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HomeMy WebLinkAboutAD 96-1 Annual Report No. 14 FY 2009-10 ANNUAL REPORT NO. 14 PROVIDING CONTINUING DISCLOSURE FOR THE FISCAL YEAR ENDING JUNE 30, 2010 ON $3,685,000 PRINCIPAL AMOUNT OF CITY OF BAKERSFIELD, CALIFORNIA ASSESSMENT DISTRICT NO. 96-1 (BRIMHALL II/SPRING MEADOWS/FAIRWAYS/CAMPUS PARK) LIMITED OBLIGATION IMPROVEMENT BONDS (Final Maturity September 2, 2017, CUSIP(I) No. 057510 PB9) PREPARED FOR THE FINANCE DEPARTMENT OF THE CITY OF BAKERSFIELD BY WILSON & ASSOCIATES 7600 NORTH INGRAM AVENUE, SUITE 202 FRESNO, CALIFORNIA 93711 ASSESSMENT ENGINEER FOR ASSESSMENT DISTRICT NO. 96-1S (559) 436-6644 OCTOBER 20,2010 (J) Copyright 2010, American Bankers Association. CDSIP data herein is provided by Standard and Poor's CDSIP Service Bureau, a division ofThe McGrawHilI Companies, Inc. This data is not intended to create a database and does not serve in any way as a substitute for the CDSIP services. The CDSIP number above is provided for information only. Neither the City of Bakersfield nor Wilson & Associates is responsible for the accuracy or completeness ofsuch n umber.ANNUAL REPORT NO. 14 PROVIDING CONTINUING DISCLOSURE FOR THE FISCAL YEAR ENDING JUNE 30, 2010 ON $3,685,000 PRINCIPAL AMOUNT OF CITY OF BAKERSFIELD, CALIFORNIA ASSESSMENT DISTRICT NO. 96-1 (BRIMHALL II/SPRING MEADOWS/FAIRWAYS/CAMPUS PARK) LIMITED OBLIGATION IMPROVEMENT BONDS TABLE OF CONTENTS DESCRIPTION PAGE INTRODUCTORY STATEMENT 1 ALL IMPROVEMENTS AUTHORIZED FOR AD 96-1 FINANCING HAVE BEEN COMPLETED AND ALL ELIGIBLE COST CLAIMS HAVE BEEN PAID 2 CONTINUING DISCLOSURE OF INFORMATION ON THE ISSUER, THE BONDS, AND THE ASSESSMENT DISTRICT FOR THE FISCAL YEAR ENDING JUNE 30, 2010 2 I. Summary and Current Status of Any Reported Significant Events or Any Prior Failure to Comply With Continuing Disclosure Certificate Covenants 2 II. Annual Report Dissemination Agent 3 III. Issuer's Audited Financial Statement for the Fiscal Year Ended June 30, 2010 3 IV. Response to Items "(a)" through "(g)" in Issuer's Continuing Disclosure Certificate "Section 4. Content ofIssuer's Annual Reports." 4 A. Principal amount of Bonds outstanding, including principal amount and years of maturity of Bonds, if any, called for redemption in advance of maturity 4 B. Balance in the Improvement, Redemption and Special Reserve Funds 5 C. Identification of and information on parcels with any delinquent assessment installments 5 D. A current statement of the status of completion or progress toward completion of the public improvements described on pages 20, 22 and 24 of the Official Statement for the Bonds, under the subheading "Proposed Improvements." 6 E. A current statement of the land-secured public financing information summarized on pages 14 and 15 of the Official Statement, under the subheading "THE BONDS -Priority of Lien." 6 29240oCD14TOC -i-8/4/10 DESCRIPTION PAGE F. A current statement of the parcel information set forth in Columns 1 through 3, inclusive, of Appendix E of the Official Statement, for both existing and future parcels. . 7 G. The audited financial statement of the Issuer for the preceding fiscal year prepared in accordance with generally accepted accounting practices. 10 V. Further information that the Issuer has determined may be necessary to make the specifically required statements herein, in the light of the circumstances under which they are made, not misleading. 10 MISCELLANEOUS 12 Report Appendices Appendix A Appendix B Appendix C Appendix D Appendix E Appendix F Appendix G Continuing Disclosure Certificate for AD 96-1 Issuer's Audited Financial Report for Fiscal Year Ended June 30, 2010 (To be filed under separate cover subsequent to the filing date for Annual Report No. 14) Copies of Pages 6 Through 14 of Annual Report No.7 and Copies of Appendix C of Annual Report No. 7 ("Letter dated October 15, 2003, to City of Bakersfield Department of Public Works, Transmitting the Current Acquisition Schedule and Describing the Current Status of Completion of the Public Improvements Financed by the Assessment District") (On file with the National Repositories as Appendix C of Annual Report No.8) List of Bonds Called in Advance of Maturity on September 2, 2001, by Year of Bond Maturity and Principal Amount Called in Each Maturity ($2,000,000.00 Total Principal Amount of Bonds Called) and List of Bonds Called in Advance of Maturity on September 2, 2004, by Year of Bond Maturity and Principal Amount Called in Each Maturity ($390,000.00 Total Principal Amount of Bonds Called) Note: Appendix D table provided by Issuer's Finance Department Current Assessment and Assessor's Value Data Current Debt Service Schedule for the Bonds Updated for the 2001 Bond Call and the 2004 Bond Call Note: Appendix F table provided by Issuer's Finance Department Listing of Parcels with Delinquent Assessment Installment(s) as ofJune 30, 2010 Note: Appendix G table prepared by the Assessment Engineer using data provided by Issuer's Finance Department 29240oCDI4TOC -ii-8/4/10 ANNUAL REPORT NO. 14 PROVIDING CONTINUING DISCLOSURE FOR THE FISCAL YEAR ENDING JUNE 30, 2010, ON $3,685,000 PRINCIPAL AMOUNT OF CITY OF BAKERSFIELD, CALIFORNIA, ASSESSMENT DISTRICT NO. 96-1 (BRIMHALL II/SPRING MEADOWS/FAIRWAYS/CAMPUS PARK) LIMITED OBLIGATION IMPROVEMENT BONDS INTRODUCTORY STATEMENT This Continuing Disclosure Annual Report No. 14 (the "Annual Report No. 14") has been prepared pursuant to the covenants set forth in the "Issuer's Continuing Disclosure Certificate, City of Bakersfield Assessment District No. 96-1 (Brimhall II/Spring Meadows/Fairways/Campus Park) Limited Obligation Improvement Bonds" dated December 23, 1996 (the "Continuing Disclosure Certificate"), the form of which was filed with the repositories identified by the Securities and Exchange Commission as "Nationally Recognized Municipal Securities Information Repositories" (the "National Repositories") as Appendix A of Continuing Disclosure Annual Report No. 1 (the "Annual Report No.1") for AD 96-1 (as defined below). The Continuing Disclosure Certificate is attached hereto as Appendix A and incorporated herein by reference to ensure that it is on file with the Municipal Securities Rulemaking Board (the "MSRB"). The Continuing Disclosure Certificate was executed and delivered by the City of Bakersfield, California (the "Issuer"), in connection with the issuance and sale by the Issuer of $3,685,000 aggregate principal amount of its City of Bakersfield Assessment District No. 96-1 (Brimhall IIISpring Meadows/Fairways/Campus Park), Limited Obligation Improvement Bonds (the "Bonds"), for Assessment District No. 96-1 (Brimhall II/Spring Meadows/Fairways/Campus Park) ("AD 96-1"). The Bonds were issued pursuant to the Improvement Bond Act of 1915, being Division 10 of the California Streets and Highways Code (the "1915 Act"), the Charter and Municipal Code of the Issuer, and Resolution No. 131-96 (the "Bond Resolution"), adopted by the City Council ofthe Issuer on November 20, 1996. This Annual Report No. 14 has been prepared for the Issuer's Finance Department by Edward J. Wilson, a Registered Civil Engineer certified by the State of California, doing business as Wilson & Associates, Fresno, California, the duly appointed Assessment Engineer for AD 96-1 (the "Assessment Engineer"). This Annual Report No. 14 has been prepared pursuant to the requirements of "Section 4. Content of Issuer's Annual Reports"of the Continuing Disclosure Certificate and contains the financial information and operating data relating to AD 96-1 and to the property in AD 96-1, which, except as otherwise noted herein, is effective as of the June 30, 2010, end of the Issuer's Fiscal Year 2009/2010 ("FY09/l0") to which this Annual Report No. 14 applies. 29240oCDl4Rpt -1-10119/10 ALL IMPROVEMENTS AUTHORIZED FOR AD 96-1 FINANCING HAVE BEEN COMPLETED AND ALL ELIGIBLE COST CLAIMS HAVE BEEN PAID As disclosed on page 13 in the last paragraph of Section IV.D of Continuing Disclosure Annual Report No.6 (the "Annual Report No.6"), and as also disclosed in the first paragraph on page 2 of Continuing Disclosure Annual Report No.7 (the "Annual Report No.7"), "... all of the AD 96-1 improvements authorized for acquisition and not removed from the scope of authorized acquisitions have been completed in conformance with the scope of work described in the Official Statement." Prior to the date Annual Report No.6 was prepared, payment requests for all of the improvements authorized for AD 96-1 acquisition and not removed from the scope of authorized acquisitions had been submitted to the Issuer and evaluated, and all eligible costs had been paid to the applicants. Descriptions of the work and acquisitions originally approved for AD 96-1 financing and as subsequently modified by the Issuer's City Council were provided in Appendix C of Continuing Disclosure Annual Report No.8 (the "Annual Report No.8") in the form of copies of pages 6 through 14 of Annual Report No.7 and copies of Appendix C of Annual Report No.7 ("Letter dated October 15, 2003, to City of Bakersfield Department of Public Works, Transmitting the Current Acquisition Schedule and Describing the Current Status of Completion of the Public Improvements Financed by the Assessment District"). Appendix C of Annual Report No.8 is referenced in Appendix C of this Annual Report No. 14. CONTINUING DISCLOSURE OF INFORMATION ON THE ISSUER, THE BONDS, AND THE ASSESSMENT DISTRICT FOR THE FISCAL YEAR ENDING JUNE 30,2010 1. Summary and Current Status of Any Reported Significant Events or Any Prior Failure to Comply With Continuing Disclosure Certificate Covenants A. Reference is made to Continuing Disclosure Certificate "Section 5. Issuer's Report of Significant Events" for a listing of significant events ("Listed Events") with respect to the Bonds, including its subsection (a)(iv): "bond calls, including bond calls resulting from prepaying of assessments." A subsection (a)(iv) Listed Event previously occurred and was reported in Continuing Disclosure Annual Report No.5 (the "Annual Report No.5"), on file with the National Repositories. Although the subsection (a)(iv) Listed Event reported in Annual Report No.5 occurred after the June 30, 2001 end of Issuer's Fiscal Year 2000/2001 to which Annual Report No.5 applied, that event was described in Annual Report No.5 in the interest of providing disclosure information on a timely basis and is summarized below: On September 2, 2001, Issuer called $2,000,000.00 principal amount of the Bonds in advance of maturity (the "2001 Bond Call"). Issuer gave notice of the 2001 Bond Call pursuant to the Bond Resolution. Funds for the 2001 Bond Call were obtained from the cancellation of certain of the Fairways Area improvements authorized for acquisition pursuant to the AD 96-1 proceedings and from other sources, without reducing the AD 96-1 funds designated for the acquisition of all remaining AD 96-1 improvements described at pages 20 through 25 of the Official Statement for the Bonds (the "Official Statement"). Reference is made to Section IV.D.3.b.iv at page 12 of Annual Report No. 7 for a description of the Fairways Area improvements that have been cancelled, to Section V of this Annual Report No. 14, which begins on page 10, for a description of 29240oCD14Rpt -2-10/19110 the sources of funds used to pay the total cost of the 2001 Bond Call, to Appendix D of this Annual Report No. 14 for a list of the Bonds, by year of maturity, called on September 2,2001, and to Appendix F of this Annual Report No. 14 for the current debt service schedule for the Bonds. B. According to the Issuer's Finance Department, a subsection (a)(iv) Listed Event previously occurred and was reported in Annual Report No.8, on file with the National Repositories. Although the subsection (a)(iv) Listed Event reported in Annual Report No.8 occurred after the June 30, 2004 end ofIssuer's Fiscal Year 2003/2004 to which Annual Report No.8 applied, that event was described in Annual Report No.8 in the interest of providing disclosure information on timely basis and is summarized below: On September 2, 2004, Issuer called $390,000.00 principal amount of the Bonds in advance of maturity (the "2004 Bond Call"). Issuer gave notice of the 2004 Bond Call pursuant to the Bond Resolution. Funds for the 2004 Bond Call were obtained from parcel assessment prepayments for which Issuer's Finance Department had recorded lien releases, from interest earned on AD 96-1 funds held by the Issuer, and from the Special Reserve Fund for the Bonds. Reference is made to Section V of this Annual Report No. 14, which begins on page 10, for a description of the sources of funds used to pay the total cost of the 2004 Bond Call, to Appendix D of this Annual Report No. 14 for a list of the Bonds, by year of maturity, called on September 2, 2004, and to Appendix F of this Annual Report No. 14 for the current debt service schedule for the Bonds. C. According to the Issuer's Finance Department, no significant events occurred with respect to the Bonds during the fiscal year ending June 30, 2010, or from June 30, 2010, to the date of this Annual Report No. 14, nor have there been any prior failures to comply with Continuing Disclosure Certificate covenants during that time. II. Annual Report Dissemination Agent Section 7 of the Continuing Disclosure Certificate named First Trust of California, National Association, as the "initial Dissemination Agent" to assist the Issuer in filing Annual Report No.1 with the National Repositories. However, the Issuer has not engaged that firm nor has the Issuer appointed or engaged a successor firm as its Dissemination Agent. The Issuer will act as the Dissemination Agent for the distribution of this Annual Report No. 14 to the MSRB. III. Issuer's Audited Financial Statement for the Fiscal Year Ended June 30, 2010 A. At the time this Annual Report No. 14 was prepared, the "City of Bakersfield Comprehensive Annual Financial Report for the Fiscal Year Ended June 30, 2010 (Audited)" had not been submitted to Issuer's City Council for approval. When approved by Issuer's City Council, Issuer's Audited Fiscal Year 2009/2010 Financial Report will be filed with the MSRB under separate cover. Issuer's Audited Fiscal Year 2009/2010 Financial Report, when so filed, is incorporated herein by reference as "Appendix B -Issuer's Audited Financial Report for Fiscal Year Ended June 30, 2010." That report is hereafter referred to as "Issuer's Audited Financial Report-FY091l0." 29240oCD14Rpt -3-10/19/10 B. THE ISSUER'S AUDITED FINANCIAL REPORT-FY09/10 IS PROVIDED SOLELY TO COMPLY WITH THE SECURITIES AND EXCHANGE COMMISSION STAFF'S INTERPRETATION OF RULE 15c2-12. NO FUNDS OR ASSETS OF THE CITY OF BAKERSFIELD (OTHER THAN THE ASSESSMENTS LEVIED IN THE ASSESSMENT DISTRICT) ARE REQUIRED TO BE USED TO PAY DEBT SERVICE ON THE BONDS AND THE CITY IS NOT OBLIGATED TO ADVANCE AVAILABLE FUNDS FROM THE CITY TREASURY TO COVER ANY DELINQUENCIES. INVESTORS SHOULD NOT RELY ON THE FINANCIAL CONDITION OF THE CITY IN EVALUATING WHETHER TO BUY, HOLD, OR SELL THE BONDS. IV. Response to Items "(a)" through "(g)" in Issuer's Continuing Disclosure Certificate "Section 4. Content ofIssuer's Annual Reports." The following items A through G present the information listed under the Continuing Disclosure Certificate "Section 4. Content of Issuer's Annual Reports" as items "(a)" through "(g)," which are the items that this Annual Report No. 14 shall contain or incorporate by reference. The following items A through G are presented in the same order as the above-referenced "(a)" through "(g)" items are presented in Section 4 of the Continuing Disclosure Certificate. Except as otherwise noted below, in each case the following information is "current" as ofthe June 30, 2010, ending of the Issuer's FY09/10. A. Principal amount of Bonds outstanding, including principal amount and years of maturity of Bonds, if any, called for redemption in advance of maturity: According to Issuer's Finance Department: 1. The principal amount of the Bonds outstanding is $440,000.00 as of September 3, 2010. 