:j - treasurer.ca.gov · 15.06.2011 · 3. for departments using these funds to make grants or...
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I State of California - State Treasurers Office LOAN REQUEST
New Loan D Renewal [gJ LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs
PART I LOAN REQUESTBOND PROGRAM INFORMATION ~ (Completed by Requesting Department)
lrtment 1 Total Project Appropriation )middotorestry and Fire Protection l $2850600000 Appropriation(s) to be Funded Statutory Authority Ch 26808 Item 3540-301-0660 (10) Gov Code Sec 15830 et seq
~Ius interest and adm~n I ----Department Contact i Title Linda Webb IChief Accounting Administator
-middot---middot-middot------
JiW~~IQ_~ ~Department Directors Name (please print) Janet Barentsen o I
B venue
II ~MIBUNcrLY loloo~o
~~~~~ue11t~fJ2tJ I
Date Funds Neltded 6172011
---Phone -----
(91~2~~=~~--
6E 11 T fB d _]_General Obligation ( -~~~-middot on __D SelfLi~~ting_JJ N_on-SelfLiquidating____ t]___sect~WB _0_Ot~~--------middot------middot-middot-----------Name of GO Bond Act Name of SPWB or Other Project
Madera-Mariposa-Merced UH Replace Facility _____________________________________ _________ ---middot------middot-middot-middot-------middotmiddot--Appropriation to be Used
Project Contact (SPWB Only) Phone
D GC Section 167246 Belinda Swackhammer (916) 322-1205 for STO Admin Costs 0 Other Gov Code Sec 15845
__g_~FI~LCaE_tal qutlaY-_~1~-~Y~----middot- ---middot--_____middotmiddotsiate-middotcontr01ier-s-middotofficeFiind-- middot--middot-middot--middot Phase of Project (select all that apply) Est Project Completion DA [gJ pp DWD De DE Date 8152017
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following)
D To make advances to local governments D To fund an escrow or condemnation deposit fund [gJ To pay vendors directly I D To finance loans to persons other than governmental entities D To reimburse local government for vendor payments [gJ To make advances to State Architect Revolving Fund DIn a trade or business carried on by a nongovernmental person I If Yes specify DGS-PMB Project No 124823 D To make advances to other state funds Ifyes specify middotJWill any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private business or from federal funds Yes D No 181 (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No D If YES the repayments will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR Fl)TURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
--MH_O_M_o_oOHNOOO-OHOHbull----middotbull-bullooHHHo-HoooHH-OH______________ __ __ ---middot-middot----middotmiddotmiddot-middot--middot-middot--middot---__ Administrative Entity Resolution Number Sale Loan j CP i Date(GO ONLY) ______________________ _______ ______________________
~~~13l~=T-=~~~o~middot----Li 011 oi2oltis____State Public Works Board LJ
=~==~~~~=~=~==-=~~-~~-=~=~~=~==----middot--middot--middot-----middot--middot-middot-~--middot-middot--middot--middot-----middot--t---8--r--8-middot-middot---middot~middot---middot-B-
X
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
~ This aPplication is recommended for approval subject to the following conditions ~ First$ L61ooo oo to be used to payreduce existing PMIB loan l ol 001) l 0 Reduce amount of loan to $ _______
Conditions (if applicable)
D This aEElicati~n is not recommended for aEEroy~_E_y_~~-Jgtu~lic Finance Divi~~-n-------middot--------middot-----middot--------middot--Signature-Director Public Finance Division IDate
I PART III RECOMMENDATION
(Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval D rejection D modification 1roved loan amount Loan to be made no sooner than ~Jan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded middot-------shySignature Executive Secretary Date
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
1 middot--middot-middot--shye L I
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs 1 FoRsTousEoNLv
L PMrn No to I oo~o 0)agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and -~fooled Money Investment Board (the Board) lends funds as specified below
Total project appropriation $2~50600000 Proposed Funding Date 6172011
Loan Amount~oooo_ f1 U]j~([D ~1 At the discretion of the Board and upon dotice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use ofthe proceeds of the sale of bonds (Bonds) authorized by the following
ADMINISTRATIVE AUTHORIZATION -~ bond sale commercial ~a~Et if ap_P-Iica_lgtle and this loan have bee_au_~ized by_action~ of ad~_~_ative en~~~~_f~Q_~~--- -----middot
J_~if~~~=======-~c===~ ~~~~=~=~~~==~=====-~===~~====~c~==~~=-=~~=~==~===~~~~=~===t==~~=~~~=~~~~~~~=~=~==~=~~~=~-~~=~=~ The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest ofthis loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special
1 -tited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation Jhe State Legislature
LOAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~P~P_riatj~n_availa~_for ~uc_p_u_]~-~~~___________middot-middotmiddot---middot--middot-------- _____middot ---------middot-----middot-middot--middot-middot--middot---middot---middot-middot-___________- - - State Agency Name
r~~~~Fire Pr_o~-M~ra-MariEOS_ME~_l~~iiL_gtGg~Pr ate
_Wl_ ___ _____________ _ ___ _ __________ _______ -_ ______ __________pound5~______ _ _____ ___ _ tate ublic Works Board (if applicable) ID 1 nistrative Secretary Signature p 7 l--1 i
pooLEn MoNEY rNVEsTMElirmiddotmiddotBoARD ExEcuTIV cRETARvmiddots-cERiiFcATION middot---middot----middot--middot-middot-middot----_ --middot- --middot-middot--middot-middot1 The Pooled Money InvestmentBoard approved this loan pursuant to Government Code Section 16312 in the amount of I
and the vote was as follows L========== --middot------middot--middot-middot-middot--middot-----------middot------middot-----middot----------------middot--middot-middot-------middot----------middot--middot-middot
MEMBER AYE NO -Treasurer Ofthe Stateof Caiffom~- - - -- middot--------middot--middot~-----
- Controiier-of the State ofCalifolamiddot-middot-----------middot----middot---middot------------middot------~-middot---middot--middotmiddot--middot-middot-middotmiddot-----~------------middot-middot--middot
i-middot------=--middot----------c-c--middot------ -----1-middot------middot----- Director~~inance of the State of California 1 -----~-middot--------middot Conditions (if applicable)
I ~ Executive Secretary of the Pooled Money Investment Board---middot--middot------------middot---middot----middot-middot---middot----- shy Date
(~middot~--------~-------middot-----STIWCTIONS TO CONTROLLER J i7- Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest ------The General Fund will pay interest Do not invest loan proce~ in SMIF Commercial Paper will be used to repay this loan Yes No
Reserve$_______________ ofthe proceeds from this loan for Cost oflssuance PMIA interest and administrative costs
1
______
-------
Rev (61 0)
)MIA Loan Request for Revenue Bond Programs I 0 I 0t)h0 ashflow Statement
fJepartment Name Department of Forestry and Fire Protection Project Name Madera-Mariposa-Merced UH Rplc Fac
--__ Year 2011 Est Project Completion Date
Date 4292011 Est Phase Completion Date
Loan Amount (1gt $ 46000---------- shy
Funds Disbursed to Date _$_____3_5--0_0_3_ Per SCO Report dated 33011
~ame of Bond Program Public Buildings Construction Fund
(1) (2)
Month and Original
Year middotProjection
Prioryrs
1
2
3
4
6
7
8
9
10
11
12
0 5
13
14
15
16
17
18
19
20
21
0 22
23
(3) (4)
Projections for
Actual the Next 12
Disbursements Months
8152017
NA
11122013
392015
8152017
(5)
Cumulative
Disbursements
Acquisition
pmiddotrelim Plans
Work Draw
Constr (Z)
Equip
Design-Build
(6)
Phase of
Project
(APWCE
D-B)
1383500
------------
13835
13 835
13 835
13 835
13 835
13 835
13 835
13 835
13 835
13 835
13 835
13 835
13 835
p
p
p
p
p
p
p
p
p
p
p
p
p
middotmiddotmiddotwl21 middot shy ri middot 5[4shymiddot middot~~t~W bull middot
~~) secti middot middot bull middot1bull __bullMmiddotgt~ middot middot middotmiddotmiddotshybull -bullshy middotmiddot middot L~-g~lzsect~~
bull J bull ljp_pp)~
- 45 129
- 45 129
- 45 129
- 45 129
- 45 129
- 45 129
- 45 129
- 45 129
- 45 129
- 45 129
- 45 129
(-1 htJndPd 11n Anr_-_12 usa1 - 46 000
(2 Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3 Projected Admin includes estimated fees from STO SCO and DOF
p
p
p
p
p
p
p
p
p
p
p
p
7108-4301 0
May-10
Jun-10
Jul-1 0
Aug-10
Sep-10
Oct-1 0
Nov-10
Dec-10
Jan-11
Feb-11
Mar-11
Apr-11
1116l11llbull lt middot
middot middot-
111gtCbulldmiddotmiddotmiddot middotmiddot -middot
May-11
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
57
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal ~
~
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs
PART I LOAN REQUESTBOND PROGRAM INFORMATION Jl~ (Completed by Requesting Department) middot hrtment middot I Total Project Appropriation
Forestry and Fire Protection _L~2085600000 Appropriation(s) to be Funded IStatutory Authority Ch 26808 Item 3540-301-0660 (1) Gov Code Sec 15830 et seq
Elus interest and admin _--___ I Department Contact I Title
Linda Webb -------middot-----middot-----middot-middot-middot---middot-----t Chiet_A~ou~ting Administator Dep~entDirectors Name (please print) ~ ~ Janet Barentson middot middot ~_ __ ~
I General Obligation RJvenue
FOR STO USE ONLY
lOlOblolPMIBNO
I Amount Requ~ted ~GGG~middot~-IDate Funds Needed
6172011I I i PhoneI (916) 653-8047
middot--middot~--middot--------middot--middot
ID~i5r Type of Bonds I D SelfLi uidatin D Non-SelfLi uidatin_____________q____g______________~____g____ I~ ~~WI___o Oth~----middot----middot--middot-middot------middot-------middot-Name of GO Bond Act Name ofSPWB or Other Project
Santa Clara RUH Replace Facility -middot-middot-M--WMO__________ ______________ ___________________ -igtrofectcontact(sPWi3-oi1ly)_____rigtI1Ciiemiddotmiddot-middot-middot---middot--middot----middot---
Appropriation to be Used for STO Admin Costs D GC SectiOn 167246 Belinda Swackhammer I (916) 322-1205
middot-middot-middot--middot-shy middot--middot-------middot--O_Qth~~-QSY_fgd_e~~~I~~shy _____ _g~~JS~~Eit~LQ~tlay_An~_l~-middot--middotmiddot-middot--middot--middot-----middot-------middot---middot- State Controllers Office Fund Phase of Project (select all that apply) Est Project Completion
DA ~pp DWD De DE Date 6132016
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following)
D To make advances to local governments I D To fund an escrow or condemnation deposit fiind ~ To pay vendors directly I D To finance loans to persons other than governmental entities D To reimburse local government for vendor payments ~ To make advances to State Architect Revolving Fund D In a trade or business carried on by anongovernmental person I IfYes specify DGS-PMB Project No 124684
~D To make advances to other state funds If yes specify ( ___ Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private business or from federal funds Yes D No~ (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No D If YES the repayments will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
________________~~middot~is~~~~~~~middotmiddot-------------middot------Tmiddot-R~so~i~~~~umber I Sale L Loan --middot CP Date
---middotmiddot ---middot--middotmiddot-middot----middotmiddotmiddot-----middot----shyLJ 10102008s~i~~igt~i1cYor~l~~EL=~~~~~===~-=~~~==~===~=~~=~===-~~~=====-_______L_=----middot-I--- leSJ
___ --+----o___J____w------1---~~=~~~~~~-~====~~ D I D
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
~ This appoundication is recommended for approval subject to the following conditions l8f First $ 3~pound0) 00 to be used to payreduce existing PMIB loan l0 IOOoJ D Reduce amount ofloan to$ _______
Conditions (if applicable) _D This ap_p_cati2_n is__lot recommended for __aEP~0__px_t~~_lublieFi~~~e Diyisi_21______middot--middot---------middot-------- shySignature Director Public Finance Division IDate
PART III RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
_]his request is recommended for Dapproval D rejection D modification ( - )proved loan amount Loan to be made no sooner than _ ---oan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sun~ay) from
the date the loan is funded -Signature Executive Secretary Date
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS middot
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I FoRSTousEoNLY
IPMIBNO l L I0 00~1
~~agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and __Pooled Money Investment Board (the Board) lends funds as specified below
Total project appropriationtl205600000 4 Proposed Funding Date 6172011 Loan Amou~t)(T(Wo M i rJD -1 At the discretion of the Board and upbn notice to the state agency this loan may be wholly or partially repaid using unexpended Ioanproceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds ofthe loan are to be used only for the purposes authorized for use ofthe proceeds of the sale ofbonds (Bonds) authorized by the following
~~~~middot~= ADMINISTRATIVE AUTHORIZATION The bond sale commercial paper if apoundQ_~able and this loan have been authorized by actions of administrative entiti~ as follow_ _________
i Administrative Entity I ResolutionOther Date I r-st~TePuhlicwork5Bo~~middotdmiddot----middot-middot-middot-~--middot middot---------middot---------- 1011oi2o-o8----middot---------- ---------middot-1
middot-middot-middot----middot-------==-=~===-~==-~~~~~~~~~~~~=~=1=~~=====-~=-~====~=~~==~~middot=~~~~~=~_I~===~~=-~~~=-=-==~==~--l The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special middot lited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation
Clhe State Legislature
LOAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
_PE~iation availabj_e for ~~~poundOS~___________________________middot---middotmiddotmiddot---middot-middotmiddot-------------middot---------middot---middotmiddot-middot-middot-------middot---middotmiddotmiddotmiddot State Agency Name
~~~f~~re~ndFire_~~middot~rnRJI~Facili_tj___~
~ --middot------middotmiddotmiddot-------middot--middot--middot-middot--------middot-middot-middot-middot--middotmiddotmiddot--middotmiddot----middotmiddotmiddot-middotmiddot-middot-middot---middot-middot-middot----middot------middot-middot------middotmiddotmiddot-middot----middotmiddot-----middot-middotmiddot--- o_JL___]t t~~~~~~~~~tds~~~~abl~~~-~~Co A A~~ ~-------------------- ----middotmiddot--middot----_1_[_Jf__J
POOLED MONEY INVESTMENT BOARD Jamp1lMIVEefRETARYS CERTIFICATION 1
IThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of I L===========-= ru~_the_~e ~~as_~~~---middot-------middot------middotmiddotmiddotmiddotmiddot---middot--------middotmiddot--------middot----middot-middotmiddot--middot-middotmiddot-----middot-------middot-------1
MEMBER AYE I NO
Treasur~-of~~s1a1e0r~_alifoffii~=~~~~==-~~===~==========~=~-------middot-middot--------------middot-middot--l_______________Controller ofthe State of California I
I Director ofFinance of the State of California _______l___________j________-j Conditions (if applicable) i
IfIEXeCutfvesecretarY0filiePOoledMQileYriWeStffien1B0ad___ Ioo~O I
cISTRYCTIONS TO CONTROLLER - middot __ V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest
----_The General Fund will pay interest Do not invest loan proceedsect)n SMIF Commercial Paper will be used to repay this loan Yes v No
Reserve $_______________ of the proceeds from this loan for Cost of Issuance PMIA interest and administrative costs
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(epartment Name Department of Forestry and Fire Protection Project Name Santa Clara UH Replace Facility
~~ Year 2011 Est Project Completion Date 6132016
Date 4292011 Est Phase Completion Date NA Acquisition
Loan Amount lt 1l $ 42000__________ 9302013 Prelim Plans
--~___ _ Funds Disbursed to 9302014 Work Draw__________
Date _$_____3_2_8_0_3_Per SCO Report dated 33011 6132016 Constr lt 2l______ _
~ame of Bond Program Public Buildings Construction Fund _______ Equip
_______ Design-Build
( 1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year Pro ection Disbursements Months Disbursements D-B)
941600Prior yrs 7108-4302010
1~-~~~+------~------~ 2~-____~~+------~-------~ 3~--~~+------~-------~ 4~-~~~+------~-------~
0 5
6
7 Nov-10
8 Dec-10
9 Jan-11
10 Feb-11
11
14 Jun-11
15 Jul-11
16 Au 11
17 Se 11
18 Oct-11
19 Nov-11
20 Dec-11
21 Jan-12
0 22 Feb-12
23 Mar-12
p
41 094 p
41 094 p
41 094 p
41 094 p
41 094 p
41 094 p
41 094 p
41 094 p
41 094 p
000 p
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
16
p p
16 p
16 p
16 p
16 p 16 p 16 p 16 p 16 p 16
9 416 p
p
T
Name of GO Bond Act
middot-middot-middot-middot-------------middot-middot--middot--middotmiddot---middot---middot---middotmiddotmiddotmiddot-middotmiddot
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal ~
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs FORSTOUSEONLY IOl Lmiddot PMIB NO 00101
PART I LOAN REQUESTBOND PROGRAM INFORMATION
__Jlus interest and admin--------middot Department Contact Linda Webb
-=-----middot-middotmiddot-middotmiddot-middot-middot-middotmiddotmiddot-----middotmiddot--middot--middotmiddot--middotmiddot---middotmiddot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot Department Directors Name (please print) Janet Barentson
T fB d I General Obligation ype~----~-~--__j_Q ~~lfdg_liEati~g___QJipound]~lfli_~idatin_g________________ O_Qt_J_l~~----middot--middotmiddot--middotmiddot--- -- -middot-middot-----middot--middotmiddot---middotmiddotmiddotmiddot---shy
Name of SPWB or Other Project Siskiyou Unit HQ Replace Facility
______________----_ ___________ Projecc-0iliaC-(sPWBoilly)-----_I-Igti10~e-----middot--middotmiddot------middot--------shyo GC Section 167246 Belinda Swackhammer (916) 322-1205 D Other ~~l=f~1__g~it~_Q~t~yenAJl~i~ L_____________ __________
StateControllers-Office Fund Phase of Project (select all that apply) Est Project Completion D A ~ PP D WD D C D E Date 812016
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) D To make advances to local governments I D To fund an escrow or condemnation deposit fund ~ To pay vendors directly il D To fmance loans to persons other than governmental entities D To reimburse local government for vendor payments ~ To make advances to State Architect Revolving Fund D In a trade or business carried on by a nongovernmental person I IfYes specify DGS-PMB Project No 124686
D To make advances to other state funds If yes specify IJWill any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private
business or from federal funds Yes D No~ (For Revenue Bonds only) 3 For departments using these funds to make grants or loans Are repayments expected Yes D No D If YES the repayments
will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
~ This application is recommended for approval subject to the following conditions ~ First$ L000 1 oo to be used to payreduce existing PMIB loan l0 DOO$ D Reduce amOJnt ofloan to $------ shy
Conditions (if applicable) _D his-~EP~a__ion_is n()_]~comm~p~-~~flt~~EPIS~~poundY_~e ~ublic_E~nance J2ii~~()E_____________________________________ Signature Director Public Finance Division Date
PART Ill RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval 0 rejection D modification
( proved loan amount Loan to be made no sooner than-=--------- shy-~dan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from
the date the loan is funded=middot=--------middot----middot---middot--------------middot----middot- -middot-middot-middot---------- shySignature Executive Secretary Date
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
-------
-------_______
-------
2
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
03partment Name Department of Forestry and Fire Protection Project Name Siskiyou UH Replace Facility
---- Year 2011 Est Project Completion Date
Date 4292011 Est Phase Completion Date
Loan Amount lt1gt $ 144000---------- shyFunds Disbursed to
Date _$____108055_Per SCO Report dated 33011
~arne of Bond Program Public Buildings Construction Fund
( 1) (2)
Month and Original
Year Projection
Prior yrs
-1
2
3
4
6
7
8
9
0 5
15
16
17
18
19
20
21
Feb-12(J22 23 Mar-12
(3) (4)
Actual
Disbursements
Projections for
the Next 12
Months
812016
NA
6302013
____________1112014
812016
(5)
Cumulative
Disbursements
Acquisition
Prelim Plans
Work Draw
Constr lt gt
Equip
Design-Build
(6)
Phase of
Project
(APWCE
D-B)
7108-43011
10
Jun-10
Jul-1 0
Nov-10
Dec-10
Jan-11
10 Feb-11
11
14 Jun-11
Jul-11
11
11
Oct-11
Nov-11
Dec-11
Jan-12
111 30029 111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300
111 300
143 391
143 391 p
143 391 p
143 391 p
143 391 p
p
143 p
143 391 p
143 391 p
143 391 p
144 000 p
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with Joan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewali8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs ~~r~u~OLY 1oIoOlo3
PART I LOAN REQUESTBOND PROGRAM INFORMATION
~----------------------~====~~~==~~==7~~--~~--~--~--~~--~t _)rtment Forestry and Fire Protection Appropriation(s) to be Funded Ch 26808 Item 3540-301-0660 (3)
Ius interest and admin ------middotmiddot+-MDepartment Contact I Title Linda Webb J Chief Accounting Ad inistator
middotmiddotnepartment nireciltirs-Name-(jj-iea5-epri-ii)-middotmiddot---middot--middot---middot---middot--middotmiddot-middot-middotmiddotmiddot-middotmiddot----middot-r-middot------n-imiddotemiddot---middot---- ------middotmiddotmiddot-------middot-middotmiddot+
Janet Barentson
2ype o~~~~-~~~_j__o~~~~ DtJ~~~lflJ_q~~~~g________ ~1i~___o_othe_middotmiddot-----middot---middot--middot------middot---middotmiddot-----middotmiddot-middot---middot-middot- shyName of GO Bond Act Name ofSPWB or Other Project
Vina Helitack Base Replace Facility
~i~~~F--~~6middot~=~~---------middot-middotmiddot-middot--middotmiddotmiddotmiddot--middot-middot---middotmiddotmiddot-middot-middot-middot-middot-middotmiddot-middotmiddotmiddot----middotmiddotmiddotmiddotmiddot-o_Q~E_~r 9lt~ CoA_~ ~-~c__ 11~middot-middot--middotmiddotmiddotmiddot-middotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddot-middot __g~=f~~2-~~~LQ_Etla__~p~~Y~_t______middot---middotmiddotmiddot-middot-middotmiddotmiddot-middotmiddot--middotmiddotmiddotmiddot--middot-middot-middotmiddotmiddot-middot--middotmiddotmiddot-middot-middotmiddotmiddot---middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot State Controllers Office Fund Phase of Project (select all that apply) Est Project Completion
D A 18] PP D WD DC DE Date 112016
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments I D To fund an escrow or condemnation deposit fund
181 To pay vendors directly I D To finance loans to persons other than governmental entities 0 To reimburse local government for vendor payments I 181 To make advances to State Architect Revolving Fund 0 In a trade or business carried on by a nongovernmental person 1 If Yes specify DGS-PMB Project No 124824
~0 To make advances to other state funds Ifyes specify (J Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private
business or from federal funds Yes D No 181 (For Revenue Bonds only) 3 For departments using these funds to make grants or loans Are repayments expected Yes D No D IfYES the repayments
will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
~~-b~~~I i D I D D Ii
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
I8J This application is recommended for approval subject to the following conditions ~ First$ Lj4 QO() 6~ to be used to payreduce existing PMIB loan 0 DOOY 0 Reduce amount of loan to $ ------ shy
Conditions (if applicable)
11 T~s~PPicati0]-_~~_9t recomme~~~ for ap_p_Qvaljgtx_~l_l~fublic fina~~_Qi_yl_sl_~---middot-----middot-----middot--middot--middot--middot-middotmiddot-middot--middot-----middot-middot------Signature Director Public Finance Division I Date
PART III RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
~This request is recommended for Oapproval D rejection D modification ( )proved loan amount Loan to be made no sooner than _________ -4oan is due 364 days (or the next preceding business day ifthe due date falls on a state holiday a Saturday or a Sunday) from
the date the loa~J is funded -------middot---------middot---middot----------------middotDate--middot--------middot---- shySignature Executive Secretary
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs GoRsTo usE oNLY
IPMIB No loIooto3 agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and -~)ooled Money Investment Board (the Board) lends funds as specified below
Total project appropria~ion $1306200000 Proposed Funding Date 6172011 Loan Amount-$5000666r 1JQgt ODD 6b S T At the discretion of the Board and upon n6tice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special ---(ted obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation
( he State Legislature ~
LOAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
c_bullc croia91_~va~1~~1~ for suchE~lt-~-~____middot--middot------middot----------middot-middot---middot-middot-----middot----middot--middot-middot--middot----middot-----------middot----middot--middot--middot----------middot--middot-middot----------~ ate Agency Name i e art~_~_t of F~~EL~nd_~ire ~ro__~~~E-=Yl~~ H~ita_~~~~e=J~plac~_~~ili~Y--_middot-middot-middot----middot--~Q~~M~~~jpound~~~ 124sect~~-1 rectors Signature I ate 1 -n=~~middot~---~- ii~1-l rpooiED-MoNEviNvEsTMENTB-OAM~n~-iARvmiddots-middotcERTiFicAnoN--middot--middot-middot--middot---middot-middot f-Lf_Jt__1I V~CRE l
lj The Pooled Money Investment Board approved this Joan pursuant to Government Code Section 16312 in the amount of i =========== and the vote was as follows I
r~~~~~=~==--=-~~ i Controller ofthe State of California i i Director ofFinance of the State ofCalifm~ia middot-------middot-middot----middot-- -----middot-------middot---~----------1 --------middot - -------------middot-----middot---- ----------middot---- -----middot--------------middot---i
Conditions (if applicable) middot I -Executive Secretary of the Pocilect MoneyInvest~tBoardmiddot--------middot-------middot-middot------middot-----------middot----r-Date----middot-middot-~ i I
(~~)TJ3UCTIONS TO CONTROLLER -1
i __ Proceeds from this Joan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest
-=---The General Fund will pay interest Do not invest Joan proceedsect-in SMIF Commercial Paper will be used to repay this Joan Yes No
Reserve$_______________ of the proceeds from this loan for Cost oflssuance PMIA interest and administrative costs
-------
-------
7108-43010 22 55600
M
2~-~~~~------+---------~ 3~-____~~~----------+----------- 4~-_~~~------+--------
Nov-10
Dec-1 0
Jan-11
Feb-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
51 000 p
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
Rev (610)
MIA Loan Request for Revenue Bond Programs 1oleO~s ashflow Statement
(partment Name Department of Forestry and Fire Protection Project Name Vina Helitack Base Replace Facility ---_
Year 2011 Est Project Completion Date _ ___11__2__01--6__
Date 4282011 Est Phase Completion Date NA Acquisition
Loan Amount (1l $ 51000 612013 Prelim Plans __________ _ _____=___612014__Work DrawFunds Disbursed to
Date _$--___4_17_3_2_Per SCO Report dated 33011 112016 Constr(2l
~ame of Bond Program Public Buildings Construction Fund -------Equip
-------Design-Build ( 1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year P ction Disbursements Months Disbursements D-B)
Prior yrs
1
0 5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
0
22
p p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p p
State of California- State Treasurers Office LOAN REQUEST New Loan 0 Renewall8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs PMIBUN01Y I0 I 00fo4 PART I LOAN REQUESTBOND PROGRAM INFORMATION
~ (Completed by Requesting Department) artment Total Project Appropriation Amount Requested fl)fI
~ 6-estry and Fire Protection $4553400000 bull ~0t11~1 (Ji) v v Appropriation(s) to be Funded -- 7-llj StatutoryAumiddot--th-o-ri--ty-----------L--=-bull-=Da_te-F-u-n-=-ds--N~eed-edCh17107 Item 3540-301-0660 (8) 1 Gov Code Sec15830 et seq l 6172011
plus interest and admin I IDepartment Contact -----------middot--middot------middot---+1-=Title---------middot--------+middot-pmiddot-h-o-n-e_______
Linda Webb middot IChief Accounting AA_ministator L(916) 653-8047
~=~~~~~~~rsName(i)ieaieprint) middot--------middot-middot---middot------~~_plusmni Q--- tf5J IJJ
Revenue [gj SPWB D Other--=-----middotmiddot--middot--middot--------middot-----middot---- shyName of SPWB or Other Project Growlersburg CC Replace Facility
-M-middot-~-~-M ---middotmiddotmiddot----middot-------middot---middot-middot--middot-middot---middot-middot Project COntact (SPWB-Only) ------middot-middot-middot-T-PhODe--middot----middotmiddot--middot-shy
~~~~~~~i~o~~~____B__ g~~~r~Q~~~-~~~~~J~1-- -~~t~~~~~~l-~~~Y~J~~-~~~~~~-~-~-~~---middot----middot-middot- State Controllers Office Fund Phase ofProject (select all that apply) Est Project Completion
0 A 18] PP D WD 0 C 0 E Date 4302017
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) D To make advances to local governments J 0 To fund an escrow or condernnationdeposit fund 18] To pay vendors directly I 0 To fmance loans to persons other than governmental entities 0 To reimburse local government for vendor payments 18] To make advances to State Architect Revolving Fund 0 In a trade or business carried on oy a nongovernmental person i IfYes specify DGS-PMB Project No 124628 0 To make advances to other state funds If yes specify
( Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private ~)business or from federal funds Yes 0 No 18] (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No 0 If YES the repayments will be used to D pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
---middot---middot-----middot----- ~dmi~is~~ive-i~i~--middot- middot-----middot---middot---middot---middotrResol~~oi~~~ber --~~~-~-middot Loan cp Date
-middot-----middot-----middot--middot-----middot-middot--middot-----middot-middot---middot---------middot--middot---______--l___________+-middot-middotr=middotmiddot-middot--t--middot--~middot--middot----middot--r=-middot--middot-middot+-middot-----middot----middot--middot---middot-11
~~~-~li~_F2Eks ~Q~~-- --middot-middot--middotmiddot--______middot--middot----middot------i---- -- [ J middot rgj LJ middot--~pound~~QQ-
--middot-middot-----middot--middot _ ________middot-middot--middot-middot-+---middot--middot--middot-- --lr--blo -middot-middot-61___ ----middot0 shy--- _middot---middot--middot--middot--middot-middot----middot----middot------ --- ____ __ middotmiddot--middot--------- ____ D I 0
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
181 This application is recommended for approval subject to the following conditions ~ First$ 15lti10QQ 0deg to be used to payreduce existing PMIB loan l C fXgtO 5 D Reduce amount of loan to $ _______
Conditions (if applicable)
JJ3~~~is tJot recotru~_tJ_~ed for -EP9Y~~~he P~bli~X~~_Ece Divis_9g__________~-middot---middot-------middotmiddot---Signature Director Public Finance Division Date
I PARTIII RECOMMENDATION
(Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval 0 rejection 0 modification middot Loan to be made no sooner than _________
~oan is due 364 days (or the next preceding business day if the due date falls on a ~tate holiday a Saturday or a Sunday) from the date the loan is funded--------middot---------------- shy ---------------------------middot shySignature Executive Secretary Date
( shy ---)Proved loan amount
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I~~I~u~crLYf o1oo~y (agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ~1ooled Money Investment Board (the B~ard) lends funds as specified below
Total project appropriation $4553400000 C( Proposed Funding Date 6172011 Loan Amount $175666600-- 1l 11 S ODD C5b At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds ofthe loan are to be used only for the purposes authorized for use of the proceeds of the sale ofbonds (Bonds) authorized by the following
ADMINISTRATIVE AUTHORIZATION rThe ~o~d sale _ltom~ercia_Paper if aPQiicable a~d this IO~f_lVe been authorizlaquo_c_~Y~~tilaquoJns of a~_nistrativ_laquo__ctitie~as foll_Q_ws ---middotmiddot--- 1 Admllllstrat1ve Entr_l ResolutwnOther 1 Date i
r~st~~~~blipound~~~~~3o~i~----middotmiddot~=~~===~_l_======~~=~=~=-==-===~==r-_2~(~Qii==~~=---==-=~====~-~l t=~==~~~=~=~=~~~~====~=~~==~==~=~=~~~----middotmiddot-middotmiddotmiddotmiddotmiddotmiddot -middotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot---middot-middotmiddotmiddot--middot--middotmiddotmiddot-middot--middot-middotmiddotmiddotmiddotmiddotmiddot---middot-middotmiddot-middotmiddot-----middot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot---middot middotmiddotmiddotmiddot---middotmiddot-middotmiddot-==~~~~~===~=~~~~~==~====~~~j
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special ---ited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation
( e State Legislature ______
LOAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
ro ri~i~~~~ailabl~f~_su~hJ21pound~~~middot=-middotmiddotmiddotmiddot-middotmiddot--middot-middot-middot-middot-middotmiddot----middot--middot--middot-middot-----middot--middot---middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-------middot--middot-----middot---middot--middot-middot-middot--middotmiddotmiddotmiddot-middotmiddot-----middot--middotmiddotmiddotmiddot---middotmiddot-middot---middot-middotmiddot-middot--shy~N~ I
o(~_ltgtE~~_J_and ~r_e PE~~tio_- G~ersJl~_g__ltf__~p-~-~-~~~j_l_iY-_________________________pG~~ll~~j_~~t ~~~~~
~~~----------~~~poQiEDMoNEYJNiiEsTMENT~CREJARYSCEiiTIFiCATION---~ The Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of 1
~-----=--~~~~~~--=--=~~~==~-=~~-~~~~==-~=~==~~~~~~~~====~-=--middot --middot-r--==~~~n~~==~= ~=~-=- 1Treasurer of the State of California --Controllero-ftheStateof Californiamiddot ------middotmiddot-middotmiddot middot-middot----------middot---- shy
~_~~=~~ SretoofCampifoffii =-==L-_ -----= I Executive Secretary of the Pooled Money Investment Board IDate I
~rfirucTIONS TO CONTROLLER J V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest ___ The General Fund will pay interest Do not invest loan proceeds in SMIF Commercial Paper will be used to repay this loan Yes V No
Reserve $__~____________ ofthe proceeds from this loan for Cost ofissuance PMIA interest and administrative costs
Rev (610)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
i~partment Name Department of Foresty and Fire Protection Project Name Growlersburg Conservation Camp ---shy
Year 2011 Est Project Completion Date
Date 4292011 Est Phase Completion Date
Loan Amount lt 1l $ 1751000
Funds Disbursed to Date $ 1 587371 Per SCO Report dated 33011
~arne of Bond Program Public Buildings Construction Fund
Priory
0
(J
rs
(1) (2)
Month and
Year
7107-4302010
Original
Projection
(3) (4)
Actual
Disbursements
Projections for
the Next 12
Months
1 632 5071)
1 May-1 0 -2 Jun-1 0 -3 Jul-1 0 -4 Aug-10 -5 Sep-1 0 -
6 Oct-10 -7 Nov-10 -8 Dec-10 middot -9 Jan-11 -
10 Feb-11 -11 Mar-11 -12 Apr-11 -
gti bull ~68911hter~~k~illlliili11famptilt0l~lt middotmiddotmiddotmiddot~
_ __430-=2017___
___NA~-- Acquisition
10302012 Prelim Plans
10302013 Work Draw
4302017 Constr lt2l
______ Equip
_______ Design-Build
(5) (6)
Phase of
Project
Cumulative (APWCE
Disbursements D-B)
1632507 p
1 632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1632507 p
1 632 507 p
1 632 507 p libullcmiddot~()qbull1 JjjfJS~~ ~middot I~Adr~~EN~I3l~~IZ middotd28tBni [D ~ G
lmrrKmiddotbullymiddot~r 1~b bull 11 v (5btJ()bi May-11
14
13
Jun-11
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11
19 Nov-11
20 Dec-11
21 Jan-12
22 Feb-12
23 Mar-12
(1 bullllnrlFrl lln Anr_j ) bullnno~n-4IHV-u
p1 750 824-p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824-p1 750 824 -p1 750 824 -p1 750 824 -p1 751 000 -
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
I
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal~
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs IPMIBUNO~LY 0 l DO laS PART I LOAN REQUESTBOND PROGRAM INFORMATION
(Completed by Requesting Department)
( rtment Total Project Appropriation 9Arnount Requested ~ 1shymiddot__ middotltartment of Education j SNQJS3Q()G66 -(J_vnDO() 1 $52800hl)0 ~z~ lt)C)O
Appropriation(s) to be Funded IStatutory Authority j Date Funds Needed Chapter 171 Statute of2007 Item 6110-301-0660(3) I Government Code Section 15830 1 6172011
I I I
Department Contact i Title I Phone Allen Young j DCMS 1 916-445-4557 Department Directors Name (please print) I Signatur~tPfA ID~~1fRichard Zeiger Chief Deputy Superintendent l k If
IGeneral Obligation Revenue (jType ofBonds ~SPWB 0 Other0 SelfLj91_Qatigg___ONpn-S~)fLiguidating -
Name ofSPWB or Other Project Academic Support Cores Bus Loop and Renovation
Name of GO Bond Act
-----middot---------------~-Project Contact (SPWB Only) ~ Phone middot
middot-middot~~ STO AdniE_Sost~---~ Other 9~middot15~_30 Appropriation to be Used D GC Section 167246
)e bb1-e WokM ----------middot(~I()-~~liD__ State Controllers Office Fund Phase of~ct (select all that apply) Est Project
D A Iamp] PP l WD D c DE D D-B Completion Date 4282014
Use of Loan Proceeds 1 Will any ofthe loan proceeds be used (Please check ifanswer is yes to any ofthe following)
D To make advances to local governments i D To fund an escrow or condemnation deposit fund IZJ To pay vendors directly I D To fmance loans to persons other than governmental entities D To reimburse local government for vendor payments I IZJ To make advances to State Architect Revolving Fund DIn a trade or business carried on by a nongovernmental person If Yes specify DGS-PMB Project No 124637 D To make advances to other state funds If yes specify
=)Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private business or from federal funds Yes D No IZJ (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No D IfYES the repayments will be used to D pay debt service or D to fund more projects middot
ADMINISTRATNE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES - lResolution Number I s T~--~--C~---Tmiddot---~ t
Administrative Entity i 1 1 1(GO ONLY) a e oan a e I i I i I--middot- shy
State Public Works Board------middot-____ - l -----=r -B-t---~-t--B- middot-F 9il42~o7___ _____
--middotmiddot--- 1 d--1--o---r-middoto---r-middot----shy1
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
lXI This application is recommended for approval subject to the following conditions ~ First$ 50(pJOOO 00 to be used to payreduce existing PMIB loan Of 000fo D Reduce amount ofloan to $ _______
Conditions (if applicable) Jd This aeelication i~ not r~commend~~ for aeeroval by the Public Fin311ce Divi_~_lmiddoto=nc__________-=----------- shySignature Director Public Finance Division j Date
I PART III RECOMMENDATION
(Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Dapproval D rejec~ion D modification -A-uproved loan amount ~ ~ Lo8p Jo be made riosooner than ( n is due 364 days (or the next preceding business day if the due date falls on a state holiday-a~s=-a-t-u-rd-=-a-y_o_r_a_S_u_n_d_ay) from
-ufe date the loan is funded middot Signature Executive Secretary Date
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I FOR STO USE ONLy
I PMIB NO I 0 I 00 5 l
Tb--agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( Jed Money Investment ~ard (the Board) lends funds as specified below -- j I 111Y27oOO Total project appropriation $163839QQOO Proposed Funding Date 6172011 Loan Amount $i1800fiOO E ~ 1OtgtO ~ At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business daymiddotifthe due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following ~tatu_es (Bo~-6~--- _ middot ___ l~h 171 Statute of2007 Item 6110-301-0660(3)shy middot=J ADMINISTRATIVE AUTHORIZATION The bond sale commercial ~er if lpoundPIicable1 and this loan have been autho~ized by_actions of administrative entities as follows
Administrative Entity I ResolutionOther I Date l
t=~te Pu_~ic ~orks Boar~=-~=~~--middot-r-~~~~~RRiova~~---------L~~~=-------middot-middot-middot-----middot--j The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the statemiddotagency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subJect to appropriation by the State Legislature
(~N RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
__IRl~l_i_~~~~ available foi_such_p~~~~
IState Agency Name middot -------1 __)~~artment of Educatio_n___ middot---- shyi Directors Signature llJpoundJmiddotState Public Works Board (if applicable)
Administrative Secretary Signature ~==~~~----~~21-tL__1
POOLED MONEY INVESTMENT BOARD EXECUTIVE SE-fl--f1
The Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of 1 and the vote was as follows
MEMBER ----+~middot-middotA_YE J N_0_1 Treasurer of the State of California ~
Controller ofthe State of California DirectorofFinanceoftheStm~-o~f~C~a~l~ipound~orn-~ia------------------middot--------------------~-------------------~--------middot
~--~--~--~777-------------------------------------------------~-----------------L-------I Conditions (if applicable)
Executive Secretary of the Pooled Money Investment Board Date
INSTRUCTIONS TO CONTROLLER0 V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest ~ ) The General Fund will pay interest Do not invest loan proceeds in SMIF
ccfmmercial Paper will be used to repay this loan Yes No
Reserve$_______________________ of the proceeds from this loan for Cost oflssuance PMIA interest and administrative costs
l
______
______
Rev (610)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(apartment Name Department of Education Project Name Academic Support Cores -~
middot Yea~ 2011-12 Est Project Completion Date 4282014
Date 472011 Est Phase Completion Date ___n~a____Acquisition
Loan Amount (1gt $ 529000___----=~~_
Funds Disbursed to Date _$___504l54_6_ Per SCO Report dated 33011
~ame of Bond Program Public Buildings Construction Fund
(1) (2)
Month and Original
Year Projection
Prior yrs
1
2
3
4
5
60 7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22 ~ 23
U 24
(3)
Actual
Disbursements
(4)
Projections for
the Next 12
Months
__5132_01_1___ Prei i m PI a ns
__4122_012=--- Work Draw 2282014
-~=___
(5)
Cumulative
Disbursements
Constr (2l
Equip
Design-Build
(6)
Phase of
Project
(APWCE
D-B)
(1) Rounded up to nearest thousand
47202054
232950
~~r~~~~~~i~~11
299f8gt4~g~middotmiddot~~-~~ ~ bullbullbull I ~~~~H~ bull J
ltfAmiddotIf~t17~1middot~middotamiddot no bullbull lmiddot pound~ 1 1 1it bullbull bull bull
middoty-ltbullbull11~~~)~~~-~~f~~f~middott- ~50(~00
472021 D
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 p
474350 p ~tgtpound~~a~1~~c 1) bull t~ ( ~
lt-Cimiddot~c~- 504middot309 IFIitiNr~ ~v~middot bullfg(7ff ft(bull-- 528middot 9373~~~i~~t~ ~-middot~ ~ ~0i~t~~nr1~
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
529000 p
12008-5201 0
Jun-10
Jul-1 0
Aug-10
Sep-10
Oct-10
Nov-10
Dec-10
Jan-11
Feb-11
Mar-11
Apr-11
May-11
JH_ter~$t~f~~n~~~-~i~~~ g8ffil81f~~j~~i
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
Apr-12
May-12
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal [8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs PMI~~~~LYr o( oos l
PART I LOAN REQUESTBOND PROGRAM INFORMATION Com leted b Re uestin De artment
middot ~~~mhn~e~n~t------------------------~~==irr~r~~==u~~-~==l~IFTT~om~lfP~r~~~middotedct~A~pprop~ri~a~tio~n~--fjAk~n~ou~nt~RR~~ues~ro~-----i~ _ i ~05300000 Go nr lTi~ntal ___________ Health ~~~~I D1 Qlt)------------middot-middot--1 $6589066-00-middot--middot--------middot-----middot-middot---middot-L____ ___________________________________________ -- shy
Appropriation(s) to be Funded Statutory Authority I Date Funds Needed Chapter 1712007 Item No 4440-301-0660(2) Government Code Sec 15830 et seq ~26~611 tmiddot7-
middot-middot----------middot--middot------------middot--middot-middot------------ ----middot-middot--middot--middot--------------- --------shyDepartment Contact Title j Phone David Harner middot Chief Hospital OpeationsFiscal Supp I (916) 654-3600 middotn~~~~~~s-~~~~~~t)middot-----middot------ --______rsiinatre-------------~----~ -middot~---middotr~=~~-----middot-middot---shy
i General ObligationT 0 fB dype on s D Self Li uidatin D Other N~~-roo i3-0~ltLA-t----middot-q_ltgt-=---~~-middot=-middot-middot==-middotO~-==--middot--middot---middotmiddot--ll-middot-a-nmiddot-e--o-f-sPWB_0middotzoihd_Pro]eCimiddot------middot--middot-middot-middot-middotmiddot-middot-middot-middot-middot-------- ---
tascadero State Hospital 258 Bed Hospital Remediation API-jricrti~-~i~-b~-u~~-- o___ltic~ti~~-i-67246middotmiddot--middot______ middotoject-cmiddoti-aCt(srwmiddoti3-o~l)r)______r-yJ10ilemiddot---middot--_ ____
~~i2~fo~~Ife~~s~f-fi~=c-middoteFD=ubullndo~hccer=~~=--- uDmiddotmiddotmiddotamiddot-$middotmiddot~~~~-~~-
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments -~ D To fund an escrow or condenmation deposit fund 0 To pay vendors directly i 0 To finance loans to persons other than governmental entities 0 To reimburse local government for vendor payments [8] To make advances to State Architect Revolving FundJ
0 In a trade or business carried on by a nongovernmental person i If Yes specify DGS-PvfB Project No 124473 0 To make advances to other state funds If yes specify
I Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private ~J business or from federal funds Yes D No [8J (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No O If YES the repayments will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
obullbullobullbullbull-bull-bullbullbullbullbullbull~bullbullbull--bullbull-_________________HH----__--f-MH-bull0bull----middot-middot--bull-bullbullbullbullbullbull-1-----MMI--MO-
Administrative Entity Resol~~ioo~L~umber I Sale i Loan I middot CP i Date -___--middot-middotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot----middot-middot--middotmiddotmiddot--middotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot----middot-middot-middot-middotmiddotmiddot-middotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot--- middotmiddot-middot----middotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddot-middot-middot-middot-_-middotmiddotmiddot-middotmiddotmiddot---middot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot---__L---middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middot State Public Works Board i 0 I [8] 0 7132007- ___ ______________- 1_ 0
u- - ____+- ~~--I0 I
PART II RECOMMENDATION AND CONDITIONSshy(Completed by Public Finance Division of the State Treasurers Office)
~ This application is recommended for approval subject to the following conditions 0 First $ tlt bj used to payreduce existing PMIB loan __middot___ Kl Reduce amount ofloan to$ (DJ as JQaOO
Conditions (if applicable) middot
-~iniz~~~51~~E~u~ii~~~~~~~~~yent~d_f~r~EPr~~-~~L~~~~EJi~~il~~~-2i~i~ilt~--middot----___________________loaie--middot---_________
I
_
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval D rejection 0 modification middotj-middot~proved loan amount i _ Loan to be made no sooner than
an is due 364 days (or the next preceding business day if the due date falls on a state holiday_a_S_a-tu_r_d_a_y_o_r_a_S_u_n_d_a_y) from the date the loan is funded
Signarme E~etive Secretacy-----middot---middot-middot--middot-middot-middot------middot--------------------------middot--middotDate----------middot----------middot---shy
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
s agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( 1
bull ooled Money Investment Board (the Board) lends funds as specified below ~ ~ Total project appropriation $659800000 ~ Proposed Funding Date 51262611 G I J Loan Amount ~9S300()()0 -o-12-S bO
At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the Joan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Mpney Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale ofbonds (Bonds) authorized by the following statutes (Bond Act) rmiddotmiddotchapt-i7iifoo7~it~~-N~~444o3oio66o(i)- - -middot-middot-middotmiddot- middot-middot-middotmiddot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddot-middotmiddotmiddotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddot--_---middotmiddotmiddot-middot-middotmiddot-middotmiddot----middotmiddot--middot-l bull--bull-bull-Hbull---middot--middot-middot----bullbullbullbull--bullbullbull-bull-________________m_______________________________________l
ADMINISTRATIVE AUTHORIZATION _~_P-~f~l~-~-ltial_p_lPtJLlP~ipound1tltd tl~Jll_l~~-~~~ll~-~-I~~~EiY_~iQ~~-lfl~ilJ~rl~~-i~~flJ2)VS middot-------middot- Administrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act pennits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation by the State Legislature
OAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~EPE9Pi~i9P~Y~i~~~f9E_S~~hP~-9~~__________________
L~~~~~~~rM~n~ ~l~-middot-middot--__------middot------_ ___________________ ---middotmiddotmiddot J
~~-~~~~-----~~~~ L~~~~~-imiddot~middot~middot~middot~middoti~~~_S~~~~~-r ____d____-_________- __l~~gtltltlJI POOLED MONEY INVESTMENT BOARD EXECUTIVE SECRETARYS CERTIFICATION i 1IThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of __ and the vote was ___ as follows __- - __ r---middot-middot- __ ____ ______ ____ ___ ___j
~~~~~-~-plusmn=~- Director of Finance of the State of California
middot----middotmiddot-middotmiddotmiddot--middot~middot---------middotmiddotmiddot--middotmiddot-middot----middot-middot---middotmiddotmiddot-middot---middot-middotmiddot-----middot--middot-----------middot-middot-middotmiddot---middot-middot---middot--------middot-middot-----middot--middot---middot---middot--middot--middotmiddot--middot-middot----middot-middot--1-~--~middot~middotmiddot--middot-middotmiddotmiddot-~~ Conditions (if applicable)
middot-E~c~tivmiddots~~~tarymiddotrmiddotilieP~~~~dMo~-~YI~~t1 Boad-middot-middot--------middot-middot-middot-middot-------middot---- ________________ __TD~t~-middot-middot------middot-middot1 i ~-----middotmiddot---middot-middot--_________- ---middot--middot-----middot----middot----------middot-middot--middot-middot----------middot-------__________J____________l
INSTRUCTIONS TO CONTROLLER I i ~ 1 ~-~ Proceeds from this loan should be invested in the Surplus MoneYinvestirtent Fund SMIF earnings and bond proceeds will pay interest
) The General Fund will pay interest Do not invest loan proceeds in SMIF lCommercial Paper will be used to repay this loan Y~s middot - V No
Reserve $ _______________ of the proceeds from this loan for Cost of Issuance PMIA interest and administrative costs
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(epartment Name Department of Mental Health Project Name Atascadero 250-Bed Remediation ---_
- Year 2011 Est Project Completion Date 10302010
Date 412011 Est Phase Completion Date Acquisition
Loan Amount lt1l $ 6125000 Prelim Plans
Work Draw Funds Disbursed to Date $ 6038196 Per SCO Report dated 52411 1112009 Constr lt2l
~ame of Bond Program Public Buildings Construction Fund Equip
Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year Projection Disbursements Months Disbursements D-B)
0
Prior yrs 571970200 5719702
1 May-10 1302600 5732728 c 2 Jun-10 1336000 2142000 5754148 c 3 Jul-10 1336000 1882900 5772977 c 4 Aug-10 1336000 5772977 c 5 Sep-10 1336000 183700 5774814 c 6 Oct-10 334000 601200 5780826 c 7 Nov-10 384100 5784667 c 8 Dec-10 133600 5786003 c 9 Jan-11 5786003 c
10 Feb-11 5786003 c 11 Mar-11 5786003 c 12 Apr-11 6925800 5855261 C
~~~~~]~mlftltttt~bull~~~~~~~~~~~~~=~~~~~~~l~riir~ 13 May-11 500000 6110238 C
C14 Jun-11 500000 6115238
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11f-------1
191--_ _N__o_v_-11j
20 Dec-111---____--1 21 Jan-12
1--------1
~ 22 Feb-12 (___j 23 Mar-12
1---______~
(~~ nrlrl Anr_-_1 ) housand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application bull
(3) Projected Admin includes estimated fees from STO SCO and DOF
500000
500000
6120238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125000
c c c c c c c c c c
State of California- State Treasurers Office LOAN REQUEST New Loan fZ1 Renewal 0
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs II ~o~~LNO~LY ( 0 OOltoC
~ PART L LOAN REQUESTBOND PROGRAM INFORMATION f~ (Completed by Requesting Department) bull artment I Total Project Appropriation Amount Requested -corrections and Rehabilitation middot i $30000000000 I $682600000 middot----middot~---------middot--middotmiddot--middot-middot------middot----middot--middot----------------------middot------------middot--lmiddot------middotmiddot----middot-----middot-middot-middot-middot-l---middot-middot--middot-middot-----middot------- shyAppropriation(s) to be Funded ~71B -~ Statutory Authority I Date Funds Needed SB 81 Ch 17507 (as amended 8rpoundG 1828 Ch 729Mf) i Welfare and Institutions Code Chapter I 6182011 5225-801-0660 6101753 M3 l 15 Article 3 Sectio~970 1~11 I
_-Q~-~-X~~~fl9ffeE~~ Reh__Qilit~_i~~EiiEJ~~hasc I_ middot ~t1fgtDepartment Contact Titl~---middotmiddot--middot---middotmiddot------middot---middot----middot-middot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middot----middotmiddotmiddot-middotrmiddotPho~middot~~--------
i~~~~ffi(~O~~~~~-~-T fB d J General Obligation ReVeiiue
-N~~~~orb~middotmiddot~dAsp-elfAg~icI~~rg____0_~_21~-eJf-Jgi9_ainK--middotmiddot middotmiddot-~~~~~s-PPs~~~~tilmiddot~middotmiddotmiddotr~o-t~middotmiddot----131Bmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddot--middot--middotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddot-middot--middot-stanislaus County Juvenile ~ommitment Center
Appropriation to be Used D G C Section 167246 Project Contact (SPWB Only) I Phone middot~middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot
for STO Admin Costs D Other__ Darlene Maston I 916-255-2237 state con tr~ji~~middot~middot-middotorfi~middot~middotmiddotp~~imiddottc-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-shy middot-middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddot middotmiddotmiddothasemiddotmiddotrjgtmiddotJ-~middotimiddotmiddotcseTeZimiddotmiddotaIcmiddotmiddotitmiddotmiddotmiddot~iJmiddotiJiy)~middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotpoundsimiddotj~~middotCiTe~i-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot
0 A 0 PP 0 WD fZI C 0 E 0 D-B Completion Date 2152013
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments I 0 To fund an escrow or condenmation deposit fund 0 To pay vendors directly 0 To finance loans to persons other than governmental entities fZI To reimburse local government for vendor payments 0 To make advances to State Architect Revolving Fund D In a trade or business carried on by a nongovernmental person 1 If Yes specify DGS-PMB Project No (J0 To make advances to other state funds If yes specify
--A Will any part of the debt service on the bonds tl1at secure this loan be either secured by or paid from property used in a private business or from federal funds Yes 0 No fZI (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No O IfYES the repayments will be used to 0 pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
-----~i~-- fRol~I~~~~-----G~--~~~=~~=====Famp~=t=l==gF~
(
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
0 This application is reconnnended for approval subject to the following conditions D First$ to be used to payreduce existing PMIB loan _____ D Reduce amount of loan to $ _______
Conditions (ifltpplicable)
_O Ii~__ppJLc~ti~~i~ ~~~Ee~lt1~~9~~fo~E~~JQt~l1l~J~g_fi1~~1g_~RiY~~9~-middotmiddot-middotmiddot--middotmiddotmiddot-middotmiddotmiddot--middot-middot-middotmiddotmiddotmiddotmiddot-middot----~---middot-middot-------middotmiddotmiddot--middotmiddot-middot-----middotmiddotmiddotmiddot-middot---middot-middot-middot-middotmiddot--middotmiddotmiddotmiddotmiddot-signature Director Public Finance Division j Date
l 1 i
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
-middot~is request is recommended for Oapproval 0 rejection 0 modification ____pproved loan amount Loan to be made no sooner than _________ Loan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded
middot-s-gra~re~middot-Ex~-c-u-iT~e-semiddot~~eiarY----middot-middot-----middot-----middot--middot-middot----middotmiddot-middotmiddot-middot---------middot--middot----middot-middot----middot-middotmiddot-middotmiddot-middot------middot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddotmiddot------middot-middotmiddoto-aimiddot--middotmiddot-middotmiddotmiddot-middotmiddotmiddot-------middotmiddotmiddot-middotmiddot--middot-----middot----middotmiddotmiddotmiddot--middot-middot-middotmiddot
____
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
lo 006b _I
----middot-middot-middot-middot-~--middot1
r agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and 1----__ Pooled Money Investment Board (the Board) lends funds as specified below
Total project appropriation $30000000000 Proposed Funding Date 6182011
Loan Amount $682600000 At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state hoi iday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following
s~~~~r~~~ntl_~_~o --middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddot-middot---middot-middotmiddotmiddotmiddotmiddot-middot-middot-middot---middotmiddot-middot-middot-middotmiddotmiddotmiddot~~a~--middot--middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middot---middot-middot-middotmiddot-----middotmiddot-middotmiddot-middotmiddot---middot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot---middot--middot---middotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddot- middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot---middot~ i SB 81 Ch 17507 (as amended 8yen AIHI~middoth-7i91W) 5225-801-06606101753
1_1~pound~~-X~Il~~~IQ~I~~-~E_~p~_~y~_l~lti~i~~-~--~-tJgt~----middotmiddotmiddotmiddotmiddot-middot--middotmiddotmiddot-middot--middotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddot----middotmiddotmiddot-middotmiddotmiddot-middotmiddot--middot---middotmiddotmiddotmiddot--middotmiddot-middotmiddot-middot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot ----middot---jADMINISTRATIVE AUTHORIZATION
_ll_~_ltgt~--~-~C~-()_mm_~~pound~P~P~1bullfPP_lllI21E~2ll~~C-~Ctl_~lhQ~e~~Y~~iltgtSltgtf~iiSt~~Y~i_~ie~l~ol_lgt~~~_ _____________________ Adnrinistrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial
Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest fimiddotom the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan lfthe loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan middot
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds ofBonds or the proceeds of a new loan Payment from any other source is subject to appropriation
(~the State Legislatu_re
~lAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~PPI~CgtP~aisgt~~iJ~)_~_[ltE ~~hP~TP_~~~_---middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middot----middot-------middotmiddotmiddotmiddotmiddotmiddot-------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middot----middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddot middotmiddotmiddot--middotmiddot---middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddot---middot--middotmiddot---------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot i State Agency Name
jJ~P~r_lfl _lt_~E~~poundi~l~~l~_~~~~iol-----middot--middotmiddot--middotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddot--middot-- middotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddot--middot----- middotmiddotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddot----middot-middotmiddot--middot---middotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddot-middot--- middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot----middotmiddotmiddot--middotmiddotmiddot-- _
--T~=I ~~~~~~-i-~~=~~-~=---~-=cr~~__~~~~~~-~-=--middot~~-~--- middot-middotmiddotmiddotmiddot-middot-middoti -~-iAL 1 POOLED MONEY INVESTMENT BO i
iThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of
and the vote was as follows i
i_~_~-middot~-~~-~~~~-~=~~~~~ ____middotmiddot_=----~-~~-=~-~~middotmiddot~~~~sect-~~middot==-=~~-~middot~~~~middot~~=middotmiddot~middotmiddotmiddotmiddot~~=--~-==middot~~~-~-~~I~middot~middot~-middot~~~~Y~~~~middotmiddot~~-~~~~[middot~-~~~B~~~~=Ji Treasurer of the State of California I 1 l~MoHOoHHOHoH-gtHoooobull-bullbull-bullbullbullbullbull---middot-middot--bullbullbull-bullbull---middot-middotbull-MoOHHgtMHObullobulloo-bullbull-bullbull-bull-bullbull---bullbull--H--0-----middot-middotbull--middotmiddot-bullbullbullbullbullH~__-bullbullbullbull-bullbull+bullbull-HOoooOHooHooHoHooOHMo-oMo-oOOoO-Moooooo Moool
Controller of the State of California j j ji _MOOMOMOOMMO MOMM-__MMMMMOOMO---middot--middot--------middot--middotmiddot middotmiddotmiddot-middotmiddotmiddot-middotbullbullMMMOOMMO-MOOMMM _00-00Mbull-o0M_00000MOM-MMMMooMOMMOM-0000_0_00M--00000MMoM0-00-M000000000-0M000000-MOM-OOOM00000000-M0M00MM00000000MM00MOOOOMMiOMOM0_0_000000MOM-00000000-0MMO_M_ __ J- _ ___________________i______ Director of Finance of the State of California i ~-C-o~middot(jjtf)middot~~--(jf~ppif~~b-i~middot)~-----middotmiddot-middot--------middot-----middot--------------middot-------middotmiddotmiddotmiddot---middot-middot-----middotmiddotmiddot---middot---middot-------middot----middot--middotmiddot--middot--Lmiddotmiddot-middot-----middot--middot-middot---middotmiddotmiddot----middotmiddot-------L-----middot------middot-middot--------middot-i
I i jl-----middot-------middot-----middot-----middot----------middot--middot--middot------middot-----middot---------middot------------middot--middot------_____________________________________________-------------middot---middot-middot-middot-middot-middot--middot--middot--middot----middot-----middot----middot-middot_________________________s-_middot-----middot-middot--middot------middot---middot-li Executive Secretary of the Pooled Money Investment Board Date I I i i
i ~- l i
L---------middot----middot---middot---------middot-------------middot-----middot---middot--middot-----------middot--------middot-middot---------------------middot-middot---------middot---- ------middot--middot------middot-middot-middot---middot-middotmiddotmiddot---middot---middot-middot-------middot------middot-----middot-middot--middot----t--middot---middot---------middot------middot-middot-jmiddot-ISTRUCTIONS TO CONTROLLER
( J middotv Proceeds from this loan should be invested in the Surplus Money Investment Fund SMJF earnings and bond proceeds will pay interest ~ The General Fund will pay interest Do not invest loan proceeds in SMIF
Commercial Paper will be used to repay this loan Yes V No
Reserve $_______________ of the proceeds from this loan for Cost of Issuance PM IA interest and administrative costs
_~~~~~~0----
Rev (61 0)
MIA Loan Request for Revenue Bond Programs l Ol OObG
ashflow Statement
(~partment Name Corrections and Rehabilitation Project Name Stanislaus County Juvenile Commitment Center
~ Year 20112012 Est Project Completion Date 2152013
Date 5132011 Est Phase Completion Date NA Acquisition
6~826000 5132011
6212011 Work Draw
Loan Amount (1l __$ _____- Prelim Plans
Funds Disbursed to Date $ - Per SCO Report dated 0000 2152013 Constr (Zl
___---~---
Jame of Bond Program Lease Revenue-Stanislaus County Juvenile Commitment Ctr ___NA_____ Equip
_N_A_____ Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and the Next 12 Cumulative (APWCE
Year 0 n Actual Disbursements Months Disbursements D-B)
Prior yrsmiddot
1
2
3
4
0 5
6
7
8
9
10
11
12
16 11
17 Oct-11
18 Nov-11
19 Dec-11
20 Jan-12
21 Feb-12
22
(J 23
24
14
15
545 00000 552 500
818 00000 1 370 500 c 1 091 00000
1 091 00000
c
1 091 00000
1091 00000
c
1 091 00000
7 500
7 500
c
c
c
c
(1) Rounded up to nearest thousand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
0
_~~To_ ~- ~ 1shyl ~ 1gt1 0
0 OEPARTMENT OF EOMUNO G BROWN JRbullbull GOVERNOR
~-FDotF I N A N C E ----S-TA-TE-C~A-P-ITC-1-bull~R-o-o-M-~~45~~S-AC_RA_M_EN_T_o-C-A-bull-9-5~B~1--4-4~9-i=-B-8~www~~o-c~~CA-llc~v CFFICE CIF THE DIRECTCIR
May 12 2011
Mr Bill Dowell Administrator Pooled Money Investment Board 915 Capitol Mall Room 106 Sacramento CA 95814
Dear Mr Dowell
AB 55 Loan Application for County of Stanislaus Juvenile Commitment Center Project
The following detennination is respectfully submitted pursuant to the Pooled Money Investment Board Pooled Money Investment Account Loan Policy adopted October 20 2010
This loan request is for the states share of costs for the County of Stanislaus Juvenile Commitment Center Project one of many youthful offender rehabilitative facility projects included in the SB 81 Youthful Offender Rehabilitative Facilities Construction Financing Program middotIn this program the county rather than a state agency manages the construction contract and process Furthermore the county is responsible for a portion of the project costs including any project cost overruns Thus at this stage of the project it is fiscally prudent to fund the construction costsmiddot using an interim loan rather than to issue bonds until final costs are known and we are confident the county will have fully funded its share
Based on the factors noted above the Director of Finance has determined the project is not appropriate for upfront bond funding and therefore interim financing is necessary to fund the -construction phase of the project If you have any questions or need additional information regarding this matter please call Chris Lief Principal Program Budget Analyst at (916) 445-9694
ANAJMATOSANTOS Director By
1~ (-gt2--shyMICHAEL COHEN Chief Deputy Director
icc FINN ROGERS LIEF BENSON CF (3) SUSPENSE FILE 0
1 middot--middot-middot--shye L I
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs 1 FoRsTousEoNLv
L PMrn No to I oo~o 0)agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and -~fooled Money Investment Board (the Board) lends funds as specified below
Total project appropriation $2~50600000 Proposed Funding Date 6172011
Loan Amount~oooo_ f1 U]j~([D ~1 At the discretion of the Board and upon dotice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use ofthe proceeds of the sale of bonds (Bonds) authorized by the following
ADMINISTRATIVE AUTHORIZATION -~ bond sale commercial ~a~Et if ap_P-Iica_lgtle and this loan have bee_au_~ized by_action~ of ad~_~_ative en~~~~_f~Q_~~--- -----middot
J_~if~~~=======-~c===~ ~~~~=~=~~~==~=====-~===~~====~c~==~~=-=~~=~==~===~~~~=~===t==~~=~~~=~~~~~~~=~=~==~=~~~=~-~~=~=~ The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest ofthis loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special
1 -tited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation Jhe State Legislature
LOAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~P~P_riatj~n_availa~_for ~uc_p_u_]~-~~~___________middot-middotmiddot---middot--middot-------- _____middot ---------middot-----middot-middot--middot-middot--middot---middot---middot-middot-___________- - - State Agency Name
r~~~~Fire Pr_o~-M~ra-MariEOS_ME~_l~~iiL_gtGg~Pr ate
_Wl_ ___ _____________ _ ___ _ __________ _______ -_ ______ __________pound5~______ _ _____ ___ _ tate ublic Works Board (if applicable) ID 1 nistrative Secretary Signature p 7 l--1 i
pooLEn MoNEY rNVEsTMElirmiddotmiddotBoARD ExEcuTIV cRETARvmiddots-cERiiFcATION middot---middot----middot--middot-middot-middot----_ --middot- --middot-middot--middot-middot1 The Pooled Money InvestmentBoard approved this loan pursuant to Government Code Section 16312 in the amount of I
and the vote was as follows L========== --middot------middot--middot-middot-middot--middot-----------middot------middot-----middot----------------middot--middot-middot-------middot----------middot--middot-middot
MEMBER AYE NO -Treasurer Ofthe Stateof Caiffom~- - - -- middot--------middot--middot~-----
- Controiier-of the State ofCalifolamiddot-middot-----------middot----middot---middot------------middot------~-middot---middot--middotmiddot--middot-middot-middotmiddot-----~------------middot-middot--middot
i-middot------=--middot----------c-c--middot------ -----1-middot------middot----- Director~~inance of the State of California 1 -----~-middot--------middot Conditions (if applicable)
I ~ Executive Secretary of the Pooled Money Investment Board---middot--middot------------middot---middot----middot-middot---middot----- shy Date
(~middot~--------~-------middot-----STIWCTIONS TO CONTROLLER J i7- Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest ------The General Fund will pay interest Do not invest loan proce~ in SMIF Commercial Paper will be used to repay this loan Yes No
Reserve$_______________ ofthe proceeds from this loan for Cost oflssuance PMIA interest and administrative costs
1
______
-------
Rev (61 0)
)MIA Loan Request for Revenue Bond Programs I 0 I 0t)h0 ashflow Statement
fJepartment Name Department of Forestry and Fire Protection Project Name Madera-Mariposa-Merced UH Rplc Fac
--__ Year 2011 Est Project Completion Date
Date 4292011 Est Phase Completion Date
Loan Amount (1gt $ 46000---------- shy
Funds Disbursed to Date _$_____3_5--0_0_3_ Per SCO Report dated 33011
~ame of Bond Program Public Buildings Construction Fund
(1) (2)
Month and Original
Year middotProjection
Prioryrs
1
2
3
4
6
7
8
9
10
11
12
0 5
13
14
15
16
17
18
19
20
21
0 22
23
(3) (4)
Projections for
Actual the Next 12
Disbursements Months
8152017
NA
11122013
392015
8152017
(5)
Cumulative
Disbursements
Acquisition
pmiddotrelim Plans
Work Draw
Constr (Z)
Equip
Design-Build
(6)
Phase of
Project
(APWCE
D-B)
1383500
------------
13835
13 835
13 835
13 835
13 835
13 835
13 835
13 835
13 835
13 835
13 835
13 835
13 835
p
p
p
p
p
p
p
p
p
p
p
p
p
middotmiddotmiddotwl21 middot shy ri middot 5[4shymiddot middot~~t~W bull middot
~~) secti middot middot bull middot1bull __bullMmiddotgt~ middot middot middotmiddotmiddotshybull -bullshy middotmiddot middot L~-g~lzsect~~
bull J bull ljp_pp)~
- 45 129
- 45 129
- 45 129
- 45 129
- 45 129
- 45 129
- 45 129
- 45 129
- 45 129
- 45 129
- 45 129
(-1 htJndPd 11n Anr_-_12 usa1 - 46 000
(2 Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3 Projected Admin includes estimated fees from STO SCO and DOF
p
p
p
p
p
p
p
p
p
p
p
p
7108-4301 0
May-10
Jun-10
Jul-1 0
Aug-10
Sep-10
Oct-1 0
Nov-10
Dec-10
Jan-11
Feb-11
Mar-11
Apr-11
1116l11llbull lt middot
middot middot-
111gtCbulldmiddotmiddotmiddot middotmiddot -middot
May-11
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
57
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal ~
~
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs
PART I LOAN REQUESTBOND PROGRAM INFORMATION Jl~ (Completed by Requesting Department) middot hrtment middot I Total Project Appropriation
Forestry and Fire Protection _L~2085600000 Appropriation(s) to be Funded IStatutory Authority Ch 26808 Item 3540-301-0660 (1) Gov Code Sec 15830 et seq
Elus interest and admin _--___ I Department Contact I Title
Linda Webb -------middot-----middot-----middot-middot-middot---middot-----t Chiet_A~ou~ting Administator Dep~entDirectors Name (please print) ~ ~ Janet Barentson middot middot ~_ __ ~
I General Obligation RJvenue
FOR STO USE ONLY
lOlOblolPMIBNO
I Amount Requ~ted ~GGG~middot~-IDate Funds Needed
6172011I I i PhoneI (916) 653-8047
middot--middot~--middot--------middot--middot
ID~i5r Type of Bonds I D SelfLi uidatin D Non-SelfLi uidatin_____________q____g______________~____g____ I~ ~~WI___o Oth~----middot----middot--middot-middot------middot-------middot-Name of GO Bond Act Name ofSPWB or Other Project
Santa Clara RUH Replace Facility -middot-middot-M--WMO__________ ______________ ___________________ -igtrofectcontact(sPWi3-oi1ly)_____rigtI1Ciiemiddotmiddot-middot-middot---middot--middot----middot---
Appropriation to be Used for STO Admin Costs D GC SectiOn 167246 Belinda Swackhammer I (916) 322-1205
middot-middot-middot--middot-shy middot--middot-------middot--O_Qth~~-QSY_fgd_e~~~I~~shy _____ _g~~JS~~Eit~LQ~tlay_An~_l~-middot--middotmiddot-middot--middot--middot-----middot-------middot---middot- State Controllers Office Fund Phase of Project (select all that apply) Est Project Completion
DA ~pp DWD De DE Date 6132016
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following)
D To make advances to local governments I D To fund an escrow or condemnation deposit fiind ~ To pay vendors directly I D To finance loans to persons other than governmental entities D To reimburse local government for vendor payments ~ To make advances to State Architect Revolving Fund D In a trade or business carried on by anongovernmental person I IfYes specify DGS-PMB Project No 124684
~D To make advances to other state funds If yes specify ( ___ Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private business or from federal funds Yes D No~ (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No D If YES the repayments will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
________________~~middot~is~~~~~~~middotmiddot-------------middot------Tmiddot-R~so~i~~~~umber I Sale L Loan --middot CP Date
---middotmiddot ---middot--middotmiddot-middot----middotmiddotmiddot-----middot----shyLJ 10102008s~i~~igt~i1cYor~l~~EL=~~~~~===~-=~~~==~===~=~~=~===-~~~=====-_______L_=----middot-I--- leSJ
___ --+----o___J____w------1---~~=~~~~~~-~====~~ D I D
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
~ This appoundication is recommended for approval subject to the following conditions l8f First $ 3~pound0) 00 to be used to payreduce existing PMIB loan l0 IOOoJ D Reduce amount ofloan to$ _______
Conditions (if applicable) _D This ap_p_cati2_n is__lot recommended for __aEP~0__px_t~~_lublieFi~~~e Diyisi_21______middot--middot---------middot-------- shySignature Director Public Finance Division IDate
PART III RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
_]his request is recommended for Dapproval D rejection D modification ( - )proved loan amount Loan to be made no sooner than _ ---oan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sun~ay) from
the date the loan is funded -Signature Executive Secretary Date
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS middot
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I FoRSTousEoNLY
IPMIBNO l L I0 00~1
~~agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and __Pooled Money Investment Board (the Board) lends funds as specified below
Total project appropriationtl205600000 4 Proposed Funding Date 6172011 Loan Amou~t)(T(Wo M i rJD -1 At the discretion of the Board and upbn notice to the state agency this loan may be wholly or partially repaid using unexpended Ioanproceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds ofthe loan are to be used only for the purposes authorized for use ofthe proceeds of the sale ofbonds (Bonds) authorized by the following
~~~~middot~= ADMINISTRATIVE AUTHORIZATION The bond sale commercial paper if apoundQ_~able and this loan have been authorized by actions of administrative entiti~ as follow_ _________
i Administrative Entity I ResolutionOther Date I r-st~TePuhlicwork5Bo~~middotdmiddot----middot-middot-middot-~--middot middot---------middot---------- 1011oi2o-o8----middot---------- ---------middot-1
middot-middot-middot----middot-------==-=~===-~==-~~~~~~~~~~~~=~=1=~~=====-~=-~====~=~~==~~middot=~~~~~=~_I~===~~=-~~~=-=-==~==~--l The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special middot lited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation
Clhe State Legislature
LOAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
_PE~iation availabj_e for ~~~poundOS~___________________________middot---middotmiddotmiddot---middot-middotmiddot-------------middot---------middot---middotmiddot-middot-middot-------middot---middotmiddotmiddotmiddot State Agency Name
~~~f~~re~ndFire_~~middot~rnRJI~Facili_tj___~
~ --middot------middotmiddotmiddot-------middot--middot--middot-middot--------middot-middot-middot-middot--middotmiddotmiddot--middotmiddot----middotmiddotmiddot-middotmiddot-middot-middot---middot-middot-middot----middot------middot-middot------middotmiddotmiddot-middot----middotmiddot-----middot-middotmiddot--- o_JL___]t t~~~~~~~~~tds~~~~abl~~~-~~Co A A~~ ~-------------------- ----middotmiddot--middot----_1_[_Jf__J
POOLED MONEY INVESTMENT BOARD Jamp1lMIVEefRETARYS CERTIFICATION 1
IThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of I L===========-= ru~_the_~e ~~as_~~~---middot-------middot------middotmiddotmiddotmiddotmiddot---middot--------middotmiddot--------middot----middot-middotmiddot--middot-middotmiddot-----middot-------middot-------1
MEMBER AYE I NO
Treasur~-of~~s1a1e0r~_alifoffii~=~~~~==-~~===~==========~=~-------middot-middot--------------middot-middot--l_______________Controller ofthe State of California I
I Director ofFinance of the State of California _______l___________j________-j Conditions (if applicable) i
IfIEXeCutfvesecretarY0filiePOoledMQileYriWeStffien1B0ad___ Ioo~O I
cISTRYCTIONS TO CONTROLLER - middot __ V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest
----_The General Fund will pay interest Do not invest loan proceedsect)n SMIF Commercial Paper will be used to repay this loan Yes v No
Reserve $_______________ of the proceeds from this loan for Cost of Issuance PMIA interest and administrative costs
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(epartment Name Department of Forestry and Fire Protection Project Name Santa Clara UH Replace Facility
~~ Year 2011 Est Project Completion Date 6132016
Date 4292011 Est Phase Completion Date NA Acquisition
Loan Amount lt 1l $ 42000__________ 9302013 Prelim Plans
--~___ _ Funds Disbursed to 9302014 Work Draw__________
Date _$_____3_2_8_0_3_Per SCO Report dated 33011 6132016 Constr lt 2l______ _
~ame of Bond Program Public Buildings Construction Fund _______ Equip
_______ Design-Build
( 1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year Pro ection Disbursements Months Disbursements D-B)
941600Prior yrs 7108-4302010
1~-~~~+------~------~ 2~-____~~+------~-------~ 3~--~~+------~-------~ 4~-~~~+------~-------~
0 5
6
7 Nov-10
8 Dec-10
9 Jan-11
10 Feb-11
11
14 Jun-11
15 Jul-11
16 Au 11
17 Se 11
18 Oct-11
19 Nov-11
20 Dec-11
21 Jan-12
0 22 Feb-12
23 Mar-12
p
41 094 p
41 094 p
41 094 p
41 094 p
41 094 p
41 094 p
41 094 p
41 094 p
41 094 p
000 p
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
16
p p
16 p
16 p
16 p
16 p 16 p 16 p 16 p 16 p 16
9 416 p
p
T
Name of GO Bond Act
middot-middot-middot-middot-------------middot-middot--middot--middotmiddot---middot---middot---middotmiddotmiddotmiddot-middotmiddot
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal ~
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs FORSTOUSEONLY IOl Lmiddot PMIB NO 00101
PART I LOAN REQUESTBOND PROGRAM INFORMATION
__Jlus interest and admin--------middot Department Contact Linda Webb
-=-----middot-middotmiddot-middotmiddot-middot-middot-middotmiddotmiddot-----middotmiddot--middot--middotmiddot--middotmiddot---middotmiddot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot Department Directors Name (please print) Janet Barentson
T fB d I General Obligation ype~----~-~--__j_Q ~~lfdg_liEati~g___QJipound]~lfli_~idatin_g________________ O_Qt_J_l~~----middot--middotmiddot--middotmiddot--- -- -middot-middot-----middot--middotmiddot---middotmiddotmiddotmiddot---shy
Name of SPWB or Other Project Siskiyou Unit HQ Replace Facility
______________----_ ___________ Projecc-0iliaC-(sPWBoilly)-----_I-Igti10~e-----middot--middotmiddot------middot--------shyo GC Section 167246 Belinda Swackhammer (916) 322-1205 D Other ~~l=f~1__g~it~_Q~t~yenAJl~i~ L_____________ __________
StateControllers-Office Fund Phase of Project (select all that apply) Est Project Completion D A ~ PP D WD D C D E Date 812016
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) D To make advances to local governments I D To fund an escrow or condemnation deposit fund ~ To pay vendors directly il D To fmance loans to persons other than governmental entities D To reimburse local government for vendor payments ~ To make advances to State Architect Revolving Fund D In a trade or business carried on by a nongovernmental person I IfYes specify DGS-PMB Project No 124686
D To make advances to other state funds If yes specify IJWill any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private
business or from federal funds Yes D No~ (For Revenue Bonds only) 3 For departments using these funds to make grants or loans Are repayments expected Yes D No D If YES the repayments
will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
~ This application is recommended for approval subject to the following conditions ~ First$ L000 1 oo to be used to payreduce existing PMIB loan l0 DOO$ D Reduce amOJnt ofloan to $------ shy
Conditions (if applicable) _D his-~EP~a__ion_is n()_]~comm~p~-~~flt~~EPIS~~poundY_~e ~ublic_E~nance J2ii~~()E_____________________________________ Signature Director Public Finance Division Date
PART Ill RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval 0 rejection D modification
( proved loan amount Loan to be made no sooner than-=--------- shy-~dan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from
the date the loan is funded=middot=--------middot----middot---middot--------------middot----middot- -middot-middot-middot---------- shySignature Executive Secretary Date
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
-------
-------_______
-------
2
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
03partment Name Department of Forestry and Fire Protection Project Name Siskiyou UH Replace Facility
---- Year 2011 Est Project Completion Date
Date 4292011 Est Phase Completion Date
Loan Amount lt1gt $ 144000---------- shyFunds Disbursed to
Date _$____108055_Per SCO Report dated 33011
~arne of Bond Program Public Buildings Construction Fund
( 1) (2)
Month and Original
Year Projection
Prior yrs
-1
2
3
4
6
7
8
9
0 5
15
16
17
18
19
20
21
Feb-12(J22 23 Mar-12
(3) (4)
Actual
Disbursements
Projections for
the Next 12
Months
812016
NA
6302013
____________1112014
812016
(5)
Cumulative
Disbursements
Acquisition
Prelim Plans
Work Draw
Constr lt gt
Equip
Design-Build
(6)
Phase of
Project
(APWCE
D-B)
7108-43011
10
Jun-10
Jul-1 0
Nov-10
Dec-10
Jan-11
10 Feb-11
11
14 Jun-11
Jul-11
11
11
Oct-11
Nov-11
Dec-11
Jan-12
111 30029 111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300
111 300
143 391
143 391 p
143 391 p
143 391 p
143 391 p
p
143 p
143 391 p
143 391 p
143 391 p
144 000 p
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with Joan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewali8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs ~~r~u~OLY 1oIoOlo3
PART I LOAN REQUESTBOND PROGRAM INFORMATION
~----------------------~====~~~==~~==7~~--~~--~--~--~~--~t _)rtment Forestry and Fire Protection Appropriation(s) to be Funded Ch 26808 Item 3540-301-0660 (3)
Ius interest and admin ------middotmiddot+-MDepartment Contact I Title Linda Webb J Chief Accounting Ad inistator
middotmiddotnepartment nireciltirs-Name-(jj-iea5-epri-ii)-middotmiddot---middot--middot---middot---middot--middotmiddot-middot-middotmiddotmiddot-middotmiddot----middot-r-middot------n-imiddotemiddot---middot---- ------middotmiddotmiddot-------middot-middotmiddot+
Janet Barentson
2ype o~~~~-~~~_j__o~~~~ DtJ~~~lflJ_q~~~~g________ ~1i~___o_othe_middotmiddot-----middot---middot--middot------middot---middotmiddot-----middotmiddot-middot---middot-middot- shyName of GO Bond Act Name ofSPWB or Other Project
Vina Helitack Base Replace Facility
~i~~~F--~~6middot~=~~---------middot-middotmiddot-middot--middotmiddotmiddotmiddot--middot-middot---middotmiddotmiddot-middot-middot-middot-middot-middotmiddot-middotmiddotmiddot----middotmiddotmiddotmiddotmiddot-o_Q~E_~r 9lt~ CoA_~ ~-~c__ 11~middot-middot--middotmiddotmiddotmiddot-middotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddot-middot __g~=f~~2-~~~LQ_Etla__~p~~Y~_t______middot---middotmiddotmiddot-middot-middotmiddotmiddot-middotmiddot--middotmiddotmiddotmiddot--middot-middot-middotmiddotmiddot-middot--middotmiddotmiddot-middot-middotmiddotmiddot---middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot State Controllers Office Fund Phase of Project (select all that apply) Est Project Completion
D A 18] PP D WD DC DE Date 112016
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments I D To fund an escrow or condemnation deposit fund
181 To pay vendors directly I D To finance loans to persons other than governmental entities 0 To reimburse local government for vendor payments I 181 To make advances to State Architect Revolving Fund 0 In a trade or business carried on by a nongovernmental person 1 If Yes specify DGS-PMB Project No 124824
~0 To make advances to other state funds Ifyes specify (J Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private
business or from federal funds Yes D No 181 (For Revenue Bonds only) 3 For departments using these funds to make grants or loans Are repayments expected Yes D No D IfYES the repayments
will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
~~-b~~~I i D I D D Ii
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
I8J This application is recommended for approval subject to the following conditions ~ First$ Lj4 QO() 6~ to be used to payreduce existing PMIB loan 0 DOOY 0 Reduce amount of loan to $ ------ shy
Conditions (if applicable)
11 T~s~PPicati0]-_~~_9t recomme~~~ for ap_p_Qvaljgtx_~l_l~fublic fina~~_Qi_yl_sl_~---middot-----middot-----middot--middot--middot--middot-middotmiddot-middot--middot-----middot-middot------Signature Director Public Finance Division I Date
PART III RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
~This request is recommended for Oapproval D rejection D modification ( )proved loan amount Loan to be made no sooner than _________ -4oan is due 364 days (or the next preceding business day ifthe due date falls on a state holiday a Saturday or a Sunday) from
the date the loa~J is funded -------middot---------middot---middot----------------middotDate--middot--------middot---- shySignature Executive Secretary
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs GoRsTo usE oNLY
IPMIB No loIooto3 agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and -~)ooled Money Investment Board (the Board) lends funds as specified below
Total project appropria~ion $1306200000 Proposed Funding Date 6172011 Loan Amount-$5000666r 1JQgt ODD 6b S T At the discretion of the Board and upon n6tice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special ---(ted obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation
( he State Legislature ~
LOAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
c_bullc croia91_~va~1~~1~ for suchE~lt-~-~____middot--middot------middot----------middot-middot---middot-middot-----middot----middot--middot-middot--middot----middot-----------middot----middot--middot--middot----------middot--middot-middot----------~ ate Agency Name i e art~_~_t of F~~EL~nd_~ire ~ro__~~~E-=Yl~~ H~ita_~~~~e=J~plac~_~~ili~Y--_middot-middot-middot----middot--~Q~~M~~~jpound~~~ 124sect~~-1 rectors Signature I ate 1 -n=~~middot~---~- ii~1-l rpooiED-MoNEviNvEsTMENTB-OAM~n~-iARvmiddots-middotcERTiFicAnoN--middot--middot-middot--middot---middot-middot f-Lf_Jt__1I V~CRE l
lj The Pooled Money Investment Board approved this Joan pursuant to Government Code Section 16312 in the amount of i =========== and the vote was as follows I
r~~~~~=~==--=-~~ i Controller ofthe State of California i i Director ofFinance of the State ofCalifm~ia middot-------middot-middot----middot-- -----middot-------middot---~----------1 --------middot - -------------middot-----middot---- ----------middot---- -----middot--------------middot---i
Conditions (if applicable) middot I -Executive Secretary of the Pocilect MoneyInvest~tBoardmiddot--------middot-------middot-middot------middot-----------middot----r-Date----middot-middot-~ i I
(~~)TJ3UCTIONS TO CONTROLLER -1
i __ Proceeds from this Joan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest
-=---The General Fund will pay interest Do not invest Joan proceedsect-in SMIF Commercial Paper will be used to repay this Joan Yes No
Reserve$_______________ of the proceeds from this loan for Cost oflssuance PMIA interest and administrative costs
-------
-------
7108-43010 22 55600
M
2~-~~~~------+---------~ 3~-____~~~----------+----------- 4~-_~~~------+--------
Nov-10
Dec-1 0
Jan-11
Feb-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
51 000 p
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
Rev (610)
MIA Loan Request for Revenue Bond Programs 1oleO~s ashflow Statement
(partment Name Department of Forestry and Fire Protection Project Name Vina Helitack Base Replace Facility ---_
Year 2011 Est Project Completion Date _ ___11__2__01--6__
Date 4282011 Est Phase Completion Date NA Acquisition
Loan Amount (1l $ 51000 612013 Prelim Plans __________ _ _____=___612014__Work DrawFunds Disbursed to
Date _$--___4_17_3_2_Per SCO Report dated 33011 112016 Constr(2l
~ame of Bond Program Public Buildings Construction Fund -------Equip
-------Design-Build ( 1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year P ction Disbursements Months Disbursements D-B)
Prior yrs
1
0 5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
0
22
p p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p p
State of California- State Treasurers Office LOAN REQUEST New Loan 0 Renewall8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs PMIBUN01Y I0 I 00fo4 PART I LOAN REQUESTBOND PROGRAM INFORMATION
~ (Completed by Requesting Department) artment Total Project Appropriation Amount Requested fl)fI
~ 6-estry and Fire Protection $4553400000 bull ~0t11~1 (Ji) v v Appropriation(s) to be Funded -- 7-llj StatutoryAumiddot--th-o-ri--ty-----------L--=-bull-=Da_te-F-u-n-=-ds--N~eed-edCh17107 Item 3540-301-0660 (8) 1 Gov Code Sec15830 et seq l 6172011
plus interest and admin I IDepartment Contact -----------middot--middot------middot---+1-=Title---------middot--------+middot-pmiddot-h-o-n-e_______
Linda Webb middot IChief Accounting AA_ministator L(916) 653-8047
~=~~~~~~~rsName(i)ieaieprint) middot--------middot-middot---middot------~~_plusmni Q--- tf5J IJJ
Revenue [gj SPWB D Other--=-----middotmiddot--middot--middot--------middot-----middot---- shyName of SPWB or Other Project Growlersburg CC Replace Facility
-M-middot-~-~-M ---middotmiddotmiddot----middot-------middot---middot-middot--middot-middot---middot-middot Project COntact (SPWB-Only) ------middot-middot-middot-T-PhODe--middot----middotmiddot--middot-shy
~~~~~~~i~o~~~____B__ g~~~r~Q~~~-~~~~~J~1-- -~~t~~~~~~l-~~~Y~J~~-~~~~~~-~-~-~~---middot----middot-middot- State Controllers Office Fund Phase ofProject (select all that apply) Est Project Completion
0 A 18] PP D WD 0 C 0 E Date 4302017
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) D To make advances to local governments J 0 To fund an escrow or condernnationdeposit fund 18] To pay vendors directly I 0 To fmance loans to persons other than governmental entities 0 To reimburse local government for vendor payments 18] To make advances to State Architect Revolving Fund 0 In a trade or business carried on oy a nongovernmental person i IfYes specify DGS-PMB Project No 124628 0 To make advances to other state funds If yes specify
( Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private ~)business or from federal funds Yes 0 No 18] (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No 0 If YES the repayments will be used to D pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
---middot---middot-----middot----- ~dmi~is~~ive-i~i~--middot- middot-----middot---middot---middot---middotrResol~~oi~~~ber --~~~-~-middot Loan cp Date
-middot-----middot-----middot--middot-----middot-middot--middot-----middot-middot---middot---------middot--middot---______--l___________+-middot-middotr=middotmiddot-middot--t--middot--~middot--middot----middot--r=-middot--middot-middot+-middot-----middot----middot--middot---middot-11
~~~-~li~_F2Eks ~Q~~-- --middot-middot--middotmiddot--______middot--middot----middot------i---- -- [ J middot rgj LJ middot--~pound~~QQ-
--middot-middot-----middot--middot _ ________middot-middot--middot-middot-+---middot--middot--middot-- --lr--blo -middot-middot-61___ ----middot0 shy--- _middot---middot--middot--middot--middot-middot----middot----middot------ --- ____ __ middotmiddot--middot--------- ____ D I 0
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
181 This application is recommended for approval subject to the following conditions ~ First$ 15lti10QQ 0deg to be used to payreduce existing PMIB loan l C fXgtO 5 D Reduce amount of loan to $ _______
Conditions (if applicable)
JJ3~~~is tJot recotru~_tJ_~ed for -EP9Y~~~he P~bli~X~~_Ece Divis_9g__________~-middot---middot-------middotmiddot---Signature Director Public Finance Division Date
I PARTIII RECOMMENDATION
(Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval 0 rejection 0 modification middot Loan to be made no sooner than _________
~oan is due 364 days (or the next preceding business day if the due date falls on a ~tate holiday a Saturday or a Sunday) from the date the loan is funded--------middot---------------- shy ---------------------------middot shySignature Executive Secretary Date
( shy ---)Proved loan amount
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I~~I~u~crLYf o1oo~y (agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ~1ooled Money Investment Board (the B~ard) lends funds as specified below
Total project appropriation $4553400000 C( Proposed Funding Date 6172011 Loan Amount $175666600-- 1l 11 S ODD C5b At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds ofthe loan are to be used only for the purposes authorized for use of the proceeds of the sale ofbonds (Bonds) authorized by the following
ADMINISTRATIVE AUTHORIZATION rThe ~o~d sale _ltom~ercia_Paper if aPQiicable a~d this IO~f_lVe been authorizlaquo_c_~Y~~tilaquoJns of a~_nistrativ_laquo__ctitie~as foll_Q_ws ---middotmiddot--- 1 Admllllstrat1ve Entr_l ResolutwnOther 1 Date i
r~st~~~~blipound~~~~~3o~i~----middotmiddot~=~~===~_l_======~~=~=~=-==-===~==r-_2~(~Qii==~~=---==-=~====~-~l t=~==~~~=~=~=~~~~====~=~~==~==~=~=~~~----middotmiddot-middotmiddotmiddotmiddotmiddotmiddot -middotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot---middot-middotmiddotmiddot--middot--middotmiddotmiddot-middot--middot-middotmiddotmiddotmiddotmiddotmiddot---middot-middotmiddot-middotmiddot-----middot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot---middot middotmiddotmiddotmiddot---middotmiddot-middotmiddot-==~~~~~===~=~~~~~==~====~~~j
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special ---ited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation
( e State Legislature ______
LOAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
ro ri~i~~~~ailabl~f~_su~hJ21pound~~~middot=-middotmiddotmiddotmiddot-middotmiddot--middot-middot-middot-middot-middotmiddot----middot--middot--middot-middot-----middot--middot---middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-------middot--middot-----middot---middot--middot-middot-middot--middotmiddotmiddotmiddot-middotmiddot-----middot--middotmiddotmiddotmiddot---middotmiddot-middot---middot-middotmiddot-middot--shy~N~ I
o(~_ltgtE~~_J_and ~r_e PE~~tio_- G~ersJl~_g__ltf__~p-~-~-~~~j_l_iY-_________________________pG~~ll~~j_~~t ~~~~~
~~~----------~~~poQiEDMoNEYJNiiEsTMENT~CREJARYSCEiiTIFiCATION---~ The Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of 1
~-----=--~~~~~~--=--=~~~==~-=~~-~~~~==-~=~==~~~~~~~~====~-=--middot --middot-r--==~~~n~~==~= ~=~-=- 1Treasurer of the State of California --Controllero-ftheStateof Californiamiddot ------middotmiddot-middotmiddot middot-middot----------middot---- shy
~_~~=~~ SretoofCampifoffii =-==L-_ -----= I Executive Secretary of the Pooled Money Investment Board IDate I
~rfirucTIONS TO CONTROLLER J V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest ___ The General Fund will pay interest Do not invest loan proceeds in SMIF Commercial Paper will be used to repay this loan Yes V No
Reserve $__~____________ ofthe proceeds from this loan for Cost ofissuance PMIA interest and administrative costs
Rev (610)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
i~partment Name Department of Foresty and Fire Protection Project Name Growlersburg Conservation Camp ---shy
Year 2011 Est Project Completion Date
Date 4292011 Est Phase Completion Date
Loan Amount lt 1l $ 1751000
Funds Disbursed to Date $ 1 587371 Per SCO Report dated 33011
~arne of Bond Program Public Buildings Construction Fund
Priory
0
(J
rs
(1) (2)
Month and
Year
7107-4302010
Original
Projection
(3) (4)
Actual
Disbursements
Projections for
the Next 12
Months
1 632 5071)
1 May-1 0 -2 Jun-1 0 -3 Jul-1 0 -4 Aug-10 -5 Sep-1 0 -
6 Oct-10 -7 Nov-10 -8 Dec-10 middot -9 Jan-11 -
10 Feb-11 -11 Mar-11 -12 Apr-11 -
gti bull ~68911hter~~k~illlliili11famptilt0l~lt middotmiddotmiddotmiddot~
_ __430-=2017___
___NA~-- Acquisition
10302012 Prelim Plans
10302013 Work Draw
4302017 Constr lt2l
______ Equip
_______ Design-Build
(5) (6)
Phase of
Project
Cumulative (APWCE
Disbursements D-B)
1632507 p
1 632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1632507 p
1 632 507 p
1 632 507 p libullcmiddot~()qbull1 JjjfJS~~ ~middot I~Adr~~EN~I3l~~IZ middotd28tBni [D ~ G
lmrrKmiddotbullymiddot~r 1~b bull 11 v (5btJ()bi May-11
14
13
Jun-11
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11
19 Nov-11
20 Dec-11
21 Jan-12
22 Feb-12
23 Mar-12
(1 bullllnrlFrl lln Anr_j ) bullnno~n-4IHV-u
p1 750 824-p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824-p1 750 824 -p1 750 824 -p1 750 824 -p1 751 000 -
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
I
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal~
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs IPMIBUNO~LY 0 l DO laS PART I LOAN REQUESTBOND PROGRAM INFORMATION
(Completed by Requesting Department)
( rtment Total Project Appropriation 9Arnount Requested ~ 1shymiddot__ middotltartment of Education j SNQJS3Q()G66 -(J_vnDO() 1 $52800hl)0 ~z~ lt)C)O
Appropriation(s) to be Funded IStatutory Authority j Date Funds Needed Chapter 171 Statute of2007 Item 6110-301-0660(3) I Government Code Section 15830 1 6172011
I I I
Department Contact i Title I Phone Allen Young j DCMS 1 916-445-4557 Department Directors Name (please print) I Signatur~tPfA ID~~1fRichard Zeiger Chief Deputy Superintendent l k If
IGeneral Obligation Revenue (jType ofBonds ~SPWB 0 Other0 SelfLj91_Qatigg___ONpn-S~)fLiguidating -
Name ofSPWB or Other Project Academic Support Cores Bus Loop and Renovation
Name of GO Bond Act
-----middot---------------~-Project Contact (SPWB Only) ~ Phone middot
middot-middot~~ STO AdniE_Sost~---~ Other 9~middot15~_30 Appropriation to be Used D GC Section 167246
)e bb1-e WokM ----------middot(~I()-~~liD__ State Controllers Office Fund Phase of~ct (select all that apply) Est Project
D A Iamp] PP l WD D c DE D D-B Completion Date 4282014
Use of Loan Proceeds 1 Will any ofthe loan proceeds be used (Please check ifanswer is yes to any ofthe following)
D To make advances to local governments i D To fund an escrow or condemnation deposit fund IZJ To pay vendors directly I D To fmance loans to persons other than governmental entities D To reimburse local government for vendor payments I IZJ To make advances to State Architect Revolving Fund DIn a trade or business carried on by a nongovernmental person If Yes specify DGS-PMB Project No 124637 D To make advances to other state funds If yes specify
=)Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private business or from federal funds Yes D No IZJ (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No D IfYES the repayments will be used to D pay debt service or D to fund more projects middot
ADMINISTRATNE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES - lResolution Number I s T~--~--C~---Tmiddot---~ t
Administrative Entity i 1 1 1(GO ONLY) a e oan a e I i I i I--middot- shy
State Public Works Board------middot-____ - l -----=r -B-t---~-t--B- middot-F 9il42~o7___ _____
--middotmiddot--- 1 d--1--o---r-middoto---r-middot----shy1
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
lXI This application is recommended for approval subject to the following conditions ~ First$ 50(pJOOO 00 to be used to payreduce existing PMIB loan Of 000fo D Reduce amount ofloan to $ _______
Conditions (if applicable) Jd This aeelication i~ not r~commend~~ for aeeroval by the Public Fin311ce Divi_~_lmiddoto=nc__________-=----------- shySignature Director Public Finance Division j Date
I PART III RECOMMENDATION
(Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Dapproval D rejec~ion D modification -A-uproved loan amount ~ ~ Lo8p Jo be made riosooner than ( n is due 364 days (or the next preceding business day if the due date falls on a state holiday-a~s=-a-t-u-rd-=-a-y_o_r_a_S_u_n_d_ay) from
-ufe date the loan is funded middot Signature Executive Secretary Date
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I FOR STO USE ONLy
I PMIB NO I 0 I 00 5 l
Tb--agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( Jed Money Investment ~ard (the Board) lends funds as specified below -- j I 111Y27oOO Total project appropriation $163839QQOO Proposed Funding Date 6172011 Loan Amount $i1800fiOO E ~ 1OtgtO ~ At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business daymiddotifthe due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following ~tatu_es (Bo~-6~--- _ middot ___ l~h 171 Statute of2007 Item 6110-301-0660(3)shy middot=J ADMINISTRATIVE AUTHORIZATION The bond sale commercial ~er if lpoundPIicable1 and this loan have been autho~ized by_actions of administrative entities as follows
Administrative Entity I ResolutionOther I Date l
t=~te Pu_~ic ~orks Boar~=-~=~~--middot-r-~~~~~RRiova~~---------L~~~=-------middot-middot-middot-----middot--j The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the statemiddotagency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subJect to appropriation by the State Legislature
(~N RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
__IRl~l_i_~~~~ available foi_such_p~~~~
IState Agency Name middot -------1 __)~~artment of Educatio_n___ middot---- shyi Directors Signature llJpoundJmiddotState Public Works Board (if applicable)
Administrative Secretary Signature ~==~~~----~~21-tL__1
POOLED MONEY INVESTMENT BOARD EXECUTIVE SE-fl--f1
The Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of 1 and the vote was as follows
MEMBER ----+~middot-middotA_YE J N_0_1 Treasurer of the State of California ~
Controller ofthe State of California DirectorofFinanceoftheStm~-o~f~C~a~l~ipound~orn-~ia------------------middot--------------------~-------------------~--------middot
~--~--~--~777-------------------------------------------------~-----------------L-------I Conditions (if applicable)
Executive Secretary of the Pooled Money Investment Board Date
INSTRUCTIONS TO CONTROLLER0 V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest ~ ) The General Fund will pay interest Do not invest loan proceeds in SMIF
ccfmmercial Paper will be used to repay this loan Yes No
Reserve$_______________________ of the proceeds from this loan for Cost oflssuance PMIA interest and administrative costs
l
______
______
Rev (610)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(apartment Name Department of Education Project Name Academic Support Cores -~
middot Yea~ 2011-12 Est Project Completion Date 4282014
Date 472011 Est Phase Completion Date ___n~a____Acquisition
Loan Amount (1gt $ 529000___----=~~_
Funds Disbursed to Date _$___504l54_6_ Per SCO Report dated 33011
~ame of Bond Program Public Buildings Construction Fund
(1) (2)
Month and Original
Year Projection
Prior yrs
1
2
3
4
5
60 7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22 ~ 23
U 24
(3)
Actual
Disbursements
(4)
Projections for
the Next 12
Months
__5132_01_1___ Prei i m PI a ns
__4122_012=--- Work Draw 2282014
-~=___
(5)
Cumulative
Disbursements
Constr (2l
Equip
Design-Build
(6)
Phase of
Project
(APWCE
D-B)
(1) Rounded up to nearest thousand
47202054
232950
~~r~~~~~~i~~11
299f8gt4~g~middotmiddot~~-~~ ~ bullbullbull I ~~~~H~ bull J
ltfAmiddotIf~t17~1middot~middotamiddot no bullbull lmiddot pound~ 1 1 1it bullbull bull bull
middoty-ltbullbull11~~~)~~~-~~f~~f~middott- ~50(~00
472021 D
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 p
474350 p ~tgtpound~~a~1~~c 1) bull t~ ( ~
lt-Cimiddot~c~- 504middot309 IFIitiNr~ ~v~middot bullfg(7ff ft(bull-- 528middot 9373~~~i~~t~ ~-middot~ ~ ~0i~t~~nr1~
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
529000 p
12008-5201 0
Jun-10
Jul-1 0
Aug-10
Sep-10
Oct-10
Nov-10
Dec-10
Jan-11
Feb-11
Mar-11
Apr-11
May-11
JH_ter~$t~f~~n~~~-~i~~~ g8ffil81f~~j~~i
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
Apr-12
May-12
