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HomeMy WebLinkAbout2013-01-08; City Council; 21106; Refunding Poinsettia Lane East and College Boulevard and Cannon Road East Benefit Area No 1 Assessment District Bond IssuesCITY OF CARLSBAD - AGENDA BILL 27 AB# 21,106 REFUNDING OF THE POINSETTIA LANE EAST AND COLLEGE BOULEVARD & CANNON ROAD EAST (BENEFIT AREA NO. 1) ASSESSMENT DISTRICT BOND ISSUES DEPT. DIRECTOR dL. MTG, 01/08/13 REFUNDING OF THE POINSETTIA LANE EAST AND COLLEGE BOULEVARD & CANNON ROAD EAST (BENEFIT AREA NO. 1) ASSESSMENT DISTRICT BOND ISSUES CITY ATTORNEY 1^ DEPT. FIN REFUNDING OF THE POINSETTIA LANE EAST AND COLLEGE BOULEVARD & CANNON ROAD EAST (BENEFIT AREA NO. 1) ASSESSMENT DISTRICT BOND ISSUES CITY MANAGER ^ 2013-022 declaring the intention to levy reassessments and RECOMMENDED ACTION: Adopt Resolution No. issue refunding bonds. Adopt Resolution No. 2013-023 adopting the reassessment report, confirming and ordering the reassessment by summary proceedings, and authorizing and directing related actions. Adopt Resolution No. 2013-024 authorizing the issuance of refunding bonds, approving and authorizing related documents and actions, and directing the disposition of the balance in the construction fund of Assessment District No. 2002-01. ITEM EXPLANATION: Periodically the city has issued tax exempt bonds to finance the construction of public infrastructure such as roadways, utilities, and other appurtenances in certain areas of the city. Each bond issue was priced and sold at the most favorable interest rates available at the time the bonds were taken to market. As interest rates rise and fall In the general economy, they also rise and fall in the public finance market. When interest rates fall sufficiently below the rates at which a bond issue was originally sold, it may be in the best interest of the city to refinance the applicable bond issues through a refunding. A refunding is similar to refinancing a home in that the old debt is paid off, or satisfied in some manner, and the new loan, with its lower interest rates and annual debt service payments, is carried forward (though the maturity date is not extended). There are currently two debt issues which are good candidates for refunding due to decreases in interest rates: 1. Assessment District No. 2002-01 (Poinsettia Lane East), and 2. Assessment District No. 2003-01 - Benefit Area No. 1 (College Boulevard and Cannon Road East). The potential savings by refunding these two debt issues will be discussed in the Fiscal Impact section below. Actual savings will be dependent on market conditions when the refunding bonds are issued. DEPARTMENT CONTACT: Aaron Beanan 760-602-2430 aaron.beanan(@carlsbadca.aov FOR CITY CLERKS USE ONLY. X COUNCIL ACTION: APPROVED X CONTINUED TO DATE SPECIFIC • DENIED X CONTINUED TO DATE UNKNOWN • CONTINUED • RETURNED TO STAFF • WITHDRAWN • OTHER-SEE MINUTES • AMENDED • Page 2 Council is being asked to declare its intention to levy reassessments, approve a Reassessment Engineer's Report, issue refunding bortds, approve the form of the refunding documents, and allow staff to proceed with the sale of the refunding bonds. Some of the more important documents Council is being asked to approve are as follows: • Reassessment Engineer's Report - This report has been prepared by NBS Government Finance Group, the consulting engineer, and reflects the amount of the assessment which shall be placed on each parcel within the reassessment district and the method by which the reassessment has been spread. • Preliminary Official Statement - This is the document, prepared by Stradling Yocca Carlson & Rauth, which will be provided to prospective buyers of the reassessment bonds to provide information about the reassessment district, the reassessment bonds, the city, and other information necessary to make an informed investment decision. • Bond Purchase Agreement - This agreement specifies the conditions under which the underwriter. Stone & Youngberg, LLC, will purchase the reassessment bonds. • Continuing Disclosure Agreement - This agreement spells out the city's ongoing responsibility to provide information to investors. • Bond Indenture - This agreement identifies the ongoing responsibilities of the city and its trustee. The Bank of New York Trust Company, N.A., with regard to the payment of principal and interest to the bond holders, as well as other related matters. • Escrow Agreement - This agreement provides instructions to the city's escrow agent, The Bank of New York Trust Company, N.A., with regard to how to hold and distribute the proceeds of the refunding bonds. According to the current refunding schedule, final bond pricing will occur in mid-January, 2013 and closing will occur in late January, 2013. Staff recommends that Council adopt the attached resolutions which will allow the sale of refunding bonds for the Poinsettia Lane East and College Boulevard & Cannon Road East - Benefit Area No. 1 assessment districts. Adopting the resolutions will also enable surplus construction funds in Assessment District No. 2002-01 (Poinsettia Lane East) to be deemed surplus and applied as a credit towards the refunding bonds. Using the surplus construction funds towards the refunding decreases the amount of refunding bonds necessary to refund the existing districts. These actions will save affected property owners money each year over the life of the refunding bonds. FISCAL IMPACT: Pursuant to Streets & Highways Code Section 9525 of the Refunding Act of 1984 for 1915 Improvement Act Bonds, the issuance of refunding bonds is contingent on satisfaction of the following three requirements: 1. Each estimated annual installment of principal and interest on the reassessment is less than the corresponding annual Installment of principal and interest on the portion of the original assessment being superseded and supplanted (i.e. each property will receive savings in each year), and z Page 3 2. The number of years to maturity of all refunding bonds is not more than the number of years to the last maturity of the bonds being refunded (i.e. the maturity date isn't increased), and 3. The principal amount of the reassessment on each subdivision of land within the district is less than the unpaid principal amount of the portion of the original assessment being superseded and supplanted by the same percentage for each subdivision of land within the district (i.e. the assessment liens will be decreased). As shown in the Reassessment Engineer's Report, all three requirements have been satisfied. Refunding bonds can be issued if Council also finds these conditions have been satisfied by approving the attached resolutions. Staff recommends approval of the attached resolutions. Refunding Assessment District No. 2002-01 (Poinsettia Lane East) and Assessment District No. 2003-01 - Benefit Area No. 1 (College Boulevard and Cannon Road East) will lower the annual cost to property owners within both districts beginning in Fiscal Year 2013-14. The estimated range in savings shown in Table 2 is based on the projected minimum savings numbers used in the Reassessment Engineer's Report. The minimum savings numbers are derived from an average interest rate of 4.80 percent which is higher than current market rates. The market rates are approximately 4.17 percent as of 12/19/12. Using an interest rate sufficiently higher than the current market rates allows the city to determine the minimum acceptable savings threshold. As such, the estimated annual savings ranges could improve at bond issuance if market rates remain steady. Table 1 below shows the estimated percentage savings of refunded bonds given the average interest rate and the current market rates discussed above. TABLE 1 - Estimated Percentage Savings of Refunded Bonds Interest Rate Percentage Savings of Refunded Bonds^ 4.80% -3% 4.17% -9% 1. The percentages tiave been rounded to the nearest whole number. The numbers shown in Table 1 above are preliminary and subject to change. The actual rates will be determined when refunding bonds are issued. Table 2 on the following page details the estimated range in savings based on the project minimum savings numbers used in the Reassessment Engineer's Report and an average interest rate of 4.80 percent. TABLE 2 - Estimated Annual Savings Rang es for Property Owners Reassessment District 2012-1 Minimum Maximum^ Average Residential Poinsettia Lane Zone $75 $13,750 $179 College/Cannon - BA No. 1 Zone $115 $220 $177 2. The estimated numbers shown In the table are based on the following information/assumptions: A) The amounts shown in the table do not Include administrative costs of ~$11 for comparison purposes; B) Numbers have been rounded to the nearest whole dollar; and 0) The FY 12-13 levy amounts were compared with the "typical estimated levy" in the proposed Reassessment District No. 2012-1. The maximum estimated savings are so high in the Poinsettia Lane Zone due to several large commercial properties (e.g. Bressi Ranch Village Center) whose proportional assessments are significantly greater than an average single family home. Page 4 The potential savings estimated above by refunding the Assessment District No. 2002-01 (Poinsettia Lane East) and Assessment District No. 2003-01 - Benefit Area No. 1 (College Boulevard and Cannon Road East) debt issues are estimates based on the expected minimum savings as delineated in the Reassessment Engineer's Report. Actual savings will be dependent on market conditions when the refunding bonds are issued. The city is not obligated in any manner to pay any costs related to the refunding bonds. Costs of issuance are contingent on the sale of the refunding bonds and will be paid as part of the proceeds from the sale. The obligation for repayments rests solely with the property owners within the reassessment district. ENVIRONMENTAL IMPACT: Pursuant to Public Resources Code section 21065, this action does not constitute a "project" within the meaning of CEQA in that it has no potential to cause either a direct physical change in the environment, or a reasonably foreseeable indirect physical change in the environment, and therefore does not require environmental review. EXHIBITS: 1. Resolution No. 2013-022 declaring the intention to levy reassessments and issue refunding bonds. 2. Resolution No. 2013-023 adopting the reassessment report, confirming and ordering the reassessment by summary proceedings, and authorizing and directing related actions. 3. Resolution No. 2013-024 authorizing the issuance of refunding bonds, approving and authorizing related documents and actions, and directing the disposition of the balance in the construction fund of Assessment District No. 2002-01. 4. Preliminary Official Statement including Continuing Disclosure Agreement. 5. Refunding Documents are on File with the City Clerk: a. Reassessment Report, b. Indenture, c. Escrow Agreement, and d. Bond Purchase Agreement. Exhibit 1 RESOLUTION NO. 2013-022 1 2 A RESOLUTION OF THE CITY COUNCIL OF THE 3 CITY OF CARLSBAD, CALIFORNIA, DECLARING 4 THE INTENTION TO LEVY REASSESSMENTS AND 5 ISSUE REFUNDING BONDS 6 7 8 9 WHEREAS, the City Council (the "City Council") of the City of Carlsbad (the 10 "City") has previously formed its Assessment District No. 2002-01 (Poinsettia Lane 11 East) ("Assessment District No. 2002-01") and Benefit Area No. 1 of Assessment 12 District No. 2003-01 (College Boulevard and Cannon Road East) (Calavera Hills II) 13 ("Benefit Area No. 1" and, together with Assessment District No. 2002-01, the 14 "Assessment Districts", each an "Assessment District") and confirmed assessments on 15 the various parcels located therein to pay the costs of certain improvements of special 16 local benefit to said parcels (the "Assessments"), all pursuant to the Municipal 17 Improvement Act of 1913 (Division 12 of the Streets and Highways Code of California; 18 and 19 WHEREAS, the City Council has previously caused bonds to be issued on behalf 20 of the Assessment Districts (the "Prior Bonds") pursuant to the provisions of the 21 Improvement Bond Act of 1915 (Division 10 of the Streets and Highways Code of 22 California) (the "1915 Act") in order, among other things, to finance the costs of the 23 aforesaid improvements; and 24 WHEREAS, the Prior Bonds are secured by the unpaid Assessments; and 25 WHEREAS, in order to benefit taxpayers within the Assessment Districts by 26 reducing the amount of the installments of the Assessments being levied each year on 27 the parcels within the Assessment Districts, the public interest and necessity require 28 that the outstanding Prior Bonds be refunded, and the City Council intends to 29 accomplish the refunding through the levy of reassessments and the issuance of 30 refunding bonds upon the security thereof; 5 Exhibit 1 1 NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of 2 Carlsbad as follows: 3 1. The above recitals, and each of them, are true and correct. 4 2. It is the intention of the City Council to refund the outstanding Prior Bonds 5 and to levy reassessments as security for refunding bonds as hereinafter provided 6 pursuant to the Refunding Act of 1984 for 1915 Improvement Act Bonds (Division 11.5, 7 commencing with Section 9500, of the Streets and Highways Code of California) (the 8 "Act"). 9 3. The contemplated reassessments and refunding, in the opinion of the City 10 Council, are of more than local or ordinary public benefit, and the costs and expenses 11 thereof are made chargeable upon the Assessment Districts, the exterior boundaries of 12 which are shown on a reassessment diagram thereof heretofore filed in the office of the 13 City Clerk, and to be filed in the office of the County Recorder of the County of San 14 Diego, to which reassessment diagram reference is hereby made for further particulars 15 and which shall hereafter be called the "City of Carlsbad Reassessment District No. 16 2012-1" (the "Reassessment District"). The reassessment diagram indicates by a 17 boundary line the extent of the territory included in the Reassessment District and shall 18 govern for all details as to the extent thereof. 19 4. The firm of NBS, a qualified firm employed by the City for the purpose 20 hereof (the "Reassessment Consultant") is hereby authorized and directed to make and 21 file with the City Clerk a written report containing the following. 22 (a) A schedule setting forth the unpaid principal and interest on the 23 Prior Bonds to be refunded and the total amounts thereof; 24 (b) The total estimated principal amount of the reassessment and of the 25 refunding bonds and the maximum interest rate thereon, together with an estimate of Exhibit 1 1 cost of the reassessment and of issuing the refunding bonds, including all costs of 2 issuing the refunding bonds, as defined by subdivision (a) of Section 9600 of the Act; 3 (c) The auditor's record kept pursuant to Section 8682 of the Streets 4 and Highways Code of California showing the schedule of principal installments and 5 interest on all unpaid original assessments and the total amounts thereof; 6 (d) The estimated amount of each reassessment, identified by 7 reassessment number corresponding to the reassessment number on the reassessment 8 diagram, together with a proposed auditor's record for the reassessment prepared in the 9 manner described in said Section 8682; and 10 (e) A reassessment diagram showing the Reassessment District and 11 the boundaries and dimensions of the subdivisions of land withjn the Reassessment 12 District (each subdivision, including each separate condominium interest as defined in 13 Section 783 of the Civil Code of California, to be given a separate number upon the 14 diagram). 15 5. The provisions of Part 11.1 of the 1915 Act, providing for an alternative 16 procedure for the advance payment of reassessments and the calling of bonds, shall 17 apply to refunding bonds issued pursuant to proceedings under this Resolution. 18 6. It is the intention of the City Council to create a special reserve fund with 19 respect to the refunding bonds pursuant to and as authorized by Part 16 of the 1915 Act, 20 and the amount to be deposited into said fund shall be included in the reassessment. 21 7. Stradling Yocca Carlson & Rauth, a Professional Corporation, Newport 22 Beach, California, is hereby appointed as bond counsel and disclosure counsel for the 23 purpose of the reassessment and refunding proceedings; Fieldman, Rolapp & 24 Associates, Irvine, California, is hereby appointed financial advisor for the refunding 1 Exhibit 1 1 bonds; Stifel Nicolaus & Company, Incorporated, doing business as Stone & Youngberg, 2 a Division of Stifel Nicolaus is hereby appointed as undenwriter for the refunding bonds; 3 and the fees of such firms shall be fixed in the proceedings and shall be paid only upon 4 the successful completion of the proposed reassessment and refunding and from the 5 proceeds of the refunding bonds. 6 // 7 // 8 // 9 // 10 // 11 // 12 // 13 // 14 // 15 // 16 // 17 // 18 // 19 // 20 // 21 // 22 // 23 // 24 25 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 PASSED, APPROVED AND ADOPTED at a Regular Meeting ofthe City Council of the City of Carlsbad on the 8**^ day of January, 2013, by the following vote to wit: AYES: NOES: Council Members Hall, Packard, Wood, Blackburn and Douglas. None. ABSENT: None. MATT HALL, Mayor ATTEST: Istant City Clerk (SEAL) 1 Exhibit 2 RESOLUTION NO. 2013-023 2 A RESOLUTION OF THE CITY COUNCIL OF THE 3 CITY OF CARLSBAD, CALIFORNIA, ADOPTING THE 4 REASSESSMENT REPORT, CONFIRMING AND 5 ORDERING THE REASSESSMENT BY SUMMARY 6 PROCEEDINGS, AND AUTHORIZING AND 7 DIRECTING RELATED ACTIONS 8 — 9 10 11 WHEREAS, the City Council (the "City Council") of the City of Carlsbad (the 12 "City") has previously formed its Assessment District No. 2002-01 (Poinsettia Lane 13 East) ("Assessment District No. 2002-01") and Benefit Area No. 1 of Assessment 14 District No. 2003-01 (College Boulevard and Cannon Road East) (Calavera Hills II) 15 ("Benefit Area No. 1" and, together with Assessment District No. 2002-01, the 16 "Assessment Districts", each an "Assessment District"), and confirmed assessments on 17 the various parcels located therein to pay the costs of certain improvements of special 18 local benefit to said parcels (the "Assessments", each an "Assessment"), all pursuant to 19 the Municipal Improvement Act of 1913 (Division 12 of the Streets and Highways Code 20 of California; and 21 WHEREAS, the City Council has previously caused bonds to be issued on behalf 22 of the Assessment Districts (the "Prior Bonds") pursuant to the provisions of the 23 Improvement Bond Act of 1915 (Division 10 of the Streets and Highways Code of 24 California) (the "1915 Act") in order, among other things, to finance the costs of the 25 aforesaid improvements; and 26 WHEREAS, the Prior Bonds are secured by the unpaid Assessments; and 27 WHEREAS, the City Council has previously adopted its "Resolution of the 28 Council of the City of Carlsbad Declaring its Intention to Levy Reassessments and to 29 issue Refunding Bonds" (the "Resolution of Intention") in and for the "City of Carlsbad ID Exhibit 2 1 Reassessment District No. 2012-1" (the "Reassessment District") in which it determined 2 that, in order to benefit taxpayers within the Assessment Districts, which are 3 encompassed by the Reassessment District, by reducing the amount of the installments 4 of the Assessments being levied each year on the parcels within the Assessment 5 Districts, the public interest and necessity required that the outstanding Prior Bonds be 6 refunded, and in which the City Council declared its intention to accomplish the 7 refunding through the levy of reassessments and the issuance of refunding bonds upon 8 the security thereof, all under and pursuant to the Refunding Act of 1984 for 1915 9 Improvement Act Bonds (Division 11.5, commencing with Section 9500, of the Streets 10 and Highways Code of California) (the "Act"); and 11 WHEREAS, among other things, in the Resolution of Intention, the City Council 12 directed the making and filing of a reassessment report (the "Report") in writing, all in 13 accordance with and pursuant to the Act; and 14 WHEREAS, the Report was duly made and filed with the City Clerk and has 15 been duly considered by the City Council and found to be sufficient in every particular; 16 NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of 17 Carlsbad as follows: 18 1. The above recitals, and each of them, are true and correct. 19 2. Pursuant to Section 9525 of the Act, and based upon the Report, the City 20 Council finds that all of the following conditions are satisfied: 21 (a) Each estimated annual installment of principal and interest on the 22 reassessment for properties within the Assessment Districts as set forth in the Report is 23 less than the corresponding annual installment of principal and interest on the portion of 24 the original Assessment being superseded and supplanted as also set forth in the W Exhibit 2 1 Report, by the same percentage for ali subdivisions of land within the applicable 2 Assessment District; 3 (b) The number of years to maturity of all refunding bonds proposed to 4 be issued is no more than the number of years to the last maturity of the Prior Bonds; 5 and 6 (c) The principal amount of the reassessment on each subdivision of 7 land within an Assessment District is less than the unpaid principal amount of the portion 8 of the original Assessment being superseded and supplanted by the same percentage 9 for each subdivision of land in such Assessment District. (For the purpose hereof, the 10 term "unpaid" shall not include installments which are posted to the tax roll for fiscal year 11 2012-13.); 12 3. The public interest, convenience and necessity require that the 13 reassessment be made as described in the Report. 14 4. Based upon the findings set forth above, and pursuant to and In 15 accordance with Section 9525 of the Act, the Report and each element thereof is 16 approved and confirmed without further proceedings, including the conduct of a public 17 hearing under the Act. 18 5. The reassessment, including all costs and expenses thereof, is hereby 19 approved, confirmed and levied, provided that the City Treasurer is hereby authorized 20 and directed to take certain actions with respect thereto as set forth in Section 8. 21 6. The City Clerk and other appropriate officer or officers of the City are 22 hereby authorized and directed to carry out the following, including the payment of any 23 and all fees required by law in connection therewith: Exhibit 2 1 (a) Deliver the reassessment to the official of the City who is its 2 Superintendent of Streets, together with the reassessment diagram, as approved and 3 confirmed hereby, with a certificate of such confirmation and of the date hereof, 4 executed by the City Clerk, attached thereto, whereupon the Superintendent of Streets 5 shall record each of the reassessments and the reassessment diagram in a suitable 6 book to be kept for that purpose and append thereto a certificate of the date of such 7 recording, and such recordation shall be and constitute the applicable reassessment roll. 8 (b) File and record, respectively, the reassessment diagram and a 9 notice of reassessment in substantially the form specified by Section 3114 of the Streets 10 and Highways Code of California and executed by the City Clerk in the office of the 11 County Recorder of the County of San Diego (the "County"). 12 (c) Provide a copy of this resolution to the Auditor of the County at the 13 time of the delivery of the debt service records for the refunding bonds secured by the 14 reassessments. 15 7. The City Treasurer shall keep the record showing the several installments 16 of principal and interest on the reassessments which are to be collected each fiscal year 17 during the term of the refunding bonds. An annual apportionment of each 18 reassessment, together with annual interest on said reassessment, shall be payable in 19 the same manner and at the same time and in the same installments as the general 20 fund ad valorem property taxes and shall be payable and become delinquent at the 21 same time and in the same proportionate amount; provided that any reassessments on 22 possessory interests shall be collected on the unsecured tax roll and shall be payable 23 and become delinquent at the same time as other taxes levied on said unsecured roll. 24 Each year the annual installments shall be submitted to the County Auditor for purposes 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 Exhibit 2 of collection, and the County Auditor shall, at the close of the tax collecting period, promptly render to the City Treasurer a detailed report showing the amount of such installments, interest, penalties and percentages so collected 8. The City Treasurer is authorized and directed to: (a) revise the Report to reduce the applicable reassessments, as confirmed pursuant hereto if and to the extent necessary so that the aggregate amount thereof does not exceed the initial principal amount of the refunding bonds, (b) amend the reassessment and reassessment diagram to reflect such reductions, and (c) promptly record the reassessment, together with the reassessment diagram, as so amended, in the office of the person acting as the Superintendent of Streets of the City; and immediately thereafter, a copy of the reassessment diagram, as so amended, shall be filed in the office of the County Recorder and a Notice of Reassessment, referring to the reassessment diagram, shall be recorded in the office of the County Recorder, all pursuant to the provisions of Division 4.5 of the Streets and Highways Code of California. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council of the City of Carlsbad on the 8*^ day of January, 2013, by the following vote to wit: AYES: NOES: Council Members Hall, Packard, Wood, Blackburn and Douglas. None. ABSENT: None. MATT HALL, Mayor ATTEST: (SEAL) Exhibit 3 RESOLUTION NO. 2013-024 1 2 A RESOLUTION OF THE CITY COUNCIL OF THE 3 CITY OF CARLSBAD, CALIFORNIA, AUTHORIZING 4 THE ISSUANCE OF REFUNDING BONDS, 5 APPROVING AND AUTHORIZING RELATED 6 DOCUMENTS AND ACTIONS, AND DIRECTING THE 7 DISPOSITION OF THE BALANCE IN THE 8 CONSTRUCTION FUND OF ASSESSMENT DISTRICT 9 NO. 2002-01 10 11 12 13 WHEREAS, the City Council (the "City Council") of the City of Carlsbad (the 14 "City") has previously formed its Assessment District No. 2002-01 (Poinsettia Lane East) 15 ("Assessment District No. 2002-01") and Benefit Area No. 1 of Assessment District No. 16 2003-01 (College Boulevard and Cannon Road East) (Calavera Hills 11) ("Benefit Area 17 No. 1" and, together with Assessment District No. 2002-01, the "Assessment Districts", 18 each an "Assessment District"), and confirmed assessments on the various parcels 19 located therein to pay the costs of certain improvements of special local benefit to said 20 parcels (the "Assessments"), all pursuant to the Municipal Improvement Act of 1913 21 (Division 12 of the Streets and Highways Code of California; and 22 WHEREAS, the City Council has previously caused bonds to be issued on behalf 23 of the Assessment Districts (the "Prior Bonds") pursuant to the provisions of the 24 Improvement Bond Act of 1915 (Division 10 of the Streets and Highways Code of 25 California) (the "1915 Act") in order, among other things, to finance the costs of the 26 aforesaid improvements; and 27 WHEREAS, the Prior Bonds are secured by the unpaid Assessments; and 28 WHEREAS, the City Council has previously adopted Its "Resolution of the 29 Council of the City of Carlsbad Declaring its Resolution to Levy Reassessments and to 30 issue Refunding Bonds" (the "Resolution of Intention") in and for the "City of Carlsbad Exhibit 3 1 Reassessment District No. 2012-1" (the "Reassessment District") in which it determined 2 that, in order to benefit taxpayers within the Assessment Districts, which are 3 encompassed by the Reassessment District, by reducing the amount of the installments 4 of the Assessments being levied each year on the parcels within the Assessment 5 Districts, the public interest and necessity required that the outstanding Prior Bonds be 6 refunded, and in which the City Council declared its intention to accomplish the 7 refunding through the levy of reassessments and the issuance of refunding bonds upon 8 the security thereof, all pursuant to the Refunding Act of 1984 for 1915 Improvement Act 9 Bonds, Division 11.5 of the Streets and Highways Code of California (the "Act"); and 10 WHEREAS, among other things, in the Resolution of Intention, the City Council 11 directed the making and filing of a reassessment report (the "Report") in writing, all in 12 accordance with and pursuant to the Act; and 13 WHEREAS, the Report was duly made and filed with the City Clerk and was duly 14 considered by the City Council and found to be sufficient in every particular; and 15 WHEREAS, subsequent to its receipt and review of the Report, the City Council 16 adopted its "RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD 17 ADOPTING REASSESSMENT REPORT, CONFIRMING AND ORDERING THE 18 REASSESSMENT BY SUMMARY PROCEEDINGS AND AUTHORIZING AND 19 DIRECTING RELATED ACTIONS" (the "Resolution Confirming the Reassessment") in 20 which, among other things, it found that all of the conditions set forth in Section 9525 of 21 the Act had been satisfied, approved the Report and confirmed the reassessment; and 22 WHEREAS, the proceedings for the reassessment under the Act and the 23 Resolution of Intention are now completed, and the City Council wishes to provide for 24 the issuance of refunding bonds hereinafter described (the "Refunding Bonds") on the 25 security of such unpaid reassessments pursuant to the Act; and n Exhibit 3 1 WHEREAS, the Refunding Bonds shall be issued under and in accordance with 2 the Indenture, dated as of January 1, 2013 (the "Indenture"), by and between the City 3 and The Bank of New York Mellon Trust Company, N.A., as trustee (the "Trustee") in an 4 aggregate principal amount not to exceed the aggregate amount of the unpaid 5 reassessment; and 6 WHEREAS, in order to effect the issuance of the Refunding Bonds, the City 7 Council desires to approve the form of a Preliminary Official Statement for the Refunding 8 Bonds (the "Preliminary Official Statement") and to approve the forms of and to 9 authorize the execution and delivery of the Indenture, a Bond Purchase Agreement, a 10 Continuing Disclosure Agreement and an Escrow Agreement, in substantially the forms 11 on file with the City Clerk and to authorize such changes and additions thereto as the 12 Authorized Officers (defined herein) deem necessary or desirable; and 13 WHEREAS, the City Council has determined that a negotiated sale of the 14 Refunding Bonds to Stifel Nicolaus & Company, Incorporated, doing business as Stone 15 & Youngberg, a Division of Stifel Nicolaus, as UndenA/riter (the "Unden/vriter"), in 16 accordance with the terms of the Bond Purchase Agreement to be entered into by the 17 City and the Underwriter (the "Bond Purchase Agreement") will result in a lower overall 18 cost to the City than a sale of the Refunding Bonds on sealed proposals to the highest 19 bidder in that a negotiated sale will allow for adequate time to pre-market the Refunding 20 Bonds and for the timing of the sale of the Refunding Bonds to be flexible, thereby 21 maximizing the likely debt service savings to the City; and 22 WHEREAS, a portion of the construction fund associated with Assessment 23 District No. 2002-01 (the "Construction Fund") remains unspent after completion of the 24 improvements and payment of all the claims to made from the Construction Fund, and 25 such monies remain as surplus together with interest accrued thereon; and Exhibit 3 1 WHEREAS, this legislative body is desirous at this time to make the disposition of 2 said surplus monies in the Construction Fund, together with any interest accruing 3 thereon prior to the issuance of the Refunding Bonds, as so provided by Section 10427 4 of the Streets and Highways Code of the State of California. 5 WHEREAS, the City Council has determined that it is prudent in the management 6 of its fiscal affairs to issue the Refunding Bonds and that the issuance of the Refunding 7 Bonds will achieve debt service savings and will benefit taxpayers within the 8 Assessment Districts; and 9 WHEREAS, all conditions, things and acts required to exist, to have happened 10 and to have been performed precedent to and in the issuance of the Refunding Bonds 11 and the levy of the reassessments as contemplated by this Resolution and the 12 documents referred to herein exist, have happened and have been performed in due 13 time, form and manner as required by the laws of the State of California, including the 14 Act; 15 NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of 16 Carlsbad as follows: 17 1. The above recitals, and each of them, are true and correct. 18 2. The City Council finds that the issuance of the Refunding Bonds as 19 described in the Preliminary Official Statement will provide significant public benefits by 20 reducing the total amount of installments of assessments to be levied for debt service 21 within each Assessment District. 22 3. The City Council has determined to defease the Prior Bonds, subject to the 23 provisions of Section 5 below regarding debt service savings, through (a) the issuance 24 of its Refunding Bonds pursuant to the Indenture and a Bond Purchase Agreement and 1^ Exhibit 3 1 (b) the application of certain existing funds are being held in connection with the Prior 2 Bonds to such defeasance. 3 4. The City is authorized pursuant to the Act to issue the Refunding Bonds for 4 the purpose of refunding the Prior Bonds. 5 5. The issuance of the Refunding Bonds in a principal amount not to exceed 6 $32,840,000 is hereby authorized, with the exact principal amount to be determined by 7 the official signing the Bond Purchase Agreement in accordance with Section 10 below. 8 The Refunding Bonds may be issued to refund the Prior Bonds only if the City Manager, 9 the Finance Director or such other officials of the City as may be designated in writing by 10 the City Manager or the Finance Director (each an "Authorized Officer") determines that 11 there is an economic benefit to the City in the form of aggregate net present value 12 savings of at least 3%, expressed as a percentage of the par amount of the Prior Bonds 13 to be refunded by the Refunding Bonds. Each of the foregoing determinations to be 14 made by the Finance Director, or his designee, will be conclusively evidenced by the 15 execution of the Bond Purchase Agreement by the City and the Underwriter. 16 6. The Refunding Bonds shall mature on the dates and pay interest at the 17 rates set forth in the Bond Purchase Agreement. The Refunding Bonds shall be 18 governed by the terms and conditions of the Indenture. 19 7. The form of the Indenture presented at this meeting is hereby approved. 20 The Indenture shall be executed by any of the Authorized Officers, substantially in the 21 form of the Indenture presented at this meeting, with such additions thereto and 22 changes therein as the Authorized Officer executing the same deem necessary or 23 desirable, including to insert the offering price(s), interest rate(s), principal amount per 24 maturity, redemption dates and prices, reserve account deposits and such other related IX) Exhibit 3 1 terms and provisions or to conform any provisions therein to the Bond Purchase 2 Agreement and the Official Statement delivered to the purchasers of the Refunding 3 Bonds. Approval of such changes shall be conclusively evidenced by the execution and 4 delivery of the Indenture by any one of the Authorized Officers. Capitalized terms used 5 in this Resolution which are not defined herein have the meanings ascribed to them in 6 the Indenture. 7 8. The Refunding Bonds shall be executed by the manual or facsimile 8 signature of the City Treasurer; and the seal of the City, or a facsimile thereof, may be 9 impressed or imprinted thereon and the signature of the City Treasurer shall be attested 10 to with the manual or facsimile signature of the City Clerk or Deputy City Clerk. 11 9. The covenants set forth in the Indenture are hereby approved and shall be 12 deemed to be covenants of the City Council and shall be complied with by the City and 13 its officers. 14 10. The Underwriter is hereby appointed for purposes of , offering the 15 Refunding Bonds for sale in accordance with the provisions of the Bond Purchase 16 Agreement and the Indenture. The form ofthe Bond Purchase Agreement presented at 17 this meeting is hereby approved; and any one of the Authorized Officers is hereby 18 authorized to execute the Bond Purchase Agreement substantially in the form presented 19 at this meeting, with such additions thereto and changes therein as the Authorized 20 Officer executing the same deem necessary or desirable, including to conform the Bond 21 Purchase Agreement to the dates, amounts and interest rates applicable to the 22 Refunding Bonds. Approval of such additions and changes shall be conclusively 23 evidenced by the execution and delivery of the Bond Purchase Agreement; provided, 24 however, that the Bond Purchase Agreement shall be signed only if the requirements of Exhibit 3 1 Section 5 hereof have been satisfied and that the Underwriter's discount in connection 2 with the Refunding Bonds shall not exceed 1.25%. 3 11. The form of the Continuing Disclosure Agreement attached to the 4 Preliminary Official Statement and presented at this meeting is hereby approved; and 5 any one of the Authorized Officers is hereby authorized and directed to execute the 6 Continuing Disclosure Agreement substantially in the form hereby approved, with such 7 additions therein and changes thereto as the Authorized Officer executing the same 8 deem necessary or desirable, with such approval to be conclusively evidenced by the 9 execution and delivery of the Continuing Disclosure Agreement. 10 12. The form of the Escrow Agreement (the "Escrow Agreement"), by and 11 between the City and The Bank of New York Mellon Trust Company, N.A., as escrow 12 agent, presented at this meeting, is hereby approved, and any one of the Authorized 13 Officers is hereby authorized and directed to execute the Escrow Agreement 14 substantially in the form hereby approved, with such additions therein and changes 15 thereto as the Authorized Officer executing the same deem necessary or desirable, with 16 such approval to be conclusively evidenced by the execution and delivery of the Escrow 17 Agreement. 18 13. The form and content of the Preliminary Official Statement substantially in 19 the form presented to and considered at this meeting is hereby approved, with such 20 additions thereto and changes therein as are determined to be necessary or desirable 21 by any one of the Authorized Officers, including, but not limited to, such additions and 22 changes as are necessary to make all information set forth therein accurate and not 23 misleading, such approval to be conclusively evidenced by the delivery of the 24 Preliminary Official Statement to the UndenA/riter. Each of the Authorized Officers is 25 hereby authorized to certify to the Underwriter on behalf of the City that the Preliminary Exhibit 3 1 Official Statement is deemed final as of its date, within the meaning of Rule 15c2-12 of 2 the Securities and Exchange Commission (except for the omission of certain information 3 as permitted therein). The distribution by the UndenA/riter of copies of the Preliminary 4 Official Statement and the Official Statement to persons who may be interested in the 5 purchase of the Refunding Bonds is hereby authorized and approved. Each of the 6 Authorized Officers is hereby authorized and directed to deliver to the UndenA/riter a final 7 Official Statement in the form of the Preliminary Official Statement, together with such 8 changes as are determined necessary or desirable by the Authorized Officer executing 9 the Official Statement to make such Official Statement complete and accurate as of its 10 date, such approval to be conclusively evidenced by the delivery of the Official 11 Statement to the Underwriter. 12 14. Each of the Authorized Officers is authorized to provide for all services 13 necessary to effect the issuance, sale and delivery of the Refunding Bonds. Such 14 services shall include, but not be limited to, obtaining legal services, trustee services, 15 verification agent services, consultant services and any other services deemed 16 appropriate by an Authorized Officer. Any one of the Authorized Officers is authorized 17 to pay for the cost of such services, together with other Costs of Issuance (as defined in 18 the Indenture and as otherwise agreed to in writing by an Authorized Officer) from the 19 sale and delivery of Refunding Bond proceeds. The Authorized Officers are hereby 20 authorized and directed to pay all the fees and other costs of Issuance of the Refunding 21 Bonds in accordance with the Bond Purchase Agreement and as othenA/lse agreed to by 22 the District and the respective parties thereto, including applicable CDIAC fees, 23 verification agent fees and printer fees. 24 15. The work of improvement set forth in the resolution of issuance associated 25 with Assessment District No. 2002-01 has been substantially completed to the Exhibit 3 1 satisfaction of this legislative body, and all payments have either been made or set aside 2 for all existing or potential claims, costs and expenses. Prior to determining the portion 3 of the amount remaining in the Construction Fund, which represents surplus, the City 4 shall reimburse itself for any interest expense accrued on the funds advanced to 5 Assessment District No. 2002-01. 6 16. Surplus monies in the Construction Fund, in the amount of $4,448,668.72 7 for Assessment District No. 2002-01, plus any interest accruing thereon prior to the 8 issuance of the Refunding Bonds, shall be applied as a credit or payment to the property 9 owners within the boundaries of Assessment District No. 2002-01 on a pro-rata basis 10 generally determined as follows: 11 (a) To those who paid in cash, the proportionate share of the surplus 12 shall be returned in cash to the person or persons currently owning the property for 13 which the assessment or installment has been paid. 14 (b) As to the balance remaining after disbursement of the cash 15 payment pursuant to Section 16(a), said balance shall be transferred to the redemption 16 fund and applied to call bonds in a manner consistent with the bond indenture for 17 Assessment District No. 2002-01. 18 17. All actions heretofore taken by any Authorized Officers, or by any other 19 officers, employees or agents of the City, with respect to: (1) the issuance, delivery or 20 sale of the Refunding Bonds; (2) the refunding, defeasance and redemption of the Prior 21 Bonds; and (3) the Bond Purchase Agreement, the Escrow Agreement, the Continuing 22 Disclosure Agreement, or any of the documents referenced therein, are hereby 23 approved, confirmed and ratified. The Mayor or his designee and the other Authorized 24 Officers responsible for the fiscal affairs of the City are hereby jointly and severally Exhibit 3 1 authorized and directed to do all things and take any and all actions and execute and 2 deliver any and all documents as are necessary or desirable to accomplish the 3 issuance, sale and delivery of the Refunding Bonds in accordance with the provisions of 4 this Resolution and as are necessary or appropriate for the fulfillment of the purposes of 5 the Refunding Bonds as described in the Indenture. Any document authorized herein to 6 be signed by the City Clerk may be signed by a duly appointed Deputy City Clerk. 7 // 8 // 9 // 10 // 11 // 12 // 13 // 14 // 15 // 16 // 17 // 18 // 19 // 20 // 21 // 22 // 23 // 24 // 25 // ']f> 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 PASSED, APPROVED AND ADOPTED at a Regular Meeting ofthe City Council of the City of Carlsbad on the 8^^ day of January, 2013, by the following vote to wit: AYES: NOES: Council Members Hall, Packard, Wood, Blackburn and Douglas. None. ABSENT: None. MATT HALL, Mayor ATTEST: stant City Clerk Exhibit 4 Stradling Yocca Carlson & Rauth Draft of 12/18/12 PRELIMINARY OFFICIAL STATEMENT DATED ,2013 NEW ISSUE - BOOK ENTRY ONLY NOT RATED In the opinion of Stradling Yocca Carlson & Rauth, a Professional Corporation, Newport Beach, California ("Bond Counsel"), under existing statutes, regulations, rulings and judicial decisions, and assuming certain representations and compliance with certain covenants and requirements described more fully herein, interest on the Bonds is excluded from gross income for federal income tax purposes and is not an item of tax preference for purposes of calculating the federal alternative minimum tax imposed on individuals and corporations although such interest is included in adjusted current earnings when calculating corporate alternative minimum taxable income. In the further opinion of Bond Counsel, interest on Bonds is exempt from State of California personal income tax. See "CONCLUDING INFORMATION— Tax Matters " herein. $32,840,000* CITY OF CARLSBAD REASSESSMENT DISTRICT NO. 2012-1 LIMITED OBLIGATION REFUNDING BONDS Dated: Date of Delivery Due: September 2, as shown inside cover The City of Carlsbad Reassessment District No. 2012-1 Limited Obligation Refunding Bonds (the "Bonds") are limited obligations of the City of Carlsbad (the "City") secured by special reassessments to be levied on real property located within City ofCarlsbad Reassessment District No. 2012-1 (the "Reassessment District"). The Bonds are being issued to defease and redeem the City's Assessment District No. 2003-01 (College Boulevard and Cannon Road East) Benefit Area No. 1 (Calavera Hills II) Limited Obligation Improvement Bonds (the "2004 Bonds") and Assessment District No. 2002-01 (Poinsettia Lane East) Limited Obligation Improvement Bonds, Series 2005A (the "2005A Bonds" and together with the 2004 Bonds, the "Prior Bonds"). The proceeds of the Prior Bonds were used to acquire, design, and construct certain public improvements within the Reassessment District. The Bonds are being issued pursuant to provisions of the Refunding Act of 1984 for 1915 Improvement Act Bonds (Division 11.5 of the Streets and Highways Code of Califomia) (the "Act") and an Indenture dated as of January 1, 2013 (the "Indenture") by and between the City and The Bank of New York Mellon Trust Company, N.A., as Trustee (the "Trustee"). The Bonds are issuable in fully registered form and when issued will be registered in the name of Cede & Co., as nominee of The Depository Trust Company, New York, New York ("DTC"). Individual purchases of ownership interests in the Bonds may be made in $5,000 integral muhiples in book-entry form only. Purchasers of the Bonds will not receive certificates representing their beneficial ownership of the Bonds but are expected to receive credit balances on the books of their respective nominees. The Bonds will not be transferable or exchangeable except for transfer to another nominee of DTC or as otherwise described in this Official Statement. Interest on the Bonds will be payable on September 2, 2013 and semiannually thereafter on each March 2 and September 2. Principal of and interest on the Bonds will be paid by the Trustee to DTC for subsequent disbursement to DTC Participants, who are to remit such payments to the beneficial owners of the Bonds. See "THE BONDS — General Provisions" and APPENDIX E — "BOOK- ENTRY ONLY SYSTEM". The Bonds are special obligations of the City payable solely from revenues derived fi-om installments of Reassessments (as defined in this Official Statement) to be levied on and collected fi-om the owners of parcels within the Reassessment District. Under the provisions ofthe Act installments of principal and interest sufficient to meet annual Bond debt service will be levied by the City and billed by the County of San Diego (the "County") to owners of property within the Reassessment District against which there are unpaid Reassessments. Upon receipt by the City from the County, these annual Reassessment installments are to be paid into the Redemption Fund to be held by the Trustee and used to pay debt service on the Bonds as it becomes due. In addition to the Reassessments, the Bonds will be initially secured by a pledge and lien on the Assessments levied within the Prior Assessment Districts (as defined in this Official Statement) in fiscal year 2012-13 which have not been collected as of the date of delivery of the Bonds. Unpaid Reassessments constitute flxed liens on the lots and parcels assessed within the Reassessment District and do not constitute a personal indebtedness ofthe respective owners of such lots and parcels. Accordingly, in the event of a delinquency, proceedings may be had only against the real property securing the delinquent Reassessment installment. Thus, the value of land within the Reassessment District is a critical factor in determining the investment quality ofthe Bonds. See "THE REASSESSMENT DISTRICT — Value-to-Reassessment Lien Ratios" and "BONDOWNERS' RISKS — Land Values". The Trustee will establish a Reserve Fund comprised of Bond proceeds in the amount of the Reserve Requirement (as defined in this Official Statement) to provide flmds for payment of principal and interest on the Bonds in the event of any delinquent Reassessment installments. The City's obligation to advance fluids to the Redemption Fund as a result of delinquent installments is limited to the balance in the Reserve Fund. The City has covenanted to initiate judicial foreclosure in the event of a delinquency. See "SECURITY FOR THE BONDS — Covenant to Foreclose and Court Foreclosure Proceedings." The Bonds are subject to optional redemption, mandatory sinking fimd redemption and extraordinary mandatory redemption from prepayments of Reassessments. See "THE BONDS — Redemption of Bonds". NEITHER THE FAITH AND CREDIT NOR THE TAXING POWER OF THE CITY OF CARLSBAD, THE COUNTY OF SAN DIEGO, THE STATE OF CALIFORNLV OR ANY POLITICAL SUBDIVISIONS THEREOF IS PLEDGED TO THE PAYMENT OF THE BONDS. THE BONDS ARE SPECLVL OBLIGATIONS OF THE CITY PAYABLE SOLELY FROM THE SOURCES DESCRIBED IN THE INDENTURE. This cover page contains certain information for quick reference only. It is not a summary of this issue. Investors must read the entire Official Statement, including, without limitation, "BONDOWNERS' RISKS, " to obtain information essential to the making of an informed investment decision. The Bonds are offered when, as and if issued and delivered to the Underwriter subject to the approval of Stradling Yocca Carlson & Rauth, Newport Beach, Califomia, Bond Counsel and Disclosure Counsel. Certain matters will be passed upon for the City by the City Attomey. Certain legal matters will be passed upon for the Underwriter by its counsel, Jones Hall, A Professional Law Corporation, San Francisco, Califomia. It is anticipated that the Bonds in book-entry form will be available for delivery through the facilities of DTC on or about January , 2013. Stone & Youngberg A Division of Stifel Nicolaus Dated: January ,2013 * Preliminary, subject to change. -^7 $32,840,000* CITY OF CARLSBAD REASSESSMENT DISTRICT NO. 2012-1 LIMITED OBLIGATION REFUNDING BONDS MATURITY SCHEDULE Maturity Date Principal (September 2) Amount Interest Rate Yield CUSII^ 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 $ % Term Bonds due September 2,20_ Yield: _ CUSIP^ Preliminary, subject to change. CUSIP® is a registered trademark of the American Bankers Association. Copyright® 1999-2013, American Bankers Association. All rights reserved. CUSIP data herein is provided by Standard <Sc Poor's, CUSIP Service Bureau, a division of The McGraw Hill Companies, Inc. The City and the Underwriter take no responsibility for the accuracy of such data. 7f\ CITY OF CARLSBAD ELECTED OFFICIALS Matt Hall, Mayor Mark Packard, Councilmember Keith Blackbum, Councilmember Farrah Golshan Douglas, Councilmember Lorraine M. Wood, Councilmember [ ], City Clerk Jim Comstock, City Treasurer CITY OFFICIALS John Coates, Interim City Manager Cynthia Haas, Deputy City Manager [ ], City Attorney Skip Hammann, Transportation Director Chuck McBride, Finance Director BOND COUNSEL AND DISCLOSURE COUNSEL Stradling Yocca Carlson & Rauth, a Professional Corporation Newport Beach, Califomia TRUSTEE The Bank of New York Mellon Tmst Company, N.A. Los Angeles, Califomia REASSESSMENT ENGINEER NBS Temecuia, Califomia FINANCIAL ADVISOR Fieldman, Rolapp & Associates Irvine, CA VERIFICATION AGENT Grant Thomton LLP Minneapolis, Minnesota No dealer, broker, salesperson or other person has been authorized by the City, the Tmstee or the Underwriter to give any information or to make any representations in connection with the offer or sale of the Bonds other than those contained herein and, if given or made, such other information or representations must not be relied upon as having been authorized by the City, the Tmstee or the Underwriter. This Official Statement does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale ofthe Bonds by a person in any jurisdiction in which it is unlawful for such person to make such an offer, solicitation or sale. This Official Statement is not to be constmed as a contract with the purchasers or Owners of the Bonds. Statements contained in this Official Statement which involve estimates, forecasts or matters of opinion, whether or not expressly so described herein, are intended solely as such and are not to be constmed as representations of fact. This Official Statement, including any supplement or amendment hereto, is intended to be filed with and made publicly available through the Electronic Municipal Market Access system of the Municipal Securities Rulemaking Board. The Underwriter has provided the following sentence for inclusion in this Official Statement: The Underwriter has reviewed the information in this Official Statement in accordance with, and as part of, its responsibilities to investors under the federal securities laws as applied to the facts and circumstances of this transaction, but the Underwriter does not guarantee the accuracy or completeness of such information. The information set forth herein which has been obtained by the City from third party sources is believed to be reliable but is not guaranteed as to accuracy or completeness by the City or the Tmstee. The information and expressions of opinion herein are subject to change without notice and neither the delivery of this Official Statement nor any sale made hereunder shall, under any circumstances, create any implication that there has been no change in the affairs of the City, the landowners within the Reassessment District or any other parties described herein since the date hereof. All summaries of the Indenture or other documents are made subject to the provisions of such documents respectively and do not purport to be complete statements of any or all of such provisions. Reference is hereby made to such documents on file with the City for further information in connection therewith. A wide variety of other information, including financial information, conceming the City, is available from publications and websites of the City and others. Any such information that is inconsistent with the information set forth in this Official Statement should be disregarded. No such infonnation is a part of or incorporated into this Official Statement. Certain statements included or incorporated by reference in this Official Statement constitute "forward- looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 2IE of the United States Securities Exchange Act of 1934, as amended, and Section 27A of the United States Securities Act of 1933, as amended. Such statements are generally identifiable by the terminology used such as "plan," "expect," "estimate," "project," "budget" or other similar words. Such forward-looking statements include, but are not limited to, certain statements contained in the information under the caption "THE REASSESSMENT DISTRICT." The achievement of certain results or other expectations contained in such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements described to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Except as set forth in the Continuing Disclosure Certificate, a form of which is attached as Appendix D, the City does not plan to issue any updates or revisions to the forward-looking statements set forth in this Official Statement. IN CONNECTION WITH THE OFFERING OF THE BONDS, THE UNDERWRITER MAY OVERALLOT OR EFFECT TRANSACTIONS WHICH STABILIZE OR MAINTAIN THE MARKET PRICE OF SUCH BONDS AT A LEVEL ABOVE THAT WHICH MIGHT OTHERWISE PREVAIL IN THE OPEN MARKET. SUCH STABILIZING, IF COMMENCED, MAY BE DISCONTINUED AT ANY TIME. THE BONDS HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, IN RELIANCE UPON AN EXEMPTION CONTAINED IN SUCH ACT. THE BONDS HAVE NOT BEEN REGISTERED OR QUALIFIED UNDER THE SECURITIES LAWS OF ANY STATE. TABLE OF CONTENTS INTRODUCTION 1 General 1 Forward Looking Statements 1 The Reassessment District 2 Property Values and Value-to-Reassessment Lien Ratios 3 No Additional Bonds 3 Tax Matters 3 Professionals Involved in the Offering 3 Continuing Disclosure 4 Bond Owners' Risks 4 Other Information 4 REFUNDING PLAN 4 Estimated Sources and Uses of Funds 6 THE BONDS 6 General 6 Redemption of Bonds 7 Purchase of Bonds 8 Notice of Redemption 8 Selection of Bonds for Redemption 8 Registration, Exchange or Transfer 9 Annual Debt Service 10 SECURITY FOR THE BONDS 10 Limited Obligation 10 Reassessment Liens and Installments 11 Limited Obligation Upon Delinquency 11 Reserve Fund 12 Covenant to Foreclose and Court Foreclosure Proceedings 13 Priority of Reassessment Lien 14 No Additional Bonds 14 Maximum Annual Reassessment for Administrative Costs and Expenses 15 THE REASSESSMENT DISTRICT 15 Description of the Reassessment District 15 Direct and Overlapping Indebtedness 16 Value-to-Reassessment Lien Ratios 17 Delinquencies in the Reassessment District 20 Concentration of Ownership 21 Tax Rates 22 BONDOWNERS' RISKS 22 General 22 Concentration of Ownership 22 Delinquency Resulting in Uhimate or Temporary Loss on Bonds 23 Non-Cash Payments of Reassessments 23 Limited City Obligation Upon Delinquency 23 Land Values 23 Bankmptcy and Foreclosure 24 FDIC/Federal Govemment Interests in Parcels 24 Natural Disasters 25 Hazardous Substances 26 Loss of Tax Exemption 26 Limited Secondary Market 26 Future Debt Issuance 26 Ballot Initiatives 27 Constitutional Amendment - Articles IIIC and HID 27 CONCLUDING INFORMATION 28 Continuing Disclosure 28 Legal Opinion 28 Tax Matters 28 Litigation 30 Financial Interests 30 No Rating 30 Underwriting 30 Miscellaneous 30 APPENDIX A REASSESSMENT DIAGRAM... A-1 APPEDNIX B REASSESSMENT REPORT B-1 APPENDIX C SUMMARY OF THE INDENTURE C-l APPENDIX D OPINION OF BOND COUNSEL D-1 APPENDIX E BOOK-ENTRY ONLY SYSTEM E-1 APPENDIX F FORM OF CONTINUING DISCLOSURE AGREEMENT.... F-l APPENDIX G GENERAL ECONOMIC AND DEMOGRAPHIC INFORMATION G-1 REASSESSMENT DISTRICT AERIAL $32,840,000* CITY OF CARLSBAD REASSESSMENT DISTRICT NO. 2012-1 LIMITED OBLIGATION REFUNDING BONDS INTRODUCTION General This introduction is not a summary of this Official Statement. It is only a brief description of and guide to, and is qualified by, more complete and detailed information contained in the entire Official Statement, including the appendices. A full review should be made of the entire Official Statement. The sale and delivery of the Bonds (defined below) to potential investors is made only by means of the entire Official Statement. All capitalized terms used in this Official Statement and not defined shall have the meaning set forth in APPENDIX C — "SUMMARY OF THE INDENTURE — Definitions." The purpose of this Official Statement, which includes the cover page, the table of contents and the attached appendices (collectively, the "Official Statement"), is to provide certain information conceming the issuance by the City ofCarlsbad (the "City") ofthe $32,840,000* City ofCarlsbad Reassessment District No. 2012-1 Limited Obligation Refunding Bonds (the "Bonds"). The proceeds of the Bonds, together with certain existing funds of the City, will be used to defease and redeem all of the City's (i) Assessment District No. 2003-01 (College Boulevard and Cannon Road East) Benefit Area No. 1 (Calavera Hills II) Limited Obligation Improvement Bonds (the "2004 Bonds") originally issued on June 10, 2004 in the aggregate principal amount of $ 11,760,000 and now outstanding in the principal amount of $ 10,155,000, and (ii) Assessment District No. 2002-01 (Poinsettia Lane East) Limited Obligation Improvement Bonds, Series 2005A (the "2005A Bonds" and together with the 2004 Bonds, the "Prior Bonds") originally issued on Febmary 17, 2005 in the aggregate principal amount of $33,085,000 and now outstanding in the principal amount of $28,630,000. A portion of the proceeds of the Bonds will be used to fund a deposit to the Reserve Fund for the Bonds and to pay the costs of issuing the Bonds. See "THE REFUNDING PLAN" and "ESTIMATED SOURCES AND USES OF FUNDS". The Bonds are to be issued under the Refunding Act of 1984 for 1915 Improvement Act Bonds, Division 11.5 of the Streets and Highways Code of Califomia (the "Act"), and pursuant to an Indenture by and between the City acting on behalf of the City of Carlsbad Reassessment District No. 2012-1 (the "Reassessment District") and The Bank of New York Mellon Tmst Company, N.A. (the "Tmstee"), dated as of January 1, 2013 (the "Indenture"). The Bonds are secured under the Indenture by a pledge of and lien upon the Reassessments (as defined in this Official Statement) and all moneys on deposit in the Redemption Fund and the Reserve Fund established pursuant to the Indenture. In addition to the Reassessments, the Bonds will be initially secured by a pledge and lien on the Assessments levied within the Prior Assessment Districts (as defined in this Official Statement) in fiscal year 2012-13 which have not been collected as of the date of delivery ofthe Bonds. See "SECURITY FOR THE BONDS." Forward Looking Statements Certain statements included or incorporated by reference in this Official Statement constitute "forward-looking statements" within the meaning ofthe United States Private Securities Litigation Reform Act of 1995, Section 2IE of the United States Securities Exchange Act of 1934, as amended, and Section 27A of the United States Securities Act of 1933, as amended. Such statements are generally identifiable by the Preliminary, subject to change. terminology used such as a "plan," "expect," "estimate," "project," "budget" or similar words. Such forward- looking statements include, but are not limited to certain statements contained in the information under the caption "THE REASSESSMENT DISTRICT." THE ACHIEVEMENT OF CERTAIN RESULTS OR OTHER EXPECTATIONS CONTAINED IN SUCH FORWARD-LOOKING STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND OTHER FACTORS WHICH MAY CAUSE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS DESCRIBED TO BE MATERIALLY DIFFERENT FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS. THE CITY DOES NOT PLAN TO ISSUE ANY UPDATES OR REVISIONS TO THE FORWARD-LOOKING STATEMENTS SET FORTH IN THIS OFFICIAL STATEMENT. The Reassessment District The Reassessment District includes all of the property within Assessment District No. 2002-01 (Poinsettia Lane East) ("Assessment District No. 2002-01") and Benefit Area No. 1 (Calavera Hills II) of Assessment District No. 2003-01 (College Boulevard and Cannon Road East) ("Benefit Area No. 1 of Assessment District No. 2003-01" and together with Assessment District No. 2002-01, the "Prior Assessment Districts", each a "Prior Assessment District") with the exception of 3 parcels for which the Assessments levied against them have been prepaid. The Reassessment District encompasses 2,020 parcels consisting of 1,482 parcels for smgle family detached homes, 375 parcels for multi-family units, 85 commercial parcels, 26 industrial parcels, 4 other developed parcels, and 48 undeveloped parcels. Assessment District No. 2002-01 is located in the east central portion of the City, southeast of the McClellan-Palomar Airport. Assessment District No. 2002-01 encompasses two master plans: the Bressi Ranch Master Plan and the La Costa Greens portion of the Villages of La Costa Master Plan. The Bressi Ranch Master Plan's primary goal is to create a pedestrian oriented community and consists of 5 planning areas containing office, industrial, and warehouse uses, seven planning areas of single family detached homes, one hundred units of affordable multifamily apartments, a small commercial site housing a gas station/mini- mart, a mixed-use area containing commercial and community facilities, a recreational vehicle storage area, a private school, numerous open space areas, and a large "Village Green." The La Costa Greens is a residential development created to take advantage of the natural open space of the area. A pedestrian trail system links the individual neighborhoods and many homes have golf course and open space views. Assessment District No. 2003-01 (College Boulevard and Cannon Road East) is located in the northem portion of the City, primarily along College Boulevard south of State Highway 78. Assessment District No. 2003-01 encompasses a portion of the Calavera Hills II Master Plan which features 19 residential villages, 1 community park, 2 school sites, 2 community facility sites, 1 recreational vehicle storage facility and large areas of open space corridors. Further, the Assessment District is located adjacent to the Lake Calavera Preserve; the largest of 13 city owned, dedicated, and managed nature preserves in Carlsbad. This area is popular with hikers, mountain bikers, and nature lovers. Many homes in the Assessment District have views of the Lake Calavera Preserve. Proceedings for the formation of the Prior Assessment Districts were taken by the City Council of the City pursuant to the Municipal Improvement Act of 1913, Division 12 of the Califomia Streets and Highways Code (the "1913 Act") in order to assist in providing certain roadway improvements including storm drain, sewer, water, recycled water, and dry utilities of special benefit to the parcels located within the boundaries of the Prior Assessment Districts. Taken together, at the time of their respective formations, the Prior Assessment Districts encompassed parcels. The City Council confirmed on each of those parcels an assessment (individually an "Assessment" and collectively the "Assessments") proportionate to the special benefit received by it from the improvements. Assessment District No. 2003-01 (College Boulevard and Cannon Road East) also encompassed Benefit Area No. 2, which includes the primarily residential Robertson Ranch East development. Any assessments levied in Benefit Area No. 2, are not security for the Bonds. In order to provide the fimds with which to constmct the certain public capital improvements benefitting the Prior Assessment Disfricts, the City issued the 2004 Bonds in an aggregate principal amount of $11,760,000 on June 10, 2004 and the 2005A Bonds in an aggregate principal amount of $33,085,000 on Febmary 17, 2005. The Prior Bonds are secured by the unpaid Assessments levied respectively within each Prior Assessment District; and installments of those Assessments, which are collected each year along with the ad valorem taxes collected by the County of San Diego (the "County"), have been used to pay the principal of and interest on the Prior Bonds as the same became due and payable. On January 8, 2013, the City Council took proceedings under the Act and confirmed a reassessment, which reassessment and a related diagram were recorded in the office of the Transportation Director, acting as the Superintendent of Sfreets, and with the County Recorder of the County of San Diego. A notice of reassessment, as prescribed in Section 3114 ofthe Sfreets and Highways Code, has been recorded with the County Recorder of the County of San Diego, whereupon the reassessment attached as a lien upon the property assessed within the Reassessment District as provided in Section 3115 ofthe Sfreets and Highways Code. Pursuant to the 1984 Act the City may issue refunding bonds for the purpose of redeeming the Prior Bonds. The City may issue and sell refunding bonds without giving notice to and conducting a hearing for the owners of property in the Reassessment Disfrict or giving notice to the owners of the Bonds if the City Council makes the findings required in the Act. Property Values and Value-to-Reassessment Lien Ratios The aggregate assessed value of the parcels in the City with unpaid Reassessments, as shovm in the County of San Diego assessor's roll for fiscal year 2012-13, is $1,437,599,297. The ratio of the assessed value of such parcels to the total amount of the unpaid Reassessments, is approximately 43.77* to 1 (exclusive of the unpaid Assessments for fiscal year 2012-13) and overlapping debt described herein. See "THE REASSESSMENT DISTRICT — Value-to-Reassessment Lien Ratios". No Additional Bonds The City is not authorized to issue additional bonds (other than the Bonds or any refunding bonds) secured by the Reassessments. Tax Matters In the opinion of Bond Counsel, under existing laws, regulations, mlings and court decisions, the interest (and origmal issue discount) on the Bonds is exempt from personal income taxes of the State of Califomia and, assuming compliance with certain covenants set forth in the Indenture, is excludable from gross income of the ovmers of the Bonds for federal income tax purposes and is not included as a specific preference item for purposes of the federal altemative minimum tax. Set forth in Appendix D is the opinion of Bond Counsel expected to be delivered in connection with the issuance of the Bonds. For a more complete discussion of such opinion and the tax consequences incident to the ownership of the Bonds, including certain exceptions to the tax freafrnent of interest, see "CONCLUDING INFORMATION — Tax Matters". Professionals Involved in the Offering The Bank of New York Mellon Tmst Company, N.A., Los Angeles, Califomia, will act as Tmstee under the Indenture and as the initial Dissemination Agent under the City's Continuing Disclosure Agreement. Preliminary, subject to change. The legal proceedings in connection with the issuance and delivery of the Bonds are subject to the approval as to their legality of Stradlmg Yocca Carlson & Rauth, a Professional Corporation, Newport Beach, Califomia, Bond Counsel and Disclosure Counsel. Certain legal matters will be passed on for the City by the City Attomey. Certam legal matters will be passed upon for the Undervsnriter by its counsel, Jones Hall, A Professional Law Corporation, San Francisco, Califomia. Other professional services have been performed by NBS, Temecuia, California, as Reassessment Engineer. For information conceming financial or other interest which certain of the above-mentioned professionals, advisors, counsel and agents may have in the offering of the Bonds, see "CONCLUDING INFORMATION — Financial Interests". Continuing Disclosure The City has agreed to provide, or cause to be provided, to each nationally recognized municipal securities mformation repository and any public or private repository or entity designated by the State as a state repository for purposes of Rule 15c2-12(b)(5) adopted by the Securities and Exchange Commission, certam annual or semi-annual (as applicable) financial information and operatmg data. The City has fiirther agreed to provide notice of certain enumerated events. These covenants have been made in order to assist the Underwriter in complying with Rule 15c2-12(b)(5). See "CONCLUDING INFORMATION — Continuing Disclosure" herein and Appendix F hereto for a description of the specific nature of the aimual reports and notices of enumerated events to be provided by the City. Bond Owners' Risks Certain events could affect the timely repayment of the principal of and interest on the Bonds when due. See the section of this Official Statement entitled "BONDOWNERS' RISKS" for a discussion of certain factors which should be considered, in addition to other matters set forth herein, in evaluating an investment in the Bonds. The purchase of the Bonds involves risks, and the Bonds are not suitable investments for some types of investors. See "BONDOWNERS RISKS". Other Information This Official Statement speaks only as of its date, and the information contained herein is subject to change. Brief descriptions of the Bonds and the Indenture are included in this Official Statement. Such descriptions and information do not purport to be comprehensive or definitive. All references herein to the Indenture, the Bonds and the constitution and laws of the State as well as the proceedings ofthe City Council of the City, are qualified in their entfrety by references to such documents, laws and proceedings, and with respect to the Bonds, by reference to the Indenture. Capitalized terms not otherwise defined herein shall have the meanings set forth in the Indenture. Copies of the Indenture, the Continuing Disclosure Agreement and other documents and information referred to herem are available for inspection and (upon request and payment to the Trustee of a charge for copying, mailing and handling) for delivery from the Tmstee. REFUNDING PLAN The Bonds are being issued to provide a portion of the moneys, together with certain funds on deposit with The Bank of New York Mellon Tmst Company, N.A., acting as escrow agent (the "Escrow Agent"), to refund the City's outstanding 2004 Bonds, in the aggregate principal amount of $10,155,000, and 2005A Bonds in the aggregate principal amount of $28,630,000, at a redemption price equal to the principal amount plus accmed interest on March 2, 2013. The 2004 Bonds were issued upon and are secured by the unpaid Assessments levied on property in Benefit Area No. I of Assessment District No. 2003-01, pursuant a Bond Indenture dated as of May 1, 2004, by and between the City and BNY Westem Trust Company. The 2005A Bonds were issued upon and are secured by the unpaid Assessments levied on property in Assessment Disfrict No. 2002-01, pursuant a Bond Indenture dated as of February 1, 2005, by and between the City and The Bank of New York Tmst Company, N.A. Pursuant to the Indenture, the Disfrict will deliver a portion of the proceeds of the Bonds to the Tmstee to fransfer to the Escrow Agent for deposit in a separate escrow fund established for each of the Prior Bonds (collectively, the "Escrow Funds") established under the Escrow Agreement, dated as of January 1, 2013, by and between the City and the Escrow Agent (the "Escrow Agreement"). Moneys on deposit in the Escrow Funds will be applied to acquire the federal securities set forth in the Escrow Agreement, which, together with certain funds held as cash, will be used to pay on March 2,2013 the redemption price of the Prior Bonds, together wdth accmed interest through the date of redemption. All moneys and securities on deposit in the Escrow Funds will be irrevocably pledged to secure, when due, the payment of the principal of, interest and any premium due with respect to the Prior Bonds. As a result of the deposit and investment of funds under the Escrow Agreement, all of the City's obligations with respect to the Prior Bonds, including the pledge of unpaid Assessments which secure the City's obligations with respect to the Prior Bonds, will be fully discharged upon the execution and delivery of the Bonds. Estimated Sources and Uses of Funds The Tmstee will receive the proceeds from the sale of the Bonds upon delivery of such Bonds to the purchasers thereof. The proceeds of the Bonds will be applied as set forth in the following table: SOURCES: Par Amount of Bonds Plus Original Issue Premium Plus Available Funds^^^ Less Underwriter's Discoimt Total Sources USES: AD 2002-01 Escrow Fund AD 2003-01 Escrow Fund Debt Service Reserve Fund Costs of Issuance Fund^^^ Total Uses Includes fiscal year 2012-13 Assessment Installments collected as of , 2013, reserve funds of the Prior Bonds, surplus construction funds and other funds on hand. Includes costs of issuance, such as Trustee, Bond Counsel and Disclosure Counsel fees and costs, printing costs and other related costs for the issuance of Bonds, reimbursable expenses of the City and certain upfront design and engineering costs. THE BONDS General The $32,840,000* aggregate principal amount of the Bonds was authorized for issuance by a resolution adopted by the City Council of the City and are being issued by the City pursuant to the Act and the Indenture between the City and the Tmstee. The Bonds will be dated their date of delivery and mature on September 2 in the years and in the amounts shown on the inside cover page of this Official Statement. Interest shall be payable on September 2, 2013, and semiannually thereafter on March 2 and September 2 of each year until maturity. The Bonds are issued as fully registered bonds, in integral multiples of $5,000. Each Bond shall bear interest from the Interest Payment Date next preceding the date of authentication and regisfration thereof unless (i) it is authenticated after a Record Date and on or before the immediately succeeding Interest Payment Date, in which event it shall bear mterest from such Interest Payment Date, or (ii) it is authenticated before the close of business on the first Record Date, in which event it shall bear interest from its dated date; provided, however, that if at the time of authentication of a Bond, interest is in default thereon, such Bond will bear interest from the Interest Payment Date to which interest has previously been paid or made available for payment thereon or from the date of original delivery of the Bonds, if no interest has previously been paid or made available for payment on the Outstanding Bonds. Interest on the Bonds is payable by the Tmstee on each Interest Payment Date, until the principal amount of a Bond has been paid or made available for payment, to the registered Owner thereof at such registered Ovmer's address as it appears on the regisfration books maintained by the Trustee at the close of the Preliminary, subject to change. "4^ Business Day on the Record Date preceding the Interest Payment Date. The Bonds will be held in book-entry form and registered in the name of Cede & Co., as nominee of The Depository Tmst Company ("DTC"), all interest payments will be made directly to DTC for distribution to the beneficial owners in accordance with DTC's procedures. See APPENDIX E — "BOOK-ENTRY ONLY SYSTEM". Redemption of Bonds Mandatory Redemption From Reassessment Prepayments. The Bonds shall be subject to mandatory redemption, m whole or in part as selected by the Treasurer pursuant to Section 8768 of the Califomia Streets and Highways Code, ^ on any Interest Payment Date, from and to the extent of any prepayment of Reassessments, at the following respective redemption prices (expressed as percentages of the principal amount of the Bonds to be redeemed), plus accmed interest thereon to the date of redemption: Redemption Date Redemption Prices Optional Redemption of Bonds from Other Funds, Excluding Reassessment Prepayments. The Bonds are subject to redemption prior to their stated maturity dates on any Interest Payment Date on or after September 2, , as selected by the City, from any source of funds other than prepayment of Reassessments, at the followmg respective redemption prices (expressed as percentages of the principal amount of the Bonds to be redeemed), plus accmed interest thereon to the date of redemption: Redemption Date Redemption Prices Mandatory Sinking Fund Redemption of Bonds. The Bonds maturing on September 2,20 shall be subject to mandatory sinking fimd redemption prior to maturity, in part, on September 2, , and on each September 2 thereafter, from sinking fimd payments, at a redemption price equal to the principal amount of Bonds to be redeemed, together with accmed interest to the date of redemption, without premium, as follows: no. 20_ Term Bond Redemption Date Redemption (September 2) Amount 20 (maturity) Purchase of Bonds In lieu of payment at maturity or redemption, moneys in the Redemption Fund may be used and withdravm by the Tmstee for purchase of outstanding Bonds, upon the filing with the Trustee of an Officer's Certificate requesting such purchase, at public or private sale as and when, and at such prices (including brokerage and other charges) as such Officer's Certificate may provide, but in no event may Bonds be purchased at a price in excess of the principal amount thereof, plus the premium, if any, which would be paid upon redemption, plus interest accmed to the date of purchase. Notice of Redemption With respect to the Bonds held in book-entry form, notices of redemption will be mailed only to The Depository Tmst Company and not to any beneficial ovmer of the Bonds. The Tmstee shall cause notice of any redemption to be mailed by registered or certified mail, postage prepaid, at least 30 days but not more than 60 days prior to the date fixed for redemption, to the securities depository and to certain information services, and to the respective registered Ovmers of any Bonds designated for redemption, at their addresses appearing on the Bond registration books maintained by the Tmstee; but the actual receipt of any notice shall not be a condition precedent to such redemption and failure to receive any such notice, or any defect in such notice, shall not affect the validity of the proceedings for the redemption of such Bonds, or the cessation of interest on the redemption date. A notice of redemption for optional redemption may be conditioned on the receipt by the City of sufficient funds to effect the redemption. If sufficient funds are not received by the City by the redemption date, the redemption shall not occur and the Bonds will remain outstanding under the Indenture. If any redemption is cancelled due to lack of sufficient fimds, the Tmstee shall mail a notice to the Bondovmers stating that such redemption was cancelled and did not occur. Selection of Bonds for Redemption Whenever provision is made in the Indenture for the redemption of less than all of the Bonds, the City shall select the Bonds for redemption in such a way that the ratio of Outstanding Bonds to issued Bonds shall be approximately the same in each maturity of the Bonds insofar as possible. The Trustee shall select the particular Bonds to be redeemed from each maturity by lot. Registration, Exchange or Transfer The regisfration of any Bond may, in accordance with its terms, be fransferred upon the Bond Register by the person in whose name it is registered, in person or by his or her duly authorized attomey, upon surrender of such Bond for cancellation at the office of the Tmstee, accompanied by delivery of a written instmment of fransfer in a form acceptable to the Tmstee and duly executed by the Bondovmer or his or her duly authorized attomey. Bonds may be exchanged at the office of the Tmstee for a like aggregate principal amount of Bonds of other authorized denominations of the same maturity. The Tmstee will not charge the Owner for any new Bond issued upon any exchange or transfer, but shall require the Ovmer requesting such exchange or fransfer to pay any tax or other govemmental charge required to be paid with respect to such exchange or fransfer. The cost of printing any Bonds and any services rendered or any expenses incurred by the Tmstee in connection with any exchange or fransfer shall be paid by the City as Administrative Expenses. Whenever any Bond or Bonds shall be surrendered for regisfration of fransfer or exchange, the City shall execute, and the Tmstee shall authenticate and deliver, a new Bond or Bonds of the same maturity for a like aggregate principal amount; provided, that the Tmstee shall not be required to register fransfers or make exchanges of Bonds (a) 15 days prior to the date established by the Tmstee for selection of Bonds for redemption, or (b) with respect to a Bond after such Bond has been selected for redemption. Annual Debt Service Table 1 below sets forth the annual debt service on the Bonds based on the maturity schedule and mterest rates set forth on the inside cover page of this Official Statement. TABLE 1 $32,840,000* CITY OF CARLSBAD REASSESSMENT DISTRICT NO. 2012-1 LIMITED OBLIGATION REFUNDING BONDS Annual Debt Service Year Ending September 2 Principal Interest Total 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Total $ S S Source: Underwriter. SECURITY FOR THE BONDS Limited Obligation The obligation of the City relating to the Bonds is not a general obligation of the City, but is a limited obligation, payable solely from the Reassessments and Assessments and from the funds pledged under the Indenture. Neither the faith and credit nor the taxing power of the City, the County or the State of Califomia, or any of its political subdivisions, is pledged to the payment of the Bonds. Notwithstanding any other 10 provision of the Indenture, the City is not obligated to advance available surplus funds from the City treasury to cure any deficiency in the Redemption Fund. Reassessment Liens and Installments The Bonds are issued upon and secured by and payable solely from the unpaid Reassessments on parcels of property within the Reassessment Disfrict together with accmed interest, and such unpaid Reassessments, together with accmed interest, constitute a fund for the redemption and payment of the principal of the Bonds and related interest and premium, if any. The Bonds will also be initially secured by a pledge and lien on the Assessments levied within the Prior Assessment Districts in fiscal year 2012-13 which have not been collected as of the date of delivery of the Bonds. In addition, all of the Bonds are secured by the moneys in the Reassessment Fund, the Redemption Fund and the Reserve Fund created pursuant to the Indenture. Principal of and interest on the Bonds are payable exclusively from the Redemption Fund. Although the unpaid Reassessments and Assessments constitute fixed liens on the lots and parcels assessed, they do not constitute a personal indebtedness of the respective ovmers of such lots and parcels. There can be no assurance as to the ability or the willingness of such owners to pay the unpaid Reassessments and Assessments when due. See "BONDOWNERS' RISKS". The unpaid Reassessments and Assessments will be collected in annual mstallments, together with interest, on the County secured tax roll on which general taxes on real property are collected (the "Reassessment Installments"). The City will include in the annual mstallments an amount for the payment of administrative expenses in the amount set forth in the Reassessment Report; such amounts are not available to pay debt service on the Bonds. The Reassessment Installments are payable and become delinquent at the same time and in the same proportionate amounts and bear the same proportionate penalties and interest after delinquency as do general property taxes. The properties upon which the Reassessments and Assessments are levied are subject to the same provisions for sale and redemption as are properties for nonpayment of general taxes. The annual Reassessment Installments are to be paid to the City and transferred by the City to the Tmstee with instmctions to deposit the balance remaining after the deposit of amounts into the Adminisfrative Expense Fund held by the City to pay administrative expenses into the Reassessment Fund. The Trustee is to transfer amounts in the Reassessment Fund into the Redemption Fund held by the Trustee to pay the principal of and interest on the Bonds as they become due. The Reassessment Installments billed against each of the lots and parcels in the Reassessment District each year represent a pro rata share of the total principal and interest coming due on all of the Bonds that year (other than the Assessment installments which remain unpaid as of the date of delivery of the Bonds which represented a pro rata share of the total principal and interest coming due of the Prior Bonds in fiscal year 2012-13). The amount billed against each lot or parcel is based on the percentage which the unpaid Reassessment against the property bears to the total of unpaid Reassessments in the Reassessment Disfrict. The failure of a property ovmer to pay an annual Reassessment Installment will not result in an increase in Reassessment Installments against other property in the Reassessment Disfrict. Each property owner has a statutory right to prepay the Reassessment on a parcel in whole or in part on any date. Amounts received as prepaid Reassessments will be deposited in the Prepayment Account of the Redemption Fund and shall be used solely for the purpose of redeeming Bonds. See "THE BONDS — Redemption of Bonds — Mandatory Redemption from Reassessment Prepayments." Limited Obligation Upon Delinquency THE BONDS ARE LIMITED OBLIGATIONS OF THE CITY AND ARE PAYABLE SOLELY FROM THE REASSESSMENTS AND THE ASSETS PLEDGED THEREFOR UNDER THE INDENTURE. THE CITY HAS DETERMINED NOT TO OBLIGATE ITSELF AND HAS NO LEGAL OR MORAL OBLIGATION TO ADVANCE AVAILABLE FUNDS FROM THE CITY TREASURY TO PAY BOND 11 DEBT SERVICE IN THE EVENT OF DELINQUENT REASSESSMENT INSTALLMENTS. BONDOWNERS SHOULD NOT RELY UPON THE CITY TO ADVANCE AVAILABLE FUNDS FROM THE CITY TREASURY TO THE REDEMPTION FUND. NOTWITHSTANDING THE FOREGOING, THE CITY MAY, AT ITS SOLE OPTION AND IN ITS SOLE DISCRETION, ELECT TO ADVANCE SUCH FUNDS. Reserve Fund The Indenture provides that a Reserve Fund must be maintamed and held by the Tmstee in an amount equal to the Reserve Requirement. The Reserve Requirement means, on each September 2nd (the calculation date), the least of (i) 10% of the net proceeds derived from the sale of the Bonds, (ii) maximum annual debt service on the Outstanding Bonds; provided however that annual debt service for the period from September 3, 2013 to September 2, 2014 ("Bond Year 2014") shall be excluded for the purposes of such calculation, or (iii) 125% of average annual debt service on the Outstanding Bonds, exclusive of Bond Year 2014. Moneys in the Reserve Fund shall be held for the benefit of the Owners of the Bonds as a reserve for the payment of the principal of and interest on the Bonds and shall be subject to a lien in favor of the Owners of the Bonds. See APPENDIX C — "SUMMARY OF INDENTURE." In the event a Reassessment is prepaid, in whole or in part, the City shall transfer such payment to the Tmstee. The amount of each Reassessment prepaid shall be reduced by the amount the Tmstee is required to fransfer from the Reserve Fund for deposit in the Prepayment Account of the Redemption Fund. Under the Indenture the Tmstee is to fransfer the portion of the balance then in the Reserve Fund equal to the proportion that the Reassessment prepaid bears to the total of all Reassessments remaining unpaid as of such date. The City shall notify, or shall cause the Tmstee to be notified of the amount so fransferred. After each such transfer, the Reserve Requirement shall be reduced by the amount of the related fransfer. Whenever there are insufficient flmds in the Redemption Fund to meet the next maturing installment of principal of or interest on the Bonds, the Tmstee shall fransfer from the Reserve Fund or deposit in the Redemption Fund an amount necessary to satisfy such deficiency. The City agrees in the Indenture that if such insufficiency was caused by delinquent payment of Reassessment Installments, then an amount equal to the amount so fransferred shall be reimbursed and fransferred by the City to the Tmstee for deposit in the Reserve Fund from the proceeds of redemption or sale of the delinquent parcel. All amounts allocable to a particular parcel remaining in the Reserve Fund m the year in which the last Reassessment Installment with respect to such parcel becomes due and payable shall be credited toward said last Reassessment Installment due with respect to such parcel as set forth below: On or about July 1 of each year, the City shall cause a preliminary calculation to be made of the amount then on deposit in the Reserve Fund anticipated to be fransferred to the Redemption Fund on the immediately succeeding September 1 (in the then current calendar year), and the amount anticipated to be remaining on deposit in the Reserve Fund as of such September 1. With respect to such anticipated remainder, the City shall determine the portion thereof anticipated to be available for transfer to the Redemption Fund on September 1 in the next calendar year (as a result of the payment ofthe principal component of Reassessments in the next calendar year) and shall determine, with respect to those parcels which will be in their final year of Reassessment in the next calendar year, the portion of such amount anticipated to be available for fransfer to the Redemption Fund allocable to each such parcel. Such allocation shall be made pro rata, and shall equal the proportion that the principal amount of the Reassessment payable with respect to a particular parcel bears to the total of all principal amounts of Reassessments to be paid in such calendar year. Those parcels which would otherwise be in their final year of Reassessment shall be afforded a credit against the Reassessment that would otherwise have been levied in such year (or a credit in an earlier year if reduction of the Reserve Fund results in funds being available for such purposes at an earlier date), such credit to be based on such parcel's pro rata portion of the moneys on deposit in the Reserve Fund anticipated to be available for fransfer to the Redemption Fund on September 1 of the next calendar year, and such credit not in excess of such parcel's pro 12 rata portion of the Reserve Fund (equal to the proportion that the principal amount of the Reassessment payable with respect to such parcel bears to the total of all principal amounts of Reassessments remaining unpaid as of such date). The City shall then direct the Tmstee, pursuant to a Written Request of the City, to transfer from the Reserve Fund to the Redemption Fund, the amount specified in such Written Request for such fransfer, such fransfer to occur on or about September 1 of the next succeeding calendar year (e.g., a report filed during July 2034, will specify the amount to be fransferred on September 1, 2034 for payment of debt service of the Bonds on September 2,2034). If at any time the amount of interest earned by the investment of any portion of the Reserve Fund, together with the principal amount in the Reserve Fund, shall exceed the Reserve Requirement, such excess shall be fransferred by the Tmstee to the Reassessment Fund each March 1 and September 1. See APPENDIX C — "SUMMARY OF INDENTURE." Whenever the balance in the Reserve Fund, the Reassessment Fund and the Redemption Fund is sufficient to retire all the remaining outstanding Bonds, the Tmstee shall fransfer at the written direction of the City the balance in the Reserve Fund to the Redemption Fund and the the City shall cease the collection of the principal and mterest on the unpaid Reassessments. In such case, the City shall credit the balance so fransferred against the Reassessments remaining unpaid in the manner set forth in the Act. THE CITY HAS NO OBLIGATION TO REPLENISH THE RESERVE FUND EXCEPT TO THE EXTENT THAT DELINQUENT REASSESSMENT INSTALLMENTS ARE PAID OR PROCEEDS FROM FORECLOSURE SALES ARE REALIZED. Covenant to Foreclose and Court Foreclosure Proceedings The 1913 Act provides that in the event any assessment or installment thereof or any interest thereon is not paid when due, the City may order the institution of a court action to foreclose the lien of the unpaid assessment. In such an action, the real property subject to the unpaid assessment may be sold at judicial foreclosure sale. This foreclosure sale procedure is not mandatory. However, pursuant to the Indenture, the City will covenant for the benefit of the Bondowners that it will determine no later than August 15 of each fiscal year in which Bonds are outstanding, whether or not any ovmers of the real property within the Reassessment District are delinquent in the payment of Reassessment Installments. Thereafter, the City will commence judicial foreclosure proceedings no later than November 1 of any year (i) against parcels with aggregate delinquent Reassessment Installments (including prior years) of $10,000 or more following the close of the fiscal year in which such Reassessment Installments were due, (ii) against parcels ovmed by any single owner with delinquent Reassessment Installments in the aggregate amount (including prior years) of $10,000 or more, and (iii) against all parcels with delinquent Reassessment Installments regardless of the delinquent amount during any period in which the amount on deposit in the Reserve Fund is less than the Reserve Requirement. The 1913 Act provides that the court in a foreclosure proceedmg has the power to order property securing delinquent Reassessment Installments to be sold for an amount not less than all Reassessment Installments, interest, penalties, costs, fees, and other charges that are delinquent at the time the foreclosure action is ordered, and certain other fees and amounts as provided therein (the "Minimum Price"). The court may also include subsequent delinquent Reassessment Installments and all other delinquent amounts. The City may, at its discretion, but is not required to, become the purchaser of any property sold in a foreclosure proceeding. If the City becomes the purchaser, it shall pay into the Redemption Fund an amount necessary to satisfy the judgment, less any advances by the City to cover delinquent Reassessment Installments plus simple interest on such net amount, at the interest rates home by the Bonds, from the dates of delinquency. Unless such property is subsequently resold, the City must fransfer to the Redemption Fund any future Reassessment Installments pending redemption. The City may thereupon be reimbursed for any amount 13 advanced from the City to the Redemption Fund to cover such future Reassessment Installments with respect to the property so sold from the proceeds of such sale. If the property is sold to a purchaser other than the City, the City shall deposit the proceeds from the sale of the property into the Redemption Fund. From such amount, the City shall reimburse the Reserve Fund the amount, if any, of funds advanced from the Reserve Fund to the Redemption Fund to cover the delinquent Reassessment Installments with respect to the property which is sold. After reimbursement of the Reserve Fund, the City may be reimbursed for any other amounts advanced from it to the Redemption Fund to cover delinquent Reassessment Installments and interest with respect to the property sold in such proceedings. Any funds in excess of the amount necessary to reimburse the City may be applied by the City to pay interest and penalties, costs, fees and other charges, to the extent they were included in the sales proceeds. If the property to be sold fails to sell for the Minimum Price, the City may petition the court to modify the judgment so that the property may be sold at a lesser price or without a Minimum Price. Notice of the hearing on such petition must be given to all Bondovmers. In certain circumstances, the court may modify the judgment after the hearing to permit the sale of the property at a price lower than the Minimum Price if the court makes certam determinations, mcluding determinations that the sale at less than the Mmimum Price will not result in an ultimate loss to Bondowners or that Bondowners of at least 75% of the principal amount of Bonds outstanding have consented to the petition and certain other circumstances described in the statute exist. Neither the property owner nor any holder of a security interest in the property nor any defendant in the foreclosure action may purchase the property at the foreclosure sale for less than the Minimum Price. A period of 120 days must elapse after the date notice of levy of the interest in real property is served on the judgment debtor before the sale of such lot or parcel with more than 4 dwelling units can be made. However, pursuant to Streets and Highways Code Section 8832, the 120 day period may be shortened to 20 days for parcels with not more than 4 dwelling units. If the judgment debtor fails to redeem, and if the purchaser at the sale is the judgment creditor (e.g., the City), an action may be commenced by the delinquent property owner wdthin 90 days after the date of sale to set aside such sale. The constitutionality of the repeal of the one year redemption period has not been tested; and there can be no assurance that, if tested, such legislation will be upheld. In the event court foreclosure proceedings are commenced by the City, there may be delays in payments to Owners of the Bonds pending prosecution of the foreclosure proceedings to completion, including the receipt of the City of the proceeds of the foreclosure sale. It is also possible that no qualified bid will be received at the foreclosure sale. See "BONDOWNERS' RISKS". Priority of Reassessment Lien The Reassessments (and any further assessment or reassessment) including each installment thereof and any related interest and penalties constitute a lien agamst the lots and parcels of land on which they were imposed until paid. Such lien has priority over all fixed special assessment liens which may thereafter be created against the property, and also has priority over all private liens, including the lien of any mortgage or deed of tmst whenever created. Such lien is co-equal to and independent of the lien for general taxes and special taxes. See "THE REASSESSMENT DISTRICT — Direct and Overlapping Indebtedness" and "BONDOWNERS' RISKS — FDIC/Federal Govemment hiterests m Parcels." No Additional Bonds The City is not authorized to issue additional bonds (other than the Bonds or any refimding bonds) secured by the Reassessments. See "THE BONDS — Refunding Bonds" above. 14 Maximum Annual Reassessment for Administrative Costs and Expenses The costs associated with administering the Reassessment Disfrict will be spread to each parcel in the Reassessment District with unpaid Reassessments on a pro-rata basis. Adminisfrative costs for the Reassessment District cannot exceed 5% of the total armual Reassessments per individual Reassessment parcel collected each year. THE REASSESSMENT DISTRICT Description of the Reassessment District The Reassessment District includes all of the property within Assessment District No. 2002-01 and Benefit Area No. 1 of Assessment District No. 2003-01 with the exception of 3 parcels for which the Assessments levied against them have been prepaid. The Reassessment Disfrict encompasses 2,020 parcels consisting of 1,482 parcels for single family detached homes, 375 parcels for multi-family units, 85 commercial parcels, 26 industrial parcels, 4 other developed parcels, and 48 undeveloped parcels. Assessment District No. 2002-01 is located in the east cenfral portion of the City, southeast of the McClellan-Palomar Airport. Assessment District No. 2002-01 (Poinsettia Lane East) Assessment District No. 2002-01 encompasses two master plans: the Bressi Ranch Master Plan and the La Costa Greens portion of the Villages of La Costa Master Plan. The Bressi Ranch Master Plan consists of 5 plarming areas containing office, indusfrial, and warehouse uses, seven plarming areas of single family detached homes, one hundred units of affordable multifamily apartments, a small commercial site housing a gas station/mini-mart, a mixed-use area containing commercial and community facilities, a recreational vehicle storage area, a private school, numerous open space areas, and a large "Village Green." The La Costa Greens is a residential development created to take advantage of the natural open space of the area. A pedestrian trail system links the individual neighborhoods and many homes have golf course and open space views. Assessment District No. 2002-01 consists primarily of developed parcels, including 1,275 residential parcels, of which 1,152 are single family detached homes and 123 are multi-family units, 85 commercial parcels, 26 indusfrial parcels, 4 other parcels*, and 48 undeveloped parcels. Assessment Disfrict No. 2002-01 encompasses approximately 1,233 gross acres. The single family homes range in size from approximately 1,615 square feet in the Avellino conmiunity to approximately 6,219 square feet in the Magnolia Estates community. The multi-family units are income-restricted condominium homes ranging from 863 square feet to 1,121 square feet in the Mulberry community at Bressi Ranch. Benefit Area No. 1 (Calavera Hills II) of Assessment District No. 2003-01 (College Boulevard and Cannon Road East) Assessment District No. 2003-01 (College Boulevard and Cannon Road East) is located in the northem portion of the City, primarily along College Boulevard south of State Highway 78. Assessment District No. 2003-01 encompasses a portion of the Calavera Hills II Master Plan which features 19 residential villages, 1 community park, 2 school sites, 2 conmiunity facility sites, 1 recreational vehicle storage facility and large areas of open space corridors. Further, the Assessment Disfrict sits adjacent to the Lake Calavera Preserve; the largest of 13 city ovmed, dedicated, and managed nature preserves in Carlsbad. This area is popular with hikers, mountain bikers, and nature lovers. Many homes in the Assessment Disfrict have views of the Lake Calavera Preserve. Includes a school, church, mausoleum, and an association storage. 15 Benefit Area No. 1 of Assessment District No. 2003-01 (College Boulevard and Carmon Road East) is fully developed and consists of 582 residential parcels, of which 330 are single family detached homes and 252 are multi-family units. Benefit Area No. 1 of Assessment District No. 2003-01 encompasses approximately 302 gross acres. The single family homes range in size from approximately 1,643 square feet m the Ravinia community to approximately 2,872 square feet in the Montaro community. The multi-family units consist of 46 friplex build-up and 19 six-plex buildings in the Mystic Point community. Although Assessment District No. 2003-01 (College Boulevard and Cannon Road East) also encompassed Benefit Area No. 2, which includes the primarily residential Robertson Ranch East development, assessments levied in Benefit Area No. 2, when and if levied, were not security for the 2004 Bonds, and are not security for the Bonds. Table 2 below summarizes the assessed values of the property within the Reassessment District for the current and previous fiscal years. TABLE 2 CITY OF CARLSBAD REASSESSMENT DISTRICT NO. 2012-1 SUMMARY OF ASSESSED VALUES Fiscal Structure Total Assessed Year Land Value(l) Value(l) Value^^^ 2008-09 $868,385,611 $690,721,600 $1,559,107,211 2009-10 739,218,419 678,085,138 1,417,303,557 2010-11 714,926,303 694,254,413 1,409,180,716 2011-12 707,668,162 738,623,360 1,446,291,522 2012-13 690,841,891 746,757,406 1,437,599,297 Assessed Value is based upon San Diego County secured roll information as of January 1 prior to each fiscal year. Source: NBS Direct and Overlapping Indebtedness The ability of an owner of land within the Reassessment Disfrict to pay the Reassessment Installments could be affected by the existence of other taxes and assessments imposed upon the property. Those taxes and assessments that secure the repayment of overlapping debt in the Reassessment District are set forth by Assessment District in Tables 3-A and 3-B (together, the "Debt Report"). The Debt Report sets forth those entities which have issued debt and does not include entities which only levy or assess fees, charges, ad valorem taxes or special taxes. See the Debt Report for all entities levymg taxes, assessments or other charges on property in the City. The Debt Report does not include the principal amount of the Bonds. The Debt Report has been derived from data assembled and reported to the City by Califomia Municipal Statistics Inc. as of November 1, 2012. The Debt Report includes information for all parcels located within the Reassessment Disfrict, including those parcels which prepaid their Reassessments or which had $0 Reassessments. Neither the City nor the Underwriter has independently verified the information in the Debt Report and they do not guarantee its completeness or accuracy. 16 TABLE 3-A CITY OF CARLSBAD ASSESSMENT DISTRICT NO. 2002-01 (POINSETTIA LANE EAST) 2012-13 Local Secured Assessed Valuation: $1,194,737,265 DIRECT AND OVERLAPPING TAX AND ASSESSMENT Percent Debt as of DEBT Applicable 11/1/2012 Mefropolitan Water Disfrict 0.057% $ 112,031 Palomar Community College District 0.315 1,003,508 Carlsbad Unified School District 5.471 10,738,692 San Marcos Unified School District 1.917 3,968,995 San Marcos Unified School Disfrict School Facihties Improvement 2.086 177,269 District 2.086 177,269 City of Carlsbad Assessment District No. 2002-01 100.000 23,100,000^*^ San Marcos Unified School District Community Facilities Disfrict No. 4 32.779 7.078.625 Total Direct And Overlapping Tax And Assessment Debt $46,179,120 Refunding 1915 Act bonds to be sold. Source: Califomia Municipal Statistics, Inc. TABLE 3-B CITY OF CARLSBAD ASSESSMENT DISTRICT NO. 2003-01 (COLLEGE BOULEVARD AND CANNON ROAD EAST) BENEFIT AREA NO. 1 (CALAVERA HILLS II) 2012-13 Local Secured Assessed Valuation: $242,862,032 DIRECT AND OVERLAPPING TAX AND ASSESSMENT Percent DEBT Applicable Debt as of 11/1/2012 Metropolitan Water Disfrict Carlsbad Unified School Disfrict City of Carlsbad Assessment District No. 2003-01 Total Direct And Overlapping Tax And Assessment Debt 0.012% 1.459 100.000 $ 23,585 2,863,782 9.743.000^*^ $12,630,367 ^'^ Refunding 1915 Act bonds to be sold. Source: Califomia Municipal Statistics, Inc. Value-to-Reassessment Lien Ratios The value of the parcels within the Reassessment District with unpaid Reassessments is significant because in the event of a delinquency in the payment of Reassessment Installments, the Reassessment Disfrict may foreclose only against delinquent parcels. In fiscal year 2012-13, the assessed value ofthe property witiiin the Reassessment District with unpaid Reassessments is $1,437,599,297. Based on 2012-13 assessed values, the Reassessment Disfrict has an assessed value-to-reassessment lien ratio of 43.77 to 1 (exclusive of the unpaid Assessments for fiscal year 2012-13 and the overlapping liens shovm in Tables 3-A and 3-B). Table 4 below sets forth the assessed value-to-reassessment lien ratios for the parcels with unpaid Reassessments, excluding the overlapping liens shovm in Tables 3-A and 3-B: 17 TABLE 4* CITY OF CARLSBAD REASSESSMENT DISTRICT NO. 2012-1 VALUE-TO-REASSESSMENT LIEN RATIOS BY ASSESSED VALUE Estimated Assessed Value to Average Value to Reassessment No. of Total % ofthe Total Total Assessed Reassessment Lien Ratio^^^ Parcels Reassessmen/^^ Reassessment Value^^^ Lien Ratio^'^^ 0.00 to 4.99:1 5 $ 88,266 0.27% $ 327,587 3.71 5.00 to 9.99:1 10 601,690 1.83 5,488,492 9.12 10.00 to 14.99:1 13 499,223 1.52 5,659,508 11.34 15.00 to 19.99:1 132 4,123,992 12.56 71,098,238 17.24 20.00 to 29.99:1 376 7,011,736 21.35 172,714,147 24.63 Greater than 30:1 1,484 20.518.094 62.47 1.182,311.325 57.62 Total 2,020 $ 32,843,000 100.00 $ 1,437,599,297 43.77 ^'^ The numerator is the 2012-13 assessed value and the denominator equals the estimated reassessment amount of $32,843,000. Preliminary; subject to change. Land and structure values. Assessed Value is based upon 2012-13 San Diego County secured roll information as of January 1, 2012. ^'^^ Excludes the overlapping liens shown in Tables 3-A and 3-B. Source: NBS Preliminary, subject to change. 18 Table 5 below sets forth the Reassessments and assessed property value and value to reassessment lien by property type. TABLE 5 CITY OF CARLSBAD REASSESSMENT DISTRICT NO. 2012-1 LEVIES AND DELINQUENCIES IN PRIOR ASSESSMENT DISTRICTS No. of 2012/13 Assessment Percentage of Total Structure Total Assessed Total Assessed Value-to-Lien Category Parcels Levy^*^ Levy Land Value^^^ Value^^^ Value^^^ Reassessments^^^ Per Categ Developed: Single-Family 1,482 $1,823,460 60.8% $462,718,597 $523,817,336 $986,535,933 $19,950,256 49.45 Multi-Family 375 409,355 13.6 71,468,719 65,919,741 137,388,460 4,635,869 29.64 Commercial 85 291,714 9.7 60,228,757 115,833,230 176,061,987 3,134,460 56.17 Industrial 26 65,989 2.2 14,985,540 25,820,292 40,805,832 707,643 57.66 Other(4) 4 75,382 Z5 15.553,081 15,264,807 30,817.888 811,271 37.99 Total Developed: 1,972 $2,665,900 88.8% $624,954,694 $746,655,406 $1,371,610,100 $29,239,498 46.91 Undeveloped: Single-Family 25 $24,793 0.8% $8,458,181 $0 $8,458,181 $265,334 31.88 Commercial 1 5,152 0.2 510,000 102,000 612,000 55,312 11.06 Industrial 22 305,153 10.2 56,919,016 0 56,919,016 3,282.856 17.34 Total Undeveloped: 48 $335,097 11.2% $65,887,197 $0 $65,989,197 $3,603,502 18.31 Total: 2,020 $3,000,997 100.0% $690,841,891 $746,757,406 $1,437,599,297 $32,843,000 43.77 Represents the combined 2012-13 assessment levy of the Prior Assessment Districts. •^^^ Assessed Value is based upon 2012-13 San Diego County secured roll information as of January 1, 2012. Preliminary; subject to change. ^' Represents a school, church, mausoleum, and association storage. Source: NBS 19 Delinquencies in the Reassessment District As of October 31, 2012, 18 parcels within the Reassessment District with unpaid Reassessments had not paid either thefr first or second installment of property taxes and two additional parcels had not paid their second installment. Five of the parcels which have not paid either their first or second installment of property taxes are delinquent in their payment of fiscal year 2010-11 property taxes. The City does not participate in the County of San Diego Teeter Plan. The following table sets forth a history of the assessments levied and delinquencies within the Disfrict since fiscal year 2007-08. TABLE 6 CITY OF CARLSBAD REASSESSMENT DISTRICT NO. 2012-1 LEVIES AND DELINQUENCIES IN PRIOR ASSESSMENT DISTRICTS^*^ No. of Amount Percentage Parcels Amount Percentage No. of Delinquent Delinquent Delinquent No. of Delinquent Delinquent Parcels as of as of as of Fiscal Amount Parcels as of as of Delinquent as October 31, October 31, October 31, Year Levied Levied June 30 June 30 of June 30 2012 2012 2012 2007-08 $3,004,525 1,818 $143,270 4.77% 117 $ 0 0.00% 0 2008-09 3,003,371 1,867 118,816 3.96 97 2,575 0.09 2 2009-10 3,014,695 1,880 95,625 3.17 82 2,592 0.09 2 2010-11 3,002,626 1,922 89,455 2.98 94 8,939 0.30 5 2011-12 2,997,671 1,990 38,660 1.29 32 23,261 0.78 18 Represents the combined 2012-13 assessment levy of the prior assessment districts for the years shown. Source: NBS 20 Concentration of Ownership As summarized in Table 7 below, no property owner within the Disfrict currently owns parcels responsible for more than 6% ofthe Reassessment lien, and the ten largest property owners are responsible for approximately 19% of the Reassessment lien. See "BONDOWNERS' RISKS - Concentration of Ownership". TABLE 7 CITY OF CARLSBAD REASSESSMENT DISTRICT NO. 2012-1 TOP 10 REASSESSMENT PAYERS Owner No. of Parcels Description 2012/13 Assessment Levy"> Percentage of Total Levy Total Assessed Value^^' Total Reassessments^^' Value-to- Lien Ratio Slough Carlsbad LLC^'** 12 Vacant Industrial $ 152,257.40 5.07% $ 27,854,016 $ 1,637,820 17.01 Regency Bressi LLC^'* 7 Commercial & Vacant Commercial 126,404.22 4.21 56,066,170 1,360,231 41.22 Pacific Ridge School 1 Private School 66,893.02 2.23 27,600,139 720,297 38.32 Palomar Airport Road LLC 24 Commercial, Industrial & Vacant Industrial 54,965.98 1.83 15,942,000 590,467 27.00 Pivotal 650 Califomia St LLC 4 Vacant Industrial 38,350.04 1.28 13,808,141 412,360 33.49 Slater Place LP 1 Vacant Industrial 29,594.34 0.99 3,075,734 318,573 9.65 Modema Del Mar LLC 2 Commercial 26,800.52 0.89 12,400,000 288,310 43.01 Taylor Morrison of Califomia LLC 30 Single-Family Homes & Vacant Residential 26,242.20 0.87 18,185,400 280,845 , 64.75 • Bressi Development LLC 1 Commercial 23,847.90 0.79 8,194,260 256,682 31.92 ECR Corporate Center LP 1 Commercial 21.749.32 0.72 31.920.375 234.079 136.37 Sub-Total Top 10 Reassessment Payers 83 $ 567,104.94 18.90% $215,046,235 $6,099,664 35.26 All Other Reassessment Payers 1,937 $2,433,892.28 81.10% $1,222,553,062 $26,743,336 45.71 Total Reassessment Payers 2,020 $3,000,997.22 100.00% $1,437,599,297 $32,843,000 43.77 Represents the combined fiscal year 2012-13 assessment levy of the prior assessment districts. Assessed Value is based upon fiscal year 2012-13 San Diego County secured roll infonnation as of January 1, 2012. Preliminary; subject to change. Slough Carlsbad, LLC has received discretionary approvals for the development of industrial buildings consisting of 6 two-story buildings ranging fi-om 45,000 - 56,000 square feet with a total ground floor area of 300,000 square feet and 8 two-story office/industrial building totaling approximately 390,000 square feet, a parking deck, and 24,243 square feet of employee eating area. Regency Bressi, LLC owns 7 industrial parcels in the Bressi Ranch Village Center. Bressi Ranch Village Center feature a mix of shops, services, restaurants, and eateries anchored by two markets. Businesses located on these parcels include two grocery stores, a Stater Brothers store and Trader Joe's, multiple dining and specialty food offerings, including Tommy V's Urban Kitchen & Bar, Peet's Coffee & Tea, Board & Brew, Luna Grill, Rubio's Fresh Mexican Grill, Souplantation Express, and shops such as Unleashed by Petco and Perfectly at Home, medical facilities such as Carlsbad Optometry and Gateway Dental, and services including 4G Verizon Wireless, Postal Annex, Premiere Cleaners, Reform Yoga and Twig Hair Lounge. Source: NBS (5) 21 Tax Rates Property tax rates for single family residences in Assessment District No. 2002-01 range from approximately 1.31% to 1.70%. Property tax rates for single family residences in Benefit Area No. 1 of Assessment District No. 2003-01 range from approxunately 1.54% to 1.82%. BONDOWNERS' RISKS General In order to pay debt service on the Bonds, it is necessary that unpaid Reassessment Installments on parcels within the City are paid in a timely manner. The Reserve Fund will be used to pay debt service on the Bonds if delinquent Reassessment Installments should occur. The Reassessments are a lien on the parcels of land and the City has covenanted to institute foreclosure proceedings under certain circumstances against parcels with delinquent Reassessment Installments. Failure by owners of the parcels to pay Reassessment Installments when due, depletion of the Reserve Fund or the inability of the City to sell parcels which have been subject to foreclosure proceedings for amounts sufficient to cover the delinquent Reassessment Installments for such parcels may result in the inability of the City to make fiill or punctual payments of debt service on the Bonds, and Bondovmers would therefore be adversely affected. The 1915 Act provides that except under certain circumstances property is to be sold upon foreclosure at a Minimum Price. "Minimum Price" as defined in the 1915 Act is the amount equal to the delinquent installments of principal or interest of the reassessment or assessment, together with all interest penalties, costs, fees, charges and other amounts more fully detailed in the 1915 Act. The court may authorize a sale at less than the Minimum Price if the court determines that sale at less than the Minimum Price will not resuh in an ultimate loss to the Bondowners or, under certain circumstances, if owners of 75% or more of the outstanding Bonds consent to such sale. There can be no assurance that foreclosure proceedings will occur in a timely manner so as to avoid depletion of the Reserve Fund and a delay in payments of debt service on the Bonds. See "SECURITY FOR THE BONDS — Covenant to Foreclose and Court Foreclosure Proceedings." Unpaid Reassessment Installments do not constitute a personal indebtedness of the owners of the parcels within the Reassessment Disfrict. There is no assurance the owners will be able to pay the Reassessment Installments or that they will pay such installments even though financially able to do so. Concentration of Ownership Based upon development status and ovmership as of the January 1, 2012 lien date, it is estimated that ten property owners within the Reassessment Disfrict would be responsible for approximately 19% of the Reassessments. Several of the properties owned by such property ovmers are either vacant or under constmction. The level of concenfration in the obligation to pay the Reassessments represents a risk to Bondovmers. The receipt of the Reassessments is dependent on the willingness and the ability of the landowners to pay the Reassessments when due, which could be adversely affected by the landovmers' inability to lease and sell property within the Reassessment Disfrict due to commercial downtums, high vacancy rates or downtums in the residential or commercial markets. Failure of the landovmers, or any successor, to pay the aimual levies of Reassessments when due could result in a default in payments of the principal of, and interest on, the Bonds, when due. The only assets of landowners within the Reassessment Disfrict which constitute security for the payment of Reassessments is the landowners' respective real property holdings located within the Reassessment Disfrict and subject to the reassessment. See "SECURITY FOR THE BONDS — Covenant to Foreclose and Court Foreclosure Proceedings". 22 The concentration of ovmership will change over time as the Reassessments levied on property in Benefit Area No. 1 of Assessment District No. 2003-01 cease on and after September 2, 2034. After September 2, 2034, the Bonds maturing on September 2, 2035 will be secured solely by property in Assessment District No. 2002-01. The ten largest property owners in Assessment Disfrict No. 2002-01 are the same as the those shown for the Reassessment District as a whole in Table 7. However, whereas the Reassessments to be levied upon these property owners constitute 18.90% of the total Reassessments to be levied in the Reassessment Disfrict, such Reassessments constitute 26.31% of the total Reassessments to be levied in Assessment District No. 2002-01. Delinquency Resulting in Ultimate or Temporary Loss on Bonds If a temporary deficiency occurs in the Redemption Fund with which to pay the principal of or interest on Bonds that have then matured, or the principal and interest on Bonds coming due during the current year, unless it appears to the Treasurer that there will be an ultimate loss to the Bondowners, the Treasurer shall cause the Tmstee to pay the principal of Bonds which have matured as presented and make interest payments on the Bonds when due, as long as there are available fimds in the Redemption Fund, in the order of priority and as required by the Indenture. If it appears to the Treasurer that there is a danger of an ultimate loss accming to the Bondowners for any reason, the Treasurer is requfred pursuant to the 1915 Act to withhold payment on all matured Bonds and interest on all Bonds and report the facts to the City so that the City may take proper action to equitably protect all Bondowners. See APPENDIX C — "SUMMARY OF INDENTURE." Non-Cash Payments of Reassessments The 1915 Act may permit the owner of a parcel that is subject to an unpaid Reassessment Installment to tender any Bond secured by such Reassessment in payment or partial payment of any installment of the Reassessment or interest or penalties thereon which may be due or payable. A Bond so tendered is to be accepted at the par amount thereof and credit is to be given for any interest thereon accmed to the date of the tender. Thus, if Bonds can be purchased at a discount, it may be to the advantage of a property owner to pay amounts due with respect to an assessment by tendering a Bond. Such a practice would decrease the cash flow available to the City to make payments with respect to other Bonds then outstanding and could result in a default in payment on the Bonds. Limited City Obligation Upon Delinquency Pursuant to the 1915 Act, the City has elected not to be obligated to advance funds from the freasury of the City for delinquent Reassessment Installments. The only obligation of the City with respect to such delinquencies and the consequent deficiencies in the Redemption Fund is to advance money to the Redemption Fund from the Reserve Fund. The City has no obligation to replenish the Reserve Fund except to the extent that delinquent Reassessment Installments are paid or proceeds from foreclosure sales are realized. There is no assurance that the balance in the Reserve Fund will always be adequate to pay all delinquent Reassessment Installments and if during the period of delinquency there are insufficient fimds in the Reserve Fund, a delay may occur in payments to the Bondowners. Land Values The value of the property within the Reassessment District is a critical factor in determining the investment quality of the Bonds. If a property owner is delinquent in the payment of Reassessment Installments, the City's only remedy is to commence foreclosure proceedmgs against the delinquent parcel in an attempt to obtain funds to pay the delinquent Reassessment Installments. Reductions in property values due to a downturn in the economy, physical events such as earthquakes, fires or floods, stricter land use regulations, delays in development or other events will adversely impact the security underlying the reassessments. See "THE REASSESSMENT DISTRICT — Value-to-Reassessment-Lien Ratios". 23 55 The assessed values set forth in this Official Statement do not represent market values arrived at through an appraisal process and generally reflect only the sales price of a parcel when acquired by its current owner, adjusted armually by an amount determined by the County Assessor, generally not to exceed an increase of more than 2% per fiscal year. No assurance can be given that a parcel could actually be sold for its assessed value. No assurance can be given that any bid will be received for a parcel with delinquent Reassessment Installments offered for sale at foreclosure or, if a bid is received, that such bid will be sufficient to pay all delinquent Reassessment Installments. See "SECURITY FOR THE BONDS — Covenant to Foreclose and Court Foreclosure Proceedings." Bankruptcy and Foreclosure The payment of Reassessments and the ability of the City to foreclose the lien of delinquent unpaid Reassessment Installments, as discussed in the section entitled "SECURITY FOR THE BONDS — Covenant to Foreclose and Court Foreclosure Proceedmgs", may be limited by bankmptcy, insolvency, or other laws generally affecting creditors' rights or by the law of the State of Califomia relating to judicial foreclosure. In addition, the prosecution of a foreclosure could be delayed due to crowded local court calendars or procedural delays. The various legal opinions to be delivered concurrently with the delivery of the Bonds (including Bond Counsel's approving legal opinion) will be qualified as to the enforceability of the various legal instmments by bankmptcy, reorganization, insolvency or other similar laws affecting the rights of creditors generally. Although bankmptcy proceedings would not cause the Reassessments to become extinguished, bankmptcy of a property owner could result in a delay ui prosecuting superior court foreclosure proceedings and could result in delinquent Reassessment Installments not being paid in fiill. Where property is encumbered by liens securing mortgage loans, it is highly probable that bankmptcy of a property owner would delay foreclosure for an extended period of time. Such a delay would increase the likelihood of a delay or default in payment of the principal and interest on the Bonds. FDIC/Federal Government Interests in Parcels The ability of the City to collect interest and penalties specified by the Act and to foreclose the lien of delinquent Reassessment Installments may be limited in certain respects with regard to parcels in which the Federal Deposit Insurance Corporation (the "FDIC") has or obtains an mterest. Specifically, in the event that any financial institution making a loan which is secured by parcels is taken over by the FDIC and the applicable Reassessment Installment is not paid, the remedies available to the City may be constrained. The FDIC's policy statement regarding the payment of state and local real property taxes (the "Policy Statement") provides that taxes other than ad valorem taxes which are secured by a valid lien in effect before the FDIC acquired an interest in a property will be paid unless the FDIC determines that abandonment of its interests is appropriate. The Policy Statement provides that the FDIC generally will not pay installments of mm-ad valorem taxes which are levied after the time the FDIC acquires its fee interest, nor will the FDIC recognize the validity of any lien to secure payment except in certain cases where the Resolution Tmst Corporation had an interest in property on or prior to December 31, 1995. Moreover, the Policy Statement provides that, with respect to parcels on which the FDIC holds a mortgage lien, the FDIC will not permit its lien to be foreclosed out by a taxing authority without its specific consent, nor will the FDIC pay or recognize liens for any penalties, fines or similar claims imposed for the non-payment of taxes. If a parcel with unpaid Reassessments within the Reassessment District is owned by a federal govemmental entity, or a private deed of frust secured by a parcel with unpaid Reassessments within the Reassessment Disfrict is owned by a federal govemmental entity, the ability to foreclose on the parcel to 24 5^ collect delinquent Reassessments may be limited. Federal courts have held that, based on the supremacy clause of the United States Constitution, m the absence of Congressional intent to the confrary, a state or local agency cannot foreclose to collect delinquent taxes or assessments if foreclosure would impair the federal govemment interest. This means that, unless Congress has otherwise provided, if a federal govemmental entity owns a parcel with impaid Reassessments within the Reassessment Disfrict but does not pay taxes and assessments levied on the parcel (including Reassessments), the applicable state and local govemments carmot foreclose on the parcel to collect the delinquent taxes and assessments. Moreover, unless Congress has otherwise provided, if the federal govemment has a mortgage interest in the parcel and the City wishes to foreclose on the parcel as a result of delinquent Reassessments, the property cannot be sold at a foreclosure sale unless it can be sold for an amount sufficient to pay delinquent taxes and assessments on a parity with the Reassessments and preserve the federal govemment's mortgage interest. In Rust v. Johnson (9th Circuit; 1979) 597 F.2d 174, tiie United States Court of Appeal, Nintii Circuit held that the Federal National Mortgage Association ("FNMA") is a federal instmmentality for purposes of this doctrine, and not a private entity, and that, as a result, an exercise of state power over a mortgage interest held by FNMA constitutes an exercise of state power over property of the United States. The City has not undertaken to determine whether any federal govemmental entity currently has, or is likely to acquire, any interest (mcluding a mortgage interest) in any of the parcels with unpaid Reassessments within the Reassessment District, and therefore expresses no view conceming the likelihood that the risks described above will materialize while the Bonds are outstanding The City's remedies may also be limited in the case of delinquent Reassessment Installments with respect to parcels in which other federal agencies (such as the Intemal Revenue Service and the Dmg Enforcement Adminisfration) have or obtain an interest. The City is unable to predict what effect the application of the Policy Statement would have in the event of a delinquency with respect to a portion of the parcels in which the FDIC has or obtains an interest, although prohibiting the lien of the FDIC to be foreclosed out at a judicial foreclosure sale would prevent or delay the foreclosure sale. Natural Disasters The Reassessment District, like many Califomia communities, may be subject to unpredictable seismic activity, fires, flood, or other natural disasters. Southem Califomia is a seismically active area. Seismic activity represents a potential risk for damage to buildings, roads and property within the Reassessment District. In addition, land susceptible to seismic activity may be subject to liquefaction during the occurrence of such event. The City is located in an area of high fire risk. Significant wildfires have burned portions of the City in recent years including property adjacent to the Reassessment District. Risk of wildfire is significant for all property within the Reassessment Disfrict. The most likely potential earthquake risk for property in Reassessment Disfrict is from the Rose Canyon fault. Earthquakes from this source are expected to have a potential for seismic ground shaking with a maximum credible magnitude of 7.0 and a maximum probable magnitude of 6.25. The "maximum credible earthquake" is defined as the maximum earthquake that appears capable of occurring under the presently known tectonic framework, while the "maximum probable earthquake" is the maximum earthquake that is considered likely to occur during a 100-year time interval. In the event of a severe earthquake, fire, flood or other natural disaster, there may be significant damage to both property and infrastmcture in the Reassessment Disfrict. As a result, a substantial portion of the property owners may be unable or unwilling to pay the Reassessment Installments when due. In addition, the value of land in the Reassessment District could be duninished in the aftermath of such a natural disaster. 