HomeMy WebLinkAboutStaff Report 3.C 01/24/2011DATE: January 24, 2011
flgeox- ca/ Itewv # 3.0
TO: I Honorable Mayor and Members of the City Council through City Manager
FROM: Bonne Gaebler, Housing Administrator
SUBJECT: Discussion and Adoption of a Resolution Approving the Submittal of the 2010
State Controller's Office (SCO) Redevelopment Financial Report.
RECOMMENDATION
It is recommended that the Citv.Council adopt the attached Resolution Approving the Submittal
of the 2010 State Controller's Office (SCO) Redevelopment Financial Report.
BACKGROUND
The California Community Redevelopment Law (CRL), contains a number of Health and Safety
Code Sections detailing procedures to "which redevelopment agencies must adhere. CRL Section
33080.1 outlines the required contents of the report that must be presented to PCDC and,
subsequently, to the SCO by December 31.
Following are the reports which are required:
e State Controller's Financial Report Cover Page
® HCD Housing- Report
® Blight Report
® Bureau of Census Survey Form
® Statement of Indebtedness
m Independent Audit
These documents were submitted to the State Controller's Office prior to the December 31, 2010
.deadline.
DISCUSSION
The PCDC Annual Report; inclusive of the above -listed requirements, must be filed by
December 31, 2010. The penalties for failing to do so are strict, including not being able to
spend any money, adopt/amend redevelopment plans, sell bonds, enter into any other kind of
debt, and ,pbtontial, fines.
Agenda Review:
City Attorney 0 Finance Director City Manager -
FINANCIAL IMPACTS
The fiscal 'impacts of not filing the SCO Report in a timely'"manner could be onerous (see
discussion above). The cost offiling will amount to approximately, $10,000 including internal
and outside consulting staff 'and is' budgeted in Account 454141 in the PCDC budget.
ATTACHMENTS
I.
Exhibit 1. Resolution
2.
HCD Housing Report
3.
Blight Report
4.
Bureau of Census Survey Form
5.
Statement of Indebtedness
6.
Agency's Outstanding Loans
7.
Agency Owned Properties
® Items listed below are large in volume and are not attached to this report, but may be viewed in the
City Clerk's office.
1. Audit Report
2. SCO Transaction Financial Report
2
ATTACHMENT # 1
EXHIBIT 1
RESOLUTION NO.
Resolution of the Petaluma City Council Approving the Submittal of the 2010
State Controller's Office (SCO) Redevelopment Financial Report.
WHEREAS, California Community Redevelopment Law requires that an annual report be
presented to the legislative body within six months of the end of the fiscal year; and
WHEREAS, that report must contain certain financial and housing information for the fiscal
year ending June 30, 2010; and
WHEREAS, this Annual Report is a compilation of those individual financial statements and
reports on the PCDC housing programs; and
WHEREAS, the Annual Report was distributed to the City Council on December 28, 2010 for
review in preparation for the City Council's January 3, 2011 meeting; and
WHEREAS the required financial and housing reports were submitted prior to the December 31,
2010 deadline; and
WHEREAS, Section 33080.2 of Redevelopment Law states the "the legislative body shall
review the report and "take any action which it deemed appropriate;"
NOW, THEREFORE BE IT RESOLVED by the City Council of the City of Petaluma that the
FY 2009-20 TO State Controller's Report has been received by the City Council in accordance
with the Community Redevelopment Law and submission of the report to the State Controller is
approved.
3
ATTACHMENT #2
RDA Reporting System - Agency Information Page 1 of 1
_ • ;;...y
California Department of Housing and Community Development
Redevelopment Agency Reporting System
Agency Information
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Agency:PETALUMA Fiscal Year :2009/2010 Prepared by: Sue Castellucci
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Please use this form to provide current information about PETALUMA
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11 English Street
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Petaluma Community Development Commission
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City: Petaluma
County: SONOMA;
State:, CA
Zip: _ 94952
Telephone: (707)778-4563 Extension:0
Pax: (707)778-4586
E -Mail: scasteilucci@ci.petaluma.ca.us
Description:
Update.
Redevelopment Agency Reporting System - Agency Information
California Department of Housing and Comm uriity' Development
https://ssw2alcd.ca.gpv/RDA/editAgeneyInfo.jsp 12/8/2010
5
RDA Reporting System - Project Area General Info Page 1 of I
o ,Select Year For Project Area:PCDC.MERGED PROJECT AREA
o FAQ
o User Info
o Status
1.a Project Area, Information
o Print
s Logout 1. Year plan',for,projedt area was adopted: .1976
2. Year that plan was last amended (if applicable): :2006 11
3. Was,Plan amended after .2001ao extend time limits per Senate Bill 211 (Chapter 741, No
'Statutes of 2001)?:
4. Current expiration of redcyelopment plan: 2032
If the redeyelopmentplan.for the subject project area was adopted before tlin(i, and'the agency has elected to;apply
all orpart of Section 33413 identify the resolution date.and scope -(elected provisions):; Help?
Date: (mn-/dd/yyyy)*
* Note: If dd for the;daie:is not available assume 01
Scope:
5. Project Area Time,.Limits:
(a),Expiration date of Redevelopment Plan (mm/dd/yyyy):
(b):Expiration date to, incur debt (mm/dd/yyyy):
'(c) Expiration date to receive' property tax revenue (mm/dd/yyyy):
(d) Expiration date to start Eminent Domain (mm/dd/yyyy):
Redevelopment Agency Reporting System - General Project Area Information
California DepartmentW Housing and'Communhy Development
06/18/2032
06/18/2021
06/18/2047
06/18/2013
rel
California Department of Housing and Community _Development
Redevelopment Agency Reporting. System
el -
General Project Area Information Sch_A, p1
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Agency:PETALUMA Fiscal: Year :2009/2010 Prepared by: Sue Castellucci
o ,Select Year For Project Area:PCDC.MERGED PROJECT AREA
o FAQ
o User Info
o Status
1.a Project Area, Information
o Print
s Logout 1. Year plan',for,projedt area was adopted: .1976
2. Year that plan was last amended (if applicable): :2006 11
3. Was,Plan amended after .2001ao extend time limits per Senate Bill 211 (Chapter 741, No
'Statutes of 2001)?:
4. Current expiration of redcyelopment plan: 2032
If the redeyelopmentplan.for the subject project area was adopted before tlin(i, and'the agency has elected to;apply
all orpart of Section 33413 identify the resolution date.and scope -(elected provisions):; Help?
