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Supplemental Indenture
160608-LA-RA
SUPPLEMENTAL INDENTURE SERIES NO. 160608-LA-RA
BY AND BETWEEN THE
COUNTY OF LOS ANGELES
AND
DEUTSCHE BANK NATIONAL TRUST COMPANY,
as Trustee
DATED AS OF THE CLOSING DATE
RELATING TO
LOS ANGELES COUNTY ENERGY PROGRAM
LA HERO PROGRAM
CONTRACTUAL ASSESSMENT LIMITED OBLIGATION IMPROVEMENT BONDS
FOURTH RESIDENTIAL PROPERTY TRANCHE
Series No. 160608-LA-RA
2016-1924, 2016-1925, 2016-1926, 2016-1927
TABLE OF CONTENTS
Page
Supplemental Indenture i
160608-LA-RA
ARTICLE 1
DEFINITIONS; AUTHORIZATION AND PURPOSE OF SERIES NO. 160608-LA-
RA BONDS; EQUAL SECURITY; .................................................................. 1
Section 1.01 Definitions........................................................................................................ 1
Section 1.02 Interpretation .................................................................................................... 2
Section 1.03 Authorization ................................................................................................... 2
Section 1.04 Security ............................................................................................................ 2
ARTICLE 2
TERMS OF SERIES NO. 160608-LA-RA BONDS ..................................................................... 2
Section 2.01 Terms of Series No. 160608-LA-RA Bonds .................................................... 2
Section 2.02 Redemption of Series No. 160608-LA-RA Bonds .......................................... 3
Section 2.03 Forms of Series No. 160608-LA-RA Bonds.................................................... 3
Section 2.04 Validity of Series No. 160608-LA-RA Bonds ................................................. 3
ARTICLE 3
ISSUANCE OF SERIES NO. 160608-LA-RA BONDS; USE OF PROCEEDS ......................... 3
Section 3.01 Issuance of Series No. 160608-LA-RA Bonds ................................................ 3
Section 3.02 Application of Proceeds of Sale of the Series No. 160608-LA-RA
Bonds ............................................................................................................... 4
ARTICLE 4
ADDITIONAL PROVISIONS ...................................................................................................... 4
Section 4.01 Applicable Law ................................................................................................ 4
Section 4.02 Conflict with Contractual Assessment Law or the Bond Act .......................... 4
Section 4.03 Conclusive Evidence of Regularity ................................................................. 4
Section 4.04 Confirmation of Master Indenture; Conflict With Master Indenture ............... 4
Section 4.05 Counterparts ..................................................................................................... 4
EXHIBIT A APPLICATION OF PROCEEDS AND TERMS OF ISSUANCE OF
THE SERIES NO. 160608-LA-RA BONDS ................................................ A-1
EXHIBIT B FORM OF SERIES NO. 160608-LA-RA BONDS ...................................... B-1
EXHIBIT C ASSESSMENTS SECURING THE SERIES NO. 160608-LA-RA
BONDS ......................................................................................................... C-1
EXHIBIT D FORM OF PROGRAM FUND REQUISITION........................................... D-1
EXHIBIT E FORM OF COST OF ISSUANCE FUND ..................................................... E-1
EXHIBIT F FORM OF ADMINISTRATIVE EXPENSE FUND REQUISITION........... F-1
Supplemental Indenture 1
160608-LA-RA
Supplemental Indenture Series No. 160608-LA-RA
This Supplemental Indenture Series No. 160608-LA-RA, dated as of
Closing Date (the “Supplemental Indenture”), between the COUNTY OF LOS ANGELES,
a political subdivision of the State of California (the “County”), and DEUTSCHE BANK
NATIONAL TRUST COMPANY, a national baking association duly organized and
existing under the laws of the United States of America (the “Trustee”), acting solely as
trustee and not in its individual capacity;
B A C K G R O U N D:
WHEREAS, the County and the Trustee have executed and delivered a
Master Indenture, dated as of May 1, 2016 (the “Master Indenture”), to provide for the terms
and conditions of the issuance by the County of one or more Series of Bonds (as defined in
the Master Indenture) from time to time;
WHEREAS, in order to provide for the authentication and delivery of the
Series No. 160608-LA-RA Bonds (defined below), to establish and declare the terms and
conditions upon which the Series No. 160608-LA-RA Bonds are to be issued, to secure the
Series No. 160608-LA-RA Bonds by a first priority perfected lien and charge upon the
Assessments, the Collateral and the other respective funds and accounts established under
the Master Indenture, the Board of Supervisors of the County has authorized the execution
and delivery of this Supplemental Indenture; and
WHEREAS, all acts and proceedings required by law and the Master
Indenture necessary to make the Series No. 160608-LA-RA Bonds, when executed by the
County, authenticated and delivered by the Trustee and duly issued, the valid, binding and
legal special obligations of the County, and to constitute this Supplemental Indenture Series
No. 160608-LA-RA a valid and binding agreement for the uses and purposes herein set forth,
in accordance with its terms, have been done and taken; and the execution and delivery of
this Supplemental Indenture have been in all respects duly authorized;
NOW, THEREFORE, in consideration of the premises and the mutual
covenants contained herein, the parties hereto hereby agree as follows:
ARTICLE 1
DEFINITIONS;
AUTHORIZATION AND PURPOSE OF SERIES NO. 160608-LA-RA BONDS;
EQUAL SECURITY
Section 1.01 Definitions. Unless the context clearly otherwise requires or unless
otherwise defined in the Master Indenture, the capitalized terms in this Supplemental Indenture
will have the respective meanings specified herein.
“Bond Payment Dates” means March 2 and September 2 of each year (or, if such
date is not a Business Day, the next succeeding Business Day), commencing on the date set forth
in each respective Series No. 160608-LA-RA Bond Form set forth in Exhibit B hereto.
Supplemental Indenture 2
160608-LA-RA
“Closing Date” means the date of initial issuance and delivery of each Series No.
160608-LA-RA Bonds hereunder.
“Designated Transferee” means, with respect to the Series No. 160608-LA-RA
Bonds, RA HERO Bond Holdings, LLC.
“Initial Purchaser” means Renovate America, Inc., or the assignee thereof.
“Series No. 160608-LA-RA Bonds” means the Bonds designated as set forth in
Section 2.01(a) hereof.
“Series No. 160608-LA-RA Bond Form” means the form of each respective
Series No. 160608-LA-RA Bond set forth in Exhibit B.
“Series No. 160608-LA-RA Bond Assessments” means the Assessments levied
on the Series No. 160608-LA-RA Bond Parcels.
“Series No. 160608-LA-RA Bonds Parcels” means the Parcels identified in
Exhibit C attached hereto.
“Series No. 160608-LA-RA Bonds Reserve Fund Deposit” shall mean the
amount of the Reserve Fund Deposit, if any, for the Series No. 160608-LA-RA Bonds set forth
in Exhibit A hereto.
Section 1.02 Interpretation. Section 1.03 of the Master Indenture shall govern
interpretation of this Supplemental Indenture.
Section 1.03 Authorization. Each of the parties represents and warrants that it has full
legal authority and is duly empowered to enter into this Supplemental Indenture and has taken all
actions necessary to authorize the execution of this Supplemental Indenture by the officers and
persons signing it.
Section 1.04 Security. As a Bond issued pursuant to Section 2.02 of the Master
Indenture, each Series No. 160608-LA-RA Bond will be secured by a first priority perfected lien
and charge upon the applicable Series No. 160608-LA-RA Bond Assessments identified in
Exhibit C hereto levied on the corresponding Parcel or Parcels identified in Exhibit C pursuant to
the applicable Assessment Contracts, Contractual Assessment Law the Bond Act and the other
Collateral established under the Indenture, Contractual Assessment Law and the Bond Act
securing such Series 160608-LA-RA Bonds.
ARTICLE 2
TERMS OF SERIES NO. 160608-LA-RA BONDS
Section 2.01 Terms of Series No. 160608-LA-RA Bonds.
(a) There is hereby created a Series of Bonds to be issued by the County
under and subject to Contractual Assessment Law, the Bond Act and the terms of the Master
Supplemental Indenture 3
160608-LA-RA
Indenture, as supplemented and amended, and this Supplemental Indenture, which will be
designated the “Los Angeles County Energy Program LA HERO Contractual Assessment
Limited Obligation Improvement Bonds, Fourth Residential Property Tranche, Series No.
160608-LA-RA.” The Series 160608-LA-RA Bonds will be issued in the aggregate original
principal amount of $4,695,369.69, with each Bond issued as part of the Series 160608-LA-RA
Bonds having the original principal amount, as set forth in Exhibit A hereto.
(b) Each Series No. 160608-LA-RA Bond will be numbered as set forth in
Exhibit A hereto, dated the Closing Date, issued in fully registered form without coupons, and
will mature on the date and will bear interest at the rates per annum (payable on each Bond
Payment Date) set forth in the applicable Series No. 160608-LA-RA Bond Form in Exhibit B
hereto.
(c) This Series No. 160608-LA-RA Bond bears interest from the Bond
Payment Date next preceding its date of authentication and registration unless it is authenticated
and registered (i) prior to an Bond Payment Date and after the close of business of the 15th day
of the calendar month preceding such Bond Payment Date, in which event it will bear interest
from such Bond Payment Date, or (ii) prior to the close of business on the 15th day of the
calendar month preceding the first Bond Payment Date above, in which event it will bear interest
from its date of delivery, until payment of such principal sum has been discharged.
Except as otherwise set forth in this Section 2.01, Article II of the Master
Indenture will govern the Series No. 160608-LA-RA Bonds.
Section 2.02 Redemption of Series No. 160608-LA-RA Bonds. Each Series No.
160608-LA-RA Bonds shall be subject to redemption as set forth in the applicable Series No.
160608-LA-RA Bond Form in Exhibit B hereto.
Section 2.03 Forms of Series No. 160608-LA-RA Bonds. Each Series No.
160608-LA-RA Bond, the Trustee’s certificate of authentication, and the assignment to
appear thereon will be substantially as set forth in the applicable Series No. 160608-LA-RA
Bond Form attached as Exhibit B hereto, with necessary or appropriate variations, omissions
and insertions, as permitted or required by this Supplemental Indenture, the Resolutions of
Issuance, Contractual Assessment Law and the Bond Act.
