Loading...
HomeMy WebLinkAboutAD 03-1 Annual Report No. 7 FY 2009-10 ANNUAL REPORT NO.7 PROVIDING CONTINUING DISCLOSURE FOR THE FISCAL YEAR ENDING JUNE 30,2010 ON $2,895,000 PRINCIPAL AMOUNT OF CITY OF BAKERSFIELD, CALIFORNIA ASSESSMENT DISTRICT NO. 03-1 (BRIGHTON PLACE/SILVER CREEK II) LIMITED OBLIGATION IMPROVEMENT BONDS (Final Maturity September 2,2024, CUSIP<l) No. 057510 XP9) 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. 03-1 (559) 436-6644 DECEMBER 22, 2010 (l) Copyright20I0, AmericanBankersAssociation. CUSIPdata herein is providedbyStandardand Poor's CUSIPServiceBureau,a divisionofThe McGrawHill Companies, Inc. This data is not intended to create a database and does not serve in any wayas a substitutefor the CUSIP services.The CUSIP number aboveis providedfor informationonly.Neither the Cityof BakersfieldnorWilson& Associatesis responsiblefor theaccuracyor completeness of such number. I.. ANNUAL REPORT NO.7 PROVIDING CONTINUING DISCLOSURE FOR THE FISCAL YEAR ENDING JUNE 30, 2010 ON $2,895,000 PRINCIPAL AMOUNT OF CITY OF BAKERSFIELD, CALIFORNIA, ASSESSMENT DISTRICT NO. 03-1 (BRIGHTON PLACE/SILVER CREEK II) LIMITED OBLIGATION IMPROVEMENT BONDS TABLE OF CONTENTS DESCRIPTION PAGE INTRODUCTORY STATEMENT 1 ALL IMPROVEMENTS AUTHORIZED FOR AD 03-1 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 "(b)(i)" through "(b)(vi)" in Issuer's Continuing Disclosure Certificate "Section 4. Content of Annual Reports." 3 (b)(i). Principal amount of Bonds outstanding, outstanding, including principal amount and years of maturity ofBonds, if any, called for redemption in advance of maturity ...... 4 (b)(ii). Balances in the Improvement, Redemption and Reserve Funds 4 (b)(iii). Identification of and information on parcels with any delinquent assessment installments 4 (b)(iv). A current statement of the status of completion or progress toward completion of the public improvements described in the Official Statement for the Bonds (the "AD 03-1 OS") under the subheading "THE ASSESSMENT DISTRICT AND THE IMPROVEMENTS -Description of the Community Areas and the Improvements." 5 29610fCD7TOC -i-12/13/10 DESCRIPTION PAGE (b)(v). A current statement of the land-secured public financing information summarized in the AD 03-1 OS under the subheading "THE BONDS -Priority of Lien." 6 (b)(vi). A current statement of the parcel information set forth in Columns 5 through 9, inclusive, of Appendix E to the AD 03-1 OS, for both existing and future parcels. .. 8 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. 11 MISCELLANEOUS 12 Report Appendices Appendix A Appendix B Appendix C Appendix D Appendix E Appendix F Appendix G 29610cCD4TOC Issuer's Continuing Disclosure Certificate for Assessment District No. 03-1 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.7) Copies of Pages 4 Through 8 of Annual Report No.4 and a Copy of Appendix C of Annual Report No.4 ("Letter dated February 14, 2008, from Property Development Representative Transmitting the Current Acquisition Schedule and Describing the Current Status of Completion of the Public Improvements for the Brighton Place Area and the Silver Creek II Area Financed by Assessment District No. 03-1") (On file with the National Repositories as Appendix C ofAnnual Report No.5) Listing of Parcels with Delinquent Assessment Installment(s) as of June 30, 2010 Note: Appendix D table prepared by the Assessment Engineer using data provided by Issuer's Finance Department Current Assessment and Assessor's Value Data Current Debt Service Schedule for the Bonds Updated for the 2008 Bond Call Note: Appendix F table provided by Issuer's Finance Department List of Bonds Called in Advance of Maturity on September 2, 2008, by Year of Bond Maturity and Principal Amount Called in Each Maturity ($300,000.00 Total Principal Amount of Bonds Called) Note: Appendix G table provided by Issuer's Finance Department -ii-12/13/10 ANNUAL REPORT NO.7 PROVIDING CONTINUING DISCLOSURE FOR THE FISCAL YEAR ENDING JUNE 30, 2010, ON $2,895,000 PRINCIPAL AMOUNT OF CITY OF BAKERSFIELD, CALIFORNIA, ASSESSMENT DISTRICT NO. 03-1 (BRIGHTON PLACE/SILVER CREEK II) LIMITED OBLIGATION IMPROVEMENT BONDS INTRODUCTORY STATEMENT This Continuing Disclosure Annual Report No.7 (the "Annual Report No.7") has been prepared pursuant to the covenants set forth in the "City Continuing Disclosure Certificate" dated June 2, 2004 (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.2 (the "Annual Report No.2") for AD 03-1 (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 $2,895,000 aggregate principal amount of its City of Bakersfield Assessment District No. 03-1 (Brighton Place/Silver Creek II) Limited Obligation Improvement Bonds (the "Bonds"), for its Assessment District No. 03-1 (Brighton Place/Silver Creek II) ("AD 03-1"). 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. 174-04 (the "Bond Resolution"), adopted by the City Council ofthe Issuer (the "City Council") on April 28, 2004. This Annual Report No.7 has been prepared for the Issuer's Finance Department by Edward J. Wilson, a registered Civil Engineer certified by the State ofCalifornia, doing business as Wilson & Associates, Fresno, California, the duly appointed Assessment Engineer for AD 03-1 (the "Assessment Engineer"). This Annual Report No.7 has been prepared pursuant to the requirements of"Section 4. Content ofAnnual Reports"ofthe Continuing Disclosure Certificate and contains the financial information and operating data relating to AD 03-1 and to the property in AD 03-1, which, except as otherwise noted herein, is effective as ofthe June 30, 2010 end ofthe Issuer's Fiscal Year 2009/2010 ("FY09/1 0") to which this Annual Report No.7 applies. 2961OfCD7Rpt -1-12/22/10 ALL IMPROVEMENTS AUTHORIZED FOR AD 03-1 FINANCING HAVE BEEN COMPLETED AND ALL ELIGIBLE COST CLAIMS HAVE BEEN PAID As reported in Continuing Disclosure Annual Report No.4 (the "Annual Report No.4"), during the fiscal year of the Issuer ending June 30, 2007, all of the work and acquisitions authorized for funding pursuant to the AD 03-1 proceedings were completed, payment requests for that work and acquisitions have been submitted to the Issuer and evaluated, and all eligible costs have been paid to the applicant. Descriptions of the work and acquisitions originally approved for AD 03-1 financing were provided in Appendix C of Continuing Disclosure Annual Report No.5 (the "Annual Report No.5") in the form of copies of pages 4 through 8 of Annual Report No.4 and a copy of Appendix C of Annual Report No.4 ("Letter dated February 14, 2008, from Property Development Representative Transmitting the Current Acquisition Schedule and Describing the Current Status of Completion of the Public Improvements for the Brighton Place Area and the Silver Creek II Area Financed by Assessment District No. 03-1"). Appendix C of Annual Report No.5 is referenced in Appendix C of this Annual Report No.7. 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. Reporting of Significant Events" for a listing ofsignificant events ("Listed Events") with respect to the Bonds, including its subsection (a)(iv): "optional, contingent, or unscheduled Bond calls." A subsection (a)(iv) Listed Event previously occurred and was reported in Annual Report No.5. Although the subsection (a)(iv) Listed Event reported in Annual Report No.5 occurred after the June 30, 2008 end of the Issuer's Fiscal Year 200712008 to which Annual Report No.5 applied, that event was described in Annual Report No.5 in the interest ofproviding disclosure information on a timely basis and is summarized below: On September 2, 2008, Issuer called $300,000.00 principal amount of the Bonds in advance of maturity (the "2008 Bond Call"). Issuer gave notice of the 2008 Bond Call pursuant to the Bond Resolution. Funds for the 2008 Bond Call were obtained from parcel assessment prepayments for which Issuer's Finance Department had recorded lien releases, from interest earned on AD 03-1 funds held by the Issuer, and from the Reserve Fund for the Bonds. Reference is made to Section V of this Annual Report No.7, which begins on page 11, for a description ofthe sources offunds used to pay the total cost ofthe 2008 Bond Call, to Appendix G of this Annual Report No.7 for a list of the Bonds, by year of maturity, called on September 2,2008, and to Appendix F of this Annual Report No.7 for the current debt service schedule for the Bonds updated for the 2008 Bond Call. B. According to 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.7, nor have there been any prior failures to comply with the Continuing Disclosure Certificate covenants during that time. 2961OfCD7Rpt -2-12/22/10 II. Annual Report Dissemination Agent Pursuant to the Continuing Disclosure Certificate "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" the Continuing Disclosure Certificate. However, the Issuer has not appointed or engaged a Dissemination Agent. The Issuer will act as the Dissemination Agent for the distribution ofthis Annual Report No.7 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. 7 was prepared, the "City of Bakersfield Comprehensive Annual Financial Report for the Fiscal Year Ended June 30, 2010 (Audited)" (hereafter referred to as "Issuer's Audited Financial Report-FY091l 0") had been approved by Issuer's City Council. Subsequent to the date this Annual Report No.7 is filed with the MSRB, Issuer's Audited Financial Report-FY09/10 will be filed with the MSRB under separate cover. Issuer's Audited Financial Report-FY09/1O, when so filed, is incorporated herein by reference as "Appendix B -Issuer's Audited Financial Report for Fiscal Year Ended June 30, 2010," 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 OFTHE CITYOFBAKERSFIELD (OTHERTHANTHE 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 "(b)(i)" through "(b)(vi)" in Issuer's Continuing Disclosure Certificate "Section 4. Content of Annual Reports." The following items "(b)(i)" through "(b)(vi)" present the information listed under the Continuing Disclosure Certificate "Section 4. Content of Annual Reports" as items "(b)(i)" through "(b)(vi)," which are the items that this Annual Report No. 7 shall contain or incorporate by reference. The following items "(b)(i)" through "(b)(vi)" are presented in the same order as the above-referenced "(b)(i)" through "(b)(vi)" 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 ofthe Issuer's FY091l0. 29610fCD7Rpt -3-12/22/10 (b)(i). Principal amount of Bonds outstanding, including principal amount and years of maturity ofBonds, if any, called for redemption in advance ofmaturity: According to Issuer's Finance Department: A. The principal amount ofthe Bonds outstanding is $2,030,000.00 as ofSeptember 3,2010. B. The Bonds called for redemption in advance of maturity on September 2,2008, are listed by year of maturity and by principal amount called in the table provided by Issuer's Finance Department, attached hereto as Appendix G and incorporated herein by reference. The principal amount and years ofrnaturity of the Bonds outstanding, updated for the Bonds that have previously matured and for the 2008 Bond Call, are shown in Appendix F, attached hereto and incorporated herein by reference. C. The Bonds have not been defeased as ofthe date ofthis Annual Report No.7. (b)(ii). Balances in the Improvement, Redemption and Reserve Funds: According to Issuer's Finance Department, as ofJune 30, 2010, the referenced Fund balances were as follows: A. The Improvement Fund: $ 0.00 B. The Redemption Fund: $ 236,187.07 C. The Reserve Fund: $ 220,177.50 Note: The current Reserve Requirement (as defined in the Bond Resolution) for the Reserve Fund is $220,177.50. (b)(iii). Identification of and information on parcels with any delinquent assessment installments: A. The amount delinquent (exclusive of late charges and monthly penalties for reinstatement); B. The date (December 10 or April 10) of the first delinquency; C. 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; and, D. 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 Continuing Disclosure Certificate Section 4.(b)(iii): 1. For the preceding items IV.(b)(iii).A and IV.(b)(iii).B: The table entitled "Continuing Disclosure Annual Report No.7, City of Bakersfield Assessment District No. 03-1, Listing ofParcels with Delinquent 29610fCD7Rpt -4-12/22/10 Assessment Installments(s) as of June 30, 2010," attached hereto as Appendix D and incorporated herein by reference, presents the list ofparcels in AD 03-1 that on June 30, 2010, had delinquent assessment installments. Each parcel is identified by its assigned AD 03-1 Assessment Number and by its Kern County Assessor's Tax Number ("ATN"). Appendix D 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) ofthe first delinquency. The Appendix D table has been prepared by the Assessment Engineer from data provided by the Issuer's Finance Department. 2. For the preceding items IV.(b)(iii).C and IV.(b)(iii).D: According to Issuer's Finance Department, as of June 30, 2010, several foreclosure complaints had been filed by the Issuer respecting the delinquent parcels shown in Appendix D. Pursuant to the Bond Resolution, the Issuer will, by not later than October 1 in any year, file an action in the Superior Court ofKern ofKern County to foreclose the lien on each delinquent assessment if (1) the sum ofuncured 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 Reserve Fund is less than the Reserve Requirement. The foreclosure complaints that had been filed by the Issuer as ofthe June 30, 2010 effective date ofthis Annual Report No.7 are identified in Appendix D. However, no foreclosure sales have occurred as of June 30, 2010. (b)(iv). A current statement ofthe status ofcompletion or progress toward completion ofthe public improvements described in the Official Statement for the Bonds (the "AD 03-1 OS") under the subheading "THE ASSESSMENT DISTRICT AND THE IMPROVEMENTS -Description ofthe Community Areas and the Improvements." As stated on page 2 of this Annual Report No.7, all of the public improvements authorized for funding pursuant to the AD 03-1 proceedings have been completed and all eligible costs have been paid to the applicant. As also stated on page 2, descriptions ofthe work and acquisitions originally approved for AD 03-1 financing were provided in Appendix C ofAnnual Report No.5 in the form ofcopies ofpages 4 through 8 ofAnnual Report No.4 and a copy ofAppendix C ofAnnual Report No. 4 ("Letter dated February 14, 2008, from Property Development Representative Transmitting the Current Acquisition Schedule and Describing the Current Status of Completion of the Public Improvements for the Brighton Place Area and the Silver Creek II Area Financed by Assessment District No. 03-1"). Appendix C of Annual Report No.5 is referenced in Appendix C of this Annual Report No.7. 29610fCD7Rpt -5-12/22/10 (b)(v). A current statement ofthe land-secured public financing information summarized in the AD 03-1 as under the subheading "THE BONDS -Priority of Lien." A. As described in the AD 03-1 as under the subheading "THE BONDS -Priority of Lien," the property within the Brighton Place Area is subject to an existing special tax lien created by the 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 ofwhether any bonds are issued. No other AD 03-1 property outside the Brighton Place Area property 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 property in the Brighton Place Area is 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. (Final tract maps have been recorded for all property within the Brighton Place Area.) 