Date: (mn-/dd/yyyy)*
* Note: If dd for the;daie:is not available assume 01
Scope:
5. Project Area Time,.Limits:
(a),Expiration date of Redevelopment Plan (mm/dd/yyyy):
(b):Expiration date to, incur debt (mm/dd/yyyy):
'(c) Expiration date to receive' property tax revenue (mm/dd/yyyy):
(d) Expiration date to start Eminent Domain (mm/dd/yyyy):
Redevelopment Agency Reporting System - General Project Area Information
California DepartmentW Housing and'Communhy Development
06/18/2032
06/18/2021
06/18/2047
06/18/2013
rel
RDA Repof,.(iftg;System - Housing Fund Revenues
Page I of -.2
California Department of Housing and Community Development
Rodbvellbpment'Agency Reporting System
Housing Fund'Revenues & Other Resources Sch A p2
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Agency.:PETQLIUIVIA 1 Fiscal Year :2009/2010 Prepared" by: Sub Castellucci'
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For Project Area:PCDC.lVlEkbED PROJECT AREA
3. Pro . jectArea Housing Fund Revenues and Other Sources Instructions
• Select Year
• FAQ
NOTE.
• User -Info
Expenditures fo'r:deb.t service(HC D_ -C (Page 2, Line 4c.)) should bp reported an Agency
-wide -Financial
® Status
Information 4c.
a. Tax Increment
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(.1) 100% of Gross-,
i$16,426,473
(2).,Calbulate,Onlvl,.s.ef7aildel,amount (either (A) or,(B) below); -
A) Minimum De
Deposit required by,,33334.2 (Gro§*s�x 20%).
:$3,285,295
(B) Minimum Deposit rbqUiTddby 33333. 10 (0)
(Senate Bill'21 1,iChapter 741-, -Statutes of 2001')(Gross x-30%):-
(3) Tax Increme,n.t,All.o.c�.ite.d,tp.H6using Fund:
.$3j285,295
(A) Supplemental Educati I on, R . evenue Augmentation Fund (SERAF)
SUSPENS IOP4'. Only, alloWqd.Jh FY2009-1 0
H&SC Section 33334;2(k)allows agencies to suspend all or part of the set-aside
allocation on line 3a(2) to p6y,,qFY-2009-10.
If less than 20Wof the,%Gross'Tax� Increment (see (2) above) is being�setaside In this
-project area in
.
accordance with identify the project area(s) contributi-ng't1he-6ifference in the b ox below:
Or
Explain below if IessAhbn.2.,0% Is',being set aside for any• other reason:
Less:
.(4) Amount Exempted* f- $0
(5)';Anlouht Dbf&rr,ed*.
t,,A.rqqunt Exempted'.prA.mount:Deferred is entered, qfter'you SAVE, to -�o to Project Area
you need I
Activity Mend and ' !We 't' d ' Ex& ' nbtioh(s) And/Or Deferral(s)to enter Sc.h,.A data.
e I h
e .HbLj�ina-.rund-,'[Calculaited:from above, (3),- (3)-(A) - (4) $3,285,295
b. Interest Income:
c. Rental/Lease,lhcome:
d. Sale of Real Estate:
e. Grants:
f. Bond Administrative F'
7
RDA Reporting System - Housing, Fund Revenues Page 2 of 2
g. Repayment of Prior,-Y)e6r Deferrals:
$O
h. Loan Repayments* $1,462.710
L Debt Proceeds. -
j. :Other Revenue:
$23,110
(Specify)
Charges for service
k. Total Housing Fdrid Deposits for this Project Area (3a. through 3j
$4,819,504
FSave
Redevelopment Ajency,ReOorti.hg,.System - Housing Fund,Rev6nues :Other Resources
Califo,rni6 Doartment of Housing and Community pevelopnient'
RDA Reporting System - Construction of Affordable Units
Page 1 of 1
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'For Project Area:PCDC MERGED PROJECT AREA
10. Affordable Housing Units.Anticipated To Be Completed During the Next Two Years
Pursuant to Section 33080.4(x)(:10),, report the -number of very low, low, and moderate.income units to.be:financed
by any federal, state, local; or private source and constructed Insid'e;tte project area; within the next two years.
Identify any executed contract,or agreement and sPecify the estimated corripletion'date of these•future units and
the,amount of funds, if any, that make up Total Encumbrances: reported on HCUSchedule C. Item 8. Also, for any
unencumbered funds budgeted *and designated on HCD Schedule C;, Item 8 -for intended project use, complete as
much information as applicable.
!Name of )executionEst-Date of Sch.0 Amt. Sc6 C -Amt.
