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SA_FULL PACKET_2016-07-05
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SA_FULL PACKET_2016-07-05
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Last modified
6/30/2016 5:41:03 PM
Creation date
6/30/2016 5:40:40 PM
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
3
Date
7/5/2016
Destruction Year
2021
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Ms. Susan Gorospe May 16, 2016 <br />Santa Ana Community Development Agency Page 5 <br />12. No Growth Projection of Pledged Tax Revenues - An alternative "no growth" <br />projection of the pledged tax revenues for each Project Area and a combined <br />summary will be prepared based on FY 2015 -16 assessed values and then be <br />updated upon release of FY 2016 -17 Project Area assessed values. <br />13. County Allocation Procedures - A summary explanation of the County <br />assessment, tax collection and RPTTF tax allocation practices will be presented <br />In the Fiscal Consultant Report. <br />14, Fiscal Consultant Report —A draft Fiscal Consultant Report will be submitted to <br />the financing team for review and comment based on FY 2015 -16 roll data. A <br />final version of the Report incorporating FY 2016 -17 roll data will then be <br />submitted for inclusion in the bond documents. <br />15. Finance Team Supporting Tables —The Fiscal Consultant Report tables <br />created from Excel files and narrative drafted from Word files will be provided to <br />the financing team for inclusion in official statements, and credit presentations. <br />Iii. QUALIFICATIONS AND EXPERIENCE <br />Prior to the elimination of California redevelopment agencies under A6 1x26, Fiscal <br />Consultant services for a given project area typically included: <br />Review of historic and current project area values, <br />Analysis of tax receipts and delinquencies, <br />Identification of the ten largest property owners, <br />Estimate of fiscal impacts due to open assessment appeals, <br />Analysis of senior lien tax sharing obligations and <br />Projection of long -term tax increment revenues. <br />The pre- dissolution Fiscal Consulting expertise of our firm has carried over Into the post - <br />dissolution bond refinancing undertaken by various successor agencies throughout <br />California on the following bond refundings with individual Successor Agencies: <br />1005011.fSH <br />98500.000.002 <br />3 -211 <br />
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