25 57 reducing the resulting proceeds of foreclosure sales in the event of delinquencies in the payment of the Reassessment Installments. Hazardous Substances While govemment taxes, assessments and charges are a common claim against the value of a parcel, other less common claims may also be relevant. The value of a parcel may be reduced as a result of a claim with regard to a hazardous substance. In general, the owners and operators of a parcel may be required by law to remedy conditions relating to releases or threatened releases of hazardous substances. The federal Comprehensive Environmental Response, Compensation and Liability Act of 1980, sometimes referred to as "CERCLA" or the "Super Fund Act", is the most well-known and widely applicable of these laws, but Califomia laws with regard to hazardous substances are also stringent and similar in effect. Under many of these laws, the owner (or operator) is obligated to remedy a hazardous substance condition of a parcel whether or not the owner (or operator) had anything to do with creating or handlmg the hazardous substance. The effect, therefore, should any of the parcels withm the Reassessment District be affected by a hazardous substance, is to reduce the marketability and value by the costs of remedying the condition because the prospective purchaser of such a parcel will, upon becoming the owner of such parcel, become obligated to remedy the condition just as the seller of such a parcel is. Loss of Tax Exemption As discussed under tiie headmg "CONCLUDING INFORMATION — Tax Matters," interest on the Bonds could cease to be excluded from gross mcome for purposes of federal income taxation, refroactive to the date the Bonds were issued, as a result of future acts or omissions of the City. In addition, it is possible that future changes in applicable federal tax laws could cause interest on the Bonds to be mcluded in gross income for federal income taxation or could otherwise reduce the equivalent taxable yield of such interest and thereby reduce the value of the Bonds. Limited Secondary Market There can be no guarantee that there will be a secondary market for the Bonds or, if a secondary market exists, that such Bonds can be sold for any particular price. Although the City has committed to provide certain statutorily-required financial and operating information, there can be no assurance that such information will be available to Bondovmers on a timely basis. The failure to provide the required armual financial information does not give rise to monetary damages but merely an action for specific performance. Occasionally, because of general market conditions, lack of current information, the absence of a credit rating for the Bonds or because of adverse history or economic prospects cormected with a particular issue, secondary marketing practices in cormection with a particular issue are suspended or terminated. Additionally, prices of issues for which a market is being made will depend upon then prevailing circumstances. Such prices could be substantially different from the original purchase price. Future Debt Issuance The ability of an owner of land within the Reassessment District to pay the Reassessment Installments could be affected by the existence of other taxes and assessments imposed upon taxable parcels. In addition, the City and other public agencies whose boundaries overlap those of the Reassessment District could impose additional taxes or assessment liens on the property within the Reassessment District in order to finance public improvements or services to be located or provided inside of or outside of such area. The lien created on the property within the Reassessment Disfrict through the levy of such additional taxes may be on a parity with the lien of the Reassessments levied by the City. See "THE REASSESSMENT DISTRICT — Direct and Overlapping Indebtedness". 26 The imposition of additional liens on a parity with the Reassessment Installments may reduce the ability or willingness of the landovmers to pay the Reassessment Installments and increase the possibility that foreclosure proceeds will not be adequate to pay delinquent Reassessment Installments. The City does not have control over the ability of other entities and districts to issue indebtedness secured by special taxes, ad valorem taxes or assessments payable from all or a portion of the property within the Reassessment District. In addition, the landowners within the Reassessment District may, without the consent or knowledge of the City, petition other public agencies to issue public indebtedness secured by special taxes, ad valorem taxes or assessments. Any such special taxes, ad valorem taxes or assessments could reduce the estimated value-to-lien ratios for property within the Reassessment District described herein. Ballot Initiatives From time to time constitutional initiatives or other initiative measures may be adopted by Califomia voters. The adoption of any such initiative might place limitations on the ability of the State, the County or local districts to increase revenues or to increase appropriations, or on the ability of the landovmers to complete their developments. Constitutional Amendment - Articles XIHC and XIHD An initiative measure commonly referred to as the "Right to Vote on Taxes Act" (the "Initiative") was approved by the voters of the State of Califomia at tiie November 5, 1996 general election. The Initiative added Article XIIIC ("Article XIIIC") and Article XIIID ("Article XIIID") to the Califomia Constittition. Accordmg to the "Titie and Summary" of the Initiative prepared by the Califomia Attomey General, the Initiative limits "the authority of local govemments to impose taxes and property-related assessments, fees and charges." Article XIIID requires that, begmnmg July 1, 1997, the proceedings for the levy of any assessment by the City under the 1913 Act (including, if applicable, any mcrease in such assessment or any supplemental assessment under the 1913 Act) must be conducted in conformity with the provisions of Section 4 of Article XIIID. The City completed its proceedings for the levy of assessments in the Reassessment District on [January 8, 2013] after complying with the procedural requirements of Section 4 of Article XIIID. Under Section 10400 of the 1913 Act, any challenge to the proceedmgs or the Reassessment must be brought within 30 days after the date the reassessment was levied. Article XIIIC removes limitations on the initiative power in matters of local taxes, assessments, fees and charges. Article XIIIC does not define the term "assessment", and it is unclear whether this term is intended to include assessments or reassessments levied under the Act. In the case of the unpaid Reassessments which are pledged as security for payment of the Bonds, the 1915 Act provides a mandatory, statutory duty of the City and the County Auditor to post Reassessment Installments on account ofthe unpaid Reassessments to the property tax roll of the County each year while any of the Bonds are outstanding, commencing with property tax year 2013-14, in amounts equal to the principal of and interest on the Bonds coming due in the succeeding calendar year plus certain adminisfrative costs. It is unlikely that the initiative power can be used to reduce or repeal the unpaid Reassessments or Assessments which are pledged as security for payment of the Bonds or to otherwise interfere with performance of the mandatory, statutory duty of the City and the County Auditor with respect to the unpaid Reassessments and Assessments which are pledged as security for payment of the Bonds. The interpretation and application of the Initiative has been and will continue to be determined by the courts with respect to a number of the matters discussed above, and it is not possible at this time to predict with certainty the outcome of any future determination. 27 ra CONCLUDING INFORMATION Continuing Disclosure The City has agreed to execute a Continuing Disclosure Agreement (the "Disclosure Agreement") in cormection with the delivery of the Bonds for the benefit of the Underwriter, holders and beneficial owners of the Bonds to provide certain financial information and operating data relating to the City no later than 270 days following the end of the City's fiscal year (the "Armual Report") and to provide notices of the occurrence of certain enumerated events (the "Listed Events"). The Armual Reports will be filed on behalf of the City by The Bank of New York Mellon Tmst Company, N.A. (the "Dissemination Agent") with the Municipal Securities Rulemakmg Board. Notices of Listed Events will be filed by the Dissemination Agent with the Municipal Securities Rulemaking Board. The specific nature of the information to be included in the Armual Report and tiie notices of Listed Events is set forth in APPENDIX F — "FORM OF CITY CONTINUING DISCLOSURE AGREEMENT." The City has agreed to execute the Disclosure Agreement in order to assist the Underwriter in complying with Securities and Exchange Commission Rule 15c2-12(b)(5) (the "Rule"). See APPENDIX F — "FORM OF CONTINUING DISCLOSURE AGREEMENT." It should be noted that the City is required to file certain financial statements with the Annual Report. This requirement has been included m the Disclosure Agreement solely to satisfy the provisions of the Rule. The inclusion of this information does not mean that the Bonds are secured by any resources or property ofthe City other than the Reassessments and amounts pledged under the Indenture. See "BONDOWNERS' RISKS — Limited City Obligation Upon Delinquency." It should also be noted that the list of significant events which the City has agreed to report includes items related to credit enhancements and ratings. These items have been included in the list solely to satisfy the requirements of the Rule. The Bonds have not been assigned a credit rating and have no credit enhancement. The City has never failed to comply with any previous undertaking with regard to the Rule in any material respect. Legal Opinion Certain proceedings in connection with the issuance of the Bonds are subject to the approval of Sfradling Yocca Carlson & Rauth, a Professional Corporation, Newport Beach, Califomia, Bond Counsel ("Bond Coimsel"). The opmion of Bond Counsel attesting to the validity of the Bonds will be delivered with each Bond. A form of the opinion to be delivered by Bond Counsel is set forth in Appendix D hereto. Certain legal matters will be passed upon for the City by the City Attomey and by Stradling Yocca Carlson & Rauth, a Professional Corporation, Newport Beach, Califomia, as Disclosure Counsel. Certain legal matters will be passed upon for the Underwriter by its counsel, Jones Hall, A Professional Law Corporation, San Francisco, Califomia. Tax Matters In the opinion of Stradling Yocca Carlson & Rauth, a Professional Corporation, Newport Beach, Califomia, Bond Counsel, under existing statutes, regulations, mlings and judicial decisions, and assuming the accuracy of certain representations and compliance with certaui covenants and requfrements described herein, interest on the Bonds is excluded from gross income for federal income tax purposes and is not an item of tax preference for purposes of calculating the federal altemative minimum tax imposed on individuals and corporations. In the further opinion of Bond Counsel, interest on the Bonds is exempt from State of Califomia personal income tax. Bond Counsel notes that, with respect to corporations, interest on the Bonds is not included as an adjustment in the calculation of altemative minimum taxable income. 28 GO The difference between the issue price of a Bond (the first price at which a substantial amount of the Bonds of the same maturity is to be sold to the public) and the stated redemption price at maturity with respect to such Bond constitutes original issue discount. Original issue discount accmes under a constant yield method, and original issue discount will accme to a Bond Ovmer before receipt of cash attributable to such excludable income. The amount of original issue discount deemed received by the Bond Owner wall increase the Bond Owner's basis in the Bond. In the opinion of Bond Counsel, the amount of original issue discount that accmes to the ovmer of a Bond is excluded from the gross income of such owner for federal income tax purposes, is not an item of tax preference for purposes of the federal altemative minimum tax imposed on individuals and corporations, and is exempt from State of Califomia income tax. Bond Counsel's opmion as to the exclusion from gross income of interest (and original issue discount) on the Bonds is based upon certain representations and certifications made by the City and others and is subject to the condition that the City complies with all requfrements of the Intemal Revenue Code of 1986, as amended (the "Code), that must be satisfied subsequent to the issuance of the Bonds to assure that interest (and original issue discount) on the Bonds will not become includable m gross income for federal income tax purposes. Failure to comply with such requirements of the Code might cause the interest (and origmal issue discount) on the Bonds to be included in gross income for federal income tax purposes refroactive to the date of issuance of the Bonds. The City has covenanted to comply with all such requirements. The amount by which a Bond Owner's original basis for determining loss on sale or exchange in the applicable Bond (generally, the purchase price) exceeds the amount payable on maturity (or on an earlier call date) constitutes amortizable Bond premium, which must be amortized under Section 171 of the Code; such amortizable Bond premium reduces the Bond Owner's basis m the applicable Bond (and the amount of tax- exempt interest received), and is not deductible for federal income tax purposes. The basis reduction as a result of the amortization of Bond premium may result in a Bond Owner realizing a taxable gam when a Bond is sold by the Ovmer for an amount equal to or less (under certain circumstances) than the original cost of the Bond to the Ovmer. Purchasers of the Bonds should consult their own tax advisors as to the treatment, computation and collateral consequences of amortizable Bond premium. The Intemal Revenue Service (the "IRS") has initiated an expanded program for the auditmg of tax- exempt bond issues, including both random and targeted audits. It is possible that the Bonds will be selected for audit by the IRS. It is also possible that the market value of the Bonds might be affected as a result of such an audit of the Bonds (or by an audit of other similar bonds). It is possible that subsequent to the issuance of the Bonds there might be federal, state, or local statutory changes (or judicial or regulatory interpretations of federal, state, or local law) that affect the federal, state, or local tax freatment of the Bonds or the market value of the Bonds. No assurance can be given that subsequent to the issuance of the Bonds such changes or interpretations will not occur. Bond Counsel's opinions may be affected by actions taken (or not taken) or events occurring (or not occurring) after the Closing Date. Bond Counsel has not undertaken to determine, or to inform any person, whether any such actions or events are taken or do occur. The Indenture and the Tax Certificate relating to the Bonds pemiit certain actions to be taken or to be omitted if a favorable opinion of Bond Counsel is provided with respect thereto. Bond Counsel expresses no opinion as to the exclusion from gross income of uiterest (and original issue discount) on the Bonds for federal income tax purposes with respect to any Bond if any such action is taken or omitted based upon the advice of counsel other than Sfradling Yocca Carlson & Rauth, a Professional Corporation. Although Bond Counsel has rendered opinion that interest (and original issue discount) on the Bonds is excluded from gross income for federal income tax purposes provided that the City contmues to comply with certain requirements of the Code, the ovmership of the Bonds and the accmal or receipt of interest (and original issue discount) with respect to the Bonds may otherwise affect the tax liability of certam persons. Bond Counsel expresses no opinion regarding any such tax consequences. Accordingly, before purchasing any 29 of the Bonds, all potential purchasers should consult their tax advisors with respect to collateral tax consequences relating to the Bonds. A copy of the proposed form of opinion of Bond Counsel is attached hereto as Appendix D. Litigation There is no action, suit, or proceedmg known by the City to be pending at the present time resfraining or enjoining the delivery of the Bonds or in any way contestmg or affecting the validity of the Bonds or any proceedings of the City taken with respect to the execution or delivery thereof. A no litigation certificate executed by the City will be required to be delivered to the Underwriter with respect to these matters simultaneously with the delivery of the Bonds. Financial Interests The fees being paid to the Underwriter, Financial Advisor, Bond Counsel, Disclosure Counsel and Underwriter's Counsel are contingent upon the issuance and delivery of the Bonds. From time to time. Bond Counsel represents the Underwriter on matters unrelated to the Bonds. No Rating The City has not applied to and does not contemplate applying to any bond rating agency for the assignment of a ratmg on the Bonds. Underwriting The Bonds are being purchased by the Underwriter. The Underwriter has agreed to purchase the Bonds at a price of $ (aggregate principal amount of the Bonds, plus original issue premium in the amount of $ and less an Underwriter's discount of $ ). The Bond Purchase Agreement relating to the Bonds provides that the Underwriter will purchase all of the Bonds if any are purchased, the obligation to make such purchase being subject to certain terms and conditions set forth in the Bond Purchase Agreement, the approval of certam legal matters by counsel and certain other conditions. The Underwriter may offer and sell Bonds to certain dealers and others at prices lower than the offering prices stated on the inside cover page hereof. The offering prices may be changed from time to time by the Underwriter. Miscellaneous All quotations from, and summaries and explanations of, the Indenture, the Continuing Disclosure Agreement and other statutes and documents contained herein do not purport to be complete, and reference is made to said documents and statutes for full and complete statements of their provisions. This Official Statement is submitted only m connection with the sale of the Bonds by the City. All estimates, assumptions, statistical information and other statements contained herein, while taken from sources considered reliable, are not guaranteed by the City or the Underwriter. The information contained herein should not be constmed as representing all conditions affecting the City or the Bonds. 30 The execution and delivery of this Official Statement have been authorized by the City. CITY OF CARLSBAD By: Interim City Manager 31 APPENDIX A REASSESSMENT DIAGRAM A-1 APPENDIX B REASSESSMENT REPORT B-1 APPENDIX C SUMMARY OF THE INDENTURE [TO COME] C-l APPENDIX D OPINION OF BOND COUNSEL [Date of Delivery] City Council City of Carlsbad Carlsbad, Califomia Re: City of Carisbad Reassessment District No. 2012-1 Limited Obligation Refunding Bonds Ladies and Gentlemen: We have examined certified copies of proceedings taken by the City of Carlsbad (the "City") for the issuance of bonds designated "City of CaHsbad Reassessment District No. 2012-1 Limited Obligation Refunding Bonds" (the "Bonds") pursuant to the Refunding Act of 1984 for 1915 Improvement Act Bonds (Division 11.5 of the Streets and Highways Code of Califomia). The Bonds are issued pursuant to the City's Resolution No. (the "Resolution of Issuance") and an Indenture (the "Indenture") dated as of January 1, 2013, by and between the City and The Bank of New York Mellon Trust Company, N.A. as Trustee. This examination covers said proceedings down to and including the issuance of the Bonds; however, we have made no examination of the ownership or use of the property assessed. In rendering this opinion, we have relied upon certain representations of fact and certifications made by or on behalf of the City, the initial purchasers of the Bonds and others. We have not undertaken to verify through independent investigation the accuracy of the representations and certifications relied upon by us. The Bonds are dated their date of delivery and mature on the dates and in the amounts set forth in the Indenture. The Bonds bear interest payable semiannually on each March 2 and September 2, commencing on September 2, 2013, at the rates per annum set forth in the Indenture. Based upon the foregoing and in reliance thereon and on all matters of fact we deem relevant under the circumstances, and upon consideration of applicable laws, we are ofthe opinion that: 1. The City has duly authorized the issuance of the Bonds. The Bonds and the Indenture constitute legal, valid and binding limited obligations of the City enforceable in accordance with their terms, except to the extent that enforceability may be limited by moratorium, bankruptcy, reorganization, fraudulent conveyance or transfer, insolvency or other laws affecting creditors' rights generally, by the application of equitable principles, by the exercise of judicial discretion in appropriate cases and by limitations on legal remedies against public agencies in the State of Califomia; provided, however, we express no opinion with respect to any indemnification, contribution, penalty, choice of law or waiver provisions contained therein. 2. The Bonds are issued upon and secured by the unpaid Reassessments in Reassessment District No. 2012-1, together with interest thereon; said unpaid Reassessments together with interest thereon, constitute a trust fund for the redemption and payment of the principal of the Bonds and the interest thereon; the Bonds are secured by the moneys in the Redemption Fund established in the Indenture and by the unpaid Reassessments; and the Bonds are payable, as to both principal and interest, exclusively out of said Redemption Fund. 3. The Indenture creates a valid pledge of and lien upon the unpaid Reassessments and the interest thereon and the moneys in all funds and accounts established pursuant to the Indenture, other than the Administrative Expense Fund and the Rebate Fund, including the investments thereof, subject in all cases to the provisions of the Indenture permitting the application thereof for the purposes and on the terms and conditions set forth therein. 4. Under existing statutes, regulations, rulings and judicial decisions, interest (and original issue discount) on the Bonds is excluded from gross income for federal income tax purposes and is not an item of tax D-1 01 preference for purposes of calculating the federal altemative minimum tax imposed on individuals and corporations. 5. Interest (and original issue discount) on the Bonds is exempt from State of Califomia personal income tax. 6. The difference between the issue price of a Bond (the first price at which a substantial amount of the Bonds of a maturity are to be sold to the public) and the stated redemption price at maturity with respect to such Bond constitutes original issue discount. Original issue discount accrues under a constant yield method, and original issue discount will accrue to a Bond owner before receipt of cash attributable to such excludable income. The amount of original issue discount deemed received by a Bond owner will increase the Bond owner's basis in the applicable Bond. Original issue discount that accrues to the Bond owner is excluded from the gross income of such owner for federal income tax purposes, is not an item of tax preference for purposes of calculating the federal altemative minimum tax imposed on individuals and corporations (as described in paragraph 4 above) and is exempt from State of Califomia personal income tax. The opinion expressed in paragraphs 4 and 6 above as to the exclusion from gross income for federal income tax purposes of interest on the Bonds is subject to the condition that the City complies with all requirements of the Intemal Revenue Code of 1986, as amended (the "Code"), that must be satisfied subsequent to the issuance of the Bonds to assure that such interest (and original issue discount) will not become includable in gross income for federal income tax purposes. Failure to comply with such requirements of the Code might cause interest on the Bonds to be included in gross income for federal income tax purposes retroactive to the date of issuance of the Bonds. The City has covenanted to comply with all such requirements. Except as set forth in paragraphs 4, 5 and 6 above, we express no opinion as to any tax consequences related to the Bonds. We are admitted to the practice of law only in the State of Califomia and our opinion is limited to matters govemed by the laws of the State of Califomia and federal law. We assume no responsibility with respect to the applicability or the effect of the laws of any other jurisdiction. The opinions expressed herein and the exclusion of interest on the Bonds from gross income for federal income tax purposes may be affected by actions taken (or not taken) or events occurring (or not occurring) after the date hereof. Our engagement as Bond Counsel terminates upon the issuance of the Bonds and we have not undertaken to determine, or to inform any person, whether any such actions or events are taken (or not taken) or do occur (or do not occur). The opinions expressed herein are based upon our analysis and interpretation of existing laws, regulations, rulings and judicial decisions and cover certain matters not directly addressed by such authorities. We express no opinion herein as to the accuracy, completeness or sufficiency of the Official Statement relating to the Bonds or other offering material relating to the Bonds and expressly disclaim any duty to advise the Owners of the Bonds with respect to matters contained in the Official Statement. Respectfully submitted, Stradling Yocca Carlson & Rauth, A Professional Corporation D-2 APPENDIX E BOOK-ENTRY ONLY SYSTEM The information in this section conceming DTC and DTC's book-entry only system has been obtained from sources that the City believes to be reliable, but the City takes no responsibility for the completeness or accuracy thereof. The following description of the procedures and record keeping with respect to beneficial ownership interests in the Bonds, payment of principal, premium, if any, accreted value and interest on the Bonds to DTC Participants or Beneficial Owners, confirmation and transfers of beneficial ownership interests in the Bonds and other related transactions by and between DTC, the DTC Participants and the Beneficial Owners is based solely on information provided by DTC. The Depository Tmst Company ("DTC"), New York, New York, will act as securities depository for the Bonds. The Bonds will be issued as fully-registered securities registered in the name of Cede & Co. (DTC's partnership nominee) or such other name as may be requested by an authorized representative of DTC. One fully- registered Bond will be issued for each annual maturity of the Bonds, each in the aggregate principal amount of such maturity, and will be deposited through the facilities of DTC. DTC, the world's largest securities depository, is a limited-purpose tmst company organized under the New York Banking Law, a "banking organization" within the meaning of the New York Banking Law, a member ofthe Federal Reserve System, a "clearing corporation" within the meaning of the New York Uniform Commercial Code, and a "clearing agency" registered pursuant to the provisions of Section 17A of the Securities Exchange Act of 1934. DTC holds and provides asset servicing for over 3.6 million issues of U.S. and non-U.S. equity issues, corporate and municipal debt issues, and money market instmments (from over 100 countries) that DTC's participants ("Direct Participants") deposit with DTC. DTC also facilitates the post trade settlement among Direct Participants of sales and other securities transactions in deposited securities, through electronic computerized book- entry transfers and pledges between Direct Participants' accounts. This eliminates the need for physical movement of securities certificates. Direct Participants include both U.S. and non-U.S. securities brokers and dealers, banks, tmst companies, clearing corporations, and certain other organizations. DTC is a wholly-owned subsidiary of The Depository Tmst & Clearing Corporation ("DTCC"). DTCC is the holding company for DTC, National Securities Clearing Corporation and Fixed Income Clearing Corporation, all of which are registered clearing agencies. DTCC is owned by the users of its regulated subsidiaries. Access to the DTC system is also available to others such as both U.S. and non-U.S. securities brokers and dealers, banks, tmst companies, and clearing corporations that clear through or maintain a custodial relationship with a Direct Participant, either directly or indirectly ("Indirect Participants"). DTC has a Standard & Poor's rating of "AA-^-." The DTC Rules applicable to its Participants are on file with the Securities and Exchange Commission. More information about DTC can be found at www.dtcc.com. Purchases of Bonds under the DTC system must be made by or through Direct Participants, which will receive a credit for the Bonds on DTC's records. The ownership interest of each actual purchaser of each Bond ("Beneficial Owner") is in tum to be recorded on the Direct and Indirect Participants' records. Beneficial Owners will not receive written confirmation from DTC of their purchase. Beneficial Owners are, however, expected to receive written confirmations providing details of the transaction, as well as periodic statements of their holdings, from the Direct or Indirect Participant through which the Beneficial Owner entered into the transaction. Transfers of ownership interests in the Bonds are to be accomplished by entries made on the books of Direct and Indirect Participants acting on behalf of Beneficial Owners. Beneficial Owners will not receive Bonds representing their ownership interests in Bonds, except in the event that use of the book-entry system for the Bonds is discontinued. To facilitate subsequent transfers, all Bonds deposited by Direct Participants with DTC are registered in the name of DTC's partnership nominee. Cede & Co., or such other name as may be requested by an authorized representative of DTC. The deposit of Bonds whh DTC and their regisfration in the name of Cede & Co. or such other DTC nominee do not affect any change in beneficial ownership. DTC has no knowledge of the actual Beneficial Owners of the Bonds; DTC's records reflect only the identity of the Direct Participants to whose accounts such Bonds are credited, which may or may not be the Beneficial Owners. The Direct and Indirect Participants will remain responsible for keeping account of their holdings on behalf of their customers. E-1 Conveyance of notices and other communications by DTC to Direct Participants, by Direct Participants to Indirect Participants, and by Direct Participants and Indirect Participants to Beneficial Owners will be govemed by arrangements among them, subject to any statutory or regulatory requirements as may be in effect from time to time. Beneficial Owners of Bonds may wish to take certain steps to augment the transmission to them of notices of significant events with respect to the Bonds, such as prepayments, tenders, defauhs, and proposed amendments to the Bond documents. For example. Beneficial Owners of Bonds may wish to ascertain that the nominee holding the Bonds for their benefit has agreed to obtain and transmit notices to Beneficial Owners. In the altemative, Beneficial Owners may wish to provide their names and addresses to the registrar and request that copies of notices be provided directly to them. Redemption notices shall be sent to DTC. If less than all of the Bonds within a maturity are being prepaid, DTC's practice is to determine by lot the amount of the interest of each Direct Participant in such maturity to be redeemed. Neither DTC nor Cede & Co. (nor any other DTC nominee) will consent or vote with respect to Bonds unless authorized by a Direct Participant in accordance with DTC's MMI Procedures. Under its usual procedures, DTC mails an Omnibus Proxy to the City as soon as possible after the record date. The Omnibus Proxy assigns Cede & Co.'s consenting or voting rights to those Direct Participants to whose accounts Bonds are credhed on the record date (identified in a listing attached to the Omnibus Proxy). Redemption proceeds, distributions, and dividend payments on the Bonds will be made to Cede & Co., or such other nominee as may be requested by an authorized representative of DTC. DTC's practice is to credit Direct Participants' accounts upon DTC's receipt of funds and corresponding detail information from the City or the Tmstee, on payable date in accordance with their respective holdings shown on DTC's records. Payments by Participants to Beneficial Owners will be govemed by standing instmctions and customary practices, as is the case with securities held for the accounts of customers in bearer form or registered in "sfreet name," and will be the responsibility of such Participant and not of DTC, the Tmstee, or the City, subject to any statutory or regulatory requirements as may be in effect from time to time. Payment of redemption proceeds, distributions, and dividend payments to Cede & Co. (or such other nominee as may be requested by an authorized representative of DTC) is the responsibility of the City or the Tmstee, disbursement of such payments to Direct Participants will be the responsibility of DTC, and disbursement of such payments to the Beneficial Owners will be the responsibility of Direct and Indirect Participants. A Bond Owner shall give notice to elect to have its Bonds purchased or tendered, through hs Participant, to the Tmstee, and shall effect delivery of such Bonds by causing the Direct Participant to transfer the Participant's interest in the Bonds, on DTC's records, to the Tmstee. The requirement for physical delivery of Bonds in connection with an optional tender or a mandatory purchase will be deemed satisfied when the ownership rights in the Bonds are transferred by Direct Participants on DTC's records and followed by a book-entry credit of tendered Bonds to the Tmstee's DTC account. DTC may discontinue providing its services as depository with respect to the Bonds at any time by giving reasonable notice to the City or the Tmstee. Under such circumstances, in the event that a successor depository is not obtained, physical certificates are required to be printed and delivered. The City may decide to discontinue use of the system of book-entry only transfers through DTC (or a successor securities deposhory). In that event. Bonds will be printed and delivered to DTC. THE TRUSTEE, AS LONG AS A BOOK-ENTRY ONLY SYSTEM IS USED FOR THE BONDS, WILL SEND ANY NOTICE OF REDEMPTION OR OTHER NOTICES TO OWNERS ONLY TO DTC. ANY FAILURE OF DTC TO ADVISE ANY DTC PARTICIPANT, OR OF ANY DTC PARTICIPANT TO NOTIFY ANY BENEFICIAL OWNER, OF ANY NOTICE AND ITS CONTENT OR EFFECT WD.L NOT AFFECT THE VALIDITY OF SUFFICIENCY OF THE PROCEEDINGS RELATING TO THE REDEMPTION OF THE BONDS CALLED FOR REDEMPTION OR OF ANY OTHER ACTION PREMISED ON SUCH NOTICE. E-2 APPENDIX F FORM OF CONTINUING DISCLOSURE AGREEMENT This Continuing Disclosure Agreement (the "Disclosure Agreement") is executed and delivered by the City of Carlsbad (the "Issuer") and The Bank of New York Mellon Tmst Company, N.A., as Dissemination Agent (the "Dissemination Agent") in cormection with the issuance of City of Carlsbad Reassessment District No. 2012-1 Limited Obligation Refimding Bonds in the aggregate principal amount of $32,840,000 (the "Bonds"). The Bonds are being issued pursuant to a Resolution adopted by the City Council of the Issuer on January 8, 2013 and a Indenture dated as of January 1, 2013 (the "Indenture") by and between the Issuer and The Bank of New York Mellon Trust Company, N.A., as Trustee (the "Tmstee"). The Issuer and Dissemination Agent hereby covenant and agree as follows: Section 1. Purpose of the Disclosure Agreement. This Disclosure Agreement is being executed and delivered by the Issuer for the benefit of the holders and beneficial owners of the Bonds and in order to assist the Participating Underwriter in complying with SEC Rule 15c2-12(b)(5). Section 2. Definitions. In addition to the definitions set forth in the Resolution of Issuance which apply to any capitalized term used m this Disclosure Agreement unless otherwise defined in this Section, the following capitalized terms shall have the following meanings: "Armual Report" shall mean any Armual Report provided by the Issuer pursuant to, and as described in. Sections 3 and 4 of this Disclosure Agreement. "Dissemination Agent" shall mean The Bank of New York Mellon Tmst Company, N.A. or any successor Dissemination Agent designated in writing by the Issuer and which has filed with the Issuer a written acceptance of such designation. "Listed Events" shall mean any of the events listed in Section 5(a) of this Disclosure Agreement. "Participating Underwriter" shall mean Stifel Nicolaus & Co. Inc., dba Stone & Youngberg, a Division of Stifel Nicolaus. "Repository" shall mean the Municipal Securities Rulemaking Board, which has been designated by the Securities and Exchange Commission as the sole repository of disclosure information for purposes of the Rule, or any other repository of disclosure information that may be designated by the Securities and Exchange Commission as such for purposes of the Rule in the future. "Rule" shall mean Rule 15c2-12(b)(5) adopted by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as the same may be amended from time to time. Section 3. Provision of Annual Reports. (a) The Issuer shall, or shall cause the Dissemination Agent to, annually not later than 270 days after the end of the City's fiscal year, commencing with the report for the 2012-13 fiscal year, provide to the Repository, in an elecfronic format as prescribed by the Municipal Securities Rulemaking Board, an Annual Report which is consistent with the requirements of Section 4 of this Disclosure Agreement. Not later than fifteen (15) Business Days prior to said date, the Issuer shall provide the Armual Report to the Dissemination Agent (if other than the Issuer). The Armual Report may be submitted as a single document or as separate documents comprising a package, and may include by reference other information as provided in Section 4 of this Disclosure Agreement; provided that the audited financial statements of the Issuer may be submitted separately from the balance of the Annual Report, and later than the date requfred above for the F-l 1\ filing of the Armual Report. If the Issuer's fiscal year changes, it shall give notice of such change in the same manner as for a Listed Event under Section 5(c). (b) If the Issuer is unable to provide to the Repository or the Dissemination Agent an Armual Report by the date required in subsection (a), the Issuer shall send a notice to the Municipal Securities Rulemaking Board, in an elecfronic format as prescribed by the Municipal Securities Rulemaking Board, in substantially the form attached as Exhibit A. (c) The Dissemination Agent shall: (i) confirm the elecfronic filing requirements of the Municipal Securities Rulemaking Board for the Armual Report; and (ii) if the Dissemination Agent is other than the Issuer, file a report with the Issuer certifying that the Armual Report has been provided pursuant to this Disclosure Agreement, stating the date it was provided to the Repository. Section 4. Content of Armual Reports. The Issuer's Armual Report shall contain or incorporate by reference the following: (a) Audited Financial Statements of the Issuer prepared in accordance with generally accepted accounting principles as promulgated to apply to govemmental entities from time to time by the Govemmental Accounting Standards Board, together with the following statement: THE ISSUER'S ANNUAL FINANCIAL STATEMENT IS PROVIDED SOLELY TO COMPLY WITH THE SECURITIES EXCHANGE COMMISSION STAFF'S INTERPRETATION OF RULE 15C2-12. NO FUNDS OR ASSETS FO THE ISSUER ARE REQUIRED TO BE USED TO PAY DEBT SERVICE ON THE BONDS, AND THE ISSUER IS NOT OBLIGATED TO ADVANCE AVAILABLE FUNDS TO COVER ANY DELINQUENCIES. INVESTORS SHOULD NOT RELY ON THE FINANCL\L CONDITION OF THE ISSUER IN EVALUATING WHETHER TO BUY, HOLD OR SELL THE BONDS. (b) The followmg information regarding the Bonds: (i) Principal amount of Bonds outstanding; (ii) Balance in the Prepayment Account of Redemption Fund; (ii) Balance in the Redemption Fund; (iv) Balance in the Reserve Fund and a statement of the Reserve Requirement; (v) Information in Table 6 of the Official Statement for the Bonds regarding the armual special assessment installments, amount collected, delinquent amount and percent delinquent for the most recent fiscal year and the amount and percent remaining delinquent for any prior fiscal year; and (vii) Status of foreclosure proceedings and summary of results of foreclosure sales, if available. (c) In addition to any of the information expressly required to be provided under paragraphs (a) and (b) of this Section, the Issuer shall provide such further information, if any, as may be necessary to make the specifically required statements, in the light of the circumstances under which they are made, not misleading. Any or all of the items listed above may be included by specific reference to other documents, including official statements of debt issues of the Issuer or related public entities, which have been submitted to the Repository or the Securities and Exchange Commission. If the document included by reference is a final F-2 official statement, it must be available from the Municipal Securities Rulemaking Board. The Issuer shall clearly identify each such other document so included by reference. Section 5. Reporting of Significant Events. (a) Pursuant to the provisions of this Section 5, the Issuer shall give, or cause to be given, notice of the occurrence of any ofthe following events with respect to the Bonds in a timely maimer not more than ten (10) Business Days after the event: (i) Principal and interest payment delinquencies; (ii) Unscheduled draws on debt service reserves reflecting financial difficulties; (iii) Unscheduled draws on credit enhancements reflecting financial difficulties; (iv) Substitution of credit or liquidity providers, or thefr failure to perform; (v) Adverse tax opinions, the issuance by the Intemal Revenue Service of proposed or final determinations of taxability or Notices of Proposed Issue (IRS Form 5701 TEB); (vi) Tender offers; (vii) Defeasances; (viii) Ratings changes; and (ix) Bankmptcy, msolvency, receivership or similar proceedings. Note: For the purposes of the event identified in subparagraph (ix), the event is considered to occur when any of the following occur: the appofritment of a receiver, fiscal agent or similar officer for an obligated person in a proceeding under the U.S. Bankmptcy Code or in any other proceeding under state or federal law in which a court or govemmental authority has assumed jurisdiction over substantially all of the assets or business of the obligated person, or if such jurisdiction has been assumed by leavmg the existmg govemmental body and officials or officers in possession but subject to the supervision and orders of a court or govemmental authority, or the entry of an order confirmmg a plan of reorganization, arrangement or liquidation by a court or govemmental authority havmg supervision or jurisdiction over substantially all ofthe assets or business of the obligated person. (b) Pursuant to the provisions of this Section 5, the City shall give, or cause to be given, notice of the occurrence of any of the followmg events with respect to the Bonds, if material: (i) Unless described in Section 5(a)(v), other notices or determinations by the Intemal Revenue Service with respect to the tax status of the Bonds or other events affecting the tax status of the Bonds. (ii) Modifications to the rights of Bond holders. (iii) Optional, unscheduled or contingent Bond redemptions. (iv) Release, substitution or sale of property securing repayment of the Bonds. (v) Non-payment related defaults (vi) The consummation of a merger, consolidation, or acquisition involving the City or the sale of all or substantially all of the assets of the City, other than in the orduiary course of business, the entry into a definitive agreement to undertake such an action or the termination of a definitive agreement relating to any such actions, other than pursuant to its terms. (vii) Appointment of a successor or additional tmstee or the change of the name of a tmstee. F-3 1'^ (c) If the City determines that knowledge of the occurrence of a Listed Event under subsection (b) would be material under applicable federal securities laws, and if the Dissemination Agent is other than the City, the City shall promptly notify the Dissemination Agent in writing. Such notice shall instmct the Dissemination Agent to file a notice of such occurrence with EMMA in a timely maimer not more than ten (10) Business Days after the event. (d) If the City determines that the Listed Event under subsection (b) would not be material under applicable federal securities laws and if the Dissemination Agent is other than the City, the City shall so notify the Dissemination Agent in writing and instmct the Dissemination Agent not to report the occurrence. (e) The City hereby agrees that the undertaking set forth in this Disclosure Agreement is the responsibility of the City and, if the Dissemination Agent is other than the City, the Dissemination Agent shall not be responsible for determining whether the City's instmctions to the Dissemination Agent under this Section 5 comply with the requirements of the Rule. Section 6. Termination of Reporting Obligation. The Issuer's and tiie Dissemination Agent's obligations under this Disclosure Agreement shall terminate upon the legal defeasance, prior redemption or payment in full of all of the Bonds. If such termination occurs prior to the final maturity of the Bonds, the Issuer shall give notice of such termination in the same manner as for a Listed Event under Section 5(c). Section 7. Dissemination Agent. The Issuer may, from time to time, appoint or engage a Dissemination Agent to assist it in carrying out its obligations under this Disclosure Agreement, and may discharge any such Agent, with or without appointing a successor Dissemmation Agent. The initial Dissemination Agent shall beThe Bank of New York Mellon Trust Company, N.A. Section 8. Amendment Waiver. Notwithstanding any other provision of this Disclosure Agreement, the Issuer may amend this Disclosure Agreement, and any provision of this Disclosure Agreement may be waived, provided that the following conditions are satisfied: (a) if the amendment or waiver relates to the provisions of Sections 3(a), 4 or 5(a), it may only be made in connection with a change in circumstances that arises from a change in legal requirements, change in law, or change in the identity nature or status of an obligated person with respect to the Bonds, or type of business conducted; (b) the undertakmgs herein, as proposed to be amended or waived, would, in the opinion of nationally recognized bond counsel, have complied with the requfrements of the Rule at the time of the primary offering of the Bonds, after takmg into account any amendments or interpretations of the Rule, as well as any change in circumstances; and (c) the proposed amendment or waiver either (i) is approved by holders of the Bonds in the maimer provided in the Indenture, or (ii) does not, in the opinion of the Tmstee or nationally recognized bond counsel, materially impair the interests of the holders or beneficial owners ofthe Bonds. If the annual financial information or operating data to be provided in the Annual Report is amended pursuant to the provisions hereof, the first annual financial information filed pursuant hereto containing the amended operatmg data or financial information shall explam, in narrative form, the reasons for the amendment and the impact of the change in the type of operating data or financial information being provided. If an amendment is made to the undertaking specifying the accounting principles to be followed in preparing financial statements, the annual financial information for the year in which the change is made shall present a comparison between the financial statements or information prepared on the basis of the new accounting principles and those prepared on the basis of the former accounting principles. The comparison F-4 shall include a qualitative discussion of the differences in the accounting principles and the impact of the change in the accounting principles on the presentation of the financial information m order to provide information to investors to enable them to evaluate the ability of the Issuer to meet its obligations. To the extent reasonably feasible the comparison shall be quantitative. A notice of the change in the accounting principles shall be sent to the Repository in the same maimer as for a Listed Event under Section 5(c). Section 9. Additional Information. Nothing in this Disclosure Agreement shall be deemed to prevent the Issuer from disseminating any other information, usmg the means of dissemination set forth in this Disclosure Agreement or any other means of communication, or including any other information in any Aimual Report or notice of occurrence of a Listed Event, in addition to that which is required by this Disclosure Agreement. If the Issuer chooses to include any information in any Annual Report or notice of occurrence of a Listed Event in addition to that which is specifically required by this Disclosure Agreement, the Issuer shall have no obligation under this Disclosure Agreement to update such information or include it in any future Annual Report or notice of occurrence of a Listed Event. Section 10. Default. In the event of a failure of the Issuer or the Dissemination Agent to comply with any provision of this Disclosure Agreement any holder or beneficial owner of the Bonds may take such actions as may be necessary and appropriate, includhig seeking mandate or specific performance by court order, to cause the Issuer to comply with its obligations under this Disclosure Agreement. A default under this Disclosure Agreement shall not be deemed an Event of Default under the Indenture or any Supplemental Indenture, and the sole remedy under this Disclosure Agreement in the event of any failure of the Issuer to comply with this Disclosure Agreement shall be an action to compel performance. Section 11. Duties. Immunities and Liabilities of Dissemination Agent. The Dissemination Agent shall have only duties as are specifically set forth in this Disclosure Agreement, and the Issuer agrees to indemnify and save the Dissemination Agent, its officers, dfrectors, employees and agents, harmless against any loss, expense and liabilities which it may mcur arising out of or in the exercise or performance of its powers and duties hereunder, including the costs and expenses (including attomeys' fees) of defending against any claim of liability, but excluding liabilities due to the Dissemination Agent's negligence or willful misconduct. The obligations of the Issuer under this Section shall survive resignation or removal of the Dissemination Agent and payment of the Bonds. Section 12. Beneficiaries. This Disclosure Agreement shall mure solely to the benefit of the Issuer, the Dissemination Agent, the Participating Underwriter and holders and beneficial owners from time to time of the Bonds, and shall create no rights in any other person or entity. Section 13. Notices. Any notice or communication required or permitted hereunder shall be given in writing, sent by (a) personal delivery delivered by a representative of the party giving such notice, or (b) ovemight delivery by recognized ovemight courier, or (c) United States mail, postage prepaid, registered or certified mail, or (d) facsimile, addressed as follows: If to the Issuer: City of Carlsbad 1635 Faraday Avenue Carlsbad, Califomia 92008-7314 If to the Dissemination Agent: The Bank of New York Mellon Tmst Company, N.A. 700 South Flower Sfreet Suite 500 Los Angeles, CA 90017-4104 Attention: Corporate Tmst Department F-5 or to such other address or to the attention of such other person as hereinafter shall be designated in writing by the applicable party sent in accordance herewith. Any such notice or communication shall be deemed to have been delivered either at the time of personal delivery actually received by the addressee or a representative of the addressee at the address provided above or, if delivered on a business day in the case of delivery service or certified or registered mail, as of the earlier of the date delivered or the date 72 hours following the date deposited in the United States mail at the address provided herein, or if by telecopier, upon elecfronic confirmation of good receipt by the receiving telecopier. Section 14. Future Determination of Obligated Persons. In the event that the Securities Exchange Commission amends, clarifies or supplements the Rule in such a manner that requires any landowner within the City to be an obligated person as defined in the Rule, nothing contained herein shall be constmed to requfre the Issuer to meet the continumg disclosure requirements of the Rule with respect to such obligated person and nothing in this Disclosure Agreement shall be deemed to obligate the Issuer to disclose information conceming any owner of land within the City except as required as part of the information required to be disclosed by the Issuer pursuant to Section 4 and Section 5 hereof. Dated: ,2013 CITY OF CARLSBAD By: Interim City Manager THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Dissemination Agent By: Its: By: Its: F-6 EXHIBIT A NOTICE TO MUNICIPAL SECURITIES RULEMAKING BOARD OF FAILURE TO FILE ANNUAL REPORT Name of Issuer: Name of Bond Issue: Date of Issuance: City ofCarlsbad CITY OF CARLSBAD REASSESSMENT DISTRICT NO. 2012-1 LIMITED OBLIGATION REFUNDING BONDS ,2013 NOTICE IS HERBY GIVEN that the Issuer has not provided an Annual Report with respect to the above-named Bonds as required by the Indenture dated as of January 1, 2013, by and between the Issuer and The Bank of New York Mellon Tmst Company, N.A., as Tmstee. The Issuer anticipates that the Annual Report will be filed by . Dated: THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Dissemination Agent on behalf of Issuer F-7 APPENDIX G GENERAL ECONOMIC AND DEMOGRAPHIC INFORMATION [TO COME] G-1 1 JH:CKL 11-16-12 11-21-12 11- 26-12 12- 18-12 $ City of Carisbad Reassessment District No. 2012-1 Limited Obligation Refunding Bonds BOND PURCHASE AGREEMENT 2013 City of Carlsbad 1200 Carlsbad Village Drive Carlsbad, CA 92008 Ladles and Gentlemen: Stifel, Nicolaus & Company, Incorporated dba Stone & Youngberg, a Division of Stifel Nicolaus (the "Underwriter") hereby offers to enter Into this Bond Purchase Agreement (this "Agreement") with the City of Carlsbad, California (the "City"), for the purchase by the Underwriter and sale by the City of the captioned bonds (the "Bonds"). This offer is made subject to acceptance by the City prior to 5:00 P.M., San Francisco time, on the date hereof, and upon such acceptance this Bond Purchase Agreement shall be in full force and effect in accordance with its terms and shall be binding upon both the City and the Underwriter. 1. Purchase and Sale. Upon the terms and conditions and upon the basis of the representations set forth herein the Underwriter hereby agrees to purchase from the City and the City hereby agrees to sell to the Underwriter all (but not less than all) of the Bonds, at an aggregate purchase price of $ (consisting of the par amount of $ , less original issue discount/p/t/s a net original issue premium of $ and less an underwriter's discount of$ ). 2. Authorizing Instruments and Law. The Bonds are being Issued pursuant to the provisions of the Refunding Act of 1984 for 1915 Improvement Bonds (the "Bond Act"). The Bonds shall be as described in, and shall be issued and secured under and pursuant to a resolution adopted by the City Council of the City on January 8, 2013 (the "Resolution of Issuance") and an Indenture, dated as of January 1, 2013 (the "Indenture"), by and between the City and The Bank of New York Mellon Trust Company, N.A., as trustee (the "Trustee"). Concurrently with its adoption of the Resolution of Issuance, the City adopted a "Resolution of the City Council of the City of Carisbad Declaring its Intention to Levy Reassessments and to Issue Refunding Bonds" and a "Resolution of the City Council of the City of Carisbad Adopting Reassessment Report, Confirming and Ordering the Reassessment by Summary Proceedings and Authorizing and Directing Related Actions," on January 8, 2013 (together with the Resolution of Issuance, the "Resolutions"). The City will record a Notice of Reassessment (the "Notice of Reassessment") in the real property records of San Diego County prior to Issuance of the Bonds. The Bonds shall mature on September 2 in the years and in the amounts, and shall bear interest, as set forth in Exhibit A attached hereto. The Bonds will be subject to redemption as set forth on Exhibit A. The Bonds shall be issued In the denominations of $5,000 or Integral multiples thereof (except as set forth in the Indenture). One fully registered certificate for each maturity of the Bonds will be prepared and delivered, registered In the name of Cede & Co., as nominee of The Depository Trust Company, New York, NY ("DTC"), and will be made available to the Underwriter for Inspection at such place as may be mutually agreed to by the Underwriter and the City, not less than one business day prior to the Closing Date, as defined below. The Underwriter shall order CUSIP identification numbers and the City shall cause such CUSIP identification numbers to be printed on the Bonds, but neither the failure to print such number on any Bond nor any error with respect thereto shall constitute cause for a failure or refusal by the Underwriter to accept delivery of and pay for the Bonds In accordance with the terms of this Bond Purchase Agreement. The Bonds are being issued for the purpose of defeasing and refunding the following outstanding bonds of the City (the "Prior Bonds"): (i) Assessment District No. 2003-01 (College Boulevard and Cannon Road East) Benefit Area No. 1 (Calavera Hills II) Limited Obligation Improvement Bonds (the "2004 Bonds"), which were Issued pursuant to a Bond Indenture, dated as of May 1, 2004 (the "2004 Indenture"), by and between the City and The Bank of New York Mellon Tmst Company, N.A., as successor trustee (the "2004 Trustee"). (li) Assessment District No. 2002-1 (Poinsettia Lane East) Limited Obligation Improvement Bonds, Series 2005A (the "2005 Bonds"), which were issued pursuant to a Bond Indenture, dated as of February 1, 2005 (the "2005 Indenture"), by and between the City and The Bank of New York Mellon Trust Company, N.A., as successor trustee (the "2005 Trustee"). A portion of the proceeds of the Bonds, along with other available funds related to the 2004 Bonds, will be used to make a deposit into an escrow fund related to the 2004 Bonds established pursuant to an Escrow Agreement, dated as of January 1, 2013 (the "2004 Escrow Agreement"), by and between the City and the The Bank of New York Mellon Trust Company, N.A., as escrow agent ("Escrow Agent"). A portion of the proceeds of the Bonds, along with other available funds related to the 2005 Bonds, will be used to make a deposit into an escrow fund related to the 2005 Bonds established pursuant to the Escrow Agreement. 3. Public Offering. The Underwriter hereby certifies that it has made a bona fide public offering of all the Bonds as of the date hereof at the prices shown In the table attached to Appendix A hereto. On or prior to the Closing Date, the Underwriter shall provide the City with information regarding the prices at which a representative portion of each maturity of the Bonds were sold to the public, in such form as the City may reasonably request, for purposes of determining the yield on the Bonds. Subsequent to the initial public offering, the Underwriter reserves the right to change the public offering prices (or yields) as it deems necessary in connection with the marketing of the -2- Bonds, provided that the Unden/vrlter shall not change the Interest rates set forth on Appendix A. The Bonds may be offered and sold to certain dealers at prices lower than such Initial public offering prices. 4. Delivery of Official Statement; Continuing Disclosure. Pursuant to the authorization of the City, the Underwriter has distributed copies of the Preliminary Official Statement dated January , 2013, relating to the Bonds (the "Preliminary Official Statement") to prospective purchasers of the Bonds. The City executed and delivered to the Underwriter a certificate In the form of Exhibit B in connection with distribution of the Preliminary Official Statement. By its acceptance of this proposal, the City hereby ratifies such use by the Underwriter of the Preliminary Official Statement; and the City agrees to approve the final Official Statement relating to the Bonds (the "Official Statement"), which will consist of the Preliminary Official Statement with such changes as may be made thereto, with the approval of the City and the Underwriter, and to provide copies thereof to the Underwriter as set forth herein. The City agrees to cause to be delivered to the Underwriter within 7 business days from the date hereof, or such eartier date identified by the Underwriter to be necessary to allow the Underwriter to meet Its obligations under the Rule 15c2-12 ("Rule 15c2-12") and Rule G-32 of the Municipal Securities Rulemaking Board ("MSRB"), as many copies of the final Official Statement, signed on behalf of the City by an authorized representative, as the Underwriter shall reasonably request in order to comply with paragraph (b)(4) of the Rule promulgated by the U.S. Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934, as amended, and the mles ofthe MSRB. The Underwriter agrees to file the Final Official Statement with the MSRB on or as soon as practicable after the Closing Date (defined below). The Underwriter agrees to deliver a copy of the Final Official Statement to each of its customers purchasing Bonds no later than the settiement date of the transaction. The City hereby authorizes the Underwriter to use and distribute, In connection with the offer and sale of the Bonds, the Preliminary Official Statement, the Official Statement, the Indenture, the Escrow Agreement and this Bond Purchase Agreement and all information contained herein, and all other documents, certificates and statements furnished by the City to the Underwriter in connection with the transactions contemplated by this Bond Purchase Agreement. To assist the Underwriter In complying with Rule 15c2-12, the City will undertake, pursuant to a Continuing Disclosure Certificate, to provide certain annual financial information and notices of the occurrence of certain events. A description of these undertakings Is set forth in the Preliminary Official Statement and will also be set forth In the Official Statement. 5. The Closing. At 8:00 a.m., California time, on January , 2013 or at such other time or on such eartier or later business day as shall have been mutually agreed upon by the City and the Underwriter, the City will cause to be delivered (i) the Bonds, through the facilities of The Depository Trust Company, to the Underwriter in New York, New York, and (il) the closing documents hereinafter mentioned at the offices of Stradling Yocca Cartson & Rauth, a Professional Corporation ("Bond Counsel"), Newport Beach, California, or another place to be mutually agreed upon by the City and the Underwriter. The Underwriter will accept such delivery and pay the purchase price of the Bonds as set forth In Section 1 hereof In Immediately available funds. This payment and delivery, together with the delivery of the aforementioned documents, is herein called the "Closing;" the date of the Closing is the "Closing Date". The -3- Bonds will be delivered In such denominations and deposited In the account or accounts specified by the Underwriter pursuant to written notice to the City not later than five business days prior to Closing. 6. Representations. Warranties and Covenants. The City represents to and agrees with the Underwriter that: (a) the City Is and will be at the date of Closing duly authorized and existing under the Constitution and laws of the State of California with the powers and authority, among others, (i) to Issue the Bonds pursuant to the Constitution of the State of California and the Bond Act, (li) to execute and deliver the Indenture, the Escrow Agreement, the Continuing Disclosure Certificate and this Bond Purchase Agreement (the "City Agreements"), and (ill) to carry out and consummate the transactions contemplated by the Resolutions and the City Agreements; (b) when delivered to and paid for by the Underwriter at the Closing in accordance with the provisions of this Bond Purchase Agreement, the Bonds will have been duly authorized, executed, Issued and delivered and will constitute valid and binding limited obligations ofthe City of the character permitted to be Issued by the Bond Act, In conformity with, and entitied to the benefit and security ofthe Resolutions and the Indenture; (c) by official action of the City prior to or concurrentiy with the acceptance hereof, the City duly adopted the Resolutions and authorized and approved the execution and delivery of, and the performance by the City of the obligations on Its part contained in the Bonds and the City Agreements; (d) the execution and delivery of the Bonds and the City Agreements, and compliance with the provisions on the City's part contained therein and in the Resolutions, will not conflict with or constitute a breach of or default under any law, administrative regulation, judgment, decree, loan agreement, Indenture, bond, note, resolution, agreement or other instrument to which the City is party or is otherwise subject, nor will any such execution, delivery, adoption or compliance result in the creation or imposition of any Hen, charge or other security interest or encumbrance of any nature whatsoever upon any of the properties or assets ofthe City under the terms of any such law, administrative regulation, judgment, decree, loan agreement, indenture, bond, note, resolution, agreement or other Instrument, except as provided by the Resolutions orthe Indenture; (e) there is no action, suit, proceeding, inquiry or Investigation, at law or In equity, before or by any court, governmental agency, public board or body, pending or, to the best knowledge of the City, threatened against the City affecting the existence of the City or the tities of Its officers to their respective offices or seeking to prohibit, restrain or enjoin the sale, Issuance or delivery of the Bonds or the collection of revenues pledged or to be pledged to pay the principal of, and premium. If any, and interest on the Bonds, or the pledge thereof, or In any way contesting or affecting the validity or enforceability of the Bonds, the Resolutions or the City Agreements, or contesting the powers of the City or its authority to Issue, enter Into, adopt or perform its obligations under any of the foregoing; -4- (f) all approvals, consents, authorizations, certifications and other orders of any governmental authority, board, agency or commission having jurisdiction, and all filings with any such entitles, which would constitute conditions precedent to or the failure to obtain which would materially adversely affect the performance by the City of Its obligations under the City Agreements or under the Resolutions, have been duly obtained and no further consent, approval, authorization or other action by any governmental or regulatory authority having jurisdiction over the City that has not been obtained is or will be required for the Issue and sale of the Bonds or the consummation by the City of the other transactions contemplated by the City Agreements, except as such may be required under the state securities or Blue Sky laws In connection with the distribution of the Bonds by the Underwriter; (g) the City will furnish such Information, execute such instruments and take such other action In cooperation with the Underwriter as the Unden/vriter may reasonably request In order (1) to qualify the Bonds for offer and sale under the Blue Sky or other securities laws and regulations of such states and other jurisdictions ofthe United States as the Underwriter may designate and (2) to determine the eligibility of the Bonds for Investment under the laws of such states and other jurisdictions, and will use its best efforts to continue such qualification In effect so long as required for distribution of the Bonds; provided, however, that In no event shall the City be required to take any action which would subject it to general or unlimited service of process in any jurisdiction In which It Is not now so subject; (h) the Preliminary Official Statement was as of Its date, and the Official Statement is, and at all times subsequent to the date of the Official Statement up to and including the Closing will be, true and correct In all material respects, and the Preliminary Official Statement and the Official Statement contain and up to and including the Closing will contain no misstatement of any material fact and do not, and up to and including the Closing will not, omit any statement necessary to make the statements contained therein, in the light of the circumstances in which such statements were made, not misleading; (i) the City will advise the Underwriter promptly of any proposal to amend or supplement the Official Statement, will not effect or consent to any such amendment or supplement without the consent of the Underwriter, which consent will not be unreasonably withheld, and the City will advise the Underwriter promptiy ofthe institution of any proceedings known to it by any governmental agency prohibiting or otherwise affecting the use of the Official Statement in connection with the offering, sale or distribution of the Bonds; (j) If, at any time prior to the date twenty-five (25) days following the later of the Closing Date or the date the Underwriter no longer retains, directiy or as a member of an underwriting syndicate, an unsold balance ofthe Bonds for sale to the public, which date shall be provided to the Issuer by written notice of the Underwriter (the "End of the Underwriting Period"), any event of which the City has knowledge shall occur which might or would cause the Official Statement to contain an untrue statement of a material fact or to omit to state any material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading, the City will promptly notify the Underwriter In writing of the circumstances and details of such event. If, as a result of such event or any other event. It Is necessary, in the opinion ofthe Underwriter, the City or their respective counsel, to -5- amend or supplement the Official Statement In order to make the statements therein, in the light of the circumstances under which they were made, not misleading, the City will forthwith cooperate with the Underwriter In the prompt preparation and furnishing to the Underwriter of a reasonable number of copies of an amendment of or a supplement to the Official Statement, in form and substance reasonably satisfactory to the Underwriter, which will so amend or supplement the Final Official Statement so that, as amended or supplemented, it will not contain any untrue statement of a material fact or omit to state any material fact necessary to make the statements therein, In the light of the circumstances under which they were made, not misleading; (k) any certificate signed by any official of the City and delivered to the Underwriter shall be deemed to be a representation and warranty by the City to the Underwriter as to the statements made therein; (I) the Preliminary Official Statement heretofore delivered to the Underwriter is deemed final by the City as of its date and as of the date hereof, except for the omission of such information as is permitted to be omitted in accordance with paragraph (b)(1) of Rule 15c2-12; and (m) The City acknowledges and agrees that: (I) the purchase and sale of the Bonds pursuant to this Bond Purchase Agreement is an arm's length, commercial transaction between the City and the Underwriter, (ii) in connection with such transaction, the Underwriter is acting solely as a principal and Is not acting as a municipal advisor, financial advisor or fiduciary to the City; (iii) the Underwriter has not assumed any advisory or fiduciary responsibility to the City with respect to the transaction contemplated hereby and the discussions, undertakings and proceedings leading thereto (Irrespective of whether the Underwriter has provided other services or Is currentiy providing other services to the City on other matters) or any other obligation to the City except the obligations expressly set forth In this Bond Purchase Agreement and (iv) the City has consulted its own legal, accounting, tax, financial and other advisors, as applicable, to the extent it has deemed appropriate in connection with the transaction contemplated herein. The execution and delivery of this Bond Purchase Agreement by the City shall constitute a representation by the City to the Underwriter that the representations and warranties contained In this Bond Purchase Agreement are true as of the date hereof; provided that no member of the governing body of the City shall be Individually liable for the breach of any representation or warranty made by the City in this Bond Purchase Agreement 7. Closing Conditions. The Underwriter hereby enters into this Bond Purchase Agreement in reliance upon the representations and warranties ofthe City contained herein and in reliance upon the representations and warranties to be contained In the documents and Instruments to be delivered at the Closing and upon the performance by the City of its obligations hereunder, both on and as of the date hereof and as of the Closing Date. Accordingly, the Underwriter's obligations under this Bond Purchase Agreement to purchase, to accept delivery of and to pay for the Bonds shall be conditioned upon the performance by the City of its obligations to be performed hereunder and under such documents and instruments at or prior to the Closing, and shall also be subject to the following additional conditions: -6- (a) Bring Down Representation. The representations and warranties of the City contained herein shall be true, complete and correct on the date hereof and as of the Closing Date, as if made on and at the Closing Date; (b) Executed Documents. At the Closing, the Resolutions and the City Agreements shall be In full force and effect and shall not have been amended, modified or supplemented except as may have been agreed to in writing by the Underwriter; and there shall be In full force and effect such resolutions as, in the opinion of Bond Counsel, shall be necessary in connection with the transactions contemplated hereby; (c) Termination Events. The Underwriter shall have the right to cancel their obligation to purchase the Bonds If between the date hereof and the Closing, (1) legislation shall have been enacted by the Congress of the United States or the legislature of the State of California or shall have been reported out of committee of either body or be pending in committee of either body, or a decision shall have been rendered by a court of the United States or of the State of California or the Tax Court of the United States, or a ruling shall have been made or a regulation or temporary regulation shall have been proposed or made or any other release or announcement shall have been made by the Treasury Department of the United States or the Internal Revenue Service, with respect to Federal or California taxation upon revenues or other Income of the general character to be derived by the City or upon Interest received on obligations of the general character of the Bonds, which in the reasonable judgment of the Underwriter, materially adversely affects the market for the Bonds, or (il) there shall have occurred any outbreak of hostilities or other national or International calamity or crisis, the effect of such outbreak, calamity or crisis on the financial markets of the United States being such as, in the reasonable judgment ofthe Underwriter, would make it impracticable for the Underwriter to market or enforce contracts for the sale of the Bonds, or (ill) there shall be In force a general suspension of trading on the New York Stock Exchange or minimum or maximum prices for trading shall have been fixed and be In force, or maximum ranges for prices for securities shall have been required and be in force on the New York Exchange, whether by virtue of a determination by that Exchange or by order of the Securities and Exchange Commission or any other governmental authority having jurisdiction, or (iv) a general banking moratorium shall have been declared by either Federal or California authorities having jurisdiction and be In force, or (v) there shall be established any new restriction on transactions in securities materially affecting the free market for securities (including the imposition of any limitation on Interest rates) or the extension of credit by, or the charge to the net capital requirements of, Underwriter established by the New York Stock Exchange, the Securities and Exchange Commission, any other Federal or State agency or the Congress ofthe Unites States, or by Executive Order, or (vi) a decision of any Federal or state court or a ruling or regulation (final, temporary or proposed) ofthe Securities and Exchange Commission or other governmental agency shall have been made or issued to the effect that (A) the Bonds or any securities of the City or of any similar body of the type contemplated herein are subject to the registration requirements of the Securities Act of 1933 or (B) the qualification of an Indenture or resolution In respect of the Bonds or any such securities Is required under the Trust Indenture Act of 1939, as amended, or (vii) any event occurs, or information becomes known which, in the reasonable judgment of the Underwriter, materially adversely affects the market for the Bonds, makes untrue In any material respect any statement or information contained In the Official Statement, or has the effect that the Official Statement contains any untrue statement of material fact or omits to state a material fact required to be stated therein or necessary to make the -7- statements therein, in the light of the circumstances under which they were made, not misleading; (d) Closing Documents. At or prior to the Closing, the Underwriter shall receive the following documents, In each case satisfactory In form and substance to the Underwriter: (1) Final Opinion. An approving opinion of Bond Counsel dated the date of the Closing and substantially In the form Included in the Official Statement, together with a letter from such counsel, dated the date of the Closing and addressed to the Underwriter, to the effect that the foregoing opinion addressed to the City may be relied upon by the Underwriter to the same extent as If such opinion were addressed to It. (2) City Certificates. A certificate or certificates, dated the date of Closing, signed by an authorized official of the City, in form and substance satisfactory to the Underwriter, to the effect that (i) the representations and warranties of the City contained herein are true and correct in all material respects on and as of the Closing Date as if made on the Closing Date; and (li) no event affecting the City has occurred since the date of the Official Statement which has not been disclosed therein or in any supplement or amendment thereto which event should be disclosed in the Ofl'Icial Statement In order to make the statements therein, in the light of the circumstances underwhich they were made, not misleading. (ill) no litigation is pending or, to the best of his or her knowledge, threatened (a) to restrain or enjoin the issuance or delivery of the Bonds or the collection of unpaid Reassessments that are the source of payment therefor, (b) In any way contesting or affecting the authority for the issuance of the Bonds or the validity of the Bonds, the Resolutions or the City Agreements, or (c) in any way contesting the existence or powers of the City. (3) Resolutions. Two certified copies of each of the Resolutions and two executed copies of any and all other documentation contemplated thereby. (4) Supplemental Opinion. A supplemental opinion of Bond Counsel addressed to the Underwriter, in form and substance acceptable to the Underwriter, and dated the date of the Closing substantially to the following effect: (I) The statements contained in the Official Statement on the cover page and under the captions "INTRODUCTION," "THE BONDS", "SECURITY FOR THE BONDS," "CONCLUDING INFORMATION - Tax Matters" and "APPENDIX C - Summary of the Indenture" and "APPENDIX D - Opinion of Bond Counsel," Insofar as such statements expressly summarize certain provisions of the Bonds, the Indenture, the Resolutions, and Bond Counsel's opinion concerning certain federal tax matters relating to the Bonds, are accurate In all material respects; and (li) The Bonds are not subject to the registration requirements of the Securities Act of 1933, as amended, and the Indenture Is exempt from qualification pursuant to the Trust Indenture Act of 1939, as amended. (5) Defeasance Opinion. A defeasance opinion of Bond Counsel, addressed to the 2004 Trustee and the 2005 Trustee, as applicable, and the Underwriter, In form and substance acceptable to the Underwriter. (6) City Attorney Opinion. An opinion of the City Attorney, dated the Closing Date and addressed to the Underwriter, In form and substance acceptable to the Underwriter substantially to the following effect: (I) The City is a general law city and municipal corporation duly organized and validly existing under the Constitution and the laws of the State of California; (li) The City has full legal power and lawful authority to enter Into the City Agreements and to Issue the Bonds; (ill) The City Agreements have been duly authorized, executed and delivered by the City and constitute the valid and binding agreements of the City enforceable against the City in accordance with their terms, except as enforcement may be limited by bankruptcy. Insolvency, reorganization moratorium or similar laws or equitable principles relating to or limiting creditors' rights generally; (Iv) The Resolutions were duly adopted at a meeting of the City Council called and held pursuant to law and with all public notice required by law and at which a quorum was present and acting throughout and the Resolutions are in full force and effect and have not been modified, amended or rescinded; (v) The execution and delivery of the City Agreements and compliance with the provisions thereof, under the circumstances contemplated thereby, do not and will not In any material respect conflict with, or constitute on the part of the City a breach of or default under, any agreement or other Instrument to which the City Is a party or by which It is bound or any existing law, regulation, court order or consent decree to which the City is subject; (vi) No additional authorization, approval, consent, waiver or any other action by any person, board or body, public or private, not previously obtained is required as of the date of the Closing for the City to enter into the City Agreements, or to perform its obligations thereunder; (vii) Except as otherwise disclosed In the Official Statement, there Is no litigation, proceeding, action, suit, or investigation at law or in equity before or by any court, governmental agency or body, pending or, to the -9- best knowledge of such counsel after due investigation, threatened against the City, challenging the creation, organization or existence of the City, or the validity of the Bonds, the Resolutions or the City Agreements or in any way contesting or affecting the validity of the Indenture or any of the transactions referred to therein or contemplated thereby or contesting the authority of the City to enter into or perform its obligations under the City Agreements; and (viii) Nothing has come to the attention of such counsel which would lead It to believe that the Official Statement (excluding therefrom the financial and statistical data and forecasts included therein and information about The Depository Trust Company, as to which no opinion need be expressed) contains any untrue statement of a material fact or omits to state a material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading. (7) Disclosure Counsel Letter. A letter of Stradling Yocca Cartson & Rauth, a Professional Corporation, disclosure counsel to the City, dated the Closing Date and addressed to the City and the Underwriter, to the effect that, although Disclosure Counsel Is not passing upon and does not assume any responsibility for the accuracy, completeness or fairness of the statements contained in the Official Statement and makes no representation that it has independentiy verified the accuracy, completeness or fairness of any such statement, no facts have come to Its attention that cause it to believe that the Official Statement (except for any financial and statistical data and forecasts, numbers, estimates, assumptions and expressions of opinion, and Information concerning the Depository Trust Company and the book-entry system for the Bonds, contained or Incorporated by reference in the Official Statement and the appendices to the Official Statement, which it may expressly exclude from the scope of Its letter) as of the date of the Official Statement or the Closing Date contains any untrue statement of a material fact or omits to state any material fact necessary In order to make the statements therein, in the light of the circumstances underwhich they were made, not misleading. (8) Underwriter's Counsel Opinion. An opinion of Jones Hall, A Professional Law Corporation, counsel to the Underwriter, in form and substance acceptable to the Underwriter. (9) Continuing Disclosure Certificate. Executed copies of the Continuing Disclosure Certificate. (10) Trustee/Escrow Agent's Certificate. A certificate of The Bank of New York Mellon Trust Company, N.A., In Its capacity as Trustee and Escrow Agent, dated the Closing Date, addressed to the City and the Underwriter, in form and substance acceptable to the Underwriter, to the following effect: (i) The Trustee/Escrow Agent has ail necessary power to enter Into the Indenture and the Escrow Agreement; and -10- (li) The Indenture and the Escrow Agreement have been duly authorized, executed and delivered by the Trustee/Escrow Agent and the Indenture and the Escrow Agreement constitute the legal, valid and binding obligation of the Trustee/Escrow Agent enforceable in accordance with their terms, except as enforcement thereof may be limited by bankruptcy, Insolvency or other laws affecting the enforcement of creditors' rights generally and by the application of equitable principles. If equitable remedies are sought; (iii) No consent, approval, authorization or other action by any governmental or regulatory authority having jurisdiction over the Trustee/Escrow Agent that has not been obtained is or will be required for the execution and delivery of the Trustee/Escrow Agent or the performance by the Trustee/Escrow Agent of its duties and obligations under the Indenture and the Escrow Agreement; (iv) The execution and delivery by the Trustee/Escrow Agent of the Indenture and the Escrow Agreement and compliance with the terms thereof will not conflict with, or result in a violation or breach of, or constitute a default under, any loan agreement. Indenture, bond, note, resolution or any other agreement or instrument to which the Trustee/Escrow Agent is a party or by which It is bound, or any law or any rule, regulation, order or decree of any court or governmental agency or body having jurisdiction over the Trustee/Escrow Agent or any of its activities or properties (except that no representation, warranty or agreement need be made by such counsel with respect to any federal or State securities or blue sky laws or regulations); and (v) There is no action, suit, proceeding or investigation, at law or in equity, before or by any court or governmental agency, public board or body pending, or to the best knowledge of the Trustee/Escrow Agent, threatened against the Trustee/Escrow Agent which in the reasonable judgment of the Trustee/Escrow Agent would affect the existence of the Trustee/Escrow Agent or in any way contesting or affecting the validity or enforceability ofthe Indenture orthe Escrow Agreement, or contesting the powers of the Trustee/Escrow Agent or Its authority to enter into and perform its obligations thereunder. (11) Escrow^ Verification. Evidence satisfactory to the Underwriter, Bond Counsel and counsel to the Underwriter reflecting the defeasance in whole of the Prior Bonds. (12) Form 803d-G. Evidence that the federal tax Information form 8038-G has been prepared for filing. (13) Nonarbitrage Certificate. A tax and nonarbitrage certificate in form satisfactory to Bond Counsel. (14) CDIAC Statements. A copy of the required filings with the California Debt and Investment Advisory Commission pursuant to Section 53583 of the California Government Code. -11- (15) Notice of Reassessment. Evidence of recordation of the Notice of Assessment in the real property records of San Diego County. (16) Reassessment Report. A copy of the Reassessment Report prepared by and certified by the Reassessment Engineer. (17) Closing Certificate of Reassessment Engineer. A certificate dated the Closing Date and signed by an authorized representative of the Reassessment Engineer, in the form attached as Exhibit C. (18) Underwriter Certificate. A closing certificate of the Underwriter In substantially the form and substance of Exhibit D. (19) Historical and Ongoing Continuing Disclosure Compliance. Evidence satisfactory to the Underwriter and Underwriter's Counsel that (A) the disclosure in the Official Statement relating to the City's compliance in the previous five years with its continuing disclosure undertakings Is tme and accurate and (B) the City has established reasonable procedures to ensure compliance with its continuing disclosure undertakings. Including the Continuing Disclosure Certificate, in the future. (20) G-17 Letter. A copy of the letter dated November 14, 2012, that the Underwriter sent to the City for the purpose of complying with MSRB Rule G- 17, as acknowledged in writing by the City. (21) Additional Documents. Such additional legal opinions, certificates, proceedings, instruments and other documents as the Underwriter may reasonably request to evidence compliance by the City with legal requirements, the truth and accuracy, as of the time of Closing, of the representations of the City herein and the due performance or satisfaction by the City at or prior to such time of all agreements then to be performed and all conditions then to be satisfied by the City. 8. Termination. If the City shall be unable to satisfy the conditions to the Underwriter's obligations contained in this Bond Purchase Agreement or if the Underwriter's obligations shall be terminated for any reason permitted herein, this Bond Purchase Agreement shall terminate and neither the Underwriter nor the City shall have any further obligation hereunder. 9. Expenses. The Underwriter shall be under no obligation to pay, and the City shall pay or cause to be paid, the expenses incident to the performance of the obligations of the City hereunder including but not limited to (a) the costs of the preparation and printing, or other reproduction (for distribution on or prior to the date hereof) ofthe Indenture, the Resolutions and this Bond Purchase Agreement, and the cost of preparing, printing, and Issuing the Bonds; (b) the fees and disbursements of the Trustee/Escrow Agent, any accountants or other experts or consultants retained by the City, including an escrow verification agent; (c) the fees and disbursements of Bond Counsel, Disclosure Counsel and the City's Financial Advisor; (d) the cost of preparation and printing of the Preliminary Official Statement and any supplements and amendments thereto and the cost of preparation and printing of the Official Statement, Including a reasonable number of copies thereof for distribution by the Underwriter; (e) the costs of any rating agency presentations; and (f) the costs of due diligence undertaken by a financing team -12- member to confirm the accuracy of the City's disclosure in the Official Statement relating to its compliance in the previous five years with its continuing disclosure undertakings. The Underwriter shall pay, and the City shall be under no obligation to pay, all expenses Incurred by it in connection with the public offering and distribution of the Bonds (Including the fees and expenses of its counsel), applicable CDIAC fees and any advertising expenses. 10. Notice. Any notice or other communication to be given to the City under this Bond Purchase Agreement may be given by delivering the same in writing to such entity at 1200 Cartsbad Village Drive, Cartsbad, CA 92008, Attention, Finance Director. Any notice or other communication to be given to the Underwriter under this Bond Purchase Agreement may be given by delivering the same In writing to Stifel, Nicolaus & Company, Incorporated dba Stone & Youngberg, a Division of Stifel Nicolaus, One Ferry Building, San Francisco, CA 94111 Attention, Jim Cervantes. 11. Entire Agreement. This Bond Purchase Agreement, when accepted by the City, shall constitute the entire agreement between the City and the Underwriter and Is made solely for the benefit ofthe City and the Underwriter (Including the successors or assigns of any Underwriter). No other person shall acquire or have any right hereunder by virtue hereof, except as provided herein. All of the City's representations, warranties and agreements in this Bond Purchase Agreement shall remain operative and In full force and effect, regardless of any Investigation made by or on behalf of the Underwriter, until the eartier of (a) Issuance of the Bonds hereunder, and (b) any termination of this Bond Purchase Agreement. 12. Counterparts. This Bond Purchase Agreement may be executed by the parties hereto in separate counterparts, each of which when so executed and delivered shall be an original, but all such counterparts shall together constitute but one and the same instrument. 13. Severability. In case any one or more ofthe provisions contained herein shall for any reason be held to be invalid. Illegal or unenforceable In any respect, such invalidity, Illegality or unenforceability shall not affect any other provision hereof. 14. State Law Governs. The validity, interpretation and peri'ormance of this Bond Purchase Agreement shall be governed by the laws of the State. -13- 15. No Assignment. The rights and obligations created by this Bond Purchase Agreement shall not be subject to assignment by the Underwriter or the City without the prior written consent of the other party hereto. STIFEL, NICOLAUS & COMPANY, INCORPORATED DBA STONE & YOUNGBERG, A DIVISION OF STIFEL NICOLAUS By: Authortzed Representative Accepted as of the date first stated above: CITY OF CARLSBAD By: Authonzed Representative Time of Execution: -14- EXHIBIT A Maturitv Schedule Maturtty_ Principal (September 2) Amount Rate Yield Price Summary of Redemption Terms A-1 EXHIBIT B $ City of Carlsbad Reassessment District No. 2012-1 Limited Obligation Refunding Bonds Rule 15c2-12 Certificate The undersigned hereby certifies and represents that he or she Is a duly appointed and acting authorized officer of the City of Cartsbad (the "City"), and as such is duly authortzed to execute and deliver this certificate and further hereby certifies and reconfirms on behalf of the City as follows: (1) This certificate is delivered in connection with the offering and execution and delivery of the above-referenced bonds (the "Bonds") in order to enable the Underwriter of the Bonds to comply with Securities and Exchange Commission Rule 15c2-12 under the Securities Exchange Act of 1934 (as amended, the "Rule"). (2) In connection with the offering and sale of the Bonds, there has been prepared a Preliminary Official Statement dated January 12, 2011, setting forth Information concerning the Bonds and the City (the "Preliminary Official Statement"). (3) The Preliminary Official Statement is, except for the Permitted Omissions, deemed final within the meaning ofthe Rule. (4) As used herein, "Permitted Omissions" shall mean the offering pnce(s), interest rate(s), selling compensation, aggregate principal amount, principal amount per maturity, delivery dates, ratings and other terms of the Bonds depending on such matters, all with respect to the Bonds. 20 IN WITNESS WHEREOF, the undersigned has executed this certificate as of this CITY OF CARLSBAD By: Authorized Representative B-1 EXHIBIT C $ City of Carlsbad Reassessment District No. 2012-1 Limited Obligafion Refunding Bonds Reassessment Engineer Certificate [Closing Date] City of Cartsbad 1200 Cartsbad Village Drive Cartsbad, CA 92008 Stifel, Nicolaus & Company, Incorporated dba Stone & Youngberg, a Division of Stifel Nicolaus One Ferry Building San Francisco, CA 94111 We have acted as the Reassessment Engineer in connection with the above-referenced bonds (the "Bonds"). With our consent, the Reassessment Report prepared by our firm (the "Reassessment Report") is reproduced as part ofthe Preliminary Official Statement dated , 20 , and the Official Statement dated , 20 , for the Bonds. In connection with the purchase and sale of the Bonds, pursuant to a Bond Purchase Agreement dated , 20 (the "Purchase Agreement"), by and between Stifel, Nicolaus & Company, Incorporated dba Stone & Youngberg, a Division of Stifel Nicolaus, as Underwriter, and the City, we hereby certify that as of this date the statements and information contained in the Official Statement that are sourced to us and the summary of the Reassessment Report do not contain any untrue statement of a matertal fact or omit to state a material fact necessary in order to make the statements contained therein, in light of circumstances under which they were made, not misleading. Further, the Reassessment Report complies with the requirements of Streets & Highways Code Section 9523 and, In the opinion ofthe undersigned, the Reassessment, as set forth in the Reassessment Report, complies with Streets & Highways Code Section 9525(a). Sincerely, NBS GOVERNMENT SERVICES By: Name: Titie: C-1 EXHIBIT D $ City of Carlsbad Reassessment District No. 2012-1 Limited Obligation Refunding Bonds This Certificate Is furnished by Stifel, Nicolaus & Company, Incorporated dba Stone & Youngberg a Division of Stifel Nicolaus, as underwriter (the "Underwriter") of the $ stated principal amount of the captioned bonds (the "Bonds"). The Underwriter hereby certifies and represents the following, based upon the Information available to it: 1. Issue Price. 1.1 As of the sale date (the "Sale Date"), we reasonably expected to sell a substantial amount of each maturity (I.e., at least 10%) of the Bonds to the general public (excluding bond houses, brokers, or similar persons acting in the capacity of underwriter or wholesalers) In a bona fide public offering at the prices listed on Schedule A. 1.2 In our opinion, and based upon our estimate as of the Sale Date, the initial offering prices of the Bonds set forth In Scheclule A are within a reasonable range of, and should reflect, the fair market prices for such Bonds. 1.3 As of the date of execution of this certificate, all of the Bonds have actually been offered to the general public at the prices listed in Schedule A. 1.4 As of the Sale Date at least 10% of each maturity of the Bonds was sold at the prices referred to In Schedule A, except for the maturity (the "Unsold Maturity"). For the Unsold Maturity, on the Sale Date we reasonably expected that a substantial portion (at least 10%) of that Unsold Maturity would be sold at the initial offering prtce or yield in respect of that maturity. 2. Arbitrage Yield. 2.1 We have calculated the arbitrage yield with respect to the Bonds to be % in accordance with the instructions provided in the Tax Certificate with respect to the Bonds. To the extent that we provided the City and Bond Counsel with certain computations that show a bond yield, issue price, weighted average maturity and certain other information with respect to the Bonds, as shown in Schedule B, these computations are based on our understanding of directions that we have received from Bond Counsel regarding interpretation of the applicable law. We express no view regarding the legal sufficiency of any such computations or the correctness of any legal interpretation made by Bond Counsel. Language to be added for Insured Bonds 3. Reserve Fund. D-1 The establishment of the Reserve Fund in the amount of the Reserve Requirement was vital to the marketing of the Bonds and reasonably required to assure the payment of debt service on the Bonds. Nothing herein represents our interpretation of any laws or regulations under the Internal Revenue Code of 1986, as amended. Dated: STIFEL, NICOLAUS & COMPANY, INCORPORATED DBA STONE & YOUNGBERG, A DIVISION OF STIFEL NICOLAUS By: Authorized Representative D-2 Stradling Yocca Carlson & Rauth Draft of 12/18/12 ESCROW AGREEMENT THIS ESCROW AGREEMENT, dated as of January 1, 2013 (the "Agreement"), by and between the City of Carlsbad (the "City") and The Bank of New York Mellon Tmst Company, N.A. (the "Escrow Bank"), is entered into in accordance with Resolution No. of the City adopted on January 8, 2013 and an Indenture, dated as of January 1, 2013 (the "2013 Indenture"), between the City and The Bank of New York Mellon Trust Company, N.A., as trustee thereunder, to refund certain outstanding Limited Obligation Improvement Bonds issued by the City for certain of its assessment districts, and in connection with Reassessment District No. 2012-1 (the "Reassessment District"). WITNESSETH: WHEREAS, the City Council of the City of Carlsbad (the "City Council") has taken proceedings under the Refunding Act of 1984 for 1915 Improvement Act Bonds pursuant to Division 11.5 of the Califomia Streets and Highways Code (the "1984 Act"), for the formation of Reassessment District No. 2012-1 and has confirmed a reassessment, which reassessment and a related diagram were recorded with the Superintendent of Streets, and a notice of reassessment, as prescribed in Section 3114 of the Code, has been recorded with the County Recorder of the County of San Diego, whereupon the reassessment attached as a lien upon the property assessed within the Reassessment District as provided in Section 3115 of the Code; and WHEREAS, the City has heretofore duly issued its Assessment District No. 2003-01 (College Boulevard and Cannon Road East) Benefit Area No. 1 (Calavera Hills II) Limited Obligation Improvement Bonds (the "2004 Bonds") pursuant to the terms of that certain Bond Indenture by and between the City and BNY Westem Tmst Company dated as of May 1, 2004 (the "2004 Indenture"), and its Assessment District No. 2002-1 (Poinsettia Lane East) Limited Obligation Improvement Bonds, Series 2005A (the "2005A Bonds" and together with the 2004 Bonds, the "Refunded Bonds") pursuant to the terms of that certain Bond Indenture by and between the City and The Bank of New York Tmst Company, N.A. dated as of Febmary 1, 2005 (the "2005A Indenture" and together with the 2004 Indenture, the "Bond Indentures"); and WHEREAS, the Escrow Bank is the successor in interest to both BNY Westem Tmst Company and The Bank of New York Tmst Company, N.A., and has acted and acts as the tmstee under the Bond Indentures (the "Prior Tmstee"); and WHEREAS, the City has determined to issue its $ City of Carlsbad Reassessment District No. 2012-1 Limited Obligation Refunding Bonds (the "Bonds") pursuant to the 1984 Act to refund the Refunded Bonds issued by the City for Assessment District No. 2002-01 (Poinsettia Lane East) ("Assessment District No. 2002-01") and Benefit Area No. 1 of Assessment Disfrict No. 2003-01 (College Boulevard and Cannon Road East) (Calavera Hills II) ("Benefit Area No. 1" and, together with Assessment District No. 2002-01, the "Assessment Districts"), which shall be issued to represent the unpaid reassessments and those assessments levied for the fiscal year ending June 30, 2013 which were not paid to the City prior to the Closing Date (as defined in the 2013 Indenture), and in order to provide moneys which together with certain other moneys of the City will be used to cause a defeasance of the Refunded Bonds, to redeem the Refunded Bonds maturing on and after September 2, 2013 at the respective redemption prices listed for each set of the Refunded Bonds corresponding to its Assessment District in Schedule I, plus accmed interest to the DOCSOC/l 593902v5/022062-0032 redemption date of March 2, 2013, as required under the Bond Indentures (for each, the "Redemption Price"); and WHEREAS, the City has taken action to cause to be issued or delivered to the Escrow Bank for deposit in or credit to certain escrow funds established and maintained by it (the "Escrow Funds" and each an "Escrow Fund") moneys to be held partly uninvested as cash and partly invested in those securities set forth and at the amounts set forth in Schedule III hereto, in an amount which has been certified by Grant Thomton LLP (the "Verification Agent"), in a report on file with the City, to be sufficient to pay on March 2, 2013 the Redemption Price for each set of Refunded Bonds maturing on or after September 2, 2013. NOW THEREFORE, in consideration of the mutual covenants and agreements herein contamed, the City and the Escrow Bank agree as follows: Section 1. Establishment. Funding and Maintenance of Escrow Fund. The Escrow Bank agrees to establish and maintain an Escrow Fund for both sets of Refunded Bonds, as set forth in Schedule I hereto. Each Escrow Fund shall be maintained until the Redemption Price for all the Refunded Bonds has been paid in full, and the Escrow Bank shall hold the moneys therein at all times as a special and separate escrow funds (each Escrow Fund wholly segregated from each other and firom all other securities, investments or moneys on deposit, with the Escrow Bank). The City agrees to cause to be deposited with the Escrow Bank an aggregate amount of $ , from Bond Proceeds, which together with $ from surplus constmction funds associated with Assessment District No. 2002-01 (Poinsettia Lane East), surplus redemption funds held by the Escrow Bank in its capacity as Prior Tmstee for both sets of Refunded Bonds (as identified in Schedule II hereto), and collected assessments will be divided and deposited into each Escrow Fund as set forth m Schedule I hereto. The Escrow Bank shall immediately apply from the Escrow Funds the amounts set forth in Schedule III to acquire on the date of issuance of the Bonds, the securities set forth, at the prices set forth, in Schedule III, and hold the remainder of the funds in each Escrow Fund in cash. The total moneys to be deposited in each Escrow Fund is listed in Schedule I as the "Escrow Requirement." As used in this Agreement, and for each set of Refunded Bonds, the term "Redemption Price" includes all principal on the Refunded Bonds maturing on or after September 2, 2013, any applicable redemption premium and accmed interest to March 2, 2013. Section 2. Pavment of Refunded Bonds. (a) Payment. The Escrow Bank shall pay from each Escrow Fund to the owners of the respective Refunded Bonds on March 2, 2013 the Redemption Price (as set forth in Schedule I attached hereto). For each set of Refunded Bonds, such transfers shall constitute fiill payment of all outstanding principal, interest and any applicable premium. (b) Unclaimed and Other Moneys. To the maximum extent permitted by law, any moneys held by the Escrow Bank in any Escrow Fund which remain unclaimed for two (2) years after March 2, 2013, shall, at the written request of the City, be repaid by the Escrow Bank to the City, provided, however, that the Escrow Bank shall first publish a notice as more fully described the Bond Indentures corresponding to the Escrow Fund at issue that said moneys remain unclaimed. Any moneys held by the Escrow Bank in any Escrow Fund on and after March 2, 2013, in excess of that necessary to redeem the Refunded Bonds corresponding to that Escrow Fund (aside from DOCSOC/l 593902v5/022062-0032 unclaimed moneys described above), shall be fransferred to The Bank of New York Mellon Tmst Company, N.A. for deposit in the Redemption Fund established under the 2013 Indenture. (c) Priority of Payments. The respective holders of each set of the Refunded Bonds shall have a first lien on the moneys in the corresponding Escrow Fund which are allowable and sufficient to pay such Refunded Bonds until such moneys are used and applied as provided in this Agreement. Any cash or securities held in an Escrow Fund for a given set of Refunded Bonds are irrevocably pledged only to the holders of such Refunded Bonds. Section 3. Notices of Defeasance and Redemption of the Refunded Bonds. The City hereby irrevocably instmcts the Escrow Bank to mail a notice of defeasance with respect to the Refunded Bonds in the form required by and fri accordance with the procedures set forth in the Bond Indentures and to mail a notice of redemption with respect to the Refunded Bonds in the form required by and in accordance with the procedures set forth in the Bond Indentures. The City hereby requests and irrevocably instmcts the Escrow Bank, and the Escrow Bank hereby agrees, to collect and deposit in each Escrow Fund the amounts set forth in Section 1 above and on Schedule I below, and to apply such amounts to the payment of the Redemption Price of the Refunded Bonds, as set forth on Schedule I on the date set forth therein. Section 4. Possible Deficiencies: Amounts in Excess of Required Cash Balance. (a) If at any time the officer of the Escrow Bank assigned to admfriister this Escrow Agreement has actual knowledge that the moneys in the Escrow Funds will not be sufficient to make all payments requfred by Section 2 hereof, the Escrow Bank shall notify the City in v^iting as soon as is reasonably practicable of such fact, the amount of such deficiency and, to the best of its information, the reason therefor. (b) Upon receipt of the notice specified in subsection (a) of this Section, the City may deposit in any Escrow Fund, from any legally available moneys, such additional moneys as may be required to meet fully the aggregate amounts to become due and payable in connection with the payment of the Redemption Price for any set of Refunded Bonds, as necessary; provided, however, the City shall under no circumstances be obligated to make such deposit and shall have no liability to the owners of the Refunded Bonds should it choose not to make such a deposit. (c) Neither the Escrow Bank nor the City shall incur any liability to any party in the event the City elects not to make any such deposit. Section 5. Fees and Costs. (a) The parties hereto agree that the rights, duties and obligations of the Escrow Bank shall, except as otherwise expressly provided herein, be govemed by provisions identical to the provisions set forth in the Bond Indentures. The Escrow Bank undertakes to perform only such duties as are expressly set forth in this Agreement and no implied duties, covenants or obligations shall be read into this Agreement against the Escrow Bank. The Escrow Bank shall be entitled to the same rights and immunities applicable to the Prior Tmstee as set forth in the Bond Indentures. The Escrow Bank shall not be liable for the sufficiency of the Escrow Funds or the moneys to pay the Redemption Price and interest of the Refunded Bonds. The Escrow Bank may conclusively rely as to DOCSOC/l 593902v5/022062-0032 the tmth and accuracy of the statements and correctness of any opinions or calculations provided to it in connection with this Agreement. (b) The Escrow Bank shall also be entitled to payment by the City of additional fees and reimbursements for costs incurred, including, but not limited to, reasonable legal and accountants' fees, in cormection with any litigation which may at any time be instituted involving this Agreement. (c) The fees of and the costs incurred by the Escrow Bank shall in no event be deducted or payable from, or constitute a lien against, the amounts in the Escrow Funds until all of the Refunded Bonds have been paid and discharged in full. Section 6. Severability. If any section, paragraph, sentence, clause or provision of this Agreement shall for any reason be held to be invalid or unenforceable, the invalidity or unenforceability of such section, paragraph, sentence, clause or provision shall not affect any of the remaining provisions of this Agreement. Section 7. Successors or Assigns. Whenever the City or the Escrow Bank are named or are referred to herein, such provisions shall be deemed to include any successor of the City, or the Escrow Bank, whether so expressed or not. All of the stipulations, obligations and agreements by or on behalf of, and other provisions for the benefit of, the City, or the Escrow Bank contained herein: (1) Shall buid and inure to the benefit of any such successor, and (2) Shall bind and friure to the benefit of any officer, board, authority, agent or instmmentality to whom or to which there shall be transferred by or in accordance with the law any right, power or duty of the City, or the Escrow Bank, respectively, or of its successor, the possession of which is necessary or appropriate to comply with any such stipulations, obligations, agreements or other provisions hereof Section 8. Termination. This Escrow Agreement shall terminate when all transfers required to be made by the Escrow Bank under the provisions hereof shall have been made. Any moneys remaining in the Escrow Funds at the time of such termfriation shall be disfributed to or upon the direction of the City. Section 9. Goveming Law. This Escrow Agreement shall be govemed by the applicable laws of the State of Califomia. Section 10. Headings. Any headings preceding the text of the several Sections hereof, and any table of contents appended to copies hereof, shall be solely for convenience of reference and shall not constitute a part of this Escrow Agreement, nor shall they affect its meaning, constmction or effect. Section 11. Execution of Counterparts. This Agreement may be executed in any number of counterparts, each of which shall for all purposes be deemed to be an original and all of which shall together constitute but one and the same instmment. [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] DOCSOC/l 593902v5/022062-0032 IN WITNESS WHEREOF, the City ofCarlsbad and The Bank of New York Mellon Tmst Company, N.A., as Escrow Bank, have caused this Agreement to be executed as of the day and year first above written. CITY OF CARLSBAD By: Its: Interim City Manager ATTEST: City Clerk THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Escrow Bank By: Authorized Officer S-1 DOCSOC/l 593902v5/022062-0032 SCHEDULE I ESCROW CASH FLOW Escrow Fundfor: Period Ending Refunded Interest Principal Redeemed Escrow Requirement Total (Redemption Price) Assessment Disfrict No. 2002-01 (Poinsettia Lane East) mum $28,630,000.00 Assessment District No. 2003-01 (College Boulevard and Carmon Road East) Benefit Area No. 1 (Calavera Hills II) 3/2/2013 $10,155,000.00 Schedule I DOCSOC/l 593902v5/022062-0032 SCHEDULE II DEPOSITS TO ESCROW FUNDS Escrow Fund for: Bond Proceeds Existing Funds* March 2, 2013 Assessment Levy Total Assessment District No. 2002-01 (Poinsettia Lane East) Assessment District No. 2003-01 (College Boulevard and Carmon Road East) Benefit Area No. 1 (Calavera Hills II) *For each Assessment District, figure includes amounts from the debt service reserve fund, the March 2,2013 assessment, and surplus redemption funds. For Assessment District No. 2002-01 (Poinsettia Lane East) this amount also included $ of surplus consfruction funds. Schedule II DOCSOC/l 593902v5/022062-0032 SCHEDULE in rU.S. TREASURY OBLIGATIONS - STATE AND LOCAL GOVERNMENT SERIES] Purchase Date Type of Security SLGS SLGS SLGS SLGS Assessment District No. 2002-01 (Poinsettia Lane East) Type of SLGS Maturity Date First Interest payment Date Par Amount Rate Purchase Date Assessment District No. 2003-01 (College Boulevard and Cannon Road East) Benefit Area No. 1 (Calavera Hills II) Type of Security SLGS SLGS SLGS SLGS Type of SLGS Maturity Date First Interest Payment Date Par Amount Rate Schedule III DOCSOC/l 593902v5/022062-0032 Stradling Yocca Carlson & Rauth Draft of 12/18/12 INDENTURE By and Between THE CITY OF CARLSBAD and THE BANK OF NEW YORK IMELLON TRUST COIMPANY, N.A., as Trustee Relating to $ CITY OF CARLSBAD REASSESSMENT DISTRICT NO. 2012-1 LIMITED OBLIGATION REFUNDING BONDS Dated as of January 1,2013 DOCSOC/l 590432v8/022062-0032 Table of Contents Page ARTICLE I DEFINITIONS Section 101. Definitions 1 Section 102. Interpretation 11 Section 103. Equality of Bonds; Pledge of Reassessments; No Obligation to Cure Deficiency 11 ARTICLE H AUTHORIZATION AND ISSUANCE OF BONDS Section 201. Authorization and Designation of Bonds 11 Section 202. Type and Nature of Bonds; Limited Liability 12 Section 203. Authorization and Purpose of Bonds ..12 Section 204. Terms of Bonds 12 Section 205. Execution and Authentication 14 Section 206. Book-Entry System 14 Section 207. Representation Letter 15 Section 208. Payments to the Nominee 15 Section 209. Initial Depository and Nominee 16 Section 210. Transfers Outside of Book-Entry System 16 Section 211. Registration, Exchange or Transfer 16 Section 212. Bond Register 16 Section 213. Mutilated, Lost, Destroyed or Stolen Bonds 16 Section 214. Refunding of Bonds 17 ARTICLE III REDEMPTION OF BONDS Section 301. Provisions for the Redemption of Bonds 17 Section 302. Notice of Redemption 18 Section 303. Partial Redemption of Bonds 19 Section 3 04. Effect of Notice and Availability of Redemption Money 19 ARTICLE TV CREATION OF FUNDS AND ACCOUNTS; APPLICATION OF PROCEEDS AND ASSESSMENTS Section 401. Funds and Accounts 19 Section 402. Application of Proceeds of the Sale of Bonds 20 Section 403. Costs of Issuance Fund 20 Section 404. Reassessment Fund 20 Section 405. Redemption Fund 21 Section 406. Reserve Fund 22 Section 407. Rebate Fund 23 DOCSOC/l 590432v8/022062-0032 Section 408. Table of Contents (continued) Investments Page 26 ARTICLE V COVENANTS AND WARRANTY Section 501. Warranty 27 Section 502. Covenants 27 Section 503. Continuing Disclosure 29 ARTICLE VI AMENDMENTS TO AGREEMENT Section 601. Amendments Not Requiring Bondowner Consent 30 Section 602. Amendments Requiring Bondowner Consent 30 Section 603. Notation of Bonds; Delivery of Amended Bonds 31 ARTICLE VII TRUSTEE Section 701. Tmstee 31 Section 702. Removal of Tmstee 32 Section 703. Resignation of Tmstee 33 Section 704. Liability of Tmstee 33 Section 705. Interested Transactions 35 Section 706. Agents 35 ARTICLE Vm Section 801. Section 802. EVENTS OF DEFAULT; REMEDIES Event of Default. Remedies ,35 36 Section 901. Defeasance ARTICLE IX DEFEASANCE ,36 Section 1001. Section 1002. ARTICLE X MISCELLANEOUS Cancellation of Bonds 37 Execution of Documents and Proof of Ownership 37 DOCSOC/l 590432v8/022062-0032 Table of Contents (continued) Page Section 1003. Unclaimed Moneys 38 Section 1004. Provisions Constitute Contract; Successors 38 Section 1005. Further Assurances; Incontestability 39 Section 1006. Severability 39 Section 1007. General Authorization 39 Section 1008. Liberal Constmction 39 Section 1009. Notice 39 Section 1010. Action on Next Business Day 39 EXHIBIT A Form of Written Delivery Requisition - Costs of Issuing Bonds A-1 DOCSOC/l 590432v8/022062-0032 INDENTURE This Indenture, dated as of January 1, 2013 (this "Indenture"), is made and entered into by the City of Carlsbad (the "City"), a chartered city and municipal corporation, duly established and existing under the Constitution and laws of the State of Califomia (the "State"), and The Bank of New York Mellon Tmst Company, N.A. (the "Tmstee") in connection with City of Carlsbad Reassessment Disfrict No. 2012-01 (the "Reassessment Disfrict"). WITNESSETH: WHEREAS, the City Council of the City (the "City Council") has taken proceedings under the Refimding Act of 1984 for 1915 Improvement Act Bonds, Division 11.5 of the Califomia Streets and Highways Code (the "1984 Acf), for the reassessment of parcels with unpaid assessments within Assessment District No. 2002-01 (Poinsettia Lane East) and Benefit Area No. 1 of Assessment District No. 2003-01 (College Boulevard and Cannon Road East) (Calavera Hills II) ("Benefit Area No. 1" and, together with Assessment District No. 2002-01, the "Assessment Districts") and has confirmed a reassessment, which reassessment and a related diagram were recorded with the Superintendent of Streets of the City, and a notice of reassessment, as prescribed in Section 3114 of the Califomia Sfreets and Highways Code, has been recorded with the County Recorder of the County of San Diego, whereupon the assessment attached as a lien upon the property reassessed within the Reassessment Disfrict which encompasses all of the property within the Assessment Districts as provided in Section 3115 of the Code; and WHEREAS, it is necessary and desirable that the City sell refunding bonds (the "Bonds") pursuant to the 1984 Act to represent the unpaid reassessments and to refund certain outstanding Limited Obligation Improvement Bonds issued by the City for the Assessment Districts; NOW, THEREFORE, in consideration of the mutual covenants herein contained and for other valuable consideration the receipt and sufficiency of which is hereby acknowledged, the parties hereto do hereby agree as follows: ARTICLE I DEFINITIONS Section 101. Definitions. Unless the context otherwise requires, the following terms shall have the following meanings: "Act" means, collectively, the 1915 Act and the 1984 Act. "Adminisfrative Expense Fund" means the City of Carlsbad Reassessment District No. 2012-1 Adminisfrative Expense Fund established and held by the City pursuant to Section 401 hereof "Adminisfrative Expense Requirement" means an amount, not in excess of the aggregate maxunum annual assessment for Adminisfrative Expenses permitted to be levied within the Assessment Disfricts as set forth in the Reassessment Report, to be specified each year by the Treasurer to be used for Administrative Expenses. DOCSOC/l 590432v8/022062-0032 "Adminisfrative Expenses" means the ordinary and necessary fees and expenses for determination of the Reassessment and administering the levy and collection of the Reassessment and servicing, calling and redeeming the Bonds, including any or all of the following: the fees and expenses of the Tmstee (includmg any fees or expenses of its counsel), the expenses of the City in carrying out its duties hereunder (including, but not limited to, annual audits and costs incurred in the levying and collection of the Reassessment) including the fees and expenses of its counsel and all other costs and expenses of the City or the Tmstee incurred in connection with the discharge of their respective duties hereunder and, in the case of the City, in any way related to the adminisfration of the Assessment Districts. "Assessment District means one of the Assessment Districts. "Assessment Disfricts" means the City's Assessment District No. 2002-01 (Poinsettia Lane East) and Benefit Area No. 1 (Calavera Hills II) of Assessment District No. 2003-01 (College Boulevard and Cannon Road East). "Authorized Investments" "Authorized Investments" means any of the following which at the time of investment are legal investments under the laws of the State for the moneys proposed to be invested therein: (1) (A) Direct obligations (other than an obligation subject to variation in principal repayment) of the United States of America ("United States Treasury Obligations"); (B) obligations fully and unconditionally guaranteed as to timely payment of principal and interest by the United States of America; (C) obligations fully and unconditionally guaranteed as to timely payment of principal and interest by any agency or instmmentality of the United States of America when such obligations are backed by the full faith and credit of the United States of America; or (D) evidences of ovmership of proportionate interests in future interest and principal payments on obligations described above held by a bank or trast company as custodian, under which the owner of the investment is the real party in interest and has the right to proceed directly and individually against the obligor and the underlying govemment obligations are not available to any person claiming through the custodian or to whom the custodian may be obligated; (2) Federal Housing Adminisfration debentures; (3) The listed obligations of govemment-sponsored agencies which are not backed by the full faith and credit of the United States of America: Federal Home Loan Mortgage Corporation (FHLMC): Participation certificates (excluded are stripped mortgage securities which are purchased at prices exceeding their principal amounts) and senior debt obligations. Federal Farm Credit Banks: Consolidated system-wide bonds and notes. Federal Home Loan Banks (FHL Banks): Consolidated debt obligations, and Federal National Mortgage Association (FNMA): Senior debt obligations and mortgage-backed securities (excluded are stripped mortgage securities which are purchased at prices exceeding their principal amounts); DOCSOC/l 590432v8/022062-0032 (4) Unsecured certificates of deposit, time deposits, bank deposits, demand deposits and bankers' acceptances (having maturities of not more than 30 days) of any bank (including the Tmstee and any affiliate) the short-term obligations of which are rated "A-1" or better by Standard & Poor's; (5) Deposits the aggregate amount of which are fully insured by the Federal Deposit Insurance Corporation (FDIC) in banks (including the Trustee and any affiliate) which have capital and surplus of at least $5 million; (6) Commercial paper (having original maturities of not more than 270 days rated "A-1" or "A-1+" by Standard & Poor's and "Prime-1" by Moody's; (7) Money market fimds rated "AAm" or "AAm-G" or better by Standard & Poor's (including those of the Tmstee or its affiliates); (8) "State Obligations," which means: (A) Direct general obligations of any state of the United States of America or any subdivision or agency thereof to which is pledged the full faith and credit of a state the unsecured general obligation debt of which is rated "A3" by Moody's and "A-" by Standard & Poor's, or better, or any obligation fully and unconditionally guaranteed by any state, subdivision or agency whose unsecured general obligation debt is so rated, (B) Direct general short-term obligations of any state agency or subdivision or agency thereof described in (A) above and rated "A-1+" by Standard & Poor's and "Prime-l" by Moody's, and (C) Special Revenue Bonds (as defined in the United States Bankmptcy Code) of any state, state agency or subdivision described in (A) above and rated "AA-" or better by Standard & Poor's and "Aa3" or better by Moody's; (9) Pre-refunded municipal obligations rated by Standard & Poor's and by Moody's not lower than United States Treasury Obligations meeting the following requirements: (A) the municipal obligations are (1) not subject to redemption prior to maturity or (2) the tmstee for the municipal obligations has been given irrevocable instmctions conceming their call and redemption and the issuer of the municipal obligations has covenanted not to redeem such municipal obligations other than as set forth in such instmctions, (B) the municipal obligations are secured by cash or United States Treasury Obligations which may be applied only to payment of the principal of, interest and premium on such municipal obligations, (C) the principal of and interest on the United States Treasury Obligations (plus any cash in the escrow) has been verified by the report of independent certified public accountants to be sufficient to pay in full all principal of, interest, and premium, if any, due and to become due on the municipal obligations ("Verification"), DOCSOC/l 590432v8/022062-0032 (D) the cash or United States Treasury Obligations serving as security for the municipal obligations are held by an escrow agent or tmstee in tmst for owners of the municipal obligations, (E) no substitution of a United States Treasury Obligation shall be permitted except with another United States Treasury Obligation and upon delivery of a new Verification, and (F) the cash or United States Treasury Obligations are not available to satisfy any other claims, including those by or against the tmstee or escrow agent; (10) Repurchase agreements with (1) any domestic bank, or domestic branch of a foreign bank, the long term debt of which is rated at least "A" by Standard & Poor's and Moody's; or (2) any broker-dealer with "retail customers" or a related affiliate thereof which broker-dealer has, or the parent company (which guarantees the provider) of which has, long-term debt rated at least "A" by Standard & Poor's and Moody's, which broker-dealer falls under the jurisdiction of the Securities Investors Protection Corporation; or (3) any other entity rated "A" or better by Standard & Poor's and Moody's, provided that: (A) The market value of the collateral is maintained at levels equal to 102% of the amount of cash fransferred by the Tmstee to the provider of the repurchase agreement plus accmed interest with the collateral being valued weekly and marked-to-market at one current market price plus accmed interest, (B) The Tmstee or a third party acting solely as agent therefor or for the City strict (the "Holder of the Collateral") has possession of the collateral or the collateral has been transferred to the Holder of the Collateral in accordance with applicable state and federal laws (other than by means of enfries on the fransferor's books), (C) The repurchase agreement shall state and an ophiion of counsel shall be rendered at the time such collateral is delivered that the Holder of the Collateral has a perfected first priority security interest in the collateral, any substituted collateral and all proceeds thereof (in the case of bearer securities, this means the Holder of the Collateral is in possession), and (D) The repurchase agreement shall provide that if during its term the provider's rating by either Moody's or Standard & Poor's is withdrawn or suspended or falls below "A" by Standard & Poor's or "A3" by Moody's, as appropriate, the provider must, at the direction of the City or the Tmstee, within 10 days of receipt of such direction, repurchase all collateral and terminate the agreement, with no penalty or premium to the City or the Tmstee; (11) Investment agreements with a domestic or foreign bank or corporation the long-term debt of which or, in the case of a guaranteed corporation the long-term debt, or, in the case of a monoline financial guaranty insurance company, claims paying ability, of the guarantor is rated at least "AA-" by Standard & Poor's and "Aa3" by Moody's; provided that, by the terms of the investment agreement: DOCSOC/l 590432v8/022062-0032 (A) interest payments are to be made to the Tmstee at times and m amounts as necessary to pay debt service (or, if the investment agreement is for the Costs of Issuance Fund, constmction draws) on the Bonds, (B) the invested funds are available for withdrawal without penalty or premium, at any time upon not more than seven days' prior notice; the City and the Tmstee hereby agree to give or cause to be given notice in accordance with the terms of the investment agreement so as to receive fimds thereunder with no penalty or premium paid, (C) the investment agreement shall state that is the unconditional and general obligation of, and is not subordinated to any other obligation of, the provider thereof, or, in the case of a bank, that the obligation of the bank to make payments under the agreement ranks pari passu with the obligations of the bank to its other depositors and its other unsecured and unsubordinated creditors, (D) the City and the Tmstee receives the opinion of domestic counsel (which opinion shall be addressed to the City and the Tmstee) that such investment agreement is legal, valid, binding and enforceable upon the provider in accordance with its terms and of foreign counsel (if applicable) in form and substance acceptable, and addressed to, the City, (E) the investment agreement shall provide that if during its term: (1) the provider's rating by either Standard & Poor's or Moody's falls below "AA-" or "Aa3", respectively, the provider shall, at its option, within 10 days of receipt of publication of such downgrade, either (i) collateralize the investment agreement by delivering or transferring in accordance with applicable state and federal laws (other than by means of enfries on the provider's books) to the City, the Tmstee or a third party acting solely as agent therefor (the "Holder of the Collateral") collateral free and clear of any third-party liens or claims the market value of which collateral is mamtained at levels and upon such conditions as would be acceptable to Standard & Poor's and Moody's to maintain an "A" rating in an "A" rated stmctured financing (with a market value approach); or (ii) repay the principal of and accmed but unpaid interest on the investment, and (2) the provider's rating by either Standard & Poor's or Moody's is withdrawn or suspended or falls below "A-" or "A3", respectively, the provider must, at the direction of the City or the Fiscal Agent, within 10 days of receipt of such direction, repay the principal of and accmed but unpaid interest on the investment, in either case with no penalty or premium to the City or Tmstee, (F) the investment agreement shall state and an opinion of counsel shall be rendered, in the event collateral is required to be pledged by the provider under the terms of the investment agreement at the tune such collateral is delivered, that the Holder of the Collateral has a perfected first priority security interest in the collateral, any substituted collateral and all proceeds thereof (in the case of bearer securities, this means the Holder of the Collateral is in possession,; and (G) the investment agreement must provide that if during its term DOCSOC/l 590432v8/022062-0032 (1) the provider shall default in its payment obligations, the provider's obligations under the investment agreement shall, at the direction of the City or the Tmstee, be accelerated and amounts invested and accmed but unpaid interest thereon shall be repaid to the City or Tmstee, as appropriate, and (2) the provider shall become insolvent, not pay its debts as they become due, be declared or petition to be declared bankmpt, etc. ("event of insolvency"), the provider's obligations shall automatically be accelerated and amounts invested and accmed but unpaid interest thereon shall be repaid to the City or Tmstee, as appropriate; and (12) The State of California Local Agency Investment Fund; provided that the Tmstee may restrict investments in such fimd to the extent necessary to keep moneys available for the purposes of this Indenture. "Authorized Representative of the Citv" means the Mayor of the City, the City Manager, the Finance Director of the City, any Interim Finance Director of the City, the Treasurer or any other person or persons designated by the Mayor of the City, the City Manager, the Finance Director of the City, any Interim Finance Director of the City or the Treasurer by a Written Certificate. "Beneficial Owner" means, with respect to a Bond, the person whose name is recorded as the beneficial owner thereof or a portion thereof by a Participant on the records of such Participant, or such person's subrogee. "Bond Counsel" means an attorney or a firm of attomeys, selected by the City, of nationally recognized standing in matters pertaining to the tax treatment of interest on bonds issued by states and their political subdivisions. "Bond Register" means the books which the Tmstee shall keep or cause to be kept pursuant to Section 212, on which the registration and fransfer of the Bonds shall be recorded. "Bond Year" means the one year period or shorter period ending each year on September 2, or such other date as may be specified by the City in the Tax Certificate. "Bondowner" or "Owner" means the person or persons in whose name or names any Bond is registered as shown on the Bond Register. "Bonds" means the City of Carlsbad Reassessment District No. 2012-1 Limited Obligation Refunding Bonds issued pursuant to the Resolution of Issuance and this Indenture. "Business Day" means any day other than (a) a Saturday, Sunday, (b) a day on which they institutions in the State of California or in any state in which the Office of the Tmstee is located are authorized or required by law (including Executive Order) too close, or (c) a day on which the New York Stock Exchange is closed. "Citv" means the City of Carlsbad, Califomia and any successor thereto. "Citv Clerk" means the City Clerk of the City and his or her designee. "City Council" means the City Council of the City of Carlsbad. 