Examples of Special Redemption Account in a sentence
Moneys in the Special Redemption Account shall be used to redeem the Bonds prior to maturity.
There shall be established and maintained in the Bond Fund a Special Redemption Account into which shall be deposited all funds in the Bond Fund available for the redemption of the Bonds arising from Surplus Tax Receipts and transfers from the Construction Fund.
Moneys in the Debt Service Reserve Account shall be used to make the final payment of the principal of and interest on the Bonds.(c) There shall be established and maintained in the Bond Fund a Special Redemption Account into which shall be deposited all funds in the Bond Fund available for the redemption of the Bonds arising from Surplus Tax Receipts and transfers from the Construction Fund.
Within the Bond and Interest Fund are the Capitalized Interest Account and Special Redemption Account.
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