Bond Details - CUSIP 738855CP8

Obligation Special Tax Bonds, Series 2001 Issue Name Special Tax Bonds, Series 2001 Project Name Torrey Highlands Issue Type Mello-Roos CDIAC Number 2001-1923 Ratings Not Rated Issued $9,700,000.00 New Money $9,700,000.00 Outstanding $0.00 Dated Date 10/25/2001 1 st Coupon Date 3/1/2002 Last Coupon Date 9/1/2011 Date Refunded 11/3/2011 Maturity Date 9/1/2031 Issuer Status Refunded Documentation Official Statement Cap Interest True Cap Interest Amount $468,066.13 Number of Months 6 Net Funded False Debt Service True Debt Service Type Escalating Annual Average $755,037.72 Reserve Fund True Amount $948,539.85 Percentage 0.09780 Definition Lesser:10% OP;MADS;125% AADS Update Type Automatic Maturity: Wednesday, September 01, 2021 Callable: YES Status: Called in Full Coupon: 0.06000 Principal: $410,000.00 Interest: $420,235.00 Maturity: Thursday, September 01, 2022 Callable: YES Status: Called in Full Coupon: 0.06000 Principal: $450,000.00 Interest: $395,635.00 Maturity: Friday, September 01, 2023 Callable: YES Status: Called in Full Coupon: 0.06000 Principal: $495,000.00 Interest: $368,635.00 Maturity: Sunday, September 01, 2024 Callable: YES Status: Called in Full Coupon: 0.06000 Principal: $540,000.00 Interest: $338,935.00 Maturity: Monday, September 01, 2025 Callable: YES Status: Called in Full Coupon: 0.06000 Principal: $590,000.00 Interest: $306,235.00