California Debt and Investment Advisory Commission

Draw on Reserve or Default Report

Murrieta CFD No 2001-1 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:  Murrieta CFD No 2001-1
County:  Riverside
Project:  Multiple Capital Improvements, Bluestone/Murrieta Highlands Imp. Area A, 2001 Bonds
Original Sale Date:  11/7/2001
CDIAC Number:  01-1746
Type of Event:  Draw on Reserve
Date of Event:  9/1/2006
Amount Withdrawn:  $48,321.37 (For Series 2001 and Series 2003 Bonds)
Contact:  Dave Onate
Phone Number:  (951) 587-3500

Comments:  
Draw on Reserve Fund due to delinquencies in the District. The City and its Special Tax Administrator will continue to monitor and pursue delinquencies. As of December 6, 2006, the delinquency rate has dropped to 4.49%.

Date Received:   11/27/2006
Date posted to this website:   Monday, December 18, 2006


Issuer:  Murrieta CFD No 2001-1
County:  Riverside
Project:  Multiple Capital Improvements, Bluestone/Murrieta Highlands Imp. Area A, 2003 Bonds
Original Sale Date:  7/15/2003
CDIAC Number:  03-1226
Type of Event:  Draw on Reserve
Date of Event:  9/1/2006
Amount Withdrawn:  $48,321.37 (For Series 2001 and Series 2003 Bonds)
Contact:  Dave Onate
Phone Number:  (951) 587-3500

Comments:  
Draw on Reserve Fund due to delinquencies in the District. The City and it’s Special Tax Administrator will continue to monitor and pursue delinquencies. As of December 6, 2006, the delinquency rate has dropped to 4.49%.

Date Received:   11/27/2006
Date posted to this website:   Monday, December 18, 2006