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DRAFT 8/31/10
AN ORDER BY THE COMMISSIONERS COURT OF NUECES COUNTY,
TEXAS AUTHORIZING THE ISSUANCE OF ?NUECES COUNTY,
TEXAS GENERAL OBLIGATION REFUNDING BONDS, SERIES 2010?,
LEVYING AN ANNUAL AD VALOR
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What is order authorizing refunding bonds?
An order authorizing refunding bonds is a legal document that allows the issuer to issue new bonds to pay off existing bonds and achieve a lower interest rate or better terms.
Who is required to file order authorizing refunding bonds?
The issuer of the bonds is required to file an order authorizing refunding bonds.
How to fill out order authorizing refunding bonds?
To fill out an order authorizing refunding bonds, the issuer needs to provide information such as the bond issue details, the purpose of refunding, the principal amount, the interest rate, and any necessary authorizations or approvals.
What is the purpose of order authorizing refunding bonds?
The purpose of an order authorizing refunding bonds is to allow the issuer to refinance existing bonds at more favorable terms, such as lower interest rates or extended maturity dates.
What information must be reported on order authorizing refunding bonds?
The information that must be reported on an order authorizing refunding bonds includes the details of the original bond issue, the reasons for refunding, the principal amount, the proposed refunding terms, and any necessary authorizations or approvals.
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