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F6 STANDING COMMITTEES Finance and Asset Management Committee Approve Resolution to Issue General Revenue Obligations (Bonds) for University Projects and Refunding RECOMMENDED ACTION It is the recommendation
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How to fill out bond amp note resolutions

01
Begin by gathering all necessary information about the bond or note to be issued.
02
Clearly identify the purpose of the bond or note resolution.
03
Specify the amount of the bond or note and the interest rate.
04
Outline the repayment terms, including the schedule and method of payment.
05
Include any covenants or conditions that must be adhered to.
06
Provide a statement of the legal authority under which the bond or note is issued.
07
Review and ensure compliance with applicable laws and regulations.
08
Submit the resolution for review and approval from the appropriate governing body.

Who needs bond amp note resolutions?

01
Government entities seeking to finance public projects.
02
Municipalities in need of funds for infrastructure or development.
03
Corporations looking to raise capital through bond or note issuance.
04
Financial institutions involved in underwriting bonds or notes.
05
Legal advisors drafting financial resolutions for their clients.
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Bond and note resolutions are formal documents that outline the terms and conditions under which bonds or notes are issued by a governmental entity or corporation.
Entities such as state and local governments, as well as certain corporate issuers, are typically required to file bond and note resolutions when they issue debt securities.
Filling out bond and note resolutions typically involves providing details such as the title of the resolution, the purpose of the bond or note issue, terms of the securities, and signatures of authorized officials.
The purpose of bond and note resolutions is to authorize the issuance of debt securities, outline the specific terms of the issue, and ensure compliance with legal requirements.
Information that must be reported includes the amount of the bond or note issue, interest rates, maturity dates, redemption provisions, and the intended use of the funds.
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