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 $140.00 (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$548.91 (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 construction cost index). All Brighton Place Area assessed properties have a single-family residential land use designation. Therefore, there are no AD 03-1 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.7. If any new land divisions are recorded within the Brighton Place Area of AD 03-1 subdividing existing lots or parcels into new residential lots or parcels, all 29610fCD7Rpt -6-12/22/10 of those new lots or parcels will be subject to the levy of the CFD No. 92-1 special tax at the rates as described above, unless the special tax obligation for each new lot or parcel is prepaid at the time a building permit for the lot or parcel is issued. B. Also as described in the AD 03-1 OS under the subheading "THE BONDS Priority of Lien," the property with the Silver Creek II Area was subject to an existing special tax lien created by Lakeside CFD No. 96-1. On June 4, 1996, an election was held within the recorded boundaries of Community Facilities District No. 96-1 of the Lakeside Union Elementary School District ("Lakeside CFD No. 96-1"), pursuant to the Mello-Roos Act, in which the eligible voters approved by a more than two-thirds vote the proposition oflevying a special tax and setting an appropriation limit. The Lakeside CFD No. 96-1 special taxes will be used to provide funds to plan for, design, acquire, construct, lease, expand, improve, rehabilitate, finance, or used as security for bonds or or equivalent securities issued to finance certain Lakeside Union Elementary School District Facilities. Only the Silver Creek II Area in AD 03-1 is within the recorded boundaries ofthe Lakeside CFD No. 96-1. On July 9, 1996, the Board of Trustees of the Lakeside Union Elementary School District (the "Lakeside Board"), acting as the legislative body of Lakeside CFD No. 96-1, adopted its Ordinance No. 1996-1 authorizing the levy ofa special tax within Lakeside CFD No.1. On July 16, 1996, a Notice of Special Tax Lien for Lakeside CFD No. 96-1 was recorded as Recorder's Document No. 0196089973 ofKem County Official Records. No maximum bonded indebtedness was approved. The Issuer has learned that on May 18, 2009, the Lakeside Board adopted: (i) its Ordinance No. 2009-1 dissolving Lakeside CFD No.1; and (ii) its Resolution No. 05122009B which ceased the levy ofa special tax within the CFD No.1 and directed the Clerk of the Lakeside Board to cause the recording of a Notice of Cessation of Special Tax with the office of the Kern County Recorder; all after the November 4, 2008 election which authorized issuance of $22,500,000.00 general obligation bonds by the Lakeside Union Elementary School District. In accordance with related ordinances and a rate and method of apportionment governing CFD No.1, the Lakeside Board determined that CFD No.1 should cease levying special taxes should general obligation bonds of CFD No.1 be authorized and issued. C. The Issuer has reported that there are no other special tax or assessment liens against the parcels in AD 03-1. Therefore, none of the assessments against property in AD 03-1 that secure the Bonds is subordinate to any other fixed special assessment liens. However, the CFD No. 92-1 special tax lien on property in the Brighton Place Area is co-equal to and independent of the AD 03-1 parcel assessment liens that secure payment ofthe Bonds. 2961OfCD7Rpt -7-12/22/10 (b)(vi). A current statement of the parcel information set forth in Columns 5 through 9, inclusive, of Appendix E to the AD 03-1 as, for both existing and future parcels. The table entitled "Annual Report No.7, City of Bakersfield Assessment District No. 03-1, Current Assessment and Assessor's Value Data," attached hereto as Appendix E and incorporated herein by reference (the "Current Appendix E"), presents the current valuation and assessment data for every AD 03-1 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 06/30/10." 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 03-1. 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 Total Values (Assessor's Land + Improvement) (5)," "Remaining Assessment Balance (6)," and "Assessor's Value/Lien (7)" ratio for everyAD 03-1 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 presented below: A. As generally described in Note (3) of the Current Appendix E, the parcel assessment amounts listed in Column 3 ofthe AD 03-1 as Appendix E, entitled "AD 03-1 Assessment Amount (3)," are the originally confirmed parcel assessment amounts totaling $3,080,000.00. Since all ofthe AD 03-1 property owners submitted written waivers ofthe 30-day assessment cash payment period, no assessments were paid in full, or in part, prior to issuance of the Bonds. Pursuant to the City Council Resolution No. 202-04 (Resolution Ordering Change of Proceedings to Reduce Assessments to $2,895,000 for Parcels Located in Assessment District No. 03-1) adopted on June 23,2004, the Issuer's Finance Department had recalculated the originally confirmed assessment amounts, because the $2,895,000.00 total amount of the Bonds sold on June 2, 2004, was $185,000.00 less than the $3,080,000.00 total amount of the unpaid parcel assessment liens. That $185,000.00 share of the original total unpaid assessment lien amount that was not used to secure the Bonds has been apportioned among the AD 03-1 parcels as an original unpaid assessment reduction credit, in direct proportion to each parcel's share of the total original unpaid assessment lien amount. The apportioned credit was deducted from each parcel's original unpaid total assessment, and those lower "adjusted" amounts are the amounts shown for each parcel on the Amended Assessment Roll attached as Exhibit A to the referenced Addendum to Notice of Assessment. Those "adjusted" parcel assessments amounts are also the amounts shown in Column 3 of the attached Current Appendix E entitled "AD 03-1 Assessment Amount (3)." The lower "adjusted" parcel assessment amounts were used to calculate each parcel's "Appraised Value/Lien (4)" ratio that is shown on Current Appendix E, in Column 4. Therefore, the Current Appendix E parcel "Appraised Value/Lien 2961OfCD7Rpt -8-12/22/10 (4)" ratio is higher for each parcel than the "Appraised Value/Lien (4)" ratio for the same parcel that is shown on Appendix E ofthe AD 03-1 OS. Each parcel's Original Appraised Value/Lien ratio, as shown in the Current Appendix E, will not change in future annual reports submitted for AD 03-1. Accordingly, the assessment liens of record shown in Exhibit A to the referenced Addendum to Notice of Assessment on all AD 03-1 assessed parcels remain in place as the security for the Bonds issued on June 2, 2004. B. As described in Note (6) of the Current Appendix E, the remaining assessment amounts shown for each AD 03-1 parcel in Column 8 "Remaining Assessment Balance (6)" were calculated by Issuer's Finance Department and, except for the parcels shown in Appendix D of this Annual Report No.7, are equal to each parcel's assessment principal amount at the beginning ofthe 2010/2011 property tax year. The amounts shown in Column 8 ofthe Current Appendix E table for the nine (9) parcels shown on Appendix D ofthis Annual Report No.7 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 rowan page 9 of the Current Appendix E table, entitled "Assessment District Totals/Overall," of $2,031,557.06 is higher by the $1,557.06 combined total amount of delinquent principal installments included in the Appendix D delinquent installment amounts than the $2,030,000.00 total remaining principal amount of all unpaid assessments (the "Total Unpaid Principal"). The Total Unpaid Principal amount is equal to the $2,030,000.00 total principal amount of the Bonds outstanding on September 3, 2010. C. 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 03-1 parcels as they were shown on the records ofthe Assessor of the County of Kern, California (the "Assessor") for the Assessor's Ownership Roll for the 2010/2011 Tax Year (the "Assessor's Roll"). D. For FY09/10, to which this Annual Report No.7 applies, no new land divisions ofassessed parcels in AD 03-1 were recorded. However, if a land division ofa parcel with an unpaid AD 03-1 assessment lien is recorded, the Assessment Diagram showing the "as existing" parcel configuration will be 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 adjusted assessment lien for each subdivided "as existing" parcel will be segregated and apportioned to the new lots or parcels created by the land division, and a separate lien recorded on each new lot or parcel in the amount of its apportioned share ofthe total remaining assessment principal balance for the "as existing" parcels. The subdivided "as existing" parcels will be identified on the then Current Appendix E table by a note in the "Assessor's Tax Number (ATN) or Description" and "Owner's Name (5)" columns, which will state "Deleted from the Roll by Amendment No.__--See Note ~." Ifthe subdivided "as existing" parcel was an originally assessed parcel that existed at 2961OfCD7Rpt -9-12/22110 the time the Notice of Assessment for AD 03-1 was recorded, then the assessment and valuation data for the subdivided "as existing" parcel will be shown in the then Current Appendix E under the "Original Value/Lien Data as of0612004 (Not Updated to Current Year Values)" column group (the "Original Data Group"). However, for each originally assessed parcel that is subdivided, the abbreviation "N/A-2" will be entered into its corresponding five columns of the Current Data Group shown on the then 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" will be entered in each of the parcel's Original Data Group columns in the then Current Appendix E table, indicating that the parcel did not exist at the time the Notice of Assessment for AD 03-1 was recorded. The same "N/A-4" note will also be entered for those parcels in each of their Current Data Group columns because the "as existing" parcel's "Remaining Assessment Balance" would be apportioned to the new lots created by the subdivision ofthe "as existing" parcel. The new lots created by the subdivision ofan "as existing" parcel will also have the abbreviation "N/A-4" entered 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 will 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 Note "N/A-3" indicating no Assessor's data for the lot was available at the time the then current annual report was prepared. The Note "N/A-1" 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 the Current Appendix E page 10 describe all ofthe abbreviations contained in that table. E. The four columns on the attached Current Appendix E table that are grouped under the Original Data Group present the parcel data available at the time the Bonds were sold. The "Assessor's Land Value (1)" column ofthe Original Data Group has "N/A" entered, because there was no parcel Assessor's Land Value data available for the AD 03-1 assessed parcels at the time the AD 03-1 OS was prepared. F. Each parcel's Assessor's Value to Assessment Lien Ratio for FY09/10 is shown on the Current Appendix E table in 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. As stated in the preceding subparagraph E, there are no Original Data Group "Assessor's Land Value (I)" amounts available to compare to the Current Data Group "Total Values (Assessor's Land +Improvement) (5)" amounts shown on the Current Appendix E table. This Annual Report No. 7 makes no representation with regard to current retail valuations for the AD 03-1 properties. 2961OfCD7Rpt -10-12/22/10 G. As stated in Annual Report No.2, beginning with Annual Report No.2 and continuing for all future annual reports, the AD 03-1 parcels will be listed in the Current Appendix E table by sequential Assessment Number. Also beginning with Annual Report No.2, a new column has been added to the Current Appendix E table between the "Owner's Name (5)" and "Assessor's Land Value (I)" columns, entitled "Dist. Area Code (8)." A code abbreviation for each of the two AD 03-1 District Areas has been added to the data listed for each parcel to identify the District Area (Brighton Place as "BP" and Silver Creek II as "SC II") in which each parcel is located. This Annual Report No. 7 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 California, Inc Owned" ATN's and the "Owned by Others" ATN's. 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 ofthe 2008 Bond Call was $309,000.00, including $300,000.00 in total principal amount of the Bonds called in advance of maturity and the $9,000.00 Bond Call Premium. Pursuant to information provided by Issuer's Finance Department, the $309,000.00 total cost of the 2008 Bond Call was paid from funds from the following sources: Sources of Funds Re: 2008 Bond Call 1. 2. 3. 4. Accumulated interest earned by AD 03-1 Cash held from prior assessment payoffs Reduction in AD 03-1 Reserve Fund Total of Sources $279,025.03 $ 2,727.47 $ 27,247.50 $309,000.00 Uses of Funds Re: 2008 Bond Call 1. 2. 3. Principal amount of the Bonds called in advance of maturity on September 2, 2008 The 2008 Bond Call Premium Total of Uses $300,000.00 $ 9,000.00 $309,000.00 All expenses ofthe 2008 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 2008 Bond Call. The new Reserve Fund amount after the 2008 Bond Call is $220,177.50. The Reserve Fund amount is equal to the maximum annual debt service on the principal amount of the Bonds remaining after the 2008 Bond Call which occurred in the year ending September 2,2009. A copy of "Current Debt Service Schedule for the Bonds Updated for the 2008 Bond Call," as 29610fCD7Rpt -11-12/22/10 provided by Issuer's Finance Department, is attached as Appendix F ofthis Annual Report No. 7 and incorporated herein by reference. The Issuer's Finance Department applied the $300,000.00 in principal reduction for the Bonds as follows: i) $2,727.47 has been credited to the one parcel assessment that has been paid in full, and ii) $297,272.53 applied as a credit to reduce the amount remaining unpaid on the AD 03-1 parcels with unpaid assessment amounts as ofthe June 30, 2008 effective date ofAnnual Report No.5. No information beyond that provided in this Annual Report No.7 is necessary to make the statements and information provided herein, in the light ofthe circumstances under which they are made, not misleading. MISCELLANEOUS The foregoing information on the current status ofAD 03-1 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.7, whether attached in their entirety or attached by reference to the document already on file with the National Repositories or the MSRB. Any statements in this Annual Report No.7 involving matters ofopinion, whether or not expressly so stated, are intended as such and not as representations of fact. This Annual Report No.7 is not to be construed as a contract or agreement between the Issuer and the owners of any of the Bonds. The execution and delivery ofthis Annual Report No.7 has been duly authorized by the Issuer. City of Bakersfield By: lsi Nelson K. Smith Nelson K. Smith, Finance Director 29610fCD7Rpt -12-12/22/10 ANNUAL REPORT NO.7 PROVIDING CONTINUING DISCLOSURE FOR THE FISCAL YEAR ENDING JUNE 30, 2010 ON $2,895,000 PRINCIPAL AMOUNT OF CITY OF BAKERSFIELD, CALIFORNIA ASSESSMENT DISTRICT NO. 03-1 (BRIGHTON PLACE/SILVER CREEK II) LIMITED OBLIGATION IMPROVEMENT BONDS APPENDIXi\ ISSUER'S CONTINUING DISCLOSURE CERTIFICATE FOR ASSESSMENT DISTRICT NO. 03-1 CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO. 03-1 (BRIGHTON PLACE/SILVER CREEK II) LIMITED OBLIGATION IMPROVEMENT BONDS CITY CONTINUING DISCLOSURE CERTIFICATE This Continuing Disclosure Certificate (the "Disclosure Certificate") is executed and delivered by the City of Bakersfield (the "City") in connection with the issuance by the City of $2,895,000 in aggregate principal amount .of the above-referenced bonds (the "Bonds") for Assessment District No. 03-1 (Brighton Place/Silver Creek IT) (the "Assessment District"). The Bonds are being issued pursuant to a resolution authorizing issuance of the Bonds, being Resolution No. 174-04 (the "Resolution"), adopted by the City Council of the City on April 28, 2004. The City covenants and agrees as follows: Section 1. Purpose of the Disclosure Certificate. This Disclosure Certificate is being executed and delivered by the City for the benefit of the Holders and Beneficial Owners of the Bonds and in order to assist the ParticipatingUnderwriter in complying with Securities and Exchange Commission Rule 15c2-12(b)(5), as amended. 