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This document details the direction and consent of bondholders for the bifurcation and exchange of Concorde Estates Community Development District\'s Capital Improvement Revenue Refunding Bonds Series 2011B into new Series 2017B Bonds, including changes to maturity dates, principal amounts, and associated assessment procedures. It outlines the financial transactions and legal framework for these adjustments, including the management of delinquent land assessments and trustee responsibilities.
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What is bondholder direction and consent?
Bondholder direction and consent refers to the formal agreement and instructions provided by bondholders regarding specific actions related to their bonds, such as approvals for amendments or other significant decisions affecting the bond terms.
Who is required to file bondholder direction and consent?
Typically, the bond issuer or the trustee representing bondholders is required to file bondholder direction and consent.
How to fill out bondholder direction and consent?
To fill out bondholder direction and consent, complete the required sections detailing the bondholders' decisions and signatures, ensuring all necessary information is accurate and verifiable.
What is the purpose of bondholder direction and consent?
The purpose of bondholder direction and consent is to formally document the bondholders’ approval for specific actions or changes concerning the bonds to ensure compliance with legal and contractual requirements.
What information must be reported on bondholder direction and consent?
The information that must be reported includes the identity of the bondholders, the details of the bond issue, the specific action consented to, and the signatures of the bondholders or their representatives.
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