6 DOCSOC/l 590432v8/022062-0032 "Closing Date" means the date of delivery of the Bonds by the City and payment therefor by the original purchaser thereof. "Code" means the Intemal Revenue Code of 1986, as amended, and any Regulations, mlings, judicial decisions, and notices, announcements, and other releases of the United States Treasury Department or Intemal Revenue Service interpreting and constming it. "Continuing Disclosure Agreemenf means that certain Continuing Disclosure Agreement dated as of , 201_, executed and delivered by the City, together with any amendments thereto. "Costs of Issuance" means the costs and expenses mcurred in connection with the issuance and sale of the Bonds, including the acceptance and initial annual fees and expenses of the Tmstee, legal fees and expenses, costs of printing the Bonds and the preliminary and final official statements for the Bonds, fees of financial consultants and all other related fees and expenses, as set forth in a Written Certificate of the City. "Costs of Issuance Fund" means the City of Carlsbad Reassessment District No. 2012-1 Costs of Issuance Fund established and held by the Tmstee pursuant to Section 401 hereof "County" means the County of San Diego. "Depository" means The Depository Tmst Company, a limited-purpose tmst company organized under the laws of the State of New York, and its successors as securities depository for the Bonds, including any such successor appointed pursuant to Section 210 hereof "Escrow Agent" means The Bank of New York Mellon Tmst Company, N.A., as escrow agent with respect to the defeasance of the Prior Bonds under the provisions of the Escrow Agreement. "Escrow Agreement" means that certain Escrow Agreement dated as of January 1, 2013 by and between the City and the Escrow Agent relating to Prior Bonds. "Escrow Funds" means the 2004 Escrow Fund and 2005A Escrow Fund respectively established under the Escrow Agreement. "Federal Securities" means, subject to applicable law. United States Treasury notes, bonds, bills or certificates of indebtedness, including United States Treasury Obligations, State and Local Govemment Series ("SLGS") or other direct obligations issued by the United States Treasury for which the faith and credit of the United States are pledged for the payment of principal and interest; and obligations issued by banks for cooperatives, federal land bartics, federal intermediate credit banks, federal home loan banks, the Federal Home Loan Bank Board, the Tennessee Valley Authority, or other federal agencies or United States Govemment-sponsored enterprises. "Fiscal Year" means the twelve-month period terminating on June 30 of each year, or any other annual accounting period hereafter selected and designated by the City as its Fiscal Year in accordance with applicable law. "Indenture" means this Indenture, as amended or supplemented pursuant to the terms hereof DOCSOC/l 590432v8/022062-0032 "Independent Financial Consultant" means a financial consultant or firm of such consultants generally recognized to be well qualified in the financial consulting field, appointed and paid by the City and who, or each of whom: (1) is in fact independent and not under the domination of the City; (2) does not have any substantial interest, direct or indirect, with the City or with any owner of real property within the Reassessment Disfrict; and (3) is not connected with the City as a member, officer or employee of the City, but who may be regularly retained to make annual or other reports to the City. "Interest Payment Date" means each March 2 and September 2, commencing September 2, 2013. "Moody's" means Moody's Investors Service, its successors and assigns. "1915 Acf means the Improvement Bond Act of 1915, being Division 10 (commencing with Section 8500) of the Califomia Sfreets and Highways Code. "1984 Acf means the Refunding Improvement Act of 1984 for 1915 Improvement Act Bonds, being Division 11.5 (commencing with Section 9500) of the Califomia Streets and Highways Code. "Nominee" means the nominee of the Depository, which may be the Depository, as determined from time to time pursuant to Section 206 hereof "Nonpurpose Investmenf means Authorized Investments described as Nonpurpose Investments in the Tax Certificate. "Notice of Reassessment" means the Notice of Reassessment recorded in the Office of the County Recorder of the County of San Diego on , 2013, as Document No. "Office of the Tmstee" means the principal corporate trust office of the Tmstee in Los Angeles, Califomia, or such other office as may be specified in writing to the City by the Tmstee. "Outstanding Bonds" or "Outstanding" means all Bonds theretofore issued by the City, except: (1) Bonds theretofore canceled or surrendered for cancellation; (2) Bonds for the payment or redemption of which moneys shall have been deposited in tmst (whether upon or prior to the maturity or the redemption date of such Bonds), provided that, if such Bonds are to be redeemed prior to the maturity thereof, notice of such redemption shall have been given as provided in this Indenture; and (3) Bonds defeased pursuant to Section 901. DOCSOC/l 590432v8/022062-0032 "Participant" means a broker-dealer, bank and other financial institution for which the Depository holds Bonds or interests therein from time to time as securities depository. "Participating Underwriter" has the meaning ascribed thereto in the Continuing Disclosure Agreement. "Person" means any individual, corporation, firm, association, partnership, limited liability company, trast, or other legal entity or group of entities, including a govemmental entity or any agency or political subdivision thereof. "Prior Bonds" means the 2004 Bonds and the 2005A Bonds. "Reassessment" or "Reassessments" means the special reassessments levied in the Reassessment District in accordance with the 1984 Act and the Resolution of Confirming Reassessments, together with the Unpaid Assessments, and the net proceeds derived from any foreclosure proceedings and interest and penalties thereon, but exclusive of any assessments or reassessments levied to pay Administrative Expenses. "Reassessment District" means City of Carlsbad Reassessment District No. 2012-1. "Reassessment Fund" means the City of Carlsbad Reassessment District No. 2012-1 Reassessment Fund established and held by the Tmstee pursuant to Section 401 hereof "Reassessment Installment" means the annual portion of the Reassessment levied to pay the principal of and interest on the Bonds (which does not include assessments levied by the City to pay Adminisfrative Expenses). "Reassessment Report" means the report conceming the Reassessment prepared by NBS, as approved by the City Council on January 8,2013 and on file with the City Clerk. "Rebate Fund" means the fund by that name established and held by the Tmstee pursuant to Section 401 hereof in which there are established the accounts described m Section 401 hereof. "Rebate Regulations" means any fmal, temporary or proposed Regulations promulgated under Section 148(f) of the Code. "Rebate Requirement" shall have the meaning ascribed to it in the Tax Certificate. "Record Date" means the fifteenth day of the month preceding an Interest Payment Date, whether or not such day is a Business Day. "Redemption Fund" means the City of Carlsbad Reassessment Disfrict No. 2012-1 Redemption Fund established and held by the Tmstee pursuant to Section 401 hereof. "Regulations" means the regulations adopted or proposed by the Department of Treasury from time to time with respect to obligations issued pursuant to Section 103 of the Code. "Representation Letter" means the Blanket Letter of Representations from the City and the Tmstee to the Depository as described in Section 207 hereof DOCSOC/l 590432v8/022062-0032 "Reserve Fund" means the City of Carlsbad Reassessment Disfrict No. 2012-1 Reserve Fund established and held by the Tmstee pursuant to Section 401 hereof. "Reserve Requirement" means, as of the date of any calculation, the least of (a) 10% of the original aggregate principal amount of the Bonds; (b) maximum annual debt service on the Bonds; (provided that annual debt service due in the Bond Year ending September 2, 2014 shall be excluded from such calculation) and (c) 125% of average annual debt service on the Bonds; provided, however, that the Reserve Requirement shall be adjusted to reflect any amount specified for fransfer to the Redemption Fund in a Written Request from the City as described in Section 406 hereof "Resolution of Confirming Reassessments" means Resolution No. , adopted by the City Council of the City on January 8,2013, confirming and ordering the Reassessments. "Resolution of Issuance" means Resolution No. , adopted by the City Council of the City on January 8, 2013, authorizing the issuance of the Bonds and approving the terms and provisions of this Indenture. "Six-Month Period" means the period of time begiiming on the Closing Date of the Bonds, as applicable, and ending six consecutive months thereafter, and each six-month period thereafter until the latest maturity date of the Bonds (and any obligations that refund an issue of the Bonds). "Superintendent of Streets" means the Transportation Director of the City, or his or her designee. "Supplemental Indenture" or "Supplement" means any supplemental agreement amending or supplementing this Indenture. "Tax Certificate" means the Tax Certificate delivered upon the issuance of the Bonds. "Treasurer" means the City Treasurer, or his or her designee. "Trustee" means The Bank of New York Mellon Trast Company, N.A., a national bankmg association duly organized and existing under and by virtue of the laws of the United States of America, or any other bank or trast company which may at any time be substituted in its place as provided in Sections 702 and 703 and any successor thereto. "2004 Bonds" means the City's Assessment District No. 2003-01 (College Boulevard and Cannon Road East) Benefit Area No. 1 (Calavera Hills II) Limited Obligation Improvement Bonds issued on or about June 10, 2004 and outstanding under and pursuant to a Bond Indenture, dated as of May 1, 2004, by and between the City and the BNY Westem Tmst Company. "2004 Escrow Fund" means the "Escrow Fund" established under the Escrow Agreement relating to the 2004 Bonds. "2005A Bonds" means tiie City's Assessment Disfrict No. 2002-1 (Poinsettia Lane East) Limited Obligation Improvement Bonds, Series 2005A issued on or about Febmary 17, 2005 and outstanding under and pursuant to a Bond Indenture, dated as of Febmary 1, 2005, by and between the City and The Bank of New York Trast Company, N.A. 10 DOCSOC/l 590432v8/022062-0032 "2005 Escrow Fund" means the "Escrow Fund" established under the Escrow Agreement relating to the 2005A Bonds. "Unpaid Assessments" means those assessments levied for the fiscal year ending June 30, 2013 in accordance with the 1915 Act and the respective resolutions of formation of the Assessment Disfricts, but which were not paid to the City prior to the Closing Date. "Written Certificate" and "Written Request" of the City mean, respectively, a written certificate or written request signed in the name of the City by an Authorized Representative of the City. Any such certificate or request may, but need not, be combined in a single instrament with any other instrament, opinion or representation; and the two or more so combined shall be read and constraed as a single instrament. "Yield on the Bonds" has the meaning as described in the Tax Certificate. Section 102. Interpretation. Unless the context otherwise indicates, words expressed in the singular shall include the plural, and vice versa and the use of the neuter, masculine, or feminine gender is for convenience only and shall be deemed to mean and include the neuter, masculine or feminine gender, as appropriate. Headings of articles and sections herein and the table of contents hereof are solely for convenience of reference, do not constitute a part hereof and shall not affect the meaning, constraction or effect hereof Section 103. Equality of Bonds; Pledge of Reassessments; No Obligation to Cure Deficiency. Pursuant to the Act and this Indenture, the Bonds are equally secured by a first pledge of and shall be equally payable from the Reassessments without priority for number, issue date, date of sale, date of execution or date of delivery, and the payment of the interest on and principal of the Bonds and any premiums upon the redemption thereof are equally secured by a first pledge of and shall be exclusively paid from the Reassessments and moneys on deposit in the Reassessment Fund, Redemption Fund and the Reserve Fund which are hereby set aside for and irrevocably pledged solely for the payment of the Bonds. The Reassessments, the amounts in the foregoing fimds, and any interest eamed on such funds shall constitute a trast fimd held by the Trastee for the benefit of the Owners of the Bonds to be applied to the payment of the interest on, premium, if any, and principal of the Bonds and so long as any of the Bonds remain Outstanding and shall not be used for any other purpose, except as permitted by the Act, this Indenture or any Supplemental Indenture. Nothing in this Indenture or any Supplemental Indenture shall preclude the redemption prior to maturity of any Bonds subject to call and redemption and payment of said Bonds from proceeds of refunding bonds. ARTICLE II AUTHORIZATION AND ISSUANCE OF BONDS Section 201. Authorization and Designation of Bonds. The City has reviewed all proceedings heretofore taken relative to the authorization of the Bonds and has found, as a result of such review, and hereby finds and determines, that all acts, conditions and things required by law to exist, happen and be performed precedent to and in the issuance of the Bonds do exist, have happened and have been performed in due tune, form and manner as required by the Act, and that the City is now authorized, pursuant to each and every requirement of the Act and hereof, to issue the 11 DOCSOC/l 590432v8/022062-0032 Bonds upon the security of the Reassessments in the aggregate principal amount and in the form and manner provided herein, which Bonds, upon their issuance, shall be entitled to the benefit, protection and security of the provisions hereof Section 202. Type and Nature of Bonds; Limited Liability. Notwithstanding anything contained herein, in the Bonds, in the Act, any other provision of law, or in any of the resolutions adopted in connection with the proceedings for the formation of the Reassessment Disfrict or the proceedings for the Reassessment to the contrary, all Bonds authorized pursuant to this Indenture shall be a special obligation of the City; and the City shall not under any circumstances (including, without limitation, after any instalhnent of principal or interest of any Reassessment levied on any lot or parcel in the Reassessment District becomes delinquent or after the City acquires title to any such lot or parcel whether through foreclosure or otherwise) be obligated to pay principal, premium, if any, or interest on the Bonds from any source whatsoever other than the Redemption Fund (including any transfers thereto from the Reassessment Fund and the Reserve Fund). Neither the City, the City Council, the officers or employees of the City, any person or entity acting for or on behalf of the City in connection with the issuance of the Bonds or in connection with the formation or operation of the Reassessment District, nor any persons executing the Bonds, shall be liable personally on the Bonds or be subject to any personal liability for the Bonds or any personal liability or accountability whatsoever by reason of or in connection with the issuance of the Bonds or by reason of any act or acts or the failure or omission to take any act or acts (including, without limitation, a negligent act or omission) in connection with or related to the formation or operation of the Reassessment District. Section 203. Authorization and Purpose of Bonds. The Bonds shall be designated "City of Carlsbad Reassessment Disfrict No. 2012-1 Limited Obligation Refunding Bonds" and shall be issued by the City under and pursuant to the Act and under and pursuant hereto in the aggregate principal amount equal to the aggregate amount of the unpaid principal portion of the Reassessments (as of the Closing Date, $ ). The designation of each Bond shall include, in addition to their name, such further appropriate particular designation added to or incorporated in the title for the Bonds as the City may determine or as shall be required by the Act; and each Bond shall bear upon its face the designation so determmed. The Bonds may contain or have endorsed thereon such other descriptive provisions, specifications and words not inconsistent with the provisions hereof as may be desirable or necessary to comply with custom or the rales of any securities exchange or commission or brokerage board or otherwise as may be determined by the City prior to the delivery thereof The primary purpose for which the Bonds are to be issued is to provide funds to refinance the cost of the improvements heretofore ordered by the City Council in connection with the formation of the Reassessment District. Section 204. Terms of Bonds. (a) The Bonds and the Certificate of Authentication with respect thereto shall be substantially in the form attached hereto as Exhibit A, and forms are hereby approved and adopted as the form of the Bonds and of the Certificate of Authentication. The Bonds may include such appropriate or necessary insertions, omissions and variations as are permitted or required hereby. Only such of the Bonds as shall bear thereon the Certificate of Authentication in substantially the form approved above, manually executed by the Trastee, shall be valid or obligatory for any purpose or entitled to the benefits of this Indenture; and such certificate of or on behalf of the Trastee shall be 12 DOCSOC/l 590432v8/022062-0032 conclusive evidence that the Bond so authenticated has been duly executed, authenticated and delivered hereunder and is entitled to the benefits of this Indenture. (b) The interest on and principal of and redemption premiums, if any, on the Bonds shall be payable in lawful money of the United States of America at the Office of the Trastee. Interest on the Bonds shall be calculated on the basis of a 360-day year consisting of twelve 30-day months. (c) The Bonds shall be issued in fully registered form without coupons in denominations of $5,000 or any interval old thereof The Bonds shall be dated as of the Closing Date, show mature on of each year, and shall bear interest at the rates per annum as follows: Maturity Date Principal Interest (September 2) Amount Rate (d) Interest shall be payable on each Bond from the date established in accordance with paragraph (e) below on each Interest Payment Date thereafter until the principal sum of that Bond has been paid; provided, however, that if at the maturity date of any Bond (or if the same is redeemable and shall be duly called for redemption, then at the date fixed for redemption) fimds are available for the payment or redemption thereof in fiill in accordance with the terms of this Indenture, such Bonds shall then cease to bear interest. (e) Each Bond shall bear interest from the Interest Payment Date next preceding its date of authentication and regisfration, unless (i) its date of authentication is after a Record Date and on or before the immediately succeeding Interest Payment Date, in which event the Bond shall bear uiterest from such Interest Payment Date or (ii) its date of authentication is before the close of business on the first Record Date, in which event the Bond shall bear interest from its dated date; provided, that if at the time of authentication of any Bond interest is then in default on the Outstanding Bonds, such Bonds shall bear interest from the Interest Payment Date to which interest has previously been paid or made available for payment on the Outstanding Bonds. (f) Payment of interest on the Bonds due on or before the maturity or prior redemption thereof shall be made only to the person whose name appears in the Bond Register as the registered owner thereof at the close of business on the Record Date, such interest to be paid by check mailed by first class mail on the Interest Payment Date to such registered owner at his address as it appears 13 DOCSOC/l 590432v8/022062-0032 on such books or at such other address as he may have filed with the Trastee for that purpose; provided, however, that, in the case of a registered ovmer of $1,000,000 or more in aggregate principal amount of Bonds, upon written request of such registered owner to the Trastee at least 15 days prior to an Interest Payment Date, such payment may be made by wire transfer to an account within the United States designated by such ovmer. Payment of the principal of and redemption premiums, if any, on the Bonds shall be made by check only to the person whose name appears in the Bond Register as the registered owner thereof, such principal and redemption premiums, if any, to be paid only on the surrender of the Bonds at the corporate trast office of the Trastee at maturity or on redemption prior to maturity; provided that sinking fimd payments shall be paid without presentment or surrender of the Bonds. (g) The City and the Trastee may treat and consider the person in whose name each Bond is registered in the Bond Register as the holder and absolute owner of such Bond for the purpose of payment of principal, premium, if any, and interest on such Bond, for the purpose of giving notices of redemption and other matters with respect to such Bond, for the purpose of registering fransfers with respect to such Bond, and for all other purposes whatsoever. The Trastee shall pay all principal of, premium, if any, and interest on the Bonds only to or upon the order of the respective Owners or their respective attomeys duly authorized in writing, and all such payments shall be valid and effective to fully satisfy and discharge the City's obligations with respect to payment of principal of, premium, if any, and interest on the Bonds to the extent of the sum or sums so paid. No person other than an Owner shall receive a certificated Bond evidencing the obligation of the City to make payments of principal, premium, if any, and interest pursuant to this Indenture. (h) From and after the issuance of the Bonds, the findings and determinations of the City Council shall be conclusive evidence of the existence of the facts so found and determined in any action or proceeding in any court in which the validity of such Bonds is at issue; and no bona fide purchaser of any of such Bonds shall be required to independently establish the existence of any fact or the performance of any condition or the taking of any proceeding required prior to such issuance or the application of the purchase price paid for such Bonds. The recital contained in the Bonds that the Bonds are issued under and pursuant to the Act and under and pursuant hereto shall be conclusive evidence of their validity and of the regularity of their issuance and all Bonds shall be incontestable from and after their issuance. Bonds shall be deemed to be issued, within the meaning hereof, whenever the definitive Bonds (or any temporary Bonds exchangeable therefor) have been delivered to the purchaser thereof and the purchase price thereof received. Section 205. Execution and Authentication. The Bonds shall be signed on behalf of the City by the manual or facsimile signature of the Treasurer attested by the manual or facsimile signature of the City Clerk in their respective capacities as officers of the City, and the seal of the City (or a facsimile thereof) may be impressed, imprinted, engraved or otherwise reproduced thereon, and attested by the signature of the City Clerk. In case any one or more of the officers who shall have signed or sealed any of the Bonds shall cease to be such officer before the Bonds so signed and sealed have been authenticated and delivered by the Trastee (including new Bonds delivered pursuant to the provisions hereof with reference to the fransfer and exchange of Bonds or to lost, stolen, desfroyed or mutilated Bonds), such Bonds shall nevertheless be valid and may be issued as if the person who signed or sealed such Bonds had not ceased to hold such office. Section 206. Book-Entry System. The Bonds shall be initially delivered in the form of a separate single fully registered Bond (which may be typewritten) for each of the maturities of the Bonds. Upon initial delivery, the ownership of each such Bond shall be registered in the regisfration 14 DOCSOC/l 590432v8/022062-0032 books kept by the Trastee in the name of the Nominee as nominee of the Depository. Except as provided in Section 210 hereof, all of the Outstanding Bonds shall be registered in the Bond Register the name of the Nominee. With respect to Bonds registered in the Bond Register in the name of the Nominee, neither the City nor the Trastee shall have no responsibility or obligation to any Participant or to any Person on behalf of whom such a Participant holds an interest in the Bonds. Without limiting the immediately preceding sentence, the City and the Trastee shall have no responsibility or obligation with respect to (i) the accuracy of the records of the Depository, the Nominee, or any Participant with respect to any ownership interest in the Bonds, (ii) the delivery to any Participant or any other Person, other than an Owner as shovm in the Bond Register, of any notice with respect to the Bonds, including any notice of redemption, (iii) the selection by the Depository and its Participants of the beneficial interests in the Bonds to be redeemed in the event the Bonds are redeemed in part, or (iv) the payment to any Participant or any other Person, other than an Owner as shown in the Bond Register, of any amount with respect to principal of, premium, if any, or interest due with respect to the Bonds. The City and the Trastee may treat and consider the Person in whose name each Bond is registered in the regisfration books kept by the Trastee as the holder and absolute owner of such Bond for the purpose of payment of the principal of, premium, if any, and interest on such Bond, for the purpose of giving notices of redemption and other matters with respect to such Bond, for the purpose of registering transfers with respect to such Bond, and for all other purposes whatsoever. The Trastee shall pay all principal of, premium, if any, and interest due on the Bonds only to or upon the order of the respective Ovmer, as shovm in the regisfration books kept by the Trastee, or their respective attomeys duly authorized in writing, and all such payments shall be valid and effective to satisfy and discharge fully the City's obligations with respect to payment of the principal, premium, if any, and interest due on the Bonds to the extent of the sum or sums so paid. No Person other than an Owner, as shown in the registration books kept by the Trastee, shall receive a Bond evidencing the obligation of the City to make payments of principal, premium, if any, and interest pursuant to this Indenture. Upon delivery by the Depository to the Trastee and the City of written notice to the effect that the Depository has determined to substitute a new nominee in place of the Nominee, and subject to the provisions herein with respect to Record Dates, the word Nominee in this Indenture shall refer to such new nominee of the Depository. Section 207. Representation Letter. In order to qualify the Bonds which the City elects to register in the name of the Nominee for the Depository's book-entry system, an authorized representative of the Tmstee is hereby authorized to execute from time to time and deliver to such Depository the Representation Letter. The execution and delivery of the Representation Letter shall not in any way limit the provisions of Section 210 or in any other way impose upon the City or the Tmstee any obligation whatsoever with respect to persons having interests in the Bonds other than the Owners, as shovm on the Bond Register. The Trastee agrees to take all action necessary to continuously comply with all representations made by it in the Representation Letter. In addition to the execution and delivery of the Representation Letter, the Authorized Representatives of the City are hereby authorized to take any other actions, not inconsistent with this Indenture, to qualify the Bonds for the Depository's book-entry program. Section 208. Payments to the Nominee. Notwithstanding any other provisions of this Indenture to the contrary, so long as any Bond is registered in the name of the Nominee, all payments with respect to principal, premium, if any, and interest due with respect to such Bond and all notices with respect to such Bond shall be made and given, respectively, as provided in the Representation Letter or as otherwise instmcted by the Depository. 15 DOCSOC/l 590432v8/022062-0032 Section 209. Initial Depository and Nominee. The initial Depository hereunder shall be The Depository Trast Company, New York, New York. The initial Nominee shall be Cede & Co., as Nominee of The Depository Trast Company, New York, New York. Section 210. Transfers Outside of Book-Entry System. In the event (i) the Depository determines not to continue to act as securities depository for the Bonds, or (ii) the City determines that the Depository shall no longer so act, then unless the City identifies another qualified securities depository to replace the Depository the City will discontinue the book-entry system. If the City fails to identify another qualified securities depository to replace the Depository then the Bonds so designated shall no longer be restricted to being registered in the Bond Register kept by the Trastee in the name of the Nominee, but shall be registered in whatever name or names Persons fransferring or exchanging Bonds shall designate, in accordance with the provisions of Section 210 hereof Section 211. Registration, Exchange or Transfer. Under the circumstances described in Section 210 but subject to the limitations set forth in the next paragraph, the regisfration of any Bond may, in accordance with its terms, be fransferred upon the Bond Register by the person in whose name it is registered, in person or by his or her duly authorized attomey, upon surrender of such Bond for cancellation at the Office of the Trastee accompanied by delivery of a written instrament of transfer in a form acceptable to the Trastee and duly executed by the Bondowner or his or her duly authorized attomey. Bonds may be exchanged at the Office of the Trastee for a like aggregate principal amount of Bonds. The Trastee will not charge the Owner for any new Bond issued upon any exchange or transfer, but shall require the Owner requesting such exchange or fransfer to pay any tax or other govemmental charge required to be paid with respect to such exchange or transfer. The cost of printing any Bonds and any services rendered or any expenses incurred by the Trastee in connection with any exchange or transfer shall be paid by the City as Adminisfrative Expenses. Whenever any Bond or Bonds shall be surrendered for registration of transfer or exchange, the City shall execute, and the Trastee shall authenticate and deliver, a new Bond for a like aggregate principal amount; provided, that the Trastee shall not be required to register fransfers or make exchanges of Bonds (a) 15 days prior to the date established by the Trastee for selection of Bonds for redemption, or (b) with respect to a Bond after such Bond has been selected for redemption. Section 212. Bond Register. The Trastee will keep or cause to be kept, at its corporate tmst office, sufficient books for the registration and transfer of the Bonds which shall at all times during regular business hours upon reasonable prior notice be open to inspection by the City; and, upon presentation for such purpose, the Tmstee shall, under such reasonable regulations as it may prescribe, register or transfer or cause to be transferred on said Bond Register, Bonds as herein provided. The City and the Trastee may treat the Owner of any Bond whose name appears on the Bond Register as the absolute Owner of such Bond for any and all purposes, and the City and the Trastee shall not be affected by any notice to the contrary. The City and the Trastee may rely on the address of the Owner as it appears in the Bond Register for any and all purposes. It shall be the duty of the Bondowner to give written notice to the Trastee of any change in the Owner's address so that the Bond Register may be revised accordingly. Section 213. Mutilated, Lost, Destroyed or Stolen Bonds. If a Bond shall become mutilated, the City shall execute, and the Trastee shall authenticate and deliver, a new Bond of like 16 DOCSOC/l 590432v8/022062-0032 principal amount in exchange and substitution for the Bond so mutilated, but only upon surrender to the Tmstee of the Bond so mutilated. If any Bond shall be lost, desfroyed or stolen, evidence of such loss, destmction or theft may be submitted to the Trastee; and, if such evidence is satisfactory to the Trastee and, if indemnity satisfactory to the Trastee shall be given, the City, at the expense of the Bondowner, shall execute and the Trastee shall authenticate and deliver, a new Bond dated as such Trastee shall determine in lieu of and in substitution for the Bond so lost, desfroyed or stolen. Any Bond issued in lieu of any Bond alleged to be lost, destroyed or stolen shall be equally and proportionately entitled to the benefits hereof with all other Bonds issued hereunder. The Trastee shall not freat both the original Bond and any replacement Bond as being Outstanding Bonds for the purpose of determining the principal amount of Bonds which may be executed, authenticated and delivered or for the purpose of determining any percentage of Bonds Outstanding hereunder, but both the original and replacement bond shall be treated as one and the same. Notwithstanding any other provision of this Section, in lieu of delivering a new Bond to replace a Bond which has been mutilated, lost, desfroyed or stolen, and which has matured or is about to mature, the Trastee may make payment with respect to such Bond upon receipt of indemnity satisfactory to it and the City. Section 214. Refunding of Bonds. The Bonds may be refunded by the City under Divisions 11 or 11.5 ofthe 1915 Act upon the conditions set forth in proceedings therefor, all as determined by the City Council. ARTICLE III REDEIVIPTION OF BONDS Section 301. Provisions for the Redemption of Bonds. (a) Mandatorv Redemption from Reassessment Prepayments. The Bonds shall be subject to mandatory redemption, in whole or in part as selected by the Treasurer pursuant to Section 8768 of the Califomia Sfreets and Highways Code, on any Interest Payment Date, from and to the extent of any prepayment of Reassessments, at the following respective redemption prices (expressed as percentages of the principal amount of the Bonds to be redeemed), plus accmed interest thereon to the date of redemption: Redemption Dates Redemption Prices (b) Optional Redemption of Bonds from Other Funds. Excluding Reassessment Prepayments. The Bonds are subject to redemption prior to their stated maturity dates on any Interest Payment Date on or after September 2, , as selected by the City, from any source of fimds other than prepayment of Reassessments, at the followmg respective redemption prices (expressed as percentages of the principal amount of the Bonds to be redeemed), plus accmed interest thereon to the date of redemption: Redemption Dates Redemption Prices 17 DOCSOC/l 590432v8/022062-0032 (c) Mandatorv Sinking Fund Redemption of Bonds. The Bonds maturing on September 2, 20 shall be subject to mandatory sinking fund redemption prior to maturity, in part, on September 2, , and on each September 2 thereafter, from sinking fimd payments, at a redemption price equal to the principal amount of Bonds to be redeemed, together with accmed interest to the date of redemption, without premium, as follows: 20_ Term Bond Redemption Date Redemption (September 2) Amount 20 (maturity) In the event of any prior redemption of the Bonds maturing on September 2,20 pursuant to Sections 301 (a) or, (b), the foregoing sinking fimd payments shall be reduced as proportionately as possible in increments of $5000. Section 302. Notice of Redemption. When Bonds are to be called for redemption under Section 301, the Trastee shall give notice, on behalf of the City, of the redemption of such Bonds. Such notice of redemption shall (a) state the date fixed for redemption and for surrender of the Bonds to be redeemed; (b) state the redemption price; (c) state the place or places where the Bonds are to be surrendered for redemption; and (d) in the case of Bonds to be redeemed only m part, state the portion of such Bond which is to be redeemed. Such notice shall further state that on the date fixed for redemption, there shall become due and payable on each Bond or portion thereof called for redemption, the principal thereof, together with any premium, and interest accraed to the redemption date, and that from and after such date, interest thereon shall cease to accrae and be payable. At least thirty (30) days but no more than sixty (60) days prior to the redemption date, the Trastee shall mail a copy of such notice, by registered or certified mail, postage prepaid, to the respective Owners of Bonds selected for redemption at their addresses appearing on the Bond Register. The actual receipt by the Owner of any Bond of notice of such redemption shall not be a condition precedent thereto, and failure to receive such notice shall not affect the validity of the proceedings for the redemption of such Bonds, or the cessation of interest on the redemption date. A certificate by the Trastee that notice of such redemption has been given as herein provided shall be conclusive as against all parties. A notice of redemption for a redemption of Bonds pursuant to Section 301(b) above may be conditioned upon receipt by the City of sufficient funds to effect the redemption. If sufficient fiinds 18 DOCSOC/l 590432v8/022062-0032 are not on deposit with the Trastee at least one day prior to the redemption date, the redemption shall not occur and the Bonds shall remain Outstanding hereunder. If any redemption is cancelled due to a lack of sufficient fimds, the Trastee shall mail a notice to the Owners stating that such redemption was cancelled and did not occur Section 303. Partial Redemption of Bonds. Upon surrender of any Bond to be redeemed in part only, the City shall execute and the Trastee shall authenticate and deliver to the Owner, at the expense of the City, a new Bond or Bonds of authorized denominations equal in aggregate principal amount to the unredeemed portion of the Bonds. Section 304. Effect of Notice and Availability of Redemption Money. Notice of redemption having been duly given, as provided in Section 302, and the amount necessary for the redemption having been made available for that purpose and being available therefor on the date fixed for such redemption: (a) the Bonds, or portions thereof, designated for redemption shall, on the date fixed for redemption, become due and payable at the redemption price thereof as provided in this Indenture, anything in this Indenture or in the Bonds to the confrary notwithstanding; (b) upon presentation and surrender thereof at the corporate trast office of the Trastee, the redemption price of such Bonds shall be paid to the Owner thereof; (c) after the redemption date the Bonds or portions thereof so designated for redemption shall be deemed to be no longer Outstanding and such Bonds or portions thereof shall cease to bear fiirther interest; and (d) after the date fixed for redemption no Ovmer of any of the Bonds or portions thereof so designated for redemption shall be entitled to any of the benefits of this Indenture, or to any other rights, except with respect to payment of the redemption price and interest accraed to the redemption date from the amounts so made available. ARTICLE rv CREATION OF FUNDS AND ACCOUNTS; APPLICATION OF PROCEEDS AND ASSESSMENTS Section 401. Funds and Accounts. There are hereby created and established the following fiinds and accounts, which fiinds and accounts the City agrees and covenants to maintain with the Trastee so long as any Bonds are Outstanding hereunder: (a) the City of Carlsbad Reassessment District No. 2012-1 Costs of Issuance Fund (the "Costs of Issuance Fund"); (b) the City of Carlsbad Reassessment District No. 2012-1 Reassessment Fund (the "Reassessment Fund"); (c) the City of Carlsbad Reassessment Disfrict No. 2012-1 Redemption Fund (the "Redemption Fund"), in which there shall be established and created a Principal Account, an Interest Account and a Prepayment Account; 19 DOCSOC/l 590432v8/022062-0032 (d) the City of Carlsbad Reassessment Disfrict No. 2012-1 Reserve Fund (the "Reserve Fund"); and (e) the City of Carlsbad Reassessment District No. 2012-1 Rebate Fund (the "Rebate Fund"). The City covenants and agrees to establish with the Treasurer the City of Carlsbad Reassessment District No. 2012-1 Administrative Expense Fund (the "Administrative Expense Fund"). Except for the Adminisfrative Expense Fund and the Rebate Fund, all moneys in the fimds and accounts established hereunder shall be held by the Trastee for the benefit of the Bondowners, shall be accounted for separately and apart from all other accounts, fiinds, money or other resources of the City held by the Trastee and shall be allocated, applied and disbursed solely to the uses and purposes hereinafter set forth in this Article. The Trastee may establish such additional fimds, accounts or subaccounts of the fiinds or accounts listed above as it deems necessary or pradent to fiirther its duties pursuant to this Indenture or any Supplemental Indenture and shall establish any additional fimds, accounts or subaccounts which the City directs it to establish. Section 402. Application of Proceeds of the Sale of Bonds. Proceeds from the sale of the Bonds shall be used as follows: (i) $ , an amount equal to the Reserve Requirement shall be deposited by the Trastee mto the Reserve Fund; (ii) $ shall be deposited by the Trastee in the Costs of Issuance Fund; and (iii) $ shall be fransferred by the Trastee to the Escrow Agent for deposit, along with fiinds held by the trastee for the 2004 Bonds, into the 2004 Escrow Fund for the 2004 Bonds. (iv) $ shall be fransferred by the Trastee to the Escrow Agent for deposit, along with funds held by the trastee for the 2005A Bonds, into the 2005A Escrow Fund for the 2005A Bonds. Section 403. Costs of Issuance Fund. The Trastee shall deposit into the Costs of Issuance Fund the amounts specified in Section 402. The Trastee shall pay the costs of issuing the Bonds from the Costs of Issuance Fund as set forth in Written Request of the City from time to time. At the Written Direction of the City or 90 days after the Closuig Date, the Trastee shall fransfer any remaining balance in the Costs of Issuance Fund to the Redemption Fund and the Trastee shall close the Costs of Issuance Fund. Section 404. Reassessment Fund. Upon receipt of Reassessment Installments, the City shall transfer the Reassessment Installments to the Trastee for deposit to the Reassessment Fund. On or prior to the first day of March and September of each year commencing September 1, 2013, the Trastee is to then fransfer moneys on deposit in the Reassessment Fund in the amounts set forth in the following clauses, in the following order of priority, to: 20 DOCSOC/l 590432v8/022062-0032 (a) the Interest Account of the Redemption Fund, an amount sufficient to make the Interest Payment on the next succeeding Interest Payment Date for the Bonds; (b) the Principal Account of the Redemption Fund, the amount needed to make the payment of principal due on the following September 2 on the Outstanding Bonds, including any mandatory sinking fimd payments; (c) the Reserve Fund, the amount needed to restore the Reserve Fund to the Reserve Requirement; and (d) the Rebate Fund, the amount, if any, as specified in a Written Direction of the City. Any moneys remaining in the Reassessment Fund after the deposits described above shall be transferred by the Trastee to the Prepayment Account of the Redemption Fund. The City shall apply such amounts as a credit against each of the unpaid Reassessments in amounts equal to each parcel's share or portion thereof, of the total amount of Reassessment. Upon provision for payment or redemption of all Bonds, and after payment of any amounts due to the Trastee, all moneys remaining in the Reassessment Fund shall be paid to the City. Section 405. Redemption Fund. The principal of and interest on the Bonds until maturity shall be paid by the Trastee from the Redemption Fund. At the maturity of the Bonds, after all principal and interest then due on any Outstanding Bonds has been paid or provided for, moneys in the Redemption Fund shall be paid to the City. (a) On or prior to the first day of March or September of each year, commencing September 1, 2013, the Trastee shall transfer to the Interest Account of the Redemption Fund from the Reassessment Fund an amount such that the balance in the Interest Account one day prior to each Interest Payment Date shall be equal to the installment of interest due on the Bonds on said Interest Payment Date. Moneys in the Interest Account shall be used for the payment of interest on the Bonds as the same becomes due. (b) On or prior to the first day of September of each year, commencing September 1, 2013, the Trastee shall transfer to the Principal Account of the Redemption Fund from the Reassessment Fund an amount such that the balance in the Principal Account one day prior to each September 2 shall be equal to the installment of principal (including mandatory sinking fimd payments) due on the Bonds on said September 2. Moneys in the Principal Account shall be used to pay the principal (including mandatory siiiking fimd payments) of the Bonds as the same become due. (c) Any amounts remaining in the Redemption Fund, other than in the Prepayment Account, on September 15 of each year, after all principal (including mandatory sinking fimd payments) and interest payments due on the prior September 2 have been paid, shall be fransferred to the Reassessment Fund. (d) Moneys set aside in the Prepayment Account of the Redemption Fund shall be used solely for the purpose of redeeming Bonds and shall be applied on or after the redemption date to the payment of principal of and premium, if any, on the Bonds to be redeemed upon presentation and surrender of such Bonds. 21 DOCSOC/l 590432v8/022062-0032 Upon receiving any prepayment of a Reassessment, the City shall fransfer such prepayment to the Trastee for deposit in the Prepayment Account. The amount so deposited, along with the moneys transferred to the Prepayment Account from the Reserve Fund pursuant to Section 406, shall be used to redeem Bonds pursuant to Section 301(a) on the next Interest Payment Date for which proper notice of redemption of Bonds can be given by the Trastee. Money received by the Trastee fi^om the City from fiinds other than the prepayment of Reassessments shall be deposited in the Prepayment Account and used to redeem Bonds as provided in Section 301(b). If, after all of the Bonds have been redeemed and canceled or paid and canceled, there are moneys remaining in any account of the Redemption Fund, said moneys shall be fransferred to the Reassessment Fund. Section 406. Reserve Fund. The Trastee shall initially deposit into the Reserve Fund the amount specified in Section 402. Thereafter, the Trastee shall transfer sufficient fiinds from the Reassessment Fund as provided in Section 404. Moneys in the Reserve Fund shall be used solely for the purpose of paying the principal (including mandatory sinking fimd payments) of and interest on the Bonds when due in the event that the moneys in the Redemption Fund are insufficient therefor. The Trastee shall withdraw moneys as necessary from the Reserve Fund for deposit in the Redemption Fund on or before the first day of March and September of each year. In the event a Reassessment is prepaid in whole or in part, the Reassessment being prepaid shall be reduced by the amount transferred from the Reserve Fund to the Prepayment Account of the Redemption Fund pursuant to this paragraph. The amount fransferred shall be that portion of the balance then in the Reserve Fund equal to the proportion that the principal amount of the Reassessment prepaid bears to the total of all principal amounts of Reassessments remaining unpaid as of such date. The City shall notify, or shall cause the Trastee to be notified, of the amount to be transferred pursuant to the provisions of this paragraph. Notwithstanding any provision of this Indenture, the amount to be transferred from the Reserve Fund may be utilized for redemption of the Bonds pursuant to Section 301(a) provided that in no event will moneys be transferred to accomplish such redemption in an amount that causes the Reserve Fund to drop below the Reserve Requirement as determined immediately subsequent to such redemption. In the event that moneys comprising the Reserve Fund and the moneys in the Redemption Fund and the Reassessment Fund are sufficient to retire all of the Outstanding Bonds plus accraed interest thereon, such moneys in the Reserve Fund and the Reassessment Fund shall at the Written Direction of City be transferred to the Redemption Fund for the payment of the Bonds. All amounts allocable to a particular parcel remaining in the Reserve Fund in the year in which the last Reassessment Installment with respect to such parcel becomes due and payable shall be credited toward said last Reassessment Installment due with respect to such parcel as set forth below: On or about July 1 of each year, the City shall cause a preliminary calculation to be made of the amount then on deposit in the Reserve Fund anticipated to be fransferred to the Redemption Fund on the immediately succeeding September 1 (in the then current calendar year), and the amount 22 DOCSOC/l 590432v8/022062-0032 anticipated to be remaining on deposit in the Reserve Fund as of such September 1. With respect to such anticipated remainder, the City shall determine the portion thereof anticipated to be available for transfer to the Redemption Fund on September 1 in the next calendar year (as a result of the payment of the principal component of Reassessments in the next calendar year) and shall determine, with respect to those parcels which will be in their final year of Reassessment in the next calendar year, the portion of such amount anticipated to be available for fransfer to the Redemption Fund allocable to each such parcel. Such allocation shall be made pro rata, and shall equal the proportion that the principal amount of the Reassessment payable with respect to a particular parcel bears to the total of all principal amounts of Reassessments to be paid in such calendar year. Those parcels which would otherwise be in their final year of Reassessment shall be afforded a credit against the Reassessment that would otherwise have been levied in such year (or a credit in an earlier year if reduction of the Reserve Fund results in fiinds being available for such purposes at an earlier date), such credit to be based on such parcel's pro rata portion of the moneys on deposit in the Reserve Fund anticipated to be available for fransfer to the Redemption Fund on September 1 of the next calendar year, and such credit not in excess of such parcel's pro rata portion of the Reserve Fund (equal to the proportion that the principal amount of the Reassessment payable with respect to such parcel bears to the total of all principal amounts of Reassessments remaming unpaid as of such date). The City shall then direct the Trastee, pursuant to a Written Request of the City, to transfer from the Reserve Fund to the Redemption Fund, the amount specified in such Written Request for such fransfer, such fransfer to occur on or about September 1 of the next succeeding calendar year (e.g., a report filed during July 2034, will specify the amount to be transferred on September 1, 2034 for payment of debt service of the Bonds on September 2,2034. Notwithstanding any provisions herein to the contrary, moneys in the Reserve Fund in excess of the Reserve Requirement shall be withdrawn from the Reserve Fund by the Trastee on each March 1 and September 1 and shall be fransferred to the Reassessment Fund and shall be used as provided in Section 404. Section 407. Rebate Fund. (a) The Trastee shall establish and maintain a fimd separate from any other fund established and maintained hereunder designated as the Rebate Fund and shall establish a separate Rebate Account and Altemative Penalty Account therein. All money at any time deposited in the Rebate Account or the Altemative Penalty Account of the Rebate Fund shall be held by the Tmstee in tmst, for payment to the United States Treasury. All amounts on deposit in the Rebate Fund with respect to the Bonds shall be govemed by this Section and the Tax Certificate, unless the City obtains an opinion of Bond Counsel that the exclusion from gross income for federal income tax purposes of interest payments on the Bonds will not be adversely affected if such requirements are not satisfied. The Trastee shall be deemed conclusively to have complied with the provisions of this Section and the Tax Certificate if it follows the Written Request of the City, including supplying all necessary information in the maimer provided in the Tax Certificate, and except as otherwise expressly provided herein, shall not be required to take any actions hereunder in the absence of written directions by the City, and shall have no liability or responsibility to enforce compliance by the City with the terms of the Tax Certificate or this Section. 23 DOCSOC/l 590432v8/022062-0032 (i) Rebate Account. The following requirements shall be satisfied with respect to the Rebate Account: (A) Annual Computation. Within 55 days of the end of each Bond Year, the City shall calculate or cause to be calculated the amount of rebatable arbifrage for the Bonds in accordance with Section 148(f)(2) of the Code and Section 1.148-3 of the Rebate Regulations (taking into account any applicable exceptions with respect to the computation of the rebatable arbifrage described in the Tax Certificate (e.g., the temporary investments exceptions of Section 148(f)(4)(B) and (C) of the Code), and taking into account whether the election pursuant to Section 148(f)(4)(C)(vii) of tiie Code (the "P/2% Penalty") has been made), for this purpose freating the last day of the applicable Bond Year as a computation date, within the meaning of Section 1.148-1(b) of the Rebate Regulations (the "Rebatable Arbifrage"). The City shall obtain expert advice as to the amount of the Rebatable Arbifrage to comply with this Section. (B) Annual Transfer. Within 55 days of the end of each Bond Year for which Rebatable Arbifrage must be calculated as required by the Tax Certificate, upon the written direction of an Authorized Representative of the City, an amount shall be deposited to each subaccount of the Rebate Account by the Trastee from any fimds so designated by the City if and to the extent required, so that the balance m the Rebate Account shall equal the amount of Rebatable Arbitrage so calculated by or on behalf of the City in accordance with (i)(A) above. In the event that immediately following any transfer required by the previous sentence, or the date on which the City determines that no transfer is required for such Bond Year, the amount then on deposit to the credit of the applicable subaccount of the Rebate Account exceeds the amount required to be on deposit therein, upon written instractions fi-om an Authorized Representative of the City, the Trastee shall withdraw the excess from the Rebate Account and then credit the excess to the Reassessment Fund. (C) Payment to the Treasury. The Trastee shall pay, as directed in writing by an Authorized Representative of the City, to the United States Treasury, out of amounts in the Rebate Account, (1) Not later than 60 days after the end of (A) the fifth Bond Year for the Bonds, and (B) each applicable fifth Bond Year thereafter, an amount equal to at least 90% of the Rebatable Arbitrage calculated as of the end of such Bond Year for the Bonds, as applicable; and (2) Not later than 60 days after the payment or redemption of all of the Bonds, as applicable, an amount equal to 100% of the Rebatable Arbifrage calculated as of the end of such applicable Bond Year, and any income attributable to the Rebatable Arbitrage, computed in accordance with Section 148(f) of the Code. In the event that, prior to the time of any payment required to be made from the Rebate Account, the amount in the Rebate Account is not sufficient to make such payment when such payment is due, the City shall calculate or cause to be calculated the amount of such deficiency and deposit an amount received from any legally available source equal to such deficiency prior to the time such payment is due. Each payment required to be made pursuant to this Subsection (a)(i)(C) shall be made to the Intemal Revenue Service Center, Ogden, Utah 84201 on or before the date on which such payment is due, and shall be accompanied by Intemal Revenue Service Form 803 8-T, or shall be made in such other manner as provided under the Code. 24 DOCSOC/l 590432v8/022062-0032 (ii) Altemative Penalty Account. (A) Six-Month Computation. If the 1 ViVo Penalty has been elected for the Bonds, within 85 days of each particular Six-Month Period, the City shall determine or cause to be determined whether the P/2% Penalty is payable (and the amount of such penalty) as of the close of the applicable Six-Month Period. The City shall obtain expert advice in making such determinations. (B) Six-Month Transfer. Within 85 days of the close of each Six-Month Period, the Trastee, at the written direction of an Authorized Representative of the City, shall deposit an amount in the Ahemative Penalty Account from any source of fimds held by the Trastee pursuant to this Indenture and designated by the City in such written directions or provided to it by the City, if and to the extent required, so that the balance in the Altemative Penalty Account equals the amount of 1 YiVo Penalty due and payable to the United States Treasury determined as provided in Subsection (a)(ii)(A) above. In the event that immediately following any fransfer provided for in the previous sentence, or the date on which the City determines that no fransfer is required for such Bond Year, the amount then on deposit in the Alternative Penalty Account exceeds the amount required to be on deposit therein to make the payments required by Subsection (a)(ii)(C) below, the Trastee, at the written direction of an Authorized Representative of the City, may withdraw the excess from the Altemative Penalty Account and credit the excess to the Reassessment Fund. (C) Payment to the Treasury. The Tmstee shall pay, as directed in v^iting by an Authorized Representative of the City, to the United States Treasury, out of amounts in a subaccount of the Altemative Penalty Account, not later than 90 days after the close of each Six- Month Period the 1 YiVo Penalty, if applicable and payable, computed with respect to the Bonds in accordance with Section 148(f)(4) of the Code. In the event that, prior to the time of any payment required to be made from the Alternative Penalty Account, the amount in the Altemative Penalty Account is not sufficient to make such payment when such payment is due, the Gity shall calculate the amount of such deficiency and dfrect the Trastee, in writing, to deposit an amount equal to such deficiency into the Altemative Penalty Account from any fimds held by the Trastee pursuant to this Indenture and designated by the City in such written directions prior to the time such payment is due. Each payment required to be made pursuant to this Subsection (a)(ii)(C) shall be made to the Intemal Revenue Service, Ogden, Utah 84201 on or before the date on which such payment is due, and shall be accompanied by Intemal Revenue Service Form 8038-T or shall be made in such other manner as provided under the Code. (b) Disposition of Unexpended Funds. Any fiinds remaining in the Accounts of the Rebate Fund with respect to the Bonds after redemption and payment of such issue and after making the payments described in Subsection (a)(i)(C) or (a)(ii)(C) (whichever is applicable), may be withdrawn by the Trastee at the written dfrection of the City and utilized in any manner by the City. (c) Survival of Defeasance and Final Payment. Notwithstanding anything in this Section or this Indenture to the contrary, the obligation to comply with the requirements of this Section shall survive the defeasance and final payment of the Bonds with respect to which an account has been created in the Rebate Fund. (d) Amendment Without Consent of Owners. This Section may be deleted or amended in any manner without the consent of the Owners, provided that prior to such event there is delivered to the City an opinion of Bond Counsel to the effect that such deletion or amendment will not 25 DOCSOC/l 590432v8/022062-0032 adversely affect the exclusion from gross income for federal income tax purposes of interest on the Bonds. Section 408. Investments. Moneys held in any of the fimds and accounts under this Indenture shall be invested at the Written Direction of the City only in Authorized Investments which shall be deemed at all times to be a part of such fiinds and accounts. The Trastee shall provide monthly statements or reports of the principal balances and investment earnings thereon in each fiind and account maintained by the Trastee hereunder. Authorized Investments shall be purchased at such prices as may be specified or described in a Written Direction of the City (or in telephonic directions promptly confirmed in writing) delivered to the Trastee. The Trastee may conclusively reply upon the written mstractions of the Authorized Representative as to both the suitability and legality of directed investments. Directions as to the purchase of all Authorized Investments shall be subject to the limitations hereinafter in this Section set forth and such additional limitations or requirements consistent with the foregoing as may be established by the Treasurer. Moneys in all fiinds and accounts except for the Reserve Fund shall be invested in Authorized Investments maturing, or with respect to which payments of principal and interest are scheduled or otherwise payable, not later than the date on which the Treasurer has estimated that such moneys will be required by the Trastee for the purposes specified in this Indenture. Moneys in the Reserve Fund shall be invested in Authorized Investments, not less than 50% of which must mature within one year of the date of purchase and all of which must mature within two years of the date of purchase; however, if an Authorized Investment may be redeemed or sold at par on the Business Day prior to each Interest Payment Date, all or a portion of the amount of the Reserve Fund may be invested therein. Authorized Investments purchased under a repurchase agreement may be deemed to mature on the date or dates on which the Trastee may deliver such Authorized Investments for repurchase under such agreement. All interest, profits and other income received from the investment of moneys in any fimd or account established pursuant to this Indenture shall be retained therein, except as fransfers from such fiinds or accounts are authorized in this Indenture. For investment purposes only, the Trastee may commingle the fiinds and accounts established hereunder, and administered by the Trastee, but shall account for each separately. Notwithstanding anything to the confrary contained in this Section, an amount of interest received with respect to any Authorized Investment equal to the amount of accraed interest, if any, paid as part of the purchase price of such Authorized Investment shall be credited to the fimd or account for the credit of which such Authorized Investment was acquired. For the purpose of determining the amount in any fimd or account other than the Reserve Fund, all Authorized Investments credited to such fimd or account shall be valued at the lower of the cost or the market value thereof, exclusive of accraed interest. Amounts in the Reserve Fund shall be valued at their market value at least semi-annually on or before Febraary 15 and August 15 (or more frequently as may be requested by the Treasurer, but in no event more often than monthly). In making any such valuation, the Trastee may utilize nationally recognized securities valuation or pricing services available to it through its accounting system. The Trastee may rely on such valuations and shall not be responsible for the accuracy thereof 26 DOCSOC/l 590432v8/022062-0032 The Trastee, or any of its affiliates, may act as principal or agent in the making or disposing of any investment or as a sponsor, depository, manager for or advisor to any issuer of Authorized Investments. The Trastee shall sell, or present for redemption, any Authorized Investment so purchased whenever it shall be necessary to provide moneys to meet any required payment, fransfer, withdrawal or disbursement from the fund or account to which such Authorized Investment is credited, and the Tmstee shall not be liable or responsible for any loss resulting fi-om such investment, or any other investment made at the direction of the City or otherwise made in accordance with this Indenture. In the absence of a Written Direction of the City received by Trastee at least two Business Days prior to the maturity of an Authorized Investment, the Trastee shall invest solely in Authorized Investments set forth in subsection (7) of the definition thereof The Trastee shall be entitled to rely conclusively upon the Written Direction of the City directing investments in Authorized Investments as to the fact that each such investment is permitted by the laws of the State of Califomia and is an Authorized Investment as required by this Indenture, and the Trastee shall not be required to make further investigation with respect thereto. With respect to any restrictions set forth in the list of Authorized Investments which embody legal conclusions (e.g., the existence, validity and perfection of security interests in collateral), the Trastee shall be entitled to rely conclusively on an opinion of counsel or upon a representation of the provider of such Authorized Investment obtained at the City's expense. Except as specifically provided in this Indenture, the Trastee shall not be liable to pay interest on any moneys received by it, but shall be liable only to account to the City for earnings derived from funds that have been invested. The City acknowledges that regulations of the Comptroller of the Currency grant the City the right to receive brokerage confirmation of security fransactions to be effected by the Trastee hereunder as they occur. The City specifically waives the right to receive such notification to the extent permitted by applicable law and agrees that it will instead receive periodic cash fransaction statements which include detail for the investment fransactions effected by the Trastee hereunder; provided, however, that the City retains its right to receive brokerage confirmation on any investment transaction requested by the City. ARTICLE V COVENANTS AND WARRANTY Section 501. Warranty. The City shall preserve and protect the security of the Bonds and the rights of the Ovmers against all claims and demands of all persons. Section 502. Covenants. So long as any of the Bonds are Outstanding and unpaid, the City makes the following covenants with the Owners under the provisions of the 1915 Act, the 1984 Act and this Indenture (to be performed by the City or its proper officers, agents or employees), which covenants are necessary, convenient and desirable to secure the Bonds and tend to make them more marketable; provided, however, that said covenants do not require the City to expend any fimds or moneys other than the Reassessments: 27 DOCSOC/l 590432v8/022062-0032 (a) Punctual Payment; Covenant Against Encumbrances. The City covenants that it will receive all Reassessment Installments in trast and will, consistent with Section 404 hereof, deposit the Reassessment Installments with the Trastee and the City shall have no beneficial right or interest in the amounts so deposited except as provided by this Indenture. All such Reassessment Installments, whether received by the City in trast or deposited with the Trastee, all as herein provided, shall nevertheless be disbursed, allocated and applied solely to the uses and purposes herein set forth, and shall be accounted for separately and apart from all other money, fiinds, accounts or other resources of the City. The City covenants that it will duly and punctually pay or cause to be paid the principal of and interest on every Bond issued hereunder, together with the premium, if any, thereon on the date, at the place and in the manner set forth in the Bonds and in accordance with this Indenture to the extent Reassessments and interest earnings fransferred to the Redemption Fund are available therefor, and that the payments into the Redemption Fund and the Reserve Fund will be made, all in strict conformity with the terms of the Bonds and this Indenture, and that it will faithfully observe and perform all of the conditions, covenants and requirements of this Indenture and all Supplements and of the Bonds issued hereunder. If at any time the total balance in the Redemption Fund, the Reassessment Fund and the Reserve Fund is sufficient to redeem all Outstanding Bonds pursuant to Section 301 hereof, the Treasurer may direct the Trastee to effect such redemption on the earliest date on which all Outstanding Bonds may be redeemed. The City will not mortgage or otherwise encumber, pledge or place any charge upon any of the Reassessments, and will not issue any obligation or security, payable in whole or in part from the unpaid Reassessments other than the Bonds. (b) Covenant to Levy. The City will cause the Reassessment Installments required to pay the principal of and interest on the Bonds when due to be placed on the tax bills of the owners of the parcels assessed and covenants to levy assessments, as permitted by law, to satisfy the Adminisfrative Expense Requirement. (c) Foreclosure Proceedings. The City will determine or cause to be determined, not later than August 15 of each fiscal year in which Bonds are Outstanding, whether or not any owners of the real property within the Reassessment District are delinquent in the payment of Reassessment Installments. If such delmquencies exist, the City shall order and caused to be commenced an action in the superior court to foreclose the lien of the Reassessment Installment(s) not paid when due, not later than the next following November 1, against any parcel that is subject to delinquencies of $10,000 or more and against any group of parcels under common ownership with an aggregate delinquencies of $10,000 or more; provided that during any period in which the amount on deposit in the Reserve Fund is less than the Reserve Requirement, the City shall commence foreclosure proceedings against any parcel that is subject to any amount of delinquency. The City further covenants to diligently prosecute any such foreclosure action to judgment and foreclosure sale. Upon the redemption or sale of the real property responsible for such delinquencies, the City shall first deposit to the Reserve Fund the amount of any delinquency advanced therefrom and then disburse the remaining amount as set forth in the judgment of foreclosure or as required by law. (d) Books and Accounts. The City will cause the Trastee to keep proper books of record and accounts, separate from all other records and accounts of the City, in which complete and correct enfries shall be made of all transactions made by its Trastee hereunder. Such books of record and accounts shall at all times during business hours and upon reasonable prior notice be subject to the 28 DOCSOC/l 590432v8/022062-0032 inspection of the City or of the Owners of not less than ten percent (10%) of the principal amount of the Bonds then Outstanding or their representatives authorized m vsriting. (e) Tax Covenants. Notwithstanding any other provision of this Indenture, absent an opinion of Bond Counsel that the exclusion from gross income of interest on the Bonds will not be adversely affected for federal income tax purposes by reason of the City's failure to do so, the City covenants to comply with all applicable requirements of the Code, necessary to preserve such exclusion from gross income and specifically covenants, without limiting the generality of the foregoing, as follows: Private Activity. The City will not take or omit to take any action or make any use of the proceeds of the Bonds or of any other moneys or property which would cause the Bonds to be "private activity bonds" within the meaning of Section 141 of the Code. Arbitrage. The City will make no use of the proceeds of the Bonds or of any other amounts or property, regardless of the source, or take or omit to take any action which would cause the Bonds to be "arbitrage bonds" within the meaning of Section 148 of the Code. Federal Guarantee. The City will make no use of the proceeds of the Bonds or take or omit to take any action that would cause the Bonds to be "federally guaranteed" within the meaning of Section 149(b) ofthe Code. Information Reporting. The City will take or cause to be taken all necessary action to comply with the informational reporting requirement of Section 149(e) of the Code. Rebate Requirements. The City will take no action inconsistent with its expectations stated in the Tax Certificate and will comply with the covenants and requirements stated therein and incorporated by reference herein. Without limiting the generality of the foregoing, the City agrees that there shall be paid from time to time all amounts required to be rebated to the United States pursuant to Section 148(f) of the Code and any temporary, proposed or final Treasury Regulations as may be applicable to the Bonds from time to time. In particular, the City shall direct the Trastee to transfer to the Rebate Fund amounts sufficient to pay and shall instract the Trastee to pay to the United States Treasury any amounts required to be paid as set forth in Section 407 hereof. (f) Collection of the Adminisfrative Expense Requirements. The City covenants that it will collect annually an amount specified by the Treasurer to be the Adminisfrative Expense Requirement, which amount will be expressed as a percentage [or cash value] of the annual levy of Reassessment Installments, to pay for Adminisfrative Expenses. The Adminisfrative Expense Requirement so collected shall not exceed the amount specified in the Reassessment Report. Section 503. Continuing Disclosure. The City hereby covenants and agrees that it will comply with and carry out all the provisions of the Contmuing Disclosure Agreement. Notwithstanding any other provision of this Indenture, a failure of the City to comply with the Continuing Disclosure Agreement shall not be considered an event of default hereunder; provided that the Trastee may (and, at the written direction of any Participating Underwriter or the Beneficial to Owners of at least 25% aggregate principal amount of the Outstanding Bonds, and upon being indemnified to its reasonable satisfaction, shall) or any Beneficial Owner of Bonds may, take such actions as may be necessary and appropriate to compel such performance. 29 DOCSOC/l 590432v8/022062-0032 ARTICLE VI AMENDMENTS TO AGREEMENT Section 601. Amendments Not Requiring Bondowner Consent. The City may from time to time, and at any time, without notice to or consent of any of the Bondowners, adopt Supplements hereto for any of the following purposes: (a) to cure any ambiguity or to correct or supplement any provisions herein provided that such action shall not materially adversely affect the interests of the Beneficial Owners; (b) to add to the covenants and agreements of, and the limitations and the restrictions upon, the City contained in this Indenture, other covenants, agreements, limitations and restrictions to be observed by the City which are not contrary to or inconsistent with this Indenture as theretofore in effect; (c) to modify, amend or supplement this Indenture in such manner as to permit the qualification hereof under the Trast Indenture Act of 1939, as amended, or any similar federal statute hereafter in effect, and to add such other terms, conditions and provisions as may be permitted by said act or similar federal statute, and which shall not, materially adversely affect the interests of the Beneficial Owners; or (d) to modify, alter, amend or supplement this Indenture in any other respect which is not materially adverse to the Beneficial Owners. Section 602. Amendments Requiring Bondowner Consent. Exclusive of the Supplements described in Section 601, the Owners of not less than a majority in aggregate principal amount of the Bonds then Outstanding shall have the right to consent to and approve such Supplements as shall be deemed necessary or desirable by the City for the purpose of waiving, modifying, altering, amending, adding to or rescinding, in any particular, any of the terms or provisions contained in this Indenture; provided, however, that nothing herein shall permit, or be constraed as permitting, (a) an extension of the maturity date of the principal, or the payment date of any principal or interest on, any Bond, (b) a reduction in the principal amount of, or redemption premium on, any Bond or the rate of interest thereon, (c) a preference or priority of any Bond or Bonds over any other Bond or Bonds, or (d) a reduction in the aggregate principal amount of the Bonds the Owners of which are requfred to consent to such Supplement without the consent of the Owners of all the Bonds then Outstanding. If at any time the City shall desire to enter into a Supplement, which pursuant to the terms of this Section shall require the consent of the Bondowners, the City shall so notify the Trastee and shall deliver to the Trastee a copy of the proposed Supplement. The Trastee shall, at the expense of the City, cause notice of the proposed Supplement to be mailed, by first class mail postage prepaid, to all Bondowners and their addresses as they appear in the Bond Register. Such notice shall briefly set forth the nature of the proposed Supplement and shall state that a copy thereof is on file at the office of the Superintendent of Streets and the corporate trast office of the Trastee for inspection by all Bondowners. The failure of any Bondowners to receive such notice shall not affect the validity of such Supplement when consented to and approved by the Owners of not less than a majority in aggregate principal amount of the Bonds then Outstanding as required by this Section. Whenever at any time within one year after the date of the first mailing of such notice the Trustee shall receive an 30 DOCSOC/l 590432v8/022062-0032 instrament or instmments purporting to be executed by the Owners of not less than a majority in aggregate principal amount of the Bonds then Outstanding, which instrament or instraments shall refer to the proposed Supplement described in such notice, and shall specifically consent to and approve the Supplement substantially in the form of the copy referred to in such notice as on file with the Superintendent of Sfreets and the Trastee, such proposed Supplement, when duly executed by the City, shall thereafter become a part of the proceedings for the issuance of the Bonds. In determining whether the Owners of a majority of the aggregate principal amount of the Bonds have consented to the adoption of any Supplement, Bonds which are ovmed by the City or by any person directly or indirectly confrolling or confrolled by or under the direct or indirect common control with the City, shall be disregarded and shall be treated as though they were not Outstanding for the purpose of any such determination. Upon request, the City shall designate to the Trastee those Bonds disqualified by this Section. Upon the execution and delivery by the City and the Trastee of any Supplement and the receipt of consent to any such Supplement from the Owners of not less than a majority in aggregate principal amount of Bonds Outstanding in instances where such consent is required pursuant to the provisions of this Section, this Indenture shall be, and shall be deemed to be, modified and amended in accordance therewith, and the respective rights, duties and obligations under this Indenture of the City, the Trastee and all Owners of Bonds then Outstanding shall thereafter be determined, exercised and enforced hereunder, subject in all respects to such modifications and amendments. No Supplement pursuant to either Section 601 or this Section shall modify or amend any of the rights or obligations of the Trastee without its written consent thereto. The Trastee may request an opinion of counsel, at the expense of the City, that any such Supplement complies with the provisions of this Article and the Trastee may conclusively rely upon such opinion. Section 603. Notation of Bonds; Delivery of Amended Bonds. After the effective date of any action taken as hereinabove provided, the City may determine that the Bonds may bear a notation, by endorsement in form approved by the City, as to such action, and in that case upon demand of the Owner of any Bond Outstanding at such effective date and presentation of his Bond for the purpose at the office of the Trastee, a suitable notation as to such action shall be made on such Bonds. If the City shall so determine, new Bonds so modified as, in the opinion of the City, shall be necessary to conform to such action shall be prepared and executed, and in that case upon demand of the Owner of any Bond Outstanding at such effective date such new Bonds shall be exchanged at the office of the Trastee without cost to each Owner, for Bonds then Outstanding, upon surrender of such Outstanding Bonds. ARTICLE VII TRUSTEE Section 701. Trustee. The Bank of New York Mellon Trast Company, N.A. is hereby appointed Trastee for the City for the purpose of receiving all money which the City is required to deposit with the Trastee hereunder and to allocate, use and apply the same as provided in this Indenture. The Trastee is hereby authorized to and shall mail by first-class mail, postage prepaid, interest payments to the Bondovmers, select Bonds for redemption, and mauitain the Bond Register. The Trastee is hereby authorized to pay the principal of and premium, if any, on the Bonds when the 31 DOCSOC/l 590432v8/022062-0032 same are duly presented to it for payment at maturity or upon redemption, to provide for the regisfration of transfer and exchange of Bonds presented to it for such purposes, to provide for the cancellation of Bonds, and to provide for the authentication of Bonds, and shall perform all other duties assigned to or imposed on it as provided in this Indenture. The Trastee shall keep accurate records of all funds administered by it and all Bonds paid and discharged by it. The Trastee is hereby autihiorized to pay the Bonds when duly presented for payment at maturity, or on redemption prior to maturity. The Trastee shall cancel all Bonds upon payment thereof or upon the surrender thereof by the City pursuant to Section 1001 hereof The Trastee shall keep accurate records of all Bonds paid and discharged and canceled by it for six years or such longer period as required by applicable law or the policies of the Trastee. The Trastee shall supply information regarding investments made under Section 408 at the written request of the City including: (i) purchase date, (ii) purchase price, (iii) any accraed interest paid, (iv) face amount, (v) coupon rate, (vi) periodicity of interest payments, (vii) disposition price, (viii) any accraed interest, received, and (ix) disposition date. In the event a Nonpurpose Investment is subject to a receipt of bids, the City shall maintain a record of all information establishing fair market value on the date such investment became a Nonpurpose Investment. Such detailed record keeping is required for the calculation of the Rebate Requirement which shall be performed by the City and, in part, will require a determmation of the difference between the actual aggregate earnings of all Nonpurpose Investments and the amount of such eamings assuming a rate of retum equal to the Yield on the Bonds. The City shall from time to time, subject to any agreement between the City and the Trastee then in force, pay to the Trastee compensation for its services, reimburse the Trastee for all its advances and expenditures, including, but not limited to, advances to and fees and expenses of independent accountants, counsel, agents, receiver and engineers or other experts employed by it in the exercise and performance of its powers and duties hereunder, and indemnify, defend and save the Trastee harmless against any losses, costs, expenses or liabilities, including reasonable fees and expenses of its attomeys (including the allocated costs and disbursements of in-house counsel, to the extent such services are not redundant with those provided by outside counsel), not arising from its own negligence or willful misconduct which it may incur in the exercise and performance of its powers and duties hereunder, which indemnity shall survive discharge of the Bonds. Any bank or tmst company into which the Tmstee may be merged or converted or with which it may be consolidated or any bank or tmst company resulting from any merger, conversion or consolidation to which it shall be a party or any bank or trast company to which the Trastee may sell or transfer all or substantially all of its corporate trast business, provided such bank or trast company shall be eligible under Section 702, shall be the successor to such Trastee without the execution or filing of any paper or any fiirther act, anything herein to the contrary notwithstanding. Section 702. Removal of Trustee. The City may in the absence of an event of default at any time, in the exercise of its sole discretion, upon thirty (30) days prior written notice to the Trastee, remove the Trastee initially appointed, and any successor thereto, and may appoint a successor or successors thereto; provided that any such successor shall be a bank or trast company doing business and having a corporate trast office in Los Angeles or San Francisco, Califomia, having a combined capital (exclusive of borrowed capital and surplus) (or whose parent or holding company has a combined capital (exclusive of borrowed capital and surplus) of at least fiffy million dollars ($50,000,000), and subject to supervision or examination by federal or state authority. If such 32 DOCSOC/l 590432v8/022062-0032 bank or trast company publishes a report of condition at least annually, pursuant to law or to the requirements of any supervising or examining authority above referred to, then for the purposes of this section the combined capital and surplus shall be as set forth in its most recent report of condition so published. The City shall notify the Bondowners in writing of any such removal of the Trastee and appomtment of a successor thereto. Section 703. Resignation of Trustee. The Trastee may at any time resign by giving written notice to the City. Upon receiving such notice of resignation, the City shall promptly appoint a successor Trastee by an instrament in writing; provided, however, that in the event that the City does not appoint a successor Trastee within thirty (30) days following receipt of such notice of resignation, the resigning Trastee may petition an appropriate court having jurisdiction to appoint a successor Trastee. Any resignation or removal of the Trastee and appointment of a successor Trastee shall become effective only upon the written acceptance of appointment by the successor Trastee, and notice to the Bondowners of the Trastee's identity and address. Section 704. Liability of Trustee. The recitals of fact and all promises, covenants and agreements contained herein and in the bonds shall be taken as statements, promises, covenants and agreements ofthe City, and the Trastee assumes no responsibility for the correctness of the same and makes no representations as to the validity or sufficiency of this Indenture or of the Bonds or the tax status of the interest thereon, and shall incur no responsibility in respect thereof other than in connection with its duties or obligations herein or in the Bonds or in the certificate of authentication assigned to or imposed upon the Trastee. The Trastee shall have no duties or obligations other than as specifically set forth herein and no implied duties, covenants or obligations shall be read into this Indenture against the Trastee. The Trastee shall be under no responsibility or duty with respect to the issuance of the Bonds for value. The Trastee shall not be liable in connection with the performance of its duties hereunder, except for its own negligence or willful misconduct. The Trastee shall have no liability or obligation to the Bondowners with respect to the payment of debt service by the City or with respect to the observance or performance by the City of the other conditions, covenants and terms contained in this Indenture, or with respect to the investment of any moneys in any fimd or account established, held or maintained by the City pursuant to this Indenture or otherwise; provided however that the Trastee provide the Bondowners with notice of event of default hereunder. The Trastee shall be protected in acting upon any notice, resolution, request, consent, order, certificate, report, bond or other paper or documents believed by it to be genuine and to have been signed or presented by the proper party or parties. The Trastee may consult with counsel, who may be counsel to the City, at the expense of the City, with regard to legal questions, and the opinion or advice of such counsel shall be full and complete authorization and protection in respect of any action taken or suffered hereunder and in accordance therewith. The Trastee shall not be bound to recognize any person as the Ovmer of a Bond unless and until such Bond is submitted for inspection, if required, and his title thereto satisfactorily established, if disputed. Whenever in the adminisfration of its duties under this Indenture the Trastee shall deem it necessary or desirable that a matter be proved or established prior to taking or suffering any action hereunder, such matter (unless other evidence in respect thereof be herein specifically prescribed) may, in the absence of willfiil misconduct on the part of the Trastee, be deemed to be conclusively 33 DOCSOC/l 590432v8/022062-0032 proved and established by a written certificate of the City, and such certificate shall be fiill warrant to the Trastee for any action taken or suffered under the provisions of this Indenture upon the faith thereof, but in its discretion the Trastee may, in lieu thereof, accept other evidence of such matter or may require such additional evidence as to it may deem reasonable. The Trastee shall have no duty or obligations whatsoever to enforce the collection of Reassessments or other funds to be deposited with it hereunder, or as to the correctness of any amounts received, but its liability shall be limited to the proper accounting for such fiinds as it shall actually receive. The Trastee shall have no duty or obligation to monitor the City's compliance with the Act. No provision in this Indenture shall require the Trastee to expend or risk its own fiinds or otherwise incur any financial liability in the performance of any of its duties hereunder, or in the exercise of its rights or powers, if it shall have reasonable grounds for believing that repayment of such funds or adequate indemnity against such risk or liability is not reasonably assured to it. The Trastee shall be entitled to interest on all amounts advanced by it at the maximum rate permitted by law. The Trastee shall have no responsibility, opinion or liability with respect to any information, statement or recital in any official statement or other disclosure material prepared or distributed with respect to the issuance of the Bonds. All protections extended to the Trastee shall also extend to its officers, directors, employees and agents. The Trastee's rights to indemnification hereunder and to payment of its fees and expenses shall survive its resignation or removal and the final payment or defeasance of the Bonds. The Trastee makes no covenant, representation or warranty conceming the current or fiiture tax status of interest on the Bonds. The Trastee may become an Ovmer with the same rights it would have if it were not Trastee; may acquire and dispose of other bonds or evidence of indebtedness of the City with the same rights it would have if it were not the Trastee; and may act as a depository for and permit any of its officers or directors to act as a member of, or in any other capacity with respect to, any committee formed to protect the rights of Owners, whether or not such committee shall represent the Owners of the majority in principal amount of the Bonds then Outstanding. The Trastee may execute any of the trasts or powers hereof and perform the duties required of it hereunder by or through attomeys, agents, or receivers, shall not be responsible for the actions or omissions of such attomeys, agents or receivers if appointed by it with reasonable care, and shall be entitled to advice of counsel conceming all matters of tmst and its duty hereunder. The Trastee shall not be liable m connection with the performance of its duties hereunder, except for its own negligence or willfiil misconduct. The Trastee shall only perform those duties specifically set forth herein and no implied duties, covenants or obligations whatsoever shall be read into this Indenture. In the event of and during the continuance of an Event of Default, the Trastee shall exercise such care in performing its duties hereunder as a pradent person would exercise under the circumstances in the conduct of its own affairs. No action by the Trastee shall be constraed or deemed to expand the limitations on the scope of the Trastee's duties. The Trastee shall not be considered in breach of or in default in its obligations hereunder in the event of enforced delay ("unavoidable delay") in the performance of such obligations due to unforeseeable causes beyond its control and without its fault or negligence, including, but not limited to. Acts of God or of the public 34 DOCSOC/l 590432v8/022062-0032 enemy or terrorists, acts of govemment, acts of the other party, fires, floods, epidemics, quarantine restrictions, sfrikes, freight embargoes, earthquakes, explosion, mob violence, riot, inability to procure or general sabotage or rationmg of labor, equipment, facilities, sources of energy, material or supplies in the open market, litigation or arbifration involving a party or others relating to zoning or other govemmental action or inaction pertaining to the Assessment Districts, malicious mischief, condemnation, and unusually severe weather or delays of suppliers or subconfractors due to such causes or any similar event and/or occurrences beyond the control of the Trastee. In accepting the duties of the Trastee hereby created, the Trastee acts solely as Trastee for the Ovmers and not in its individual capacity, and all persons, including, without limitation, the Owners and the City, having any claun against the Trastee arising from this Indenture shall look only to the funds and accounts held by the Trastee hereunder for payment, except as otherwise provided herein or where the Trastee has breached its standard of care as described in this Section. Under no circumstances shall the Trastee be liable in its individual capacity for the obligations evidenced by the Bonds. The Trastee shall not be liable with respect to any action taken or omitted to be taken by it in good faith in accordance with the direction of the Owners of not less than a majority in aggregate principal amount of the Bonds at the time Outstanding, which such majority of the Ovmers may give, relating to the time, method and place of conducting any proceeding for any remedy available to the Trastee or in the exercise of any right hereunder. In the event of conflicting instractions hereunder, the Trastee shall have the right to decide the appropriate course of action and be protected in so doing. The Trastee shall have no responsibility or liability with respect to any information, statement or recital in any official statement, offering memorandum or any other disclosure material prepared or distributed in any respect relating to the Bonds. The Trastee shall not to be deemed to have knowledge of any Event of Default hereunder unless it has actual knowledge thereof at its Principal Office. Section 705. Interested Transactions. The Trastee and its officers and employees may acquire and hold Bonds with the same effect as if it were not Trastee. The Trastee, either as principal or agent, may engage in or be interested in any fmancial or other transaction with the City. Section 706. Agents. The Trastee may execute any of its trasts or powers or perform its duties through attomeys, agents or receivers and the Tmstee shall not be answerable for the default or misconduct of any such attomey, agent or receiver selected by it with reasonable care. ARTICLE VIH EVENTS OF DEFAULT; REMEDIES Section 801. Event of Default. Any one or more of the following events shall constitute an "event of default": (a) Default in the due and punctual payment of the principal of or redemption premium, if any, on any Bond when and as the same shall become due and payable, whether at maturity as therein expressed or from mandatory redemption; 35 DOCSOC/l 590432v8/022062-0032 (b) Default in the due and punctual payment of the interest on any Bond when and as the same shall become due and payable; or (c) Default by the City in the observance of any of the other agreements, conditions or covenants on its part m this Indenture or in the Bonds contained, and the continuation of such default for a period of thirty (30) days after the City shall have been given notice in writing of such default by the Trastee or any Owner, provided that if within thirty (30) days the City has commenced curing of the default and diligently pursues elimination thereof, such period shall be extended to permit such default to be eliminated. The Trastee shall provide notice to the Owners of the occurrence of an event of default after the Trastee has actual knowledge of such occurrence. Section 802. Remedies. Following the occurrence and during the continuance of an event of default, the Trastee may pursue any available remedy at law or in equity to enforce the provisions of this Indenture and to enforce any rights of the Trastee hereunder, including: (a) by mandamus or other suit or proceeding at law or in equity to enforce the rights of the Owners and/or of the Trastee against the City and any of the officers and employees of the City, and to compel the City or any such officers or employees to perform and carry out their duties under the Act and their agreements with the Owners and the Trastee as provided in this Indenture; (b) by suit in equity to enjoin any actions or things which are unlawful or violate the rights of the Owners and/or of the Trastee; or (c) by a suit in equity to requfre the City and its members, officers and employees to account as the trastee of an express trast. If an event of default shall have occurred and be continuing and if requested so to do by the Owners of at least twenty-five percent (25%)) in aggregate principal amount of Outstanding Bonds and if indemnified to its satisfaction, the Trastee shall be obligated to exercise such one or more of the rights and powers conferred by this Article, as the Trastee, being advised by counsel, shall deem most expedient in the interests of the Owners. No remedy herein conferred upon or reserved to the Trastee or to the Owners is intended to be exclusive of any other remedy. Every such remedy shall be cumulative and shall be in addition to every other remedy given hereunder or now or hereafter existing, at law or in equity or by statute or otherwise, and may be exercised without exhausting and without regard to any other remedy conferred by the Act or any other law. ARTICLE IX DEFEASANCE Section 901. Defeasance. If the City shall pay or cause to be paid, or there shall otherwise be paid, to the Owners of any Outstanding Bonds the interest due thereon and the principal thereof, at the times and in the manner stipulated therein and in this Indenture, then the Owners of such Bonds shall cease to be entitled to the pledge of Reassessments and other amounts hereunder, and all covenants, agreements and other obligations of the City to the Owners of such Bonds under this 36 DOCSOC/l 590432v8/022062-0032 Indenture shall thereupon cease, terminate and become void and be discharged and satisfied except for the City's covenant under Section 502(e) hereof In such event, the Trastee shall execute and deliver to the City all such instraments as may be desirable to evidence such discharge and satisfaction, and the Trastee shall pay over or deliver to the City after payment of any amounts due the Trastee hereunder all money or securities held by it pursuant to this Indenture which are not required for the payment of the interest due on, and the principal of, such Bonds. Any Outstanding Bond shall be deemed to have been paid within the meaning expressed in the first paragraph of this Section if such Bond is paid in any one or more of the following ways: (a) by paying or causing to be paid the principal of and interest with respect to such Bond, as and when the same become due and payable; (b) by depositing with the Trastee, in trast, at or before maturity, money which, together with the amounts then on deposit in the Reassessment Fund, the Reserve Fund and the Redemption Fund, is fiilly sufficient to pay the principal of, premium and interest on such Bond as and when the same shall become due and payable; or (c) by depositing with the Trastee, in trast. Federal Securities in such amount as an Independent Financial Consultant shall determine will, together with the interest to accrae thereon and moneys then on deposit in the Reassessment Fund, the Reserve Fund and the Redemption Fund which is available to pay such Bond, together with the interest to accrae thereon without fiirther investment, be fully sufficient to pay and discharge the principal of, premium, if any, and interest on such Bond as and when the same shall become due and payable; then, notwithstanding that such Bond shall not have been surrendered for payment, all obligations of the City under this Indenture with respect to such Bond shall cease and terminate, except for the obligation of the Trastee to pay or cause to be paid to the Owner of any Bond not so surrendered and paid, all sums due thereon from funds provided to it by the City and except for the City's covenant under Section 502(e) hereof. Any money or securities deposited with the Trastee to defease any Bond or Bonds shall be accompanied by a certificate of a certified public accountant confirming the accuracy of the calculations establishing the sufficiency of such deposit. Any fiinds held by the Trastee at the tune of payment or defeasance of all Outstandmg Bonds, which are not required for the purpose above mentioned, or for payment of amounts due the Trastee hereunder shall be paid over to the City. ARTICLE X MISCELLANEOUS Section 1001. Cancellation of Bonds. All Bonds surrendered to the Trastee for payment upon maturity or for redemption shall upon payment therefor, and any Bond purchased by the City as authorized herein shall be, cancelled forthwith and shall not be reissued. The Trastee shall destroy such Bonds as provided by law and fiimish to the City a certificate of destmction. Section 1002. Execution of Documents and Proof of Ownership. Any request, direction, consent, revocation of consent, or other instrament in writing required or permitted by this Indenture to be signed or executed by Bondovmers may be in any number of concurrent instraments of similar tenor, may be signed or executed by such Owners in person or by their attomeys appointed by an instrament in writing for that purpose, or by the commercial bank, trast company or other depository for such Bonds. Proof of the execution of any such instrument, or of any instrament appointing any 37 DOCSOC/l 590432v8/022062-0032 such attomey, and of the ownership of Bonds shall be sufficient for the purposes of this Indenture (except as otherwise herein provided), if made in the following manner: (a) The fact and date of the execution by any Owner or his or her attomey of any such instrament and of any instrament appomting any such attomey, may be proved by a signature guarantee of any commercial bank or trast company located withm the United States of America. Where any such instrament is executed by an officer of a corporation or association or a member of a partnership on behalf of such corporation, association or parttiership, such signature guarantee shall also constitute sufficient proof of his authority. (b) As to any Bond, the person in whose name the same shall be registered in the Bond Register shall be deemed and regarded as the absolute Owner thereof for all purposes, and payment of or on account of the principal of any such Bond, and the interest thereon, shall be made only to or upon the order of the registered Ovmer thereof or his or her legal representative. All such payments shall be valid and effectual to satisfy and discharge the liability upon such Bond and the interest thereon to the extent of the sum or sums to be paid. The Trastee shall not be affected by any notice to the contrary. Nothing contained in this Indenture shall be constraed as limiting the Trastee to such proof, it being intended that the Trastee may accept other evidence of the matters herein stated which the Trastee may deem sufficient. Any request or consent of the Owner of any Bond shall bind every fiiture Ovmer of the same Bond in respect of anything done or suffered to be done by the Trastee in pursuance of such request or consent. Section 1003. Unclaimed Moneys. Anything in this Indenture to the contrary notwithstanding, any money held by the Trastee in trast for the payment and discharge of any of the Bonds which remains unclaimed for one year after the Bonds become due and payable, if such money was held by the Trastee at such date, or for one year after the date of deposit of such money if deposited with the Trastee after said date when such Bonds become due and payable, shall be repaid by the Trastee to the City, as its absolute property and free from trast, and the Trastee shall thereupon be released and discharged with respect thereto and the Ovmers shall look only to the City for the payment of such Bonds; provided, however, that, before being required to make any such payment to the City, the Trastee shall, at the written request and the expense of the City, cause to be mailed to the registered Owners of such Bonds, at their addresses as they appear on the Bond Register, a notice that said money remains unclaimed and that, after a date named in said notice, which date shall not be less than thirty (30) days after the date of the mailing of such notice, the balance of such money then unclaimed will be returned to the City. Section 1004. Provisions Constitute Contract; Successors. The provisions of this Indenture shall constitute a confract between the City and the Bondowners and the provisions hereof shall be constraed in accordance with the laws of the State of Califomia. The City and the Trastee acknowledge and agree that the Bondholders are third party beneficiaries of this Indenture and shall be entitled to enforce the provisions of this Indenture against the City and the Trastee in the same manner as if the Bondholders were parties hereto. In case any suit, action or proceeding to enforce any right or exercise any remedy shall be brought or taken by the Trastee at the direction of the Bondovmers, and the Trastee shall prevail, the Trastee and such Bondowners shall be entitled to receive firom the Assessment Disfricts reimbursement for reasonable costs, expenses, outlays and attorneys' fees (including the allocated costs and disbursements of in-house counsel, to the extent such services are not redundant with those provided by outside counsel), and should said suit, action or proceeding be abandoned, or be 38 DOCSOC/l 590432v8/022062-0032 determined adversely to the Trastee, then the City, the Trastee and the Bondowners shall be restored to their former positions, rights and remedies as if such suit, action or proceeding had not been brought or taken. After the issuance and delivery of the Bonds this Indenture shall be irrepealable, but shall be subject to modifications to the extent and in the manner provided in this Indenture, but to no greater extent and in no other manner. This Indenture shall be binding upon the City and the Trastee and shall inure to the benefit of the City, the Trastee, the Bondholders, and thefr respective successors and assigns. Section 1005. Further Assurances; Incontestability. The City will adopt, make, execute and deliver any and all such fiirther resolutions, instraments and assurances as may be reasonably necessary or proper to carry out the intention or to facilitate the performance of this Indenture, and for the better assuring and confirming unto the Owners of the Bonds of the rights and benefits provided in this Indenture. After the sale and delivery of the Bonds by the City, the Bonds shall be incontestable by the City. Section 1006. Severability. If any covenant, agreement or provision, or any portion thereof, contained in this Indenture, or the application thereof to any person or circumstance, is held to be unconstitutional, invalid or unenforceable, the remainder of this Indenture and the application of any such covenant, agreement or provision, or portion thereof, to other persons or circumstances, shall be deemed severable and shall not be affected thereby, and this Indenture and the Bonds shall remain valid and the Bondowners shall retain all valid rights and benefits accorded to them under the laws of the State of Califomia. Section 1007. General Authorization. Authorized Representatives of the City are hereby respectively authorized to do and perform from time to time any and all acts and things consistent with this Indenture necessary or appropriate to carry the same into effect. Section 1008. Liberal Construction. This Indenture shall be liberally constraed to the end that its purpose may be effected. No error, irregularity, informality and no neglect or omission herein or in any proceeding had pursuant hereto which does not directly affect the jurisdiction of the City Council shall void or invalidate this Indenture or such proceeding or any part thereof, or any act or determination made pursuant thereto. Section 1009. Notice. Any notices required to be given to the City with respect to the Bonds for this Indenture shall be mailed, first class, or personally delivered to the Finance Director of the City at 1635 Faraday Avenue, Carisbad, CA 92008-7314; and all notices to the Trastee shall be mailed, first class, or personally delivered to the Tmstee at 700 South Flower Street, Suite 500, Los Angeles, CA 90017-4104 Attn: Corporate Tmst Department. Section 1010. Action on Next Business Day. If the date for making any payment or the last date for performance of any act or the exercising of any right, as provided in this Indenture, is not a Business Day, such payment, with no interest accming for the period from and after such nominal date, may be made or act performed or right exercised on the next succeeding Business Day with the same force and effect as if done on the nominal date provided therefore in this Indenture. 