Trái phiếu phải trả (tiếp theo) Queens bóng chày sân vận động dự án Ngày 22 tháng tám năm 2006, IDA đã ban hành trái phiếu thuế PILOT Miễn (Queens bóng chày sân vận động dự án) Dòng 2006 trong số tiền $ 547355000 (các trái phiếu PILOT) nhằm mục đích tài trợ các thiết kế, phát triển, mua lại , xây dựng, và trang bị một sân vận động League Baseball chính được sử dụng bởi New York Mets đội bóng chày chuyên nghiệp. | New York City Industrial Development Agency a component unit of The City of New York Notes to Financial Statements continued 6. Bonds Payable continued Queens Baseball Stadium Project On August 22 2006 IDA issued Tax Exempt PILOT Bonds Queens Baseball Stadium Project Series 2006 in the amount of 547 355 000 the PILOT Bonds for the purpose of financing the design development acquisition construction and equipping a Major League Baseball Stadium to be used by the New York Mets professional baseball team the improvement of certain parking facilities and the demolition of Shea Stadium collectively the Project see Note 8 funding the capitalized interest funds to purchase debt service reserve credit facilities and to pay for bond issuance costs. The PILOT Bonds are special limited obligations of IDA payable solely from and secured by PILOT revenues made by Queens Ballpark Company . pursuant to the PILOT Agreement dated August 1 2006 and certain funds and accounts held under the PILOT Bonds Indenture. Payment of the principal and interest on the PILOT Bonds is insured by an insurance policy from Ambac Assurance Corporation. No other funds or assets of IDA are pledged towards the payment of such bonds. The original issue premium of 20 632 088 and bond issuance costs of 20 594 260 are being amortized over the life of the Series 2006 bonds. At June 30 2010 and June 30 2009 542 030 000 and 547 355 000 respectively of the Series 2006 Bonds remained outstanding. The Series 2006 Bonds bear interest at fixed rates to the maturity thereof payable semiannually each January 1 and July 1 commencing January 1 2007. On February 5 2009 IDA issued additional Tax Exempt PILOT Bonds Queens Baseball Stadium Project Series 2009 in the amount of 82 280 000 the PILOT Bonds for the purpose of financing the completion of a Major League Baseball Stadium to be used by the New York Mets professional baseball team the improvement of certain parking facilities and the demolition of Shea Stadium
