80B - JOINT - FIVE-YR IMPLEMENTATION PLAN

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Future Loan Repayments Although not projected during the five-year Implementation Plan period, there is the potential for cash deficits, requiring short-term loans. However, to the extent unforeseen declines in tax increment revenue occur, future deficits may be funded from other Agency financing sources as necessary, with such loans advanced to the Agency to meet any future cash deficits, and repaid on a pay-as-you-go basis in subsequent fiscal years. The anticipated projects, programs or activities that the Agency may undertake as future resources, were presented above. Table 5: Anticipated Expenditures (FY 2010/11- FY 2014/15) Bond Debt Service $68,889,000 Transfers In (1998 vs. 19889 DS Credit) (6,203,000) SERAF 2010-11 Payment 3,680,000 ERAF & SERAF Housing Fund Repayment 8,036,000 ERAF & SERAF So. Main Comml Corridor Fund 3,303,000 Repayment Administration 26,186,000 Contractual Obligations 21,803,000 Capital Projects 8,030,000 So. Main 20% Commercial Corridor Fund 12,113,000 Total Expenditures 145,837,000 A summary of the cash flow of the Agency over the term of this Implementation Plan is shown in Table 6. Table 6: Projected Agency Cash Flow (FY 2010/11- FY 2014/15) Tax Increment & Interest Earnings $142,157,000 Carry-Over Funds for SERAF 2010-11 Payment 3,680,000 Total Revenues 145,837,000 (Less) Total Expenditures (145,837,000) Revenues Available for Discretionary Projects $0 RELATIONSHIP BETWEEN GOALS AND OBJECTIVES, PROGRAMS, PROJECTS AND EXPENDITURES The achievement of the Implementation Plan Goals and Objectives (through the specific projects, programs and expenditures) will partially eliminate blighting conditions within the Merged Project Area. This Implementation Plan does not attempt to outline a plan to eliminate Santa Ana Community Redevelopment Agency Imp July 1, 2010 to June 30, 2015 For the Merged Santa Ana Redevelopment Project ?T0C 30 Page