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal [8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs PMI~~~~LYr o( oos l
PART I LOAN REQUESTBOND PROGRAM INFORMATION Com leted b Re uestin De artment
middot ~~~mhn~e~n~t------------------------~~==irr~r~~==u~~-~==l~IFTT~om~lfP~r~~~middotedct~A~pprop~ri~a~tio~n~--fjAk~n~ou~nt~RR~~ues~ro~-----i~ _ i ~05300000 Go nr lTi~ntal ___________ Health ~~~~I D1 Qlt)------------middot-middot--1 $6589066-00-middot--middot--------middot-----middot-middot---middot-L____ ___________________________________________ -- shy
Appropriation(s) to be Funded Statutory Authority I Date Funds Needed Chapter 1712007 Item No 4440-301-0660(2) Government Code Sec 15830 et seq ~26~611 tmiddot7-
middot-middot----------middot--middot------------middot--middot-middot------------ ----middot-middot--middot--middot--------------- --------shyDepartment Contact Title j Phone David Harner middot Chief Hospital OpeationsFiscal Supp I (916) 654-3600 middotn~~~~~~s-~~~~~~t)middot-----middot------ --______rsiinatre-------------~----~ -middot~---middotr~=~~-----middot-middot---shy
i General ObligationT 0 fB dype on s D Self Li uidatin D Other N~~-roo i3-0~ltLA-t----middot-q_ltgt-=---~~-middot=-middot-middot==-middotO~-==--middot--middot---middotmiddot--ll-middot-a-nmiddot-e--o-f-sPWB_0middotzoihd_Pro]eCimiddot------middot--middot-middot-middot-middotmiddot-middot-middot-middot-middot-------- ---
tascadero State Hospital 258 Bed Hospital Remediation API-jricrti~-~i~-b~-u~~-- o___ltic~ti~~-i-67246middotmiddot--middot______ middotoject-cmiddoti-aCt(srwmiddoti3-o~l)r)______r-yJ10ilemiddot---middot--_ ____
~~i2~fo~~Ife~~s~f-fi~=c-middoteFD=ubullndo~hccer=~~=--- uDmiddotmiddotmiddotamiddot-$middotmiddot~~~~-~~-
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments -~ D To fund an escrow or condenmation deposit fund 0 To pay vendors directly i 0 To finance loans to persons other than governmental entities 0 To reimburse local government for vendor payments [8] To make advances to State Architect Revolving FundJ
0 In a trade or business carried on by a nongovernmental person i If Yes specify DGS-PvfB Project No 124473 0 To make advances to other state funds If yes specify
I Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private ~J business or from federal funds Yes D No [8J (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No O If YES the repayments will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
obullbullobullbullbull-bull-bullbullbullbullbullbull~bullbullbull--bullbull-_________________HH----__--f-MH-bull0bull----middot-middot--bull-bullbullbullbullbullbull-1-----MMI--MO-
Administrative Entity Resol~~ioo~L~umber I Sale i Loan I middot CP i Date -___--middot-middotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot----middot-middot--middotmiddotmiddot--middotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot----middot-middot-middot-middotmiddotmiddot-middotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot--- middotmiddot-middot----middotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddot-middot-middot-middot-_-middotmiddotmiddot-middotmiddotmiddot---middot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot---__L---middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middot State Public Works Board i 0 I [8] 0 7132007- ___ ______________- 1_ 0
u- - ____+- ~~--I0 I
PART II RECOMMENDATION AND CONDITIONSshy(Completed by Public Finance Division of the State Treasurers Office)
~ This application is recommended for approval subject to the following conditions 0 First $ tlt bj used to payreduce existing PMIB loan __middot___ Kl Reduce amount ofloan to$ (DJ as JQaOO
Conditions (if applicable) middot
-~iniz~~~51~~E~u~ii~~~~~~~~~yent~d_f~r~EPr~~-~~L~~~~EJi~~il~~~-2i~i~ilt~--middot----___________________loaie--middot---_________
I
_
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval D rejection 0 modification middotj-middot~proved loan amount i _ Loan to be made no sooner than
an is due 364 days (or the next preceding business day if the due date falls on a state holiday_a_S_a-tu_r_d_a_y_o_r_a_S_u_n_d_a_y) from the date the loan is funded
Signarme E~etive Secretacy-----middot---middot-middot--middot-middot-middot------middot--------------------------middot--middotDate----------middot----------middot---shy
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
s agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( 1
bull ooled Money Investment Board (the Board) lends funds as specified below ~ ~ Total project appropriation $659800000 ~ Proposed Funding Date 51262611 G I J Loan Amount ~9S300()()0 -o-12-S bO
At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the Joan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Mpney Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale ofbonds (Bonds) authorized by the following statutes (Bond Act) rmiddotmiddotchapt-i7iifoo7~it~~-N~~444o3oio66o(i)- - -middot-middot-middotmiddot- middot-middot-middotmiddot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddot-middotmiddotmiddotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddot--_---middotmiddotmiddot-middot-middotmiddot-middotmiddot----middotmiddot--middot-l bull--bull-bull-Hbull---middot--middot-middot----bullbullbullbull--bullbullbull-bull-________________m_______________________________________l
ADMINISTRATIVE AUTHORIZATION _~_P-~f~l~-~-ltial_p_lPtJLlP~ipound1tltd tl~Jll_l~~-~~~ll~-~-I~~~EiY_~iQ~~-lfl~ilJ~rl~~-i~~flJ2)VS middot-------middot- Administrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act pennits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation by the State Legislature
OAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~EPE9Pi~i9P~Y~i~~~f9E_S~~hP~-9~~__________________
L~~~~~~~rM~n~ ~l~-middot-middot--__------middot------_ ___________________ ---middotmiddotmiddot J
~~-~~~~-----~~~~ L~~~~~-imiddot~middot~middot~middot~middoti~~~_S~~~~~-r ____d____-_________- __l~~gtltltlJI POOLED MONEY INVESTMENT BOARD EXECUTIVE SECRETARYS CERTIFICATION i 1IThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of __ and the vote was ___ as follows __- - __ r---middot-middot- __ ____ ______ ____ ___ ___j
~~~~~-~-plusmn=~- Director of Finance of the State of California
middot----middotmiddot-middotmiddotmiddot--middot~middot---------middotmiddotmiddot--middotmiddot-middot----middot-middot---middotmiddotmiddot-middot---middot-middotmiddot-----middot--middot-----------middot-middot-middotmiddot---middot-middot---middot--------middot-middot-----middot--middot---middot---middot--middot--middotmiddot--middot-middot----middot-middot--1-~--~middot~middotmiddot--middot-middotmiddotmiddot-~~ Conditions (if applicable)
middot-E~c~tivmiddots~~~tarymiddotrmiddotilieP~~~~dMo~-~YI~~t1 Boad-middot-middot--------middot-middot-middot-middot-------middot---- ________________ __TD~t~-middot-middot------middot-middot1 i ~-----middotmiddot---middot-middot--_________- ---middot--middot-----middot----middot----------middot-middot--middot-middot----------middot-------__________J____________l
INSTRUCTIONS TO CONTROLLER I i ~ 1 ~-~ Proceeds from this loan should be invested in the Surplus MoneYinvestirtent Fund SMIF earnings and bond proceeds will pay interest
) The General Fund will pay interest Do not invest loan proceeds in SMIF lCommercial Paper will be used to repay this loan Y~s middot - V No
Reserve $ _______________ of the proceeds from this loan for Cost of Issuance PMIA interest and administrative costs
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(epartment Name Department of Mental Health Project Name Atascadero 250-Bed Remediation ---_
- Year 2011 Est Project Completion Date 10302010
Date 412011 Est Phase Completion Date Acquisition
Loan Amount lt1l $ 6125000 Prelim Plans
Work Draw Funds Disbursed to Date $ 6038196 Per SCO Report dated 52411 1112009 Constr lt2l
~ame of Bond Program Public Buildings Construction Fund Equip
Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year Projection Disbursements Months Disbursements D-B)
0
Prior yrs 571970200 5719702
1 May-10 1302600 5732728 c 2 Jun-10 1336000 2142000 5754148 c 3 Jul-10 1336000 1882900 5772977 c 4 Aug-10 1336000 5772977 c 5 Sep-10 1336000 183700 5774814 c 6 Oct-10 334000 601200 5780826 c 7 Nov-10 384100 5784667 c 8 Dec-10 133600 5786003 c 9 Jan-11 5786003 c
10 Feb-11 5786003 c 11 Mar-11 5786003 c 12 Apr-11 6925800 5855261 C
~~~~~]~mlftltttt~bull~~~~~~~~~~~~~=~~~~~~~l~riir~ 13 May-11 500000 6110238 C
C14 Jun-11 500000 6115238
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11f-------1
191--_ _N__o_v_-11j
20 Dec-111---____--1 21 Jan-12
1--------1
~ 22 Feb-12 (___j 23 Mar-12
1---______~
(~~ nrlrl Anr_-_1 ) housand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application bull
(3) Projected Admin includes estimated fees from STO SCO and DOF
500000
500000
6120238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125000
c c c c c c c c c c
State of California- State Treasurers Office LOAN REQUEST New Loan fZ1 Renewal 0
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs II ~o~~LNO~LY ( 0 OOltoC
~ PART L LOAN REQUESTBOND PROGRAM INFORMATION f~ (Completed by Requesting Department) bull artment I Total Project Appropriation Amount Requested -corrections and Rehabilitation middot i $30000000000 I $682600000 middot----middot~---------middot--middotmiddot--middot-middot------middot----middot--middot----------------------middot------------middot--lmiddot------middotmiddot----middot-----middot-middot-middot-middot-l---middot-middot--middot-middot-----middot------- shyAppropriation(s) to be Funded ~71B -~ Statutory Authority I Date Funds Needed SB 81 Ch 17507 (as amended 8rpoundG 1828 Ch 729Mf) i Welfare and Institutions Code Chapter I 6182011 5225-801-0660 6101753 M3 l 15 Article 3 Sectio~970 1~11 I
_-Q~-~-X~~~fl9ffeE~~ Reh__Qilit~_i~~EiiEJ~~hasc I_ middot ~t1fgtDepartment Contact Titl~---middotmiddot--middot---middotmiddot------middot---middot----middot-middot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middot----middotmiddotmiddot-middotrmiddotPho~middot~~--------
i~~~~ffi(~O~~~~~-~-T fB d J General Obligation ReVeiiue
-N~~~~orb~middotmiddot~dAsp-elfAg~icI~~rg____0_~_21~-eJf-Jgi9_ainK--middotmiddot middotmiddot-~~~~~s-PPs~~~~tilmiddot~middotmiddotmiddotr~o-t~middotmiddot----131Bmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddot--middot--middotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddot-middot--middot-stanislaus County Juvenile ~ommitment Center
Appropriation to be Used D G C Section 167246 Project Contact (SPWB Only) I Phone middot~middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot
for STO Admin Costs D Other__ Darlene Maston I 916-255-2237 state con tr~ji~~middot~middot-middotorfi~middot~middotmiddotp~~imiddottc-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-shy middot-middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddot middotmiddotmiddothasemiddotmiddotrjgtmiddotJ-~middotimiddotmiddotcseTeZimiddotmiddotaIcmiddotmiddotitmiddotmiddotmiddot~iJmiddotiJiy)~middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotpoundsimiddotj~~middotCiTe~i-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot
0 A 0 PP 0 WD fZI C 0 E 0 D-B Completion Date 2152013
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments I 0 To fund an escrow or condenmation deposit fund 0 To pay vendors directly 0 To finance loans to persons other than governmental entities fZI To reimburse local government for vendor payments 0 To make advances to State Architect Revolving Fund D In a trade or business carried on by a nongovernmental person 1 If Yes specify DGS-PMB Project No (J0 To make advances to other state funds If yes specify
--A Will any part of the debt service on the bonds tl1at secure this loan be either secured by or paid from property used in a private business or from federal funds Yes 0 No fZI (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No O IfYES the repayments will be used to 0 pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
-----~i~-- fRol~I~~~~-----G~--~~~=~~=====Famp~=t=l==gF~
(
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
0 This application is reconnnended for approval subject to the following conditions D First$ to be used to payreduce existing PMIB loan _____ D Reduce amount of loan to $ _______
Conditions (ifltpplicable)
_O Ii~__ppJLc~ti~~i~ ~~~Ee~lt1~~9~~fo~E~~JQt~l1l~J~g_fi1~~1g_~RiY~~9~-middotmiddot-middotmiddot--middotmiddotmiddot-middotmiddotmiddot--middot-middot-middotmiddotmiddotmiddotmiddot-middot----~---middot-middot-------middotmiddotmiddot--middotmiddot-middot-----middotmiddotmiddotmiddot-middot---middot-middot-middot-middotmiddot--middotmiddotmiddotmiddotmiddot-signature Director Public Finance Division j Date
l 1 i
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
-middot~is request is recommended for Oapproval 0 rejection 0 modification ____pproved loan amount Loan to be made no sooner than _________ Loan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded
middot-s-gra~re~middot-Ex~-c-u-iT~e-semiddot~~eiarY----middot-middot-----middot-----middot--middot-middot----middotmiddot-middotmiddot-middot---------middot--middot----middot-middot----middot-middotmiddot-middotmiddot-middot------middot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddotmiddot------middot-middotmiddoto-aimiddot--middotmiddot-middotmiddotmiddot-middotmiddotmiddot-------middotmiddotmiddot-middotmiddot--middot-----middot----middotmiddotmiddotmiddot--middot-middot-middotmiddot
____
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
lo 006b _I
----middot-middot-middot-middot-~--middot1
r agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and 1----__ Pooled Money Investment Board (the Board) lends funds as specified below
Total project appropriation $30000000000 Proposed Funding Date 6182011
Loan Amount $682600000 At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state hoi iday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following
s~~~~r~~~ntl_~_~o --middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddot-middot---middot-middotmiddotmiddotmiddotmiddot-middot-middot-middot---middotmiddot-middot-middot-middotmiddotmiddotmiddot~~a~--middot--middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middot---middot-middot-middotmiddot-----middotmiddot-middotmiddot-middotmiddot---middot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot---middot--middot---middotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddot- middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot---middot~ i SB 81 Ch 17507 (as amended 8yen AIHI~middoth-7i91W) 5225-801-06606101753
1_1~pound~~-X~Il~~~IQ~I~~-~E_~p~_~y~_l~lti~i~~-~--~-tJgt~----middotmiddotmiddotmiddotmiddot-middot--middotmiddotmiddot-middot--middotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddot----middotmiddotmiddot-middotmiddotmiddot-middotmiddot--middot---middotmiddotmiddotmiddot--middotmiddot-middotmiddot-middot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot ----middot---jADMINISTRATIVE AUTHORIZATION
_ll_~_ltgt~--~-~C~-()_mm_~~pound~P~P~1bullfPP_lllI21E~2ll~~C-~Ctl_~lhQ~e~~Y~~iltgtSltgtf~iiSt~~Y~i_~ie~l~ol_lgt~~~_ _____________________ Adnrinistrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial
Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest fimiddotom the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan lfthe loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan middot
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds ofBonds or the proceeds of a new loan Payment from any other source is subject to appropriation
(~the State Legislatu_re
~lAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~PPI~CgtP~aisgt~~iJ~)_~_[ltE ~~hP~TP_~~~_---middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middot----middot-------middotmiddotmiddotmiddotmiddotmiddot-------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middot----middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddot middotmiddotmiddot--middotmiddot---middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddot---middot--middotmiddot---------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot i State Agency Name
jJ~P~r_lfl _lt_~E~~poundi~l~~l~_~~~~iol-----middot--middotmiddot--middotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddot--middot-- middotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddot--middot----- middotmiddotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddot----middot-middotmiddot--middot---middotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddot-middot--- middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot----middotmiddotmiddot--middotmiddotmiddot-- _
--T~=I ~~~~~~-i-~~=~~-~=---~-=cr~~__~~~~~~-~-=--middot~~-~--- middot-middotmiddotmiddotmiddot-middot-middoti -~-iAL 1 POOLED MONEY INVESTMENT BO i
iThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of
and the vote was as follows i
i_~_~-middot~-~~-~~~~-~=~~~~~ ____middotmiddot_=----~-~~-=~-~~middotmiddot~~~~sect-~~middot==-=~~-~middot~~~~middot~~=middotmiddot~middotmiddotmiddotmiddot~~=--~-==middot~~~-~-~~I~middot~middot~-middot~~~~Y~~~~middotmiddot~~-~~~~[middot~-~~~B~~~~=Ji Treasurer of the State of California I 1 l~MoHOoHHOHoH-gtHoooobull-bullbull-bullbullbullbullbull---middot-middot--bullbullbull-bullbull---middot-middotbull-MoOHHgtMHObullobulloo-bullbull-bullbull-bull-bullbull---bullbull--H--0-----middot-middotbull--middotmiddot-bullbullbullbullbullH~__-bullbullbullbull-bullbull+bullbull-HOoooOHooHooHoHooOHMo-oMo-oOOoO-Moooooo Moool
Controller of the State of California j j ji _MOOMOMOOMMO MOMM-__MMMMMOOMO---middot--middot--------middot--middotmiddot middotmiddotmiddot-middotmiddotmiddot-middotbullbullMMMOOMMO-MOOMMM _00-00Mbull-o0M_00000MOM-MMMMooMOMMOM-0000_0_00M--00000MMoM0-00-M000000000-0M000000-MOM-OOOM00000000-M0M00MM00000000MM00MOOOOMMiOMOM0_0_000000MOM-00000000-0MMO_M_ __ J- _ ___________________i______ Director of Finance of the State of California i ~-C-o~middot(jjtf)middot~~--(jf~ppif~~b-i~middot)~-----middotmiddot-middot--------middot-----middot--------------middot-------middotmiddotmiddotmiddot---middot-middot-----middotmiddotmiddot---middot---middot-------middot----middot--middotmiddot--middot--Lmiddotmiddot-middot-----middot--middot-middot---middotmiddotmiddot----middotmiddot-------L-----middot------middot-middot--------middot-i
I i jl-----middot-------middot-----middot-----middot----------middot--middot--middot------middot-----middot---------middot------------middot--middot------_____________________________________________-------------middot---middot-middot-middot-middot-middot--middot--middot--middot----middot-----middot----middot-middot_________________________s-_middot-----middot-middot--middot------middot---middot-li Executive Secretary of the Pooled Money Investment Board Date I I i i
i ~- l i
L---------middot----middot---middot---------middot-------------middot-----middot---middot--middot-----------middot--------middot-middot---------------------middot-middot---------middot---- ------middot--middot------middot-middot-middot---middot-middotmiddotmiddot---middot---middot-middot-------middot------middot-----middot-middot--middot----t--middot---middot---------middot------middot-middot-jmiddot-ISTRUCTIONS TO CONTROLLER
( J middotv Proceeds from this loan should be invested in the Surplus Money Investment Fund SMJF earnings and bond proceeds will pay interest ~ The General Fund will pay interest Do not invest loan proceeds in SMIF
Commercial Paper will be used to repay this loan Yes V No
Reserve $_______________ of the proceeds from this loan for Cost of Issuance PM IA interest and administrative costs
_~~~~~~0----
Rev (61 0)
MIA Loan Request for Revenue Bond Programs l Ol OObG
ashflow Statement
(~partment Name Corrections and Rehabilitation Project Name Stanislaus County Juvenile Commitment Center
~ Year 20112012 Est Project Completion Date 2152013
Date 5132011 Est Phase Completion Date NA Acquisition
6~826000 5132011
6212011 Work Draw
Loan Amount (1l __$ _____- Prelim Plans
Funds Disbursed to Date $ - Per SCO Report dated 0000 2152013 Constr (Zl
___---~---
Jame of Bond Program Lease Revenue-Stanislaus County Juvenile Commitment Ctr ___NA_____ Equip
_N_A_____ Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and the Next 12 Cumulative (APWCE
Year 0 n Actual Disbursements Months Disbursements D-B)
Prior yrsmiddot
1
2
3
4
0 5
6
7
8
9
10
11
12
16 11
17 Oct-11
18 Nov-11
19 Dec-11
20 Jan-12
21 Feb-12
22
(J 23
24
14
15
545 00000 552 500
818 00000 1 370 500 c 1 091 00000
1 091 00000
c
1 091 00000
1091 00000
c
1 091 00000
7 500
7 500
c
c
c
c
(1) Rounded up to nearest thousand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
0
_~~To_ ~- ~ 1shyl ~ 1gt1 0
0 OEPARTMENT OF EOMUNO G BROWN JRbullbull GOVERNOR
~-FDotF I N A N C E ----S-TA-TE-C~A-P-ITC-1-bull~R-o-o-M-~~45~~S-AC_RA_M_EN_T_o-C-A-bull-9-5~B~1--4-4~9-i=-B-8~www~~o-c~~CA-llc~v CFFICE CIF THE DIRECTCIR
May 12 2011
Mr Bill Dowell Administrator Pooled Money Investment Board 915 Capitol Mall Room 106 Sacramento CA 95814
Dear Mr Dowell
AB 55 Loan Application for County of Stanislaus Juvenile Commitment Center Project
The following detennination is respectfully submitted pursuant to the Pooled Money Investment Board Pooled Money Investment Account Loan Policy adopted October 20 2010
This loan request is for the states share of costs for the County of Stanislaus Juvenile Commitment Center Project one of many youthful offender rehabilitative facility projects included in the SB 81 Youthful Offender Rehabilitative Facilities Construction Financing Program middotIn this program the county rather than a state agency manages the construction contract and process Furthermore the county is responsible for a portion of the project costs including any project cost overruns Thus at this stage of the project it is fiscally prudent to fund the construction costsmiddot using an interim loan rather than to issue bonds until final costs are known and we are confident the county will have fully funded its share
Based on the factors noted above the Director of Finance has determined the project is not appropriate for upfront bond funding and therefore interim financing is necessary to fund the -construction phase of the project If you have any questions or need additional information regarding this matter please call Chris Lief Principal Program Budget Analyst at (916) 445-9694
ANAJMATOSANTOS Director By
1~ (-gt2--shyMICHAEL COHEN Chief Deputy Director
icc FINN ROGERS LIEF BENSON CF (3) SUSPENSE FILE 0
______
-------
Rev (61 0)
)MIA Loan Request for Revenue Bond Programs I 0 I 0t)h0 ashflow Statement
fJepartment Name Department of Forestry and Fire Protection Project Name Madera-Mariposa-Merced UH Rplc Fac
--__ Year 2011 Est Project Completion Date
Date 4292011 Est Phase Completion Date
Loan Amount (1gt $ 46000---------- shy
Funds Disbursed to Date _$_____3_5--0_0_3_ Per SCO Report dated 33011
~ame of Bond Program Public Buildings Construction Fund
(1) (2)
Month and Original
Year middotProjection
Prioryrs
1
2
3
4
6
7
8
9
10
11
12
0 5
13
14
15
16
17
18
19
20
21
0 22
23
(3) (4)
Projections for
Actual the Next 12
Disbursements Months
8152017
NA
11122013
392015
8152017
(5)
Cumulative
Disbursements
Acquisition
pmiddotrelim Plans
Work Draw
Constr (Z)
Equip
Design-Build
(6)
Phase of
Project
(APWCE
D-B)
1383500
------------
13835
13 835
13 835
13 835
13 835
13 835
13 835
13 835
13 835
13 835
13 835
13 835
13 835
p
p
p
p
p
p
p
p
p
p
p
p
p
middotmiddotmiddotwl21 middot shy ri middot 5[4shymiddot middot~~t~W bull middot
~~) secti middot middot bull middot1bull __bullMmiddotgt~ middot middot middotmiddotmiddotshybull -bullshy middotmiddot middot L~-g~lzsect~~
bull J bull ljp_pp)~
- 45 129
- 45 129
- 45 129
- 45 129
- 45 129
- 45 129
- 45 129
- 45 129
- 45 129
- 45 129
- 45 129
(-1 htJndPd 11n Anr_-_12 usa1 - 46 000
(2 Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3 Projected Admin includes estimated fees from STO SCO and DOF
p
p
p
p
p
p
p
p
p
p
p
p
7108-4301 0
May-10
Jun-10
Jul-1 0
Aug-10
Sep-10
Oct-1 0
Nov-10
Dec-10
Jan-11
Feb-11
Mar-11
Apr-11
1116l11llbull lt middot
middot middot-
111gtCbulldmiddotmiddotmiddot middotmiddot -middot
May-11
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
57
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal ~
~
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs
PART I LOAN REQUESTBOND PROGRAM INFORMATION Jl~ (Completed by Requesting Department) middot hrtment middot I Total Project Appropriation
Forestry and Fire Protection _L~2085600000 Appropriation(s) to be Funded IStatutory Authority Ch 26808 Item 3540-301-0660 (1) Gov Code Sec 15830 et seq
Elus interest and admin _--___ I Department Contact I Title
Linda Webb -------middot-----middot-----middot-middot-middot---middot-----t Chiet_A~ou~ting Administator Dep~entDirectors Name (please print) ~ ~ Janet Barentson middot middot ~_ __ ~
I General Obligation RJvenue
FOR STO USE ONLY
lOlOblolPMIBNO
I Amount Requ~ted ~GGG~middot~-IDate Funds Needed
6172011I I i PhoneI (916) 653-8047
middot--middot~--middot--------middot--middot
ID~i5r Type of Bonds I D SelfLi uidatin D Non-SelfLi uidatin_____________q____g______________~____g____ I~ ~~WI___o Oth~----middot----middot--middot-middot------middot-------middot-Name of GO Bond Act Name ofSPWB or Other Project
Santa Clara RUH Replace Facility -middot-middot-M--WMO__________ ______________ ___________________ -igtrofectcontact(sPWi3-oi1ly)_____rigtI1Ciiemiddotmiddot-middot-middot---middot--middot----middot---
Appropriation to be Used for STO Admin Costs D GC SectiOn 167246 Belinda Swackhammer I (916) 322-1205
middot-middot-middot--middot-shy middot--middot-------middot--O_Qth~~-QSY_fgd_e~~~I~~shy _____ _g~~JS~~Eit~LQ~tlay_An~_l~-middot--middotmiddot-middot--middot--middot-----middot-------middot---middot- State Controllers Office Fund Phase of Project (select all that apply) Est Project Completion
DA ~pp DWD De DE Date 6132016
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following)
D To make advances to local governments I D To fund an escrow or condemnation deposit fiind ~ To pay vendors directly I D To finance loans to persons other than governmental entities D To reimburse local government for vendor payments ~ To make advances to State Architect Revolving Fund D In a trade or business carried on by anongovernmental person I IfYes specify DGS-PMB Project No 124684
~D To make advances to other state funds If yes specify ( ___ Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private business or from federal funds Yes D No~ (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No D If YES the repayments will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
________________~~middot~is~~~~~~~middotmiddot-------------middot------Tmiddot-R~so~i~~~~umber I Sale L Loan --middot CP Date
---middotmiddot ---middot--middotmiddot-middot----middotmiddotmiddot-----middot----shyLJ 10102008s~i~~igt~i1cYor~l~~EL=~~~~~===~-=~~~==~===~=~~=~===-~~~=====-_______L_=----middot-I--- leSJ
___ --+----o___J____w------1---~~=~~~~~~-~====~~ D I D
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
~ This appoundication is recommended for approval subject to the following conditions l8f First $ 3~pound0) 00 to be used to payreduce existing PMIB loan l0 IOOoJ D Reduce amount ofloan to$ _______
Conditions (if applicable) _D This ap_p_cati2_n is__lot recommended for __aEP~0__px_t~~_lublieFi~~~e Diyisi_21______middot--middot---------middot-------- shySignature Director Public Finance Division IDate
PART III RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
_]his request is recommended for Dapproval D rejection D modification ( - )proved loan amount Loan to be made no sooner than _ ---oan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sun~ay) from
the date the loan is funded -Signature Executive Secretary Date
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS middot
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I FoRSTousEoNLY
IPMIBNO l L I0 00~1
~~agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and __Pooled Money Investment Board (the Board) lends funds as specified below
Total project appropriationtl205600000 4 Proposed Funding Date 6172011 Loan Amou~t)(T(Wo M i rJD -1 At the discretion of the Board and upbn notice to the state agency this loan may be wholly or partially repaid using unexpended Ioanproceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds ofthe loan are to be used only for the purposes authorized for use ofthe proceeds of the sale ofbonds (Bonds) authorized by the following
~~~~middot~= ADMINISTRATIVE AUTHORIZATION The bond sale commercial paper if apoundQ_~able and this loan have been authorized by actions of administrative entiti~ as follow_ _________
i Administrative Entity I ResolutionOther Date I r-st~TePuhlicwork5Bo~~middotdmiddot----middot-middot-middot-~--middot middot---------middot---------- 1011oi2o-o8----middot---------- ---------middot-1
middot-middot-middot----middot-------==-=~===-~==-~~~~~~~~~~~~=~=1=~~=====-~=-~====~=~~==~~middot=~~~~~=~_I~===~~=-~~~=-=-==~==~--l The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special middot lited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation
Clhe State Legislature
LOAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
_PE~iation availabj_e for ~~~poundOS~___________________________middot---middotmiddotmiddot---middot-middotmiddot-------------middot---------middot---middotmiddot-middot-middot-------middot---middotmiddotmiddotmiddot State Agency Name
~~~f~~re~ndFire_~~middot~rnRJI~Facili_tj___~
~ --middot------middotmiddotmiddot-------middot--middot--middot-middot--------middot-middot-middot-middot--middotmiddotmiddot--middotmiddot----middotmiddotmiddot-middotmiddot-middot-middot---middot-middot-middot----middot------middot-middot------middotmiddotmiddot-middot----middotmiddot-----middot-middotmiddot--- o_JL___]t t~~~~~~~~~tds~~~~abl~~~-~~Co A A~~ ~-------------------- ----middotmiddot--middot----_1_[_Jf__J
POOLED MONEY INVESTMENT BOARD Jamp1lMIVEefRETARYS CERTIFICATION 1
IThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of I L===========-= ru~_the_~e ~~as_~~~---middot-------middot------middotmiddotmiddotmiddotmiddot---middot--------middotmiddot--------middot----middot-middotmiddot--middot-middotmiddot-----middot-------middot-------1
MEMBER AYE I NO
Treasur~-of~~s1a1e0r~_alifoffii~=~~~~==-~~===~==========~=~-------middot-middot--------------middot-middot--l_______________Controller ofthe State of California I
I Director ofFinance of the State of California _______l___________j________-j Conditions (if applicable) i
IfIEXeCutfvesecretarY0filiePOoledMQileYriWeStffien1B0ad___ Ioo~O I
cISTRYCTIONS TO CONTROLLER - middot __ V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest
----_The General Fund will pay interest Do not invest loan proceedsect)n SMIF Commercial Paper will be used to repay this loan Yes v No
Reserve $_______________ of the proceeds from this loan for Cost of Issuance PMIA interest and administrative costs
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(epartment Name Department of Forestry and Fire Protection Project Name Santa Clara UH Replace Facility
~~ Year 2011 Est Project Completion Date 6132016
Date 4292011 Est Phase Completion Date NA Acquisition
Loan Amount lt 1l $ 42000__________ 9302013 Prelim Plans
--~___ _ Funds Disbursed to 9302014 Work Draw__________
Date _$_____3_2_8_0_3_Per SCO Report dated 33011 6132016 Constr lt 2l______ _
~ame of Bond Program Public Buildings Construction Fund _______ Equip
_______ Design-Build
( 1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year Pro ection Disbursements Months Disbursements D-B)
941600Prior yrs 7108-4302010
1~-~~~+------~------~ 2~-____~~+------~-------~ 3~--~~+------~-------~ 4~-~~~+------~-------~
0 5
6
7 Nov-10
8 Dec-10
9 Jan-11
10 Feb-11
11
14 Jun-11
15 Jul-11
16 Au 11
17 Se 11
18 Oct-11
19 Nov-11
20 Dec-11
21 Jan-12
0 22 Feb-12
23 Mar-12
p
41 094 p
41 094 p
41 094 p
41 094 p
41 094 p
41 094 p
41 094 p
41 094 p
41 094 p
000 p
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
16
p p
16 p
16 p
16 p
16 p 16 p 16 p 16 p 16 p 16
9 416 p
p
T
Name of GO Bond Act
middot-middot-middot-middot-------------middot-middot--middot--middotmiddot---middot---middot---middotmiddotmiddotmiddot-middotmiddot
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal ~
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs FORSTOUSEONLY IOl Lmiddot PMIB NO 00101
PART I LOAN REQUESTBOND PROGRAM INFORMATION
__Jlus interest and admin--------middot Department Contact Linda Webb
-=-----middot-middotmiddot-middotmiddot-middot-middot-middotmiddotmiddot-----middotmiddot--middot--middotmiddot--middotmiddot---middotmiddot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot Department Directors Name (please print) Janet Barentson
T fB d I General Obligation ype~----~-~--__j_Q ~~lfdg_liEati~g___QJipound]~lfli_~idatin_g________________ O_Qt_J_l~~----middot--middotmiddot--middotmiddot--- -- -middot-middot-----middot--middotmiddot---middotmiddotmiddotmiddot---shy
Name of SPWB or Other Project Siskiyou Unit HQ Replace Facility
______________----_ ___________ Projecc-0iliaC-(sPWBoilly)-----_I-Igti10~e-----middot--middotmiddot------middot--------shyo GC Section 167246 Belinda Swackhammer (916) 322-1205 D Other ~~l=f~1__g~it~_Q~t~yenAJl~i~ L_____________ __________
StateControllers-Office Fund Phase of Project (select all that apply) Est Project Completion D A ~ PP D WD D C D E Date 812016
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) D To make advances to local governments I D To fund an escrow or condemnation deposit fund ~ To pay vendors directly il D To fmance loans to persons other than governmental entities D To reimburse local government for vendor payments ~ To make advances to State Architect Revolving Fund D In a trade or business carried on by a nongovernmental person I IfYes specify DGS-PMB Project No 124686
D To make advances to other state funds If yes specify IJWill any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private
business or from federal funds Yes D No~ (For Revenue Bonds only) 3 For departments using these funds to make grants or loans Are repayments expected Yes D No D If YES the repayments
will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
~ This application is recommended for approval subject to the following conditions ~ First$ L000 1 oo to be used to payreduce existing PMIB loan l0 DOO$ D Reduce amOJnt ofloan to $------ shy
Conditions (if applicable) _D his-~EP~a__ion_is n()_]~comm~p~-~~flt~~EPIS~~poundY_~e ~ublic_E~nance J2ii~~()E_____________________________________ Signature Director Public Finance Division Date
PART Ill RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval 0 rejection D modification
( proved loan amount Loan to be made no sooner than-=--------- shy-~dan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from
the date the loan is funded=middot=--------middot----middot---middot--------------middot----middot- -middot-middot-middot---------- shySignature Executive Secretary Date
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
-------
-------_______
-------
2
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
03partment Name Department of Forestry and Fire Protection Project Name Siskiyou UH Replace Facility
---- Year 2011 Est Project Completion Date
Date 4292011 Est Phase Completion Date
Loan Amount lt1gt $ 144000---------- shyFunds Disbursed to
Date _$____108055_Per SCO Report dated 33011
~arne of Bond Program Public Buildings Construction Fund
( 1) (2)
Month and Original
Year Projection
Prior yrs
-1
2
3
4
6
7
8
9
0 5
15
16
17
18
19
20
21
Feb-12(J22 23 Mar-12
(3) (4)
Actual
Disbursements
Projections for
the Next 12
Months
812016
NA
6302013
____________1112014
812016
(5)
Cumulative
Disbursements
Acquisition
Prelim Plans
Work Draw
Constr lt gt
Equip
Design-Build
(6)
Phase of
Project
(APWCE
D-B)
7108-43011
10
Jun-10
Jul-1 0
Nov-10
Dec-10
Jan-11
10 Feb-11
11
14 Jun-11
Jul-11
11
11
Oct-11
Nov-11
Dec-11
Jan-12
111 30029 111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300
111 300
143 391
143 391 p
143 391 p
143 391 p
143 391 p
p
143 p
143 391 p
143 391 p
143 391 p
144 000 p
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with Joan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewali8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs ~~r~u~OLY 1oIoOlo3
PART I LOAN REQUESTBOND PROGRAM INFORMATION
~----------------------~====~~~==~~==7~~--~~--~--~--~~--~t _)rtment Forestry and Fire Protection Appropriation(s) to be Funded Ch 26808 Item 3540-301-0660 (3)
Ius interest and admin ------middotmiddot+-MDepartment Contact I Title Linda Webb J Chief Accounting Ad inistator
middotmiddotnepartment nireciltirs-Name-(jj-iea5-epri-ii)-middotmiddot---middot--middot---middot---middot--middotmiddot-middot-middotmiddotmiddot-middotmiddot----middot-r-middot------n-imiddotemiddot---middot---- ------middotmiddotmiddot-------middot-middotmiddot+
Janet Barentson
2ype o~~~~-~~~_j__o~~~~ DtJ~~~lflJ_q~~~~g________ ~1i~___o_othe_middotmiddot-----middot---middot--middot------middot---middotmiddot-----middotmiddot-middot---middot-middot- shyName of GO Bond Act Name ofSPWB or Other Project
Vina Helitack Base Replace Facility
~i~~~F--~~6middot~=~~---------middot-middotmiddot-middot--middotmiddotmiddotmiddot--middot-middot---middotmiddotmiddot-middot-middot-middot-middot-middotmiddot-middotmiddotmiddot----middotmiddotmiddotmiddotmiddot-o_Q~E_~r 9lt~ CoA_~ ~-~c__ 11~middot-middot--middotmiddotmiddotmiddot-middotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddot-middot __g~=f~~2-~~~LQ_Etla__~p~~Y~_t______middot---middotmiddotmiddot-middot-middotmiddotmiddot-middotmiddot--middotmiddotmiddotmiddot--middot-middot-middotmiddotmiddot-middot--middotmiddotmiddot-middot-middotmiddotmiddot---middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot State Controllers Office Fund Phase of Project (select all that apply) Est Project Completion
D A 18] PP D WD DC DE Date 112016
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments I D To fund an escrow or condemnation deposit fund
181 To pay vendors directly I D To finance loans to persons other than governmental entities 0 To reimburse local government for vendor payments I 181 To make advances to State Architect Revolving Fund 0 In a trade or business carried on by a nongovernmental person 1 If Yes specify DGS-PMB Project No 124824
~0 To make advances to other state funds Ifyes specify (J Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private
business or from federal funds Yes D No 181 (For Revenue Bonds only) 3 For departments using these funds to make grants or loans Are repayments expected Yes D No D IfYES the repayments
will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
~~-b~~~I i D I D D Ii
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
I8J This application is recommended for approval subject to the following conditions ~ First$ Lj4 QO() 6~ to be used to payreduce existing PMIB loan 0 DOOY 0 Reduce amount of loan to $ ------ shy
Conditions (if applicable)
11 T~s~PPicati0]-_~~_9t recomme~~~ for ap_p_Qvaljgtx_~l_l~fublic fina~~_Qi_yl_sl_~---middot-----middot-----middot--middot--middot--middot-middotmiddot-middot--middot-----middot-middot------Signature Director Public Finance Division I Date
PART III RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
~This request is recommended for Oapproval D rejection D modification ( )proved loan amount Loan to be made no sooner than _________ -4oan is due 364 days (or the next preceding business day ifthe due date falls on a state holiday a Saturday or a Sunday) from
the date the loa~J is funded -------middot---------middot---middot----------------middotDate--middot--------middot---- shySignature Executive Secretary
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs GoRsTo usE oNLY
IPMIB No loIooto3 agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and -~)ooled Money Investment Board (the Board) lends funds as specified below
Total project appropria~ion $1306200000 Proposed Funding Date 6172011 Loan Amount-$5000666r 1JQgt ODD 6b S T At the discretion of the Board and upon n6tice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special ---(ted obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation
( he State Legislature ~
LOAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
c_bullc croia91_~va~1~~1~ for suchE~lt-~-~____middot--middot------middot----------middot-middot---middot-middot-----middot----middot--middot-middot--middot----middot-----------middot----middot--middot--middot----------middot--middot-middot----------~ ate Agency Name i e art~_~_t of F~~EL~nd_~ire ~ro__~~~E-=Yl~~ H~ita_~~~~e=J~plac~_~~ili~Y--_middot-middot-middot----middot--~Q~~M~~~jpound~~~ 124sect~~-1 rectors Signature I ate 1 -n=~~middot~---~- ii~1-l rpooiED-MoNEviNvEsTMENTB-OAM~n~-iARvmiddots-middotcERTiFicAnoN--middot--middot-middot--middot---middot-middot f-Lf_Jt__1I V~CRE l
lj The Pooled Money Investment Board approved this Joan pursuant to Government Code Section 16312 in the amount of i =========== and the vote was as follows I
r~~~~~=~==--=-~~ i Controller ofthe State of California i i Director ofFinance of the State ofCalifm~ia middot-------middot-middot----middot-- -----middot-------middot---~----------1 --------middot - -------------middot-----middot---- ----------middot---- -----middot--------------middot---i
Conditions (if applicable) middot I -Executive Secretary of the Pocilect MoneyInvest~tBoardmiddot--------middot-------middot-middot------middot-----------middot----r-Date----middot-middot-~ i I
(~~)TJ3UCTIONS TO CONTROLLER -1
i __ Proceeds from this Joan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest
-=---The General Fund will pay interest Do not invest Joan proceedsect-in SMIF Commercial Paper will be used to repay this Joan Yes No
Reserve$_______________ of the proceeds from this loan for Cost oflssuance PMIA interest and administrative costs
-------
-------
7108-43010 22 55600
M
2~-~~~~------+---------~ 3~-____~~~----------+----------- 4~-_~~~------+--------
Nov-10
Dec-1 0
Jan-11
Feb-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
51 000 p
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
Rev (610)
MIA Loan Request for Revenue Bond Programs 1oleO~s ashflow Statement
(partment Name Department of Forestry and Fire Protection Project Name Vina Helitack Base Replace Facility ---_
Year 2011 Est Project Completion Date _ ___11__2__01--6__
Date 4282011 Est Phase Completion Date NA Acquisition
Loan Amount (1l $ 51000 612013 Prelim Plans __________ _ _____=___612014__Work DrawFunds Disbursed to
Date _$--___4_17_3_2_Per SCO Report dated 33011 112016 Constr(2l
~ame of Bond Program Public Buildings Construction Fund -------Equip
-------Design-Build ( 1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year P ction Disbursements Months Disbursements D-B)
Prior yrs
1
0 5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
0
22
p p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p p
State of California- State Treasurers Office LOAN REQUEST New Loan 0 Renewall8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs PMIBUN01Y I0 I 00fo4 PART I LOAN REQUESTBOND PROGRAM INFORMATION
~ (Completed by Requesting Department) artment Total Project Appropriation Amount Requested fl)fI
~ 6-estry and Fire Protection $4553400000 bull ~0t11~1 (Ji) v v Appropriation(s) to be Funded -- 7-llj StatutoryAumiddot--th-o-ri--ty-----------L--=-bull-=Da_te-F-u-n-=-ds--N~eed-edCh17107 Item 3540-301-0660 (8) 1 Gov Code Sec15830 et seq l 6172011
plus interest and admin I IDepartment Contact -----------middot--middot------middot---+1-=Title---------middot--------+middot-pmiddot-h-o-n-e_______
Linda Webb middot IChief Accounting AA_ministator L(916) 653-8047
~=~~~~~~~rsName(i)ieaieprint) middot--------middot-middot---middot------~~_plusmni Q--- tf5J IJJ
Revenue [gj SPWB D Other--=-----middotmiddot--middot--middot--------middot-----middot---- shyName of SPWB or Other Project Growlersburg CC Replace Facility
-M-middot-~-~-M ---middotmiddotmiddot----middot-------middot---middot-middot--middot-middot---middot-middot Project COntact (SPWB-Only) ------middot-middot-middot-T-PhODe--middot----middotmiddot--middot-shy
~~~~~~~i~o~~~____B__ g~~~r~Q~~~-~~~~~J~1-- -~~t~~~~~~l-~~~Y~J~~-~~~~~~-~-~-~~---middot----middot-middot- State Controllers Office Fund Phase ofProject (select all that apply) Est Project Completion
0 A 18] PP D WD 0 C 0 E Date 4302017
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) D To make advances to local governments J 0 To fund an escrow or condernnationdeposit fund 18] To pay vendors directly I 0 To fmance loans to persons other than governmental entities 0 To reimburse local government for vendor payments 18] To make advances to State Architect Revolving Fund 0 In a trade or business carried on oy a nongovernmental person i IfYes specify DGS-PMB Project No 124628 0 To make advances to other state funds If yes specify
( Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private ~)business or from federal funds Yes 0 No 18] (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No 0 If YES the repayments will be used to D pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
---middot---middot-----middot----- ~dmi~is~~ive-i~i~--middot- middot-----middot---middot---middot---middotrResol~~oi~~~ber --~~~-~-middot Loan cp Date
-middot-----middot-----middot--middot-----middot-middot--middot-----middot-middot---middot---------middot--middot---______--l___________+-middot-middotr=middotmiddot-middot--t--middot--~middot--middot----middot--r=-middot--middot-middot+-middot-----middot----middot--middot---middot-11
~~~-~li~_F2Eks ~Q~~-- --middot-middot--middotmiddot--______middot--middot----middot------i---- -- [ J middot rgj LJ middot--~pound~~QQ-
--middot-middot-----middot--middot _ ________middot-middot--middot-middot-+---middot--middot--middot-- --lr--blo -middot-middot-61___ ----middot0 shy--- _middot---middot--middot--middot--middot-middot----middot----middot------ --- ____ __ middotmiddot--middot--------- ____ D I 0
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
181 This application is recommended for approval subject to the following conditions ~ First$ 15lti10QQ 0deg to be used to payreduce existing PMIB loan l C fXgtO 5 D Reduce amount of loan to $ _______
Conditions (if applicable)
JJ3~~~is tJot recotru~_tJ_~ed for -EP9Y~~~he P~bli~X~~_Ece Divis_9g__________~-middot---middot-------middotmiddot---Signature Director Public Finance Division Date
I PARTIII RECOMMENDATION
(Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval 0 rejection 0 modification middot Loan to be made no sooner than _________
~oan is due 364 days (or the next preceding business day if the due date falls on a ~tate holiday a Saturday or a Sunday) from the date the loan is funded--------middot---------------- shy ---------------------------middot shySignature Executive Secretary Date
( shy ---)Proved loan amount
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I~~I~u~crLYf o1oo~y (agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ~1ooled Money Investment Board (the B~ard) lends funds as specified below
Total project appropriation $4553400000 C( Proposed Funding Date 6172011 Loan Amount $175666600-- 1l 11 S ODD C5b At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds ofthe loan are to be used only for the purposes authorized for use of the proceeds of the sale ofbonds (Bonds) authorized by the following
ADMINISTRATIVE AUTHORIZATION rThe ~o~d sale _ltom~ercia_Paper if aPQiicable a~d this IO~f_lVe been authorizlaquo_c_~Y~~tilaquoJns of a~_nistrativ_laquo__ctitie~as foll_Q_ws ---middotmiddot--- 1 Admllllstrat1ve Entr_l ResolutwnOther 1 Date i
r~st~~~~blipound~~~~~3o~i~----middotmiddot~=~~===~_l_======~~=~=~=-==-===~==r-_2~(~Qii==~~=---==-=~====~-~l t=~==~~~=~=~=~~~~====~=~~==~==~=~=~~~----middotmiddot-middotmiddotmiddotmiddotmiddotmiddot -middotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot---middot-middotmiddotmiddot--middot--middotmiddotmiddot-middot--middot-middotmiddotmiddotmiddotmiddotmiddot---middot-middotmiddot-middotmiddot-----middot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot---middot middotmiddotmiddotmiddot---middotmiddot-middotmiddot-==~~~~~===~=~~~~~==~====~~~j
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special ---ited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation
( e State Legislature ______
LOAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
ro ri~i~~~~ailabl~f~_su~hJ21pound~~~middot=-middotmiddotmiddotmiddot-middotmiddot--middot-middot-middot-middot-middotmiddot----middot--middot--middot-middot-----middot--middot---middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-------middot--middot-----middot---middot--middot-middot-middot--middotmiddotmiddotmiddot-middotmiddot-----middot--middotmiddotmiddotmiddot---middotmiddot-middot---middot-middotmiddot-middot--shy~N~ I
o(~_ltgtE~~_J_and ~r_e PE~~tio_- G~ersJl~_g__ltf__~p-~-~-~~~j_l_iY-_________________________pG~~ll~~j_~~t ~~~~~
~~~----------~~~poQiEDMoNEYJNiiEsTMENT~CREJARYSCEiiTIFiCATION---~ The Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of 1
~-----=--~~~~~~--=--=~~~==~-=~~-~~~~==-~=~==~~~~~~~~====~-=--middot --middot-r--==~~~n~~==~= ~=~-=- 1Treasurer of the State of California --Controllero-ftheStateof Californiamiddot ------middotmiddot-middotmiddot middot-middot----------middot---- shy
~_~~=~~ SretoofCampifoffii =-==L-_ -----= I Executive Secretary of the Pooled Money Investment Board IDate I
~rfirucTIONS TO CONTROLLER J V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest ___ The General Fund will pay interest Do not invest loan proceeds in SMIF Commercial Paper will be used to repay this loan Yes V No
Reserve $__~____________ ofthe proceeds from this loan for Cost ofissuance PMIA interest and administrative costs
Rev (610)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
i~partment Name Department of Foresty and Fire Protection Project Name Growlersburg Conservation Camp ---shy
Year 2011 Est Project Completion Date
Date 4292011 Est Phase Completion Date
Loan Amount lt 1l $ 1751000
Funds Disbursed to Date $ 1 587371 Per SCO Report dated 33011
~arne of Bond Program Public Buildings Construction Fund
Priory
0
(J
rs
(1) (2)
Month and
Year
7107-4302010
Original
Projection
(3) (4)
Actual
Disbursements
Projections for
the Next 12
Months
1 632 5071)
1 May-1 0 -2 Jun-1 0 -3 Jul-1 0 -4 Aug-10 -5 Sep-1 0 -
6 Oct-10 -7 Nov-10 -8 Dec-10 middot -9 Jan-11 -
10 Feb-11 -11 Mar-11 -12 Apr-11 -
gti bull ~68911hter~~k~illlliili11famptilt0l~lt middotmiddotmiddotmiddot~
_ __430-=2017___
___NA~-- Acquisition
10302012 Prelim Plans
10302013 Work Draw
4302017 Constr lt2l
______ Equip
_______ Design-Build
(5) (6)
Phase of
Project
Cumulative (APWCE
Disbursements D-B)
1632507 p
1 632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1632507 p
1 632 507 p
1 632 507 p libullcmiddot~()qbull1 JjjfJS~~ ~middot I~Adr~~EN~I3l~~IZ middotd28tBni [D ~ G
lmrrKmiddotbullymiddot~r 1~b bull 11 v (5btJ()bi May-11
14
13
Jun-11
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11
19 Nov-11
20 Dec-11
21 Jan-12
22 Feb-12
23 Mar-12
(1 bullllnrlFrl lln Anr_j ) bullnno~n-4IHV-u
p1 750 824-p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824-p1 750 824 -p1 750 824 -p1 750 824 -p1 751 000 -
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
I
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal~
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs IPMIBUNO~LY 0 l DO laS PART I LOAN REQUESTBOND PROGRAM INFORMATION
(Completed by Requesting Department)
( rtment Total Project Appropriation 9Arnount Requested ~ 1shymiddot__ middotltartment of Education j SNQJS3Q()G66 -(J_vnDO() 1 $52800hl)0 ~z~ lt)C)O
Appropriation(s) to be Funded IStatutory Authority j Date Funds Needed Chapter 171 Statute of2007 Item 6110-301-0660(3) I Government Code Section 15830 1 6172011
I I I
Department Contact i Title I Phone Allen Young j DCMS 1 916-445-4557 Department Directors Name (please print) I Signatur~tPfA ID~~1fRichard Zeiger Chief Deputy Superintendent l k If
IGeneral Obligation Revenue (jType ofBonds ~SPWB 0 Other0 SelfLj91_Qatigg___ONpn-S~)fLiguidating -
Name ofSPWB or Other Project Academic Support Cores Bus Loop and Renovation
Name of GO Bond Act
-----middot---------------~-Project Contact (SPWB Only) ~ Phone middot
middot-middot~~ STO AdniE_Sost~---~ Other 9~middot15~_30 Appropriation to be Used D GC Section 167246
)e bb1-e WokM ----------middot(~I()-~~liD__ State Controllers Office Fund Phase of~ct (select all that apply) Est Project
D A Iamp] PP l WD D c DE D D-B Completion Date 4282014
Use of Loan Proceeds 1 Will any ofthe loan proceeds be used (Please check ifanswer is yes to any ofthe following)
D To make advances to local governments i D To fund an escrow or condemnation deposit fund IZJ To pay vendors directly I D To fmance loans to persons other than governmental entities D To reimburse local government for vendor payments I IZJ To make advances to State Architect Revolving Fund DIn a trade or business carried on by a nongovernmental person If Yes specify DGS-PMB Project No 124637 D To make advances to other state funds If yes specify
=)Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private business or from federal funds Yes D No IZJ (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No D IfYES the repayments will be used to D pay debt service or D to fund more projects middot
ADMINISTRATNE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES - lResolution Number I s T~--~--C~---Tmiddot---~ t
Administrative Entity i 1 1 1(GO ONLY) a e oan a e I i I i I--middot- shy
State Public Works Board------middot-____ - l -----=r -B-t---~-t--B- middot-F 9il42~o7___ _____
--middotmiddot--- 1 d--1--o---r-middoto---r-middot----shy1
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
lXI This application is recommended for approval subject to the following conditions ~ First$ 50(pJOOO 00 to be used to payreduce existing PMIB loan Of 000fo D Reduce amount ofloan to $ _______
Conditions (if applicable) Jd This aeelication i~ not r~commend~~ for aeeroval by the Public Fin311ce Divi_~_lmiddoto=nc__________-=----------- shySignature Director Public Finance Division j Date
I PART III RECOMMENDATION
(Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Dapproval D rejec~ion D modification -A-uproved loan amount ~ ~ Lo8p Jo be made riosooner than ( n is due 364 days (or the next preceding business day if the due date falls on a state holiday-a~s=-a-t-u-rd-=-a-y_o_r_a_S_u_n_d_ay) from
-ufe date the loan is funded middot Signature Executive Secretary Date
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I FOR STO USE ONLy
I PMIB NO I 0 I 00 5 l
Tb--agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( Jed Money Investment ~ard (the Board) lends funds as specified below -- j I 111Y27oOO Total project appropriation $163839QQOO Proposed Funding Date 6172011 Loan Amount $i1800fiOO E ~ 1OtgtO ~ At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business daymiddotifthe due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following ~tatu_es (Bo~-6~--- _ middot ___ l~h 171 Statute of2007 Item 6110-301-0660(3)shy middot=J ADMINISTRATIVE AUTHORIZATION The bond sale commercial ~er if lpoundPIicable1 and this loan have been autho~ized by_actions of administrative entities as follows
Administrative Entity I ResolutionOther I Date l
t=~te Pu_~ic ~orks Boar~=-~=~~--middot-r-~~~~~RRiova~~---------L~~~=-------middot-middot-middot-----middot--j The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the statemiddotagency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subJect to appropriation by the State Legislature
(~N RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
__IRl~l_i_~~~~ available foi_such_p~~~~
IState Agency Name middot -------1 __)~~artment of Educatio_n___ middot---- shyi Directors Signature llJpoundJmiddotState Public Works Board (if applicable)
Administrative Secretary Signature ~==~~~----~~21-tL__1
POOLED MONEY INVESTMENT BOARD EXECUTIVE SE-fl--f1
The Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of 1 and the vote was as follows
MEMBER ----+~middot-middotA_YE J N_0_1 Treasurer of the State of California ~
Controller ofthe State of California DirectorofFinanceoftheStm~-o~f~C~a~l~ipound~orn-~ia------------------middot--------------------~-------------------~--------middot
~--~--~--~777-------------------------------------------------~-----------------L-------I Conditions (if applicable)
Executive Secretary of the Pooled Money Investment Board Date
INSTRUCTIONS TO CONTROLLER0 V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest ~ ) The General Fund will pay interest Do not invest loan proceeds in SMIF
ccfmmercial Paper will be used to repay this loan Yes No
Reserve$_______________________ of the proceeds from this loan for Cost oflssuance PMIA interest and administrative costs
l
______
______
Rev (610)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(apartment Name Department of Education Project Name Academic Support Cores -~
middot Yea~ 2011-12 Est Project Completion Date 4282014
Date 472011 Est Phase Completion Date ___n~a____Acquisition
Loan Amount (1gt $ 529000___----=~~_
Funds Disbursed to Date _$___504l54_6_ Per SCO Report dated 33011
~ame of Bond Program Public Buildings Construction Fund
(1) (2)
Month and Original
Year Projection
Prior yrs
1
2
3
4
5
60 7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22 ~ 23
U 24
(3)
Actual
Disbursements
(4)
Projections for
the Next 12
Months
__5132_01_1___ Prei i m PI a ns
__4122_012=--- Work Draw 2282014
-~=___
(5)
Cumulative
Disbursements
Constr (2l
Equip
Design-Build
(6)
Phase of
Project
(APWCE
D-B)
(1) Rounded up to nearest thousand
47202054
232950
~~r~~~~~~i~~11
299f8gt4~g~middotmiddot~~-~~ ~ bullbullbull I ~~~~H~ bull J
ltfAmiddotIf~t17~1middot~middotamiddot no bullbull lmiddot pound~ 1 1 1it bullbull bull bull
middoty-ltbullbull11~~~)~~~-~~f~~f~middott- ~50(~00
472021 D
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 p
474350 p ~tgtpound~~a~1~~c 1) bull t~ ( ~
lt-Cimiddot~c~- 504middot309 IFIitiNr~ ~v~middot bullfg(7ff ft(bull-- 528middot 9373~~~i~~t~ ~-middot~ ~ ~0i~t~~nr1~
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
529000 p
12008-5201 0
Jun-10
Jul-1 0
Aug-10
Sep-10
Oct-10
Nov-10
Dec-10
Jan-11
Feb-11
Mar-11
Apr-11
May-11
JH_ter~$t~f~~n~~~-~i~~~ g8ffil81f~~j~~i
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
Apr-12
May-12
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal [8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs PMI~~~~LYr o( oos l
PART I LOAN REQUESTBOND PROGRAM INFORMATION Com leted b Re uestin De artment
middot ~~~mhn~e~n~t------------------------~~==irr~r~~==u~~-~==l~IFTT~om~lfP~r~~~middotedct~A~pprop~ri~a~tio~n~--fjAk~n~ou~nt~RR~~ues~ro~-----i~ _ i ~05300000 Go nr lTi~ntal ___________ Health ~~~~I D1 Qlt)------------middot-middot--1 $6589066-00-middot--middot--------middot-----middot-middot---middot-L____ ___________________________________________ -- shy
Appropriation(s) to be Funded Statutory Authority I Date Funds Needed Chapter 1712007 Item No 4440-301-0660(2) Government Code Sec 15830 et seq ~26~611 tmiddot7-
middot-middot----------middot--middot------------middot--middot-middot------------ ----middot-middot--middot--middot--------------- --------shyDepartment Contact Title j Phone David Harner middot Chief Hospital OpeationsFiscal Supp I (916) 654-3600 middotn~~~~~~s-~~~~~~t)middot-----middot------ --______rsiinatre-------------~----~ -middot~---middotr~=~~-----middot-middot---shy
i General ObligationT 0 fB dype on s D Self Li uidatin D Other N~~-roo i3-0~ltLA-t----middot-q_ltgt-=---~~-middot=-middot-middot==-middotO~-==--middot--middot---middotmiddot--ll-middot-a-nmiddot-e--o-f-sPWB_0middotzoihd_Pro]eCimiddot------middot--middot-middot-middot-middotmiddot-middot-middot-middot-middot-------- ---
tascadero State Hospital 258 Bed Hospital Remediation API-jricrti~-~i~-b~-u~~-- o___ltic~ti~~-i-67246middotmiddot--middot______ middotoject-cmiddoti-aCt(srwmiddoti3-o~l)r)______r-yJ10ilemiddot---middot--_ ____
~~i2~fo~~Ife~~s~f-fi~=c-middoteFD=ubullndo~hccer=~~=--- uDmiddotmiddotmiddotamiddot-$middotmiddot~~~~-~~-
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments -~ D To fund an escrow or condenmation deposit fund 0 To pay vendors directly i 0 To finance loans to persons other than governmental entities 0 To reimburse local government for vendor payments [8] To make advances to State Architect Revolving FundJ
0 In a trade or business carried on by a nongovernmental person i If Yes specify DGS-PvfB Project No 124473 0 To make advances to other state funds If yes specify
I Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private ~J business or from federal funds Yes D No [8J (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No O If YES the repayments will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
obullbullobullbullbull-bull-bullbullbullbullbullbull~bullbullbull--bullbull-_________________HH----__--f-MH-bull0bull----middot-middot--bull-bullbullbullbullbullbull-1-----MMI--MO-
Administrative Entity Resol~~ioo~L~umber I Sale i Loan I middot CP i Date -___--middot-middotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot----middot-middot--middotmiddotmiddot--middotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot----middot-middot-middot-middotmiddotmiddot-middotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot--- middotmiddot-middot----middotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddot-middot-middot-middot-_-middotmiddotmiddot-middotmiddotmiddot---middot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot---__L---middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middot State Public Works Board i 0 I [8] 0 7132007- ___ ______________- 1_ 0
u- - ____+- ~~--I0 I
PART II RECOMMENDATION AND CONDITIONSshy(Completed by Public Finance Division of the State Treasurers Office)
~ This application is recommended for approval subject to the following conditions 0 First $ tlt bj used to payreduce existing PMIB loan __middot___ Kl Reduce amount ofloan to$ (DJ as JQaOO
Conditions (if applicable) middot
-~iniz~~~51~~E~u~ii~~~~~~~~~yent~d_f~r~EPr~~-~~L~~~~EJi~~il~~~-2i~i~ilt~--middot----___________________loaie--middot---_________
I
_
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval D rejection 0 modification middotj-middot~proved loan amount i _ Loan to be made no sooner than
an is due 364 days (or the next preceding business day if the due date falls on a state holiday_a_S_a-tu_r_d_a_y_o_r_a_S_u_n_d_a_y) from the date the loan is funded
Signarme E~etive Secretacy-----middot---middot-middot--middot-middot-middot------middot--------------------------middot--middotDate----------middot----------middot---shy
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
s agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( 1
bull ooled Money Investment Board (the Board) lends funds as specified below ~ ~ Total project appropriation $659800000 ~ Proposed Funding Date 51262611 G I J Loan Amount ~9S300()()0 -o-12-S bO
At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the Joan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Mpney Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale ofbonds (Bonds) authorized by the following statutes (Bond Act) rmiddotmiddotchapt-i7iifoo7~it~~-N~~444o3oio66o(i)- - -middot-middot-middotmiddot- middot-middot-middotmiddot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddot-middotmiddotmiddotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddot--_---middotmiddotmiddot-middot-middotmiddot-middotmiddot----middotmiddot--middot-l bull--bull-bull-Hbull---middot--middot-middot----bullbullbullbull--bullbullbull-bull-________________m_______________________________________l
ADMINISTRATIVE AUTHORIZATION _~_P-~f~l~-~-ltial_p_lPtJLlP~ipound1tltd tl~Jll_l~~-~~~ll~-~-I~~~EiY_~iQ~~-lfl~ilJ~rl~~-i~~flJ2)VS middot-------middot- Administrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act pennits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation by the State Legislature
OAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~EPE9Pi~i9P~Y~i~~~f9E_S~~hP~-9~~__________________
L~~~~~~~rM~n~ ~l~-middot-middot--__------middot------_ ___________________ ---middotmiddotmiddot J
~~-~~~~-----~~~~ L~~~~~-imiddot~middot~middot~middot~middoti~~~_S~~~~~-r ____d____-_________- __l~~gtltltlJI POOLED MONEY INVESTMENT BOARD EXECUTIVE SECRETARYS CERTIFICATION i 1IThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of __ and the vote was ___ as follows __- - __ r---middot-middot- __ ____ ______ ____ ___ ___j
~~~~~-~-plusmn=~- Director of Finance of the State of California
middot----middotmiddot-middotmiddotmiddot--middot~middot---------middotmiddotmiddot--middotmiddot-middot----middot-middot---middotmiddotmiddot-middot---middot-middotmiddot-----middot--middot-----------middot-middot-middotmiddot---middot-middot---middot--------middot-middot-----middot--middot---middot---middot--middot--middotmiddot--middot-middot----middot-middot--1-~--~middot~middotmiddot--middot-middotmiddotmiddot-~~ Conditions (if applicable)
middot-E~c~tivmiddots~~~tarymiddotrmiddotilieP~~~~dMo~-~YI~~t1 Boad-middot-middot--------middot-middot-middot-middot-------middot---- ________________ __TD~t~-middot-middot------middot-middot1 i ~-----middotmiddot---middot-middot--_________- ---middot--middot-----middot----middot----------middot-middot--middot-middot----------middot-------__________J____________l
INSTRUCTIONS TO CONTROLLER I i ~ 1 ~-~ Proceeds from this loan should be invested in the Surplus MoneYinvestirtent Fund SMIF earnings and bond proceeds will pay interest
) The General Fund will pay interest Do not invest loan proceeds in SMIF lCommercial Paper will be used to repay this loan Y~s middot - V No
Reserve $ _______________ of the proceeds from this loan for Cost of Issuance PMIA interest and administrative costs
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(epartment Name Department of Mental Health Project Name Atascadero 250-Bed Remediation ---_
- Year 2011 Est Project Completion Date 10302010
Date 412011 Est Phase Completion Date Acquisition
Loan Amount lt1l $ 6125000 Prelim Plans
Work Draw Funds Disbursed to Date $ 6038196 Per SCO Report dated 52411 1112009 Constr lt2l
~ame of Bond Program Public Buildings Construction Fund Equip
Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year Projection Disbursements Months Disbursements D-B)
0
Prior yrs 571970200 5719702
1 May-10 1302600 5732728 c 2 Jun-10 1336000 2142000 5754148 c 3 Jul-10 1336000 1882900 5772977 c 4 Aug-10 1336000 5772977 c 5 Sep-10 1336000 183700 5774814 c 6 Oct-10 334000 601200 5780826 c 7 Nov-10 384100 5784667 c 8 Dec-10 133600 5786003 c 9 Jan-11 5786003 c
10 Feb-11 5786003 c 11 Mar-11 5786003 c 12 Apr-11 6925800 5855261 C
~~~~~]~mlftltttt~bull~~~~~~~~~~~~~=~~~~~~~l~riir~ 13 May-11 500000 6110238 C
C14 Jun-11 500000 6115238
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11f-------1
191--_ _N__o_v_-11j
20 Dec-111---____--1 21 Jan-12
1--------1
~ 22 Feb-12 (___j 23 Mar-12
1---______~
(~~ nrlrl Anr_-_1 ) housand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application bull
(3) Projected Admin includes estimated fees from STO SCO and DOF
500000
500000
6120238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125000
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State of California- State Treasurers Office LOAN REQUEST New Loan fZ1 Renewal 0
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs II ~o~~LNO~LY ( 0 OOltoC
~ PART L LOAN REQUESTBOND PROGRAM INFORMATION f~ (Completed by Requesting Department) bull artment I Total Project Appropriation Amount Requested -corrections and Rehabilitation middot i $30000000000 I $682600000 middot----middot~---------middot--middotmiddot--middot-middot------middot----middot--middot----------------------middot------------middot--lmiddot------middotmiddot----middot-----middot-middot-middot-middot-l---middot-middot--middot-middot-----middot------- shyAppropriation(s) to be Funded ~71B -~ Statutory Authority I Date Funds Needed SB 81 Ch 17507 (as amended 8rpoundG 1828 Ch 729Mf) i Welfare and Institutions Code Chapter I 6182011 5225-801-0660 6101753 M3 l 15 Article 3 Sectio~970 1~11 I
_-Q~-~-X~~~fl9ffeE~~ Reh__Qilit~_i~~EiiEJ~~hasc I_ middot ~t1fgtDepartment Contact Titl~---middotmiddot--middot---middotmiddot------middot---middot----middot-middot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middot----middotmiddotmiddot-middotrmiddotPho~middot~~--------
i~~~~ffi(~O~~~~~-~-T fB d J General Obligation ReVeiiue
-N~~~~orb~middotmiddot~dAsp-elfAg~icI~~rg____0_~_21~-eJf-Jgi9_ainK--middotmiddot middotmiddot-~~~~~s-PPs~~~~tilmiddot~middotmiddotmiddotr~o-t~middotmiddot----131Bmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddot--middot--middotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddot-middot--middot-stanislaus County Juvenile ~ommitment Center
Appropriation to be Used D G C Section 167246 Project Contact (SPWB Only) I Phone middot~middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot
for STO Admin Costs D Other__ Darlene Maston I 916-255-2237 state con tr~ji~~middot~middot-middotorfi~middot~middotmiddotp~~imiddottc-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-shy middot-middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddot middotmiddotmiddothasemiddotmiddotrjgtmiddotJ-~middotimiddotmiddotcseTeZimiddotmiddotaIcmiddotmiddotitmiddotmiddotmiddot~iJmiddotiJiy)~middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotpoundsimiddotj~~middotCiTe~i-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot
0 A 0 PP 0 WD fZI C 0 E 0 D-B Completion Date 2152013
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments I 0 To fund an escrow or condenmation deposit fund 0 To pay vendors directly 0 To finance loans to persons other than governmental entities fZI To reimburse local government for vendor payments 0 To make advances to State Architect Revolving Fund D In a trade or business carried on by a nongovernmental person 1 If Yes specify DGS-PMB Project No (J0 To make advances to other state funds If yes specify
--A Will any part of the debt service on the bonds tl1at secure this loan be either secured by or paid from property used in a private business or from federal funds Yes 0 No fZI (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No O IfYES the repayments will be used to 0 pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
-----~i~-- fRol~I~~~~-----G~--~~~=~~=====Famp~=t=l==gF~
(
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
0 This application is reconnnended for approval subject to the following conditions D First$ to be used to payreduce existing PMIB loan _____ D Reduce amount of loan to $ _______
Conditions (ifltpplicable)
_O Ii~__ppJLc~ti~~i~ ~~~Ee~lt1~~9~~fo~E~~JQt~l1l~J~g_fi1~~1g_~RiY~~9~-middotmiddot-middotmiddot--middotmiddotmiddot-middotmiddotmiddot--middot-middot-middotmiddotmiddotmiddotmiddot-middot----~---middot-middot-------middotmiddotmiddot--middotmiddot-middot-----middotmiddotmiddotmiddot-middot---middot-middot-middot-middotmiddot--middotmiddotmiddotmiddotmiddot-signature Director Public Finance Division j Date
l 1 i
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
-middot~is request is recommended for Oapproval 0 rejection 0 modification ____pproved loan amount Loan to be made no sooner than _________ Loan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded
middot-s-gra~re~middot-Ex~-c-u-iT~e-semiddot~~eiarY----middot-middot-----middot-----middot--middot-middot----middotmiddot-middotmiddot-middot---------middot--middot----middot-middot----middot-middotmiddot-middotmiddot-middot------middot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddotmiddot------middot-middotmiddoto-aimiddot--middotmiddot-middotmiddotmiddot-middotmiddotmiddot-------middotmiddotmiddot-middotmiddot--middot-----middot----middotmiddotmiddotmiddot--middot-middot-middotmiddot
____
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
lo 006b _I
----middot-middot-middot-middot-~--middot1
r agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and 1----__ Pooled Money Investment Board (the Board) lends funds as specified below
Total project appropriation $30000000000 Proposed Funding Date 6182011
Loan Amount $682600000 At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state hoi iday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following
s~~~~r~~~ntl_~_~o --middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddot-middot---middot-middotmiddotmiddotmiddotmiddot-middot-middot-middot---middotmiddot-middot-middot-middotmiddotmiddotmiddot~~a~--middot--middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middot---middot-middot-middotmiddot-----middotmiddot-middotmiddot-middotmiddot---middot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot---middot--middot---middotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddot- middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot---middot~ i SB 81 Ch 17507 (as amended 8yen AIHI~middoth-7i91W) 5225-801-06606101753
1_1~pound~~-X~Il~~~IQ~I~~-~E_~p~_~y~_l~lti~i~~-~--~-tJgt~----middotmiddotmiddotmiddotmiddot-middot--middotmiddotmiddot-middot--middotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddot----middotmiddotmiddot-middotmiddotmiddot-middotmiddot--middot---middotmiddotmiddotmiddot--middotmiddot-middotmiddot-middot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot ----middot---jADMINISTRATIVE AUTHORIZATION
_ll_~_ltgt~--~-~C~-()_mm_~~pound~P~P~1bullfPP_lllI21E~2ll~~C-~Ctl_~lhQ~e~~Y~~iltgtSltgtf~iiSt~~Y~i_~ie~l~ol_lgt~~~_ _____________________ Adnrinistrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial
Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest fimiddotom the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan lfthe loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan middot
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds ofBonds or the proceeds of a new loan Payment from any other source is subject to appropriation
(~the State Legislatu_re
~lAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~PPI~CgtP~aisgt~~iJ~)_~_[ltE ~~hP~TP_~~~_---middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middot----middot-------middotmiddotmiddotmiddotmiddotmiddot-------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middot----middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddot middotmiddotmiddot--middotmiddot---middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddot---middot--middotmiddot---------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot i State Agency Name
jJ~P~r_lfl _lt_~E~~poundi~l~~l~_~~~~iol-----middot--middotmiddot--middotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddot--middot-- middotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddot--middot----- middotmiddotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddot----middot-middotmiddot--middot---middotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddot-middot--- middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot----middotmiddotmiddot--middotmiddotmiddot-- _
--T~=I ~~~~~~-i-~~=~~-~=---~-=cr~~__~~~~~~-~-=--middot~~-~--- middot-middotmiddotmiddotmiddot-middot-middoti -~-iAL 1 POOLED MONEY INVESTMENT BO i
iThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of
and the vote was as follows i
i_~_~-middot~-~~-~~~~-~=~~~~~ ____middotmiddot_=----~-~~-=~-~~middotmiddot~~~~sect-~~middot==-=~~-~middot~~~~middot~~=middotmiddot~middotmiddotmiddotmiddot~~=--~-==middot~~~-~-~~I~middot~middot~-middot~~~~Y~~~~middotmiddot~~-~~~~[middot~-~~~B~~~~=Ji Treasurer of the State of California I 1 l~MoHOoHHOHoH-gtHoooobull-bullbull-bullbullbullbullbull---middot-middot--bullbullbull-bullbull---middot-middotbull-MoOHHgtMHObullobulloo-bullbull-bullbull-bull-bullbull---bullbull--H--0-----middot-middotbull--middotmiddot-bullbullbullbullbullH~__-bullbullbullbull-bullbull+bullbull-HOoooOHooHooHoHooOHMo-oMo-oOOoO-Moooooo Moool
Controller of the State of California j j ji _MOOMOMOOMMO MOMM-__MMMMMOOMO---middot--middot--------middot--middotmiddot middotmiddotmiddot-middotmiddotmiddot-middotbullbullMMMOOMMO-MOOMMM _00-00Mbull-o0M_00000MOM-MMMMooMOMMOM-0000_0_00M--00000MMoM0-00-M000000000-0M000000-MOM-OOOM00000000-M0M00MM00000000MM00MOOOOMMiOMOM0_0_000000MOM-00000000-0MMO_M_ __ J- _ ___________________i______ Director of Finance of the State of California i ~-C-o~middot(jjtf)middot~~--(jf~ppif~~b-i~middot)~-----middotmiddot-middot--------middot-----middot--------------middot-------middotmiddotmiddotmiddot---middot-middot-----middotmiddotmiddot---middot---middot-------middot----middot--middotmiddot--middot--Lmiddotmiddot-middot-----middot--middot-middot---middotmiddotmiddot----middotmiddot-------L-----middot------middot-middot--------middot-i
I i jl-----middot-------middot-----middot-----middot----------middot--middot--middot------middot-----middot---------middot------------middot--middot------_____________________________________________-------------middot---middot-middot-middot-middot-middot--middot--middot--middot----middot-----middot----middot-middot_________________________s-_middot-----middot-middot--middot------middot---middot-li Executive Secretary of the Pooled Money Investment Board Date I I i i
i ~- l i
L---------middot----middot---middot---------middot-------------middot-----middot---middot--middot-----------middot--------middot-middot---------------------middot-middot---------middot---- ------middot--middot------middot-middot-middot---middot-middotmiddotmiddot---middot---middot-middot-------middot------middot-----middot-middot--middot----t--middot---middot---------middot------middot-middot-jmiddot-ISTRUCTIONS TO CONTROLLER
( J middotv Proceeds from this loan should be invested in the Surplus Money Investment Fund SMJF earnings and bond proceeds will pay interest ~ The General Fund will pay interest Do not invest loan proceeds in SMIF
Commercial Paper will be used to repay this loan Yes V No
Reserve $_______________ of the proceeds from this loan for Cost of Issuance PM IA interest and administrative costs
_~~~~~~0----
Rev (61 0)
MIA Loan Request for Revenue Bond Programs l Ol OObG
ashflow Statement
(~partment Name Corrections and Rehabilitation Project Name Stanislaus County Juvenile Commitment Center
~ Year 20112012 Est Project Completion Date 2152013
Date 5132011 Est Phase Completion Date NA Acquisition
6~826000 5132011
6212011 Work Draw
Loan Amount (1l __$ _____- Prelim Plans
Funds Disbursed to Date $ - Per SCO Report dated 0000 2152013 Constr (Zl
___---~---
Jame of Bond Program Lease Revenue-Stanislaus County Juvenile Commitment Ctr ___NA_____ Equip
_N_A_____ Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and the Next 12 Cumulative (APWCE
Year 0 n Actual Disbursements Months Disbursements D-B)
Prior yrsmiddot
1
2
3
4
0 5
6
7
8
9
10
11
12
16 11
17 Oct-11
18 Nov-11
19 Dec-11
20 Jan-12
21 Feb-12
22
(J 23
24
14
15
545 00000 552 500
818 00000 1 370 500 c 1 091 00000
1 091 00000
c
1 091 00000
1091 00000
c
1 091 00000
7 500
7 500
c
c
c
c
(1) Rounded up to nearest thousand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
0
_~~To_ ~- ~ 1shyl ~ 1gt1 0
0 OEPARTMENT OF EOMUNO G BROWN JRbullbull GOVERNOR
~-FDotF I N A N C E ----S-TA-TE-C~A-P-ITC-1-bull~R-o-o-M-~~45~~S-AC_RA_M_EN_T_o-C-A-bull-9-5~B~1--4-4~9-i=-B-8~www~~o-c~~CA-llc~v CFFICE CIF THE DIRECTCIR
May 12 2011
Mr Bill Dowell Administrator Pooled Money Investment Board 915 Capitol Mall Room 106 Sacramento CA 95814
Dear Mr Dowell
AB 55 Loan Application for County of Stanislaus Juvenile Commitment Center Project
The following detennination is respectfully submitted pursuant to the Pooled Money Investment Board Pooled Money Investment Account Loan Policy adopted October 20 2010
This loan request is for the states share of costs for the County of Stanislaus Juvenile Commitment Center Project one of many youthful offender rehabilitative facility projects included in the SB 81 Youthful Offender Rehabilitative Facilities Construction Financing Program middotIn this program the county rather than a state agency manages the construction contract and process Furthermore the county is responsible for a portion of the project costs including any project cost overruns Thus at this stage of the project it is fiscally prudent to fund the construction costsmiddot using an interim loan rather than to issue bonds until final costs are known and we are confident the county will have fully funded its share
Based on the factors noted above the Director of Finance has determined the project is not appropriate for upfront bond funding and therefore interim financing is necessary to fund the -construction phase of the project If you have any questions or need additional information regarding this matter please call Chris Lief Principal Program Budget Analyst at (916) 445-9694
ANAJMATOSANTOS Director By
1~ (-gt2--shyMICHAEL COHEN Chief Deputy Director
icc FINN ROGERS LIEF BENSON CF (3) SUSPENSE FILE 0
57
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal ~
~
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs
PART I LOAN REQUESTBOND PROGRAM INFORMATION Jl~ (Completed by Requesting Department) middot hrtment middot I Total Project Appropriation
Forestry and Fire Protection _L~2085600000 Appropriation(s) to be Funded IStatutory Authority Ch 26808 Item 3540-301-0660 (1) Gov Code Sec 15830 et seq
Elus interest and admin _--___ I Department Contact I Title
Linda Webb -------middot-----middot-----middot-middot-middot---middot-----t Chiet_A~ou~ting Administator Dep~entDirectors Name (please print) ~ ~ Janet Barentson middot middot ~_ __ ~
I General Obligation RJvenue
FOR STO USE ONLY
lOlOblolPMIBNO
I Amount Requ~ted ~GGG~middot~-IDate Funds Needed
6172011I I i PhoneI (916) 653-8047
middot--middot~--middot--------middot--middot
ID~i5r Type of Bonds I D SelfLi uidatin D Non-SelfLi uidatin_____________q____g______________~____g____ I~ ~~WI___o Oth~----middot----middot--middot-middot------middot-------middot-Name of GO Bond Act Name ofSPWB or Other Project
Santa Clara RUH Replace Facility -middot-middot-M--WMO__________ ______________ ___________________ -igtrofectcontact(sPWi3-oi1ly)_____rigtI1Ciiemiddotmiddot-middot-middot---middot--middot----middot---
Appropriation to be Used for STO Admin Costs D GC SectiOn 167246 Belinda Swackhammer I (916) 322-1205
middot-middot-middot--middot-shy middot--middot-------middot--O_Qth~~-QSY_fgd_e~~~I~~shy _____ _g~~JS~~Eit~LQ~tlay_An~_l~-middot--middotmiddot-middot--middot--middot-----middot-------middot---middot- State Controllers Office Fund Phase of Project (select all that apply) Est Project Completion
DA ~pp DWD De DE Date 6132016
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following)
D To make advances to local governments I D To fund an escrow or condemnation deposit fiind ~ To pay vendors directly I D To finance loans to persons other than governmental entities D To reimburse local government for vendor payments ~ To make advances to State Architect Revolving Fund D In a trade or business carried on by anongovernmental person I IfYes specify DGS-PMB Project No 124684
~D To make advances to other state funds If yes specify ( ___ Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private business or from federal funds Yes D No~ (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No D If YES the repayments will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
________________~~middot~is~~~~~~~middotmiddot-------------middot------Tmiddot-R~so~i~~~~umber I Sale L Loan --middot CP Date
---middotmiddot ---middot--middotmiddot-middot----middotmiddotmiddot-----middot----shyLJ 10102008s~i~~igt~i1cYor~l~~EL=~~~~~===~-=~~~==~===~=~~=~===-~~~=====-_______L_=----middot-I--- leSJ
___ --+----o___J____w------1---~~=~~~~~~-~====~~ D I D
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
~ This appoundication is recommended for approval subject to the following conditions l8f First $ 3~pound0) 00 to be used to payreduce existing PMIB loan l0 IOOoJ D Reduce amount ofloan to$ _______
Conditions (if applicable) _D This ap_p_cati2_n is__lot recommended for __aEP~0__px_t~~_lublieFi~~~e Diyisi_21______middot--middot---------middot-------- shySignature Director Public Finance Division IDate
PART III RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
_]his request is recommended for Dapproval D rejection D modification ( - )proved loan amount Loan to be made no sooner than _ ---oan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sun~ay) from
the date the loan is funded -Signature Executive Secretary Date
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS middot
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I FoRSTousEoNLY
IPMIBNO l L I0 00~1
~~agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and __Pooled Money Investment Board (the Board) lends funds as specified below
Total project appropriationtl205600000 4 Proposed Funding Date 6172011 Loan Amou~t)(T(Wo M i rJD -1 At the discretion of the Board and upbn notice to the state agency this loan may be wholly or partially repaid using unexpended Ioanproceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds ofthe loan are to be used only for the purposes authorized for use ofthe proceeds of the sale ofbonds (Bonds) authorized by the following
~~~~middot~= ADMINISTRATIVE AUTHORIZATION The bond sale commercial paper if apoundQ_~able and this loan have been authorized by actions of administrative entiti~ as follow_ _________
i Administrative Entity I ResolutionOther Date I r-st~TePuhlicwork5Bo~~middotdmiddot----middot-middot-middot-~--middot middot---------middot---------- 1011oi2o-o8----middot---------- ---------middot-1
middot-middot-middot----middot-------==-=~===-~==-~~~~~~~~~~~~=~=1=~~=====-~=-~====~=~~==~~middot=~~~~~=~_I~===~~=-~~~=-=-==~==~--l The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special middot lited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation
Clhe State Legislature
LOAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
_PE~iation availabj_e for ~~~poundOS~___________________________middot---middotmiddotmiddot---middot-middotmiddot-------------middot---------middot---middotmiddot-middot-middot-------middot---middotmiddotmiddotmiddot State Agency Name
~~~f~~re~ndFire_~~middot~rnRJI~Facili_tj___~
~ --middot------middotmiddotmiddot-------middot--middot--middot-middot--------middot-middot-middot-middot--middotmiddotmiddot--middotmiddot----middotmiddotmiddot-middotmiddot-middot-middot---middot-middot-middot----middot------middot-middot------middotmiddotmiddot-middot----middotmiddot-----middot-middotmiddot--- o_JL___]t t~~~~~~~~~tds~~~~abl~~~-~~Co A A~~ ~-------------------- ----middotmiddot--middot----_1_[_Jf__J
POOLED MONEY INVESTMENT BOARD Jamp1lMIVEefRETARYS CERTIFICATION 1
IThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of I L===========-= ru~_the_~e ~~as_~~~---middot-------middot------middotmiddotmiddotmiddotmiddot---middot--------middotmiddot--------middot----middot-middotmiddot--middot-middotmiddot-----middot-------middot-------1
MEMBER AYE I NO
Treasur~-of~~s1a1e0r~_alifoffii~=~~~~==-~~===~==========~=~-------middot-middot--------------middot-middot--l_______________Controller ofthe State of California I
I Director ofFinance of the State of California _______l___________j________-j Conditions (if applicable) i
IfIEXeCutfvesecretarY0filiePOoledMQileYriWeStffien1B0ad___ Ioo~O I
cISTRYCTIONS TO CONTROLLER - middot __ V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest
----_The General Fund will pay interest Do not invest loan proceedsect)n SMIF Commercial Paper will be used to repay this loan Yes v No
Reserve $_______________ of the proceeds from this loan for Cost of Issuance PMIA interest and administrative costs
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(epartment Name Department of Forestry and Fire Protection Project Name Santa Clara UH Replace Facility
~~ Year 2011 Est Project Completion Date 6132016
Date 4292011 Est Phase Completion Date NA Acquisition
Loan Amount lt 1l $ 42000__________ 9302013 Prelim Plans
--~___ _ Funds Disbursed to 9302014 Work Draw__________
Date _$_____3_2_8_0_3_Per SCO Report dated 33011 6132016 Constr lt 2l______ _
~ame of Bond Program Public Buildings Construction Fund _______ Equip
_______ Design-Build
( 1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year Pro ection Disbursements Months Disbursements D-B)
941600Prior yrs 7108-4302010
1~-~~~+------~------~ 2~-____~~+------~-------~ 3~--~~+------~-------~ 4~-~~~+------~-------~
0 5
6
7 Nov-10
8 Dec-10
9 Jan-11
10 Feb-11
11
14 Jun-11
15 Jul-11
16 Au 11
17 Se 11
18 Oct-11
19 Nov-11
20 Dec-11
21 Jan-12
0 22 Feb-12
23 Mar-12
p
41 094 p
41 094 p
41 094 p
41 094 p
41 094 p
41 094 p
41 094 p
41 094 p
41 094 p
000 p
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
16
p p
16 p
16 p
16 p
16 p 16 p 16 p 16 p 16 p 16
9 416 p
p
T
Name of GO Bond Act
middot-middot-middot-middot-------------middot-middot--middot--middotmiddot---middot---middot---middotmiddotmiddotmiddot-middotmiddot
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal ~
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs FORSTOUSEONLY IOl Lmiddot PMIB NO 00101
PART I LOAN REQUESTBOND PROGRAM INFORMATION
__Jlus interest and admin--------middot Department Contact Linda Webb
-=-----middot-middotmiddot-middotmiddot-middot-middot-middotmiddotmiddot-----middotmiddot--middot--middotmiddot--middotmiddot---middotmiddot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot Department Directors Name (please print) Janet Barentson
T fB d I General Obligation ype~----~-~--__j_Q ~~lfdg_liEati~g___QJipound]~lfli_~idatin_g________________ O_Qt_J_l~~----middot--middotmiddot--middotmiddot--- -- -middot-middot-----middot--middotmiddot---middotmiddotmiddotmiddot---shy
Name of SPWB or Other Project Siskiyou Unit HQ Replace Facility
______________----_ ___________ Projecc-0iliaC-(sPWBoilly)-----_I-Igti10~e-----middot--middotmiddot------middot--------shyo GC Section 167246 Belinda Swackhammer (916) 322-1205 D Other ~~l=f~1__g~it~_Q~t~yenAJl~i~ L_____________ __________
StateControllers-Office Fund Phase of Project (select all that apply) Est Project Completion D A ~ PP D WD D C D E Date 812016
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) D To make advances to local governments I D To fund an escrow or condemnation deposit fund ~ To pay vendors directly il D To fmance loans to persons other than governmental entities D To reimburse local government for vendor payments ~ To make advances to State Architect Revolving Fund D In a trade or business carried on by a nongovernmental person I IfYes specify DGS-PMB Project No 124686
D To make advances to other state funds If yes specify IJWill any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private
business or from federal funds Yes D No~ (For Revenue Bonds only) 3 For departments using these funds to make grants or loans Are repayments expected Yes D No D If YES the repayments
will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
~ This application is recommended for approval subject to the following conditions ~ First$ L000 1 oo to be used to payreduce existing PMIB loan l0 DOO$ D Reduce amOJnt ofloan to $------ shy
Conditions (if applicable) _D his-~EP~a__ion_is n()_]~comm~p~-~~flt~~EPIS~~poundY_~e ~ublic_E~nance J2ii~~()E_____________________________________ Signature Director Public Finance Division Date
PART Ill RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval 0 rejection D modification
( proved loan amount Loan to be made no sooner than-=--------- shy-~dan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from
the date the loan is funded=middot=--------middot----middot---middot--------------middot----middot- -middot-middot-middot---------- shySignature Executive Secretary Date
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
-------
-------_______
-------
2
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
03partment Name Department of Forestry and Fire Protection Project Name Siskiyou UH Replace Facility
---- Year 2011 Est Project Completion Date
Date 4292011 Est Phase Completion Date
Loan Amount lt1gt $ 144000---------- shyFunds Disbursed to
Date _$____108055_Per SCO Report dated 33011
~arne of Bond Program Public Buildings Construction Fund
( 1) (2)
Month and Original
Year Projection
Prior yrs
-1
2
3
4
6
7
8
9
0 5
15
16
17
18
19
20
21
Feb-12(J22 23 Mar-12
(3) (4)
Actual
Disbursements
Projections for
the Next 12
Months
812016
NA
6302013
____________1112014
812016
(5)
Cumulative
Disbursements
Acquisition
Prelim Plans
Work Draw
Constr lt gt
Equip
Design-Build
(6)
Phase of
Project
(APWCE
D-B)
7108-43011
10
Jun-10
Jul-1 0
Nov-10
Dec-10
Jan-11
10 Feb-11
11
14 Jun-11
Jul-11
11
11
Oct-11
Nov-11
Dec-11
Jan-12
111 30029 111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300
111 300
143 391
143 391 p
143 391 p
143 391 p
143 391 p
p
143 p
143 391 p
143 391 p
143 391 p
144 000 p
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with Joan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewali8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs ~~r~u~OLY 1oIoOlo3
PART I LOAN REQUESTBOND PROGRAM INFORMATION
~----------------------~====~~~==~~==7~~--~~--~--~--~~--~t _)rtment Forestry and Fire Protection Appropriation(s) to be Funded Ch 26808 Item 3540-301-0660 (3)
Ius interest and admin ------middotmiddot+-MDepartment Contact I Title Linda Webb J Chief Accounting Ad inistator
middotmiddotnepartment nireciltirs-Name-(jj-iea5-epri-ii)-middotmiddot---middot--middot---middot---middot--middotmiddot-middot-middotmiddotmiddot-middotmiddot----middot-r-middot------n-imiddotemiddot---middot---- ------middotmiddotmiddot-------middot-middotmiddot+
Janet Barentson
2ype o~~~~-~~~_j__o~~~~ DtJ~~~lflJ_q~~~~g________ ~1i~___o_othe_middotmiddot-----middot---middot--middot------middot---middotmiddot-----middotmiddot-middot---middot-middot- shyName of GO Bond Act Name ofSPWB or Other Project
Vina Helitack Base Replace Facility
~i~~~F--~~6middot~=~~---------middot-middotmiddot-middot--middotmiddotmiddotmiddot--middot-middot---middotmiddotmiddot-middot-middot-middot-middot-middotmiddot-middotmiddotmiddot----middotmiddotmiddotmiddotmiddot-o_Q~E_~r 9lt~ CoA_~ ~-~c__ 11~middot-middot--middotmiddotmiddotmiddot-middotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddot-middot __g~=f~~2-~~~LQ_Etla__~p~~Y~_t______middot---middotmiddotmiddot-middot-middotmiddotmiddot-middotmiddot--middotmiddotmiddotmiddot--middot-middot-middotmiddotmiddot-middot--middotmiddotmiddot-middot-middotmiddotmiddot---middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot State Controllers Office Fund Phase of Project (select all that apply) Est Project Completion
D A 18] PP D WD DC DE Date 112016
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments I D To fund an escrow or condemnation deposit fund
181 To pay vendors directly I D To finance loans to persons other than governmental entities 0 To reimburse local government for vendor payments I 181 To make advances to State Architect Revolving Fund 0 In a trade or business carried on by a nongovernmental person 1 If Yes specify DGS-PMB Project No 124824
~0 To make advances to other state funds Ifyes specify (J Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private
business or from federal funds Yes D No 181 (For Revenue Bonds only) 3 For departments using these funds to make grants or loans Are repayments expected Yes D No D IfYES the repayments
will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
~~-b~~~I i D I D D Ii
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
I8J This application is recommended for approval subject to the following conditions ~ First$ Lj4 QO() 6~ to be used to payreduce existing PMIB loan 0 DOOY 0 Reduce amount of loan to $ ------ shy
Conditions (if applicable)
11 T~s~PPicati0]-_~~_9t recomme~~~ for ap_p_Qvaljgtx_~l_l~fublic fina~~_Qi_yl_sl_~---middot-----middot-----middot--middot--middot--middot-middotmiddot-middot--middot-----middot-middot------Signature Director Public Finance Division I Date
PART III RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
~This request is recommended for Oapproval D rejection D modification ( )proved loan amount Loan to be made no sooner than _________ -4oan is due 364 days (or the next preceding business day ifthe due date falls on a state holiday a Saturday or a Sunday) from
the date the loa~J is funded -------middot---------middot---middot----------------middotDate--middot--------middot---- shySignature Executive Secretary
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs GoRsTo usE oNLY
IPMIB No loIooto3 agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and -~)ooled Money Investment Board (the Board) lends funds as specified below
Total project appropria~ion $1306200000 Proposed Funding Date 6172011 Loan Amount-$5000666r 1JQgt ODD 6b S T At the discretion of the Board and upon n6tice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special ---(ted obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation
( he State Legislature ~
LOAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
c_bullc croia91_~va~1~~1~ for suchE~lt-~-~____middot--middot------middot----------middot-middot---middot-middot-----middot----middot--middot-middot--middot----middot-----------middot----middot--middot--middot----------middot--middot-middot----------~ ate Agency Name i e art~_~_t of F~~EL~nd_~ire ~ro__~~~E-=Yl~~ H~ita_~~~~e=J~plac~_~~ili~Y--_middot-middot-middot----middot--~Q~~M~~~jpound~~~ 124sect~~-1 rectors Signature I ate 1 -n=~~middot~---~- ii~1-l rpooiED-MoNEviNvEsTMENTB-OAM~n~-iARvmiddots-middotcERTiFicAnoN--middot--middot-middot--middot---middot-middot f-Lf_Jt__1I V~CRE l
lj The Pooled Money Investment Board approved this Joan pursuant to Government Code Section 16312 in the amount of i =========== and the vote was as follows I
r~~~~~=~==--=-~~ i Controller ofthe State of California i i Director ofFinance of the State ofCalifm~ia middot-------middot-middot----middot-- -----middot-------middot---~----------1 --------middot - -------------middot-----middot---- ----------middot---- -----middot--------------middot---i
Conditions (if applicable) middot I -Executive Secretary of the Pocilect MoneyInvest~tBoardmiddot--------middot-------middot-middot------middot-----------middot----r-Date----middot-middot-~ i I
(~~)TJ3UCTIONS TO CONTROLLER -1
i __ Proceeds from this Joan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest
-=---The General Fund will pay interest Do not invest Joan proceedsect-in SMIF Commercial Paper will be used to repay this Joan Yes No
Reserve$_______________ of the proceeds from this loan for Cost oflssuance PMIA interest and administrative costs
-------
-------
7108-43010 22 55600
M
2~-~~~~------+---------~ 3~-____~~~----------+----------- 4~-_~~~------+--------
Nov-10
Dec-1 0
Jan-11
Feb-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
51 000 p
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
Rev (610)
MIA Loan Request for Revenue Bond Programs 1oleO~s ashflow Statement
(partment Name Department of Forestry and Fire Protection Project Name Vina Helitack Base Replace Facility ---_
Year 2011 Est Project Completion Date _ ___11__2__01--6__
Date 4282011 Est Phase Completion Date NA Acquisition
Loan Amount (1l $ 51000 612013 Prelim Plans __________ _ _____=___612014__Work DrawFunds Disbursed to
Date _$--___4_17_3_2_Per SCO Report dated 33011 112016 Constr(2l
~ame of Bond Program Public Buildings Construction Fund -------Equip
-------Design-Build ( 1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year P ction Disbursements Months Disbursements D-B)
Prior yrs
1
0 5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
0
22
p p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p p
State of California- State Treasurers Office LOAN REQUEST New Loan 0 Renewall8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs PMIBUN01Y I0 I 00fo4 PART I LOAN REQUESTBOND PROGRAM INFORMATION
~ (Completed by Requesting Department) artment Total Project Appropriation Amount Requested fl)fI
~ 6-estry and Fire Protection $4553400000 bull ~0t11~1 (Ji) v v Appropriation(s) to be Funded -- 7-llj StatutoryAumiddot--th-o-ri--ty-----------L--=-bull-=Da_te-F-u-n-=-ds--N~eed-edCh17107 Item 3540-301-0660 (8) 1 Gov Code Sec15830 et seq l 6172011
plus interest and admin I IDepartment Contact -----------middot--middot------middot---+1-=Title---------middot--------+middot-pmiddot-h-o-n-e_______
Linda Webb middot IChief Accounting AA_ministator L(916) 653-8047
~=~~~~~~~rsName(i)ieaieprint) middot--------middot-middot---middot------~~_plusmni Q--- tf5J IJJ
Revenue [gj SPWB D Other--=-----middotmiddot--middot--middot--------middot-----middot---- shyName of SPWB or Other Project Growlersburg CC Replace Facility
-M-middot-~-~-M ---middotmiddotmiddot----middot-------middot---middot-middot--middot-middot---middot-middot Project COntact (SPWB-Only) ------middot-middot-middot-T-PhODe--middot----middotmiddot--middot-shy
~~~~~~~i~o~~~____B__ g~~~r~Q~~~-~~~~~J~1-- -~~t~~~~~~l-~~~Y~J~~-~~~~~~-~-~-~~---middot----middot-middot- State Controllers Office Fund Phase ofProject (select all that apply) Est Project Completion
0 A 18] PP D WD 0 C 0 E Date 4302017
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) D To make advances to local governments J 0 To fund an escrow or condernnationdeposit fund 18] To pay vendors directly I 0 To fmance loans to persons other than governmental entities 0 To reimburse local government for vendor payments 18] To make advances to State Architect Revolving Fund 0 In a trade or business carried on oy a nongovernmental person i IfYes specify DGS-PMB Project No 124628 0 To make advances to other state funds If yes specify
( Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private ~)business or from federal funds Yes 0 No 18] (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No 0 If YES the repayments will be used to D pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
---middot---middot-----middot----- ~dmi~is~~ive-i~i~--middot- middot-----middot---middot---middot---middotrResol~~oi~~~ber --~~~-~-middot Loan cp Date
-middot-----middot-----middot--middot-----middot-middot--middot-----middot-middot---middot---------middot--middot---______--l___________+-middot-middotr=middotmiddot-middot--t--middot--~middot--middot----middot--r=-middot--middot-middot+-middot-----middot----middot--middot---middot-11
~~~-~li~_F2Eks ~Q~~-- --middot-middot--middotmiddot--______middot--middot----middot------i---- -- [ J middot rgj LJ middot--~pound~~QQ-
--middot-middot-----middot--middot _ ________middot-middot--middot-middot-+---middot--middot--middot-- --lr--blo -middot-middot-61___ ----middot0 shy--- _middot---middot--middot--middot--middot-middot----middot----middot------ --- ____ __ middotmiddot--middot--------- ____ D I 0
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
181 This application is recommended for approval subject to the following conditions ~ First$ 15lti10QQ 0deg to be used to payreduce existing PMIB loan l C fXgtO 5 D Reduce amount of loan to $ _______
Conditions (if applicable)
JJ3~~~is tJot recotru~_tJ_~ed for -EP9Y~~~he P~bli~X~~_Ece Divis_9g__________~-middot---middot-------middotmiddot---Signature Director Public Finance Division Date
I PARTIII RECOMMENDATION
(Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval 0 rejection 0 modification middot Loan to be made no sooner than _________
~oan is due 364 days (or the next preceding business day if the due date falls on a ~tate holiday a Saturday or a Sunday) from the date the loan is funded--------middot---------------- shy ---------------------------middot shySignature Executive Secretary Date
( shy ---)Proved loan amount
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I~~I~u~crLYf o1oo~y (agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ~1ooled Money Investment Board (the B~ard) lends funds as specified below
Total project appropriation $4553400000 C( Proposed Funding Date 6172011 Loan Amount $175666600-- 1l 11 S ODD C5b At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds ofthe loan are to be used only for the purposes authorized for use of the proceeds of the sale ofbonds (Bonds) authorized by the following
