HomeMy WebLinkAbout012313 OB SARDA Agenda In compliance with the Americans with Disabilities Act, if you need special assistance to participate in this meeting, please
contact the office of the City Clerk (951) 694-6444. Notification 48 hours prior to a meeting will enable the City to make
reasonable arrangements to ensure accessibility to that meeting [28 CFR 35.102.35.104 ADA Titie II].
� NOTICE/AGENDA
OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE.
TEMECULA REDEVELOPMENT AGENCY
GREAT OAK CONFERENCE ROOM
41000 MAIN STREET
JANUARY 23, 2013 — 6:30 PM
Next in Order:
Resolution: 13-1
CALL TO ORDER: Chairperson John Meyer
Roll Call: Meyer, Thornhill, Gonzales, Kelliher, Ordway-Peck, Sparkman,
Turner,
PUBLIC COMMENTS �
A total of 15 minutes is provided so members of the public may address the Commission
on items that are not listed on the Agenda. Speakers are limited to three minutes each. If
you desire to speak to the Commission about an item not on the Agenda, a salmon
colored "Request to Speak" form should be filled out and filed with the Commission
Secretary.
When you are called to speak, please come forward and state your name for the record.
For all other agenda items a"Request to Speak" form must be filed with the Commission
Secretary prior to the Commission addressing that item. There is a three-minute time
limit for individual speakers.
CONSENT CALENDAR
1 Minutes
RECOMMENDATION:
1.1 Approve the action minutes of December 19, 2012.
BOARD BUSINESS
2 Approve the Housina Asset List and Direct Successor Aqencv to Transfer Housinq
Assets to the Housinq Successor Agencv.
RECOMMENDATION:
2.1 Adopt a resolution entitled:
RESOLUTION NO. OB SARDA 13-
A RESOLUTION OF THE OVERSIGHT BOARD OF THE
1
SUCCESSOR AGENCY TO THE TEMECULA
REDEVELOPMENT AGENCY APPROVING THE HOUSING
ASSET LIST AND DIRECTING THE SUCCESSOR AGENCY
TO TRAN$FER HOUSING AS$ETS TO THE HOUSING
SUCCESSOR AGENCY PURSUANT TO HEALTH AND
SAFETY CODE SECTION 34181(C)
ADJOURNMENT
Next regular meeting: Wednesday, February 13 2013, 6:30 PM, in the Council Chambers,
41000 Main Street, Temecula, California.
Da� �d � (.�•
_ usan W. Jones, MC
Bo cretary
NOTICE TO THE PUBLIC
The Agenda wili be available for viewing, prior to the meeting, at the Main Reception at Giry Hall — 41000 Main Street;
Temecula, 8;00 — 5:00 PM as well as on the City's website — www.citvofiemecula.ora. Any staff reporVwritten
material pertaining to this meeting will be avaiiable, prior to the meeting, for public review at the Main Reception and
at the respective meeting. Any Supplemental Materfal distributed to a majority of the Committee Members
regarding any item on tFie Agenda, after the posting of the Agenda, will be-available for public review at the Main
Reception. In addition, such material .will be made available for review at the respective meeting.
If you have any questions regarding any item of business on the Agenda for this meeting, please contact City Hall —
951-694-6400.
2
� �
ITEM 1
�
��
�
In compliance with the Americans with Disabilities Act, if you need special assistance to participate in this meeting, please
contact the office of the City Clerk (951) 694-6444. Notification 48 hours prior to a meeting will enable the City to make
reasonable arrangements to ensure accessibiliry to that meeting [28 CFR 35.102.35.104 ADA Title II].
ACTION MINUTES
OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE
TEMECULA REDEVELOPMENT AGENCY �
GREAT OAK ROOM
41000 MAIN STREET
DECEMBER 19, 2012 — 6:30 PM
Next in Order:
Resolution: 13-1
CALL TO ORDER: Chairperson John Meyer
Roll Call: Thornhill, Gonzales, Ordway-Peck, Sparkman, Turner
PUBLIC COMMENTS �
A total of 15 minutes is provided so members of the public may address the Commission
on items that are not listed on the Agenda. Speakers are limited to three minutes each. If
you desire #o speak to the Commission about an item not on the Agenda, a salmon
colored "Request to Speak" form should be filled out and filed with the Commission
Secretary.
When you are speak, please come forward state your name for the record.
For all other agenda items a"Request to Speak" form must be filed with the Commission
Secretary prior to the Commission addressing that item. There is a three-minute time .
limit for individual speakers. NO SPEAKERS
CONSENT CALENDAR
1 Minutes
RECOMMENDATION:
1.1 Approve the action minutes of December 12, 2012.
BOARD BUSINESS
2 Adopt the Successor Aqencv to the Temecula Redeveloqment Aqencv Due Diliqence
Review and Convene Public Comment Session
RECOMIVIENDATION:
2.1 Adopt a resolution entitled:
RESOLUT10N NO. OB SARDA 12-
A RESOLUTION OF THE OVERSIGHT BOARD OF THE
SUCCESSOR AGENCY TO THE TEMECULA
�
�
REDEVELOPMENT AGENCY APPROVING THE DUE
DILIGENCE REVIEW OF OTHER REDEVELOPMENT
FUNDS CONDUCTED PURSUANT TO HEALTH AND
SAFETY CODE SECTION 34179.5
ADJOURNMENT
Next regular meeting: Wednesday, January 9, 2013, 6:30 PM, in the Council Chambers, 41000
Main Street, Temecula, California.
Date John Meyer -
Chairperson
NOTICE TO THE PUBLIC
The Agenda will be available for viewing, prior to the meeting, at the Main Reception at City Hali — 41000 Main Street,
Temecula, 8:00 — 5:00 PM as well as on the City's website — www.citvoftemecula.orq. Any staff report/written
material pertaining to this meeting will be available, prior to the meeting, for public review at the Main Reception and
at the respective meeting. Any Supplemental Material distributed to a majority of the Committee Members
regarding any item on the Agenda, after the posting of the Agenda, will be available for public review at the Main
Reception. In addition, such material will be made available for review at the respective meeting.
If you have any questions regarding any item of business on the Agenda for this meeting, please contact City Hall —
951-694-6400.
