General obligation bond definition

General obligation bond means a Bond, the payment of principal of and interest on which is a General Obligation of the Authority.
General obligation bond means any bond, note, warrant, certificate of indebtedness, or other obligation of a public body payable in whole or in part from revenues derived from ad valorem taxes and that constitutes an indebtedness within the meaning of any applicable constitutional or statutory debt limitation.
General obligation bond means a negotiable bond issued by a city and payable from the levy of unlimited ad valorem taxes on all the taxable property within the city through its debt service fund which is required to be established by section 384.4.

Examples of General obligation bond in a sentence

  • General obligation bond interest expense during the year ended June 30, 2015, was $10,551,918.

  • General obligation bond, held by Bangor Savings Bank, issued in August 2022 for $2,000,000.

  • General obligation bond, held by Bangor Savings Bank, issued in February 2022 for $3,300,000.

  • General obligation bond elections will be determined and set by the Commissioners Court based upon recommendations of the County's financial advisor, bond counsel, and underwriters.

  • General obligation bond funds N Other federal funds W Revolving funds (c) "Position ceiling" means the maximum number of permanent posi­ tions authorized for a particular program during a specified period or periods, as noted by an asterisk.


More Definitions of General obligation bond

General obligation bond means a negotiable bond issued by a county and payable from the levy of ad valorem taxes on all taxable property within the county through its debt service fund which is required to be established by section 331.430.
General obligation bond means any bond, note, warrant, certificate of
General obligation bond means any bond, note, warrant, certificate of indebtedness, or other obligation of a public body which constitutes an indebtedness within the meaning of the constitutional debt limitation.
General obligation bond means a bond that is issued pursuant
General obligation bond means any bond issued by the District any part of the principal or interest of which bond is to be paid by taxation.
General obligation bond means exempt bonded indebtedness, as defined in ORS 310.140, that is secured by a commitment to levy ad valorem taxes outside the limits of sections 11 and 11b, Article XI, of the Oregon Constitution.
General obligation bond means a Bond for the payment of which the Authority pledges its full faith and credit, subject only to the provisions of any agreements with the owners of particular notes or bonds pledging any particular revenues or assets to the payment thereof.