Section 2.04 Validity of Series No. 160608-LA-RA Bonds. The validity of the
authorization and issuance of the Series No. 160608-LA-RA Bonds will not be dependent
upon the installation of the Improvements or upon the performance by any person of such
person’s obligation with respect to the Improvements.
ARTICLE 3
ISSUANCE OF SERIES NO. 160608-LA-RA BONDS; USE OF PROCEEDS
Section 3.01 Issuance of Series No. 160608-LA-RA Bonds. Upon the execution
and delivery of this Supplemental Indenture No. 160608-LA-RA, and satisfaction of the
requirements for issuance of Bonds pursuant to Section 2.02 of the Master Indenture, the
Supplemental Indenture 4
160608-LA-RA
County will execute and deliver each Series No. 160608-LA-RA Bond in the principal
amount, set forth in Exhibit A hereto.
Section 3.02 Application of Proceeds of Sale of the Series No. 160608-LA-RA
Bonds. Upon the receipt of payment for the Series No. 160608-LA-RA Bonds on the
Closing Date, the Trustee will apply the proceeds of sale of the Series No. 160608-LA-RA
Bonds as set forth in Exhibit A hereto. Such proceeds deposited to each of the Program
Funds, Administrative Expense Fun and the Cost of Issuance Fund will be disbursed
pursuant to requisitions therefor in accordance with Sections 4.02, 4.03 and 4.05 of the
Master Indenture, respectively.
ARTICLE 4
ADDITIONAL PROVISIONS
Section 4.01 Applicable Law. This Supplemental Indenture will be governed by and
enforced in accordance with the laws of the State of California applicable to contracts made and
performed in the State of California.
Section 4.02 Conflict with Contractual Assessment Law or the Bond Act. In the
event of a conflict between any provision of this Supplemental Indenture with any provision of
Contractual Assessment Law or the Bond Act as in effect on the Closing Date, the provision of
Contractual Assessment Law or the Bond Act will prevail over the conflicting provision of this
Supplemental Indenture except as waived by the Owner of the applicable Series No. 160608-LA-
RA Bond.
Section 4.03 Conclusive Evidence of Regularity. The Series No. 160608-LA-RA
Bond issued pursuant to this Supplemental Indenture will constitute conclusive evidence of the
regularity of all proceedings under Contractual Assessment Law and the Bond Act relative to its
issuance and the levy of the Assessments against Parcels.
Section 4.04 Confirmation of Master Indenture; Conflict With Master
Indenture. All representations, covenants, warranties and other provisions of the Master
Indenture, as previously amended and supplemented, unless specifically amended, modified or
supplemented by this Supplemental Indenture, are hereby confirmed as applicable to this
Supplemental Indenture. In the event of any conflict between the provisions of this
Supplemental Indenture and the Master Indenture, as previously amended and supplemented, the
provisions of this Supplemental Indenture will govern.
Section 4.05 Counterparts. This Supplemental Indenture may be executed in
counterparts, each of which will be deemed an original.
[The remainder of this page has been intentionally left blank.]
IN WITNESS WHEREOF, the County and the Trustee have caused this Supplemental Indenture to be executed, all as of the date first written above.
By: --------------Authorized Representative
DEUTSCHE BANK NATIONAL TRUST COMPANY, as Trustee and not in its individual capacity
By:
By:
Supplemental Indenture 160608-LA-RA
------------------Title
------------------Title
5
IN WITNESS WHEREOF, the County and the Trustee have caused this Supplemental Indenture to be executed, all as of the date first written above.
COUNTY OF LOS ANGELES
By: -------------Authorized Representative
DEUTSCHE BANK NATIONAL TRUST COMPANY, as Trustee and not in its individual capacity
By: Title Marion Hogan
Assistant Vice President
By: tvmeL ~ Title
Karlene a~t~ Assistant Vice President
'->upplcmcntal I nd-:ntu,-..: 5 I (,il60S-J ... \-R .,\
Supplemental Indenture A-1
160608-LA-RA
EXHIBIT A
APPLICATION OF PROCEEDS AND TERMS OF ISSUANCE OF THE SERIES NO.
160608-LA-RA BONDS
Application of Proceeds of the Series No. 160608-LA-RA Bonds:
The Trustee shall apply the proceeds of the Series No. 160608-LA-RA Bonds and any
funds of the County available therefor as follows:
Fund R-05A R-10A R-15A R-20A Total
CAPI Redemption1 $7,857.85 $14,854.07 $13,304.32 $52,001.20 $88,017.44
Program 461,738.35 765,299.64 646,718.78 2,471,866.56 $4,345,623.33
Reserve 498.91 827.83 699.61 2,669.01 $4,695.36
Administrative Expense2 850.00 1,225.00 900.00 2,300.00 $5,275.00
Administrative Reserve3 340.00 490.00 360.00 920.00 $2,110.00
Cost of Issuance 27,626.78 45,135.99 37,631.10 139,254.69 $249,648.56
Total $498,911.89 $827,832.53 $699,613.81 $2,669,011.46 $4,695,369.69
1 Capitalized Interest Account of the Redemption Fund. 2 Administrative Expense Payment Account of the Administrative Expense Fund. 3 Administrative Reserve Account of the Administrative Expense Fund.
2016-1924 2016-1925 2016-1926 2016-1927
Supplemental Indenture A-2
160608-LA-RA
Issuance of Series 160608-LA-RA Bonds:
The Series 160608-LA-RA Bonds shall bear the following identification numbers and be
issued to the registered owners and in the aggregate principal amounts set forth below:
Bond Number Registered Owner Principal Amount
R-05A RA HERO Bond Holdings, LLC $498,911.89
R-10A RA HERO Bond Holdings, LLC 827,832.53
R-15A RA HERO Bond Holdings, LLC 699,613.81
R-20A RA HERO Bond Holdings, LLC 2,669,011.46
[The remainder of this page has been intentionally left blank.]
Review and Acceptance:
The Application of Proceeds of the Series No. 160608-LA-RA Bonds and the identification of Bonds that will comprise the Series 160608-LA-RA Bonds, the registered owners thereof and the principal amount of such Bonds set forth above and the interest rate, Closing Date, Bond Payment Dates, debt service schedule and the redemption provisions applicable to each Series No. 160608-LA-RA Bond, as set forth in the applicable Series No. 160608-LA-RA Bond Form set forth in Exhibit B hereto, have been reviewed and accepted by the following representatives of the County, Renovate America, Inc., as the Initial Purchaser of the Series No. 160608-LA-RA Bonds and RA HERO Bond Holdings, LLC, as the Designated Transferee of the Series No. 160608-LA-RA Bonds.
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Reviewed and accepted by the County: COUNTY OF LOS ANGELES
By: ---------------Authorized Representative
Reviewed and accepted by the Initial Purchaser: Renovate America, Inc.
By: _______________ _ Authorized Representative
Reviewed and accepted by the Designated Transferee: RA HERO Bond Holdings, LLC
By: ----------------Authorized Representative
Supplemental Indenture 160608-LA-RA
A-3
Review and Acceptance:
The Application of Proceeds of the Series No. 160608-LA-RA Bonds and the identification of Bonds that will comprise the Series 160608-LA-RA Bonds, the registered owners thereof and the principal amount of such Bonds set forth above and the interest rate, Closing Date, Bond Payment Dates, debt service schedule and the redemption provisions applicable to each Series No. 160608-LA-RA Bond, as set forth in the applicable Series No. 160608-LA-RA Bond Form set forth in Exhibit B hereto, have been reviewed and accepted by the following representatives of the County, Renovate America, Inc., as the Initial Purchaser of the Series No. 160608-LA-RA Bonds and RA HERO Bond Holdings, LLC, as the Designated Transferee of the Series No. 160608-LA-RA Bonds.
Reviewed and accepted by the County: COUNTY OF LOS ANGELES
By: ---------------Authorized Representative
Reviewed and accepted by the Initial Purchaser: Renovate America, Inc.
By: _QQ-e __ Cd __ Authorized Representative
m . .
Reviewed and accepted by the Designated Transferee: RA HERO Bond Holdings, LLC
Supplemental Indent tire 160608-LA-RA
A-3
Improvement Bond B-3160608-LA-RA-R-05A
EXHIBIT B
ATTACHMENT 1
FORM OF BOND NUMBER R-05A
THE BOND OWNER OF THIS BOND IS INTENDED TO BE ONLY A “QUALIFIED
INSTITUTIONAL BUYER” OR AN “ACCREDITED INVESTOR” (AS DEFINED IN THE
HEREIN REFERENCED INDENTURE) THAT HAS EXECUTED AND DELIVERED TO THE
COUNTY AN INVESTOR LETTER (AS DEFINED IN THE HEREIN REFERENCED
INDENTURE). ANY TRANSFER OF THE REGISTERED OWNERSHIP OF THIS BOND MAY
ONLY BE TO A QUALIFIED INSTITUTIONAL BUYER OR AN ACCREDITED INVESTOR
THAT HAS EXECUTED AND DELIVERED TO THE COUNTY AN INVESTOR LETTER AS
REQUIRED BY THE INDENTURE AND ANY SUCH TRANSFEREE, BY THE ACCEPTANCE
OF THIS BOND, REPRESENTS THAT IT IS A QUALIFIED INSTITUTIONAL BUYER OR AN
ACCREDITED INVESTOR AND HAS EXECUTED THE INVESTOR LETTER REQUIRED BY
THE INDENTURE.