2. The Bonds called for redemption in advance of maturity on September 2, 2001, and on September 2, 2004, are listed by year of maturity and by principal amount called in the table provided by Issuer's Finance Department, attached hereto as Appendix D and incorporated herein by reference. The principal amount and years of maturity of the Bonds outstanding, updated for the Bonds that have previously matured and for the 2001 Bond Call and the 2004 Bond Call, are are shown in Appendix F, attached hereto and incorporated herein by reference. 3. The Bonds have not been defeased as of the date of this Annual Report No. 14. B. Balance in the Improvement, Redemption and Special Reserve Funds: According to Issuer's Finance Department, as of June 30, 2010, the referenced Fund balances were as follows: 1. The Improvement Fund: $ 0.00 2. The Redemption Fund: $ 99,790.36 3. The Special Reserve Fund: $ 85,200.00 Note: The current Reserve Requirement (as defined in the Bond Resolution) for the Reserve Fund is $85,200.00. 29240oCD14Rpt -4-10/19/10 C. Identification of and information on parcels with any delinquent assessment installments: 1. The amount delinquent (exclusive of late charges and monthly penalties for reinstatement); 2. The date (December 10 or April 10) of the first delinquency; 3. In the event a foreclosure complaint has been filed respecting such delinquent parcel and such complaint has not yet been dismissed, the date on which the complaint was filed in the Kern County Superior Court; 4. In the event a foreclosure sale has occurred respecting such delinquent parcel, a summary of the results of such foreclosure sale. The Issuer's Finance Department has provided the following information in response to Section 4, Item C ofthe Continuing Disclosure Certificate: a. For the preceding items IV.C.1 and IV.Co2: The table entitled "Continuing Disclosure Annual Report No. 14, City of Bakersfield Assessment District No. 96-1, Listing of Parcels with Delinquent Assessment Installment(s) as of June 30, 2010," attached hereto as Appendix G and incorporated herein by reference, presents the list of parcels in AD 96-1 that on June 30, 2010, had delinquent assessment installment(s). Each parcel is identified by its assigned AD 96-1 Assessment Number and by its Kern County Assessor's Tax Number ("ATN"). Appendix G shows the total amount delinquent (exclusive of any late charges or penalties for reinstatement) for each parcel and the date (December 10 or April 10) of the first delinquency. The Appendix G table has been prepared by the Assessment Engineer from data provided by the Issuer's Finance Department. b. For the preceding items IV.C.3 and IV.C.4: According to Issuer's Finance Department, as of June 30, 2010, no foreclosure complaints had been filed by the Issuer respecting the delinquent parcels shown in Appendix G. Pursuant to the Bond Resolution, the Issuer will, by no later than October 1 in any year, file an action in the Superior Court of Kern County to foreclose the lien on each delinquent assessment if (l) the sum of uncured assessment delinquencies for the preceding fiscal year exceeds five percent (5%) of the assessment installments posted to the tax roll for that fiscal year, and (2) the amount of the Special Reserve Fund is less than the Reserve Requirement. No foreclosure complaints had been filed by the Issuer as of the date shown on the cover of this Annual Report No. 14. Also, since no foreclosure complaints have been filed, no foreclosure sales have occurred through the date of this Annual Report No. 14. 29240oCD14Rpt -5-10119/10 D. A current statement of the status of completion or progress toward completion of the public improvements described on pages 20, 22 and 24 of the Official Statement for the Bonds under the subheading "Proposed Improvements." As stated on page 2 of this Annual Report No. 14 under the caption "ALL IMPROVEMENTS AUTHORIZED FOR AD 96-1 FINANCING HAVE BEEN COMPLETED AND ALL ELIGIBLE COST CLAIMS HAVE BEEN PAID," " ... all of m,1 e AA.rU. rYvOr: -11 I• mprovements authion.zed ftoorr aacccquuiissiittiion and not removed +r.rom thL e scope of authorized acquisitions have been completed in conformance with the scope of work described in the Official Statement." E. A current statement of the land-secured public financing information summarized on pages 14 and 15 of the Official Statement, under the subheading "THE BONDS Priority of Lien." 1. As described in the second paragraph on page 14 of the Official Statement under the caption "Priority of Lien," the property within the Brimhall II Area and the Spring Meadows Area is subject to an existing special tax lien created by Community Facilities District No. 92-1 of the RNR School Financing Authority ("CFD No. 92-1") under the Mello-Roos Community Facilities Act of 1982, being Chapter 2.5, Part 1, Division 2, Title 5 of the Government Code of the State of California (the "Mello-Roos Act"). CFD No. 92-1 includes territory from the Rosedale Union School District, the Norris School District, and the Rio Bravo-Greeley Union School District. CFD No. 92-1 special taxes will be used to finance, or used as security for bonds issued to finance, the construction of elementary, middle, and other authorized school facilities within CFD No. 92-1. The CFD No. 92-1 special taxes are payable, however, regardless of whether any bonds are issued. No other AD 96-1 property outside the Brimhall II Area and the Spring Meadows Area is subject to the CFD No. 92-1 special taxes, which vary based upon the zoning, entitlements, and the type and level of development of such property. For the fiscal year ending June 30, 2011, the properties in the Brimhall II Area and the Spring Meadows Area are subject to the following CFD No. 92-1 special taxes: No special taxes are collected from property for which no final tract map had been recorded. Upon recordation of a final tract map and if no building permit has been issued for a subdivision lot prior to March 1, 2010, an annual special tax of $137.26 (which may be increased by 2% each fiscal year) per subdivision lot net acre of subject property is payable. Upon the issuance of a residential building permit for a lot or parcel prior to March 1, 2010, a one-time charge of $1.75 (which may be increased each fiscal year based upon the percentage change in a designated construction cost index) per building square foot is payable, and such parcel is subject to an annual special tax payment of $538.15 (which may be increased by 2% each fiscal year). In the alternative, at the time of issuance of such residential building permit, the owner of such parcel may prepay a specified amount, in which case the one-time charge and annual special tax described above will not be levied on such parcel. The prepayment amount is currently $10,910.14 (which may be increased each fiscal year based upon the percentage change in a designated 29240oCD14Rpt -6-10/19/10 construction cost index). All Brimhall II Area and Spring Meadows Area assessed properties have a single-family residential land use designation. Therefore, there are no AD 96-1 properties that are subject to the multi-family residential, commercial, or industrial land use designation CFD No. 92-1 special tax rates. Accordingly, the CFD No. 92-1 multi-family residential, commercial, or industrial land use designation parcel special tax rates are not presented in this Annual Report No. 14. All of the property in the Brimhall IV Area and in the Spring Meadows Area has been fully subdivided by the recordation of final tract maps. Therefore, each of the existing lots or parcels within these two areas that has an AD 96-1 lien is subject to the levy of the CFD No. 92-1 special tax at the rates as described above, unless the special tax obligation for an existing lot or parcel is prepaid at the time a building permit for the lot or parcel is issued. 2. The Issuer has reported that, as of the date of this Annual Report No. 14, there are no other special tax or assessment liens against the parcels in AD 96-1. Therefore, none of the assessments against property in AD 96-1 that secure the Bonds is subordinate to any other fixed special assessment liens. However, the CFD No. 92-1 special tax lien on properties in the Brimhall II Area and the Spring Meadows Area of AD 96-1 ranks on a parity with the assessments that secure payment of the Bonds. F. A current statement of the parcel information set forth in Columns 1 through 3, inclusive, of Appendix E of the Official Statement, for both existing and future parcels. The table entitled "Annual Report No. 14, Current Assessment and Assessor's Value Data, City of Bakersfield Assessment District No. 96-1," attached hereto as Appendix E and incorporated herein by reference (the "Current Appendix E"), presents the current valuation and assessment data for every AD 96-1 parcel of record (as of June 30, 2010) in the five (5) columns of the table that are grouped under the heading "Parcel Current Assessment and Assessor's Value Data for Fiscal Year Ending 06/30110." This group of five columns (the "Current Data Group") presents the information required by the Continuing Disclosure Certificate to be included in this and successive annual reports for AD 96-1. Reference is made to the Current Data Group in the Current Appendix E table and to the notes and references thereon for further details on the current "Total Values (Assessor's Land + Improvement) (5)," "Remaining Assessment Balance (6)," and "Assessor's Value/Lien (7)" ratio for every AD 96-1 parcel with a still remaining assessment lien principal balance amount. A summary of the current parcel information contained in the Current Appendix E table is as follows: 1. Since Annual Report No.1 was filed, the following actions affecting AD 96-1 parcels have been taken. The effects of those actions on AD 96-1 parcel assessments have been noted in the Current Appendix E table and are summarized as follows: a. As generally described in Note Note (3) of Current Appendix E, the parcel assessment amounts listed in Column 3 of Official Statement Appendix E, entitled "AD 96-1 Assessment Amount (3)," are the originally confirmed parcel assessment amounts totaling $3,810,000.00. Since all of the AD 96-1 property owners submitted 29240oCDl4Rpt -7-10/19110 written waivers of the 30-day assessment cash payment period, no assessments were paid in full, or in part, prior to issuance of the Bonds. Accordingly, the original assessment liens of record on all AD 96-1 assessed parcels remain in place as the security for the Bonds issued on December 23, 1996. However, due to lower than estimated costs (i) of the first year's interest on the Bonds; (ii) of the underwriter's discount on the purchase of the Bonds; and (iii) of the required amount of the Special Reserve Fund, the total par amount of the Bonds sold on December 23, 1996, was $3,685,000.00, which was $125,000.00 less than the original total assessment of $3,810,000.00 that is shown in Column 3 of the Appendix E table attached to the Official Statement. Those original parcel assessment amounts were used to calculate each parcel's "Appraised Value/Lien (4)" ratio shown in Column 4 of the Official Statement Appendix E table. b. As described in Note (6) of the Current Appendix E, the remaining assessment amounts amounts shown for each AD 96-1 parcel in Column 8 "Remaining Assessment Balance (6)" were calculated by Issuer's Finance Department and, except for the parcels shown in Appendix G of this Annual Report No. 14, are equal to each parcel's remaining assessment principal amount at the beginning of the 2010/2011 property tax year. The amounts shown in Column 8 of the Current Appendix E table for the thirteen (13) parcels shown in Appendix G of this Annual Report No. 14 include each parcel's total delinquent bond principal share effective June 30, 2010. Therefore, the grand total amount for Column 8 that is shown in the last row on page 7 of the Current Appendix E table, entitled "Assessment District Totals/Overall," of $442,158.04 is higher by the $2,158.04 combined total amount of delinquent principal installments included in the Appendix G delinquent installment amounts than the $440,000.00 total remaining principal amount of all unpaid assessments (the "Total Unpaid Principal"). The Total Unpaid Principal amount is equal to the $440,000.00 total principal amount of the Bonds outstanding on September 3,2010. 2. The "Assessor's Tax Number (ATN) or Description" and "Owner's Name (5)" information presented in the attached Current Appendix E table are the ATN's and owner names for AD 96-1 parcels as they were shown on the records of the Assessor of the County of Kern, California (the "Assessor") for the Current Assessor's Ownership Roll prepared for the 2010/2011 Tax Year (the "Assessor's Roll"). 3. For FY09110 to which this Annual Report No. 14 applies, no new subdivisions of assessed parcels in AD 96-1 were recorded. However, for all land divisions recorded within AD 96-1 since the AD 96-1 original assessment was approved, the Assessment Diagram showing the "as existing" parcel configuration prior to the recording of each land division has been amended to show the configurations of the new parcels created by the land division and to assign a new, amended Assessment Number to each new parcel. In addition, the assessment lien for each subdivided "as existing" parcel has been segregated and apportioned to the new lots or parcels created by the land division, and a separate lien has been recorded on each new lot or parcel in the amount of its apportioned share of the total remaining assessment principal balance for the "as existing" parcel. The subdivided "as existing" parcels are identified on the 29240oCD14Rpt -8-10/19/10 Current Appendix E table by a note in the "Assessor's Tax Number (ATN) or Description" and "Owner's Name (5)" columns, which states "Deleted from the Roll by Amendment No. __ --See Note ~." If the subdivided "as existing" parcel was an originally assessed parcel that existed at the time the Notice of Assessment for AD 96-1 was recorded, then the assessment and valuation data for the subdivided "as existing" parcel is shown in the Current Appendix E under the "Original Value/Lien Data as of 12/96 (Not Updated to Current Year Values)" column group (the "Original Data Group"). However, for each originally assessed parcel that has been subdivided, the abbreviation "N/A-2" is entered into its corresponding columns of the Current Data Group on the Current Appendix E table. Conversely, if the subdivided "as existing" parcel was created by a prior land division and is not an originally assessed parcel, then the abbreviation "N/A-4" is entered in each of the parcel's Original Data Group columns in the Current Appendix E table, indicating that the parcel did not exist at the time the Notice of Assessment for AD 96-1 was recorded. The same "N/A-4" note is also entered for those parcels in each of their Current Data Group columns because the "as existing" parcel's "Remaining Assessment Balance" has been apportioned to the new lots created by the subdivision of the "as existing" parcel. The new lots created by the subdivision of an "as existing" parcel also have the abbreviation "N/A-4" in their Original Data Group columns indicating the new lot did not exist at the time the original assessment lien was recorded, while their Current Data Group columns show each new lot's apportioned share of the "as existing" parcel's "Remaining Assessment Balance" and either the new lot's current Assessor's valuation data or the abbreviation "N/A-3" indicating no Assessor's data for the lot was available at the time this Annual Report No. 14 was prepared. The Note "N/A-l" in the Current Appendix E table refers to non-benefited and non-assessed parcels and to parcels paid off after the original assessments were confirmed but before June 30, 2010. The Notes and References on Current Appendix E pages 8 through 10 describe all of the abbreviations contained in that table. 