Examples of State Infrastructure Bank in a sentence
On the Agreement Date, the Developer may elect to receive a loan from the State Infrastructure Bank (a “SIB Loan”) of $29,021,233 to finance a portion of the cost of Early Work.
To assist the CITY in funding the construction of the 156th Street Bridge, INDOT has invited the CITY to apply for a loan in the amount of $4,264,000.00 from the State Infrastructure Bank (“SIB”).
On or after the Agreement Date, the Developer may elect to receive a loan from the State Infrastructure Bank (a “SIB Loan”) in an amount of up to $39,000,000 to finance a portion of the cost of the Early Work.
On the Agreement Date, the Developer may elect to receive a loan from the State Infrastructure Bank (a “SIB Loan”) of up to $25 million to finance a portion of the cost of Early Work.
The Camino Real Regional Mobility Authority is responsible for funding $30,000,000, which may be obtained through a State Infrastructure Bank loan.
State Infrastructure Bank The State Infrastructure Bank (SIB) program was originally enacted by Congress under Section 350 of the National Highway System Designation Act of 1995 (NHS Act) as part of the U.S. Department of Transportation’s continuing effort to increase infrastructure investment in the transportation sector.
HPTE shall repay CDOT the Monthly Payment Amount indicated in Exhibit A, as amended and restated, with interest thereon until paid in full at the per annum rate set by the State Infrastructure Bank at the time of draw, which amounts shall accrue from the date of funding with respect to each draw.
The FHWA Division Finance Team provides technical guidance and advice on financial management, accounting, project funds management, State Infrastructure Bank guidance, innovative financing techniques, auditing, and management analysis to FHWA, AHTD and LPA personnel in delivering the Federal-aid highway and transportation programs in Arkansas.
The purpose of innovative financing is to ensure the most effective and efficient use of FAHP funds which includes innovative financing tools such as the Grant Anticipation Revenue Vehicle (GARVEE) program, State Infrastructure Bank (SIB), Advanced Construction, Flexible Match, Tapered Match, Transportation Infrastructure Finance & Innovation Act (TIFIA) loans, Toll Pilot Programs, Public-Private Partnerships, SEP-14 and SEP-15 programs.
Dated this day of , 2012 AGENCY By: EXHIBIT F FORM OF NON-ARBITRAGE CERTIFICATE I, the undersigned, hereby certify that I am a duly qualified and acting officer of the ("Agency"), and that in my official capacity as such officer, I am responsible for executing and delivering on behalf of the Agency that certain State Infrastructure Bank Loan Agreement between the Agency and the State of Florida Department of Transportation, dated as of , 2012, (the “Loan Agreement”).