Acquisition and Construction Fund definition

Acquisition and Construction Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Acquisition and Construction Fund means the fund by that name established pursuant to Section 3.1 hereof.

Acquisition and Construction Fund means the “[Local Agency] Acquisition and Construction Fund” established by the Authority pursuant to Section 1.03 hereof for the purpose of paying the Acquisition Price of the Acquisition Improvements and which fund may be held as a subaccount within a fund established under the Authority Trust Agreement and may be commingled with acquisition and construction fund monies available for other public capital improvements.

Examples of Acquisition and Construction Fund in a sentence

Interest earnings realized on amounts in each Account of the Acquisition and Construction Fund will remain in such Account until disbursed in accordance with this Agreement.
The Trustee may further require that disbursements from the Acquisition and Construction Fund shall be effectuated through a construction escrow account on terms commonly employed with respect to construction projects in the State, or through a system of lien waiver examinations, established with Chicago Title Insurance Company.
All moneys in the Acquisition and Construction Fund shall be held by the Trustee in trust and applied by the Trustee to the payment of Project Costs and of expenses incident thereto (or for making reimbursements to the Authority or the City or any other person, firm or corporation for such costs theretofore or thereafter paid by it).
Prior to the advertising of bids for a contract to be let subsequent to the date of this Agreement, the Director will advise the Company as to whether adequate funds are on deposit in the Project Facilities Account of the Acquisition and Construction Fund to pay the amounts to be paid under such contract.
The District intends to invest amounts on deposit in the Acquisition and Construction Fund in investments permitted by law.

More Definitions of Acquisition and Construction Fund

Acquisition and Construction Fund means the Fund so designated which is established pursuant to Section 5.01 hereof.

Acquisition and Construction Fund means the Acquisition and Construction Fund established pursuant to Section 3.04 hereof.

Acquisition and Construction Fund means the “City of Rohnert Park University District Community Facilities District Acquisition and Construction Fund” established by the Authority pursuant to the Resolution and Section 5.2 hereof for the purpose of paying the Acquisition Price of the Acquisition Improvements.

Acquisition and Construction Fund means the fund of the Issuer so defined in Section 5.03.

Acquisition and Construction Fund means the fund held by the Trustee pursuant to Section 3.01. Act

Acquisition and Construction Fund means the special fund created under Section 4.1.

Acquisition and Construction Fund means the City of Sacramento McKinley Village Community Facilities District No. 2015-04 (Improvements) Special Tax Bonds Acquisition and Construction Fund established pursuant to Section 2.04 (to be maintained by the Treasurer).