2
�
ITEM 2
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1 � /
Y, - •
THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY
TO THE TEMECULA REDEVELOPMENT AGENCY
AGENDA REPORT
TO: Board of Directors of the Oversight Board of the Successor Agency to the
Temecula Redevelopment Agency
Patrick Richardson, Director Development Services for the Successor Agency
FROM: to the Temecula Redevelopment Agency
DATE: January 23, 2012
SUBJECT: Oversight Board Acceptance of Successor Agency to the Temecula
Redevelopment Agency (SARDA) Housing Asset List and Formal Direction to
Transfer all SARDA Housing Assets to the City of Temecula as the Housing
Successor Agency per Health and Safety Code Section 34181(c)(f)
PREPARED BY: Luke Watson, Senior Planner for the Successor Agency to the
Temecula Redevelopment Agency
RECOMMENDATION: Adopt a resolution entitled:
RESOLUTION NO. OB SARDA 13-
A RESOLUTION OF THE OVERSIGHT BOARD OF THE
SUCCESSOR AGENCY TO THE TEMECULA
REDEVELOPMENT AGENCY ACCEPTING THE SUCCESSOR
AGENCY TO THE TEMECULA REDEVELOPMENT AGENCY
HOUSING ASSET LIST AND FORMAL DIRECTION TO
TRANSFER ALL SUCCESSOR AGENCY TO THE TEMECULA
REDEVELOPMENT AGENCY HOUSING ASSETS TO THE CITY
OF TEMECULA AS THE HOUSING SUCCESSOR AGENCY
Discussion
Staff recommends that the Oversight Board adopt the attached resolution, (i) accepting the
Successor Agency to the Temecula Redevelopment Agency (SARDA) Housing Asset List (HAT)
and (ii) formally direct the SARDA to officially transfer all of the SARDA housing assets listed in
the HAL to the City of Temecula as the Housing Successor Agency.
Health and Safety Code Section 34176 which is set forth in Part 1.85 provides that a city that
authorized the creation of a redevelopment agency may elect to retain the housing assets and
functions previously performed by the redevefopment agency. If a city elects to retain the
responsibility for performing housing functions previously performed by the redevelopment
agency it assumes all rights, powers, duties, and obligations subject to certain qualifications.
On January 24, 2012 the City Council adopted City Council Resolution 12-11 electing to retain
the housing functions of the former Temecula Redevelopment Agency.
1
;�
AB 26 X1 and AB 1484 Section 34176(a)(2) Mandate that the SARDA prepare a Housing Asset
list (HAL). The HAL includes all of the following housing assets held by the SARDA: �
• Real Property Assets
• Encumbered Funds
• Loan or Grant Receivables
• Rents and payments from operations used to maintain affordability and for affordable
housing-related enforceable obligations
• Amounts owed to the Low and Moderate Income Housing Fund (LMIHF) �
• Mixed used assets �
• Housing bond proceeds
On August 1, 2012 the SARDA delivered the complete HAL to the California State Department
of Finance (DOF). On August 31, 2012 the DOF delivered a letter to the SARDA in which the
DOF disputed the housing assets status, per the definition of a housing asset under the
provisions of AB 1484, of two housing assets on the HAL. The two housing assets disputed by
the DOF include: ,
1. Housing Asset Transfer List Exhibit A, Item #4 (Diaz Property)
2. Housing Asset Transfer List Exhibit C, Item #1 (3` and Front Street Owner Participation
Agreement)
The DOF did confirm in its letter dated August 31,.2012 that all of the assets listed in the HAL,
besides the two assets defined above, are housing assets under the definitions of housing
assets in AB 1484.
Per H&SC Section 34176(a)(1) all housing assets of the Former Redevelopment Agency were
transferred to the "Housing Successor" by operation of law. Due to this fact and because the
SARDA believes that all of the housing assets listed on the HAL are housing assets as defined
by AB 1484 the SARDA is recommending that the Oversight Board approve the transfer of all of
the housing assets listed in on the HAL to the City of Temecula as Housing Successor Agency.
The SARDA also recommends that all housing assets listed on.the HAL should remain with the
City of Temecula as Housing Successor Agency until such time as a resolution regarding the
two disputed housing assets can be reached through the pending meet and confer appeals
process that the SARDA currently has. pending with the DOF.
AB 1484 Section 34181(c)(f) requires Oversight Boards to review the HAL, and upon
acceptance the HAL, direct the Successor Agency to the Temecula Redevelopment Agency to
transfer all housing assets on the HAL to the Housing Successor Agency. Because the City of
Temecula elected to .retain the housing functions of the former Temecula Redevelopment
Agency the SARDA would, upon formal direction of the Oversight Board, be required to transfer
all housing assets to the City of Temecula as Housing Successor Agency.
ATTACHMENTS: 1. Resolution No. OB SARDA 13-
2. Housing Asset List
2
RESOLUTION NO. OB SARDA 13-
A RESOLUTION OF THE OVERSIGHT BOARD OF THE
SUCCESSOR AGENCY TO THE TEMECULA
REDEVELOPMENT AGENCY ACCEPTING THE
SUCCESSOR AGENCY TO THE TEMECULA
REDEVELOPMENT AGENCY HOUSING ASSET LIST
AND FORMAL DIRECTION TO TRANSFER ALL
SUCCESSOR AGENCY TO THE TEMECULA
REDEVELOPMENT AGENCY HOUSING ASSETS TO THE
CITY OF TEMECULA AS THE HOUSING SUCCESSOR
AGENCY
THE BOARD OF DIRECTORS OF THE OVERSIGHT BOARD OF THE
SUCCESSOR AGENCY TO THE TEMECULA REDEVELOPMENT AGENCY DOES
HEREBY RESOLVE AS FOLLOWS:
Section 1. Recitals. The Board of Directors of the Oversight Board of the
Successor Agency to the Temecula Redevelopment Agency does hereby find,
determine and declare that:
A. The Redevelopment Agency of the City of Temecula was a redevelopment
agency in the City of Temecula, duly created pursuant to the Community
Redevelopment Law, Part 1, commencing with Section 33000, of Division 24 of the
California Health and Safety Code (hereafter the "Temecula Redevelopment Agency").
On June 12, 1988, the Board of Supervisors of the County of Riverside adopted
Ordinance No. 658 adopting and approving the "Redevelopment Plan for Riverside
County Redevelopment Project No. 1988-1." On December 1, 1989, the City of
Temecula was incorporated. The boundaries of the Project Area described in the Plan
are entirely within the boundaries of the City of Temecula. On April 9, 1991, the City
Council of the City of Temecula adopted Ordinances Nos. 91-08, 91-11, 91-14, and 91-
15 establishing the Redevelopment Agency of the City of Temecula and transferring
jurisdiction over the Plan from the County to the City. Pursuant to Ordinance Nos. 91-
11 and 91-15, the City �of Temecula and the Redevelopment Agency of the City of
Temecula assumed jurisdiction over the Plan as of July 1, 1991. The Plan has been
amended by Ordinance Nos. 94-33, 06-11 and 07-20 adopted by the City Council. The
Agency duly adopted its Implementation Plan for 2010-2014 on December 8, 2009 in
accordance with Health and Safety Code Section 33490.
B. ABX1 26 and ABX1 27 were signed by the Governor of California on June
29, 2011, making certain changes to the Redevelopment Law, including adding Part 1.8
(commencing with Section 34161) and Part 1.85 (commencing with Section 34170)
("Part 1.85") to Division 24 of the California Health and Safety Code ("Health and Safety
Code").
C. The California Redevelopment Association and League of California Cities
filed a lawsuit in the Supreme Court of California (California Redevelopment
' Association, ef al. v. Matosantos, et al. (Gase No. S194861)) alleging that ABX1 26 and
ABX1 27 were unconstitutional.
D. On December 29, 2011, the Supreme Court issued its .opinion in the
Matosantos case largely upholding ABX1 26, invalidating ABX1 27, and holding that
ABX1 26 may be severed from.ABX1 27 and enforced independently.