4. The four Original Data Group columns on the attached Current Appendix E table present the same parcel data that is shown on the Appendix E table in the Official Statement. The data shown in the "Assessor's Land Value (1)" column of the Original Data Group is each parcel's Assessor's Land Value as shown on the Assessor's Roll that was used to prepare the 1996/97 regular property taxes. The Assessor's Land Values shown in the Appendix E table of the Official Statement were not used to calculate the "Appraised Value/Lien (4)" ratios shown in Column 4 of that original Appendix E table, but were provided only for reference as baseline Assessor's Land Values at the time of the AD 96-1 Bond Sale. 5. Each parcel's Assessor's Value to Assessment Lien Ratio for FY091l0 is shown in the the Current Data Group in the "Assessor's Value/Lien (7)" column. That ratio has been calculated as the ratio of the parcel's "Total Values (Assessor's Land + Improvement) (5)" amount to its "Remaining Assessment Balance (6)" amount. Reference should be made to the Original Data Group "Assessor's Land Value (1)" and to the Current Data Group "Total Values (Assessor's Land + Improvement) (5)" 29240oCD14Rpt -9-10/19/10 columns on the Current Appendix E table for a comparison of original and current parcel Assessor's valuations. This Annual Report No. 14 makes no representation with regard to current retail valuations for the AD 96-1 properties. 6. As stated in Continuing Disclosure Annual Report No.2 (the "Annual Report No. 2"), for all future annual reports, the AD 96-1 parcels will be listed in Appendix E by sequential Assessment Number. Also as stated in Annual Report No.2, beginning with Continuing Disclosure Annual Report No.3, a new column was added to Appendix E between the "Owner's Name (5)" and "Assessor's Land Value (1)" columns, entitled "Dist, Area Code (8)." A code abbreviation for each of the four District Areas has been added to the data listed for each parcel to identify the District Area (Brimhall II as "BII," Spring Meadows as "SM," Fairways as "FW," and Campus Park as "CP") in which each parcel is located. This Annual Report No. 14 shows, and all future versions of the Current Appendix E table will show, the District Area Subtotal amounts for the Original Data Group and Current Data Group columns on the table's last data page, along with subtotals of data for the groups of the "Castle & Cooke Owned" ATN's and the "Non-Castle & Cooke Owned" ATN's. G. The audited financial statement of the Issuer for the preceding fiscal year prepared in accordance with generally accepted accounting practices. Pursuant to the preceding Item III of this Annual Report No. 14, the Issuer's Audited Financial Report for Fiscal Year Ended June 30, 2010, will be filed under separate cover with the MSRB and is incorporated herein by reference as Appendix B. V. Further information that the Issuer has determined may be necessary to make the specifically required statements herein, in the light of the circumstances under which they are made, not misleading. The total cost of the 2001 Bond Call was $2,060,000.00, including $2,000,000.00 in total principal amount of the Bonds called in advance of maturity and the $60,000.00 Bond Call Premium. Pursuant to information provided by Issuer's Finance Department, the $2,060,000.00 total cost of the 2001 Bond Call was paid from the following sources of funds: Sources of Funds Re: 2001 Bond Call 1. The AD 96-1 Improvement Fund: A. Savings from Fairways Area Improvements removed from the scope of improvements authorized for acquisition B. Credit to Fairways Area ofAD 96-1 Assessment Proceedings Costs not needed to complete the AD 96-1 proceedings and acquisitions C. AD 96-1 Improvement Fund Contribution to 2001 Bond Call 2. Improvement Fund Interest Earnings Credited for Fairways Area to 2001 Bond Call Expense 3. Reduction in AD 96-1 Special Reserve Fund 4. Total of Sources $1,232,088.48 $ 45,452.28 $1,277,540.76 $ 580,719.24 $ 201,740.00 $2,060,000.00 29240oCD14Rpt -10-10/19/10 Uses of Funds Re: 2001 Bond Call 1. Principal amount of the Bonds called in advance of maturity on September 2, 2001 2. The 2001 Bond Call Premium 3. Total of Uses $2,000,000.00 $ 60,000.00 $2,060,000.00 The 2001 Bond Call $2,000,000.00 principal reduction of the Bonds was applied as a credit to AD 96-1 Assessment No.4, ATN 409-260-08-00-9, as a reduction in this parcel's remaining assessment principal. As it was shown in Column 8 of Appendix E of Annual Report No.8, the remaining principal for Assessment No. 4 after crediting the $2,000,000.00 principal reduction for the 2001 Bond Call and after crediting the regular assessment installment billed with the 2003/2004 property taxes was $45,912.41. The remaining principal for Assessment No. 4 prior to billing the 2000/2001 assessment installment that was shown in Column 8 of Appendix E of Continuing Disclosure Annual Report No.4 (the "Annual Report No.4") was $2,130,717.29. The value to lien for Assessment No.4 has increased from the 0.51 value shown in Column 9 of Appendix E of Annual Report No.4 to the 25.06 value shown in Column 9 of Appendix E of Annual Report No.8. However, the Assessment No.4 principal amount remaining unpaid after the 2003/2004 tax year billing has been paid in full by the Assessment No. 4 property owner, and that money was used as a portion of sources of funds for the 2004 Bond Call (as described below). Therefore, the Current Appendix E "Remaining Assessment Balance" for Assessment No.4 is zero. The total cost of the 2004 Bond Call was $401,700.00, including $390,000.00 in total principal amount of the Bonds called in advance of maturity and the $11,700.00 Bond Call Premium. Pursuant to information provided by Issuer's Finance Department, the $401,700.00 total cost of the 2004 Bond Call was paid from funds from the following sources: Sources of Funds Re: 2004 Bond Call 1. Accumulated interest earned by AD 96-1 2. Cash held from prior assessment payoffs 3. Reduction in AD 96-1 Special Reserve Fund 4. Total of Sources Uses of Funds Re: 2004 Bond Call 1. Principal amount of the Bonds called in advance of maturity on September 2, 2004 2. The 2004 Bond Call Premium 3. Total of Uses $307,006.23 $ 46,768.77 $ 47,925.00 $401,700.00 $390,000.00 $ 11,700.00 $401,700.00 All expenses of the 2004 Bond Call were paid from accumulated interest earnings and from the bond call expenses paid to Issuer by the property owners that had paid their assessment liens in full prior to the 2004 Bond Call. 29240oCD14Rpt -11-10119110 The Special Reserve Fund amount after the 2004 Bond Call is $85,200.00. That Special Reserve Fund amount is equal to the maximum annual debt service on the principal amount of the Bonds remaining after the 2004 Bond Call that will occur in the year ending September 2, 2017. A copy of "Current Debt Service Schedule for the Bonds Updated for the 2001 Bond Call and the 2004 Bond Call," as provided by Issuer's Finance Department, is attached as Appendix F of this Annual Report No. 14 and incorporated herein by reference. The Issuer's Finance Department applied the $390,000.00 in principal reductions for the Bonds as follows: i) $45,912.41 has been credited to the one parcel assessment (Assessment No.4) that has been paid in full; and ii) $344,087.59 has been applied as a credit to reduce the amount remaining unpaid on the AD 96-1 parcels with unpaid assessment amounts as of the June 30, 2004 effective date of Annual Report No.8. No information beyond that provided in this Annual Report No. 14 is necessary to make the statements and information provided herein, in the light of the circumstances under which they are made, not misleading. MISCELLANEOUS The foregoing information on the current status of AD 96-1 and all references to other materials not purporting to be quoted in full are only brief outlines of some of the provisions thereof and do not purport to summarize or describe all of the provisions thereof, and reference is made to said documents for full and complete statements of their provisions. The appendices hereto are part of this Annual Report No. 14, whether attached in their entirety or attached by reference to the document already on file with the National Repositories or the MSRB. Any statement in this Annual Report No. 14 involving matters of opinion, whether or not expressly so stated, are intended as such and not as representations of fact. This Annual Report No. 14 is not to be construed as a contract or agreement between the Issuer and the owners of any ofthe Bonds. The execution and delivery of this Annual Report No. 14 has been duly authorized by the Issuer. City of Bakersfield By: lsi Nelson K. Smith Nelson K. Smith, Finance Director 29240oCD14Rpt -12-10/19/10 ANNUAL REPORT NO. 14 PROVIDING CONTINUING DISCLOSURE FOR THE FISCAL YEAR ENDING JUNE 30, 2010 ON $3,685,000 PRINCIPAL AMOUNT OF CITY OF BAKERSFIELD, CALIFORNIA ASSESSMENT DISTRICT NO. 96-1 (BRIMHALL II/SPRING MEADOWS/FAIRWAYS/CAMPUS PARK) LIMITED OBLIGATION IMPROVEMENT BONDS APPENDIX A CONTINUING DISCLOSURE CERTIFICATE FOR AD 96-1 CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO. 96-1 (BRIMHALL IT, SPRING MEADOWS, FAIRWAYS AND CAMPUS PARK) LIMITED OBLIGATION IMPROVEMENT BONDS ISSUER'S CONTINUING DISCLOSURE CERTIFICATE TJ.1is Continuing Disclosure Certificate (the "Disclosure Certificate") is executed and delivered by the City of Bakersfield (the "Issuer") in connection with the issuance of $3,685,000 aggregate principal amount of its City of Bakersfield Limited Obligation Improvement Bonds (the "Bonds") for Assessment District No. 96-1 (Brimhall II, Spring Meadows, Fairways, and Campus Park) (the "Assessment District"). The Bonds are being issued pursuant to a resolution authorizing issuance of the Bonds, Resolution No. 131-96 (the "Resolution"), adopted by the City Council of the Issuer on November 20, 1996. The Issuer covenants and agrees as follows: SECTION 1. Purpose of the Disclosure Certificate. This Disclosure Certificate is being executed and delivered by the Issuer for the benefit of the Holders of the Bonds and in order to assist assist the Participating Underwriters in complyingwith SEC Rule 15c2-12(b)(5). SECTION 2. Definitions. In addition to the definitions set forth above and in the Resolution, which apply to any capitalized term used in this Disclosure Certificate unless otherwise defined in this section, the following capitalized terms shallhave the following meanings: "Annual Report" shall mean any Annual Report provided by the Issuer pursuant to, and as described in, Section 3 and 4 ofthis Disclosure Certificate. "BeneficialOwner" shall mean any person which has the power, directly or indirectly, to vote or consent with respect to, or to dispose of ownership of, any Bond or Bonds, including persons holding Bonds through nominees or depositories. "Dissemination Agent" shall mean First Trust of California, National Association, or any successor Dissemination Agent designated in writing by the Issuer and which has filed with the Issuer a written acceptance ofsuch designation. "Fiscal Year" shallmean the one-year period ending on June 30 of each year. "Holders" shall mean either the registered owners ofthe Bonds, or, if the Bonds are registered in the name of The Depository Trust Company or another recognized depository, any Beneficial Owner or applicable participant in its depository system. "ListedEvent" shall mean any ofthe events listed in Section 5(a) ofthis Disclosure Certificate. 1 ..NationalRepository" shall mean any Nationally Recognized Municipal Securities Information Repository for purposes of the Rule. As of the date of this Disclosure Certificate, the following are National Repositories: Bloomberg Municipal Repository POBox 840 Princeton, NJ 08542-0840 Internet address: MU:N'1S@bloomberg.com (609) 279-3200 (609) 279-3204 to order documents (609) 279-3235 or (609) 279-5963 (fax) Contact: Dave Campbell Disclosure; Inc. Document Augmentation/Municipal Securities 5161 River Road Bethesda, MD 20816 (301) 951-1450 (301) 718-2329 (fax) Contact: Bary Sugerman, (301) 215-6015 JJ Kenny Information Services The Repository 65 Broadway, 16th Floor New York, 1\TY 10006 (212) 770-4568 (212) 797-7994 (fax) Contact: Ms. Joan Horai Moody's NRMSIR Public Finance Information Center 99 Church Street New York, NY 10007-2796 (800) 339-6306 (212) 553-1460 (fax) Contact: Claudette Stephensen (212) 553-0345 RRDonnelly Financial Attn: Municipal Securities Disclosure Archive 559 Main Street Hudson, MA 01749 (800) 580-3670 (508) 562-1969 (fax) Contact: Susan Harvey 2 Thompson Financial Services Secondary Market Disclosure 395 Hudson Street, 3rd Floor New York, NY 10014 Internet address: Disclosurergrnuller.com (212) 807-3814 (212) 989-9282 (fax) Contact: ThomasGarske "Official Statement' shall meanthe Official Statement dated December 12, 1996, pertaining to the Bonds. "Participating Underwriter" shall mean Sutro & Co., Inc., and any other original underwriters ofthe Bonds, if any, required to comply with the Rule in connection with offering ofthe Bonds. "Preliminary Official Statement" shall mean the Preliminary Official Statement dated December3, 1996, pertaining to the Bonds. "Repository" shall meaneach NationalRepository and each State Repository. "Rule" shall mean Rule 15c2-12(b)(5) adopted by the Securities and Exchange Conunission under the Securities Exchange Act of 1934, as the same maybe amended fromtime to time. "State RepositoryII shall mean any public or private repository or entity designated by the State as a state repository for the purpose of the Rule and recognized as such by the Securities and Exchange Commission. As of the date of this DisclosureCertificate, there is no State Repository. "Tax-exempt" shall mean that interest on the Bonds is excluded from gross income for federal income tax purposes, whether or not such interest is includable as an item of tax preference or otherwise includable directly or indirectly for purposes of calculating any other tax liability, including any alternative minimum tax or environmental tax. SECTION 3. Provision of Annual Reports. (a) Until the obligation is terminated pursuant to Section 6 herein, the Issuer shall provide, or shall causethe Dissemination Agent to provide, not later than December31 of each year, to each Repository an Annual Report relating to the immediately preceding Fiscal Year which is consistent with the requirements of Section4 of this DisclosureCertificate. The Annual Report may be submitted as a single document or as separate documents comprising a package, and may crossreference other information as provided in Section 4 of this Disclosure Certificate; provided that the audited financial statements of the Issuer may be submitted separately from the balance of the Annual Report and later than the date required above for the filing of the Annual Report if they are not available by that date. Ifthe Issuer's fiscal year changes, it shall give notice of such change in the same manneras for a ListedEvent under Section S(t). 