Total Estimated Par Amount $18,760,000
Total Estimated Net Premium or (Net Original Discount) ($296,703) Total Estimated Bond Proceeds $18,463,297
A. True Interest Cost (TIC) of the Bonds 5.39% 1
B. Sum of all fees and charges paid to 3rd parties $537,600 Cost of Issuance 350,000 1
Underwriter's Discount 187,600 1
C. Bond Proceeds Net of Reserves, Capitalized Interest and 3rd Party Fees and Charges $16,644,997
Bond proceeds 18,463,297 1
Less Reserve Fund (1,280,700) 1 Less Sum of all fees and charges paid to 3rd parties (537,600) 1 Less Capitalized Interest 0 1
D. Total Payment Amount $43,201,928
Total Principal and Interest to Maturity** 42,880,313 1 Fiscal Agent Fee 105,000 2
Tax Consultant Fee 210,000 3
Auditor-Controller Fee 6,615 4
Sources:
1 Preliminary Cash Flows from Piper Sandler & Co. with market rates as of 5/6/25 plus 25 bps 2 Per U.S. Bank, estimated 35 years at $3,000 per year
3 Per Webb, estimated 35 years at $6,000 per year
4 Per Webb, estimated 35 years at $189 per year
City of Rialto
CFD No. 2020-1 (El Rancho Verde)
Special Tax Bonds, Series 2025
SB 450 Summary / Government Code 5852.1*
*Summary reflects good faith estimates as of 5/6/2025 and all costs associated with the financing; subject to change based on interest rates, market conditions, and other factors. Estimates do not impose any limitations or constraints upon authorized parameters, which differ from the estimates above ** Less Capitalized Interest, if any
FIELDMAN I ROLAPP
& ASSOCIATES