E. The Supreme Court generally revised the effective dates and deadlines for
performance of obligations in Part 1.85 arising before May 1, 2012 to take effect four
months later.
F. As a result of the Supreme Court's decision, on February 1, 2012, all
redevelopment agencies, including the Temecula Redevelopment Agency, were
dissolved and replaced by successor agencies established pursuant to Health and
Safety Code Section 34173.
G. The City Council of the City of Temecula (the "City") adopted Resolution
No. 12-02 January 10, 2012, pursuant to Part 1.85 electing for the City to serve as the
successor agency for the Temecula Redevelopment Agency upon the Agency's .
dissolution.
H. The City Council of the City of Temecula (the "City") adopted Resolution
No. 12-11 January 24, 2012, pursuant to Part 1.85 electing for the City to serve as the
housing successor agency for the Temecula Redevelopment Agency upon the Agency's
dissolution.
I. The City Council of the City of Temecula, Acting as the Governing Body
for the Successor Agency to the Temecula Redevelopment Agency adopted Resolution
No. 12-01 on February 28, 2012 declaring the Successor Agency to the Temecula
Redevelopment Agency duly constituted pursuant to law and establishing rules and
regulations for the operation of the Successor Agency to the Temecula Redevelopment
Agency ("Successor Agency").
J. Accordingly, the Board desires to adopt this Resolution approving the
Housing Asset List ("HAL") in accordance with Part 1.85 and Directs the Successor
Agency to transfer all of the housing assets under its control, and as defined in Health
and Safety Code Section 34176(e), to the City of Temecula as Housing Successor
Agency.
Section 2. This Resolution is adopted pursuant to Health and Safety Code
Section 34181(c)(f). -
Section 3. The Board hereby accepts and approves the Housing Asset List
substantially in the form attached as Exhibit A to this Resolution and incorporated herein
by reference the ("HAL") and directs the Successor Agency to the Temecula
Redevelopment Agency to transfer of housing assets to the City of Temecula as
Housing Successor. The Executive Director of the Successor Agency, in consultation
with the Successor Agency's legal counsel, may modify the HAL as the Executive
Director or the Successor Agency's legal counsel deems necessary or advisable.
Section 4. The Board hereby designates the Finance Director as the official to
whom the DOF inay make requests for review in connection with the HAL and who shall
provide the DOF with the telephone number and e-mail contact information for the
purpose of communicating with the DOF.
Section 5. The officers and staff of the Successor Agency are hereby
authorized and directed, jointly and severally, to do any and all things which they may
deem necessary or advisable to effectuate this Resolution, including taking any action
necessary to transfer housing assets from the Successor Agency to the Temecula
Redevelopment Agency to the City of Temecula as Housing Successor Agency and any
such actions previously taken by such officers are hereby ratified and confirmed.
Section 6. The Secretary shall certify to the adoption of this Resolution.
PASSED, APPROVED, AND ADOPTED by the Board of Directors of the Oversight
Board of the Successor Agency to the Temecula Redevelopment Agency this 23 day of
January 2013.
John Meyer, Chairperson
ATTEST:
Susan W. Jones, MMC
Board Secretary
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss
CITY OF TEMECULA )
i, Susan W. Jones, MMC, Board Secretary of the Successor Agency to the
Temecula Redevelopment Agency, do hereby certify that the foregoing Resolution No. OB
SARDA 13- was duly and regularly adopted by the Board Members of the Oversight
Board of the Successor Agency to the Temecula Redevelopment Agency of the City of
Temecula at a meeting thereof held on the 23�' day of January 2013, by the following vote:
AYES: BOARD MEMBERS:
NOES: BOARD MEMBERS:
ABSENT: BOARD MEMBERS:
ABSTAIN: BOARD MEMBERS:
Susan W. Jones, MMC
Board Secretary
DEPARTMENT OF FINANCE
HOUSING ASSETS LIST
ASSEMBLY BILL Xi 26 AND ASSEMBLY BILL 1484
(Health and Safety Code Sectlon34176)
Fortner Redevelopment Agency: Teinecula Redevelopment Agency .
Successor Agency to the Foaner
Redevelopment Agency: Successor Agency.to the fortner Temecula RedevelopmeM Agency .
Entity Assuming the Housing Functfons
of the former Redevelopment Agency: Citv. of Temecula
Entity Assuming the Wousing FuncHons
Contacf Name: Patrick Richardson Title Director of Development Services Phone 951-694-6444 . E-Mail Address Patrick.Rich�rdson(tDciNoftemecula.om
Entily Assumfng the Housing Functions
Contact Name: Genie Wilson Title Ghief Financial.Officer Phone 951-694-6444 E-Mail.Address Genie.Wiisonfc�citvoftemecula.oro
All essets trarisferred to ihe errtity assuming ihe housing fimctions between February 7, 2012 and the date the exhibits were aeated are induded in thls housing assets list.
The following E�dii6iffi noted with an X in U�e.box are indtided es paR of this.inventory of housing essets:
6diibft A- Real Froperty X.
Exhibit & Personal Property .
Exhi6it C- Low-Mod Encumbrances X.
Exhibit D- Loans/Grents Receivables X. �
Exhibft E - Rents/Operadons X
E�ibit F- Rer�ts X .
E�ibit G - Deferrals X .
Prepared By: Luke Watson
Date Prepared: o7126f2012
�mnn A - Reai �o�sy
Cky oi Tamecula
InverKory of Asceta Reoeived Pursuent to Health e�M Safety Code secUon 34178 (a) (2)
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Lend 8?205302D,92TD53021 8754,500 45,q34 38,233 rro 5154.500 12/27119� Feelitle
2
tend 972082010 S84,OOD 10,370 10,370 no 584.000 07/23l2009 FaeTltle
9
LarW 908374002 54.400.388 7,393,920 1,383.920 no $3,800,000 1894 Fee TtUe Held
q 6y Ciry
a/ Asset types mey Indude low�mod housing. mlxed-incame hnusing, bw�mod housirg
wlth oommerclal spaca, mbred-Ir�come houslrq wRh canmercJa� spa�.
W Mey IrrcJude Celifomia Redevelopment Law, tax cradits, state bond inderrtures, arnJ
federa� haids requfremerrta.
Exhibtt B - Personai Property .
C}ty of Temewla
Inventory of Aasets Recelved PursuaM M HeaMh and Safety Code sectlon 34176 (a) (2)
� 't"" ..rY' KV 'L:
�T� tr �� �fi'z�"�'' re, � .� `�"'�° � i..� �'�&�`u tG yF:�t? Ys` � P' ,.��..*�;;�� a �: �; 5 - �. : x � �3, c '+'S� ,, � .. ,.
