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LAFCO
Local Agency Formation Commission
for the County of Los Angeles
10. LEGACY DEBT:
a. Do the predecessor agencies have any existing debt?
[RI Yes D No
If yes, briefly describe:
DEBT
CLWA
2008ACOPs $22,825,000
2014A Revenue Bonds $11,455,000
1999 COPs $63,355,635
2010A COPs $54,315,000
2015A Revenue Bonds $61,460,000
2016A-R Revenue Bonds $25,730,000
2016A-N Revenue Bonds $30,665,000
Subtotal $269,805,635
SCWD
2017 A Revenue Bonds $50,745,000
Subtotal $50,745,000
NCWD
2009 (2016) Municipal Leasing Assoc $496,185
2007 (2012) Municipal Leasing Assoc $2,846,150
2012 Municipal Finance Corp $631 ,063
Subtotal $3,973,398
vwc
Modern Woodmen Note Payable ** $24,000,000
Advances for Construction $8,209,000
Subtotal $32,209,000
Total Debt $356,733,033
** Refinanced in January 2018 through 2018A series taxable re.enue bonds
b. Will the new Agency area be liable for payment of this existing debt?
[RI Yes D No
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