Form8038•G Information Return for Tax-Exempt Governmental Bonds ► Under Internal Revenue Code section 149(e) (Rev. October 2021) ► See separate instructions. 0MB No. 1545-0047 Department of the Treasury Caution: If the issue price is under $100,000, use Form 8038-GC.
Internal Revenue Service ► Go to www.irs.gov/F8038G for instructions and the latest information. ■:r.1oiill■ Reporting Authority Check box if Amended Return ► D 1 Issuer's name 2 Issuer's employer identification number (EIN) City of Barstow 95-6000675
3a Name of person (other than issuer) with whom the IRS may communicate about this return (see instructions) 3b Telephone number of other person shown on 3a 4 Number and street (or P.O. box if mail is not delivered to street address) I Room/suite 5 Report number (For IRS Use Only) 220 E. Mountain View Street I 31 I
6 City, town, or post office, state, and ZIP code 7 Date of issue Barstow, CA 92311 24, 2024
8 Name of issue
January
9 CUSIP number
City of Barstow Equipment Lease Purchase Financing Schedule 02 None 10a Name and title of officer or other employee of the issuer whom the IRS may call for more information 10b Telephone number of officer or other employee shown on 1 0a
Andrew Espinoza Jr., Interim City Manager 760-255-5115
■::F.T•ill 11 Type of Issue (Enter the issue price.) See the instructions and attach schedule. 11 Education .
12 Health and hospital
13 Transportation
14 Public safety .
15 Environment (including sewage bonds)
16 Housing
17 Utilities
18 Other. Describe ►
19a If bonds are TANs or RANs, check only box 19a ► □
b If bonds are BANs, check only box 19b . ► □
20 If bonds are in the form of a lease or installment sale, check box ► □ 1::r.1•• II Description of Bonds. Complete for the entire issue for which this form is being filed. (a) Final maturity date (b) Issue price (c) Stated redemption (cl) Weighted price at maturity average maturity
21 1/26/2044 $ $1,700,000.00 $ N/A Lease 12.22
l::r.nil 1,. Uses of Proceeds of Bond Issue (including underwriters' discount) 22 Proceeds used for accrued interest
23 Issue price of entire issue (enter amount from line 21, column (b)) 24 Proceeds used for bond issuance costs (including underwriters' discount) 24 25 Proceeds used for credit enhancement 25
26 Proceeds allocated to reasonably required reserve or replacement fund 26 27 Proceeds used to refund prior tax-exempt bonds. Complete Part V . 27 28 Proceeds used to refund prior taxable bonds. Complete Part V 28 29 Total (add lines 24 through 28) .
30 Nonrefunding proceeds of the issue (subtract line 29 from line 23 and enter amount here) l:F.r-i•'• Description of Refunded Bonds. Complete this part only for refunding bonds. 31 Enter the remaining weighted average maturity of the tax-exempt bonds to be refunded . 32 Enter the remaining weighted average maturity of the taxable bonds to be refunded . 33 Enter the last date on which the refunded tax-exempt bonds will be called (MM/DD/YYYY) 34 Enter the date(s) the refunded bonds were issued ► (MM/DD/YYYY) For Paperwork Reduction Act Notice, see separate instructions. Cat. No. 63773S years
$5,000.00
►
►
►
11 12
13 14 $1,700,000.00
15 16
17 18
(e)Yield
6.24 %
22 23 $1,700,000.00
29 $5,000.00
30 $1,695,000.00
years
years
Form 8038-G (Rev. 10-2021)
Form 8038-G (Rev. 10-2021) Page2
-�·--··• Miscellaneous
35 Enter the amount of the state volume cap allocated to the issue under section 141 (b)(5) 35 36a
(GIG).
Enter the
See
amount
instructions
of gross proceeds invested or to be invested in a guaranteed investment contract -36a b Enter the final maturity date of the GIC ► (MM/DD/YYYY) C Enter the name of the GIC provider ►
37 to
Pooled
other
financings:
governmental
Enter
units
the
.
amount of the proceeds of this issue that are to be used to make loans -37 38a If this issue is a loan made from the proceeds of another tax-exempt issue, check box ► D and enter the following information:
b Enter the date of the master pool bond► (MM/DD/YYYY) _______________ _ c Enter the EIN of the issuer of the master pool bond►------------------ d Enter the name of the issuer of the master pool bond► _________________ _ 39 If the issuer has designated the issue under section 265(b)(3)(B)(i)(III) (small issuer exception), check box ► 0 40 If the issuer has elected to pay a penalty in lieu of arbitrage rebate, check box . ► D 41a If the issuer has identified a hedge, check here► D and enter the following information:
b Name of hedge provider
► _______________ _
c Type of hedge►-------------------
d Term of hedge►--------------------
42 If the issuer has superintegrated the hedge, check box . ► D 43 If the issuer has established written procedures to ensure that all nonqualified bonds of this issue are remediated according to the requirements under the Code and Regulations (see instructions), check box . ► D 44 If the issuer has established written procedures to monitor the requirements of section 148, check box . ► D 45a If some portion of the proceeds was used to reimburse expenditures, check here ► D and enter the amount of reimbursement . . ►
b Enter the date the official intent was adopted ► (MM/DD/YYYY) ---------------
Signature
and
Consent
Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct, and complete. I further declare that I consent to the IRS's disclosure of the issuer's return information, as necessary to process this return, to the person that I have authorized above.
Paid
Preparer
Use Only
► Signature of issuer's authorized representative
PrinVType preparer's name I Preparer's signature
Firm's name ►
Firm's address ►
Date ► Andrew Espinoza Jr., Interim City Manager
Type or print name and title
I
Date I Check D if I
PTIN
self-employed
I Firm's EIN ►
I Phone no.
Form 8038-G (Rev. 10-2021)