Cantrnetor/Project** I Date* I Completion* I. Encumbered, II Designated I) VL II L II M I Total
ILogan Place 1103/0:1/2008 I1'09/30/2012 II$0 II$1,750;Q00 1165 (I II 1165
Vintage Chateau Il 1108/0.1/2008 .1111/30/2012 11$000 Il $1.,0;000 1148 119 11 1167 1
11 110 1
1 JJIJ $b� II1UI1[�
* Note - Date should be,(mm/dd/yyyy) format. If dd for the date isnot availableaassume 01
** - mandatory field; if missing,:newfecord .will not be saved and and,existing record will be treated.as a deletion
Note - Additional rows -will tie -made available for data entry on Save
Save
Redevelopment--AgencyReporting System - Affordable Units to be Constructed •Withinthe Next Two Years
California. Department of Housing and.Community Development
Le
California Department of Housing and Community Development
a•^��.:
Redevelb meat Agency Repotting, System,5
=i-•-,AYr'
j(
.,.
Affordable.Unit§-to be Constructed Inside.the,Project Afea
Within the.Next Two Years Sch A; p6; Sch B, p2.
You are, Here: Select Year > Schedule Menu >Project Area Selector > Project Asea Activitv'Menu > Constructlori of Affordable Units
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'For Project Area:PCDC MERGED PROJECT AREA
10. Affordable Housing Units.Anticipated To Be Completed During the Next Two Years
Pursuant to Section 33080.4(x)(:10),, report the -number of very low, low, and moderate.income units to.be:financed
by any federal, state, local; or private source and constructed Insid'e;tte project area; within the next two years.
Identify any executed contract,or agreement and sPecify the estimated corripletion'date of these•future units and
the,amount of funds, if any, that make up Total Encumbrances: reported on HCUSchedule C. Item 8. Also, for any
unencumbered funds budgeted *and designated on HCD Schedule C;, Item 8 -for intended project use, complete as
much information as applicable.
!Name of )executionEst-Date of Sch.0 Amt. Sc6 C -Amt.
Cantrnetor/Project** I Date* I Completion* I. Encumbered, II Designated I) VL II L II M I Total
ILogan Place 1103/0:1/2008 I1'09/30/2012 II$0 II$1,750;Q00 1165 (I II 1165
Vintage Chateau Il 1108/0.1/2008 .1111/30/2012 11$000 Il $1.,0;000 1148 119 11 1167 1
11 110 1
1 JJIJ $b� II1UI1[�
* Note - Date should be,(mm/dd/yyyy) format. If dd for the date isnot availableaassume 01
** - mandatory field; if missing,:newfecord .will not be saved and and,existing record will be treated.as a deletion
Note - Additional rows -will tie -made available for data entry on Save
Save
Redevelopment--AgencyReporting System - Affordable Units to be Constructed •Withinthe Next Two Years
California. Department of Housing and.Community Development
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RDA- Reporting System - Agency Wide Financials Page I of 5
o Usbr Info
o Status
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o Logbut
1. Beginning Balance: .,$1,065,257
a. Describe and Provide Dollar Amount (Positive I Negative) Making Up Total
$6;353
Adjustments:
'adjust 06109 ending balance
b. Adjusted Beginning Balance: $1,071,610
2. Project Area Receipts and'Housing Fund Resources
a. Project Area(s)"R6celp!s (Total ofall Schedule As): $4,819,504
b. Housing Fund: Resources not reported on Schedule-A(s) '$b,
Describe and• Provide Dollar Amounts, (Positive,/ Niegative) Making Up Total Housing
Fund Resources:
increased note receivable
3. TOTAL RESOURCES : [Line lb + 2a.+ 2b�]
UiS91,114
10
California Department of Housing and'Community Development
Redevelopment Agency Reporting System
Agency -wide Financial I'afortnation- Sch'C, p1-4
You are Here:, Select Year >-ScKedule M666 > Agency.wide Financials
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Agency:PETALUMA Fiscal Year '2009/2010 Prepared by: Sue Castlellucd
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Financial Information successfully saved
Low & Moderate Income Housing Funds
® Select Year
Report on, the "status, and use of the agency's Low and Moderate Income Housing Fund."
Most information
FAQ
reported here should be based on.that reported to the State Controller,
o Usbr Info
o Status
a Print
o Logbut
1. Beginning Balance: .,$1,065,257
a. Describe and Provide Dollar Amount (Positive I Negative) Making Up Total
$6;353
Adjustments:
'adjust 06109 ending balance
b. Adjusted Beginning Balance: $1,071,610
2. Project Area Receipts and'Housing Fund Resources
a. Project Area(s)"R6celp!s (Total ofall Schedule As): $4,819,504
b. Housing Fund: Resources not reported on Schedule-A(s) '$b,
Describe and• Provide Dollar Amounts, (Positive,/ Niegative) Making Up Total Housing
Fund Resources:
increased note receivable
3. TOTAL RESOURCES : [Line lb + 2a.+ 2b�]
UiS91,114
10
RDA Reporting System -.Agency Wide Financials
4. Exaenditures Subtotal: Sch C, pl-3 #4
Page 2 of 5
$2,276,676
11
RDA, Reporting ° System - Agency Wide Financials
5. NET RES OUF2CES,AVAILABLE:
6. Encumbrances and Unencumbered Balance
a. Encumbrances (End of Year): Help?
b. Unencumbered Balance (End. of Year):
7. Designated/U'ndesighated. Amount of Available Funds:
a. Unencumbered Designated:
b. UnencumberedUndesignated:
https://ssw2':hcd.ca.gov/RD,A/financialActivityServlet.sry
Page 3 of 5
$3,614,438
$0
$3,614,439
$2,750,000
$864,438
12/9/2010
12
RDA Reporting System 7 Agency Widei,-Financials
8.. Total, fundAosats: 8chC. p316
Page 4 of 5
$28,794.553
13
R[]2\ Reporting - Agency Wide Financials Puoc5of 5
' -
SLTOTAL FUND /EC0ITY": $24,408.981
10. Reporting, Year, End'.0nen cum baredand 8abancd |nntrudtiona
a.Unemcunhbored o�Yamr�[Page 3.L�aG.b] $3^614.438
� '
b.Ifyou are eligible b�cMjuotthe Unencumbered Balance (End ofYear), identify the type and amount cfthe
adjustment.