; 1 � �� t � � � �� `�'�.��i s �t � � � � '� Date of� �.. �lkquisition�` r�-�i`�,��-`�,��,,, �� 4 �,°�'� �f � 'c�.�,�� �
� n'�' �'•.. � �&' � �.� �`7:,. ��` �.�� � 4.k�.F't `_f ��r,� �` � v � E '�' ; .czs��s-�. r �t �� E7 �e�. < r .s _� e.'dss � C �E� a�r�.r � �. .
t
�'� -' r . � x � . � � �� �,�.�,.,�� � t►ar�sfer�t°, � eo�st�funded ��! � �uletUon�,� � �.�9ulsidon�,� ,�.���r�'
� ` ��� � � �, ; � "'� 4 , ' ��� �.�y � ` �+���� �, � � �'Nouain W � � y c"osts fuqded,� eosts tunded �`� E -;Dato of
rk u� 't�"' c �. "�,��.. ,.^ ��"� �� � ,�'' �"' +�' '�'� a.�eg..k"� ` W�lli LOW M�Od � '� „ �e.. � �.? mn :�" n °"t*�a�t" �
�, �,� ��, �w � � s� '� � � �". �� �. 'Carrying Value �� S�`ccessor 'k Housing�Funda �wl�h�`oitier RDAti � .+�with non' � ac�qulaklon bq'
�'�- " �. �. ,.� 4'�u�-. ��Z �";'Y'e .xw �,� a,�s ;� � .�-..;�.�fs �=',v��kf ' ,�.K-� -�..�-.� ,W a ;,;+cese,� `F�
item,d. t< � oi.ABSet�el��;� � �<�>r,aD9`se�i' on��,a�, �. �,�;esOt{AsSetu,` �. . a�,�.�?�Y : ;�: ��'monies r�,, �_: �3�funds �...� �: �RDAfunds� �„ fheYortne►RDA
1
2
3
4
5
8
7 •
8
9
10
11
12
13
14
15
18
17
18
19
20
a/ Asset types anY Pe�so�e� P►aPer►Y Provided In residences� fnduding
fumiture and appilances. aA tiousing-related flies and loan documerds.
oflice suppllea, soitware Ilcenses, and mapping programs, that ware
ao�lred for low and moderate Income housing purposes, elfher by
purdiase a ihrough a ban, In whole or In part, wNh any source M funde.
Exhlbft C - Low-Mod Encumbren�a
Cfty ot Temeeula
Inventory of Aasefs Recelved Pursuerrt to Health and Safety Code sectlon 34178 (a) (2)
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+ - .t �,"` , �, ,r� g. "f, x-.. '
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., :TYpe � _. 8�... . .�.._� ,-._..�s � �',_, �e�n,�����,,..� � . 1..,,�,,� �,Y. . �� � . :.. Y , � ���. , d s�� `� . � �? s. , i,.. Q
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,��,oracquired witA'�. � „ Entarceebl�`� . , „ _��c ^ �.,, � owed for the a, a,tow+mod � r - Source of,low k ; � ; „�c �.-r�, , . � _: LoW Mod �, ,�'. acquisitlon �,. �coats;tundad, �,, ,. a
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���. enforoeabl .� ,� ,.,,",ObO Non�v►es� �?. �ConVactpal� ,, �Eoforeeable` �< �,i�housin9�' � :mndhousi'��ng ¢7 , c .Currentowner , , � YHousingFurtd. :: �;�fundedwith� �.`; wHhfieon=RDA ?; Euac,qulslNonaf:(
., . . ,rR„.w�•y !lf,. ,. � Z , ..em�ya.. .. . � .�e.,o�A r:z�-:.. �. .. �.,; k:���.=a�r ;; !�rar�:�-a.. , F�ae° .f,�... ��`s :r::�.. . •.. �,. ., _ , d..,.sx•? .: 2 e.� . .ma.cmz:c.c-;:t�
,, $ �.e.'�" e� E_ � ,. - s-,�re-.. �.+. ��r�r, _ `� � 0.�.'` , r £�?" ,� -�
kem;"#�a'� s��;funds, ��,��." � �x2��;'execui d °�,�':� � ��nM,ergaRy� � �Obllgafbn,� � ��govenent?�;'�� ,� °;co_v_enerit'b(_ � go�;the proAortyr� �S �t. ��, � other RDAtunds � � �funds�� '�g r�the_properlye�.
r .,. �
a' mia
Front Streat Redevebpman
Low•AAod Housing w/ Plaza PaAners t Law, Bond Front Street Plaza
1 CommerrJel S cs. 02/22/2011 LLC 4,000,000 Indentures ParNers LLC $4,000.000 Ot•Mar•12
al mfa
Summertwuse Redevebpmen Summertrouse
Housing t Law, Tax Housing
2 Low-Mod Hous 09122l2009 Assodates LP. 7.080.262 Credits Associtates L.P. $7.358.333 29-Se -09
a I mia
Redevebpmen
t law, Tax
AMGAL PujW Credits, Bond AMCAI Pujoi
3 Lbuu-Abd Housl 02/22/2071 Fund LP. 1.868.887 Indentures Fudn L.P. $5,579,000 23-Dec-11
a! May indude low-mod housing� mlxed-Inmme Irousing, kw�rtwd Frousing wflh canmerdal
sp�e. mimdanwma 1au�g w8h commers�sl epece.
W May Indude CeAfomie Redevebpmant Lew, fan credNe. stete �nd Ir�nea. and
federal turda reqWremenfs.
E�fiibit D - Loans/Grants Recefvables
City of Temecula
Invernory of Agsets Received Pursuant to Heatth and Safety Code sectlon 34176 (a) (2)
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.�x � � n1i.q,� v.. � F'c u �� `�t.K y � � 4 s1 � �t2"t�Mr� . - k � k�s � . �' .y� s �� .G �.. � "^ � s.' � -i � �k'a , ''� n �� �r.r,�, � g ���
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,¢ �' : :�3�� ' +'�� � �, , ���r "���^�, ,�,��``, ��.� �m ��r� �� "a� x'�. A' �'� a � ':''�C _W�h'eetual � ' ,�` � ?""' � .c � '`a� � f �*��t,� `"v;--;�sRa;^:
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��w '= ;; �VYaY`the`l'"ow-lAOd �� , .;-�; �`rr r, .'"�'.?_ ;, • .:.,��.a���.: R, ±a � � F �'� +�f��p 3�" .s.... k,,.k . �., . �x +�'r�` �zr�,�r�. r�'., r. WS� �t,� �.�.�'.x �,�t7�?
., r� . . �, � �� -" � � i�- � 1 �� YIPOSO��Of ,�i a:�.. 6 P���0 ��-� r "�-��`, ^ F J 7 �., T l.. x' U ti.m,:.... �s
" ,3��^rd.��^ekx::°^. n .'s�? '" -„ '�' l' � - €'�u�i �. d�c" �# �:a�`��;f, 4. �if, � .,�Y,+"�+.� ,: -msar^�w F . �. o.s.;�,.e�...,...«.rm� ,.,..�e� ? �'t�=�.a��-..-€.-u'��� �.�... e�t��;,�"�L;. � '
> �; ���Nousi Fund, - � z�r. .,� � . ..� . - � !�, ' f �„ d � � � x Ly „�, a�. � �"��w ,M.� ;�, �;,
�p. ,��-, �:. ����i� �,� '� �?� Penon a enHty to ; whieh the funds purpoass�tor whkh Re � N �., Curient :v .f
�m�x �.,,�+m�<aw.,.�.«� ,�! � x_�. .�`� w"'�"� �nr �7;,.,t�� � t..,>�..- I e.r.,+s� � `v �4 .rec'w�r p� x.=ac:�" �u •�.�•.,v-.sa��:,:.:.�*adch•�.
