HomeMy WebLinkAbout13-011 CC Resolution RESOLUTION NO. 13-11
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF TEMECULA ACCEPTING ALL OF THE HOUSING
ASSETS BEING TRANSFERRED FROM THE
SUCCESSOR AGENCY TO THE TEMECULA
REDEVELOPMENT AGENCY PURSUANT TO ABX1 26
AND AB 1484
THE CITY COUNCIL OF THE CITY OF TEMECULA DOES HEREBY RESOLVE
AS FOLLOWS:
Section 1. Recitals. The City Council of the City of Temecula 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. The City Council of the City of Temecula adopted Resolution No. 12-02
January 10, 2012, pursuant to Health and Safety Code Section 34173 and applicable
law electing for the City to serve as the Successor Agency for the Temecula
Redevelopment Agency upon the dissolution of the Redevelopment Agency of the City
of Temecula. 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").
C. Pursuant to Health and Safety Code Section 34175(b) and the California
Supreme Court's decision in California Redevelopment Association, et al. v. Ana
Matosantos, et al. (53 Cal.4th 231(2011)), on February 1, 2012, all assets, properties,
Resos 13-11 1
contracts, leases, books and records, buildings, and equipment of the former Temecula
Redevelopment Agency transferred to the control of the Successor Agency by operation
of law.
D. Pursuant to Health and Safety Code Section 34176(a), the City Council of
the City of Temecula (the "City" or "Housing Successor Agency") adopted Resolution
No. 12-11 on January 24, 2012 electing for the City to retain the housing assets, as
allowed by law, and functions previously performed by the former Agency.
E. Pursuant to Health &Safety Code Section 34176(a)(1), all housing assets
of the Successor Agency were transferred to the Housing Successor by operation of law
and listed in the Housing Asset Transfer List attached hereto.
F. On August 1, 2012, the Successor Agency delivered the complete
Housing Asset List ("HAL") to the California State Department of Finance ("DOF")
pursuant to the provisions of Health and Safety Code Section 34176(a)(2). On August
31, 2012, the DOF delivered a letter to the Successor Agency in which the DOF
disputed two of the housing assets status, per the definition of a housing asset under
the provisions of AB 1484. The two housing assets disputed by the DOF include: (1)
Housing Asset Transfer List Exhibit A, Item #4 (Diaz Property); and (2) Housing Asset
Transfer List Exhibit C, Item #1 (3rd and Front Street). The Successor Agency and
Housing Successor Agency disagree with this position of the DOF and are pursuing
administrative remedies with DOF to reverse its decision. .
G. The DOF confirmed in its letter dated August 31, 2012, that the remainder
of the assets listed in the HAL, are housing assets under the definitions in Health and
Safety Code Section 34176(e).
H. Health and Safety Code Section 34181(c) provides that the Oversight
Board of the Successor Agency to the Temecula Redevelopment Agency shall direct
the Successor Agency to transfer housing assets to the Housing Successor Agency as
appropriate entity pursuant to Health and Safety Code Section 34176 and Health and
Safety Code Section 34177(g) directs the Successor Agency to effectuate the transfer
of housing functions and assets pursuant to Health and Safety Code Section 34176.
I. On January 23, 2012, the Oversight Board of the Successor Agency to the
Temecula Redevelopment Agency adopted Resolution OB SARDA 13-01 which
formally directed the Successor Agency to transfer all housing assets listed in the HAL
to the City as the Housing Successor Agency pursuant to Health and Safety Code
Section 34176(a)(2).
J. Accordingly, the City Council of the City of Temecula desires accept the
housing functions and housing assets to be transferred by the Successor Agency to the
City as the Housing Successor Agency pursuant to Resolution No. SARDA 13-01 of the
Successor Agency adopted on February 12, 2013.
Section 2. The City Council of the City of Temecula hereby accepts the
housing functions and housing assets transferred to the City as the Housing Successor
Resos 13-11 2
Agency pursuant to Resolution No. SARDA 13-01 adopted by the Successor Agency on
February 12, 2013.
Section 3. The City Council of the City of Temecula hereby designates the �
Finance Director as the official to whom the DOF inay make requests for review in
connection with the housing asset transfer and who shall provide the DOF with the
telephone number and e-mail contact information for the purpose of communicating with
the DOF.
Section 4. The City Manager of the City is hereby authorized and directed to
execute and record such documents and instruments on behalf of the City and to do
any and all other things which he may deem necessary or advisable to effectuate this
Resolution. The City Manager, in consultation with the City's Attorney, may modify the
acceptance of the transfer of any housing asset as the City Manager or the City
Attorney deem necessary or advisable, including those heretofore or hereafter approved
or deemed approved by DOF pursuant to Health and Safety Code Section 34176(a)(2).
