Model legislation available from the BCIC
lists seven nonexhaustive possibilities for specific public benefits: provide low-income or underserved individuals or communities with beneficial products or services; promote economic opportunity for individuals or communities beyond the creation of jobs in the ordinary course of business; preserve the environment; improve human health; promote the arts, sciences, or advancement of knowledge; increase the flow of capital to entities with a public benefit purpose; or accomplish any other particular benefit for society or the environment.
ADEQUATE COVERAGE: Debt service coverage on the BCIC sales tax bonds remains sound, but inherent volatility is a credit risk given the sensitivity of sales tax collections to the general economic cyclicality.
Maximum annual debt service (MADS) coverage on the BCIC bonds remains strong.
Maximum annual debt service (MADS) coverage on the BCIC bonds remains strong despite a weak sales tax environment brought on by the recession.
9 million in BCIC sales tax debt, the city's overall debt burden is moderate on a per capita basis at $1,991, but above average at 6.
'AA-' sales-tax revenue bond rating reflects the strong linkage that sales tax performance shares with the city's overall financial health and general credit characteristics.
Solid coverage: Sales-tax bond debt service coverage on the BCIC
bonds remains solid, but collection volatility remains a credit risk given the economic fluctuations inherent to many border communities.
Business Case Library was developed with expertise from seven universities in the province: British Columbia Institute of Technology, Simon Fraser University, Thompson Rivers University, University of British Columbia, University of British Columbia Okanagan, University of Northern British Columbia, and University of Victoria.
Innovation Council to deliver BCIC
s venture accelerator program .
Best's assigned rating of A- (Excellent) applies to all insurance subsidiaries of the Rockhill Insurance Group (Rockhill Group) including Rockhill Insurance Company, Plaza Insurance Company, ACIC and BCIC
These ratings were based on the consolidation of ACIC and its reinsured subsidiary, BCIC
There are no effective methods to target BCICs
, and they're urgently needed, especially for relapsed breast cancer patients," said Hung, Ph.