Principal Amount; Designation Clause Samples
Principal Amount; Designation. The Bond, in the aggregate principal amount of $ , is hereby authorized to be issued by the City for the District under and subject to the terms of the Resolution, this Agreement, the Act and other applicable laws of the State of California. The Bond shall be designated “Community Facilities District No. 2000-1 (Eagle Glen II) of the City of Corona 2020 Special Tax Refunding Bond” and shall be issued in the form attached hereto as Exhibit A. Notwithstanding the preceding provisions of this Section 2.01 or the provisions of Section 2.02, 2.03 and 3.01 or any other section hereof, so long as the Outstanding Bond is held by the Original Purchaser, the records of the Fiscal Agent with respect to the payment of the interest on and the principal of the Outstanding Bond shall be conclusive evidence of such payment and shall be binding upon the Owner of the Outstanding Bond. Upon payment of the principal of the Outstanding Bond and the interest due on the maturity date of the Bond, it shall be considered for all purposes to have been redeemed and to be no longer Outstanding. The Fiscal Agent shall provide to the Original Purchaser all payments, by mail or wire transfer, required pursuant to this Agreement without delivery of the Bond to the Original Purchaser.
Principal Amount; Designation. The 2018 Bonds in the aggregate principal amount of $ are hereby authorized to be issued by the City for Improvement Area No. 1 of the District under and subject to the terms of the Resolution, this Agreement, the Act and other applicable laws of the State of California. The 2018 Bonds shall be designated “Community Facilities District No. 2018-1 (Bedford) of the City of Corona (Improvement Area No. 1), 2018 Special Tax Bonds Series A.” The Bonds shall be issued in the form attached hereto as Exhibit A.
Principal Amount; Designation. 2016 Bonds in the aggregate principal amount of __________ Million __________ Hundred __________ Thousand Dollars ($__________) are hereby authorized to be issued by the City for and on behalf of the District under and subject to the terms of the Resolution, this Agreement, the Act, the Refunding Law and other applicable laws of the State of California. The 2016 Bonds are hereby designated the “City of Redwood City Community Facilities District No. 2010-1 (One Marina) 2016 Special Tax Refunding Bonds.”
Principal Amount; Designation. The Lender hereby agrees to make the Loan to the City in the aggregate principal amount of $13,695,000, and the City hereby agrees to borrow such amount from the Lender. The Loan shall be evidenced by a note which shall constitute a "refunding bond" under the Act, which shall be issued by the City in the form of the Note in the aggregate principal amount of $13,695,000. The Loan and the Note are authorized to be entered into and issued by the City for the CFD under and subject to the terms of the Act, the Resolution, this Loan Agreement and other applicable laws of the State. The Loan shall be funded by the Lender subject to the terms and conditions of this Loan Agreement on the Closing Date in funds which are immediately available to the City and the Escrow Bank.
Principal Amount; Designation. Bonds in the aggregate principal amount of Million Hundred Thousand Dollars ($ ) are hereby authorized to be issued by the District under and subject to the terms of the Resolution of Issuance and this Agreement, the Act and other applicable laws of the State of California. The Bonds shall be designated “Los Osos Community Services District Limited Obligation Refunding Bonds Wastewater Assessment District No. 1 (Reassessment and Refunding of 2019),” and shall be secured by the Reassessments, and moneys in the Redemption Fund and the Reserve Fund.
Principal Amount; Designation. 2013 Bonds in the aggregate principal amount of _______________ Dollars ($ ) are hereby authorized to be issued by the
Principal Amount; Designation. 2018 Bonds in the aggregate principal amount of ($[Par Amount]) are hereby authorized to be issued and sold by the City for the District under and subject to the terms of the Bond Resolution and this Indenture, the Act and other applicable laws of the State of California. The 2018 Bonds are hereby designated as the “City of Saratoga Community Facilities District No. 2016-1 Special Tax Bonds, Series 2018 (Arrowhead Project) (Federally Taxable).”
Principal Amount; Designation. Bonds in the aggregate principal amount of Million Thousand Dollars ($ ) are hereby authorized to be issued by the Agency under and subject to the terms of the Resolution of Issuance, this Agreement, the Bond Law and other applicable laws of the State of California. The Bonds shall be designated “San ▇▇▇▇▇▇▇ Area Flood Control Agency ▇▇▇▇▇ Canal Area Assessment District Assessment Revenue Bonds, Series 2019,” and the repayment of which shall be secured by the Assessment Revenues and moneys in the Bond Fund and the Reserve Fund.
Principal Amount; Designation. The 2020 Bonds in the aggregate principal amount of $ are hereby authorized to be issued by the City for the District under and subject to the terms of the Resolution and this Agreement, the Act and other applicable laws of the State of California. The 2020 Bonds shall be designated the “City of American Canyon Community Facilities District No. 2018-1 (Green Island Road Project) Special Tax Bonds Series 2020.”
Principal Amount; Designation. 2014 Bonds in the aggregate principal amount of Four Million Four Thousand Three Hundred Thirty-One Dollars and Fifteen Cents ($4,004,331.15) are hereby authorized to be issued by the School District for the CFD under and subject to the terms of the Resolution, this Agreement, the Act, the Refunding Law and other applicable laws of the State of California. The 2014 Bonds are hereby designated the “Plumas Lake Elementary School District Community Facilities District No. 1 2014 Special Tax Refunding Bonds.”