Sentences with phrase «in general obligation»

«As the state official who will issue and sign up to $ 175 million in general obligation bonds to finance the project, I want to feel comfortable that building the factory will proceed as the Legislature intended, and the Nevada taxpayer is protected.»
Already eligible for the ballot is the «Kindergarten Through Community College Public Education Facilities Bond Act of 2016,» which would authorize $ 9 billion in general obligation bonds, including $ 3 billion for new construction and $ 3 billion for modernization of K - 12 public school facilities, $ 1 billion for charter schools and vocational education facilities and $ 2 billion for California Community Colleges facilities.
HOFFMAN ESTATES — The Hoffman Estates Park District Board this week approved a land donation agreement with Sears, Roebuck and Co. and the issuance of $ 17.7 million in general obligation bonds for its proposed community recreational center in the Prairie Stone business park.
BARRINGTON — The Barrington Park District will decide Nov. 5 whether to issue $ 300,000 in general obligation bonds to help pay for a renovation of the district's pool complex.
ROLLING MEADOWS — The Rolling Meadows Park District Board voted Tuesday night to issue $ 425,000 in general obligation bonds to raise funds that officials said would help restructure a loan and buy equipment.
The district has a right to sell about $ 200,000 in general obligation bonds without seeking voter approval, district officials said.
DES PLAINES — The Des Plaines Park District Board voted this week to issue $ 4.9 million in general obligation bonds to build a 37 - acre park that will include an 18 - hole miniature golf course, soccer fields, walking and jogging paths and a playground.
The village plans to issue $ 1.5 million in general obligation bonds for infrastructure improvements within the tax - increment financing redevelopment area and for development.
ST. CHARLES — The St. Charles Park District Board has voted to seek bids from financial institutions for the issuance of $ 2.17 million in general obligation bonds and to borrow an additional $ 1.2 million in an installment loan.
ELMHURST — The Elmhurst Park District board on Monday authorized issuing $ 975,000 in general obligation bonds for improvements, including repair of a ceiling in the Courts, its health facility on West Avenue.
The Crete Park District plans to issue $ 300,000 in general obligation bonds to fund recreational projects, including a second phase of a rails - to - trails bike path.
The board last week also approved issuing $ 580,000 in general obligation bonds.
We have to do something or we could be in for some real problems,» said Jack Ashenfelter, superintendent of Northwest Suburban High School District 214 in Arlington Heights, which approved selling $ 20 million in general obligation bonds, doubling the district's cash reserves.
In December of 1972 the vote went against the Park District's referendum to issue $ 2,550,000 in general obligation bonds for park improvement and development including the construction of a fieldhouse at Dryden Park, land acquisition, the construction of a north side maintenance garage, and the construction of an indoor ice rink complex along with increasing the corporate tax rate by.025 %.
HOFFMAN ESTATES — The Hoffman Estates Park District Board on Tuesday night voted unanimously to issue $ 17.7 million in general obligation bonds for the design and construction of the Prairie Stone Community Center.
The first question asks whether the district should issue $ 8 million in general obligation bonds to purchase the parcel at 1st Avenue and Three Oaks Road, improve it and build a family aquatic center, which could accommodate 850 to 1,000 swimmers.
In November 2000, the Park District went back to the community and asked for approval to issue $ 15 million in general obligation bonds to replace, construct and improve the swimming pools at Camelot, Frontier, Heritage, and Olympic Parks.
SOUTH BARRINGTON — The South Barrington Park District board voted Wednesday night to issue $ 400,000 in general obligation bonds for future improvements to the South Barrington Fitness Center and Tennis Club.
The Park District issued $ 17.7 million in general obligation bonds in spring 1999 to pay for construction of the facility.
Despite the threat of a Lake in the Hills condemnation lawsuit to buy the Hoffman Farm on Illinois Highway 31, the Cary Park District voted Thursday night to issue $ 12 million in general obligation bonds to finance the acquisition of the farmland.
The state's agreement to pay off Hartford's $ 550 million in general obligation debt has prompted a dramatic upgrade in the city's bond rating and a shift to a stable outlook.

Not exact matches

Although no state has defaulted on general obligation bonds in over 80 years, the 19 th century witnessed numerous instances in which states - and the Florida territory - defaulted on their debts or even repudiated them outright.
Student debt is commonplace enough now that in general, lenders will view it as they do any other debt obligation.
Meanwhile, in Detroit, the city initially classified its general obligation bonds as unsecured debt before settling with creditors for less than 100 cents on the dollar.