Number R-05A
Cert. 1
***$498,911.89***
Los Angeles County Energy Program
LA HERO
Contractual Assessment Limited Obligation Improvement Bonds
Fourth Residential Property Tranche
Series No. 160608-LA-RA
INTEREST RATE MATURITY DATE CLOSING DATE
6.750% September 2, 2021 June 8, 2016
REGISTERED OWNER: RA HERO Bond Holdings, LLC
PRINCIPAL AMOUNT: Four hundred ninety-eight thousand nine hundred eleven and
89/100 Dollars
Under and by virtue of Chapter 29 of Part 3 of Division 7 of the Streets and
Highways Code of the State of California (the “Contractual Assessment Law”) and the
Improvement Bond Act of 1915, Division 10 (commencing with Section 8500) of the
Streets and Highways Code (the “Bond Act”), the County of Los Angeles (the “County”),
will, out of the Redemption Fund established pursuant to a Master Indenture, dated as of
May 1, 2016, by and between the County and Deutsche Bank National Trust Company,
acting as trustee (the “Trustee”) and not in its individual capacity, as supplemented and
amended, including as supplemented by a Supplemental Indenture Series No. 160608-LA-
RA (as amended and supplemented, the “Indenture”), pay to the registered owner named
above or registered assigns, the principal installments specified below, in lawful money of
Improvement Bond B-4160608-LA-RA-R-05A
the United States of America and in like manner will pay interest at the rate per annum
stated above in the installments specified below, on each March 2 and September 2 (or the
next succeeding Business Day, if such dates are not a Business Day) (each “Bond Payment
Date”) in each year commencing on September 2, 2016:
Bond Payment
Date
Principal Installment Interest Installment Total
09/02/2016 $0.00 $7,779.11 $7,779.11
03/02/2017 0.00 16,838.14 16,838.14
09/02/2017 87,190.04 16,838.39 104,028.43
03/02/2018 0.00 13,895.52 13,895.52
09/02/2018 93,075.33 13,895.72 106,971.05
03/02/2019 0.00 10,754.24 10,754.24
09/02/2019 99,357.95 10,754.38 110,112.33
03/02/2020 0.00 7,400.88 7,400.88
09/02/2020 106,064.59 7,401.10 113,465.69
03/02/2021 0.00 3,821.19 3,821.19
09/02/2021 113,223.98 3,821.41 117,045.39
Capitalized terms not otherwise defined herein shall have the meanings given
such terms in the Indenture.
This Series No. 160608-LA-RA Bond bears interest from the Bond Payment
Date next preceding its date of authentication and registration unless it is authenticated and
registered (i) prior to an Bond Payment Date and after the close of business of the 15th day
of the calendar month preceding such Bond Payment Date, in which event it will bear
interest from such Bond Payment Date, or (ii) prior to the close of business on the 15th day
of the calendar month preceding the first Bond Payment Date above, in which event it will
bear interest from its date of delivery, until payment of such principal sum has been
discharged.
Interest (excluding the final interest payment due upon maturity or earlier
redemption) on and principal (excluding the final principal payment upon maturity or earlier
redemption) of the Series No. 160608-LA-RA Bond are payable in lawful money of the
United States of America by the Trustee to the person whose name appears on the Bond
Register as the Owner thereof as of the close of business on the Record Date preceding the
Bond Payment Date by wire transfer of immediately available funds made on such Bond
Payment Date upon the written instructions by such Owner delivered to the Trustee at least
five (5) Business Days prior to the applicable Record Date.
Payment of principal of and accrued interest and premium, if any, on this
Series No. 160608-LA-RA Bond upon final maturity or redemption in whole shall be
payable in lawful money of the United States of America by the Trustee of immediately
available funds, to the person whose name appears on the Bond Register as the Owner
thereof, upon surrender of this Series No. 160608-LA-RA Bond at the Corporate Trust
Office of the Trustee.
~ -
Improvement Bond B-5160608-LA-RA-R-05A
Payment of principal of and accrued interest and premium, if any, on this
Series No. 160608-LA-RA Bond upon redemption in part shall be payable in lawful money
of the United States of America by the Trustee to the person whose name appears on the
Bond Register as the Owner thereof as of the close of business on the Record Date
preceding the applicable Designated Redemption Date, without surrender of this Series No.
160608-LA-RA Bond at the Corporate Trust Office of the Trustee, by wire transfer of
immediately available funds made on such Designated Redemption Date upon the written
instructions by such Owner delivered to the Trustee at least five (5) Business Days prior to
the applicable Record Date.
This Series No. 160608-LA-RA Bond will continue to bear interest after maturity
at the rate above stated if this Series No. 160608-LA-RA Bond is presented at maturity and
payment hereof is refused for any reason. If this Series No. 160608-LA-RA Bond is not
presented at maturity, interest hereon will run only until maturity.
This Series No. 160608-LA-RA Bond is issued by the County of Los Angeles
under the Contractual Assessment Law, the B Act and the Indenture for the purpose of funding
disbursements under certain assessment contracts in connection with the Los Angeles County
Energy Program established by the Board of Supervisors of the County pursuant to the
Contractual Assessment Law and is secured by a perfect first priority security interest in the
Assessment recorded against the parcels identified in Exhibit C to the Series No. 160608-LA-RA
Supplemental Indenture with respect to this Series No. 160608-LA-RA Bond and the Collateral,
as described in the Indenture. Amounts payable with respect to this Series No. 160608-LA-RA
Bond, including principal and interest, shall be paid from the funds and accounts, and in the
manner set forth in the Indenture. The obligation of the County to make payments of principal
and interest on this Series No. 160608-LA-RA Bond is a limited obligation secured only as a set
forth in the Indenture.
This Series No. 160608-LA-RA Bond is secured by the Collateral. This Series
No. 160608-LA-RA and interest thereon are not secured by any other funds of the County.
Neither the credit nor the taxing power of the County is pledged for the payment of this Series
No. 160608-LA-RA Bond or the interest thereon, and no Bond Owner of this Series No. 160608-
LA-RA Bond may compel the exercise of any taxing power by the County or force the forfeiture
of any of its properties. The principal of, and premium (if any) and interest on this Series No.
160608-LA-RA Bond are not a debt of the County nor a legal or equitable pledge, charge, lien
or encumbrance upon any of the properties of the County, or upon any of their income, receipts
or Collateral, other than the Collateral and the funds described in the Indenture.
This Series No. 160608-LA-RA Bond is transferable by the Bond Owner hereof
by the person in whose name it is registered, in person or by such person’s duly authorized
attorney, upon the terms and conditions set forth in the Indenture, including the requirement that
such Bonds shall be transferred in whole to a single purchaser that is a Qualified Institutional
Buyer or an Accredited Investor and such transferee delivers to the Trustee and the County an
executed Investor Letter.
~ -
Improvement Bond B-6160608-LA-RA-R-05A
Neither the County nor the Trustee will be required to make such exchange or
registration of transfer of the Series No. 160608-LA-RA Bond in the period beginning on or after
a Record Date and ending before the next ensuing Bond Payment Date.
The County and the Trustee may treat the Bond Owner hereof as the absolute
owner for all purposes, and the County and the Trustee will not be affected by any notice to the
contrary.
Mandatory Prepayment Redemption. The Series No. 160608-LA-RA Bond will
be redeemed and paid in advance of maturity, in whole or in part in the minimum amount of
$2,500.00, from amounts received by the County as Prepayments, on any Designated
Redemption Date established pursuant to the applicable terms of the Master Indenture, by paying
the principal amount thereof, plus interest to the date of redemption, without premium, unless
sooner surrendered, in which event said interest will be paid to the date of payment, all in the
manner and as provided in the Contractual Assessment Law or the Bond Act.
Extraordinary Mandatory Redemption. This Series No. 160608-LA-RA Bond
will be subject to extraordinary mandatory redemption in advance of maturity, in whole or in
part, from Excess Program Fund Proceeds, on any Designated Redemption Date established
pursuant to the applicable terms of the Master Indenture following the deposit of such Excess
Program Fund Proceeds in the Extraordinary Mandatory Redemption Account (Excess Program
Fund Proceeds). The redemption price for such Bond, or such portion thereof that is to be
redeemed, shall be established pursuant to the provisions of the Master Indenture.
This Series No. 160608-LA-RA Bond will be subject to extraordinary mandatory
redemption in advance of maturity, in whole or in part, on any Designated Redemption Date
established pursuant to the applicable terms of the Master Indenture from funds representing the
payment of the ASI Purchase Price for the purchase of an Assessment Security Interest in an
Assessment securing such Bond following the deposit of such funds in the Extraordinary
Mandatory Redemption Account (ASI Purchase Price). The redemption price of such Bond, or
such portion thereof that is to be redeemed, shall be established pursuant to the terms of the
Master Indenture.
This Series No. 160608-LA-RA Bond shall not be entitled to any benefit under
the Contractual Assessment Law, the Bond Act or the Indenture, or become valid or obligatory
for any purpose, until the certificate of authentication and registration hereon endorsed shall have
been dated and signed by the Trustee.
[The remainder of this page has been intentionally left blank.]
Improvement Bond B-7160608-LA-RA-R-05A
THE COUNTY HAS CERTIFIED, RECITED AND DECLARED that all things,
conditions and acts required by the Constitution and laws of the State of California and the
Indenture to exist, to have happened and to have been performed precedent to and in the
execution, authentication and the delivery of this Bond, do exist, have happened and have been
performed in due time, form and manner, as required by law and the Indenture.
IN WITNESS WHEREOF, the County has caused this Series No. 160608-LA-RA
Bond to be executed in its name and on its behalf by the manual or facsimile signatures of its
Executive Officer of the Clerk of the Board of Supervisors or his or her designee and the
Program Administrator, as designee of the Treasurer and Tax Collector, all as of the dated date
identified above.
COUNTY OF LOS ANGELES
By: _____________________________________________
Executive Officer, Clerk of the Board of Supervisors
County of Los Angeles
By: _____________________________________________
Program Administrator
LA HERO Program
Los Angeles County Energy Program
County of Los Angeles
Improvement Bond B-8160608-LA-RA-R-05A
CERTIFICATE OF AUTHENTICATION AND REGISTRATION
This is one of the Series No. 160608-LA-RA Bonds described in the within mentioned Indenture.
Dated: June 8, 2016
DEUTSCHE BANK NATIONAL TRUST COMPANY, as Trustee
By: _________________________________________
Authorized Signatory
Improvement Bond B-9160608-LA-RA-R-05A
ABBREVIATIONS
The following abbreviations, when used in the inscription on the face of this
bond, will be construed as though they were written out in full according to applicable laws or
regulations:
TEN COM - as tenants in common
TEN ENT - as tenants by the entireties
JT TEN - as joint tenants with right of survivorship and not as tenants in
common
UNIF GIFT MIN ACT -
(Cust) (Minor)
under Uniform Gifts to Minors Act
(State)
Additional abbreviations may also be used though not in the above list
(FORM OF ASSIGNMENT)
For value received, the undersigned do(es) hereby sell, assign and transfer unto
________________________________________________________________________
________________________________________________________________________
________________________________________________________________________
(Name, Address and Tax Identification or Social Security Number of Assignee)
the within mentioned Bond and hereby irrevocably constitute(s) and
appoint(s)____________________, attorney, to transfer the same on the registration
books of the Trustee, with full power of substitution in the premises.
