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25J - AGMT - BOND COMPLIANCE SRVS
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25J - AGMT - BOND COMPLIANCE SRVS
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Last modified
9/11/2014 4:31:11 PM
Creation date
9/11/2014 4:28:52 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
25J
Date
9/16/2014
Destruction Year
2019
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Sail Brriiari iho <br />Financial Advisory <br />In early June 2012, UFI was engaged by the City of San Bernardino to provide financial advisory and <br />continuing disclosure services as the City progresses through chapter 9 bankruptcy. As part of our services, <br />UFI is responsible for the day -to -day reporting of financial information to all creditors, rating agencies, <br />bond holders, trustees and bond insurers. Due to the City's bankruptcy filing, the City sought out a firm <br />with the expertise and depth to manage the complex nature of its disclosures. <br />Continuing Disclosure <br />Currently, UFI is providing Continuing Disclosure Services for 12 bond issues for the City of San Bernardino <br />and associated municipal entities. A listing of these bonds can be found in the table below. In addition to <br />producing and posting Continuing Disclosure Annual Reports, UFI is also producing and filing material <br />events notices resulting from the City's chapter 9 bankruptcy filing, draws on Debt Service Reserve <br />Accounts, and ratings changes. <br />San Bernardino Joint Powers Financing Authority $16,320,000 Lease Revenue Refunding Bonds <br />San Bernardino Joint Powers Financing Authority $19,000,000 Tax Allocation Refunding Bonds <br />San Bernardino Joint Powers Financing Authority $8,590,000 Subordinate Tax Allocation Refunding Bonds <br />San Bernardino Joint Powers Financing Authority $10,370,000 Public Facilities Lease Revenue Refunding Bonds <br />San Bernardino Joint Powers Financing Authority $15,480,000 Refunding Certificates of Participation <br />San Bernardino Joint Powers Financing Authority $30,330,000 Tax Allocation Refunding Bonds <br />San Bernardino Joint Powers Financing Authority $3,635,000 Tax Allocation Bonds <br />San Bernardino Joint Powers Financing Authority $55,800,000 Tax Allocation Revenue Refunding Bonds <br />San Bernardino Joint Powers Financing Authority $21,105,000 Tax Allocation Revenue Refunding Bonds <br />San Bernardino Joint Powers Financing Authority $28,665,000 Tax Allocation Bonds <br />San Bernardino Joint Powers Financing Authority $7,065,000 Tax Allocation Bonds <br />San Bernardino Joint Powers Financing Authority $3,220,000 Tax Allocation Bonds <br />Contact Name David Cain, Finance Director <br />Phone (909) 384 -5242 <br />25J -19 <br />Series 1996 <br />Series 1998A <br />Series 1998B <br />1997 Series A <br />1999 <br />2002 <br />Series 2002A <br />Series 2005A <br />Series 2005B <br />Taxable Series 2006 <br />Series 2010A <br />Series 2010B <br />H <br />
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