Sources of payment for interim warrants and bond anticipation notes.

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  • (1) proceeds from the sale of assessment bonds;
  • (2) cash the local entity receives from the payment for improvements;
  • (3) assessments;
  • (4) improvement revenues that are not pledged to the payment of assessment bonds;
  • (5) proceeds from the sale of interim warrants or bond anticipation notes; or
  • (6) the local entity's guaranty fund or, if applicable, the reserve fund.




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