Dated: ________________________
Signature Guaranteed:
NOTICE: The signature(s) on this assignment must correspond with the name(s) as written on
the face of the registered Bond in every particular without alteration or enlargement or any
change whatsoever.
Improvement Bond B-10160608-LA-RA-R-05A
ATTACHMENT 2
FORM OF BOND NUMBER R-10A
THE BOND OWNER OF THIS BOND IS INTENDED TO BE ONLY A “QUALIFIED
INSTITUTIONAL BUYER” OR AN “ACCREDITED INVESTOR” (AS DEFINED IN THE
HEREIN REFERENCED INDENTURE) THAT HAS EXECUTED AND DELIVERED TO THE
COUNTY AN INVESTOR LETTER (AS DEFINED IN THE HEREIN REFERENCED
INDENTURE). ANY TRANSFER OF THE REGISTERED OWNERSHIP OF THIS BOND MAY
ONLY BE TO A QUALIFIED INSTITUTIONAL BUYER OR AN ACCREDITED INVESTOR
THAT HAS EXECUTED AND DELIVERED TO THE COUNTY AN INVESTOR LETTER AS
REQUIRED BY THE INDENTURE AND ANY SUCH TRANSFEREE, BY THE ACCEPTANCE
OF THIS BOND, REPRESENTS THAT IT IS A QUALIFIED INSTITUTIONAL BUYER OR AN
ACCREDITED INVESTOR AND HAS EXECUTED THE INVESTOR LETTER REQUIRED BY
THE INDENTURE.
Number R-10A
Cert. 1
***$827,832.53***
Los Angeles County Energy Program
LA HERO
Contractual Assessment Limited Obligation Improvement Bonds
Fourth Residential Property Tranche
Series No. 160608-LA-RA
INTEREST RATE MATURITY DATE CLOSING DATE
7.690% September 2, 2026 June 8, 2016
REGISTERED OWNER: RA HERO Bond Holdings, LLC
PRINCIPAL AMOUNT: Eight hundred twenty-seven thousand eight hundred thirty-
two and 53/100 Dollars
Under and by virtue of Chapter 29 of Part 3 of Division 7 of the Streets and
Highways Code of the State of California (the “Contractual Assessment Law”) and the
Improvement Bond Act of 1915, Division 10 (commencing with Section 8500) of the
Streets and Highways Code (the “Bond Act”), the County of Los Angeles (the “County”),
will, out of the Redemption Fund established pursuant to a Master Indenture, dated as of
May 1, 2016, by and between the County and Deutsche Bank National Trust Company,
acting as trustee (the “Trustee”) and not in its individual capacity, as supplemented and
amended, including as supplemented by a Supplemental Indenture Series No. 160608-LA-
RA (as amended and supplemented, the “Indenture”), pay to the registered owner named
Improvement Bond B-11160608-LA-RA-R-05A
above or registered assigns, the principal installments specified below, in lawful money of
the United States of America and in like manner will pay interest at the rate per annum
stated above in the installments specified below, on each March 2 and September 2 (or the
next succeeding Business Day, if such dates are not a Business Day) (each “Bond Payment
Date”) in each year commencing on September 2, 2016:
Bond Payment
Date
Principal Installment Interest Installment Total
09/02/2016 $0.00 $14,854.08 $14,854.08
03/02/2017 0.00 31,830.02 31,830.02
09/02/2017 57,991.62 31,830.34 89,821.96
03/02/2018 0.00 29,600.26 29,600.26
09/02/2018 62,451.19 29,600.53 92,051.72
03/02/2019 0.00 27,199.06 27,199.06
09/02/2019 67,253.67 27,199.25 94,452.92
03/02/2020 0.00 24,613.11 24,613.11
09/02/2020 72,425.50 24,613.37 97,038.87
03/02/2021 0.00 21,828.35 21,828.35
09/02/2021 77,995.01 21,828.62 99,823.63
03/02/2022 0.00 18,829.46 18,829.46
09/02/2022 83,992.83 18,829.69 102,822.52
03/02/2023 0.00 15,599.94 15,599.94
09/02/2023 90,451.88 15,600.16 106,052.04
03/02/2024 0.00 12,122.03 12,122.03
09/02/2024 97,407.65 12,122.30 109,529.95
03/02/2025 0.00 8,376.71 8,376.71
09/02/2025 104,898.28 8,376.99 113,275.27
03/02/2026 0.00 4,343.37 4,343.37
09/02/2026 112,964.90 4,343.67 117,308.57
Capitalized terms not otherwise defined herein shall have the meanings given
such terms in the Indenture.
This Series No. 160608-LA-RA Bond bears interest from the Bond Payment
Date next preceding its date of authentication and registration unless it is authenticated and
registered (i) prior to an Bond Payment Date and after the close of business of the 15th day
of the calendar month preceding such Bond Payment Date, in which event it will bear
interest from such Bond Payment Date, or (ii) prior to the close of business on the 15th day
of the calendar month preceding the first Bond Payment Date above, in which event it will
bear interest from its date of delivery, until payment of such principal sum has been
discharged.
Interest (excluding the final interest payment due upon maturity or earlier
redemption) on and principal (excluding the final principal payment upon maturity or earlier
redemption) of the Series No. 160608-LA-RA Bond are payable in lawful money of the
United States of America by the Trustee to the person whose name appears on the Bond
~ -
Improvement Bond B-12160608-LA-RA-R-05A
Register as the Owner thereof as of the close of business on the Record Date preceding the
Bond Payment Date by wire transfer of immediately available funds made on such Bond
Payment Date upon the written instructions by such Owner delivered to the Trustee at least
five (5) Business Days prior to the applicable Record Date.
Payment of principal of and accrued interest and premium, if any, on this
Series No. 160608-LA-RA Bond upon final maturity or redemption in whole shall be
payable in lawful money of the United States of America by the Trustee of immediately
available funds, to the person whose name appears on the Bond Register as the Owner
thereof, upon surrender of this Series No. 160608-LA-RA Bond at the Corporate Trust
Office of the Trustee.
Payment of principal of and accrued interest and premium, if any, on this
Series No. 160608-LA-RA Bond upon redemption in part shall be payable in lawful money
of the United States of America by the Trustee to the person whose name appears on the
Bond Register as the Owner thereof as of the close of business on the Record Date
preceding the applicable Designated Redemption Date, without surrender of this Series No.
160608-LA-RA Bond at the Corporate Trust Office of the Trustee, by wire transfer of
immediately available funds made on such Designated Redemption Date upon the written
instructions by such Owner delivered to the Trustee at least five (5) Business Days prior to
the applicable Record Date.
This Series No. 160608-LA-RA Bond will continue to bear interest after maturity
at the rate above stated if this Series No. 160608-LA-RA Bond is presented at maturity and
payment hereof is refused for any reason. If this Series No. 160608-LA-RA Bond is not
presented at maturity, interest hereon will run only until maturity.
This Series No. 160608-LA-RA Bond is issued by the County of Los Angeles
under the Contractual Assessment Law, the B Act and the Indenture for the purpose of funding
disbursements under certain assessment contracts in connection with the Los Angeles County
Energy Program established by the Board of Supervisors of the County pursuant to the
Contractual Assessment Law and is secured by a perfect first priority security interest in the
Assessment recorded against the parcels identified in Exhibit C to the Series No. 160608-LA-RA
Supplemental Indenture with respect to this Series No. 160608-LA-RA Bond and the Collateral,
as described in the Indenture. Amounts payable with respect to this Series No. 160608-LA-RA
Bond, including principal and interest, shall be paid from the funds and accounts, and in the
manner set forth in the Indenture. The obligation of the County to make payments of principal
and interest on this Series No. 160608-LA-RA Bond is a limited obligation secured only as a set
forth in the Indenture.
This Series No. 160608-LA-RA Bond is secured by the Collateral. This Series
No. 160608-LA-RA and interest thereon are not secured by any other funds of the County.
Neither the credit nor the taxing power of the County is pledged for the payment of this Series
No. 160608-LA-RA Bond or the interest thereon, and no Bond Owner of this Series No. 160608-
LA-RA Bond may compel the exercise of any taxing power by the County or force the forfeiture
of any of its properties. The principal of, and premium (if any) and interest on this Series No.
160608-LA-RA Bond are not a debt of the County nor a legal or equitable pledge, charge, lien
~ -
Improvement Bond B-13160608-LA-RA-R-05A
or encumbrance upon any of the properties of the County, or upon any of their income, receipts
or Collateral, other than the Collateral and the funds described in the Indenture.
This Series No. 160608-LA-RA Bond is transferable by the Bond Owner hereof
by the person in whose name it is registered, in person or by such person’s duly authorized
attorney, upon the terms and conditions set forth in the Indenture, including the requirement that
such Bonds shall be transferred in whole to a single purchaser that is a Qualified Institutional
Buyer or an Accredited Investor and such transferee delivers to the Trustee and the County an
executed Investor Letter.
Neither the County nor the Trustee will be required to make such exchange or
registration of transfer of the Series No. 160608-LA-RA Bond in the period beginning on or after
a Record Date and ending before the next ensuing Bond Payment Date.
The County and the Trustee may treat the Bond Owner hereof as the absolute
owner for all purposes, and the County and the Trustee will not be affected by any notice to the
contrary.
Mandatory Prepayment Redemption. The Series No. 160608-LA-RA Bond will
be redeemed and paid in advance of maturity, in whole or in part in the minimum amount of
$2,500.00, from amounts received by the County as Prepayments, on any Designated
Redemption Date established pursuant to the applicable terms of the Master Indenture, by paying
the principal amount thereof, plus interest to the date of redemption, without premium, unless
sooner surrendered, in which event said interest will be paid to the date of payment, all in the
manner and as provided in the Contractual Assessment Law or the Bond Act.
Extraordinary Mandatory Redemption. This Series No. 160608-LA-RA Bond
will be subject to extraordinary mandatory redemption in advance of maturity, in whole or in
part, from Excess Program Fund Proceeds, on any Designated Redemption Date established
pursuant to the applicable terms of the Master Indenture following the deposit of such Excess
Program Fund Proceeds in the Extraordinary Mandatory Redemption Account (Excess Program
Fund Proceeds). The redemption price for such Bond, or such portion thereof that is to be
redeemed, shall be established pursuant to the provisions of the Master Indenture.
