PID Bonds definition

PID Bonds means special assessment revenue bonds, in one or more series, issued by the City pursuant to the PID Act for the payment of the Authorized Improvements Costs and Administrative Expenses.

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PID Bonds means any bonds issued by the City in one or more series and secured in whole or in part by Assessments.

PID Bonds means the bonds issued pursuant to the provisions of the Act in one or more series to fund PID Project Costs or to reimburse Developer for PID Project Costs.

Examples of PID Bonds in a sentence

• If the PID Bonds have not been issued, the Owner shall pay the inspection fee which shall be included in the Actual Cost and may later be reimbursed to Owner when PID Bonds are issued.

• The Authorized Improvements to be constructed and funded in connection with the PID Bonds are detailed on the chart attached hereto as Exhibit “D” and the Service and Assessment Plan.

• The Parties anticipate that the cost to construct the Authorized Improvements will be greater than the proceeds of the PID Bonds available for Authorized Improvements.

• At the closing of the PID Bonds, Owner shall be reimbursed an amount equal to the applicable Owner Expended Funds and such amount shall be transferred to the Trustee for distribution to the Owner or the Owner’s designee.

• Once approved, the PID Bonds shall be issued by the City and may be marketed and sold through negotiated sale to an approved third party with the cooperation and assistance of the Owner in all respects with respect to the preparation of marketing documents, such as preliminary and final official statements or in such other marketing and/or sales method mutually agreed upon by the City and the Owner.

More Definitions of PID Bonds

PID Bonds means assessment revenue bonds, in one or more series, issued by the City pursuant to the PID Act for the payment of Authorized Improvements Costs and Administrative Expenses; PID Bonds includes Refunding Bonds.

PID Bonds means bonds issued by the City to finance the Actual Costs of the Authorized Improvements, including the Bonds, and secured by assessments levied on assessed properties within the District.

PID Bonds means the bonds authorized by the City to be issued, in one or more series, in accordance with the PFA (hereinafter defined).

PID Bonds means any bonds secured by Special Assessments levied against Assessed Property within the PID that may be issued to finance Authorized Improvements, including the Major Improvement Bonds and the Improvement Area Improvement Bonds, if any.

PID Bonds means any bonds issued by the City, in one or more series, secured in whole or in part by an assessment levied against a parcel within the District and imposed pursuant to an assessment ordinance and the provisions in the Service and Assessment Plan, including the Bonds, any Refunding Bonds, the Improvement Area #1 Bonds, any additional bonds issued pursuant to the indenture of trust authorizing the issuance of the Improvement Area #1 Bonds and any Future Improvement Area Bonds, if any.

PID Bonds means one or more series of bonds issued by the City to finance the Authorized Improvements and secured in whole or in part by Assessments, including Annual Installments thereof.

PID Bonds means the Bonds and any other bonds issued by the City and secured by Assessments levied on Assessed Properties within the District.