Page 16 - Moreno Valley 2025 Bonded Debt Summary
P. 16
2016 COMMUNITY FACILITIES
DISTRICT 7 IMPROVEMENT AREA 1 (CFD 7 IA 1)
DESCRIPTION
The CFD 7 IA-1 bonds funded the construction of flood-control improvements needed to develop property located
within the CFD 7. (For a map of the district, please refer to the Investor Relations webpage on the City’s website).
ORIGINAL ISSUE AMOUNT
$3,265,000
ISSUANCE DATE
09/15/2016
REPAYMENT SOURCES
Special Taxes levied on the affected parcels within the district.
MATURITY DATE
09/01/2047
OUTSTANDING BALANCE
at June 30, 2025: $2,715,000