; , a
.,. -
- � � w. e, .
;��. � kamwmt issued for a� �AnwuM of the!ban �+ <Dat� Uro ban or= �# . a;whom the'loan or�- t' ; wereloaned or x.�,tliaJun��may be �� Ma'finfib are for a Mterest rate outaWndM ban
r. - r �:i�-e�se^x..-r. Y^ a* .���m �� 1 t .•�=:c:�r
� �RI���'. �r����fl�Of:B' f8l11�z�.�.� :�'�.r�°_ ` �' g/811t, WB��b�IAB� �a- „�� rc���- 3 r s.,'C �r,x.... � � ._ ' 1 �W@d'��� s.s - � "�' � 1.w5: ° '�t. �,. e -�y';;.'f"". . 5 .1+ :t'
�_; a
'� �
.,,..mxr. _.>._ _...._,... ,�.. •S3r 1N8tI�Q811� 7J ,..t 9�L � .41�.i_.4.tsG�..._..... ., u.__,.:.. �. nu,.'�.•�•.;�� J�„y�;.�, O}��08f1£�..,� ��� �81811C9 „�.�:
. _. __ ....... . _.. . __.�_ . .
Construction/R
ehabilitation of
D'ALTO PaMere Affordable
1 Conditional Loan $ 3 000 000 08109/2005 LLC Housin es 08/09l2060 $ 3,000 000
ConstrucdonlR
ehabilitatiort of
Palomar Heritage Affordable
2 Conditional Loan $ 3 300 000 03/28/2006 Buildi LLC Housin es 03/28/20B1 $ 3,300.000
ConstrudioNR
ehabilitatlon of
28500 Pujol Street Affordable
3 Conditbnal Loan $ 2 B15,000 07/08P20Q3 L.P. Housi es O7/14/2058 1% S 3.147 842
ns io .
ehabiiitation of
Temecula Gardens Affordable
4 Conditlonal Loan $ 305.000 07/01/1998 L.P. kousin es 08I30/2028 1% $ 347 700
55 years from the
ConstruclionlR CompleUon of �
Summerhouse ehabilitation of Construd'ion and
Housing Associates Affordable the fssuance of
5 Condftfonal Loan 8 8.438 595 09/22/2009 L.P. Housi es Occu an 3°k $ 7 888,337
ConstructloNR
ehabilitaUon of
Warehouse at Affordable
8 Condidonal Loan $ 6 000 000 08/12/2008 Creekside LLC Hausin es OS/1412083 $ 6,000 000
ConstructioNR
ehabilitatlon of
Amcal Pujolfund Affordable
7 Conditlonal GraM $ 5 5�9 000 02/22R011 LP. Housin es $ 5,579 000
ConstrudioNR
ehabilitation of
Golem, Todd 8 Affordable
8 Loan $20,000.00 09/20H99S Christine Housin Yes 09/20/2029 5.00% $15.846
l
Construdbn/R
ehabilitation of
Affordable
9 loan S22 400.00 OBlOB/2001 Na . Linda Housi ' Yes 08/062031 5.00% $9.388
ConstrudioNR
. ehabilitation of
AHordable
10 Loan $35,053.00 04/21/2009 Weido. Ta Noel Housin Yes 04l2112039 5.00% $35 053
Conswc�tionlR -
ehabititatfon of
Deming, Joel and Affordable
11 Loan S40 800.00 05/05/2009 Rene Housin Yes 04/30/2039. 5.00% 340.800
Constructlon/R
'. ehabilifation oi
Affordable
12 Loan 37 980.00 OS/18/2009 Stoiber, Gretchen Housin Yes U5/19I2039 5.00% $37,980
Constructlon/R
ehabilHation of
Affordable
13 Loan $58 981.00 06/23/2009 O'Brien O a Housin Yes OS/232039 5.00% $58 981
ConstrucdoNR
ehabiiitation of
Affordable
14 Loan $29 700.00 OBH 5/2009 Guirrto, Joce n Housi ° Yes 08/162039 5.00�, $29 700 �
Consiructlon/R
ehabilitatlon oi
Afforcla6le
15 Loan S46 000.00 09l14/2010 Seif Ben amin W Housi ` Yes 09/14/204U 5.00% 548.000
Constructlon/R
ehabllitation oF
Covarrubias, Xedrian Affordatile
18 Loan $42 800.00 01/08/2011 & Giulana Housin Yes 01/OBf2041 5.00°� $42.800 .
ConstructfoNR
ehabilftation of
Affordable
17 Loan $7 500.00 OS/08/2007 Edward James Olsen Housi Yes 08/08/2012 5.00% $9.375
ConshuctionlR
ehabili�tion of
Angel & Andelina Affordable
1B Fo ivable Loan $4 200.00 08J08/2007 Mammano Housin Yes OB/08/Z012 5.00% $5.250
• ConstrudioNR
ehabilitation of
Affordable
19 Fo ivable Loan $9 990.00 �9/05l2007 Helen Ca Ilia Houst . Yea 09l05l2012 5.00% $12.448
Constructlon/R
ehabilitation of
Cayetano & Melinda AffoMa6le
20 Fo ivable Loan $3.950.00 09/19/2007 Montano Housin Yes 09l19l2012 5.00% $4,921
ConsVuctioNR
ehabilfta6on of
Christina C. Affordable
21 Fo ivable Loan $7166.00 10/10/2007 Vanderfiarst Housin Yes 10NO2012 5.00% 58,898
Construdion/R
ehabllitatio� ot .
