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2001 RES R-79-01
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2001 RES R-79-01
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Exhibit A <br />City of Colton <br />Community Facilities District 90-1 <br />2001/02 Special Tax Levy <br />2001/02 Debt Service Requirements <br />Interest Due 3/1/2002 $96,375.00 <br />Interest Due 9/1/2002 96,375.00 <br />Principal Due 9/1/2002 651000.00 <br />Replenish Reserve Fund (0.00) <br />Less: Available Funds (14,100.00) <br />Total Debt Service Levy $243,650.00 <br />2001/02 Administrative Expenses <br />City Staff <br />$4,225.89 <br />Paying Agent (US Bank) <br />21900.00 <br />Legal Fees <br />0.00 <br />CFD Administrator <br />21379.00 <br />Arbitrage Rebate Calculation (2001/02) <br />10250.00 <br />Miscellaneous <br />298.97 <br />County Fee <br />1.20 <br />Less: Available Funds (10,700.00) <br />Total Administrative Expense Levy $355.06 <br />2001/02 Special Tax Requirement $244,005.06 <br />The following chart shows the Maximum Special Tax and the 2001/02 Special Tax based on the <br />budget. The 2001/02 Special Tax reflects a slight decrease from last year's special tax levy. <br />Property Classification <br />TRA 1 <br />TRA 2 <br />Maximum 2001/02 <br />Special Tax Special Tax <br />$500,000 $244,005.06 <br />$0 $0.00 <br />2001/02 2001/02 <br />Acres Total Revenue <br />4.98 $244,005.06 <br />2.54 0.00 <br />$244,005.06 <br />Prepared by Scott Associates July 9, 2001 <br />
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