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AgdaPkt 2015-04-13 Closed and Joint SA and PFA REVISED 04_10_2015
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AgdaPkt 2015-04-13 Closed and Joint SA and PFA REVISED 04_10_2015
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Last modified
4/15/2015 8:11:02 AM
Creation date
4/9/2015 4:34:15 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
4/13/2015
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8.A. - Page 103 <br /> III.Enterprise Revenues <br /> The table below sets forth Enterprise revenues by customer type for the prior Fiscal Year. <br /> Enterprise Revenues by Customer Type <br /> Number of Consumption Percent of Total Total Percent of <br /> Accounts (CCF) Consumption Revenues Total Revenue <br /> Single-family <br /> Muliti-family <br /> Irrigation-Residential <br /> Subtotal <br /> Commercial <br /> Irrigation- <br /> Commercial <br /> Subtotal <br /> Fire Services&other <br /> Total <br /> IV.Debt Service Coverage <br /> The table below sets forth Enterprise revenues and expenses, debt service on the Bonds, and the resulting <br /> debt service coverage ratio for the prior Fiscal Year. <br /> Revenues,Expenses and Debt Service Coverage <br /> GROSS REVENUES <br /> Charges for services <br /> Non-operating Income <br /> TOTAL GROSS REVENUES <br /> MAINTENANCE AND OPERATION COSTS <br /> NET REVENUES AVAILABLE FOR DEBT SERVICE <br /> 2007 Installment Payments <br /> 2013 Installment Payments <br /> 2015 Installment Payments <br /> TOTAL DEBT SERVICE <br /> DEBT SERVICE COVERAGE <br /> V.No Default Certificate <br /> A certified statement of the City to the effect that no Event of Default (as defined in that certain <br /> Installment Purchase Contract, dated as of May 1, 2015, by and between the Authority and the City (the <br /> "Installment Purchase Contract") has occurred, or if an Event of Default has occurred, specifying the <br /> nature thereof and, if the City has a right to cure pursuant to Section 7.01 of the Installment Purchase <br /> Contract, stating in reasonable detail the measures, if any, being undertaken by the City to cure such <br /> Event of Default. <br /> VI.Insurance Compliance <br /> A certified statement of the City to the effect that all insurance required by the Installment Purchase <br /> Contract to be carried by the City with respect to the Enterprise is in full force and effect and complies <br /> with the terms of the Installment Purchase Contract. <br /> Appendix F <br /> Page 9 <br />
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