ADMINISTRATIVE AUTHORIZATION rThe ~o~d sale _ltom~ercia_Paper if aPQiicable a~d this IO~f_lVe been authorizlaquo_c_~Y~~tilaquoJns of a~_nistrativ_laquo__ctitie~as foll_Q_ws ---middotmiddot--- 1 Admllllstrat1ve Entr_l ResolutwnOther 1 Date i
r~st~~~~blipound~~~~~3o~i~----middotmiddot~=~~===~_l_======~~=~=~=-==-===~==r-_2~(~Qii==~~=---==-=~====~-~l t=~==~~~=~=~=~~~~====~=~~==~==~=~=~~~----middotmiddot-middotmiddotmiddotmiddotmiddotmiddot -middotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot---middot-middotmiddotmiddot--middot--middotmiddotmiddot-middot--middot-middotmiddotmiddotmiddotmiddotmiddot---middot-middotmiddot-middotmiddot-----middot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot---middot middotmiddotmiddotmiddot---middotmiddot-middotmiddot-==~~~~~===~=~~~~~==~====~~~j
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special ---ited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation
( e State Legislature ______
LOAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
ro ri~i~~~~ailabl~f~_su~hJ21pound~~~middot=-middotmiddotmiddotmiddot-middotmiddot--middot-middot-middot-middot-middotmiddot----middot--middot--middot-middot-----middot--middot---middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-------middot--middot-----middot---middot--middot-middot-middot--middotmiddotmiddotmiddot-middotmiddot-----middot--middotmiddotmiddotmiddot---middotmiddot-middot---middot-middotmiddot-middot--shy~N~ I
o(~_ltgtE~~_J_and ~r_e PE~~tio_- G~ersJl~_g__ltf__~p-~-~-~~~j_l_iY-_________________________pG~~ll~~j_~~t ~~~~~
~~~----------~~~poQiEDMoNEYJNiiEsTMENT~CREJARYSCEiiTIFiCATION---~ The Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of 1
~-----=--~~~~~~--=--=~~~==~-=~~-~~~~==-~=~==~~~~~~~~====~-=--middot --middot-r--==~~~n~~==~= ~=~-=- 1Treasurer of the State of California --Controllero-ftheStateof Californiamiddot ------middotmiddot-middotmiddot middot-middot----------middot---- shy
~_~~=~~ SretoofCampifoffii =-==L-_ -----= I Executive Secretary of the Pooled Money Investment Board IDate I
~rfirucTIONS TO CONTROLLER J V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest ___ The General Fund will pay interest Do not invest loan proceeds in SMIF Commercial Paper will be used to repay this loan Yes V No
Reserve $__~____________ ofthe proceeds from this loan for Cost ofissuance PMIA interest and administrative costs
Rev (610)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
i~partment Name Department of Foresty and Fire Protection Project Name Growlersburg Conservation Camp ---shy
Year 2011 Est Project Completion Date
Date 4292011 Est Phase Completion Date
Loan Amount lt 1l $ 1751000
Funds Disbursed to Date $ 1 587371 Per SCO Report dated 33011
~arne of Bond Program Public Buildings Construction Fund
Priory
0
(J
rs
(1) (2)
Month and
Year
7107-4302010
Original
Projection
(3) (4)
Actual
Disbursements
Projections for
the Next 12
Months
1 632 5071)
1 May-1 0 -2 Jun-1 0 -3 Jul-1 0 -4 Aug-10 -5 Sep-1 0 -
6 Oct-10 -7 Nov-10 -8 Dec-10 middot -9 Jan-11 -
10 Feb-11 -11 Mar-11 -12 Apr-11 -
gti bull ~68911hter~~k~illlliili11famptilt0l~lt middotmiddotmiddotmiddot~
_ __430-=2017___
___NA~-- Acquisition
10302012 Prelim Plans
10302013 Work Draw
4302017 Constr lt2l
______ Equip
_______ Design-Build
(5) (6)
Phase of
Project
Cumulative (APWCE
Disbursements D-B)
1632507 p
1 632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1632507 p
1 632 507 p
1 632 507 p libullcmiddot~()qbull1 JjjfJS~~ ~middot I~Adr~~EN~I3l~~IZ middotd28tBni [D ~ G
lmrrKmiddotbullymiddot~r 1~b bull 11 v (5btJ()bi May-11
14
13
Jun-11
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11
19 Nov-11
20 Dec-11
21 Jan-12
22 Feb-12
23 Mar-12
(1 bullllnrlFrl lln Anr_j ) bullnno~n-4IHV-u
p1 750 824-p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824-p1 750 824 -p1 750 824 -p1 750 824 -p1 751 000 -
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
I
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal~
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs IPMIBUNO~LY 0 l DO laS PART I LOAN REQUESTBOND PROGRAM INFORMATION
(Completed by Requesting Department)
( rtment Total Project Appropriation 9Arnount Requested ~ 1shymiddot__ middotltartment of Education j SNQJS3Q()G66 -(J_vnDO() 1 $52800hl)0 ~z~ lt)C)O
Appropriation(s) to be Funded IStatutory Authority j Date Funds Needed Chapter 171 Statute of2007 Item 6110-301-0660(3) I Government Code Section 15830 1 6172011
I I I
Department Contact i Title I Phone Allen Young j DCMS 1 916-445-4557 Department Directors Name (please print) I Signatur~tPfA ID~~1fRichard Zeiger Chief Deputy Superintendent l k If
IGeneral Obligation Revenue (jType ofBonds ~SPWB 0 Other0 SelfLj91_Qatigg___ONpn-S~)fLiguidating -
Name ofSPWB or Other Project Academic Support Cores Bus Loop and Renovation
Name of GO Bond Act
-----middot---------------~-Project Contact (SPWB Only) ~ Phone middot
middot-middot~~ STO AdniE_Sost~---~ Other 9~middot15~_30 Appropriation to be Used D GC Section 167246
)e bb1-e WokM ----------middot(~I()-~~liD__ State Controllers Office Fund Phase of~ct (select all that apply) Est Project
D A Iamp] PP l WD D c DE D D-B Completion Date 4282014
Use of Loan Proceeds 1 Will any ofthe loan proceeds be used (Please check ifanswer is yes to any ofthe following)
D To make advances to local governments i D To fund an escrow or condemnation deposit fund IZJ To pay vendors directly I D To fmance loans to persons other than governmental entities D To reimburse local government for vendor payments I IZJ To make advances to State Architect Revolving Fund DIn a trade or business carried on by a nongovernmental person If Yes specify DGS-PMB Project No 124637 D To make advances to other state funds If yes specify
=)Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private business or from federal funds Yes D No IZJ (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No D IfYES the repayments will be used to D pay debt service or D to fund more projects middot
ADMINISTRATNE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES - lResolution Number I s T~--~--C~---Tmiddot---~ t
Administrative Entity i 1 1 1(GO ONLY) a e oan a e I i I i I--middot- shy
State Public Works Board------middot-____ - l -----=r -B-t---~-t--B- middot-F 9il42~o7___ _____
--middotmiddot--- 1 d--1--o---r-middoto---r-middot----shy1
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
lXI This application is recommended for approval subject to the following conditions ~ First$ 50(pJOOO 00 to be used to payreduce existing PMIB loan Of 000fo D Reduce amount ofloan to $ _______
Conditions (if applicable) Jd This aeelication i~ not r~commend~~ for aeeroval by the Public Fin311ce Divi_~_lmiddoto=nc__________-=----------- shySignature Director Public Finance Division j Date
I PART III RECOMMENDATION
(Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Dapproval D rejec~ion D modification -A-uproved loan amount ~ ~ Lo8p Jo be made riosooner than ( n is due 364 days (or the next preceding business day if the due date falls on a state holiday-a~s=-a-t-u-rd-=-a-y_o_r_a_S_u_n_d_ay) from
-ufe date the loan is funded middot Signature Executive Secretary Date
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I FOR STO USE ONLy
I PMIB NO I 0 I 00 5 l
Tb--agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( Jed Money Investment ~ard (the Board) lends funds as specified below -- j I 111Y27oOO Total project appropriation $163839QQOO Proposed Funding Date 6172011 Loan Amount $i1800fiOO E ~ 1OtgtO ~ At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business daymiddotifthe due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following ~tatu_es (Bo~-6~--- _ middot ___ l~h 171 Statute of2007 Item 6110-301-0660(3)shy middot=J ADMINISTRATIVE AUTHORIZATION The bond sale commercial ~er if lpoundPIicable1 and this loan have been autho~ized by_actions of administrative entities as follows
Administrative Entity I ResolutionOther I Date l
t=~te Pu_~ic ~orks Boar~=-~=~~--middot-r-~~~~~RRiova~~---------L~~~=-------middot-middot-middot-----middot--j The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the statemiddotagency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subJect to appropriation by the State Legislature
(~N RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
__IRl~l_i_~~~~ available foi_such_p~~~~
IState Agency Name middot -------1 __)~~artment of Educatio_n___ middot---- shyi Directors Signature llJpoundJmiddotState Public Works Board (if applicable)
Administrative Secretary Signature ~==~~~----~~21-tL__1
POOLED MONEY INVESTMENT BOARD EXECUTIVE SE-fl--f1
The Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of 1 and the vote was as follows
MEMBER ----+~middot-middotA_YE J N_0_1 Treasurer of the State of California ~
Controller ofthe State of California DirectorofFinanceoftheStm~-o~f~C~a~l~ipound~orn-~ia------------------middot--------------------~-------------------~--------middot
~--~--~--~777-------------------------------------------------~-----------------L-------I Conditions (if applicable)
Executive Secretary of the Pooled Money Investment Board Date
INSTRUCTIONS TO CONTROLLER0 V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest ~ ) The General Fund will pay interest Do not invest loan proceeds in SMIF
ccfmmercial Paper will be used to repay this loan Yes No
Reserve$_______________________ of the proceeds from this loan for Cost oflssuance PMIA interest and administrative costs
l
______
______
Rev (610)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(apartment Name Department of Education Project Name Academic Support Cores -~
middot Yea~ 2011-12 Est Project Completion Date 4282014
Date 472011 Est Phase Completion Date ___n~a____Acquisition
Loan Amount (1gt $ 529000___----=~~_
Funds Disbursed to Date _$___504l54_6_ Per SCO Report dated 33011
~ame of Bond Program Public Buildings Construction Fund
(1) (2)
Month and Original
Year Projection
Prior yrs
1
2
3
4
5
60 7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22 ~ 23
U 24
(3)
Actual
Disbursements
(4)
Projections for
the Next 12
Months
__5132_01_1___ Prei i m PI a ns
__4122_012=--- Work Draw 2282014
-~=___
(5)
Cumulative
Disbursements
Constr (2l
Equip
Design-Build
(6)
Phase of
Project
(APWCE
D-B)
(1) Rounded up to nearest thousand
47202054
232950
~~r~~~~~~i~~11
299f8gt4~g~middotmiddot~~-~~ ~ bullbullbull I ~~~~H~ bull J
ltfAmiddotIf~t17~1middot~middotamiddot no bullbull lmiddot pound~ 1 1 1it bullbull bull bull
middoty-ltbullbull11~~~)~~~-~~f~~f~middott- ~50(~00
472021 D
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 p
474350 p ~tgtpound~~a~1~~c 1) bull t~ ( ~
lt-Cimiddot~c~- 504middot309 IFIitiNr~ ~v~middot bullfg(7ff ft(bull-- 528middot 9373~~~i~~t~ ~-middot~ ~ ~0i~t~~nr1~
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
529000 p
12008-5201 0
Jun-10
Jul-1 0
Aug-10
Sep-10
Oct-10
Nov-10
Dec-10
Jan-11
Feb-11
Mar-11
Apr-11
May-11
JH_ter~$t~f~~n~~~-~i~~~ g8ffil81f~~j~~i
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
Apr-12
May-12
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal [8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs PMI~~~~LYr o( oos l
PART I LOAN REQUESTBOND PROGRAM INFORMATION Com leted b Re uestin De artment
middot ~~~mhn~e~n~t------------------------~~==irr~r~~==u~~-~==l~IFTT~om~lfP~r~~~middotedct~A~pprop~ri~a~tio~n~--fjAk~n~ou~nt~RR~~ues~ro~-----i~ _ i ~05300000 Go nr lTi~ntal ___________ Health ~~~~I D1 Qlt)------------middot-middot--1 $6589066-00-middot--middot--------middot-----middot-middot---middot-L____ ___________________________________________ -- shy
Appropriation(s) to be Funded Statutory Authority I Date Funds Needed Chapter 1712007 Item No 4440-301-0660(2) Government Code Sec 15830 et seq ~26~611 tmiddot7-
middot-middot----------middot--middot------------middot--middot-middot------------ ----middot-middot--middot--middot--------------- --------shyDepartment Contact Title j Phone David Harner middot Chief Hospital OpeationsFiscal Supp I (916) 654-3600 middotn~~~~~~s-~~~~~~t)middot-----middot------ --______rsiinatre-------------~----~ -middot~---middotr~=~~-----middot-middot---shy
i General ObligationT 0 fB dype on s D Self Li uidatin D Other N~~-roo i3-0~ltLA-t----middot-q_ltgt-=---~~-middot=-middot-middot==-middotO~-==--middot--middot---middotmiddot--ll-middot-a-nmiddot-e--o-f-sPWB_0middotzoihd_Pro]eCimiddot------middot--middot-middot-middot-middotmiddot-middot-middot-middot-middot-------- ---
tascadero State Hospital 258 Bed Hospital Remediation API-jricrti~-~i~-b~-u~~-- o___ltic~ti~~-i-67246middotmiddot--middot______ middotoject-cmiddoti-aCt(srwmiddoti3-o~l)r)______r-yJ10ilemiddot---middot--_ ____
~~i2~fo~~Ife~~s~f-fi~=c-middoteFD=ubullndo~hccer=~~=--- uDmiddotmiddotmiddotamiddot-$middotmiddot~~~~-~~-
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments -~ D To fund an escrow or condenmation deposit fund 0 To pay vendors directly i 0 To finance loans to persons other than governmental entities 0 To reimburse local government for vendor payments [8] To make advances to State Architect Revolving FundJ
0 In a trade or business carried on by a nongovernmental person i If Yes specify DGS-PvfB Project No 124473 0 To make advances to other state funds If yes specify
I Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private ~J business or from federal funds Yes D No [8J (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No O If YES the repayments will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
obullbullobullbullbull-bull-bullbullbullbullbullbull~bullbullbull--bullbull-_________________HH----__--f-MH-bull0bull----middot-middot--bull-bullbullbullbullbullbull-1-----MMI--MO-
Administrative Entity Resol~~ioo~L~umber I Sale i Loan I middot CP i Date -___--middot-middotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot----middot-middot--middotmiddotmiddot--middotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot----middot-middot-middot-middotmiddotmiddot-middotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot--- middotmiddot-middot----middotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddot-middot-middot-middot-_-middotmiddotmiddot-middotmiddotmiddot---middot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot---__L---middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middot State Public Works Board i 0 I [8] 0 7132007- ___ ______________- 1_ 0
u- - ____+- ~~--I0 I
PART II RECOMMENDATION AND CONDITIONSshy(Completed by Public Finance Division of the State Treasurers Office)
~ This application is recommended for approval subject to the following conditions 0 First $ tlt bj used to payreduce existing PMIB loan __middot___ Kl Reduce amount ofloan to$ (DJ as JQaOO
Conditions (if applicable) middot
-~iniz~~~51~~E~u~ii~~~~~~~~~yent~d_f~r~EPr~~-~~L~~~~EJi~~il~~~-2i~i~ilt~--middot----___________________loaie--middot---_________
I
_
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval D rejection 0 modification middotj-middot~proved loan amount i _ Loan to be made no sooner than
an is due 364 days (or the next preceding business day if the due date falls on a state holiday_a_S_a-tu_r_d_a_y_o_r_a_S_u_n_d_a_y) from the date the loan is funded
Signarme E~etive Secretacy-----middot---middot-middot--middot-middot-middot------middot--------------------------middot--middotDate----------middot----------middot---shy
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
s agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( 1
bull ooled Money Investment Board (the Board) lends funds as specified below ~ ~ Total project appropriation $659800000 ~ Proposed Funding Date 51262611 G I J Loan Amount ~9S300()()0 -o-12-S bO
At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the Joan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Mpney Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale ofbonds (Bonds) authorized by the following statutes (Bond Act) rmiddotmiddotchapt-i7iifoo7~it~~-N~~444o3oio66o(i)- - -middot-middot-middotmiddot- middot-middot-middotmiddot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddot-middotmiddotmiddotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddot--_---middotmiddotmiddot-middot-middotmiddot-middotmiddot----middotmiddot--middot-l bull--bull-bull-Hbull---middot--middot-middot----bullbullbullbull--bullbullbull-bull-________________m_______________________________________l
ADMINISTRATIVE AUTHORIZATION _~_P-~f~l~-~-ltial_p_lPtJLlP~ipound1tltd tl~Jll_l~~-~~~ll~-~-I~~~EiY_~iQ~~-lfl~ilJ~rl~~-i~~flJ2)VS middot-------middot- Administrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act pennits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation by the State Legislature
OAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~EPE9Pi~i9P~Y~i~~~f9E_S~~hP~-9~~__________________
L~~~~~~~rM~n~ ~l~-middot-middot--__------middot------_ ___________________ ---middotmiddotmiddot J
~~-~~~~-----~~~~ L~~~~~-imiddot~middot~middot~middot~middoti~~~_S~~~~~-r ____d____-_________- __l~~gtltltlJI POOLED MONEY INVESTMENT BOARD EXECUTIVE SECRETARYS CERTIFICATION i 1IThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of __ and the vote was ___ as follows __- - __ r---middot-middot- __ ____ ______ ____ ___ ___j
~~~~~-~-plusmn=~- Director of Finance of the State of California
middot----middotmiddot-middotmiddotmiddot--middot~middot---------middotmiddotmiddot--middotmiddot-middot----middot-middot---middotmiddotmiddot-middot---middot-middotmiddot-----middot--middot-----------middot-middot-middotmiddot---middot-middot---middot--------middot-middot-----middot--middot---middot---middot--middot--middotmiddot--middot-middot----middot-middot--1-~--~middot~middotmiddot--middot-middotmiddotmiddot-~~ Conditions (if applicable)
middot-E~c~tivmiddots~~~tarymiddotrmiddotilieP~~~~dMo~-~YI~~t1 Boad-middot-middot--------middot-middot-middot-middot-------middot---- ________________ __TD~t~-middot-middot------middot-middot1 i ~-----middotmiddot---middot-middot--_________- ---middot--middot-----middot----middot----------middot-middot--middot-middot----------middot-------__________J____________l
INSTRUCTIONS TO CONTROLLER I i ~ 1 ~-~ Proceeds from this loan should be invested in the Surplus MoneYinvestirtent Fund SMIF earnings and bond proceeds will pay interest
) The General Fund will pay interest Do not invest loan proceeds in SMIF lCommercial Paper will be used to repay this loan Y~s middot - V No
Reserve $ _______________ of the proceeds from this loan for Cost of Issuance PMIA interest and administrative costs
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(epartment Name Department of Mental Health Project Name Atascadero 250-Bed Remediation ---_
- Year 2011 Est Project Completion Date 10302010
Date 412011 Est Phase Completion Date Acquisition
Loan Amount lt1l $ 6125000 Prelim Plans
Work Draw Funds Disbursed to Date $ 6038196 Per SCO Report dated 52411 1112009 Constr lt2l
~ame of Bond Program Public Buildings Construction Fund Equip
Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year Projection Disbursements Months Disbursements D-B)
0
Prior yrs 571970200 5719702
1 May-10 1302600 5732728 c 2 Jun-10 1336000 2142000 5754148 c 3 Jul-10 1336000 1882900 5772977 c 4 Aug-10 1336000 5772977 c 5 Sep-10 1336000 183700 5774814 c 6 Oct-10 334000 601200 5780826 c 7 Nov-10 384100 5784667 c 8 Dec-10 133600 5786003 c 9 Jan-11 5786003 c
10 Feb-11 5786003 c 11 Mar-11 5786003 c 12 Apr-11 6925800 5855261 C
~~~~~]~mlftltttt~bull~~~~~~~~~~~~~=~~~~~~~l~riir~ 13 May-11 500000 6110238 C
C14 Jun-11 500000 6115238
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11f-------1
191--_ _N__o_v_-11j
20 Dec-111---____--1 21 Jan-12
1--------1
~ 22 Feb-12 (___j 23 Mar-12
1---______~
(~~ nrlrl Anr_-_1 ) housand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application bull
(3) Projected Admin includes estimated fees from STO SCO and DOF
500000
500000
6120238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125000
c c c c c c c c c c
State of California- State Treasurers Office LOAN REQUEST New Loan fZ1 Renewal 0
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs II ~o~~LNO~LY ( 0 OOltoC
~ PART L LOAN REQUESTBOND PROGRAM INFORMATION f~ (Completed by Requesting Department) bull artment I Total Project Appropriation Amount Requested -corrections and Rehabilitation middot i $30000000000 I $682600000 middot----middot~---------middot--middotmiddot--middot-middot------middot----middot--middot----------------------middot------------middot--lmiddot------middotmiddot----middot-----middot-middot-middot-middot-l---middot-middot--middot-middot-----middot------- shyAppropriation(s) to be Funded ~71B -~ Statutory Authority I Date Funds Needed SB 81 Ch 17507 (as amended 8rpoundG 1828 Ch 729Mf) i Welfare and Institutions Code Chapter I 6182011 5225-801-0660 6101753 M3 l 15 Article 3 Sectio~970 1~11 I
_-Q~-~-X~~~fl9ffeE~~ Reh__Qilit~_i~~EiiEJ~~hasc I_ middot ~t1fgtDepartment Contact Titl~---middotmiddot--middot---middotmiddot------middot---middot----middot-middot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middot----middotmiddotmiddot-middotrmiddotPho~middot~~--------
i~~~~ffi(~O~~~~~-~-T fB d J General Obligation ReVeiiue
-N~~~~orb~middotmiddot~dAsp-elfAg~icI~~rg____0_~_21~-eJf-Jgi9_ainK--middotmiddot middotmiddot-~~~~~s-PPs~~~~tilmiddot~middotmiddotmiddotr~o-t~middotmiddot----131Bmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddot--middot--middotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddot-middot--middot-stanislaus County Juvenile ~ommitment Center
Appropriation to be Used D G C Section 167246 Project Contact (SPWB Only) I Phone middot~middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot
for STO Admin Costs D Other__ Darlene Maston I 916-255-2237 state con tr~ji~~middot~middot-middotorfi~middot~middotmiddotp~~imiddottc-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-shy middot-middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddot middotmiddotmiddothasemiddotmiddotrjgtmiddotJ-~middotimiddotmiddotcseTeZimiddotmiddotaIcmiddotmiddotitmiddotmiddotmiddot~iJmiddotiJiy)~middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotpoundsimiddotj~~middotCiTe~i-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot
0 A 0 PP 0 WD fZI C 0 E 0 D-B Completion Date 2152013
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments I 0 To fund an escrow or condenmation deposit fund 0 To pay vendors directly 0 To finance loans to persons other than governmental entities fZI To reimburse local government for vendor payments 0 To make advances to State Architect Revolving Fund D In a trade or business carried on by a nongovernmental person 1 If Yes specify DGS-PMB Project No (J0 To make advances to other state funds If yes specify
--A Will any part of the debt service on the bonds tl1at secure this loan be either secured by or paid from property used in a private business or from federal funds Yes 0 No fZI (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No O IfYES the repayments will be used to 0 pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
-----~i~-- fRol~I~~~~-----G~--~~~=~~=====Famp~=t=l==gF~
(
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
0 This application is reconnnended for approval subject to the following conditions D First$ to be used to payreduce existing PMIB loan _____ D Reduce amount of loan to $ _______
Conditions (ifltpplicable)
_O Ii~__ppJLc~ti~~i~ ~~~Ee~lt1~~9~~fo~E~~JQt~l1l~J~g_fi1~~1g_~RiY~~9~-middotmiddot-middotmiddot--middotmiddotmiddot-middotmiddotmiddot--middot-middot-middotmiddotmiddotmiddotmiddot-middot----~---middot-middot-------middotmiddotmiddot--middotmiddot-middot-----middotmiddotmiddotmiddot-middot---middot-middot-middot-middotmiddot--middotmiddotmiddotmiddotmiddot-signature Director Public Finance Division j Date
l 1 i
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
-middot~is request is recommended for Oapproval 0 rejection 0 modification ____pproved loan amount Loan to be made no sooner than _________ Loan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded
middot-s-gra~re~middot-Ex~-c-u-iT~e-semiddot~~eiarY----middot-middot-----middot-----middot--middot-middot----middotmiddot-middotmiddot-middot---------middot--middot----middot-middot----middot-middotmiddot-middotmiddot-middot------middot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddotmiddot------middot-middotmiddoto-aimiddot--middotmiddot-middotmiddotmiddot-middotmiddotmiddot-------middotmiddotmiddot-middotmiddot--middot-----middot----middotmiddotmiddotmiddot--middot-middot-middotmiddot
____
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
lo 006b _I
----middot-middot-middot-middot-~--middot1
r agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and 1----__ Pooled Money Investment Board (the Board) lends funds as specified below
Total project appropriation $30000000000 Proposed Funding Date 6182011
Loan Amount $682600000 At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state hoi iday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following
s~~~~r~~~ntl_~_~o --middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddot-middot---middot-middotmiddotmiddotmiddotmiddot-middot-middot-middot---middotmiddot-middot-middot-middotmiddotmiddotmiddot~~a~--middot--middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middot---middot-middot-middotmiddot-----middotmiddot-middotmiddot-middotmiddot---middot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot---middot--middot---middotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddot- middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot---middot~ i SB 81 Ch 17507 (as amended 8yen AIHI~middoth-7i91W) 5225-801-06606101753
1_1~pound~~-X~Il~~~IQ~I~~-~E_~p~_~y~_l~lti~i~~-~--~-tJgt~----middotmiddotmiddotmiddotmiddot-middot--middotmiddotmiddot-middot--middotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddot----middotmiddotmiddot-middotmiddotmiddot-middotmiddot--middot---middotmiddotmiddotmiddot--middotmiddot-middotmiddot-middot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot ----middot---jADMINISTRATIVE AUTHORIZATION
_ll_~_ltgt~--~-~C~-()_mm_~~pound~P~P~1bullfPP_lllI21E~2ll~~C-~Ctl_~lhQ~e~~Y~~iltgtSltgtf~iiSt~~Y~i_~ie~l~ol_lgt~~~_ _____________________ Adnrinistrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial
Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest fimiddotom the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan lfthe loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan middot
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds ofBonds or the proceeds of a new loan Payment from any other source is subject to appropriation
(~the State Legislatu_re
~lAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~PPI~CgtP~aisgt~~iJ~)_~_[ltE ~~hP~TP_~~~_---middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middot----middot-------middotmiddotmiddotmiddotmiddotmiddot-------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middot----middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddot middotmiddotmiddot--middotmiddot---middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddot---middot--middotmiddot---------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot i State Agency Name
jJ~P~r_lfl _lt_~E~~poundi~l~~l~_~~~~iol-----middot--middotmiddot--middotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddot--middot-- middotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddot--middot----- middotmiddotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddot----middot-middotmiddot--middot---middotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddot-middot--- middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot----middotmiddotmiddot--middotmiddotmiddot-- _
--T~=I ~~~~~~-i-~~=~~-~=---~-=cr~~__~~~~~~-~-=--middot~~-~--- middot-middotmiddotmiddotmiddot-middot-middoti -~-iAL 1 POOLED MONEY INVESTMENT BO i
iThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of
and the vote was as follows i
i_~_~-middot~-~~-~~~~-~=~~~~~ ____middotmiddot_=----~-~~-=~-~~middotmiddot~~~~sect-~~middot==-=~~-~middot~~~~middot~~=middotmiddot~middotmiddotmiddotmiddot~~=--~-==middot~~~-~-~~I~middot~middot~-middot~~~~Y~~~~middotmiddot~~-~~~~[middot~-~~~B~~~~=Ji Treasurer of the State of California I 1 l~MoHOoHHOHoH-gtHoooobull-bullbull-bullbullbullbullbull---middot-middot--bullbullbull-bullbull---middot-middotbull-MoOHHgtMHObullobulloo-bullbull-bullbull-bull-bullbull---bullbull--H--0-----middot-middotbull--middotmiddot-bullbullbullbullbullH~__-bullbullbullbull-bullbull+bullbull-HOoooOHooHooHoHooOHMo-oMo-oOOoO-Moooooo Moool
Controller of the State of California j j ji _MOOMOMOOMMO MOMM-__MMMMMOOMO---middot--middot--------middot--middotmiddot middotmiddotmiddot-middotmiddotmiddot-middotbullbullMMMOOMMO-MOOMMM _00-00Mbull-o0M_00000MOM-MMMMooMOMMOM-0000_0_00M--00000MMoM0-00-M000000000-0M000000-MOM-OOOM00000000-M0M00MM00000000MM00MOOOOMMiOMOM0_0_000000MOM-00000000-0MMO_M_ __ J- _ ___________________i______ Director of Finance of the State of California i ~-C-o~middot(jjtf)middot~~--(jf~ppif~~b-i~middot)~-----middotmiddot-middot--------middot-----middot--------------middot-------middotmiddotmiddotmiddot---middot-middot-----middotmiddotmiddot---middot---middot-------middot----middot--middotmiddot--middot--Lmiddotmiddot-middot-----middot--middot-middot---middotmiddotmiddot----middotmiddot-------L-----middot------middot-middot--------middot-i
I i jl-----middot-------middot-----middot-----middot----------middot--middot--middot------middot-----middot---------middot------------middot--middot------_____________________________________________-------------middot---middot-middot-middot-middot-middot--middot--middot--middot----middot-----middot----middot-middot_________________________s-_middot-----middot-middot--middot------middot---middot-li Executive Secretary of the Pooled Money Investment Board Date I I i i
i ~- l i
L---------middot----middot---middot---------middot-------------middot-----middot---middot--middot-----------middot--------middot-middot---------------------middot-middot---------middot---- ------middot--middot------middot-middot-middot---middot-middotmiddotmiddot---middot---middot-middot-------middot------middot-----middot-middot--middot----t--middot---middot---------middot------middot-middot-jmiddot-ISTRUCTIONS TO CONTROLLER
( J middotv Proceeds from this loan should be invested in the Surplus Money Investment Fund SMJF earnings and bond proceeds will pay interest ~ The General Fund will pay interest Do not invest loan proceeds in SMIF
Commercial Paper will be used to repay this loan Yes V No
Reserve $_______________ of the proceeds from this loan for Cost of Issuance PM IA interest and administrative costs
_~~~~~~0----
Rev (61 0)
MIA Loan Request for Revenue Bond Programs l Ol OObG
ashflow Statement
(~partment Name Corrections and Rehabilitation Project Name Stanislaus County Juvenile Commitment Center
~ Year 20112012 Est Project Completion Date 2152013
Date 5132011 Est Phase Completion Date NA Acquisition
6~826000 5132011
6212011 Work Draw
Loan Amount (1l __$ _____- Prelim Plans
Funds Disbursed to Date $ - Per SCO Report dated 0000 2152013 Constr (Zl
___---~---
Jame of Bond Program Lease Revenue-Stanislaus County Juvenile Commitment Ctr ___NA_____ Equip
_N_A_____ Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and the Next 12 Cumulative (APWCE
Year 0 n Actual Disbursements Months Disbursements D-B)
Prior yrsmiddot
1
2
3
4
0 5
6
7
8
9
10
11
12
16 11
17 Oct-11
18 Nov-11
19 Dec-11
20 Jan-12
21 Feb-12
22
(J 23
24
14
15
545 00000 552 500
818 00000 1 370 500 c 1 091 00000
1 091 00000
c
1 091 00000
1091 00000
c
1 091 00000
7 500
7 500
c
c
c
c
(1) Rounded up to nearest thousand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
0
_~~To_ ~- ~ 1shyl ~ 1gt1 0
0 OEPARTMENT OF EOMUNO G BROWN JRbullbull GOVERNOR
~-FDotF I N A N C E ----S-TA-TE-C~A-P-ITC-1-bull~R-o-o-M-~~45~~S-AC_RA_M_EN_T_o-C-A-bull-9-5~B~1--4-4~9-i=-B-8~www~~o-c~~CA-llc~v CFFICE CIF THE DIRECTCIR
May 12 2011
Mr Bill Dowell Administrator Pooled Money Investment Board 915 Capitol Mall Room 106 Sacramento CA 95814
Dear Mr Dowell
AB 55 Loan Application for County of Stanislaus Juvenile Commitment Center Project
The following detennination is respectfully submitted pursuant to the Pooled Money Investment Board Pooled Money Investment Account Loan Policy adopted October 20 2010
This loan request is for the states share of costs for the County of Stanislaus Juvenile Commitment Center Project one of many youthful offender rehabilitative facility projects included in the SB 81 Youthful Offender Rehabilitative Facilities Construction Financing Program middotIn this program the county rather than a state agency manages the construction contract and process Furthermore the county is responsible for a portion of the project costs including any project cost overruns Thus at this stage of the project it is fiscally prudent to fund the construction costsmiddot using an interim loan rather than to issue bonds until final costs are known and we are confident the county will have fully funded its share
Based on the factors noted above the Director of Finance has determined the project is not appropriate for upfront bond funding and therefore interim financing is necessary to fund the -construction phase of the project If you have any questions or need additional information regarding this matter please call Chris Lief Principal Program Budget Analyst at (916) 445-9694
ANAJMATOSANTOS Director By
1~ (-gt2--shyMICHAEL COHEN Chief Deputy Director
icc FINN ROGERS LIEF BENSON CF (3) SUSPENSE FILE 0
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I FoRSTousEoNLY
IPMIBNO l L I0 00~1
~~agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and __Pooled Money Investment Board (the Board) lends funds as specified below
Total project appropriationtl205600000 4 Proposed Funding Date 6172011 Loan Amou~t)(T(Wo M i rJD -1 At the discretion of the Board and upbn notice to the state agency this loan may be wholly or partially repaid using unexpended Ioanproceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds ofthe loan are to be used only for the purposes authorized for use ofthe proceeds of the sale ofbonds (Bonds) authorized by the following
~~~~middot~= ADMINISTRATIVE AUTHORIZATION The bond sale commercial paper if apoundQ_~able and this loan have been authorized by actions of administrative entiti~ as follow_ _________
i Administrative Entity I ResolutionOther Date I r-st~TePuhlicwork5Bo~~middotdmiddot----middot-middot-middot-~--middot middot---------middot---------- 1011oi2o-o8----middot---------- ---------middot-1
middot-middot-middot----middot-------==-=~===-~==-~~~~~~~~~~~~=~=1=~~=====-~=-~====~=~~==~~middot=~~~~~=~_I~===~~=-~~~=-=-==~==~--l The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special middot lited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation
Clhe State Legislature
LOAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
_PE~iation availabj_e for ~~~poundOS~___________________________middot---middotmiddotmiddot---middot-middotmiddot-------------middot---------middot---middotmiddot-middot-middot-------middot---middotmiddotmiddotmiddot State Agency Name
~~~f~~re~ndFire_~~middot~rnRJI~Facili_tj___~
~ --middot------middotmiddotmiddot-------middot--middot--middot-middot--------middot-middot-middot-middot--middotmiddotmiddot--middotmiddot----middotmiddotmiddot-middotmiddot-middot-middot---middot-middot-middot----middot------middot-middot------middotmiddotmiddot-middot----middotmiddot-----middot-middotmiddot--- o_JL___]t t~~~~~~~~~tds~~~~abl~~~-~~Co A A~~ ~-------------------- ----middotmiddot--middot----_1_[_Jf__J
POOLED MONEY INVESTMENT BOARD Jamp1lMIVEefRETARYS CERTIFICATION 1
IThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of I L===========-= ru~_the_~e ~~as_~~~---middot-------middot------middotmiddotmiddotmiddotmiddot---middot--------middotmiddot--------middot----middot-middotmiddot--middot-middotmiddot-----middot-------middot-------1
MEMBER AYE I NO
Treasur~-of~~s1a1e0r~_alifoffii~=~~~~==-~~===~==========~=~-------middot-middot--------------middot-middot--l_______________Controller ofthe State of California I
I Director ofFinance of the State of California _______l___________j________-j Conditions (if applicable) i
IfIEXeCutfvesecretarY0filiePOoledMQileYriWeStffien1B0ad___ Ioo~O I
cISTRYCTIONS TO CONTROLLER - middot __ V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest
----_The General Fund will pay interest Do not invest loan proceedsect)n SMIF Commercial Paper will be used to repay this loan Yes v No
Reserve $_______________ of the proceeds from this loan for Cost of Issuance PMIA interest and administrative costs
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(epartment Name Department of Forestry and Fire Protection Project Name Santa Clara UH Replace Facility
~~ Year 2011 Est Project Completion Date 6132016
Date 4292011 Est Phase Completion Date NA Acquisition
Loan Amount lt 1l $ 42000__________ 9302013 Prelim Plans
--~___ _ Funds Disbursed to 9302014 Work Draw__________
Date _$_____3_2_8_0_3_Per SCO Report dated 33011 6132016 Constr lt 2l______ _
~ame of Bond Program Public Buildings Construction Fund _______ Equip
_______ Design-Build
( 1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year Pro ection Disbursements Months Disbursements D-B)
941600Prior yrs 7108-4302010
1~-~~~+------~------~ 2~-____~~+------~-------~ 3~--~~+------~-------~ 4~-~~~+------~-------~
0 5
6
7 Nov-10
8 Dec-10
9 Jan-11
10 Feb-11
11
14 Jun-11
15 Jul-11
16 Au 11
17 Se 11
18 Oct-11
19 Nov-11
20 Dec-11
21 Jan-12
0 22 Feb-12
23 Mar-12
p
41 094 p
41 094 p
41 094 p
41 094 p
41 094 p
41 094 p
41 094 p
41 094 p
41 094 p
000 p
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
16
p p
16 p
16 p
16 p
16 p 16 p 16 p 16 p 16 p 16
9 416 p
p
T
Name of GO Bond Act
middot-middot-middot-middot-------------middot-middot--middot--middotmiddot---middot---middot---middotmiddotmiddotmiddot-middotmiddot
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal ~
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs FORSTOUSEONLY IOl Lmiddot PMIB NO 00101
PART I LOAN REQUESTBOND PROGRAM INFORMATION
__Jlus interest and admin--------middot Department Contact Linda Webb
-=-----middot-middotmiddot-middotmiddot-middot-middot-middotmiddotmiddot-----middotmiddot--middot--middotmiddot--middotmiddot---middotmiddot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot Department Directors Name (please print) Janet Barentson
T fB d I General Obligation ype~----~-~--__j_Q ~~lfdg_liEati~g___QJipound]~lfli_~idatin_g________________ O_Qt_J_l~~----middot--middotmiddot--middotmiddot--- -- -middot-middot-----middot--middotmiddot---middotmiddotmiddotmiddot---shy
Name of SPWB or Other Project Siskiyou Unit HQ Replace Facility
______________----_ ___________ Projecc-0iliaC-(sPWBoilly)-----_I-Igti10~e-----middot--middotmiddot------middot--------shyo GC Section 167246 Belinda Swackhammer (916) 322-1205 D Other ~~l=f~1__g~it~_Q~t~yenAJl~i~ L_____________ __________
StateControllers-Office Fund Phase of Project (select all that apply) Est Project Completion D A ~ PP D WD D C D E Date 812016
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) D To make advances to local governments I D To fund an escrow or condemnation deposit fund ~ To pay vendors directly il D To fmance loans to persons other than governmental entities D To reimburse local government for vendor payments ~ To make advances to State Architect Revolving Fund D In a trade or business carried on by a nongovernmental person I IfYes specify DGS-PMB Project No 124686
D To make advances to other state funds If yes specify IJWill any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private
business or from federal funds Yes D No~ (For Revenue Bonds only) 3 For departments using these funds to make grants or loans Are repayments expected Yes D No D If YES the repayments
will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
~ This application is recommended for approval subject to the following conditions ~ First$ L000 1 oo to be used to payreduce existing PMIB loan l0 DOO$ D Reduce amOJnt ofloan to $------ shy
Conditions (if applicable) _D his-~EP~a__ion_is n()_]~comm~p~-~~flt~~EPIS~~poundY_~e ~ublic_E~nance J2ii~~()E_____________________________________ Signature Director Public Finance Division Date
PART Ill RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval 0 rejection D modification
( proved loan amount Loan to be made no sooner than-=--------- shy-~dan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from
the date the loan is funded=middot=--------middot----middot---middot--------------middot----middot- -middot-middot-middot---------- shySignature Executive Secretary Date
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
-------
-------_______
-------
2
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
03partment Name Department of Forestry and Fire Protection Project Name Siskiyou UH Replace Facility
---- Year 2011 Est Project Completion Date
Date 4292011 Est Phase Completion Date
Loan Amount lt1gt $ 144000---------- shyFunds Disbursed to
Date _$____108055_Per SCO Report dated 33011
~arne of Bond Program Public Buildings Construction Fund
( 1) (2)
Month and Original
Year Projection
Prior yrs
-1
2
3
4
6
7
8
9
0 5
15
16
17
18
19
20
21
Feb-12(J22 23 Mar-12
(3) (4)
Actual
Disbursements
Projections for
the Next 12
Months
812016
NA
6302013
____________1112014
812016
(5)
Cumulative
Disbursements
Acquisition
Prelim Plans
Work Draw
Constr lt gt
Equip
Design-Build
(6)
Phase of
Project
(APWCE
D-B)
7108-43011
10
Jun-10
Jul-1 0
Nov-10
Dec-10
Jan-11
10 Feb-11
11
14 Jun-11
Jul-11
11
11
Oct-11
Nov-11
Dec-11
Jan-12
111 30029 111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300
111 300
143 391
143 391 p
143 391 p
143 391 p
143 391 p
p
143 p
143 391 p
143 391 p
143 391 p
144 000 p
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with Joan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewali8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs ~~r~u~OLY 1oIoOlo3
PART I LOAN REQUESTBOND PROGRAM INFORMATION
~----------------------~====~~~==~~==7~~--~~--~--~--~~--~t _)rtment Forestry and Fire Protection Appropriation(s) to be Funded Ch 26808 Item 3540-301-0660 (3)
Ius interest and admin ------middotmiddot+-MDepartment Contact I Title Linda Webb J Chief Accounting Ad inistator
middotmiddotnepartment nireciltirs-Name-(jj-iea5-epri-ii)-middotmiddot---middot--middot---middot---middot--middotmiddot-middot-middotmiddotmiddot-middotmiddot----middot-r-middot------n-imiddotemiddot---middot---- ------middotmiddotmiddot-------middot-middotmiddot+
Janet Barentson
2ype o~~~~-~~~_j__o~~~~ DtJ~~~lflJ_q~~~~g________ ~1i~___o_othe_middotmiddot-----middot---middot--middot------middot---middotmiddot-----middotmiddot-middot---middot-middot- shyName of GO Bond Act Name ofSPWB or Other Project
Vina Helitack Base Replace Facility
~i~~~F--~~6middot~=~~---------middot-middotmiddot-middot--middotmiddotmiddotmiddot--middot-middot---middotmiddotmiddot-middot-middot-middot-middot-middotmiddot-middotmiddotmiddot----middotmiddotmiddotmiddotmiddot-o_Q~E_~r 9lt~ CoA_~ ~-~c__ 11~middot-middot--middotmiddotmiddotmiddot-middotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddot-middot __g~=f~~2-~~~LQ_Etla__~p~~Y~_t______middot---middotmiddotmiddot-middot-middotmiddotmiddot-middotmiddot--middotmiddotmiddotmiddot--middot-middot-middotmiddotmiddot-middot--middotmiddotmiddot-middot-middotmiddotmiddot---middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot State Controllers Office Fund Phase of Project (select all that apply) Est Project Completion
D A 18] PP D WD DC DE Date 112016
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments I D To fund an escrow or condemnation deposit fund
181 To pay vendors directly I D To finance loans to persons other than governmental entities 0 To reimburse local government for vendor payments I 181 To make advances to State Architect Revolving Fund 0 In a trade or business carried on by a nongovernmental person 1 If Yes specify DGS-PMB Project No 124824
~0 To make advances to other state funds Ifyes specify (J Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private
business or from federal funds Yes D No 181 (For Revenue Bonds only) 3 For departments using these funds to make grants or loans Are repayments expected Yes D No D IfYES the repayments
will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
~~-b~~~I i D I D D Ii
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
I8J This application is recommended for approval subject to the following conditions ~ First$ Lj4 QO() 6~ to be used to payreduce existing PMIB loan 0 DOOY 0 Reduce amount of loan to $ ------ shy
Conditions (if applicable)
11 T~s~PPicati0]-_~~_9t recomme~~~ for ap_p_Qvaljgtx_~l_l~fublic fina~~_Qi_yl_sl_~---middot-----middot-----middot--middot--middot--middot-middotmiddot-middot--middot-----middot-middot------Signature Director Public Finance Division I Date
PART III RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
~This request is recommended for Oapproval D rejection D modification ( )proved loan amount Loan to be made no sooner than _________ -4oan is due 364 days (or the next preceding business day ifthe due date falls on a state holiday a Saturday or a Sunday) from
the date the loa~J is funded -------middot---------middot---middot----------------middotDate--middot--------middot---- shySignature Executive Secretary
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs GoRsTo usE oNLY
IPMIB No loIooto3 agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and -~)ooled Money Investment Board (the Board) lends funds as specified below
Total project appropria~ion $1306200000 Proposed Funding Date 6172011 Loan Amount-$5000666r 1JQgt ODD 6b S T At the discretion of the Board and upon n6tice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special ---(ted obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation
( he State Legislature ~
LOAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
c_bullc croia91_~va~1~~1~ for suchE~lt-~-~____middot--middot------middot----------middot-middot---middot-middot-----middot----middot--middot-middot--middot----middot-----------middot----middot--middot--middot----------middot--middot-middot----------~ ate Agency Name i e art~_~_t of F~~EL~nd_~ire ~ro__~~~E-=Yl~~ H~ita_~~~~e=J~plac~_~~ili~Y--_middot-middot-middot----middot--~Q~~M~~~jpound~~~ 124sect~~-1 rectors Signature I ate 1 -n=~~middot~---~- ii~1-l rpooiED-MoNEviNvEsTMENTB-OAM~n~-iARvmiddots-middotcERTiFicAnoN--middot--middot-middot--middot---middot-middot f-Lf_Jt__1I V~CRE l
lj The Pooled Money Investment Board approved this Joan pursuant to Government Code Section 16312 in the amount of i =========== and the vote was as follows I
r~~~~~=~==--=-~~ i Controller ofthe State of California i i Director ofFinance of the State ofCalifm~ia middot-------middot-middot----middot-- -----middot-------middot---~----------1 --------middot - -------------middot-----middot---- ----------middot---- -----middot--------------middot---i
Conditions (if applicable) middot I -Executive Secretary of the Pocilect MoneyInvest~tBoardmiddot--------middot-------middot-middot------middot-----------middot----r-Date----middot-middot-~ i I
(~~)TJ3UCTIONS TO CONTROLLER -1
i __ Proceeds from this Joan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest
-=---The General Fund will pay interest Do not invest Joan proceedsect-in SMIF Commercial Paper will be used to repay this Joan Yes No
Reserve$_______________ of the proceeds from this loan for Cost oflssuance PMIA interest and administrative costs
-------
-------
7108-43010 22 55600
M
2~-~~~~------+---------~ 3~-____~~~----------+----------- 4~-_~~~------+--------
Nov-10
Dec-1 0
Jan-11
Feb-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
51 000 p
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
Rev (610)
MIA Loan Request for Revenue Bond Programs 1oleO~s ashflow Statement
(partment Name Department of Forestry and Fire Protection Project Name Vina Helitack Base Replace Facility ---_
Year 2011 Est Project Completion Date _ ___11__2__01--6__
Date 4282011 Est Phase Completion Date NA Acquisition
Loan Amount (1l $ 51000 612013 Prelim Plans __________ _ _____=___612014__Work DrawFunds Disbursed to
Date _$--___4_17_3_2_Per SCO Report dated 33011 112016 Constr(2l
~ame of Bond Program Public Buildings Construction Fund -------Equip
-------Design-Build ( 1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year P ction Disbursements Months Disbursements D-B)
Prior yrs
1
0 5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
0
22
p p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p p
State of California- State Treasurers Office LOAN REQUEST New Loan 0 Renewall8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs PMIBUN01Y I0 I 00fo4 PART I LOAN REQUESTBOND PROGRAM INFORMATION
~ (Completed by Requesting Department) artment Total Project Appropriation Amount Requested fl)fI
~ 6-estry and Fire Protection $4553400000 bull ~0t11~1 (Ji) v v Appropriation(s) to be Funded -- 7-llj StatutoryAumiddot--th-o-ri--ty-----------L--=-bull-=Da_te-F-u-n-=-ds--N~eed-edCh17107 Item 3540-301-0660 (8) 1 Gov Code Sec15830 et seq l 6172011
plus interest and admin I IDepartment Contact -----------middot--middot------middot---+1-=Title---------middot--------+middot-pmiddot-h-o-n-e_______
Linda Webb middot IChief Accounting AA_ministator L(916) 653-8047
~=~~~~~~~rsName(i)ieaieprint) middot--------middot-middot---middot------~~_plusmni Q--- tf5J IJJ
Revenue [gj SPWB D Other--=-----middotmiddot--middot--middot--------middot-----middot---- shyName of SPWB or Other Project Growlersburg CC Replace Facility
-M-middot-~-~-M ---middotmiddotmiddot----middot-------middot---middot-middot--middot-middot---middot-middot Project COntact (SPWB-Only) ------middot-middot-middot-T-PhODe--middot----middotmiddot--middot-shy
~~~~~~~i~o~~~____B__ g~~~r~Q~~~-~~~~~J~1-- -~~t~~~~~~l-~~~Y~J~~-~~~~~~-~-~-~~---middot----middot-middot- State Controllers Office Fund Phase ofProject (select all that apply) Est Project Completion
0 A 18] PP D WD 0 C 0 E Date 4302017
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) D To make advances to local governments J 0 To fund an escrow or condernnationdeposit fund 18] To pay vendors directly I 0 To fmance loans to persons other than governmental entities 0 To reimburse local government for vendor payments 18] To make advances to State Architect Revolving Fund 0 In a trade or business carried on oy a nongovernmental person i IfYes specify DGS-PMB Project No 124628 0 To make advances to other state funds If yes specify
( Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private ~)business or from federal funds Yes 0 No 18] (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No 0 If YES the repayments will be used to D pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
---middot---middot-----middot----- ~dmi~is~~ive-i~i~--middot- middot-----middot---middot---middot---middotrResol~~oi~~~ber --~~~-~-middot Loan cp Date
-middot-----middot-----middot--middot-----middot-middot--middot-----middot-middot---middot---------middot--middot---______--l___________+-middot-middotr=middotmiddot-middot--t--middot--~middot--middot----middot--r=-middot--middot-middot+-middot-----middot----middot--middot---middot-11
~~~-~li~_F2Eks ~Q~~-- --middot-middot--middotmiddot--______middot--middot----middot------i---- -- [ J middot rgj LJ middot--~pound~~QQ-
--middot-middot-----middot--middot _ ________middot-middot--middot-middot-+---middot--middot--middot-- --lr--blo -middot-middot-61___ ----middot0 shy--- _middot---middot--middot--middot--middot-middot----middot----middot------ --- ____ __ middotmiddot--middot--------- ____ D I 0
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
181 This application is recommended for approval subject to the following conditions ~ First$ 15lti10QQ 0deg to be used to payreduce existing PMIB loan l C fXgtO 5 D Reduce amount of loan to $ _______
Conditions (if applicable)
JJ3~~~is tJot recotru~_tJ_~ed for -EP9Y~~~he P~bli~X~~_Ece Divis_9g__________~-middot---middot-------middotmiddot---Signature Director Public Finance Division Date
I PARTIII RECOMMENDATION
(Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval 0 rejection 0 modification middot Loan to be made no sooner than _________
~oan is due 364 days (or the next preceding business day if the due date falls on a ~tate holiday a Saturday or a Sunday) from the date the loan is funded--------middot---------------- shy ---------------------------middot shySignature Executive Secretary Date
( shy ---)Proved loan amount
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I~~I~u~crLYf o1oo~y (agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ~1ooled Money Investment Board (the B~ard) lends funds as specified below
Total project appropriation $4553400000 C( Proposed Funding Date 6172011 Loan Amount $175666600-- 1l 11 S ODD C5b At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds ofthe loan are to be used only for the purposes authorized for use of the proceeds of the sale ofbonds (Bonds) authorized by the following
ADMINISTRATIVE AUTHORIZATION rThe ~o~d sale _ltom~ercia_Paper if aPQiicable a~d this IO~f_lVe been authorizlaquo_c_~Y~~tilaquoJns of a~_nistrativ_laquo__ctitie~as foll_Q_ws ---middotmiddot--- 1 Admllllstrat1ve Entr_l ResolutwnOther 1 Date i
r~st~~~~blipound~~~~~3o~i~----middotmiddot~=~~===~_l_======~~=~=~=-==-===~==r-_2~(~Qii==~~=---==-=~====~-~l t=~==~~~=~=~=~~~~====~=~~==~==~=~=~~~----middotmiddot-middotmiddotmiddotmiddotmiddotmiddot -middotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot---middot-middotmiddotmiddot--middot--middotmiddotmiddot-middot--middot-middotmiddotmiddotmiddotmiddotmiddot---middot-middotmiddot-middotmiddot-----middot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot---middot middotmiddotmiddotmiddot---middotmiddot-middotmiddot-==~~~~~===~=~~~~~==~====~~~j
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special ---ited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation
( e State Legislature ______
LOAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
ro ri~i~~~~ailabl~f~_su~hJ21pound~~~middot=-middotmiddotmiddotmiddot-middotmiddot--middot-middot-middot-middot-middotmiddot----middot--middot--middot-middot-----middot--middot---middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-------middot--middot-----middot---middot--middot-middot-middot--middotmiddotmiddotmiddot-middotmiddot-----middot--middotmiddotmiddotmiddot---middotmiddot-middot---middot-middotmiddot-middot--shy~N~ I
o(~_ltgtE~~_J_and ~r_e PE~~tio_- G~ersJl~_g__ltf__~p-~-~-~~~j_l_iY-_________________________pG~~ll~~j_~~t ~~~~~
~~~----------~~~poQiEDMoNEYJNiiEsTMENT~CREJARYSCEiiTIFiCATION---~ The Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of 1
~-----=--~~~~~~--=--=~~~==~-=~~-~~~~==-~=~==~~~~~~~~====~-=--middot --middot-r--==~~~n~~==~= ~=~-=- 1Treasurer of the State of California --Controllero-ftheStateof Californiamiddot ------middotmiddot-middotmiddot middot-middot----------middot---- shy
~_~~=~~ SretoofCampifoffii =-==L-_ -----= I Executive Secretary of the Pooled Money Investment Board IDate I
~rfirucTIONS TO CONTROLLER J V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest ___ The General Fund will pay interest Do not invest loan proceeds in SMIF Commercial Paper will be used to repay this loan Yes V No
Reserve $__~____________ ofthe proceeds from this loan for Cost ofissuance PMIA interest and administrative costs
Rev (610)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
i~partment Name Department of Foresty and Fire Protection Project Name Growlersburg Conservation Camp ---shy
Year 2011 Est Project Completion Date
Date 4292011 Est Phase Completion Date
Loan Amount lt 1l $ 1751000
Funds Disbursed to Date $ 1 587371 Per SCO Report dated 33011
~arne of Bond Program Public Buildings Construction Fund
Priory
0
(J
rs
(1) (2)
Month and
Year
7107-4302010
Original
Projection
(3) (4)
Actual
Disbursements
Projections for
the Next 12
Months
1 632 5071)
1 May-1 0 -2 Jun-1 0 -3 Jul-1 0 -4 Aug-10 -5 Sep-1 0 -
6 Oct-10 -7 Nov-10 -8 Dec-10 middot -9 Jan-11 -
10 Feb-11 -11 Mar-11 -12 Apr-11 -
gti bull ~68911hter~~k~illlliili11famptilt0l~lt middotmiddotmiddotmiddot~
_ __430-=2017___
___NA~-- Acquisition
10302012 Prelim Plans
10302013 Work Draw
4302017 Constr lt2l
______ Equip
_______ Design-Build
(5) (6)
Phase of
Project
Cumulative (APWCE
Disbursements D-B)
1632507 p
1 632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1632507 p
1 632 507 p
1 632 507 p libullcmiddot~()qbull1 JjjfJS~~ ~middot I~Adr~~EN~I3l~~IZ middotd28tBni [D ~ G
lmrrKmiddotbullymiddot~r 1~b bull 11 v (5btJ()bi May-11
14
13
Jun-11
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11
19 Nov-11
20 Dec-11
21 Jan-12
22 Feb-12
23 Mar-12
(1 bullllnrlFrl lln Anr_j ) bullnno~n-4IHV-u
p1 750 824-p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824-p1 750 824 -p1 750 824 -p1 750 824 -p1 751 000 -
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
I
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal~
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs IPMIBUNO~LY 0 l DO laS PART I LOAN REQUESTBOND PROGRAM INFORMATION
(Completed by Requesting Department)
( rtment Total Project Appropriation 9Arnount Requested ~ 1shymiddot__ middotltartment of Education j SNQJS3Q()G66 -(J_vnDO() 1 $52800hl)0 ~z~ lt)C)O
Appropriation(s) to be Funded IStatutory Authority j Date Funds Needed Chapter 171 Statute of2007 Item 6110-301-0660(3) I Government Code Section 15830 1 6172011
I I I
Department Contact i Title I Phone Allen Young j DCMS 1 916-445-4557 Department Directors Name (please print) I Signatur~tPfA ID~~1fRichard Zeiger Chief Deputy Superintendent l k If
IGeneral Obligation Revenue (jType ofBonds ~SPWB 0 Other0 SelfLj91_Qatigg___ONpn-S~)fLiguidating -
Name ofSPWB or Other Project Academic Support Cores Bus Loop and Renovation
Name of GO Bond Act
-----middot---------------~-Project Contact (SPWB Only) ~ Phone middot
middot-middot~~ STO AdniE_Sost~---~ Other 9~middot15~_30 Appropriation to be Used D GC Section 167246
)e bb1-e WokM ----------middot(~I()-~~liD__ State Controllers Office Fund Phase of~ct (select all that apply) Est Project
D A Iamp] PP l WD D c DE D D-B Completion Date 4282014
Use of Loan Proceeds 1 Will any ofthe loan proceeds be used (Please check ifanswer is yes to any ofthe following)
D To make advances to local governments i D To fund an escrow or condemnation deposit fund IZJ To pay vendors directly I D To fmance loans to persons other than governmental entities D To reimburse local government for vendor payments I IZJ To make advances to State Architect Revolving Fund DIn a trade or business carried on by a nongovernmental person If Yes specify DGS-PMB Project No 124637 D To make advances to other state funds If yes specify
=)Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private business or from federal funds Yes D No IZJ (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No D IfYES the repayments will be used to D pay debt service or D to fund more projects middot
ADMINISTRATNE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES - lResolution Number I s T~--~--C~---Tmiddot---~ t
Administrative Entity i 1 1 1(GO ONLY) a e oan a e I i I i I--middot- shy
State Public Works Board------middot-____ - l -----=r -B-t---~-t--B- middot-F 9il42~o7___ _____
--middotmiddot--- 1 d--1--o---r-middoto---r-middot----shy1
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
lXI This application is recommended for approval subject to the following conditions ~ First$ 50(pJOOO 00 to be used to payreduce existing PMIB loan Of 000fo D Reduce amount ofloan to $ _______
Conditions (if applicable) Jd This aeelication i~ not r~commend~~ for aeeroval by the Public Fin311ce Divi_~_lmiddoto=nc__________-=----------- shySignature Director Public Finance Division j Date
I PART III RECOMMENDATION
(Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Dapproval D rejec~ion D modification -A-uproved loan amount ~ ~ Lo8p Jo be made riosooner than ( n is due 364 days (or the next preceding business day if the due date falls on a state holiday-a~s=-a-t-u-rd-=-a-y_o_r_a_S_u_n_d_ay) from
-ufe date the loan is funded middot Signature Executive Secretary Date
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I FOR STO USE ONLy
I PMIB NO I 0 I 00 5 l
Tb--agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( Jed Money Investment ~ard (the Board) lends funds as specified below -- j I 111Y27oOO Total project appropriation $163839QQOO Proposed Funding Date 6172011 Loan Amount $i1800fiOO E ~ 1OtgtO ~ At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business daymiddotifthe due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following ~tatu_es (Bo~-6~--- _ middot ___ l~h 171 Statute of2007 Item 6110-301-0660(3)shy middot=J ADMINISTRATIVE AUTHORIZATION The bond sale commercial ~er if lpoundPIicable1 and this loan have been autho~ized by_actions of administrative entities as follows
Administrative Entity I ResolutionOther I Date l
t=~te Pu_~ic ~orks Boar~=-~=~~--middot-r-~~~~~RRiova~~---------L~~~=-------middot-middot-middot-----middot--j The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the statemiddotagency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subJect to appropriation by the State Legislature
(~N RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
__IRl~l_i_~~~~ available foi_such_p~~~~
IState Agency Name middot -------1 __)~~artment of Educatio_n___ middot---- shyi Directors Signature llJpoundJmiddotState Public Works Board (if applicable)
Administrative Secretary Signature ~==~~~----~~21-tL__1
POOLED MONEY INVESTMENT BOARD EXECUTIVE SE-fl--f1
The Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of 1 and the vote was as follows
MEMBER ----+~middot-middotA_YE J N_0_1 Treasurer of the State of California ~
Controller ofthe State of California DirectorofFinanceoftheStm~-o~f~C~a~l~ipound~orn-~ia------------------middot--------------------~-------------------~--------middot
~--~--~--~777-------------------------------------------------~-----------------L-------I Conditions (if applicable)
Executive Secretary of the Pooled Money Investment Board Date
INSTRUCTIONS TO CONTROLLER0 V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest ~ ) The General Fund will pay interest Do not invest loan proceeds in SMIF
ccfmmercial Paper will be used to repay this loan Yes No
Reserve$_______________________ of the proceeds from this loan for Cost oflssuance PMIA interest and administrative costs
l
______
______
Rev (610)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(apartment Name Department of Education Project Name Academic Support Cores -~
middot Yea~ 2011-12 Est Project Completion Date 4282014
Date 472011 Est Phase Completion Date ___n~a____Acquisition
Loan Amount (1gt $ 529000___----=~~_
Funds Disbursed to Date _$___504l54_6_ Per SCO Report dated 33011
~ame of Bond Program Public Buildings Construction Fund
(1) (2)
Month and Original
Year Projection
Prior yrs
1
2
3
4
5
60 7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22 ~ 23
U 24
(3)
Actual
Disbursements
(4)
Projections for
the Next 12
Months
__5132_01_1___ Prei i m PI a ns
__4122_012=--- Work Draw 2282014
-~=___
(5)
Cumulative
Disbursements
Constr (2l
Equip
Design-Build
(6)
Phase of
Project
(APWCE
D-B)
(1) Rounded up to nearest thousand
47202054
232950
~~r~~~~~~i~~11
299f8gt4~g~middotmiddot~~-~~ ~ bullbullbull I ~~~~H~ bull J
ltfAmiddotIf~t17~1middot~middotamiddot no bullbull lmiddot pound~ 1 1 1it bullbull bull bull
middoty-ltbullbull11~~~)~~~-~~f~~f~middott- ~50(~00
472021 D
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 p
474350 p ~tgtpound~~a~1~~c 1) bull t~ ( ~
lt-Cimiddot~c~- 504middot309 IFIitiNr~ ~v~middot bullfg(7ff ft(bull-- 528middot 9373~~~i~~t~ ~-middot~ ~ ~0i~t~~nr1~
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
529000 p
12008-5201 0
Jun-10
Jul-1 0
Aug-10
Sep-10
Oct-10
Nov-10
Dec-10
Jan-11
Feb-11
Mar-11
Apr-11
May-11
JH_ter~$t~f~~n~~~-~i~~~ g8ffil81f~~j~~i
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
Apr-12
May-12
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal [8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs PMI~~~~LYr o( oos l
PART I LOAN REQUESTBOND PROGRAM INFORMATION Com leted b Re uestin De artment
middot ~~~mhn~e~n~t------------------------~~==irr~r~~==u~~-~==l~IFTT~om~lfP~r~~~middotedct~A~pprop~ri~a~tio~n~--fjAk~n~ou~nt~RR~~ues~ro~-----i~ _ i ~05300000 Go nr lTi~ntal ___________ Health ~~~~I D1 Qlt)------------middot-middot--1 $6589066-00-middot--middot--------middot-----middot-middot---middot-L____ ___________________________________________ -- shy
Appropriation(s) to be Funded Statutory Authority I Date Funds Needed Chapter 1712007 Item No 4440-301-0660(2) Government Code Sec 15830 et seq ~26~611 tmiddot7-
middot-middot----------middot--middot------------middot--middot-middot------------ ----middot-middot--middot--middot--------------- --------shyDepartment Contact Title j Phone David Harner middot Chief Hospital OpeationsFiscal Supp I (916) 654-3600 middotn~~~~~~s-~~~~~~t)middot-----middot------ --______rsiinatre-------------~----~ -middot~---middotr~=~~-----middot-middot---shy
i General ObligationT 0 fB dype on s D Self Li uidatin D Other N~~-roo i3-0~ltLA-t----middot-q_ltgt-=---~~-middot=-middot-middot==-middotO~-==--middot--middot---middotmiddot--ll-middot-a-nmiddot-e--o-f-sPWB_0middotzoihd_Pro]eCimiddot------middot--middot-middot-middot-middotmiddot-middot-middot-middot-middot-------- ---
tascadero State Hospital 258 Bed Hospital Remediation API-jricrti~-~i~-b~-u~~-- o___ltic~ti~~-i-67246middotmiddot--middot______ middotoject-cmiddoti-aCt(srwmiddoti3-o~l)r)______r-yJ10ilemiddot---middot--_ ____
~~i2~fo~~Ife~~s~f-fi~=c-middoteFD=ubullndo~hccer=~~=--- uDmiddotmiddotmiddotamiddot-$middotmiddot~~~~-~~-
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments -~ D To fund an escrow or condenmation deposit fund 0 To pay vendors directly i 0 To finance loans to persons other than governmental entities 0 To reimburse local government for vendor payments [8] To make advances to State Architect Revolving FundJ
0 In a trade or business carried on by a nongovernmental person i If Yes specify DGS-PvfB Project No 124473 0 To make advances to other state funds If yes specify
I Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private ~J business or from federal funds Yes D No [8J (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No O If YES the repayments will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
obullbullobullbullbull-bull-bullbullbullbullbullbull~bullbullbull--bullbull-_________________HH----__--f-MH-bull0bull----middot-middot--bull-bullbullbullbullbullbull-1-----MMI--MO-
Administrative Entity Resol~~ioo~L~umber I Sale i Loan I middot CP i Date -___--middot-middotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot----middot-middot--middotmiddotmiddot--middotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot----middot-middot-middot-middotmiddotmiddot-middotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot--- middotmiddot-middot----middotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddot-middot-middot-middot-_-middotmiddotmiddot-middotmiddotmiddot---middot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot---__L---middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middot State Public Works Board i 0 I [8] 0 7132007- ___ ______________- 1_ 0
u- - ____+- ~~--I0 I
PART II RECOMMENDATION AND CONDITIONSshy(Completed by Public Finance Division of the State Treasurers Office)
~ This application is recommended for approval subject to the following conditions 0 First $ tlt bj used to payreduce existing PMIB loan __middot___ Kl Reduce amount ofloan to$ (DJ as JQaOO
Conditions (if applicable) middot
-~iniz~~~51~~E~u~ii~~~~~~~~~yent~d_f~r~EPr~~-~~L~~~~EJi~~il~~~-2i~i~ilt~--middot----___________________loaie--middot---_________
I
_
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval D rejection 0 modification middotj-middot~proved loan amount i _ Loan to be made no sooner than
an is due 364 days (or the next preceding business day if the due date falls on a state holiday_a_S_a-tu_r_d_a_y_o_r_a_S_u_n_d_a_y) from the date the loan is funded
Signarme E~etive Secretacy-----middot---middot-middot--middot-middot-middot------middot--------------------------middot--middotDate----------middot----------middot---shy
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
s agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( 1
bull ooled Money Investment Board (the Board) lends funds as specified below ~ ~ Total project appropriation $659800000 ~ Proposed Funding Date 51262611 G I J Loan Amount ~9S300()()0 -o-12-S bO
At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the Joan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Mpney Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale ofbonds (Bonds) authorized by the following statutes (Bond Act) rmiddotmiddotchapt-i7iifoo7~it~~-N~~444o3oio66o(i)- - -middot-middot-middotmiddot- middot-middot-middotmiddot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddot-middotmiddotmiddotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddot--_---middotmiddotmiddot-middot-middotmiddot-middotmiddot----middotmiddot--middot-l bull--bull-bull-Hbull---middot--middot-middot----bullbullbullbull--bullbullbull-bull-________________m_______________________________________l
ADMINISTRATIVE AUTHORIZATION _~_P-~f~l~-~-ltial_p_lPtJLlP~ipound1tltd tl~Jll_l~~-~~~ll~-~-I~~~EiY_~iQ~~-lfl~ilJ~rl~~-i~~flJ2)VS middot-------middot- Administrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act pennits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation by the State Legislature
OAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~EPE9Pi~i9P~Y~i~~~f9E_S~~hP~-9~~__________________
L~~~~~~~rM~n~ ~l~-middot-middot--__------middot------_ ___________________ ---middotmiddotmiddot J
~~-~~~~-----~~~~ L~~~~~-imiddot~middot~middot~middot~middoti~~~_S~~~~~-r ____d____-_________- __l~~gtltltlJI POOLED MONEY INVESTMENT BOARD EXECUTIVE SECRETARYS CERTIFICATION i 1IThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of __ and the vote was ___ as follows __- - __ r---middot-middot- __ ____ ______ ____ ___ ___j
~~~~~-~-plusmn=~- Director of Finance of the State of California
middot----middotmiddot-middotmiddotmiddot--middot~middot---------middotmiddotmiddot--middotmiddot-middot----middot-middot---middotmiddotmiddot-middot---middot-middotmiddot-----middot--middot-----------middot-middot-middotmiddot---middot-middot---middot--------middot-middot-----middot--middot---middot---middot--middot--middotmiddot--middot-middot----middot-middot--1-~--~middot~middotmiddot--middot-middotmiddotmiddot-~~ Conditions (if applicable)
middot-E~c~tivmiddots~~~tarymiddotrmiddotilieP~~~~dMo~-~YI~~t1 Boad-middot-middot--------middot-middot-middot-middot-------middot---- ________________ __TD~t~-middot-middot------middot-middot1 i ~-----middotmiddot---middot-middot--_________- ---middot--middot-----middot----middot----------middot-middot--middot-middot----------middot-------__________J____________l
INSTRUCTIONS TO CONTROLLER I i ~ 1 ~-~ Proceeds from this loan should be invested in the Surplus MoneYinvestirtent Fund SMIF earnings and bond proceeds will pay interest
) The General Fund will pay interest Do not invest loan proceeds in SMIF lCommercial Paper will be used to repay this loan Y~s middot - V No
Reserve $ _______________ of the proceeds from this loan for Cost of Issuance PMIA interest and administrative costs
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(epartment Name Department of Mental Health Project Name Atascadero 250-Bed Remediation ---_
- Year 2011 Est Project Completion Date 10302010
Date 412011 Est Phase Completion Date Acquisition
Loan Amount lt1l $ 6125000 Prelim Plans
Work Draw Funds Disbursed to Date $ 6038196 Per SCO Report dated 52411 1112009 Constr lt2l
~ame of Bond Program Public Buildings Construction Fund Equip
Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year Projection Disbursements Months Disbursements D-B)
0
Prior yrs 571970200 5719702
1 May-10 1302600 5732728 c 2 Jun-10 1336000 2142000 5754148 c 3 Jul-10 1336000 1882900 5772977 c 4 Aug-10 1336000 5772977 c 5 Sep-10 1336000 183700 5774814 c 6 Oct-10 334000 601200 5780826 c 7 Nov-10 384100 5784667 c 8 Dec-10 133600 5786003 c 9 Jan-11 5786003 c
10 Feb-11 5786003 c 11 Mar-11 5786003 c 12 Apr-11 6925800 5855261 C
~~~~~]~mlftltttt~bull~~~~~~~~~~~~~=~~~~~~~l~riir~ 13 May-11 500000 6110238 C
C14 Jun-11 500000 6115238
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11f-------1
191--_ _N__o_v_-11j
20 Dec-111---____--1 21 Jan-12
1--------1
~ 22 Feb-12 (___j 23 Mar-12
1---______~
(~~ nrlrl Anr_-_1 ) housand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application bull
(3) Projected Admin includes estimated fees from STO SCO and DOF
500000
500000
6120238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125000
c c c c c c c c c c
State of California- State Treasurers Office LOAN REQUEST New Loan fZ1 Renewal 0
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs II ~o~~LNO~LY ( 0 OOltoC
~ PART L LOAN REQUESTBOND PROGRAM INFORMATION f~ (Completed by Requesting Department) bull artment I Total Project Appropriation Amount Requested -corrections and Rehabilitation middot i $30000000000 I $682600000 middot----middot~---------middot--middotmiddot--middot-middot------middot----middot--middot----------------------middot------------middot--lmiddot------middotmiddot----middot-----middot-middot-middot-middot-l---middot-middot--middot-middot-----middot------- shyAppropriation(s) to be Funded ~71B -~ Statutory Authority I Date Funds Needed SB 81 Ch 17507 (as amended 8rpoundG 1828 Ch 729Mf) i Welfare and Institutions Code Chapter I 6182011 5225-801-0660 6101753 M3 l 15 Article 3 Sectio~970 1~11 I
_-Q~-~-X~~~fl9ffeE~~ Reh__Qilit~_i~~EiiEJ~~hasc I_ middot ~t1fgtDepartment Contact Titl~---middotmiddot--middot---middotmiddot------middot---middot----middot-middot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middot----middotmiddotmiddot-middotrmiddotPho~middot~~--------
i~~~~ffi(~O~~~~~-~-T fB d J General Obligation ReVeiiue
-N~~~~orb~middotmiddot~dAsp-elfAg~icI~~rg____0_~_21~-eJf-Jgi9_ainK--middotmiddot middotmiddot-~~~~~s-PPs~~~~tilmiddot~middotmiddotmiddotr~o-t~middotmiddot----131Bmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddot--middot--middotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddot-middot--middot-stanislaus County Juvenile ~ommitment Center
Appropriation to be Used D G C Section 167246 Project Contact (SPWB Only) I Phone middot~middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot
for STO Admin Costs D Other__ Darlene Maston I 916-255-2237 state con tr~ji~~middot~middot-middotorfi~middot~middotmiddotp~~imiddottc-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-shy middot-middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddot middotmiddotmiddothasemiddotmiddotrjgtmiddotJ-~middotimiddotmiddotcseTeZimiddotmiddotaIcmiddotmiddotitmiddotmiddotmiddot~iJmiddotiJiy)~middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotpoundsimiddotj~~middotCiTe~i-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot
0 A 0 PP 0 WD fZI C 0 E 0 D-B Completion Date 2152013
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments I 0 To fund an escrow or condenmation deposit fund 0 To pay vendors directly 0 To finance loans to persons other than governmental entities fZI To reimburse local government for vendor payments 0 To make advances to State Architect Revolving Fund D In a trade or business carried on by a nongovernmental person 1 If Yes specify DGS-PMB Project No (J0 To make advances to other state funds If yes specify
--A Will any part of the debt service on the bonds tl1at secure this loan be either secured by or paid from property used in a private business or from federal funds Yes 0 No fZI (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No O IfYES the repayments will be used to 0 pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
-----~i~-- fRol~I~~~~-----G~--~~~=~~=====Famp~=t=l==gF~
(
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
0 This application is reconnnended for approval subject to the following conditions D First$ to be used to payreduce existing PMIB loan _____ D Reduce amount of loan to $ _______
Conditions (ifltpplicable)
_O Ii~__ppJLc~ti~~i~ ~~~Ee~lt1~~9~~fo~E~~JQt~l1l~J~g_fi1~~1g_~RiY~~9~-middotmiddot-middotmiddot--middotmiddotmiddot-middotmiddotmiddot--middot-middot-middotmiddotmiddotmiddotmiddot-middot----~---middot-middot-------middotmiddotmiddot--middotmiddot-middot-----middotmiddotmiddotmiddot-middot---middot-middot-middot-middotmiddot--middotmiddotmiddotmiddotmiddot-signature Director Public Finance Division j Date
l 1 i
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
-middot~is request is recommended for Oapproval 0 rejection 0 modification ____pproved loan amount Loan to be made no sooner than _________ Loan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded
middot-s-gra~re~middot-Ex~-c-u-iT~e-semiddot~~eiarY----middot-middot-----middot-----middot--middot-middot----middotmiddot-middotmiddot-middot---------middot--middot----middot-middot----middot-middotmiddot-middotmiddot-middot------middot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddotmiddot------middot-middotmiddoto-aimiddot--middotmiddot-middotmiddotmiddot-middotmiddotmiddot-------middotmiddotmiddot-middotmiddot--middot-----middot----middotmiddotmiddotmiddot--middot-middot-middotmiddot
____
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
lo 006b _I
----middot-middot-middot-middot-~--middot1
r agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and 1----__ Pooled Money Investment Board (the Board) lends funds as specified below
Total project appropriation $30000000000 Proposed Funding Date 6182011
Loan Amount $682600000 At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state hoi iday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following
s~~~~r~~~ntl_~_~o --middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddot-middot---middot-middotmiddotmiddotmiddotmiddot-middot-middot-middot---middotmiddot-middot-middot-middotmiddotmiddotmiddot~~a~--middot--middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middot---middot-middot-middotmiddot-----middotmiddot-middotmiddot-middotmiddot---middot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot---middot--middot---middotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddot- middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot---middot~ i SB 81 Ch 17507 (as amended 8yen AIHI~middoth-7i91W) 5225-801-06606101753
1_1~pound~~-X~Il~~~IQ~I~~-~E_~p~_~y~_l~lti~i~~-~--~-tJgt~----middotmiddotmiddotmiddotmiddot-middot--middotmiddotmiddot-middot--middotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddot----middotmiddotmiddot-middotmiddotmiddot-middotmiddot--middot---middotmiddotmiddotmiddot--middotmiddot-middotmiddot-middot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot ----middot---jADMINISTRATIVE AUTHORIZATION
_ll_~_ltgt~--~-~C~-()_mm_~~pound~P~P~1bullfPP_lllI21E~2ll~~C-~Ctl_~lhQ~e~~Y~~iltgtSltgtf~iiSt~~Y~i_~ie~l~ol_lgt~~~_ _____________________ Adnrinistrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial
Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest fimiddotom the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan lfthe loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan middot
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds ofBonds or the proceeds of a new loan Payment from any other source is subject to appropriation
(~the State Legislatu_re
~lAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~PPI~CgtP~aisgt~~iJ~)_~_[ltE ~~hP~TP_~~~_---middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middot----middot-------middotmiddotmiddotmiddotmiddotmiddot-------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middot----middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddot middotmiddotmiddot--middotmiddot---middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddot---middot--middotmiddot---------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot i State Agency Name
jJ~P~r_lfl _lt_~E~~poundi~l~~l~_~~~~iol-----middot--middotmiddot--middotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddot--middot-- middotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddot--middot----- middotmiddotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddot----middot-middotmiddot--middot---middotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddot-middot--- middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot----middotmiddotmiddot--middotmiddotmiddot-- _
--T~=I ~~~~~~-i-~~=~~-~=---~-=cr~~__~~~~~~-~-=--middot~~-~--- middot-middotmiddotmiddotmiddot-middot-middoti -~-iAL 1 POOLED MONEY INVESTMENT BO i
iThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of
and the vote was as follows i
i_~_~-middot~-~~-~~~~-~=~~~~~ ____middotmiddot_=----~-~~-=~-~~middotmiddot~~~~sect-~~middot==-=~~-~middot~~~~middot~~=middotmiddot~middotmiddotmiddotmiddot~~=--~-==middot~~~-~-~~I~middot~middot~-middot~~~~Y~~~~middotmiddot~~-~~~~[middot~-~~~B~~~~=Ji Treasurer of the State of California I 1 l~MoHOoHHOHoH-gtHoooobull-bullbull-bullbullbullbullbull---middot-middot--bullbullbull-bullbull---middot-middotbull-MoOHHgtMHObullobulloo-bullbull-bullbull-bull-bullbull---bullbull--H--0-----middot-middotbull--middotmiddot-bullbullbullbullbullH~__-bullbullbullbull-bullbull+bullbull-HOoooOHooHooHoHooOHMo-oMo-oOOoO-Moooooo Moool
Controller of the State of California j j ji _MOOMOMOOMMO MOMM-__MMMMMOOMO---middot--middot--------middot--middotmiddot middotmiddotmiddot-middotmiddotmiddot-middotbullbullMMMOOMMO-MOOMMM _00-00Mbull-o0M_00000MOM-MMMMooMOMMOM-0000_0_00M--00000MMoM0-00-M000000000-0M000000-MOM-OOOM00000000-M0M00MM00000000MM00MOOOOMMiOMOM0_0_000000MOM-00000000-0MMO_M_ __ J- _ ___________________i______ Director of Finance of the State of California i ~-C-o~middot(jjtf)middot~~--(jf~ppif~~b-i~middot)~-----middotmiddot-middot--------middot-----middot--------------middot-------middotmiddotmiddotmiddot---middot-middot-----middotmiddotmiddot---middot---middot-------middot----middot--middotmiddot--middot--Lmiddotmiddot-middot-----middot--middot-middot---middotmiddotmiddot----middotmiddot-------L-----middot------middot-middot--------middot-i
I i jl-----middot-------middot-----middot-----middot----------middot--middot--middot------middot-----middot---------middot------------middot--middot------_____________________________________________-------------middot---middot-middot-middot-middot-middot--middot--middot--middot----middot-----middot----middot-middot_________________________s-_middot-----middot-middot--middot------middot---middot-li Executive Secretary of the Pooled Money Investment Board Date I I i i
i ~- l i
L---------middot----middot---middot---------middot-------------middot-----middot---middot--middot-----------middot--------middot-middot---------------------middot-middot---------middot---- ------middot--middot------middot-middot-middot---middot-middotmiddotmiddot---middot---middot-middot-------middot------middot-----middot-middot--middot----t--middot---middot---------middot------middot-middot-jmiddot-ISTRUCTIONS TO CONTROLLER
( J middotv Proceeds from this loan should be invested in the Surplus Money Investment Fund SMJF earnings and bond proceeds will pay interest ~ The General Fund will pay interest Do not invest loan proceeds in SMIF
Commercial Paper will be used to repay this loan Yes V No
Reserve $_______________ of the proceeds from this loan for Cost of Issuance PM IA interest and administrative costs
_~~~~~~0----
Rev (61 0)
MIA Loan Request for Revenue Bond Programs l Ol OObG
ashflow Statement
(~partment Name Corrections and Rehabilitation Project Name Stanislaus County Juvenile Commitment Center
~ Year 20112012 Est Project Completion Date 2152013
Date 5132011 Est Phase Completion Date NA Acquisition
6~826000 5132011
6212011 Work Draw
Loan Amount (1l __$ _____- Prelim Plans
Funds Disbursed to Date $ - Per SCO Report dated 0000 2152013 Constr (Zl
___---~---
Jame of Bond Program Lease Revenue-Stanislaus County Juvenile Commitment Ctr ___NA_____ Equip
_N_A_____ Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and the Next 12 Cumulative (APWCE
Year 0 n Actual Disbursements Months Disbursements D-B)
Prior yrsmiddot
1
2
3
4
0 5
6
7
8
9
10
11
12
16 11
17 Oct-11
18 Nov-11
19 Dec-11
20 Jan-12
21 Feb-12
22
(J 23
24
14
15
545 00000 552 500
818 00000 1 370 500 c 1 091 00000
1 091 00000
c
1 091 00000
1091 00000
c
1 091 00000
7 500
7 500
c
c
c
c
(1) Rounded up to nearest thousand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
0
_~~To_ ~- ~ 1shyl ~ 1gt1 0
0 OEPARTMENT OF EOMUNO G BROWN JRbullbull GOVERNOR
~-FDotF I N A N C E ----S-TA-TE-C~A-P-ITC-1-bull~R-o-o-M-~~45~~S-AC_RA_M_EN_T_o-C-A-bull-9-5~B~1--4-4~9-i=-B-8~www~~o-c~~CA-llc~v CFFICE CIF THE DIRECTCIR
May 12 2011
Mr Bill Dowell Administrator Pooled Money Investment Board 915 Capitol Mall Room 106 Sacramento CA 95814
Dear Mr Dowell
AB 55 Loan Application for County of Stanislaus Juvenile Commitment Center Project
The following detennination is respectfully submitted pursuant to the Pooled Money Investment Board Pooled Money Investment Account Loan Policy adopted October 20 2010
This loan request is for the states share of costs for the County of Stanislaus Juvenile Commitment Center Project one of many youthful offender rehabilitative facility projects included in the SB 81 Youthful Offender Rehabilitative Facilities Construction Financing Program middotIn this program the county rather than a state agency manages the construction contract and process Furthermore the county is responsible for a portion of the project costs including any project cost overruns Thus at this stage of the project it is fiscally prudent to fund the construction costsmiddot using an interim loan rather than to issue bonds until final costs are known and we are confident the county will have fully funded its share
Based on the factors noted above the Director of Finance has determined the project is not appropriate for upfront bond funding and therefore interim financing is necessary to fund the -construction phase of the project If you have any questions or need additional information regarding this matter please call Chris Lief Principal Program Budget Analyst at (916) 445-9694
ANAJMATOSANTOS Director By
1~ (-gt2--shyMICHAEL COHEN Chief Deputy Director
icc FINN ROGERS LIEF BENSON CF (3) SUSPENSE FILE 0
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(epartment Name Department of Forestry and Fire Protection Project Name Santa Clara UH Replace Facility
~~ Year 2011 Est Project Completion Date 6132016
Date 4292011 Est Phase Completion Date NA Acquisition
Loan Amount lt 1l $ 42000__________ 9302013 Prelim Plans
--~___ _ Funds Disbursed to 9302014 Work Draw__________
Date _$_____3_2_8_0_3_Per SCO Report dated 33011 6132016 Constr lt 2l______ _
~ame of Bond Program Public Buildings Construction Fund _______ Equip
_______ Design-Build
( 1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year Pro ection Disbursements Months Disbursements D-B)
941600Prior yrs 7108-4302010
1~-~~~+------~------~ 2~-____~~+------~-------~ 3~--~~+------~-------~ 4~-~~~+------~-------~
0 5
6
7 Nov-10
8 Dec-10
9 Jan-11
10 Feb-11
11
14 Jun-11
15 Jul-11
16 Au 11
17 Se 11
18 Oct-11
19 Nov-11
20 Dec-11
21 Jan-12
0 22 Feb-12
23 Mar-12
p
41 094 p
41 094 p
41 094 p
41 094 p
41 094 p
41 094 p
41 094 p
41 094 p
41 094 p
000 p
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
16
p p
16 p
16 p
16 p
16 p 16 p 16 p 16 p 16 p 16
9 416 p
p
T
Name of GO Bond Act
middot-middot-middot-middot-------------middot-middot--middot--middotmiddot---middot---middot---middotmiddotmiddotmiddot-middotmiddot
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal ~
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs FORSTOUSEONLY IOl Lmiddot PMIB NO 00101
PART I LOAN REQUESTBOND PROGRAM INFORMATION
__Jlus interest and admin--------middot Department Contact Linda Webb
-=-----middot-middotmiddot-middotmiddot-middot-middot-middotmiddotmiddot-----middotmiddot--middot--middotmiddot--middotmiddot---middotmiddot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot Department Directors Name (please print) Janet Barentson
T fB d I General Obligation ype~----~-~--__j_Q ~~lfdg_liEati~g___QJipound]~lfli_~idatin_g________________ O_Qt_J_l~~----middot--middotmiddot--middotmiddot--- -- -middot-middot-----middot--middotmiddot---middotmiddotmiddotmiddot---shy
Name of SPWB or Other Project Siskiyou Unit HQ Replace Facility
______________----_ ___________ Projecc-0iliaC-(sPWBoilly)-----_I-Igti10~e-----middot--middotmiddot------middot--------shyo GC Section 167246 Belinda Swackhammer (916) 322-1205 D Other ~~l=f~1__g~it~_Q~t~yenAJl~i~ L_____________ __________
StateControllers-Office Fund Phase of Project (select all that apply) Est Project Completion D A ~ PP D WD D C D E Date 812016
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) D To make advances to local governments I D To fund an escrow or condemnation deposit fund ~ To pay vendors directly il D To fmance loans to persons other than governmental entities D To reimburse local government for vendor payments ~ To make advances to State Architect Revolving Fund D In a trade or business carried on by a nongovernmental person I IfYes specify DGS-PMB Project No 124686
D To make advances to other state funds If yes specify IJWill any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private
business or from federal funds Yes D No~ (For Revenue Bonds only) 3 For departments using these funds to make grants or loans Are repayments expected Yes D No D If YES the repayments
will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
~ This application is recommended for approval subject to the following conditions ~ First$ L000 1 oo to be used to payreduce existing PMIB loan l0 DOO$ D Reduce amOJnt ofloan to $------ shy
Conditions (if applicable) _D his-~EP~a__ion_is n()_]~comm~p~-~~flt~~EPIS~~poundY_~e ~ublic_E~nance J2ii~~()E_____________________________________ Signature Director Public Finance Division Date
PART Ill RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval 0 rejection D modification
( proved loan amount Loan to be made no sooner than-=--------- shy-~dan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from
the date the loan is funded=middot=--------middot----middot---middot--------------middot----middot- -middot-middot-middot---------- shySignature Executive Secretary Date
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
-------
-------_______
-------
2
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
03partment Name Department of Forestry and Fire Protection Project Name Siskiyou UH Replace Facility
---- Year 2011 Est Project Completion Date
Date 4292011 Est Phase Completion Date
Loan Amount lt1gt $ 144000---------- shyFunds Disbursed to
Date _$____108055_Per SCO Report dated 33011
~arne of Bond Program Public Buildings Construction Fund
( 1) (2)
Month and Original
Year Projection
Prior yrs
-1
2
3
4
6
7
8
9
0 5
15
16
17
18
19
20
21
Feb-12(J22 23 Mar-12
(3) (4)
Actual
Disbursements
Projections for
the Next 12
Months
812016
NA
6302013
____________1112014
812016
(5)
Cumulative
Disbursements
Acquisition
Prelim Plans
Work Draw
Constr lt gt
Equip
Design-Build
(6)
Phase of
Project
(APWCE
D-B)
7108-43011
10
Jun-10
Jul-1 0
Nov-10
Dec-10
Jan-11
10 Feb-11
11
14 Jun-11
Jul-11
11
11
Oct-11
Nov-11
Dec-11
Jan-12
111 30029 111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300
111 300
143 391
143 391 p
143 391 p
143 391 p
143 391 p
p
143 p
143 391 p
143 391 p
143 391 p
144 000 p
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with Joan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewali8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs ~~r~u~OLY 1oIoOlo3
PART I LOAN REQUESTBOND PROGRAM INFORMATION
~----------------------~====~~~==~~==7~~--~~--~--~--~~--~t _)rtment Forestry and Fire Protection Appropriation(s) to be Funded Ch 26808 Item 3540-301-0660 (3)
Ius interest and admin ------middotmiddot+-MDepartment Contact I Title Linda Webb J Chief Accounting Ad inistator
middotmiddotnepartment nireciltirs-Name-(jj-iea5-epri-ii)-middotmiddot---middot--middot---middot---middot--middotmiddot-middot-middotmiddotmiddot-middotmiddot----middot-r-middot------n-imiddotemiddot---middot---- ------middotmiddotmiddot-------middot-middotmiddot+
Janet Barentson
2ype o~~~~-~~~_j__o~~~~ DtJ~~~lflJ_q~~~~g________ ~1i~___o_othe_middotmiddot-----middot---middot--middot------middot---middotmiddot-----middotmiddot-middot---middot-middot- shyName of GO Bond Act Name ofSPWB or Other Project
Vina Helitack Base Replace Facility
~i~~~F--~~6middot~=~~---------middot-middotmiddot-middot--middotmiddotmiddotmiddot--middot-middot---middotmiddotmiddot-middot-middot-middot-middot-middotmiddot-middotmiddotmiddot----middotmiddotmiddotmiddotmiddot-o_Q~E_~r 9lt~ CoA_~ ~-~c__ 11~middot-middot--middotmiddotmiddotmiddot-middotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddot-middot __g~=f~~2-~~~LQ_Etla__~p~~Y~_t______middot---middotmiddotmiddot-middot-middotmiddotmiddot-middotmiddot--middotmiddotmiddotmiddot--middot-middot-middotmiddotmiddot-middot--middotmiddotmiddot-middot-middotmiddotmiddot---middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot State Controllers Office Fund Phase of Project (select all that apply) Est Project Completion
D A 18] PP D WD DC DE Date 112016
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments I D To fund an escrow or condemnation deposit fund
181 To pay vendors directly I D To finance loans to persons other than governmental entities 0 To reimburse local government for vendor payments I 181 To make advances to State Architect Revolving Fund 0 In a trade or business carried on by a nongovernmental person 1 If Yes specify DGS-PMB Project No 124824
~0 To make advances to other state funds Ifyes specify (J Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private
business or from federal funds Yes D No 181 (For Revenue Bonds only) 3 For departments using these funds to make grants or loans Are repayments expected Yes D No D IfYES the repayments
will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
~~-b~~~I i D I D D Ii
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
I8J This application is recommended for approval subject to the following conditions ~ First$ Lj4 QO() 6~ to be used to payreduce existing PMIB loan 0 DOOY 0 Reduce amount of loan to $ ------ shy
Conditions (if applicable)
11 T~s~PPicati0]-_~~_9t recomme~~~ for ap_p_Qvaljgtx_~l_l~fublic fina~~_Qi_yl_sl_~---middot-----middot-----middot--middot--middot--middot-middotmiddot-middot--middot-----middot-middot------Signature Director Public Finance Division I Date
PART III RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
~This request is recommended for Oapproval D rejection D modification ( )proved loan amount Loan to be made no sooner than _________ -4oan is due 364 days (or the next preceding business day ifthe due date falls on a state holiday a Saturday or a Sunday) from
the date the loa~J is funded -------middot---------middot---middot----------------middotDate--middot--------middot---- shySignature Executive Secretary
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs GoRsTo usE oNLY
IPMIB No loIooto3 agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and -~)ooled Money Investment Board (the Board) lends funds as specified below
Total project appropria~ion $1306200000 Proposed Funding Date 6172011 Loan Amount-$5000666r 1JQgt ODD 6b S T At the discretion of the Board and upon n6tice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special ---(ted obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation
( he State Legislature ~
LOAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
c_bullc croia91_~va~1~~1~ for suchE~lt-~-~____middot--middot------middot----------middot-middot---middot-middot-----middot----middot--middot-middot--middot----middot-----------middot----middot--middot--middot----------middot--middot-middot----------~ ate Agency Name i e art~_~_t of F~~EL~nd_~ire ~ro__~~~E-=Yl~~ H~ita_~~~~e=J~plac~_~~ili~Y--_middot-middot-middot----middot--~Q~~M~~~jpound~~~ 124sect~~-1 rectors Signature I ate 1 -n=~~middot~---~- ii~1-l rpooiED-MoNEviNvEsTMENTB-OAM~n~-iARvmiddots-middotcERTiFicAnoN--middot--middot-middot--middot---middot-middot f-Lf_Jt__1I V~CRE l
lj The Pooled Money Investment Board approved this Joan pursuant to Government Code Section 16312 in the amount of i =========== and the vote was as follows I
r~~~~~=~==--=-~~ i Controller ofthe State of California i i Director ofFinance of the State ofCalifm~ia middot-------middot-middot----middot-- -----middot-------middot---~----------1 --------middot - -------------middot-----middot---- ----------middot---- -----middot--------------middot---i
Conditions (if applicable) middot I -Executive Secretary of the Pocilect MoneyInvest~tBoardmiddot--------middot-------middot-middot------middot-----------middot----r-Date----middot-middot-~ i I
(~~)TJ3UCTIONS TO CONTROLLER -1
i __ Proceeds from this Joan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest
-=---The General Fund will pay interest Do not invest Joan proceedsect-in SMIF Commercial Paper will be used to repay this Joan Yes No
Reserve$_______________ of the proceeds from this loan for Cost oflssuance PMIA interest and administrative costs
-------
-------
7108-43010 22 55600
M
2~-~~~~------+---------~ 3~-____~~~----------+----------- 4~-_~~~------+--------
Nov-10
Dec-1 0
Jan-11
Feb-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
51 000 p
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
Rev (610)
MIA Loan Request for Revenue Bond Programs 1oleO~s ashflow Statement
(partment Name Department of Forestry and Fire Protection Project Name Vina Helitack Base Replace Facility ---_
Year 2011 Est Project Completion Date _ ___11__2__01--6__
Date 4282011 Est Phase Completion Date NA Acquisition
Loan Amount (1l $ 51000 612013 Prelim Plans __________ _ _____=___612014__Work DrawFunds Disbursed to
Date _$--___4_17_3_2_Per SCO Report dated 33011 112016 Constr(2l
~ame of Bond Program Public Buildings Construction Fund -------Equip
-------Design-Build ( 1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year P ction Disbursements Months Disbursements D-B)
Prior yrs
1
0 5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
0
22
p p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p p
State of California- State Treasurers Office LOAN REQUEST New Loan 0 Renewall8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs PMIBUN01Y I0 I 00fo4 PART I LOAN REQUESTBOND PROGRAM INFORMATION
~ (Completed by Requesting Department) artment Total Project Appropriation Amount Requested fl)fI
~ 6-estry and Fire Protection $4553400000 bull ~0t11~1 (Ji) v v Appropriation(s) to be Funded -- 7-llj StatutoryAumiddot--th-o-ri--ty-----------L--=-bull-=Da_te-F-u-n-=-ds--N~eed-edCh17107 Item 3540-301-0660 (8) 1 Gov Code Sec15830 et seq l 6172011
plus interest and admin I IDepartment Contact -----------middot--middot------middot---+1-=Title---------middot--------+middot-pmiddot-h-o-n-e_______
Linda Webb middot IChief Accounting AA_ministator L(916) 653-8047
~=~~~~~~~rsName(i)ieaieprint) middot--------middot-middot---middot------~~_plusmni Q--- tf5J IJJ
Revenue [gj SPWB D Other--=-----middotmiddot--middot--middot--------middot-----middot---- shyName of SPWB or Other Project Growlersburg CC Replace Facility
-M-middot-~-~-M ---middotmiddotmiddot----middot-------middot---middot-middot--middot-middot---middot-middot Project COntact (SPWB-Only) ------middot-middot-middot-T-PhODe--middot----middotmiddot--middot-shy
~~~~~~~i~o~~~____B__ g~~~r~Q~~~-~~~~~J~1-- -~~t~~~~~~l-~~~Y~J~~-~~~~~~-~-~-~~---middot----middot-middot- State Controllers Office Fund Phase ofProject (select all that apply) Est Project Completion
0 A 18] PP D WD 0 C 0 E Date 4302017
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) D To make advances to local governments J 0 To fund an escrow or condernnationdeposit fund 18] To pay vendors directly I 0 To fmance loans to persons other than governmental entities 0 To reimburse local government for vendor payments 18] To make advances to State Architect Revolving Fund 0 In a trade or business carried on oy a nongovernmental person i IfYes specify DGS-PMB Project No 124628 0 To make advances to other state funds If yes specify
( Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private ~)business or from federal funds Yes 0 No 18] (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No 0 If YES the repayments will be used to D pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
---middot---middot-----middot----- ~dmi~is~~ive-i~i~--middot- middot-----middot---middot---middot---middotrResol~~oi~~~ber --~~~-~-middot Loan cp Date
-middot-----middot-----middot--middot-----middot-middot--middot-----middot-middot---middot---------middot--middot---______--l___________+-middot-middotr=middotmiddot-middot--t--middot--~middot--middot----middot--r=-middot--middot-middot+-middot-----middot----middot--middot---middot-11
~~~-~li~_F2Eks ~Q~~-- --middot-middot--middotmiddot--______middot--middot----middot------i---- -- [ J middot rgj LJ middot--~pound~~QQ-
--middot-middot-----middot--middot _ ________middot-middot--middot-middot-+---middot--middot--middot-- --lr--blo -middot-middot-61___ ----middot0 shy--- _middot---middot--middot--middot--middot-middot----middot----middot------ --- ____ __ middotmiddot--middot--------- ____ D I 0
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
181 This application is recommended for approval subject to the following conditions ~ First$ 15lti10QQ 0deg to be used to payreduce existing PMIB loan l C fXgtO 5 D Reduce amount of loan to $ _______
Conditions (if applicable)
JJ3~~~is tJot recotru~_tJ_~ed for -EP9Y~~~he P~bli~X~~_Ece Divis_9g__________~-middot---middot-------middotmiddot---Signature Director Public Finance Division Date
I PARTIII RECOMMENDATION
(Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval 0 rejection 0 modification middot Loan to be made no sooner than _________
~oan is due 364 days (or the next preceding business day if the due date falls on a ~tate holiday a Saturday or a Sunday) from the date the loan is funded--------middot---------------- shy ---------------------------middot shySignature Executive Secretary Date
( shy ---)Proved loan amount
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I~~I~u~crLYf o1oo~y (agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ~1ooled Money Investment Board (the B~ard) lends funds as specified below
Total project appropriation $4553400000 C( Proposed Funding Date 6172011 Loan Amount $175666600-- 1l 11 S ODD C5b At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds ofthe loan are to be used only for the purposes authorized for use of the proceeds of the sale ofbonds (Bonds) authorized by the following
ADMINISTRATIVE AUTHORIZATION rThe ~o~d sale _ltom~ercia_Paper if aPQiicable a~d this IO~f_lVe been authorizlaquo_c_~Y~~tilaquoJns of a~_nistrativ_laquo__ctitie~as foll_Q_ws ---middotmiddot--- 1 Admllllstrat1ve Entr_l ResolutwnOther 1 Date i
r~st~~~~blipound~~~~~3o~i~----middotmiddot~=~~===~_l_======~~=~=~=-==-===~==r-_2~(~Qii==~~=---==-=~====~-~l t=~==~~~=~=~=~~~~====~=~~==~==~=~=~~~----middotmiddot-middotmiddotmiddotmiddotmiddotmiddot -middotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot---middot-middotmiddotmiddot--middot--middotmiddotmiddot-middot--middot-middotmiddotmiddotmiddotmiddotmiddot---middot-middotmiddot-middotmiddot-----middot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot---middot middotmiddotmiddotmiddot---middotmiddot-middotmiddot-==~~~~~===~=~~~~~==~====~~~j
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special ---ited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation
( e State Legislature ______
LOAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
ro ri~i~~~~ailabl~f~_su~hJ21pound~~~middot=-middotmiddotmiddotmiddot-middotmiddot--middot-middot-middot-middot-middotmiddot----middot--middot--middot-middot-----middot--middot---middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-------middot--middot-----middot---middot--middot-middot-middot--middotmiddotmiddotmiddot-middotmiddot-----middot--middotmiddotmiddotmiddot---middotmiddot-middot---middot-middotmiddot-middot--shy~N~ I