(1�DubtPnoceedu: *O '
(2);LondSoleo �
'— -
c. Adjusted Unencumbered Balance: $3,614,438
11'. Excess. Surplusl Tax� Increment Deposit Calculation:
2008/2007-
$3l35,021
uuu/1eouu-Tax |nor6ment.
$3,277, 878
2OO8/288Q'Tax |nnrdmOn�
$3,297J9l0
FYDQ-1OF�apoftingYear �ay|nonan!qn�
$32Q5�295
Sumof�3Phor,Yaam'ohd�Reporting Year Tax: Increment:
$12,890, 110
12.Excess surplus toirach���dnQfiscal yearA10-20l1is:
$O —
Agency Reporting -
Financial Information
ouxpfnia Dep ,��eo��xowoirio�bnd:Cvmmunovo�voopnem
14
Page lof3
* p,mt'
• Logout a. Property Acquisition
(1)Land Assets (portion bfInc SbnU .
(2)Housing Assets (portion oyInc Jtmt): �
(3) Acquisition Expense:
�
- -' — --
(4)Operation cfAcquired Property:
'
�nobonCuu��
/^—^----
(5)Re--
/8)Relocation Payments: |
(7) Site Clearance Costs:
(8) Disposal Costs:
(9) Other:
Specify other:
(1[) Property Acquisition Subtotal: :$O
bSubsidies from theUWKHF
(17) 1st TTime!flomebuyqr Down Payment Asoistanc*:, �
�2� ,`-'--__-
,/��n�|Gu��d�o� $174.126
UdyCnv(33413(6)2(B)7
$612j349
' othar.
progtarn
cosidies to
(5) Subsidies.from the-LMIHF Subtotal: $786,475
15
Cal ifornia Department nrHousing and Community Development
`
Redevelopment System
~' 'O�O
Agency-wideExaendituuso�SchC
You are Here: Select Year "Schedule P�en'> Aoonu mx vpmnnmals"^mempWmus�pendjmm
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AgenqcPsT-ALUMA Fiscal Year :2Dnmxz01u Pmpamdby-auecuaeouun)
" «umm
The line items below ove!'npanifioline items, from the State Controller's Annual Report ofFinancial
Transactions of Community Redevelopment Agencies to facilitate preparation ofthEi report.
° Select Year
Dollar amounts for mostiba b -plow from what mpnit.6dpnthe StabsCqntcoUe/sAnnual Report ofFinancial
" FAQ
TranuooiionoofQomm6ndyRedovelopmentAAencieu.Conuo|idoted|hooma8tatement.axoapt for
" uuw,1nm
nao|aesiiyingofTidnsfen»-Outbo/ntamo|Fundaondtheraport|ngofOtherUeaoaodiouuouedbn|nvv.
° atams
4.Expenditures and Other Uses
* p,mt'
• Logout a. Property Acquisition
(1)Land Assets (portion bfInc SbnU .
(2)Housing Assets (portion oyInc Jtmt): �
(3) Acquisition Expense:
�
- -' — --
(4)Operation cfAcquired Property:
'
�nobonCuu��
/^—^----
(5)Re--
/8)Relocation Payments: |
(7) Site Clearance Costs:
(8) Disposal Costs:
(9) Other:
Specify other:
(1[) Property Acquisition Subtotal: :$O
bSubsidies from theUWKHF
(17) 1st TTime!flomebuyqr Down Payment Asoistanc*:, �
�2� ,`-'--__-
,/��n�|Gu��d�o� $174.126
UdyCnv(33413(6)2(B)7
$612j349
' othar.
progtarn
cosidies to
(5) Subsidies.from the-LMIHF Subtotal: $786,475
15
RDA Reporting System - Agency -wide Expenditures
c. Debt Service (33334.2(e)(9))
(1) Debt Principal Payments:
(a) Tax Allocation, Bonds & Notes:
(b) Revenue Bonds & Certificates of Participation:
(c) City/County Advances & Loans:
(d) U. S. State & Other Long -Term Debt:
(2) Interest Expense`.
(3) Debt Issuance Costs:
(4) Other:
Specify other:
(5) Debt Service -Subtotal: $0
d. Planning and Administration Costs (33334.3(e)(1'))
(1) Administration Costs: $336461
,w.
(2) Professional Services (riot 4project based): $29,608
(3) Planning, Survey/Design ,(not.project based):
(4) Indirect Nonprofit Cosfs,(33334.3(e)(1)(B)):
(5) Other: 1$.117,71:7
Specify other:
Son.Co. collection fee -,4.7.,067;
intragover-nmental fees - 70,650
(6)'Planning and Administration Costs Subtotal: $483,786
e.:On/Off-Site Improvements (33334.2(ej(2)):
f: Housing.Construction (33334.2(e)(5)):
g. Housing Rehabilitation (33334.2(e)(7)):
h. Maintenance of Mobilehome Parks, (33334.2(e)(10)): -
i. -Preservation of At -Risk Units (33334.2(e)(11)):
j. Transfers, 0ut of Agency .
