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Home My WebLink About2004-2005 State Controller Report 'Glo RE-CFI v F�D I 20BG MAY —3 PM 1 59 f t,. s � s 4 � �L i B ri v nr Council/Agency Meeting Held S p9 i F U "h i i;T O N E A C H Deferred/Continued to pproved ❑ Conditionally Approved ❑ Denied I y ler Sign re Council Meeting Date 5/15/2006 Department ID Number ED 0619 RAA CITY OF HUNTINGTON BEACH REQUEST FOR REDEVELOPMENT AGENCY ACTION i SUBMITTED TO HONORABLE CHAIRMAN AND �REDDEVELOPMENT AGENCY MEMBERS C"4 ` SUBMITTED BY PENE OPE CULBRETH-GRAFT DPA El ECUTIVE DIRECTOR PREPARED BY STANLEY SMALEWITZ, ASSISTANT E ECUTIVE DIRECTOR 11 1 SUBJECT Receive and File 2004-2005 State Controller Report i Statement of Issue Funding Source Recommended Action Alternative Action(s) Analysis Environmental Status Attachment(s) Statement of Issue Section 33080 1 of the State of California Health and Safety Code ("Redevelopment Lave') requires that the Redevelopment Agency (Agency) prepare an Annual Report that is sent to the State Controllers Office Th report is now being submitted to the Redevelopment Agency for formal receipt and filing Funding Source Not applicable Recommended Action Motion to 1 �I 1 Receive and file the 2004-2005 State Controllers Report { Alternative Action(s) Not Applicable Analysis The Redevelopment Agency is required to annually submit its State Controllers Report to the State Controller's Office (SCO) I he report being submitted is comprised of information regarding the Agency s financial try nsactio I s blight progress, as well as loan property and housing activities for the fiscal year of 2004/2005 A copy of the Agency s audit was also sent to the State Controller as part of the repo This information is used at the state level to monitor the Agen y s activities and report on the progress of redevelopment and affordable housing proje� ts and financing throughout California Economic Development and Finance Department staff jointly prepared the report which must now be formally received by the Redevelopment Agency REQUEST FOR REDEVELOPMENT AG ENCY ACTION MEETING DATE 5/15/2006 DEPARTMEN I ID NUMBER ED 0619 RAA Environmental Status Not applicable Attachments) City Clerk's Page NumberNo. Description 1 2004-2005 State Controller's Report I( financial itransactions and blight F 2 progress) tia Housing Activity Report 1 2 5/2/2006 9 21 AM 1 :f 1 I 2004-2005 State Controller Report (Financial Transactions and Blight Pro ress) I� I Attachmento . 1 f �l i City of Hunting on Beach 2000 MAIN STREET I CALI FORNIA 92648 ,Fe DEPARTMENT OF ECONOMIC DEVELOPMENT 1 Director 714/536 5582 Redevelopment 714/536-5582 FAX 714/375-5087 Ho sing 714/536-5542 April 25, 2006 State Controller s Office Division of Accounting and Reporting Local Government Reporting Section—Redevelopment Unit 3301 C Street Suite 500 Sacramento, CA 95816 Dear State Controller Enclosed are the following reports as requested by your offic 1 The California State Controller s Financial Report co er form for Community Redevelopment Agencies and Additional Reports for tate Controller—Blight Progress the Loan Report, and Property Report (Als enclosed is a computer disk containing this information) 1 2 California s Housing Community Development s (H n CD) signature form for Fiscal Year Ended September 30 2005 (report filed electro �ically with HCD April 25 2006) 3 Bureau of Census survey form 4 Annual Financial Report(Audited) —Redevelopment Agency of the City of Huntington Beach for the Year Ending September 3 i 2005 (i copies) 5 Statement of Indebtedness for the 2005-2006 Tax Yee r (debt al of June 30 2005) If you have questions regarding the enclosed reports please ake contact via the phone numbers listed in the reports Sincerely Stanley Smalewitz Deputy Executive Director r I f REDEVELOPMENT AGENCIES FINANCIAL TRANSACTIONS REPORT COVER PAGE Redevelopment Agency Of The City C f Huntington Beach Fiscal Year 2006 ID Number 13983037600 Submitted by I Deputy Executive Director of Redev' to ment Agency Signature Title ' Stanley Smalewitz y �o� Name (Please Print) Date G Per Health and Safety Code section 33080 this report id due within six months after the end of the fiscal year The report is to include two(2)copies of the agency s component