Bond Details - CUSIP 738855CR4

Obligation Special Tax Bonds, Series 2001 Issue Name Special Tax Bonds, Series 2001 Project Name Torrey Highlands Issue Type Mello-Roos CDIAC Number 2001-1922 Ratings Not Rated Issued $6,345,000.00 New Money $6,345,000.00 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 $306,289.88 Number of Months 6 Net Funded False Debt Service True Debt Service Type Level Annual Average $494,647.83 Reserve Fund True Amount $621,416.87 Percentage 0.09800 Definition Lesser:10% OP;MADS;125% AADS Update Type Automatic Maturity: Wednesday, September 01, 2004 Callable: NO Status: Matured Coupon: 0.04000 Principal: $10,000.00 Interest: $377,417.50