Sentences with phrase «city bond issue»

In early 1934 Ankeny was succeeded by Lloyd LePage Rollins, under whom a $ 500,000 city bond issue was passed to build a new museum in Fair Park.

Elon Musk is in a better position in that presently he can dilute issue shares of Tesla to finance matters, as well as buy 80 % of the Solar City bond issue.

Not exact matches

For example, the American Museum of Natural History issued some $ 78 million in bonds through the Trust for Cultural Resources in New York City.

Those payments cover both the loan payment to the state and 90 percent of the annual debt service on bonds the city issued to build the arena, city Finance Director Todd Hurley said.

During the Renaissance in the 12th and 13th centuries, Venice and other city — states in Italy began issuing bonds as a way to raise money for wars and other ventures.

States, cities and local governments issue municipal bonds.

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.

States and municipalities (cities or towns with a local government) issue municipal bonds, adorably nicknamed «munis.»

She served on the Board of Education for a year under former Mayor Eugene Sawyer, and under Daley, oversaw the city Law Department division responsible for financial aspects of tax increment financing and bond issues.

Saldana is a banker with Ramirez & Co., Inc., an invest firm that underwrote more than $ 2 billion in city and Board of Education bond issues last year.

WOODSTOCK — Less than 15 minutes after voting to hold an April referendum on a $ 3.9 million bond issue for recreation, the Woodstock city council debated a proposal to reorganize the parks and recreation department as an independent park district.

And Wood Dale wants to issue an additional $ 2.9 million in bonds to repair and expand its City Hall and police station, which suffered extensive fire damage in December.

In 2002, the Joliet Park District issued $ 2 million in bonds to pay its part in a deal with the city to build the Splash Station Waterpark.

To act with the scale of ambition required, the independent Early Intervention Foundation will work with the city to issue bonds: # 100 million in the first instance, with larger offers to institutional investors to follow.

The Common Council voted to issue a $ 625,000 bond that will go to the city of Albany for settlement with Ivy's family.

While the city's bond rating was downgraded to A +, the third - highest grade issued by S&P Global Ratings, last year, the agency improved the city's outlook to «stable» due to the city increasing non-property tax revenues, decreasing discretionary spending and securing $ 12.5 million from the state that wasn't an advance on payments the state owes the city for the Empire State Plaza.

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.

By Sean Ryan A state law change that lets counties issue bonds for construction is letting developers sidestep rules tied to city of Milwaukee project support.

City officials said they chose not to issue the bonds because the revenue from the market - rate apartments in the project is expected to finance the affordable housing units.

The city is expected to issue bonds, backed by the Savarino payments,

The comptroller is responsible for auditing the performance and finances of city agencies, making recommendations regarding proposed contracts, issuing reports on the state of the city economy, marketing and selling municipal bonds, and managing city debt.

Meanwhile, the city «saved» nearly $ 1 billion because it had overestimated how much it would have to spend for expenses like supplies and materials, the cost of borrowing for bond issues and fuel and energy costs.

Funds for the project, which sits on formerly city - owned property conveyed to the Girls Club by the city Department of Housing Preservation and Development, came from $ 25 million in bonds issued by the city Housing Development Corporation.

Congel's only payments to the city will be the balance he owes on a $ 60 million project fee he has to pay to the Syracuse Industrial Development Agency for issuing bonds on the project.

DiNapoli's office recommended more review and examination practices concerning issuing new bonds before previous bonding has been used, and to audit and evaluate the city's fund balance to ensure they are properly reported and supported.

The city's Industrial Development Agency issued $ 237 million in tax - exempt construction bonds to the owner, Bronx Parking Development, in 2007, but revenues have been far lower than expected since the stadium opened as fans have sought cheaper parking elsewhere or opted to take the train to games.