In addition to factors previously disclosed in Tesla's and SolarCity's reports filed with the U.S. Securities and Exchange Commission (the «SEC») and those identified elsewhere in this document, the following factors, among others, could cause actual results to differ materially from forward - looking statements and historical performance: the ability to obtain regulatory approvals and meet other closing conditions to the transaction, including requisite approval by Tesla and SolarCity stockholders, on a timely basis or at all; delay in closing the transaction; the ultimate outcome and results of integrating the operations of Tesla and SolarCity and the ultimate ability to realize synergies and other benefits; business disruption following the transaction; the availability and access, in general, of funds to meet debt obligations and to fund ongoing operations and necessary capital expenditures; and the ability to comply with all covenants in the indentures and credit facilities of Tesla and SolarCity, any violation of which, if not cured in a timely manner, could trigger a default of other obligations under cross-default provisionIn addition to factors previously disclosed in Tesla's and SolarCity's reports filed with the U.S. Securities and Exchange Commission (the «SEC») and those identified elsewhere in this document, the following factors, among others, could cause actual results to differ materially from forward - looking statements and historical performance: the ability to obtain regulatory approvals and meet other closing conditions to the transaction, including requisite approval by Tesla and SolarCity stockholders, on a timely basis or at all; delay in closing the transaction; the ultimate outcome and results of integrating the operations of Tesla and SolarCity and the ultimate ability to realize synergies and other benefits; business disruption following the transaction; the availability and access, in general, of funds to meet debt obligations and to fund ongoing operations and necessary capital expenditures; and the ability to comply with all covenants in the indentures and credit facilities of Tesla and SolarCity, any violation of which, if not cured in a timely manner, could trigger a default of other obligations under cross-default provisionin Tesla's and SolarCity's reports filed with the U.S. Securities and Exchange Commission (the «SEC») and those identified elsewhere in this document, the following factors, among others, could cause actual results to differ materially from forward - looking statements and historical performance: the ability to obtain regulatory approvals and meet other closing conditions to the transaction, including requisite approval by Tesla and SolarCity stockholders, on a timely basis or at all; delay in closing the transaction; the ultimate outcome and results of integrating the operations of Tesla and SolarCity and the ultimate ability to realize synergies and other benefits; business disruption following the transaction; the availability and access, in general, of funds to meet debt obligations and to fund ongoing operations and necessary capital expenditures; and the ability to comply with all covenants in the indentures and credit facilities of Tesla and SolarCity, any violation of which, if not cured in a timely manner, could trigger a default of other obligations under cross-default provisionin this document, the following factors, among others, could cause actual results to differ materially from forward - looking statements and historical performance: the ability to obtain regulatory approvals and meet other closing conditions to the transaction, including requisite approval by Tesla and SolarCity stockholders, on a timely basis or at all; delay in closing the transaction; the ultimate outcome and results of integrating the operations of Tesla and SolarCity and the ultimate ability to realize synergies and other benefits; business disruption following the transaction; the availability and access, in general, of funds to meet debt obligations and to fund ongoing operations and necessary capital expenditures; and the ability to comply with all covenants in the indentures and credit facilities of Tesla and SolarCity, any violation of which, if not cured in a timely manner, could trigger a default of other obligations under cross-default provisionin closing the transaction; the ultimate outcome and results of integrating the operations of Tesla and SolarCity and the ultimate ability to realize synergies and other benefits; business disruption following the transaction; the availability and access, in general, of funds to meet debt obligations and to fund ongoing operations and necessary capital expenditures; and the ability to comply with all covenants in the indentures and credit facilities of Tesla and SolarCity, any violation of which, if not cured in a timely manner, could trigger a default of other obligations under cross-default provisionin general, of funds to meet debt obligations and to fund ongoing operations and necessary capital expenditures; and the ability to comply with all covenants in the indentures and credit facilities of Tesla and SolarCity, any violation of which, if not cured in a timely manner, could trigger a default of other obligations under cross-default provisionin the indentures and credit facilities of Tesla and SolarCity, any violation of which, if not cured in a timely manner, could trigger a default of other obligations under cross-default provisionin a timely manner, could trigger a default of other obligations under cross-default provisions.
In his 2012 fall report, the Auditor General raises the issue of «long - term fiscal sustainability» — the government's capacity to finance its activities and debt obligations in the future without imposing an unfair tax burden on future generationIn his 2012 fall report, the Auditor General raises the issue of «long - term fiscal sustainability» — the government's capacity to finance its activities and debt obligations in the future without imposing an unfair tax burden on future generationin the future without imposing an unfair tax burden on future generations.
In February 2014, rating agencies downgraded Puerto Rico's general obligation debt and some related bonds below investment grade, with further downgrades possible.
In general, term life insurance is primarily used to replace your income and cover financial obligations that have a fixed length of time associated with them, such as a mortgage, student loans, or replacing your income while you're earning money.
This will spurt other states from New Jersey to Illinois to ask for Super Chapter 9, and the result would be a disaster for millions of American retirees who are invested in state and local general obligation bonds.