This Series No. 160608-LA-RA Bond will be subject to extraordinary mandatory
redemption in advance of maturity, in whole or in part, on any Designated Redemption Date
established pursuant to the applicable terms of the Master Indenture from funds representing the
payment of the ASI Purchase Price for the purchase of an Assessment Security Interest in an
Assessment securing such Bond following the deposit of such funds in the Extraordinary
Mandatory Redemption Account (ASI Purchase Price). The redemption price of such Bond, or
such portion thereof that is to be redeemed, shall be established pursuant to the terms of the
Master Indenture.
This Series No. 160608-LA-RA Bond shall not be entitled to any benefit under
the Contractual Assessment Law, the Bond Act or the Indenture, or become valid or obligatory
Improvement Bond B-14160608-LA-RA-R-05A
for any purpose, until the certificate of authentication and registration hereon endorsed shall have
been dated and signed by the Trustee.
[The remainder of this page has been intentionally left blank.]
~ -
Improvement Bond B-15160608-LA-RA-R-05A
THE COUNTY HAS CERTIFIED, RECITED AND DECLARED that all things,
conditions and acts required by the Constitution and laws of the State of California and the
Indenture to exist, to have happened and to have been performed precedent to and in the
execution, authentication and the delivery of this Bond, do exist, have happened and have been
performed in due time, form and manner, as required by law and the Indenture.
IN WITNESS WHEREOF, the County has caused this Series No. 160608-LA-RA
Bond to be executed in its name and on its behalf by the manual or facsimile signatures of its
Executive Officer of the Clerk of the Board of Supervisors or his or her designee and the
Program Administrator, as designee of the Treasurer and Tax Collector, all as of the dated date
identified above.
COUNTY OF LOS ANGELES
By: _____________________________________________
Executive Officer, Clerk of the Board of Supervisors
County of Los Angeles
By: _____________________________________________
Program Administrator
LA HERO Program
Los Angeles County Energy Program
County of Los Angeles
Improvement Bond B-16160608-LA-RA-R-05A
CERTIFICATE OF AUTHENTICATION AND REGISTRATION
This is one of the Series No. 160608-LA-RA Bonds described in the within mentioned Indenture.
Dated: June 8, 2016
DEUTSCHE BANK NATIONAL TRUST COMPANY, as Trustee
By: _________________________________________
Authorized Signatory
Improvement Bond B-17160608-LA-RA-R-05A
ABBREVIATIONS
The following abbreviations, when used in the inscription on the face of this
bond, will be construed as though they were written out in full according to applicable laws or
regulations:
TEN COM - as tenants in common
TEN ENT - as tenants by the entireties
JT TEN - as joint tenants with right of survivorship and not as tenants in
common
UNIF GIFT MIN ACT -
(Cust) (Minor)
under Uniform Gifts to Minors Act
(State)
Additional abbreviations may also be used though not in the above list
(FORM OF ASSIGNMENT)
For value received, the undersigned do(es) hereby sell, assign and transfer unto
________________________________________________________________________
________________________________________________________________________
________________________________________________________________________
(Name, Address and Tax Identification or Social Security Number of Assignee)
the within mentioned Bond and hereby irrevocably constitute(s) and
appoint(s)____________________, attorney, to transfer the same on the registration
books of the Trustee, with full power of substitution in the premises.
Dated: ________________________
Signature Guaranteed:
NOTICE: The signature(s) on this assignment must correspond with the name(s) as written on
the face of the registered Bond in every particular without alteration or enlargement or any
change whatsoever.
Improvement Bond B-18160608-LA-RA-R-05A
ATTACHMENT 3
FORM OF BOND NUMBER R-15A
THE BOND OWNER OF THIS BOND IS INTENDED TO BE ONLY A “QUALIFIED
INSTITUTIONAL BUYER” OR AN “ACCREDITED INVESTOR” (AS DEFINED IN THE
HEREIN REFERENCED INDENTURE) THAT HAS EXECUTED AND DELIVERED TO THE
COUNTY AN INVESTOR LETTER (AS DEFINED IN THE HEREIN REFERENCED
INDENTURE). ANY TRANSFER OF THE REGISTERED OWNERSHIP OF THIS BOND MAY
ONLY BE TO A QUALIFIED INSTITUTIONAL BUYER OR AN ACCREDITED INVESTOR
THAT HAS EXECUTED AND DELIVERED TO THE COUNTY AN INVESTOR LETTER AS
REQUIRED BY THE INDENTURE AND ANY SUCH TRANSFEREE, BY THE ACCEPTANCE
OF THIS BOND, REPRESENTS THAT IT IS A QUALIFIED INSTITUTIONAL BUYER OR AN
ACCREDITED INVESTOR AND HAS EXECUTED THE INVESTOR LETTER REQUIRED BY
THE INDENTURE.
Number R-15A
Cert. 1
***$699,613.81***
Los Angeles County Energy Program
LA HERO
Contractual Assessment Limited Obligation Improvement Bonds
Fourth Residential Property Tranche
Series No. 160608-LA-RA
INTEREST RATE MATURITY DATE CLOSING DATE
8.150% September 2, 2031 June 8, 2016
REGISTERED OWNER: RA HERO Bond Holdings, LLC
PRINCIPAL AMOUNT: Six hundred ninety-nine thousand six hundred thirteen and
81/100 Dollars
Under and by virtue of Chapter 29 of Part 3 of Division 7 of the Streets and
Highways Code of the State of California (the “Contractual Assessment Law”) and the
Improvement Bond Act of 1915, Division 10 (commencing with Section 8500) of the
Streets and Highways Code (the “Bond Act”), the County of Los Angeles (the “County”),
will, out of the Redemption Fund established pursuant to a Master Indenture, dated as of
May 1, 2016, by and between the County and Deutsche Bank National Trust Company,
acting as trustee (the “Trustee”) and not in its individual capacity, as supplemented and
amended, including as supplemented by a Supplemental Indenture Series No. 160608-LA-
RA (as amended and supplemented, the “Indenture”), pay to the registered owner named
Improvement Bond B-19160608-LA-RA-R-05A
above or registered assigns, the principal installments specified below, in lawful money of
the United States of America and in like manner will pay interest at the rate per annum
stated above in the installments specified below, on each March 2 and September 2 (or the
next succeeding Business Day, if such dates are not a Business Day) (each “Bond Payment
Date”) in each year commencing on September 2, 2016:
Bond Payment
Date
Principal Installment Interest Installment Total
09/02/2016 $0.00 $13,304.32 $13,304.32
03/02/2017 0.00 28,509.17 28,509.17
09/02/2017 25,467.18 28,509.38 53,976.56
03/02/2018 0.00 27,471.42 27,471.42
09/02/2018 27,542.72 27,471.59 55,014.31
03/02/2019 0.00 26,349.01 26,349.01
09/02/2019 29,787.50 26,349.22 56,136.72
03/02/2020 0.00 25,135.22 25,135.22
09/02/2020 32,215.16 25,135.35 57,350.51
03/02/2021 0.00 23,822.40 23,822.40
09/02/2021 34,840.71 23,822.62 58,663.33
03/02/2022 0.00 22,402.65 22,402.65
09/02/2022 37,680.23 22,402.85 60,083.08
03/02/2023 0.00 20,867.20 20,867.20
09/02/2023 40,751.16 20,867.37 61,618.53
03/02/2024 0.00 19,206.57 19,206.57
09/02/2024 44,072.42 19,206.74 63,279.16
03/02/2025 0.00 17,410.65 17,410.65
09/02/2025 47,664.28 17,410.80 65,075.08
03/02/2026 0.00 15,468.30 15,468.30
09/02/2026 51,548.94 15,468.49 67,017.43
03/02/2027 0.00 13,367.69 13,367.69
09/02/2027 55,750.14 13,367.90 69,118.04
03/02/2028 0.00 11,095.86 11,095.86
09/02/2028 60,293.80 11,096.07 71,389.87
03/02/2029 0.00 8,638.91 8,638.91
09/02/2029 65,207.76 8,639.06 73,846.82
03/02/2030 0.00 5,981.70 5,981.70
09/02/2030 70,522.15 5,981.88 76,504.03
03/02/2031 0.00 3,107.95 3,107.95
09/02/2031 76,269.66 3,108.06 79,377.72
Capitalized terms not otherwise defined herein shall have the meanings given
such terms in the Indenture.
This Series No. 160608-LA-RA Bond bears interest from the Bond Payment
Date next preceding its date of authentication and registration unless it is authenticated and
~ -
Improvement Bond B-20160608-LA-RA-R-05A
registered (i) prior to an Bond Payment Date and after the close of business of the 15th day
of the calendar month preceding such Bond Payment Date, in which event it will bear
interest from such Bond Payment Date, or (ii) prior to the close of business on the 15th day
of the calendar month preceding the first Bond Payment Date above, in which event it will
bear interest from its date of delivery, until payment of such principal sum has been
discharged.
Interest (excluding the final interest payment due upon maturity or earlier
redemption) on and principal (excluding the final principal payment upon maturity or earlier
redemption) of the Series No. 160608-LA-RA Bond are payable in lawful money of the
United States of America by the Trustee to the person whose name appears on the Bond
Register as the Owner thereof as of the close of business on the Record Date preceding the
Bond Payment Date by wire transfer of immediately available funds made on such Bond
Payment Date upon the written instructions by such Owner delivered to the Trustee at least
five (5) Business Days prior to the applicable Record Date.
Payment of principal of and accrued interest and premium, if any, on this
Series No. 160608-LA-RA Bond upon final maturity or redemption in whole shall be
payable in lawful money of the United States of America by the Trustee of immediately
available funds, to the person whose name appears on the Bond Register as the Owner
thereof, upon surrender of this Series No. 160608-LA-RA Bond at the Corporate Trust
Office of the Trustee.
Payment of principal of and accrued interest and premium, if any, on this
Series No. 160608-LA-RA Bond upon redemption in part shall be payable in lawful money
of the United States of America by the Trustee to the person whose name appears on the
Bond Register as the Owner thereof as of the close of business on the Record Date
preceding the applicable Designated Redemption Date, without surrender of this Series No.