39 DOCSOC/l 590432v8/022062-0032 IN WITNESS WHEREOF, the City and the Trastee have executed this Indenture, effective the date first written above. THE CITY OF CARLSBAD ATTEST: City Clerk DOCSOC/l 590432v8/022062-0032 By: Its: Interim City Manager THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Trastee By: Its: Authorized Officer S-1 EXHIBIT A FORM OF BOND R- UNITED STATES OF AMERICA STATE OF CALIFORNIA COUNTY OF SAN DIEGO CITY OF CARLSBAD REASSESSMENT DISTRICT NO. 2012-1 LIMITED OBLIGATION REFUNDING BOND INTEREST RATE MATURITY DATE DATED DATE CUSIP % September 2, , 201_ REGISTERED OWNER: CEDE & CO. PRINCIPAL AMOUNT: Under and by virtue of the Refiindmg Act of 1984 for 1915 Improvement Act Bonds, (Division 11.5, commencing with Section 9500, of the Califomia Streets and Highways Code) (the "Acf) and Resolution No. (the "Resolution of Issuance") adopted by the City Council of the City of Carisbad (the "City") on the 8* day of January, 2013, the City will, out ofthe redemption fimd for the payment of the bonds issued upon the unpaid portion of reassessments more fully described in proceedings taken pursuant to Resolution No. (the "Resolution of Intention") adopted by the City Council of the City on the 8* day of January, 2013, pay to the registered owner stated above, on the maturity date stated above, the principal sum stated above in lawfiil money of the United States of America, all as provided for in a Indenture dated as of January 1, 2013 (the "Indenture"), by and between the Bank of New York Mellon Trast Company, N.A., as Trastee (the "Tmstee") and the City. In like manner, the City will pay interest on this bond from the Interest Payment Date (as defined below) next preceding the date on which this bond is authenticated, unless (i) its date of authentication is after the fifteenth day of the month preceding an Interest Payment Date (the "Record Date") and on or before the immediately succeeding Interest Payment Date, in which event the bond shall bear interest from such Interest Payment Date or (ii) its date of authentication is before the close of business on the first Record Date, in which event the bond shall bear interest from its date; provided, however, that if at the time of authentication of this bond, interest is in default, interest on this bond shall be payable from the last Interest Payment Date to which the interest has been paid or made available for payment. Such interest shall be payable on March 2 and September 2 of each year, commencing September 2, 2013 (each, an "Interest Payment Date"). Both the principal hereof and redemption premium hereon, if any, are payable at the principal corporate trast office of the Trastee, and the interest hereon is payable by check mailed by first class mail, postage prepaid, on the Interest Payment Date to the owner hereof at the owner's address as it appears on the records of the Trastee or at such address as may have been filed with the Trastee for A-1 DOCSOC/l 590432v8/022062-0032 that purpose, at the close of business on the applicable Record Date; provided, however, that at the written request of an owner of at least $1,000,000 in aggregate principal amount of bonds, filed with the Trastee prior to any Record Date, interest on such bonds will be paid to such owner on such succeeding Interest Payment Date by wire fransfer of immediately available fiinds to an account within the United States of America designated in such written request. This bond will continue to bear interest after maturity at the rate above stated provided it is presented at maturity and payment hereof is refused upon the sole ground that there are not sufficient moneys in said redemption fund with which to pay the same. If it is not presented at maturity, interest hereon will ran only until maturity. This bond is issued by the City under the Act and the Indenture for the purpose of providing means for refinancing the improvements described in the aforesaid proceedings; and it is secured by the moneys in the redemption fiind and by the unpaid portion of certain reassessments made for the payment of those improvements, and, includmg principal and interest, is payable exclusively out of said fimd. This bond, or any portion of the principal hereof, may be redeemed and paid in advance of maturity on any Interest Payment Date from and to the extent of the proceeds of prepayment of reassessments in the manner provided in Part 11.1 ofthe Act and as more particularly set forth in the Indenture at the following respective redemption prices (expressed as percentages of the principal amount of the Bonds to be redeemed), plus accraed interest thereon to the date of redemption: Redemption Dates Redemption Prices (a) This bonds is also subject to redemption prior to its stated maturity date on any Interest Payment Date on or after September 2, , from any source of fiinds other than prepayment of Reassessments, at the following respective redemption prices (expressed as percentages of the prmcipal amount of the Bonds to be redeemed), plus accraed interest thereon to the date of redemption: Redemption Dates Redemption Prices Bonds maturing on September 2, 20 shall be subject to mandatory sinking fund redemption prior to maturity in part, on September 2, , and on each September 2 thereafter, from sinking fimd payments in accordance with the schedule of sinking fimd payments set forth in the Indenture, at a redemption price equal to the principal amount of Bonds to be redeemed, together with accraed interest to the date of redemption, without premium. This bond is transferable by the registered owner hereof, in person or by the owner's attomey duly authorized in writing, at the office of the Trastee, subject to the terms and conditions provided in the Indenture, including the payment of certain charges, if any, upon surrender and cancellation of this bond. Upon such fransfer a new registered bond for the same aggregate principal amount, will be issued to the transferee in exchange herefor. A-2 DOCSOC/l 590432v8/022062-0032 The City and the Trastee may treat the owner hereof, as shown on the bond register kept by the Trastee, as the absolute ovmer for all purposes; and the City and the Trastee shall not be affected by any notice to the contrary. The Indenture is incorporated by reference herein and by acceptance hereof the registered ovmer assents to said terms and conditions. This bond is subject to refunding pursuant to the procedures of the Refunding Act of 1984 for 1915 Improvement Act Bonds. This bond shall not be entitled to any benefit under the Act or the Indenture or become valid or obligatory for any purpose, until the certificate of authentication and regisfration hereon endorsed shall have been manually signed by the Trastee. THE CITY HAS DECLARED AND DETERMINED IN THE RESOLUTION OF INTENTION THAT, PURSUANT TO SECTION 8769 OF THE IMPROVEMENT BOND ACT OF 1915, IT WILL NOT OBLIGATE ITSELF TO ADVANCE AVAILABLE FUNDS FROM THE CITY TREASURY TO CURE ANY DEFICIENCY WHICH MAY OCCUR IN THE REDEMPTION FUND. NEITHER THE FAITH AND CREDIT NOR THE TAXING POWER OF THE CITY OF CARLSBAD, THE COUNTY OF SAN DIEGO, THE STATE OF CALIFORNLA OR ANY POLITICAL SUBDIVISION THEREOF IS PLEDGED TO THE PAYMENT OF THE BONDS. THE BONDS ARE SPECIAL OBLIGATIONS OF THE CITY PAYABLE SOLELY FROM THE SOURCES DESCRIBED IN THE INDENTURE. A-3 DOCSOC/l 590432v8/022062-0032 TN WTTNESS WHEREOF, the City of Carlsbad has caused this bond to be signed in manual or facsimile form by the Treasurer of said City, attested to by the City Clerk of the City Council of said City, all as of the day of , 201_. THE CITY OF CARLSBAD City Treasurer ATTEST: City Clerk [FORM OF CERTIFICATE OF AUTHENTICATION] This is one of the bonds described in the within-mentioned Indenture, which bond has been authenticated and registered on , 201_. THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Trastee By: Authorized Signatory A-4 DOCSOC/l 590432v8/022062-0032 [FORM OF LEGAL OPINION] The attached is a trae copy of the opinion rendered by Stradling Yocca Carlson & Rauth, a Professional Corporation, Newport Beach, California, in connection witii the issuance of, and dated as of the date of the original delivery of, the Bonds. A signed copy is on file in my office. City Clerk ofthe City of Carisbad [FORM OF ASSIGNMENT] For value received the undersigned do(es) hereby sell, assign and transfer unto TAX LD. #: the within bond and do(es) hereby irrevocably constitute and appoint attomey to transfer the same on the register of the Trastee with full power of substitution in the premises. Date: SIGNATURE GUARANTEED: Signature(s) must be guaranteed by an eligible guarantor institution NOTE: The signature(s) to this Assignment must correspond with the name(s) as written on the face of the within bond in every particular, without alteration or enlargement or any change whatsoever and the signature(s) must be guaranteed by an eligible guarantor. A-5 DOCSOC/l 590432v8/022062-0032 1>NBS helping communities fund tomorrow City of Carlsbad City of Carlsbad Reassessment District No. 2012-1 Preliminary Reassessment Report December 4, 2012 Main Office 32605 Temecuia Parkway, Suite 100 Temecuia, CA 92592 Toll free: 800 676,7516 Fax: 951,296.1998 Regional Office 870 Market Street. Suite 1223 San Francisco, CA 94102 Toll free: 800,434,8349 Fax: 415,391.8439 TABLE OF CONTENTS REASSESSMENT 1 SOURCES AND USES OF FUNDS 3 DEBT SERVICE SCHEDULES 4 COMPARISON OF AUDITOR'S RECORDS 5 REASSESSMENT ROLL 8 NAMES AND ADDRESSES OF PROPERTY OWNERS 9 METHOD OF REASSESSMENT 10 MAXIMUM ANNUAL ADMINISTRATIVE ASSESSMENT 11 CERTIFICATIONS 12 REASSESSMENT DIAGRAM 13 REASSESSMENT WHEREAS, on , the City Council of the City of Cartsbad (the "City"), pursuant to the provisions of the Refunding Act of 1984 for 1915 Improvement Act Bonds (the "Act"), adopted Resolution No. (the "Resolution of Intention") declanng its intention to refund the outstanding bonds (the "Pnor Bonds") of Assessment Distnct No. 2002-01 (Poinsettia Lane East) and Assessment District No. 2003-01 (College Boulevard and Cannon Road East) Benefit Area No. 1 (Calaveras Hills II) (the "Assessment Distncts") and to levy reassessments on the property within the Assessment Distncts as security for the refunding bonds; WHEREAS, the Resolution of Intention directed the undersigned to make and file a report presenting a schedule setting forth the unpaid pnncipal and interest ofthe Pnor Bonds to be refunded and the total amounts thereof, the total estimated pnncipal amount of the reassessment and of the refunding bonds and the maximum interest thereon, together with an estimate of the cost of the reassessment and of issuing the refunding bonds, the auditor's record showing the schedule of pnncipal installments and interest on all unpaid onginal assessments and the total amounts thereof, the estimated amount of each reassessment, identified by reassessment number corresponding to the reassessment number of the reassessment diagram, together with a proposed auditor's record for the reassessment, and reassessment diagram showing the Assessment Districts and the boundaries and dimensions of the subdivisions of land within the Assessment Districts. Each subdivision, including separate condominium interest as defined in Section 783 of the Civil Code, shall be given a separate number upon the reassessment diagram to which reference is hereby made for further particulars; NOW THEREFORE, the undersigned by virtue of the authorization provided in the Resolution of Intention has prepared this report regarding the reassessment to be levied pursuant to the Act on property within the Assessment Distncts to accomplish the refunding of the Pnor Bonds and which will be security for the refunding bonds. The amounts to be paid for said refunding, together with the expenses incidental thereto, and the reassessment balance are set forth herein. And I do hereby reassess and apportion the total amount of the cost and expenses of said reassessment and refunding upon the several lots, pieces or parcels or portions of lots or subdivisions of land liable therefore and benefited thereby, and hereinafter numbered to correspond with the numbers upon the attached reassessment diagram, upon each thereof, severally and respectively, as more particularty set forth in the reassessment roll attached and by reference made a part hereof As required by the Act, a reassessment diagram hereto attached shows the Assessment Distncts and also the boundaries and dimensions ofthe respective subdivisions of land within the Assessment Distncts as the same existed at the time of the passage of the Resolution of Intention, each of which subdivisions having been given a separate number upon said reassessment diagram. Said reassessment is made upon the several subdivisions of land within the Assessment Distncts in proportion to the unpaid pnncipal amount of the onginal assessment recorded as a lien against each said subdivisions of land. The reassessment identification numbers set forth in the reassessment roll and elsewhere herein are the identifying numbers of the parcels of land within the Assessment Districts as they appear on the reassessment diagram. Each subdivision of land reassessed is descnbed in the reassessment roll by reference to its parcel number as shown on the Assessor's Maps of the County of San Diego for Fiscal Year 2012/13 and includes all such parcels. For a more particular descrtption of said property, reference is hereby made to the deeds and maps on file and of record in the office of the County Recorder of said County. City of Cartsbad Reassessment District No. 2012-1 Reassessment Report Prepared by NBS - December 4, 2012 Notice is hereby given that senal refunding bonds to represent unpaid reassessments and bear interest at the rate of not to exceed twelve percent (12%) per annum, will be issued thereunder in the manner provided by the Act, and the last installment of such refunding bonds shall mature not later than September 2, 2035. Dated as of Stephanie Parson, NBS City of Carisbad Reassessment District No. 2012-1 Reassessment Report Prepared by NBS - December 4, 2012 SOURCES AND USES OF FUNDS SOURCES: Bond Proceeds: Par Amount of Bonds Assessment District No. 2002-01 fPolnsettia Lane East) $23,100,000.00 Assessment District No. 2003-01 (College Boulevard and Cannon Road East) Benefit Area No. 1 (Calaveras Hills II) Total $9,743,000.00 $32,843,000.00 Other Sources of Funds Debt Service Reserve Fund December 10 Installments (est) Surplus Construction Funds Surplus Redemption Funds $2,498,392.80 966,150.00 4,462,000.00 812,294.68 $8,738,837.48 $1,200,420.87 378,000.00 0.00 127,488.01 $1,705,908.88 $3,698,813.67 1,344,150.00 4,462,000.00 939,782.69 $10,444,746.36 TOTAL SOURCES $31,838,837.48 $11,448,908.88 $43,287,746.36 USES: Refunding Escrow Deposits: Cash Deposit $29,345,946.25 $10,453,598.75 $39,799,545.00 Other Fund Deposits: Debt Service Reserve Fund 2,125,145.70 839,398.71 2,964,544.41 Delivery Date Expenses: Cost of Issuance Underwriter's Discount 158,252.90 207,900.00 66,747.10 87,687.00 225,000.00 295,587.00 Other Uses of Funds: Additional Proceeds 1,592.63 1,477.32 3,069.95 TOTAL USES $31,838,837.48 $11,448,908.88 $43,287,746.36 City of Carisbad Reassessment District No. 2012-1 Reassessment Report Prepared by NBS - December 4, 2012 DEBT SERVICE SCHEDULES City of Carisbad Reassessment District No. 2012-1 Reassessment Report Prepared by NBS - December 4, 2012 Assessment District No. 2002-01 (Poinsettia Lane East) Refunded Bonds Original Debt Service Schedule Payment Interest Semi-Annual Date Rate Principal Interest Payment Total 9/2/2013 4.100% $715,000.00 $718,339.38 $1,433,339.38 $1,433,339.38 3/2/2014 703,681.88 703,681.88 9/2/2014 4.250% 745,000.00 703,681.88 1,448,681.88 2,152,363.75 3/2/2015 687,850.63 687,850.63 9/2/2015 4.400% 775,000.00 687,850.63 1,462,850.63 2,150,701.25 3/2/2016 670,800.63 670,800.63 9/2/2016 4.500% 810,000.00 670,800.63 1,480,800.63 2,151,601.25 3/2/2017 652,575.63 652,575.63 9/2/2017 4.550% 845,000.00 652,575.63 1,497,575.63 2,150,151.25 3/2/2018 633,351.88 633,351.88 9/2/2018 4.650% 885,000.00 633,351.88 1,518,351.88 2,151,703.75 3/2/2019 612,775.63 612,775.63 9/2/2019 4.750% 925,000.00 612,775.63 1,537,775.63 2,150,551.25 3/2/2020 590,806.88 590,806.88 9/2/2020 4.850% 970,000.00 590,806.88 1,560,806.88 2,151,613.75 3/2/2021 567,284.38 567,284.38 9/2/2021 4.875% 1,015,000.00 567,284.38 1,582,284.38 2,149,568.75 3/2/2022 542,543.75 542,543.75 9/2/2022 5.000% 1,065,000.00 542,543.75 1,607,543.75 2,150,087.50 3/2/2023 515,918.75 515,918.75 9/2/2023 5.050% 1,120,000.00 515,918.75 1,635,918.75 2,151,837.50 3/2/2024 487,638.75 487,638.75 9/2/2024 5.050% 1,175,000.00 487,638.75 1,662,638.75 2,150,277.50 3/2/2025 457,970.00 457,970.00 9/2/2025 5.150% 1,235,000.00 457,970.00 1,692,970.00 2,150,940.00 3/2/2026 426,168.75 426,168.75 9/2/2026 5.150% 1,295,000.00 426,168.75 1,721,168.75 2,147,337.50 3/2/2027 392,822.50 392,822.50 9/2/2027 5.150% 1,365,000.00 392,822.50 1,757,822.50 2,150,645.00 3/2/2028 357,673.75 357,673.75 9/2/2028 5.150% 1,435,000.00 357,673.75 1,792,673.75 2,150,347.50 3/2/2029 320,722.50 320,722.50 9/2/2029 5.150% 1,510,000.00 320,722.50 1,830,722.50 2,151,445.00 3/2/2030 281,840.00 281,840.00 9/2/2030 5.200% 1,585,000.00 281,840.00 1,866,840.00 2,148,680.00 3/2/2031 240,630.00 240,630.00 9/2/2031 5.200% 1,670,000.00 240,630.00 1,910,630.00 2,151,260.00 3/2/2032 197,210.00 197,210.00 9/2/2032 5.200% 1,755,000.00 197,210.00 1,952,210.00 2,149,420.00 3/2/2033 151,580.00 151,580.00 9/2/2033 5.200% 1,845,000.00 151,580.00 1,996,580.00 2,148,160.00 3/2/2034 103,610.00 103,610.00 9/2/2034 5.200% 1,940,000.00 103,610.00 2,043,610.00 2,147,220.00 3/2/2035 53,170.00 53,170.00 9/2/2035 5.200% 2,045,000.00 53,170.00 2,098,170.00 2,151,340.00 Totals $28,725,000.00 $20,015,591.88 $48,740,591.88 $48,740,591.88 City of Carlsbad Reassessment District No. 2012-1 - City of Carlsbad Prepared by NBS - December 4, 2012 Assessment District No. 2002-01 (Poinsettia Lane East) Refunded Bonds Actual Debt Service Schedule Net of all Bond Calls Payment Interest Semi-Annual Date Rate Principal Interest Payment Total 9/2/2013 4.100% $715,000.00 $715,946.25 $1,430,946.25 $1,430,946.25 3/2/2014 701,288.75 701,288.75 9/2/2014 4.250% 745,000.00 701,288.75 1,446,288.75 2,147,577.50 3/2/2015 685,457.50 685,457.50 9/2/2015 4.400% 775,000.00 685,457.50 1,460,457.50 2,145,915.00 3/2/2016 668,407.50 668,407.50 9/2/2016 4.500% 810,000.00 668,407.50 1,478,407.50 2,146,815.00 3/2/2017 650,182.50 650,182.50 9/2/2017 4.550% 840,000.00 650,182.50 1,490,182.50 2,140,365.00 3/2/2018 631,072.50 631,072.50 9/2/2018 4.650% 880,000.00 631,072.50 1,511,072.50 2,142,145.00 3/2/2019 610,612.50 610,612.50 9/2/2019 4.750% 920,000.00 610,612.50 1,530,612.50 2,141,225.00 3/2/2020 588,762.50 588,762.50 9/2/2020 4.850% 965,000.00 588,762.50 1,553,762.50 2,142,525.00 3/2/2021 565,361.25 565,361.25 9/2/2021 4.875% 1,010,000.00 565,361.25 1,575,361.25 2,140,722.50 3/2/2022 540,742.50 540,742.50 9/2/2022 5.000% 1,060,000.00 540,742.50 1,600,742.50 2,141,485.00 3/2/2023 514,242.50 514,242.50 9/2/2023 5.050% 1,115,000.00 514,242.50 1,629,242.50 2,143,485.00 3/2/2024 486,088.75 486,088.75 9/2/2024 5.050% 1,170,000.00 486,088.75 1,656,088.75 2,142,177.50 3/2/2025 456,546.25 456,546.25 9/2/2025 5.150% 1,230,000.00 456,546.25 1,686,546.25 2,143,092.50 3/2/2026 424,873.75 424,873.75 9/2/2026 5.150% 1,290,000.00 424,873.75 1,714,873.75 2,139,747.50 3/2/2027 391,656.25 391,656.25 9/2/2027 5.150% 1,360,000.00 391,656.25 1,751,656.25 2,143,312.50 3/2/2028 356,636.25 356,636.25 9/2/2028 5.150% 1,430,000.00 356,636.25 1,786,636.25 2,143,272.50 3/2/2029 319,813.75 319,813.75 9/2/2029 5.150% 1,505,000.00 319,813.75 1,824,813.75 2,144,627.50 3/2/2030 281,060.00 281,060.00 9/2/2030 5.200% 1,580,000.00 281,060.00 1,861,060.00 2,142,120.00 3/2/2031 239,980.00 239,980.00 9/2/2031 5.200% 1,665,000.00 239,980.00 1,904,980.00 2,144,960.00 3/2/2032 196,690.00 196,690.00 9/2/2032 5.200% 1,750,000.00 196,690.00 1,946,690.00 2,143,380.00 3/2/2033 151,190.00 151,190.00 9/2/2033 5.200% 1,840,000.00 151,190.00 1,991,190.00 2,142,380.00 3/2/2034 103,350.00 103,350.00 9/2/2034 5.200% 1,935,000.00 103,350.00 2,038,350.00 2,141,700.00 3/2/2035 53,040.00 53,040.00 9/2/2035 5.200% 2,040,000.00 53,040.00 2,093,040.00 2,146,080.00 Totals $28,630,000.00 $19,950,056.25 $48,580,056.25 $48,580,056.25 City of Carlsbad Reassessment District No. 2012-1 - City of Carlsbad Prepared by NBS - December 4, 2012 Assessment District No. 2002-01 (Poinsettia Lane East) Refunded Parcel's Aggregate Amortization Schedule Payment Interest Semi-Annual Date Rate Principal Interest Payment Total 9/2/2013 4.100% $712,696.12 $716,024.74 $1,428,720.86 $1,428,720.86 3/2/2014 701,414.47 701,414.47 9/2/2014 4.250% 742,599.46 701,414.47 1,444,013.93 2,145,428.39 3/2/2015 685,634.23 685,634.23 9/2/2015 4.400% 772,502.79 685,634.23 1,458,137.02 2,143,771.25 3/2/2016 668,639.17 668,639.17 9/2/2016 4.500% 807,390.01 668,639.17 1,476,029.18 2,144,668.35 3/2/2017 650,472.89 650,472.89 9/2/2017 4.550% 842,277.24 650,472.89 1,492,750.13 2,143,223.02 3/2/2018 631,311.09 631,311.09 9/2/2018 4.650% 882,148.35 631,311.09 1,513,459.44 2,144,770.52 3/2/2019 610,801.14 610,801.14 9/2/2019 4.750% 922,019.46 610,801.14 1,532,820.60 2,143,621.74 3/2/2020 588,903.17 588,903.17 9/2/2020 4.850% 966,874.46 588,903.17 1,555,777.64 2,144,680.81 3/2/2021 565,456.47 565,456.47 9/2/2021 4.875% 1,011,729.46 565,456.47 1,577,185.93 2,142,642.40 3/2/2022 540,795.56 540,795.56 9/2/2022 5.000% 1,061,568.35 540,795.56 1,602,363.92 2,143,159.48 3/2/2023 514,256.35 514,256.35 9/2/2023 5.050% 1,116,391.13 514,256.35 1,630,647.49 2,144,903.84 3/2/2024 486,067.48 486,067.48 9/2/2024 5.050% 1,171,213.91 486,067.48 1,657,281.39 2,143,348.87 3/2/2025 456,494.33 456,494.33 9/2/2025 5.150% 1,231,020.58 456,494.33 1,687,514.91 2,144,009.23 3/2/2026 424,795.55 424,795.55 9/2/2026 5.150% 1,290,827.25 424,795.55 1,715,622.79 2,140,418.34 3/2/2027 391,556.75 391,556.75 9/2/2027 5.150% 1,360,601.69 391,556.75 1,752,158.44 2,143,715.18 3/2/2028 356,521.25 356,521.25 9/2/2028 5.150% 1,430,376.14 356,521.25 1,786,897.39 2,143,418.64 3/2/2029 319,689.07 319,689.07 9/2/2029 5.150% 1,505,134.47 319,689.07 1,824,823.54 2,144,512.61 3/2/2030 280,931.85 280,931.85 9/2/2030 5.200% 1,579,892.81 280,931.85 1,860,824.66 2,141,756.51 3/2/2031 239,854.64 239,854.64 9/2/2031 5.200% 1,664,618.92 239,854.64 1,904,473.56 2,144,328.20 3/2/2032 196,574.55 196,574.55 9/2/2032 5.200% 1,749,345.03 196,574.55 1,945,919.58 2,142,494.13 3/2/2033 151,091.58 151,091.58 9/2/2033 5.200% 1,839,055.03 151,091.58 1,990,146.61 2,141,238.19 3/2/2034 103,276.15 103,276.15 9/2/2034 5.200% 1,933,748.92 103,276.15 2,037,025.07 2,140,301.22 3/2/2035 52,998.68 52,998.68 9/2/2035 5.200% 2,038,410.59 52,998.68 2,091,409.27 2,144,407.94 Totals $28,632,442.19 $19,951,097.55 $48,583,539.74 $48,583,539.74 City ofCarlsbad Reassessment District No. 2012-1 - City ofCarlsbad Prepared by NBS - December 4, 2012 Assessment District No. 2002-01 (Poinsettia Lane East) Refunding Bonds Original Debt Service Schedule Payment Interest Semi-Annual Date Rate Principal Interest Payment Total 9/2/2013 2.112% $0.00 $604,937.88 $604,937.88 $604,937.88 3/2/2014 516,093.28 516,093.28 9/2/2014 2.112% 1,110,000 516,093.28 1,626,093.28 2,142,186.56 3/2/2015 504,374.00 504,374.00 9/2/2015 2.459% 695,000 504,374.00 1,199,374.00 1,703,747.99 3/2/2016 495,829.46 495,829.46 9/2/2016 2.809% 710,000 495,829.46 1,205,829.46 1,701,658.92 3/2/2017 485,858.07 485,858.07 9/2/2017 3.159% 725,000 485,858.07 1,210,858.07 1,696,716.14 3/2/2018 474,406.25 474,406.25 9/2/2018 3.359% 750,000 474,406.25 1,224,406.25 1,698,812.50 3/2/2019 461,810.65 461,810.65 9/2/2019 3.659% 775,000 461,810.65 1,236,810.65 1,698,621.29 3/2/2020 447,632.20 447,632.20 9/2/2020 3.909% 800,000 447,632.20 1,247,632.20 1,695,264.39 3/2/2021 431,996.71 431,996.71 9/2/2021 4.159% 830,000 431,996.71 1,261,996.71 1,693,993.41 3/2/2022 414,737.13 414,737.13 9/2/2022 4.359% 865,000 414,737.13 1,279,737.13 1,694,474.26 3/2/2023 395,884.44 395,884.44 9/2/2023 4.509% 905,000 395,884.44 1,300,884.44 1,696,768.88 3/2/2024 375,479.85 375,479.85 9/2/2024 4.559% 945,000 375,479.85 1,320,479.85 1,695,959.70 3/2/2025 353,938.08 353,938.08 9/2/2025 4.659% 990,000 353,938.08 1,343,938.08 1,697,876.15 3/2/2026 330,875.43 330,875.43 9/2/2026 4.759% 1,035,000 330,875.43 1,365,875.43 1,696,750.85 3/2/2027 306,246.49 306,246.49 9/2/2027 4.809% 1,085,000 306,246.49 1,391,246.49 1,697,492.97 3/2/2028 280,156.70 280,156.70 9/2/2028 4.859% 1,140,000 280,156.70 1,420,156.70 1,700,313.40 3/2/2029 252,460.07 252,460.07 9/2/2029 4.959% 1,195,000 252,460.07 1,447,460.07 1,699,920.14 3/2/2030 222,828.73 222,828.73 9/2/2030 5.009% 1,250,000 222,828.73 1,472,828.73 1,695,657.46 3/2/2031 191,521.67 191,521.67 9/2/2031 5.059% 1,315,000 191,521.67 1,506,521.67 1,698,043.33 3/2/2032 158,259.61 158,259.61 9/2/2032 5.209% 1,380,000 158,259.61 1,538,259.61 1,696,519.22 3/2/2033 122,318.06 122,318.06 9/2/2033 5.309% 1,455,000 122,318.06 1,577,318.06 1,699,636.11 3/2/2034 83,693.34 83,693.34 9/2/2034 5.309% 1,530,000 83,693.34 1,613,693.34 1,697,386.68 3/2/2035 43,078.33 43,078.33 9/2/2035 5.335% 1,615,000 43,078.33 1,658,078.33 1,701,156.66 Totals $23,100,000.00 $15,303,894.89 $38,403,894.89 $38,403,894.89 City of Carlsbad Reassessment District No. 2012-1 - City of Carlsbad Prepared by NBS - December 4, 2012 Assessment District No. 2002-01 (Poinsettia Lane East) Comparison of Refunded Parcel's Aggregate Amortization Schedule and Refunding Bonds Payment Refunded Parcel Aggregate Refunding Bonds Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $712,696.12 $716,024.74 $0.00 $604,937.88 $712,696.12 $111,086.86 $823,782.98 3/2/2014 701,414.47 516,093.28 185,321.19 9/2/2014 742,599.46 701,414.47 1,110,000.00 516,093.28 (367,400.54) 185,321.19 3,241.83 3/2/2015 685,634.23 504,374.00 181,260.23 9/2/2015 772,502.79 685,634.23 695,000.00 504,374.00 77,502.79 181,260.23 440,023.26 3/2/2016 668,639.17 495,829.46 172,809.71 9/2/2016 807,390.01 668,639.17 710,000.00 495,829.46 97,390.01 172,809.71 443,009.43 3/2/2017 650,472.89 485,858.07 164,614.82 9/2/2017 842,277.24 650,472.89 725,000.00 485,858.07 117,277.24 164,614.82 446,506.88 3/2/2018 631,311.09 474,406.25 156,904.84 9/2/2018 882,148.35 631,311.09 750,000.00 474,406.25 132,148.35 156,904.84 445,958.02 3/2/2019 610,801.14 461,810.65 148,990.49 9/2/2019 922,019.46 610,801.14 775,000.00 461,810.65 147,019.46 148,990.49 445,000.45 3/2/2020 588,903.17 447,632.20 141,270.98 9/2/2020 966,874.46 588,903.17 800,000.00 447,632.20 166,874.46 141,270.98 449,416.42 3/2/2021 565,456.47 431,996.71 133,459.76 9/2/2021 1,011,729.46 565,456.47 830,000.00 431,996.71 181,729.46 133,459.76 448,648.99 3/2/2022 540,795.56 414,737.13 126,058.43 9/2/2022 1,061,568.35 540,795.56 865,000.00 414,737.13 196,568.35 126,058.43 448,685.22 3/2/2023 514,256.35 395,884.44 118,371.91 9/2/2023 1,116,391.13 514,256.35 905,000.00 395,884.44 211,391.13 118,371.91 448,134.96 3/2/2024 486,067.48 375,479.85 110,587.63 9/2/2024 1,171,213.91 486,067.48 945,000.00 375,479.85 226,213.91 110,587.63 447,389.17 3/2/2025 456,494.33 353,938.08 102,556.25 9/2/2025 1,231,020.58 456,494.33 990,000.00 353,938.08 241,020.58 102,556.25 446,133.08 3/2/2026 424,795.55 330,875.43 93,920.12 9/2/2026 1,290,827.25 424,795.55 1,035,000.00 330,875.43 255,827.25 93,920.12 443,667.49 3/2/2027 391,556.75 306,246.49 85,310.26 9/2/2027 1,360,601.69 391,556.75 1,085,000.00 306,246.49 275,601.69 85,310.26 446,222.21 3/2/2028 356,521.25 280,156.70 76,364.55 9/2/2028 1,430,376.14 356,521.25 1,140,000.00 280,156.70 290,376.14 76,364.55 443,105.24 3/2/2029 319,689.07 252,460.07 67,229.00 9/2/2029 1,505,134.47 319,689.07 1,195,000.00 252,460.07 310,134.47 67,229.00 444,592.47 3/2/2030 280,931.85 222,828.73 58,103.12 9/2/2030 1,579,892.81 280,931.85 1,250,000.00 222,828.73 329,892.81 58,103.12 446,099.05 3/2/2031 239,854.64 191,521.67 48,332.98 9/2/2031 1,664,618.92 239,854.64 1,315,000.00 191,521.67 349,618.92 48,332.98 446,284.87 3/2/2032 196,574.55 158,259.61 38,314.94 9/2/2032 1,749,345.03 196,574.55 1,380,000.00 158,259.61 369,345.03 38,314.94 445,974.91 3/2/2033 151,091.58 122,318.06 28,773.52 9/2/2033 1,839,055.03 151,091.58 1,455,000.00 122,318.06 384,055.03 28,773.52 441,602.08 3/2/2034 103,276.15 83,693.34 19,582.81 9/2/2034 1,933,748.92 103,276.15 1,530,000.00 83,693.34 403,748.92 19,582.81 442,914.54 3/2/2035 52,998.68 43,078.33 9,920.35 9/2/2032 2,038,410.59 52,998.68 1,615,000.00 43,078.33 423,410.59 9,920.35 443,251.28 Totals $28,632,442.19 $19,951,097.55 $23,100,000.00 $15,303,894.89 $5,532,442.19 $4,647,202.66 $10,179,644.85 City of Carlsbad Reassessment District No. 2012-1 - City of Carlsbad Prepared by NBS - December 4, 2012 Assessment District No. 2003-01 (College Boulevard and Cannon Road East) Benefit Area No. 1 (Calaveras Hills II) Refunded Bonds Original Debt Service Schedule Payment Interest Semi-Annual Date Rate Principal Interest Payment Total 9/2/2013 5.150% $240,000.00 $298,898.75 $538,898.75 $538,898.75 3/2/2014 292,718.75 292,718.75 9/2/2014 5.300% 255,000.00 292,718.75 547,718.75 840,437.50 3/2/2015 285,961.25 285,961.25 9/2/2015 5.400% 270,000.00 285,961.25 555,961.25 841,922.50 3/2/2016 278,671.25 278,671.25 9/2/2016 5.500% 285,000.00 278,671.25 563,671.25 842,342.50 3/2/2017 270,833.75 270,833.75 9/2/2017 5.600% 300,000.00 270,833.75 570,833.75 841,667.50 3/2/2018 262,433.75 262,433.75 9/2/2018 5.650% 315,000.00 262,433.75 577,433.75 839,867.50 3/2/2019 253,535.00 253,535.00 9/2/2019 5.700% 335,000.00 253,535.00 588,535.00 842,070.00 3/2/2020 243,987.50 243,987.50 9/2/2020 5.750% 350,000.00 243,987.50 593,987.50 837,975.00 3/2/2021 233,925.00 233,925.00 9/2/2021 5.950% 370,000.00 233,925.00 603,925.00 837,850.00 3/2/2022 222,917.50 222,917.50 9/2/2022 5.950% 395,000.00 222,917.50 617,917.50 840,835.00 3/2/2023 211,166.25 211,166.25 9/2/2023 5.950% 420,000.00 211,166.25 631,166.25 842,332.50 3/2/2024 198,671.25 198,671.25 9/2/2024 5.950% 445,000.00 198,671.25 643,671.25 842,342.50 3/2/2025 185,432.50 185,432.50 9/2/2025 5.950% 470,000.00 185,432.50 655,432.50 840,865.00 3/2/2026 171,450.00 171,450.00 9/2/2026 6.000% 495,000.00 171,450.00 666,450.00 837,900.00 3/2/2027 156,600.00 156,600.00 9/2/2027 6.000% 525,000.00 156,600.00 681,600.00 838,200.00 3/2/2028 140,850.00 140,850.00 9/2/2028 6.000% 560,000.00 140,850.00 700,850.00 841,700.00 3/2/2029 124,050.00 124,050.00 9/2/2029 6.000% 590,000.00 124,050.00 714,050.00 838,100.00 3/2/2030 106,350.00 106,350.00 9/2/2030 6.000% 630,000.00 106,350.00 736,350.00 842,700.00 3/2/2031 87,450.00 87,450.00 9/2/2031 6.000% 665,000.00 87,450.00 752,450.00 839,900.00 3/2/2032 67,500.00 67,500.00 9/2/2032 6.000% 705,000.00 67,500.00 772,500.00 840,000.00 3/2/2033 46,350.00 46,350.00 9/2/2033 6.000% 750,000.00 46,350.00 796,350.00 842,700.00 3/2/2034 23,850.00 23,850.00 9/2/2034 6.000% 795,000.00 23,850.00 818,850.00 842,700.00 Totals $10,165,000.00 $8,028,306.25 $18,193,306.25 $18,193,306.25 City OfCarlsbad Reassessment District No. 2012-1 - City ofCarlsbad Prepared by NBS - December 4, 2012 Assessment District No. 2003-01 (College Boulevard and Cannon Road East) Benefit Area No. 1 (Calaveras Hills II) Refunded Bonds Actual Debt Service Schedule Net of all Bond Calls Payment Interest Semi-Annual Date Rate Principal Interest Payment Total 9/2/2013 5.150% $240,000.00 $298,598.75 $538,598.75 $538,598.75 3/2/2014 •292,418.75 292,418.75 9/2/2014 5.300% 255,000.00 292,418.75 547,418.75 839,837.50 3/2/2015 285,661.25 285,661.25 9/2/2015 5.400% 270,000.00 285,661.25 555,661.25 841,322.50 3/2/2016 278,371.25 278,371.25 9/2/2016 5.500% 285,000.00 278,371.25 563,371.25 841,742.50 3/2/2017 270,533.75 270,533.75 9/2/2017 5.600% 300,000.00 270,533.75 570,533.75 841,067.50 3/2/2018 262,133.75 262,133.75 9/2/2018 5.650% 315,000.00 262,133.75 577,133.75 839,267.50 3/2/2019 253,235.00 253,235.00 9/2/2019 5.700% 335,000.00 253,235.00 588,235.00 841,470.00 3/2/2020 243,687.50 243,687.50 9/2/2020 5.750% 350,000.00 243,687.50 593,687.50 837,375.00 3/2/2021 233,625.00 233,625.00 9/2/2021 5.950% 370,000.00 233,625.00 603,625.00 837,250.00 3/2/2022 222,617.50 222,617.50 9/2/2022 5.950% 395,000.00 222,617.50 617,617.50 840,235.00 3/2/2023 210,866.25 210,866.25 9/2/2023 5.950% 420,000.00 210,866.25 630,866.25 841,732.50 3/2/2024 198,371.25 198,371.25 9/2/2024 5.950% 445,000.00 198,371.25 643,371.25 841,742.50 3/2/2025 185,132.50 185,132.50 9/2/2025 5.950% 470,000.00 185,132.50 655,132.50 840,265.00 3/2/2026 171,150.00 171,150.00 9/2/2026 6.000% 495,000.00 171,150.00 666,150.00 837,300.00 3/2/2027 156,300.00 156,300.00 9/2/2027 6.000% 525,000.00 156,300.00 681,300.00 837,600.00 3/2/2028 140,550.00 140,550.00 9/2/2028 6.000% 560,000.00 140,550.00 700,550.00 841,100.00 3/2/2029 123,750.00 123,750.00 9/2/2029 6.000% 590,000.00 123,750.00 713,750.00 837,500.00 3/2/2030 106,050.00 106,050.00 9/2/2030 6.000% 630,000.00 106,050.00 736,050.00 842,100.00 3/2/2031 87,150.00 87,150.00 9/2/2031 6.000% 665,000.00 87,150.00 752,150.00 839,300.00 3/2/2032 67,200.00 67,200.00 9/2/2032 6.000% 705,000.00 67,200.00 772,200.00 839,400.00 3/2/2033 46,050.00 46,050.00 9/2/2033 6.000% 745,000.00 46,050.00 791,050.00 837,100.00 3/2/2034 23,700.00 23,700.00 9/2/2034 6.000% 790,000.00 23,700.00 813,700.00 837,400.00 Totals $10,155,000.00 $8,015,706.25 $18,170,706.25 $18,170,706.25 City of Carlsbad Reassessment District No. 2012-1 - City of Carlsbad Prepared by NBS - December 4, 2012 Assessment District No. 2003-01 (College Boulevard and Cannon Road East) Benefit Area No. 1 (Calaveras Hills II) Refunded Parcel's Aggregate Amortization Schedule Payment Interest Semi-Annual Date Rate Principal Interest Payment Total 9/2/2013 5.150% $239,720.72 $298,550.93 $538,271.65 $538,271.65 3/2/2014 292,378.12 292,378.12 9/2/2014 5.300% 254,703.27 292,378.12 547,081.39 839,459.52 3/2/2015 285,628.49 285,628.49 839,459.52 9/2/2015 5.400% 269,685.81 285,628.49 555,314.30 840,942.79 3/2/2016 278,346.97 278,346.97 840,942.79 9/2/2016 5.500% 284,668.36 278,346.97 563,015.33 841,362.30 3/2/2017 270,518.59 270,518.59 841,362.30 9/2/2017 5.600% 299,650.90 270,518.59 570,169.49 840,688.08 3/2/2018 262,128.37 262,128.37 840,688.08 9/2/2018 5.650% 314,633.45 262,128.37 576,761.81 838,890.18 3/2/2019 253,239.97 253,239.97 838,890.18 9/2/2019 5.700% 334,610.17 253,239.97 587,850.14 841,090.12 3/2/2020 243,703.58 243,703.58 9/2/2020 5.750% 349,592.72 243,703.58 593,296.30 836,999.88 3/2/2021 233,652.79 233,652.79 836,999.88 9/2/2021 5.950% 369,569.45 233,652.79 603,222.24 836,875.03 3/2/2022 222,658.10 222,658.10 9/2/2022 5.950% 394,540.35 222,658.10 617,198.45 839,856.55 3/2/2023 210,920.52 210,920.52 839,856.55 9/2/2023 5.950% 419,511.26 210,920.52 630,431.79 841,352.31 3/2/2024 198,440.06 198,440.06 841,352.31 9/2/2024 5.950% 444,482.17 198,440.06 642,922.24 841,362.30 3/2/2025 185,216.72 185,216.72 841,362.30 9/2/2025 5.950% 469,453.08 185,216.72 654,669.80 839,886.52 3/2/2026 171,250.49 171,250.49 839,886.52 9/2/2026 6.000% 494,423.99 171,250.49 665,674.48 836,924.97 3/2/2027 156,417.77 156,417.77 9/2/2027 6.000% 524,389.08 156,417.77 680,806.85 837,224.62 3/2/2028 140,686.10 140,686.10 9/2/2028 6.000% 559,348.35 140,686.10 700,034.45 840,720.55 3/2/2029 123,905.65 123,905.65 9/2/2029 6.000% 589,313.44 123,905.65 713,219.09 837,124.74 3/2/2030 106,226.24 106,226.24 9/2/2030 6.000% 629,266.89 106,226.24 735,493.14 841,719.38 3/2/2031 87,348.24 87,348.24 9/2/2031 6.000% 664,226.17 87,348.24 751,574.40 838,922.64 3/2/2032 67,421.45 67,421.45 838,922.64 9/2/2032 6.000% 704,179.62 67,421.45 771,601.07 839,022.53 3/2/2033 46,296.06 46,296.06 839,022.53 9/2/2033 6.000% 749,127.25 46,296.06 795,423.32 841,719.38 3/2/2034 23,822.25 23,822.25 841,719.38 9/2/2034 6.000% 794,074.89 23,822.25 817,897.14 841,719.38 Totals $10,153,171.39 $8,018,964.03 $18,172,135.41 $18,172,135.41 City of Carlsbad Reassessment District No. 2012-1 - City of Carlsbad Prepared by NBS - December 4, 2012 Assessment District No. 2003-01 (College Boulevard and Cannon Road East) Benefit Area No. 1 (Calaveras Hills II) Refunding Bonds Original Debt Service Schedule Payment Interest Semi-Annual Date Rate Principal Interest Payment Total 9/2/2013 2.111% $0.00 $252,833.56 $252,833.56 $252,833.56 3/2/2014 215,699.36 215,699.36 9/2/2014 2.111% 408,000.00 215,699.36 623,699.36 839,398.71 3/2/2015 211,393.77 211,393.77 9/2/2015 2.459% 315,000.00 211,393.77 526,393.77 737,787.53 3/2/2016 207,521.19 207,521.19 9/2/2016 2.809% 325,000.00 207,521.19 532,521.19 740,042.37 3/2/2017 202,956.96 202,956.96 9/2/2017 3.159% 335,000.00 202,956.96 537,956.96 740,913.91 3/2/2018 197,665.35 197,665.35 9/2/2018 3.359% 345,000.00 197,665.35 542,665.35 740,330.70 3/2/2019 191,871.30 191,871.30 9/2/2019 3.659% 355,000.00 191,871.30 546,871.30 738,742.59 3/2/2020 185,376.57 185,376.57 9/2/2020 3.909% 365,000.00 185,376.57 550,376.57 735,753.14 3/2/2021 178,242.96 178,242.96 9/2/2021 4.159% 380,000.00 178,242.96 558,242.96 736,485.91 3/2/2022 170,341.22 170,341.22 9/2/2022 4.359% 400,000.00 170,341.22 570,341.22 740,682.44 3/2/2023 161,623.00 161,623.00 9/2/2023 4.509% 415,000.00 161,623.00 576,623.00 738,245.99 3/2/2024 152,266.30 152,266.30 9/2/2024 4.559% 435,000.00 152,266.30 587,266.30 739,532.60 3/2/2025 142,350.20 142,350.20 9/2/2025 4.659% 455,000.00 142,350.20 597,350.20 739,700,40 3/2/2026 131,750.66 131,750.66 9/2/2026 4.759% 475,000.00 131,750.66 606,750.66 738,501.31 3/2/2027 120,447.32 120,447.32 9/2/2027 4.809% 495,000.00 120,447.32 615,447.32 735,894.64 3/2/2028 108,544.94 108,544.94 9/2/2028 4.859% 525,000.00 108,544.94 633,544.94 742,089.88 3/2/2029 95,789.55 95,789.55 9/2/2029 4.959% 545,000.00 95,789.55 640,789.55 736,579.09 3/2/2030 82,276.01 82,276.01 9/2/2030 5.009% 575,000.00 82,276.01 657,276.01 739,552.02 3/2/2031 67,874.42 67,874.42 9/2/2031 5.059% 600,000.00 67,874.42 667,874.42 735,748.83 3/2/2032 52,697.84 52,697.84 9/2/2032 5.209% 630,000.00 52,697.84 682,697.84 735,395.68 3/2/2033 36,289.80 36,289.80 9/2/2033 5.309% 665,000.00 36,289.80 701,289.80 737,579.59 3/2/2034 18,636.63 18,636.63 9/2/2034 5.325% 700,000.00 18,636.63 718,636.63 737,273.25 Totals $9,743,000.00 $6,116,064.14 $15,859,064.14 $15,859,064.14 City of Carlsbad Reassessment District No. 2012-1 - City of Carlsbad Prepared by NBS - December 4, 2012 Assessment District No. 2003-01 (College Boulevard and Cannon Road East) Benefit Area No. 1 (Calaveras Hills II) Comparison of Refunded Parcel's Aggregate Amortization Schedule and Refunding Bonds Payment Refunded Parcel Aggregate Refunding Bonds Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $239,720.72 $298,550.93 $0.00 $252,833.56 $239,720.72 $45,717.37 $285,438.09 3/2/2014 292,378.12 215,699.36 76,678.77 9/2/2014 254,703.27 292,378.12 408,000.00 215,699.36 (153,296.73) 76,678.77 60.81 3/2/2015 285,628.49 211,393.77 (153,296.73) 74,234.72 9/2/2015 269,685.81 285,628.49 315,000.00 211,393.77 (45,314.19) 74,234.72 103,155.26 3/2/2016 278,346.97 207,521.19 (45,314.19) 70,825.79 9/2/2016 284,668.36 278,346.97 325,000.00 207,521.19 (40,331.64) 70,825.79 101,319.93 3/2/2017 270,518.59 202,956.96 (40,331.64) 67,561.64 9/2/2017 299,650.90 270,518.59 335,000.00 202,956.96 (35,349.10) 67,561.64 99,774.17 3/2/2018 262,128.37 197,665.35 (35,349.10) 64,463.02 9/2/2018 314,633.45 262,128.37 345,000.00 197,665.35 (30,366.55) 64,463.02 98,559.48 3/2/2019 253,239.97 191,871.30 (30,366.55) 61,368.68 98,559.48 9/2/2019 334,610.17 253,239.97 355,000.00 191,871.30 (20,389.83) 61,368.68 102,347.53 3/2/2020 243,703.58 185,376.57 (20,389.83) 58,327.01 102,347.53 9/2/2020 349,592.72 243,703.58 365,000.00 185,376.57 (15,407.28) 58,327.01 101,246.74 3/2/2021 233,652.79 178,242.96 (15,407.28) 55,409.84 101,246.74 9/2/2021 369,569.45 233,652.79 380,000.00 178,242.96 (10,430.55) 55,409.84 100,389.12 3/2/2022 222,658.10 170,341.22 (10,430.55) 52,316.88 100,389.12 9/2/2022 394,540.35 222,658.10 400,000.00 170,341.22 (5,459.65) 52,316.88 99,174.11 3/2/2023 210,920.52 161,623.00 (5,459.65) 49,297.53 99,174.11 9/2/2023 419,511.26 210,920.52 415,000.00 161,623.00 4,511.26 49,297.53 103,106.32 3/2/2024 198,440.06 152,266.30 46,173.76 103,106.32 9/2/2024 444,482.17 198,440.06 435,000.00 152,266.30 9,482.17 46,173.76 101,829.70 3/2/2025 185,216.72 142,350.20 42,866.52 101,829.70 9/2/2025 469,453.08 185,216.72 455,000.00 142,350.20 14,453.08 42,866.52 100,186.12 3/2/2026 171,250.49 131,750.66 39,499.84 100,186.12 9/2/2026 494,423.99 171,250.49 475,000.00 131,750.66 19,423.99 39,499.84 98,423.66 3/2/2027 156,417.77 120,447.32 35,970.45 98,423.66 9/2/2027 524,389.08 156,417.77 495,000.00 120,447.32 29,389.08 35,970.45 101,329.98 3/2/2028 140,686.10 108,544.94 32,141.16 9/2/2028 559,348.35 140,686.10 525,000.00 108,544.94 34,348.35 32,141.16 98,630.67 3/2/2029 123,905.65 95,789.55 28,116.10 98,630.67 9/2/2029 589,313.44 123,905.65 545,000.00 95,789.55 44,313.44 28,116.10 100,545.65 3/2/2030 106,226.24 82,276.01 23,950.23 100,545.65 9/2/2030 629,266.89 106,226.24 575,000.00 82,276.01 54,266.89 23,950.23 102,167.36 3/2/2031 87,348.24 67,874.42 19,473.82 102,167.36 9/2/2031 664,226.17 87,348.24 600,000.00 67,874.42 64,226.17 19,473.82 103,173.81 3/2/2032 67,421.45 52,697.84 14,723.61 103,173.81 9/2/2032 704,179.62 67,421.45 630,000.00 52,697.84 74,179.62 14,723.61 103,626.85 3/2/2033 46,296.06 36,289.80 10,006.27 103,626.85 9/2/2033 749,127.25 46,296.06 665,000.00 36,289.80 84,127.25 10,006.27 104,139.79 3/2/2034 23,822.25 18,636.63 5,185.62 104,139.79 9/2/2034 794,074.89 23,822.25 700,000.00 18,636.63 94,074.89 5,185.62 104,446.13 Totals 1 $10,153,171.39 $8,018,964.03 $9,743,000.00 $6,116,064.14 $410,171.39 $1,902,899.89 $2,313,071.27 City of Carlsbad Reassessment District No. 2012-1 - City of Carlsbad Prepared by NBS - December 4, 2012 COI\/IPARISON OF AUDITOR'S RECORDS The tables on the following pages provide a list of unique reassessments for each of the Assessment Distncts. Please refer to the Reassessment Roll for a specific parcel's reassessment amount. The Auditor's Records for each unique reassessment amount are provided on the following pages. City of Cartsbad Reassessment District No. 2012-1 Reassessment Report Prepared by NBS - December 4, 2012 Assessment District No. 2002-01 (Poinsettia Lane East): Parcel Reassessment Parcel Reassessment Parcel Reassessment Count Amount Count Amount Count Amount 1 $3,888.21 1 $9,714.84 1 $30,634.93 2 5,268.43 1 9,907.61 1 30,987.98 1 5,695.84 1 9,910.58 1 31,714.92 3 5,701.78 1 10,005.56 1 31,818.77 1 5,882.83 1 10,222.24 1 32,074.93 1 6,411.16 10,225.19 1 33,715.05 1 6,437.87 1 10,228.17 1 34,089.55 1 6,440.84 1 10,290.49 1 35,129.27 2 6,526.92 1 10,311.27 1 41,611.44 1 7,221.15 1 10,438.91 1 45,265.91 1 7,362.61 1 10,646.68 1 51,329.46 3 7,446.50 1 10,922.71 1 55,311.91 1 7,446.51 1 11,195.78 1 58,019.12 21 7,446.52 1 11,308.58 1 64,147.63 43 7,446.53 1 11,417.13 1 65,337.29 17 7,446.54 1 11,485.00 1 68,976.37 1 7,446.60 1 11,613.28 1 69,437.95 1 7,687.45 1 12,046.86 1 76,623.88 1 7,696.35 1 12,046.87 1 89,238.31 1 8,141.58 12,171.87 1 90,413.05 1 8,161.20 1 12,187.11 1 91,581.55 1 8,393.86 1 12,193.07 1 94,904.03 1 8,500.71 1 12,207.91 1 119,252.48 1 8,515.94 1 12,734.37 1 122,009.50 2 8,566.01 1 12,754.04 1 127,544.56 1 8,574.92 1 13,009.31 1 131,002.18 3 8,631.31 1 13,167.97 1 135,006.45 1 8,700.37 1 13,174.23 1 143,257.85 37 8,700.45 1 13,207.02 144,155.21 1 8,770.81 1 13,332.02 1 147,069.11 1 8,775.69 1 14,300.44 1 157,226.17 106 8,775.93 497 15,501.23 1 157,504.64 4 8,858.70 1 17,543.13 1 166,369.90 225 8,858.71 1 17,746.09 1 171,833.83 1 8,874.69 1 18,226.56 1 184,492.01 1 9,023.10 25 19,793.64 1 185,506.34 1 9,236.81 1 20,363.77 1 187,031.29 2 9,296.18 1 21,541.30 1 229,323.18 160 9,361.50 1 23,351.77 1 234,078.86 157 9,361.51 1 25,129.32 1 256,681.50 1 9,361.69 1 25,432.17 1 276,891.44 1 9,361.75 1 25,440.00 1 318,573.44 1 9,400.05 1 25,452.94 1 338,967.15 1 9,425.77 1 27,387.95 1 376,159.47 1 9,480.19 1 27,907.20 1 484,864.21 1 9,542.53 1 28,762.19 1 720,297.20 1 9,631.57 2 29,349.37 720,297.20 1 9,640.49 1 30,087.99 City of Carisbad Reassessment District No. 2012-1 Reassessment Report Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $3,888.21 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $119.96 $120.52 $0.00 $101.82 $119.96 $18.70 $138.66 3/2/2014 118.06 86.87 31.19 9/2/2014 124.99 118.06 186.84 86.87 (61.85) 31.19 0.53 3/2/2015 115.41 84.90 30.51 9/2/2015 130.03 115.41 116.98 84.90 13.05 30.51 74.07 3/2/2016 112.55 83.46 29.09 9/2/2016 135.90 112.55 119.51 83.46 16.39 29.09 74.57 3/2/2017 109.49 81.78 27.71 9/2/2017 141.77 109.49 122.03 81.78 19.74 27.71 75.16 3/2/2018 106.26 79.85 26.41 9/2/2018 148.48 106.26 126.24 79.85 22.24 26.41 75.06 3/2/2019 102.81 77.73 25.08 9/2/2019 155.19 102.81 130.45 77.73 24.74 25.08 74.90 3/2/2020 99.12 75.35 23.77 9/2/2020 162.74 99.12 134.66 75.35 28.08 23.77 75.62 3/2/2021 95.18 72.71 22.47 9/2/2021 170.29 95.18 139.71 72.71 30.58 22.47 75.52 3/2/2022 91.03 69.81 21.22 9/2/2022 178.68 91.03 145.60 69.81 33.08 21.22 75.52 3/2/2023 86.56 66.64 19.92 9/2/2023 187.91 86.56 152.33 66.64 35.58 19.92 75.42 3/2/2024 81.82 63.20 18.62 9/2/2024 197.14 81.82 159.06 63.20 38.08 18.62 75.32 3/2/2025 76.84 59.58 17.26 9/2/2025 207.21 76.84 166.64 59.58 40.57 17.26 75.09 3/2/2026 71.50 55.69 15.81 9/2/2026 217.27 71.50 174.21 55.69 43.06 15.81 74.68 3/2/2027 65.91 51.55 14.36 9/2/2027 229.02 65.91 182.63 51.55 46.39 14.36 75.11 3/2/2028 60.01 47.16 12.85 9/2/2028 240.76 60.01 191.89 47.16 48.87 12.85 74.57 3/2/2029 53.81 42.49 11.32 9/2/2029 253.35 53.81 201.14 42.49 52.21 11.32 74.85 3/2/2030 47.29 37.51 9.78 9/2/2030 265.93 47.29 210.40 37.51 55.53 9.78 75.09 3/2/2031 40.37 32.24 8.13 9/2/2031 280.19 40.37 221.34 32.24 58.85 8.13 75.11 3/2/2032 33.09 26.64 6.45 9/2/2032 294.45 33.09 232.28 26.64 62.17 6.45 75.07 3/2/2033 25.43 20.59 4.84 9/2/2033 309.55 25.43 244.91 20.59 64.64 4.84 74.32 3/2/2034 17.38 14.09 3.29 9/2/2034 325.49 17.38 257.53 14.09 67.96 3.29 74.54 3/2/2035 8.92 7.25 1.67 9/2/2035 343.11 8.92 271.84 7.25 71.27 1.67 74.61 Totals $4,819.41 $3,358.20 $3,888.21 $2,576.00 $931.19 $782.20 $1,713.39 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $5,268.43 Parcel Count with Same Reassessment: 2 Payment Date Refunded Amortization Pnncipal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $162.55 $163.30 $0.00 $137.97 $162.55 $25.33 $187.88 3/2/2014 159.97 117.71 42.26 9/2/2014 169.37 159.97 253.16 117.71 (83.79) 42.26 0.73 3/2/2015 156.37 115.03 (83.79) 41.34 9/2/2015 176.19 156.37 158.51 115.03 17.68 41.34 100.36 3/2/2016 152.50 113.08 39.42 9/2/2016 184.14 152.50 161.93 113.08 22.21 39.42 101.05 3/2/2017 148.35 110.81 37.54 9/2/2017 192.10 148.35 165.35 110.81 26.75 37.54 101.83 3/2/2018 143.98 108.20 35.78 9/2/2018 201.19 143.98 171.05 108.20 30.14 35.78 101.70 3/2/2019 139.31 105.33 33.98 9/2/2019 210.29 139.31 176.75 105.33 33.54 33.98 101.50 3/2/2020 134.31 102.09 32.22 9/2/2020 220.52 134.31 182.46 102.09 38.06 32.22 102.50 3/2/2021 128.96 98.53 30.43 9/2/2021 230.75 128.96 189.30 98.53 41.45 30.43 102.31 3/2/2022 123.34 94.59 28.75 9/2/2022 242.11 123.34 197.28 94.59 44.83 28.75 102.33 3/2/2023 117.29 90.29 27.00 9/2/2023 254.62 117.29 206.40 90.29 48.22 27.00 102.22 3/2/2024 110.86 85.64 25.22 9/2/2024 267.12 110.86 215.53 85.64 51.59 25.22 102.03 3/2/2025 104.11 80.72 23.39 9/2/2025 280.76 104.11 225.79 80.72 54.97 23.39 101.75 3/2/2026 96.88 75.46 21.42 9/2/2026 294.40 96.88 236.05 75.46 58.35 21.42 101.19 3/2/2027 89.30 69.85 19.45 9/2/2027 310.31 89.30 247.46 69.85 62.85 19.45 101.75 3/2/2028 81.31 63.90 17.41 9/2/2028 326.23 81.31 260.00 63.90 66.23 17.41 101.05 3/2/2029 72.91 57.58 15.33 9/2/2029 343.28 72.91 272.54 57.58 70.74 15.33 101.40 3/2/2030 64.07 50.82 13.25 9/2/2030 360.33 64.07 285.09 50.82 75.24 13.25 101.74 3/2/2031 54.70 43.68 11.02 9/2/2031 379.65 54.70 299.91 43.68 79.74 11.02 101.78 3/2/2032 44.83 36.09 8.74 9/2/2032 398.97 44.83 314.74 36.09 84.23 8.74 101.71 3/2/2033 34.46 27.90 6.56 9/2/2033 419.43 34.46 331.84 27.90 87.59 6.56 100.71 3/2/2034 23.55 19.09 4.46 9/2/2034 441.03 23.55 348.95 19.09 92.08 4.46 101.00 3/2/2035 12.09 9.82 2.27 9/2/2035 464.90 12.09 368.33 9.82 96.57 2.27 101.11 Totals $6,530.24 $4,550.20 $5,268.43 $3,490.39 $1,261.82 $1,059.81 $2,321.63 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $5,695.84 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $175.73 $176.55 $0.00 $149.16 $175.73 $27.39 $203.12 3/2/2014 172.95 127.25 45.70 9/2/2014 183.11 172.95 273.70 127.25 (90.59) 45.70 0.81 3/2/2015 169.06 124.37 44.69 9/2/2015 190.48 169.06 171.37 124.37 19.11 44.69 108.49 3/2/2016 164.87 122.26 42.61 9/2/2016 199.08 164.87 175.07 122.26 24.01 42.61 109.23 3/2/2017 160.39 119.80 40.59 9/2/2017 207.68 160.39 178.77 119.80 28.91 40.59 110.09 3/2/2018 155.66 116.98 38.68 9/2/2018 217.51 155.66 184.93 116.98 32.58 38.68 109.94 3/2/2019 150.61 113.87 36.74 9/2/2019 227.35 150.61 191.09 113.87 36.26 36.74 109.74 3/2/2020 145.21 110.37 34.84 9/2/2020 238.41 145.21 197.26 110.37 41.15 34.84 110.83 3/2/2021 139.43 106.52 32.91 9/2/2021 249.47 139.43 204.66 106.52 44.81 32.91 110.63 3/2/2022 133.35 102.26 31.09 9/2/2022 261.75 133.35 213.29 102.26 48.46 31.09 110.64 3/2/2023 126.80 97.61 29.19 9/2/2023 275.27 126.80 223.15 97.61 52.12 29.19 110.50 3/2/2024 119.85 92.58 27.27 9/2/2024 288.79 119.85 233.01 92.58 55.78 27.27 110.32 3/2/2025 112.56 87.27 25.29 9/2/2025 303.54 112.56 244.11 87.27 59.43 25.29 110.01 3/2/2026 104.74 81.58 23.16 9/2/2026 318.28 104.74 255.20 81.58 63.08 23.16 109.40 3/2/2027 96.55 75.51 21.04 9/2/2027 335.49 96.55 267.53 75.51 67.96 21.04 110.04 3/2/2028 87.91 69.08 18.83 9/2/2028 352.69 87.91 281.09 69.08 71.60 18.83 109.26 3/2/2029 78.83 62.25 16.58 9/2/2029 371.13 78.83 294.65 62.25 76.48 16.58 109.64 3/2/2030 69.27 54.94 14.33 9/2/2030 389.56 69.27 308.22 54.94 81.34 14.33 110.00 3/2/2031 59.14 47.22 11.92 9/2/2031 410.45 59.14 324.24 47.22 86.21 11.92 110.05 3/2/2032 48.47 39.02 9.45 9/2/2032 431.34 48.47 340.27 39.02 91.07 9.45 109.97 3/2/2033 37.26 30.16 7.10 9/2/2033 453.46 37.26 358.76 30.16 94.70 7.10 108.90 3/2/2034 25.47 20.64 4.83 9/2/2034 476.81 25.47 377.26 20.64 99.55 4.83 109.21 3/2/2035 13.07 10.62 2.45 9/2/2035 502.62 13.07 398.22 10.62 104.40 2.45 109.30 Totals $7,060.00 $4,919.45 $5,695.84 $3,773.48 $1,364.15 $1,145.97 $2,510.12 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $5,701.78 Parcel Count with Same Reassessment: 3 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $175.92 $176.74 $0.00 $149.32 $175.92 $27.42 $203.34 3/2/2014 173.13 127.39 45.74 9/2/2014 183.30 173.13 273.98 127.39 (90.68) 45.74 0.80 3/2/2015 169.24 124.49 44.75 9/2/2015 190.68 169.24 171.55 124.49 19.13 44.75 108.63 3/2/2016 165.04 122.39 42.65 9/2/2016 199.29 165.04 175.25 122.39 24.04 42.65 109.34 3/2/2017 160.56 119.92 40.64 9/2/2017 207.90 160.56 178.95 119.92 28.95 40.64 110.23 3/2/2018 155.83 117.10 38.73 9/2/2018 217.74 155.83 185.12 117.10 32.62 38.73 110.08 3/2/2019 150.76 113.99 36.77 9/2/2019 227.58 150.76 191.29 113.99 36.29 36.77 109.83 3/2/2020 145.36 110.49 34.87 9/2/2020 238.65 145.36 197.46 110.49 41.19 34.87 110.93 3/2/2021 139.57 106.63 32.94 9/2/2021 249.73 139.57 204.87 106.63 44.86 32.94 110.74 3/2/2022 133.48 102.37 31.11 9/2/2022 262.03 133.48 213.51 102.37 48.52 31.11 110.74 3/2/2023 126.93 97.72 29.21 9/2/2023 275.56 126.93 223.38 97.72 52.18 29.21 110.60 3/2/2024 119.98 92.68 27.30 9/2/2024 289.09 119.98 233.25 92.68 55.84 27.30 110.44 3/2/2025 112.68 87.36 25.32 9/2/2025 303.85 112.68 244.36 87.36 59.49 25.32 110.13 3/2/2026 104.85 81.67 23.18 9/2/2026 318.62 104.85 255.47 81.67 63.15 23.18 109.51 3/2/2027 96.65 75.59 21.06 9/2/2027 335.84 96.65 267.81 75.59 68.03 21.06 110.15 3/2/2028 88.00 69.15 18.85 9/2/2028 353.06 88.00 281.39 69.15 71.67 18.85 109.37 3/2/2029 78.91 62.31 16.60 9/2/2029 371.51 78.91 294.96 62.31 76.55 16.60 109.75 3/2/2030 69.34 55.00 14.34 9/2/2030 389.97 69.34 308.54 55.00 81.43 14.34 110.11 3/2/2031 59.20 47.27 11.93 9/2/2031 410.88 59.20 324.58 47.27 86.30 11.93 110.16 3/2/2032 48.52 39.06 9.46 9/2/2032 431.79 48.52 340.63 39.06 91.16 9.46 110.08 3/2/2033 37.29 30.19 7.10 9/2/2033 453.93 37.29 359.14 30.19 94.79 7.10 108.99 3/2/2034 25.49 20.66 4.83 9/2/2034 477.31 25.49 377.65 20.66 99.66 4.83 109.32 3/2/2035 13.08 10.63 2.45 9/2/2035 503.14 13.08 398.63 10.63 104.51 2.45 109.41 Totals $7,067.37 $4,924.52 $5,701.78 $3,777.44 $1,365.60 $1,147.08 $2,512.68 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $5,882.83 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $181.50 $182.35 $0.00 $154.06 $181.50 $28.29 $209.79 3/2/2014 178.63 131.43 47.20 9/2/2014 189.12 178.63 282.68 131.43 (93.56) 47.20 0.84 3/2/2015 174.61 128.45 46.16 9/2/2015 196.73 174.61 176.99 128.45 19.74 46.16 112.06 3/2/2016 170.28 126.27 44.01 9/2/2016 205.62 170.28 180.81 126.27 24.81 44.01 112.83 3/2/2017 165.65 123.73 41.92 9/2/2017 214.50 165.65 184.63 123.73 29.87 41.92 113.71 3/2/2018 160.77 120.82 39.95 9/2/2018 224.65 160.77 191.00 120.82 33.65 39.95 113.55 3/2/2019 155.55 117.61 37.94 9/2/2019 234.81 155.55 197.37 117.61 37.44 37.94 113.32 3/2/2020 149.97 114.00 35.97 9/2/2020 246.23 149.97 203.73 114.00 42.50 35.97 114.44 3/2/2021 144.00 110.02 33.98 9/2/2021 257.65 144.00 211.37 110.02 46.28 33.98 114.24 3/2/2022 137.72 105.62 32.10 9/2/2022 270.35 137.72 220.29 105.62 50.06 32.10 114.26 3/2/2023 130.96 100.82 30.14 9/2/2023 284.31 130.96 230.47 100.82 53.84 30.14 114.12 3/2/2024 123.79 95.62 28.17 9/2/2024 298.27 123.79 240.66 95.62 57.61 28.17 113.95 3/2/2025 116.25 90.14 26.11 9/2/2025 313.50 116.25 252.12 90.14 61.38 26.11 113.60 3/2/2026 108.18 84.26 23.92 9/2/2026 328.73 108.18 263.58 84.26 65.15 23.92 112.99 3/2/2027 99.72 77.99 21.73 9/2/2027 346.50 99.72 276.31 77.99 70.19 21.73 113.65 3/2/2028 90.79 71.35 19.44 9/2/2028 364.27 90.79 290.32 71.35 73.95 19.44 112.83 3/2/2029 81.41 64.29 17.12 9/2/2029 383.31 81.41 304.33 64.29 78.98 17.12 113.22 3/2/2030 71.54 56.75 14.79 9/2/2030 402.35 71.54 318.33 56.75 84.02 14.79 113.60 3/2/2031 61.08 48.77 12.31 9/2/2031 423.92 61.08 334.89 48.77 89.03 12.31 113.65 3/2/2032 50.06 40.30 9.76 9/2/2032 445.50 50.06 351.44 40.30 94.06 9.76 113.58 3/2/2033 38.48 31.15 7.33 9/2/2033 468.35 38.48 370.54 31.15 97.81 7.33 112.47 3/2/2034 26.30 21.31 4.99 9/2/2034 492.46 26.30 389.64 21.31 102.82 4.99 112.80 3/2/2035 13.50 10.97 2.53 9/2/2035 519.12 13.50 411.29 10.97 107.83 2.53 112.89 Totals $7,291.75 $5,080.83 $5,882.83 $3,897.40 $1,408.96 $1,183.43 $2,592.39 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison of the Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $6,411.16 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $197.80 $198.73 $0.00 $167.89 $197.80 $30.84 $228.64 3/2/2014 194.67 143.24 51.43 9/2/2014 206.10 194.67 308.07 143.24 (101.97) 51.43 0.89 3/2/2015 190.29 139.98 (101.97) 50.31 9/2/2015 214.40 190.29 192.89 139.98 21.51 50.31 122.13 3/2/2016 185.57 137.61 47.96 9/2/2016 224.08 185.57 197.05 137.61 27.03 47.96 122.95 3/2/2017 180.53 134.84 45.69 9/2/2017 233.77 180.53 201.22 134.84 32.55 45.69 123.93 3/2/2018 175.21 131.67 43.54 9/2/2018 244.83 175.21 208.15 131.67 36.68 43.54 123.76 3/2/2019 169.52 128.17 41.35 9/2/2019 255.90 169.52 215.09 128.17 40.81 41.35 123.51 3/2/2020 163.44 124.24 39.20 9/2/2020 268.35 163.44 222.03 124.24 46.32 39.20 124.72 3/2/2021 156.94 119.90 37.04 9/2/2021 280.79 156.94 230.36 119.90 50.43 37.04 124.51 3/2/2022 150.09 115.11 34.98 9/2/2022 294.63 150.09 240.07 115.11 54.56 34.98 124.52 3/2/2023 142.73 109.87 32.86 9/2/2023 309.84 142.73 251.17 109.87 58.67 32.86 124.39 3/2/2024 134.90 104.21 30.69 9/2/2024 325.06 134.90 262.27 104.21 62.79 30.69 124.17 3/2/2025 126.70 98.23 28.47 9/2/2025 341.66 126.70 274.76 98.23 66.90 28.47 123.84 3/2/2026 117.90 91.83 26.07 9/2/2026 358.26 117.90 287.25 91.83 71.01 26.07 123.15 3/2/2027 108.67 85.00 23.67 9/2/2027 377.62 108.67 301.13 85.00 76.49 23.67 123.83 3/2/2028 98.95 77.75 21.20 9/2/2028 396.99 98.95 316.39 77.75 80.60 21.20 123.00 3/2/2029 88.73 70.07 18.66 9/2/2029 417.73 88.73 331.66 70.07 86.07 18.66 123.39 3/2/2030 77.97 61.84 16.13 9/2/2030 438.48 77.97 346.92 61.84 91.56 16.13 123.82 3/2/2031 66.57 53.15 13.42 9/2/2031 462.00 66.57 364.96 53.15 97.04 13.42 123.88 3/2/2032 54.56 43.92 10.64 9/2/2032 485.51 54.56 383.00 43.92 102.51 10.64 123.79 3/2/2033 41.93 33.95 7.98 9/2/2033 510.41 41.93 403.82 33.95 106.59 7.98 122.55 3/2/2034 28.66 23.23 5.43 9/2/2034 536.69 28.66 424.64 23.23 112.05 5.43 122.91 3/2/2035 14.71 11.96 2.75 9/2/2035 565.74 14.71 448.23 11.96 117.51 2.75 123.01 Totals $7,946.64 $5,537.21 $6,411.16 $4,247.43 $1,535.51 $1,289.78 $2,825.29 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison of the Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $6,437.87 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $198.63 $199.55 $0.00 $168.59 $198.63 $30.96 $229.59 3/2/2014 195.48 143.83 51.65 9/2/2014 206.96 195.48 309.35 143.83 (102.39) 51.65 0.91 3/2/2015 191.08 140.57 50.51 9/2/2015 215.29 191.08 193.69 140.57 21.60 50.51 122.62 3/2/2016 186.35 138.19 48.16 9/2/2016 225.02 186.35 197.87 138.19 27.15 48.16 123.47 3/2/2017 181.28 135.41 45.87 9/2/2017 234.74 181.28 202.05 135.41 32.69 45.87 124.43 3/2/2018 175.94 132.22 43.72 9/2/2018 245.85 175.94 209.02 132.22 36.83 43.72 124.27 3/2/2019 170.23 128.70 41.53 9/2/2019 256.96 170.23 215.99 128.70 40.97 41.53 124.03 3/2/2020 164.12 124.75 39.37 9/2/2020 269.46 164.12 222.96 124.75 46.50 39.37 125.24 3/2/2021 157.59 120.40 37.19 9/2/2021 281.96 157.59 231.32 120.40 50.64 37.19 125.02 3/2/2022 150.72 115.59 35.13 9/2/2022 295.85 150.72 241.07 115.59 54.78 35.13 125.04 3/2/2023 143.32 110.33 32.99 9/2/2023 311.13 143.32 252.22 110.33 58.91 32.99 124.89 3/2/2024 135.46 104.64 30.82 9/2/2024 326.41 135.46 263.37 104.64 63.04 30.82 124.68 3/2/2025 127.22 98.64 28.58 9/2/2025 343.08 127.22 275.91 98.64 67.17 28.58 124.33 3/2/2026 118.39 92.21 26.18 9/2/2026 359.75 118.39 288.45 92.21 71.30 26.18 123.66 3/2/2027 109.13 85.35 23.78 9/2/2027 379.19 109.13 302.38 85.35 76.81 23.78 124.37 3/2/2028 99.36 78.08 21.28 9/2/2028 398.64 99.36 317.71 78.08 80.93 21.28 123.49 3/2/2029 89.10 70.36 18.74 9/2/2029 419.47 89.10 333.04 70.36 86.43 18.74 123.91 3/2/2030 78.29 62.10 16.19 9/2/2030 440.31 78.29 348.37 62.10 91.94 16.19 124.32 3/2/2031 66.85 53.38 13.47 9/2/2031 463.92 66.85 366.48 53.38 97.44 13.47 124.38 3/2/2032 54.78 44.11 10.67 9/2/2032 487.54 54.78 384.60 44.11 102.94 10.67 124.28 3/2/2033 42.11 34.09 8.02 9/2/2033 512.54 42.11 405.50 34.09 107.04 8.02 123.08 3/2/2034 28.78 23.32 5.46 9/2/2034 538.93 28.78 426.40 23.32 112.53 5.46 123.45 3/2/2035 14.77 12.01 2.76 9/2/2035 568.10 14.77 450.09 12.01 118.01 2.76 123.53 Totals $7,979.73 $5,560.25 $6,437.87 $4,265.15 $1,541.89 $1,295.10 $2,836.99 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $6,440.84 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $198.72 $199.65 $0.00 $168.67 $198.72 $30.98 $229.70 3/2/2014 195.57 143.90 51.67 9/2/2014 207.05 195.57 309.49 143.90 (102.44) 51.67 0.90 3/2/2015 191.17 140.63 50.54 9/2/2015 215.39 191.17 193.78 140.63 21.61 50.54 122.69 3/2/2016 186.43 138.25 48.18 9/2/2016 225.12 186.43 197.97 138.25 27.15 48.18 123.51 3/2/2017 181.37 135.47 45.90 9/2/2017 234.85 181.37 202.15 135.47 32.70 45.90 124.50 3/2/2018 176.02 132.28 43.74 9/2/2018 245.96 176.02 209.12 132.28 36.84 43.74 124.32 3/2/2019 170.31 128.76 41.55 9/2/2019 257.08 170.31 216.09 128.76 40.99 41.55 124.09 3/2/2020 164.20 124.81 39.39 9/2/2020 269.59 164.20 223.06 124.81 46.53 39.39 125.31 3/2/2021 157.66 120.45 37.21 9/2/2021 282.09 157.66 231.42 120.45 50.67 37.21 125.09 3/2/2022 150.79 115.64 35.15 9/2/2022 295.99 150.79 241.18 115.64 54.81 35.15 125.11 3/2/2023 143.39 110.38 33.01 9/2/2023 311.28 143.39 252.34 110.38 58.94 33.01 124.96 3/2/2024 135.53 104.69 30.84 9/2/2024 326.56 135.53 263.49 104.69 63.07 30.84 124.75 3/2/2025 127.28 98.69 28.59 9/2/2025 343.24 127.28 276.04 98.69 67.20 28.59 124.38 3/2/2026 118.44 92.26 26.18 9/2/2026 359.91 118.44 288.58 92.26 71.33 26.18 123.69 3/2/2027 109.18 85.39 23.79 9/2/2027 379.37 109.18 302.52 85.39 76.85 23.79 124.43 3/2/2028 99.41 78.11 21.30 9/2/2028 398.82 99.41 317.86 78.11 80.96 21.30 123.56 3/2/2029 89.14 70.39 18.75 9/2/2029 419.67 89.14 333.20 70.39 86.47 18.75 123.97 3/2/2030 78.33 62.13 16.20 9/2/2030 440.51 78.33 348.53 62.13 91.98 16.20 124.38 3/2/2031 66.88 53.40 13.48 9/2/2031 464.14 66.88 366.65 53.40 97.49 13.48 124.45 3/2/2032 54.81 44.13 10.68 9/2/2032 487.76 54.81 384.78 44.13 102.98 10.68 124.34 3/2/2033 42.13 34.11 8.02 9/2/2033 512.77 42.13 405.69 34.11 107.08 8.02 123.12 3/2/2034 28.80 23.34 5.46 9/2/2034 539.18 28.80 426.60 23.34 112.58 5.46 123.50 3/2/2035 14.78 12.01 2.77 9/2/2035 568.36 14.78 450.30 12.01 118.06 2.77 123.60 Totals $7,983.41 $5,562.89 $6,440.84 $4,267.11 $1,542.57 $1,296.78 $2,838.35 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $6,526.92 Parcel Count with Same Reassessment: 2 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $201.37 $202.31 $0.00 $170.93 $201.37 $31.38 $232.75 3/2/2014 198.18 145.82 52.36 9/2/2014 209.82 198.18 313.63 145.82 (103.81) 52.36 0.91 3/2/2015 193.73 142.51 51.22 9/2/2015 218.27 193.73 196.37 142.51 21.90 51.22 124.34 3/2/2016 188.92 140.10 48.82 9/2/2016 228.13 188.92 200.61 140.10 27.52 48.82 125.16 3/2/2017 183.79 137.28 46.51 9/2/2017 237.99 183.79 204.85 137.28 33.14 46.51 126.16 3/2/2018 178.38 134.04 44.34 9/2/2018 249.25 178.38 211.91 134.04 37.34 44.34 126.02 3/2/2019 172.58 130.48 42.10 9/2/2019 260.52 172.58 218.98 130.48 41.54 42.10 125.74 3/2/2020 166.39 126.48 39.91 9/2/2020 273.19 166.39 226.04 126.48 47.15 39.91 126.97 3/2/2021 159.77 122.06 37.71 9/2/2021 285.86 159.77 234.52 122.06 51.34 37.71 126.76 3/2/2022 152.80 117.18 35.62 9/2/2022 299.95 152.80 244.41 117.18 55.54 35.62 126.78 3/2/2023 145.30 111.86 33.44 9/2/2023 315.44 145.30 255.71 111.86 59.73 33.44 126.61 3/2/2024 137.34 106.09 31.25 9/2/2024 330.93 137.34 267.01 106.09 63.92 31.25 126.42 3/2/2025 128.98 100.01 28.97 9/2/2025 347.83 128.98 279.72 100.01 68.11 28.97 126.05 3/2/2026 120.03 93.49 26.54 9/2/2026 364.72 120.03 292.44 93.49 72.28 26.54 125.36 3/2/2027 110.63 86.53 24.10 9/2/2027 384.44 110.63 306.57 86.53 77.87 24.10 126.07 3/2/2028 100.74 79.16 21.58 9/2/2028 404.15 100.74 322.11 79.16 82.04 21.58 125.20 3/2/2029 90.33 71.33 19.00 9/2/2029 425.28 90.33 337.65 71.33 87.63 19.00 125.63 3/2/2030 79.38 62.96 16.42 9/2/2030 446.40 79.38 353.19 62.96 93.21 16.42 126.05 3/2/2031 67.77 54.11 13.66 9/2/2031 470.34 67.77 371.55 54.11 98.79 13.66 126.11 3/2/2032 55.54 44.72 10.82 9/2/2032 494.28 55.54 389.92 44.72 104.36 10.82 126.00 3/2/2033 42.69 34.56 8.13 9/2/2033 519.63 42.69 411.11 34.56 108.52 8.13 124.78 3/2/2034 29.18 23.65 5.53 9/2/2034 546.38 29.18 432.30 23.65 114.08 5.53 125.14 3/2/2035 14.97 12.17 2.80 9/2/2035 575.95 14.97 456.32 12.17 119.63 2.80 125.23 Totals $8,090.12 $5,637.15 $6,526.92 $4,324.11 $1,563.20 $1,313.04 $2,876.24 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $7,221.15 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $222.79 $223.83 $0.00 $189.11 $222.79 $34.72 $257.51 3/2/2014 219.26 161.33 57.93 9/2/2014 232.14 219.26 346.99 161.33 (114.85) 57.93 1.01 3/2/2015 214.33 157.67 56.66 9/2/2015 241.49 214.33 217.26 157.67 24.23 56.66 137.55 3/2/2016 209.02 155.00 54.02 9/2/2016 252.39 209.02 221.95 155.00 30.44 54.02 138.48 3/2/2017 203.34 151.88 51.46 9/2/2017 263.30 203.34 226.64 151.88 36.66 51.46 139.58 3/2/2018 197.35 148.30 49.05 9/2/2018 275.76 197.35 234.45 148.30 41.31 49.05 139.41 3/2/2019 190.94 144.36 46.58 9/2/2019 288.23 190.94 242.27 144.36 45.96 46.58 139.12 3/2/2020 184.09 139.93 44.16 9/2/2020 302.25 184.09 250.08 139.93 52.17 44.16 140.49 3/2/2021 176.76 135.04 41.72 9/2/2021 316.27 176.76 259.46 135.04 56.81 41.72 140.25 3/2/2022 169.05 129.65 39.40 9/2/2022 331.85 169.05 270.40 129.65 61.45 39.40 140.25 3/2/2023 160.76 123.75 37.01 9/2/2023 348.99 160.76 282.91 123.75 66.08 37.01 140.10 3/2/2024 151.95 117.38 34.57 9/2/2024 366.13 151.95 295.41 117.38 70.72 34.57 139.86 3/2/2025 142.70 110.64 32.06 9/2/2025 384.82 142.70 309.48 110.64 75.34 32.06 139.46 3/2/2026 132.79 103.43 29.36 9/2/2026 403.52 132.79 323.54 103.43 79.98 29.36 138.70 3/2/2027 122.40 95.73 26.67 9/2/2027 425.33 122.40 339.18 95.73 86.15 26.67 139.49 3/2/2028 111.45 87.58 23.87 9/2/2028 447.14 111.45 356.37 87.58 90.77 23.87 138.51 3/2/2029 99.94 78.92 21.02 9/2/2029 470.51 99.94 373.56 78.92 96.95 21.02 138.99 3/2/2030 87.82 69.66 18.16 9/2/2030 493.88 87.82 390.75 69.66 103.13 18.16 139.45 3/2/2031 74.98 59.87 15.11 9/2/2031 520.37 74.98 411.07 59.87 109.30 15.11 139.52 3/2/2032 61.45 49.47 11.98 9/2/2032 546.85 61.45 431.39 49.47 115.46 11.98 139.42 3/2/2033 47.23 38.24 8.99 9/2/2033 574.90 47.23 454.84 38.24 120.06 8.99 138.04 3/2/2034 32.28 26.16 6.12 9/2/2034 604.50 32.28 478.28 26.16 126.22 6.12 138.46 3/2/2035 16.57 13.47 3.10 9/2/2035 637.21 16.57 504.86 13.47 132.35 3.10 138.55 Totals $8,950.62 $6,236.75 $7,221.15 $4,784.03 $1,729.48 $1,452.72 $3,182.20 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $7,362.61 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $227.16 $228.22 $0.00 $192.81 $227.16 $35.41 $262.57 3/2/2014 223.56 164.49 59.07 9/2/2014 236.69 223.56 353.79 164.49 (117.10) 59.07 1.04 3/2/2015 218.53 160.76 57.77 9/2/2015 246.22 218.53 221.52 160.76 24.70 57.77 140.24 3/2/2016 213.11 158.03 55.08 9/2/2016 257.34 213.11 226.30 158.03 31.04 55.08 141.20 3/2/2017 207.32 154.86 52.46 9/2/2017 268.46 207.32 231.08 154.86 37.38 52.46 142.30 3/2/2018 201.22 151.21 50.01 9/2/2018 281.17 201.22 239.05 151.21 42.12 50.01 142.14 3/2/2019 194.68 147.19 47.49 9/2/2019 293.87 194.68 247.01 147.19 46.86 47.49 141.84 3/2/2020 187.70 142.67 45.03 9/2/2020 308.17 187.70 254.98 142.67 53.19 45.03 143.25 3/2/2021 180.23 137.69 42.54 9/2/2021 322.47 180.23 264.54 137.69 57.93 42.54 143.01 3/2/2022 172.37 132.19 40.18 9/2/2022 338.35 172.37 275.70 132.19 62.65 40.18 143.01 3/2/2023 163.91 126.18 37.73 9/2/2023 355.82 163.91 288.45 126.18 67.37 37.73 142.83 3/2/2024 154.92 119.68 35.24 9/2/2024 373.30 154.92 301.20 119.68 72.10 35.24 142.58 3/2/2025 145.50 112.81 32.69 9/2/2025 392.36 145.50 315.54 112.81 76.82 32.69 142.20 3/2/2026 135.39 105.46 29.93 9/2/2026 411.42 135.39 329.88 105.46 81.54 29.93 141.40 3/2/2027 124.80 97.61 27.19 9/2/2027 433.66 124.80 345.82 97.61 87.84 27.19 142.22 3/2/2028 113.63 89.29 24.34 9/2/2028 455.90 113.63 363.35 89.29 92.55 24.34 141.23 3/2/2029 101.89 80.47 21.42 9/2/2029 479.73 101.89 380.88 80.47 98.85 21.42 141.69 3/2/2030 89.54 71.02 18.52 9/2/2030 503.56 89.54 398.41 71.02 105.15 18.52 142.19 3/2/2031 76.45 61.04 15.41 9/2/2031 530.56 76.45 419.13 61.04 111.43 15.41 142.25 3/2/2032 62.65 50.44 12.21 9/2/2032 557.56 62.65 439.84 50.44 117.72 12.21 142.14 3/2/2033 48.16 38.99 9.17 9/2/2033 586.16 48.16 463.75 38.99 122.41 9.17 140.75 3/2/2034 32.92 26.68 6.24 9/2/2034 616.34 32.92 487.65 26.68 128.69 6.24 141.17 3/2/2035 16.89 13.73 3.16 9/2/2035 649.70 16.89 514.75 13.73 134.95 3.16 141.27 Totals $9,125.97 $6,358.96 $7,362.61 $4,877.79 $1,763.35 $1,481.17 $3,244.52 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $7,446.50 Parcel Count with Same Reassessment: 3 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $229.74 $230.82 $0.00 $195.01 $229.74 $35.81 $265.55 3/2/2014 226.11 166.37 59.74 9/2/2014 239.38 226.11 357.82 166.37 (118.44) 59.74 1.04 3/2/2015 221.02 162.59 58.43 9/2/2015 249.02 221.02 224.04 162.59 24.98 58.43 141.84 3/2/2016 215.54 159.84 55.70 9/2/2016 260.27 215.54 228.88 159.84 31.39 55.70 142.79 3/2/2017 209.69 156.62 53.07 9/2/2017 271.52 209.69 233.71 156.62 37.81 53.07 143.95 3/2/2018 203.51 152.93 50.58 9/2/2018 284.37 203.51 241.77 152.93 42.60 50.58 143.76 3/2/2019 196.90 148.87 48.03 9/2/2019 297.22 196.90 249.83 148.87 47.39 48.03 143.45 3/2/2020 189.84 144.30 45.54 9/2/2020 311.68 189.84 257.89 144.30 53.79 45.54 144.87 3/2/2021 182.28 139.26 43.02 9/2/2021 326.14 182.28 267.56 139.26 58.58 43.02 144.62 3/2/2022 174.33 133.69 40.64 9/2/2022 342.21 174.33 278.84 133.69 63.37 40.64 144.65 3/2/2023 165.78 127.62 38.16 9/2/2023 359.88 165.78 291.74 127.62 68.14 38.16 144.46 3/2/2024 156.69 121.04 35.65 9/2/2024 377.55 156.69 304.63 121.04 72.92 35.65 144.22 3/2/2025 147.16 114.10 33.06 9/2/2025 396.83 147.16 319.14 114.10 77.69 33.06 143.81 3/2/2026 136.94 106.66 30.28 9/2/2026 416.11 136.94 333.64 106.66 82.47 30.28 143.03 3/2/2027 126.22 98.72 27.50 9/2/2027 438.60 126.22 349.76 98.72 88.84 27.50 143.84 3/2/2028 114.93 90.31 24.62 9/2/2028 461.10 114.93 367.49 90.31 93.61 24.62 142.85 3/2/2029 103.05 81.38 21.67 9/2/2029 485.19 103.05 385.22 81.38 99.97 21.67 143.31 3/2/2030 90.56 71.83 18.73 9/2/2030 509.29 90.56 402.95 71.83 106.34 18.73 143.80 3/2/2031 77.32 61.74 15.58 9/2/2031 536.61 77.32 423.90 61.74 112.71 15.58 143.87 3/2/2032 63.37 51.02 12.35 9/2/2032 563.92 63.37 444.86 51.02 119.06 12.35 143.76 3/2/2033 48.71 39.43 9.28 9/2/2033 592.84 48.71 469.03 39.43 123.81 9.28 142.37 3/2/2034 33.29 26.98 6.31 9/2/2034 623.36 33.29 493.21 26.98 130.15 6.31 142.77 3/2/2035 17.08 13.89 3.19 9/2/2035 657.10 17.08 520.61 13.89 136.49 3.19 142.87 Totals $9,229.93 $6,431.46 $7,446.50 $4,933.39 $1,783.41 $1,498.07 $3,281.48 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison of the Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $7,446.51 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $229.74 $230.82 $0.00 $195.01 $229.74 $35.81 $265.55 3/2/2014 226.11 166.37 59.74 9/2/2014 239.38 226.11 357.82 166.37 (118.44) 59.74 1.04 3/2/2015 221.02 162.59 58.43 9/2/2015 249.02 221.02 224.04 162.59 24.98 58.43 141.84 3/2/2016 215.54 159.84 55.70 9/2/2016 260.27 215.54 228.88 159.84 31.39 55.70 142.79 3/2/2017 209.69 156.62 53.07 9/2/2017 271.52 209.69 233.71 156.62 37.81 53.07 143.95 3/2/2018 203.51 152.93 50.58 9/2/2018 284.37 203.51 241.77 152.93 42.60 50.58 143.76 3/2/2019 196.90 148.87 48.03 9/2/2019 297.22 196.90 249.83 148.87 47.39 48.03 143.45 3/2/2020 189.84 144.30 45.54 9/2/2020 311.68 189.84 257.89 144.30 53.79 45.54 144.87 3/2/2021 182.28 139.26 43.02 9/2/2021 326.14 182.28 267.56 139.26 58.58 43.02 144.62 3/2/2022 174.33 133.69 40.64 9/2/2022 342.21 174.33 278.84 133.69 63.37 40.64 144.65 3/2/2023 165.78 127.62 38.16 9/2/2023 359.88 165.78 291.74 127.62 68.14 38.16 144.46 3/2/2024 156.69 121.04 35.65 9/2/2024 377.55 156.69 304.63 121.04 72.92 35.65 144.22 3/2/2025 147.16 114.10 33.06 9/2/2025 396.83 147.16 319.14 114.10 77.69 33.06 143.81 3/2/2026 136.94 106.66 30.28 9/2/2026 416.11 136.94 333.64 106.66 82.47 30.28 143.03 3/2/2027 126.22 98.72 27.50 9/2/2027 438.60 126.22 349.76 98.72 88.84 27.50 143.84 3/2/2028 114.93 90.31 24.62 9/2/2028 461.10 114.93 367.49 90.31 93.61 24.62 142.85 3/2/2029 103.05 81.38 21.67 9/2/2029 485.19 103.05 385.22 81.38 99.97 21.67 143.31 3/2/2030 90.56 71.83 18.73 9/2/2030 509.29 90.56 402.95 71.83 106.34 18.73 143.80 3/2/2031 77.32 61.74 15.58 9/2/2031 536.61 77.32 423.90 61.74 112.71 15.58 143.87 3/2/2032 63.37 51.02 12.35 9/2/2032 563.92 63.37 444.86 51.02 119.06 12.35 143.76 3/2/2033 48.71 39.43 9.28 9/2/2033 592.84 48.71 469.03 39.43 123.81 9.28 142.37 3/2/2034 33.29 26.98 6.31 9/2/2034 623.36 33.29 493.21 26.98 130.15 6.31 142.77 3/2/2035 17.08 13.89 3.19 9/2/2035 657.10 17.08 520.61 13.89 136.49 3.19 142.87 Totals $9,229.93 $6,431.46 $7,446.51 $4,933.39 $1,783.41 $1,498.07 $3,281.48 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $7,446.52 Parcel Count with Same Reassessment: 21 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $229.74 $230.82 $0.00 $195.01 $229.74 $35.81 $265.55 3/2/2014 226.11 166.37 59.74 9/2/2014 239.38 226.11 357.82 166.37 (118.44) 59.74 1.04 3/2/2015 221.02 162.59 58.43 9/2/2015 249.02 221.02 224.04 162.59 24.98 58.43 141.84 3/2/2016 215.54 159.84 55.70 9/2/2016 260.27 215.54 228.88 159.84 31.39 55.70 142.79 3/2/2017 209.69 156.62 53.07 9/2/2017 271.52 209.69 233.71 156.62 37.81 53.07 143.95 3/2/2018 203.51 152.93 50.58 9/2/2018 284.37 203.51 241.77 152.93 42.60 50.58 143.76 3/2/2019 196.90 148.87 48.03 9/2/2019 297.22 196.90 249.83 148.87 47.39 48.03 143.45 3/2/2020 189.84 144.30 45.54 9/2/2020 311.68 189.84 257.89 144.30 53.79 45.54 144.87 3/2/2021 182.28 139.26 43.02 9/2/2021 326.14 182.28 267.56 139.26 58.58 43.02 144.62 3/2/2022 174.33 133.69 40.64 9/2/2022 342.21 174.33 278.84 133.69 63.37 40.64 144.65 3/2/2023 165.78 127.62 38.16 9/2/2023 359.88 165.78 291.74 127.62 68.14 38.16 144.46 3/2/2024 156.69 121.04 35.65 9/2/2024 377.55 156.69 304.63 121.04 72.92 35.65 144.22 3/2/2025 147.16 114.10 33.06 9/2/2025 396.83 147.16 319.14 114.10 77.69 33.06 143.81 3/2/2026 136.94 106.66 30.28 9/2/2026 416.11 136.94 333.64 106.66 82.47 30.28 143.03 3/2/2027 126.22 98.72 27.50 9/2/2027 438.60 126.22 349.76 98.72 88.84 27.50 143.84 3/2/2028 114.93 90.31 24.62 9/2/2028 461.10 114.93 367.49 90.31 93.61 24.62 142.85 3/2/2029 103.06 81.38 21.68 9/2/2029 485.20 103.06 385.22 81.38 99.98 21.68 143.34 3/2/2030 90.56 71.83 18.73 9/2/2030 509.29 90.56 402.95 71.83 106.34 18.73 143.80 3/2/2031 77.32 61.74 15.58 9/2/2031 536.61 77.32 423.90 61.74 112.71 15.58 143.87 3/2/2032 63.37 51.02 12.35 9/2/2032 563.92 63.37 444.86 51.02 119.06 12.35 143.76 3/2/2033 48.71 39.43 9.28 9/2/2033 592.84 48.71 469.03 39.43 123.81 9.28 142.37 3/2/2034 33.29 26.98 6.31 9/2/2034 623.36 33.29 493.21 26.98 130.15 6.31 142.77 3/2/2035 17.08 13.89 3.19 9/2/2035 657.10 17.08 520.61 13.89 136.49 3.19 142.87 Totals $9,229.94 $6,431.48 $7,446.52 $4,933.39 $1,783.42 $1,498.09 $3,281.51 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4,2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $7,446.53 Parcel Count with Same Reassessment: 43 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $229.75 $230.82 $0.00 $195.01 $229.75 $35.81 $265.56 3/2/2014 226.11 166.37 59.74 9/2/2014 239.38 226.11 357.82 166.37 (118.44) 59.74 1.04 3/2/2015 221.02 162.59 58.43 9/2/2015 249.02 221.02 224.04 162.59 24.98 58.43 141.84 3/2/2016 215.54 159.84 55.70 9/2/2016 260.27 215.54 228.88 159.84 31.39 55.70 142.79 3/2/2017 209.69 156.62 53.07 9/2/2017 271.52 209.69 233.71 156.62 37.81 53.07 143.95 3/2/2018 203.51 152.93 50.58 9/2/2018 284.37 203.51 241.77 152.93 42.60 50.58 143.76 3/2/2019 196.90 148.87 48.03 9/2/2019 297.22 196.90 249.83 148.87 47.39 48.03 143.45 3/2/2020 189.84 144.30 45.54 9/2/2020 311.68 189.84 257.89 144.30 53.79 45.54 144.87 3/2/2021 182.28 139.26 43.02 9/2/2021 326.14 182.28 267.56 139.26 58.58 43.02 144.62 3/2/2022 174.33 133.69 40.64 9/2/2022 342.21 174.33 278.84 133.69 63.37 40.64 144.65 3/2/2023 165.78 127.62 38.16 9/2/2023 359.88 165.78 291.74 127.62 68.14 38.16 144.46 3/2/2024 156.69 121.04 35.65 9/2/2024 377.55 156.69 304.63 121.04 72.92 35.65 144.22 3/2/2025 147.16 114.10 33.06 9/2/2025 396.83 147.16 319.14 114.10 77.69 33.06 143.81 3/2/2026 136.94 106.66 30.28 9/2/2026 416.11 136.94 333.64 106.66 82.47 30.28 143.03 3/2/2027 126.22 98.72 27.50 9/2/2027 438.60 126.22 349.76 98.72 88.84 27.50 143.84 3/2/2028 114.93 90.31 24.62 9/2/2028 461.10 114.93 367.49 90.31 93.61 24.62 142.85 3/2/2029 103.06 81.38 21.68 9/2/2029 485.20 103.06 385.22 81.38 99.98 21.68 143.34 3/2/2030 90.56 71.83 18.73 9/2/2030 509.30 90.56 402.95 71.83 106.35 18.73 143.81 3/2/2031 77.32 61.74 15.58 9/2/2031 536.61 77.32 423.90 61.74 112.71 15.58 143.87 3/2/2032 63.37 51.02 12.35 9/2/2032 563.92 63.37 444.86 51.02 119.06 12.35 143.76 3/2/2033 48.71 39.43 9.28 9/2/2033 592.84 48.71 469.03 39.43 123.81 9.28 142.37 3/2/2034 33.29 26.98 6.31 9/2/2034 623.36 33.29 493.21 26.98 130.15 6.31 142.77 3/2/2035 17.08 13.89 3.19 9/2/2035 657.10 17.08 520.61 13.89 136.49 3.19 142.87 Totals $9,229.96 $6,431.48 $7,446.53 $4,933.39 $1,783.44 $1,498.09 $3,281.53 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $7,446.54 Parcel Count with Same Reassessment: 17 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $229.75 $230.82 $0.00 $195.01 $229.75 $35.81 $265.56 3/2/2014 226.11 166.37 59.74 9/2/2014 239.39 226.11 357.82 166.37 (118.43) 59.74 1.05 3/2/2015 221.02 162.59 58.43 9/2/2015 249.02 221.02 224.04 162.59 24.98 58.43 141.84 3/2/2016 215.54 159.84 55.70 9/2/2016 260.27 215.54 228.88 159.84 31.39 55.70 142.79 3/2/2017 209.69 156.62 53.07 9/2/2017 271.52 209.69 233.71 156.62 37.81 53.07 143.95 3/2/2018 203.51 152.93 50.58 9/2/2018 284.37 203.51 241.77 152.93 42.60 50.58 143.76 3/2/2019 196.90 148.87 48.03 9/2/2019 297.22 196.90 249.83 148.87 47.39 48.03 143.45 3/2/2020 189.84 144.30 45.54 9/2/2020 311.68 189.84 257.89 144.30 53.79 45.54 144.87 3/2/2021 182.28 139.26 43.02 9/2/2021 326.14 182.28 267.56 139.26 58.58 43.02 144.62 3/2/2022 174.33 133.70 40.63 9/2/2022 342.21 174.33 278.84 133.70 63.37 40.63 144.63 3/2/2023 165.78 127.62 38.16 9/2/2023 359.88 165.78 291.74 127.62 68.14 38.16 144.46 3/2/2024 156.69 121.04 35.65 9/2/2024 377.55 156.69 304.63 121.04 72.92 35.65 144.22 3/2/2025 147.16 114.10 33.06 9/2/2025 396.83 147.16 319.14 114.10 77.69 33.06 143.81 3/2/2026 136.94 106.66 30.28 9/2/2026 416.11 136.94 333.64 106.66 82.47 30.28 143.03 3/2/2027 126.22 98.72 27.50 9/2/2027 438.60 126.22 349.76 98.72 88.84 27.50 143.84 3/2/2028 114.93 90.31 24.62 9/2/2028 461.10 114.93 367.49 90.31 93.61 24.62 142.85 3/2/2029 103.06 81.38 21.68 9/2/2029 485.20 103.06 385.22 81.38 99.98 21.68 143.34 3/2/2030 90.56 71.83 18.73 9/2/2030 509.30 90.56 402.95 71.83 106.35 18.73 143.81 3/2/2031 77.32 61.74 15.58 9/2/2031 536.61 77.32 423.90 61.74 112.71 15.58 143.87 3/2/2032 63.37 51.02 12.35 9/2/2032 563.92 63.37 444.86 51.02 119.06 12.35 143.76 3/2/2033 48.71 39.43 9.28 9/2/2033 592.84 48.71 469.04 39.43 123.80 9.28 142.36 3/2/2034 33.29 26.98 6.31 9/2/2034 623.37 33.29 493.21 26.98 130.16 6.31 142.78 3/2/2035 17.08 13.89 3.19 9/2/2035 657.10 17.08 520.61 13.89 136.49 3.19 142.87 Totals $9,229.98 $6,431.48 $7,446.54 $4,933.41 $1,783.45 $1,498.07 $3,281.52 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $7,446.60 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $229.75 $230.82 $0.00 $195.01 $229.75 $35.81 $265.56 3/2/2014 226.11 166.37 59.74 9/2/2014 239.39 226.11 357.82 166.37 (118.43) 59.74 1.05 3/2/2015 221.02 162.59 58.43 9/2/2015 249.03 221.02 224.04 162.59 24.99 58.43 141.85 3/2/2016 215.54 159.84 55.70 9/2/2016 260.27 215.54 228.88 159.84 31.39 55.70 142.79 3/2/2017 209.69 156.62 53.07 9/2/2017 271.52 209.69 233.71 156.62 37.81 53.07 143.95 3/2/2018 203.51 152.93 50.58 9/2/2018 284.37 203.51 241.77 152.93 42.60 50.58 143.76 3/2/2019 196.90 148.87 48.03 9/2/2019 297.23 196.90 249.83 148.87 47.40 48.03 143.46 3/2/2020 189.84 144.30 45.54 9/2/2020 311.69 189.84 257.89 144.30 53.80 45.54 144.88 3/2/2021 182.28 139.26 43.02 9/2/2021 326.14 182.28 267.56 139.26 58.58 43.02 144.62 3/2/2022 174.33 133.70 40.63 9/2/2022 342.21 174.33 278.84 133.70 63.37 40.63 144.63 3/2/2023 165.78 127.62 38.16 9/2/2023 359.88 165.78 291.74 127.62 68.14 38.16 144.46 3/2/2024 156.69 121.04 35.65 9/2/2024 377.56 156.69 304.63 121.04 72.93 35.65 144.23 3/2/2025 147.16 114.10 33.06 9/2/2025 396.84 147.16 319.14 114.10 77.70 33.06 143.82 3/2/2026 136.94 106.66 30.28 9/2/2026 416.12 136.94 333.65 106.66 82.47 30.28 143.03 3/2/2027 126.22 98.72 27.50 9/2/2027 438.61 126.22 349.76 98.72 88.85 27.50 143.85 3/2/2028 114.93 90.31 24.62 9/2/2028 461.10 114.93 367.49 90.31 93.61 24.62 142.85 3/2/2029 103.06 81.38 21.68 9/2/2029 485.20 103.06 385.22 81.38 99.98 21.68 143.34 3/2/2030 90.56 71.83 18.73 9/2/2030 509.30 90.56 402.95 71.83 106.35 18.73 143.81 3/2/2031 77.32 61.74 15.58 9/2/2031 536.61 77.32 423.91 61.74 112.70 15.58 143.86 3/2/2032 63.37 51.02 12.35 9/2/2032 563.93 63.37 444.86 51.02 119.07 12.35 143.77 3/2/2033 48.71 39.43 9.28 9/2/2033 592.84 48.71 469.04 39.43 123.80 9.28 142.36 3/2/2034 33.29 26.98 6.31 9/2/2034 623.37 33.29 493.22 26.98 130.15 6.31 142.77 3/2/2035 17.08 13.89 3.19 9/2/2035 657.11 17.08 520.62 13.89 136.49 3.19 142.87 totals $9,230.07 $6,431.48 $7,446.60 $4,933.41 $1,783.50 $1,498.07 $3,281.57 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $7,687.45 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $237.18 $238.29 $0.00 $201.32 $237.18 $36.97 $274.15 3/2/2014 233.42 171.75 61.67 9/2/2014 247.13 233.42 369.40 171.75 (122.27) 61.67 1.07 3/2/2015 228.17 167.85 60.32 9/2/2015 257.08 228.17 231.29 167.85 25.79 60.32 146.43 3/2/2016 222.52 165.01 57.51 9/2/2016 268.69 222.52 236.28 165.01 32.41 57.51 147.43 3/2/2017 216.47 161.69 54.78 9/2/2017 280.30 216.47 241.27 161.69 39.03 54.78 148.59 3/2/2018 210.09 157.88 52.21 9/2/2018 293.57 210.09 249.59 157.88 43.98 52.21 148.40 3/2/2019 203.27 153.69 49.58 9/2/2019 306.84 203.27 257.91 153.69 48.93 49.58 148.09 3/2/2020 195.98 148.97 47.01 9/2/2020 321.77 195.98 266.23 148.97 55.54 47.01 149.56 3/2/2021 188.18 143.76 44.42 9/2/2021 336.69 188.18 276.22 143.76 60.47 44.42 149.31 3/2/2022 179.97 138.02 41.95 9/2/2022 353.28 179.97 287.86 138.02 65.42 41.95 149.32 3/2/2023 171.14 131.75 39.39 9/2/2023 371.52 171.14 301.17 131.75 70.35 39.39 149.13 3/2/2024 161.76 124.96 36.80 9/2/2024 389.77 161.76 314.49 124.96 75.28 36.80 148.88 3/2/2025 151.92 117.79 34.13 9/2/2025 409.67 151.92 329.46 117.79 80.21 34.13 148.47 3/2/2026 141.37 110.11 31.26 9/2/2026 429.57 141.37 344.44 110.11 85.13 31.26 147.65 3/2/2027 130.31 101.92 28.39 9/2/2027 ,452.79 130.31 361.08 101.92 91.71 28.39 148.49 3/2/2028 118.65 93.23 25.42 9/2/2028 476.01 118.65 379.38 93.23 96.63 25.42 147.47 3/2/2029 106.39 84.02 22.37 9/2/2029 500.89 106.39 397.68 84.02 103.21 22.37 147.95 3/2/2030 93.49 74.16 19.33 9/2/2030 525.77 93.49 415.99 74.16 109.78 19.33 148.44 3/2/2031 79.82 63.74 16.08 9/2/2031 553.97 79.82 437.62 63.74 116.35 16.08 148.51 3/2/2032 65.42 52.67 12.75 9/2/2032 582.16 65.42 459.25 52.67 122.91 12.75 148.41 3/2/2033 50.28 40.71 9.57 9/2/2033 612.02 50.28 484.21 40.71 127.81 9.57 146.95 3/2/2034 34.37 27.85 6.52 9/2/2034 643.53 34.37 509.17 27.85 134.36 6.52 147.40 3/2/2035 17.64 14.34 3.30 9/2/2035 678.36 17.64 537.46 14.34 140.90 3.30 147.50 Totals $9,528.56 $6,639.55 $7,687.45 $5,093.06 $1,841.11 $1,546.49 $3,387.60 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison of the Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $7,696.35 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $237.45 $238.56 $0.00 $201.55 $237.45 $37.01 $274.46 3/2/2014 233.69 171.95 61.74 9/2/2014 247.42 233.69 369.82 171.95 (122.40) 61.74 1.08 3/2/2015 228.44 168.04 60.40 9/2/2015 257.38 228.44 231.56 168.04 25.82 60.40 146.62 3/2/2016 222.77 165.20 57.57 9/2/2016 269.00 222.77 236.55 165.20 32.45 57.57 147.59 3/2/2017 216.72 161.88 54.84 9/2/2017 280.63 216.72 241.55 161.88 39.08 54.84 148.76 3/2/2018 210.34 158.06 52.28 9/2/2018 293.91 210.34 249.88 158.06 44.03 52.28 148.59 3/2/2019 203.50 153.86 49.64 9/2/2019 307.19 203.50 258.21 153.86 48.98 49.64 148.26 3/2/2020 196.21 149.14 47.07 9/2/2020 322.14 196.21 266.54 149.14 55.60 47.07 149.74 3/2/2021 188.40 143.93 44.47 9/2/2021 337.08 188.40 276.54 143.93 60.54 44.47 149.48 3/2/2022 180.18 138.18 42.00 9/2/2022 353.69 180.18 288.20 138.18 65.49 42.00 149.49 3/2/2023 171.34 131.90 39.44 9/2/2023 371.95 171.34 301.52 131.90 70.43 39.44 149.31 3/2/2024 161.95 125.10 36.85 9/2/2024 390.22 161.95 314.85 125.10 75.37 36.85 149.07 3/2/2025 152.09 117.92 34.17 9/2/2025 410.15 152.09 329.84 117.92 80.31 34.17 148.65 3/2/2026 141.53 110.24 31.29 9/2/2026 430.07 141.53 344.84 110.24 85.23 31.29 147.81 3/2/2027 130.46 102.03 28.43 9/2/2027 453.32 130.46 361.50 102.03 91.82 28.43 148.68 3/2/2028 118.78 93.34 25.44 9/2/2028 476.57 118.78 379.82 93.34 96.75 25.44 147.63 3/2/2029 106.51 84.11 22.40 9/2/2029 501.47 106.51 398.14 84.11 103.33 22.40 148.13 3/2/2030 93.60 74.24 19.36 9/2/2030 526.38 93.60 416.47 74.24 109.91 19.36 148.63 3/2/2031 79.91 63.81 16.10 9/2/2031 554.61 79.91 438.13 63.81 116.48 16.10 148.68 3/2/2032 65.49 52.73 12.76 9/2/2032 582.84 65.49 459.78 52.73 123.06 12.76 148.58 3/2/2033 50.34 40.75 9.59 9/2/2033 612.73 50.34 484.77 40.75 127.96 9.59 147.14 3/2/2034 34.41 27.88 6.53 9/2/2034 644.28 34.41 509.76 27.88 134.52 6.53 147.58 3/2/2035 17.66 14.35 3.31 9/2/2035 679.15 17.66 538.08 14.35 141.07 3.31 147.69 Totals $9,539.63 $6,647.20 $7,696.35 $5,098.83 $1,843.28 $1,548.37 $3,391.65 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $8,141.58 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $251.19 $252.36 $0.00 $213.21 $251.19 $39.15 $290.34 3/2/2014 247.21 181.90 65.31 9/2/2014 261.73 247.21 391.22 181.90 (129.49) 65.31 1.13 3/2/2015 241.65 177.77 63.88 9/2/2015 272.27 241.65 244.95 177.77 27.32 63.88 155.08 3/2/2016 235.66 174.75 60.91 9/2/2016 284.56 235.66 250.24 174.75 34.32 60.91 156.14 3/2/2017 229.26 171.24 58.02 9/2/2017 296.86 229.26 255.53 171.24 41.33 58.02 157.37 3/2/2018 222.51 167.20 55.31 9/2/2018 310.91 222.51 264.34 167.20 46.57 55.31 157.19 3/2/2019 215.28 162.76 52.52 9/2/2019 324.96 215.28 273.15 162.76 51.81 52.52 156.85 3/2/2020 207.56 157.77 49.79 9/2/2020 340.77 207.56 281.96 157.77 58.81 49.79 158.39 3/2/2021 199.29 152.26 47.03 9/2/2021 356.58 199.29 292.53 152.26 64.05 47.03 158.11 3/2/2022 190.60 146.17 44.43 9/2/2022 374.15 190.60 304.87 146.17 69.28 44.43 158.14 3/2/2023 181.25 139.53 41.72 9/2/2023 393.47 181.25 318.97 139.53 74.50 41.72 157.94 3/2/2024 171.31 132.34 38.97 9/2/2024 412.79 171.31 333.06 132.34 79.73 38.97 157.67 3/2/2025 160.89 124.75 36.14 9/2/2025 433.87 160.89 348.92 124.75 84.95 36.14 157.23 3/2/2026 149.72 116.62 33.10 9/2/2026 454.95 149.72 364.78 116.62 90.17 33.10 156.37 3/2/2027 138.00 107.94 30.06 9/2/2027 479.54 138.00 382.41 107.94 97.13 30.06 157.25 3/2/2028 125.66 98.74 26.92 9/2/2028 504.13 125.66 401.79 98.74 102.34 26.92 156.18 3/2/2029 112.67 88.98 23.69 9/2/2029 530.48 112.67 421.18 88.98 109.30 23.69 156.68 3/2/2030 99.01 78.54 20.47 9/2/2030 556.83 99.01 440.56 78.54 116.27 20.47 157.21 3/2/2031 84.54 67.50 17.04 9/2/2031 586.69 84.54 463.47 67.50 123.22 17.04 157.30 3/2/2032 69.28 55.78 13.50 9/2/2032 616.56 69.28 486.38 55.78 130.18 13.50 157.18 3/2/2033 53.25 43.11 10.14 9/2/2033 648.17 53.25 512.81 43.11 135.36 10.14 155.64 3/2/2034 36.40 29.50 6.90 9/2/2034 681.55 36.40 539.25 29.50 142.30 6.90 156.10 3/2/2035 18.68 15.18 3.50 9/2/2035 718.44 18.68 569.21 15.18 149.23 3.50 156.23 Totals $10,091.45 $7,031.72 $8,141.58 $5,393.87 $1,949.87 $1,637.85 $3,687.72 City of Carlsbad Reassessment District No. 2012-1, City ofCarlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $8,161.20 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $251.79 $252.97 $0.00 $213.72 $251.79 $39.25 $291.04 3/2/2014 247.81 182.34 65.47 9/2/2014 262.36 247.81 392.16 182.34 (129.80) 65.47 1.14 3/2/2015 242.23 178.19 64.04 9/2/2015 272.92 242.23 245.54 178.19 27.38 64.04 155.46 3/2/2016 236.23 175.18 61.05 9/2/2016 285.25 236.23 250.84 175.18 34.41 61.05 156.51 3/2/2017 229.81 171.65 58.16 9/2/2017 297.58 229.81 256.14 171.65 41.44 58.16 157.76 3/2/2018 223.04 167.61 55.43 9/2/2018 311.66 223.04 264.97 167.61 46.69 55.43 157.55 3/2/2019 215.80 163.16 52.64 9/2/2019 325.75 215.80 273.81 163.16 51.94 52.64 157.22 3/2/2020 208.06 158.15 49.91 9/2/2020 341.60 208.06 282.64 158.15 58.96 49.91 158.78 3/2/2021 199.77 152.62 47.15 9/2/2021 357.44 199.77 293.24 152.62 64.20 47.15 158.50 3/2/2022 191.06 146.53 44.53 9/2/2022 375.05 191.06 305.60 146.53 69.45 44.53 158.51 3/2/2023 181.69 139.87 41.82 9/2/2023 394.42 181.69 319.74 139.87 74.68 41.82 158.32 3/2/2024 171.73 132.66 39.07 9/2/2024 413.79 171.73 333.87 132.66 79.92 39.07 158.06 3/2/2025 161.28 125.05 36.23 9/2/2025 434.92 161.28 349.77 125.05 85.15 36.23 157.61 3/2/2026 150.08 116.90 33.18 9/2/2026 456.05 150.08 365.66 116.90 90.39 33.18 156.75 3/2/2027 138.34 108.20 30.14 9/2/2027 480.70 138.34 383.33 108.20 97.37 30.14 157.65 3/2/2028 125.96 98.98 26.98 9/2/2028 505.35 125.96 402.76 98.98 102.59 26.98 156.55 3/2/2029 112.95 89.19 23.76 9/2/2029 531.76 112.95 422.19 89.19 109.57 23.76 157.09 3/2/2030 99.25 78.73 20.52 9/2/2030 558.17 99.25 441.62 78.73 116.55 20.52 157.59 3/2/2031 84.74 67.66 17.08 9/2/2031 588.11 84.74 464.59 67.66 123.52 17.08 157.68 3/2/2032 69.45 55.91 13.54 9/2/2032 618.04 69.45 487.55 55.91 130.49 13.54 157.57 3/2/2033 53.38 43.21 10.17 9/2/2033 649.74 53.38 514.05 43.21 135.69 10.17 156.03 3/2/2034 36.49 29.57 6.92 9/2/2034 683.19 36.49 540.55 29.57 142.64 6.92 156.48 3/2/2035 18.72 15.22 3.50 9/2/2035 720.17 18.72 570.58 15.22 149.59 3.50 156.59 Totals $10,115.81 $7,048.71 $8,161.20 $5,406.88 $1,954.61 $1,641.83 $3,596.44 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $8,393.86 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $258.97 $260.18 $0.00 $219.82 $258.97 $40.36 $299.33 3/2/2014 254.87 187.53 67.34 9/2/2014 269.84 254.87 403.34 187.53 (133.50) 67.34 1.18 3/2/2015 249.14 183.27 65.87 9/2/2015 280.70 249.14 252.54 183.27 28.16 65.87 159.90 3/2/2016 242.96 180.17 62.79 9/2/2016 293.38 242.96 257.99 180.17 35.39 62.79 160.97 3/2/2017 236.36 176.55 59.81 9/2/2017 306.06 236.36 263.44 176.55 42.62 59.81 162.24 3/2/2018 229.40 172.39 57.01 9/2/2018 320.55 229.40 272.53 172.39 48.02 57.01 162.04 3/2/2019 221.95 167.81 54.14 9/2/2019 335.03 221.95 281.61 167.81 53.42 54.14 161.70 3/2/2020 213.99 162.66 51.33 9/2/2020 351.33 213.99 290.70 162.66 60.63 51.33 163.29 3/2/2021 205.47 156.97 48.50 9/2/2021 367.63 205.47 301.60 156.97 66.03 48.50 163.03 3/2/2022 196.51 150.70 45.81 9/2/2022 385.74 196.51 314.32 150.70 71.42 45.81 163.04 3/2/2023 186.87 143.85 43.02 9/2/2023 405.66 186.87 328.85 143.85 76.81 43.02 162.85 3/2/2024 176.62 136.44 40.18 9/2/2024 425.58 176.62 343.39 136.44 82.19 40.18 162.55 3/2/2025 165.88 128.61 37.27 9/2/2025 447.32 165.88 359.74 128.61 87.58 37.27 162.12 3/2/2026 154.36 120.23 34.13 9/2/2026 469.05 154.36 376.09 120.23 92.96 34.13 161.22 3/2/2027 142.28 111.28 31.00 9/2/2027 494.40 142.28 394.26 111.28 100.14 31.00 162.14 3/2/2028 129.55 101.80 27.75 9/2/2028 519.76 129.55 414.24 101.80 105.52 27.75 161.02 3/2/2029 116.17 91.74 24.43 9/2/2029 546.92 116.17 434.23 91.74 112.69 24.43 161.55 3/2/2030 102.08 80.97 21.11 9/2/2030 574.09 102.08 454.21 80.97 119.88 21.11 162.10 3/2/2031 87.16 69.59 17.57 9/2/2031 604.87 87.16 477.83 69.59 127.04 17.57 162.18 3/2/2032 71.43 57.51 13.92 9/2/2032 635.66 71.43 501.45 57.51 134.21 13.92 162.05 3/2/2033 54.90 44.45 10.45 9/2/2033 668.26 54.90 528.70 44.45 139.56 10.45 160.46 3/2/2034 37.53 30.41 7.12 9/2/2034 702.67 37.53 555.96 30.41 146.71 7.12 160.95 3/2/2035 19.26 15.65 3.61 9/2/2035 740.70 19.26 586.84 15.65 153.86 3.61 161.08 Totals $10,404.17 $7,249.66 $8,393.86 $5,560.98 $2,010.31 $1,688.68 $3,698.99 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $8,500.71 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $262.27 $263.49 $0.00 $222.61 $262.27 $40.88 $303.15 3/2/2014 258.12 189.92 68.20 9/2/2014 273.27 258.12 408.48 189.92 (135.21) 68.20 1.19 3/2/2015 252.31 185.61 66.70 9/2/2015 284.28 252.31 255.76 185.61 28.52 66.70 161.92 3/2/2016 246.06 182.46 63.60 9/2/2016 297.12 246.06 261.28 182.46 35.84 63.60 163.04 3/2/2017 239.37 178.79 60.58 9/2/2017 309.95 239.37 266.80 178.79 43.15 60.58 164.31 3/2/2018 232.32 174.58 57.74 9/2/2018 324.63 232.32 276.00 174.58 48.63 57.74 164.11 3/2/2019 224.77 169.94 54.83 9/2/2019 339.30 224.77 285.20 169.94 54.10 54.83 163.76 3/2/2020 216.71 164.73 51.98 9/2/2020 355.81 216.71 294.40 164.73 61.41 51.98 165.37 3/2/2021 208.09 158.97 49.12 9/2/2021 372.31 208.09 305.44 158.97 66.87 49.12 165.11 3/2/2022 199.01 152.62 46.39 9/2/2022 390.65 199.01 318.32 152.62 72.33 46.39 165.11 3/2/2023 189.24 145.68 43.56 9/2/2023 410.83 189.24 333.04 145.68 77.79 43.56 164.91 3/2/2024 178.87 138.18 40.69 9/2/2024 431.00 178.87 347.76 138.18 83.24 40.69 164.62 3/2/2025 167.99 130.25 37.74 9/2/2025 453.01 167.99 364.32 130.25 88.69 37.74 164.17 3/2/2026 156.32 121.76 34.56 9/2/2026 475.02 156.32 380.88 121.76 94.14 34.56 163.26 3/2/2027 144.09 112.70 31.39 9/2/2027 500.70 144.09 399.28 112.70 101.42 31.39 164.20 3/2/2028 131.20 103.10 28.10 9/2/2028 526.37 131.20 419.52 103.10 106.85 28.10 163.05 3/2/2029 117.64 92.90 24.74 9/2/2029 553.88 117.64 439.76 92.90 114.12 24.74 163.60 3/2/2030 103.38 82.00 21.38 9/2/2030 581.39 103.38 460.00 82.00 121.39 21.38 164.15 3/2/2031 88.27 70.48 17.79 9/2/2031 612.57 88.27 483.92 70.48 128.65 17.79 164.23 3/2/2032 72.34 58.24 14.10 9/2/2032 643.75 72.34 507.83 58.24 135.92 14.10 164.12 3/2/2033 55.60 45.01 10.59 9/2/2033 676.77 55.60 535.43 45.01 141.34 10.59 162.52 3/2/2034 38.01 30.80 7.21 9/2/2034 711.61 38.01 563.03 30.80 148.58 7.21 163.00 3/2/2035 19.50 15.85 3.65 9/2/2035 750.13 19.50 594.31 15.85 155.82 3.65 163.12 Totals $10,536.62 $7,341.91 $8,500.71 $5,631.75 $2,035.86 $1,710.16 $3,746.02 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $8,515.94 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $262.74 $263.97 $0.00 $223.01 $262.74 $40.96 $303.70 3/2/2014 258.58 190.26 68.32 9/2/2014 273.76 258.58 409.21 190.26 (135.45) 68.32 1.19 3/2/2015 252.76 185.94 66.82 9/2/2015 284.79 252.76 256.22 185.94 28.57 66.82 162.21 3/2/2016 246.50 182.79 63.71 9/2/2016 297.65 246.50 261.75 182.79 35.90 63.71 163.32 3/2/2017 239.80 179.11 60.69 9/2/2017 310.51 239.80 267.28 179.11 43.23 60.69 164.61 3/2/2018 232.74 174.89 57.85 9/2/2018 325.21 232.74 276.49 174.89 48.72 57.85 164.42 3/2/2019 225.18 170.25 54.93 9/2/2019 339.91 225.18 285.71 170.25 54.20 54.93 164.06 3/2/2020 217.10 165.02 52.08 9/2/2020 356.44 217.10 294.92 165.02 61.52 52.08 165.68 3/2/2021 208.46 159.26 49.20 9/2/2021 372.98 208.46 305.98 159.26 67.00 49.20 165.40 3/2/2022 199.37 152.90 46.47 9/2/2022 391.35 199.37 318.89 152.90 72.46 46.47 165.40 3/2/2023 189.58 145.94 43.64 9/2/2023 411.56 189.58 333.63 145.94 77.93 43.64 165.21 3/2/2024 179.19 138.42 40.77 9/2/2024 431.77 179.19 348.38 138.42 83.39 40.77 164.93 3/2/2025 168.29 130.48 37.81 9/2/2025 453.82 168.29 364.97 130.48 88.85 37.81 164.47 3/2/2026 156.60 121.98 34.62 9/2/2026 475.87 156.60 381.56 121.98 94.31 34.62 163.55 3/2/2027 144.35 112.90 31.45 9/2/2027 501.59 144.35 399.99 112.90 101.60 31.45 164.50 3/2/2028 131.43 103.28 28.15 9/2/2028 527.32 131.43 420.27 103.28 107.05 28.15 163.35 3/2/2029 117.86 93.07 24.79 9/2/2029 554.88 117.86 440.54 93.07 114.34 24.79 163.92 3/2/2030 103.57 82.15 21.42 9/2/2030 582.44 103.57 460.82 82.15 121.62 21.42 164.46 3/2/2031 88.42 70.61 17.81 9/2/2031 613.67 88.42 484.78 70.61 128.89 17.81 164.51 3/2/2032 72.47 58.34 14.13 9/2/2032 644.91 72.47 508.74 58.34 136.17 14.13 164.43 3/2/2033 55.70 45.09 10.61 9/2/2033 677.98 55.70 536.39 45.09 141.59 10.61 162.81 3/2/2034 38.07 30.85 7.22 9/2/2034 712.89 38.07 564.04 30.85 148.85 7.22 163.29 3/2/2035 19.54 15.88 3.66 9/2/2035 751.47 19.54 595.38 15.88 156.09 3.66 163.41 Totals $10,555.51 $7,355.09 $8,515.94 $5,641.83 $2,039.57 $1,713.26 $3,752.83 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $8,566.01 Parcel Count with Same Reassessment: 2 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $264.28 $265.52 $0.00 $224.32 $264.28 $41.20 $305.48 3/2/2014 260.10 191.38 68.72 9/2/2014 275.37 260.10 411.61 191.38 (136.24) 68.72 1.20 3/2/2015 254.25 187.03 67.22 9/2/2015 286.46 254.25 257.72 187.03 28.74 67.22 163.18 3/2/2016 247.95 183.87 64.08 9/2/2016 299.40 247.95 263.28 183.87 36.12 64.08 164.28 3/2/2017 241.21 180.17 61.04 9/2/2017 312.34 241.21 268.85 180.17 43.49 61.04 165.57 3/2/2018 234.10 175.92 58.18 9/2/2018 327.12 234.10 278.12 175.92 49.00 58.18 165.36 3/2/2019 226.50 171.25 55.25 9/2/2019 341.91 226.50 287.39 171.25 54.52 55.25 165.02 3/2/2020 218.38 165.99 52.39 9/2/2020 358.54 218.38 296.66 165.99 61.88 52.39 166.66 3/2/2021 209.68 160.19 49.49 9/2/2021 375.17 209.68 307.78 160.19 67.39 49.49 166.37 3/2/2022 200.54 153.79 46.75 9/2/2022 393.65 200.54 320.76 153.79 72.89 46.75 166.39 3/2/2023 190.70 146.80 43.90 9/2/2023 413.98 190.70 335.59 146.80 78.39 43.90 166.19 3/2/2024 180.25 139.24 41.01 9/2/2024 434.31 180.25 350.43 139.24 83.88 41.01 165.90 3/2/2025 169.28 131.25 38.03 9/2/2025 456.49 169.28 367.11 131.25 89.38 38.03 165.44 3/2/2026 157.52 122.70 34.82 9/2/2026 478.67 157.52 383.80 122.70 94.87 34.82 164.51 3/2/2027 145.20 113.56 31.64 9/2/2027 504.54 145.20 402.34 113.56 102.20 31.64 165.48 3/2/2028 132.21 103.89 28.32 9/2/2028 530.42 132.21 422.74 103.89 107.68 28.32 164.32 3/2/2029 118.55 93.62 24.93 9/2/2029 558.14 118.55 443.13 93.62 115.01 24.93 164.87 3/2/2030 104.18 82.63 21.55 9/2/2030 585.86 104.18 463.53 82.63 122.33 21.55 165.43 3/2/2031 88.94 71.02 17.92 9/2/2031 617.28 88.94 487.63 71.02 129.65 17.92 165.49 3/2/2032 72.89 58.69 14.20 9/2/2032 648.70 72.89 511.74 58.69 136.96 14.20 165.36 3/2/2033 56.03 45.36 10.67 9/2/2033 681.96 56.03 539.55 45.36 142.41 10.67 163.75 3/2/2034 38.30 31.04 7.26 9/2/2034 717.08 38.30 567.36 31.04 149.72 7.26 164.24 3/2/2035 19.65 15.97 3.68 9/2/2035 755.89 19.65 598.88 15.97 157.01 3.68 164.37 Totals $10,617.56 $7,398.34 $8,566.01 $5,675.04 $2,051.56 $1,723.30 $3,774.86 City ofCarlsbad Reassessment District No. 2012-1, City ofCarlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $8,574.92 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $264.56 $265.79 $0.00 $224.56 $264.56 $41.23 $305.79 3/2/2014 260.37 191.58 68.79 9/2/2014 275.66 260.37 412.04 191.58 (136.38) 68.79 1.20 3/2/2015 254.51 187.23 67.28 9/2/2015 286.76 254.51 257.99 187.23 28.77 67.28 163.33 3/2/2016 248.20 184.06 64.14 9/2/2016 299.71 248.20 263.56 184.06 36.15 64.14 164.43 3/2/2017 241.46 180.35 61.11 9/2/2017 312.66 241.46 269.13 180.35 43.53 61.11 165.75 3/2/2018 234.35 176.10 58.25 9/2/2018 327.46 234.35 278.41 176.10 49.05 58.25 165.55 3/2/2019 226.73 171.43 55.30 9/2/2019 342.26 226.73 287.69 171.43 54.57 55.30 165.17 3/2/2020 218.61 166.16 52.45 9/2/2020 358.91 218.61 296.97 166.16 61.94 52.45 166.84 3/2/2021 209.90 160.36 49.54 9/2/2021 375.56 209.90 308.10 160.36 67.46 49.54 166.54 3/2/2022 200.75 153.95 46.80 9/2/2022 394.06 200.75 321.10 153.95 72.96 46.80 166.56 3/2/2023 190.90 146.96 43.94 9/2/2023 414.41 190.90 335.94 146.96 78.47 43.94 166.35 3/2/2024 180.43 139.38 41.05 9/2/2024 434.76 180.43 350.79 139.38 83.97 41.05 166.07 3/2/2025 169.45 131.38 38.07 9/2/2025 456.97 169.45 367.50 131.38 89.47 38.07 165.61 3/2/2026 157.69 122.82 34.87 9/2/2026 479.17 157.69 384.20 122.82 94.97 34.87 164.71 3/2/2027 145.35 113.68 31.67 9/2/2027 505.07 145.35 402.76 113.68 102.31 31.67 165.65 3/2/2028 132.34 104.00 28.34 9/2/2028 530.97 132.34 423.18 104.00 107.79 28.34 164.47 3/2/2029 118.67 93.72 24.95 9/2/2029 558.72 118.67 443.59 93.72 115.13 24.95 165.03 3/2/2030 104.28 82.72 21.56 9/2/2030 586.47 104.28 464.01 82.72 122.46 21.56 165.58 3/2/2031 89.04 71.09 17.95 9/2/2031 617.92 89.04 488.14 71.09 129.78 17.95 165.68 3/2/2032 72.97 58.75 14.22 9/2/2032 649.37 72.97 512.27 58.75 137.10 14.22 165.54 3/2/2033 56.09 45.41 10.68 9/2/2033 682.67 56.09 540.11 45.41 142.56 10.68 163.92 3/2/2034 38.34 31.07 7.27 9/2/2034 717.82 38.34 567.95 31.07 149.87 7.27 164.41 3/2/2035 19.67 15.99 3.68 9/2/2035 756.68 19.67 599.50 15.99 157.18 3.68 164.54 Totals $10,628.60 $7,405.99 $8,574.92 $5,680.94 $2,053.67 $1,725.05 $3,778.72 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $8,631.31 Parcel Count with Same Reassessment: 3 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $266.30 $267.54 $0.00 $226.03 $266.30 $41.51 $307.81 3/2/2014 262.08 192.84 69.24 9/2/2014 277.47 262.08 414.75 192.84 (137.28) 69.24 1.20 3/2/2015 256.19 188.46 67.73 9/2/2015 288.65 256.19 259.69 188.46 28.96 67.73 164.42 3/2/2016 249.84 185.27 64.57 9/2/2016 301.68 249.84 265.29 185.27 36.39 64.57 165.53 3/2/2017 243.05 181.54 61.51 9/2/2017 314.72 243.05 270.90 181.54 43.82 61.51 166.84 3/2/2018 235.89 177.26 58.63 9/2/2018 329.61 235.89 280.24 177.26 49.37 58.63 166.63 3/2/2019 228.23 172.56 55.67 9/2/2019 344.51 228.23 289.58 172.56 54.93 55.67 166.27 3/2/2020 220.04 167.26 52.78 9/2/2020 361.27 220.04 298.92 167.26 62.35 52.78 167.91 3/2/2021 211.28 161.42 49.86 9/2/2021 378.03 211.28 310.13 161.42 67.90 49.86 167.62 3/2/2022 202.07 154.97 47.10 9/2/2022 396.65 202.07 323.21 154.97 73.44 47.10 167.64 3/2/2023 192.15 147.92 44.23 9/2/2023 417.14 192.15 338.15 147.92 78.99 44.23 167.45 3/2/2024 181.62 140.30 41.32 9/2/2024 437.62 181.62 353.10 140.30 84.52 41.32 167.16 3/2/2025 170.57 132.25 38.32 9/2/2025 459.97 170.57 369.91 132.25 90.06 38.32 166.70 3/2/2026 158.72 123.63 35.09 9/2/2026 482.32 158.72 386.73 123.63 95.59 35.09 165.77 3/2/2027 146.31 114.43 31.88 9/2/2027 508.39 146.31 405.41 114.43 102.98 31.88 166.74 3/2/2028 133.21 104.68 28.53 9/2/2028 534.46 133.21 425.96 104.68 108.50 28.53 165.56 3/2/2029 119.45 94.33 25.12 9/2/2029 562.39 119.45 446.51 94.33 115.88 25.12 166.12 3/2/2030 104.97 83.26 21.71 9/2/2030 590.33 104.97 467.06 83.26 123.27 21.71 166.69 3/2/2031 89.62 71.56 18.06 9/2/2031 621.98 89.62 491.35 71.56 130.63 18.06 166.75 3/2/2032 73.45 59.13 14.32 9/2/2032 653.64 73.45 515.64 59.13 138.00 14.32 166.64 3/2/2033 56.46 45.70 10.76 9/2/2033 687.16 56.46 543.66 45.70 143.50 10.76 165.02 3/2/2034 38.59 31.27 7.32 9/2/2034 722.55 38.59 571.68 31.27 150.87 7.32 165.51 3/2/2035 19.80 16.10 3.70 9/2/2035 761.65 19.80 603.44 16.10 158.21 3.70 165.61 Totals $10,698.49 $7,454.72 $8,631.31 $5,718.31 $2,067.18 $1,736.41 $3,803.59 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $8,700.37 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $268.43 $269.68 $0.00 $227.84 $268.43 $41.84 $310.27 3/2/2014 264.18 194.38 69.80 9/2/2014 279.69 264.18 418.07 194.38 (138.38) 69.80 1.22 3/2/2015 258.24 189.97 68.27 9/2/2015 290.96 258.24 261.76 189.97 29.20 68.27 165.74 3/2/2016 251.84 186.75 65.09 9/2/2016 304.10 251.84 267.41 186.75 36.69 65.09 166.87 3/2/2017 244.99 182.99 62.00 9/2/2017 317.23 244.99 273.06 182.99 44.17 62.00 168.17 3/2/2018 237.78 178.68 59.10 9/2/2018 332.25 237.78 282.48 178.68 49.77 59.10 167.97 3/2/2019 230.05 173.94 56.11 9/2/2019 347.27 230.05 291.90 173.94 55.37 56.11 167.59 3/2/2020 221.80 168.60 53.20 9/2/2020 364.16 221.80 301.31 168.60 62.85 53.20 169.25 3/2/2021 212.97 162.71 50.26 9/2/2021 381.06 212.97 312.61 162.71 68.45 50.26 168.97 3/2/2022 203.68 156.21 47.47 9/2/2022 399.83 203.68 325.79 156.21 74.04 47.47 168.98 3/2/2023 193.69 149.11 44.58 9/2/2023 420.48 193.69 340.86 149.11 79.62 44.58 168.78 3/2/2024 183.07 141.42 41.65 9/2/2024 441.13 183.07 355.92 141.42 85.21 41.65 168.51 3/2/2025 171.93 133.31 38.62 9/2/2025 463.65 171.93 372.87 133.31 90.78 38.62 168.02 3/2/2026 159.99 124.62 35.37 9/2/2026 486.18 159.99 389.82 124.62 96.36 35.37 167.10 3/2/2027 147.48 115.34 32.14 9/2/2027 512.46 147.48 408.65 115.34 103.81 32.14 168.09 3/2/2028 134.28 105.52 28.76 9/2/2028 538.74 134.28 429.37 105.52 109.37 28.76 166.89 3/2/2029 120.41 95.09 25.32 9/2/2029 566.89 120.41 450.08 95.09 116.81 25.32 167.45 3/2/2030 105.81 83.93 21.88 9/2/2030 595.05 105.81 470.80 83.93 124.25 21.88 168.01 3/2/2031 90.34 72.13 18.21 9/2/2031 626.96 90.34 495.28 72.13 131.68 18.21 168.10 3/2/2032 74.04 59.61 14.43 9/2/2032 658.87 74.04 519.76 59.61 139.11 14.43 167.97 3/2/2033 56.91 46.07 10.84 9/2/2033 692.66 56.91 548.01 46.07 144.65 10.84 166.33 3/2/2034 38.90 31.52 7.38 9/2/2034 728.33 38.90 576.26 31.52 152.07 7.38 166.83 3/2/2035 19.96 16.23 3.73 9/2/2035 767.75 19.96 608.27 16.23 159.48 3.73 166.94 Totals $10,784.13 $7,514.36 $8,700.37 $5,764.10 $2,083.79 $1,750.26 $3,834.05 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $8,700.45 Parcel Count with Same Reassessment: 37 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $268.43 $269.69 $0.00 $227.85 $268.43 $41.84 $310.27 3/2/2014 264.18 194.38 69.80 9/2/2014 279.69 264.18 418.07 194.38 (138.38) 69.80 1.22 3/2/2015 258.24 189.97 68.27 9/2/2015 290.96 258.24 261.77 189.97 29.19 68.27 165.73 3/2/2016 251.84 186.75 65.09 9/2/2016 304.10 251.84 267.42 186.75 36.68 65.09 166.86 3/2/2017 245.00 182.99 62.01 9/2/2017 317.24 245.00 273.07 182.99 44.17 62.01 168.19 3/2/2018 237.78 178.68 59.10 9/2/2018 332.25 237.78 282.48 178.68 49.77 59.10 167.97 3/2/2019 230.05 173.94 56.11 9/2/2019 347.27 230.05 291.90 173.94 55.37 56.11 167.59 3/2/2020 221.81 168.60 53.21 9/2/2020 364.17 221.81 301.31 168.60 62.86 53.21 169.28 3/2/2021 212.98 162.71 50.27 9/2/2021 381.06 212.98 312.61 162.71 68.45 50.27 168.99 3/2/2022 203.69 156.21 47.48 9/2/2022 399.83 203.69 325.80 156.21 74.03 47.48 168.99 3/2/2023 193.69 149.11 44.58 9/2/2023 420.48 193.69 340.86 149.11 79.62 44.58 168.78 3/2/2024 183.07 141.42 41.65 9/2/2024 441.13 183.07 355.93 141.42 85.20 41.65 168.50 3/2/2025 171.94 133.31 38.63 9/2/2025 463.65 171.94 372.88 133.31 90.77 38.63 168.03 3/2/2026 160.00 124.62 35.38 9/2/2026 486.18 160.00 389.83 124.62 96.35 35.38 167.11 3/2/2027 147.48 115.35 32.13 9/2/2027 512.46 147.48 408.66 115.35 103.80 32.13 168.06 3/2/2028 134.28 105.52 28.76 9/2/2028 538.74 134.28 429.37 105.52 109.37 28.76 166.89 3/2/2029 120.41 95.09 25.32 9/2/2029 566.90 120.41 450.09 95.09 116.81 25.32 167.45 3/2/2030 105.81 83.93 21.88 9/2/2030 595.06 105.81 470.80 83.93 124.26 21.88 168.02 3/2/2031 90.34 72.14 18.20 9/2/2031 626.97 90.34 495.29 72.14 131.68 18.20 168.08 3/2/2032 74.04 59.61 14.43 9/2/2032 658.88 74.04 519.77 59.61 139.11 14.43 167.97 3/2/2033 56.91 46.07 10.84 9/2/2033 692.67 56.91 548.02 46.07 144.65 10.84 166.33 3/2/2034 38.90 31.52 7.38 9/2/2034 728.33 38.90 576.26 31.52 152.07 7.38 166.83 3/2/2035 19.96 16.23 3.73 9/2/2035 767.75 19.96 608.28 16.23 159.47 3.73 166.93 Totals $10,784.20 $7,514.49 $8,700.45 $5,764.15 $2,083.73 $1,750.34 $3,834.07 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $8,770.81 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $270.60 $271.87 $0.00 $229.69 $270.60 $42.18 $312.78 3/2/2014 266.32 195.95 70.37 9/2/2014 281.96 266.32 421.45 195.95 (139.49) 70.37 1.25 3/2/2015 260.33 191.51 68.82 9/2/2015 293.31 260.33 263.88 191.51 29.43 68.82 167.07 3/2/2016 253.87 188.26 65.61 9/2/2016 306.56 253.87 269.58 188.26 36.98 65.61 168.20 3/2/2017 246.98 184.47 62.51 9/2/2017 319.80 246.98 275.27 184.47 44.53 62.51 169.55 3/2/2018 239.70 180.13 59.57 9/2/2018 334.94 239.70 284.77 180.13 50.17 59.57 169.31 3/2/2019 231.91 175.34 56.57 9/2/2019 350.08 231.91 294.26 175.34 55.82 56.57 168.96 3/2/2020 223.60 169.96 53.64 9/2/2020 367.11 223.60 303.75 169.96 63.36 53.64 170.64 3/2/2021 214.70 164.02 50.68 9/2/2021 384.14 214.70 315.14 164.02 69.00 50.68 170.36 3/2/2022 205.33 157.47 47.86 9/2/2022 403.07 205.33 328.43 157.47 74.64 47.86 170.36 3/2/2023 195.26 150.31 44.95 9/2/2023 423.88 195.26 343.62 150.31 80.26 44.95 170.16 3/2/2024 184.55 142.57 41.98 9/2/2024 444.70 184.55 358.81 142.57 85.89 41.98 169.85 3/2/2025 173.33 134.39 38.94 9/2/2025 467.40 173.33 375.89 134.39 91.51 38.94 169.39 3/2/2026 161.29 125.63 35.66 9/2/2026 490.11 161.29 392.98 125.63 97.13 35.66 168.45 3/2/2027 148.67 116.28 32.39 9/2/2027 516.60 148.67 411.96 116.28 104.64 32.39 169.42 3/2/2028 135.37 106.37 29.00 9/2/2028 543.10 135.37 432.84 106.37 110.26 29.00 168.26 3/2/2029 121.38 95.86 25.52 9/2/2029 571.48 121.38 453.73 95.86 117.75 25.52 168.79 3/2/2030 106.67 84.61 22.06 9/2/2030 599.87 106.67 474.61 84.61 125.26 22.06 169.38 3/2/2031 91.07 72.72 18.35 9/2/2031 632.04 91.07 499.29 72.72 132.75 18.35 169.45 3/2/2032 74.64 60.09 14.55 9/2/2032 664.21 74.64 523.97 60.09 140.24 14.55 169.34 3/2/2033 57.37 46.44 10.93 9/2/2033 698.27 57.37 552.45 46.44 145.82 10.93 167.68 3/2/2034 39.21 31.78 7.43 9/2/2034 734.22 39.21 580.92 31.78 153.30 7.43 168.16 3/2/2035 20.12 16.36 3.76 9/2/2035 773.96 20.12 613.20 16.36 160.76 3.76 168.28 Totals $10,871.41 $7,575.21 $8,770.81 $5,810.73 $2,100.61 $1,764.48 $3,865.09 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $8,775.69 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $270.75 $272.02 $0.00 $229.82 $270.75 $42.20 $312.95 3/2/2014 266.47 196.06 70.41 9/2/2014 282.11 266.47 421.69 196.06 (139.58) 70.41 1.24 3/2/2015 260.47 191.61 68.86 9/2/2015 293.47 260.47 264.03 191.61 29.44 68.86 167.16 3/2/2016 254.02 188.37 65.65 9/2/2016 306.73 254.02 269.73 188.37 37.00 65.65 168.30 3/2/2017 247.11 184.58 62.53 9/2/2017 319.98 247.11 275.43 184.58 44.55 62.53 169.61 3/2/2018 239.83 180.23 59.60 9/2/2018 335.13 239.83 284.92 180.23 50.21 59.60 169.41 3/2/2019 232.04 175.44 56.60 9/2/2019 350.28 232.04 294.42 175.44 55.86 56.60 169.06 3/2/2020 223.72 170.06 53.66 9/2/2020 367.32 223.72 303.92 170.06 63.40 53.66 170.72 3/2/2021 214.82 164.12 50.70 9/2/2021 384.36 214.82 315.32 164.12 69.04 50.70 170.44 3/2/2022 205.45 157.56 47.89 9/2/2022 403.29 205.45 328.61 157.56 74.68 47.89 170.46 3/2/2023 195.37 150.40 44.97 9/2/2023 424.12 195.37 343.81 150.40 80.31 44.97 170.25 3/2/2024 184.66 142.64 42.02 9/2/2024 444.94 184.66 359.01 142.64 85.93 42.02 169.97 3/2/2025 173.42 134.46 38.96 9/2/2025 467.66 173.42 376.10 134.46 91.56 38.96 169.48 3/2/2026 161.38 125.70 35.68 9/2/2026 490.39 161.38 393.20 125.70 97.19 35.68 168.55 3/2/2027 148.75 116.34 32.41 9/2/2027 516.89 148.75 412.19 116.34 104.70 32.41 169.52 3/2/2028 135.44 106.43 29.01 9/2/2028 543.40 135.44 433.09 106.43 110.31 29.01 168.33 3/2/2029 121.45 95.91 25.54 9/2/2029 571.80 121.45 453.98 95.91 117.82 25.54 168.90 3/2/2030 106.73 84.65 22.08 9/2/2030 600.20 106.73 474.87 84.65 125.33 22.08 169.49 3/2/2031 91.12 72.76 18.36 9/2/2031 632.39 91.12 499.57 72.76 132.82 18.36 169.54 3/2/2032 74.68 60.12 14.56 9/2/2032 664.58 74.68 524.26 60.12 140.32 14.56 169.44 3/2/2033 57.40 46.47 10.93 9/2/2033 698.66 57.40 552.75 46.47 145.91 10.93 167.77 3/2/2034 39.23 31.80 7.43 9/2/2034 734.63 39.23 581.25 31.80 153.38 7.43 168.24 3/2/2035 20.13 16.37 3.76 9/2/2035 774.39 20.13 613.54 16.37 160.85 3.76 168.37 Totals $10,877.47 $7,579.40 $8,775.69^ $5,813.98 $2,101.78 $1,765.42 $3,867.20 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $8,775.93 Parcel Count with Same Reassessment: 106 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $270.76 $272.03 $0.00 $229.82 $270.76 $42.21 $312.97 3/2/2014 266.47 196.07 70.40 9/2/2014 282.12 266.47 421.70 196.07 (139.58) 70.40 1.22 3/2/2015 260.48 191.62 68.86 9/2/2015 293.48 260.48 264.04 191.62 29.44 68.86 167.16 3/2/2016 254.02 188.37 65.65 9/2/2016 306.74 254.02 269.74 188.37 37.00 65.65 168.30 3/2/2017 247.12 184.58 62.54 9/2/2017 319.99 247.12 275.43 184.58 44.56 62.54 169.64 3/2/2018 239.84 180.23 59.61 9/2/2018 335.14 239.84 284.93 180.23 50.21 59.61 169.43 3/2/2019 232.05 175.45 56.60 9/2/2019 350.28 232.05 294.43 175.45 55.85 56.60 169.05 3/2/2020 223.73 170.06 53.67 9/2/2020 367.33 223.73 303.93 170.06 63.40 53.67 170.74 3/2/2021 214.82 164.12 50.70 9/2/2021 384.37 214.82 315.33 164.12 69.04 50.70 170.44 3/2/2022 205.45 157.56 47.89 9/2/2022 403.30 205.45 328.62 157.56 74.68 47.89 170.46 3/2/2023 195.37 150.40 44.97 9/2/2023 424.13 195.37 343.82 150.40 80.31 44.97 170.25 3/2/2024 184.66 142.65 42.01 9/2/2024 444.96 184.66 359.02 142.65 85.94 42.01 169.96 3/2/2025 173.43 134.46 38.97 9/2/2025 467.68 173.43 376.11 134.46 91.57 38.97 169.51 3/2/2026 161.38 125.70 35.68 9/2/2026 490.40 161.38 393.21 125.70 97.19 35.68 168.55 3/2/2027 148.76 116.35 32.41 9/2/2027 516.91 148.76 412.20 116.35 104.71 32.41 169.53 3/2/2028 135.45 106.43 29.02 9/2/2028 543.41 135.45 433.10 106.43 110.31 29.02 168.35 3/2/2029 121.45 95.91 25.54 9/2/2029 571.82 121.45 453.99 95.91 117.83 25.54 168.91 3/2/2030 106.73 84.65 22.08 9/2/2030 600.22 106.73 474.89 84.65 125.33 22.08 169.49 3/2/2031 91.12 72.76 18.36 9/2/2031 632.41 91.12 499.58 72.76 132.83 18.36 169.55 3/2/2032 74.68 60.12 14.56 9/2/2032 664.59 74.68 524.28 60.12 140.31 14.56 169.43 3/2/2033 57.40 46.47 10.93 9/2/2033 698.68 57.40 552.77 46.47 145.91 10.93 167.77 3/2/2034 39.24 31.80 7.44 9/2/2034 734.65 39.24 581.26 31.80 153.39 7.44 168.27 3/2/2035 20.13 16.37 3.76 9/2/2035 774.41 20.13 613.56 16.37 160.85 3.76 168.37 Totals $10,877.78 $7,579.59 $8,775.93 $5,814.08 $2,101.84 $1,765.51 $3,867.35 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $8,858.70 Parcel Count with Same Reassessment: 4 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $273.31 $274.59 $0.00 $231.99 $273.31 $42.60 $315.91 3/2/2014 268.99 197.92 71.07 9/2/2014 284.78 268.99 425.68 197.92 (140.90) 71.07 1.24 3/2/2015 262.94 193.42 69.52 9/2/2015 296.25 262.94 266.53 193.42 29.72 69.52 168.76 3/2/2016 256.42 190.15 66.27 9/2/2016 309.63 256.42 272.28 190.15 37.35 66.27 169.89 3/2/2017 249.45 186.32 63.13 9/2/2017 323.01 249.45 278.03 186.32 44.98 63.13 171.24 3/2/2018 242.10 181.93 60.17 9/2/2018 338.30 242.10 287.62 181.93 50.68 60.17 171.02 3/2/2019 234.24 177.10 57.14 9/2/2019 353.59 234.24 297.21 177.10 56.38 57.14 170.66 3/2/2020 225.84 171.66 54.18 9/2/2020 370.79 225.84 306.79 171.66 64.00 54.18 172.36 3/2/2021 216.85 165.67 51.18 9/2/2021 387.99 216.85 318.30 165.67 69.69 51.18 172.05 3/2/2022 207.39 159.05 48.34 9/2/2022 407.10 207.39 331.72 159.05 75.38 48.34 172.06 3/2/2023 197.21 151.82 45.39 9/2/2023 428.13 197.21 347.06 151.82 81.07 45.39 171.85 3/2/2024 186.40 143.99 42.41 9/2/2024 449.15 186.40 362.40 143.99 86.75 42.41 171.57 3/2/2025 175.06 135.73 39.33 9/2/2025 472.09 175.06 379.66 135.73 92.43 39.33 171.09 3/2/2026 162.91 126.89 36.02 9/2/2026 495.02 162.91 396.92 126.89 98.10 36.02 170.14 3/2/2027 150.16 117.44 32.72 9/2/2027 521.78 150.16 416.09 117.44 105.69 32.72 171.13 3/2/2028 136.72 107.44 29.28 9/2/2028 548.54 136.72 437.18 107.44 111.36 29.28 169.92 3/2/2029 122.60 96.82 25.78 9/2/2029 577.21 122.60 458.27 96.82 118.94 25.78 170.50 3/2/2030 107.74 85.45 22.29 9/2/2030 605.88 107.74 479.37 85.45 126.51 22.29 171.09 3/2/2031 91.98 73.45 18.53 9/2/2031 638.37 91.98 504.29 73.45 134.08 18.53 171.14 3/2/2032 75.39 60.69 14.70 9/2/2032 670.86 75.39 529.22 60.69 141.64 14.70 171.04 3/2/2033 57.94 46.91 11.03 9/2/2033 705.27 57.94 557.98 46.91 147.29 11.03 169.35 3/2/2034 39.61 32.10 7.51 9/2/2034 741.58 39.61 586.75 32.10 154.83 7.51 169.85 3/2/2035 20.32 16.52 3.80 9/2/2035 781.72 20.32 619.34 16.52 162.38 3.80 169.98 Totals $10,980.35 $7,651.11 $8,858.70 $5,868.93 $2,121.66 $1,782.18 $3,903.84 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $8,858.71 Parcel Count with Same Reassessment: 225 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $273.31 $274.59 $0.00 $231.99 $273.31 $42.60 $315.91 3/2/2014 268.99 197.92 71.07 9/2/2014 284.78 268.99 425.68 197.92 (140.90) 71.07 1.24 3/2/2015 262.94 193.42 69.52 9/2/2015 296.25 262.94 266.53 193.42 29.72 69.52 168.76 3/2/2016 256.42 190.15 66.27 9/2/2016 309.63 256.42 272.28 190.15 37.35 66.27 169.89 3/2/2017 249.45 186.32 63.13 9/2/2017 323.01 249.45 278.03 186.32 44.98 63.13 171.24 3/2/2018 242.10 181.93 60.17 9/2/2018 338.30 242.10 287.62 181.93 50.68 60.17 171.02 3/2/2019 234.24 177.10 57.14 9/2/2019 353.59 234.24 297.21 177.10 56.38 57.14 170.66 3/2/2020 225.84 171.66 54.18 9/2/2020 370.79 225.84 306.80 171.66 63.99 54.18 172.35 3/2/2021 216.85 165.67 51.18 9/2/2021 387.99 216.85 318.30 165.67 69.69 51.18 172.05 3/2/2022 207.39 159.05 48.34 9/2/2022 407.10 207.39 331.72 159.05 75.38 48.34 172.06 3/2/2023 197.21 151.82 45.39 9/2/2023 428.13 197.21 347.06 151.82 81.07 45.39 171.85 3/2/2024 186.40 143.99 42.41 9/2/2024 449.15 186.40 362.40 143.99 86.75 42.41 171.57 3/2/2025 175.06 135.73 39.33 9/2/2025 472.09 175.06 379.66 135.73 92.43 39.33 171.09 3/2/2026 162.91 126.89 36.02 9/2/2026 495.02 162.91 396.92 126.89 98.10 36.02 170.14 3/2/2027 150.16 117.44 32.72 9/2/2027 521.78 150.16 416.09 117.44 105.69 32.72 171.13 3/2/2028 136.72 107.44 29.28 9/2/2028 548.54 136.72 437.18 107.44 111.36 29.28 169.92 3/2/2029 122.60 96.82 25.78 9/2/2029 577.21 122.60 458.28 96.82 118.93 25.78 170.49 3/2/2030 107.74 85.45 22.29 9/2/2030 605.88 107.74 479.37 85.45 126.51 22.29 171.09 3/2/2031 91.98 73.45 18.53 9/2/2031 638.37 91.98 504.29 73.45 134.08 18.53 171.14 3/2/2032 75.39 60.69 14.70 9/2/2032 670.86 75.39 529.22 60.69 141.64 14.70 171.04 3/2/2033 57.94 46.91 11.03 9/2/2033 705.27 57.94 557.98 46.91 147.29 11.03 169.35 3/2/2034 39.61 32.10 7.51 9/2/2034 741.58 39.61 586.75 32.10 154.83 7.51 169.85 3/2/2035 20.32 16.52 3.80 9/2/2035 781.72 20.32 619.34 16.52 162.38 3.80 169.98 Totals $10,980.35 $7,651.11 $8,858.71 $5,868.93 $2,121.64 $1,782.18 $3,903.82 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $8,874.69 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $273.81 $275.09 $0.00 $232.41 $273.81 $42.68 $316.49 3/2/2014 269.47 198.28 71.19 9/2/2014 285.30 269.47 426.45 198.28 (141.15) 71.19 1.23 3/2/2015 263.41 193.77 69.64 9/2/2015 296.78 263.41 267.01 193.77 29.77 69.64 169.05 3/2/2016 256.88 190.49 66.39 9/2/2016 310.19 256.88 272.77 190.49 37.42 66.39 170.20 3/2/2017 249.90 186.66 63.24 9/2/2017 323.59 249.90 278.53 186.66 45.06 63.24 171.54 3/2/2018 242.54 182.26 60.28 9/2/2018 338.91 242.54 288.14 182.26 50.77 60.28 171.33 3/2/2019 234.66 177.42 57.24 9/2/2019 354.23 234.66 297.74 177.42 56.49 57.24 170.97 3/2/2020 226.25 171.97 54.28 9/2/2020 371.46 226.25 307.35 171.97 64.11 54.28 172.67 3/2/2021 217.24 165.97 51.27 9/2/2021 388.69 217.24 318.87 165.97 69.82 51.27 172.36 3/2/2022 207.77 159.34 48.43 9/2/2022 407.84 207.77 332.32 159.34 75.52 48.43 172.38 3/2/2023 197.57 152.09 45.48 9/2/2023 428.90 197.57 347.69 152.09 81.21 45.48 172.17 3/2/2024 186.74 144.25 42.49 9/2/2024 449.96 186.74 363.06 144.25 86.90 42.49 171.88 3/2/2025 175.38 135.98 39.40 9/2/2025 472.94 175.38 380.34 135.98 92.60 39.40 171.40 3/2/2026 163.20 127.12 36.08 9/2/2026 495.92 163.20 397.63 127.12 98.29 36.08 170.45 3/2/2027 150.43 117.66 32.77 9/2/2027 522.72 150.43 416.84 117.66 105.88 32.77 171.42 3/2/2028 136.97 107.63 29.34 9/2/2028 549.53 136.97 437.97 107.63 111.56 29.34 170.24 3/2/2029 122.82 96.99 25.83 9/2/2029 578.25 122.82 459.10 96.99 119.15 25.83 170.81 3/2/2030 107.93 85.61 22.32 9/2/2030 606.97 107.93 480.23 85.61 126.74 22.32 171.38 3/2/2031 92.15 73.58 18.57 9/2/2031 639.52 92.15 505.20 73.58 134.32 18.57 171.46 3/2/2032 75.52 60.80 14.72 9/2/2032 672.07 75.52 530.18 60.80 141.89 14.72 171.33 3/2/2033 58.05 46.99 11.06 9/2/2033 706.54 58.05 558.99 46.99 147.55 11.06 169.67 3/2/2034 39.68 32.15 7.53 9/2/2034 742.92 39.68 587.80 32.15 155.12 7.53 170.18 3/2/2035 20.36 16.55 3.81 9/2/2035 783.13 20.36 620.46 16.55 162.67 3.81 170.29 Totals $11,000.17 $7,664.93 $8,874.69 $5,879.53 $2,125.50 $1,785.40 $3,910.90 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $9,023.10 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $278.39 $279.69 $0.00 $236.30 $278.39 $43.39 $321.78 3/2/2014 273.98 201.59 72.39 9/2/2014 290.07 273.98 433.58 201.59 (143.51) 72.39 1.27 3/2/2015 267.82 197.01 70.81 9/2/2015 301.75 267.82 271.47 197.01 30.28 70.81 171.90 3/2/2016 261.18 193.68 67.50 9/2/2016 315.37 261.18 277.33 193.68 38.04 67.50 173.04 3/2/2017 254.08 189.78 64.30 9/2/2017 329.00 254.08 283.19 189.78 45.81 64.30 174.41 3/2/2018 246.60 185.31 61.29 9/2/2018 344.58 246.60 292.96 185.31 51.62 61.29 174.20 3/2/2019 238.59 180.39 58.20 9/2/2019 360.15 238.59 302.72 180.39 57.43 58.20 173.83 3/2/2020 230.03 174.85 55.18 9/2/2020 377.67 230.03 312.49 174.85 65.18 55.18 175.54 3/2/2021 220.87 168.74 52.13 9/2/2021 395.19 220.87 324.21 168.74 70.98 52.13 175.24 3/2/2022 211.24 162.00 49.24 9/2/2022 414.66 211.24 337.88 162.00 76.78 49.24 175.26 3/2/2023 200.87 154.64 46.23 9/2/2023 436.07 200.87 353.50 154.64 82.57 46.23 175.03 3/2/2024 189.86 146.67 43.19 9/2/2024 457.49 189.86 369.13 146.67 88.36 43.19 174.74 3/2/2025 178.31 138.25 40.06 9/2/2025 480.85 178.31 386.70 138.25 94.15 40.06 174.27 3/2/2026 165.93 129.24 36.69 9/2/2026 504.21 165.93 404.28 129.24 99.93 36.69 173.31 3/2/2027 152.95 119.62 33.33 9/2/2027 531.47 152.95 423.81 119.62 107.66 33.33 174.32 3/2/2028 139.26 109.43 29.83 9/2/2028 558.72 139.26 445.30 109.43 113.42 29.83 173.08 3/2/2029 124.87 98.61 26.26 9/2/2029 587.92 124.87 466.78 98.61 121.14 26.26 173.66 3/2/2030 109.73 87.04 22.69 9/2/2030 617.12 109.73 488.26 87.04 128.86 22.69 174.24 3/2/2031 93.69 74.81 18.88 9/2/2031 650.22 93.69 513.65 74.81 136.57 18.88 174.33 3/2/2032 76.78 61.82 14.96 9/2/2032 683.31 76.78 539.04 61.82 144.27 14.96 174.19 3/2/2033 59.02 47.78 11.24 9/2/2033 718.35 59.02 568.34 47.78 150.01 11.24 172.49 3/2/2034 40.34 32.69 7.65 9/2/2034 755.34 40.34 597.63 32.69 157.71 7.65 173.01 3/2/2035 20.70 16.83 3.87 9/2/2035 796.22 20.70 630.84 16.83 165.38 3.87 173.12 Totals $11,184.12 $7,793.09 $9,023.10 $5,977.86 $2,161.03 $1,815.23 $3,976.26 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $9,236.81 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $284.98 $286.31 $0.00 $241.89 $284.98 $44.42 $329.40 3/2/2014 280.47 206.37 74.10 9/2/2014 296.94 280.47 443.85 206.37 (146.91) 74.10 1.29 3/2/2015 274.16 201.68 72.48 9/2/2015 308.89 274.16 277.90 201.68 30.99 72.48 175.95 3/2/2016 267.36 198.26 69.10 9/2/2016 322.84 267.36 283.90 198.26 38.94 69.10 177.14 3/2/2017 260.10 194.28 65.82 9/2/2017 336.79 260.10 289.90 194.28 46.89 65.82 178.53 3/2/2018 252.44 189.70 62.74 9/2/2018 352.74 252.44 299.90 189.70 52.84 62.74 178.32 3/2/2019 244.24 184.66 59.58 9/2/2019 368.68 244.24 309.89 184.66 58.79 59.58 177.95 3/2/2020 235.48 178.99 56.49 9/2/2020 386.62 235.48 319.89 178.99 66.73 56.49 179.71 3/2/2021 226.10 172.74 53.36 9/2/2021 404.55 226.10 331.89 172.74 72.66 53.36 179.38 3/2/2022 216.24 165.84 50.40 9/2/2022 424.48 216.24 345.88 165.84 78.60 50.40 179.40 3/2/2023 205.63 158.30 47.33 9/2/2023 446.40 205.63 361.87 158.30 84.53 47.33 179.19 3/2/2024 194.36 150.14 44.22 9/2/2024 468.32 194.36 377.87 150.14 90.45 44.22 178.89 3/2/2025 182.53 141.53 41.00 9/2/2025 492.24 182.53 395.86 141.53 96.38 41.00 178.38 3/2/2026 169.86 132.30 37.56 9/2/2026 516.15 169.86 413.86 132.30 102.29 37.56 177.41 3/2/2027 156.57 122.46 34.11 9/2/2027 544.05 156.57 433.85 122.46 110.20 34.11 178.42 3/2/2028 142.56 112.02 30.54 9/2/2028 571.95 142.56 455.84 112.02 116.11 30.54 177.19 3/2/2029 127.83 100.95 26.88 9/2/2029 601.85 127.83 477.83 100.95 124.02 26.88 177.78 3/2/2030 112.33 89.10 23.23 9/2/2030 631.74 112.33 499.83 89.10 131.91 23.23 178.37 3/2/2031 95.91 76.58 19.33 9/2/2031 665.62 95.91 525.82 76.58 139.80 19.33 178.46 3/2/2032 78.60 63.28 15.32 9/2/2032 699.50 78.60 551.81 63.28 147.69 15.32 178.33 3/2/2033 60.42 48.91 11.51 9/2/2033 735.37 60.42 581.80 48.91 153.57 11.51 176.59 3/2/2034 41.30 33.47 7.83 9/2/2034 773.23 41.30 611.79 33.47 161.44 7.83 177.10 3/2/2035 21.19 17.23 3.96 9/2/2035 815.08 21.19 645.78 17.23 169.30 3.96 177.22 Totals $11,449.01 $7,977.67 $9,236.81 $6,119.47 $2,212.20 $1,858.20 $4,070.40 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $9,296.18 Parcel Count with Same Reassessment: 2 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $286.81 $288.15 $0.00 $243.45 $286.81 $44.70 $331.51 3/2/2014 282.27 207.69 74.58 9/2/2014 298.85 282.27 446.70 207.69 (147.85) 74.58 1.31 3/2/2015 275.92 202.98 72.94 9/2/2015 310.88 275.92 279.69 202.98 31.19 72.94 177.07 3/2/2016 269.08 199.54 69.54 9/2/2016 324.92 269.08 285.73 199.54 39.19 69.54 178.27 3/2/2017 261.77 195.52 66.25 9/2/2017 338.96 261.77 291.76 195.52 47.20 66.25 179.70 3/2/2018 254.06 190.92 63.14 9/2/2018 355.00 254.06 301.82 190.92 53.18 63.14 179.46 3/2/2019 245.81 185.85 59.96 9/2/2019 371.05 245.81 311.88 185.85 59.17 59.96 179.09 3/2/2020 236.99 180.14 56.85 9/2/2020 389.10 236.99 321.95 180.14 67.15 56.85 180.85 3/2/2021 227.56 173.85 53.71 9/2/2021 407.15 227.56 334.02 173.85 73.13 53.71 180.55 3/2/2022 217.63 166.90 50.73 9/2/2022 427.21 217.63 348.10 166.90 79.11 50.73 180.57 3/2/2023 206.95 159.32 47.63 9/2/2023 449.27 206.95 364.20 159.32 85.07 47.63 180.33 3/2/2024 195.61 151.11 44.50 9/2/2024 471.33 195.61 380.30 151.11 91.03 44.50 180.03 3/2/2025 183.71 142.44 41.27 9/2/2025 495.40 183.71 398.41 142.44 96.99 41.27 179.53 3/2/2026 170.95 133.15 37.80 9/2/2026 519.47 170.95 416.52 133.15 102.95 37.80 178.55 3/2/2027 157.57 123.24 34.33 9/2/2027 547.55 157.57 436.64 123.24 110.91 34.33 179.57 3/2/2028 143.48 112.74 30.74 9/2/2028 575.63 143.48 458.77 112.74 116.86 30.74 178.34 3/2/2029 128.65 101.60 27.05 9/2/2029 605.71 128.65 480.91 101.60 124.80 27.05 178.90 3/2/2030 113.06 89.67 23.39 9/2/2030 635.80 113.06 503.04 89.67 132.76 23.39 179.54 3/2/2031 96.53 77.07 19.46 9/2/2031 669.90 96.53 529.20 77.07 140.70 19.46 179.62 3/2/2032 79.11 63.69 15.42 9/2/2032 703.99 79.11 555.36 63.69 148.63 15.42 179.47 3/2/2033 60.80 49.22 11.58 9/2/2033 740.09 60.80 585.54 49.22 154.55 11.58 177.71 3/2/2034 41.56 33.68 7.88 9/2/2034 778.20 41.56 615.72 33.68 162.48 7.88 178.24 3/2/2035 21.33 17.34 3.99 9/2/2035 820.32 21.33 649.93 17.34 170.39 3.99 178.37 Totals $11,522.59 $8,028.95 $9,296.18 $6,158.77 $2,226.40 $1,870.18 $4,096.58 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4,2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $9,361.50 Parcel Count with Same Reassessment: 160 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $288.83 $290.18 $0.00 $245.16 $288.83 $45.02 $333.85 3/2/2014 284.26 209.15 75.11 9/2/2014 300.95 284.26 449.84 209.15 (148.89) 75.11 1.33 3/2/2015 277.86 204.40 73.46 9/2/2015 313.06 277.86 281.66 204.40 31.40 73.46 178.32 3/2/2016 270.97 200.94 70.03 9/2/2016 327.20 270.97 287.73 200.94 39.47 70.03 179.53 3/2/2017 263.61 196.90 66.71 9/2/2017 341.34 263.61 293.81 196.90 47.53 66.71 180.95 3/2/2018 255.85 192.26 63.59 9/2/2018 357.50 255.85 303.94 192.26 53.56 63.59 180.74 3/2/2019 247.53 187.15 60.38 9/2/2019 373.66 247.53 314.08 187.15 59.58 60.38 180.34 3/2/2020 238.66 181.41 57.25 9/2/2020 391.84 238.66 324.21 181.41 67.63 57.25 182.13 3/2/2021 229.16 175.07 54.09 9/2/2021 410.01 229.16 336.37 175.07 73.64 54.09 181.82 3/2/2022 219.16 168.08 51.08 9/2/2022 430.21 219.16 350.55 168.08 79.66 51.08 181.82 3/2/2023 208.41 160.44 47.97 9/2/2023 452.43 208.41 366.76 160.44 85.67 47.97 181.61 3/2/2024 196.98 152.17 44.81 9/2/2024 474.65 196.98 382.97 152.17 91.68 44.81 181.30 3/2/2025 185.00 143.44 41.56 9/2/2025 498.88 185.00 401.21 143.44 97.67 41.56 180.79 3/2/2026 172.15 134.09 38.06 9/2/2026 523.12 172.15 419.44 134.09 103.68 38.06 179.80 3/2/2027 158.68 124.11 34.57 9/2/2027 551.40 158.68 439.71 124.11 111.69 34.57 180.83 3/2/2028 144.48 113.54 30.94 9/2/2028 579.67 144.48 462.00 113.54 117.67 30.94 179.55 3/2/2029 129.56 102.31 27.25 9/2/2029 609.97 129.56 484.29 102.31 125.68 27.25 180.18 3/2/2030 113.85 90.30 23.55 9/2/2030 640.27 113.85 506.57 90.30 133.70 23.55 180.80 3/2/2031 97.20 77.62 19.58 9/2/2031 674.60 97.20 532.92 77.62 141.68 19.58 180.84 3/2/2032 79.66 64.14 15.52 9/2/2032 708.94 79.66 559.26 64.14 149.68 15.52 180.72 3/2/2033 61.23 49.57 11.66 9/2/2033 745.30 61.23 589.65 49.57 155.65 11.66 178.97 3/2/2034 41.85 33.92 7.93 9/2/2034 783.67 41.85 620.05 33.92 163.62 7.93 179.48 3/2/2035 21.48 17.46 4.02 9/2/2035 826.09 21.48 654.49 17.46 171.60 4.02 179.64 Totals $11,603.59 $8,085.36 $9,361.50 $6,202.10 $2,242.08 $1,883.26 $4,125.34 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $9,361.51 Parcel Count with Same Reassessment: 157 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $288.83 $290.18 $0.00 $245.16 $288.83 $45.02 $333.85 3/2/2014 284.26 209.15 75.11 9/2/2014 300.95 284.26 449.84 209.15 (148.89) 75.11 1.33 3/2/2015 277.86 204.40 73.46 9/2/2015 313.06 277.86 281.66 204.40 31.40 73.46 178.32 3/2/2016 270.97 200.94 70.03 9/2/2016 327.20 270.97 287.73 200.94 39.47 70.03 179.53 3/2/2017 263.61 196.90 66.71 9/2/2017 341.34 263.61 293.81 196.90 47.53 66.71 180.95 3/2/2018 255.85 192.26 63.59 9/2/2018 357.50 255.85 303.95 192.26 53.55 63.59 180.73 3/2/2019 247.53 187.15 60.38 9/2/2019 373.66 247.53 314.08 187.15 59.58 60.38 180.34 3/2/2020 238.66 181.41 57.25 9/2/2020 391.84 238.66 324.21 181.41 67.63 57.25 182.13 3/2/2021 229.16 175.07 54.09 9/2/2021 410.01 229.16 336.37 175.07 73.64 54.09 181.82 3/2/2022 219.16 168.08 51.08 9/2/2022 430.21 219.16 350.55 168.08 79.66 51.08 181.82 3/2/2023 208.41 160.44 47.97 9/2/2023 452.43 208.41 366.76 160.44 85.67 47.97 181.61 3/2/2024 196.98 152.17 44.81 9/2/2024 474.65 196.98 382.97 152.17 91.68 44.81 181.30 3/2/2025 185.00 143.44 41.56 9/2/2025 498.88 185.00 401.21 143.44 97.67 41.56 180.79 3/2/2026 172.15 134.09 38.06 9/2/2026 523.12 172.15 419.44 134.09 103.68 38.06 179.80 3/2/2027 158.68 124.11 34.57 9/2/2027 551.40 158.68 439.71 124.11 111.69 34.57 180.83 3/2/2028 144.48 113.54 30.94 9/2/2028 579.67 144.48 462.00 113.54 117.67 30.94 179.55 3/2/2029 129.56 102.31 27.25 9/2/2029 609.97 129.56 484.29 102.31 125.68 27.25 180.18 3/2/2030 113.85 90.30 23.55 9/2/2030 640.27 113.85 506.58 90.30 133.69 23.55 180.79 3/2/2031 97.20 77.62 19.58 9/2/2031 674.60 97.20 532.92 77.62 141.68 19.58 180.84 3/2/2032 79.66 64.14 15.52 9/2/2032 708.94 79.66 559.26 64.14 149.68 15.52 180.72 3/2/2033 61.23 49.57 11.66 9/2/2033 745.30 61.23 589.65 49.57 155.65 11.66 178.97 3/2/2034 41.85 33.92 7.93 9/2/2034 783.67 41.85 620.05 33.92 163.62 7.93 179.48 3/2/2035 21.48 17.46 4.02 9/2/2035 826.09 21.48 654.50 17.46 171.59 4.02 179.63 Totals $11,603.59 $8,085.36 $9,361.51 $6,202.10 $2,242.05 $1,883.26 $4,125.31 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $9,361.69 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $288.83 $290.18 $0.00 $245.16 $288.83 $45.02 $333.85 3/2/2014 284.26 209.16 75.10 9/2/2014 300.95 284.26 449.85 209.16 (148.90) 75.10 1.30 3/2/2015 277.87 204.41 73.46 9/2/2015 313.07 277.87 281.66 204.41 31.41 73.46 178.33 3/2/2016 270.98 200.94 70.04 9/2/2016 327.21 270.98 287.74 200.94 39.47 70.04 179.55 3/2/2017 263.62 196.90 66.72 9/2/2017 341.35 263.62 293.82 196.90 47.53 66.72 180.97 3/2/2018 255.85 192.26 63.59 9/2/2018 357.51 255.85 303.95 192.26 53.56 63.59 180.74 3/2/2019 247.54 187.16 60.38 9/2/2019 373.66 247.54 314.08 187.16 59.58 60.38 180.34 3/2/2020 238.66 181.41 57.25 9/2/2020 391.84 238.66 324.21 181.41 67.63 57.25 182.13 3/2/2021 229.16 175.07 54.09 9/2/2021 410.02 229.16 336.37 175.07 73.65 54.09 181.83 3/2/2022 219.17 168.08 51.09 9/2/2022 430.22 219.17 350.56 168.08 79.66 51.09 181.84 3/2/2023 208.41 160.44 47.97 9/2/2023 452.44 208.41 366.77 160.44 85.67 47.97 181.61 3/2/2024 196.99 152.17 44.82 9/2/2024 474.66 196.99 382.98 152.17 91.68 44.82 181.32 3/2/2025 185.00 143.44 41.56 9/2/2025 498.89 185.00 401.22 143.44 97.67 41.56 180.79 3/2/2026 172.16 134.09 38.07 9/2/2026 523.13 172.16 419.45 134.09 103.68 38.07 179.82 3/2/2027 158.69 124.11 34.58 9/2/2027 551.41 158.69 439.72 124.11 111.69 34.58 180.85 3/2/2028 144.49 113.54 30.95 9/2/2028 579.69 144.49 462.01 113.54 117.68 30.95 179.58 3/2/2029 129.56 102.31 27.25 9/2/2029 609.98 129.56 484.30 102.31 125.68 27.25 180.18 3/2/2030 113.85 90.31 23.54 9/2/2030 640.28 113.85 506.58 90.31 133.70 23.54 180.78 3/2/2031 97.21 77.62 19.59 9/2/2031 674.62 97.21 532.93 77.62 141.69 19.59 180.87 3/2/2032 79.67 64.14 15.53 9/2/2032 708.95 79.67 559.27 64.14 149.68 15.53 180.74 3/2/2033 61.23 49.57 11.66 9/2/2033 745.31 61.23 589.66 49.57 155.65 11.66 178.97 3/2/2034 41.85 33.92 7.93 9/2/2034 783.69 41.85 620.06 33.92 163.63 7.93 179.49 3/2/2035 21.48 17.46 4.02 9/2/2035 826.10 21.48 654.51 17.46 171.59 4.02 179.63 Totals $11,603.81 $8,085.58 $9,361.69 $6,202.18 $2,242.11 $1,883.40 $4,125.51 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $9,361.75 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $288.83 $290.18 $0.00 $245.16 $288.83 $45.02 $333.85 3/2/2014 284.26 209.16 75.10 9/2/2014 300.95 284.26 449.85 209.16 (148.90) 75.10 1.30 3/2/2015 277.87 204.41 73.46 9/2/2015 313.07 277.87 281.66 204.41 31.41 73.46 178.33 3/2/2016 270.98 200.94 70.04 9/2/2016 327.21 270.98 287.74 200.94 39.47 70.04 179.55 3/2/2017 263.62 196.90 66.72 9/2/2017 341.35 263.62 293.82 196.90 47.53 66.72 180.97 3/2/2018 255.85 192.26 63.59 9/2/2018 357.51 255.85 303.95 192.26 53.56 63.59 180.74 3/2/2019 247.54 187.16 60.38 9/2/2019 373.67 247.54 314.08 187.16 59.59 60.38 180.35 3/2/2020 238.66 181.41 57.25 9/2/2020 391.85 238.66 324.22 181.41 67.63 57.25 182.13 3/2/2021 229.16 175.08 54.08 9/2/2021 410.02 229.16 336.37 175.08 73.65 54.08 181.81 3/2/2022 219.17 168.08 51.09 9/2/2022 430.22 219.17 350.56 168.08 79.66 51.09 181.84 3/2/2023 208.41 160.44 47.97 9/2/2023 452.44 208.41 366.77 160.44 85.67 47.97 181.61 3/2/2024 196.99 152.17 44.82 9/2/2024 474.66 196.99 382.98 152.17 91.68 44.82 181.32 3/2/2025 185.00 143.44 41.56 9/2/2025 498.90 185.00 401.22 143.44 97.68 41.56 180.80 3/2/2026 172.16 134.09 38.07 9/2/2026 523.13 172.16 419.45 134.09 103.68 38.07 179.82 3/2/2027 158.69 124.11 34.58 9/2/2027 551.41 158.69 439.72 124.11 111.69 34.58 180.85 3/2/2028 144.49 113.54 30.95 9/2/2028 579.69 144.49 462.01 113.54 117.68 30.95 179.58 3/2/2029 129.56 102.31 27.25 9/2/2029 609.99 129.56 484.30 102.31 125.69 27.25 180.19 3/2/2030 113.85 90.31 23.54 9/2/2030 640.28 113.85 506.59 90.31 133.69 23.54 180.77 3/2/2031 97.21 77.62 19.59 9/2/2031 674.62 97.21 532.93 77.62 141.69 19.59 180.87 3/2/2032 79.67 64.14 15.53 9/2/2032 708.96 79.67 559.27 64.14 149.69 15.53 180.75 3/2/2033 61.23 49.57 11.66 9/2/2033 745.31 61.23 589.67 49.57 155.64 11.66 178.96 3/2/2034 41.85 33.92 7.93 9/2/2034 783.69 41.85 620.06 33.92 163.63 7.93 179.49 3/2/2035 21.48 17.46 4.02 9/2/2035 826.11 21.48 654.51 17.46 171.60 4.02 179.64 Totals $11,603.87 $8,085.58 $9,361.75 $6,202.20 $2,242.14 $1,883.38 $4,125.52 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $9,400.05 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $290.02 $291.37 $0.00 $246.17 $290.02 $45.20 $335.22 3/2/2014 285.43 210.01 75.42 9/2/2014 302.18 285.43 451.69 210.01 (149.51) 75.42 1.33 3/2/2015 279.00 205.24 73.76 9/2/2015 314.35 279.00 282.82 205.24 31.53 73.76 179.05 3/2/2016 272.09 201.77 70.32 9/2/2016 328.55 272.09 288.92 201.77 39.63 70.32 180.27 3/2/2017 264.70 197.71 66.99 9/2/2017 342.75 264.70 295.02 197.71 47.73 66.99 181.71 3/2/2018 256.90 193.05 63.85 9/2/2018 358.97 256.90 305.20 193.05 53.77 63.85 181.47 3/2/2019 248.55 187.92 60.63 9/2/2019 375.20 248.55 315.37 187.92 59.83 60.63 181.09 3/2/2020 239.64 182.15 57.49 9/2/2020 393.45 239.64 325.54 182.15 67.91 57.49 182.89 3/2/2021 230.10 175.79 54.31 9/2/2021 411.70 230.10 337.75 175.79 73.95 54.31 182.57 3/2/2022 220.07 168.77 51.30 9/2/2022 431.98 220.07 351.99 168.77 79.99 51.30 182.59 3/2/2023 209.27 161.10 48.17 9/2/2023 454.29 209.27 368.27 161.10 86.02 48.17 182.36 3/2/2024 197.79 152.79 45.00 9/2/2024 476.60 197.79 384.55 152.79 92.05 45.00 182.05 3/2/2025 185.76 144.03 41.73 9/2/2025 500.94 185.76 402.86 144.03 98.08 41.73 181.54 3/2/2026 172.86 134.64 38.22 9/2/2026 525.27 172.86 421.17 134.64 104.10 38.22 180.54 3/2/2027 159.34 124.62 34.72 9/2/2027 553.67 159.34 441.52 124.62 112.15 34.72 181.59 3/2/2028 145.08 114.00 31.08 9/2/2028 582.06 145.08 463.90 114.00 118.16 31.08 180.32 3/2/2029 130.09 102.73 27.36 9/2/2029 612.48 130.09 486.28 102.73 126.20 27.36 180.92 3/2/2030 114.32 90.68 23.64 9/2/2030 642.90 114.32 508.66 90.68 134.24 23.64 181.52 3/2/2031 97.60 77.94 19.66 9/2/2031 677.38 97.60 535.11 77.94 142.27 19.66 181.59 3/2/2032 79.99 64.40 15.59 9/2/2032 711.86 79.99 561.56 64.40 150.30 15.59 181.48 3/2/2033 61.48 49.77 11.71 9/2/2033 748.36 61.48 592.08 49.77 156.28 11.71 179.70 3/2/2034 42.03 34.06 7.97 9/2/2034 786.90 42.03 622.60 34.06 164.30 7.97 180.24 3/2/2035 21.57 17.53 4.04 9/2/2035 829.49 21.57 657.19 17.53 172.30 4.04 180.38 Totals $11,651.35 $8,118.69 $9,400.05 $6,227.57 $2,251.30 $1,891.12^ $4,142.42 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $9,425.77 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $290.81 $292.17 $0.00 $246.84 $290.81 $45.33 $336.14 3/2/2014 286.21 210.59 75.62 9/2/2014 303.01 286.21 452.93 210.59 (149.92) 75.62 1.32 3/2/2015 279.77 205.81 73.96 9/2/2015 315.21 279.77 283.59 205.81 31.62 73.96 179.54 3/2/2016 272.83 202.32 70.51 9/2/2016 329.45 272.83 289.71 202.32 39.74 70.51 180.76 3/2/2017 265.42 198.25 67.17 9/2/2017 343.68 265.42 295.83 198.25 47.85 67.17 182.19 3/2/2018 257.60 193.58 64.02 9/2/2018 359.95 257.60 306.03 193.58 53.92 64.02 181.96 3/2/2019 249.23 188.44 60.79 9/2/2019 376.22 249.23 316.23 188.44 59.99 60.79 181.57 3/2/2020 240.30 182.65 57.65 9/2/2020 394.53 240.30 326.43 182.65 68.10 57.65 183.40 3/2/2021 230.73 176.27 54.46 9/2/2021 412.83 230.73 338.67 176.27 74.16 54.46 183.08 3/2/2022 220.67 169.23 51.44 9/2/2022 433.16 220.67 352.96 169.23 80.20 51.44 183.08 3/2/2023 209.84 161.54 48.30 9/2/2023 455.53 209.84 369.28 161.54 86.25 48.30 182.85 3/2/2024 198.34 153.21 45.13 9/2/2024 477.90 198.34 385.60 153.21 92.30 45.13 182.56 3/2/2025 186.27 144.42 41.85 9/2/2025 502.31 186.27 403.96 144.42 98.35 41.85 182.05 3/2/2026 173.33 135.01 38.32 9/2/2026 526.71 173.33 422.32 135.01 104.39 38.32 181.03 3/2/2027 159.77 124.96 34.81 9/2/2027 555.18 159.77 442.73 124.96 112.45 34.81 182.07 3/2/2028 145.48 114.32 31.16 9/2/2028 583.65 145.48 465.17 114.32 118.48 31.16 180.80 3/2/2029 130.45 103.01 27.44 9/2/2029 614.16 130.45 487.61 103.01 126.55 27.44 181.43 3/2/2030 114.63 90.92 23.71 9/2/2030 644.66 114.63 510.05 90.92 134.61 23.71 182.03 3/2/2031 97.87 78.15 19.72 9/2/2031 679.23 97.87 536.58 78.15 142.65 19.72 182.09 3/2/2032 80.21 64.58 15.63 9/2/2032 713.81 80.21 563.10 64.58 150.71 15.63 181.97 3/2/2033 61.65 49.91 11.74 9/2/2033 750.41 61.65 593.70 49.91 156.71 11.74 180.19 3/2/2034 42.14 34.15 7.99 9/2/2034 789.05 42.14 624.30 34.15 164.75 7.99 180.73 3/2/2035 21.63 17.58 4.05 9/2/2035 831.76 21.63 658.99 17.58 172.77 4.05 180.87 Totals $11,683.21 $8,140.91 $9,425.77 $6,244.64 $2,257.44 $1,896.27 $4,153.71 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $9,480.19 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $292.49 $293.85 $0.00 $248.27 $292.49 $45.58 $338.07 3/2/2014 287.86 211.80 76.06 9/2/2014 304.76 287.86 455.54 211.80 (150.78) 76.06 1.34 3/2/2015 281.38 206.99 74.39 9/2/2015 317.03 281.38 285.23 206.99 31.80 74.39 180.58 3/2/2016 274.41 203.49 70.92 9/2/2016 331.35 274.41 291.38 203.49 39.97 70.92 181.81 3/2/2017 266.95 199.40 67.55 9/2/2017 345.67 266.95 297.54 199.40 48.13 67.55 183.23 3/2/2018 259.09 194.70 64.39 9/2/2018 362.03 259.09 307.80 194.70 54.23 64.39 183.01 3/2/2019 250.67 189.53 61.14 9/2/2019 378.39 250.67 318.06 189.53 60.33 61.14 182.61 3/2/2020 241.68 183.71 57.97 9/2/2020 396.80 241.68 328.32 183.71 68.48 57.97 184.42 3/2/2021 232.06 177.29 54.77 9/2/2021 415.21 232.06 340.63 177.29 74.58 54.77 184.12 3/2/2022 221.94 170.21 51.73 9/2/2022 435.67 221.94 354.99 170.21 80.68 51.73 184.14 3/2/2023 211.05 162.47 48.58 9/2/2023 458.16 211.05 371.41 162.47 86.75 48.58 183.91 3/2/2024 199.48 154.10 45.38 9/2/2024 480.66 199.48 387.83 154.10 92.83 45.38 183.59 3/2/2025 187.34 145.26 42.08 9/2/2025 505.21 187.34 406.29 145.26 98.92 42.08 183.08 3/2/2026 174.34 135.79 38.55 9/2/2026 529.75 174.34 424.76 135.79 104.99 38.55 182.09 3/2/2027 160.69 125.68 35.01 9/2/2027 558.39 160.69 445.28 125.68 113.11 35.01 183.13 3/2/2028 146.32 114.98 31.34 9/2/2028 587.02 146.32 467.85 114.98 119.17 31.34 181.85 3/2/2029 131.20 103.61 27.59 9/2/2029 617.70 131.20 490.43 103.61 127.27 27.59 182.45 3/2/2030 115.29 91.45 23.84 9/2/2030 648.38 115.29 513.00 91.45 135.38 23.84 183.06 3/2/2031 98.44 78.60 19.84 9/2/2031 683.16 98.44 539.67 78.60 143.49 19.84 183.17 3/2/2032 80.67 64.95 15.72 9/2/2032 717.93 80.67 566.35 64.95 151.58 15.72 183.02 3/2/2033 62.01 50.20 11.81 9/2/2033 754.74 62.01 597.13 50.20 157.61 11.81 181.23 3/2/2034 42.38 34.35 8.03 9/2/2034 793.61 42.38 627.91 34.35 165.70 8.03 181.76 3/2/2035 21.75 17.68 4.07 9/2/2035 836.56 21.75 662.79 17.68 173.77 4.07 181.91 Totals $11,750.67 $8,187.85 $9,480.19 $6,280.75 $2,270.48 $1,907.10 $4,177.58 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $9,542.53 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $294.41 $295.79 $0.00 $249.90 $294.41 $45.89 $340.30 3/2/2014 289.75 213.20 76.55 9/2/2014 306.77 289.75 458.54 213.20 (151.77) 76.55 1.33 3/2/2015 283.23 208.36 (151.77) 74.87 9/2/2015 319.12 283.23 287.10 208.36 32.02 74.87 181.76 3/2/2016 276.21 204.83 71.38 9/2/2016 333.53 276.21 293.30 204.83 40.23 71.38 182.99 3/2/2017 268.71 200.71 68.00 9/2/2017 347.94 268.71 299.49 200.71 48.45 68.00 184.45 3/2/2018 260.79 195.98 64.81 9/2/2018 364.41 260.79 309.82 195.98 54.59 64.81 184.21 3/2/2019 252.32 190.77 61.55 9/2/2019 380.88 252.32 320.15 190.77 60.73 61.55 183.83 3/2/2020 243.27 184.92 58.35 9/2/2020 399.41 243.27 330.48 184.92 68.93 58.35 185.63 3/2/2021 233.59 178.46 55.13 9/2/2021 417.94 233.59 342.87 178.46 75.07 55.13 185.33 3/2/2022 223.40 171.33 52.07 9/2/2022 438.53 223.40 357.33 171.33 81.20 52.07 185.34 3/2/2023 212.44 163.54 48.90 9/2/2023 461.18 212.44 373.85 163.54 87.33 48.90 185.13 3/2/2024 200.79 155.11 45.68 9/2/2024 483.82 200.79 390.38 155.11 93.44 45.68 184.80 3/2/2025 188.58 146.21 42.37 9/2/2025 508.53 188.58 408.97 146.21 99.56 42.37 184.30 3/2/2026 175.48 136.68 38.80 9/2/2026 533.24 175.48 427.55 136.68 105.69 38.80 183.29 3/2/2027 161.75 126.51 35.24 9/2/2027 562.06 161.75 448.21 126.51 113.85 35.24 184.33 3/2/2028 147.28 115.73 31.55 9/2/2028 590.88 147.28 470.93 115.73 119.95 31.55 183.05 3/2/2029 132.06 104.29 27.77 9/2/2029 621.77 132.06 493.65 104.29 128.12 27.77 183.66 3/2/2030 116.05 92.05 24.00 9/2/2030 652.65 116.05 516.37 92.05 136.28 24.00 184.28 3/2/2031 99.08 79.12 19.96 9/2/2031 687.65 99.08 543.22 79.12 144.43 19.96 184.35 3/2/2032 81.20 65.38 15.82 9/2/2032 722.65 81.20 570.07 65.38 152.58 15.82 184.22 3/2/2033 62.42 50.53 11.89 9/2/2033 759.71 62.42 601.06 50.53 158.65 11.89 182.43 3/2/2034 42.66 34.57 8.09 9/2/2034 798.82 42.66 632.04 34.57 166.78 8.09 182.96 3/2/2035 21.89 17.80 4.09 9/2/2035 842.06 21.89 667.15 17.80 174.91 4.09 183.09 Totals $11,827.96 $8,241.69 $9,542.53 $6,322.06 $2,285.43 $1,919.63 $4,205.06 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $9,631.57 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $297.16 $298.55 $0.00 $252.23 $297.16 $46.32 $343.48 3/2/2014 292.46 215.19 77.27 9/2/2014 309.63 292.46 462.82 215.19 (153.19) 77.27 1.35 3/2/2015 285.88 210.30 75.58 9/2/2015 322.10 285.88 289.78 210.30 32.32 75.58 183.48 3/2/2016 278.79 206.74 72.05 9/2/2016 336.64 278.79 296.04 206.74 40.60 72.05 184.70 3/2/2017 271.22 202.58 68.64 9/2/2017 351.19 271.22 302.29 202.58 48.90 68.64 186.18 3/2/2018 263.23 197.80 65.43 9/2/2018 367.81 263.23 312.71 197.80 55.10 65.43 185.96 3/2/2019 254.67 192.55 62.12 9/2/2019 384.44 254.67 323.14 192.55 61.30 62.12 185.54 3/2/2020 245.54 186.64 58.90 9/2/2020 403.14 245.54 333.56 186.64 69.58 58.90 187.38 3/2/2021 235.77 180.12 55.65 9/2/2021 421.84 235.77 346.07 180.12 75.77 55.65 187.07 3/2/2022 225.49 172.93 52.56 9/2/2022 442.62 225.49 360.66 172.93 81.96 52.56 187.08 3/2/2023 214.42 165.06 49.36 9/2/2023 465.48 214.42 377.34 165.06 88.14 49.36 186.86 3/2/2024 202.67 156.56 46.11 9/2/2024 488.34 202.67 394.02 156.56 94.32 46.11 186.54 3/2/2025 190.34 147.57 42.77 9/2/2025 513.28 190.34 412.78 147.57 100.50 42.77 186.04 3/2/2026 177.12 137.96 39.16 9/2/2026 538.21 177.12 431.54 137.96 106.67 39.16 184.99 3/2/2027 163.26 127.69 35.57 9/2/2027 567.30 163.26 452.39 127.69 114.91 35.57 186.05 3/2/2028 148.65 116.81 31.84 9/2/2028 596.40 148.65 475.32 116.81 121.08 31.84 184.76 3/2/2029 133.29 105.26 28.03 9/2/2029 627.57 133.29 498.26 105.26 129.31 28.03 185.37 3/2/2030 117.13 92.91 24.22 9/2/2030 658.74 117.13 521.19 92.91 137.55 24.22 185.99 3/2/2031 100.01 79.86 20.15 9/2/2031 694.06 100.01 548.29 79.86 145.77 20.15 186.07 3/2/2032 81.96 65.99 15.97 9/2/2032 729.39 81.96 575.39 65.99 154.00 15.97 185.94 3/2/2033 63.00 51.00 12.00 9/2/2033 766.80 63.00 606.66 51.00 160.14 12.00 184.14 3/2/2034 43.06 34.90 8.16 9/2/2034 806.28 43.06 637.94 34.90 168.34 8.16 184.66 3/2/2035 22.10 17.96 4.14 9/2/2035 849.92 22.10 673.38 17.96 176.54 4.14 184.82 Totals $11,938.34 $8,318.67 $9,631.57 $6,380.99 $2,306.77 $1,937.68 $4,244.45 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $9,640.49 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $297.43 $298.82 $0.00 $252.46 $297.43 $46.36 $343.79 3/2/2014 292.73 215.38 77.35 9/2/2014 309.91 292.73 463.24 215.38 (153.33) 77.35 1.37 3/2/2015 286.14 210.49 75.65 9/2/2015 322.39 286.14 290.05 210.49 32.34 75.65 183.64 3/2/2016 279.05 206.93 72.12 9/2/2016 336.95 279.05 296.31 206.93 40.64 72.12 184.88 3/2/2017 271.47 202.77 68.70 9/2/2017 351.51 271.47 302.57 202.77 48.94 68.70 186.34 3/2/2018 263.47 197.99 65.48 9/2/2018 368.15 263.47 313.00 197.99 55.15 65.48 186.11 3/2/2019 254.91 192.73 62.18 9/2/2019 384.79 254.91 323.44 192.73 61.35 62.18 185.71 3/2/2020 245.77 186.81 58.96 9/2/2020 403.51 245.77 333.87 186.81 69.64 58.96 187.56 3/2/2021 235.99 180.29 55.70 9/2/2021 422.23 235.99 346.39 180.29 75.84 55.70 187.24 3/2/2022 225.69 173.09 52.60 9/2/2022 443.03 225.69 361.00 173.09 82.03 52.60 187.23 3/2/2023 214.62 165.22 49.40 9/2/2023 465.91 214.62 377.69 165.22 88.22 49.40 187.02 3/2/2024 202.85 156.70 46.15 9/2/2024 488.79 202.85 394.38 156.70 94.41 46.15 186.71 3/2/2025 190.51 147.71 42.80 9/2/2025 513.75 190.51 413.16 147.71 100.59 42.80 186.19 3/2/2026 177.28 138.09 39.19 9/2/2026 538.71 177.28 431.94 138.09 106.77 39.19 185.15 3/2/2027 163.41 127.81 35.60 9/2/2027 567.83 163.41 452.81 127.81 115.02 35.60 186.22 3/2/2028 148.79 116.92 31.87 9/2/2028 596.95 148.79 475.76 116.92 121.19 31.87 184.93 3/2/2029 133.42 105.36 28.06 9/2/2029 628.15 133.42 498.72 105.36 129.43 28.06 185.55 3/2/2030 117.24 92.99 24.25 9/2/2030 659.35 117.24 521.67 92.99 137.68 24.25 186.18 3/2/2031 100.10 79.93 20.17 9/2/2031 694.71 100.10 548.80 79.93 145.91 20.17 186.25 3/2/2032 82.04 66.05 15.99 9/2/2032 730.07 82.04 575.93 66.05 154.14 15.99 186.12 3/2/2033 63.06 51.05 12.01 9/2/2033 767.51 63.06 607.23 51.05 160.28 12.01 184.30 3/2/2034 43.10 34.93 8.17 9/2/2034 807.03 43.10 638.53 34.93 168.50 8.17 184.84 3/2/2035 22.12 17.98 4.14 9/2/2035 850.70 22.12 