CID Bonds definition

CID Bonds means community improvement district special obligation bonds issued by the City to finance all or a portion of the CID Projects, if any.
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CID Bonds means community improvement district full faith and credit general obligation bonds issued by the City to finance all or a portion of the CID Projects, if any.
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CID Bonds means any CID Bonds issued and sold pursuant to Section 4.02 of this Agreement.
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Examples of CID Bonds in a sentence

  • Developer and the City agree that they will comply with all reasonable requirements, including any statutory requirements, associated with the issuance, sale, purchase and delivery of any CID Bonds.

  • The CID Sales Taxes in the CID Bond Revenue Fund 2 will be utilized to first pay principal and interest payments required under CID Bonds for CID District 2 at such times as such payments may be required under the Bond Documents for Phase 2.

  • It is contemplated by the parties that the CID Improvements shall be funded by bonds or other obligations issued pursuant to the CID Act ("CID Bonds").

  • Developer hereby agrees to provide continuing disclosures as it relates to the Project in connection with the CID Bonds, as determined at the time of issuance of the CID Bonds, and as the same may thereafter be modified, so long as any such CID Bonds are outstanding, and will obligate all successors, assigns and transferees to provide any necessary disclosures.

  • When CID Bonds for the CID District are issued, Developer hereby understands and agrees that the CID Administrative Fee for the CID District described in Section 10.01 below shall be paid from the proceeds of the CID Bonds.

  • When CID Bonds are issued by the City for the CID District, the proceeds of the CID Bonds for the CID District shall be deposited into a fund which shall be created and administered by the City or its designee and which will be described and defined in the Bond Documents for the CID District and which, for purposes of this Agreement shall be referred to as the "CID Construction Account".

  • Any such CID Bonds shall be issued in an amount, on terms and at an interest rate or rates determined by market conditions at the time of issuance and under terms and conditions deemed acceptable by the City in its sole discretion.

  • The given boundary conditions are nevertheless “natural” in the sense that both φ and its derivative can be arbitrarily chosen on the boundary.

  • The City shall not in any way guaranty or lend its credit to secure or support the CID Bonds.

  • Subsequently, for Phase 2, CID Bonds may be issued in a par amount of approximately $14,000,000 (which shall render an estimated $10,904,600 of net CID net Bond Proceeds) for use in funding Phase 2 CID Project Costs which would then be deposited in the applicable CID Bond accounts.


More Definitions of CID Bonds

CID Bonds means any CID bonds issued and sold pursuant to Section 4.03 hereof. "CID Bond Revenue Fund 1" means the account created and administered by the City for the deposit of CID Sales Tax from CID District 1.
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CID Bonds means those notes or bonds issued in one or more series and payable, in whole or part, from all or a portion of the CID Sales Taxes, CID Assessments and/or Additional CID Assessments, if any, as described herein.
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Related to CID Bonds

  • Refunded Bonds means the portion of the $15,757,000 of the Series A Bonds now outstanding that are stated to mature on December 1 in each of the years 2021 through 2024 that is to be refunded by the Bonds, as determined by the Fiscal Officer and specified in the Certificate of Award at the time of the sale of the Bonds in accordance with Section 2, and may include all of those Original Bonds.

  • Refunding Bonds means Bonds issued pursuant to provisions of this Master Indenture, the proceeds of which are used to refund one or more Series of Outstanding Bonds.

  • Prior Bonds means the assessment bonds that are refunded in part or in whole by refunding assessment bonds.

  • School Bonds means School Obligations issued as Bonds.

  • Senior Bonds means all Bonds issued as Senior Bonds in compliance with the provisions of the Indenture.

  • Term Bonds means Bonds that mature on one date and that are subject to mandatory redemption from Amortization Installments or are subject to extraordinary mandatory or mandatory redemption upon receipt of unscheduled Pledged Revenues.