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SA-3 - RESO TAX ALLOCATION BOND
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07/17/2018
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SA-3 - RESO TAX ALLOCATION BOND
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Last modified
7/12/2018 5:35:37 PM
Creation date
7/12/2018 5:27:26 PM
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
SA-3
Date
7/17/2018
Destruction Year
2023
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The foregoing estimates constitute good faith estimates only. The actual principal amount <br />of the Refunding Bonds issued and sold, the true interest cost thereof, the finance charges thereof, <br />the amount of proceeds received therefrom and total payment amount with respect thereto may <br />differ from such good faith estimates due to (a) the actual date of the sale of the Refunding Bonds <br />being different than the date assumed for purposes of such estimates, (b) the actual principal <br />amount of Refunding Bonds sold being different from the Estimated Principal Amount, (c) the <br />actual amortization of the Refunding Bonds being different than the amortization assumed for <br />purposes of such estimates, (d) the actual market interest rates at the time of sale of the Refunding <br />Bonds being different than those estimated for purposes of such estimates, (e) other market <br />conditions, or (f) alterations in the Successor Agency's financing plan, or a combination of such <br />factors. The actual date of sale of the Refunding Bonds and the actual principal amount of <br />Refunding Bonds sold will be determined by the Successor Agency based on the timing of the <br />need for proceeds of the Refunding Bonds and other factors. The actual interest rates home by the <br />Refunding Bonds will depend on market interest rates at the time of sale thereof. The actual <br />amortization of the Refunding Bonds will also depend, in part, on market interest rates at the time <br />of sale thereof. Market interest rates are affected by economic and other factors beyond the control <br />of the Successor Agency. <br />A-2 <br />4154-5855-2844.7 <br />SA -3-13 <br />
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