STAR bond definition

STAR bond means a sales tax and revenue bond, note, or
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STAR bond means a sales tax and revenue bond, note, or other obligation payable from pledged STAR revenues and issued by a political subdivision, the proceeds of which shall be used only to pay project costs as defined in this Act.
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STAR bond means a sales tax and revenue bond.
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Examples of STAR bond in a sentence

  • The District may consist of multiple STAR bond project areas as delineated in one or more STAR bond project plans to be approved for property within the District.

  • Each active STAR bond project in the Wichita MSA supports distinctly different major tourism attractions and retail components.

  • The ultimate goal for STAR bond projects is to increase tourism and sales tax generation for the region and State.

  • The “tax increment” is the increase in sales tax revenue resulting from the difference between sales tax collection in the year a STAR bond district is established and the increased taxes collected following development of the commercial and tourism attraction.

  • Upon the conclusion43 of the public hearing and a finding by the director that the proposed project district is an44 eligible area, the governing body of the city or county shall pass an ordinance or resolution.45 (b) An ordinance or resolution for a STAR bond project district may establish the46 STAR bond project district, and such ordinance shall:47 a.

  • Such projects shall be eligible for7 financing by special obligation bonds payable from revenues described by subdivision (1)8 of subsection 1 of section 67.2072.9 (2) Each STAR bond project shall first be approved by the director, if the director10 determines that the proposed project or complex sufficiently promotes, stimulates, and11 develops the general and economic welfare of the state.

  • The PGAV Study concluded that continued development of the Derby Project District with the proposed Final Phase Project will not have a measurable adverse impact on visitor volumes, retail sales volumes and STAR bond revenues on those STAR Bond Districts with outstanding bond debt.

  • Nebraska should adopt a STAR bond program patterned after the Kansas program targeted at major retail anchor projects which have attractive tourism features.

  • The Kansas Secretary of Commerce ultimately approves the use of STAR bond proceeds within a STAR Bond Project District once the District is established by a governing body.

  • The STAR bond authority will sunset on July 1, 2007.49 Special obligation bonds and private activity bonds are not guaranteed by KDFA and are not included in the State’s balance sheet.


More Definitions of STAR bond

STAR bond or “STAR Bonds” means the Series 2012 STAR Bonds and any Additional STAR Bonds issued pursuant to Section 2.03 of the Indenture.
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STAR bond means Kansas sales tax revenue bond.
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Related to STAR bond

  • Senior Bonds means all Bonds issued as Senior Bonds in compliance with the provisions of the Indenture.

  • Series 2021 Bonds means, collectively, the Series 2021A Bonds and the Series 2021B Bonds.

  • Prior Bonds means the assessment bonds that are refunded in part or in whole by refunding assessment bonds.

  • Initial Bond means any Bond issued on the First Issue Date. “Initial Bond Issue” has the meaning set forth in Clause 2.1.

  • Municipal Bonds means "Municipal Bonds" as defined in the Corporation's Registration Statement on Form N-2 (File No. 333-_____) relating to the AMPS on file with the Securities and Exchange Commission, as such Registration Statement may be amended from time to time, as well as short-term municipal obligations, High Yield Municipal Bonds and Inverse Floaters.

  • Subordinate Bonds means all Bonds but Senior Bonds.

  • Series 2017 Bonds means, collectively, the Series 2017A Bonds and the Series 2017B Bonds.

  • Series 2020 Bonds means the West Virginia Hospital Finance Authority Refunding Revenue Bonds (Thomas Health System, Inc.), Series 2020 A to be issued as a combination of tax-exempt and taxable non-rated fixed rate bonds by the Issuer, subject to its authority and discretion, in the aggregate principal amount of $60,100,000, to (i) refund and retire the Series 2008 Bonds at a discount to the current par amount outstanding, (ii) fund a debt service reserve fund for the Series 2020 Bonds, (iii) fund the Operating Reserve Fund, if necessary, as described in Article IV.C.1 of the Plan and (iv) finance costs of issuance of the Series 2020 Bonds.

  • Refunding Bond or “Refunding Bonds” means all or a portion of the

  • Bonds means any bonds (including refunding bonds), notes, interim certificates, certificates of indebtedness, debentures or other obligations.

  • School Bonds means School Obligations issued as Bonds.

  • Payment Bond is one executed in connection with a contract to assure payment as required by law of all persons supplying labor and material in the execution of the work provided for in the contract.

  • Additional Bonds means the debt instruments issued under a Tap Issue, including any Temporary Bonds.

  • Debt bondage means the status or condition of a debtor arising from a pledge by the debtor of his or her personal services or of those of a person under his or her control as a security for debt, if the value of those services as reasonably assessed is not applied

  • covered bond means a debt security issued by any member of the banking group, for which repayment to holders is guaranteed by a SPV, and investors retain an unsecured claim on the issuer.