Bond Details - CUSIP 738855UZ6

Obligation Special Tax Bonds, Series 2012 Issue Name Special Tax Bonds, Series 2012 Project Name 4S Ranch Issue Type Mello-Roos CDIAC Number 2012-0754 Ratings S&P: BBB+ Issued $38,940,000.00 New Money $15,865,000.00 Outstanding $0.00 Dated Date 6/7/2012 1 st Coupon Date 9/1/2012 Last Coupon Date 9/1/2020 Date Refunded 10/14/2020 Maturity Date 9/1/2036 Issuer Status Refunded Documentation Official Statement Cap Interest False Cap Interest Amount Number of Months Net Funded False Debt Service True Debt Service Type Variable Annual Average Reserve Fund True Amount $1,163,095.25 Percentage 0.02987 Definition Lesser:10% IP; MADS; 125% AADS Update Type Automatic Maturity: Thursday, September 01, 2016 Callable: NO Status: Matured Coupon: 0.04000 Principal: $960,000.00 Interest: $1,786,800.00