Page 2 of.3
LG
RDA Reporting System - Agency -wide Expenditures
(1) For Use Outside Community:
(2) For Transit Village Development. Plan (33334.19):
(3) Excess.Suiplus (33334.12(a)(1)(A)):
(4) Other: $1,006,415
Specify other:
AD 17 reimbursement - 20,264; increase
in notes receiveable - 186,146;
interfund loan payment - 800,000 !,
(5) Transfers Out of Agency Subtotal: $1,006,415
k. SERAF loan [Sec 33334.2(k)j
I. Other
Specify other:
Total Expenditure: $2,276,676
Save
Red evelopment;Agency Reporting System - Agency Wide Expenditures
'California Department of Housing and Community Development
Page 3 of 3
17
RDA Reporting System - Other Housing.FUnd Assets
;,:_ ,• _,. California. Department of Housing and Community Development
f•..° _"�= Redevelopment Agency Reporting. System
Other Housing Fund Assets - Sch°C, p3#6
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8.0 ther Housing Fund Assets (non recurrent receivabies),�not included as part of line 5
(a) Indebtedness for Set -asides Deferred (Sec. 33334.6):. Help?, (Sch A(s) Line 5d(2)] $0
(b) Value of Land Purchased with Housing Funds and Held. for'Development of Affordable
Housing:
(c) Loans Receivable:for•Housing Activities:
(d) Residual Receipt.Loans
Page 1 of 2
M�,
a N� �
(e) SERAF Total Receivable [Sec: 33334.2(k)]: $0
(f) ERAF Loans -Receivable (all years) (Sec. 33681,):,
(g) Other Assets: $20,794,553 -
Specify other:
Notes Receivable. 22,'494.553 (less liabi
— pity on N/R
1,700,000) = 2'0, 794', 553
(h) Other housing fund assets Subtotal: $20,794,553
Save
18
R.DA.Reporting System Other Housing FUnd.Assets
Redevelopment Agency Reporting System -;Other Housing Fund Assets
California Department of Housing and"Community`aevelopment
Page 2 of 2
wt
RDAReporting,System - N isc. Information Page 1 of 2
Cal ifomia'De artment of Housing anddCommuni D'evelo ment '
Redevelopment Agency Reporting System
Misc Information Sch C. p6,7
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15. Use'.of the Housing Fund to assist mortgagors
® Select Year Section 33334.11requires agencies, which have.'used the Housing: Fund to assist.mortgagors in a
o FAQ' homeownership mortgage revenue bond program, or. home financing program describe&inthat
o user; Info Section, to provlde_the following information:
o status a. Has,your agencyyused the, authority related'to definitions ofincorne orfamily size adjustment
factors provided iri Section 33334.13(a)?
o Print
Yes No :._: NA'io:;
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b. Has the agency complied with requirements,in Section,33334:13(b) related to assistance for very
low income households equal to twice that7provided for above moderate -income households?
Yes( Na':.' NA=:A''
16. Use of non-LMIHF funds as matching funds for the FederaLHOME or HOPE program
If the Agency5used non-LMiHF funds as matching funds;for the Federal, HOME or HOPE program
during the reporung',period, please indicatelhe_ amount,of non-LMIHF rfunds that Were used for either
HOMEor'.HOPE program support.
.............------- ..... -
HOME $a HOPE $a
18. Use of Other Redevelopment Funds for Housing
Please briefly describe"the, use of any non-LMIHF redevelopment funds -(Le., contributions from the
other:80%;oftax `'incr6nient revenue) to construct, improve, assist, or preserve housing in the
community.
19 -Suggested Resource needs
1Nhat,additional'trainingi information, authority, or other,resources:,would'help your. agency• more
quickly�and effectively use its Housing Funds. to.increase, improve, and preserd'affordable housing?
20, Annual, Monitoring Reports of Previously Completed Affordable,'Ho'using°Proiects/P' ograms (H &
S. coder33418)
Were all Annual Monitoring. Reports received for all prior years' affordable housing
20
RDA Reporting System - Misc. Information
projects/programs?
Yes :A N0.1_)
21. Excess Surplus Expenditure Plan (H & S- code- 33334.10(a))
Excess Surplus Plan.Adoption Date
22. Footnote
Save
Redevelopment Agency Reporting. System- Misc �lnformation
California Department of Housing and Comrnunity. Deveiopment
Page 2 oft
21
REPORT
ATTACHMENT #3
Annual Blight Progress Report
FY 2009-2010
Prepared for:
Petaluma Community Development
Commission
December 2010
Seffel
CONSULTINGINC.
221 Main Street
Suite 420
San Francisco CA
94105
415.618.0700
fax 415.618.0707
www.seifel.com
22
The-Peialuma Community Development-Commission.(PCDC) was activated on
December 1,.1975; and exercises all the powers authorized under the
Constitution and thelaws of the State of California, including the California
Community Redevelopment Law (CRL, Health and Safety Code, commencing
with ,Sectibn 330,00). The seven members of the City Council serve as the
governing body of the Commission. The;City. Manageracts as'the Commission's
Executive Director, with assistance from theIfousing Administrator and
Coordinator. The City Attorney acts as PCDC Counsel. The City's Finance
Director serves'as PCDC Treasurer, and the City Clerk serves as PCDC
Secretary.
The; P..CDC.'is charged with the goal of eliminating;blight within the
redevelopment -project areas through -the process ofredevelopment. The PCDC
exercisesiall'authorized governmental functions. in carrying out projects and has
the autliorityto, acquire, develop, administer, and:sell-or lease property in
accordance-with_the CRL. This authority' 'includes•the right of eminent domain,
under certain, conditions, and the, right to issue ,bonds; notes and other evidences
of indebtedness and expend their proceeds.
The -PCD - C'currently administers programs and projects.in.two funds: one
combined;fundTor the Central Business District and Petaluma Community
Development Project Areas and theother•for the. Low.and Moderate Income
Housing_Furid. The Department of Public Works implements capital
improvemeiit projects of the PCDC.
