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City of Minneapolis MinnesotaConduit Bonds Policy Adopted: November 18, 2016, by the Minneapolis City Council and the Minneapolis Community Development Agency Board of CommissionersTable of Contents. II. III. IV. V. VI. VII. VIII. IX. X. XI. XII. XIII. XIV. XV.
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Conduit bonds policy is a type of bond issued by a municipality or governmental entity on behalf of a private entity for the purpose of financing a project.
The private entity that is benefiting from the financing through conduit bonds is required to file the policy.
The private entity must provide detailed information about the project being financed, the terms of the bond issuance, and any required financial documentation.
The purpose of conduit bonds policy is to ensure that the private entity complies with the terms of the bond issuance and uses the financing for the intended project.
The policy must include details about the project, the financing terms, the private entity's financial status, and any other relevant information.
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