Standard & Poor's cut the island's general obligation bonds to junk in February last year.
In general, carriers describe their moves as efforts to protect the interests of existing customers and to ensure that the companies will be able to continue in business — and to meet obligations to customers — for the long - terIn general, carriers describe their moves as efforts to protect the interests of existing customers and to ensure that the companies will be able to continue in business — and to meet obligations to customers — for the long - terin business — and to meet obligations to customers — for the long - term.
Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.
In Smith, the Court interpreted its First Amendment decisions as holding «that the right of free exercise does not relieve an individual of the obligation to comply with a «valid and neutral law of general applicability on the ground that the law proscribes (or prescribes) conduct that his religion prescribes (or proscribes)»» (id.
Joseph Allen's Love and Conflict: A Covenantal Model of Christian Ethics (Abingdon, 1984) connects God's general covenant with humanity to the specific covenant Christians know in Jesus Christ, and to the particular obligations, duties and rights that have to be worked out in political, economic, personal and ecumenical life.
The first description points to a level of mental functioning in which bodily experience is merely registered without much enhancement of the mental pole in the occasions other than perhaps a general feeling tone; the second points to an habitual form of bodily unity; and only the third suggests a flight from environmental obligations in the interest of greater depth of experience.
Democracy itself is not possible unless the constituted political process is in large or, at least, tolerable measure successful, so that governance fulfills its moral obligations by pursuing justice as general emancipation.
It is a vast society, the widest of all societies, which lays down the obligation on everything which is that it conform to its very general sort of social order; it socializes into its extensive mold all the individuals which arise within it, just as we in our culture «Americanize» all the children born into it.
In the same and in other schools uncertainty about the meaning of the ministry comes to appearance also in the feeling of conflict in a faculty between its loyalty to a traditional idea, such as that of the preacher, and its sense of obligation to denominational officials, alumni and churchmen in general who urge a more «practical» educatioIn the same and in other schools uncertainty about the meaning of the ministry comes to appearance also in the feeling of conflict in a faculty between its loyalty to a traditional idea, such as that of the preacher, and its sense of obligation to denominational officials, alumni and churchmen in general who urge a more «practical» educatioin other schools uncertainty about the meaning of the ministry comes to appearance also in the feeling of conflict in a faculty between its loyalty to a traditional idea, such as that of the preacher, and its sense of obligation to denominational officials, alumni and churchmen in general who urge a more «practical» educatioin the feeling of conflict in a faculty between its loyalty to a traditional idea, such as that of the preacher, and its sense of obligation to denominational officials, alumni and churchmen in general who urge a more «practical» educatioin a faculty between its loyalty to a traditional idea, such as that of the preacher, and its sense of obligation to denominational officials, alumni and churchmen in general who urge a more «practical» educatioin general who urge a more «practical» education.
If, however, he has to think of man in general in that way because it safeguards his own life and is the way in which he can have some hope for himself (which after all is his Christian obligation), then he can not regard the Church as the exclusive band of those who alone are predestined.
There is no evidence that this primitive communism became a general practice, but it is clear that the relief of brothers in need was felt as a Christian obligation.
At this juncture subjectivity was simply understood in terms of the general categoreal obligations, somewhat like Kant's analysis of the Understanding.
Gödel's personal God is under no obligation to behave in a predictable orderly fashion, and Gödel produced what may be the most damaging critique of general relativity.
This standing will, in turn, lead to questions of recognition and application, not only of military law, but of pertinent state laws for marriage or partnership, and the military's legal obligations to provide co-residence, health - care, and other general benefits.
According to Advocate General Bobek, organisms obtained by mutagenesis are, in principle, exempted from the obligations in the Genetically Modified Organisms Directive
We welcome in particular the introduction of EPR general minimum requirements in legislation, which will increase transparency, cost - efficiency, accountability, and enforcement of EPR obligations at national level.
As I rise out of the wrapping paper debris and general holiday craze and settle in to enjoy a few days off (without any big obligations), I decided that I should get back to posting here.
Part 2 of the Code contains general obligations on port terminal service providers to deal in good faith and publish certain information including a daily loading statement.
According to the joint statement, the so - called «high - def TV» Decision played no role in Woods» case and «should not be viewed as a general precedent for relaxing or ignoring a competitor's essential obligation under the Rules to return a correct scorecard.»
Coontz believes that what we're experiencing now, however, is not so much the family's dissolution as «an erosion of commitment to social obligations in general, and to children in particular.»
Moody «s Investors Service Inc. confirmed the double - A rating assigned to Metropolitan Water Reclamation District of Greater Chicago general obligation bonds in connection with the district «s offering of $ 200 million of capital improvement bonds, series of June 1991.
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