This progress report.has been prepared pursuant to the requirements of the CRL
(Health' & Safety'Code. Section 33080..1(4)) With tespect to the PCDC's progress,
actions and, expenditures in alleviating .blight. Accomplishments are grouped as
follows:
O Central Business District (CBD)
O Petaluma Community Development (PCD)
® Both Project Areas
23
Aceomplishents
Central Business District Project Area
Petaluma Railroad Depot Renovation and Leasing
The Petaluma Railroad Depot is owned -by- Sonoma Marin Area Rail Transit
(SMART)4nd leased to the Ciy fora period of 25 years starting in 2003. As a
condition.of the lease, the City renovated.the historic buildings to prevent further
deterioration and to prepare them for sub -leasing for,public or quasi -public uses,
Upon completion of the renovations, the City. entered into lease. agreements for
the main -building with the Petaluma Visitors Center and for the freight building
with the'Petaluma Arts Council. In total,, Petaluma contributed over $4 million to
coimplete.this project. For FY 2009/10, the.PCDC;provided $14,400 in lease
payments. $12;000 were payments made;to,+SMART and $2,:400 were payments
niade:to Ice.House LLC.
Fire Sprinkler Program
In 2004, the City, mandated that sprinklers be -installed in most downtown
basements.by 2010 and in themain.buildings by,2016. This -program offers
financial assistance to the affected downtowmproperty owners. Initially the City
offered subsidies of $5,000 each for�above-ground sprinklers and basement
sprinklers'. Later, :grants of $1 per square:foot'-were offered in addition to no-
interest'Toaiis of- $+per square.foot,to;b'e paid`:back over 10 years. The Petaluma
City Council, acting,as PCDC- Board; members,.approved the change believing it
to be more, equitable to owners'of both targe :and;small buildings and a better
incentive1or gettingthe sprinklers installed. In FY 20:09/10, the PCDC allocated
approximately.$5,0;000 for this program,`but•no=expenditures: were incurred. This
is an ongoing program and`will continue to,be funded through the
Implementati6ftPlati pehod and`beyond.
Petaluma DbW..nto.wn Association
The'Petalurna,Downtown, Ass ociatiori,(PDA):is;a_network of businesses, property
owners: and individuals. The PDA.acts as a liaison between downtown businesses
and the -.City of Petaluma:to achieve their. joint goal of maintaining the.historic
downtown: as an active. -and dynamic retail center. Some of the•PDA's economic:
de'vel'opment:and;dowfitown,revitalization efforts,are,supported,by the PCDC.
Tlfe PDA also promotes the downtown's, economic:vitality'by providing
advertisements for PDA merchants and.org"anizing.n ajor annual events, such as,
the Butttter•arid Eggs,Parade, which,,draws over2; 500' people. each'vear. In
FY 2009/10; the PDA received $50;000 from the PCDC.
24
Storefront Improvement Loan`:Program
The prograin,provides low-interest loans;to:owners.of properties located^in
downtown.. The loans are for,exterior repair, rehabilitation and painting'. In
FY'2009/10 PCDC allocated $50;000o tliis program, but no expenditures were
incurred. With the hiring of an Economic Development/Redevelopment
Manager, storefront loans" are expected to be -issued in 2010-2011.
Petaluma Community Development Project Area -
Old Redwood Highway Interchange.
This project will upgrade the Old RedwoodJR.ghWay .101 interchange to meet
currenUstandardsi,and future traf�rcrequirements. The proposed interchange
,includes ramp widening and reconfiguration, traffic operations system
improvements, an"over-crossing structure widening to six lanes, including
bicycle lanes, and enhanced signalization'improvements at the intersections.
Together with Sonoma County Transportation Authority's Highway 101 High
Occupancy Vehicle (HOV) highway wideningproject, the projects Will provide
both safety and, congestion relief enhancements.
The.,project has a $_10 million MeastireaM.fUnds "allocation.:City/local funds will
pay for the remaining. approxinrately;$19 milliori_ofcosts, including PCDC's
total contribution_ of $10'million .as well'as approximately $1.3 million from
developer contributions in FY 2009710. Redevelopment funds .will continue to be
contributed over the next" two fiscal'yeam Construction is anticipated to start in
2012 and be completed in 2014.
East; Washington Interchange
'This &gjectimoroyes or will improve the East Washington, Street interchange
withHighway`10;1 byadding anew northpound'on=ramp-arid,realignirig the
existing"southbound on-ramp. The pr_ojec"t:is currently being designed by an
engineerin&consultant andwill be constructed' -by 4CalTrans using a variety of
State, Measure M. and local. funds. Woik,is expected`to.;be complete in 2013. The
PCDC contributed, approximately $1,1'83,000 to the.project in FY 2009/10.
Rainier Cross -Town Connecto0nterchange.
'This ,project will provide a new interchange on'US' 1'01'.that will connect the west
side--of,Petaluriia to"the<east'side. In.conjunction,with neWjroad,imp'rovements, it
�Will.provide an additional roadway connecti'ori'b'etween MdDowell.Boulevard
North;and,Petaluma Boulevard North.:and:opeirup underutilize.d'portions of the
RCD Project Area for reuse. Public Works=envisions'.hi's projec,t:;as'independent
25
of :other freeway projects and will design it to accommodate the, proposed
widening.on.US 10.1. Completion of the project is expected in 2015. In
FY 2009/10; PCDC allocated $3,000,000'to the project.
Caulfield Extension from Lakeville Street to the Petaluma River
When completed, this project -will extend:Caulfield Lane from Lakeville Street
across, the railroad and the Petaluma River --to Petaluma.Boulevard South. The
extension,will include a new at -grade, railroad crossing and.a new river crossing,
which will -create a southern cross-town.connector. and access to future
development sites.
The first --chase of.the.,railroad crossing;project was completed in.Fall 2009. The
remainder of the.project began eonstruction.iin.late.2009 and will be completed in
early 2011. The project received approximately $555;000 from PCDC in
FY 2009/10.
River Trail D'esi'gmfor Top of Bank
This project implements the Petaluma ,River Access and Enhancement Plan from
Lynch Creek,toWashington Street; -primarily-developing pedestrian/bike paths
along the river.'The expanded trail,.will link the; dead end at Lakeville Street with
a new•pedestrian bridge_ over the PetalumaRiver at North Copeland Street.
