Get the free FIRST CLASS CITY REVENUE BOND ACT, THE Cl. 11 Act of Oct ... - columbiasc

ORDINANCE NO.: 2010-114 AUTHORIZING THE ISSUANCE AND SALE BY THE CITY OF COLUMBIA, SOUTH CAROLINA, OF It's NOT EXCEEDING $11,500,000 GENERAL OBLIGATION REFUNDING BONDS, IN ONE OR MORE SERIES, FOR

WITH ALL FUNDS APPROPRIATED FROM THE GENERAL OBLIGATION FUND FOR THE PURPOSE OF THE REFUNDABLE CAPITAL OUTLETS; AND PROVIDING FOR CERTAIN EXPENSES DUE AFTER PAYING THE REFUNDABLE CAPITAL OUTLETS. WITH THE PROVISIONS OF RULE ISSUED UNDER RESP, THE CITY AGREES TO GIVE UP ITS RIGHT TO GIVE OR SELL THE CONDITIONALLY RETURNED GENERAL OBLIGATION BONDS, AND RESTRICTED GENERAL OBLIGATION BONDS, FOR A TERM OF ONE YEAR AT THE END OF WHICH TIME THE CITY AGREES TO HAVE ALL MONEY RECEIVED FROM OR HAVING PAID INTO THE GENERAL OBLIGATION FUND AND SHALL NOT RE-RELEASE THESE FUNDS UNTIL SUCCESSFUL PAYMENT OF THE REFUND, PROVIDED THAT THE AMOUNT OF REFUNDED GENERAL FUND MONEY DUE FROM SUCH PAYMENT SHALL BE DETERMINED BY THE GENERAL OBLIGATION BONDS PURCHASE PRICE. THE CITY MAY EXCEED THESE CONDITIONS FOR CERTAIN CAPITAL PROJECTS AND THE COUNTING OF REFUNDED GENERAL FUND MONEY DUE FROM SUCH PAYMENT SHALL BE DETERMINED BY THE COUNTING PRICE OF THE REFUNDED GENERAL FUND ON TERMS GIVEN HEREIN. IN THE EVENT THE CITY ATTEMPTS TO EXCEED THESE CONDITIONS, THE DEBTS WOULD BE DOUBLED AND THE MAXIMUM AMOUNT OF THE REFUND IS A MULTIPLE INCOME FORCE. IN THE EVENT THE COUNTING PRICE OF THE REFUNDED GENERAL OBLIGE- MEETS PROVIDES FEE BASED ON RECEIVED INCOME, THE COUNTING PRICE SHALL BE DETERMINED ON A FACTOR BY FACTOR BASED ON ALL INCOME FORCE.

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What is first class city revenue?

First class city revenue refers to the income or funds generated by a city that has been classified as a first class city based on its population, economic significance, or other criteria.

Who is required to file first class city revenue?

The exact requirement for filing first class city revenue may vary depending on the specific jurisdiction and its laws or regulations. Generally, it is the responsibility of the municipal government or city administration to report and file the revenue information for a first class city. However, it is advisable to consult the relevant local authorities or seek professional advice for accurate and up-to-date information.

How to fill out first class city revenue?

The process of filling out first class city revenue forms or reports depends on the requirements of the specific jurisdiction. Typically, the city administration or finance department will provide instructions and templates for reporting revenue. This may involve providing details of various revenue sources such as taxes, fees, grants, or other income. It is important to accurately report and document all relevant revenue information as per the guidelines provided by the local authorities.

What is the purpose of first class city revenue?

The purpose of first class city revenue is to support the functioning and development of the city. The revenue generated is used to fund various municipal services, infrastructure projects, public welfare programs, and administrative expenses. It plays a crucial role in maintaining and improving the quality of life for residents, promoting economic growth, and ensuring the efficient operation of the city government.

What information must be reported on first class city revenue?

The specific information that must be reported on first class city revenue can vary depending on the jurisdiction and local regulations. However, common components may include details of revenue sources, such as taxes, fees, grants, or other income streams. Additionally, it may require reporting on expenditures, budgets, financial statements, and any other relevant financial or accounting information as per the guidelines provided by the local authorities.

When is the deadline to file first class city revenue in 2023?

The deadline to file first class city revenue in 2023 may vary depending on the specific jurisdiction. It is advisable to consult the relevant local authorities, city administration, or finance department to obtain accurate and up-to-date information regarding the deadline for filing first class city revenue in 2023.

What is the penalty for the late filing of first class city revenue?

The penalty for the late filing of first class city revenue can vary depending on the specific jurisdiction and its laws or regulations. Typically, there may be financial penalties, fines, or other consequences for not meeting the filing deadline. It is advisable to consult the relevant local authorities or seek professional advice for accurate and up-to-date information regarding the penalty for the late filing of first class city revenue.

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