Resolution Number SJCPFA 09-06-16-01RESOLUTION NO. SJCPFA 09-06-16-01
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SAN JUAN
CAPISTRANO PUBLIC FINANCING AUTHORITY, ADOPTING THE FISCAL
YEAR 2009/2010 BUDGET AND AUTHORIZING EXPENSES. AND
APPROPRIATIONS RELATED THERETO
WHEREAS, the Board of Directors of the San Juan Capistrano Public Financing
Authority held a public meeting to consider a proposed Budget beginning July 1, 2009 and
ending June 30, 2010; and,
WHEREAS, the proposed Fiscal Year 2009/2010 Budget reflects principal and
interest payments due on outstanding debt and other related costs deemed appropriate by
the Board of Directors; and,
WHEREAS, the Board of Directors intends to use the proposed Fiscal Year
2009/2010 Budget as a guide for allocating the Authorities resources; and,
WHEREAS, the Board of Directors recognizes that the proposed Fiscal Year
200912010 Budget may require adjustments from time to time, and accordingly, the
Executive Director is authorized to execute necessary transfers to carry out the scope of
service as approved.
NOW, THEREFORE, BE IT RESOLVED, that the San Juan Capistrano Public
Financing Authority Board of Directors does hereby adopt the proposed Fiscal Year
2009/2010 Operating Budget (Exhibit A) as detailed in the attached schedule and as
summarized below:
Year Ending June 30 Authorized Exenses
$2,720,063
PASSED, APPROVED, AND ADOPTED this 16th day of June 2010
ATTEST:
Lv��
MARGARET R. NAHAN, SECRETARY
1
MARK NIELSEN, CH IRMAN
6/16/2009
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF SAN JUAN CAPISTRANO )
I, MARGARET R. MONAHAN, appointed Secretary of the San Juan Capistrano Public
Financing Authority of the City of San Juan Capistrano, do hereby certify that the foregoing
Resolution No. SJCPFA 09-06-16-01 was duly adopted by the Board of Directors of the
San Juan Capistrano Public Financing Authority at a regular meeting thereof, held the 16th
day of June 2009 by the following vote:
AYES: DIRECTORS: Hribar, Allevato, Freese, Uso and Chairman Nielsen
NOES DIRECTORS: None
ABSENT: DIRECTORS: None
IVW
RGARET R. MWAHAN, 8ECRETARY
2 6/16/2009
Lease Revenue - City of SJC Water Enterprise:
Series .7002 Certificates of Participation
Series 2004 Certificates of Participation
Series 2009 Certificates of Participation
Interest Income.*
Series 2002 Certificates of Participation
Series 2004 Certificates of Participation
Series 2009 Certificates of Participation
Bond Proceeds - Series 2009
Certificates of Participation, Series 2002:
Principal
Interest
Administration
Amortization of COI
Certificates of Participation, Series 2004:
Principal
Interest
Administration
Amortization of COI
Certificates of Participation, Series 2009:
Principal
Interest
Administration
Bond Issuance
2002 BOND RESERVE
2004 BOND RESERVE
2008 BOND RESERVE
$ 625,939 $ 624,281 $ 629,179
1,348,298 1,350_ ,281 1,355,450
- 551,886
37,632 38,398 29,535
72,652 78,169 72,438
5137 20,548
1,133,236
$ 350,000 $
360,000
313,054
300,179
3,851
4,000
10,774
10,774
465,000
480,000
956,744
943,450
1,483
1,500
5,156
4,985
$ 404 $
87,895
311.350
(821,886)
Series 2002 Bond Reserve 697,737 697,737
Series 2004 Bond Reserve 1.475,487 1,475,487
Series 2008 Bond Reserve 821,886
0.78%
0.38%
-7
300
-100
370,000
2.78/0
286,214
-4.65%
5,000
25.00%
10,774
0.00%
495,000
3,13%
927,888
-1.65%
2,000
33.33%
4,985
0.000/0
0.00%
616,202
**'
2,000
"*
-100.00%
697,737
1,475,487
821,886