Plans for the%ri-ver trail 'ate corriplete,-Construction will begin upon completion of
a floodwall' being built by the Army Corp of'Engineers which.is expected to
occur in 2011. In•FY'2009/10;,PCDC:contnbuted;approximately $85,000 toward
the project: Tmillion from the SCTA Measure ATfund will reimburse PCDC for
the total amount:contri'buted throughout -the project.
Brownfields. U.S Environmental- Protection Agency. (EPA)
Program
This program is directed at property owners in,P.etaluma;who have had trouble
expanding or: redeveloping their land due,. -too -underground pollution. The program
is backed�by,$400,000:from one -.round' of assessment --grants, $400,000 from a
second.rourid of assessment grants; and a. $'l 'million clean-up revolving loan fund
grant from the Edvironmental Protection A'gency.:By removing eoritamination
arid pollution, thezoWher can sell or_redeyelop'tfie property,`thereby ihicreasi'rig its
resale;:value, and property tax- revenue'Jhe'-first,round. of assessment work was
very successful: The remaining assessment-and,cleamup.work is.in,process. In
F. 2009/10,.PCI5C contributed.approximately $26;300-foward`the project.
IM
Auto Center Drive Extension -
This project will,extend Auto Center. Drive 'to connect with Petaluma Boulevard.
Eliminating the current dead end .street w_ ill enhance vehicle circulation and
potential development in the area.
In FY 2009/,10 PCDC contributed $174,000 toward the project. Construction will
be completed'in FY 2010/11 and PCDC is expected to contribute an additional
$1,172,000 in FY 2010/11 for a total of $1,346;000.
Payran Underground Storage Remediation Project
This project provides for a peer.review and funding for City staff costs: related to
the remediation of 301 Payran Street. The: underground storage tank at the site of
the former;'fire station has had an extensive liistoiy of subsurface investigations
and remediation work since 1988. Groundwater sampling and analysis has
confirmedthat both.onsite and offsite' groundwater is, impacted with petroleum
hydrocarbons and PCDC has an obligation°to they tate Water Resources Control
Board to continue remediation at the 301 Payran'Street site. In FY 2009/10
PCDC contributed approximately $12,000 toward the project.
Both Project Areas
Economic Development Strategy=and I-rri.plementation Plan
The Economic. Development. Strategy a &l. niplementation Plan builds on the
community's vision, values and goals as.articulaied.in-the recently -adopted
Comprehensive_.Plan. The strategy is; built, ow a foundation. of economic and
demographic analysis and is suppofted'byextensive public input,and dialogue.
The .strategy°provid'es,recommendations,6n:activities, investments and programs
to help create quality jobs and a business climate 'supportive of business
development and,growth. In FY 2009%10' PCDC' contrifiuted approximately
$141;000..to the development of the_Economic Development Strategy.and
Implementation Plan'. The Economic Development�Strategy and Implementation
Plan was accepted by the City Council in -November,. 2010.
ADA -.Self Evaluation and Transition`Plan
The.City of Petaluma is_ prepariing an update of its.Americans .with Disabilities
Act (ADA) self:`evaluation and transition plan. The,update: includes an evaluation
of the programs, services and activiiies offered by the City, as well-as,a-physical
assessment of City facilities and right of ways thtoughoUthe Project Areas. `The
Reportwill-assist the Cityand PCD.Cin developin&barrier removal solutions that
will facilitate the opportunity of access to all individuals-. In FY 2009/10 PCDC
contributed approximately $19;000 to developmenf.of the transition plan. The
27
ADA Self -Evaluation and Transition Plan was presented to the City Council and
public on.December 20, 2010.
Unreinforced Masonry Program
The program provides subsidies to property owners who make seismic retrofits to
qualified unrei'nforced:masonry (URM) buildings. Over the life of the program
PCDC has" -contributed approximately $118,000 to URM,retrofits. In FY 2009/10,
PCDC-.allocated approximately $25,000 for this, -.program, but no expenditures
were incurred.
I, � , lul I i =
Departmental Staffing
Departmental staffing for FY 2009/Mmay be found'in the
City. of.Petaruma:FY 2009/10 Adopted Budget.
FY 2009/1.0 Financial Summary
Section -330804(b) of the CL'R requires a.fiscal statement for the previous fiscal
year. Please. contact Marc Puckett, Finance Director, --for more details.
28
ATTACHMENT #4
Supplement to the Annual,Report of Community Redevelopment Agencies
Redevelopment Agency, ID:Number: 13984965:000
Name,of Redevelopment Agency: Petaluma Community Development Commission
Mark.the appropriate box.below to indicate the ending date of your agency's fiscal year. Report
data for that period only.
r7l September 2009 r, December 2009 r June 2010
Returnthis form to the California, State Controller's Office. If you have any questions
regarding this form ple.ase:.contact:.
U.S. Bureau:;oftheCensus, Shannon Doyle, 1-800-242-4523
A. Personnel Expenditures
Report your governmerit's total ..expenditures for salaries and wages, during the year, including
ainounts paid on force account construction projects.
1 400 ( $ -661, 5 71 1
B. Mortgage Revenue Bond Interest Payments
Report your government's total amount of interest paid on mortgage revenue bonds during the
year.
U20 1 $ o
FM
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CALCULATION OF AVAILABLE RE -VENUES
AGENCY NAME t3etaluma ,Corrimunity Development CommISS10.1,
PROJECT AREA Merged, Project Area
TAX 'YEAR. 2010-2011, .
