To deposit construction amounts from the sale of bond proceeds. The fund is to be applied to any project construction costs, and any issuance cost in excess of amounts available in the cost of issuance fund. To receive the deposit of accrued interest received from the sale of bonds and fund investment earnings. To pay bond debt service obligations. Deposit project acquisition amount from sale of bond proceeds.
Fund is to be applied to project acquisition cost, and a pro rata share of the cost of issuance.
To deposit project construction amounts from the sale of bond proceeds. The fund is to be applied to project construction costs, and a pro rata share of the cost of issuance. To receive the deposit of accrued interest received from the sale of bonds and fund investment earnings. To pay bond debt service obligations. To be used to pay cost of issuance and project cost as defined in the bond resolution.