Tab_C-1Bill Lockyer
STATE OF CALIFORNIA State Treasurer and Chair
xa
CALIFORNIA DEBT AND INVESTMENT ADVISORY COMMISSION
915 CAPfI'OL MALL ROOM 400
PO BOX 942809
SACRAMENTO CA 94209-0001
TELEPHONE: (916) 653-3269
FAX: (916) 654-7440
July 9, 2010
TO: Laura A Gao
Orrick Herrington & Sutcliffe
777 S Figueroa St Ste 3200
Los Angeles, CA 90017
FROM: Hugo L6pez, Interim Executive Director
RE: ACKNOWLEDGEMENT OF REPORT OF PROPOSED DEBT ISSUANCE
California Government Code Section 8855 requires written notice to be given to the California Debt and
Investment Advisory Commission (CDIAC) no later than 30 days prior to the proposed sale of any public agency
debt issue.
CDIAC acknowledges your written notice of the following proposed debt issuance:
CDIAC Number:
Issuer:
Project:
Proposed Amount:
Proposed Sale Date:
Date Notice Recieved:
2010-0626
Rosemead Community Development Commission
Merged Area Series A
$12,000,000
July 06, 2010
May 25, 2010
Issuers may electronically file the Report of Final Sale through CDIAC's website, using the following information:
CDIAC Number: 2010-0626
Password: 25005530
A CDIAC Number and Password will be provided for each electronic filing of the Report of Proposed Debt
Issuance. This information is unique to this filing and must be used for any subsequent reporting under this CDIAC
Number.
Please submit the Report of Final Sale and the Official Statement/Offering Memorandum or other Bond Documents
in accordance with Government Code Section 8855 on this issue within 45 days of the signing of the bond purchase
contract or the acceptance of a bid to purchase the debt, to www.treasurer.ca.gov/cdiae/reporting,asp under the
heading "Reporting Forms". Official Statements/Offering Memorandums or other Bond Documents can be sent by
e-mail to CDIAC-issuance@treasurer.ca.gov.
Any questions regarding reporting requirements may be directed to CDIAC's Data Unit at (916) 653-3269.
Cc: Jeff Allred
City Manager
REPORT OF PROPOSED DEBT ISSUANCE
California Debt and Investment Advisory Commission
915 Capitol Mall, Room 400, Sacramento, CA 95814
P.O. Box 942809, Sacramento, CA 94209-0001
Tel.: (916) 653-3269 FAX: (916) 654-7440
For Office Use Only
CDIAC NO.:
Completion and timely submittal of this form to the California Debt and Investment Advisory Commission Received by CDIAC 5-25-2010
(CDIAC) at the above address will assure your compliance with existing California State law and will assist in
the maintenance of a complete database of public debt in California. Thank you for your cooperation. l
ISSUER NAME: Rosemead Community Development Commission
ISSUE NAME: Rosemead Community Development Commission Rosemead Merged Project Area Tax Allocation Bonds, Series 2010A
Please specify type/name of project: Series 2010A
PROPOSED SALE DATE: lulu 6, 2010 PRINCIPAL TO BE SOLD: $12,000,000
IS ANY PORTION OF THE DEBT FOR REFUNDING?2
® No ❑ Yes, proposed amount for refunding $
Issuer Contact:
Name: Jeff Allred
Title: City Manager
Address: City of Rosemead, 8838 E. Valley Blvd., Rosemead, California 91770
Phone: (626) 569-2106 Issuer Located In Los Angeles County
Filing Contact:: Name of Individual (representing: ® Bond Counsel, ❑ Issuer, ❑ Financial Advisor, or ❑ Lead Underwriter) who
completed this form and may be contacted for information:
Name: Laura A. Goo, Project Manager for William W. Bothwell, Esq.
Firm/Agency: Orrick, Herrington & Sutcliffe LLP
Address: 777 S. Figueora Street, Suite 3200, Los AnVeles, California 90017
Phone: (213) 612-2131 E-mail: leaonorrick.com
Send acknowledgement/copies to: Laura Goo
FINANCING PARTICIPANTS:
BOND COUNSEL: Orrick, Herrington & Sutcliffe LLP
FINANCIAL ADVISOR:
UNDERWRITER\PURCHASER: E.J. De La Rosa & Co., Inc.
IS THE INTEREST ON THE DEBT TAXABLE?
Under State law: ® NO (tax-exempt) ❑ YES (taxable)
Under Federal law: ® NO (tax-exempt) ❑ YES (taxable)
If the issue is federally tax-exempt, is interest a specific preference
item for the purpose of alternative minimum tax?