Any such actions taken by the City Manager that are consistent with this resolution are
hereby ratified and confirmed.
Section 5. The City Clerk shall certify to the adoption of this Resofution and it
shall become effective upon its adoption.
PASSED, APPROVED, AND ADOPTED by the City Council of the City of
Temecula this 12 day of February, 2013.
� ��
Micha I . Naggar, Mayor
ATTEST:
�-,••-+�.— D�
Susan . Jones, MC
City CI k
[S EAL]
Resos 13-11 3
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss
CITY OF TEMECULA )
I, Susan W. Jones, MMC, City Clerk of the City of Temecula, do hereby certify that
. the foregoing Resolution No. 13-11 was duly and regularl� adopted by the City Council of
the City of Temecula at a meeting thereof held on the 12" day of February, 2013, by the
following vote:
AYES: 5 COUNCIL MEMBERS: Comerchero, Edwards, Roberts,
Washington, Naggar
NOES: 0 COUNCIL MEMBERS: None
ABSENT: 0 COUNCIL MEMBERS: None
ABSTAIN: 0 COUNCIL MEMBERS: None
,
Susan . Jones, MMC
� City Clerk
Resos 13-11 4
_ _ _
DEPARTMENT OF FINANCE
HOUSING ASSETS LIST
ASSEMBLY B�LL X1 26 AND ASSEMBLY BILL 1484
• (Health and 3afety Code Sectlon 34176)
Former Redevelopment Agency: Temecula Redevelopment Agency
Successor Agency to the Farmer
Redevelopment Agency: Successor Agency to the fortner Temacula Redevelopment Agency
Entity Assuming the Housing Functions
of the former Redevelopment Agency: Citv of Temecula
Entlty Assuming the Housing Functions
Contact Name: Patrick Richardson Title Director of Devetopment Servicea Phone 951-694-6444 E-Mail Address Patrick.RichardsonC�citvoftemecula.org
' Entity Assuming the Housing Functions
' Contact Name: Genie Wilson Title Chief Financiai Officer Phone 951�94�444 E-Mail Address Genie.Wilsonl�a ciNoftemecula.oro
�
} All assets transferred to the entity assuming the housing functions between February 1, 2012 and the date the exhibits were created are Included in this housing assets list.
� The following Exhibits noted with an X in the box are included as part of this inventory of housing assets:
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!' Exhibit A- Real Property. X
! Exhibit B- Personal Property
Exhibit C- Low-Mod Encumbrances X
Exhibit D- Loans/Grents Receivables X
Exhibit E - Rents/Operations X
� Exhibit F- Rents X
i Exhibit G- Deferrels X
� ' Prepared By: Luke Watson
Date Pre ared: 07f26120 2
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Exhibit A - Real Properly
Cky of Temecula
Inventory ot Asseta Received Pureuant to Health and Safety Code section 34178 (a) (2)
,.
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� i „ i, � � , ' ;Conatrtia�lan� � �Date ( � �
� '' , _� � < <; xo Intarea�t in.
} `" . 0. ` ' ' , = � Y i Is Um proporty Dete��f >oraoqulsidon ?6unaWOtlon� _ �Consfiuctlon� coneWCitoo • roaliQruparly
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, .
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< �.. , : .�:.,. , ° :>_ . ._-. ..,,> , �� ,, I � .Q«... 1 .„ad a ..�,_..<�. , r . �,:, B.� � °v�. .� �., "�ea4,l spuFaNase,
�:�_ .�� •'� �. ;±Le alTltleend �,: ,s,,. �CertyingValue' s�atjuare�"; x , reaeevedtarlew' � "��hcnstn ' i',: mod�tiotieln" a �8uacessor.d r ` 'Hou" " � ", ��' '� , "I � ., '' �. i I
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Rem;� +. ' e`afAeeet<eli,<` ! ,, :;. Desail Uon , '°' , � 1ot+Asaet , ` ` footeger:` `. �� ud'IieueW```� C i �„ cova�nY1� '�. �covenent�bl�. � , Agenay `� � mdiit�s`, �RUAfunde. 4fimAS` �tormor:HDA M +eta;jt
Lend 940310050, 52;768;435 784,429 184,428 yes Callfomle ^ $5,800,000 07f01/1998 Fee TIUa
940310051, Redevalopmer�t
922054023. lsw
871054022.922054021
1
Land 822053020,92205302T $154,500 45,434 38,233 no 154,500 12/2111999 FeeTllle
2
• Lend 922082010 g84,000 10,370 10,370 no 384,000 07/23/2009 Fee Tllle
3
Land 909370002 54;400,388 1,393,920 '1,383.820 rro L3,800,000 1994 FeeTitleHeld
' 4 6y C�ry
e! Asset types mey Indude low-mod housing, mlxed-income housing, low�rwd housing
. wlth commerclel space, mlxed-Ir�come housing wlth commerclal space.