674.00 17.98 176.70 4.14 184.98 Totals $11,949.36 $8,326.34 $9,640.49 $6,386.90 $2,308.87 $1,939.44 $4,248.31 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $9,714.84 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $299.73 $301.13 $0.00 $254.41 $299.73 $46.72 $346.45 3/2/2014 294.98 217.05 77.93 9/2/2014 312.30 294.98 466.82 217.05 (154.52) 77.93 1.34 3/2/2015 288.35 212.12 76.23 9/2/2015 324.88 288.35 292.29 212.12 32.59 76.23 185.05 3/2/2016 281.20 208.52 72.68 9/2/2016 339.55 281.20 298.59 208.52 40.96 72.68 186.32 3/2/2017 273.56 204.33 69.23 9/2/2017 354.22 273.56 304.90 204.33 49.32 69.23 187.78 3/2/2018 265.50 199.51 65.99 9/2/2018 370.99 265.50 315.42 199.51 55.57 65.99 187.55 3/2/2019 256.88 194.22 62.66 9/2/2019 387.76 256.88 325.93 194.22 61.83 62.66 187.15 3/2/2020 247.67 188.25 59.42 9/2/2020 406.62 247.67 336.44 188.25 70.18 59.42 189.02 3/2/2021 237.81 181.68 56.13 9/2/2021 425.49 237.81 349.06 181.68 76.43 56.13 188.69 3/2/2022 227.43 174.42 53.01 9/2/2022 446.45 227.43 363.78 174.42 82.67 53.01 188.69 3/2/2023 216.27 166.49 49.78 9/2/2023 469.50 216.27 380.60 166.49 88.90 49.78 188.46 3/2/2024 204.42 157.91 46.51 9/2/2024 492.56 204.42 397.43 157.91 95.13 46.51 188.15 3/2/2025 191.98 148.85 43.13 9/2/2025 517.71 191.98 416.35 148.85 101.36 43.13 187.62 3/2/2026 178.65 139.15 39.50 9/2/2026 542.86 178.65 435.28 139.15 107.58 39.50 186.58 3/2/2027 164.67 128.79 35.88 9/2/2027 572.21 164.67 456.30 128.79 115.91 35.88 187.67 3/2/2028 149.94 117.82 32.12 9/2/2028 601.55 149.94 479.43 117.82 122.12 32.12 186.36 3/2/2029 134.45 106.17 28.28 9/2/2029 632.99 134.45 502.56 106.17 130.43 28.28 186.99 3/2/2030 118.15 93.71 24.44 9/2/2030 664.43 118.15 525.69 93.71 138.74 24.44 187.62 3/2/2031 100.87 80.55 20.32 9/2/2031 700.07 100.87 553.03 80.55 147.04 20.32 187.68 3/2/2032 82.67 66.56 16.11 9/2/2032 735.70 82.67 580.37 66.56 155.33 16.11 187.55 3/2/2033 63.54 51.44 12.10 9/2/2033 773.43 63.54 611.91 51.44 161.52 12.10 185.72 3/2/2034 43.43 35.20 8.23 9/2/2034 813.25 43.43 643.45 35.20 169.80 8.23 186.26 3/2/2035 22.29 18.12 4.17 9/2/2035 857.27 22.29 679.20 18.12 178.07 4.17 186.41 Totals $12,041.52 $8,390.55 $9,714.84 $6,436.13 $2,326.69 $1,954.42 $4,281.11 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4,2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $9,907.61 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $305.68 $307.10 $0.00 $259.46 $305.68 $47.64 $353.32 3/2/2014 300.84 221.35 79.49 9/2/2014 318.50 300.84 476.08 221.35 (157.58) 79.49 1.40 3/2/2015 294.07 216.33 77.74 9/2/2015 331.33 294.07 298.09 216.33 33.24 77.74 188.72 3/2/2016 286.78 212.66 74.12 9/2/2016 346.29 286.78 304.52 212.66 41.77 74.12 190.01 3/2/2017 278.99 208.38 70.61 9/2/2017 361.25 278.99 310.95 208.38 50.30 70.61 191.52 3/2/2018 270.77 203.47 67.30 9/2/2018 378.35 270.77 321.68 203.47 56.67 67.30 191.27 3/2/2019 261.97' 198.07 63.90 9/2/2019 395.45 261.97 332.40 198.07 63.05 63.90 190.85 3/2/2020 252.58 191.99 60.59 9/2/2020 414.69 252.58 343.12 191.99 71.57 60.59 192.75 3/2/2021 242.52 185.28 57.24 9/2/2021 433.93 242.52 355.99 185.28 77.94 57.24 192.42 3/2/2022 231.95 177.88 54.07 9/2/2022 455.31 231.95 371.00 177.88 84.31 54.07 192.45 3/2/2023 220.57 169.80 50.77 9/2/2023 478.82 220.57 388.16 169.80 90.66 50.77 192.20 3/2/2024 208.47 161.04 47.43 9/2/2024 502.33 208.47 405.31 161.04 97.02 47.43 191.88 3/2/2025 195.79 151.80 43.99 9/2/2025 527.99 195.79 424.61 151.80 103.38 43.99 191.36 3/2/2026 182.20 141.91 40.29 9/2/2026 553.64 182.20 443.91 141.91 109.73 40.29 190.31 3/2/2027 167.94 131.35 36.59 9/2/2027 583.56 167.94 465.36 131.35 118.20 36.59 191.38 3/2/2028 152.91 120.16 32.75 9/2/2028 613.49 152.91 488.95 120.16 124.54 32.75 190.04 3/2/2029 137.11 108.28 28.83 9/2/2029 645.55 137.11 512.54 108.28 133.01 28.83 190.67 3/2/2030 120.49 95.57 24.92 9/2/2030 677.62 120.49 536.13 95.57 141.49 24.92 191.33 3/2/2031 102.87 82.14 20.73 9/2/2031 713.96 102.87 564.00 82.14 149.96 20.73 191.42 3/2/2032 84.31 67.88 16.43 9/2/2032 750.30 84.31 591.88 67.88 158.42 16.43 191.28 3/2/2033 64.80 52.46 12.34 9/2/2033 788.77 64.80 624.05 52.46 164.72 12.34 189.40 3/2/2034 44.30 35.90 8.40 9/2/2034 829.39 44.30 656.22 35.90 173.17 8.40 189.97 3/2/2035 22.73 18.48 4.25 9/2/2035 874.28 22.73 692.67 18.48 181.61 4.25 190.11 Totals $12,280.48 $8,557.02 $9,907.61 $6,563.82 $2,372.86 $1,993.20 $4,366.06 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $9,910.58 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $305.77 $307.20 $0.00 $259.54 $305.77 $47.66 $353.43 3/2/2014 300.93 221.42 79.51 9/2/2014 318.60 300.93 476.22 221.42 (157.62) 79.51 1.40 3/2/2015 294.16 216.39 77.77 9/2/2015 331.43 294.16 298.18 216.39 33.25 77.77 188.79 3/2/2016 286.87 212.73 74.14 9/2/2016 346.39 286.87 304.61 212.73 41.78 74.14 190.06 3/2/2017 279.07 208.45 70.62 9/2/2017 361.36 279.07 311.05 208.45 50.31 70.62 191.55 3/2/2018 270.85 203.53 67.32 9/2/2018 378.47 270.85 321.77 203.53 56.70 67.32 191.34 3/2/2019 262.05 198.13 63.92 9/2/2019 395.57 262.05 332.50 198.13 63.07 63.92 190.91 3/2/2020 252.66 192.05 60.61 9/2/2020 414.82 252.66 343.22 192.05 71.60 60.61 192.82 3/2/2021 242.60 185.34 57.26 9/2/2021 434.06 242.60 356.09 185.34 77.97 57.26 192.49 3/2/2022 232.02 177.93 54.09 9/2/2022 455.44 232.02 371.11 177.93 84.33 54.09 192.51 3/2/2023 220.63 169.85 50.78 9/2/2023 478.96 220.63 388.27 169.85 90.69 50.78 192.25 3/2/2024 208.54 161.09 47.45 9/2/2024 502.49 208.54 405.43 161.09 97.06 47.45 191.96 3/2/2025 195.85 151.85 44.00 9/2/2025 528.14 195.85 424.74 151.85 103.40 44.00 191.40 3/2/2026 182.25 141.96 40.29 9/2/2026 553.80 182.25 444.05 141.96 109.75 40.29 190.33 3/2/2027 167.99 131.39 36.60 9/2/2027 583.74 167.99 465.50 131.39 118.24 36.60 191.44 3/2/2028 152.96 120.20 32.76 9/2/2028 613.67 152.96 489.09 120.20 124.58 32.76 190.10 3/2/2029 137.16 108.31 28.85 9/2/2029 645.75 137.16 512.69 108.31 133.06 28.85 190.76 3/2/2030 120.53 95.60 24.93 9/2/2030 677.82 120.53 536.29 95.60 141.53 24.93 191.39 3/2/2031 102.90 82.17 20.73 9/2/2031 714.17 102.90 564.17 82.17 150.00 20.73 191.46 3/2/2032 84.34 67.90 16.44 9/2/2032 750.52 84.34 592.06 67.90 158.46 16.44 191.34 3/2/2033 64.82 52.48 12.34 9/2/2033 789.01 64.82 624.24 52.48 164.77 12.34 189.45 3/2/2034 44.31 35.91 8.40 9/2/2034 829.64 44.31 656.42 35.91 173.22 8.40 190.02 3/2/2035 22.74 18.48 4.26 9/2/2035 874.54 22.74 692.88 18.48 181.66 4.26 190.18 Totals $12,284.16 $8,559.66 $9,910.58 $6,565.86 $2,373.58 $1,993.80 $4,367.38 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $10,005.56 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $308.70 $310.14 $0.00 $262.02 $308.70 $48.12 $356.82 3/2/2014 303.81 223.54 80.27 9/2/2014 321.65 303.81 480.79 223.54 (159.14) 80.27 1.40 3/2/2015 296.98 218.47 78.51 9/2/2015 334.60 296.98 301.03 218.47 33.57 78.51 190.59 3/2/2016 289.62 214.76 74.86 9/2/2016 349.71 289.62 307.53 214.76 42.18 74.86 191.90 3/2/2017 281.75 210.45 71.30 9/2/2017 364.82 281.75 314.03 210.45 50.79 71.30 193.39 3/2/2018 273.45 205.48 67.97 9/2/2018 382.09 273.45 324.86 205.48 57.23 67.97 193.17 3/2/2019 264.56 200.03 64.53 9/2/2019 399.36 264.56 335.68 200.03 63.68 64.53 192.74 3/2/2020 255.08 193.89 61.19 9/2/2020 418.79 255.08 346.51 193.89 72.28 61.19 194.66 3/2/2021 244.92 187.12 57.80 9/2/2021 438.22 244.92 359.51 187.12 78.71 57.80 194.31 3/2/2022 234.24 179.64 54.60 9/2/2022 459.81 234.24 374.67 179.64 85.14 54.60 194.34 3/2/2023 222.75 171.47 51.28 9/2/2023 483.55 222.75 391.99 171.47 91.56 51.28 194.12 3/2/2024 210.54 162.64 47.90 9/2/2024 507.30 210.54 409.32 162.64 97.98 47.90 193.78 3/2/2025 197.73 153.31 44.42 9/2/2025 533.21 197.73 428.81 153.31 104.40 44.42 193.24 3/2/2026 184.00 143.32 40.68 9/2/2026 559.11 184.00 448.30 143.32 110.81 40.68 192.17 3/2/2027 169.60 132.65 36.95 9/2/2027 589.33 169.60 469.96 132.65 119.37 36.95 193.27 3/2/2028 154.42 121.35 33.07 9/2/2028 619.55 154.42 493.78 121.35 125.77 33.07 191.91 3/2/2029 138.47 109.35 29.12 9/2/2029 651.94 138.47 517.60 109.35 134.34 29.12 192.58 3/2/2030 121.68 96.52 25.16 9/2/2030 684.32 121.68 541.43 96.52 142.89 25.16 193.21 3/2/2031 103.89 82.96 20.93 9/2/2031 721.02 103.89 569.58 82.96 151.44 20.93 193.30 3/2/2032 85.14 68.55 16.59 9/2/2032 757.71 85.14 597.73 68.55 159.98 16.59 193.16 3/2/2033 65.44 52.98 12.46 9/2/2033 796.57 65.44 630.22 52.98 166.35 12.46 191.27 3/2/2034 44.73 36.25 8.48 9/2/2034 837.59 44.73 662.71 36.25 174.88 8.48 191.84 3/2/2035 22.96 18.66 4.30 9/2/2035 882.92 22.96 699.52 18.66 183.40 4.30 192.00 Totals $12,401.87 $8,641.66 $10,005.56 $6,628.80 $2,396.31 $2,012.86 $4,409.17 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $10,222.24 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $315.38 $316.86 $0.00 $267.70 $315.38 $49.16 $364.54 3/2/2014 310.39 228.38 82.01 9/2/2014 328.62 310.39 491.20 228.38 (162.58) 82.01 1.44 3/2/2015 303.41 223.20 80.21 9/2/2015 341.85 303.41 307.55 223.20 34.30 80.21 194.72 3/2/2016 295.89 219.42 76.47 9/2/2016 357.29 295.89 314.19 219.42 43.10 76.47 196.04 3/2/2017 287.85 215.00 72.85 9/2/2017 372.73 287.85 320.83 215.00 51.90 72.85 197.60 3/2/2018 279.37 209.93 69.44 9/2/2018 390.37 279.37 331.89 209.93 58.48 69.44 197.36 3/2/2019 270.29 204.36 65.93 9/2/2019 408.01 270.29 342.95 204.36 65.06 65.93 196.92 3/2/2020 260.60 198.09 62.51 9/2/2020 427.86 260.60 354.02 198.09 73.84 62.51 198.86 3/2/2021 250.23 191.17 59.06 9/2/2021 447.71 250.23 367.29 191.17 80.42 59.06 198.54 3/2/2022 239.31 183.53 55.78 9/2/2022 469.77 239.31 382.78 183.53 86.99 55.78 198.55 3/2/2023 227.57 175.19 52.38 9/2/2023 494.03 227.57 400.48 175.19 93.55 52.38 198.31 3/2/2024 215.10 166.16 48.94 9/2/2024 518.29 215.10 418.18 166.16 100.11 48.94 197.99 3/2/2025 202.01 156.63 45.38 9/2/2025 544.75 202.01 438.10 156.63 106.65 45.38 197.41 3/2/2026 187.98 146.42 41.56 9/2/2026 571.22 187.98 458.01 146.42 113.21 41.56 196.33 3/2/2027 173.27 135.52 37.75 9/2/2027 602.09 173.27 480.14 135.52 121.95 37.75 197.45 3/2/2028 157.77 123.98 33.79 9/2/2028 632.97 157.77 504.47 123.98 128.50 33.79 196.08 3/2/2029 141.47 111.72 29.75 9/2/2029 666.05 141.47 528.81 111.72 137.24 29.75 196.74 3/2/2030 124.32 98.61 25.71 9/2/2030 699.14 124.32 553.15 98.61 145.99 25.71 197.41 3/2/2031 106.14 84.75 21.39 9/2/2031 736.63 106.14 581.92 84.75 154.71 21.39 197.49 3/2/2032 86.99 70.03 16.96 9/2/2032 774.12 86.99 610.68 70.03 163.44 16.96 197.36 3/2/2033 66.86 54.13 12.73 9/2/2033 813.82 66.86 643.87 54.13 169.95 12.73 195.41 3/2/2034 45.70 37.04 8.66 9/2/2034 855.72 45.70 677.06 37.04 178.66 8.66 195.98 3/2/2035 23.45 19.06 4.39 9/2/2035 902.04 23.45 714.67 19.06 187.37 4.39 196.15 Totals $12,670.46 $8,828.80 $10,222.24 $6,772.34 $2,448.22 $2,056.46 $4,504.68 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $10,225.19 Parcel Count with Same Reassessment: 3 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $315.47 $316.95 $0.00 $267.78 $315.47 $49.17 $364.64 3/2/2014 310.48 228.45 82.03 9/2/2014 328.71 310.48 491.34 228.45 (162.63) 82.03 1.43 3/2/2015 303.50 223.26 80.24 9/2/2015 341.95 303.50 307.64 223.26 34.31 80.24 194.79 3/2/2016 295.97 219.48 76.49 9/2/2016 357.39 295.97 314.28 219.48 43.11 76.49 196.09 3/2/2017 287.93 215.06 72.87 9/2/2017 372.83 287.93 320.92 215.06 51.91 72.87 197.65 3/2/2018 279.45 210.00 69.45 9/2/2018 390.48 279.45 331.99 210.00 58.49 69.45 197.39 3/2/2019 270.37 204.42 65.95 9/2/2019 408.13 270.37 343.05 204.42 65.08 65.95 196.98 3/2/2020 260.68 198.14 62.54 9/2/2020 427.99 260.68 354.12 198.14 73.87 62.54 198.95 3/2/2021 250.30 191.22 59.08 9/2/2021 447.84 250.30 367.40 191.22 80.44 59.08 198.60 3/2/2022 239.38 183.58 55.80 9/2/2022 469.90 239.38 382.89 183.58 87.01 55.80 198.61 3/2/2023 227.64 175.24 52.40 9/2/2023 494.17 227.64 400.60 175.24 93.57 52.40 198.37 3/2/2024 215.16 166.21 48.95 9/2/2024 518.44 215.16 418.30 166.21 100.14 48.95 198.04 3/2/2025 202.07 156.67 45.40 9/2/2025 544.91 202.07 438.22 156.67 106.69 45.40 197.49 3/2/2026 188.04 146.46 41.58 9/2/2026 571.38 188.04 458.14 146.46 113.24 41.58 196.40 3/2/2027 173.32 135.56 37.76 9/2/2027 602.27 173.32 480.27 135.56 122.00 37.76 197.52 3/2/2028 157.81 124.01 33.80 9/2/2028 633.15 157.81 504.62 124.01 128.53 33.80 196.13 3/2/2029 141.51 111.75 29.76 9/2/2029 666.25 141.51 528.97 111.75 137.28 29.76 196.80 3/2/2030 124.35 98.63 25.72 9/2/2030 699.34 124.35 553.31 98.63 146.03 25.72 197.47 3/2/2031 106.17 84.78 21.39 9/2/2031 736.84 106.17 582.08 84.78 154.76 21.39 197.54 3/2/2032 87.01 70.05 16.96 9/2/2032 774.35 87.01 610.86 70.05 163.49 16.96 197.41 3/2/2033 66.88 54.14 12.74 9/2/2033 814.06 66.88 644.05 54.14 170.01 12.74 195.49 3/2/2034 45.72 37.05 8.67 9/2/2034 855.97 45.72 677.25 37.05 178.72 8.67 196.06 3/2/2035 23.46 19.07 4.39 9/2/2035 902.30 23.46 714.88 19.07 187.42 4.39 196.20 Totals $12,674.12 $8,831.35 $10,225.19 $6,774.24 $2,448.94 $2,057.11 $4,506.05 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $10,228.17 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $315.57 $317.04 $0.00 $267.85 $315.57 $49.19 $364.76 3/2/2014 310.57 228.51 82.06 9/2/2014 328.81 310.57 491.48 228.51 (162.67) 82.06 1.45 3/2/2015 303.58 223.33 80.25 9/2/2015 342.05 303.58 307.73 223.33 34.32 80.25 194.82 3/2/2016 296.06 219.54 76.52 9/2/2016 357.49 296.06 314.37 219.54 43.12 76.52 196.16 3/2/2017 288.01 215.13 72.88 9/2/2017 372.94 288.01 321.01 215.13 51.93 72.88 197.69 3/2/2018 279.53 210.06 69.47 9/2/2018 390.60 279.53 332.08 210.06 58.52 69.47 197.46 3/2/2019 270.45 204.48 65.97 9/2/2019 408.25 270.45 343.15 204.48 65.10 65.97 197.04 3/2/2020 260.75 198.20 62.55 9/2/2020 428.11 260.75 354.22 198.20 73.89 62.55 198.99 3/2/2021 250.37 191.28 59.09 9/2/2021 447.97 250.37 367.51 191.28 80.46 59.09 198.64 3/2/2022 239.45 183.64 55.81 9/2/2022 470.04 239.45 383.00 183.64 87.04 55.81 198.66 3/2/2023 227.70 175.29 52.41 9/2/2023 494.31 227.70 400.71 175.29 93.60 52.41 198.42 3/2/2024 215.22 166.25 48.97 9/2/2024 518.59 215.22 418.43 166.25 100.16 48.97 198.10 3/2/2025 202.13 156.72 45.41 9/2/2025 545.07 202.13 438.35 156.72 106.72 45.41 197.54 3/2/2026 188.09 146.50 41.59 9/2/2026 571.55 188.09 458.28 146.50 113.27 41.59 196.45 3/2/2027 173.37 135.60 37.77 9/2/2027 602.44 173.37 480.41 135.60 122.03 37.77 197.57 3/2/2028 157.86 124.05 33.81 9/2/2028 633.34 157.86 504.77 124.05 128.57 33.81 196.19 3/2/2029 141.55 111.78 29.77 9/2/2029 666.44 141.55 529.12 111.78 137.32 29.77 196.86 3/2/2030 124.39 98.66 25.73 9/2/2030 699.54 124.39 553.47 98.66 146.07 25.73 197.53 3/2/2031 106.20 84.80 21.40 9/2/2031 737.06 106.20 582.25 84.80 154.81 21.40 197.61 3/2/2032 87.04 70.07 16.97 9/2/2032 774.57 87.04 611.03 70.07 163.54 16.97 197.48 3/2/2033 66.90 54.16 12.74 9/2/2033 814.29 66.90 644.24 54.16 170.05 12.74 195.53 3/2/2034 45.73 37.06 8.67 9/2/2034 856.22 45.73 677.45 37.06 178.77 8.67 196.11 3/2/2035 23.47 19.07 4.40 9/2/2035 902.56 23.47 715.09 19.07 187.47 4.40 196.27 Totals $12,677.81 $8,833.88 $10,228.17 $6,776.21 $2,449.66 $2,057.67 $4,507.33 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison of the Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $10,290.49 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $317.49 $318.97 $0.00 $269.49 $317.49 $49.48 $366.97 3/2/2014 312.46 229.91 82.55 9/2/2014 330.81 312.46 494.48 229.91 (163.67) 82.55 1.43 3/2/2015 305.43 224.69 80.74 9/2/2015 344.13 305.43 309.61 224.69 34.52 80.74 196.00 3/2/2016 297.86 220.88 76.98 9/2/2016 359.67 297.86 316.29 220.88 43.38 76.98 197.34 3/2/2017 289.77 216.44 73.33 9/2/2017 375.21 289.77 322.97 216.44 52.24 73.33 198.90 3/2/2018 281.23 211.34 69.89 9/2/2018 392.98 281.23 334.11 211.34 58.87 69.89 198.65 3/2/2019 272.10 205.73 66.37 9/2/2019 410.74 272.10 345.24 205.73 65.50 66.37 198.24 3/2/2020 262.34 199.41 62.93 9/2/2020 430.72 262.34 356.38 199.41 74.34 62.93 200.20 3/2/2021 251.90 192.44 59.46 9/2/2021 450.70 251.90 369.74 192.44 80.96 59.46 199.88 3/2/2022 240.91 184.76 56.15 9/2/2022 472.90 240.91 385.34 184.76 87.56 56.15 199.86 3/2/2023 229.09 176.36 52.73 9/2/2023 497.33 229.09 403.16 176.36 94.17 52.73 199.63 3/2/2024 216.53 167.27 49.26 9/2/2024 521.75 216.53 420.97 167.27 100.78 49.26 199.30 3/2/2025 203.36 157.67 45.69 9/2/2025 548.39 203.36 441.02 157.67 107.37 45.69 198.75 3/2/2026 189.24 147.40 41.84 9/2/2026 575.03 189.24 461.07 147.40 113.96 41.84 197.64 3/2/2027 174.43 136.43 38.00 9/2/2027 606.12 174.43 483.34 136.43 122.78 38.00 198.78 3/2/2028 158.82 124.80 34.02 9/2/2028 637.20 158.82 507.84 124.80 129.36 34.02 197.40 3/2/2029 142.41 112.46 29.95 9/2/2029 670.50 142.41 532.34 112.46 138.16 29.95 198.06 3/2/2030 125.15 99.26 25.89 9/2/2030 703.80 125.15 556.84 99.26 146.96 25.89 198.74 3/2/2031 106.85 85.32 21.53 9/2/2031 741.55 106.85 585.80 85.32 155.75 21.53 198.81 3/2/2032 87.57 70.50 17.07 9/2/2032 779.29 87.57 614.76 70.50 164.53 17.07 198.67 3/2/2033 67.31 54.49 12.82 9/2/2033 819.25 67.31 648.17 54.49 171.08 12.82 196.72 3/2/2034 46.01 37.28 8.73 9/2/2034 861.44 46.01 681.58 37.28 179.86 8.73 197.32 3/2/2035 23.61 19.19 4.42 9/2/2035 908.06 23.61 719.44 19.19 188.62 4.42 197.46 Totals $12,755.06 $8,887.73 $10,290.49 $6,817.55 $2,464.57 $2,070.18 $4,534.75 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $10,311.27 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $318.13 $319.62 $0.00 $270.03 $318.13 $49.59 $367.72 3/2/2014 313.09 230.37 82.72 9/2/2014 331.48 313.09 495.48 230.37 (164.00) 82.72 1.44 3/2/2015 306.05 225.14 80.91 9/2/2015 344.83 306.05 310.23 225.14 34.60 80.91 196.42 3/2/2016 298.46 221.33 77.13 9/2/2016 360.40 298.46 316.93 221.33 43.47 77.13 197.73 3/2/2017 290.36 216.88 73.48 9/2/2017 375.97 290.36 323.62 216.88 52.35 73.48 199.31 3/2/2018 281.80 211.76 70.04 9/2/2018 393.77 281.80 334.78 211.76 58.99 70.04 199.07 3/2/2019 272.65 206.14 66.51 9/2/2019 411.57 272.65 345.94 206.14 65.63 66.51 198.65 3/2/2020 262.87 199.81 63.06 9/2/2020 431.59 262.87 357.10 199.81 74.49 63.06 200.61 3/2/2021 252.41 192.83 59.58 9/2/2021 451.61 252.41 370.49 192.83 81.12 59.58 200.28 3/2/2022 241.40 185.13 56.27 9/2/2022 473.86 241.40 386.11 185.13 87.75 56.27 200.29 3/2/2023 229.55 176.71 52.84 9/2/2023 498.33 229.55 403.97 176.71 94.36 52.84 200.04 3/2/2024 216.97 167.60 49.37 9/2/2024 522.80 216.97 421.82 167.60 100.98 49.37 199.72 3/2/2025 203.77 157.99 45.78 9/2/2025 549.50 203.77 441.91 157.99 107.59 45.78 199.15 3/2/2026 189.62 147.69 41.93 9/2/2026 576.19 189.62 462.00 147.69 114.19 41.93 198.05 3/2/2027 174.78 136.70 38.08 9/2/2027 607.34 174.78 484.32 136.70 123.02 38.08 199.18 3/2/2028 159.14 125.06 34.08 9/2/2028 638.48 159.14 508.87 125.06 129.61 34.08 197.77 3/2/2029 142.70 112.69 30.01 9/2/2029 671.86 142.70 533.42 112.69 138.44 30.01 198.46 3/2/2030 125.40 99.47 25.93 9/2/2030 705.23 125.40 557.97 99.47 147.26 25.93 199.12 3/2/2031 107.07 85.49 21.58 9/2/2031 743.05 107.07 586.98 85.49 156.07 21.58 199.23 3/2/2032 87.75 70.64 17.11 9/2/2032 780.86 87.75 616.00 70.64 164.86 17.11 199.08 3/2/2033 67.44 54.60 12.84 9/2/2033 820.91 67.44 649.48 54.60 171.43 12.84 197.11 3/2/2034 46.10 37.36 8.74 9/2/2034 863.18 46.10 682.95 37.36 180.23 8.74 197.71 3/2/2035 23.66 19.23 4.43 9/2/2035 909.90 23.66 720.90 19.23 189.00 4.43 197.86 Totals $12,780.84 $8,905.70 $10,311.27 $6,831.27 $2,469.57 $2,074.43 $4,544.00 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $10,438.91 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $322.07 $323.57 $0.00 $273.37 $322.07 $50.20 $372.27 3/2/2014 316.97 233.22 83.75 9/2/2014 335.58 316.97 501.61 233.22 (166.03) 83.75 1.47 3/2/2015 309.84 227.93 81.91 9/2/2015 349.09 309.84 314.07 227.93 35.02 81.91 198.84 3/2/2016 302.16 224.07 78.09 9/2/2016 364.86 302.16 320.85 224.07 44.01 78.09 200.19 3/2/2017 293.95 219.56 74.39 9/2/2017 380.63 293.95 327.63 219.56 53.00 74.39 201.78 3/2/2018 285.29 214.38 70.91 9/2/2018 398.64 285.29 338.93 214.38 59.71 70.91 201.53 3/2/2019 276.02 208.69 67.33 9/2/2019 416.66 276.02 350.22 208.69 66.44 67.33 201.10 3/2/2020 266.13 202.29 63.84 9/2/2020 436.93 266.13 361.52 202.29 75.41 63.84 203.09 3/2/2021 255.53 195.22 60.31 9/2/2021 457.20 255.53 375.08 195.22 82.12 60.31 202.74 3/2/2022 244.39 187.42 56.97 9/2/2022 479.72 244.39 390.89 187.42 88.83 56.97 202.77 3/2/2023 232.39 178.90 53.49 9/2/2023 504.50 232.39 408.97 178.90 95.53 53.49 202.51 3/2/2024 219.65 169.68 49.97 9/2/2024 529.27 219.65 427.05 169.68 102.22 49.97 202.16 3/2/2025 206.29 159.94 46.35 9/2/2025 556.30 206.29 447.38 159.94 108.92 46.35 201.62 3/2/2026 191.97 149.52 42.45 9/2/2026 583.33 191.97 467.72 149.52 115.61 42.45 200.51 3/2/2027 176.94 138.39 38.55 9/2/2027 614.86 176.94 490.31 138.39 124.55 38.55 201.65 3/2/2028 161.11 126.60 34.51 9/2/2028 646.39 161.11 515.17 126.60 131.22 34.51 200.24 3/2/2029 144.47 114.09 30.38 9/2/2029 680.17 144.47 540.02 114.09 140.15 30.38 200.91 3/2/2030 126.95 100.70 26.25 9/2/2030 713.96 126.95 564.88 100.70 149.08 26.25 201.58 3/2/2031 108.39 86.55 21.84 9/2/2031 752.24 108.39 594.25 86.55 157.99 21.84 201.67 3/2/2032 88.83 71.52 17.31 9/2/2032 790.53 88.83 623.62 71.52 166.91 17.31 201.53 3/2/2033 68.28 55.28 13.00 9/2/2033 831.07 68.28 657.52 55.28 173.55 13.00 199.55 3/2/2034 46.67 37.82 8.85 9/2/2034 873.86 46.67 691.41 37.82 182.45 8.85 200.15 3/2/2035 23.95 19.47 4.48 9/2/2035 921.16 23.95 729.82 19.47 191.34 4.48 200.30 Totals $12,939.02 $9,015.91 $10,438.91 $6,915.85 $2,500.10 $2,100.06 $4,600.16 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $10,646.68 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $328.48 $330.01 $0.00 $278.81 $328.48 $51.20 $379.68 3/2/2014 323.28 237.87 85.41 9/2/2014 342.26 323.28 511.59 237.87 (169.33) 85.41 1.49 3/2/2015 316.01 232.46 83.55 9/2/2015 356.04 316.01 320.32 232.46 35.72 83.55 202.82 3/2/2016 308.17 228.53 79.64 9/2/2016 372.12 308.17 327.24 228.53 44.88 79.64 204.16 3/2/2017 299.80 223.93 75.87 9/2/2017 388.20 299.80 334.15 223.93 54.05 75.87 205.79 3/2/2018 290.97 218.65 72.32 9/2/2018 406.58 290.97 345.67 218.65 60.91 72.32 205.55 3/2/2019 281.52 212.85 68.67 9/2/2019 424.95 281.52 357.19 212.85 67.76 68.67 205.10 3/2/2020 271.42 206.31 65.11 9/2/2020 445.63 271.42 368.72 206.31 76.91 65.11 207.13 3/2/2021 260.62 199.11 61.51 9/2/2021 466.30 260.62 382.54 199.11 83.76 61.51 206.78 3/2/2022 249.25 191.15 58.10 9/2/2022 489.27 249.25 398.67 191.15 90.60 58.10 206.80 3/2/2023 237.02 182.46 54.56 9/2/2023 514.54 237.02 417.11 182.46 97.43 54.56 206.55 3/2/2024 224.03 173.06 50.97 9/2/2024 539.81 224.03 435.55 173.06 104.26 50.97 206.20 3/2/2025 210.40 163.13 47.27 9/2/2025 567.37 210.40 456.29 163.13 111.08 47.27 205.62 3/2/2026 195.79 152.50 43.29 9/2/2026 594.94 195.79 477.03 152.50 117.91 43.29 204.49 3/2/2027 180.47 141.15 39.32 9/2/2027 627.10 180.47 500.07 141.15 127.03 39.32 205.67 3/2/2028 164.32 129.12 35.20 9/2/2028 659.25 164.32 525.42 129.12 133.83 35.20 204.23 3/2/2029 147.34 116.36 30.98 9/2/2029 693.71 147.34 550.77 116.36 142.94 30.98 204.90 3/2/2030 129.48 102.70 26.78 9/2/2030 728.17 129.48 576.12 102.70 152.05 26.78 205.61 3/2/2031 110.55 88.27 22.28 9/2/2031 767.22 110.55 606.08 88.27 161.14 22.28 205.70 3/2/2032 90.60 72.94 17.66 9/2/2032 806.27 90.60 636.04 72.94 170.23 17.66 205.55 3/2/2033 69.64 56.38 13.26 9/2/2033 847.61 69.64 670.60 56.38 177.01 13.26 203.53 3/2/2034 47.60 38.57 9.03 9/2/2034 891.26 47.60 705.17 38.57 186.09 9.03 204.15 3/2/2035 24.43 19.85 4.58 9/2/2035 939.49 24.43 744.35 19.85 195.14 4.58 204.30 Totals $13,196.57 $9,195.43 $10,646.68 $7,053.51 $2,549.88 $2,141.92 $4,691.80 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $10,922.71 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $336.99 $338.57 $0.00 $286.04 $336.99 $52.53 $389.52 3/2/2014 331.66 244.03 87.63 9/2/2014 351.13 331.66 524.86 244.03 (173.73) 87.63 1.53 3/2/2015 324.20 238.49 85.71 9/2/2015 365.27 324.20 328.63 238.49 36.64 85.71 208.06 3/2/2016 316.16 234.45 81.71 9/2/2016 381.77 316.16 335.72 234.45 46.05 81.71 209.47 3/2/2017 307.57 229.74 77.83 9/2/2017 398.27 307.57 342.81 229.74 55.46 77.83 211.12 3/2/2018 298.51 224.32 74.19 9/2/2018 417.12 298.51 354.63 224.32 62.49 74.19 210.87 3/2/2019 288.81 218.36 70.45 9/2/2019 435.97 288.81 366.45 218.36 69.52 70.45 210.42 3/2/2020 278.46 211.66 66.80 9/2/2020 457.18 278.46 378.28 211.66 78.90 66.80 212.50 3/2/2021 267.37 204.27 63.10 9/2/2021 478.39 267.37 392.46 204.27 85.93 63.10 212.13 3/2/2022 255.71 196.11 59.60 9/2/2022 501.96 255.71 409.01 196.11 92.95 59.60 212.15 3/2/2023 243.16 187.19 55.97 9/2/2023 527.88 243.16 427.92 187.19 99.96 55.97 211.90 3/2/2024 229.83 177.54 52.29 9/2/2024 553.80 229.83 446.84 177.54 106.96 52.29 211.54 3/2/2025 215.85 167.36 48.49 9/2/2025 582.08 215.85 468.12 167.36 113.96 48.49 210.94 3/2/2026 200.86 156.45 44.41 9/2/2026 610.36 200.86 489.39 156.45 120.97 44.41 209.79 3/2/2027 185.15 144.81 40.34 9/2/2027 643.35 185.15 513.04 144.81 130.31 40.34 210.99 3/2/2028 168.58 132.47 36.11 9/2/2028 676.35 168.58 539.04 132.47 137.31 36.11 209.53 3/2/2029 151.16 119.37 31.79 9/2/2029 711.69 151.16 565.05 119.37 146.64 31.79 210.22 3/2/2030 132.84 105.36 27.48 9/2/2030 747.04 132.84 591.06 105.36 155.98 27.48 210.94 3/2/2031 113.41 90.56 22.85 9/2/2031 787.11 113.41 621.79 90.56 165.32 22.85 211.02 3/2/2032 92.95 74.83 18.12 9/2/2032 827.17 92.95 652.53 74.83 174.64 18.12 210.88 3/2/2033 71.44 57.84 13.60 9/2/2033 869.59 71.44 687.99 57.84 181.60 13.60 208.80 3/2/2034 48.83 39.57 9.26 9/2/2034 914.36 48.83 723.45 39.57 190.91 9.26 209.43 3/2/2035 25.06 20.37 4.69 9/2/2035 963.85 25.06 763.64 20.37 200.21 4.69 209.59 Totals $13,538.68 $9,433.71 $10,922.71 $7,236.34 $2,615.97 $2,197.37 $4,813.34 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $11,195.78 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $345.42 $347.03 $0.00 $293.19 $345.42 $53.84 $399.26 3/2/2014 339.95 250.13 89.82 9/2/2014 359.91 339.95 537.98 250.13 (178.07) 89.82 1.57 3/2/2015 332.30 244.45 87.85 9/2/2015 374.41 332.30 336.84 244.45 37.57 87.85 213.27 3/2/2016 324.07 240.31 83.76 9/2/2016 391.31 324.07 344.11 240.31 47.20 83.76 214.72 3/2/2017 315.26 235.48 79.78 9/2/2017 408.22 315.26 351.38 235.48 56.84 79.78 216.40 3/2/2018 305.97 229.93 76.04 9/2/2018 427.55 305.97 363.50 229.93 64.05 76.04 216.13 3/2/2019 296.03 223.82 72.21 9/2/2019 446.87 296.03 375.62 223.82 71.25 72.21 215.67 3/2/2020 285.42 216.95 68.47 9/2/2020 468.61 285.42 387.73 216.95 80.88 68.47 217.82 3/2/2021 274.06 209.37 64.69 9/2/2021 490.35 274.06 402.27 209.37 88.08 64.69 217.46 3/2/2022 262.11 201.01 61.10 9/2/2022 514.51 262.11 419.24 201.01 95.27 61.10 217.47 3/2/2023 249.24 191.87 57.37 9/2/2023 541.08 249.24 438.62 191.87 102.46 57.37 217.20 3/2/2024 235.58 181.98 53.60 9/2/2024 567.65 235.58 458.01 181.98 109.64 53.60 216.84 3/2/2025 221.25 171.54 49.71 9/2/2025 596.63 221.25 479.82 171.54 116.81 49.71 216.23 3/2/2026 205.88 160.36 45.52 9/2/2026 625.62 205.88 501.63 160.36 123.99 45.52 215.03 3/2/2027 189.77 148.43 41.34 9/2/2027 659.44 189.77 525.86 148.43 133.58 41.34 216.26 3/2/2028 172.79 135.78 37.01 9/2/2028 693.25 172.79 552.52 135.78 140.73 37.01 214.75 3/2/2029 154.94 122.36 32.58 9/2/2029 729.49 154.94 579.18 122.36 150.31 32.58 215.47 3/2/2030 136.16 108.00 28.16 9/2/2030 765.72 136.16 605.83 108.00 159.89 28.16 216.21 3/2/2031 116.25 92.82 23.43 9/2/2031 806.78 116.25 637.34 92.82 169.44 23.43 216.30 3/2/2032 95.27 76.70 18.57 9/2/2032 847.85 95.27 668.84 76.70 179.01 18.57 216.15 3/2/2033 73.23 59.28 13.95 9/2/2033 891.33 73.23 705.19 59.28 186.14 13.95 214.04 3/2/2034 50.05 40.56 9.49 9/2/2034 937.22 50.05 741.54 40.56 195.68 9.49 214.66 3/2/2035 25.69 20.88 4.81 9/2/2035 987.95 25.69 782.73 20.88 205.22 4.81 214.84 Totals $13,877.17 $9,669.57 $11,195.78 $7,417.21 $2,681.39 $2,252.36 $4,933.75 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $11,308.58 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $348.90 $350.53 $0.00 $296.15 $348.90 $54.38 $403.28 3/2/2014 343.38 252.65 90.73 9/2/2014 363.54 343.38 543.40 252.65 (179.86) 90.73 1.60 3/2/2015 335.65 246.92 88.73 9/2/2015 378.18 335.65 340.24 246.92 37.94 88.73 215.40 3/2/2016 327.33 242.73 84.60 9/2/2016 395.26 327.33 347.58 242.73 47.68 84.60 216.88 3/2/2017 318.44 237.85 80.59 9/2/2017 412.34 318.44 354.92 237.85 57.42 80.59 218.60 3/2/2018 309.06 232.25 76.81 9/2/2018 431.85 309.06 367.16 232.25 64.69 76.81 218.31 3/2/2019 299.02 226.08 72.94 9/2/2019 451.37 299.02 379.40 226.08 71.97 72.94 217.85 3/2/2020 288.30 219.14 69.16 9/2/2020 473.33 288.30 391.64 219.14 81.69 69.16 220.01 3/2/2021 276.82 211.48 65.34 9/2/2021 495.29 276.82 406.33 211.48 88.96 65.34 219.64 3/2/2022 264.75 203.03 61.72 9/2/2022 519.69 264.75 423.46 203.03 96.23 61.72 219.67 3/2/2023 251.75 193.80 57.95 9/2/2023 546.53 251.75 443.04 193.80 103.49 57.95 219.39 3/2/2024 237.95 183.82 54.13 9/2/2024 573.37 237.95 462.62 183.82 110.75 54.13 219.01 3/2/2025 223.48 173.27 50.21 9/2/2025 602.64 223.48 484.65 173.27 117.99 50.21 218.41 3/2/2026 207.96 161.98 45.98 9/2/2026 631.92 207.96 506.68 161.98 125.24 45.98 217.20 3/2/2027 191.69 149.92 41.77 9/2/2027 666.08 191.69 531.16 149.92 134.92 41.77 218.46 3/2/2028 174.53 137.15 37.38 9/2/2028 700.24 174.53 558.09 137.15 142.15 37.38 216.91 3/2/2029 156.50 123.59 32.91 9/2/2029 736.84 156.50 585.01 123.59 151.83 32.91 217.65 3/2/2030 137.53 109.09 28.44 9/2/2030 773.43 137.53 611.94 109.09 161.49 28.44 218.37 3/2/2031 117.42 93.76 23.66 9/2/2031 814.91 117.42 643.76 93.76 171.15 23.66 218.47 3/2/2032 96.23 77.48 18.75 9/2/2032 856.39 96.23 675.58 77.48 180.81 18.75 218.31 3/2/2033 73.97 59.88 14.09 9/2/2033 900.31 73.97 712.29 59.88 188.02 14.09 216.20 3/2/2034 50.56 40.97 9.59 9/2/2034 946.66 50.56 749.01 40.97 197.65 9.59 216.83 3/2/2035 25.95 21.09 4.86 9/2/2035 997.90 25.95 790.62 21.09 207.28 4.86 217.00 Totals $14,016.97 $9,767.07 $11,308.58 $7,492.01 $2,708.39 $2,275.06 $4,983.45 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $11,417.13 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $352.25 $353.89 $0.00 $298.99 $352.25 $54.90 $407.15 3/2/2014 346.67 255.08 91.59 9/2/2014 367.03 346.67 548.62 255.08 (181.59) 91.59 1.59 3/2/2015 338.87 249.29 89.58 9/2/2015 381.81 338.87 343.50 249.29 38.31 89.58 217.47 3/2/2016 330.47 245.06 85.41 9/2/2016 399.05 330.47 350.92 245.06 48.13 85.41 218.95 3/2/2017 321.49 240.13 81.36 9/2/2017 416.29 321.49 358.33 240.13 57.96 81.36 220.68 3/2/2018 312.02 234.47 77.55 9/2/2018 436.00 312.02 370.69 234.47 65.31 77.55 220.41 3/2/2019 301.89 228.25 73.64 9/2/2019 455.71 301.89 383.04 228.25 72.67 73.64 219.95 3/2/2020 291.06 221.24 69.82 9/2/2020 477.88 291.06 395.40 221.24 82.48 69.82 222.12 3/2/2021 279.48 213.51 65.97 9/2/2021 500.05 279.48 410.23 213.51 89.82 65.97 221.76 3/2/2022 267.29 204.98 62.31 9/2/2022 524.68 267.29 427.52 204.98 97.16 62.31 221.78 3/2/2023 254.17 195.67 58.50 9/2/2023 551.77 254.17 447.29 195.67 104.48 58.50 221.48 3/2/2024 240.24 185.58 54.66 9/2/2024 578.87 240.24 467.06 185.58 111.81 54.66 221.13 3/2/2025 225.62 174.93 50.69 9/2/2025 608.43 225.62 489.31 174.93 119.12 50.69 220.50 3/2/2026 209.95 163.53 46.42 9/2/2026 637.99 209.95 511.55 163.53 126.44 46.42 219.28 3/2/2027 193.53 151.36 42.17 9/2/2027 672.47 193.53 536.26 151.36 136.21 42.17 220.55 3/2/2028 176.21 138.47 37.74 9/2/2028 706.96 176.21 563.44 138.47 143.52 37.74 219.00 3/2/2029 158.01 124.78 33.23 9/2/2029 743.91 158.01 590.63 124.78 153.28 33.23 219.74 3/2/2030 138.85 110.13 28.72 9/2/2030 780.86 138.85 617.81 110.13 163.05 28.72 220.49 3/2/2031 118.55 94.66 23.89 9/2/2031 822.73 118.55 649.94 94.66 172.79 23.89 220.57 3/2/2032 97.16 78.22 18.94 9/2/2032 864.61 97.16 682.06 78.22 182.55 18.94 220.43 3/2/2033 74.68 60.46 14.22 9/2/2033 908.95 74.68 719.13 60.46 189.82 14.22 218.26 3/2/2034 51.04 41.37 9.67 9/2/2034 955.75 51.04 756.20 41.37 199.55 9.67 218.89 3/2/2035 26.19 21.29 4.90 9/2/2035 1.007.48 26.19 798.21 21.29 209.27 4.90 219.07 Totals $14,151.53 $9,860.77 $11,417.13 $7,563.91 $2,734.39 $2,296.86 $5,031.25 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $11,485.00 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $354.34 $356.00 $0.00 $300.77 $354.34 $55.23 $409.57 3/2/2014 348.73 256.59 92.14 9/2/2014 369.21 348.73 551.88 256.59 (182.67) 92.14 1.61 3/2/2015 340.89 250.77 90.12 9/2/2015 384.08 340.89 345.54 250.77 38.54 90.12 218.78 3/2/2016 332.44 246.52 85.92 9/2/2016 401.42 332.44 353.00 246.52 48.42 85.92 220.26 3/2/2017 323.41 241.56 81.85 9/2/2017 418.77 323.41 360.46 241.56 58.31 81.85 222.01 3/2/2018 313.88 235.87 78.01 9/2/2018 438.59 313.88 372.89 235.87 65.70 78.01 221.72 3/2/2019 303.68 229.61 74.07 9/2/2019 458.42 303.68 385.32 229.61 73.10 74.07 221.24 3/2/2020 292.79 222.56 70.23 9/2/2020 480.72 292.79 397.75 222.56 82.97 70.23 223.43 3/2/2021 281.14 214.78 66.36 9/2/2021 503.02 281.14 412.66 214.78 90.36 66.36 223.08 3/2/2022 268.88 206.20 62.68 9/2/2022 527.80 268.88 430.07 206.20 97.73 62.68 223.09 3/2/2023 255.68 196.83 58.85 9/2/2023 555.05 255.68 449.95 196.83 105.10 58.85 222.80 3/2/2024 241.67 186.68 54.99 9/2/2024 582.31 241.67 469.84 186.68 112.47 54.99 222.45 3/2/2025 226.96 175.97 50.99 9/2/2025 612.05 226.96 492.21 175.97 119.84 50.99 221.82 3/2/2026 211.20 164.51 46.69 9/2/2026 641.78 211.20 514.59 164.51 127.19 46.69 220.57 3/2/2027 194.68 152.26 42.42 9/2/2027 676.47 194.68 539.45 152.26 137.02 42.42 221.86 3/2/2028 177.26 139.29 37.97 9/2/2028 711.16 177.26 566.79 139.29 144.37 37.97 220.31 3/2/2029 158.94 125.52 33.42 9/2/2029 748.33 158.94 594.14 125.52 154.19 33.42 221.03 3/2/2030 139.68 110.79 28.89 9/2/2030 785.50 139.68 621.48 110.79 164.02 28.89 221.80 3/2/2031 119.25 95.22 24.03 9/2/2031 827.63 119.25 653.80 95.22 173.83 24.03 221.89 3/2/2032 97.73 78.68 19.05 9/2/2032 869.75 97.73 686.12 78.68 183.63 19.05 221.73 3/2/2033 75.12 60.81 14.31 9/2/2033 914.35 75.12 723.41 60.81 190.94 14.31 219.56 3/2/2034 51.35 41.61 9.74 9/2/2034 961.43 51.35 760.69 41.61 200.74 9.74 220.22 3/2/2035 26.35 21.42 4.93 9/2/2035 1.013.47 26.35 802.96 21.42 210.51 4.93 220.37 Totals $14,235.65 $9,919.42 $11,485.00 $7,608.87 $2,750.65 $2,310.55 $5,061.20 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison of the Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $11,613.28 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $358.30 $359.97 $0.00 $304.13 $358.30 $55.84 $414.14 3/2/2014 352.63 259.46 93.17 9/2/2014 373.33 352.63 558.04 259.46 (184.71) 93.17 1.63 3/2/2015 344.70 253.57 91.13 9/2/2015 388.37 344.70 349.40 253.57 38.97 91.13 221.23 3/2/2016 336.15 249.27 86.88 9/2/2016 405.91 336.15 356.95 249.27 48.96 86.88 222.72 3/2/2017 327.02 244.26 82.76 9/2/2017 423.45 327.02 364.49 244.26 58.96 82.76 224.48 3/2/2018 317.39 238.50 78.89 9/2/2018 443.49 317.39 377.05 238.50 66.44 78.89 224.22 3/2/2019 307.07 232.17 74.90 9/2/2019 463.54 307.07 389.62 232.17 73.92 74.90 223.72 3/2/2020 296.06 225.04 71.02 9/2/2020 486.09 296.06 402.19 225.04 83.90 71.02 225.94 3/2/2021 284.28 217.18 67.10 9/2/2021 508.64 284.28 417.27 217.18 91.37 67.10 225.57 3/2/2022 271.88 208.50 63.38 9/2/2022 533.69 271.88 434.87 208.50 98.82 63.38 225.58 3/2/2023 258.54 199.03 59.51 9/2/2023 561.25 258.54 454.98 199.03 106.27 59.51 225.29 3/2/2024 244.37 188.77 55.60 9/2/2024 588.82 244.37 475.09 188.77 113.73 55.60 224.93 3/2/2025 229.50 177.94 51.56 9/2/2025 618.88 229.50 497.71 177.94 121.17 51.56 224.29 3/2/2026 213.56 166.34 47.22 9/2/2026 648.95 213.56 520.34 166.34 128.61 47.22 223.05 3/2/2027 196.85 153.96 42.89 9/2/2027 684.03 196.85 545.47 153.96 138.56 42.89 224.34 3/2/2028 179.24 140.85 38.39 9/2/2028 719.11 179.24 573.12 140.85 145.99 38.39 222.77 3/2/2029 160.72 126.92 33.80 9/2/2029 756.69 160.72 600.77 126.92 155.92 33.80 223.52 3/2/2030 141.24 112.02 29.22 9/2/2030 794.27 141.24 628.42 112.02 165.85 29.22 224.29 3/2/2031 120.58 96.29 24.29 9/2/2031 836.87 120.58 661.10 96.29 175.77 24.29 224.35 3/2/2032 98.83 79.56 19.27 9/2/2032 879.46 98.83 693.78 79.56 185.68 19.27 224.22 3/2/2033 75.96 61.49 14.47 9/2/2033 924.57 75.96 731.49 61.49 193.08 14.47 222.02 3/2/2034 51.92 42.08 9.84 9/2/2034 972.17 51.92 769.19 42.08 202.98 9.84 222.66 3/2/2035 26.64 21.66 4.98 9/2/2035 1.024.79 26.64 811.92 21.66 212.87 4.98 222.83 Totals $14,394.67 $10,030.23 $11,613.28 $7,693.85 $2,781.41 $2,336.38 $5,117.79 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $12,046.86 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $371.68 $373.41 $0.00 $315.48 $371.68 $57.93 $429.61 3/2/2014 365.79 269.15 96.64 9/2/2014 387.27 365.79 578.88 269.15 (191.61) 96.64 1.67 3/2/2015 357.56 263.04 94.52 9/2/2015 402.87 357.56 362.45 263.04 40.42 94.52 229.46 3/2/2016 348.70 258.58 90.12 9/2/2016 421.06 348.70 370.27 258.58 50.79 90.12 231.03 3/2/2017 339.23 253.38 85.85 9/2/2017 439.26 339.23 378.09 253.38 61.17 85.85 232.87 3/2/2018 329.23 247.41 81.82 9/2/2018 460.05 329.23 391.13 247.41 68.92 81.82 232.56 3/2/2019 318.54 240.84 77.70 9/2/2019 480.84 318.54 404.17 240.84 76.67 77.70 232.07 3/2/2020 307.12 233.44 73.68 9/2/2020 504.23 307.12 417.21 233.44 87.02 73.68 234.38 3/2/2021 294.89 225.29 69.60 9/2/2021 527.63 294.89 432.85 225.29 94.78 69.60 233.98 3/2/2022 282.03 216.29 65.74 9/2/2022 553.62 282.03 451.11 216.29 102.51 65.74 233.99 3/2/2023 268.19 206.46 61.73 9/2/2023 582.21 268.19 471.97 206.46 110.24 61.73 233.70 3/2/2024 253.49 195.82 57.67 9/2/2024 610.80 253.49 492.83 195.82 117.97 57.67 233.31 3/2/2025 238.07 184.58 53.49 9/2/2025 641.99 238.07 516.29 184.58 125.70 53.49 232.68 3/2/2026 221.53 172.55 48.98 9/2/2026 673.18 221.53 539.76 172.55 133.42 48.98 231.38 3/2/2027 204.20 159.71 44.49 9/2/2027 709.57 204.20 565.84 159.71 143.73 44.49 232.71 3/2/2028 185.93 146.10 39.83 9/2/2028 745.95 185.93 594.52 146.10 151.43 39.83 231.09 3/2/2029 166.72 131.66 35.06 9/2/2029 784.94 166.72 623.20 131.66 161.74 35.06 231.86 3/2/2030 146.51 116.21 30.30 9/2/2030 823.93 146.51 651.89 116.21 172.04 30.30 232.64 3/2/2031 125.09 99.88 25.21 9/2/2031 868.11 125.09 685.78 99.88 182.33 25.21 232.75 3/2/2032 102.52 82.53 19.99 9/2/2032 912.30 102.52 719.68 82.53 192.62 19.99 232.60 3/2/2033 78.80 63.79 15.01 9/2/2033 959.08 78.80 758.80 63.79 200.28 15.01 230.30 3/2/2034 53.86 43.65 10.21 9/2/2034 1,008.47 53.86 797.91 43.65 210.56 10.21 230.98 3/2/2035 27.64 22.47 5.17 9/2/2035 1.063.05 27.64 842.24 22.47 220.81 5.17 231.15 Totals $14,932.09 $10,404.69 $12,046.86 $7,981.14 $2,885.22 $2,423.55 $5,308.77 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $12,046.87 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $371.68 $373.41 $0.00 $315.48 $371.68 $57.93 $429.61 3/2/2014 365.79 269.15 96.64 9/2/2014 387.27 365.79 578.88 269.15 (191.61) 96.64 1.67 3/2/2015 357.56 263.04 94.52 9/2/2015 402.87 357.56 362.45 263.04 40.42 94.52 229.46 3/2/2016 348.70 258.58 90.12 9/2/2016 421.06 348.70 370.27 258.58 50.79 90.12 231.03 3/2/2017 339.23 253.38 85.85 9/2/2017 439.26 339.23 378.09 253.38 61.17 85.85 232.87 3/2/2018 329.23 247.41 81.82 9/2/2018 460.05 329.23 391.13 247.41 68.92 81.82 232.56 3/2/2019 318.54 240.84 77.70 9/2/2019 480.84 318.54 404.17 240.84 76.67 77.70 232.07 3/2/2020 307.12 233.44 73.68 9/2/2020 504.23 307.12 417.21 233.44 87.02 73.68 234.38 3/2/2021 294.89 225.29 69.60 9/2/2021 527.63 294.89 432.85 225.29 94.78 69.60 233.98 3/2/2022 282.03 216.29 65.74 9/2/2022 553.62 282.03 451.11 216.29 102.51 65.74 233.99 3/2/2023 268.19 206.46 61.73 9/2/2023 582.21 268.19 471.97 206.46 110.24 61.73 233.70 3/2/2024 253.49 195.82 57.67 9/2/2024 610.80 253.49 492.83 195.82 117.97 57.67 233.31 3/2/2025 238.07 184.58 53.49 9/2/2025 641.99 238.07 516.29 184.58 125.70 53.49 232.68 3/2/2026 221.53 172.55 48.98 9/2/2026 673.18 221.53 539.76 172.55 133.42 48.98 231.38 3/2/2027 204.20 159.71 44.49 9/2/2027 709.57 204.20 565.84 159.71 143.73 44.49 232.71 3/2/2028 185.93 146.10 39.83 9/2/2028 745.95 185.93 594.52 146.10 151.43 39.83 231.09 3/2/2029 166.72 131.66 35.06 9/2/2029 784.94 166.72 623.20 131.66 161.74 35.06 231.86 3/2/2030 146.51 116.21 30.30 9/2/2030 823.93 146.51 651.89 116.21 172.04 30.30 232.64 3/2/2031 125.09 99.88 25.21 9/2/2031 868.11 125.09 685.78 99.88 182.33 25.21 232.75 3/2/2032 102.52 82.53 19.99 9/2/2032 912.30 102.52 719.68 82.53 192.62 19.99 232.60 3/2/2033 78.80 63.79 15.01 9/2/2033 959.08 78.80 758.80 63.79 200.28 15.01 230.30 3/2/2034 53.86 43.65 10.21 9/2/2034 1,008.47 53.86 797.91 43.65 210.56 10.21 230.98 3/2/2035 27.64 22.47 5.17 9/2/2035 1,063.05 27.64 842.24 22.47 220.81 5.17 231.15 Totals $14,932.09 $10,404.69 $12,046.87 $7,981.14 $2,885.22 $2,423.55 $5,308.77 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $12,171.87 Parcel Count with Same Reassessment: 2 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $375.53 $377.29 $0.00 $318.75 $375.53 $58.54 $434.07 3/2/2014 369.59 271.94 97.65 9/2/2014 391.29 369.59 584.88 271.94 (193.59) 97.65 1.71 3/2/2015 361.27 265.77 95.50 9/2/2015 407.05 361.27 366.21 265.77 40.84 95.50 231.84 3/2/2016 352.32 261.26 91.06 9/2/2016 425.43 352.32 374.11 261.26 51.32 91.06 233.44 3/2/2017 342.75 256.01 86.74 9/2/2017 443.81 342.75 382.02 256.01 61.79 86.74 235.27 3/2/2018 332.65 249.97 82.68 9/2/2018 464.82 332.65 395.19 249.97 69.63 82.68 234.99 3/2/2019 321.84 243.34 78.50 9/2/2019 485.83 321.84 408.36 243.34 77.47 78.50 234.47 3/2/2020 310.31 235.87 74.44 9/2/2020 509.47 310.31 421.54 235.87 87.93 74.44 236.81 3/2/2021 297.95 227.63 70.32 9/2/2021 533.10 297.95 437.34 227.63 95.76 70.32 236.40 3/2/2022 284.96 218.53 66.43 9/2/2022 559.36 284.96 455.79 218.53 103.57 66.43 236.43 3/2/2023 270.97 208.60 62.37 9/2/2023 588.25 270.97 476.86 208.60 111.39 62.37 236.13 3/2/2024 256.12 197.85 58.27 9/2/2024 617.14 256.12 497.94 197.85 119.20 58.27 235.74 3/2/2025 240.54 186.50 54.04 9/2/2025 648.65 240.54 521.65 186.50 127.00 54.04 235.08 3/2/2026 223.83 174.35 49.48 9/2/2026 680.16 223.83 545.36 174.35 134.80 49.48 233.76 3/2/2027 206.32 161.37 44.95 9/2/2027 716.93 206.32 571.71 161.37 145.22 44.95 235.12 3/2/2028 187.86 147.62 40.24 9/2/2028 753.69 187.86 600.69 147.62 153.00 40.24 233.48 3/2/2029 168.45 133.03 35.42 9/2/2029 793.09 168.45 629.67 133.03 163.42 35.42 234.26 3/2/2030 148.03 117.41 30.62 9/2/2030 832.48 148.03 658.65 117.41 173.83 30.62 235.07 3/2/2031 126.38 100.92 25.46 9/2/2031 877.12 126.38 692.90 100.92 184.22 25.46 235.14 3/2/2032 103.58 83.39 20.19 9/2/2032 921.77 103.58 727.15 83.39 194.62 20.19 235.00 3/2/2033 79.61 64.45 15.16 9/2/2033 969.04 79.61 766.67 64.45 202.37 15.16 232.69 3/2/2034 54.42 44.10 10.32 9/2/2034 1,018.93 54.42 806.19 44.10 212.74 10.32 233.38 3/2/2035 27.93 22.70 5.23 9/2/2035 1.074.08 27.93 850.98 22.70 223.10 5.23 233.56 Totals $15,087.02 $10,512.65 $12,171.87 $8,063.97 $2,915.16 $2,448.68 $5,363.84 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison of the Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $12,187.11 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $376.00 $377.76 $0.00 $319.15 $376.00 $58.61 $434.61 3/2/2014 370.05 272.28 97.77 9/2/2014 391.78 370.05 585.61 272.28 (193.83) 97.77 1.71 3/2/2015 361.73 266.10 95.63 9/2/2015 407.56 361.73 366.67 266.10 40.89 95.63 232.15 3/2/2016 352.76 261.59 91.17 9/2/2016 425.96 352.76 374.58 261.59 51.38 91.17 233.72 3/2/2017 343.18 256.33 86.85 9/2/2017 444.37 343.18 382.50 256.33 61.87 86.85 235.57 3/2/2018 333.07 250.29 82.78 9/2/2018 465.40 333.07 395.69 250.29 69.71 82.78 235.27 3/2/2019 322.25 243.64 78.61 9/2/2019 486.44 322.25 408.87 243.64 77.57 78.61 234.79 3/2/2020 310.69 236.16 74.53 9/2/2020 510.10 310.69 422.06 236.16 88.04 74.53 237.10 3/2/2021 298.32 227.91 70.41 9/2/2021 533.77 298.32 437.89 227.91 95.88 70.41 236.70 3/2/2022 285.31 218.81 66.50 9/2/2022 560.06 285.31 456.36 218.81 103.70 66.50 236.70 3/2/2023 271.31 208.86 62.45 9/2/2023 588.99 271.31 477.46 208.86 111.53 62.45 236.43 3/2/2024 256.44 198.10 58.34 9/2/2024 617.91 256.44 498.56 198.10 119.35 58.34 236.03 3/2/2025 240.84 186.73 54.11 9/2/2025 649.46 240.84 522.30 186.73 127.16 54.11 235.38 3/2/2026 224.11 174.56 49.55 9/2/2026 681.02 224.11 546.05 174.56 134.97 49.55 234.07 3/2/2027 206.58 161.57 45.01 9/2/2027 717.83 206.58 572.42 161.57 145.41 45.01 235.43 3/2/2028 188.09 147.81 40.28 9/2/2028 754.64 188.09 601.44 147.81 153.20 40.28 233.76 3/2/2029 168.66 133.19 35.47 9/2/2029 794.08 168.66 630.46 133.19 163.62 35.47 234.56 3/2/2030 148.21 117.56 30.65 9/2/2030 833.52 148.21 659.48 117.56 174.04 30.65 235.34 3/2/2031 126.54 101.04 25.50 9/2/2031 878.22 126.54 693.77 101.04 184.45 25.50 235.45 3/2/2032 103.71 83.49 20.22 9/2/2032 922.92 103.71 728.06 83.49 194.86 20.22 235.30 3/2/2033 79.71 64.53 15.18 9/2/2033 970.25 79.71 767.63 64.53 202.62 15.18 232.98 3/2/2034 54.49 44.15 10.34 9/2/2034 1,020.21 54.49 807.20 44.15 213.01 10.34 233.69 3/2/2035 27.96 22.73 5.23 9/2/2035 1.075.43 27.96 852.04 22.73 223.39 5.23 233.85 Totals $15,105.92 $10,525.78 $12,187.11 $8,074.01 $2,918.82 $2,451.77 $5,370.59 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $12,193.07 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $376.19 $377.95 $0.00 $319.31 $376.19 $58.64 $434.83 3/2/2014 370.23 272.41 97.82 9/2/2014 391.97 370.23 585.90 272.41 (193.93) 97.82 1.71 3/2/2015 361.90 266.23 95.67 9/2/2015 407.76 361.90 366.85 266.23 40.91 95.67 232.25 3/2/2016 352.93 261.72 91.21 9/2/2016 426.17 352.93 374.77 261.72 51.40 91.21 233.82 3/2/2017 343.34 256.45 86.89 9/2/2017 444.59 343.34 382.68 256.45 61.91 86.89 235.69 3/2/2018 333.23 250.41 82.82 9/2/2018 465.63 333.23 395.88 250.41 69.75 82.82 235.39 3/2/2019 322.40 243.76 78.64 9/2/2019 486.68 322.40 409.07 243.76 77.61 78.64 234.89 3/2/2020 310.85 236.28 74.57 9/2/2020 510.35 310.85 422.27 236.28 88.08 74.57 237.22 3/2/2021 298.47 228.02 70.45 9/2/2021 534.03 298.47 438.11 228.02 95.92 70.45 236.82 3/2/2022 285.45 218.91 66.54 9/2/2022 560.34 285.45 456.58 218.91 103.76 66.54 236.84 3/2/2023 271.44 208.96 62.48 9/2/2023 589.27 271.44 477.69 208.96 111.58 62.48 236.54 3/2/2024 256.57 198.19 58.38 9/2/2024 618.21 256.57 498.81 198.19 119.40 58.38 236.16 3/2/2025 240.96 186.82 54.14 9/2/2025 649.78 240.96 522.56 186.82 127.22 54.14 235.50 3/2/2026 224.22 174.65 49.57 9/2/2026 681.35 224.22 546.31 174.65 135.04 49.57 234.18 3/2/2027 206.68 161.65 45.03 9/2/2027 718.18 206.68 572.70 161.65 145.48 45.03 235.54 3/2/2028 188.19 147.88 40.31 9/2/2028 755.01 188.19 601.74 147.88 153.27 40.31 233.89 3/2/2029 168.74 133.26 35.48 9/2/2029 794.47 168.74 630.77 133.26 163.70 35.48 234.66 3/2/2030 148.29 117.62 30.67 9/2/2030 833.93 148.29 659.80 117.62 174.13 30.67 235.47 3/2/2031 126.60 101.09 25.51 9/2/2031 878.65 126.60 694.11 101.09 184.54 25.51 235.56 3/2/2032 103.76 83.54 20.22 9/2/2032 923.37 103.76 728.42 83.54 194.95 20.22 235.39 3/2/2033 79.75 64.56 15.19 9/2/2033 970.72 79.75 768.00 64.56 202.72 15.19 233.10 3/2/2034 54.51 44.18 10.33 9/2/2034 1,020.71 54.51 807.59 44.18 213.12 10.33 233.78 3/2/2035 27.97 22.74 5.23 9/2/2035 1.075.95 27.97 852.46 22.74 223.49 5.23 233.95 Totals $15,113.31 $10,530.91 $12,193.07 $8,077.97 $2,920.24 $2,452.94 $5,373.18 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison of the Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $12,207.91 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $376.65 $378.41 $0.00 $319.70 $376.65 $58.71 $435.36 3/2/2014 370.68 272.75 97.93 9/2/2014 392.45 370.68 586.61 272.75 (194.16) 97.93 1.70 3/2/2015 362.34 266.55 95.79 9/2/2015 408.25 362.34 367.29 266.55 40.96 95.79 232.54 3/2/2016 353.36 262.04 91.32 9/2/2016 426.69 353.36 375.22 262.04 51.47 91.32 234.11 3/2/2017 343.76 256.77 86.99 9/2/2017 445.13 343.76 383.15 256.77 61.98 86.99 235.96 3/2/2018 333.64 250.71 82.93 9/2/2018 466.20 333.64 396.36 250.71 69.84 82.93 235.70 3/2/2019 322.80 244.06 78.74 9/2/2019 487.27 322.80 409.57 244.06 77.70 78.74 235.18 3/2/2020 311.22 236.57 74.65 9/2/2020 510.97 311.22 422.78 236.57 88.19 74.65 237.49 3/2/2021 298.83 228.30 70.53 9/2/2021 534.68 298.83 438.64 228.30 96.04 70.53 237.10 3/2/2022 285.80 219.18 66.62 9/2/2022 561.02 285.80 457.14 219.18 103.88 66.62 237.12 3/2/2023 271.77 209.22 62.55' 9/2/2023 589.99 271.77 478.28 209.22 111.71 62.55 236.81 3/2/2024 256.88 198.43 58.45 9/2/2024 618.96 256.88 499.41 198.43 119.55 58.45 236.45 3/2/2025 241.25 187.05 54.20 9/2/2025 650.57 241.25 523.20 187.05 127.37 54.20 235.77 3/2/2026 224.50 174.86 49.64 9/2/2026 682.18 224.50 546.98 174.86 135.20 49.64 234.48 3/2/2027 206.93 161.85 45.08 9/2/2027 719.05 206.93 573.40 161.85 145.65 45.08 235.81 3/2/2028 188.41 148.06 40.35 9/2/2028 755.93 188.41 602.47 148.06 153.46 40.35 234.16 3/2/2029 168.95 133.42 35.53 9/2/2029 795.43 168.95 631.53 133.42 163.90 35.53 234.96 3/2/2030 148.47 117.76 30.71 9/2/2030 834.94 148.47 660.60 117.76 174.34 30.71 235.76 3/2/2031 126.76 101.22 25.54 9/2/2031 879.72 126.76 694.95 101.22 184.77 25.54 235.85 3/2/2032 103.89 83.64 20.25 9/2/2032 924.50 103.89 729.30 83.64 195.20 20.25 235.70 3/2/2033 79.85 64.64 15.21 9/2/2033 971.91 79.85 768.94 64.64 202.97 15.21 233.39 3/2/2034 54.58 44.23 10.35 9/2/2034 1,021.95 54.58 808.58 44.23 213.37 10.35 234.07 3/2/2035 28.01 22.77 5.24 9/2/2035 1.077.26 28.01 853.50 22.77 223.76 5.24 234.24 Totals $15,131.70 $10,543.77 $12,207.91 $8,087.86 $2,923.80 $2,455.91 $5,379.71 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $12,734.37 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $392.89 $394.72 $0.00 $333.49 $392.89 $61.23 $454.12 3/2/2014 386.67 284.51 102.16 9/2/2014 409.37 386.67 611.91 284.51 (202.54) 102.16 1.78 3/2/2015 377.97 278.05 99.92 9/2/2015 425.86 377.97 383.13 278.05 42.73 99.92 242.57 3/2/2016 368.60 273.34 95.26 9/2/2016 445.09 368.60 391.40 273.34 53.69 95.26 244.21 3/2/2017 358.59 267.84 90.75 9/2/2017 464.32 358.59 399.67 267.84 64.65 90.75 246.15 3/2/2018 348.02 261.53 86.49 9/2/2018 486.30 348.02 413.45 261.53 72.85 86.49 245.83 3/2/2019 336.72 254.58 82.14 9/2/2019 508.28 336.72 427.24 254.58 81.04 82.14 245.32 3/2/2020 324.65 246.77 77.88 9/2/2020 533.01 324.65 441.02 246.77 91.99 77.88 247.75 3/2/2021 311.72 238.15 73.57 9/2/2021 557.74 311.72 457.56 238.15 100.18 73.57 247.32 3/2/2022 298.13 228.63 69.50 9/2/2022 585.21 298.13 476.85 228.63 108.36 69.50 247.36 3/2/2023 283.49 218.24 65.25 9/2/2023 615.43 283.49 498.90 218.24 116.53 65.25 247.03 3/2/2024 267.96 206.99 60.97 9/2/2024 645.66 267.96 520.95 206.99 124.71 60.97 246.65 3/2/2025 251.65 195.12 56.53 9/2/2025 678.63 251.65 545.76 195.12 132.87 56.53 245.93 3/2/2026 234.18 182.40 51.78 9/2/2026 711.60 234.18 570.57 182.40 141.03 51.78 244.59 3/2/2027 215.85 168.82 47.03 9/2/2027 750.06 215.85 598.13 168.82 151.93 47.03 245.99 3/2/2028 196.54 154.44 42.10 9/2/2028 788.53 196.54 628.45 154.44 160.08 42.10 244.28 3/2/2029 176.24 139.17 37.07 9/2/2029 829.74 176.24 658.77 139.17 170.97 37.07 245.11 3/2/2030 154.87 122.84 32.03 9/2/2030 870.95 154.87 689.09 122.84 181.86 32.03 245.92 3/2/2031 132.23 105.58 26.65 9/2/2031 917.66 132.23 724.92 105.58 192.74 26.65 246.04 3/2/2032 108.37 87.24 21.13 9/2/2032 964.36 108.37 760.75 87.24 203.61 21.13 245.87 3/2/2033 83.29 67.43 15.86 9/2/2033 1,013.82 83.29 802.10 67.43 211.72 15.86 243.44 3/2/2034 56.93 46.14 10.79 9/2/2034 1,066.02 56.93 843.45 46.14 222.57 10.79 244.15 3/2/2035 29.22 23.75 5.47 9/2/2035 1.123.72 29.22 890.30 23.75 233.42 5.47 244.36 Totals $15,784.25 $10,998.50 $12,734.37 $8,436.61 $3,049.88 $2,561.89 $5,611.77 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison of the Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $12,754.04 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $393.50 $395.33 $0.00 $334.00 $393.50 $61.33 $454.83 3/2/2014 387.27 284.95 102.32 9/2/2014 410.01 387.27 612.86 284.95 (202.85) 102.32 1.79 3/2/2015 378.55 278.48 100.07 9/2/2015 426.52 378.55 383.73 278.48 42.79 100.07 242.93 3/2/2016 369.17 273.76 95.41 9/2/2016 445.78 369.17 392.01 273.76 53.77 95.41 244.59 3/2/2017 359.14 268.25 90.89 9/2/2017 465.04 359.14 400.29 268.25 64.75 90.89 246.53 3/2/2018 348.56 261.93 86.63 9/2/2018 487.05 348.56 414.09 261.93 72.96 86.63 246.22 3/2/2019 337.24 254.98 82.26 9/2/2019 509.07 337.24 427.90 254.98 81.17 82.26 245.69 3/2/2020 325.15 247.15 78.00 9/2/2020 533.83 325.15 441.70 247.15 92.13 78.00 248.13 3/2/2021 312.20 238.52 73.68 9/2/2021 558.60 312.20 458.26 238.52 100.34 73.68 247.70 3/2/2022 298.59 228.99 69.60 9/2/2022 586.12 298.59 477.59 228.99 108.53 69.60 247.73 3/2/2023 283.93 218.58 65.35 9/2/2023 616.39 283.93 499.67 218.58 116.72 65.35 247.42 3/2/2024 268.37 207.31 61.06 9/2/2024 646.65 268.37 521.76 207.31 124.89 61.06 247.01 3/2/2025 252.04 195.42 56.62 9/2/2025 679.67 252.04 546.60 195.42 133.07 56.62 246.31 3/2/2026 234.54 182.68 51.86 9/2/2026 712.70 234.54 571.45 182.68 141.25 51.86 244.97 3/2/2027 216.19 169.09 47.10 9/2/2027 751.22 216.19 599.05 169.09 152.17 47.10 246.37 3/2/2028 196.84 154.68 42.16 9/2/2028 789.74 196.84 629.42 154.68 160.32 42.16 244.64 3/2/2029 176.51 139.39 37.12 9/2/2029 831.02 176.51 659.79 139.39 171.23 37.12 245.47 3/2/2030 155.11 123.03 32.08 9/2/2030 872.30 155.11 690.15 123.03 182.15 32.08 246.31 3/2/2031 132.43 105.74 26.69 9/2/2031 919.07 132.43 726.04 105.74 193.03 26.69 246.41 3/2/2032 108.53 87.38 21.15 9/2/2032 965.85 108.53 761.93 87.38 203.92 21.15 246.22 3/2/2033 83.42 67.53 15.89 9/2/2033 1,015.38 83.42 803.34 67.53 212.04 15.89 243.82 3/2/2034 57.02 46.21 10.81 9/2/2034 1,067.67 57.02 844.75 46.21 222.92 10.81 244.54 3/2/2035 29.26 23.78 5.48 9/2/2035 1.125.45 29.26 891.68 23.78 233.77 5.48 244.73 Totals $15,808.63 $11,015.45 $12,754.04 $8,449.66 $3,054.57 $2,565.79 $5,620.36 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $13,009.31 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $401.37 $403.25 $0.00 $340.68 $401.37 $62.57 $463.94 3/2/2014 395.02 290.65 104.37 9/2/2014 418.21 395.02 625.12 290.65 (206.91) 104.37 1.83 3/2/2015 386.13 284.05 102.08 9/2/2015 435.05 386.13 391.41 284.05 43.64 102.08 247.80 3/2/2016 376.56 279.24 97.32 9/2/2016 454.70 376.56 399.85 279.24 54.85 97.32 249.49 3/2/2017 366.33 273.62 92.71 9/2/2017 474.35 366.33 408.30 273.62 66.05 92.71 251.47 3/2/2018 355.54 267.17 88.37 9/2/2018 496.80 355.54 422.38 267.17 74.42 88.37 251.16 3/2/2019 343.99 260.08 83.91 9/2/2019 519.26 343.99 436.46 260.08 82.80 83.91 250.62 3/2/2020 331.65 252.09 79.56 9/2/2020 544.52 331.65 450.54 252.09 93.98 79.56 253.10 3/2/2021 318.45 243.29 75.16 9/2/2021 569.78 318.45 467.43 243.29 102.35 75.16 252.67 3/2/2022 304.56 233.57 70.99 9/2/2022 597.85 304.56 487.14 233.57 110.71 70.99 252.69 3/2/2023 289.62 222.95 66.67 9/2/2023 628.72 289.62 509.67 222.95 119.05 66.67 252.39 3/2/2024 273.74 211.46 62.28 9/2/2024 659.60 273.74 532.20 211.46 127.40 62.28 251.96 3/2/2025 257.09 199.33 57.76 9/2/2025 693.28 257.09 557.54 199.33 135.74 57.76 251.26 3/2/2026 239.23 186.34 52.89 9/2/2026 726.96 239.23 582.88 186.34 144.08 52.89 249.86 3/2/2027 220.51 172.47 48.04 9/2/2027 766.25 220.51 611.04 172.47 155.21 48.04 251.29 3/2/2028 200.78 157.78 43.00 9/2/2028 805.55 200.78 642.02 157.78 163.53 43.00 249.53 3/2/2029 180.04 142.18 37.86 9/2/2029 847.65 180.04 672.99 142.18 174.66 37.86 250.38 3/2/2030 158.21 125.49 32.72 9/2/2030 889.75 158.21 703.97 125.49 185.78 32.72 251.22 3/2/2031 135.08 107.86 27.22 9/2/2031 937.47 135.08 740.57 107.86 196.90 27.22 251.34 3/2/2032 110.71 89.13 21.58 9/2/2032 985.18 110.71 777.18 89.13 208.00 21.58 251.16 3/2/2033 85.09 68.89 16.20 9/2/2033 1,035.71 85.09 819.42 68.89 216.29 16.20 248.69 3/2/2034 58.16 47.13 11.03 9/2/2034 1,089.04 58.16 861.66 47.13 227.38 11.03 249.44 3/2/2035 29.85 24.26 5.59 9/2/2035 1.147.98 29.85 909.53 24.26 238.45 5.59 249.63 Totals $16,125.03 $11,235.93 $13,009.31 $8,618.74 $3,115.73 $2,617.19 $5,732.92 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $13,167.97 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $406.27 $408.16 $0.00 $344.84 $406.27 $63.32 $469.59 3/2/2014 399.84 294.19 105.65 9/2/2014 423.31 399.84 632.75 294.19 (209.44) 105.65 1.86 3/2/2015 390.84 287.51 103.33 9/2/2015 440.36 390.84 396.18 287.51 44.18 103.33 250.84 3/2/2016 381.15 282.64 98.51 9/2/2016 460.25 381.15 404.73 282.64 55.52 98.51 252.54 3/2/2017 370.80 276.96 93.84 9/2/2017 480.13 370.80 413.28 276.96 66.85 93.84 254.53 3/2/2018 359.87 270.43 89.44 9/2/2018 502.86 359.87 427.53 270.43 75.33 89.44 254.21 3/2/2019 348.18 263.25 84.93 9/2/2019 525.59 348.18 441.78 263.25 83.81 84.93 253.67 3/2/2020 335.70 255.17 80.53 9/2/2020 551.16 335.70 456.03 255.17 95.13 80.53 256.19 3/2/2021 322.33 246.26 76.07 9/2/2021 576.73 322.33 473.13 246.26 103.60 76.07 255.74 3/2/2022 308.28 236.42 71.86 9/2/2022 605.14 308.28 493.09 236.42 112.05 71.86 255.77 3/2/2023 293.15 225.67 67.48 9/2/2023 636.39 293.15 515.89 225.67 120.50 67.48 255.46 3/2/2024 277.08 214.04 63.04 9/2/2024 667.64 277.08 538.69 214.04 128.95 63.04 255.03 3/2/2025 260.22 201.76 58.46 9/2/2025 701.73 260.22 564.34 201.76 137.39 58.46 254.31 3/2/2026 242.15 188.61 53.54 9/2/2026 735.83 242.15 589.99 188.61 145.84 53.54 252.92 3/2/2027 223.20 174.57 48.63 9/2/2027 775.60 223.20 618.50 174.57 157.10 48.63 254.36 3/2/2028 203.23 159.70 43.53 9/2/2028 815.37 203.23 649.85 159.70 165.52 43.53 252.58 3/2/2029 182.24 143.91 38.33 9/2/2029 857.99 182.24 681.20 143.91 176.79 38.33 253.45 3/2/2030 160.14 127.02 33.12 9/2/2030 900.61 160.14 712.55 127.02 188.06 33.12 254.30 3/2/2031 136.73 109.18 27.55 9/2/2031 948.90 136.73 749.61 109.18 199.29 27.55 254.39 3/2/2032 112.06 90.21 21.85 9/2/2032 997.20 112.06 786.66 90.21 210.54 21.85 254.24 3/2/2033 86.13 69.73 16.40 9/2/2033 1,048.34 86.13 829.41 69.73 218.93 16.40 251.73 3/2/2034 58.87 47.71 11.16 9/2/2034 1,102.32 58.87 872.16 47.71 230.16 11.16 252.48 3/2/2035 30.21 24.56 5.65 9/2/2035 1.161.98 30.21 920.62 24.56 241.36 5.65 252.66 Totals $16,321.70 $11,372.96 $13,167.97 $8,723.84 $3,153.73 $2,649.12 $5,802.85 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $13,174.23 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $406.46 $408.36 $0.00 $345.00 $406.46 $63.36 $469.82 3/2/2014 400.03 294.33 105.70 9/2/2014 423.51 400.03 633.05 294.33 (209.54) 105.70 1.86 3/2/2015 391.03 287.65 103.38 9/2/2015 440.57 391.03 396.37 287.65 44.20 103.38 250.96 3/2/2016 381.33 282.78 98.55 9/2/2016 460.46 381.33 404.92 282.78 55.54 98.55 252.64 3/2/2017 370.97 277.09 93.88 9/2/2017 480.36 370.97 413.48 277.09 66.88 93.88 254.64 3/2/2018 360.04 270.56 89.48 9/2/2018 503.10 360.04 427.73 270.56 75.37 89.48 254.33 3/2/2019 348.35 263.38 84.97 9/2/2019 525.84 348.35 441.99 263.38 83.85 84.97 253.79 3/2/2020 335.86 255.29 80.57 9/2/2020 551.42 335.86 456.25 255.29 95.17 80.57 256.31 3/2/2021 322.49 246.37 76.12 9/2/2021 577.00 322.49 473.36 246.37 103.64 76.12 255.88 3/2/2022 308.42 236.53 71.89 9/2/2022 605.43 308.42 493.32 236.53 112.11 71.89 255.89 3/2/2023 293.29 225.78 67.51 9/2/2023 636.69 293.29 516.13 225.78 120.56 67.51 255.58 3/2/2024 277.21 214.14 63.07 9/2/2024 667.96 277.21 538.95 214.14 129.01 63.07 255.15 3/2/2025 260.34 201.86 58.48 9/2/2025 702.07 260.34 564.61 201.86 137.46 58.48 254.42 3/2/2026 242.27 188.70 53.57 9/2/2026 736.18 242.27 590.27 188.70 145.91 53.57 253.05 3/2/2027 223.31 174.66 48.65 9/2/2027 775.97 223.31 618.79 174.66 157.18 48.65 254.48 3/2/2028 203.33 159.78 43.55 9/2/2028 815.76 203.33 650.16 159.78 165.60 43.55 252.70 3/2/2029 182.32 143.98 38.34 9/2/2029 858.40 182.32 681.52 143.98 176.88 38.34 253.56 3/2/2030 160.22 127.08 33.14 9/2/2030 901.03 160.22 712.89 127.08 188.14 33.14 254.42 3/2/2031 136.79 109.23 27.56 9/2/2031 949.35 136.79 749.96 109.23 199.39 27.56 254.51 3/2/2032 112.11 90.26 21.85 9/2/2032 997.67 112.11 787.03 90.26 210.64 21.85 254.34 3/2/2033 86.17 69.76 16.41 9/2/2033 1,048.84 86.17 829.81 69.76 219.03 16.41 251.85 3/2/2034 58.90 47.73 11.17 9/2/2034 1,102.84 58.90 872.58 47.73 230.26 11.17 252.60 3/2/2035 30.23 24.57 5.66 9/2/2035 1.162.53 30.23 921.06 24.57 241.47 5.66 252.79 Totals $16,329.44 $11,378.38 $13,174.23 $8,728.02 $3,155.21 $2,650.36 $5,805.57 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $13,207.02 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $407.47 $409.37 $0.00 $345.86 $407.47 $63.51 $470.98 3/2/2014 401.02 295.07 105.95 9/2/2014 424.57 401.02 634.62 295.07 (210.05) 105.95 1.85 3/2/2015 392.00 288.37 103.63 9/2/2015 441.67 392.00 397.35 288.37 44.32 103.63 251.58 3/2/2016 382.28 283.48 98.80 9/2/2016 461.61 382.28 405.93 283.48 55.68 98.80 253.28 3/2/2017 371.90 277.78 94.12 9/2/2017 481.56 371.90 414.51 277.78 67.05 94.12 255.29 3/2/2018 360.94 271.23 89.71 9/2/2018 504.35 360.94 428.80 271.23 75.55 89.71 254.97 3/2/2019 349.21 264.03 85.18 9/2/2019 527.15 349.21 443.09 264.03 84.06 85.18 254.42 3/2/2020 336.70 255.93 80.77 9/2/2020 552.79 336.70 457.39 255.93 95.40 80.77 256.94 3/2/2021 323.29 246.99 76.30 9/2/2021 578.44 323.29 474.54 246.99 103.90 76.30 256.50 3/2/2022 309.19 237.12 72.07 9/2/2022 606.93 309.19 494.55 237.12 112.38 72.07 256.52 3/2/2023 294.02 226.34 67.68 9/2/2023 638.28 294.02 517.42 226.34 120.86 67.68 256.22 3/2/2024 277.90 214.67 63.23 9/2/2024 669.62 277.90 540.29 214.67 129.33 63.23 255.79 3/2/2025 260.99 202.36 58.63 9/2/2025 703.81 260.99 566.02 202.36 137.79 58.63 255.05 3/2/2026 242.87 189.17 53.70 9/2/2026 738.01 242.87 591.74 189.17 146.27 53.70 253.67 3/2/2027 223.87 175.09 48.78 9/2/2027 777.90 223.87 620.33 175.09 157.57 48.78 255.13 3/2/2028 203.83 160.17 43.66 9/2/2028 817.79 203.83 651.78 160.17 166.01 43.66 253.33 3/2/2029 182.78 144.34 38.44 9/2/2029 860.53 182.78 683.22 144.34 177.31 38.44 254.19 3/2/2030 160.62 127.40 33.22 9/2/2030 903.28 160.62 714.67 127.40 188.61 33.22 255.05 3/2/2031 137.13 109.50 27.63 9/2/2031 951.72 137.13 751.83 109.50 199.89 27.63 255.15 3/2/2032 112.39 90.48 21.91 9/2/2032 1,000.16 112.39 788.99 90.48 211.17 21.91 254.99 3/2/2033 86.38 69.93 16.45 9/2/2033 1,051.45 86.38 831.87 69.93 219.58 16.45 252.48 3/2/2034 59.05 47.85 11.20 9/2/2034 1,105.59 59.05 874.75 47.85 230.84 11.20 253.24 3/2/2035 30.30 24.63 5.67 9/2/2035 1.165.43 30.30 923.35 24.63 242.08 5.67 253.42 Totals $16,370.11 $11,406.69 $13,207.02 $8,749.72 $3,163.07 $2,656.97 $5,820.04 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $13,332.02 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $411.33 $413.25 $0.00 $349.14 $411.33 $64.11 $475.44 3/2/2014 404.82 297.86 106.96 9/2/2014 428.59 404.82 640.63 297.86 (212.04) 106.96 1.88 3/2/2015 395.71 291.10 104.61 9/2/2015 445.85 395.71 401.12 291.10 44.73 104.61 253.95 3/2/2016 385.90 286.16 99.74 9/2/2016 465.98 385.90 409.77 286.16 56.21 99.74 255.69 3/2/2017 375.42 280.41 95.01 9/2/2017 486.12 375.42 418.43 280.41 67.69 95.01 257.71 3/2/2018 364.36 273.80 90.56 9/2/2018 509.13 364.36 432.86 273.80 76.27 90.56 257.39 3/2/2019 352.52 266.53 85.99 9/2/2019 532.14 352.52 447.29 266.53 84.85 85.99 256.83 3/2/2020 339.88 258.35 81.53 9/2/2020 558.03 339.88 461.72 258.35 96.31 81.53 259.37 3/2/2021 326.35 249.32 77.03 9/2/2021 583.91 326.35 479.03 249.32 104.88 77.03 258.94 3/2/2022 312.12 239.36 72.76 9/2/2022 612.68 312.12 499.23 239.36 113.45 72.76 258.97 3/2/2023 296.80 228.48 68.32 9/2/2023 644.32 296.80 522.32 228.48 122.00 68.32 258.64 3/2/2024 280.53 216.71 63.82 9/2/2024 675.96 280.53 545.40 216.71 130.56 63.82 258.20 3/2/2025 263.46 204.27 59.19 9/2/2025 710.48 263.46 571.37 204.27 139.11 59.19 257.49 3/2/2026 245.17 190.96 54.21 9/2/2026 744.99 245.17 597.34 190.96 147.65 54.21 256.07 3/2/2027 225.98 176.75 49.23 9/2/2027 785.26 225.98 626.20 176.75 159.06 49.23 257.52 3/2/2028 205.76 161.69 44.07 9/2/2028 825.53 205.76 657.94 161.69 167.59 44.07 255.73 3/2/2029 184.51 145.71 38.80 9/2/2029 868.68 184.51 689.69 145.71 178.99 38.80 256.59 3/2/2030 162.14 128.60 33.54 9/2/2030 911.83 162.14 721.43 128.60 190.40 33.54 257.48 3/2/2031 138.43 110.54 27.89 9/2/2031 960.72 138.43 758.94 110.54 201.78 27.89 257.56 3/2/2032 113.45 91.34 22.11 9/2/2032 1,009.62 113.45 796.46 91.34 213.16 22.11 257.38 3/2/2033 87.20 70.60 16.60 9/2/2033 1,061.40 87.20 839.74 70.60 221.66 16.60 254.86 3/2/2034 59.61 48.30 11.31 9/2/2034 1,116.05 59.61 883.03 48.30 233.02 11.31 255.64 3/2/2035 30.59 24.86 5.73 9/2/2035 1.176.46 30.59 932.09 24.86 244.37 5.73 255.83 Totals $16,525.06 $11,514.67 $13,332.02 $8,832.54 $3,193.03 $2,682.13 $5,875.16 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $14,300.44 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $441.21 $443.27 $0.00 $374.50 $441.21 $68.77 $509.98 3/2/2014 434.22 319.50 114.72 9/2/2014 459.72 434.22 687.16 319.50 (227.44) 114.72 2.00 3/2/2015 424.45 312.24 112.21 9/2/2015 478.23 424.45 430.25 312.24 47.98 112.21 272.40 3/2/2016 413.93 306.95 106.98 9/2/2016 499.83 413.93 439.54 306.95 60.29 106.98 274.25 3/2/2017 402.69 300.78 101.91 9/2/2017 521.43 402.69 448.82 300.78 72.61 101.91 276.43 3/2/2018 390.82 293.69 97.13 9/2/2018 546.11 390.82 464.30 293.69 81.81 97.13 276.07 3/2/2019 378.13 285.89 92.24 9/2/2019 570.79 378.13 479.78 285.89 91.01 92.24 275.49 3/2/2020 364.57 277.11 87.46 9/2/2020 598.56 364.57 495.25 277.11 103.31 87.46 278.23 3/2/2021 350.06 267.43 82.63 9/2/2021 626.33 350.06 513.83 267.43 112.50 82.63 277.76 3/2/2022 334.79 256.75 78.04 9/2/2022 657.18 334.79 535.49 256.75 121.69 78.04 277.77 3/2/2023 318.36 245.08 73.28 9/2/2023 691.12 318.36 560.26 245.08 130.86 73.28 277.42 3/2/2024 300.91 232.45 68.46 9/2/2024 725.06 300.91 585.02 232.45 140.04 68.46 276.96 3/2/2025 282.60 219.11 63.49 9/2/2025 762.08 282.60 612.88 219.11 149.20 63.49 276.18 3/2/2026 262.98 204.83 58.15 9/2/2026 799.11 262.98 640.73 204.83 158.38 58.15 274.68 3/2/2027 242.40 189.59 52.81 9/2/2027 842.30 242.40 671.69 189.59 170.61 52.81 276.23 3/2/2028 220.71 173.44 47.27 9/2/2028 885.50 220.71 705.74 173.44 179.76 47.27 274.30 3/2/2029 197.91 156.29 41.62 9/2/2029 931.78 197.91 739.78 156.29 192.00 41.62 275.24 3/2/2030 173.92 137.95 35.97 9/2/2030 978.06 173.92 773.83 137.95 204.23 35.97 276.17 3/2/2031 148.49 118.56 29.93 9/2/2031 1,030.51 148.49 814.07 118.56 216.44 29.93 276.30 3/2/2032 121.69 97.97 23.72 9/2/2032 1,082.96 121.69 854.31 97.97 228.65 23.72 276.09 3/2/2033 93.54 75.72 17.82 9/2/2033 1,138.50 93.54 900.74 75.72 237.76 17.82 273.40 3/2/2034 63.93 51.81 12.12 9/2/2034 1,197.12 63.93 947.17 51.81 249.95 12.12 274.19 3/2/2035 32.81 26.67 6.14 9/2/2035 1.261.91 32.81 999.79 26.67 262.12 6.14 274.40 Totals $17,725.40 $12,351.09 $14,300.44 $9,474.12 $3,424.97 $2,876.97 $6,301.94 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $15,501.23 Parcel Count with Same Reassessment: 497 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $478.25 $480.49 $0.00 $405.94 $478.25 $74.55 $552.80 3/2/2014 470.68 346.32 124.36 9/2/2014 498.32 470.68 744.86 346.32 (246.54) 124.36 2.18 3/2/2015 460.09 338.46 121.63 9/2/2015 518.39 460.09 466.38 338.46 52.01 121.63 295.27 3/2/2016 448.69 332.73 115.96 9/2/2016 541.80 448.69 476.44 332.73 65.36 115.96 297.28 3/2/2017 436.50 326.03 110.47 9/2/2017 565.21 436.50 486.51 326.03 78.70 110.47 299.64 3/2/2018 423.64 318.35 105.29 9/2/2018 591.96 423.64 503.29 318.35 88.67 105.29 299.25 3/2/2019 409.88 309.90 99.98 9/2/2019 618.72 409.88 520.06 309.90 98.66 99.98 298.62 3/2/2020 395.18 300.38 94.80 9/2/2020 648.82 395.18 536.84 300.38 111.98 94.80 301.58 3/2/2021 379.45 289.89 89.56 9/2/2021 678.92 379.45 556.97 289.89 121.95 89.56 301.07 3/2/2022 362.90 278.31 84.59 9/2/2022 712.36 362.90 580.46 278.31 131.90 84.59 301.08 3/2/2023 345.09 265.66 79.43 9/2/2023 749.15 345.09 607.30 265.66 141.85 79.43 300.71 3/2/2024 326.18 251.97 74.21 9/2/2024 785.94 326.18 634.14 251.97 151.80 74.21 300.22 3/2/2025 306.33 237.51 68.82 9/2/2025 826.07 306.33 664.34 237.51 161.73 68.82 299.37 3/2/2026 285.06 222.03 63.03 9/2/2026 866.21 285.06 694.54 222.03 171.67 63.03 297.73 3/2/2027 262.75 205.51 57.24 9/2/2027 913.03 262.75 728.09 205.51 184.94 57.24 299.42 3/2/2028 239.24 188.00 51.24 9/2/2028 959.85 239.24 765.00 188.00 194.85 51.24 297.33 3/2/2029 214.53 169.41 45.12 9/2/2029 1,010.02 214.53 801.90 169.41 208.12 45.12 298.36 3/2/2030 188.52 149.53 38.99 9/2/2030 1,060.19 188.52 838.81 149.53 221.38 38.99 299.36 3/2/2031 160.95 128.52 32.43 9/2/2031 1,117.04 160.95 882.43 128.52 234.61 32.43 299.47 3/2/2032 131.91 106.20 25.71 9/2/2032 1,173.90 131.91 926.05 106.20 247.85 25.71 299.27 3/2/2033 101.39 82.08 19.31 9/2/2033 1,234.10 101.39 976.38 82.08 257.72 19.31 296.34 3/2/2034 69.30 56.16 13.14 9/2/2034 1,297.64 69.30 1,026.70 56.16 270.94 13.14 297.22 3/2/2035 35.56 28.91 6.65 9/2/2035 1.367.87 35.56 1.083.74 28.91 284.13 6.65 297.43 Totals $19,213.76 $13,388.13 $15,501.23 $10,269.66 $3,712.53 $3,118.47 $6,831.00 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4,2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $17,543.13 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $541.25 $543.78 $0.00 $459.42 $541.25 $84.36 $625.61 3/2/2014 532.68 391.94 140.74 9/2/2014 563.96 532.68 842.98 391.94 (279.02) 140.74 2.46 3/2/2015 520.70 383.04 137.66 9/2/2015 586.67 520.70 527.81 383.04 58.86 137.66 334.18 3/2/2016 507.79 376.55 131.24 9/2/2016 613.17 507.79 539.20 376.55 73.97 131.24 336.45 3/2/2017 494.00 368.98 125.02 9/2/2017 639.66 494.00 550.60 368.98 89.06 125.02 339.10 3/2/2018 479.44 360.28 119.16 9/2/2018 669.94 479.44 569.58 360.28 100.36 119.16 338.68 3/2/2019 463.87 350.72 113.15 9/2/2019 700.22 463.87 588.57 350.72 111.65 113.15 337.95 3/2/2020 447.24 339.95 107.29 9/2/2020 734.29 447.24 607.55 339.95 126.74 107.29 341.32 3/2/2021 429.43 328.08 101.35 9/2/2021 768.35 429.43 630.34 328.08 138.01 101.35 340.71 3/2/2022 410.70 314.97 95.73 9/2/2022 806.20 410.70 656.92 314.97 149.28 95.73 340.74 3/2/2023 390.55 300.65 89.90 9/2/2023 847.84 390.55 687.30 300.65 160.54 89.90 340.34 3/2/2024 369.14 285.16 83.98 9/2/2024 889.47 369.14 717.67 285.16 171.80 83.98 339.76 3/2/2025 346.68 268.80 77.88 9/2/2025 934.89 346.68 751.85 268.80 183.04 77.88 338.80 3/2/2026 322.61 251.28 71.33 9/2/2026 980.31 322.61 786.02 251.28 194.29 71.33 336.95 3/2/2027 297.36 232.58 64.78 9/2/2027 1,033.30 297.36 824.00 232.58 209.30 64.78 338.86 3/2/2028 270.76 212.76 58.00 9/2/2028 1,086.29 270.76 865.76 212.76 220.53 58.00 336.53 3/2/2029 242.79 191.73 51.06 9/2/2029 1,143.06 242.79 907.53 191.73 235.53 51.06 337.65 3/2/2030 213.35 169.23 44.12 9/2/2030 1,199.84 213.35 949.30 169.23 250.54 44.12 338.78 3/2/2031 182.16 145.45 36.71 9/2/2031 1,264.18 182.16 998.67 145.45 265.51 36.71 338.93 3/2/2032 149.29 120.19 29.10 9/2/2032 1,328.53 149.29 1,048.03 120.19 280.50 29.10 338.70 3/2/2033 114.75 92.89 21.86 9/2/2033 1,396.66 114.75 1,104.99 92.89 291.67 21.86 335.39 3/2/2034 78.43 63.56 14.87 9/2/2034 1,468.57 78.43 1,161.95 63.56 306.62 14.87 336.36 3/2/2035 40.25 32.72 7.53 9/2/2035 1.548.06 40.25 1.226.50 32.72 321.56 7.53 336.62 Totals $21,744.71 $15,151.72 $17,543.13 $11,622.44 $4,201.59 $3,529.28 $7,730.87 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $17,746.09 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $547.51 $550.07 $0.00 $464.73 $547.51 $85.34 $632.85 3/2/2014 538.85 396.48 142.37 9/2/2014 570.49 538.85 852.73 396.48 (282.24) 142.37 2.50 3/2/2015 526.72 387.47 139.25 9/2/2015 593.46 526.72 533.92 387.47 59.54 139.25 338.04 3/2/2016 513.67 380.91 132.76 9/2/2016 620.26 513.67 545.44 380.91 74.82 132.76 340.34 3/2/2017 499.71 373.25 126.46 9/2/2017 647.06 499.71 556.97 373.25 90.09 126.46 343.01 3/2/2018 484.99 364.45 120.54 9/2/2018 677.69 484.99 576.17 364.45 101.52 120.54 342.60 3/2/2019 469.24 354.78 114.46 9/2/2019 708.32 469.24 595.38 354.78 112.94 114.46 341.86 3/2/2020 452.41 343.88 108.53 9/2/2020 742.78 452.41 614.58 343.88 128.20 108.53 345.26 3/2/2021 434.40 331.87 102.53 9/2/2021 777.24 434.40 637.63 331.87 139.61 102.53 344.67 3/2/2022 415.45 318.61 96.84 9/2/2022 815.53 415.45 664.52 318.61 151.01 96.84 344.69 3/2/2023 395.07 304.13 90.94 9/2/2023 857.64 395.07 695.25 304.13 162.39 90.94 344.27 3/2/2024 373.41 288.45 84.96 9/2/2024 899.76 373.41 725.98 288.45 173.78 84.96 343.70 3/2/2025 350.69 271.91 78.78 9/2/2025 945.71 350.69 760.55 271.91 185.16 78.78 342.72 3/2/2026 326.34 254.19 72.15 9/2/2026 991.65 326.34 795.12 254.19 196.53 72.15 340.83 3/2/2027 300.81 235.27 65.54 9/2/2027 1,045.25 300.81 833.53 235.27 211.72 65.54 342.80 3/2/2028 273.89 215.22 58.67 9/2/2028 1,098.86 273.89 875.78 215.22 223.08 58.67 340.42 3/2/2029 245.59 193.95 51.64 9/2/2029 1,156.29 245.59 918.03 193.95 238.26 51.64 341.54 3/2/2030 215.82 171.18 44.64 9/2/2030 1,213.72 215.82 960.29 171.18 253.43 44.64 342.71 3/2/2031 184.26 147.13 37.13 9/2/2031 1,278.81 184.26 1,010.22 147.13 268.59 37.13 342.85 3/2/2032 151.01 121.58 29.43 9/2/2032 1,343.90 151.01 1,060.16 121.58 283.74 29.43 342.60 3/2/2033 116.07 93.97 22.10 9/2/2033 1,412.82 116.07 1,117.77 93.97 295.05 22.10 339.25 3/2/2034 79.34 64.30 15.04 9/2/2034 1,485.56 79.34 1,175.39 64.30 310.17 15.04 340.25 3/2/2035 40.72 33.09 7.63 9/2/2035 1.565.97 40.72 1.240.69 33.09 325.28 7.63 340.54 Totals $21,996.28 $15,326.99 $17,746.09 $11,756.87 $4,250.18 $3,570.12 $7,820.30 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $18,226.56 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $562.34 $564.96 $0.00 $477.31 $562.34 $87.65 $649.99 3/2/2014 553.44 407.21 146.23 9/2/2014 585.93 553.44 875.82 407.21 (289.89) 146.23 2.57 3/2/2015 540.98 397.97 143.01 9/2/2015 609.53 540.98 548.37 397.97 61.16 143.01 347.18 3/2/2016 527.58 391.22 136.36 9/2/2016 637.05 527.58 560.21 391.22 76.84 136.36 349.56 3/2/2017 513.24 383.36 129.88 9/2/2017 664.58 513.24 572.05 383.36 92.53 129.88 352.29 3/2/2018 498.12 374.32 123.80 9/2/2018 696.04 498.12 591.77 374.32 104.27 123.80 351.87 3/2/2019 481.94 364.38 117.56 9/2/2019 727.50 481.94 611.50 364.38 116.00 117.56 351.12 3/2/2020 464.66 353.19 111.47 9/2/2020 762.89 464.66 631.22 353.19 131.67 111.47 354.61 3/2/2021 446.16 340.86 105.30 9/2/2021 798.28 446.16 654.89 340.86 143.39 105.30 353.99 3/2/2022 426.70 327.24 99.46 9/2/2022 837.61 426.70 682.51 327.24 155.10 99.46 354.02 3/2/2023 405.76 312.36 93.40 9/2/2023 880.86 405.76 714.07 312.36 166.79 93.40 353.59 3/2/2024 383.52 296.26 87.26 9/2/2024 924.12 383.52 745.63 296.26 178.49 87.26 353.01 3/2/2025 360.19 279.27 80.92 9/2/2025 971.31 360.19 781.14 279.27 190.17 80.92 352.01 3/2/2026 335.18 261.07 74.11 9/2/2026 1,018.50 335.18 816.64 261.07 201.86 74.11 350.08 3/2/2027 308.95 241.64 67.31 9/2/2027 1,073.55 308.95 856.10 241.64 217.45 67.31 352.07 3/2/2028 281.31 221.05 60.26 9/2/2028 1,128.61 281.31 899.49 221.05 229.12 60.26 349.64 3/2/2029 252.24 199.20 53.04 9/2/2029 1,187.59 252.24 942.89 199.20 244.70 53.04 350.78 3/2/2030 221.66 175.82 45.84 9/2/2030 1,246.58 221.66 986.29 175.82 260.29 45.84 351.97 3/2/2031 189.25 151.12 38.13 9/2/2031 1,313.43 189.25 1,037.57 151.12 275.86 38.13 352.12 3/2/2032 155.10 124.87 30.23 9/2/2032 1,380.28 155.10 1,088.86 124.87 291.42 30.23 351.88 3/2/2033 119.22 96.51 22.71 9/2/2033 1,451.07 119.22 1,148.04 96.51 303.03 22.71 348.45 3/2/2034 81.49 66.04 15.45 9/2/2034 1,525.78 81.49 1,207.21 66.04 318.57 15.45 349.47 3/2/2035 41.82 33.99 7.83 9/2/2035 1.608.36 41.82 1.274.28 33.99 334.08 7.83 349.74 Totals $22,591.79 $15,741.98 $18,226.56 $12,075.21 $4,365.24 $3,666.77 $8,032.01 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $19,793.64 Parcel Count with Same Reassessment: 25 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $610.69 $613.54 $0.00 $518.35 $610.69 $95.19 $705.88 3/2/2014 601.02 442.22 158.80 9/2/2014 636.31 601.02 951.12 442.22 (314.81) 158.80 2.79 3/2/2015 587.50 432.18 155.32 9/2/2015 661.93 587.50 595.52 432.18 66.41 155.32 377.05 3/2/2016 572.94 424.86 148.08 9/2/2016 691.83 572.94 608.38 424.86 83.45 148.08 379.61 3/2/2017 557.37 416.32 141.05 9/2/2017 721.72 557.37 621.23 416.32 100.49 141.05 382.59 3/2/2018 540.95 406.50 134.45 9/2/2018 755.88 540.95 642.65 406.50 113.23 134.45 382.13 3/2/2019 523.38 395.71 127.67 9/2/2019 790.05 523.38 664.07 395.71 125.98 127.67 381.32 3/2/2020 504.61 383.56 121.05 9/2/2020 828.48 504.61 685.49 383.56 142.99 121.05 385.09 3/2/2021 484.52 370.16 114.36 9/2/2021 866.92 484.52 711.20 370.16 155.72 114.36 384.44 3/2/2022 463.39 355.37 108.02 9/2/2022 909.62 463.39 741.19 355.37 168.43 108.02 384.47 3/2/2023 440.65 339.22 101.43 9/2/2023 956.60 440.65 775.47 339.22 181.13 101.43 383.99 3/2/2024 416.50 321.74 94.76 9/2/2024 1,003.58 416.50 809.74 321.74 193.84 94.76 383.36 3/2/2025 391.16 303.28 87.88 9/2/2025 1,054.82 391.16 848.30 303.28 206.52 87.88 382.28 3/2/2026 363.99 283.52 80.47 9/2/2026 1,106.07 363.99 886.86 283.52 219.21 80.47 380.15 3/2/2027 335.51 262.41 73.10 9/2/2027 1,165.86 335.51 929.70 262.41 236.16 73.10 382.36 3/2/2028 305.49 240.06 65.43 9/2/2028 1,225.64 305.49 976.83 240.06 248.81 65.43 379.67 3/2/2029 273.93 216.32 57.61 9/2/2029 1,289.70 273.93 1,023.96 216.32 265.74 57.61 380.96 3/2/2030 240.72 190.93 49.79 9/2/2030 1,353.76 240.72 1,071.08 190.93 282.68 49.79 382.26 3/2/2031 205.52 164.11 41.41 9/2/2031 1,426.36 205.52 1,126.78 164.11 299.58 41.41 382.40 3/2/2032 168.44 135.61 32.83 9/2/2032 1,498.96 168.44 1,182.48 135.61 316.48 32.83 382.14 3/2/2033 129.47 104.81 24.66 9/2/2033 1,575.83 129.47 1,246.74 104.81 329.09 24.66 378.41 3/2/2034 88.49 71.71 16.78 9/2/2034 1,656.97 88.49 1,311.01 71.71 345.96 16.78 379.52 3/2/2035 45.41 36.91 8.50 9/2/2035 1.746.65 45.41 1.383.84 36.91 362.81 8.50 379.81 Totals $24,534.23 $17,095.46 $19,793.64 $13,113.37 $4,740.59 $3,982.09 $8,722.68 City of Carlsbad Reassessment District No. 2012-1, City ofCarlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $20,363.77 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $628.28 $631.21 $0.00 $533.28 $628.28 $97.93 $726.21 3/2/2014 618.33 454.96 163.37 9/2/2014 654.64 618.33 978.52 454.96 (323.88) 163.37 2.86 3/2/2015 604.42 444.63 159.79 9/2/2015 681.00 604.42 612.68 444.63 68.32 159.79 387.90 3/2/2016 589.44 437.10 152.34 9/2/2016 711.75 589.44 625.90 437.10 85.85 152.34 390.53 3/2/2017 573.42 428.31 145.11 9/2/2017 742.51 573.42 639.12 428.31 103.39 145.11 393.61 3/2/2018 556.53 418.21 138.32 9/2/2018 777.66 556.53 661.16 418.21 116.50 138.32 393.14 3/2/2019 538.45 407.11 131.34 9/2/2019 812.80 538.45 683.20 407.11 129.60 131.34 392.28 3/2/2020 519.15 394.61 124.54 9/2/2020 852.35 519.15 705.24 394.61 147.11 124.54 396.19 3/2/2021 498.48 380.83 117.65 9/2/2021 891.89 498.48 731.69 380.83 160.20 117.65 395.50 3/2/2022 476.74 365.61 111.13 9/2/2022 935.82 476.74 762.54 365.61 173.28 111.13 395.54 3/2/2023 453.34 348.99 104.35 9/2/2023 984.15 453.34 797.80 348.99 186.35 104.35 395.05 3/2/2024 428.49 331.00 97.49 9/2/2024 1,032.48 428.49 833.06 331.00 199.42 97.49 394.40 3/2/2025 402.42 312.01 90.41 9/2/2025 1,085.20 402.42 872.73 312.01 212.47 90.41 393.29 3/2/2026 374.48 291.68 82.80 9/2/2026 1,137.93 374.48 912.40 291.68 225.53 82.80 391.13 3/2/2027 345.18 269.97 75.21 9/2/2027 1,199.44 345.18 956.48 269.97 242.96 75.21 393.38 3/2/2028 314.29 246.97 67.32 9/2/2028 1,260.95 314.29 1,004.97 246.97 255.98 67.32 390.62 3/2/2029 281.82 222.56 59.26 9/2/2029 1,326.85 281.82 1,053.45 222.56 273.40 59.26 391.92 3/2/2030 247.65 196.43 51.22 9/2/2030 1,392.75 247.65 1,101.94 196.43 290.81 51.22 393.25 3/2/2031 211.44 168.84 42.60 9/2/2031 1,467.44 211.44 1,159.24 168.84 308.20 42.60 393.40 3/2/2032 173.29 139.51 33.78 9/2/2032 1,542.13 173.29 1,216.54 139.51 325.59 33.78 393.15 3/2/2033 133.19 107.83 25.36 9/2/2033 1,621.22 133.19 1,282.65 107.83 338.57 25.36 389.29 3/2/2034 91.04 73.78 17.26 9/2/2034 1,704.69 91.04 1,348.77 73.78 355.92 17.26 390.44 3/2/2035 46.72 37.98 8.74 9/2/2035 1.796.96 46.72 1.423.70 37.98 373.26 8.74 390.74 Totals $25,240.89 $17,587.83 $20,363.77 $13,491.12 $4,877.11 $4,096.71 $8,973.82 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $21,541.30 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $664.61 $667.71 $0.00 $564.12 $664.61 $103.59 $768.20 3/2/2014 654.09 481.27 172.82 9/2/2014 692.49 654.09 1,035.10 481.27 (342.61) 172.82 3.03 3/2/2015 639.37 470.34 169.03 9/2/2015 720.38 639.37 648.10 470.34 72.28 169.03 410.34 3/2/2016 623.52 462.37 161.15 9/2/2016 752.91 623.52 662.09 462.37 90.82 161.15 413.12 3/2/2017 606.58 453.07 153.51 9/2/2017 785.44 606.58 676.08 453.07 109.36 153.51 416.38 3/2/2018 588.71 442.40 146.31 9/2/2018 822.62 588.71 699.39 442.40 123.23 146.31 415.85 3/2/2019 569.59 430.65 138.94 9/2/2019 859.81 569.59 722.71 430.65 137.10 138.94 414.98 3/2/2020 549.17 417.43 131.74 9/2/2020 901.63 549.17 746.02 417.43 155.61 131.74 419.09 3/2/2021 527.30 402.85 124.45 9/2/2021 943.46 527.30 773.99 402.85 169.47 124.45 418.37 3/2/2022 504.30 386.75 117.55 9/2/2022 989.94 504.30 806.63 386.75 183.31 117.55 418.41 3/2/2023 479.56 369.17 110.39 9/2/2023 1,041.06 479.56 843.93 369.17 197.13 110.39 417.91 3/2/2024 453.27 350.14 103.13 9/2/2024 1,092.19 453.27 881.24 350.14 210.95 103.13 417.21 3/2/2025 425.69 330.06 95.63 9/2/2025 1,147.96 425.69 923.20 330.06 224.76 95.63 416.02 3/2/2026 396.13 308.55 87.58 9/2/2026 1,203.73 396.13 965.16 308.55 238.57 87.58 413.73 3/2/2027 365.14 285.58 79.56 9/2/2027 1,268.79 365.14 1,011.79 285.58 257.00 79.56 416.12 3/2/2028 332.46 261.25 71.21 9/2/2028 1,333.86 332.46 1,063.08 261.25 270.78 71.21 413.20 3/2/2029 298.12 235.43 62.69 9/2/2029 1,403.57 298.12 1,114.37 235.43 289.20 62.69 414.58 3/2/2030 261.98 207.79 54.19 9/2/2030 1,473.29 261.98 1,165.66 207.79 307.63 54.19 416.01 3/2/2031 223.67 178.60 45.07 9/2/2031 1,552.30 223.67 1,226.27 178.60 326.03 45.07 416.17 3/2/2032 183.31 147.58 35.73 9/2/2032 1,631.31 183.31 1,286.88 147.58 344.43 35.73 415.89 3/2/2033 140.90 114.06 26.84 9/2/2033 1,714.96 140.90 1,356.82 114.06 358.14 26.84 411.82 3/2/2034 96.31 78.05 18.26 9/2/2034 1,803.27 96.31 1,426.76 78.05 376.51 18.26 413.03 3/2/2035 49.42 40.17 9.25 9/2/2035 1.900.87 49.42 1.506.03 40.17 394.84 9.25 413.34 Totals $26,700.45 $18,604.89 $21,541.30 $14,271.24 $5,159.15 $4,333.65 $9,492.80 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4,2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $23,351.77 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $720.46 $723.83 $0.00 $611.53 $720.46 $112.30 $832.76 3/2/2014 709.06 521.72 187.34 9/2/2014 750.69 709.06 1,122.10 521.72 (371.41) 187.34 3.27 3/2/2015 693.11 509.87 183.24 9/2/2015 780.92 693.11 702.57 509.87 78.35 183.24 444.83 3/2/2016 675.93 501.23 174.70 9/2/2016 816.19 675.93 717.74 501.23 98.45 174.70 447.85 3/2/2017 657.56 491.15 166.41 9/2/2017 851.46 657.56 732.90 491.15 118.56 166.41 451.38 3/2/2018 638.19 479.58 158.61 9/2/2018 891.76 638.19 758.17 479.58 133.59 158.61 450.81 3/2/2019 617.46 466.84 150.62 9/2/2019 932.07 617.46 783.45 466.84 148.62 150.62 449.86 3/2/2020 595.32 452.51 142.81 9/2/2020 977.41 595.32 808.72 452.51 168.69 142.81 454.31 3/2/2021 571.62 436.71 134.91 9/2/2021 1,022.76 571.62 839.05 436.71 183.71 134.91 453.53 3/2/2022 546.69 419.26 127.43 9/2/2022 1,073.14 546.69 874.43 419.26 198.71 127.43 453.57 3/2/2023 519.86 400.20 119.66 9/2/2023 1,128.56 519.86 914.86 400.20 213.70 119.66 453.02 3/2/2024 491.37 379.57 111.80 9/2/2024 1,183.98 491.37 955.30 379.57 228.68 111.80 452.28 3/2/2025 461.47 357.80 103.67 9/2/2025 1,244.44 461.47 1,000.79 357.80 243.65 103.67 450.99 3/2/2026 429.43 334.48 94.95 9/2/2026 1,304.90 429.43 1,046.28 334.48 258.62 94.95 448.52 3/2/2027 395.82 309.58 86.24 9/2/2027 1,375.43 395.82 1,096.83 309.58 278.60 86.24 451.08 3/2/2028 360.41 283.21 77.20 9/2/2028 1,445.97 360.41 1,152.42 283.21 293.55 77.20 447.95 3/2/2029 323.17 255.21 67.96 9/2/2029 1,521.54 323.17 1,208.02 255.21 313.52 67.96 449.44 3/2/2030 283.99 225.26 58.73 9/2/2030 1,597.11 283.99 1,263.62 225.26 333.49 58.73 450.95 3/2/2031 242.47 193.61 48.86 9/2/2031 1,682.76 242.47 1,329.33 193.61 353.43 48.86 451.15 3/2/2032 198.72 159.98 38.74 9/2/2032 1,768.41 198.72 1,395.04 159.98 373.37 38.74 450.85 3/2/2033 152.74 123.65 29.09 9/2/2033 1,859.10 152.74 1,470.86 123.65 388.24 29.09 446.42 3/2/2034 104.40 84.61 19.79 9/2/2034 1,954.83 104.40 1,546.68 84.61 408.15 19.79 447.73 3/2/2035 53.58 43.55 10.03 9/2/2035 2.060.63 53.58 1.632.60 43.55 428.03 10.03 448.09 Totals $28,944.52 $20,168.57 $23,351.77 $15,470.69 $5,592.76 $4,697.88 $10,290.64 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $25,129.32 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $775.31 $778.93 $0.00 $658.08 $775.31 $120.85 $896.16 3/2/2014 763.03 561.43 201.60 9/2/2014 807.84 763.03 1,207.51 561.43 (399.67) 201.60 3.53 3/2/2015 745.87 548.68 197.19 9/2/2015 840.37 745.87 756.06 548.68 84.31 197.19 478.69 3/2/2016 727.38 539.39 187.99 9/2/2016 878.32 727.38 772.37 539.39 105.95 187.99 481.93 3/2/2017 707.62 528.54 179.08 9/2/2017 916.27 707.62 788.69 528.54 127.58 179.08 485.74 3/2/2018 686.77 516.08 170.69 9/2/2018 959.64 686.77 815.89 516.08 143.75 170.69 485.13 3/2/2019 664.46 502.38 162.08 9/2/2019 1,003.02 664.46 843.08 502.38 159.94 162.08 484.10 3/2/2020 640.64 486.96 153.68 9/2/2020 1,051.81 640.64 870.28 486.96 181.53 153.68 488.89 3/2/2021 615.13 469.95 145.18 9/2/2021 1,100.61 615.13 902.91 469.95 197.70 145.18 488.06 3/2/2022 588.30 451.17 137.13 9/2/2022 1,154.83 588.30 940.99 451.17 213.84 137.13 488.10 3/2/2023 559.43 430.66 128.77 9/2/2023 1,214.47 559.43 984.50 430.66 229.97 128.77 487.51 3/2/2024 528.77 408.47 120.30 9/2/2024 1,274.10 528.77 1,028.02 408.47 246.08 120.30 486.68 3/2/2025 496.60 385.03 111.57 9/2/2025 1,339.16 496.60 1,076.97 385.03 262.19 111.57 485.33 3/2/2026 462.11 359.94 102.17 9/2/2026 1,404.23 462.11 1,125.92 359.94 278.31 102.17 482.65 3/2/2027 425.95 333.15 92.80 9/2/2027 1,480.13 425.95 1,180.32 333.15 299.81 92.80 485.41 3/2/2028 387.84 304.77 83.07 9/2/2028 1,556.03 387.84 1,240.15 304.77 315.88 83.07 482.02 3/2/2029 347.77 274.64 73.13 9/2/2029 1,637.36 347.77 1,299.98 274.64 337.38 73.13 483.64 3/2/2030 305.61 242.40 63.21 9/2/2030 1,718.69 305.61 1,359.81 242.40 358.88 63.21 485.30 3/2/2031 260.93 208.35 52.58 9/2/2031 1,810.85 260.93 1,430.52 208.35 380.33 52.58 485.49 3/2/2032 213.84 172.16 41.68 9/2/2032 1,903.02 213.84 1,501.23 172.16 401.79 41.68 485.15 3/2/2033 164.36 133.06 31.30 9/2/2033 2,000.61 164.36 1,582.82 133.06 417.79 31.30 480.39 3/2/2034 112.35 91.05 21.30 9/2/2034 2,103.63 112.35 1,664.41 91.05 439.22 21.30 481.82 3/2/2035 57.65 46.86 10.79 9/2/2035 2.217.48 57.65 1.756.88 46.86 460.60 10.79 482.18 Totals $31,147.78 $21,703.75 $25,129.32 $16,648.32 $6,018.47 $5,055.43 $11,073.90 City of Carlsbad Reassessment District No. 2012-1, City ofCarlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $25,432.17 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $784.65 $788.31 $0.00 $666.01 $784.65 $122.30 $906.95 3/2/2014 772.23 568.20 204.03 9/2/2014 817.57 772.23 1,222.07 568.20 (404.50) 204.03 3.56 3/2/2015 754.86 555.30 199.56 9/2/2015 850.49 754.86 765.17 555.30 85.32 199.56 484.44 3/2/2016 736.14 545.89 190.25 9/2/2016 888.90 736.14 781.68 545.89 107.22 190.25 487.72 3/2/2017 716.14 534.91 181.23 9/2/2017 927.31 716.14 798.20 534.91 129.11 181.23 491.57 3/2/2018 695.05 522.30 172.75 9/2/2018 971.21 695.05 825.72 522.30 145.49 172.75 490.99 3/2/2019 672.47 508.43 164.04 9/2/2019 1,015.11 672.47 853.24 508.43 161.87 164.04 489.95 3/2/2020 648.36 492.82 155.54 9/2/2020 1,064.49 648.36 880.77 492.82 183.72 155.54 494.80 3/2/2021 622.54 475.61 146.93 9/2/2021 1,113.87 622.54 913.80 475.61 200.07 146.93 493.93 3/2/2022 595.39 456.61 138.78 9/2/2022 1,168.74 595.39 952.33 456.61 216.41 138.78 493.97 3/2/2023 566.18 435.85 130.33 9/2/2023 1,229.10 566.18 996.37 435.85 232.73 130.33 493.39 3/2/2024 535.14 413.39 121.75 9/2/2024 1,289.46 535.14 1,040.41 413.39 249.05 121.75 492.55 3/2/2025 502.58 389.67 112.91 9/2/2025 1,355.30 502.58 1,089.95 389.67 265.35 112.91 491.17 3/2/2026 467.68 364.28 103.40 9/2/2026 1,421.15 467.68 1,139.49 364.28 281.66 103.40 488.46 3/2/2027 431.09 337.16 93.93 9/2/2027 1,497.97 431.09 1,194.54 337.16 303.43 93.93 491.29 3/2/2028 392.52 308.44 84.08 9/2/2028 1,574.79 392.52 1,255.09 308.44 319.70 84.08 487.86 3/2/2029 351.96 277.95 74.01 9/2/2029 1,657.09 351.96 1,315.65 277.95 341.44 74.01 489.46 3/2/2030 309.29 245.33 63.96 9/2/2030 1,739.40 309.29 1,376.20 245.33 363.20 63.96 491.12 3/2/2031 264.07 210.86 53.21 9/2/2031 1,832.68 264.07 1,447.76 210.86 384.92 53.21 491.34 3/2/2032 216.42 174.24 42.18 9/2/2032 1,925.96 216.42 1,519.32 174.24 406.64 42.18 491.00 3/2/2033 166.35 134.67 31.68 9/2/2033 2,024.73 166.35 1,601.90 134.67 422.83 31.68 486.19 3/2/2034 113.70 92.14 21.56 9/2/2034 2,128.98 113.70 1,684.47 92.14 444.51 21.56 487.63 3/2/2035 58.35 47.43 10.92 9/2/2035 2,244.21 58.35 1.778.05 47.43 466.16 10.92 488.00 Totals $31,523.16 $21,965.33 $25,432.17 $16,848.97 $6,090.98 $5,116.36 $11,207.34 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $25,440.00 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $784.89 $788.56 $0.00 $666.22 $784.89 $122.34 $907.23 3/2/2014 772.47 568.37 204.10 9/2/2014 817.82 772.47 1,222.44 568.37 (404.62) 204.10 3.58 3/2/2015 755.09 555.47 199.62 9/2/2015 850.76 755.09 765.40 555.47 85.36 199.62 484.60 3/2/2016 736.37 546.06 190.31 9/2/2016 889.18 736.37 781.92 546.06 107.26 190.31 487.88 3/2/2017 716.36 535.07 181.29 9/2/2017 927.60 716.36 798.44 535.07 129.16 181.29 491.74 3/2/2018 695.26 522.46 172.80 9/2/2018 971.51 695.26 825.97 522.46 145.54 172.80 491.14 3/2/2019 672.67 508.59 164.08 9/2/2019 1,015.42 672.67 853.51 508.59 161.91 164.08 490.07 3/2/2020 648.56 492.98 155.58 9/2/2020 1,064.82 648.56 881.04 492.98 183.78 155.58 494.94 3/2/2021 622.74 475.76 146.98 9/2/2021 1,114.22 622.74 914.08 475.76 200.14 146.98 494.10 3/2/2022 595.58 456.75 138.83 9/2/2022 1,169.10 595.58 952.62 456.75 216.48 138.83 494.14 3/2/2023 566.35 435.99 130.36 9/2/2023 1,229.48 566.35 996.68 435.99 232.80 130.36 493.52 3/2/2024 535.31 413.52 121.79 9/2/2024 1,289.86 535.31 1,040.73 413.52 249.13 121.79 492.71 3/2/2025 502.74 389.79 112.95 9/2/2025 1,355.72 502.74 1,090.29 389.79 265.43 112.95 491.33 3/2/2026 467.83 364.39 103.44 9/2/2026 1,421.59 467.83 1,139.84 364.39 281.75 103.44 488.63 3/2/2027 431.22 337.27 93.95 9/2/2027 1,498.43 431.22 1,194.91 337.27 303.52 93.95 491.42 3/2/2028 392.64 308.54 84.10 9/2/2028 1,575.27 392.64 1,255.48 308.54 319.79 84.10 487.99 3/2/2029 352.07 278.03 74.04 9/2/2029 1,657.60 352.07 1,316.05 278.03 341.55 74.04 489.63 3/2/2030 309.39 245.40 63.99 9/2/2030 1,739.93 309.39 1,376.62 245.40 363.31 63.99 491.29 3/2/2031 264.15 210.92 53.23 9/2/2031 1,833.24 264.15 1,448.21 210.92 385.03 53.23 491.49 3/2/2032 216.49 174.29 42.20 9/2/2032 1,926.55 216.49 1,519.79 174.29 406.76 42.20 491.16 3/2/2033 166.40 134.71 31.69 9/2/2033 2,025.35 166.40 1,602.39 134.71 422.96 31.69 486.34 3/2/2034 113.74 92.17 21.57 9/2/2034 2,129.64 113.74 1,684.99 92.17 444.65 21.57 487.79 3/2/2035 58.37 47.44 10.93 9/2/2035 2.244.90 58.37 1.778.60 47.44 466.30 10.93 488.16 Totals $31,532.88 $21,972.16 $25,440.00 $16,854.16 $6,092.88 $5,118.00 $11,210.88 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $25,452.94 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $785.29 $788.96 $0.00 $666.56 $785.29 $122.40 $907.69 3/2/2014 772.86 568.66 204.20 9/2/2014 818.24 772.86 1,223.06 568.66 (404.82) 204.20 3.58 3/2/2015 755.47 555.75 199.72 9/2/2015 851.19 755.47 765.79 555.75 85.40 199.72 484.84 3/2/2016 736.75 546.33 190.42 9/2/2016 889.63 736.75 782.32 546.33 107.31 190.42 488.15 3/2/2017 716.73 535.35 181.38 9/2/2017 928.07 716.73 798.85 535.35 129.22 181.38 491.98 3/2/2018 695.62 522.73 172.89 9/2/2018 972.00 695.62 826.39 522.73 145.61 172.89 491.39 3/2/2019 673.02 508.85 164.17 9/2/2019 1,015.94 673.02 853.94 508.85 162.00 164.17 490.34 3/2/2020 648.89 493.23 155.66 9/2/2020 1,065.36 648.89 881.49 493.23 183.87 155.66 495.19 3/2/2021 623.05 476.00 147.05 9/2/2021 1,114.78 623.05 914.54 476.00 200.24 147.05 494.34 3/2/2022 595.88 456.98 138.90 9/2/2022 1,169.70 595.88 953.11 456.98 216.59 138.90 494.39 3/2/2023 566.64 436.21 130.43 9/2/2023 1,230.11 566.64 997.18 436.21 232.93 130.43 493.79 3/2/2024 535.58 413.73 121.85 9/2/2024 1,290.51 535.58 1,041.26 413.73 249.25 121.85 492.95 3/2/2025 502.99 389.99 113.00 9/2/2025 1,356.41 502.99 1,090.84 389.99 265.57 113.00 491.57 3/2/2026 468.06 364.58 103.48 9/2/2026 1,422.31 468.06 1,140.42 364.58 281.89 103.48 488.85 3/2/2027 431.44 337.44 94.00 9/2/2027 1,499.19 431.44 1,195.52 337.44 303.67 94.00 491.67 3/2/2028 392.84 308.69 84.15 9/2/2028 1,576.07 392.84 1,256.12 308.69 319.95 84.15 488.25 3/2/2029 352.25 278.18 74.07 9/2/2029 1,658.45 352.25 1,316.72 278.18 341.73 74.07 489.87 3/2/2030 309.55 245.53 64.02 9/2/2030 1,740.82 309.55 1,377.32 245.53 363.50 64.02 491.54 3/2/2031 264.29 211.03 53.26 9/2/2031 1,834.18 264.29 1,448.94 211.03 385.24 53.26 491.76 3/2/2032 216.60 174.38 42.22 9/2/2032 1,927.53 216.60 1,520.57 174.38 406.96 42.22 491.40 3/2/2033 166.48 134.78 31.70 9/2/2033 2,026.38 166.48 1,603.20 134.78 423.18 31.70 486.58 3/2/2034 113.80 92.22 21.58 9/2/2034 2,130.72 113.80 1,685.84 92.22 444.88 21.58 488.04 3/2/2035 58.40 47.47 10.93 9/2/2035 2.246.04 58.40 1.779.50 47.47 466.54 10.93 488.40 Totals $31,548.92 $21,983.34 $25,452.94 $16,862.78 $6,096.00 $5,120.56 $11,216.56 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $27,387.95 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $844.99 $848.94 $0.00 $717.23 $844.99 $131.71 $976.70 3/2/2014 831.61 611.89 219.72 9/2/2014 880.44 831.61 1,316.04 611.89 (435.60) 219.72 3.84 3/2/2015 812.91 598.00 214.91 9/2/2015 915.90 812.91 824.01 598.00 91.89 214.91 521.71 3/2/2016 792.76 587.87 204.89 9/2/2016 957.26 792.76 841.79 587.87 115.47 204.89 525.25 3/2/2017 771.22 576.05 195.17 9/2/2017 998.63 771.22 859.58 576.05 139.05 195.17 529.39 3/2/2018 748.50 562.47 186.03 9/2/2018 1,045.90 748.50 889.22 562.47 156.68 186.03 528.74 3/2/2019 724.18 547.53 176.65 9/2/2019 1,093.17 724.18 918.86 547.53 174.31 176.65 527.61 3/2/2020 698.22 530.72 167.50 9/2/2020 1,146.35 698.22 948.50 530.72 197.85 167.50 532.85 3/2/2021 670.42 512.19 158.23 9/2/2021 1,199.53 670.42 984.07 512.19 215.46 158.23 531.92 3/2/2022 641.18 491.72 149.46 9/2/2022 1,258.62 641.18 1,025.57 491.72 233.05 149.46 531.97 3/2/2023 609.72 469.37 140.35 9/2/2023 1,323.62 609.72 1,072.99 469.37 250.63 140.35 531.33 3/2/2024 576.29 445.18 131.11 9/2/2024 1,388.62 576.29 1,120.42 445.18 268.20 131.11 530.42 3/2/2025 541.23 419.64 121.59 9/2/2025 1,459.53 541.23 1,173.77 419.64 285.76 121.59 528.94 3/2/2026 503.65 392.29 111.36 9/2/2026 1,530.44 503.65 1,227.12 392.29 303.32 111.36 526.04 3/2/2027 464.24 363.09 101.15 9/2/2027 1,613.16 464.24 1,286.40 363.09 326.76 101.15 529.06 3/2/2028 422.70 332.16 90.54 9/2/2028 1,695.89 422.70 1,351.61 332.16 344.28 90.54 525.36 3/2/2029 379.03 299.32 79.71 9/2/2029 1,784.53 379.03 1,416.82 299.32 367.71 79.71 527.13 3/2/2030 333.08 264.19 68.89 9/2/2030 1,873.16 333.08 1,482.03 264.19 391.13 68.89 528.91 3/2/2031 284.38 227.07 57.31 9/2/2031 1,973.61 284.38 1,559.10 227.07 414.51 57.31 529.13 3/2/2032 233.06 187.64 45.42 9/2/2032 2,074.07 233.06 1,636.16 187.64 437.91 45.42 528.75 3/2/2033 179.14 145.02 34.12 9/2/2033 2,180.43 179.14 1,725.08 145.02 455.35 34.12 523.59 3/2/2034 122.45 99.23 23.22 9/2/2034 2,292.70 122.45 1,814.01 99.23 478.69 23.22 525.13 3/2/2035 62.84 51.07 11.77 9/2/2035 2,416.79 62.84 1.914.78 51.07 502.01 11.77 525.55 Totals $33,947.34 $23,654.56 $27,387.95 $18,144.65 $6,559.41 $5,509.91 $12,069.32 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $27,907.20 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $861.01 $865.03 $0.00 $730.83 $861.01 $134.20 $995.21 3/2/2014 847.38 623.49 223.89 9/2/2014 897.14 847.38 1,341.00 623.49 (443.86) 223.89 3.92 3/2/2015 828.32 609.34 218.98 9/2/2015 933.26 828.32 839.63 609.34 93.63 218.98 531.59 3/2/2016 807.79 599.01 208.78 9/2/2016 975.41 807.79 857.75 599.01 117.66 208.78 535.22 3/2/2017 785.84 586.97 198.87 9/2/2017 1,017.56 785.84 875.88 586.97 141.68 198.87 539.42 3/2/2018 762.69 573.13 189.56 9/2/2018 1,065.73 762.69 906.08 573.13 159.65 189.56 538.77 3/2/2019 737.91 557.92 179.99 9/2/2019 1,113.90 737.91 936.28 557.92 177.62 179.99 537.60 3/2/2020 711.46 540.79 170.67 9/2/2020 1,168.08 711.46 966.48 540.79 201.60 170.67 542.94 3/2/2021 683.13 521.90 161.23 9/2/2021 1,222.27 683.13 1,002.73 521.90 219.54 161.23 542.00 3/2/2022 653.34 501.05 152.29 9/2/2022 1,282.48 653.34 1,045.01 501.05 237.47 152.29 542.05 3/2/2023 621.28 478.27 143.01 9/2/2023 1,348.72 621.28 1,093.33 478.27 255.39 143.01 541.41 3/2/2024 587.22 453.62 133.60 9/2/2024 1,414.95 587.22 1,141.66 453.62 273.29 133.60 540.49 3/2/2025 551.49 427.59 123.90 9/2/2025 1,487.20 551.49 1,196.02 427.59 291.18 123.90 538.98 3/2/2026 513.20 399.73 113.47 9/2/2026 1,559.45 513.20 1,250.39 399.73 309.06 113.47 536.00 3/2/2027 473.04 369.98 103.06 9/2/2027 1,643.75 473.04 1,310.79 369.98 332.96 103.06 539.08 3/2/2028 430.71 338.46 92.25 9/2/2028 1,728.04 430.71 1,377.24 338.46 350.80 92.25 535.30 3/2/2029 386.22 305.00 81.22 9/2/2029 1,818.36 386.22 1,443.68 305.00 374.68 81.22 537.12 3/2/2030 339.39 269.20 70.19 9/2/2030 1,908.67 339.39 1,510.13 269.20 398.54 70.19 538.92 3/2/2031 289.77 231.38 58.39 9/2/2031 2,011.03 289.77 1,588.66 231.38 422.37 58.39 539.15 3/2/2032 237.48 191.19 46.29 9/2/2032 2,113.39 237.48 1,667.18 191.19 446.21 46.29 538.79 3/2/2033 182.53 147.77 34.76 9/2/2033 2,221.77 182.53 1,757.79 147.77 463.98 34.76 533.50 3/2/2034 124.77 101.11 23.66 9/2/2034 2,336.17 124.77 1,848.40 101.11 487.77 23.66 535.09 3/2/2035 64.03 52.04 11.99 9/2/2035 2.462.61 64.03 1,951.09 52.04 511.52 11.99 535.50 Totals $34,590.95 $24,103.01 $27,907.20 $18,488.71 $6,683.75 $5,614.30 $12,298.05 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $28,762.19 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $887.39 $891.53 $0.00 $753.22 $887.39 $138.31 $1,025.70 3/2/2014 873.34 642.60 230.74 9/2/2014 924.62 873.34 1,382.08 642.60 (457.46) 230.74 4.02 3/2/2015 853.69 628.00 225.69 9/2/2015 961.86 853.69 865.36 628.00 96.50 225.69 547.88 3/2/2016 832.53 617.37 215.16 9/2/2016 1,005.29 832.53 884.03 617.37 121.26 215.16 551.58 3/2/2017 809.91 604.95 204.96 9/2/2017 1,048.73 809.91 902.71 604.95 146.02 204.96 555.94 3/2/2018 786.06 590.69 195.37 9/2/2018 1,098.38 786.06 933.84 590.69 164.54 195.37 555.28 3/2/2019 760.52 575.01 185.51 9/2/2019 1,148.02 760.52 964.97 575.01 183.05 185.51 554.07 3/2/2020 733.25 557.35 175.90 9/2/2020 1,203.87 733.25 996.09 557.35 207.78 175.90 559.58 3/2/2021 704.06 537.89 166.17 9/2/2021 1,259.72 704.06 1,033.45 537.89 226.27 166.17 558.61 3/2/2022 673.35 516.40 156.95 9/2/2022 1,321.78 673.35 1,077.03 516.40 244.75 156.95 558.65 3/2/2023 640.31 492.92 147.39 9/2/2023 1,390.04 640.31 1,126.83 492.92 263.21 147.39 557.99 3/2/2024 605.21 467.52 137.69 9/2/2024 1,458.30 605.21 1,176.64 467.52 281.66 137.69 557.04 3/2/2025 568.39 440.69 127.70 9/2/2025 1,532.76 568.39 1,232.67 440.69 300.09 127.70 555.49 3/2/2026 528.92 411.98 116.94 9/2/2026 1,607.23 528.92 1,288.70 411.98 318.53 116.94 552.41 3/2/2027 487.53 381.31 106.22 9/2/2027 1,694.11 487.53 1,350.95 381.31 343.16 106.22 555.60 3/2/2028 443.91 348.83 95.08 9/2/2028 1,780.99 443.91 1,419.43 348.83 361.56 95.08 551.72 3/2/2029 398.05 314.34 83.71 9/2/2029 1,874.07 398.05 1,487.91 314.34 386.16 83.71 553.58 3/2/2030 349.79 277.45 72.34 9/2/2030 1,967.15 349.79 1,556.40 277.45 410.75 72.34 555.43 3/2/2031 298.65 238.47 60.18 9/2/2031 2,072.64 298.65 1,637.33 238.47 435.31 60.18 555.67 3/2/2032 244.76 197.05 47.71 9/2/2032 2,178.14 244.76 1,718.26 197.05 459.88 47.71 555.30 3/2/2033 188.13 152.30 35.83 9/2/2033 2,289.84 188.13 1,811.64 152.30 478.20 35.83 549.86 3/2/2034 128.59 104.21 24.38 9/2/2034 2,407.74 128.59 1,905.03 104.21 502.71 24.38 551.47 3/2/2035 65.99 53.64 12.35 9/2/2035 2,538.06 65.99 2,010.86 53.64 527.20 12.35 551.90 Totals $35,650.73 $24,841.41 $28,762.19 $19,055.16 $6,888.52 $5,786.25 $12,674.77 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $29,349.37 Parcel Count with Same Reassessment: 2 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $905.51 $909.73 $0.00 $768.60 $905.51 $141.13 $1,046.64 3/2/2014 891.17 655.71 235.46 9/2/2014 943.50 891.17 1,410.29 655.71 (466.79) 235.46 4.13 3/2/2015 871.12 640.83 230.29 9/2/2015 981.49 871.12 883.02 640.83 98.47 230.29 559.05 3/2/2016 849.53 629.97 219.56 9/2/2016 1,025.82 849.53 902.08 629.97 123.74 219.56 562.86 3/2/2017 826.45 617.30 209.15 9/2/2017 1,070.14 826.45 921.14 617.30 149.00 209.15 567.30 3/2/2018 802.10 602.75 199.35 9/2/2018 1,120.80 802.10 952.90 602.75 167.90 199.35 566.60 3/2/2019 776.04 586.75 189.29 9/2/2019 1,171.46 776.04 984.67 586.75 186.79 189.29 565.37 3/2/2020 748.22 568.73 179.49 9/2/2020 1,228.45 748.22 1,016.43 568.73 212.02 179.49 571.00 3/2/2021 718.43 548.87 169.56 9/2/2021 1,285.44 718.43 1,054.54 548.87 230.90 169.56 570.02 3/2/2022 687.10 526.94 160.16 9/2/2022 1,348.76 687.10 1,099.01 526.94 249.75 160.16 570.07 3/2/2023 653.38 502.99 150.39 9/2/2023 1,418.41 653.38 1,149.83 502.99 268.58 150.39 569.36 3/2/2024 617.57 477.06 140.51 9/2/2024 1,488.07 617.57 1,200.66 477.06 287.41 140.51 568.43 3/2/2025 579.99 449.69 130.30 9/2/2025 1,564.06 579.99 1,257.83 449.69 306.23 130.30 566.83 3/2/2026 539.72 420.39 119.33 9/2/2026 1,640.04 539.72 1,315.00 420.39 325.04 119.33 563.70 3/2/2027 497.49 389.10 108.39 9/2/2027 1,728.69 497.49 1,378.53 389.10 350.16 108.39 566.94 3/2/2028 452.97 355.95 97.02 9/2/2028 1,817.34 452.97 1,448.41 355.95 368.93 97.02 562.97 3/2/2029 406.18 320.76 85.42 9/2/2029 1,912.33 406.18 1,518.29 320.76 394.04 85.42 564.88 3/2/2030 356.93 283.11 73.82 9/2/2030 2,007.31 356.93 1,588.17 283.11 419.14 73.82 566.78 3/2/2031 304.74 243.34 61.40 9/2/2031 2,114.96 304.74 1,670.75 243.34 444.21 61.40 567.01 3/2/2032 249.75 201.07 48.68 9/2/2032 2,222.61 249.75 1,753.34 201.07 469.27 48.68 566.63 3/2/2033 191.97 155.41 36.56 9/2/2033 2,336.59 191.97 1,848.63 155.41 487.96 36.56 561.08 3/2/2034 131.22 106.34 24.88 9/2/2034 2,456.90 131.22 1,943.92 106.34 512.98 24.88 562.74 3/2/2035 67.34 54.73 12.61 9/2/2035 2.589.87 67.34 2.051.92 54.73 537.95 12.61 563.17 Totals $36,378.55 $25,348.55 $29,349.37 $19,444.18 $7,029.19 $5,904.37 $12,933.56 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $30,087.99 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $928.29 $932.63 $0.00 $787.94 $928.29 $144.69 $1,072.98 3/2/2014 913.60 672.22 241.38 9/2/2014 967.24 913.60 1,445.79 672.22 (478.55) 241.38 4.21 3/2/2015 893.05 656.95 236.10 9/2/2015 1,006.19 893.05 905.24 656.95 100.95 236.10 573.15 3/2/2016 870.91 645.82 225.09 9/2/2016 1,051.63 870.91 924.78 645.82 126.85 225.09 577.03 3/2/2017 847.25 632.84 214.41 9/2/2017 1,097.07 847.25 944.32 632.84 152.75 214.41 581.57 3/2/2018 822.29 617.92 204.37 9/2/2018 1,149.01 822.29 976.88 617.92 172.13 204.37 580.87 3/2/2019 795.57 601.51 194.06 9/2/2019 1,200.94 795.57 1,009.45 601.51 191.49 194.06 579.61 3/2/2020 767.05 583.05 184.00 9/2/2020 1,259.36 767.05 1,042.01 583.05 217.35 184.00 585.35 3/2/2021 736.51 562.68 173.83 9/2/2021 1,317.79 736.51 1,081.08 562.68 236.71 173.83 584.37 3/2/2022 704.39 540.20 164.19 9/2/2022 1,382.70 704.39 1,126.67 540.20 256.03 164.19 584.41 3/2/2023 669.82 515.64 154.18 9/2/2023 1,454.11 669.82 1,178.77 515.64 275.34 154.18 583.70 3/2/2024 633.11 489.07 144.04 9/2/2024 1,525.52 633.11 1,230.87 489.07 294.65 144.04 582.73 3/2/2025 594.59 461.01 133.58 9/2/2025 1,603.42 594.59 1,289.49 461.01 313.93 133.58 581.09 3/2/2026 553.30 430.97 122.33 9/2/2026 1,681.32 553.30 1,348.10 430.97 333.22 122.33 577.88 3/2/2027 510.01 398.89 111.12 9/2/2027 1,772.20 510.01 1,413.22 398.89 358.98 111.12 581.22 3/2/2028 464.37 364.91 99.46 9/2/2028 1,863.08 464.37 1,484.86 364.91 378.22 99.46 577.14 3/2/2029 416.40 328.83 87.57 9/2/2029 1,960.45 416.40 1,556.50 328.83 403.95 87.57 579.09 3/2/2030 365.92 290.24 75.68 9/2/2030 2,057.83 365.92 1,628.14 290.24 429.69 75.68 581.05 3/2/2031 312.41 249.46 62.95 9/2/2031 2,168.18 312.41 1,712.80 249.46 455.38 62.95 581.28 3/2/2032 256.04 206.13 49.91 9/2/2032 2,278.54 256.04 1,797.46 206.13 481.08 49.91 580.90 3/2/2033 196.80 159.32 37.48 9/2/2033 2,395.39 196.80 1,895.15 159.32 500.24 37.48 575.20 3/2/2034 134.52 109.01 25.51 9/2/2034 2,518.73 134.52 1,992.84 109.01 525.89 25.51 576.91 3/2/2035 69.03 56.11 12.92 9/2/2035 2,655.05 69.03 2,103.55 56.11 551.50 12.92 577.34 Totals $37,294.04 $25,986.51 $30,087.99 $19,933.50 $7,206.07 $6,053.01 $13,259.08 City ofCarlsbad Reassessment District No. 2012-1, City ofCarlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $30,634.93 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $945.17 $949.58 $0.00 $802.26 $945.17 $147.32 $1,092.49 3/2/2014 930.21 684.44 245.77 9/2/2014 984.83 930.21 1,472.07 684.44 (487.24) 245.77 4.30 3/2/2015 909.28 668.89 240.39 9/2/2015 1,024.48 909.28 921.70 668.89 102.78 240.39 583.56 3/2/2016 886.74 657.56 229.18 9/2/2016 1,070.75 886.74 941.59 657.56 129.16 229.18 587.52 3/2/2017 862.65 644.34 218.31 9/2/2017 1,117.02 862.65 961.49 644.34 155.53 218.31 592.15 3/2/2018 837.24 629.15 208.09 9/2/2018 1,169.89 837.24 994.64 629.15 175.25 208.09 591.43 3/2/2019 810.04 612.45 197.59 9/2/2019 1,222.77 810.04 1,027.80 612.45 194.97 197.59 590.15 3/2/2020 781.00 593.64 187.36 9/2/2020 1,282.26 781.00 1,060.95 593.64 221.31 187.36 596.03 3/2/2021 749.90 572.91 176.99 9/2/2021 1,341.74 749.90 1,100.74 572.91 241.00 176.99 594.98 3/2/2022 717.20 550.02 167.18 9/2/2022 1,407.84 717.20 1,147.15 550.02 260.69 167.18 595.05 3/2/2023 682.00 525.02 156.98 9/2/2023 1,480.54 682.00 1,200.20 525.02 280.34 156.98 594.30 3/2/2024 644.62 497.96 146.66 9/2/2024 1,553.25 644.62 1,253.25 497.96 300.00 146.66 593.32 3/2/2025 605.40 469.39 136.01 9/2/2025 1,632.56 605.40 1,312.93 469.39 319.63 136.01 591.65 3/2/2026 563.36 438.80 124.56 9/2/2026 1,711.88 563.36 1,372.60 438.80 339.28 124.56 588.40 3/2/2027 519.28 406.14 113.14 9/2/2027 1,804.41 519.28 1,438.91 406.14 365.50 113.14 591.78 3/2/2028 472.81 371.54 101.27 9/2/2028 1,896.95 472.81 1,511.85 371.54 385.10 101.27 587.64 3/2/2029 423.97 334.81 89.16 9/2/2029 1,996.09 423.97 1,584.79 334.81 411.30 89.16 589.62 3/2/2030 372.57 295.51 77.06 9/2/2030 2,095.23 372.57 1,657.73 295.51 437.50 77.06 591.62 3/2/2031 318.09 253.99 64.10 9/2/2031 2,207.60 318.09 1,743.94 253.99 463.66 64.10 591.86 3/2/2032 260.69 209.88 50.81 9/2/2032 2,319.96 260.69 1,830.14 209.88 489.82 50.81 591.44 3/2/2033 200.38 162.22 38.16 9/2/2033 2,438.93 200.38 1,929.60 162.22 509.33 38.16 585.65 3/2/2034 136.96 110.99 25.97 9/2/2034 2,564.51 136.96 2,029.07 110.99 535.44 25.97 587.38 3/2/2035 70.29 57.13 13.16 9/2/2035 2.703.31 70.29 2.141.79 57.13 561.52 13.16 587.84 Totals $37,971.97 $26,458.94 $30,634.93 $20,295.82 $7,337.04 $6,163.12 $13,500.16 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $30,987.98 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $956.06 $960.53 $0.00 $811.51 $956.06 $149.02 $1,105.08 3/2/2014 940.93 692.32 248.61 9/2/2014 996.18 940.93 1,489.03 692.32 (492.85) 248.61 4.37 3/2/2015 919.76 676.60 243.16 9/2/2015 1,036.29 919.76 932.32 676.60 103.97 243.16 590.29 3/2/2016 896.96 665.14 231.82 9/2/2016 1,083.09 896.96 952.44 665.14 130.65 231.82 594.29 3/2/2017 872.59 651.76 220.83 9/2/2017 1,129.89 872.59 972.57 651.76 157.32 220.83 598.98 3/2/2018 846.89 636.40 210.49 9/2/2018 1,183.38 846.89 1,006.10 636.40 177.28 210.49 598.26 3/2/2019 819.37 619.51 199.86 9/2/2019 1,236.86 819.37 1,039.64 619.51 197.22 199.86 596.94 3/2/2020 790.00 600.49 189.51 9/2/2020 1,297.03 790.00 1,073.18 600.49 223.85 189.51 602.87 3/2/2021 758.54 579.51 179.03 9/2/2021 1,357.21 758.54 1,113.42 579.51 243.79 179.03 601.85 3/2/2022 725.46 556.36 169.10 9/2/2022 1,424.06 725.46 1,160.37 556.36 263.69 169.10 601.89 3/2/2023 689.86 531.07 158.79 9/2/2023 1,497.61 689.86 1,214.03 531.07 283.58 158.79 601.16 3/2/2024 652.05 503.70 148.35 9/2/2024 1,571.15 652.05 1,267.69 503.70 303.46 148.35 600.16 3/2/2025 612.37 474.80 137.57 9/2/2025 1,651.38 612.37 1,328.06 474.80 323.32 137.57 598.46 3/2/2026 569.85 443.86 125.99 9/2/2026 1,731.61 569.85 1,388.42 443.86 343.19 125.99 595.17 3/2/2027 525.26 410.82 114.44 9/2/2027 1,825.21 525.26 1,455.50 410.82 369.71 114.44 598.59 3/2/2028 478.26 375.82 102.44 9/2/2028 1,918.81 478.26 1,529.28 375.82 389.53 102.44 594.41 3/2/2029 428.85 338.67 90.18 9/2/2029 2,019.09 428.85 1,603.06 338.67 416.03 90.18 596.39 3/2/2030 376.86 298.92 77.94 9/2/2030 2,119.38 376.86 1,676.84 298.92 442.54 77.94 598.42 3/2/2031 321.76 256.92 64.84 9/2/2031 2,233.04 321.76 1,764.03 256.92 469.01 64.84 598.69 3/2/2032 263.70 212.30 51.40 9/2/2032 2,346.70 263.70 1,851.23 212.30 495.47 51.40 598.27 3/2/2033 202.68 164.09 38.59 9/2/2033 2,467.04 202.68 1,951.84 164.09 515.20 38.59 592.38 3/2/2034 138.54 112.27 26.27 9/2/2034 2,594.07 138.54 2,052.45 112.27 541.62 26.27 594.16 3/2/2035 71.10 57.79 13.31 9/2/2035 2.734.47 71.10 2.166.48 57.79 567.99 13.31 594.61 Totals $38,409.61 $26,763.81 $30,987.98 $20,529.75 $7,421.63 $6,234.06 $13,655.69 City OfCarlsbad Reassessment District No. 2012-1, City ofCarlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $31,714.92 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $978.49 $983.06 $0.00 $830.54 $978.49 $152.52 $1,131.01 3/2/2014 963.00 708.57 254.43 9/2/2014 1,019.54 963.00 1,523.96 708.57 (504.42) 254.43 4.44 3/2/2015 941.33 692.48 248.85 9/2/2015 1,060.60 941.33 954.19 692.48 106.41 248.85 604.11 3/2/2016 918.00 680.74 237.26 9/2/2016 1,108.50 918.00 974.79 680.74 133.71 237.26 608.23 3/2/2017 893.06 667.05 226.01 9/2/2017 1,156.40 893.06 995.38 667.05 161.02 226.01 613.04 3/2/2018 866.75 651.33 215.42 9/2/2018 1,211.14 866.75 1,029.71 651.33 181.43 215.42 612.27 3/2/2019 838.59 634.04 204.55 9/2/2019 1,265.88 838.59 1,064.03 634.04 201.85 204.55 610.95 3/2/2020 808.53 614.57 193.96 9/2/2020 1,327.46 808.53 1,098.35 614.57 229.11 193.96 617.03 3/2/2021 776.34 593.11 183.23 9/2/2021 1,389.04 776.34 1,139.54 593.11 249.50 183.23 615.96 3/2/2022 742.48 569.41 173.07 9/2/2022 1,457.47 742.48 1,187.59 569.41 269.88 173.07 616.02 3/2/2023 706.04 543.53 162.51 9/2/2023 1,532.74 706.04 1,242.51 543.53 290.23 162.51 615.25 3/2/2024 667.34 515.51 151.83 9/2/2024 1,608.01 667.34 1,297.43 515.51 310.58 151.83 614.24 3/2/2025 626.74 485.94 140.80 9/2/2025 1,690.12 626.74 1,359.21 485.94 330.91 140.80 612.51 3/2/2026 583.22 454.27 128.95 9/2/2026 1,772.23 583.22 1,420.99 454.27 351.24 128.95 609.14 3/2/2027 537.58 420.46 117.12 9/2/2027 1,868.02 537.58 1,489.64 420.46 378.38 117.12 612.62 3/2/2028 489.48 384.64 104.84 9/2/2028 1,963.82 489.48 1,565.15 384.64 398.67 104.84 608.35 3/2/2029 438.91 346.61 92.30 9/2/2029 2,066.46 438.91 1,640.66 346.61 425.80 92.30 610.40 3/2/2030 385.70 305.93 79.77 9/2/2030 2,169.10 385.70 1,716.18 305.93 452.92 79.77 612.46 3/2/2031 329.31 262.95 66.36 9/2/2031 2,285.42 329.31 1,805.42 262.95 480.00 66.36 612.72 3/2/2032 269.89 217.28 52.61 9/2/2032 2,401.75 269.89 1,894.66 217.28 507.09 52.61 612.31 3/2/2033 207.44 167.94 39.50 9/2/2033 2,524.91 207.44 1,997.63 167.94 527.28 39.50 606.28 3/2/2034 141.79 114.91 26.88 9/2/2034 2,654.92 141.79 2,100.60 114.91 554.32 26.88 608.08 3/2/2035 72.76 59.14 13.62 9/2/2035 2.798.62 72.76 2.217.30 59.14 581.32 13.62 608.56 Totals $39,310.64 $27,391.62 $31,714.92 $21,011.36 $7,595.72 $6,380.26 $13,975.98 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $31,818.77 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $981.69 $986.28 $0.00 $833.26 $981.69 $153.02 $1,134.71 3/2/2014 966.15 710.89 255.26 9/2/2014 1,022.88 966.15 1,528.95 710.89 (506.07) 255.26 4.45 3/2/2015 944.42 694.74 249.68 9/2/2015 1,064.07 944.42 957.32 694.74 106.75 249.68 606.11 3/2/2016 921.01 682.97 238.04 9/2/2016 1,112.13 921.01 977.98 682.97 134.15 238.04 610.23 3/2/2017 895.98 669.24 226.74 9/2/2017 1,160.18 895.98 998.64 669.24 161.54 226.74 615.02 3/2/2018 869.59 653.46 216.13 9/2/2018 1,215.10 869.59 1,033.08 653.46 182.02 216.13 614.28 3/2/2019 841.34 636.11 205.23 9/2/2019 1,270.02 841.34 1,067.51 636.11 202.51 205.23 612.97 3/2/2020 811.18 616.58 194.60 9/2/2020 1,331.81 811.18 1,101.95 616.58 229.86 194.60 619.06 3/2/2021 778.88 595.05 183.83 9/2/2021 1,393.59 778.88 1,143.27 595.05 250.32 183.83 617.98 3/2/2022 744.91 571.27 173.64 9/2/2022 1,462.24 744.91 1,191.48 571.27 270.76 173.64 618.04 3/2/2023 708.36 545.31 163.05 9/2/2023 1,537.76 708.36 1,246.58 545.31 291.18 163.05 617.28 3/2/2024 669.53 517.20 152.33 9/2/2024 1,613.27 669.53 1,301.68 517.20 311.59 152.33 616.25 3/2/2025 628.79 487.53 141.26 9/2/2025 1,695.65 628.79 1,363.66 487.53 331.99 141.26 614.51 3/2/2026 585.13 455.76 129.37 9/2/2026 1,778.03 585.13 1,425.65 455.76 352.38 129.37 611.12 3/2/2027 539.34 421.83 117.51 9/2/2027 1,874.14 539.34 1,494.52 421.83 379.62 117.51 614.64 3/2/2028 491.09 385.90 105.19 9/2/2028 1,970.25 491.09 1,570.28 385.90 399.97 105.19 610.35 3/2/2029 440.35 347.75 92.60 9/2/2029 2,073.23 440.35 1,646.04 347.75 427.19 92.60 612.39 3/2/2030 386.97 306.93 80.04 9/2/2030 2,176.20 386.97 1,721.79 306.93 454.41 80.04 614.49 3/2/2031 330.38 263.81 66.57 9/2/2031 2,292.91 330.38 1,811.33 263.81 481.58 66.57 614.72 3/2/2032 270.77 217.99 52.78 9/2/2032 2,409.61 270.77 1,900.86 217.99 508.75 52.78 614.31 3/2/2033 208.12 168.49 39.63 9/2/2033 2,533.18 208.12 2,004.17 168.49 529.01 39.63 608.27 3/2/2034 142.26 115.28 26.98 9/2/2034 2,663.61 142.26 2,107.48 115.28 556.13 26.98 610.09 3/2/2035 73.00 59.34 13.66 9/2/2035 2,807.78 73.00 2.224.56 59.34 583.22 13.66 610.54 Totals $39,439.33 $27,481.38 $31,818.77 $21,080.12 $7,620.55 $6,401.26 $14,021.81 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $32,074.93 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $989.60 $994.22 $0.00 $839.97 $989.60 $154.25 $1,143.85 3/2/2014 973.93 716.61 257.32 9/2/2014 1,031.12 973.93 1,541.26 716.61 (510.14) 257.32 4.50 3/2/2015 952.02 700.34 251.68 9/2/2015 1,072.64 952.02 965.03 700.34 107.61 251.68 610.97 3/2/2016 928.42 688.47 239.95 9/2/2016 1,121.08 928.42 985.85 688.47 135.23 239.95 615.13 3/2/2017 903.20 674.63 228.57 9/2/2017 1,169.52 903.20 1,006.68 674.63 162.84 228.57 619.98 3/2/2018 876.59 658.73 217.86 9/2/2018 1,224.89 876.59 1,041.39 658.73 183.50 217.86 619.22 3/2/2019 848.11 641.24 206.87 9/2/2019 1,280.25 848.11 1,076.11 641.24 204.14 206.87 617.88 3/2/2020 817.71 621.55 196.16 9/2/2020 1,342.53 817.71 1,110.82 621.55 231.71 196.16 624.03 3/2/2021 785.15 599.84 185.31 9/2/2021 1,404.81 785.15 1,152.48 599.84 252.33 185.31 622.95 3/2/2022 750.91 575.87 175.04 9/2/2022 1,474.01 750.91 1,201.07 575.87 272.94 175.04 623.02 3/2/2023 714.06 549.70 164.36 9/2/2023 1,550.14 714.06 1,256.62 549.70 293.52 164.36 622.24 3/2/2024 674.92 521.36 153.56 9/2/2024 1,626.26 674.92 1,312.16 521.36 314.10 153.56 621.22 3/2/2025 633.85 491.45 142.40 9/2/2025 1,709.30 633.85 1,374.64 491.45 334.66 142.40 619.46 3/2/2026 589.84 459.43 130.41 9/2/2026 1,792.35 589.84 1,437.12 459.43 355.23 130.41 616.05 3/2/2027 543.69 425.23 118.46 9/2/2027 1,889.23 543.69 1,506.55 425.23 382.68 118.46 619.60 3/2/2028 495.04 389.00 106.04 9/2/2028 1,986.11 495.04 1,582.92 389.00 403.19 106.04 615.27 3/2/2029 443.90 350.55 93.35 9/2/2029 2,089.92 443.90 1,659.29 350.55 430.63 93.35 617.33 3/2/2030 390.08 309.40 80.68 9/2/2030 2,193.72 390.08 1,735.66 309.40 458.06 80.68 619.42 3/2/2031 333.04 265.93 67.11 9/2/2031 2,311.37 333.04 1,825.91 265.93 485.46 67.11 619.68 3/2/2032 272.95 219.75 53.20 9/2/2032 2,429.01 272.95 1,916.16 219.75 512.85 53.20 619.25 3/2/2033 209.79 169.84 39.95 9/2/2033 2,553.57 209.79 2,020.30 169.84 533.27 39.95 613.17 3/2/2034 143.40 116.21 27.19 9/2/2034 2,685.06 143.40 2,124.44 116.21 560.62 27.19 615.00 3/2/2035 73.59 59.82 13.77 9/2/2035 2.830.38 73.59 2.242.47 59.82 587.91 13.77 615.45 Totals $39,756.87 $27,702.60 $32,074.93 $21,249.87 $7,681.94 $6,452.73 $14,134.67 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $33,715.05 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $1,040.20 $1,045.06 $0.00 $882.92 $1,040.20 $162.14 $1,202.34 3/2/2014 1,023.73 753.25 270.48 9/2/2014 1,083.84 1,023.73 1,620.07 753.25 (536.23) 270.48 4.73 3/2/2015 1,000.70 736.15 264.55 9/2/2015 1,127.49 1,000.70 1,014.37 736.15 113.12 264.55 642.22 3/2/2016 975.90 723.68 252.22 9/2/2016 1,178.41 975.90 1,036.26 723.68 142.15 252.22 646.59 3/2/2017 949.38 709.12 240.26 9/2/2017 1,229.33 949.38 1,058.16 709.12 171.17 240.26 651.69 3/2/2018 921.41 692.41 229.00 9/2/2018 1,287.52 921.41 1,094.64 692.41 192.88 229.00 650.88 3/2/2019 891.48 674.02 217.46 9/2/2019 1,345.71 891.48 1,131.13 674.02 214.58 217.46 649.50 3/2/2020 859.52 653.33 206.19 9/2/2020 1,411.18 • 859.52 1,167.62 653.33 243.56 206.19 655.94 3/2/2021 825.30 630.51 194.79 9/2/2021 1,476.65 825.30 1,211.41 630.51 265.24 194.79 654.82 3/2/2022 789.31 605.32 183.99 9/2/2022 1,549.39 789.31 1,262.49 605.32 286.90 183.99 654.88 3/2/2023 750.57 577.80 172.77 9/2/2023 1,629.40 750.57 1,320.87 577.80 308.53 172.77 654.07 3/2/2024 709.43 548.02 161.41 9/2/2024 1,709.42 709.43 1,379.25 548.02 330.17 161.41 652.99 3/2/2025 666.27 516.58 149.69 9/2/2025 1,796.71 666.27 1,444.93 516.58 351.78 149.69 651.16 3/2/2026 620.00 482.92 137.08 9/2/2026 1,884.00 620.00 1,510.61 482.92 373.39 137.08 647.55 3/2/2027 571.49 446.97 124.52 9/2/2027 1,985.83 571.49 1,583.59 446.97 402.24 124.52 651.28 3/2/2028 520.35 408.90 111.45 9/2/2028 2,087.67 520.35 1,663.86 408.90 423.81 111.45 646.71 3/2/2029 466.59 368.47 98.12 9/2/2029 2,196.78 466.59 1,744.13 368.47 452.65 98.12 648.89 3/2/2030 410.03 325.22 84.81 9/2/2030 2,305.89 410.03 1,824.41 325.22 481.48 84.81 651.10 3/2/2031 350.07 279.53 70.54 9/2/2031 2,429.55 350.07 1,919.28 279.53 510.27 70.54 651.35 3/2/2032 286.91 230.98 55.93 9/2/2032 2,553.21 286.91 2,014.15 230.98 539.06 55.93 650.92 3/2/2033 220.52 178.53 41.99 9/2/2033 2,684.15 220.52 2,123.61 178.53 560.54 41.99 644.52 3/2/2034 150.73 122.15 28.58 9/2/2034 2,822.36 150.73 2,233.07 122.15 589.29 28.58 646.45 3/2/2035 77.35 62.87 14.48 9/2/2035 2.975.11 77.35 2,357.13 62.87 617.98 14.48 646.94 Totals $41,789.80 $29,119.14 $33,715.05 $22,336.38 $8,074.76 $6,782.76 L $14,857.52 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $34,089.55 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $1,051.75 $1,056.66 $0.00 $892.73 $1,051.75 $163.93 $1,215.68 3/2/2014 1,035.10 761.62 273.48 9/2/2014 1,095.88 1,035.10 1,638.07 761.62 (542.19) 273.48 4.77 3/2/2015 1,011.82 744.32 267.50 9/2/2015 1,140.01 1,011.82 1,025.64 744.32 114.37 267.50 649.37 3/2/2016 986.74 731.71 255.03 9/2/2016 1,191.50 986.74 1,047.77 731.71 143.73 255.03 653.79 3/2/2017 959.93 717.00 242.93 9/2/2017 1,242.98 959.93 1,069.91 717.00 173.07 242.93 658.93 3/2/2018 931.65 700.10 231.55 9/2/2018 1,301.82 931.65 1,106.80 700.10 195.02 231.55 658.12 3/2/2019 901.38 681.51 219.87 9/2/2019 1,360.66 901.38 1,143.70 681.51 216.96 219.87 656.70 3/2/2020 869.07 660.59 208.48 9/2/2020 1,426.85 869.07 1,180.59 660.59 246.26 208.48 663.22 3/2/2021 834.47 637.51 196.96 9/2/2021 1,493.05 834.47 1,224.86 637.51 268.19 196.96 662.11 3/2/2022 798.07 612.04 186.03 9/2/2022 1,566.60 798.07 1,276.51 612.04 290.09 186.03 662.15 3/2/2023 758.91 584.22 174.69 9/2/2023 1,647.50 758.91 1,335.54 584.22 311.96 174.69 661.34 3/2/2024 717.31 554.11 163.20 9/2/2024 1,728.40 717.31 1,394.57 554.11 333.83 163.20 660.23 3/2/2025 673.67 522.32 151.35 9/2/2025 1,816.66 673.67 1,460.98 522.32 355.68 151.35 658.38 3/2/2026 626.89 488.29 138.60 9/2/2026 1,904.92 626.89 1,527.39 488.29 377.53 138.60 654.73 3/2/2027 577.84 451.94 125.90 9/2/2027 2,007.89 577.84 1,601.18 451.94 406.71 125.90 658.51 3/2/2028 526.13 413.44 112.69 9/2/2028 2,110.86 526.13 1,682.34 413.44 428.52 112.69 653.90 3/2/2029 471.78 372.56 99.22 9/2/2029 2,221.18 471.78 1,763.51 372.56 457.67 99.22 656.11 3/2/2030 414.58 328.84 85.74 9/2/2030 2,331.51 414.58 1,844.67 328.84 486.84 85.74 658.32 3/2/2031 353.96 282.64 71.32 9/2/2031 2,456.54 353.96 1,940.60 282.64 515.94 71.32 658.58 3/2/2032 290.09 233.55 56.54 9/2/2032 2,581.57 290.09 2,036.52 233.55 545.05 56.54 658.13 3/2/2033 222.97 180.51 42.46 9/2/2033 2,713.96 222.97 2,147.20 180.51 566.76 42.46 651.68 3/2/2034 152.41 123.51 28.90 9/2/2034 2,853.71 152.41 2,257.88 123.51 595.83 28.90 653.63 3/2/2035 78.21 63.57 14.64 9/2/2035 3.008.16 78.21 2.383.32 63.57 624.84 14.64 654.12 Totals $42,253.96 $29,442.62 $34,089.55 $22,584.53 $8,164.41 $6,858.09 $15,022.50 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $35,129.27 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $1,083.83 $1,088.89 $0.00 $919.96 $1,083.83 $168.93 $1,252.76 3/2/2014 1,066.67 784.85 281.82 9/2/2014 1,129.31 1,066.67 1,688.03 784.85 (558.72) 281.82 4.92 3/2/2015 1,042.68 767.03 275.65 9/2/2015 1,174.78 1,042.68 1,056.92 767.03 117.86 275.65 669.16 3/2/2016 1,016.83 754.03 262.80 9/2/2016 1,227.84 1,016.83 1,079.73 754.03 148.11 262.80 673.71 3/2/2017 989.21 738.87 250.34 9/2/2017 1,280.89 989.21 1,102.54 738.87 178.35 250.34 679.03 3/2/2018 960.06 721.45 238.61 9/2/2018 1,341.53 960.06 1,140.56 721.45 200.97 238.61 678.19 3/2/2019 928.87 702.30 226.57 9/2/2019 1,402.16 928.87 1,178.58 702.30 223.58 226.57 676.72 3/2/2020 895.57 680.74 214.83 9/2/2020 1,470.37 895.57 1,216.60 680.74 253.77 214.83 683.43 3/2/2021 859.92 656.96 202.96 9/2/2021 1,538.59 859.92 1,262.22 656.96 276.37 202.96 682.29 3/2/2022 822.41 630.71 191.70 9/2/2022 1,614.38 822.41 1,315.45 630.71 298.93 191.70 682.33 3/2/2023 782.05 602.04 180.01 9/2/2023 1,697.75 782.05 1,376.28 602.04 321.47 180.01 681.49 3/2/2024 739.19 571.01 168.18 9/2/2024 1,781.12 739.19 1,437.11 571.01 344.01 168.18 680.37 3/2/2025 694.21 538.25 155.96 9/2/2025 1,872.07 694.21 1,505.54 538.25 366.53 155.96 678.45 3/2/2026 646.01 503.18 142.83 9/2/2026 1,963.02 646.01 1,573.97 503.18 389.05 142.83 674.71 3/2/2027 595.46 465.72 129.74 9/2/2027 2,069.13 595.46 1,650.01 465.72 419.12 129.74 678.60 3/2/2028 542.18 426.05 116.13 9/2/2028 2,175.24 542.18 1,733.65 426.05 441.59 116.13 673.85 3/2/2029 486.17 383.93 102.24 9/2/2029 2,288.93 486.17 1,817.29 383.93 471.64 102.24 676.12 3/2/2030 427.23 338.87 88.36 9/2/2030 2,402.62 427.23 1,900.93 338.87 501.69 88.36 678.41 3/2/2031 364.76 291.26 73.50 9/2/2031 2,531.47 364.76 1,999.78 291.26 531.69 73.50 678.69 3/2/2032 298.94 240.67 58.27 9/2/2032 2,660.31 298.94 2,098.63 240.67 561.68 58.27 678.22 3/2/2033 229.77 186.01 43.76 9/2/2033 2,796.74 229.77 2,212.69 186.01 584.05 43.76 671.57 3/2/2034 157.06 127.28 29.78 9/2/2034 2,940.74 157.06 2,326.74 127.28 614.00 29.78 673.56 3/2/2035 80.60 65.51 15.09 9/2/2035 3.099.91 80.60 2.456.01 65.51 643.90 15.09 674.08 Totals $43,542.73 $30,340.59 $35,129.27 $23,273.40 $8,413.47 $7,067.19 $15,480.66 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $41,611.44 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $1,283.82 $1,289.82 $0.00 $1,089.71 $1,283.82 $200.11 $1,483.93 3/2/2014 1,263.50 929.67 333.83 9/2/2014 1,337.69 1,263.50 1,999.51 929.67 (661.82) 333.83 5.84 3/2/2015 1,235.07 908.56 326.51 9/2/2015 1,391.56 1,235.07 1,251.95 908.56 139.61 326.51 792.63 3/2/2016 1,204.46 893.17 311.29 9/2/2016 1,454.40 1,204.46 1,278.97 893.17 175.43 311.29 798.01 3/2/2017 1,171.74 875.21 296.53 9/2/2017 1,517.25 1,171.74 1,305.99 875.21 211.26 296.53 804.32 3/2/2018 1,137.22 854.58 282.64 9/2/2018 1,589.07 1,137.22 1,351.02 854.58 238.05 282.64 803.33 3/2/2019 1,100.27 831.89 268.38 9/2/2019 1,660.89 1,100.27 1,396.05 831.89 264.84 268.38 801.60 3/2/2020 1,060.83 806.35 254.48 9/2/2020 1,741.69 1,060.83 1,441.09 806.35 300.60 254.48 809.56 3/2/2021 1,018.59 778.18 240.41 9/2/2021 1,822.49 1,018.59 1,495.13 778.18 327.36 240.41 808.18 3/2/2022 974.17 747.09 227.08 9/2/2022 1,912.27 974.17 1,558.18 747.09 354.09 227.08 808.25 3/2/2023 926.36 713.13 213.23 9/2/2023 2,011.02 926.36 1,630.23 713.13 380.79 213.23 807.25 3/2/2024 875.58 676.37 199.21 9/2/2024 2,109.78 875.58 1,702.29 676.37 407.49 199.21 805.91 3/2/2025 822.31 637.57 184.74 9/2/2025 2,217.51 822.31 1,783.35 637.57 434.16 184.74 803.64 3/2/2026 765.21 596.03 169.18 9/2/2026 2,325.25 765.21 1,864.41 596.03 460.84 169.18 799.20 3/2/2027 705.33 551.66 153.67 9/2/2027 2,450.93 705.33 1,954.48 551.66 496.45 153.67 803.79 3/2/2028 642.22 504.66 137.56 9/2/2028 2,576.62 642.22 2,053.55 504.66 523.07 137.56 798.19 3/2/2029 575.88 454.77 121.11 9/2/2029 2,711.29 575.88 2,152.63 454.77 558.66 121.11 800.88 3/2/2030 506.06 401.39 104.67 9/2/2030 2,845.96 506.06 2,251.70 401.39 594.26 104.67 803.60 3/2/2031 432.06 345.00 87.06 9/2/2031 2,998.58 432.06 2,368.79 345.00 629.79 87.06 803.91 3/2/2032 354.10 285.08 69.02 9/2/2032 3,151.20 354.10 2,485.88 285.08 665.32 69.02 803.36 3/2/2033 272.17 220.34 51.83 9/2/2033 3,312.80 272.17 2,620.98 220.34 691.82 51.83 795.48 3/2/2034 186.04 150.76 35.28 9/2/2034 3,483.38 186.04 2,756.08 150.76 727.30 35.28 797.86 3/2/2035 95.47 77.60 17.87 9/2/2035 3.671.91 95.47 2.909.20 77.60 762.71 17.87 798.45 Totals $51,577.36 $35,939.10 $41,611.44 $27,567.83 $9,965.90 $8,371.27 $18,337.17 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $45,265.91 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $1,396.57 $1,403.10 $0.00 $1,185.41 $1,396.57 $217.69 $1,614.26 3/2/2014 1,374.47 1,011.32 363.15 9/2/2014 1,455.17 1,374.47 2,175.12 1,011.32 (719.95) 363.15 6.35 3/2/2015 1,343.54 988.35 355.19 9/2/2015 1,513.77 1,343.54 1,361.90 988.35 151.87 355.19 862.25 3/2/2016 1,310.24 971.61 338.63 9/2/2016 1,582.13 1,310.24 1,391.29 971.61 190.84 338.63 868.10 3/2/2017 1,274.64 952.07 322.57 9/2/2017 1,650.50 1,274.64 1,420.68 952.07 229.82 322.57 874.96 3/2/2018 1,237.09 929.63 307.46 9/2/2018 1,728.63 1,237.09 1,469.67 929.63 258.96 307.46 873.88 3/2/2019 1,196.90 904.95 291.95 9/2/2019 1,806.76 1,196.90 1,518.66 904.95 288.10 291.95 872.00 3/2/2020 1,153.99 877.16 276.83 9/2/2020 1,894.65 1,153.99 1,567.65 877.16 327.00 276.83 880.66 3/2/2021 1,108.05 846.52 261.53 9/2/2021 1,982.55 1,108.05 1,626.44 846.52 356.11 261.53 879.17 3/2/2022 1,059.72 812.70 247.02 9/2/2022 2,080.21 1,059.72 1,695.02 812.70 385.19 247.02 879.23 3/2/2023 1,007.72 775.76 231.96 9/2/2023 2,187.64 1,007.72 1,773.40 775.76 414.24 231.96 878.16 3/2/2024 952.48 735.78 216.70 9/2/2024 2,295.07 952.48 1,851.79 735.78 443.28 216.70 876.68 3/2/2025 894.53 693.56 200.97 9/2/2025 2,412.26 894.53 1,939.97 693.56 472.29 200.97 874.23 3/2/2026 832.41 648.37 184.04 9/2/2026 2,529.46 832.41 2,028.15 648.37 501.31 184.04 869.39 3/2/2027 767.28 600.11 167.17 9/2/2027 2,666.18 767.28 2,126.13 600.11 540.05 167.17 874.39 3/2/2028 698.63 548.98 149.65 9/2/2028 2,802.91 698.63 2,233.90 548.98 569.01 149.65 868.31 3/2/2029 626.45 494.71 131.74 9/2/2029 2,949.41 626.45 2,341.68 494.71 607.73 131.74 871.21 3/2/2030 550.50 436.65 113.85 9/2/2030 3,095.90 550.50 2,449.45 436.65 646.45 113.85 874.15 3/2/2031 470.01 375.30 94.71 9/2/2031 3,261.93 470.01 2,576.83 375.30 685.10 94.71 874.52 3/2/2032 385.20 310.12 75.08 9/2/2032 3,427.95 385.20 2,704.20 310.12 723.75 75.08 873.91 3/2/2033 296.07 239.69 56.38 9/2/2033 3,603.74 296.07 2,851.16 239.69 752.58 56.38 865.34 3/2/2034 202.38 164.00 38.38 9/2/2034 3,789.30 202.38 2,998.13 164.00 791.17 38.38 867.93 3/2/2035 103.85 84.41 19.44 9/2/2035 3.994.39 103.85 3,164.69 84.41 829.70 19.44 868.58 Totals $56,107.08 $39,095.40 $45,265.91 $29,988.91 $10,841.17 $9,106.49 $19,947.66 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison of the Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $51,329.46 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $1,583.65 $1,591.05 $0.00 $1,344.21 $1,583.65 $246.84 $1,830.49 3/2/2014 1,558.58 1,146.79 411.79 9/2/2014 1,650.10 1,558.58 2,466.48 1,146.79 (816.38) 411.79 7.20 3/2/2015 1,523.52 1,120.75 402.77 9/2/2015 1,716.54 1,523.52 1,544.33 1,120.75 172.21 402.77 977.75 3/2/2016 1,485.75 1,101.76 383.99 9/2/2016 1,794.06 1,485.75 1,577.66 1,101.76 216.40 383.99 984.38 3/2/2017 1,445.39 1,079.60 365.79 9/2/2017 1,871.59 1,445.39 1,610.99 1,079.60 260.60 365.79 992.18 3/2/2018 1,402.81 1,054.16 348.65 9/2/2018 1,960.18 1,402.81 1,666.54 1,054.16 293.64 348.65 990.94 3/2/2019 1,357.23 1,026.17 331.06 9/2/2019 2,048.78 1,357.23 1,722.09 1,026.17 326.69 331.06 988.81 3/2/2020 1,308.58 994.66 313.92 9/2/2020 2,148.45 1,308.58 1,777.64 994.66 370.81 313.92 998.65 3/2/2021 1,256.48 959.92 296.56 9/2/2021 2,248.12 1,256.48 1,844.31 959.92 403.81 296.56 996.93 3/2/2022 1,201.68 921.57 280.11 9/2/2022 2,358.86 1,201.68 1,922.08 921.57 436.78 280.11 997.00 3/2/2023 1,142.71 879.68 263.03 9/2/2023 2,480.68 1,142.71 2,010.96 879.68 469.72 263.03 995.78 3/2/2024 1,080.07 834.34 245.73 9/2/2024 2,602.50 1,080.07 2,099.84 834.34 502.66 245.73 994.12 3/2/2025 1,014.36 786.47 227.89 9/2/2025 2,735.39 1,014.36 2,199.83 786.47 535.56 227.89 991.34 3/2/2026 943.92 735.22 208.70 9/2/2026 2,868.29 943.92 2,299.83 735.22 568.46 208.70 985.86 3/2/2027 870.06 680.50 189.56 9/2/2027 3,023.33 870.06 2,410.93 680.50 612.40 189.56 991.52 3/2/2028 792.21 622.52 169.69 9/2/2028 3,178.37 792.21 2,533.14 622.52 645.23 169.69 984.61 3/2/2029 710.37 560.98 149.39 9/2/2029 3,344.49 710.37 2,655.36 560.98 689.13 149.39 987.91 3/2/2030 624.25 495.14 129.11 9/2/2030 3,510.61 624.25 2,777.57 495.14 733.04 129.11 991.26 3/2/2031 532.97 425.57 107.40 9/2/2031 3,698.87 532.97 2,922.00 425.57 776.87 107.40 991.67 3/2/2032 436.80 351.66 85.14 9/2/2032 3,887.14 436.80 3,066.44 351.66 820.70 85.14 990.98 3/2/2033 335.73 271.80 63.93 9/2/2033 4,086.48 335.73 3,233.09 271.80 853.39 63.93 981.25 3/2/2034 229.49 185.97 43.52 9/2/2034 4,296.90 229.49 3,399.74 185.97 897.16 43.52 984.20 3/2/2035 117.77 95.72 22.05 9/2/2035 4,529.46 117.77 3,588.62 95.72 940.84 22.05 984.94 Totals $63,622.84 $44,332.51 $51,329.46 $34,006.11 $12,293.37 $10,326.40 $22,619.77 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $55,311.91 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $1,706.52 $1,714.49 $0.00 $1,448.50 $1,706.52 $265.99 $1,972.51 3/2/2014 1,679.51 1,235.76 443.75 $1,972.51 9/2/2014 1,778.12 1,679.51 2,657.84 1,235.76 (879.72) 443.75 7.78 3/2/2015 1,641.72 1,207.70 434.02 9/2/2015 1,849.72 1,641.72 1,664.15 1,207.70 185.57 434.02 1,053.61 3/2/2016 1,601.03 1,187.24 413.79 1,053.61 9/2/2016 1,933.26 1,601.03 1,700.06 1,187.24 233.20 413.79 1,060.78 3/2/2017 1,557.53 1,163.37 394.16 1,060.78 9/2/2017 2,016.79 1,557.53 1,735.98 1,163.37 280.81 394.16 1,069.13 3/2/2018 1,511.65 1,135.94 375.71 1,069.13 9/2/2018 2,112.26 1,511.65 1,795.84 1,135.94 316.42 375.71 1,067.84 3/2/2019 1,462.54 1,105.78 356.76 9/2/2019 2,207.73 1,462.54 1,855.70 1,105.78 352.03 356.76 1,065.55 3/2/2020 1,410.10 1,071.84 338.26 1,065.55 9/2/2020 2,315.14 1,410.10 1,915.56 1,071.84 399.58 338.26 1,076.10 3/2/2021 1,353.96 1,034.40 319.56 1,076.10 9/2/2021 2,422.54 1,353.96 1,987.40 1,034.40 435.14 319.56 1,074.26 3/2/2022 1,294.91 993.07 301.84 1,074.26 9/2/2022 2,541.88 1,294.91 2,071.20 993.07 470.68 301.84 1,074.36 3/2/2023 1,231.36 947.93 283.43 9/2/2023 2,673.15 1,231.36 2,166.98 947.93 506.17 283.43 1,073.03 3/2/2024 1,163.87 899.07 264.80 1,073.03 9/2/2024 2,804.42 1,163.87 2,262.76 899.07 541.66 264.80 1,071.26 3/2/2025 1,093.06 847.49 245.57 1,071.26 9/2/2025 2,947.62 1,093.06 2,370.51 847.49 577.11 245.57 1,068.25 3/2/2026 1,017.15 792.27 224.88 1,068.25 9/2/2026 3,090.83 1,017.15 2,478.26 792.27 612.57 224.88 1,062.33 3/2/2027 937.56 733.29 204.27 1,062.33 9/2/2027 3,257.90 937.56 2,597.98 733.29 659.92 204.27 1,068.46 3/2/2028 853.67 670.82 182.85 1,068.46 9/2/2028 3,424.97 853.67 2,729.68 670.82 695.29 182.85 1,060.99 3/2/2029 765.48 604.50 160.98 1,060.99 9/2/2029 3,603.98 765.48 2,861.37 604.50 742.61 160.98 1,064.57 3/2/2030 672.68 533.55 139.13 9/2/2030 3,782.98 672.68 2,993.07 533.55 789.91 139.13 1,068.17 3/2/2031 574.32 458.59 115.73 1,068.17 9/2/2031 3,985.85 574.32 3,148.71 458.59 837.14 115.73 1,068.60 3/2/2032 470.69 378.95 91.74 1,068.60 9/2/2032 4,188.73 470.69 3,304.35 378.95 884.38 91.74 1,067.86 3/2/2033 361.78 292.89 68.89 9/2/2033 4,403.53 361.78 3,483.93 292.89 919.60 68.89 1,057.38 3/2/2034 247.29 200.40 46.89 9/2/2034 4,630.27 247.29 3,663.52 200.40 966.75 46.89 1,060.53 3/2/2035 126.90 103.15 23.75 9/2/2035 4.880.88 126.90 3.867.04 103.15 1,013.84 23.75 1,061.34 Totals $68,559.07 $47,772.01 $55,311.91 $36,644.50 $13,247.18 $11,127.51 $24,374.69 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $58,019.12 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $1,790.04 $1,798.40 $0.00 $1,519.39 $1,790.04 $279.01 $2,069.05 3/2/2014 1,761.71 1,296.25 465.46 9/2/2014 1,865.15 1,761.71 2,787.93 1,296.25 (922.78) 465.46 8.14 3/2/2015 1,722.07 1,266.81 455.26 9/2/2015 1,940.26 1,722.07 1,745.60 1,266.81 194.66 455.26 1,105.18 3/2/2016 1,679.39 1,245.35 434.04 9/2/2016 2,027.88 1,679.39 1,783.27 1,245.35 244.61 434.04 1,112.69 3/2/2017 1,633.76 1,220.31 413.45 9/2/2017 2,115.51 1,633.76 1,820.95 1,220.31 294.56 413.45 1,121.46 3/2/2018 1,585.63 1,191.54 394.09 9/2/2018 2,215.65 1,585.63 1,883.74 1,191.54 331.91 394.09 1,120.09 3/2/2019 1,534.12 1,159.91 374.21 9/2/2019 2,315.79 1,534.12 1,946.53 1,159.91 369.26 374.21 1,117.68 3/2/2020 1,479.12 1,124.30 354.82 9/2/2020 2,428.45 1,479.12 2,009.32 1,124.30 419.13 354.82 1,128.77 3/2/2021 1,420.23 1,085.02 335.21 9/2/2021 2,541.11 1,420.23 2,084.67 1,085.02 456.44 335.21 1,126.86 3/2/2022 1,358.29 1,041.67 316.62 9/2/2022 2,666.29 1,358.29 2,172.58 1,041.67 493.71 316.62 1,126.95 3/2/2023 1,291.63 994.32 297.31 9/2/2023 2,803.98 1,291.63 2,273.04 994.32 530.94 297.31 1,125.56 3/2/2024 1,220.83 943.07 277.76 9/2/2024 2,941.68 1,220.83 2,373.51 943.07 568.17 277.76 1,123.69 3/2/2025 1,146.55 888.97 257.58 9/2/2025 3,091.89 1,146.55 2,486.53 888.97 605.36 257.58 1,120.52 3/2/2026 1,066.94 831.04 235.90 9/2/2026 3,242.11 1,066.94 2,599.56 831.04 642.55 235.90 1,114.35 3/2/2027 983.45 769.18 214.27 9/2/2027 3,417.36 983.45 2,725.14 769.18 692.22 214.27 1,120.76 