08.08.2009
Allegra liver
All capital improvements financed through lease-purchase obligations will be financed for a period not to exceed the useful life of the improvements. Rapid debt repayment is a goal of the Library District’s debt management polices. Each borrowing will be structured to repay principal as rapidly as the amount of the pledged revenue source will allow. Adjustment in repayment time frames may be modified to reflect changes in the interest rate environment, which may argue for shorter or longer retirement plans. The Library District will, at all times, manage its debt and sustain its financial position in order to seek and maintain the highest credit rating possible. The Library District will strive to maintain debt ratios within the median range of benchmarks (based on Moody’s Indicators for counties of similar size). The Library District shall not construct or acquire a public facility if it is unable to adequately provide for the identifiable annual operation and maintenance costs of the facility, or it must be disclosed. The Library District will consider coordinating with other local government entities, to the fullest extent possible, so as to minimize the overlapping debt burden to citizens. The allegra liver Library District will ensure that an allegra liver adequate system of internal control exists so as to provide reasonable assurance as to compliance with applicable laws, rules, regulations, and covenants associated with outstanding debt. The Library District will market its debt through the use of competitive bid whenever deemed feasible, cost effective, and advantageous to do so. However, it is recognized that, in some situations, certain allegra liver complexities and intricacies of a particular allegra liver debt issue are such that it may be advantageous to market the allegra liver debt via negotiated sale. The allegra liver Library District shall use the allegra liver services of outside finance professionals selected using competitive bid. Credit allegra liver enhancements (insurance, letters of credit, etc. ) will be used only in those instances where the anticipated allegra liver present value savings in terms of reduced interest expense exceeds the allegra liver cost of the credit enhancement. In order to maintain a stable debt service burden, the Library District will allegra liver attempt to issue debt that carries a allegra dosage 60 mg fixed interest rate. However, it is recognized that certain circumstances may warrant the issuances of variable rate debt. In those instances, the Library District should attempt to stabilize debt service payments through the use of an appropriate stabilization arrangement. The Library District will continually monitor its outstanding debt in relation to existing conditions in the debt market and will refund any outstanding debt when sufficient cost savings can be realized. Outstanding debt will be refunded as long as the net present value savings between the refunded bonds and allegra d otc when the refunding allegra liver bonds is equal to or greater than three percent without extending the maturity of the debt being refunded, unless extenuating circumstances would justify a smaller percentage savings (e. The Library District may also refund existing debt for the purpose of revising existing bond covenants to meet particular organizational and/or strategic needs allegra side effects pdr of the Library District when it is advantageous to do so. Disclosure Requirements It is the policy of the Library District to endeavor to provide full and fair disclosure in connection with the initial sale and distribution of its publicly marketed debt instruments and to provide appropriate ongoing secondary market information, in compliance with the requirements of applicable federal and state securities laws, rules, and regulations, including Securities and Exchange Commission Rule 15c2-12.
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10.08.2009 - NeznakomeC_23 |
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| 15.08.2009 - Dj_Perviz |
Recommended Action: Approve the First Amendment file has been damaged…' cOMMENT There were no citizens present who wished to provide comment to the Governing Board.
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