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 shall have the following meanings: "Annual Report" shall mean any Annual Report provided by the City pursuant to, and as described in, Sections 3 and 4 ofthis Disclosure Certificate. "Beneficial Owner" shall mean any person who has the power, directly or. indirectly, to vote or consent with respect to, or to dispose of ownership of, any Bonds (including persons holding Bonds through nominees, depositories, or other intermediaries). "Dissemination Agent" shall mean the City, or any successor Dissemination Agent designated in writing by the City and which has rued with the City a written acceptance of such designation. "Fiscal Year" shall mean the 12~month period beginning on July I and ending on the nextfollowing nextfollowing June 30, unless and until changed by the City. "Holder" shall mean either the registered owner ofany Bond, or, if the Bonds are registered in the name of DTC or another recognized depository, any Beneficial Owner or applicable participant in its depository system. "Listed Events" shall mean any ofthe events listed in Section5(a) ofthis Disclosure Certificate. "National Repository" shall mean any Nationally Recognized Municipal Securities Information Repository for purposes of the Rule. The current National Repositories are listed on the Securities and Exchange Commission website at http://www.sec.gov/info/municipal/nrmsir.htm. "Official Statement" shall mean the [mal Official Statement, dated May 19, 2004, pertaining to the Bonds. "participating Underwriter" shall mean UBS Financial Services Inc., and any other original underwriters of the Bonds required to comply with the Rule in connection with offering of the Bonds. "Repository" shall mean each National Repository and each State Repository. Repository. "Rule" shall mean Rule 15c2-12(b)(5) adopted by the Securities and Exchange Commission under the Securities Exchange Act of 1934; as the same may be amended from time to time. 20501291vl "State Repository" shall mean any public or private repository or entity designated by the State of California as a state repository for the purpose of the Rule and recognized as such by the Securities and Exchange Commission." As ofthe date ofthis Disclosure Certificate, there is no State Repository. Section 3. Provision ofAnnual Reports. (a) " The City shall, or shall cause the Dissemination Agent to, not later than nine (9) months after the end ofthe City's Fiscal Year (i.e., currently not later thanApril I of each year), commencing with the report for the 2003-04 Fiscal Year, provide to each Repository an Annual Report which is consistent with the requirements of Section 4 of this Disclosure Certificate. The Annual Report may be submitted as a single document or as separate documents comprising a package, and may include by reference other information as provided in Section 4 of this Disclosure Certificate; provided that the audited financial statements of the City 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 ifnot available by that date. If the City's Fiscal Year changes, it shall give notice of such change in the same manner as for a Listed Event under Section 5(c). (b) Not later than fifteen (15) Business Days prior to the date required in subsection (a), the City shall provide the Annual Report to the Dissemination Agent (if other than the City). If the City is unable to provide to each Repository an Annual Report by the date required in subsection (a), the City shall send to each Repository a notice in substantially the form attached hereto as Exhibit A. (c) The Dissemination Agent shall: (i) determine each year, prior to the date for providing the Annual Report, the name and address ofeach Repository, and file the Annual Report with each Repository, and (ii) if the Dissemination Agent is other than the City, file a report with the City certifying that the Annual Report has been provided pursuant to this Disclosure Certificate, stating the date it was provided and listing all the Repositories to which it was provided. Section 4. Content of Annual Reports. The City's Annual Report shall contain or incorporate by reference the following: (a) The audited financial statements of the City for the prior Fiscal Year, prepared in accordance with generally accepted accounting principles as promulgated to apply to governmental entities from time to time by the Governmental Accounting Standards Board. If the City's audited financial statements are not available by the time the Annual Report is required to be filed pursuant to Section 3(a), the Annual Report shall contain unaudited financial statements in a format similar to the fmancial statements contained in the fmal Official Statement, and the audited financial statements shall be filed in the same manner as the Annual Report when they become available. Notwithstanding the foregoing, each Annual Report or other filing containing the City's financial statements may include the following or other similar statement: THE FOLLOWING FINANCIAL STATEMENTS ARE PROVIDED SOLELY TO COMPLY wrm: 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 ms 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. " (b) The following information with respect to the City for the Fiscal Year to which the Annual Report relates, which information may be provided by its inclusion in the audited financial statements of the City for the prior Fiscal Year described in subsection (a) above: 2 20501291vl (i) The principal amount of Bonds outstanding, including principal amounts and years of maturity ofBonds, if any, called for redemption in advance ofmaturity. (ii) The balances as of the end of such Fiscal Year in each of the following funds established pursuant to the Resolution: (A) the Improvement Fund; (B) the Redemption Fund; and (C) the Reserve Fund. (iii) Identification of each parcel for which any installment of the unpaid assessment is . delinquent, together with the following information respecting each such parcel: (A) the amount delinquent (exclusive of late charges and monthly penalties for reinstatement); (B) the date (December 10 or April 10) of the first delinquency; (C) 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; and (D) in the event a foreclosure sale has occurred respecting such delinquent parcel, a summary of the results of such foreclosure sale. (iv) A current statement of the status of completion or progress toward completion of the public improvements described in the Official Statement under the subheading ''THE ASSESSMENT DISTRICT ANDTHE IMPROVEMENTS -Description of the Community Areas and the Improvements," . (v) A current statement of the land-secured public financing information summarized in the Official Statement under the subheading "TIffi BONDS -Priority ofLien. " (vi) A current statement ofthe parcel information set forth in Columns 5 through 9, inclusive, ofAPPENDIX E to the Official Statement, for both existing and future parcels. (c) In addition to any of the information expressly required to be provided under paragraphs (a) and (b) of this Section, the City shall provide such further information, if any, as may be necessary to make the specifically required statements, in the light of the circumstances under which they are made, not misleading. Any or all of the items listed above may be included by specific reference to other documents, including official statements of debt issues of the City or related public entities, which have been submitted to each of the Repositories or the Securities and Exchange Commission. If the document included by reference is a final official statement, it must be available from the Municipal Securities Rulemaking Board; The City shall clearly identify each such other document so included by reference. Section 5. Reporting ofSignificant Events. (a) Pursuant to the provisions of this Section 5, the City shall give, or cause to be given, notice of the occurrence ofany ofthe following events (each, a "Listed Event") with respect to the Bonds, ifmaterial: (i) principal and interest payment delinquencies; (ii) non-payment related defaults; (iii) modifications to rights ofBond Holders; (iv) optional; contingent, or unscheduled Bond calls; (v) defeasances; (vi) rating changes; (vii) adverse tax opinions or events adversely affecting the tax-exempt status ofthe Bonds; (viii) unscheduled draws on the debt service reserves reflecting financial difficulties; 3 2050129lvl (ix) unscheduled draws on credit enhancements reflecting financial difficulties; (x) substitution of credit or liquidity providers, or their failure to perform; or (xi) release, substitution, or sale ofproperty securing repayment ofthe Bonds. (b) Whenever the City obtains knowledge of the occurrence of a Listed Event, the City shall as soon .as possible determine ifsuch event would be material under applicable Federal securities law. (c) If the City determines that knowledge of the occurrence of a Listed Event would be material under applicable Federal securities law, the City shall promptly file a notice of such occurrence with either (i) the Municipal Securities Rulemaking Board and the State Repository or (ii) the Repositories. Notwithstanding the foregoing, notice of Listed Events described in subsections (a)(iv) and (v) need not be given under this subsection any earlier than the notice (if any) of the underlying event is given to Holders of affected Bonds pursuant to the Resolution. .Section 6. Termination of Reporting Obligation. The City's obligations under this Disclosure Certificate shall terminate upon the .legal defeasance, prior redemption, or payment in full of all of the Bonds. If such termination occurs prior to the final maturity of the Bonds, the City shall give notice ofsuch termination in the same manner as for a Listed Event under Section 5(c). Section 7. Dissemination Agent. The City may, from time to time, appoint or engage a Dissemination Agent to assist it in carrying out its obligations under this Disclosure Certificate, and maydischarge any such Dissemination Agent, with or without appointing a successor Dissemination Agent. Section 8. Amendment; Waiver. Notwithstanding any other provision of this Disclosure Certificate, the City may amend this Disclosure Certificate, and any provision of this Disclosure Certificate may be waived, provided that the following conditions are satisfied: (a) if the amendment or waiver relates to. the provisions of Section 3(a), 4, or 5(a), it may only be be made in connection with a change in circumstances that arises from a change in legal requirements, change in law, or change in the identity, nature, or status of an obligated person with respect to the Bonds, or type of business conducted; (b) the undertakings herein, as proposed to be amended or waived, would, in the opinion of nationally recogriizedbond counsel, have complied with the requirements of the Rule at the time of the primary offering of the Bonds, after taking into account any amendments or interpretations of the Rule, as well as any change in circumstances; and (c) the proposed amendment or waiver either (i) is approved by Holders of the Bonds in the manner provided in the Resolution for amendments to the Resolution with the consent of Holders, or (ii) does not, in the opinion of nationally recognized bond counsel, materially impair the interests of the Holders or Beneficial Owners ofthe Bonds. . If the annual financial information or operating data to be provided in the Annual Report is amended pursuant to the provisions hereof, the first annual financial information filed pursuant hereto containing the amended operating data or financial information shall explain, in narrative form, the reasons for the amendment and the impact of the change in the type ofoperating data or financial information being provided. In the event of any amendment or waiver of a provision of this Disclosure Agreement, the City shall describe such amendment in the next Annual Report, and shall include, as applicable, a narrative explanation of the reason for the amendment or waiver and its impact on the type (or, in the case of a change of accounting principles, on the presentation) of financial information or operating data being presented by the City. If an amendment is made to the undertaking specifying the accounting principles to be followed in preparing financial statements, the annual financial information for the year in which the change is made shall present a comparison between the 4 2050129lvl financial statements or information prepared on the basis of the new accounting principles and those prepared on the basis of the former accounting principles. The comparison shall include a qualitative discussion of the differences in the accounting principles and the impact of the change in the accounting principles on the presentation of the financial information, in order to provide information to investors to enable them to evaluate the ability of the City to meet its obligations. To the extent reasonably feasible, the comparison shall be quantitative. A notice of the change in the accounting principles shall be sent to the Repositories in the same manner as for a Listed Event under Section 5(c). Section 9. Additional Information. Nothing in this Disclosure Certificate shall be deemed to prevent the City 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 Annual Report or notice of occurrence of a Listed Event, in addition to that which is required by this Disclosure Certificate. If the City 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 City 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 City to comply with any provision of this Disclosure Certificate any Holder or Beneficial Owner of the Bonds may take such actions as may be necessary and appropriate, including seeking mandate or specific performance by court order, to cause the City to comply with its obligations under this Disclosure Certificate. A default under this Disclosure Certificate shall not be deemed an Event of Default under the Resolution, and the sole remedy under this Disclosure Certificate in the event of any failure of the City 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 City agrees to indemnify and save the Dissemination Agent, its officers, directors, employees, and agents, harmless against any losses, expenses, 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 due to the Dissemination Agent's negligence or willful misconduct. The obligations of the City under this Section shall survive resignation