160608-LA-RA Bond at the Corporate Trust Office of the Trustee, by wire transfer of
immediately available funds made on such Designated Redemption Date upon the written
instructions by such Owner delivered to the Trustee at least five (5) Business Days prior to
the applicable Record Date.
This Series No. 160608-LA-RA Bond will continue to bear interest after maturity
at the rate above stated if this Series No. 160608-LA-RA Bond is presented at maturity and
payment hereof is refused for any reason. If this Series No. 160608-LA-RA Bond is not
presented at maturity, interest hereon will run only until maturity.
This Series No. 160608-LA-RA Bond is issued by the County of Los Angeles
under the Contractual Assessment Law, the B Act and the Indenture for the purpose of funding
disbursements under certain assessment contracts in connection with the Los Angeles County
Energy Program established by the Board of Supervisors of the County pursuant to the
Contractual Assessment Law and is secured by a perfect first priority security interest in the
Assessment recorded against the parcels identified in Exhibit C to the Series No. 160608-LA-RA
Supplemental Indenture with respect to this Series No. 160608-LA-RA Bond and the Collateral,
as described in the Indenture. Amounts payable with respect to this Series No. 160608-LA-RA
Bond, including principal and interest, shall be paid from the funds and accounts, and in the
~ -
Improvement Bond B-21160608-LA-RA-R-05A
manner set forth in the Indenture. The obligation of the County to make payments of principal
and interest on this Series No. 160608-LA-RA Bond is a limited obligation secured only as a set
forth in the Indenture.
This Series No. 160608-LA-RA Bond is secured by the Collateral. This Series
No. 160608-LA-RA and interest thereon are not secured by any other funds of the County.
Neither the credit nor the taxing power of the County is pledged for the payment of this Series
No. 160608-LA-RA Bond or the interest thereon, and no Bond Owner of this Series No. 160608-
LA-RA Bond may compel the exercise of any taxing power by the County or force the forfeiture
of any of its properties. The principal of, and premium (if any) and interest on this Series No.
160608-LA-RA Bond are not a debt of the County nor a legal or equitable pledge, charge, lien
or encumbrance upon any of the properties of the County, or upon any of their income, receipts
or Collateral, other than the Collateral and the funds described in the Indenture.
This Series No. 160608-LA-RA Bond is transferable by the Bond Owner hereof
by the person in whose name it is registered, in person or by such person’s duly authorized
attorney, upon the terms and conditions set forth in the Indenture, including the requirement that
such Bonds shall be transferred in whole to a single purchaser that is a Qualified Institutional
Buyer or an Accredited Investor and such transferee delivers to the Trustee and the County an
executed Investor Letter.
Neither the County nor the Trustee will be required to make such exchange or
registration of transfer of the Series No. 160608-LA-RA Bond in the period beginning on or after
a Record Date and ending before the next ensuing Bond Payment Date.
The County and the Trustee may treat the Bond Owner hereof as the absolute
owner for all purposes, and the County and the Trustee will not be affected by any notice to the
contrary.
Optional Redemption. This Series No. 160608-LA-RA Bond shall be subject to
optional redemption, in whole, on any date after the tenth year following the Closing Date of
such Bonds, from any source of available funds, at the following redemption prices (expressed as
percentages of the principal amount of the Bonds to be redeemed), plus accrued interest thereon
to the date of redemption:
Redemption Dates Redemption Price
June 9, 2026 through June 8, 2027 103%
June 9, 2027 through June 8, 2028 102%
June 9, 2028 through June 8, 2029 101%
June 9, 2029 through maturity 100%
Mandatory Prepayment Redemption. The Series No. 160608-LA-RA Bond will
be redeemed and paid in advance of maturity, in whole or in part in the minimum amount of
$2,500.00, from amounts received by the County as Prepayments, on any Designated
Redemption Date established pursuant to the applicable terms of the Master Indenture, by paying
the principal amount thereof, plus interest to the date of redemption, without premium, unless
Improvement Bond B-22160608-LA-RA-R-05A
sooner surrendered, in which event said interest will be paid to the date of payment, all in the
manner and as provided in the Contractual Assessment Law or the Bond Act.
Extraordinary Mandatory Redemption. This Series No. 160608-LA-RA Bond
will be subject to extraordinary mandatory redemption in advance of maturity, in whole or in
part, from Excess Program Fund Proceeds, on any Designated Redemption Date established
pursuant to the applicable terms of the Master Indenture following the deposit of such Excess
Program Fund Proceeds in the Extraordinary Mandatory Redemption Account (Excess Program
Fund Proceeds). The redemption price for such Bond, or such portion thereof that is to be
redeemed, shall be established pursuant to the provisions of the Master Indenture.
This Series No. 160608-LA-RA Bond will be subject to extraordinary mandatory
redemption in advance of maturity, in whole or in part, on any Designated Redemption Date
established pursuant to the applicable terms of the Master Indenture from funds representing the
payment of the ASI Purchase Price for the purchase of an Assessment Security Interest in an
Assessment securing such Bond following the deposit of such funds in the Extraordinary
Mandatory Redemption Account (ASI Purchase Price). The redemption price of such Bond, or
such portion thereof that is to be redeemed, shall be established pursuant to the terms of the
Master Indenture.
This Series No. 160608-LA-RA Bond shall not be entitled to any benefit under
the Contractual Assessment Law, the Bond Act or the Indenture, or become valid or obligatory
for any purpose, until the certificate of authentication and registration hereon endorsed shall have
been dated and signed by the Trustee.
[The remainder of this page has been intentionally left blank.]
Improvement Bond B-23160608-LA-RA-R-05A
THE COUNTY HAS CERTIFIED, RECITED AND DECLARED that all things,
conditions and acts required by the Constitution and laws of the State of California and the
Indenture to exist, to have happened and to have been performed precedent to and in the
execution, authentication and the delivery of this Bond, do exist, have happened and have been
performed in due time, form and manner, as required by law and the Indenture.
IN WITNESS WHEREOF, the County has caused this Series No. 160608-LA-RA
Bond to be executed in its name and on its behalf by the manual or facsimile signatures of its
Executive Officer of the Clerk of the Board of Supervisors or his or her designee and the
Program Administrator, as designee of the Treasurer and Tax Collector, all as of the dated date
identified above.
COUNTY OF LOS ANGELES
By: _____________________________________________
Executive Officer, Clerk of the Board of Supervisors
County of Los Angeles
By: _____________________________________________
Program Administrator
LA HERO Program
Los Angeles County Energy Program
County of Los Angeles
Improvement Bond B-24160608-LA-RA-R-05A
CERTIFICATE OF AUTHENTICATION AND REGISTRATION
This is one of the Series No. 160608-LA-RA Bonds described in the within mentioned Indenture.
Dated: June 8, 2016
DEUTSCHE BANK NATIONAL TRUST COMPANY, as Trustee
By: _________________________________________
Authorized Signatory
Improvement Bond B-25160608-LA-RA-R-05A
ABBREVIATIONS
The following abbreviations, when used in the inscription on the face of this
bond, will be construed as though they were written out in full according to applicable laws or
regulations:
TEN COM - as tenants in common
TEN ENT - as tenants by the entireties
JT TEN - as joint tenants with right of survivorship and not as tenants in
common
UNIF GIFT MIN ACT -
(Cust) (Minor)
under Uniform Gifts to Minors Act
(State)
Additional abbreviations may also be used though not in the above list
(FORM OF ASSIGNMENT)
For value received, the undersigned do(es) hereby sell, assign and transfer unto
________________________________________________________________________
________________________________________________________________________
________________________________________________________________________
(Name, Address and Tax Identification or Social Security Number of Assignee)
the within mentioned Bond and hereby irrevocably constitute(s) and
appoint(s)____________________, attorney, to transfer the same on the registration
books of the Trustee, with full power of substitution in the premises.
Dated: ________________________
Signature Guaranteed:
NOTICE: The signature(s) on this assignment must correspond with the name(s) as written on
the face of the registered Bond in every particular without alteration or enlargement or any
change whatsoever.
Improvement Bond B-26160608-LA-RA-R-05A
ATTACHMENT 4
FORM OF BOND NUMBER R-20A
THE BOND OWNER OF THIS BOND IS INTENDED TO BE ONLY A “QUALIFIED
INSTITUTIONAL BUYER” OR AN “ACCREDITED INVESTOR” (AS DEFINED IN THE
HEREIN REFERENCED INDENTURE) THAT HAS EXECUTED AND DELIVERED TO THE
COUNTY AN INVESTOR LETTER (AS DEFINED IN THE HEREIN REFERENCED
INDENTURE). ANY TRANSFER OF THE REGISTERED OWNERSHIP OF THIS BOND MAY
ONLY BE TO A QUALIFIED INSTITUTIONAL BUYER OR AN ACCREDITED INVESTOR
THAT HAS EXECUTED AND DELIVERED TO THE COUNTY AN INVESTOR LETTER AS
REQUIRED BY THE INDENTURE AND ANY SUCH TRANSFEREE, BY THE ACCEPTANCE
OF THIS BOND, REPRESENTS THAT IT IS A QUALIFIED INSTITUTIONAL BUYER OR AN
ACCREDITED INVESTOR AND HAS EXECUTED THE INVESTOR LETTER REQUIRED BY
THE INDENTURE.
