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Res19 15772
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Res19 15772
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Last modified
5/21/2019 5:20:52 PM
Creation date
5/21/2019 5:20:49 PM
Metadata
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
5/20/2019
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05/20/2019 <br />EXHIBIT A <br />GOOD FAITH ESTIMATES PURSUANT TO <br />GOVERNMENT CODE SECTION 5852.1 <br />Wastewater Revenue Notes, Series 2019A <br />Set forth below are good faith estimates of Fieldman, Rolapp & Associates, Inc., the <br />municipal advisor to Silicon Valley Clean Water, as required under Section 5852.1 of the <br />California Government Code (the "Code"). The following estimates have no bearing <br />on, and should not be misconstrued as, any not -to -exceed financial parameters <br />authorized by resolution. <br />(a) The true interest cost of the Notes is estimated at 2.17%, calculated as provided <br />in Section 5852.1(a) (1) (A) of the Code. <br />(b) The finance charge of the Notes, including all fees and charges paid to third <br />parties, is estimated at $755,245. <br />(c) Proceeds of the Notes allocated to the City for the sale of the Notes, including the <br />estimated principal amount of the proposed Notes of $124,100,000, plus the <br />proposed premium of $4,909,396, less the finance charges set forth in (b) above <br />and capitalized interest fund of $13,043,532, is equal to $115,210,619 (estimated <br />amount for the Project Fund). <br />(d) The total payment amount calculated as provided in Section 5852.1(a) (1) (D) of <br />the Code is estimated at $124,100,000 (does not include interest payable from the <br />capitalized interest fund referenced in section (c)). <br />The foregoing are estimates and the final costs will depend on market conditions and can <br />be expected to vary from the estimated amounts set forth above. <br />2019 WIFIA Loan <br />Set forth below are good faith estimates of Fieldman, Rolapp & Associates, Inc., the <br />municipal advisor to Silicon Valley Clean Water, as required under Section 5852.1 of the <br />Code. The following estimates have no bearing on, and should not be misconstrued <br />as, any not -to -exceed financial parameters authorized by resolution. <br />(a) The true interest cost of the loan is estimated at 2.86%, calculated as provided in <br />Section 5852.1(a) (1) (A) of the Code. <br />ATTY/RESO.0049/CC RESO AUTHORIZING EXECUTION & DELIVERY OF JOINT POWERS AGR —SVCA 2019 DEBT RESO. N0. 15772 <br />REV: OS -13-19 DZ MUFF NO. 304 <br />Page 4 of 5 <br />
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