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ATTY/RESO.0049/CC RESO REFUNDING WATER BONDS <br />REV: 08-08-24 MI <br />Page 6 of 6 <br />EXHIBIT A <br /> <br />GOVERNMENT CODE SECTION 5852.1 DISCLOSURE <br /> <br /> <br />The following information consists of estimates that have been provided by the City’s <br />municipal advisor, which has been represented by such party to have been provided in <br />good faith: <br /> <br />(A) True Interest Cost of the Bonds: 2.95%. <br /> <br />(B) Finance Charge of the Bonds (Sum of all fees paid to third parties): $246,3134.15. <br /> <br />(C) Net Proceeds to be Received (net of finance charges, reserves and capitalized <br />interest, if any): $14,745,000. <br /> <br />(D) Total Payment Amount Through Maturity: $18,612,075.00. <br /> <br />The principal amount of the Bonds, the true interest cost of the Bonds, the finance charges <br />thereof, the amount of proceeds received therefrom and total payment amount with <br />respect thereto may differ from such good faith estimates due to (a) the actual date of the <br />sale of the Bonds being different than the date assumed for purposes of such estimates, <br />(b) the actual principal amount of Bonds sold being different from the estimated amount <br />used for purposes of such estimates, (c) the actual amortization of the Bonds being <br />different than the amortization assumed for purposes of such estimates, (d) the actual <br />market interest rates at the time of sale of the Bonds being different than those estimated <br />for purposes of such estimates, (e) other market conditions, or (f) alterations in the City’s <br />financing plan (including a refinancing of only a portion of the 2013 Installment Payments), <br />or a combination of such factors. The actual date of sale of the Bonds and the actual <br />principal amount of Bonds sold will be determined by the City based on the timing of the <br />need for proceeds of the Bonds and other factors. The actual interest rates borne by the <br />Bonds will depend on market interest rates at the time of sale thereof. The actual <br />amortization of the Bonds will also depend, in part, on market interest rates at the time of <br />sale thereof. Market interest rates are affected by economic and other factors beyond the <br />control of the City. <br />8.A. - Page 110 of 255 <br />738