Bond Details - CUSIP 738855PZ2

Obligation Special Tax Bonds, Series 2005 Issue Name Special Tax Bonds, Series 2005 Project Name Issue Type Mello-Roos CDIAC Number 2005-1941 Ratings Not Rated Issued $44,305,000.00 New Money $44,305,000.00 Outstanding $0.00 Dated Date 11/22/2005 1 st Coupon Date 3/1/2006 Last Coupon Date 3/1/2015 Date Refunded 6/4/2015 Maturity Date 9/1/2035 Issuer Status Refunded Documentation Official Statement Cap Interest True Cap Interest Amount $863,076.33 Number of Months 6 Net Funded False Debt Service True Debt Service Type Escalating Annual Average $1,476,833.33 Reserve Fund True Amount $3,901,513.25 Percentage 0.08810 Definition Lesser:10% OP;MADS;125% AADS Update Type Automatic Maturity: Saturday, September 01, 2029 Callable: YES Status: Called in Full Coupon: 0.05125 Principal: $2,160,000.00 Interest: $1,308,668.75 Maturity: Sunday, September 01, 2030 Callable: YES Status: Called in Full Coupon: 0.05125 Principal: $2,350,000.00 Interest: $1,195,150.00 Maturity: Monday, September 01, 2031 Callable: YES Status: Called in Full Coupon: 0.05125 Principal: $2,540,000.00 Interest: $1,071,893.75 Maturity: Wednesday, September 01, 2032 Callable: YES Status: Called in Full Coupon: 0.05125 Principal: $2,805,000.00 Interest: $938,643.75 Maturity: Thursday, September 01, 2033 Callable: YES Status: Called in Full Coupon: 0.05125 Principal: $3,545,000.00 Interest: $794,887.50 Maturity: Friday, September 01, 2034 Callable: YES Status: Called in Full Coupon: 0.05125 Principal: $5,770,000.00 Interest: $613,206.25 Maturity: Saturday, September 01, 2035 Callable: YES Status: Called in Full Coupon: 0.05125 Principal: $6,195,000.00 Interest: $317,493.75