| Bond:
Special Tax Refunding Bonds, Series 2014C
|
|
| Obligation |
Community Facilities District No. 11, Impv Area C
|
| Issue
Name |
Special Tax Refunding Bonds, Series 2014C
|
| Project
Name |
Stonebridge Estates
|
| Issue
Type |
Mello-Roos
|
| CDIAC
Number |
2014-1203
|
| Ratings |
Not Rated
|
| Issued |
$11,740,000.00
|
| New
Money |
$0.00
|
| Outstanding |
$8,725,000.00
|
| Dated
Date |
7/30/2014 |
| 1 st
Coupon Date |
3/15/2015 |
| Last
Coupon Date |
3/15/2024 |
| Date
Refunded |
|
| Maturity
Date |
9/1/2035 |
|
| Issuer
Status
|
Sold
|
| Documentation |
Official Statement
|
| Cap
Interest |
True
|
| Cap
Interest Amount |
$21,653.11
|
| Number
of Months |
1
|
| Net
Funded |
False
|
| Debt
Service |
True
|
| Debt
Service Type
|
Variable
|
| Annual
Average |
|
| Reserve
Fund
|
True |
| Reserve
Amount |
$1,109,745.27 |
| Percentage |
0.09453 |
| Definition |
Lesser:10% IP; MADS; 125% AADS
|
| Update
Type
|
Automatic |
|
 |
| Date | Coupon | Principal | Status | Callable | Cusip |
| 9/15/2015 | 0.03000 | 170,000 | Matured | NO | 73885QEL9 |
| 9/15/2016 | 0.03000 | 235,000 | Matured | NO | 73885QEM7 |
| 9/15/2017 | 0.03500 | 250,000 | Matured | NO | 73885QEN5 |
| 9/15/2018 | 0.03500 | 280,000 | Matured | NO | 73885QEP0 |
| 9/15/2019 | 0.04000 | 300,000 | Matured | NO | 73885QEQ8 |
| 9/15/2020 | 0.04000 | 330,000 | Matured | NO | 73885QER6 |
| 9/15/2021 | 0.04000 | 360,000 | Matured | NO | 73885QES4 |
| 9/15/2022 | 0.04000 | 395,000 | Matured | NO | 73885QET2 |
| 9/15/2023 | 0.05000 | 425,000 | Matured | NO | 73885QEU9 |
| 9/15/2024 | 0.05000 | 460,000 | Not Callable | NO | 73885QEV7 |
| 9/15/2025 | 0.05000 | 505,000 | 9/15/2024 @ 100.0% | YES | 73885QEW5 |
| 9/15/2026 | 0.05000 | 550,000 | 9/15/2024 @ 100.0% | YES | 73885QEX3 |
| 9/15/2027 | 0.05000 | 595,000 | 9/15/2024 @ 100.0% | YES | 73885QEY1 |
| 9/15/2028 | 0.05000 | 650,000 | 9/15/2024 @ 100.0% | YES | 73885QEZ8 |
| 9/15/2029 | 0.05000 | 690,000 | 9/15/2024 @ 100.0% | YES | 73885QFA2 |
| 9/15/2030 | 0.05000 | 740,000 | 9/15/2024 @ 100.0% | YES | 73885QFB0 |
| 9/15/2031 | 0.05000 | 795,000 | 9/15/2024 @ 100.0% | YES | 73885QFC8 |
| 9/15/2032 | 0.05000 | 850,000 | 9/15/2024 @ 100.0% | YES | 73885QFD6 |
| 9/15/2033 | 0.05000 | 905,000 | 9/15/2024 @ 100.0% | YES | 73885QFE4 |
| 9/15/2034 | 0.05000 | 960,000 | 9/15/2024 @ 100.0% | YES | 73885QFF1 |
| 9/15/2035 | 0.05000 | 1,025,000 | 9/15/2024 @ 100.0% | YES | 73885QFG9 |
| Organization | Role |
| Best Best & Krieger LLP | Bond Counsel |
| Best Best & Krieger LLP | School District General Counse |
| Cooperative Strategies | Financial Advisor |
| Cooperative Strategies | Special Tax Consultant |
| Cooperative Strategies | Bond Administrator |
| McFarlin & Anderson LLP | Disclosure Counsel |
| Zions First National Bank | Trustee |
| Zions First National Bank | Fiscal Agent |
| Zions First National Bank | Escrow Agent |
|
