Bond Proceeds definition

Bond Proceeds means the proceeds from the sale of bonds, notes, and other obligations issued by a district, and reserves and funds maintained by a district for debt service purposes.
Bond Proceeds means the proceeds from the sale of bonds, notes, and other obligations issued by an entity, and reserves and funds maintained by an entity for debt service purposes.
Bond Proceeds means the gross cash proceeds from the sale of TIF Bonds before payment of Issuance Costs, together with any interest earned thereon.

Examples of Bond Proceeds in a sentence

  • Performance and labor and material bonds for specific Improvements shall not be required or may be released if: (1) such Improvements constitute a portion of the required subdivision improvements, (2) Bond proceeds equal to 125% of the estimated cost to construct or acquire such Improvements are available and set aside for such purpose, and (3) the Improvements are to be constructed or acquired entirely with the proceeds of the Bonds.

  • The Agreement between the Agency and the YMCA Peninsula Branch provided $575,000 to the YMCA Peninsula Branch from Series 2000 North Bay Tax Allocation Bond proceeds for the construction of a multi-use gymnasium at the Peninsula Branch location.

  • Property Owner and Perris agree that payment of the CFD No. 91-1 Prepayments to Perris with respect to any 91-1 Lot within the Improvement Areas, whether with CFD Bond proceeds or otherwise, shall constitute full mitigation of the obligations due Perris in connection with the issuance of a Certificate of Compliance with respect to such 91-1 Lot.

  • FISCAL CONSIDERATIONS: When the Redevelopment Agency executed the Site Improvement Assistance Agreement in 2002, $575,000 in Series 2000 North Bay Tax Allocation Bond proceeds were encumbered for this project.

  • The City and the Owner acknowledge and agree that the Purchase Prices of all Improvements may exceed the aggregate amount of the Bond proceeds and Surplus Special Taxes which will be available for the payment of the Purchase Prices.


More Definitions of Bond Proceeds

Bond Proceeds means original proceeds, investment proceeds, and replacement proceeds of Bonds.
Bond Proceeds means the funds that are advanced by the Bond Pur- chaser to the Qualified Issuer under a Bond;
Bond Proceeds means the proceeds from the sale of bonds, notes, and other obligations issued by theCOB, and reserves and funds maintained by the COB for debt service.
Bond Proceeds means the proceeds derived from the sale of the Bonds by the Issuer, the application of which shall be specified in the Closing Order and in this Bond Ordinance.
Bond Proceeds means the amount, including any accrued interest, paid to the Authority by the Placement Agent pursuant to the Placement Agreement as the purchase price of the Bonds, and any interest income earned thereon;
Bond Proceeds means the direct proceeds of the sale of bonds or notes, and the income derived from the investment of such proceeds.
Bond Proceeds means the net cash proceeds from the sale of TIF Bonds available for refunding of the TIF Notes (after deposit of funds for Issuance Costs, capitalized interest and debt service reserve), together with any interest earned thereon.