Number R-20A
Cert. 1
***$2,669,011.46***
Los Angeles County Energy Program
LA HERO
Contractual Assessment Limited Obligation Improvement Bonds
Fourth Residential Property Tranche
Series No. 160608-LA-RA
INTEREST RATE MATURITY DATE CLOSING DATE
8.350% September 2, 2036 June 8, 2016
REGISTERED OWNER: RA HERO Bond Holdings, LLC
PRINCIPAL AMOUNT: Two million six hundred sixty-nine thousand eleven and
46/100 Dollars
Under and by virtue of Chapter 29 of Part 3 of Division 7 of the Streets and
Highways Code of the State of California (the “Contractual Assessment Law”) and the
Improvement Bond Act of 1915, Division 10 (commencing with Section 8500) of the
Streets and Highways Code (the “Bond Act”), the County of Los Angeles (the “County”),
will, out of the Redemption Fund established pursuant to a Master Indenture, dated as of
May 1, 2016, by and between the County and Deutsche Bank National Trust Company,
acting as trustee (the “Trustee”) and not in its individual capacity, as supplemented and
amended, including as supplemented by a Supplemental Indenture Series No. 160608-LA-
RA (as amended and supplemented, the “Indenture”), pay to the registered owner named
Improvement Bond B-27160608-LA-RA-R-05A
above or registered assigns, the principal installments specified below, in lawful money of
the United States of America and in like manner will pay interest at the rate per annum
stated above in the installments specified below, on each March 2 and September 2 (or the
next succeeding Business Day, if such dates are not a Business Day) (each “Bond Payment
Date”) in each year commencing on September 2, 2016:
Bond Payment
Date
Principal Installment Interest Installment Total
09/02/2016 $0.00 $52,001.24 $52,001.24
03/02/2017 0.00 111,431.01 111,431.01
09/02/2017 56,100.77 111,431.46 167,532.23
03/02/2018 0.00 109,088.78 109,088.78
09/02/2018 60,785.15 109,089.31 169,874.46
03/02/2019 0.00 106,551.05 106,551.05
09/02/2019 65,860.75 106,551.44 172,412.19
03/02/2020 0.00 103,801.34 103,801.34
09/02/2020 71,360.10 103,801.80 175,161.90
03/02/2021 0.00 100,822.04 100,822.04
09/02/2021 77,318.66 100,822.54 178,141.20
03/02/2022 0.00 97,593.99 97,593.99
09/02/2022 83,774.80 97,594.45 181,369.25
03/02/2023 0.00 94,096.42 94,096.42
09/02/2023 90,769.95 94,096.87 184,866.82
03/02/2024 0.00 90,306.83 90,306.83
09/02/2024 98,349.19 90,307.22 188,656.41
03/02/2025 0.00 86,200.72 86,200.72
09/02/2025 106,561.40 86,201.12 192,762.52
03/02/2026 0.00 81,751.76 81,751.76
09/02/2026 115,459.25 81,752.23 197,211.48
03/02/2027 0.00 76,931.37 76,931.37
09/02/2027 125,100.12 76,931.75 202,031.87
03/02/2028 0.00 71,708.38 71,708.38
09/02/2028 135,546.00 71,708.86 207,254.86
03/02/2029 0.00 66,049.29 66,049.29
09/02/2029 146,864.09 66,049.86 212,913.95
03/02/2030 0.00 59,917.74 59,917.74
09/02/2030 159,127.25 59,918.25 219,045.50
03/02/2031 0.00 53,274.19 53,274.19
09/02/2031 172,414.39 53,274.66 225,689.05
03/02/2032 0.00 46,075.88 46,075.88
09/02/2032 186,811.00 46,076.36 232,887.36
03/02/2033 0.00 38,276.52 38,276.52
09/02/2033 202,409.69 38,277.03 240,686.72
03/02/2034 0.00 29,825.95 29,825.95
09/02/2034 219,310.86 29,826.43 249,137.29
03/02/2035 0.00 20,669.72 20,669.72
~ -
Improvement Bond B-28160608-LA-RA-R-05A
Bond Payment
Date
Principal Installment Interest Installment Total
09/02/2035 237,623.35 20,670.17 258,293.52
03/02/2036 0.00 10,748.96 10,748.96
09/02/2036 257,464.69 10,749.44 268,214.13
Capitalized terms not otherwise defined herein shall have the meanings given
such terms in the Indenture.
This Series No. 160608-LA-RA Bond bears interest from the Bond Payment
Date next preceding its date of authentication and registration unless it is authenticated and
registered (i) prior to an Bond Payment Date and after the close of business of the 15th day
of the calendar month preceding such Bond Payment Date, in which event it will bear
interest from such Bond Payment Date, or (ii) prior to the close of business on the 15th day
of the calendar month preceding the first Bond Payment Date above, in which event it will
bear interest from its date of delivery, until payment of such principal sum has been
discharged.
Interest (excluding the final interest payment due upon maturity or earlier
redemption) on and principal (excluding the final principal payment upon maturity or earlier
redemption) of the Series No. 160608-LA-RA Bond are payable in lawful money of the
United States of America by the Trustee to the person whose name appears on the Bond
Register as the Owner thereof as of the close of business on the Record Date preceding the
Bond Payment Date by wire transfer of immediately available funds made on such Bond
Payment Date upon the written instructions by such Owner delivered to the Trustee at least
five (5) Business Days prior to the applicable Record Date.
Payment of principal of and accrued interest and premium, if any, on this
Series No. 160608-LA-RA Bond upon final maturity or redemption in whole shall be
payable in lawful money of the United States of America by the Trustee of immediately
available funds, to the person whose name appears on the Bond Register as the Owner
thereof, upon surrender of this Series No. 160608-LA-RA Bond at the Corporate Trust
Office of the Trustee.
Payment of principal of and accrued interest and premium, if any, on this
Series No. 160608-LA-RA Bond upon redemption in part shall be payable in lawful money
of the United States of America by the Trustee to the person whose name appears on the
Bond Register as the Owner thereof as of the close of business on the Record Date
preceding the applicable Designated Redemption Date, without surrender of this Series No.
160608-LA-RA Bond at the Corporate Trust Office of the Trustee, by wire transfer of
immediately available funds made on such Designated Redemption Date upon the written
instructions by such Owner delivered to the Trustee at least five (5) Business Days prior to
the applicable Record Date.
This Series No. 160608-LA-RA Bond will continue to bear interest after maturity
at the rate above stated if this Series No. 160608-LA-RA Bond is presented at maturity and
~ -
Improvement Bond B-29160608-LA-RA-R-05A
payment hereof is refused for any reason. If this Series No. 160608-LA-RA Bond is not
presented at maturity, interest hereon will run only until maturity.
This Series No. 160608-LA-RA Bond is issued by the County of Los Angeles
under the Contractual Assessment Law, the B Act and the Indenture for the purpose of funding
disbursements under certain assessment contracts in connection with the Los Angeles County
Energy Program established by the Board of Supervisors of the County pursuant to the
Contractual Assessment Law and is secured by a perfect first priority security interest in the
Assessment recorded against the parcels identified in Exhibit C to the Series No. 160608-LA-RA
Supplemental Indenture with respect to this Series No. 160608-LA-RA Bond and the Collateral,
as described in the Indenture. Amounts payable with respect to this Series No. 160608-LA-RA
Bond, including principal and interest, shall be paid from the funds and accounts, and in the
manner set forth in the Indenture. The obligation of the County to make payments of principal
and interest on this Series No. 160608-LA-RA Bond is a limited obligation secured only as a set
forth in the Indenture.
This Series No. 160608-LA-RA Bond is secured by the Collateral. This Series
No. 160608-LA-RA and interest thereon are not secured by any other funds of the County.
Neither the credit nor the taxing power of the County is pledged for the payment of this Series
No. 160608-LA-RA Bond or the interest thereon, and no Bond Owner of this Series No. 160608-
LA-RA Bond may compel the exercise of any taxing power by the County or force the forfeiture
of any of its properties. The principal of, and premium (if any) and interest on this Series No.
160608-LA-RA Bond are not a debt of the County nor a legal or equitable pledge, charge, lien
or encumbrance upon any of the properties of the County, or upon any of their income, receipts
or Collateral, other than the Collateral and the funds described in the Indenture.
This Series No. 160608-LA-RA Bond is transferable by the Bond Owner hereof
by the person in whose name it is registered, in person or by such person’s duly authorized
attorney, upon the terms and conditions set forth in the Indenture, including the requirement that
such Bonds shall be transferred in whole to a single purchaser that is a Qualified Institutional
Buyer or an Accredited Investor and such transferee delivers to the Trustee and the County an
executed Investor Letter.
Neither the County nor the Trustee will be required to make such exchange or
registration of transfer of the Series No. 160608-LA-RA Bond in the period beginning on or after
a Record Date and ending before the next ensuing Bond Payment Date.
The County and the Trustee may treat the Bond Owner hereof as the absolute
owner for all purposes, and the County and the Trustee will not be affected by any notice to the
contrary.
~ -
Improvement Bond B-30160608-LA-RA-R-05A
Optional Redemption. This Series No. 160608-LA-RA Bond shall be subject to
optional redemption, in whole, on any date after the tenth year following the Closing Date of
such Bonds, from any source of available funds, at the following redemption prices (expressed as
percentages of the principal amount of the Bonds to be redeemed), plus accrued interest thereon
to the date of redemption:
Redemption Dates Redemption Price
June 9, 2026 through June 8, 2027 103%
June 9, 2027 through June 8, 2028 102%
June 9, 2028 through June 8, 2029 101%
June 9, 2029 through maturity 100%
Mandatory Prepayment Redemption. The Series No. 160608-LA-RA Bond will
be redeemed and paid in advance of maturity, in whole or in part in the minimum amount of
$2,500.00, from amounts received by the County as Prepayments, on any Designated
Redemption Date established pursuant to the applicable terms of the Master Indenture, by paying
the principal amount thereof, plus interest to the date of redemption, without premium, unless
sooner surrendered, in which event said interest will be paid to the date of payment, all in the
manner and as provided in the Contractual Assessment Law or the Bond Act.
Extraordinary Mandatory Redemption. This Series No. 160608-LA-RA Bond
will be subject to extraordinary mandatory redemption in advance of maturity, in whole or in
part, from Excess Program Fund Proceeds, on any Designated Redemption Date established
pursuant to the applicable terms of the Master Indenture following the deposit of such Excess
Program Fund Proceeds in the Extraordinary Mandatory Redemption Account (Excess Program
Fund Proceeds). The redemption price for such Bond, or such portion thereof that is to be
redeemed, shall be established pursuant to the provisions of the Master Indenture.
This Series No. 160608-LA-RA Bond will be subject to extraordinary mandatory
redemption in advance of maturity, in whole or in part, on any Designated Redemption Date
established pursuant to the applicable terms of the Master Indenture from funds representing the
payment of the ASI Purchase Price for the purchase of an Assessment Security Interest in an
Assessment securing such Bond following the deposit of such funds in the Extraordinary
Mandatory Redemption Account (ASI Purchase Price). The redemption price of such Bond, or
such portion thereof that is to be redeemed, shall be established pursuant to the terms of the
Master Indenture.
This Series No. 160608-LA-RA Bond shall not be entitled to any benefit under
the Contractual Assessment Law, the Bond Act or the Indenture, or become valid or obligatory
for any purpose, until the certificate of authentication and registration hereon endorsed shall have
been dated and signed by the Trustee.
