Laserfiche WebLink
y t <br /> ,REPORT OF FINAL SALE 4110 For Office Use Only <br /> California Debt and Investment Ad y Commission <br /> 915 Capitol Mall, Room 400, Sacramento, CA 95814 <br /> P.O. Box 942809, Sacramento, CA 94209-0001 <br /> Tel.: (916)653-3269 FAX: (916) 654-7440 <br /> (Facsimile transmissions must be followed by hard copies.) <br /> Completion of this form is requested to provide information which was not available when the "Report <br /> of Proposed Debt Issuance" was filed with the CDIAC or to verify information which was reported as <br /> "proposed." Additionally, please send a copy of the official statement (or offering circular) with <br /> this form to the CDIAC. <br /> CDIAC #: 97-1678 <br /> NAME OF ISSUER: Rancho Palos Verdes Redevelopment Agency <br /> (If pool bond, list participants) <br /> ISSUE NAME: Rancho Palos Verdes Redevelopment Agency, Project Area No. 1, Tax Allocation Bondi Issue of 1997 <br /> OFFICIAL STATEMENT/OFFERING MEMORANDUM: [ ] Enclosed [X] None Prepared <br /> SALE DATE: December 2, 1997 PRINCIPAL AMOUNT SOLD $ 5,455,000 <br /> IS THE INTEREST ON THE DEBT EXEMPT FROM TAXATION? <br /> Under State law: [ ] NO (taxable) [ ] YES (tax-exempt) <br /> Under Federal law: [ ] NO (taxable) [ ] YES (tax-exempt) If the issue is federally tax-exempt, is interest a specific preference item for <br /> the purpose of alternative minimum tax? <br /> [ ] Yes, preference item [] No, not a preference item <br /> IS ANY PORTION OF THE DEBT FOR REFUNDING?1i <br /> [X] No [ ] Yes, amount of this issue (including costs) which is for refunding of existing debt $ <br /> If the issue is a negotiated refunding, indicate the reason(s) why the bonds were issued at a private or negotiated versus a competitive sale. <br /> [ ] (1) Timing of the sale provided more flexibility than a public [] (2) More cost savings were expected to be realized than a <br /> sale public sale <br /> [] (3) More flexibility in debt structure was available than a [] (4) Issuer able to work with participants familiar with issue/r <br /> public sale than with a public sale <br /> [] (5) All of the above [] (6) Other(please specify) <br /> INTEREST TYPE: [X] NIC [ ] TIC [ ] Variable (Please specify) <br /> INTEREST COST: 5.00 % <br /> MATURITY SCHEDULE [X] Attached [ ] Included in Official Statement/Offering Memorandum <br /> MATURITY STRUCTURE: [X] Serial(s) [ ] Term (T) [ ] Serial and term bonds or two or more term (C) <br /> FINAL MATURITY DATE: 2027 <br /> INDICATE CREDIT RATING: (For example, "AAA" or "Aaa") <br /> [X] Not Rated <br /> [ ] Rated Standard & Poor's: Fitch: <br /> Moody's: Other: <br /> WAS THE ISSUE INSURED OR GUARANTEED? <br /> [X] No [ ] Bond Insurance (I) [ ] Letter of Credit (L) H] State Intercept Program (T) [ ] Other (0) <br /> GUARANTOR: <br /> ISSUANCE COSTS: <br /> Total issuance costs: $ 0 <br /> [ ] Discount [ ] Premium $ 0 <br /> Original Issue Discount: (OID) $ 0 <br /> 1/ Section 53583(c)(2)(B)of the California Government Code requires that any local agency selling refunding bonds at private sale or on a negotiated basis <br /> shall send a written statement, within two weeks after the bonds are sold, to the CDIAC explaining the reasons why the local agency determined to sell the bonds <br /> at private sale or on a negotiated basis instead of at public sale. <br /> 1-95 `� <br />