Topics in the Q&A included the source of money for the City's planned pre-K advertising campaign, the City's target number of pre-K applicants, whether Speaker Silver thinks the proposed income tax surcharge should be pursued next year, how the pre-K selection process will work, how the City will cover the approximately $ 40 million annual gap between the estimated cost of pre-K and the amount provided in the state budget, when parents will learn whether their pre-K application has been accepted, how the City will collect data and measure success of the pre-K program, whether the existing pre-K application process will be changed, how the City will use money from the anticipated school bond issue, the mayor's reaction to a 2nd Circuit ruling that City may bar religious groups from renting after - hours space in public schools, the status on a proposed restaurant in Union Square, a tax break included in the state budget that provides millions of dollars to a Bronx condominium project, the «shop & frisk» meeting today between the Rev. Al Sharpton and Police Commissioner Bratton and a pending HPD case against a Brooklyn landlord.

In a report issued Monday, Moody's Investors Service maintained its A1 rating for the city's municipal bonds.

Skahen said the county initially agreed to pay all of the rent for the office because the city at the time did not have its own local development corporation to raise money by issuing bonds for nonprofit groups.

The highlights include a potential 4.9 percent property tax increase next year — dependent upon Read's ability to find $ 650,000 in administrative cuts — and an anticipated $ 792,811 arbitration payout, with an attached $ 41,000 bond issue payment, for the Plattsburgh City Fire Department this year.

With the city's tax base wiped out by the hurricane, New Orleans could no longer count on local funding for schools, nor would the tax revenue be available to back a pre-Katrina approved bond issue.

The Project for Deeper Understanding on Tuesday hosted a forum on the Park City School Bond — hearing from both sides of the issue.

In 2012, city voters approved a $ 119 million bond issue by a 2 - to - 1 margin.

As part of an on - going series of community forums, The Project for Deeper Understanding and KPCW partnered to bring the discussion on the Park City School District School Bond issue.

The Park City School District last year brought in nearly 40 new employees and adjusted teacher salaries with an across - the - board increase of $ 7,000, resulting in a budget spike of about $ 3.4 million for this year, which was discussed at Tuesday's school board meeting, along with master planning and potential bond issues.

The City of Palm Bay issued the $ 21 million bonds, and loaned the proceeds to Patriot Charter School LLC, a subsidiary of Charter Schools USA.

The New York City Economic Development Corporation had never been in the business of issuing tax exempt bonds for charter schools, but starting with the Bronx Charter School for Excellence and another school that was seeking funding at the same time, the public economic development entity became a major charter school funder in New York.

After months of debate about the $ 56 million Park City School District bond, residents this week at last got to see representatives from the two sides of the issue spar in a true back - and - forth discussion.

Municipal bonds are bonds issued by states, cities, and counties for funds to build public projects.

Income from bonds issued by state, city, and local governments (municipal bonds, or munis) is generally free from federal taxes.

* Review focused on bonds issued by and are the general obligation of counties and cities.

Municipal bonds are debt securities issued by cities or states.

The Muni Composite 5 Year AAA Bond Rate is an average of municipal AAA bonds issued by state, county or city governments.

Municipal bonds are issued by states, cities, and counties to fund capital projects, such as building roads, schools, and hospitals.

Muni bond funds invest in debt issued by cities and other municipalities.

In the same way, companies, states, and cities issue bonds to finance their own operations.

Bonds issued by cities, states, and other local government entities to build schools, highways, and many other projects for the public good.

the area or activities to which the funds raised from a municipal bond issue will be directed and, in turn, the source of future bond interest payments and principal repayment; for general obligation bonds, funds raised may be for general purposes, both operating and infrastructure, and payments are secured by the general taxing power of the issuer — usually a state, town, or city; revenue bonds are categorized under terms such as «Utilities» or «Transportation»

Entities like corporations, cities and governments issue bonds and promise to pay it back with interest payments, generating a regular stream of income.

Municipal bonds are IOU's issued by any municipal organization, including cities, counties, states, and school districts.