or removal of the Dissemination Agent and payment ofthe Bonds. Section 12. Beneficiaries. This Disclosure Certificate shall inure solely to the benefit of the City, the Dissemination Agent, the Participating Underwriter, and Holders and Beneficial Owners from time to time of the Bonds, and shall create no rights in any other person or entity. Date: June 2, 2004 CITY OF BAKERSFIELD 5 2050l29lvl EXHIBIT A NOTICE OF FAll.URE TO FILE ANNUAL REPORT Name ofIssuer: Name ofBond Issue: Date of Issuance: City ofBakersfield, California Assessment District No. 03-1 (Brighton Place/Silver Creek II) Limited Obligation Improvement Bonds June 2, 2004 NOTICE IS HEREBY GIVEN that the City of Bakersfield, California (the "City), has not provided an Annual Report with respect to the above-named Bonds as required Section 4(a) of the Continuing Disclosure Certificate executed by the City on June 2, 2004. The City anticipates that the Annual Report will be filed by Dated: _ CITY OF BAKERSFIELD Finance Director 2050129lvl A-I ANNUAL REPORT NO.7 PROVIDING CONTINUING DISCLOSURE FOR THE FISCAL YEAR ENDING JUNE 30, 2010 ON $2,895,000 PRINCIPAL AMOUNT OF CITY OF BAKERSFIELD, CALIFORNIA ASSESSMENT DISTRICT NO. 03-1 (BRIGHTON PLACE/SILVER CREEK II) 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.7) THE ISSUER'S AUDITED FINANCIAL REPORT-FY09110 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.7 PROVIDING CONTINUING DISCLOSURE FOR THE FISCAL YEAR ENDING JUNE 30, 2010 ON $2,895,000 PRINCIPAL AMOUNT OF CITY OF BAKERSFIELD, CALIFORNIA ASSESSMENT DISTRICT NO. 03-1 (BRIGHTON PLACE/SILVER CREEK II) LIMITED OBLIGATION IMPROVEMENT BONDS APPENDIXC COPIES OF PAGES 4 THROUGH 8 OF ANNUAL REPORT NO.4 AND A COPY OF APPENDIX C OF ANNUAL REPORT NO.4 ("LETTER DATED FEBRUARY 14,2008, FROM PROPERTY DEVELOPMENT REPRESENTATIVE TRANSMITTING THE CURRENT ACQUISITION SCHEDULE AND DESCRIBING THE CURRENT STATUS OF COMPLETION OF THE PUBLIC IMPROVEMENTS FOR THE BRIGHTON PLACE AREA AND THE SILVER CREEK II AREA FINANCED BY ASSESSMENT DISTRICT NO. 03-1") (On file with the National Repositories as Appendix C of Annual Report No.5) ANNUAL REPORT NO.7 PROVIDING CONTINUING DISCLOSURE FOR THE FISCAL YEAR ENDING JUNE 30, 2010 ON $2,895,000 PRINCIPAL AMOUNT OF CITY OF BAKERSFIELD, CALIFORNIA ASSESSMENT DISTRICT NO. 03-1 (BRIGHTON PLACE/SILVER CREEK II) LIMITED OBLIGATION IMPROVEMENT BONDS APPENDIXD LISTING OF PARCELS WITH DELINQUENT ASSESSMENT INSTALLMENT(S) AS OF JUNE 30, 2010 Note: Appendix D table prepared by the Assessment Engineer using data provided by Issuer's Finance Department APPENDIX D CONTINUING DISCLOSURE ANNUAL REPORT NO.7 CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO. 03-1 LISTING OF PARCELS WITH DELINQUENT ASSESSMENT INSTALLMENT(S) AS OF JUNE 30, 2010 DATE OF AD 03-1 ASSESSOR'S DATE FORECLOSURE ASSESSMENT TAX NUMBER (ATN) DELINQUENT FIRST COMPLAINT, NUMBER OR DESCRIPTION AMOUNT (1) DELINQUENT IF ANY 129 500-464-11-00-9 $777.66 12/10/2009 265 500-541-14-00-0 $0.00 N/A 6/13/2008 331 500-571-04-00-0 $228.29 4/10/2010 336 500-571-09-00-5 $456.58 12/10/2009 446 498-701-03-00-8 $246.30 12/10/2009 492 498-712-05-00-4 $243.04 12/10/2008 499 498-721-03-00-4 $489.34 12/10/2008 510 498-723-02-00-5 $367.82 4/10/2009 512 498-723-04-00-1 $489.34 12/10/2008 519 498-724-07-00-7 $524.76 12/10/2006 6/13/2008 Totals: 9 ATNs (still delinquent) $3,823.13 (1) Source: 29610F-D Delinquent Amount includes assessment principal and interest, exclusive of any late charges or penalties for reinstatement. For parcels showing $0.00 delinquent amount, the property owners paid the previously delinquent amount subsequent to filing of the foreclosure complaint. However, other costs to be paid by the property owners related to the foreclosure actions (including attorney's fees) have not been paid. Therefore, those foreclosure complaints have not been dismissed. Appendix D table prepared by the Assessment Engineer using data provided by Issuer's Finance Department 12/22/2010 ANNUAL REPORT NO.7 PROVIDING CONTINUING DISCLOSURE FOR THE FISCAL YEAR ENDING JUNE 30, 2010 ON $2,895,000 PRINCIPAL AMOUNT OF CITY OF BAKERSFIELD, CALIFORNIA ASSESSMENT DISTRICT NO. 03-1 (BRIGHTON PLACE/SILVER CREEK II) LIMITED OBLIGATION IMPROVEMENT BONDS APPENDIXE CURRENT ASSESSMENT AND ASSESSOR'S VALUE DATA APPENDIXE ANNUAL REPORT NO.7 CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO. 03-1 CURRENT ASSESSMENT AND ASSESSOR'S VALUE DATA ORIGINAL VALUE/LIEN AS OF 06/2004 PARCEL CURRENT ASSESSMENT AND (NOT UPDATED TO CURRENT YEAR VALUES) ASSESSOR'S VALUE DATA FOR FISCAL YEAR ENDING 06/30/10 DIST. ASSESSOR'S AD 03-1 APPRAISED ASSESSOR'S ASSESSOR'S TOTAL VALUES REMAINING ASSESSOR'S AD 03-1 ASSESSOR'S TAX AREA LAND APPRAISED ASSESSMENT VALUE 1 LAND IMPROVEMEN (ASSESSOR'S LAND ASSESSMENT VALUE 1 ASSESSMENT NUMBER (ATN) CODE VALUE (1) VALUE (2) AMOUNT (3) LIEN (4) VALUE (5) VALUE (5) + IMPROVEMENn(5 BALANCE (6) LIEN (1) 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 1 500-391-01-00-9 CASTLE & COOKE CALIFORNIA INC BP N/A 72,374 7,401.38 9.78 34,244 0 34,244 5,183.86 6.61 2 500-391-02-00-2 HOLGUIN RUEBEN A & LISA A BP N/A 72,374 7,400.97 9.78 100,000 370,000 470,000 5,183.57 90.67 3 500-391-03-00-5 EBLING NATALIE M BP N/A 72,374 7,400.97 9.78 129,000 255,000 384,000 5,183.57 74.08 4 500-391-04-00-8 ROBERTSON DAVIS ESMARALDA MARIE L1VTR BP N/A 72,374 7,400.97 9.78 100,000 350.000 450,000 5,183.57 86.81 5 500-391-05-00-1 KNIGHT STACY 0 & R SHANE BP N/A 72,374 7,400.97 9.78 100,000 298,000 398,000 5,183.57 76.78 6 500-401-01-00-1 LUEVANOS JESUS M & ADALIA BP N/A 72,374 7,400.97 9.78 129,000 350,000 479,000 5.183.57 92.41 7 500-401-02-00-4 MILLER SCOD & SANDRA BP NIA 72,374 7,400.97 9.78 100,000 352,000 452,000 5,183.57 87.20 8 500-402-01-00-8 CODLE MICHAEL A & LORI L BP N/A 72,374 7,400.97 9.78 129,000 299,000 428,000 5,183.57 82.57 9 500-402-02-00-1 RUTHERFORD LORI BP N/A 72,374 7,400.97 9.78 101,758 295,098 396,856 5,183.57 76.56 10 500-402-03-00-4 GONZALES BRYAN & CAROLE P BP N/A 72,374 7,400.97 9.78 129,000 328,000 457,000 5,183.57 88.16 11 500-402-04-00-7 GALL TODD A & HEATH L BP N/A 72,374 7,400.97 9.78 100,000 372,000 472,000 5,183.57 91.06 12 500-402-05-00-0 MOORE MICHAEL & THINH BP N/A 72,374 7,400.97 9.78 129,000 320,000 449,000 5,183.57 86.62 13 500-402-06-00-3 LINGLE JAMES E & MONICA E BP N/A 72,374 7,400.97 9.78 100,000 323.000 423,000 5,183.57 81.60 14 500-402-07-00-6 BYRD JAN BP N/A 72,374 7,400.97 9.78 100,000 343,000 443,000 5,183.57 85.46 15 500-402-08-00-9 WEINSTEIN ANDREW & TINA BP N/A 72.374 7,400.97 9.78 130,000 273,000 403,000 5,183.57 77.75 16 500-402-09-00-2 PROFFID CRAIG A & MARILYN R BP N/A 72,374 7,400.97 9.78 100,000 365,000 465,000 5,183.57 89.71 17 500-402-10-00-4 ESPINOSA LAWRENCE 0 & BARBARA BP NIA 72,374 7,400.97 9.78 130,000 270,000 400,000 5,183.57 77.17 18 500-402-11-00-7 SAIKI JAMES K & CHERYL L BP N/A 72,374 7,400.97 9.78 130,000 377,000 507,000 5,183.57 97.81 19 500-402-12-00-0 ADAMS FAMILY TRUST BP N/A 72,374 7,400.97 9.78 125,475 302,446 427,921 5,183.57 82.55 20 500-402-13-00-3 DHILLON SUKHMANDER S BP · N/A 72,374 7,400.97 9.78 130,000 338,000 468,000 5,183.57 90.29 21 500-402-14-00-6 MADERN STEVEN BP N/A 72,374 7,400.97 9.78 100,000 489,000 589,000 5,183.57 113.63 22 500-402-15-00-9 BANK OF NEW YORK MELLON BP N/A 72,374 7,400.97 9.78 100,000 400,000 500,000 5,183.57 96.46 23 500-392-01-00-6 BORDENAVE ROBERT J & ERIN M BP N/A 72,374 7,400.97 9.78 100,000 335.000 435,000 5,183.57 83.92 24 500-392-02-00-9 IGER RICHARD B & CYNTHIA L BP N/A 72,374 7,400.97 9.78 130,000 426,000 556,000 5,183.57 107.26 25 500-392-03-00-2 VILLA MIKE & MONICA BP N/A 72,374 7,400.97 9.78 130,000 257,000 387,000 5,183.57 74.66 26 500-392-04-00-5 CHANG DANIEL H & LISA S BP N/A 72,374 7,400.97 9.78 100.000 310,000 410,000 5,183.57 79.10 27 500-392-05-00-8 FERNANDEZ JIM KYLE & KELLY P BP N/A 72,374 7,400.97 9.78 131,000 280,000 411,000 5,183.57 79.29 28 500-392-06-00-1 MEDINA LUIS F & GLORIA R BP N/A 72,374 7,400.97 9.78 131,000 431,000 562,000 5,183.57 108.42 29 500-392-07-00-4 HEYUNAN BP N/A 72,374 7,400.97 9.78 120,000 377,000 497,000 5,183.57 95.88 30 500-392-08-00-7 HOOPER CHRISTOPHER BP N/A 72,374 7,400.97 9.78 145.000 388,000 533,000 5,183.57 102.82 31 500-392-09-00-0 CASTLE & COOKE CALIFORNIA INC BP N/A 72,362 7,400.97 9.78 34,244 0 34,244 5,183.57 6.61 32 500-380-01-00-9 BRIGHTON ESTS HOMEOWNERS ASSN BP N/A 0 0.00 N/A-l 0 0 0 0.00 N/A-l 33 500-380-02-00-2 BRIGHTON ESTS HOMEOWNERS ASSN BP N/A 0 0.00 N/A-l 0 0 0 0.00 N/A-l 34 500-411-01-00-4 BISHOP TOMMY LYNN JR BP N/A 72.374 7,400.97 9.78 131,000 337,000 468,000 5,183.57 90.29 35 500-411-02-00-7 GAINES JANICE L BP -N/A 72,374 7,400.97 9.78 105,000 402,000 507,000 5,183.57 97.81 36 500-411-03-00-0 THOMAS BRIAN BP N/A 72,374 7,400.97 9.78 115,000 399,000 514,000 5,183.57 99.16 37 500-411-04-00-3 ALVIDREZ AL V & MAUREEN 0 BP N/A 72,374 7,400.97 9.78 115,000 405.000 520,000 5,183.57 100.32 38 500-411-05-00-6 SINGH PARMINDER K & ANANT P BP N/A 72,374 7,400.97 9.78 132,000 401,000 533,000 5,183.57 102.82 39 500-411-06-00-9 MIDDLEBROOK ROBIN BP N/A 72,374 7,400.97 9.78 129.000 370,000 499,000 5,183.57 96.27 40 500-411-07-00-2 BARBARA SMITH HOMES BP N/A 72.374 7,400.97 9.78 100,000 0 100,000 5,183.57 19.29 41 500-411-08-00-5 ALiPIO MAXIMO ROSETE JR & MARNIE CRUZ BP N/A 72,374 7,400.97 9.78 129,000 263,000 392,000 5,183.57 75.62 42 500-411-09-00-8 ROEFS JOHN A & LISA KING BP N/A 72,374 7,400.97 9.78 130,000 264,000 394,000 5,183.57 76.01 43 500-411-10-00-0 HELLIWELL JASON & SINIVA L BP N/A 72,374 7,400.97 9.78 110,000 333,000 443,000 5,183.57 85.46 44 500-412-01-00-1 BADAN DOUGLAS & JOAN R BP N/A 72,374 7,400.97 9.78 100,000 364,000 464,000 5,183.57 89.51 45 500-412-02-00-4 HOLMES MICHAEL & SHARIE BP · N/A 72,374 7,400.97 9.78 130,000 312,000 442,000 5,183.57 85.27 46 500-412-03-00-7 GONZALES MICHAEL & SUSANNE BP N/A 72,374 7,400.97 9.78 129,000 323,000 452,000 5,183.57 87.20 47 500-412-04-00-0 TURNER ERIC A & DEBORAH D BP N/A 72,374 7,400.97 9.78 129,000 268,000 397,000 5,183.57 76.59 48 500-412-05-00-3 BARBARA SMITH HOMES BP N/A 72,374 7,400.97 9.78 100,000 0 100,000 5,183.57 19.29 49 500-412-06-00-6 BARKS REV L1VTR BP N/A 72,374 7,400.97 9.78 128,000 364,000 492,000 5,183.57 94.92 50 500-412-07-00-9 CLARK PATRICIA A TRUST BP · N/A 72,374 7,400.97 9.78 100.000 380,000 480,000 5,183.57 92.60 51 500-412-08-00-2 GONZALEZ HILARIO M & MIRANDA AURELIA BP N/A 72,374 7,400.97 9.78 100,000 363,000 463,000 5,183.57 89.32 52 500-412-09-00-5 HERNANDEZ ABEL & CECELIA BP N/A 72,374 7,400.97 9.78 100,000 348,000 448,000 5,183.57 86.43 53 500-412-10-00-7 ELLISON BURTON R & CHANTAL T M BP N/A 72,374 7,400.97 9.78 132,000 258,000 390,000 5,183.57 75.24 54 500-412-11-00-0 WHITLER KENDALL C & SHARON M BP N/A 72,374 7,400.97 9.78 131,000 263,000 394,000 5,183.57 76.01 55 500-412-12-00-3 MOJIBI CYRUS A & AMANDA C BP N/A 72,374 7,400.97 9.78 131,000 377,000 508000 5,183.57 98.00 56 500-412-13-00-6 GATLING JOHN A & BROOK BP NIA 72,374 7,400.97 9.78 131,000 348,000 479,000 5,183.57 92.41 57 500-412-14-00-9 MIER ALBERT & MOLLY BP N/A 72,374 7,400.97 9.78 131,000 309,000 440,000 5,183.57 84.88 58 500-412-15-00-2 WELLS GERALD SCOD BP N/A 72,374 7,400.97 9.78 131,000 417,967 548,967 5,183.57 105.91 59 500-412-16-00-5 FARMER CHARLES C & JULIE 0 BP N/A 72,364 7,400.97 9.78 100,000 295,000 395,000 5,183.57 76.20 60 500-411-12-00-6 BRIGHTON ESTS HOMEOWNERS ASSN BP -N/A 0 0.00 N/A-l 0 0 0 0.00 N/A-l 29610F·E 12/13/2010 APPENDIX E ANNUAL REPORT NO.7 CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO. 03-1 CURRENT ASSESSMENT AND ASSESSOR'S VALUE DATA ORIGINAL VALUE/LIEN AS OF 06/2004 PARCEL CURRENT ASSESSMENT AND (NOT UPDATED TO CURRENT YEAR VALUES) ASSESSOR'S VALUE DATA FOR FISCAL YEAR ENDING 06/30/10 DIST. ASSESSOR'S AD 03-1 APPRAISED ASSESSOR'S ASSESSOR'S TOTAL VALUES REMAINING ASSESSOR'S AD 03-1 ASSESSOR'S TAX AREA LAND APPRAISED ASSESSMENT VALUE 1 LAND IMPROVEMEN (ASSESSOR'S LAND ASSESSMENT VALUE 1 ASSESSMENT NUMBER (ATN) CODE VALUE (1) VALUE (2) AMOUNT (3) LIEN (4) VALUE (5) VALUE (5) + IMPROVEMENn(S 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 61 500-411-11-00-3 CITY OF BAKERSFIELD BP N/A 0 0.00 N/A-1 0 0 0 0.00 N/A-1 62 500-431-01-00-0 CANETE KATHRYN A BP N/A 72,374 7,400.97 9.78 99,763 284,324 384,087 5,183.57 74.10 63 500-431-02-00-3 HAYNES DARNELL W &DAVIE HAYNES MELANIE BP N/A 72,374 7,400.97 9.78 132,000 265,000 397,000 5,183.57 76.59 64 500-431-03-00-6 PELLENS BRIAN M &ANNETIE L BP N/A 72,374 7,400.97 9.78 140,000 379,000 519,000 5,183.57 100.12 65 500-431-04-00-9 JOUDAWISAM BP -N/A 72,374 7,400.97 9.78 140,000 399,000 539,000 5,183.57 103.98 66 500-431-05-00-2 TRUSSELL JOHN &DEBRA BP N/A 72,374 7,400.97 9.78 110,000 304,000 414,000 5,183.57 79.87 67 500-431-06-00-5 MARTIN ERIC BP N/A 72,374 7,400.97 9.78 100.000 290,000 390,000 5,183.57 75.24 68 500-431-07-00-8 SWE KYAW &MON MYAT BP N/A 72,374 7,400.97 9.78 141,000 272,000 413,000 5,183.57 79.67 69 500-440-02-00-9 YORK RODNEY 0 &TRACI L BP N/A 72,374 7,400.97 9.78 138,000 272,000 410,000 5,183.57 79.10 70 500-440-03-00-2 ESTEBAN EDNA QUINONES &BENEDICTO G BP -N/A 72,374 7,400.97 9.78 135,000 342,000 477,000 5,183.57 92.02 71 500-440-04-00-5 OXFORD FAMILY TRUST BP N/A 72,374 7,400.97 9.78 105,000 290,000 395,000 5,183.57 76.20 72 500-440-05-00-8 WADE MATIHEW P BP N/A 72,374 7,400.97 9.78 130,000 254,000 384,000 5,183.57 74.08 73 500-440-06-00-1 GREENWALD PETER A &JULIE B BP N/A 72,374 7,400.97 9.78 132,000 287,000 419,000 5,183.57 80.83 74 500-440-07-00-4 GELIOS DAVID P &DONDREIA L BP N/A 72,374 7,400.97 9.78 115,000 366,000 481,000 5,183.57 92.79 75 500-440-08-00-7 PAWSEYTREVOR R BP -N/A 72,374 7,400.97 9.78 139,000 312,000 451,000 5,183.57 87.01 76 500-440-09-00-0 BLAKE FAMILY TRUST BP N/A 72,374 7,400.97 9.78 136,000 365,000 501,000 5,183.57 96.65 77 500-440-10-00-2 DOEPEL PAUL L &MONA J BP N/A 72,374 7,400.97 9.78 100,000 284,000 384,000 5,183.57 74.08 78 500-440-11-00-5 PROVENSAL FRANK W &HELEN C BP N/A 72,374 7,400.97 9.78 100.000 293,000 393,000 5,183.57 75.82 79 500-440-12-00-8 GARCIA GABRIEL G &BETH M BP N/A 72,374 7,400.97 9.78 129,000 259,000 388,000 5,183.57 74.85 80 500-440-13-00-1 STONER CHAD &STACEY BP -N/A 72,374 7,400.97 9.78 129,000 266,000 395,000 5,183.57 76.20 81 500-440-14-00-4 ROGERS LARRY W &ANGELIKA BP N/A 72,374 7,400.97 9.78 94,993 80,782 175,775 5,183.57 33.91 82 500-432-01-00-7 CHUNG HYOYEON BP N/A 72,374 7,400.97 9.78 129,000 293,000 422,000 5,183.57 81.41 83 500-432-02-00-0 YATES JOSHUA K BP N/A 72,374 7,400.97 9.78 129,000 253,000 382,000 5,183.57 73.69 84 500-432-03-00-3 MASUD GEORGE BP N/A 72,374 7,400.97 9.78 100,000 301,000 401,000 5,183.57 77.36 85 500-432-04-00-6 ABEL RICHARD W BP N/A 72,374 7,400.97 9.78 129,000 356,000 485,000 5,183.57 93.56 86 500-432-05-00-9 PHAMANNTHU BP N/A 72,374 7,400.97 9.78 100,000 311,000 411,000 5,183.57 79.29 87 500-432-06-00-2 VALENZUELA SALAZAR MARTIN BP N/A 72,374 7,400.97 9.78 100,000 350,000 450,000 5,183.57 86.81 88 500-432-07-00-5 LOUSCHE FAMILY TRUST BP N/A 72,374 7,400.97 9.78 100,000 338,000 438,000 5,183.57 84.50 89 500-432-06-00-8 RYAN KIERAN M BP N/A 72,374 7,400.97 9.78 100,000 261,000 361,000 5,183.57 69.64 90 500-432-09-00-1 PARIS JEAN P &SHERYL L BP N/A 72,374 7,400.97 9.78 129,000 255,000 384,000 5,183.57 74.08 91 500-432-10-00-3 NARGIE G N SEP PROP TR BP N/A 72,374 7,400.97 9.78 100,000 354,000 454,000 5,183.57 87.58 92 500-433-01-00-4 BOPP STEVEN 0 &JACQUE R BP N/A 72,374 7,400.97 9.78 100,000 362,000 462,000 5,183.57 89.13 93 500-433-02-00-7 REYNOLDS CARL H &JILL M BP N/A 72,374 7,400.97 9.78 100,000 324,000 424,000 5,183.57 81.80 94 500-433-03-00-0 