� b/ Mey InGude Callfomle Redevelopment Law, tsx credlffi, state bond Indentures, and
federel funds requlremerris.
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Exhibit B - Personal Property
Clty of Temeeula
Inventory of Assets Recelved Pursuant to Health and Safety Code sectlon 3417B (a) (2)
1 - . �, r ; �"' �. .
itiate�`of Acqulelt ona �' � ` �
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� ��� y �� t HQ�slhg� � w(t�Low Mo�,+d� o-,� k ao�tu,nded�§ �,eosts�tu�nded ��*a����ate of��°y
' ; . �� � ? `� " � 'ry .Garrying�Value a Sucaessor ,� �Hausing�FUnd� � � ' �wifh�otherzFiDA� � �?'�with non�-�`, a� �'acqulsi8onlby,'
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Item`#` of al' 'ID`esaii" lon ,, oflAssef `_ y �
i�►9 Y _. _ .s��_ � ;�,� tund's_ , ;;RDA�Iunds�,,,. tlie�forinei'RDA
1
2
3
4
5
8
7
8
9
10
� 11
12
I 13
14
15
16
17 "
1 7S .
19
20
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' a/ Asset types any peraonal properry provided In resldences, InGuding ,
fumlture and appllances, all housing-related flles and loan documents,
otflce supplles, software Iicenses, and mapping programs, That were
acqulred for low and moderate Income housing purposes, either by
purchase or through a loan, In whole or In part, with eny source of funds.
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Exhibit C - Low-Mod Encumbrences
' Clty of Temecula
Inventory of Aesets Received Pursuent to Health and Satety Code aection 34178 (a) (2)
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�� �t � � Cona�ucllon or , � "
, �. � � a�t M�a"� ?; �` �w. � �
, �, _ , : � f : ; Total;amonnt als�lhe; b ropeAy � �-� �.'�`� � rf ' aoquislt�ton�ooat � { IConaquolioni
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i�Of�hOYeingbWlt ' , DetetCOrttreCt.fOf- r � - �, ,srys� �'� , yi �� �?.t��.5 � �•y.w�+ . e . r�.a� r�Y->.t , � q-•:.:ar� ��/� . m
, , y , .�e.�_r :,r �..� �, ;, : .. ^.n � �-�- ^�: . _ ; ,;�; . , � :� ,. .owe"d!torthe� ; ^ aa to�v mod�A �, �' ae?uf low � '* �. �' � �? • Lnw�Mod; : • ao uleliMn'aaats �°; ' caets�tunded� ! 'co�i`ilruotioniorl
. �. : ,or acqulred wfcd �.. ,_ �En(aroea,ble ;. � N> „�.., � � � > � 4-� :� �:� �w.:_ : r <�,.v,_ � r �� . �r:� �...�+ k , :9 _�.-� .,. � ,.r. � i.
,, �.� . .....� �. ... . ,,.,,.P� ua37. r '.: �" "=^,.. .;.at�.�*. I,,.� � , �, s .»....., : 4� *`,-��� ,�a > � *.,��v`.�*�;..Y � `, � ` r � � � � �.--• � .
- �<<. � enfaineat�l ob0 ated . .. .�Odli n,wes CoMnolual `,, . �Enfo►aeadles ' �;�hoaein0� . �, �• ,mad�houeipp �Curtent owner;: � uHoueing�FUnd` M' � �tunded vrith ° . w8hinort-RDA`1r � �aaqqte111onsot �
: .. A+.v � r... ; �.8 • �,�!�, { 0 . .arrn-�v.�+' :.•�: �""� .e:ssn . �; y.r���^ ,�. . .w:c,��:xv. � f < x :x r�-_'�o •y �#:a ..a � ��. . -*�,, cx:a°�..<_) t�. �.� �^. : , t-=. vwa .tr ..;
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(tem,Ot� � i ,°,�funds alr� > s � ¢eue . ` t ^:adunterP rtys� . , . OtiQgeNon�, t; aoovanant9° : � �coyenent; 61 ' ±oLt4e,PwAerFy. � ° imonles�' ; j otherRDA•ftinda j_I _ ' � w�as "_ " . 'Ifie,P�4P <
a _ _
Front SUeef Redeyebpmen
Low-MOd Housing w/ Plaza Pertners t Law;.Bond Front Street Ptaza
1 CommercJa� S ace. 02/22l2011 llC 4,000,000 s Indentures Partners CLC $4 000,000 01-Mar 12
al m
Summerhouse Re"devetopmen Sumrtierhouse •
Housing t Lew, Tax Housing
2 Low-Mod Housin 09122/2009 Assodates L.P. 1,080,262 es Credits Associtatas L.P. $7358 333 29-Se -09
i ma
Redevelopmen
t Lsw, Tax
AMCAL PuJol Credits; Bond AMCAL PuJol
� 3 Low-Ma1 Housln 02/22/2011 Fund L.P. 1,859,687 s 1rMentures. Fudn LP. $6;579;000 23-Deo-11
� a/ May inGude low-mod housing, mixed•incoma housing, low-mod housing with commercial
� space, mixed-income housing wiTh commerdal apace.
