9/12/19

1.3 Common Strategies for Avoiding the Debt Limit
The contract among the members of an underwriting syndicate establishing the syndicate rules, including the rights, duties, and commitments of the senior manager and the other syndicate members with respect to the new issue of municipal securities being underwritten

9/02/19

8.2.2 Maintaining Tax-Exempt Status
Tax-exempt debt obligations issued by public agencies are generally subject to statutory requirements for the use of bond proceeds and bond-financed facilities and compliance

8/30/19

i.4.5.2 REQUIREMENT #2 – THE DEBT MUST FINANCE A QUALIFYING PROJECT AND SATISFY ONGOING REQUIREMENTS AND LIMITATIONS REGARDING THE USE OF THE PROJECT
The Tax Code requires the application of complex rules regarding private use. Determining if there is to be any private use of the facility must be completed before issuance and continuously monitored until the bonds are fully paid.