o(~_ltgtE~~_J_and ~r_e PE~~tio_- G~ersJl~_g__ltf__~p-~-~-~~~j_l_iY-_________________________pG~~ll~~j_~~t ~~~~~
~~~----------~~~poQiEDMoNEYJNiiEsTMENT~CREJARYSCEiiTIFiCATION---~ The Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of 1
~-----=--~~~~~~--=--=~~~==~-=~~-~~~~==-~=~==~~~~~~~~====~-=--middot --middot-r--==~~~n~~==~= ~=~-=- 1Treasurer of the State of California --Controllero-ftheStateof Californiamiddot ------middotmiddot-middotmiddot middot-middot----------middot---- shy
~_~~=~~ SretoofCampifoffii =-==L-_ -----= I Executive Secretary of the Pooled Money Investment Board IDate I
~rfirucTIONS TO CONTROLLER J V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest ___ The General Fund will pay interest Do not invest loan proceeds in SMIF Commercial Paper will be used to repay this loan Yes V No
Reserve $__~____________ ofthe proceeds from this loan for Cost ofissuance PMIA interest and administrative costs
Rev (610)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
i~partment Name Department of Foresty and Fire Protection Project Name Growlersburg Conservation Camp ---shy
Year 2011 Est Project Completion Date
Date 4292011 Est Phase Completion Date
Loan Amount lt 1l $ 1751000
Funds Disbursed to Date $ 1 587371 Per SCO Report dated 33011
~arne of Bond Program Public Buildings Construction Fund
Priory
0
(J
rs
(1) (2)
Month and
Year
7107-4302010
Original
Projection
(3) (4)
Actual
Disbursements
Projections for
the Next 12
Months
1 632 5071)
1 May-1 0 -2 Jun-1 0 -3 Jul-1 0 -4 Aug-10 -5 Sep-1 0 -
6 Oct-10 -7 Nov-10 -8 Dec-10 middot -9 Jan-11 -
10 Feb-11 -11 Mar-11 -12 Apr-11 -
gti bull ~68911hter~~k~illlliili11famptilt0l~lt middotmiddotmiddotmiddot~
_ __430-=2017___
___NA~-- Acquisition
10302012 Prelim Plans
10302013 Work Draw
4302017 Constr lt2l
______ Equip
_______ Design-Build
(5) (6)
Phase of
Project
Cumulative (APWCE
Disbursements D-B)
1632507 p
1 632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1632507 p
1 632 507 p
1 632 507 p libullcmiddot~()qbull1 JjjfJS~~ ~middot I~Adr~~EN~I3l~~IZ middotd28tBni [D ~ G
lmrrKmiddotbullymiddot~r 1~b bull 11 v (5btJ()bi May-11
14
13
Jun-11
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11
19 Nov-11
20 Dec-11
21 Jan-12
22 Feb-12
23 Mar-12
(1 bullllnrlFrl lln Anr_j ) bullnno~n-4IHV-u
p1 750 824-p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824-p1 750 824 -p1 750 824 -p1 750 824 -p1 751 000 -
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
I
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal~
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs IPMIBUNO~LY 0 l DO laS PART I LOAN REQUESTBOND PROGRAM INFORMATION
(Completed by Requesting Department)
( rtment Total Project Appropriation 9Arnount Requested ~ 1shymiddot__ middotltartment of Education j SNQJS3Q()G66 -(J_vnDO() 1 $52800hl)0 ~z~ lt)C)O
Appropriation(s) to be Funded IStatutory Authority j Date Funds Needed Chapter 171 Statute of2007 Item 6110-301-0660(3) I Government Code Section 15830 1 6172011
I I I
Department Contact i Title I Phone Allen Young j DCMS 1 916-445-4557 Department Directors Name (please print) I Signatur~tPfA ID~~1fRichard Zeiger Chief Deputy Superintendent l k If
IGeneral Obligation Revenue (jType ofBonds ~SPWB 0 Other0 SelfLj91_Qatigg___ONpn-S~)fLiguidating -
Name ofSPWB or Other Project Academic Support Cores Bus Loop and Renovation
Name of GO Bond Act
-----middot---------------~-Project Contact (SPWB Only) ~ Phone middot
middot-middot~~ STO AdniE_Sost~---~ Other 9~middot15~_30 Appropriation to be Used D GC Section 167246
)e bb1-e WokM ----------middot(~I()-~~liD__ State Controllers Office Fund Phase of~ct (select all that apply) Est Project
D A Iamp] PP l WD D c DE D D-B Completion Date 4282014
Use of Loan Proceeds 1 Will any ofthe loan proceeds be used (Please check ifanswer is yes to any ofthe following)
D To make advances to local governments i D To fund an escrow or condemnation deposit fund IZJ To pay vendors directly I D To fmance loans to persons other than governmental entities D To reimburse local government for vendor payments I IZJ To make advances to State Architect Revolving Fund DIn a trade or business carried on by a nongovernmental person If Yes specify DGS-PMB Project No 124637 D To make advances to other state funds If yes specify
=)Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private business or from federal funds Yes D No IZJ (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No D IfYES the repayments will be used to D pay debt service or D to fund more projects middot
ADMINISTRATNE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES - lResolution Number I s T~--~--C~---Tmiddot---~ t
Administrative Entity i 1 1 1(GO ONLY) a e oan a e I i I i I--middot- shy
State Public Works Board------middot-____ - l -----=r -B-t---~-t--B- middot-F 9il42~o7___ _____
--middotmiddot--- 1 d--1--o---r-middoto---r-middot----shy1
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
lXI This application is recommended for approval subject to the following conditions ~ First$ 50(pJOOO 00 to be used to payreduce existing PMIB loan Of 000fo D Reduce amount ofloan to $ _______
Conditions (if applicable) Jd This aeelication i~ not r~commend~~ for aeeroval by the Public Fin311ce Divi_~_lmiddoto=nc__________-=----------- shySignature Director Public Finance Division j Date
I PART III RECOMMENDATION
(Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Dapproval D rejec~ion D modification -A-uproved loan amount ~ ~ Lo8p Jo be made riosooner than ( n is due 364 days (or the next preceding business day if the due date falls on a state holiday-a~s=-a-t-u-rd-=-a-y_o_r_a_S_u_n_d_ay) from
-ufe date the loan is funded middot Signature Executive Secretary Date
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I FOR STO USE ONLy
I PMIB NO I 0 I 00 5 l
Tb--agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( Jed Money Investment ~ard (the Board) lends funds as specified below -- j I 111Y27oOO Total project appropriation $163839QQOO Proposed Funding Date 6172011 Loan Amount $i1800fiOO E ~ 1OtgtO ~ At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business daymiddotifthe due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following ~tatu_es (Bo~-6~--- _ middot ___ l~h 171 Statute of2007 Item 6110-301-0660(3)shy middot=J ADMINISTRATIVE AUTHORIZATION The bond sale commercial ~er if lpoundPIicable1 and this loan have been autho~ized by_actions of administrative entities as follows
Administrative Entity I ResolutionOther I Date l
t=~te Pu_~ic ~orks Boar~=-~=~~--middot-r-~~~~~RRiova~~---------L~~~=-------middot-middot-middot-----middot--j The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the statemiddotagency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subJect to appropriation by the State Legislature
(~N RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
__IRl~l_i_~~~~ available foi_such_p~~~~
IState Agency Name middot -------1 __)~~artment of Educatio_n___ middot---- shyi Directors Signature llJpoundJmiddotState Public Works Board (if applicable)
Administrative Secretary Signature ~==~~~----~~21-tL__1
POOLED MONEY INVESTMENT BOARD EXECUTIVE SE-fl--f1
The Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of 1 and the vote was as follows
MEMBER ----+~middot-middotA_YE J N_0_1 Treasurer of the State of California ~
Controller ofthe State of California DirectorofFinanceoftheStm~-o~f~C~a~l~ipound~orn-~ia------------------middot--------------------~-------------------~--------middot
~--~--~--~777-------------------------------------------------~-----------------L-------I Conditions (if applicable)
Executive Secretary of the Pooled Money Investment Board Date
INSTRUCTIONS TO CONTROLLER0 V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest ~ ) The General Fund will pay interest Do not invest loan proceeds in SMIF
ccfmmercial Paper will be used to repay this loan Yes No
Reserve$_______________________ of the proceeds from this loan for Cost oflssuance PMIA interest and administrative costs
l
______
______
Rev (610)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(apartment Name Department of Education Project Name Academic Support Cores -~
middot Yea~ 2011-12 Est Project Completion Date 4282014
Date 472011 Est Phase Completion Date ___n~a____Acquisition
Loan Amount (1gt $ 529000___----=~~_
Funds Disbursed to Date _$___504l54_6_ Per SCO Report dated 33011
~ame of Bond Program Public Buildings Construction Fund
(1) (2)
Month and Original
Year Projection
Prior yrs
1
2
3
4
5
60 7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22 ~ 23
U 24
(3)
Actual
Disbursements
(4)
Projections for
the Next 12
Months
__5132_01_1___ Prei i m PI a ns
__4122_012=--- Work Draw 2282014
-~=___
(5)
Cumulative
Disbursements
Constr (2l
Equip
Design-Build
(6)
Phase of
Project
(APWCE
D-B)
(1) Rounded up to nearest thousand
47202054
232950
~~r~~~~~~i~~11
299f8gt4~g~middotmiddot~~-~~ ~ bullbullbull I ~~~~H~ bull J
ltfAmiddotIf~t17~1middot~middotamiddot no bullbull lmiddot pound~ 1 1 1it bullbull bull bull
middoty-ltbullbull11~~~)~~~-~~f~~f~middott- ~50(~00
472021 D
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 p
474350 p ~tgtpound~~a~1~~c 1) bull t~ ( ~
lt-Cimiddot~c~- 504middot309 IFIitiNr~ ~v~middot bullfg(7ff ft(bull-- 528middot 9373~~~i~~t~ ~-middot~ ~ ~0i~t~~nr1~
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
529000 p
12008-5201 0
Jun-10
Jul-1 0
Aug-10
Sep-10
Oct-10
Nov-10
Dec-10
Jan-11
Feb-11
Mar-11
Apr-11
May-11
JH_ter~$t~f~~n~~~-~i~~~ g8ffil81f~~j~~i
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
Apr-12
May-12
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal [8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs PMI~~~~LYr o( oos l
PART I LOAN REQUESTBOND PROGRAM INFORMATION Com leted b Re uestin De artment
middot ~~~mhn~e~n~t------------------------~~==irr~r~~==u~~-~==l~IFTT~om~lfP~r~~~middotedct~A~pprop~ri~a~tio~n~--fjAk~n~ou~nt~RR~~ues~ro~-----i~ _ i ~05300000 Go nr lTi~ntal ___________ Health ~~~~I D1 Qlt)------------middot-middot--1 $6589066-00-middot--middot--------middot-----middot-middot---middot-L____ ___________________________________________ -- shy
Appropriation(s) to be Funded Statutory Authority I Date Funds Needed Chapter 1712007 Item No 4440-301-0660(2) Government Code Sec 15830 et seq ~26~611 tmiddot7-
middot-middot----------middot--middot------------middot--middot-middot------------ ----middot-middot--middot--middot--------------- --------shyDepartment Contact Title j Phone David Harner middot Chief Hospital OpeationsFiscal Supp I (916) 654-3600 middotn~~~~~~s-~~~~~~t)middot-----middot------ --______rsiinatre-------------~----~ -middot~---middotr~=~~-----middot-middot---shy
i General ObligationT 0 fB dype on s D Self Li uidatin D Other N~~-roo i3-0~ltLA-t----middot-q_ltgt-=---~~-middot=-middot-middot==-middotO~-==--middot--middot---middotmiddot--ll-middot-a-nmiddot-e--o-f-sPWB_0middotzoihd_Pro]eCimiddot------middot--middot-middot-middot-middotmiddot-middot-middot-middot-middot-------- ---
tascadero State Hospital 258 Bed Hospital Remediation API-jricrti~-~i~-b~-u~~-- o___ltic~ti~~-i-67246middotmiddot--middot______ middotoject-cmiddoti-aCt(srwmiddoti3-o~l)r)______r-yJ10ilemiddot---middot--_ ____
~~i2~fo~~Ife~~s~f-fi~=c-middoteFD=ubullndo~hccer=~~=--- uDmiddotmiddotmiddotamiddot-$middotmiddot~~~~-~~-
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments -~ D To fund an escrow or condenmation deposit fund 0 To pay vendors directly i 0 To finance loans to persons other than governmental entities 0 To reimburse local government for vendor payments [8] To make advances to State Architect Revolving FundJ
0 In a trade or business carried on by a nongovernmental person i If Yes specify DGS-PvfB Project No 124473 0 To make advances to other state funds If yes specify
I Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private ~J business or from federal funds Yes D No [8J (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No O If YES the repayments will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
obullbullobullbullbull-bull-bullbullbullbullbullbull~bullbullbull--bullbull-_________________HH----__--f-MH-bull0bull----middot-middot--bull-bullbullbullbullbullbull-1-----MMI--MO-
Administrative Entity Resol~~ioo~L~umber I Sale i Loan I middot CP i Date -___--middot-middotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot----middot-middot--middotmiddotmiddot--middotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot----middot-middot-middot-middotmiddotmiddot-middotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot--- middotmiddot-middot----middotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddot-middot-middot-middot-_-middotmiddotmiddot-middotmiddotmiddot---middot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot---__L---middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middot State Public Works Board i 0 I [8] 0 7132007- ___ ______________- 1_ 0
u- - ____+- ~~--I0 I
PART II RECOMMENDATION AND CONDITIONSshy(Completed by Public Finance Division of the State Treasurers Office)
~ This application is recommended for approval subject to the following conditions 0 First $ tlt bj used to payreduce existing PMIB loan __middot___ Kl Reduce amount ofloan to$ (DJ as JQaOO
Conditions (if applicable) middot
-~iniz~~~51~~E~u~ii~~~~~~~~~yent~d_f~r~EPr~~-~~L~~~~EJi~~il~~~-2i~i~ilt~--middot----___________________loaie--middot---_________
I
_
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval D rejection 0 modification middotj-middot~proved loan amount i _ Loan to be made no sooner than
an is due 364 days (or the next preceding business day if the due date falls on a state holiday_a_S_a-tu_r_d_a_y_o_r_a_S_u_n_d_a_y) from the date the loan is funded
Signarme E~etive Secretacy-----middot---middot-middot--middot-middot-middot------middot--------------------------middot--middotDate----------middot----------middot---shy
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
s agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( 1
bull ooled Money Investment Board (the Board) lends funds as specified below ~ ~ Total project appropriation $659800000 ~ Proposed Funding Date 51262611 G I J Loan Amount ~9S300()()0 -o-12-S bO
At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the Joan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Mpney Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale ofbonds (Bonds) authorized by the following statutes (Bond Act) rmiddotmiddotchapt-i7iifoo7~it~~-N~~444o3oio66o(i)- - -middot-middot-middotmiddot- middot-middot-middotmiddot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddot-middotmiddotmiddotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddot--_---middotmiddotmiddot-middot-middotmiddot-middotmiddot----middotmiddot--middot-l bull--bull-bull-Hbull---middot--middot-middot----bullbullbullbull--bullbullbull-bull-________________m_______________________________________l
ADMINISTRATIVE AUTHORIZATION _~_P-~f~l~-~-ltial_p_lPtJLlP~ipound1tltd tl~Jll_l~~-~~~ll~-~-I~~~EiY_~iQ~~-lfl~ilJ~rl~~-i~~flJ2)VS middot-------middot- Administrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act pennits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation by the State Legislature
OAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~EPE9Pi~i9P~Y~i~~~f9E_S~~hP~-9~~__________________
L~~~~~~~rM~n~ ~l~-middot-middot--__------middot------_ ___________________ ---middotmiddotmiddot J
~~-~~~~-----~~~~ L~~~~~-imiddot~middot~middot~middot~middoti~~~_S~~~~~-r ____d____-_________- __l~~gtltltlJI POOLED MONEY INVESTMENT BOARD EXECUTIVE SECRETARYS CERTIFICATION i 1IThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of __ and the vote was ___ as follows __- - __ r---middot-middot- __ ____ ______ ____ ___ ___j
~~~~~-~-plusmn=~- Director of Finance of the State of California
middot----middotmiddot-middotmiddotmiddot--middot~middot---------middotmiddotmiddot--middotmiddot-middot----middot-middot---middotmiddotmiddot-middot---middot-middotmiddot-----middot--middot-----------middot-middot-middotmiddot---middot-middot---middot--------middot-middot-----middot--middot---middot---middot--middot--middotmiddot--middot-middot----middot-middot--1-~--~middot~middotmiddot--middot-middotmiddotmiddot-~~ Conditions (if applicable)
middot-E~c~tivmiddots~~~tarymiddotrmiddotilieP~~~~dMo~-~YI~~t1 Boad-middot-middot--------middot-middot-middot-middot-------middot---- ________________ __TD~t~-middot-middot------middot-middot1 i ~-----middotmiddot---middot-middot--_________- ---middot--middot-----middot----middot----------middot-middot--middot-middot----------middot-------__________J____________l
INSTRUCTIONS TO CONTROLLER I i ~ 1 ~-~ Proceeds from this loan should be invested in the Surplus MoneYinvestirtent Fund SMIF earnings and bond proceeds will pay interest
) The General Fund will pay interest Do not invest loan proceeds in SMIF lCommercial Paper will be used to repay this loan Y~s middot - V No
Reserve $ _______________ of the proceeds from this loan for Cost of Issuance PMIA interest and administrative costs
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(epartment Name Department of Mental Health Project Name Atascadero 250-Bed Remediation ---_
- Year 2011 Est Project Completion Date 10302010
Date 412011 Est Phase Completion Date Acquisition
Loan Amount lt1l $ 6125000 Prelim Plans
Work Draw Funds Disbursed to Date $ 6038196 Per SCO Report dated 52411 1112009 Constr lt2l
~ame of Bond Program Public Buildings Construction Fund Equip
Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year Projection Disbursements Months Disbursements D-B)
0
Prior yrs 571970200 5719702
1 May-10 1302600 5732728 c 2 Jun-10 1336000 2142000 5754148 c 3 Jul-10 1336000 1882900 5772977 c 4 Aug-10 1336000 5772977 c 5 Sep-10 1336000 183700 5774814 c 6 Oct-10 334000 601200 5780826 c 7 Nov-10 384100 5784667 c 8 Dec-10 133600 5786003 c 9 Jan-11 5786003 c
10 Feb-11 5786003 c 11 Mar-11 5786003 c 12 Apr-11 6925800 5855261 C
~~~~~]~mlftltttt~bull~~~~~~~~~~~~~=~~~~~~~l~riir~ 13 May-11 500000 6110238 C
C14 Jun-11 500000 6115238
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11f-------1
191--_ _N__o_v_-11j
20 Dec-111---____--1 21 Jan-12
1--------1
~ 22 Feb-12 (___j 23 Mar-12
1---______~
(~~ nrlrl Anr_-_1 ) housand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application bull
(3) Projected Admin includes estimated fees from STO SCO and DOF
500000
500000
6120238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125000
c c c c c c c c c c
State of California- State Treasurers Office LOAN REQUEST New Loan fZ1 Renewal 0
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs II ~o~~LNO~LY ( 0 OOltoC
~ PART L LOAN REQUESTBOND PROGRAM INFORMATION f~ (Completed by Requesting Department) bull artment I Total Project Appropriation Amount Requested -corrections and Rehabilitation middot i $30000000000 I $682600000 middot----middot~---------middot--middotmiddot--middot-middot------middot----middot--middot----------------------middot------------middot--lmiddot------middotmiddot----middot-----middot-middot-middot-middot-l---middot-middot--middot-middot-----middot------- shyAppropriation(s) to be Funded ~71B -~ Statutory Authority I Date Funds Needed SB 81 Ch 17507 (as amended 8rpoundG 1828 Ch 729Mf) i Welfare and Institutions Code Chapter I 6182011 5225-801-0660 6101753 M3 l 15 Article 3 Sectio~970 1~11 I
_-Q~-~-X~~~fl9ffeE~~ Reh__Qilit~_i~~EiiEJ~~hasc I_ middot ~t1fgtDepartment Contact Titl~---middotmiddot--middot---middotmiddot------middot---middot----middot-middot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middot----middotmiddotmiddot-middotrmiddotPho~middot~~--------
i~~~~ffi(~O~~~~~-~-T fB d J General Obligation ReVeiiue
-N~~~~orb~middotmiddot~dAsp-elfAg~icI~~rg____0_~_21~-eJf-Jgi9_ainK--middotmiddot middotmiddot-~~~~~s-PPs~~~~tilmiddot~middotmiddotmiddotr~o-t~middotmiddot----131Bmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddot--middot--middotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddot-middot--middot-stanislaus County Juvenile ~ommitment Center
Appropriation to be Used D G C Section 167246 Project Contact (SPWB Only) I Phone middot~middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot
for STO Admin Costs D Other__ Darlene Maston I 916-255-2237 state con tr~ji~~middot~middot-middotorfi~middot~middotmiddotp~~imiddottc-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-shy middot-middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddot middotmiddotmiddothasemiddotmiddotrjgtmiddotJ-~middotimiddotmiddotcseTeZimiddotmiddotaIcmiddotmiddotitmiddotmiddotmiddot~iJmiddotiJiy)~middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotpoundsimiddotj~~middotCiTe~i-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot
0 A 0 PP 0 WD fZI C 0 E 0 D-B Completion Date 2152013
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments I 0 To fund an escrow or condenmation deposit fund 0 To pay vendors directly 0 To finance loans to persons other than governmental entities fZI To reimburse local government for vendor payments 0 To make advances to State Architect Revolving Fund D In a trade or business carried on by a nongovernmental person 1 If Yes specify DGS-PMB Project No (J0 To make advances to other state funds If yes specify
--A Will any part of the debt service on the bonds tl1at secure this loan be either secured by or paid from property used in a private business or from federal funds Yes 0 No fZI (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No O IfYES the repayments will be used to 0 pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
-----~i~-- fRol~I~~~~-----G~--~~~=~~=====Famp~=t=l==gF~
(
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
0 This application is reconnnended for approval subject to the following conditions D First$ to be used to payreduce existing PMIB loan _____ D Reduce amount of loan to $ _______
Conditions (ifltpplicable)
_O Ii~__ppJLc~ti~~i~ ~~~Ee~lt1~~9~~fo~E~~JQt~l1l~J~g_fi1~~1g_~RiY~~9~-middotmiddot-middotmiddot--middotmiddotmiddot-middotmiddotmiddot--middot-middot-middotmiddotmiddotmiddotmiddot-middot----~---middot-middot-------middotmiddotmiddot--middotmiddot-middot-----middotmiddotmiddotmiddot-middot---middot-middot-middot-middotmiddot--middotmiddotmiddotmiddotmiddot-signature Director Public Finance Division j Date
l 1 i
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
-middot~is request is recommended for Oapproval 0 rejection 0 modification ____pproved loan amount Loan to be made no sooner than _________ Loan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded
middot-s-gra~re~middot-Ex~-c-u-iT~e-semiddot~~eiarY----middot-middot-----middot-----middot--middot-middot----middotmiddot-middotmiddot-middot---------middot--middot----middot-middot----middot-middotmiddot-middotmiddot-middot------middot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddotmiddot------middot-middotmiddoto-aimiddot--middotmiddot-middotmiddotmiddot-middotmiddotmiddot-------middotmiddotmiddot-middotmiddot--middot-----middot----middotmiddotmiddotmiddot--middot-middot-middotmiddot
____
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
lo 006b _I
----middot-middot-middot-middot-~--middot1
r agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and 1----__ Pooled Money Investment Board (the Board) lends funds as specified below
Total project appropriation $30000000000 Proposed Funding Date 6182011
Loan Amount $682600000 At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state hoi iday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following
s~~~~r~~~ntl_~_~o --middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddot-middot---middot-middotmiddotmiddotmiddotmiddot-middot-middot-middot---middotmiddot-middot-middot-middotmiddotmiddotmiddot~~a~--middot--middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middot---middot-middot-middotmiddot-----middotmiddot-middotmiddot-middotmiddot---middot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot---middot--middot---middotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddot- middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot---middot~ i SB 81 Ch 17507 (as amended 8yen AIHI~middoth-7i91W) 5225-801-06606101753
1_1~pound~~-X~Il~~~IQ~I~~-~E_~p~_~y~_l~lti~i~~-~--~-tJgt~----middotmiddotmiddotmiddotmiddot-middot--middotmiddotmiddot-middot--middotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddot----middotmiddotmiddot-middotmiddotmiddot-middotmiddot--middot---middotmiddotmiddotmiddot--middotmiddot-middotmiddot-middot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot ----middot---jADMINISTRATIVE AUTHORIZATION
_ll_~_ltgt~--~-~C~-()_mm_~~pound~P~P~1bullfPP_lllI21E~2ll~~C-~Ctl_~lhQ~e~~Y~~iltgtSltgtf~iiSt~~Y~i_~ie~l~ol_lgt~~~_ _____________________ Adnrinistrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial
Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest fimiddotom the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan lfthe loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan middot
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds ofBonds or the proceeds of a new loan Payment from any other source is subject to appropriation
(~the State Legislatu_re
~lAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~PPI~CgtP~aisgt~~iJ~)_~_[ltE ~~hP~TP_~~~_---middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middot----middot-------middotmiddotmiddotmiddotmiddotmiddot-------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middot----middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddot middotmiddotmiddot--middotmiddot---middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddot---middot--middotmiddot---------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot i State Agency Name
jJ~P~r_lfl _lt_~E~~poundi~l~~l~_~~~~iol-----middot--middotmiddot--middotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddot--middot-- middotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddot--middot----- middotmiddotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddot----middot-middotmiddot--middot---middotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddot-middot--- middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot----middotmiddotmiddot--middotmiddotmiddot-- _
--T~=I ~~~~~~-i-~~=~~-~=---~-=cr~~__~~~~~~-~-=--middot~~-~--- middot-middotmiddotmiddotmiddot-middot-middoti -~-iAL 1 POOLED MONEY INVESTMENT BO i
iThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of
and the vote was as follows i
i_~_~-middot~-~~-~~~~-~=~~~~~ ____middotmiddot_=----~-~~-=~-~~middotmiddot~~~~sect-~~middot==-=~~-~middot~~~~middot~~=middotmiddot~middotmiddotmiddotmiddot~~=--~-==middot~~~-~-~~I~middot~middot~-middot~~~~Y~~~~middotmiddot~~-~~~~[middot~-~~~B~~~~=Ji Treasurer of the State of California I 1 l~MoHOoHHOHoH-gtHoooobull-bullbull-bullbullbullbullbull---middot-middot--bullbullbull-bullbull---middot-middotbull-MoOHHgtMHObullobulloo-bullbull-bullbull-bull-bullbull---bullbull--H--0-----middot-middotbull--middotmiddot-bullbullbullbullbullH~__-bullbullbullbull-bullbull+bullbull-HOoooOHooHooHoHooOHMo-oMo-oOOoO-Moooooo Moool
Controller of the State of California j j ji _MOOMOMOOMMO MOMM-__MMMMMOOMO---middot--middot--------middot--middotmiddot middotmiddotmiddot-middotmiddotmiddot-middotbullbullMMMOOMMO-MOOMMM _00-00Mbull-o0M_00000MOM-MMMMooMOMMOM-0000_0_00M--00000MMoM0-00-M000000000-0M000000-MOM-OOOM00000000-M0M00MM00000000MM00MOOOOMMiOMOM0_0_000000MOM-00000000-0MMO_M_ __ J- _ ___________________i______ Director of Finance of the State of California i ~-C-o~middot(jjtf)middot~~--(jf~ppif~~b-i~middot)~-----middotmiddot-middot--------middot-----middot--------------middot-------middotmiddotmiddotmiddot---middot-middot-----middotmiddotmiddot---middot---middot-------middot----middot--middotmiddot--middot--Lmiddotmiddot-middot-----middot--middot-middot---middotmiddotmiddot----middotmiddot-------L-----middot------middot-middot--------middot-i
I i jl-----middot-------middot-----middot-----middot----------middot--middot--middot------middot-----middot---------middot------------middot--middot------_____________________________________________-------------middot---middot-middot-middot-middot-middot--middot--middot--middot----middot-----middot----middot-middot_________________________s-_middot-----middot-middot--middot------middot---middot-li Executive Secretary of the Pooled Money Investment Board Date I I i i
i ~- l i
L---------middot----middot---middot---------middot-------------middot-----middot---middot--middot-----------middot--------middot-middot---------------------middot-middot---------middot---- ------middot--middot------middot-middot-middot---middot-middotmiddotmiddot---middot---middot-middot-------middot------middot-----middot-middot--middot----t--middot---middot---------middot------middot-middot-jmiddot-ISTRUCTIONS TO CONTROLLER
( J middotv Proceeds from this loan should be invested in the Surplus Money Investment Fund SMJF earnings and bond proceeds will pay interest ~ The General Fund will pay interest Do not invest loan proceeds in SMIF
Commercial Paper will be used to repay this loan Yes V No
Reserve $_______________ of the proceeds from this loan for Cost of Issuance PM IA interest and administrative costs
_~~~~~~0----
Rev (61 0)
MIA Loan Request for Revenue Bond Programs l Ol OObG
ashflow Statement
(~partment Name Corrections and Rehabilitation Project Name Stanislaus County Juvenile Commitment Center
~ Year 20112012 Est Project Completion Date 2152013
Date 5132011 Est Phase Completion Date NA Acquisition
6~826000 5132011
6212011 Work Draw
Loan Amount (1l __$ _____- Prelim Plans
Funds Disbursed to Date $ - Per SCO Report dated 0000 2152013 Constr (Zl
___---~---
Jame of Bond Program Lease Revenue-Stanislaus County Juvenile Commitment Ctr ___NA_____ Equip
_N_A_____ Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and the Next 12 Cumulative (APWCE
Year 0 n Actual Disbursements Months Disbursements D-B)
Prior yrsmiddot
1
2
3
4
0 5
6
7
8
9
10
11
12
16 11
17 Oct-11
18 Nov-11
19 Dec-11
20 Jan-12
21 Feb-12
22
(J 23
24
14
15
545 00000 552 500
818 00000 1 370 500 c 1 091 00000
1 091 00000
c
1 091 00000
1091 00000
c
1 091 00000
7 500
7 500
c
c
c
c
(1) Rounded up to nearest thousand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
0
_~~To_ ~- ~ 1shyl ~ 1gt1 0
0 OEPARTMENT OF EOMUNO G BROWN JRbullbull GOVERNOR
~-FDotF I N A N C E ----S-TA-TE-C~A-P-ITC-1-bull~R-o-o-M-~~45~~S-AC_RA_M_EN_T_o-C-A-bull-9-5~B~1--4-4~9-i=-B-8~www~~o-c~~CA-llc~v CFFICE CIF THE DIRECTCIR
May 12 2011
Mr Bill Dowell Administrator Pooled Money Investment Board 915 Capitol Mall Room 106 Sacramento CA 95814
Dear Mr Dowell
AB 55 Loan Application for County of Stanislaus Juvenile Commitment Center Project
The following detennination is respectfully submitted pursuant to the Pooled Money Investment Board Pooled Money Investment Account Loan Policy adopted October 20 2010
This loan request is for the states share of costs for the County of Stanislaus Juvenile Commitment Center Project one of many youthful offender rehabilitative facility projects included in the SB 81 Youthful Offender Rehabilitative Facilities Construction Financing Program middotIn this program the county rather than a state agency manages the construction contract and process Furthermore the county is responsible for a portion of the project costs including any project cost overruns Thus at this stage of the project it is fiscally prudent to fund the construction costsmiddot using an interim loan rather than to issue bonds until final costs are known and we are confident the county will have fully funded its share
Based on the factors noted above the Director of Finance has determined the project is not appropriate for upfront bond funding and therefore interim financing is necessary to fund the -construction phase of the project If you have any questions or need additional information regarding this matter please call Chris Lief Principal Program Budget Analyst at (916) 445-9694
ANAJMATOSANTOS Director By
1~ (-gt2--shyMICHAEL COHEN Chief Deputy Director
icc FINN ROGERS LIEF BENSON CF (3) SUSPENSE FILE 0
T
Name of GO Bond Act
middot-middot-middot-middot-------------middot-middot--middot--middotmiddot---middot---middot---middotmiddotmiddotmiddot-middotmiddot
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal ~
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs FORSTOUSEONLY IOl Lmiddot PMIB NO 00101
PART I LOAN REQUESTBOND PROGRAM INFORMATION
__Jlus interest and admin--------middot Department Contact Linda Webb
-=-----middot-middotmiddot-middotmiddot-middot-middot-middotmiddotmiddot-----middotmiddot--middot--middotmiddot--middotmiddot---middotmiddot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot Department Directors Name (please print) Janet Barentson
T fB d I General Obligation ype~----~-~--__j_Q ~~lfdg_liEati~g___QJipound]~lfli_~idatin_g________________ O_Qt_J_l~~----middot--middotmiddot--middotmiddot--- -- -middot-middot-----middot--middotmiddot---middotmiddotmiddotmiddot---shy
Name of SPWB or Other Project Siskiyou Unit HQ Replace Facility
______________----_ ___________ Projecc-0iliaC-(sPWBoilly)-----_I-Igti10~e-----middot--middotmiddot------middot--------shyo GC Section 167246 Belinda Swackhammer (916) 322-1205 D Other ~~l=f~1__g~it~_Q~t~yenAJl~i~ L_____________ __________
StateControllers-Office Fund Phase of Project (select all that apply) Est Project Completion D A ~ PP D WD D C D E Date 812016
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) D To make advances to local governments I D To fund an escrow or condemnation deposit fund ~ To pay vendors directly il D To fmance loans to persons other than governmental entities D To reimburse local government for vendor payments ~ To make advances to State Architect Revolving Fund D In a trade or business carried on by a nongovernmental person I IfYes specify DGS-PMB Project No 124686
D To make advances to other state funds If yes specify IJWill any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private
business or from federal funds Yes D No~ (For Revenue Bonds only) 3 For departments using these funds to make grants or loans Are repayments expected Yes D No D If YES the repayments
will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
~ This application is recommended for approval subject to the following conditions ~ First$ L000 1 oo to be used to payreduce existing PMIB loan l0 DOO$ D Reduce amOJnt ofloan to $------ shy
Conditions (if applicable) _D his-~EP~a__ion_is n()_]~comm~p~-~~flt~~EPIS~~poundY_~e ~ublic_E~nance J2ii~~()E_____________________________________ Signature Director Public Finance Division Date
PART Ill RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval 0 rejection D modification
( proved loan amount Loan to be made no sooner than-=--------- shy-~dan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from
the date the loan is funded=middot=--------middot----middot---middot--------------middot----middot- -middot-middot-middot---------- shySignature Executive Secretary Date
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
-------
-------_______
-------
2
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
03partment Name Department of Forestry and Fire Protection Project Name Siskiyou UH Replace Facility
---- Year 2011 Est Project Completion Date
Date 4292011 Est Phase Completion Date
Loan Amount lt1gt $ 144000---------- shyFunds Disbursed to
Date _$____108055_Per SCO Report dated 33011
~arne of Bond Program Public Buildings Construction Fund
( 1) (2)
Month and Original
Year Projection
Prior yrs
-1
2
3
4
6
7
8
9
0 5
15
16
17
18
19
20
21
Feb-12(J22 23 Mar-12
(3) (4)
Actual
Disbursements
Projections for
the Next 12
Months
812016
NA
6302013
____________1112014
812016
(5)
Cumulative
Disbursements
Acquisition
Prelim Plans
Work Draw
Constr lt gt
Equip
Design-Build
(6)
Phase of
Project
(APWCE
D-B)
7108-43011
10
Jun-10
Jul-1 0
Nov-10
Dec-10
Jan-11
10 Feb-11
11
14 Jun-11
Jul-11
11
11
Oct-11
Nov-11
Dec-11
Jan-12
111 30029 111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300
111 300
143 391
143 391 p
143 391 p
143 391 p
143 391 p
p
143 p
143 391 p
143 391 p
143 391 p
144 000 p
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with Joan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewali8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs ~~r~u~OLY 1oIoOlo3
PART I LOAN REQUESTBOND PROGRAM INFORMATION
~----------------------~====~~~==~~==7~~--~~--~--~--~~--~t _)rtment Forestry and Fire Protection Appropriation(s) to be Funded Ch 26808 Item 3540-301-0660 (3)
Ius interest and admin ------middotmiddot+-MDepartment Contact I Title Linda Webb J Chief Accounting Ad inistator
middotmiddotnepartment nireciltirs-Name-(jj-iea5-epri-ii)-middotmiddot---middot--middot---middot---middot--middotmiddot-middot-middotmiddotmiddot-middotmiddot----middot-r-middot------n-imiddotemiddot---middot---- ------middotmiddotmiddot-------middot-middotmiddot+
Janet Barentson
2ype o~~~~-~~~_j__o~~~~ DtJ~~~lflJ_q~~~~g________ ~1i~___o_othe_middotmiddot-----middot---middot--middot------middot---middotmiddot-----middotmiddot-middot---middot-middot- shyName of GO Bond Act Name ofSPWB or Other Project
Vina Helitack Base Replace Facility
~i~~~F--~~6middot~=~~---------middot-middotmiddot-middot--middotmiddotmiddotmiddot--middot-middot---middotmiddotmiddot-middot-middot-middot-middot-middotmiddot-middotmiddotmiddot----middotmiddotmiddotmiddotmiddot-o_Q~E_~r 9lt~ CoA_~ ~-~c__ 11~middot-middot--middotmiddotmiddotmiddot-middotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddot-middot __g~=f~~2-~~~LQ_Etla__~p~~Y~_t______middot---middotmiddotmiddot-middot-middotmiddotmiddot-middotmiddot--middotmiddotmiddotmiddot--middot-middot-middotmiddotmiddot-middot--middotmiddotmiddot-middot-middotmiddotmiddot---middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot State Controllers Office Fund Phase of Project (select all that apply) Est Project Completion
D A 18] PP D WD DC DE Date 112016
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments I D To fund an escrow or condemnation deposit fund
181 To pay vendors directly I D To finance loans to persons other than governmental entities 0 To reimburse local government for vendor payments I 181 To make advances to State Architect Revolving Fund 0 In a trade or business carried on by a nongovernmental person 1 If Yes specify DGS-PMB Project No 124824
~0 To make advances to other state funds Ifyes specify (J Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private
business or from federal funds Yes D No 181 (For Revenue Bonds only) 3 For departments using these funds to make grants or loans Are repayments expected Yes D No D IfYES the repayments
will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
~~-b~~~I i D I D D Ii
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
I8J This application is recommended for approval subject to the following conditions ~ First$ Lj4 QO() 6~ to be used to payreduce existing PMIB loan 0 DOOY 0 Reduce amount of loan to $ ------ shy
Conditions (if applicable)
11 T~s~PPicati0]-_~~_9t recomme~~~ for ap_p_Qvaljgtx_~l_l~fublic fina~~_Qi_yl_sl_~---middot-----middot-----middot--middot--middot--middot-middotmiddot-middot--middot-----middot-middot------Signature Director Public Finance Division I Date
PART III RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
~This request is recommended for Oapproval D rejection D modification ( )proved loan amount Loan to be made no sooner than _________ -4oan is due 364 days (or the next preceding business day ifthe due date falls on a state holiday a Saturday or a Sunday) from
the date the loa~J is funded -------middot---------middot---middot----------------middotDate--middot--------middot---- shySignature Executive Secretary
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs GoRsTo usE oNLY
IPMIB No loIooto3 agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and -~)ooled Money Investment Board (the Board) lends funds as specified below
Total project appropria~ion $1306200000 Proposed Funding Date 6172011 Loan Amount-$5000666r 1JQgt ODD 6b S T At the discretion of the Board and upon n6tice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special ---(ted obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation
( he State Legislature ~
LOAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
c_bullc croia91_~va~1~~1~ for suchE~lt-~-~____middot--middot------middot----------middot-middot---middot-middot-----middot----middot--middot-middot--middot----middot-----------middot----middot--middot--middot----------middot--middot-middot----------~ ate Agency Name i e art~_~_t of F~~EL~nd_~ire ~ro__~~~E-=Yl~~ H~ita_~~~~e=J~plac~_~~ili~Y--_middot-middot-middot----middot--~Q~~M~~~jpound~~~ 124sect~~-1 rectors Signature I ate 1 -n=~~middot~---~- ii~1-l rpooiED-MoNEviNvEsTMENTB-OAM~n~-iARvmiddots-middotcERTiFicAnoN--middot--middot-middot--middot---middot-middot f-Lf_Jt__1I V~CRE l
lj The Pooled Money Investment Board approved this Joan pursuant to Government Code Section 16312 in the amount of i =========== and the vote was as follows I
r~~~~~=~==--=-~~ i Controller ofthe State of California i i Director ofFinance of the State ofCalifm~ia middot-------middot-middot----middot-- -----middot-------middot---~----------1 --------middot - -------------middot-----middot---- ----------middot---- -----middot--------------middot---i
Conditions (if applicable) middot I -Executive Secretary of the Pocilect MoneyInvest~tBoardmiddot--------middot-------middot-middot------middot-----------middot----r-Date----middot-middot-~ i I
(~~)TJ3UCTIONS TO CONTROLLER -1
i __ Proceeds from this Joan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest
-=---The General Fund will pay interest Do not invest Joan proceedsect-in SMIF Commercial Paper will be used to repay this Joan Yes No
Reserve$_______________ of the proceeds from this loan for Cost oflssuance PMIA interest and administrative costs
-------
-------
7108-43010 22 55600
M
2~-~~~~------+---------~ 3~-____~~~----------+----------- 4~-_~~~------+--------
Nov-10
Dec-1 0
Jan-11
Feb-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
51 000 p
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
Rev (610)
MIA Loan Request for Revenue Bond Programs 1oleO~s ashflow Statement
(partment Name Department of Forestry and Fire Protection Project Name Vina Helitack Base Replace Facility ---_
Year 2011 Est Project Completion Date _ ___11__2__01--6__
Date 4282011 Est Phase Completion Date NA Acquisition
Loan Amount (1l $ 51000 612013 Prelim Plans __________ _ _____=___612014__Work DrawFunds Disbursed to
Date _$--___4_17_3_2_Per SCO Report dated 33011 112016 Constr(2l
~ame of Bond Program Public Buildings Construction Fund -------Equip
-------Design-Build ( 1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year P ction Disbursements Months Disbursements D-B)
Prior yrs
1
0 5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
0
22
p p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p p
State of California- State Treasurers Office LOAN REQUEST New Loan 0 Renewall8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs PMIBUN01Y I0 I 00fo4 PART I LOAN REQUESTBOND PROGRAM INFORMATION
~ (Completed by Requesting Department) artment Total Project Appropriation Amount Requested fl)fI
~ 6-estry and Fire Protection $4553400000 bull ~0t11~1 (Ji) v v Appropriation(s) to be Funded -- 7-llj StatutoryAumiddot--th-o-ri--ty-----------L--=-bull-=Da_te-F-u-n-=-ds--N~eed-edCh17107 Item 3540-301-0660 (8) 1 Gov Code Sec15830 et seq l 6172011
plus interest and admin I IDepartment Contact -----------middot--middot------middot---+1-=Title---------middot--------+middot-pmiddot-h-o-n-e_______
Linda Webb middot IChief Accounting AA_ministator L(916) 653-8047
~=~~~~~~~rsName(i)ieaieprint) middot--------middot-middot---middot------~~_plusmni Q--- tf5J IJJ
Revenue [gj SPWB D Other--=-----middotmiddot--middot--middot--------middot-----middot---- shyName of SPWB or Other Project Growlersburg CC Replace Facility
-M-middot-~-~-M ---middotmiddotmiddot----middot-------middot---middot-middot--middot-middot---middot-middot Project COntact (SPWB-Only) ------middot-middot-middot-T-PhODe--middot----middotmiddot--middot-shy
~~~~~~~i~o~~~____B__ g~~~r~Q~~~-~~~~~J~1-- -~~t~~~~~~l-~~~Y~J~~-~~~~~~-~-~-~~---middot----middot-middot- State Controllers Office Fund Phase ofProject (select all that apply) Est Project Completion
0 A 18] PP D WD 0 C 0 E Date 4302017
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) D To make advances to local governments J 0 To fund an escrow or condernnationdeposit fund 18] To pay vendors directly I 0 To fmance loans to persons other than governmental entities 0 To reimburse local government for vendor payments 18] To make advances to State Architect Revolving Fund 0 In a trade or business carried on oy a nongovernmental person i IfYes specify DGS-PMB Project No 124628 0 To make advances to other state funds If yes specify
( Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private ~)business or from federal funds Yes 0 No 18] (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No 0 If YES the repayments will be used to D pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
---middot---middot-----middot----- ~dmi~is~~ive-i~i~--middot- middot-----middot---middot---middot---middotrResol~~oi~~~ber --~~~-~-middot Loan cp Date
-middot-----middot-----middot--middot-----middot-middot--middot-----middot-middot---middot---------middot--middot---______--l___________+-middot-middotr=middotmiddot-middot--t--middot--~middot--middot----middot--r=-middot--middot-middot+-middot-----middot----middot--middot---middot-11
~~~-~li~_F2Eks ~Q~~-- --middot-middot--middotmiddot--______middot--middot----middot------i---- -- [ J middot rgj LJ middot--~pound~~QQ-
--middot-middot-----middot--middot _ ________middot-middot--middot-middot-+---middot--middot--middot-- --lr--blo -middot-middot-61___ ----middot0 shy--- _middot---middot--middot--middot--middot-middot----middot----middot------ --- ____ __ middotmiddot--middot--------- ____ D I 0
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
181 This application is recommended for approval subject to the following conditions ~ First$ 15lti10QQ 0deg to be used to payreduce existing PMIB loan l C fXgtO 5 D Reduce amount of loan to $ _______
Conditions (if applicable)
JJ3~~~is tJot recotru~_tJ_~ed for -EP9Y~~~he P~bli~X~~_Ece Divis_9g__________~-middot---middot-------middotmiddot---Signature Director Public Finance Division Date
I PARTIII RECOMMENDATION
(Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval 0 rejection 0 modification middot Loan to be made no sooner than _________
~oan is due 364 days (or the next preceding business day if the due date falls on a ~tate holiday a Saturday or a Sunday) from the date the loan is funded--------middot---------------- shy ---------------------------middot shySignature Executive Secretary Date
( shy ---)Proved loan amount
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I~~I~u~crLYf o1oo~y (agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ~1ooled Money Investment Board (the B~ard) lends funds as specified below
Total project appropriation $4553400000 C( Proposed Funding Date 6172011 Loan Amount $175666600-- 1l 11 S ODD C5b At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds ofthe loan are to be used only for the purposes authorized for use of the proceeds of the sale ofbonds (Bonds) authorized by the following
ADMINISTRATIVE AUTHORIZATION rThe ~o~d sale _ltom~ercia_Paper if aPQiicable a~d this IO~f_lVe been authorizlaquo_c_~Y~~tilaquoJns of a~_nistrativ_laquo__ctitie~as foll_Q_ws ---middotmiddot--- 1 Admllllstrat1ve Entr_l ResolutwnOther 1 Date i
r~st~~~~blipound~~~~~3o~i~----middotmiddot~=~~===~_l_======~~=~=~=-==-===~==r-_2~(~Qii==~~=---==-=~====~-~l t=~==~~~=~=~=~~~~====~=~~==~==~=~=~~~----middotmiddot-middotmiddotmiddotmiddotmiddotmiddot -middotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot---middot-middotmiddotmiddot--middot--middotmiddotmiddot-middot--middot-middotmiddotmiddotmiddotmiddotmiddot---middot-middotmiddot-middotmiddot-----middot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot---middot middotmiddotmiddotmiddot---middotmiddot-middotmiddot-==~~~~~===~=~~~~~==~====~~~j
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special ---ited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation
( e State Legislature ______
LOAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
ro ri~i~~~~ailabl~f~_su~hJ21pound~~~middot=-middotmiddotmiddotmiddot-middotmiddot--middot-middot-middot-middot-middotmiddot----middot--middot--middot-middot-----middot--middot---middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-------middot--middot-----middot---middot--middot-middot-middot--middotmiddotmiddotmiddot-middotmiddot-----middot--middotmiddotmiddotmiddot---middotmiddot-middot---middot-middotmiddot-middot--shy~N~ I
o(~_ltgtE~~_J_and ~r_e PE~~tio_- G~ersJl~_g__ltf__~p-~-~-~~~j_l_iY-_________________________pG~~ll~~j_~~t ~~~~~
~~~----------~~~poQiEDMoNEYJNiiEsTMENT~CREJARYSCEiiTIFiCATION---~ The Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of 1
~-----=--~~~~~~--=--=~~~==~-=~~-~~~~==-~=~==~~~~~~~~====~-=--middot --middot-r--==~~~n~~==~= ~=~-=- 1Treasurer of the State of California --Controllero-ftheStateof Californiamiddot ------middotmiddot-middotmiddot middot-middot----------middot---- shy
~_~~=~~ SretoofCampifoffii =-==L-_ -----= I Executive Secretary of the Pooled Money Investment Board IDate I
~rfirucTIONS TO CONTROLLER J V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest ___ The General Fund will pay interest Do not invest loan proceeds in SMIF Commercial Paper will be used to repay this loan Yes V No
Reserve $__~____________ ofthe proceeds from this loan for Cost ofissuance PMIA interest and administrative costs
Rev (610)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
i~partment Name Department of Foresty and Fire Protection Project Name Growlersburg Conservation Camp ---shy
Year 2011 Est Project Completion Date
Date 4292011 Est Phase Completion Date
Loan Amount lt 1l $ 1751000
Funds Disbursed to Date $ 1 587371 Per SCO Report dated 33011
~arne of Bond Program Public Buildings Construction Fund
Priory
0
(J
rs
(1) (2)
Month and
Year
7107-4302010
Original
Projection
(3) (4)
Actual
Disbursements
Projections for
the Next 12
Months
1 632 5071)
1 May-1 0 -2 Jun-1 0 -3 Jul-1 0 -4 Aug-10 -5 Sep-1 0 -
6 Oct-10 -7 Nov-10 -8 Dec-10 middot -9 Jan-11 -
10 Feb-11 -11 Mar-11 -12 Apr-11 -
gti bull ~68911hter~~k~illlliili11famptilt0l~lt middotmiddotmiddotmiddot~
_ __430-=2017___
___NA~-- Acquisition
10302012 Prelim Plans
10302013 Work Draw
4302017 Constr lt2l
______ Equip
_______ Design-Build
(5) (6)
Phase of
Project
Cumulative (APWCE
Disbursements D-B)
1632507 p
1 632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1632507 p
1 632 507 p
1 632 507 p libullcmiddot~()qbull1 JjjfJS~~ ~middot I~Adr~~EN~I3l~~IZ middotd28tBni [D ~ G
lmrrKmiddotbullymiddot~r 1~b bull 11 v (5btJ()bi May-11
14
13
Jun-11
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11
19 Nov-11
20 Dec-11
21 Jan-12
22 Feb-12
23 Mar-12
(1 bullllnrlFrl lln Anr_j ) bullnno~n-4IHV-u
p1 750 824-p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824-p1 750 824 -p1 750 824 -p1 750 824 -p1 751 000 -
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
I
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal~
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs IPMIBUNO~LY 0 l DO laS PART I LOAN REQUESTBOND PROGRAM INFORMATION
(Completed by Requesting Department)
( rtment Total Project Appropriation 9Arnount Requested ~ 1shymiddot__ middotltartment of Education j SNQJS3Q()G66 -(J_vnDO() 1 $52800hl)0 ~z~ lt)C)O
Appropriation(s) to be Funded IStatutory Authority j Date Funds Needed Chapter 171 Statute of2007 Item 6110-301-0660(3) I Government Code Section 15830 1 6172011
I I I
Department Contact i Title I Phone Allen Young j DCMS 1 916-445-4557 Department Directors Name (please print) I Signatur~tPfA ID~~1fRichard Zeiger Chief Deputy Superintendent l k If
IGeneral Obligation Revenue (jType ofBonds ~SPWB 0 Other0 SelfLj91_Qatigg___ONpn-S~)fLiguidating -
Name ofSPWB or Other Project Academic Support Cores Bus Loop and Renovation
Name of GO Bond Act
-----middot---------------~-Project Contact (SPWB Only) ~ Phone middot
middot-middot~~ STO AdniE_Sost~---~ Other 9~middot15~_30 Appropriation to be Used D GC Section 167246
)e bb1-e WokM ----------middot(~I()-~~liD__ State Controllers Office Fund Phase of~ct (select all that apply) Est Project
D A Iamp] PP l WD D c DE D D-B Completion Date 4282014
Use of Loan Proceeds 1 Will any ofthe loan proceeds be used (Please check ifanswer is yes to any ofthe following)
D To make advances to local governments i D To fund an escrow or condemnation deposit fund IZJ To pay vendors directly I D To fmance loans to persons other than governmental entities D To reimburse local government for vendor payments I IZJ To make advances to State Architect Revolving Fund DIn a trade or business carried on by a nongovernmental person If Yes specify DGS-PMB Project No 124637 D To make advances to other state funds If yes specify
=)Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private business or from federal funds Yes D No IZJ (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No D IfYES the repayments will be used to D pay debt service or D to fund more projects middot
ADMINISTRATNE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES - lResolution Number I s T~--~--C~---Tmiddot---~ t
Administrative Entity i 1 1 1(GO ONLY) a e oan a e I i I i I--middot- shy
State Public Works Board------middot-____ - l -----=r -B-t---~-t--B- middot-F 9il42~o7___ _____
--middotmiddot--- 1 d--1--o---r-middoto---r-middot----shy1
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
lXI This application is recommended for approval subject to the following conditions ~ First$ 50(pJOOO 00 to be used to payreduce existing PMIB loan Of 000fo D Reduce amount ofloan to $ _______
Conditions (if applicable) Jd This aeelication i~ not r~commend~~ for aeeroval by the Public Fin311ce Divi_~_lmiddoto=nc__________-=----------- shySignature Director Public Finance Division j Date
I PART III RECOMMENDATION
(Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Dapproval D rejec~ion D modification -A-uproved loan amount ~ ~ Lo8p Jo be made riosooner than ( n is due 364 days (or the next preceding business day if the due date falls on a state holiday-a~s=-a-t-u-rd-=-a-y_o_r_a_S_u_n_d_ay) from
-ufe date the loan is funded middot Signature Executive Secretary Date
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I FOR STO USE ONLy
I PMIB NO I 0 I 00 5 l
Tb--agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( Jed Money Investment ~ard (the Board) lends funds as specified below -- j I 111Y27oOO Total project appropriation $163839QQOO Proposed Funding Date 6172011 Loan Amount $i1800fiOO E ~ 1OtgtO ~ At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business daymiddotifthe due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following ~tatu_es (Bo~-6~--- _ middot ___ l~h 171 Statute of2007 Item 6110-301-0660(3)shy middot=J ADMINISTRATIVE AUTHORIZATION The bond sale commercial ~er if lpoundPIicable1 and this loan have been autho~ized by_actions of administrative entities as follows
Administrative Entity I ResolutionOther I Date l
t=~te Pu_~ic ~orks Boar~=-~=~~--middot-r-~~~~~RRiova~~---------L~~~=-------middot-middot-middot-----middot--j The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the statemiddotagency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subJect to appropriation by the State Legislature
(~N RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
__IRl~l_i_~~~~ available foi_such_p~~~~
IState Agency Name middot -------1 __)~~artment of Educatio_n___ middot---- shyi Directors Signature llJpoundJmiddotState Public Works Board (if applicable)
Administrative Secretary Signature ~==~~~----~~21-tL__1
POOLED MONEY INVESTMENT BOARD EXECUTIVE SE-fl--f1
The Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of 1 and the vote was as follows
MEMBER ----+~middot-middotA_YE J N_0_1 Treasurer of the State of California ~
Controller ofthe State of California DirectorofFinanceoftheStm~-o~f~C~a~l~ipound~orn-~ia------------------middot--------------------~-------------------~--------middot
~--~--~--~777-------------------------------------------------~-----------------L-------I Conditions (if applicable)
Executive Secretary of the Pooled Money Investment Board Date
INSTRUCTIONS TO CONTROLLER0 V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest ~ ) The General Fund will pay interest Do not invest loan proceeds in SMIF
ccfmmercial Paper will be used to repay this loan Yes No
Reserve$_______________________ of the proceeds from this loan for Cost oflssuance PMIA interest and administrative costs
l
______
______
Rev (610)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(apartment Name Department of Education Project Name Academic Support Cores -~
middot Yea~ 2011-12 Est Project Completion Date 4282014
Date 472011 Est Phase Completion Date ___n~a____Acquisition
Loan Amount (1gt $ 529000___----=~~_
Funds Disbursed to Date _$___504l54_6_ Per SCO Report dated 33011
~ame of Bond Program Public Buildings Construction Fund
(1) (2)
Month and Original
Year Projection
Prior yrs
1
2
3
4
5
60 7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22 ~ 23
U 24
(3)
Actual
Disbursements
(4)
Projections for
the Next 12
Months
__5132_01_1___ Prei i m PI a ns
__4122_012=--- Work Draw 2282014
-~=___
(5)
Cumulative
Disbursements
Constr (2l
Equip
Design-Build
(6)
Phase of
Project
(APWCE
D-B)
(1) Rounded up to nearest thousand
47202054
232950
~~r~~~~~~i~~11
299f8gt4~g~middotmiddot~~-~~ ~ bullbullbull I ~~~~H~ bull J
ltfAmiddotIf~t17~1middot~middotamiddot no bullbull lmiddot pound~ 1 1 1it bullbull bull bull
middoty-ltbullbull11~~~)~~~-~~f~~f~middott- ~50(~00
472021 D
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 p
474350 p ~tgtpound~~a~1~~c 1) bull t~ ( ~
lt-Cimiddot~c~- 504middot309 IFIitiNr~ ~v~middot bullfg(7ff ft(bull-- 528middot 9373~~~i~~t~ ~-middot~ ~ ~0i~t~~nr1~
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
529000 p
12008-5201 0
Jun-10
Jul-1 0
Aug-10
Sep-10
Oct-10
Nov-10
Dec-10
Jan-11
Feb-11
Mar-11
Apr-11
May-11
JH_ter~$t~f~~n~~~-~i~~~ g8ffil81f~~j~~i
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
Apr-12
May-12
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal [8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs PMI~~~~LYr o( oos l
PART I LOAN REQUESTBOND PROGRAM INFORMATION Com leted b Re uestin De artment
middot ~~~mhn~e~n~t------------------------~~==irr~r~~==u~~-~==l~IFTT~om~lfP~r~~~middotedct~A~pprop~ri~a~tio~n~--fjAk~n~ou~nt~RR~~ues~ro~-----i~ _ i ~05300000 Go nr lTi~ntal ___________ Health ~~~~I D1 Qlt)------------middot-middot--1 $6589066-00-middot--middot--------middot-----middot-middot---middot-L____ ___________________________________________ -- shy
Appropriation(s) to be Funded Statutory Authority I Date Funds Needed Chapter 1712007 Item No 4440-301-0660(2) Government Code Sec 15830 et seq ~26~611 tmiddot7-
middot-middot----------middot--middot------------middot--middot-middot------------ ----middot-middot--middot--middot--------------- --------shyDepartment Contact Title j Phone David Harner middot Chief Hospital OpeationsFiscal Supp I (916) 654-3600 middotn~~~~~~s-~~~~~~t)middot-----middot------ --______rsiinatre-------------~----~ -middot~---middotr~=~~-----middot-middot---shy
i General ObligationT 0 fB dype on s D Self Li uidatin D Other N~~-roo i3-0~ltLA-t----middot-q_ltgt-=---~~-middot=-middot-middot==-middotO~-==--middot--middot---middotmiddot--ll-middot-a-nmiddot-e--o-f-sPWB_0middotzoihd_Pro]eCimiddot------middot--middot-middot-middot-middotmiddot-middot-middot-middot-middot-------- ---
tascadero State Hospital 258 Bed Hospital Remediation API-jricrti~-~i~-b~-u~~-- o___ltic~ti~~-i-67246middotmiddot--middot______ middotoject-cmiddoti-aCt(srwmiddoti3-o~l)r)______r-yJ10ilemiddot---middot--_ ____
~~i2~fo~~Ife~~s~f-fi~=c-middoteFD=ubullndo~hccer=~~=--- uDmiddotmiddotmiddotamiddot-$middotmiddot~~~~-~~-
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments -~ D To fund an escrow or condenmation deposit fund 0 To pay vendors directly i 0 To finance loans to persons other than governmental entities 0 To reimburse local government for vendor payments [8] To make advances to State Architect Revolving FundJ
0 In a trade or business carried on by a nongovernmental person i If Yes specify DGS-PvfB Project No 124473 0 To make advances to other state funds If yes specify
I Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private ~J business or from federal funds Yes D No [8J (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No O If YES the repayments will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
obullbullobullbullbull-bull-bullbullbullbullbullbull~bullbullbull--bullbull-_________________HH----__--f-MH-bull0bull----middot-middot--bull-bullbullbullbullbullbull-1-----MMI--MO-
Administrative Entity Resol~~ioo~L~umber I Sale i Loan I middot CP i Date -___--middot-middotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot----middot-middot--middotmiddotmiddot--middotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot----middot-middot-middot-middotmiddotmiddot-middotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot--- middotmiddot-middot----middotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddot-middot-middot-middot-_-middotmiddotmiddot-middotmiddotmiddot---middot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot---__L---middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middot State Public Works Board i 0 I [8] 0 7132007- ___ ______________- 1_ 0
u- - ____+- ~~--I0 I
PART II RECOMMENDATION AND CONDITIONSshy(Completed by Public Finance Division of the State Treasurers Office)
~ This application is recommended for approval subject to the following conditions 0 First $ tlt bj used to payreduce existing PMIB loan __middot___ Kl Reduce amount ofloan to$ (DJ as JQaOO
Conditions (if applicable) middot
-~iniz~~~51~~E~u~ii~~~~~~~~~yent~d_f~r~EPr~~-~~L~~~~EJi~~il~~~-2i~i~ilt~--middot----___________________loaie--middot---_________
I
_
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval D rejection 0 modification middotj-middot~proved loan amount i _ Loan to be made no sooner than
an is due 364 days (or the next preceding business day if the due date falls on a state holiday_a_S_a-tu_r_d_a_y_o_r_a_S_u_n_d_a_y) from the date the loan is funded
Signarme E~etive Secretacy-----middot---middot-middot--middot-middot-middot------middot--------------------------middot--middotDate----------middot----------middot---shy
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
s agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( 1
bull ooled Money Investment Board (the Board) lends funds as specified below ~ ~ Total project appropriation $659800000 ~ Proposed Funding Date 51262611 G I J Loan Amount ~9S300()()0 -o-12-S bO
At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the Joan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Mpney Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale ofbonds (Bonds) authorized by the following statutes (Bond Act) rmiddotmiddotchapt-i7iifoo7~it~~-N~~444o3oio66o(i)- - -middot-middot-middotmiddot- middot-middot-middotmiddot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddot-middotmiddotmiddotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddot--_---middotmiddotmiddot-middot-middotmiddot-middotmiddot----middotmiddot--middot-l bull--bull-bull-Hbull---middot--middot-middot----bullbullbullbull--bullbullbull-bull-________________m_______________________________________l
ADMINISTRATIVE AUTHORIZATION _~_P-~f~l~-~-ltial_p_lPtJLlP~ipound1tltd tl~Jll_l~~-~~~ll~-~-I~~~EiY_~iQ~~-lfl~ilJ~rl~~-i~~flJ2)VS middot-------middot- Administrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act pennits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation by the State Legislature
OAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~EPE9Pi~i9P~Y~i~~~f9E_S~~hP~-9~~__________________
L~~~~~~~rM~n~ ~l~-middot-middot--__------middot------_ ___________________ ---middotmiddotmiddot J
~~-~~~~-----~~~~ L~~~~~-imiddot~middot~middot~middot~middoti~~~_S~~~~~-r ____d____-_________- __l~~gtltltlJI POOLED MONEY INVESTMENT BOARD EXECUTIVE SECRETARYS CERTIFICATION i 1IThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of __ and the vote was ___ as follows __- - __ r---middot-middot- __ ____ ______ ____ ___ ___j
~~~~~-~-plusmn=~- Director of Finance of the State of California
middot----middotmiddot-middotmiddotmiddot--middot~middot---------middotmiddotmiddot--middotmiddot-middot----middot-middot---middotmiddotmiddot-middot---middot-middotmiddot-----middot--middot-----------middot-middot-middotmiddot---middot-middot---middot--------middot-middot-----middot--middot---middot---middot--middot--middotmiddot--middot-middot----middot-middot--1-~--~middot~middotmiddot--middot-middotmiddotmiddot-~~ Conditions (if applicable)
middot-E~c~tivmiddots~~~tarymiddotrmiddotilieP~~~~dMo~-~YI~~t1 Boad-middot-middot--------middot-middot-middot-middot-------middot---- ________________ __TD~t~-middot-middot------middot-middot1 i ~-----middotmiddot---middot-middot--_________- ---middot--middot-----middot----middot----------middot-middot--middot-middot----------middot-------__________J____________l
INSTRUCTIONS TO CONTROLLER I i ~ 1 ~-~ Proceeds from this loan should be invested in the Surplus MoneYinvestirtent Fund SMIF earnings and bond proceeds will pay interest
) The General Fund will pay interest Do not invest loan proceeds in SMIF lCommercial Paper will be used to repay this loan Y~s middot - V No
Reserve $ _______________ of the proceeds from this loan for Cost of Issuance PMIA interest and administrative costs
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(epartment Name Department of Mental Health Project Name Atascadero 250-Bed Remediation ---_
- Year 2011 Est Project Completion Date 10302010
Date 412011 Est Phase Completion Date Acquisition
Loan Amount lt1l $ 6125000 Prelim Plans
Work Draw Funds Disbursed to Date $ 6038196 Per SCO Report dated 52411 1112009 Constr lt2l
~ame of Bond Program Public Buildings Construction Fund Equip
Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year Projection Disbursements Months Disbursements D-B)
0
Prior yrs 571970200 5719702
1 May-10 1302600 5732728 c 2 Jun-10 1336000 2142000 5754148 c 3 Jul-10 1336000 1882900 5772977 c 4 Aug-10 1336000 5772977 c 5 Sep-10 1336000 183700 5774814 c 6 Oct-10 334000 601200 5780826 c 7 Nov-10 384100 5784667 c 8 Dec-10 133600 5786003 c 9 Jan-11 5786003 c
10 Feb-11 5786003 c 11 Mar-11 5786003 c 12 Apr-11 6925800 5855261 C
~~~~~]~mlftltttt~bull~~~~~~~~~~~~~=~~~~~~~l~riir~ 13 May-11 500000 6110238 C
C14 Jun-11 500000 6115238
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11f-------1
191--_ _N__o_v_-11j
20 Dec-111---____--1 21 Jan-12
1--------1
~ 22 Feb-12 (___j 23 Mar-12
1---______~
(~~ nrlrl Anr_-_1 ) housand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application bull
(3) Projected Admin includes estimated fees from STO SCO and DOF
500000
500000
6120238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125000
c c c c c c c c c c
State of California- State Treasurers Office LOAN REQUEST New Loan fZ1 Renewal 0
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs II ~o~~LNO~LY ( 0 OOltoC
~ PART L LOAN REQUESTBOND PROGRAM INFORMATION f~ (Completed by Requesting Department) bull artment I Total Project Appropriation Amount Requested -corrections and Rehabilitation middot i $30000000000 I $682600000 middot----middot~---------middot--middotmiddot--middot-middot------middot----middot--middot----------------------middot------------middot--lmiddot------middotmiddot----middot-----middot-middot-middot-middot-l---middot-middot--middot-middot-----middot------- shyAppropriation(s) to be Funded ~71B -~ Statutory Authority I Date Funds Needed SB 81 Ch 17507 (as amended 8rpoundG 1828 Ch 729Mf) i Welfare and Institutions Code Chapter I 6182011 5225-801-0660 6101753 M3 l 15 Article 3 Sectio~970 1~11 I
_-Q~-~-X~~~fl9ffeE~~ Reh__Qilit~_i~~EiiEJ~~hasc I_ middot ~t1fgtDepartment Contact Titl~---middotmiddot--middot---middotmiddot------middot---middot----middot-middot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middot----middotmiddotmiddot-middotrmiddotPho~middot~~--------
i~~~~ffi(~O~~~~~-~-T fB d J General Obligation ReVeiiue
-N~~~~orb~middotmiddot~dAsp-elfAg~icI~~rg____0_~_21~-eJf-Jgi9_ainK--middotmiddot middotmiddot-~~~~~s-PPs~~~~tilmiddot~middotmiddotmiddotr~o-t~middotmiddot----131Bmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddot--middot--middotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddot-middot--middot-stanislaus County Juvenile ~ommitment Center
Appropriation to be Used D G C Section 167246 Project Contact (SPWB Only) I Phone middot~middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot
for STO Admin Costs D Other__ Darlene Maston I 916-255-2237 state con tr~ji~~middot~middot-middotorfi~middot~middotmiddotp~~imiddottc-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-shy middot-middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddot middotmiddotmiddothasemiddotmiddotrjgtmiddotJ-~middotimiddotmiddotcseTeZimiddotmiddotaIcmiddotmiddotitmiddotmiddotmiddot~iJmiddotiJiy)~middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotpoundsimiddotj~~middotCiTe~i-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot
0 A 0 PP 0 WD fZI C 0 E 0 D-B Completion Date 2152013
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments I 0 To fund an escrow or condenmation deposit fund 0 To pay vendors directly 0 To finance loans to persons other than governmental entities fZI To reimburse local government for vendor payments 0 To make advances to State Architect Revolving Fund D In a trade or business carried on by a nongovernmental person 1 If Yes specify DGS-PMB Project No (J0 To make advances to other state funds If yes specify
--A Will any part of the debt service on the bonds tl1at secure this loan be either secured by or paid from property used in a private business or from federal funds Yes 0 No fZI (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No O IfYES the repayments will be used to 0 pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
-----~i~-- fRol~I~~~~-----G~--~~~=~~=====Famp~=t=l==gF~
(
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
0 This application is reconnnended for approval subject to the following conditions D First$ to be used to payreduce existing PMIB loan _____ D Reduce amount of loan to $ _______
Conditions (ifltpplicable)
_O Ii~__ppJLc~ti~~i~ ~~~Ee~lt1~~9~~fo~E~~JQt~l1l~J~g_fi1~~1g_~RiY~~9~-middotmiddot-middotmiddot--middotmiddotmiddot-middotmiddotmiddot--middot-middot-middotmiddotmiddotmiddotmiddot-middot----~---middot-middot-------middotmiddotmiddot--middotmiddot-middot-----middotmiddotmiddotmiddot-middot---middot-middot-middot-middotmiddot--middotmiddotmiddotmiddotmiddot-signature Director Public Finance Division j Date
l 1 i
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
-middot~is request is recommended for Oapproval 0 rejection 0 modification ____pproved loan amount Loan to be made no sooner than _________ Loan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded
middot-s-gra~re~middot-Ex~-c-u-iT~e-semiddot~~eiarY----middot-middot-----middot-----middot--middot-middot----middotmiddot-middotmiddot-middot---------middot--middot----middot-middot----middot-middotmiddot-middotmiddot-middot------middot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddotmiddot------middot-middotmiddoto-aimiddot--middotmiddot-middotmiddotmiddot-middotmiddotmiddot-------middotmiddotmiddot-middotmiddot--middot-----middot----middotmiddotmiddotmiddot--middot-middot-middotmiddot
____
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
lo 006b _I
----middot-middot-middot-middot-~--middot1
r agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and 1----__ Pooled Money Investment Board (the Board) lends funds as specified below
Total project appropriation $30000000000 Proposed Funding Date 6182011
Loan Amount $682600000 At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state hoi iday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following
s~~~~r~~~ntl_~_~o --middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddot-middot---middot-middotmiddotmiddotmiddotmiddot-middot-middot-middot---middotmiddot-middot-middot-middotmiddotmiddotmiddot~~a~--middot--middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middot---middot-middot-middotmiddot-----middotmiddot-middotmiddot-middotmiddot---middot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot---middot--middot---middotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddot- middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot---middot~ i SB 81 Ch 17507 (as amended 8yen AIHI~middoth-7i91W) 5225-801-06606101753
1_1~pound~~-X~Il~~~IQ~I~~-~E_~p~_~y~_l~lti~i~~-~--~-tJgt~----middotmiddotmiddotmiddotmiddot-middot--middotmiddotmiddot-middot--middotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddot----middotmiddotmiddot-middotmiddotmiddot-middotmiddot--middot---middotmiddotmiddotmiddot--middotmiddot-middotmiddot-middot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot ----middot---jADMINISTRATIVE AUTHORIZATION
_ll_~_ltgt~--~-~C~-()_mm_~~pound~P~P~1bullfPP_lllI21E~2ll~~C-~Ctl_~lhQ~e~~Y~~iltgtSltgtf~iiSt~~Y~i_~ie~l~ol_lgt~~~_ _____________________ Adnrinistrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial
Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest fimiddotom the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan lfthe loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan middot
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds ofBonds or the proceeds of a new loan Payment from any other source is subject to appropriation
(~the State Legislatu_re
~lAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~PPI~CgtP~aisgt~~iJ~)_~_[ltE ~~hP~TP_~~~_---middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middot----middot-------middotmiddotmiddotmiddotmiddotmiddot-------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middot----middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddot middotmiddotmiddot--middotmiddot---middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddot---middot--middotmiddot---------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot i State Agency Name
jJ~P~r_lfl _lt_~E~~poundi~l~~l~_~~~~iol-----middot--middotmiddot--middotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddot--middot-- middotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddot--middot----- middotmiddotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddot----middot-middotmiddot--middot---middotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddot-middot--- middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot----middotmiddotmiddot--middotmiddotmiddot-- _
--T~=I ~~~~~~-i-~~=~~-~=---~-=cr~~__~~~~~~-~-=--middot~~-~--- middot-middotmiddotmiddotmiddot-middot-middoti -~-iAL 1 POOLED MONEY INVESTMENT BO i
iThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of
and the vote was as follows i
i_~_~-middot~-~~-~~~~-~=~~~~~ ____middotmiddot_=----~-~~-=~-~~middotmiddot~~~~sect-~~middot==-=~~-~middot~~~~middot~~=middotmiddot~middotmiddotmiddotmiddot~~=--~-==middot~~~-~-~~I~middot~middot~-middot~~~~Y~~~~middotmiddot~~-~~~~[middot~-~~~B~~~~=Ji Treasurer of the State of California I 1 l~MoHOoHHOHoH-gtHoooobull-bullbull-bullbullbullbullbull---middot-middot--bullbullbull-bullbull---middot-middotbull-MoOHHgtMHObullobulloo-bullbull-bullbull-bull-bullbull---bullbull--H--0-----middot-middotbull--middotmiddot-bullbullbullbullbullH~__-bullbullbullbull-bullbull+bullbull-HOoooOHooHooHoHooOHMo-oMo-oOOoO-Moooooo Moool
Controller of the State of California j j ji _MOOMOMOOMMO MOMM-__MMMMMOOMO---middot--middot--------middot--middotmiddot middotmiddotmiddot-middotmiddotmiddot-middotbullbullMMMOOMMO-MOOMMM _00-00Mbull-o0M_00000MOM-MMMMooMOMMOM-0000_0_00M--00000MMoM0-00-M000000000-0M000000-MOM-OOOM00000000-M0M00MM00000000MM00MOOOOMMiOMOM0_0_000000MOM-00000000-0MMO_M_ __ J- _ ___________________i______ Director of Finance of the State of California i ~-C-o~middot(jjtf)middot~~--(jf~ppif~~b-i~middot)~-----middotmiddot-middot--------middot-----middot--------------middot-------middotmiddotmiddotmiddot---middot-middot-----middotmiddotmiddot---middot---middot-------middot----middot--middotmiddot--middot--Lmiddotmiddot-middot-----middot--middot-middot---middotmiddotmiddot----middotmiddot-------L-----middot------middot-middot--------middot-i
I i jl-----middot-------middot-----middot-----middot----------middot--middot--middot------middot-----middot---------middot------------middot--middot------_____________________________________________-------------middot---middot-middot-middot-middot-middot--middot--middot--middot----middot-----middot----middot-middot_________________________s-_middot-----middot-middot--middot------middot---middot-li Executive Secretary of the Pooled Money Investment Board Date I I i i
i ~- l i
L---------middot----middot---middot---------middot-------------middot-----middot---middot--middot-----------middot--------middot-middot---------------------middot-middot---------middot---- ------middot--middot------middot-middot-middot---middot-middotmiddotmiddot---middot---middot-middot-------middot------middot-----middot-middot--middot----t--middot---middot---------middot------middot-middot-jmiddot-ISTRUCTIONS TO CONTROLLER
( J middotv Proceeds from this loan should be invested in the Surplus Money Investment Fund SMJF earnings and bond proceeds will pay interest ~ The General Fund will pay interest Do not invest loan proceeds in SMIF
Commercial Paper will be used to repay this loan Yes V No
Reserve $_______________ of the proceeds from this loan for Cost of Issuance PM IA interest and administrative costs
_~~~~~~0----
Rev (61 0)
MIA Loan Request for Revenue Bond Programs l Ol OObG
ashflow Statement
(~partment Name Corrections and Rehabilitation Project Name Stanislaus County Juvenile Commitment Center
~ Year 20112012 Est Project Completion Date 2152013
Date 5132011 Est Phase Completion Date NA Acquisition
6~826000 5132011
6212011 Work Draw
Loan Amount (1l __$ _____- Prelim Plans
Funds Disbursed to Date $ - Per SCO Report dated 0000 2152013 Constr (Zl
___---~---
Jame of Bond Program Lease Revenue-Stanislaus County Juvenile Commitment Ctr ___NA_____ Equip
_N_A_____ Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and the Next 12 Cumulative (APWCE
Year 0 n Actual Disbursements Months Disbursements D-B)
Prior yrsmiddot
1
2
3
4
0 5
6
7
8
9
10
11
12
16 11
17 Oct-11
18 Nov-11
19 Dec-11
20 Jan-12
21 Feb-12
22
(J 23
24
14
15
545 00000 552 500
818 00000 1 370 500 c 1 091 00000
1 091 00000
c
1 091 00000
1091 00000
c
1 091 00000
7 500
7 500
c
c
c
c
(1) Rounded up to nearest thousand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
0
_~~To_ ~- ~ 1shyl ~ 1gt1 0
0 OEPARTMENT OF EOMUNO G BROWN JRbullbull GOVERNOR
~-FDotF I N A N C E ----S-TA-TE-C~A-P-ITC-1-bull~R-o-o-M-~~45~~S-AC_RA_M_EN_T_o-C-A-bull-9-5~B~1--4-4~9-i=-B-8~www~~o-c~~CA-llc~v CFFICE CIF THE DIRECTCIR
May 12 2011
Mr Bill Dowell Administrator Pooled Money Investment Board 915 Capitol Mall Room 106 Sacramento CA 95814
Dear Mr Dowell
AB 55 Loan Application for County of Stanislaus Juvenile Commitment Center Project
The following detennination is respectfully submitted pursuant to the Pooled Money Investment Board Pooled Money Investment Account Loan Policy adopted October 20 2010
This loan request is for the states share of costs for the County of Stanislaus Juvenile Commitment Center Project one of many youthful offender rehabilitative facility projects included in the SB 81 Youthful Offender Rehabilitative Facilities Construction Financing Program middotIn this program the county rather than a state agency manages the construction contract and process Furthermore the county is responsible for a portion of the project costs including any project cost overruns Thus at this stage of the project it is fiscally prudent to fund the construction costsmiddot using an interim loan rather than to issue bonds until final costs are known and we are confident the county will have fully funded its share
Based on the factors noted above the Director of Finance has determined the project is not appropriate for upfront bond funding and therefore interim financing is necessary to fund the -construction phase of the project If you have any questions or need additional information regarding this matter please call Chris Lief Principal Program Budget Analyst at (916) 445-9694
ANAJMATOSANTOS Director By
1~ (-gt2--shyMICHAEL COHEN Chief Deputy Director
icc FINN ROGERS LIEF BENSON CF (3) SUSPENSE FILE 0
-------
-------_______
-------
2
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
03partment Name Department of Forestry and Fire Protection Project Name Siskiyou UH Replace Facility
---- Year 2011 Est Project Completion Date
Date 4292011 Est Phase Completion Date
Loan Amount lt1gt $ 144000---------- shyFunds Disbursed to
Date _$____108055_Per SCO Report dated 33011
~arne of Bond Program Public Buildings Construction Fund
( 1) (2)
Month and Original
Year Projection
Prior yrs
-1
2
3
4
6
7
8
9
0 5
15
16
17
18
19
20
21
Feb-12(J22 23 Mar-12
(3) (4)
Actual
Disbursements
Projections for
the Next 12
Months
812016
NA
6302013
____________1112014
812016
(5)
Cumulative
Disbursements
Acquisition
Prelim Plans
Work Draw
Constr lt gt
Equip
Design-Build
(6)
Phase of
Project
(APWCE
D-B)
7108-43011
10
Jun-10
Jul-1 0
Nov-10
Dec-10
Jan-11
10 Feb-11
11
14 Jun-11
Jul-11
11
11
Oct-11
Nov-11
Dec-11
Jan-12
111 30029 111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300 p
111 300
111 300
143 391
143 391 p
143 391 p
143 391 p
143 391 p
p
143 p
143 391 p
143 391 p
143 391 p
144 000 p
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with Joan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewali8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs ~~r~u~OLY 1oIoOlo3
PART I LOAN REQUESTBOND PROGRAM INFORMATION
~----------------------~====~~~==~~==7~~--~~--~--~--~~--~t _)rtment Forestry and Fire Protection Appropriation(s) to be Funded Ch 26808 Item 3540-301-0660 (3)
Ius interest and admin ------middotmiddot+-MDepartment Contact I Title Linda Webb J Chief Accounting Ad inistator
middotmiddotnepartment nireciltirs-Name-(jj-iea5-epri-ii)-middotmiddot---middot--middot---middot---middot--middotmiddot-middot-middotmiddotmiddot-middotmiddot----middot-r-middot------n-imiddotemiddot---middot---- ------middotmiddotmiddot-------middot-middotmiddot+
Janet Barentson
2ype o~~~~-~~~_j__o~~~~ DtJ~~~lflJ_q~~~~g________ ~1i~___o_othe_middotmiddot-----middot---middot--middot------middot---middotmiddot-----middotmiddot-middot---middot-middot- shyName of GO Bond Act Name ofSPWB or Other Project
Vina Helitack Base Replace Facility
~i~~~F--~~6middot~=~~---------middot-middotmiddot-middot--middotmiddotmiddotmiddot--middot-middot---middotmiddotmiddot-middot-middot-middot-middot-middotmiddot-middotmiddotmiddot----middotmiddotmiddotmiddotmiddot-o_Q~E_~r 9lt~ CoA_~ ~-~c__ 11~middot-middot--middotmiddotmiddotmiddot-middotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddot-middot __g~=f~~2-~~~LQ_Etla__~p~~Y~_t______middot---middotmiddotmiddot-middot-middotmiddotmiddot-middotmiddot--middotmiddotmiddotmiddot--middot-middot-middotmiddotmiddot-middot--middotmiddotmiddot-middot-middotmiddotmiddot---middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot State Controllers Office Fund Phase of Project (select all that apply) Est Project Completion
D A 18] PP D WD DC DE Date 112016
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments I D To fund an escrow or condemnation deposit fund
181 To pay vendors directly I D To finance loans to persons other than governmental entities 0 To reimburse local government for vendor payments I 181 To make advances to State Architect Revolving Fund 0 In a trade or business carried on by a nongovernmental person 1 If Yes specify DGS-PMB Project No 124824
~0 To make advances to other state funds Ifyes specify (J Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private
business or from federal funds Yes D No 181 (For Revenue Bonds only) 3 For departments using these funds to make grants or loans Are repayments expected Yes D No D IfYES the repayments
will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
~~-b~~~I i D I D D Ii
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
I8J This application is recommended for approval subject to the following conditions ~ First$ Lj4 QO() 6~ to be used to payreduce existing PMIB loan 0 DOOY 0 Reduce amount of loan to $ ------ shy
Conditions (if applicable)
11 T~s~PPicati0]-_~~_9t recomme~~~ for ap_p_Qvaljgtx_~l_l~fublic fina~~_Qi_yl_sl_~---middot-----middot-----middot--middot--middot--middot-middotmiddot-middot--middot-----middot-middot------Signature Director Public Finance Division I Date
PART III RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
~This request is recommended for Oapproval D rejection D modification ( )proved loan amount Loan to be made no sooner than _________ -4oan is due 364 days (or the next preceding business day ifthe due date falls on a state holiday a Saturday or a Sunday) from
the date the loa~J is funded -------middot---------middot---middot----------------middotDate--middot--------middot---- shySignature Executive Secretary
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs GoRsTo usE oNLY
IPMIB No loIooto3 agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and -~)ooled Money Investment Board (the Board) lends funds as specified below
Total project appropria~ion $1306200000 Proposed Funding Date 6172011 Loan Amount-$5000666r 1JQgt ODD 6b S T At the discretion of the Board and upon n6tice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special ---(ted obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation
( he State Legislature ~
LOAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
c_bullc croia91_~va~1~~1~ for suchE~lt-~-~____middot--middot------middot----------middot-middot---middot-middot-----middot----middot--middot-middot--middot----middot-----------middot----middot--middot--middot----------middot--middot-middot----------~ ate Agency Name i e art~_~_t of F~~EL~nd_~ire ~ro__~~~E-=Yl~~ H~ita_~~~~e=J~plac~_~~ili~Y--_middot-middot-middot----middot--~Q~~M~~~jpound~~~ 124sect~~-1 rectors Signature I ate 1 -n=~~middot~---~- ii~1-l rpooiED-MoNEviNvEsTMENTB-OAM~n~-iARvmiddots-middotcERTiFicAnoN--middot--middot-middot--middot---middot-middot f-Lf_Jt__1I V~CRE l
lj The Pooled Money Investment Board approved this Joan pursuant to Government Code Section 16312 in the amount of i =========== and the vote was as follows I
r~~~~~=~==--=-~~ i Controller ofthe State of California i i Director ofFinance of the State ofCalifm~ia middot-------middot-middot----middot-- -----middot-------middot---~----------1 --------middot - -------------middot-----middot---- ----------middot---- -----middot--------------middot---i
Conditions (if applicable) middot I -Executive Secretary of the Pocilect MoneyInvest~tBoardmiddot--------middot-------middot-middot------middot-----------middot----r-Date----middot-middot-~ i I
(~~)TJ3UCTIONS TO CONTROLLER -1
i __ Proceeds from this Joan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest
-=---The General Fund will pay interest Do not invest Joan proceedsect-in SMIF Commercial Paper will be used to repay this Joan Yes No
Reserve$_______________ of the proceeds from this loan for Cost oflssuance PMIA interest and administrative costs
-------
-------
7108-43010 22 55600
M
2~-~~~~------+---------~ 3~-____~~~----------+----------- 4~-_~~~------+--------
Nov-10
Dec-1 0
Jan-11
Feb-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
51 000 p
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
Rev (610)
MIA Loan Request for Revenue Bond Programs 1oleO~s ashflow Statement
(partment Name Department of Forestry and Fire Protection Project Name Vina Helitack Base Replace Facility ---_
Year 2011 Est Project Completion Date _ ___11__2__01--6__
Date 4282011 Est Phase Completion Date NA Acquisition
Loan Amount (1l $ 51000 612013 Prelim Plans __________ _ _____=___612014__Work DrawFunds Disbursed to
Date _$--___4_17_3_2_Per SCO Report dated 33011 112016 Constr(2l
~ame of Bond Program Public Buildings Construction Fund -------Equip
-------Design-Build ( 1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year P ction Disbursements Months Disbursements D-B)
Prior yrs
1
0 5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
0
22
p p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p p
State of California- State Treasurers Office LOAN REQUEST New Loan 0 Renewall8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs PMIBUN01Y I0 I 00fo4 PART I LOAN REQUESTBOND PROGRAM INFORMATION
~ (Completed by Requesting Department) artment Total Project Appropriation Amount Requested fl)fI
~ 6-estry and Fire Protection $4553400000 bull ~0t11~1 (Ji) v v Appropriation(s) to be Funded -- 7-llj StatutoryAumiddot--th-o-ri--ty-----------L--=-bull-=Da_te-F-u-n-=-ds--N~eed-edCh17107 Item 3540-301-0660 (8) 1 Gov Code Sec15830 et seq l 6172011
plus interest and admin I IDepartment Contact -----------middot--middot------middot---+1-=Title---------middot--------+middot-pmiddot-h-o-n-e_______
Linda Webb middot IChief Accounting AA_ministator L(916) 653-8047
~=~~~~~~~rsName(i)ieaieprint) middot--------middot-middot---middot------~~_plusmni Q--- tf5J IJJ
Revenue [gj SPWB D Other--=-----middotmiddot--middot--middot--------middot-----middot---- shyName of SPWB or Other Project Growlersburg CC Replace Facility
-M-middot-~-~-M ---middotmiddotmiddot----middot-------middot---middot-middot--middot-middot---middot-middot Project COntact (SPWB-Only) ------middot-middot-middot-T-PhODe--middot----middotmiddot--middot-shy
~~~~~~~i~o~~~____B__ g~~~r~Q~~~-~~~~~J~1-- -~~t~~~~~~l-~~~Y~J~~-~~~~~~-~-~-~~---middot----middot-middot- State Controllers Office Fund Phase ofProject (select all that apply) Est Project Completion
0 A 18] PP D WD 0 C 0 E Date 4302017
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) D To make advances to local governments J 0 To fund an escrow or condernnationdeposit fund 18] To pay vendors directly I 0 To fmance loans to persons other than governmental entities 0 To reimburse local government for vendor payments 18] To make advances to State Architect Revolving Fund 0 In a trade or business carried on oy a nongovernmental person i IfYes specify DGS-PMB Project No 124628 0 To make advances to other state funds If yes specify
( Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private ~)business or from federal funds Yes 0 No 18] (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No 0 If YES the repayments will be used to D pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
---middot---middot-----middot----- ~dmi~is~~ive-i~i~--middot- middot-----middot---middot---middot---middotrResol~~oi~~~ber --~~~-~-middot Loan cp Date
-middot-----middot-----middot--middot-----middot-middot--middot-----middot-middot---middot---------middot--middot---______--l___________+-middot-middotr=middotmiddot-middot--t--middot--~middot--middot----middot--r=-middot--middot-middot+-middot-----middot----middot--middot---middot-11
~~~-~li~_F2Eks ~Q~~-- --middot-middot--middotmiddot--______middot--middot----middot------i---- -- [ J middot rgj LJ middot--~pound~~QQ-
--middot-middot-----middot--middot _ ________middot-middot--middot-middot-+---middot--middot--middot-- --lr--blo -middot-middot-61___ ----middot0 shy--- _middot---middot--middot--middot--middot-middot----middot----middot------ --- ____ __ middotmiddot--middot--------- ____ D I 0
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
181 This application is recommended for approval subject to the following conditions ~ First$ 15lti10QQ 0deg to be used to payreduce existing PMIB loan l C fXgtO 5 D Reduce amount of loan to $ _______
Conditions (if applicable)
JJ3~~~is tJot recotru~_tJ_~ed for -EP9Y~~~he P~bli~X~~_Ece Divis_9g__________~-middot---middot-------middotmiddot---Signature Director Public Finance Division Date
I PARTIII RECOMMENDATION
(Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval 0 rejection 0 modification middot Loan to be made no sooner than _________
~oan is due 364 days (or the next preceding business day if the due date falls on a ~tate holiday a Saturday or a Sunday) from the date the loan is funded--------middot---------------- shy ---------------------------middot shySignature Executive Secretary Date
( shy ---)Proved loan amount
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I~~I~u~crLYf o1oo~y (agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ~1ooled Money Investment Board (the B~ard) lends funds as specified below
Total project appropriation $4553400000 C( Proposed Funding Date 6172011 Loan Amount $175666600-- 1l 11 S ODD C5b At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds ofthe loan are to be used only for the purposes authorized for use of the proceeds of the sale ofbonds (Bonds) authorized by the following
ADMINISTRATIVE AUTHORIZATION rThe ~o~d sale _ltom~ercia_Paper if aPQiicable a~d this IO~f_lVe been authorizlaquo_c_~Y~~tilaquoJns of a~_nistrativ_laquo__ctitie~as foll_Q_ws ---middotmiddot--- 1 Admllllstrat1ve Entr_l ResolutwnOther 1 Date i
r~st~~~~blipound~~~~~3o~i~----middotmiddot~=~~===~_l_======~~=~=~=-==-===~==r-_2~(~Qii==~~=---==-=~====~-~l t=~==~~~=~=~=~~~~====~=~~==~==~=~=~~~----middotmiddot-middotmiddotmiddotmiddotmiddotmiddot -middotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot---middot-middotmiddotmiddot--middot--middotmiddotmiddot-middot--middot-middotmiddotmiddotmiddotmiddotmiddot---middot-middotmiddot-middotmiddot-----middot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot---middot middotmiddotmiddotmiddot---middotmiddot-middotmiddot-==~~~~~===~=~~~~~==~====~~~j
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special ---ited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation
( e State Legislature ______
LOAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
ro ri~i~~~~ailabl~f~_su~hJ21pound~~~middot=-middotmiddotmiddotmiddot-middotmiddot--middot-middot-middot-middot-middotmiddot----middot--middot--middot-middot-----middot--middot---middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-------middot--middot-----middot---middot--middot-middot-middot--middotmiddotmiddotmiddot-middotmiddot-----middot--middotmiddotmiddotmiddot---middotmiddot-middot---middot-middotmiddot-middot--shy~N~ I
o(~_ltgtE~~_J_and ~r_e PE~~tio_- G~ersJl~_g__ltf__~p-~-~-~~~j_l_iY-_________________________pG~~ll~~j_~~t ~~~~~
~~~----------~~~poQiEDMoNEYJNiiEsTMENT~CREJARYSCEiiTIFiCATION---~ The Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of 1
~-----=--~~~~~~--=--=~~~==~-=~~-~~~~==-~=~==~~~~~~~~====~-=--middot --middot-r--==~~~n~~==~= ~=~-=- 1Treasurer of the State of California --Controllero-ftheStateof Californiamiddot ------middotmiddot-middotmiddot middot-middot----------middot---- shy
~_~~=~~ SretoofCampifoffii =-==L-_ -----= I Executive Secretary of the Pooled Money Investment Board IDate I
~rfirucTIONS TO CONTROLLER J V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest ___ The General Fund will pay interest Do not invest loan proceeds in SMIF Commercial Paper will be used to repay this loan Yes V No
Reserve $__~____________ ofthe proceeds from this loan for Cost ofissuance PMIA interest and administrative costs
Rev (610)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
i~partment Name Department of Foresty and Fire Protection Project Name Growlersburg Conservation Camp ---shy
Year 2011 Est Project Completion Date
Date 4292011 Est Phase Completion Date
Loan Amount lt 1l $ 1751000
Funds Disbursed to Date $ 1 587371 Per SCO Report dated 33011
~arne of Bond Program Public Buildings Construction Fund
Priory
0
(J
rs
(1) (2)
Month and
Year
7107-4302010
Original
Projection
(3) (4)
Actual
Disbursements
Projections for
the Next 12
Months
1 632 5071)
1 May-1 0 -2 Jun-1 0 -3 Jul-1 0 -4 Aug-10 -5 Sep-1 0 -
6 Oct-10 -7 Nov-10 -8 Dec-10 middot -9 Jan-11 -
10 Feb-11 -11 Mar-11 -12 Apr-11 -
gti bull ~68911hter~~k~illlliili11famptilt0l~lt middotmiddotmiddotmiddot~
_ __430-=2017___
___NA~-- Acquisition
10302012 Prelim Plans
10302013 Work Draw
4302017 Constr lt2l
______ Equip
_______ Design-Build
(5) (6)
Phase of
Project
Cumulative (APWCE
Disbursements D-B)
1632507 p
1 632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1632507 p
1 632 507 p
1 632 507 p libullcmiddot~()qbull1 JjjfJS~~ ~middot I~Adr~~EN~I3l~~IZ middotd28tBni [D ~ G
lmrrKmiddotbullymiddot~r 1~b bull 11 v (5btJ()bi May-11
14
13
Jun-11
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11
19 Nov-11
20 Dec-11
21 Jan-12
22 Feb-12
23 Mar-12
(1 bullllnrlFrl lln Anr_j ) bullnno~n-4IHV-u
p1 750 824-p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824-p1 750 824 -p1 750 824 -p1 750 824 -p1 751 000 -
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
I
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal~
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs IPMIBUNO~LY 0 l DO laS PART I LOAN REQUESTBOND PROGRAM INFORMATION
(Completed by Requesting Department)
( rtment Total Project Appropriation 9Arnount Requested ~ 1shymiddot__ middotltartment of Education j SNQJS3Q()G66 -(J_vnDO() 1 $52800hl)0 ~z~ lt)C)O
Appropriation(s) to be Funded IStatutory Authority j Date Funds Needed Chapter 171 Statute of2007 Item 6110-301-0660(3) I Government Code Section 15830 1 6172011
I I I
Department Contact i Title I Phone Allen Young j DCMS 1 916-445-4557 Department Directors Name (please print) I Signatur~tPfA ID~~1fRichard Zeiger Chief Deputy Superintendent l k If
IGeneral Obligation Revenue (jType ofBonds ~SPWB 0 Other0 SelfLj91_Qatigg___ONpn-S~)fLiguidating -
Name ofSPWB or Other Project Academic Support Cores Bus Loop and Renovation
Name of GO Bond Act
-----middot---------------~-Project Contact (SPWB Only) ~ Phone middot
middot-middot~~ STO AdniE_Sost~---~ Other 9~middot15~_30 Appropriation to be Used D GC Section 167246
)e bb1-e WokM ----------middot(~I()-~~liD__ State Controllers Office Fund Phase of~ct (select all that apply) Est Project
D A Iamp] PP l WD D c DE D D-B Completion Date 4282014
Use of Loan Proceeds 1 Will any ofthe loan proceeds be used (Please check ifanswer is yes to any ofthe following)
D To make advances to local governments i D To fund an escrow or condemnation deposit fund IZJ To pay vendors directly I D To fmance loans to persons other than governmental entities D To reimburse local government for vendor payments I IZJ To make advances to State Architect Revolving Fund DIn a trade or business carried on by a nongovernmental person If Yes specify DGS-PMB Project No 124637 D To make advances to other state funds If yes specify
=)Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private business or from federal funds Yes D No IZJ (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No D IfYES the repayments will be used to D pay debt service or D to fund more projects middot
ADMINISTRATNE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES - lResolution Number I s T~--~--C~---Tmiddot---~ t
Administrative Entity i 1 1 1(GO ONLY) a e oan a e I i I i I--middot- shy
State Public Works Board------middot-____ - l -----=r -B-t---~-t--B- middot-F 9il42~o7___ _____
--middotmiddot--- 1 d--1--o---r-middoto---r-middot----shy1
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
lXI This application is recommended for approval subject to the following conditions ~ First$ 50(pJOOO 00 to be used to payreduce existing PMIB loan Of 000fo D Reduce amount ofloan to $ _______
Conditions (if applicable) Jd This aeelication i~ not r~commend~~ for aeeroval by the Public Fin311ce Divi_~_lmiddoto=nc__________-=----------- shySignature Director Public Finance Division j Date
I PART III RECOMMENDATION
(Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Dapproval D rejec~ion D modification -A-uproved loan amount ~ ~ Lo8p Jo be made riosooner than ( n is due 364 days (or the next preceding business day if the due date falls on a state holiday-a~s=-a-t-u-rd-=-a-y_o_r_a_S_u_n_d_ay) from
-ufe date the loan is funded middot Signature Executive Secretary Date
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I FOR STO USE ONLy
I PMIB NO I 0 I 00 5 l
Tb--agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( Jed Money Investment ~ard (the Board) lends funds as specified below -- j I 111Y27oOO Total project appropriation $163839QQOO Proposed Funding Date 6172011 Loan Amount $i1800fiOO E ~ 1OtgtO ~ At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business daymiddotifthe due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following ~tatu_es (Bo~-6~--- _ middot ___ l~h 171 Statute of2007 Item 6110-301-0660(3)shy middot=J ADMINISTRATIVE AUTHORIZATION The bond sale commercial ~er if lpoundPIicable1 and this loan have been autho~ized by_actions of administrative entities as follows
Administrative Entity I ResolutionOther I Date l
t=~te Pu_~ic ~orks Boar~=-~=~~--middot-r-~~~~~RRiova~~---------L~~~=-------middot-middot-middot-----middot--j The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the statemiddotagency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subJect to appropriation by the State Legislature
(~N RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
__IRl~l_i_~~~~ available foi_such_p~~~~
IState Agency Name middot -------1 __)~~artment of Educatio_n___ middot---- shyi Directors Signature llJpoundJmiddotState Public Works Board (if applicable)
Administrative Secretary Signature ~==~~~----~~21-tL__1
POOLED MONEY INVESTMENT BOARD EXECUTIVE SE-fl--f1
The Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of 1 and the vote was as follows
MEMBER ----+~middot-middotA_YE J N_0_1 Treasurer of the State of California ~
Controller ofthe State of California DirectorofFinanceoftheStm~-o~f~C~a~l~ipound~orn-~ia------------------middot--------------------~-------------------~--------middot
~--~--~--~777-------------------------------------------------~-----------------L-------I Conditions (if applicable)
Executive Secretary of the Pooled Money Investment Board Date
INSTRUCTIONS TO CONTROLLER0 V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest ~ ) The General Fund will pay interest Do not invest loan proceeds in SMIF
ccfmmercial Paper will be used to repay this loan Yes No
Reserve$_______________________ of the proceeds from this loan for Cost oflssuance PMIA interest and administrative costs
l
______
______
Rev (610)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(apartment Name Department of Education Project Name Academic Support Cores -~
middot Yea~ 2011-12 Est Project Completion Date 4282014
Date 472011 Est Phase Completion Date ___n~a____Acquisition
Loan Amount (1gt $ 529000___----=~~_
Funds Disbursed to Date _$___504l54_6_ Per SCO Report dated 33011
~ame of Bond Program Public Buildings Construction Fund
(1) (2)
Month and Original
Year Projection
Prior yrs
1
2
3
4
5
60 7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22 ~ 23
U 24
(3)
Actual
Disbursements
(4)
Projections for
the Next 12
Months
__5132_01_1___ Prei i m PI a ns
__4122_012=--- Work Draw 2282014
-~=___
(5)
Cumulative
Disbursements
Constr (2l
Equip
Design-Build
(6)
Phase of
Project
(APWCE
D-B)
(1) Rounded up to nearest thousand
47202054
232950
~~r~~~~~~i~~11
299f8gt4~g~middotmiddot~~-~~ ~ bullbullbull I ~~~~H~ bull J
ltfAmiddotIf~t17~1middot~middotamiddot no bullbull lmiddot pound~ 1 1 1it bullbull bull bull
middoty-ltbullbull11~~~)~~~-~~f~~f~middott- ~50(~00
472021 D
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 p
474350 p ~tgtpound~~a~1~~c 1) bull t~ ( ~
lt-Cimiddot~c~- 504middot309 IFIitiNr~ ~v~middot bullfg(7ff ft(bull-- 528middot 9373~~~i~~t~ ~-middot~ ~ ~0i~t~~nr1~
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
529000 p
12008-5201 0
Jun-10
Jul-1 0
Aug-10
Sep-10
Oct-10
Nov-10
Dec-10
Jan-11
Feb-11
Mar-11
Apr-11
May-11
JH_ter~$t~f~~n~~~-~i~~~ g8ffil81f~~j~~i
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
