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Utility Revenue Bond

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Utility revenue bond
A municipal bond issued to finance the construction of public utility services. These bonds are repaid from the operating revenues the project produces after the utility is finished.

Utility Revenue Bond
A municipal bond issued in order to finance the construction of a public utility, such as a power plant or a water treatment plant. A utility revenue bond is guaranteed by and is paid out of the revenues derived from the sale of those utilities.


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During his tenure at the City of Raleigh, James led the effort to start using utility revenue bonds and guided the city to one of the first AAA ratings on that type of debt.
Schertz's utility revenue bond debt service coverage (which is paid after the LGC bonds) was a strong 4.
7 million wastewater development impact fee and subordinate lien wastewater utility revenue bonds, series 2007.
 
 
 
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