KROSS KENNETH J &SANDRA G BP N/A 72,374 7,400.97 9.78 129,000 255,000 384,000 5,183.57 74.08 95 500-433-04-00-3 MONJE RICHARD &LINDA BP N/A 72,361 7,400.97 9.78 129,000 274,000 403,000 5,183.57 77.75 96 500-432-11-00-6 BRIGHTON EST HOMEOWNERS ASSN BP N/A 0 0.00 N/A-1 0 0 0 0.00 N/A-1 97 500-461-01-00-9 GOLLEDGE RICHARD E &DIANE L BP N/A 92,032 10,483.32 8.78 136,000 413,000 549,000 7,340.90 74.79 98 500-461-02-00-2 RENZ KENNETH &DEMRA BP N/A 92,032 10,483.32 8.78 134,000 337,000 471,000 7,340.90 64.16 99 500-461-03-00-5 MENDES BENJAMIN R &KIMBERLY A BP N/A 92,032 10,483.32 8.78 110,000 358,000 468,000 7,370.26 63.50 100 500-462-01-00-6 PRATI DAVID M &SUE M BP -N/A 92,032 10,483.32 8.78 124,703 323,231 447,934 7,370.26 60.78 101 500-471-01-00-2 PETIIT MARSHALL W &REBECCA L BP N/A 92,032 10,483.32 8.78 110,000 459,000 569,000 7,370.26 77.20 102 500-463-01-00-3 HARLAN FAMILY TR BP N/A 92,032 10,483.32 8.78 115,000 394,000 509,000 7,370.26 69.06 103 500-463-02-00-6 COUTURE EUGENE T &CRAY MARY BP N/A 92,032 10,483.32 8.78 110,000 350,000 460,000 7,370.26 62.41 104 500-463-03-00-9 LAUNSPACH DANIEL V L1VTR BP N/A 92,032 10,483.32 8.78 175,000 402,000 577,000 7,370.26 78.29 105 500-463-04-00-2 TORRES OLIVIA BP N/A 92,032 10,483.32 8.78 134,000 385,000 519,000 7,370.26 70.42 106 500-463-05-00-5 GRAY BERNARD L BP N/A 92,032 10,483.32 8.78 119,715 396,059 515,774 7,370.26 69.98 107 500-463-06-00-8 DOBBS DAVID M &TAMERA A BP N/A 92,032 10,483.32 8.78 135,000 421,000 556,000 7,370.26 75.44 108 500-471-02-00-5 DUNCAN FAMILYTR BP N/A 92,032 10,483.32 8.78 105,000 365,000 470,000 7,370.26 63.77 109 500-471-03-00-8 MAXWELL ROY L BP N/A 92,032 10,483.32 8.78 110,000 315,000 425,000 7,370.26 57.66 110 500-471-04-00-1 ENDES FAMILY TRUST BP N/A 92,032 10,483.32 8.78 110,000 318000 428,000 7,370.26 58.07 111 500-471-05-00-4 COTIA RUSSELL L BP N/A 92,032 10,483.32 8.78 110,000 424,000 534,000 7,370.26 72.45 112 500-472-01-00-9 IZADPANAH NASROLLAH &NAHID BP N/A 92,032 10,483.32 8.78 110,000 318,000 428,000 7,370.26 58.07 113 500-473-01-00-6 ORTIZ CHRIS &DENISE BP N/A 92,032 10,483.32 8.78 110,000 320,000 430,000 7,370.26 58.34 114 500-473-02-00-9 ANTONIONI BRADLEY S &BROOKE L BP N/A 92,032 10,483.32 8.78 150,000 505,000 655,000 7,370.26 88.87 115 500-473-03-00-2 WEGIS GREG &GINA BP N/A 92,032 10,483.32 8.78 110,000 419,000 529,000 7,370.26 71.77 116 500-473-10-00-2 SAGASTA ROBERT R &EllA BP N/A 92,032 10,483.32 8.78 120,000 332,000 452,000 7,370.26 61.33 117 500-473-05-00-8 LEYVA JUAN M &ANA L BP N/A 92,032 10,483.32 8.78 136,000 314,000 450,000 7,370.26 61.06 118 500-473-06-00-1 YUROSEK JEFFREY &DEBRA BP N/A 92,032 10,483.32 8.78 110,000 360,000 470,000 7,370.26 63.77 119 500-473-07-00-4 NACHTIGALL TERRY A &JENNIFER A BP N/A 92,032 10,483.32 8.78 140,000 429,000 569,000 7,370.26 77.20 120 500-473-08-00-7 GOERTZEN VERNON &JULIET L1VTR BP N/A 92,032 10,483.32 8.78 110,000 385.000 385.000 495,000 7,370.26 67.16 29610F-E 2 12/13/2010 APPENDIXE ANNUAL REPORT NO.7 CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO. 03-1 CURRENT ASSESSMENT AND ASSESSOR'S VALUE DATA ORIGINAL VALUE/LIEN AS OF 06/2004 PARCEL CURRENT ASSESSMENT AND (NOT UPDATED TO CURRENT YEAR VALUES) ASSESSOR'S VALUE DATA FOR FISCAL YEAR ENDING 06/30/10 DIST. ASSESSOR'S AD 03-1 APPRAISED ASSESSOR'S ASSESSOR'S TOTAL VALUES REMAINING ASSESSOR'S AD 03-1 ASSESSOR'S TAX AREA LAND APPRAISED ASSESSMENT VALUE 1 LAND IMPROVEMEN (ASSESSOR'S LAND ASSESSMENT VALUE 1 ASSESSMENT NUMBER (ATN) CODE VALUE (1) VALUE (2) AMOUNT 131 LIEN (4) VALUE (5) VALUE (5) + IMPROVEMENn(5 BALANCE (6) LIEN 171 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 9 121 500-464-03-00-6 JOSEPH FAMILY TRUST BP N/A 92,032 10,483.32 8.78 110.000 362,000 472,000 7,370.26 64.04 122 500-464-04-00-9 ROOTLIEB THOMAS H REV TR BP N/A 92,032 10,483.32 8.78 139,000 393,000 532,000 7,370.26 72.18 123 500-464-05-00-2 POTH WOLFGANG E & SANRA L BP N/A 92,032 10,483.32 8.78 120,000 701,000 821,000 7,370.26 111.39 124 500-464-06-00-5 TUN KYAW K & NYEIN AYE S BP N/A 92,032 10,483.32 8.78 147,000 421,000 568,000 7,370.26 77.07 125 500-464-07-00-8 FLORES BENJAMIN & JULIE BP N/A 92,032 10,483.32 8.78 110,000 422,000 532,000 7,370.26 72.18 126 500-464-08-00-1 PALMER RONALD & JOANNE BP N/A 92,032 10,483.32 8.78 110,000 339,000 449,000 7,370.26 60.92 127 500-464-09-00-4 SMITH REVTR BP N/A 92,032 10,483.32 8.78 110,000 704,000 814,000 7,370.26 110.44 128 500-464-10-00-6 SEANEY ROBERT & SARA A BP N/A 92,032 10,483.32 8.78 134,000 379,000 513,000 7,370.26 69.60 129 500-464-11-00-9 TROVATO JOSEPH & KIMBERLY BP N/A 92,024 10,483.32 8.78 110,000 339,000 449,000 7,691.22 58.38 130 500-450-02-00-2 BRIGHTON ESTS HOMEOWNERS ASSN BP N/A 0 0.00 N/A-1 0 0 0 0.00 N/A-1 131 500-464-02-00-3 CASTLE & COOKE CALIFORNIA INC BP N/A 0 0.00 N/A-1 0 0 0 0.00 N/A-1 132 500-461-04-00-8 CITY OF BAKERSFIELD BP N/A 0 0.00 N/A-1 0 0 0 0.00 N/A-1 133 500-464-01-00-0 CITY OF BAKERSFIELD BP N/A 0 0.00 N/A-1 0 0 0 0 0.00 N/A-1 134 500-491-01-00-8 FROEHLICH RYAN & LATRICIA BP N/A 92,032 10,483.32 8.78 150,000 319,000 469,000 7,370.26 63.63 135 500-491-02-00-1 CAMACHO RAUL JR & ESTELA BP N/A 92,032 10,483.32 8.78 120,000 468000 588,000 7,370.26 79.78 136 500-491-03-00-4 PORWOLL FAMILY TRUST BP N/A 92,032 10,483.32 8.78 144,000 387,000 531,000 7,370.26 72.05 137 500-491-04-00-7 BUTLER JEFFREY D & LESLIE WALLIS BP N/A 92,032 10,483.32 8.78 110,000 386,000 496,000 7,370.23 67.30 138 500-491-05-00-0 GEPHART ROBERT R & ROSANNE M BP N/A 92,032 10,483.32 8.78 135,000 380,000 515,000 7,370.26 69.88 139 500-492-01-00-5 GRAFF JONATHAN W & KIMBERLY D BP N/A 92,032 10,483.32 8.78 120,000 692,000 812,000 7,37026 110.17 140 500-492-02-00-8 WILLIAMS DANNY L & MARY FAMILY TRUST BP N/A 92,032 10,483.32 8.78 57,884 157,449 215,333 7,370.26 29.22 141 500-492-03-00-1 CHEEMA HANSRAJ & NARINDER BP N/A 92,032 10,483.32 8.78 110,000 401,000 511,000 7,370.26 69.33 142 500-492-04-00-4 AZIMIAN KlAN J & CARRIE A BP N/A 92,032 10,483.32 8.78 190,000 486,727 676,727 7,370.26 91.82 143 500-492-05-00-7 PERRY JONATHAN R & CYNTHIA L BP N/A 92,032 10,483.32 8.78 110,000 558,000 668,000 7,370.26 90.63 144 500-493-01-00-2 VOUNG L1NHT & LUONG HOA BP N/A 92,032 10,483.32 8.78 133,000 369,000 502,000 7,370.26 68.11 145 500-493-02-00-5 VALDEZ RICHARD G & STACY BP -N/A 92,032 10,483.32 8.78 133,000 413,000 546,000 7,370.26 74.08 146 500-493-03-00-8 MELTON C & P FAM TR BP N/A 92,032 10,483.32 8.78 110,000 616,000 726,000 7,370.26 98.50 147 500-501-01-00-0 SHEPHERD DAVID K & SANDRA L BP N/A 92,032 10,483.32 8.78 110,000 366,000 476,000 7,370.26 64.58 148 500-501-02-00-3 OCAMPO LUIS F & NICOLE M BP N/A 92,032 10,483.32 8.78 105.000 343,000 448,000 7,370.26 60.78 149 500-501-03-00-6 GPH SLH REV TRUST BP N/A 92,032 10,483.32 8.78 110,000 498,000 608,000 7,37026 82.49 150 500-501-04-00-9 WHITTINGTON JOE & CAROLYN BP N/A 92,032 10,483.32 8.78 133,000 375,000 508,000 7,369.48 68.93 151 500-501-05-00-2 NELSON KEVIN G & GAIL E BP N/A 92,032 10,483.32 8.78 105,000 341,000 341,000 446,000 7,370.26 60.51 152 500-501-06-00-5 COSTNER FAMILY TRUST BP N/A 92,032 10,483.32 8.78 115,000 340,000 455,000 7,370.26 61.73 153 500-501-07-00-8 FLORES RODRIGO R BP N/A 92,032 10,483.32 8.78 115,000 317,000 432,000 7,370.26 58.61 154 500-501-08-00-1 MC BRIDE ALBERT & PIETILA JACQUELINE K BP N/A 92,032 10,483.32 8.78 130,000 447,000 577,000 7,370.26 78.29 155 500-501-09-00-4 GREENWALD HEATHER M BP N/A 92,032 10,483.32 8.78 120,000 371,000 491,000 7,370.26 66.62 156 500-501-10-00-6 CHIAPPARELLI LOUIE & DARLENE BP N/A 92,032 10,483.32 8.78 115,000 501,000 616,000 7,370.26 83.58 157 500-501-11-00-9 JONES LARRY T JR & AIMEE R BP N/A 92,032 10,483.32 8.78 133,000 368,000 501,000 7,370.26 67.98 158 500-501-12-00-2 MC ENROE JAMES & TONI ANN BP N/A 92,032 10,483.32 8.78 110,000 508,000 618,000 7,370.26 83.85 159 500-502-01-00-7 HICKS BRIAN BP N/A 92,032 10,483.32 8.78 110,000 369,000 479,000 7,370.26 64.99 160 500-502-02-00-0 KENNEDY BRANDON C & CHRISTINA L BP -N/A 92,032 10,483.32 8.78 110,000 370,000 480,000 7,370.26 65.13 161 500-502-03-00-3 HOWARD FAMILY TRUST BP N/A 92,032 10,483.32 8.78 110,000 369,000 479,000 7,37026 64.99 162 500-502-04-00-6 AUNG KYI & LIM CAROLINE BP N/A 92,032 10,483.32 8.78 115,000 408,000 523,000 7,370.26 70.96 163 500-502-05-00-9 SIDHU TEGBAHADUR S BP N/A 92,024 10,483.32 8.78 120,000 380,000 500,000 7,370.61 67.84 164 500-480-01-00-8 BRIGHTON ESTS HOMEOWNERS ASSN BP N/A 0 0.00 N/A-1 0 0 0 0.00 N/A-1 165 500-480-02-00-1 BRIGHTON ESTS HOMEOWNERS ASSN BP N/A 0 0.00 N/A-1 0 0 0 0.00 N/A-1 166 500-491-08-00-3 BRIGHTON ESTS HOMEOWNERS ASSN BP N/A 0 0.00 N/A-1 0 0 0 0.00 N/A-1 167 500-511-01-00-3 CASTLE & COOKE CALIFORNIA INC BP N/A 42,513 5,803.94 7.32 31,486 0 31,486 4,075.40 7.73 168 500-511-02-00-6 CASTLE & COOKE CALIFORNIA INC BP N/A 42,513 5,803.94 7.32 31,486 0 31,486 4,075.40 7.73 169 500-511-03-00-9 CASTLE & COOKE CALIFORNIA INC BP N/A 42,513 5,803.94 7.32 31,486 0 31,486 4,075.40 7.73 170 500-511-04-00-2 CASTLE & COOKE CALIFORNIA INC BP N/A 42,513 5,803.94 7.32 31,486 0 31,486 4,075.40 7.73 171 500-511-05-00-5 CASTLE & COOKE CALIFORNIA INC BP N/A 42,513 5,803.94 7.32 31,486 0 31,486 4,075.40 7.73 172 500-511-08-00-8 CASTLE & COOKE CALIFORNIA INC BP N/A 42,513 5,803.94 7.32 31,486 0 31,486 4,075.40 7.73 173 500-511-07-00-1 CASTLE & COOKE CALIFORNIA INC BP N/A 42,513 5,803.94 7.32 31,486 0 31,486 4,075,40 7.73 174 500-511-08-00-4 CASTLE & COOKE CALIFORNIA INC BP N/A 42,513 5,803.94 7.32 31,486 0 31,486 4,075.40 7.73 175 500-511-09-00-7 CASTLE & COOKE CALIFORNIA INC BP N/A 42,513 5,803.94 7.32 31,486 0 31,486 4,075.40 7.73 176 500-511-10-00-9 CASTLE & COOKE CALIFORNIA INC BP N/A 42,513 5,803.94 7.32 31,486 0 31,486 4,075.40 7.73 177 500-511-11-00-2 CASTLE & COOKE CALIFORNIA INC BP N/A 42,513 5,803.94 7.32 31,486 0 31,486 4,075.40 7.73 178 500-511-12-00-5 NIELSEN ERIC JOHN & DAWNELISE BP N/A 42,513 5,803.94 7.32 132,000 115,600 247,600 4,075.40 60.75 179 500-511-13-00-8 CASTLE & COOKE CALIFORNIA INC BP N/A 42,513 5,803.94 7.32 31,486 0 31,486 4,075.40 7.73 180 500-511-14-00-1 CASTLE & COOKE CALIFORNIA INC BP N/A 42,513 5,803.94 7.32 31,486 0 31,486 4,075.40 7.73 29610F-E 3 12/13/2010 APPENDIXE ANNUAL REPORT NO.7 CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO. 03-1 CURRENT ASSESSMENT AND ASSESSOR'S VALUE DATA ORIGINAL VALUE/LIEN AS OF 06/2004 PARCEL CURRENT ASSESSMENT AND (NOT UPDATED TO CURRENT YEAR VALUES) ASSESSOR'S VALUE DATA FOR FISCAL YEAR ENDING 06/30/10 DIST. ASSESSOR'S AD 03-1 APPRAISED ASSESSOR'S ASSESSOR'S TOTAL VALUES REMAINING ASSESSOR'S AD 03-1 ASSESSOR'S TAX AREA LAND APPRAISED ASSESSMENT VALUE I LAND IMPROVEMEN (ASSESSOR'S LAND ASSESSMENT VALUE I ASSESSMENT NUMBER (ATN) CODE VALUE (1) VALUE (2) AMOUNT (3) LIEN (4) VALUE (5) VALUE (5) + IMPROVEMENnl5 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 9 181 500-512-02-00-3 CASTLE &COOKE CALIFORNIA INC BP N/A 42,513 5,803.94 7.32 31,486 0 31,486 4,075.40 7.73 182 500-512-03-00-6 CASTLE &COOKE CALIFORNIA INC BP N/A 42,513 5,803.94 7.32 31,486 0 31,486 4,075.40 7.73 183 500-512-04-00-9 CASTLE &COOKE CALIFORNIA INC BP N/A 42,513 5,803.94 7.32 31,486 0 31,486 4,075.40 7.73 184 500-512-05-00-2 CASTLE &COOKE CALIFORNIA INC BP N/A 42,513 5,803.94 7.32 31,486 0 31,486 4,075.40 7.73 185 500-512-06-00-5 CASTLE &COOKE CALIFORNIA INC BP N/A 42,513 5,803.94 7.32 31.486 0 31,486 4,075.40 7.73 186 500-512-07-00-8 CASTLE &COOKE CALIFORNIA INC BP N/A 42,513 5,803.94 7.32 31,486 0 31,486 4,075.40 7.73 187 500-512-08-00-1 CASTLE &COOKE CALIFORNIA INC BP N/A 42,513 5,803.94 7.32 31,486 0 31,486 4,075.40 7.73 188 500-512-09-00-4 CASTLE &COOKE CALIFORNIA INC BP N/A 42,513 5,803.94 7.32 31,486 0 31,486 4,075.40 7.73 189 500-512-10-00-6 CASTLE &COOKE CALIFORNIA INC BP N/A 42,513 5,803.94 7.32 31,486 0 31,486 4,075.40 7.73 190 500-512-11-00-9 CASTLE &COOKE CALIFORNIA INC BP -N/A 42,513 5,803.94 7.32 31,486 0 31,486 4,075.40 7.73 191 500-512-12-00-2 CASTLE &COOKE CALIFORNIA INC BP N/A 42,513 5,803.94 7.32 31,486 0 31,486 4,075.40 7.73 192 500-512-13-00-5 CASTLE &COOKE CALIFORNIA INC BP N/A 42,513 5,803.94 7.32 31,486 0 31,486 4,075.40 7.73 193 500-512-14-00-8 CASTLE &&COOKE CALIFORNIA INC BP N/A 42,513 5,803.94 7.32 31,486 0 31,486 4,075.40 7.73 194 500-512-15-00-1 CROSBY FLORENCE BP N/A 42,513 5,803.94 7.32 115,000 378,000 493,000 4,075.40 120.97 195 500-512-16-00-4 CASTLE &COOKE CALIFORNIA INC BP N/A 42,513 5,803.94 7.32 31,486 0 31,486 4,075.40 7.73 196 500-512-17-00-7 CASTLE &COOKE CALIFORNIA INC BP N/A 42,513 5,803.94 7.32 31,486 0 31,486 4,075.40 7.73 197 500-512-18-00-0 CASTLE &COOKE CALIFORNIA INC BP N/A 42,513 5,803.94 7.32 31,486 0 31,486 4,075.40 7.73 198 500-512-19-00-3 CASTLE &COOKE CALIFORNIA INC BP N/A 42,513 5,803.94 7.32 31,486 0 31,486 4,075.40 7.73 199 500-512-20-00-5 CASTLE &COOKE CALIFORNIA INC BP N/A 42,497 5,803.94 7.32 31,486 0 31,486 4,075.40 7.73 200 500-512-01-00-0 BRIGHTON ESTS HOMEOWNERS ASSN BP N/A 0 0.00 N/A-1 0 0 0 0.00 N/A-1 201 500-511-15-00-4 CITY OF BAKERSFIELD BP N/A 0 0.00 N/A-1 0 0 0 0.00 N/A-1 202 500-521-01-00-6 BARBARA SMITH HOMES BP N/A 42,513 5,803.94 7.32 100,000 0 100,000 4,075.40 24.54 203 500-521-02-00-9 BIANCO TERESA N BP BP N/A 42,513 5,803.94 7.32 100,000 258,000 358,000 4,075.40 87.84 204 500-521-03-00-2 SEAMAN RICHARD A &ELBA BP N/A 42,513 5,803.94 7.32 100,000 303,000 403,000 4,075.40 98.89 205 500-521-04-00-5 RHODES CHRIS &MEGHANN BP N/A 42,513 5,803.94 7.32 125,000 259,000 384,000 4,075.40 94.22 206 500-521-05-00-8 LAGASSE ANDY J BP N/A 42,513 5,803.94 7.32 100,000 261,000 361,000 4,075.40 88.58 207 500-521-06-00-1 BRANDT HOMES INC BP N/A 42,513 5,803.94 7.32 165,000 122,400 287,400 4,075.40 70.52 208 500-521-07-00-4 AQUINO LEANDRO ROA JR &ROXANNE LUCAS Fi BP N/A 42,513 5,803.94 7.32 125,000 235,000 360,000 4,075.40 88.33 209 500-521-08-00-7 ANDERSON FAMILY TRUST BP N/A 42,513 5,803.94 7.32 64,477 246,322 310,799 4,075.40 76.26 210 500-521-09-00-0 JOE ROBERSON HOMES BP N/A 42,513 5,803.94 7.32 201,151 0 201,151 4,075.40 49.36 211 500-521-10-00-2 AUFFANT ARIEL D &ABIGALE M BP N/A 42,513 5,803.94 7.32 100,000 277,000 377,000 4,075.40 92.51 212 500-521-11-00-5 BERRY ROBYN L &KERI M BP N/A 42,513 5,803.94 7.32 81,406 269,307 350,713 4,075.40 86.06 213 500-521-12-00-8 BRANDT HOMES INC BP N/A 42,513 5,803.94 7.32 165,000 0 165,000 4,075.40 40.49 214 500-522-01-00-3 JOHNSON DWANE B BP N/A 42,513 5,803.94 7.32 126,000 235,000 361,000 4,075.40 88.58 215 500-522-02-00-6 BANK OF NEW YORK MELLON BP N/A 42,513 5,803.94 7.32 100,000 296,000 396,000 4,075.40 97.17 216 500-522-03-00-9 WADE PATRICK BP N/A 42,513 5,803.94 7.32 81,406 304,923 386,329 4,075.40 94.80 217 500-522-04-00-2 REED WYLIE M &LINDA J BP N/A 42,513 5,803.94 7.32 100,000 311,000 411,000 4,075.40 100.85 218 500-522-05-00-5 CHAMBLESS RYAN L &BRENDA S BP N/A 42,513 5,803.94 7.32 126,000 238,000 364,000 4,075.40 89.32 219 500-523-01-00-0 PEARL JOSEPH &GINA BP N/A 42,513 5,803.94 7.32 125,000 235,000 360,000 4,075.40 88.33 220 500-523-02-00-3 BARBARA SMITH HOMES BP -N/A 42,513 5,803.94 7.32 100,000 0 100,000 4,075.40 24.54 221 500-523-03-00-6 WAHl DEEPAK &KAMBOJ REETU BP N/A 42,513 5,803.94 7.32 125,000 239,000 364,000 4,075.40 89.32 222 500-523-04-00-9 HUMPHREY GREG &CHRISTINE BP N/A 42,513 5,803.94 7.32 100,000 293,000 393,000 4,075.40 96.43 223 500-524-01-00-7 HAYNES GAYLE BP N/A 42,513 5,803.94 7.32 126,000 246,000 372,000 4,075.40 91.28 224 500-524-02-00-0 SLUGA RITA BP N/A 42,513 5,803.94 7.32 125,000 247,000 372,000 4,075.40 91.28 225 500-524-03-00-3 WIEDMANN TED S BP N/A 42,513 5,803.94 7.32 125,000 265,000 390,000 4,075.40 95.70 226 500-524-04-00-6 ROBERSON WILLIAM J BP N/A 42,513 5,803.94 