3/2/2028 895.46 703.66 191.80 9/2/2028 3,592.60 895.46 2,863.28 703.66 729.32 191.80 1,112.92 3/2/2029 802.95 634.09 168.86 9/2/2029 3,780.37 802.95 3,001.42 634.09 778.95 168.86 1,116.67 3/2/2030 705.60 559.67 145.93 9/2/2030 3,968.14 705.60 3,139.56 559.67 828.58 145.93 1,120.44 3/2/2031 602.43 481.04 121.39 9/2/2031 4,180.94 602.43 3,302.82 481.04 878.12 121.39 1,120.90 3/2/2032 493.73 397.49 96.24 9/2/2032 4,393.74 493.73 3,466.08 397.49 927.66 96.24 1,120.14 3/2/2033 379.49 307.22 72.27 9/2/2033 4,619.06 379.49 3,654.45 307.22 964.61 72.27 1,109.15 3/2/2034 259.39 210.21 49.18 9/2/2034 4,856.90 259.39 3,842.82 210.21 1,014.08 49.18 1,112.44 3/2/2035 133.11 108.20 24.91 9/2/2035 5,119.77 133.11 4,056.32 108.20 1,063.45 24.91 1,113.27 totals $71,914.67 $50,110.16 $58,019.12 $38,438.03 $13,895.55 $11,672.13 $25,567.68 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $64,147.63 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $1,979.12 $1,988.37 $0.00 $1,679.88 $1,979.12 $308.49 $2,287.61 3/2/2014 1,947.80 1,433.17 514.63 9/2/2014 2,062.16 1,947.80 3,082.42 1,433.17 (1,020.26) 514.63 9.00 3/2/2015 1,903.97 1,400.62 (1,020.26) 503.35 9/2/2015 2,145.20 1,903.97 1,929.98 1,400.62 215.22 503.35 1,221.92 3/2/2016 1,856.78 1,376.90 479.88 1,221.92 9/2/2016 2,242.08 1,856.78 1,971.64 1,376.90 270.44 479.88 1,230.20 3/2/2017 1,806.33 1,349.21 457.12 1,230.20 9/2/2017 2,338.96 1,806.33 2,013.29 1,349.21 325.67 457.12 1,239.91 3/2/2018 1,753.12 1,317.40 435.72 1,239.91 9/2/2018 2,449.68 1,753.12 2,082.72 1,317.40 366.96 435.72 1,238.40 3/2/2019 1,696.17 1,282.43 413.74 9/2/2019 2,560.41 1,696.17 2,152.14 1,282.43 408.27 413.74 1,235.75 3/2/2020 1,635.36 1,243.05 392.31 1,235.75 9/2/2020 2,684.97 1,635.36 2,221.56 1,243.05 463.41 392.31 1,248.03 3/2/2021 1,570.25 1,199.63 370.62 1,248.03 9/2/2021 2,809.53 1,570.25 2,304.87 1,199.63 504.66 370.62 1,245.90 3/2/2022 1,501.76 1,151.71 350.05 1,245.90 9/2/2022 2,947.93 1,501.76 2,402.06 1,151.71 545.87 350.05 1,245.97 3/2/2023 1,428.07 1,099.35 328.72 1,245.97 9/2/2023 3,100.17 1,428.07 2,513.14 1,099.35 587.03 328.72 1,244.47 3/2/2024 1,349.79 1,042.69 307.10 9/2/2024 3,252.41 1,349.79 2,624.22 1,042.69 628.19 307.10 1,242.39 3/2/2025 1,267.66 982.87 284.79 1,242.39 9/2/2025 3,418.49 1,267.66 2,749.18 982.87 669.31 284.79 1,238.89 3/2/2026 1,179.64 918.83 260.81 9/2/2026 3,584.57 1,179.64 2,874.15 918.83 710.42 260.81 1,232.04 3/2/2027 1,087.33 850.43 236.90 1,232.04 9/2/2027 3,778.33 1,087.33 3,012.99 850.43 765.34 236.90 1,239.14 3/2/2028 990.04 777.98 212.06 1,239.14 9/2/2028 3,972.09 990.04 3,165.73 777.98 806.36 212.06 1,230.48 3/2/2029 887.76 701.07 186.69 1,230.48 9/2/2029 4,179.69 887.76 3,318.46 701.07 861.23 186.69 1,234.61 3/2/2030 780.13 618.79 161.34 9/2/2030 4,387.29 780.13 3,471.19 618.79 916.10 161.34 1,238.78 3/2/2031 666.07 531.85 134.22 1,238.78 9/2/2031 4,622.57 666.07 3,651.69 531.85 970.88 134.22 1,239.32 3/2/2032 545.88 439.48 106.40 1,239.32 9/2/2032 4,857.85 545.88 3,832.20 439.48 1,025.65 106.40 1,238.45 3/2/2033 419.57 339.67 79.90 1,238.45 9/2/2033 5,106.97 419.57 4,040.47 339.67 1,066.50 79.90 1,226.30 3/2/2034 286.79 232.41 54.38 1,226.30 9/2/2034 5,369.93 286.79 4,248.74 232.41 1,121.19 54.38 1,229.95 3/2/2035 147.17 119.63 27.54 9/2/2035 5.660.57 147.17 4.484.78 119.63 1.175.79 27.54 1,230.87 Totals $79,510.97 $55,403.25 $64,147.63 $42,498.22 $15,363.35 $12,905.03 $28,268.38 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison of the Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $65,337.29 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $2,015.83 $2,025.24 $0.00 $1,711.04 $2,015.83 $314.20 $2,330.03 3/2/2014 1,983.92 1,459.75 524.17 9/2/2014 2,100.41 1,983.92 3,139.58 1,459.75 (1,039.17) 524.17 9.17 3/2/2015 1,939.28 1,426.60 512.68 9/2/2015 2,184.99 1,939.28 1,965.78 1,426.60 219.21 512.68 1,244.57 3/2/2016 1,891.22 1,402.43 488.79 9/2/2016 2,283.67 1,891.22 2,008.20 1,402.43 275.47 488.79 1,253.05 3/2/2017 1,839.83 1,374.23 465.60 9/2/2017 2,382.34 1,839.83 2,050.63 1,374.23 331.71 465.60 1,262.91 3/2/2018 1,785.63 1,341.84 443.79 9/2/2018 2,495.12 1,785.63 2,121.34 1,341.84 373.78 443.79 1,261.36 3/2/2019 1,727.62 1,306.21 421.41 9/2/2019 2,607.89 1,727.62 2,192.05 1,306.21 415.84 421.41 1,258.66 3/2/2020 1,665.69 1,266.11 399.58 9/2/2020 2,734.76 1,665.69 2,262.76 1,266.11 472.00 399.58 1,271.16 3/2/2021 1,599.37 1,221.88 377.49 9/2/2021 2,861.63 1,599.37 2,347.62 1,221.88 514.01 377.49 1,268.99 3/2/2022 1,529.62 1,173.06 356.56 9/2/2022 3,002.60 1,529.62 2,446.61 1,173.06 555.99 356.56 1,269.11 3/2/2023 1,454.55 1,119.74 334.81 9/2/2023 3,157.66 1,454.55 2,559.75 1,119.74 597.91 334.81 1,267.53 3/2/2024 1,374.82 1,062.03 312.79 9/2/2024 3,312.72 1,374.82 2,672.89 1,062.03 639.83 312.79 1,265.41 3/2/2025 1,291.17 1,001.10 290.07 9/2/2025 3,481.89 1,291.17 2,800.17 1,001.10 681.72 290.07 1,261.86 3/2/2026 1,201.51 935.87 265.64 9/2/2026 3,651.05 1,201.51 2,927.45 935.87 723.60 265.64 1,254.88 3/2/2027 1,107.50 866.20 241.30 9/2/2027 3,848.40 1,107.50 3,068.87 866.20 779.53 241.30 1,262.13 3/2/2028 1,008.40 792.41 215.99 9/2/2028 4,045.75 1,008.40 3,224.44 792.41 821.31 215.99 1,253.29 3/2/2029 904.23 714.07 190.16 9/2/2029 4,257.20 904.23 3,380.00 714.07 877.20 190.16 1,257.52 3/2/2030 794.60 630.26 164.34 9/2/2030 4,468.65 794.60 3,535.57 630.26 933.08 164.34 1,261.76 3/2/2031 678.42 541.71 136.71 9/2/2031 4,708.30 678.42 3,719.42 541.71 988.88 136.71 1,262.30 3/2/2032 556.00 447.63 108.37 9/2/2032 4,947.94 556.00 3,903.27 447.63 1,044.67 108.37 1,261.41 3/2/2033 427.36 345.97 81.39 9/2/2033 5,201.68 427.36 4,115.40 345.97 1,086.28 81.39 1,249.06 3/2/2034 292.11 236.72 55.39 9/2/2034 5,469.52 292.11 4,327.53 236.72 1,141.99 55.39 1,252.77 3/2/2035 149.90 121.85 28.05 9/2/2035 5.765.55 149.90 4,567.95 121.85 1.197.60 28.05 1,253.70 Totals $80,985.55 $56,430.74 $65,337.29 $43,286.38 $15,648.27 $13,144.36 $28,792.63 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $68,976.37 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $2,128.10 $2,138.04 $0.00 $1,806.34 $2,128.10 $331.70 $2,459.80 3/2/2014 2,094.42 1,541.05 553.37 9/2/2014 2,217.39 2,094.42 3,314.45 1,541.05 (1,097.06) 553.37 9.68 3/2/2015 2,047.30 1,506.06 (1,097.06) 541.24 9/2/2015 2,306.69 2,047.30 2,075.26 1,506.06 231.43 541.24 1,313.91 3/2/2016 1,996.55 1,480.54 516.01 9/2/2016 2,410.86 1,996.55 2,120.05 1,480.54 290.81 516.01 1,322.83 3/2/2017 1,942.31 1,450.77 491.54 1,322.83 9/2/2017 2,515.03 1,942.31 2,164.84 1,450.77 350.19 491.54 1,333.27 3/2/2018 1,885.09 1,416.57 468.52 1,333.27 9/2/2018 2,634.09 1,885.09 2,239.49 1,416.57 394.60 468.52 1,331.64 3/2/2019 1,823.85 1,378.96 444.89 1,331.64 9/2/2019 2,753.14 1,823.85 2,314.14 1,378.96 439.00 444.89 1,328.78 3/2/2020 1,758.46 1,336.63 421.83 9/2/2020 2,887.08 1,758.46 2,388.79 1,336.63 498.29 421.83 1,341.95 3/2/2021 1,688.45 1,289.94 398.51 1,341.95 9/2/2021 3,021.01 1,688.45 2,478.37 1,289.94 542.64 398.51 1,339.66 3/2/2022 1,614.81 1,238.40 376.41 9/2/2022 3,169.83 1,614.81 2,582.88 1,238.40 586.95 376.41 1,339.77 3/2/2023 1,535.56 1,182.11 353.45 1,339.77 9/2/2023 3,333.53 1,535.56 2,702.32 1,182.11 631.21 353.45 1,338.11 3/2/2024 1,451.39 1,121.18 330.21 1,338.11 9/2/2024 3,497.23 1,451.39 2,821.76 1,121.18 675.47 330.21 1,335.89 3/2/2025 1,363.09 1,056.86 306.23 1,335.89 9/2/2025 3,675.82 1,363.09 2,956.13 1,056.86 719.69 306.23 1,332.15 3/2/2026 1,268.44 987.99 280.45 1,332.15 9/2/2026 3,854.40 1,268.44 3,090.50 987.99 763.90 280.45 1,324.80 3/2/2027 1,169.18 914.45 254.73 1,324.80 9/2/2027 4,062.74 1,169.18 3,239.80 914.45 822.94 254.73 1,332.40 3/2/2028 1,064.57 836.55 228.02 1,332.40 9/2/2028 4,271.09 1,064.57 3,404.03 836.55 867.06 228.02 1,323.10 3/2/2029 954.59 753.84 200.75 1,323.10 9/2/2029 4,494.32 954.59 3,568.26 753.84 926.06 200.75 1,327.56 3/2/2030 838.86 665.36 173.50 9/2/2030 4,717.54 838.86 3,732.49 665.36 985.05 173.50 1,332.05 3/2/2031 716.20 571.88 144.32 1,332.05 9/2/2031 4,970.54 716.20 3,926.58 571.88 1,043.96 144.32 1,332.60 3/2/2032 586.97 472.56 114.41 9/2/2032 5,223.53 586.97 4,120.67 472.56 1,102.86 114.41 1,331.68 3/2/2033 451.16 365.24 85.92 1,331.68 9/2/2033 5,491.40 451.16 4,344.62 365.24 1,146.78 85.92 1,318.62 3/2/2034 308.38 249.91 58.47 9/2/2034 5,774.16 308.38 4,568.56 249.91 1,205.60 58.47 1,322.54 3/2/2035 158.25 128.63 29.62 1,322.54 9/2/2035 6.086.67 158.25 4.822.37 128.63 1.264.30 29.62 1.323.54 Totals 1 $85,496.19 $59,573.80 $68,976.37 $45,697.30 $16,519.83 $13,876.50 $30,396.33 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $69,437.95 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $2,142.34 $2,152.35 $0.00 $1,818.43 $2,142.34 $333.92 $2,476.26 3/2/2014 2,108.43 1,551.36 557.07 9/2/2014 2,232.23 2,108.43 3,336.63 1,551.36 (1,104.40) 557.07 9.74 3/2/2015 2,061.00 1,516.13 544.87 9/2/2015 2,322.12 2,061.00 2,089.15 1,516.13 232.97 544.87 1,322.71 3/2/2016 2,009.91 1,490.45 519.46 9/2/2016 2,426.99 2,009.91 2,134.24 1,490.45 292.75 519.46 1,331.67 3/2/2017 1,955.30 1,460.48 494.82 9/2/2017 2,531.86 1,955.30 2,179.33 1,460.48 352.53 494.82 1,342.17 3/2/2018 1,897.70 1,426.05 471.65 9/2/2018 2,651.71 1,897.70 2,254.48 1,426.05 397.23 471.65 1,340.53 3/2/2019 1,836.05 1,388.19 447.86 9/2/2019 2,771.56 1,836.05 2,329.63 1,388.19 441.93 447.86 1,337.65 3/2/2020 1,770.23 1,345.57 424.66 9/2/2020 2,906.40 1,770.23 2,404.78 1,345.57 501.62 424.66 1,350.94 3/2/2021 1,699.75 1,298.57 401.18 9/2/2021 3,041.23 1,699.75 2,494.96 1,298.57 546.27 401.18 1,348.63 3/2/2022 1,625.62 1,246.69 378.93 9/2/2022 3,191.04 1,625.62 2,600.17 1,246.69 590.87 378.93 1,348.73 3/2/2023 1,545.84 1,190.02 355.82 9/2/2023 3,355.84 1,545.84 2,720.40 1,190.02 635.44 355.82 1,347.08 3/2/2024 1,461.11 1,128.68 332.43 9/2/2024 3,520.64 1,461.11 2,840.64 1,128.68 680.00 332.43 1,344.86 3/2/2025 1,372.21 1,063.93 308.28 9/2/2025 3,700.41 1,372.21 2,975.91 1,063.93 724.50 308.28 1,341.06 3/2/2026 1,276.92 994.60 282.32 9/2/2026 3,880.19 1,276.92 3,111.18 994.60 769.01 282.32 1,333.65 3/2/2027 1,177.01 920.57 256.44 9/2/2027 4,089.93 1,177.01 3,261.48 920.57 828.45 256.44 1,341.33 3/2/2028 1,071.69 842.14 229.55 9/2/2028 4,299.67 1,071.69 3,426.81 842.14 872.86 229.55 1,331.96 3/2/2029 960.98 758.89 202.09 9/2/2029 4,524.39 960.98 3,592.14 758.89 932.25 202.09 1,336.43 3/2/2030 844.47 669.82 174.65 9/2/2030 4,749.11 844.47 3,757.46 669.82 991.65 174.65 1,340.95 3/2/2031 721.00 575.71 145.29 9/2/2031 5,003.80 721.00 3,952.85 575.71 1,050.95 145.29 1,341.53 3/2/2032 590.90 475.72 115.18 9/2/2032 5,258.48 590.90 4,148.24 475.72 1,110.24 115.18 1,340.60 3/2/2033 454.18 367.68 86.50 9/2/2033 5,528.15 454.18 4,373.69 367.68 1,154.46 86.50 1,327.46 3/2/2034 310.45 251.58 58.87 9/2/2034 5,812.79 310.45 4,599.14 251.58 1,213.65 58.87 1,331.39 3/2/2035 159.31 129.49 29.82 9/2/2035 6.127.40 159.31 4,854.64 129.49 1,272.76 29.82 1.332.40 totals $86,068.28 $59,972.47 $69,437.95 $46,003.07 $16,630.33 $13,969.40 $30,599.73 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $76,623.88 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $2,364.05 $2,375.09 $0.00 $2,006.61 $2,364.05 $368.48 $2,732.53 3/2/2014 2,326.63 1,711.91 614.72 $2,732.53 9/2/2014 2,463.24 2,326.63 3,681.93 1,711.91 (1,218.69) 614.72 10.75 3/2/2015 2,274.28 1,673.03 (1,218.69) 601.25 9/2/2015 2,562.43 2,274.28 2,305.35 1,673.03 257.08 601.25 1,459.58 3/2/2016 2,217.91 1,644.69 573.22 1,459.58 9/2/2016 2,678.15 2,217.91 2,355.11 1,644.69 323.04 573.22 1,469.48 3/2/2017 2,157.65 1,611.62 546.03 9/2/2017 2,793.88 2,157.65 2,404.86 1,611.62 389.02 546.03 1,481.08 3/2/2018 2,094.09 1,573.63 520.46 9/2/2018 2,926.13 2,094.09 2,487.79 1,573.63 438.34 520.46 1,479.26 3/2/2019 2,026.06 1,531.85 494.21 9/2/2019 3,058.39 2,026.06 2,570.71 1,531.85 487.68 494.21 1,476.10 3/2/2020 1,953.42 1,484.82 468.60 9/2/2020 3,207.17 1,953.42 2,653.64 1,484.82 553.53 468.60 1,490.73 3/2/2021 1,875.65 1,432.96 442.69 1,490.73 9/2/2021 3,355.96 1,875.65 2,753.15 1,432.96 602.81 442.69 1,488.19 3/2/2022 1,793.85 1,375.70 418.15 9/2/2022 3,521.28 1,793.85 2,869.25 1,375.70 652.03 418.15 1,488.33 3/2/2023 1,705.81 1,313.17 392.64 1,488.33 9/2/2023 3,703.13 1,705.81 3,001.93 1,313.17 701.20 392.64 1,486.48 3/2/2024 1,612.31 1,245.49 366.82 1,486.48 9/2/2024 3,884.98 1,612.31 3,134.61 1,245.49 750.37 366.82 1,484.01 3/2/2025 1,514.21 1,174.03 340.18 1,484.01 9/2/2025 4,083.36 1,514.21 3,283.88 1,174.03 799.48 340.18 1,479.84 3/2/2026 1,409.07 1,097.53 311.54 1,479.84 9/2/2026 4,281.74 1,409.07 3,433.15 1,097.53 848.59 311.54 1,471.67 3/2/2027 1,298.81 1,015.84 282.97 1,471.67 9/2/2027 4,513.19 1,298.81 3,599.00 1,015.84 914.19 282.97 1,480.13 3/2/2028 1,182.60 929.29 253.31 9/2/2028 4,744.63 1,182.60 3,781.44 929.29 963.19 253.31 1,469.81 3/2/2029 1,060.42 837.42 223.00 9/2/2029 4,992.61 1,060.42 3,963.88 837.42 1,028.73 223.00 1,474.73 3/2/2030 931.87 739.13 192.74 1,474.73 9/2/2030 5,240.58 931.87 4,146.31 739.13 1,094.27 192.74 1,479.75 3/2/2031 795.61 635.29 160.32 1,479.75 9/2/2031 5,521.63 795.61 4,361.92 635.29 1,159.71 160.32 1,480.35 3/2/2032 652.05 524.96 127.09 1,480.35 9/2/2032 5,802.67 652.05 4,577.53 524.96 1,225.14 127.09 1,479.32 3/2/2033 501.18 405.74 95.44 1,479.32 9/2/2033 6,100.24 501.18 4,826.31 405.74 1,273.93 95.44 1,464.81 3/2/2034 342.57 277.62 64.95 1,464.81 9/2/2034 6,414.34 342.57 5,075.09 277.62 1,339.25 64.95 1,469.15 3/2/2035 175.80 142.89 32.91 1,469.15 9/2/2035 6.761.51 175.80 5,357.04 142.89 1.404.47 32.91 1.470.29 Totals $94,975.29 $66,178.79 $76,623.88 $50,763.83 $18,351.41 $15,414.96 $33,766.37 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $89,238.31 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $2,753.24 $2,766.10 $0.00 $2,336.95 $2,753.24 $429.15 $3,182.39 3/2/2014 2,709.66 1,993.74 715.92 9/2/2014 2,868.76 2,709.66 4,288.07 1,993.74 (1,419.31) 715.92 12.53 3/2/2015 2,648.69 1,948.46 700.23 9/2/2015 2,984.28 2,648.69 2,684.88 1,948.46 299.40 700.23 1,699.86 3/2/2016 2,583.04 1,915.45 667.59 9/2/2016 3,119.05 2,583.04 2,742.82 1,915.45 376.23 667.59 1,711.41 3/2/2017 2,512.86 1,876.93 635.93 9/2/2017 3,253.83 2,512.86 2,800.77 1,876.93 453.06 635.93 1,724.92 3/2/2018 2,438.84 1,832.69 606.15 9/2/2018 3,407.85 2,438.84 2,897.35 1,832.69 510.50 606.15 1,722.80 3/2/2019 2,359.60 1,784.03 575.57 9/2/2019 3,561.88 2,359.60 2,993.93 1,784.03 567.95 575.57 1,719.09 3/2/2020 2,275.01 1,729.26 545.75 9/2/2020 3,735.16 2,275.01 3,090.50 1,729.26 644.66 545.75 1,736.16 3/2/2021 2,184.43 1,668.86 515.57 9/2/2021 3,908.44 2,184.43 3,206.40 1,668.86 702.04 515.57 1,733.18 3/2/2022 2,089.16 1,602.18 486.98 9/2/2022 4,100.98 2,089.16 3,341.61 1,602.18 759.37 486.98 1,733.33 3/2/2023 1,986.64 1,529.35 457.29 9/2/2023 4,312.76 1,986.64 3,496.13 1,529.35 816.63 457.29 1,731.21 3/2/2024 1,877.74 1,450.53 427.21 9/2/2024 4,524.55 1,877.74 3,650.66 1,450.53 873.89 427.21 1,728.31 3/2/2025 1,763.50 1,367.31 396.19 9/2/2025 4,755.59 1,763.50 3,824.50 1,367.31 931.09 396.19 1,723.47 3/2/2026 1,641.04 1,278.21 362.83 9/2/2026 4,986.63 1,641.04 3,998.34 1,278.21 988.29 362.83 1,713.95 3/2/2027 1,512.63 1,183.07 329.56 9/2/2027 5,256.18 1,512.63 4,191.50 1,183.07 1,064.68 329.56 1,723.80 3/2/2028 1,377.29 1,082.28 295.01 9/2/2028 5,525.73 1,377.29 4,403.97 1,082.28 1,121.76 295.01 1,711.78 3/2/2029 1,235.00 975.29 259.71 9/2/2029 5,814.53 1,235.00 4,616.44 975.29 1,198.09 259.71 1,717.51 3/2/2030 1,085.28 860.82 224.46 9/2/2030 6,103.33 1,085.28 4,828.91 860.82 1,274.42 224.46 1,723.34 3/2/2031 926.59 739.87 186.72 9/2/2031 6,430.64 926.59 5,080.02 739.87 1,350.62 186.72 1,724.06 3/2/2032 759.39 611.38 148.01 9/2/2032 6,757.95 759.39 5,331.12 611.38 1,426.83 148.01 1,722.85 3/2/2033 583.69 472.53 111.16 9/2/2033 7,104.51 583.69 5,620.85 472.53 1,483.66 111.16 1,705.98 3/2/2034 398.97 323.32 75.65 9/2/2034 7,470.32 398.97 5,910.59 323.32 1,559.73 75.65 1,711.03 3/2/2035 204.74 166.42 38.32 9/2/2035 7.874.65 204.74 6.238.96 166.42 1.635.69 38.32 1.712.33 Totals $110,610.84 $77,073.68 $89,238.31 $59,120.91 $21,372.52 $17,952.77 $39,325.29 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison of the Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $90,413.05 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $2,789.48 $2,802.51 $0.00 $2,367.72 $2,789.48 $434.79 $3,224.27 3/2/2014 2,745.33 2,019.98 725.35 9/2/2014 2,906.52 2,745.33 4,344.52 2,019.98 (1,438.00) 725.35 12.70 3/2/2015 2,683.56 1,974.11 709.45 9/2/2015 3,023.56 2,683.56 2,720.22 1,974.11 303.34 709.45 1,722.24 3/2/2016 2,617.04 1,940.67 676.37 1,722.24 9/2/2016 3,160.11 2,617.04 2,778.93 1,940.67 381.18 676.37 1,733.92 3/2/2017 2,545.94 1,901.64 644.30 9/2/2017 3,296.66 2,545.94 2,837.64 1,901.64 459.02 644.30 1,747.62 3/2/2018 2,470.94 1,856.82 614.12 9/2/2018 3,452.72 2,470.94 2,935.49 1,856.82 517.23 614.12 1,745.47 3/2/2019 2,390.67 1,807.52 583.15 1,745.47 9/2/2019 3,608.77 2,390.67 3,033.34 1,807.52 575.43 583.15 1,741.73 3/2/2020 2,304.96 1,752.03 552.93 9/2/2020 3,784.33 2,304.96 3,131.19 1,752.03 653.14 552.93 1,759.00 3/2/2021 2,213.19 1,690.83 522.36 1,759.00 9/2/2021 3,959.89 2,213.19 3,248.61 1,690.83 711.28 522.36 1,756.00 3/2/2022 2,116.67 1,623.27 493.40 1,756.00 9/2/2022 4,154.96 2,116.67 3,385.60 1,623.27 769.36 493.40 1,756.16 3/2/2023 2,012.79 1,549.49 463.30 1,756.16 9/2/2023 4,369.54 2,012.79 3,542.16 1,549.49 827.38 463.30 1,753.98 3/2/2024 1,902.46 1,469.62 432.84 1,753.98 9/2/2024 4,584.11 1,902.46 3,698.72 1,469.62 885.39 432.84 1,751.07 3/2/2025 1,786.71 1,385.31 401.40 1,751.07 9/2/2025 4,818.20 1,786.71 3,874.84 1,385.31 943.36 401.40 1,746.16 3/2/2026 1,662.64 1,295.04 367.60 1,746.16 9/2/2026 5,052.28 1,662.64 4,050.97 1,295.04 1,001.31 367.60 1,736.51 3/2/2027 1,532.55 1,198.64 333.91 1,736.51 9/2/2027 5,325.37 1,532.55 4,246.67 1,198.64 1,078.70 333.91 1,746.52 3/2/2028 1,395.42 1,096.53 298.89 9/2/2028 5,598.47 1,395.42 4,461.94 1,096.53 1,136.53 298.89 1,734.31 3/2/2029 1,251.26 988.12 263.14 1,734.31 9/2/2029 5,891.07 1,251.26 4,677.21 988.12 1,213.86 263.14 1,740.14 3/2/2030 1,099.56 872.15 227.41 1,740.14 9/2/2030 6,183.68 1,099.56 4,892.48 872.15 1,291.20 227.41 1,746.02 3/2/2031 938.79 749.61 189.18 1,746.02 9/2/2031 6,515.29 938.79 5,146.89 749.61 1,368.40 189.18 1,746.76 3/2/2032 769.39 619.43 149.96 9/2/2032 6,846.91 769.39 5,401.30 619.43 1,445.61 149.96 1,745.53 3/2/2033 591.37 478.75 112.62 9/2/2033 7,198.03 591.37 5,694.85 478.75 1,503.18 112.62 1,728.42 3/2/2034 404.22 327.57 76.65 1,728.42 9/2/2034 7,568.66 404.22 5,988.40 327.57 1,580.26 76.65 1,733.56 3/2/2035 207.44 168.61 38.83 1,733.56 9/2/2035 7.978.31 207.44 6.321.09 168.61 1.657.22 38.83 1.734.88 Totals $112,066.92 $78,088.31 $90,413.05 $59,899.20 $21,653.86 $18,189.11 $39,842.97 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $91,581.55 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $2,825.53 $2,838.73 $0.00 $2,398.32 $2,825.53 $440.41 $3,265.94 3/2/2014 2,780.81 2,046.09 734.72 9/2/2014 2,944.09 2,780.81 4,400.67 2,046.09 (1,456.58) 734.72 12.86 3/2/2015 2,718.24 1,999.63 718.61 9/2/2015 3,062.64 2,718.24 2,755.38 1,999.63 307.26 718.61 1,744.48 3/2/2016 2,650.87 1,965.75 685.12 9/2/2016 3,200.95 2,650.87 2,814.84 1,965.75 386.11 685.12 1,756.35 3/2/2017 2,578.84 1,926.22 652.62 9/2/2017 3,339.27 2,578.84 2,874.31 1,926.22 464.96 652.62 1,770.20 3/2/2018 2,502.88 1,880.82 622.06 9/2/2018 3,497.34 2,502.88 2,973.43 1,880.82 523.91 622.06 1,768.03 3/2/2019 2,421.56 1,830.88 590.68 9/2/2019 3,655.41 2,421.56 3,072.54 1,830.88 582.87 590.68 1,764.23 3/2/2020 2,334.75 1,774.67 560.08 9/2/2020 3,833.24 2,334.75 3,171.66 1,774.67 661.58 560.08 1,781.74 3/2/2021 2,241.79 1,712.68 529.11 9/2/2021 4,011.07 2,241.79 3,290.59 1,712.68 720.48 529.11 1,778.70 3/2/2022 2,144.02 1,644.25 499.77 9/2/2022 4,208.66 2,144.02 3,429.35 1,644.25 779.31 499.77 1,778.85 3/2/2023 2,038.80 1,569.51 469.29 9/2/2023 4,426.01 2,038.80 3,587.94 1,569.51 838.07 469.29 1,776.65 3/2/2024 1,927.05 1,488.62 438.43 9/2/2024 4,643.36 1,927.05 3,746.52 1,488.62 896.84 438.43 1,773.70 3/2/2025 1,809.80 1,403.21 406.59 9/2/2025 4,880.47 1,809.80 3,924.92 1,403.21 955.55 406.59 1,768.73 3/2/2026 1,684.13 1,311.78 372.35 9/2/2026 5,117.57 1,684.13 4,103.33 1,311.78 1,014.24 372.35 1,758.94 3/2/2027 1,552.35 1,214.14 338.21 9/2/2027 5,394.20 1,552.35 4,301.56 1,214.14 1,092.64 338.21 1,769.06 3/2/2028 1,413.45 1,110.70 302.75 9/2/2028 5,670.83 1,413.45 4,519.61 1,110.70 1,151.22 302.75 1,756.72 3/2/2029 1,267.43 1,000.90 266.53 9/2/2029 5,967.21 1,267.43 4,737.66 1,000.90 1,229.55 266.53 1,762.61 3/2/2030 1,113.77 883.42 230.35 9/2/2030 6,263.59 1,113.77 4,955.71 883.42 1,307.88 230.35 1,768.58 3/2/2031 950.92 759.30 191.62 9/2/2031 6,599.50 950.92 5,213.41 759.30 1,386.09 191.62 1,769.33 3/2/2032 779.33 627.43 151.90 9/2/2032 6,935.40 779.33 5,471.11 627.43 1,464.29 151.90 1,768.09 3/2/2033 599.01 484.94 114.07 9/2/2033 7,291.06 599.01 5,768.45 484.94 1,522.61 114.07 1,750.75 3/2/2034 409.45 331.81 77.64 9/2/2034 7,666.48 409.45 6,065.79 331.81 1,600.69 77.64 1,755.97 3/2/2035 210.12 170.79 39.33 9/2/2035 8.081.42 210.12 6,402.78 170.79 1,678.64 39.33 1.757.30 Totals $113,515.30 $79,097.47 $91,581.55 $60,673.40 $21,933.74 $18,424.07 $40,357.81 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $94,904.03 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $2,928.04 $2,941.72 $0.00 $2,485.33 $2,928.04 $456.39 $3,384.43 3/2/2014 2,881.69 2,120.32 761.37 9/2/2014 3,050.90 2,881.69 4,560.32 2,120.32 (1,509.42) 761.37 13.32 3/2/2015 2,816.86 2,072.17 744.69 9/2/2015 3,173.75 2,816.86 2,855.34 2,072.17 318.41 744.69 1,807.79 3/2/2016 2,747.04 2,037.07 709.97 9/2/2016 3,317.08 2,747.04 2,916.96 2,037.07 400.12 709.97 1,820.06 3/2/2017 2,672.40 1,996.10 676.30 9/2/2017 3,460.41 2,672.40 2,978.59 1,996.10 481.82 676.30 1,834.42 3/2/2018 2,593.68 1,949.05 644.63 9/2/2018 3,624.22 2,593.68 3,081.30 1,949.05 542.92 644.63 1,832.18 3/2/2019 2,509.42 1,897.30 612.12 9/2/2019 3,788.02 2,509.42 3,184.01 1,897.30 604.01 612.12 1,828.25 3/2/2020 2,419.45 1,839.05 580.40 9/2/2020 3,972.31 2,419.45 3,286.72 1,839.05 685.59 580.40 1,846.39 3/2/2021 2,323.12 1,774.82 548.30 9/2/2021 4,156.59 2,323.12 3,409.97 1,774.82 746.62 548.30 1,843.22 3/2/2022 2,221.80 1,703.91 517.89 9/2/2022 4,361.35 2,221.80 3,553.77 1,703.91 807.58 517.89 1,843.36 3/2/2023 2,112.77 1,626.45 486.32 9/2/2023 4,586.58 2,112.77 3,718.10 1,626.45 868.48 486.32 1,841.12 3/2/2024 1,996.96 1,542.62 454.34 1,841.12 9/2/2024 4,811.81 1,996.96 3,882.44 1,542.62 929.37 454.34 1,838.05 3/2/2025 1,875.46 1,454.12 421.34 1,838.05 9/2/2025 5,057.52 1,875.46 4,067.32 1,454.12 990.20 421.34 1,832.88 3/2/2026 1,745.23 1,359.37 385.86 9/2/2026 5,303.23 1,745.23 4,252.19 1,359.37 1,051.04 385.86 1,822.76 3/2/2027 1,608.67 1,258.18 350.49 9/2/2027 5,589.90 1,608.67 4,457.61 1,258.18 1,132.29 350.49 1,833.27 3/2/2028 1,464.73 1,151.00 313.73 1,833.27 9/2/2028 5,876.56 1,464.73 4,683.58 1,151.00 1,192.98 313.73 1,820.44 3/2/2029 1,313.41 1,037.21 276.20 9/2/2029 6,183.69 1,313.41 4,909.54 1,037.21 1,274.15 276.20 1,826.55 3/2/2030 1,154.18 915.47 238.71 9/2/2030 6,490.83 1,154.18 5,135.50 915.47 1,355.33 238.71 1,832.75 3/2/2031 985.42 786.85 198.57 1,832.75 9/2/2031 6,838.92 985.42 5,402.55 786.85 1,436.37 198.57 1,833.51 3/2/2032 807.61 650.19 157.42 9/2/2032 7,187.01 807.61 5,669.59 650.19 1,517.42 157.42 1,832.26 3/2/2033 620.74 502.53 118.21 9/2/2033 7,555.57 620.74 5,977.72 502.53 1,577.85 118.21 1,814.27 3/2/2034 424.30 343.85 80.45 9/2/2034 7,944.61 424.30 6,285.85 343.85 1,658.76 80.45 1,819.66 3/2/2035 217.74 176.98 40.76 9/2/2035 8.374.60 217.74 6.635.07 176.98 1.739.53 40.76 1.821.05 Totals $117,633.50 $81,967.08 1 $94,904.03 $62,874.55 $22,729.46 $19,092.53 $41,821.99 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $119,252.48 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $3,679.25 $3,696.44 $0.00 $3,122.96 $3,679.25 $573.48 $4,252.73 3/2/2014 3,621.01 2,664.30 956.71 9/2/2014 3,833.63 3,621.01 5,730.31 2,664.30 (1,896.68) 956.71 16.74 3/2/2015 3,539.55 2,603.80 935.75 9/2/2015 3,988.00 3,539.55 3,587.90 2,603.80 400.10 935.75 2,271.60 3/2/2016 3,451.81 2,559.69 892.12 9/2/2016 4,168.11 3,451.81 3,665.34 2,559.69 502.77 892.12 2,287.01 3/2/2017 3,358.03 2,508.22 849.81 9/2/2017 4,348.21 3,358.03 3,742.77 2,508.22 605.44 849.81 2,305.06 3/2/2018 3,259.11 2,449.10 810.01 9/2/2018 4,554.04 3,259.11 3,871.83 2,449.10 682.21 810.01 2,302.23 3/2/2019 3,153.23 2,384.07 769.16 9/2/2019 4,759.87 3,153.23 4,000.89 2,384.07 758.98 769.16 2,297.30 3/2/2020 3,040.18 2,310.88 729.30 9/2/2020 4,991.44 3,040.18 4,129.96 2,310.88 861.48 729.30 2,320.08 3/2/2021 2,919.14 2,230.16 688.98 9/2/2021 5,223.00 2,919.14 4,284.83 2,230.16 938.17 688.98 2,316.13 3/2/2022 2,791.83 2,141.06 650.77 9/2/2022 5,480.29 2,791.83 4,465.51 2,141.06 1,014.78 650.77 2,316.32 3/2/2023 2,654.82 2,043.73 611.09 9/2/2023 5,763.31 2,654.82 4,672.01 2,043.73 1,091.30 611.09 2,313.48 3/2/2024 2,509.30 1,938.39 570.91 9/2/2024 6,046.33 2,509.30 4,878.51 1,938.39 1,167.82 570.91 2,309.64 3/2/2025 2,356.63 1,827.19 529.44 9/2/2025 6,355.08 2,356.63 5,110.82 1,827.19 1,244.26 529.44 2,303.14 3/2/2026 2,192.98 1,708.13 484.85 9/2/2026 6,663.82 2,192.98 5,343.13 1,708.13 1,320.69 484.85 2,290.39 3/2/2027 2,021.39 1,580.98 440.41 9/2/2027 7,024.03 2,021.39 5,601.25 1,580.98 1,422.78 440.41 2,303.60 3/2/2028 1,840.52 1,446.29 394.23 9/2/2028 7,384.24 1,840.52 5,885.19 1,446.29 1,499.05 394.23 2,287.51 3/2/2029 1,650.38 1,303.31 347.07 9/2/2029 7,770.17 1,650.38 6,169.12 1,303.31 1,601.05 347.07 2,295.19 3/2/2030 1,450.30 1,150.34 299.96 9/2/2030 8,156.11 1,450.30 6,453.06 1,150.34 1,703.05 299.96 2,302.97 3/2/2031 1,238.24 988.72 249.52 9/2/2031 8,593.50 1,238.24 6,788.62 988.72 1,804.88 249.52 2,303.92 3/2/2032 1,014.81 817.01 197.80 9/2/2032 9,030.90 1,014.81 7,124.17 817.01 1,906.73 197.80 2,302.33 3/2/2033 780.00 631.46 148.54 9/2/2033 9,494.02 780.00 7,511.36 631.46 1,982.66 148.54 2,279.74 3/2/2034 533.16 432.06 101.10 9/2/2034 9,982.87 533.16 7,898.54 432.06 2,084.33 101.10 2,286.53 3/2/2035 273.60 222.39 51.21 9/2/2035 10.523.18 273.60 8.337.35 222.39 2,185.83 51.21 2.288.25 Totals $147,813.40 $102,996.48 $119,252.48 $79,005.52 $28,560.93 $23,990.96 $52,551.89 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $122,009.50 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $3,764.32 $3,781.90 $0.00 $3,195.16 $3,764.32 $586.74 $4,351.06 3/2/2014 3,704.73 2,725.90 978.83 $4,351.06 9/2/2014 3,922.26 3,704.73 5,862.79 2,725.90 (1,940.53) 978.83 17.13 3/2/2015 3,621.38 2,664.00 (1,940.53) 957.38 9/2/2015 4,080.20 3,621.38 3,670.85 2,664.00 409.35 957.38 2,324.11 3/2/2016 3,531.62 2,618.87 912.75 2,324.11 9/2/2016 4,264.47 3,531.62 3,750.08 2,618.87 514.39 912.75 2,339.89 3/2/2017 3,435.67 2,566.20 869.47 9/2/2017 4,448.74 3,435.67 3,829.30 2,566.20 619.44 869.47 2,358.38 3/2/2018 3,334.46 2,505.72 828.74 9/2/2018 4,659.33 3,334.46 3,961.35 2,505.72 697.98 828.74 2,355.46 3/2/2019 3,226.13 2,439.19 786.94 9/2/2019 4,869.92 3,226.13 4,093.39 2,439.19 776.53 786.94 2,350.41 3/2/2020 3,110.47 2,364.30 746.17 2,350.41 9/2/2020 5,106.83 3,110.47 4,225.44 2,364.30 881.39 746.17 2,373.73 3/2/2021 2,986.63 2,281.72 704.91 2,373.73 9/2/2021 5,343.75 2,986.63 4,383.89 2,281.72 959.86 704.91 2,369.68 3/2/2022 2,856.37 2,190.56 665.81 2,369.68 9/2/2022 5,606.99 2,856.37 4,568.75 2,190.56 1,038.24 665.81 2,369.86 3/2/2023 2,716.20 2,090.98 625.22 9/2/2023 5,896.55 2,716.20 4,780.03 2,090.98 1,116.52 625.22 2,366.96 3/2/2024 2,567.31 1,983.21 584.10 9/2/2024 6,186.11 2,567.31 4,991.30 1,983.21 1,194.81 584.10 2,363.01 3/2/2025 2,411.11 1,869.43 541.68 9/2/2025 6,502.00 2,411.11 5,228.98 1,869.43 1,273.02 541.68 2,356.38 3/2/2026 2,243.68 1,747.62 496.06 9/2/2026 6,817.89 2,243.68 5,466.66 1,747.62 1,351.23 496.06 2,343.35 3/2/2027 2,068.12 1,617.53 450.59 2,343.35 9/2/2027 7,186.42 2,068.12 5,730.75 1,617.53 1,455.67 450.59 2,356.85 3/2/2028 1,883.07 1,479.73 403.34 9/2/2028 7,554.96 1,883.07 6,021.25 1,479.73 1,533.71 403.34 2,340.39 3/2/2029 1,688.53 1,333.44 355.09 2,340.39 9/2/2029 7,949.81 1,688.53 6,311.75 1,333.44 1,638.06 355.09 2,348.24 3/2/2030 1,483.82 1,176.94 306.88 9/2/2030 8,344.67 1,483.82 6,602.25 1,176.94 1,742.42 306.88 2,356.18 3/2/2031 1,266.86 1,011.58 255.28 2,356.18 9/2/2031 8,792.18 1,266.86 6,945.56 1,011.58 1,846.62 255.28 2,357.18 3/2/2032 1,038.27 835.90 202.37 2,357.18 9/2/2032 9,239.68 1,038.27 7,288.88 835.90 1,950.80 202.37 2,355.54 3/2/2033 798.04 646.06 151.98 2,355.54 9/2/2033 9,713.51 798.04 7,685.01 646.06 2,028.50 151.98 2,332.46 3/2/2034 545.48 442.05 103.43 2,332.46 9/2/2034 10,213.67 545.48 8,081.15 442.05 2,132.52 103.43 2,339.38 3/2/2035 279.93 227.53 52.40 9/2/2035 10.766.47 279.93 8.530.10 227.53 2.236.37 52.40 2.341.17 Totals $151,230.73 $105,377.66 1 $122,009.50 $80,832.08 $29,221.22 $24,545.58 $53,766.80 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $127,544.56 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $3,935.09 $3,953.47 $0.00 $3,340.11 $3,935.09 $613.36 $4,548.45 3/2/2014 3,872.80 2,849.56 1,023.24 9/2/2014 4,100.20 3,872.80 6,128.76 2,849.56 (2,028.56) 1,023.24 17.92 3/2/2015 3,785.67 2,784.86 1,000.81 9/2/2015 4,265.30 3,785.67 3,837.38 2,784.86 427.92 1,000.81 2,429.54 3/2/2016 3,691.83 2,737.68 954.15 9/2/2016 4,457.93 3,691.83 3,920.20 2,737.68 537.73 954.15 2,446.03 3/2/2017 3,591.53 2,682.62 908.91 9/2/2017 4,650.56 3,591.53 4,003.02 2,682.62 647.54 908.91 2,465.36 3/2/2018 3,485.73 2,619.39 866.34 9/2/2018 4,870.70 3,485.73 4,141.06 2,619.39 729.64 866.34 2,462.32 3/2/2019 3,372.48 2,549.85 822.63 9/2/2019 5,090.85 3,372.48 4,279.09 2,549.85 811.76 822.63 2,457.02 3/2/2020 3,251.58 2,471.56 780.02 9/2/2020 5,338.51 3,251.58 4,417.13 2,471.56 921.38 780.02 2,481.42 3/2/2021 3,122.12 2,385.23 736.89 9/2/2021 5,586.17 3,122.12 4,582.77 2,385.23 1,003.40 736.89 2,477.18 3/2/2022 2,985.95 2,289.93 696.02 9/2/2022 5,861.35 2,985.95 4,776.02 2,289.93 1,085.33 696.02 2,477.37 3/2/2023 2,839.42 2,185.84 653.58 9/2/2023 6,164.05 2,839.42 4,996.88 2,185.84 1,167.17 653.58 2,474.33 3/2/2024 2,683.78 2,073.18 610.60 9/2/2024 6,466.75 2,683.78 5,217.73 2,073.18 1,249.02 610.60 2,470.22 3/2/2025 2,520.49 1,954.24 566.25 9/2/2025 6,796.97 2,520.49 5,466.20 1,954.24 1,330.77 566.25 2,463.27 3/2/2026 2,345.47 1,826.90 518.57 9/2/2026 7,127.19 2,345.47 5,714.66 1,826.90 1,412.53 518.57 2,449.67 3/2/2027 2,161.95 1,690.91 471.04 9/2/2027 7,512.44 2,161.95 5,990.73 1,690.91 1,521.71 471.04 2,463.79 3/2/2028 1,968.50 1,546.86 421.64 9/2/2028 7,897.69 1,968.50 6,294.41 1,546.86 1,603.28 421.64 2,446.56 3/2/2029 1,765.13 1,393.94 371.19 9/2/2029 8,310.46 1,765.13 6,598.08 1,393.94 1,712.38 371.19 2,454.76 3/2/2030 1,551.14 1,230.33 320.81 9/2/2030 8,723.24 1,551.14 6,901.76 1,230.33 1,821.48 320.81 2,463.10 3/2/2031 1,324.34 1,057.47 266.87 9/2/2031 9,191.04 1,324.34 7,260.65 1,057.47 1,930.39 266.87 2,464.13 3/2/2032 1,085.37 873.82 211.55 9/2/2032 9,658.85 1,085.37 7,619.55 873.82 2,039.30 211.55 2,462.40 3/2/2033 834.24 675.37 158.87 9/2/2033 10,154.18 834.24 8,033.65 675.37 2,120.53 158.87 2,438.27 3/2/2034 570.23 462.11 108.12 9/2/2034 10,677.02 570.23 8,447.76 462.11 2,229.26 108.12 2,445.50 3/2/2035 292.63 237.85 54.78 9/2/2035 11.254.90 292.63 8.917.08 237.85 2,337.82 54.78 2,447.38 Totals $158,091.44 $110,158.23 $127,544.56 $84,499.11 $30,546.87 $25,659.12 $56,205.99 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $131,002.18 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $4,041.76 $4,060.64 $0.00 $3,430.66 $4,041.76 $629.98 $4,671.74 3/2/2014 3,977.78 2,926.81 1,050.97 9/2/2014 4,211.35 3,977.78 6,294.91 2,926.81 (2,083.56) 1,050.97 18.38 3/2/2015 3,888.29 2,860.35 1,027.94 9/2/2015 4,380.93 3,888.29 3,941.41 2,860.35 439.52 1,027.94 2,495.40 3/2/2016 3,791.91 2,811.89 980.02 9/2/2016 4,578.78 3,791.91 4,026.47 2,811.89 552.31 980.02 2,512.35 3/2/2017 3,688.89 2,755.34 933.55 9/2/2017 4,776.63 3,688.89 4,111.54 2,755.34 665.09 933.55 2,532.19 3/2/2018 3,580.22 2,690.40 889.82 9/2/2018 5,002.74 3,580.22 4,253.32 2,690.40 749.42 889.82 2,529.06 3/2/2019 3,463.91 2,618.97 844.94 9/2/2019 5,228.86 3,463.91 4,395.09 2,618.97 833.77 844.94 2,523.65 3/2/2020 3,339.72 2,538.56 801.16 9/2/2020 5,483.23 3,339.72 4,536.87 2,538.56 946.36 801.16 2,548.68 3/2/2021 3,206.75 2,449.89 756.86 9/2/2021 5,737.61 3,206.75 4,707.00 2,449.89 1,030.61 756.86 2,544.33 3/2/2022 3,066.90 2,352.01 714.89 2,544.33 9/2/2022 6,020.25 3,066.90 4,905.49 2,352.01 1,114.76 714.89 2,544.54 3/2/2023 2,916.39 2,245.10 671.29 9/2/2023 6,331.15 2,916.39 5,132.34 2,245.10 1,198.81 671.29 2,541.39 3/2/2024 2,756.53 2,129.38 627.15 2,541.39 9/2/2024 6,642.06 2,756.53 5,359.18 2,129.38 1,282.88 627.15 2,537.18 3/2/2025 2,588.82 2,007.21 581.61 2,537.18 9/2/2025 6,981.23 2,588.82 5,614.38 2,007.21 1,366.85 581.61 2,530.07 3/2/2026 2,409.05 1,876.42 532.63 2,530.07 9/2/2026 7,320.40 2,409.05 5,869.58 1,876.42 1,450.82 532.63 2,516.08 3/2/2027 2,220.55 1,736.75 483.80 2,516.08 9/2/2027 7,716.09 2,220.55 6,153.13 1,736.75 1,562.96 483.80 2,530.56 3/2/2028 2,021.86 1,588.79 433.07 9/2/2028 8,111.79 2,021.86 6,465.04 1,588.79 1,646.75 433.07 2,512.89 3/2/2029 1,812.99 1,431.72 381.27 9/2/2029 8,535.75 1,812.99 6,776.95 1,431.72 1,758.80 381.27 2,521.34 3/2/2030 1,593.19 1,263.68 329.51 9/2/2030 8,959.71 1,593.19 7,088.86 1,263.68 1,870.85 329.51 2,529.87 3/2/2031 1,360.24 1,086.14 274.10 9/2/2031 9,440.20 1,360.24 7,457.48 1,086.14 1,982.72 274.10 2,530.92 3/2/2032 1,114.79 897.50 217.29 2,530.92 9/2/2032 9,920.69 1,114.79 7,826.10 897.50 2,094.59 217.29 2,529.17 3/2/2033 856.85 693.68 163.17 2,529.17 9/2/2033 10,429.45 856.85 8,251.44 693.68 2,178.01 163.17 2,504.35 3/2/2034 585.69 474.63 111.06 9/2/2034 10,966.46 585.69 8,676.77 474.63 2,289.69 111.06 2,511.81 3/2/2035 300.56 244.30 56.26 2,511.81 9/2/2035 11,560.01 300.56 9,158.81 244.30 2,401.20 56.26 2,513.72 Totals $162,377.13 $113,144.40 $131,002.18 $86,789.70 $31,374.97 $26,354.70 $57,729.67 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $135,006.45 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $4,165.31 $4,184.76 $0.00 $3,535.52 $4,165.31 $649.24 $4,814.55 3/2/2014 4,099.37 3,016.27 1,083.10 9/2/2014 4,340.07 4,099.37 6,487.32 3,016.27 (2,147.25) 1,083.10 18.95 3/2/2015 4,007.14 2,947.78 1,059.36 9/2/2015 4,514.84 4,007.14 4,061.88 2,947.78 452.96 1,059.36 2,571.68 3/2/2016 3,907.82 2,897.84 1,009.98 9/2/2016 4,718.74 3,907.82 4,149.55 2,897.84 569.19 1,009.98 2,589.15 3/2/2017 3,801.65 2,839.57 962.08 9/2/2017 4,922.63 3,801.65 4,237.22 2,839.57 685.41 962.08 2,609.57 3/2/2018 3,689.66 2,772.64 917.02 9/2/2018 5,155.66 3,689.66 4,383.33 2,772.64 772.33 917.02 2,606.37 3/2/2019 3,569.79 2,699.02 870.77 9/2/2019 5,388.68 3,569.79 4,529.44 2,699.02 859.24 870.77 2,600.78 3/2/2020 3,441.81 2,616.16 825.65 9/2/2020 5,650.84 3,441.81 4,675.55 2,616.16 975.29 825.65 2,626.59 3/2/2021 3,304.77 2,524.78 779.99 9/2/2021 5,912.99 3,304.77 4,850.88 2,524.78 1,062.11 779.99 2,622.09 3/2/2022 3,160.64 2,423.90 736.74 9/2/2022 6,204.27 3,160.64 5,055.44 2,423.90 1,148.83 736.74 2,622.31 3/2/2023 3,005.54 2,313.72 691.82 9/2/2023 6,524.68 3,005.54 5,289.21 2,313.72 1,235.47 691.82 2,619.11 3/2/2024 2,840.79 2,194.47 646.32 9/2/2024 6,845.08 2,840.79 5,522.99 2,194.47 1,322.09 646.32 2,614.73 3/2/2025 2,667.95 2,068.57 599.38 9/2/2025 7,194.62 2,667.95 5,785.99 2,068.57 1,408.63 599.38 2,607.39 3/2/2026 2,482.69 1,933.78 548.91 9/2/2026 7,544.16 2,482.69 6,048.99 1,933.78 1,495.17 548.91 2,592.99 3/2/2027 2,288.43 1,789.84 498.59 9/2/2027 7,951.95 2,288.43 6,341.21 1,789.84 1,610.74 498.59 2,607.92 3/2/2028 2,083.67 1,637.36 446.31 9/2/2028 8,359.74 2,083.67 6,662.66 1,637.36 1,697.08 446.31 2,589.70 3/2/2029 1,868.40 1,475.49 392.91 9/2/2029 8,796.66 1,868.40 6,984.10 1,475.49 1,812.56 392.91 2,598.38 3/2/2030 1,641.89 1,302.31 339.58 9/2/2030 9,233.58 1,641.89 7,305.54 1,302.31 1,928.04 339.58 2,607.20 3/2/2031 1,401.81 1,119.34 282.47 9/2/2031 9,728.76 1,401.81 7,685.43 1,119.34 2,043.33 282.47 2,608.27 3/2/2032 1,148.87 924.94 223.93 9/2/2032 10,223.93 1,148.87 8,065.32 924.94 2,158.61 223.93 2,606.47 3/2/2033 883.04 714.88 168.16 9/2/2033 10,748.24 883.04 8,503.65 714.88 2,244.59 168.16 2,580.91 3/2/2034 603.59 489.14 114.45 9/2/2034 11,301.67 603.59 8,941.99 489.14 2,359.68 114.45 2,588.58 3/2/2035 309.75 251.77 57.98 9/2/2035 11,913.36 309.75 9.438.76 251.77 2.474.60 57.98 2.590.56 Totals $167,340.46 $116,602.90 $135,006.45 $89,442.66 $32,334.01 $27,160.24 $59,494.25 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $143,257.85 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $4,419.88 $4,440.53 $0.00 $3,751.61 $4,419.88 $688.92 $5,108.80 3/2/2014 4,349.92 3,200.62 1,149.30 9/2/2014 4,605.33 4,349.92 6,883.82 3,200.62 (2,278.49) 1,149.30 20.11 3/2/2015 4,252.06 3,127.95 (2,278.49) 1,124.11 9/2/2015 4,790.78 4,252.06 4,310.14 3,127.95 480.64 1,124.11 2,728.86 3/2/2016 4,146.66 3,074.96 1,071.70 2,728.86 9/2/2016 5,007.14 4,146.66 4,403.16 3,074.96 603.98 1,071.70 2,747.38 3/2/2017 4,034.00 3,013.12 1,020.88 2,747.38 9/2/2017 5,223.50 4,034.00 4,496.19 3,013.12 727.31 1,020.88 2,769.07 3/2/2018 3,915.16 2,942.10 973.06 2,769.07 9/2/2018 5,470.77 3,915.16 4,651.23 2,942.10 819.54 973.06 2,765.66 3/2/2019 3,787.97 2,863.98 923.99 2,765.66 9/2/2019 5,718.03 3,787.97 4,806.27 2,863.98 911.76 923.99 2,759.74 3/2/2020 3,652.16 2,776.05 876.11 2,759.74 9/2/2020 5,996.21 3,652.16 4,961.31 2,776.05 1,034.90 876.11 2,787.12 3/2/2021 3,506.76 2,679.09 827.67 2,787.12 9/2/2021 6,274.38 3,506.76 5,147.36 2,679.09 1,127.02 827.67 2,782.36 3/2/2022 3,353.82 2,572.05 781.77 2,782.36 9/2/2022 6,583.46 3,353.82 5,364.42 2,572.05 1,219.04 781.77 2,782.58 3/2/2023 3,189.23 2,455.13 734.10 2,782.58 9/2/2023 6,923.45 3,189.23 5,612.48 2,455.13 1,310.97 734.10 2,779.17 3/2/2024 3,014.41 2,328.59 685.82 9/2/2024 7,263.45 3,014.41 5,860.55 2,328.59 1,402.90 685.82 2,774.54 3/2/2025 2,831.01 2,195.00 636.01 9/2/2025 7,634.34 2,831.01 6,139.62 2,195.00 1,494.72 636.01 2,766.74 3/2/2026 2,634.43 2,051.97 582.46 9/2/2026 8,005.24 2,634.43 6,418.70 2,051.97 1,586.54 582.46 2,751.46 3/2/2027 2,428.29 1,899.23 529.06 2,751.46 9/2/2027 8,437.96 2,428.29 6,728.78 1,899.23 1,709.18 529.06 2,767.30 3/2/2028 2,211.02 1,737.43 473.59 9/2/2028 8,870.68 2,211.02 7,069.87 1,737.43 1,800.81 473.59 2,747.99 3/2/2029 1,982.60 1,565.67 416.93 9/2/2029 9,334.30 1,982.60 7,410.96 1,565.67 1,923.34 416.93 2,757.20 3/2/2030 1,742.24 1,381.90 360.34 9/2/2030 9,797.92 1,742.24 7,752.05 1,381.90 2,045.87 360.34 2,766.55 3/2/2031 1,487.49 1,187.75 299.74 2,766.55 9/2/2031 10,323.37 1,487.49 8,155.15 1,187.75 2,168.22 299.74 2,767.70 3/2/2032 1,219.08 981.47 237.61 2,767.70 9/2/2032 10,848.81 1,219.08 8,558.26 981.47 2,290.55 237.61 2,765.77 3/2/2033 937.02 758.57 178.45 2,765.77 9/2/2033 11,405.15 937.02 9,023.38 758.57 2,381.77 178.45 2,738.67 3/2/2034 640.48 519.04 121.44 2,738.67 9/2/2034 11,992.41 640.48 9,488.51 519.04 2,503.90 121.44 2,746.78 3/2/2035 328.68 267.16 61.52 2,746.78 9/2/2035 12.641.49 328.68 10.015.65 267.16 2.625.84 61.52 2.748.88 Totals $177,568.05 1 $123,729.51 $143,257.85 $94,909.27 $34,310.19 $28,820.24 $63,130.43 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $144,155.21 Parcel Count with Same Reassessment: 2 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $4,447.57 $4,468.34 $0.00 $3,775.11 $4,447.57 $693.23 $5,140.80 3/2/2014 4,377.17 3,220.67 1,156.50 9/2/2014 4,634.18 4,377.17 6,926.94 3,220.67 (2,292.76) 1,156.50 20.24 3/2/2015 4,278.69 3,147.54 1,131.15 9/2/2015 4,820.79 4,278.69 4,337.14 3,147.54 483.65 1,131.15 2,745.95 3/2/2016 4,172.63 3,094.22 1,078.41 9/2/2016 5,038.51 4,172.63 4,430.74 3,094.22 607.77 1,078.41 2,764.59 3/2/2017 4,059.27 3,031.99 1,027.28 9/2/2017 5,256.22 4,059.27 4,524.35 3,031.99 731.87 1,027.28 2,786.43 3/2/2018 3,939.69 2,960.53 979.16 9/2/2018 5,505.03 3,939.69 4,680.36 2,960.53 824.67 979.16 2,782.99 3/2/2019 3,811.70 2,881.92 929.78 9/2/2019 5,753.85 3,811.70 4,836.38 2,881.92 917.47 929.78 2,777.03 3/2/2020 3,675.04 2,793.44 881.60 9/2/2020 6,033.77 3,675.04 4,992.39 2,793.44 1,041.38 881.60 2,804.58 3/2/2021 3,528.72 2,695.87 832.85 9/2/2021 6,313.68 3,528.72 5,179.60 2,695.87 1,134.08 832.85 2,799.78 3/2/2022 3,374.83 2,588.16 786.67 9/2/2022 6,624.70 3,374.83 5,398.02 2,588.16 1,226.68 786.67 2,800.02 3/2/2023 3,209.21 2,470.51 738.70 9/2/2023 6,966.82 3,209.21 5,647.64 2,470.51 1,319.18 738.70 2,796.58 3/2/2024 3,033.30 2,343.18 690.12 9/2/2024 7,308.94 3,033.30 5,897.26 2,343.18 1,411.68 690.12 2,791.92 3/2/2025 2,848.75 2,208.75 640.00 9/2/2025 7,682.17 2,848.75 6,178.08 2,208.75 1,504.09 640.00 2,784.09 3/2/2026 2,650.93 2,064.82 586.11 9/2/2026 8,055.39 2,650.93 6,458.90 2,064.82 1,596.49 586.11 2,768.71 3/2/2027 2,443.50 1,911.13 532.37 9/2/2027 8,490.81 2,443.50 6,770.93 1,911.13 1,719.88 532.37 2,784.62 3/2/2028 2,224.87 1,748.31 476.56 9/2/2028 8,926.24 2,224.87 7,114.15 1,748.31 1,812.09 476.56 2,765.21 3/2/2029 1,995.01 1,575.47 419.54 9/2/2029 9,392.77 1,995.01 7,457.38 1,575.47 1,935.39 419.54 2,774.47 3/2/2030 1,753.15 1,390.56 362.59 9/2/2030 9,859.30 1,753.15 7,800.61 1,390.56 2,058.69 362.59 2,783.87 3/2/2031 1,496.81 1,195.19 301.62 9/2/2031 10,388.03 1,496.81 8,206.24 1,195.19 2,181.79 301.62 2,785.03 3/2/2032 1,226.72 987.62 239.10 9/2/2032 10,916.76 1,226.72 8,611.87 987.62 2,304.89 239.10 2,783.09 3/2/2033 942.88 763.32 179.56 9/2/2033 11,476.60 942.88 9,079.91 763.32 2,396.69 179.56 2,755.81 3/2/2034 644.49 522.29 122.20 9/2/2034 12,067.53 644.49 9,547.94 522.29 2,519.59 122.20 2,763.99 3/2/2035 330.74 268.83 61.91 9/2/2035 12.720.67 330.74 10.078.38 268.83 2.642.29 61.91 2,766.11 Totals $178,680.33 $124,504.54 $144,155.21 $95,503.75 $34,525.12 $29,000.79 $63,525.91 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $147,069.11 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $4,537.47 $4,558.66 $0.00 $3,851.41 $4,537.47 $707.25 $5,244.72 3/2/2014 4,465.65 3,285.77 1,179.88 $5,244.72 9/2/2014 4,727.85 4,465.65 7,066.96 3,285.77 (2,339.11) 1,179.88 20.65 3/2/2015 4,365.18 3,211.16 (2,339.11) 1,154.02 9/2/2015 4,918.24 4,365.18 4,424.81 3,211.16 493.43 1,154.02 2,801.47 3/2/2016 4,256.98 3,156.76 1,100.22 9/2/2016 5,140.35 4,256.98 4,520.31 3,156.76 620.04 1,100.22 2,820.48 3/2/2017 4,141.32 3,093.28 1,048.04 9/2/2017 5,362.47 4,141.32 4,615.81 3,093.28 746.66 1,048.04 2,842.74 3/2/2018 4,019.32 3,020.37 998.95 9/2/2018 5,616.31 4,019.32 4,774.97 3,020.37 841.34 998.95 2,839.24 3/2/2019 3,888.74 2,940.18 948.56 2,839.24 9/2/2019 5,870.15 3,888.74 4,934.14 2,940.18 936.01 948.56 2,833.13 3/2/2020 3,749.33 2,849.91 899.42 9/2/2020 6,155.73 3,749.33 5,093.30 2,849.91 1,062.43 899.42 2,861.27 3/2/2021 3,600.05 2,750.36 849.69 2,861.27 9/2/2021 6,441.31 3,600.05 5,284.30 2,750.36 1,157.01 849.69 2,856.39 3/2/2022 3,443.04 2,640.48 802.56 2,856.39 9/2/2022 6,758.61 3,443.04 5,507.13 2,640.48 1,251.48 802.56 2,856.60 3/2/2023 3,274.08 2,520.45 753.63 2,856.60 9/2/2023 7,107.65 3,274.08 5,761.80 2,520.45 1,345.85 753.63 2,853.11 3/2/2024 3,094.61 2,390.54 704.07 2,853.11 9/2/2024 7,456.68 3,094.61 6,016.46 2,390.54 1,440.22 704.07 2,848.36 3/2/2025 2,906.33 2,253.39 652.94 9/2/2025 7,837.45 2,906.33 6,302.96 2,253.39 1,534.49 652.94 2,840.37 3/2/2026 2,704.52 2,106.56 597.96 9/2/2026 8,218.22 2,704.52 6,589.46 2,106.56 1,628.76 597.96 2,824.68 3/2/2027 2,492.90 1,949.76 543.14 2,824.68 9/2/2027 8,662.44 2,492.90 6,907.79 1,949.76 1,754.65 543.14 2,840.93 3/2/2028 2,269.84 1,783.65 486.19 2,840.93 9/2/2028 9,106.67 2,269.84 7,257.96 1,783.65 1,848.71 486.19 2,821.09 3/2/2029 2,035.34 1,607.32 428.02 2,821.09 9/2/2029 9,582.63 2,035.34 7,608.12 1,607.32 1,974.51 428.02 2,830.55 3/2/2030 1,788.59 1,418.67 369.92 2,830.55 9/2/2030 10,058.59 1,788.59 7,958.29 1,418.67 2,100.30 369.92 2,840.14 3/2/2031 1,527.07 1,219.35 307.72 2,840.14 9/2/2031 10,598.01 1,527.07 8,372.12 1,219.35 2,225.89 307.72 2,841.33 3/2/2032 1,251.52 1,007.58 243.94 2,841.33 9/2/2032 11,137.43 1,251.52 8,785.95 1,007.58 2,351.48 243.94 2,839.36 3/2/2033 961.94 778.75 183.19 2,839.36 9/2/2033 11,708.58 961.94 9,263.44 778.75 2,445.14 183.19 2,811.52 3/2/2034 657.52 532.84 124.68 2,811.52 9/2/2034 12,311.46 657.52 9,740.94 532.84 2,570.52 124.68 2,819.88 3/2/2035 337.42 274.26 63.16 2,819.88 9/2/2035 12.977.80 337.42 10.282.10 274.26 2.695.70 63.16 2.822.02 Totals $182,292.10 $127,021.24 $147,069.11 $97,434.19 $35,222.98 $29,587.05 $64,810.03 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $157,226.17 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $4,850.84 $4,873.50 $0.00 $4,117.41 $4,850.84 $756.09 $5,606.93 3/2/2014 4,774.06 3,512.70 1,261.36 9/2/2014 5,054.38 4,774.06 7,555.02 3,512.70 (2,500.64) 1,261.36 22.08 3/2/2015 4,666.65 3,432.93 1,233.72 9/2/2015 5,257.91 4,666.65 4,730.40 3,432.93 527.51 1,233.72 2,994.95 3/2/2016 4,550.98 3,374.78 1,176.20 9/2/2016 5,495.36 4,550.98 4,832.49 3,374.78 662.87 1,176.20 3,015.27 3/2/2017 4,427.33 3,306.91 1,120.42 9/2/2017 5,732.81 4,427.33 4,934.59 3,306.91 798.22 1,120.42 3,039.06 3/2/2018 4,296.91 3,228.96 1,067.95 9/2/2018 6,004.19 4,296.91 5,104.75 3,228.96 899.44 1,067.95 3,035.34 3/2/2019 4,157.31 3,143.23 1,014.08 9/2/2019 6,275.57 4,157.31 5,274.90 3,143.23 1,000.67 1,014.08 3,028.83 3/2/2020 4,008.27 3,046.73 961.54 9/2/2020 6,580.86 4,008.27 5,445.06 3,046.73 1,135.80 961.54 3,058.88 3/2/2021 3,848.68 2,940.31 908.37 9/2/2021 6,886.16 3,848.68 5,649.25 2,940.31 1,236.91 908.37 3,053.65 3/2/2022 3,680.83 2,822.84 857.99 9/2/2022 7,225.38 3,680.83 5,887.47 2,822.84 1,337.91 857.99 3,053.89 3/2/2023 3,500.20 2,694.52 805.68 9/2/2023 7,598.52 3,500.20 6,159.73 2,694.52 1,438.79 805.68 3,050.15 3/2/2024 3,308.33 2,555.64 752.69 9/2/2024 7,971.67 3,308.33 6,431.98 2,555.64 1,539.69 752.69 3,045.07 3/2/2025 3,107.05 2,409.02 698.03 9/2/2025 8,378.73 3,107.05 6,738.26 2,409.02 1,640.47 698.03 3,036.53 3/2/2026 2,891.30 2,252.05 639.25 9/2/2026 8,785.79 2,891.30 7,044.55 2,252.05 1,741.24 639.25 3,019.74 3/2/2027 2,665.06 2,084.41 580.65 9/2/2027 9,260.70 2,665.06 7,384.87 2,084.41 1,875.83 580.65 3,037.13 3/2/2028 2,426.60 1,906.84 519.76 9/2/2028 9,735.61 2,426.60 7,759.21 1,906.84 1,976.40 519.76 3,015.92 3/2/2029 2,175.91 1,718.33 457.58 9/2/2029 10,244.44 2,175.91 8,133.56 1,718.33 2,110.88 457.58 3,026.04 3/2/2030 1,912.11 1,516.65 395.46 9/2/2030 10,753.27 1,912.11 8,507.91 1,516.65 2,245.36 395.46 3,036.28 3/2/2031 1,632.53 1,303.56 328.97 9/2/2031 11,329.94 1,632.53 8,950.32 1,303.56 2,379.62 328.97 3,037.56 3/2/2032 1,337.95 1,077.17 260.78 9/2/2032 11,906.62 1,337.95 9,392.73 1,077.17 2,513.89 260.78 3,035.45 3/2/2033 1,028.38 832.54 195.84 9/2/2033 12,517.21 1,028.38 9,903.21 832.54 2,614.00 195.84 3,005.68 3/2/2034 702.93 569.64 133.29 9/2/2034 13,161.73 702.93 10,413.68 569.64 2,748.05 133.29 3,014.63 3/2/2035 360.73 293.21 67.52 9/2/2035 13.874.09 360.73 10.992.22 293.21 2.881.87 67.52 3.016.91 Totals $194,881.78 $135,793.70 $157,226.17 $104,163.35 $37,655.62 $31,630.35 $69,285.97 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $157,504.64 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $4,859.43 $4,882.13 $0.00 $4,124.70 $4,859.43 $757.43 $5,616.86 3/2/2014 4,782.51 3,518.92 1,263.59 $5,616.86 9/2/2014 5,063.33 4,782.51 7,568.40 3,518.92 (2,505.07) 1,263.59 22.11 3/2/2015 4,674.92 3,439.01 (2,505.07) 1,235.91 9/2/2015 5,267.22 4,674.92 4,738.78 3,439.01 528.44 1,235.91 3,000.26 3/2/2016 4,559.04 3,380.76 1,178.28 3,000.26 9/2/2016 5,505.09 4,559.04 4,841.05 3,380.76 664.04 1,178.28 3,020.60 3/2/2017 4,435.17 3,312.77 1,122.40 9/2/2017 5,742.97 4,435.17 4,943.33 3,312.77 799.64 1,122.40 3,044.44 3/2/2018 4,304.52 3,234.68 1,069.84 9/2/2018 6,014.83 4,304.52 5,113.79 3,234.68 901.04 1,069.84 3,040.72 3/2/2019 4,164.68 3,148.80 1,015.88 3,040.72 9/2/2019 6,286.68 4,164.68 5,284.25 3,148.80 1,002.43 1,015.88 3,034.19 3/2/2020 4,015.37 3,052.13 963.24 3,034.19 9/2/2020 6,592.52 4,015.37 5,454.71 3,052.13 1,137.81 963.24 3,064.29 3/2/2021 3,855.50 2,945.52 909.98 3,064.29 9/2/2021 6,898.36 3,855.50 5,659.26 2,945.52 1,239.10 909.98 3,059.06 3/2/2022 3,687.35 2,827.84 859.51 3,059.06 9/2/2022 7,238.18 3,687.35 5,897.90 2,827.84 1,340.28 859.51 3,059.30 3/2/2023 3,506.40 2,699.29 807.11 3,059.30 9/2/2023 7,611.98 3,506.40 6,170.64 2,699.29 1,441.34 807.11 3,055.56 3/2/2024 3,314.19 2,560.17 754.02 3,055.56 9/2/2024 7,985.78 3,314.19 6,443.37 2,560.17 1,542.41 754.02 3,050.45 3/2/2025 3,112.55 2,413.29 699.26 9/2/2025 8,393.57 3,112.55 6,750.20 2,413.29 1,643.37 699.26 3,041.89 3/2/2026 2,896.42 2,256.04 640.38 3,041.89 9/2/2026 8,801.35 2,896.42 7,057.03 2,256.04 1,744.32 640.38 3,025.08 3/2/2027 2,669.78 2,088.11 581.67 3,025.08 9/2/2027 9,277.10 2,669.78 7,397.95 2,088.11 1,879.15 581.67 3,042.49 3/2/2028 2,430.90 1,910.22 520.68 3,042.49 9/2/2028 •9,752.85 2,430.90 7,772.96 1,910.22 1,979.89 520.68 3,021.25 3/2/2029 2,179.76 1,721.37 458.39 3,021.25 9/2/2029 10,262.58 2,179.76 8,147.97 1,721.37 2,114.61 458.39 3,031.39 3/2/2030 1,915.50 1,519.33 396.17 3,031.39 9/2/2030 10,772.31 1,915.50 8,522.98 1,519.33 2,249.33 396.17 3,041.67 3/2/2031 1,635.42 1,305.87 329.55 9/2/2031 11,350.01 1,635.42 8,966.17 1,305.87 2,383.84 329.55 3,042.94 3/2/2032 1,340.32 1,079.07 261.25 9/2/2032 11,927.70 1,340.32 9,409.37 1,079.07 2,518.33 261.25 3,040.83 3/2/2033 1,030.20 834.01 196.19 9/2/2033 12,539.38 1,030.20 9,920.75 834.01 2,618.63 196.19 3,011.01 3/2/2034 704.18 570.65 133.53 3,011.01 9/2/2034 13,185.04 704.18 10,432.13 570.65 2,752.91 133.53 3,019.97 3/2/2035 361.37 293.72 67.65 9/2/2035 13.898.66 361.37 11.011.69 293.72 2.886.97 67.65 3.022.27 Totals $195,226.92 $136,034.23 $157,504.64 $104,347.84 $37,722.24 $31,686.39 $69,408.63 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison of the Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $166,369.90 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $5,132.95 $5,156.92 $0.00 $4,356.86 $5,132.95 $800.06 $5,933.01 3/2/2014 5,051.70 3,716.99 1,334.71 9/2/2014 5,348.32 5,051.70 7,994.40 3,716.99 (2,646.08) 1,334.71 23.34 3/2/2015 4,938.05 3,632.58 1,305.47 9/2/2015 5,563.69 4,938.05 5,005.50 3,632.58 558.19 1,305.47 3,169.13 3/2/2016 4,815.65 3,571.04 1,244.61 9/2/2016 5,814.95 4,815.65 5,113.53 3,571.04 701.42 1,244.61 3,190.64 3/2/2017 4,684.81 3,499.23 1,185.58 9/2/2017 6,066.22 4,684.81 5,221.57 3,499.23 844.65 1,185.58 3,215.81 3/2/2018 4,546.80 3,416.75 1,130.05 9/2/2018 6,353.37 4,546.80 5,401.62 3,416.75 951.75 1,130.05 3,211.85 3/2/2019 4,399.09 3,326.03 1,073.06 9/2/2019 6,640.53 4,399.09 5,581.67 3,326.03 1,058.86 1,073.06 3,204.98 3/2/2020 4,241.37 3,223.92 1,017.45 9/2/2020 6,963.58 4,241.37 5,761.73 3,223.92 1,201.85 1,017.45 3,236.75 3/2/2021 4,072.51 3,111.31 961.20 9/2/2021 7,286.64 4,072.51 5,977.79 3,111.31 1,308.85 961.20 3,231.25 3/2/2022 3,894.90 2,987.00 907.90 9/2/2022 7,645.59 3,894.90 6,229.87 2,987.00 1,415.72 907.90 3,231.52 3/2/2023 3,703.76 2,851.22 852.54 9/2/2023 8,040.43 3,703.76 6,517.95 2,851.22 1,522.48 852.54 3,227.56 3/2/2024 3,500.74 2,704.27 796.47 9/2/2024 8,435.27 3,500.74 6,806.04 2,704.27 1,629.23 796.47 3,222.17 3/2/2025 3,287.75 2,549.12 738.63 9/2/2025 8,866.01 3,287.75 7,130.14 2,549.12 1,735.87 738.63 3,213.13 3/2/2026 3,059.45 2,383.02 676.43 9/2/2026 9,296.74 3,059.45 7,454.24 2,383.02 1,842.50 676.43 3,195.36 3/2/2027 2,820.05 2,205.64 614.41 9/2/2027 9,799.27 2,820.05 7,814.34 2,205.64 1,984.93 614.41 3,213.75 3/2/2028 2,567.72 2,017.73 549.99 9/2/2028 10,301.80 2,567.72 8,210.46 2,017.73 2,091.34 549.99 3,191.32 3/2/2029 2,302.45 1,818.26 484.19 9/2/2029 10,840.22 2,302.45 8,606.58 1,818.26 2,233.64 484.19 3,202.02 3/2/2030 2,023.32 1,604.85 418.47 9/2/2030 11,378.64 2,023.32 9,002.70 1,604.85 2,375.94 418.47 3,212.88 3/2/2031 1,727.47 1,379.37 348.10 9/2/2031 11,988.85 1,727.47 9,470.84 1,379.37 2,518.01 348.10 3,214.21 3/2/2032 1,415.76 1,139.81 275.95 9/2/2032 12,599.06 1,415.76 9,938.98 1,139.81 2,660.08 275.95 3,211.98 3/2/2033 1,088.19 880.95 207.24 9/2/2033 13,245.17 1,088.19 10,479.14 880.95 2,766.03 207.24 3,180.51 3/2/2034 743.81 602.77 141.04 9/2/2034 13,927.17 743.81 11,019.30 602.77 2,907.87 141.04 3,189.95 3/2/2035 381.70 310.26 71.44 9/2/2035 14.680.96 381.70 11.631.49 310.26 3.049.47 71.44 3,192.35 Totals $206,215.43 $143,691.02 $166,369.90 $110,221.10 $39,845.55 $33,469.92 $73,315.47 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $171,833.83 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $5,301.53 $5,326.29 $0.00 $4,499.95 $5,301.53 $826.34 $6,127.87 3/2/2014 5,217.61 3,839.06 1,378.55 9/2/2014 5,523.97 5,217.61 8,256.95 3,839.06 (2,732.98) 1,378.55 24.12 3/2/2015 5,100.22 3,751.88 1,348.34 9/2/2015 5,746.41 5,100.22 5,169.89 3,751.88 576.52 1,348.34 3,273.20 3/2/2016 4,973.80 3,688.32 1,285.48 9/2/2016 6,005.93 4,973.80 5,281.47 3,688.32 724.46 1,285.48 3,295.42 3/2/2017 4,838.67 3,614.15 1,224.52 3,295.42 9/2/2017 6,265.44 4,838.67 5,393.05 3,614.15 872.39 1,224.52 3,321.43 3/2/2018 4,696.13 3,528.96 1,167.17 9/2/2018 6,562.03 4,696.13 5,579.02 3,528.96 983.01 1,167.17 3,317.35 3/2/2019 4,543.56 3,435.27 1,108.29 3,317.35 9/2/2019 6,858.62 4,543.56 5,764.99 3,435.27 1,093.63 1,108.29 3,310.21 3/2/2020 4,380.67 3,329.80 1,050.87 3,310.21 9/2/2020 7,192.28 4,380.67 5,950.96 3,329.80 1,241.32 1,050.87 3,343.06 3/2/2021 4,206.26 3,213.49 992.77 3,343.06 9/2/2021 7,525.95 4,206.26 6,174.12 3,213.49 1,351.83 992.77 3,337.37 3/2/2022 4,022.81 3,085.10 937.71 3,337.37 9/2/2022 7,896.68 4,022.81 6,434.47 3,085.10 1,462.21 937.71 3,337.63 3/2/2023 3,825.40 2,944.86 880.54 3,337.63 9/2/2023 8,304.49 3,825.40 6,732.02 2,944.86 1,572.47 880.54 3,333.55 3/2/2024 3,615.71 2,793.08 822.63 3,333.55 9/2/2024 8,712.30 3,615.71 7,029.57 2,793.08 1,682.73 822.63 3,327.99 3/2/2025 3,395.72 2,632.84 762.88 9/2/2025 9,157.19 3,395.72 7,364.31 2,632.84 1,792.88 762.88 3,318.64 3/2/2026 3,159.92 2,461.28 698.64 3,318.64 9/2/2026 9,602.07 3,159.92 7,699.05 2,461.28 1,903.02 698.64 3,300.30 3/2/2027 2,912.67 2,278.07 634.60 3,300.30 9/2/2027 10,121.10 2,912.67 8,070.98 2,278.07 2,050.12 634.60 3,319.32 3/2/2028 2,652.05 2,084.00 568.05 9/2/2028 10,640.13 2,652.05 8,480.11 2,084.00 2,160.02 568.05 3,296.12 3/2/2029 2,378.07 1,877.97 500.10 3,296.12 9/2/2029 11,196.23 2,378.07 8,889.24 1,877.97 2,306.99 500.10 3,307.19 3/2/2030 2,089.77 1,657.55 432.22 3,307.19 9/2/2030 11,752.34 2,089.77 9,298.37 1,657.55 2,453.97 432.22 3,318.41 3/2/2031 1,784.21 1,424.67 359.54 3,318.41 9/2/2031 12,382.59 1,784.21 9,781.88 1,424.67 2,600.71 359.54 3,319.79 3/2/2032 1,462.26 1,177.24 285.02 3,319.79 9/2/2032 13,012.84 1,462.26 10,265.40 1,177.24 2,747.44 285.02 3,317.48 3/2/2033 1,123.92 909.89 214.03 3,317.48 9/2/2033 13,680.17 1,123.92 10,823.30 909.89 2,856.87 214.03 3,284.93 3/2/2034 768.24 622.57 145.67 3,284.93 9/2/2034 14,384.57 768.24 11,381.20 622.57 3,003.37 145.67 3,294.71 3/2/2035 394.24 320.45 73.79 3,294.71 9/2/2035 15.163.11 394.24 12,013.49 320.45 3.149.62 73.79 3.297.20 Totals $212,987.97 $148,410.11 $171,833.83 $113,840.95 $41,154.13 $34,569.16 $75,723.29 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $184,492.01 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $5,692.07 $5,718.65 $0.00 $4,831.44 $5,692.07 $887.21 $6,579.28 3/2/2014 5,601.96 4,121.87 1,480.09 9/2/2014 5,930.89 5,601.96 8,865.20 4,121.87 (2,934.31) 1,480.09 25.87 3/2/2015 5,475.93 4,028.27 1,447.66 9/2/2015 6,169.72 5,475.93 5,550.73 4,028.27 618.99 1,447.66 3,514.31 3/2/2016 5,340.20 3,960.02 1,380.18 9/2/2016 6,448.36 5,340.20 5,670.53 3,960.02 777.83 1,380.18 3,538.19 3/2/2017 5,195.11 3,880.39 1,314.72 9/2/2017 6,726.99 5,195.11 5,790.33 3,880.39 936.66 1,314.72 3,566.10 3/2/2018 5,042.07 3,788.92 1,253.15 9/2/2018 7,045.43 5,042.07 5,990.00 3,788.92 1,055.43 1,253.15 3,561.73 3/2/2019 4,878.27 3,688.33 1,189.94 9/2/2019 7,363.86 4,878.27 6,189.67 3,688.33 1,174.19 1,189.94 3,554.07 3/2/2020 4,703.37 3,575.09 1,128.28 9/2/2020 7,722.10 4,703.37 6,389.33 3,575.09 1,332.77 1,128.28 3,589.33 3/2/2021 4,516.11 3,450.21 1,065.90 9/2/2021 8,080.35 4,516.11 6,628.93 3,450.21 1,451.42 1,065.90 3,583.22 3/2/2022 4,319.15 3,312.37 1,006.78 9/2/2022 8,478.39 4,319.15 6,908.47 3,312.37 1,569.92 1,006.78 3,583.48 3/2/2023 4,107.19 3,161.80 945.39 9/2/2023 8,916.24 4,107.19 7,227.93 3,161.80 1,688.31 945.39 3,579.09 3/2/2024 3,882.06 2,998.83 883.23 9/2/2024 9,354.10 3,882.06 7,547.40 2,998.83 1,806.70 883.23 3,573.16 3/2/2025 3,645.87 2,826.79 819.08 9/2/2025 9,831.75 3,645.87 7,906.80 2,826.79 1,924.95 819.08 3,563.11 3/2/2026 3,392.70 2,642.59 750.11 9/2/2026 10,309.41 3,392.70 8,266.20 2,642.59 2,043.21 750.11 3,543.43 3/2/2027 3,127.23 2,445.89 681.34 9/2/2027 10,866.67 3,127.23 8,665.53 2,445.89 2,201.14 681.34 3,563.82 3/2/2028 2,847.42 2,237.52 609.90 9/2/2028 11,423.94 2,847.42 9,104.80 2,237.52 2,319.14 609.90 3,538.94 3/2/2029 2,553.25 2,016.31 536.94 9/2/2029 12,021.01 2,553.25 9,544.07 2,016.31 2,476.94 536.94 3,550.82 3/2/2030 2,243.71 1,779.66 464.05 9/2/2030 12,618.08 2,243.71 9,983.33 1,779.66 2,634.75 464.05 3,562.85 3/2/2031 1,915.64 1,529.62 386.02 9/2/2031 13,294.76 1,915.64 10,502.47 1,529.62 2,792.29 386.02 3,564.33 3/2/2032 1,569.98 1,263.97 306.01 9/2/2032 13,971.44 1,569.98 11,021.60 1,263.97 2,949.84 306.01 3,561.86 3/2/2033 1,206.72 976.91 229.81 9/2/2033 14,687.92 1,206.72 11,620.60 976.91 3,067.32 229.81 3,526.94 3/2/2034 824.83 668.43 156.40 9/2/2034 15,444.21 824.83 12,219.60 668.43 3,224.61 156.40 3,537.41 3/2/2035 423.28 344.05 79.23 9/2/2035 16.280.11 423.28 12.898.47 344.05 3.381.64 79.23 3.540.10 Totals $228,677.80 $159,342.75 $184,492.01 $122,227.12 $44,185.81 $37,115.63 $81,301.44 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $185,506.34 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $5,723.36 $5,750.09 $0.00 $4,858.00 $5,723.36 $892.09 $6,615.45 3/2/2014 5,632.76 4,144.53 1,488.23 9/2/2014 5,963.50 5,632.76 8,913.94 4,144.53 (2,950.44) 1,488.23 26.02 3/2/2015 5,506.04 4,050.41 (2,950.44) 1,455.63 9/2/2015 6,203.64 5,506.04 5,581.25 4,050.41 622.39 1,455.63 3,533.65 3/2/2016 5,369.56 3,981.80 1,387.76 9/2/2016 6,483.81 5,369.56 5,701.71 3,981.80 782.10 1,387.76 3,557.62 3/2/2017 5,223.67 3,901.72 1,321.95 3,557.62 9/2/2017 6,763.97 5,223.67 5,822.17 3,901.72 941.80 1,321.95 3,585.70 3/2/2018 5,069.79 3,809.76 1,260.03 9/2/2018 7,084.16 5,069.79 6,022.93 3,809.76 1,061.23 1,260.03 3,581.29 3/2/2019 4,905.09 3,708.61 1,196.48 9/2/2019 7,404.35 4,905.09 6,223.70 3,708.61 1,180.65 1,196.48 3,573.61 3/2/2020 4,729.23 3,594.75 1,134.48 3,573.61 9/2/2020 7,764.56 4,729.23 6,424.46 3,594.75 1,340.10 1,134.48 3,609.06 3/2/2021 4,540.94 3,469.18 1,071.76 9/2/2021 8,124.77 4,540.94 6,665.38 3,469.18 1,459.39 1,071.76 3,602.91 3/2/2022 4,342.90 3,330.58 1,012.32 3,602.91 9/2/2022 8,525.01 4,342.90 6,946.45 3,330.58 1,578.56 1,012.32 3,603.20 3/2/2023 4,129.78 3,179.18 950.60 3,603.20 9/2/2023 8,965.27 4,129.78 7,267.67 3,179.18 1,697.60 950.60 3,598.80 3/2/2024 3,903.40 3,015.32 888.08 3,598.80 9/2/2024 9,405.52 3,903.40 7,588.90 3,015.32 1,816.62 888.08 3,592.78 3/2/2025 3,665.91 2,842.33 823.58 3,592.78 9/2/2025 9,885.81 3,665.91 7,950.27 2,842.33 1,935.54 823.58 3,582.70 3/2/2026 3,411.35 2,657.12 754.23 3,582.70 9/2/2026 10,366.09 3,411.35 8,311.65 2,657.12 2,054.44 754.23 3,562.90 3/2/2027 3,144.43 2,459.34 685.09 3,562.90 9/2/2027 10,926.42 3,144.43 8,713.18 2,459.34 2,213.24 685.09 3,583.42 3/2/2028 2,863.07 2,249.82 613.25 9/2/2028 11,486.75 2,863.07 9,154.86 2,249.82 2,331.89 613.25 3,558.39 3/2/2029 2,567.29 2,027.40 539.89 3,558.39 9/2/2029 12,087.10 2,567.29 9,596.54 2,027.40 2,490.56 539.89 3,570.34 3/2/2030 2,256.05 1,789.44 466.61 3,570.34 9/2/2030 12,687.45 2,256.05 10,038.22 1,789.44 2,649.23 466.61 3,582.45 3/2/2031 1,926.17 1,538.03 388.14 3,582.45 9/2/2031 13,367.85 1,926.17 10,560.21 1,538.03 2,807.64 388.14 3,583.92 3/2/2032 1,578.61 1,270.92 307.69 9/2/2032 14,048.25 1,578.61 11,082.20 1,270.92 2,966.05 307.69 3,581.43 3/2/2033 1,213.35 982.28 231.07 9/2/2033 14,768.67 1,213.35 11,684.49 982.28 3,084.18 231.07 3,546.32 3/2/2034 829.37 672.11 157.26 9/2/2034 15,529.12 829.37 12,286.78 672.11 3,242.34 157.26 3,556.86 3/2/2035 425.61 345.94 79.67 9/2/2035 16,369.61 425.61 12.969.38 345.94 3.400.23 79.67 3.559.57 Totals $229,935.04 $160,218.83 $185,506.34 $122,899.14 $44,428.70 $37,319.69 $81,748.39 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $187,031.29 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $5,770.41 $5,797.36 $0.00 $4,897.94 $5,770.41 $899.42 $6,669.83 3/2/2014 5,679.07 4,178.60 1,500.47 9/2/2014 6,012.53 5,679.07 8,987.22 4,178.60 (2,974.69) 1,500.47 26.25 3/2/2015 5,551.30 4,083.71 1,467.59 9/2/2015 6,254.64 5,551.30 5,627.13 4,083.71 627.51 1,467.59 3,562.69 3/2/2016 5,413.70 4,014.53 1,399.17 9/2/2016 6,537.11 5,413.70 5,748.58 4,014.53 788.53 1,399.17 3,586.87 3/2/2017 5,266.61 3,933.79 1,332.82 9/2/2017 6,819.58 5,266.61 5,870.03 3,933.79 949.55 1,332.82 3,615.19 3/2/2018 5,111.47 3,841.07 1,270.40 9/2/2018 7,142.40 5,111.47 6,072.44 3,841.07 1,069.96 1,270.40 3,610.76 3/2/2019 4,945.41 3,739.09 1,206.32 9/2/2019 7,465.22 4,945.41 6,274.86 3,739.09 1,190.36 1,206.32 3,603.00 3/2/2020 4,768.11 3,624.30 1,143.81 9/2/2020 7,828.39 4,768.11 6,477.27 3,624.30 1,351.12 1,143.81 3,638.74 3/2/2021 4,578.27 3,497.70 1,080.57 9/2/2021 8,191.56 4,578.27 6,720.17 3,497.70 1,471.39 1,080.57 3,632.53 3/2/2022 4,378.60 3,357.96 1,020.64 9/2/2022 8,595.09 4,378.60 7,003.55 3,357.96 1,591.54 1,020.64 3,632.82 3/2/2023 4,163.72 3,205.32 958.40 9/2/2023 9,038.96 4,163.72 7,327.42 3,205.32 1,711.54 958.40 3,628.34 3/2/2024 3,935.49 3,040.11 895.38 9/2/2024 9,482.84 3,935.49 7,651.28 3,040.11 1,831.56 895.38 3,622.32 3/2/2025 3,696.05 2,865.69 830.36 9/2/2025 9,967.07 3,696.05 8,015.63 2,865.69 1,951.44 830.36 3,612.16 3/2/2026 3,439.40 2,678.96 760.44 9/2/2026 10,451.30 3,439.40 8,379.97 2,678.96 2,071.33 760.44 3,592.21 3/2/2027 3,170.28 2,479.55 690.73 9/2/2027 11,016.24 3,170.28 8,784.80 2,479.55 2,231.44 690.73 3,612.90 3/2/2028 2,886.61 2,268.31 618.30 9/2/2028 11,581.17 2,886.61 9,230.12 2,268.31 2,351.05 618.30 3,587.65 3/2/2029 2,588.39 2,044.07 544.32 9/2/2029 12,186.46 2,588.39 9,675.43 2,044.07 2,511.03 544.32 3,599.67 3/2/2030 2,274.59 1,804.15 470.44 9/2/2030 12,791.75 2,274.59 10,120.74 1,804.15 2,671.01 470.44 3,611.89 3/2/2031 1,942.01 1,550.67 391.34 9/2/2031 13,477.74 1,942.01 10,647.02 1,550.67 2,830.72 391.34 3,613.40 3/2/2032 1,591.58 1,281.36 310.22 9/2/2032 14,163.73 1,591.58 11,173.30 1,281.36 2,990.43 310.22 3,610.87 3/2/2033 1,223.33 990.36 232.97 9/2/2033 14,890.08 1,223.33 11,780.54 990.36 3,109.54 232.97 3,575.48 3/2/2034 836.18 677.63 158.55 9/2/2034 15,656.78 836.18 12,387.79 677.63 3,268.99 158.55 3,586.09 3/2/2035 429.11 348.79 80.32 9/2/2035 16.504.18 429.11 13.076.00 348.79 3.428.18 80.32 3.588.82 Totals $231,825.23 $161,535.92 $187,031.29 $123,909.38 $44,793.94 $37,626.54 $82,420.48 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $229,323.18 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $7,075.23 $7,108.27 $0.00 $6,005.47 $7,075.23 $1,102.80 $8,178.03 3/2/2014 6,963.23 5,123.47 1,839.76 $8,178.03 9/2/2014 7,372.09 6,963.23 11,019.43 5,123.47 (3,647.34) 1,839.76 32.18 3/2/2015 6,806.57 5,007.13 (3,647.34) 1,799.44 9/2/2015 7,668.95 6,806.57 6,899.55 5,007.13 769.40 1,799.44 4,368.28 3/2/2016 6,637.86 4,922.30 1,715.56 9/2/2016 8,015.29 6,637.86 7,048.46 4,922.30 966.83 1,715.56 4,397.95 3/2/2017 6,457.51 4,823.31 1,634.20 4,397.95 9/2/2017 8,361.63 6,457.51 7,197.37 4,823.31 1,164.26 1,634.20 4,432.66 3/2/2018 6,267.28 4,709.63 1,557.65 4,432.66 9/2/2018 8,757.45 6,267.28 7,445.56 4,709.63 1,311.89 1,557.65 4,427.19 3/2/2019 6,063.67 4,584.58 1,479.09 9/2/2019 9,153.27 6,063.67 7,693.74 4,584.58 1,459.53 1,479.09 4,417.71 3/2/2020 5,846.28 4,443.83 1,402.45 4,417.71 9/2/2020 9,598.56 5,846.28 7,941.93 4,443.83 1,656.63 1,402.45 4,461.53 3/2/2021 5,613.52 4,288.61 1,324.91 4,461.53 9/2/2021 10,043.85 5,613.52 8,239.75 4,288.61 1,804.10 1,324.91 4,453.92 3/2/2022 5,368.70 4,117.27 1,251.43 4,453.92 9/2/2022 10,538.62 5,368.70 8,587.21 4,117.27 1,951.41 1,251.43 4,454.27 3/2/2023 5,105.23 3,930.11 1,175.12 9/2/2023 11,082.87 5,105.23 8,984.31 3,930.11 2,098.56 1,175.12 4,448.80 3/2/2024 4,825.39 3,727.54 1,097.85 4,448.80 9/2/2024 11,627.12 4,825.39 9,381.40 3,727.54 2,245.72 1,097.85 4,441.42 3/2/2025 4,531.81 3,513.69 1,018.12 4,441.42 9/2/2025 12,220.85 4,531.81 9,828.14 3,513.69 2,392.71 1,018.12 4,428.95 3/2/2026 4,217.12 3,284.74 932.38 4,428.95 9/2/2026 12,814.57 4,217.12 10,274.87 3,284.74 2,539.70 932.38 4,404.46 3/2/2027 3,887.14 3,040.23 846.91 4,404.46 9/2/2027 13,507.25 3,887.14 10,771.24 3,040.23 2,736.01 846.91 4,429.83 3/2/2028 3,539.33 2,781.23 758.10 4,429.83 9/2/2028 14,199.93 3,539.33 11,317.25 2,781.23 2,882.68 758.10 4,398.88 3/2/2029 3,173.68 2,506.27 667.41 4,398.88 9/2/2029 14,942.09 3,173.68 11,863.26 2,506.27 3,078.83 667.41 4,413.65 3/2/2030 2,788.93 2,212.11 576.82 9/2/2030 15,684.24 2,788.93 12,409.26 2,212.11 3,274.98 576.82 4,428.62 3/2/2031 2,381.14 1,901.31 479.83 4,428.62 9/2/2031 16,525.36 2,381.14 13,054.54 1,901.31 3,470.82 479.83 4,430.48 3/2/2032 1,951.48 1,571.11 380.37 4,430.48 9/2/2032 17,366.47 1,951.48 13,699.83 1,571.11 3,666.64 380.37 4,427.38 3/2/2033 1,499.95 1,214.30 285.65 4,427.38 9/2/2033 18,257.05 1,499.95 14,444.38 1,214.30 3,812.67 285.65 4,383.97 3/2/2034 1,025.26 830.86 194.40 4,383.97 9/2/2034 19,197.12 1,025.26 15,188.94 830.86 4,008.18 194.40 4,396.98 3/2/2035 526.14 427.66 98.48 4,396.98 9/2/2035 20.236.14 526.14 16.032.77 427.66 4.203.37 98.48 4.400.33 Totals $284,246.00 $198,062.71 $229,323.18 $151,928.05 $54,922.81 $46,134.66 $101,057.47 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4,2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $234,078.86 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $7,221.95 $7,255.68 $0.00 $6,130.01 $7,221.95 $1,125.67 $8,347.62 3/2/2014 7,107.63 5,229.72 1,877.91 9/2/2014 7,524.97 7,107.63 11,247.95 5,229.72 (3,722.98) 1,877.91 32.84 3/2/2015 6,947.73 5,110.96 1,836.77 9/2/2015 7,827.99 6,947.73 7,042.63 5,110.96 785.36 1,836.77 4,458.90 3/2/2016 6,775.51 5,024.38 1,751.13 9/2/2016 8,181.51 6,775.51 7,194.63 5,024.38 986.88 1,751.13 4,489.14 3/2/2017 6,591.43 4,923.34 1,668.09 9/2/2017 8,535.03 6,591.43 7,346.63 4,923.34 1,188.40 1,668.09 4,524.58 3/2/2018 6,397.25 4,807.29 1,589.96 9/2/2018 8,939.06 6,397.25 7,599.96 4,807.29 1,339.10 1,589.96 4,519.02 3/2/2019 6,189.42 4,679.66 1,509.76 9/2/2019 9,343.08 6,189.42 7,853.30 4,679.66 1,489.78 1,509.76 4,509.30 3/2/2020 5,967.52 4,535.98 1,431.54 9/2/2020 9,797.61 5,967.52 8,106.63 4,535.98 1,690.98 1,431.54 4,554.06 3/2/2021 5,729.93 4,377.55 1,352.38 9/2/2021 10,252.14 5,729.93 8,410.63 4,377.55 1,841.51 1,352.38 4,546.27 3/2/2022 5,480.03 4,202.65 1,277.38 9/2/2022 10,757.17 5,480.03 8,765.29 4,202.65 1,991.88 1,277.38 4,546.64 3/2/2023 5,211.11 4,011.61 1,199.50 9/2/2023 11,312.71 5,211.11 9,170.62 4,011.61 2,142.09 1,199.50 4,541.09 3/2/2024 4,925.46 3,804.84 1,120.62 9/2/2024 11,868.24 4,925.46 9,575.95 3,804.84 2,292.29 1,120.62 4,533.53 3/2/2025 4,625.79 3,586.55 1,039.24 9/2/2025 12,474.28 4,625.79 10,031.95 3,586.55 2,442.33 1,039.24 4,520.81 3/2/2026 4,304.57 3,352.85 951.72 9/2/2026 13,080.32 4,304.57 10,487.95 3,352.85 2,592.37 951.72 4,495.81 3/2/2027 3,967.76 3,103.28 864.48 9/2/2027 13,787.36 3,967.76 10,994.61 3,103.28 2,792.75 864.48 4,521.71 3/2/2028 3,612.73 2,838.91 773.82 9/2/2028 14,494.41 3,612.73 11,551.94 2,838.91 2,942.47 773.82 4,490.11 3/2/2029 3,239.50 2,558.25 681.25 9/2/2029 15,251.95 3,239.50 12,109.27 2,558.25 3,142.68 681.25 4,505.18 3/2/2030 2,846.76 2,257.99 588.77 9/2/2030 16,009.50 2,846.76 12,666.60 2,257.99 3,342.90 588.77 4,520.44 3/2/2031 2,430.52 1,940.74 489.78 9/2/2031 16,868.06 2,430.52 13,325.27 1,940.74 3,542.79 489.78 4,522.35 3/2/2032 1,991.95 1,603.69 388.26 9/2/2032 17,726.61 1,991.95 13,983.93 1,603.69 3,742.68 388.26 4,519.20 3/2/2033 1,531.05 1,239.48 291.57 9/2/2033 18,635.67 1,531.05 14,743.93 1,239.48 3,891.74 291.57 4,474.88 3/2/2034 1,046.53 848.09 198.44 9/2/2034 19,595.23 1,046.53 15,503.92 848.09 4,091.31 198.44 4,488.19 3/2/2035 537.05 436.52 100.53 9/2/2035 20.655.79 537.05 16.365.25 436.52 4.290.54 100.53 4.491.60 Totals $290,140.64 $202,170.14 $234,078.86 $155,078.67 $56,061.80 $47,091.47 $103,153.27 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $256,681.50 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $7,919.30 $7,956.29 $0.00 $6,721.92 $7,919.30 $1,234.37 $9,153.67 3/2/2014 7,793.94 5,734.70 2,059.24 9/2/2014 8,251.58 7,793.94 12,334.05 5,734.70 (4,082.47) 2,059.24 36.01 3/2/2015 7,618.60 5,604.48 (4,082.47) 2,014.12 9/2/2015 8,583.86 7,618.60 7,722.67 5,604.48 861.19 2,014.12 4,889.43 3/2/2016 7,429.75 5,509.53 1,920.22 9/2/2016 8,971.52 7,429.75 7,889.34 5,509.53 1,082.18 1,920.22 4,922.62 3/2/2017 7,227.89 5,398.74 1,829.15 9/2/2017 9,359.18 7,227.89 8,056.02 5,398.74 1,303.16 1,829.15 4,961.46 3/2/2018 7,014.97 5,271.49 1,743.48 4,961.46 9/2/2018 9,802.21 7,014.97 8,333.81 5,271.49 1,468.40 1,743.48 4,955.36 3/2/2019 6,787.07 5,131.53 1,655.54 4,955.36 9/2/2019 10,245.25 6,787.07 8,611.61 5,131.53 1,633.64 1,655.54 4,944.72 3/2/2020 6,543.75 4,973.98 1,569.77 4,944.72 9/2/2020 10,743.67 6,543.75 8,889.40 4,973.98 1,854.27 1,569.77 4,993.81 3/2/2021 6,283.21 4,800.24 1,482.97 9/2/2021 11,242.09 6,283.21 9,222.76 4,800.24 2,019.33 1,482.97 4,985.27 3/2/2022 6,009.19 4,608.46 1,400.73 9/2/2022 11,795.89 6,009.19 9,611.67 4,608.46 2,184.22 1,400.73 4,985.68 3/2/2023 5,714.29 4,398.97 1,315.32 9/2/2023 12,405.06 5,714.29 10,056.14 4,398.97 2,348.92 1,315.32 4,979.56 3/2/2024 5,401.06 4,172.24 1,228.82 9/2/2024 13,014.24 5,401.06 10,500.61 4,172.24 2,513.63 1,228.82 4,971.27 3/2/2025 5,072.45 3,932.87 1,139.58 9/2/2025 13,678.80 5,072.45 11,000.64 3,932.87 2,678.16 1,139.58 4,957.32 3/2/2026 4,720.22 3,676.61 1,043.61 4,957.32 9/2/2026 14,343.35 4,720.22 11,500.66 3,676.61 2,842.69 1,043.61 4,929.91 3/2/2027 4,350.88 3,402.94 947.94 4,929.91 9/2/2027 15,118.67 4,350.88 12,056.25 3,402.94 3,062.42 947.94 4,958.30 3/2/2028 3,961.58 3,113.03 848.55 4,958.30 9/2/2028 15,893.99 3,961.58 12,667.40 3,113.03 3,226.59 848.55 4,923.69 3/2/2029 3,552.31 2,805.27 747.04 9/2/2029 16,724.68 3,552.31 13,278.55 2,805.27 3,446.13 747.04 4,940.21 3/2/2030 3,121.65 2,476.02 645.63 4,940.21 9/2/2030 17,555.38 3,121.65 13,889.69 2,476.02 3,665.69 645.63 4,956.95 3/2/2031 2,665.21 2,128.14 537.07 4,956.95 9/2/2031 18,496.83 2,665.21 14,611.96 2,128.14 3,884.87 537.07 4,959.01 3/2/2032 2,184.29 1,758.54 425.75 9/2/2032 19,438.29 2,184.29 15,334.22 1,758.54 4,104.07 425.75 4,955.57 3/2/2033 1,678.89 1,359.17 319.72 4,955.57 9/2/2033 20,435.13 1,678.89 16,167.60 1,359.17 4,267.53 319.72 4,906.97 3/2/2034 1,147.58 929.98 217.60 4,906.97 9/2/2034 21,487.34 1,147.58 17,000.98 929.98 4,486.36 217.60 4,921.56 3/2/2035 588.91 478.68 110.23 9/2/2035 22.650.32 588.91 17.945.48 478.68 4.704.84 110.23 4.925.30 Totals $318,156.63 $221,691.67 $256,681.50 $170,053.14 $61,475.12 $51,638.53 $113,113.65 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $276,891.44 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $8,542.83 $8,582.73 $0.00 $7,251.17 $8,542.83 $1,331.56 $9,874.39 3/2/2014 8,407.60 6,186.23 2,221.37 9/2/2014 8,901.27 8,407.60 13,305.17 6,186.23 (4,403.90) 2,221.37 38.84 3/2/2015 8,218.45 6,045.75 2,172.70 9/2/2015 9,259.71 8,218.45 8,330.72 6,045.75 928.99 2,172.70 5,274.39 3/2/2016 8,014.74 5,943.33 2,071.41 9/2/2016 9,677.90 8,014.74 8,510.52 5,943.33 1,167.38 2,071.41 5,310.20 3/2/2017 7,796.99 5,823.81 1,973.18 9/2/2017 10,096.08 7,796.99 8,690.32 5,823.81 1,405.76 1,973.18 5,352.12 3/2/2018 7,567.30 5,686.54 1,880.76 9/2/2018 10,574.00 7,567.30 8,989.98 5,686.54 1,584.02 1,880.76 5,345.54 3/2/2019 7,321.45 5,535.56 1,785.89 9/2/2019 11,051.92 7,321.45 9,289.65 5,535.56 1,762.27 1,785.89 5,334.05 3/2/2020 7,058.97 5,365.61 1,693.36 9/2/2020 11,589.58 7,058.97 9,589.31 5,365.61 2,000.27 1,693.36 5,386.99 3/2/2021 6,777.92 5,178.19 1,599.73 9/2/2021 12,127.24 6,777.92 9,948.91 5,178.19 2,178.33 1,599.73 5,377.79 3/2/2022 6,482.32 4,971.31 1,511.01 9/2/2022 12,724.64 6,482.32 10,368.45 4,971.31 2,356.19 1,511.01 5,378.21 3/2/2023 6,164.21 4,745.33 1,418.88 9/2/2023 13,381.78 6,164.21 10,847.91 4,745.33 2,533.87 1,418.88 5,371.63 3/2/2024 5,826.32 4,500.74 1,325.58 9/2/2024 14,038.92 5,826.32 11,327.38 4,500.74 2,711.54 1,325.58 5,362.70 3/2/2025 5,471.83 4,242.53 1,229.30 9/2/2025 14,755.80 5,471.83 11,866.78 4,242.53 2,889.02 1,229.30 5,347.62 3/2/2026 5,091.87 3,966.09 1,125.78 9/2/2026 15,472.68 5,091.87 12,406.17 3,966.09 3,066.51 1,125.78 5,318.07 3/2/2027 4,693.45 3,670.87 1,022.58 9/2/2027 16,309.05 4,693.45 13,005.51 3,670.87 3,303.54 1,022.58 5,348.70 3/2/2028 4,273.49 3,358.14 915.35 9/2/2028 17,145.41 4,273.49 13,664.77 3,358.14 3,480.64 915.35 5,311.34 3/2/2029 3,832.00 3,026.15 805.85 9/2/2029 18,041.51 3,832.00 14,324.04 3,026.15 3,717.47 805.85 5,329.17 3/2/2030 3,367.43 2,670.97 696.46 9/2/2030 18,937.61 3,367.43 14,983.30 2,670.97 3,954.31 696.46 5,347.23 3/2/2031 2,875.05 2,295.70 579.35 9/2/2031 19,953.19 2,875.05 15,762.43 2,295.70 4,190.76 579.35 5,349.46 3/2/2032 2,356.27 1,897.00 459.27 9/2/2032 20,968.77 2,356.27 16,541.57 1,897.00 4,427.20 459.27 5,345.74 3/2/2033 1,811.08 1,466.18 344.90 9/2/2033 22,044.09 1,811.08 17,440.56 1,466.18 4,603.53 344.90 5,293.33 3/2/2034 1,237.93 1,003.20 234.73 9/2/2034 23,179.16 1,237.93 18,339.56 1,003.20 4,839.60 234.73 5,309.06 3/2/2035 635.28 516.36 118.92 9/2/2035 24.433.70 635.28 19.358.43 516.36 5.075.27 118.92 5.313.11 Totals $343,206.84 $239,146.63 $276,891.44 $183,442.35 $66,315.40 $55,704.28 $122,019.68 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison of the Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $318,573.44 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $9,828.83 $9,874.74 $0.00 $8,342.73 $9,828.83 $1,532.01 $11,360.84 3/2/2014 9,673.25 7,117.47 2,555.78 $11,360.84 9/2/2014 10,241.23 9,673.25 15,308.07 7,117.47 (5,066.84) 2,555.78 44.72 3/2/2015 9,455.62 6,955.85 (5,066.84) 2,499.77 9/2/2015 10,653.63 9,455.62 9,584.79 6,955.85 1,068.84 2,499.77 6,068.38 3/2/2016 9,221.24 6,838.01 2,383.23 6,068.38 9/2/2016 11,134.76 9,221.24 9,791.65 6,838.01 1,343.11 2,383.23 6,109.57 3/2/2017 8,970.71 6,700.50 2,270.21 6,109.57 9/2/2017 11,615.89 8,970.71 9,998.52 6,700.50 1,617.37 2,270.21 6,157.79 3/2/2018 8,706.45 6,542.56 2,163.89 9/2/2018 12,165.76 8,706.45 10,343.29 6,542.56 1,822.47 2,163.89 6,150.25 3/2/2019 8,423.59 6,368.86 2,054.73 9/2/2019 12,715.62 8,423.59 10,688.07 6,368.86 2,027.55 2,054.73 6,137.01 3/2/2020 8,121.60 6,173.32 1,948.28 6,137.01 9/2/2020 13,334.22 8,121.60 11,032.85 6,173.32 2,301.37 1,948.28 6,197.93 3/2/2021 7,798.24 5,957.69 1,840.55 6,197.93 9/2/2021 13,952.82 7,798.24 11,446.58 5,957.69 2,506.24 1,840.55 6,187.34 3/2/2022 7,458.14 5,719.66 1,738.48 6,187.34 9/2/2022 14,640.15 7,458.14 11,929.27 5,719.66 2,710.88 1,738.48 6,187.84 3/2/2023 7,092.14 5,459.67 1,632.47 6,187.84 9/2/2023 15,396.21 7,092.14 12,480.91 5,459.67 2,915.30 1,632.47 6,180.24 3/2/2024 6,703.38 5,178.26 1,525.12 6,180.24 9/2/2024 16,152.28 6,703.38 13,032.55 5,178.26 3,119.73 1,525.12 6,169.97 3/2/2025 6,295.54 4,881.18 1,414.36 6,169.97 9/2/2025 16,977.08 6,295.54 13,653.15 4,881.18 3,323.93 1,414.36 6,152.65 3/2/2026 5,858.38 4,563.12 1,295.26 6,152.65 9/2/2026 17,801.87 5,858.38 14,273.75 4,563.12 3,528.12 1,295.26 6,118.64 3/2/2027 5,399.98 4,223.46 1,176.52 6,118.64 9/2/2027 18,764.14 5,399.98 14,963.30 4,223.46 3,800.84 1,176.52 6,153.88 3/2/2028 4,916.81 3,863.66 1,053.15 9/2/2028 19,726.40 4,916.81 15,721.81 3,863.66 4,004.59 1,053.15 6,110.89 3/2/2029 4,408.85 3,481.69 927.16 9/2/2029 20,757.40 4,408.85 16,480.31 3,481.69 4,277.09 927.16 6,131.41 3/2/2030 3,874.35 3,073.04 801.31 9/2/2030 21,788.39 3,874.35 17,238.82 3,073.04 4,549.57 801.31 6,152.19 3/2/2031 3,307.85 2,641.29 666.56 6,152.19 9/2/2031 22,956.86 3,307.85 18,135.24 2,641.29 4,821.62 666.56 6,154.74 3/2/2032 2,710.97 2,182.57 528.40 6,154.74 9/2/2032 24,125.32 2,710.97 19,031.66 2,182.57 5,093.66 528.40 6,150.46 3/2/2033 2,083.71 1,686.90 396.81 6,150.46 9/2/2033 25,362.51 2,083.71 20,065.99 1,686.90 5,296.52 396.81 6,090.14 3/2/2034 1,424.29 1,154.22 270.07 6,090.14 9/2/2034 26,668.44 1,424.29 21,100.32 1,154.22 5,568.12 270.07 6,108.26 3/2/2035 730.91 594.10 136.81 6,108.26 9/2/2035 28.111.84 730.91 22.272.56 594.10 5.839.28 136.81 6.112.90 Totals $394,871.65 $275,146.74 $318,573.44 $211,056.89 $76,298.19 $64,089.85 $140,388.04 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $338,967.15 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $10,458.03 $10,506.88 $0.00 $8,876.80 $10,458.03 $1,630.08 $12,088.11 3/2/2014 10,292.49 7,573.10 2,719.39 9/2/2014 10,896.83 10,292.49 16,288.03 7,573.10 (5,391.20) 2,719.39 47.58 3/2/2015 10,060.93 7,401.13 2,659.80 9/2/2015 11,335.63 10,060.93 10,198.36 7,401.13 1,137.27 2,659.80 6,456.87 3/2/2016 9,811.55 7,275.75 2,535.80 9/2/2016 11,847.56 9,811.55 10,418.47 7,275.75 1,429.09 2,535.80 6,500.69 3/2/2017 9,544.98 7,129.43 2,415.55 9/2/2017 12,359.49 9,544.98 10,638.58 7,129.43 1,720.91 2,415.55 6,552.01 3/2/2018 9,263.80 6,961.39 2,302.41 9/2/2018 12,944.56 9,263.80 11,005.43 6,961.39 1,939.13 2,302.41 6,543.95 3/2/2019 8,962.84 6,776.56 2,186.28 9/2/2019 13,529.62 8,962.84 11,372.27 6,776.56 2,157.35 2,186.28 6,529.91 3/2/2020 8,641.51 6,568.51 2,073.00 9/2/2020 14,187.82 8,641.51 11,739.12 6,568.51 2,448.70 2,073.00 6,594.70 3/2/2021 8,297.45 6,339.08 1,958.37 9/2/2021 14,846.02 8,297.45 12,179.34 6,339.08 2,666.68 1,958.37 6,583.42 3/2/2022 7,935.58 6,085.81 1,849.77 9/2/2022 15,577.35 7,935.58 12,692.93 6,085.81 2,884.42 1,849.77 6,583.96 3/2/2023 7,546.15 5,809.17 1,736.98 9/2/2023 16,381.81 7,546.15 13,279.88 5,809.17 3,101.93 1,736.98 6,575.89 3/2/2024 7,132.51 5,509.75 1,622.76 9/2/2024 17,186.28 7,132.51 13,866.84 5,509.75 3,319.44 1,622.76 6,564.96 3/2/2025 6,698.55 5,193.65 1,504.90 9/2/2025 18,063.88 6,698.55 14,527.16 5,193.65 3,536.72 1,504.90 6,546.52 3/2/2026 6,233.41 4,855.23 1,378.18 9/2/2026 18,941.47 6,233.41 15,187.49 4,855.23 3,753.98 1,378.18 6,510.34 3/2/2027 5,745.67 4,493.83 1,251.84 9/2/2027 19,965.34 5,745.67 15,921.18 4,493.83 4,044.16 1,251.84 6,547.84 3/2/2028 5,231.56 4,110.99 1,120.57 9/2/2028 20,989.20 5,231.56 16,728.25 4,110.99 4,260.95 1,120.57 6,502.09 3/2/2029 4,691.09 3,704.57 986.52 9/2/2029 22,086.20 4,691.09 17,535.31 3,704.57 4,550.89 986.52 6,523.93 3/2/2030 4,122.37 3,269.77 852.60 9/2/2030 23,183.19 4,122.37 18,342.38 3,269.77 4,840.81 852.60 6,546.01 3/2/2031 3,519.60 2,810.37 709.23 9/2/2031 24,426.46 3,519.60 19,296.18 2,810.37 5,130.28 709.23 6,548.74 3/2/2032 2,884.52 2,322.29 562.23 9/2/2032 25,669.72 2,884.52 20,249.99 2,322.29 5,419.73 562.23 6,544.19 3/2/2033 2,217.10 1,794.88 422.22 9/2/2033 26,986.11 2,217.10 21,350.53 1,794.88 5,635.58 422.22 6,480.02 3/2/2034 1,515.46 1,228.11 287.35 9/2/2034 28,375.64 1,515.46 22,451.07 1,228.11 5,924.57 287.35 6,499.27 3/2/2035 777.70 632.13 145.57 9/2/2035 29.911.44 777.70 23.698.35 632.13 6.213.09 145.57 6,504.23 Totals $420,149.65^ $292,760.52 $338,967.15 $224,567.80 $81,182.51 $68,192.72 $149,375.23 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $376,159.47 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $11,605.52 $11,659.72 $0.00 $9,850.78 $11,605.52 $1,808.94 $13,414.46 3/2/2014 11,421.81 8,404.04 3,017.77 9/2/2014 12,092.46 11,421.81 18,075.20 8,404.04 (5,982.74) 3,017.77 52.80 3/2/2015 11,164.84 8,213.21 (5,982.74) 2,951.63 9/2/2015 12,579.40 11,164.84 11,317.35 8,213.21 1,262.05 2,951.63 7,165.31 3/2/2016 10,888.09 8,074.07 2,814.02 9/2/2016 13,147.51 10,888.09 11,561.61 8,074.07 1,585.90 2,814.02 7,213.94 3/2/2017 10,592.27 7,911.69 2,680.58 9/2/2017 13,715.61 10,592.27 11,805.87 7,911.69 1,909.74 2,680.58 7,270.90 3/2/2018 10,280.24 7,725.21 2,555.03 7,270.90 9/2/2018 14,364.87 10,280.24 12,212.97 7,725.21 2,151.90 2,555.03 7,261.96 3/2/2019 9,946.26 7,520.11 2,426.15 7,261.96 9/2/2019 15,014.13 9,946.26 12,620.07 7,520.11 2,394.06 2,426.15 7,246.36 3/2/2020 9,589.68 7,289.22 2,300.46 7,246.36 9/2/2020 15,744.54 9,589.68 13,027.17 7,289.22 2,717.37 2,300.46 7,318.29 3/2/2021 9,207.87 7,034.62 2,173.25 7,318.29 9/2/2021 16,474.96 9,207.87 13,515.69 7,034.62 2,959.27 2,173.25 7,305.77 3/2/2022 8,806.29 6,753.56 2,052.73 7,305.77 9/2/2022 17,286.54 8,806.29 14,085.63 6,753.56 3,200.91 2,052.73 7,306.37 3/2/2023 8,374.13 6,446.57 1,927.56 7,306.37 9/2/2023 18,179.27 8,374.13 14,736.98 6,446.57 3,442.29 1,927.56 7,297.41 3/2/2024 7,915.10 6,114.30 1,800.80 7,297.41 9/2/2024 19,072.00 7,915.10 15,388.34 6,114.30 3,683.66 1,800.80 7,285.26 3/2/2025 7,433.54 5,763.51 1,670.03 7,285.26 9/2/2025 20,045.89 7,433.54 16,121.12 5,763.51 3,924.77 1,670.03 7,264.83 3/2/2026 6,917.35 5,387.96 1,529.39 7,264.83 9/2/2026 21,019.78 6,917.35 16,853.90 5,387.96 4,165.88 1,529.39 7,224.66 3/2/2027 6,376.09 4,986.91 1,389.18 7,224.66 9/2/2027 22,155.98 6,376.09 17,668.10 4,986.91 4,487.88 1,389.18 7,266.24 3/2/2028 5,805.58 4,562.06 1,243.52 7,266.24 9/2/2028 23,292.19 5,805.58 18,563.71 4,562.06 4,728.48 1,243.52 7,215.52 3/2/2029 5,205.80 4,111.05 1,094.75 7,215.52 9/2/2029 24,509.55 5,205.80 19,459.33 4,111.05 5,050.22 1,094.75 7,239.72 3/2/2030 4,574.68 3,628.53 946.15 7,239.72 9/2/2030 25,726.91 4,574.68 20,354.95 3,628.53 5,371.96 946.15 7,264.26 3/2/2031 3,905.78 3,118.73 787.05 7,264.26 9/2/2031 27,106.59 3,905.78 21,413.41 3,118.73 5,693.18 787.05 7,267.28 3/2/2032 3,201.01 2,577.09 623.92 7,267.28 9/2/2032 28,486.26 3,201.01 22,471.86 2,577.09 6,014.40 623.92 7,262.24 3/2/2033 2,460.37 1,991.82 468.55 9/2/2033 29,947.10 2,460.37 23,693.16 1,991.82 6,253.94 468.55 7,191.04 3/2/2034 1,681.74 1,362.86 318.88 7,191.04 9/2/2034 31,489.09 1,681.74 24,914.46 1,362.86 6,574.63 318.88 7,212.39 3/2/2035 863.03 701.49 161.54 7,212.39 9/2/2035 33.193.40 863.03 26.298.60 701.49 6.894.80 161.54 7.217.88 Totals $466,249.55 $324,882.82 $376,159.47 | $249,208.00 $90,090.07 $75,674.82 $165,764.89 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $484,864.21 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $14,959.34 $15,029.21 $0.00 $12,697.52 $14,959.34 $2,331.69 $17,291.03 3/2/2014 14,722.54 10,832.69 3,889.85 9/2/2014 15,587.01 14,722.54 23,298.67 10,832.69 (7,711.66) 3,889.85 68.04 3/2/2015 14,391.32 10,586.71 3,804.61 9/2/2015 16,214.67 14,391.32 14,587.91 10,586.71 1,626.76 3,804.61 9,235.98 3/2/2016 14,034.60 10,407.36 3,627.24 9/2/2016 16,946.95 14,034.60 14,902.75 10,407.36 2,044.20 3,627.24 9,298.68 3/2/2017 13,653.29 10,198.06 3,455.23 9/2/2017 17,679.22 13,653.29 15,217.60 10,198.06 2,461.62 3,455.23 9,372.08 3/2/2018 13,251.09 9,957.69 3,293.40 9/2/2018 18,516.11 13,251.09 15,742.34 9,957.69 2,773.77 3,293.40 9,360.57 3/2/2019 12,820.59 9,693.31 3,127.28 9/2/2019 19,353.00 12,820.59 16,267.09 9,693.31 3,085.91 3,127.28 9,340.47 3/2/2020 12,360.96 9,395.71 2,965.25 9/2/2020 20,294.49 12,360.96 16,791.83 9,395.71 3,502.66 2,965.25 9,433.16 3/2/2021 11,868.81 9,067.52 2,801.29 9/2/2021 21,235.99 11,868.81 17,421.53 9,067.52 3,814.46 2,801.29 9,417.04 3/2/2022 11,351.19 8,705.25 2,645.94 9/2/2022 22,282.10 11,351.19 18,156.17 8,705.25 4,125.93 2,645.94 9,417.81 3/2/2023 10,794.13 8,309.53 2,484.60 9/2/2023 23,432.82 10,794.13 18,995.76 8,309.53 4,437.06 2,484.60 9,406.26 3/2/2024 10,202.46 7,881.24 2,321.22 9/2/2024 24,583.54 10,202.46 19,835.35 7,881.24 4,748.19 2,321.22 9,390.63 3/2/2025 9,581.72 7,429.09 2,152.63 9/2/2025 25,838.87 9,581.72 20,779.89 7,429.09 5,058.98 2,152.63 9,364.24 3/2/2026 8,916.37 6,945.01 1,971.36 9/2/2026 27,094.20 8,916.37 21,724.44 6,945.01 5,369.76 1,971.36 9,312.48 3/2/2027 8,218.69 6,428.05 1,790.64 9/2/2027 28,558.75 8,218.69 22,773.92 6,428.05 5,784.83 1,790.64 9,366.11 3/2/2028 7,483.31 5,880.43 1,602.88 9/2/2028 30,023.30 7,483.31 23,928.36 5,880.43 6,094.94 1,602.88 9,300.70 3/2/2029 6,710.21 5,299.08 1,411.13 9/2/2029 31,592.46 6,710.21 25,082.80 5,299.08 6,509.66 1,411.13 9,331.92 3/2/2030 5,896.70 4,677.13 1,219.57 9/2/2030 33,161.62 5,896.70 26,237.24 4,677.13 6,924.38 1,219.57 9,363.52 3/2/2031 5,034.50 4,020.00 1,014.50 9/2/2031 34,940.01 5,034.50 27,601.58 4,020.00 7,338.43 1,014.50 9,367.43 3/2/2032 4,126.06 3,321.84 804.22 9/2/2032 36,718.39 4,126.06 28,965.91 3,321.84 7,752.48 804.22 9,360.92 3/2/2033 3,171.38 2,567.43 603.95 9/2/2033 38,601.38 3,171.38 30,540.15 2,567.43 8,061.23 603.95 9,269.13 3/2/2034 2,167.74 1,756.71 411.03 9/2/2034 40,588.99 2,167.74 32,114.38 1,756.71 8,474.61 411.03 9,296.67 3/2/2035 1,112.43 904.21 208.22 9/2/2035 42.785.82 1,112.43 33,898.51 904.21 8,887.31 208.22 9,303.75 Totals $600,989.03 $418,769.39 $484,864.21 $321,225.62 $116,124.85 $97,543.77 $213,668.62 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $720,297.20 Parcel Count with Same Reassessment: 1 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $22,223.12 $22,326.91 $0.00 $18,863.02 $22,223.12 $3,463.89 $25,687.01 3/2/2014 21,871.33 16,092.69 5,778.64 $25,687.01 9/2/2014 23,155.55 21,871.33 34,611.75 16,092.69 (11,456.20) 5,778.64 101.08 3/2/2015 21,379.28 15,727.27 (11,456.20) 5,652.01 9/2/2015 24,087.99 21,379.28 21,671.32 15,727.27 2,416.67 5,652.01 13,720.69 3/2/2016 20,849.34 15,460.83 5,388.51 13,720.69 9/2/2016 25,175.84 20,849.34 22,139.05 15,460.83 3,036.79 5,388.51 13,813.81 3/2/2017 20,282.89 15,149.91 5,132.98 13,813.81 9/2/2017 26,263.68 20,282.89 22,606.77 15,149.91 3,656.91 5,132.98 13,922.87 3/2/2018 19,685.39 14,792.82 4,892.57 9/2/2018 27,506.93 19,685.39 23,386.32 14,792.82 4,120.61 4,892.57 13,905.75 3/2/2019 19,045.85 14,400.07 4,645.78 9/2/2019 28,750.18 19,045.85 24,165.86 14,400.07 4,584.32 4,645.78 13,875.88 3/2/2020 18,363.03 13,957.96 4,405.07 13,875.88 9/2/2020 30,148.84 18,363.03 24,945.40 13,957.96 5,203.44 4,405.07 14,013.58 3/2/2021 17,631.92 13,470.42 4,161.50 9/2/2021 31,547.50 17,631.92 25,880.86 13,470.42 5,666.64 4,161.50 13,989.64 3/2/2022 16,862.95 12,932.23 3,930.72 13,989.64 9/2/2022 33,101.56 16,862.95 26,972.22 12,932.23 6,129.34 3,930.72 13,990.78 3/2/2023 16,035.42 12,344.37 3,691.05 13,990.78 9/2/2023 34,811.03 16,035.42 28,219.49 12,344.37 6,591.54 3,691.05 13,973.64 3/2/2024 15,156.44 11,708.12 3,448.32 13,973.64 9/2/2024 36,520.50 15,156.44 29,466.76 11,708.12 7,053.74 3,448.32 13,950.38 3/2/2025 14,234.29 11,036.41 3,197.88 9/2/2025 38,385.38 14,234.29 30,869.94 11,036.41 7,515.44 3,197.88 13,911.20 3/2/2026 13,245.87 10,317.28 2,928.59 9/2/2026 40,250.26 13,245.87 32,273.12 10,317.28 7,977.14 2,928.59 13,834.32 3/2/2027 12,209.43 9,549.30 2,660.13 13,834.32 9/2/2027 42,425.95 12,209.43 33,832.20 9,549.30 8,593.75 2,660.13 13,914.01 3/2/2028 11,116.96 8,735.78 2,381.18 13,914.01 9/2/2028 44,601.64 11,116.96 35,547.20 8,735.78 9,054.44 2,381.18 13,816.80 3/2/2029 9,968.47 7,872.15 2,096.32 13,816.80 9/2/2029 46,932.73 9,968.47 37,262.20 7,872.15 9,670.53 2,096.32 13,863.17 3/2/2030 8,759.95 6,948.19 1,811.76 13,863.17 9/2/2030 49,263.83 8,759.95 38,977.19 6,948.19 10,286.64 1,811.76 13,910.16 3/2/2031 7,479.09 5,971.98 1,507.11 13,910.16 9/2/2031 51,905.74 7,479.09 41,004.01 5,971.98 10,901.73 1,507.11 13,915.95 3/2/2032 6,129.54 4,934.81 1,194.73 13,915.95 9/2/2032 54,547.65 6,129.54 43,030.82 4,934.81 11,516.83 1,194.73 13,906.29 3/2/2033 4,711.30 3,814.09 897.21 13,906.29 9/2/2033 57,344.96 4,711.30 45,369.45 3,814.09 11,975.51 897.21 13,769.93 3/2/2034 3,220.33 2,609.71 610.62 13,769.93 9/2/2034 60,297.68 3,220.33 47,708.08 2,609.71 12,589.60 610.62 13,810.84 3/2/2035 1,652.59 1,343.26 309.33 13,810.84 9/2/2035 63.561.22 1.652.59 50.358.53 1.343.26 13.202.69 309.33 13.821.35 Totals $892,809.76 $622,110.23 $720,297.20 $477,202.32 $172,511.22 $144,907.91 $317,419.13 City of Carlsbad Reassessment District No. 2012-1, City ofCarlsbad Prepared by NBS - December 4, 2012 Assessment District No. 2003-01 (College Boulevard and Cannon Road East) Benefit Area No. 1 (Calaveras Hills II): Parcel Reassessment Parcel Reassessment Parcel Reassessment Count Amount Count Amount Count Amount 53 $11,350.75 1 $15,456.80 34 $17,445.63 8 11,566.67 5 15,456.81 30 21,335.77 35 12,549.68 2 15,883.41 51 21,335.78 82 12,549.69 2 15,883.42 92 21,407.67 25 15,240.90 59 16,335.09 8 21,407.68 5 15,240.91 76 16,335.10 14 21,407.69 City of Carisbad Reassessment District No. 2012-1 Reassessment Report Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $11,350.75 Parcel Count with Same Reassessment: 53 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $279.28 $347.82 $0.00 $294.56 $279.28 $53.26 $332.54 3/2/2014 340.63 251.29 89.34 9/2/2014 296.73 340.63 475.33 251.29 (178.60) 89.34 0.08 3/2/2015 332.76 246.28 (178.60) 86.48 9/2/2015 314.19 332.76 366.98 246.28 (52.79) 86.48 120.17 3/2/2016 324.28 241.77 (52.79) 82.51 9/2/2016 331.64 324.28 378.63 241.77 (46.99) 82.51 118.03 3/2/2017 315.16 236.45 (46.99) 78.71 9/2/2017 349.10 315.16 390.28 236.45 (41.18) 78.71 116.24 3/2/2018 305.38 230.28 (41.18) 75.10 9/2/2018 366.55 305.38 401.93 230.28 (35.38) 75.10 114.82 3/2/2019 295.03 223.53 (35.38) 71.50 9/2/2019 389.83 295.03 413.58 223.53 (23.75) 71.50 119.25 3/2/2020 283.92 215.97 (23.75) 67.95 9/2/2020 407.28 283.92 425.23 215.97 (17.95) 67.95 117.95 3/2/2021 272.21 207.66 (17.95) 64.55 9/2/2021 430.55 272.21 442.71 207.66 (12.16) 64.55 116.94 3/2/2022 259.40 198.45 (12.16) 60.95 9/2/2022 459.65 259.40 466.01 198.45 (6.36) 60.95 115.54 3/2/2023 245.73 188.29 (6.36) 57.44 9/2/2023 488.74 245.73 483.48 188.29 5.26 57.44 120.14 3/2/2024 231.19 177.39 53.80 9/2/2024 517.83 231.19 506.78 177.39 11.05 53.80 118.65 3/2/2025 215.78 165.84 49.94 9/2/2025 546.92 215.78 530.08 165.84 16.84 49.94 116.72 3/2/2026 199.51 153.49 46.02 9/2/2026 576.01 199.51 553.38 153.49 22.63 46.02 114.67 3/2/2027 182.23 140.32 41.91 9/2/2027 610.92 182.23 576.68 140.32 34.24 41.91 118.06 3/2/2028 163.90 126.46 37.44 9/2/2028 651.65 163.90 611.63 126.46 40.02 37.44 114.90 3/2/2029 144.35 111.60 32.75 9/2/2029 686.56 144.35 634.93 111.60 51.63 32.75 117.13 3/2/2030 123.76 95.85 27.91 9/2/2030 733.11 123.76 669.88 95.85 63.23 27.91 119.05 3/2/2031 101.76 79.07 22.69 9/2/2031 773.83 101.76 699.01 79.07 74.82 22.69 120.20 3/2/2032 78.55 61.39 17.16 9/2/2032 820.38 78.55 733.96 61.39 86.42 17.16 120.74 3/2/2033 53.94 42.28 11.66 9/2/2033 872.75 53.94 774.74 42.28 98.01 11.66 121.33 3/2/2034 27.75 21.71 6.04 9/2/2034 925.11 27.75 815.51 21.71 109.60 6.04 121.68 Totals 1 $11,828.61 1 $9,342.26 $11,350.75 $7,125.30 $477.87 $2,216.96 $2,694.83 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $11,566.67 Parcel Count with Same Reassessment: 8 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $284.59 $354.43 $0.00 $300.16 $284.59 $54.27 $338.86 3/2/2014 347.10 256.07 91.03 9/2/2014 302.38 347.10 484.37 256.07 (181.99) 91.03 0.07 3/2/2015 339.09 250.96 88.13 9/2/2015 320.16 339.09 373.96 250.96 (53.80) 88.13 122.46 3/2/2016 330.45 246.36 84.09 9/2/2016 337.95 330.45 385.83 246.36 (47.88) 84.09 120.30 3/2/2017 321.15 240.95 80.20 9/2/2017 355.74 321.15 397.70 240.95 (41.96) 80.20 118.44 3/2/2018 311.19 234.66 76.53 9/2/2018 373.53 311.19 409.58 234.66 (36.05) 76.53 117.01 3/2/2019 300.64 227.79 72.85 9/2/2019 397.24 300.64 421.45 227.79 (24.21) 72.85 121.49 3/2/2020 289.32 220.07 69.25 9/2/2020 415.03 289.32 433.32 220.07 (18.29) 69.25 120.21 3/2/2021 277.39 211.61 65.78 9/2/2021 438.74 277.39 451.13 211.61 (12.39) 65.78 119.17 3/2/2022 264.33 202.23 62.10 9/2/2022 468.39 264.33 474.87 202.23 (6.48) 62.10 117.72 3/2/2023 250.40 191.88 58.52 9/2/2023 498.03 250.40 492.68 191.88 5.35 58.52 122.39 3/2/2024 235.58 180.77 54.81 9/2/2024 527.68 235.58 516.42 180.77 11.26 54.81 120.88 3/2/2025 219.89 168.99 50.90 9/2/2025 557.32 219.89 540.17 168.99 17.15 50.90 118.95 3/2/2026 203.30 156.41 46.89 9/2/2026 586.97 203.30 563.91 156.41 23.06 46.89 116.84 3/2/2027 185.70 142.99 42.71 9/2/2027 622.54 185.70 587.65 142.99 34.89 42.71 120.31 3/2/2028 167.02 128.86 38.16 9/2/2028 664.05 167.02 623.27 128.86 40.78 38.16 117.10 3/2/2029 147.10 113.72 33.38 9/2/2029 699.62 147.10 647.01 113.72 52.61 33.38 119.37 3/2/2030 126.11 97.68 28.43 9/2/2030 747.05 126.11 682.63 97.68 64.42 28.43 121.28 3/2/2031 103.70 80.58 23.12 9/2/2031 788.55 103.70 712.31 80.58 76.24 23.12 122.48 3/2/2032 80.04 62.56 17.48 9/2/2032 835.99 80.04 747.92 62.56 88.07 17.48 123.03 3/2/2033 54.96 43.08 11.88 9/2/2033 889.35 54.96 789.47 43.08 99.88 11.88 123.64 3/2/2034 28.28 22.12 6.16 9/2/2034 942.71 28.28 831.02 22.12 111.69 6.16 124.01 Totals $12,053.61 $9,519.91 $11,566.67 $7,260.84 $486.94 $2,259.07 $2,746.01 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $12,549.68 Parcel Count with Same Reassessment: 35 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $308.78 $384.55 $0.00 $325.67 $308.78 $58.88 $367.66 3/2/2014 376.60 277.84 98.76 $367.66 9/2/2014 328.08 376.60 525.53 277.84 (197.45) 98.76 0.07 3/2/2015 367.91 272.29 (197.45) 95.62 9/2/2015 347.37 367.91 405.74 272.29 (58.37) 95.62 132.87 3/2/2016 358.53 267.30 (58.37) 91.23 9/2/2016 366.67 358.53 418.62 267.30 (51.95) 91.23 130.51 3/2/2017 348.45 261.42 (51.95) 87.03 9/2/2017 385.97 348.45 431.50 261.42 (45.53) 87.03 128.53 3/2/2018 337.64 254.61 (45.53) 83.03 9/2/2018 405.27 337.64 444.38 254.61 (39.11) 83.03 126.95 3/2/2019 326.19 247.14 (39.11) 79.05 9/2/2019 431.00 326.19 457.27 247.14 (26.27) 79.05 131.83 3/2/2020 313.91 238.78 (26.27) 75.13 9/2/2020 450.30 313.91 470.15 238.78 (19.85) 75.13 130.41 3/2/2021 300.96 229.59 (19.85) 71.37 9/2/2021 476.03 300.96 489.47 229.59 (13.44) 71.37 129.30 3/2/2022 286.80 219.41 (13.44) 67.39 9/2/2022 508.20 286.80 515.23 219.41 (7.03) 67.39 127.75 3/2/2023 271.68 208.18 (7.03) 63.50 9/2/2023 540.36 271.68 534.55 208.18 5.81 63.50 132.81 3/2/2024 255.60 196.13 59.47 9/2/2024 572.52 255.60 560.31 196.13 12.21 59.47 131.15 3/2/2025 238.57 183.36 55.21 9/2/2025 604.69 238.57 586.07 183.36 18.62 55.21 129.04 3/2/2026 220.58 169.70 50.88 9/2/2026 636.85 220.58 611.83 169.70 25.02 50.88 126.78 3/2/2027 201.48 155.14 46.34 126.78 9/2/2027 675.45 201.48 637.60 155.14 37.85 46.34 130.53 3/2/2028 181.21 139.81 41.40 9/2/2028 720.48 181.21 676.24 139.81 44.24 41.40 127.04 3/2/2029 159.60 123.38 36.22 9/2/2029 759.08 159.60 702.00 123.38 57.08 36.22 129.52 3/2/2030 136.83 105.98 30.85 9/2/2030 810.54 136.83 740.64 105.98 69.90 30.85 131.60 3/2/2031 112.51 87.43 25.08 9/2/2031 855.57 112.51 772.84 87.43 82.73 25.08 132.89 3/2/2032 86.84 67.88 18.96 132.89 9/2/2032 907.03 86.84 811.48 67.88 95.55 18.96 133.47 3/2/2033 59.63 46.74 12.89 9/2/2033 964.93 59.63 856.57 46.74 108.36 12.89 134.14 3/2/2034 30.68 24.01 6.67 134.14 9/2/2034 1.022.82 30.68 901.65 24.01 121.17 6.67 134.51 Totals 1 $13,077.99 $10,328.95 1 $12,549.68 $7,877.91 $528.32 $2,451.04 $2,979.36 1 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $12,549.69 Parcel Count with Same Reassessment: 82 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $308.78 $384.56 $0.00 $325.67 $308.78 $58.89 $367.67 3/2/2014 376.60 277.84 98.76 9/2/2014 328.08 376.60 525.53 277.84 (197.45) 98.76 0.07 3/2/2015 367.91 272.29 95.62 9/2/2015 347.37 367.91 405.74 272.29 (58.37) 95.62 132.87 3/2/2016 358.53 267.30 91.23 9/2/2016 366.67 358.53 418.62 267.30 (51.95) 91.23 130.51 3/2/2017 348.45 261.42 87.03 9/2/2017 385.97 348.45 431.50 261.42 (45.53) 87.03 128.53 3/2/2018 337.64 254.61 83.03 9/2/2018 405.27 337.64 444.38 254.61 (39.11) 83.03 126.95 3/2/2019 326.19 247.14 79.05 9/2/2019 431.00 326.19 457.27 247.14 (26.27) 79.05 131.83 3/2/2020 313.91 238.78 75.13 9/2/2020 450.30 313.91 470.15 238.78 (19.85) 75.13 130.41 3/2/2021 300.96 229.59 71.37 9/2/2021 476.03 300.96 489.47 229.59 (13.44) 71.37 129.30 3/2/2022 286.80 219.41 67.39 9/2/2022 508.20 286.80 515.23 219.41 (7.03) 67.39 127.75 3/2/2023 271.68 208.18 63.50 9/2/2023 540.36 271.68 534.55 208.18 5.81 63.50 132.81 3/2/2024 255.61 196.13 59.48 9/2/2024 572.53 255.61 560.31 196.13 12.22 59.48 131.18 3/2/2025 238.57 183.36 55.21 9/2/2025 604.69 238.57 586.07 183.36 18.62 55.21 129.04 3/2/2026 220.58 169.70 50.88 9/2/2026 636.85 220.58 611.83 169.70 25.02 50.88 126.78 3/2/2027 201.48 155.14 46.34 9/2/2027 675.45 201.48 637.60 155.14 37.85 46.34 130.53 3/2/2028 181.21 139.81 41.40 9/2/2028 720.48 181.21 676.24 139.81 44.24 41.40 127.04 3/2/2029 159.60 123.38 36.22 9/2/2029 759.08 159.60 702.00 123.38 57.08 36.22 129.52 3/2/2030 136.83 105.98 30.85 9/2/2030 810.54 136.83 740.64 105.98 69.90 30.85 131.60 3/2/2031 112.51 87.43 25.08 9/2/2031 855.57 112.51 772.84 87.43 82.73 25.08 132.89 3/2/2032 86.84 67.88 18.96 9/2/2032 907.03 86.84 811.49 67.88 95.54 18.96 133.46 3/2/2033 59.63 46.74 12.89 9/2/2033 964.93 59.63 856.57 46.74 108.36 12.89 134.14 3/2/2034 30.68 24.01 6.67 9/2/2034 1.022.83 30.68 901.65 24.01 121.18 6.67 134.52 Totals $13,078.01 $10,328.98 $12,549.69 $7,877.91 $528.33 $2,451.07 $2,979.40 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $15,240.90 Parcel Count with Same Reassessment: 25 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $374.99 $467.02 $0.00 $395.51 $374.99 $71.51 $446.50 3/2/2014 457.36 337.42 119.94 9/2/2014 398.43 457.36 638.23 337.42 (239.80) 119.94 0.08 3/2/2015 446.81 330.68 116.13 9/2/2015 421.87 446.81 492.75 330.68 (70.88) 116.13 161.38 3/2/2016 435.42 324.62 110.80 9/2/2016 445.30 435.42 508.39 324.62 (63.09) 110.80 158.51 3/2/2017 423.17 317.48 105.69 9/2/2017 468.74 423.17 524.04 317.48 (55.30) 105.69 156.08 3/2/2018 410.05 309.21 100.84 9/2/2018 492.18 410.05 539.68 309.21 (47.50) 100.84 154.18 3/2/2019 396.14 300.14 96.00 9/2/2019 523.43 396.14 555.32 300.14 (31.89) 96.00 160.11 3/2/2020 381.22 289.98 91.24 9/2/2020 546.87 381.22 570.97 289.98 (24.10) 91.24 158.38 3/2/2021 365.50 278.82 86.68 9/2/2021 578.11 365.50 594.43 278.82 (16.32) 86.68 157.04 3/2/2022 348.30 266.46 81.84 9/2/2022 617.18 348.30 625.72 266.46 (8.54) 81.84 155.14 3/2/2023 329.94 252.83 77.11 9/2/2023 656.24 329.94 649.18 252.83 7.06 77.11 161.28 3/2/2024 310.42 238.19 72.23 9/2/2024 695.30 310.42 680.47 238.19 14.83 72.23 159.29 3/2/2025 289.73 222.68 67.05 9/2/2025 734.36 289.73 711.75 222.68 22.61 67.05 156.71 3/2/2026 267.89 206.10 61.79 9/2/2026 773.42 267.89 743.04 206.10 30.38 61.79 153.96 3/2/2027 244.68 188.41 56.27 9/2/2027 820.30 244.68 774.32 188.41 45.98 56.27 158.52 3/2/2028 220.07 169.80 50.27 9/2/2028 874.98 220.07 821.25 169.80 53.73 50.27 154.27 3/2/2029 193.82 149.84 43.98 9/2/2029 921.86 193.82 852.54 149.84 69.32 43.98 157.28 3/2/2030 166.17 128.70 37.47 9/2/2030 984.36 166.17 899.47 128.70 84.89 37.47 159.83 3/2/2031 136.64 106.18 30.46 9/2/2031 1,039.04 136.64 938.58 106.18 100.46 30.46 161.38 3/2/2032 105.47 82.43 23.04 9/2/2032 1,101.54 105.47 985.50 82.43 116.04 23.04 162.12 3/2/2033 72.42 56.77 15.65 9/2/2033 1,171.85 72.42 1,040.25 56.77 131.60 15.65 162.90 3/2/2034 37.26 29.15 8.11 9/2/2034 1.242.17 37.26 1,095.00 29.15 147.17 8.11 163.39 Totals 1 $15,882.52 $12,543.98 $15,240.90 $9,567.29 $641.64 $2,976.69 $3,618.33 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4,2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $15,240.91 Parcel Count with Same Reassessment: 5 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $374.99 $467.02 $0.00 $395.51 $374.99 $71.51 $446.50 3/2/2014 457.37 337.42 119.95 9/2/2014 398.43 457.37 638.23 337.42 (239.80) 119.95 0.10 3/2/2015 446.81 330.68 116.13 9/2/2015 421.87 446.81 492.75 330.68 (70.88) 116.13 161.38 3/2/2016 435.42 324.62 110.80 9/2/2016 445.30 435.42 508.40 324.62 (63.10) 110.80 158.50 3/2/2017 423.17 317.48 105.69 9/2/2017 468.74 423.17 524.04 317.48 (55.30) 105.69 156.08 3/2/2018 410.05 309.21 100.84 9/2/2018 492.18 410.05 539.68 309.21 (47.50) 100.84 154.18 3/2/2019 396.14 300.14 96.00 9/2/2019 523.43 396.14 555.32 300.14 (31.89) 96.00 160.11 3/2/2020 381.22 289.98 91.24 9/2/2020 546.87 381.22 570.97 289.98 (24.10) 91.24 158.38 3/2/2021 365.50 278.82 86.68 9/2/2021 578.11 365.50 594.43 278.82 (16.32) 86.68 157.04 3/2/2022 348.30 266.46 81.84 9/2/2022 617.18 348.30 625.72 266.46 (8.54) 81.84 155.14 3/2/2023 329.94 252.83 77.11 9/2/2023 656.24 329.94 649.18 252.83 7.06 77.11 161.28 3/2/2024 310.42 238.19 72.23 9/2/2024 695.30 310.42 680.47 238.19 14.83 72.23 159.29 3/2/2025 289.73 222.68 67.05 9/2/2025 734.36 289.73 711.75 222.68 22.61 67.05 156.71 3/2/2026 267.89 206.10 61.79 9/2/2026 773.42 267.89 743.04 206.10 30.38 61.79 153.96 3/2/2027 244.68 188.41 56.27 9/2/2027 820.30 244.68 774.33 188.41 45.97 56.27 158.51 3/2/2028 220.07 169.80 50.27 9/2/2028 874.98 220.07 821.25 169.80 53.73 50.27 154.27 3/2/2029 193.82 149.84 43.98 9/2/2029 921.86 193.82 852.54 149.84 69.32 43.98 157.28 3/2/2030 166.17 128.70 37.47 9/2/2030 984.36 166.17 899.47 128.70 84.89 37.47 159.83 3/2/2031 136.64 106.18 30.46 9/2/2031 1,039.04 136.64 938.58 106.18 100.46 30.46 161.38 3/2/2032 105.47 82.43 23.04 9/2/2032 1,101.54 105.47 985.50 82.43 116.04 23.04 162.12 3/2/2033 72.42 56.77 15.65 9/2/2033 1,171.85 72.42 1,040.25 56.77 131.60 15.65 162.90 3/2/2034 37.26 29.15 8.11 9/2/2034 1,242.17 37.26 1,095.01 29.15 147.16 8.11 163.38 Totals $15,882.52 $12,544.00 $15,240.91 $9,567.29 $641.61 $2,976.71 $3,618.32 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $15,456.80 Parcel Count with Same Reassessment: 1 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $380.31 $473.64 $0.00 $401.11 $380.31 $72.53 $452.84 3/2/2014 463.84 342.20 121.64 9/2/2014 404.07 463.84 647.27 342.20 (243.20) 121.64 0.08 3/2/2015 453.14 335.37 117.77 9/2/2015 427.84 453.14 499.73 335.37 (71.89) 117.77 163.65 3/2/2016 441.58 329.22 112.36 9/2/2016 451.61 441.58 515.60 329.22 (63.99) 112.36 160.73 3/2/2017 429.16 321.98 107.18 9/2/2017 475.38 429.16 531.46 321.98 (56.08) 107.18 158.28 3/2/2018 415.85 313.59 102.26 9/2/2018 499.15 415.85 547.33 313.59 (48.18) 102.26 156.34 3/2/2019 401.75 304.39 (48.18) 97.36 9/2/2019 530.84 401.75 563.19 304.39 (32.35) 97.36 162.37 3/2/2020 386.62 294.09 (32.35) 92.53 9/2/2020 554.61 386.62 579.05 294.09 (24.44) 92.53 160.62 3/2/2021 370.68 282.77 (24.44) 87.91 9/2/2021 586.30 370.68 602.85 282.77 (16.55) 87.91 159.27 3/2/2022 353.24 270.24 (16.55) 83.00 9/2/2022 625.92 353.24 634.58 270.24 (8.66) 83.00 157.34 3/2/2023 334.62 256.41 (8.66) 78.21 9/2/2023 665.53 334.62 658.38 256.41 7.15 78.21 163.57 3/2/2024 314.82 241.56 73.26 9/2/2024 705.15 314.82 690.11 241.56 15.04 73.26 161.56 3/2/2025 293.84 225.83 68.01 9/2/2025 744.76 293.84 721.84 225.83 22.92 68.01 158.94 3/2/2026 271.68 209.02 62.66 9/2/2026 784.38 271.68 753.56 209.02 30.82 62.66 156.14 3/2/2027 248.15 191.08 57.07 9/2/2027 831.92 248.15 785.29 191.08 46.63 57.07 160.77 3/2/2028 223.19 172.20 50.99 9/2/2028 887.38 223.19 832.89 172.20 54.49 50.99 156.47 3/2/2029 196.57 151.97 44.60 9/2/2029 934.92 196.57 864.62 151.97 70.30 44.60 159.50 3/2/2030 168.52 130.53 37.99 9/2/2030 998.30 168.52 912.21 130.53 86.09 37.99 162.07 3/2/2031 138.57 107.68 30.89 9/2/2031 1,053.76 138.57 951.87 107.68 101.89 30.89 163.67 3/2/2032 106.96 83.60 23.36 9/2/2032 1,117.15 106.96 999.46 83.60 117.69 23.36 164.41 3/2/2033 73.45 57.57 15.88 9/2/2033 1,188.45 73.45 1,054.99 57.57 133.46 15.88 165.22 3/2/2034 37.79 29.57 8.22 9/2/2034 1,259.76 37.79 1.110.52 29.57 149.24 8.22 165.68 Totals 1 $16,107.49 $12,721.68 $15,456.80 $9,702.85 $650.69 $3,018.83 $3,669.52 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $15,456.81 Parcel Count with Same Reassessment: 5 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $380.31 $473.64 $0.00 $401.11 $380.31 $72.53 $452.84 3/2/2014 463.84 342.20 121.64 9/2/2014 404.07 463.84 647.27 342.20 (243.20) 121.64 0.08 3/2/2015 453.14 335.37 117.77 9/2/2015 427.84 453.14 499.73 335.37 (71.89) 117.77 163.65 3/2/2016 441.58 329.22 112.36 9/2/2016 451.61 441.58 515.60 329.22 (63.99) 112.36 160.73 3/2/2017 429.16 321.98 107.18 9/2/2017 475.38 429.16 531.46 321.98 (56.08) 107.18 158.28 3/2/2018 415.85 313.59 102.26 9/2/2018 499.15 415.85 547.33 313.59 (48.18) 102.26 156.34 3/2/2019 401.75 304.39 97.36 9/2/2019 530.84 401.75 563.19 304.39 (32.35) 97.36 162.37 3/2/2020 386.62 294.09 92.53 9/2/2020 554.61 386.62 579.06 294.09 (24.45) 92.53 160.61 3/2/2021 370.68 282.77 87.91 9/2/2021 586.30 370.68 602.85 282.77 (16.55) 87.91 159.27 3/2/2022 353.24 270.24 83.00 9/2/2022 625.92 353.24 634.58 270.24 (8.66) 83.00 157.34 3/2/2023 334.62 256.41 78.21 9/2/2023 665.53 334.62 658.38 256.41 7.15 78.21 163.57 3/2/2024 314.82 241.56 73.26 9/2/2024 705.15 314.82 690.11 241.56 15.04 73.26 161.56 3/2/2025 293.84 225.83 68.01 9/2/2025 744.76 293.84 721.84 225.83 22.92 68.01 158.94 3/2/2026 271.68 209.02 62.66 9/2/2026 784.38 271.68 753.56 209.02 30.82 62.66 156.14 3/2/2027 248.15 191.08 57.07 9/2/2027 831.92 248.15 785.29 191.08 46.63 57.07 160.77 3/2/2028 223.19 172.20 50.99 9/2/2028 887.38 223.19 832.89 172.20 54.49 50.99 156.47 3/2/2029 196.57 151.97 44.60 9/2/2029 934.92 196.57 864.62 151.97 70.30 44.60 159.50 3/2/2030 168.52 130.53 37.99 9/2/2030 998.30 168.52 912.21 130.53 86.09 37.99 162.07 3/2/2031 138.57 107.68 30.89 9/2/2031 1,053.76 138.57 951.87 107.68 101.89 30.89 163.67 3/2/2032 106.96 83.60 23.36 9/2/2032 1,117.15 106.96 999.47 83.60 117.68 23.36 164.40 3/2/2033 73.45 57.57 15.88 9/2/2033 1,188.45 73.45 1,054.99 57.57 133.46 15.88 165.22 3/2/2034 37.79 29.57 8.22 9/2/2034 1.259.76 37.79 1.110.52 29.57 149.24 8.22 165.68 Totals $16,107.49 $12,721.68 $15,456.81 $9,702.85 $650.67 $3,018.83 $3,669.50 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison of the Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $15,883.41 Parcel Count with Same Reassessment: 2 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $390.80 $486.71 $0.00 $412.18 $390.80 $74.53 $465.33 3/2/2014 476.65 351.64 125.01 9/2/2014 415.23 476.65 665.14 351.64 (249.91) 125.01 0.11 3/2/2015 465.64 344.62 121.02 9/2/2015 439.65 465.64 513.52 344.62 (73.87) 121.02 168.17 3/2/2016 453.77 338.31 115.46 9/2/2016 464.08 453.77 529.83 338.31 (65.75) 115.46 165.17 3/2/2017 441.01 330.87 110.14 9/2/2017 488.50 441.01 546.13 330.87 (57.63) 110.14 162.65 3/2/2018 427.33 322.24 105.09 9/2/2018 512.93 427.33 562.43 322.24 (49.50) 105.09 160.68 3/2/2019 412.84 312.80 100.04 9/2/2019 545.49 412.84 578.73 312.80 (33.24) 100.04 166.84 3/2/2020 397.29 302.21 95.08 9/2/2020 569.92 397.29 595.04 302.21 (25.12) 95.08 165.04 3/2/2021 380.91 290.58 90.33 9/2/2021 602.49 380.91 619.49 290.58 (17.00) 90.33 163.66 3/2/2022 362.99 277.70 85.29 9/2/2022 643.19 362.99 652.10 277.70 (8.91) 85.29 161.67 3/2/2023 343.85 263.48 80.37 9/2/2023 683.90 343.85 676.55 263.48 7.35 80.37 168.09 3/2/2024 323.50 248.23 75.27 9/2/2024 724.61 323.50 709.15 248.23 15.46 75.27 166.00 3/2/2025 301.95 232.06 69.89 9/2/2025 765.32 301.95 741.76 232.06 23.56 69.89 163.34 3/2/2026 279.18 214.78 64.40 9/2/2026 806.03 279.18 774.36 214.78 31.67 64.40 160.47 3/2/2027 255.00 196.36 58.64 9/2/2027 854.88 255.00 806.97 196.36 47.91 58.64 165.19 3/2/2028 229.35 176.95 52.40 9/2/2028 911.87 229.35 855.87 176.95 56.00 52.40 160.80 3/2/2029 202.00 156.16 45.84 9/2/2029 960.72 202.00 888.48 156.16 72.24 45.84 163.92 3/2/2030 173.17 134.13 39.04 9/2/2030 1,025.85 173.17 937.39 134.13 88.46 39.04 166.54 3/2/2031 142.40 110.65 31.75 9/2/2031 1,082.85 142.40 978.14 110.65 104.71 31.75 168.21 3/2/2032 109.91 85.91 24.00 9/2/2032 1,147.98 109.91 1,027.05 85.91 120.93 24.00 168.93 3/2/2033 75.47 59.16 16.31 9/2/2033 1,221.26 75.47 1,084.11 59.16 137.15 16.31 169.77 3/2/2034 38.84 30.38 8.46 9/2/2034 1.294.53 38.84 1.141.17 30.38 153.36 8.46 170.28 Totals $16,552.08 $13,072.81 $15,883.41 $9,970.62 $668.67 $3,102.19 $3,770.86 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $15,883.42 Parcel Count with Same Reassessment: 2 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $390.80 $486.71 $0.00 $412.18 $390.80 $74.53 $465.33 3/2/2014 476.65 351.64 125.01 9/2/2014 415.23 476.65 665.14 351.64 (249.91) 125.01 0.11 3/2/2015 465.64 344.62 121.02 9/2/2015 439.65 465.64 513.53 344.62 (73.88) 121.02 168.16 3/2/2016 453.77 338.31 115.46 9/2/2016 464.08 453.77 529.83 338.31 (65.75) 115.46 165.17 3/2/2017 441.01 330.87 110.14 9/2/2017 488.50 441.01 546.13 330.87 (57.63) 110.14 162.65 3/2/2018 427.33 322.24 105.09 9/2/2018 512.93 427.33 562.43 322.24 (49.50) 105.09 160.68 3/2/2019 412.84 312.80 100.04 9/2/2019 545.49 412.84 578.73 312.80 (33.24) 100.04 166.84 3/2/2020 397.30 302.21 95.09 9/2/2020 569.92 397.30 595.04 302.21 (25.12) 95.09 165.06 3/2/2021 380.91 290.58 90.33 9/2/2021 602.49 380.91 619.49 290.58 (17.00) 90.33 163.66 3/2/2022 362.99 277.70 85.29 9/2/2022 643.20 362.99 652.10 277.70 (8.90) 85.29 161.68 3/2/2023 343.85 263.48 80.37 9/2/2023 683.90 343.85 676.55 263.48 7.35 80.37 168.09 3/2/2024 323.50 248.23 75.27 9/2/2024 724.61 323.50 709.15 248.23 15.46 75.27 166.00 3/2/2025 301.95 232.06 69.89 9/2/2025 765.32 301.95 741.76 232.06 23.56 69.89 163.34 3/2/2026 279.18 214.79 64.39 9/2/2026 806.03 279.18 774.36 214.79 31.67 64.39 160.45 3/2/2027 255.00 196.36 58.64 9/2/2027 854.88 255.00 806.97 196.36 47.91 58.64 165.19 3/2/2028 229.35 176.95 52.40 9/2/2028 911.87 229.35 855.88 176.95 55.99 52.40 160.79 3/2/2029 202.00 156.16 45.84 9/2/2029 960.72 202.00 888.48 156.16 72.24 45.84 163.92 3/2/2030 173.17 134.13 39.04 9/2/2030 1,025.86 173.17 937.39 134.13 88.47 39.04 166.55 3/2/2031 142.40 110.65 31.75 9/2/2031 1,082.85 142.40 978.14 110.65 104.71 31.75 168.21 3/2/2032 109.91 85.91 24.00 9/2/2032 1,147.98 109.91 1,027.05 85.91 120.93 24.00 168.93 3/2/2033 75.47 59.16 16.31 9/2/2033 1,221.26 75.47 1,084.11 59.16 137.15 16.31 169.77 3/2/2034 38.84 30.38 8.46 9/2/2034 1.294.53 38.84 1,141.17 30.38 153.36 8.46 170.28 Totals $16,552.10 $13,072.83 $15,883.42 $9,970.64 $668.67 $3,102.19 $3,770.86 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $16,335.09 Parcel Count with Same Reassessment: 59 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $401.92 $500.55 $0.00 $423.90 $401.92 $76.65 $478.57 3/2/2014 490.20 361.64 128.56 9/2/2014 427.04 490.20 684.05 361.64 (257.01) 128.56 0.11 3/2/2015 478.88 354.42 124.46 9/2/2015 452.15 478.88 528.13 354.42 (75.98) 124.46 172.94 3/2/2016 466.68 347.93 118.75 9/2/2016 477.27 466.68 544.89 347.93 (67.62) 118.75 169.88 3/2/2017 453.55 340.28 113.27 9/2/2017 502.39 453.55 561.66 340.28 (59.27) 113.27 167.27 3/2/2018 439.48 331.41 108.07 9/2/2018 527.51 439.48 578.43 331.41 (50.92) 108.07 165.22 3/2/2019 424.58 321.69 102.89 9/2/2019 561.01 424.58 595.19 321.69 (34.18) 102.89 171.60 3/2/2020 408.59 310.80 97.79 9/2/2020 586.13 408.59 611.96 310.80 (25.83) 97.79 169.75 3/2/2021 391.74 298.84 92.90 9/2/2021 619.62 391.74 637.11 298.84 (17.49) 92.90 168.31 3/2/2022 373.31 285.59 87.72 9/2/2022 661.49 373.31 670.64 285.59 (9.15) 87.72 166.29 3/2/2023 353.63 270.98 82.65 9/2/2023 703.35 353.63 695.79 270.98 7.56 82.65 172.86 3/2/2024 332.70 255.29 77.41 9/2/2024 745.22 332.70 729.32 255.29 15.90 77.41 170.72 3/2/2025 310.53 238.66 71.87 9/2/2025 787.08 310.53 762.85 238.66 24.23 71.87 167.97 3/2/2026 287.12 220.89 66.23 9/2/2026 828.95 287.12 796.38 220.89 32.57 66.23 165.03 3/2/2027 262.25 201.94 60.31 9/2/2027 879.19 262.25 829.92 201.94 49.27 60.31 169.89 3/2/2028 235.87 181.99 53.88 9/2/2028 937.80 235.87 880.21 181.99 57.59 53.88 165.35 3/2/2029 207.74 160.60 47.14 9/2/2029 988.04 207.74 913.75 160.60 74.29 47.14 168.57 3/2/2030 178.10 137.94 40.16 9/2/2030 1,055.03 178.10 964.04 137.94 90.99 40.16 171.31 3/2/2031 146.45 113.80 32.65 9/2/2031 1,113.64 146.45 1,005.96 113.80 107.68 32.65 172.98 3/2/2032 113.04 88.35 24.69 9/2/2032 1,180.63 113.04 1,056.26 88.35 124.37 24.69 173.75 3/2/2033 77.62 60.84 16.78 9/2/2033 1,255.99 77.62 1,114.94 60.84 141.05 16.78 174.61 3/2/2034 39.94 31.25 8.69 9/2/2034 1.331.34 39.94 1.173.62 31.25 157.72 8.69 175.10 Totals 1 $17,022.79 1 $13,444.55 $16,335.09 $10,254.16 $687.69 $3,190.39 $3,878.08 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $16,335.10 Parcel Count with Same Reassessment: 76 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $401.92 $500.55 $0.00 $423.90 $401.92 $76.65 $478.57 3/2/2014 490.20 361.64 128.56 9/2/2014 427.04 490.20 684.05 361.64 (257.01) 128.56 0.11 3/2/2015 478.88 354.42 124.46 9/2/2015 452.15 478.88 528.13 354.42 (75.98) 124.46 172.94 3/2/2016 466.68 347.93 118.75 9/2/2016 477.27 466.68 544.89 347.93 (67.62) 118.75 169.88 3/2/2017 453.55 340.28 113.27 9/2/2017 502.39 453.55 561.66 340.28 (59.27) 113.27 167.27 3/2/2018 439.48 331.41 108.07 9/2/2018 527.51 439.48 578.43 331.41 (50.92) 108.07 165.22 3/2/2019 424.58 321.69 102.89 9/2/2019 561.01 424.58 595.19 321.69 (34.18) 102.89 171.60 3/2/2020 408.59 310.80 97.79 9/2/2020 586.13 408.59 611.96 310.80 (25.83) 97.79 169.75 3/2/2021 391.74 298.84 92.90 9/2/2021 619.62 391.74 637.11 298.84 (17.49) 92.90 168.31 3/2/2022 373.31 285.59 87.72 9/2/2022 661.49 373.31 670.64 285.59 (9.15) 87.72 166.29 3/2/2023 353.63 270.98 82.65 9/2/2023 703.35 353.63 695.79 270.98 7.56 82.65 172.86 3/2/2024 332.70 255.29 77.41 9/2/2024 745.22 332.70 729.32 255.29 15.90 77.41 170.72 3/2/2025 310.53 238.66 71.87 9/2/2025 787.08 310.53 762.85 238.66 24.23 71.87 167.97 3/2/2026 287.12 220.89 66.23 9/2/2026 828.95 287.12 796.38 220.89 32.57 66.23 165.03 3/2/2027 262.25 201.94 60.31 9/2/2027 879.19 262.25 829.92 201.94 49.27 60.31 169.89 3/2/2028 235.87 181.99 53.88 9/2/2028 937.80 235.87 880.21 181.99 57.59 53.88 165.35 3/2/2029 207.74 160.60 47.14 9/2/2029 988.04 207.74 913.75 160.60 74.29 47.14 168.57 3/2/2030 178.10 137.94 40.16 9/2/2030 1,055.03 178.10 964.04 137.94 90.99 40.16 171.31 3/2/2031 146.45 113.80 32.65 9/2/2031 1,113.64 146.45 1,005.96 113.80 107.68 32.65 172.98 3/2/2032 113.04 88.35 24.69 9/2/2032 1,180.63 113.04 1,056.26 88.35 124.37 24.69 173.75 3/2/2033 77.62 60.84 16.78 9/2/2033 1,255.99 77.62 1,114.94 60.84 141.05 16.78 174.61 3/2/2034 39.94 31.25 8.69 9/2/2034 1.331.34 39.94 1.173.62 31.25 157.72 8.69 175.10 Totals $17,022.79 $13,444.55 $16,335.10 $10,254.16 $687.69 $3,190.39 $3,878.08 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $17,445.63 Parcel Count with Same Reassessment: 34 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $429.24 $534.58 $0.00 $452.72 $429.24 $81.86 $511.10 3/2/2014 523.53 386.23 137.30 9/2/2014 456.07 523.53 730.56 386.23 (274.49) 137.30 0.11 3/2/2015 511.44 378.52 132.92 9/2/2015 482.89 511.44 564.03 378.52 (81.14) 132.92 184.70 3/2/2016 498.40 371.58 126.82 9/2/2016 509.72 498.40 581.94 371.58 (72.22) 126.82 181.42 3/2/2017 484.39 363.41 120.98 9/2/2017 536.55 484.39 599.84 363.41 (63.29) 120.98 178.67 3/2/2018 469.36 353.94 115.42 9/2/2018 563.38 469.36 617.75 353.94 (54.37) 115.42 176.47 3/2/2019 453.45 343.56 109.89 9/2/2019 599.15 453.45 635.66 343.56 (36.51) 109.89 183.27 3/2/2020 436.37 331.93 104.44 9/2/2020 625.97 436.37 653.56 331.93 (27.59) 104.44 181.29 3/2/2021 418.37 319.16 99.21 9/2/2021 661.74 418.37 680.42 319.16 (18.68) 99.21 179.74 3/2/2022 398.69 305.01 93.68 9/2/2022 706.46 398.69 716.23 305.01 (9.77) 93.68 177.59 3/2/2023 377.67 289.40 88.27 9/2/2023 751.17 377.67 743.09 289.40 8.08 88.27 184.62 3/2/2024 355.32 272.65 82.67 9/2/2024 795.88 355.32 778.90 272.65 16.98 82.67 182.32 3/2/2025 331.65 254.89 76.76 9/2/2025 840.59 331.65 814.71 254.89 25.88 76.76 179.40 3/2/2026 306.64 235.91 70.73 9/2/2026 885.31 306.64 850.53 235.91 34.78 70.73 176.24 3/2/2027 280.08 215.67 64.41 9/2/2027 938.96 280.08 886.34 215.67 52.62 64.41 181.44 3/2/2028 251.91 194.36 57.55 9/2/2028 1,001.56 251.91 940.06 194.36 61.50 57.55 176.60 3/2/2029 221.86 171.52 50.34 9/2/2029 1,055.21 221.86 975.87 171.52 79.34 50.34 180.02 3/2/2030 190.21 147.32 42.89 9/2/2030 1,126.75 190.21 1,029.58 147.32 97.17 42.89 182.95 3/2/2031 156.40 121.53 34.87 9/2/2031 1,189.35 156.40 1,074.35 121.53 115.00 34.87 184.74 3/2/2032 120.72 94.36 26.36 9/2/2032 1,260.89 120.72 1,128.07 94.36 132.82 26.36 185.54 3/2/2033 82.90 64.98 17.92 9/2/2033 1,341.37 82.90 1,190.74 64.98 150.63 17.92 186.47 3/2/2034 42.66 33.37 9.29 9/2/2034 1.421.86 42.66 1.253.41 33.37 168.45 9.29 187.03 Totals $18,180.07 $14,358.62 $17,445.63 $10,951.32 $734.43 $3,407.30 $4,141.73 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $21,335.77 Parcel Count with Same Reassessment: 30 Payment Refunded Amortization Refunding Amortization Savings Date Principal Interest Principal Interest Principal Interest Annual Total 9/2/2013 $524.95 $653.78 $0.00 $553.67 $524.95 $100.11 $625.06 3/2/2014 640.27 472.35 167.92 9/2/2014 557.76 640.27 893.46 472.35 (335.70) 167.92 0.14 3/2/2015 625.49 462.92 162.57 9/2/2015 590.57 625.49 689.80 462.92 (99.23) 162.57 225.91 3/2/2016 609.54 454.44 155.10 9/2/2016 623.38 609.54 711.70 454.44 (88.32) 155.10 221.88 3/2/2017 592.40 444.45 147.95 9/2/2017 656.19 592.40 733.60 444.45 (77.41) 147.95 218.49 3/2/2018 574.02 432.86 141.16 9/2/2018 689.00 574.02 755.50 432.86 (66.50) 141.16 215.82 3/2/2019 554.56 420.17 134.39 9/2/2019 732.75 554.56 777.40 420.17 (44.65) 134.39 224.13 3/2/2020 533.68 405.95 127.73 9/2/2020 765.56 533,68 799.30 405.95 (33.74) 127.73 221.72 3/2/2021 511.67 390.33 121.34 9/2/2021 809.30 511.67 832.15 390.33 (22.85) 121.34 219.83 3/2/2022 487.59 373.02 114.57 9/2/2022 863.99 487.59 875.94 373.02 (11.95) 114.57 217.19 3/2/2023 461.89 353.93 107.96 9/2/2023 918.67 461.89 908.79 353.93 9.88 107.96 225.80 3/2/2024 434.56 333.44 101.12 9/2/2024 973.35 434.56 952.59 333.44 20.76 101.12 223.00 3/2/2025 405.60 311.73 93.87 9/2/2025 1,028.03 405.60 996.38 311.73 31.65 93.87 219.39 3/2/2026 375.01 288.51 86.50 9/2/2026 1,082.72 375.01 1,040.18 288.51 42.54 86.50 215.54 3/2/2027 342.53 263.76 78.77 9/2/2027 1,148.34 342.53 1,083.98 263.76 64.36 78.77 221.90 3/2/2028 308.08 237.70 70.38 9/2/2028 1,224.89 308.08 1,149.67 237.70 75.22 70.38 215.98 3/2/2029 271.34 209.77 61.57 9/2/2029 1,290.51 271.34 1,193.47 209.77 97.04 61.57 220.18 3/2/2030 232.62 180.17 52.45 9/2/2030 1,378.00 232.62 1,259.17 180.17 118.83 52.45 223.73 3/2/2031 191.28 148.64 42.64 9/2/2031 1,454.56 191.28 1,313.91 148.64 140.65 42.64 225.93 3/2/2032 147.64 115.40 32.24 9/2/2032 1,542.05 147.64 1,379.61 115.40 162.44 32.24 226.92 3/2/2033 101.38 79.47 21.91 9/2/2033 1,640.48 101.38 1,456.25 79.47 184.23 21.91 228.05 3/2/2034 52.17 40.81 11.36 9/2/2034 1.738.91 52.17 1,532.90 40.81 206.01 11.36 228.73 Totals $22,233.96 $17,560.42 $21,335.77 $13,393.31 $898.21 $4,167.11 $5,065.32 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $21,335.78 Parcel Count with Same Reassessment: 51 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $524.95 $653.78 $0.00 $553.67 $524.95 $100.11 $625.06 3/2/2014 640.27 472.35 167.92 $625.06 9/2/2014 557.76 640.27 893.46 472.35 (335.70) 167.92 0.14 3/2/2015 625.49 462.92 (335.70) 162.57 9/2/2015 590.57 625.49 689.80 462.92 (99.23) 162.57 225.91 3/2/2016 609.54 454.44 (99.23) 155.10 9/2/2016 623.38 609.54 711.70 454.44 (88.32) 155.10 221.88 3/2/2017 592.40 444.45 (88.32) 147.95 9/2/2017 656.19 592.40 733.60 444.45 (77.41) 147.95 218.49 3/2/2018 574.02 432.86 (77.41) 141.16 9/2/2018 689.00 574.02 755.50 432.86 (66.50) 141.16 215.82 3/2/2019 554.56 420.17 (66.50) 134.39 9/2/2019 732.75 554.56 777.40 420.17 (44.65) 134.39 224.13 3/2/2020 533.68 405.95 (44.65) 127.73 9/2/2020 765.56 533.68 799.30 405.95 (33.74) 127.73 221.72 3/2/2021 511.67 390.33 (33.74) 121.34 9/2/2021 809.30 511.67 832.15 390.33 (22.85) 121.34 219.83 3/2/2022 487.59 373.02 (22.85) 114.57 9/2/2022 863.99 487.59 875.94 373.02 (11.95) 114.57 217.19 3/2/2023 461.89 353.93 (11.95) 107.96 9/2/2023 918.67 461.89 908.79 353.93 9.88 107.96 225.80 3/2/2024 434.56 333.44 101.12 9/2/2024 973.35 434.56 952.59 333.44 20.76 101.12 223.00 3/2/2025 405.60 311.73 93.87 9/2/2025 1,028.04 405.60 996.38 311.73 31.66 93.87 219.40 3/2/2026 375.01 288.52 86.49 9/2/2026 1,082.72 375.01 1,040.18 288.52 42.54 86.49 215.52 3/2/2027 342.53 263.76 78.77 215.52 9/2/2027 1,148.34 342.53 1,083.98 263.76 64.36 78.77 221.90 3/2/2028 308.08 237.70 70.38 9/2/2028 1,224.89 308.08 1,149.67 237.70 75.22 70.38 215.98 3/2/2029 271.34 209.77 61.57 9/2/2029 1,290.51 271.34 1,193.47 209.77 97.04 61.57 220.18 3/2/2030 232.62 180.17 52.45 9/2/2030 1,378.00 232.62 1,259.17 180.17 118.83 52.45 223.73 3/2/2031 191.28 148.64 42.64 9/2/2031 1,454.56 191.28 1,313.91 148.64 140.65 42.64 225.93 3/2/2032 147.64 115.40 32.24 9/2/2032 1,542.05 147.64 1,379.61 115.40 162.44 32.24 226.92 3/2/2033 101.38 79.47 21.91 9/2/2033 1,640.48 101.38 1,456.25 79.47 184.23 21.91 228.05 3/2/2034 52.17 40.81 11.36 228.05 9/2/2034 1,738.91 52.17 1.532.90 40.81 206.01 11.36 228.73 Totals ] $22,233.97 $17,560.42 $21,335.78 $13,393.33 $898.22 $4,167.09 $5,065.31 1 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $21,407.67 Parcel Count with Same Reassessment: 92 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $526.72 $655.99 $0.00 $555.54 $526.72 $100.45 $627.17 3/2/2014 642.42 473.94 168.48 9/2/2014 559.64 642.42 896.47 473.94 (336.83) 168.48 0.13 3/2/2015 627.59 464.48 163.11 9/2/2015 592.56 627.59 692.13 464.48 (99.57) 163.11 226.65 3/2/2016 611.59 455.97 155.62 9/2/2016 625.48 611.59 714.10 455.97 (88.62) 155.62 222.62 3/2/2017 594.39 445.94 148.45 9/2/2017 658.40 594.39 736.07 445.94 (77.67) 148.45 219.23 3/2/2018 575.96 434.32 141.64 9/2/2018 691.32 575.96 758.05 434.32 (66.73) 141.64 216.55 3/2/2019 556.43 421.59 134.84 9/2/2019 735.22 556.43 780.02 421.59 (44.80) 134.84 224.88 3/2/2020 535.47 407.32 128.15 9/2/2020 768.14 535.47 801.99 407.32 (33.85) 128.15 222.45 3/2/2021 513.39 391.64 121.75 9/2/2021 812.03 513.39 834.95 391.64 (22.92) 121.75 220.58 3/2/2022 489.23 374.28 114.95 9/2/2022 866.90 489.23 878.89 374.28 (11.99) 114.95 217.91 3/2/2023 463.44 355.12 108.32 9/2/2023 921.77 463.44 911.85 355.12 9.92 108.32 226.56 3/2/2024 436.02 334.57 101.45 9/2/2024 976.63 436.02 955.80 334.57 20.83 101.45 223.73 3/2/2025 406.97 312.78 94.19 9/2/2025 1,031.50 406.97 999.74 312.78 31.76 94.19 220.14 3/2/2026 376.28 289.49 86.79 9/2/2026 1,086.37 376.28 1,043.69 289.49 42.68 86.79 216.26 3/2/2027 343.69 264.65 79.04 9/2/2027 1,152.21 343.69 1,087.63 264.65 64.58 79.04 222.66 3/2/2028 309.12 238.50 70.62 9/2/2028 1,229.02 309.12 1,153.55 238.50 75.47 70.62 21671 3/2/2029 272.25 210.47 61.78 9/2/2029 1,294.86 272.25 1,197.49 210.47 97.37 61.78 220.93 3/2/2030 233.40 180.78 52.62 9/2/2030 1,382.65 233.40 1,263.41 180.78 119.24 52.62 224.48 3/2/2031 191.92 149.14 42.78 9/2/2031 1,459.46 191.92 1,318.34 149.14 141.12 42.78 226.68 3/2/2032 148.14 115.79 32.35 9/2/2032 1,547.25 148.14 1,384.26 115.79 162.99 32.35 227.69 3/2/2033 101.72 79.74 21.98 9/2/2033 1,646.01 101.72 1,461.16 79.74 184.85 21.98 228.81 3/2/2034 52.34 40.95 11.39 9/2/2034 1.744.77 52.34 1.538.07 40.95 206.70 11.39 229.48 Totals $22,308.91 $17,619.51 $21,407.67 $13,438.46 $901.25 $4,181.05 $5,082.30 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $21,407.68 Parcel Count with Same Reassessment: 8 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $526.72 $655.99 $0.00 $555.54 $526.72 $100.45 $627.17 3/2/2014 642.42 473.94 168.48 9/2/2014 559.64 642.42 896.47 473.94 (336.83) 168.48 0.13 3/2/2015 627.59 464.48 163.11 9/2/2015 592.56 627.59 692.13 464.48 (99.57) 163.11 226.65 3/2/2016 611.59 455.97 155.62 9/2/2016 625.48 611.59 714.10 455.97 (88.62) 155.62 222.62 3/2/2017 594.39 445.94 148.45 9/2/2017 658.40 594.39 736.07 445.94 (77.67) 148.45 219.23 3/2/2018 575.96 434.32 141.64 9/2/2018 691.32 575.96 758.05 434.32 (66.73) 141.64 216.55 3/2/2019 556.43 421.59 134.84 9/2/2019 735.22 556.43 780.02 421.59 (44.80) 134.84 224.88 3/2/2020 535.47 407.32 128.15 9/2/2020 768.14 535.47 801.99 407.32 (33.85) 128.15 222.45 3/2/2021 513.39 391.64 121.75 9/2/2021 812.03 513.39 834.95 391.64 (22.92) 121.75 220.58 3/2/2022 489.23 374.28 114.95 9/2/2022 866.90 489.23 878.89 374.28 (11.99) 114.95 217.91 3/2/2023 463.44 355.12 108.32 9/2/2023 921.77 463.44 911.85 355.12 9.92 108.32 226.56 3/2/2024 436.02 334.57 101.45 9/2/2024 976.63 436.02 955.80 334.57 20.83 101.45 223.73 3/2/2025 406.97 312.78 94.19 9/2/2025 1,031.50 406.97 999.74 312.78 31.76 94.19 220.14 3/2/2026 376.28 289.49 86.79 9/2/2026 1,086.37 376.28 1,043.69 289.49 42.68 86.79 216.26 3/2/2027 343.69 264.65 79.04 9/2/2027 1,152.21 343.69 1,087.63 264.65 64.58 79.04 222.66 3/2/2028 309.12 238.50 70.62 9/2/2028 1,229.02 309.12 1,153.55 238.50 75.47 70.62 216.71 3/2/2029 272.25 210.47 61.78 9/2/2029 1,294.86 272.25 1,197.49 210.47 97.37 61.78 220.93 3/2/2030 233.40 180.78 52.62 9/2/2030 1,382.65 233.40 1,263.41 180.78 119.24 52.62 224.48 3/2/2031 191.92 149.14 42.78 9/2/2031 1,459.46 191.92 1,318.34 149.14 141.12 42.78 226.68 3/2/2032 148.14 115.79 32.35 9/2/2032 1,547.25 148.14 1,384.26 115.79 162.99 32.35 227.69 3/2/2033 101.72 79.74 21.98 9/2/2033 1,646.01 101.72 1,461.16 79.74 184.85 21.98 228.81 3/2/2034 52.34 40.95 11.39 9/2/2034 1.744.77 52.34 1.538.07 40.95 206.70 11.39 229.48 Totals $22,308.91 $17,619.51 $21,407.68 $13,438.46 $901.25 $4,181.05 $5,082.30 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison ofthe Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $21,407.69 Parcel Count with Same Reassessment: 14 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $526.72 $655.99 $0.00 $555.54 $526.72 $100.45 $627.17 3/2/2014 642.42 473.94 168.48 9/2/2014 559.64 642.42 896.47 473.94 (336.83) 168.48 0.13 3/2/2015 627.59 464.48 163.11 9/2/2015 592.56 627.59 692.13 464.48 (99.57) 163.11 226.65 3/2/2016 611.59 455.97 155.62 9/2/2016 625.48 611.59 714.10 455.97 (88.62) 155.62 222.62 3/2/2017 594.39 445.94 148.45 9/2/2017 658.40 594.39 736.07 445.94 (77.67) 148.45 219.23 3/2/2018 575.96 434.32 141.64 9/2/2018 691.32 575.96 758.05 434.32 (66.73) 141.64 216.55 3/2/2019 556.43 421.59 134.84 9/2/2019 735.22 556.43 780.02 421.59 (44.80) 134.84 224.88 3/2/2020 535.47 407.32 128.15 9/2/2020 768.14 535.47 801.99 407.32 (33.85) 128.15 222.45 3/2/2021 513.39 391.64 121.75 9/2/2021 812.03 513.39 834.95 391.64 (22.92) 121.75 220.58 3/2/2022 489.23 374.28 114.95 9/2/2022 866.90 489.23 878.90 374.28 (12.00) 114.95 217.90 3/2/2023 463.44 355.12 108.32 9/2/2023 921.77 463.44 911.85 355.12 9.92 108.32 226.56 3/2/2024 436.02 334.57 101.45 9/2/2024 976.63 436.02 955.80 334.57 20.83 101.45 223.73 3/2/2025 406.97 312.78 94.19 9/2/2025 1,031.50 406.97 999.74 312.78 31.76 94.19 220.14 3/2/2026 376.28 289.49 86.79 9/2/2026 1,086.37 376.28 1,043.69 289.49 42.68 86.79 216.26 3/2/2027 343.69 264.65 79.04 9/2/2027 1,152.21 343.69 1,087.63 264.65 64.58 79.04 222.66 3/2/2028 309.12 238.50 70.62 9/2/2028 1,229.02 309.12 1,153.55 238.50 75.47 70.62 216.71 3/2/2029 272.25 210.47 61.78 9/2/2029 1,294.86 272.25 1,197.49 210.47 97.37 61.78 220.93 3/2/2030 233.40 180.78 52.62 9/2/2030 1,382.65 233.40 1,263.41 180.78 119.24 52.62 224.48 3/2/2031 191.92 149.14 42.78 9/2/2031 1,459.46 191.92 1,318.34 149.14 141.12 42.78 226.68 3/2/2032 148.14 115.79 32.35 9/2/2032 1,547.25 148.14 1,384.26 115.79 162.99 32.35 227.69 3/2/2033 101.72 79.74 21.98 9/2/2033 1,646.01 101.72 1,461.16 79.74 184.85 21.98 228.81 3/2/2034 52.34 40.95 11.39 9/2/2034 1.744.77 52.34 1.538.07 40.95 206.70 11.39 229.48 Totals $22,308.91 $17,619.51 $21,407.69 $13,438.46 $901.24 $4,181.05 $5,082.29 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4, 2012 Comparison of the Refunded Parcel's Amortization with the Refunding Parcel's Amortization APN: See Reassessment Roll Unique Reassessment Amount: $21,407.69 Parcel Count with Same Reassessment: 14 Payment Date Refunded Amortization Principal Interest Refunding Amortization Principal Interest Principal Savings Interest Annual Total 9/2/2013 $526.72 $655.99 $0.00 $555.54 $526.72 $100.45 $627.17 3/2/2014 642.42 473.94 168.48 9/2/2014 559.64 642.42 896.47 473.94 (336.83) 168.48 0.13 3/2/2015 627.59 464.48 163.11 9/2/2015 592.56 627.59 692.13 464.48 (99.57) 163.11 226.65 3/2/2016 611.59 455.97 155.62 9/2/2016 625.48 611.59 714.10 455.97 (88.62) 155.62 222.62 3/2/2017 594.39 445.94 148.45 9/2/2017 658.40 594.39 736.07 445.94 (77.67) 148.45 219.23 3/2/2018 575.96 434.32 141.64 9/2/2018 691.32 575.96 758.05 434.32 (66.73) 141.64 216.55 3/2/2019 556.43 421.59 134.84 9/2/2019 735.22 556.43 780.02 421.59 (44.80) 134.84 224.88 3/2/2020 535.47 407.32 128.15 9/2/2020 768.14 535.47 801.99 407.32 (33.85) 128.15 222.45 3/2/2021 513.39 391.64 121.75 9/2/2021 812.03 513.39 834.95 391.64 (22.92) 121.75 220.58 3/2/2022 489.23 374.28 114.95 9/2/2022 866.90 489.23 878.90 374.28 (12.00) 114.95 217.90 3/2/2023 463.44 355.12 108.32 9/2/2023 921.77 463.44 911.85 355.12 9.92 108.32 226.56 3/2/2024 436.02 334.57 101.45 9/2/2024 976.63 436.02 955.80 334.57 20.83 101.45 223.73 3/2/2025 406.97 312.78 94.19 9/2/2025 1,031.50 406.97 999.74 312.78 31.76 94.19 220.14 3/2/2026 376.28 289.49 86.79 9/2/2026 1,086.37 376.28 1,043.69 289.49 42.68 86.79 216.26 3/2/2027 343.69 264.65 79.04 9/2/2027 1,152.21 343.69 1,087.63 264.65 64.58 79.04 222.66 3/2/2028 309.12 238.50 70.62 9/2/2028 1,229.02 309.12 1,153.55 238.50 75.47 70.62 216.71 3/2/2029 272.25 210.47 61.78 9/2/2029 1,294.86 272.25 1,197.49 210.47 97.37 61.78 220.93 3/2/2030 233.40 180.78 52.62 9/2/2030 1,382.65 233.40 1,263.41 180.78 119.24 52.62 224.48 3/2/2031 191.92 149.14 42.78 9/2/2031 1,459.46 191.92 1,318.34 149.14 141.12 42.78 226.68 3/2/2032 148.14 115.79 32.35 9/2/2032 1,547.25 148.14 1,384.26 115.79 162.99 32.35 227.69 3/2/2033 101.72 79.74 21.98 9/2/2033 1,646.01 101.72 1,461.16 79.74 184.85 21.98 228.81 3/2/2034 52.34 40.95 11.39 9/2/2034 1.744.77 52.34 1.538.07 40.95 206.70 11.39 229.48 Totals $22,308.91 $17,619.51 $21,407.69 $13,438.46 $901.24 $4,181.05 $5,082.29 City of Carlsbad Reassessment District No. 2012-1, City of Carlsbad Prepared by NBS - December 4,2012 REASSESSMENT ROLL City of Carisbad Reassessment District No. 2012-1 Reassessment Report Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll TOTAL AS ESSMENT ID ASSESSOR'S PARCEL NUMBER PRELIMINARILY APPROVED 1 213-110-01-00 $234,078.86 2 213-112-39-01 7,446.60 3 213-112-39-02 7,446.53 4 213-112-39-03 7,446.53 5 213-112-39-04 7,446.53 6 213-112-39-05 7,446.53 7 213-112-41-01 7,446.53 8 213-112-41-02 7,446.53 9 213-112-41-03 7,446.53 10 213-112-41-04 7,446.53 11 213-112-41-05 7,446.53 12 213-112-42-01 7,446.53 13 213-112-42-02 7,446.53 14 213-112-42-03 7,446.53 15 213-112-43-01 7,446.53 16 213-112-43-02 7,446.53 17 213-112^3-03 7,446.52 18 213-112-43-04 7,446.52 19 213-112-43-05 7,446.52 20 213-112-43-06 7,446.52 21 213-112-44-01 7,446.53 22 213-112-44-02 7,446.53 23 213-112-44-04 7,446.53 24 213-112^4-05 7,446.53 25 213-112-46-01 7,446.52 26 213-112-46-02 7,446.52 27 213-112-46-03 7,446.52 28 213-112-46-04 7,446.52 29 213-112-47-01 7,446.53 30 213-112-47-02 7,446.53 31 213-112-47-03 7,446.53 32 213-112-47-04 7,446.53 33 213-112-48-01 7,446.52 34 213-112-48-02 7,446.52 35 213-112-48-03 7,446.52 36 213-112-48-04 7,446.52 37 213-112-49-01 7,446.52 38 213-112-49-02 7,446.52 39 213-112-49-03 7,446.52 40 213-112^9-04 7,446.52 41 213-112-50-01 7,446.52 42 213-112-50-02 7,446.52 43 213-112-50-03 7,446.52 44 213-112-50-04 7,446.52 45 213-112-51-01 7,446.53 46 213-112-51-02 7,446.53 47 213-112-51-03 7,446.53 AS CONFIRMED AND RECORDED City ofCarlsbad Reassessment District No. 2012-1 - City ofCarlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll >ESSMENT ID ASSESSOR'S PARCEL NUMBER PRELIMINARILY APPROVED 48 213-112-51-04 7,446.53 49 213-112-53-01 7,446.50 50 213-112-53-02 7,446.54 51 213-112-53-03 7,446.54 52 213-112-53-04 7,446.54 53 213-112-54-01 7,446.54 54 213-112-54-02 7,446.54 55 213-112-54-03 7,446.54 56 213-112-54-04 7,446.54 57 213-112-55-01 7,446.54 58 213-112-55-02 7,446.54 59 213-112-55-03 7,446.54 60 213-112-55-04 7,446.54 61 213-112-56-01 7,446.51 62 213-112-56-02 7,446.54 63 213-112-56-03 7,446.54 64 213-112-56-04 7,446.54 65 213-112-56-05 7,446.54 66 213-112-56-06 7,446.54 67 213-112-56-07 7,446.54 68 213-112-57-01 7,446.50 69 213-112-57-02 7,446.53 70 213-112-57-03 7,446.53 71 213-112-57-04 7,446.53 72 213-112-58-01 7,446.53 73 213-112-58-02 7,446.53 74 213-112-58-03 7,446.53 75 213-112-58-04 7,446.53 76 213-112-59-01 7,446.53 77 213-112-59-02 7,446.53 78 213-112-59-03 7,446.53 79 213-112-61-01 7,446.53 80 213-112-61-02 7,446.53 81 213-112-61-03 7,446.53 82 213-112-61-04 7,446.53 83 213-112-61-05 7,446.53 84 213-112-61-06 7,446.53 85 213-112-62-01 7,446.50 86 213-112-62-02 7,446.52 87 213-112-62-03 7,446.53 88 213-121-02-00 45,265.91 89 213-122-07-00 17,543.13 90 213-122-17-00 720,297.20 91 213-130-01-00 15,501.23 92 213-130-02-00 15,501.23 93 213-130-03-00 15,501.23 94 213-130-04-00 15,501.23 TOTAL AS AS CONFIRMED AND RECORDED City of Carlsbad Reassessment District No. 2012-1 - City of Carlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll REASSESSMENT ID ASSESSOR'S PARCEL NUMBER TOTAL AS PRELIMINARILY APPROVED AS CONFIRMED AND RECORDED 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 City of Carlsbad Reassessment District Prepared by NBS - December 4, 2012 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 3-1 No. 30-05- 30-06- 30-07- 30-08- 30-09- 30-10- 30-11- 30-12- 30-13- 30-14- 30-15- 30-16- 30-17- 30-18- 30-19- 30-20- 30-21- 30-22- 30-23- 30-24- 30-25- 30-26- 30-27- 30-28- 30-29- 30-30- 30-31- 30-32- 30-33- 30-34- 30-35- 30-36- 30-37- 30-38- 30-39- 30-40- 30-41- 30-42- 30-43- 30-44- 30-45- 30-46- 30-47- 30-48- 30-49- 30-50- 30-51- 2012-1 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 - City of Carlsbad 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll TOTAL AS REASSESSMENT ASSESSOR'S PRELIMINARILY ID PARCEL NUMBER APPROVED 142 213-130-52-00 15,501.23 143 213-130-53-00 15,501.23 144 213-130-54-00 15,501.23 145 213-130-55-00 15,501.23 146 213-130-56-00 15,501.23 147 213-130-57-00 15,501.23 148 213-130-58-00 15,501.23 