3 (b) Until the obligation is terminated pursuant to Section 6 herein, not later than fifteen (15) Business Days prior to said date, the Issuer shall provide the Annual Report to the Dissemination Agent (if other than the Issuer). Ifthe Issuer is unable to provideto each Repository an Annual Report by the date required in subsection (a), the Dissemination Agent shall send to each Repositorya notice in substantially the form attached hereto as ExhibitA (c) The Dissemination Agent shall: (i) determine each year, prior to the date for providing the Annual Report, the name and address of each Repository, and file the Annual Report with each Repository; and (ii) if the Dissemination Agent is other than the Issuer, following the filing of the Annual Report with each Repository, file a certificate with the Issuer certifying that the AnnualReport has been filed with each Repository pursuant to this Disclosure Certificate, stating the date on which the Annual Report was filed, and listing each Repository (by name and address) with which it was filed provided that, if the document included by reference is a final official statement, it must be available from the Municipal Securities Rulemaking Board; and provided further that the Issuer shall clearly identify each such other document so included by reference. SECTION 4. Content of Issuer's Annual Reports. The Issuer's Annual Report shall contain or incorporate by reference the following: (a) Principal amount of Bonds outstanding, including principal amount and years ofmaturity of Bonds, if any, called for redemptionin advance ofmaturity. (b) Balance in each ofthe following funds established pursuant to the Resolution: (i) the ImprovementFund; (li) the RedemptionFund; (iii) the Special Reserve Fund. (c) Identification ofeach parcel for which any installment ofthe unpaid assessment is delinquent, together with the following information respecting each such parcel: (i) the amount delinquent (exclusive of late charges and monthly penalties for reinstatement); (ii) The date (December 10 or April 10) ofthe first delinquency; 4 (iii) in the event a foreclosure complaint has been filed respecting such delinquent parcel and such complaint has not yet been dismissed, the date on which the complaint was filed in the Kern County Superior Court. (iv) In the event a foreclosure sale has occurred respecting such delinquent parcel, a summary ofthe results of such foreclosure sale. (d) A current statement ofthe status of completion or progress toward completion of the public improvements described on Pages 20, 22 and 24 of the Preliminary Official Statement, under the caption "Proposed Improvements. " (e) A current statement of the land-secured public financing information summarized on Pages 14 and 15 under the caption "TIIE BONDS -Priority ofLien.II (f) A current statement ofthe parcel information set forth in Columns 1 through 3, inclusive ofAPPENDIX E, for both existing and future parcels. (g) The audited financial statement of the Issuer for the preceding Fiscal Year prepared in accordance with generally accepted accounting practices; provided, that if the audited financial statements are not available at the time of filing of the Annual Report, they may be filed separately after filing of the Annual Report but the Annual Report shall contain unaudited financial statements ofthe Issuer for the preceding Fiscal Year, and provided, further that in each Annual Report or other filing containing the financial statements, the following statement shall be included in bold type: "THE FOLLOWING FINANCIAL STATEMENT IS PROVIDED SOLELY TO COMPLY WITH THE SECURITIES AND EXCHANGE COMMISSION STAFF'S INTERPRETATION OF RULE 15c2-12. NO FUNDS OR ASSETS OF THE CITY OF BAKERSFIELD (OTHER THAN THE ASSESSMENTS LEVIED IN THE ASSESSMENT DISTRICT) ARE REQUIRED TO BE USED TO PAY DEBT SERVICE ON THE BONDSAND THE CITY IS NOT OBLIGATED TO ADVANCE AVAILABLE FUNDS FROM THE CITY TREASURY TO COVER ANY DELINQUENCIES. INVESTORS SHOULD NOT RELY ON THE FINANCIAL CONDITION OF THE CITY IN EVALUATING WHETHER TO BUY, HOLD OR SELL THE BONDS." In each instance above in this Section 4 or in Section 5, the term "current" shall mean as ofthe end ofthe Fiscal Year to which the Annual Report relates, unless a later date is selected by the Issuer and stated in said Annual Report. Any or all of the items listed above may be included by specific reference to other documents, including official statements of debt issues of the Issuer or related public entities, which have been submitted to each of the Repositories; provided that, if the document included by reference is a final official statement, it must be available from the Municipal Securities Rulemaking Board; and 5 provided further that the Issuer shall clearly identify each such other document so included by reference. SECTION 5. Issuer's Report of Significant Events. So long as the Issuer is obligated hereunder and said obligation has not been terminated pursuant to Section 6, the Issuer shall report significant events as described in this Section 5. (a) Pursuant to the provisions ofthis Section 5, the Issuer shall give, or cause to be given, notice of the occurrence of any of the following events (Listed Events) with respect to the Bonds, ifmaterial: (i) principal or interest payment delinquencies. (i) non-payment related defaults, including any default with respect to the foreclosure covenant set forth in Section 10.1 ofthe Resolution. (iii) modifications to the rights ofbondholders. (iv) bond calls, including bond calls resulting from prepaymg of assessments. (v) defeasances. (vi) rating changes. (vii) adverse tax opinions or events adversely affecting the tax-exempt status ofthe Bonds. (viii) unscheduled draws on the Special Reserve Fund reflecting financial difficulties. (ix) any unscheduled draw on a credit enhancement facility, if any, reflecting financial difficulties. (x) any change in the provider ofany credit enhancement facility, if any, or any failure by any such provider to perform on the credit enhancement facility, if any. (xi) the release, substitution or sale of property securing repayment of the Bonds, if any. (b) Whenever the Issuer obtains knowledge of the occurrence of a Listed Event, the Issuer shall as soon as possible determine ifsuch event would be material. 6 (c) If the Issuer determines that knowledge of the occurrence of a Listed Event would be material, the Issuer shall promptly file or cause the filing of a notice of such occurrence with each Repository. Notwithstanding the foregoing, notice of Listed Events described in subsections (a)(iv) and (a)(v) need not be given under this subsection any earlier than the notice (if any) of the underlying event is given to Holders ofaffected Bonds pursuant to the Resolution. SECTION 6. Tennination of Reporting Obligation. The Issuer's obligations under this Disclosure Certificate shall terminate upon the defeasance, prior redemption or payment in full of all of the Bonds. SECTION 7. Dissemination Agent The Issuer may, from time to time, appoint or engage a Dissemination Agent to assist it in carrying out its obligations under this Disclosure Certificate, and may discharge any such Agent, with or without appointing a successor Dissemination Agent. The initial Dissemination Agent shall be First Trust ofCalifornia, National Association. SECTION 8. Amendment; Waiver. Notwithstanding any other proVISIOn of this Disclosure Certificate, the Issuer may amend this Disclosure Certificate, and any provision of this Disclosure Certificate may be waived, if such amendment or waiver is supported by an opinion of counsel expert in federal securities laws, to the effect that such amendment or waiver would not, in and of itself, cause the undertakings herein to violate the Rule if such amendment or waiver had been effective on the date hereof but taking into account any subsequent change in or official interpretation ofthe Rule. SECTION 9. Additional Information Nothing in this Disclosure Certificate shall be deemed to prevent the Issuer from disseminating any other information, using the means of dissemination set forth in this Disclosure Certificate or any other means of communication, or including any other information in any Annual Report or notice of occurrence of a Listed Event, in addition to that which is required by this Disclosure Certificate. Ifthe Issuer chooses to include any information in any Annual Report or notice of occurrence of a Listed Event in addition to that which is specifically required by this Disclosure Certificate, the Issuer shall have no obligation under this Disclosure Certificate to update such information or include it in any future Annual Report or notice of occurrence of a Listed Event. SECTION 10. Default In the event of a failure of the Issuer to comply with any provision of this Disclosure Certificate, any Participating Underwriter or any Holder of Outstanding Bonds may take such actions as may be necessary and appropriate, including seeking mandate or specific performance by court order, to cause the Issuer to comply with its obligations under this Disclosure Certificate. The sale remedy under this Disclosure Certificate in the event of any failure of the Issuer to comply with this Disclosure Certificate shall be an action to compel performance. SECTION 11. Duties, Immunities and Liabilities of Dissemination Agent The Dissemination Agent shall have only such duties as are specifically set forth in this Disclosure Certificate, and the Issuer agrees to indemnity and save the Dissemination Agent, its officers, directors, 7 employees and agents, harmless against any loss, expense and liabilities which it may incur arising out of or in the exercise or performance of its powers and duties hereunder, including the costs and expenses (including attorneys fees) of defending against any claim of liability, but excluding liabilities caused or claimed to have been caused (whether in whole or in part) by the Dissemination Agent's negligence or willful misconduct The obligations for the Issuer under this Section shall survive resignation or removal ofthe Dissemination Agent and payment ofthe Bonds. SECTION12. Beneficiaries. This Disclosure Certificate shall inure solely to the benefit of the Issuer, the Dissemination Agent, the Participating Underwriters and Holders from time to time ofthe Bonds, and shall create no rights in any other person or entity. Date: December 23, 1996 CITY OF BAKERSFIELD -"Issuer" 8 EXHIBIT A NOTICE TO REPOSITORIES OF FAILURE TO FILE ANNUAL REPORT Nameof Issuer: CITY OFBAKERSFIELD, CALIFORNIA NameofBondIssue: LIMITED OBLIGATION IMPROVEMENT BONDS, ASSESSMENT DISTRICTNO. 96-1 (BRIMHALL II, SPRINGMEADOWS, FAIRWAYS AND CAMPUS PARK) Date ofIssuance: December 23, 1996 NOTICEIS HEREBYGIVENthat the Issuer has not provided an Annual Reportwith respect to the above-named Bonds as required by Section 10.4 of the Resolution. The Issuer anticipates that the Annual Report will be filed by _ Date: -----FIRST TRUSTOF CALIFORNIA, NATIONAL ASSOCIATION By _ Dissemination Agent 9 ANNUAL REPORT NO. 14 PROVIDING CONTINUING DISCLOSURE FOR THE FISCAL YEAR ENDING JUNE 30, 2010 ON $3,685,000 PRINCIPAL AMOUNT OF CITY OF BAKERSFIELD, CALIFORNIA ASSESSMENT DISTRICT NO. 96-1 (BRIMHALL II/SPRING MEADOWSIFAIRWAYS/CAMPUS PARK) LIMITED OBLIGATION IMPROVEMENT BONDS APPENDIXB ISSUER'S AUDITED FINANCIAL REPORT FOR FISCAL YEAR ENDED JUNE 30, 2010 (To be filed under separate cover subsequent to the filing date for Annual Report No. 14) THE ISSUER'S AUDITED FINANCIAL REPORT-FY09/10 IS PROVIDED SOLELY TO COMPLY WITH THE SECURITIES AND EXCHANGE COMMISSION STAFF'S INTERPRETATION OF RULE 15c2-12. NO FUNDS OR ASSETS OF THE CITY OF BAKERSFIELD (OTHER THAN THE ASSESSMENTS LEVIED IN THE ASSESSMENT DISTRICT) ARE REQUIRED TO BE USED TO PAY DEBT SERVICE ON THE BONDS AND THE CITY IS NOT OBLIGATED TO ADVANCE AVAILABLE FUNDS FROM THE CITY TREASURY TO COVER ANY DELINQUENCIES. INVESTORS SHOULD NOT RELY ON THE FINANCIAL CONDITION OF THE CITY IN EVALUATING WHETHER TO BUY, HOLD, OR SELL THE BONDS. ANNUAL REPORT NO. 14 PROVIDING CONTINUING DISCLOSURE FOR THE FISCAL YEAR ENDING JUNE 30, 2010 ON $3,685,000 PRINCIPAL AMOUNT OF CITY OF BAKERSFIELD, CALIFORNIA ASSESSMENT DISTRICT NO. 96-1 (BRIMHALL II/SPRING MEADOWS/FAIRWAYS/CAMPUS PARK) LIMITED OBLIGATION IMPROVEMENT BONDS APPENDIXC COMES OF PAGES 6 THROUGH 140F ANNUAL REPORT NO.7 AND COPIES OF APPENDIX C OF ANNUAL REPORT NO.7 ("LETTER DATED OCTOBER 15, 2003, TO CITY OF BAKERSFIELD DEPARTMENT OF PUBLIC WORKS, TRANSMITTING THE CURRENT ACQUISITION SCHEDULE AND DESCRIBING THE CURRENT STATUS OF COMPLETION OF THE PUBLIC IMPROVEMENTS FINANCED BY THE ASSESSMENT DISTRICT") (On file with the National Repositories as Appendix C of Annual Report No.8) ANNUAL REPORT NO. 14 PROVIDING CONTINUING DISCLOSURE FOR THE FISCAL YEAR ENDING JUNE 30, 2010 ON $3,685,000 PRINCIPAL AMOUNT OF CITY OF BAKERSFIELD, CALIFORNIA ASSESSMENT DISTRICT NO. 96-1 (BRIMHALL II/SPRING MEADOWS/FAIRWAYS/CAMPUS PARK) LIMITED OBLIGATION IMPROVEMENT BONDS APPENDIXD LIST OF BONDS CALLED IN ADVANCE OF MATURITY ON SEPTEMBER 2,2001, BY YEAR OF BOND MATURITY AND PRINCIPAL AMOUNT CALLED IN EACH MATURITY ($2,000,000.00 TOTAL PRINCIPAL AMOUNT OF BONDS CALLED) AND LIST OF BONDS CALLED IN ADVANCE OF MATURITY ON SEPTEMBER 2, 2004, BY YEAR OF BOND MATURITY AND PRINCIPAL AMOUNT CALLED IN EACH MATURITY ($390,000.00 TOTAL PRINCIPAL AMOUNT OF BONDS CALLED) Note: Appendix D table provided by Issuer's Finance Department City of Bakersfield BRIMHALL II\SPRING MEADOWS\FAIRWAYS\CAMPUS PARK Bond Call Maturities Detail Bonds Dated: 12/23/1996 Bond Issue Amount: $3,685,000.00 Call Date Maturity Date Amount 09/02/2001 09/02/2002 $75,000.00 09/02/2003 85,000.00 09/02/2004 85,000.00 09/02/2005 95,000.00 09/02/2006 100,000.00 09/02/2007 100,000.00 09/02/2008 110,000.00 09/02/2009 115,000.00 09/02/2010 125,000.00 09/02/2011 130,000.00 09/02/2012 140,000.00 09/02/2013 150,000.00 09/02/2014 160,000.00 09/02/2015 165,000.00 09/02/2016 180,000.00 09/02/2017 185,000.00 Subtotal: $2,000,000.00 09/02/2004 09/02/2005 $20,000.00 09/02/2006 20,000.00 09/02/2007 25,000.00 09/02/2008 25,000.00 09/02/2009 25,000.00 09/02/2010 25,000.00 09/02/2011 30,000.00 09/02/2012 30,000.00 09/02/2013 30,000.00 09/02/2014 35,000.00 09/02/2015 40,000.00 09/02/2016 40,000.00 09/02/2017 45,000.00 Subtotal: $390,000.00 Total: $2,390,000.00 Page 1 of 1 Copyright © 1999-2003 NBS 10/3/2006 12:36:16 PM ANNUAL REPORT NO. 14 PROVIDING CONTINUING DISCLOSURE FOR THE FISCAL YEAR ENDING JUNE 30, 2010 ON $3,685,000 PRINCIPAL AMOUNT OF CITY OF BAKERSFIELD, CALIFORNIA ASSESSMENT DISTRICT NO. 96-1 (BRIMHALL II/SPRING MEADOWS/FAIRWAYS/CAMPUS PARK) LIMITED OBLIGATION IMPROVEMENT BONDS APPENDIXE CURRENT ASSESSMENT AND ASSESSOR'S VALUE DATA APPENDIXE ANNUAL REPORT NO. 14 CURRENT ASSESSMENT AND ASSESSOR'S VALUE DATA CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO. 96-1 ORIGINAL VALUE/LIEN DATA AS OF 12/96 PARCEL CURRENT ASSESSMENT AND (NOT UPDATED TO CURRENT YEAR VALUES) ASSESSOR'S VALUE DATA FOR FISCAL YEAR ENDING 06/30/10 DIST. ASSESSOR'S APPRAISED AD 96-1 APPRAISED ASSESSOR'S ASSESSOR'S TOTAL VALUES REMAINING ASSESSOR'S AD 96-1 ASSESSOR'S AREA LAND RETAIL ASSESSMENT VALUE 1 LAND IMPROVEMENT (ASSESSOR'S LAND ASSESSMENT VALUE 1 ASSESSMENT TAX NUMBER (ATN) CODE VALUE (1) VALUE 12\ AMOUNT 13\ LIEN 14\ VALUE 15\ VALUE 15\ + IMPROVEMENT\l5 BALANCE 16\ LIEN 17\ NUMBER OR