7.32 125,000 238,000 363,000 4,075.40 89.07 227 500-524-05-00-9 HUNTER CHARLES R JR &AMY L BP N/A 42,500 5,803.94 7.32 100,000 295,000 395,000 4,075.40 96.92 228 500-521-13-00-1 BRIGHTON ESTS HOMEOWNERS ASSN BP N/A 0 0.00 N/A-1 0 0 0 0.00 N/A-1 229 500-531-01-00-9 CASTLE &COOKE CALIFORNIA INC BP N/A 42,513 5,803.94 7.32 30,331 0 30,331 4,075.40 7.44 230 500-531-02-00-2 BARBARA SMITH HOMES BP N/A 42,513 5,803.94 7.32 100,000 0 100,000 4,075.40 24.54 231 500-531-03-00-5 CALIF HOME BLDRS INC BP N/A 42,513 5,803.94 7.32 227,618 0 227,618 4,075.40 55.85 232 500-531-04-00-8 CASTLE &COOKE CALIFORNIA INC BP N/A 42,513 5,803.94 7.32 30,343 0 30,343 4,075.40 7.45 233 500-531-05-00-1 CASTLE &COOKE CALIFORNIA INC BP N/A 42,513 5,803.94 7.32 30,343 0 30,343 4,075.40 7.45 234 500-532-01-00-6 MEYER AARON R &AMY R BP N/A 42,513 5,803.94 7.32 126,000 276,000 402,000 4,075.40 98.64 235 500-532-02-00-9 GRILLO STEVEN A &JENNIFER L BP -N/A 42,513 5,803.94 7.32 100,000 331,000 431,000 4,075.40 105.76 236 500-532-03-00-2 BARBARA SMITH HOMES BP N/A 42,513 5,803.94 7.32 100,000 0 100,000 4,075.40 24.54 237 500-532-04-00-5 BARBARA SMITH HOMES BP N/A 42,513 5,803.94 7.32 100,000 0 100,000 4,075.40 24.54 238 500-532-05-00-8 BRANDT HOMES INC BP N/A 42,513 5,803.94 7.32 165,000 0 165,000 4,075.40 40.49 239 500-532-06-00-1 MICHAEL AMIRA E &MICHAEL M BP N/A 42,513 5,803.94 7.32 149,644 244,419 394,063 4,075.40 96.69 240 500-532-07-00-4 BURTONJAMESJR BP N/A 42,513 5,803.94 7.32 110,000 377,000 487,000 4,075.40 119.50 29610F-E 4 12/13/2010 APPENDIX E ANNUAL REPORT NO.7 CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO. 03-1 CURRENT ASSESSMENT AND ASSESSOR'S VALUE DATA ORIGINAL VALUE/LIEN AS OF 06/2004 PARCEL CURRENT ASSESSMENT AND (NOT UPDATED TO CURRENT YEAR VALUES) ASSESSOR'S VALUE DATA FOR FISCAL YEAR ENDING 06/30/10 DIST. ASSESSOR'S AD 03-1 APPRAISED ASSESSOR'S ASSESSOR'S TOTAL VALUES REMAINING ASSESSOR'S AD 03-1 ASSESSOR'S TAX AREA LAND APPRAISED ASSESSMENT VALUE 1 LAND IMPROVEMENT (ASSESSOR'S LAND ASSESSMENT VALUE 1 ASSESSMENT NUMBER (ATN) CODE VALUE (1) VALUE (2) AMOUNT (3) LIEN 141 VALUE/51 VALUE 151 + IMPROVEMEND(5 NUMBER BALANCE 161 LIEN I7l OR DESCRIPTION OWNER'S NAME (5) (8) COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 COLUMN 9 241 500-532-08-00-7 JOE ROBERSON HOMES BP N/A 42,513 5,803.94 7.32 226,558 0 226,558 4,075.40 55.59 242 500-532-09-00-0 THOMPSON BEVERLY D BP N/A 42,513 5,803.94 7.32 100,000 295,000 395,000 4,075.40 96.92 243 500-532-10-00-2 JOE ROBERSON HOMES BP N/A 42,513 5,803.94 7.32 222,324 0 222,324 4,075.40 54.55 244 500-532-11-00-5 MORRIS JESSE A & JEAN M BP N/A 42,513 5,803.94 7.32 125,000 249,000 374,000 4,075.40 91.77 245 500-532-12-00-8 GARCES FRANCISCO MOLINA & SOLORZANO MAl BP N/A 42,513 5,803.94 7.32 125,000 217,000 342,000 4,075.40 83.92 246 500-532-13-00-1 HEMME GARY & SUSAN BP N/A 42,513 5,803.94 7.32 125,000 214,900 339,900 4,075.40 83.40 247 500-532-14-00-4 FUENMAYOR MARCEL ANDRES BP N/A 42,513 5,803.94 7.32 126,000 235,000 361,000 4,075.40 88.58 248 500-532-15-00-7 MENNA LAURENCE E & JUDY E BP N/A 42,513 5,803.94 7.32 126,000 240,000 366,000 4,075.40 89.81 249 500-532-16-00-0 PINTO PETER B & DONNA BP N/A 42,513 5,803.94 7.32 126,000 237,000 363,000 4,075.40 89.07 250 500-532-17-00-3 CASTLE & COOKE CALIFORNIA INC BP -N/A 42,502 5,803.94 7.32 31,235 0 31,235 4,075.40 7.66 251 500-531-0&-00-4 BRIGHTON ESTS HOMEOWNERS ASSN BP N/A 0 0.00 N/A-1 0 0 0 0.00 N/A-l 252 500-541-01-00-2 LEE EUNICE BP N/A 42,513 5,803.94 7.32 110,000 280,000 390,000 4,075.40 95.70 253 500-541-02-00-5 REED DAVID J BP N/A 42,513 5,803.94 7.32 100,000 297,000 397,000 4,075.40 97.41 254 500-541-03-00-8 RICKETI CRAIG A BP N/A 42,513 5,803.94 7.32 125,000 216,000 341,000 4,075.40 83.67 255 500-541-04-00-1 LUJAN RICHARD A FAMILY TRUST BP N/A 42,513 5,803.94 7.32 126,000 232,000 358,000 4,075.40 87.84 256 500-541-05-00-4 WILLIAMS TREVOR 0 & MONIQUE A BP N/A 42,513 5,803.94 7.32 126,000 253,000 379,000 4,075.40 93.00 257 500-541-0&-00-7 SUMMERS DONALD BP N/A 42,513 5,803.94 7.32 100,000 253,000 353,000 4,075.40 86.62 258 500-541-07-00-0 ESPERICUETA ALFFED & GLORIA R BP N/A 42,513 5,803.94 7.32 125,000 211,000 336,000 4,075.40 82.45 259 500-541-08-00-3 FANUCCHI STEPHEN J & JULIE L BP N/A 42,513 5,803.94 7,32 100,000 251,000 351,000 4,075.40 86.13 260 500-541-09-00-6 COSTELLO JOHN J & RAMONA L BP N/A 42,513 5,803.94 7.32 100000 270,000 370,000 4075.40 90.79 261 500-541-10-00-8 HUMKEY BRANDON L BP N/A 42,513 5,803.94 7.32 79,810 269,360 349,170 4,075.40 85.68 262 500-541-11-00-1 FARKUS ANDREW & MARIA BP N/A 42,513 5,803.94 7.32 139,000 262,000 401,000 4,075.40 98.40 263 500-541-12-00-4 BAUTISTA HELEN BP N/A 42,513 5,803.94 7.32 115,000 297,000 412,000 4,075.40 101.09 264 500-541-13-00-7 NG KIM T & SHENG TZE YI BP N/A 42,513 5,803.94 7.32 132,000 283,000 415,000 4,075.40 101.83 265 500-541-14-00-0 FOREST DEREK R & AMY BP N/A 42,513 5,803,94 7.32 100,000 327,000 427,000 4,075.40 104.77 266 500-541-15-00-3 KOELZER FAMILY TR BP N/A 42,513 5,803.94 7.32 100,000 262,000 362,000 4,075.40 88,83 267 500-541-16-00-6 HORWEDEL GERALD MICHAEL & STEPHANIE ANN BP N/A 42,513 5,803.94 7.32 126,000 248,000 374,000 4,075.40 91.77 268 500-541-17-00-9 BURT BRIAN BP N/A 42,513 5,803.94 7,32 100,000 270,000 370,000 4,075.40 90.79 269 500-541-18-00-2 NG REGINA ANNE TRUST BP N/A 42,513 5,803.94 7.32 125,000 238,000 363,000 4,075.40 89.07 270 500-542-01-00-9 CHRISTIE JOEL T & LIND! J BP N/A 42,513 5,803.94 7.32 126,000 235,000 361,000 4,075.40 88.58 271 500-542-02-00-2 SANCHEZ NICKY C & ANGELICA BP N/A 42,513 5,803.94 7.32 129,000 248,000 377,000 4,075.40 92.51 272 500-542..03-00-5 BLANCO ANTHONY & ANGELA BP N/A 42,513 5,803.94 7.32 136,000 238,000 374,000 4,075.40 91.77 273 500-542-04-00-8 MAY JASON & NATALIE BP N/A 42,513 5,803.94 7.32 133,000 256,000 389,000 4,075.40 95.45 274 500-542-05-00-1 LOZANO PAUL R BP N/A 42,513 5,803.94 7.32 100,000 254,000 354,000 4,075.40 86.86 275 500-542-06-00-4 MUNOZ LUIS R BP N/A 42,513 5,803.94 7.32 101,758 297,134 398,892 4,075.40 97.88 276 500-542-07-00-7 MEDEROS FIDENCIO & HYE BP N/A 42,513 5,803.94 7.32 125,000 218,000 343,000 4,075.40 84.16 277 500-542-0(;,,00-0 BARBARA SMITH HOMES BP N/A 42,513 5,803.94 7.32 125,000 225,000 350,000 4,075.40 85.88 278 500-542-09-00-3 KWON SEUNG JOO BP N/A 42,513 5,803.94 7.32 125,000 251,000 376,000 4,075.40 92.26 279 500-542-10-00-5 IVEY MICHAEL P & KELLI B BP N/A 42,513 5,803.94 7.32 100,000 317,000 417,000 4,075.40 102.32 280 500-542-11-00-8 MORALES LUIS R & CASTRO MORALES MARIA 0 BP N/A 42,513 5,803.94 7.32 127,000 244,000 371,000 4,075.40 91.03 281 500-542-12-00-1 HOLMES ROBERT C & SALLY A 2003 TR BP -N/A 42,513 5,803.94 7.32 126,000 259,000 385,000 4,075.40 94.47 282 500-542-13-00-4 THOMAS JUDY TRUST BP N/A 42,513 5,803.94 7.32 45,600 203,308 248,908 4,075.40 61.08 283 500-542-14-00-7 BANDUCCI JAMIE & CANDICE BP N/A 42,513 5,803.94 7.32 127,000 239,000 366,000 4,075.40 89.81 284 500-543-01-00-6 ARICHEA SONNY A & FLORITA T BP N/A 42,513 5,803.94 7.32 100,000 310,000 410,000 4,075.40 100.60 285 500-543-02-00-9 MORALES JORGE JR & HEATHER BP N/A 42,513 5,803.94 7.32 100,000 266,000 366,000 4,075.40 89.81 286 500-543-03-00-2 HALE MICHAEL M & KRISTEN M REV TR BP N/A 42,513 5,803.94 7.32 127,000 255,000 382,000 4,075.40 93.73 287 500-543-04-00-5 LANGE CARL B A III BP N/A 42,513 5,803.94 7.32 100,000 272,000 372,000 4,075.40 91.28 288 500-543-05-00-8 NUNES CONNIE JO TR BP N/A 42,513 5,803.94 7.32 125,000 250,000 375,000 4,075.40 92.02 289 500-543-06-00-1 TIBBSPATIIE BP N/A 42,513 5,803.94 7.32 125,000 224,000 349,000 4,075.40 85.64 290 500-543-07-00-4 JARA susEO FAM TR BP N/A 42,513 5,803.94 7.32 100000 248,000 348,000 4,075.40 85.39 291 500-543-08-00-7 WILLARD JASON & GINGER BP N/A 42,513 5,803.94 7.32 125,000 230,000 355,000 4,075.40 87.11 292 500-543-09-00-0 ETCHEVERRY JOHN & NANETIE BP N/A 42,493 5,803.94 7.32 100,000 281,000 381,000 4,075.40 93.49 293 500-541-19-00-5 BRIGHTON ESTS HOMEOWNERS ASSN BP N/A 0 0.00 N/A-l 0 0 0 0.00 N/A-l 294 500-551-01-00-5 WESTFAHL DENISE BP N/A 42,513 5,803.94 7.32 100,000 279,000 379,000 4,075.40 93.00 295 500-551-02-00-8 GORDON FRANKLIN 0 & SHAllA S BP N/A 42,513 5,803.94 7.32 105,000 329,000 434,000 4,075.40 106.49 296 500-551-03-00-1 SANCHEZ BERTHA A REV TR BP N/A 42,513 5,803.94 7.32 110,000 297,000 407,000 4,075.40 99.87 297 500-551-04-00-4 BEAGLE MICHAEL J BP N/A 42,513 5,803.94 7.32 100,000 300,000 400,000 4,075.40 98.15 298 500-551-05-00-7 WATERS JERRY LEE & MARTHA JANE FAM TR BP N/A 42,513 5,803.94 7.32 128,000 236,000 364,000 4,075.40 89.32 299 500-551-06-00-0 WOODWARD GABE & STACI FAM TR BP N/A 42,513 5,803.94 7.32 100,000 305,000 405,000 4,075.40 99.38 300 500-551-07-00-3 LOPEZ FRANK BP N/A 42,513 5,803.94 7.32 100,000 289,000 389,000 4,075.40 95.45 29610F-E 5 12/13/2010 APPENDIX E ANNUAL REPORT NO.7 CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO. 03-1 CURRENT ASSESSMENT AND ASSESSOR'S VALUE DATA ORIGINAL VALUEILIEN AS OF 06/2004 PARCEL CURRENT ASSESSMENT AND (NOT UPDATED TO CURRENT YEAR VALUES) ASSESSOR'S VALUE DATA FOR FISCAL YEAR ENDING 06/30/10 DIST. ASSESSOR'S AD 03-1 APPRAISED ASSESSOR'S ASSESSOR'S TOTAL VALUES REMAINING ASSESSOR'S AD 03-1 ASSESSOR'S TAX AREA LAND APPRAISED ASSESSMENT VALUE 1 LAND IMPROVEMEN (ASSESSOR'S LAND ASSESSMENT VALUE 1 ASSESSMENT NUMBER (ATN) CODE VALUE (1) VALUE (2) AMOUNT (3) LIEN (4) VALUE (5) VALUE (5) + IMPROVEMENTI(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 9 301 500-551-08-0D--6 DUNCAN D C FAMILYTR BP N/A 42,513 5,803.94 7.32 128,000 251,000 379,000 4,075,40 93.00 302 500-551-09-00-9 ALAZZAM JORDAN & FAHMIEH BP N/A 42,513 5,803.94 7.32 115,000 353,000 468,000 4,075,40 114.84 303 500-551-10-00-1 BENIPAL NAVJEET S & HARPREET K BP N/A 42,513 5,803.94 7.32 105,000 292,000 397,000 4,075,40 97,41 304 500-551-11-00-4 KATCHADOURIAN JACK & KAREN BP N/A 42,513 5,803.94 7.32 132,000 255,000 387,000 4,075,40 94.96 305 50D--551-12-00-7 PATEL NARENDRA & DAXA BP N/A 42,513 5,803.94 7.32 100,000 252,000 352,000 4,075,40 86.37 306 50D--551-13-00-0 HARDY JACOB & TARA BP N/A 42,513 5,803.94 7.32 100,000 273,000 373,000 4,075,40 91.52 307 50D--551-14-00-3 YANEZ BOBBY BP N/A 42,513 5,803.94 7.32 100,000 254,000 354,000 4,075,40 86.86 308 500-551-15-00-6 SIMMONS GALE M & JUDY A BP N/A 42,513 5,803.94 7.32 125,000 232,000 357,000 4,075,40 87.60 309 500-551-16-00-9 MITCHELL JESSE & LESLIE BP N/A 42,513 5,803.94 7.32 101,758 248,290 350,048 4,075,40 85.89 310 500-551-17-00-2 MC MILLAN ROBERT C & VIRGINIA M BP N/A 42,513 5,803.94 7.32 99,763 224,466 324,229 4,075,40 79.56 311 500-552-01-0D--2 KERNS MICHAEL L & MERRI S BP N/A 42,513 5,803.94 7.32 100,000 259,000 359,000 4,075,40 88.09 312 50D--552-02-00-5 GENTRY STUART & SHERRY BP N/A 42,513 5,803.94 7.32 100,000 259,000 359,000 4,075.40 88.09 313 50D--552-03-00-8 GARDE MOISHE M & PAMELA A BP N/A 42,513 5,803.94 7.32 100,000 260,000 360,000 4,075,40 88.33 314 500-552-04-00-1 HINDS CARLA& NATALIE N BP N/A 42,513 5,803.94 7.32 125,000 239,000 364,000 4,075,40 89.32 315 500-552-05-00-4 CYRUS ROMAN BP N/A 42,513 5,803.94 7.32 105,000 284,000 389,000 4,075,40 95,45 316 500-552-06-00-7 CRONJAGER JAMES A & MARIA B BP N/A 42,513 5,803.94 7.32 110,000 272,000 382,000 4,075,40 93.73 317 500-552-07-00-0 DODDER JASON B & WENDY L BP N/A 42,513 5,803.94 7.32 99,763 349,169 448,932 4,075,40 110.16 318 500-552-08-0D--3 WHIPPLE PAUL H & MICHELLE R BP N/A 42,513 5,803.94 7.32 100,000 264,000 364,000 4,075,40 89.32 319 500-553-01-0D--9 CHOI DONG KOOK & RAN HYONG BP N/A 42,513 5,803.94 7.32 100,000 264,000 364,000 4,075,40 89.32 320 500-553-02-00-2 PATEL ASHISH & SONAL BP N/A 42,513 5,803.94 7.32 100,000 276,000 376,000 4,075,40 92.26 321 50D--553-03-00-5 BUYS PATRICIA BP N/A 42,513 5,803.94 7.32 4,809 30,191 35,000 4,075,40 8.59 322 50D--554-554-D1-00-6 SHAH FARHAN ALI BP N/A 42,513 5,803.94 7.32 100,000 257,000 357,000 4,075,40 87.60 323 50D--554-02-00-9 BANKS TIMOTHY J II & RANA L BP N/A 42,513 5,803.94 7.32 100,000 276,000 376,000 4,075,40 92.26 324 500-554-03-00-2 COOPER KRIS & SARAH BP N/A 42,513 5,803.94 7.32 125,000 231,000 356,000 4,075,40 87.35 325 500-554-04-0D--5 S & D INVS INC BP N/A 42,513 5,803.94 7.32 125000 223,000 348,000 4,075,40 85.39 326 500-554-05-00-8 HARRINGTON JEFFREY & KELLY BP N/A 42,497 5,803.94 7.32 99,763 259,383 359,146 4,075,40 88.13 327 500-551-18-00--5 BRIGHTON ESTS HOMEOWNERS ASSN BP N/A 0 0.00 N/A-l 0 0 0 0.00 N/A-l 328 500-571-01-00-1 BOYANCE FAMILYTR BP N/A 42,513 5,803.94 7.32 126,000 211,000 337,000 4,075,40 82.69 329 500-571-02-00-4 MUSSATTO JEFFREY & TANYA BP N/A 42,513 5,803.94 7.32 136,000 286,000 422,000 4,075,40 103.55 330 500-571-03-00-7 MOSER GARY D & SARA E BP N/A 42,513 5,803.94 7.32 110,000 420,000 530,000 4,075,40 130.05 331 500-571-04-00-0 RAMA FLORIANO L R & IMELDA G BP N/A 42,513 5,803.94 7.32 128,000 239,000 367,000 4,172.65 87.95 332 500-571-05-0D--3 PATEL ARVIND M & MADHU A BP N/A 42,513 5,803.94 7.32 100,000 307,000 407,000 4,075,40 99.87 333 500-571-OB-0D--6 HARGIS FMLY L1VTR BP N/A 42,513 5,803.94 7.32 100,000 321,000 421,000 4,075,40 103.30 334 500-571-07-00-9 PINEDA ELMER G & VANESSA BP N/A 42,513 5,803.94 7.32 128,000 274,000 402,000 4,075,40 98.64 335 50D--571-08-00-2 SALVO JARED M & JUNE S BP N/A 42,513 5,803.94 7.32 100,000 296,000 396,000 4,075,40 97.17 336 500-571-09-00-5 WELLS FARGO BANK N A TRS BP N/A 42,513 5,803.94 7.32 100,000 230,000 330,000 4,269.89 77.29 337 500-571-10-00-7 ANDERSON KENNETH & CAROLYN BP N/A 42,513 5,803.94 7.32 100,000 277,000 377,000 4,075,40 92.51 338 5OO-571-11-0D--0 DIFFEE RYAN W & ANGELA M BP N/A 42,513 5,803.94 7.32 124,703 294,300 419,003 4,075,40 102.81 339 500-571-12-0D--3 CRABTREE JARED J & LAURA A BP N/A 42,513 5,803.94 7.32 128,000 242,000 370,000 4,075,40 90.79 340 500-571-13-00-6 SYKES CHRISTOPHER P & CAREN B BP N/A 42,513 5,803.94 7.32 128,000 233000 361,000 4,075,40 88.58 341 500-571-14-00-9 REDSTONE BEAU G & CINDY D BP N/A 42,513 5,803.94 7.32 129,000 254,000 383,000 4,075,40 93.98 342 50D--571-15-00-2 KEELIN EDWARD J JR & GIA R BP N/A 42,513 5,803.94 7.32 105,000 303,000 408,000 4,075,40 100.11 343 50D--571-16-00-5 DEVITT DAVID E & LESLIE R BP N/A 42,513 5,803.94 7.32 131,000 285,000 416,000 4,075,40 102.08 344 500-571-17-00-8 AMJADI FIROOZ BP N/A 42,513 5,803.94 7.32 129,000 291,000 420,000 4,075,40 103.06 345 500-571-18-0D--1 SMITH DAVID W & KAREN M BP N/A 42,513 5,803.94 7.32 132,000 234,000 366,000 4,075,40 89.81 346 500-571-19-00-4 AMORNTRAKUL SUKHUM & SAETIA SOMJAI BP N/A 42,513 5,803.94 7.32 135,000 334,000 469,000 4,075,40 115.08 347 50D--571-20-00-6 BP RADS INC BP N/A 42,513 5,803.94 7.32 100,000 280,000 380,000 4,075,40 93.24 348 50D--572-01-00-8 WENDT RICHARD E BP N/A 42,513 5,803.94 7.32 130,000 233,000 363,000 4,075,40 89.07 349 500-572-02-0D--1 HENRY LESTER F & TERESA JO BP N/A 42,513 5,803.94 7.32 100,000 283,000 383,000 4,075,40 93.98 350 500-572-03-0D--4 PRIETO TOMAS & XOCHITL FAMILY TR BP -N/A 42,513 5,803.94 7.32 125,000 212,000 337,000 4,075,40 82.69 351 500-572-04-0D--7 GUTIERREZ JOEL & MARY FAMILY TRUST BP N/A 42,513 5,803.94 7.32 125,000 266,000 391,000 4,075,40 95.94 352 500-572-05-00--0 BRAHMBHATT DEVANG V & BHATT POOJA V BP N/A 42,513 5,803.94 7.32 130,000 259,000 389,000 4,075,40 95,45 353 50D--572-06-00--3 HENTGES ROBERT C & MARY R BP N/A 42,513 5,803.94 7.32 129,000 214,000 343,000 4,075,40 94.16 354 50D--572-07-00-6 DEURMIER GARY & ROSEMARY BP N/A 42,513 5,803.94 7.32 110,000 281,000 391,000 4,075,40 95.94 355 500-572-08-0D--9 BARNES LAWRENCE M & CATHLEEN A REV TR BP N/A 42,513 5,803.94 7.32 38,398 112463 150,861 4,075,40 37.02 356 500-572-09-0D--2 WIEDMAN MARTHA & QUICK