Apr-12
May-12
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal [8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs PMI~~~~LYr o( oos l
PART I LOAN REQUESTBOND PROGRAM INFORMATION Com leted b Re uestin De artment
middot ~~~mhn~e~n~t------------------------~~==irr~r~~==u~~-~==l~IFTT~om~lfP~r~~~middotedct~A~pprop~ri~a~tio~n~--fjAk~n~ou~nt~RR~~ues~ro~-----i~ _ i ~05300000 Go nr lTi~ntal ___________ Health ~~~~I D1 Qlt)------------middot-middot--1 $6589066-00-middot--middot--------middot-----middot-middot---middot-L____ ___________________________________________ -- shy
Appropriation(s) to be Funded Statutory Authority I Date Funds Needed Chapter 1712007 Item No 4440-301-0660(2) Government Code Sec 15830 et seq ~26~611 tmiddot7-
middot-middot----------middot--middot------------middot--middot-middot------------ ----middot-middot--middot--middot--------------- --------shyDepartment Contact Title j Phone David Harner middot Chief Hospital OpeationsFiscal Supp I (916) 654-3600 middotn~~~~~~s-~~~~~~t)middot-----middot------ --______rsiinatre-------------~----~ -middot~---middotr~=~~-----middot-middot---shy
i General ObligationT 0 fB dype on s D Self Li uidatin D Other N~~-roo i3-0~ltLA-t----middot-q_ltgt-=---~~-middot=-middot-middot==-middotO~-==--middot--middot---middotmiddot--ll-middot-a-nmiddot-e--o-f-sPWB_0middotzoihd_Pro]eCimiddot------middot--middot-middot-middot-middotmiddot-middot-middot-middot-middot-------- ---
tascadero State Hospital 258 Bed Hospital Remediation API-jricrti~-~i~-b~-u~~-- o___ltic~ti~~-i-67246middotmiddot--middot______ middotoject-cmiddoti-aCt(srwmiddoti3-o~l)r)______r-yJ10ilemiddot---middot--_ ____
~~i2~fo~~Ife~~s~f-fi~=c-middoteFD=ubullndo~hccer=~~=--- uDmiddotmiddotmiddotamiddot-$middotmiddot~~~~-~~-
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments -~ D To fund an escrow or condenmation deposit fund 0 To pay vendors directly i 0 To finance loans to persons other than governmental entities 0 To reimburse local government for vendor payments [8] To make advances to State Architect Revolving FundJ
0 In a trade or business carried on by a nongovernmental person i If Yes specify DGS-PvfB Project No 124473 0 To make advances to other state funds If yes specify
I Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private ~J business or from federal funds Yes D No [8J (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No O If YES the repayments will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
obullbullobullbullbull-bull-bullbullbullbullbullbull~bullbullbull--bullbull-_________________HH----__--f-MH-bull0bull----middot-middot--bull-bullbullbullbullbullbull-1-----MMI--MO-
Administrative Entity Resol~~ioo~L~umber I Sale i Loan I middot CP i Date -___--middot-middotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot----middot-middot--middotmiddotmiddot--middotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot----middot-middot-middot-middotmiddotmiddot-middotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot--- middotmiddot-middot----middotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddot-middot-middot-middot-_-middotmiddotmiddot-middotmiddotmiddot---middot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot---__L---middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middot State Public Works Board i 0 I [8] 0 7132007- ___ ______________- 1_ 0
u- - ____+- ~~--I0 I
PART II RECOMMENDATION AND CONDITIONSshy(Completed by Public Finance Division of the State Treasurers Office)
~ This application is recommended for approval subject to the following conditions 0 First $ tlt bj used to payreduce existing PMIB loan __middot___ Kl Reduce amount ofloan to$ (DJ as JQaOO
Conditions (if applicable) middot
-~iniz~~~51~~E~u~ii~~~~~~~~~yent~d_f~r~EPr~~-~~L~~~~EJi~~il~~~-2i~i~ilt~--middot----___________________loaie--middot---_________
I
_
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval D rejection 0 modification middotj-middot~proved loan amount i _ Loan to be made no sooner than
an is due 364 days (or the next preceding business day if the due date falls on a state holiday_a_S_a-tu_r_d_a_y_o_r_a_S_u_n_d_a_y) from the date the loan is funded
Signarme E~etive Secretacy-----middot---middot-middot--middot-middot-middot------middot--------------------------middot--middotDate----------middot----------middot---shy
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
s agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( 1
bull ooled Money Investment Board (the Board) lends funds as specified below ~ ~ Total project appropriation $659800000 ~ Proposed Funding Date 51262611 G I J Loan Amount ~9S300()()0 -o-12-S bO
At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the Joan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Mpney Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale ofbonds (Bonds) authorized by the following statutes (Bond Act) rmiddotmiddotchapt-i7iifoo7~it~~-N~~444o3oio66o(i)- - -middot-middot-middotmiddot- middot-middot-middotmiddot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddot-middotmiddotmiddotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddot--_---middotmiddotmiddot-middot-middotmiddot-middotmiddot----middotmiddot--middot-l bull--bull-bull-Hbull---middot--middot-middot----bullbullbullbull--bullbullbull-bull-________________m_______________________________________l
ADMINISTRATIVE AUTHORIZATION _~_P-~f~l~-~-ltial_p_lPtJLlP~ipound1tltd tl~Jll_l~~-~~~ll~-~-I~~~EiY_~iQ~~-lfl~ilJ~rl~~-i~~flJ2)VS middot-------middot- Administrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act pennits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation by the State Legislature
OAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~EPE9Pi~i9P~Y~i~~~f9E_S~~hP~-9~~__________________
L~~~~~~~rM~n~ ~l~-middot-middot--__------middot------_ ___________________ ---middotmiddotmiddot J
~~-~~~~-----~~~~ L~~~~~-imiddot~middot~middot~middot~middoti~~~_S~~~~~-r ____d____-_________- __l~~gtltltlJI POOLED MONEY INVESTMENT BOARD EXECUTIVE SECRETARYS CERTIFICATION i 1IThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of __ and the vote was ___ as follows __- - __ r---middot-middot- __ ____ ______ ____ ___ ___j
~~~~~-~-plusmn=~- Director of Finance of the State of California
middot----middotmiddot-middotmiddotmiddot--middot~middot---------middotmiddotmiddot--middotmiddot-middot----middot-middot---middotmiddotmiddot-middot---middot-middotmiddot-----middot--middot-----------middot-middot-middotmiddot---middot-middot---middot--------middot-middot-----middot--middot---middot---middot--middot--middotmiddot--middot-middot----middot-middot--1-~--~middot~middotmiddot--middot-middotmiddotmiddot-~~ Conditions (if applicable)
middot-E~c~tivmiddots~~~tarymiddotrmiddotilieP~~~~dMo~-~YI~~t1 Boad-middot-middot--------middot-middot-middot-middot-------middot---- ________________ __TD~t~-middot-middot------middot-middot1 i ~-----middotmiddot---middot-middot--_________- ---middot--middot-----middot----middot----------middot-middot--middot-middot----------middot-------__________J____________l
INSTRUCTIONS TO CONTROLLER I i ~ 1 ~-~ Proceeds from this loan should be invested in the Surplus MoneYinvestirtent Fund SMIF earnings and bond proceeds will pay interest
) The General Fund will pay interest Do not invest loan proceeds in SMIF lCommercial Paper will be used to repay this loan Y~s middot - V No
Reserve $ _______________ of the proceeds from this loan for Cost of Issuance PMIA interest and administrative costs
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(epartment Name Department of Mental Health Project Name Atascadero 250-Bed Remediation ---_
- Year 2011 Est Project Completion Date 10302010
Date 412011 Est Phase Completion Date Acquisition
Loan Amount lt1l $ 6125000 Prelim Plans
Work Draw Funds Disbursed to Date $ 6038196 Per SCO Report dated 52411 1112009 Constr lt2l
~ame of Bond Program Public Buildings Construction Fund Equip
Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year Projection Disbursements Months Disbursements D-B)
0
Prior yrs 571970200 5719702
1 May-10 1302600 5732728 c 2 Jun-10 1336000 2142000 5754148 c 3 Jul-10 1336000 1882900 5772977 c 4 Aug-10 1336000 5772977 c 5 Sep-10 1336000 183700 5774814 c 6 Oct-10 334000 601200 5780826 c 7 Nov-10 384100 5784667 c 8 Dec-10 133600 5786003 c 9 Jan-11 5786003 c
10 Feb-11 5786003 c 11 Mar-11 5786003 c 12 Apr-11 6925800 5855261 C
~~~~~]~mlftltttt~bull~~~~~~~~~~~~~=~~~~~~~l~riir~ 13 May-11 500000 6110238 C
C14 Jun-11 500000 6115238
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11f-------1
191--_ _N__o_v_-11j
20 Dec-111---____--1 21 Jan-12
1--------1
~ 22 Feb-12 (___j 23 Mar-12
1---______~
(~~ nrlrl Anr_-_1 ) housand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application bull
(3) Projected Admin includes estimated fees from STO SCO and DOF
500000
500000
6120238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125000
c c c c c c c c c c
State of California- State Treasurers Office LOAN REQUEST New Loan fZ1 Renewal 0
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs II ~o~~LNO~LY ( 0 OOltoC
~ PART L LOAN REQUESTBOND PROGRAM INFORMATION f~ (Completed by Requesting Department) bull artment I Total Project Appropriation Amount Requested -corrections and Rehabilitation middot i $30000000000 I $682600000 middot----middot~---------middot--middotmiddot--middot-middot------middot----middot--middot----------------------middot------------middot--lmiddot------middotmiddot----middot-----middot-middot-middot-middot-l---middot-middot--middot-middot-----middot------- shyAppropriation(s) to be Funded ~71B -~ Statutory Authority I Date Funds Needed SB 81 Ch 17507 (as amended 8rpoundG 1828 Ch 729Mf) i Welfare and Institutions Code Chapter I 6182011 5225-801-0660 6101753 M3 l 15 Article 3 Sectio~970 1~11 I
_-Q~-~-X~~~fl9ffeE~~ Reh__Qilit~_i~~EiiEJ~~hasc I_ middot ~t1fgtDepartment Contact Titl~---middotmiddot--middot---middotmiddot------middot---middot----middot-middot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middot----middotmiddotmiddot-middotrmiddotPho~middot~~--------
i~~~~ffi(~O~~~~~-~-T fB d J General Obligation ReVeiiue
-N~~~~orb~middotmiddot~dAsp-elfAg~icI~~rg____0_~_21~-eJf-Jgi9_ainK--middotmiddot middotmiddot-~~~~~s-PPs~~~~tilmiddot~middotmiddotmiddotr~o-t~middotmiddot----131Bmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddot--middot--middotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddot-middot--middot-stanislaus County Juvenile ~ommitment Center
Appropriation to be Used D G C Section 167246 Project Contact (SPWB Only) I Phone middot~middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot
for STO Admin Costs D Other__ Darlene Maston I 916-255-2237 state con tr~ji~~middot~middot-middotorfi~middot~middotmiddotp~~imiddottc-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-shy middot-middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddot middotmiddotmiddothasemiddotmiddotrjgtmiddotJ-~middotimiddotmiddotcseTeZimiddotmiddotaIcmiddotmiddotitmiddotmiddotmiddot~iJmiddotiJiy)~middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotpoundsimiddotj~~middotCiTe~i-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot
0 A 0 PP 0 WD fZI C 0 E 0 D-B Completion Date 2152013
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments I 0 To fund an escrow or condenmation deposit fund 0 To pay vendors directly 0 To finance loans to persons other than governmental entities fZI To reimburse local government for vendor payments 0 To make advances to State Architect Revolving Fund D In a trade or business carried on by a nongovernmental person 1 If Yes specify DGS-PMB Project No (J0 To make advances to other state funds If yes specify
--A Will any part of the debt service on the bonds tl1at secure this loan be either secured by or paid from property used in a private business or from federal funds Yes 0 No fZI (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No O IfYES the repayments will be used to 0 pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
-----~i~-- fRol~I~~~~-----G~--~~~=~~=====Famp~=t=l==gF~
(
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
0 This application is reconnnended for approval subject to the following conditions D First$ to be used to payreduce existing PMIB loan _____ D Reduce amount of loan to $ _______
Conditions (ifltpplicable)
_O Ii~__ppJLc~ti~~i~ ~~~Ee~lt1~~9~~fo~E~~JQt~l1l~J~g_fi1~~1g_~RiY~~9~-middotmiddot-middotmiddot--middotmiddotmiddot-middotmiddotmiddot--middot-middot-middotmiddotmiddotmiddotmiddot-middot----~---middot-middot-------middotmiddotmiddot--middotmiddot-middot-----middotmiddotmiddotmiddot-middot---middot-middot-middot-middotmiddot--middotmiddotmiddotmiddotmiddot-signature Director Public Finance Division j Date
l 1 i
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
-middot~is request is recommended for Oapproval 0 rejection 0 modification ____pproved loan amount Loan to be made no sooner than _________ Loan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded
middot-s-gra~re~middot-Ex~-c-u-iT~e-semiddot~~eiarY----middot-middot-----middot-----middot--middot-middot----middotmiddot-middotmiddot-middot---------middot--middot----middot-middot----middot-middotmiddot-middotmiddot-middot------middot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddotmiddot------middot-middotmiddoto-aimiddot--middotmiddot-middotmiddotmiddot-middotmiddotmiddot-------middotmiddotmiddot-middotmiddot--middot-----middot----middotmiddotmiddotmiddot--middot-middot-middotmiddot
____
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
lo 006b _I
----middot-middot-middot-middot-~--middot1
r agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and 1----__ Pooled Money Investment Board (the Board) lends funds as specified below
Total project appropriation $30000000000 Proposed Funding Date 6182011
Loan Amount $682600000 At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state hoi iday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following
s~~~~r~~~ntl_~_~o --middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddot-middot---middot-middotmiddotmiddotmiddotmiddot-middot-middot-middot---middotmiddot-middot-middot-middotmiddotmiddotmiddot~~a~--middot--middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middot---middot-middot-middotmiddot-----middotmiddot-middotmiddot-middotmiddot---middot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot---middot--middot---middotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddot- middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot---middot~ i SB 81 Ch 17507 (as amended 8yen AIHI~middoth-7i91W) 5225-801-06606101753
1_1~pound~~-X~Il~~~IQ~I~~-~E_~p~_~y~_l~lti~i~~-~--~-tJgt~----middotmiddotmiddotmiddotmiddot-middot--middotmiddotmiddot-middot--middotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddot----middotmiddotmiddot-middotmiddotmiddot-middotmiddot--middot---middotmiddotmiddotmiddot--middotmiddot-middotmiddot-middot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot ----middot---jADMINISTRATIVE AUTHORIZATION
_ll_~_ltgt~--~-~C~-()_mm_~~pound~P~P~1bullfPP_lllI21E~2ll~~C-~Ctl_~lhQ~e~~Y~~iltgtSltgtf~iiSt~~Y~i_~ie~l~ol_lgt~~~_ _____________________ Adnrinistrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial
Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest fimiddotom the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan lfthe loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan middot
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds ofBonds or the proceeds of a new loan Payment from any other source is subject to appropriation
(~the State Legislatu_re
~lAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~PPI~CgtP~aisgt~~iJ~)_~_[ltE ~~hP~TP_~~~_---middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middot----middot-------middotmiddotmiddotmiddotmiddotmiddot-------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middot----middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddot middotmiddotmiddot--middotmiddot---middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddot---middot--middotmiddot---------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot i State Agency Name
jJ~P~r_lfl _lt_~E~~poundi~l~~l~_~~~~iol-----middot--middotmiddot--middotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddot--middot-- middotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddot--middot----- middotmiddotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddot----middot-middotmiddot--middot---middotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddot-middot--- middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot----middotmiddotmiddot--middotmiddotmiddot-- _
--T~=I ~~~~~~-i-~~=~~-~=---~-=cr~~__~~~~~~-~-=--middot~~-~--- middot-middotmiddotmiddotmiddot-middot-middoti -~-iAL 1 POOLED MONEY INVESTMENT BO i
iThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of
and the vote was as follows i
i_~_~-middot~-~~-~~~~-~=~~~~~ ____middotmiddot_=----~-~~-=~-~~middotmiddot~~~~sect-~~middot==-=~~-~middot~~~~middot~~=middotmiddot~middotmiddotmiddotmiddot~~=--~-==middot~~~-~-~~I~middot~middot~-middot~~~~Y~~~~middotmiddot~~-~~~~[middot~-~~~B~~~~=Ji Treasurer of the State of California I 1 l~MoHOoHHOHoH-gtHoooobull-bullbull-bullbullbullbullbull---middot-middot--bullbullbull-bullbull---middot-middotbull-MoOHHgtMHObullobulloo-bullbull-bullbull-bull-bullbull---bullbull--H--0-----middot-middotbull--middotmiddot-bullbullbullbullbullH~__-bullbullbullbull-bullbull+bullbull-HOoooOHooHooHoHooOHMo-oMo-oOOoO-Moooooo Moool
Controller of the State of California j j ji _MOOMOMOOMMO MOMM-__MMMMMOOMO---middot--middot--------middot--middotmiddot middotmiddotmiddot-middotmiddotmiddot-middotbullbullMMMOOMMO-MOOMMM _00-00Mbull-o0M_00000MOM-MMMMooMOMMOM-0000_0_00M--00000MMoM0-00-M000000000-0M000000-MOM-OOOM00000000-M0M00MM00000000MM00MOOOOMMiOMOM0_0_000000MOM-00000000-0MMO_M_ __ J- _ ___________________i______ Director of Finance of the State of California i ~-C-o~middot(jjtf)middot~~--(jf~ppif~~b-i~middot)~-----middotmiddot-middot--------middot-----middot--------------middot-------middotmiddotmiddotmiddot---middot-middot-----middotmiddotmiddot---middot---middot-------middot----middot--middotmiddot--middot--Lmiddotmiddot-middot-----middot--middot-middot---middotmiddotmiddot----middotmiddot-------L-----middot------middot-middot--------middot-i
I i jl-----middot-------middot-----middot-----middot----------middot--middot--middot------middot-----middot---------middot------------middot--middot------_____________________________________________-------------middot---middot-middot-middot-middot-middot--middot--middot--middot----middot-----middot----middot-middot_________________________s-_middot-----middot-middot--middot------middot---middot-li Executive Secretary of the Pooled Money Investment Board Date I I i i
i ~- l i
L---------middot----middot---middot---------middot-------------middot-----middot---middot--middot-----------middot--------middot-middot---------------------middot-middot---------middot---- ------middot--middot------middot-middot-middot---middot-middotmiddotmiddot---middot---middot-middot-------middot------middot-----middot-middot--middot----t--middot---middot---------middot------middot-middot-jmiddot-ISTRUCTIONS TO CONTROLLER
( J middotv Proceeds from this loan should be invested in the Surplus Money Investment Fund SMJF earnings and bond proceeds will pay interest ~ The General Fund will pay interest Do not invest loan proceeds in SMIF
Commercial Paper will be used to repay this loan Yes V No
Reserve $_______________ of the proceeds from this loan for Cost of Issuance PM IA interest and administrative costs
_~~~~~~0----
Rev (61 0)
MIA Loan Request for Revenue Bond Programs l Ol OObG
ashflow Statement
(~partment Name Corrections and Rehabilitation Project Name Stanislaus County Juvenile Commitment Center
~ Year 20112012 Est Project Completion Date 2152013
Date 5132011 Est Phase Completion Date NA Acquisition
6~826000 5132011
6212011 Work Draw
Loan Amount (1l __$ _____- Prelim Plans
Funds Disbursed to Date $ - Per SCO Report dated 0000 2152013 Constr (Zl
___---~---
Jame of Bond Program Lease Revenue-Stanislaus County Juvenile Commitment Ctr ___NA_____ Equip
_N_A_____ Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and the Next 12 Cumulative (APWCE
Year 0 n Actual Disbursements Months Disbursements D-B)
Prior yrsmiddot
1
2
3
4
0 5
6
7
8
9
10
11
12
16 11
17 Oct-11
18 Nov-11
19 Dec-11
20 Jan-12
21 Feb-12
22
(J 23
24
14
15
545 00000 552 500
818 00000 1 370 500 c 1 091 00000
1 091 00000
c
1 091 00000
1091 00000
c
1 091 00000
7 500
7 500
c
c
c
c
(1) Rounded up to nearest thousand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
0
_~~To_ ~- ~ 1shyl ~ 1gt1 0
0 OEPARTMENT OF EOMUNO G BROWN JRbullbull GOVERNOR
~-FDotF I N A N C E ----S-TA-TE-C~A-P-ITC-1-bull~R-o-o-M-~~45~~S-AC_RA_M_EN_T_o-C-A-bull-9-5~B~1--4-4~9-i=-B-8~www~~o-c~~CA-llc~v CFFICE CIF THE DIRECTCIR
May 12 2011
Mr Bill Dowell Administrator Pooled Money Investment Board 915 Capitol Mall Room 106 Sacramento CA 95814
Dear Mr Dowell
AB 55 Loan Application for County of Stanislaus Juvenile Commitment Center Project
The following detennination is respectfully submitted pursuant to the Pooled Money Investment Board Pooled Money Investment Account Loan Policy adopted October 20 2010
This loan request is for the states share of costs for the County of Stanislaus Juvenile Commitment Center Project one of many youthful offender rehabilitative facility projects included in the SB 81 Youthful Offender Rehabilitative Facilities Construction Financing Program middotIn this program the county rather than a state agency manages the construction contract and process Furthermore the county is responsible for a portion of the project costs including any project cost overruns Thus at this stage of the project it is fiscally prudent to fund the construction costsmiddot using an interim loan rather than to issue bonds until final costs are known and we are confident the county will have fully funded its share
Based on the factors noted above the Director of Finance has determined the project is not appropriate for upfront bond funding and therefore interim financing is necessary to fund the -construction phase of the project If you have any questions or need additional information regarding this matter please call Chris Lief Principal Program Budget Analyst at (916) 445-9694
ANAJMATOSANTOS Director By
1~ (-gt2--shyMICHAEL COHEN Chief Deputy Director
icc FINN ROGERS LIEF BENSON CF (3) SUSPENSE FILE 0
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewali8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs ~~r~u~OLY 1oIoOlo3
PART I LOAN REQUESTBOND PROGRAM INFORMATION
~----------------------~====~~~==~~==7~~--~~--~--~--~~--~t _)rtment Forestry and Fire Protection Appropriation(s) to be Funded Ch 26808 Item 3540-301-0660 (3)
Ius interest and admin ------middotmiddot+-MDepartment Contact I Title Linda Webb J Chief Accounting Ad inistator
middotmiddotnepartment nireciltirs-Name-(jj-iea5-epri-ii)-middotmiddot---middot--middot---middot---middot--middotmiddot-middot-middotmiddotmiddot-middotmiddot----middot-r-middot------n-imiddotemiddot---middot---- ------middotmiddotmiddot-------middot-middotmiddot+
Janet Barentson
2ype o~~~~-~~~_j__o~~~~ DtJ~~~lflJ_q~~~~g________ ~1i~___o_othe_middotmiddot-----middot---middot--middot------middot---middotmiddot-----middotmiddot-middot---middot-middot- shyName of GO Bond Act Name ofSPWB or Other Project
Vina Helitack Base Replace Facility
~i~~~F--~~6middot~=~~---------middot-middotmiddot-middot--middotmiddotmiddotmiddot--middot-middot---middotmiddotmiddot-middot-middot-middot-middot-middotmiddot-middotmiddotmiddot----middotmiddotmiddotmiddotmiddot-o_Q~E_~r 9lt~ CoA_~ ~-~c__ 11~middot-middot--middotmiddotmiddotmiddot-middotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddot-middot __g~=f~~2-~~~LQ_Etla__~p~~Y~_t______middot---middotmiddotmiddot-middot-middotmiddotmiddot-middotmiddot--middotmiddotmiddotmiddot--middot-middot-middotmiddotmiddot-middot--middotmiddotmiddot-middot-middotmiddotmiddot---middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot State Controllers Office Fund Phase of Project (select all that apply) Est Project Completion
D A 18] PP D WD DC DE Date 112016
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments I D To fund an escrow or condemnation deposit fund
181 To pay vendors directly I D To finance loans to persons other than governmental entities 0 To reimburse local government for vendor payments I 181 To make advances to State Architect Revolving Fund 0 In a trade or business carried on by a nongovernmental person 1 If Yes specify DGS-PMB Project No 124824
~0 To make advances to other state funds Ifyes specify (J Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private
business or from federal funds Yes D No 181 (For Revenue Bonds only) 3 For departments using these funds to make grants or loans Are repayments expected Yes D No D IfYES the repayments
will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
~~-b~~~I i D I D D Ii
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
I8J This application is recommended for approval subject to the following conditions ~ First$ Lj4 QO() 6~ to be used to payreduce existing PMIB loan 0 DOOY 0 Reduce amount of loan to $ ------ shy
Conditions (if applicable)
11 T~s~PPicati0]-_~~_9t recomme~~~ for ap_p_Qvaljgtx_~l_l~fublic fina~~_Qi_yl_sl_~---middot-----middot-----middot--middot--middot--middot-middotmiddot-middot--middot-----middot-middot------Signature Director Public Finance Division I Date
PART III RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
~This request is recommended for Oapproval D rejection D modification ( )proved loan amount Loan to be made no sooner than _________ -4oan is due 364 days (or the next preceding business day ifthe due date falls on a state holiday a Saturday or a Sunday) from
the date the loa~J is funded -------middot---------middot---middot----------------middotDate--middot--------middot---- shySignature Executive Secretary
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs GoRsTo usE oNLY
IPMIB No loIooto3 agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and -~)ooled Money Investment Board (the Board) lends funds as specified below
Total project appropria~ion $1306200000 Proposed Funding Date 6172011 Loan Amount-$5000666r 1JQgt ODD 6b S T At the discretion of the Board and upon n6tice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special ---(ted obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation
( he State Legislature ~
LOAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
c_bullc croia91_~va~1~~1~ for suchE~lt-~-~____middot--middot------middot----------middot-middot---middot-middot-----middot----middot--middot-middot--middot----middot-----------middot----middot--middot--middot----------middot--middot-middot----------~ ate Agency Name i e art~_~_t of F~~EL~nd_~ire ~ro__~~~E-=Yl~~ H~ita_~~~~e=J~plac~_~~ili~Y--_middot-middot-middot----middot--~Q~~M~~~jpound~~~ 124sect~~-1 rectors Signature I ate 1 -n=~~middot~---~- ii~1-l rpooiED-MoNEviNvEsTMENTB-OAM~n~-iARvmiddots-middotcERTiFicAnoN--middot--middot-middot--middot---middot-middot f-Lf_Jt__1I V~CRE l
lj The Pooled Money Investment Board approved this Joan pursuant to Government Code Section 16312 in the amount of i =========== and the vote was as follows I
r~~~~~=~==--=-~~ i Controller ofthe State of California i i Director ofFinance of the State ofCalifm~ia middot-------middot-middot----middot-- -----middot-------middot---~----------1 --------middot - -------------middot-----middot---- ----------middot---- -----middot--------------middot---i
Conditions (if applicable) middot I -Executive Secretary of the Pocilect MoneyInvest~tBoardmiddot--------middot-------middot-middot------middot-----------middot----r-Date----middot-middot-~ i I
(~~)TJ3UCTIONS TO CONTROLLER -1
i __ Proceeds from this Joan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest
-=---The General Fund will pay interest Do not invest Joan proceedsect-in SMIF Commercial Paper will be used to repay this Joan Yes No
Reserve$_______________ of the proceeds from this loan for Cost oflssuance PMIA interest and administrative costs
-------
-------
7108-43010 22 55600
M
2~-~~~~------+---------~ 3~-____~~~----------+----------- 4~-_~~~------+--------
Nov-10
Dec-1 0
Jan-11
Feb-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
51 000 p
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
Rev (610)
MIA Loan Request for Revenue Bond Programs 1oleO~s ashflow Statement
(partment Name Department of Forestry and Fire Protection Project Name Vina Helitack Base Replace Facility ---_
Year 2011 Est Project Completion Date _ ___11__2__01--6__
Date 4282011 Est Phase Completion Date NA Acquisition
Loan Amount (1l $ 51000 612013 Prelim Plans __________ _ _____=___612014__Work DrawFunds Disbursed to
Date _$--___4_17_3_2_Per SCO Report dated 33011 112016 Constr(2l
~ame of Bond Program Public Buildings Construction Fund -------Equip
-------Design-Build ( 1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year P ction Disbursements Months Disbursements D-B)
Prior yrs
1
0 5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
0
22
p p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p p
State of California- State Treasurers Office LOAN REQUEST New Loan 0 Renewall8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs PMIBUN01Y I0 I 00fo4 PART I LOAN REQUESTBOND PROGRAM INFORMATION
~ (Completed by Requesting Department) artment Total Project Appropriation Amount Requested fl)fI
~ 6-estry and Fire Protection $4553400000 bull ~0t11~1 (Ji) v v Appropriation(s) to be Funded -- 7-llj StatutoryAumiddot--th-o-ri--ty-----------L--=-bull-=Da_te-F-u-n-=-ds--N~eed-edCh17107 Item 3540-301-0660 (8) 1 Gov Code Sec15830 et seq l 6172011
plus interest and admin I IDepartment Contact -----------middot--middot------middot---+1-=Title---------middot--------+middot-pmiddot-h-o-n-e_______
Linda Webb middot IChief Accounting AA_ministator L(916) 653-8047
~=~~~~~~~rsName(i)ieaieprint) middot--------middot-middot---middot------~~_plusmni Q--- tf5J IJJ
Revenue [gj SPWB D Other--=-----middotmiddot--middot--middot--------middot-----middot---- shyName of SPWB or Other Project Growlersburg CC Replace Facility
-M-middot-~-~-M ---middotmiddotmiddot----middot-------middot---middot-middot--middot-middot---middot-middot Project COntact (SPWB-Only) ------middot-middot-middot-T-PhODe--middot----middotmiddot--middot-shy
~~~~~~~i~o~~~____B__ g~~~r~Q~~~-~~~~~J~1-- -~~t~~~~~~l-~~~Y~J~~-~~~~~~-~-~-~~---middot----middot-middot- State Controllers Office Fund Phase ofProject (select all that apply) Est Project Completion
0 A 18] PP D WD 0 C 0 E Date 4302017
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) D To make advances to local governments J 0 To fund an escrow or condernnationdeposit fund 18] To pay vendors directly I 0 To fmance loans to persons other than governmental entities 0 To reimburse local government for vendor payments 18] To make advances to State Architect Revolving Fund 0 In a trade or business carried on oy a nongovernmental person i IfYes specify DGS-PMB Project No 124628 0 To make advances to other state funds If yes specify
( Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private ~)business or from federal funds Yes 0 No 18] (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No 0 If YES the repayments will be used to D pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
---middot---middot-----middot----- ~dmi~is~~ive-i~i~--middot- middot-----middot---middot---middot---middotrResol~~oi~~~ber --~~~-~-middot Loan cp Date
-middot-----middot-----middot--middot-----middot-middot--middot-----middot-middot---middot---------middot--middot---______--l___________+-middot-middotr=middotmiddot-middot--t--middot--~middot--middot----middot--r=-middot--middot-middot+-middot-----middot----middot--middot---middot-11
~~~-~li~_F2Eks ~Q~~-- --middot-middot--middotmiddot--______middot--middot----middot------i---- -- [ J middot rgj LJ middot--~pound~~QQ-
--middot-middot-----middot--middot _ ________middot-middot--middot-middot-+---middot--middot--middot-- --lr--blo -middot-middot-61___ ----middot0 shy--- _middot---middot--middot--middot--middot-middot----middot----middot------ --- ____ __ middotmiddot--middot--------- ____ D I 0
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
181 This application is recommended for approval subject to the following conditions ~ First$ 15lti10QQ 0deg to be used to payreduce existing PMIB loan l C fXgtO 5 D Reduce amount of loan to $ _______
Conditions (if applicable)
JJ3~~~is tJot recotru~_tJ_~ed for -EP9Y~~~he P~bli~X~~_Ece Divis_9g__________~-middot---middot-------middotmiddot---Signature Director Public Finance Division Date
I PARTIII RECOMMENDATION
(Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval 0 rejection 0 modification middot Loan to be made no sooner than _________
~oan is due 364 days (or the next preceding business day if the due date falls on a ~tate holiday a Saturday or a Sunday) from the date the loan is funded--------middot---------------- shy ---------------------------middot shySignature Executive Secretary Date
( shy ---)Proved loan amount
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I~~I~u~crLYf o1oo~y (agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ~1ooled Money Investment Board (the B~ard) lends funds as specified below
Total project appropriation $4553400000 C( Proposed Funding Date 6172011 Loan Amount $175666600-- 1l 11 S ODD C5b At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds ofthe loan are to be used only for the purposes authorized for use of the proceeds of the sale ofbonds (Bonds) authorized by the following
ADMINISTRATIVE AUTHORIZATION rThe ~o~d sale _ltom~ercia_Paper if aPQiicable a~d this IO~f_lVe been authorizlaquo_c_~Y~~tilaquoJns of a~_nistrativ_laquo__ctitie~as foll_Q_ws ---middotmiddot--- 1 Admllllstrat1ve Entr_l ResolutwnOther 1 Date i
r~st~~~~blipound~~~~~3o~i~----middotmiddot~=~~===~_l_======~~=~=~=-==-===~==r-_2~(~Qii==~~=---==-=~====~-~l t=~==~~~=~=~=~~~~====~=~~==~==~=~=~~~----middotmiddot-middotmiddotmiddotmiddotmiddotmiddot -middotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot---middot-middotmiddotmiddot--middot--middotmiddotmiddot-middot--middot-middotmiddotmiddotmiddotmiddotmiddot---middot-middotmiddot-middotmiddot-----middot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot---middot middotmiddotmiddotmiddot---middotmiddot-middotmiddot-==~~~~~===~=~~~~~==~====~~~j
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special ---ited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation
( e State Legislature ______
LOAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
ro ri~i~~~~ailabl~f~_su~hJ21pound~~~middot=-middotmiddotmiddotmiddot-middotmiddot--middot-middot-middot-middot-middotmiddot----middot--middot--middot-middot-----middot--middot---middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-------middot--middot-----middot---middot--middot-middot-middot--middotmiddotmiddotmiddot-middotmiddot-----middot--middotmiddotmiddotmiddot---middotmiddot-middot---middot-middotmiddot-middot--shy~N~ I
o(~_ltgtE~~_J_and ~r_e PE~~tio_- G~ersJl~_g__ltf__~p-~-~-~~~j_l_iY-_________________________pG~~ll~~j_~~t ~~~~~
~~~----------~~~poQiEDMoNEYJNiiEsTMENT~CREJARYSCEiiTIFiCATION---~ The Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of 1
~-----=--~~~~~~--=--=~~~==~-=~~-~~~~==-~=~==~~~~~~~~====~-=--middot --middot-r--==~~~n~~==~= ~=~-=- 1Treasurer of the State of California --Controllero-ftheStateof Californiamiddot ------middotmiddot-middotmiddot middot-middot----------middot---- shy
~_~~=~~ SretoofCampifoffii =-==L-_ -----= I Executive Secretary of the Pooled Money Investment Board IDate I
~rfirucTIONS TO CONTROLLER J V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest ___ The General Fund will pay interest Do not invest loan proceeds in SMIF Commercial Paper will be used to repay this loan Yes V No
Reserve $__~____________ ofthe proceeds from this loan for Cost ofissuance PMIA interest and administrative costs
Rev (610)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
i~partment Name Department of Foresty and Fire Protection Project Name Growlersburg Conservation Camp ---shy
Year 2011 Est Project Completion Date
Date 4292011 Est Phase Completion Date
Loan Amount lt 1l $ 1751000
Funds Disbursed to Date $ 1 587371 Per SCO Report dated 33011
~arne of Bond Program Public Buildings Construction Fund
Priory
0
(J
rs
(1) (2)
Month and
Year
7107-4302010
Original
Projection
(3) (4)
Actual
Disbursements
Projections for
the Next 12
Months
1 632 5071)
1 May-1 0 -2 Jun-1 0 -3 Jul-1 0 -4 Aug-10 -5 Sep-1 0 -
6 Oct-10 -7 Nov-10 -8 Dec-10 middot -9 Jan-11 -
10 Feb-11 -11 Mar-11 -12 Apr-11 -
gti bull ~68911hter~~k~illlliili11famptilt0l~lt middotmiddotmiddotmiddot~
_ __430-=2017___
___NA~-- Acquisition
10302012 Prelim Plans
10302013 Work Draw
4302017 Constr lt2l
______ Equip
_______ Design-Build
(5) (6)
Phase of
Project
Cumulative (APWCE
Disbursements D-B)
1632507 p
1 632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1632507 p
1 632 507 p
1 632 507 p libullcmiddot~()qbull1 JjjfJS~~ ~middot I~Adr~~EN~I3l~~IZ middotd28tBni [D ~ G
lmrrKmiddotbullymiddot~r 1~b bull 11 v (5btJ()bi May-11
14
13
Jun-11
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11
19 Nov-11
20 Dec-11
21 Jan-12
22 Feb-12
23 Mar-12
(1 bullllnrlFrl lln Anr_j ) bullnno~n-4IHV-u
p1 750 824-p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824-p1 750 824 -p1 750 824 -p1 750 824 -p1 751 000 -
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
I
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal~
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs IPMIBUNO~LY 0 l DO laS PART I LOAN REQUESTBOND PROGRAM INFORMATION
(Completed by Requesting Department)
( rtment Total Project Appropriation 9Arnount Requested ~ 1shymiddot__ middotltartment of Education j SNQJS3Q()G66 -(J_vnDO() 1 $52800hl)0 ~z~ lt)C)O
Appropriation(s) to be Funded IStatutory Authority j Date Funds Needed Chapter 171 Statute of2007 Item 6110-301-0660(3) I Government Code Section 15830 1 6172011
I I I
Department Contact i Title I Phone Allen Young j DCMS 1 916-445-4557 Department Directors Name (please print) I Signatur~tPfA ID~~1fRichard Zeiger Chief Deputy Superintendent l k If
IGeneral Obligation Revenue (jType ofBonds ~SPWB 0 Other0 SelfLj91_Qatigg___ONpn-S~)fLiguidating -
Name ofSPWB or Other Project Academic Support Cores Bus Loop and Renovation
Name of GO Bond Act
-----middot---------------~-Project Contact (SPWB Only) ~ Phone middot
middot-middot~~ STO AdniE_Sost~---~ Other 9~middot15~_30 Appropriation to be Used D GC Section 167246
)e bb1-e WokM ----------middot(~I()-~~liD__ State Controllers Office Fund Phase of~ct (select all that apply) Est Project
D A Iamp] PP l WD D c DE D D-B Completion Date 4282014
Use of Loan Proceeds 1 Will any ofthe loan proceeds be used (Please check ifanswer is yes to any ofthe following)
D To make advances to local governments i D To fund an escrow or condemnation deposit fund IZJ To pay vendors directly I D To fmance loans to persons other than governmental entities D To reimburse local government for vendor payments I IZJ To make advances to State Architect Revolving Fund DIn a trade or business carried on by a nongovernmental person If Yes specify DGS-PMB Project No 124637 D To make advances to other state funds If yes specify
=)Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private business or from federal funds Yes D No IZJ (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No D IfYES the repayments will be used to D pay debt service or D to fund more projects middot
ADMINISTRATNE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES - lResolution Number I s T~--~--C~---Tmiddot---~ t
Administrative Entity i 1 1 1(GO ONLY) a e oan a e I i I i I--middot- shy
State Public Works Board------middot-____ - l -----=r -B-t---~-t--B- middot-F 9il42~o7___ _____
--middotmiddot--- 1 d--1--o---r-middoto---r-middot----shy1
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
lXI This application is recommended for approval subject to the following conditions ~ First$ 50(pJOOO 00 to be used to payreduce existing PMIB loan Of 000fo D Reduce amount ofloan to $ _______
Conditions (if applicable) Jd This aeelication i~ not r~commend~~ for aeeroval by the Public Fin311ce Divi_~_lmiddoto=nc__________-=----------- shySignature Director Public Finance Division j Date
I PART III RECOMMENDATION
(Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Dapproval D rejec~ion D modification -A-uproved loan amount ~ ~ Lo8p Jo be made riosooner than ( n is due 364 days (or the next preceding business day if the due date falls on a state holiday-a~s=-a-t-u-rd-=-a-y_o_r_a_S_u_n_d_ay) from
-ufe date the loan is funded middot Signature Executive Secretary Date
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I FOR STO USE ONLy
I PMIB NO I 0 I 00 5 l
Tb--agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( Jed Money Investment ~ard (the Board) lends funds as specified below -- j I 111Y27oOO Total project appropriation $163839QQOO Proposed Funding Date 6172011 Loan Amount $i1800fiOO E ~ 1OtgtO ~ At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business daymiddotifthe due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following ~tatu_es (Bo~-6~--- _ middot ___ l~h 171 Statute of2007 Item 6110-301-0660(3)shy middot=J ADMINISTRATIVE AUTHORIZATION The bond sale commercial ~er if lpoundPIicable1 and this loan have been autho~ized by_actions of administrative entities as follows
Administrative Entity I ResolutionOther I Date l
t=~te Pu_~ic ~orks Boar~=-~=~~--middot-r-~~~~~RRiova~~---------L~~~=-------middot-middot-middot-----middot--j The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the statemiddotagency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subJect to appropriation by the State Legislature
(~N RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
__IRl~l_i_~~~~ available foi_such_p~~~~
IState Agency Name middot -------1 __)~~artment of Educatio_n___ middot---- shyi Directors Signature llJpoundJmiddotState Public Works Board (if applicable)
Administrative Secretary Signature ~==~~~----~~21-tL__1
POOLED MONEY INVESTMENT BOARD EXECUTIVE SE-fl--f1
The Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of 1 and the vote was as follows
MEMBER ----+~middot-middotA_YE J N_0_1 Treasurer of the State of California ~
Controller ofthe State of California DirectorofFinanceoftheStm~-o~f~C~a~l~ipound~orn-~ia------------------middot--------------------~-------------------~--------middot
~--~--~--~777-------------------------------------------------~-----------------L-------I Conditions (if applicable)
Executive Secretary of the Pooled Money Investment Board Date
INSTRUCTIONS TO CONTROLLER0 V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest ~ ) The General Fund will pay interest Do not invest loan proceeds in SMIF
ccfmmercial Paper will be used to repay this loan Yes No
Reserve$_______________________ of the proceeds from this loan for Cost oflssuance PMIA interest and administrative costs
l
______
______
Rev (610)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(apartment Name Department of Education Project Name Academic Support Cores -~
middot Yea~ 2011-12 Est Project Completion Date 4282014
Date 472011 Est Phase Completion Date ___n~a____Acquisition
Loan Amount (1gt $ 529000___----=~~_
Funds Disbursed to Date _$___504l54_6_ Per SCO Report dated 33011
~ame of Bond Program Public Buildings Construction Fund
(1) (2)
Month and Original
Year Projection
Prior yrs
1
2
3
4
5
60 7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22 ~ 23
U 24
(3)
Actual
Disbursements
(4)
Projections for
the Next 12
Months
__5132_01_1___ Prei i m PI a ns
__4122_012=--- Work Draw 2282014
-~=___
(5)
Cumulative
Disbursements
Constr (2l
Equip
Design-Build
(6)
Phase of
Project
(APWCE
D-B)
(1) Rounded up to nearest thousand
47202054
232950
~~r~~~~~~i~~11
299f8gt4~g~middotmiddot~~-~~ ~ bullbullbull I ~~~~H~ bull J
ltfAmiddotIf~t17~1middot~middotamiddot no bullbull lmiddot pound~ 1 1 1it bullbull bull bull
middoty-ltbullbull11~~~)~~~-~~f~~f~middott- ~50(~00
472021 D
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 p
474350 p ~tgtpound~~a~1~~c 1) bull t~ ( ~
lt-Cimiddot~c~- 504middot309 IFIitiNr~ ~v~middot bullfg(7ff ft(bull-- 528middot 9373~~~i~~t~ ~-middot~ ~ ~0i~t~~nr1~
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
529000 p
12008-5201 0
Jun-10
Jul-1 0
Aug-10
Sep-10
Oct-10
Nov-10
Dec-10
Jan-11
Feb-11
Mar-11
Apr-11
May-11
JH_ter~$t~f~~n~~~-~i~~~ g8ffil81f~~j~~i
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
Apr-12
May-12
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal [8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs PMI~~~~LYr o( oos l
PART I LOAN REQUESTBOND PROGRAM INFORMATION Com leted b Re uestin De artment
middot ~~~mhn~e~n~t------------------------~~==irr~r~~==u~~-~==l~IFTT~om~lfP~r~~~middotedct~A~pprop~ri~a~tio~n~--fjAk~n~ou~nt~RR~~ues~ro~-----i~ _ i ~05300000 Go nr lTi~ntal ___________ Health ~~~~I D1 Qlt)------------middot-middot--1 $6589066-00-middot--middot--------middot-----middot-middot---middot-L____ ___________________________________________ -- shy
Appropriation(s) to be Funded Statutory Authority I Date Funds Needed Chapter 1712007 Item No 4440-301-0660(2) Government Code Sec 15830 et seq ~26~611 tmiddot7-
middot-middot----------middot--middot------------middot--middot-middot------------ ----middot-middot--middot--middot--------------- --------shyDepartment Contact Title j Phone David Harner middot Chief Hospital OpeationsFiscal Supp I (916) 654-3600 middotn~~~~~~s-~~~~~~t)middot-----middot------ --______rsiinatre-------------~----~ -middot~---middotr~=~~-----middot-middot---shy
i General ObligationT 0 fB dype on s D Self Li uidatin D Other N~~-roo i3-0~ltLA-t----middot-q_ltgt-=---~~-middot=-middot-middot==-middotO~-==--middot--middot---middotmiddot--ll-middot-a-nmiddot-e--o-f-sPWB_0middotzoihd_Pro]eCimiddot------middot--middot-middot-middot-middotmiddot-middot-middot-middot-middot-------- ---
tascadero State Hospital 258 Bed Hospital Remediation API-jricrti~-~i~-b~-u~~-- o___ltic~ti~~-i-67246middotmiddot--middot______ middotoject-cmiddoti-aCt(srwmiddoti3-o~l)r)______r-yJ10ilemiddot---middot--_ ____
~~i2~fo~~Ife~~s~f-fi~=c-middoteFD=ubullndo~hccer=~~=--- uDmiddotmiddotmiddotamiddot-$middotmiddot~~~~-~~-
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments -~ D To fund an escrow or condenmation deposit fund 0 To pay vendors directly i 0 To finance loans to persons other than governmental entities 0 To reimburse local government for vendor payments [8] To make advances to State Architect Revolving FundJ
0 In a trade or business carried on by a nongovernmental person i If Yes specify DGS-PvfB Project No 124473 0 To make advances to other state funds If yes specify
I Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private ~J business or from federal funds Yes D No [8J (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No O If YES the repayments will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
obullbullobullbullbull-bull-bullbullbullbullbullbull~bullbullbull--bullbull-_________________HH----__--f-MH-bull0bull----middot-middot--bull-bullbullbullbullbullbull-1-----MMI--MO-
Administrative Entity Resol~~ioo~L~umber I Sale i Loan I middot CP i Date -___--middot-middotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot----middot-middot--middotmiddotmiddot--middotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot----middot-middot-middot-middotmiddotmiddot-middotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot--- middotmiddot-middot----middotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddot-middot-middot-middot-_-middotmiddotmiddot-middotmiddotmiddot---middot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot---__L---middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middot State Public Works Board i 0 I [8] 0 7132007- ___ ______________- 1_ 0
u- - ____+- ~~--I0 I
PART II RECOMMENDATION AND CONDITIONSshy(Completed by Public Finance Division of the State Treasurers Office)
~ This application is recommended for approval subject to the following conditions 0 First $ tlt bj used to payreduce existing PMIB loan __middot___ Kl Reduce amount ofloan to$ (DJ as JQaOO
Conditions (if applicable) middot
-~iniz~~~51~~E~u~ii~~~~~~~~~yent~d_f~r~EPr~~-~~L~~~~EJi~~il~~~-2i~i~ilt~--middot----___________________loaie--middot---_________
I
_
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval D rejection 0 modification middotj-middot~proved loan amount i _ Loan to be made no sooner than
an is due 364 days (or the next preceding business day if the due date falls on a state holiday_a_S_a-tu_r_d_a_y_o_r_a_S_u_n_d_a_y) from the date the loan is funded
Signarme E~etive Secretacy-----middot---middot-middot--middot-middot-middot------middot--------------------------middot--middotDate----------middot----------middot---shy
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
s agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( 1
bull ooled Money Investment Board (the Board) lends funds as specified below ~ ~ Total project appropriation $659800000 ~ Proposed Funding Date 51262611 G I J Loan Amount ~9S300()()0 -o-12-S bO
At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the Joan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Mpney Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale ofbonds (Bonds) authorized by the following statutes (Bond Act) rmiddotmiddotchapt-i7iifoo7~it~~-N~~444o3oio66o(i)- - -middot-middot-middotmiddot- middot-middot-middotmiddot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddot-middotmiddotmiddotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddot--_---middotmiddotmiddot-middot-middotmiddot-middotmiddot----middotmiddot--middot-l bull--bull-bull-Hbull---middot--middot-middot----bullbullbullbull--bullbullbull-bull-________________m_______________________________________l
ADMINISTRATIVE AUTHORIZATION _~_P-~f~l~-~-ltial_p_lPtJLlP~ipound1tltd tl~Jll_l~~-~~~ll~-~-I~~~EiY_~iQ~~-lfl~ilJ~rl~~-i~~flJ2)VS middot-------middot- Administrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act pennits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation by the State Legislature
OAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~EPE9Pi~i9P~Y~i~~~f9E_S~~hP~-9~~__________________
L~~~~~~~rM~n~ ~l~-middot-middot--__------middot------_ ___________________ ---middotmiddotmiddot J
~~-~~~~-----~~~~ L~~~~~-imiddot~middot~middot~middot~middoti~~~_S~~~~~-r ____d____-_________- __l~~gtltltlJI POOLED MONEY INVESTMENT BOARD EXECUTIVE SECRETARYS CERTIFICATION i 1IThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of __ and the vote was ___ as follows __- - __ r---middot-middot- __ ____ ______ ____ ___ ___j
~~~~~-~-plusmn=~- Director of Finance of the State of California
middot----middotmiddot-middotmiddotmiddot--middot~middot---------middotmiddotmiddot--middotmiddot-middot----middot-middot---middotmiddotmiddot-middot---middot-middotmiddot-----middot--middot-----------middot-middot-middotmiddot---middot-middot---middot--------middot-middot-----middot--middot---middot---middot--middot--middotmiddot--middot-middot----middot-middot--1-~--~middot~middotmiddot--middot-middotmiddotmiddot-~~ Conditions (if applicable)
middot-E~c~tivmiddots~~~tarymiddotrmiddotilieP~~~~dMo~-~YI~~t1 Boad-middot-middot--------middot-middot-middot-middot-------middot---- ________________ __TD~t~-middot-middot------middot-middot1 i ~-----middotmiddot---middot-middot--_________- ---middot--middot-----middot----middot----------middot-middot--middot-middot----------middot-------__________J____________l
INSTRUCTIONS TO CONTROLLER I i ~ 1 ~-~ Proceeds from this loan should be invested in the Surplus MoneYinvestirtent Fund SMIF earnings and bond proceeds will pay interest
) The General Fund will pay interest Do not invest loan proceeds in SMIF lCommercial Paper will be used to repay this loan Y~s middot - V No
Reserve $ _______________ of the proceeds from this loan for Cost of Issuance PMIA interest and administrative costs
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(epartment Name Department of Mental Health Project Name Atascadero 250-Bed Remediation ---_
- Year 2011 Est Project Completion Date 10302010
Date 412011 Est Phase Completion Date Acquisition
Loan Amount lt1l $ 6125000 Prelim Plans
Work Draw Funds Disbursed to Date $ 6038196 Per SCO Report dated 52411 1112009 Constr lt2l
~ame of Bond Program Public Buildings Construction Fund Equip
Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year Projection Disbursements Months Disbursements D-B)
0
Prior yrs 571970200 5719702
1 May-10 1302600 5732728 c 2 Jun-10 1336000 2142000 5754148 c 3 Jul-10 1336000 1882900 5772977 c 4 Aug-10 1336000 5772977 c 5 Sep-10 1336000 183700 5774814 c 6 Oct-10 334000 601200 5780826 c 7 Nov-10 384100 5784667 c 8 Dec-10 133600 5786003 c 9 Jan-11 5786003 c
10 Feb-11 5786003 c 11 Mar-11 5786003 c 12 Apr-11 6925800 5855261 C
~~~~~]~mlftltttt~bull~~~~~~~~~~~~~=~~~~~~~l~riir~ 13 May-11 500000 6110238 C
C14 Jun-11 500000 6115238
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11f-------1
191--_ _N__o_v_-11j
20 Dec-111---____--1 21 Jan-12
1--------1
~ 22 Feb-12 (___j 23 Mar-12
1---______~
(~~ nrlrl Anr_-_1 ) housand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application bull
(3) Projected Admin includes estimated fees from STO SCO and DOF
500000
500000
6120238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125000
c c c c c c c c c c
State of California- State Treasurers Office LOAN REQUEST New Loan fZ1 Renewal 0
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs II ~o~~LNO~LY ( 0 OOltoC
~ PART L LOAN REQUESTBOND PROGRAM INFORMATION f~ (Completed by Requesting Department) bull artment I Total Project Appropriation Amount Requested -corrections and Rehabilitation middot i $30000000000 I $682600000 middot----middot~---------middot--middotmiddot--middot-middot------middot----middot--middot----------------------middot------------middot--lmiddot------middotmiddot----middot-----middot-middot-middot-middot-l---middot-middot--middot-middot-----middot------- shyAppropriation(s) to be Funded ~71B -~ Statutory Authority I Date Funds Needed SB 81 Ch 17507 (as amended 8rpoundG 1828 Ch 729Mf) i Welfare and Institutions Code Chapter I 6182011 5225-801-0660 6101753 M3 l 15 Article 3 Sectio~970 1~11 I
_-Q~-~-X~~~fl9ffeE~~ Reh__Qilit~_i~~EiiEJ~~hasc I_ middot ~t1fgtDepartment Contact Titl~---middotmiddot--middot---middotmiddot------middot---middot----middot-middot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middot----middotmiddotmiddot-middotrmiddotPho~middot~~--------
i~~~~ffi(~O~~~~~-~-T fB d J General Obligation ReVeiiue
-N~~~~orb~middotmiddot~dAsp-elfAg~icI~~rg____0_~_21~-eJf-Jgi9_ainK--middotmiddot middotmiddot-~~~~~s-PPs~~~~tilmiddot~middotmiddotmiddotr~o-t~middotmiddot----131Bmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddot--middot--middotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddot-middot--middot-stanislaus County Juvenile ~ommitment Center
Appropriation to be Used D G C Section 167246 Project Contact (SPWB Only) I Phone middot~middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot
for STO Admin Costs D Other__ Darlene Maston I 916-255-2237 state con tr~ji~~middot~middot-middotorfi~middot~middotmiddotp~~imiddottc-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-shy middot-middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddot middotmiddotmiddothasemiddotmiddotrjgtmiddotJ-~middotimiddotmiddotcseTeZimiddotmiddotaIcmiddotmiddotitmiddotmiddotmiddot~iJmiddotiJiy)~middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotpoundsimiddotj~~middotCiTe~i-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot
0 A 0 PP 0 WD fZI C 0 E 0 D-B Completion Date 2152013
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments I 0 To fund an escrow or condenmation deposit fund 0 To pay vendors directly 0 To finance loans to persons other than governmental entities fZI To reimburse local government for vendor payments 0 To make advances to State Architect Revolving Fund D In a trade or business carried on by a nongovernmental person 1 If Yes specify DGS-PMB Project No (J0 To make advances to other state funds If yes specify
--A Will any part of the debt service on the bonds tl1at secure this loan be either secured by or paid from property used in a private business or from federal funds Yes 0 No fZI (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No O IfYES the repayments will be used to 0 pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
-----~i~-- fRol~I~~~~-----G~--~~~=~~=====Famp~=t=l==gF~
(
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
0 This application is reconnnended for approval subject to the following conditions D First$ to be used to payreduce existing PMIB loan _____ D Reduce amount of loan to $ _______
Conditions (ifltpplicable)
_O Ii~__ppJLc~ti~~i~ ~~~Ee~lt1~~9~~fo~E~~JQt~l1l~J~g_fi1~~1g_~RiY~~9~-middotmiddot-middotmiddot--middotmiddotmiddot-middotmiddotmiddot--middot-middot-middotmiddotmiddotmiddotmiddot-middot----~---middot-middot-------middotmiddotmiddot--middotmiddot-middot-----middotmiddotmiddotmiddot-middot---middot-middot-middot-middotmiddot--middotmiddotmiddotmiddotmiddot-signature Director Public Finance Division j Date
l 1 i
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
-middot~is request is recommended for Oapproval 0 rejection 0 modification ____pproved loan amount Loan to be made no sooner than _________ Loan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded
middot-s-gra~re~middot-Ex~-c-u-iT~e-semiddot~~eiarY----middot-middot-----middot-----middot--middot-middot----middotmiddot-middotmiddot-middot---------middot--middot----middot-middot----middot-middotmiddot-middotmiddot-middot------middot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddotmiddot------middot-middotmiddoto-aimiddot--middotmiddot-middotmiddotmiddot-middotmiddotmiddot-------middotmiddotmiddot-middotmiddot--middot-----middot----middotmiddotmiddotmiddot--middot-middot-middotmiddot
____
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
lo 006b _I
----middot-middot-middot-middot-~--middot1
r agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and 1----__ Pooled Money Investment Board (the Board) lends funds as specified below
Total project appropriation $30000000000 Proposed Funding Date 6182011
Loan Amount $682600000 At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state hoi iday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following
s~~~~r~~~ntl_~_~o --middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddot-middot---middot-middotmiddotmiddotmiddotmiddot-middot-middot-middot---middotmiddot-middot-middot-middotmiddotmiddotmiddot~~a~--middot--middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middot---middot-middot-middotmiddot-----middotmiddot-middotmiddot-middotmiddot---middot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot---middot--middot---middotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddot- middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot---middot~ i SB 81 Ch 17507 (as amended 8yen AIHI~middoth-7i91W) 5225-801-06606101753
1_1~pound~~-X~Il~~~IQ~I~~-~E_~p~_~y~_l~lti~i~~-~--~-tJgt~----middotmiddotmiddotmiddotmiddot-middot--middotmiddotmiddot-middot--middotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddot----middotmiddotmiddot-middotmiddotmiddot-middotmiddot--middot---middotmiddotmiddotmiddot--middotmiddot-middotmiddot-middot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot ----middot---jADMINISTRATIVE AUTHORIZATION
_ll_~_ltgt~--~-~C~-()_mm_~~pound~P~P~1bullfPP_lllI21E~2ll~~C-~Ctl_~lhQ~e~~Y~~iltgtSltgtf~iiSt~~Y~i_~ie~l~ol_lgt~~~_ _____________________ Adnrinistrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial
Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest fimiddotom the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan lfthe loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan middot
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds ofBonds or the proceeds of a new loan Payment from any other source is subject to appropriation
(~the State Legislatu_re
~lAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~PPI~CgtP~aisgt~~iJ~)_~_[ltE ~~hP~TP_~~~_---middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middot----middot-------middotmiddotmiddotmiddotmiddotmiddot-------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middot----middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddot middotmiddotmiddot--middotmiddot---middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddot---middot--middotmiddot---------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot i State Agency Name
jJ~P~r_lfl _lt_~E~~poundi~l~~l~_~~~~iol-----middot--middotmiddot--middotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddot--middot-- middotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddot--middot----- middotmiddotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddot----middot-middotmiddot--middot---middotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddot-middot--- middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot----middotmiddotmiddot--middotmiddotmiddot-- _
--T~=I ~~~~~~-i-~~=~~-~=---~-=cr~~__~~~~~~-~-=--middot~~-~--- middot-middotmiddotmiddotmiddot-middot-middoti -~-iAL 1 POOLED MONEY INVESTMENT BO i
iThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of
and the vote was as follows i
i_~_~-middot~-~~-~~~~-~=~~~~~ ____middotmiddot_=----~-~~-=~-~~middotmiddot~~~~sect-~~middot==-=~~-~middot~~~~middot~~=middotmiddot~middotmiddotmiddotmiddot~~=--~-==middot~~~-~-~~I~middot~middot~-middot~~~~Y~~~~middotmiddot~~-~~~~[middot~-~~~B~~~~=Ji Treasurer of the State of California I 1 l~MoHOoHHOHoH-gtHoooobull-bullbull-bullbullbullbullbull---middot-middot--bullbullbull-bullbull---middot-middotbull-MoOHHgtMHObullobulloo-bullbull-bullbull-bull-bullbull---bullbull--H--0-----middot-middotbull--middotmiddot-bullbullbullbullbullH~__-bullbullbullbull-bullbull+bullbull-HOoooOHooHooHoHooOHMo-oMo-oOOoO-Moooooo Moool
Controller of the State of California j j ji _MOOMOMOOMMO MOMM-__MMMMMOOMO---middot--middot--------middot--middotmiddot middotmiddotmiddot-middotmiddotmiddot-middotbullbullMMMOOMMO-MOOMMM _00-00Mbull-o0M_00000MOM-MMMMooMOMMOM-0000_0_00M--00000MMoM0-00-M000000000-0M000000-MOM-OOOM00000000-M0M00MM00000000MM00MOOOOMMiOMOM0_0_000000MOM-00000000-0MMO_M_ __ J- _ ___________________i______ Director of Finance of the State of California i ~-C-o~middot(jjtf)middot~~--(jf~ppif~~b-i~middot)~-----middotmiddot-middot--------middot-----middot--------------middot-------middotmiddotmiddotmiddot---middot-middot-----middotmiddotmiddot---middot---middot-------middot----middot--middotmiddot--middot--Lmiddotmiddot-middot-----middot--middot-middot---middotmiddotmiddot----middotmiddot-------L-----middot------middot-middot--------middot-i
I i jl-----middot-------middot-----middot-----middot----------middot--middot--middot------middot-----middot---------middot------------middot--middot------_____________________________________________-------------middot---middot-middot-middot-middot-middot--middot--middot--middot----middot-----middot----middot-middot_________________________s-_middot-----middot-middot--middot------middot---middot-li Executive Secretary of the Pooled Money Investment Board Date I I i i
i ~- l i
L---------middot----middot---middot---------middot-------------middot-----middot---middot--middot-----------middot--------middot-middot---------------------middot-middot---------middot---- ------middot--middot------middot-middot-middot---middot-middotmiddotmiddot---middot---middot-middot-------middot------middot-----middot-middot--middot----t--middot---middot---------middot------middot-middot-jmiddot-ISTRUCTIONS TO CONTROLLER
( J middotv Proceeds from this loan should be invested in the Surplus Money Investment Fund SMJF earnings and bond proceeds will pay interest ~ The General Fund will pay interest Do not invest loan proceeds in SMIF
Commercial Paper will be used to repay this loan Yes V No
Reserve $_______________ of the proceeds from this loan for Cost of Issuance PM IA interest and administrative costs
_~~~~~~0----
Rev (61 0)
MIA Loan Request for Revenue Bond Programs l Ol OObG
ashflow Statement
(~partment Name Corrections and Rehabilitation Project Name Stanislaus County Juvenile Commitment Center
~ Year 20112012 Est Project Completion Date 2152013
Date 5132011 Est Phase Completion Date NA Acquisition
6~826000 5132011
6212011 Work Draw
Loan Amount (1l __$ _____- Prelim Plans
Funds Disbursed to Date $ - Per SCO Report dated 0000 2152013 Constr (Zl
___---~---
Jame of Bond Program Lease Revenue-Stanislaus County Juvenile Commitment Ctr ___NA_____ Equip
_N_A_____ Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and the Next 12 Cumulative (APWCE
Year 0 n Actual Disbursements Months Disbursements D-B)
Prior yrsmiddot
1
2
3
4
0 5
6
7
8
9
10
11
12
16 11
17 Oct-11
18 Nov-11
19 Dec-11
20 Jan-12
21 Feb-12
22
(J 23
24
14
15
545 00000 552 500
818 00000 1 370 500 c 1 091 00000
1 091 00000
c
1 091 00000
1091 00000
c
1 091 00000
7 500
7 500
c
c
c
c
(1) Rounded up to nearest thousand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
0
_~~To_ ~- ~ 1shyl ~ 1gt1 0
0 OEPARTMENT OF EOMUNO G BROWN JRbullbull GOVERNOR
~-FDotF I N A N C E ----S-TA-TE-C~A-P-ITC-1-bull~R-o-o-M-~~45~~S-AC_RA_M_EN_T_o-C-A-bull-9-5~B~1--4-4~9-i=-B-8~www~~o-c~~CA-llc~v CFFICE CIF THE DIRECTCIR
May 12 2011
Mr Bill Dowell Administrator Pooled Money Investment Board 915 Capitol Mall Room 106 Sacramento CA 95814
Dear Mr Dowell
AB 55 Loan Application for County of Stanislaus Juvenile Commitment Center Project
The following detennination is respectfully submitted pursuant to the Pooled Money Investment Board Pooled Money Investment Account Loan Policy adopted October 20 2010
This loan request is for the states share of costs for the County of Stanislaus Juvenile Commitment Center Project one of many youthful offender rehabilitative facility projects included in the SB 81 Youthful Offender Rehabilitative Facilities Construction Financing Program middotIn this program the county rather than a state agency manages the construction contract and process Furthermore the county is responsible for a portion of the project costs including any project cost overruns Thus at this stage of the project it is fiscally prudent to fund the construction costsmiddot using an interim loan rather than to issue bonds until final costs are known and we are confident the county will have fully funded its share
Based on the factors noted above the Director of Finance has determined the project is not appropriate for upfront bond funding and therefore interim financing is necessary to fund the -construction phase of the project If you have any questions or need additional information regarding this matter please call Chris Lief Principal Program Budget Analyst at (916) 445-9694
ANAJMATOSANTOS Director By
1~ (-gt2--shyMICHAEL COHEN Chief Deputy Director
icc FINN ROGERS LIEF BENSON CF (3) SUSPENSE FILE 0
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs GoRsTo usE oNLY
IPMIB No loIooto3 agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and -~)ooled Money Investment Board (the Board) lends funds as specified below
Total project appropria~ion $1306200000 Proposed Funding Date 6172011 Loan Amount-$5000666r 1JQgt ODD 6b S T At the discretion of the Board and upon n6tice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special ---(ted obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation
( he State Legislature ~
LOAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
c_bullc croia91_~va~1~~1~ for suchE~lt-~-~____middot--middot------middot----------middot-middot---middot-middot-----middot----middot--middot-middot--middot----middot-----------middot----middot--middot--middot----------middot--middot-middot----------~ ate Agency Name i e art~_~_t of F~~EL~nd_~ire ~ro__~~~E-=Yl~~ H~ita_~~~~e=J~plac~_~~ili~Y--_middot-middot-middot----middot--~Q~~M~~~jpound~~~ 124sect~~-1 rectors Signature I ate 1 -n=~~middot~---~- ii~1-l rpooiED-MoNEviNvEsTMENTB-OAM~n~-iARvmiddots-middotcERTiFicAnoN--middot--middot-middot--middot---middot-middot f-Lf_Jt__1I V~CRE l
lj The Pooled Money Investment Board approved this Joan pursuant to Government Code Section 16312 in the amount of i =========== and the vote was as follows I
r~~~~~=~==--=-~~ i Controller ofthe State of California i i Director ofFinance of the State ofCalifm~ia middot-------middot-middot----middot-- -----middot-------middot---~----------1 --------middot - -------------middot-----middot---- ----------middot---- -----middot--------------middot---i
Conditions (if applicable) middot I -Executive Secretary of the Pocilect MoneyInvest~tBoardmiddot--------middot-------middot-middot------middot-----------middot----r-Date----middot-middot-~ i I
(~~)TJ3UCTIONS TO CONTROLLER -1
i __ Proceeds from this Joan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest
-=---The General Fund will pay interest Do not invest Joan proceedsect-in SMIF Commercial Paper will be used to repay this Joan Yes No
Reserve$_______________ of the proceeds from this loan for Cost oflssuance PMIA interest and administrative costs
-------
-------
7108-43010 22 55600
M
2~-~~~~------+---------~ 3~-____~~~----------+----------- 4~-_~~~------+--------
Nov-10
Dec-1 0
Jan-11
Feb-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
51 000 p
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
Rev (610)
MIA Loan Request for Revenue Bond Programs 1oleO~s ashflow Statement
(partment Name Department of Forestry and Fire Protection Project Name Vina Helitack Base Replace Facility ---_
Year 2011 Est Project Completion Date _ ___11__2__01--6__
Date 4282011 Est Phase Completion Date NA Acquisition
Loan Amount (1l $ 51000 612013 Prelim Plans __________ _ _____=___612014__Work DrawFunds Disbursed to
Date _$--___4_17_3_2_Per SCO Report dated 33011 112016 Constr(2l
~ame of Bond Program Public Buildings Construction Fund -------Equip
-------Design-Build ( 1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year P ction Disbursements Months Disbursements D-B)
Prior yrs
1
0 5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
0
22
p p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p p
State of California- State Treasurers Office LOAN REQUEST New Loan 0 Renewall8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs PMIBUN01Y I0 I 00fo4 PART I LOAN REQUESTBOND PROGRAM INFORMATION
~ (Completed by Requesting Department) artment Total Project Appropriation Amount Requested fl)fI
~ 6-estry and Fire Protection $4553400000 bull ~0t11~1 (Ji) v v Appropriation(s) to be Funded -- 7-llj StatutoryAumiddot--th-o-ri--ty-----------L--=-bull-=Da_te-F-u-n-=-ds--N~eed-edCh17107 Item 3540-301-0660 (8) 1 Gov Code Sec15830 et seq l 6172011
plus interest and admin I IDepartment Contact -----------middot--middot------middot---+1-=Title---------middot--------+middot-pmiddot-h-o-n-e_______
Linda Webb middot IChief Accounting AA_ministator L(916) 653-8047
~=~~~~~~~rsName(i)ieaieprint) middot--------middot-middot---middot------~~_plusmni Q--- tf5J IJJ
Revenue [gj SPWB D Other--=-----middotmiddot--middot--middot--------middot-----middot---- shyName of SPWB or Other Project Growlersburg CC Replace Facility
-M-middot-~-~-M ---middotmiddotmiddot----middot-------middot---middot-middot--middot-middot---middot-middot Project COntact (SPWB-Only) ------middot-middot-middot-T-PhODe--middot----middotmiddot--middot-shy
~~~~~~~i~o~~~____B__ g~~~r~Q~~~-~~~~~J~1-- -~~t~~~~~~l-~~~Y~J~~-~~~~~~-~-~-~~---middot----middot-middot- State Controllers Office Fund Phase ofProject (select all that apply) Est Project Completion
0 A 18] PP D WD 0 C 0 E Date 4302017
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) D To make advances to local governments J 0 To fund an escrow or condernnationdeposit fund 18] To pay vendors directly I 0 To fmance loans to persons other than governmental entities 0 To reimburse local government for vendor payments 18] To make advances to State Architect Revolving Fund 0 In a trade or business carried on oy a nongovernmental person i IfYes specify DGS-PMB Project No 124628 0 To make advances to other state funds If yes specify
( Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private ~)business or from federal funds Yes 0 No 18] (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No 0 If YES the repayments will be used to D pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
---middot---middot-----middot----- ~dmi~is~~ive-i~i~--middot- middot-----middot---middot---middot---middotrResol~~oi~~~ber --~~~-~-middot Loan cp Date
-middot-----middot-----middot--middot-----middot-middot--middot-----middot-middot---middot---------middot--middot---______--l___________+-middot-middotr=middotmiddot-middot--t--middot--~middot--middot----middot--r=-middot--middot-middot+-middot-----middot----middot--middot---middot-11
~~~-~li~_F2Eks ~Q~~-- --middot-middot--middotmiddot--______middot--middot----middot------i---- -- [ J middot rgj LJ middot--~pound~~QQ-
--middot-middot-----middot--middot _ ________middot-middot--middot-middot-+---middot--middot--middot-- --lr--blo -middot-middot-61___ ----middot0 shy--- _middot---middot--middot--middot--middot-middot----middot----middot------ --- ____ __ middotmiddot--middot--------- ____ D I 0
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
181 This application is recommended for approval subject to the following conditions ~ First$ 15lti10QQ 0deg to be used to payreduce existing PMIB loan l C fXgtO 5 D Reduce amount of loan to $ _______
Conditions (if applicable)
JJ3~~~is tJot recotru~_tJ_~ed for -EP9Y~~~he P~bli~X~~_Ece Divis_9g__________~-middot---middot-------middotmiddot---Signature Director Public Finance Division Date
I PARTIII RECOMMENDATION
(Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval 0 rejection 0 modification middot Loan to be made no sooner than _________
~oan is due 364 days (or the next preceding business day if the due date falls on a ~tate holiday a Saturday or a Sunday) from the date the loan is funded--------middot---------------- shy ---------------------------middot shySignature Executive Secretary Date
( shy ---)Proved loan amount
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I~~I~u~crLYf o1oo~y (agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ~1ooled Money Investment Board (the B~ard) lends funds as specified below
Total project appropriation $4553400000 C( Proposed Funding Date 6172011 Loan Amount $175666600-- 1l 11 S ODD C5b At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds ofthe loan are to be used only for the purposes authorized for use of the proceeds of the sale ofbonds (Bonds) authorized by the following
ADMINISTRATIVE AUTHORIZATION rThe ~o~d sale _ltom~ercia_Paper if aPQiicable a~d this IO~f_lVe been authorizlaquo_c_~Y~~tilaquoJns of a~_nistrativ_laquo__ctitie~as foll_Q_ws ---middotmiddot--- 1 Admllllstrat1ve Entr_l ResolutwnOther 1 Date i
r~st~~~~blipound~~~~~3o~i~----middotmiddot~=~~===~_l_======~~=~=~=-==-===~==r-_2~(~Qii==~~=---==-=~====~-~l t=~==~~~=~=~=~~~~====~=~~==~==~=~=~~~----middotmiddot-middotmiddotmiddotmiddotmiddotmiddot -middotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot---middot-middotmiddotmiddot--middot--middotmiddotmiddot-middot--middot-middotmiddotmiddotmiddotmiddotmiddot---middot-middotmiddot-middotmiddot-----middot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot---middot middotmiddotmiddotmiddot---middotmiddot-middotmiddot-==~~~~~===~=~~~~~==~====~~~j
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special ---ited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation
( e State Legislature ______
LOAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
ro ri~i~~~~ailabl~f~_su~hJ21pound~~~middot=-middotmiddotmiddotmiddot-middotmiddot--middot-middot-middot-middot-middotmiddot----middot--middot--middot-middot-----middot--middot---middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-------middot--middot-----middot---middot--middot-middot-middot--middotmiddotmiddotmiddot-middotmiddot-----middot--middotmiddotmiddotmiddot---middotmiddot-middot---middot-middotmiddot-middot--shy~N~ I
o(~_ltgtE~~_J_and ~r_e PE~~tio_- G~ersJl~_g__ltf__~p-~-~-~~~j_l_iY-_________________________pG~~ll~~j_~~t ~~~~~
~~~----------~~~poQiEDMoNEYJNiiEsTMENT~CREJARYSCEiiTIFiCATION---~ The Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of 1
~-----=--~~~~~~--=--=~~~==~-=~~-~~~~==-~=~==~~~~~~~~====~-=--middot --middot-r--==~~~n~~==~= ~=~-=- 1Treasurer of the State of California --Controllero-ftheStateof Californiamiddot ------middotmiddot-middotmiddot middot-middot----------middot---- shy
~_~~=~~ SretoofCampifoffii =-==L-_ -----= I Executive Secretary of the Pooled Money Investment Board IDate I
~rfirucTIONS TO CONTROLLER J V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest ___ The General Fund will pay interest Do not invest loan proceeds in SMIF Commercial Paper will be used to repay this loan Yes V No
Reserve $__~____________ ofthe proceeds from this loan for Cost ofissuance PMIA interest and administrative costs
Rev (610)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
i~partment Name Department of Foresty and Fire Protection Project Name Growlersburg Conservation Camp ---shy
Year 2011 Est Project Completion Date
Date 4292011 Est Phase Completion Date
Loan Amount lt 1l $ 1751000
Funds Disbursed to Date $ 1 587371 Per SCO Report dated 33011
~arne of Bond Program Public Buildings Construction Fund
Priory
0
(J
rs
(1) (2)
Month and
Year
7107-4302010
Original
Projection
(3) (4)
Actual
Disbursements
Projections for
the Next 12
Months
1 632 5071)
1 May-1 0 -2 Jun-1 0 -3 Jul-1 0 -4 Aug-10 -5 Sep-1 0 -
6 Oct-10 -7 Nov-10 -8 Dec-10 middot -9 Jan-11 -
10 Feb-11 -11 Mar-11 -12 Apr-11 -
gti bull ~68911hter~~k~illlliili11famptilt0l~lt middotmiddotmiddotmiddot~
_ __430-=2017___
___NA~-- Acquisition
10302012 Prelim Plans
10302013 Work Draw
4302017 Constr lt2l
______ Equip
_______ Design-Build
(5) (6)
Phase of
Project
Cumulative (APWCE
Disbursements D-B)
1632507 p
1 632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1632507 p
1 632 507 p
1 632 507 p libullcmiddot~()qbull1 JjjfJS~~ ~middot I~Adr~~EN~I3l~~IZ middotd28tBni [D ~ G
lmrrKmiddotbullymiddot~r 1~b bull 11 v (5btJ()bi May-11
14
13
Jun-11
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11
19 Nov-11
20 Dec-11
21 Jan-12
22 Feb-12
23 Mar-12
(1 bullllnrlFrl lln Anr_j ) bullnno~n-4IHV-u
p1 750 824-p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824-p1 750 824 -p1 750 824 -p1 750 824 -p1 751 000 -
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
I
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal~
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs IPMIBUNO~LY 0 l DO laS PART I LOAN REQUESTBOND PROGRAM INFORMATION
(Completed by Requesting Department)
( rtment Total Project Appropriation 9Arnount Requested ~ 1shymiddot__ middotltartment of Education j SNQJS3Q()G66 -(J_vnDO() 1 $52800hl)0 ~z~ lt)C)O
Appropriation(s) to be Funded IStatutory Authority j Date Funds Needed Chapter 171 Statute of2007 Item 6110-301-0660(3) I Government Code Section 15830 1 6172011
I I I
Department Contact i Title I Phone Allen Young j DCMS 1 916-445-4557 Department Directors Name (please print) I Signatur~tPfA ID~~1fRichard Zeiger Chief Deputy Superintendent l k If
IGeneral Obligation Revenue (jType ofBonds ~SPWB 0 Other0 SelfLj91_Qatigg___ONpn-S~)fLiguidating -
Name ofSPWB or Other Project Academic Support Cores Bus Loop and Renovation
Name of GO Bond Act
-----middot---------------~-Project Contact (SPWB Only) ~ Phone middot
middot-middot~~ STO AdniE_Sost~---~ Other 9~middot15~_30 Appropriation to be Used D GC Section 167246
)e bb1-e WokM ----------middot(~I()-~~liD__ State Controllers Office Fund Phase of~ct (select all that apply) Est Project
D A Iamp] PP l WD D c DE D D-B Completion Date 4282014
Use of Loan Proceeds 1 Will any ofthe loan proceeds be used (Please check ifanswer is yes to any ofthe following)
D To make advances to local governments i D To fund an escrow or condemnation deposit fund IZJ To pay vendors directly I D To fmance loans to persons other than governmental entities D To reimburse local government for vendor payments I IZJ To make advances to State Architect Revolving Fund DIn a trade or business carried on by a nongovernmental person If Yes specify DGS-PMB Project No 124637 D To make advances to other state funds If yes specify
=)Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private business or from federal funds Yes D No IZJ (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No D IfYES the repayments will be used to D pay debt service or D to fund more projects middot
ADMINISTRATNE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES - lResolution Number I s T~--~--C~---Tmiddot---~ t
Administrative Entity i 1 1 1(GO ONLY) a e oan a e I i I i I--middot- shy
State Public Works Board------middot-____ - l -----=r -B-t---~-t--B- middot-F 9il42~o7___ _____
--middotmiddot--- 1 d--1--o---r-middoto---r-middot----shy1
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
lXI This application is recommended for approval subject to the following conditions ~ First$ 50(pJOOO 00 to be used to payreduce existing PMIB loan Of 000fo D Reduce amount ofloan to $ _______
Conditions (if applicable) Jd This aeelication i~ not r~commend~~ for aeeroval by the Public Fin311ce Divi_~_lmiddoto=nc__________-=----------- shySignature Director Public Finance Division j Date
I PART III RECOMMENDATION
(Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Dapproval D rejec~ion D modification -A-uproved loan amount ~ ~ Lo8p Jo be made riosooner than ( n is due 364 days (or the next preceding business day if the due date falls on a state holiday-a~s=-a-t-u-rd-=-a-y_o_r_a_S_u_n_d_ay) from
-ufe date the loan is funded middot Signature Executive Secretary Date
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I FOR STO USE ONLy
I PMIB NO I 0 I 00 5 l
Tb--agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( Jed Money Investment ~ard (the Board) lends funds as specified below -- j I 111Y27oOO Total project appropriation $163839QQOO Proposed Funding Date 6172011 Loan Amount $i1800fiOO E ~ 1OtgtO ~ At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business daymiddotifthe due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following ~tatu_es (Bo~-6~--- _ middot ___ l~h 171 Statute of2007 Item 6110-301-0660(3)shy middot=J ADMINISTRATIVE AUTHORIZATION The bond sale commercial ~er if lpoundPIicable1 and this loan have been autho~ized by_actions of administrative entities as follows
Administrative Entity I ResolutionOther I Date l
t=~te Pu_~ic ~orks Boar~=-~=~~--middot-r-~~~~~RRiova~~---------L~~~=-------middot-middot-middot-----middot--j The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the statemiddotagency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subJect to appropriation by the State Legislature
(~N RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
__IRl~l_i_~~~~ available foi_such_p~~~~
IState Agency Name middot -------1 __)~~artment of Educatio_n___ middot---- shyi Directors Signature llJpoundJmiddotState Public Works Board (if applicable)
Administrative Secretary Signature ~==~~~----~~21-tL__1
POOLED MONEY INVESTMENT BOARD EXECUTIVE SE-fl--f1
The Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of 1 and the vote was as follows
MEMBER ----+~middot-middotA_YE J N_0_1 Treasurer of the State of California ~
Controller ofthe State of California DirectorofFinanceoftheStm~-o~f~C~a~l~ipound~orn-~ia------------------middot--------------------~-------------------~--------middot
~--~--~--~777-------------------------------------------------~-----------------L-------I Conditions (if applicable)
Executive Secretary of the Pooled Money Investment Board Date
INSTRUCTIONS TO CONTROLLER0 V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest ~ ) The General Fund will pay interest Do not invest loan proceeds in SMIF
ccfmmercial Paper will be used to repay this loan Yes No
Reserve$_______________________ of the proceeds from this loan for Cost oflssuance PMIA interest and administrative costs
l
______
______
Rev (610)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(apartment Name Department of Education Project Name Academic Support Cores -~
middot Yea~ 2011-12 Est Project Completion Date 4282014
Date 472011 Est Phase Completion Date ___n~a____Acquisition
Loan Amount (1gt $ 529000___----=~~_
Funds Disbursed to Date _$___504l54_6_ Per SCO Report dated 33011
~ame of Bond Program Public Buildings Construction Fund
(1) (2)
Month and Original
Year Projection
Prior yrs
1
2
3
4
5
60 7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22 ~ 23
U 24
(3)
Actual
Disbursements
(4)
Projections for
the Next 12
Months
__5132_01_1___ Prei i m PI a ns
__4122_012=--- Work Draw 2282014
-~=___
(5)
Cumulative
Disbursements
Constr (2l
Equip
Design-Build
(6)
Phase of
Project
(APWCE
D-B)
(1) Rounded up to nearest thousand
47202054
232950
~~r~~~~~~i~~11
299f8gt4~g~middotmiddot~~-~~ ~ bullbullbull I ~~~~H~ bull J
ltfAmiddotIf~t17~1middot~middotamiddot no bullbull lmiddot pound~ 1 1 1it bullbull bull bull
middoty-ltbullbull11~~~)~~~-~~f~~f~middott- ~50(~00
472021 D
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 p
474350 p ~tgtpound~~a~1~~c 1) bull t~ ( ~
lt-Cimiddot~c~- 504middot309 IFIitiNr~ ~v~middot bullfg(7ff ft(bull-- 528middot 9373~~~i~~t~ ~-middot~ ~ ~0i~t~~nr1~
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
529000 p
12008-5201 0
Jun-10
Jul-1 0
Aug-10
Sep-10
Oct-10
Nov-10
Dec-10
Jan-11
Feb-11
Mar-11
Apr-11
May-11
JH_ter~$t~f~~n~~~-~i~~~ g8ffil81f~~j~~i
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
Apr-12
May-12
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal [8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs PMI~~~~LYr o( oos l
PART I LOAN REQUESTBOND PROGRAM INFORMATION Com leted b Re uestin De artment
middot ~~~mhn~e~n~t------------------------~~==irr~r~~==u~~-~==l~IFTT~om~lfP~r~~~middotedct~A~pprop~ri~a~tio~n~--fjAk~n~ou~nt~RR~~ues~ro~-----i~ _ i ~05300000 Go nr lTi~ntal ___________ Health ~~~~I D1 Qlt)------------middot-middot--1 $6589066-00-middot--middot--------middot-----middot-middot---middot-L____ ___________________________________________ -- shy
Appropriation(s) to be Funded Statutory Authority I Date Funds Needed Chapter 1712007 Item No 4440-301-0660(2) Government Code Sec 15830 et seq ~26~611 tmiddot7-
middot-middot----------middot--middot------------middot--middot-middot------------ ----middot-middot--middot--middot--------------- --------shyDepartment Contact Title j Phone David Harner middot Chief Hospital OpeationsFiscal Supp I (916) 654-3600 middotn~~~~~~s-~~~~~~t)middot-----middot------ --______rsiinatre-------------~----~ -middot~---middotr~=~~-----middot-middot---shy
i General ObligationT 0 fB dype on s D Self Li uidatin D Other N~~-roo i3-0~ltLA-t----middot-q_ltgt-=---~~-middot=-middot-middot==-middotO~-==--middot--middot---middotmiddot--ll-middot-a-nmiddot-e--o-f-sPWB_0middotzoihd_Pro]eCimiddot------middot--middot-middot-middot-middotmiddot-middot-middot-middot-middot-------- ---
tascadero State Hospital 258 Bed Hospital Remediation API-jricrti~-~i~-b~-u~~-- o___ltic~ti~~-i-67246middotmiddot--middot______ middotoject-cmiddoti-aCt(srwmiddoti3-o~l)r)______r-yJ10ilemiddot---middot--_ ____
~~i2~fo~~Ife~~s~f-fi~=c-middoteFD=ubullndo~hccer=~~=--- uDmiddotmiddotmiddotamiddot-$middotmiddot~~~~-~~-
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments -~ D To fund an escrow or condenmation deposit fund 0 To pay vendors directly i 0 To finance loans to persons other than governmental entities 0 To reimburse local government for vendor payments [8] To make advances to State Architect Revolving FundJ
0 In a trade or business carried on by a nongovernmental person i If Yes specify DGS-PvfB Project No 124473 0 To make advances to other state funds If yes specify
I Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private ~J business or from federal funds Yes D No [8J (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No O If YES the repayments will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
obullbullobullbullbull-bull-bullbullbullbullbullbull~bullbullbull--bullbull-_________________HH----__--f-MH-bull0bull----middot-middot--bull-bullbullbullbullbullbull-1-----MMI--MO-
Administrative Entity Resol~~ioo~L~umber I Sale i Loan I middot CP i Date -___--middot-middotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot----middot-middot--middotmiddotmiddot--middotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot----middot-middot-middot-middotmiddotmiddot-middotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot--- middotmiddot-middot----middotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddot-middot-middot-middot-_-middotmiddotmiddot-middotmiddotmiddot---middot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot---__L---middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middot State Public Works Board i 0 I [8] 0 7132007- ___ ______________- 1_ 0
u- - ____+- ~~--I0 I
PART II RECOMMENDATION AND CONDITIONSshy(Completed by Public Finance Division of the State Treasurers Office)
~ This application is recommended for approval subject to the following conditions 0 First $ tlt bj used to payreduce existing PMIB loan __middot___ Kl Reduce amount ofloan to$ (DJ as JQaOO
Conditions (if applicable) middot
-~iniz~~~51~~E~u~ii~~~~~~~~~yent~d_f~r~EPr~~-~~L~~~~EJi~~il~~~-2i~i~ilt~--middot----___________________loaie--middot---_________
I
_
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval D rejection 0 modification middotj-middot~proved loan amount i _ Loan to be made no sooner than
an is due 364 days (or the next preceding business day if the due date falls on a state holiday_a_S_a-tu_r_d_a_y_o_r_a_S_u_n_d_a_y) from the date the loan is funded
Signarme E~etive Secretacy-----middot---middot-middot--middot-middot-middot------middot--------------------------middot--middotDate----------middot----------middot---shy
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
s agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( 1
bull ooled Money Investment Board (the Board) lends funds as specified below ~ ~ Total project appropriation $659800000 ~ Proposed Funding Date 51262611 G I J Loan Amount ~9S300()()0 -o-12-S bO
At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the Joan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Mpney Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale ofbonds (Bonds) authorized by the following statutes (Bond Act) rmiddotmiddotchapt-i7iifoo7~it~~-N~~444o3oio66o(i)- - -middot-middot-middotmiddot- middot-middot-middotmiddot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddot-middotmiddotmiddotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddot--_---middotmiddotmiddot-middot-middotmiddot-middotmiddot----middotmiddot--middot-l bull--bull-bull-Hbull---middot--middot-middot----bullbullbullbull--bullbullbull-bull-________________m_______________________________________l
ADMINISTRATIVE AUTHORIZATION _~_P-~f~l~-~-ltial_p_lPtJLlP~ipound1tltd tl~Jll_l~~-~~~ll~-~-I~~~EiY_~iQ~~-lfl~ilJ~rl~~-i~~flJ2)VS middot-------middot- Administrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act pennits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation by the State Legislature
OAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~EPE9Pi~i9P~Y~i~~~f9E_S~~hP~-9~~__________________
L~~~~~~~rM~n~ ~l~-middot-middot--__------middot------_ ___________________ ---middotmiddotmiddot J
~~-~~~~-----~~~~ L~~~~~-imiddot~middot~middot~middot~middoti~~~_S~~~~~-r ____d____-_________- __l~~gtltltlJI POOLED MONEY INVESTMENT BOARD EXECUTIVE SECRETARYS CERTIFICATION i 1IThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of __ and the vote was ___ as follows __- - __ r---middot-middot- __ ____ ______ ____ ___ ___j
~~~~~-~-plusmn=~- Director of Finance of the State of California
middot----middotmiddot-middotmiddotmiddot--middot~middot---------middotmiddotmiddot--middotmiddot-middot----middot-middot---middotmiddotmiddot-middot---middot-middotmiddot-----middot--middot-----------middot-middot-middotmiddot---middot-middot---middot--------middot-middot-----middot--middot---middot---middot--middot--middotmiddot--middot-middot----middot-middot--1-~--~middot~middotmiddot--middot-middotmiddotmiddot-~~ Conditions (if applicable)
middot-E~c~tivmiddots~~~tarymiddotrmiddotilieP~~~~dMo~-~YI~~t1 Boad-middot-middot--------middot-middot-middot-middot-------middot---- ________________ __TD~t~-middot-middot------middot-middot1 i ~-----middotmiddot---middot-middot--_________- ---middot--middot-----middot----middot----------middot-middot--middot-middot----------middot-------__________J____________l
INSTRUCTIONS TO CONTROLLER I i ~ 1 ~-~ Proceeds from this loan should be invested in the Surplus MoneYinvestirtent Fund SMIF earnings and bond proceeds will pay interest
) The General Fund will pay interest Do not invest loan proceeds in SMIF lCommercial Paper will be used to repay this loan Y~s middot - V No
Reserve $ _______________ of the proceeds from this loan for Cost of Issuance PMIA interest and administrative costs
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(epartment Name Department of Mental Health Project Name Atascadero 250-Bed Remediation ---_
- Year 2011 Est Project Completion Date 10302010
Date 412011 Est Phase Completion Date Acquisition
Loan Amount lt1l $ 6125000 Prelim Plans
Work Draw Funds Disbursed to Date $ 6038196 Per SCO Report dated 52411 1112009 Constr lt2l
~ame of Bond Program Public Buildings Construction Fund Equip
Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year Projection Disbursements Months Disbursements D-B)
0
Prior yrs 571970200 5719702
1 May-10 1302600 5732728 c 2 Jun-10 1336000 2142000 5754148 c 3 Jul-10 1336000 1882900 5772977 c 4 Aug-10 1336000 5772977 c 5 Sep-10 1336000 183700 5774814 c 6 Oct-10 334000 601200 5780826 c 7 Nov-10 384100 5784667 c 8 Dec-10 133600 5786003 c 9 Jan-11 5786003 c
10 Feb-11 5786003 c 11 Mar-11 5786003 c 12 Apr-11 6925800 5855261 C
~~~~~]~mlftltttt~bull~~~~~~~~~~~~~=~~~~~~~l~riir~ 13 May-11 500000 6110238 C
C14 Jun-11 500000 6115238
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11f-------1
191--_ _N__o_v_-11j
20 Dec-111---____--1 21 Jan-12
1--------1
~ 22 Feb-12 (___j 23 Mar-12
1---______~
(~~ nrlrl Anr_-_1 ) housand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application bull
(3) Projected Admin includes estimated fees from STO SCO and DOF
500000
500000
6120238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125000
c c c c c c c c c c
State of California- State Treasurers Office LOAN REQUEST New Loan fZ1 Renewal 0
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs II ~o~~LNO~LY ( 0 OOltoC
~ PART L LOAN REQUESTBOND PROGRAM INFORMATION f~ (Completed by Requesting Department) bull artment I Total Project Appropriation Amount Requested -corrections and Rehabilitation middot i $30000000000 I $682600000 middot----middot~---------middot--middotmiddot--middot-middot------middot----middot--middot----------------------middot------------middot--lmiddot------middotmiddot----middot-----middot-middot-middot-middot-l---middot-middot--middot-middot-----middot------- shyAppropriation(s) to be Funded ~71B -~ Statutory Authority I Date Funds Needed SB 81 Ch 17507 (as amended 8rpoundG 1828 Ch 729Mf) i Welfare and Institutions Code Chapter I 6182011 5225-801-0660 6101753 M3 l 15 Article 3 Sectio~970 1~11 I
_-Q~-~-X~~~fl9ffeE~~ Reh__Qilit~_i~~EiiEJ~~hasc I_ middot ~t1fgtDepartment Contact Titl~---middotmiddot--middot---middotmiddot------middot---middot----middot-middot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middot----middotmiddotmiddot-middotrmiddotPho~middot~~--------
i~~~~ffi(~O~~~~~-~-T fB d J General Obligation ReVeiiue
-N~~~~orb~middotmiddot~dAsp-elfAg~icI~~rg____0_~_21~-eJf-Jgi9_ainK--middotmiddot middotmiddot-~~~~~s-PPs~~~~tilmiddot~middotmiddotmiddotr~o-t~middotmiddot----131Bmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddot--middot--middotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddot-middot--middot-stanislaus County Juvenile ~ommitment Center
Appropriation to be Used D G C Section 167246 Project Contact (SPWB Only) I Phone middot~middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot
for STO Admin Costs D Other__ Darlene Maston I 916-255-2237 state con tr~ji~~middot~middot-middotorfi~middot~middotmiddotp~~imiddottc-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-shy middot-middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddot middotmiddotmiddothasemiddotmiddotrjgtmiddotJ-~middotimiddotmiddotcseTeZimiddotmiddotaIcmiddotmiddotitmiddotmiddotmiddot~iJmiddotiJiy)~middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotpoundsimiddotj~~middotCiTe~i-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot
0 A 0 PP 0 WD fZI C 0 E 0 D-B Completion Date 2152013
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments I 0 To fund an escrow or condenmation deposit fund 0 To pay vendors directly 0 To finance loans to persons other than governmental entities fZI To reimburse local government for vendor payments 0 To make advances to State Architect Revolving Fund D In a trade or business carried on by a nongovernmental person 1 If Yes specify DGS-PMB Project No (J0 To make advances to other state funds If yes specify
--A Will any part of the debt service on the bonds tl1at secure this loan be either secured by or paid from property used in a private business or from federal funds Yes 0 No fZI (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No O IfYES the repayments will be used to 0 pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
-----~i~-- fRol~I~~~~-----G~--~~~=~~=====Famp~=t=l==gF~
(
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
0 This application is reconnnended for approval subject to the following conditions D First$ to be used to payreduce existing PMIB loan _____ D Reduce amount of loan to $ _______
Conditions (ifltpplicable)
_O Ii~__ppJLc~ti~~i~ ~~~Ee~lt1~~9~~fo~E~~JQt~l1l~J~g_fi1~~1g_~RiY~~9~-middotmiddot-middotmiddot--middotmiddotmiddot-middotmiddotmiddot--middot-middot-middotmiddotmiddotmiddotmiddot-middot----~---middot-middot-------middotmiddotmiddot--middotmiddot-middot-----middotmiddotmiddotmiddot-middot---middot-middot-middot-middotmiddot--middotmiddotmiddotmiddotmiddot-signature Director Public Finance Division j Date
l 1 i
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
-middot~is request is recommended for Oapproval 0 rejection 0 modification ____pproved loan amount Loan to be made no sooner than _________ Loan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded
middot-s-gra~re~middot-Ex~-c-u-iT~e-semiddot~~eiarY----middot-middot-----middot-----middot--middot-middot----middotmiddot-middotmiddot-middot---------middot--middot----middot-middot----middot-middotmiddot-middotmiddot-middot------middot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddotmiddot------middot-middotmiddoto-aimiddot--middotmiddot-middotmiddotmiddot-middotmiddotmiddot-------middotmiddotmiddot-middotmiddot--middot-----middot----middotmiddotmiddotmiddot--middot-middot-middotmiddot
____
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
lo 006b _I
----middot-middot-middot-middot-~--middot1
r agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and 1----__ Pooled Money Investment Board (the Board) lends funds as specified below
Total project appropriation $30000000000 Proposed Funding Date 6182011
Loan Amount $682600000 At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state hoi iday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following
s~~~~r~~~ntl_~_~o --middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddot-middot---middot-middotmiddotmiddotmiddotmiddot-middot-middot-middot---middotmiddot-middot-middot-middotmiddotmiddotmiddot~~a~--middot--middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middot---middot-middot-middotmiddot-----middotmiddot-middotmiddot-middotmiddot---middot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot---middot--middot---middotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddot- middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot---middot~ i SB 81 Ch 17507 (as amended 8yen AIHI~middoth-7i91W) 5225-801-06606101753
1_1~pound~~-X~Il~~~IQ~I~~-~E_~p~_~y~_l~lti~i~~-~--~-tJgt~----middotmiddotmiddotmiddotmiddot-middot--middotmiddotmiddot-middot--middotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddot----middotmiddotmiddot-middotmiddotmiddot-middotmiddot--middot---middotmiddotmiddotmiddot--middotmiddot-middotmiddot-middot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot ----middot---jADMINISTRATIVE AUTHORIZATION
_ll_~_ltgt~--~-~C~-()_mm_~~pound~P~P~1bullfPP_lllI21E~2ll~~C-~Ctl_~lhQ~e~~Y~~iltgtSltgtf~iiSt~~Y~i_~ie~l~ol_lgt~~~_ _____________________ Adnrinistrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial
Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest fimiddotom the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan lfthe loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan middot
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds ofBonds or the proceeds of a new loan Payment from any other source is subject to appropriation
(~the State Legislatu_re
~lAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~PPI~CgtP~aisgt~~iJ~)_~_[ltE ~~hP~TP_~~~_---middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middot----middot-------middotmiddotmiddotmiddotmiddotmiddot-------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middot----middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddot middotmiddotmiddot--middotmiddot---middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddot---middot--middotmiddot---------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot i State Agency Name
jJ~P~r_lfl _lt_~E~~poundi~l~~l~_~~~~iol-----middot--middotmiddot--middotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddot--middot-- middotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddot--middot----- middotmiddotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddot----middot-middotmiddot--middot---middotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddot-middot--- middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot----middotmiddotmiddot--middotmiddotmiddot-- _
--T~=I ~~~~~~-i-~~=~~-~=---~-=cr~~__~~~~~~-~-=--middot~~-~--- middot-middotmiddotmiddotmiddot-middot-middoti -~-iAL 1 POOLED MONEY INVESTMENT BO i
iThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of
and the vote was as follows i
i_~_~-middot~-~~-~~~~-~=~~~~~ ____middotmiddot_=----~-~~-=~-~~middotmiddot~~~~sect-~~middot==-=~~-~middot~~~~middot~~=middotmiddot~middotmiddotmiddotmiddot~~=--~-==middot~~~-~-~~I~middot~middot~-middot~~~~Y~~~~middotmiddot~~-~~~~[middot~-~~~B~~~~=Ji Treasurer of the State of California I 1 l~MoHOoHHOHoH-gtHoooobull-bullbull-bullbullbullbullbull---middot-middot--bullbullbull-bullbull---middot-middotbull-MoOHHgtMHObullobulloo-bullbull-bullbull-bull-bullbull---bullbull--H--0-----middot-middotbull--middotmiddot-bullbullbullbullbullH~__-bullbullbullbull-bullbull+bullbull-HOoooOHooHooHoHooOHMo-oMo-oOOoO-Moooooo Moool
Controller of the State of California j j ji _MOOMOMOOMMO MOMM-__MMMMMOOMO---middot--middot--------middot--middotmiddot middotmiddotmiddot-middotmiddotmiddot-middotbullbullMMMOOMMO-MOOMMM _00-00Mbull-o0M_00000MOM-MMMMooMOMMOM-0000_0_00M--00000MMoM0-00-M000000000-0M000000-MOM-OOOM00000000-M0M00MM00000000MM00MOOOOMMiOMOM0_0_000000MOM-00000000-0MMO_M_ __ J- _ ___________________i______ Director of Finance of the State of California i ~-C-o~middot(jjtf)middot~~--(jf~ppif~~b-i~middot)~-----middotmiddot-middot--------middot-----middot--------------middot-------middotmiddotmiddotmiddot---middot-middot-----middotmiddotmiddot---middot---middot-------middot----middot--middotmiddot--middot--Lmiddotmiddot-middot-----middot--middot-middot---middotmiddotmiddot----middotmiddot-------L-----middot------middot-middot--------middot-i