149 213-130-59-00 15,501.23 150 213-130-60-00 15,501.23 151 213-130-61-00 15,501.23 152 213-130-62-00 15,501.23 153 213-130-63-00 15,501.23 154 213-140-01-00 15,501.23 155 213-140-02-00 15,501.23 156 213-140-03-00 15,501.23 157 213-140-04-00 15,501.23 158 213-140-05-00 15,501.23 159 213-140-06-00 15,501.23 160 213-140-07-00 15,501.23 161 213-140-08-00 15,501.23 162 213-140-09-00 15,501.23 163 213-140-10-00 15,501.23 164 213-140-11-00 15,501.23 165 213-140-12-00 15,501.23 166 213-140-13-00 15,501.23 167 213-140-14-00 15,501.23 168 213-140-15-00 15,501.23 169 213-140-16-00 15,501.23 170 213-140-17-00 15,501.23 171 213-140-18-00 15,501.23 172 213-140-19-00 15,501.23 173 213-140-20-00 15,501.23 174 213-140-21-00 15,501.23 175 213-140-22-00 15,501.23 176 213-140-23-00 15,501.23 177 213-140-24-00 15,501.23 178 213-140-25-00 15,501.23 179 213-140-26-00 15,501.23 180 213-140-27-00 15,501.23 181 213-140-28-00 15,501.23 182 213-140-29-00 15,501.23 183 213-140-30-00 15,501.23 184 213-140-31-00 15,501.23 185 213-140-32-00 15,501.23 186 213-140-33-00 15,501.23 187 213-140-34-00 15,501.23 188 213-140-35-00 15,501.23 AS CONFIRMED AND RECORDED City of Carlsbad Reassessment District No. 2012-1 - City of Carlsbad Prepared by NBS - December 4,2012 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll REASSESSMENT ID ASSESSOR'S PARCEL NUMBER TOTAL AS PRELIMINARILY APPROVED AS CONFIRMED AND RECORDED 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 City of Carlsbad Reassessment District Prepared by NBS - December 4, 2012 3-141-01- 3-141-02- 3-141-03- 3-141-04- 3-141-05- 3-141-06- 3-141-07- 3-141-08- 3-141-09- 3-141-10- 3-141-11- 3-141-12- 3-141-13- 3-141-14- 3-141-15- 3-141-16- 3-141-17- 3-141-18- 3-141-19- 3-141-20- 3-141-21- 3-141-22- 3-141-23- 3-141-24- 3-141-25- 3-141-26- 3-141-27- 3-141-28- 3-141-29- 3-141-30- 3-141-31- 3-141-32- 3-141-33- 3-141-34- 3-141-35- 3-141-36- 3-141-37- 3-141-38- 3-141-39- 3-141-40- 3-141-41- 3-141-42- 3-141-43- 3-141-44- 3-141-45- 3-141-46- 3-141-47- No. 2012-1 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 - City of Carlsbad 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll TOTAL AS REASSESSMENT ASSESSOR'S PRELIMINARILY ID PARCEL NUMBER APPROVED 236 213-141-48-00 15,501.23 237 213-141-49-00 15,501.23 238 213-141-50-00 15,501.23 239 213-141-51-00 15,501.23 240 213-141-52-00 15,501.23 241 213-141-53-00 15,501.23 242 213-141-54-00 15,501.23 243 213-141-55-00 15,501.23 244 213-141-56-00 15,501.23 245 213-141-57-00 15,501.23 246 213-141-58-00 15,501.23 247 213-141-59-00 15,501.23 248 213-141-60-00 15,501.23 249 213-150-01-00 15,501.23 250 213-150-02-00 15,501.23 251 213-150-03-00 15,501.23 252 213-150-04-00 15,501.23 253 213-150-05-00 15,501.23 254 213-150-06-00 15,501.23 255 213-150-07-00 15,501.23 256 213-150-08-00 15,501.23 257 213-150-09-00 15,501.23 258 213-150-10-00 15,501.23 259 213-150-11-00 15,501.23 260 213-150-12-00 15,501.23 261 213-150-13-00 15,501.23 262 213-150-14-00 15,501.23 263 213-150-15-00 15,501.23 264 213-150-16-00 15,501.23 265 213-150-17-00 15,501.23 266 213-150-18-00 15,501.23 267 213-150-19-00 15,501.23 268 213-150-20-00 15,501.23 269 213-150-21-00 15,501.23 270 213-150-22-00 15,501.23 271 213-150-23-00 15,501.23 272 213-150-24-00 15,501.23 273 213-150-25-00 15,501.23 274 213-150-26-00 15,501.23 275 213-150-27-00 15,501.23 276 213-150-28-00 15,501.23 277 213-150-29-00 15,501.23 278 213-150-30-00 15,501.23 279 213-150-31-00 15,501.23 280 213-150-32-00 15,501.23 281 213-150-33-00 15,501.23 282 213-150-34-00 15,501.23 AS CONFIRMED AND RECORDED City OfCarlsbad Reassessment District No. 2012-1 - City ofCarlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll TOTAL AS REASSESSMENT ID ASSESSOR'S PARCEL NUMBER PRELIMINARILY APPROVED 283 213-150-35-00 15,501.23 284 213-150-36-00 15,501.23 285 213-150-37-00 15,501.23 286 213-150-38-00 15,501.23 287 213-150-39-00 15,501.23 288 213-150-40-00 15,501.23 289 213-150-41-00 15,501.23 290 213-150-42-00 15,501.23 291 213-151-01-00 15,501.23 292 213-151-02-00 15,501.23 293 213-151-03-00 15,501.23 294 213-151-04-00 15,501.23 295 213-151-05-00 15,501.23 296 213-151-06-00 15,501.23 297 213-151-07-00 15,501.23 298 213-151-08-00 15,501.23 299 213-151-09-00 15,501.23 300 213-151-10-00 15,501.23 301 213-151-11-00 15,501.23 302 213-151-12-00 15,501.23 303 213-151-13-00 15,501.23 304 213-151-14-00 15,501.23 305 213-151-15-00 15,501.23 306 213-151-16-00 15,501.23 307 213-151-17-00 15,501.23 308 213-151-18-00 15,501.23 309 213-151-19-00 15,501.23 310 213-151-20-00 15,501.23 311 213-151-21-00 15,501.23 312 213-151-22-00 15,501.23 313 213-151-23-00 15,501.23 314 213-151-24-00 15,501.23 315 213-151-25-00 15,501.23 316 213-151-26-00 15,501.23 317 213-151-27-00 15,501.23 318 213-151-28-00 15,501.23 319 213-151-29-00 15,501.23 320 213-151-30-00 15,501.23 321 213-151-31-00 15,501.23 322 213-151-32-00 15,501.23 323 213-151-33-00 15,501.23 324 213-151-34-00 15,501.23 325 213-151-35-00 15,501.23 326 213-151-36-00 15,501.23 327 213-151-37-00 15,501.23 328 213-151-38-00 15,501.23 329 213-151-39-00 15,501.23 AS CONFIRMED AND RECORDED City of Carlsbad Reassessment District No. 2012-1 - City of Carlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll REASSESSMENT ID ASSESSOR'S PARCEL NUMBER TOTAL AS PRELIMINARILY APPROVED AS CONFIRMED AND RECORDED 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 213-151-40-00 213-151-41-00 213-151-42-00 213-151-43-00 213-151-44-00 213-151-45-00 213-151-46-00 213-151-47-00 213-151-48-00 213-151-49-00 213-151-50-00 213-151-51-00 213-151-52-00 213-151-53-00 213-160-01-00 213-160-02-00 213-160-03-00 213-160-04-00 213-160-05-00 213-160-06-00 213-160-07-00 213-160-08-00 213-160-09-00 213-160-10-00 213-160-11-00 213-160-12-00 213-160-13-00 213-160-14-00 213-160-15-00 213-160-16-00 213-160-17-00 213-160-18-00 213-160-19-00 213-160-20-00 213-160-21-00 213-160-22-00 213-161-01-00 213-161-02-00 213-161-03-00 213-161-04-00 213-161-05-00 213-161-06-00 213-161-07-00 213-161-08-00 213-161-09-00 213-161-10-00 213-161-11-00 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 City OfCarlsbad Reassessment District No. 2012-1 - City ofCarlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll TOTAL AS REASSESSMENT ID ASSESSOR'S PARCEL NUMBER PRELIMINARILY APPROVED 377 213-161-12-00 15,501.23 378 213-161-13-00 15,501.23 379 213-162-01-00 15,501.23 380 213-162-02-00 15,501.23 381 213-162-03-00 15,501.23 382 213-162-04-00 15,501.23 383 213-162-05-00 15,501.23 384 213-162-06-00 15,501.23 385 213-162-07-00 15,501.23 386 213-162-08-00 15,501.23 387 213-162-09-00 15,501.23 388 213-162-10-00 15,501.23 389 213-162-11-00 15,501.23 390 213-162-12-00 15,501.23 391 213-162-13-00 15,501.23 392 213-162-14-00 15,501.23 393 213-162-15-00 15,501.23 394 213-162-16-00 15,501.23 395 213-162-17-00 15,501.23 396 213-162-18-00 15,501.23 397 213-162-19-00 15,501.23 398 213-162-20-00 15,501.23 399 213-162-21-00 15,501.23 400 213-162-22-00 15,501.23 401 213-162-23-00 15,501.23 402 213-162-24-00 15,501.23 403 213-162-26-00 15,501.23 404 213-162-27-00 15,501.23 405 213-162-28-00 15,501.23 406 213-162-29-00 15,501.23 407 213-162-30-00 15,501.23 408 213-162-31-00 15,501.23 409 213-162-32-00 15,501.23 410 213-162-33-00 15,501.23 411 213-162-34-00 15,501.23 412 213-162-35-00 15,501.23 413 213-170-01-00 15,501.23 414 213-170-02-00 15,501.23 415 213-170-03-00 15,501.23 416 213-170-04-00 15,501.23 417 213-170-05-00 15,501.23 418 213-170-06-00 15,501.23 419 213-170-07-00 15,501.23 420 213-170-08-00 15,501.23 421 213-170-09-00 15,501.23 422 213-170-10-00 15,501.23 423 213-170-11-00 15,501.23 AS CONFIRMED AND RECORDED City ofCarlsbad Reassessment District No. 2012-1 - City ofCarlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll REASSESSMENT ID ASSESSOR'S PARCEL NUMBER TOTAL AS PRELIMINARILY APPROVED AS CONFIRMED AND RECORDED 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 213-170-12-00 213-170-13-00 213-170-14-00 213-170-15-00 213-170-16-00 213-170-17-00 213-170-18-00 213-170-19-00 213-170-20-00 213-170-21-00 213-170-22-00 213-170-23-00 213-170-24-00 213-170-25-00 213-170-26-00 213-170-27-00 213-170-28-00 213-170-29-00 213-170-30-00 213-170-31-00 213-170-32-00 213-170-33-00 213-170-34-00 213-170-35-00 213-170-36-00 213-170-37-00 213-170-38-00 213-170-39-00 213-170-40-00 213-170-41-00 213-170-42-00 213-170-43-00 213-170-44-00 213-170-45-00 213-170-46-00 213-170-47-00 213-170-48-00 213-170-49-00 213-170-50-00 213-170-51-00 213-171-01-00 213-171-02-00 213-171-03-00 213-171-04-00 213-171-05-00 213-171-06-00 213-171-07-00 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 City of Carlsbad Reassessment District No. 2012-1 - City ofCarlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll REASSESSMENT ID ASSESSOR'S PARCEL NUMBER PRELIMINARILY APPROVED 471 213-171-08-00 15,501.23 472 213-171-09-00 15,501.23 473 213-171-10-00 15,501.23 474 213-171-11-00 15,501.23 475 213-171-12-00 15,501.23 476 213-171-13-00 15,501.23 477 213-171-14-00 15,501.23 478 213-171-15-00 15,501.23 479 213-171-16-00 15,501.23 480 213-171-17-00 15,501.23 481 213-171-18-00 15,501.23 482 213-171-19-00 15,501.23 483 213-171-20-00 15,501.23 484 213-171-21-00 15,501.23 485 213-171-22-00 15,501.23 486 213-171-23-00 15,501.23 487 213-171-24-00 15,501.23 488 213-171-25-00 15,501.23 489 213-171-26-00 15,501.23 490 213-171-27-00 15,501.23 491 213-171-28-00 15,501.23 492 213-171-29-00 15,501.23 493 213-171-30-00 15,501.23 494 213-171-31-00 15,501.23 495 213-171-32-00 15,501.23 496 213-171-33-00 15,501.23 497 213-180-01-00 15,501.23 498 213-180-02-00 15,501.23 499 213-180-03-00 15,501.23 500 213-180-04-00 15,501.23 501 213-180-05-00 15,501.23 502 213-180-06-00 15,501.23 503 213-180-07-00 15,501.23 504 213-180-08-00 15,501.23 505 213-180-09-00 15,501.23 506 213-180-10-00 15,501.23 507 213-180-11-00 15,501.23 508 213-180-12-00 15,501.23 509 213-180-13-00 15,501.23 510 213-180-14-00 15,501.23 511 213-180-15-00 15,501.23 512 213-180-16-00 15,501.23 513 213-180-17-00 15,501.23 514 213-180-18-00 15,501.23 515 213-180-19-00 15,501.23 516 213-180-20-00 15,501.23 517 213-180-21-00 15,501.23 TOTAL AS AS CONFIRMED AND RECORDED City of Carlsbad Reassessment District No. 2012-1 - City of Carlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll TOTAL AS REASSESSMENT ASSESSOR'S PRELIMINARILY ID PARCEL NUMBER APPROVED 518 213-180-22-00 15,501.23 519 213-180-23-00 15,501.23 520 213-180-24-00 15,501.23 521 213-180-25-00 15,501.23 522 213-180-26-00 15,501.23 523 213-180-27-00 15,501.23 524 213-180-28-00 15,501.23 525 213-181-01-00 15,501.23 526 213-181-02-00 15,501.23 527 213-181-03-00 15,501.23 528 213-181-04-00 15,501.23 529 213-181-05-00 15,501.23 530 213-181-06-00 15,501.23 531 213-181-07-00 15,501.23 532 213-181-08-00 15,501.23 533 213-181-09-00 15,501.23 534 213-181-10-00 15,501.23 535 213-181-11-00 15,501.23 536 213-181-12-00 15,501.23 537 213-181-13-00 15,501.23 538 213-181-14-00 15,501.23 539 213-181-15-00 15,501.23 540 213-181-16-00 15,501.23 541 213-181-17-00 15,501.23 542 213-181-18-00 15,501.23 543 213-181-19-00 15,501.23 544 213-181-20-00 15,501.23 545 213-181-21-00 15,501.23 546 213-181-22-00 15,501.23 547 213-181-23-00 15,501.23 548 213-181-24-00 15,501.23 549 213-181-25-00 15,501.23 550 213-181-26-00 15,501.23 551 213-181-27-00 15,501.23 552 213-181-28-00 15,501.23 553 213-181-29-00 15,501.23 554 213-181-30-00 15,501.23 555 213-181-31-00 15,501.23 556 213-181-32-00 15,501.23 557 213-181-33-00 15,501.23 558 213-181-34-00 15,501.23 559 213-181-35-00 15,501.23 560 213-181-36-00 15,501.23 561 213-181-37-00 15,501.23 562 213-181-38-00 15,501.23 563 213-181-39-00 15,501.23 564 213-181-40-00 15,501.23 AS CONFIRMED AND RECORDED City of Carlsbad Reassessment District No. 2012-1 - City of Carlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll REASSESSMENT ID ASSESSOR'S PARCEL NUMBER TOTAL AS PRELIMINARILY APPROVED AS CONFIRMED AND RECORDED 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 City of Carlsbad Reassessment District Prepared by NBS - December 4, 2012 3-181-41- 3-181-42 3-181-43- 181-44 181-45- 181-46- 181-47- 181-48- 181-49- 181-50- 181-51- 181-52- 3-181-53- 3-181-54- 3-181-55- 3-181-56- 3-181-57- 3-181-58- 3-181-59- 3-181-60- 3-181-61- 3-181-62- 3-181-63- 3-190-02- 3-191-09- 3-191-10- 3-191-11- 3-191-14- 3-191-15- 3-191-25- 3-191-26- 3-200-01- 3-200-02- 3-200-03- 3-200-04- 3-200-05- 3-200-06- 3-200-07- 3-200-08- 3-200-09- 3-200-10- 3-200-11- 3-200-12- 3-200-13- 3-200-14- 3-200-15- 3-200-16- No. 2012-1 •00 •00 •00 •00 •00 •00 00 •00 00 •00 00 00 00 00 •00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 - City of Carlsbad 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 15,501.23 256,681.50 55,311.91 143,257.85 51,329.46 119,252.48 484,864.21 276,891.44 229,323.18 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll REASSESSMENT ID ASSESSOR'S PARCEL NUMBER TOTAL AS PRELIMINARILY APPROVED AS CONFIRMED AND RECORDED 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 City of Carlsbad Reassessment District Prepared by NBS - December 4, 2012 3-200-17- 3-200-18- 3-200-19- 3-200-20- 3-200-21- 3-200-22- 3-201-01- 3-201-02- 3-201-03- 3-201-04- 3-201-05- 3-201-06- 3-201-07- 3-201-08- 3-201-09- 3-201-10- 3-201-11- 3-201-12- 3-201-13- 3-201-14- 3-201-15- 3-201-16- 3-201-17- 3-201-18- 3-201-19- 3-201-20- 3-201-21- 3-202-01- 3-202-02- 3-202-03- 3-202-04- 3-202-05- 3-202-06- 3-202-07- 3-202-08- 3-202-09- 3-202-10- 3-202-11- 3-202-12- 3-202-13- 3-202-14- 3-202-15- 3-202-16- 3-202-17- 3-202-18- 3-202-19- 3-202-20- No. 2012-1 -00 •00 -00 •00 -00 -00 •00 •00 •00 •00 •00 •00 •00 •00 •00 •00 •00 •00 •00 •00 •00 00 •00 •00 •00 •00 •00 •00 00 •00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 - City of Carlsbad 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll REASSESSMENT ID ASSESSOR'S PARCEL NUMBER TOTAL AS PRELIMINARILY APPROVED AS CONFIRMED AND RECORDED 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 City of Carlsbad Reassessment District Prepared by NBS - December 4, 2012 3-202-21 3-210-01• 3-210-02 3-210-03 3-210-04^ 3-210-05^ 3-210-06- 3-210-07^ 3-210-08- 3-211-01 3-211-02 3-211-03^ 3-211-04 3-211-05^ 3-211-06- 3-211-07- 3-211-08- 3-211-09- 3-211-10- 3-211-11- 3-211-12- 3-211-13- 3-211-14- 3-211-15- 3-212-01- 3-212-02- 3-212-03- 3-212-04- 3-212-05- 3-212-06- 3-212-07- 3-212-08- 3-212-09- 3-212-10- 3-212-11- 3-212-12- 3-212-13- 3-220-01- 3-220-02- 3-220-03- 3-220-04- 3-220-05- 3-220-06- 3-220-07- 3-220-08- 3-220-09- 3-220-10- No. 2012-1 -00 -00 -00 -00 -00 -00 00 •00 00 •00 •00 •00 •00 •00 •00 00 •00 •00 •00 •00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 - City of Carlsbad 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll TOTAL AS REASSESSMENT ID ASSESSOR'S PARCEL NUMBER PRELIMINARILY APPROVED 706 213-220-11-00 9,361.51 707 213-220-12-00 9,361.51 708 213-220-13-00 9,361.51 709 213-220-14-00 9,361.51 710 213-220-15-00 9,361.51 711 213-220-16-00 9,361.51 712 213-220-17-00 9,361.51 713 213-220-18-00 9,361.51 714 213-220-19-00 9,361.51 715 213-220-20-00 9,361.51 716 213-220-21-00 9,361.51 717 213-220-22-00 9,361.51 718 213-220-23-00 9,361.51 719 213-220-24-00 9,361.51 720 213-220-25-00 9,361.51 721 213-221-01-00 9,361.51 722 213-221-02-00 9,361.51 723 213-221-03-00 9,361.51 724 213-221-04-00 9,361.51 725 213-221-05-00 9,361.51 726 213-221-06-00 9,361.51 727 213-221-07-00 9,361.51 728 213-221-08-00 9,361.51 729 213-221-09-00 9,361.51 730 213-221-10-00 9,361.51 731 213-221-11-00 9,361.51 732 213-221-12-00 9,361.51 733 213-221-13-00 9,361.51 734 213-221-14-00 9,361.51 735 213-221-15-00 9,361.51 736 213-221-16-00 9,361.51 737 213-221-17-00 9,361.51 738 213-221-18-00 9,361.51 739 213-221-19-00 9,361.51 740 213-221-20-00 9,361.51 741 213-221-22-00 9,361.51 742 213-221-23-00 9,361.51 743 213-221-24-00 9,361.51 744 213-221-25-00 9,361.51 745 213-221-26-00 9,361.51 746 213-221-27-00 9,361.51 747 213-221-28-00 9,361.51 748 213-221-29-00 9,361.51 749 213-221-30-00 9,361.51 750 213-221-31-00 9,361.51 751 213-221-32-00 9,361.51 752 213-221-33-00 9,361.51 AS CONFIRMED AND RECORDED City of Carlsbad Reassessment District No. 2012-1 - City of Carlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll REASSESSMENT ID ASSESSOR'S PARCEL NUMBER TOTAL AS PRELIMINARILY APPROVED AS CONFIRMED AND RECORDED 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 City of Carlsbad Reassessment District Prepared by NBS - December 4, 2012 3-221-34 3-221-35 3-221-36 3-221-37 3-221-38 3-221-39 3-221-40- 3-221-41- 3-221-42 3-221-43 3-221-44 3-221-45- 3-221-46- 3-221-47 3-221-48- 3-221-49- 3-221-50- 3-221-53 3-230-01- 3-230-02- 3-230-03- 3-230-04- 3-230-05^ 3-230-06^ 3-230-07^ 3-230-08- 3-230-09^ 3-230-10^ 3-230-11- 3-230-12- 3-230-13- 3-231-01- 3-231-02 3-231-03- 3-231-04 3-231-05- 3-231-06- 3-231-07- 3-231-08- 3-231-09- 3-231-10- 3-231-11- 3-231-12- 3-231-13- 3-231-14- 3-231-15- 3-231-16- No. 2012-1 -00 •00 •00 •00 •00 •00 •00 •00 •00 •00 •00 •00 •00 •00 •00 •00 •00 00 •00 •00 00 00 •00 •00 •00 00 •00 •00 •00 00 •00 •00 00 •00 •00 00 00 00 •00 00 00 00 00 00 00 00 00 -City OfCarlsbad 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 9,361.51 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll TOTAL AS REASSESSMENT ASSESSOR'S PRELIMINARILY ID PARCEL NUMBER APPROVED 800 213-231-17-00 9,361.51 801 213-231-18-00 9,361.51 802 213-231-19-00 9,361.51 803 213-231-20-00 9,361.51 804 213-231-21-00 9,361.51 805 213-231-22-00 9,361.51 806 213-231-23-00 9,361.51 807 213-232-01-00 9,361.51 808 213-232-02-00 9,361.51 809 213-232-03-00 9,361.51 810 213-232-04-00 9,361.51 811 213-232-05-00 9,361.51 812 213-232-06-00 9,361.51 813 213-232-07-00 9,361.51 814 213-232-09-00 9,361.51 815 213-232-10-00 9,361.51 816 213-232-11-00 9,361.51 817 213-232-12-00 9,361.51 818 213-232-13-00 9,361.51 819 213-232-14-00 9,361.51 820 213-232-15-00 9,361.51 821 213-232-16-00 9,361.51 822 213-232-18-00 9,361.51 823 213-233-01-00 9,361.51 824 213-233-02-00 9,361.51 825 213-233-03-00 9,361.51 826 213-233-04-00 9,361.51 827 213-233-05-00 9,361.51 828 213-233-06-00 9,361.51 829 213-233-07-00 9,361.51 830 213-233-08-00 9,361.51 831 213-233-09-00 9,361.51 832 213-233-10-00 9,361.51 833 213-233-11-00 9,361.51 834 213-233-12-00 9,361.51 835 213-233-13-00 9,361.51 836 213-233-14-00 9,361.51 837 213-233-15-00 9,361.51 838 213-233-16-00 9,361.51 839 213-233-17-00 9,361.51 840 213-233-18-00 9,361.51 841 213-233-19-00 9,361.51 842 213-233-20-00 9,361.51 843 213-233-21-00 9,361.51 844 213-233-22-00 9,361.51 845 213-233-23-00 9,361.51 846 213-233-24-00 9,361.51 AS CONFIRMED AND RECORDED City OfCarlsbad Reassessment District No. 2012-1 - City ofCarlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll TOTAL AS REASSESSMENT ID ASSESSOR'S PARCEL NUMBER PRELIMINARILY APPROVED 847 213-233-25-•00 9,361, ,51 848 213-233-26-•00 9,361. ,51 849 213-233-27-•00 9,361, ,51 850 213-233-28-•00 9,361, ,51 851 213-233-29-•00 9,361, .51 852 213-233-30-•00 9,361, ,51 853 213-240-01-•00 8,858, ,71 854 213-240-02-•00 8,858, ,71 855 213-240-03-•00 8,858, .71 856 213-240-04-•00 8,858, ,71 857 213-240-05-•00 8,858, ,71 858 213-240-06--00 8,858, ,71 859 213-240-07-•00 8,858, ,71 860 213-240-08-•00 8,858, ,71 861 213-240-09-•00 8,858, ,71 862 213-240-10-•00 8,858, ,71 863 213-240-11-•00 8,858, ,71 864 213-240-12-•00 8,858 ,71 865 213-240-13-•00 8,858, 71 866 213-240-14-•00 8,858 ,71 867 213-240-15-•00 8,858 ,71 868 213-240-16-•00 8,858, ,71 869 213-240-17-•00 8,858, ,71 870 213-240-18-•00 8,858 ,71 871 213-240-19-•00 8,858 ,71 872 213-240-20-•00 8,858 ,71 873 213-240-21-•00 8,858 ,71 874 213-240-22-•00 8,858 ,71 875 213-240-23-•00 8,858 ,71 876 213-240-24--00 8,858 ,71 877 213-240-25-•00 8,858 ,71 878 213-240-26-•00 8,858 ,71 879 213-240-27-•00 8,858 ,71 880 213-240-28-•00 8,858 ,71 881 213-240-29-•00 8,858 ,71 882 213-240-30--00 8,858 ,71 883 213-240-31--00 8,858 ,71 884 213-240-32-•00 8,858, ,71 885 213-240-33--00 8,858 ,71 886 213-240-34--00 8,858 ,71 887 213-241-01-•00 8,858, ,71 888 213-241-02--00 8,858, ,71 889 213-241-03--00 8,858, ,71 890 213-241-04--00 8,858 ,71 891 213-241-05-•00 8,858 ,71 892 213-241-06-•00 8,858 71 893 213-241-07-•00 8,858 .71 City of Carlsbad Reassessment District No. 2012-1 - City of Carlsbad AS CONFIRMED AND RECORDED Prepared by NBS - December 4, 2012 City of Carlsbad City ofCarlsbad Reassessment District No. 20012-1 Reassessment Roll TOTAL AS REASSESSMENT ASSESSOR'S PRELIMINARILY ID PARCEL NUMBER APPROVED 894 213-241-08-00 8,858.71 895 213-241-09-00 8,858.71 896 213-241-10-00 8,858.71 897 213-241-11-00 8,858.71 898 213-241-12-00 8,858.71 899 213-241-13-00 8,858.71 900 213-241-14-00 8,858.71 901 213-241-15-00 8,858.71 902 213-241-16-00 8,858.71 903 213-241-17-00 8,858.71 904 213-241-18-00 8,858.71 905 213-241-19-00 8,858.71 906 213-241-20-00 8,858.71 907 213-241-21-00 8,858.71 908 213-241-22-00 8,858.71 909 213-241-23-00 8,858.71 910 213-241-24-00 8,858.71 911 213-241-25-00 8,858.71 912 213-241-26-00 8,858.71 913 213-241-27-00 8,858.71 914 213-242-01-00 8,858.71 915 213-242-02-00 8,858.71 916 213-242-03-00 8,858.71 917 213-242-04-00 8,858.71 918 213-242-05-00 8,858.71 919 213-242-06-00 8,858.71 920 213-242-07-00 8,858.71 921 213-242-08-00 8,858.71 922 213-242-09-00 8,858.71 923 213-242-10-00 8,858.71 924 213-242-11-00 8,858.71 925 213-242-12-00 8,858.71 926 213-242-13-00 8,858.71 927 213-242-14-00 8,858.71 928 213-242-15-00 8,858.71 929 213-242-16-00 8,858.71 930 213-242-19-00 8,858.71 931 213-242-20-00 8,858.71 932 213-242-21-00 8,858.71 933 213-242-22-00 8,858.71 934 213-242-23-00 8,858.71 935 213-242-24-00 8,858.71 936 213-242-25-00 8,858.71 937 213-242-26-00 8,858.71 938 213-242-27-00 8,858.71 939 213-242-28-00 8,858.71 940 213-242-31-00 8,858.71 AS CONFIRMED AND RECORDED City of Carlsbad Reassessment District No. 2012-1 - City of Carlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll REASSESSMENT ID ASSESSOR'S PARCEL NUMBER TOTAL AS PRELIMINARILY APPROVED AS CONFIRMED AND RECORDED 941 942 943 944 945 946 947 948 949 950 951 952 953 954 955 956 957 958 959 960 961 962 963 964 965 966 967 968 969 970 971 972 973 974 975 976 977 978 979 980 981 982 983 984 985 986 987 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 City of Carlsbad Reassessment District Prepared by NBS - December 4,2012 3-242-32- 3-242-33- 3-242-34- 3-242-35- 3-242-39- 3-242-40- 3-242-41- 3-242-42- 3-243-01- 3-243-02- 3-243-03- 3-243-04- 3-243-05- 3-243-06- 3-243-07- 3-243-08- 3-243-09- 3-243-10- 3-243-11- 3-243-12- 3-243-13- 3-243-14- 3-243-15- 3-243-16- 3-243-17- 3-243-18- 3-243-19- 3-243-20- 3-243-21- 3-243-22- 3-243-23- 3-243-24- 3-243-25- 3-243-26- 3-243-27- 3-243-28- 3-243-29- 3-243-30- 3-243-31- 3-243-32- 3-243-33- 3-250-01- 3-250-02- 3-250-03- 3-250-04- 3-250-05- 3-250-06- No. 2012-1 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 - City of Carlsbad 8,858.71 8,858.71 8,858.71 8,858.71 8,858.70 8,858.70 8,858.70 8,858.70 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 8,858.71 19,793.64 19,793.64 19,793.64 19,793.64 19,793.64 19,793.64 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll REASSESSMENT ASSESSOR'S PRELIMINARILY ID PARCEL NUMBER APPROVED 988 213-250-07-00 19,793.64 989 213-250-08-00 19,793.64 990 213-250-09-00 19,793.64 991 213-250-10-00 19,793.64 992 213-250-11-00 19,793.64 993 213-250-12-00 19,793.64 994 213-250-13-00 19,793.64 995 213-250-14-00 19,793.64 996 213-250-15-00 19,793.64 997 213-250-16-00 19,793.64 998 213-250-17-00 19,793.64 999 213-250-18-00 19,793.64 1000 213-250-19-00 19,793.64 1001 213-250-20-00 19,793.64 1002 213-250-21-00 19,793.64 1003 213-250-22-00 19,793.64 1004 213-250-23-00 19,793.64 1005 213-250-24-00 19,793.64 1006 213-250-25-00 19,793.64 1007 213-260-01-01 11,485.00 1008 213-260-01-02 12,187.11 1009 213-260-01-03 8,161.20 1010 213-260-01-04 7,362.61 1011 213-260-01-05 8,515.94 1012 213-260-01-07 11,417.13 1013 213-260-01-09 21,541.30 1014 213-260-02-00 185,506.34 1015 213-260-03-00 166,369.90 1016 213-260-04-00 157,504.64 1017 213-260-05-00 89,238.31 1018 213-260-06-00 91,581.55 1019 213-260-07-00 65,337.29 1020 213-260-08-00 69,437.95 1021 213-260-09-00 76,623.88 1022 213-261-01-00 157,226.17 1023 213-261-02-00 68,976.37 1024 213-261-03-00 64,147.63 1025 213-261-04-00 122,009.50 1026 213-261-05-00 187,031.29 1027 213-261-06-00 147,069.11 1028 213-261-14-00 184,492.01 1029 213-261-15-01 12,046.86 1030 213-261-15-02 12,171.87 1031 213-261-15-03 12,046.87 1032 213-261-15-04 12,171.87 1033 213-261-15-05 12,734.37 1034 213-261-15-06 13,332.02 TOTAL AS AS CONFIRMED AND RECORDED City of Carlsbad Reassessment District No. 2012-1 - City of Carlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll REASSESSMENT ID ASSESSOR'S PARCEL NUMBER PRELIMINARILY APPROVED 1035 213-261-15-07 13,207.02 1036 213-261-15-08 13,167.97 1037 213-261-15-09 11,613.28 1038 213-261-15-10 11,308.58 1039 213-261-15-11 17,746.09 1040 213-261-15-12 18,226.56 1041 213-261-15-13 9,714.84 1042 213-261-15-14 9,425.77 1043 213-261-16-00 318,573.44 1044 213-261-17-00 144,155.21 1045 213-261-18-00 144,155.21 1046 213-262-06-00 338,967.15 1047 213-262-07-00 90,413.05 1048 213-262-08-00 135,006.45 1049 213-262-09-00 171,833.83 1050 213-262-11-00 376,159.47 1051 213-262-12-01 14,300.44 1052 213-262-12-02 10,225.19 1053 213-262-12-03 10,225.19 1054 213-262-12-04 10,225.19 1055 213-262-12-05 10,311.27 1056 213-262-13-01 6,526.92 1057 213-262-13-02 5,701.78 1058 213-262-13-03 9,296.18 1059 213-262-13-04 9,023.10 1060 213-262-13-05 8,874.69 1061 213-262-13-06 9,296.18 1062 213-262-13-07 5,701.78 1063 213-262-13-08 6,526.92 1064 213-262-13-09 10,92271 1065 213-262-13-10 8,566.01 1066 213-262-13-11 8,631.31 1067 213-262-13-12 8,631.31 1068 213-262-13-13 8,566.01 1069 213-262-13-14 10,290.49 1070 213-262-13-15 6,440.84 1071 213-262-13-16 5,268.43 1072 213-262-13-17 8,393.86 1073 213-262-13-18 8,500.71 1074 213-262-13-19 8,770.81 1075 213-262-13-20 5,268.43 1076 213-262-13-21 6,437.87 1077 213-262-14-01 10,222.24 1078 213-262-14-02 8,574.92 1079 213-262-14-03 8,631.31 1080 213-262-14-04 8,141.58 1081 213-262-14-05 7,696.35 TOTAL AS AS CONFIRMED AND RECORDED City of Carlsbad Reassessment District No. 2012-1 - City of Carlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll TOTAL AS REASSESSMENT ASSESSOR'S PRELIMINARILY ID PARCEL NUMBER APPROVED 1082 213-262-14-06 5,701.78 1083 213-262-14-07 5,695.84 1084 213-262-14-08 9,910.58 1085 213-262-14-09 9,631.57 1086 213-262-14-10 9,480.19 1087 213-262-14-11 9,907.61 1088 213-262-14-12 13,009.31 1089 213-262-14-13 12,754.04 1090 213-262-14-14 6,411.16 1091 213-262-14-15 9,542.53 1092 213-262-14-16 9,400.05 1093 213-262-14-17 10,646.68 1094 213-262-14-18 11,195.78 1095 213-262-14-19 12,193.07 1096 213-262-14-20 12,207.91 1097 213-262-14-21 7,687.45 1098 213-262-14-22 5,882.83 1099 213-262-14-23 10,438.91 1100 213-262-14-24 10,228.17 1101 213-262-14-25 9,640.49 1102 213-262-14-26 10,005.56 1103 213-262-14-27 9,236.81 1104 213-263-09-00 35,129.27 1105 213-263-10-00 29,349.37 1106 213-263-11-00 29,349.37 1107 213-263-12-00 58,019.12 1108 213-263-13-00 25,129.32 1109 213-263-14-00 33,715.05 1110 213-263-15-00 25,440.00 1111 213-263-16-00 41,611.44 1112 213-263-19-00 94,904.03 1113 213-263-20-00 131,002.18 1114 213-263-26-00 127,544.56 1115 213-270-01-00 9,361.69 1116 213-270-02-00 9,361.50 1117 213-270-03-00 9,361.50 1118 213-270-04-00 9,361.50 1119 213-270-05-00 9,361.50 1120 213-270-06-00 9,361.50 1121 213-270-07-00 9,361.50 1122 213-270-08-00 9,361.50 1123 213-270-09-00 9,361.50 1124 213-270-10-00 9,361.50 1125 213-270-11-00 9,361.50 1126 213-270-12-00 9,361.50 1127 213-270-13-00 9,361.50 1128 213-270-14-00 9,361.50 AS CONFIRMED AND RECORDED City OfCarlsbad Reassessment District No. 2012-1 - City ofCarlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll REASSESSMENT ID ASSESSOR'S PARCEL NUMBER TOTAL AS PRELIMINARILY APPROVED AS CONFIRMED AND RECORDED 1129 1130 1131 1132 1133 1134 1135 1136 1137 1138 1139 1140 1141 1142 1143 1144 1145 1146 1147 1148 1149 1150 1151 1152 1153 1154 1155 1156 1157 1158 1159 1160 1161 1162 1163 1164 1165 1166 1167 1168 1169 1170 1171 1172 1173 1174 1175 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 City of Carlsbad Reassessment District Prepared by NBS - December 4, 2012 3-270-15- 3-270-16- 3-270-17- 3-270-18- 3-271-01- 3-271-02- 3-271-03- 3-271-04- 3-271-05- 3-271-06- 3-271-07- 3-271-08- 3-271-09- 3-271-10- 3-271-11- 3-271-12- 3-271-13- 3-271-14- 3-271-15- 3-271-16- 3-271-17- 3-271-18- 3-271-19- 3-271-20- 3-271-21- 3-271-22- 3-271-23- 3-271-24- 3-271-25- 3-271-26- 3-271-27- 3-271-28- 3-271-29- 3-271-30- 3-271-31- 3-272-01- 3-272-02- 3-272-03- 3-272-04- 3-272-05- 3-272-06- 3-272-07- 3-272-08- 3-272-09- 3-272-10- 3-272-11- 3-272-12- No. 2012-1 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 - City of Carlsbad 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll TOTAL AS REASSESSMENT ASSESSOR'S PRELIMINARILY ID PARCEL NUMBER APPROVED 1176 213-272-13-00 9,361.50 1177 213-272-14-00 9,361.50 1178 213-272-15-00 9,361.50 1179 213-272-16-00 9,361.50 1180 213-272-17-00 9,361.50 1181 213-272-18-00 9,361.50 1182 213-272-19-00 9,361.50 1183 213-272-20-00 9,361.50 1184 213-272-21-00 9,361.50 1185 213-272-22-00 9,361.50 1186 213-280-01-00 9,361.75 1187 213-280-02-00 9,361.50 1188 213-280-03-00 9,361.50 1189 213-280-04-00 9,361.50 1190 213-280-05-00 9,361.50 1191 213-280-06-00 9,361.50 1192 213-280-07-00 9,361.50 1193 213-280-08-00 9,361.50 1194 213-280-09-00 9,361.50 1195 213-280-10-00 9,361.50 1196 213-280-11-00 9,361.50 1197 213-280-12-00 9,361.50 1198 213-280-13-00 9,361.50 1199 213-280-14-00 9,361.50 1200 213-280-15-00 9,361.50 1201 213-280-16-00 9,361.50 1202 213-280-17-00 9,361.50 1203 213-280-18-00 9,361.50 1204 213-280-19-00 9,361.50 1205 213-280-20-00 9,361.50 1206 213-280-21-00 9,361.50 1207 213-280-22-00 9,361.50 1208 213-280-23-00 9,361.50 1209 213-280-24-00 9,361.50 1210 213-280-25-00 9,361.50 1211 213-280-26-00 9,361.50 1212 213-280-27-00 9,361.50 1213 213-280-28-00 9,361.50 1214 213-280-29-00 9,361.50 1215 213-280-30-00 9,361.50 1216 213-280-31-00 9,361.50 1217 213-280-32-00 9,361.50 1218 213-280-33-00 9,361.50 1219 213-280-34-00 9,361.50 1220 213-280-35-00 9,361.50 1221 213-280-36-00 9,361.50 1222 213-280-37-00 9,361.50 AS CONFIRMED AND RECORDED City of Carlsbad Reassessment District No. 2012-1 - City of Carlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll REASSESSMENT ID ASSESSOR'S PARCEL NUMBER TOTAL AS PRELIMINARILY APPROVED AS CONFIRMED AND RECORDED 1223 1224 1225 1226 1227 1228 1229 1230 1231 1232 1233 1234 1235 1236 1237 1238 1239 1240 1241 1242 1243 1244 1245 1246 1247 1248 1249 1250 1251 1252 1253 1254 1255 1256 1257 1258 1259 1260 1261 1262 1263 1264 1265 1266 1267 1268 1269 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 City of Carlsbad Reassessment District Prepared by NBS - December 4, 2012 3-280-38- 3-280-39- 3-281-01- 3-281-02- 3-281-03- 3-281-04- 3-281-05- 3-281-06- 3-281-07- 3-281-08- 3-281-09- 3-281-10- 3-281-11- 3-281-12- 3-282-01- 3-282-02- 3-282-03- 3-282-04- 3-282-05- 3-282-06- 3-282-07- 3-282-08- 3-282-09- 3-282-10- 3-282-11- 3-282-12- 3-282-13- 3-282-14- 3-282-15- 3-282-16- 3-282-17- 3-283-01- 3-283-02- 3-283-03- 3-283-04- 3-283-05- 3-283-06- 3-283-07- 3-283-08- 3-283-09- 3-283-10- 3-283-11- 3-283-12- 3-283-13- 3-283-14- 3-283-15- 3-283-16- No. 2012-1 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 -City OfCarlsbad 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 9,361.50 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll TOTAL AS REASSESSMENT ID ASSESSOR'S PARCEL NUMBER PRELIMINARILY APPROVED 1270 213-283-17-00 9,361.50 1271 213-283-18-00 9,361.50 1272 213-283-19-00 9,361.50 1273 213-283-20-00 9,361.50 1274 213-283-21-00 9,361.50 1275 213-283-22-00 9,361.50 1276 213-283-23-00 9,361.50 1277 213-290-01-00 8,775.69 1278 213-290-02-00 8,775.93 1279 213-290-03-00 8,775.93 1280 213-290-04-00 8,775.93 1281 213-290-05-00 8,775.93 1282 213-290-06-00 8,775.93 1283 213-290-07-00 8,775.93 1284 213-290-08-00 8,775.93 1285 213-290-09-00 8,775.93 1286 213-290-10-00 8,775.93 1287 213-290-11-00 8,775.93 1288 213-290-12-00 8,775.93 1289 213-290-13-00 8,775.93 1290 213-290-14-00 8,775.93 1291 213-290-15-00 8,775.93 1292 213-290-16-00 8,775.93 1293 213-290-17-00 8,775.93 1294 213-290-18-00 8,775.93 1295 213-290-19-00 8,775.93 1296 213-290-20-00 8,775.93 1297 213-290-21-00 8,775.93 1298 213-290-22-00 8,775.93 1299 213-290-23-00 8,775.93 1300 213-290-24-00 8,775.93 1301 213-290-25-00 8,775.93 1302 213-290-26-00 8,775.93 1303 213-290-27-00 8,775.93 1304 213-290-28-00 8,775.93 1305 213-290-29-00 8,775.93 1306 213-290-30-00 8,775.93 1307 213-290-31-00 8,775.93 1308 213-290-32-00 8,775.93 1309 213-290-33-00 8,775.93 1310 213-290-34-00 8,775.93 1311 213-290-35-00 8,775.93 1312 213-290-36-00 8,775.93 1313 213-290-37-00 8,775.93 1314 213-290-38-00 8,775.93 1315 213-290-39-00 8,775.93 1316 213-290-40-00 8,775.93 AS CONFIRMED AND RECORDED City of Carlsbad Reassessment District No. 2012-1 - City of Carlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll REASSESSMENT ID ASSESSOR'S PARCEL NUMBER TOTAL AS PRELIMINARILY APPROVED AS CONFIRMED AND RECORDED 1317 1318 1319 1320 1321 1322 1323 1324 1325 1326 1327 1328 1329 1330 1331 1332 1333 1334 1335 1336 1337 1338 1339 1340 1341 1342 1343 1344 1345 1346 1347 1348 1349 1350 1351 1352 1353 1354 1355 1356 1357 1358 1359 1360 1361 1362 1363 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 City of Carlsbad Reassessment District Prepared by NBS - December 4, 2012 3-290-41- 3-290-42- 3-290-43- 3-290-44- 3-291-01- 3-291-02 3-291-03- 3-291-04- 3-291-05- 3-291-06- 3-291-07- 3-291-08- 3-291-09- 3-291-10- 3-291-11- 3-291-12- 3-291-13- 3-291-14 3-291-15- 3-291-16- 3-291-17- 3-291-18- 3-291-19- 3-291-20- 3-291-21- 3-291-22- 3-291-23- 3-291-24- 3-291-25- 3-291-26- 3-291-27- 3-291-28- 3-291-29- 3-291-30- 3-291-31- 3-291-32- 3-291-33- 3-291-34- 3-291-35- 3-292-01- 3-292-02- 3-292-03- 3-292-04- 3-292-05- 3-292-06- 3-292-07- 3-292-08- No. 2012-1 -00 -00 -00 -00 -00 -00 •00 •00 •00 •00 •00 •00 •00 00 •00 •00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 -City OfCarlsbad 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 8,775.93 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll TOTAL AS REASSESSMENT ASSESSOR'S PRELIMINARILY ID PARCEL NUMBER APPROVED 1364 213-292-09-00 8,775.93 1365 213-292-10-00 8,775.93 1366 213-292-11-00 8,775.93 1367 213-292-12-00 8,775.93 1368 213-292-13-00 8,775.93 1369 213-292-14-00 8,775.93 1370 213-292-15-00 8,775.93 1371 213-292-16-00 8,775.93 1372 213-292-17-00 8,775.93 1373 213-292-18-00 8,775.93 1374 213-292-19-00 8,775.93 1375 213-292-20-00 8,775.93 1376 213-292-21-00 8,775.93 1377 213-292-22-00 8,775.93 1378 213-292-23-00 8,775.93 1379 213-292-24-00 8,775.93 1380 213-292-25-00 8,775.93 1381 213-292-26-00 8,775.93 1382 213-292-27-00 8,775.93 1383 213-292-28-00 8,775.93 1384 213-300-01-00 30,634.93 1385 213-300-02-00 28,762.19 1386 213-300-03-00 31,714.92 1387 213-300-04-00 23,351.77 1388 213-300-05-00 32,074.93 1389 213-300-06-00 30,987.98 1390 213-300-07-00 31,818.77 1391 213-300-08-00 27,907.20 1392 213-300-09-00 30,087.99 1393 213-300-10-00 34,089.55 1394 213-300-11-00 27,387.95 1395 213-300-12-01 13,174.23 1396 213-300-12-02 7,221.15 1397 213-300-12-03 3,888.21 1398 213-300-12-04 20,363.77 1399 213-300-13-00 25,452.94 1400 213-300-14-00 25,432.17 1401 213-310-01-01 8,700.37 1402 213-310-01-02 8,700.45 1403 213-310-01-03 8,700.45 1404 213-310-01-04 8,700.45 1405 213-310-01-05 8,700.45 1406 213-310-01-06 8,700.45 1407 213-310-01-07 8,700.45 1408 213-310-01-08 8,700.45 1409 213-310-01-09 8,700.45 1410 213-310-01-10 8,700.45 AS CONFIRMED AND RECORDED City of Carlsbad Reassessment District No. 2012-1 - City of Carlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll REASSESSMENT ID ASSESSOR'S PARCEL NUMBER PRELIMINARILY APPROVED 1411 213-310-01-11 8,700.45 1412 213-310-01-12 8,700.45 1413 213-310-01-13 8,700.45 1414 213-310-01-14 8,700.45 1415 213-310-01-15 8,700.45 1416 213-310-01-16 8,700.45 1417 213-310-01-17 8,700.45 1418 213-310-02-01 8,700.45 1419 213-310-02-02 8,700.45 1420 213-310-02-03 8,700.45 1421 213-310-02-04 8,700.45 1422 213-310-02-05 8,700.45 1423 213-310-02-06 8,700.45 1424 213-310-02-07 8,700.45 1425 213-310-02-08 8,700.45 1426 213-310-02-09 8,700.45 1427 213-310-02-10 8,700.45 1428 213-310-02-11 8,700.45 1429 213-310-02-12 8,700.45 1430 213-310-02-13 8,700.45 1431 213-310-02-14 8,700.45 1432 213-310-03-01 8,700.45 1433 213-310-03-02 8,700.45 1434 213-310-03-03 8,700.45 1435 213-310-03-04 8,700.45 1436 213-310-04-01 8,700.45 1437 213-310-04-02 8,700.45 1438 213-310-04-03 8,700.45 1439 168-041-13-01 12,549.69 1440 168-041-13-02 12,549.69 1441 168-041-13-03 12,549.69 1442 168-041-13-04 12,549.69 1443 168-041-13-05 12,549.69 1444 168-041-13-06 12,549.69 1445 168-041-13-07 12,549.69 1446 168-041-13-08 12,549.69 1447 168-041-13-09 12,549.69 1448 168-041-13-10 12,549.69 1449 168-041-13-11 12,549.69 1450 168-041-13-12 12,549.69 1451 168-041-13-13 12,549.69 1452 168-041-13-14 12,549.69 1453 168-041-13-15 12,549.69 1454 168-041-13-16 12,549.69 1455 168-041-13-17 12,549.69 1456 168-041-13-18 12,549.69 1457 168-041-13-19 12,549.69 TOTAL AS AS CONFIRMED AND RECORDED City of Carlsbad Reassessment District No. 2012-1 - City of Carlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll REASSESSMENT ID ASSESSOR'S PARCEL NUMBER TOTAL AS PRELIMINARILY APPROVED AS CONFIRMED AND RECORDED 1458 1459 1460 1461 1462 1463 1464 1465 1466 1467 1468 1469 1470 1471 1472 1473 1474 1475 1476 1477 1478 1479 1480 1481 1482 1483 1484 1485 1486 1487 1488 1489 1490 1491 1492 1493 1494 1495 1496 1497 1498 1499 1500 1501 1502 1503 1504 168-041-13 168-041-13 168-041-13 168-041-13 168-041-13 168-041-14 168-041-14 168-041-14 168-041-14 168-041-14 168-041-14 168-041-14 168-041-14 168-041-14 168-041-14 168-041-14 168-041-14 168-041-14 168-041-14 168-041-14 168-041-14 168-041-14- 168-041-14- 168-041-14- 168-041-14- 168-041-14- 168-041-14- 168-041-14- 168-041-14- 168-041-15- 168-041-15- 168-041-15^ 168-041-15^ 168-041-15^ 168-041-15^ 168-041-15- 168-041-15- 168-041-15- 168-041-15- 168-041-15- 168-041-15- 168-041-15- 168-041-15- 168-041-15- 168-041-15- 168-041-15- 168-041-15- City of Carlsbad Reassessment District No. 2012-1 Prepared by NBS - December 4, 2012 -20 -21 -22 -23 -24 -01 -02 -03 -04 -05 -06 -07 -08 -09 -10 -11 -12 -13 -14 -15 •16 •17 •18 •19 •20 -21 •22 -23 -24 -01 -02 -03 -04 •05 •06 •07 -08 -09 -10 •11 •12 •13 •14 •15 •16 17 18 - City of Carlsbad 12,549.69 12,549.69 12,549.69 12,549.69 12,549.69 12,549.69 12,549.69 12,549.69 12,549.69 12,549.69 12,549.69 12,549.69 12,549.69 12,549.69 12,549.69 12,549.69 12,549.69 12,549.69 12,549.69 12,549.69 12,549.69 12,549.69 12,549.69 12,549.69 12,549.69 12,549.69 12,549.69 12,549.69 12,549.69 12,549.69 12,549.69 12,549.69 12,549.69 12,549.69 12,549.69 12,549.69 12,549.68 12,549.68 12,549.68 12,549.68 12,549.68 12,549.68 12,549.68 12,549.68 12,549.68 12,549.68 12,549.68 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll TOTAL AS AS REASSESSMENT ASSESSOR'S PRELIMINARILY CONFIRMED ID PARCEL NUMBER APPROVED AND RECORDED 1505 168-041-15-19 12,549.68 1506 168-041-15-20 12,549.68 1507 168-041-15-21 12,549.68 1508 168-041-15-22 12,549.68 1509 168-041-15-23 12,549.68 1510 168-041-15-24 12,549.68 1511 168-041-16-01 12,549.69 1512 168-041-16-02 12,549.69 1513 168-041-16-03 12,549.69 1514 168-041-16-04 12,549.69 1515 168-041-16-05 12,549.69 1516 168-041-16-06 12,549.69 1517 168-041-16-07 12,549.68 1518 168-041-16-08 12,549.68 1519 168-041-16-09 12,549.68 1520 168-041-16-10 12,549.68 1521 168-041-16-11 12,549.68 1522 168-041-16-12 12,549.68 1523 168-041-16-13 12,549.68 1524 168-041-16-14 12,549.68 1525 168-041-16-15 12,549.68 1526 168-041-16-16 12,549.68 1527 168-041-16-17 12,549.68 1528 168-041-16-18 12,549.68 1529 168-041-16-19 12,549.68 1530 168-041-16-20 12,549.68 1531 168-041-16-21 12,549.68 1532 168-041-16-22 12,549.68 1533 168-041-16-23 12,549.68 1534 168-041-16-24 12,549.68 1535 168-041-17-01 12,549.69 1536 168-041-17-02 12,549.69 1537 168-041-17-03 12,549.69 1538 168-041-17-04 12,549.69 1539 168-041-17-05 12,549.69 1540 168-041-17-06 12,549.69 1541 168-041-17-07 12,549.69 1542 168-041-17-08 12,549.69 1543 168-041-17-09 12,549.69 1544 168-041-17-10 12,549.69 1545 168-041-17-11 12,549.69 1546 168-041-17-12 12,549.69 1547 168-041-18-01 12,549.69 1548 168-041-18-02 12,549.69 1549 168-041-18-03 12,549.69 1550 168-041-18-04 12,549.69 1551 168-041-18-05 12,549.69 City of Carlsbad Reassessment District No. 2012-1 - City ofCarlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll REASSESSMENT ID ASSESSOR'S PARCEL NUMBER TOTAL AS PRELIMINARILY APPROVED AS CONFIRMED AND RECORDED 1552 1553 1554 1555 1556 1557 1558 1559 1560 1561 1562 1563 1564 1565 1566 1567 1568 1569 1570 1571 1572 1573 1574 1575 1576 1577 1578 1579 1580 1581 1582 1583 1584 1585 1586 1587 1588 1589 1590 1591 1592 1593 1594 1595 1596 1597 1598 168-041-18 168-041-18 168-041-18 168-041-18 168-280-51 168-280-52 168-280-53 168-280-54 168-280-55^ 168-280-56 168-280-57^ 168-280-58 168-280-59- 168-280-60- 168-280-61- 168-280-62- 168-280-63- 168-280-64 168-292-30- 168-292-31- 168-292-32- 168-292-33- 168-320-01- 168-320-02- 168-320-03- 168-320-04- 168-320-05- 168-320-06- 168-320-07- 168-320-08- 168-320-09- 168-320-10- 168-320-11- 168-320-12- 168-320-13- 168-320-14^ 168-320-15- 168-320-16- 168-320-17^ 168-320-18^ 168-320-19^ 168-320-20- 168-320-21- 168-320-22- 168-320-23- 168-320-24- 168-320-25- City OfCarlsbad Reassessment District No. 2012-1 Prepared by NBS - December 4,2012 -06 -07 -08 -09 -00 •00 •00 -00 •00 •00 •00 -00 •00 -00 -00 -00 -00 -00 -00 -00 -00 -00 -00 -00 -00 •00 -00 •00 •00 •00 -00 -00 -00 -00 -00 -00 -00 00 •00 •00 •00 00 00 00 00 00 00 -City OfCarlsbad 12,549.69 12,549.69 12,549.69 12,549.69 15,456.81 15,456.81 15,456.81 11,566.67 11,566.67 11,566.67 11,566.67 11,566.67 11,566.67 11,566.67 11,566.67 15,456.81 15,456.81 15,456.80 15,883.42 15,883.42 15,883.41 15,883.41 15,240.90 15,240.90 15,240.90 15,240.90 15,240.90 15,240.90 15,240.90 15,240.90 15,240.90 15,240.90 15,240.90 15,240.90 15,240.90 15,240.90 11,350.75 11,350.75 11,350.75 11,350.75 11,350.75 11,350.75 11,350.75 11,350.75 11,350.75 11,350.75 15,240.90 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll TOTAL AS REASSESSMENT ID ASSESSOR'S PARCEL NUMBER PRELIMINARILY APPROVED 1599 168-320-26-00 15,240.90 1600 168-320-27-00 15,240.90 1601 168-320-28-00 15,240.90 1602 168-320-29-00 15,240.90 1603 168-320-30-00 15,240.90 1604 168-320-31-00 15,240.90 1605 168-320-32-00 15,240.90 1606 168-320-33-00 15,240.90 1607 168-320-34-00 15,240.90 1608 168-320-35-00 15,240.90 1609 168-320-36-00 15,240.91 1610 168-320-37-00 15,240.91 1611 168-320-38-00 15,240.91 1612 168-320-39-00 15,240.91 1613 168-320-40-00 15,240.91 1614 168-321-01-00 11,350.75 1615 168-321-02-00 11,350.75 1616 168-321-03-00 11,350.75 1617 168-321-04-00 11,350.75 1618 168-321-05-00 11,350.75 1619 168-321-06-00 11,350.75 1620 168-321-07-00 11,350.75 1621 168-321-08-00 11,350.75 1622 168-321-09-00 11,350.75 1623 168-321-10-00 11,350.75 1624 168-321-11-00 11,350.75 1625 168-321-12-00 11,350.75 1626 168-321-13-00 11,350.75 1627 168-321-14-00 11,350.75 1628 168-321-15-00 11,350.75 1629 168-321-16-00 11,350.75 1630 168-321-17-00 11,350.75 1631 168-321-19-00 11,350.75 1632 168-321-20-00 11,350.75 1633 168-321-21-00 11,350.75 1634 168-321-22-00 11,350.75 1635 168-321-23-00 11,350.75 1636 168-321-24-00 11,350.75 1637 168-321-25-00 11,350.75 1638 168-321-26-00 11,350.75 1639 168-321-27-00 11,350.75 1640 168-321-28-00 11,350.75 1641 168-321-29-00 11,350.75 1642 168-321-30-00 11,350.75 1643 168-321-31-00 11,350.75 1644 168-321-32-00 11,350.75 1645 168-321-33-00 11,350.75 AS CONFIRMED AND RECORDED City of Carlsbad Reassessment District No. 2012-1 - City of Carlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll TOTAL AS REASSESSMENT ASSESSOR'S PRELIMINARILY ID PARCEL NUMBER APPROVED 1646 168-321-34-00 11,350.75 1647 168-321-35-00 11,350.75 1648 168-321-36-00 11,350.75 1649 168-321-37-00 11,350.75 1650 168-321-38-00 11,350.75 1651 168-321-39-00 11,350.75 1652 168-321-40-00 11,350.75 1653 168-321-41-00 11,350.75 1654 168-321-42-00 11,350.75 1655 168-321^3-00 11,350.75 1656 168-321-44-00 11,350.75 1657 168-330-01-00 21,335.78 1658 168-330-02-00 21,335.78 1659 168-330-03-00 21,335.78 1660 168-330-04-00 21,335.78 1661 168-330-05-00 21,335.78 1662 168-330-06-00 17,445.63 1663 168-330-07-00 17,445.63 1664 168-330-08-00 17,445.63 1665 168-330-09-00 17,445.63 1666 168-330-10-00 17,445.63 1667 168-330-11-00 17,445.63 1668 168-330-12-00 17,445.63 1669 168-330-13-00 21,335.78 1670 168-330-14-00 21,335.78 1671 168-330-15-00 21,335.78 1672 168-330-16-00 21,335.78 1673 168-330-17-00 21,335.78 1674 168-330-18-00 21,335.78 1675 168-330-19-00 21,335.78 1676 168-330-20-00 17,445.63 1677 168-330-21-00 17,445.63 1678 168-330-22-00 17,445.63 1679 168-330-23-00 17,445.63 1680 168-330-24-00 17,445.63 1681 168-330-25-00 21,335.77 1682 168-330-26-00 21,335.77 1683 168-331-01-00 17,445.63 1684 168-331-02-00 17,445.63 1685 168-331-03-00 17,445.63 1686 168-331-04-00 17,445.63 1687 168-331-05-00 17,445.63 1688 168-331-06-00 17,445.63 1689 168-331-07-00 17,445.63 1690 168-331-08-00 17,445.63 1691 168-331-09-00 17,445.63 1692 168-331-10-00 17,445.63 AS CONFIRMED AND RECORDED City OfCarlsbad Reassessment District No. 2012-1 - City ofCarlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll TOTAL AS REASSESSMENT ASSESSOR'S PRELIMINARILY ID PARCEL NUMBER APPROVED 1693 168-331-11-00 17,445.63 1694 168-331-12-00 17,445.63 1695 168-331-13-00 21,335.78 1696 168-331-14-00 21,335.78 1697 168-331-15-00 21,335.78 1698 168-331-16-00 21,335.78 1699 168-331-17-00 21,335.78 1700 168-331-18-00 21,335.78 1701 168-331-19-00 21,335.78 1702 168-331-20-00 21,335.78 1703 168-331-21-00 21,335.78 1704 168-331-22-00 21,335.78 1705 168-331-23-00 21,335.78 1706 168-331-24-00 21,335.78 1707 168-331-25-00 21,335.78 1708 168-331-26-00 21,335.78 1709 168-331-27-00 21,335.78 1710 168-331-28-00 21,335.78 1711 168-331-29-00 21,335.78 1712 168-331-30-00 21,335.78 1713 168-331-31-00 21,335.78 1714 168-331-32-00 21,335.78 1715 168-331-33-00 21,335.78 1716 168-331-34-00 21,335.78 1717 168-331-35-00 21,335.78 1718 168-331-36-00 21,335.78 1719 168-331-37-00 21,335.78 1720 168-331-38-00 21,335.78 1721 168-331-39-00 21,335.78 1722 168-331-40-00 21,335.78 1723 168-331-41-00 21,335.78 1724 168-331-42-00 21,335.78 1725 168-331-43-00 21,335.78 1726 168-331-44-00 21,335.78 1727 168-331-45-00 21,335.78 1728 168-331-46-00 17,445.63 1729 168-331-47-00 17,445.63 1730 168-331-48-00 17,445.63 1731 168-331-49-00 17,445.63 1732 168-331-50-00 17,445.63 1733 168-331-51-00 17,445.63 1734 168-331-52-00 17,445.63 1735 168-331-53-00 17,445.63 1736 168-331-54-00 17,445.63 1737 168-331-55-00 17,445.63 1738 168-331-56-00 21,335.78 1739 168-331-57-00 21,335.78 AS CONFIRMED AND RECORDED City of Carlsbad Reassessment District No. 2012-1 - City of Carlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll TOTAL AS REASSESSMENT ID ASSESSOR'S PARCEL NUMBER PRELIMINARILY APPROVED 1740 168-331-58-00 21,335.78 1741 168-331-59-00 21,335.78 1742 168-331-60-00 21,335.78 1743 168-331-61-00 21,335.78 1744 168-331-62-00 21,335.77 1745 168-331-63-00 21,335.77 1746 168-331-64-00 21,335.77 1747 168-331-65-00 21,335.77 1748 168-331-66-00 21,335.77 1749 168-331-67-00 21,335.77 1750 168-331-68-00 21,335.77 1751 168-331-69-00 21,335.77 1752 168-331-70-00 21,335.77 1753 168-331-71-00 21,335.77 1754 168-331-72-00 21,335.77 1755 168-331-73-00 21,335.77 1756 168-331-74-00 21,335.77 1757 168-331-75-00 21,335.77 1758 168-331-76-00 21,335.77 1759 168-331-77-00 21,335.77 1760 168-331-78-00 21,335.77 1761 168-331-79-00 21,335.77 1762 168-331-80-00 21,335.77 1763 168-331-81-00 21,335.77 1764 168-331-82-00 21,335.77 1765 168-331-83-00 21,335.77 1766 168-331-84-00 21,335.77 1767 168-331-85-00 21,335.77 1768 168-331-86-00 21,335.77 1769 168-331-87-00 21,335.77 1770 168-331-88-00 21,335.77 1771 168-331-89-00 21,335.77 1772 168-340-02-01 16,335.10 1773 168-340-02-02 16,335.10 1774 168-340-02-03 16,335.10 1775 168-340-02-04 16,335.10 1776 168-340-02-05 16,335.10 1777 168-340-02-06 16,335.10 1778 168-340-02-07 16,335.10 1779 168-340-02-08 16,335.10 1780 168-340-02-09 16,335.10 1781 168-340-02-10 16,335.09 1782 168-340-02-11 16,335.09 1783 168-340-02-12 16,335.09 1784 168-340-02-13 16,335.09 1785 168-340-02-14 16,335.09 1786 168-340-02-15 16,335.09 AS CONFIRMED AND RECORDED City ofCarlsbad Reassessment District No. 2012-1 - City ofCarlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll REASSESSMENT ASSESSOR'S PRELIMINARILY ID PARCEL NUMBER APPROVED 1787 168-340-02-16 16,335.09 1788 168-340-02-17 16,335.09 1789 168-340-02-18 16,335.09 1790 168-340-02-19 16,335.09 1791 168-340-02-20 16,335.09 1792 168-340-02-21 16,335.09 1793 168-340-03-01 16,335.10 1794 168-340-03-02 16,335.10 1795 168-340-03-03 16,335.10 1796 168-340-03-04 16,335.10 1797 168-340-03-05 16,335.10 1798 168-340-03-06 16,335.10 1799 168-340-03-07 16,335.10 1800 168-340-03-08 16,335.10 1801 168-340-03-09 16,335.10 1802 168-340-03-10 16,335.10 1803 168-340-03-11 16,335.10 1804 168-340-03-12 16,335.10 1805 168-340-03-13 16,335.09 1806 168-340-03-14 16,335.09 1807 168-340-03-15 16,335.09 1808 168-340-03-16 16,335.09 1809 168-340-03-17 16,335.09 1810 168-340-03-18 16,335.09 1811 168-340-03-19 16,335.09 1812 168-340-03-20 16,335.09 1813 168-340-03-21 16,335.09 1814 168-340-03-22 16,335.09 1815 168-340-03-23 16,335.09 1816 168-340-03-24 16,335.09 1817 168-341-05-01 16,335.10 1818 168-341-05-02 16,335.10 1819 168-341-05-03 16,335.10 1820 168-341-05-04 16,335.10 1821 168-341-05-05 16,335.10 1822 168-341-05-06 16,335.10 1823 168-341-05-07 16,335.10 1824 168-341-05-08 16,335.10 1825 168-341-05-09 16,335.10 1826 168-341-05-10 16,335.10 1827 168-341-05-11 16,335.10 1828 168-341-05-12 16,335.10 1829 168-341-05-13 16,335.09 1830 168-341-05-14 16,335.09 1831 168-341-05-15 16,335.09 1832 168-341-05-16 16,335.09 1833 168-341-05-17 16,335.09 TOTAL AS AS CONFIRMED AND RECORDED City of Carlsbad Reassessment District No. 2012-1 - City ofCarlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll REASSESSMENT ID ASSESSOR'S PARCEL NUMBER PRELIMINARILY APPROVED 1834 168-341-05-18 16,335.09 1835 168-341-06-01 16,335.10 1836 168-341-06-02 16,335.10 1837 168-341-06-03 16,335.10 1838 168-341-06-04 16,335.10 1839 168-341-06-05 16,335.10 1840 168-341-06-06 16,335.10 1841 168-341-06-07 16,335.10 1842 168-341-06-08 16,335.10 1843 168-341-06-09 16,335.10 1844 168-341-06-10 16,335.10 1845 168-341-06-11 16,335.10 1846 168-341-06-12 16,335.10 1847 168-341-06-13 16,335.09 1848 168-341-06-14 16,335.09 1849 168-341-06-15 16,335.09 1850 168-341-06-16 16,335.09 1851 168-341-06-17 16,335.09 1852 168-341-06-18 16,335.09 1853 168-341-06-19 16,335.09 1854 168-341-06-20 16,335.09 1855 168-341-06-21 16,335.09 1856 168-341-06-22 16,335.09 1857 168-341-06-23 16,335.09 1858 168-341-06-24 16,335.09 1859 168-341-06-25 16,335.09 1860 168-341-06-26 16,335.09 1861 168-341-06-27 16,335.09 1862 168-341-07-01 16,335.10 1863 168-341-07-02 16,335.10 1864 168-341-07-03 16,335.10 1865 168-341-07-04 16,335.10 1866 168-341-07-05 16,335.10 1867 168-341-07-06 16,335.10 1868 168-341-07-07 16,335.10 1869 168-341-07-08 16,335.10 1870 168-341-07-09 16,335.10 1871 168-341-07-10 16,335.10 1872 168-341-07-11 16,335.09 1873 168-341-07-12 16,335.09 1874 168-341-07-13 16,335.09 1875 168-341-07-14 16,335.09 1876 168-341-07-15 16,335.09 1877 168-341-07-16 16,335.09 1878 168-341-07-17 16,335.09 1879 168-341-07-18 16,335.09 1880 168-341-07-19 16,335.09 TOTAL AS AS CONFIRMED AND RECORDED City of Carlsbad Reassessment District No. 2012-1 - City of Carlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll REASSESSMENT ID ASSESSOR'S PARCEL NUMBER PRELIMINARILY APPROVED 1881 168-341-07-20 16,335.09 1882 168-341-07-21 16,335.09 1883 168-341-07-22 16,335.09 1884 168-341-07-23 16,335.09 1885 168-341-07-24 16,335.09 1886 168-341-08-01 16,335.10 1887 168-341-08-02 16,335.10 1888 168-341-08-03 16,335.10 1889 168-341-08-04 16,335.10 1890 168-341-08-05 16,335.10 1891 168-341-08-06 16,335.10 1892 168-341-08-07 16,335.10 1893 168-341-08-08 16,335.10 1894 168-341-08-09 16,335.10 1895 168-341-08-10 16,335.10 1896 168-341-08-11 16,335.10 1897 168-341-08-12 16,335.10 1898 168-341-08-13 16,335.10 1899 168-341-08-14 16,335.10 1900 168-341-08-15 16,335.10 1901 168-341-08-16 16,335.10 1902 168-341-08-17 16,335.10 1903 168-341-08-18 16,335.10 1904 168-341-08-19 16,335.10 1905 168-341-08-20 16,335.10 1906 168-341-08-21 16,335.10 1907 168-350-01-00 21,407.67 1908 168-350-02-00 21,407.67 1909 168-350-03-00 21,407.67 1910 168-350-04-00 21,407.67 1911 168-350-05-00 21,407.67 1912 168-350-06-00 21,407.67 1913 168-350-07-00 21,407.67 1914 168-350-08-00 21,407.67 1915 168-350-09-00 21,407.67 1916 168-350-10-00 21,407.67 1917 168-350-11-00 21,407.67 1918 168-350-12-00 21,407.67 1919 168-350-13-00 21,407.67 1920 168-350-14-00 21,407.67 1921 168-350-15-00 21,407.67 1922 168-350-16-00 21,407.67 1923 168-350-17-00 21,407.67 1924 168-350-18-00 21,407.67 1925 168-350-19-00 21,407.67 1926 168-350-20-00 21,407.67 1927 168-350-21-00 21,407.67 TOTAL AS AS CONFIRMED AND RECORDED City of Carlsbad Reassessment District No. 2012-1 - City of Carlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll TOTAL AS REASSESSMENT ID ASSESSOR'S PARCEL NUMBER PRELIMINARILY APPROVED 1928 168-350-22-00 21,407.67 1929 168-350-23-00 21,407.67 1930 168-350-24-00 21,407.67 1931 168-350-25-00 21,407.67 1932 168-350-26-00 21,407.67 1933 168-350-27-00 21,407.67 1934 168-350-28-00 21,407.67 1935 168-350-29-00 21,407.67 1936 168-350-30-00 21,407.67 1937 168-350-31-00 21,407.67 1938 168-350-32-00 21,407.67 1939 168-350-33-00 21,407.67 1940 168-350-34-00 21,407.67 1941 168-350-35-00 21,407.69 1942 168-351-01-00 21,407.67 1943 168-351-02-00 21,407.67 1944 168-351-03-00 21,407.67 1945 168-351-04-00 21,407.67 1946 168-351-05-00 21,407.67 1947 168-351-06-00 21,407.67 1948 168-351-07-00 21,407.67 1949 168-351-08-00 21,407.67 1950 168-352-01-00 21,407.67 1951 168-352-02-00 21,407.67 1952 168-352-03-00 21,407.67 1953 168-352-04-00 21,407.67 1954 168-352-05-00 21,407.67 1955 168-352-06-00 21,407.67 1956 168-352-07-00 21,407.67 1957 168-352-08-00 21,407.67 1958 168-352-09-00 21,407.67 1959 168-352-10-00 21,407.67 1960 168-352-11-00 21,407.67 1961 168-352-12-00 21,407.67 1962 168-352-13-00 21,407.67 1963 168-352-14-00 21,407.67 1964 168-352-15-00 21,407.67 1965 168-352-16-00 21,407.67 1966 168-352-17-00 21,407.67 1967 168-352-18-00 21,407.67 1968 168-352-19-00 21,407.67 1969 168-352-20-00 21,407.67 1970 168-352-21-00 21,407.67 1971 168-352-22-00 21,407.67 1972 168-352-23-00 21,407.67 1973 168-352-24-00 21,407.67 1974 168-352-25-00 21,407.67 AS CONFIRMED AND RECORDED City of Carlsbad Reassessment District No. 2012-1 - City of Carlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 20012-1 Reassessment Roll TOTAL AS REASSESSMENT ID ASSESSOR'S PARCEL NUMBER PRELIMINARILY APPROVED 1975 168-352-26-00 21,407.67 1976 168-352-27-00 21,407.67 1977 168-352-28-00 21,407.67 1978 168-352-29-00 21,407.67 1979 168-352-30-00 21,407.69 1980 168-352-31-00 21,407.69 1981 168-352-32-00 21,407.69 1982 168-352-33-00 21,407.69 1983 168-352-34-00 21,407.69 1984 168-352-35-00 21,407.69 1985 168-352-36-00 21,407.69 1986 168-352-37-00 21,407.69 1987 168-352-38-00 21,407.69 1988 168-352-39-00 21,407.69 1989 168-352^0-00 21,407.69 1990 168-352^1-00 21,407.69 1991 168-352-42-00 21,407.69 1992 168-353-01-00 21,407.67 1993 168-353-02-00 21,407.67 1994 168-353-03-00 21,407.67 1995 168-353-04-00 21,407.67 1996 168-353-05-00 21,407.67 1997 168-353-06-00 21,407.67 1998 168-353-07-00 21,407.67 1999 168-353-08-00 21,407.67 2000 168-353-09-00 21,407.67 2001 168-353-10-00 21,407.67 2002 168-353-11-00 21,407.67 2003 168-353-12-00 21,407.67 2004 168-353-13-00 21,407.67 2005 168-353-14-00 21,407.67 2006 168-353-15-00 21,407.67 2007 168-353-16-00 21,407.67 2008 168-353-17-00 21,407.67 2009 168-353-18-00 21,407.67 2010 168-353-19-00 21,407.67 2011 168-353-20-00 21,407.67 2012 168-353-21-00 21,407.67 2013 168-353-22-00 21,407.68 2014 168-353-23-00 21,407.68 2015 168-353-24-00 21,407.68 2016 168-353-25-00 21,407.68 2017 168-353-26-00 21,407.68 2018 168-353-27-00 21,407.68 2019 168-353-28-00 21,407.68 2020 168-353-29-00 21.407.68 Totals: $32,843,000.00 AS CONFIRMED AND RECORDED City of Carlsbad Reassessment District No. 2012-1 - City of Carlsbad Prepared by NBS - December 4, 2012 NAMES AND ADDRESSES OF PROPERTY OWNERS City ofCarlsbad Reassessment District No. 2012-1 Reassessment Report Prepared by NBS - December 4, 2012 City of Carlsbad City ofCarlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. STATE. ZIP 1385 213-300-02-00 2762 GATEWAY LLC 1525 FARADAY AVE #150 CARLSBAD, CA 92008 1400 213-300-14-00 2780 GATEWAY LLC 2780 GATEWAY RD CARLSBAD, CA 92009 1393 213-300-10-00 2792 GATEWAY LLC 2792 GATEWAY RD #102 CARLSBAD, CA 92009 1013 213-260-01-09 6 PAK LLC 6221 METROPOLITAN ST #201 CARLSBAD, CA 92009 1082 213-262-14-06 6184 INNOVATION WAY LLC 6184 INNOVATION WAY CARLSBAD, CA 92009 1083 213-262-14-07 6184 INNOVATION WAY LLC 6184 INNOVATION WAY CARLSBAD, CA 92009 1084 213-262-14-08 6184 INNOVATION WAY LLC 6184 INNOVATION WAY CARLSBAD, CA 92009 1085 213-262-14-09 6184 INNOVATION WAY LLC 6184 INNOVATION WAY CARLSBAD, CA 92009 47 213-112-51-03 6918 TOURMALINE LIVING 2010 TRUST 6918 TOURMALINE PL CARLSBAD, CA 92009 1066 213-262-13-11 959 HOLDINGS LTD L L C 7310 GREBE DR CARLSBAD, CA 92011 390 213-162-12-00 ABBEY DONALD M & LORA L 2697 ECHO AVE CARLSBAD, CA 92009 374 213-161-09-00 ABBOTT LEONARD III & PEGGY A 6319 Dl VITA WAY CARLSBAD, CA 92009 505 213-180-09-00 ABDULHAYOGLU YUSUF M 2727 PALMETTO DR CARLSBAD, CA 92009 724 213-221-04-00 ABELLO CHRIS G II & APRIL B PSC 558 BOX 3456 FPO, AP 96375 684 213-212-02-00 ABELOE FAMILY TRUST 01-25-08 6923 AMBER LN CARLSBAD, CA 92009 685 213-212-03-00 ABELOE FAMILY TRUST 01-25-08 8c WEAR STEV 6924 AMBER LN CARLSBAD, CA 92009 1892 168-341-08-07 ABILLE EDGAR A 4140 KARST RD CARLSBAD, CA 92010 523 213-180-27-00 ABOOLIAN ROBERT 8c BIANCA 2771 PALMETTO DR CARLSBAD, CA 92009 304 213-151-14-00 ABOUMOUDRIQ ZAKARIA 8c BRENDA 6322 HUNTINGTON DR CARLSBAD, CA 92009 1498 168-041-15-12 ACCARDI TARABETH 3720 JETTY PT CARLSBAD, CA 92010 27 213-112-46-03 ACEVEDO LUIS G 8c ALVAREZ HEIDY F 6948 BRASS PL CARLSBAD, CA 92009 181 213-140-28-00 ADAIRE BARBARA S TRUST 10-03-08 6260 DARTINGTON WAY CARLSBAD, CA 92009 774 213-230-04-00 ADAMS JERRY 8c ROSANNE POBOX 1155 CARLSBAD, CA 92018 846 213-233-24-00 ADCOCK NICHOLAS J 6796 MALACHITE PL CARLSBAD, CA 92009 556 213-181-32-00 ADEVA ALVIN 8c ADEVA JENNIFER L 2730 ASCOT AVE CARLSBAD, CA 92009 1089 213-262-14-13 AGGREGATE MANAGEMENT INC 6170 INNOVATION WAY CARLSBAD, CA 92009 1392 213-300-09-00 AGILE WORKSPACES L L C 2145 COAST AVE SAN MARCOS, CA 92078 24 213-112-44-05 AGRAWAL BINU K 8c GUPTA AGRITI 6947 BRASS PL CARLSBAD, CA 92009 613 213-200-18-00 AGRON MARVIN A 8c FRANCINE E 6807 CITRINE DR CARLSBAD, CA 92009 897 213-241-11-00 AGUILAR JUAN C B 8c ANNABELLE S POBOX 230199 ENCINITAS, CA 92023 1422 213-310-02-05 AGUILAR SCOTT J 8c MOLLY M 6436 JASPER WAY CARLSBAD, CA 92009 1764 168-331-82-00 AHRENS CHI 8c LUANN 3427 GENTLE KNOLL ST CARLSBAD, CA 92010 427 213-170-15-00 AIREY BRYAN 8c REBEKAH L 2569 DOGWOOD RD CARLSBAD, CA 92009 291 213-151-01-00 ALARIE JACQUELINE M 6309 HERITAGE WAY CARLSBAD, CA 92009 294 213-151-04-00 ALBERT PATRICK L 6321 HERITAGE DR CARLSBAD, CA 92009 1323 213-291-03-00 ALDRIAN MARK J 8c TALALELEI T 6764 ESTRELLA DE MAR RD CARLSBAD, CA 92009 City of Carlsbad Reassessment District No. 2012-1 - City of Carlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. STATE. ZIP 23 213-112-44-04 ALEMDAR LIVING TRUST 04-20-10 6949 BRASS PL CARLSBAD, CA 92009 782 213-230-12-00 ALESSANDRA ALEC E 8c YON 0 6760 MALACHITE PL CARLSBAD, CA 92009 803 213-231-20-00 ALFARO NAVARETO 8c ROSEMARIE FAMILY 2005 6783 VERMARINE CT CARLSBAD, CA 92009 886 213-240-34-00 ALIEVA SEVDA F TRUST 07-08 10 6929 COPAL PL CARLSBAD, CA 92009 1217 213-280-32-00 ALIOTO LIVING TRUST 12-22-09 6638 HALITE PL CARLSBAD, CA 92009 441 213-170-29-00 ALKAR TRUST A 06-25-85 2563 ARUNDEL AVE CARLSBAD, CA 92009 1425 213-310-02-08 ALKAZIN BRADLEY T 8c ALKAZIN THOMAS M 8c B 6424 JASPER WAY CARLSBAD, CA 92009 1625 168-321-12-00 ALLEN FAMILY TRUST 03-07-08 3523 ROCK RIDGE RD CARLSBAD, CA 92010 410 213-162-33-00 ALLEN ROBERT P 8c TRACY 6314 ENCANTO DR CARLSBAD, CA 92009 1081 213-262-14-05 ALPHA STUDIO HOLDINGS LLC 6152 INNOVATION WAY CARLSBAD, CA 92009 733 213-221-13-00 AMANULLAH ASHRAF 8c LEJUEZ NATHALIE 6826 LEUCITE PL CARLSBAD, CA 92009 1411 213-310-01-11 ANAYA ERIC G 8c TAWNY 2401 COPPER WAY CARLSBAD, CA 92009 257 213-150-09-00 ANDERS WILLIE 8c KAY 2655 BRESSI RANCH WAY CARLSBAD, CA 92009 321 213-151-31-00 ANDERSEN RYAN B 8c CATHERINE L 6316GREENHAVEN DR CARLSBAD, CA 92009 756 213-221-37-00 ANDERSON DALE T 8c KYMBERLY 6831 KORITE PL CARLSBAD, CA 92009 1001 213-250-20-00 ANDERSON LIVING TRUST 10-11-06 6305 KEENELAND DR CARLSBAD, CA 92009 177 213-140-24-00 ANDERSON MATTHEW 8c STEPHANIE 6244 DARTINGTON WAY CARLSBAD, CA 92009 716 213-220-21-00 ANDERSON PAUL 8c LAURA 6822 JADE LN CARLSBAD, CA 92009 1461 168-041-13-23 ANDERSON TRAVIS 3664 JETTY PT CARLSBAD, CA 92010 1203 213-280-18-00 ANDREWS BRIAN 8c JENNIFER 2315KYANITE PL CARLSBAD, CA 92009 1560 168-280-55-00 ANITS ZVI 3574 GRANITE CT CARLSBAD, CA 92010 457 213-170-45-00 ANSARI MASOUD A 2577 GARDEN HOUSE RD CARLSBAD, CA 92009 1830 168-341-05-14 ANTOINE JEFFREY R 4089 PENINSULA DR CARLSBAD, CA 92010 125 213-130-35-00 APODACA CARLYN & CHEATHAM FRED 2552 INGLETON AVE CARLSBAD, CA 92009 1867 168-341-07-06 APPLEBAUM JUDY M 4105 KARST RD CARLSBAD, CA 92010 1459 168-041-13-21 ARCE BETSY 3656 JETTY PT CARLSBAD, CA 92010 1881 168-341-07-20 ARIAS CARLOS A 8c JENIFER B 4090 KARST RD CARLSBAD, CA 92010 1544 168-041-17-10 ARMBRUST THOMAS E 1042 ALEXANDRA LN ENCINITAS, CA 92024 1721 168-331-39-00 ARMSTRONG ROBERT W III 8c CARYN B 2800 CARRILLO WAY CARLSBAD, CA 92009 1812 168-340-03-20 ARNOLD SUSAN M 4047 PENINSULA DR CARLSBAD, CA 92010 1823 168-341-05-07 AROLE PARAG 8c AMIN PRADNYA 4096 PENINSULA DR CARLSBAD, CA 92010 933 213-242-22-00 ARREDONDO MICHELA LIVING TRUST 2258AVENTURINE PL CARLSBAD, CA 92009 1659 168-330-03-00 ARSALAN AHMED 8c SADAF 3487 PLEASANT VALE DR CARLSBAD, CA 92010 1549 168-041-18-03 ASH JUNE S 3629 JETTY PT #9 CARLSBAD, CA 92010 1948 168-351-07-00 ASKELSON ERIC 3434 RICH FIELD DR CARLSBAD, CA 92010 290 213-150-42-00 ASMUSSEN ERIC K 8c COLETTE L 2622 PEPPERTREE WAY CARLSBAD, CA 92009 City ofCarlsbad Reassessment District No. 2012-1 - City ofCarlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. STATE. ZIP 1359 213-292-04-00 ASPER JASON 8c KELLY 6816 ESTRELLA DE MAR RD CARLSBAD, CA 92009 1530 168-041-16-20 ASTLEY ABIGAIL PMB 300 CARLSBAD VILLAGE DR # 108A CARLSBAD, , CA 92008 1533 168-041-16-23 ATILANO ADRIAN J 8c SARAH 3760 JETTY PT CARLSBAD, CA 92010 572 213-181-48-00 AUBERTIN CHRISTIAN P 8c AMY E 2727 PLUMERIA DR CARLSBAD, CA 92009 1462 168-041-13-24 AUERBACH KEITH 8c LAUREN 1789RATCLIFF RD CARLSBAD, CA 92008 891 213-241-05-00 AUSTIN FRANK J 8c CHRISTINE M 2264 CARNELIAN CT CARLSBAD, CA 92009 903 213-241-17-00 AUSTIN SHELTON W 8c LIVESAY KATHERINE 6991 GOLDSTONE RD CARLSBAD, CA 92009 1822 168-341-05-06 AVILA CONRAD M 8c KAREN T 8c TRAPSI VIC S P 0 BOX 4530 CARLSBAD, CA 92018 1755 168-331-73-00 AYAZI ARIANA 3458 RAVINE DR CARLSBAD, CA 92010 1790 168-340-02-19 AYERS BRIDGET E 4023 PENINSULA DR CARLSBAD, CA 92010 1140 213-271-08-00 AZAR WILLIAM G 8c JUNG H 6656 BROOKITE CT CARLSBAD, CA 92009 30 213-112-47-02 AZEVEDO AARON D 6939 BRASS PL CARLSBAD, CA 92009 1387 213-300-04-00 B A DEVELOPMENTS LLC 2766 GATEWAY RD CARLSBAD, CA 92009 1072 213-262-13-17 B G H ENTERPRISES LLC 6106 INNOVATION WAY #N-3 CARLSBAD, CA 92009 1053 213-262-12-03 B T A PARTNERS LLC 6098 INNOVATION WAY CARLSBAD, CA 92009 691 213-212-09-00 BABIKYAN ISSA 6951 AMBER LN CARLSBAD, CA 92009 1312 213-290-36-00 BACH RICHARD C 6702 LIMONITE CT CARLSBAD, CA 92009 823 213-233-01-00 BACKLIN ZACHARY 8c MELISSA FAMILY TRUST 0 6799 ONYX PL CARLSBAD, CA 92009 1980 168-352-31-00 BADINER FAMILY TRUST 06-28-07 3464 MOON FIELD DR CARLSBAD, CA 92010 80 213-112-61-02 BAGSHAW KATHY 6947 TOURMALINE PL CARLSBAD, CA 92009 1488 168-041-15-02 BAHLAWAN MOUNIR 8c NAHED 6644 SURF CREST ST CARLSBAD, CA 92011 1900 168-341-08-15 BAHLAWAN MOUNIR 8c NAHED 4146 KARST RD CARLSBAD, CA 92010 1796 168-340-03-04 BAILEY TIMOTHY 4040 PENINSULA DR CARLSBAD, CA 92010 184 213-140-31-00 BAKER DAVID 8c JESSICA 6225 VILLAGE GREEN DR CARLSBAD, CA 92009 496 213-171-33-00 BAKER ERIC T POBOX 131714 CARLSBAD, CA 92013 8 213-112-41-02 BAKER LINETTE L 6977 BRASS PL CARLSBAD, CA 92009 995 213-250-14-00 BALDWIN JAMES C 8c DENISE M 6351 ALLSTON ST CARLSBAD, CA 92009 280 213-150-32-00 BALDWIN MICHAEL N 8c CALLAGHAN KATHLEEN C 2662 PEPPERTREE WAY CARLSBAD, CA 92009 706 213-220-11-00 BALL CHARLES M 8c CAM A 6805 JADE LN CARLSBAD, CA 92009 1070 213-262-13-15 BALLARD EDWARD R 6104 INNOVATION WAY #N-1 CARLSBAD, CA 92009 1300 213-290-24-00 BALOS JEFFREY W 8c TRACY M P 0 BOX 230451 ENCINITAS, CA 92023 1283 213-290-07-00 BAMRICK MICHAEL 8c JULIANA FAMILY TRUST 0 6748 ESTRELLA DE MAR RD CARLSBAD, CA 92009 1987 168-352-38-00 BANDEL TODD 8c KELLY 3479 MOON FIELD DR CARLSBAD, CA 92010 996 213-250-15-00 BANDEMER BRUCE H 8c KELLY L FAMILY TRUST 6341 ALLSTON ST CARLSBAD, CA 92009 170 213-140-17-00 BANK OF AMERICA 1800 TAPO CANYON RD SIMI VALLEY, CA 93063 721 213-221-01-00 BARANYI NANCY EST OF 7555 EADSAVE #17 LA JOLLA, CA 92037 City of Carlsbad Reassessment District No. 2012-1 - City of Carlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. STATE. ZIP 1523 168-041-16-13 BARBANELL LAURA 4020 BACKSHORE CT CARLSBAD, CA 92010 259 213-150-11-00 BARBOSA GILBERT 8c TORES-BARBOSA BLANCA E 2663 BRESSI RANCH WAY CARLSBAD, CA 92009 377 213-161-12-00 BARD ALEXANDER 8c SHARI W FAMILY TRUST 03 6307 Dl VITA DR CARLSBAD, CA 92009 1406 213-310-01-06 BARDON LAWRENCE R 8c HYATT-BARDON RHONDA 6436 CINNABAR WAY CARLSBAD, CA 92009 456 213-170-44-00 BARKER CURT 8c HELEN 2573 GARDEN HOUSE RD CARLSBAD, CA 92009 1338 213-291-18-00 BARLEY JOSEPH D 8c SARAH E 1983 MARCASITE PL CARLSBAD, CA 92009 1536 168-041-17-02 BARNETT FAMILY TRUST 11-13-01 3605 JETTY PT CARLSBAD, CA 92010 1493 168-041-15-07 BAROLDI JOSEPH T 3710 JETTY PT CARLSBAD, CA 92010 1632 168-321-20-00 BAROUDI HOUSSAM 3507 ROCK RIDGE RD CARLSBAD, CA 92010 1566 168-280-61-00 BARRERA ANDRES P 8c MISTY C 8c BARRERA NEL 3598 GRANITE CT CARLSBAD, CA 92010 1734 168-331-52-00 BARRIOS-HAUNSCHILD RAQUEL LIVING TRUST 0 3525 DEL MAR HEIGHTS RD #371 SAN DIEGO, CA 92130 1909 168-350-03-00 BARRON DOUGLAS SR 8c SHARON 1 77 ROSS PL SIERRA MADRE, CA 91024 139 213-130-49-00 BARRUETTO JOSE G 8c ANNETTE M 2571 INGLETON AVE CARLSBAD, CA 92009 635 213-201-18-00 BARTHOLOMEW STELLA A TRUST 09-27-01 8c WO 2238 IVORY PL CARLSBAD, CA 92009 1371 213-292-16-00 BASSEK ROLAND E 8c BASSEK ELISABETH H 1995 OLIVINE CT CARLSBAD, CA 92009 1575 168-320-02-00 BATTLE FRANK 8c SYLVIA T 3579 ROCK RIDGE RD CARLSBAD, CA 92010 564 213-181-40-00 BAUDIER OLIVIER P L 8c AMBER L 2729 PLUMERIA DR CARLSBAD, CA 92009 1369 213-292-14-00 BECK FAMILY TRUST 01-18-02 6856 ESTRELLA DE MAR RD CARLSBAD, CA 92009 754 213-221-35-00 BECK MICHAEL T 8c DEBRA M 6823 KORITE PL CARLSBAD, CA 92009 278 213-150-30-00 BECKELHIMER WILLIAM J & TAMI L 2672 PEPPERTREE WAY CARLSBAD, CA 92009 327 213-151-37-00 BEDELL ANDREW 8c JULIE 6321 GREENHAVEN DR CARLSBAD, CA 92009 935 213-242-24-00 BEGIN MARC A 8c YOLANDA D 6899 GOLDSTONE RD CARLSBAD, CA 92009 1223 213-280-38-00 BELL BARRY L 8c ANDREATTA NICOLE 6608 HALITE PL CARLSBAD, CA 92009 174 213-140-21-00 BENGTSSON GLENN J 8c NICOLE L 6232 DARTINGTON WAY CARLSBAD, CA 92009 1260 213-283-07-00 BENNER BRIAN 8c JENNIFER FAMILY TRUST 01-6574 HALITE PL CARLSBAD, CA 92009 1981 168-352-32-00 BENNER CHARLES A 8c JULIE L 3466 MOON FIELD DR CARLSBAD, CA 92010 1356 213-292-01-00 BENNETT CASEY G 8c TOBEY G H 6804 ESTRELLA DE MAR RD CARLSBAD, CA 92009 99 213-130-09-00 BENSON FAMILY TRUST 01-26-01 2550 DISCOVERY RD CARLSBAD, CA 92009 1534 168-041-16-24 BENSON ROBERT P III 8c SARAH H 3764 JETTY PT CARLSBAD, CA 92010 1604 168-320-31-00 BENY THOMAS 8c ZAGAMI MICHELLE 3553 SAND CT CARLSBAD, CA 92010 773 213-230-03-00 BERGER MATTHEW W 8c APRIL R 6770 OBSIDIAN PL CARLSBAD, CA 92009 812 213-232-06-00 BERISH DANIEL A 8c PATRICE L 2405 LAPIS RD CARLSBAD, CA 92009 939 213-242-28-00 BERNABE EMMANUEL 8c GARCIA MELINDA C 6883 GOLDSTONE RD CARLSBAD, CA 92009 801 213-231-18-00 BERNAL DAVID A 8c SHIRLEY V 6791 VERMARINE CT CARLSBAD, CA 92009 379 213-162-01-00 BERNHEIM ANTONY P 6309 ENCANTO DR CARLSBAD, CA 92009 906 213-241-20-00 BERRY MICHAEL K 8c LEMIZ 6979 GOLDSTONE RD CARLSBAD, CA 92009 City of Carlsbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carlsbad City ofCarlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. STATE. ZIP 2005 168-353-14-00 BERTRAND ROBERT D 8c HOWARD TINA L 4658 MEADOW DR CARLSBAD, CA 92010 1911 168-350-05-00 BESS RICHARD P III 8c REBEKA M 3441 MOON FIELD DR CARLSBAD, CA 92010 1634 168-321-22-00 BEST ROGER W 8c MALESIS-BEST GEORGIA L 3503 ROCK RIDGE RD CARLSBAD, CA 92010 143 213-130-53-00 BEVINGTON FAMILY TRUST 05-20-03 2555 INGLETON AVE CARLSBAD, CA 92009 1261 213-283-08-00 BHASKER C RAMANA 8c KALA R 6570 HALITE PL CARLSBAD, CA 92009 558 213-181-34-00 BHATIA DEEPU 8c NANDITA 2738 ASCOT AVE CARLSBAD, CA 92009 1654 168-321-42-00 BHATT LIVING TRUST 10-26-06 689 ALLUVIAL AVE CLOVIS, CA 93611 1437 213-310-04-02 BIBER AYTAC 8c MICHELLE B 6445 CINNABAR WAY CARLSBAD, CA 92009 888 213-241-02-00 BIESTERFELD CRAIG 0 8c ALLISON M 10796 ESALSABILARD TUCSON, AZ 85747 401 213-162-23-00 BIG KAHUNA TRUST 10-11-00 6300 MONTECITO DR CARLSBAD, CA 92009 1711 168-331-29-00 BIGGS LAWRENCE R 8c WILKIE MARGARET A 4761 CRATER RIM RD CARLSBAD, CA 92010 1694 168-331-12-00 BILIMORIA YAZ F 8c FIROZA Y A B LIVING TR 3407 PLEASANT VALE DR CARLSBAD, CA 92010 1722 168-331-40-00 BIRD MYRNA B TRUST 11-04-04 POBOX 131766 CARLSBAD, CA 92013 1165 213-272-02-00 BISHOP BRIAN D 8c KIM L 6675 TITANITE PL CARLSBAD, CA 92009 1147 213-271-15-00 BJORKLUND JON 8c RALSTON JILL 6628 BROOKITE CT CARLSBAD, CA 92009 364 213-160-21-00 BLACK COLIN A 8c KING LISA M 6348 HUNTINGTON DR CARLSBAD, CA 92009 971 213-243-23-00 BLACKFORD DAVID E 2002 TRUST 11-19-02 66 SIDRA CV NEWPORT COAST, CA 92657 1758 168-331-76-00 BLAKE BRIAN R 8c LISA L 3446 RAVINE DR CARLSBAD, CA 92010 853 213-240-01-00 BLASI-COUNTOURIOTIS FAMILY TRUST 04-03-0 2295 GALENA AVE CARLSBAD, CA 92009 1207 213-280-22-00 BLASQUEZ BRIAN 8c NANCY 2331 KYANITE PL CARLSBAD, CA 92009 605 213-200-10-00 BLINSTRUBAS THOMAS J 8c DILDINE DANIELLE 6844 CITRINE DR CARLSBAD, CA 92009 1218 213-280-33-00 BLOCH CURTIS S 8c LISA M 6634 HALITE PL CARLSBAD, CA 92009 955 213-243-07-00 BLUE CENTURION HOMES LLC 9265 ACTIVITY RD#112 SAN DIEGO, CA 92126 1395 213-300-12-01 BLUE HAT LLC 6965 EL CAMINO REAL #105-6 CARLSBAD, CA 92009 642 213-202-04-00 BLUM HOWARD A 6837 CITRINE DR CARLSBAD, CA 92009 1163 213-271-31-00 BLUM/PHILLIPS FAMILY TRUST 09-14-07 220 E65TH ST#11D NEW YORK, NY 10065 1831 168-341-05-15 BOBICK BRIAN S 4085 PENINSULA DR CARLSBAD, CA 92010 563 213-181-39-00 BOCCHETTI IRENE L 2733 PLUMERIA DR CARLSBAD, CA 92009 557 213-181-33-00 BOHNERT MICHAEL H 8c LISA M 2734 ASCOT AVE CARLSBAD, CA 92009 1800 168-340-03-08 BOJADOR PATRICK C 8c ALESSONDRA J 4066 PENINSULA DR CARLSBAD, CA 92010 333 213-151-43-00 BOJORQUEZ MICHAEL E 8c RENEE 6302 EDENDALE ST CARLSBAD, CA 92009 585 213-181-61-00 BOLES SCOTT H 6420 ARCHES WAY CARLSBAD, CA 92009 961 213-243-13-00 BOND STEPHEN A 8c STACY L 6975 BIXBITE PL CARLSBAD, CA 92009 879 213-240-27-00 BOOHER MICHAEL 2230 AZURITE PL CARLSBAD, CA 92009 359 213-160-16-00 BORNHOFT ROBERT W & SUSAN M 6368 HUNTINGTON DR CARLSBAD, CA 92009 2009 168-353-18-00 BORSO HEATHER S 8c MARRON KEITH M 4668 MEADOW DR CARLSBAD, CA 92010 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carlsbad City ofCarlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. 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ZIP 203 213-141-15-00 BORTOLUSSI BRETT 8c HARRISON SHAWNA 2633 PARADISE RD CARLSBAD, CA 92009 1194 213-280-09-00 BOSZE ERIC J 8c BERUTI SUE 6635 HALITE PL CARLSBAD, CA 92009 681 213-211-14-00 BOTHMER FREDERICK J 8c PATRICIA A 6890 AMBER LN CARLSBAD, CA 92009 228 213-141-40-00 BOTTS BRIAN 145 VALLECITOS DE ORO #E SAN MARCOS, CA 92069 264 213-150-16-00 BOWEN JAMES B 8c SANDRA M 2695 BRESSI RANCH WAY CARLSBAD, CA 92009 1683 168-331-01-00 BOWES DARREN S 8c JENNY M 3451 PLEASANT VALE DR CARLSBAD, CA 92010 535 213-181-11-00 BOWMAN TRACIE 2763 ASCOT AVE CARLSBAD, CA 92009 1396 213-300-12-02 BOYCE SHELLEY L TRUST 12-07-00 2784 GATEWAY RD #102 CARLSBAD, CA 92009 1959 168-352-10-00 BOYD MARK S 8c TIFFANY L 3480 RICH FIELD DR CARLSBAD, CA 92010 1859 168-341-06-25 BRADFORD RUSSELL S 4107 PENINSULA DR CARLSBAD, CA 92010 255 213-150-07-00 BRAGGIOTTI JOHN F 8c ROBBEN-BRAGGIOTTI CH 2650 GARDEN HOUSE RD CARLSBAD, CA 92009 1877 168-341-07-16 BRAMBLE LORIE L 4078 KARST RD CARLSBAD, CA 92010 627 213-201-10-00 BRENNAN LIVING TRUST 08-04-09 P 0 BOX 2663 CARLSBAD, CA 92018 522 213-180-26-00 BRENNER-VASQUEZ TRUST 09-11-06 2775 PALMETTO DR CARLSBAD, CA 92009 588 213-190-02-00 BRESSI DEVELOPMENT LLC ATTN:PHILIP HITCH CARLSBAD, CA 92009 89 213-122-07-00 BRESSI RANCH COMMUNITY ASSN 1959 PALOMAR OAKS WAY #320 CARLSBAD, CA 92011 88 213-121-02-00 BRESSI RANCH FUEL MART LLC P 0 BOX 456 RANCHO SANTA FE, CA 92067 753 213-221-34-00 BREWER DOUGLAS W 8c AMY L 6819 KORITE PL CARLSBAD, CA 92009 966 213-243-18-00 BREWER SCOTT C 8c SHERMAN-BREWER NICOLE J 6976 AMMONITE PL CARLSBAD, CA 92009 399 213-162-21-00 BRIDGE ENTERPRISES LLC 601 N 44TH AVE PHOENIX, AZ 85043 525 213-181-01-00 BRIENS ERIC 6406 LIVE OAKS DR CARLSBAD, CA 92009 1298 213-290-22-00 BRIESEMEISTER FAMILY TRUST 11-22-11 6753 LIMONITE CT CARLSBAD, CA 92009 875 213-240-23-00 BRISBOIS JOSEPH 0 8c MEIGHAN L 2214 AZURITE PL CARLSBAD, CA 92009 1777 168-340-02-06 BROWN BOBBI-LYNNE 4034 PENINSULA DR CARLSBAD, CA 92010 1849 168-341-06-15 BROWN CHRISTIAN JOHN 4110 KARST RD CARLSBAD, CA 92010 746 213-221-27-00 BROWN FAMILY TRUST 09-05-97 2363 LAPIS RD CARLSBAD, CA 92009 233 213-141-45-00 BROWN KENNETH R 3313 WINCHESTER RD LOUISVILLE, KY 40207 539 213-181-15-00 BROWN RANDALL A 8c DINAH L FAMILY TRUST 0 2747 ASCOT AVE CARLSBAD, CA 92009 1727 168-331-45-00 BROWN/YANG-BROWN TRUST 11 -19-09 3476 GENTLE KNOLL ST CARLSBAD, CA 92010 1284 213-290-08-00 BROWNING TIMOTHY H 8c CARRIE J 6752 ESTRELLA DE MAR RD CARLSBAD, CA 92009 126 213-130-36-00 BRUCE ROBERT W 8c CYNTHIA M 2556 INGLETON AVE CARLSBAD, CA 92009 881 213-240-29-00 BRUNN SCOTT 8c LAWHON KELLY 2238 AZURITE PL CARLSBAD, CA 92009 1701 168-331-19-00 BRYAN THOMAS C 4741 CRATER RIM RD CARLSBAD, CA 92010 852 213-233-30-00 BRYANT PETER R 8c CHEN JOANNA C 6767 MALACHITE PL CARLSBAD, CA 92009 1399 213-300-13-00 BSLATTERY REAL ESTATE HOLDING INC 2782 GATEWAY RD CARLSBAD, CA 92009 1685 168-331-03-00 BUAN EDUARDO T POBOX 130153 CARLSBAD, CA 92013 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. 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ZIP 1710 168-331-28-00 BUBB ADRIAN H 8c SUTTER AMY M 4759 CRATER RIM RD CARLSBAD, CA 92010 395 213-162-17-00 BUBNACK THEODORE G 8c CAROLYN E 6324 MONTECITO DR CARLSBAD, CA 92009 58 213-112-55-02 BUCKLEY MICHAEL 8c REESE SHANNON 6936 FELDSPAR PL CARLSBAD, CA 92009 1578 168-320-05-00 BUDISELIC FAMILY TRUST 12-04-02 3569 ROCK RIDGE RD CARLSBAD, CA 92010 1266 213-283-13-00 BURAK PAUL V JR 8c DYANNA N 6559 HALITE PL CARLSBAD, CA 92009 1697 168-331-15-00 BURDEN DANIEL E 8c JANSSEN BRENDA L 4733 CRATER RIM RD CARLSBAD, CA 92010 1239 213-282-03-00 BURDICK JOHN 8c MARSHA TRUST 08-11 -82 2309 MICA RD CARLSBAD, CA 92009 659 213-202-21-00 BURKART TIMOTHY T 8c LISA R 2007 TRUST 06 2244 IVORY PL CARLSBAD, CA 92009 1615 168-321-02-00 BURKE VICTOR 3543 ROCK RIDGE RD CARLSBAD, CA 92010 439 213-170-27-00 BURKE-NENE FAMILY TRUST 07-12-04 2571 ARUNDEL AVE CARLSBAD, CA 92009 962 213-243-14-00 BURLAND BYRON TRUST 10-16-06 6971 BIXBITE PL CARLSBAD, CA 92009 701 213-220-06-00 BURLESON JOHN T 8c FLANAGAN LYNN 6825 JADE LN CARLSBAD, CA 92009 109 213-130-19-00 BURLINGAME JANNIES S 6206 TOPIARY ST CARLSBAD, CA 92009 870 213-240-18-00 BURNETT FAMILY TRUST 06-01-09 2207 AZURITE PL CARLSBAD, CA 92009 1852 168-341-06-18 BURROWS DANA 4100 KARST RD CARLSBAD, CA 92010 225 213-141-37-00 BURTON TALISIN H 8c MEGAN R 2729 PARADISE RD CARLSBAD, CA 92009 1609 168-320-36-00 BUSTOS KARL M 8c RIA M 3566 SAND CT CARLSBAD, CA 92010 1221 213-280-36-00 BYRD SCOTT A 8c KIMBERLY E 6616 HALITE PL CARLSBAD, CA 92009 1111 213-263-16-00 C 3 CENTER LLC 5838 EDISO PL #100 CARLSBAD, CA 92008 1104 213-263-09-00 C B AQUATIC VENTURES LLC 25 WATERWORKS WAY IRVINE, CA 92618 1677 168-330-21-00 CABRERA RUBEN 8c ROSA ASD 1306 EDGECLIFFE DR LOS ANGELES, CA 90026 2 213-112-39-01 CAGAN HOWARD L 8c CLAUDIA H 6968 BRASS PL CARLSBAD, CA 92009 1468 168-041-14-06 CAGLE BRIAN A 8c SARA E 3685 JETTY PT CARLSBAD, CA 92010 1537 168-041-17-03 CALABRESE SABINA 3601 JETTY PT CARLSBAD, CA 92010 907 213-241-21-00 CALDERON CHRISTOPHER T 8c TARA G 6975 GOLDSTONE RD CARLSBAD, CA 92009 248 213-141-60-00 CALFIN MATTHEW S 8c JULIE L 2628 GARDEN HOUSE RD CARLSBAD, CA 92009 1349 213-291-29-00 CALHOUN MICHAEL L 8c AMI G JOINT LIVING T 1976 MARCASITE PL CARLSBAD, CA 92009 1057 213-262-13-02 CALL MICHAEL C 6130 INNOVATION WAY CARLSBAD, CA 92009 133 213-130-43-00 CALL THOMAS S 8c GREENBERG AIMEE B 2584 INGLETON AVE CARLSBAD, CA 92009 723 213-221-03-00 CALLIS REVOCABLE TRUST 08-07-87 2364 LARIMAR AVE CARLSBAD, CA 92009 667 213-210-08-00 CALLISTO JOHN M 8c SANDRA M 6856 AMBER LN CARLSBAD, CA 92009 844 213-233-22-00 CAMERON FAMILY TRUST 12-04-95 6792 MALACHITE PL CARLSBAD, CA 92009 1742 168-331-60-00 CAMMACK JUSTIN S & ELIZABETH P 3429 RAVINE DR CARLSBAD, CA 92010 463 213-170-51-00 CAMPANA OSCAR 8c ANNE TRUST 03-09-07 2584 ARUNDEL AVE CARLSBAD, CA 92009 1108 213-263-13-00 CAMPANIL GROUP LLC 3235 CAMPANIL DR SANTA BARBARA, CA 93109 247 213-141-59-00 CAMPBELL JOHN A 8c BELYEA LISA M 2632 GARDEN HOUSE RD CARLSBAD, CA 92009 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN 1738 168-331-56-00 1833 168-341-05-17 1561 168-280-56-00 32 213-112-47-04 204 213-141-16-00 807 213-232-01-00 923 213-242-10-00 1702 168-331-20-00 249 213-150-01-00 1026 213-261-05-00 744 213-221-25-00 1691 168-331-09-00 1693 168-331-11-00 1227 213-281-03-00 141 213-130-51-00 1148 213-271-16-00 1938 168-350-32-00 1995 168-353-04-00 1467 168-041-14-05 1264 213-283-11-00 1673 168-330-17-00 148 213-130-58-00 1746 168-331-64-00 37 213-112-49-01 1327 213-291-07-00 1666 168-330-10-00 506 213-180-10-00 1373 213-292-18-00 544 213-181-20-00 1740 168-331-58-00 1916 168-350-10-00 471 213-171-08-00 728 213-221-08-00 1407 213-310-01-07 349 213-160-06-00 974 213-243-26-00 OWNER CAMPBELL MICHELLE M CANFIELD RONALD S JR 8c SARAH C G CANICOSA ZENAIDA O CANNON PETER E 8c MARTHA L CARA BISMARCK A 8c ADRIANA CARBINE DOUGLAS N 8c CHERIE M CARCHIDI KENNETH D 8c JOHNSON CATHERINE CARIAGA CAROLYN CARLE PAULETTE F CARLSBAD SELF STORAGE INVESTORS LLC CARMAN DWAYNE JR 8c NORA B CARNEY MICHAEL P 8c DEBRA J CARPENTIER ROBERT A 8c MARIAN R CARREON RICHARD R 8c DEBRA A CARRINGTON ROBERT F CARUSO ANTHONY J 8c MARGARET C CASANADA MICHELLE 8c CASANADA AVELINO 8c F CASEY DOUGLAS A 8c ROBIN K CASTILE BRENDAN R 8c GRANT LARISSA J CASTRO DAVID E 8c SAGE H CASTRO ROMULO R 8c MERCY R CASTRO-MARTINEZ LIVING TRUST 07-24-08 CATILUS CRAIG 8c ALISON CATOVIC AMER 8c MARWAH CAUTELA RENATO 8c PALMER JOHN CEJA FLAVIO 8c SANDRA G CERQUA LAURA J CERVERA RICARDO CHAMBERS MARTIN J REVOCABLE TRUST 01-15- CHAN MING F & SRIVATSA GITHA S TRUST 04- CHANG AGNES H CHANG CHIA-NING 8c CHANG TA-CHIH CHANG HENRY C 8c JULIE D CHANG ROBERT CHANG STUART D CHANG WEIJEN W 8c HOUSMAN LAURIE ADDRESS 427 9TH AVE #1202 4091 PENINSULA DR 3578 GRANITE CT 6935 BRASS PL 2637 PARADISE RD 2425 LAPIS RD 2263AVENTURINE PL 4743 CRATER RIM RD 2676 GARDEN HOUSE RD PO BOX 1368 2371 LAPIS RD 3419 PLEASANT VALE DR 3411 PLEASANT VALE DR 6675 HALITE PL PO BOX 131301 6624 BROOKITE CT 3448 MOON FIELD DR 3488 RICH FIELD DR 3681 JETTY PT 6558 HALITE PL 3494 GENTLE KNOLL ST 2562 TOWN GARDEN RD 3445 RAVINE DR 6916 BRASS PL 6780 ESTRELLA DE MAR RD 3463 PLEASANT VALE DR 3718 N KENMORE AVE #301 1987 OLIVINE CT 2727 ASCOT AVE 4738 CRATER RIM RD 2848 WESTWOOD DR NW 2183 AVENIDA TORONJA 2384 LARIMAR AVE 6432 CINNABAR WAY 6371 HUNTINGTON DR 6985 AMMONITE PL CITY. STATE. ZIP SAN DIEGO, CA 92101 CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92018 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92013 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CHICAGO, IL 60613 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 OLYMPIA, WA 98502 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. STATE. ZIP 1641 168-321-29-00 CHAD EUN KYOUNG 11300 MONTGALL AVE #1102 KANSAS CITY, MO 64137 105 213-130-15-00 CHAD YUEN 8c SHARON FAMILY REVOCABLE LIVI 2574 DISCOVERY RD CARLSBAD, CA 92009 813 213-232-07-00 CHAPIN THOMAS W 2401 LAPIS RD CARLSBAD, CA 92009 1581 168-320-08-00 CHAPPELL ERIC A 8c DIANE L 3563 ROCK RIDGE RD CARLSBAD, CA 92010 1186 213-280-01-00 CHAVEZ RALPH D 8c DEBBIE J TRS 6603 HALITE PL CARLSBAD, CA 92009 407 213-162-30-00 CHELLADURAI SENTHILKUMAR 8c SENTHILKUMAR 3700 AZIMUTH PL CARLSBAD, CA 92010 243 213-141-55-00 CHEN DER BAO 1 LEUCADIA IRVINE, CA 92602 1893 168-341-08-08 CHEN JONES 8c MINGWHEI 56 EVERGREEN AVE BROOMALL, PA 19008 1585 168-320-12-00 CHEN TACHUN 3555 ROCK RIDGE RD CARLSBAD, CA 92010 1944 168-351-03-00 CHEN TIEN-TSUNG 8c CHING-CKO FAMILY 1995 3435 RICH FIELD DR CARLSBAD, CA 92010 1243 213-282-07-00 CHEN-CHONG LIVING TRUST 12-19-07 2325 MICA RD CARLSBAD, CA 92009 1982 168-352-33-00 CHEUNG ALAN W 8c LIM ROWENA T 3468 MOON FIELD DR CARLSBAD, CA 92010 346 213-160-03-00 CHEUNG LOUIS S & CATHERINE N 6359 HUNTINGTON DR CARLSBAD, CA 92009 1291 213-290-15-00 CHEW BENSON G H 8c LORENA J 6730 LIMONITE CT CARLSBAD, CA 92009 650 213-202-12-00 CHEYAPANTA PAUL S 8c MERCADO-CHEYAPANTA R6862 CITRINE DR CARLSBAD, CA 92009 1703 168-331-21-00 CHIANG PENGTA ANTHONY 8c WANG l-FANG 4745 CRATER RIM RD CARLSBAD, CA 92010 729 213-221-09-00 CHILDERS PAUL J 8c STEPHANIE M 2388 LARIMAR AVE CARLSBAD, CA 92009 790 213-231-07-00 CHOCHOLEK DRAKE C 6766 VERMARINE CT CARLSBAD, CA 92009 1403 213-310-01-03 CHOI DEREK 8c CHOI SOOK HEE 6448 CINNABAR WAY CARLSBAD, CA 92009 1288 213-290-12-00 CHOI JOHN JEASHIN & CHRISTY HA 6718 LIMONITE CT CARLSBAD, CA 92009 1730 168-331-48-00 CHOI Kl SUNG 8c SUNGAE 3448 PLEASANT VALE DR CARLSBAD, CA 92010 1670 168-330-14-00 CHON BRIAN SU YOUNG 3484 GENTLE KNOLL ST CARLSBAD, CA 92010 1476 168-041-14-14 CHON JE HWAN 8c MIN OH MlH 3705 JETTY PT CARLSBAD, CA 92010 538 213-181-14-00 CHONG FAMILY TRUST 05-11-05 1038 SCENIC WAY CARLSBAD, CA 92008 310 213-151-20-00 CHOONG VI-EN 8c ANDREA 6323 HUNTINGTON DR CARLSBAD, CA 92009 389 213-162-11-00 CHOPRA DEVINDER R 8c KRISHNA 2693 ECHO AVE CARLSBAD, CA 92009 1726 168-331-44-00 CHOW CHAK CHEONG 1304CASSINS ST CARLSBAD, CA 92011 1361 213-292-06-00 CHOY EDDIE L T 8c JANE A T 6824 ESTRELLA DE MAR RD CARLSBAD, CA 92009 370 213-161-05-00 CHU FAMILY TRUST 12-08-93 6335 Dl VITA DR CARLSBAD, CA 92009 265 213-150-17-00 CHU JONATHAN CHUNG-NAN 8c TIEN-YU 2699 BRESSI RANCH WAY CARLSBAD, CA 92009 1793 168-340-03-01 CHU KIMMY T 4046 PENINSULA DR CARLSBAD, CA 92010 1602 168-320-29-00 CHUEH SHIH-JUNG 8c SUNG YI-HUI REVOCABLE 3561 SAND CT CARLSBAD, CA 92010 325 213-151-35-00 CHUKIAT DON 8c VICKIE 12 WADSWORTH IRVINE, CA 92620 1539 168-041-17-05 CHUNG ALVIN 11315 MISSISSIPPI AVE #208 LOS ANGELES, CA 90025 26 213-112-46-02 CHUNG MARK MINKYU 6946 BRASS PL CARLSBAD, CA 92009 1996 168-353-05-00 CICHASKY DANIEL C & ANDERSON BARBARA A 3490 RICH FIELD DR CARLSBAD, CA 92010 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN 600 213-200-05-00 1346 213-291-26-00 173 213-140-20-00 1883 168-341-07-22 1294 213-290-18-00 101 213-130-11-00 1752 168-331-70-00 313 213-151-23-00 503 213-180-07-00 448 213-170-36-00 894 213-241-08-00 1648 168-321-36-00 959 213-243-11-00 447 213-170-35-00 898 213-241-12-00 1773 168-340-02-02 1518 168-041-16-08 775 213-230-05-00 231 213-141-43-00 1190 213-280-05-00 997 213-250-16-00 1540 168-041-17-06 190 213-141-02-00 1565 168-280-60-00 1914 168-350-08-00 1817 168-341-05-01 1974 168-352-25-00 945 213-242-39-00 622 213-201-05-00 1546 168-041-17-12 1806 168-340-03-14 465 213-171-02-00 1124 213-270-10-00 1388 213-300-05-00 1463 168-041-14-01 758 213-221-39-00 OWNER CIPRIANNI MICHAEL A 8c VANESSA CIRINCIONE ANTHONY S 8c BRENDA B CLARK DALE J 8c MICHELLE CLARK PAUL E 8c MARY G CLARKE FAMILY TRUST 07-12-06 CLARKE MICHAEL R 8c ELIZABETH CLEAVERKING DANIELLE CLINE BRYAN 8c LAURA LIVING TRUST 04-14-0 CLOAKEY FAMILY TRUST 02-04-97 CLOTFELTER CUTTER 8c BRITTANY COBB-WALKER TRUST 10-30-08 COCHRAN STEPHEN M JR 8c LISA E COCQUEREL PETER N 8c NG YOKE CHENG COFFMAN KEVIN J COHEN ANTHONY 8c DIANE COLBURN JERRY 8c CYNTHIA COLEBROOKE JODIE O COLEY STEVEN D COLOME DENNIS M CONRAD KENNETH A 8c JOANNE R FAMILY TRUST CONWAY FAMILY TRUST 01-29-10 COOK GEOFFREY P 8c JOANNE COOKE KERRY E COOPER CHRISTINA M COOPER WILLIAM J CORNILLE REBECCA CORNWALL ALLEN S 8c LISA L CORNWELL MICHAEL N 8c SOUSA LORIE COSCIA ALBERT A 8c PENELOPE COSTELLO BRIAN P 8c FRITCH AMBER L COSTELLO LORENA COWAN JOHN 8c KRISTI COZENS ADAM T 8c JAMIE L CP BUSINESS ENTERPRISES INC CRAMOND ANDREW T 8c AMEE S CROGAN BRIAN 8c DANA ADDRESS 6829 TANZANITE DR 1964 MARCASITE PL 6228 DARTINGTON WAY 4086 KARST RD 6742 LIMONITE CT 2558 DISCOVERY RD 1564 SUMMIT AVE 6335 HUNTINGTON DR 2735 PALMETTO DR P O BOX 7029 2276 CARNELIAN CT 3524 ROCK RIDGE RD 6983 BIXBITE PL 1630 COLLINGWOOD DR 6980 GOLDSTONE RD 1475 AVENIDA LA POSTA 4004 BACKSHORE CT 2461 LAPIS RD 2696 BRESSI RANCH WAY 6619 HALITE PL 6331 ALLSTON ST 3613 JETTY PT 6253 COTTAGE DR 3594 GRANITE CT 3429 MOON FIELD DR 4076 PENINSULA DR 3473 RICH FIELD DR 2278AVENTURINE PL 6853 TANZANITE DR 3614 JETTY PT 4075 PENINSULA DR 6258 TOPIARY ST 2401 MICA RD 2772 GATEWAY RD 5470 WOLVERINE TER 6836 KORITE PL CITY. STATE. ZIP CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARDIFF, CA 92007 CARLSBAD, CA 92009 CARLSBAD, CA 92009 RANCHO SANTA FE, CA 92067 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 SAN DIEGO, CA 92109 CARLSBAD, CA 92009 ENCINITAS, CA 92024 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 City of Carisbad Reassessment District No. 2012-1 - City ofCarlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City ofCarlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. STATE. ZIP 574 213-181-50-00 CROMWELL FAMILY TRUST 03-03-08 2735 PLUMERIA DR CARLSBAD, CA 92009 1117 213-270-03-00 CRUMBAKER BRIAN R 8c LORRIE L 2458 MICA RD CARLSBAD, CA 92009 1263 213-283-10-00 CRUZ BERNARDO V 8c NATIVIDAD M 14CLIFFSIDE WAY BOONTON, NJ 07005 726 213-221-06-00 CRUZ DIONIDES D JR 8c ZARINA D 2376 LARIMAR AVE CARLSBAD, CA 92009 550 213-181-26-00 CUMMINGS CHRISTOPHER 8c KIRSTEN 2706 ASCOT AVE CARLSBAD, CA 92009 1813 168-340-03-21 CUMMINGS MICHAEL C 8c JULITA 4043 PENINSULA DR CARLSBAD, CA 92010 1795 168-340-03-03 CUNHA LUCAS S 8c CONSTANCE S 4045 PENINSULA DR CARLSBAD, CA 92010 92 213-130-02-00 CUNNEEN GARY S 2006 TRUST 12-29-06 6225 ALVERTON DR CARLSBAD, CA 92009 947 213-242-41-00 CURTIS LIVING TRUST 11-17-09 6879 GOLDSTONE RD CARLSBAD, CA 92009 1377 213-292-22-00 CUZENS JARROD W 1951 MARCASITE PL CARLSBAD, CA 92009 1008 213-260-01-02 DPT PROPERTIES LLC 700 GARDEN VIEW CT #103 ENCINITAS, CA 92024 561 213-181-37-00 DAI NINGDA A 6411 ARCHES WAY CARLSBAD, CA 92009 17 213-112-43-03 DALTO ROBERT L 8c DENISE D 6956 BRASS PL CARLSBAD, CA 92009 531 213-181-07-00 DALY MATTHEW 8c CHANDA 6430 LIVE OAKS DR CARLSBAD, CA 92009 1006 213-250-25-00 DAMIAN ANGEL 8c ARACELI 3241 CUTTING HORSE RD NORCO, CA 92860 1992 168-353-01-00 DAMICO DEBORA 8c LAWSON MAGDALENA P 3482 RICH FIELD DR CARLSBAD, CA 92010 1558 168-280-53-00 DANAHER PATRICE W 3573 GRANITE CT CARLSBAD, CA 92010 48 213-112-51-04 DANCHERTSEN CATHERINE N 6920 TOURMALINE PL CARLSBAD, CA 92009 982 213-250-01-00 DANG CHUONG MICHAEL V 8c NGUYEN KELLY DAO 12609 193RD ST CERRITOS, CA 90703 318 213-151-28-00 DANIELSON RONALD F 8c PAIGE C 6328 GREENHAVEN DR CARLSBAD, CA 92009 676 213-211-09-00 DANKWORTH STEPHEN R 8c KIMBERLY W 2344 ZODIAC ST CARLSBAD, CA 92009 975 213-243-27-00 DAVE NIMISH S & JUI 6981 AMMONITE PL CARLSBAD, CA 92009 292 213-151-02-00 DAVIDSON FAMILY TRUST 10-11-07 6313 HERITAGE DR CARLSBAD, CA 92009 206 213-141-18-00 DAVIDSON SCOTT E POBOX 3129 BIG BEAR LAKE, CA 92315 981 213-243-33-00 DAVIES CHRISTOPHER 8c CYNTHIA P 6957 AMMONITE PL CARLSBAD, CA 92009 1962 168-352-13-00 DAVIES STEVEN 8c SHELLEY 4676 MEADOW DR CARLSBAD, CA 92010 867 213-240-15-00 DAVIS BRUCE R TR 2219 AZURITE PL CARLSBAD, CA 92009 1316 213-290-40-00 DAVIS JAMES R 8c KIMBERLEY A 1944 COBALT DR CARLSBAD, CA 92009 1990 168-352-41-00 DAVIS MATTHEW 3467 MOON FIELD DR CARLSBAD, CA 92010 669 213-211-02-00 DAVIS RANDALL 8c MARION E 6891 AMBER LN CARLSBAD, CA 92009 1517 168-041-16-07 DAVISON JASON J 4002 BACKSHORE CT CARLSBAD, CA 92010 1808 168-340-03-16 DAVISON SCOTT 8c SARA 4079 PENINSULA DR CARLSBAD, CA 92010 1292 213-290-16-00 DEAL FAMILY TRUST 04-05-10 6734 LIMONITE CT CARLSBAD, CA 92009 737 213-221-17-00 DEAN FAMILY JANUARY 2007 TRUST 01-17-07 2378 LAPIS RD CARLSBAD, CA 92009 1297 213-290-21-00 DECAMP JOSEPH S 8c JENNIFER L 6754 LIMONITE CT CARLSBAD, CA 92009 438 213-170-26-00 DECKER STEPHANIE 2575 ARUNDEL AVE CARLSBAD, CA 92009 City of Carisbad Reassessment District No. 2012-1 - City of Cartsbad Prepared by NBS - December 4, 2012 City of Carlsbad City ofCarlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. STATE. ZIP 811 213-232-05-00 DECKER THOMAS C TRUST 07-10-96 8c DECKER 2409 LAPIS RD CARLSBAD, CA 92009 1827 168-341-05-11 DEE RYAN S 4092 PENINSULA DR CARLSBAD, CA 92010 1951 168-352-02-00 DEEMER LISA M 3464 RICH FIELD DR CARLSBAD, CA 92010 1792 168-340-02-21 DEFILIPPIS SUZANNE D 4025 PENINSULA DR CARLSBAD, CA 92010 169 213-140-16-00 DELANO JOSEPH ALOYSIUS 6203 DARTINGTON WAY CARLSBAD, CA 92009 223 213-141-35-00 DELAROSA MICHAEL A 2721 PARADISE RD CARLSBAD, CA 92009 1884 168-341-07-23 DELISLE GEORGE 8c JOANN 4088 KARST RD CARLSBAD, CA 92010 559 213-181-35-00 DELKER FRANK M 8c JOSIE F 6419 ARCHES WAY CARLSBAD, CA 92009 1002 213-250-21-00 DELLAPENNA LIVING TRUST 10-28-10 6315 KEENELAND DR CARLSBAD, CA 92009 72 213-112-58-01 DEMARCO JANE 6926 TOURMALINE PL CARLSBAD, CA 92009 1631 168-321-19-00 DENENNY JACQUELINE R 3509 ROCK RIDGE RD CARLSBAD, CA 92010 983 213-250-02-00 DENEROFF FAMILY REVOCABLE LIVING TRUST 1 6384 KEENELAND DR CARLSBAD, CA 92009 1633 168-321-21-00 DENG FAMILY TRUST 02-26-99 3505 ROCK RIDGE RD CARLSBAD, CA 92010 2000 168-353-09-00 DENG XINHUI 8c WU JIANHUA 3498 RICH FIELD DR CARLSBAD, CA 92010 954 213-243-06-00 DENINGER DANIEL A 8c TINA E 6982 BIXBITE PL CARLSBAD, CA 92009 1352 213-291-32-00 DENNISTON PHILIP L 8c ASHLEY L 1986 MARCASITE PL CARLSBAD, CA 92009 654 213-202-16-00 DEPFYFFER KURT C 8c SARAH P 6848 CITRINE DR CARLSBAD, CA 92009 123 213-130-33-00 DEROSALES LEDESMA L 2557 DISCOVERY RD CARLSBAD, CA 92009 1994 168-353-03-00 DEROZE MARK D 3486 RICH FIELD DR CARLSBAD, CA 92010 1728 168-331-46-00 DESAI DHAVAL S 8c AMI D 3456 PLEASANT VALE DR CARLSBAD, CA 92010 1986 168-352-37-00 DESAI MAHADEVBHAI D 4681 MEADOW DR CARLSBAD, CA 92010 1222 213-280-37-00 DESAI NIRENS 8c ANITA N 6612 HALITE PL CARLSBAD, CA 92009 1771 168-331-89-00 DESAI PANKAJ A 8c MINAKSHI P 3455 GENTLE KNOLL ST CARLSBAD, CA 92010 893 213-241-07-00 DESHAZO CLAUDE 8c MAUREEN REVOCABLE TRUS 2272 CARNELIAN CT CARLSBAD, CA 92009 1586 168-320-13-00 DESHON DAREN N & MONICA L 3553 ROCK RIDGE RD CARLSBAD, CA 92010 1698 168-331-16-00 DESMIT MARGARET A 4735 CRATER RIM RD CARLSBAD, CA 92010 1125 213-270-11-00 DESPAIN ROBERT W 8c WHITNEY T 2405 MICA RD CARLSBAD, CA 92009 1309 213-290-33-00 DIAMANTIDIS PHILIP 8c LEE SELENA 6709 LIMONITE CT CARLSBAD, CA 92009 1979 168-352-30-00 DIANATt ROBERT R 8c ALAMI-RAD MAHVASH 3462 MOON FIELD DR CARLSBAD, CA 92010 1458 168-041-13-20 DIAZ MARIA A 3660 JETTY PT CARLSBAD, CA 92010 621 213-201-04-00 DIAZ-DUARTE CARLOS 6849 TANZANITE DR CARLSBAD, CA 92009 1935 168-350-29-00 DIETER BRANDON A 8c CYNTHIA J 3436 MOON FIELD DR CARLSBAD, CA 92010 212 213-141-24-00 DIETRICH LYNN A 2669 PARADISE RD CARLSBAD, CA 92009 953 213-243-05-00 DIGIACOMO THOMAS 8c PATRICIA 22 CHESTERFIELD DR CHESTER, NJ 07930 1270 213-283-17-00 DIGIOIA JOHN J JR 8c DEANA L 6575 HALITE PL CARLSBAD, CA 92009 1308 213-290-32-00 DILLON DAVID P 8c LINDSAY 6713 LIMONITE CT CARLSBAD, CA 92009 City of Carisbad Reassessment District No. 2012-1 - City of Carlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City ofCarlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. STATE. ZIP 135 213-130-45-00 DILLON JEFFREY R 8c ELIZABETH A 2587 INGLETON AVE CARLSBAD, CA 92009 1885 168-341-07-24 DIMOFF FAMILY 2006 TRUST 06-02-06 232 HYGEIA CT ENCINITAS, CA 92024 793 213-231-10-00 DIRTADIAN STEPHAN 8c MARGARET 6778 VERMARINE CT CARLSBAD, CA 92009 1012 213-260-01-07 DISCOVERY CHILDRENS DENTISTRY LLC 6221 METROPOLITAN ST #202 CARLSBAD, CA 92009 435 213-170-23-00 DISTER BRIAN 8c SHERI 2586 DOGWOOD RD CARLSBAD, CA 92009 1538 168-041-17-04 DJIFROUDI MARJAN 8c KHOSROVI KHADIJEH 2287 CAMINITO PAJARITO #162 SAN DIEGO, CA 92107 442 213-170-30-00 DOAN NHAT D 2559 ARUNDEL AVE CARLSBAD, CA 92009 1596 168-320-23-00 DONIA TONY 8c SANDRA 54 CHELTENHAM AVE L4L1K7 CANADA, 929 213-242-16-00 DOOLEY GAVIN 8c JESSICA 2282AVENTURINE PL CARLSBAD, CA 92009 560 213-181-36-00 DORN MICHAEL H 8c SUSANNE B 7 RUE LINCOLN 75008 PARIS FRANC, 918 213-242-05-00 DOUGHERTY CYNTHIA A 6907 GOLDSTONE RD CARLSBAD, CA 92009 1324 213-291-04-00 DOYLE RICHARD P 8c HANNIA L 6768 ESTRELLA DE MAR RD CARLSBAD, CA 92009 1121 213-270-07-00 DRESIOS JOHN 8c VELENTZA ANASTASIA 2442 MICA RD CARLSBAD, CA 92009 1457 168-041-13-19 DRESSEL REINHART 3658 JETTY PT CARLSBAD, CA 92010 1205 213-280-20-00 DRISKO KEVIN 8c LINDSAY JULIE 2323 KYANITE PL CARLSBAD, CA 92009 1713 168-331-31-00 DUBOURDIEU MARK 8c CASSANDRA REVOCABLE 154765 CRATER RIM RD CARLSBAD, CA 92010 1743 168-331-61-00 DUBOURDIEU PHILIP & TRICIA L 3433 RAVINE DR CARLSBAD, CA 92010 341 213-151-51-00 DUCA JOHN J 8c TOBIAS MARIA L C 6334 EDENDALE ST CARLSBAD, CA 92009 3 213-112-39-02 DUCHENE BRIAN G 6970 BRASS PL CARLSBAD, CA 92009 262 213-150-14-00 DUCHENE DENNIS A 2675 BRESSI RANCH WAY CARLSBAD, CA 92009 361 213-160-18-00 DUFF MARTIN H IV 8c JESSICA W 6360 HUNTINGTON DR CARLSBAD, CA 92009 1302 213-290-26-00 DUFFY KEVIN M 6737 LIMONITE CT CARLSBAD, CA 92009 682 213-211-15-00 DUICH MICHAEL B 8c LESLIE L 6886 AMBER LN CARLSBAD, CA 92009 617 213-200-22-00 DUNHAM STEPHEN R 6831 HELENITE PL CARLSBAD, CA 92009 1860 168-341-06-26 DUNKER BRYAN K 8c HONRADO JOSELLE T 4105 PENINSULA DR CARLSBAD, CA 92010 601 213-200-06-00 DUREN LARS N 8c KERRI A 6833 TANZANITE DR CARLSBAD, CA 92009 2001 168-353-10-00 DURIE RONALD G 8c MARIE L 4650 MEADOW DR CARLSBAD, CA 92010 306 213-151-16-00 DURKIN JOSEPH A 8c DENISE A 6314 HUNTINGTON DR CARLSBAD, CA 92009 976 213-243-28-00 DUSTOOR FAMILY TRUST 05-04-11 6977 AMMONITE PL CARLSBAD, CA 92009 1501 168-041-15-15 DUTTA FAMILY TRUST 07-07-97 7819 VISTA LAZANJA SAN DIEGO, CA 92127 630 213-201-13-00 DVORAK DALE 8c PAMELA 2001 TRUST 12-27-01 6835 HELENITE PL CARLSBAD, CA 92009 1154 213-271-22-00 DWYER JONATHAN C 8c YVETTE R 6646 TITANITE PL CARLSBAD, CA 92009 624 213-201-07-00 E A J TRUST 09-08-09 6863 TANZANITE DR CARLSBAD, CA 92009 1600 168-320-27-00 EASTERBROOK CLARK 8c KATHRYN 3569 SAND CT CARLSBAD, CA 92010 1850 168-341-06-16 EBETE DONN H 8c GAN DANALYN P 4102 KARST RD CARLSBAD, CA 92010 596 213-200-01-00 ECKEL LEE N 8c NAOKO O 6813 TANZANITE DR CARLSBAD, CA 92009 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carisbad City ofCarlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. STATE. ZIP 1 213-110-01-00 ECR CORPORATE CENTER LP 5600 AVENIDA ENCINAS #100 CARLSBAD, CA 92008 818 213-232-13-00 EDDY MICHAEL A 8c PATRICIA 2436 LAPIS RD CARLSBAD, CA 92009 1452 168-041-13-14 EDGEL JENNIFER D 3644 JETTY PT CARLSBAD, CA 92010 1759 168-331-77-00 EDIGA NARASHIMA B 8c NAGELLI-EDIGA UMABAR 2044 CAP ROCK DR RICHARDSON, TX 75080 1940 168-350-34-00 EDSON THEODORE D 8c DEBRA S 3456 MOON FIELD DR CARLSBAD, CA 92010 625 213-201-08-00 EDWARDS LIVING TRUST 05-03-99 6860 TANZANITE DR CARLSBAD, CA 92009 1620 168-321-07-00 EGKAN JEFF L 8c THERESA H 3533 ROCK RIDGE RD CARLSBAD, CA 92010 396 213-162-18-00 EGLI JERRY D LIVING TRUST 01-17-03 6320 MONTECITO DR CARLSBAD, CA 92009 1413 213-310-01-13 EHN JENNY 2409 COPPER WAY CARLSBAD, CA 92009 836 213-233-14-00 EHSAN HOUMAN 6785 OBSIDIAN PL CARLSBAD, CA 92009 692 213-212-10-00 EHSAN MOHAMMAD R 6950 AMBER LN CARLSBAD, CA 92009 1128 213-270-14-00 EICHER MICHAEL J 8c DAWN K 2417 MICA RD CARLSBAD, CA 92009 1520 168-041-16-10 EISNER JUSTIN 4012 BACKSHORE CT CARLSBAD, CA 92010 1159 213-271-27-00 EL-GHOROURY AMIR H 8c LINDSAY J 8c BLACKBU 6626 TITANITE PL CARLSBAD, CA 92009 567 213-181-43-00 ELKINS CHRISTOPHER G 8c ESCURO GUIA-LYNN 2717 PLUMERIA DR CARLSBAD, CA 92009 187 213-140-34-00 ELLINGSEN ERIC 8c NATALIE C 6237 VILLAGE GREEN DR CARLSBAD, CA 92009 850 213-233-28-00 ELLIOTT JAMES M 8c LEWIS EVELYN J 6775 MALACHITE PL CARLSBAD, CA 92009 612 213-200-17-00 ELSHIRE LIVING TRUST 09-11-97 6816 CITRINE DR CARLSBAD, CA 92009 287 213-150-39-00 ERNEST JACOB 8c NICOLE C 2634 PEPPERTREE WAY CARLSBAD, CA 92009 1801 168-340-03-09 ESCOBAR JACK V 8c MAXINE G 4070 PENINSULA DR CARLSBAD, CA 92010 1607 168-320-34-00 ESHELMAN FAMILY TRUST 04-12-83 3558 SAND CT CARLSBAD, CA 92010 1864 168-341-07-03 ESPINOZA RAUL S 8c CULVER ALISON B 4095 KARST RD CARLSBAD, CA 92010 222 213-141-34-00 ESPIRITU FRANZ C 8c ESPERANZA R 2717 PARADISE RD CARLSBAD, CA 92009 1618 168-321-05-00 ESQUEDACALDERON CELIA 3537 ROCK RIDGE RD CARLSBAD, CA 92010 1067 213-262-13-12 ESTES DAVID H 8c GILVEY MARGUERITTE F 2611 LA GOLONDRINA ST CARLSBAD, CA 92009 1068 213-262-13-13 ESTES DAVID H 8c GILVEY MARGUERITTE F 2611 LA GOLONDRINA ST CARLSBAD, CA 92009 1612 168-320-39-00 ESTES MICHAEL N 8c DONNA C 3567 PEBBLE ST CARLSBAD, CA 92010 175 213-140-22-00 ESWARAKA JEETENDRA 8c JAYAKAR HIMANGI R 6236 DARTINGTON WAY CARLSBAD, CA 92009 199 213-141-11-00 ETTINGER JAMES P 8c ELENA L 6262 VILLAGE GREEN DR CARLSBAD, CA 92009 1988 168-352-39-00 EVOLA KEITH G FAMILY RETREAT LLC 250 N ROSE ST MT CLEMENS, Ml 48043 1886 168-341-08-01 FACIONE CHRISTOPHER J 4132 KARST RD CARLSBAD, CA 92010 831 213-233-09-00 FADDICK CHRISTOPHER J 8c ADAMS LISA N 6794 OBSIDIAN PL CARLSBAD, CA 92009 697 213-220-02-00 FALL DONALD R 8c JANET M REVOCABLE FAMILY 301 W G ST #302 SAN DIEGO, CA 92101 789 213-231-06-00 FALLINI CHUCK 8c KAREN FAMILY TRUST 02-01 6745 VERMARINE CT CARLSBAD, CA 92009 1931 168-350-25-00 FAMILO JAMIE 8c JENNIFER 3459 RICH FIELD DR CARLSBAD, CA 92010 1921 168-350-15-00 FANT DOYLE 8c BONNIE REVOCABLE TRUST 11-0 3446 RICH FIELD DR CARLSBAD, CA 92010 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carisbad City of Carisbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. STATE. ZIP 1857 168-341-06-23 FARNAM BRIAN 8c MICHELLE 4103 PENINSULA DR CARLSBAD, CA 92010 1563 168-280-58-00 FARRINGTON AMY E LIVING TRUST 03-05-10 3586 GRANITE CT CARLSBAD, CA 92010 1766 168-331-84-00 FAUSETT DIANE M 3435 GENTLE KNOLL ST CARLSBAD, CA 92010 1902 168-341-08-17 FEDERAL HOME LOAN MORTGAGE CORP 400 COUNTRYWIDE WAY SIMI VALLEY, CA 93065 704 213-220-09-00 FELDERSTEIN BRIAN K 8c CHONG UMI 6813 JADE LN CARLSBAD, CA 92009 623 213-201-06-00 FELT JOHN R & LILAH 6857 TANZANITE DR CARLSBAD, CA 92009 428 213-170-16-00 FENG GANG 8c JIANG JING 2558 DOGWOOD RD CARLSBAD, CA 92009 1386 213-300-03-00 FENGHAI INTERNATIONAL INC 3199 CORTE TAMARINDO CARLSBAD, CA 92009 93 213-130-03-00 FERGUSON FAMILY TRUST 07-11-02 6221 ALVERTON DR CARLSBAD, CA 92009 1451 168-041-13-13 FERGUSON MARY B 3642 JETTY PT CARLSBAD, CA 92010 498 213-180-02-00 FERRARA ANNE-MARIE B 2006 TRUST 2755 PALMETTO DR CARLSBAD, CA 92009 1660 168-330-04-00 FERRARI PAUL 8c KARIS 3485 PLEASANT VALE DR CARLSBAD, CA 92010 413 213-170-01-00 FERREGUR CRISTOBAL G 8c MARIA 1 6237 ALVERTON DR CARLSBAD, CA 92009 367 213-161-02-00 FIDELMAN MARK 6347 Dl VITA DR CARLSBAD, CA 92009 1051 213-262-12-01 FIRST-CITIZENS BANK 8c TRUST CO P 0 BOX 27131 RALEIGH, NC 27611 1662 168-330-06-00 FISCHER MARY P 3479 PLEASANT VALE DR CARLSBAD, CA 92010 1426 213-310-02-09 FISHER KENNETH A 6420 JASPER WAY CARLSBAD, CA 92009 147 213-130-57-00 FISHMAN ROBERT 8c VICKI LIVING 1997 TRUST 2558 TOWN GARDEN RD CARSBAD, CA 92009 834 213-233-12-00 FITZGERALD FAMILY TRUST 12-21-11 6793 OBSIDIAN PL CARLSBAD, CA 92009 731 213-221-11-00 FITZGERALD SCOTT & KRISTEN L P 0 BOX 230240 ENCINITAS, CA 92023 459 213-170-47-00 FITZPATRICK CLAIRE B TRUST 04-08-99 1476 MISTY SEAWAY SAN MARCOS, CA 92078 16 213-112-43-02 FLANAGAN CHANTAL M 6959 BRASS PL CARLSBAD, CA 92009 1160 213-271-28-00 FLETCHER DAX R 8c REBECCA K 6622 TITANITE PL CARLSBAD, CA 92009 1736 168-331-54-00 FLORENTINO FAMILY TRUST 03-19-02 3424 PLEASANT VALE DR CARLSBAD, CA 92010 884 213-240-32-00 FLORES CHARLOTTE 6937 COPAL PL CARLSBAD, CA 92009 77 213-112-59-02 FLORES YGNACIO V & KAORI A 6940 TOURMALINE PL CARLSBAD, CA 92009 873 213-240-21-00 FLUCH JASON D 2206 AZURITE PL CARLSBAD, CA 92009 2012 168-353-21-00 FOGLIATTI DAVID 8c HOLLY 4659 MEADOW DR CARLSBAD, CA 92010 36 213-112-48-04 FOLEY WAYNE LIVING TRUST 08-04-08 6938 BRASS PL CARLSBAD, CA 92009 132 213-130-42-00 FORD FAMILY TRUST 03-16-04 2580 INGLETON AVE CARLSBAD, CA 92009 864 213-240-12-00 FORD KEVIN M 2251 GALENA AVE CARLSBAD, CA 92009 270 213-150-22-00 FORESZ JOYCE E 2719 BRESSI RANCH WAY CARLSBAD, CA 92009 238 213-141-50-00 FORNARO SCOTT 2668 BRESSI RANCH WAY CARLSBAD, CA 92009 518 213-180-22-00 FOSTER SCOTT 2744 PALMETTO DR CARLSBAD, CA 92009 1554 168-041-18-08 FOSTER THOMAS 8c CHRISTEN 3633 JETTY PT CARLSBAD, CA 92010 151 213-130-61-00 FOX FAMILY LIVING TRUST 05-13-05 2574 TOWN GARDEN RD CARLSBAD, CA 92009 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carlsbad City ofCarlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. STATE. ZIP 1950 168-352-01-00 FOX WAYNE S 8c TAMARA H 3462 RICH FIELD DR CARLSBAD, CA 92010 752 213-221-33-00 FRADD CLAY J 8c MELISSA A 6815 KORITE PL CARLSBAD, CA 92009 508 213-180-12-00 FRANCHIMONE ANTHONY M 2711 PALMETTO DR CARLSBAD, CA 92009 1138 213-271-06-00 FRANCHIMONE ANTHONY M 8. SHUEY-FRANCHIMOI6653 BROOKITE CT CARLSBAD, CA 92009 1715 168-331-33-00 FRANKEL KENNETH L 8c KATHLEEN M 4762 CRATER RIM RD CARLSBAD, CA 92010 914 213-242-01-00 FRAZIER FAMILY LIVING TRUST 09-24-03 6923 GOLDSTONE RD CARLSBAD, CA 92009 507 213-180-11-00 FREEMAN JEFFREY M 8c LARYSSA M 2715 PALMETTO DR CARLSBAD, CA 92009 934 213-242-23-00 FREESE TED R 8c THERESA A 2254AVENTURINE PL CARLSBAD, CA 92009 1580 168-320-07-00 FRICK GLEN L 8c MICHELLE M 3565 ROCK RIDGE RD CARLSBAD, CA 92010 1557 168-280-52-00 FROST LIVING TRUST 02-10-10 3577 GRANITE CT CARLSBAD, CA 92010 910 213-241-24-00 FRY STEVE 8c DONNA 6963 GOLDSTONE RD CARLSBAD, CA 92009 75 213-112-58-04 FRY STEVEN L 6932 TOURMALINE PL CARLSBAD, CA 92009 581 213-181-57-00 FULLERTON TYLER R 8c MAUREEN S 6413 LIVE OAKS DR CARLSBAD, CA 92009 1551 168-041-18-05 FURMAN JACOB 8c ELIZABETH 820 BELMONT BAY DR #202 WOODBRIDGE, VA 22191 1496 168-041-15-10 GABRIELSON TRACY A 3718 JETTY PT CARLSBAD, CA 92010 1497 168-041-15-11 GABRIELSON TRACY A 3716 JETTY PT CARLSBAD, CA 92010 19 213-112-43-05 GADGIL NISHAD R 8c NARAYAN NANDINI 6960 BRASS PL CARLSBAD, CA 92009 1865 168-341-07-04 GAGE JEFFREY W 8c GAGE ERIC A 4130 KIMBERLY LN OCEANSIDE, CA 92056 348 213-160-05-00 GALATI FAMILY TRUST 11-12-08 6367 HUNTINGTON DR CARLSBAD, CA 92009 283 213-150-35-00 GALLAGHER PAUL J 8c MARILYNN M 2650 PEPPERTREE WAY CARLSBAD, CA 92009 794 213-231-11-00 GALLAGHER VIRGINIA L 8c WILLIAM R JR TRUS POBOX 231032 ENCINITAS, CA 92023 536 213-181-12-00 GALLAND MAURY G 8c GALLAND KELLIE K 2759 ASCOT AVE CARLSBAD, CA 92009 1603 168-320-30-00 GALLAVAN THOMAS A 8c MEIGHAN K 8c EMERSON 3557 SAND CT CARLSBAD, CA 92010 158 213-140-05-00 GALLIATH LISA L 6247 DARTINGTON WAY CARLSBAD, CA 92009 720 213-220-25-00 GALLUCCIO DAVID A 8c ARIANNE R 6806 JADE LN CARLSBAD, CA 92009 1973 168-352-24-00 GALVAN FRANCISCAN 3475 RICH FIELD DR CARLSBAD, CA 92010 482 213-171-19-00 GAMETT JAMES B 8c SHAUNA L 6238 TOPIARY ST CARLSBAD, CA 92009 533 213-181-09-00 CANS FAMILY TRUST 11-06-03 6438 LIVE OAKS DR CARLSBAD, CA 92009 1627 168-321-14-00 GARCIA GEORGE R 3519 ROCK RIDGE RD CARLSBAD, CA 92010 140 213-130-50-00 GARCIA JAMES A 8c ANIKA M 2567 INGLETON AVE CARLSBAD, CA 92009 932 213-242-21-00 GARCIA KEITH 8c NATALIE 2262AVENTURINE PL CARLSBAD, CA 92009 443 213-170-31-00 GARCIA MANUEL P 8c OFELIA M 8c GARCIA OLIV 2555 ARUNDEL AVE CARLSBAD, CA 92009 1513 168-041-16-03 GARGANIAN ANNABELLE 76 VALLEY VIEW EST OXFORD, NJ 07863 985 213-250-04-00 GARLAND FAMILY TRUST 11-11-98 6381 KEENELAND DR CARLSBAD, CA 92009 57 213-112-55-01 GAZDA NICHOLAS E 6934 FELDSPAR PL CARLSBAD, CA 92009 29 213-112-47-01 GAZZOLA LORI A 6941 BRASS PL CARLSBAD, CA 92009 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carisbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. STATE. ZIP 1810 168-340-03-18 GEARY JEFFREY P 8c SHAE P 4081 PENINSULA DR CARLSBAD, CA 92010 1212 213-280-27-00 GENGO PETER J 8c JENNIFER L TRUST 05-02-0 2334 KYANITE PL CARLSBAD, CA 92009 316 213-151-26-00 GENTRY RALPH E 8c MARY 6336 GREENHAVEN DR CARLSBAD, CA 92009 267 213-150-19-00 GENTZLER REVOCABLE LIVING TRUST 05-02-88 2707 BRESSI RANCH WAY CARLSBAD, CA 92009 274 213-150-26-00 GENTZLER TAMARA L 2690 PEPPERTREE WAY CARLSBAD, CA 92009 1756 168-331-74-00 GEORGE FAMILY TRUST 11-09-06 3454 RAVINE DR CARLSBAD, CA 92010 1344 213-291-24-00 GERDES DAVID 8c LISA 1959 MARCASITE PL CARLSBAD, CA 92009 1942 168-351-01-00 GERGURICH JILL A 3439 RICH FIELD DR CARLSBAD, CA 92010 619 213-201-02-00 GEYER DAVID 8c WINIFRED LIFE TRUST 11-23-6841 TANZANITE DR CARLSBAD, CA 92009 167 213-140-14-00 GHOSH SUE 8c GHOSH ARDHENDU & SHELLY 6211 DARTINGTON WAY CARLSBAD, CA 92009 164 213-140-11-00 GIBONEY JOHN J 6223 DARTINGTON WAY CARLSBAD, CA 92009 786 213-231-03-00 GIGLIELLO JOSEPH JR 8c YVONNE M 6757 VERMARINE CT CARLSBAD, CA 92009 282 213-150-34-00 GILLES LOUIS D POBOX 130865 CARLSBAD, CA 92013 131 213-130-41-00 GLADSTEIN FAMILY TRUST 11-01-05 2576 INGLETON AVE CARLSBAD, CA 92009 1668 168-330-12-00 GLASSER GERI 2278 LISA ST CARLSBAD, CA 92008 1964 168-352-15-00 GLASSMAN-RICHARDSON KATHLEEN M 4680 MEADOW DR CARLSBAD, CA 92010 1956 168-352-07-00 GOEDERT SAMANTHA J 3474 RICH FIELD DR CARLSBAD, CA 92010 631 213-201-14-00 GOFF WARREN S 8c CHANNEL SITING 6839 HELENITE PL CARLSBAD, CA 92009 1434 213-310-03-03 GOH DAE GUN 8c CHUN KYUNG AH 2406 TRONA WAY CARLSBAD, CA 92009 1915 168-350-09-00 GOLD RYAN 8c CASSANDRA 3425 MOON FIELD DR CARLSBAD, CA 92010 182 213-140-29-00 GOLDING HARVEY D 8c ALBA N 6217 VILLAGE GREEN DR CARLSBAD, CA 92009 874 213-240-22-00 GOLDMAN MARTIN R 8c MARCIA L 2210 AZURITE PL CARLSBAD, CA 92009 715 213-220-20-00 GOLDSTEIN JERALD 1 8c SHARYN J 6826 JADE LN CARLSBAD, CA 92009 352 213-160-09-00 GOMEZ FAMILY LIVING TRUST 05-08-02 6383 HUNTINGTON DR CARLSBAD, CA 92009 300 213-151-10-00 GOMEZ RAUL & GOMEZ ANN 6338 HUNTINGTON DR CARLSBAD, CA 92009 770 213-221-53-00 GONZALES EDMUNDO B 8c ELAINE R 2394 LAPIS RD CARLSBAD, CA 92009 1424 213-310-02-07 GONZALES MICHAEL L 6428 JASPER WAY CARLSBAD, CA 92009 1621 168-321-08-00 GONZALES PATRICIA L 3531 ROCK RIDGE RD CARLSBAD, CA 92010 1584 168-320-11-00 GONZALEZ LISA A 8c BONOMO JAMES 3557 ROCK RIDGE RD CARLSBAD, CA 92010 1567 168-280-62-00 GORDON BRUCE H 8c HIDAKA SUGANO PSC 557 BOX 126 FPO, AP 96379 2014 168-353-23-00 GORDON JAY R 8c CYNTHIA L 4655 MEADOW DR CARLSBAD, CA 92010 877 213-240-25-00 GORDON ROBERT A TRUST 06-10-11 2222 AZURITE PL CARLSBAD, CA 92009 950 213-243-02-00 GORENTZ NATHAN 8c ALEXIS 14706 MOHAWK CIR OVERLAND PARK, KS 66224 1143 213-271-11-00 GORYACHEV ALEX 8c OSTROUMOVA MARIA 6644 BROOKITE CT CARLSBAD, CA 92009 1378 213-292-23-00 GOSSETT BRIAN 8c STACY 1947 MARCASITE PL CARLSBAD, CA 92009 35 213-112-48-03 GOUGEON CHRISTOPHER 8c STATE RALUCA 6936 BRASS PL CARLSBAD, CA 92009 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carisbad City of Carlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners JD APN 833 213-233-11-00 656 213-202-18-00 1364 213-292-09-00 1753 168-331-71-00 566 213-181-42-00 329 213-151-39-00 614 213-200-19-00 1141 213-271-09-00 1415 213-310-01-15 967 213-243-19-00 2010 168-353-19-00 146 213-130-56-00 155 213-140-02-00 357 213-160-14-00 95 213-130-05-00 314 213-151-24-00 244 213-141-56-00 674 213-211-07-00 198 213-141-10-00 1630 168-321-17-00 466 213-171-03-00 1145 213-271-13-00 1555 168-041-18-09 1074 213-262-13-19 528 213-181-04-00 1963 168-352-14-00 1382 213-292-27-00 848 213-233-26-00 1645 168-321-33-00 1671 168-330-15-00 1941 168-350-35-00 806 213-231-23-00 111 213-130-21-00 183 213-140-30-00 1339 213-291-19-00 252 213-150-04-00 OWNER GOUGH DEREK J GOUGH MARK A 8c KRISTINA K GOULD JEFFREY D 8c AYLIN 8c GUROL HUSAMETT GRANDY LAURENS B JR 8c LINDA L TRS GRANT JOSEPH IV 8c ANTHEA GRAY JAMES E & STRONG EVELYN GRECO L GUY 8c BABA KATHY L GREEN ALEXANDER C 8c GENELL G 2008 TRUST GREEN JACK A 8c PAMELA A GREENFIELD SCOTT B & KAY S GREENWOOD KRISTON L & ALISON E GRELL CONRAD 8c LESIGHT JUDI GRIFFIN CAROL WTR GRIFFIN ROBERT J 8c TESSIER MARGARET C GROGAN MATTHEW 8c DIANA GROSSHEIM ELMER R II 8c MARILEE P GROVE BRIAN 8c JOELLE GRUGEL FAMILY TRUST GUAN HAO 8c QU PING GUEST MAXINE TRUST 04-17-09 GUNASEGARAM-WALKER REVOCABLE FAMILY TRL GUNNING FAMILY 1994 TRUST 12-09-94 GUO YUHUA & WAN JING H P J 8c L ENTERPRISE HADAM AARON 8c KRISTA HADLEY RONALD D 8c LAFRATTA NICHOLAS V HAGEN CHRISTOPHER J 8c AMY L HAGLOF FAMILY TRUST 09-03-02 HAHN YOON SUN 8c WONJAE HAID SCOTT D 8c HOLMES ROBERT M HAINES AARON 8c TRUDY HAINES DENISE HAISHA LAITH T HAKE CATHY L HALENZA FAMILY TRUST 10-18-05 HALL FAMILY TRUST 02-23-90 ADDRESS 6797 OBSIDIAN PL 2256 IVORY PL 6836 ESTRELLA DE MAR RD 3473 RAVINE DR 2721 PLUMERIA DR 6313 GREENHAVEN DR 6811 CITRINE DR 6652 BROOKITE CT 2417 COPPER WAY 6980 AMMONITE PL 4670 MEADOW DR 2554 TOWN GARDEN RD 6259 DARTINGTON WAY 6376 HUNTINGTON DR 6213 ALVERTON DR 6339 HUNTINGTON DR 2644 BRESSI RANCH WAY 6911 AMBER LN 6258 VILLAGE GREEN DR 3513 ROCK RIDGE RD 6262 TOPIARY ST 39 FEATHER SOUND DR 3637 JETTY PT 7524 NAVIGATOR CIR 6418 LIVE OAKS DR 3616 26TH PLW 1931 MARCASITE PL 6783 MALACHITE PL 2949 HALIFAX AVE P O BOX 927453 3460 MOON FIELD DR 6775 VERMARINE CT 6214 TOPIARY ST 6221 VILLAGE GREEN DR 1979 MARCASITE PL 10320 SUNLAND BLVD CITY. STATE. ZIP CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 HENDERSON, NV 89052 CARLSBAD, CA 92010 CARLSBAD, CA 92011 CARLSBAD, CA 92009 SEATTLE, WA 98199 CARLSBAD, CA 92009 CARLSBAD, CA 92009 WESTCHESTER, IL 60154 SAN DIEGO, CA 92192 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 SUNLAND, CA 91040 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carisbad City of Carisbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. STATE. ZIP 1116 213-270-02-00 HALL LESLIE T REVOCABLE TRUST 03-14-03 2462 MICA RD CARLSBAD, CA 92009 1643 168-321-31-00 HALL REID S 8c MAYA K 3514 ROCK RIDGE RD CARLSBAD, CA 92010 178 213-140-25-00 HALLADAY MICHAEL & NANCY FAMILY REVOCABL 6248 DARTINGTON WAY CARLSBAD, CA 92009 451 213-170-39-00 HALLEN TRUST 04-10-07 6239 LISMORE PL CARLSBAD, CA 92009 1591 168-320-18-00 HAMMANN TRUST 11-12-10 3556 FLAT ROCK ST CARLSBAD, CA 92010 1999 168-353-08-00 HAMME CHRISTIAN E 8c KELLY L 3496 RICH FIELD DR CARLSBAD, CA 92010 1187 213-280-02-00 HAMMOND JAMES & SHARON FAMILY TRUST 03-1 6607 HALITE PL CARLSBAD, CA 92009 677 213-211-10-00 HAMPTON CHARLES W 8c NANCY A 2348 ZODIAC ST CARLSBAD, CA 92009 1579 168-320-06-00 HAN NAM S 8c ZAYOUNG 2008 TRUST 3567 ROCK RIDGE RD CARLSBAD, CA 92010 1343 213-291-23-00 HANDA OMESH K 8c APARNA 1963 MARCASITE PL CARLSBAD, CA 92009 1199 213-280-14-00 HANKEY JOHN C 8c MARCIA 3291 ANNANDALE DR PRESTO, PA 15142 869 213-240-17-00 HANLEY WILLIAM J IV 8c BEATRIZ A 2211 AZURITE PL CARLSBAD, CA 92009 63 213-112-56-03 HANNA PAUL A 8c BARBARA M 1005 LAUREL TREE DR CONCORD, CA 94521 927 213-242-14-00 HANNEMANN DAVID J REVOCABLE TRUST 11-14-2279AVENTURINE PL CARLSBAD, CA 92009 1837 168-341-06-03 HANSEN KEITH 4114 PENINSULA DR CARLSBAD, CA 92010 340 213-151-50-00 HANSON LIVING TRUST 05-07-08 6330 EDENDALE ST CARLSBAD, CA 92009 1829 168-341-05-13 HAO HSIN HSIN 4087 PENINSULA DR CARLSBAD, CA 92010 1845 168-341-06-11 HARBERT CHRISTOPHER J 8c AMY D 4115 KARST RD CARLSBAD, CA 92010 952 213-243-04-00 HARLEMAN THOMAS W JR 8c DEBRA A 2321 GALENA AVE CARLSBAD, CA 92009 128 213-130-38-00 HARMON KEVIN 8c BREANNA 2564 INGLETON AVE CARLSBAD, CA 92009 1492 168-041-15-06 HARRIS HOLLY 3717 JETTY PT CARLSBAD, CA 92010 1955 168-352-06-00 HARRIS REVOCABLE LIVING TRUST 03-05-07 3472 RICH FIELD DR CARLSBAD, CA 92010 1334 213-291-14-00 HARRISON HARRY W 8c JULIE 2005 PERIDOT CT CARLSBAD, CA 92009 490 213-171-27-00 HARRISON RONALD 8c SHERRI 6263 VILLAGE GREEN DR CARLSBAD, CA 92009 1569 168-280-64-00 HARRIS-VINEYARD FAMILY IRREVOCABLE TRUST 3597 GRANITE CT CARLSBAD, CA 92010 79 213-112-61-01 HASE RYAN 8c BONTEMPO MARLO 8c HASE MAX 6949 TOURMALINE PL CARLSBAD, CA 92009 1658 168-330-02-00 HASKINS SCOTT K 8c TERI 3491 PLEASANT VALE DR CARLSBAD, CA 92010 1874 168-341-07-13 HASSE LIVING TRUST 10-29-10 4064 KARST RD CARLSBAD, CA 92010 369 213-161-04-00 HASSEY MICHAEL P 8c HOLLIE 6339 Dl VITA DR CARLSBAD, CA 92009 1611 168-320-38-00 HATEFI ROD F 8c CHAVEZ LUZ E 3574 SAND CT CARLSBAD, CA 92010 1519 168-041-16-09 HATEFI SUZANNE 8c HATEFI ROD POBOX 131251 CARLSBAD, CA 92013 1984 168-352-35-00 HATTAN KAREN L 3472 MOON FIELD DR CARLSBAD, CA 92010 373 213-161-08-00 HATTON JAMES D 6323 Dl VITA DR CARLSBAD, CA 92009 1905 168-341-08-20 HAUNSCHILD TIMOTHY T 4131 KARST RD CARLSBAD, CA 92010 1828 168-341-05-12 HAWKINS ESTRELLA 4016 PENINSULA DR CARLSBAD, CA 92010 1819 168-341-05-03 HAYEK CHRISTINE 4074 PENINSULA DR CARLSBAD, CA 92010 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN 986 213-250-05-00 185 213-140-32-00 116 213-130-26-00 839 213-233-17-00 780 213-230-10-00 159 213-140-06-00 587 213-181-63-00 1599 168-320-26-00 469 213-171-06-00 1862 168-341-07-01 393 213-162-15-00 1910 168-350-04-00 480 213-171-17-00 1805 168-340-03-13 1947 168-351-06-00 446 213-170-34-00 1945 168-351-04-00 1838 168-341-06-04 542 213-181-18-00 849 213-233-27-00 383 213-162-05-00 708 213-220-13-00 1164 213-272-01-00 958 213-243-10-00 397 213-162-19-00 912 213-241-26-00 273 213-150-25-00 1922 168-350-16-00 157 213-140-04-00 540 213-181-16-00 1826 168-341-05-10 350 213-160-07-00 1583 168-320-10-00 925 213-242-12-00 899 213-241-13-00 368 213-161-03-00 OWNER HAYES ERIC J 8c ELIZABETH HEBERT MICHAEL 8c SUSAN TRUST 08-09-05 HECKLER BRUCE L 8c Jl YEON Jl NA PARK HEE MICHAEL H C 8c YOKE KUM REVOCABLE TRU HEERS LARRY J 8c SHARON M HEIN CHRIS 8c NICOLE HEJNY FAMILY TRUST 01-17-06 HEMMEN RICHARD L 8c ROSANNE H HENDRICKSON LEE 8c SEDEN FAMILY 2011 TRUS HENDRIX LAURA L HENSLEY BRADLEY T 8c KRISTIN A HENSON DAVID 8c LAURA L J HEPLER GREGORY R 8c ANN M HERBST MICHAEL J 8c LORRAINE J HEREDIA RUDOLF A FAMILY TRUST 05-11-99 HERSHMARKG 8c EMILIE I HETHORN DAVID W II 8c HERTZ KATHERINE S HEUMANN DOUGLAS C HICKS GREGORY L 8c HICKS GRACE M HIDY DAVID J 8c SARA E HIGLEY TRUST 12-21-01 HIMAR GREGG 8c HIMFAR STEPHANIE HINCHEY FAMILY TRUST 06-17-11 HIRSCH JAMES C HISSAMI NAJIB 8c YONG HUl HITTLEMAN JEROME 8c GOLDFARB LYNNE HO ANDY 8c PHAM KHOI QUOC HO TING LONG 8c LILY HOANG SEAN D 8c NGUYEN NATALIE T HOBSON JOEL 8c VANESSA HODGETTS WENDY A HOFFMAN DONALD S 8c CANDI V HOFFMAN FAMILY TRUST 08-04-00 HOFFMAN JERRY V 8c DOROTHY M HOGGAN CARTER D HOLLMAN WAYNE 8c LINDA ADDRESS 6371 KEENELAND DR 6229 VILLAGE GREEN DR 2585 DISCOVERY RD 6772 MALACHITE PL 6759 MALACHITE PL 6243 DARTINGTON WAY 6412 ARCHES WAY 3573 SAND CT 6274 TOPIARY ST 4097 KARST RD 6332 MONTECITO DR 3445 MOON FIELD DR 6246 TOPIARY ST 4073 PENINSULA DR POBOX 2210 6248 ALVERTON DR 3433 RICH FIELD DR 4106 PENINSULA DR 2735 ASCOT AVE 6779 MALACHITE PL 6325 ENCANTO DR 2344 LARIMAR AVE 6671 TITANITE PL 7313 CALLE ALMA 6316 MONTECITO DR 6955 GOLDSTONE RD 2694 PEPPERTREE WAY 3448 RICH FIELD DR 6251 DARTINGTON WAY 2743 ASCOT AVE 9595 E THUNDERBIRD RD #2109 6375 HUNTINGTON DR 131 S RODEO DR#100 2271 AVENTURINE PL 6984 GOLDSTONE RD 6343 Dl VITA DR CITY. STATE. ZIP CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92018 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 SCOTTSDALE, AZ 85260 CARLSBAD, CA 92009 BEVERLY HILLS, CA 90212 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carisbad City of Carisbad Reassessment District No. 2012-1 Names and Addresses of Property Owners !D APN OWNER ADDRESS CITY. STATE. ZIP 404 213-162-27-00 HOLMAN APRIL D 6319 MONTECITO DR CARLSBAD, CA 92009 356 213-160-13-00 HOLMES/ZIEGLER REVOCABLE TRUST 08-09-07 6380 HUNTINGTON DR CARLSBAD, CA 92009 1855 168-341-06-21 HOMMEL MICHAEL 8c MARIE P 4113 PENINSULA DR CARLSBAD, CA 92010 1840 168-341-06-06 HOMSY KINAN 8c MORIARTY KERRY 4104 PENINSULA DR CARLSBAD, CA 92010 1614 168-321-01-00 HONEYCUTT FAMILY TRUST 08-13-08 3545 ROCK RIDGE RD CARLSBAD, CA 92010 900 213-241-14-00 HONG JOSEPH S 8c KAREN D 6988 GOLDSTONE RD CARLSBAD, CA 92009 1613 168-320-40-00 HOOKS FRANK E 8c JANICE M TRUST 06-13-03 3563 PEBBLE ST CARLSBAD, CA 92010 1445 168-041-13-07 HOOVER DONNA TR & ALLEN D WAYNE 3659 JETTY PT CARLSBAD, CA 92010 672 213-211-05-00 HOPE DOUGLAS G 8c EILEEN R 6903 AMBER LN CARLSBAD, CA 92009 320 213-151-30-00 HOSSEINPOUR DJHMSHID 8c SIMIN 325 W WASHINGTON ST #2 SAN DIEGO, CA 92103 948 213-242-42-00 HOUGHTON MICHAEL 8c GAEL 2253 TIGEREYE PL CARLSBAD, CA 92009 1303 213-290-27-00 HOUK BRETT E 8c HEATHER J 6733 LIMONITE CT CARLSBAD, CA 92009 1617 168-321-04-00 HOUPY AARON W 8c SUSAN L C 3539 ROCK RIDGE RD CARLSBAD, CA 92010 186 213-140-33-00 HOWARD STEVE B 8c REBECCA D 6233 VILLAGE GREEN DR CARLSBAD, CA 92009 1486 168-041-14-24 HOWERTON ANGELINA 3686 JETTY PT CARLSBAD, CA 92010 620 213-201-03-00 HSIUNG HUl 8c WEN-HSIN KANG 6845 TANZANITE DR CARLSBAD, CA 92009 707 213-220-12-00 HU DIANA LEE 6801 JADE LN CARLSBAD, CA 92009 18 213-112-43-04 HUANG FAMILY TRUST B 12-05-06 6958 BRASS PL CARLSBAD, CA 92009 1358 213-292-03-00 HUANG WEI-HAO 8c LIU YEN-CHUAN 6812 ESTRELLA DE MAR RD CARLSBAD, CA 92009 1907 168-350-01-00 HUBBARD MARC C 8c ELIZABETH L 3457 MOON FIELD DR CARLSBAD, CA 92010 337 213-151-47-00 HUBBS FAMILY TRUST 09-28-01 6318 EDENDALE ST CARLSBAD, CA 92009 673 213-211-06-00 HUGHES BARNEY 8c GEORGIA 6907 AMBER LN CARLSBAD, CA 92009 597 213-200-02-00 HUGHES DUREEN 8c BRITTON BARBARA REVOCAB16817 TANZANITE DR CARLSBAD, CA 92009 1313 213-290-37-00 HUGHES L A TRUST 04-09-03 1332 CORVIDAE ST CARLSBAD, CA 92011 917 213-242-04-00 HUNT JOAN REVOCABLE TRUST 05-23-06 6911 GOLDSTONE RD CARLSBAD, CA 92009 1077 213-262-14-01 HUNTER PAUL M TRUST 03-17-03 9010 NE 34TH ST YARROW POINT, WA 98004 1078 213-262-14-02 HUNTER PAUL M TRUST 03-17-03 9010 NE 34TH ST YARROW POINT, WA 98004 1079 213-262-14-03 HUNTER PAUL M TRUST 03-17-03 9010NE34TH ST YARROW POINT, WA 98004 1841 168-341-06-07 HUTCHISON ATHENA R 4111 KARST RD CARLSBAD, CA 92010 1969 168-352-20-00 HUTCHISON DEREK 8c BROWN SARAH 3483 RICH FIELD DR CARLSBAD, CA 92010 1003 213-250-22-00 HUTTER FAMILY TRUST 11-11-11 6325 KEENELAND DR CARLSBAD, CA 92009 922 213-242-09-00 HUYNH HUNG HUY 8c SEN NANCY YIJUN 8041 PASEO ARRAYAN CARLSBAD, CA 92009 462 213-170-50-00 HWANG YUN-FAN 8c CHAO-MEI CHAN 2580 ARUNDEL AVE CARLSBAD, CA 92009 476 213-171-13-00 HYDE CYNTHIA L 6265 ARBOR ROSE DR CARLSBAD, CA 92009 664 213-210-05-00 INDUSTRIAL INFO RESOURCES INC 2277 PLAZA DR #300 SUGAR LAND, TX 77479 924 213-242-11-00 INGLE ERICA L 8c DANIEL R REVOCABLE 2005 2267 AVENTURINE PL CARLSBAD, CA 92009 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN 137 213-130-47-00 1090 213-262-14-14 483 213-171-20-00 1206 213-280-21-00 1000 213-250-19-00 1109 213-263-14-00 838 213-233-16-00 434 213-170-22-00 1285 213-290-09-00 227 213-141-39-00 1968 168-352-19-00 529 213-181-05-00 639 213-202-01-00 1754 168-331-72-00 551 213-181-27-00 1890 168-341-08-05 828 213-233-06-00 1780 168-340-02-09 163 213-140-10-00 862 213-240-10-00 901 213-241-15-00 1707 168-331-25-00 1299 213-290-23-00 1495 168-041-15-09 1420 213-310-02-03 1402 213-310-01-02 138 213-130-48-00 1345 213-291-25-00 647 213-202-09-00 134 213-130-44-00 887 213-241-01-00 565 213-181-41-00 1474 168-041-14-12 1131 213-270-17-00 1876 168-341-07-15 1784 168-340-02-13 OWNER INGLETON AVE LAND TRUST INNOVATION WAY LLC IRVINE 2006 TRUST 05-25-06 J 8c M TRUST 12-19-08 J B C RESIDENCE TRUST 06-30-11 J J M Z LLC JACKSON FAMILY TRUST 05-02-05 JACOBS JAMES H 8c KOBAYASHI KARYN JACOBSON DAVID E 8c CHERYL A JAEGER JUDITH L JAGRUTI PATEL LIVING TRUST 09-26-02 JAKUBOWSKI TIMOTHY & HAMIE JAMALUDDIN MOHIDEEN A 8c SHAMEEMA JAMES JASON 8c NATALIE JANG SANG HOON 8c LEE JIN JANSEN THOMAS 8c MEGAN JAVAHERI DANIEL M JAYANTHI SATISH R 8c APARNA JEJURIKAR RAVINDRA R 8c MIRANDA MARIA I JENCKES KENYON S 8c KELLY E JENKINS KENNETH E 8c MAI V 8c VU THOMAS HO JEONG IN SEOP 8c KYU SOOK JEREMIAH FAMILY TRUST 10-06-04 JESSUP ANDREW J 8c KRYSTAL R JIANG 8c CHEN REVOCABLE LIVING TRUST 06-2 JIMERSON JODI K REVOCABLE TRUST 11-18-09 JOHNSON BRIAN S 8c GRETCHEN A JOHNSON CHRIS 8c KELTY LISA JOHNSON DEAN L JOHNSON JODI M G JOHNSON MARY E JOHNSON PAUL 8c ANNA JOHNSON ROBERT T JR 8c LINDA P JOHNSON TODD GREGORY 8c NANCY JOANN JONES CHRISTOPHER M 8c MINDY J 8c RUEHL PE JONES MONYETTA RENEE ADDRESS CITY. STATE. ZIP P 0 BOX 130252 CARLSBAD, CA 92013 6186 INNOVATION WAY CARLSBAD, CA 92009 2601 TOWN GARDEN RD CARLSBAD, CA 92009 2327 KYANITE PL CARLSBAD, CA 92009 1094 CUDAHY PL #212 SAN DIEGO, CA 92110 2700 GATEWAY RD CARLSBAD, CA 92009 6768 MALACHITE PL CARLSBAD, CA 92009 2582 DOGWOOD RD CARLSBAD, CA 92009 1953 COBALT DR CARLSBAD, CA 92009 2712 BRESSI RANCH WAY CARLSBAD, CA 92009 4663 MEADOW DR CARLSBAD, CA 92010 6422 LIVE OAKS DR CARLSBAD, CA 92009 13035 PINGRYPL ST LOUIS, MO 63131 3462 RAVINE DR CARLSBAD, CA 92010 2710 ASCOT AVE CARLSBAD, CA 92009 4128 KARST RD CARLSBAD, CA 92010 6782 OBSIDIAN PL CARLSBAD, CA 92009 4024 PENINSULA DR CARLSBAD, CA 92010 6227 DARTINGTON WAY CARLSBAD, CA 92009 2259 GALENA AVE CARLSBAD, CA 92009 6992 GOLDSTONE RD CARLSBAD, CA 92009 4753 CRATER RIM RD CARLSBAD, CA 92010 6749 LIMONITE CT CARLSBAD, CA 92009 3708 JETTY PT CARLSBAD, CA 92010 2414 COPPER WAY CARLSBAD, CA 92009 6452 CINNABAR WAY CARLSBAD, CA 92009 2575 INGLETON AVE CARLSBAD, CA 92009 1960 MARCASITE PL CARLSBAD, CA 92009 6863 TANZANITE DR CARLSBAD, CA 92009 2588 INGLETON AVE CARLSBAD, CA 92009 2248 CARNELIAN CT CARLSBAD, CA 92009 2725 PLUMERIA DR CARLSBAD, CA 92009 1837 PALISADES DR CARLSBAD, CA 92008 2429 MICA RD CARLSBAD, CA 92009 4062 KARST RD CARLSBAD, CA 92010 4037 PENINSULA DR CARLSBAD, CA 92010 City of Carisbad Reassessment District No. 2012-1 - City ofCarlsbad Prepared by NBS - December 4, 2012 City of Carisbad City ofCarlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. STATE. ZIP 980 213-243-32-00 JONILONIS GEORGE A 8c MARY L TRUST 09-18-6961 AMMONITE PL CARLSBAD, CA 92009 645 213-202-07-00 JOSEPH FAMILY TRUST 06-06-91 6849 CITRINE DR CARLSBAD, CA 92009 97 213-130-07-00 JOSEPH MICHALOWSKI HOUSING CORP 251 AIRPORT RD OCEANSIDE, CA 92058 1500 168-041-15-14 JOYNER CLEVELAND D 8c INDIRA Y 3736 JETTY PT CARLSBAD, CA 92010 705 213-220-10-00 JPMORGAN CHASE BANK 7255 BAYMEADOWS WAY JACKSONVILLE, FL 32256 192 213-141-04-00 JUNEAU KAREN C 8c JUNEAU ALAN R 8c REBECCA 701 PALOMARAIRPORTRD #300 CARLSBAD, CA 92011 64 213-112-56-04 K B HOME COASTAL INC 36310 INLAND VALLEY DR WILDOMAR, CA 92595 65 213-112-56-05 K B HOME COASTAL INC 36310 INLAND VALLEY DR WILDOMAR, CA 92595 66 213-112-56-06 K B HOME COASTAL INC 36310 INLAND VALLEY DR WILDOMAR, CA 92595 67 213-112-56-07 K B HOME COASTAL INC 36310 INLAND VALLEY DR WILDOMAR, CA 92595 69 213-112-57-02 K B HOME COASTAL INC 36310 INLAND VALLEY DR WILDOMAR, CA 92595 70 213-112-57-03 K B HOME COASTAL INC 36310 INLAND VALLEY DR WILDOMAR, CA 92595 71 213-112-57-04 K B HOME COASTAL INC 36310 INLAND VALLEY DR WILDOMAR, CA 92595 81 213-112-61-03 K B HOME COASTAL INC 36310 INLAND VALLEY DR WILDOMAR, CA 92595 82 213-112-61-04 K B HOME COASTAL INC 36310 INLAND VALLEY DR WILDOMAR, CA 92595 83 213-112-61-05 K B HOME COASTAL INC 36310 INLAND VALLEY DR WILDOMAR, CA 92595 84 213-112-61-06 K B HOME COASTAL INC 36310 INLAND VALLEY DR WILDOMAR, CA 92595 85 213-112-62-01 K B HOME COASTAL INC 36310 INLAND VALLEY DR WILDOMAR, CA 92595 86 213-112-62-02 K B HOME COASTAL INC 36310 INLAND VALLEY DR WILDOMAR, CA 92595 87 213-112-62-03 K B HOME COASTAL INC 36310 INLAND VALLEY DR WILDOMAR, CA 92595 1064 213-262-13-09 K C GRIGGS LLC 6126 INNOVATION WAY #L-1 CARLSBAD, CA 92009 1390 213-300-07-00 K N D PROPERTIES LLC 2776 GATEWAY RD CARLSBAD, CA 92009 1139 213-271-07-00 KAHATT ESPIR G 8c ALEJANDRA A D 6657 BROOKITE CT CARLSBAD, CA 92009 1705 168-331-23-00 KAHN LLOYD Y 4749 CRATER RIM RD CARLSBAD, CA 92010 458 213-170-46-00 KAHNG INHO B 2581 GARDEN HOUSE RD CARLSBAD, CA 92009 1638 168-321-26-00 KALBERG DANIEL S 8c CHRISTINA N 3504 ROCK RIDGE RD CARLSBAD, CA 92010 1656 168-321-44-00 KALLINIKOS FAMILY TRUST 04-07-06 229 WELLINGTON RD BUFFALO, NY 14216 425 213-170-13-00 KALTENBACH GREG 8c SARA 2561 DOGWOOD RD CARLSBAD, CA 92009 554 213-181-30-00 KAMDAR BHARAT 8c MEERA REVOCABLE LIVING 2 2722 ASCOT AVE CARLSBAD, CA 92009 1471 168-041-14-09 KANG HAROLD 3699 JETTY PT CARLSBAD, CA 92010 521 213-180-25-00 KARTSUB STEPHAN 8c BROPHY LORI J 2779 PALMETTO DR CARLSBAD, CA 92009 307 213-151-17-00 KATZ PETER J 8c HOLLANDER MARLA 242 S WASHINGTON BLVD #170 SARASOTA, FL 34236 193 213-141-05-00 KAUR HARJEET 8c SIMMS STEVEN 6265 COTTAGE DR CARLSBAD, CA 92009 1464 168-041-14-02 KAUR SUKHVIR 3677 JETTY PT CARLSBAD, CA 92010 1629 168-321-16-00 KAUR SUKHVIR 3515 ROCK RIDGE RD CARLSBAD, CA 92010 1709 168-331-27-00 KAYE FAMILY TRUST 09-10-03 4757 CRATER RIM RD CARLSBAD, CA 92010 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN 1665 168-330-09-00 1508 168-041-15-22 1745 168-331-63-00 430 213-170-18-00 1423 213-310-02-06 1397 213-300-12-03 1398 213-300-12-04 475 213-171-12-00 1794 168-340-03-02 1655 168-321-43-00 1004 213-250-23-00 821 213-232-16-00 188 213-140-35-00 1957 168-352-08-00 1741 168-331-59-00 1786 168-340-02-15 607 213-200-12-00 628 213-201-11-00 1417 213-310-01-17 1965 168-352-16-00 841 213-233-19-00 1989 168-352-40-00 488 213-171-25-00 2018 168-353-27-00 1577 168-320-04-00 117 213-130-27-00 288 213-150-40-00 1717 168-331-35-00 15 213-112-43-01 1869 168-341-07-08 1332 213-291-12-00 412 213-162-35-00 106 213-130-16-00 989 213-250-08-00 301 213-151-11-00 1930 168-350-24-00 OWNER KEBRIAEI FAMILY TRUST 08-09-07 KEELING EVE M KEISLER DONALD 8c LISA KELLER JAMES C 8c AMY M KELLER LANCE B 8c BRONWYN RACHEL KELLY CAPITAL GROUP INC KELLY CAPITAL GROUP INC KELLY FAMILY TRUST 03-17-09 KELLY HEATHER L KELLY MARK 8c DENA KELLY MICHAEL J 8c CHERISE K & COOKE PATR KELLY-BENARDO MARTHA J KEMPTON JOSEPH JR & BRANDI KENDRA JOHN G 8c SUSANA KENNEY JAMES D 8c MARTHA J KESLER LEANNE Y KEYES JEFFERY R 8c STEFANIE J KHATHURIA RAJESH R 8c LAURA C KHOO lAM-CHOON 8c CHOR SAN HENG KIESLING BRIAN 8c BRANDI KILBUCK TRUST 12-14-94 KIM DAVID H 8c CHO SUSAN KIM FAMILY TRUST 06-27-06 KIM KYUNG H KIM SUN UK 8c SON KYUNG HEE KIM YOUNG IL 8c HEE KINCAID COURTNEY 8c RACHEAL KING JAY B 8c MICHELE KING THOMAS L KING TINA M (DP) 8c KING KRISTA O (DP) KIRKPATRICK BRIAN G & TANYA R KISS JENNIFER W KLEIN JEFFREY H 8c PASION-KLEIN MARIA V KLEOPA KLEOPAS KLOSS FAMILY TRUST 11-03-08 KLUIS MARK 8c HEIDI ADDRESS 3467 PLEASANT VALE DR 4003 BACKSHORE CT 3441 RAVINE DR 2566 DOGWOOD RD 6432 JASPER WAY 406 OTH AVE #309 406 9TH AVE #309 6269 ARBOR ROSE DR 4044 PENINSULA DR 3555 FLAT ROCK ST 6335 KEENELAND DR 2448 LAPIS RD 6241 VILLAGE GREEN DR 3476 RICH FIELD DR 4740 CRATER RIM RD 4039 PENINSULA DR 6836 CITRINE DR 3315 EL SOBRANTE ST 720 CORNWALLIS DR 4682 MEADOW DR 6780 MALACHITE PL 7 ELK GROVE LN 6255 VILLAGE GREEN DR 3489 RICH FIELD DR 3571 ROCK RIDGE RD 2581 DISCOVERY RD 2630 PEPPERTREE WAY 4758 CRATER RIM RD 6961 BRASS PL 4087 KARST RD 2013 PERIDOT CT 6306 ENCANTO DR 2578 DISCOVERY RD 7597 LA CORNICHE CIR 6334 HUNTINGTON DR 3461 RICH FIELD DR CITY. STATE. ZIP CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 SAN DIEGO, CA 92101 SAN DIEGO, CA 92101 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92009 SAN MATEO, CA 94403 MT LAUREL, NJ 08054 CARLSBAD, CA 92010 CARLSBAD, CA 92009 LAGUNA NIGUEL, CA 92677 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 BOCA RATON, FL 33433 CARLSBAD, CA 92009 CARLSBAD, CA 92010 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carisbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. STATE. ZIP 1466 168-041-14-04 KLUKAS PAUL J 8c MICHELLE M 3683 JETTY PT CARLSBAD, CA 92010 42 213-112-50-02 KO HYOSUN 8c YUN JEKYUNG 6905 TOURMALINE PL CARLSBAD, CA 92009 683 213-212-01-00 KOCHAR LIVING TRUST 02-22-96 6919 AMBER LN CARLSBAD, CA 92009 1477 168-041-14-15 KOEGLER PATRICK C 8c LESLIE J 4758 U ST WASHOUGAL, WA 98671 449 213-170-37-00 KOPF MARVIN L 8c WILMA L 6236 ALVERTON DR CARLSBAD, CA 92009 626 213-201-09-00 KORECKI JON L FAMILY TRUST 07-21-10 6856 TANZANITE DR CARLSBAD, CA 92009 1430 213-310-02-13 KOSELOWSKI DOREEN 6404 JASPER WAY CARLSBAD, CA 92009 767 213-221-48-00 KOSKI FAMILY TRUST 01-14-03 6825 LEUCITE PL CARLSBAD, CA 92009 62 213-112-56-02 KRAFT HOWARD M 8c BARBARA 124 MACLEISH CT MAHWAH, NJ 07430 785 213-231-02-00 KRASK MARK S 8c ANITA L 6761 VERMARINE CT CARLSBAD, CA 92009 660 213-210-01-00 KRASNOVE EDWARD & NADEAN FAMILY TRUST 12 6857 AMBER LN CARLSBAD, CA 92009 1315 213-290-39-00 KREBS DEREK 8c TAMI 1940 COBALT DR CARLSBAD, CA 92009 889 213-241-03-00 KRIECH SCOTT A 8c JENNIFER S 2256 CARNELIAN CT CARLSBAD, CA 92009 1637 168-321-25-00 KROLAK APRIL L 8c BROOKS RICHARD L 3502 ROCK RIDGE RD CARLSBAD, CA 92010 1304 213-290-28-00 KROME JASON A 8c AMANDA L 6729 LIMONITE CT CARLSBAD, CA 92009 802 213-231-19-00 KROME JEREMY D 8c CHRISTI M 6787 VERMARINE CT CARLSBAD, CA 92009 1863 168-341-07-02 KRONE MELISSA R 4099 KARST RD CARLSBAD, CA 92010 571 213-181-47-00 KRUDWIG PETER 8c DONNA 2723 PLUMERIA DR CARLSBAD, CA 92009 1481 168-041-14-19 KRUMWIEDE BARRY 3450 RAVINE DR CARLSBAD, CA 92010 1757 168-331-75-00 KRUMWIEDE BARRY D JR 3450 RAVINE DR CARLSBAD, CA 92010 575 213-181-51-00 KRYSSOV ALEXANDRE 8c VICTORIA A 2739 PLUMERIA DR CARLSBAD, CA 92009 519 213-180-23-00 KUDERKA JEREMY 8c MELANIE 2787 PALMETTO DR CARLSBAD, CA 92009 1475 168-041-14-13 KUEHN FAMILY TRUST 10-31-07 8c MOELLER MA 31205 OLD RIVER RD BONSALL, CA 92003 444 213-170-32-00 KUHNEY 2009 TRUST 6256 ALVERTON DR CARLSBAD, CA 92009 1767 168-331-85-00 KUMAR ALOK 8c SAHU SUMITA 3439 GENTLE KNOLL ST CARLSBAD, CA 92010 1487 168-041-15-01 KUNA BRADLEY 8c METTJA 3727 JETTY PT CARLSBAD, CA 92010 1130 213-270-16-00 KUNZE KLAUS 8c EDLINGER-KUNZE CATHRINE 2425 MICA RD CARLSBAD, CA 92009 1152 213-271-20-00 KUO SIMON YIHSIN 8c STACY YEH 6654 TITANITE PL CARLSBAD, CA 92009 332 213-151-42-00 KURE JOHN R 8c FERGUSON TERRIE L 2005 TRU 6301 GREENHAVEN DR CARLSBAD, CA 92009 1241 213-282-05-00 KURIMA MICHAEL 8c OH HWANBEE 2317 MICA RD CARLSBAD, CA 92009 271 213-150-23-00 KURISU MICHAEL 8c DYNAN JENNIFER 2702 PEPPERTREE WAY CARLSBAD, CA 92009 919 213-242-06-00 KURTZ GARY 3485 CAMINO VALENCIA CARLSBAD, CA 92009 678 213-211-11-00 KUYPER DIRK M 8c LINDA D 2352 ZODIAC ST CARLSBAD, CA 92009 1105 213-263-10-00 L J R L L C P 0 BOX 743 RANCHO SANTA FE, CA 92067 1106 213-263-11-00 LJ RLLC P 0 BOX 743 RANCHO SANTA FE, CA 92067 1107 213-263-12-00 LJ RLLC P 0 BOX 743 RANCHO SANTA FE, CA 92067 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carisbad City of Carisbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. STATE. ZIP 1366 213-292-11-00 L R G J RASPA REVOCABLE FAMILY TRUST 03-6844 ESTRELLA DE MAR RD CARLSBAD, CA 92009 747 213-221-28-00 LAD PRIYAVADAN J 8c NIRMALA P 8c LAD SONYA 2359 LAPIS RD CARLSBAD, CA 92009 1875 168-341-07-14 LADD DARRIN H 8c SARAH L 4066 KARST RD CARLSBAD, CA 92010 208 213-141-20-00 LADICK SARAH 2653 PARADISE RD CARLSBAD, CA 92009 686 213-212-04-00 LADMAN PHIL 8c KAREN FAMILY TRUST 09-30-9 6931 AMBER LN CARLSBAD, CA 92009 1120 213-270-06-00 LAFLEUR DWAYNE W 2446 MICA RD CARLSBAD, CA 92009 1526 168-041-16-16 LAI WINSTON 8c TUNG VIVIAN 4028 BACKSHORE CT CARLSBAD, CA 92010 53 213-112-54-01 LAIDLAW-SAHAGIAN NANCY J 139 MACLEAN AVE CANADA M4E 3A5, 695 213-212-13-00 LAIPPLY THOMAS C 8c LAUREL 2340 ZODIAC ST CARLSBAD, CA 92009 168 213-140-15-00 LAKSHMIN JAYAKRISHNAN 8c ANURADHA 6207 DARTINGTON WAY CARLSBAD, CA 92009 904 213-241-18-00 LAMONTAGNE DANIEL A 6987 GOLDSTONE RD CARLSBAD, CA 92009 1684 168-331-02-00 LANCASTER KYLE L 3447 PLEASANT VALE DR CARLSBAD, CA 92010 1325 213-291-05-00 LAND ALEC 8c FRANCES FAMILY 2002 TRUST (L P 0 BOX 729 LANGLEY, WA 98260 219 213-141-31-00 LANE KEVIN 2705 PARADISE RD CARLSBAD, CA 92009 2017 168-353-26-00 LAO ALEXIS 8c AILEEN 3491 RICH FIELD DR CARLSBAD, CA 92010 781 213-230-11-00 LAPADULA MICHAEL A 8c ADELE F 6755 MALACHITE PL CARLSBAD, CA 92009 1376 213-292-21-00 LAPLANTE ROBERT P 8c STOUFFER-LAPLANTE Ll 1955 MARCASITE PL CARLSBAD, CA 92009 485 213-171-22-00 LAPUMA DAVID P 8c ELIZABETH L FAMILY TRUS 2609 TOWN GARDEN RD CARLSBAD, CA 92009 1616 168-321-03-00 LARA DESIREE 8c JABIN MARVIN 8c LELIA 3541 ROCK RIDGE RD CARLSBAD, CA 92010 1431 213-310-02-14 LARSON REVOCABLE TRUST 09-23-05 6400 JASPER WAY CARLSBAD, CA 92009 360 213-160-17-00 LATIMER DAVID C 8c MARY E 6364 HUNTINGTON DR CARLSBAD, CA 92009 394 213-162-16-00 LAUBE LIVING TRUST 03-25-10 6328 MONTECITO DR CARLSBAD, CA 92009 1595 168-320-22-00 LAURO GIAN P 8c KELLY S FAMILY 2005 TRUST 3572 FLAT ROCK ST CARLSBAD, CA 92010 1954 168-352-05-00 LAUWALAN M 3470 RICH FIELD DR CARLSBAD, CA 92010 568 213-181-44-00 LAVASSEUR ANTHONY 8c ELICIA 2713 PLUMERIA DR CARLSBAD, CA 92009 1650 168-321-38-00 LAWRENCE CHRISTOPHER S 8c CHRISTINE M 3575 FLAT ROCK ST CARLSBAD, CA 92010 1372 213-292-17-00 LAWRENCE PRISCILLA J REVOCABLE TRUST 05-1991 OLIVINE CT CARLSBAD, CA 92009 1647 168-321-35-00 LAYUG JIM J D 8c RHODORA C 3522 ROCK RIDGE RD CARLSBAD, CA 92010 474 213-171-11-00 LAZERUS THOMAS A 39262 SERAPHINA RD TEMECULA, CA 92591 1972 168-352-23-00 LAZIC DRAGOMIRKA 3477 RICH FIELD DR CARLSBAD, CA 92010 422 213-170-10-00 LE DANIEL KHIEM 8c DALENA NGUYEN REVOCABL 6273 ALVERTON DR CARLSBAD, CA 92009 1115 213-270-01-00 LE DZUNG THE 2466 MICA RD CARLSBAD, CA 92009 25 213-112-46-01 LEBLUE VICTOR J 8c CLAUDETTE D 6944 BRASS PL CARLSBAD, CA 92009 578 213-181-54-00 LECHOWICZ MATTHEW J 8c JENNIFER N 2751 PLUMERIA DR CARLSBAD, CA 92009 1330 213-291-10-00 LEDBETTER FAMILY TRUST 05-06-10 2000 PERIDOT CT CARLSBAD, CA 92009 114 213-130-24-00 LEDBETTER THOMAS A 8c DIANE M 6226 TOPIARY ST CARLSBAD, CA 92009 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carisbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. STATE. ZIP 632 213-201-15-00 LEE DONGSOO & JISUN 6843 HELENITE PL CARLSBAD, CA 92009 1240 213-282-04-00 LEE GRACE G 2313 MICA RD CARLSBAD, CA 92009 91 213-130-01-00 LEE JANET P 6229 ALVERTON DR CARLSBAD, CA 92009 2004 168-353-13-00 LEE JEOUNG JOO 8c KIM BO YEON 4656 MEADOW DR CARLSBAD, CA 92010 634 213-201-17-00 LEE JU Y 8c CHONG UN S 6851 HELENITE PL CARLSBAD, CA 92009 1858 168-341-06-24 LEE LAWRENCE C 1035 N CAMINO MIRAFLORES TUCSON, AZ 85745 755 213-221-36-00 LEE MCCOURT TRUST 10-02-09 6827 KORITE PL CARLSBAD. CA 92009 1011 213-260-01-05 LEE MICHELLE 8c LEE SHIAOWEI MA 6221 METROPOLITAN ST #200 CARLSBAD, CA 92009 502 213-180-06-00 LEE MINDO 8c JUNG CHOON HE 2739 PALMETTO DR CARLSBAD, CA 92009 1657 168-330-01-00 LEE RICH 8c PING 3495 PLEASANT VALE DR CARLSBAD, CA 92010 515 213-180-19-00 LEE SOO IN 8c HYO RAE 2720 PALMETTO DR CARLSBAD, CA 92009 1642 168-321-30-00 LEE YONG SUNG 3304 SAN RAFAEL MISSION, TX 78572 22 213-112-44-02 LEE YOUNG 6951 BRASS PL CARLSBAD, CA 92009 191 213-141-03-00 LEE YUNG-CHI 8c SHAN HSIAO-WEN 6257 COTTAGE DR CARLSBAD, CA 92009 39 213-112-49-03 LEGERTON SYLVIA A 6924 BRASS PL CARLSBAD, CA 92009 1870 168-341-07-09 LEIVAS CRISTIANO D F 8c SANTOS TATIANA B 4091 KARST RD CARLSBAD, CA 92010 883 213-240-31-00 LEON JUAN A 8c CARNUS ANA M B 9858 DEER RIDGE PL SAN DIEGO, CA 92127 1699 168-331-17-00 LEONE PATRICK J 4737 CRATER RIM RD CARLSBAD, CA 92010 107 213-130-17-00 LEPOSKY FAMILY TRUST 04-25-08 2582 DISCOVERY RD CARLSBAD, CA 92009 1836 168-341-06-02 LERNER YURY 8c GALINA 8c POPPEN SVETLANA M 4110 PENINSULA DR CARLSBAD, CA 92010 711 213-220-16-00 LEVERENZ NOEL A 2342 LAPIS RD CARLSBAD, CA 92009 423 213-170-11-00 LEVESQUE MICHAEL L 8c JULIE A 6277 ALVERTON DR CARLSBAD, CA 92009 1197 213-280-12-00 LEVIN MELVYN 8c PHYLLIS 1 W OVERLOOK PRT WASHINGTN, NY 11050 902 213-241-16-00 LEVINE YOSEF 8c LEAH 6996 GOLDSTONE RD CARLSBAD, CA 92009 381 213-162-03-00 LEVY MICHAEL K 8c MICHELE S 8904 ST PIERRE DR LAS VEGAS, NV 89134 406 213-162-29-00 LEW LILY CHUN YING 10534 FELLER CV SAN DIEGO, CA 92126 1136 213-271-04-00 LEWIS FAMILY TRUST 09-12-00 6645 BROOKITE CT CARLSBAD, CA 92009 94 213-130-04-00 LEWIS GREGORY E 8c JERI A 6217 ALVERTON DR CARLSBAD, CA 92009 895 213-241-09-00 LEWIS MARK 2277 CARNELIAN CT CARLSBAD, CA 92009 1952 168-352-03-00 LEWIS MICHAEL Y 8c YOUNG JENNIFER E 3466 RICH FIELD DR CARLSBAD, CA 92010 609 213-200-14-00 Ll BIN 6828 CITRINE DR CARLSBAD, CA 92009 2020 168-353-29-00 Ll JUN 8c LIU MEIZHEN 5269 FOXBOROUGH POINT SAN DIEGO, CA 92130 1027 213-261-06-00 LIGHTER EQUITIES L P 2750 WOMBLE RD #107 SAN DIEGO, CA 92106 1132 213-270-18-00 LIEU BINH CAM 8c CHEN CONNIE HONG 2433 MICA RD CARLSBAD, CA 92009 530 213-181-06-00 LIGOURI CRAIG 8c JAMIE 1031 CALLE ANACAPA ENCINITAS, CA 92024 1528 168-041-16-18 LIM WALTER G 8c PAULA L 790 W SOLANA CIR SOLANA BEACH, CA 92075 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carisbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. STATE. ZIP 1712 168-331-30-00 LIM WISIT 8c PENNY FAMILY TRUST 05-05-00 4763 CRATER RIM RD CARLSBAD, CA 92010 512 213-180-16-00 LIMA WISHING J B 2708 PALMETTO DR CARLSBAD, CA 92009 941 213-242-32-00 LIMJOCO JAMES 8c HYMAN GAIL A 2260 TIGEREYE PL CARLSBAD, CA 92009 61 213-112-56-01 LIN FEN 6970 FELDSPAR PL CARLSBAD, CA 92009 1672 168-330-16-00 LIN JAMES H 8c DAFANG 3492 GENTLE KNOLL ST CARLSBAD, CA 92010 213 213-141-25-00 LIN MARK 2673 PARADISE RD CARLSBAD, CA 92009 1934 168-350-28-00 LINDSAY DAVID L 8c DEKORTE JOY J 3432 MOON FIELD DR CARLSBAD, CA 92010 1548 168-041-18-02 LINDSTROM RICHARD R 8c DARYL M 7304 COVENTRY DR MIDDLETOWN, MD 21769 127 213-130-37-00 LINGENFELTER CHARLES 2009 TRUST 12-11-09 81 TRINITY ST OCEANSIDE, CA 92057 245 213-141-57-00 LISTER FAMILY TRUST 09-17-10 2640 GARDEN HOUSE RD CARLSBAD, CA 92009 847 213-233-25-00 LITTLE LANA J 6787 MALACHITE PL CARLSBAD, CA 92009 1720 168-331-38-00 LIU ZIMIN 8c MARY 3448 GENTLE KNOLL ST CARLSBAD, CA 92010 11 213-112-41-05 LIVINGS ENEETRA 6967 BRASS PL CARLSBAD, CA 92009 162 213-140-09-00 LOBO NIGEL M 8c VINITA E 6231 DARTINGTON WAY CARLSBAD, CA 92009 1484 168-041-14-22 LOCKE FRANK 3684 JETTY PT CARLSBAD, CA 92010 911 213-241-25-00 LOESCH ROBERT 8c JENNIFER 6959 GOLDSTONE RD CARLSBAD, CA 92009 643 213-202-05-00 LOFTON BRIAN T 8c LISA M 6841 CITRINE DR CARLSBAD, CA 92009 1761 168-331-79-00 LOHMEYER RONALD S 8c EMILY A 3434 RAVINE DR CARLSBAD, CA 92010 1052 213-262-12-02 LOKE MARMADUKE D 8c DEBRALEE 1822 HUMMOCK LN ENCINITAS, CA 92024 481 213-171-18-00 LOMEDICO GIUSEPPE 6242 TOPIARY ST CARLSBAD, CA 92009 196 213-141-08-00 LOOMIS MARK E 6250 VILLAGE GREEN DR CARLSBAD, CA 92009 1937 168-350-31-00 LOPEZ ANTHONY J & JILL M 3444 MOON FIELD DR CARLSBAD, CA 92010 885 213-240-33-00 LOPEZ KRISTIN S 8c LOPEZ ALFRED S & JEANN 6933 COPAL PL CARLSBAD, CA 92009 2006 168-353-15-00 LOPEZ RAUL A 8c AUDREY L 4660 MEADOW DR CARLSBAD, CA 92010 20 213-112-43-06 LORENZ DONNA TRUST 02-03-11 6962 BRASS PL CARLSBAD, CA 92009 640 213-202-02-00 LOSSE GARY M 8c LORRIE G FAMILY TRUST 12-6829 CITRINE DR CARLSBAD, CA 92009 1028 213-261-14-00 LOT 23 BRESSI RANCH LLC 221 15TH ST DEL MAR, CA 92014 38 213-112-49-02 LOVE SANDRA A 8c LOVE EVERETT T 6918 BRASS PL CARLSBAD, CA 92009 1976 168-352-27-00 LOYD GEORGE C IV 8c BOTHA-LOYD WENTZELEE 3469 RICH FIELD DR CARLSBAD, CA 92010 336 213-151-46-00 LOZAR DAVID 8c ANNA 6314 EDENDALE ST CARLSBAD, CA 92009 347 213-160-04-00 LUKE RUSSELL 8c YUNNIE S 6363 HUNTINGTON DR CARLSBAD, CA 92009 1075 213-262-13-20 LUND CARLTON D 8c SANDRA L FAMILY TRUST 0 1342CASSINS ST CARLSBAD, CA 92011 124 213-130-34-00 LUND TYSON 8c JENNIFER 2553 DISCOVERY RD CARLSBAD, CA 92009 112 213-130-22-00 LUNDIN FAMILY TRUST 11-10-05 990 BELLA ROSA DR MINDEN, NV 89423 979 213-243-31-00 LUPO C S 1985 TRUST 11 -01-85 6965 AMMONITE PL CARLSBAD, CA 92009 1553 168-041-18-07 LWIN AUNG N 3635 JETTY PT CARLSBAD, CA 92010 City of Carisbad Reassessment District No. 2012-1 - City ofCarlsbad Prepared by NBS - December 4, 2012 City of Carlsbad City ofCarlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. STATE. ZIP 253 213-150-05-00 LYNCH ANDREW 8c YVONNE 2658 GARDEN HOUSE RD CARLSBAD, CA 92009 1419 213-310-02-02 LYNCH PATRICIO U 8c PARK-LYNCH EUN K 2418 COPPER WAY CARLSBAD, CA 92009 376 213-161-11-00 M L W LTD PARTNERSHIP 19 PETERS CANYON RD IRVINE, CA 92606 857 213-240-05-00 MA WINNIE 2279 GALENA AVE CARLSBAD, CA 92009 1889 168-341-08-04 MACAPAGAL AREND 4126 KARST RD CARLSBAD, CA 92010 763 213-221-44-00 MACDONALD JONATHAN A 8c LISA M 2377 LARIMAR AVE CARLSBAD, CA 92009 1265 213-283-12-00 MACDONALD SCOTT 8c MARY FAMILY TRUST 07-1 6554 HALITE PL CARLSBAD, CA 92009 363 213-160-20-00 MACHADO KEYSA M 6352 HUNTINGTON DR CARLSBAD, CA 92009 1686 168-331-04-00 MACKENZIE AUSTIN C 3439 PLEASANT VALE DR CARLSBAD, CA 92010 745 213-221-26-00 MACLEAY JAMES F 8c SWITZER MARY J 2367 LAPIS RD CARLSBAD, CA 92009 915 213-242-02-00 MACMASTER FAMILY TRUST 04-01-10 6919 GOLDSTONE RD CARLSBAD, CA 92009 1846 168-341-06-12 MADARANG NICHOLAS 8c MYLENE 4119 KARST RD CARLSBAD, CA 92010 783 213-230-13-00 MADDUX JONATHAN D & MARISSA M 7104 MARSH HAWK CT ARRINGTON, TN 37014 740 213-221-20-00 MAGGIORE ROBERT & LESLIE FAMILY 2011 TRU 2390 LAPIS RD CARLSBAD, CA 92009 987 213-250-06-00 MAGNOLIA PARTNERS LLC 1094 CUDAHY PL #212 SAN DIEGO, CA 92110 988 213-250-07-00 MAGNOLIA PARTNERS LLC 1094 CUDAHY PL #212 SAN DIEGO, CA 92110 992 213-250-11-00 MAGNOLIA PARTNERS LLC 1094 CUDAHY PL #212 SAN DIEGO, CA 92110 994 213-250-13-00 MAGNOLIA PARTNERS LLC 1094 CUDAHY PL #212 SAN DIEGO, CA 92110 217 213-141-29-00 MAGTOTO NEIL 8c SHERRILYN N 2697 PARADISE RD CARLSBAD, CA 92009 769 213-221-50-00 MAHER FAMILY TRUST 04-27-06 6833 LEUCITE PL CARLSBAD, CA 92009 1226 213-281-02-00 MAJOR FREDERICK 6671 HALITE PL CARLSBAD, CA 92009 1429 213-310-02-12 MAKING NARUBUMI F 8c ELIZABETH T H 6408 JASPER WAY CARLSBAD, CA 92009 354 213-160-11-00 MALEE DALE J 8c MELANIE J 6388 HUNTINGTON DR CARLSBAD, CA 92009 1924 168-350-18-00 MALIG TITO C & JULIET B 3452 RICH FIELD DR CARLSBAD, CA 92010 55 213-112-54-03 MALIK WAQAR 8c IRRUM 6950 FELDSPAR PL CARLSBAD, CA 92009 366 213-161-01-00 MALLGRAVE FAMILY TRUST 08-28-95 6351 Dl VITA DR CARLSBAD, CA 92009 477 213-171-14-00 MALLORY FAMILY TRUST 06-02-89 6261 ARBOR ROSE DR CARLSBAD, CA 92009 1776 168-340-02-05 MALONE BARBARA J TRUST 04-12-01 4030 PENINSULA DR CARLSBAD, CA 92010 385 213-162-07-00 MAMESHIN IGOR 8c DIONNE 2677 ECHO AVE CARLSBAD, CA 92009 45 213-112-51-01 MANDEVILLE THOMAS 8c RICE APRIL 6914 TOURMALINE PL CARLSBAD, CA 92009 1832 168-341-05-16 MANEJA FAMILY TRUST 08-26-03 943 WHITCOMB CT MILPITAS, CA 95035 837 213-233-15-00 MANIS FAMILY TRUST 04-02-90 6781 OBSIDIAN PL CARLSBAD, CA 92009 1574 168-320-01-00 MANN JOHN F 8c YAUWALUK 3587 ROCK RIDGE RD CARLSBAD, CA 92010 214 213-141-26-00 MANN MANPREET R 3231 BUSINESS PARK DR #120 VISTA, CA 92081 51 213-112-53-03 MANOOCHERI BAHRAM B 6962 FELDSPAR PL CARLSBAD, CA 92009 1895 168-341-08-10 MANRIQUE ALEJANDRO 8c MANRIQUE-APARICIO H 4154 KARST RD CARLSBAD, CA 92010 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4,2012 City of Carisbad City of Carlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. 