Affordable
22 F Ivable Loan $5 491.00 10/22/2007 Ma Iside Morelli Housin Yes 10/22/2012 5.00% 58.818
ConstructionlR -
ehabllitatlon of
Affordatile
23 Fo ivable Loan $6 579.00 10/03/2007 Tra CI on Housi ' Yes 10/03l2012 5.0096 $8.189
ConsMudion/R
ehabilitaUon of
Marcela 8 Roberto Affordatile
24 Fo Hab1e Loan S8 788.00 10/30/2007 Navarto Housi Yes 10130/2012 5.00% 8,428
ConstructoniR
ehabilitatfon oi
Afforclable
25 Fo ivable Loan $7 500.00 11/14/2007 Deborah Hi h Housi Yes 11/14/2012 5.0096 59.281
ConsVuctionlR
ehabilitation of
Marquerite and Mary Affordable
28 Fo ivableLoan 58.810.Q0 11/19l2007 Martin � Housin Yes 11l19/2012 5:00% $8428
Constructlon/R
ehabilttation of
Alan 8 Lylliam Affordable
27 Fo Ivable Loan $8 800.00 01/2?J2008 Brendon Housi Yes 01/22/2013 5.0096 S8 358
ConstructioNR
_ ehabllitatlon of
Affordable
28 Fo ivabie Loan 57.500.00 02f07/2008 Jos h 8 Lisa D iola Housi Yes 02/07/2013 5.00°,6 $9188
Construction/R
ehabilRaUoh of
AffoMable
29 Fo ivable Loan $7,500.00 02/20/2008 Gani Bello Housin � Yes 02/20@013 5.00% $9188
ConstructioNR
ehabilitatfon oi
Clarence & Esther & Affordable
30 Fo ivable Loan $7,500.00 0412?J2008 Rita Louise Massie Housin Yes 04/22J2013 5.00% 59125
ConstructionJR
ehabilitaUon of
Sterlyn 8 Janfe Affordable
31 Fo ivable Loan $1,094.00 OS/27/2008 Ri sb Housi Yes 05/27/2013 5.00% $1.327
ConstrucUon/R
° ehabilttation of
Affordable
32 Fo ivable Loan S7 500.00 08/17/2008 Kathaleen McMurra Housin Yes 08/17/2013 5.00°� $9.083
ConstructioNR
ehabilftation of
Marvin 8 Mary Affordatite
33 Fo ivable Loan $8,362.50 06/18/2008 MoRon Housi � Yes OBHB/2013 5.00% $7 688
Conswctlon/R
ehabllftation of
Affordable
34 Fo ivable Loan $7 585.50 OBH8/20D8 Pauline Lois Lucas Housin� Yes OBHBt2013 5.00qo $9,186
ConstructioNR �
ehabilitation of
Affordatile
35 Fo ivable loan $B 450.18 08/18/2008 Helen Chichester Housin Yes O6/78I2013 5.00% S7 784
ConstruCtion/R
ehabilitation of
Affordatile
38 Fo Nable Loan $4198.00 O8H 3/2008 Llsa Ybarra Housi Yes 08/132013 5.00% $5,035
CanswctbNR '
� ehabllitation of
Affordable
37 Fo Nable Loan S7 378.17 08/21/2008 Rachel Petricka Housin Yes 08Y21/2013 5.00% $8 851
ConstructloNR
ehabilitafion of
Authur & Susan Affordable
38 Fo ivebie Loan $3 342.00 10/13l2008 W hiti Housin Yes 10/13/2013 5.00% S3 983
ConstructiontR
ehabilflatlon of
AHordable
39 Fo Nable Loan S6 448.00 11lO6/2008 Ursula Preston Housi Yes 11/06/2013 5.00% $7 857
ConstnictioNR
ehabilitation of
Affordable
, 40 Fo ivable Loan $7 500.00 11/D8Y2008 Thomas Fi erald Housin Yes 11/06/2013 5.00% $6,908
ConstructioNR
ehabilitation of
Americo & Mgela Affordable
41 Fo ivabte Loan 53.000.00 12/17/2008 D'Ambrosio Housi Yes 12/17/2013 5.00qo $3 550
Construction/R
ehabilltaUon of
Affordable
42 Fo ivable Loan $7,432.00 03/D4/2009 Mollie Manuell Housi Yes 03/04/2074 S.OU°� $8.702
ConstrucUoNR �
ehabfliNation aF
Ahmet & Hulya Affordable
43 F ivableLoan 57.500.00 03H7/2009 Baskent Housin Yes 03/172014 5.00% $8.781
ConstrucdoNR
ehabilitatitin of
Steven 8 Lena Affotdable
44 F Ivable Loan $7 495.02 08h 5l2009 MoGbar Housin Yes 09/152014 5.00% $6,588
ConstrucdonlR
ehabilftation oi
Affordabte
45 Fo Nable Loan 57.453.28 OBM2/2009 Gretchen L. Stoiber Housin Yes 08H2f2014 5.00% $8 571
ConstructioNR
ehabilitation of
Affordable
48 F vabie Loen S8 720.00 07/10/2009 Jason Gerber Housin Yes 07/10P1014 5.0095 $7.756
ConstructbNR
ehabilitation of
Eric K. fl Maryory Affordeble
47 Fo Nable Loan 58.538.42 OSH3l2009 Plain Housi ` Yes 08/13/2014 5.0096 57,517
Construdion/R
ehabilitation of
Affordabie
48 Fo ivable Loan $6153.90 1020/2009 Shirl Re Housi Yes 10/20Y2014 5.0096 S7 026
Cor�truCtionlR
ehabilftatfon of
Clarence 8 Doris Affordable
49 Fo ivable Loan $3 059.00 08/OB/2009 Elder Housin Yes OB/0912014 5.00% $3 544
ConstructioNR
ehabilitatfon oi
Affordable
50 F Ivabie Loan $T 500.00 0T27/2009 Jesus Mo a Housf Yes 07/27/2014 5.00�o $8 658
Construction/F2
ehabflitatlon of
William & Maria Affordable
51 Fo ivable Loan 87 459.70 07/24l2009 Stanton Housi ' Yes 07Y24@014 5.00% $8,810
ConstruatioNR
ehabilitatlon of
Affordable
52 Fo ivable loan $5,377.23 07/272009 Enid Gessow Housin Yes 07/27/2014 5.00% $8208
ConsUUCtioNR
ehabilitatlon of
Jeremy & Sueann Afiordable
53 F ivable Loan $10 000.00 OB/24/2010 Garzon Housi Yes 08/24@015 5.00°� $11.000
ConstrucGoNR
ehabilftatiort of
Affordable .
54 Fo ivable Loan S10 000.00 08/31/2010 Nicoie Glenn Housin Yes 08/31/2015 5.00% $11.500
ConstrucUon/R
ehabil}tatlon of
Daniel � B►andy Aifordable
55 Fo ivable Loan 57.319.00 09l18/2010 WilUams Housin Yes 09H 6l2015 5.Q0% 38 021
Co�struc�loNR
ehabilftadon of
Affordable
56 F ivable Loan $7 034.12 09/18l2010 Reannette Granzow Housi Yes 09/18/2015 5.009b . $7.708
ConsWc�oNR
Oscar Urfbe Vargas ehabilitatfon of '
• & Martha Vargas Affordable
57 F Nable Loan $7 954.57 10/01/2010 Castro Housin Yes 10/0112015 5.00% $8.884
Construc�fDNR
ehabilitatlon ot
Affordable
58 fo ivable Loan S10 000.00 10/01/2010 Debra Moreno Housin Yes 10l01Y2015 5.00% $10.917
ConsUuctlon/R
ehabillWUon of
Affordable
59 F able Loan S10 000.00 10/28/2010 John & Kristln Bobst Housi Yes 10/28l2015 5.00% $70.917
ConstrucUoNR
ehabllitation of
Luis & Maria Atfordable
� 60 Fo ivablel,�n 55419.00 11f02/2010 Esqlante Housin Yes 11/02l2015 5.00% $5.893
CorretrucUoNR
ehebilitatbn of
Misael E. 8 Amy S. Aftordable
81 Fo vable Loan $10 000.00 11l24/2010 Ordz Housin Yes 11/24P2015 5.00% S10 875
Construdion/Ft
ehabilitaUon of
Robert & Karen AifoMable
82 F Ivable Loan S9 448.00 12/08/2010 Issleib Housin Yes 12/08/2015 5.00% 510.235
ConstructioNR
ehabllita8on of 9
Brein and Crystai Affordable
83 Fo ivable Loan $8.828.00 01/31/2011 Brau ht Housin Yes 01/31/2018 5.0096 $9,309
Co�structloNR
Shana Brooks- ehablittatlon of
Schmit 8 Sebastlen Affordable
64 Fo ivable Loan S9 562.00 02/0812011 Merc-Gu Schmk Housi� Yes 02/08/2018 5.00% $10.301
ConstnutioNR
ehabtlitatlon of
' Aifordable .
