§ 3.11.040. Types of Debt.  


Latest version.
  • Revenue Bonds, Notes, Certificates of Participation, special tax or special assessment bonds, capital leases, commercial paper, bank loans or government-sponsored loans, direct placements and lease-purchase financings will be treated as debt and subject to these same policies. There may be special circumstances where other forms of financing are appropriately utilized by the District. The District will evaluate such proposed transactions on a case-by-case basis. Such other forms include, but are not limited to, grant anticipation notes and judgment or settlement obligations bonds.

( Policy No. 8.5, 10-14-2014 ; Res. No. 2018-8-3 , § 1(Exh. A, § 4), 8-28-2018)