Examples of Bonded indebtedness in a sentence
Bonded indebtedness issued pursuant to this item does not constitute nor give rise to a pecuniary liability to the State or a charge against the credit or taxing powers of the State.
Bonded indebtedness for the acquisition or improvement of real property approved on or after July 1, 1978, by two-thirds of the votes cast by the voters voting on the proposition.
Bonded indebtedness incurred by a school district, community college district, or county office of education for the construction, reconstruction, rehabilitation, or replacement of school facilities, including the furnishing and equipping of school facilities, or the acquisition or lease of real property for school facilities, approved by 55 percent of the voters of the district or county, as appropriate, voting on the proposition on or after the effective date of the measure adding this paragraph.
Bonded indebtedness has also been entered into to advance refund several general obligation and revenue bonds.
To qualify, a district must be charging the maximum developer fee and meet one of the following criteria: • Bonded indebtedness of 60 percent or greater • Successful passage of a Prop.