Residents claim the sinking fund
is short of pounds 232,000 because of mistakes in Anchor Trust's management.
85% base rate, as of the first sinking fund
date by the amounts indicated and remain at the new rate for the life of the issue.
The GO notes issued by the participating districts to the authority benefit from the provisions of Section 633 of Pennsylvania's Public School Code, as amended by Act 154 of 1998 and in concert with provisions detailed in an interagency memorandum of agreement, which states that the commonwealth's Secretary of Education shall intercept any state appropriations due to the district and direct them to the paying agent upon a missed sinking fund
Each scenario incorporated a sinking fund
for asset replacement.
Many issuers stay well ahead of their sinking fund
A Notice of Redemption will be mailed no later than July 27, 2001 to holders whose bonds have been selected for sinking fund
A Notice of Redemption will be mailed no later than July 26, 2000, to holders whose bonds have been selected for sinking fund
If the city had to levy an interest and sinking fund
tax to meet detention center related debt obligations, officials estimate that the overall tax rate would have to double over the current operations and maintenance tax rate, which Fitch believes would be extremely difficult to impose.
Payment of the sinking fund
redemption price will be made on August 2, 1999 to the holders of the $6.
The SCRF requirement is defined as the lesser of the sum of the SCRF requirements for all bonds outstanding, or the maximum amount of principal and interest becoming due on the outstanding debt by reason of maturity or a required sinking fund
payment in any given year.
Nasdaq: RLLY) announced today that the company has fulfilled its June 15, 1999 bond sinking fund
requirements, with respect to the 9-7/8% Senior Notes due June 15, 2000.
The bonds are term bonds with mandatory sinking fund
payments June 1, 2007-2015 with semi-annual interest payments due Dec.