DESCRIPTION OWNER'S NAME (5) (8) COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 COLUMN 9 1 Deleted from the Roll by Amendment NO.3 See note (11) CP 1,344,628 2,778,476 642,671.32 4.32 NIA-2 NIA-2 N/A-2 N/A-2 N/A-2 2 Deleted from the Roll by Amendment NO.4-See note (12) CP 0 0 000 NIA-1 NIA-2 NIA-2 N/A-2 NIA-2 NIA-2 3 Deleted from the Roll by Amendment NO.1-See note (9) BII 314,598 2,340,752 594,963.63 3.93 N/A-2 N/A-2 NIA-2 N/A-2 N/A-2 4 409-260-08-00-9 CASTLE & COOKE CALIFORNIA INC FW It wasn't available 9,922,889 2,419,681.59 4.10 N/A-1 N/A-1 N/A-1 000 N/A-1 5 500-101-01-00-4 TUTOP JOEL & ZENAIDA SM 13,517 30,000 3,914.98 7.66 NIA-1 N/A-1 NIA-1 000 N/A-1 6 500-101-02-00-7 TISINGER DOUGLAS A & LORI M SM 13,517 30,000 3,914.96 7.66 NIA-1 NIA-1 N/A-1 000 N/A-1 7 500-102-01-00-1 JOHNSON GRADY F & THERESA N SM 13,517 30,000 3,914.96 7.66 NIA-1 N/A-1 N/A-1 000 N/A-1 8 500-102-02-00-4 MC LAUGHLIN RONALD L & PATRICIA L SM 13,517 30,000 3,914.96 766 N/A-1 NIA-1 NIA-1 000 N/A-1 9 500-102-03-00-7 HARE FAMILY TR SM 13,517 30,000 3,914.96 7.66 N/A-1 NIA-1 NIA-1 0.00 N/A-1 10 500-102-04-00-0 GOHR RICHARD L & NANCY J SM 13,517 30,000 3,914.96 7.66 NIA-1 NIA-1 N/A-1 0.00 N/A-1 11 500-102-05-00-3 MC CARTHY MARK & MONICA SM 13,517 30,000 3,914.96 7.66 NIA-1 NIA-1 NIA-1 000 NIA-1 12 500-102-06-00-6 CAMPBELL ROY E & KRISTINE L SM 13,517 30,000 3,914.96 7.66 NIA-1 N/A-1 NIA-1 0.00 NIA-1 13 500-102-07-00-9 MOREHEAD MARIE SM 13,517 30,000 3,914.96 7.66 NIA-1 NIA-1 NIA-1 0.00 NIA-1 14 500-102-08-00-2 ROUNSAVILL STEVEN A & NORN E M SM 13,501 30,000 3,914.96 7.66 NIA-1 NIA-1 N/A-1 0.00 NIA-1 15 500-102-09-00-5 CITY OF BAKERSFIELD SM 0 0 0.00 N/A-1 0 0 0 0.00 N/A-1 16 500-103-01-00-8 WHITE JOHN R SM 1,517 30,000 3,914.96 7.66 NIA-1 NIA-1 N/A-1 000 N/A-1 17 500-103-02-00-1 HEREDIA JOSE SM 1,517 30,000 3,914.96 7.66 NIA-1 NIA-1 NIA-1 0.00 NIA-1 18 500-103-03-00-4 BARNES FAMILY TR SM 1,517 30,000 3,914.96 7.66 NIA-1 N/A-1 N/A-1 0.00 N/A-1 19 500-103-04-00-7 PALLA DOUGLAS S & SUSAN SM 1,517 30,000 3,914.96 7.66 NIA-1 N/A-1 NIA-1 0.00 NIA-1 20 500-103-05-00-0 HILBERG ALAN & KATHY SM 1,517 30,000 3,914.96 7.66 NIA-1 NIA-1 NIA-1 000 NIA-1 21 500-103-06-00-3 EICKENHORST SANDRA L SM 1,517 30,000 3,914.96 7.66 NIA-1 NIA-1 NIA-1 0.00 NIA-1 22 500-1 03-07-00-6 LOVEALL 2004 LIVING TR SM 1,517 30,000 3,914.96 7.66 NIA-1 NIA-1 NIA-1 0.00 NIA-1 23 500-103-08-00-9 GRUMLING CONSTANCE S & DUANE P SM 1,517 30,000 3,914.96 7.66 NIA-1 N/A-1 NIA-1 0.00 NIA-1 24 500-103-09-00-2 TRIEU YOUNG & MARIE S SM 1,517 30,000 3,914.96 7.66 N/A-1 N/A-1 NIA-1 000 NIA-1 25 500-103-10-00-4 BARKER BRUCE & CONCEPTION SM 1,517 30,000 3,914.96 7.66 NIA-1 NIA-1 NIA-1 0.00 NIA-1 26 500-103-11-00-7 HOWARD CHARLES & CARMEN SM 1,517 30,000 3,914.96 7.66 NIA-1 N/A-1 N/A-1 0.00 N/A-1 27 500-103-12-00-0 LANZER MARTIN J & ANGELE SM 1,517 30,000 3,914.96 7.66 NIA-1 N/A-1 N/A-1 0.00 N/A-1 28 500-103-13-00-3 BOLINGER C DWAYNE & MARY E SM 1,517 30,000 3,914.96 7.66 NIA-1 N/A-1 N/A-1 0.00 NIA-1 29 500-104-01-00-5 BONAS MATTHEW SM 13,517 30,000 3,91496 7.66 N/A-1 N/A-1 NIA-1 000 NIA-1 30 500-104-02-00-8 BELL DOUGLAS S & CELIA T SM 13,517 30,000 3,914.96 7.66 NIA-1 N/A-1 NIA-1 0.00 NIA-1 31 500-105-01-00-2 CLEMENT MARY A & WAYNE L SM 1.517 30,000 3,914.96 7.66 N/A-1 N/A-1 N/A-1 0.00 NIA-1 32 500-105-02-00-5 BELL RAY & CAROLINE SM 1,517 30,000 3,914.96 7.66 NIA-1 NIA-1 N/A-1 0.00 NIA-1 33 500-105-03-00-8 CARRASCO TERESA A SM 1,517 30,000 3,914.96 7.66 N/A-1 N/A-1 N/A-1 0.00 N/A-1 34 500-105-04-00-1 VU MAU THANH & NGUYEN THUHOA THI SM 1,517 30,000 3,914.96 7.66 N/A-1 NIA-1 N/A-1 0.00 N/A-1 35 500-105-05-00-4 CATHERMAN JAMES J & LAURA A SM 1,517 30,000 3,914.96 7.66 N/A-1 NIA-1 NIA-1 0.00 N/A-1 36 500-105-06-00-7 ELBAUM MINDY SM 1,517 30,000 3,914.96 7.66 N/A-1 N/A-1 N/A-1 0.00 NIA-1 37 500-105-07-00-0 CASTRO SILVANO & MARIA E SM 1,517 30,000 3,914.96 766 N/A-1 NIA-1 N/A-1 000 NIA-1 38 500-105-08-00-3 NEUFELD RONALD & GAIL SM 1,517 30,000 3,914.96 766 N/A-1 N/A-1 N/A-1 0.00 N/A-1 39 500-105-09-00-6 HARGREAVES ROD A & SUZIE R SM 1,517 30,000 3,914.96 7.66 N/A-1 N/A-1 N/A-1 000 N/A-1 40 500-105-10-00-8 PISANO THOMAS JR SM 1,517 30,000 3,91496 766 N/A-1 N/A-1 N/A-1 000 N/A-1 41 500-105-11-00-1 ROLAND ALBERT LEE & MARGARET SM 1,517 30,000 3,914.96 7.66 N/A-1 N/A-1 N/A-1 000 N/A-1 42 500-105-12-00-4 CHEN SEUNG RIM Y & AGAPE LOVE SM 13,517 30,000 3,914.96 7.66 N/A-1 N/A-1 N/A-1 000 N/A-1 43 500-105-13-00-7 GEIGER JOHN R & SUSAN M SM 13,517 30,000 3,914.96 7.66 NIA-1 N/A-1 N/A-1 0.00 N/A-1 44 500-105-14-00-0 DI GIOVANNA MARK N & CLEMENT RAQUEL B SM 13,517 30,000 3,914.96 7.66 N/A-1 N/A-1 N/A-1 0.00 N/A-1 45 Deleted from the Roll by Amendment No 2 -See note (10) BII N/A-4 N/A-4 N/A-4 N/A-4 N/A-4 N/A-4 N/A-4 N/A-4 N/A-4 46 496-410-01-00-7 WHITE ROGER L & VOLONEY A BII N/A-4 N/A-4 N/A-4 N/A-4 64,292 352,445 416,737 2,133.22 19536 47 496-410-02-00-0 BEHRENS REV LlV TR BII N/A-4 N/A-4 N/A-4 N/A-4 93,266 279,799 373,065 2,133.22 174.88 48 496-410-03-00-3 OZUNA RUBEN & ERME LINDA BII N/A-4 N/A-4 N/A-4 N/A-4 76.199 364,713 440,912 2,13322 206.69 49 496-410-04-00-6 RIGBY KURT & MICHELLE FAM TR BII N/A-4 N/A-4 N/A-4 N/A-4 109,118 327,354 436,472 2,13322 204.61 50 496-410-05-00-9 BURTON BRUCE C & RUTH BII N/A-4 N/A-4 N/A-4 N/A-4 86,585 458,392 544,977 2,133.22 255.47 51 496-410-06-00-2 GUINN TIMOTHY L & GINA P BII N/A-4 N/A-4 N/A-4 N/A-4 86,832 432,666 519,498 2,133.22 243.53 52 496-410-07-00-5 LUTREL FAMILY TRUST BII N/A-4 N/A-4 N/A-4 N/A-4 169,737 305,527 475,264 2,133.22 222.79 53 496-410-08-00-8 MATHENY SCOT M & SHELEY R BII ~1/A-4 N/A-4 N/A-4 N/A-4 115,585 346,756 462,341 2,133.22 216.73 54 496-410-09-00-1 HUTCHISON FREDDIE LEE & CHRISTINA RAE BII N/A-4 N/A-4 N/A-4 N/A-4 123,993 371,978 495,971 2,133.22 232.50 55 496-410-10-00-3 KROMER JAMES C & VIVIAN M BII N/A-4 N/A-4 N/A-4 N/A-4 112,786 338,359 451,145 2,133.22 211.49 56 496-410-11-00-6 PARKER WILLIE L SR & MATTIE L REV TR BII NfA-4 NfA-4 N/A-4 N/A-4 91,083 512,522 603,605 2,133.22 282.95 57 496-410-12-00-9 SINGH HARVINDER BII N/A-4 N/A-4 NfA-4 N/A-4 120.000 288,000 408,000 2,133.22 191.26 58 496-410-13-00-2 KETCHUM GREGORY E & CHERYL L BII N/A-4 N/A-4 N/A-4 N/A-4 81,254 309,003 390,257 2,133.22 182.94 59 496-410-14-00-5 HORWEDEL GERALD C & BRENDA L BII N/A-4 NfA-4 N/A-4 N/A-4 101,618 304,854 406,472 2,133.22 190.54 60 496-410-15-00-8 ALLEN LOUIS C JR BII N/A-4 N/A-4 N/A-4 N/A-4 162,522 324,639 487,161 2,23107 218.35 292400-E 8/412010 APPENDIX E ANNUAL REPORT NO, 14 CURRENT ASSESSMENT AND ASSESSOR'S VALUE DATA CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO, 96-1 ORIGINAL VALUE/LIEN DATA AS OF 12/96 PARCEL CURRENT ASSESSMENT AND (NOT UPDATED TO CURRENT YEAR VALUES) ASSESSOR'S VALUE DATA FOR FISCAL YEAR ENDING 06/30/10 DIST ASSESSOR'S APPRAISED AD 96-1 APPRAISED ASSESSOR'S ASSESSOR'S TOTAL VALUES REMAINING ASSESSOR'S AD 96-1 ASSESSOR'S AREA LAND RETAIL ASSESSMENT VALUE 1 LAND IMPROVEMENT (ASSESSOR'S LAND ASSESSMENT VALUE 1 ASSESSMENT TAX NUMBER (ATN) CODE VALUE 111 VALUE 12\ AMOUNT (3) LIEN 14\ VALUE 15\ VALUE 15\ + IMPROVEMENT\l5\ BALANCE 16\ LIEN (7) NUMBER OR DESCRIPTION OWNER'S NAME (5) 18\ COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 COLUMN 9 61 496-41 0-16-00-1 ARAGON BRADLEY R & LORI A BII NIA-4 N/A-4 N/A-4 NIA-4 110,410 331,229 441,639 2,13322 207.03 62 496-410-17-00-4 FANUCCHI THOMAS M & KAYE B BII NIA-4 N/A-4 N/A-4 NIA-4 61,845 327,916 389,761 2,133.22 182.71 63 496-410-18-00-7 KEHOE PATRICK N & MICHELE A BII NIA-4 N/A-4 N/A-4 NIA-4 89,758 383,165 472,923 2,133.22 221.69 64 496-410-19-00-0 BARNES FAMILY TR BII NIA-4 N/A-4 N/A-4 NIA-4 84,112 574,463 658,575 2,133.22 308.72 65 496-410-20-00-2 DAKE SENDE BII NIA-4 N/A-4 N/A-4 NIA-4 150,000 551,000 701,000 2,13322 328.61 66 496-410-21-00-5 BARTON ROBERT & SUSAN BII NIA-4 N/A-4 N/A-4 NIA-4 66,794 289,051 355,845 2,133.22 166.81 67 496-410-22-00-8 BIANCHI JOHN C & KIMBERLY A BII NIA-4 N/A-4 N/A-4 NIA-4 66,794 352,445 419,239 2,13322 196.53 68 496-41 0-23-00-1 TANGRI RAJIV KUMAR BII NIA-4 N/A-4 N/A-4 NIA-4 102,845 308,534 411,379 2,13322 192.84 69 Deleted from the Roll by Amendment NO.2 -See note (10) BII NIA-4 N/A-4 NIA-4 NIA-4 N/A-4 N/A-4 NIA-4 0.00 NIA-4 70 496-410-24-00-4 BRIMHALL CLASSICS HOMEOWNERS ASSN BII N/A-4 N/A-4 NIA-4 NIA-4 0 0 0 000 NIA-1 71 496-410-25-00-7 BRIMHALL CLASSICS HOMEOWNERS ASSN BII NIA-4 N/A-4 NIA-4 NIA-4 0 0 0 000 NIA-1 72 496-410-26-00-0 BRIMHALL CLASSICS HOMEOWNERS ASSN BII NIA-4 N/A-4 NIA-4 NIA-4 0 0 0 0.00 N/A-1 73 496-410-27-00-3 BRIMHALL CLASSICS HOMEOWNERS ASSN BII NIA-4 N/A-4 NIA-4 NIA-4 0 0 0 0.00 N/A-1 74 496-410-28-00-6 BRIMHALL CLASSICS HOMEOWNERS ASSN BII NIA-4 NIA-4 NIA-4 NIA-4 0 0 0 0.00 N/A-1 75 496-410-29-00-9 BRIMHALL CLASSICS HOMEOWNERS ASSN BII N/A-4 N/A-4 NIA-4 NIA-4 0 0 0 0.00 NIA-1 76 496-410-30-00-1 BRIMHALL CLASSICS HOMEOWNERS ASSN BII N/A-4 N/A-4 NIA-4 NIA-4 0 0 0 000 N/A-1 77 496-410-31-00-4 BRIMHALL CLASSICS HOMEOWNERS ASSN BII NIA-4 NIA-4 NIA-4 NIA-4 0 0 0 000 NIA-1 78 496-410-32-00-7 BRIMHALL CLASSICS HOMEOWNERS ASSN BII N/A-4 NIA-4 NIA-4 NIA-4 0 0 0 0.00 N/A-1 79 496-410-33-00-0 BRIMHALL CLASSICS HOMEOWNERS ASSN BII NIA-4 N/A-4 NIA-4 NIA-4 0 0 0 0.00 N/A-1 80 496-431-01-00-0 ESTRADA JAMES & LOURDES FAM TR BII NIA-4 N/A-4 NIA-4 NIA-4 72,260 389,356 461,616 2,13322 216.39 81 496-431-02-00-3 STILES TRAVIS BII NIA-4 N/A-4 NIA-4 NIA-4 114,595 343,784 458,379 2,133.22 214.88 82 496-431-03-00-6 GALLEGOS DANIEL M & CINDY M BII NIA-4 N/A-4 NIA-4 NIA-4 95,000 413,000 508,000 2,13322 238.14 83 496-431-04-00-9 PAWLOWSKI MERRY M BII NIA-4 NIA-4 NIA-4 NIA-4 91,679 315,533 407,212 2,133.22 190.89 84 496-431-05-00-2 KREICK JOHN G & BARRIENTE KREICK ALiNDA BII NIA-4 N/A-4 NIA-4 NIA-4 88,694 266,081 354,775 2,13322 166.31 85 496-431-06-00-5 TAYLOR EDWARD C & PATRICIA J BII NIA-4 N/A-4 NIA-4 NIA-4 99,569 298,707 398,276 2,133.22 186.70 86 496-431-07-00-8 UNRUH MARILYNN B BII NIA-4 N/A-4 NIA-4 NIA-4 113,232 339,697 452,929 2,13322 212.32 87 496-431-08-00-1 SCHERER JOHN & JULIA BII NIA-4 N/A-4 NIA-4 NIA-4 40,139 141,972 182,111 2,133.25 85.37 88 496-431-09-00-4 INGRAM LANE 0 & LISA BII NIA-4 N/A-4 NIA-4 NIA-4 125,000 372,000 497,000 2,159.91 230.10 89 496-431-10-00-6 MALTONE FAMILY TRUST BII NIA-4 N/A-4 NIA-4 NIA-4 93,385 263,819 357,204 2,139.99 16692 90 496-431-11-00-9 POLSON JACK A & CHRISTY C 2006 TR BII NIA-4 N/A-4 NIA-4 NIA-4 86,225 287,229 373,454 2,13999 174.51 91 496-431-12-00-2 GALLEGO lAIN & MARIA L BII NIA-4 N/A-4 NIA-4 NIA-4 106,605 319,814 426,419 2,13999 19926 92 496-431-13-00-5 HENDERSON ALLAN P & ELIZABETH A REV TR BII BII NIA-4 N/A-4 NIA-4 NIA-4 112,031 336,094 448,125 2.13999 20941 93 496-441-01-00-3 ABERNATHY MARK & CATHERINE M BII NIA-4 NIA-4 NIA-4 NIA-4 110,849 332,547 443,396 2,13999 20720 94 496-441-02-00-6 LARI DAVID A & MARTI L BII NIA-4 NIA-4 NIA-4 NIA-4 115,863 347,589 463,452 2,13999 216.57 95 496-441-03-00-9 BELL LORA LEE & MARK BII NIA-4 N/A-4 NIA-4 NIA-4 118,177 354,532 472,709 2,25888 20927 96 496-442-01-00-0 FLOYD CURTIS E & JENNIFER C BII NIA-4 NIA-4 NIA-4 NIA-4 118,359 355,078 473,437 2,13999 22123 97 496-442-02-00-3 JOHNSON RICHARD 0 & GAIL FMLY TR BII NIA-4 N/A-4 NIA-4 NIA-4 86,225 314,599 400,824 2,139.99 187.30 98 496-443-01-00-7 SOUKUP GREGORY R & REID DEBORAH A BII NIA-4 N/A-4 NIA-4 NIA-4 141,619 240,360 381,979 2,13999 178.50 99 496-443-02-00-0 ORTIZ LILIA BII NIA-4 N/A-4 NIA-4 NIA-4 71,439 458,435 529,874 2,13999 247.61 100 496-442-03-00-6 MANJU SALEEM & ARSHIYA K BII NIA-4 N/A-4 NIA-4 NIA-4 107,881 323,643 431,524 2,13999 20165 101 496-442-04-00-9 MOJIBI DARIUS ALI & CATHERINE BII N/A-4 N/A-4 NIA-4 NIA-4 112,214 336,641 448,855 2,13999 20975 102 496-442-05-00-2 BILLINGSLEY KENNETH W & LISA R BII N/A-4 NIA-4 NIA-4 NIA-4 86,225 396,502 482,727 2,139.99 225.57 103 496-432-01-00-7 SEBEK MARTIN & ANN CHRISTIN E BII NIA-4 N/A-4 NIA-4 NIA-4 104,150 312,451 416,601 2,13999 194.67 104 496-432-02-00-0 BENNETT DOUGLAS W & GERALDINE L BII N/A-4 NIA-4 NIA-4 NIA-4 87,823 190,675 278,498 2,13999 13014 105 496-432-03-00-3 WHITE JOHN R & DIANE R BII N/A-4 NIA-4 N/A-4 NIA-4 87,823 354,629 442,452 2,13999 206.75 106 496-432-04-00-6 BOYER RICHARD A & KATHLEEN I BII N/A-4 NIA-4 NIA-4 NIA-4 101,429 528,795 630,224 2.139.99 294.50 107 496-432-05-00-9 PANERO DAN & SALLY REV TR BII N/A-4 NIA-4 NIA-4 NIA-4 122,599 367,797 490,396 2,139.99 229.16 108 496-432-06-00-2 LANE GERALD & ALMA BII NIA-4 NIA-4 N/A-4 NIA-4 125,000 525,000 650,000 2,13999 303.74 109 496-432-07-00-5 HEIDRICH KENNETH E & MELEIA A BII N/A-4 NIA-4 N/A-4 NIA-4 113,193 402,965 516,158 2,139.99 24120 110 496-432-08-00-8 WILLOUGHBY MITCHELL & LAURA BII N/A-4 NIA-4 N/A-4 NIA-4 99,673 299,018 398,691 2,13999 186.31 111 496-432-09-00-1 ODOM MARK R & NICOLES BII N/A-4 NIA-4 N/A-4 N/A-4 125,000 433,000 558,000 2,13999 260.75 112 Deleted from the Roll by Amendment NO.7 -See note (15) BII NIA-4 NIA-4 N/A-4 NIA-4 NIA-4 NIA-4 N/A-4 0.00 NIA-4 113 496-420-03-00-6 BRIMHALL CLASSICS HOMEOWNERS ASSN BII N/A-4 NIA-4 N/A-4 N/A-4 0 0 0 000 NIA-1 114 496-420-02-00-3 BRIMHALL CLASSICS HOMEOWNERS ASSN BII N/A-4 NIA-4 N/A-4 NIA-4 0 0 0 000 NIA-1 115 496-431-14-00-8 CITY OF BAKERSFIELD, BII N/A-4 NIA-4 N/A-4 N/A-4 0 0 0 0.00 N/A-1 116 496-432-10-00-3 BRIMHALL CLASSICS HOMEOWNERS ASSN BII NIA-4 N/A-4 N/A-4 N/A-4 0 0 0 0.00 N/A-1 117 496-442-06-00-5 BRIMHALL CLASSICS HOMEOWNERS ASSN BII N/A-4 N/A-4 N/A-4 N/A-4 0 0 0 0.00 N/A-1 118 496-443-03-00-3 CITY OF BAKERSFIELD BII N/A-4 N/A-4 N/A-4 N/A-4 0 0 0 0.00 N/A-1 119 Del~~e2~~~0~ot~_~~~11 b~ A~~;dNn;';;'~~"c¢o~ee note (12) CP NIA-4 N/A-4 N/A-4 N/A-4 N/A-4 N/A-4 N/A-4 000 N/A-4 120 CP NIA-4 NIA-4 N/A-4 N/A-4 45,280 134,028 179,308 1,171.03 1,171.03 153.12 292400-E 8/4/2010 APPENDIX E ANNUAL REPORT NO, 14 CURRENT ASSESSMENT AND ASSESSOR'S VALUE DATA CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO, 96.1 ORIGINAL VALUE/LIEN DATA AS OF 12/96 PARCEL CURRENT ASSESSMENT AND (NOT UPDATED TO CURRENT YEAR VALUES) ASSESSOR'S VALUE DATA,FOR FISCAL YEAR ENDING 06/30/10 DIST. ASSESSOR'S APPRAISED AD 96-1 APPRAISED ASSESSOR'S ASSESSOR'S TOTAL VALUES REMAINING ASSESSOR'S AD 96-1 ASSESSOR'S AREA LAND RETAIL ASSESSMENT VALUE 1 LAND IMPROVEMENT (ASSESSOR'S LAND ASSESSMENT VALUE 1 ASSESSMENT TAX NUMBER (ATN) CODE VALUE 11\ VALUE 12\ AMOUNT (3) LIEN 14\ VALUE (51 VALUE 151 + IMPROVEMENT)(S BALANCE (6) LIEN (7) NUMBER OR DESCRIPTION OWNER'S NAME 15\ 18\ COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 COLUMN 9 121 392-380-02-00-5 SABLAN JOSE & DEBRA CP NIA-4 NIA-4 NIA-4 NIA-4 27,463 138,466 165,929 1,496,41 110.88 122 392-380-03-00-8 MURILLO LILIA CP NIA-4 NIA-4 NIA-4 NIA-4 27,463 151,243 178,706 1,171.03 152.61 123 392-380-04-00-1 OELKE DOUGLAS L & EMILY CP NIA-4 NIA-4 NIA-4 NIA-NIA-4 50,000 60,321 110,321 1,171.03 94.21 124 392-380-05-00-4 HERNANDEZ ALEX & PATRICIA CP NIA-4 NIA-4 NIA-4 NIA-4 40,000 70,321 110,321 1,171.03 94.21 125 392-380-06-00-7 GARCIA SANTILLAN MARIA TERESA CP NIA-4 NIA-4 NIA-4 NIA-4 33,767 118,184 151,951 1,171.03 129.76 126 392-380-07 -00-0 RANUSCHIO MICHELLE CP NIA-4 NIA-4 NIA-4 NIA-4 28,699 146,753 175,452 1,171.03 149.83 127 Deleled from the Roll by Amendment NO.5 -See note (13) CP NIA-4 NIA-4 NIA-4 NIA-4 NIA-4 NIA-4 NIA-4 0.00 NIA-4 128 392-010-19-00-7 I CASTLE & COOKE INC CP NIA-4 NIA-4 NIA-4 NIA-4 0 0 0 000 NIA-1 129 Deleted from the Roll by Amendment NO.5 -See note (13) CP NIA-4 NIA-4 NIA-4 NIA-4 NIA-4 NIA-4 NIA-4 0.00 NIA-4 130 392-391-01-00-2 DIAZ LUIS JR CP NIA-4 NIA-4 NIA-4 NIA-4 50,000 60,232 110,232 1,171.03 94.13 131 392-391-02-00-5 RAMBOLlVTR CP NIA-4 NIA-4 NIA-4 NIA-4 24,287 99,586 123,873 1,171.03 105.78 132 392-391-03-00-8 TAYLOR MICHAEL J CP NIA-4 NIA-4 NIA-4 NIA-4 24,287 109,302 133,589 1,171.03 114.08 133 392-391-04-00-1 PRIETO OSCAR & TAMMY CP NIA-4 NIA-4 NIA-4 NIA-4 24,287 133,035 157,322 1,171.03 