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RFP No. 21-025 <br />EXHIBIT B <br />Issuance Summary <br />Sale Date Issuer Issue Par <br />($mm) <br />Ratings <br />(S&P/M/F) <br />Final <br />Maturity <br />Bond Structure <br />Final Repayment <br />UAL Structure <br />All -In <br />TIC <br />Pricing Result <br />30- TIC <br />year Spread to <br />11/19/20 Coachella <br />POBs <br />$17.60 <br />AA-/-/- <br />2035 <br />2045 <br />Level <br />2.99% <br />1.58% <br />141 <br />11/12/20 Gardena <br />POBs <br />101.50 <br />AA-/-/- <br />2039 <br />2048 <br />Level <br />3.33% <br />1.75% <br />158 <br />10/27/20 Arcadia <br />POBs <br />90.00 <br />AAA/-/- <br />2040 <br />2044 <br />Level <br />2.70% <br />1.57% <br />113 <br />09/17/20 Azusa <br />POBs <br />70.08 <br />AA-/-/- <br />2040 <br />2045 <br />Level <br />3.13% <br />1.43% <br />170 <br />08/13/20 Pomona <br />LRBs <br />219.89 <br />AA -/-/A+ <br />2046 <br />2046 <br />Proportional <br />3.52% <br />1.38% <br />214 <br />07/24/20 West Covina <br />POBs <br />204.10 <br />A+/-/- <br />2044 <br />2044 <br />Proportional <br />3.68% <br />1.24% <br />244 <br />06/09/20 El Monte <br />POBs <br />117.73 <br />A+/ -/A- <br />2050 <br />2043 <br />Proportional <br />3.38% <br />1.53% <br />185 <br />06/08/20 Carson <br />POBs <br />108.02 <br />AA-/-/- <br />2050 <br />2043 <br />Proportional <br />3.71% <br />1.59% <br />212 <br />06/04/20 Riverside City <br />POBs <br />432.17 <br />AA/ -/AA- <br />2045 <br />2045 <br />Proportional <br />3.69% <br />1.61% <br />208 <br />06/02/20 Inglewood <br />POBs <br />101.62 <br />AA-/-/- (AGM) <br />2050 <br />2046 <br />Proportional <br />3.91% <br />1.48% <br />243 <br />05/12/20 Ontario <br />POBs <br />236.59 <br />AA/ -/AA- <br />2050 <br />2049 <br />Proportional <br />3.72% <br />1.38% <br />234 <br />04/22/20 Riverside Co <br />POBs <br />720.00 <br />AA/A2/- <br />2038 <br />2046 <br />Proportional <br />3.53% <br />1.22% <br />231 <br />02/05/20 Pasadena <br />POBs <br />131.81 <br />AAA/-/- <br />2045 <br />2043 <br />Proportional <br />3.06% <br />2.14% <br />92 <br />08/22/19 Glendora <br />POBs <br />64.40 <br />AAA/-/- <br />2044 <br />2046 <br />Proportional <br />2.85% <br />2.11% <br />74 <br />09/24/19 Hawthorne <br />POBs <br />121.87 <br />AA-/A3/- <br />2049 <br />2045 <br />Level <br />3.61% <br />2.09% <br />152 <br />07/25/18 La Verne <br />POBs <br />54.27 <br />AA+/-/- <br />2044 <br />2046 <br />Level <br />4.26% <br />3.06% <br />120 <br />05/31/18 Tulare County <br />POBs <br />251.22 <br />AA-/A1/- <br />2037 <br />2037 <br />Level <br />4.23% <br />3.00% <br />123 <br />10/30/17 Monrovia <br />POBs <br />111.55 <br />AA-/-/- <br />2047 <br />2047 <br />Level <br />4.05% <br />2.83% <br />122 <br />10/31/17 Inglewood <br />POBs <br />52.80 <br />-/A3/- (AGM) <br />2047 <br />2047 <br />Level <br />4.55% <br />2.88% <br />167 <br />In addition to POB's issued to date, eleven agencies have initiated the process to issue bonds. <br />Three Orange County cities are in the process of issuing bonds including Orange, Huntington <br />Beach and Placentia. The total UAL for these agencies is over $2 billion (see chart below). <br />Chula Vista <br />Huntington <br />Beach <br />Orange <br />Downey <br />El Cajon <br />Monterey Park <br />Corona <br />Manhattan <br />Beach <br />$350,000,000 <br />67.10% <br />67.40% <br />69.60% <br />70.40% <br />440,000,000 <br />71.50% <br />72.60% <br />64.80% <br />65.50% <br />200,000,000 <br />71.20% <br />71.30% <br />67.70% <br />68.00% <br />200,000,000 <br />68.40% <br />68.60% <br />66.50% <br />66.40% <br />150,000,000 <br />66.90% <br />67.40% <br />61.50% <br />62.00% <br />110,000,000 <br />69.80% <br />70.50% <br />70.20% <br />71.30% <br />272,000,000 <br />65.40% <br />67.90% <br />64.50% <br />63.50% <br />92,000,000 <br />76.10% <br />76.10% <br />71.50% <br />71.00% <br />Covina <br />72,000,000 <br />68.00% <br />68.00% <br />68.00% <br />69.00% <br />Commerce <br />31,000,000 <br />70.00% <br />71.00% <br />NA <br />NA <br />Whittier <br />143,000,000 <br />74.00% <br />75.00% <br />59.00% <br />60.00% <br />UDland <br />120.000.000 <br />68.00% <br />68.40% <br />67.00% <br />68.60% <br />POB Sale in 2021 Q1 <br />POB Sale in 2021 Q1 <br />Validation approved Aug. <br />2020 <br />POB Sale in 2021 Q1 <br />POB Sale 2020 Q4 <br />POB Sale 2021 Q1 <br />POB Sale in 2021 Q2 <br />POB Sale in 2021 Q1 <br />Validation Initiated in Dec. <br />2020 <br />Validation Initiated in 2021 <br />Validation Initiated in 2021 <br />Validation Initiated in 2021 <br />As previously stated above, the City's projected $709.9 million UAL is comprised of 46 <br />Amortization Bases with corresponding Amortization Schedules. These bases represent a series <br />of "loans", with a fixed repayment schedule with a 7.0% interest rate. <br />