65 Fo tvable Loan $9,880.00 03107/2011 Robert G. Martlnez Housl Yea 03/07/2018 5.00% $10,580
ConstructioNR
ehabllftaUon of
Atfordable
68 Fo ivable Loan $7.973.50 03/14/2011 Michele Alexander Housl Yes 03/14I2018 5.00% $8.538
ConstructtoNR
ehabilitatlon of
Affordable
67 Fo ' able Loan $8 990.00 04/06/2011 O a O'Brien Housln Yes 04/08/2018 5.0096 59,589
Construction/R
�abtlttatbn ot
Affordable
88 Fo vableLoan $7,87825 03H5/2011 JuanRaDiaz Housi Yes U3H5/2018 5.00'S5 $8220
Construtxion/R
ehabiliiatlon of "
Afrordable
69 Fo ivable Loan S5 766.88 OS/12/2011 Joe! 8 Rene Demi Ffousi Yes OSl12i2018 5.00°�6 88 127
ConatructioNR
ehabiliteUon of
Philip 8 Carrie Affordable
70 Fo ivable Loan $10 000.00 03l18/2011 Sanchez Housin Yes 03N 8/2018 5.00% S10 708
ConstrudloNR
ehabilitatlon of
Affordable
71 F Ivable Loan $9 545.00 03/18/2071 Jose & R ina Diaz Housi Yes 03H8@018 S.dO% $10.221
Exhibit E - Rents/Operetions
City of Temecula
Inventory of Assets Recelved Pursuarrt to Health and Safety Code secdon 34176 (a) (2)
� u -,^.,� t r� ;;` r '� �i ct�. �r+. .��.�� ��,� w �"�� � �� ��� �7 �,h .��s�' a.. �.� i 3 �.� r,r «�, -� � �F r �� z. � ,��`��� �'��=.
�.. '� ��;;���* 4 , �'�: �* �;� ca s� i,��4 ;�> �- '?`� 3 �",��. {� ��� �'k r x� ° ",� -: t �`�'� �X���� � �
� �� �,�, ,��.��. �',�� �; �(��s��� � a 4�a� ��� .r � � 3 ��� � , °� ���'�z'� ��`. �*„��t ��a�� x sr,� W�����,��„��, � r � �a���,�� r'� M1�'3;:
��.. �"t m y'`; ... .,, ° � .�s r f '�x e'.; � ''�'�...d,�,;,� �"�r.,�� "�gt� ,j y' � w. � ^a '.. �i �" ,x �t` .��: � a'�.s 3r � J ! ' 'd�lOB111 �if0111s�.
,. � ,. i at� . ,.. � . � � i^�.�, �...� a , -�i� ` `*�i` �� � s -� +�e^�.
� � 4 .?� '� � '� �:; � ;� n � � `��, r Endty ED wfilCh u � �� � � 19 U7b PropartY � � � °�`�" Eidtfbit AlhB ;.
. _. ��. .. 4.: < r� va'� 'M '�°' A a �'' . � � as`'� 1v �� � r �+Y` r a,� ;i. �.a "� a�'p �pQ�� �. �., -� �e�: 3.v c�.t-: °' � �� ���5� S� w�', a� � +sze x �. ers, �
� � *'� ` :� �? r� �.. ���w� �� �"� �; ,,�� � „s��. � �� �.�; : � �,tlre�eollec�d ,k' � „se for z � e�umber� � F �v ,�a�.�,�� .:,.�� � �re�nt/operslta►�
3��, �a ' _�� ��with whleh Mey= ����� +�• EnptY Mat�: �, paymeMs are ;; � whicFi Ure��" ,� �by'a low mod �:Souree of iow� z fe as�teted�<
��'� x ''� ,e� . � pe`r�yme1k6r8 9��is �` .ptOpOrly i� ��`�COii�ls�th9�; � "�uldmately ,� �: PeY!ne��'� F� ;; ,� B � ��� �mod�h�ousing� � ��s�with(�f�t
,
� r.�. .�.�z� �+ � � ��
���� . M �� ; � �ass� ��bl�. �>:: ,���'. ?� ��.?PmYmerde`��a �" �,�s��e!nNted.� � ;'u �..rw.4�� �„, �,�; �e�"eovet�ar!t�.� �,�� ��:covenaM;.cb,x. x � �`ePMleaMe);�
Iteln'.$ra ; .of, antMd�, =s. R _
28500 Housing Housing Cal'rfomla
Low-Mod Pujol Successor Successor Affordable Redevelopment
1 Residual R t Housi Street L.P: en Housin Yes Law
Temecula Hausing Housing Cal"rfomia
Mnual Complianca Low-Mod Gardens Successor Successor Affordable RedevebpmeM
2 Mon(todn Fee Housin L.P. A en enc Housin Yes Law 1
28500 Housirg Housirg Califomia
Mnual Compilance �aw-� PuJol Successor Successor ��dable Redevelopment
3 Monitorin Fee Housin Street L.P. en en Housin Yes Law
C,oc�iella '
Va�ley Housing Housing CelifOmia
Mrniai Complfance Low-Mod Housing Successor Successor Affordable Redevebpmerrt
4 Monilorin Fae Housin Coalltlon A n A Housi Yes Law
Creation of
Golem, Housing Housing maintenance Califomia
Principal and Interest Low-Mod Todd 8 Succassor Sucoessor for affoPdable Redevebpment
5 from Homeowners Housi Christlne n housi Yss Law
Creation of
Housing Housing maintenance CaBfomia
Princfpel and Interest Low-Mod Successor Successor for affordable Redevebpment
8 from Homeowners Housin Na , Unda A en en housin Yes Law
Creation of
Housing Housing malntenance Caflfomia
PrinGpal and Irrterest Low-Mod weldo, Successor Successor for affordable Redevelopment
7 irom Homeowners Housin tan a Noel en en housin Yes Law
Creation of
Deming, Nousfng Housmg maintenance Caiifomia
Pdnapal and Interest Low-Mod Joel and Successor Successor for affordabie Redeveloprrient
8 from Homeowners Housin Rene e housin Yes Law
Creation of
Housing Housing maintenance California
Principal and Interest Low-Mod Stoiber, Successor Successor for affordable Redevelopment
9 from Homeowners Housin Gretchen A en A en housin Yes Law
Creallon of
Housing Housing maintenance Califomfa
Princfpal and Interest Low-Mod O'e�len, Successor Successor for affordable Redevelopment
10 trom Homeowners Housin OI A A housi Yes Law
Creation of
Housing Housing maintenance Califomia
Principal and Irrterest Low-Mod Guinto, Successor Successor foraffordable Redevelopment
11 irom Homeowners Housf Jocel en housin Yes Law
Creation of
Setf, Housing Housing maintenance Calffomia
PrinGpal and Interest Low-Mod BenJamfn Successor Successor for affoidable Redevelopment
12 irom Homeowners Housin W en A en housi Yes Law
CreaUon of .