' b/ May Indude Califomla Redevelopment Law, tax credite, atate bond IndenWres, and
� federal funds requlrements.
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Exhibit D - Loans/Grants Receivables
. City of Temecula
Inventory of 0.ssets Received Pursuant to Health and Safety Code sectlon 34176 (a) (2)
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�; :HousingrFund _ ,� �� � � ,a � < < � � � �peison o► entity,to : whlcM the,tunda `<, ;Purposes whicfi+ , � � Repayinent date,ti% * � .. t=-�� F r " Current � "
�� amouot Is"suetl for a���AmouM otUie toan `Date'the bgn`or �yv�pm qie:loan or �were loaned or �;.the�fund`a�may be �. a the.funde are fm.a � IMerest�rete � outstanding loan��
item � ; 'loan or a�grant9 � _, ; or grant graM was issued . �_ •9�M was•Issued . ; ' ' _ 9�!� , �. __: �used? , _ ; . . loan, � of loan, , ', ; balance
Construction/R .
ehabilitation of
D'ALTO Partners Affordable
1 Conditional Loan $ 3,900 000 08109/2005 LLC Housin es 08/09/2060 $ 3 000 000
Construction/R
ehabilitation of
Palomar Heritage Affordable
2 Conditional Loan S 3.300.000 03/28/2006 Buildin LLC Housina es 03/28/2081 $ 3,300,000
Construction/R
ehabilitation of
28500 Pujol Street Affordable
3 Conditional Loan $ 2,615,000 07/08/2003 L.P. Housin es 07/14/2058 1% $ 3 147 842
ons ru on
ehabilitation of
Temecula Gardens Affordable
i 4 Conditional Loan $ 305 000 07/01/1998 L.P. Housin es O6l30/2028 1% $ 347 700
55 years from the
� ConsVUCtlon/R Completion of
� Summerhouse ehabilitation of Construction and
Housing Associates Affordable the issuance of
� 5 Conditional Loan $ 8.438 595 09/22/2009 L.P. Housin es Occu an 3% $ 7 886 337
� ConstructionlR
f ehabilitation of
' Warehouse at Affordable
' 6 Conditional Loan $ 6,000 000 08/12I2008 Creekside LLC Housin es 08/14l2083 $ 6 000 000
ConstructioNR
ehabilitation of
� Amcal Pujol Fund Affordable
, 7 Conditional Grant $ 5,579 000 02/22/2011 L.P. Housin es $ 5 579 000
Construction/R
ehabilitation of
i Golem, Todd & Affordable
� 8 Loan $20 000.00 09/20/1999 Christine Housin Yes 09I20/2029 5.00% $15 846
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Construction/R
ehabilitation of
Affordable
8 Loan $22 400.00 O6/O6/2001 Na Linda Housina Yes 08106/2031 5.00% $9.388
ConstructioNR
ehabilitation of
Affordable
10 Loan $35 053.00 04/21/2009 Weido, Tanva Noel Housinp Yes 04/21l2039 5.00% $35,053
Construction/R
ehabilitatfon of
Deming, Joel and Affordable
11 Loan $40 800.00 05/05/2009 Rene Housina Yes 04l30l2039 5.00°k $40 800
Construction/R
ehabilitation of
Affordable
12 Loan $37 980.Q0 05M9/2009 Stoiber, Gretchen Housin Yes 05/19/2039 5.00% $37,980
Construction/R
ehabilitatian of
Affordable
13 Loan $56 961.00 06/23l2009 O'Brien Olaa Housin Yes 06123/2039 5.00°� $58 961
Construction/R
� ehabilitation of
, Affordable
14 Loan $29,700.00 06N5/2009 Guinto Jocel n Housin Yes 08/15/2039 5.00°h $29700
; Construction/R
t ehabilitation of
� Afiordable
15 Loan $48 000.00 09/14I2010 SeH Ben'amin W Housin Yes 09/14/2040 5.00� $48 000
� Construction/R
� ehabilitation of'
Covarrubfas, Xadrian Affordable
16 Loan $42,800.00 01/O6/2011 & Giulana Housin Yes 01/08/2041 5.00°� $42 800
Construdion/R
ehabilitation of
. Affordable
