Rancho California Water District - Fitch Research

Rancho California Water District

Rancho California Water District - Fitch Research
Rancho California Water District
Published Sep 16, 2019
5 pages (3413 words) — Published Sep 16, 2019
Price US$ 400.00  |  Buy this Report Now

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Brief Excerpt:

... Water District Financing Authority (the authority) Tax-Exempt Fixed-Rate Refunding Revenue Bonds, Series 2019A, to sell via negotiation on or about Sept. 19. Security: Bonds issued by the authority and payable from installment payments made by the Rancho California Water District (the district) from net revenues of its water and sewer system, including ad valorem taxes and assessments. The district's obligation to make installment payments is absolute and unconditional as governed by the installment purchase agreement between the district and the authority. Purpose: A portion of bond proceeds, with certain amounts transferred from the district: to refund and redeem the authority's outstanding revenue bonds, series 2010A (federally taxable Build America Bonds), and all or a portion of the authority's taxable refunding revenue bonds, series 2016C, as well as to pay issuance costs. Final Maturity: Aug. 1, 2040....

  
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MLA:
Fitch Research. "Rancho California Water District" Sep 16, 2019. Alacra Store. May 14, 2025. <http://www.alacrastore.com/fitch-credit-research/Rancho-California-Water-District-RPT_10085729>
  
APA:
Fitch Research. (2019). Rancho California Water District Sep 16, 2019. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/fitch-credit-research/Rancho-California-Water-District-RPT_10085729>
  
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