❑ Yes, preference item ® No, not a preference item
TYPE OF SALE: ❑ Competitive ® Negotiated
7 Section 88550 o/the C G - Code requires the issuer q/ any proposed na, 1 lic deht issue to gire written notice op; ' proposed sale to the CDIAC no later than 30
days prior to the sale. Under C ~,--d rnment Code Section 8855; "T' iss, r o) pul)lic deht issue shall, not later r 45 days after the signing q/ the Frond purchase
contr,rt in a negotiated or p, -te r ~5er the acceptance o/a hid ac( abet mit a report o/final sale , ' ement to the comm sion. The Commission
, n -avationtol S to/finals,'t',-t c
2 .Sectie,; 53583(c)(2)(B) o/t< C, `C t' t n ec , F p, s, L, or on a e,
uithia weeks after the l orr -DIAC 6-, , reaso 5 the le-1 delerl.-,od to sell Fronds at prate sale or on a o, t Fiasis ,.steed at
puhlie sale.
DO( SSI ~ 1:49,547.1
CDItyC: Report of Proposed Debt Issuance Page 2
TYPE OF DEBT INSTRUMENT
NOTE
❑ Bond anticipation (BAN)
❑ Grant obligation (GAN)
❑ Other note (Please specify below.) (OTHN)
❑ Revenue anticipation (RAN)
❑ Tax allocation (TALN)
❑ Tax and revenue anticipation (TRAN)
❑ Tax anticipation (TAN)
❑ Commercial paper (CP)
❑ Certificates of participation/leases (COPL)
❑ Other (Please specify below.) (OTH)
Please specify if "Other note/Other bond/Other" was checked:
BOND
❑ Conduit revenue (Private obligor) (CRB)
❑ General obligation (GOB)
❑ Limited tax obligation (LTOB)
❑ Other bond (Please specify below.) (OTHB)
❑ Public lease revenue (PLRB)
❑ Revenue (Pool) (RB)
❑ Revenue (Public enterprise) (PERB)
❑ Sales tax revenue (STRB)
❑ Special assessment (SAB)
® Tax allocation (TAB)
SOURCE(S) OF REPAYMENT
❑
Bond proceeds (BDPR)
❑
Property tax revenues (PRTX)
❑
General fund of issuing jurisdiction (GNFD)
❑
Public enterprise revenues (PER)
❑
Grants (GRNT)
❑
Sales tax revenues (SATR)
❑
Intergovernmental transfers other than grants (ITGN
❑
Special assessments (Sly)
❑
Local obligations (LOB)
❑
Special tax revenues (SPTR)
❑
Private obligor payments (POP)
®
Tax-increment (TI)
❑
Other (Please specify.) (OTHS):
PU
RPOSE(S) OF FINANCING
❑
Cash flow, interim financing (CFIF)
❑
Airport (yPRT)
❑
Project, interim financing (PIF)
❑
Bridges and highways (BRHI)
❑
Convention center (CCTR)
❑
College/ university housing (CUH)
❑
Equipment (EQUP)
❑
Multifamily housing (MFH)3
❑
Flood control/storm drainage (FLDS)
❑
Single-family housing (SFH)3
❑
Multiple capital improvements and public works (MCAP)
❑
Other capital improvements and public works (OCAP)
❑
Health care facilities (HCF)
❑
Parking (PRIG)
❑
Hospital (HOSP)
❑
Parks/open space (PRKO)
❑
Other/multiple health care purposes (equipment;
❑
Ports and marinas (PRTS)
etc.)(OMHC)
❑
Power generation/transmission (PWR)
❑
Prisons/jails/correctional facilities (PRSN)
❑
College/ university facility (CUE)
❑
Public building (PB)
❑
K-12 school facility (KSCH)
❑
Public transit (PTR)
❑
Other/multiple education uses (equipment, etc.)(OMED)
❑
Recreation and sports facilities (RCSP)
❑
Student loans (SLC)
❑
Seismic safety improvements/ repair (SSI)
❑
Solid waste recovery facilities (SWST)
®
Redevelopment, multiple uses (RD)
❑
Street construction and improvements (SCI)
❑
Wastewater collection and treatment (WSTW)
❑
Commercial development (CMDN~
❑
Water supply/storage/distribution (WTR)
❑
Industrial development (INDN~
❑
Pollution control (PC)
❑
Insurance/pension funds (IPF)
❑
Other than listed above (OTH)s
Please Specify type/name of project if different from above: Series 2010A
Certain localgorernment issuers of housing honde nre 1 ;red to ohtain a certification from the State Treasurer attesting to their compliance with the State housing reporting requirements
prior to issuance of the hands to finance single- or r ' housing.
DO( SSP 1:49, ,4.1