Cities Index.
Attachment 1 - Good Faith Estimates

Lake Elsinore City Council
May 13, 2025

Document
Attachment 1 - Good Faith Estimates
Meeting
May 13, 2025
Body
Lake Elsinore City Council
Original file
61 KB
Text extracted from the city's file for reading and search. Open the original on lakeelsinore.primegov.com. That file is the official record.

GOOD FAITH ESTIMATES
The good faith estimates set forth herein are provided with respect to the Bonds in accordance with California Government Code Section 5852.1. Such good faith estimates have been provided to the City by Urban Futures, Inc., the City’s Municipal Advisor (the “Municipal Advisor”) in consultation with Stifel, Nicolaus & Company, Incorporated, the Underwriter for the Bonds.

CFD 2003-2-A CFD 2003-2-B CFD 2003-2-C CFD 2004-3-1 CFD 2004-3-2 Canyon Hills Canyon Hills Canyon Hills Rosetta Canyon Rosetta Canyon Par Amount $ 6,680,000 $ 10,870,000 $ 4,600,000 $ 12,020,000 $ 20,690,000 True Interest Cost 3.69% 4.03% 4.08% 3.73% 4.00%
Finance Charge $ 164,406 $ 264,864 $ 112,412 $ 296,223 $ 507,547 Amount of Proceeds Received $ 6,836,889 $ 11,198,266 $ 4,734,858 $ 12,353,531 $ 21,320,435 Total Payment Amount $ 8,611,894 $ 15,909,106 $ 6,862,722 $ 15,878,911 $ 30,070,628 CFD 2005-1 CFD 2005-2-A CFD 2005-6 CFD 2006-2
Authority
Bonds
Par Amount $ 4,815,000 $ 14,450,000 $ 1,715,000 $ 3,600,000 $ 79,440,000 True Interest Cost 3.78% 3.79% 3.79% 3.79% 3.90%
Finance Charge $ 118,548 $ 360,189 $ 44,328 $ 91,064 $ 1,959,581 Amount of Proceeds Received $ 4,949,156 $ 14,884,336 $ 1,764,111 $ 3,706,721 $ 81,748,303 Total Payment Amount $ 6,451,100 $ 19,593,361 $ 2,317,211 $ 4,880,250 $ 110,575,183

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