17 Loan $7 500.00 08/08Y1007 Edward James Olsen Housin Yes 08/06/2012 5.00°h $9,375
Construction/R'
ehabilitation oi
Angel & Andelina AHordable
18 For Ivable Loan $4 200.00 06/08/2007 Mammano Housin Yes 08/O6/2012 5.00�'0 $5 250
Construction/R
� ehabilitation of ,
Affordable
19 For ivable Loan $9 990.00 09/05/2007 Helen Ca ellia Housin Yes 09/05/2012 5.00�o $12 446
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Construction/R
ehabilitation of
Cayetano & Melinda Affordable
= 20 Fo ivable Loan $3,950.00 08/19l2007 Montano Housin Yes 09/19/2012 5.00% $4 921
Construction/R '
ehabilitation of
Christina C. Affordable
21 Fo ivable Loan $7.168.00 10/10/2007 Vanderharst Housin Yes 10l10/2012 5.00% $8,898
Construction/R
ehabilitation of
Affordable
22 Foraiva6le Loan $5,491.00 10/22/2007 Marv Iside Morelli Housinq Yes 10/22/2012 5.00°� $6.818
' Construction/R
ehabilitatlon of
Affordable
23 Foraivable Loan $6 579.00 10/03/2007 Tracv Cla on Hpusin Yes 10/03/2012 S.00�o $8 169
; Construction/R
ehabilitation of
Marcela & Roberto Affordable
24 Forpivable Loan $6,788.00 10I30/2�07 Navarro Housin Yes 10/30/2012 5.00% $S 428
E
Construction/R
ehabflitation of
Affordable
! 25 Fo ivable Loan $7 500.00 11/14/2p07 Deborah Hi h Housin . Yes 11/14/2012 5.00% $9 281
, Construction/R
� ehabilitation of
� Marquerite and Mary Affordable
26 For ivable Loan Y,6 810.00 11/19l2007 Martin Housin Yes 11/19/2012 S.OQ% $8 428
3 Construction/R
� ehabilitation of
� Alan & Lylliam Affordable
j 27 For ivable Loan $6 800.00 01 /22/2008 Brandon Housin Yes 01/22/2013 5.00% $8 358
1 ConstructioNR
ehabilitation of
� Affordable
28 For ivable Loan $7 500.00 02/07/2008 Jose h 8 Lisa DI iofa Housin Yes 02l07/2013 5.00% $9,188
ConstructioNR
ehabilitation of
' Affordable
29 Fo ivable Loan $7 SOO.pO 02/20/2008 Gani u Bello Housin Yes 02/20/2013 5.00% $9 188
; Construction/R
ehabilitation of
Clarence & Esther 8 Affordable
, 30 For ivable Laan 7 500.00 04/22/2008 Rita Louise Massie Housin Yes 04/22l2013 5.00% $9125
� _ _
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Construction/R
ehabilitation of
Sterlyn 8 Janie Affordable
! 31 ForqivableLoan $1094.00 05/27/2008 Ri sbv Housin Yes 05127/2073 5.00% $1 327
! ConstruclioNR
� ehabilitation of
Affordable
� 32 Forqivable Loan $7 500.00 06117/2008 Kathaleen McMurra Housin Yes 06/17l2013 5.00% $9 063
Construction/R
ehabilitation of
Marvin & Mary Affordable
33 Foroivable Loan $6,382.50 06/18/2008 MoRon HousinQ Yes OB/1812013 5.00% $7 888
Construction/R
ehabilitation of
Affordable
34 Foraivable Loan $7 585.50 O6/18l2008 Pauline Lois Lucas Housino, Yes 06H8/201� 5.QQyf� $9 166
Construction/R .
ehabilitation of
Affordable
� 35 For ivable Loan $8 450.19 OB/18/2008 Helen Chichester Housin Yes O6/18/2013 5.00% $7 794
j Construction/R
� ehabilitation of
� Affordable
{ 36 For ivable Loan $4 198.OQ OB/13/2008 Lisa Ybarra Housln Yes 08/13/2013 5.00% $5,035
i Construction/R
i ehabilitation of
; Affordable
( 37 Fo ivable Loan $7 376.17 08/21/2008 Rachel Petricka Housin Yes OS/21/2013 5.00% $8 851
� ConstructionlR
; ehabilitation of
Authur 8 Susan Affordable
� 38 For ivable loan $3 342.00 10l13/2008 Whitin Housin Yes 10/13/2013 5.00% $3 983
1
� Construction/R.
