Utility cost containment bonds definition

Utility cost containment bonds means bonds, notes, commercial paper, variable rate securities, and any other evidences of indebtedness issued by an authority, the proceeds of which are used directly or indirectly to pay or reimburse a local agency or its publicly owned utility for the costs of a utility project and which are secured by a pledge of, and are payable from, utility project property.
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Utility cost containment bonds means bonds, notes, commercial paper, variable rate securities, and any other evidences of indebtedness issued by the Authority or
Sample 1

Examples of Utility cost containment bonds in a sentence

  • Utility cost containment bonds are secured by a utility project charge levied on utility customers.

  • Utility cost containment bonds shall be nonrecourse to the credit or any assets of the local agency or the publicly owned utility but are payable from, and secured by, a pledge of the utility project property relating to the utility cost containment bonds and any additional security or credit enhancement specified in the documents relating to the utility cost containment bonds.

  • The documentation provided for public review includes a copy of the applicant’s environmental policy. Following close of the public comment period, the department will advise the applicant of any significant comment(s) that could impact eligibility.

  • Utility cost containment bonds may also be used to refinance indebtedness incurred by a local agency to finance or refinance utility projects or to refinance utility cost containment bonds.

  • Utility cost containment bonds shall be issued within the parameters of the financing provided by the authority pursuant to this section.

Related to Utility cost containment bonds

  • Construction Cost means and includes the cost of the entire construction of the Project, including all supervision, materials, supplies, labor, tools, equipment, transportation and/or other facilities furnished, used or consumed, without deduction on account of penalties, liquidated damages or other amounts withheld from payment to the contractor or contractors, but such cost shall not include the Consulting Engineer/Architect's fee, or other payments to the Consulting Engineer/Architect and shall not include cost of land or Rights-of-Way and Easement acquisition.

  • Costs of the Project means Recipient’s actual costs (including any financing costs properly allocable to the Project) that are (a) reasonable, necessary and directly related to the Project, (b) permitted by generally accepted accounting principles to be Costs of the Project, and (c) are eligible or permitted uses of the Financing Proceeds under applicable state or federal statute and rule.

  • Additional Transportation Cost means the actual cost incurred for one-way Economy Transportation by Common Carrier reduced by the value of an unused travel ticket.

  • Transportation Costs means a component of the Charges, comprising those charges payable to the TNO and/or DNO for the use of their networks as applicable from time to time under the Industry Agreements including those charges more specifically referred to as “DUoS” and “TNUoS” and specified as “Included in the Unit Rate”, “Fixed” or “Pass-Through” in the Quotation Document or as otherwise notified to you as payable during the Supply Contract from time to time;

  • Administration Costs means (a) the costs and expenses associated with the 17 production and dissemination of the Notice; (b) all reasonable costs incurred by the Settlement 18 Administrator in administering and effectuating this Settlement, including costs of distributing the 19 Settlement Amount, which costs are necessitated by performance and implementation of this 20 Agreement and any court orders relating thereto; and (c) all reasonable fees charged by the 21 Settlement Administrator.

  • Administrative Costs means all costs and expenses associated with providing notice of the Class Settlement Agreement to the Settlement Class, Claims Administration, and otherwise administering and carrying out the terms of this Class Settlement Agreement.

  • Operation and Maintenance Costs means the costs of:

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • apartment building means a residential use building, or the residential use portion of a mixed-use building, other than a townhouse or stacked townhouse containing four or more dwelling units each of which shall have access to above grade common halls, stairs, elevators, and yards;