I i jl-----middot-------middot-----middot-----middot----------middot--middot--middot------middot-----middot---------middot------------middot--middot------_____________________________________________-------------middot---middot-middot-middot-middot-middot--middot--middot--middot----middot-----middot----middot-middot_________________________s-_middot-----middot-middot--middot------middot---middot-li Executive Secretary of the Pooled Money Investment Board Date I I i i
i ~- l i
L---------middot----middot---middot---------middot-------------middot-----middot---middot--middot-----------middot--------middot-middot---------------------middot-middot---------middot---- ------middot--middot------middot-middot-middot---middot-middotmiddotmiddot---middot---middot-middot-------middot------middot-----middot-middot--middot----t--middot---middot---------middot------middot-middot-jmiddot-ISTRUCTIONS TO CONTROLLER
( J middotv Proceeds from this loan should be invested in the Surplus Money Investment Fund SMJF earnings and bond proceeds will pay interest ~ The General Fund will pay interest Do not invest loan proceeds in SMIF
Commercial Paper will be used to repay this loan Yes V No
Reserve $_______________ of the proceeds from this loan for Cost of Issuance PM IA interest and administrative costs
_~~~~~~0----
Rev (61 0)
MIA Loan Request for Revenue Bond Programs l Ol OObG
ashflow Statement
(~partment Name Corrections and Rehabilitation Project Name Stanislaus County Juvenile Commitment Center
~ Year 20112012 Est Project Completion Date 2152013
Date 5132011 Est Phase Completion Date NA Acquisition
6~826000 5132011
6212011 Work Draw
Loan Amount (1l __$ _____- Prelim Plans
Funds Disbursed to Date $ - Per SCO Report dated 0000 2152013 Constr (Zl
___---~---
Jame of Bond Program Lease Revenue-Stanislaus County Juvenile Commitment Ctr ___NA_____ Equip
_N_A_____ Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and the Next 12 Cumulative (APWCE
Year 0 n Actual Disbursements Months Disbursements D-B)
Prior yrsmiddot
1
2
3
4
0 5
6
7
8
9
10
11
12
16 11
17 Oct-11
18 Nov-11
19 Dec-11
20 Jan-12
21 Feb-12
22
(J 23
24
14
15
545 00000 552 500
818 00000 1 370 500 c 1 091 00000
1 091 00000
c
1 091 00000
1091 00000
c
1 091 00000
7 500
7 500
c
c
c
c
(1) Rounded up to nearest thousand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
0
_~~To_ ~- ~ 1shyl ~ 1gt1 0
0 OEPARTMENT OF EOMUNO G BROWN JRbullbull GOVERNOR
~-FDotF I N A N C E ----S-TA-TE-C~A-P-ITC-1-bull~R-o-o-M-~~45~~S-AC_RA_M_EN_T_o-C-A-bull-9-5~B~1--4-4~9-i=-B-8~www~~o-c~~CA-llc~v CFFICE CIF THE DIRECTCIR
May 12 2011
Mr Bill Dowell Administrator Pooled Money Investment Board 915 Capitol Mall Room 106 Sacramento CA 95814
Dear Mr Dowell
AB 55 Loan Application for County of Stanislaus Juvenile Commitment Center Project
The following detennination is respectfully submitted pursuant to the Pooled Money Investment Board Pooled Money Investment Account Loan Policy adopted October 20 2010
This loan request is for the states share of costs for the County of Stanislaus Juvenile Commitment Center Project one of many youthful offender rehabilitative facility projects included in the SB 81 Youthful Offender Rehabilitative Facilities Construction Financing Program middotIn this program the county rather than a state agency manages the construction contract and process Furthermore the county is responsible for a portion of the project costs including any project cost overruns Thus at this stage of the project it is fiscally prudent to fund the construction costsmiddot using an interim loan rather than to issue bonds until final costs are known and we are confident the county will have fully funded its share
Based on the factors noted above the Director of Finance has determined the project is not appropriate for upfront bond funding and therefore interim financing is necessary to fund the -construction phase of the project If you have any questions or need additional information regarding this matter please call Chris Lief Principal Program Budget Analyst at (916) 445-9694
ANAJMATOSANTOS Director By
1~ (-gt2--shyMICHAEL COHEN Chief Deputy Director
icc FINN ROGERS LIEF BENSON CF (3) SUSPENSE FILE 0
-------
-------
7108-43010 22 55600
M
2~-~~~~------+---------~ 3~-____~~~----------+----------- 4~-_~~~------+--------
Nov-10
Dec-1 0
Jan-11
Feb-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
50 579 p
51 000 p
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
Rev (610)
MIA Loan Request for Revenue Bond Programs 1oleO~s ashflow Statement
(partment Name Department of Forestry and Fire Protection Project Name Vina Helitack Base Replace Facility ---_
Year 2011 Est Project Completion Date _ ___11__2__01--6__
Date 4282011 Est Phase Completion Date NA Acquisition
Loan Amount (1l $ 51000 612013 Prelim Plans __________ _ _____=___612014__Work DrawFunds Disbursed to
Date _$--___4_17_3_2_Per SCO Report dated 33011 112016 Constr(2l
~ame of Bond Program Public Buildings Construction Fund -------Equip
-------Design-Build ( 1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year P ction Disbursements Months Disbursements D-B)
Prior yrs
1
0 5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
0
22
p p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p
22 556 p p
State of California- State Treasurers Office LOAN REQUEST New Loan 0 Renewall8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs PMIBUN01Y I0 I 00fo4 PART I LOAN REQUESTBOND PROGRAM INFORMATION
~ (Completed by Requesting Department) artment Total Project Appropriation Amount Requested fl)fI
~ 6-estry and Fire Protection $4553400000 bull ~0t11~1 (Ji) v v Appropriation(s) to be Funded -- 7-llj StatutoryAumiddot--th-o-ri--ty-----------L--=-bull-=Da_te-F-u-n-=-ds--N~eed-edCh17107 Item 3540-301-0660 (8) 1 Gov Code Sec15830 et seq l 6172011
plus interest and admin I IDepartment Contact -----------middot--middot------middot---+1-=Title---------middot--------+middot-pmiddot-h-o-n-e_______
Linda Webb middot IChief Accounting AA_ministator L(916) 653-8047
~=~~~~~~~rsName(i)ieaieprint) middot--------middot-middot---middot------~~_plusmni Q--- tf5J IJJ
Revenue [gj SPWB D Other--=-----middotmiddot--middot--middot--------middot-----middot---- shyName of SPWB or Other Project Growlersburg CC Replace Facility
-M-middot-~-~-M ---middotmiddotmiddot----middot-------middot---middot-middot--middot-middot---middot-middot Project COntact (SPWB-Only) ------middot-middot-middot-T-PhODe--middot----middotmiddot--middot-shy
~~~~~~~i~o~~~____B__ g~~~r~Q~~~-~~~~~J~1-- -~~t~~~~~~l-~~~Y~J~~-~~~~~~-~-~-~~---middot----middot-middot- State Controllers Office Fund Phase ofProject (select all that apply) Est Project Completion
0 A 18] PP D WD 0 C 0 E Date 4302017
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) D To make advances to local governments J 0 To fund an escrow or condernnationdeposit fund 18] To pay vendors directly I 0 To fmance loans to persons other than governmental entities 0 To reimburse local government for vendor payments 18] To make advances to State Architect Revolving Fund 0 In a trade or business carried on oy a nongovernmental person i IfYes specify DGS-PMB Project No 124628 0 To make advances to other state funds If yes specify
( Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private ~)business or from federal funds Yes 0 No 18] (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No 0 If YES the repayments will be used to D pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
---middot---middot-----middot----- ~dmi~is~~ive-i~i~--middot- middot-----middot---middot---middot---middotrResol~~oi~~~ber --~~~-~-middot Loan cp Date
-middot-----middot-----middot--middot-----middot-middot--middot-----middot-middot---middot---------middot--middot---______--l___________+-middot-middotr=middotmiddot-middot--t--middot--~middot--middot----middot--r=-middot--middot-middot+-middot-----middot----middot--middot---middot-11
~~~-~li~_F2Eks ~Q~~-- --middot-middot--middotmiddot--______middot--middot----middot------i---- -- [ J middot rgj LJ middot--~pound~~QQ-
--middot-middot-----middot--middot _ ________middot-middot--middot-middot-+---middot--middot--middot-- --lr--blo -middot-middot-61___ ----middot0 shy--- _middot---middot--middot--middot--middot-middot----middot----middot------ --- ____ __ middotmiddot--middot--------- ____ D I 0
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
181 This application is recommended for approval subject to the following conditions ~ First$ 15lti10QQ 0deg to be used to payreduce existing PMIB loan l C fXgtO 5 D Reduce amount of loan to $ _______
Conditions (if applicable)
JJ3~~~is tJot recotru~_tJ_~ed for -EP9Y~~~he P~bli~X~~_Ece Divis_9g__________~-middot---middot-------middotmiddot---Signature Director Public Finance Division Date
I PARTIII RECOMMENDATION
(Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval 0 rejection 0 modification middot Loan to be made no sooner than _________
~oan is due 364 days (or the next preceding business day if the due date falls on a ~tate holiday a Saturday or a Sunday) from the date the loan is funded--------middot---------------- shy ---------------------------middot shySignature Executive Secretary Date
( shy ---)Proved loan amount
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I~~I~u~crLYf o1oo~y (agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ~1ooled Money Investment Board (the B~ard) lends funds as specified below
Total project appropriation $4553400000 C( Proposed Funding Date 6172011 Loan Amount $175666600-- 1l 11 S ODD C5b At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds ofthe loan are to be used only for the purposes authorized for use of the proceeds of the sale ofbonds (Bonds) authorized by the following
ADMINISTRATIVE AUTHORIZATION rThe ~o~d sale _ltom~ercia_Paper if aPQiicable a~d this IO~f_lVe been authorizlaquo_c_~Y~~tilaquoJns of a~_nistrativ_laquo__ctitie~as foll_Q_ws ---middotmiddot--- 1 Admllllstrat1ve Entr_l ResolutwnOther 1 Date i
r~st~~~~blipound~~~~~3o~i~----middotmiddot~=~~===~_l_======~~=~=~=-==-===~==r-_2~(~Qii==~~=---==-=~====~-~l t=~==~~~=~=~=~~~~====~=~~==~==~=~=~~~----middotmiddot-middotmiddotmiddotmiddotmiddotmiddot -middotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot---middot-middotmiddotmiddot--middot--middotmiddotmiddot-middot--middot-middotmiddotmiddotmiddotmiddotmiddot---middot-middotmiddot-middotmiddot-----middot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot---middot middotmiddotmiddotmiddot---middotmiddot-middotmiddot-==~~~~~===~=~~~~~==~====~~~j
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special ---ited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation
( e State Legislature ______
LOAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
ro ri~i~~~~ailabl~f~_su~hJ21pound~~~middot=-middotmiddotmiddotmiddot-middotmiddot--middot-middot-middot-middot-middotmiddot----middot--middot--middot-middot-----middot--middot---middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-------middot--middot-----middot---middot--middot-middot-middot--middotmiddotmiddotmiddot-middotmiddot-----middot--middotmiddotmiddotmiddot---middotmiddot-middot---middot-middotmiddot-middot--shy~N~ I
o(~_ltgtE~~_J_and ~r_e PE~~tio_- G~ersJl~_g__ltf__~p-~-~-~~~j_l_iY-_________________________pG~~ll~~j_~~t ~~~~~
~~~----------~~~poQiEDMoNEYJNiiEsTMENT~CREJARYSCEiiTIFiCATION---~ The Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of 1
~-----=--~~~~~~--=--=~~~==~-=~~-~~~~==-~=~==~~~~~~~~====~-=--middot --middot-r--==~~~n~~==~= ~=~-=- 1Treasurer of the State of California --Controllero-ftheStateof Californiamiddot ------middotmiddot-middotmiddot middot-middot----------middot---- shy
~_~~=~~ SretoofCampifoffii =-==L-_ -----= I Executive Secretary of the Pooled Money Investment Board IDate I
~rfirucTIONS TO CONTROLLER J V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest ___ The General Fund will pay interest Do not invest loan proceeds in SMIF Commercial Paper will be used to repay this loan Yes V No
Reserve $__~____________ ofthe proceeds from this loan for Cost ofissuance PMIA interest and administrative costs
Rev (610)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
i~partment Name Department of Foresty and Fire Protection Project Name Growlersburg Conservation Camp ---shy
Year 2011 Est Project Completion Date
Date 4292011 Est Phase Completion Date
Loan Amount lt 1l $ 1751000
Funds Disbursed to Date $ 1 587371 Per SCO Report dated 33011
~arne of Bond Program Public Buildings Construction Fund
Priory
0
(J
rs
(1) (2)
Month and
Year
7107-4302010
Original
Projection
(3) (4)
Actual
Disbursements
Projections for
the Next 12
Months
1 632 5071)
1 May-1 0 -2 Jun-1 0 -3 Jul-1 0 -4 Aug-10 -5 Sep-1 0 -
6 Oct-10 -7 Nov-10 -8 Dec-10 middot -9 Jan-11 -
10 Feb-11 -11 Mar-11 -12 Apr-11 -
gti bull ~68911hter~~k~illlliili11famptilt0l~lt middotmiddotmiddotmiddot~
_ __430-=2017___
___NA~-- Acquisition
10302012 Prelim Plans
10302013 Work Draw
4302017 Constr lt2l
______ Equip
_______ Design-Build
(5) (6)
Phase of
Project
Cumulative (APWCE
Disbursements D-B)
1632507 p
1 632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1632507 p
1 632 507 p
1 632 507 p libullcmiddot~()qbull1 JjjfJS~~ ~middot I~Adr~~EN~I3l~~IZ middotd28tBni [D ~ G
lmrrKmiddotbullymiddot~r 1~b bull 11 v (5btJ()bi May-11
14
13
Jun-11
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11
19 Nov-11
20 Dec-11
21 Jan-12
22 Feb-12
23 Mar-12
(1 bullllnrlFrl lln Anr_j ) bullnno~n-4IHV-u
p1 750 824-p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824-p1 750 824 -p1 750 824 -p1 750 824 -p1 751 000 -
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
I
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal~
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs IPMIBUNO~LY 0 l DO laS PART I LOAN REQUESTBOND PROGRAM INFORMATION
(Completed by Requesting Department)
( rtment Total Project Appropriation 9Arnount Requested ~ 1shymiddot__ middotltartment of Education j SNQJS3Q()G66 -(J_vnDO() 1 $52800hl)0 ~z~ lt)C)O
Appropriation(s) to be Funded IStatutory Authority j Date Funds Needed Chapter 171 Statute of2007 Item 6110-301-0660(3) I Government Code Section 15830 1 6172011
I I I
Department Contact i Title I Phone Allen Young j DCMS 1 916-445-4557 Department Directors Name (please print) I Signatur~tPfA ID~~1fRichard Zeiger Chief Deputy Superintendent l k If
IGeneral Obligation Revenue (jType ofBonds ~SPWB 0 Other0 SelfLj91_Qatigg___ONpn-S~)fLiguidating -
Name ofSPWB or Other Project Academic Support Cores Bus Loop and Renovation
Name of GO Bond Act
-----middot---------------~-Project Contact (SPWB Only) ~ Phone middot
middot-middot~~ STO AdniE_Sost~---~ Other 9~middot15~_30 Appropriation to be Used D GC Section 167246
)e bb1-e WokM ----------middot(~I()-~~liD__ State Controllers Office Fund Phase of~ct (select all that apply) Est Project
D A Iamp] PP l WD D c DE D D-B Completion Date 4282014
Use of Loan Proceeds 1 Will any ofthe loan proceeds be used (Please check ifanswer is yes to any ofthe following)
D To make advances to local governments i D To fund an escrow or condemnation deposit fund IZJ To pay vendors directly I D To fmance loans to persons other than governmental entities D To reimburse local government for vendor payments I IZJ To make advances to State Architect Revolving Fund DIn a trade or business carried on by a nongovernmental person If Yes specify DGS-PMB Project No 124637 D To make advances to other state funds If yes specify
=)Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private business or from federal funds Yes D No IZJ (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No D IfYES the repayments will be used to D pay debt service or D to fund more projects middot
ADMINISTRATNE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES - lResolution Number I s T~--~--C~---Tmiddot---~ t
Administrative Entity i 1 1 1(GO ONLY) a e oan a e I i I i I--middot- shy
State Public Works Board------middot-____ - l -----=r -B-t---~-t--B- middot-F 9il42~o7___ _____
--middotmiddot--- 1 d--1--o---r-middoto---r-middot----shy1
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
lXI This application is recommended for approval subject to the following conditions ~ First$ 50(pJOOO 00 to be used to payreduce existing PMIB loan Of 000fo D Reduce amount ofloan to $ _______
Conditions (if applicable) Jd This aeelication i~ not r~commend~~ for aeeroval by the Public Fin311ce Divi_~_lmiddoto=nc__________-=----------- shySignature Director Public Finance Division j Date
I PART III RECOMMENDATION
(Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Dapproval D rejec~ion D modification -A-uproved loan amount ~ ~ Lo8p Jo be made riosooner than ( n is due 364 days (or the next preceding business day if the due date falls on a state holiday-a~s=-a-t-u-rd-=-a-y_o_r_a_S_u_n_d_ay) from
-ufe date the loan is funded middot Signature Executive Secretary Date
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I FOR STO USE ONLy
I PMIB NO I 0 I 00 5 l
Tb--agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( Jed Money Investment ~ard (the Board) lends funds as specified below -- j I 111Y27oOO Total project appropriation $163839QQOO Proposed Funding Date 6172011 Loan Amount $i1800fiOO E ~ 1OtgtO ~ At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business daymiddotifthe due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following ~tatu_es (Bo~-6~--- _ middot ___ l~h 171 Statute of2007 Item 6110-301-0660(3)shy middot=J ADMINISTRATIVE AUTHORIZATION The bond sale commercial ~er if lpoundPIicable1 and this loan have been autho~ized by_actions of administrative entities as follows
Administrative Entity I ResolutionOther I Date l
t=~te Pu_~ic ~orks Boar~=-~=~~--middot-r-~~~~~RRiova~~---------L~~~=-------middot-middot-middot-----middot--j The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the statemiddotagency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subJect to appropriation by the State Legislature
(~N RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
__IRl~l_i_~~~~ available foi_such_p~~~~
IState Agency Name middot -------1 __)~~artment of Educatio_n___ middot---- shyi Directors Signature llJpoundJmiddotState Public Works Board (if applicable)
Administrative Secretary Signature ~==~~~----~~21-tL__1
POOLED MONEY INVESTMENT BOARD EXECUTIVE SE-fl--f1
The Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of 1 and the vote was as follows
MEMBER ----+~middot-middotA_YE J N_0_1 Treasurer of the State of California ~
Controller ofthe State of California DirectorofFinanceoftheStm~-o~f~C~a~l~ipound~orn-~ia------------------middot--------------------~-------------------~--------middot
~--~--~--~777-------------------------------------------------~-----------------L-------I Conditions (if applicable)
Executive Secretary of the Pooled Money Investment Board Date
INSTRUCTIONS TO CONTROLLER0 V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest ~ ) The General Fund will pay interest Do not invest loan proceeds in SMIF
ccfmmercial Paper will be used to repay this loan Yes No
Reserve$_______________________ of the proceeds from this loan for Cost oflssuance PMIA interest and administrative costs
l
______
______
Rev (610)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(apartment Name Department of Education Project Name Academic Support Cores -~
middot Yea~ 2011-12 Est Project Completion Date 4282014
Date 472011 Est Phase Completion Date ___n~a____Acquisition
Loan Amount (1gt $ 529000___----=~~_
Funds Disbursed to Date _$___504l54_6_ Per SCO Report dated 33011
~ame of Bond Program Public Buildings Construction Fund
(1) (2)
Month and Original
Year Projection
Prior yrs
1
2
3
4
5
60 7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22 ~ 23
U 24
(3)
Actual
Disbursements
(4)
Projections for
the Next 12
Months
__5132_01_1___ Prei i m PI a ns
__4122_012=--- Work Draw 2282014
-~=___
(5)
Cumulative
Disbursements
Constr (2l
Equip
Design-Build
(6)
Phase of
Project
(APWCE
D-B)
(1) Rounded up to nearest thousand
47202054
232950
~~r~~~~~~i~~11
299f8gt4~g~middotmiddot~~-~~ ~ bullbullbull I ~~~~H~ bull J
ltfAmiddotIf~t17~1middot~middotamiddot no bullbull lmiddot pound~ 1 1 1it bullbull bull bull
middoty-ltbullbull11~~~)~~~-~~f~~f~middott- ~50(~00
472021 D
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 p
474350 p ~tgtpound~~a~1~~c 1) bull t~ ( ~
lt-Cimiddot~c~- 504middot309 IFIitiNr~ ~v~middot bullfg(7ff ft(bull-- 528middot 9373~~~i~~t~ ~-middot~ ~ ~0i~t~~nr1~
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
529000 p
12008-5201 0
Jun-10
Jul-1 0
Aug-10
Sep-10
Oct-10
Nov-10
Dec-10
Jan-11
Feb-11
Mar-11
Apr-11
May-11
JH_ter~$t~f~~n~~~-~i~~~ g8ffil81f~~j~~i
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
Apr-12
May-12
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal [8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs PMI~~~~LYr o( oos l
PART I LOAN REQUESTBOND PROGRAM INFORMATION Com leted b Re uestin De artment
middot ~~~mhn~e~n~t------------------------~~==irr~r~~==u~~-~==l~IFTT~om~lfP~r~~~middotedct~A~pprop~ri~a~tio~n~--fjAk~n~ou~nt~RR~~ues~ro~-----i~ _ i ~05300000 Go nr lTi~ntal ___________ Health ~~~~I D1 Qlt)------------middot-middot--1 $6589066-00-middot--middot--------middot-----middot-middot---middot-L____ ___________________________________________ -- shy
Appropriation(s) to be Funded Statutory Authority I Date Funds Needed Chapter 1712007 Item No 4440-301-0660(2) Government Code Sec 15830 et seq ~26~611 tmiddot7-
middot-middot----------middot--middot------------middot--middot-middot------------ ----middot-middot--middot--middot--------------- --------shyDepartment Contact Title j Phone David Harner middot Chief Hospital OpeationsFiscal Supp I (916) 654-3600 middotn~~~~~~s-~~~~~~t)middot-----middot------ --______rsiinatre-------------~----~ -middot~---middotr~=~~-----middot-middot---shy
i General ObligationT 0 fB dype on s D Self Li uidatin D Other N~~-roo i3-0~ltLA-t----middot-q_ltgt-=---~~-middot=-middot-middot==-middotO~-==--middot--middot---middotmiddot--ll-middot-a-nmiddot-e--o-f-sPWB_0middotzoihd_Pro]eCimiddot------middot--middot-middot-middot-middotmiddot-middot-middot-middot-middot-------- ---
tascadero State Hospital 258 Bed Hospital Remediation API-jricrti~-~i~-b~-u~~-- o___ltic~ti~~-i-67246middotmiddot--middot______ middotoject-cmiddoti-aCt(srwmiddoti3-o~l)r)______r-yJ10ilemiddot---middot--_ ____
~~i2~fo~~Ife~~s~f-fi~=c-middoteFD=ubullndo~hccer=~~=--- uDmiddotmiddotmiddotamiddot-$middotmiddot~~~~-~~-
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments -~ D To fund an escrow or condenmation deposit fund 0 To pay vendors directly i 0 To finance loans to persons other than governmental entities 0 To reimburse local government for vendor payments [8] To make advances to State Architect Revolving FundJ
0 In a trade or business carried on by a nongovernmental person i If Yes specify DGS-PvfB Project No 124473 0 To make advances to other state funds If yes specify
I Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private ~J business or from federal funds Yes D No [8J (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No O If YES the repayments will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
obullbullobullbullbull-bull-bullbullbullbullbullbull~bullbullbull--bullbull-_________________HH----__--f-MH-bull0bull----middot-middot--bull-bullbullbullbullbullbull-1-----MMI--MO-
Administrative Entity Resol~~ioo~L~umber I Sale i Loan I middot CP i Date -___--middot-middotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot----middot-middot--middotmiddotmiddot--middotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot----middot-middot-middot-middotmiddotmiddot-middotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot--- middotmiddot-middot----middotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddot-middot-middot-middot-_-middotmiddotmiddot-middotmiddotmiddot---middot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot---__L---middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middot State Public Works Board i 0 I [8] 0 7132007- ___ ______________- 1_ 0
u- - ____+- ~~--I0 I
PART II RECOMMENDATION AND CONDITIONSshy(Completed by Public Finance Division of the State Treasurers Office)
~ This application is recommended for approval subject to the following conditions 0 First $ tlt bj used to payreduce existing PMIB loan __middot___ Kl Reduce amount ofloan to$ (DJ as JQaOO
Conditions (if applicable) middot
-~iniz~~~51~~E~u~ii~~~~~~~~~yent~d_f~r~EPr~~-~~L~~~~EJi~~il~~~-2i~i~ilt~--middot----___________________loaie--middot---_________
I
_
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval D rejection 0 modification middotj-middot~proved loan amount i _ Loan to be made no sooner than
an is due 364 days (or the next preceding business day if the due date falls on a state holiday_a_S_a-tu_r_d_a_y_o_r_a_S_u_n_d_a_y) from the date the loan is funded
Signarme E~etive Secretacy-----middot---middot-middot--middot-middot-middot------middot--------------------------middot--middotDate----------middot----------middot---shy
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
s agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( 1
bull ooled Money Investment Board (the Board) lends funds as specified below ~ ~ Total project appropriation $659800000 ~ Proposed Funding Date 51262611 G I J Loan Amount ~9S300()()0 -o-12-S bO
At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the Joan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Mpney Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale ofbonds (Bonds) authorized by the following statutes (Bond Act) rmiddotmiddotchapt-i7iifoo7~it~~-N~~444o3oio66o(i)- - -middot-middot-middotmiddot- middot-middot-middotmiddot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddot-middotmiddotmiddotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddot--_---middotmiddotmiddot-middot-middotmiddot-middotmiddot----middotmiddot--middot-l bull--bull-bull-Hbull---middot--middot-middot----bullbullbullbull--bullbullbull-bull-________________m_______________________________________l
ADMINISTRATIVE AUTHORIZATION _~_P-~f~l~-~-ltial_p_lPtJLlP~ipound1tltd tl~Jll_l~~-~~~ll~-~-I~~~EiY_~iQ~~-lfl~ilJ~rl~~-i~~flJ2)VS middot-------middot- Administrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act pennits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation by the State Legislature
OAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~EPE9Pi~i9P~Y~i~~~f9E_S~~hP~-9~~__________________
L~~~~~~~rM~n~ ~l~-middot-middot--__------middot------_ ___________________ ---middotmiddotmiddot J
~~-~~~~-----~~~~ L~~~~~-imiddot~middot~middot~middot~middoti~~~_S~~~~~-r ____d____-_________- __l~~gtltltlJI POOLED MONEY INVESTMENT BOARD EXECUTIVE SECRETARYS CERTIFICATION i 1IThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of __ and the vote was ___ as follows __- - __ r---middot-middot- __ ____ ______ ____ ___ ___j
~~~~~-~-plusmn=~- Director of Finance of the State of California
middot----middotmiddot-middotmiddotmiddot--middot~middot---------middotmiddotmiddot--middotmiddot-middot----middot-middot---middotmiddotmiddot-middot---middot-middotmiddot-----middot--middot-----------middot-middot-middotmiddot---middot-middot---middot--------middot-middot-----middot--middot---middot---middot--middot--middotmiddot--middot-middot----middot-middot--1-~--~middot~middotmiddot--middot-middotmiddotmiddot-~~ Conditions (if applicable)
middot-E~c~tivmiddots~~~tarymiddotrmiddotilieP~~~~dMo~-~YI~~t1 Boad-middot-middot--------middot-middot-middot-middot-------middot---- ________________ __TD~t~-middot-middot------middot-middot1 i ~-----middotmiddot---middot-middot--_________- ---middot--middot-----middot----middot----------middot-middot--middot-middot----------middot-------__________J____________l
INSTRUCTIONS TO CONTROLLER I i ~ 1 ~-~ Proceeds from this loan should be invested in the Surplus MoneYinvestirtent Fund SMIF earnings and bond proceeds will pay interest
) The General Fund will pay interest Do not invest loan proceeds in SMIF lCommercial Paper will be used to repay this loan Y~s middot - V No
Reserve $ _______________ of the proceeds from this loan for Cost of Issuance PMIA interest and administrative costs
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(epartment Name Department of Mental Health Project Name Atascadero 250-Bed Remediation ---_
- Year 2011 Est Project Completion Date 10302010
Date 412011 Est Phase Completion Date Acquisition
Loan Amount lt1l $ 6125000 Prelim Plans
Work Draw Funds Disbursed to Date $ 6038196 Per SCO Report dated 52411 1112009 Constr lt2l
~ame of Bond Program Public Buildings Construction Fund Equip
Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year Projection Disbursements Months Disbursements D-B)
0
Prior yrs 571970200 5719702
1 May-10 1302600 5732728 c 2 Jun-10 1336000 2142000 5754148 c 3 Jul-10 1336000 1882900 5772977 c 4 Aug-10 1336000 5772977 c 5 Sep-10 1336000 183700 5774814 c 6 Oct-10 334000 601200 5780826 c 7 Nov-10 384100 5784667 c 8 Dec-10 133600 5786003 c 9 Jan-11 5786003 c
10 Feb-11 5786003 c 11 Mar-11 5786003 c 12 Apr-11 6925800 5855261 C
~~~~~]~mlftltttt~bull~~~~~~~~~~~~~=~~~~~~~l~riir~ 13 May-11 500000 6110238 C
C14 Jun-11 500000 6115238
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11f-------1
191--_ _N__o_v_-11j
20 Dec-111---____--1 21 Jan-12
1--------1
~ 22 Feb-12 (___j 23 Mar-12
1---______~
(~~ nrlrl Anr_-_1 ) housand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application bull
(3) Projected Admin includes estimated fees from STO SCO and DOF
500000
500000
6120238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125000
c c c c c c c c c c
State of California- State Treasurers Office LOAN REQUEST New Loan fZ1 Renewal 0
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs II ~o~~LNO~LY ( 0 OOltoC
~ PART L LOAN REQUESTBOND PROGRAM INFORMATION f~ (Completed by Requesting Department) bull artment I Total Project Appropriation Amount Requested -corrections and Rehabilitation middot i $30000000000 I $682600000 middot----middot~---------middot--middotmiddot--middot-middot------middot----middot--middot----------------------middot------------middot--lmiddot------middotmiddot----middot-----middot-middot-middot-middot-l---middot-middot--middot-middot-----middot------- shyAppropriation(s) to be Funded ~71B -~ Statutory Authority I Date Funds Needed SB 81 Ch 17507 (as amended 8rpoundG 1828 Ch 729Mf) i Welfare and Institutions Code Chapter I 6182011 5225-801-0660 6101753 M3 l 15 Article 3 Sectio~970 1~11 I
_-Q~-~-X~~~fl9ffeE~~ Reh__Qilit~_i~~EiiEJ~~hasc I_ middot ~t1fgtDepartment Contact Titl~---middotmiddot--middot---middotmiddot------middot---middot----middot-middot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middot----middotmiddotmiddot-middotrmiddotPho~middot~~--------
i~~~~ffi(~O~~~~~-~-T fB d J General Obligation ReVeiiue
-N~~~~orb~middotmiddot~dAsp-elfAg~icI~~rg____0_~_21~-eJf-Jgi9_ainK--middotmiddot middotmiddot-~~~~~s-PPs~~~~tilmiddot~middotmiddotmiddotr~o-t~middotmiddot----131Bmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddot--middot--middotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddot-middot--middot-stanislaus County Juvenile ~ommitment Center
Appropriation to be Used D G C Section 167246 Project Contact (SPWB Only) I Phone middot~middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot
for STO Admin Costs D Other__ Darlene Maston I 916-255-2237 state con tr~ji~~middot~middot-middotorfi~middot~middotmiddotp~~imiddottc-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-shy middot-middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddot middotmiddotmiddothasemiddotmiddotrjgtmiddotJ-~middotimiddotmiddotcseTeZimiddotmiddotaIcmiddotmiddotitmiddotmiddotmiddot~iJmiddotiJiy)~middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotpoundsimiddotj~~middotCiTe~i-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot
0 A 0 PP 0 WD fZI C 0 E 0 D-B Completion Date 2152013
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments I 0 To fund an escrow or condenmation deposit fund 0 To pay vendors directly 0 To finance loans to persons other than governmental entities fZI To reimburse local government for vendor payments 0 To make advances to State Architect Revolving Fund D In a trade or business carried on by a nongovernmental person 1 If Yes specify DGS-PMB Project No (J0 To make advances to other state funds If yes specify
--A Will any part of the debt service on the bonds tl1at secure this loan be either secured by or paid from property used in a private business or from federal funds Yes 0 No fZI (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No O IfYES the repayments will be used to 0 pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
-----~i~-- fRol~I~~~~-----G~--~~~=~~=====Famp~=t=l==gF~
(
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
0 This application is reconnnended for approval subject to the following conditions D First$ to be used to payreduce existing PMIB loan _____ D Reduce amount of loan to $ _______
Conditions (ifltpplicable)
_O Ii~__ppJLc~ti~~i~ ~~~Ee~lt1~~9~~fo~E~~JQt~l1l~J~g_fi1~~1g_~RiY~~9~-middotmiddot-middotmiddot--middotmiddotmiddot-middotmiddotmiddot--middot-middot-middotmiddotmiddotmiddotmiddot-middot----~---middot-middot-------middotmiddotmiddot--middotmiddot-middot-----middotmiddotmiddotmiddot-middot---middot-middot-middot-middotmiddot--middotmiddotmiddotmiddotmiddot-signature Director Public Finance Division j Date
l 1 i
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
-middot~is request is recommended for Oapproval 0 rejection 0 modification ____pproved loan amount Loan to be made no sooner than _________ Loan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded
middot-s-gra~re~middot-Ex~-c-u-iT~e-semiddot~~eiarY----middot-middot-----middot-----middot--middot-middot----middotmiddot-middotmiddot-middot---------middot--middot----middot-middot----middot-middotmiddot-middotmiddot-middot------middot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddotmiddot------middot-middotmiddoto-aimiddot--middotmiddot-middotmiddotmiddot-middotmiddotmiddot-------middotmiddotmiddot-middotmiddot--middot-----middot----middotmiddotmiddotmiddot--middot-middot-middotmiddot
____
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
lo 006b _I
----middot-middot-middot-middot-~--middot1
r agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and 1----__ Pooled Money Investment Board (the Board) lends funds as specified below
Total project appropriation $30000000000 Proposed Funding Date 6182011
Loan Amount $682600000 At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state hoi iday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following
s~~~~r~~~ntl_~_~o --middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddot-middot---middot-middotmiddotmiddotmiddotmiddot-middot-middot-middot---middotmiddot-middot-middot-middotmiddotmiddotmiddot~~a~--middot--middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middot---middot-middot-middotmiddot-----middotmiddot-middotmiddot-middotmiddot---middot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot---middot--middot---middotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddot- middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot---middot~ i SB 81 Ch 17507 (as amended 8yen AIHI~middoth-7i91W) 5225-801-06606101753
1_1~pound~~-X~Il~~~IQ~I~~-~E_~p~_~y~_l~lti~i~~-~--~-tJgt~----middotmiddotmiddotmiddotmiddot-middot--middotmiddotmiddot-middot--middotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddot----middotmiddotmiddot-middotmiddotmiddot-middotmiddot--middot---middotmiddotmiddotmiddot--middotmiddot-middotmiddot-middot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot ----middot---jADMINISTRATIVE AUTHORIZATION
_ll_~_ltgt~--~-~C~-()_mm_~~pound~P~P~1bullfPP_lllI21E~2ll~~C-~Ctl_~lhQ~e~~Y~~iltgtSltgtf~iiSt~~Y~i_~ie~l~ol_lgt~~~_ _____________________ Adnrinistrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial
Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest fimiddotom the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan lfthe loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan middot
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds ofBonds or the proceeds of a new loan Payment from any other source is subject to appropriation
(~the State Legislatu_re
~lAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~PPI~CgtP~aisgt~~iJ~)_~_[ltE ~~hP~TP_~~~_---middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middot----middot-------middotmiddotmiddotmiddotmiddotmiddot-------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middot----middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddot middotmiddotmiddot--middotmiddot---middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddot---middot--middotmiddot---------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot i State Agency Name
jJ~P~r_lfl _lt_~E~~poundi~l~~l~_~~~~iol-----middot--middotmiddot--middotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddot--middot-- middotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddot--middot----- middotmiddotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddot----middot-middotmiddot--middot---middotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddot-middot--- middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot----middotmiddotmiddot--middotmiddotmiddot-- _
--T~=I ~~~~~~-i-~~=~~-~=---~-=cr~~__~~~~~~-~-=--middot~~-~--- middot-middotmiddotmiddotmiddot-middot-middoti -~-iAL 1 POOLED MONEY INVESTMENT BO i
iThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of
and the vote was as follows i
i_~_~-middot~-~~-~~~~-~=~~~~~ ____middotmiddot_=----~-~~-=~-~~middotmiddot~~~~sect-~~middot==-=~~-~middot~~~~middot~~=middotmiddot~middotmiddotmiddotmiddot~~=--~-==middot~~~-~-~~I~middot~middot~-middot~~~~Y~~~~middotmiddot~~-~~~~[middot~-~~~B~~~~=Ji Treasurer of the State of California I 1 l~MoHOoHHOHoH-gtHoooobull-bullbull-bullbullbullbullbull---middot-middot--bullbullbull-bullbull---middot-middotbull-MoOHHgtMHObullobulloo-bullbull-bullbull-bull-bullbull---bullbull--H--0-----middot-middotbull--middotmiddot-bullbullbullbullbullH~__-bullbullbullbull-bullbull+bullbull-HOoooOHooHooHoHooOHMo-oMo-oOOoO-Moooooo Moool
Controller of the State of California j j ji _MOOMOMOOMMO MOMM-__MMMMMOOMO---middot--middot--------middot--middotmiddot middotmiddotmiddot-middotmiddotmiddot-middotbullbullMMMOOMMO-MOOMMM _00-00Mbull-o0M_00000MOM-MMMMooMOMMOM-0000_0_00M--00000MMoM0-00-M000000000-0M000000-MOM-OOOM00000000-M0M00MM00000000MM00MOOOOMMiOMOM0_0_000000MOM-00000000-0MMO_M_ __ J- _ ___________________i______ Director of Finance of the State of California i ~-C-o~middot(jjtf)middot~~--(jf~ppif~~b-i~middot)~-----middotmiddot-middot--------middot-----middot--------------middot-------middotmiddotmiddotmiddot---middot-middot-----middotmiddotmiddot---middot---middot-------middot----middot--middotmiddot--middot--Lmiddotmiddot-middot-----middot--middot-middot---middotmiddotmiddot----middotmiddot-------L-----middot------middot-middot--------middot-i
I i jl-----middot-------middot-----middot-----middot----------middot--middot--middot------middot-----middot---------middot------------middot--middot------_____________________________________________-------------middot---middot-middot-middot-middot-middot--middot--middot--middot----middot-----middot----middot-middot_________________________s-_middot-----middot-middot--middot------middot---middot-li Executive Secretary of the Pooled Money Investment Board Date I I i i
i ~- l i
L---------middot----middot---middot---------middot-------------middot-----middot---middot--middot-----------middot--------middot-middot---------------------middot-middot---------middot---- ------middot--middot------middot-middot-middot---middot-middotmiddotmiddot---middot---middot-middot-------middot------middot-----middot-middot--middot----t--middot---middot---------middot------middot-middot-jmiddot-ISTRUCTIONS TO CONTROLLER
( J middotv Proceeds from this loan should be invested in the Surplus Money Investment Fund SMJF earnings and bond proceeds will pay interest ~ The General Fund will pay interest Do not invest loan proceeds in SMIF
Commercial Paper will be used to repay this loan Yes V No
Reserve $_______________ of the proceeds from this loan for Cost of Issuance PM IA interest and administrative costs
_~~~~~~0----
Rev (61 0)
MIA Loan Request for Revenue Bond Programs l Ol OObG
ashflow Statement
(~partment Name Corrections and Rehabilitation Project Name Stanislaus County Juvenile Commitment Center
~ Year 20112012 Est Project Completion Date 2152013
Date 5132011 Est Phase Completion Date NA Acquisition
6~826000 5132011
6212011 Work Draw
Loan Amount (1l __$ _____- Prelim Plans
Funds Disbursed to Date $ - Per SCO Report dated 0000 2152013 Constr (Zl
___---~---
Jame of Bond Program Lease Revenue-Stanislaus County Juvenile Commitment Ctr ___NA_____ Equip
_N_A_____ Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and the Next 12 Cumulative (APWCE
Year 0 n Actual Disbursements Months Disbursements D-B)
Prior yrsmiddot
1
2
3
4
0 5
6
7
8
9
10
11
12
16 11
17 Oct-11
18 Nov-11
19 Dec-11
20 Jan-12
21 Feb-12
22
(J 23
24
14
15
545 00000 552 500
818 00000 1 370 500 c 1 091 00000
1 091 00000
c
1 091 00000
1091 00000
c
1 091 00000
7 500
7 500
c
c
c
c
(1) Rounded up to nearest thousand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
0
_~~To_ ~- ~ 1shyl ~ 1gt1 0
0 OEPARTMENT OF EOMUNO G BROWN JRbullbull GOVERNOR
~-FDotF I N A N C E ----S-TA-TE-C~A-P-ITC-1-bull~R-o-o-M-~~45~~S-AC_RA_M_EN_T_o-C-A-bull-9-5~B~1--4-4~9-i=-B-8~www~~o-c~~CA-llc~v CFFICE CIF THE DIRECTCIR
May 12 2011
Mr Bill Dowell Administrator Pooled Money Investment Board 915 Capitol Mall Room 106 Sacramento CA 95814
Dear Mr Dowell
AB 55 Loan Application for County of Stanislaus Juvenile Commitment Center Project
The following detennination is respectfully submitted pursuant to the Pooled Money Investment Board Pooled Money Investment Account Loan Policy adopted October 20 2010
This loan request is for the states share of costs for the County of Stanislaus Juvenile Commitment Center Project one of many youthful offender rehabilitative facility projects included in the SB 81 Youthful Offender Rehabilitative Facilities Construction Financing Program middotIn this program the county rather than a state agency manages the construction contract and process Furthermore the county is responsible for a portion of the project costs including any project cost overruns Thus at this stage of the project it is fiscally prudent to fund the construction costsmiddot using an interim loan rather than to issue bonds until final costs are known and we are confident the county will have fully funded its share
Based on the factors noted above the Director of Finance has determined the project is not appropriate for upfront bond funding and therefore interim financing is necessary to fund the -construction phase of the project If you have any questions or need additional information regarding this matter please call Chris Lief Principal Program Budget Analyst at (916) 445-9694
ANAJMATOSANTOS Director By
1~ (-gt2--shyMICHAEL COHEN Chief Deputy Director
icc FINN ROGERS LIEF BENSON CF (3) SUSPENSE FILE 0
State of California- State Treasurers Office LOAN REQUEST New Loan 0 Renewall8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs PMIBUN01Y I0 I 00fo4 PART I LOAN REQUESTBOND PROGRAM INFORMATION
~ (Completed by Requesting Department) artment Total Project Appropriation Amount Requested fl)fI
~ 6-estry and Fire Protection $4553400000 bull ~0t11~1 (Ji) v v Appropriation(s) to be Funded -- 7-llj StatutoryAumiddot--th-o-ri--ty-----------L--=-bull-=Da_te-F-u-n-=-ds--N~eed-edCh17107 Item 3540-301-0660 (8) 1 Gov Code Sec15830 et seq l 6172011
plus interest and admin I IDepartment Contact -----------middot--middot------middot---+1-=Title---------middot--------+middot-pmiddot-h-o-n-e_______
Linda Webb middot IChief Accounting AA_ministator L(916) 653-8047
~=~~~~~~~rsName(i)ieaieprint) middot--------middot-middot---middot------~~_plusmni Q--- tf5J IJJ
Revenue [gj SPWB D Other--=-----middotmiddot--middot--middot--------middot-----middot---- shyName of SPWB or Other Project Growlersburg CC Replace Facility
-M-middot-~-~-M ---middotmiddotmiddot----middot-------middot---middot-middot--middot-middot---middot-middot Project COntact (SPWB-Only) ------middot-middot-middot-T-PhODe--middot----middotmiddot--middot-shy
~~~~~~~i~o~~~____B__ g~~~r~Q~~~-~~~~~J~1-- -~~t~~~~~~l-~~~Y~J~~-~~~~~~-~-~-~~---middot----middot-middot- State Controllers Office Fund Phase ofProject (select all that apply) Est Project Completion
0 A 18] PP D WD 0 C 0 E Date 4302017
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) D To make advances to local governments J 0 To fund an escrow or condernnationdeposit fund 18] To pay vendors directly I 0 To fmance loans to persons other than governmental entities 0 To reimburse local government for vendor payments 18] To make advances to State Architect Revolving Fund 0 In a trade or business carried on oy a nongovernmental person i IfYes specify DGS-PMB Project No 124628 0 To make advances to other state funds If yes specify
( Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private ~)business or from federal funds Yes 0 No 18] (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No 0 If YES the repayments will be used to D pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
---middot---middot-----middot----- ~dmi~is~~ive-i~i~--middot- middot-----middot---middot---middot---middotrResol~~oi~~~ber --~~~-~-middot Loan cp Date
-middot-----middot-----middot--middot-----middot-middot--middot-----middot-middot---middot---------middot--middot---______--l___________+-middot-middotr=middotmiddot-middot--t--middot--~middot--middot----middot--r=-middot--middot-middot+-middot-----middot----middot--middot---middot-11
~~~-~li~_F2Eks ~Q~~-- --middot-middot--middotmiddot--______middot--middot----middot------i---- -- [ J middot rgj LJ middot--~pound~~QQ-
--middot-middot-----middot--middot _ ________middot-middot--middot-middot-+---middot--middot--middot-- --lr--blo -middot-middot-61___ ----middot0 shy--- _middot---middot--middot--middot--middot-middot----middot----middot------ --- ____ __ middotmiddot--middot--------- ____ D I 0
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
181 This application is recommended for approval subject to the following conditions ~ First$ 15lti10QQ 0deg to be used to payreduce existing PMIB loan l C fXgtO 5 D Reduce amount of loan to $ _______
Conditions (if applicable)
JJ3~~~is tJot recotru~_tJ_~ed for -EP9Y~~~he P~bli~X~~_Ece Divis_9g__________~-middot---middot-------middotmiddot---Signature Director Public Finance Division Date
I PARTIII RECOMMENDATION
(Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval 0 rejection 0 modification middot Loan to be made no sooner than _________
~oan is due 364 days (or the next preceding business day if the due date falls on a ~tate holiday a Saturday or a Sunday) from the date the loan is funded--------middot---------------- shy ---------------------------middot shySignature Executive Secretary Date
( shy ---)Proved loan amount
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I~~I~u~crLYf o1oo~y (agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ~1ooled Money Investment Board (the B~ard) lends funds as specified below
Total project appropriation $4553400000 C( Proposed Funding Date 6172011 Loan Amount $175666600-- 1l 11 S ODD C5b At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds ofthe loan are to be used only for the purposes authorized for use of the proceeds of the sale ofbonds (Bonds) authorized by the following
ADMINISTRATIVE AUTHORIZATION rThe ~o~d sale _ltom~ercia_Paper if aPQiicable a~d this IO~f_lVe been authorizlaquo_c_~Y~~tilaquoJns of a~_nistrativ_laquo__ctitie~as foll_Q_ws ---middotmiddot--- 1 Admllllstrat1ve Entr_l ResolutwnOther 1 Date i
r~st~~~~blipound~~~~~3o~i~----middotmiddot~=~~===~_l_======~~=~=~=-==-===~==r-_2~(~Qii==~~=---==-=~====~-~l t=~==~~~=~=~=~~~~====~=~~==~==~=~=~~~----middotmiddot-middotmiddotmiddotmiddotmiddotmiddot -middotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot---middot-middotmiddotmiddot--middot--middotmiddotmiddot-middot--middot-middotmiddotmiddotmiddotmiddotmiddot---middot-middotmiddot-middotmiddot-----middot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot---middot middotmiddotmiddotmiddot---middotmiddot-middotmiddot-==~~~~~===~=~~~~~==~====~~~j
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special ---ited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation
( e State Legislature ______
LOAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
ro ri~i~~~~ailabl~f~_su~hJ21pound~~~middot=-middotmiddotmiddotmiddot-middotmiddot--middot-middot-middot-middot-middotmiddot----middot--middot--middot-middot-----middot--middot---middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-------middot--middot-----middot---middot--middot-middot-middot--middotmiddotmiddotmiddot-middotmiddot-----middot--middotmiddotmiddotmiddot---middotmiddot-middot---middot-middotmiddot-middot--shy~N~ I
o(~_ltgtE~~_J_and ~r_e PE~~tio_- G~ersJl~_g__ltf__~p-~-~-~~~j_l_iY-_________________________pG~~ll~~j_~~t ~~~~~
~~~----------~~~poQiEDMoNEYJNiiEsTMENT~CREJARYSCEiiTIFiCATION---~ The Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of 1
~-----=--~~~~~~--=--=~~~==~-=~~-~~~~==-~=~==~~~~~~~~====~-=--middot --middot-r--==~~~n~~==~= ~=~-=- 1Treasurer of the State of California --Controllero-ftheStateof Californiamiddot ------middotmiddot-middotmiddot middot-middot----------middot---- shy
~_~~=~~ SretoofCampifoffii =-==L-_ -----= I Executive Secretary of the Pooled Money Investment Board IDate I
~rfirucTIONS TO CONTROLLER J V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest ___ The General Fund will pay interest Do not invest loan proceeds in SMIF Commercial Paper will be used to repay this loan Yes V No
Reserve $__~____________ ofthe proceeds from this loan for Cost ofissuance PMIA interest and administrative costs
Rev (610)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
i~partment Name Department of Foresty and Fire Protection Project Name Growlersburg Conservation Camp ---shy
Year 2011 Est Project Completion Date
Date 4292011 Est Phase Completion Date
Loan Amount lt 1l $ 1751000
Funds Disbursed to Date $ 1 587371 Per SCO Report dated 33011
~arne of Bond Program Public Buildings Construction Fund
Priory
0
(J
rs
(1) (2)
Month and
Year
7107-4302010
Original
Projection
(3) (4)
Actual
Disbursements
Projections for
the Next 12
Months
1 632 5071)
1 May-1 0 -2 Jun-1 0 -3 Jul-1 0 -4 Aug-10 -5 Sep-1 0 -
6 Oct-10 -7 Nov-10 -8 Dec-10 middot -9 Jan-11 -
10 Feb-11 -11 Mar-11 -12 Apr-11 -
gti bull ~68911hter~~k~illlliili11famptilt0l~lt middotmiddotmiddotmiddot~
_ __430-=2017___
___NA~-- Acquisition
10302012 Prelim Plans
10302013 Work Draw
4302017 Constr lt2l
______ Equip
_______ Design-Build
(5) (6)
Phase of
Project
Cumulative (APWCE
Disbursements D-B)
1632507 p
1 632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1632507 p
1 632 507 p
1 632 507 p libullcmiddot~()qbull1 JjjfJS~~ ~middot I~Adr~~EN~I3l~~IZ middotd28tBni [D ~ G
lmrrKmiddotbullymiddot~r 1~b bull 11 v (5btJ()bi May-11
14
13
Jun-11
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11
19 Nov-11
20 Dec-11
21 Jan-12
22 Feb-12
23 Mar-12
(1 bullllnrlFrl lln Anr_j ) bullnno~n-4IHV-u
p1 750 824-p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824-p1 750 824 -p1 750 824 -p1 750 824 -p1 751 000 -
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
I
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal~
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs IPMIBUNO~LY 0 l DO laS PART I LOAN REQUESTBOND PROGRAM INFORMATION
(Completed by Requesting Department)
( rtment Total Project Appropriation 9Arnount Requested ~ 1shymiddot__ middotltartment of Education j SNQJS3Q()G66 -(J_vnDO() 1 $52800hl)0 ~z~ lt)C)O
Appropriation(s) to be Funded IStatutory Authority j Date Funds Needed Chapter 171 Statute of2007 Item 6110-301-0660(3) I Government Code Section 15830 1 6172011
I I I
Department Contact i Title I Phone Allen Young j DCMS 1 916-445-4557 Department Directors Name (please print) I Signatur~tPfA ID~~1fRichard Zeiger Chief Deputy Superintendent l k If
IGeneral Obligation Revenue (jType ofBonds ~SPWB 0 Other0 SelfLj91_Qatigg___ONpn-S~)fLiguidating -
Name ofSPWB or Other Project Academic Support Cores Bus Loop and Renovation
Name of GO Bond Act
-----middot---------------~-Project Contact (SPWB Only) ~ Phone middot
middot-middot~~ STO AdniE_Sost~---~ Other 9~middot15~_30 Appropriation to be Used D GC Section 167246
)e bb1-e WokM ----------middot(~I()-~~liD__ State Controllers Office Fund Phase of~ct (select all that apply) Est Project
D A Iamp] PP l WD D c DE D D-B Completion Date 4282014
Use of Loan Proceeds 1 Will any ofthe loan proceeds be used (Please check ifanswer is yes to any ofthe following)
D To make advances to local governments i D To fund an escrow or condemnation deposit fund IZJ To pay vendors directly I D To fmance loans to persons other than governmental entities D To reimburse local government for vendor payments I IZJ To make advances to State Architect Revolving Fund DIn a trade or business carried on by a nongovernmental person If Yes specify DGS-PMB Project No 124637 D To make advances to other state funds If yes specify
=)Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private business or from federal funds Yes D No IZJ (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No D IfYES the repayments will be used to D pay debt service or D to fund more projects middot
ADMINISTRATNE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES - lResolution Number I s T~--~--C~---Tmiddot---~ t
Administrative Entity i 1 1 1(GO ONLY) a e oan a e I i I i I--middot- shy
State Public Works Board------middot-____ - l -----=r -B-t---~-t--B- middot-F 9il42~o7___ _____
--middotmiddot--- 1 d--1--o---r-middoto---r-middot----shy1
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
lXI This application is recommended for approval subject to the following conditions ~ First$ 50(pJOOO 00 to be used to payreduce existing PMIB loan Of 000fo D Reduce amount ofloan to $ _______
Conditions (if applicable) Jd This aeelication i~ not r~commend~~ for aeeroval by the Public Fin311ce Divi_~_lmiddoto=nc__________-=----------- shySignature Director Public Finance Division j Date
I PART III RECOMMENDATION
(Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Dapproval D rejec~ion D modification -A-uproved loan amount ~ ~ Lo8p Jo be made riosooner than ( n is due 364 days (or the next preceding business day if the due date falls on a state holiday-a~s=-a-t-u-rd-=-a-y_o_r_a_S_u_n_d_ay) from
-ufe date the loan is funded middot Signature Executive Secretary Date
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I FOR STO USE ONLy
I PMIB NO I 0 I 00 5 l
Tb--agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( Jed Money Investment ~ard (the Board) lends funds as specified below -- j I 111Y27oOO Total project appropriation $163839QQOO Proposed Funding Date 6172011 Loan Amount $i1800fiOO E ~ 1OtgtO ~ At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business daymiddotifthe due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following ~tatu_es (Bo~-6~--- _ middot ___ l~h 171 Statute of2007 Item 6110-301-0660(3)shy middot=J ADMINISTRATIVE AUTHORIZATION The bond sale commercial ~er if lpoundPIicable1 and this loan have been autho~ized by_actions of administrative entities as follows
Administrative Entity I ResolutionOther I Date l
t=~te Pu_~ic ~orks Boar~=-~=~~--middot-r-~~~~~RRiova~~---------L~~~=-------middot-middot-middot-----middot--j The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the statemiddotagency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subJect to appropriation by the State Legislature
(~N RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
__IRl~l_i_~~~~ available foi_such_p~~~~
IState Agency Name middot -------1 __)~~artment of Educatio_n___ middot---- shyi Directors Signature llJpoundJmiddotState Public Works Board (if applicable)
Administrative Secretary Signature ~==~~~----~~21-tL__1
POOLED MONEY INVESTMENT BOARD EXECUTIVE SE-fl--f1
The Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of 1 and the vote was as follows
MEMBER ----+~middot-middotA_YE J N_0_1 Treasurer of the State of California ~
Controller ofthe State of California DirectorofFinanceoftheStm~-o~f~C~a~l~ipound~orn-~ia------------------middot--------------------~-------------------~--------middot
~--~--~--~777-------------------------------------------------~-----------------L-------I Conditions (if applicable)
Executive Secretary of the Pooled Money Investment Board Date
INSTRUCTIONS TO CONTROLLER0 V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest ~ ) The General Fund will pay interest Do not invest loan proceeds in SMIF
ccfmmercial Paper will be used to repay this loan Yes No
Reserve$_______________________ of the proceeds from this loan for Cost oflssuance PMIA interest and administrative costs
l
______
______
Rev (610)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(apartment Name Department of Education Project Name Academic Support Cores -~
middot Yea~ 2011-12 Est Project Completion Date 4282014
Date 472011 Est Phase Completion Date ___n~a____Acquisition
Loan Amount (1gt $ 529000___----=~~_
Funds Disbursed to Date _$___504l54_6_ Per SCO Report dated 33011
~ame of Bond Program Public Buildings Construction Fund
(1) (2)
Month and Original
Year Projection
Prior yrs
1
2
3
4
5
60 7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22 ~ 23
U 24
(3)
Actual
Disbursements
(4)
Projections for
the Next 12
Months
__5132_01_1___ Prei i m PI a ns
__4122_012=--- Work Draw 2282014
-~=___
(5)
Cumulative
Disbursements
Constr (2l
Equip
Design-Build
(6)
Phase of
Project
(APWCE
D-B)
(1) Rounded up to nearest thousand
47202054
232950
~~r~~~~~~i~~11
299f8gt4~g~middotmiddot~~-~~ ~ bullbullbull I ~~~~H~ bull J
ltfAmiddotIf~t17~1middot~middotamiddot no bullbull lmiddot pound~ 1 1 1it bullbull bull bull
middoty-ltbullbull11~~~)~~~-~~f~~f~middott- ~50(~00
472021 D
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 p
474350 p ~tgtpound~~a~1~~c 1) bull t~ ( ~
lt-Cimiddot~c~- 504middot309 IFIitiNr~ ~v~middot bullfg(7ff ft(bull-- 528middot 9373~~~i~~t~ ~-middot~ ~ ~0i~t~~nr1~
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
529000 p
12008-5201 0
Jun-10
Jul-1 0
Aug-10
Sep-10
Oct-10
Nov-10
Dec-10
Jan-11
Feb-11
Mar-11
Apr-11
May-11
JH_ter~$t~f~~n~~~-~i~~~ g8ffil81f~~j~~i
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
Apr-12
May-12
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal [8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs PMI~~~~LYr o( oos l
PART I LOAN REQUESTBOND PROGRAM INFORMATION Com leted b Re uestin De artment
middot ~~~mhn~e~n~t------------------------~~==irr~r~~==u~~-~==l~IFTT~om~lfP~r~~~middotedct~A~pprop~ri~a~tio~n~--fjAk~n~ou~nt~RR~~ues~ro~-----i~ _ i ~05300000 Go nr lTi~ntal ___________ Health ~~~~I D1 Qlt)------------middot-middot--1 $6589066-00-middot--middot--------middot-----middot-middot---middot-L____ ___________________________________________ -- shy
Appropriation(s) to be Funded Statutory Authority I Date Funds Needed Chapter 1712007 Item No 4440-301-0660(2) Government Code Sec 15830 et seq ~26~611 tmiddot7-
middot-middot----------middot--middot------------middot--middot-middot------------ ----middot-middot--middot--middot--------------- --------shyDepartment Contact Title j Phone David Harner middot Chief Hospital OpeationsFiscal Supp I (916) 654-3600 middotn~~~~~~s-~~~~~~t)middot-----middot------ --______rsiinatre-------------~----~ -middot~---middotr~=~~-----middot-middot---shy
i General ObligationT 0 fB dype on s D Self Li uidatin D Other N~~-roo i3-0~ltLA-t----middot-q_ltgt-=---~~-middot=-middot-middot==-middotO~-==--middot--middot---middotmiddot--ll-middot-a-nmiddot-e--o-f-sPWB_0middotzoihd_Pro]eCimiddot------middot--middot-middot-middot-middotmiddot-middot-middot-middot-middot-------- ---
tascadero State Hospital 258 Bed Hospital Remediation API-jricrti~-~i~-b~-u~~-- o___ltic~ti~~-i-67246middotmiddot--middot______ middotoject-cmiddoti-aCt(srwmiddoti3-o~l)r)______r-yJ10ilemiddot---middot--_ ____
~~i2~fo~~Ife~~s~f-fi~=c-middoteFD=ubullndo~hccer=~~=--- uDmiddotmiddotmiddotamiddot-$middotmiddot~~~~-~~-
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments -~ D To fund an escrow or condenmation deposit fund 0 To pay vendors directly i 0 To finance loans to persons other than governmental entities 0 To reimburse local government for vendor payments [8] To make advances to State Architect Revolving FundJ
0 In a trade or business carried on by a nongovernmental person i If Yes specify DGS-PvfB Project No 124473 0 To make advances to other state funds If yes specify
I Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private ~J business or from federal funds Yes D No [8J (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No O If YES the repayments will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
obullbullobullbullbull-bull-bullbullbullbullbullbull~bullbullbull--bullbull-_________________HH----__--f-MH-bull0bull----middot-middot--bull-bullbullbullbullbullbull-1-----MMI--MO-
Administrative Entity Resol~~ioo~L~umber I Sale i Loan I middot CP i Date -___--middot-middotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot----middot-middot--middotmiddotmiddot--middotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot----middot-middot-middot-middotmiddotmiddot-middotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot--- middotmiddot-middot----middotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddot-middot-middot-middot-_-middotmiddotmiddot-middotmiddotmiddot---middot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot---__L---middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middot State Public Works Board i 0 I [8] 0 7132007- ___ ______________- 1_ 0
u- - ____+- ~~--I0 I
PART II RECOMMENDATION AND CONDITIONSshy(Completed by Public Finance Division of the State Treasurers Office)
~ This application is recommended for approval subject to the following conditions 0 First $ tlt bj used to payreduce existing PMIB loan __middot___ Kl Reduce amount ofloan to$ (DJ as JQaOO
Conditions (if applicable) middot
-~iniz~~~51~~E~u~ii~~~~~~~~~yent~d_f~r~EPr~~-~~L~~~~EJi~~il~~~-2i~i~ilt~--middot----___________________loaie--middot---_________
I
_
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval D rejection 0 modification middotj-middot~proved loan amount i _ Loan to be made no sooner than
an is due 364 days (or the next preceding business day if the due date falls on a state holiday_a_S_a-tu_r_d_a_y_o_r_a_S_u_n_d_a_y) from the date the loan is funded
Signarme E~etive Secretacy-----middot---middot-middot--middot-middot-middot------middot--------------------------middot--middotDate----------middot----------middot---shy
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
s agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( 1
bull ooled Money Investment Board (the Board) lends funds as specified below ~ ~ Total project appropriation $659800000 ~ Proposed Funding Date 51262611 G I J Loan Amount ~9S300()()0 -o-12-S bO
At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the Joan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Mpney Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale ofbonds (Bonds) authorized by the following statutes (Bond Act) rmiddotmiddotchapt-i7iifoo7~it~~-N~~444o3oio66o(i)- - -middot-middot-middotmiddot- middot-middot-middotmiddot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddot-middotmiddotmiddotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddot--_---middotmiddotmiddot-middot-middotmiddot-middotmiddot----middotmiddot--middot-l bull--bull-bull-Hbull---middot--middot-middot----bullbullbullbull--bullbullbull-bull-________________m_______________________________________l
ADMINISTRATIVE AUTHORIZATION _~_P-~f~l~-~-ltial_p_lPtJLlP~ipound1tltd tl~Jll_l~~-~~~ll~-~-I~~~EiY_~iQ~~-lfl~ilJ~rl~~-i~~flJ2)VS middot-------middot- Administrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act pennits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation by the State Legislature
OAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~EPE9Pi~i9P~Y~i~~~f9E_S~~hP~-9~~__________________
L~~~~~~~rM~n~ ~l~-middot-middot--__------middot------_ ___________________ ---middotmiddotmiddot J
~~-~~~~-----~~~~ L~~~~~-imiddot~middot~middot~middot~middoti~~~_S~~~~~-r ____d____-_________- __l~~gtltltlJI POOLED MONEY INVESTMENT BOARD EXECUTIVE SECRETARYS CERTIFICATION i 1IThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of __ and the vote was ___ as follows __- - __ r---middot-middot- __ ____ ______ ____ ___ ___j
~~~~~-~-plusmn=~- Director of Finance of the State of California
middot----middotmiddot-middotmiddotmiddot--middot~middot---------middotmiddotmiddot--middotmiddot-middot----middot-middot---middotmiddotmiddot-middot---middot-middotmiddot-----middot--middot-----------middot-middot-middotmiddot---middot-middot---middot--------middot-middot-----middot--middot---middot---middot--middot--middotmiddot--middot-middot----middot-middot--1-~--~middot~middotmiddot--middot-middotmiddotmiddot-~~ Conditions (if applicable)
middot-E~c~tivmiddots~~~tarymiddotrmiddotilieP~~~~dMo~-~YI~~t1 Boad-middot-middot--------middot-middot-middot-middot-------middot---- ________________ __TD~t~-middot-middot------middot-middot1 i ~-----middotmiddot---middot-middot--_________- ---middot--middot-----middot----middot----------middot-middot--middot-middot----------middot-------__________J____________l
INSTRUCTIONS TO CONTROLLER I i ~ 1 ~-~ Proceeds from this loan should be invested in the Surplus MoneYinvestirtent Fund SMIF earnings and bond proceeds will pay interest
) The General Fund will pay interest Do not invest loan proceeds in SMIF lCommercial Paper will be used to repay this loan Y~s middot - V No
Reserve $ _______________ of the proceeds from this loan for Cost of Issuance PMIA interest and administrative costs
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(epartment Name Department of Mental Health Project Name Atascadero 250-Bed Remediation ---_
- Year 2011 Est Project Completion Date 10302010
Date 412011 Est Phase Completion Date Acquisition
Loan Amount lt1l $ 6125000 Prelim Plans
Work Draw Funds Disbursed to Date $ 6038196 Per SCO Report dated 52411 1112009 Constr lt2l
~ame of Bond Program Public Buildings Construction Fund Equip
Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year Projection Disbursements Months Disbursements D-B)
0
Prior yrs 571970200 5719702
1 May-10 1302600 5732728 c 2 Jun-10 1336000 2142000 5754148 c 3 Jul-10 1336000 1882900 5772977 c 4 Aug-10 1336000 5772977 c 5 Sep-10 1336000 183700 5774814 c 6 Oct-10 334000 601200 5780826 c 7 Nov-10 384100 5784667 c 8 Dec-10 133600 5786003 c 9 Jan-11 5786003 c
10 Feb-11 5786003 c 11 Mar-11 5786003 c 12 Apr-11 6925800 5855261 C
~~~~~]~mlftltttt~bull~~~~~~~~~~~~~=~~~~~~~l~riir~ 13 May-11 500000 6110238 C
C14 Jun-11 500000 6115238
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11f-------1
191--_ _N__o_v_-11j
20 Dec-111---____--1 21 Jan-12
1--------1
~ 22 Feb-12 (___j 23 Mar-12
1---______~
(~~ nrlrl Anr_-_1 ) housand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application bull
(3) Projected Admin includes estimated fees from STO SCO and DOF
500000
500000
6120238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125000
c c c c c c c c c c
State of California- State Treasurers Office LOAN REQUEST New Loan fZ1 Renewal 0
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs II ~o~~LNO~LY ( 0 OOltoC
~ PART L LOAN REQUESTBOND PROGRAM INFORMATION f~ (Completed by Requesting Department) bull artment I Total Project Appropriation Amount Requested -corrections and Rehabilitation middot i $30000000000 I $682600000 middot----middot~---------middot--middotmiddot--middot-middot------middot----middot--middot----------------------middot------------middot--lmiddot------middotmiddot----middot-----middot-middot-middot-middot-l---middot-middot--middot-middot-----middot------- shyAppropriation(s) to be Funded ~71B -~ Statutory Authority I Date Funds Needed SB 81 Ch 17507 (as amended 8rpoundG 1828 Ch 729Mf) i Welfare and Institutions Code Chapter I 6182011 5225-801-0660 6101753 M3 l 15 Article 3 Sectio~970 1~11 I
_-Q~-~-X~~~fl9ffeE~~ Reh__Qilit~_i~~EiiEJ~~hasc I_ middot ~t1fgtDepartment Contact Titl~---middotmiddot--middot---middotmiddot------middot---middot----middot-middot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middot----middotmiddotmiddot-middotrmiddotPho~middot~~--------
i~~~~ffi(~O~~~~~-~-T fB d J General Obligation ReVeiiue
-N~~~~orb~middotmiddot~dAsp-elfAg~icI~~rg____0_~_21~-eJf-Jgi9_ainK--middotmiddot middotmiddot-~~~~~s-PPs~~~~tilmiddot~middotmiddotmiddotr~o-t~middotmiddot----131Bmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddot--middot--middotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddot-middot--middot-stanislaus County Juvenile ~ommitment Center
Appropriation to be Used D G C Section 167246 Project Contact (SPWB Only) I Phone middot~middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot
for STO Admin Costs D Other__ Darlene Maston I 916-255-2237 state con tr~ji~~middot~middot-middotorfi~middot~middotmiddotp~~imiddottc-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-shy middot-middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddot middotmiddotmiddothasemiddotmiddotrjgtmiddotJ-~middotimiddotmiddotcseTeZimiddotmiddotaIcmiddotmiddotitmiddotmiddotmiddot~iJmiddotiJiy)~middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotpoundsimiddotj~~middotCiTe~i-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot
0 A 0 PP 0 WD fZI C 0 E 0 D-B Completion Date 2152013
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments I 0 To fund an escrow or condenmation deposit fund 0 To pay vendors directly 0 To finance loans to persons other than governmental entities fZI To reimburse local government for vendor payments 0 To make advances to State Architect Revolving Fund D In a trade or business carried on by a nongovernmental person 1 If Yes specify DGS-PMB Project No (J0 To make advances to other state funds If yes specify
--A Will any part of the debt service on the bonds tl1at secure this loan be either secured by or paid from property used in a private business or from federal funds Yes 0 No fZI (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No O IfYES the repayments will be used to 0 pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
-----~i~-- fRol~I~~~~-----G~--~~~=~~=====Famp~=t=l==gF~
(
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
0 This application is reconnnended for approval subject to the following conditions D First$ to be used to payreduce existing PMIB loan _____ D Reduce amount of loan to $ _______
Conditions (ifltpplicable)
_O Ii~__ppJLc~ti~~i~ ~~~Ee~lt1~~9~~fo~E~~JQt~l1l~J~g_fi1~~1g_~RiY~~9~-middotmiddot-middotmiddot--middotmiddotmiddot-middotmiddotmiddot--middot-middot-middotmiddotmiddotmiddotmiddot-middot----~---middot-middot-------middotmiddotmiddot--middotmiddot-middot-----middotmiddotmiddotmiddot-middot---middot-middot-middot-middotmiddot--middotmiddotmiddotmiddotmiddot-signature Director Public Finance Division j Date
l 1 i
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
-middot~is request is recommended for Oapproval 0 rejection 0 modification ____pproved loan amount Loan to be made no sooner than _________ Loan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded
middot-s-gra~re~middot-Ex~-c-u-iT~e-semiddot~~eiarY----middot-middot-----middot-----middot--middot-middot----middotmiddot-middotmiddot-middot---------middot--middot----middot-middot----middot-middotmiddot-middotmiddot-middot------middot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddotmiddot------middot-middotmiddoto-aimiddot--middotmiddot-middotmiddotmiddot-middotmiddotmiddot-------middotmiddotmiddot-middotmiddot--middot-----middot----middotmiddotmiddotmiddot--middot-middot-middotmiddot
____
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
lo 006b _I
----middot-middot-middot-middot-~--middot1
r agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and 1----__ Pooled Money Investment Board (the Board) lends funds as specified below
Total project appropriation $30000000000 Proposed Funding Date 6182011
Loan Amount $682600000 At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state hoi iday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following
s~~~~r~~~ntl_~_~o --middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddot-middot---middot-middotmiddotmiddotmiddotmiddot-middot-middot-middot---middotmiddot-middot-middot-middotmiddotmiddotmiddot~~a~--middot--middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middot---middot-middot-middotmiddot-----middotmiddot-middotmiddot-middotmiddot---middot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot---middot--middot---middotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddot- middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot---middot~ i SB 81 Ch 17507 (as amended 8yen AIHI~middoth-7i91W) 5225-801-06606101753
1_1~pound~~-X~Il~~~IQ~I~~-~E_~p~_~y~_l~lti~i~~-~--~-tJgt~----middotmiddotmiddotmiddotmiddot-middot--middotmiddotmiddot-middot--middotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddot----middotmiddotmiddot-middotmiddotmiddot-middotmiddot--middot---middotmiddotmiddotmiddot--middotmiddot-middotmiddot-middot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot ----middot---jADMINISTRATIVE AUTHORIZATION
_ll_~_ltgt~--~-~C~-()_mm_~~pound~P~P~1bullfPP_lllI21E~2ll~~C-~Ctl_~lhQ~e~~Y~~iltgtSltgtf~iiSt~~Y~i_~ie~l~ol_lgt~~~_ _____________________ Adnrinistrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial
Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest fimiddotom the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan lfthe loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan middot
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds ofBonds or the proceeds of a new loan Payment from any other source is subject to appropriation
(~the State Legislatu_re
~lAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~PPI~CgtP~aisgt~~iJ~)_~_[ltE ~~hP~TP_~~~_---middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middot----middot-------middotmiddotmiddotmiddotmiddotmiddot-------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middot----middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddot middotmiddotmiddot--middotmiddot---middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddot---middot--middotmiddot---------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot i State Agency Name
jJ~P~r_lfl _lt_~E~~poundi~l~~l~_~~~~iol-----middot--middotmiddot--middotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddot--middot-- middotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddot--middot----- middotmiddotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddot----middot-middotmiddot--middot---middotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddot-middot--- middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot----middotmiddotmiddot--middotmiddotmiddot-- _
--T~=I ~~~~~~-i-~~=~~-~=---~-=cr~~__~~~~~~-~-=--middot~~-~--- middot-middotmiddotmiddotmiddot-middot-middoti -~-iAL 1 POOLED MONEY INVESTMENT BO i
iThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of
and the vote was as follows i
i_~_~-middot~-~~-~~~~-~=~~~~~ ____middotmiddot_=----~-~~-=~-~~middotmiddot~~~~sect-~~middot==-=~~-~middot~~~~middot~~=middotmiddot~middotmiddotmiddotmiddot~~=--~-==middot~~~-~-~~I~middot~middot~-middot~~~~Y~~~~middotmiddot~~-~~~~[middot~-~~~B~~~~=Ji Treasurer of the State of California I 1 l~MoHOoHHOHoH-gtHoooobull-bullbull-bullbullbullbullbull---middot-middot--bullbullbull-bullbull---middot-middotbull-MoOHHgtMHObullobulloo-bullbull-bullbull-bull-bullbull---bullbull--H--0-----middot-middotbull--middotmiddot-bullbullbullbullbullH~__-bullbullbullbull-bullbull+bullbull-HOoooOHooHooHoHooOHMo-oMo-oOOoO-Moooooo Moool
Controller of the State of California j j ji _MOOMOMOOMMO MOMM-__MMMMMOOMO---middot--middot--------middot--middotmiddot middotmiddotmiddot-middotmiddotmiddot-middotbullbullMMMOOMMO-MOOMMM _00-00Mbull-o0M_00000MOM-MMMMooMOMMOM-0000_0_00M--00000MMoM0-00-M000000000-0M000000-MOM-OOOM00000000-M0M00MM00000000MM00MOOOOMMiOMOM0_0_000000MOM-00000000-0MMO_M_ __ J- _ ___________________i______ Director of Finance of the State of California i ~-C-o~middot(jjtf)middot~~--(jf~ppif~~b-i~middot)~-----middotmiddot-middot--------middot-----middot--------------middot-------middotmiddotmiddotmiddot---middot-middot-----middotmiddotmiddot---middot---middot-------middot----middot--middotmiddot--middot--Lmiddotmiddot-middot-----middot--middot-middot---middotmiddotmiddot----middotmiddot-------L-----middot------middot-middot--------middot-i
I i jl-----middot-------middot-----middot-----middot----------middot--middot--middot------middot-----middot---------middot------------middot--middot------_____________________________________________-------------middot---middot-middot-middot-middot-middot--middot--middot--middot----middot-----middot----middot-middot_________________________s-_middot-----middot-middot--middot------middot---middot-li Executive Secretary of the Pooled Money Investment Board Date I I i i
i ~- l i
L---------middot----middot---middot---------middot-------------middot-----middot---middot--middot-----------middot--------middot-middot---------------------middot-middot---------middot---- ------middot--middot------middot-middot-middot---middot-middotmiddotmiddot---middot---middot-middot-------middot------middot-----middot-middot--middot----t--middot---middot---------middot------middot-middot-jmiddot-ISTRUCTIONS TO CONTROLLER
( J middotv Proceeds from this loan should be invested in the Surplus Money Investment Fund SMJF earnings and bond proceeds will pay interest ~ The General Fund will pay interest Do not invest loan proceeds in SMIF
Commercial Paper will be used to repay this loan Yes V No
Reserve $_______________ of the proceeds from this loan for Cost of Issuance PM IA interest and administrative costs
_~~~~~~0----
Rev (61 0)
MIA Loan Request for Revenue Bond Programs l Ol OObG
ashflow Statement
(~partment Name Corrections and Rehabilitation Project Name Stanislaus County Juvenile Commitment Center
~ Year 20112012 Est Project Completion Date 2152013
Date 5132011 Est Phase Completion Date NA Acquisition
6~826000 5132011
6212011 Work Draw
Loan Amount (1l __$ _____- Prelim Plans
Funds Disbursed to Date $ - Per SCO Report dated 0000 2152013 Constr (Zl
___---~---
Jame of Bond Program Lease Revenue-Stanislaus County Juvenile Commitment Ctr ___NA_____ Equip
_N_A_____ Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and the Next 12 Cumulative (APWCE
Year 0 n Actual Disbursements Months Disbursements D-B)
Prior yrsmiddot
1
2
3
4
0 5
6
7
8
9
10
11
12
16 11
17 Oct-11
18 Nov-11
19 Dec-11
20 Jan-12
21 Feb-12
22
(J 23
24
14
15
545 00000 552 500
818 00000 1 370 500 c 1 091 00000
1 091 00000
c
1 091 00000
1091 00000
c
1 091 00000
7 500
7 500
c
c
c
c
(1) Rounded up to nearest thousand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
0
_~~To_ ~- ~ 1shyl ~ 1gt1 0
0 OEPARTMENT OF EOMUNO G BROWN JRbullbull GOVERNOR
~-FDotF I N A N C E ----S-TA-TE-C~A-P-ITC-1-bull~R-o-o-M-~~45~~S-AC_RA_M_EN_T_o-C-A-bull-9-5~B~1--4-4~9-i=-B-8~www~~o-c~~CA-llc~v CFFICE CIF THE DIRECTCIR
May 12 2011
Mr Bill Dowell Administrator Pooled Money Investment Board 915 Capitol Mall Room 106 Sacramento CA 95814
Dear Mr Dowell
AB 55 Loan Application for County of Stanislaus Juvenile Commitment Center Project
The following detennination is respectfully submitted pursuant to the Pooled Money Investment Board Pooled Money Investment Account Loan Policy adopted October 20 2010
This loan request is for the states share of costs for the County of Stanislaus Juvenile Commitment Center Project one of many youthful offender rehabilitative facility projects included in the SB 81 Youthful Offender Rehabilitative Facilities Construction Financing Program middotIn this program the county rather than a state agency manages the construction contract and process Furthermore the county is responsible for a portion of the project costs including any project cost overruns Thus at this stage of the project it is fiscally prudent to fund the construction costsmiddot using an interim loan rather than to issue bonds until final costs are known and we are confident the county will have fully funded its share
Based on the factors noted above the Director of Finance has determined the project is not appropriate for upfront bond funding and therefore interim financing is necessary to fund the -construction phase of the project If you have any questions or need additional information regarding this matter please call Chris Lief Principal Program Budget Analyst at (916) 445-9694
ANAJMATOSANTOS Director By
1~ (-gt2--shyMICHAEL COHEN Chief Deputy Director
icc FINN ROGERS LIEF BENSON CF (3) SUSPENSE FILE 0
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I~~I~u~crLYf o1oo~y (agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ~1ooled Money Investment Board (the B~ard) lends funds as specified below
Total project appropriation $4553400000 C( Proposed Funding Date 6172011 Loan Amount $175666600-- 1l 11 S ODD C5b At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds ofthe loan are to be used only for the purposes authorized for use of the proceeds of the sale ofbonds (Bonds) authorized by the following
ADMINISTRATIVE AUTHORIZATION rThe ~o~d sale _ltom~ercia_Paper if aPQiicable a~d this IO~f_lVe been authorizlaquo_c_~Y~~tilaquoJns of a~_nistrativ_laquo__ctitie~as foll_Q_ws ---middotmiddot--- 1 Admllllstrat1ve Entr_l ResolutwnOther 1 Date i
r~st~~~~blipound~~~~~3o~i~----middotmiddot~=~~===~_l_======~~=~=~=-==-===~==r-_2~(~Qii==~~=---==-=~====~-~l t=~==~~~=~=~=~~~~====~=~~==~==~=~=~~~----middotmiddot-middotmiddotmiddotmiddotmiddotmiddot -middotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot---middot-middotmiddotmiddot--middot--middotmiddotmiddot-middot--middot-middotmiddotmiddotmiddotmiddotmiddot---middot-middotmiddot-middotmiddot-----middot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot---middot middotmiddotmiddotmiddot---middotmiddot-middotmiddot-==~~~~~===~=~~~~~==~====~~~j
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special ---ited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation
( e State Legislature ______
LOAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
ro ri~i~~~~ailabl~f~_su~hJ21pound~~~middot=-middotmiddotmiddotmiddot-middotmiddot--middot-middot-middot-middot-middotmiddot----middot--middot--middot-middot-----middot--middot---middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-------middot--middot-----middot---middot--middot-middot-middot--middotmiddotmiddotmiddot-middotmiddot-----middot--middotmiddotmiddotmiddot---middotmiddot-middot---middot-middotmiddot-middot--shy~N~ I
o(~_ltgtE~~_J_and ~r_e PE~~tio_- G~ersJl~_g__ltf__~p-~-~-~~~j_l_iY-_________________________pG~~ll~~j_~~t ~~~~~
~~~----------~~~poQiEDMoNEYJNiiEsTMENT~CREJARYSCEiiTIFiCATION---~ The Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of 1
~-----=--~~~~~~--=--=~~~==~-=~~-~~~~==-~=~==~~~~~~~~====~-=--middot --middot-r--==~~~n~~==~= ~=~-=- 1Treasurer of the State of California --Controllero-ftheStateof Californiamiddot ------middotmiddot-middotmiddot middot-middot----------middot---- shy
~_~~=~~ SretoofCampifoffii =-==L-_ -----= I Executive Secretary of the Pooled Money Investment Board IDate I
~rfirucTIONS TO CONTROLLER J V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest ___ The General Fund will pay interest Do not invest loan proceeds in SMIF Commercial Paper will be used to repay this loan Yes V No
Reserve $__~____________ ofthe proceeds from this loan for Cost ofissuance PMIA interest and administrative costs
Rev (610)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
i~partment Name Department of Foresty and Fire Protection Project Name Growlersburg Conservation Camp ---shy
Year 2011 Est Project Completion Date
Date 4292011 Est Phase Completion Date
Loan Amount lt 1l $ 1751000
Funds Disbursed to Date $ 1 587371 Per SCO Report dated 33011
~arne of Bond Program Public Buildings Construction Fund
Priory
0
(J
rs
(1) (2)
Month and
Year
7107-4302010
Original
Projection
(3) (4)
Actual
Disbursements
Projections for
the Next 12
Months
1 632 5071)
1 May-1 0 -2 Jun-1 0 -3 Jul-1 0 -4 Aug-10 -5 Sep-1 0 -
6 Oct-10 -7 Nov-10 -8 Dec-10 middot -9 Jan-11 -
10 Feb-11 -11 Mar-11 -12 Apr-11 -
gti bull ~68911hter~~k~illlliili11famptilt0l~lt middotmiddotmiddotmiddot~
_ __430-=2017___
___NA~-- Acquisition
10302012 Prelim Plans
10302013 Work Draw
4302017 Constr lt2l
______ Equip
_______ Design-Build
(5) (6)
Phase of
Project
Cumulative (APWCE
Disbursements D-B)
1632507 p
1 632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1632507 p
1 632 507 p
1 632 507 p libullcmiddot~()qbull1 JjjfJS~~ ~middot I~Adr~~EN~I3l~~IZ middotd28tBni [D ~ G
lmrrKmiddotbullymiddot~r 1~b bull 11 v (5btJ()bi May-11
14
13
Jun-11
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11
19 Nov-11
20 Dec-11
21 Jan-12
22 Feb-12
23 Mar-12
(1 bullllnrlFrl lln Anr_j ) bullnno~n-4IHV-u
p1 750 824-p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824-p1 750 824 -p1 750 824 -p1 750 824 -p1 751 000 -
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
I
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal~
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs IPMIBUNO~LY 0 l DO laS PART I LOAN REQUESTBOND PROGRAM INFORMATION
(Completed by Requesting Department)
( rtment Total Project Appropriation 9Arnount Requested ~ 1shymiddot__ middotltartment of Education j SNQJS3Q()G66 -(J_vnDO() 1 $52800hl)0 ~z~ lt)C)O
Appropriation(s) to be Funded IStatutory Authority j Date Funds Needed Chapter 171 Statute of2007 Item 6110-301-0660(3) I Government Code Section 15830 1 6172011
I I I
Department Contact i Title I Phone Allen Young j DCMS 1 916-445-4557 Department Directors Name (please print) I Signatur~tPfA ID~~1fRichard Zeiger Chief Deputy Superintendent l k If
IGeneral Obligation Revenue (jType ofBonds ~SPWB 0 Other0 SelfLj91_Qatigg___ONpn-S~)fLiguidating -
Name ofSPWB or Other Project Academic Support Cores Bus Loop and Renovation
Name of GO Bond Act
-----middot---------------~-Project Contact (SPWB Only) ~ Phone middot
middot-middot~~ STO AdniE_Sost~---~ Other 9~middot15~_30 Appropriation to be Used D GC Section 167246
)e bb1-e WokM ----------middot(~I()-~~liD__ State Controllers Office Fund Phase of~ct (select all that apply) Est Project
D A Iamp] PP l WD D c DE D D-B Completion Date 4282014
Use of Loan Proceeds 1 Will any ofthe loan proceeds be used (Please check ifanswer is yes to any ofthe following)
D To make advances to local governments i D To fund an escrow or condemnation deposit fund IZJ To pay vendors directly I D To fmance loans to persons other than governmental entities D To reimburse local government for vendor payments I IZJ To make advances to State Architect Revolving Fund DIn a trade or business carried on by a nongovernmental person If Yes specify DGS-PMB Project No 124637 D To make advances to other state funds If yes specify
=)Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private business or from federal funds Yes D No IZJ (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No D IfYES the repayments will be used to D pay debt service or D to fund more projects middot
ADMINISTRATNE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES - lResolution Number I s T~--~--C~---Tmiddot---~ t
Administrative Entity i 1 1 1(GO ONLY) a e oan a e I i I i I--middot- shy
State Public Works Board------middot-____ - l -----=r -B-t---~-t--B- middot-F 9il42~o7___ _____
--middotmiddot--- 1 d--1--o---r-middoto---r-middot----shy1
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
lXI This application is recommended for approval subject to the following conditions ~ First$ 50(pJOOO 00 to be used to payreduce existing PMIB loan Of 000fo D Reduce amount ofloan to $ _______
Conditions (if applicable) Jd This aeelication i~ not r~commend~~ for aeeroval by the Public Fin311ce Divi_~_lmiddoto=nc__________-=----------- shySignature Director Public Finance Division j Date
I PART III RECOMMENDATION
(Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Dapproval D rejec~ion D modification -A-uproved loan amount ~ ~ Lo8p Jo be made riosooner than ( n is due 364 days (or the next preceding business day if the due date falls on a state holiday-a~s=-a-t-u-rd-=-a-y_o_r_a_S_u_n_d_ay) from
-ufe date the loan is funded middot Signature Executive Secretary Date
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I FOR STO USE ONLy
I PMIB NO I 0 I 00 5 l
Tb--agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( Jed Money Investment ~ard (the Board) lends funds as specified below -- j I 111Y27oOO Total project appropriation $163839QQOO Proposed Funding Date 6172011 Loan Amount $i1800fiOO E ~ 1OtgtO ~ At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business daymiddotifthe due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following ~tatu_es (Bo~-6~--- _ middot ___ l~h 171 Statute of2007 Item 6110-301-0660(3)shy middot=J ADMINISTRATIVE AUTHORIZATION The bond sale commercial ~er if lpoundPIicable1 and this loan have been autho~ized by_actions of administrative entities as follows
Administrative Entity I ResolutionOther I Date l
t=~te Pu_~ic ~orks Boar~=-~=~~--middot-r-~~~~~RRiova~~---------L~~~=-------middot-middot-middot-----middot--j The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the statemiddotagency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subJect to appropriation by the State Legislature
(~N RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
__IRl~l_i_~~~~ available foi_such_p~~~~
IState Agency Name middot -------1 __)~~artment of Educatio_n___ middot---- shyi Directors Signature llJpoundJmiddotState Public Works Board (if applicable)
Administrative Secretary Signature ~==~~~----~~21-tL__1
POOLED MONEY INVESTMENT BOARD EXECUTIVE SE-fl--f1
The Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of 1 and the vote was as follows
MEMBER ----+~middot-middotA_YE J N_0_1 Treasurer of the State of California ~
Controller ofthe State of California DirectorofFinanceoftheStm~-o~f~C~a~l~ipound~orn-~ia------------------middot--------------------~-------------------~--------middot
~--~--~--~777-------------------------------------------------~-----------------L-------I Conditions (if applicable)
Executive Secretary of the Pooled Money Investment Board Date
INSTRUCTIONS TO CONTROLLER0 V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest ~ ) The General Fund will pay interest Do not invest loan proceeds in SMIF
ccfmmercial Paper will be used to repay this loan Yes No
Reserve$_______________________ of the proceeds from this loan for Cost oflssuance PMIA interest and administrative costs
l
______
______
Rev (610)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(apartment Name Department of Education Project Name Academic Support Cores -~
middot Yea~ 2011-12 Est Project Completion Date 4282014
Date 472011 Est Phase Completion Date ___n~a____Acquisition
Loan Amount (1gt $ 529000___----=~~_
Funds Disbursed to Date _$___504l54_6_ Per SCO Report dated 33011
~ame of Bond Program Public Buildings Construction Fund
(1) (2)
Month and Original
Year Projection
Prior yrs
1
2
3
4
5
60 7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22 ~ 23
U 24
(3)
Actual
Disbursements
(4)
Projections for
the Next 12
Months
__5132_01_1___ Prei i m PI a ns
__4122_012=--- Work Draw 2282014
-~=___
(5)
Cumulative
Disbursements
Constr (2l
Equip
Design-Build
(6)
Phase of
Project
(APWCE
D-B)
(1) Rounded up to nearest thousand
47202054
232950
~~r~~~~~~i~~11
299f8gt4~g~middotmiddot~~-~~ ~ bullbullbull I ~~~~H~ bull J
ltfAmiddotIf~t17~1middot~middotamiddot no bullbull lmiddot pound~ 1 1 1it bullbull bull bull
middoty-ltbullbull11~~~)~~~-~~f~~f~middott- ~50(~00
472021 D
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 p
474350 p ~tgtpound~~a~1~~c 1) bull t~ ( ~
lt-Cimiddot~c~- 504middot309 IFIitiNr~ ~v~middot bullfg(7ff ft(bull-- 528middot 9373~~~i~~t~ ~-middot~ ~ ~0i~t~~nr1~
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
529000 p
12008-5201 0
Jun-10
Jul-1 0
Aug-10
Sep-10
Oct-10
Nov-10
Dec-10
Jan-11
Feb-11
Mar-11
Apr-11
May-11
JH_ter~$t~f~~n~~~-~i~~~ g8ffil81f~~j~~i
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
Apr-12
May-12
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal [8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs PMI~~~~LYr o( oos l
PART I LOAN REQUESTBOND PROGRAM INFORMATION Com leted b Re uestin De artment
middot ~~~mhn~e~n~t------------------------~~==irr~r~~==u~~-~==l~IFTT~om~lfP~r~~~middotedct~A~pprop~ri~a~tio~n~--fjAk~n~ou~nt~RR~~ues~ro~-----i~ _ i ~05300000 Go nr lTi~ntal ___________ Health ~~~~I D1 Qlt)------------middot-middot--1 $6589066-00-middot--middot--------middot-----middot-middot---middot-L____ ___________________________________________ -- shy
Appropriation(s) to be Funded Statutory Authority I Date Funds Needed Chapter 1712007 Item No 4440-301-0660(2) Government Code Sec 15830 et seq ~26~611 tmiddot7-
middot-middot----------middot--middot------------middot--middot-middot------------ ----middot-middot--middot--middot--------------- --------shyDepartment Contact Title j Phone David Harner middot Chief Hospital OpeationsFiscal Supp I (916) 654-3600 middotn~~~~~~s-~~~~~~t)middot-----middot------ --______rsiinatre-------------~----~ -middot~---middotr~=~~-----middot-middot---shy
i General ObligationT 0 fB dype on s D Self Li uidatin D Other N~~-roo i3-0~ltLA-t----middot-q_ltgt-=---~~-middot=-middot-middot==-middotO~-==--middot--middot---middotmiddot--ll-middot-a-nmiddot-e--o-f-sPWB_0middotzoihd_Pro]eCimiddot------middot--middot-middot-middot-middotmiddot-middot-middot-middot-middot-------- ---
tascadero State Hospital 258 Bed Hospital Remediation API-jricrti~-~i~-b~-u~~-- o___ltic~ti~~-i-67246middotmiddot--middot______ middotoject-cmiddoti-aCt(srwmiddoti3-o~l)r)______r-yJ10ilemiddot---middot--_ ____
~~i2~fo~~Ife~~s~f-fi~=c-middoteFD=ubullndo~hccer=~~=--- uDmiddotmiddotmiddotamiddot-$middotmiddot~~~~-~~-
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments -~ D To fund an escrow or condenmation deposit fund 0 To pay vendors directly i 0 To finance loans to persons other than governmental entities 0 To reimburse local government for vendor payments [8] To make advances to State Architect Revolving FundJ
0 In a trade or business carried on by a nongovernmental person i If Yes specify DGS-PvfB Project No 124473 0 To make advances to other state funds If yes specify
I Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private ~J business or from federal funds Yes D No [8J (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No O If YES the repayments will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
obullbullobullbullbull-bull-bullbullbullbullbullbull~bullbullbull--bullbull-_________________HH----__--f-MH-bull0bull----middot-middot--bull-bullbullbullbullbullbull-1-----MMI--MO-
Administrative Entity Resol~~ioo~L~umber I Sale i Loan I middot CP i Date -___--middot-middotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot----middot-middot--middotmiddotmiddot--middotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot----middot-middot-middot-middotmiddotmiddot-middotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot--- middotmiddot-middot----middotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddot-middot-middot-middot-_-middotmiddotmiddot-middotmiddotmiddot---middot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot---__L---middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middot State Public Works Board i 0 I [8] 0 7132007- ___ ______________- 1_ 0
u- - ____+- ~~--I0 I
PART II RECOMMENDATION AND CONDITIONSshy(Completed by Public Finance Division of the State Treasurers Office)
~ This application is recommended for approval subject to the following conditions 0 First $ tlt bj used to payreduce existing PMIB loan __middot___ Kl Reduce amount ofloan to$ (DJ as JQaOO
Conditions (if applicable) middot
-~iniz~~~51~~E~u~ii~~~~~~~~~yent~d_f~r~EPr~~-~~L~~~~EJi~~il~~~-2i~i~ilt~--middot----___________________loaie--middot---_________
I
_
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval D rejection 0 modification middotj-middot~proved loan amount i _ Loan to be made no sooner than
an is due 364 days (or the next preceding business day if the due date falls on a state holiday_a_S_a-tu_r_d_a_y_o_r_a_S_u_n_d_a_y) from the date the loan is funded
Signarme E~etive Secretacy-----middot---middot-middot--middot-middot-middot------middot--------------------------middot--middotDate----------middot----------middot---shy
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
s agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( 1
bull ooled Money Investment Board (the Board) lends funds as specified below ~ ~ Total project appropriation $659800000 ~ Proposed Funding Date 51262611 G I J Loan Amount ~9S300()()0 -o-12-S bO
At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the Joan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Mpney Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale ofbonds (Bonds) authorized by the following statutes (Bond Act) rmiddotmiddotchapt-i7iifoo7~it~~-N~~444o3oio66o(i)- - -middot-middot-middotmiddot- middot-middot-middotmiddot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddot-middotmiddotmiddotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddot--_---middotmiddotmiddot-middot-middotmiddot-middotmiddot----middotmiddot--middot-l bull--bull-bull-Hbull---middot--middot-middot----bullbullbullbull--bullbullbull-bull-________________m_______________________________________l
ADMINISTRATIVE AUTHORIZATION _~_P-~f~l~-~-ltial_p_lPtJLlP~ipound1tltd tl~Jll_l~~-~~~ll~-~-I~~~EiY_~iQ~~-lfl~ilJ~rl~~-i~~flJ2)VS middot-------middot- Administrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act pennits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation by the State Legislature
OAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~EPE9Pi~i9P~Y~i~~~f9E_S~~hP~-9~~__________________
L~~~~~~~rM~n~ ~l~-middot-middot--__------middot------_ ___________________ ---middotmiddotmiddot J
~~-~~~~-----~~~~ L~~~~~-imiddot~middot~middot~middot~middoti~~~_S~~~~~-r ____d____-_________- __l~~gtltltlJI POOLED MONEY INVESTMENT BOARD EXECUTIVE SECRETARYS CERTIFICATION i 1IThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of __ and the vote was ___ as follows __- - __ r---middot-middot- __ ____ ______ ____ ___ ___j
~~~~~-~-plusmn=~- Director of Finance of the State of California
middot----middotmiddot-middotmiddotmiddot--middot~middot---------middotmiddotmiddot--middotmiddot-middot----middot-middot---middotmiddotmiddot-middot---middot-middotmiddot-----middot--middot-----------middot-middot-middotmiddot---middot-middot---middot--------middot-middot-----middot--middot---middot---middot--middot--middotmiddot--middot-middot----middot-middot--1-~--~middot~middotmiddot--middot-middotmiddotmiddot-~~ Conditions (if applicable)
middot-E~c~tivmiddots~~~tarymiddotrmiddotilieP~~~~dMo~-~YI~~t1 Boad-middot-middot--------middot-middot-middot-middot-------middot---- ________________ __TD~t~-middot-middot------middot-middot1 i ~-----middotmiddot---middot-middot--_________- ---middot--middot-----middot----middot----------middot-middot--middot-middot----------middot-------__________J____________l
INSTRUCTIONS TO CONTROLLER I i ~ 1 ~-~ Proceeds from this loan should be invested in the Surplus MoneYinvestirtent Fund SMIF earnings and bond proceeds will pay interest
) The General Fund will pay interest Do not invest loan proceeds in SMIF lCommercial Paper will be used to repay this loan Y~s middot - V No
Reserve $ _______________ of the proceeds from this loan for Cost of Issuance PMIA interest and administrative costs
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(epartment Name Department of Mental Health Project Name Atascadero 250-Bed Remediation ---_
- Year 2011 Est Project Completion Date 10302010
Date 412011 Est Phase Completion Date Acquisition
Loan Amount lt1l $ 6125000 Prelim Plans
Work Draw Funds Disbursed to Date $ 6038196 Per SCO Report dated 52411 1112009 Constr lt2l
~ame of Bond Program Public Buildings Construction Fund Equip
Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year Projection Disbursements Months Disbursements D-B)
0
Prior yrs 571970200 5719702
1 May-10 1302600 5732728 c 2 Jun-10 1336000 2142000 5754148 c 3 Jul-10 1336000 1882900 5772977 c 4 Aug-10 1336000 5772977 c 5 Sep-10 1336000 183700 5774814 c 6 Oct-10 334000 601200 5780826 c 7 Nov-10 384100 5784667 c 8 Dec-10 133600 5786003 c 9 Jan-11 5786003 c
10 Feb-11 5786003 c 11 Mar-11 5786003 c 12 Apr-11 6925800 5855261 C
~~~~~]~mlftltttt~bull~~~~~~~~~~~~~=~~~~~~~l~riir~ 13 May-11 500000 6110238 C
C14 Jun-11 500000 6115238
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11f-------1
191--_ _N__o_v_-11j
20 Dec-111---____--1 21 Jan-12
1--------1
~ 22 Feb-12 (___j 23 Mar-12
1---______~
(~~ nrlrl Anr_-_1 ) housand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application bull
(3) Projected Admin includes estimated fees from STO SCO and DOF
500000
500000
6120238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125000
c c c c c c c c c c
State of California- State Treasurers Office LOAN REQUEST New Loan fZ1 Renewal 0
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs II ~o~~LNO~LY ( 0 OOltoC
~ PART L LOAN REQUESTBOND PROGRAM INFORMATION f~ (Completed by Requesting Department) bull artment I Total Project Appropriation Amount Requested -corrections and Rehabilitation middot i $30000000000 I $682600000 middot----middot~---------middot--middotmiddot--middot-middot------middot----middot--middot----------------------middot------------middot--lmiddot------middotmiddot----middot-----middot-middot-middot-middot-l---middot-middot--middot-middot-----middot------- shyAppropriation(s) to be Funded ~71B -~ Statutory Authority I Date Funds Needed SB 81 Ch 17507 (as amended 8rpoundG 1828 Ch 729Mf) i Welfare and Institutions Code Chapter I 6182011 5225-801-0660 6101753 M3 l 15 Article 3 Sectio~970 1~11 I
_-Q~-~-X~~~fl9ffeE~~ Reh__Qilit~_i~~EiiEJ~~hasc I_ middot ~t1fgtDepartment Contact Titl~---middotmiddot--middot---middotmiddot------middot---middot----middot-middot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middot----middotmiddotmiddot-middotrmiddotPho~middot~~--------
i~~~~ffi(~O~~~~~-~-T fB d J General Obligation ReVeiiue
-N~~~~orb~middotmiddot~dAsp-elfAg~icI~~rg____0_~_21~-eJf-Jgi9_ainK--middotmiddot middotmiddot-~~~~~s-PPs~~~~tilmiddot~middotmiddotmiddotr~o-t~middotmiddot----131Bmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddot--middot--middotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddot-middot--middot-stanislaus County Juvenile ~ommitment Center
Appropriation to be Used D G C Section 167246 Project Contact (SPWB Only) I Phone middot~middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot
for STO Admin Costs D Other__ Darlene Maston I 916-255-2237 state con tr~ji~~middot~middot-middotorfi~middot~middotmiddotp~~imiddottc-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-shy middot-middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddot middotmiddotmiddothasemiddotmiddotrjgtmiddotJ-~middotimiddotmiddotcseTeZimiddotmiddotaIcmiddotmiddotitmiddotmiddotmiddot~iJmiddotiJiy)~middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotpoundsimiddotj~~middotCiTe~i-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot
0 A 0 PP 0 WD fZI C 0 E 0 D-B Completion Date 2152013
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments I 0 To fund an escrow or condenmation deposit fund 0 To pay vendors directly 0 To finance loans to persons other than governmental entities fZI To reimburse local government for vendor payments 0 To make advances to State Architect Revolving Fund D In a trade or business carried on by a nongovernmental person 1 If Yes specify DGS-PMB Project No (J0 To make advances to other state funds If yes specify