ehabilitation of
' Affordable
� 39 For ivable Loan $6 448.00 11/06/2008 Ursula Preston Housin Yes 11/OB/2013 5.00% $7 857
ConstructioNR
ehabilitation of
i Affordable
f 40 Fo ivable Loan $7 500.00 11/08/2008 Thomas Fi� erald Housin Yes 11/O6/2013 5.00°� $8 906
� Construction/R
� ehabilitation of
� Americo & Angela Affordable
41 For ivable Loan $3 000.00 12/77/2008 D'Ambrosio Housin Yes 12/77/2013 5.00% $3 550
�
�
i
� _ _
Construction/R
ehabilitation of
Affordable
42 Fo ivable Loan $7,432.00 03/04/2009 Mollie Manueli Housin Yes 03/04l2014 5.00°h $8.�02
� Construction/R
ehabilitation of
� Ahmet & Hulya Affordable
43 Fo ivable Loan $7 500.00 03117/2009 Baskent Housin Yes 03/17/2014 5.00°� $8 781
ConstructionlR
ehabilitation of •
Steven & Lena Affordable
44 Forafvable Loan $7 495.02 09115/2009 Mocibar Housina Yes 09/15/2014 5.00°h $8,588
Construction/R
ehabilitation of
Affordable
45 For ivable Loan $7 453.28 08112/2009 Gretchen L. Stoiber Housin Yes 08/12l2014 5.00% 58.571
Constructfon/R
ehabilitaUon of
Affordable
46 For ivable Loan $8 720.00 07N0/2008 Jason Gerber Housin Yes 07/10/2014 5.00°k $7 756
� Construction/R
� ehabilitation of
� Eric K. & Mary'ory Affordable
47 Fo ivable Loan $8 538.42 OSH 3/2009 Plain Housin Yes 08/13/2014 5.00% $7 517
Construction/R
� ehabilitation of
j Affordable
48 Fo Ivable Loan $6,153.90 10l20/2009 ShiAe Re es Housin Yes 10/20/2014 5.00% $7 028
Construction/R
� ehabilitation of
i Clarence 8 Doris Affordable
I 49 For ivable Loan $3 059.00 08/09/2009 Elder Housin Yes 06/09/2014 5.00% $3 544
i " Construction/R
ehabilitatlon of
; Affordable
I 50 For ivable Loan $7 500.00 07/27/2009 Jesus Mo a Housin Yes 07/27/2014 5.00°� $8 656
Construction/R
, ehabilitation of
, William 8 Maria Affordable
i 51 Fo ivable Loan $7 459.70 07124/2009 Stanton Housin Yes 07l24/2p14 5.00% $8 810
� Construction/R
� ehabilitation of
Affordable
52 For ivable Loan $5 377.23 07/27/2009 Enid Gessow Housin Yes 07/27/2014 5.00% $8 206
I
I
� _ �
�
Construction/R
ehabilitation of
Jeremy & Sueann Affordable
53 Foraivable Loan $10 000.00 OS/24/2010 Garzon Housin Yes 08/24/2015 5.00°� $11 000
ConstructioNR
ehabilitation of •
Affordable
54 Fo ivable Loan $10.000.00 OSl31/2010 Nicole Glenn Housin Yes OS/37/2015 5.00�4 $11 500
Construction/R
ehabilitatlon of
Daniel 8 Brandy Affordable
55 Foraivable Loan S7 319.00 09/18l2070 Williams Housin Yes 09/16/2015 5.009�0 $8 021
ConstructioNR
ehabilitation of
Affordable
56 Forqivable Loan $7,034.12 09/16/2010 Reannette Granzow Housin Yes 09/18/2015 5.09°� $7,708
Construction/R
Oscar Uribe Vargas ehabilitation of
• & Martha Vargas Affordable
57 Fo ivable Loan $7 954.57 10/0�/%410 Castro Housin Yes 10/01/2015 5.00% $8 884
Construction/R
� ehabilitatlon of
Affordable
58 For ivable Loan $10 000.00 10/01/2010 Debra Moreno Housin Yes 10/01/2015 5.00�o $10.917
ConstructioNR
ehabilltation of
� Affordable
59 For ivable Loan $10,000.00 10/28/2010 John & Kristin Bobst Housin Yes 10/28/2015 S.00�o $10,917
� Construction/R
ehabilitation of
Luis 8 Maria Affordable
60 Fo ivable Loan $5 419.00 11/02/2010 Escalante Housin Yes 11l02/2015 5.00% $5 893
Construction/R
ehabilitatlon of
Misael E. & Amy S. Affordable
i 81 For ivable Loan $10,000.00 11/24/2010 Ortiz Housin Yes 11/24/2015 5.00% $10 $75
I ConsiructionlR
ehabilitation of
Robert & Karen Affordable
� 62 Fo ivable Loan 9,448.00 12/08/2010 Issteib Housin Yes 12/08/2015 5.00% $10 235
� Construction/R
ehabilitation of
Brain and Crystal Affordable
j 63 For ivable Loan $8,826.00 01/31/2011 8rau ht Housin Yes 01/31/2018 5.00�o $9 308