134.34 134 392-391-05-00-4 DELA ROCA AMBROSIO P JR & GENARA CP NIA-4 NIA-4 NIA-4 NIA-4 28,451 125,662 154,113 1,171.03 131.60 135 392-391-06-00-7 BRANDON CHARLENE CP NIA-4 NIA-4 NIA-4 NIA-4 24,287 85,012 109,299 1,171.03 93.34 136 392-391-07-00-0 JOHNSON CHARLES A & MARIAN CP NIA-4 NIA-4 NIA-4 NIA-4 24,287 131,163 155,450 1,171.03 132.75 137 392-391-08-00-3 ROSSI RONDA J CP NIA-4 NIA-4 NIA-4 NIA-4 18,655 172,788 191,443 1,171.03 163.48 138 392-391-09-00-6 KORSGAARD CONNIE CP NIA-4 NIA-4 NIA-4 NIA-4 50,000 90,312 140,312 1,171.03 119.82 139 392-391-10-00-8 AGUILERA MARTHA L CP NIA-4 NIA-4 NIA-4 NIA-4 24,287 141,365 165,652 1,171.03 141.46 140 392-391-11-00-1 MASTRONCINQUE VITTORIO & NORMA CP NIA-4 NIA-4 NIA-4 NIA-4 26,713 147,160 173,873 1,171.03 148.48 141 392-391-12-00-4 CAMACHO MARCOS R & VASQUEZ EVA CP NIA-4 NIA-4 NIA-4 NIA-4 20,035 134,805 154,840 1,171.03 132.23 142 392-391-13-00-7 GRAY DON J & MARIANNE CP NIA-4 NIA-4 NIA-4 NIA-4 24,287 85,012 109,299 1,171.03 93.34 143 392-391-14-00-0 TURNER CAROLE A TRUST CP NIA-4 NIA-4 NIA-4 NIA-4 28,609 139,048 167,657 1,171.03 143.17 144 392-391-15-00-3 BECKER ROGER A CP NIA-4 NIA-4 NIA-4 NIA-4 38,068 113,342 151,410 1,236.08 122.49 145 392-391-16-00-6 AHART JUSTIN CP NIA-4 NIA-4 NIA-4 NIA-4 50,000 90,312 140,312 1,171.03 119,82 146 392-392-01-00-9 SOTELO JAVIER & VERA CP NIA-4 NIA-4 NIA-4 NIA-4 24,287 99,463 123,750 1,171.03 105.68 147 392-391-17-00-9 CITY OF BAKERSFIELD CP NIA-4 NIA-4 NIA-4 NIA-4 0 0 0 0.00 NIA-1 148 392-392-02-00-2 CITY OF BAKERSFIELD CP NIA-4 NIA-4 NIA-4 NIA-4 0 0 0 000 NIA-1 149 Deleted from the Roll by Amendment No 6 -See note (14) CP NIA-4 NIA-4 NIA-4 NIA-4 NIA-4 NIA-4 NIA-4 000 NIA-4 150 Deleted from the Roll b Amendment NO.9 See note (17) CP NIA-4 NIA-4 NIA-4 NIA-4 NIA-4 NIA-4 NIA-4 0.00 NIA-4 151 392-400-0 1-00-7 GROVE DAN P CP NIA-4 NIA-4 NIA-4 NIA-4 27,817 82,160 109,977 1,171.03 93.91 152 392-400-02-00-0 RANDOLPH ROBERT T & DONNA L CP NIA-4 NIA-4 NIA-4 NIA-4 27,401 82,207 109,608 1,171.03 93.60 153 392-400-03-00-3 AZIMPOUR JAVAD CP NIA-4 NIA-4 NIA-4 NIA-4 22,885 92,814 115,699 1,171.03 98.80 154 392-400-04-00-6 LOWE DANIEL CP NIA-4 NIA-4 NIA-4 NIA-4 27,060 82,984 110,044 1,17103 93.97 155 392-400-05-00-9 RODRIGUEZ ERNESTO & ENA CP NIA-4 NIA-4 NIA-4 NIA-4 50,000 60,232 110,232 1,171.03 94.13 156 392-400-06-00-2 IBARRA HECTOR ROCHA CP NIA-4 NIA-4 NIA-4 NIA-4 50,000 108,000 158,000 1,17103 134.92 157 392-400-07-00-5 WHITESTONE STEVE E & MICHELE R CP NIA-4 NIA-4 NIA-4 NIA-4 50,000 111,227 161,227 1,17103 137.68 158 392-400-08-00-8 EDGAR STACY A CP NIA-4 NIA-4 NIA-4 NIA-4 50,000 123,027 173,027 1,17103 147.76 159 392-400-09-00-1 BEARD JENNIFER LYNN CP NIA-4 NIA-4 NIA-4 NIA-4 50,000 130,491 180,491 1,171.03 154.13 160 392-400-1 0-00-3 IMAMURA DOUGLAS M & KARl L CP NIA-4 NIA-4 NIA-4 NIA-4 24,287 115,373 139,660 1,171.03 119.26 161 392-400-11-00-6 CAZARES GLADYS CP NIA-4 NIA-4 NIA-4 NIA-4 24,287 93,513 117,800 1,17103 100.60 162 392-400-12 -00-9 ROSEBROUGH ROBERT E CP NIA-4 NIA-4 NIA-4 NIA-4 26,713 114,158 140,871 1,171.03 120.30 163 392-400-13-00-2 MC DONALD CYNTHIA CP NIA-4 NIA-4 NIA-4 NIA-4 50,000 60,232 110,232 1,17103 94.13 164 392-400-14-00-5 FARRIS SAMUEL Mill & ALLISON M CP NIA-4 NIA-4 NIA-4 NIA-4 24,287 93,513 117,800 1,171.03 100.60 165 392-400-15-00-8 POLLARD DON C CP NIA-4 NIA-4 NIA-4 NIA-4 26,713 119,625 146,338 1,17103 124.97 166 392-400-16-00-1 VEJARANO DAVID P & AMY G CP NIA-4 NIA-4 NIA-4 NIA-4 24,287 122,054 146,341 1,291.39 113.32 167 392-400-17-00-4 CONLEY GARY CP NIA-4 NIA-4 NIA-4 NIA-4 50,000 90.312 140,312 1,171.03 119.82 168 392-400-18-00-7 OLEGARIO ROYAMOL C CP NIA-4 NIA-4 NIA-4 NIA-4 50,000 60,232 110,232 1,17103 94.13 169 392-400-19-00-0 CITY OF BAKERSFIELD CP NIA-4 NIA-4 NIA-4 NIA-4 0 0 0 000 NIA-1 170 392-400-20-00-2 CITY OF BAKERSFIELD CP NIA-4 NIA-4 NIA-4 N/A-4 0 0 0 000 NIA-1 171 Deleted from the Roll by Amendment NO.9 -See note (17) CP NIA-4 NIA-4 NIA-4 N/A-4 NIA-4 NIA-4 NIA-4 000 NIA-4 172 392-411-01-00-7 LOERA IMELDA CP NIA-4 NIA-4 NIA-4 NIA-4 50,000 90,312 90,312 140,312 1,171.03 119.82 173 392-411-02 -00-0 GORAYA MOHAMMAD I & ANWAR A CP NIA-4 NIA-4 NIA-4 NIA-4 69,449 205,533 274,982 1,171.03 234.82 174 392-411-03-00-3 MORRIS ROBERT & DAWN CP NIA-4 NIA-4 NIA-4 NIA-4 30,919 76,111 107,030 1.17103 91.40 175 392-411-04-00-6 SILVA MARTIN & BRENDA CP NIA-4 NIA-4 NIA-4 NIA-4 26,623 83,422 110,045 1,171.03 93.97 176 392-411-05-00-9 PILSHAW MELISSA S CP NIA-4 NIA-4 NIA-4 NIA-4 19,961 90,083 110,044 1,171.03 93.97 177 392-411-06-00-2 JONES NATHAN & MICHELLE CP NIA-4 NIA-4 NIA-4 NIA-4 40,000 100,312 140,312 1,17103 119.82 178 392-411-07-00-5 COMSTOCK ANNETTE M CP NIA-4 NIA-4 NIA-4 NIA-4 26,519 125,530 152,049 1,17103 12984 179 392-411-08-00-8 FOREMAN KIMBERLY CP NIA-4 NIA-4 NIA-4 NIA-4 50,000 63,000 113,000 1,17103 96.50 180 392-411-09-00-1 MERRIFIELD MARK & CHARLOTTE CP NIA-4 NIA-4 NIA-4 NIA-4 50,000 60,232 110,232 1,171.03 94.13 292400-E 81412010 APPENDIX E ANNUAL REPORT NO. 14 CURRENT ASSESSMENT AND ASSESSOR'S VALUE DATA CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO. 96·1 ORIGINAL VALUE/LIEN DATA AS OF 12/96 PARCEL CURRENT ASSESSMENT AND (NOT UPDATED TO CURRENT YEAR VALUES) ASSESSOR'S VALUE DATA FOR FISCAL YEAR ENDING 06/30/10 DIST ASSESSOR'S APPRAISED AD 96-1 APPRAISED ASSESSOR'S ASSESSOR'S TOTAL VALUES REMAINING ASSESSOR'S AD 96-1 ASSESSOR'S AREA LAND RETAIL ASSESSMENT VALUE 1 LAND IMPROVEMENT (ASSESSOR'S LAND ASSESSMENT VALUE 1 ASSESSMENT TAX NUMBER (ATN) CODE VALUE I,) VALUE (2) AMOUNT (3) LIEN (4) VALUE 15\ VALUE (5) • IMPROVEMENT\IS1 BALANCE (6) LIEN (7\ NUMBER OR DESCRIPTION OWNER'S NAME (5) 181 COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 COLUMN 9 181 392-411-10-00-3 NELSON CRAIG CP N/A-4 N/A-4 N/A-4 N/A-4 39,905 99,783 139,668 1,17103 119.27 182 392-412-01-00-4 REYES SERGIO CP N/A-4 N/A-4 N/A-4 N/A-4 50,000 130,491 160,491 1,17103 154.13 183 392-412-02-00-7 MELLON MICHAEL CP N/A-4 N/A-4 N/A-4 N/A-4 50,000 60,232 110,232 1,17103 94.13 184 392-412-03-00-0 HARRIS RALPH & RATTANADECH KOTHCHKORN CP N/A-4 N/A-4 N/A-4 N/A-4 50,000 90,000 140,000 1,17103 119.55 185 392-412-04-00-3 DUBRALL VINCENT & LETICIA CP N/A-4 N/A-4 N/A-4 N/A-4 38,600 99,588 138,188 1,171.03 118.01 186 392-412-05-00-6 IRVING CHRISTOPHER & ELIZABETH CP N/A-4 N/A-4 N/A-4 N/A-4 22,612 87,063 109,675 1,171.03 93.66 187 392-412-06-00-9 BROWN LEE W & KATHLEEN A CP N/A-4 N/A-4 N/A-4 N/A-4 50,000 63,000 113,000 1,17103 96.50 188 392-413-01-00-1 ROSA MANUEL G JR CP N/A-4 N/A-4 N/A-4 N/A-4 50,000 57,108 107,108 1,171.03 91.46 189 392-413-02-00-4 MENDEZ JORGE & NORA CP N/A-4 N/A-4 N/A-4 N/A-4 24,287 99,586 123,873 1,17103 105.78 190 496-450-01-00-9 JACOBSON AARON D & KRISTINE M BII N/A-4 N/A-4 N/A-4 N/A-4 101,882 305,647 407,529 2,139.99 190.44 191 496-450-02-00-2 PORTER ROBERT W & LOURDES G TRUST BII N/A-4 N/A-4 N/A-4 N/A-4 98,009 294,027 392,036 2,139.99 183.20 192 496-450-03-00-5 REWERTS CARL R & KAREN D BII N/A-4 N/A-4 N/A-4 N/A-4 132,096 336,846 468,942 2,139.99 219.13 193 496-450-04-00-8 DOYLE ERMEL D JR & CYNTHIA BII N/A-4 N/A-4 N/A-4 N/A-4 111,806 343,156 454,962 2,139.99 212.60 194 496-450-05-00-1 COLLUP STEVEN C & ATHENA M BII N/A-4 N/A-4 N/A-4 N/A-4 73,310 400,760 474,070 2,139.99 221.53 195 496-450-06-00-4 PRICE BRETT L BII N/A-4 N/A-4 N/A-4 N/A-4 123,209 369,628 492,837 2,13999 230.30 196 496-450-07-00-7 RINK OLIVER A & NANCY BII N/A-4 N/A-4 N/A-4 N/A-4 115.125 365,375 480,500 2,139.99 224.53 197 496-450-08-00-0 BERNARD DENNIS & JANICE FMLY TR BII N/A-4 N/A-4 N/A-4 N/A-4 97,633 679,811 777,444 2,139.99 363.29 198 496-450-09-00-3 GASKILL PHILLIP L & SUE FMLY TR BII N/A-4 N/A-4 N/A-4 N/A-4 250,000 467,000 717,000 2,139.99 335.05 199 496-450-10-00-5 GRANT THOMAS G & LINDA I' BII N/A-4 N/A-4 N/A-4 N/A-4 82,583 445,025 527,608 2,139.99 24655 200 496-450-11-00-8 WANINGER ERIC A & LINDA A BII N/A-4 N/A-4 N/A-4 N/A-4 101,229 303,688 404,917 2,139.99 189.21 201 496-450-12-00-1 WILLIAMS JAYE C & MELISSA A WINSTON BII N/A-4 N/A-4 N/A-4 N/A-4 66,973 429,762 496,735 2,139.99 232.12 202 496-450-13-00-4 LEDESMA ROD & IRMA BII N/A-4 N/A-4 N/A-4 N/A-4 110,551 331,654 442,205 2,139.99 206.64 203 496-450-14-00-7 WHITE BRYCE L & SANDRA J BII N/A-4 N/A-4 N/A-4 N/A-4 71,439 356,041 427,480 2,13999 19976 204 496-450-15-00-0 HUMPHREY KYLE & COLETTE BII N/A-4 N/A-4 N/A-4 N/A-4 87,547 367,714 455,261 2,13999 212.74 205 496-450-16-00-3 BATARSEH SAMIH BII N/A-4 N/A-4 N/A-4 N/A-4 97,336 292,007 389,343 2,139.99 181.94 206 496-450-17-00-6 WRIGHT MICHAEL T & MELISSA I BII N/A-4 N/A-4 N/A-4 N/A-4 108,385 325,155 433,540 2,139.99 202.59 207 496-450-18-00-9 CAHILL SHAUN D & LANI M BII N/A-4 N/A-4 N/A-4 N/A-4 118,884 356,651 475,535 2,139.99 222.21 208 496-450-19-00-2 RICCOMINI RICK & MELINDA A BII N/A-4 N/A-4 N/A-4 N/A-4 114,896 344,688 459,584 2,139.99 214.76 209 496-450-20-00-4 LUEVANOS ZAVALA EVA M & ZAVALA RICARDO R BII N/A-4 N/A-4 N/A-4 N/A-4 118,989 356,968 475,957 2,139.99 222.41 210 496-450-21-00-7 SALES MA FAMILY TR BII N/A-4 N/A-4 N/A-4 N/A-4 120,432 361,297 481,729 2,139.99 225.11 211 496-450-22-00-0 SHAMBLIN STEVEN S & SHERRY A BII N/A-4 N/A-4 N/A-4 N/A-4 100,297 300,891 401,188 2,139.99 187.47 212 Deleted from the Roll by Amendment No 8 -See note (16) BII N/A-4 N/A-4 N/A-4 N/A-4 N/A-4 N/A-4 N/A-4 0.00 N/A-4 213 496-450-23-00-3 BRIMHALL CLASSICS HOMEOWNERS ASSN BII N/A-4 N/A-4 N/A-4 N/A-4 0 0 0 0.00 N/A-1 214 496-450-24-00-6 CITY OF BAKERSFIELD BII N/A-4 N/A-4 N/A-4 N/A-4 0 0 0 0.00 N/A-1 215 496-460-01-00-2 ROBERTSON GUY E & GRACIELA BII N/A-4 N/A-4 N/A-4 N/A-4 104,861 314,582 419,443 2,14007 195.99 216 496-460-02-00-5 J SANCHEZ LLC BII N/A-4 N/A-4 N/A-4 N/A-4 120,032 360,097 480,129 2,139.99 224.36 217 496-460-03-00-8 BARNES LIVING TR BII N/A-4 N/A-4 N/A-4 N/A-4 85,000 505,000 590,000 2,139.99 275.70 218 496-460-04-00-1 WEAVER DENNIS W & DEBORAH A BII N/A-4 N/A-4 N/A-4 N/A-4 125,851 377,553 503,404 2,139.99 235.24 219 496-460-05-00-4 PATTERSON GORDON & DOROTHY TRUST BII N/A-4 N/A-4 N/A-4 N/A-4 67,996 147,980 215,976 2,139.99 10092 220 496-460-06-00-7 REEVES TODD M & STACY BII N/A-4 4 N/A-4 N/A-4 N/A-4 120,062 360,185 480,247 2,139.99 224.42 221 496-460-07-00-0 NOLAND RICHARD L JR & L SCOTTY BII N/A-4 N/A-4 N/A-4 N/A-4 121,044 363,131 484,175 2,13999 226.25 222 496-460-08-00-3 NETZER SCOTT A & STACIE T BII N/A-4 N/A-4 N/A-4 N/A-4 106,777 320,331 427,108 2,13999 199.58 223 496-460-09-00-6 MOSHER JAMES P & JO ELLEN BUCKLEY AB LlV TR BII N/A-4 N/A-4 N/A-4 N/A-4 120,349 361,046 481,395 2,139.99 224.95 224 496-460-10-00-8 CUNNINGHAM MASTON N BII N/A-4 N/A-4 N/A-4 N/A-4 124,909 374,727 499,636 2,139.99 233.48 225 496-460-11-00-1 GALLAND JOSEPH M & JULIE BII N/A-4 N/A-4 N/A-4 N/A-4 100,720 302,161 402,881 2,139.99 188.26 226 496-460-12-00-4 MILLER MICHAEL A & CATHARINE BII N/A-4 N/A-4 N/A-4 N/A-4 127,470 382,409 509,879 2,139.99 238.26 227 496-460-13-00-7 OWEN WALTER R & LINDA M FMLY TR BII N/A-4 N/A-4 N/A-4 N/A-4 111,848 335,545 447,393 2,139.99 209.06 228 496-460-14-00-0 GLOVER JEFFREY & BEVERLY FAM TR BII N/A-4 N/A-4 N/A-4 N/A-4 119,474 358,422 477,896 2,139.99 223.32 229 496-460-15-00-3 SANCHEZ CARLOS & JUANA FAM TR BII N/A-4 N/A-4 N/A-4 N/A-4 114,016 342,049 456,065 2,139.99 213.12 230 496-460-16-00-6 WEBB FAMILY TRUST BII N/A-4 N/A-4 N/A-4 N/A-4 100,410 301,229 401,639 2,139.99 187.68 231 496-460-17-00-9 MC CARDLE JULIETA BII N/A-4 N/A-4 N/A-4 N/A-4 80,000 497,000 577,000 2,13999 269.63 232 496-460-18-00-2 CRABTREE GARY R & CARMEN R BII N/A-4 N/A-4 N/A-4 N/A-4 131,835 395,504 527,339 2,377.77 221.78 233 496-460-19-00-5 COLEMAN SHUFFORD B & GINA BII N/A-4 N/A-4 N/A-4 N/A-4 116,841 350,524 467,365 2,139.99 218.40 234 498-460-20-00-7 COWELL CHARLES J & CARINNE BII N/A-4 N/A-4 N/A-4 N/A-4 92,713 278,140 370,853 2,139.99 173.30 235 496-460-21-00-0 SOUSA MANUEL 0 & LENORE A FAM TR BII N/A-4 N/A-4 N/A-4 N/A-4 116,237 348,710 464,947 2,139.99 217.27 236 496-460-22-00-3 BEATY RODNEY A & KARIS J BII N/A-4 N/A-4 N/A-4 N/A-4 127,688 383,064 510,752 2,140.16 238.65 237 496-460-23-00-6 BRIMHALL CLASSICS HOMEOWNERS ASSN BII N/A-4 N/A-4 N/A-4 N/A-4 0 0 0 0.00 N/A-1 238 Deleted from the Roll bi Amendment No. 10 -See note (18) CP N/A-4 N/A-4 N/A-4 N/A-4 N/A-4 N/A-4 N/A-4 0.00 N/A-4 239 392-421-01-00-0 MARTINEZ RACHEL THERESE CP N/A-4 N/A-4 N/A-4 N/A-4 50,000 93,057 143,057 1,171.03 122.16 240 392-421-02-00-3 FRANKLIN STEVEN & URSULA CP NlA-4 N/A-4 N/A-4 N/A-4 48,174 57,809 105,983 1,171.03 90.50 292400-E 4 8/4/2010 APPENDIX E ANNUAL REPORT NO. 14 CURRENT ASSESSMENT AND ASSESSOR'S VALUE DATA CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO. 96-1 ORIGINAL VALUE/LIEN DATA AS OF 12/96 PARCEL CURRENT ASSESSMENT AND (NOT UPDATED TO CURRENT YEAR VALUES) ASSESSOR'S VALUE DATA FOR FISCAL YEAR ENDING 06/30/10 DIST ASSESSOR'S APPRAISED AD 96-1 APPRAISED ASSESSOR'S ASSESSOR'S TOTAL VALUES REMAINING ASSESSOR'S AD 96-1 ASSESSOR'S AREA LAND RETAIL ASSESSMENT VALUE 1 LAND IMPROVEMENT (ASSESSOR'S LANO ASSESSMENT VALUE 1 ASSESSMENT TAX NUMBER (ATN) CODE VALUE ('I) VALUE (21 AMOUNT (31 LIEN 141 VALUE (51 VALUE (51 + iMPROVEMENT)(5) BALANCE (6) LIEN 171 NUMBER OR DESCRIPTION OWNER'S NAME (51 (81 COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 COLUMN 9 241 392-421-03-00-6 TUNDRA CORP CP NIA-4 NIA-4 NIA-4 NIA-4 31,918 121,024 152,942 1,17103 130.60 242 392-421-04-00-9 BARTON FMLY TR CP NIA-4 NIA-4 NIA-4 NIA-4 23,811 113,112 136,923 1,17103 116.93 243 392-421-05-00-2 LEAL JOEL II CP NIA-4 NIA-4 NIA-4 NIA-4 50,000 130,491 180,491 1,17103 154.13 244 392-421-06-00-5 UPADHYAYA DINESH & JIGISHA TR CP NIA-4 NIA-4 NIA-4 NIA-4 23,811 130,257 154,068 1,17103 131.57 245 392-421-07-00-8 YUNSOOKH CP NIA-4 NIA-4 NIA-4 NIA-4 50,000 105,634 155,634 1,23608 125.91 246 392-421-08-00-1 JIMENEZ MARCOS & CYNTHIA CP NIA-4 NIA-4 NIA-4 NIA-4 60,000 94,103 154,103 1,17103 131.60 247 392 -421-09-00-4 SHOEMAKER SHELLEY L TR CP NIA-4 NIA-4 NIA-4 NIA-4 29,433 124,599 154,032 1,171.03 131.54 248 392-421-10-00-6 LYONS RAYMOND D & CALDASO LYONS L CP NIA-4 NIA-4 NIA-4 NIA-4 27,212 127,364 154,576 1,171.03 132.00 249 392-421-11-00-9 ACHACOSO ALMA P CP NIA-4 NIA-4 NIA-4 NIA-4 52,925 121,727 174,652 1,171.03 149.14 250 392-421-12-00-2 SHEPARD CYNTHIA CP NIA-4 NIA-4 NIA-4 NIA-4 39,905 96,770 136,675 1,171.03 116.71 251 392-422-01-00-7 MEZA MICHAEL D & DAVINA L CP NIA-4 NIA-4 NIA-4 NIA-4 50,000 108,854 158,854 1,17103 135.65 252 392-422-02-00-0 EBERLY LUPE CP NIA-4 NIA-4 NIA-4 NIA-4 23,809 84,296 108,105 1,171.03 92.32 253 392-422-03-00-3 COLLOM ERIC & LAURIE CP CP NIA-4 NJA-4 NJA-4 NIA-4 23,343 109,378 132,721 1,171.03 11334 254 392-422-04-00-6 ACEVEDO ADRIANA B CP NIA-4 NJA-4 NJA-4 NJA-4 40,000 115,390 155,390 1,17103 132.70 255 392-422-05-00-9 VARGOVICH TERRY & LESLIE CP NIA-4 NIA-4 NJA-4 NJA-4 37,832 130,798 168,630 1,17103 144.00 256 392-422-06-00-2 NEVAREZ ANGIE TR CP NIA-4 NJA-4 NJA-4 NJA-4 23,811 142,283 166,094 1,171.03 141.84 257 392-422-07-00-5 MUTCHLER DOUGLAS J CP NIA-4 NJA-4 NJA-4 NJA-4 23,811 129,187 152,998 1,171.03 130.65 258 392-422-08-00-8 WYLY JEFFERY J & JULIA R CP NJA-4 NJA-4 NJA-4 NJA-4 50,000 147,387 197,387 1,171,03 168.56 259 392-422-09-00-1 TAYLOR RODNEY L CP NIA-4 NJA-4 NJA-4 NJA-4 23,811 164,122 187,933 1,17103 16049 260 392-422-10-00-3 MC CANTS KEITH & LOSSIE CP NJA-4 NJA-4 NIA-4 NIA-4 23,343 108,560 131,903 1,171.03 112.64 261 392-422-11-00-6 MAYEN LUIS EDUARDO & LOUDES M CP NJA-4 NJA-4 NJA-4 NJA-4 31,021 131,590 162,611 1,171.03 138.86 262 392-422-12-00-9 KORINABDOM CP NIA-4 NJA-4 NIA-4 NIA-4 23,811 138,117 161,928 1,171.03 138.28 263 392-422-13-00-2 HERRMANN JUNE D TRUST CP NJA-4 NJA-4 NIA-4 NIA-4 9,657 36,801 46,458 1,171.03 3967 264 392-422-14-00-5 CITY OF BAKERSFIELD CP NJA-4 NJA-4 NIA-4 NIA-4 0 0 0 0.00 NJA-1 265 392-422-15-00-8 CITY OF BAKERSFIELD CP NJA-4 NJA-4 NIA-4 NIA-4 0 