Examples of Series 2018 Notes in a sentence
Proceeds of sale of the Notes shall be deposited in the Series 2018 Notes Construction Fund and shall be applied solely in payment of the cost of the Series 2019 Project and any costs of engineering, legal, issuance and other expenses incident thereto.
Any unexpended balance remaining in the Series 2018 Notes Construction Fund after completion of the Series 2019 Project may, in the discretion of the Board, be used for meeting requirements, if any, of the Bond Reserve Account, or for further improvements, enlargements and extension to the System.
The Series 2018 Notes to be redeemed shall be selected not more than 60 days before the redemption date from Series 2018 Notes then outstanding that have not been previously called for redemption.
Concurrently with the issuance of the Series 2018 Notes, the City is issuing its “City of St. Ann, Missouri, Tax Increment Revenue Bonds (Northwest Plaza Redevelopment Project) Series 2018A,” in the aggregate principal amount of $[Principal A] (the “Bonds”).
The Series 2018 Notes constitute special, limited obligations of the City payable as to principal and interest solely from the Pledged Revenues and other moneys pledged thereto and held by the Trustee pursuant to the Indenture.