California Debt and Investment Advisory Commission

Draw on Reserve or Default Report

Calexico CFD No 2013-1 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:  Calexico CFD No 2013-1
County:  Imperial
Project:  IA No 1 Gran Plaza
Original Sale Date:  1/21/2014
CDIAC Number:  2013-2088
Type of Event:  Draw
Date of Event:  3/1/2021
Amount of Draw:  $181,840.63
Contact:  Scott Koppel, Koppel & Gruber Public Finance
Phone Number:  (760) 510-0290

Comments:  
The City paid only $89,991.59 of the bond payment that was due on March 1 in the total amount of $181,840.63. It is the City’s understanding the Bond trustee has made a draw on reserves to make the payment to the bond investors.

Date Received:  
Date posted to this website:   Wednesday, January 12, 2022