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ObjectId: 201403149349301450 - Submission: 2014-11-10
TIN: 90-0067112
Schedule K
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information on Tax Exempt Bonds
Complete if the organization answered "Yes" to Form 990, Part IV, line 24a. Provide descriptions,
explanations, and any additional information in Part VI.
Attach to Form 990.
See separate instructions.
Information about Schedule K (Form 990) and its instructions is at
www.irs.gov/form990
.
OMB No. 1545-0047
20
13
Open to Public
Inspection
Name of the organization
CHRISTIAN CARE MESA II INC
Employer identification number
90-0067112
Part I
Bond Issues
(a)
Issuer name
(b)
Issuer EIN
(c)
CUSIP #
(d)
Date issued
(e)
Issue price
(f)
Description of purpose
(g)
Defeased
(h)
On
behalf of
issuer
(i)
Pool
financing
Yes
No
Yes
No
Yes
No
A
THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF MARICOPA
86-0445263
56682PAH4
02-01-2004
15,640,000
ACQUIRE MULTIFAMILY RENTAL SENIOR LIVING
X
X
X
B
THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF MARICOPA
86-0445263
56682PAG6
02-01-2004
1,870,000
ACQUIRE MULTIFAMILY RENTAL SENIOR LIVING
X
X
X
Part II
Proceeds
A
B
C
D
1
Amount of bonds retired
.................
1,870,000
2
Amount of bonds legally defeased
...........
3
Total proceeds of issue
..................
15,640,000
1,870,000
4
Gross proceeds in reserve funds
............
1,657,656
204,879
5
Capitalized interest from proceeds
............
6
Proceeds in refunding escrows
............
7
Issuance costs from proceeds
............
200,035
24,724
8
Credit enhancement from proceeds
............
9
Working capital expenditures from proceeds
............
10
Capital expenditures from proceeds
............
14,196,334
1,574,603
11
Other spent proceeds
............
12
Other unspent proceeds
............
13
Year of substantial completion
............
2004
2004
Yes
No
Yes
No
Yes
No
Yes
No
14
Were the bonds issued as part of a current refunding issue?
.....
X
X
15
Were the bonds issued as part of an advance refunding issue?
....
X
X
16
Has the final allocation of proceeds been made?
............
X
X
17
Does the organization maintain adequate books and records to support the final allocation of proceeds?
............
X
X
Part III
Private Business Use
A
B
C
D
Yes
No
Yes
No
Yes
No
Yes
No
1
Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds?
.......
X
X
2
Are there any lease arrangements that may result in private business use of bond-financed property?
........
X
X
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2013
Page 2
Schedule K (Form 990) 2013
Page
2
Part III
Private Business Use
(Continued)
A
B
C
D
Yes
No
Yes
No
Yes
No
Yes
No
3a
Are there any management or service contracts that may result in private business use of bond-financed property?
............
X
X
b
If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property?
c
Are there any research agreements that may result in private business use of bond-financed property?
..................
X
X
d
If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property?
4
Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government
.....
0 %
5
Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government
..........
0 %
6
Total of lines 4 and 5
............
0 %
7
Does the bond issue meet the private security or payment test?
....
X
X
8a
Has there been a sale or disposition of any of the bond financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were
issued?
............
X
X
b
If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of.
c
If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2?
............
9
Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1.141-12 and 1.145-2?
.......
X
X
Part IV
Arbitrage
A
B
C
D
Yes
No
Yes
No
Yes
No
Yes
No
1
Has the issuer filed Form 8038-T?
.....
X
X
2
If "No" to line 1, did the following apply?
....
a
Rebate not due yet?
.....
X
X
b
Exception to rebate?
.....
X
X
c
No rebate due?
.......
X
X
If you checked "No rebate due" in line 2c, provide in
Part VI the date the rebate computation was performed
3
Is the bond issue a variable rate issue?
....
X
X
4a
Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?
X
X
b
Name of provider
.....
c
Term of hedge
.........
d
Was the hedge superintegrated?
.....
e
Was the hedge terminated?
........
Schedule K (Form 990) 2013
Page 3
Schedule K (Form 990) 2013
Page
3
Part IV
Arbitrage
(Continued)
A
B
C
D
Yes
No
Yes
No
Yes
No
Yes
No
5a
Were gross proceeds invested in a guaranteed investment contract (GIC)?
X
X
b
Name of provider
........
SOCIETE GENERALE
NEW YORK BRANCH
SOCIETE GENERALE
NEW YORK BRANCH
c
Term of GIC
........
2060.0000000000 %
2060.0000000000 %
d
Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied?
......
X
X
6
Were any gross proceeds invested beyond an available temporary period?
X
X
7
Has the organization established written procedures to monitor the requirements of section 148?
.....
X
X
Part V
Procedures To Undertake Corrective Action
A
B
C
D
Yes
No
Yes
No
Yes
No
Yes
No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations?
X
X
Part VI
Supplemental Information.
Provide additional information for responses to questions on Schedule K (see instructions).
Return Reference
Explanation
DATE REBATE COMPUTATION PERFORMED
ISSUER NAME: THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF MARICOPA DATE THE REBATE COMPUTATION WAS PERFORMED: 03/20/2013 ISSUER NAME: THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF MARICOPA DATE THE REBATE COMPUTATION WAS PERFORMED: 03/20/2013
SCHEDULE K, PART III, LINE 9, PART IV, LINE 7 AND PART V:
THE ORGANIZATION CONTRACTS WITH BLX GROUP LLC TO MONITOR BOND COMPLIANCE WITH FEDERAL TAX REQUIREMENTS GENERALLY, AND IRS REGULATIONS 1.141-12 AND 1.145-2 AND INTERNAL REVENUE CODE SECTION 148 IN PARTICULAR.
Schedule K (Form 990) 2013
Additional Data
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