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Home My WebLink AboutCertificate of Mailing 13128-01 JHHW:BDQ:JHE 7/31/96 $27,725,000 COUNTYWIDE PUBLIC FINANCING AUTHORITY 1996 REVENUE BONDS CERTIFICATE OF MAILING I,Janet H. Ekberg,certify as follows: That for and on behalf of the Countywide Public Financing Authority, on the date hereof, I caused to be mailed a Report of Final Sale relating to the captioned financing,postage prepaid, to the California Debt Advisory Commission, 915 Capitol Mall, Room 400, P.O. Box 942809, Sacramento, California 94209-0001, a true copy of which Report is hereto attached. Dated: July 31, 1996 By Wig . Janet H. Ekberg,f Jones Hall Hill&White, A Professional Law Corporation REPORT OF FINAL SALE California Debt Advisory Commission For Office Use Only 915 Capitol Mall, Room 400, Sacramento, CA 95814 • P.O. Box 942809, Sacramento, CA 94209-0001 Tel.: (916) 653-3269 FAX: (916) 654-7440 i'lcsimile transmissions must be followed by hard copies.) Completion of this form is requested to provide information which was not available when the "Report of Proposed Debt Issuance" was filed with the CDAC or to verify information which was reported as "proposed". Additionally, please send a copy of the official statement (or offering circular) with this form to the CDAC. CDAC#: 96-0490 NAME OF ISSUER: COUNTYWIDE PUBLIC FINANCING AUTHORITY (If pool bond, list participants) ISSUE NAME: 1996 Revenue Bonds OFFICIAL STATEMENT/OFFERING MEMORANDUM: ®Enclosed ❑None prepared SALE DATE: July 16, 1996 PRINCIPAL AMOUNT SOLD: $ 27,725,000 IS THE INTEREST ON THE DEBT EXEMPT FROM TAXATION? Under State Law: ❑NO (taxable) ® YES (tax-exempt Under Federal Law: ❑NO (taxable) s If the issue is Federallytax-exempt,is interest a specific preference item ®YES (tax-exempt, for the purpose of altenative minimum tax? P ❑Yes,preference item ®No, not a preference item IS ANY PORTION OF THE DEBT FOR REFUNDING? ®No ❑Yes, amount of this issue(including costs) which is for refunding of existing debt 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. (1)Timing of the sale provided more flexibility than a public sale ❑(2)Mom cost savings were expected to be realized than a public sale �I(3)More flexibility in debt structure was available than a public sale ❑(4)Issuer able to work with participants familiar with issue/r rather than with a public sale ❑(5)All of the above ❑ (6)Other(please specify) INTEREST TYPE: ❑TIC Z MC ❑ Variable(Please specify,) INTEREST COST: 5.27326 MATURITY SCHEDULE: ❑Attached Included in Official Statement/Offering Memorandum MATURITY STRUCTURE: ❑ Serial bond(S) ❑Term bond(T) �/ Serial and term bonds or two or more term(C) FINAL MATURITY DATE: 8/01/11 • INDICATE CREDIT RATING: (For example,"AAA"or"Aaa") ❑Not Rated ®Rated Standard & Poor's: AAA Fitch: Moody's: Aaa(MBIA Insured) Other: WAS THE ISSUE INSURED OR GUARANTEED? ❑No Bond insurance(I) ❑Letter of credit(L) ❑State Intercept Program(T) ❑Other(0) GUARANTOR: MBIA Insurance Corporation ISSUANCE COSTS: Total issuance costs: 469,122.86 —!Discount ❑Premium 185,757.50 Original Issue Discount: (OID) 95,619.60 l Section 53583(e)(2)(B)of the California Government Cale requires that any local agency selling refunding bonds at private.sale or on a negotiated basis shall send a written statement,within two weeks after the bonds are sold,to the CDAC explaining the reasons why the local agency determined to sell the bonds at private sale or on a negotiated basis instead Olaf public sale. 1/95 rt�.