Bond Details - CUSIP 738855FQ3

Obligation Special Tax Bonds, Series 2002 Issue Name Special Tax Bonds, Series 2002 Project Name Torrey Highlands - Sub Issue Type Mello-Roos CDIAC Number 2002-1747 Ratings Not Rated Issued $5,750,000.00 New Money $5,750,000.00 Outstanding $0.00 Dated Date 10/23/2002 1 st Coupon Date 3/1/2003 Last Coupon Date 9/1/2012 Date Refunded 1/30/2013 Maturity Date 9/1/2032 Issuer Status Refunded Documentation Official Statement Cap Interest True Cap Interest Amount $275,429.00 Number of Months 6 Net Funded False Debt Service True Debt Service Type Level Annual Average $435,042.30 Reserve Fund True Amount $546,433.85 Percentage 0.09500 Definition Lesser:10% OP;MADS;125% AADS Update Type Automatic Maturity: Saturday, September 01, 2018 Callable: YES Status: Called in Full Coupon: 0.05600 Principal: $155,000.00 Interest: $278,085.00