1
� -
_ � _
Construction/R
Shana Brooks- ehabilitation of
Schmit 8 Sebastien Affordable
64 Foraivable Loan $9 562.00 02/08/2011 Maro-Gu Schmit Housin Yes 02/08/2016 5.00°k $10,301
Construclion/R
ehabilitation of �"
' Affardable
65 Foraivable Loan $9,880.00 03107/2011 Robert G. Mertinez Housin Yes 03J07/2018 5.00°k $10 580
Construction/R
ehab(litation of �
Affordable
66 For ivable Loan $7 973.50 03/14/2011 Michele Alexander Housin Yes 03/14/2018 5.00% $8,538
Constructfon/R
ehabilitation of
Affordable
67 Fo ivable Loan $8,990.00 04/06/2011 OI a O'Brien Housin Yes 04/O6/2018 5.00°k $9,569
Construction/R
ehabilitatlon of
Affordable
68 For ivable Loan $7 676.25 03H 5/2011 Juanita Diaz Housin Yes 03115/2018 5.00�o $8 220
Construction/R
� ehabilitation of
Affordable
69 For ivable Loan $5 766.88 05l12/2011 Joel & Rene Demin Housin Yes OS/12/2016 5.Q0% $6 127
# Construction/R
i
ehabilitatlon of
' Philip & Carrie Affordable
! 70 Fo ivable Loan $10 000.00 03H6/2011 Sanchez Housin Yes 03/18/2018 5.00�o $10 708
' Construction/R
i ehabilitation of
Affordable
71 Fo ivable Loan $9 545.00 03/18/2011 Jose & R ina Diaz Housin Yes 03118/2Q18 5.00% $10,221
_ _ _
' Exhibit E - Rents/Operatlons •
City of Temecula
; Inventory of Assets Received Pursuant to Health and Safety Code sectlon 34176 (a) (2)
� � � € y � t 4 . � ' � .. 1 .. � � � � � . ; ( � . � .
' `, ' � ,; � � � - E � � � • � :. - ' � It6m 1{�irqh =
a � � - � � � � � �EntHyto which � , � � � ' , le the property , i� �b�hlbk�A tha
?
� , Type of proparty � - the collected 'Purpose for.� encumbered �` ` � re�/operetion;
t -`� which they` ; �- Entity thet ,; �payme►na are -� - whlch:the � pby a low-mod � 8ource,of low- r is associated
"� ._; .�' -. � .
' " � �colleets the uitimatel
, . � ° ,r � � i PeymeMs are; ProPeKY - , Y, ' �' PaymeMa are � houaln' .modiliousin � with 1/,
e 9 ! ,. l
Item q._ �w ot. ayment al , , sseoclated�bl` �; ' owner , ' ' paymente ; , remltted , ; • used y _ , covenant4 : , , 'covenaM cf , „ �; appllcable)
28500 Housing Housing California
Low-Mod PuJol Successor Successor Affordable Redevelopment
1 Residual Recieot Housinq SUeet L.P. Apen Apenc . Housinq Yes Law
Temecula Housing Housing California
' Annual Compliance Low-Mod Gardens Successor Successor Affordable Redevelopment
2 Monitorin Fee Housinq l.P. Aqencv A enc Housinq Yes Law 1
28500 Housing Housing California
� Annual Compliance Low-Mod Pujol Successor Successor Affordable Redevelopment
3 Monitorin Fee Housin Street L.P. A en A en Housin Yes Law
Cochel a
Valley Housing Housing California
� Annual Compllance Low-Mod Hausing Successor Successor Affordable Redevelopment
, 4 Monitorin Fee Housin Caalition A enc A enc Housin Yes Law
i Creation of
i Golem, Housing Housing maintenance Califomia
� Principal and Interest Low-Mod Todd 8 Successor Successor for affordable Redevelopment
3 5 from Homeowners Housin Christlne A en A en housin Yes Law
� Creation of ,
� Housing Housing maintenance Califomia
Principal and Interest Low-Mod Successor Successor for affordable Redevelopment
� 6 from Homeowners Housin Na , Linda A enc A enc housin Yes Law
� Creation of '
4 Housing Housing maintenance Califomia
Principal and Interest Low-Mod Weido, Successor Successor for affordable Redevelopment
I 7 from Homeowners Housin Tan Noel A enc A en housin Yes Law
Creation of
Deming, Housing Housing maintenance Califomia
Principal and Interest Low-Mod Joel and Successor Successor for affordable Redevelopment •
8 from Homeowners . Housin Rene A en A enc housin Yes Law