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ZIP 534 213-181-10-00 MANTI JOSEPH S 2767 ASCOT AVE CARLSBAD, CA 92009 179 213-140-26-00 MANZANARES FRANKLIN T FAMILY TRUST 07-27 6252 DARTINGTON WAY CARLSBAD, CA 92009 98 213-130-08-00 MANZANO FAMILY TRUST 02-03-05 6201 ALVERTON DR CARLSBAD, CA 92009 46 213-112-51-02 MARCOTTE LAWRENCE E 6916 TOURMALINE PL CARLSBAD, CA 92009 651 213-202-13-00 MARINO LINDA J 6860 CITRINE DR CARLSBAD, CA 92009 1936 168-350-30-00 MARKERT SCOTT 8c JOURNEY 3440 MOON FIELD DR CARLSBAD, CA 92010 1305 213-290-29-00 MARMOR BETH M TRUST 05-22-08 64 HASTINGS ST #205C WELLESLEY, MA 02481 1114 213-263-26-00 MARSAGLIA PROPERTIES LLC P 0 BOX 1697 CARLSBAD, CA 92018 1939 168-350-33-00 MARSHALL GARY E 8c ALICE L 3452 MOON FIELD DR CARLSBAD, CA 92010 687 213-212-05-00 MARSHALL JOHN E 8c DETTMAN-MARSHALL GERAL 6935 AMBER LN CARLSBAD, CA 92009 1355 213-291-35-00 MARTEL DARIN 8c LAURA 1998 MARCASITE PL CARLSBAD, CA 92009 943 213-242-34-00 MARTIN ALBERT W 8c LAURA K 2252 TIGEREYE PL CARLSBAD, CA 92009 2007 168-353-16-00 MARTIN JOHN H 8c MARBELLA 4662 MEADOW DR CARLSBAD, CA 92010 608 213-200-13-00 MARTINEZ GABRIEL 6832 CITRINE DR CARLSBAD, CA 92009 1514 168-041-16-04 MARTINEZ JENGI A 8c MARTINEZ JENGI 3753 JETTY PT CARLSBAD, CA 92010 1923 168-350-17-00 MARTOCCIA LIONEL J III 8c WEBB KATHLEEN M 3450 RICH FIELD DR CARLSBAD, CA 92010 240 213-141-52-00 MASON FAMILY TRUST 07-23-91 2660 BRESSI RANCH WAY CARLSBAD, CA 92009 384 213-162-06-00 MASON RANDALL K 6329 ENCANTO DR CARLSBAD, CA 92009 398 213-162-20-00 MASTER PANKAJ V REVOCABLE TRUST 08-14-91 1031 DAVID WALKER DR TAVARES, FL 32778 548 213-181-24-00 MASTER RAMONA TRUST 02-05-05 2711 ASCOT AVE CARLSBAD, CA 92009 798 213-231-15-00 MASTRO FAMILY TRUST 08-09-89 6798 VERMARINE CT CARLSBAD, CA 92009 100 213-130-10-00 MATAS STEVEN A 8c DANA M 2554 DISCOVERY RD CARLSBAD, CA 92009 115 213-130-25-00 MATHERS BRUCE H 8c KIMBERLY E 6230 TOPIARY ST CARLSBAD, CA 92009 276 213-150-28-00 MATHERS BRUCE H 8c KIMBERLY E 6230 TOPIARY ST CARLSBAD, CA 92009 741 213-221-22-00 MATLOFF JEFFREY 8c NANCY 2383 LAPIS RD CARLSBAD, CA 92009 937 213-242-26-00 MATTED JAMES 8c MAYRA FAMILY TRUST 10-26-6891 GOLDSTONE RD CARLSBAD, CA 92009 493 213-171-30-00 MATTSON JEFFREY L 8c MICHELLE L 2614 GARDEN HOUSE RD CARLSBAD, CA 92009 1765 168-331-83-00 MAUD JOHN A 8c JANEL S 3431 GENTLE KNOLL ST CARLSBAD, CA 92010 956 213-243-08-00 MAURO JOSEPH 6990 BIXBITE PL CARLSBAD, CA 92009 73 213-112-58-02 MAXWELL AKSHAI 8c MONICA 6928 TOURMALINE PL CARLSBAD, CA 92009 991 213-250-10-00 MAY MICHAEL G 8c SHARON G P 0 BOX 80828 SAN MARINO, CA 91118 1379 213-292-24-00 MAYNARD/ZANAVICH FAMILY TRUST 1943 MARCASITE PL CARLSBAD, CA 92009 1624 168-321-11-00 MAYO-MENDOZA MARILOU 8c MENDOZA BASILIC F 3525 ROCK RIDGE RD CARLSBAD, CA 92010 1368 213-292-13-00 MAZZOLA ROBERT J 8c ANDRUS VIRGETTE 6852 ESTRELLA DE MAR RD CARLSBAD, CA 92009 103 213-130-13-00 MCCALLUM JOHN 8c CAROLE A 1611 S MELROSE DR#304 VISTA, CA 92081 768 213-221-49-00 MCCLEARY FAMILY 2005 TRUST 06-06-05 6829 LEUCITE PL CARLSBAD, CA 92009 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carisbad Reassessment District No. 2012-1 Names and Addresses of Property Owners !D APN OWNER ADDRESS CITY. 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ZIP 241 213-141-53-00 MCCLENDON JAMES M 8c ROSE H REVOCABLE INT 13895 CARMEL RIDGE RD SAN DIEGO CA 92128 784 213-231-01-00 MCCLURKIN STEPHEN K 8c AMBER L 6765 VERMARINE CT CARLSBAD, CA 92009 524 213-180-28-00 MCCLUSKEY KEVIN M 2767 PALMETTO DR CARLSBAD, CA 92009 1465 168-041-14-03 MCCREIGHT PERCIVAL D 8c MONICA E 3673 JETTY PT CARLSBAD, CA 92010 59 213-112-55-03 MCDANIEL THOMAS W SR TRUST 05-04-04 6938 FELDSPAR PL CARLSBAD, CA 92009 1280 213-290-04-00 MCDONALD DIANE S 6736 ESTRELLA DE MAR RD CARLSBAD, CA 92009 1967 168-352-18-00 MCDONNELL LINDA 4665 MEADOW DR CARLSBAD, CA 92010 840 213-233-18-00 MCFALL LEO D II 8c CARLENE F 6776 MALACHITE PL CARLSBAD, CA 92009 1787 168-340-02-16 MCGLOTHLIN KELLY 4017 PENINSULA DR CARLSBAD, CA 92010 152 213-130-62-00 MCGUIRE TIMOTHY M 8c KRISTIN J 2578 TOWN GARDEN RD CARLSBAD, CA 92009 629 213-201-12-00 MCHENRY KORY R 8c SHANDA M 2243 IVORY PL CARLSBAD, CA 92009 1605 168-320-32-00 MCKELVEY KEVIN 8c CAVA JACQUELINE V 3550 SAND CT CARLSBAD, CA 92010 1412 213-310-01-12 MCKNIGHT ERIN K 8c TRACEY D 2405 COPPER WAY CARLSBAD, CA 92009 940 213-242-31-00 MCLAUGHLIN JAMES R 8c DIANA L 2266 TIGEREYE PL CARLSBAD, CA 92009 415 213-170-03-00 MCLAUGHLIN JOHN J 8c KELLY K 6245 ALVERTON DR CARLSBAD, CA 92009 696 213-220-01-00 MCLEOD ROBERT S & ESTER M 1174 NEWCASTLE CT OCEANSIDE, CA 92056 1209 213-280-24-00 MCNAMARA THOMAS 8c CHRISTA FAMILY 2011 TR 2339 KYANITE PL CARLSBAD, CA 92009 644 213-202-06-00 MCPHAIL ROBERT F 8c SONIA C 6845 CITRINE DR CARLSBAD, CA 92009 675 213-211-08-00 MCTAGGART GREGORY S 8c KARLA J 6915 AMBER LN CARLSBAD, CA 92009 1732 168-331-50-00 MEAD WILLIAM F 3440 PLEASANT VALE DR CARLSBAD, CA 92010 1307 213-290-31-00 MEARS JONATHAN P & SAMANTHA J 6717 LIMONITE CT CARLSBAD, CA 92009 750 213-221-31-00 MEDINA MARIO P 8c LYNN C A 2818 CASEY ST #B SAN DIEGO CA 92139 180 213-140-27-00 MEDINA RENO 8c KARA 6256 DARTINGTON WAY CARLSBAD, CA 92009 805 213-231-22-00 MEEKER BENJAMIN L 8c APRIL C 6779 VERMARINE CT CARLSBAD, CA 92009 800 213-231-17-00 MEENES R 8c L TRUST 09-22-03 6795 VERMARINE CT CARLSBAD, CA 92009 1506 168-041-15-20 MEHESZ VIKTOR C 8c SVATY KRISZTINA 4009 BACKSHORE CT CARLSBAD, CA 92010 1680 168-330-24-00 MEHR MEHRAN 8c MEHR MITRA 3460 PLEASANT VALE DR CARLSBAD, CA 92010 1678 168-330-22-00 MEHR MEHRDAD 3468 PLEASANT VALE DR CARLSBAD, CA 92010 1271 213-283-18-00 MEJIA SANTIAGO A 8c CREAL SHARON 6579 HALITE PL CARLSBAD, CA 92009 796 213-231-13-00 MEKLER MOSHE 8c DANA 6790 VERMARINE CT CARLSBAD, CA 92009 670 213-211-03-00 MELEHAN DANIEL 8c JENNIFER 6895 AMBER LN CARLSBAD, CA 92009 636 213-201-19-00 MELEMED JEFFERY S 8c TIFFANY A 2234 IVORY PL CARLSBAD, CA 92009 129 213-130-39-00 MELLET FRANCOIS & CAROLYN D 2568 INGLETON AVE CARLSBAD, CA 92009 866 213-240-14-00 MELLINI FAMILY TRUST 10-20-03 6947 GOLDSTONE RD CARLSBAD, CA 92009 365 213-160-22-00 MENDOZA FAMILY TRUST 08-12-11 6344 HUNTINGTON DR CARLSBAD, CA 92009 1405 213-310-01-05 MERHAR CATHY B TRUST 11-29-07 6440 CINNABAR WAY CARLSBAD, CA 92009 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. 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ZIP 339 213-151-49-00 MERRILL HOWARD L 8c JEANNE W 6326 EDENDALE ST CARLSBAD, CA 92009 1357 213-292-02-00 MERRITT SPENCER E 8c KERI L 6808 ESTRELLA DE MAR RD CARLSBAD, CA 92009 762 213-221-43-00 MESHKAT SIAVASH N 8c SUSAN A 7044 CORINTA ST CARLSBAD, CA 92009 688 213-212-06-00 MESSICK FAMILY TRUST 04-14-06 6939 AMBER LN CARLSBAD, CA 92009 28 213-112-46-04 MESSINA JOHN T 8c AHERN LAURA L 6950 BRASS PL CARLSBAD, CA 92009 486 213-171-23-00 METRAS PORTIA 2613 TOWN GARDEN RD CARLSBAD, CA 92009 1010 213-260-01-04 METROPOLITAN 102 L L C 205 S EL CAMINO REAL #F ENCINITAS, CA 92024 1009 213-260-01-03 METROPOLITAN SURGERY VENTURE LLC 6390 PASEO ASPADA CARLSBAD, CA 92009 1448 168-041-13-10 METZGER MICHAEL R 3667 JETTY PT CARLSBAD, CA 92010 569 213-181-45-00 MEYERHOFF BRANDON K 8c SAMANTHA L 2709 PLUMERIA DR CARLSBAD, CA 92009 1820 168-341-05-04 MIKHAILENKO NIKITA 8c TATIANA 4084 PENINSULA DR CARLSBAD, CA 92010 863 213-240-11-00 MIKI REGINA B 2255 GALENA AVE CARLSBAD, CA 92009 1410 213-310-01-10 MIKUS KRISTEN M 8c SCHLICHT PATRICK J 6420 CINNABAR WAY CARLSBAD, CA 92009 1708 168-331-26-00 MILES KATHLEEN A 4755 CRATER RIM RD CARLSBAD, CA 92010 258 213-150-10-00 MILLIKIN BRUCE A 8c CAROLYN L 2659 BRESSI RANCH WAY CARLSBAD, CA 92009 1958 168-352-09-00 MINKLER FAMILY TRUST 11-01-95 3478 RICH FIELD DR CARLSBAD, CA 92010 1597 168-320-24-00 MIRELES FRANK R 8c MELICIA J 3580 FLAT ROCK ST CARLSBAD, CA 92010 1825 168-341-05-09 MISCIOSCIA VINCENT D 8c GAIL P 4098 PENINSULA DR CARLSBAD, CA 92010 1211 213-280-26-00 MISHRIKI JOSEPH 8c SARAH 2338 KYANITE PL CARLSBAD, CA 92009 1880 168-341-07-19 MITCHELL RONALD A 8c JEANETTE J 8c MITCHEL 4092 KARST RD CARLSBAD, CA 92010 611 213-200-16-00 MIYAMOTO GERALD T 8c PHI TIFFANY N 6820 CITRINE DR CARLSBAD, CA 92009 1192 213-280-07-00 MIYAMOTO KENT T 8c WONG LYNNETTE 0 6627 HALITE PL CARLSBAD, CA 92009 718 213-220-23-00 MOBACH BOB 8c KASTEN KELLY 6814 JADE LN CARLSBAD, CA 92009 1044 213-261-17-00 MODERNA DEL MAR LLC P 0 BOX 7271 RANCHO SANTA FE, CA 92067 1045 213-261-18-00 MODERNA DEL MAR LLC P 0 BOX 7271 RANCHO SANTA FE, CA 92067 761 213-221-42-00 MOEHRKE PETER W 8c JULIA A 6824 KORITE PL CARLSBAD, CA 92009 234 213-141-46-00 MOHAMMADPOUR HOOMAN 8c MOEINI-FERDOSI SH2684 BRESSI RANCH WAY CARLSBAD, CA 92009 416 213-170-04-00 MOHSENI FARAMARZ 6249 ALVERTON DR CARLSBAD, CA 92009 1442 168-041-13-04 MOHUN BRANDI 3643 JETTY PT CARLSBAD, CA 92010 653 213-202-15-00 MOLINA TELESFORO A JR 8c REGINA A LIVING 6852 CITRINE DR CARLSBAD, CA 92009 491 213-171-28-00 MOLNAR FAMILY TRUST 01 -09-08 2622 GARDEN HOUSE RD CARLSBAD, CA 92009 1839 168-341-06-05 MOMEYER BRIAN 8c KELLY 4108 PENINSULA DR CARLSBAD, CA 92010 1652 168-321-40-00 MONGELLUZZO JON Z 8c STEPHANIE 3567 FLAT ROCK ST CARLSBAD, CA 92010 5 213-112-39-04 MONHEIM CAITLIN J 6978 BRASS PL CARLSBAD, CA 92009 207 213-141-19-00 MONRO BENJAMIN R 8c LISA M A 2649 PARADISE RD CARLSBAD, CA 92009 1818 168-341-05-02 MONROE FAMILY TRUST 06-27-86 1421 ESCALANTE DR PRESCOTT, AZ 86303 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carisbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. 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ZIP 1667 168-330-11-00 MONROE RICK S 8c KIM K 3459 PLEASANT VALE DR CARLSBAD, CA 92010 1450 168-041-13-12 MONSEGUR JAMES L 3669 JETTY PT CARLSBAD, CA 92010 1440 168-041-13-02 MONTEZ CYNTHIA 8c BIERY TERESA 3649 JETTY PT CARLSBAD, CA 92010 1807 168-340-03-15 MONTOYA REVILLA FAMILY TRUST 01-26-11 4071 PENINSULA DR CARLSBAD, CA 92010 1785 168-340-02-14 MOORE JEREMY M 8c DANIELLE H 4035 PENINSULA DR #245 CARLSBAD, CA 92010 713 213-220-18-00 MOORE WILLIAM J 8c KRISTIN M 6834 JADE LN CARLSBAD, CA 92009 1821 168-341-05-05 MORA JUAN C 8c JENNIFER 4082 PENINSULA DR CARLSBAD, CA 92010 1268 213-283-15-00 MORALES ENZO M 8c DANIELLE E JOINT LIVING 6567 HALITE PL CARLSBAD, CA 92009 489 213-171-26-00 MORALES JULIO C 8c PEREZ CLAUDIA R 6259 VILLAGE GREEN DR CARLSBAD, CA 92009 322 213-151-32-00 MORALES-MACEDO HENRIFER G II 8c SANDRA H 6341 GREENHAVEN DR CARLSBAD, CA 92009 472 213-171-09-00 MORAN JOSE M & HARRIGAN TAMARA A 6281 ARBOR ROSE DR CARLSBAD, CA 92009 118 213-130-28-00 MOREA MATTHEW J 8c STACY J 2577 DISCOVERY RD CARLSBAD, CA 92009 1416 213-310-01-16 MORENO MARK A 8c IRENE S 17715 WILD BASIN SAN ANTONIO, TX 78258 78 213-112-59-03 MORGAN FAMILY TRUST 10-12-99 6942 TOURMALINE PL CARLSBAD, CA 92009 445 213-170-33-00 MORGAN HOWARD L 8c CYNTHIA N 6252 ALVERTON DR CARLSBAD, CA 92009 1946 168-351-05-00 MORGAN MICHAEL J 8c DEBORAH A 3431 RICH FIELD DR CARLSBAD, CA 92010 1532 168-041-16-22 MORGAN STANLEY MORTGAGE LOAN TRUST 2005--1800 TAPO CANYON RD SIMI VALLEY, CA 93063 1848 168-341-06-14 MORGAN TIMOTHY L 4106 KARST RD CARLSBAD, CA 92010 1556 168-280-51-00 MORGANTI NICKIE J 3581 GRANITE CT CARLSBAD, CA 92010 1269 213-283-16-00 MORI GORDON & AYA 6571 HALITE PL CARLSBAD, CA 92009 965 213-243-17-00 MORLEY NATHAN 1 8c SARA P 6972 AMMONITE PL CARLSBAD, CA 92009 266 213-150-18-00 MORRIS RAY S 1237 WHITE SANDS DR SAN MARCOS, CA 92078 308 213-151-18-00 MORRISON GARY W 8c ROBBIE H 6315 HUNTINGTON DR CARLSBAD, CA 92009 14 213-112-42-03 MORRISON JEROME A 8c MICHELLE K 6985 BRASS PL CARLSBAD, CA 92009 1674 168-330-18-00 MORROW TIMOTHY 1 8c CHRISTENSEN KATHERINE 3496 PLEASANT VALE DR CARLSBAD, CA 92010 1953 168-352-04-00 MOTTUS KEITH 3468 RICH FIELD DR CARLSBAD, CA 92010 1960 168-352-11-00 MOU MARK F 8c LISA N 4672 MEADOW DR CARLSBAD, CA 92010 1196 213-280-11-00 MOWER WILBUR E JR 8c BARBARA A 6643 HALITE PL CARLSBAD, CA 92009 957 213-243-09-00 MOYAL YEHUDA 8c LILIAN 8c HAGEN MICHELLE M 6991 BIXBITE PL CARLSBAD, CA 92009 703 213-220-08-00 MRASSO FAMILY TRUST 06-04-07 6817 JADE LN CARLSBAD, CA 92009 1690 168-331-08-00 MUDDUKRISHNA SHAMMANA 8c CHANDRIKA 3423 PLEASANT VALE DR CARLSBAD, CA 92010 229 213-141-41-00 MULDOON JOHN J 8c JEAN M 2704 BRESSI RANCH WAY CARLSBAD, CA 92009 946 213-242-40-00 MULLEN JOEL M 8c CHANDA R 2274 AVENTURINE PL CARLSBAD, CA 92009 920 213-242-07-00 MULLER BRADLEY P 8c STACY J D 2251 AVENTURINE PL CARLSBAD, CA 92009 142 213-130-52-00 MUNDY RICHARD J 8c TERESA 1 2559 INGLETON AVE CARLSBAD, CA 92009 1460 168-041-13-22 MUNIER CHRISTOPHER 2007 TRUST 06-112-07 3668 JETTY PT CARLSBAD, CA 92010 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carisbad City ofCarlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. STATE. 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STATE. ZIP 319 213-151-29-00 NGUYEN KARI AN 11 NEWTON SQ#3 CANFIELD, OH 44406 546 213-181-22-00 NGUYEN KHANH KIM 10561 KNOTT AVE CYPRESS, CA 90630 871 213-240-19-00 NGUYEN MICHAEL J 8c KIM ANNA C 2203 AZURITE PL CARLSBAD, CA 92009 239 213-141-51-00 NGUYEN PHUC THE 2664 BRESSI RANCH WAY CARLSBAD, CA 92009 1704 168-331-22-00 NGUYEN TIMOTHY T 8c THACH TERILYN THIEN 4747 CRATER RIM RD CARLSBAD, CA 92010 1799 168-340-03-07 NGUYEN TRUNG Q 8c NGUYEN SALLY HANH 4068 PENINSULA DR CARLSBAD, CA 92010 1133 213-271-01-00 NGUYEN VIET Q 6633 BROOKITE CT CARLSBAD, CA 92009 418 213-170-06-00 NGUYEN VINH HIEN 8c TRINH TUYET 6257 ALVERTON DR CARLSBAD, CA 92009 362 213-160-19-00 NGUYEN-PHAN FAMILY TRUST 06-16-08 6356 HUNTINGTON DR CARLSBAD, CA 92009 209 213-141-21-00 NGUYEN-THE LIVING TRUST 12-01-05 2657 PARADISE RD CARLSBAD, CA 92009 876 213-240-24-00 NICHOLAS SHAILER 8c DAWN 8c ALLEN LEE 2218 AZURITE PL CARLSBAD, CA 92009 1847 168-341-06-13 NICHOLSON EDWARD 8c NICHOLSON GORDON 4108 KARST RD CARLSBAD, CA 92010 1834 168-341-05-18 NIELSEN BRIAN R 8c TAMMY S 4095 PENINSULA DR CARLSBAD, CA 92010 293 213-151-03-00 NIEMI VICKI 6317 HERITAGE DR CARLSBAD, CA 92009 495 213-171-32-00 NIESS FAMILY TRUST 08-11-06 2606 GARDEN HOUSE RD CARLSBAD, CA 92009 860 213-240-08-00 NIKIFOROV THEO T 8c STOYNOVA LUDMILA T 2267 GALENA AVE CARLSBAD, CA 92009 652 213-202-14-00 NIKU SOHEIL 6856 CITRINE DR CARLSBAD, CA 92009 1878 168-341-07-17 NISLEY MICHELLE 4080 KARST RD CARLSBAD, CA 92010 2008 168-353-17-00 NIVASNANDA PONGTHANES 8c NUANJARAT 4664 MEADOW DR CARLSBAD, CA 92010 237 213-141-49-00 NIXON SAMUEL C 8c ALTHEA S 2672 BRESSI RANCH WAY CARLSBAD, CA 92009 1676 168-330-20-00 NOBLE FAMILY TRUST 09-29-93 3476 PLEASANT VALE DR CARLSBAD, CA 92010 1802 168-340-03-10 NOEL JAMES A 8c KATHRYN A LIVING TRUST 03 4062 PENINSULA DR CARLSBAD, CA 92010 1058 213-262-13-03 NORBY NIELS C 8c TINA J 6132 INNOVATION WAY #K-3 CARLSBAD, CA 92009 2002 168-353-11-00 NORTON LEO P 8c KORIE L 4652 MEADOW DR CARLSBAD, CA 92010 1929 168-350-23-00 NOTO THOMAS J III 8c TAMMY M 3463 RICH FIELD DR CARLSBAD, CA 92010 679 213-211-12-00 NOURY BENOIT & FISETTE CLAIRE 6898 AMBER LN CARLSBAD, CA 92009 1871 168-341-07-10 NOWAK JASON A 8c SOUCI JAIME N S 2729 TIBURON AVE CARLSBAD, CA 92010 296 213-151-06-00 NYGARD GLENN S 8c LINDA S 6329 HERITAGE WAY CARLSBAD, CA 92009 1389 213-300-06-00 OAS SPECTRUM LLC 2774 GATEWAY RD CARLSBAD, CA 92009 113 213-130-23-00 OBERGFELL JOE 8c KOZLOWICZ-OBERGFELL ELIZ 6222 TOPIARY ST CARLSBAD, CA 92009 795 213-231-12-00 OBRIEN MARK C 8c LAURIE A 6786 VERMARINE CT CARLSBAD, CA 92009 1029 213-261-15-01 OCEAN COLLECTION LLC 655 W BROADWAY #1600 SAN DIEGO, CA 92101 1030 213-261-15-02 OCEAN COLLECTION LLC POBOX 1388 VISTA, CA 92085 1031 213-261-15-03 OCEAN COLLECTION LLC POBOX 1388 VISTA, CA 92085 1032 213-261-15-04 OCEAN COLLECTION LLC POBOX 1388 VISTA, CA 92085 1033 213-261-15-05 OCEAN COLLECTION LLC 655 W BROADWAY #1600 SAN DIEGO, CA 92101 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carisbad City of Carisbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. STATE. ZIP 1034 213-261-15-06 OCEAN COLLECTION LLC 655 W BROADWAY #1600 SAN DIEGO, CA 92101 1035 213-261-15-07 OCEAN COLLECTION LLC 655 W BROADWAY #1600 SAN DIEGO, CA 92101 1036 213-261-15-08 OCEAN COLLECTION LLC 655 W BROADWAY #1600 SAN DIEGO, CA 92101 1039 213-261-15-11 OCEAN COLLECTION LLC 655 W BROADWAY #1600 SAN DIEGO, CA 92101 1040 213-261-15-12 OCEAN COLLECTION LLC POBOX 1388 VISTA, CA 92085 1041 213-261-15-13 OCEAN COLLECTION LLC 655 W BROADWAY #1600 SAN DIEGO, CA 92101 1042 213-261-15-14 OCEAN COLLECTION LLC 655 W BROADWAY #1600 SAN DIEGO, CA 92101 618 213-201-01-00 OCONNOR JON 6837 TANZANITE DR CARLSBAD, CA 92009 779 213-230-09-00 ODAY THOMAS J 8c MARGARET 6763 MALACHITE PL CARLSBAD, CA 92009 973 213-243-25-00 ODONNELL WILLIAM C 8c JIMENEZ-ODONNELL CO 6989 AMMONITE PL CARLSBAD, CA 92009 826 213-233-04-00 OGLESBEE FAMILY LTD PARTNERSHIP 6787 ONYX PL CARLSBAD, CA 92009 317 213-151-27-00 OGUS DAN S 8c SARAH 6332 GREENHAVEN DR CARLSBAD, CA 92009 358 213-160-15-00 OHLSON DAVID 8c LYNETTE TRUST 09-06-90 6372 HUNTINGTON DR CARLSBAD, CA 92009 743 213-221-24-00 OHRINER STEVEN M 8c RITA A 2375 LAPIS RD CARLSBAD, CA 92009 1760 168-331-78-00 OLIVER DIDIER 8c HEATHER J 3438 RAVINE DR CARLSBAD, CA 92010 411 213-162-34-00 OLIVIER CYNTHIA M 6310 ENCANTO DR CARLSBAD, CA 92009 1293 213-290-17-00 OLSON DOUGLAS W 8c RENA 6738 LIMONITE CT CARLSBAD, CA 92009 1278 213-290-02-00 OMAN MARK J 8c TARSA SHIRIN 6728 ESTRELLA DE MAR RD CARLSBAD, CA 92009 1510 168-041-15-24 OMIDVAR FAMILY TRUST 10-31-02 9711 IRVINE CENTER DR IRVINE, CA 92618 194 213-141-06-00 ONEAL SHEILA L 6269 COTTAGE DR CARLSBAD, CA 92009 1151 213-271-19-00 ONEAL TIMOTHY G 8c LISA M 6658 TITANITE PL CARLSBAD, CA 92009 1932 168-350-26-00 ORCHARD MARIETTA E LIVING TRUST 01-12-07 3455 RICH FIELD DR CARLSBAD, CA 92010 1933 168-350-27-00 ORCHARD MARIETTA E LIVING TRUST 01-12-07 3455 RICH FIELD DR CARLSBAD, CA 92010 990 213-250-09-00 ORELLANA CARLOS A 2541 MUIRFIELDS DR CARLSBAD, CA 92009 328 213-151-38-00 ORLANDO ANTHONY J 8c PATRICIA F 6317 GREENHAVEN DR CARLSBAD, CA 92009 1861 168-341-06-27 ORLANDO MICHAEL D 8c KIMBERLY J 4109 PENINSULA DR CARLSBAD, CA 92010 405 213-162-28-00 ORTMAN BRUCE L 8c JUANITA E 6323 MONTECITO DR CARLSBAD, CA 92009 1811 168-340-03-19 OSMUNDSON KARL 4045 PENINSULA DR CARLSBAD, CA 92010 1289 213-290-13-00 OSTERHOLT DOUGLAS J 8c PEARSON SHANNON L 6722 LIMONITE CT CARLSBAD, CA 92009 537 213-181-13-00 OTT JUSTIN 8c ORALIA 2755 ASCOT AVE CARLSBAD, CA 92009 1408 213-310-01-08 OURSBOURN MATT 6428 CINNABAR WAY CARLSBAD, CA 92009 816 213-232-11-00 OVERLOOK STEPHEN B 8c JENNIFER F 2428 LAPIS RD CARLSBAD, CA 92009 999 213-250-18-00 PDC RESIDENCE TRUST 06-30-11 6311 ALLSTON ST CARLSBAD, CA 92009 400 213-162-22-00 PACHECO FAMILY TRUST 04-09-08 6304 MONTECITO DR CARLSBAD, CA 92009 90 213-122-17-00 PACIFIC RIDGE SCHOOL 9619 CHESAPEAKE DR #103 SAN DIEGO, CA 92123 1071 213-262-13-16 PACIFIC SHORES HOLDING LLC 6102 INNOVATION WAY #N-2 CARLSBAD, CA 92009 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carisbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. STATE. ZIP 1724 168-331-42-00 PACKARD VIRGINIA C TRUST 01-08-07 3464 GENTLE KNOLL ST CARLSBAD, CA 92010 930 213-242-19-00 PADUA PEDRO M JR & MARIA L 2270 AVENTURINE PL CARLSBAD, CA 92009 1640 168-321-28-00 PAGE LEON 8c RUBY 3508 ROCK RIDGE RD CARLSBAD, CA 92010 1363 213-292-08-00 PALLIA DONALD 8c JUDITH A 6832 ESTRELLA DE MAR RD CARLSBAD, CA 92009 108 213-130-18-00 PALMER JASON 8c VALDEZ-PALMER JULIET L 6202 TOPIARY ST CARLSBAD, CA 92009 1050 213-262-11-00 PALOMAR AIRPORT ROAD LLC 3900 E CAMELBACK RD #100 PHOENIX, AZ 85018 1056 213-262-13-01 PALOMAR AIRPORT ROAD LLC 50 S IOTH ST #300 MINNEAPOLIS, MN 55403 1059 213-262-13-04 PALOMAR AIRPORT ROAD LLC 50 S IOTH ST #300 MINNEAPOLIS, MN 55403 1060 213-262-13-05 PALOMAR AIRPORT ROAD LLC 50 S IOTH ST #300 MINNEAPOLIS, MN 55403 1061 213-262-13-06 PALOMAR AIRPORT ROAD LLC 50 S IOTH ST #300 MINNEAPOLIS, MN 55403 1062 213-262-13-07 PALOMAR AIRPORT ROAD LLC 50 S IOTH ST #300 MINNEAPOLIS, MN 55403 1063 213-262-13-08 PALOMAR AIRPORT ROAD LLC 50 S IOTH ST #300 MINNEAPOLIS, MN 55403 1073 213-262-13-18 PALOMAR AIRPORT ROAD LLC 50 S IOTH ST #300 MINNEAPOLIS, MN 55403 1076 213-262-13-21 PALOMAR AIRPORT ROAD LLC 50 S IOTH ST #300 MINNEAPOLIS, MN 55403 1080 213-262-14-04 PALOMAR AIRPORT ROAD LLC 50 S IOTH ST #300 MINNEAPOLIS, MN 55403 1086 213-262-14-10 PALOMAR AIRPORT ROAD LLC 50 S IOTH ST #300 MINNEAPOLIS, MN 55403 1087 213-262-14-11 PALOMAR AIRPORT ROAD LLC 50 S IOTH ST #300 MINNEAPOLIS, MN 55403 1088 213-262-14-12 PALOMAR AIRPORT ROAD LLC 50 S IOTH ST #300 MINNEAPOLIS, MN 55403 1092 213-262-14-16 PALOMAR AIRPORT ROAD LLC 50 S IOTH ST #300 MINNEAPOLIS, MN 55403 1093 213-262-14-17 PALOMAR AIRPORT ROAD LLC 50 S IOTH ST #300 MINNEAPOLIS, MN 55403 1094 213-262-14-18 PALOMAR AIRPORT ROAD LLC 50 S IOTH ST #300 MINNEAPOLIS, MN 55403 1095 213-262-14-19 PALOMAR AIRPORT ROAD LLC 50 S IOTH ST #300 MINNEAPOLIS, MN 55403 1096 213-262-14-20 PALOMAR AIRPORT ROAD LLC 50 S IOTH ST #300 MINNEAPOLIS, MN 55403 1097 213-262-14-21 PALOMAR AIRPORT ROAD LLC 50 S IOTH ST #300 MINNEAPOLIS, MN 55403 1099 213-262-14-23 PALOMAR AIRPORT ROAD LLC 50 S IOTH ST #300 MINNEAPOLIS, MN 55403 1100 213-262-14-24 PALOMAR AIRPORT ROAD LLC 50 S IOTH ST #300 MINNEAPOLIS, MN 55403 1101 213-262-14-25 PALOMAR AIRPORT ROAD LLC 50 S IOTH ST #300 MINNEAPOLIS, MN 55403 1102 213-262-14-26 PALOMAR AIRPORT ROAD LLC 50S 10TH ST #300 MINNEAPOLIS, MN 55403 1103 213-262-14-27 PALOMAR AIRPORT ROAD LLC 50 S IOTH ST #300 MINNEAPOLIS, MN 55403 96 213-130-06-00 PAN IVAN l-FAN 6209 ALVERTON DR CARLSBAD, CA 92009 514 213-180-18-00 PANIELLO FAMILY TRUST 11-05-07 2716 PALMETTO DR CARLSBAD, CA 92009 256 213-150-08-00 PANTIG ARTHUR G 8c BERTILLA M 2651 BRESSI RANCH WAY CARLSBAD, CA 92009 13 213-112-42-02 PAPAGEORGE THOMAS A 8c SUSAN S 8c PAPAGEOR6987 BRASS PL CARLSBAD, CA 92009 777 213-230-07-00 PAQUET DENNIS A 8c TAMMIE A 2453 LAPIS RD CARLSBAD, CA 92009 766 213-221-47-00 PARANAL JERRY Z 8c JANET M 6821 LEUCITE PL CARLSBAD, CA 92009 297 213-151-07-00 PAREDES FAMILY LIVING TRUST 02-28-08 6333 HERITAGE DR CARLSBAD, CA 92009 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carisbad City ofCarlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN 1700 168-331-18-00 1816 168-340-03-24 1204 213-280-19-00 1622 168-321-09-00 76 213-112-59-01 819 213-232-14-00 603 213-200-08-00 54 213-112-54-02 387 213-162-09-00 586 213-181-62-00 637 213-201-20-00 34 213-112-48-02 562 213-181-38-00 1472 168-041-14-10 1687 168-331-05-00 1983 168-352-34-00 776 213-230-06-00 1731 168-331-49-00 436 213-170-24-00 1380 213-292-25-00 1763 168-331-81-00 1679 168-330-23-00 662 213-210-03-00 1844 168-341-06-10 1535 168-041-17-01 452 213-170-40-00 1521 168-041-16-11 1681 168-330-25-00 878 213-240-26-00 205 213-141-17-00 1789 168-340-02-18 722 213-221-02-00 1438 213-310-04-03 1887 168-341-08-02 1482 168-041-14-20 880 213-240-28-00 OWNER PARIKH DILIP K 8c LEENA D PARISH OF SAINT MICHAELS BY-THE-SEA EPIS PARK AMY 8c CLIFF FAMILY TRUST 08-03-04 PARK BEOM DAE 8c JUNG HEE PARK BYUNG K 8c CHONG J PARK CLINTON H 8c ELIZABETH M LIVING TRUS PARK DAVID S 8c MYUNG W PARK SEONG JUN 8c UN JUNG PARNIAN FAMILY TRUST 03-01-07 PARR FAMILY TRUST 09-15-10 PARRISH REVOCABLE TRUST 03-10-93 PARTHASARATHY VIJAYARAGHAVAN 8c SRINIVASA PARTIDO MELVIN V 8c RUTHLYN I PASHBY JEFFREY A TRUST 10-13-06 PASTERNACK BARRY PATEL DINESHCHANDRA A REVOCABLE TRUST 12 PATEL FAMILY TRUST PATEL NAYAN B 8c HEMLATA N PATTANUMOTANA GAVIN 8c PATTANUMOTANA FAM PATTI FAMILY TRUST 12-10-03 PAU KA LUN 8c LO MIU SING ELLEN PAUL MULLIGAN FAMILY TRUST 04-13-10 PAULSEN CARL G 8c MEGAN G PAYNE KEVIN PAYNE MATTHEW W PEACOX CHRISTIAN M PECK JOHN 8c ELIZABETH I PEI JIANHONG LIVING TRUST 06-15-10 PELUSO PHILIP 8c DIANE FAMILY 1997 TRUST PEREZ MARIANO PERRY JONATHAN S 8c JESSICA E PERRY KEVIN R 8c KIMBERLY L PETERSEN MICHAEL E 8c KAREN K 8c HADLEY Rl PETERSON JOANNE PETERSON NANCY PETROVA-ERGEN NATALIA 8c ALP ADDRESS 4739 CRATER RIM RD P O BOX 127 2319 KYANITE PL 312CALLIPPE CT 6938 TOURMALINE PL 2440 LAPIS RD 45 DIAMOND 6948 FELDSPAR PL 10923 E BAHIA DR 6416 ARCHES WAY 2230 IVORY PL 6934 BRASS PL 6407 ARCHES WAY 3691 JETTY PT 3435 PLEASANT VALE DR 3470 MOON FIELD DR 2457 LAPIS RD 3444 PLEASANT VALE DR 2583 ARUNDEL AVE 1939 MARCASITE PL 3426 RAVINE DR 3464 PLEASANT VALE DR 6865 AMBER LN 129 FERITTI DR 3603 JETTY PT 6243 LISMORE PL 2784 DOVE TAIL DR 3485 GENTLE KNOLL ST 1416 LA PLAZA DR 2641 PARADISE RD 4015 PENINSULA DR 2360 LARIMAR AVE 6449 CINNABAR WAY 4130 KARST RD 3678 JETTY PT 2234 AZURITE PL CITY. STATE. ZIP CARLSBAD, CA 92010 CARLSBAD, CA 92018 CARLSBAD, CA 92009 BRISBANE, CA 94005 CARLSBAD, CA 92009 CARLSBAD, CA 92009 IRVINE, CA 92620 CARLSBAD, CA 92009 SCOTTSDALE, AZ 85255 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92009 LAKEWAY, TX 78734 CARLSBAD, CA 92010 CARLSBAD, CA 92009 SAN MARCOS, CA 92078 CARLSBAD, CA 92010 SAN MARCOS, CA 92078 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92009 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carisbad City of Carlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. STATE. ZIP 641 213-202-03-00 PETTIT JONATHAN L 8c MARY G 6833 CITRINE DR CARLSBAD, CA 92009 1562 168-280-57-00 PHAM CUONG 8c TRACEY 3582 GRANITE CT CARLSBAD, CA 92010 1456 168-041-13-18 PHAM JULIE 3652 JETTY PT CARLSBAD, CA 92010 1582 168-320-09-00 PHAM KENNY H 8c TRAN MAI N P 0 BOX 6671 SANTA CLARA, CA 95056 615 213-200-20-00 PHAN HA 8c NGUYEN HOANG THUY TIEN 6823 HELENITE PL CARLSBAD, CA 92009 1901 168-341-08-16 PHAN TUAN V 8c DOAN JAMIE C 4127 KARST RD CARLSBAD, CA 92010 1306 213-290-30-00 PI JEFF 6721 LIMONITE CT CARLSBAD, CA 92009 2016 168-353-25-00 PIERCE PAMELA M 4651 MEADOW DR CARLSBAD, CA 92010 978 213-243-30-00 PILLSBURY MATTHEW 8c HEUTEL TIFFANY T 6969 AMMONITE PL CARLSBAD, CA 92009 1168 213-272-05-00 PINNOW MATTHEW J 8c BOBBI L R 6687 TITANITE PL CARLSBAD, CA 92009 171 213-140-18-00 PION-GOUREAU NORELYNN 6209 VILLAGE GREEN DR CARLSBAD, CA 92009 1589 168-320-16-00 PIOTROWSKI ANDRZEJ 8c AGNIESZKA 3547 ROCK RIDGE RD CARLSBAD, CA 92010 1608 168-320-35-00 PIROUZFAR SEAN M & PIROUZFAR MARYAM 3738 SADDLE DR CARLSBAD, CA 92010 584 213-181-60-00 PIROZHENKO ANDREY 8c PETROVA YELENA 6424 ARCHES WAY CARLSBAD, CA 92009 1918 168-350-12-00 PITTS JASON A & DENISE 0 3440 RICH FIELD DR CARLSBAD, CA 92010 1022 213-261-01-00 PIVOTAL 650 CALIFORNIA ST L L C 1702 E HIGHLAND AVE #310 PHOENIX, AZ 85016 1023 213-261-02-00 PIVOTAL 650 CALIFORNIA ST L L C 1702 E HIGHLAND AVE #310 PHOENIX, AZ 85016 1024 213-261-03-00 PIVOTAL 650 CALIFORNIA ST L L C 1702 E HIGHLAND AVE #310 PHOENIX, AZ 85016 1025 213-261-04-00 PIVOTAL 650 CALIFORNIA ST L L C 1702 E HIGHLAND AVE #310 PHOENIX, AZ 85016 1191 213-280-06-00 PLAXCO SHAWN 8c SUSAN 6623 HALITE PL CARLSBAD, CA 92009 1853 168-341-06-19 PLAZA VINCENT 8c TEANIO-PLAZA JEANYEE C 4115 PENINSULA DR CARLSBAD, CA 92010 378 213-161-13-00 PLOTKIN FAMILY TRUST 08-10-07 6303 Dl VITA DR CARLSBAD, CA 92009 1762 168-331-80-00 PLOUSHA CULLEN E JR 8c MARY K 3430 RAVINE DR CARLSBAD, CA 92010 1636 168-321-24-00 PLUNKETT JIMMY 3500 ROCK RIDGE RD CARLSBAD, CA 92010 1751 168-331-69-00 POBLETE LIVING TRUST 04-16-10 3465 RAVINE DR CARLSBAD, CA 92010 33 213-112-48-01 PODELL NORMA TRUST 05-19-82 6932 BRASS PL CARLSBAD, CA 92009 1598 168-320-25-00 POKROP FRANK L III & OBRIEN ORLA A 3577 SAND CT CARLSBAD, CA 92010 1214 213-280-29-00 POLK FAMILY TRUST 12-21-09 2326 KYANITE PL CARLSBAD, CA 92009 1920 168-350-14-00 POLLOCK MARK H 8c TAMMY L 3444 RICH FIELD DR CARLSBAD, CA 92010 1524 168-041-16-14 PONGRATZ PAMELA R 4022 BACKSHORE CT CARLSBAD, CA 92010 661 213-210-02-00 POPENEY ROBERT M FAMILY 1983 TRUST 6861 AMBER LN CARLSBAD, CA 92009 799 213-231-16-00 POPP WICKER TRUST 06-19-08 6799 VERMARINE CT CARLSBAD, CA 92009 1747 168-331-65-00 POPPEN DANIEL L 8c SVETLANA M 3449 RAVINE DR CARLSBAD, CA 92010 1449 168-041-13-11 PORTER MARK 3665 JETTY PT CARLSBAD, CA 92010 949 213-243-01-00 POST JOHN C 8c BRENDA B 2333 GALENA AVE CARLSBAD, CA 92009 311 213-151-21-00 POTTIN ALBERTO A 8c KIMBERLY B 6327 HUNTINGTON DR CARLSBAD, CA 92009 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carisbad City of Carisbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. STATE. ZIP 516 213-180-20-00 POTWARDOWSKI ERIC 8c MICHELLE 2736 PALMETTO DR CARLSBAD, CA 92009 1572 168-292-32-00 POU JOHN W III 8c MARCELINE M 3580 GORGE PL CARLSBAD, CA 92010 1975 168-352-26-00 POUR STANLEY F L P KENSc ATOSSA STANLEY CARLSBAD, CA 92010 279 213-150-31-00 POWERS DAVID 8c JENNIFER A 2668 PEPPERTREE WAY CARLSBAD, CA 92009 224 213-141-36-00 PRCHAL MICHAEL T 8c LINDA A 2725 PARADISE RD CARLSBAD, CA 92009 931 213-242-20-00 PRENTICE ADRIAN J 8c ELISSA K 2266 AVENTURINE PL CARLSBAD, CA 92009 1444 168-041-13-06 PRESLEY MICHAEL 8c C CAROLINE 3641 JETTY PT CARLSBAD, CA 92010 717 213-220-22-00 PRESS FAMILY TRUST 02-01-02 6818 JADE LN CARLSBAD, CA 92009 694 213-212-12-00 PRICE ROYSTON 8c DEBRA A 3442 CAPRI WAY #1 OCEANSIDE, CA 92056 1543 168-041-17-09 PUJARA MAYURI 8c PUJARA NEEL 3602 JETTY PT CARLSBAD, CA 92010 1714 168-331-32-00 PUJARA NEEL 8c SHAH ANUJA 4764 CRATER RIM RD CARLSBAD, CA 92010 1925 168-350-19-00 PURCOTT BOSCHI FAMILY TRUST 11-15-10 3454 RICH FIELD DR CARLSBAD, CA 92010 1491 168-041-15-05 PUZIO EDWARD M 3721 JETTY PT CARLSBAD, CA 92010 487 213-171-24-00 QOZI BASILE 8c SAMIRA J FAMILY TRUST 10-1 2617 TOWN GARDEN RD CARLSBAD, CA 92009 226 213-141-38-00 QOZI NENIB 8c ELIAS LUBNA 2716 BRESSI RANCH WAY CARLSBAD, CA 92009 351 213-160-08-00 QUAN MARJORIE LIVING TRUST 03-27-02 6379 HUNTINGTON DR CARLSBAD, CA 92009 646 213-202-08-00 QUAN THU HONG 8c NGUYEN THUY 6853 CITRINE DR CARLSBAD, CA 92009 210 213-141-22-00 QUARSHIE SETH 2661 PARADISE RD CARLSBAD, CA 92009 144 213-130-54-00 QUINBY DAVID L 8c LINDA J 2551 INGLETON AVE CARLSBAD, CA 92009 570 213-181-46-00 QUINN CHRISTIAN J 8c SARA L 2705 PLUMERIA DR CARLSBAD, CA 92009 380 213-162-02-00 QUINTERO FAMILY TRUST 06-06-05 6313 ENCANTO DR CARLSBAD, CA 92009 1635 168-321-23-00 QUINTOS SHIRLEY D 3501 ROCK RIDGE RD CARLSBAD, CA 92010 1483 168-041-14-21 QUISENBERRY DONNA J 3674 JETTY PT CARLSBAD, CA 92010 302 213-151-12-00 RALI2006QS11 1100 VIRGINIA DR FT WASHINGTON, PA 19034 56 213-112-54-04 RADCLIFFE WILLIAM 8c SHERY FAMILY TRUST 0 6952 FELDSPAR PL CARLSBAD, CA 92009 964 213-243-16-00 RAFF SIMON A 8c GIRA P 6968 AMMONITE PL CARLSBAD, CA 92009 1898 168-341-08-13 RAFIDI FAMILY TRUST 06-24-00 5947 ANNIE OAKLEY RD HIDDEN HILLS, CA 91302 845 213-233-23-00 RAG IRREVOCABLE TRUST09-08-09 6863 TANZANITE DR CARLSBAD, CA 92009 1499 168-041-15-13 RAKE BRANDON 8c RAKE LOIS 3734 JETTY PT CARLSBAD, CA 92010 1619 168-321-06-00 RALLINGS KATHLEEN H 3535 ROCK RIDGE RD CARLSBAD, CA 92010 1788 168-340-02-17 RAMAIYA JARRETT E 8c ELBLING-RAMAIYA HALL 4019 PENINSULA DR CARLSBAD, CA 92010 1545 168-041-17-11 RANGACHARI PRASHANTH 8c CHALLAPALLI MAMAT 3610 JETTY PT CARLSBAD, CA 92010 1628 168-321-15-00 RARRA VIRGINIA S LIVING TRUST 3517 ROCK RIDGE RD CARLSBAD, CA 92010 817 213-232-12-00 RAU JASON M 8c ASMUSSEN SARAH B 2432 LAPIS RD CARLSBAD, CA 92009 345 213-160-02-00 RAUDASKOSKI FAMILY TRUST 06-25-09 6355 HUNTINGTON DR CARLSBAD, CA 92009 386 213-162-08-00 RAVAZZOLO GEORGE J LIVING TRUST 10-04-73 2681 ECHO AVE CARLSBAD, CA 92009 City of Carisbad Reassessment District No. 2012-1 - City ofCarlsbad Prepared by NBS - December 4, 2012 City of Carisbad City of Carlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. STATE. ZIP 1547 168-041-18-01 RAY MICHAEL S 8c MITCHELL ANGELA 3627 JETTY PT CARLSBAD, CA 92010 1729 168-331-47-00 RAYMOND DAVID W 8c MARTINEZ-RAYMOND MELA 3452 PLEASANT VALE DR CARLSBAD, CA 92010 1904 168-341-08-19 READ RANDALL C 8c DATTA-READ PIEW 4133 KARST RD CARLSBAD, CA 92010 1007 213-260-01-01 REAGAN BRIAN J 6221 METROPOLITAN ST #100 CARLSBAD, CA 92009 856 213-240-04-00 REAVES JOHN R JR 8c JODI A 2283 GALENA AVE CARLSBAD, CA 92009 1997 168-353-06-00 REDDY MADIREDDY R 8c SABINE B 3492 RICH FIELD DR CARLSBAD, CA 92010 517 213-180-21-00 REED SKIP 8c CYNTHIA 2740 PALMETTO DR CARLSBAD, CA 92009 289 213-150-41-00 REESE PHILIP G 2626 PEPPERTREE WAY CARLSBAD, CA 92009 589 213-191-09-00 REGENCY BRESSI LLC 100 WILSHIRE BLVD #700 SANTA MONICA, CA 90401 590 213-191-10-00 REGENCY BRESSI LLC 100 WILSHIRE BLVD #700 SANTA MONICA, CA 90401 591 213-191-11-00 REGENCY BRESSI LLC 100 WILSHIRE BLVD #700 SANTA MONICA, CA 90401 592 213-191-14-00 REGENCY BRESSI LLC 100 WILSHIRE BLVD #700 SANTA MONICA, CA 90401 593 213-191-15-00 REGENCY BRESSI LLC 100 WILSHIRE BLVD #700 SANTA MONICA, CA 90401 594 213-191-25-00 REGENCY BRESSI LLC 100 WILSHIRE BLVD #700 SANTA MONICA, CA 90401 595 213-191-26-00 REGENCY BRESSI LLC 100 WILSHIRE BLVD #700 SANTA MONICA, CA 90401 450 213-170-38-00 REID KIRSTEN E G 6235 LISMORE PL CARLSBAD, CA 92009 392 213-162-14-00 REISWIG GARY D 8c ERIKA T 6336 MONTECITO DR CARLSBAD, CA 92009 1897 168-341-08-12 REMMERT FAMILY TRUST 09-21-10 4156 KARST RD CARLSBAD, CA 92010 1913 168-350-07-00 RENE CARMEN 3433 MOON FIELD DR CARLSBAD, CA 92010 1216 213.280-31-00 RENERT FAMILY TRUST 07-01-08 6642 HALITE PL CARLSBAD, CA 92009 1200 213-280-15-00 RENNER KATHERINE M 13892 ETUDE RD SAN DIEGO, CA 92128 657 213-202-19-00 REVIER FAMILY TRUST 04-02-98 2252 IVORY PL CARLSBAD, CA 92009 1917 168-350-11-00 REZAINIA PARVIN REVOCABLE 2009 TRUST 3438 RICH FIELD DR CARLSBAD, CA 92010 1891 168-341-08-06 RHEINSCHMIDTMERI L 4124 KARST RD CARLSBAD, CA 92010 1873 168-341-07-12 RIBNICK BENJAMIN P 4072 KARST RD CARLSBAD, CA 92010 1888 168-341-08-03 RICHARD BRIAN 8c JASMIN 4134 KARST RD CARLSBAD, CA 92010 277 213-150-29-00 RICHARDS GERALD 8c MICHIKO FAMILY TRUST 0 2676 PEPPERTREE WAY CARLSBAD, CA 92009 1321 213-291-01-00 RICHARDS STEPHEN A 8c PAULA M A FAMILY TR 6756 ESTRELLA DE MAR RD CARLSBAD, CA 92009 172 213-140-19-00 RICHARDSON ANDRE L 6213 VILLAGE GREEN DR CARLSBAD, CA 92009 616 213-200-21-00 RICHARDSON JASON A & HALE Y 6827 HELENITE PL CARLSBAD, CA 92009 236 213-141-48-00 RICHARDSON WILLIAM C JR 8c GLORIA D 2676 BRESSI RANCH WAY CARLSBAD, CA 92009 1824 168-341-05-08 RICHEY MIA S 4094 PENINSULA DR CARLSBAD, CA 92010 552 213-181-28-00 RIDDLE CASEY L 8c OCONNOR-RIDDLE LISA M 2714 ASCOT AVE CARLSBAD, CA 92009 835 213-233-13-00 RILEY PATRICK 8c ANGELA 6789 OBSIDIAN PL CARLSBAD, CA 92009 165 213-140-12-00 RILEY VENISE 6219 DARTINGTON WAY CARLSBAD, CA 92009 197 213-141-09-00 RISLEY FAMILY TRUST 6254 VILLAGE GREEN DR CARLSBAD, CA 92009 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carisbad City of Carlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. STATE. ZIP 1725 168-331-43-00 RIVERA JORGE 8c CARMEN FAMILY TRUST 01-15 3468 GENTLE KNOLL ST CARLSBAD, CA 92010 577 213-181-53-00 ROACH CHARLOTTE L 2747 PLUMERIA DR CARLSBAD, CA 92009 1150 213-271-18-00 ROADINGER MICHAEL J JR 8c BERRY KATIE L 6616 BROOKITE CT CARLSBAD, CA 92009 1342 213-291-22-00 ROBB JEFFREY 8c SHAWNNA L 1967 MARCASITE PL CARLSBAD, CA 92009 1320 213-290-44-00 ROBBINS JASON E 8c MICHELLE M 1960 COBALT DR CARLSBAD, CA 92009 700 213-220-05-00 ROBBINS MARY 32AVANZARE IRVINE, CA 92606 461 213-170-49-00 ROBERTS JEROME M 8c BEVERLEY 2576 ARUNDEL AVE CARLSBAD, CA 92009 1541 168-041-17-07 ROBERTSON CHRISTOPHER L 8c ERIN C 3604 JETTY PT CARLSBAD, CA 92010 391 213-162-13-00 ROBERTSON LINDA J 8c JOHNSON DAVID D 6340 MONTECITO DR CARLSBAD, CA 92009 1716 168-331-34-00 ROBERTSON MICHAEL T 8c TANIA M 4760 CRATER RIM RD CARLSBAD, CA 92010 497 213-180-01-00 ROBINETT ROGER 2759 PALMETTO DR CARLSBAD, CA 92009 1675 168-330-19-00 ROBINSON BLANE M 8c KATHLEEN M 3498 PLEASANT VALE DR CARLSBAD, CA 92010 299 213-151-09-00 ROBINSON FERNANDA E 6341 HERITAGE WAY CARLSBAD, CA 92009 2019 168-353-28-00 ROBINSON MARVIN A 8c CHURCHILL HEATHER J 3487 RICH FIELD DR CARLSBAD, CA 92010 730 213-221-10-00 ROBLEDO VALERIA E 2392 LARIMAR AVE CARLSBAD, CA 92009 868 213-240-16-00 RODRIGUEZ DANIEL P 8c MARGARITA F 2215 AZURITE PL CARLSBAD, CA 92009 1977 168-352-28-00 RODRIGUEZ JOSE N 8c MOTTERSHAW HEATHER A 3467 RICH FIELD DR CARLSBAD, CA 92010 1502 168-041-15-16 RODRIGUEZ LUCIA C 4811 E SUNRISE DR TUCSON, AZ 85718 153 213-130-63-00 RODRIGUEZ RAUL 8c AMANDA E 2582 TOWN GARDEN RD CARLSBAD, CA 92009 1644 168-321-32-00 ROELEN SCOTT R 8c NIELSEN-ROELEN LONNIE 3516 ROCK RIDGE RD CARLSBAD, CA 92010 372 213-161-07-00 ROHRLICK MARK 8c MARIA 6327 Dl VITA DR CARLSBAD, CA 92009 492 213-171-29-00 ROLLINS FAMILY TRUST 12-22-08 2618 GARDEN HOUSE RD CARLSBAD, CA 92009 201 213-141-13-00 ROLLINSON AUGUSTIN W 8c SARAH 0 2625 PARADISE RD CARLSBAD, CA 92009 1770 168-331-88-00 ROMERO RYAN R 8c JUSTINA M 3451 GENTLE KNOLL ST CARLSBAD, CA 92010 1381 213-292-26-00 RONCHETTI PETER F 8c ELISABETH F 1935 MARCASITE PL CARLSBAD, CA 92009 1899 168-341-08-14 RONEY GUY J IV 5134DELANEYCT CARLSBAD, CA 92008 1737 168-331-55-00 RONEY GUY J IV 8c SILVIA 3420 PLEASANT VALE DR CARLSBAD, CA 92010 778 213-230-08-00 ROPER ROLAND L 8c CINDY 2449 LAPIS RD CARLSBAD, CA 92009 268 213-150-20-00 ROSE BUD HOLDINGS LLC 2711 BRESSI RANCH WAY CARLSBAD, CA 92009 353 213-160-10-00 ROSE DUANE L 11 LALINDA DR LONG BEACH, CA 90807 890 213-241-04-00 ROSEMEYER FAMILY REVOCABLE TRUST 10-24-0 2260 CARNELIAN CT CARLSBAD, CA 92009 547 213-181-23-00 ROSS DAVID M 2715 ASCOT AVE CARLSBAD, CA 92009 655 213-202-17-00 ROSS JAY S 8c RENEE REVOCABLE TRUST 2260 IVORY PL CARLSBAD, CA 92009 1157 213-271-25-00 ROSS LORETTA 6634 TITANITE PL CARLSBAD, CA 92009 916 213-242-03-00 ROSS RANDAL J 8c BERRESSE ANITA 6915 GOLDSTONE RD CARLSBAD, CA 92009 638 213-201-21-00 ROSSITER JASON 8c STEPHANIE FAMILY TRUST 6846 TANZANITE DR CARLSBAD, CA 92009 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carisbad City of Carlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER 1213 213-280-28-00 ROTH RICHARD B 8c ANNE M 908 213-241 -22-00 ROTSHECK LEE A 8c MICHELLE G 851 213-233-29-00 ROWAN FAMILY TRUST 03-30-90 712 213-220-17-00 ROY BRAD 8c LORI FAMILY TRUST 08-31-11 68 213-112-57-01 ROY RICHARD D 810 213-232-04-00 ROYKO PAUL C 8c VU DIANA 1201 213-280-16-00 RUSH FAMILY TRUST 06-12-96 1054 213-262-12-04 RUSHALL 8c MCGEEVER FAMILY L P 527 213-181-03-00 RUSHING PATRICK G 8c JAMI R 478 213-171 -15-00 RUSSELL FAMILY TRUST 08-23-02 984 213-250-03-00 RYAN FAMILY TRUST 02-11-05 160 213-140-07-00 RYAN THOMAS 8c CHARLENE 663 213-210-04-00 RYDER LEONARD G 8c KOZEN-RYDER KAREN B 1341 213-291-21-00 RYDER SCOTT M JR 8c LISA M 1447 168-041-13-09 S DAVID INC 1843 168-341-06-09 SAADY PATRICIA D 419 213-170-07-00 SADRI SAEED 8c TOLOUE SAMIRA 854 213-240-02-00 SAGAN DAVID W 8c MELANIE G 331 213-151 -41 -00 SAHOO SANTOSH K 8c PRAMUDI MEENAKUMARI L 1775 168-340-02-04 SAINZ ERIC M 1348 213-291-28-00 SAJNANI JAIRAM 8c VINITA 1335 213-291 -15-00 SAKOFSKY DENNIS LIVING TRUST 03-10-10 & 1779 168-340-02-08 SALAZAR GABRIELA 1404 213-310-01-04 SALAZAR JUAN C 8c GIBSON TALLIE M 689 213-212-07-00 SALEHI-MOSHAEI 8c BANIANI FAMILY TRUST 08 1527 168-041-16-17 SALGUEIRO JOSEPH A REVOCABLE TRUST 12-14 1065 213-262-13-10 SALLYS CLOSET LLC 355 213-160-12-00 SALMON ANTHONY M 8c SYLVIA 216 213-141-28-00 SALTER SEAN 8c KARENNE T 1428 213-310-02-11 SAMALA DENNIS 8c DUKES-SAMALA KIMBERLEE 1279 213-290-03-00 SANDALL COLLEEN C 8c SANDALL ORVILLE C 8c 1336 213-291-16-00 SANDALL ERIN K 8c SANDALL ORVILLE C 8c PAT 1375 213-292-20-00 SANDALL ORVILLE C & PATRICIA S 742 213-221-23-00 SANDVIK GARY 8c CARIN 963 213-243-15-00 SANGEORGE RICHARD C 8c KELLY A 602 213-200-07-00 SANGSTER PAUL J 8c VALERIE J City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 ADDRESS 2330 KYANITE PL 6971 GOLDSTONE RD 6771 MALACHITE PL 6838 JADE LN 6919 TOURMALINE PL 2413 LAPIS RD 2307 KYANITE PL 6100 INNOVATION WAY J 6414 LIVE OAKS DR 6257 ARBOR ROSE DR 6391 KEENELAND DR 6239 DARTINGTON WAY 6869 AMBER LN 1971 MARCASITE PL 3830 VALLEY CENTRE DR #705 4109 KARST RD 6261 ALVERTON DR 2291 GALENA AVE 6305 GREENHAVEN DR 1049 SUNSET DR 1972 MARCASITE PL 2001 PERIDOT CT 4028 PENINSULA DR 6444 CINNABAR WAY 6943 AMBER LN 7135 BABILONIA ST 6214 TOPIARY ST 13642 CALAIS DR 2693 PARADISE RD 6412 JASPER WAY 6732 ESTRELLA DE MAR RD 6800 ESTRELLA DE MAR RD 1979 OLIVINE CT 2379 LAPIS RD 6964 AMMONITE PL 6825 CITRINE DR CITY. STATE. ZIP CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 SAN DIEGO, CA 92130 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 VISTA, CA 92081 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 DEL MAR, CA 92014 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 City of Carisbad City of Carlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN 1210 213-280-25-00 913 213-241-27-00 470 213-171-07-00 453 213-170-41-00 2011 168-353-20-00 402 213-162-24-00 1322 213-291-02-00 1443 168-041-13-05 1550 168-041-18-04 748 213-221-29-00 1515 168-041-16-05 725 213-221-05-00 342 213-151-52-00 309 213-151-19-00 41 213-112-50-01 426 213-170-14-00 1494 168-041-15-08 736 213-221-16-00 1503 168-041-15-17 1912 168-350-06-00 21 213-112-44-01 460 213-170-48-00 403 213-162-26-00 858 213-240-06-00 433 213-170-21-00 281 213-150-33-00 865 213-240-13-00 2003 168-353-12-00 1723 168-331-41-00 1337 213-291-17-00 825 213-233-03-00 1971 168-352-22-00 1037 213-261-15-09 1038 213-261-15-10 1809 168-340-03-17 882 213-240-30-00 OWNER SANTIAGO DANIEL 8c MASTER SONALI FAMILY 2 SARA TONY P SARCINELLO JAMES J 8c SHAYNE M SARGENT FAMILY TRUST 12-01-10 SARGENT GREG V 8c MILISSA A SARMIENTO ISIDRO C 8c CHARITY G SARRAM FAMILY REVOCABLE TRUST 10-20-09 SATTERLEY CLAIRE F SATTLEY PATRICK 8c JENNIFER SAUNDERS MARVIA A SAWYER TERRY D & CECILIA A SAZON THELMA SBICCA JOHN 8c JANICE M SCHAEFER FAMILY REVOCABLE LIVING TRUST 0 SCHAEFER JOHN H 8c MARCELLE A SCHAEFFER JOHN M 8c AMBER SCHAFER KIMBERLY A SCHERNER DONALD 8c ERIN L SCHILPP LIVING TRUST 07-07-09 SCHINHOFEN TIMOTHY H 8c KILEY MARY-LOU SCHMAL JEFFREY T SCHNEEWEIS TROY A 8c GINA T SCHNESE JONES FAMILY TRUST 08-03-07 SCHNIDER FAMILY TRUST 08-11-09 SCHNUR STEVEN R 8c EILEEN A SCHOLEY SEAN G 8c GEORGENE C SCHOPINSKY DOUGLAS R 8c STACY P SCHRECENGOST ROBERT 8c BETH LIVING TRUST SCHROEDER RYAN D 8c MILENA E SCHUESSLER SHAWN SCHUTZ ROBERT L 8c JOANNE M SCIBILIA STEVEN A SCREAMIN EAGLES VENTURES LLC SCREAMIN EAGLES VENTURES LLC SECTION H TRUST 10-31-08 SEELYE TROY R 8c JENNIFER A ADDRESS 2343 KYANITE PL 6951 GOLDSTONE RD 6278 TOPIARY ST 6247 LISMORE PL 3464 GENTLE KNOLL ST 4603 E ASHFORD AVE 6760 ESTRELLA DE MAR RD 3645 JETTY PT 3619 JETTY PT 2355 LAPIS RD P O BOX 2670 422 S GRAND AVE 6338 EDENDALE ST 6319 HUNTINGTON DR 6907 TOURMALINE PL 2565 DOGWOOD RD 2140 JANIS WAY 2374 LAPIS RD 3740 JETTY PT#92 3437 MOON FIELD DR 6953 BRASS PL 2572 ARUNDEL AVE 6315 MONTECITO DR 2275 GALENA AVE 2578 DOGWOOD RD 2658 PEPPERTREE WAY 2247 GALENA AVE 4654 MEADOW DR 3460 GENTLE KNOLL ST 1987 MARCASITE PL 6791 ONYX PL 3479 RICH FIELD DR 2530 GATEWAY RD 2530 GATEWAY RD 18201 OLD COACH RD 2242 AZURITE PL CITY. STATE. ZIP CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 ORANGE, CA 92867 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92018 COVINA, CA 91724 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92008 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 POWAY, CA 92064 CARLSBAD, CA 92009 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carisbad City of Carlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. STATE. ZIP 504 213-180-08-00 SEEMAN ROGER B 8c L GAYLOR R FAMILY TRUST 2731 PALMETTO DR CARLSBAD, CA 92009 1155 213-271-23-00 SEGAL JOHN 8c MARCELLA M 6642 TITANITE PL CARLSBAD, CA 92009 842 213-233-20-00 SEICHE FLORIAN 8c MICHELLE THE MEWS COTTAGE SL4 2EG ENGLAND, 161 213-140-08-00 SEIFERT MATTHEW 6235 DARTINGTON WAY CARLSBAD, CA 92009 408 213-162-31-00 SERRANO FAMILY TRUST 02-08-07 6322 ENCANTO DR CARLSBAD, CA 92009 1906 168-341-08-21 SESTITO BRIAN 8c CHERYL P 4135 KARST RD CARLSBAD, CA 92010 610 213-200-15-00 SETAYESH ROYA R 6824 CITRINE DR CARLSBAD, CA 92009 1098 213-262-14-22 SETHI GAURAV 8c SETHI GANISHA 183 CALLE MAGDALENA #101 ENCINITAS, CA 92024 1748 168-331-66-00 SEYLE MICHAEL R 8c MICHELLE M 3453 RAVINE DR CARLSBAD, CA 92010 1943 168-351-02-00 SEYOUM YOHANNES 8c BEKELE ESKEDAR 3437 RICH FIELD DR CARLSBAD, CA 92010 972 213-243-24-00 SHAFER REED M 8c KELLY R 6993 AMMONITE PL CARLSBAD, CA 92009 1333 213-291-13-00 SHAFRAN CHRISTINA M 2009 PERIDOT CT CARLSBAD, CA 92009 1692 168-331-10-00 SHAH KAUSHIKKUMAR P 8c SHRADDHABEN K 3415 PLEASANT VALE DR CARLSBAD, CA 92010 1854 168-341-06-20 SHAH SUJATA NARENDRA 4117 PENINSULA DR CARLSBAD, CA 92010 1478 168-041-14-16 SHANK BENJAMIN M 8c JENNIFER H 30 LAUKAHI ST KIHEI, HI 96753 1135 213-271-03-00 SHARAK DAVID E 8c MICHELE D N 6641 BROOKITE CT CARLSBAD, CA 92009 136 213-130-46-00 SHARIF S J ASSET PROTECTION TRUST 12-16-2583 INGLETON AVE CARLSBAD, CA 92009 1696 168-331-14-00 SHARMA RADHA M 8c NOTANI-SHARMA PREM 4731 CRATER RIM RD CARLSBAD, CA 92010 543 213-181-19-00 SHAW ANGEL REVOCABLE TRUST 08-07-07 272 PENNYSTONE CIR FRANKLIN, TN 37067 1198 213-280-13-00 SHAW RONNIE JIM-LU 8c SHAW JENNIFER 6651 HALITE PL CARLSBAD, CA 92009 1418 213-310-02-01 SHEU ROBERT G 2422 COPPER WAY CARLSBAD, CA 92009 1623 168-321-10-00 SHIH LIVING TRUST 08-30-06 3527 ROCK RIDGE RD CARLSBAD, CA 92010 455 213-170-43-00 SHIN BONG JOON 8c HUl KYONG 6255 LISMORE PL CARLSBAD, CA 92009 260 213-150-12-00 SHIPLEY PATRICK J 8c GRETCHEN M 2667 BRESSI RANCH WAY CARLSBAD, CA 92009 1314 213-290-38-00 SHLEIFER ROBERT FAMILY TRUST 06-23-03 6710 LIMONITE CT CARLSBAD, CA 92009 1433 213-310-03-02 SHORT SOLOMON 8c RACHEL 2410 TRONA WAY CARLSBAD, CA 92009 473 213-171-10-00 SHROPSHIRE SCOTT H JR LIVING TRUST 05-27 6277 ARBOR ROSE DR CARLSBAD, CA 92009 1552 168-041-18-06 SHUCK TODD N 8c TRIESTA B 3617 JETTY PT CARLSBAD, CA 92010 43 213-112-50-03 SIERS DOUGLAS J 8c STEPHANIE E 6903 TOURMALINE PL CARLSBAD, CA 92009 50 213-112-53-02 SIGALL WALTER N 8c BARBARA L TRUST 05-19-6960 FELDSPAR PL CARLSBAD, CA 92009 1718 168-331-36-00 SIGATY FAMILY TRUST 4756 CRATER RIM RD CARLSBAD, CA 92010 928 213-242-15-00 SIGISMONDO SCOTT A 8c KRISTIN C 2283 AVENTURINE PL CARLSBAD, CA 92009 275 213-150-27-00 SILVA EDGAR R 8c YOLANDA P 2686 PEPPERTREE WAY CARLSBAD, CA 92009 1879 168-341-07-18 SILVA JULIA M 3533 LANDSFORD WAY CARLSBAD, CA 92010 1978 168-352-29-00 SILVERMAN GARY 8c JULIE REVOCABLE LIVING 3465 RICH FIELD DR CARLSBAD, CA 92010 1401 213-310-01-01 SILVESTRE DINO F 8c DONNA D 6456 CINNABAR WAY CARLSBAD, CA 92009 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carlsbad City ofCarlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. STATE. ZIP 202 213-141-14-00 SIMON WENDELL S 2629 PARADISE RD CARLSBAD, CA 92009 787 213-231-04-00 SIMONS MATTHEW L 8c DAWN L 6753 VERMARINE CT CARLSBAD, CA 92009 1427 213-310-02-10 SIMONSEN KARL F 8c CHRISTINA M 6416 JASPER WAY CARLSBAD, CA 92009 1326 213-291-06-00 SIMPSON ERNEST G LIVING TRUST 10-27-99 6776 ESTRELLA DE MAR RD CARLSBAD, CA 92009 1122 213-270-08-00 SIMPSON PACIS FAMILY TRUST 12-14-11 2438 MICA RD CARLSBAD, CA 92009 1118 213-270-04-00 SIMS DAVID M 8c SHELLY L 2454 MICA RD CARLSBAD, CA 92009 1610 168-320-37-00 SINAI JOHN M 8c CAROLYN M 3769 SKYLINE RD CARLSBAD, CA 92008 1383 213-292-28-00 SINGH BIKRAMJIT 8c PRABHLEEN 1956 MARCASITE PL CARLSBAD, CA 92009 1868 168-341-07-07 SINGH DALJINDER 4089 KARST RD CARLSBAD, CA 92010 511 213-180-15-00 SINGH MANISH K 8c NEHA 2704 PALMETTO DR CARLSBAD, CA 92009 671 213-211-04-00 SINGHAL RENU LIVING TRUST 12-16-88 8c SIN 6899 AMBER LN CARLSBAD, CA 92009 760 213-221-41-00 SINGLETON JOHN R 8c Al G L 6828 KORITE PL CARLSBAD, CA 92009 1769 168-331-87-00 SIRIANI CHRISTOPHER P 8c STACEY C 3447 GENTLE KNOLL ST CARLSBAD, CA 92010 1220 213-280-35-00 SIRKIN TORY 8c AMY LIVING TRUST 6626 HALITE PL CARLSBAD, CA 92009 1208 213-280-23-00 SITARZ KENNETH J 8c VICTORIA L 2335 KYANITE PL CARLSBAD, CA 92009 938 213-242-27-00 SKIPPER DAMIEN 8c TRICIA 6887 GOLDSTONE RD CARLSBAD, CA 92009 464 213-171-01-00 SLACK KEN 8c RANDI 6254 TOPIARY ST CARLSBAD, CA 92009 751 213-221-32-00 SLASKI/SINGH 2009 TRUST 2346 LAPIS RD CARLSBAD, CA 92009 1043 213-261-16-00 SLATER PLACE L P 1800 THIBODO RD #320 VISTA, CA 92081 541 213-181-17-00 SLINEY BRIAN J 8c SAMANTHA K 2739 ASCOT AVE CARLSBAD, CA 92009 1014 213-260-02-00 SLOUGH CARLSBAD LLC P 0 BOX 847 CARLSBAD, CA 92018 1015 213-260-03-00 SLOUGH CARLSBAD LLC P 0 BOX 847 CARLSBAD, CA 92018 1016 213-260-04-00 SLOUGH CARLSBAD LLC P 0 BOX 847 CARLSBAD, CA 92018 1017 213-260-05-00 SLOUGH CARLSBAD LLC P 0 BOX 847 CARLSBAD, CA 92018 1018 213-260-06-00 SLOUGH CARLSBAD LLC P 0 BOX 847 CARLSBAD, CA 92018 1019 213-260-07-00 SLOUGH CARLSBAD LLC P 0 BOX 847 CARLSBAD, CA 92018 1020 213-260-08-00 SLOUGH CARLSBAD LLC P O BOX 847 CARLSBAD, CA 92018 1021 213-260-09-00 SLOUGH CARLSBAD LLC P 0 BOX 847 CARLSBAD, CA 92018 1046 213-262-06-00 SLOUGH CARLSBAD LLC P 0 BOX 847 CARLSBAD, CA 92018 1047 213-262-07-00 SLOUGH CARLSBAD LLC P 0 BOX 847 CARLSBAD, CA 92018 1048 213-262-08-00 SLOUGH CARLSBAD LLC P 0 BOX 847 CARLSBAD, CA 92018 1049 213-262-09-00 SLOUGH CARLSBAD LLC P 0 BOX 847 CARLSBAD, CA 92018 815 213-232-10-00 SMAYO DAVID 8c DEBRA LIVING TRUST 2424 LAPIS RD CARLSBAD, CA 92009 969 213-243-21-00 SMITH AARON T 8c HO MONIQUE Y 6988 AMMONITE PL CARLSBAD, CA 92009 1281 213-290-05-00 SMITH FAMILY TRUST 06-27-11 6740 ESTRELLA DE MAR RD CARLSBAD, CA 92009 1689 168-331-07-00 SMITH GREGORY L 8c REBECCA M 3427 PLEASANT VALE DR CARLSBAD, CA 92010 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carisbad City of Carlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. STATE. ZIP 1454 168-041-13-16 SMITH SCOTT 3650 JETTY PT CARLSBAD, CA 92010 200 213-141-12-00 SMITHERS FAMILY TRUST 05-13-98 6266 VILLAGE GREEN DR CARLSBAD, CA 92009 1653 168-321-41-00 SMITH-HALVERSON COREY 3563 FLAT ROCK ST CARLSBAD, CA 92010 926 213-242-13-00 SMOLINSKI FAMILY TRUST 02-28-08 2275 AVENTURINE PL CARLSBAD, CA 92009 1782 168-340-02-11 SMORZEWSKI GREG 8c KELLY J 5118 FROST AVE CARLSBAD, CA 92008 520 213-180-24-00 SNAVELY TAB 8c ORALYNN 2783 PALMETTO DR CARLSBAD, CA 92009 2013 168-353-22-00 SNYDER FAMILY TRUST 12-16-08 4657 MEADOW DR CARLSBAD, CA 92010 417 213-170-05-00 SNYDER RYAN 8c LYONS EMILY 6253 ALVERTON DR CARLSBAD, CA 92009 315 213-151-25-00 SO HOI-KIT TOMMY 8c TRISCIA NGUYEN 6340 GREENHAVEN DR CARLSBAD, CA 92009 555 213-181-31-00 SON JINWOO 8c YI JEE 2726 ASCOT AVE CARLSBAD, CA 92009 195 213-141-07-00 SONG HO CHEOL 8c SONG HO TAEK 8c CHOI HYE 63 ARCATA IRVINE, CA 92602 1162 213-271-30-00 SONG YOUNG 8c SUN K 6614 TITANITE PL CARLSBAD, CA 92009 7 213-112-41-01 SORENSEN MICHELLE M 6979 BRASS PL CARLSBAD, CA 92009 211 213-141-23-00 SOTO ANGELO 8c DEBORAH 2665 PARADISE RD CARLSBAD, CA 92009 1791 168-340-02-20 SOUKUP WILLIAM J JR 8c PAULAJEAN 4021 PENINSULA DR CARLSBAD, CA 92010 892 213-241-06-00 SOUTHARD 8c LOTANO REVOCABLE 2004 TRUST 0 2268 CARNELIAN CT CARLSBAD, CA 92009 960 213-243-12-00 SOUTH WORTH DAVID B 8c ADRIANA Y F 6979 BIXBITE PL CARLSBAD, CA 92009 1347 213-291-27-00 SOZINHO DAVID L 8c KRISTA S 1968 MARCASITE PL CARLSBAD, CA 92009 759 213-221-40-00 SPANN BRENT A 8c KRISTIN M 6832 KORITE PL CARLSBAD, CA 92009 1225 213-281-01-00 SPECTOR JERROLD B 8c SPEAR JILLIAN 6659 HALITE PL CARLSBAD, CA 92009 220 213-141-32-00 SPELICH ROLAND R 8c PORTIA 2709 PARADISE RD CARLSBAD, CA 92009 454 213-170-42-00 SPENCE DENNIS 6251 LISMORE PL CARLSBAD, CA 92009 437 213-170-25-00 SPENCE DENNIS 8c NATALIE M 2579 ARUNDEL AVE CARLSBAD, CA 92009 1005 213-250-24-00 SPIERING FAMILY TRUST 04-06-06 6345 KEENELAND DR CARLSBAD, CA 92009 604 213-200-09-00 SPINOS FRANK T 8c MARY 6817 CITRINE DR CARLSBAD, CA 92009 269 213-150-21-00 SPRAGG JUSTIN M 8c AMY M 2715 BRESSI RANCH WAY CARLSBAD, CA 92009 1919 168-350-13-00 SPREHN FAMILY 2008 TRUST 3442 RICH FIELD DR CARLSBAD, CA 92010 1570 168-292-30-00 SQUIRES RODNEY 3589 GORGE PL CARLSBAD, CA 92010 714 213-220-19-00 ST JOHN BARRY 6361 N CALLE DEL VENADO TUCSON, AZ 85718 633 213-201-16-00 STACK GINA M TRUST 05-13-05 12712 BRUBAKER CT SAN DIEGO, CA 92130 814 213-232-09-00 STAHL FAMILY TRUST 02-06-01 2420 LAPIS RD CARLSBAD, CA 92009 1282 213-290-06-00 STARK AARON D 8c TANYA M 6744 ESTRELLA DE MAR RD CARLSBAD, CA 92009 1568 168-280-63-00 STARK DOUGLAS K 8c LORI J 3593 GRANITE CT CARLSBAD, CA 92010 1277 213-290-01-00 STARR FRED B 8c INDRA K 6724 ESTRELLA DE MAR RD CARLSBAD, CA 92009 1998 168-353-07-00 STAVENGA MINK H 8c LISA A 3494 RICH FIELD DR CARLSBAD, CA 92010 251 213-150-03-00 STERNAGLE EDWARD 8c JEAN M 2668 GARDEN HOUSE RD CARLSBAD, CA 92009 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN 60 213-112-55-04 102 213-130-12-00 792 213-231-09-00 1509 168-041-15-23 218 213-141-30-00 1479 168-041-14-17 494 213-171-31-00 1531 168-041-16-21 1798 168-340-03-06 1750 168-331-68-00 1123 213-270-09-00 583 213-181-59-00 1571 168-292-31-00 765 213-221-46-00 1661 168-330-05-00 1576 168-320-03-00 335 213-151-45-00 1267 213-283-14-00 330 213-151-40-00 1926 168-350-20-00 1894 168-341-08-09 1835 168-341-06-01 409 213-162-32-00 1489 168-041-15-03 104 213-130-14-00 1866 168-341-07-05 424 213-170-12-00 10 213-112-41-04 1202 213-280-17-00 1110 213-263-15-00 338 213-151-48-00 764 213-221-45-00 1161 213-271-29-00 532 213-181-08-00 1242 213-282-06-00 1588 168-320-15-00 OWNER STILWELL JOHN W 8c JENNIFER E STOECKER JOHN 8c BRIDGET TRUST 10-21-10 STONEY FAMILY TRUST 03-23-07 STORELLI ROBERT J 8c WONG MABEL STORY MATTHEW J 8c SHARONE L STOTLER DUSTIN H 8c STOTLER BART 8c SUSAN STOTZ FAMILY TRUST 02-02-08 STOVER HELGA STREELMAN FAMILY TRUST 06-04-10 STREETER BRETT J STREMEL SUZANNE LIVING TRUST 08-08-11 8c STRICK BRIAN C 8c LYNETTE R STROHMINGER JOHN P 8c PHELPS LAUREN N STUPARICH MICHAEL 8c BROPHY GWENDOLYN M STURGES MICHAEL 8c JULIE SUAREZ VICTOR A 8c ANDREA W SUDWEEKS COURTNEY A & SUDWEEKS DON R 8c SUEMNICK FAMILY TRUST 03-17-05 SULEIMAN HASAN M 8c ELYOUSSEF TAMADOR M SUNG YAU-DE 8c ANNETTE R SUNLAND PROPERTY TRUST 02-09-07 SURMANIAN MICHAEL A 8c DORAN SHAUN SUSKI JOSEPH 8c JENNIFER SUTER KALEN P 8c CAMPBELL KATIE N SUTTON SHANE W 8c LE CHRISTINE A T SVEREV TAMARA SWARTZ JOAN SWEETS SHARON R SWIATLOWSKI BRUCE W 8c DEBRA J T K 8c C PROPERTIES LLC TABONE PETER W 8c TABONE-ALDER MICHELE G TAGAYUNA PASCUAL A 8c DELIA B TAI AMANDA TAJVAR LIVING TRUST 12-14-10 TAM DONALD W S 8c ANNIE 8c TAM LISA TAMRA LATA REVOCABLE LIVING TRUST 06-17- ADDRESS 1136 KING MARK DR 2562 DISCOVERY RD 6774 VERMARINE CT 4226 EMPIRE WAY 2701 PARADISE RD 3709 JETTY PT 2610 GARDEN HOUSE RD 3752 JETTY PT 4038 PENINSULA DR 3461 RAVINE DR 2434 MICA RD 6421 LIVE OAKS DR 3588 GORGE PL 2385 LARIMAR AVE 3483 PLEASANT VALE DR 3575 ROCK RIDGE RD J 6310 EDENDALE ST 6563 HALITE PL 6309 GREENHAVEN DR 3456 RICH FIELD DR 4142 KARST RD 4112 PENINSULA DR 6318 ENCANTO DR 3729 JETTY PT 2570 DISCOVERY RD 4101 KARST RD 2557 DOGWOOD RD 6969 BRASS PL 2311 KYANITE PL 9220 TRADE PL 6322 EDENDALE ST 2381 LARIMAR AVE 6618 TITANITE PL 6434 LIVE OAKS DR 2321 MICA RD 3549 ROCK RIDGE RD CITY. STATE. ZIP LEWISVILLE, TX 75056 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARMICHAEL, CA 95608 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 SAN DIEGO, CA 92126 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carisbad Reassessment District No. 2012-1 Names and Addresses of Property Owners OWNER TANG-ZHANG LIVING TRUST 12-17-05 TAO XUDONG 8c YAN LIQUN TAPPOUNI MIKE B 8c DUSTINEE D TARKA JOSEPH P REVOCABLE TRUST 07-14-05 TARSA MOHAMMAD 8c MIRSHOJAIE ZEINATOLSADA ID APN 1340 213-291-20-00 52 213-112-53-04 4 213-112-39-03 921 213-242-08-00 1966 168-352-17-00 468 213-171-05-00 1215 213-280-30-00 1228 213-281-04-00 1229 213-281-05-00 1230 213-281-06-00 1231 213-281-07-00 1232 213-281-08-00 1233 213-281-09-00 1234 213-281-10-00 1235 213-281-11-00 1236 213-281-12-00 1237 213-282-01-00 1238 213-282-02-00 1244 213-282-08-00 1245 213-282-09-00 1247 213-282-11-00 1248 213-282-12-00 1249 213-282-13-00 1250 213-282-14-00 1252 213-282-16-00 1253 213-282-17-00 1254 213-283-01-00 1255 213-283-02-00 1256 213-283-03-00 1257 213-283-04-00 1258 213-283-05-00 1259 213-283-06-00 1272 213-283-19-00 1273 213-283-20-00 1274 213-283-21-00 1275 213-283-22-00 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 TAYLOR BORIS 8c RAISA TAYLOR FAMILY TRUST 10-25-07 TAYLOR MORRISON OF CALIFORNIA L L C TAYLOR MORRISON OF CALIFORNIA L L C TAYLOR MORRISON OF CALIFORNIA L L C TAYLOR MORRISON OF CALIFORNIA L L C TAYLOR MORRISON OF CALIFORNIA L L C TAYLOR MORRISON OF CALIFORNIA L L C TAYLOR MORRISON OF CALIFORNIA L L C TAYLOR MORRISON OF CALIFORNIA L L C TAYLOR MORRISON OF CALIFORNIA L L C TAYLOR MORRISON OF CALIFORNIA L L C TAYLOR MORRISON OF CALIFORNIA L L C TAYLOR MORRISON OF CALIFORNIA L L C TAYLOR MORRISON OF CALIFORNIA L L C TAYLOR MORRISON OF CALIFORNIA L L C TAYLOR MORRISON OF CALIFORNIA L L C TAYLOR MORRISON OF CALIFORNIA L L C TAYLOR MORRISON OF CALIFORNIA L L C TAYLOR MORRISON OF CALIFORNIA L L C TAYLOR MORRISON OF CALIFORNIA L L C TAYLOR MORRISON OF CALIFORNIA L L C TAYLOR MORRISON OF CALIFORNIA L L C TAYLOR MORRISON OF CALIFORNIA L L C TAYLOR MORRISON OF CALIFORNIA L L C TAYLOR MORRISON OF CALIFORNIA L L c TAYLOR MORRISON OF CALIFORNIA L L c TAYLOR MORRISON OF CALIFORNIA L L c TAYLOR MORRISON OF CALIFORNIA L L c TAYLOR MORRISON OF CALIFORNIA L L c TAYLOR MORRISON OF CALIFORNIA L L c ADDRESS 1975 MARCASITE PL 10656 GOLDEN WILLOW #145 6972 BRASS PL 2255 AVENTURINE PL 3476 MOON FIELD DR 6270 TOPIARY ST 2322 KYANITE PL 4900 N SCOTTSDALE RD #2000 4900 N SCOTTSDALE RD #2000 4900 N SCOTTSDALE RD #2000 4900 N SCOTTSDALE RD #2000 4900 N SCOTTSDALE RD #2000 4900 N SCOTTSDALE RD #2000 4900 N SCOTTSDALE RD #2000 4900 N SCOTTSDALE RD #2000 4900 N SCOTTSDALE RD #2000 4900 N SCOTTSDALE RD #2000 4900 N SCOTTSDALE RD #2000 4900 N SCOTTSDALE RD #2000 4900 N SCOTTSDALE RD #2000 4900 N SCOTTSDALE RD #2000 4900 N SCOTTSDALE RD #2000 4900 N SCOTTSDALE RD #2000 4900 N SCOTTSDALE RD #2000 4900 N SCOTTSDALE RD #2000 4900 N SCOTTSDALE RD #2000 4900 N SCOTTSDALE RD #2000 4900 N SCOTTSDALE RD #2000 4900 N SCOTTSDALE RD #2000 4900 N SCOTTSDALE RD #2000 4900 N SCOTTSDALE RD #2000 4900 N SCOTTSDALE RD #2000 4900 N SCOTTSDALE RD #2000 4900 N SCOTTSDALE RD #2000 4900 N SCOTTSDALE RD #2000 4900 N SCOTTSDALE RD #2000 CITY. STATE. ZIP CARLSBAD, CA 92009 SAN DIEGO, CA 92130 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 SCOTTSDALE, SCOTTSDALE, SCOTTSDALE, SCOTTSDALE, SCOTTSDALE, SCOTTSDALE, SCOTTSDALE, SCOTTSDALE, SCOTTSDALE, SCOTTSDALE, SCOTTSDALE, SCOTTSDALE, SCOTTSDALE, SCOTTSDALE, SCOTTSDALE, SCOTTSDALE, SCOTTSDALE, SCOTTSDALE, SCOTTSDALE, SCOTTSDALE, SCOTTSDALE, SCOTTSDALE, SCOTTSDALE, SCOTTSDALE, SCOTTSDALE, SCOTTSDALE, SCOTTSDALE, SCOTTSDALE, SCOTTSDALE, AZ 85251 AZ 85251 AZ 85251 AZ 85251 AZ 85251 AZ 85251 AZ 85251 AZ 85251 AZ 85251 AZ 85251 AZ 85251 AZ 85251 AZ 85251 AZ 85251 AZ 85251 AZ 85251 AZ 85251 AZ 85251 AZ 85251 AZ 85251 AZ 85251 AZ 85251 AZ 85251 AZ 85251 AZ 85251 AZ 85251 AZ 85251 AZ 85251 AZ 85251 City of Carisbad City of Carlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN 1276 213-283-23-00 305 213-151-15-00 1301 213-290-25-00 1441 168-041-13-03 1803 168-340-03-11 649 213-202-11-00 808 213-232-02-00 1127 213-270-13-00 414 213-170-02-00 1436 213-310-04-01 1928 168-350-22-00 1592 168-320-19-00 1903 168-341-08-18 905 213-241-19-00 303 213-151-13-00 1219 213-280-34-00 993 213-250-12-00 1318 213-290-42-00 122 213-130-32-00 809 213-232-03-00 1446 168-041-13-08 1188 213-280-03-00 334 213-151-44-00 1069 213-262-13-14 1129 213-270-15-00 1542 168-041-17-08 788 213-231-05-00 1601 168-320-28-00 166 213-140-13-00 526 213-181-02-00 230 213-141-42-00 665 213-210-06-00 1193 213-280-08-00 1851 168-341-06-17 791 213-231-08-00 1384 213-300-01-00 OWNER TAYLOR MORRISON OF CALIFORNIA LLC TEBBETTS LEANNE E TEPERA CHRISTOPHER M 8c HEATHER M TERJUNG NANCY M TERRY JASON TERZIC MILORAD M 8c LYNETTE T TESSLER BARRY 8c BARBARA FAMILY TRUST 09- TEYSKO KENNETH S 8c PAMELA L THILL FAMILY 1986 TRUST THOMAS KENNETH 8c QUINONES DIANA P THOMAS MARCOS A 8c MICHIYO THOMAS ROGER 8c MIHRIBAN THOMAS SHARON R THOMAS STANLEY 8c ELEANOR TRUST 06-10-11 THOMPSON KARIN L THOMPSON MATT 8c ERIN THORNTON W T TRUST 08-03-07 THREAT EDWARD W 8c JESSICA S THRIDANDAM HAREESH 8c BHARATHY TIEU ANDY LIANG TIFFANY CHRISTOPHER J & TIFFANY JOHN S 8c TILLMAN FRED TIN GEORGE 8c LILLIAN REVOCABLE TRUST 03- TOKALON STREET LLC TOLES FAMILY TRUST 12-21-07 TOMEI AMANDA TOMLIN BOBBY E 8c JUDITH L B TOMLINSON FAMILY TRUST 06-20-06 TOMSEY SCOTT TONG TRUST 08-28-06 TONIDO CHARISSE B TOONE CAROL S TORABI CYRUS L 8c LOTFI ELHAM Z TORPEY JASON 8c JESSICA TORRES CARLOS A 8c TERESA Y TORREY PINES BANK ADDRESS 8105 IRVINE CENTER DR #1450 7097 HERON CIR 6741 LIMONITE CT 3653 JETTY PT 4064 PENINSULA DR 6868 CITRINE DR 2421 LAPIS RD 2413 MICA RD 6241 ALVERTON DR 6441 CINNABAR WAY 3460 RICH FIELD DR 3560 FLAT ROCK ST 4125 KARST RD POBOX 131764 6326 HUNTINGTON DR 6630 HALITE PL 2564 MUIRFIELDS DR 1952 COBALT DR 2561 DISCOVERY RD 2417 LAPIS RD 3661 JETTY PT 6611 HALITE PL 6306 EDENDALE ST 6116 INNOVATION WAY #L6 2421 MICA RD 3606 JETTY PT 6749 VERMARINE CT 3565 SAND CT 6215 DARTINGTON WAY 6410 LIVE OAKS DR 2700 BRESSI RANCH WAY PO BOX 1399 6631 HALITE PL 4104 KARST RD 6770 VERMARINE CT 12220 EL CAMINO REAL CITY. STATE. ZIP IRVINE, CA 92618 CARLSBAD, CA 92011 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92013 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92018 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 SAN DIEGO, CA 92130 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carisbad City of Carisbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS 295 213-151-05-00 TOVTIN FAMILY REVOCABLE TRUST 06-15-07 6325 HERITAGE DR 420 213-170-08-00 TRAN HOE THUY 8c NGOC-TUYET THI 6265 ALVERTON DR 942 213-242-33-00 TRAN HONG 8c TRAN JANDA 2256 TIGEREYE PL 344 213-160-01-00 TRAN HUNG T 8c FRANCES 0 6351 HUNTINGTON DR 156 213-140-03-00 TRAN MAI 6255 DARTINGTON WAY 432 213-170-20-00 TRAN MINH VAN 8c KIMLOC 8c PHAN BAN 8c TUYE 20 RIVERSIDE 343 213-151-53-00 TRAN SY THUY 8c VO CLAIRE PHUONG-CHI 6342 EDENDALE ST 1350 213-291-30-00 TRANG HUNG 8c CHEN XIAOLING 1980 MARCASITE PL 1993 168-353-02-00 TREANOR JAMES J JR 8c JANICE 3484 RICH FIELD DR 312 213-151-22-00 TREMBLE LIVING TRUST 11-18-05 6331 HUNTINGTON DR 149 213-130-59-00 TRIPPE GREGORY M 8c JOYCE E 2566 TOWN GARDEN RD 254 213-150-06-00 TROESH RYAN E 8c TROESH RICHARD E 2654 GARDEN HOUSE RD 40 213-112-49-04 TROUTMAN ROBERT M 6926 BRASS PL 977 213-243-29-00 TROVATEN FAMILY TRUST 11-01-99 6973 AMMONITE PL 9 213-112-41-03 TRUONG JENNY TU 6975 BRASS PL 1473 168-041-14-11 TRUONG VIEN VAN 8c TRAN HELENA LE 15659 PASEO MONTENERO 484 213-171-21-00 TRUPIANO SALVATORE A 8c DIANA R 2605 TOWN GARDEN RD 1749 168-331-67-00 TSANG FAMILY TRUST 02-01-08 3457 RAVINE DR 861 213-240-09-00 TSUCHIYAMA ROBIN 1710SONGLIGHT CT 1593 168-320-20-00 TUCK JOHN C 8c MACIAS CHRISTY C 3564 FLAT ROCK ST 1126 213-270-12-00 TUCKER EDWARD J 8c CHAN SERENA R 2409 MICA RD 1507 168-041-15-21 TUNG HUEI-SHENG 8c JEANNIE S 4013 BACKSHORE CT 1310 213-290-34-00 TURNER PATRICK M 8c BARBARA A 6705 LIMONITE CT 1353 213-291-33-00 TURT2 STEVEN 8c FRANCINE 1990 MARCASITE PL 509 213-180-13-00 TYLMAN MICHAEL A REVOCABLE TRUST 12-04-0 2707 PALMETTO DR 1469 168-041-14-07 TYRA CROUCH FAMILY TRUST 12-09-08 3697 JETTY PT 298 213-151-08-00 TZAVARAS PETER J & YUKA A 6337 HERITAGE DR 371 213-161-06-00 VAKILI MARCO M 8c DENISE M 6331 Dl VITA DR 1224 213-280-39-00 VANBAAR FAMILY TRUST 06-19-07 6604 HALITE PL 1158 213-271-26-00 VANCE FAMILY TRUST 11-03-06 6630 TITANITE PL 1649 168-321-37-00 VANDERBUSH ALFRED J 3526 ROCK RIDGE RD 1719 168-331-37-00 VANDUKER MICHAEL R 8c CROCKETT SUZANNE C 3444 GENTLE KNOLL ST 1516 168-041-16-06 VANDYKE JOHN L 8c MCCANDLISH BARBARA M 2000 SENDA DE ANDRES 500 213-180-04-00 VANZANDT PATRICK J 8c MEGAN A 2747 PALMETTO DR 1646 168-321-34-00 VARGAS BASILIC S 8c MARIAITA Z 3520 ROCK RIDGE RD 710 213-220-15-00 VARGAS BASILIC S 8c MARIANITA Z 3520 ROCK RIDGE RD CITY. STATE. ZIP CARLSBAD. CA 92009 CARLSBAD CARLSBAD CARLSBAD CARLSBAD IRVINE, CA CARLSBAD CARLSBAD CARLSBAD CARLSBAD CARLSBAD CARLSBAD CARLSBAD CARLSBAD CARLSBAD SAN DIEGO CARLSBAD CARLSBAD LAS VEGAS CARLSBAD CARLSBAD CARLSBAD CARLSBAD CARLSBAD CARLSBAD CARLSBAD CARLSBAD CARLSBAD CARLSBAD CARLSBAD CARLSBAD CARLSBAD SANTA FE, CARLSBAD CARLSBAD CARLSBAD CA 92009 CA 92009 CA 92009 CA 92009 92602 CA 92009 CA 92009 CA 92010 CA 92009 CA 92009 CA 92009 CA 92009 CA 92009 CA 92009 CA 92127 CA 92009 CA 92010 NV 89117 CA 92010 CA 92009 CA 92010 CA 92009 CA 92009 CA 92009 CA 92010 CA 92009 CA 92009 CA 92009 CA 92009 CA 92010 CA 92010 NM 87501 CA 92009 CA 92010 CA 92010 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carisbad Reassessment District No. 2012-1 Names and Addresses of Property Owners iD APN OWNER ADDRESS 1695 168-331-13-00 VASU BANGALORE S & SUKUNDA S 8c VASU SANJ 4729 CRATER RIM RD 1639 168-321-27-00 VELASQUEZ ERNESTO S 8c EVELYN R 3506 ROCK RIDGE RD 1055 213-262-12-05 VENTURE WALK LLC 6154 INNOVATION WAY #R 1573 168-292-33-00 VERMILLION JOSHUA S 8c BECKY B 3578 GORGE PL 648 213-202-10-00 VERSACE DANIEL J 6861 CITRINE DR 440 213-170-28-00 VIERNES FAMILY 2008 TRUST 11-23-08 2567 ARUNDEL AVE 44 213-112-50-04 VILLORIA JASON 8c LABARRE ASHLEY N 6901 TOURMALINE PL 709 213-220-14-00 VINA FAMILY TRUST 07-19-05 2348 LARIMAR AVE 820 213-232-15-00 VOLZ FAMILY TRUST 03-24-93 2444 LAPIS RD 429 213-170-17-00 VONHOFFMANN CYNTHIA A 2562 DOGWOOD RD 732 213-221-12-00 VOUDREN SHANE C 8c WITZKE KARA A REVOCABL 6822 LEUCITE PL 431 213-170-19-00 VRKLAN ROBERT J 8c CHRISTINE A 2570 DOGWOOD RD 1664 168-330-08-00 VU MINH HOA 3471 PLEASANT VALE DR 1970 168-352-21-00 VU THANH MINH 8c NGUYEN QUYNH HUONG HOANC3481 RICH FIELD DR 545 213-181-21-00 VUONG DIEP 8c TRAN THU 2723 ASCOT AVE 735 213-221-15-00 WAGNER WILLIAM 8c ROSIO 6834 LEUCITE PL 1360 213-292-05-00 WAGONER MARK D 8c ANN E 6820 ESTRELLA DE MAR R[ 1814 168-340-03-22 WALKER DANIEL 8c MARTHA 4051 PENINSULA DR 998 213-250-17-00 WALKER MICHAEL 8c SHI JING 6321 ALLSTON ST 944 213-242-35-00 WALLACE ERIC J 8c STEPHANIE L 2248 TIGEREYE PL 553 213-181-29-00 WALLACE VINCENT 8c MICHELE 2718 ASCOT AVE 1137 213-271-05-00 WALSEY DAVID 8c JENNIFER 6649 BROOKITE CT 250 213-150-02-00 WALSH WILLIAM V 8c LISA M 2672 GARDEN HOUSE RD 1706 168-331-24-00 WALTERS RENIER D 8c JENNIFER A 4751 CRATER RIM RD 970 213-243-22-00 WANG ERJIAN 8c FAN JIN 6992 AMMONITE PL 2015 168-353-24-00 WARD SAMUEL M 8c MICHELE M T 4653 MEADOW DR 824 213-233-02-00 WASHINGTON MUTUAL MORTGAGE W M A L T TRU 7255 BAYMEADOWS WAY 467 213-171-04-00 WATSON KURT 8c CANDICE S 6266 TOPIARY ST 727 213-221-07-00 WATSON TIMOTHY 8c WEST MELINDA 2380 LARIMAR AVE 1781 168-340-02-10 WAY JOSH 8c STACEY 4031 PENINSULA DR 1485 168-041-14-23 WEAVER WILLIAM H JR REVOCABLE TRUST 09-1 1506 VIA CHRISTINA 130 213-130-40-00 WEBB ROBERT L 8c CARMEN 2572 INGLETON AVE 772 213-230-02-00 WEBSTER STEVE 8c STELLA S 1426 E MARIPOSA AVE 968 213-243-20-00 WEEKLEY GREGORY W 8c TARA B 6984 AMMONITE PL 1511 168-041-16-01 WEEKS DOUG 8c CAROLE B 8c WEEKS MICHAEL H 40555 LOS ROBLES RD 1112 213-263-19-00 WEEKS GROUP LLC P 0 BOX 220 CITY. STATE. ZIP CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92010 JACKSONVILLE, FL 32256 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 VISTA, CA 92084 CARLSBAD, CA 92009 EL SEGUNDO, CA 90245 CARLSBAD, CA 92009 FALLBROOK, CA 92028 DEL MAR, CA 92014 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carisbad City of Carlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. STATE. ZIP 1113 213-263-20-00 WEEKS GROUP LLC P 0 BOX 220 DEL MAR, CA 92014 375 213-161-10-00 WEHBA STEVEN R 8c REICHERT JEANNE 6315 Dl VITADR CARLSBAD, CA 92009 501 213-180-05-00 WEHKING JOHN 8c PAMELA 2743 PALMETTO DR CARLSBAD, CA 92009 1797 168-340-03-05 WEIGLEY NASRIN 4042 PENINSULA DR CARLSBAD, CA 92010 666 213-210-07-00 WEINBERGER 1984 TRUST 07-19-84 3754 MESA LINDA DR LAS VEGAS, NV 89120 49 213-112-53-01 WEISEL RICHARD D 8c BINBIN PH208-770 BAY STREET CANADA M5G 0A6, 582 213-181-58-00 WEISS JOSEPH B 8c NANCY C 18422 CALLE LA SERRA RANCHO SANTA FE, CA 92091 120 213-130-30-00 WEISS JOSEPH H REVOCABLE TRUST 03-11-11 88 VIA CASITAS BONSALL, CA 92003 242 213-141-54-00 WEISSMAN STACY B P 0 BOX 7226 RANCHO SANTA FE, CA 92067 1688 168-331-06-00 WEITZ ELIOT 8c ALEXA 3431 PLEASANT VALE DR CARLSBAD, CA 92010 261 213-150-13-00 WELLE SCOTT F 8c JEANNIE M 2671 BRESSI RANCH WAY CARLSBAD, CA 92009 699 213-220-04-00 WELLS BRIAN F 8c HEATHER H FAMILY TRUST 1 6833 JADE LN CARLSBAD, CA 92009 1505 168-041-15-19 WELLS FARGO ASSET SECURITIES CORP 2006-3476 STATEVIEW BLVD FORT MILL, SC 29715 382 213-162-04-00 WELLS FARGO ASSET SECURITIES CORP 2006-2 3476 STATEVIEW BLVD FORT MILL, SC 29715 832 213-233-10-00 WELSH ANTHONY T 8c CARRIE L 6798 OBSIDIAN PL CARLSBAD, CA 92009 510 213-180-14-00 WENGER DENNIS 8c HELENA 2703 PALMETTO DR CARLSBAD, CA 92009 804 213-231-21-00 WEST WALLACE M 8c DEBBIE S 6781 VERMARINE CT CARLSBAD, CA 92009 1290 213-290-14-00 WETLESEN EINAR A & CYNTHIA A 6726 LIMONITE CT CARLSBAD, CA 92009 1421 213-310-02-04 WETTENGEL ALLYSON M 2410 COPPER WAY CARLSBAD, CA 92009 822 213-232-18-00 WHALEN CHRISTOPHER M 8c ERIN E 2416 LAPIS RD CARLSBAD, CA 92009 1663 168-330-07-00 WHEATCROFT GEORGE C 3475 PLEASANT VALE DR CARLSBAD, CA 92010 855 213-240-03-00 WHEATLEY WILLIAM 8c CHERIE 14661 FRANKLIN AVE TUSTIN, CA 92780 1480 168-041-14-18 WHELAN KEVIN T 8c KRISTIN M REVOCABLE TRU 3713 JETTY PT CARLSBAD, CA 92010 326 213-151-36-00 WHITE CHERYL 6325 GREENHAVEN DR CARLSBAD, CA 92009 1435 213-310-03-04 WHITE DAVID C 2402 TRONA WAY CARLSBAD, CA 92009 658 213-202-20-00 WHITE FAMILY TRUST 01-18-00 2248 IVORY PL CARLSBAD, CA 92009 388 213-162-10-00 WHITE RYAN 8c KEIR AMY 2689 ECHO AVE CARLSBAD, CA 92009 12 213-112-42-01 WHITING ALAN L 8c KIMBERLEE A 6989 BRASS PL CARLSBAD, CA 92009 1091 213-262-14-15 WHITMORE MARTIN J SEPARATE PROPERTY 2006 6188 INNOVATION WAY CARLSBAD, CA 92009 771 213-230-01-00 WHITNEY ANTHONY M 8c JENNIFER L 6773 OBSIDIAN PL CARLSBAD, CA 92009 221 213-141-33-00 WIBERG RODNEY W 8c EVELINE C 2713 PARADISE RD CARLSBAD, CA 92009 1365 213-292-10-00 WICKERS TIMOTHY K 8c LESLIE S 6840 ESTRELLA DE MAR RD CARLSBAD, CA 92009 499 213-180-03-00 WIEDNER LORI L 2751 PALMETTO DR CARLSBAD, CA 92009 324 213-151-34-00 WIEGAND WENDYSUE REVOCABLE TRUST 07-14-9 6333 GREENHAVEN DR CARLSBAD, CA 92009 1594 168-320-21-00 WIERENGA ELEANOR FAMILY TRUST 08-13-03 3568 FLAT ROCK ST CARLSBAD, CA 92010 1778 168-340-02-07 WIETHOLTER GREG 4026 PENINSULA DR CARLSBAD, CA 92010 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN 421 213-170-09-00 1287 213-290-11-00 1804 168-340-03-12 1370 213-292-15-00 1134 213-271-02-00 1142 213-271-10-00 1144 213-271-12-00 1146 213-271-14-00 1149 213-271-17-00 1169 213-272-06-00 1170 213-272-07-00 1171 213-272-08-00 1172 213-272-09-00 1173 213-272-10-00 1174 213-272-11-00 1175 213-272-12-00 1176 213-272-13-00 1177 213-272-14-00 1178 213-272-15-00 1179 213-272-16-00 1180 213-272-17-00 1181 213-272-18-00 1182 213-272-19-00 1183 213-272-20-00 1184 213-272-21-00 1185 213-272-22-00 285 213-150-37-00 1908 168-350-02-00 830 213-233-08-00 1367 213-292-12-00 1374 213-292-19-00 749 213-221-30-00 1872 168-341-07-11 284 213-150-36-00 1319 213-290-43-00 896 213-241-10-00 OWNER WILDT STEPHEN F JR 8c KAREN Q WILEY FAMILY TRUST 05-11-06 WILKIE ADAM S WILLETT DALLAS 8c KIRA WILLIAM LYON HOMES INC WILLIAM LYON HOMES INC WILLIAM LYON HOMES INC WILLIAM LYON HOMES INC WILLIAM LYON HOMES INC WILLIAM LYON HOMES INC WILLIAM LYON HOMES INC WILLIAM LYON HOMES INC WILLIAM LYON HOMES INC WILLIAM LYON HOMES INC WILLIAM LYON HOMES INC WILLIAM LYON HOMES INC WILLIAM LYON HOMES INC WILLIAM LYON HOMES INC WILLIAM LYON HOMES INC WILLIAM LYON HOMES INC WILLIAM LYON HOMES INC WILLIAM LYON HOMES INC WILLIAM LYON HOMES INC WILLIAM LYON HOMES INC WILLIAM LYON HOMES INC WILLIAM LYON HOMES INC WILLIAM R CUNNINGHAM INVESTMENTS INC WILLIAMS JERRY D 8c TOMI A WILLIAMS KEVIN & TERRY REVOCABLE TRUST 0 WILLIAMS MARK N 8c MICHELLE K WILLIAMS MATTHEW P 8c ANDREA M WILLIAMS MICHAEL J 8c KARA L WILLIAMS OWEN L WILLIAMS VICTORIA L TRUST 06-02-07 8c HIB WILSON BRYAN D 8c CHERIE WILSON CHARLES W III 8c KRISTINA E ADDRESS 6269 ALVERTON DR 1945 COBALT DR 4060 PENINSULA DR 1999 OLIVINE CT 4490 VON KARMAN AVE 4490 VON KARMAN AVE 4490 VON KARMAN AVE 4490 VON KARMAN AVE 4490 VON KARMAN AVE 4490 VON KARMAN AVE 4490 VON KARMAN AVE 4490 VON KARMAN AVE 4490 VON KARMAN AVE 4490 VON KARMAN AVE 4490 VON KARMAN AVE 4490 VON KARMAN AVE 4490 VON KARMAN AVE 4490 VON KARMAN AVE 4490 VON KARMAN AVE 4490 VON KARMAN AVE 4490 VON KARMAN AVE 4490 VON KARMAN AVE 4490 VON KARMAN AVE 4490 VON KARMAN AVE 4490 VON KARMAN AVE 4490 VON KARMAN AVE 2642 PEPPERTREE WAY 3453 MOON FIELD DR 6790 OBSIDIAN PL 6848 ESTRELLA DE MAR RD 1983 OLIVINE CT 2354 LAPIS RD 4068 KARST RD 17VILLE FRANCHE 1956 COBALT DR 2273 CARNELIAN CT CITY. STATE. ZIP CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 NEWPORT BEACH, CA 92660 NEWPORT BEACH, CA 92660 NEWPORT BEACH, CA 92660 NEWPORT BEACH, CA 92660 NEWPORT BEACH, CA 92660 NEWPORT BEACH, CA 92660 NEWPORT BEACH, CA 92660 NEWPORT BEACH, CA 92660 NEWPORT BEACH, CA 92660 NEWPORT BEACH, CA 92660 NEWPORT BEACH, CA 92660 NEWPORT BEACH, CA 92660 NEWPORT BEACH, CA 92660 NEWPORT BEACH, CA 92660 NEWPORT BEACH, CA 92660 NEWPORT BEACH, CA 92660 NEWPORT BEACH, CA 92660 NEWPORT BEACH, CA 92660 NEWPORT BEACH, CA 92660 NEWPORT BEACH, CA 92660 NEWPORT BEACH, CA 92660 NEWPORT BEACH, CA 92660 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 DANA POINT, CA 92629 CARLSBAD, CA 92009 CARLSBAD, CA 92009 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN 1414 213-310-01-14 951 213-243-03-00 1559 168-280-54-00 1286 213-290-10-00 1470 168-041-14-08 272 213-150-24-00 1733 168-331-51-00 1490 168-041-15-04 1329 213-291-09-00 1195 213-280-10-00 829 213-233-07-00 1744 168-331-62-00 1455 168-041-13-17 1525 168-041-16-15 797 213-231-14-00 1331 213-291-11-00 1783 168-340-02-12 598 213-200-03-00 1856 168-341-06-22 1842 168-341-06-08 1772 168-340-02-01 189 213-141-01-00 859 213-240-07-00 1453 168-041-13-15 1167 213-272-04-00 690 213-212-08-00 936 213-242-25-00 479 213-171-16-00 606 213-200-11-00 1439 168-041-13-01 698 213-220-03-00 1262 213-283-09-00 263 213-150-15-00 286 213-150-38-00 1896 168-341-08-11 1529 168-041-16-19 OWNER WILSON FAMILY REVOCABLE LIVING TRUST 08- WILSON RALPH A 8c CHERYL B WINFIELD KENNETH S 8c KAREN E WINFREY LARRY J 8c KATHLEEN A WING RYAN C 8c KANDYCE L WINKENHOFER WILLARD E III 8c KARA L WINTER DAVID 8c DELOE KATHLEEN D WINTER FAMILY TRUST 07-02-04 WISE GARY G WITHERS FAMILY TRUST 03-01-01 WITKOWSKI FAMILY TRUST 08-12-94 WOLF RICHARD D 8c KIM M WOLFF ERIC L WONG GARY 8c QUACH CUC WONG LAWRENCE D 8c JEAN L WONG TIMOTHY 8c KANG MARISELA WONG WALTER WOO SUNG-KYUN 8c YUOK K WOOD BRANDON L 8c WOOD DONALD WOOD LISA WOOD THOMAS V WORSTER LARRY R 8c DENISE M WORTHINGTON SCOTT M 8c TERRY F WRATHALL LAURENCE R 8c CINA CHERYL L WRIGHT CURTIS F 8c KERRY L WUJEK PETER M 8c SEIDENGLANZ ELISSA WYCOFF GENE K XAVIER CHRISTY 8c MELISSA XU YUANKE 8c CAROLINE XU-ZHENG LIVING TRUST 11-30-07 YAGHMAI REZA FAMILY TRUST 03-11-02 YANG DEBRA A 8c YETTER CAROL L LIVING TRU YANG FAMILY TRUST 05-20-11 YANG JAE YOUNG 8c KYUNG J KATE YANG NANCY C 8c YANG DEBRA A YATES JEFFREY B ADDRESS 2413 COPPER WAY 2325 GALENA AVE 3570 GRANITE CT 1949 COBALT DR 3695 JETTY PT 2698 PEPPERTREE WAY 3436 PLEASANT VALE DR 1882 LASSEN AVE 6788 ESTRELLA DE MAR RD 6639 HALITE PL 6786 OBSIDIAN PL 3437 RAVINE DR 290 VIA TAVIRA 4018 BACKSHORE CT 6794 VERMARINE CT 2004 PERIDOT CT 4029 PENINSULA DR 8135 N RIVER RD 4101 PENINSULA DR 4113 KARST RD 2315 VIA SANTOS #K 6249 COTTAGE DR 2271 GALENA AVE 3640 JETTY PT 6683 TITANITE PL 6947 AMBER LN 6895 GOLDSTONE RD 6253 ARBOR ROSE DR 6840 CITRINE DR 3379 WATERFORD DR 6837 JADE LN 6566 HALITE PL 2691 BRESSI RANCH WAY 2638 PEPPERTREE WAY 4152 KARST RD 171 SOMERVELLE ST #304 CITY. STATE. ZIP CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CLAREMONT, CA 91711 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 ENCINITAS, CA 92024 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 RIVER HILLS, WI 53217 CARLSBAD, CA 92010 CARLSBAD, CA 92010 CARLSBAD, CA 92008 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 OCEANSIDE, CA 92056 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 ALEXANDRIA, VA 22304 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carisbad City of Carlsbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN 738 213-221-18-00 1522 168-041-16-12 668 213-211-01-00 1626 168-321-13-00 1295 213-290-19-00 719 213-220-24-00 1669 168-330-13-00 693 213-212-11-00 1189 213-280-04-00 1564 168-280-59-00 1296 213-290-20-00 110 213-130-20-00 1949 168-351-08-00 1156 213-271-24-00 1153 213-271-21-00 1166 213-272-03-00 154 213-140-01-00 1351 213-291-31-00 1119 213-270-05-00 119 213-130-29-00 872 213-240-20-00 215 213-141-27-00 1927 168-350-21-00 1251 213-282-15-00 232 213-141-44-00 513 213-180-17-00 1682 168-330-26-00 1606 168-320-33-00 549 213-181-25-00 6 213-112-39-05 1362 213-292-07-00 1432 213-310-03-01 1504 168-041-15-18 599 213-200-04-00 145 213-130-55-00 680 213-211-13-00 OWNER YEGHIAYAN FLEUR YEN CHEN-LAN YEO ANNIE YERMIAN ELENA YEUNG PETER H C 8c TSAO Jl WEN YEVILOV FAMILY TRUST 12-20-10 YOON YOUNG SOO 8c PARK SOO JEONG YORGASON JAMES K 8c KAREN YORK PETER M 8c MERLENE K YOSHIMOTO WILLIAM M 8c JOY R 2005 TRUST 1 YOUNG JASON D 8c ALISHA N YOUNG JOHN M 8c CAROL A YOUNGER RICHARD W 8c TRACY M YU LEI 8c BAO DINGJIU YU WEI YULE BRIAN M ZAGALA FAMILY TRUST 06-01-98 ZAINO ROBERT 8c BARBARA ZAMARRIPA MIGUEL A 8c VIGIL-ZAMARRIPA BAR ZAMOFF JAMIE B 8c CHRISTINA H ZANGANEH ALI H ZANIBONI LINDA J TRUST 01-19-09 ZAR HAMID 8c SU-HUEI ZARDO BIANCA F ZAYER JAHANGEER M 8c JENNIFER L ZENG JIANBO 8c JIN AIJUN ZENGER DENNIS P REVOCABLE LIVING TRUST 0 ZEPEDA PAUL F G 8c GUTIERREZ DIANE A W ZERBONI ADINA I ZGRAGEN R 8c S FAMILY TRUST 8c ZGRAGEN ZAC ZHENG JIANHUA 8c SHI XIAOGUANG ZHU ZHIMIN 8c WENG JIAN HUl ZIC RONALD A & LINDA E ZIEGLER DALE L 8c BETTY J FAMILY TRUST 07 ZIELASEK JOERG G 8c SABINE ZIELINSKI HENRY P 8c DIONNE K ADDRESS 2102 COLINA DEL ARCO IRIS 4014 BACKSHORE CT P O BOX 130032 3521 ROCK RIDGE RD 6746 LIMONITE CT 6810 JADE LN 102 SK-VIEWAPT 6946 AMBER LN 6615 HALITE PL 1863 AVENIDA APRENDA 6750 LIMONITE CT 6210 TOPIARY ST 3436 RICH FIELD DR 6638 TITANITE PL 6650 TITANITE PL 6679 TITANITE PL 10806 CUSHDONAVE 1984 MARCASITE PL 2450 MICA RD 2573 DISCOVERY RD 2202 AZURITE PL 2681 PARADISE RD 3458 RICH FIELD DR 2357 MICA RD 2692 BRESSI RANCH WAY 2712 PALMETTO DR 3870 NWVARDON PL 3554 SAND CT 2707 ASCOT AVE 38 BARBRAS CT 6828 ESTRELLA DE MAR RD 2414 TRONA WAY 11427EPINON DR POBOX 1565 2647 GATEWAY RD #105-5 6894 AMBER LN CITY. STATE. ZIP SAN CLEMENTE, CA 92673 CARLSBAD, CA 92010 CARLSBAD, CA 92013 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 KOREA, CARLSBAD, CA 92009 CARLSBAD, CA 92009 RCH PALOS VRD, CA 90275 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 LOS ANGELES, CA 90064 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92010 CARLSBAD, CA 92009 CARLSBAD, CA 92009 CARLSBAD, CA 92009 PORTLAND, OR 97229 CARLSBAD, CA 92010 CARLSBAD, CA 92009 HOLLISTER, CA 95023 CARLSBAD, CA 92009 CARLSBAD, CA 92009 SCOTTSDALE, AZ 85262 RANCHO SANTA FE, CA 92067 CARLSBAD, CA 92009 CARLSBAD, CA 92009 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 City of Carlsbad City of Carisbad Reassessment District No. 2012-1 Names and Addresses of Property Owners ID APN OWNER ADDRESS CITY. STATE. ZIP 1882 168-341-07-21 ZINGREBE CHRISTOPHER M 4094 KARST RD CARLSBAD, CA 92010 739 213-221-19-00 ZIRING PHILIP R & PHYLLIS REVOCABLE TRUS 2386 LAPIS RD CARLSBAD, CA 92009 1391 213-300-08-00 ZMACK LLC 1868 CREST DR ENCINITAS, CA 92024 74 213-112-58-03 ZONIS JULIO 8c PERLA F 6930 TOURMALINE PL CARLSBAD, CA 92009 City of Carisbad Reassessment District No. 2012-1 - City of Carisbad Prepared by NBS - December 4, 2012 METHOD OF REASSESSMENT Each reassessment has been computed as a proration of the existing individual assessments to the total existing assessment. City of Carlsbad Reassessment District No. 2012-1 Reassessment Report 10 Prepared by NBS - December 4, 2012 MAXIMUM ANNUAL ADMINISTRATIVE ASSESSMENT Pursuant to subparagraph (f) of Section 10204 of the Streets and Highways Code, an annual administrative assessment shall be levied upon each of the several subdivisions of land in the reassessment district to pay costs incurred by the City and not othenA/ise reimbursed which result from the administration and collection of reassessments or from the administration or registration of any associated bonds and reserve or other related funds. The maximum annual administrative assessment shall not exceed 5% percent of the annual reassessment per individual assessment parcel per year. The annual administrative assessment, as set forth above, is separate from and is in addition to the amounts collected and added to each annual installment pursuant to Sections 8682 and 8682.1 of the California Streets and Highways Code, and is further separate from and in addition to specific fees payable to the City in connection with (a) prepayments of reassessments by property owners, (b) apportionments of reassessments to reflect divisions of parcels and (c) late charges and penalties which become payable in the event of delinquency in the payment of reassessment installments by December 10 and Apnl 10 each year. City of Cartsbad Reassessment District No. 2012-1 Reassessment Report 11 Prepared by NBS - December 4, 2012 CERTIFICATIONS 1. I, the City Clerk of the City of Cartsbad, hereby certify that the foregoing Reassessment with the Reassessment Diagram thereto attached, was filed with me on , 2012. City Clerk I, the City Clerk of the City of Cartsbad, hereby certify that the Reassessments set forth in the Reassessment Roll above, with the Reassessment Diagram attached, were approved and confirmed by the City Council of said City on . City Clerk I, the Supenntendent of Streets of the City of Cartsbad, San Diego County, California, hereby certify that this Reassessment, together with the Reassessment Diagram thereto attached, was recorded in my office on . Supenntendent of Streets 4. A Notice of Reassessment was recorded and the Reassessment Diagram was filed in the Office of the County Recorder of San Diego, California, on . City Clerk City of Carisbad Reassessment District No. 2012-1 Reassessment Report 12 Prepared by NBS - December 4, 2012 REASSESSMENT DIAGRAM The Reassessment Diagram was recorded in Book of Maps of Assessment and Community Facilities Distncts at Page in the office of the County Recorder of the County of San Diego on , Instrument No. City of Carisbad Reassessment District No. 2012-1 Reassessment Report 13 Prepared by NBS - December 4, 2012 REASSESSMENT DIAGRAM CITY OF CARLSBAD REASSESSMENT DISTRICT NO. 2012-1 CITY OF CARLSBAD COUNTY OF SAN DIEGO STATE OF CALIFORNIA FILED IN THE OFFICE OF THE CITY CLERK, CITY OF CARLSBAD, THIS _ CITY CLERK CITY OF CARLSBAD COUNTY OF SAN DIEGO STATE OF CALIFORNIA REASSESSMENTS WERE LEVIED BY THE CITY COUNCIL OF THE CITY OF CARLSBAD ON THE LOTS, PIECES AND PARCELS OF LAND SHOWN ON THIS REASSESSMENT DIAGRAM. SAID REASSESSMENTS WERE LEVIED ON THE DAY OF J , 20_, AND THE REASSESSMENT DIAGRAM AND THE REASSESSMENT CITY CLERK CITY OF CARLSBAD COUNTY OF SAN DIEGO STATE OF CALIFORNIA FILED IN THE OFFICE OF THE SUPERINTENDENT OF STREETS THIS _ SUPERINTENDENT OF STREETS CITY OF CARLSBAD COUNTY OF SAN DIEGO STATE OF CALIFORNIA , AT THE HOUR OF DOCUMENT / INSTRUMENT NO. _ RECORDER NOTES: 1. THIS REASSESSMENT DIAGRAM SUPERSEDES THE ASSESSMENTS SHOWN ON THE FOLLOWING: ASSESSMENT DISTRICT NO. 200241 (POINSETTIA LANE EAST), CITY OF CARLSBAD, COUNTY OF SAN DIEGO, STATE OF CAUFORNIA, WHICH WAS RECORDED THE tTH DAY OF MAY, 2004, IN BOOK JS AT PAGE 17, OF MAPS OF ASSESSMENT AND COMMUNITY FACIUTIES DISTRICTS IN THE OFFICE OF THE COUNTY RECORDER OF THE COUNTY OF SAN DIEGO, STATE OF CALIFORNIA. DOCUMENT NO. 20044>404S03. ASSESSMENT DISTRKZT NO. 200J4I1 (COLLEGE BOULEVARD AND CANNON ROAD EAST), BENEFIT AREA NO. 1 (CALAVERAS HILLS II) CITY OF CARLSBAD, COUNTY OF SAN DIEOO, STATE OF CALIFORNIA, WHICH WAS RECORDED THE 17TH DAY OF SEPTEMBER, 200], IN BOOK 37 AT PAGE «l, OF MAPS OF ASSESSMENT AND COMMUNITY FACILITIES DISTRKTS IN THE OFFICE OF THE COUNTY RECORDER OF THE COUNTY OF SAN DIEGO, STATE OF CALIFORNIA. DOCUMENT NO. 2003-1140312. ONES Legend Reassessment Parcels REASSESSMENT DIAGRAM CITY OF CARLSBAD REASSESSMENT DISTRICT NO. 2012-1 CITY OF CARLSBAD COUNTY OF SAN DIEGO STATE OF CALIFORNIA ONES \ \ H / Legend ^^^B Reassessment Parcels REASSESSMENT DIAGRAM CITY OF CARLSBAD REASSESSMENT DISTRICT NO. 2012-1 \ \ \ / / / - / ONES CITY OF CARLSBAD COUNTY OF SAN DIEGO STATE OF CALIFORNIA 0 0.015 0.03 0.06 0.09 0.12 \ Miles Legend Reassessment Parcels REASSESSMENT DIAGRAM CITY OF CARLSBAD REASSESSMENT DISTRICT NO. 2012-1 CITY OF CARLSBAD COUNTY OF SAN DIEGO STATE OF CALIFORNIA ONES 0 0.0225 0.045 0.09 0.135 Legend Reassessment Parcels REASSESSMENT DIAGRAM CITY OF CARLSBAD REASSESSMENT DISTRICT NO. 2012-1 CITY OF CARLSBAD COUNTY OF SAN DIEGO STATE OF CALIFORNIA ONES Legend Reassessment Parcels REASSESSMENT DIAGRAM CITY OF CARLSBAD REASSESSMENT DISTRICT NO. 2012-1 CITY OF CARLSBAD COUNTY OF SAN DIEGO STATE OF CALIFORNIA ONES Legend Reassessment Parcels REASSESSMENT DIAGRAM CITY OF CARLSBAD REASSESSMENT DISTRICT NO. 2012-1 CITY OF CARLSBAD COUNTY OF SAN DIEGO STATE OF CALIFORNIA ONES Legend Reassessment Parcels REASSESSMENT DIAGRAM CITY OF CARLSBAD REASSESSMENT DISTRICT NO. 2012-1 ONES CITY OF CARLSBAD COUNTY OF SAN DIEGO STATE OF CALIFORNIA Legend Reassessment Parcels REASSESSMENT DIAGRAM CITY OF CARLSBAD REASSESSMENT DISTRICT NO. 2012-1 CITY OF CARLSBAD COUNTY OF SAN DIEGO STATE OF CALIFORNIA I \ ONES Legend Reassessment Parcels REASSESSMENT DIAGRAM CITY OF CARLSBAD REASSESSMENT DISTRICT NO. 2012-1 CITY OF CARLSBAD COUNTY OF SAN DIEGO STATE OF CALIFORNIA Legend Reassessment Parcels REASSESSMENT DIAGRAM CITY OF CARLSBAD REASSESSMENT DISTRICT NO. 2012-1 CITY OF CARLSBAD COUNTY OF SAN DIEGO STATE OF CALIFORNIA ONES Legend Reassessment Parcels REASSESSMENT DIAGRAM CITY OF CARLSBAD REASSESSMENT DISTRICT 2012-1 CITY OF CARLSBAD COUNTY OF SAN DIEGO STATE OF CALIFORNIA assessment Reassessment Reassessment Reassessment Reassessment Reassessment Reassessment Reassessment lumber APN Number APN Number APN Number APN Number APN Number APN Number APN N umber APN 1 213-110-01-00 51 213-112-53-03 101 213-130-11-00 151 213-130-61-00 201 213-141-13-00 251 213-150-03-00 301 213-151-11-00 351 213-160-08-00 2 213-112-39-01 52 213-112-53-04 . 102 213-130-12-00 152 213-130-62-00 202 213-141-14-00 252 213-150-04-00 302 213-151-12-00 352 213-160-09-00 3 213-112-39-02 53 213-112-54-01 103 213-130-13-00 153 213-130-63-00 203 213-141-15-00 253 213-150-05-00 303 213-151-13-00 353 213-160-10-00 4 213-112-39-03 54 213-112-54-02 104 213-130-14-00 154 213-140-01-00 204 213-141-16-00 254 213-150-06-00 304 213-151-14-00 354 213-160-11-00 5 213-112-39-04 55 213-112-54-03 105 213-130-15-00 155 213-140-02-00 205 213-141-17-00 255 213-150-07-00 305 213-151-15-00 355 213-160-12-00 6 213-112-39-05 56 213-112-54-04 106 213-130-16-00 156 213-140-03-00 206 213-141-18-00 256 213-150-08-00 306 213-151-16-00 356 213-160-13-00 7 213-112-41-01 57 213-112-55-01 107 213-130-17-00 157 213-140-04-00 207 213-141-19-00 257 213-150-09-00 307 213-151-17-00 357 213-160-14-00 8 213-112-41-02 58 213-112-55-02 108 213-130-18-00 158 213-140-05-00 208 213-141-20-00 258 213-150-10-00 308 213-151-18-00 358 213-160-15-00 9 10 213-112-41-03 59 213-112-55-03 109 213-130-19-00 159 213-140-06-00 209 213-141-21-00 259 213-150-11-00 309 213-151-19-00 359 213-160-16-00 9 10 213-112-41-04 60 213-112-55-04 110 213-130-20-00 160 213-140-07-00 210 213-141-22-00 260 213-150-12-00 310 213-151-20-00 360 213-160-17-00 11 213-112-41-05 61 213-112-56-01 111 213-130-21-00 161 213-140-08-00 211 213-141-23-00 261 213-150-13-00 311 213-151-21-00 361 213-160-18-00 12 213-112-42-01 62 213-112-56-02 112 213-130-22-00 162 213-140-09-00 212 213-141-24-00 262 213-150-14-00 312 213-151-22-00 362 213-160-19-00 13 213-112-42-02 63 213-112-56-03 113 213-130-23-00 163 213-140-10-00 213 213-141-25-00 263 213-150-15-00 313 213-151-23-00 363 213-160-20-00 14 213-112-42-03 64 213-112-56-04 114 213-130-24-00 164 213-140-11-00 214 213-141-26-00 264 213-150-16-00 314 213-151-24-00 364 213-160-21-00 15 213-112-43-01 65 213^112-56-05 115 213-130-25-00 165 213-140-12-00 215 213-141-27-00 265 213-150-17-00 315 213-151-25-00 365 213-160-22-00 16 213-112-43-02 66 213-112-56-06 116 213-130-26-00 166 213-140-13-00 216 213-141-28-00 266 213-150-18-00 316 213-151-26-00 366 213-161-01-00 17 213-112-43-03 67 213-112-56-07 117 213-130-27-00 167 213-140-14-00 217 213-141-29-00 267 213-150-19-00 317 213-151-27-00 367 213-161-02-00 18 213-112-43-04 68 213-112-57-01 118 213-130-28-00 168 213-140-15-00 218 213-141-30-00 268 213-150-20-00 318 213-151-28-00 368 213-161-03-00 19 213-112-43-05 69 213-112-57-02 119 213-130-29-00 169 213-140-16-00 219 213-141-31-00 269 213-150-21-00 319 213-151-29-00 369 213-161-04-00 20 213-112-43-06 70 213-112-57-03 120 213-130-30-00 170 213-140-17-00 220 213-141-32-00 270 213-150-22-00 320 213-151-30-00 370 213-161-05-00 21 213-112-44-01 71 213-112-57-04 121 213-130-31-00 171 213-140-18-00 221 213-141-33-00 271 213-150-23-00 321 213-151-31-00 371 213-161-06-00 22 213-112-44-02 72 213-112-58-01 122 213-130-32-00 172 213-140-19-00 222 213-141-34-00 272 213-150-24-00 322 213-151-32-00 372 213-161-07-00 23 213-112-44-04 73 213-112-58-02 123 213-130-33-00 173 213-140-20-00 223 213-141-35-00 273 213-150-25-00 323 213-151-33-00 373 213-161-08-00 24 213-112-44-05 74 213-112-58-03 124 213-130-34-00 174 213-140-21-00 224 213-141-36-00 274 213-150-26-00 324 213-151-34-00 374 213-161-09-00 25 213-112-46-01 75 213-112-58-04 125 213-130-35-00 175 213-140-22-00 225 213-141-37-00 275 213-150-27-00 325 213-151-35-00 375 213-161-10-00 26 213-112-46-02 76 213-112-59-01 126 213-130-36-00 176 213-140-23-00 226 213-141-38-00 276 213-150-28-00 326 213-151-36-00 376 213-161-11-00 27 213-112-46-03 77 213-112-59-02 127 213-130-37-00 177 213-140-24-00 227 213-141-39-00 277 213-150-29-00 327 213-151-37-00 377 213-161-12-00 28 213-112-46-04 78 213-112-59-03 128 213-130-38-00 178 213-140-25-00 228 213-141-40-00 278 213-150-30-00 328 213-151-38-00 . 378 213-161-13-00 29 213-112-47-01 79 213-112-61-01 129 213-130-39-00 179 213-140-26-00 229 213-141-41-00 279 213-150-31-00 329 213-151-39-00 379 213-162-01-00 30 213-112-47-02 80 213-112-61-02 130 213-130-40-00 180 213-140-27-00 230 213-141-42-00 280 213-150-32-00 330 213-151-40-00 380 213-162-02-00 31 213-112-47.03 81 213-112-61-03 131 213-130-41-00 181 213-140-28-00 231 213-141-43-00 281 213-150-33-00 331 213-151-41-00 381 213-162-03-00 32 213-112-47-04 82 213-112-61-04 132 213-130-42-00 182 213-140-29-00 232 213-141-44-00 282 213-150-34-00 332 213-151-42-00 382 213-162-04-00 33 213-112-48-01 83 213-112-61-05 133 213-130-43-00 183 213-140-30-00 233 213-141-45-00 283 213-150-35-00 333 213-151-43-00 383 213-162-05-00 34 213-112-48-02 84 213-112-61-06 134 213-130-44-00 184 213-140-31-00 234 213-141-46-00 284 213-150-36-00 334 213-151-44-00 384 213-162-06-00 35 213-112-48-03 85 213-112-62-01 135 213-130-45-00 185 213-140-32-00 235 213-141-47-00 285 213-150-37-00 335 213-151-45-00 385 213-162-07-00 36 213-112-48-04 86 213-112-62-02 136 213-130-46-00 186 213-140-33-00 236 213-141-48-00 286 213-150-38-00 336 213-151-46-00 386 213-162-08-00 37 213-112-49-01 87 213-112-62-03 137 213-130-47-00 187 213-140-34-00 237 213-141-49-00 287 213-150-39-00 337 213-151-47-00 387 213-162-09-00 38 213-112-49-02 88 213-121-02-00 138 213-130-48-00 188 213-140-35-00 238 213-141-50-00 288 213-150-40-00 338 213-151-48-00 388 213-162-10-00 39 213-112-49-03 89 213-122-07-00 139 213-130-49-00 189 213-141-01-00 239 213-141-51-00 289 213-150-41-00 339 213-151-49-00 389 213-162-11-00 40 213-112-49-04 90 213-122-17-00 140 213-130-50-00 190 213-141-02-00 240 213-141-52-00 290 213-150-42-00 340 213-151-50-00 390 213-162-12-00 41 213-112-50-01 91 213-130-01-00 141 213-130-51-00 191 213-141-03-00 241 213-141-53-00 291 213-151-01-00 341 213-151-51-00 391 213-162-13-00 42 213-112-50-02 92 213-130-02-00 142 213-130-52-00 192 213-141-04-00 242 213-141-54-00 292 213-151-02-00 342 213-151-52-00 392 213-162-14-00 43 213-112-50-03 93 213-130-03-00 143 213-130-53-00 193 213-141-05-00 243 213-141-55-00 293 213-151-03-00 343 213-151-53-00 393 213-162-15-00 44 213-112-50-04 94 213-130-04-00 144 213-130-54-00 194 213-141-06-00 244 213-141-56-00 294 213-151-04-00 344 213-160-01-00 394 213-162-16-00 45 213-112-51-01 95 213-130-05-00 145 213-130-55-00 195 213-141-07-00 245 213-141-57-00 295 213-151-05-00 345 213-160-02-00 395 213-162-17-00 46 213-112-51-02 96 213-130-06-00 146 213-130-56-00 196 213-141-08-00 246 213-141-58-00 296 213-151-06-00 346 213-160-03-00 396 213-162-18-00 47 213-112-51-03 97 213-130-07-00 147 213-130-57-00 197 213-141-09-00 247 213-141-59-00 297 213-151-07-00 347 213-160-04-00 397 398 213-162-19-00 48 49 213-112-51-04 98 213-130-08-00 148 213-130-58-00 198 213-141-iO-OO 248 213-141-60-00 298 213-151-08-00 348 213-160-05-00 397 398 213-162-20-00 48 49 213-112-53-01 99 213-130-09-00 149 213-130-59-00 199 213-141-11-00 249 213-150-01-00 299 213-151-09-00 349 213-160-06-00 399 213-162-21-00 50 213-112-53-02 100 213-130-10-00 150 213-130-60-00 200 213-141-12-00 250 213-150-02-00 300 213-151-10-00 350 213-160-07-00 400 213-162-22-00 ONES REASSESSMENT DIAGRAM CITY OF CARLSBAD REASSESSMENT DISTRICT 2012-1 CITY OF CARLSBAD COUNTY OF SAN DIEGO STATE OF CALIFORNIA eassessment Reassessment Reassessment Reassessment Reassessment Reassessment Reassessment Reassessment Number APN Number APN Number APN Number APN Number APN Number APN Number APN Number APN 401 213-162-23-00 451 213-170-39-00 501 213-180-05-00 551 213-181-27-00 601 213-200-06-00 651 213-202-13-00 701 213-220-06-00 751 213-221-32-00 402 213-162-24-00 452 213-170-40-00 502 213-180-06-00 552 213-181-28-00 602 213-200-07-00 652 213-202-14-00 702 213-220-07-00 752 213-221-33-00 403 213-162-26-00 453 213-170-41-00 503 213-180-07-00 553 213-181-29-00 603 213-200-08-00 653 213-202-15-00 703 213-220-08-00 753 213-221-34-00 404 213-162-27-00 454 213-170-42-00 504 213-180-08-00 554 213-181-30-00 604 213-200-09-00 654 213-202-16-00 704 213-220-09-00 754 213-221-35-00 405 213-162-28-00 455 213-170-43-00 505 213-180-09-00 555 213-181-31-00 605 213-200-10-00 655 213-202-17-00 705 213-220-10-00 755 213-221-36-00 406 213-162-29-00 456 213-170-44-00 506 213-180-10-00 556 213-181-32-00 606 213-200-11-00 656 213-202-18-00 706 213-220-11-00 756 213-221-37-00 407 213-162-30-00 457 213-170-45-00 507 213-180-11-00 557 213-181-33-00 607 213-200-12-00 657 213-202-19-00 707 213-220-12-00 757 213-221-38-00 408 213-162-31-00 458 213-170-46-00 508 213-180-12-00 558 213-181-34-00 608 213-200-13-00 658 213-202-20-00 708 213-220-13-00 758 213-221-39-00 409 213-162-32-00 459 213-170-47-00 509 213-180-13-00 559 213-181-35-00 609 213-200-14-00 659 213-202-21-00 709 213-220-14-00 759 213-221-40-00 410 213-162-33-00 460 213-170-48-00 510 213-180-14-00 560 213-181-36-00 610 213-200-15-00 660 213-210-01-00 710 213-220-15-00 760 213-221-41-00 411 213-162-34-00 461 213-170-49-00 511 213-180-15-00 561 213-181-37-00 611 213-200-16-00 661 213-210-02-00 711 213-220-16-00 761 213-221-42-00 412 213-162-35-00 462 213-170-50-00 512 213-180-16-00 562 213-181-38-00 612 213-200-17-00 662 213-210-03-00 712 213-220-17-00 762 213-221-43-00 413 213-170-01-00 463 213-170-51-00 513 213-180-17-00 563 213-181-39-00 613 213-200-18-00 663 213-210-04-00 713 213-220-18-00 763 213-221-44-00 414 213-170-02-00 464 213-171-01-00 514 213-180-18-00 564 213-181-40-00 614 213-200-19-00 664 213-210-05-00 714 213-220-19-00 764 213-221-45-00 415 213-170-03-00 465 213-171-02-00 515 213-180-19-00 565 213-181-41-00 615 213-200-20-00 665 213-210-06-00 715 213-220-20-00 765 213-221-46-00 416 213-170-04-00 466 213-171-03-00 516 213-180-20-00 566 213-181-42-00 616 213-200-21-00 666 213-210-07-00 716 213-220-21-00 766 213-221-47-00 417 213-170-05-00 467 213-171-04-00 517 213-180-21-00 567 213-181-43-00 617 213-200-22-00 667 213-210-08-00 717 213-220-22-00 767 213-221-48-00 418 213-170-06-00 468 213-171-05-00 518 213-180-22-00 568 213-181-44-00 618 213-201-01-00 668 213-211-01-00 718 213-220-23-00 768 213-221-49-00 419 213-170-07-00 469 213-171-06-00 519 213-180-23-00 569 213-181-45-00 619 213-201-02-00 669 213-211-02-00 719 213-220-24-00 769 213-221-50-00 420 213-170-08-00 470 213-171-07-00 520 213-180-24-00 570 213-181-46-00 620 213-201-03-00 670 213-211-03-00 720 213-220-25-00 770 213-221-53-00 421 213-170-09-00 471 213-171-08-00 521 213-180-25-00 571 213-181-47-00 621 213-201-04-00 671 213-211-04-00 721 213-221-01-00 771 213-230-01-00 422 213-170-10-00 472 213-171-09-00 522 213-180-26-00 572 213-181-48-00 622 213-201-05-00 672 213-211-05-00 722 213-221-02-00 772 213-230-02-00 423 213-170-11-00 473 213-171-10-00 523 213-180-27-00 573 213-181-49-00 623 213-201-06-00 673 213-211-06-00 723 213-221-03-00 773 213-230-03-00 424 213-170-12-00 474 213-171-11-00 524 213-180-28-00 574 213-181-50-00 624 213-201-07-00 674 213-211-07-00 724 213-221-04-00 774 213-230-04-00 425 213-170-13-00 475 213-171-12-00 525 213-181-01-00 575 213-181-51-00 625 213-201-08-00 675 213-211-08-00 725 213-221-05-00 775 213-230-05-00 426 213-170-14-00 476 213-171-13-00 526 213-181-02-00 576 213-181-52-00 626 213-201-09-00 676 213-211-09-00 726 213-221-06-00 776 213-230-06-00 427 213-170-15-00 477 213-171-14-00 527 213-181-03-00 577 213-181-53-00 627 213-201-10-00 677 213-211-10-00 727 213-221-07-00 777 213-230-07-00 428 213-170-16-00 478 213-171-15-00 528 213-181-04-00 578 213-181-54-00 628 213-201-11-00 678 213-211-11-00 728 213-221-08-00 778 213-230-08-00 429 213-170-17-00 479 213-171-16-00 529 213-181-05-00 579 213-181-55-00 629 213-201-12-00 679 213-211-12-00 729 213-221-09-00 779 213-230-09-00 430 213-170-18-00 480 213-171-17-00 530 213-181-06-00 580 213-181-56-00 630 213-201-13-00 680 213-211-13-00 730 213-221-10-00 780 213-230-10-00 431 213-170-19-00 481 213-171-18-00 531 213-181-07-00 581 213-181-57-00 631 213-201-14-00 681 213-211-14-00 731 213-221-11-00 781 213-230-1 1-00 432 213-170-20-00 482 213-171-19-00 532 213-181-08-00 582 213-181-58-00 632 213-201-15-00 682 213-211-15-00 732 213-221-12-00 782 213-230-12-00 433 213-170-21-00 483 213-171-20-00 533 213-181-09-00 583 213-181-59-00 633 213-201-16-00 683 213-212-01-00 733 213-221-13-00 783 213-230-13-00 434 213-170-22-00 484 213-171-21-00 534 213-181-10-00 584 213-181-60-00 634 213-201-17-00 684 213-212-02-00 734 213-221-14-00 784 213-231-01-00 435 213-170-23-00 485 213-171-22-00 535 213-181-11-00 585 213-181-61-00 635 213-201-18-00 685 213-212-03-00 735 213-221-15-00 785 213-231-02-00 436 213-170-24-00 486 213-171-23-00 536 213-181-12-00 586 213-181-62-00 636 213-201-19-00 686 213-212-04-00 736 213-221-16-00 786 213-231-03-00 437 213-170-25-00 487 213-171-24-00 537 213-181-13-00 587 213-181-63-00 637 213-201-20-00 687 213-212-05-00 737 213-221-17-00 787 213-231-04-00 438 213-170-26-00 488 213-171-25-00 538 213-181-14-00 588 213-190-02-00 638 213-201-21-00 688 213-212-06-00 738 213-221-18-00 788 213-231-05-00 439 213-170-27-00 469 213-171-26-00 539 213-181-15-00 589 213-191-09-00 639 213-202-01-00 689 213-212-07-00 739 213-221-19-00 789 213-231-06-00 440 213-170-28-00 490 213-171-27-00 540 213-181-16-00 590 213-191-10-00 640 213-202-02-00 690 213-212-08-00 740 213-221-20-00 790 213-231-07-00 441 213-170-29-00 491 213-171-28-00 541 213-181-17-00 591 213-191-11-00 641 213-202-03-00 691 213-212-09-00 741 213-221-22-00 791 213-231-08-00 442 213-170-30-00 492 213-171-29-00 542 213-181-18-00 592 213-191-14-00 642 213-202-04-00 692 213-212-10-00 742 213-221-23-00 792 213-231-09-00 443 2,13-170-31-00 493 213-171-30-00 543 213-181-19-00 593 213-191-15-00 643 213-202-05-00 693 213-212-11-00 743 213-221-24-00 793 213-231-10-00 444 213-170-32-00 494 213-171-31-00 544 213-181-20-00 594 213-191-25-00 644 213-202-06-00 694 213-212-12-00 744 213-221-25-00 794 213-231-11-00 445 213-170-33-00 495 213-171-32-00 545 213-181-21-00 595 213-191-26-00 645 213-202-07-00 695 213-212-13-00 745 213-221-26-00 795 213-231-12-00 446 213-170-34-00 496 213-171-33-00 546 213-181-22-00 596 213-200-01-00 646 213-202-08-00 696 213-220-01-00 746 213-221-27-00 796 213-231-13-00 447 213-170-35-00 497 213-180-01-00 547 213-181-23-00 597 213-200-02-00 647 213-202-09-00 697 213-220-02-00 747 213-221-28-00 797 213-231-14-00 448 213-170-36-00 498 213-180-02-00 548 213-181-24-00 598 213-200-03-00 648 213-202-10-00 698 213-220-03-00 748 213-221-29-00 798 213-231-15-00 449 213-170-37-00 499 213-180-03-00 549 213-181-25-00 599 213-200-04-00 649 213-202-11-00 699 213-220-04-00 749 213-221-30-00 799 213-231-16-00 450 213-170-38-00 500 213-180-04-00 550 213-181-26-00 600 213-200-05-00 650 213-202-12-00 700 213-220-05-00 750 213-221-31-00 800 213-231-17-00 ONES REASSESSMENT DIAGRAM CITY OF CARLSBAD REASSESSMENT DISTRICT 2012-1 CITY OF CARLSBAD COUNTY OF SAN DIEGO STATE OF CALIFORNIA eassessment Reassessment Reassessment Reassessment Reassessment Reassessment Reassessment Reassessment Number APN Number APN Number APN Number APN N umber APN Number APN Number APN Number 801 213-231-18-00 851 213-233-29-00 901 213-241-15-00 951 213-243-03-00 1001 213-250-20-00 1051 213-262-12-01 1101 213-262-1 4-25 1151 802 213-231-19-00 852 213-233-30-00 902 213-241-16-00 952 213-243-04-00 1002 213-250-21-00 1052 213-262-12-02 1102 213-262-1 4-26 1152 803 213-231-20-00 853 213-240-01-00 903 213-241-17-00 953 213-243-05-00 1003 213-250-22-00 1053 213-262-12-03 1103 213-262-1 4-27 1153 304 213-231-21-00 854 213-240-02-00 904 213-241-18-00 954 213-243-06-00 1004 213-250-23-00 1054 213-262-12-04 1104 213-263-0 9-00 1154 805 213-231-22-00 855 213-240-03-00 905 213-241-19-00 955 213-243-07-00 1005 213-250-24-00 1055 213-262-12-05 1105 213-263-1 0-00 1155 806 213-231-23-00 856 213-240-04-00 906 213-241-20-00 956 213-243-08-00 1006 213-250-25-00 1056 213-262-13-01 1106 213-263-1 1-00 1156 807 213-232-01-00 857 213-240-05-00 907 213-241-21-00 957 213-243-09-00 1007 213-260-01-01 1057 213-262-13-02 1107 213-263-1 2-00 1157 808 213-232-02-00 858 213-240-06-00 908 213-241-22-00 958 213-243-10-00 1008 213-260-01-02 1058 213'262-13-03 1108 213-263-1 3-00 1158 809 213-232-03-00 859 213-240-07-00 909 213-241-23-00 959 213-243-11-00 1009 213-260-01-03 1059 213-262-13-04 1109 213-263-1 4-00 1159 810 213-232-04-00 860 213-240-08-00 910 213-241-24-00 960 213-243-12-00 1010 213-260-01-04 1060 213-262-13-05 1110 213-263-1 5-00 1160 811 213-232-05-00 861 213-240-09-00 911 213-241-25-00 961 213-243-13-00 1011 213-260-01-05 1061 213-262-13-06 1111 213-263-1 6-00 1161 812 213-232-06-00 862 213-240-10-00 912 213-241-26-00 962 213-243-14-00 1012 213-260-01-07 1062 213-262-13-07 1112 213-263-1 9-00 1162 813 213-232-07-00 863 213-240-11-00 913 213-241-27-00 963 213-243-15-00 1013 213-260-01-09 1063 213-262-13-08 1113 213-263-2 0-00 1163 814 213-232-09-00 864 213-240-12-00 914 213-242-01-00 964 213-243-16-00 1014 213-260-02-00 1064 213-262-13-09 1114 213-263-2 6-00 1164 815 213-232-10-00 865 213-240-13-00 915 213-242-02-00 965 213-243-17-00 1015 213-260-03-00 1065 213-262-13-10 1115 213-270-0 1-00 1165 816 213-232-11-00 866 213-240-14-00 916 213-242-03-00 966 213-243-18-00 1016 213-260-04-00 1066 213-262-13-11 1116 213-270-0 2-00 1166 817 213-232-12-00 867 213-240-15-00 917 213-242-04-00 967 213-243-19-00 1017 213-260-05-00 1067 213-262-13-12 1117 213-270-0 3-00 1167 818 819 213-232-13-00 868 213-240-16-00 918 213-242-05-00 968 213-243-20-00 1018 213-260-06-00 1068 213-262-13-13 1118 213-270-0 4-00 1168 818 819 213-232-14-00 869 213-240-17-00 919 213-242-06-00 969 213-243-21-00 1019 213-260-07-00 1069 213-262-13-14 1119 213-270-0 5-00 1169 820 213-232-15-00 870 213-240-18-00 920 213-242-07-00 970 213-243-22-00 1020 213-260-08-00 1070 213-262-13-15 1120 213-270-0 6-00 1170 821 213-232-16-00 871 213-240-19-00 921 213-242-08-00 971 213-243-23-00 1021 213-260-09-00 1071 213-262-13-16 1121 213-270-0 7-00 1171 822 213-232-18-00 872 213-240-20-00 922 213-242-09-00 972 213-243-24-00 1022 213-261-01-00 1072 213-262-13-17 1122 213-270-0 8-00 1172 823 213-233-01-00 873 213-240-21-00 923 213-242-10-00 973 213-243-25-00 1023 213-261-02-00 1073 213-262-13-18 1123 213-270-0 9-00 1173 824 213-233-02-00 874 213-240-22-00 924 213-242-11-00 974 213-243-26-00 1024 213-261-03-00 1074 213-262-13-19 1124 213-270-1 0-00 1174 825 213-233-03-00 875 213-240-23-00 925 213-242-12-00 975 213-243-27-00 1025 213-261-04-00 1075 213-262-13-20 1125 213-270-1 1-00 1175 826 213-233-04-00 876 213-240-24-00 926 213-242-13-00 976 213-243-28-00 1026 213-261-05-00 1076 213-262-13-21 1126 213-270-1 2-00 1176 827 213-233-05-00 877 213-240-25-00 927 213-242-14-00 977 213-243-29-00 1027 213-261-06-00 1077 213-262-14-01 1127 213-270-1 3-00 1177 828 213-233-06-00 878 213-240-26-00 928 213-242-15-00 978 213-243-30-00 1028 213-261-14-00 1078 213-262-14-02 1128 213-270-1 4-00 1178 829 213-233-07-00 879 213-240-27-00 929 213-242-16-00 979 213-243-31-00 1029 213-261-15-01 1079 213-262-14-03 1129 213-270-1 5-00 1179 830 213-233-08-00 880 213-240-28-00 930 213-242-19-00 980 213-243-32-00 1030 213-261-15-02 1080 213-262-14-04 1130 213-270-1 6-00 1180 831 213-233-09-00 881 213-240-29-00 931 213-242-20-00 981 213-243-33-00 1031 213-261-15-03 1081 213-262-14-05 1131 213-270-1 7-00 1181 832 213-233-10-00 882 213-240-30-00 932 213-242-21-00 982 213-250-01-00 1032 213-261-15-04 1082 213-262-14-06 1132 213-270-1 8-00 1182 833 213-233-11-00 883 213-240-31-00 933 213-242-22-00 983 213-250-02-00 1033 213-261-15-05 1083 213-262-14-07 1133 213-271-0 1-00 1183 834 213-233-12-00 884 213-240-32-00 934 213-242-23-00 984 213-250-03-00 1034 213-261-15-06 1084 213-262-14-08 1134 213-271-0 2-00 1184 835 213-233-13-00 885 213-240-33-00 935 213-242-24-00 985 213-250-04-00 1035 213-261-15-07 1085 213-262-14-09 1135 213-271-0 3-00 1185 836 213-233-14-00 886 213-240-34-00 936 213-242-25-00 986 213-250-05-00 1036 213-261-15-08 1086 213-262-14-10 1136 213-271-0 4-00 1186 837 213-233-15-00 887 213-241-01-00 937 213-242-26-00 987 213-250-06-00 1037 213-261-15-09 1087 213-262-14-11 1137 213-271-0 5-00 1187 838 213-233-16-00 888 213-241-02-00 938 213-242-27-00 988 213-250-07-00 1038 213-261-15-10 1088 213-262-14-12 1138 213-271-0 6-00 1188 839 213-233-17-00 889 213-241-03-00 939 213-242-28-00 989 213-250-08-00 1039 213-261-15-11 1089 213-262-14-13 1139 213-271-0 7-00 1189 840 213-233-18-00 890 213-241-04-00 940 213-242-31-00 990 213-250-09-00 1040 213-261-15-12 1090 213-262-14-14 1140 213-271-0 8-00 1190 841 213-233-19-00 891 213-241-05-00 941 213-242-32-00 991 213-250-10-00 1041 213-261-15-13 1091 213-262-14-15 1141 213-271-0 9-00 1191 842 213-233-20-00 892 213-241-06-00 942 213-242-33-00 992 "213-250-11-00 1042 213-261-15-14 1092 213-262-14-16 1142 213-271-1 0-00 1192 843 213-233-21-00 893 213-241-07-00 943 213-242-34-00 993 213-250-12-00 1043 213-261-16-00 1093 213-262-14-17 1143 213-271-1 1-00 1193 844 213-233-22-00 894 213-241-08-00 944 213-242-35-00 994 213-250-13-00 1044 213-261-17-00 1094 213-262-14-18 1144 213-271-1 2-00 1194 845 213-233-23-00 895 213-241-09-00 945 213-242-39-00 995 213-250-14-00 1045 213-261-18-00 1095 213-262-14-19 1145 213-271-1 3-00 1195 846 213-233-24-00 896 213-241-10-00 946 213-242-40-00 996 213-250-15-00 1046 213-262-06-00 1096 213-262-14-20 1146 213-271-1 4-00 1196 847 213-233-25-00 897 213-241-11-00 947 213-242-41-00 997 213-250-16-00 1047 213-262-07-00 1097 213-262-14-21 1147 213-271-1 5-00 1197 848 213-233-26-00 898 213-241-12-00 948 213-242-42-00 998 213-250-17-00 1048 213-262-08-00 1098 213-262-14-22 1148 213-271-1 6-00 1198 849 850 213-233-27-00 899 213-241-13-00 949 213-243-01-00 999 213-250-18-00 1049 213-262-09-00 1099 213-262-14-23 1149 213-271-1 7-00 1199 849 850 213-233-28-00 900 213-241-14-00 950 213-243-02-00 1000 213-250-19-00 1050 213-262-11-00 1100 213-262-14-24 1150 213-271-1 8-00 1200 ONES REASSESSMENT DIAGRAM CITY OF CARLSBAD REASSESSMENT DISTRICT 2012-1 CITY OF CARLSBAD COUNTY OF SAN DIEGO STATE OF CALIFORNIA Reassessment Reassessment Reassessment Reassessment Reassessment Reassessment Reassessment Reassessment Number APN Number APN Number APN Number APN Number APN Number APN Number APN Number APN 1201 213-280-16-00 1251 213-282-15-00 1301 213-290-25-00 1351 213-291-31-00 1401 213-310-01-01 1451 168-041-13-13 1501 168-041-15-15 1551 168-041-18-05 1202 213-280-17-00 1252 213-282-16-00 1302 213-290-26-00 1352 213-291-32-00 1402 213-310-01-02 1452 168-041-13-14 1502 168-041-15-16 1552 168-041-18-06 1203 213-280-18-00 1253 213-282-17-00 1303 213-290-27-00 1353 213-291-33-00 1403 213-310-01-03 1453 168-041-13-15 1503 168-041-15-17 1553 168-041-18-07 1204 213-280-19-00 1254 213-283-01-00 1304 213-290-28-00 1354 213-291-34-00 1404 213-310-01-04 1454 168-041-13-16 1504 168-041-15-18 1554 168-041-18-08 1205 213-280-20-00 1255 213-283-02-00 1305 213-290-29-00 1355 213-291-35-00 1405 213-310-01-05 1455 168-041-13-17 1505 168-041-15-19 1555 168-041-18-09 1206 213-280-21-00 1256 213-283-03-00 1306 213-290-30-00 1356 213-292-01-00 1406 213-310-01-06 1456 168-041-13-18 1506 168-041-15-20 1556 168-280-51-00 1207 213-280-22-00 1257 213-283-04-00 1307 213-290-31-00 1357 213-292-02-00 1407 213-310-01-07 1457 168-041-13-19 1507 168-041-15-21 1557 168-280-52-00 1208 213-280-23-00 1258 213-283-05-00 1308 213-290-32-00 1358 213-292-03-00 1408 213-310-01-08 1458 168-041-13-20 1508 168-041-15-22 1558 168-280-53-00 1209 213-280-24-00 1259 213-283-06-00 1309 213-290-33-00 1359 213-292-04-00 1409 213-310-01-09 1459 168-041-13-21 1509 168-041-15-23 1559 168-280-54-00 1210 213-280-25-00 1260 213-283-07-00 1310 213-290-34-00 1360 213-292-05-00 1410 213-310-01-10 1460 168-041-13-22 1510 168-041-15-24 1560 168-280-55-00 1211 213-280-26-00 1261 213-283-08-00 1311 213-290-35-00 1361 213-292-06-00 1411 213-310-01-11 1461 168-041-13-23 1511 168-041-16-01 1561 168-280-56-00 1212 213-280-27-00 1262 213-283-09-00 1312 213-290-36-00 1362 213-292-07-00 1412 213-310-01-12 1462 168-041-13-24 1512 168-041-16-02 1562 168-280-57-00 1213 213-280-28-00 1263 213-283-10-00 1313 213-290-37-00 1363 213-292-08-00 1413 213-310-01-13 1463 168-041-14-01 1513 168-041-16-03 1563 168-280-58-00 1214 213-280-29-00 1264 213-283-11-00 1314 213-290-38-00 1364 213-292-09-00 1414 213-310-01-14 1464 168-041-14-02 1514 168-041-16-04 1564 168-280-59-00 1215 213-280-30-00 1265 213-283-12-00 1315 213-290-39-00 1365 213-292-10-00 1415 213-310-01-15 1465 168-041-14-03 1515 168-041-16-05 • 1565 168-280-60-00 1216 213-280-31-00 1266 213-283-13-00 1316 213-290-40-00 1366 213-292-11-00 1416 213-310-01-16 1466 168-041-14-04 1516 168-041-16-06 1566 168-280-61-00 1217 213-280-32-00 1267 213-283-14-00 1317 213-290-41-00 1367 213-292-12-00 1417 213-310-01-17 1467 168-041-14-05 1517 168-041-16-07 1567 168-280-62-00 1218 213-280-33-00 1268 213-283-15-00 1318 213-290-42-00 1368 213-292-13-00 1418 213-310-02-01 1468 168-041-14-06 1518 168-041-16-08 1568 168-280-63-00 1219 213-280-34-00 1269 213-283-16-00 1319 213-290-43-00 1369 213-292-14-00 1419 213-310-02-02 1469 168-041-14-07 1519 168-041-16-09 1569 168-280-64-00 1220 213-280-35-00 1270 213-283-17-00 1320 213-290-44-00 1370 213-292-15-00 1420 213-310-02-03 1470 168-041-14-08 1520 168-041-16-10 1570 168-292-30-00 1221 213-280-36-00 1271 213-283-18-00 1321 213-291-01-00 1371 213-292-16-00 1421 213-310-02-04 1471 168-041-14-09 1521 168-041-16-11 1571 168-292-31-00 1222 213-280-37-00 1272 213-283-19-00 1322 213-291-02-00 1372 213-292-17-00 1422 213-310-02-05 1472 168-041-14-10 1522 168-041-16-12 1572 168-292-32-00 1223 213-280-38-00 1273 213-283-20-00 1323 213-291-03-00 1373 213-292-18-00 1423 213-310-02-06 1473 168-041-14-11 1523 168-041-16-13 1573 168-292-33-00 1224 213-280-39-00 1274 213-283-21-00 1324 213-291-04-00 1374 213-292-19-00 1424 213-310-02-07 1474 168-041-14-12 1524 168-041-16-14 1574 168-320-01-00 1225 213-281-01-00 1275 213-283-22-00 1325 213-291-05-00 1375 213-292-20-00 1425 213-310-02-08 1475 168-041-14-13 1525 168-041-16-15 1575 168-320-02-00 1226 213-281-02-00 1276 213-283-23-00 1326 213-291-06-00 1376 213-292-21-00 1426 213-310-02-09 1476 168-041-14-14 1526 168-041-16-16 1576 168-320-03-00 1227 213-281-03-00 1277 213-290-01-00 1327 213-291-07-00 1377 213-292-22-00 1427 213-310-02-10 1477 168-041-14-15 1527 168-041-16-17 1577 168-320-04-00 1228 213-281-04-00 1278 213-290-02-00 1328 213-291-08-00 1378 213-292-23-00 1428 213-310-02-11 1478 168-041-14-16 1528 168-041-16-18 1578 168-320-05-00 1229 213-281-05-00 1279 213-290-03-00 1329 213-291-09-00 1379 213-292-24-00 1429 213-310-02-12 1479 168-041-14-17 1529 168-041-16-19 1579 168-320-06-00 1230 213-281-06-00 1280 213-290-04-00 1330 213-291-10-00 1380 213-292-25-00 1430 213-310-02-13 1480 168-041-14-18 1530 168-041-16-20 1580 168-320-07-00 1231 213-281-07-00 1281 213-290-05-00 1331 213-291-11-00 1381 213-292-26-00 1431 213-310-02-14 1481 168-041-14-19 1531 168-041-16-21 1581 168-320-08-00 1232 213-281-08-00 1282 213-290-06-00 1332 213-291-12-00 1382 213-292-27-00 1432 213-310-03-01 1482 168-041-14-20 1532 168-041-16-22 1582 168-320-09-00 1233 213-281-09-00 1283 213-290-07-00 1333 213-291-13-00 1383 213-292-28-00 1433 213-310-03-02 1483 168-041-14-21 1533 168-041-16-23 1583 168-320-10-00 1234 213-281-10-00 1284 213-290-08-00 1334 213-291-14-00 1384 213-300-01-00 1434 213-310-03-03 1484 168-041-14-22 1534 168-041-16-24 1584 168-320-11-00 1235 213-281-11-00 1285 213-290-09-00 1335 213-291-15-00 1385 213-300-02-00 1435 213-310-03-04 1485 168-041-14-23 1535 168-041-17-01 1585 168-320-12-00 1236 213-281-12-00 1286 213-290-10-00 1336 213-291-16-00 1386 213-300-03-00 1436 213-310-04-01 1486 168-041-14-24 1536 168-041-17-02 1586 168-320-13-00 1237 213-282-01-00 1287 213-290-11-00 1337 213-291-17-00 1387 213-300-04-00 1437 213-310-04-02 1487 168-041-15-01 1537 168-041-17-03 1587 168-320-14-00 1238 213-282-02-00 1288 213-290-12-00 1338 213-291-18-00 1388 213-300-05-00 1438 213-310-04-03 1488 168-041-15-02 1538 168-041-17-04 1588 168-320-15-00 1239 213-282-03-00 1289 213-290-13-00 1339 213-291-19-00 1389 213-300-06-00 1439 168-041-13-01 1489 168-041-15-03 1539 168-041-17-05 1589 168-320-16-00 1240 213-282-04-00 1290 213-290-14-00 1340 213-291-20-00 1390 213-300-07-00 1440 168-041-13-02 1490 168-041-15-04 1540 168-041-17-06 1590 168-320-17-00 1241 213-282-05-00 1291 213-290-15-00 1341 213-291-21-00 1391 213-300-08-00 1441 168-041-13-03 1491 168-041-15-05 1541 168-041-17-07 1591 168-320-18-00 1242 213-282-06-00 1292 213-290-16-00 1342 213-291-22-00 1392 213-300-09-00 1442 168-041-13-04 1492 168-041-15-06 1542 168-041-17-08 1592 168-320-19-00 1243 213-282-07-00 1293 213-290-17-00 1343 213-291-23-00 1393 213-300-10-00 1443 168-041-13-05 1493 168-041-15-07 1543 168-041-17-09 1593 168-320-20-00 1244 213-282-08-00 1294 213-290-18-00 1344 213-291-24-00 1394 213-300-11-00 1444 168-041-13-06 1494 168-041-15-08 1544 168-041-17-10 1594 168-320-21-00 1245 213-282-09-00 1295 213-290-19-00 1345 213-291-25-00 1395 213-300-12-01 1445 168-041-13-07 1495 168-041-15-09 1545 168-041-17-11 1595 168-320-22-00 1246 213-282-10-00 1296 213-290-20-00 1346 213-291-26-00 1396 213-300-12-02 1446 168-041-13-08 1496 168-041-15-10 1546 168-041-17-12 1596 168-320-23-00 1247 213-282-11-00 1297 213-290-21-00 1347 213-291-27-00 1397 213-300-12-03 1447 168-041-13-09 1497 168-041-15-11 1547 168-041-18-01 1597 168-320-24-00 1248 213-282-12-00 1298 213-290-22-00 1348 213-291-28-00 1398 213-300-12-04 1448 168-041-13-10 1498 168-041-15-12 1548 168-041-18-02 1598 168-320-25-00 1249 213-282-13-00 1299 213-290-23-00 1349 213-291-29-00 1399 213-300-13-00 1449 168-041-13-11 1499 168-041-15-13 1549 168-041-18-03 1599 168-320-26-00 1250 213-282-14-00 1300 213-290-24-00 1350 213-291-30-00 1400 213-300-14-00 1450 168-041-13-12 1500 168-041-15-14 1550 168-041-18-04 1600 168-320-27-00 ONES REASSESSMENT DIAGRAM CITY OF CARLSBAD REASSESSMENT DISTRICT 2012-1 CITY OF CARLSBAD COUNTY OF SAN DIEGO STATE OF CALIFORNIA Reassessment Reassessment Reassessment Reassessment Reassessment Number APN Number APN Number APN Number APN Number APN 1601 168-320-28-00 1651 168-321-39-00 1701 168-331-19-00 1751 168-331-69-00 1801 168-340-03-09 1602 168-320-29-00 1652 168-321-40-00 1702 168-331-20-00 1752 168-331-70-00 1802 168-340-03-10 1603 168-320-30-00 1653 168-321-41-00 1703 168-331-21-00 1753 168-331-71-00 1803 168-340-03-11 1604 168-320-31-00 1654 168-321-42-00 1704 168-331-22-00 1754 168-331-72-00 1804 168-340-03-12 1605 168-320-32-00 1655 168-321-43-00 1705 168-331-23-00 1755 168-331-73-00 1805 168-340-03-13 1606 168-320-33-00 1656 168-321-44-00 1706 168-331-24-00 1756 168-331-74-00 1806 168-340-03-14 1607 168-320-34-00 1657 168-330-01-00 1707 168-331-25-00 1757 168-331-75-00 1807 168-340-03-15 1608 168-320-35-00 1658 168-330-02-00 1708 168-331-26-00 1758 168-331-76-00 1808 168-340-03-16 1609 168-320-36-00 1659 168-330-03-00 1709 168-331-27-00 1759 168-331-77-00 1809 168-340-03-17 1610 168-320-37-00 1660 168-330-04-00 1710 168-331-28-00 1760 168-331-78-00 1810 168-340-03-18 1611 168-320-38-00 1661 168-330-05-00 1711 168-331-29-00 1761 168-331-79-00 1811 168-340-03-19 1612 168-320-39-00 1662 168-330-06-00 1712 168-331-30-00 1762 168-331-80-00 1812 168-340-03-20 1613 168-320-40-00 1663 168-330-07-00 1713 168-331-31-00 1763 168-331-81-00 1813 168-340-03-21 1614 168-321-01-00 1664 168-330-08-00 1714 168-331-32-00 1764 168-331-82-00 1814 168-340-03-22 1615 168-321-02-00 1665 168-330-09-00 1715 168-331-33-00 1765 168-331-83-00 1815 168-340-03-23 1616 168-321-03-00 1666 168-330-10-00 1716 168-331-34-00 1766 168-331-84-00 1816 168-340-03-24 1617 168-321-04-00 1667 168-330-11-00 1717 168-331-35-00 1767 168-331-85-00 1817 168-341-05-01 1618 168-321-05-00 1668 168-330-12-00 1718 168-331-36-00 1768 168-331-86-00 1818 168-341-05-02 1619 168-321-06-00 1669 168-330-13-00 1719 168-331-37-00 1769 168-331-87-00 1819 168-341-05-03 1620 168-321-07-00 1670 168-330-14-00 1720 168-331-38-00 1770 168-331-88-00 1820 168-341-05-04 1621 168-321-08-00 1671 168-330-15-00 1721 168-331-39-00 1771 168-331-89-00 1821 168-341-05-05 1622 168-321-09-00 1672 168-330-16-00 1722 168-331-40-00 1772 168-340-02-01 1822 168-341-05-06 1623 168-321-10-00 1673 168-330-17-00 1723 168-331-41-00 1773 168-340-02-02 1823 168-341-05-07 1624 168-321-11-00 1674 168-330-18-00 1724 168-331-42-00 1774 168-340-02-03 1824 168-341-05-08 1625 168-321-12-00 1675 168-330-19-00 1725 168-331-43-00 1775 168-340-02-04 1825 168-341-05-09 1626 168-321-13-00 1676 168-330-20-00 1726 168-331-44-00 1776 168-340-02-05 1826 168-341-05-10 1627 168-321-14-00 1677 168-330-21-00 1727 168-331-45-00 1777 168-340-02-06 1827 168-341-05-11 1628 168-321-15-00 1678 168-330-22-00 1728 168-331-46-00 1778 168-340-02-07 1828 168-341-05-12 1629 168-321-16-00 1679 168-330-23-00 1729 168-331-47-00 1779 168-340-02-08 1829 168-341-05-13 1630 168-321-17-00 1680 168-330-24-00 1730 168-331-48-00 1780 168-340-02-09 1830 168-341-05-14 1631 168-321-19-00 1681 168-330-25-00 1731 168-331-49-00 1781 168-340-02-10 1831 168-341-05-15 1632 168-321-20-00 • 1682 168-330-26-00 1732 168-331-50-00 1782 168-340-02-11 1832 168-341-05-16 1633 168-321-21-00 1683 168-331-01-00 1733 168-331-51-00 1783 168-340-02-12 1833 168-341-05-17 1634 168-321-22-00 1684 168-331-02-00 1734 168-331-52-00 1784 168-340-02-13 1834 168-341-05-18 1635 168-321-23-00 1685 168-331-03-00 1735 168-331-53-00 1785 168-340-02-14 1835 168-341-06-01 1636 168-321-24-00 1686 168-331-04-00 1736 168-331-54-00 1786 168-340-02-15 1836 168-341-06-02 1637 168-321-25-00 1687 168-331-05-00 1737 168-331-55-00 1787 168-340-02-16 1837 168-341-06-03 1638 168-321-26-00 1688 168-331-06-00 1738 168-331-56-00 1788 168-340-02-17 1838 168-341-06-04 1639 168-321-27-00 1689 168-331-07-00 1739 168-331-57-00 1789 168-340-02-18 1839 168-341-06-05 1640 168-321-28-00 1690 168-331-08-00 1740 168-331-58-00 1790 168-340-02-19 1840 168-341-06-06 1641 168-321-29-00 1691 168-331-09-00 1741 168-331-59-00 1791 168-340-02-20 1841 168-341-06-07 1642 168-321-30-00 1692 168-331-10-00 1742 168-331-60-00 1792 168-340-02-21 1842 168-341-06-08 1643 168-321-31-00 1693 168-331-11-00 1743 168-331-61-00 1793 168-340-03-01 1843 168-341-06-09 1644 168-321-32-00 1694 168-331-12-00 1744 168-331-62-00 1794 168-340-03-02 1844 168-341-06-10 1645 168-321-33-00 1695 168-331-13-00 1745 168-331-63-00 1795 168-340-03-03 1845 168-341-06-11 1646 168-321-34-00 1696 168-331-14-00 1746 168-331-64-00 1796 168-340-03-04 1846 168-341-06-12 1647 168-321-35-00 1697 168-331-15-00 1747 168-331-65-00 1797 168-340-03-05 1847 168-341-06-13 1648 168-321-36-00 1698 168-331-16-00 1748 168-331-66-00 1798 168-340-03-06 1848 168-341-06-14 1649 168-321-37-00 1699 168-331-17-00 1749 168-331-67-00 1799 168-340-03-07 1849 168-341-06-15 1650 168-321-38-00 1700 168-331-18-00 1750 168-331-68-00 1800 168-340-03-08 1850 168-341-06-16 Reassessment Number 1851 1852 1853 1854 1855 1856 1857 1858 1859 1860 1861 1862 1863 1864 1865 1866 1867 1868 1869 1870 1871 1872 1873 1874 1875 1876 1877 1878 1879 1880 1881 1882 1883 1884 1885 1886 1887 1888 1889 1890 1891 1892 1893 1894 1895 1896 1897 1898 1899 1900 APN 18-341-06-17 18-341-06-18 18-341-06-19 18-341-06-20 18-341-06-21 18-341-06-22 8-341-06-23 8-341-06-24 8-341-06-25 8-341-06-26 8-341-06-27 8-341-07-01 8-341-07-02 8-341-07-03 8-341-07-04 8-341-07-05 8-341-07-06 8-341-07-07 8-341-07-08 8-341-07-09 8-341-07-10 8-341-07-11 8-341-07-12 8-341-07-13 8-341-07-14 8-341-07-15 8-341-07-16 8-341-07-17 8-341-07-18 8-341-07-19 8-341-07-20 8-341-07-21 8-341-07-22 8-341-07-23 8-341-07-24 8-341-08-01 8-341-08-02 8-341-08-03 8-341-08-04 8-341-08-05 8-341-08-06 B-341-08-07 B-341-08-08 S-341-08-09 S-341-08-10 S-341-08-11 J-341-08-12 J-341-08-13 J-341-08-14 i-341-08-15 Reassessment Number 1901 1902 1903 1904 1905 1906 1907 1908 1909 1910 1911 1912 1913 1914 1915 1916 1917 1918 1919 1920 1921 1922 1923 1924 1925 1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 Reassessment Number 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1991 1992 1993 1994 1995 1996 1997 1998 ONES REASSESSMENT DIAGRAM CITY OF CARLSBAD REASSESSMENT DISTRICT 2012-1 CITY OF CARLSBAD COUNTY OF SAN DIEGO STATE OF CALIFORNIA Reassessment N umber APN 2001 168-353-10-00 2002 168-353-1 1 -00 2003 168-353-12-00 2004 168-353-13 •00 2005 168-353-14 -00 2006 168-353-15 -00 2007 168-353-16 -00 2008 168-353-17 00 2009 168-353-18 00 2010 168-353-19 00 2011 168-353-20 00 2012 168-353-21 00 2013 168-353-22 00 2014 168-353-23 00 2015 168-353-24 00 2016 168-353-25 00 2017 168-353-26 00 2018 168-353-27 00 2019 168-353-28 00 2020 168-353-29 00 ONES Reassessment District No. 2012-1 (College Boulevard and Cannon Road East – Benefit Area No. 1 & Poinsettia Lane East) Aaron Beanan January 8, 2013 Reassessment District No. 2012-1 Estimated Annual Savings Ranges for Property Owners Reassessment District No. 2012-11 Minimum Maximum2 Average Residential College/Cannon – BA No. 1 Zone 115 220 177 Poinsettia Lane Zone $75 $13,750 $179 1. The amounts shown do not include administrative costs for comparison purposes; the number have been rounded to the nearest whole dollar; and the levy for FY 12-13 was compared to the “typical estimated levy.” 2. The maximum estimated savings are so high in the Poinsettia Lane Zone due to several large commercial properties (e.g. Bressi Ranch Village Center) whose proportional assessments are significantly greater than an average single family home. Reassessment District No. 2012-1 Districts Refunded 1. College/Cannon – Benefit Area No. 1 2. Poinsettia Lane