�7 STATE OF CALIFORNIA -. CALIFORNIA DEBT ADVISORY COMMISSION MEMBERS 915 CAPITOL MALL,ROOM 400 Matth rew K. Fong ure and Chairman P.O.BOX 942809 Slate Treas SACRAMENTO;CA-94209-0001--- -- -- --------- -------- TELEPHONE:(916)653-3269 Pete Wilson FAX: (916)654-7440 Governor Kathleen Connell May 14, 1996 Stale Controller Executive Director Peter W.Schaafsma Robert Beverly State Senator,Long Beach Lucy Killen TO: Brian D Quint State Senator,San Diego Jones Hall Hill & White ,en Goldsmith Four Embarcadero Ctr 19th Fl State Assemblyman,San Diego San Francisco CA 94111 Donald W. Men Treasurer-Tax Collector Sonoma County Robert Leland Finance Director,City of Fairfield FROM: Peter Schaafsma, Executive Director RE: RECEIPT OF NOTICE OF A PUBLIC DEBT ISSUE AFTER/ON THE SALE DATE. Please note that this notice was filed with the Commission after/on the sale date--even though Section 8855 (g) of the California Government Code requires that written notice be filed with the Commission no later than 30 days prior to the proposed sale date . The notice received was for the following issue : CDAC Number: 96 - 0490 Issuer: Countywide PFA Project: Multi cap imprvments and public works Proposed Amount: $40,000, 000 Proposed Sale Date: 05/08/96 Date Notice Received: 05/09/96 Please submit the "Report of Final Sale" and the Official Statement (or offering circular) on this issue after the sale is completed. Any questions regarding reporting requirements may be directed to the CDAC staff at (916) 653-3269 . cc : Roderick R Coloma Treasurer • REPORT OF PROPOSED DEBT ISSUANCE For Office Use Only California Debt Advisory Commission 915 Capitol Mall, Room 400, Sacramento, CA 95814 CDAC NO.: ______ D.O. Box 942809, Sacramento, CA 94209-0001 el.: (916) 653-3269 FAX: (916) 654-7440 (Facsimile transmissions must be followed by hard copies.) Completion and timely submittal of this form to the California Debt Advisory Commission (CDAC) at the above address will assure your compliance with existing California State law and will assist in the maintenance of a complete data base. Thank you for your cooperation.' NAME OF ISSUER: COUNTYWIDE PUBLIC FINANCING AUTHORITY (If pool bond, list participants) ISSUE NAME: 1996 Revenue Bonds Contact person at issuing jurisdiction: Name: Mr. Roderick R.Coloma Title: Treasurer Address: 20 Civic Center Plaza M-17, Santa Ana , CA 92701 Phone: (714) 647-5200 AGENCY LOCATED IN Orange COUNTY PROPOSED SALE DATE: 5/8/96 TYPE OF SALE: ❑Competitive E Negotiated PROPOSED PRINCIPAL TO BE SOLD: $40,000.000 S THE INTEREST ON THE DEBT EXEMPT FROM TAXATION? Under State Law: ❑NO(taxable) E YES(tax-exempt) Under Federal Law: ❑NO(taxable) E YES (tax-exempt) If the issue is federally tax-exempt, is interest a specific preference item for the purpose of alternative minimum tax? ❑Yes,preference item ❑No, not a preference item IS ANY PORTION OF THE DEBT FOR REFUNDING? 2 E No ❑ Yes,proposed amount for refunding $ TYPE OF DEBT INSTRUMENT NOTE BOND ❑ Bond anticipation (BAN) ❑ Conduit revenue (Private obligor) (CRB) ❑ Grant anticipation (GAN) ❑ General obligation (GOB) ❑ Other note(Please specify below.)(OTHN) ❑ Limited tax obligation (LTOB) ❑ Revenue anticipation (RAN) ❑ Other bond(please specify below)(OTHB) ❑ Tax allocation(TALN) E Public lease revenue(PLRB) ❑ Tax and revenue anticipation(TRAN) ❑ Revenue(Pool)(RB) ❑ Tax anticipation (TAN) ❑ Revenue(public enterprise)(PERB) ❑ Sales tax revenue(STAB) ❑ Commercial paper(CP) ❑ Special assessment (SAB) ❑ Certificates of participation/leases (COP/L) 0 Tax allocation(TAB) E Other(Please specify below.)(OTH) Please specify if"Other note/Other Bond/Other" was checked: Lease Revenues Section 8855(g)of the California Government Code requires the issuer of any proposed new public debt issue to give written notice of the proposed sale to the CDAC no later than 30 days prior to the sale. 2 Section 53583(c)(2)(B)of the California Government Code requires that any local agency selling refunding bonds at private sale of on a negotiated basis shall send a written statement,within two weeks after the bonds are sold,to the CDAC explaining the reasons why the local agency determined to sell the bonds at private sale or on a negotiated basis instead of at public sale. 1/95