An application to extend commission approval of a bond issue must include the following: (1) a resolution by the governing board requesting the approval to extend commission approval of the bond issue; (2) updated build-out schedules if changed from original projections; (3) market study update if a market study was required in original bond application; (4) revised table of projected revenues and expenses; (5) if the application includes a change in the approved interest rate, maturity schedule or total bond amount, a revised amortization table; (6) if the original approval did not contain funds for the 0.25% fee required under §293.45 of this title (relating to Action of the Commission and Bond Proceeds Fee), applicant must submit a revised cost summary including such fee; (7) a filing fee in the amount of $100; and (8) other information as the executive director may require. |