0 0 0.00 NJA-1 266 Deleted from the Roll by Amendment No. 12 -See note (20) CP NJA-4 NJA-4 NIA-4 NIA-4 NJA-4 NJA-4 NIA-4 000 NIA-4 267 392-431-01-00-3 JAUCH TRUST CP NJA-4 NJA-4 NIA-4 NIA-4 49,881 97,767 147,648 1,301.14 113.48 268 392-431-02-00-6 MEYERS MARIA TERESA CP NJA-4 NJA-4 NIA-4 NIA-4 23,343 102,724 126,067 1,171.03 10765 269 392 -431-03-00-9 HARVEY FAMILY TRUST CP NJA-4 NJA-4 NIA-4 NIA-4 32,534 130,151 162,685 1,17103 138.92 270 392-431-04-00-2 FERNANDEZ ERWIN L & VILMA R CP NJA-4 NIA-4 NJA-4 NJA-4 50,000 137,484 187,484 1,171.03 160.10 271 392-431-05-00-5 LODERMEIER RICHARD & TAMMY CP NJA-4 NIA-4 NJA-4 NJA-4 40,000 128,488 168,488 1,17103 143.88 272 392 -431-06-00-8 VAIDIANATHA N & RAMAMOORTHY S CP NJA-4 NJA-4 NJA-4 NJA-4 27,463 102,998 130,461 1,171.03 111.41 273 Deleted from the Roll by Amendment No. 11 -See note (19) CP NIA-4 NIA-4 NJA-4 NIA-4 NJA-4 NJA-4 NJA-4 000 NIA-4 274 Deleted from the Roll by Amendment No. 11 See note (19) CP NJA-4 NIA-4 NIA-4 NIA-4 NJA-4 NJA-4 NJA-4 000 NIA-4 275 392-432-03-00-6 STENNETT DONALD L & ELSA CP NJA-4 NIA-4 NJA-4 NJA-4 23,343 153,276 176,619 1,171.03 150.82 276 392-433-01-00-7 CHOW NICOLE L CP NJA-4 NIA-4 NJA-4 NJA-4 40,000 88,478 128,478 1,17103 109.71 277 392 -433-02-00-0 CORTES ALEX CP NJA-4 NIA-4 NIA-4 NJA-4 40,000 115,390 155,390 1,17103 132.70 278 392-433-03-00-3 QUINTANILLA MIKE C & MARIA R CP NJA-4 NIA-4 NJA-4 NJA-4 23,343 114,398 137,741 1,17103 11762 279 392-433-04-00-6 FRIEDLE STEVEN H CP NIA-4 NJA-4 NJA-4 NJA-4 50,000 146,951 196,951 1,17103 16819 280 392-433-05-00-9 FAIRBANKS FAMILY TRUST CP NJA-4 NIA-4 NJA-4 NJA-4 23,343 150,440 173,783 1,17103 14840 281 392-433-06-00-2 WILEMON TRAVIS & LISSETTE CP NJA-4 NIA-4 NJA-4 NJA-4 23,343 107,393 130,736 1,17103 11164 282 392-433-07-00-5 KAZMI HASHIM CP NJA-4 4 NIA-4 NJA-4 NJA-4 50,000 105,390 155,390 1,171.03 132.70 283 392-433-08-00-8 WAGNER MICHELLE R CP NIA-4 NIA-4 NJA-4 NJA-4 23,343 93,968 117,311 1,17103 100.18 284 392-433-09-00-1 HATHAWAY KENNETH CP NJA-4 NIA-4 NJA-4 NIA-4 40,000 88,478 128,478 1,171.03 109.71 285 392 -433-10-00-3 HONEY DAVID & CHARLEEN CP NIA-4 NIA-4 NJA-4 NJA-4 23,343 90,934 114,277 1,17103 97.59 286 392 -433-11-00-6 MARTINEZ JOSE CP NJA-4 NIA-4 NJA-4 NIA-4 50,000 78,478 128,478 1,171.03 109.71 287 392 -433-12-00-9 GROVES PATRICIA A CP NIA-4 NJA-4 NJA-4 NIA-4 28,012 101,555 129,567 1,171.03 110.64 288 392 -433-13-00-2 EGUAO VINCENT & JULIETTE CP NIA-4 NIA-4 NJA-4 NIA-4 23,343 116,733 140,076 1,171.03 119.62 289 392-433-14-00-5 GUTSTEIN RENE CP NIA-4 NIA-4 NIA-4 NIA-4 23,225 116,733 139,958 1,171.03 119.52 290 392 -433-15-00-8 DEULLOA JOHN CP NJA-4 NJA-4 NJA-4 NJA-4 45,072 134,788 179,860 1,17103 153.59 291 392 -433-16-00-1 DE LEON LUIS ANTONIO CP NIA-4 NIA-4 NJA-4 NIA-4 33,658 141,373 175,031 1,171,03 14947 292 392 -433-17-00-4 MARQUEZ LINDA CP NJA-4 NJA-4 NJA-4 NIA-4 23,343 97,353 120,696 1,171.03 103.07 293 392 -433-18-00-7 HAYS STEVEN CP NJA-4 NIA-4 NIA-4 NIA-4 50,000 78,478 128,478 1,17103 109.71 294 392 -433-19-00-0 FALLS LORI A CP NJA-4 NIA-4 NIA-4 NIA-4 23,343 115,564 138,907 1,17103 118.62 295 392-433-20-00-2 CORUM MICHAEL S CP NJA-4 NIA-4 NIA-4 NIA-4 23,343 147,951 171,294 1,171.04 146.28 296 392 -432 -04-00-9 CASAREZ SANDRA L & DAVID CP NJA-4 NIA-4 NIA-4 NIA-4 60,000 136,951 196,951 2,322.05 84.82 297 Deleted from the Roll by Amendment No. 13 -See note (21) CP NJA-4 NJA-4 NIA-4 NIA-4 NIA-4 NJA-4 NIA-4 0.00 NIA-4 298 392-441-01-00-6 " PLETE RUSSELL & MARIA REV TRUST CP NJA-4 NIA-4 NJA-4 NIA-4 22,885 130,466 153,351 1,171.03 130.95 299 392-441-02-00-9 KWO JENNIFER Q CP NJA-4 NJA-4 NIA-4 NJA-4 40.000 147,484 187,484 1,171.03 160.10 300 392-441-03-00-2 JASPER MARK FRIEDEL TRUST CP NIA-4 NJA-4 NIA-4 NJA-4 40,000 115,390 155,390 1,171.03 132.70 292400-E 81412010 APPENDIX E ANNUAL REPORT NO, 14 CURRENT ASSESSMENT AND ASSESSOR'S VALUE DATA CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO, 96-1 ORIGINAL VALUE/LIEN DATA AS OF 12/96 PARCEL CURRENT ASSESSMENT AND (NOT UPDATED TO CURRENT YEAR VALUES) ASSESSOR'S VALUE DATA FOR FISCAL YEAR ENDING 06/30/10 DIST. ASSESSOR'S APPRAISED AD 96-1 APPRAISED ASSESSOR'S ASSESSOR'S TOTAL VALUES REMAINING ASSESSOR'S AD 96-1 ASSESSOR'S AREA LAND RETAIL ASSESSMENT VALUE/LAND IMPROVEMENT (ASSESSOR'S LAND ASSESSMENT VALUE 1 ASSESSMENT TAX NUMBER (ATN) CODE VALUE 11\ VALUE (2) AMOUNT (3) LIEN 14\ VALUE 15\ VALUE 15\ + IMPROVEMENT)(5) BALANCE (6) LIEN (7) NUMBER OR DESCRIPTION OWNER'S NAME (5) (8\ COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 COLUMN 9 301 392-441-04-00-5 SOMANI FAMILY TRUST CP N/A-4 N/A-4 N/A-4 N/A-4 49,881 99,763 149,644 1,361.32 109,93 302 392 -441-05-00-8 FREMONT REORGANIZING CORP CP N/A-4 N/A-4 N/A-4 N/A-4 50,000 125,000 175,000 1,301.14 134.50 303 392-441-06-00-1 BAUER ENTERPRISES LLC CP N/A-4 N/A-4 N/A-4 N/A-4 40,000 88,478 128,478 1,170.73 109.74 304 392-442-01-00-3 GODINEZ MISAEL M & CASTRO MICHELLE M CP N/A-4 N/A-4 N/A-4 N/A-4 25,747 117,876 143,623 1,171.03 122.65 305 392 -442 -02-00-6 DANIEL HAZEL CP N/A-4 N/A-4 N/A-4 N/A-4 25,747 108,720 134,467 1,171.03 114.83 306 392-442-03-00-9 TISDALE KELLI A CP N/A-4 N/A-4 N/A-4 N/A-4 40,000 88,478 128,478 1,171.03 109.71 307 392-442-04-00-2 ORTA REBECCA G CP N/A-4 N/A-4 N/A-4 N/A-4 23,343 113,231 136,574 1,17103 116,63 308 392-442-05-00-5 HERSH JAMES R & JUDITH A CP N/A-4 N/A-4 N/A-4 N/A-4 43,837 117,565 161,402 1,17103 137.83 309 392-442-06-00-8 WORKMAN MICHAEL A CP N/A-4 N/A-4 N/A-4 N/A-4 25,175 97,275 122,450 1,171.03 104.57 310 392-442-07-00-1 BUSTAMANTE JOSE J & PAULA CP N/A-4 N/A-4 N/A-4 N/A-4 25,175 149,517 174,692 1,171.03 14918 311 392-442-08-00-4 BARRON MICHELLE & RUBEN A CP N/A-4 N/A-4 N/A-4 N/A-4 23,343 100,973 124,316 1,17103 106.16 312 392-442-09-00-7 FEDERAL NATL MTG ASSN CP N/A-4 N/A-4 N/A-4 N/A-4 25,866 91,396 117,262 1,17103 100.14 313 392-392-442-10-00-9 KLIMEK SMITH CHERISH F CP N/A-4 N/A-4 N/A-4 N/A-4 25,175 109,865 135,040 1,171.03 115.32 314 392-442-11-00-2 LOVE MARC & ANITA CP N/A-4 N/A-4 N/A-4 N/A-4 43,075 120,611 163,686 1,171.03 139.78 315 392-442-12-00-5 MOODY DON A & TERESITA CP N/A-4 N/A-4 N/A-4 N/A-4 22,885 145,916 168,801 1,171.03 144.15 316 392 -442-13-00-8 HENTKOWSKI KATHRYN L CP N/A-4 N/A-4 N/A-4 N/A-4 43,539 119,006 162,545 1,171.03 138.81 317 392 -442 -14-00-1 PEREZ JOEL D & VERONICA CP N/A-4 N/A-4 N/A-4 N/A-4 25,677 108,560 134,237 1,171.03 114.63 318 392 -442 -15-00-4 HALE MAUREEN A FAMILY TRUST CP N/A-4 N/A-4 N/A-4 N/A-4 28,680 135,007 163,687 1,171.03 139.78 319 392 -442-16-00-7 PROFETA FMLY TR CP N/A-4 N/A-4 N/A-4 N/A-4 50,000 78,478 128,478 1,171.03 109.71 320 392-442-17-00-0 MASSAC LAUTURE CP N/A-4 N/A-4 N/A-4 N/A-4 22,885 138,363 161,248 1,171.03 137.70 321 392-442-18-00-3 GRAY BUEL SAMUEL FMLY TR CP N/A-4 N/A-4 N/A-4 N/A-4 23,343 107,976 131,319 1,171.03 112.14 322 392-442-19-00-6 MC DANNOLD JOHN C REVOCABLE TRUST CP N/A-4 N/A-4 N/A-4 N/A-4 46,600 101,555 148,155 1,171.03 126.52 323 392-442-20-00-8 BF SLAG LLC CP N/A-4 N/A-4 N/A-4 N/A-4 49,881 79,810 129,691 1,171.03 110.75 324 392 -442 -21-00-1 ALANIZ JOSE JESUS PEREZ CP N/A-4 N/A-4 N/A-4 N/A-4 22,886 131,610 154,496 1,17103 131,93 325 392-442-22-00-4 BOUTROS ADEL A & MARY CP N/A-4 N/A-4 N/A-4 N/A-4 50,000 111,000 161,000 1,171.03 137.49 326 Deleted from the Roll by Amendment No. 14 -See note (22) CP N/A-4 N/A-4 N/A-4 NIA-4 N/A-4 N/A-4 N/A-4 000 N/A-4 327 392-451-01-00-9 GIBBS THOMAS N CP N/A-4 N/A-4 N/A-4 N/A-4 27,463 109,853 137,316 1,171.04 11726 328 392 -451-02 -00-2 COOK KRISTIE CP N/A-4 N/A-4 N/A-4 NIA-4 22,760 105,142 127,902 1,171.03 109.22 329 392 -451-03-00-5 MONARREZ JOSE M CP N/A-4 N/A-4 N/A-4 N/A-4 22,661 103,689 126,350 1,171.03 107.90 330 392 -451-04-00-8 SINGH BAHADER & ASHEEKA CP N/A-4 N/A-4 N/A-4 N/A-4 45,775 123,599 169,374 1,171.03 144.64 331 392-451-05-00-1 BILTO MICHAEL N & HOK NIO CP N/A-4 N/A-4 N/A-4 N/A-4 22,885 104,142 127,027 1,17103 108.47 108.47 332 392 -451-06-00-4 NAHMIACHE SEPARATE PROPERTY TRUST CP N/A-4 N/A-4 N/A-4 N/A-4 40,349 121,053 161,402 1,17103 137.83 333 392-451-07-00-7 HOLST WILLIAM H & JEANNE L CP NIA-4 N/A-4 NIA-4 N/A-4 27,463 110,552 138,015 1,171.03 117.86 334 392-451-08-00-0 RIDDLE LYNNA M LIVING TRUST CP N/A-4 N/A-4 N/A-4 N/A-4 22,885 102,767 125,652 1,171.03 107.30 335 392-451-09-00-3 SMITH JAI MICHAEL CP N/A-4 N/A-4 N/A-4 NIA-4 40,000 88,478 128,478 1,171.03 109.71 336 392-451-10-00-5 ROBERTS RITA REVOCABLE TRUST CP N/A-4 N/A-4 N/A-4 N/A-4 30,874 130,528 161,402 1,171.03 137.83 337 392-451-11-00-8 ALVIDREZ RUTHIE M CP N/A-4 N/A-4 NIA-4 N/A-4 28,114 99,788 127,902 1,17103 10922 338 392-452-01-00-6 SUNNER MANJIT CP N/A-4 N/A-4 NIA-4 N/A-4 50,000 104,000 154,000 1,171.03 131.51 339 392-452-02-00-9 ENDES DANIEL & PHYLLIS J CP N/A-4 N/A-4 NIA-4 N/A-4 27,463 97,275 124,738 1,17103 10652 340 392-453-01-00-3 MAENG CHANG HO & MARY CP N/A-4 N/A-4 NIA-4 N/A-4 38,935 122,467 161,402 1,171.03 137.83 341 392-453-02-00-6 GONZALEZ JOHN JOHN G & ANGELINE M CP N/A-4 N/A-4 N/A-4 N/A-4 27,463 101,854 129,317 1,171.03 110.43 342 392 -453-03-00-9 ULLOA MAURICIO & REBECCA CP N/A-4 N/A-4 N/A-4 N/A-4 27,463 105,632 133,095 1,171.03 113.66 343 392-453-04-00-2 HIGGINS VICTOR & WENDY CP N/A-4 N/A-4 N/A-4 N/A-4 27,463 101,282 128,745 1,171.03 109.94 344 392 -453-05-00-5 LEE BOB & RENEE CP N/A-4 N/A-4 N/A-4 N/A-4 27,463 108,720 136,183 1,171.03 11629 345 392 -453-06-00-8 DAVIS BILL D & SHIRLEY A CP N/A-4 N/A-4 N/A-4 N/A-4 22,885 105,859 128,744 1,171.03 109.94 346 392 -453-07 -00-1 FOSTER JERRY & BARBARA CP N/A-4 N/A-4 N/A-4 N/A-4 25,466 115,290 140,756 1,171.03 12020 347 392 -454-01-00-0 BLEDSOE SAMANTHA L CP N/A-4 N/A-4 N/A-4 N/A-4 53,496 133,739 187.235 1,171.03 15989 348 392 -454-02 -00-3 PHAN CUONG CP N/A-4 N/A-4 N/A-4 N/A-4 27,463 108,707 136,170 1,17103 116.28 349 392 -454-03-00-6 CAMPBELL APRIL L CP N/A-4 N/A-4 N/A-4 N/A-4 22,885 95,446 118,331 1,17103 101.05 350 392-454-04-00-9 MOORE SIDRES CP N/A-4 N/A-4 N/A-4 N/A-4 27,463 109,865 137,328 1,171.03 117.27 351 392-454-05-00-2 MARTINEZ ARTURO JAVIER & ALMA L CP N/A-4 N/A-4 N/A-4 N/A-4 40,000 88,478 128,478 1,52778 84,09 352 392-454-06-00-5 ORTIZ CHERYL CP N/A-4 N/A-4 N/A-4 N/A-4 27,463 129,207 156,670 1,17103 133.79 353 392-460-01-00-5 MAGSBY MAE H CP N/A-4 N/A-4 N/A-4 N/A-4 27,463 94,301 121,764 1,30126 93.57 354 392-460-02-00-8 FRY MARY CP N/A-4 N/A-4 N/A-4 N/A-4 27,463 93,844 121,307 1,171.03 103.59 355 392-460-03-00-1 BALTAZAR BEATRICE CP N/A-4 N/A-4 N/A-4 N/A-4 27,463 107,577 135,040 1,171.03 115.32 356 392-460-04-00-4 LONG TIMOTHY A CP N/A-4 N/A-4 NIA-4 N/A-4 23,514 103,998 127,512 1,17103 108.89 357 392-460-05-00-7 DANIEll MARK A & LOIS I CP N/A-4 N/A-4 N/A-4 N/A-4 28,609 103,570 132,179 1,171.03 112.87 358 392-460-06-00-0 ZINN BRIAN & JANETIE CP N/A-4 N/A-4 N/A-4 N/A-4 27,463 132,755 160,218 1,171.03 136.82 359 392-460-07-00-3 LUCERO JOANN CP N/A-4 N/A-4 N/A-4 N/A-4 50,000 78,478 128,478 1,171.03 109.71 360 392-460-08-00-6 HAGOPIAN PETE CP N/A-4 N/A-4 N/A-4 N/A-4 50,000 78,478 128,478 1,171.03 109.71 292400-E 6 8/4/2010 APPENDIX E ANNUAL REPORT NO. 14 CURRENT ASSESSMENT AND ASSESSOR'S VALUE DATA CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO. 96-1 ORIGINAL VALUE/LIEN DATA AS OF 12/96 PARCEL CURRENT ASSESSMENT AND (NOT UPDATED TO CURRENT YEAR VALUES) ASSESSOR'S VALUE DATA FOR FISCAL YEAR ENDING 06/30/10 DIST. ASSESSOR'S APPRAISED AD 96-1 APPRAISED ASSESSOR'S ASSESSOR'S TOTAL VALUES REMAINING ASSESSOR'S AD 96-1 ASSESSOR'S AREA LAND RETAIL ASSESSMENT VALUE 1 LAND IMPROVEMENT (ASSESSOR'S LAND ASSESSMENT VALUE 1 ASSESSMENT TAX NUMBER (ATN) CODE VALUE (1) VALUE 12\ AMOUNT 13\ LIEN 14\ VALUE 15\ VALUE (5) + IMPROVEMENT\{5 BALANCE 16\ LIEN 17\ NUMBER OR DESCRIPTION OWNER'S NAME (5) (8) COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 COLUMN 9 361 392-460-09-00-9 ENNIS TIMOTHY CP N/A-4 N/A-4 N/A-4 N/A-4 27,463 109,178 136,641 1,171.03 116.68 362 392-460-10-00-1 DAY BRYAN L SR & PANATDA S CP N/A-4 N/A-4 N/A-4 N/A-4 36,180 129,220 165,400 1,17103 141.24 363 392 -460-11-00-4 MANCERA REGINA & DANIEL CP N/A-4 N/A-4 N/A-4 N/A-4 27,463 117,763 145,226 1,171.03 124.02 364 392-460-12-00-7 DOTSON ROBERT W & SANDI L CP N/A-4 N/A-4 N/A-4 N/A-4 25,175 124,515 149,690 1,171.03 127.83 365 392 -460-13-00-0 PAREDES GERARDO S CP N/A-4 N/A-4 N/A-4 N/A-4 50,000 118,488 168,488 1,171.03 143.88 366 392 -460-14-00-3 MARTINEZ ANDREW J CP N/A-4 N/A-4 N/A-4 N/A-4 50,000 77,000 127,000 1,171.03 108.45 367 392 -460-15-00-6 TONNESLAN KEVIN & JULIE CP N/A-4 N/A-4 N/A-4 N/A-4 32,041 139,622 171,663 1,171.03 146.59 368 392 -460-16-00-9 PRESTON FAMILY TRUST CP N/A-4 N/A-4 N/A-4 N/A-4 27,463 117,876 145,339 1,171.03 124.11 369 392-460-17-00-2 SANCHEZ JOSE A & LETICIA CP NIA-4 N/A-4 N/A-4 N/A-4 25,175 140,421 165,596 1,171.03 141.41 370 392-460-18-00-5 ALANIZ ADOLFO & ESTELLA L CP N/A-4 N/A-4 NIA-4 N/A-4 55,358 110,716 166,074 1,171.03 141.82 371 392-460-19-00-8 WEATHERS ERIK CP N/A-4 N/A-4 NIA-4 N/A-4 50,000 78,478 128,478 1,17103 10971 372 392-460-20-00-0 WALKER RICHARD L & CAROL J CP N/A-4 N/A-4 N/A-4 N/A-4 50,799 112,887 163,686 1,17103 139.78 373 392-460-21-00-3 MORALES MOISES & ROSA CP N/A-4 N/A-4 N/A-4 N/A-4 60,000 118,000 178,000 1,171.03 15200 374 392-460-22-00-6 WHITE BRAD & LORA CP N/A-4 N/A-4 N/A-4 N/A-4 50,000 137,484 187,484 1,17103 160.10 375 392-460-23-00-9 MORRIS ROBERT CP N/A-4 N/A-4 N/A-4 N/A-4 27,463 111,011 138,474 1,17103 118.25 376 392-460-24-00-2 BAILEY DEBRA CP N/A-4 N/A-4 N/A-4 N/A-4 40,000 88,478 128,478 1,361.32 9438 377 392-460-25-00-5 MATUNDAN EVELYN CP N/A-4 N/A-4 N/A-4 N/A-4 39,808 122,269 162,077 1,171.03 138.41 378 392-460-26-00-8 ARIMA JOHN & CHAU L1VREV TR CP N/A-4 N/A-4 N/A-4 N/A-4 27,463 100,709 128,172 1,171.03 109.45 379 392-460-27-00-1 MEYER JONATHAN & HEIDI CP N/A-4 N/A-4 N/A-4 N/A-4 40,000 88,478 128,478 1,17103 109.71 380 392-460-28-00-4 CITY OF BAKERSFIELD CP N/A-4 N/A-4 N/A-4 N/A-4 0 0 0 0.00 N/A-1 SUMMARY OF DISTRICT AREA SUBTOTALS BRIMHALL II AREA SUBTOTAL: BII 314,598 2,340,752 594,963.63 3,93 10,440,127 35,289,332 45,729,459 212,123,86 215.58 SPRING MEADOWS AREA SUBTOTAL: SM 239,147 1,170,000 152,683.46 7.66 0 0 0 0.00 N/A-1 FAIRWAYS AREA SUBTOTAL: FW It wasn't available 9,922,889 2,419,681.59 4.10 0 0 0 0,00 N/A-1 CAMPUS PARK AREA SUBTOTAL: CP 1,344,628 2,778,476 642,671.32 4.32 6,754,218 21,226,185 27,980,403 230,034,18 121.64 TOTALS/OVERALL FOR ALL FOUR DISTRICT AREAS: 1,898,373 16,212,117 3,810,000.00 4,26 17,194,345 56,515,517 73,709,862 442,158.04 166,70 SUMMARY OF ASSESSMENT DISTRICT TOTALS CASTLE & COOKE OWNED TOTALS/OVERALL: 1,898,373 I 16,212,117 3,810,000.00 4,26 0 0 0 0.00 NIA-1 NON-CASTLE & COOKE OWNED TOTALS/OVERALL: 0 0 0.00 N/A 17,194,345 56,515,517 73,709,862 442,158.04 I 166.70 ASSESSMENT DISTRICT TOTALS/OVERALL: I 1,898,373 16,212,117 I 3,810,000.00 4.261 17,194,3451 56,515,517 I 73,709,862 I 442,158.04 166.70 SEE NEXT PAGE FOR EXPLANATlON OF REFERENCES AND NOTES. 