Utility revenue bond definition

Utility revenue bond means any bond, revenue bond,
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Utility revenue bond means any bond, revenue bond, notes or other evidence of obligations of the Oklahoma Development Finance Authority issued by the Authority pursuant to this act including, but not limited to, bond anticipation notes and refunding bonds, for the purpose set forth in this act; and
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Examples of Utility revenue bond in a sentence

  • Utility revenue bond proceeds may be used to establish a debt service reserve as allowed by State law.

  • Discussion:In 1994, the council adopted Resolution No. 5759 that established a policy, which mandates the Utilities to maintain a target combined debt coverage ratio of approximately 2.00, to further protect the city's historically favorable Utility revenue bond ratings.

  • The juvenile period will be just before gonadal differentiation, another time of vulnerability to endocrine disruptors.

  • Discussion: In 1994, Council adopted Resolution No. 5759 that established a policy, which mandates the Utilities to maintain a target combined debt coverage ratio of approximately 2.00, to further protect the City's historically favorable Utility revenue bond ratings.

  • Of these authorized but not issued bonds and notes, $315,067,049 is earmarked for self-supporting Public Utility revenue bond funded projects, $6,189,722 of General Obligation bond funded projects of the Storm water Utility, $71,299,462 for various General Fund supported capital projects, and$15,048,667 for funding of equipment purchases.Acknowledgments The preparation of this report could not have been accomplished without the dedicated services of the entire staff of the Department of Finance.

  • Utility revenue bond proceeds may be used to establish a debt service reserve as allowed by federal and State law.

  • Water and Sewer Utility Restricted Cash At December 31, 2015, the City was in compliance with the reserve requirements of the respective Water and Sewer Utility revenue bond covenants.

  • At December 31, 2000, the City was in compliance with all significant reserve requirements of the respective Water and Sewer Utility revenue bond ordinances.

  • The legitimate child born to a Malagasy father is considered Malagasy.

  • Utility revenue bond proceeds may be used to establish a debt service reserve as allowed by the IRS.Debt Coverage Example:Operating Revenues$19,903,166Operating Investment Income 751,270Total Operating Revenue$20,654,436Operating Expenses$15,644,355Less: Depreciation and Amortization 1,155,004Net Expenses$ 14,489,351Net Revenue Available for Debt Service$ 6,165,085 (1*)Principal$ 1,520,000Interest 1,963,116Total Debt Service$ 3,483,116 (2*)Debt Coverage Ratio (1* divided by 2*)1.77Policy 27.

Related to Utility revenue bond

  • Revenue bond means any bond, note, or other evidence of

  • Revenue bonds means the following types of instruments payable from the sources provided in the Central Valley Project Act: revenue bonds, notes, refunding bonds, refunding notes, bond anticipation notes, certificates of indebtedness, and other evidences of indebtedness.

  • Electric utility steam generating unit means any steam electric generating unit that is constructed for the purpose of supplying more than one-third of its potential electric output capacity and more than 25 MW electrical output to any utility power distribution system for sale. Any steam supplied to a steam distribution system for the purpose of providing steam to a steam-electric generator that would produce electrical energy for sale is also considered in determining the electrical energy output capacity of the affected facility.

  • Urban renewal project means undertakings and activities of a municipality in an urban renewal area for the elimination and for the prevention of the development or spread of slums and blight, and may involve slum clearance and redevelopment in an urban renewal area, or rehabilitation or conservation in an urban renewal area, or any combination or part of them in accordance with an urban renewal plan. These undertakings and activities may include:

  • Rechargeable Electrical Energy Storage System (REESS) means the rechargeable energy storage system that provides electric energy for electrical propulsion.

  • Renewable energy project means (A) a project

  • Anticipated county property tax revenue availability means the

  • Water Surface Elevation (WSE means the height, in relation to mean sea level, of floods of various magnitudes and frequencies in the floodplains of coastal or riverine areas.

  • 100-year flood means a flood that has a 1-percent or greater chance of recurring in any given year or a flood of a magnitude equalled or exceeded once in 100 years on the average over a significantly long period.

  • Historic building means a building, including its structural components, that is located in this state and that is either individually listed on the national register of historic places under 16 U.S.C. 470a, located in a registered historic district, and certified by the state historic preservation officer as being of historic significance to the district, or is individually listed as an historic landmark designated by a local government certified under 16 U.S.C. 470a(c).

  • Renewable energy facility means an electric generation unit or other facility or installation that produces electric energy using a Renewable Energy Source.

  • Expandable condominium means a condominium project to which additional

  • Water surface elevation means the height, in relation to the National Geodetic Vertical Datum (NGVD) of 1929, the North American Vertical Datum (NAVD) of 1988, or other datum, where specified, of floods of various magnitudes and frequencies in the floodplains of riverine areas.

  • 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.

  • mean high water springs or “MHWS” means the highest level which spring tides reach on average over a period of time;

  • Urban renewal area means a slum area or a blighted area or a combination thereof which the municipality designates as appropriate for an urban renewal project.

  • Energy Payment The amount that Company will pay Seller for electric energy delivered to Company in accordance with the terms and conditions of this Agreement on a monthly basis as set forth in Attachment J (Company Payments for Energy, Dispatchability and Availability of XXXX) to this Agreement.

  • Renewable fuel means a fuel that is derived from Eligible Energy Resources. This term does not include a fossil fuel or a waste product from a fossil fuel source.

  • Pollution control project means any activity or project at an existing electric utility steam generating unit for purposes of reducing emissions from such unit. Such activities or projects are limited to:

  • Useful thermal energy means, with regard to a cogeneration unit, thermal energy that is:

  • Renewable Energy Certificates or “RECs” shall mean all of the Certificates and any and all other Environmental Attributes associated with the Products or otherwise produced by the Facility which satisfy the RPS for a RPS Class I Renewable Generation Unit, and shall represent title to and claim over all Environmental Attributes associated with the specified MWh of generation from such RPS Class I Renewable Generation Unit.

  • 100-year floodplain means any area of land that:

  • Redevelopment project means any work or undertaking

  • water meter means any apparatus for measuring or showing the volume of water supplied to, or of effluent discharged from any premises;

  • Stormwater management planning area means the geographic area for which a stormwater management planning agency is authorized to prepare stormwater management plans, or a specific portion of that area identified in a stormwater management plan prepared by that agency.

  • Total resource cost test or "TRC test" means a standard that is met if, for an investment in energy efficiency or demand-response measures, the benefit-cost ratio is greater than one. The benefit-cost ratio is the ratio of the net present value of the total benefits of the program to the net present value of the total costs as calculated over the lifetime of the measures. A total resource cost test compares the sum of avoided electric utility costs, representing the benefits that accrue to the system and the participant in the delivery of those efficiency measures, as well as other quantifiable societal benefits, including avoided natural gas utility costs, to the sum of all incremental costs of end-use measures that are implemented due to the program (including both utility and participant contributions), plus costs to administer, deliver, and evaluate each demand-side program, to quantify the net savings obtained by substituting the demand-side program for supply resources. In calculating avoided costs of power and energy that an electric utility would otherwise have had to acquire, reasonable estimates shall be included of financial costs likely to be imposed by future regulations and legislation on emissions of greenhouse gases.