Examples of Airport Revenue Bonds in a sentence
Mineta San Xxxx International Airport for the fiscal years from July 1 to June 30, as required by the Master Trust Agreement as approved by Resolution No. 70532 of the CITY, and as subsequently amended and supplemented, authorizing the issuance by CITY of City of San Xxxx Airport Revenue Bonds, which amended and restated Resolution No. 57794 and the supplemental resolutions thereto.
Funding is from FDOT Grants to the extent eligible, Passenger Facility Charges to the extent eligible, Customer Facility Charges to the extent eligible, General Airport Revenue Bonds, and previously-approved Operations and Maintenance Funds.
Airline acknowledges that any failure by Airline to make payments under this Agreement as and when such payments are due may result in a default by City on such Airport Revenue Bonds and related agreements.
The proceeds of the Bonds will be used to (i) refund and defease all of the County’s outstanding Airport Revenue Bonds, Series 2009A (the “Series 2009A Bonds”) and Series 2009B (the “Series 2009B Bonds,” and together with the Series 2009A Bonds, the “Series 2009 Bonds”), (ii) fund a debt service reserve subaccount for the Series 2019 Bonds, and (iii) pay certain expenses in connection with the issuance of the Series 2019 Bonds.
Funding is from Line of Credit to be reimbursed by future General Airport Revenue Bonds, and previously-approved Operations and Maintenance Funds.
On October 3, 2023, the Construction Committee recommended approval of an addendum to the above- referenced agreement, as follows: • Addendum for W-00489, Terminals A and B (North Terminal Complex) Baggage Handling System (BHS) Evaluation at MCO, for the total not-to-exceed fee amount of $314,799, with funding from Line of Credit to be reimbursed by future General Airport Revenue Bonds.
Funding is from Florida Department of Transportation (FDOT) Grants to the extent eligible, Passenger Facility Charges to the extent eligible, and General Airport Revenue Bonds.
On August 29, 2023, the Construction Committee has recommended approval of the following addenda on the above-referenced agreement with Anser Advisory Consulting, LLC, as outlined in the memorandum: • An Addendum for South Terminal C Financial Closeout Services to the Finance Department for W-S00120, South Terminal C, Phase 1, Financial Oversight Services, at the Orlando International Airport, for the total not-to-exceed fee amount of $354.367, with funding from General Airport Revenue Bonds.
Funding is from Florida Department of Transportation (FDOT) Grants to the extent eligible, Passenger Facility Charges to the extent eligible, Customer Facility Charges to the extent eligible, and General Airport Revenue Bonds.
City may, in its discretion, finance through the issuance of Airport Revenue Bonds: (i) Capital Improvements with a useful life of less than three (3) years but more than one (1) year or a cost of less than the Charge Trigger Amount, and (ii) maintenance or operating expenses or other expenses.