California Debt and Investment Advisory Commission

Draw on Reserve or Default Report

Chino CFD No 2006-2 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:  Chino CFD No 2006-2
County:  San Bernardino
Project:  D R Horton Arnel
Original Sale Date:  10/13/2006
CDIAC Number:  2006-0583
Type of Event:  Draw on Reserve
Date of Event:  9/2/2008
Amount Withdrawn:  $43,241.85
Contact:  Brian A. Buchanan, Wells Fargo Bank, NA
Phone Number:  (213) 614-3325

Comments:  
On September 2, 2008 an unscheduled draw was made on the reserve fund established for the $9,545,000 Community Facilities District No. 2006-2 of the City of Chino, 2006 Special Tax Bonds (the “Bonds”). The amount of the draw was $43,241.85 and the proceeds thereof were applied to the payment of debt service on the Bonds due September 2, 2008. As of the date hereof, the amount remaining in such reserve fund is $585,513.15.

Date Received:   10/8/2008
Date posted to this website:   Wednesday, October 08, 2008