Sentences with phrase «obligation bonds for»

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.

Approved for CCSD financial consultants to prepare, price and tentatively market the sale of general obligation bonds for voter - approved SPLOST purposes;

General obligation bonds for the district, including the upcoming offering, total $ 939.39 million, Moody «s added.

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.

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.

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.

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.

Not exact matches

Prices of the riskiest portions of collateralized loan obligations (CLOs) have fallen 50 % as of the end mid-December since mid-year, and are now trading at $ 0.25 for every dollar that investors have put in the structured bonds.

Judge Klein's decision to overlook the disparate treatment accorded pensioners and capital - market creditors disappointed municipal - bond investors, who had hoped for better treatment in the wake of his Oct. 1 decision that pensions deserved no more protection than other contractual obligations.

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 an era when the pension liabilities of local governments remain a concern, investors may want to consider the debt offered by established public enterprises — airports and utilities, for example — as an attractive alternative to lease revenue and pension obligation bonds.

The devastating LDC debt crisis of the 1980s, which began in August 1982 when the Mexican government announced that it was unable to service its obligations to foreign banks, ended only in 1990, when these loans were exchanged for a nominal amount of Brady bonds equal to only 65 % of the original notional amount of outstanding loans.

debt obligations of the U.S. Government with maturities of 10 years or longer; coupon interest for Treasury bonds is exempt from state and local taxes, but is federally taxable; interest income may also be subject to alternative minimum tax

According to the statute's own language, it was designed with the «purpose of reducing the need for future tax increases, maintaining the highest possible bond rating, reducing the need for short term borrowing, providing available resources to meet State obligations whenever casual deficits or failures in revenue occur, and providing the means of addressing budgetary shortfalls.»

The central bank may also look for a way to avoid buying Greek bonds, because of uncertainty whether a new government in the country will honor all the its obligations.

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...

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.

The unit, the chief investment office (CIO), has been the biggest buyer of European mortgage - backed bonds and other complex debt securities such as collateralized loan obligations in all markets for more than three years... The unit made a deliberate move out of safer assets such as US Treasuries in 2009 in an effort to increase returns and diversify investments.»

It's not only that Beijing is telling them to do so, HNA seems to be severely strapped for cash to meet it's huge debt obligations, mostly to local Chinese banks, but also bond holders.

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.

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

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 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.

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.

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.

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.

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.

That very same day, Skelos praised Cuomo's «leadership,» following Moody's announcement that it had raised New York's general obligation bond rating to its highest level since the fiscal crisis of the mid-1970s, lauding the governor for working with the Legislature to move the state «in the right direction.»

State Comptroller Tom DiNapoli says the upgrade from Moody's Investors Service to Aa1 for the state's general obligation bonds is the highest level since the fiscal crisis of the mid-1970s.

For better or worse, James Bond is a ladies» man — Sir Ian Fleming might've made it a contractual obligation that 007 hook up with at least one woman per movie.

If the film were described as a tutorial on MBS (Mortgage - backed Securities), CDO (Collateralized Debt Obligations), Credit Default Swaps, Tranches, Bond Ratings, and Sub-Prime ARMs, most people's eyes would glaze over and they would keep skimming for showtimes of other new movie releases.

A $ 3.4 billion general obligation bond sale last week brought in nearly $ 1 billion for the School Facility Program, officials said Monday.

The provisions of Proposition 39 relating to the expenditure of general obligation bond proceeds for equipping of school facilities have not been interpreted by any court or other legal authority and, to our knowledge, are not pending before any court.

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.

And, while not part of the budget for education, Illinois must also pay down the portion of the state's annual pension obligation bond payments (POBs) allotted to the Teachers» Retirement System, or TRS, which covers all Illinois elementary - and secondary - school teachers outside of Chicago.

(3) Moneys in the REHABILITATION Facilities Insurance Fund not needed for the current operations of the REHABILITATION Services Administration with respect to mortgages insured under this section shall be deposited with the Treasurer of the United States to the credit of such fund, or invested in bonds or other obligations of, or in bonds or other obligations guaranteed as to principal and interest by, the United States.

Each project, at the time of its application for assistance, is required to furnish a preliminary rating opinion letter from one of the bond rating agencies identified by the Securities and Exchange Commission as a «Nationally Recognized Statistical Rating Organization,» indicating that the project's senior debt obligations have the potential to achieve an investment - grade bond rating.

For example, the annual return on long - term US Treasury bonds is likely to be very different from the return reported for high - yield corporate bonds or general obligation (GO) municipal bonFor example, the annual return on long - term US Treasury bonds is likely to be very different from the return reported for high - yield corporate bonds or general obligation (GO) municipal bonfor high - yield corporate bonds or general obligation (GO) municipal bonds.

You might use them to fund a future obligation on a specific date: if you know that you will need your money in 2015 for a down payment, you could buy the RBC Target 2015 ETF instead of putting it in a savings account or buying a four - year bond or GIC.

Bonds refer to debt with a maturity of 10 years or more, while notes are issued for terms of two to seven years and bills cover obligations that are payable in a year or less.

Lipper classifications for the Baird funds are as follows: Ultra Short Bond Fund is Lipper Ultra Short Obligations Funds; Short - Term Bond Fund is Lipper Short Investment Grade Debt Funds; Intermediate Term Bond Fund is Lipper Core Bond Funds; Aggregate Bond Fund is Lipper Core Bond Funds; Core Plus Bond Fund is Lipper Core Plus Bond Funds; Short - Term Municipal Bond Fund is Lipper Short Municipal Debt Funds; Quality Intermediate Municipal Bond Fund is Lipper Intermediate Municipal Debt Funds; Core Intermediate Municipal Bond Fund is Lipper Intermediate Municipal Debt Funds.

(iii) For the purposes of this section, «government bond» means any United States bond, treasury note, or other public debt obligation of the United States that is unconditionally guaranteed as to both interest and principal by the United States.

A collateralized debt obligation is named for the pooled assets — such as mortgages, bonds and loans — that are essentially debt obligations that serve as collateral for the CDO.

the dollar amount of all interest earned on government and corporate debt obligations and short - term certificates of deposit, as well as interest earned from cash in a brokerage account; for bond ladders it represents the estimated annual income that will be received from the securities that make up the rung; the income is calculated by multiplying the coupon rate by the quantity of bonds (face value)

debt obligations of the U.S. Government with maturities of 10 years or longer; coupon interest for Treasury bonds is exempt from state and local taxes, but is federally taxable; interest income may also be subject to alternative minimum tax

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»

A surety bond, which is also known as a performance bond, is issued for businesses and ensures that any obligation made to a third - party is fulfilled or said party will recover whatever is lost.

Table 1 compares yields of general obligation municipal bonds (the safest munis) to Treasuries listed for December 12, 2008.

For instance, coupon payments for muni bonds sold to fund those activities are federally taxed, with one common example is a bond issued to fund a state's pension plan obligatiFor instance, coupon payments for muni bonds sold to fund those activities are federally taxed, with one common example is a bond issued to fund a state's pension plan obligatifor muni bonds sold to fund those activities are federally taxed, with one common example is a bond issued to fund a state's pension plan obligation.