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ATTY/RESO.0048/PFA RESO WATER REVENUE REFUNDING BONDS <br />REV: 08-07-24 MI <br />Page 6 of 6 <br />EXHIBIT A <br /> <br />GOVERNMENT CODE SECTION 5852.1 DISCLOSURE <br /> <br />The following information consists of estimates that have been provided by the City’s municipal <br />advisor, which has been represented by such party to have been provided in 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 interest, if <br />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 respect <br />thereto may differ from such good faith estimates due to (a) the actual date of the sale of the <br />Bonds being different than the date assumed for purposes of such estimates, (b) the actual <br />principal amount of Bonds sold being different from the estimated amount used for purposes of <br />such estimates, (c) the actual amortization of the Bonds being different than the amortization <br />assumed for purposes of such estimates, (d) the actual market interest rates at the time of sale <br />of the Bonds being different than those estimated for purposes of such estimates, (e) other market <br />conditions, or (f) alterations in the City’s financing plan (including a refinancing of only a portion <br />of the 2013 Installment Payments), or a combination of such factors. The actual date of sale of <br />the Bonds and the actual principal amount of Bonds sold will be determined by the City based on <br />the timing of the need for proceeds of the Bonds and other factors. The actual interest rates borne <br />by the 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 sale <br />thereof. Market interest rates are affected by economic and other factors beyond the control of <br />the City. <br /> <br />8.A. - Page 116 of 255 <br />744