The proceeds of the Loan will be used, along with other available money, to refund the Citys outstanding Special Assessment Bond
, Series 2009A (Water Improvements USA 31) for debt service savings.
local governments have financed infrastructure through the use of general obligation bond proceeds, special assessment bond
proceeds, intergovernmental revenues, and current revenues such as property taxes.
Like a special assessment bond
, debt ratios will vary from parcel to parcel and credit quality improves as a district becomes developed.
A lawsuit filed by First Community Bank of Batesville makes no bones about his alleged mischief: "Kevin Lewis fraudulently drafted, sold and pledged the special assessment bonds
The report, among other things, presented four financing options--GO bonds, special tax bonds, special assessment bonds
, and a community facilities district--that the City may use to meet its unfunded infrastructure and services needs.
615 million LTGO sanitary sewer special assessment bonds
series 2001 at 'AA-';
Tenders are invited for bond counsel services for special assessment bonds
Lewis borrowed $450,200 from First Community Bank in 2007 and as collateral used his interest in the special assessment bonds
of Fieldstone Property Owners Improvement District No.
85 million limited tax general obligation (LTGO) bonds series 2004 to 'B' from 'BB'; --$300,000 special assessment bonds
, series 2007 to 'B' from 'BB'; --Implied unlimited tax general obligation (ULTGO) bonds to 'B+' from 'BB+'.
The City of Cocoa is requesting proposals from investment banking firms interested in providing underwriting services to the City, with the issuance of Capital Improvement Refunding Revenue Bonds, Series 2016 and Fire Special Assessment Bonds
, Series 2016; for the purpose of refunding existing bonds and construction, reconstruction, and acquisition of facilities and equipment.
PASSAGE OF ADDITIONAL MILLAGE CRUCIAL TO OPERATIONS: The downgrades and Rating Watch Negative reflect Fitch's concerns that without the passage of an additional millage, debt service payments for the special assessment bonds
will deplete available reserves and significantly increase the probability of a default.
Through this Request for Qualifications ( RFQ ) process, the City Attorney s Office of the City of San Jose (the City ) is seeking to establish a pool of qualified law firms to provide bond counsel and disclosure counsel services in connection with the issuance of various types of municipal bonds and other indebtedness, including without limitation, general obligation bonds, tax and revenue anticipation notes and/or bonds, lease revenue bonds, certificates of participation, commercial paper notes, special assessment bonds
, multi-family housing bonds and community facility district (Mello-Roos) special tax bonds by or on behalf of the City.