California Debt and Investment Advisory Commission

Draw on Reserve or Default Report

Agua Mansa Industrial Growth Assoc. CFD No. 89-1 Mello-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:  Agua Mansa Industrial Growth Assoc. CFD No. 89-1
County:  San Bernardino
Project:  Agua Mansa Industrial Center
Original Sale Date:  2/27/1992
CDIAC Number:  92-119
Type of Event:  Draw on Reserve
Date of Event:  9/1/2000
Amount Withdrawn:  $22,828.56
Contact:  Baxter J. Williams
Phone Number:  (909) 388-0888

Comments:  
The required balance of the Reserve Fund as of September 2, 2000 is $1,551,582 and the balance after the draw was $1,516,910.35. The draw was necessitated by a tax delinquency of an owner of developed property. The CFD will pursue appropriate remedies.

Date Received:   9/28/2000
Date posted to this website:   Tuesday, October 19, 2004