Sentences with phrase «county bond financing»

In 2003 Erie County exchanged $ 2 million in County Bond financing with the City of Buffalo for $ 2 million of Multimodal funding from New York State; the $ 2 million Erie County received was dedicated for rail work on the site.

Not exact matches

Harford County officials plan to postpone by a month a planned sale of bonds to finance two key public safety - related projects and other capital improvements.

A municipal bond is a debt security issued by a state, municipality, or county to finance its capital expenditures.

Also called «munis» for short, municipal bonds are debt obligations issued by a state, municipality, or a county to finance its capital expenditures, such as construction of highways, schools, hospitals, and...

The Municipal Securities Rulemaking Board (MSRB) writes investor protection rules and other rules regulating broker - dealers and banks in the United States municipal securities market, including tax - exempt and taxable municipal bonds, municipal notes, and other securities issued by states, cities, and counties or their agencies to help finance public projects or for other public policy purposes.

, the Albany Business Review (ABR) identified a dozen tenants, including state agencies, at the $ 191 million, 350,000 - square - foot ZEN building, which was financed in part by multimillion dollar bonds issued on FRMC's behalf by the Albany County Capital Resource Corporation.

Holmquist, who voted against the bond authorization, said county legislators needed more time to evaluate the finances of the amphitheater.

· Act — HIF BOND ACT - BPL01 - Heritage Homes - New Rochelle: A BOND ACT authorizing the issuance of ONE MILLION ONE HUNDRED NINETY THOUSAND ($ 1,190,000) DOLLARS in bonds of the County to finance the cost of Phase 1 Infrastructure Improvements related to the Heritage Homes Affordable Housing Development in the City of New Rochelle

But there are three candidates for the common council who have also pledged to vote against anything that would support the proposed Mohawk Valley Health System hospital in that location, such as bonding for the facility's parking garage that Utica and Oneida County are planning to finance.

CORRECTION In the January 19 issue, in the article «Legislators Ask for $ 80 Million Deficit Bond...» the Rockland County Times incorrectly reported that Al Samuels, president and CEO of the RBA, said he was planning to call on the state comptroller to install a control board to oversee county finCounty Times incorrectly reported that Al Samuels, president and CEO of the RBA, said he was planning to call on the state comptroller to install a control board to oversee county fincounty finances.

The second item discussed was requesting that New York State allow Rockland County to finance a deficit of $ 95 million with the issuance of a bond.

During construction of the DCJTC and the Law Enforcement Center, the County will utilize Bond Anticipation Notes (BAN), a commonly used financing method for large construction projects that are expected to take several years to construct and will provide long - term operational savings once complete.

He lied; and through county bonds, the mall got its» financing.

The project will take 18 to 20 months to complete and will be financed with a bonded total of almost $ 10 million from the county, one million pledged by the Town of Ramapo and $ 800,000 pledged by the Village of Spring Valley.

Mahoney proposed a $ 49.5 million bond to pay for construction of a concert amphitheater on the shore of Onondaga Lake, part of a $ 99.5 million economic development project to be financed with county and state money.

Notwithstanding the foregoing provisions, but subject to such requirements as the legislature shall impose by general or special law, indebtedness contracted by any county, city, town, village or school district and each portion thereof from time to time contracted for any object or purpose for which indebtedness may be contracted may also be financed by sinking fund bonds with a maximum maturity of fifty years, which shall be redeemed through annual contributions to sinking funds established by such county, city, town, village or school district, provided, however, that each such annual contribution shall be at least equal to the amount required, if any, to enable the sinking fund to redeem, on the date of the contribution, the same amount of such indebtedness as would have been paid and then be payable if such indebtedness had been financed entirely by the issuance of serial bonds, except, if an issue of sinking fund bonds is combined for sale with an issue of serial bonds, for the same object or purpose, then the amount of each annual sinking fund contribution shall be at least equal to the amount required, if any, to enable the sinking fund to redeem, on the date of each such annual contribution, (i) the amount which would be required to be paid annually if such indebtedness had been issued entirely as serial bonds, less (ii) the amount of indebtedness, if any, to be paid during such year on the portion of such indebtedness actually issued as serial bonds.

In 2009, Oneida County was the first municipality in New York State to issue Build America Bonds (BAB's) and Recovery Zone Economic Development Bonds (RZEDB's) to finance infrastructure projects.

Westchester County, the New York suburb where household income is 53 percent above the U.S. average, wants to use its top credit rating to sell taxable bonds to finance pension contributions and avoid increasing the highest taxes in the country... It faces a $ 54 million payment to the state retirement plan in 2011, $ 78 million in 2012 and $ 163 million in 2015, said County Executive Robert Astorino, who's working to close a $ 166 million budget gap next year.

Buffalo, NY — The Erie County Industrial Development Agency's Board of Directors approved incentives for two projects Wednesday, and agreed to refinance bonds for the Joint Schools Construction Board, saving the Buffalo School District nearly $ 30 million in financing costs.

WHITE PLAINS, NY — County Executive Robert P. Astorino has announced that Westchester's Local Development Corporation (LDC) has approved $ 8.15 million in low - cost bond financing for Cardinal McCloskey Community Services, Inc..

In preparation for the County's forthcoming bond sale to finance its 2014 capital projects including road and bridge construction, Fitch conducted an analysis of the County's credit rating.

In the January 19 issue, in the article «Legislators Ask for $ 80 Million Deficit Bond...» the Rockland County Times incorrectly reported that Al Samuels, president and CEO of the RBA, said he was planning to call on the state comptroller to install a control board to oversee county finCounty Times incorrectly reported that Al Samuels, president and CEO of the RBA, said he was planning to call on the state comptroller to install a control board to oversee county fincounty finances.

In the article in Rockland Voice to which Chairman Wolfe took umbrage it was written: The Democratic Chairman of the County Legislature Alden Wolfe appears to be playing political games over an $ 11 million premium that the County earned of its deficit financing bond.

Lease payments over the years were enough to pay off the $ 3.6 million in bonds that were sold by Carnegie Redevelopment Corp. to finance the renovations, said William Fisher, Onondaga County deputy county execCounty deputy county execcounty executive.

Learn everything you need to know about why you should vote yes on Santa Cruz County Measure S for Santa Cruz Libraries Facilities Financing Authority school improvement bonds.

Hunter Shaheen, energy specialist for the Iron County School District, said the bonds for the financing have been purchased by State Bank of Southern Utah.

Under North Carolina's state constitution and school finance laws, it is the state's responsibility to pay for instructional expenses (including personnel) while county governments pay for capital expenses (buildings and maintenance) unless there are statewide bond referendums or other state solutions.

Under North Carolina's state constitution and school finance laws, it is the state's responsibility to pay for instructional expenses (including personnel) while county governments generally pay for capital expenses (buildings and maintenance) unless there are statewide bond referendums or other state solutions.

For example, a county wanting to build a new school may issue bonds to finance the construction and then pay the cost over time.

Seminole County commissioners agreed Tuesday to issue $ 20 million in bonds as part of their long - term strategy for financing road construction.Because most of the money will be used to pay off a high - interest 1980 bond issue, only $ 7 million to $ 8.6 million in new money will be available, said County Administrator Ken Hooper.

Once a TAD is approved, counties and municipalities may issue bonds to finance infrastructure and other development costs within that district.

Yet last summer, when Ocean County wanted to sell $ 31 million in bonds maturing over 20 years, neither of its two rating companies, Moody's Investors Service or S&P Global Ratings, asked any questions about the expected effect of climate change on its finances.