� Creation of
i Housing Housing maintenance California
( Principal and Interest Low-Mod Stoiber, Successor Successor for aifordable Redevelopment
9 from Homeowners Housin Gretchen A enc A en housin Yes Law
I
_ _ _
i
Creation of
, Housing Houstng maintenance California
� Principal and Interest Low-Mod O'Brien, Sucxessor Successor far affordable Redevelopment
10 from Homeowners Housin OI a A enc Aaen housin Yes Law
Creation af
, Housing Housing malntenance CeliFornia
Principal and Interest Low-Mod Guinto, Successor Successor for affordable Redevelopment
11 from Homeowners Housi Jocel en A en housin Yes Law
Creation of
Self, Housing Housing maintenance Cal'domia
Principal and Interest Low-Mod Benjamin Successor Successor for affordable Redevelopment
12 from Homeowners Housin W Aaencv Aaen housina Yes Law
Creation of
Covarrubia Housing Housing malntenance Califomia
Principal and Interest Low-Mod s, Xadrian Successor Successor for affordable Redevelopment
, 13 from Homeowners Housina 8 Giulana A enc A enc housin Yes Law
payments from developers, conditlonal grant repayments, costs savings and �
' commerGal space, mixed-income housing with commeraal space.
� •
, and federal funds reqWrements.
I
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_ _ _
I
2 Exhibit F - Rents
City of Temecula
� Inventory of Assets Recelved Pursuent to Health and Safety Code sectlon 34178 (a) (2)
� �",�.� ��n `�,*SW�.' �, �.'�^ '�ir � l�t� i > � u � `' 4 ,, a �� �r 1 � .., �..,,. �ua � �. �. � F �'. � ' , , � ., �
� �� � r� �� �. �''� �- # " � F; � 4.- g ,' t � ; '� �. ,. � � �
� g � ' ° ' �� "'" � "t� " � � � EI111ty tO Whteh � rt c z � : 118 th9 propertyl "` } item q,from
�{�' a =�.�, ` ?ri1t11; �� �� � t'teEnll .:h'� p�rtiNl9�oollflCCed� Purpose'foi ; a n a umbeed ;: �--+ ;; l° E7thIbItA�lheleilf
, � , �, ,�� ; ��,� ' ��, ; . .. �� �. �� ty,t at apayment are wh ch t , ex _ , b ,a toiv�,mod� - 8o"ums,of Icw�' ts aesoolaled}
. x . ° _... �' r �•� : -. � # e��s3v. a °, � y �.. e � �.4sw�' �
; ; , � y �, paymerrie ere' , � Property �� �aolteets the � � :� ° Wqmetaly� � �y paym�enta are � ;' fipus�ngx . ' �emod tioyalne � ,with Nd '
a 5� e� �- �'�.t : x��� , � � . ��U86d<. . � � ,r ) . . � z'�.::,. .�� � . t x. , .. . j�,,�, `,�.
Iteit►i#�i �e� ,of: a ent�ail,�f F , .�a�scotated�bl��. � ,�� �owner . .,,. ,. � . ,��`. ... •,�remlUe�Ua '� k' -, . �;?� ,� unveaeaCl, : . E. ,aovenant� �rl ,„ ; �<aPPllcahle)T .,
CreaUon and Caiifomia
Temecula Housfng Housfng maintenance Redevelopment'
Gardens Successor Successor of'affordable Law, Bond
1 Ground Lease Rent Low-Mod Housin L.P: A en . en housin e� Indentures 1
. Creation and
28500 Housing Houstng' ma(ntenance Caiifomia
Rujol Successor Successor of affordable Redevelopment
2 Residual Recie t Low-Mod Housin Street L.P. A en e housin Law
I al May Indude rents or home loan paymenfs.
�
I bl May InGude low�mod hausing, mlxedancome housing, low-mod housing with
i commerclal space, mlxed-Income housing with commerdal space.
' c! May indude Califomla Redevelopment Law, hax aedlts, state bond IndenWrea, and
; federal tunds reqWrements.
(
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_ _ _
� Exhibit G - Defemals
Clty oi Temecula
Inventory of Aaseta Recelved Pursuant to Health and Safety Code seetlon 34178 (a) (Y)
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1 HSC 33690 c 118� HSC 33890.5 c 1 20Q9201U $ 4 354 450 S 4 364 450 2015
2 HSC 33690 c 1.8 HSC 33690.5 c 1 2010-2011 $ 898 504 $ 898 504 2015
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