--A Will any part of the debt service on the bonds tl1at secure this loan be either secured by or paid from property used in a private business or from federal funds Yes 0 No fZI (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No O IfYES the repayments will be used to 0 pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
-----~i~-- fRol~I~~~~-----G~--~~~=~~=====Famp~=t=l==gF~
(
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
0 This application is reconnnended for approval subject to the following conditions D First$ to be used to payreduce existing PMIB loan _____ D Reduce amount of loan to $ _______
Conditions (ifltpplicable)
_O Ii~__ppJLc~ti~~i~ ~~~Ee~lt1~~9~~fo~E~~JQt~l1l~J~g_fi1~~1g_~RiY~~9~-middotmiddot-middotmiddot--middotmiddotmiddot-middotmiddotmiddot--middot-middot-middotmiddotmiddotmiddotmiddot-middot----~---middot-middot-------middotmiddotmiddot--middotmiddot-middot-----middotmiddotmiddotmiddot-middot---middot-middot-middot-middotmiddot--middotmiddotmiddotmiddotmiddot-signature Director Public Finance Division j Date
l 1 i
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
-middot~is request is recommended for Oapproval 0 rejection 0 modification ____pproved loan amount Loan to be made no sooner than _________ Loan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded
middot-s-gra~re~middot-Ex~-c-u-iT~e-semiddot~~eiarY----middot-middot-----middot-----middot--middot-middot----middotmiddot-middotmiddot-middot---------middot--middot----middot-middot----middot-middotmiddot-middotmiddot-middot------middot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddotmiddot------middot-middotmiddoto-aimiddot--middotmiddot-middotmiddotmiddot-middotmiddotmiddot-------middotmiddotmiddot-middotmiddot--middot-----middot----middotmiddotmiddotmiddot--middot-middot-middotmiddot
____
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
lo 006b _I
----middot-middot-middot-middot-~--middot1
r agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and 1----__ Pooled Money Investment Board (the Board) lends funds as specified below
Total project appropriation $30000000000 Proposed Funding Date 6182011
Loan Amount $682600000 At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state hoi iday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following
s~~~~r~~~ntl_~_~o --middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddot-middot---middot-middotmiddotmiddotmiddotmiddot-middot-middot-middot---middotmiddot-middot-middot-middotmiddotmiddotmiddot~~a~--middot--middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middot---middot-middot-middotmiddot-----middotmiddot-middotmiddot-middotmiddot---middot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot---middot--middot---middotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddot- middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot---middot~ i SB 81 Ch 17507 (as amended 8yen AIHI~middoth-7i91W) 5225-801-06606101753
1_1~pound~~-X~Il~~~IQ~I~~-~E_~p~_~y~_l~lti~i~~-~--~-tJgt~----middotmiddotmiddotmiddotmiddot-middot--middotmiddotmiddot-middot--middotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddot----middotmiddotmiddot-middotmiddotmiddot-middotmiddot--middot---middotmiddotmiddotmiddot--middotmiddot-middotmiddot-middot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot ----middot---jADMINISTRATIVE AUTHORIZATION
_ll_~_ltgt~--~-~C~-()_mm_~~pound~P~P~1bullfPP_lllI21E~2ll~~C-~Ctl_~lhQ~e~~Y~~iltgtSltgtf~iiSt~~Y~i_~ie~l~ol_lgt~~~_ _____________________ Adnrinistrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial
Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest fimiddotom the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan lfthe loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan middot
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds ofBonds or the proceeds of a new loan Payment from any other source is subject to appropriation
(~the State Legislatu_re
~lAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~PPI~CgtP~aisgt~~iJ~)_~_[ltE ~~hP~TP_~~~_---middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middot----middot-------middotmiddotmiddotmiddotmiddotmiddot-------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middot----middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddot middotmiddotmiddot--middotmiddot---middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddot---middot--middotmiddot---------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot i State Agency Name
jJ~P~r_lfl _lt_~E~~poundi~l~~l~_~~~~iol-----middot--middotmiddot--middotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddot--middot-- middotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddot--middot----- middotmiddotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddot----middot-middotmiddot--middot---middotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddot-middot--- middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot----middotmiddotmiddot--middotmiddotmiddot-- _
--T~=I ~~~~~~-i-~~=~~-~=---~-=cr~~__~~~~~~-~-=--middot~~-~--- middot-middotmiddotmiddotmiddot-middot-middoti -~-iAL 1 POOLED MONEY INVESTMENT BO i
iThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of
and the vote was as follows i
i_~_~-middot~-~~-~~~~-~=~~~~~ ____middotmiddot_=----~-~~-=~-~~middotmiddot~~~~sect-~~middot==-=~~-~middot~~~~middot~~=middotmiddot~middotmiddotmiddotmiddot~~=--~-==middot~~~-~-~~I~middot~middot~-middot~~~~Y~~~~middotmiddot~~-~~~~[middot~-~~~B~~~~=Ji Treasurer of the State of California I 1 l~MoHOoHHOHoH-gtHoooobull-bullbull-bullbullbullbullbull---middot-middot--bullbullbull-bullbull---middot-middotbull-MoOHHgtMHObullobulloo-bullbull-bullbull-bull-bullbull---bullbull--H--0-----middot-middotbull--middotmiddot-bullbullbullbullbullH~__-bullbullbullbull-bullbull+bullbull-HOoooOHooHooHoHooOHMo-oMo-oOOoO-Moooooo Moool
Controller of the State of California j j ji _MOOMOMOOMMO MOMM-__MMMMMOOMO---middot--middot--------middot--middotmiddot middotmiddotmiddot-middotmiddotmiddot-middotbullbullMMMOOMMO-MOOMMM _00-00Mbull-o0M_00000MOM-MMMMooMOMMOM-0000_0_00M--00000MMoM0-00-M000000000-0M000000-MOM-OOOM00000000-M0M00MM00000000MM00MOOOOMMiOMOM0_0_000000MOM-00000000-0MMO_M_ __ J- _ ___________________i______ Director of Finance of the State of California i ~-C-o~middot(jjtf)middot~~--(jf~ppif~~b-i~middot)~-----middotmiddot-middot--------middot-----middot--------------middot-------middotmiddotmiddotmiddot---middot-middot-----middotmiddotmiddot---middot---middot-------middot----middot--middotmiddot--middot--Lmiddotmiddot-middot-----middot--middot-middot---middotmiddotmiddot----middotmiddot-------L-----middot------middot-middot--------middot-i
I i jl-----middot-------middot-----middot-----middot----------middot--middot--middot------middot-----middot---------middot------------middot--middot------_____________________________________________-------------middot---middot-middot-middot-middot-middot--middot--middot--middot----middot-----middot----middot-middot_________________________s-_middot-----middot-middot--middot------middot---middot-li Executive Secretary of the Pooled Money Investment Board Date I I i i
i ~- l i
L---------middot----middot---middot---------middot-------------middot-----middot---middot--middot-----------middot--------middot-middot---------------------middot-middot---------middot---- ------middot--middot------middot-middot-middot---middot-middotmiddotmiddot---middot---middot-middot-------middot------middot-----middot-middot--middot----t--middot---middot---------middot------middot-middot-jmiddot-ISTRUCTIONS TO CONTROLLER
( J middotv Proceeds from this loan should be invested in the Surplus Money Investment Fund SMJF earnings and bond proceeds will pay interest ~ The General Fund will pay interest Do not invest loan proceeds in SMIF
Commercial Paper will be used to repay this loan Yes V No
Reserve $_______________ of the proceeds from this loan for Cost of Issuance PM IA interest and administrative costs
_~~~~~~0----
Rev (61 0)
MIA Loan Request for Revenue Bond Programs l Ol OObG
ashflow Statement
(~partment Name Corrections and Rehabilitation Project Name Stanislaus County Juvenile Commitment Center
~ Year 20112012 Est Project Completion Date 2152013
Date 5132011 Est Phase Completion Date NA Acquisition
6~826000 5132011
6212011 Work Draw
Loan Amount (1l __$ _____- Prelim Plans
Funds Disbursed to Date $ - Per SCO Report dated 0000 2152013 Constr (Zl
___---~---
Jame of Bond Program Lease Revenue-Stanislaus County Juvenile Commitment Ctr ___NA_____ Equip
_N_A_____ Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and the Next 12 Cumulative (APWCE
Year 0 n Actual Disbursements Months Disbursements D-B)
Prior yrsmiddot
1
2
3
4
0 5
6
7
8
9
10
11
12
16 11
17 Oct-11
18 Nov-11
19 Dec-11
20 Jan-12
21 Feb-12
22
(J 23
24
14
15
545 00000 552 500
818 00000 1 370 500 c 1 091 00000
1 091 00000
c
1 091 00000
1091 00000
c
1 091 00000
7 500
7 500
c
c
c
c
(1) Rounded up to nearest thousand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
0
_~~To_ ~- ~ 1shyl ~ 1gt1 0
0 OEPARTMENT OF EOMUNO G BROWN JRbullbull GOVERNOR
~-FDotF I N A N C E ----S-TA-TE-C~A-P-ITC-1-bull~R-o-o-M-~~45~~S-AC_RA_M_EN_T_o-C-A-bull-9-5~B~1--4-4~9-i=-B-8~www~~o-c~~CA-llc~v CFFICE CIF THE DIRECTCIR
May 12 2011
Mr Bill Dowell Administrator Pooled Money Investment Board 915 Capitol Mall Room 106 Sacramento CA 95814
Dear Mr Dowell
AB 55 Loan Application for County of Stanislaus Juvenile Commitment Center Project
The following detennination is respectfully submitted pursuant to the Pooled Money Investment Board Pooled Money Investment Account Loan Policy adopted October 20 2010
This loan request is for the states share of costs for the County of Stanislaus Juvenile Commitment Center Project one of many youthful offender rehabilitative facility projects included in the SB 81 Youthful Offender Rehabilitative Facilities Construction Financing Program middotIn this program the county rather than a state agency manages the construction contract and process Furthermore the county is responsible for a portion of the project costs including any project cost overruns Thus at this stage of the project it is fiscally prudent to fund the construction costsmiddot using an interim loan rather than to issue bonds until final costs are known and we are confident the county will have fully funded its share
Based on the factors noted above the Director of Finance has determined the project is not appropriate for upfront bond funding and therefore interim financing is necessary to fund the -construction phase of the project If you have any questions or need additional information regarding this matter please call Chris Lief Principal Program Budget Analyst at (916) 445-9694
ANAJMATOSANTOS Director By
1~ (-gt2--shyMICHAEL COHEN Chief Deputy Director
icc FINN ROGERS LIEF BENSON CF (3) SUSPENSE FILE 0
Rev (610)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
i~partment Name Department of Foresty and Fire Protection Project Name Growlersburg Conservation Camp ---shy
Year 2011 Est Project Completion Date
Date 4292011 Est Phase Completion Date
Loan Amount lt 1l $ 1751000
Funds Disbursed to Date $ 1 587371 Per SCO Report dated 33011
~arne of Bond Program Public Buildings Construction Fund
Priory
0
(J
rs
(1) (2)
Month and
Year
7107-4302010
Original
Projection
(3) (4)
Actual
Disbursements
Projections for
the Next 12
Months
1 632 5071)
1 May-1 0 -2 Jun-1 0 -3 Jul-1 0 -4 Aug-10 -5 Sep-1 0 -
6 Oct-10 -7 Nov-10 -8 Dec-10 middot -9 Jan-11 -
10 Feb-11 -11 Mar-11 -12 Apr-11 -
gti bull ~68911hter~~k~illlliili11famptilt0l~lt middotmiddotmiddotmiddot~
_ __430-=2017___
___NA~-- Acquisition
10302012 Prelim Plans
10302013 Work Draw
4302017 Constr lt2l
______ Equip
_______ Design-Build
(5) (6)
Phase of
Project
Cumulative (APWCE
Disbursements D-B)
1632507 p
1 632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1 632 507 p
1632507 p
1 632 507 p
1 632 507 p libullcmiddot~()qbull1 JjjfJS~~ ~middot I~Adr~~EN~I3l~~IZ middotd28tBni [D ~ G
lmrrKmiddotbullymiddot~r 1~b bull 11 v (5btJ()bi May-11
14
13
Jun-11
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11
19 Nov-11
20 Dec-11
21 Jan-12
22 Feb-12
23 Mar-12
(1 bullllnrlFrl lln Anr_j ) bullnno~n-4IHV-u
p1 750 824-p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824 -p1 750 824-p1 750 824 -p1 750 824 -p1 750 824 -p1 751 000 -
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
I
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal~
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs IPMIBUNO~LY 0 l DO laS PART I LOAN REQUESTBOND PROGRAM INFORMATION
(Completed by Requesting Department)
( rtment Total Project Appropriation 9Arnount Requested ~ 1shymiddot__ middotltartment of Education j SNQJS3Q()G66 -(J_vnDO() 1 $52800hl)0 ~z~ lt)C)O
Appropriation(s) to be Funded IStatutory Authority j Date Funds Needed Chapter 171 Statute of2007 Item 6110-301-0660(3) I Government Code Section 15830 1 6172011
I I I
Department Contact i Title I Phone Allen Young j DCMS 1 916-445-4557 Department Directors Name (please print) I Signatur~tPfA ID~~1fRichard Zeiger Chief Deputy Superintendent l k If
IGeneral Obligation Revenue (jType ofBonds ~SPWB 0 Other0 SelfLj91_Qatigg___ONpn-S~)fLiguidating -
Name ofSPWB or Other Project Academic Support Cores Bus Loop and Renovation
Name of GO Bond Act
-----middot---------------~-Project Contact (SPWB Only) ~ Phone middot
middot-middot~~ STO AdniE_Sost~---~ Other 9~middot15~_30 Appropriation to be Used D GC Section 167246
)e bb1-e WokM ----------middot(~I()-~~liD__ State Controllers Office Fund Phase of~ct (select all that apply) Est Project
D A Iamp] PP l WD D c DE D D-B Completion Date 4282014
Use of Loan Proceeds 1 Will any ofthe loan proceeds be used (Please check ifanswer is yes to any ofthe following)
D To make advances to local governments i D To fund an escrow or condemnation deposit fund IZJ To pay vendors directly I D To fmance loans to persons other than governmental entities D To reimburse local government for vendor payments I IZJ To make advances to State Architect Revolving Fund DIn a trade or business carried on by a nongovernmental person If Yes specify DGS-PMB Project No 124637 D To make advances to other state funds If yes specify
=)Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private business or from federal funds Yes D No IZJ (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No D IfYES the repayments will be used to D pay debt service or D to fund more projects middot
ADMINISTRATNE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES - lResolution Number I s T~--~--C~---Tmiddot---~ t
Administrative Entity i 1 1 1(GO ONLY) a e oan a e I i I i I--middot- shy
State Public Works Board------middot-____ - l -----=r -B-t---~-t--B- middot-F 9il42~o7___ _____
--middotmiddot--- 1 d--1--o---r-middoto---r-middot----shy1
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
lXI This application is recommended for approval subject to the following conditions ~ First$ 50(pJOOO 00 to be used to payreduce existing PMIB loan Of 000fo D Reduce amount ofloan to $ _______
Conditions (if applicable) Jd This aeelication i~ not r~commend~~ for aeeroval by the Public Fin311ce Divi_~_lmiddoto=nc__________-=----------- shySignature Director Public Finance Division j Date
I PART III RECOMMENDATION
(Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Dapproval D rejec~ion D modification -A-uproved loan amount ~ ~ Lo8p Jo be made riosooner than ( n is due 364 days (or the next preceding business day if the due date falls on a state holiday-a~s=-a-t-u-rd-=-a-y_o_r_a_S_u_n_d_ay) from
-ufe date the loan is funded middot Signature Executive Secretary Date
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I FOR STO USE ONLy
I PMIB NO I 0 I 00 5 l
Tb--agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( Jed Money Investment ~ard (the Board) lends funds as specified below -- j I 111Y27oOO Total project appropriation $163839QQOO Proposed Funding Date 6172011 Loan Amount $i1800fiOO E ~ 1OtgtO ~ At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business daymiddotifthe due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following ~tatu_es (Bo~-6~--- _ middot ___ l~h 171 Statute of2007 Item 6110-301-0660(3)shy middot=J ADMINISTRATIVE AUTHORIZATION The bond sale commercial ~er if lpoundPIicable1 and this loan have been autho~ized by_actions of administrative entities as follows
Administrative Entity I ResolutionOther I Date l
t=~te Pu_~ic ~orks Boar~=-~=~~--middot-r-~~~~~RRiova~~---------L~~~=-------middot-middot-middot-----middot--j The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the statemiddotagency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subJect to appropriation by the State Legislature
(~N RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
__IRl~l_i_~~~~ available foi_such_p~~~~
IState Agency Name middot -------1 __)~~artment of Educatio_n___ middot---- shyi Directors Signature llJpoundJmiddotState Public Works Board (if applicable)
Administrative Secretary Signature ~==~~~----~~21-tL__1
POOLED MONEY INVESTMENT BOARD EXECUTIVE SE-fl--f1
The Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of 1 and the vote was as follows
MEMBER ----+~middot-middotA_YE J N_0_1 Treasurer of the State of California ~
Controller ofthe State of California DirectorofFinanceoftheStm~-o~f~C~a~l~ipound~orn-~ia------------------middot--------------------~-------------------~--------middot
~--~--~--~777-------------------------------------------------~-----------------L-------I Conditions (if applicable)
Executive Secretary of the Pooled Money Investment Board Date
INSTRUCTIONS TO CONTROLLER0 V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest ~ ) The General Fund will pay interest Do not invest loan proceeds in SMIF
ccfmmercial Paper will be used to repay this loan Yes No
Reserve$_______________________ of the proceeds from this loan for Cost oflssuance PMIA interest and administrative costs
l
______
______
Rev (610)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(apartment Name Department of Education Project Name Academic Support Cores -~
middot Yea~ 2011-12 Est Project Completion Date 4282014
Date 472011 Est Phase Completion Date ___n~a____Acquisition
Loan Amount (1gt $ 529000___----=~~_
Funds Disbursed to Date _$___504l54_6_ Per SCO Report dated 33011
~ame of Bond Program Public Buildings Construction Fund
(1) (2)
Month and Original
Year Projection
Prior yrs
1
2
3
4
5
60 7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22 ~ 23
U 24
(3)
Actual
Disbursements
(4)
Projections for
the Next 12
Months
__5132_01_1___ Prei i m PI a ns
__4122_012=--- Work Draw 2282014
-~=___
(5)
Cumulative
Disbursements
Constr (2l
Equip
Design-Build
(6)
Phase of
Project
(APWCE
D-B)
(1) Rounded up to nearest thousand
47202054
232950
~~r~~~~~~i~~11
299f8gt4~g~middotmiddot~~-~~ ~ bullbullbull I ~~~~H~ bull J
ltfAmiddotIf~t17~1middot~middotamiddot no bullbull lmiddot pound~ 1 1 1it bullbull bull bull
middoty-ltbullbull11~~~)~~~-~~f~~f~middott- ~50(~00
472021 D
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 p
474350 p ~tgtpound~~a~1~~c 1) bull t~ ( ~
lt-Cimiddot~c~- 504middot309 IFIitiNr~ ~v~middot bullfg(7ff ft(bull-- 528middot 9373~~~i~~t~ ~-middot~ ~ ~0i~t~~nr1~
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
529000 p
12008-5201 0
Jun-10
Jul-1 0
Aug-10
Sep-10
Oct-10
Nov-10
Dec-10
Jan-11
Feb-11
Mar-11
Apr-11
May-11
JH_ter~$t~f~~n~~~-~i~~~ g8ffil81f~~j~~i
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
Apr-12
May-12
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal [8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs PMI~~~~LYr o( oos l
PART I LOAN REQUESTBOND PROGRAM INFORMATION Com leted b Re uestin De artment
middot ~~~mhn~e~n~t------------------------~~==irr~r~~==u~~-~==l~IFTT~om~lfP~r~~~middotedct~A~pprop~ri~a~tio~n~--fjAk~n~ou~nt~RR~~ues~ro~-----i~ _ i ~05300000 Go nr lTi~ntal ___________ Health ~~~~I D1 Qlt)------------middot-middot--1 $6589066-00-middot--middot--------middot-----middot-middot---middot-L____ ___________________________________________ -- shy
Appropriation(s) to be Funded Statutory Authority I Date Funds Needed Chapter 1712007 Item No 4440-301-0660(2) Government Code Sec 15830 et seq ~26~611 tmiddot7-
middot-middot----------middot--middot------------middot--middot-middot------------ ----middot-middot--middot--middot--------------- --------shyDepartment Contact Title j Phone David Harner middot Chief Hospital OpeationsFiscal Supp I (916) 654-3600 middotn~~~~~~s-~~~~~~t)middot-----middot------ --______rsiinatre-------------~----~ -middot~---middotr~=~~-----middot-middot---shy
i General ObligationT 0 fB dype on s D Self Li uidatin D Other N~~-roo i3-0~ltLA-t----middot-q_ltgt-=---~~-middot=-middot-middot==-middotO~-==--middot--middot---middotmiddot--ll-middot-a-nmiddot-e--o-f-sPWB_0middotzoihd_Pro]eCimiddot------middot--middot-middot-middot-middotmiddot-middot-middot-middot-middot-------- ---
tascadero State Hospital 258 Bed Hospital Remediation API-jricrti~-~i~-b~-u~~-- o___ltic~ti~~-i-67246middotmiddot--middot______ middotoject-cmiddoti-aCt(srwmiddoti3-o~l)r)______r-yJ10ilemiddot---middot--_ ____
~~i2~fo~~Ife~~s~f-fi~=c-middoteFD=ubullndo~hccer=~~=--- uDmiddotmiddotmiddotamiddot-$middotmiddot~~~~-~~-
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments -~ D To fund an escrow or condenmation deposit fund 0 To pay vendors directly i 0 To finance loans to persons other than governmental entities 0 To reimburse local government for vendor payments [8] To make advances to State Architect Revolving FundJ
0 In a trade or business carried on by a nongovernmental person i If Yes specify DGS-PvfB Project No 124473 0 To make advances to other state funds If yes specify
I Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private ~J business or from federal funds Yes D No [8J (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No O If YES the repayments will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
obullbullobullbullbull-bull-bullbullbullbullbullbull~bullbullbull--bullbull-_________________HH----__--f-MH-bull0bull----middot-middot--bull-bullbullbullbullbullbull-1-----MMI--MO-
Administrative Entity Resol~~ioo~L~umber I Sale i Loan I middot CP i Date -___--middot-middotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot----middot-middot--middotmiddotmiddot--middotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot----middot-middot-middot-middotmiddotmiddot-middotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot--- middotmiddot-middot----middotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddot-middot-middot-middot-_-middotmiddotmiddot-middotmiddotmiddot---middot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot---__L---middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middot State Public Works Board i 0 I [8] 0 7132007- ___ ______________- 1_ 0
u- - ____+- ~~--I0 I
PART II RECOMMENDATION AND CONDITIONSshy(Completed by Public Finance Division of the State Treasurers Office)
~ This application is recommended for approval subject to the following conditions 0 First $ tlt bj used to payreduce existing PMIB loan __middot___ Kl Reduce amount ofloan to$ (DJ as JQaOO
Conditions (if applicable) middot
-~iniz~~~51~~E~u~ii~~~~~~~~~yent~d_f~r~EPr~~-~~L~~~~EJi~~il~~~-2i~i~ilt~--middot----___________________loaie--middot---_________
I
_
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval D rejection 0 modification middotj-middot~proved loan amount i _ Loan to be made no sooner than
an is due 364 days (or the next preceding business day if the due date falls on a state holiday_a_S_a-tu_r_d_a_y_o_r_a_S_u_n_d_a_y) from the date the loan is funded
Signarme E~etive Secretacy-----middot---middot-middot--middot-middot-middot------middot--------------------------middot--middotDate----------middot----------middot---shy
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
s agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( 1
bull ooled Money Investment Board (the Board) lends funds as specified below ~ ~ Total project appropriation $659800000 ~ Proposed Funding Date 51262611 G I J Loan Amount ~9S300()()0 -o-12-S bO
At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the Joan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Mpney Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale ofbonds (Bonds) authorized by the following statutes (Bond Act) rmiddotmiddotchapt-i7iifoo7~it~~-N~~444o3oio66o(i)- - -middot-middot-middotmiddot- middot-middot-middotmiddot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddot-middotmiddotmiddotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddot--_---middotmiddotmiddot-middot-middotmiddot-middotmiddot----middotmiddot--middot-l bull--bull-bull-Hbull---middot--middot-middot----bullbullbullbull--bullbullbull-bull-________________m_______________________________________l
ADMINISTRATIVE AUTHORIZATION _~_P-~f~l~-~-ltial_p_lPtJLlP~ipound1tltd tl~Jll_l~~-~~~ll~-~-I~~~EiY_~iQ~~-lfl~ilJ~rl~~-i~~flJ2)VS middot-------middot- Administrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act pennits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation by the State Legislature
OAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~EPE9Pi~i9P~Y~i~~~f9E_S~~hP~-9~~__________________
L~~~~~~~rM~n~ ~l~-middot-middot--__------middot------_ ___________________ ---middotmiddotmiddot J
~~-~~~~-----~~~~ L~~~~~-imiddot~middot~middot~middot~middoti~~~_S~~~~~-r ____d____-_________- __l~~gtltltlJI POOLED MONEY INVESTMENT BOARD EXECUTIVE SECRETARYS CERTIFICATION i 1IThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of __ and the vote was ___ as follows __- - __ r---middot-middot- __ ____ ______ ____ ___ ___j
~~~~~-~-plusmn=~- Director of Finance of the State of California
middot----middotmiddot-middotmiddotmiddot--middot~middot---------middotmiddotmiddot--middotmiddot-middot----middot-middot---middotmiddotmiddot-middot---middot-middotmiddot-----middot--middot-----------middot-middot-middotmiddot---middot-middot---middot--------middot-middot-----middot--middot---middot---middot--middot--middotmiddot--middot-middot----middot-middot--1-~--~middot~middotmiddot--middot-middotmiddotmiddot-~~ Conditions (if applicable)
middot-E~c~tivmiddots~~~tarymiddotrmiddotilieP~~~~dMo~-~YI~~t1 Boad-middot-middot--------middot-middot-middot-middot-------middot---- ________________ __TD~t~-middot-middot------middot-middot1 i ~-----middotmiddot---middot-middot--_________- ---middot--middot-----middot----middot----------middot-middot--middot-middot----------middot-------__________J____________l
INSTRUCTIONS TO CONTROLLER I i ~ 1 ~-~ Proceeds from this loan should be invested in the Surplus MoneYinvestirtent Fund SMIF earnings and bond proceeds will pay interest
) The General Fund will pay interest Do not invest loan proceeds in SMIF lCommercial Paper will be used to repay this loan Y~s middot - V No
Reserve $ _______________ of the proceeds from this loan for Cost of Issuance PMIA interest and administrative costs
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(epartment Name Department of Mental Health Project Name Atascadero 250-Bed Remediation ---_
- Year 2011 Est Project Completion Date 10302010
Date 412011 Est Phase Completion Date Acquisition
Loan Amount lt1l $ 6125000 Prelim Plans
Work Draw Funds Disbursed to Date $ 6038196 Per SCO Report dated 52411 1112009 Constr lt2l
~ame of Bond Program Public Buildings Construction Fund Equip
Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year Projection Disbursements Months Disbursements D-B)
0
Prior yrs 571970200 5719702
1 May-10 1302600 5732728 c 2 Jun-10 1336000 2142000 5754148 c 3 Jul-10 1336000 1882900 5772977 c 4 Aug-10 1336000 5772977 c 5 Sep-10 1336000 183700 5774814 c 6 Oct-10 334000 601200 5780826 c 7 Nov-10 384100 5784667 c 8 Dec-10 133600 5786003 c 9 Jan-11 5786003 c
10 Feb-11 5786003 c 11 Mar-11 5786003 c 12 Apr-11 6925800 5855261 C
~~~~~]~mlftltttt~bull~~~~~~~~~~~~~=~~~~~~~l~riir~ 13 May-11 500000 6110238 C
C14 Jun-11 500000 6115238
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11f-------1
191--_ _N__o_v_-11j
20 Dec-111---____--1 21 Jan-12
1--------1
~ 22 Feb-12 (___j 23 Mar-12
1---______~
(~~ nrlrl Anr_-_1 ) housand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application bull
(3) Projected Admin includes estimated fees from STO SCO and DOF
500000
500000
6120238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125000
c c c c c c c c c c
State of California- State Treasurers Office LOAN REQUEST New Loan fZ1 Renewal 0
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs II ~o~~LNO~LY ( 0 OOltoC
~ PART L LOAN REQUESTBOND PROGRAM INFORMATION f~ (Completed by Requesting Department) bull artment I Total Project Appropriation Amount Requested -corrections and Rehabilitation middot i $30000000000 I $682600000 middot----middot~---------middot--middotmiddot--middot-middot------middot----middot--middot----------------------middot------------middot--lmiddot------middotmiddot----middot-----middot-middot-middot-middot-l---middot-middot--middot-middot-----middot------- shyAppropriation(s) to be Funded ~71B -~ Statutory Authority I Date Funds Needed SB 81 Ch 17507 (as amended 8rpoundG 1828 Ch 729Mf) i Welfare and Institutions Code Chapter I 6182011 5225-801-0660 6101753 M3 l 15 Article 3 Sectio~970 1~11 I
_-Q~-~-X~~~fl9ffeE~~ Reh__Qilit~_i~~EiiEJ~~hasc I_ middot ~t1fgtDepartment Contact Titl~---middotmiddot--middot---middotmiddot------middot---middot----middot-middot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middot----middotmiddotmiddot-middotrmiddotPho~middot~~--------
i~~~~ffi(~O~~~~~-~-T fB d J General Obligation ReVeiiue
-N~~~~orb~middotmiddot~dAsp-elfAg~icI~~rg____0_~_21~-eJf-Jgi9_ainK--middotmiddot middotmiddot-~~~~~s-PPs~~~~tilmiddot~middotmiddotmiddotr~o-t~middotmiddot----131Bmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddot--middot--middotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddot-middot--middot-stanislaus County Juvenile ~ommitment Center
Appropriation to be Used D G C Section 167246 Project Contact (SPWB Only) I Phone middot~middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot
for STO Admin Costs D Other__ Darlene Maston I 916-255-2237 state con tr~ji~~middot~middot-middotorfi~middot~middotmiddotp~~imiddottc-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-shy middot-middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddot middotmiddotmiddothasemiddotmiddotrjgtmiddotJ-~middotimiddotmiddotcseTeZimiddotmiddotaIcmiddotmiddotitmiddotmiddotmiddot~iJmiddotiJiy)~middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotpoundsimiddotj~~middotCiTe~i-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot
0 A 0 PP 0 WD fZI C 0 E 0 D-B Completion Date 2152013
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments I 0 To fund an escrow or condenmation deposit fund 0 To pay vendors directly 0 To finance loans to persons other than governmental entities fZI To reimburse local government for vendor payments 0 To make advances to State Architect Revolving Fund D In a trade or business carried on by a nongovernmental person 1 If Yes specify DGS-PMB Project No (J0 To make advances to other state funds If yes specify
--A Will any part of the debt service on the bonds tl1at secure this loan be either secured by or paid from property used in a private business or from federal funds Yes 0 No fZI (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No O IfYES the repayments will be used to 0 pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
-----~i~-- fRol~I~~~~-----G~--~~~=~~=====Famp~=t=l==gF~
(
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
0 This application is reconnnended for approval subject to the following conditions D First$ to be used to payreduce existing PMIB loan _____ D Reduce amount of loan to $ _______
Conditions (ifltpplicable)
_O Ii~__ppJLc~ti~~i~ ~~~Ee~lt1~~9~~fo~E~~JQt~l1l~J~g_fi1~~1g_~RiY~~9~-middotmiddot-middotmiddot--middotmiddotmiddot-middotmiddotmiddot--middot-middot-middotmiddotmiddotmiddotmiddot-middot----~---middot-middot-------middotmiddotmiddot--middotmiddot-middot-----middotmiddotmiddotmiddot-middot---middot-middot-middot-middotmiddot--middotmiddotmiddotmiddotmiddot-signature Director Public Finance Division j Date
l 1 i
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
-middot~is request is recommended for Oapproval 0 rejection 0 modification ____pproved loan amount Loan to be made no sooner than _________ Loan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded
middot-s-gra~re~middot-Ex~-c-u-iT~e-semiddot~~eiarY----middot-middot-----middot-----middot--middot-middot----middotmiddot-middotmiddot-middot---------middot--middot----middot-middot----middot-middotmiddot-middotmiddot-middot------middot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddotmiddot------middot-middotmiddoto-aimiddot--middotmiddot-middotmiddotmiddot-middotmiddotmiddot-------middotmiddotmiddot-middotmiddot--middot-----middot----middotmiddotmiddotmiddot--middot-middot-middotmiddot
____
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
lo 006b _I
----middot-middot-middot-middot-~--middot1
r agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and 1----__ Pooled Money Investment Board (the Board) lends funds as specified below
Total project appropriation $30000000000 Proposed Funding Date 6182011
Loan Amount $682600000 At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state hoi iday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following
s~~~~r~~~ntl_~_~o --middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddot-middot---middot-middotmiddotmiddotmiddotmiddot-middot-middot-middot---middotmiddot-middot-middot-middotmiddotmiddotmiddot~~a~--middot--middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middot---middot-middot-middotmiddot-----middotmiddot-middotmiddot-middotmiddot---middot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot---middot--middot---middotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddot- middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot---middot~ i SB 81 Ch 17507 (as amended 8yen AIHI~middoth-7i91W) 5225-801-06606101753
1_1~pound~~-X~Il~~~IQ~I~~-~E_~p~_~y~_l~lti~i~~-~--~-tJgt~----middotmiddotmiddotmiddotmiddot-middot--middotmiddotmiddot-middot--middotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddot----middotmiddotmiddot-middotmiddotmiddot-middotmiddot--middot---middotmiddotmiddotmiddot--middotmiddot-middotmiddot-middot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot ----middot---jADMINISTRATIVE AUTHORIZATION
_ll_~_ltgt~--~-~C~-()_mm_~~pound~P~P~1bullfPP_lllI21E~2ll~~C-~Ctl_~lhQ~e~~Y~~iltgtSltgtf~iiSt~~Y~i_~ie~l~ol_lgt~~~_ _____________________ Adnrinistrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial
Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest fimiddotom the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan lfthe loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan middot
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds ofBonds or the proceeds of a new loan Payment from any other source is subject to appropriation
(~the State Legislatu_re
~lAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~PPI~CgtP~aisgt~~iJ~)_~_[ltE ~~hP~TP_~~~_---middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middot----middot-------middotmiddotmiddotmiddotmiddotmiddot-------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middot----middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddot middotmiddotmiddot--middotmiddot---middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddot---middot--middotmiddot---------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot i State Agency Name
jJ~P~r_lfl _lt_~E~~poundi~l~~l~_~~~~iol-----middot--middotmiddot--middotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddot--middot-- middotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddot--middot----- middotmiddotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddot----middot-middotmiddot--middot---middotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddot-middot--- middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot----middotmiddotmiddot--middotmiddotmiddot-- _
--T~=I ~~~~~~-i-~~=~~-~=---~-=cr~~__~~~~~~-~-=--middot~~-~--- middot-middotmiddotmiddotmiddot-middot-middoti -~-iAL 1 POOLED MONEY INVESTMENT BO i
iThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of
and the vote was as follows i
i_~_~-middot~-~~-~~~~-~=~~~~~ ____middotmiddot_=----~-~~-=~-~~middotmiddot~~~~sect-~~middot==-=~~-~middot~~~~middot~~=middotmiddot~middotmiddotmiddotmiddot~~=--~-==middot~~~-~-~~I~middot~middot~-middot~~~~Y~~~~middotmiddot~~-~~~~[middot~-~~~B~~~~=Ji Treasurer of the State of California I 1 l~MoHOoHHOHoH-gtHoooobull-bullbull-bullbullbullbullbull---middot-middot--bullbullbull-bullbull---middot-middotbull-MoOHHgtMHObullobulloo-bullbull-bullbull-bull-bullbull---bullbull--H--0-----middot-middotbull--middotmiddot-bullbullbullbullbullH~__-bullbullbullbull-bullbull+bullbull-HOoooOHooHooHoHooOHMo-oMo-oOOoO-Moooooo Moool
Controller of the State of California j j ji _MOOMOMOOMMO MOMM-__MMMMMOOMO---middot--middot--------middot--middotmiddot middotmiddotmiddot-middotmiddotmiddot-middotbullbullMMMOOMMO-MOOMMM _00-00Mbull-o0M_00000MOM-MMMMooMOMMOM-0000_0_00M--00000MMoM0-00-M000000000-0M000000-MOM-OOOM00000000-M0M00MM00000000MM00MOOOOMMiOMOM0_0_000000MOM-00000000-0MMO_M_ __ J- _ ___________________i______ Director of Finance of the State of California i ~-C-o~middot(jjtf)middot~~--(jf~ppif~~b-i~middot)~-----middotmiddot-middot--------middot-----middot--------------middot-------middotmiddotmiddotmiddot---middot-middot-----middotmiddotmiddot---middot---middot-------middot----middot--middotmiddot--middot--Lmiddotmiddot-middot-----middot--middot-middot---middotmiddotmiddot----middotmiddot-------L-----middot------middot-middot--------middot-i
I i jl-----middot-------middot-----middot-----middot----------middot--middot--middot------middot-----middot---------middot------------middot--middot------_____________________________________________-------------middot---middot-middot-middot-middot-middot--middot--middot--middot----middot-----middot----middot-middot_________________________s-_middot-----middot-middot--middot------middot---middot-li Executive Secretary of the Pooled Money Investment Board Date I I i i
i ~- l i
L---------middot----middot---middot---------middot-------------middot-----middot---middot--middot-----------middot--------middot-middot---------------------middot-middot---------middot---- ------middot--middot------middot-middot-middot---middot-middotmiddotmiddot---middot---middot-middot-------middot------middot-----middot-middot--middot----t--middot---middot---------middot------middot-middot-jmiddot-ISTRUCTIONS TO CONTROLLER
( J middotv Proceeds from this loan should be invested in the Surplus Money Investment Fund SMJF earnings and bond proceeds will pay interest ~ The General Fund will pay interest Do not invest loan proceeds in SMIF
Commercial Paper will be used to repay this loan Yes V No
Reserve $_______________ of the proceeds from this loan for Cost of Issuance PM IA interest and administrative costs
_~~~~~~0----
Rev (61 0)
MIA Loan Request for Revenue Bond Programs l Ol OObG
ashflow Statement
(~partment Name Corrections and Rehabilitation Project Name Stanislaus County Juvenile Commitment Center
~ Year 20112012 Est Project Completion Date 2152013
Date 5132011 Est Phase Completion Date NA Acquisition
6~826000 5132011
6212011 Work Draw
Loan Amount (1l __$ _____- Prelim Plans
Funds Disbursed to Date $ - Per SCO Report dated 0000 2152013 Constr (Zl
___---~---
Jame of Bond Program Lease Revenue-Stanislaus County Juvenile Commitment Ctr ___NA_____ Equip
_N_A_____ Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and the Next 12 Cumulative (APWCE
Year 0 n Actual Disbursements Months Disbursements D-B)
Prior yrsmiddot
1
2
3
4
0 5
6
7
8
9
10
11
12
16 11
17 Oct-11
18 Nov-11
19 Dec-11
20 Jan-12
21 Feb-12
22
(J 23
24
14
15
545 00000 552 500
818 00000 1 370 500 c 1 091 00000
1 091 00000
c
1 091 00000
1091 00000
c
1 091 00000
7 500
7 500
c
c
c
c
(1) Rounded up to nearest thousand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
0
_~~To_ ~- ~ 1shyl ~ 1gt1 0
0 OEPARTMENT OF EOMUNO G BROWN JRbullbull GOVERNOR
~-FDotF I N A N C E ----S-TA-TE-C~A-P-ITC-1-bull~R-o-o-M-~~45~~S-AC_RA_M_EN_T_o-C-A-bull-9-5~B~1--4-4~9-i=-B-8~www~~o-c~~CA-llc~v CFFICE CIF THE DIRECTCIR
May 12 2011
Mr Bill Dowell Administrator Pooled Money Investment Board 915 Capitol Mall Room 106 Sacramento CA 95814
Dear Mr Dowell
AB 55 Loan Application for County of Stanislaus Juvenile Commitment Center Project
The following detennination is respectfully submitted pursuant to the Pooled Money Investment Board Pooled Money Investment Account Loan Policy adopted October 20 2010
This loan request is for the states share of costs for the County of Stanislaus Juvenile Commitment Center Project one of many youthful offender rehabilitative facility projects included in the SB 81 Youthful Offender Rehabilitative Facilities Construction Financing Program middotIn this program the county rather than a state agency manages the construction contract and process Furthermore the county is responsible for a portion of the project costs including any project cost overruns Thus at this stage of the project it is fiscally prudent to fund the construction costsmiddot using an interim loan rather than to issue bonds until final costs are known and we are confident the county will have fully funded its share
Based on the factors noted above the Director of Finance has determined the project is not appropriate for upfront bond funding and therefore interim financing is necessary to fund the -construction phase of the project If you have any questions or need additional information regarding this matter please call Chris Lief Principal Program Budget Analyst at (916) 445-9694
ANAJMATOSANTOS Director By
1~ (-gt2--shyMICHAEL COHEN Chief Deputy Director
icc FINN ROGERS LIEF BENSON CF (3) SUSPENSE FILE 0
I
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal~
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs IPMIBUNO~LY 0 l DO laS PART I LOAN REQUESTBOND PROGRAM INFORMATION
(Completed by Requesting Department)
( rtment Total Project Appropriation 9Arnount Requested ~ 1shymiddot__ middotltartment of Education j SNQJS3Q()G66 -(J_vnDO() 1 $52800hl)0 ~z~ lt)C)O
Appropriation(s) to be Funded IStatutory Authority j Date Funds Needed Chapter 171 Statute of2007 Item 6110-301-0660(3) I Government Code Section 15830 1 6172011
I I I
Department Contact i Title I Phone Allen Young j DCMS 1 916-445-4557 Department Directors Name (please print) I Signatur~tPfA ID~~1fRichard Zeiger Chief Deputy Superintendent l k If
IGeneral Obligation Revenue (jType ofBonds ~SPWB 0 Other0 SelfLj91_Qatigg___ONpn-S~)fLiguidating -
Name ofSPWB or Other Project Academic Support Cores Bus Loop and Renovation
Name of GO Bond Act
-----middot---------------~-Project Contact (SPWB Only) ~ Phone middot
middot-middot~~ STO AdniE_Sost~---~ Other 9~middot15~_30 Appropriation to be Used D GC Section 167246
)e bb1-e WokM ----------middot(~I()-~~liD__ State Controllers Office Fund Phase of~ct (select all that apply) Est Project
D A Iamp] PP l WD D c DE D D-B Completion Date 4282014
Use of Loan Proceeds 1 Will any ofthe loan proceeds be used (Please check ifanswer is yes to any ofthe following)
D To make advances to local governments i D To fund an escrow or condemnation deposit fund IZJ To pay vendors directly I D To fmance loans to persons other than governmental entities D To reimburse local government for vendor payments I IZJ To make advances to State Architect Revolving Fund DIn a trade or business carried on by a nongovernmental person If Yes specify DGS-PMB Project No 124637 D To make advances to other state funds If yes specify
=)Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private business or from federal funds Yes D No IZJ (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No D IfYES the repayments will be used to D pay debt service or D to fund more projects middot
ADMINISTRATNE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES - lResolution Number I s T~--~--C~---Tmiddot---~ t
Administrative Entity i 1 1 1(GO ONLY) a e oan a e I i I i I--middot- shy
State Public Works Board------middot-____ - l -----=r -B-t---~-t--B- middot-F 9il42~o7___ _____
--middotmiddot--- 1 d--1--o---r-middoto---r-middot----shy1
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
lXI This application is recommended for approval subject to the following conditions ~ First$ 50(pJOOO 00 to be used to payreduce existing PMIB loan Of 000fo D Reduce amount ofloan to $ _______
Conditions (if applicable) Jd This aeelication i~ not r~commend~~ for aeeroval by the Public Fin311ce Divi_~_lmiddoto=nc__________-=----------- shySignature Director Public Finance Division j Date
I PART III RECOMMENDATION
(Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Dapproval D rejec~ion D modification -A-uproved loan amount ~ ~ Lo8p Jo be made riosooner than ( n is due 364 days (or the next preceding business day if the due date falls on a state holiday-a~s=-a-t-u-rd-=-a-y_o_r_a_S_u_n_d_ay) from
-ufe date the loan is funded middot Signature Executive Secretary Date
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I FOR STO USE ONLy
I PMIB NO I 0 I 00 5 l
Tb--agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( Jed Money Investment ~ard (the Board) lends funds as specified below -- j I 111Y27oOO Total project appropriation $163839QQOO Proposed Funding Date 6172011 Loan Amount $i1800fiOO E ~ 1OtgtO ~ At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business daymiddotifthe due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following ~tatu_es (Bo~-6~--- _ middot ___ l~h 171 Statute of2007 Item 6110-301-0660(3)shy middot=J ADMINISTRATIVE AUTHORIZATION The bond sale commercial ~er if lpoundPIicable1 and this loan have been autho~ized by_actions of administrative entities as follows
Administrative Entity I ResolutionOther I Date l
t=~te Pu_~ic ~orks Boar~=-~=~~--middot-r-~~~~~RRiova~~---------L~~~=-------middot-middot-middot-----middot--j The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the statemiddotagency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subJect to appropriation by the State Legislature
(~N RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
__IRl~l_i_~~~~ available foi_such_p~~~~
IState Agency Name middot -------1 __)~~artment of Educatio_n___ middot---- shyi Directors Signature llJpoundJmiddotState Public Works Board (if applicable)
Administrative Secretary Signature ~==~~~----~~21-tL__1
POOLED MONEY INVESTMENT BOARD EXECUTIVE SE-fl--f1
The Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of 1 and the vote was as follows
MEMBER ----+~middot-middotA_YE J N_0_1 Treasurer of the State of California ~
Controller ofthe State of California DirectorofFinanceoftheStm~-o~f~C~a~l~ipound~orn-~ia------------------middot--------------------~-------------------~--------middot
~--~--~--~777-------------------------------------------------~-----------------L-------I Conditions (if applicable)
Executive Secretary of the Pooled Money Investment Board Date
INSTRUCTIONS TO CONTROLLER0 V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest ~ ) The General Fund will pay interest Do not invest loan proceeds in SMIF
ccfmmercial Paper will be used to repay this loan Yes No
Reserve$_______________________ of the proceeds from this loan for Cost oflssuance PMIA interest and administrative costs
l
______
______
Rev (610)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(apartment Name Department of Education Project Name Academic Support Cores -~
middot Yea~ 2011-12 Est Project Completion Date 4282014
Date 472011 Est Phase Completion Date ___n~a____Acquisition
Loan Amount (1gt $ 529000___----=~~_
Funds Disbursed to Date _$___504l54_6_ Per SCO Report dated 33011
~ame of Bond Program Public Buildings Construction Fund
(1) (2)
Month and Original
Year Projection
Prior yrs
1
2
3
4
5
60 7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22 ~ 23
U 24
(3)
Actual
Disbursements
(4)
Projections for
the Next 12
Months
__5132_01_1___ Prei i m PI a ns
__4122_012=--- Work Draw 2282014
-~=___
(5)
Cumulative
Disbursements
Constr (2l
Equip
Design-Build
(6)
Phase of
Project
(APWCE
D-B)
(1) Rounded up to nearest thousand
47202054
232950
~~r~~~~~~i~~11
299f8gt4~g~middotmiddot~~-~~ ~ bullbullbull I ~~~~H~ bull J
ltfAmiddotIf~t17~1middot~middotamiddot no bullbull lmiddot pound~ 1 1 1it bullbull bull bull
middoty-ltbullbull11~~~)~~~-~~f~~f~middott- ~50(~00
472021 D
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 p
474350 p ~tgtpound~~a~1~~c 1) bull t~ ( ~
lt-Cimiddot~c~- 504middot309 IFIitiNr~ ~v~middot bullfg(7ff ft(bull-- 528middot 9373~~~i~~t~ ~-middot~ ~ ~0i~t~~nr1~
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
529000 p
12008-5201 0
Jun-10
Jul-1 0
Aug-10
Sep-10
Oct-10
Nov-10
Dec-10
Jan-11
Feb-11
Mar-11
Apr-11
May-11
JH_ter~$t~f~~n~~~-~i~~~ g8ffil81f~~j~~i
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
Apr-12
May-12
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal [8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs PMI~~~~LYr o( oos l
PART I LOAN REQUESTBOND PROGRAM INFORMATION Com leted b Re uestin De artment
middot ~~~mhn~e~n~t------------------------~~==irr~r~~==u~~-~==l~IFTT~om~lfP~r~~~middotedct~A~pprop~ri~a~tio~n~--fjAk~n~ou~nt~RR~~ues~ro~-----i~ _ i ~05300000 Go nr lTi~ntal ___________ Health ~~~~I D1 Qlt)------------middot-middot--1 $6589066-00-middot--middot--------middot-----middot-middot---middot-L____ ___________________________________________ -- shy
Appropriation(s) to be Funded Statutory Authority I Date Funds Needed Chapter 1712007 Item No 4440-301-0660(2) Government Code Sec 15830 et seq ~26~611 tmiddot7-
middot-middot----------middot--middot------------middot--middot-middot------------ ----middot-middot--middot--middot--------------- --------shyDepartment Contact Title j Phone David Harner middot Chief Hospital OpeationsFiscal Supp I (916) 654-3600 middotn~~~~~~s-~~~~~~t)middot-----middot------ --______rsiinatre-------------~----~ -middot~---middotr~=~~-----middot-middot---shy
i General ObligationT 0 fB dype on s D Self Li uidatin D Other N~~-roo i3-0~ltLA-t----middot-q_ltgt-=---~~-middot=-middot-middot==-middotO~-==--middot--middot---middotmiddot--ll-middot-a-nmiddot-e--o-f-sPWB_0middotzoihd_Pro]eCimiddot------middot--middot-middot-middot-middotmiddot-middot-middot-middot-middot-------- ---
tascadero State Hospital 258 Bed Hospital Remediation API-jricrti~-~i~-b~-u~~-- o___ltic~ti~~-i-67246middotmiddot--middot______ middotoject-cmiddoti-aCt(srwmiddoti3-o~l)r)______r-yJ10ilemiddot---middot--_ ____
~~i2~fo~~Ife~~s~f-fi~=c-middoteFD=ubullndo~hccer=~~=--- uDmiddotmiddotmiddotamiddot-$middotmiddot~~~~-~~-
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments -~ D To fund an escrow or condenmation deposit fund 0 To pay vendors directly i 0 To finance loans to persons other than governmental entities 0 To reimburse local government for vendor payments [8] To make advances to State Architect Revolving FundJ
0 In a trade or business carried on by a nongovernmental person i If Yes specify DGS-PvfB Project No 124473 0 To make advances to other state funds If yes specify
I Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private ~J business or from federal funds Yes D No [8J (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No O If YES the repayments will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
obullbullobullbullbull-bull-bullbullbullbullbullbull~bullbullbull--bullbull-_________________HH----__--f-MH-bull0bull----middot-middot--bull-bullbullbullbullbullbull-1-----MMI--MO-
Administrative Entity Resol~~ioo~L~umber I Sale i Loan I middot CP i Date -___--middot-middotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot----middot-middot--middotmiddotmiddot--middotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot----middot-middot-middot-middotmiddotmiddot-middotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot--- middotmiddot-middot----middotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddot-middot-middot-middot-_-middotmiddotmiddot-middotmiddotmiddot---middot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot---__L---middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middot State Public Works Board i 0 I [8] 0 7132007- ___ ______________- 1_ 0
u- - ____+- ~~--I0 I
PART II RECOMMENDATION AND CONDITIONSshy(Completed by Public Finance Division of the State Treasurers Office)
~ This application is recommended for approval subject to the following conditions 0 First $ tlt bj used to payreduce existing PMIB loan __middot___ Kl Reduce amount ofloan to$ (DJ as JQaOO
Conditions (if applicable) middot
-~iniz~~~51~~E~u~ii~~~~~~~~~yent~d_f~r~EPr~~-~~L~~~~EJi~~il~~~-2i~i~ilt~--middot----___________________loaie--middot---_________
I
_
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval D rejection 0 modification middotj-middot~proved loan amount i _ Loan to be made no sooner than
an is due 364 days (or the next preceding business day if the due date falls on a state holiday_a_S_a-tu_r_d_a_y_o_r_a_S_u_n_d_a_y) from the date the loan is funded
Signarme E~etive Secretacy-----middot---middot-middot--middot-middot-middot------middot--------------------------middot--middotDate----------middot----------middot---shy
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
s agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( 1
bull ooled Money Investment Board (the Board) lends funds as specified below ~ ~ Total project appropriation $659800000 ~ Proposed Funding Date 51262611 G I J Loan Amount ~9S300()()0 -o-12-S bO
At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the Joan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Mpney Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale ofbonds (Bonds) authorized by the following statutes (Bond Act) rmiddotmiddotchapt-i7iifoo7~it~~-N~~444o3oio66o(i)- - -middot-middot-middotmiddot- middot-middot-middotmiddot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddot-middotmiddotmiddotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddot--_---middotmiddotmiddot-middot-middotmiddot-middotmiddot----middotmiddot--middot-l bull--bull-bull-Hbull---middot--middot-middot----bullbullbullbull--bullbullbull-bull-________________m_______________________________________l
ADMINISTRATIVE AUTHORIZATION _~_P-~f~l~-~-ltial_p_lPtJLlP~ipound1tltd tl~Jll_l~~-~~~ll~-~-I~~~EiY_~iQ~~-lfl~ilJ~rl~~-i~~flJ2)VS middot-------middot- Administrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act pennits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation by the State Legislature
OAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~EPE9Pi~i9P~Y~i~~~f9E_S~~hP~-9~~__________________
L~~~~~~~rM~n~ ~l~-middot-middot--__------middot------_ ___________________ ---middotmiddotmiddot J
~~-~~~~-----~~~~ L~~~~~-imiddot~middot~middot~middot~middoti~~~_S~~~~~-r ____d____-_________- __l~~gtltltlJI POOLED MONEY INVESTMENT BOARD EXECUTIVE SECRETARYS CERTIFICATION i 1IThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of __ and the vote was ___ as follows __- - __ r---middot-middot- __ ____ ______ ____ ___ ___j
~~~~~-~-plusmn=~- Director of Finance of the State of California
middot----middotmiddot-middotmiddotmiddot--middot~middot---------middotmiddotmiddot--middotmiddot-middot----middot-middot---middotmiddotmiddot-middot---middot-middotmiddot-----middot--middot-----------middot-middot-middotmiddot---middot-middot---middot--------middot-middot-----middot--middot---middot---middot--middot--middotmiddot--middot-middot----middot-middot--1-~--~middot~middotmiddot--middot-middotmiddotmiddot-~~ Conditions (if applicable)
middot-E~c~tivmiddots~~~tarymiddotrmiddotilieP~~~~dMo~-~YI~~t1 Boad-middot-middot--------middot-middot-middot-middot-------middot---- ________________ __TD~t~-middot-middot------middot-middot1 i ~-----middotmiddot---middot-middot--_________- ---middot--middot-----middot----middot----------middot-middot--middot-middot----------middot-------__________J____________l
INSTRUCTIONS TO CONTROLLER I i ~ 1 ~-~ Proceeds from this loan should be invested in the Surplus MoneYinvestirtent Fund SMIF earnings and bond proceeds will pay interest
) The General Fund will pay interest Do not invest loan proceeds in SMIF lCommercial Paper will be used to repay this loan Y~s middot - V No
Reserve $ _______________ of the proceeds from this loan for Cost of Issuance PMIA interest and administrative costs
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(epartment Name Department of Mental Health Project Name Atascadero 250-Bed Remediation ---_
- Year 2011 Est Project Completion Date 10302010
Date 412011 Est Phase Completion Date Acquisition
Loan Amount lt1l $ 6125000 Prelim Plans
Work Draw Funds Disbursed to Date $ 6038196 Per SCO Report dated 52411 1112009 Constr lt2l
~ame of Bond Program Public Buildings Construction Fund Equip
Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year Projection Disbursements Months Disbursements D-B)
0
Prior yrs 571970200 5719702
1 May-10 1302600 5732728 c 2 Jun-10 1336000 2142000 5754148 c 3 Jul-10 1336000 1882900 5772977 c 4 Aug-10 1336000 5772977 c 5 Sep-10 1336000 183700 5774814 c 6 Oct-10 334000 601200 5780826 c 7 Nov-10 384100 5784667 c 8 Dec-10 133600 5786003 c 9 Jan-11 5786003 c
10 Feb-11 5786003 c 11 Mar-11 5786003 c 12 Apr-11 6925800 5855261 C
~~~~~]~mlftltttt~bull~~~~~~~~~~~~~=~~~~~~~l~riir~ 13 May-11 500000 6110238 C
C14 Jun-11 500000 6115238
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11f-------1
191--_ _N__o_v_-11j
20 Dec-111---____--1 21 Jan-12
1--------1
~ 22 Feb-12 (___j 23 Mar-12
1---______~
(~~ nrlrl Anr_-_1 ) housand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application bull
(3) Projected Admin includes estimated fees from STO SCO and DOF
500000
500000
6120238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125000
c c c c c c c c c c
State of California- State Treasurers Office LOAN REQUEST New Loan fZ1 Renewal 0
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs II ~o~~LNO~LY ( 0 OOltoC
~ PART L LOAN REQUESTBOND PROGRAM INFORMATION f~ (Completed by Requesting Department) bull artment I Total Project Appropriation Amount Requested -corrections and Rehabilitation middot i $30000000000 I $682600000 middot----middot~---------middot--middotmiddot--middot-middot------middot----middot--middot----------------------middot------------middot--lmiddot------middotmiddot----middot-----middot-middot-middot-middot-l---middot-middot--middot-middot-----middot------- shyAppropriation(s) to be Funded ~71B -~ Statutory Authority I Date Funds Needed SB 81 Ch 17507 (as amended 8rpoundG 1828 Ch 729Mf) i Welfare and Institutions Code Chapter I 6182011 5225-801-0660 6101753 M3 l 15 Article 3 Sectio~970 1~11 I
_-Q~-~-X~~~fl9ffeE~~ Reh__Qilit~_i~~EiiEJ~~hasc I_ middot ~t1fgtDepartment Contact Titl~---middotmiddot--middot---middotmiddot------middot---middot----middot-middot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middot----middotmiddotmiddot-middotrmiddotPho~middot~~--------
i~~~~ffi(~O~~~~~-~-T fB d J General Obligation ReVeiiue
-N~~~~orb~middotmiddot~dAsp-elfAg~icI~~rg____0_~_21~-eJf-Jgi9_ainK--middotmiddot middotmiddot-~~~~~s-PPs~~~~tilmiddot~middotmiddotmiddotr~o-t~middotmiddot----131Bmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddot--middot--middotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddot-middot--middot-stanislaus County Juvenile ~ommitment Center
Appropriation to be Used D G C Section 167246 Project Contact (SPWB Only) I Phone middot~middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot
for STO Admin Costs D Other__ Darlene Maston I 916-255-2237 state con tr~ji~~middot~middot-middotorfi~middot~middotmiddotp~~imiddottc-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-shy middot-middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddot middotmiddotmiddothasemiddotmiddotrjgtmiddotJ-~middotimiddotmiddotcseTeZimiddotmiddotaIcmiddotmiddotitmiddotmiddotmiddot~iJmiddotiJiy)~middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotpoundsimiddotj~~middotCiTe~i-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot
0 A 0 PP 0 WD fZI C 0 E 0 D-B Completion Date 2152013
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments I 0 To fund an escrow or condenmation deposit fund 0 To pay vendors directly 0 To finance loans to persons other than governmental entities fZI To reimburse local government for vendor payments 0 To make advances to State Architect Revolving Fund D In a trade or business carried on by a nongovernmental person 1 If Yes specify DGS-PMB Project No (J0 To make advances to other state funds If yes specify
--A Will any part of the debt service on the bonds tl1at secure this loan be either secured by or paid from property used in a private business or from federal funds Yes 0 No fZI (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No O IfYES the repayments will be used to 0 pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
-----~i~-- fRol~I~~~~-----G~--~~~=~~=====Famp~=t=l==gF~
(
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
0 This application is reconnnended for approval subject to the following conditions D First$ to be used to payreduce existing PMIB loan _____ D Reduce amount of loan to $ _______
Conditions (ifltpplicable)
_O Ii~__ppJLc~ti~~i~ ~~~Ee~lt1~~9~~fo~E~~JQt~l1l~J~g_fi1~~1g_~RiY~~9~-middotmiddot-middotmiddot--middotmiddotmiddot-middotmiddotmiddot--middot-middot-middotmiddotmiddotmiddotmiddot-middot----~---middot-middot-------middotmiddotmiddot--middotmiddot-middot-----middotmiddotmiddotmiddot-middot---middot-middot-middot-middotmiddot--middotmiddotmiddotmiddotmiddot-signature Director Public Finance Division j Date
l 1 i
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
-middot~is request is recommended for Oapproval 0 rejection 0 modification ____pproved loan amount Loan to be made no sooner than _________ Loan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded
middot-s-gra~re~middot-Ex~-c-u-iT~e-semiddot~~eiarY----middot-middot-----middot-----middot--middot-middot----middotmiddot-middotmiddot-middot---------middot--middot----middot-middot----middot-middotmiddot-middotmiddot-middot------middot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddotmiddot------middot-middotmiddoto-aimiddot--middotmiddot-middotmiddotmiddot-middotmiddotmiddot-------middotmiddotmiddot-middotmiddot--middot-----middot----middotmiddotmiddotmiddot--middot-middot-middotmiddot
____
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
lo 006b _I
----middot-middot-middot-middot-~--middot1
r agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and 1----__ Pooled Money Investment Board (the Board) lends funds as specified below
Total project appropriation $30000000000 Proposed Funding Date 6182011
Loan Amount $682600000 At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state hoi iday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following
s~~~~r~~~ntl_~_~o --middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddot-middot---middot-middotmiddotmiddotmiddotmiddot-middot-middot-middot---middotmiddot-middot-middot-middotmiddotmiddotmiddot~~a~--middot--middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middot---middot-middot-middotmiddot-----middotmiddot-middotmiddot-middotmiddot---middot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot---middot--middot---middotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddot- middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot---middot~ i SB 81 Ch 17507 (as amended 8yen AIHI~middoth-7i91W) 5225-801-06606101753
1_1~pound~~-X~Il~~~IQ~I~~-~E_~p~_~y~_l~lti~i~~-~--~-tJgt~----middotmiddotmiddotmiddotmiddot-middot--middotmiddotmiddot-middot--middotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddot----middotmiddotmiddot-middotmiddotmiddot-middotmiddot--middot---middotmiddotmiddotmiddot--middotmiddot-middotmiddot-middot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot ----middot---jADMINISTRATIVE AUTHORIZATION
_ll_~_ltgt~--~-~C~-()_mm_~~pound~P~P~1bullfPP_lllI21E~2ll~~C-~Ctl_~lhQ~e~~Y~~iltgtSltgtf~iiSt~~Y~i_~ie~l~ol_lgt~~~_ _____________________ Adnrinistrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial
Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest fimiddotom the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan lfthe loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan middot
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds ofBonds or the proceeds of a new loan Payment from any other source is subject to appropriation
(~the State Legislatu_re
~lAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~PPI~CgtP~aisgt~~iJ~)_~_[ltE ~~hP~TP_~~~_---middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middot----middot-------middotmiddotmiddotmiddotmiddotmiddot-------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middot----middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddot middotmiddotmiddot--middotmiddot---middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddot---middot--middotmiddot---------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot i State Agency Name
jJ~P~r_lfl _lt_~E~~poundi~l~~l~_~~~~iol-----middot--middotmiddot--middotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddot--middot-- middotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddot--middot----- middotmiddotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddot----middot-middotmiddot--middot---middotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddot-middot--- middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot----middotmiddotmiddot--middotmiddotmiddot-- _
--T~=I ~~~~~~-i-~~=~~-~=---~-=cr~~__~~~~~~-~-=--middot~~-~--- middot-middotmiddotmiddotmiddot-middot-middoti -~-iAL 1 POOLED MONEY INVESTMENT BO i
iThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of
and the vote was as follows i
i_~_~-middot~-~~-~~~~-~=~~~~~ ____middotmiddot_=----~-~~-=~-~~middotmiddot~~~~sect-~~middot==-=~~-~middot~~~~middot~~=middotmiddot~middotmiddotmiddotmiddot~~=--~-==middot~~~-~-~~I~middot~middot~-middot~~~~Y~~~~middotmiddot~~-~~~~[middot~-~~~B~~~~=Ji Treasurer of the State of California I 1 l~MoHOoHHOHoH-gtHoooobull-bullbull-bullbullbullbullbull---middot-middot--bullbullbull-bullbull---middot-middotbull-MoOHHgtMHObullobulloo-bullbull-bullbull-bull-bullbull---bullbull--H--0-----middot-middotbull--middotmiddot-bullbullbullbullbullH~__-bullbullbullbull-bullbull+bullbull-HOoooOHooHooHoHooOHMo-oMo-oOOoO-Moooooo Moool
Controller of the State of California j j ji _MOOMOMOOMMO MOMM-__MMMMMOOMO---middot--middot--------middot--middotmiddot middotmiddotmiddot-middotmiddotmiddot-middotbullbullMMMOOMMO-MOOMMM _00-00Mbull-o0M_00000MOM-MMMMooMOMMOM-0000_0_00M--00000MMoM0-00-M000000000-0M000000-MOM-OOOM00000000-M0M00MM00000000MM00MOOOOMMiOMOM0_0_000000MOM-00000000-0MMO_M_ __ J- _ ___________________i______ Director of Finance of the State of California i ~-C-o~middot(jjtf)middot~~--(jf~ppif~~b-i~middot)~-----middotmiddot-middot--------middot-----middot--------------middot-------middotmiddotmiddotmiddot---middot-middot-----middotmiddotmiddot---middot---middot-------middot----middot--middotmiddot--middot--Lmiddotmiddot-middot-----middot--middot-middot---middotmiddotmiddot----middotmiddot-------L-----middot------middot-middot--------middot-i
I i jl-----middot-------middot-----middot-----middot----------middot--middot--middot------middot-----middot---------middot------------middot--middot------_____________________________________________-------------middot---middot-middot-middot-middot-middot--middot--middot--middot----middot-----middot----middot-middot_________________________s-_middot-----middot-middot--middot------middot---middot-li Executive Secretary of the Pooled Money Investment Board Date I I i i
i ~- l i
L---------middot----middot---middot---------middot-------------middot-----middot---middot--middot-----------middot--------middot-middot---------------------middot-middot---------middot---- ------middot--middot------middot-middot-middot---middot-middotmiddotmiddot---middot---middot-middot-------middot------middot-----middot-middot--middot----t--middot---middot---------middot------middot-middot-jmiddot-ISTRUCTIONS TO CONTROLLER
( J middotv Proceeds from this loan should be invested in the Surplus Money Investment Fund SMJF earnings and bond proceeds will pay interest ~ The General Fund will pay interest Do not invest loan proceeds in SMIF
Commercial Paper will be used to repay this loan Yes V No
Reserve $_______________ of the proceeds from this loan for Cost of Issuance PM IA interest and administrative costs
_~~~~~~0----
Rev (61 0)
MIA Loan Request for Revenue Bond Programs l Ol OObG
ashflow Statement
(~partment Name Corrections and Rehabilitation Project Name Stanislaus County Juvenile Commitment Center
~ Year 20112012 Est Project Completion Date 2152013
Date 5132011 Est Phase Completion Date NA Acquisition
6~826000 5132011
6212011 Work Draw
Loan Amount (1l __$ _____- Prelim Plans
Funds Disbursed to Date $ - Per SCO Report dated 0000 2152013 Constr (Zl
___---~---
Jame of Bond Program Lease Revenue-Stanislaus County Juvenile Commitment Ctr ___NA_____ Equip
_N_A_____ Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and the Next 12 Cumulative (APWCE
Year 0 n Actual Disbursements Months Disbursements D-B)
Prior yrsmiddot
1
2
3
4
0 5
6
7
8
9
10
11
12
16 11
17 Oct-11
18 Nov-11
19 Dec-11
20 Jan-12
21 Feb-12
22
(J 23
24
14
15
545 00000 552 500
818 00000 1 370 500 c 1 091 00000
1 091 00000
c
1 091 00000
1091 00000
c
1 091 00000
7 500
7 500
c
c
c
c
(1) Rounded up to nearest thousand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
0
_~~To_ ~- ~ 1shyl ~ 1gt1 0
0 OEPARTMENT OF EOMUNO G BROWN JRbullbull GOVERNOR
~-FDotF I N A N C E ----S-TA-TE-C~A-P-ITC-1-bull~R-o-o-M-~~45~~S-AC_RA_M_EN_T_o-C-A-bull-9-5~B~1--4-4~9-i=-B-8~www~~o-c~~CA-llc~v CFFICE CIF THE DIRECTCIR
May 12 2011
Mr Bill Dowell Administrator Pooled Money Investment Board 915 Capitol Mall Room 106 Sacramento CA 95814
Dear Mr Dowell
AB 55 Loan Application for County of Stanislaus Juvenile Commitment Center Project
The following detennination is respectfully submitted pursuant to the Pooled Money Investment Board Pooled Money Investment Account Loan Policy adopted October 20 2010
This loan request is for the states share of costs for the County of Stanislaus Juvenile Commitment Center Project one of many youthful offender rehabilitative facility projects included in the SB 81 Youthful Offender Rehabilitative Facilities Construction Financing Program middotIn this program the county rather than a state agency manages the construction contract and process Furthermore the county is responsible for a portion of the project costs including any project cost overruns Thus at this stage of the project it is fiscally prudent to fund the construction costsmiddot using an interim loan rather than to issue bonds until final costs are known and we are confident the county will have fully funded its share
Based on the factors noted above the Director of Finance has determined the project is not appropriate for upfront bond funding and therefore interim financing is necessary to fund the -construction phase of the project If you have any questions or need additional information regarding this matter please call Chris Lief Principal Program Budget Analyst at (916) 445-9694
ANAJMATOSANTOS Director By
1~ (-gt2--shyMICHAEL COHEN Chief Deputy Director
icc FINN ROGERS LIEF BENSON CF (3) SUSPENSE FILE 0
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs I FOR STO USE ONLy
I PMIB NO I 0 I 00 5 l
Tb--agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( Jed Money Investment ~ard (the Board) lends funds as specified below -- j I 111Y27oOO Total project appropriation $163839QQOO Proposed Funding Date 6172011 Loan Amount $i1800fiOO E ~ 1OtgtO ~ At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business daymiddotifthe due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following ~tatu_es (Bo~-6~--- _ middot ___ l~h 171 Statute of2007 Item 6110-301-0660(3)shy middot=J ADMINISTRATIVE AUTHORIZATION The bond sale commercial ~er if lpoundPIicable1 and this loan have been autho~ized by_actions of administrative entities as follows
Administrative Entity I ResolutionOther I Date l
t=~te Pu_~ic ~orks Boar~=-~=~~--middot-r-~~~~~RRiova~~---------L~~~=-------middot-middot-middot-----middot--j The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the statemiddotagency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subJect to appropriation by the State Legislature
(~N RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
__IRl~l_i_~~~~ available foi_such_p~~~~
IState Agency Name middot -------1 __)~~artment of Educatio_n___ middot---- shyi Directors Signature llJpoundJmiddotState Public Works Board (if applicable)
Administrative Secretary Signature ~==~~~----~~21-tL__1
POOLED MONEY INVESTMENT BOARD EXECUTIVE SE-fl--f1
The Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of 1 and the vote was as follows
MEMBER ----+~middot-middotA_YE J N_0_1 Treasurer of the State of California ~
Controller ofthe State of California DirectorofFinanceoftheStm~-o~f~C~a~l~ipound~orn-~ia------------------middot--------------------~-------------------~--------middot
~--~--~--~777-------------------------------------------------~-----------------L-------I Conditions (if applicable)
Executive Secretary of the Pooled Money Investment Board Date
INSTRUCTIONS TO CONTROLLER0 V Proceeds from this loan should be invested in the Surplus Money Investment Fund SMIF earnings and bond proceeds will pay interest ~ ) The General Fund will pay interest Do not invest loan proceeds in SMIF
ccfmmercial Paper will be used to repay this loan Yes No
Reserve$_______________________ of the proceeds from this loan for Cost oflssuance PMIA interest and administrative costs
l
______
______
Rev (610)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(apartment Name Department of Education Project Name Academic Support Cores -~
middot Yea~ 2011-12 Est Project Completion Date 4282014
Date 472011 Est Phase Completion Date ___n~a____Acquisition
Loan Amount (1gt $ 529000___----=~~_
Funds Disbursed to Date _$___504l54_6_ Per SCO Report dated 33011
~ame of Bond Program Public Buildings Construction Fund
(1) (2)
Month and Original
Year Projection
Prior yrs
1
2
3
4
5
60 7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22 ~ 23
U 24
(3)
Actual
Disbursements
(4)
Projections for
the Next 12
Months
__5132_01_1___ Prei i m PI a ns
__4122_012=--- Work Draw 2282014
-~=___
(5)
Cumulative
Disbursements
Constr (2l
Equip
Design-Build
(6)
Phase of
Project
(APWCE
D-B)
(1) Rounded up to nearest thousand
47202054
232950
~~r~~~~~~i~~11
299f8gt4~g~middotmiddot~~-~~ ~ bullbullbull I ~~~~H~ bull J
ltfAmiddotIf~t17~1middot~middotamiddot no bullbull lmiddot pound~ 1 1 1it bullbull bull bull
middoty-ltbullbull11~~~)~~~-~~f~~f~middott- ~50(~00
472021 D
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 p
474350 p ~tgtpound~~a~1~~c 1) bull t~ ( ~
lt-Cimiddot~c~- 504middot309 IFIitiNr~ ~v~middot bullfg(7ff ft(bull-- 528middot 9373~~~i~~t~ ~-middot~ ~ ~0i~t~~nr1~
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
529000 p
12008-5201 0
Jun-10
Jul-1 0
Aug-10
Sep-10
Oct-10
Nov-10
Dec-10
Jan-11
Feb-11
Mar-11
Apr-11
May-11
JH_ter~$t~f~~n~~~-~i~~~ g8ffil81f~~j~~i
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
Apr-12
May-12
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal [8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs PMI~~~~LYr o( oos l
PART I LOAN REQUESTBOND PROGRAM INFORMATION Com leted b Re uestin De artment
middot ~~~mhn~e~n~t------------------------~~==irr~r~~==u~~-~==l~IFTT~om~lfP~r~~~middotedct~A~pprop~ri~a~tio~n~--fjAk~n~ou~nt~RR~~ues~ro~-----i~ _ i ~05300000 Go nr lTi~ntal ___________ Health ~~~~I D1 Qlt)------------middot-middot--1 $6589066-00-middot--middot--------middot-----middot-middot---middot-L____ ___________________________________________ -- shy
Appropriation(s) to be Funded Statutory Authority I Date Funds Needed Chapter 1712007 Item No 4440-301-0660(2) Government Code Sec 15830 et seq ~26~611 tmiddot7-
middot-middot----------middot--middot------------middot--middot-middot------------ ----middot-middot--middot--middot--------------- --------shyDepartment Contact Title j Phone David Harner middot Chief Hospital OpeationsFiscal Supp I (916) 654-3600 middotn~~~~~~s-~~~~~~t)middot-----middot------ --______rsiinatre-------------~----~ -middot~---middotr~=~~-----middot-middot---shy
i General ObligationT 0 fB dype on s D Self Li uidatin D Other N~~-roo i3-0~ltLA-t----middot-q_ltgt-=---~~-middot=-middot-middot==-middotO~-==--middot--middot---middotmiddot--ll-middot-a-nmiddot-e--o-f-sPWB_0middotzoihd_Pro]eCimiddot------middot--middot-middot-middot-middotmiddot-middot-middot-middot-middot-------- ---
tascadero State Hospital 258 Bed Hospital Remediation API-jricrti~-~i~-b~-u~~-- o___ltic~ti~~-i-67246middotmiddot--middot______ middotoject-cmiddoti-aCt(srwmiddoti3-o~l)r)______r-yJ10ilemiddot---middot--_ ____
~~i2~fo~~Ife~~s~f-fi~=c-middoteFD=ubullndo~hccer=~~=--- uDmiddotmiddotmiddotamiddot-$middotmiddot~~~~-~~-
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments -~ D To fund an escrow or condenmation deposit fund 0 To pay vendors directly i 0 To finance loans to persons other than governmental entities 0 To reimburse local government for vendor payments [8] To make advances to State Architect Revolving FundJ
0 In a trade or business carried on by a nongovernmental person i If Yes specify DGS-PvfB Project No 124473 0 To make advances to other state funds If yes specify
I Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private ~J business or from federal funds Yes D No [8J (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No O If YES the repayments will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
obullbullobullbullbull-bull-bullbullbullbullbullbull~bullbullbull--bullbull-_________________HH----__--f-MH-bull0bull----middot-middot--bull-bullbullbullbullbullbull-1-----MMI--MO-
Administrative Entity Resol~~ioo~L~umber I Sale i Loan I middot CP i Date -___--middot-middotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot----middot-middot--middotmiddotmiddot--middotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot----middot-middot-middot-middotmiddotmiddot-middotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot--- middotmiddot-middot----middotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddot-middot-middot-middot-_-middotmiddotmiddot-middotmiddotmiddot---middot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot---__L---middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middot State Public Works Board i 0 I [8] 0 7132007- ___ ______________- 1_ 0
u- - ____+- ~~--I0 I
PART II RECOMMENDATION AND CONDITIONSshy(Completed by Public Finance Division of the State Treasurers Office)
~ This application is recommended for approval subject to the following conditions 0 First $ tlt bj used to payreduce existing PMIB loan __middot___ Kl Reduce amount ofloan to$ (DJ as JQaOO
Conditions (if applicable) middot
-~iniz~~~51~~E~u~ii~~~~~~~~~yent~d_f~r~EPr~~-~~L~~~~EJi~~il~~~-2i~i~ilt~--middot----___________________loaie--middot---_________
I
_
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval D rejection 0 modification middotj-middot~proved loan amount i _ Loan to be made no sooner than
an is due 364 days (or the next preceding business day if the due date falls on a state holiday_a_S_a-tu_r_d_a_y_o_r_a_S_u_n_d_a_y) from the date the loan is funded
Signarme E~etive Secretacy-----middot---middot-middot--middot-middot-middot------middot--------------------------middot--middotDate----------middot----------middot---shy
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
s agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( 1
bull ooled Money Investment Board (the Board) lends funds as specified below ~ ~ Total project appropriation $659800000 ~ Proposed Funding Date 51262611 G I J Loan Amount ~9S300()()0 -o-12-S bO
At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the Joan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Mpney Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale ofbonds (Bonds) authorized by the following statutes (Bond Act) rmiddotmiddotchapt-i7iifoo7~it~~-N~~444o3oio66o(i)- - -middot-middot-middotmiddot- middot-middot-middotmiddot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddot-middotmiddotmiddotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddot--_---middotmiddotmiddot-middot-middotmiddot-middotmiddot----middotmiddot--middot-l bull--bull-bull-Hbull---middot--middot-middot----bullbullbullbull--bullbullbull-bull-________________m_______________________________________l
ADMINISTRATIVE AUTHORIZATION _~_P-~f~l~-~-ltial_p_lPtJLlP~ipound1tltd tl~Jll_l~~-~~~ll~-~-I~~~EiY_~iQ~~-lfl~ilJ~rl~~-i~~flJ2)VS middot-------middot- Administrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act pennits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation by the State Legislature
OAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~EPE9Pi~i9P~Y~i~~~f9E_S~~hP~-9~~__________________
L~~~~~~~rM~n~ ~l~-middot-middot--__------middot------_ ___________________ ---middotmiddotmiddot J
~~-~~~~-----~~~~ L~~~~~-imiddot~middot~middot~middot~middoti~~~_S~~~~~-r ____d____-_________- __l~~gtltltlJI POOLED MONEY INVESTMENT BOARD EXECUTIVE SECRETARYS CERTIFICATION i 1IThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of __ and the vote was ___ as follows __- - __ r---middot-middot- __ ____ ______ ____ ___ ___j
~~~~~-~-plusmn=~- Director of Finance of the State of California
middot----middotmiddot-middotmiddotmiddot--middot~middot---------middotmiddotmiddot--middotmiddot-middot----middot-middot---middotmiddotmiddot-middot---middot-middotmiddot-----middot--middot-----------middot-middot-middotmiddot---middot-middot---middot--------middot-middot-----middot--middot---middot---middot--middot--middotmiddot--middot-middot----middot-middot--1-~--~middot~middotmiddot--middot-middotmiddotmiddot-~~ Conditions (if applicable)
middot-E~c~tivmiddots~~~tarymiddotrmiddotilieP~~~~dMo~-~YI~~t1 Boad-middot-middot--------middot-middot-middot-middot-------middot---- ________________ __TD~t~-middot-middot------middot-middot1 i ~-----middotmiddot---middot-middot--_________- ---middot--middot-----middot----middot----------middot-middot--middot-middot----------middot-------__________J____________l
INSTRUCTIONS TO CONTROLLER I i ~ 1 ~-~ Proceeds from this loan should be invested in the Surplus MoneYinvestirtent Fund SMIF earnings and bond proceeds will pay interest
) The General Fund will pay interest Do not invest loan proceeds in SMIF lCommercial Paper will be used to repay this loan Y~s middot - V No
Reserve $ _______________ of the proceeds from this loan for Cost of Issuance PMIA interest and administrative costs
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(epartment Name Department of Mental Health Project Name Atascadero 250-Bed Remediation ---_
- Year 2011 Est Project Completion Date 10302010
Date 412011 Est Phase Completion Date Acquisition
Loan Amount lt1l $ 6125000 Prelim Plans
Work Draw Funds Disbursed to Date $ 6038196 Per SCO Report dated 52411 1112009 Constr lt2l
~ame of Bond Program Public Buildings Construction Fund Equip
Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year Projection Disbursements Months Disbursements D-B)
0
Prior yrs 571970200 5719702
1 May-10 1302600 5732728 c 2 Jun-10 1336000 2142000 5754148 c 3 Jul-10 1336000 1882900 5772977 c 4 Aug-10 1336000 5772977 c 5 Sep-10 1336000 183700 5774814 c 6 Oct-10 334000 601200 5780826 c 7 Nov-10 384100 5784667 c 8 Dec-10 133600 5786003 c 9 Jan-11 5786003 c
10 Feb-11 5786003 c 11 Mar-11 5786003 c 12 Apr-11 6925800 5855261 C
~~~~~]~mlftltttt~bull~~~~~~~~~~~~~=~~~~~~~l~riir~ 13 May-11 500000 6110238 C
C14 Jun-11 500000 6115238
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11f-------1
191--_ _N__o_v_-11j
20 Dec-111---____--1 21 Jan-12
1--------1
~ 22 Feb-12 (___j 23 Mar-12
1---______~
(~~ nrlrl Anr_-_1 ) housand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application bull
(3) Projected Admin includes estimated fees from STO SCO and DOF
500000
500000
6120238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125000
c c c c c c c c c c
State of California- State Treasurers Office LOAN REQUEST New Loan fZ1 Renewal 0
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs II ~o~~LNO~LY ( 0 OOltoC
~ PART L LOAN REQUESTBOND PROGRAM INFORMATION f~ (Completed by Requesting Department) bull artment I Total Project Appropriation Amount Requested -corrections and Rehabilitation middot i $30000000000 I $682600000 middot----middot~---------middot--middotmiddot--middot-middot------middot----middot--middot----------------------middot------------middot--lmiddot------middotmiddot----middot-----middot-middot-middot-middot-l---middot-middot--middot-middot-----middot------- shyAppropriation(s) to be Funded ~71B -~ Statutory Authority I Date Funds Needed SB 81 Ch 17507 (as amended 8rpoundG 1828 Ch 729Mf) i Welfare and Institutions Code Chapter I 6182011 5225-801-0660 6101753 M3 l 15 Article 3 Sectio~970 1~11 I
_-Q~-~-X~~~fl9ffeE~~ Reh__Qilit~_i~~EiiEJ~~hasc I_ middot ~t1fgtDepartment Contact Titl~---middotmiddot--middot---middotmiddot------middot---middot----middot-middot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middot----middotmiddotmiddot-middotrmiddotPho~middot~~--------
i~~~~ffi(~O~~~~~-~-T fB d J General Obligation ReVeiiue
-N~~~~orb~middotmiddot~dAsp-elfAg~icI~~rg____0_~_21~-eJf-Jgi9_ainK--middotmiddot middotmiddot-~~~~~s-PPs~~~~tilmiddot~middotmiddotmiddotr~o-t~middotmiddot----131Bmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddot--middot--middotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddot-middot--middot-stanislaus County Juvenile ~ommitment Center
Appropriation to be Used D G C Section 167246 Project Contact (SPWB Only) I Phone middot~middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot
for STO Admin Costs D Other__ Darlene Maston I 916-255-2237 state con tr~ji~~middot~middot-middotorfi~middot~middotmiddotp~~imiddottc-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-shy middot-middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddot middotmiddotmiddothasemiddotmiddotrjgtmiddotJ-~middotimiddotmiddotcseTeZimiddotmiddotaIcmiddotmiddotitmiddotmiddotmiddot~iJmiddotiJiy)~middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotpoundsimiddotj~~middotCiTe~i-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot
0 A 0 PP 0 WD fZI C 0 E 0 D-B Completion Date 2152013
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments I 0 To fund an escrow or condenmation deposit fund 0 To pay vendors directly 0 To finance loans to persons other than governmental entities fZI To reimburse local government for vendor payments 0 To make advances to State Architect Revolving Fund D In a trade or business carried on by a nongovernmental person 1 If Yes specify DGS-PMB Project No (J0 To make advances to other state funds If yes specify
--A Will any part of the debt service on the bonds tl1at secure this loan be either secured by or paid from property used in a private business or from federal funds Yes 0 No fZI (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No O IfYES the repayments will be used to 0 pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
-----~i~-- fRol~I~~~~-----G~--~~~=~~=====Famp~=t=l==gF~
(
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
0 This application is reconnnended for approval subject to the following conditions D First$ to be used to payreduce existing PMIB loan _____ D Reduce amount of loan to $ _______
Conditions (ifltpplicable)
_O Ii~__ppJLc~ti~~i~ ~~~Ee~lt1~~9~~fo~E~~JQt~l1l~J~g_fi1~~1g_~RiY~~9~-middotmiddot-middotmiddot--middotmiddotmiddot-middotmiddotmiddot--middot-middot-middotmiddotmiddotmiddotmiddot-middot----~---middot-middot-------middotmiddotmiddot--middotmiddot-middot-----middotmiddotmiddotmiddot-middot---middot-middot-middot-middotmiddot--middotmiddotmiddotmiddotmiddot-signature Director Public Finance Division j Date
l 1 i
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
-middot~is request is recommended for Oapproval 0 rejection 0 modification ____pproved loan amount Loan to be made no sooner than _________ Loan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded
middot-s-gra~re~middot-Ex~-c-u-iT~e-semiddot~~eiarY----middot-middot-----middot-----middot--middot-middot----middotmiddot-middotmiddot-middot---------middot--middot----middot-middot----middot-middotmiddot-middotmiddot-middot------middot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddotmiddot------middot-middotmiddoto-aimiddot--middotmiddot-middotmiddotmiddot-middotmiddotmiddot-------middotmiddotmiddot-middotmiddot--middot-----middot----middotmiddotmiddotmiddot--middot-middot-middotmiddot
____
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
lo 006b _I
----middot-middot-middot-middot-~--middot1
r agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and 1----__ Pooled Money Investment Board (the Board) lends funds as specified below
Total project appropriation $30000000000 Proposed Funding Date 6182011
Loan Amount $682600000 At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state hoi iday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following
s~~~~r~~~ntl_~_~o --middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddot-middot---middot-middotmiddotmiddotmiddotmiddot-middot-middot-middot---middotmiddot-middot-middot-middotmiddotmiddotmiddot~~a~--middot--middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middot---middot-middot-middotmiddot-----middotmiddot-middotmiddot-middotmiddot---middot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot---middot--middot---middotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddot- middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot---middot~ i SB 81 Ch 17507 (as amended 8yen AIHI~middoth-7i91W) 5225-801-06606101753
1_1~pound~~-X~Il~~~IQ~I~~-~E_~p~_~y~_l~lti~i~~-~--~-tJgt~----middotmiddotmiddotmiddotmiddot-middot--middotmiddotmiddot-middot--middotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddot----middotmiddotmiddot-middotmiddotmiddot-middotmiddot--middot---middotmiddotmiddotmiddot--middotmiddot-middotmiddot-middot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot ----middot---jADMINISTRATIVE AUTHORIZATION
_ll_~_ltgt~--~-~C~-()_mm_~~pound~P~P~1bullfPP_lllI21E~2ll~~C-~Ctl_~lhQ~e~~Y~~iltgtSltgtf~iiSt~~Y~i_~ie~l~ol_lgt~~~_ _____________________ Adnrinistrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial
Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest fimiddotom the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan lfthe loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan middot
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds ofBonds or the proceeds of a new loan Payment from any other source is subject to appropriation
(~the State Legislatu_re
~lAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~PPI~CgtP~aisgt~~iJ~)_~_[ltE ~~hP~TP_~~~_---middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middot----middot-------middotmiddotmiddotmiddotmiddotmiddot-------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middot----middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddot middotmiddotmiddot--middotmiddot---middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddot---middot--middotmiddot---------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot i State Agency Name
jJ~P~r_lfl _lt_~E~~poundi~l~~l~_~~~~iol-----middot--middotmiddot--middotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddot--middot-- middotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddot--middot----- middotmiddotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddot----middot-middotmiddot--middot---middotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddot-middot--- middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot----middotmiddotmiddot--middotmiddotmiddot-- _
--T~=I ~~~~~~-i-~~=~~-~=---~-=cr~~__~~~~~~-~-=--middot~~-~--- middot-middotmiddotmiddotmiddot-middot-middoti -~-iAL 1 POOLED MONEY INVESTMENT BO i
iThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of
and the vote was as follows i
i_~_~-middot~-~~-~~~~-~=~~~~~ ____middotmiddot_=----~-~~-=~-~~middotmiddot~~~~sect-~~middot==-=~~-~middot~~~~middot~~=middotmiddot~middotmiddotmiddotmiddot~~=--~-==middot~~~-~-~~I~middot~middot~-middot~~~~Y~~~~middotmiddot~~-~~~~[middot~-~~~B~~~~=Ji Treasurer of the State of California I 1 l~MoHOoHHOHoH-gtHoooobull-bullbull-bullbullbullbullbull---middot-middot--bullbullbull-bullbull---middot-middotbull-MoOHHgtMHObullobulloo-bullbull-bullbull-bull-bullbull---bullbull--H--0-----middot-middotbull--middotmiddot-bullbullbullbullbullH~__-bullbullbullbull-bullbull+bullbull-HOoooOHooHooHoHooOHMo-oMo-oOOoO-Moooooo Moool
Controller of the State of California j j ji _MOOMOMOOMMO MOMM-__MMMMMOOMO---middot--middot--------middot--middotmiddot middotmiddotmiddot-middotmiddotmiddot-middotbullbullMMMOOMMO-MOOMMM _00-00Mbull-o0M_00000MOM-MMMMooMOMMOM-0000_0_00M--00000MMoM0-00-M000000000-0M000000-MOM-OOOM00000000-M0M00MM00000000MM00MOOOOMMiOMOM0_0_000000MOM-00000000-0MMO_M_ __ J- _ ___________________i______ Director of Finance of the State of California i ~-C-o~middot(jjtf)middot~~--(jf~ppif~~b-i~middot)~-----middotmiddot-middot--------middot-----middot--------------middot-------middotmiddotmiddotmiddot---middot-middot-----middotmiddotmiddot---middot---middot-------middot----middot--middotmiddot--middot--Lmiddotmiddot-middot-----middot--middot-middot---middotmiddotmiddot----middotmiddot-------L-----middot------middot-middot--------middot-i
I i jl-----middot-------middot-----middot-----middot----------middot--middot--middot------middot-----middot---------middot------------middot--middot------_____________________________________________-------------middot---middot-middot-middot-middot-middot--middot--middot--middot----middot-----middot----middot-middot_________________________s-_middot-----middot-middot--middot------middot---middot-li Executive Secretary of the Pooled Money Investment Board Date I I i i
i ~- l i
L---------middot----middot---middot---------middot-------------middot-----middot---middot--middot-----------middot--------middot-middot---------------------middot-middot---------middot---- ------middot--middot------middot-middot-middot---middot-middotmiddotmiddot---middot---middot-middot-------middot------middot-----middot-middot--middot----t--middot---middot---------middot------middot-middot-jmiddot-ISTRUCTIONS TO CONTROLLER
( J middotv Proceeds from this loan should be invested in the Surplus Money Investment Fund SMJF earnings and bond proceeds will pay interest ~ The General Fund will pay interest Do not invest loan proceeds in SMIF
Commercial Paper will be used to repay this loan Yes V No
Reserve $_______________ of the proceeds from this loan for Cost of Issuance PM IA interest and administrative costs
_~~~~~~0----
Rev (61 0)
MIA Loan Request for Revenue Bond Programs l Ol OObG
ashflow Statement
(~partment Name Corrections and Rehabilitation Project Name Stanislaus County Juvenile Commitment Center
~ Year 20112012 Est Project Completion Date 2152013
Date 5132011 Est Phase Completion Date NA Acquisition
6~826000 5132011
6212011 Work Draw
Loan Amount (1l __$ _____- Prelim Plans
Funds Disbursed to Date $ - Per SCO Report dated 0000 2152013 Constr (Zl
___---~---
Jame of Bond Program Lease Revenue-Stanislaus County Juvenile Commitment Ctr ___NA_____ Equip
_N_A_____ Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and the Next 12 Cumulative (APWCE
Year 0 n Actual Disbursements Months Disbursements D-B)
Prior yrsmiddot
1
2
3
4
0 5
6
7
8
9
10
11
12
16 11
17 Oct-11
18 Nov-11
19 Dec-11
20 Jan-12
21 Feb-12
22
(J 23
24
14
15
545 00000 552 500
818 00000 1 370 500 c 1 091 00000
1 091 00000
c
1 091 00000
1091 00000
c
1 091 00000
7 500
7 500
c
c
c
c
(1) Rounded up to nearest thousand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
0
_~~To_ ~- ~ 1shyl ~ 1gt1 0
0 OEPARTMENT OF EOMUNO G BROWN JRbullbull GOVERNOR
~-FDotF I N A N C E ----S-TA-TE-C~A-P-ITC-1-bull~R-o-o-M-~~45~~S-AC_RA_M_EN_T_o-C-A-bull-9-5~B~1--4-4~9-i=-B-8~www~~o-c~~CA-llc~v CFFICE CIF THE DIRECTCIR
May 12 2011
Mr Bill Dowell Administrator Pooled Money Investment Board 915 Capitol Mall Room 106 Sacramento CA 95814
Dear Mr Dowell
AB 55 Loan Application for County of Stanislaus Juvenile Commitment Center Project
The following detennination is respectfully submitted pursuant to the Pooled Money Investment Board Pooled Money Investment Account Loan Policy adopted October 20 2010
This loan request is for the states share of costs for the County of Stanislaus Juvenile Commitment Center Project one of many youthful offender rehabilitative facility projects included in the SB 81 Youthful Offender Rehabilitative Facilities Construction Financing Program middotIn this program the county rather than a state agency manages the construction contract and process Furthermore the county is responsible for a portion of the project costs including any project cost overruns Thus at this stage of the project it is fiscally prudent to fund the construction costsmiddot using an interim loan rather than to issue bonds until final costs are known and we are confident the county will have fully funded its share
Based on the factors noted above the Director of Finance has determined the project is not appropriate for upfront bond funding and therefore interim financing is necessary to fund the -construction phase of the project If you have any questions or need additional information regarding this matter please call Chris Lief Principal Program Budget Analyst at (916) 445-9694
ANAJMATOSANTOS Director By
1~ (-gt2--shyMICHAEL COHEN Chief Deputy Director
icc FINN ROGERS LIEF BENSON CF (3) SUSPENSE FILE 0
______
______
Rev (610)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(apartment Name Department of Education Project Name Academic Support Cores -~
middot Yea~ 2011-12 Est Project Completion Date 4282014
Date 472011 Est Phase Completion Date ___n~a____Acquisition
Loan Amount (1gt $ 529000___----=~~_
Funds Disbursed to Date _$___504l54_6_ Per SCO Report dated 33011
~ame of Bond Program Public Buildings Construction Fund
(1) (2)
Month and Original
Year Projection
Prior yrs
1
2
3
4
5
60 7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22 ~ 23
U 24
(3)
Actual
Disbursements
(4)
Projections for
the Next 12
Months
__5132_01_1___ Prei i m PI a ns
__4122_012=--- Work Draw 2282014
-~=___
(5)
Cumulative
Disbursements
Constr (2l
Equip
Design-Build
(6)
Phase of
Project
(APWCE
D-B)
(1) Rounded up to nearest thousand
47202054
232950
~~r~~~~~~i~~11
299f8gt4~g~middotmiddot~~-~~ ~ bullbullbull I ~~~~H~ bull J
ltfAmiddotIf~t17~1middot~middotamiddot no bullbull lmiddot pound~ 1 1 1it bullbull bull bull
middoty-ltbullbull11~~~)~~~-~~f~~f~middott- ~50(~00
472021 D
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 SUSPENDED
474350 p
474350 p ~tgtpound~~a~1~~c 1) bull t~ ( ~
lt-Cimiddot~c~- 504middot309 IFIitiNr~ ~v~middot bullfg(7ff ft(bull-- 528middot 9373~~~i~~t~ ~-middot~ ~ ~0i~t~~nr1~
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
528937 p
529000 p
12008-5201 0
Jun-10
Jul-1 0
Aug-10
Sep-10
Oct-10
Nov-10
Dec-10
Jan-11
Feb-11
Mar-11
Apr-11
May-11
JH_ter~$t~f~~n~~~-~i~~~ g8ffil81f~~j~~i
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
Apr-12
May-12
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal [8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs PMI~~~~LYr o( oos l
PART I LOAN REQUESTBOND PROGRAM INFORMATION Com leted b Re uestin De artment
middot ~~~mhn~e~n~t------------------------~~==irr~r~~==u~~-~==l~IFTT~om~lfP~r~~~middotedct~A~pprop~ri~a~tio~n~--fjAk~n~ou~nt~RR~~ues~ro~-----i~ _ i ~05300000 Go nr lTi~ntal ___________ Health ~~~~I D1 Qlt)------------middot-middot--1 $6589066-00-middot--middot--------middot-----middot-middot---middot-L____ ___________________________________________ -- shy
Appropriation(s) to be Funded Statutory Authority I Date Funds Needed Chapter 1712007 Item No 4440-301-0660(2) Government Code Sec 15830 et seq ~26~611 tmiddot7-
middot-middot----------middot--middot------------middot--middot-middot------------ ----middot-middot--middot--middot--------------- --------shyDepartment Contact Title j Phone David Harner middot Chief Hospital OpeationsFiscal Supp I (916) 654-3600 middotn~~~~~~s-~~~~~~t)middot-----middot------ --______rsiinatre-------------~----~ -middot~---middotr~=~~-----middot-middot---shy
i General ObligationT 0 fB dype on s D Self Li uidatin D Other N~~-roo i3-0~ltLA-t----middot-q_ltgt-=---~~-middot=-middot-middot==-middotO~-==--middot--middot---middotmiddot--ll-middot-a-nmiddot-e--o-f-sPWB_0middotzoihd_Pro]eCimiddot------middot--middot-middot-middot-middotmiddot-middot-middot-middot-middot-------- ---
tascadero State Hospital 258 Bed Hospital Remediation API-jricrti~-~i~-b~-u~~-- o___ltic~ti~~-i-67246middotmiddot--middot______ middotoject-cmiddoti-aCt(srwmiddoti3-o~l)r)______r-yJ10ilemiddot---middot--_ ____
~~i2~fo~~Ife~~s~f-fi~=c-middoteFD=ubullndo~hccer=~~=--- uDmiddotmiddotmiddotamiddot-$middotmiddot~~~~-~~-
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments -~ D To fund an escrow or condenmation deposit fund 0 To pay vendors directly i 0 To finance loans to persons other than governmental entities 0 To reimburse local government for vendor payments [8] To make advances to State Architect Revolving FundJ
0 In a trade or business carried on by a nongovernmental person i If Yes specify DGS-PvfB Project No 124473 0 To make advances to other state funds If yes specify
I Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private ~J business or from federal funds Yes D No [8J (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No O If YES the repayments will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
obullbullobullbullbull-bull-bullbullbullbullbullbull~bullbullbull--bullbull-_________________HH----__--f-MH-bull0bull----middot-middot--bull-bullbullbullbullbullbull-1-----MMI--MO-
Administrative Entity Resol~~ioo~L~umber I Sale i Loan I middot CP i Date -___--middot-middotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot----middot-middot--middotmiddotmiddot--middotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot----middot-middot-middot-middotmiddotmiddot-middotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot--- middotmiddot-middot----middotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddot-middot-middot-middot-_-middotmiddotmiddot-middotmiddotmiddot---middot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot---__L---middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middot State Public Works Board i 0 I [8] 0 7132007- ___ ______________- 1_ 0
u- - ____+- ~~--I0 I
PART II RECOMMENDATION AND CONDITIONSshy(Completed by Public Finance Division of the State Treasurers Office)
~ This application is recommended for approval subject to the following conditions 0 First $ tlt bj used to payreduce existing PMIB loan __middot___ Kl Reduce amount ofloan to$ (DJ as JQaOO
Conditions (if applicable) middot
-~iniz~~~51~~E~u~ii~~~~~~~~~yent~d_f~r~EPr~~-~~L~~~~EJi~~il~~~-2i~i~ilt~--middot----___________________loaie--middot---_________
I
_
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval D rejection 0 modification middotj-middot~proved loan amount i _ Loan to be made no sooner than
an is due 364 days (or the next preceding business day if the due date falls on a state holiday_a_S_a-tu_r_d_a_y_o_r_a_S_u_n_d_a_y) from the date the loan is funded
Signarme E~etive Secretacy-----middot---middot-middot--middot-middot-middot------middot--------------------------middot--middotDate----------middot----------middot---shy
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
s agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( 1
bull ooled Money Investment Board (the Board) lends funds as specified below ~ ~ Total project appropriation $659800000 ~ Proposed Funding Date 51262611 G I J Loan Amount ~9S300()()0 -o-12-S bO
