Draw on Reserve or Default Report
Grass Valley Capital Improvements Authority Marks-Roos Community Facilities Districts
This report is based on unaudited information reported to the California Debt and Investment Advisory Commission pursuant to Government Code Section 53359.5(c) from sources considered to be reliable. The Commission is not liable for inadvertent errors or omissions that are reported as part of these reports.
Issuer: Grass Valley Capital Improvements Authority
County: Nevada
Project: Whispering Pines/Morgan Ranch ReAD Series A
Original Sale Date: 7/26/2001
CDIAC Number: 2001-1518
Type of Event: Default
Date of Event: 9/2/2020
Amount of Default: $486,711.00
Contact: Rob Schmidt, NHA Advisors, LLC
Phone Number: (415) 785-2025
Comments:
The bonds are in default, and there is no revenue source to pay bondholders
Date Received:
Date posted to this website:
Wednesday, January 12, 2022