Page 350 - 2022-23 Blue Book Vol 2
P. 350

Capital Finance Administration Fund


            22.    MICLA  Lease  Revenue  Refunding  Bonds,  Series  2021-A  (Capital  Equipment  and Real  Property)
                   (Taxable)

                   The proceeds of these taxable bonds were used to advance refund the MICLA Lease Revenue Bonds, Series
                   2014-A  (Real  Property),  MICLA  Lease  Revenue  Refunding  Bonds,  Series  2014-B  (Real  Property),  MICLA
                   Lease Revenue Bonds, Series 2019-A (Capital Equipment), and MICLA Lease Revenue Refunding Bonds,
                   Series 2019-B (Real Property).

                   Lessor:  Municipal Improvement Corporation of Los Angeles
                   Amount of Principal:                                $  177,470,000
                   Principal Outstanding, July 1, 2022:                   172,405,000
                   Final Payment:                                             2038-39

                   2022-23 MICLA 2021-A (Capital Equipment & Real Property) Lease Payment   $      21,995,050


            23.    MICLA Lease Revenue Refunding Bonds, Series 2021-B (Capital Equipment and Real Property)
                   The proceeds of these bonds were used to refund the MICLA Lease Revenue Bonds, Series 2019-A (Capital
                   Equipment) and MICLA Lease Revenue Refunding Bonds, Series 2019-B (Real Property).
                   Lessor:  Municipal Improvement Corporation of Los Angeles
                   Amount of Principal:                                $    60,481,000
                   Principal Outstanding, July 1, 2022:                     60,481,000
                   Final Payment:                                             2038-39

                   2022-23 MICLA 2021-B (Capital Equipment & Real Property) Lease Payment   $        3,024,050


            24.    MICLA Lease Revenue Bonds, Series 2021-C (Capital Equipment and Real Property)
                   The  proceeds  of  this  issuance  were  used  to  refinance  the  MICLA  Commercial  Paper  notes  borrowed  to
                   acquire various capital equipment and real property and for capital improvements to various City facilities.
                   Lessor:  Municipal Improvement Corporation of Los Angeles
                   Amount of Principal:                                $  154,205,000
                   Principal Outstanding, July 1, 2022:                   154,205,000
                   Final Payment:                                             2041-42

                   2022-23 MICLA 2021-C (Capital Equipment & Real Property) Lease Payment   $      15,261,625


            25.    Debt Service on Economic and Workforce Development Department (EWDD) Projects
                   This item reflects annual  debt service payments on three  projects: Chesterfield Square (C.F. 00-1579-S2),
                   Lawry’s California Center (C.F. 98-1953), and Plaza Pacoima (C.F. 08-1811). Administration of these projects
                   remains with EWDD.

                   2022-23 Debt Service on EWDD Projects:                                                   $           1,369,316

            26.    Refinancing of Parking Revenue Bonds (Lease Revenue Notes)

                   In November 2013, MICLA Commercial Paper notes were issued to redeem the 1999-A and 2003-A Parking
                   Revenue Bonds. Lease payments are paid from the Special Parking Revenue Fund (Schedule 11).

                   2022-23 Commercial Paper Lease Payment:                                  $        4,181,002












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