RECONCILIATION DATES: JULY i, 20109 TO JUNE 30, 2010
1.- BejinnIng Balancej AyailablbRevenues
$
20;384,078.00
(See lnstrucflo'ns)
,Tax I ncriament' Received, - Gross t8D
$
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Z Tax Increment Kkeiived
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l6ss,zsec 33676
$
(797,690.00)
All Tax.l rfcreme,ht�'Revendes,,t6 iridludirigany Tax Increment
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passedjhrough:jo other local Wx1hg; agencies
3. All otherAvallable Revenues Received
(Se6"Instruc'tIbm)
4, Revenues from any dther.s6 , urce, included
Iff Column E of the, Reconciliation
Statement, but not-inciuded�,'1h (1 --3) above
5. Sum ofrLines 1 through 4
$
36,713,685.00
6. Total amounts paid:.agajn§t1ndebt4dness
in.previous year. (D,+lE on Reconciliation Statement).
S,
19,424,347.00
7. Available Revenues, End -of. Ydarl (5- 6)
11,289,3318.00
FORWARD THIS AMOUNT10 STATEMENT OF INDEBTEDNESS
NOTES
Tax Increment Rbvenues:
The;only'arnount(S) tO;be excluded'as TaxIn6remerit Revenue are any . j� rn . 1?qnts;6issed througWlto;other local taxing
agencies pursuant. to Heatth'ancltafify bode'Sectioh 33676. Tax, Irice6inefiti R6y._nue• set=aslda, In the Low and
Mot[eIq
rate Incorne,, Housing, be calculation, Fund Will washed in tWabdv6-dalcUI - on, and therefor �ornitte6 fiom Available;
Reveh 4es at Year end.
`jteni1.4..abcve:,
This re presents. any;payments from . ",a-nV sbuice other than Tax increment Oft. available revenues. For,ip.starice, an
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as fullyrepaid7urider the ",other' colo nn,,(Col E),, butwlthfun& that -were neither Tax ,iricrem'erit,'nor '!AvaHbbld Revenues"
a6d6fined. The amounts 'used' .to satisfy_ this DDA would be included' on 1ide 4, a6ave.m.order 16 accurately
determine ending "Available Revenues!'.
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79R
Reeppeil.iation Statement - Description of Adjustments
Agency: Petaluma-Community']Development Commission,
pr6ject-Arew
-Mereed Proie6t'Atea
Date:
June -A-1909
Reconciliatidn
Sheet
DescriOfiowof Adjustment
,,page.and line:
Amount
P" g
I
-prq)ec area's pass througfi.based'upouccnputation aftequired.paynent
Lim
S
5,074,838.00
Pgrequirement
ficifLow andModeratEdricome
Line..
G
146wing,fun d's;,Amount.coinputed based on An Lai: d 6broutstanding.
$
2,749,514.00
Pi
I
Line
H
Nbw,�cor=*iimeritefbudgeted ftmds.,,
S
277;400,00,
Pg
Line
A
I)ecreaseia.,out'sbndingiindebted'ffess/biidgdt`doniriiitrnenL.at yeanend.
S
.(5,000.00)
2
Litre
B
Decrease io,otitiiadding:ifidebtediiest/btidg6t'doftiinitriient-at year end.
$
(25,000.00)
pg
Line
C
Ne-,Y,,comvaitinent'b-f'bud.geted,ftihds:
$
45,000.00'
P9;
I
I
Line,
D
Newcommitdiciit.,,ofb6dget6d°ffinds.,
S
9"000.00•.
Pg.
2
Line
E
rjecrease'tmpuwarfdi , ng.ffidebt6dh6ssIbudget conimitinent at -year end;,
$
(25,000.-00)
Pg
2
Line
T.
140-wdoraisiifinehf of,bud.kef6d"funds.
$
11j6600,
Line
G
Cbtiifiiitiii6'nf.df-,f6&s"paid'to=Trustee,ib connect on�.%Yiih.allocation-,bttix`ifict-effieriE
$
34j475.00,
Pg
Line
H
Ne4V.'ddrri'rfiitiu66i:of,,bud'g6ted Rindi.
$
1.50,000.00
Pg
21
Line
I-
C()Tnrhitfees�pald io!Sonorna:.Caunty.in connection -with collection.df tax increment.
$
40j,'943.00
PI;
Line.
I
Decrease .fo:oiitiipndibg-in(iiblednessibud,get comfnitriient-at-ydatlend,.
t $
i 000OOA*1
Pg�•
U66
K
SUPPtemaiiiUl.Vdu'ci Onal-'kevenuezAti one dtatiofi',F61id-6bliAation.per?HSC-'-3360bz5
$
5;079:099:00.
Li'ne-
?t
Lfife
Linc
9
'
L ne
Line
P,gT
'
Line-
Grafid;T(nal
$
13;081;$29;00
37
ATTACHMENT #6
AGENCY'S OUTSTANDING LOANS
PETALUMA COMMUNITY DEVELOPMENT COMMISSION
LOAN REPORT
7/1/2009-6/3/2010
As of June 30, 2010, the Commission had the following notes receiveable:
Housing Loans:
FTHB Program
$ 4,399,875
Old Elm Partners
1,305,961
Roundwalk Village Partners
933,400
Boulevard (Buckelew) Project
480,200
Downtown River Associate LP
3,662,836
Edith Street Apartments Inc
889,964
Lieb Senior Apartments Inc
810,241
Parklane Apartments, Corp
164,486
575 Vallejo Street Association
851,184
579 Vallejo Street Association
990,000
Casa Grande
198,445
Wood Sorrel
1,144,537
Logan Place
2,343,219
Salishan Apartments Inc
388,380
Vintage Chateau 11
2,499,825
Total Housing Loans 22,494,553
Storefront Loan Program 251,670
TOTAL $22,746,223
Defaulted Loans:
Housing — First Time: Homebuyers Program -
4 — Foreclosed properties with Agency loans $ 483,500
38
ATTACHMENT#7
AGENCY OWNED PROPERTIES
(There are no Agency Owned Properties)
39