[The remainder of this page has been intentionally left blank.]
Improvement Bond B-31160608-LA-RA-R-05A
THE COUNTY HAS CERTIFIED, RECITED AND DECLARED that all things,
conditions and acts required by the Constitution and laws of the State of California and the
Indenture to exist, to have happened and to have been performed precedent to and in the
execution, authentication and the delivery of this Bond, do exist, have happened and have been
performed in due time, form and manner, as required by law and the Indenture.
IN WITNESS WHEREOF, the County has caused this Series No. 160608-LA-RA
Bond to be executed in its name and on its behalf by the manual or facsimile signatures of its
Executive Officer of the Clerk of the Board of Supervisors or his or her designee and the
Program Administrator, as designee of the Treasurer and Tax Collector, all as of the dated date
identified above.
COUNTY OF LOS ANGELES
By: _____________________________________________
Executive Officer, Clerk of the Board of Supervisors
County of Los Angeles
By: _____________________________________________
Program Administrator
LA HERO Program
Los Angeles County Energy Program
County of Los Angeles
Improvement Bond B-32160608-LA-RA-R-05A
CERTIFICATE OF AUTHENTICATION AND REGISTRATION
This is one of the Series No. 160608-LA-RA Bonds described in the within mentioned Indenture.
Dated: June 8, 2016
DEUTSCHE BANK NATIONAL TRUST COMPANY, as Trustee
By: _________________________________________
Authorized Signatory
Improvement Bond B-33 160608-LA-RA-R-05A
ABBREVIATIONS
The following abbreviations, when used in the inscription on the face of this
bond, will be construed as though they were written out in full according to applicable laws or
regulations:
TEN COM - as tenants in common
TEN ENT - as tenants by the entireties
JT TEN - as joint tenants with right of survivorship and not as tenants in
common
UNIF GIFT MIN ACT -
(Cust) (Minor)
under Uniform Gifts to Minors Act
(State)
Additional abbreviations may also be used though not in the above list
(FORM OF ASSIGNMENT)
For value received, the undersigned do(es) hereby sell, assign and transfer unto
________________________________________________________________________
________________________________________________________________________
________________________________________________________________________
(Name, Address and Tax Identification or Social Security Number of Assignee)
the within mentioned Bond and hereby irrevocably constitute(s) and
appoint(s)____________________, attorney, to transfer the same on the registration
books of the Trustee, with full power of substitution in the premises.
Dated: ________________________
Signature Guaranteed:
NOTICE: The signature(s) on this assignment must correspond with the name(s) as written on
the face of the registered Bond in every particular without alteration or enlargement or any
change whatsoever.
Supplemental Indenture C-1
160608-LA-RA
EXHIBIT C
Assessments Securing the Series No. 160608-LA-RA Bonds
Assessments levied on the following Participating Parcels will secure Bond Number R-05A:
Participating Parcel(s)
(Name/Assessor’s Parcel No.)
2014 SHERYL L SAMWORTH REVOCABLE TRUST 2830015037
Acuna 6014027002
Aguinaga 6369017015
Aguirre 8459007015
Bailey 2779006116
Bascar 2328024006
Beck 8507019038
Benjamin 2810018010
Bolivar 8437025004
Carrillo 8643014034
Cordova 6370006018
Dickey 6260010064
Jeffs-Catone 2781024011
Jewel Crawford Revocable Living Trust 4031014021
LEO CHESTER PITTS LIVING TRUST 6003008015
Lepire 2004013019
Mccartin 5652011037
McCoy 7322007017
Mcelhinney 8642008017
Michael Dobson Living Trust 5514003050
Mino 2644026091
Neeley 7319016007
Overgaauw 7184019029
Paul 5007030017
Prieto 4142015035
Robinson 5014025045
Rodriguez 8174037009
Senzaki 5829003013
Shen 2068029043
Sotelo 8157012037
Spiropoulos 3244183023
The James Brendan Heffernan Revocable Trust 7581033072
Vasquez 8163013013
Zweizig 5852012020
ti I!). .
Supplemental Indenture C-2
160608-LA-RA
Assessments levied on the following Participating Parcels will secure Bond Number R-10A:
Participating Parcel(s)
(Name/Assessor’s Parcel No.)
Aguilar 8165019018
Barbinis 2669021027
Bataclan 5482002021
Battino 2690009010
Blain 3169010006
Bonilla 2844008012
Borjon 3133012021
Chavez 7009020036
Crowder 4071010022
Desantos 6014034002
Dugan 7191026026
Easley 6161012047
Eberling 4118017154
Frost 3135012015
Gallardo 6042026026
Garcia 6370017012
Gomez 6211020004
Guerrero 2842010026
Hageman 7226012007
Henry 2108017013
Horton 5291008007
Jamison 3020016023
Jensen 4085033001
John and Linda Aguilera 2015 Trust 8542011023
Johnson 6147013033
Laney 4029028012
Lawton 6261010026
Little 4071014111
Lopez 8042028024
Martinez 6376027028
McLellan 8035001011
Moreno 5109021001
NATHAN A AND AGATHA M MALLORY FAMILY
TRUST 8711019031
Ramirez 6119005017
Rivas 3051053043
Santos 6367003011
Shin 2551021030
ti I!). .
Supplemental Indenture C-3
160608-LA-RA
Sinclair 7102029033
Singleton 8121005014
Terry 5269019025
The 2014 Scott Andrew Mitchell and Michelle P Mitchell
Revocable Trust 8510006031
The Andrew Marc Comins Living Trust 4252035016
THE FRANK R MURPHY REVOCABLE TRUST 8146022012
The Grover Trust 5669010034
Verayo 8628025004
Williams 7335020026
Williamson 7218018013
Wolters 7516022012
Zimmerman 2233008005
ti I!). .
Supplemental Indenture C-4
160608-LA-RA
Assessments levied on the following Participating Parcels will secure Bond Number R-15A:
Participating Parcel(s)
(Name/Assessor’s Parcel No.)
Aguilar 8002011033
Aguilar 6261002019
Aguirre 8171037026
Alkana Family Trust 4023023014
Amaya 7371022065
Bagheri 5591003011
Baldwin 2701009025
Brief 8161016012
Butler 8385007031
Chowdhury 2781032010
Gomez 8035007020
Hernandez 6193022001
Holley 8328031025
Imp 6271019056
Indzheyan 2644019002
Jacobo 3010014007
Jones 6045016032
Kafkalas 3208033056
Laudenorio 8327001050
Loera 8531003006
McDonald 2812105005
Olivo 8317028031
Pedrini 3350012018
Phillips 3147015020
Rancharan 8370017054
Reynolds 2569020040
Roldan 8620016009
Rose 7465026039
Scott 2688029073
The Cheri Dessero Trust 7182019021
THE DAVID L. AND JOANNE ORENSKI LIVING TRUST 4123007006
The Eddie and Maricela Ruiz Living Trust 8629021019
Villagomez 8464010025
Witte 5684033017
Youngblood 6117014019
Zubiate 8163022002
ti I!). .
Supplemental Indenture C-5
160608-LA-RA
Assessments levied on the following Participating Parcels will secure Bond Number R-20A:
Participating Parcel(s)
(Name/Assessor’s Parcel No.)
Acoba 5691011009
Andrews 4019003018
Arteaga 8633011034
Ash 5110004022
Austin-Stanley 6111027011
Avelar 5018035023
Ball 2512017039
Beard 4029005020
Becerra 6192016009
Blain 3169010006
Bozonier 8344006001
Buenrostro 8740015014
Burton 7320020019
Carpio 6387008017
Castano 8432012027
Crowe 6141017009
Cuevas 5106012017
Del Toro 3053047023
Deramo 6249022009
Downs 8079034019
Durment 2779023014
Everling 8455011009
Ficklin 6178018025
Fuentes 6111028010
Fuqua 6087021037
Gandara 8457006006
Garcia 4024032004
Gillies 5827014002
Gladys M. Smith Living Trust 6227028023
Gonzalez 3019043037
Heinzman 2854016015
Hernandez 2681014001
Hoff 2556012010
Hubbard 3073006001
Ixta 7420003025
Julio 8176015022
Le 8366024042
Leon 8479004005
ti I!). .
Supplemental Indenture C-6
160608-LA-RA
Lopez 8254005005
Lopez 6004037025
Lupica 8152017016
Manjarrez 6266012032
Manzo 8178021050
Martinez 8042032011
Martinez 5674001001
Martinez 3112055038
Mary Elizabeth Field Living Trust 5348002012
McKinley 3271022030
Medina 8643024030
Meraz 5104010014
Minassian 2543012001
Morales 7025017013
Muench 8115018007
Nieto 8367031006
Nixon 7218014007
Oconnell 7307012024
Oshikoya 7151007015
Owens 7205012022
Pablo Herrera Perez Revocable Living Trust 8742014035
Perez-Garcia 6179020003
Plehn 4105017022
Ramos 8228008013
Richard and Nancy Hicks 2004 Trust 8148009005
Rivera 7168005007
Roberto R. Roman Revocable Trust 5850023012
Salazar 6379027010
Santana 5183011015
Scott 3019037042
Sioson-Custodio 8731009027
Smith 4009025024
Smith 5014017034
Soussan 7241023026
Spivey 6076014018
Sumner 2801004030
THE BERT C. GUERRERO AND MYRNA IRENE
GUERRERO FAMILY TRUST 5278004012
The Charles E. Leslie Living Trust 6016029013
The Charles Edward Naman Separate Property Living Trust 8120014012
The Charles Shepherd, Jr. , and Siriluk Buathong 2015 Trust 3122030020
THE HARRY, PATRICIA AND MICHAEL'S LIVING
TRUST 6121014009
The M. Everett Family Trust 8741002034
The Martha F. Garcia Separate Property Trust 7150023004
The Mary Brocklebank Steddom Family Trust 8237020007
ti I!). .
Supplemental Indenture C-7
160608-LA-RA
The Patricia L. Winters Trust 5464030014
THE PATRICK BRIAN O'HEARN 2007 TRUST 7264006018
The Ray E. Butler III Living Trust, Vicky Howard Butler 6287016007
The Taroc Family Trust 8209011010
THE ZACARIAS VICENTE LIVING TRUST 3142018095
Thomas 6089011009
Watler 5110011006
Winfrey 6139026038
Wu 8360040026
Yanez 6232028034
ti I!). .