Bond Details - CUSIP 738855FU4

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: Wednesday, September 01, 2021 Callable: YES Status: Called in Full Coupon: 0.05750 Principal: $210,000.00 Interest: $248,687.50 Maturity: Thursday, September 01, 2022 Callable: YES Status: Called in Full Coupon: 0.05750 Principal: $235,000.00 Interest: $236,612.50 Maturity: Friday, September 01, 2023 Callable: YES Status: Called in Full Coupon: 0.05750 Principal: $255,000.00 Interest: $223,100.00 Maturity: Sunday, September 01, 2024 Callable: YES Status: Called in Full Coupon: 0.05750 Principal: $280,000.00 Interest: $208,437.50 Maturity: Monday, September 01, 2025 Callable: YES Status: Called in Full Coupon: 0.05750 Principal: $305,000.00 Interest: $192,337.50 Maturity: Tuesday, September 01, 2026 Callable: YES Status: Called in Full Coupon: 0.05750 Principal: $335,000.00 Interest: $174,800.00 Maturity: Wednesday, September 01, 2027 Callable: YES Status: Called in Full Coupon: 0.05750 Principal: $365,000.00 Interest: $155,537.50 Maturity: Friday, September 01, 2028 Callable: YES Status: Called in Full Coupon: 0.05750 Principal: $395,000.00 Interest: $134,550.00 Maturity: Saturday, September 01, 2029 Callable: YES Status: Called in Full Coupon: 0.05750 Principal: $430,000.00 Interest: $111,837.50 Maturity: Sunday, September 01, 2030 Callable: YES Status: Called in Full Coupon: 0.05750 Principal: $465,000.00 Interest: $87,112.50 Maturity: Monday, September 01, 2031 Callable: YES Status: Called in Full Coupon: 0.05750 Principal: $505,000.00 Interest: $60,375.00 Maturity: Wednesday, September 01, 2032 Callable: YES Status: Called in Full Coupon: 0.05750 Principal: $545,000.00 Interest: $31,337.50