JOHN BP N/A 42,513 5,803.94 7.32 127,000 245,000 372,000 4,075,40 91.28 357 500-572-1D--0D--A THOMAS FAMILY TR BP N/A 42,513 5,803.94 7.32 129,000 228,000 357,000 4,075.40 87.60 358 50D--572-11-00-7 HALL WESTON A & YESSICA D BP N/A 42,513 5,803.94 7.32 127,000 228,000 355,000 4,075.40 87.11 359 50D--572-12-00-0 TOTTEMPUDI RAUL C BP N/A 42,513 5,803.94 7.32 100,000 270,000 370,000 4,075.40 90.79 360 500-572-13-00-3 YUROSEK JEREMY J BP N/A 42,513 5,803.94 7.32 126,000 214,000 340,000 4,075.40 83.43 29610F-E 6 12/13/2010 APPENDIXE ANNUAL REPORT NO.7 CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO. 03-1 CURRENT ASSESSMENT AND ASSESSOR'S VALUE DATA ORIGINAL VALUE/LIEN AS OF 06/2004 PARCEL CURRENT ASSESSMENT AND (NOT UPDATED TO CURRENT YEAR VALUES) ASSESSOR'S VALUE DATA FOR FISCAL YEAR ENDING 06/30/10 DIST. ASSESSOR'S AD 03-1 APPRAISED ASSESSOR'S ASSESSOR'S TOTAL VALUES REMAINING ASSESSOR'S AD 03-1 ASSESSOR'S TAX AREA LAND APPRAISED ASSESSMENT VALUE 1 LAND IMPROVEMEN (ASSESSOR'S LAND ASSESSMENT VALUE 1 ASSESSMENT NUMBER (ATN) CODE ~,11\ VALUE (2) AMOUNT (3\ LIEN 14\ VALUE (5) VALUE (5) + IMPROVEMENTIIS 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 9 361 500-572-14-00-6 SUMMERS FAMILY TRUST BP N/A 42,496 5,803.94 7.32 126,000 234,000 360,000 4,075.37 88.34 362 500-560-02-00-4 BRIGHTON ESTS HOMEOWNERS ASSN BP N/A 0 0.00 N/A-1 0 0 0 0.00 N/A-1 363 500-571-21-00-9 BRIGHTON ESTS HOMEOWNERS ASSN BP N/A 0 0.00 N/A-1 0 0 0 0.00 N/A-1 364 498-671-01-00-4 RUSSELL DAVID M & JODI M SCII N/A 27,384 3,013.75 9.09 25,000 148,631 173,631 2,116.19 82.05 365 498-671-02-00-7 ZULOAGA INAKI Z SCII N/A 27,384 3,013.75 9.09 25,000 112,750 137,750 2,116.19 65.09 366 498-671-03-00-0 FIGUEROA PEDRO R & RODRIGUEZ MARIA E SCII N/A 27,384 3,013.75 9.09 25,000 132,890 157,890 2,116.19 74.61 367 498-671-04-00-3 CASTANEDA CARLOS M SILLAS SCII N/A 27,384 3,013.75 9.09 25,000 112,750 137,750 2,116.19 65.09 368 498-672-01-00-1 BISTA BHUPENDRA SCII N/A 27,384 3,013.75 9.09 76,681 95,851 172,532 2,116.19 81.53 369 498-672-02-00-4 MALICH JEREMIAH P & LILIA SCII N/A 27,384 3,013.75 9.09 25,000 160,490 185,490 2,116.19 87.65 370 498-672-03-00-7 WOOD NATHAN J & LEE OUKJU SCII -N/A 27,384 3,013.75 9.09 25,000 112,750 137,750 2,116.19 65.09 371 498-672-04-00-0 MANZO ALBERT & NANNETIE M SCII N/A 27,384 3,013,75 9.09 35,120 121,572 156,692 2,116.19 74.04 372 498-673-01-00-8 LAWSON FREDERICK S & DONNA M SCII N/A 27,384 3,013.75 9.09 25,027 132,313 157,340 2,116.19 74.35 373 498-673-02-02-00-1 PENUELAS MARIA T SCII N/A 27,384 3,013.75 9.09 25,000 160,490 185,490 2,116.19 87.65 374 498-673-03-00-4 FLORES JULIO & NICOLE D SCII N/A 27,384 3,013.75 9.09 25,000 112,750 137,750 2,116.19 65.09 375 498-673-04-00-7 GONZALEZ FEDERICO & LUZ SCII N/A 27,384 3,013.75 9.09 34,584 138,676 173,260 2,116.19 81.87 376 498-673-05-00-0 ANDREWS SUSAN P & EAPEN ROJI SCII N/A 27,384 3,013.75 9.09 25,000 160,940 185,940 2,116.19 87.87 377 498-673-06-00-3 VANGEL JACOB N SCII N/A 27,384 3,013.75 9.09 34,628 122,064 156,692 2,116.19 74.04 378 498-673-07-00-6 PADILLA LUIS SCII N/A 27,384 3,013.75 9.09 62,397 113,095 175,492 2,116.19 82.93 379 498-673-08-00-9 MENDOZA MARIA L SCII N/A 27,384 3,013.75 9.09 25,000 112,750 137,750 2,116.19 65.09 380 498-674-01-00-5 SARMIENTO MIRIAN C & JULIO C SCII N/A 27,384 3,013.75 9.09 51,408 121,237 172,645 2,116.19 81,58 381 498-674-02-00-8 HOOPER STACY SCII N/A 27,384 3,013.75 9.09 25,000 113,510 138,510 2,116.19 65.45 382 498-674-03-00-1 RANGWALA LIVING TRUST SCII N/A 27,384 3,013.75 9.09 79,810 93,777 173,587 2,116.19 82.03 383 498-674-04-00-4 WINTERS JESS P SCII N/A 27,384 3,013.75 9.09 25,000 160,490 185,490 2,116.19 87.65 384 498-675-02-00-5 CAMPAGNA BEATRIZ SCII N/A 27,384 3,013.75 9.09 25,000 133,175 158,175 2,116.19 74.75 385 498-675-03-00-8 DHALIWAL JASWINDER SINGH & HARDEEP KAUR SCII N/A 27,384 3,013.75 9.09 30,000 135,000 165,000 2,116.19 77.97 386 498-675-04-00-1 HADDAD JOHN SCII N/A 27,384 3,013.75 9.09 38,276 119,613 157,889 2,116.19 74,61 387 498-675-05-00-4 OCAMPO ALEJANDRO SCII N/A 27,384 3,013.75 9.09 41,031 100,013 141,044 2,116,19 66.65 388 498-675-06-00-7 FED NATL MTG ASSN SCII N/A 27,381 3,013.75 9.09 50,527 145,265 195,792 2,116.19 92.52 389 498-671-05-0Q..6 CITY OF BAKERSFIELD SCII N/A 0 0.00 N/A-1 0 0 0 0.00 N/A-1 390 498-675-01-00-2 CITY OF BAKERSFIELD SCII -N/A 0 0.00 N/A-1 0 0 0 0.00 N/A-1 391 498-681-02-00-0 HOWARD GWENDOLYN P SEPARATE PROP TRUS SCII N/A 27,384 3,013.75 9.09 27,346 129,895 157,241 2,116.19 74.30 392 498-681-03-00-3 RAMIREZ MICHELLE M & STEPHEN A SCII N/A 27,384 3,013.75 9.09 25,000 112,750 137,750 2,116.19 65.09 393 498-681-04-00-6 GOFORTH BARBARA J SCII N/A 27,384 3,013,75 9.09 30,000 145,000 175,000 2,116.19 82.70 394 498-681-05-00-9 HOWARD WENDY SCII N/A 27,384 3,013.75 9.09 30,000 143,631 173,631 2,116.19 82.05 395 498-681-06-00-2 RODRIGUEZ RENATO RIOS SCII N/A 27,384 3,013,75 9.09 49,881 134,680 184,561 2,116.19 87.21 396 498-681-07-00-5 MARTINEZ CARLOS & MERITA SCII N/A 27,384 3,013.75 9.09 25,000 112,750 137,750 2,116.19 65.09 397 498-681-08-00-8 PEREZ BELEN DiAl SCII N/A 27,384 3,013.75 9.09 67,330 105,203 172,533 2,116.19 81.53 398 498-681-09-00-1 GUERRERO PATRICIO & SUSAN SCII N/A 27,384 3,013.75 9.09 25,000 112,750 137,750 2,116.19 65.09 399 498-681-10-00-3 RAMIREZ MARTIN & GONZALEZ EDITH SCII N/A 27,384 3,013.75 9.09 28,115 144,418 172,533 2,116.19 81.53 400 498-681-11-00-6 MONARREZ JOSE J SCII -N/A 27,384 3,013.75 9.09 25,000 160,490 185,490 2,116.19 87.65 401 498-681-12-00-9 LUNA RAY SCII N/A 27,384 3,013.75 9.09 30,000 112,500 112,500 142,500 2,116.19 67.34 402 498-681-13-00-2 ALVAREZ SALVADOR & MARIA SCII N/A 27,384 3,013.75 9.09 24,549 110,147 134,696 2,116.19 63.65 403 498-681-14-00-5 KLIMEK SHANLEIGH H SCII N/A 27,384 3,013.75 9.09 31,780 126,009 157,789 2,116.19 74.56 404 498-681-15-00-8 MARTINEZ BEATRIZ F SCII N/A 27,384 3,013.75 9.09 30,277 68,131 98,408 2,116.19 46.50 405 498-681-16-00-1 EDWARDS JIM & CINDY SCII -N/A 27,384 3,013.75 9.09 35.000 122,890 157,890 2,116.19 74.61 406 498-681-17-00-4 SANCHEZ ERLINDA SCII N/A 27,384 3,013.75 9.09 30,000 155,490 185,490 2,116.19 87.65 407 498-681-18-00-7 KIM JULIE SCII N/A 27,384 3,013.75 9.09 34,320 138,828 173,148 2,116.19 81.82 408 498-681-19-00-0 PADILLA MARIO SCII N/A 27,384 3,013.75 9.09 26,501 130,740 157,241 2,116.19 74.30 409 498-682-01-00-4 HOFFARTH DENNIS SEP PROP TR SCII N/A 27,384 3,013.75 9.09 25,000 160,490 185,490 2,116.19 87,65 410 498-682-02-00-7 GONZALEZ JESUS & MARIA N SCII N/A 27,384 3,013.75 9.09 33,709 138,208 171,917 2,116.19 81.24 411 498-682-03-00-0 SNORDON SONJA SCII N/A 27,384 3,013.75 9.09 25,000 112,750 137,750 2,116.19 65.09 412 498-682-04-00-3 MOWER MICHELLE SCII N/A 27,384 3,013.75 9.09 52,231 104,462 156,693 2,116.19 74.04 413 498-682-05-00-6 LEON EZEQUIEL sell N/A 27,384 3,013.75 9.09 53,515 118,402 171,917 2,116.19 81.24 414 498-682-06-00-9 SMITH VINCENT & TONI SCII N/A 27,384 3,013.75 9.09 25,000 112,750 137,750 2,116.19 65.09 415 498-682-07-00-2 RODRIGUEZ ROSALIO M & MARTINEZ MARIA B SCII N/A 27,384 3,013.75 9.09 25,729 130,963 156,692 2,116.19 74.04 416 498-682-08-00-5 JIMENEZ IGNACIO SCII N/A 27,381 3,013.75 9.09 39,212 133,321 172,533 2,116.19 81.53 417 498-681-01-00-7 CITY OF BAKERSFIELD SCII N/A 0 0.00 N/A-1 0 0 0 0.00 N/A-1 418 498-691-01-00-0 ESPINOZA JULIO SCII N/A 27,384 3,013.75 9.09 47,686 125,574 173,260 2,116.19 81.87 419 498-691-02-00-3 CAMPBELL MATIHEW & TANIA SCII N/A 27,384 3,013.75 9.09 38,865 119,024 157,889 2,116.19 74.61 420 498-691-03-00-6 WALL KEVIN E & PAULA A SCII N/A 27,384 3,013.75 9.09 25,000 160,490 185,490 2,116.19 87.65 29610F-E 7 12/13/2010 APPENDIX E ANNUAL REPORT NO.7 CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO. 03-1 CURRENT ASSESSMENT AND ASSESSOR'S VALUE DATA ORIGINAL VALUE/LIEN AS OF 06/2004 PARCEL CURRENT ASSESSMENT AND (NOT UPDATED TO CURRENT YEAR VALUES) ASSESSOR'S VALUE DATA FOR FISCAL YEAR ENDING 06/30/10 DIST. ASSESSOR'S AD 03-1 APPRAISED ASSESSOR'S ASSESSOR'S TOTAL VALUES REMAINING ASSESSOR'S AD 03-1 ASSESSOR'S TAX AREA LAND APPRAISED ASSESSMENT VALUE 1 LAND IMPROVEMEN (ASSESSOR'S LAND ASSESSMENT VALUE 1 ASSESSMEN NUMBER (ATN) CODE VALUE (1) VALUE (2) AMOUNT (3) LIEN (4) VALUE 15\ VALUE 15\ + IMPROVEMENnlS BALANCE/6) LIEN 17\ NUMBER OR DESCRIPTION OWNER'S NAME (5) (8) COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN S COLUMN 6 COLUMN 7 COLUMN 8 COLUMN 9 421 498-691-04-00-9 VARGAS ENRIQUETA B SCII NIA 27,384 3,013.75 9.09 25,000 112,750 137,750 2,116.19 65.09 422 498-691-05-00-2 BISTA BHUWANESH BHAKTA &PABINA SCII NIA 27,384 3,013.75 9.09 25,000 148,631 173,631 2,116.19 82.05 423 498-691-06-00-5 TINER KRISTOFFER &KIMBERLY SCII N/A 27,384 3,013.75 9.09 25,000 112,750 137,750 2,116.19 65.09 424 498-691-07-00-8 BOJORQUEZ HERNAN &MARIA I SCII NIA 27,384 3,013.75 9.09 25,000 160,490 185,490 2,116.19 87.65 425 498-691-08-00-1 GARVIN FAMILY TRUST SCII -NIA 27,384 3,013.75 9.09 45,987 111,902 157,889 2,116.19 74.61 426 498-691-09-00-4 GARVIN FAMILY TRUST SCII NIA 27,384 3,013.75 9.09 25,000 112,750 137,750 2,116.19 65.09 427 498-691-10-00-6 SINGLETON CARRIE L SCII NIA 27,384 3,013.75 9.09 25,000 148,631 173,631 2,116.19 82.05 428 498-692-01-00-7 SINGH GURMAIL SCII NIA 27,384 3,013.75 9.09 39,905 143,658 183,563 2,116.19 86.74 429 498-692-02-00-0 MALONE AMY E SCII NIA 27,384 3,013.75 9.09 42,145 115,196 157,341 2,116.19 74.35 430 498-692-03-00-3 SWATZELL CANDACE B &CHARLES M SCII -N/A 27,384 3,013.75 9.09 NIA-1 NIA-1 NIA-1 0.00 N/A-1 431 498-692-04-00-6 MAIRTINEZ OCTAVIO SCII NIA 27,384 3,013.75 9.09 25,000 112,750 137,750 2,116.19 65.09 432 498-693-01-00-4 PENAABEL SCII NIA 27,384 3,013.75 9.09 25,000 132,890 157,890 2,116.19 74.61 433 498-693-02-00-7 LE DUYEN B SC II N/A 27,384 3,013.75 9.09 25,000 160,490 185,490 2,116.19 87.65 434 498-693-03-00-0 LA MARSNA JOHN SCII N/A 27,384 3,013.75 9.09 25,000 112,750 137,750 2,116.19 65.09 435 498-693-04-00-3 GONZALEZ GABRIEL &SUSANA SCII NIA 27,384 3,013.75 9.09 45,198 128,062 173,260 2,116.19 81.87 436 498-693-05-00-6 RODRIGUEZ EDGAR ALEX SCII N/A 27,384 3,013.75 9.09 25,000 160,490 185,490 2,116.19 87.65 437 498-693-08-00-9 TRINO JAMES P SCII N/A 27,384 3,013.75 9.09 24,624 132.069 156,693 2,116.19 74.04 438 498-693-07-00-2 GOMEZ EDGAIR E SR &RITA B SCII N/A 27,384 3,013.75 9.09 60,171 111,746 171,917 2,116.19 81.24 439 498-693-08-00-5 KING MARIEE SCII N/A 27,384 3,013.75 9.09 25,000 112,750 137,750 2,116.19 65.09 440 498-694-01-00-1 PENNINGTON LINDA L SCII NIA 27,384 3,013.75 9.09 25,000 112,750 137,750 2,116.19 65.09 441 498-694-02-00-4 ORNELAS ARMANDO &MARTHA SCII NIA 27,384 3,013.75 9.09 25,000 156,350 181,350 2,116.19 85.70 442 498-694-03-00-7 JACKSON MICHELLE J TRUST SCII NIA 27,384 3,013.75 9.09 25,000 25,000 112,750 137,750 2,116.19 65.09 443 498-694-04-00-0 JAIME BERNARDO A SCII NIA 27,381 3,013.75 9.09 34,334 138,198 172,532 2,116.19 81.53 444 498-701-01-00-2 COLE THOMAS E &MICHELLE K SCII NIA 27,384 3,013.75 9.09 40,169 115,055 155,224 2,116.19 73.35 445 498-701-02-00-5 CALZADA MARIO SCII -NIA 27,384 3,013.75 9.09 29,928 119,715 149,643 2,116.19 70.71 446 498-701-03-00-8 SINGH GURBACHAN &KAUR PARAMJIT SC II NIA 27,384 3,013.75 9.09 30,000 132,669 162,669 2,217.18 73.37 447 498-701-04-00-1 FERNANDEZ JUAN M SCII N/A 27,384 3,013.75 9.09 37,614 87,856 125,470 2,116.19 59.29 448 498-702-01-00-9 MINNOY TERRANCE A SCII N/A 27,384 3,013.75 9.09 44,753 128,507 173,260 2,116.19 81.87 449 498-702-02-00-2 REMOLADOR EMMANUEL &BULAK SCII N/A 27,384 3,013.75 9.09 25,000 112,750 137,750 2,116.19 65.09 450 498-702-03-00-5 SIDHU LIVING TR SCII -N/A 27,384 3,013.75 9.09 79,810 99,763 179,573 2,116.19 84.86 451 498-702-04-00-8 NSP MECHANICAL SERV INC SCII NIA 27,384 3,013.75 9.09 71,927 85,413 157,340 2,116.19 74.35 452 452 498-703-01-00-6 BOUNVILLE TONY B SCII NIA 27,384 3,013.75 9.09 25,000 112,750 137,750 2,116.19 65.09 453 498-703-02-00-9 CAYWOOD DEBORAH K SCII NIA 27,384 3,013.75 9.09 49,428 123,216 172,644 2,116.19 81.58 454 498-703-03-00-2 HOUSING &URBAN DEV OF WASHINGTON D C SCII N/A 27,384 3,013.75 9.09 30,000 120,000 150,000 2,116.19 70.88 455 498-703-04-00-5 HERRERA RAFAEL &MARIA E SCII -N/A 27,384 3,013.75 9.09 25,000 160,490 185,490 2,116.19 87.65 456 498-703-05-00-8 WESTON ROBERT SCII N/A 27,384 3,013.75 9.09 52,108 121,152 173,260 2,116.19 81.87 457 498-703-06-00-1 FOX STACY L SCII NIA 27,384 3,013.75 9.09 25,000 112,750 137,750 2,116.19 65.09 458 498-703-07-00-4 CONRIQUE CARLOS &CARMEN M SCII N/A 27,384 3,013.75 9.09 30,000 135,000 165,000 2,116.19 77.97 459 498-703-08-00-7 AGUERO CLAUDIA C SCII NIA 27,384 3,013.75 9.09 29,928 119,715 149,643 2,116.19 70.71 460 498-704-01-00-3 CHATTERTON MARK T &LISA K SCII -NIA 27,384 3,013.75 9.09 25,000 112,750 137,750 2,116.19 65.09 461 498-704-02-00-6 AVILA ISIDRO ZAMORA &MARIA D SCII NIA 27,384 3,013.75 9.09 52,119 120,525 172,644 2,116.19 81.58 462 498-704-03-00-9 BURGOS GERARDO E &ROSA J SCII NIA 27,384 3,013.75 9.09 50,755 106,585 157,340 2,116.19 74.35 463 498-704-04-00-2 DAVID LEONIDES DON SCII NIA 27,384 3,013.75 9.09 25,000 160,490 185,490 2,116.19 87.65 464 498-705-02-00-3 DHALIWAL PRITAM K SCII N/A 27,384 3,013.75 9.09 25,000 160,490 185,490 2,116.19 87.65 465 498-705-03-00-6 OCAMPO ISAAC A SCII -N/A 27,384 3,013.75 9.09 25,000 112,750 137,750 2,116.19 65.09 466 498-705-04-00-9 GONZALEZ RAMON JR SCII NIA 27,384 3,013.75 9.09 46,115 127,145 173,260 2,116.19 81.87 467 498-705-05-00-2 BURTON LA MEKA SCII N/A 27,384 3,013.75 9.09 44,297 113,591 157,888 2,116.19 74.61 468 498-705-06-00-5 HERNANDEZ JOSE F &LUISA J FAM TR SCII NIA 27,381 3,013.75 9.09 25,000 160,490 185,490 2,116.19 87.65 469 498-705-01-00-0 CITY OF BAKERSFIELD SCII NIA 0 0.00 NIA-l 0 0 0 0.00 NIA-l 470 498-701-05-00-4 CITY OF BAKERSFIELD SCII -NIA 0 0.00 NIA-l 0 0 0 0.00 N/A-1 471 498-711-01-00-5 IQBAL MUHAMMAD &SAIRA SCII NIA 27.384 3,013.75 9.09 25,000 112,750 137,750 2,116.19 65.09 472 498-711-02-00-8 GONZALEZ OCTAVIO N &SALLY SCII N/A 27,384 3,013.75 9.09 25,000 148,631 173,631 2,116.19 82.05 473 498-711-03-00-1 HASAN ASAD SCII N/A 27,384 3,013.75 9.09 30,000 127,890 157,890 2,116.19 74.61 474 498-711-04-00-4 SHAH SYED SCII N/A 27,384 3,013.75 9.09 30,000 155,490 185,490 2,116.19 87.65 475 498-711-05-00-7 ELLIS GLORIA J SCII N/A 27,384 3,013.75 9.09 44,497 129,995 174,492 2,116.19 82.46 476 498-711-06-00-0 GUTIERREZ FLAVIANO &GONZALEZ BRENDA E SCII N/A 27,384 3,013.75 9.09 25,000 160,490 185,490 2,116.19 87.65 477 498-711-07-00-3 PADILLA AMY SCII N/A 27,384 3,013.75 9.09 25,000 112,750 137,750 2,116.19 65.09 478 498-711-08-00-6 JACOB SANJU K &JOSEPH REENU C SCII N/A 27,384 3,013.75 9.09 29,928 139,668 169,596 2,116.19 80.14 479 498-711-09-00-9 PEREZ MARVIN C SCII NIA 27,384 3,013.75 9.09 52,503 120,757 173,260 2,116.19 81.87 480 498-711-10-00-1 ZAMORA FRANCISCO J &JUANA I SCII NIA 27,384 3,013.75 9.09 72,178 85,711 157,889 2,116.19 74.61 29610F-E 8 1211312010 APPENDIX E ANNUAL REPORT NO.7 CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO. 03-1 CURRENT ASSESSMENT AND ASSESSOR'S VALUE DATA ORIGINAL VALUE/LIEN AS OF 06/2004 PARCEL CURRENT ASSESSMENT AND (NOT UPDATED TO CURRENT YEAR VALUES) ASSESSOR'S VALUE DATA FOR FISCAL YEAR ENDING 06/30/10 DIST. ASSESSOR'S AD 03-1 APPRAISED ASSESSOR'S ASSESSOR'S TOTAL VALUES REMAINING ASSESSOR'S AD 03-1 ASSESSOR'S TAX AREA LAND APPRAISED ASSESSMENT VALUE 1 LAND IMPROVEMEN (ASSESSOR'S LAND ASSESSMENT VALUE 1 ASSESSMEN NUMBER (ATN) CODE VALUE (1) VALUE (2) AMOUNT (3) LIEN (4) VALUE (5) VALUE (5) + IMPROVEMENn<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 9 481 498-711-11-00-4 SINGH HARPREET SCII NIA 27.384 3,013.75 9.09 25,000 160,490 185,490 2,116.19 87.65 482 