At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the Joan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Mpney Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale ofbonds (Bonds) authorized by the following statutes (Bond Act) rmiddotmiddotchapt-i7iifoo7~it~~-N~~444o3oio66o(i)- - -middot-middot-middotmiddot- middot-middot-middotmiddot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddot-middotmiddotmiddotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddot--_---middotmiddotmiddot-middot-middotmiddot-middotmiddot----middotmiddot--middot-l bull--bull-bull-Hbull---middot--middot-middot----bullbullbullbull--bullbullbull-bull-________________m_______________________________________l
ADMINISTRATIVE AUTHORIZATION _~_P-~f~l~-~-ltial_p_lPtJLlP~ipound1tltd tl~Jll_l~~-~~~ll~-~-I~~~EiY_~iQ~~-lfl~ilJ~rl~~-i~~flJ2)VS middot-------middot- Administrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act pennits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation by the State Legislature
OAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~EPE9Pi~i9P~Y~i~~~f9E_S~~hP~-9~~__________________
L~~~~~~~rM~n~ ~l~-middot-middot--__------middot------_ ___________________ ---middotmiddotmiddot J
~~-~~~~-----~~~~ L~~~~~-imiddot~middot~middot~middot~middoti~~~_S~~~~~-r ____d____-_________- __l~~gtltltlJI POOLED MONEY INVESTMENT BOARD EXECUTIVE SECRETARYS CERTIFICATION i 1IThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of __ and the vote was ___ as follows __- - __ r---middot-middot- __ ____ ______ ____ ___ ___j
~~~~~-~-plusmn=~- Director of Finance of the State of California
middot----middotmiddot-middotmiddotmiddot--middot~middot---------middotmiddotmiddot--middotmiddot-middot----middot-middot---middotmiddotmiddot-middot---middot-middotmiddot-----middot--middot-----------middot-middot-middotmiddot---middot-middot---middot--------middot-middot-----middot--middot---middot---middot--middot--middotmiddot--middot-middot----middot-middot--1-~--~middot~middotmiddot--middot-middotmiddotmiddot-~~ Conditions (if applicable)
middot-E~c~tivmiddots~~~tarymiddotrmiddotilieP~~~~dMo~-~YI~~t1 Boad-middot-middot--------middot-middot-middot-middot-------middot---- ________________ __TD~t~-middot-middot------middot-middot1 i ~-----middotmiddot---middot-middot--_________- ---middot--middot-----middot----middot----------middot-middot--middot-middot----------middot-------__________J____________l
INSTRUCTIONS TO CONTROLLER I i ~ 1 ~-~ Proceeds from this loan should be invested in the Surplus MoneYinvestirtent Fund SMIF earnings and bond proceeds will pay interest
) The General Fund will pay interest Do not invest loan proceeds in SMIF lCommercial Paper will be used to repay this loan Y~s middot - V No
Reserve $ _______________ of the proceeds from this loan for Cost of Issuance PMIA interest and administrative costs
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(epartment Name Department of Mental Health Project Name Atascadero 250-Bed Remediation ---_
- Year 2011 Est Project Completion Date 10302010
Date 412011 Est Phase Completion Date Acquisition
Loan Amount lt1l $ 6125000 Prelim Plans
Work Draw Funds Disbursed to Date $ 6038196 Per SCO Report dated 52411 1112009 Constr lt2l
~ame of Bond Program Public Buildings Construction Fund Equip
Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year Projection Disbursements Months Disbursements D-B)
0
Prior yrs 571970200 5719702
1 May-10 1302600 5732728 c 2 Jun-10 1336000 2142000 5754148 c 3 Jul-10 1336000 1882900 5772977 c 4 Aug-10 1336000 5772977 c 5 Sep-10 1336000 183700 5774814 c 6 Oct-10 334000 601200 5780826 c 7 Nov-10 384100 5784667 c 8 Dec-10 133600 5786003 c 9 Jan-11 5786003 c
10 Feb-11 5786003 c 11 Mar-11 5786003 c 12 Apr-11 6925800 5855261 C
~~~~~]~mlftltttt~bull~~~~~~~~~~~~~=~~~~~~~l~riir~ 13 May-11 500000 6110238 C
C14 Jun-11 500000 6115238
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11f-------1
191--_ _N__o_v_-11j
20 Dec-111---____--1 21 Jan-12
1--------1
~ 22 Feb-12 (___j 23 Mar-12
1---______~
(~~ nrlrl Anr_-_1 ) housand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application bull
(3) Projected Admin includes estimated fees from STO SCO and DOF
500000
500000
6120238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125000
c c c c c c c c c c
State of California- State Treasurers Office LOAN REQUEST New Loan fZ1 Renewal 0
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs II ~o~~LNO~LY ( 0 OOltoC
~ PART L LOAN REQUESTBOND PROGRAM INFORMATION f~ (Completed by Requesting Department) bull artment I Total Project Appropriation Amount Requested -corrections and Rehabilitation middot i $30000000000 I $682600000 middot----middot~---------middot--middotmiddot--middot-middot------middot----middot--middot----------------------middot------------middot--lmiddot------middotmiddot----middot-----middot-middot-middot-middot-l---middot-middot--middot-middot-----middot------- shyAppropriation(s) to be Funded ~71B -~ Statutory Authority I Date Funds Needed SB 81 Ch 17507 (as amended 8rpoundG 1828 Ch 729Mf) i Welfare and Institutions Code Chapter I 6182011 5225-801-0660 6101753 M3 l 15 Article 3 Sectio~970 1~11 I
_-Q~-~-X~~~fl9ffeE~~ Reh__Qilit~_i~~EiiEJ~~hasc I_ middot ~t1fgtDepartment Contact Titl~---middotmiddot--middot---middotmiddot------middot---middot----middot-middot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middot----middotmiddotmiddot-middotrmiddotPho~middot~~--------
i~~~~ffi(~O~~~~~-~-T fB d J General Obligation ReVeiiue
-N~~~~orb~middotmiddot~dAsp-elfAg~icI~~rg____0_~_21~-eJf-Jgi9_ainK--middotmiddot middotmiddot-~~~~~s-PPs~~~~tilmiddot~middotmiddotmiddotr~o-t~middotmiddot----131Bmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddot--middot--middotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddot-middot--middot-stanislaus County Juvenile ~ommitment Center
Appropriation to be Used D G C Section 167246 Project Contact (SPWB Only) I Phone middot~middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot
for STO Admin Costs D Other__ Darlene Maston I 916-255-2237 state con tr~ji~~middot~middot-middotorfi~middot~middotmiddotp~~imiddottc-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-shy middot-middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddot middotmiddotmiddothasemiddotmiddotrjgtmiddotJ-~middotimiddotmiddotcseTeZimiddotmiddotaIcmiddotmiddotitmiddotmiddotmiddot~iJmiddotiJiy)~middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotpoundsimiddotj~~middotCiTe~i-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot
0 A 0 PP 0 WD fZI C 0 E 0 D-B Completion Date 2152013
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments I 0 To fund an escrow or condenmation deposit fund 0 To pay vendors directly 0 To finance loans to persons other than governmental entities fZI To reimburse local government for vendor payments 0 To make advances to State Architect Revolving Fund D In a trade or business carried on by a nongovernmental person 1 If Yes specify DGS-PMB Project No (J0 To make advances to other state funds If yes specify
--A Will any part of the debt service on the bonds tl1at secure this loan be either secured by or paid from property used in a private business or from federal funds Yes 0 No fZI (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No O IfYES the repayments will be used to 0 pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
-----~i~-- fRol~I~~~~-----G~--~~~=~~=====Famp~=t=l==gF~
(
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
0 This application is reconnnended for approval subject to the following conditions D First$ to be used to payreduce existing PMIB loan _____ D Reduce amount of loan to $ _______
Conditions (ifltpplicable)
_O Ii~__ppJLc~ti~~i~ ~~~Ee~lt1~~9~~fo~E~~JQt~l1l~J~g_fi1~~1g_~RiY~~9~-middotmiddot-middotmiddot--middotmiddotmiddot-middotmiddotmiddot--middot-middot-middotmiddotmiddotmiddotmiddot-middot----~---middot-middot-------middotmiddotmiddot--middotmiddot-middot-----middotmiddotmiddotmiddot-middot---middot-middot-middot-middotmiddot--middotmiddotmiddotmiddotmiddot-signature Director Public Finance Division j Date
l 1 i
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
-middot~is request is recommended for Oapproval 0 rejection 0 modification ____pproved loan amount Loan to be made no sooner than _________ Loan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded
middot-s-gra~re~middot-Ex~-c-u-iT~e-semiddot~~eiarY----middot-middot-----middot-----middot--middot-middot----middotmiddot-middotmiddot-middot---------middot--middot----middot-middot----middot-middotmiddot-middotmiddot-middot------middot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddotmiddot------middot-middotmiddoto-aimiddot--middotmiddot-middotmiddotmiddot-middotmiddotmiddot-------middotmiddotmiddot-middotmiddot--middot-----middot----middotmiddotmiddotmiddot--middot-middot-middotmiddot
____
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
lo 006b _I
----middot-middot-middot-middot-~--middot1
r agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and 1----__ Pooled Money Investment Board (the Board) lends funds as specified below
Total project appropriation $30000000000 Proposed Funding Date 6182011
Loan Amount $682600000 At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state hoi iday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following
s~~~~r~~~ntl_~_~o --middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddot-middot---middot-middotmiddotmiddotmiddotmiddot-middot-middot-middot---middotmiddot-middot-middot-middotmiddotmiddotmiddot~~a~--middot--middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middot---middot-middot-middotmiddot-----middotmiddot-middotmiddot-middotmiddot---middot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot---middot--middot---middotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddot- middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot---middot~ i SB 81 Ch 17507 (as amended 8yen AIHI~middoth-7i91W) 5225-801-06606101753
1_1~pound~~-X~Il~~~IQ~I~~-~E_~p~_~y~_l~lti~i~~-~--~-tJgt~----middotmiddotmiddotmiddotmiddot-middot--middotmiddotmiddot-middot--middotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddot----middotmiddotmiddot-middotmiddotmiddot-middotmiddot--middot---middotmiddotmiddotmiddot--middotmiddot-middotmiddot-middot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot ----middot---jADMINISTRATIVE AUTHORIZATION
_ll_~_ltgt~--~-~C~-()_mm_~~pound~P~P~1bullfPP_lllI21E~2ll~~C-~Ctl_~lhQ~e~~Y~~iltgtSltgtf~iiSt~~Y~i_~ie~l~ol_lgt~~~_ _____________________ Adnrinistrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial
Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest fimiddotom the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan lfthe loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan middot
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds ofBonds or the proceeds of a new loan Payment from any other source is subject to appropriation
(~the State Legislatu_re
~lAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~PPI~CgtP~aisgt~~iJ~)_~_[ltE ~~hP~TP_~~~_---middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middot----middot-------middotmiddotmiddotmiddotmiddotmiddot-------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middot----middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddot middotmiddotmiddot--middotmiddot---middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddot---middot--middotmiddot---------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot i State Agency Name
jJ~P~r_lfl _lt_~E~~poundi~l~~l~_~~~~iol-----middot--middotmiddot--middotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddot--middot-- middotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddot--middot----- middotmiddotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddot----middot-middotmiddot--middot---middotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddot-middot--- middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot----middotmiddotmiddot--middotmiddotmiddot-- _
--T~=I ~~~~~~-i-~~=~~-~=---~-=cr~~__~~~~~~-~-=--middot~~-~--- middot-middotmiddotmiddotmiddot-middot-middoti -~-iAL 1 POOLED MONEY INVESTMENT BO i
iThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of
and the vote was as follows i
i_~_~-middot~-~~-~~~~-~=~~~~~ ____middotmiddot_=----~-~~-=~-~~middotmiddot~~~~sect-~~middot==-=~~-~middot~~~~middot~~=middotmiddot~middotmiddotmiddotmiddot~~=--~-==middot~~~-~-~~I~middot~middot~-middot~~~~Y~~~~middotmiddot~~-~~~~[middot~-~~~B~~~~=Ji Treasurer of the State of California I 1 l~MoHOoHHOHoH-gtHoooobull-bullbull-bullbullbullbullbull---middot-middot--bullbullbull-bullbull---middot-middotbull-MoOHHgtMHObullobulloo-bullbull-bullbull-bull-bullbull---bullbull--H--0-----middot-middotbull--middotmiddot-bullbullbullbullbullH~__-bullbullbullbull-bullbull+bullbull-HOoooOHooHooHoHooOHMo-oMo-oOOoO-Moooooo Moool
Controller of the State of California j j ji _MOOMOMOOMMO MOMM-__MMMMMOOMO---middot--middot--------middot--middotmiddot middotmiddotmiddot-middotmiddotmiddot-middotbullbullMMMOOMMO-MOOMMM _00-00Mbull-o0M_00000MOM-MMMMooMOMMOM-0000_0_00M--00000MMoM0-00-M000000000-0M000000-MOM-OOOM00000000-M0M00MM00000000MM00MOOOOMMiOMOM0_0_000000MOM-00000000-0MMO_M_ __ J- _ ___________________i______ Director of Finance of the State of California i ~-C-o~middot(jjtf)middot~~--(jf~ppif~~b-i~middot)~-----middotmiddot-middot--------middot-----middot--------------middot-------middotmiddotmiddotmiddot---middot-middot-----middotmiddotmiddot---middot---middot-------middot----middot--middotmiddot--middot--Lmiddotmiddot-middot-----middot--middot-middot---middotmiddotmiddot----middotmiddot-------L-----middot------middot-middot--------middot-i
I i jl-----middot-------middot-----middot-----middot----------middot--middot--middot------middot-----middot---------middot------------middot--middot------_____________________________________________-------------middot---middot-middot-middot-middot-middot--middot--middot--middot----middot-----middot----middot-middot_________________________s-_middot-----middot-middot--middot------middot---middot-li Executive Secretary of the Pooled Money Investment Board Date I I i i
i ~- l i
L---------middot----middot---middot---------middot-------------middot-----middot---middot--middot-----------middot--------middot-middot---------------------middot-middot---------middot---- ------middot--middot------middot-middot-middot---middot-middotmiddotmiddot---middot---middot-middot-------middot------middot-----middot-middot--middot----t--middot---middot---------middot------middot-middot-jmiddot-ISTRUCTIONS TO CONTROLLER
( J middotv Proceeds from this loan should be invested in the Surplus Money Investment Fund SMJF earnings and bond proceeds will pay interest ~ The General Fund will pay interest Do not invest loan proceeds in SMIF
Commercial Paper will be used to repay this loan Yes V No
Reserve $_______________ of the proceeds from this loan for Cost of Issuance PM IA interest and administrative costs
_~~~~~~0----
Rev (61 0)
MIA Loan Request for Revenue Bond Programs l Ol OObG
ashflow Statement
(~partment Name Corrections and Rehabilitation Project Name Stanislaus County Juvenile Commitment Center
~ Year 20112012 Est Project Completion Date 2152013
Date 5132011 Est Phase Completion Date NA Acquisition
6~826000 5132011
6212011 Work Draw
Loan Amount (1l __$ _____- Prelim Plans
Funds Disbursed to Date $ - Per SCO Report dated 0000 2152013 Constr (Zl
___---~---
Jame of Bond Program Lease Revenue-Stanislaus County Juvenile Commitment Ctr ___NA_____ Equip
_N_A_____ Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and the Next 12 Cumulative (APWCE
Year 0 n Actual Disbursements Months Disbursements D-B)
Prior yrsmiddot
1
2
3
4
0 5
6
7
8
9
10
11
12
16 11
17 Oct-11
18 Nov-11
19 Dec-11
20 Jan-12
21 Feb-12
22
(J 23
24
14
15
545 00000 552 500
818 00000 1 370 500 c 1 091 00000
1 091 00000
c
1 091 00000
1091 00000
c
1 091 00000
7 500
7 500
c
c
c
c
(1) Rounded up to nearest thousand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
0
_~~To_ ~- ~ 1shyl ~ 1gt1 0
0 OEPARTMENT OF EOMUNO G BROWN JRbullbull GOVERNOR
~-FDotF I N A N C E ----S-TA-TE-C~A-P-ITC-1-bull~R-o-o-M-~~45~~S-AC_RA_M_EN_T_o-C-A-bull-9-5~B~1--4-4~9-i=-B-8~www~~o-c~~CA-llc~v CFFICE CIF THE DIRECTCIR
May 12 2011
Mr Bill Dowell Administrator Pooled Money Investment Board 915 Capitol Mall Room 106 Sacramento CA 95814
Dear Mr Dowell
AB 55 Loan Application for County of Stanislaus Juvenile Commitment Center Project
The following detennination is respectfully submitted pursuant to the Pooled Money Investment Board Pooled Money Investment Account Loan Policy adopted October 20 2010
This loan request is for the states share of costs for the County of Stanislaus Juvenile Commitment Center Project one of many youthful offender rehabilitative facility projects included in the SB 81 Youthful Offender Rehabilitative Facilities Construction Financing Program middotIn this program the county rather than a state agency manages the construction contract and process Furthermore the county is responsible for a portion of the project costs including any project cost overruns Thus at this stage of the project it is fiscally prudent to fund the construction costsmiddot using an interim loan rather than to issue bonds until final costs are known and we are confident the county will have fully funded its share
Based on the factors noted above the Director of Finance has determined the project is not appropriate for upfront bond funding and therefore interim financing is necessary to fund the -construction phase of the project If you have any questions or need additional information regarding this matter please call Chris Lief Principal Program Budget Analyst at (916) 445-9694
ANAJMATOSANTOS Director By
1~ (-gt2--shyMICHAEL COHEN Chief Deputy Director
icc FINN ROGERS LIEF BENSON CF (3) SUSPENSE FILE 0
State of California- State Treasurers Office LOAN REQUEST New Loan D Renewal [8]
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs PMI~~~~LYr o( oos l
PART I LOAN REQUESTBOND PROGRAM INFORMATION Com leted b Re uestin De artment
middot ~~~mhn~e~n~t------------------------~~==irr~r~~==u~~-~==l~IFTT~om~lfP~r~~~middotedct~A~pprop~ri~a~tio~n~--fjAk~n~ou~nt~RR~~ues~ro~-----i~ _ i ~05300000 Go nr lTi~ntal ___________ Health ~~~~I D1 Qlt)------------middot-middot--1 $6589066-00-middot--middot--------middot-----middot-middot---middot-L____ ___________________________________________ -- shy
Appropriation(s) to be Funded Statutory Authority I Date Funds Needed Chapter 1712007 Item No 4440-301-0660(2) Government Code Sec 15830 et seq ~26~611 tmiddot7-
middot-middot----------middot--middot------------middot--middot-middot------------ ----middot-middot--middot--middot--------------- --------shyDepartment Contact Title j Phone David Harner middot Chief Hospital OpeationsFiscal Supp I (916) 654-3600 middotn~~~~~~s-~~~~~~t)middot-----middot------ --______rsiinatre-------------~----~ -middot~---middotr~=~~-----middot-middot---shy
i General ObligationT 0 fB dype on s D Self Li uidatin D Other N~~-roo i3-0~ltLA-t----middot-q_ltgt-=---~~-middot=-middot-middot==-middotO~-==--middot--middot---middotmiddot--ll-middot-a-nmiddot-e--o-f-sPWB_0middotzoihd_Pro]eCimiddot------middot--middot-middot-middot-middotmiddot-middot-middot-middot-middot-------- ---
tascadero State Hospital 258 Bed Hospital Remediation API-jricrti~-~i~-b~-u~~-- o___ltic~ti~~-i-67246middotmiddot--middot______ middotoject-cmiddoti-aCt(srwmiddoti3-o~l)r)______r-yJ10ilemiddot---middot--_ ____
~~i2~fo~~Ife~~s~f-fi~=c-middoteFD=ubullndo~hccer=~~=--- uDmiddotmiddotmiddotamiddot-$middotmiddot~~~~-~~-
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments -~ D To fund an escrow or condenmation deposit fund 0 To pay vendors directly i 0 To finance loans to persons other than governmental entities 0 To reimburse local government for vendor payments [8] To make advances to State Architect Revolving FundJ
0 In a trade or business carried on by a nongovernmental person i If Yes specify DGS-PvfB Project No 124473 0 To make advances to other state funds If yes specify
I Will any part of the debt service on the bonds that secure this loan be either secured by or paid from property used in a private ~J business or from federal funds Yes D No [8J (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes D No O If YES the repayments will be used to D pay debt service or D to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
obullbullobullbullbull-bull-bullbullbullbullbullbull~bullbullbull--bullbull-_________________HH----__--f-MH-bull0bull----middot-middot--bull-bullbullbullbullbullbull-1-----MMI--MO-
Administrative Entity Resol~~ioo~L~umber I Sale i Loan I middot CP i Date -___--middot-middotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot----middot-middot--middotmiddotmiddot--middotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot----middot-middot-middot-middotmiddotmiddot-middotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot--- middotmiddot-middot----middotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddot-middot-middot-middot-_-middotmiddotmiddot-middotmiddotmiddot---middot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot---__L---middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middot State Public Works Board i 0 I [8] 0 7132007- ___ ______________- 1_ 0
u- - ____+- ~~--I0 I
PART II RECOMMENDATION AND CONDITIONSshy(Completed by Public Finance Division of the State Treasurers Office)
~ This application is recommended for approval subject to the following conditions 0 First $ tlt bj used to payreduce existing PMIB loan __middot___ Kl Reduce amount ofloan to$ (DJ as JQaOO
Conditions (if applicable) middot
-~iniz~~~51~~E~u~ii~~~~~~~~~yent~d_f~r~EPr~~-~~L~~~~EJi~~il~~~-2i~i~ilt~--middot----___________________loaie--middot---_________
I
_
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
This request is recommended for Oapproval D rejection 0 modification middotj-middot~proved loan amount i _ Loan to be made no sooner than
an is due 364 days (or the next preceding business day if the due date falls on a state holiday_a_S_a-tu_r_d_a_y_o_r_a_S_u_n_d_a_y) from the date the loan is funded
Signarme E~etive Secretacy-----middot---middot-middot--middot-middot-middot------middot--------------------------middot--middotDate----------middot----------middot---shy
YOUR REQUEST IS NOT COMPLETE WITHOUT CASH FLOW PROJECTIONS
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
s agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( 1
bull ooled Money Investment Board (the Board) lends funds as specified below ~ ~ Total project appropriation $659800000 ~ Proposed Funding Date 51262611 G I J Loan Amount ~9S300()()0 -o-12-S bO
At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the Joan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Mpney Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale ofbonds (Bonds) authorized by the following statutes (Bond Act) rmiddotmiddotchapt-i7iifoo7~it~~-N~~444o3oio66o(i)- - -middot-middot-middotmiddot- middot-middot-middotmiddot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddot-middotmiddotmiddotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddot--_---middotmiddotmiddot-middot-middotmiddot-middotmiddot----middotmiddot--middot-l bull--bull-bull-Hbull---middot--middot-middot----bullbullbullbull--bullbullbull-bull-________________m_______________________________________l
ADMINISTRATIVE AUTHORIZATION _~_P-~f~l~-~-ltial_p_lPtJLlP~ipound1tltd tl~Jll_l~~-~~~ll~-~-I~~~EiY_~iQ~~-lfl~ilJ~rl~~-i~~flJ2)VS middot-------middot- Administrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act pennits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation by the State Legislature
OAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~EPE9Pi~i9P~Y~i~~~f9E_S~~hP~-9~~__________________
L~~~~~~~rM~n~ ~l~-middot-middot--__------middot------_ ___________________ ---middotmiddotmiddot J
~~-~~~~-----~~~~ L~~~~~-imiddot~middot~middot~middot~middoti~~~_S~~~~~-r ____d____-_________- __l~~gtltltlJI POOLED MONEY INVESTMENT BOARD EXECUTIVE SECRETARYS CERTIFICATION i 1IThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of __ and the vote was ___ as follows __- - __ r---middot-middot- __ ____ ______ ____ ___ ___j
~~~~~-~-plusmn=~- Director of Finance of the State of California
middot----middotmiddot-middotmiddotmiddot--middot~middot---------middotmiddotmiddot--middotmiddot-middot----middot-middot---middotmiddotmiddot-middot---middot-middotmiddot-----middot--middot-----------middot-middot-middotmiddot---middot-middot---middot--------middot-middot-----middot--middot---middot---middot--middot--middotmiddot--middot-middot----middot-middot--1-~--~middot~middotmiddot--middot-middotmiddotmiddot-~~ Conditions (if applicable)
middot-E~c~tivmiddots~~~tarymiddotrmiddotilieP~~~~dMo~-~YI~~t1 Boad-middot-middot--------middot-middot-middot-middot-------middot---- ________________ __TD~t~-middot-middot------middot-middot1 i ~-----middotmiddot---middot-middot--_________- ---middot--middot-----middot----middot----------middot-middot--middot-middot----------middot-------__________J____________l
INSTRUCTIONS TO CONTROLLER I i ~ 1 ~-~ Proceeds from this loan should be invested in the Surplus MoneYinvestirtent Fund SMIF earnings and bond proceeds will pay interest
) The General Fund will pay interest Do not invest loan proceeds in SMIF lCommercial Paper will be used to repay this loan Y~s middot - V No
Reserve $ _______________ of the proceeds from this loan for Cost of Issuance PMIA interest and administrative costs
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(epartment Name Department of Mental Health Project Name Atascadero 250-Bed Remediation ---_
- Year 2011 Est Project Completion Date 10302010
Date 412011 Est Phase Completion Date Acquisition
Loan Amount lt1l $ 6125000 Prelim Plans
Work Draw Funds Disbursed to Date $ 6038196 Per SCO Report dated 52411 1112009 Constr lt2l
~ame of Bond Program Public Buildings Construction Fund Equip
Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year Projection Disbursements Months Disbursements D-B)
0
Prior yrs 571970200 5719702
1 May-10 1302600 5732728 c 2 Jun-10 1336000 2142000 5754148 c 3 Jul-10 1336000 1882900 5772977 c 4 Aug-10 1336000 5772977 c 5 Sep-10 1336000 183700 5774814 c 6 Oct-10 334000 601200 5780826 c 7 Nov-10 384100 5784667 c 8 Dec-10 133600 5786003 c 9 Jan-11 5786003 c
10 Feb-11 5786003 c 11 Mar-11 5786003 c 12 Apr-11 6925800 5855261 C
~~~~~]~mlftltttt~bull~~~~~~~~~~~~~=~~~~~~~l~riir~ 13 May-11 500000 6110238 C
C14 Jun-11 500000 6115238
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11f-------1
191--_ _N__o_v_-11j
20 Dec-111---____--1 21 Jan-12
1--------1
~ 22 Feb-12 (___j 23 Mar-12
1---______~
(~~ nrlrl Anr_-_1 ) housand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application bull
(3) Projected Admin includes estimated fees from STO SCO and DOF
500000
500000
6120238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125000
c c c c c c c c c c
State of California- State Treasurers Office LOAN REQUEST New Loan fZ1 Renewal 0
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs II ~o~~LNO~LY ( 0 OOltoC
~ PART L LOAN REQUESTBOND PROGRAM INFORMATION f~ (Completed by Requesting Department) bull artment I Total Project Appropriation Amount Requested -corrections and Rehabilitation middot i $30000000000 I $682600000 middot----middot~---------middot--middotmiddot--middot-middot------middot----middot--middot----------------------middot------------middot--lmiddot------middotmiddot----middot-----middot-middot-middot-middot-l---middot-middot--middot-middot-----middot------- shyAppropriation(s) to be Funded ~71B -~ Statutory Authority I Date Funds Needed SB 81 Ch 17507 (as amended 8rpoundG 1828 Ch 729Mf) i Welfare and Institutions Code Chapter I 6182011 5225-801-0660 6101753 M3 l 15 Article 3 Sectio~970 1~11 I
_-Q~-~-X~~~fl9ffeE~~ Reh__Qilit~_i~~EiiEJ~~hasc I_ middot ~t1fgtDepartment Contact Titl~---middotmiddot--middot---middotmiddot------middot---middot----middot-middot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middot----middotmiddotmiddot-middotrmiddotPho~middot~~--------
i~~~~ffi(~O~~~~~-~-T fB d J General Obligation ReVeiiue
-N~~~~orb~middotmiddot~dAsp-elfAg~icI~~rg____0_~_21~-eJf-Jgi9_ainK--middotmiddot middotmiddot-~~~~~s-PPs~~~~tilmiddot~middotmiddotmiddotr~o-t~middotmiddot----131Bmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddot--middot--middotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddot-middot--middot-stanislaus County Juvenile ~ommitment Center
Appropriation to be Used D G C Section 167246 Project Contact (SPWB Only) I Phone middot~middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot
for STO Admin Costs D Other__ Darlene Maston I 916-255-2237 state con tr~ji~~middot~middot-middotorfi~middot~middotmiddotp~~imiddottc-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-shy middot-middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddot middotmiddotmiddothasemiddotmiddotrjgtmiddotJ-~middotimiddotmiddotcseTeZimiddotmiddotaIcmiddotmiddotitmiddotmiddotmiddot~iJmiddotiJiy)~middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotpoundsimiddotj~~middotCiTe~i-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot
0 A 0 PP 0 WD fZI C 0 E 0 D-B Completion Date 2152013
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments I 0 To fund an escrow or condenmation deposit fund 0 To pay vendors directly 0 To finance loans to persons other than governmental entities fZI To reimburse local government for vendor payments 0 To make advances to State Architect Revolving Fund D In a trade or business carried on by a nongovernmental person 1 If Yes specify DGS-PMB Project No (J0 To make advances to other state funds If yes specify
--A Will any part of the debt service on the bonds tl1at secure this loan be either secured by or paid from property used in a private business or from federal funds Yes 0 No fZI (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No O IfYES the repayments will be used to 0 pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
-----~i~-- fRol~I~~~~-----G~--~~~=~~=====Famp~=t=l==gF~
(
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
0 This application is reconnnended for approval subject to the following conditions D First$ to be used to payreduce existing PMIB loan _____ D Reduce amount of loan to $ _______
Conditions (ifltpplicable)
_O Ii~__ppJLc~ti~~i~ ~~~Ee~lt1~~9~~fo~E~~JQt~l1l~J~g_fi1~~1g_~RiY~~9~-middotmiddot-middotmiddot--middotmiddotmiddot-middotmiddotmiddot--middot-middot-middotmiddotmiddotmiddotmiddot-middot----~---middot-middot-------middotmiddotmiddot--middotmiddot-middot-----middotmiddotmiddotmiddot-middot---middot-middot-middot-middotmiddot--middotmiddotmiddotmiddotmiddot-signature Director Public Finance Division j Date
l 1 i
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
-middot~is request is recommended for Oapproval 0 rejection 0 modification ____pproved loan amount Loan to be made no sooner than _________ Loan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded
middot-s-gra~re~middot-Ex~-c-u-iT~e-semiddot~~eiarY----middot-middot-----middot-----middot--middot-middot----middotmiddot-middotmiddot-middot---------middot--middot----middot-middot----middot-middotmiddot-middotmiddot-middot------middot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddotmiddot------middot-middotmiddoto-aimiddot--middotmiddot-middotmiddotmiddot-middotmiddotmiddot-------middotmiddotmiddot-middotmiddot--middot-----middot----middotmiddotmiddotmiddot--middot-middot-middotmiddot
____
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
lo 006b _I
----middot-middot-middot-middot-~--middot1
r agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and 1----__ Pooled Money Investment Board (the Board) lends funds as specified below
Total project appropriation $30000000000 Proposed Funding Date 6182011
Loan Amount $682600000 At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state hoi iday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following
s~~~~r~~~ntl_~_~o --middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddot-middot---middot-middotmiddotmiddotmiddotmiddot-middot-middot-middot---middotmiddot-middot-middot-middotmiddotmiddotmiddot~~a~--middot--middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middot---middot-middot-middotmiddot-----middotmiddot-middotmiddot-middotmiddot---middot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot---middot--middot---middotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddot- middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot---middot~ i SB 81 Ch 17507 (as amended 8yen AIHI~middoth-7i91W) 5225-801-06606101753
1_1~pound~~-X~Il~~~IQ~I~~-~E_~p~_~y~_l~lti~i~~-~--~-tJgt~----middotmiddotmiddotmiddotmiddot-middot--middotmiddotmiddot-middot--middotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddot----middotmiddotmiddot-middotmiddotmiddot-middotmiddot--middot---middotmiddotmiddotmiddot--middotmiddot-middotmiddot-middot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot ----middot---jADMINISTRATIVE AUTHORIZATION
_ll_~_ltgt~--~-~C~-()_mm_~~pound~P~P~1bullfPP_lllI21E~2ll~~C-~Ctl_~lhQ~e~~Y~~iltgtSltgtf~iiSt~~Y~i_~ie~l~ol_lgt~~~_ _____________________ Adnrinistrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial
Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest fimiddotom the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan lfthe loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan middot
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds ofBonds or the proceeds of a new loan Payment from any other source is subject to appropriation
(~the State Legislatu_re
~lAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~PPI~CgtP~aisgt~~iJ~)_~_[ltE ~~hP~TP_~~~_---middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middot----middot-------middotmiddotmiddotmiddotmiddotmiddot-------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middot----middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddot middotmiddotmiddot--middotmiddot---middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddot---middot--middotmiddot---------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot i State Agency Name
jJ~P~r_lfl _lt_~E~~poundi~l~~l~_~~~~iol-----middot--middotmiddot--middotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddot--middot-- middotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddot--middot----- middotmiddotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddot----middot-middotmiddot--middot---middotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddot-middot--- middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot----middotmiddotmiddot--middotmiddotmiddot-- _
--T~=I ~~~~~~-i-~~=~~-~=---~-=cr~~__~~~~~~-~-=--middot~~-~--- middot-middotmiddotmiddotmiddot-middot-middoti -~-iAL 1 POOLED MONEY INVESTMENT BO i
iThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of
and the vote was as follows i
i_~_~-middot~-~~-~~~~-~=~~~~~ ____middotmiddot_=----~-~~-=~-~~middotmiddot~~~~sect-~~middot==-=~~-~middot~~~~middot~~=middotmiddot~middotmiddotmiddotmiddot~~=--~-==middot~~~-~-~~I~middot~middot~-middot~~~~Y~~~~middotmiddot~~-~~~~[middot~-~~~B~~~~=Ji Treasurer of the State of California I 1 l~MoHOoHHOHoH-gtHoooobull-bullbull-bullbullbullbullbull---middot-middot--bullbullbull-bullbull---middot-middotbull-MoOHHgtMHObullobulloo-bullbull-bullbull-bull-bullbull---bullbull--H--0-----middot-middotbull--middotmiddot-bullbullbullbullbullH~__-bullbullbullbull-bullbull+bullbull-HOoooOHooHooHoHooOHMo-oMo-oOOoO-Moooooo Moool
Controller of the State of California j j ji _MOOMOMOOMMO MOMM-__MMMMMOOMO---middot--middot--------middot--middotmiddot middotmiddotmiddot-middotmiddotmiddot-middotbullbullMMMOOMMO-MOOMMM _00-00Mbull-o0M_00000MOM-MMMMooMOMMOM-0000_0_00M--00000MMoM0-00-M000000000-0M000000-MOM-OOOM00000000-M0M00MM00000000MM00MOOOOMMiOMOM0_0_000000MOM-00000000-0MMO_M_ __ J- _ ___________________i______ Director of Finance of the State of California i ~-C-o~middot(jjtf)middot~~--(jf~ppif~~b-i~middot)~-----middotmiddot-middot--------middot-----middot--------------middot-------middotmiddotmiddotmiddot---middot-middot-----middotmiddotmiddot---middot---middot-------middot----middot--middotmiddot--middot--Lmiddotmiddot-middot-----middot--middot-middot---middotmiddotmiddot----middotmiddot-------L-----middot------middot-middot--------middot-i
I i jl-----middot-------middot-----middot-----middot----------middot--middot--middot------middot-----middot---------middot------------middot--middot------_____________________________________________-------------middot---middot-middot-middot-middot-middot--middot--middot--middot----middot-----middot----middot-middot_________________________s-_middot-----middot-middot--middot------middot---middot-li Executive Secretary of the Pooled Money Investment Board Date I I i i
i ~- l i
L---------middot----middot---middot---------middot-------------middot-----middot---middot--middot-----------middot--------middot-middot---------------------middot-middot---------middot---- ------middot--middot------middot-middot-middot---middot-middotmiddotmiddot---middot---middot-middot-------middot------middot-----middot-middot--middot----t--middot---middot---------middot------middot-middot-jmiddot-ISTRUCTIONS TO CONTROLLER
( J middotv Proceeds from this loan should be invested in the Surplus Money Investment Fund SMJF earnings and bond proceeds will pay interest ~ The General Fund will pay interest Do not invest loan proceeds in SMIF
Commercial Paper will be used to repay this loan Yes V No
Reserve $_______________ of the proceeds from this loan for Cost of Issuance PM IA interest and administrative costs
_~~~~~~0----
Rev (61 0)
MIA Loan Request for Revenue Bond Programs l Ol OObG
ashflow Statement
(~partment Name Corrections and Rehabilitation Project Name Stanislaus County Juvenile Commitment Center
~ Year 20112012 Est Project Completion Date 2152013
Date 5132011 Est Phase Completion Date NA Acquisition
6~826000 5132011
6212011 Work Draw
Loan Amount (1l __$ _____- Prelim Plans
Funds Disbursed to Date $ - Per SCO Report dated 0000 2152013 Constr (Zl
___---~---
Jame of Bond Program Lease Revenue-Stanislaus County Juvenile Commitment Ctr ___NA_____ Equip
_N_A_____ Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and the Next 12 Cumulative (APWCE
Year 0 n Actual Disbursements Months Disbursements D-B)
Prior yrsmiddot
1
2
3
4
0 5
6
7
8
9
10
11
12
16 11
17 Oct-11
18 Nov-11
19 Dec-11
20 Jan-12
21 Feb-12
22
(J 23
24
14
15
545 00000 552 500
818 00000 1 370 500 c 1 091 00000
1 091 00000
c
1 091 00000
1091 00000
c
1 091 00000
7 500
7 500
c
c
c
c
(1) Rounded up to nearest thousand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
0
_~~To_ ~- ~ 1shyl ~ 1gt1 0
0 OEPARTMENT OF EOMUNO G BROWN JRbullbull GOVERNOR
~-FDotF I N A N C E ----S-TA-TE-C~A-P-ITC-1-bull~R-o-o-M-~~45~~S-AC_RA_M_EN_T_o-C-A-bull-9-5~B~1--4-4~9-i=-B-8~www~~o-c~~CA-llc~v CFFICE CIF THE DIRECTCIR
May 12 2011
Mr Bill Dowell Administrator Pooled Money Investment Board 915 Capitol Mall Room 106 Sacramento CA 95814
Dear Mr Dowell
AB 55 Loan Application for County of Stanislaus Juvenile Commitment Center Project
The following detennination is respectfully submitted pursuant to the Pooled Money Investment Board Pooled Money Investment Account Loan Policy adopted October 20 2010
This loan request is for the states share of costs for the County of Stanislaus Juvenile Commitment Center Project one of many youthful offender rehabilitative facility projects included in the SB 81 Youthful Offender Rehabilitative Facilities Construction Financing Program middotIn this program the county rather than a state agency manages the construction contract and process Furthermore the county is responsible for a portion of the project costs including any project cost overruns Thus at this stage of the project it is fiscally prudent to fund the construction costsmiddot using an interim loan rather than to issue bonds until final costs are known and we are confident the county will have fully funded its share
Based on the factors noted above the Director of Finance has determined the project is not appropriate for upfront bond funding and therefore interim financing is necessary to fund the -construction phase of the project If you have any questions or need additional information regarding this matter please call Chris Lief Principal Program Budget Analyst at (916) 445-9694
ANAJMATOSANTOS Director By
1~ (-gt2--shyMICHAEL COHEN Chief Deputy Director
icc FINN ROGERS LIEF BENSON CF (3) SUSPENSE FILE 0
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
s agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and ( 1
bull ooled Money Investment Board (the Board) lends funds as specified below ~ ~ Total project appropriation $659800000 ~ Proposed Funding Date 51262611 G I J Loan Amount ~9S300()()0 -o-12-S bO
At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the Joan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Mpney Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale ofbonds (Bonds) authorized by the following statutes (Bond Act) rmiddotmiddotchapt-i7iifoo7~it~~-N~~444o3oio66o(i)- - -middot-middot-middotmiddot- middot-middot-middotmiddot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddot-middotmiddotmiddotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddot--_---middotmiddotmiddot-middot-middotmiddot-middotmiddot----middotmiddot--middot-l bull--bull-bull-Hbull---middot--middot-middot----bullbullbullbull--bullbullbull-bull-________________m_______________________________________l
ADMINISTRATIVE AUTHORIZATION _~_P-~f~l~-~-ltial_p_lPtJLlP~ipound1tltd tl~Jll_l~~-~~~ll~-~-I~~~EiY_~iQ~~-lfl~ilJ~rl~~-i~~flJ2)VS middot-------middot- Administrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act pennits the state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest from the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan If the loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds of Bonds or the proceeds of a new loan Payment from any other source is subject to appropriation by the State Legislature
OAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~EPE9Pi~i9P~Y~i~~~f9E_S~~hP~-9~~__________________
L~~~~~~~rM~n~ ~l~-middot-middot--__------middot------_ ___________________ ---middotmiddotmiddot J
~~-~~~~-----~~~~ L~~~~~-imiddot~middot~middot~middot~middoti~~~_S~~~~~-r ____d____-_________- __l~~gtltltlJI POOLED MONEY INVESTMENT BOARD EXECUTIVE SECRETARYS CERTIFICATION i 1IThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of __ and the vote was ___ as follows __- - __ r---middot-middot- __ ____ ______ ____ ___ ___j
~~~~~-~-plusmn=~- Director of Finance of the State of California
middot----middotmiddot-middotmiddotmiddot--middot~middot---------middotmiddotmiddot--middotmiddot-middot----middot-middot---middotmiddotmiddot-middot---middot-middotmiddot-----middot--middot-----------middot-middot-middotmiddot---middot-middot---middot--------middot-middot-----middot--middot---middot---middot--middot--middotmiddot--middot-middot----middot-middot--1-~--~middot~middotmiddot--middot-middotmiddotmiddot-~~ Conditions (if applicable)
middot-E~c~tivmiddots~~~tarymiddotrmiddotilieP~~~~dMo~-~YI~~t1 Boad-middot-middot--------middot-middot-middot-middot-------middot---- ________________ __TD~t~-middot-middot------middot-middot1 i ~-----middotmiddot---middot-middot--_________- ---middot--middot-----middot----middot----------middot-middot--middot-middot----------middot-------__________J____________l
INSTRUCTIONS TO CONTROLLER I i ~ 1 ~-~ Proceeds from this loan should be invested in the Surplus MoneYinvestirtent Fund SMIF earnings and bond proceeds will pay interest
) The General Fund will pay interest Do not invest loan proceeds in SMIF lCommercial Paper will be used to repay this loan Y~s middot - V No
Reserve $ _______________ of the proceeds from this loan for Cost of Issuance PMIA interest and administrative costs
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(epartment Name Department of Mental Health Project Name Atascadero 250-Bed Remediation ---_
- Year 2011 Est Project Completion Date 10302010
Date 412011 Est Phase Completion Date Acquisition
Loan Amount lt1l $ 6125000 Prelim Plans
Work Draw Funds Disbursed to Date $ 6038196 Per SCO Report dated 52411 1112009 Constr lt2l
~ame of Bond Program Public Buildings Construction Fund Equip
Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year Projection Disbursements Months Disbursements D-B)
0
Prior yrs 571970200 5719702
1 May-10 1302600 5732728 c 2 Jun-10 1336000 2142000 5754148 c 3 Jul-10 1336000 1882900 5772977 c 4 Aug-10 1336000 5772977 c 5 Sep-10 1336000 183700 5774814 c 6 Oct-10 334000 601200 5780826 c 7 Nov-10 384100 5784667 c 8 Dec-10 133600 5786003 c 9 Jan-11 5786003 c
10 Feb-11 5786003 c 11 Mar-11 5786003 c 12 Apr-11 6925800 5855261 C
~~~~~]~mlftltttt~bull~~~~~~~~~~~~~=~~~~~~~l~riir~ 13 May-11 500000 6110238 C
C14 Jun-11 500000 6115238
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11f-------1
191--_ _N__o_v_-11j
20 Dec-111---____--1 21 Jan-12
1--------1
~ 22 Feb-12 (___j 23 Mar-12
1---______~
(~~ nrlrl Anr_-_1 ) housand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application bull
(3) Projected Admin includes estimated fees from STO SCO and DOF
500000
500000
6120238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125000
c c c c c c c c c c
State of California- State Treasurers Office LOAN REQUEST New Loan fZ1 Renewal 0
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs II ~o~~LNO~LY ( 0 OOltoC
~ PART L LOAN REQUESTBOND PROGRAM INFORMATION f~ (Completed by Requesting Department) bull artment I Total Project Appropriation Amount Requested -corrections and Rehabilitation middot i $30000000000 I $682600000 middot----middot~---------middot--middotmiddot--middot-middot------middot----middot--middot----------------------middot------------middot--lmiddot------middotmiddot----middot-----middot-middot-middot-middot-l---middot-middot--middot-middot-----middot------- shyAppropriation(s) to be Funded ~71B -~ Statutory Authority I Date Funds Needed SB 81 Ch 17507 (as amended 8rpoundG 1828 Ch 729Mf) i Welfare and Institutions Code Chapter I 6182011 5225-801-0660 6101753 M3 l 15 Article 3 Sectio~970 1~11 I
_-Q~-~-X~~~fl9ffeE~~ Reh__Qilit~_i~~EiiEJ~~hasc I_ middot ~t1fgtDepartment Contact Titl~---middotmiddot--middot---middotmiddot------middot---middot----middot-middot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middot----middotmiddotmiddot-middotrmiddotPho~middot~~--------
i~~~~ffi(~O~~~~~-~-T fB d J General Obligation ReVeiiue
-N~~~~orb~middotmiddot~dAsp-elfAg~icI~~rg____0_~_21~-eJf-Jgi9_ainK--middotmiddot middotmiddot-~~~~~s-PPs~~~~tilmiddot~middotmiddotmiddotr~o-t~middotmiddot----131Bmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddot--middot--middotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddot-middot--middot-stanislaus County Juvenile ~ommitment Center
Appropriation to be Used D G C Section 167246 Project Contact (SPWB Only) I Phone middot~middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot
for STO Admin Costs D Other__ Darlene Maston I 916-255-2237 state con tr~ji~~middot~middot-middotorfi~middot~middotmiddotp~~imiddottc-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-shy middot-middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddot middotmiddotmiddothasemiddotmiddotrjgtmiddotJ-~middotimiddotmiddotcseTeZimiddotmiddotaIcmiddotmiddotitmiddotmiddotmiddot~iJmiddotiJiy)~middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotpoundsimiddotj~~middotCiTe~i-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot
0 A 0 PP 0 WD fZI C 0 E 0 D-B Completion Date 2152013
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments I 0 To fund an escrow or condenmation deposit fund 0 To pay vendors directly 0 To finance loans to persons other than governmental entities fZI To reimburse local government for vendor payments 0 To make advances to State Architect Revolving Fund D In a trade or business carried on by a nongovernmental person 1 If Yes specify DGS-PMB Project No (J0 To make advances to other state funds If yes specify
--A Will any part of the debt service on the bonds tl1at secure this loan be either secured by or paid from property used in a private business or from federal funds Yes 0 No fZI (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No O IfYES the repayments will be used to 0 pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
-----~i~-- fRol~I~~~~-----G~--~~~=~~=====Famp~=t=l==gF~
(
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
0 This application is reconnnended for approval subject to the following conditions D First$ to be used to payreduce existing PMIB loan _____ D Reduce amount of loan to $ _______
Conditions (ifltpplicable)
_O Ii~__ppJLc~ti~~i~ ~~~Ee~lt1~~9~~fo~E~~JQt~l1l~J~g_fi1~~1g_~RiY~~9~-middotmiddot-middotmiddot--middotmiddotmiddot-middotmiddotmiddot--middot-middot-middotmiddotmiddotmiddotmiddot-middot----~---middot-middot-------middotmiddotmiddot--middotmiddot-middot-----middotmiddotmiddotmiddot-middot---middot-middot-middot-middotmiddot--middotmiddotmiddotmiddotmiddot-signature Director Public Finance Division j Date
l 1 i
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
-middot~is request is recommended for Oapproval 0 rejection 0 modification ____pproved loan amount Loan to be made no sooner than _________ Loan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded
middot-s-gra~re~middot-Ex~-c-u-iT~e-semiddot~~eiarY----middot-middot-----middot-----middot--middot-middot----middotmiddot-middotmiddot-middot---------middot--middot----middot-middot----middot-middotmiddot-middotmiddot-middot------middot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddotmiddot------middot-middotmiddoto-aimiddot--middotmiddot-middotmiddotmiddot-middotmiddotmiddot-------middotmiddotmiddot-middotmiddot--middot-----middot----middotmiddotmiddotmiddot--middot-middot-middotmiddot
____
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
lo 006b _I
----middot-middot-middot-middot-~--middot1
r agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and 1----__ Pooled Money Investment Board (the Board) lends funds as specified below
Total project appropriation $30000000000 Proposed Funding Date 6182011
Loan Amount $682600000 At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state hoi iday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following
s~~~~r~~~ntl_~_~o --middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddot-middot---middot-middotmiddotmiddotmiddotmiddot-middot-middot-middot---middotmiddot-middot-middot-middotmiddotmiddotmiddot~~a~--middot--middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middot---middot-middot-middotmiddot-----middotmiddot-middotmiddot-middotmiddot---middot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot---middot--middot---middotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddot- middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot---middot~ i SB 81 Ch 17507 (as amended 8yen AIHI~middoth-7i91W) 5225-801-06606101753
1_1~pound~~-X~Il~~~IQ~I~~-~E_~p~_~y~_l~lti~i~~-~--~-tJgt~----middotmiddotmiddotmiddotmiddot-middot--middotmiddotmiddot-middot--middotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddot----middotmiddotmiddot-middotmiddotmiddot-middotmiddot--middot---middotmiddotmiddotmiddot--middotmiddot-middotmiddot-middot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot ----middot---jADMINISTRATIVE AUTHORIZATION
_ll_~_ltgt~--~-~C~-()_mm_~~pound~P~P~1bullfPP_lllI21E~2ll~~C-~Ctl_~lhQ~e~~Y~~iltgtSltgtf~iiSt~~Y~i_~ie~l~ol_lgt~~~_ _____________________ Adnrinistrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial
Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest fimiddotom the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan lfthe loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan middot
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds ofBonds or the proceeds of a new loan Payment from any other source is subject to appropriation
(~the State Legislatu_re
~lAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~PPI~CgtP~aisgt~~iJ~)_~_[ltE ~~hP~TP_~~~_---middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middot----middot-------middotmiddotmiddotmiddotmiddotmiddot-------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middot----middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddot middotmiddotmiddot--middotmiddot---middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddot---middot--middotmiddot---------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot i State Agency Name
jJ~P~r_lfl _lt_~E~~poundi~l~~l~_~~~~iol-----middot--middotmiddot--middotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddot--middot-- middotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddot--middot----- middotmiddotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddot----middot-middotmiddot--middot---middotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddot-middot--- middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot----middotmiddotmiddot--middotmiddotmiddot-- _
--T~=I ~~~~~~-i-~~=~~-~=---~-=cr~~__~~~~~~-~-=--middot~~-~--- middot-middotmiddotmiddotmiddot-middot-middoti -~-iAL 1 POOLED MONEY INVESTMENT BO i
iThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of
and the vote was as follows i
i_~_~-middot~-~~-~~~~-~=~~~~~ ____middotmiddot_=----~-~~-=~-~~middotmiddot~~~~sect-~~middot==-=~~-~middot~~~~middot~~=middotmiddot~middotmiddotmiddotmiddot~~=--~-==middot~~~-~-~~I~middot~middot~-middot~~~~Y~~~~middotmiddot~~-~~~~[middot~-~~~B~~~~=Ji Treasurer of the State of California I 1 l~MoHOoHHOHoH-gtHoooobull-bullbull-bullbullbullbullbull---middot-middot--bullbullbull-bullbull---middot-middotbull-MoOHHgtMHObullobulloo-bullbull-bullbull-bull-bullbull---bullbull--H--0-----middot-middotbull--middotmiddot-bullbullbullbullbullH~__-bullbullbullbull-bullbull+bullbull-HOoooOHooHooHoHooOHMo-oMo-oOOoO-Moooooo Moool
Controller of the State of California j j ji _MOOMOMOOMMO MOMM-__MMMMMOOMO---middot--middot--------middot--middotmiddot middotmiddotmiddot-middotmiddotmiddot-middotbullbullMMMOOMMO-MOOMMM _00-00Mbull-o0M_00000MOM-MMMMooMOMMOM-0000_0_00M--00000MMoM0-00-M000000000-0M000000-MOM-OOOM00000000-M0M00MM00000000MM00MOOOOMMiOMOM0_0_000000MOM-00000000-0MMO_M_ __ J- _ ___________________i______ Director of Finance of the State of California i ~-C-o~middot(jjtf)middot~~--(jf~ppif~~b-i~middot)~-----middotmiddot-middot--------middot-----middot--------------middot-------middotmiddotmiddotmiddot---middot-middot-----middotmiddotmiddot---middot---middot-------middot----middot--middotmiddot--middot--Lmiddotmiddot-middot-----middot--middot-middot---middotmiddotmiddot----middotmiddot-------L-----middot------middot-middot--------middot-i
I i jl-----middot-------middot-----middot-----middot----------middot--middot--middot------middot-----middot---------middot------------middot--middot------_____________________________________________-------------middot---middot-middot-middot-middot-middot--middot--middot--middot----middot-----middot----middot-middot_________________________s-_middot-----middot-middot--middot------middot---middot-li Executive Secretary of the Pooled Money Investment Board Date I I i i
i ~- l i
L---------middot----middot---middot---------middot-------------middot-----middot---middot--middot-----------middot--------middot-middot---------------------middot-middot---------middot---- ------middot--middot------middot-middot-middot---middot-middotmiddotmiddot---middot---middot-middot-------middot------middot-----middot-middot--middot----t--middot---middot---------middot------middot-middot-jmiddot-ISTRUCTIONS TO CONTROLLER
( J middotv Proceeds from this loan should be invested in the Surplus Money Investment Fund SMJF earnings and bond proceeds will pay interest ~ The General Fund will pay interest Do not invest loan proceeds in SMIF
Commercial Paper will be used to repay this loan Yes V No
Reserve $_______________ of the proceeds from this loan for Cost of Issuance PM IA interest and administrative costs
_~~~~~~0----
Rev (61 0)
MIA Loan Request for Revenue Bond Programs l Ol OObG
ashflow Statement
(~partment Name Corrections and Rehabilitation Project Name Stanislaus County Juvenile Commitment Center
~ Year 20112012 Est Project Completion Date 2152013
Date 5132011 Est Phase Completion Date NA Acquisition
6~826000 5132011
6212011 Work Draw
Loan Amount (1l __$ _____- Prelim Plans
Funds Disbursed to Date $ - Per SCO Report dated 0000 2152013 Constr (Zl
___---~---
Jame of Bond Program Lease Revenue-Stanislaus County Juvenile Commitment Ctr ___NA_____ Equip
_N_A_____ Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and the Next 12 Cumulative (APWCE
Year 0 n Actual Disbursements Months Disbursements D-B)
Prior yrsmiddot
1
2
3
4
0 5
6
7
8
9
10
11
12
16 11
17 Oct-11
18 Nov-11
19 Dec-11
20 Jan-12
21 Feb-12
22
(J 23
24
14
15
545 00000 552 500
818 00000 1 370 500 c 1 091 00000
1 091 00000
c
1 091 00000
1091 00000
c
1 091 00000
7 500
7 500
c
c
c
c
(1) Rounded up to nearest thousand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
0
_~~To_ ~- ~ 1shyl ~ 1gt1 0
0 OEPARTMENT OF EOMUNO G BROWN JRbullbull GOVERNOR
~-FDotF I N A N C E ----S-TA-TE-C~A-P-ITC-1-bull~R-o-o-M-~~45~~S-AC_RA_M_EN_T_o-C-A-bull-9-5~B~1--4-4~9-i=-B-8~www~~o-c~~CA-llc~v CFFICE CIF THE DIRECTCIR
May 12 2011
Mr Bill Dowell Administrator Pooled Money Investment Board 915 Capitol Mall Room 106 Sacramento CA 95814
Dear Mr Dowell
AB 55 Loan Application for County of Stanislaus Juvenile Commitment Center Project
The following detennination is respectfully submitted pursuant to the Pooled Money Investment Board Pooled Money Investment Account Loan Policy adopted October 20 2010
This loan request is for the states share of costs for the County of Stanislaus Juvenile Commitment Center Project one of many youthful offender rehabilitative facility projects included in the SB 81 Youthful Offender Rehabilitative Facilities Construction Financing Program middotIn this program the county rather than a state agency manages the construction contract and process Furthermore the county is responsible for a portion of the project costs including any project cost overruns Thus at this stage of the project it is fiscally prudent to fund the construction costsmiddot using an interim loan rather than to issue bonds until final costs are known and we are confident the county will have fully funded its share
Based on the factors noted above the Director of Finance has determined the project is not appropriate for upfront bond funding and therefore interim financing is necessary to fund the -construction phase of the project If you have any questions or need additional information regarding this matter please call Chris Lief Principal Program Budget Analyst at (916) 445-9694
ANAJMATOSANTOS Director By
1~ (-gt2--shyMICHAEL COHEN Chief Deputy Director
icc FINN ROGERS LIEF BENSON CF (3) SUSPENSE FILE 0
Rev (61 0)
MIA Loan Request for Revenue Bond Programs
ashflow Statement
(epartment Name Department of Mental Health Project Name Atascadero 250-Bed Remediation ---_
- Year 2011 Est Project Completion Date 10302010
Date 412011 Est Phase Completion Date Acquisition
Loan Amount lt1l $ 6125000 Prelim Plans
Work Draw Funds Disbursed to Date $ 6038196 Per SCO Report dated 52411 1112009 Constr lt2l
~ame of Bond Program Public Buildings Construction Fund Equip
Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and Original Actual the Next 12 Cumulative (APWCE
Year Projection Disbursements Months Disbursements D-B)
0
Prior yrs 571970200 5719702
1 May-10 1302600 5732728 c 2 Jun-10 1336000 2142000 5754148 c 3 Jul-10 1336000 1882900 5772977 c 4 Aug-10 1336000 5772977 c 5 Sep-10 1336000 183700 5774814 c 6 Oct-10 334000 601200 5780826 c 7 Nov-10 384100 5784667 c 8 Dec-10 133600 5786003 c 9 Jan-11 5786003 c
10 Feb-11 5786003 c 11 Mar-11 5786003 c 12 Apr-11 6925800 5855261 C
~~~~~]~mlftltttt~bull~~~~~~~~~~~~~=~~~~~~~l~riir~ 13 May-11 500000 6110238 C
C14 Jun-11 500000 6115238
15 Jul-11
16 Aug-11
17 Sep-11
18 Oct-11f-------1
191--_ _N__o_v_-11j
20 Dec-111---____--1 21 Jan-12
1--------1
~ 22 Feb-12 (___j 23 Mar-12
1---______~
(~~ nrlrl Anr_-_1 ) housand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application bull
(3) Projected Admin includes estimated fees from STO SCO and DOF
500000
500000
6120238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125238
6125000
c c c c c c c c c c
State of California- State Treasurers Office LOAN REQUEST New Loan fZ1 Renewal 0
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs II ~o~~LNO~LY ( 0 OOltoC
~ PART L LOAN REQUESTBOND PROGRAM INFORMATION f~ (Completed by Requesting Department) bull artment I Total Project Appropriation Amount Requested -corrections and Rehabilitation middot i $30000000000 I $682600000 middot----middot~---------middot--middotmiddot--middot-middot------middot----middot--middot----------------------middot------------middot--lmiddot------middotmiddot----middot-----middot-middot-middot-middot-l---middot-middot--middot-middot-----middot------- shyAppropriation(s) to be Funded ~71B -~ Statutory Authority I Date Funds Needed SB 81 Ch 17507 (as amended 8rpoundG 1828 Ch 729Mf) i Welfare and Institutions Code Chapter I 6182011 5225-801-0660 6101753 M3 l 15 Article 3 Sectio~970 1~11 I
_-Q~-~-X~~~fl9ffeE~~ Reh__Qilit~_i~~EiiEJ~~hasc I_ middot ~t1fgtDepartment Contact Titl~---middotmiddot--middot---middotmiddot------middot---middot----middot-middot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middot----middotmiddotmiddot-middotrmiddotPho~middot~~--------
i~~~~ffi(~O~~~~~-~-T fB d J General Obligation ReVeiiue
-N~~~~orb~middotmiddot~dAsp-elfAg~icI~~rg____0_~_21~-eJf-Jgi9_ainK--middotmiddot middotmiddot-~~~~~s-PPs~~~~tilmiddot~middotmiddotmiddotr~o-t~middotmiddot----131Bmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddot--middot--middotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddot-middot--middot-stanislaus County Juvenile ~ommitment Center
Appropriation to be Used D G C Section 167246 Project Contact (SPWB Only) I Phone middot~middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot
for STO Admin Costs D Other__ Darlene Maston I 916-255-2237 state con tr~ji~~middot~middot-middotorfi~middot~middotmiddotp~~imiddottc-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-shy middot-middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddot middotmiddotmiddothasemiddotmiddotrjgtmiddotJ-~middotimiddotmiddotcseTeZimiddotmiddotaIcmiddotmiddotitmiddotmiddotmiddot~iJmiddotiJiy)~middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotpoundsimiddotj~~middotCiTe~i-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot
0 A 0 PP 0 WD fZI C 0 E 0 D-B Completion Date 2152013
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments I 0 To fund an escrow or condenmation deposit fund 0 To pay vendors directly 0 To finance loans to persons other than governmental entities fZI To reimburse local government for vendor payments 0 To make advances to State Architect Revolving Fund D In a trade or business carried on by a nongovernmental person 1 If Yes specify DGS-PMB Project No (J0 To make advances to other state funds If yes specify
--A Will any part of the debt service on the bonds tl1at secure this loan be either secured by or paid from property used in a private business or from federal funds Yes 0 No fZI (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No O IfYES the repayments will be used to 0 pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
-----~i~-- fRol~I~~~~-----G~--~~~=~~=====Famp~=t=l==gF~
(
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
0 This application is reconnnended for approval subject to the following conditions D First$ to be used to payreduce existing PMIB loan _____ D Reduce amount of loan to $ _______
Conditions (ifltpplicable)
_O Ii~__ppJLc~ti~~i~ ~~~Ee~lt1~~9~~fo~E~~JQt~l1l~J~g_fi1~~1g_~RiY~~9~-middotmiddot-middotmiddot--middotmiddotmiddot-middotmiddotmiddot--middot-middot-middotmiddotmiddotmiddotmiddot-middot----~---middot-middot-------middotmiddotmiddot--middotmiddot-middot-----middotmiddotmiddotmiddot-middot---middot-middot-middot-middotmiddot--middotmiddotmiddotmiddotmiddot-signature Director Public Finance Division j Date
l 1 i
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
-middot~is request is recommended for Oapproval 0 rejection 0 modification ____pproved loan amount Loan to be made no sooner than _________ Loan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded
middot-s-gra~re~middot-Ex~-c-u-iT~e-semiddot~~eiarY----middot-middot-----middot-----middot--middot-middot----middotmiddot-middotmiddot-middot---------middot--middot----middot-middot----middot-middotmiddot-middotmiddot-middot------middot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddotmiddot------middot-middotmiddoto-aimiddot--middotmiddot-middotmiddotmiddot-middotmiddotmiddot-------middotmiddotmiddot-middotmiddot--middot-----middot----middotmiddotmiddotmiddot--middot-middot-middotmiddot
____
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
lo 006b _I
----middot-middot-middot-middot-~--middot1
r agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and 1----__ Pooled Money Investment Board (the Board) lends funds as specified below
Total project appropriation $30000000000 Proposed Funding Date 6182011
Loan Amount $682600000 At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state hoi iday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following
s~~~~r~~~ntl_~_~o --middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddot-middot---middot-middotmiddotmiddotmiddotmiddot-middot-middot-middot---middotmiddot-middot-middot-middotmiddotmiddotmiddot~~a~--middot--middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middot---middot-middot-middotmiddot-----middotmiddot-middotmiddot-middotmiddot---middot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot---middot--middot---middotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddot- middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot---middot~ i SB 81 Ch 17507 (as amended 8yen AIHI~middoth-7i91W) 5225-801-06606101753
1_1~pound~~-X~Il~~~IQ~I~~-~E_~p~_~y~_l~lti~i~~-~--~-tJgt~----middotmiddotmiddotmiddotmiddot-middot--middotmiddotmiddot-middot--middotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddot----middotmiddotmiddot-middotmiddotmiddot-middotmiddot--middot---middotmiddotmiddotmiddot--middotmiddot-middotmiddot-middot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot ----middot---jADMINISTRATIVE AUTHORIZATION
_ll_~_ltgt~--~-~C~-()_mm_~~pound~P~P~1bullfPP_lllI21E~2ll~~C-~Ctl_~lhQ~e~~Y~~iltgtSltgtf~iiSt~~Y~i_~ie~l~ol_lgt~~~_ _____________________ Adnrinistrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial
Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest fimiddotom the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan lfthe loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan middot
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds ofBonds or the proceeds of a new loan Payment from any other source is subject to appropriation
(~the State Legislatu_re
~lAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~PPI~CgtP~aisgt~~iJ~)_~_[ltE ~~hP~TP_~~~_---middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middot----middot-------middotmiddotmiddotmiddotmiddotmiddot-------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middot----middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddot middotmiddotmiddot--middotmiddot---middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddot---middot--middotmiddot---------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot i State Agency Name
jJ~P~r_lfl _lt_~E~~poundi~l~~l~_~~~~iol-----middot--middotmiddot--middotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddot--middot-- middotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddot--middot----- middotmiddotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddot----middot-middotmiddot--middot---middotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddot-middot--- middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot----middotmiddotmiddot--middotmiddotmiddot-- _
--T~=I ~~~~~~-i-~~=~~-~=---~-=cr~~__~~~~~~-~-=--middot~~-~--- middot-middotmiddotmiddotmiddot-middot-middoti -~-iAL 1 POOLED MONEY INVESTMENT BO i
iThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of
and the vote was as follows i
i_~_~-middot~-~~-~~~~-~=~~~~~ ____middotmiddot_=----~-~~-=~-~~middotmiddot~~~~sect-~~middot==-=~~-~middot~~~~middot~~=middotmiddot~middotmiddotmiddotmiddot~~=--~-==middot~~~-~-~~I~middot~middot~-middot~~~~Y~~~~middotmiddot~~-~~~~[middot~-~~~B~~~~=Ji Treasurer of the State of California I 1 l~MoHOoHHOHoH-gtHoooobull-bullbull-bullbullbullbullbull---middot-middot--bullbullbull-bullbull---middot-middotbull-MoOHHgtMHObullobulloo-bullbull-bullbull-bull-bullbull---bullbull--H--0-----middot-middotbull--middotmiddot-bullbullbullbullbullH~__-bullbullbullbull-bullbull+bullbull-HOoooOHooHooHoHooOHMo-oMo-oOOoO-Moooooo Moool
Controller of the State of California j j ji _MOOMOMOOMMO MOMM-__MMMMMOOMO---middot--middot--------middot--middotmiddot middotmiddotmiddot-middotmiddotmiddot-middotbullbullMMMOOMMO-MOOMMM _00-00Mbull-o0M_00000MOM-MMMMooMOMMOM-0000_0_00M--00000MMoM0-00-M000000000-0M000000-MOM-OOOM00000000-M0M00MM00000000MM00MOOOOMMiOMOM0_0_000000MOM-00000000-0MMO_M_ __ J- _ ___________________i______ Director of Finance of the State of California i ~-C-o~middot(jjtf)middot~~--(jf~ppif~~b-i~middot)~-----middotmiddot-middot--------middot-----middot--------------middot-------middotmiddotmiddotmiddot---middot-middot-----middotmiddotmiddot---middot---middot-------middot----middot--middotmiddot--middot--Lmiddotmiddot-middot-----middot--middot-middot---middotmiddotmiddot----middotmiddot-------L-----middot------middot-middot--------middot-i
I i jl-----middot-------middot-----middot-----middot----------middot--middot--middot------middot-----middot---------middot------------middot--middot------_____________________________________________-------------middot---middot-middot-middot-middot-middot--middot--middot--middot----middot-----middot----middot-middot_________________________s-_middot-----middot-middot--middot------middot---middot-li Executive Secretary of the Pooled Money Investment Board Date I I i i
i ~- l i
L---------middot----middot---middot---------middot-------------middot-----middot---middot--middot-----------middot--------middot-middot---------------------middot-middot---------middot---- ------middot--middot------middot-middot-middot---middot-middotmiddotmiddot---middot---middot-middot-------middot------middot-----middot-middot--middot----t--middot---middot---------middot------middot-middot-jmiddot-ISTRUCTIONS TO CONTROLLER
( J middotv Proceeds from this loan should be invested in the Surplus Money Investment Fund SMJF earnings and bond proceeds will pay interest ~ The General Fund will pay interest Do not invest loan proceeds in SMIF
Commercial Paper will be used to repay this loan Yes V No
Reserve $_______________ of the proceeds from this loan for Cost of Issuance PM IA interest and administrative costs
_~~~~~~0----
Rev (61 0)
MIA Loan Request for Revenue Bond Programs l Ol OObG
ashflow Statement
(~partment Name Corrections and Rehabilitation Project Name Stanislaus County Juvenile Commitment Center
~ Year 20112012 Est Project Completion Date 2152013
Date 5132011 Est Phase Completion Date NA Acquisition
6~826000 5132011
6212011 Work Draw
Loan Amount (1l __$ _____- Prelim Plans
Funds Disbursed to Date $ - Per SCO Report dated 0000 2152013 Constr (Zl
___---~---
Jame of Bond Program Lease Revenue-Stanislaus County Juvenile Commitment Ctr ___NA_____ Equip
_N_A_____ Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and the Next 12 Cumulative (APWCE
Year 0 n Actual Disbursements Months Disbursements D-B)
Prior yrsmiddot
1
2
3
4
0 5
6
7
8
9
10
11
12
16 11
17 Oct-11
18 Nov-11
19 Dec-11
20 Jan-12
21 Feb-12
22
(J 23
24
14
15
545 00000 552 500
818 00000 1 370 500 c 1 091 00000
1 091 00000
c
1 091 00000
1091 00000
c
1 091 00000
7 500
7 500
c
c
c
c
(1) Rounded up to nearest thousand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
0
_~~To_ ~- ~ 1shyl ~ 1gt1 0
0 OEPARTMENT OF EOMUNO G BROWN JRbullbull GOVERNOR
~-FDotF I N A N C E ----S-TA-TE-C~A-P-ITC-1-bull~R-o-o-M-~~45~~S-AC_RA_M_EN_T_o-C-A-bull-9-5~B~1--4-4~9-i=-B-8~www~~o-c~~CA-llc~v CFFICE CIF THE DIRECTCIR
May 12 2011
Mr Bill Dowell Administrator Pooled Money Investment Board 915 Capitol Mall Room 106 Sacramento CA 95814
Dear Mr Dowell
AB 55 Loan Application for County of Stanislaus Juvenile Commitment Center Project
The following detennination is respectfully submitted pursuant to the Pooled Money Investment Board Pooled Money Investment Account Loan Policy adopted October 20 2010
This loan request is for the states share of costs for the County of Stanislaus Juvenile Commitment Center Project one of many youthful offender rehabilitative facility projects included in the SB 81 Youthful Offender Rehabilitative Facilities Construction Financing Program middotIn this program the county rather than a state agency manages the construction contract and process Furthermore the county is responsible for a portion of the project costs including any project cost overruns Thus at this stage of the project it is fiscally prudent to fund the construction costsmiddot using an interim loan rather than to issue bonds until final costs are known and we are confident the county will have fully funded its share
Based on the factors noted above the Director of Finance has determined the project is not appropriate for upfront bond funding and therefore interim financing is necessary to fund the -construction phase of the project If you have any questions or need additional information regarding this matter please call Chris Lief Principal Program Budget Analyst at (916) 445-9694
ANAJMATOSANTOS Director By
1~ (-gt2--shyMICHAEL COHEN Chief Deputy Director
icc FINN ROGERS LIEF BENSON CF (3) SUSPENSE FILE 0
State of California- State Treasurers Office LOAN REQUEST New Loan fZ1 Renewal 0
LOAN REQUEST for Pooled Money Investment Account Loans to State Bond Programs II ~o~~LNO~LY ( 0 OOltoC
~ PART L LOAN REQUESTBOND PROGRAM INFORMATION f~ (Completed by Requesting Department) bull artment I Total Project Appropriation Amount Requested -corrections and Rehabilitation middot i $30000000000 I $682600000 middot----middot~---------middot--middotmiddot--middot-middot------middot----middot--middot----------------------middot------------middot--lmiddot------middotmiddot----middot-----middot-middot-middot-middot-l---middot-middot--middot-middot-----middot------- shyAppropriation(s) to be Funded ~71B -~ Statutory Authority I Date Funds Needed SB 81 Ch 17507 (as amended 8rpoundG 1828 Ch 729Mf) i Welfare and Institutions Code Chapter I 6182011 5225-801-0660 6101753 M3 l 15 Article 3 Sectio~970 1~11 I
_-Q~-~-X~~~fl9ffeE~~ Reh__Qilit~_i~~EiiEJ~~hasc I_ middot ~t1fgtDepartment Contact Titl~---middotmiddot--middot---middotmiddot------middot---middot----middot-middot-middot-middotmiddotmiddotmiddotmiddot-middotmiddot-middot----middotmiddotmiddot-middotrmiddotPho~middot~~--------
i~~~~ffi(~O~~~~~-~-T fB d J General Obligation ReVeiiue
-N~~~~orb~middotmiddot~dAsp-elfAg~icI~~rg____0_~_21~-eJf-Jgi9_ainK--middotmiddot middotmiddot-~~~~~s-PPs~~~~tilmiddot~middotmiddotmiddotr~o-t~middotmiddot----131Bmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddot--middot--middotmiddotmiddot-middotmiddotmiddotmiddot-----middotmiddot-middot--middot-stanislaus County Juvenile ~ommitment Center
Appropriation to be Used D G C Section 167246 Project Contact (SPWB Only) I Phone middot~middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot---middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot
for STO Admin Costs D Other__ Darlene Maston I 916-255-2237 state con tr~ji~~middot~middot-middotorfi~middot~middotmiddotp~~imiddottc-middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddot-shy middot-middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddot middotmiddotmiddothasemiddotmiddotrjgtmiddotJ-~middotimiddotmiddotcseTeZimiddotmiddotaIcmiddotmiddotitmiddotmiddotmiddot~iJmiddotiJiy)~middotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotpoundsimiddotj~~middotCiTe~i-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddot
0 A 0 PP 0 WD fZI C 0 E 0 D-B Completion Date 2152013
Use of Loan Proceeds 1 Will any of the loan proceeds be used (Please check ifanswer is yes to any ofthe following) 0 To make advances to local governments I 0 To fund an escrow or condenmation deposit fund 0 To pay vendors directly 0 To finance loans to persons other than governmental entities fZI To reimburse local government for vendor payments 0 To make advances to State Architect Revolving Fund D In a trade or business carried on by a nongovernmental person 1 If Yes specify DGS-PMB Project No (J0 To make advances to other state funds If yes specify
--A Will any part of the debt service on the bonds tl1at secure this loan be either secured by or paid from property used in a private business or from federal funds Yes 0 No fZI (For Revenue Bonds only)
3 For departments using these funds to make grants or loans Are repayments expected Yes 0 No O IfYES the repayments will be used to 0 pay debt service or 0 to fund more projects
ADMINISTRATIVE AUTHORIZATION FOR FUTURE BOND SALES LOAN REQUESTS AND COMMERCIAL PAPER NOTES
-----~i~-- fRol~I~~~~-----G~--~~~=~~=====Famp~=t=l==gF~
(
PART II RECOMMENDATION AND CONDITIONS (Completed by Public Finance Division of the State Treasurers Office)
0 This application is reconnnended for approval subject to the following conditions D First$ to be used to payreduce existing PMIB loan _____ D Reduce amount of loan to $ _______
Conditions (ifltpplicable)
_O Ii~__ppJLc~ti~~i~ ~~~Ee~lt1~~9~~fo~E~~JQt~l1l~J~g_fi1~~1g_~RiY~~9~-middotmiddot-middotmiddot--middotmiddotmiddot-middotmiddotmiddot--middot-middot-middotmiddotmiddotmiddotmiddot-middot----~---middot-middot-------middotmiddotmiddot--middotmiddot-middot-----middotmiddotmiddotmiddot-middot---middot-middot-middot-middotmiddot--middotmiddotmiddotmiddotmiddot-signature Director Public Finance Division j Date
l 1 i
PARTIII RECOMMENDATION (Completed by Pooled Money Investment Board Executive Secretary)
-middot~is request is recommended for Oapproval 0 rejection 0 modification ____pproved loan amount Loan to be made no sooner than _________ Loan is due 364 days (or the next preceding business day if the due date falls on a state holiday a Saturday or a Sunday) from the date the loan is funded
middot-s-gra~re~middot-Ex~-c-u-iT~e-semiddot~~eiarY----middot-middot-----middot-----middot--middot-middot----middotmiddot-middotmiddot-middot---------middot--middot----middot-middot----middot-middotmiddot-middotmiddot-middot------middot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddotmiddot------middot-middotmiddoto-aimiddot--middotmiddot-middotmiddotmiddot-middotmiddotmiddot-------middotmiddotmiddot-middotmiddot--middot-----middot----middotmiddotmiddotmiddot--middot-middot-middotmiddot
____
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
lo 006b _I
----middot-middot-middot-middot-~--middot1
r agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and 1----__ Pooled Money Investment Board (the Board) lends funds as specified below
Total project appropriation $30000000000 Proposed Funding Date 6182011
Loan Amount $682600000 At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state hoi iday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following
s~~~~r~~~ntl_~_~o --middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddot-middot---middot-middotmiddotmiddotmiddotmiddot-middot-middot-middot---middotmiddot-middot-middot-middotmiddotmiddotmiddot~~a~--middot--middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middot---middot-middot-middotmiddot-----middotmiddot-middotmiddot-middotmiddot---middot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot---middot--middot---middotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddot- middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot---middot~ i SB 81 Ch 17507 (as amended 8yen AIHI~middoth-7i91W) 5225-801-06606101753
1_1~pound~~-X~Il~~~IQ~I~~-~E_~p~_~y~_l~lti~i~~-~--~-tJgt~----middotmiddotmiddotmiddotmiddot-middot--middotmiddotmiddot-middot--middotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddot----middotmiddotmiddot-middotmiddotmiddot-middotmiddot--middot---middotmiddotmiddotmiddot--middotmiddot-middotmiddot-middot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot ----middot---jADMINISTRATIVE AUTHORIZATION
_ll_~_ltgt~--~-~C~-()_mm_~~pound~P~P~1bullfPP_lllI21E~2ll~~C-~Ctl_~lhQ~e~~Y~~iltgtSltgtf~iiSt~~Y~i_~ie~l~ol_lgt~~~_ _____________________ Adnrinistrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial
Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest fimiddotom the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan lfthe loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan middot
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds ofBonds or the proceeds of a new loan Payment from any other source is subject to appropriation
(~the State Legislatu_re
~lAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~PPI~CgtP~aisgt~~iJ~)_~_[ltE ~~hP~TP_~~~_---middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middot----middot-------middotmiddotmiddotmiddotmiddotmiddot-------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middot----middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddot middotmiddotmiddot--middotmiddot---middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddot---middot--middotmiddot---------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot i State Agency Name
jJ~P~r_lfl _lt_~E~~poundi~l~~l~_~~~~iol-----middot--middotmiddot--middotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddot--middot-- middotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddot--middot----- middotmiddotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddot----middot-middotmiddot--middot---middotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddot-middot--- middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot----middotmiddotmiddot--middotmiddotmiddot-- _
--T~=I ~~~~~~-i-~~=~~-~=---~-=cr~~__~~~~~~-~-=--middot~~-~--- middot-middotmiddotmiddotmiddot-middot-middoti -~-iAL 1 POOLED MONEY INVESTMENT BO i
iThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of
and the vote was as follows i
i_~_~-middot~-~~-~~~~-~=~~~~~ ____middotmiddot_=----~-~~-=~-~~middotmiddot~~~~sect-~~middot==-=~~-~middot~~~~middot~~=middotmiddot~middotmiddotmiddotmiddot~~=--~-==middot~~~-~-~~I~middot~middot~-middot~~~~Y~~~~middotmiddot~~-~~~~[middot~-~~~B~~~~=Ji Treasurer of the State of California I 1 l~MoHOoHHOHoH-gtHoooobull-bullbull-bullbullbullbullbull---middot-middot--bullbullbull-bullbull---middot-middotbull-MoOHHgtMHObullobulloo-bullbull-bullbull-bull-bullbull---bullbull--H--0-----middot-middotbull--middotmiddot-bullbullbullbullbullH~__-bullbullbullbull-bullbull+bullbull-HOoooOHooHooHoHooOHMo-oMo-oOOoO-Moooooo Moool
Controller of the State of California j j ji _MOOMOMOOMMO MOMM-__MMMMMOOMO---middot--middot--------middot--middotmiddot middotmiddotmiddot-middotmiddotmiddot-middotbullbullMMMOOMMO-MOOMMM _00-00Mbull-o0M_00000MOM-MMMMooMOMMOM-0000_0_00M--00000MMoM0-00-M000000000-0M000000-MOM-OOOM00000000-M0M00MM00000000MM00MOOOOMMiOMOM0_0_000000MOM-00000000-0MMO_M_ __ J- _ ___________________i______ Director of Finance of the State of California i ~-C-o~middot(jjtf)middot~~--(jf~ppif~~b-i~middot)~-----middotmiddot-middot--------middot-----middot--------------middot-------middotmiddotmiddotmiddot---middot-middot-----middotmiddotmiddot---middot---middot-------middot----middot--middotmiddot--middot--Lmiddotmiddot-middot-----middot--middot-middot---middotmiddotmiddot----middotmiddot-------L-----middot------middot-middot--------middot-i
I i jl-----middot-------middot-----middot-----middot----------middot--middot--middot------middot-----middot---------middot------------middot--middot------_____________________________________________-------------middot---middot-middot-middot-middot-middot--middot--middot--middot----middot-----middot----middot-middot_________________________s-_middot-----middot-middot--middot------middot---middot-li Executive Secretary of the Pooled Money Investment Board Date I I i i
i ~- l i
L---------middot----middot---middot---------middot-------------middot-----middot---middot--middot-----------middot--------middot-middot---------------------middot-middot---------middot---- ------middot--middot------middot-middot-middot---middot-middotmiddotmiddot---middot---middot-middot-------middot------middot-----middot-middot--middot----t--middot---middot---------middot------middot-middot-jmiddot-ISTRUCTIONS TO CONTROLLER
( J middotv Proceeds from this loan should be invested in the Surplus Money Investment Fund SMJF earnings and bond proceeds will pay interest ~ The General Fund will pay interest Do not invest loan proceeds in SMIF
Commercial Paper will be used to repay this loan Yes V No
Reserve $_______________ of the proceeds from this loan for Cost of Issuance PM IA interest and administrative costs
_~~~~~~0----
Rev (61 0)
MIA Loan Request for Revenue Bond Programs l Ol OObG
ashflow Statement
(~partment Name Corrections and Rehabilitation Project Name Stanislaus County Juvenile Commitment Center
~ Year 20112012 Est Project Completion Date 2152013
Date 5132011 Est Phase Completion Date NA Acquisition
6~826000 5132011
6212011 Work Draw
Loan Amount (1l __$ _____- Prelim Plans
Funds Disbursed to Date $ - Per SCO Report dated 0000 2152013 Constr (Zl
___---~---
Jame of Bond Program Lease Revenue-Stanislaus County Juvenile Commitment Ctr ___NA_____ Equip
_N_A_____ Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and the Next 12 Cumulative (APWCE
Year 0 n Actual Disbursements Months Disbursements D-B)
Prior yrsmiddot
1
2
3
4
0 5
6
7
8
9
10
11
12
16 11
17 Oct-11
18 Nov-11
19 Dec-11
20 Jan-12
21 Feb-12
22
(J 23
24
14
15
545 00000 552 500
818 00000 1 370 500 c 1 091 00000
1 091 00000
c
1 091 00000
1091 00000
c
1 091 00000
7 500
7 500
c
c
c
c
(1) Rounded up to nearest thousand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
0
_~~To_ ~- ~ 1shyl ~ 1gt1 0
0 OEPARTMENT OF EOMUNO G BROWN JRbullbull GOVERNOR
~-FDotF I N A N C E ----S-TA-TE-C~A-P-ITC-1-bull~R-o-o-M-~~45~~S-AC_RA_M_EN_T_o-C-A-bull-9-5~B~1--4-4~9-i=-B-8~www~~o-c~~CA-llc~v CFFICE CIF THE DIRECTCIR
May 12 2011
Mr Bill Dowell Administrator Pooled Money Investment Board 915 Capitol Mall Room 106 Sacramento CA 95814
Dear Mr Dowell
AB 55 Loan Application for County of Stanislaus Juvenile Commitment Center Project
The following detennination is respectfully submitted pursuant to the Pooled Money Investment Board Pooled Money Investment Account Loan Policy adopted October 20 2010
This loan request is for the states share of costs for the County of Stanislaus Juvenile Commitment Center Project one of many youthful offender rehabilitative facility projects included in the SB 81 Youthful Offender Rehabilitative Facilities Construction Financing Program middotIn this program the county rather than a state agency manages the construction contract and process Furthermore the county is responsible for a portion of the project costs including any project cost overruns Thus at this stage of the project it is fiscally prudent to fund the construction costsmiddot using an interim loan rather than to issue bonds until final costs are known and we are confident the county will have fully funded its share
Based on the factors noted above the Director of Finance has determined the project is not appropriate for upfront bond funding and therefore interim financing is necessary to fund the -construction phase of the project If you have any questions or need additional information regarding this matter please call Chris Lief Principal Program Budget Analyst at (916) 445-9694
ANAJMATOSANTOS Director By
1~ (-gt2--shyMICHAEL COHEN Chief Deputy Director
icc FINN ROGERS LIEF BENSON CF (3) SUSPENSE FILE 0
____
State of California- State Treasurers Office LOAN AGREEMENT
PART IV LOAN AGREEMENT for Pooled Money Investment Account Loans to State Bond Programs
lo 006b _I
----middot-middot-middot-middot-~--middot1
r agreement is entered into by and between the undersigned state agency and the Pooled Money Investment Board The state agency borrows and 1----__ Pooled Money Investment Board (the Board) lends funds as specified below
Total project appropriation $30000000000 Proposed Funding Date 6182011
Loan Amount $682600000 At the discretion of the Board and upon notice to the state agency this loan may be wholly or partially repaid using unexpended loan proceeds at any time prior to the date the loan is due Repayment of the loan principal shall be due 364 days (or the next preceding business day if the due date falls on a state hoi iday a Saturday or a Sunday) from the date the loan is funded The interest rate shall be the last available daily interest rate of return earned by the Pooled Money Investment Account at the time the loan is funded The interest shall be paid at the time the principal is repaid The proceeds of the loan are to be used only for the purposes authorized for use of the proceeds of the sale of bonds (Bonds) authorized by the following
s~~~~r~~~ntl_~_~o --middotmiddotmiddot---middot-middotmiddotmiddot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddot-middot---middot-middotmiddotmiddotmiddotmiddot-middot-middot-middot---middotmiddot-middot-middot-middotmiddotmiddotmiddot~~a~--middot--middotmiddotmiddotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddot--middotmiddot-middotmiddotmiddotmiddotmiddotmiddot-middot---middot-middot-middotmiddot-----middotmiddot-middotmiddot-middotmiddot---middot-middot-middot----middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot---middot--middot---middotmiddotmiddot-middotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddot- middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot---middot~ i SB 81 Ch 17507 (as amended 8yen AIHI~middoth-7i91W) 5225-801-06606101753
1_1~pound~~-X~Il~~~IQ~I~~-~E_~p~_~y~_l~lti~i~~-~--~-tJgt~----middotmiddotmiddotmiddotmiddot-middot--middotmiddotmiddot-middot--middotmiddotmiddotmiddot-middotmiddotmiddot--middot-middotmiddotmiddotmiddot-middotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middot-middotmiddot----middotmiddotmiddot-middotmiddotmiddot-middotmiddot--middot---middotmiddotmiddotmiddot--middotmiddot-middotmiddot-middot-middot-middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddot ----middot---jADMINISTRATIVE AUTHORIZATION
_ll_~_ltgt~--~-~C~-()_mm_~~pound~P~P~1bullfPP_lllI21E~2ll~~C-~Ctl_~lhQ~e~~Y~~iltgtSltgtf~iiSt~~Y~i_~ie~l~ol_lgt~~~_ _____________________ Adnrinistrative Entity I ResolutionOther Date
The state agency consents to have the proceeds of the sale of these Bonds or Commercial Paper used to repay the loan principal to the Pooled Money Investment Account AND where the Bond Act permits the state agency consents to have the proceeds of the sale of these Bonds or Commercial
Paper used to repay interest For loans to programs where the Bond sale proceeds may be used to pay interest fimiddotom the time the loan is funded until the loan proceeds are expended by the State agency the loan proceeds shall be invested in the Surplus Money Investment Fund and earnings on this investment shall be used to pay interest on the loan lfthe loan becomes due before the Bonds to repay this loan are sold the state agency shall agree to a new loan to repay the principal and interest of this loan middot
For loans other than loans authorized in connection with voter-approved debt - Repayment of principal and interest on this loan is a special limited obligation payable only from the proceeds ofBonds or the proceeds of a new loan Payment from any other source is subject to appropriation
(~the State Legislatu_re
~lAN RECIPIENT SIGNATURES (The State Agency Director attests by the signature below that this loan request and the agencys use of the funds complies with all the terms conditions and requirements of the subject Bond Act or bond program) The State Agency agrees to pay administrative fees in connection with this loan from any
~PPI~CgtP~aisgt~~iJ~)_~_[ltE ~~hP~TP_~~~_---middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middot----middot-------middotmiddotmiddotmiddotmiddotmiddot-------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot----middot----middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddot-middotmiddotmiddot middotmiddotmiddot--middotmiddot---middotmiddotmiddotmiddotmiddotmiddot-middotmiddotmiddot---middotmiddotmiddotmiddot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddot--middot-middotmiddot--middot-middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddotmiddot--middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddot---middot--middotmiddot---------middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot i State Agency Name
jJ~P~r_lfl _lt_~E~~poundi~l~~l~_~~~~iol-----middot--middotmiddot--middotmiddotmiddot--middotmiddotmiddot--middotmiddotmiddotmiddot--middot-- middotmiddotmiddot--middotmiddotmiddot-middotmiddotmiddotmiddotmiddot-middotmiddotmiddot--middotmiddotmiddotmiddot--middot----- middotmiddotmiddot--middotmiddot--middotmiddotmiddotmiddotmiddotmiddot-middotmiddot-middotmiddotmiddot----middot-middotmiddot--middot---middotmiddotmiddotmiddotmiddotmiddot-middot-middotmiddotmiddotmiddot-middot--- middotmiddotmiddotmiddotmiddotmiddotmiddotmiddotmiddot-middotmiddot----middotmiddotmiddot--middotmiddotmiddot-- _
--T~=I ~~~~~~-i-~~=~~-~=---~-=cr~~__~~~~~~-~-=--middot~~-~--- middot-middotmiddotmiddotmiddot-middot-middoti -~-iAL 1 POOLED MONEY INVESTMENT BO i
iThe Pooled Money Investment Board approved this loan pursuant to Government Code Section 16312 in the amount of
and the vote was as follows i
i_~_~-middot~-~~-~~~~-~=~~~~~ ____middotmiddot_=----~-~~-=~-~~middotmiddot~~~~sect-~~middot==-=~~-~middot~~~~middot~~=middotmiddot~middotmiddotmiddotmiddot~~=--~-==middot~~~-~-~~I~middot~middot~-middot~~~~Y~~~~middotmiddot~~-~~~~[middot~-~~~B~~~~=Ji Treasurer of the State of California I 1 l~MoHOoHHOHoH-gtHoooobull-bullbull-bullbullbullbullbull---middot-middot--bullbullbull-bullbull---middot-middotbull-MoOHHgtMHObullobulloo-bullbull-bullbull-bull-bullbull---bullbull--H--0-----middot-middotbull--middotmiddot-bullbullbullbullbullH~__-bullbullbullbull-bullbull+bullbull-HOoooOHooHooHoHooOHMo-oMo-oOOoO-Moooooo Moool
Controller of the State of California j j ji _MOOMOMOOMMO MOMM-__MMMMMOOMO---middot--middot--------middot--middotmiddot middotmiddotmiddot-middotmiddotmiddot-middotbullbullMMMOOMMO-MOOMMM _00-00Mbull-o0M_00000MOM-MMMMooMOMMOM-0000_0_00M--00000MMoM0-00-M000000000-0M000000-MOM-OOOM00000000-M0M00MM00000000MM00MOOOOMMiOMOM0_0_000000MOM-00000000-0MMO_M_ __ J- _ ___________________i______ Director of Finance of the State of California i ~-C-o~middot(jjtf)middot~~--(jf~ppif~~b-i~middot)~-----middotmiddot-middot--------middot-----middot--------------middot-------middotmiddotmiddotmiddot---middot-middot-----middotmiddotmiddot---middot---middot-------middot----middot--middotmiddot--middot--Lmiddotmiddot-middot-----middot--middot-middot---middotmiddotmiddot----middotmiddot-------L-----middot------middot-middot--------middot-i
I i jl-----middot-------middot-----middot-----middot----------middot--middot--middot------middot-----middot---------middot------------middot--middot------_____________________________________________-------------middot---middot-middot-middot-middot-middot--middot--middot--middot----middot-----middot----middot-middot_________________________s-_middot-----middot-middot--middot------middot---middot-li Executive Secretary of the Pooled Money Investment Board Date I I i i
i ~- l i
L---------middot----middot---middot---------middot-------------middot-----middot---middot--middot-----------middot--------middot-middot---------------------middot-middot---------middot---- ------middot--middot------middot-middot-middot---middot-middotmiddotmiddot---middot---middot-middot-------middot------middot-----middot-middot--middot----t--middot---middot---------middot------middot-middot-jmiddot-ISTRUCTIONS TO CONTROLLER
( J middotv Proceeds from this loan should be invested in the Surplus Money Investment Fund SMJF earnings and bond proceeds will pay interest ~ The General Fund will pay interest Do not invest loan proceeds in SMIF
Commercial Paper will be used to repay this loan Yes V No
Reserve $_______________ of the proceeds from this loan for Cost of Issuance PM IA interest and administrative costs
_~~~~~~0----
Rev (61 0)
MIA Loan Request for Revenue Bond Programs l Ol OObG
ashflow Statement
(~partment Name Corrections and Rehabilitation Project Name Stanislaus County Juvenile Commitment Center
~ Year 20112012 Est Project Completion Date 2152013
Date 5132011 Est Phase Completion Date NA Acquisition
6~826000 5132011
6212011 Work Draw
Loan Amount (1l __$ _____- Prelim Plans
Funds Disbursed to Date $ - Per SCO Report dated 0000 2152013 Constr (Zl
___---~---
Jame of Bond Program Lease Revenue-Stanislaus County Juvenile Commitment Ctr ___NA_____ Equip
_N_A_____ Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and the Next 12 Cumulative (APWCE
Year 0 n Actual Disbursements Months Disbursements D-B)
Prior yrsmiddot
1
2
3
4
0 5
6
7
8
9
10
11
12
16 11
17 Oct-11
18 Nov-11
19 Dec-11
20 Jan-12
21 Feb-12
22
(J 23
24
14
15
545 00000 552 500
818 00000 1 370 500 c 1 091 00000
1 091 00000
c
1 091 00000
1091 00000
c
1 091 00000
7 500
7 500
c
c
c
c
(1) Rounded up to nearest thousand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
0
_~~To_ ~- ~ 1shyl ~ 1gt1 0
0 OEPARTMENT OF EOMUNO G BROWN JRbullbull GOVERNOR
~-FDotF I N A N C E ----S-TA-TE-C~A-P-ITC-1-bull~R-o-o-M-~~45~~S-AC_RA_M_EN_T_o-C-A-bull-9-5~B~1--4-4~9-i=-B-8~www~~o-c~~CA-llc~v CFFICE CIF THE DIRECTCIR
May 12 2011
Mr Bill Dowell Administrator Pooled Money Investment Board 915 Capitol Mall Room 106 Sacramento CA 95814
Dear Mr Dowell
AB 55 Loan Application for County of Stanislaus Juvenile Commitment Center Project
The following detennination is respectfully submitted pursuant to the Pooled Money Investment Board Pooled Money Investment Account Loan Policy adopted October 20 2010
This loan request is for the states share of costs for the County of Stanislaus Juvenile Commitment Center Project one of many youthful offender rehabilitative facility projects included in the SB 81 Youthful Offender Rehabilitative Facilities Construction Financing Program middotIn this program the county rather than a state agency manages the construction contract and process Furthermore the county is responsible for a portion of the project costs including any project cost overruns Thus at this stage of the project it is fiscally prudent to fund the construction costsmiddot using an interim loan rather than to issue bonds until final costs are known and we are confident the county will have fully funded its share
Based on the factors noted above the Director of Finance has determined the project is not appropriate for upfront bond funding and therefore interim financing is necessary to fund the -construction phase of the project If you have any questions or need additional information regarding this matter please call Chris Lief Principal Program Budget Analyst at (916) 445-9694
ANAJMATOSANTOS Director By
1~ (-gt2--shyMICHAEL COHEN Chief Deputy Director
icc FINN ROGERS LIEF BENSON CF (3) SUSPENSE FILE 0
Rev (61 0)
MIA Loan Request for Revenue Bond Programs l Ol OObG
ashflow Statement
(~partment Name Corrections and Rehabilitation Project Name Stanislaus County Juvenile Commitment Center
~ Year 20112012 Est Project Completion Date 2152013
Date 5132011 Est Phase Completion Date NA Acquisition
6~826000 5132011
6212011 Work Draw
Loan Amount (1l __$ _____- Prelim Plans
Funds Disbursed to Date $ - Per SCO Report dated 0000 2152013 Constr (Zl
___---~---
Jame of Bond Program Lease Revenue-Stanislaus County Juvenile Commitment Ctr ___NA_____ Equip
_N_A_____ Design-Build
(1) (2) (3) (4) (5) (6)
Phase of
Projections for Project
Month and the Next 12 Cumulative (APWCE
Year 0 n Actual Disbursements Months Disbursements D-B)
Prior yrsmiddot
1
2
3
4
0 5
6
7
8
9
10
11
12
16 11
17 Oct-11
18 Nov-11
19 Dec-11
20 Jan-12
21 Feb-12
22
(J 23
24
14
15
545 00000 552 500
818 00000 1 370 500 c 1 091 00000
1 091 00000
c
1 091 00000
1091 00000
c
1 091 00000
7 500
7 500
c
c
c
c
(1) Rounded up to nearest thousand
(2) Any project requesting construction funds for the first time must have a completed due diligence memo submitted with loan application
(3) Projected Admin includes estimated fees from STO SCO and DOF
0
_~~To_ ~- ~ 1shyl ~ 1gt1 0
0 OEPARTMENT OF EOMUNO G BROWN JRbullbull GOVERNOR
~-FDotF I N A N C E ----S-TA-TE-C~A-P-ITC-1-bull~R-o-o-M-~~45~~S-AC_RA_M_EN_T_o-C-A-bull-9-5~B~1--4-4~9-i=-B-8~www~~o-c~~CA-llc~v CFFICE CIF THE DIRECTCIR
May 12 2011
Mr Bill Dowell Administrator Pooled Money Investment Board 915 Capitol Mall Room 106 Sacramento CA 95814
Dear Mr Dowell
AB 55 Loan Application for County of Stanislaus Juvenile Commitment Center Project
The following detennination is respectfully submitted pursuant to the Pooled Money Investment Board Pooled Money Investment Account Loan Policy adopted October 20 2010
This loan request is for the states share of costs for the County of Stanislaus Juvenile Commitment Center Project one of many youthful offender rehabilitative facility projects included in the SB 81 Youthful Offender Rehabilitative Facilities Construction Financing Program middotIn this program the county rather than a state agency manages the construction contract and process Furthermore the county is responsible for a portion of the project costs including any project cost overruns Thus at this stage of the project it is fiscally prudent to fund the construction costsmiddot using an interim loan rather than to issue bonds until final costs are known and we are confident the county will have fully funded its share
Based on the factors noted above the Director of Finance has determined the project is not appropriate for upfront bond funding and therefore interim financing is necessary to fund the -construction phase of the project If you have any questions or need additional information regarding this matter please call Chris Lief Principal Program Budget Analyst at (916) 445-9694
ANAJMATOSANTOS Director By
1~ (-gt2--shyMICHAEL COHEN Chief Deputy Director
icc FINN ROGERS LIEF BENSON CF (3) SUSPENSE FILE 0
0
_~~To_ ~- ~ 1shyl ~ 1gt1 0
0 OEPARTMENT OF EOMUNO G BROWN JRbullbull GOVERNOR
~-FDotF I N A N C E ----S-TA-TE-C~A-P-ITC-1-bull~R-o-o-M-~~45~~S-AC_RA_M_EN_T_o-C-A-bull-9-5~B~1--4-4~9-i=-B-8~www~~o-c~~CA-llc~v CFFICE CIF THE DIRECTCIR
May 12 2011
Mr Bill Dowell Administrator Pooled Money Investment Board 915 Capitol Mall Room 106 Sacramento CA 95814
Dear Mr Dowell
AB 55 Loan Application for County of Stanislaus Juvenile Commitment Center Project
The following detennination is respectfully submitted pursuant to the Pooled Money Investment Board Pooled Money Investment Account Loan Policy adopted October 20 2010
This loan request is for the states share of costs for the County of Stanislaus Juvenile Commitment Center Project one of many youthful offender rehabilitative facility projects included in the SB 81 Youthful Offender Rehabilitative Facilities Construction Financing Program middotIn this program the county rather than a state agency manages the construction contract and process Furthermore the county is responsible for a portion of the project costs including any project cost overruns Thus at this stage of the project it is fiscally prudent to fund the construction costsmiddot using an interim loan rather than to issue bonds until final costs are known and we are confident the county will have fully funded its share
Based on the factors noted above the Director of Finance has determined the project is not appropriate for upfront bond funding and therefore interim financing is necessary to fund the -construction phase of the project If you have any questions or need additional information regarding this matter please call Chris Lief Principal Program Budget Analyst at (916) 445-9694
ANAJMATOSANTOS Director By
1~ (-gt2--shyMICHAEL COHEN Chief Deputy Director
icc FINN ROGERS LIEF BENSON CF (3) SUSPENSE FILE 0