292400-E 8/4/2010 APPENDIXE ANNUAL REPORT NO. 14 CURRENT ASSESSMENT AND ASSESSOR'S VALUE DATA CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO. 96-1 NOTES AND REFERENCES N/A-1 REFERENCES DATA FOR NON-BENEFITED AND NON-ASSESSED PARCELS OR PARCELS THAT WERE PAID OFF AFTER THE ORIGINAL ASSESSMENTS WERE CONFIRMED, BUT BEFORE 06/30/10. N/A-2 REFERENCES DATA FOR ORIGINALLY ASSESSED PARCELS THAT WERE SUBDIVIDED AFTER 12/12/96, BUT BEFORE 06/30/10, AND WHICH, ACCORDINGLY, NO LONGER EXIST. N/A-3 REFERENCES DATA THAT WAS NOT AVAILABLE FROM THE KERN COUNTY ASSESSOR'S OFFICE AS OF THE DATE OF PREPARATION OF THIS REPORT. N/A-4 REFERENCES DATA FOR PARCELS CREATED BY SUBDIVISIONS RECORDED AFTER 12/12/96, BUT BEFORE 06/30/10. THEREFORE, THE "ORIGINAL VALUE/LIEN DATA AS OF 12/96" SHOWN IN THE APPENDIX E TABLE DOES NOT APPLY TO THESE PARCELS AND IS, ACCORDINGLY, NOT SHOWN. THE "PARCEL CURRENT ASSESSMENT AND ASSESSOR'S VALUE DATA" FOR THESE SUBDIVIDED PARCELS ALSO NO LONGER APPLIES AND IS NOT SHOWN. THE SUBDIVIDED PARCEL'S "REMAINING ASSESSMENT BALANCE" HAS BEEN APPORTIONED TO THE NEW LOTS AND PARCELS CREATED BY THE SUBDIVISION OF THE PARCEL AND THOSE APPORTIONED ASSESSMENT AMOUNTS ARE SHOWN FOR EACH NEW LOT IN THE APPENDIX E TABLE. (1) AMOUNTS SHOWN IN COLUMN 1ARE KERN COUNTY ASSESSOR'S LAND VALUES AS SHOWN ON THE EQUALIZED ASSESSOR'S ROLL FOR KERN COUNTY USED TO BILL THE 1996/97 REGULAR PROPERTY TAXES. THE ASSESSOR'S VALUES IN COLUMN 1ARE NOT USED TO CALCULATE THE COLUMN 4 VALUE TO LIEN RATIO. THEY ARE PROVIDED ONLY FOR REFERENCE, AS BASELINE ASSESSOR'S LAND VALUES AT THE TIME OF THE AD 96-1 BOND SALE. (2) AMOUNTS SHOWN IN COLUMN 2 FOR ASSESSMENTS 1 THROUGH 4 ARE BULK RETAIL VALUES INCLUDING AD 96-1 IMPROVEMENTS AS SHOWN IN THE APPRAISAL REPORT FOR ASSESSMENT DISTRICT NO. 96-1, PREPARED BY LAUNER & ASSOCIATES, BAKERSFIELD, CALIFORNIA, DATED SEPTEMBER 10,1996. THE AMOUNTS SHOWN FOR ASSESSMENTS 5 THROUGH 44 ARE AS SHOWN ON PAGE 59 OF THE ABOVE-REFERENCED APPRAISAL REPORT, UNDER THE TITLE "SPRING MEADOWS TRACT 5544 PHASE 0 LOT VALUES," AND QUOTED AS FOLLOWS: "BASED ON THE RECENT LOT SELLING PRICES IN COMPETING TRACTS CITED, THE APPRAISER HAS FORMED THE OPINION THAT THE 39 LOTS IN THE SPRING MEADOW TRACT 5544 PHASE D, HAVE A VALUE 'WHEN COMPLETE,' OF $30,000 EACH. THIS VALUE IS UNDERSTOOD TO BE A BULK VALUE WITH THE DISCOUNT INCORPORATED IN THE SELLING PRICE AS INDICATED FROM THE MARKET." (3) THE AMOUNTS SHOWN ARE THE AMOUNTS OF THE ORIGINAL AD 96-1 ASSESSMENTS. THE 30-DAY CASH PAYMENT PERIOD HAS BEEN WAIVED. THE ACTUAL AMOUNTS OF BONDS SOLD AND OF THE PRINCIPAL ASSESSMENT AMOUNT FOR EACH ASSESSED PARCEL IN AD 96-1 ARE LOWER THAN THE ORIGINAL ASSESSMENT AMOUNT, BECAUSE OF THE LOWER THAN ANTICIPATED BOND SALE AMOUNT. THE "ADJUSTED" ORIGINAL ASSESSMENT AMOUNT FOR EACH PARCEL HAS BEEN RECALCULATED BY THE ISSUER'S FINANCE DEPARTMENT AFTER THE LOWER THAN ANTICIPATED BOND SALE: THE CONFIRMED ASSESSMENT AMOUNT WAS $3,81O,OOO.OOAND THE ACTUAL BOND SALE AMOUNTWAS $3,685,000.00, BASED ON LOWER COSTS OF CAPITALIZED INTEREST, UNDERWRITER'S DISCOUNT,AND BOND RESERVE FUND. (4) RATIO OF APPRAISED RETAIL VALUES (COLUMN 2) DIVIDED BY THE AD 96-1 UNPAID ASSESSMENT AMOUNT (COLUMN 3). (5) OWNERS' NAMES AND ASSESSOR'S VALUES IN COLUMNS 5, 6, AND 7 ARE AS SHOWN ON THE ASSESSOR'S ROLL FOR THE 2010/2011 TAX YEAR, AS OBTAINED FROM THE KERN COUNTY ASSESSOR ON JULY 29, 2010. (6) THE REMAINING ASSESSMENT AMOUNT SHOWN IN THE "REMAINING ASSESSMENT BALANCE" COLUMN 8 IS THE PARCEL'S REMAINING ASSESSMENT PRINCIPAL AMOUNT AT THE BEGINNING OF THE 2010/2011 TAX YEAR, INCLUDING THE DELINQUENT PRINCIPAL AMOUNTS FOR THE THIRTEEN (13) PARCELS LISTED IN APPENDIX G OF THIS ANNUAL REPORT NO. 14. THEREFORE, THE TOTAL "REMAINING ASSESSMENT BALANCE" SHOWN IN COLUMN 8 IN THE AMOUNT OF $442,158.04 INCLUDES $2,158.04 IN DELINQUENT ASSESSMENT PRINCIPAL FOR THE 13 PARCELS LISTED IN APPENDIX G. 292400-E 8 8/4/2010 APPENDIXE ANNUAL REPORT NO. 14 CURRENT ASSESSMENT AND ASSESSOR'S VALUE DATA CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO. 96·1 (7) COLUMN 9 IS THE RATIO OF THE CURRENT TOTAL ASSESSOR'S VALUE (COLUMN 7) DIVIDED BY THE AD 96·1 REMAINING ASSESSMENT BALANCE INCLUDING THE DELINQUENT PRINCIPAL AMOUNTS (COLUMN 8). (8) COLUMN ENTITLED "DIST. AREA CODE" SHOWS ABBREVIATIONS FOR EACH DISTRICT AREA NAME FOR EACH ASSESSMENT NUMBER AS FOLLOWS: BII· BRIMHALL II AREA; SP . SPRING MEADOWS AREA; FW • FAIRWAYS AREA; AND CP • CAMPUS PARK AREA. (9) ASSESSMENT NO.3 WAS DELETED FROM THE ASSESSMENT ROLL FOR AD 96·1 PURSUANT TO ASSESSMENT AND DIAGRAM AMENDMENT NO. 1 AFTER THE RECORDATION OF TRACT NO. 5489·PHASE C ON AUGUST 22,1997, IN BOOK 43 OF MAPS, AT PAGE 47, IN THE OFFICE OF THE KERN COUNTY RECORDER. AMENDMENT NO.1 CREATED AMENDED ASSESSMENTS 45 THROUGH 79. (10) ASSESSMENTS NOS. 45 AND 69 WERE DELETED FROM THE ASSESSMENT ROLL FOR AD 96-1 PURSUANT TO ASSESSMENT AND DIAGRAM AMENDMENT NO.2 AFTER THE RECORDATION OF TRACT NO. 5489-PHASE D ON NOVEMBER 26,1997, IN BOOK 43 OF MAPS, AT PAGE 104, IN THE OFFICE OF THE KERN COUNTY RECORDER. AMENDMENT NO.2 CREATED AMENDED ASSESSMENTS 80 THROUGH 118. (11) ASSESSMENT NO.1 WAS DELETED FROM THE ASSESSMENT ROLL FOR AD 96-1 PURSUANT TO ASSESSMENT AND DIAGRAM AMENDMENT NO.3 AFTER THE RECORDATION OF TRACT NO. 5848-PHASE A ON APRIL 3, 1998, IN BOOK 43 OF MAPS, AT PAGE 190, IN THE OFFICE OF THE KERN COUNTY RECORDER. AMENDMENT NO.3 CREATED AMENDED ASSESSMENTS 119 THROUGH 126. (12) ASSESSMENT NOS. 2 AND 119 WERE DELETED FROM THE ASSESSMENT ROLL FOR AD 96-1 PURSUANT TO ASSESSMENT AND DIAGRAM AMENDMENT NO.4 AFTER THE RECORDATION OF TRACT NO. 5848·PHASE B ON APRIL 3, 1998, IN BOOK 43 OF MAPS, AT PAGE 192, IN THE OFFICE OF THE KERN COUNTY RECORDER. AMENDMENT NO.4 CREATED AMENDED ASSESSMENTS 127 THROUGH 148. (13) ASSESSMENT NOS. 127 AND 129 WERE DELETED FROM THE ASSESSMENT ROLL FOR AD 96-1 PURSUANT TO ASSESSMENT AND DIAGRAM AMENDMENT NO.5 AFTER THE RECORDATION OF TRACT NO. 5848-PHASE C ON APRIL 3, 1998, IN BOOK BOOK 43 OF MAPS, AT PAGE 195, IN THE OFFICE OF THE KERN COUNTY RECORDER. AMENDMENT NO.5 CREATED AMENDED ASSESSMENTS 149 THROUGH 170. (14) ASSESSMENT NO. 149 WAS DELETED FROM THE ASSESSMENT ROLL FOR AD 96-1 PURSUANT TO ASSESSMENT AND DIAGRAM AMENDMENT NO.6 AFTER THE RECORDATION OF TRACT NO. 5848·PHASE D ON AUGUST 21, 1998, IN BOOK 44 OF MAPS, AT PAGE 72, IN THE OFFICE OF THE KERN COUNTY RECORDER. AMENDMENT NO.6 CREATED AMENDED ASSESSMENTS 171 THROUGH 189. (15) ASSESSMENT NO. 112 WAS DELETED FROM THE ASSESSMENT ROLL FOR AD 96-1 PURSUANT TO ASSESSMENT AND DIAGRAM AMENDMENT NO. 7 AFTER THE RECORDATION OF TRACT NO. 5489·PHASE E ON FEBRUARY 12, 1999, IN BOOK 44 OF MAPS, AT PAGE 156, IN THE OFFICE OF THE KERN COUNTY RECORDER. AMENDMENT NO.7 CREATED AMENDED ASSESSMENTS 190 THROUGH 214. (16) ASSESSMENT NO. 212 WAS DELETED FROM THE ASSESSMENT ROLL FOR AD 96-1 PURSUANT TO ASSESSMENT AND DIAGRAM AMENDMENT NO.8 AFTER THE RECORDATION OF TRACT NO. 5489-PHASE F ON FEBRUARY 12, 1999, IN BOOK 44 OF MAPS, AT PAGE 158, IN THE OFFICE OF THE KERN COUNTY RECORDER. AMENDMENT NO.8 CREATED AMENDED ASSESSMENTS 215 THROUGH 237. (17) ASSESSMENTS NOS. 150 AND 171 WERE DELETED FROM THE ASSESSMENT ROLL FOR AD 96-1 PURSUANT TO ASSESSMENT AND DIAGRAM AMENDMENT NO.9 AFTER THE RECORDATION OF TRACT NO. 5848-PHASE E ON APRIL 9, 1999, IN BOOK 44 OF MAPS, AT PAGE 188, IN THE OFFICE OF THE KERN COUNTY RECORDER. AMENDMENT NO.9 CREATED AMENDED ASSESSMENTS 238 THROUGH 265. 292400-E 9 8/4/2010 APPENDIX E ANNUAL REPORT NO. 14 CURRENT ASSESSMENT AND ASSESSOR'S VALUE DATA CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO. 96-1 (18) ASSESSMENT NO. 238 WAS DELETED FROM THE ASSESSMENT ROLL FOR AD 96-1 PURSUANT TO ASSESSMENT AND DIAGRAM AMENDMENT NO. 10 AFTER THE RECORDATION OF TRACT NO. 5848-PHASE F ON APRIL 9, 1999, IN BOOK 44 OF MAPS, AT PAGE 191, IN THE OFFICE OF THE KERN COUNTY RECORDER. AMENDMENT NO. 10 CREATED AMENDED ASSESSMENTS 266 THROUGH 295. (19) ASSESSMENT NOS. 273 AND 274 WERE DELETED FROM THE ASSESSMENT ROLL FOR AD 96-1 PURSUANT TO ASSESSMENT AND DIAGRAM AMENDMENT NO. 11AFTER THE RECORDATION OF PARCEL MAP WAIVER NO. POO-0785 ON DECEMBER 12, 2000, AS DOCUMENT NO. 0200158132 OF OFFICIAL RECORDS, IN THE OFFICE OF THE KERN COUNTY RECORDER. AMENDMENT NO. 11 CREATED AMENDED ASSESSMENT 296. (20) ASSESSMENT NO. 266 WAS DELETED FROM THE ASSESSMENT ROLL FOR AD 96-1 PURSUANT TO ASSESSMENT AND DIAGRAM AMENDMENT NO. 12 AFTER THE RECORDATION OF TRACT NO. 5848-PHASE G ON JANUARY 19, 2001, IN BOOK 46 OF MAPS, AT PAGE 131, IN THE OFFICE OF THE KERN COUNTY RECORDER. AMENDMENT NO. 12 CREATED AMENDED ASSESSMENTS 297 THROUGH 325. (21) ASSESSMENT NO. 297 WAS DELETED FROM THE ASSESSMENT ROLL FOR AD 96-1 PURSUANT TO ASSESSMENT AND DIAGRAM AMENDMENT NO. 13 AFTER THE RECORDATION OF TRACT NO. 5848-PHASE H ON JANUARY 19, 2001, IN BOOK 46 OF MAPS, AT PAGE 133, IN THE OFFICE OF THE KERN COUNTY RECORDER. AMENDMENT NO. 13 CREATED AMENDED ASSESSMENTS 326 THROUGH 352. (22) ASSESSMENT NO. 326 WAS DELETED FROM THE ASSESSMENT ROLL FOR AD 96-1 PURSUANT TO ASSESSMENT AND DIAGRAM AMENDMENT NO. 14 AFTER THE RECORDATION OF TRACT NO. 5848-PHASE I ON MARCH 2, 2001, IN BOOK 46 OF MAPS, AT PAGE 165, IN THE OFFICE OF THE KERN COUNTY RECORDER. AMENDMENT NO. 14 CREATED AMENDED ASSESSMENTS 353 THROUGH 380. 292400-E 10 81412010 ANNUAL REPORT NO. 14 PROVIDING CONTINUING DISCLOSURE FOR THE FISCAL YEAR ENDING JUNE 30, 2010 ON $3,685,000 PRINCIPAL AMOUNT OF CITY OF BAKERSFIELD, CALIFORNIA ASSESSMENT DISTRICT NO. 96-1 (BRIMHALL II/SPRING MEADOWS/FAIRWAYS/CAMPUS PARK) LIMITED OBLIGATION IMPROVEMENT BONDS APPENDIXF CURRENT DEBT SERVICE SCHEDULE FOR THE BONDS UPDATED FOR THE 2001 BOND CALL AND THE 2004 BOND CALL Note: Appendix F table provided by Issuer's Finance Department City of Bakersfield 96-1 -BRIMHALL II\SPRING MEADOWS\FAIRWAYS\CAMPUS PARK Current Debt Service Schedule Bonds Dated: 12/23/1996 Bonds Issued: $3,685,000.00 Payment Interest Payment Annual Call Date Rate Balance Principal Interest Total Total Premo Status 03/02/1997 4.3500% $3,685,000.00 $0.00 $42,607.02 $42,607.02 $0.00 3.0000% Paid 09/02/1997 4.3500 $3,685,000.00 0.00 111,148.75 111,148.75 153,755.77 3.0000 Paid 03/02/1998 4.3500 $3,685,000.00 0.00 111,148.75 111,148.75 0.00 3.0000 Paid 09/02/1998 4.3500 $3,685,000.00 105,000.00 111,148.75 216,148.75 327,297.50 3.0000 Paid 03/0211999 4.6000 $3,580,000.00 0.00 108,865.00 108,865.00 0.00 3.0000 Paid 09/0211999 4.6000 $3,580,000.00 110,000.00 108,865.00 218,865.00 327,730.00 3.0000 Paid 03/0212000 4.8500 $3,470,000.00 0.00 106,335.00 106,335.00 0.00 3.0000 Paid 09/02/2000 4.8500 $3,470,000.00 115,000.00 106,335.00 221,335.00 327,670.00 3.0000 Paid 03/02/2001 5.1000 $3,355,000.00 0.00 103,546.25 103,546.25 0.00 3.0000 Paid 09/02/2001 5.1000 $3,355,000.00 120,000.00 103,546.25 223,546.25 0.00 3.0000 Paid 09/02/2001 Bond Call $3,235,000.00 2,000,000.00 0.00 2,000,000.00 2,327,092.50 0.0000 Paid 03/02/2002 5.2500 $1,235,000.00 0.00 38,361.25 38,361.25 0.00 3.0000 Paid 09/02/2002 5.2500 $1,235,000.00 50,000.00 38,361.25 88,361.25 126,722.50 3.0000 Paid 03/02/2003 5.4000 $1,185,000.00 000 37,048.75 37,048.75 0.00 3.0000 Paid 09/0212003 5.4000 $1,185,000.00 50,000.00 37,048.75 87,048.75 124,097.50 3.0000 Paid 03/02/2004 5.5500 $1,135,000.00 0.00 35,698.75 35,698.75 0.00 3.0000 Paid 09/02/2004 5.5500 $1,135,000.00 55,000.00 35,698.75 90,698.75 0.00 3.0000 Paid 09/02/2004 Bond Call $1,080,000.00 390,000.00 0.00 390,000.00 516,397.50 0.0000 Paid 03/02/2005 5.7000 $690,000.00 0.00 21,835.00 21,835.00 0.00 3.0000 Paid 09/02/2005 5.7000 $690,000.00 35,000.00 21,835.00 56,835.00 78,670.00 3.0000 Paid 03102/2006 5.8000 $655,000.00 0.00 20,837.50 20,837.50 0.00 3.0000 Paid 09/02/2006 5.8000 $655,000.00 40,000.00 20,837.50 60,837.50 81,675.00 3.0000 Paid 03/02/2007 5.9000 $615,000.00 0.00 19,677.50 19,677.50 0.00 2.0000 Paid 09/02/2007 5.9000 $615,000.00 40,000.00 19,677.50 59,677.50 79,355.00 2.0000 Paid 03/02/2008 6.0000 $575,000.00 0.00 18,497.50 18,497.50 0.00 1.0000 Paid 09/02/2008 6.0000 $575,000.00 40,000.00 18,497.50 58,497.50 76,995.00 1.0000 Paid 03/02/2009 6.1000 $535,000.00 0.00 17,297.50 17,297.50 0.00 0.0000 Paid 09/02/2009 6.1000 $535,000.00 45,000.00 17,297.50 62,297.50 79,595.00 0.0000 Paid 03/02/2010 6.5000 $490,000.00 0.00 15,925.00 15,925.00 0.00 00000 Paid 09/02/2010 6.5000 $490,000.00 50,000.00 15,925.00 65,925.00 81,850.00 0.0000 Paid 03/02/2011 6.5000 $440,000.00 0.00 14,300.00 14,300.00 0.00 0.0000 Unpaid 09/02/2011 6.5000 $440,000.00 50,000.00 14,300.00 64,300.00 78,600.00 0.0000 Unpaid 03/02/2012 6.5000 $390,000.00 0.00 12,675.00 12,675.00 0.00 0.0000 Unpaid 09/02/2012 6.5000 $390,000.00 55,000.00 12,675.00 67,675.00 80,350.00 0.0000 Unpaid 03/02/2013 6.5000 $335,000.00 0.00 10,887.50 10,887.50 0.00 0.0000 Unpaid 09/02/2013 6.5000 $335,000.00 60,000.00 10,887.50 70,887.50 81,775.00 0.0000 Unpaid 03/02/2014 6.5000 $275,000.00 0.00 8,937.50 8,937.50 0.00 0.0000 Unpaid 09/02/2014 6.5000 $275,000.00 60,000.00 8,937.50 68,937.50 77,875.00 0.0000 Unpaid 03/02/2015 6.5000 $215,000.00 0.00 6,987.50 6,987.50 0.00 0.0000 Unpaid 09/02/2015 6.5000 $215,000.00 65,000.00 6,987.50 71,987.50 78,975.00 0.0000 Unpaid 03/02/2016 6.5000 $150,000.00 0.00 4,875.00 4,875.00 000 0.0000 Unpaid 09/0212016 6.5000 $150,000.00 70,000.00 4,875.00 74,875.00 79,750.00 0.0000 Unpaid 03/02/2017 6.5000 $80,000.00 000 2,600.00 2,600.00 0.00 0.0000 Unpaid 09/02/2017 6.5000 $80,000.00 80,000.00 2,600.00 82,600.00 85,200.00 0.0000 Unpaid Grand Total: $3,685,000.00 $1,586,428.27 $5,271,428.27 $5,271,428.27 Copyright © 1999-2007 NBS Page 1 of 1 9/3/2010 1:09:01 PM ANNUAL REPORT NO. 14 PROVIDING CONTINUING DISCLOSURE FOR THE FISCAL YEAR ENDING JUNE 30, 2010 ON $3,685,000 PRINCIPAL AMOUNT OF CITY OF BAKERSFIELD, CALIFORNIA ASSESSMENT DISTRICT NO. 96-1 (BRIMHALL II/SPRING MEADOWS/FAIRWAYS/CAMPUS PARK) LIMITED OBLIGATION IMPROVEMENT BONDS APPENDIXG LISTING OF PARCELS WITH DELINQUENT ASSESSMENT INSTALLMENT(S) AS OF JUNE 30, 2010 Note: Appendix G table prepared by the Assessment Engineer using data provided by Issuer's Finance Department APPENDIX G CONTINUING DISCLOSURE ANNUAL REPPORT NO.14 CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO. 96-1 LISTING OF PARCELS WITH DELINQUENT ASSESSMENT INSTALLMENT(S) AS OF JUNE 30, 2010 AD 96-1 ASSESSOR'S DATE ASSESSMENT TAX NUMBER (ATN) DELINQUENT FIRST NUMBER OR DESCRIPTION AMOUNT DELINQUENT 60 496-41 0-15-00-8 $198.91 4/10/2008 96 496-442-01-00-0 $209.76 4/10/2010 121 392-380-02-00-5 $754.58 12/10/2003 144 392-391-15-00-3 $120.93 4/10/2010 166 392-400-16-00-1 $239.46 12/10/2008 232 496-460-18-00-2 $419.52 12/10/2009 245 392-421-07-00-8 $120.93 4/10/2010 267 392-431-01-00-3 $241.86 12/10/2009 301 392-441-04-00-5 $361.59 4/10/2009 302 392-441-05-00-8 $241.86 12/10/2009 351 392-454-05-00-2 $707.05 12/10/2007 353 392-460-01-00-5 $241.90 12/10/2009 376 392-460-24-00-2 $361.59 4/10/2009 TOTALS: 13 ATNs $4,219.94 292400-G (1) Source: Delinquent Amount includes assessment principal and interest, exclusive of any late charges or penalties for reinstatement. Appendix G prepared by the Assessment Engineer using data provided by Issuer's Finance Department G -1 8/4/2010 CONTINUING DISCLOSURE (Submission Status: Published) FINANCIAL/OPERATING FILING (CUSIP-9 Based) Rule 15c2-12 Disclosure Submission ID:EP411401 10/26/2010 17:56:09 Annual Financial Filing: Annual Report No. 14, dated October 20, 2010, for the period from 07/01/2009 to 06/30/2010 DOCUMENTS Financial Operating Filing Bakersfield AD 96-1 Annual Report No. 14 Dated 102010.pdf posted 10/26/2010 The following Issuers are associated with this Continuing Disclosure submission: The following 13 securities have been published with this Continuing Disclosure submission: CUSIP-6 State Issuer Name 057510 CA BAKERSFIELD CALIF IMPT BD ACT 1915 CUSIP-9 Maturity Date 057510NP0 09/02/1998 057510NQ8 09/02/1999 057510NR6 09/02/2000 057510NS4 09/02/2001 057510NT2 09/02/2002 057510NU9 09/02/2003 057510NV7 09/02/2004 057510NW5 09/02/2005 057510NX3 09/02/2006 057510NY1 09/02/2007 057510NZ8 09/02/2008 Submission Preview Print Page 1 of 2 http://dataport.emma.msrb .org/Submission/SubmissionPreviewPrint.aspx?submissionId=... 10/26/2010 057510PA1 09/02/2009 057510PB9 09/02/2017 Submitter's Contact Information Company: Goodwin Procter LLP Name: GEOFFREY GEDDES Address: 10250 CONSTELLATION BOULEVARD City, State Zip: LOS ANGELES, CA 90067 Phone Number: 3107885111 Email: ggeddes@goodwinprocter.com © 2009 Municipal Securities Rulemaking Board (MSRB) Submission Preview Print Page 2 of 2 http://dataport.emma.msrb.org/Sub mission/SubmissionPreviewPrint.aspx?submissionId=... 10/26/2010