Sentences with phrase «issuing general obligation»

CRETE — As part of his campaign against issuing general obligation bonds without voter approval, Crete resident Richard Blievernicht spoke out against two bond proposals at recent local public hearings.

Sportsplex would take on the bulk of the construction cost - about $ 5.5 million - and the Park District would issue general obligation bonds to finance the remainder.

The village would issue general obligation bonds and turn over the funds to the Park District, while the school district would repay the village for the cost of the park.

a type of municipal bond backed by the full faith, credit, and taxing power of the issuer, specifically its ability to collect taxes; only entities that have the right to levy and collect taxes can issue general obligation bonds; certain governmental entities are subject to legal limits on the amount of taxes that they can impose, and their issues are called limited - tax general obligation bonds; unlimited - tax bonds are issued by government entities that are not subject to those limits

Not exact matches

They decided to focus on selecting bonds issued by the government of Puerto Rico and its public corporations, which could include infrastructure bonds backed by alcohol taxes and general obligation bonds.

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 generations.

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.

General obligation bonds issued by local units of government are secured by a pledge of the issuer's property taxing power and must be authorized by the electorate.

Commissioners also are considering approving the issuing of a $ 550,000 general obligation bond to help pay for buying and remodeling Park Central, the district's headquarters and banquet facility at 3000 Central Rd.

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 Park District issued $ 17.7 million in general obligation bonds in spring 1999 to pay for construction of the facility.

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.

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.

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.

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.

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 %.

The board last week also approved issuing $ 580,000 in general obligation bonds.

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.

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 village plans to issue $ 1.5 million in general obligation bonds for infrastructure improvements within the tax - increment financing redevelopment area and for development.

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.

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 Medinah Park District has authorized its attorney to draft an ordinance for a $ 530,000 general obligation bond issue to fund miscellaneous park projects that officials say are necessities.

SCHAUMBURG — The Schaumburg Park District Board of Commissioners unanimously approved a $ 1.75 million general obligation limited tax bond issue Thursday night.

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.

2.45 pm Update: Dominic Grieve, the Attorney General, has said that if necessary he will issue a notice to remind the media of their obligation to coverage the murder inquiry fairly.

In a response dated March 4, Assistant Attorney General Colleen D. Galligan said sanctions on Liebman — who retired last summer — were inappropriate since he's not a defendant in the suit «and had no obligation to maintain the emails at issue at the time that they were lost.»

Moody's rating was attributed to the county's «outstanding general obligation debt» which led to its removal of the negative outlook it issued in 2016.

Thirty - four states have conduit bond - issuing agencies, but only a few have made the state's credit (either general obligation or moral obligation) available to charters.

Interestingly enough, regarding climate change, there are efforts to have a resolution passed in the UN General Assembly that would ask the ICJ for an advisory opinion that would define states» obligations and responsibilities with respect to greenhouse emissions under international law (see policy brief issued by The Hague Institute for Global Justice).

Craig Evans, general manager of the UK Asbestos Training Association, explains the problems surrounding the issue of asbestos in schools, identification and legal obligation

Some bond investors consider general obligation (GO) munis to be safer than revenue bonds because GOs are backed by the full taxing power and creditworthiness of the government entity issuing them.

They are general obligation issues, and are repaid from property taxes.

They were already at their maximum level of what they could expect given assumed growth in the property tax base, so what could they do if they wanted to issue more general obligation debt without raising the tax rate?

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

Municipalities may also issue unsecured bonds, or general obligation bonds, backed by the municipality's taxing power.

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»

With general obligation bonds, the government entity that issues the bonds puts their «full faith and credit» behind the bonds.

General obligation bonds, issued to raise immediate capital to cover expenses, are supported by the taxing power of the issuer.

Unsecured debt obligation, issued against the general credit of a corporation, rather than against a specific asset.

The other is the general obligation bond, which is backed by the credit of the issuing jurisdiction, rather than the revenue from a specific project.

The Fund primarily purchases general obligation and pre-refunded bonds issued for any purpose as well as certain revenue bonds.

Recent evidence suggests that states that have included a general obligation for the public service board (PSB) to consider environmental matters when issuing a regulatory ruling may be slowing greenhouse gas emissions.

To date, 16 states have adopted a general obligation for the PSB to consider environmental matters when issuing a regulatory ruling.

Moreover, given that the Rules of Professional Conduct include specific language government lawyer's obligations vis - a-vis equity issues (in the commentary to Section 2.1, section 6.3.1, to name the obvious ones), it's inappropriate to try to interpret a general provision in a manner which renders nugatory the express provisions of the Rules.

It is not through the invocation of a substantive electoral right contained in the Treaties that Member States are restricting that the issue falls within Union law — rather it is an implicit obligation contained in Article 14 (3) TEU as reflected in the 1976 Act that elections be universal and direct; it is a general obligation placed on Member States to ensure the democratic integrity of EP elections that catches electoral law and subjects it to review under the Charter.

The general issue of mitigation, that is, the obligation to look for alternative employment following termination of employment has been reviewed in a prior post.

There are also probably some «local rules» in each court addressing issues such as the mailing address and operating hours of the court, the way that hearing dates are scheduled, the process by which motions are considered, the duty if any of parties to confer with each other or engaged in ADR, mandatory pre-trial disclosure obligations, civil cover sheets for new cases, standard deadlines to finish tasks that don't have deadlines in the general application civil rules, preferred forms for certain kinds of motions and orders such as entries of appearance, etc..

«As you might imagine, when the general concept was presented, I got very nervous because it's a sensitive thing to execute,» Dudukovich says, ticking off potential problems: fraud, ethical conduct issues, code of business obligations.

In the present case, since it is apparent from paragraphs 29 and 30 above that neither Directive 2004/17 nor its underlying general principles impose on Member States a specific obligation to lay down provisions requiring the contracting entity to grant its contractual partner an upwards price review after the award of a contract, the provisions of Legislative Decree No 163/2006 at issue in the main proceedings, in so far as they do not provide for periodic price review within the sectors covered by that directive, do not have any connection with that directive and can not, therefore, be regarded as implementing EU law (C - 152 / 17, paras 33 - 35, references omitted and emphases added).