Covartubia Housing Mousing maintenance California
Principal and Interest Low-tulod s, Xadrian Sua:essor Successor for affordable Radevebpment
13 from Homeowners Housi & Giulana en housin Yes Law
PaYments irom developers, con�tlonal grarrt repayments. costs savlr�gs and
comm� space, mbced-income housing wNh commerdal space.
and federal tunds reqWrements. .
;
�r,in�t F - a�
City of Temecula
ImrerRory of Assets Re�ived Pureuairt to Heatth and Safety Code sectlon 34178 (a) (2) �
.��.��� `'`` �`�^ ���3 7�' 7a' 6 �St�vSyaF y '.��, �,�� zµF ��s i `���. 'c s � � e � � �'�?d(`k,t�"` � ��' ,' � a a � `: f�� .� ° '�y �.: � ��, 'F� . a x'� :`�: �. ���'N�l
: „ .,. � T�� � ,:.�., i* �,±��`�I�s_ :. � 4 .k , �t * �•� ,v�.<< .�, � p � � � � 6 � t � �: �.r - �t, �
s�„'-,% �% �. . `� �.��''.,q� r.i i x' �'r"� ~ .�.r. '".,ck �y, : � � a.� .s��: :_ '��'�'...� � ��.��, ai ^,.,� �''y p� { 6 �"� :?�!� 1� e�F.t�_ �.t K� .,�.�?"�"� 4 s� .. � r �� s ��� €�4,� �,`?
� 5"ww , ,„N��.�v�+t �b�` � ^�a����"�4.,.,°�+,��i�' � �����Tr.0 :� � . � a,�s� y, �,�'" u,�, . .��t a 7 .�,,5 � r'� �o,� ,. y� "� .'�.a
� � � '�,�=x:�` �:�'� 3 , �.., .:..�;, ...�...,,.y� C ; .. .,� � �. a�s�a .�,�; ,�i �t�tY� � �� � �,xaa�'>�r?� �:,�"... :� '�;�ihPr _, -�, ;� � a,< {teflrN /Tdt17�',F�+ .
�, �'� «���.��' ��','� �i �YYP at�ProPe�• � � � , h'`�cv��'-� � . � � �� �_the�cotlected� -+, Purpose fori `::,' �,oncumbered� '-� � � � � ��'� � � Exhllxit Afhe ren[
� ' a.�":P �".� r'�'•.'�.3�'�'i! fµ `�.-u,�. �..-srv� uA a � �k� -. R �' S r� . p.z �� r- .��=+"..:.;s� � =,�s�; a� �:.�rttrY � ...:fi, , c �- , 1.: - s^ e '�. � � a,_,r., «�` e LE.. � .
° ",` "���` ,�,� ;.;,,� �wlMwhiChthe.; � ,' '�� , �Entltylhat�-�,�payme�ta,are ,.tiwh�i.ththe . bya '�': �Source�'o"tlo� �: ,��(saseociafed�:;
= ° , �h��?`;�` �' �' � e "�'"nts aro � �' �c� P � �x � �'eolte� t �` ' < ulNmatel ;�� � : `a enta"`are ���lious►n�r� �"_ �'mod housln ���'�vylth; 11�x=•.
. . E.�' F_''�„ :z�rp�':=b'.�*..8�..c*'.` � � ��� cm � F�7g ?�....,v �, �'*..+. r��• .�,.� �r,r..i ,u 1�.�,�-^w,..�o,,;Z�. �� �Y�'r: g .�:, r+-3."�°�b-. _ 8 �n ��i ��? €.�--r^t'�r �{ -"
kem �� w� _of, a ent,.el..t ,°, asaoelated�W,�,, ,k � ewner�„� � f �.,paymeirts��y, a° ;s�remitted� ���; used�� y� t coyenant4�,�, „�, , covenant cl__ ...• „, appiicabte)�,�'
-��.
Creation and Calitomia
TemeaAa Housing Housing maintenance Redevelopment
Gardens Successor Sucxessor of affordable law, Bond
1 Ground Lease Rent Low-Mod Housi L.P. A housi Indentures 1
Creation and
2850� Housing Housing maintflnance Califomia
Pujoi Successor Successor of aHordable Redevelopment
2 Residual Recie t Low-Mod Housin Soreet L.P. en housin Law
aJ May Indude rerne or home loan paymeMe.
b! May include low�mod housing. mlxedancoma Fw�reing, lorwmod housing wlih
commerdel spece, mizeddncome housing wflh commerdal apace.
c! May indude Ceilfomla RedevelopmeM Law. ta�c credits, slate bond IrnienUues. and
federal funds requirements.
Exhibfl G - Deferrals
City ot Temecula
Inventory of Aeaets ReceNed Pursuant to Heatth and 8afety Code sectlon 34178 (e) (2)
� ' �. � t� � xa � � � � � <
. � ,�'� $ `� "� r �, w� �. � � ^�. 5�i ��>.�� �.�r � , �, z��,�� �3 �;'�,' .
��, �� �.u� ��°�^ '��r .��i ���� �' � �s � �� x �� w �s � �
� a *�` ^�^�` t �a� � €"k e: � $ � � � � �� � � v �t � �; r� "�� � a�
��� L'x � 'S� -"�, �. �� , � ,�� �` '�,. �� x��"sa- 'r tr �Se?5
� �° � , a '�` �� ,�" � �s� � �v` � ���y *���x �` &' r°"� ��`, ��� � e � � ' �' � ��',�,�`:�'���:
�, ,. � r �" , ���� z� � � � Interest rate �+ `q� � '� r�� �-��';
`� � �' �� t � ; �� i � �'F,t I y ar tn � �� � �'ai h � " a � Da�te°upOn W�ttchi
' Y �r� p �.�ST�� `aY',. ����Sr� '� S �+�ZYfs�' � � � �&i�.� tr ^a �-�+N}'°°"LY
� wh�teh funds � Amaunt � fun�s'�were .�� urrent� � tunds wece to t�e
:f� �� :. u_ �r � �- . �� ""^'�, �r����� ,� ar�as�r ��� � r� ,� �� � a� � �� �. � r� �-� sn�+e � �r �sa° }a,� �
tl ..: ,_�,P,u _ e.fwwHiah;func�s,were.d�ietred„��, � o -vrreredefemeel r , �; r�,�defe�re� �, � to�be�repaid �. �amountzoyred_ �; �:�,repaid��
� �„
7 HSC 33690 c 1 8 HSC 3368Q.5 c 1 2009-2010 $ 4 354 450 3 4 364,450 2015
2 HSC 33890 c 1 8 H3C 33890.5 c 1 2010-2011 $ 898,504 $ 898,504 2015