Rialto City Council
March 22, 2022

Estimated Par Amount $5,020,000 1
A. True Interest Cost (TIC) of the Bonds 3.77% 1
B. Sum of all fees and charges paid to 3rd parties $269,064 2 C. Bond Proceeds Net of Reserves, Capitalized Interest and 3rd Party Fees and Charges $4,560,505
Net proceeds 5,213,837 1
Less Reserve Fund (384,268) 1 Less Sum of all fees and charges paid to 3rd parties (269,064) 1 Less Capitalized Interest 0 1
D. Total Payment Amount $9,288,779
Total Principal and Interest to Maturity** 9,026,018 1
Trustee Fee 82,500 3
Consultant Services 180,000 4
Auditor-Controller Fee 261 5
Sources:
1 Preliminary Cash Flows provided by Piper Sandler as of 3/7/22 2 Costs of Issuance
3 US Bank - 30 years at $2,750 per year
4 Webb - estimated 30 years at $6,000 per year
5 Webb - estimated 30 years at $8.70 per year
SB 450 Summary / Government Code 5852.1*
**Less Capitalized Interest
*Summary reflects good faith estimates as of 3/7/22 and all costs associated with the financing; subject to change based on interest rates, market conditions, and other factors City of Rialto
CFD No. 2019-2 (Foothill/Spruce)
2022 Special Tax Revenue Bonds