Record Details

Policy Title:

Revenue Bonds; Debt Service Coverage; Payment of Utilities

Policy Number:

9005

Summary:

This policy requires the Board of Trustees to adopt and revise from time to time rentals, rates, fees, and charges with respect to the revenue bond facilities so that the net revenues equal at least the coverage ratio required by the indenture for the principal and interest due on the bonds for that fiscal year.

File Name: Policy_9005.pdf
File Size: 8,290 KB