498-711-12-00-7 DIONISIO ROSALINA V SCII NIA 27,384 3,013.75 9.09 25,000 112,750 137,750 2,116.19 65.09 483 498-711-13-00-0 FERNANDEZ LETICIA & MORENO RENE SCII NIA 27,384 3,013.75 9.09 25,000 148,631 173,631 2,116.19 82.05 484 498-711-14-00-3 MACEDO DANIEL J & DEBORAH A SCII NIA 27,384 3,013.75 9.09 30,000 127,890 157,890 2,116.19 74.61 485 498-711-15-00-6 HEREDIA GABRIEL & MALDONADO NANCI SCII NIA 27,384 3,013.75 9.09 35,000 150,490 185,490 2,116.19 87.65 486 498-711-16-00-9 MOLINA MARIE SCII NIA 27,384 3,013.75 9.09 30,000 143,631 173,631 2,116.19 82.05 487 498-711-17-00-2 BORGES DAVID SCII NIA 27,384 3,013.75 9.09 25,000 112,750 137,750 2,116.19 65.09 488 498-712-01-00-2 ELENES JOSE & BEATRIZ SCII NIA 27,384 3,013.75 9.09 25,000 148,631 173,631 2,116.19 82.05 489 498-712-02-00-5 CLEVELAND DON & SHEILA SCII NIA 27,384 3,013.75 9.09 36,478 120,862 157,340 2,116.19 74.35 490 498-712-03-00-8 GARCIA ROGELIO SCII NIA 27,384 3,013.75 9.09 25,000 160,490 185,490 2,116.19 87.65 491 498-712-04-00-1 TRAN JEANNIE L & HUYNH V SCII NIA 27,384 3,013.75 9.09 42,198 115,142 157,340 2,116.19 74.35 492 498-712-05-00-4 SINGH HARNIRMAL SCII NIA 27,384 3,013.75 9.09 44,594 128,050 172,644 2,212.59 78.03 493 498-712-06-00-7 SUNNER SANDEEP SCII NIA 27,384 3,013.75 9.09 24,940 109,739 134,679 2,116.19 63.64 494 498-712-07-00-0 WINTERS MELISSA SCII NIA 27,384 3,013.75 9.09 25,000 112,750 137,750 2,116.19 65.09 495 498-712-08-00-3 OCHOA MIGUEL A & LUZ M SCII NIA 27,381 3,013.75 9.09 25,000 160,490 185,490 2,116.19 87.65 496 498-711-18-00-5 CITY OF BAKERSFIELD SCII NIA 0 0.00 NIA-1 0 0 0 0.00 NIA-1 497 498-721-01-00-8 MATADAVIDO SCII NIA 27,384 3,013.75 9.09 41,749 145,228 186,977 2,116.19 88.36 498 498-721-02-00-1 NSP MECHANICAL SERV INC SCII NIA 27,384 3,013.75 9.09 71,927 85,413 157,340 2,116.19 74.35 499 498-721-03-00-4 WELLS FARGO BANK N A TRS SCII NIA 27,384 3,013,75 9.09 24,940 104,751 129,691 2,313.58 56.06 500 498-721-04-00-7 GOMEZ EDGAR E SR & RITA B SCII NIA 27,384 3,013.75 9.09 69,058 103,587 172,645 2,116.19 81.58 501 498-722-01-00-5 TIEUTHAI SCII NIA 27,384 3,013.75 9.09 25,000 160,490 185,490 2,116.19 87.65 502 498-722-02-00-8 MORENO LEO B & JOSIE D SCII NIA 27,384 3,013.75 9.09 25,000 129,090 154,090 2,116.19 72.81 503 498-722-03-00-1 GHITY CHRISTINA M SCII NIA 27,384 3,013.75 9.09 25,000 160,490 185,490 2,116.19 87.65 504 498-722-04-00-4 DE GUZMAN JENNIFER R SCII NIA 27,384 3,013.75 9.09 44,196 129,064 173,260 2,116.19 81.87 505 498-722-05-00-7 AYALA ROGELIO & LINDA J SCII NIA 27,384 3,013.75 9.09 25,000 160,490 185,490 2,116.19 87.65 506 498-722-06-00-0 JACKSON EDMOND & ARIKA SCII NIA 27,384 3,013.75 9.09 25,000 112,750 137,750 2,116.19 65.09 507 498-722-07-00-3 GUTIERREZ TERESO JR & GARCIA DE GUTIERRE SCII NIA 27,384 3,013.75 9.09 44,358 128,286 172,644 2,116.19 81.58 508 498-722-08-00-6 RAMIREZ MONICA SCII NIA 27,384 3,013.75 9.09 41,037 116,303 157,340 2,116.19 74.35 509 498-723-01-00-2 MORALES JESUS & MARIA E SCII NIA 27,384 3.013.75 9.09 30,000 110,000 140,000 2,116.19 66.16 510 498-723-02-00-5 EQUITY CASHFLOW SYSTEMS LLC SCII -NIA 27,384 3,013.75 9.09 30,000 113,000 143,000 2,265.38 63.12 511 498-723-03-00-8 CASSIDY PAOLA L SCII NIA 27,384 3,013.75 9.09 30,000 119,000 149,000 2,116.19 70.41 512 498-723-04-00-1 DK CONSOLIDATED LLC SCII NIA 27,384 3,013.75 9.09 43,588 129,673 173,261 2,313.58 74.89 513 498-724-01-00-9 GUERRERO CAUSTOLO & SYLVIA SCII NIA 27,384 3,013.75 9.09 30,000 140,000 170,000 2,116.19 80.33 514 498-724-02-00-2 SARKIES NADIM W & NAHED A SCII NIA 27,384 3,013.75 9.09 29,928 104,751 134,679 2,116.19 63.64 515 498-724-03-00-5 DHALIWAL NAVNEET S SCII -NIA 27,384 3,013.75 9.09 30,000 135,000 165,000 2,116.19 77.97 516 498-724-04-00-8 OCHOA JESUS SCII NIA 27,384 3,013.75 9.09 25,000 112,750 137,750 2,116.19 65.09 517 498-724-05-00-1 AMBRIZ JOSE C & DORA A SCII NIA 27,384 3,013.75 9.09 25,000 148,631 173,631 2,116.19 82.05 518 498-724-06-00-4 HE HONG PING & YU YAN YAN SCII NIA 27,384 3,013.75 9.09 25,000 112,750 137,750 2,116.19 65.09 519 498-724-07-00-7 FERNANDEZ OSCAR SCII NIA 27,384 3,013.75 9.09 25,000 160,490 185,490 2,319.19 79.98 520 498-724-08-00-0 FLORES ESMERALDA SCII NIA 27,384 3,013.75 9.09 25,000 112,750 137,750 2,116.19 65.09 521 498-724-09-00-3 LAURICIO ARIEL & DELGADO SARA SCII NIA 27,384 3,013.75 9.09 46,529 126,731 173,260 2,116.19 81.87 522 498-724-10-00-5 MONGE JAVIER & CANDICE SCII NIA 27,384 3,013.75 9.09 43,036 114,853 157,889 2,116.19 74.61 523 498-724-11-00-8 SINGH AMARJIT SCII NIA 27,381 3,013.75 9.09 25,000 160,490 185,490 2,116.19 87.65 SUMMARY OF DISTRICT AREA TOTALS BRIGHTON PLACE AREA SUBTOTAL: BP NIA 20,418,863 2,430,882.50 8.40 37,109,806 90,782,018 127,891,824 1,706,835.63 74.93 SILVER CREEK II AREA SUBTOTAL: SCII NIA 4,217,120 464,117.50 9.09 5,189,512 19,511,727 24,701,239 324,721.43 76.07 TOTALSIOVERALL FOR BOTH DISTRICT AREAS: -NIA 24,635,983 2,895,000.00 8.51 42,299,318 110,293,745 152,593,063 2,031,557.06 75.11 SUMMARY OF ASSESSMENT DISTRICT TOTALS -CASTLE & COOKE CALIFORNIA, INC OWNED TOTALSIOVERALL: -NIA 24,635,983 2,895,000.00 8.51 1,166,806 0 1,166,806 153,006.43 7.63 OWNED BY OTHERS TOTALSIOVERALL: -NIA 0 0.00 NIA-1 41,132,512 110,293,745 151,426,257 1,878,550.63 80.61 ASSESSMENT DISTRICT TOTALSIOVERALL: NIA 24,635,983 2,895,000.00 8.51 42,299,318 110,293,745 152,593,063 2,031,557.06 75.11 SEENEXTPAGEFOR NOTESANDREFERENCES 29610F-E 9 1211312010 APPENDIXE ANNUAL REPORT NO.7 CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO. 03·1 CURRENT ASSESSMENT AND ASSESSOR'S VALUE DATA 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 BETWEEN 06/02/04 AND 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 BETWEEN 06/02/04 AND 06/30/10. THEREFORE, THE "ORIGINAL VALUEILIEN DATA AS OF 06/2004" 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 PARCELS IF FURTHER SUBDIVIDED 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 AND PARCEL IN THE APPENDIX E TABLE. (1) COLUMN 1SHOULD SHOW KERN COUNTY ASSESSOR'S LAND VALUES FOR THE ASSESSOR'S ROLL FOR KERN COUNTY USED TO BILL THE 2003/2004 REGULAR PROPERTY TAXES. THE ASSESSOR'S VALUES PLANNED TO BE SHOWN IN COLUMN 1WERE NOT USED TO CALCULATE THE COLUMN 4 VALUE TO LIEN RATIO. THEY WERE PLANNED TO BE PROVIDED ONLY FOR REFERENCE AS BASELINE ASSESSOR'S LAND VALUES AT THE TIME OF THE AD 03-1 BOND SALE. HOWEVER, THE AMOUNTS FOR ASSESSMENTS 1THROUGH 523WERE NOT AVAILABLE AT THE TIME OF PREPARATION OF THE APPENDIX E TABLE FOR THE AD 03-1 OFFICIAL STATEMENT SINCE THOSE ASSESSMENTS WERE STILL PARTS OF UNSUBDIVIDED KERN COUNTY ASSESSOR'S TAX NUMBERS (ATNs) ASSIGNED TO THE PARCELS THAT WERE SUBDIVIDED BY VARIOUS SUBDIVISION TRACT MAPS RECORDED IN 2003 (TRACT NO. 6111-UNITS 1 THROUGH 3, TRACT NO. 6127-UNITS 1 AND 2, AND TRACT NO. 6128·UNITS 1 THROUGH 6 IN THE BRIGHTON PLACE AREA, AND TRACT NO. 6166 PHASES 1 THROUGH 6 IN THE SILVER CREEK II AREA). CONSEQUENTLY, AT THE TIME APPENDIX E WAS PREPARED FOR THE AD 03-1 OFFICIAL STATEMENT, THERE WERE NO ATNs OR LAND VALUES AVAILABLE FROM THE KERN COUNTY ASSESSOR FOR ASSESSMENTS 1 THROUGH 523. (2) THE AMOUNTS SHOWN IN COLUMN 2 ARE "BULK VALUE OF RECORDED LOTS" FOR ALL RESIDENTIAL LOTS IN TRACT MAPS THAT HAD BEEN RECORDED PRIOR TO THE TIME THE APPENDIX E TABLE FOR THE AD 03-1 OFFICIAL STATEMENT WAS PREPARED, ALL AS PRESENTED IN THE APPRAISAL REPORT FOR ASSESSMENT DISTRICT NO. 03-1, PREPARED BY LAUNER & ASSOCIATES, BAKERSFIELD, CALIFORNIA, DATED MARCH 24, 2004. THE VALUE OF EACH ASSESSED RESIDENTIAL LOT IS COMPUTED BY DIVIDING SAID "BULK VALUE OF RECORDED LOTS" FOR EACH TRACT WITHIN EACH DEVELOPMENT AREA IN AD 03-1 BY THE NUMBER OF ASSESSED LOTS WITHIN EACH TRACT. (3) THE AMOUNTS SHOWN ARE THE AMOUNTS REMAINING UNPAID ON AD 03-1 ASSESSMENTS AFTER ADJUSTMENTS FOR THE LOWER THAN ANTICIPATED TOTAL BOND SALE AMOUNT, AS RECALCULATED BY THE ISSUER'S FINANCE DEPARTMENT PURSUANTTO THE CITY COUNCIL RESOLUTION NO. 202-04 ADOPTED ON JUNE 23, 2004. AMOUNTS SHOWN IN COLUMN 3 OF APPENDIX E TO THE AD 03-1 OFFICIAL STATEMENT ARE THE ORIGINAL AD 03-1 ASSESSMENTS. THE 30-DAY CASH PAYMENT PERIOD HAS BEEN WAIVED. (4) RATIO OF APPRAISED RETAIL VALUES (COLUMN 2) DIVIDED BY THE AD 0:~-1 REDUCED ORIGINAL 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 AMOUNTAT THE BEGINNING OF THE 2010/2011 TAX YEAR, INCLUDING THE DELINQUENT PRINCIPAL AMOUNTS FOR THE NINE (9) PARCELS LISTED IN APPENDIX D TO THIS ANNUAL REPORT NO. 7. THEREFORE, THE TOTAL "REMAINING ASSESSMENT BALANCE" SHOWN IN COLUMN 81N THE AMOUNT OF $2,031,557.06 INCLUDES $1,557.06 IN DELINQUENT ASSESSMENT PRINCIPAL FOR THE 9 PARCELS LISTED IN APPENDIX D. (7) COLUMN 91S THE RATIO OF THE CURRENT TOTAL ASSESSOR'S VALUE (COLUMN 7) DIVIDED BY THE AD 03-1 REMAINING ASSESSMENT BALANCE. (8) COLUMN ENTITLED "DIST. AREA CODE" SHOWS ABBREVIATIONS FOR EACH DISTRICT AREA NAME FOR EACH ASSESSMENT NUMBER AS FOLLOWS: "BP" FOR THE BRIGHTON PLACE AREA, AND "SC II" FOR THE SILVER CREEK II AREA. 29610F-E 10 12/13/2010 ANNUAL REPORT NO.7 PROVIDING CONTINUING DISCLOSURE FOR THE FISCAL YEAR ENDING JUNE 30, 2010 ON $2,895,000 PRINCIPAL AMOUNT OF CITY OF BAKERSFIELD, CALIFORNIA ASSESSMENT DISTRICT NO. 03-1 (BRIGHTON PLACE/SILVER CREEK II) LIMITED OBLIGATION IMPROVEMENT BONDS APPENDIXF CURRENT DEBT SERVICE SCHEDULE FOR THE BONDS UPDATED FOR THE 2008 BOND CALL Note: Appendix F table provided by Issuer's Finance Department City of Bakersfield 03-1 -BRIGHTON PLACE/SILVER CREEK II Current Debt Service Schedule Bonds Dated: 6/2/2004 Bonds Issued: $2,895,000.00 Payment Interest Payment Annual Can Date Rate Balance Principal Interest Total Total Premo Status 09/02/2004 0.0000% $2,895,000.00 $0.00 $38,760.63 $38,760.63 $38,760.63 3.0000% Paid 03/02/2005 0.0000 $2,895,000.00 0.00 77,521.25 77,521.25 0.00 3.0000 Paid 09/0212005 2.5000 $2,895,000.00 90,000.00 77,521.25 167,521.25 245,042.50 3.0000 Paid 03/02/2006 2.5000 $2,805,000.00 0.00 76,396.25 76,396.25 0.00 3.0000 Paid 09/0212006 3.2500 $2,805,000.00 90,000.00 76,396.25 166,396.25 242,792.50 3.0000 Paid 03/02/2007 3.2500 $2,715,000.00 0.00 74,933.75 74,933.75 0.00 3.0000 Paid 09/02/2007 3.7500 $2,715,000.00 95,000.00 74,933.75 169,933.75 244,867.50 3.0000 Paid 03/02/2008 3.7500 $2,620,000.00 0.00 73,152.50 73,152.50 0.00 3.0000 Paid 09/02/2008 4.2000 $2,620,000.00 100,000.00 73,152.50 173,152.50 0.00 3.0000 Paid 09/02/2008 Bond Call $2,520,000.00 300,000.00 0.00 300,000.00 546,305.00 0.0000 Paid 03/02/2009 4.2000 $2,220,000.00 0.00 62,588.75 62,588.75 0.00 3.0000 Paid 09/02/2009 4.5000 $2,220,000.00 95,000.00 62,588.75 157,588.75 220,177.50 3.0000 Paid 03/02/2010 4.5000 $2,125,000.00 0.00 60,451.25 60,451.25 0.00 3.0000 Paid 09/02/2010 4.8000 $2,125,000.00 95,000.00 60,451.25 155,451.25 215,902.50 3.0000 Paid 03/02/2011 4.8000 $2,030,000.00 0.00 58,171.25 58,171.25 0.00 3.0000 Unpaid 09/02/2011 5.0000 $2,030,000.00 100,000.00 58,171.25 158,171.25 216,342.50 3.0000 Unpaid 03/02/2012 5.0000 $1,930,000.00 0.00 55,671.25 55,671.25 0.00 3.0000 Unpaid 09/02/2012 5.1250 $1,930,000.00 105,000.00 55,671.25 160,671.25 216,342.50 3.0000 Unpaid 03/0212013 5.1250 $1,825,000.00 0.00 52,980.63 52,980.63 0.00 3.0000 Unpaid 09/02/2013 5.2500 $1,825,000.00 110,000.00 52,980.63 162,980.63 215,961.26 3.0000 Unpaid 03/02/2014 5.2500 $1,715,000.00 0.00 50,093.13 50,093.13 0.00 3.0000 Unpaid 09/02/2014 5.3750 $1,715,000.00 115,000.00 50,093.13 165,093.13 215,186.26 3.0000 Unpaid 03/02/2015 5.3750 $1,600,000.00 0.00 47,002.50 47,002.50 0.00 2.0000 Unpaid 09/02/2015 5.5000 $1,600,000.00 125,000.00 47,002.50 172,002.50 219,005.00 2.0000 Unpaid 03/02/2016 5.5000 $1,475,000.00 0.00 43,565.00 43,565.00 0.00 1.0000 Unpaid 09/02/2016 5.6000 $1,475,000.00 130,000.00 43,565.00 173,565.00 217,130.00 1.0000 Unpaid 03/02/2017 5.6000 $1,345,000.00 0.00 39,925.00 39,925.00 0.00 0.0000 Unpaid 09/02/2017 5.7000 $1,345,000.00 135,000.00 39,925.00 174,925.00 214,850.00 0.0000 Unpaid 03/02/2018 5.7000 $1,210,000.00 0.00 36,077.50 36,077.50 0.00 0.0000 Unpaid 09/02/2018 5.8000 $1,210,000.00 145,000.00 36,077.50 181,077.50 217,155.00 0.0000 Unpaid 03/0212019 5.8000 $1,065,000.00 0.00 31,872.50 31,872.50 0.00 0.0000 Unpaid 09/0212019 5.9000 $1,065,000.00 155,000.00 31,872.50 186,872.50 218,745.00 0.0000 Unpaid 03/02/2020 5.9000 $910,000.00 0.00 27,300.00 27,300.00 0.00 0.0000 Unpaid 09/02/2020 6.0000 $910,000.00 165,000.00 27,300.00 192,300.00 219,600.00 0.0000 Unpaid 03/02/2021 6.0000 $745,000.00 0.00 22,350.00 22,350.00 0.00 0.0000 Unpaid 09/02/2021 6.0000 $745,000.00 170,000.00 22,350.00 192,350.00 214,700.00 0.0000 Unpaid 03/02/2022 6.0000 $575,000.00 0.00 17,250.00 17,250.00 0.00 0.0000 Unpaid 09/02/2022 6.0000 $575,000.00 180,000.00 17,250.00 197,250.00 214,500.00 0.0000 Unpaid 03/02/2023 6.0000 $395,000.00 0.00 11,850.00 11,850.00 0.00 0.0000 Unpaid 09/02/2023 6.0000 $395,000.00 195,000.00 11,850.00 206,850.00 218,700.00 0.0000 Unpaid 03/02/2024 6.0000 $200,000.00 0.00 6,000.00 6,000.00 0.00 0.0000 Unpaid 09/02/2024 6.0000 $200,000.00 200,000.00 6,000.00 206,000.00 212,000.00 0.0000 Unpaid Grand Total: $2,895,000.00 $1,889,065,65 $4,784,065.65 $4,784,065.65 Page 1 of 1 Copyright © 1999-2007 NBS 9/15/2010 9:30:53 AM ANNUAL REPORT NO.7 PROVIDING CONTINUING DISCLOSURE FOR THE FISCAL YEAR ENDING JUNE 30, 2010 ON $2,895,000 PRINCIPAL AMOUNT OF CITY OF BAKERSFIELD, CALIFORNIA ASSESSMENT DISTRICT NO. 03-1 (BRIGHTON PLACE/SILVER CREEK II) LIMITED OBLIGATION IMPROVEMENT BONDS APPENDIXG LIST OF BONDS CALLED IN ADVANCE OF MATURITY ON SEPTEMBER 2,2008, BY YEAR OF BOND MATURITY AND PRINCIPAL AMOUNT CALLED IN EACH MATURITY ($300,000.00 TOTAL PRINCIPAL AMOUNT OF BONDS CALLED) Note: Appendix G table provided by Issuer's Finance Department City of Bakersfield BRIGHTON PLACE/SILVER CREEK II Bond Call Maturities Detail Bonds Dated: 6/2/2004 Bond Issue Amount: $2,895,000.00 Call Date Maturity Date Amount 09/02/2008 09/02/2009 $10,000.00 09/02/2010 15,000.00 09/02/2011 15,000.00 09/02/2012 15,000.00 09/02/2013 15,000.00 09/02/2014 15,000.00 09/02/2015 15,000.00 09/02/2016 15,000.00 09/02/2017 20,000.00 09/02/2018 20,000.00 09/02/2019 20,000.00 09/02/2020 20,000.00 09/02/2021 25,000.00 09/02/2022 25,000.00 09/02/2023 25,000.00 09/02/2024 30,000.00 Subtotal: $300,000.00 Total: $300,000.00 Page 1 of 1 Copyright © 1999-2003 NBS 8/22/2008 1:41:05 PM CONTINUING DISCLOSURE (Submission Status: Published) FINANCIAL/OPERATING FILING (CUSIP-9 Based) Rule 15c2-12 Disclosure Submission ID:ER394548 01/03/2011 13:09:18 Annual Financial Information and Operating Data: Annual Report No. 7 for AD No. 03-1 Bonds, for the period from 07/01/2009 to 06/30/2010 DOCUMENTS Financial Operating Filing Annual Report No. 7 for AD 03-1 Bonds.pdf posted 01/03/2011 The following Issuers are associated with this Continuing Disclosure submission: The following 16 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 057510WY1 09/02/2005 057510WZ8 09/02/2006 057510XA2 09/02/2007 057510XB0 09/02/2008 057510XC8 09/02/2009 057510XD6 09/02/2010 057510XE4 09/02/2011 057510XF1 09/02/2012 057510XG9 09/02/2013 057510XH7 09/02/2014 057510XJ3 09/02/2015 Submission Preview Print Page 1 of 2 http://dataport.emma.msrb .org/Submission/SubmissionPreviewPrint.aspx?submissionId=ER... 1/3/3/2011 057510XK0 09/02/2016 057510XL8 09/02/2017 057510XM6 09/02/2018 057510XN4 09/02/2019 057510XP9 09/02/2024 Submitter's Contact Information Company: Goodwin Procter LLP Name: GEOFFREY GEDDES Address: 601 S. FIGUEROA ST. City, State Zip: LOS ANGELES, CA 90017 Phone Number: 2134262555 Email: ggeddes@goodwinprocter.com © 2009 Municipal Securities Rulemaking Board (MSRB) Submission Preview Print Page 2 of 2 http://dataport.emma.msrb.org/Submission/SubmissionPreviewPrint.aspx?submissionId=ER... 1/3/2011