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
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