unit audited financial statements and the report on the Status and Use of the Low and Moderate Income Housing Fund (HCD report) To meet the filing reqL irements all portions must be received by the California State Controllers Office I I To file electronically To file a paper report 1 Complete all forms as necessary 1 Compl to all forms as necessary 2 Transmit the completed output file using a File 2 Sign th s cover page and mail complete report to either Transfer Protocol(FTP)program or via diskette address b low with 2 audits and the HCD report 3 Sign this cover page and mad to either address below with 2 audits and the HCD report Report will not be considered filed until receipt of this signed cover page Mailing Address Express Mailing Address State Controllers Office State Controller s Office Division of Accounting and Reporting Divisiop of Accounting and Reporting Local Government Reporting Section Local government Reporting Section P O Box 942850 3301 CI Street Suite 700 Sacramento CA 94250 Sacra ento CA 95816 I I k 1 State Controller's Offic Division of Accounting and Reporting Fax Number (916) 327-3162 i 2005-06 Redevelopment Reporting Informatio Order Form Please check the items you want mailed to you t l Automated Financial Reporting Program CD (Instru tions included on CD) Redevelopment Paper Reporting Forms (including UIIS Bureau of Census form) Redevelopment Paper Reporting Instructions Dept of Housing and Community Development(HC )Reporting Forms HCD Instructions 4 Statement of Indebtedness Reporting Forms � Statement of Indebtedness Instructions Name of redevelopment agency and person requesting the informatio Redevelopment Agency ID Number 13983037600 Redevelopment Agency Redevelopment Agency oF the City of Htmtingtan Beach Mailing Address 2000 Main. Street City State Zip Code Beach CA 92 48-2702 Telephone Number ( 714 ) 536-5506 Contact Person Janet Lockhart ` E mail Address -- jockhar0surfcity-hb o^9f Mail or fax order form to State Controllers Office Division of Accounting and Re orting Local Government Reporting S ction—Redevelopment Unit P O Box 942850 Sacramento CA 94250 Fax (916) 327-3162 Please call (916) 445-5153 it you have any questions regarding this fo Supplement to the Annual Report of Community Re eveloprnent Agencies For the Fiscal Year Ended June 30, 006 Redevelopment Agency ID Number 13983037600 11 { Name of Redevelopment Agency Redevelopment ency lof the City of tu�igton Bc The U S Bureau of the Census requests the following informa ion about the fiscal activities of your government for the 2005-2006 fiscal year(d fined from July 1 2005 through June 30 2006) Governments furnishing this mformat on will no longer receive Census Bureau Form F-32 Survey of Local Government Finances ces If you have any questions please contact U S Bureau of the Census Elizabeth A Bethoney 1-800-2424523 A Personnel Expenditures Report your government s total expenditures for salaries and w ges during the year including amounts paid on force account construction projects) Z00 $ 3021,557 B Mortgage Revenue Bond Interest Payments i Report your government s total amount of interest paid on mortgage rev Ienue bonds during the year ` U20 $ 1 U S Bureau of the Census—Revised 05/2005 r Redevelopment Agency Of The City Of Huntington-Beach ti u Redevelopment Agencies Financiai Transactions Report µ } z General Information Fiscal Year 2006 Members of the Governing Body Middle Agency Officials Middle Last Name First Name Initial Phone Last Name First Name Initial Chairperson Sullivan IDave Executive Director Culbreth Graft jPenny I n (714)536 5575 Member ICoerper I Gil a Fiscal Officer IVdlella I IDan j I(714)536 5225 Member lKeith Secretary IFlynn Joan (714)536 5404 Member Cook IDebbie Report Prepared By Independent Auditor Member Green Cathy Firm Name Icaponcci and Larson Member IHansen Don Last Lockhart Icaporicci Member Hardy Jill 0 First Janet Gary Member Middle Initial Member Street 2000 Main Street 3184 D Airway Avenue Member City Huntington Beach Costa Mesa Mailing Address State CA CA Zip Code 92648 92626 Street 1 2000 Main Street — —Phone (714)536 5506— (877)862 2200 Street 2 City Huntington Beach State CA Zip 192648 Phone _ ~� Is Address Changed? l General Information Page 1 4/24/06 5 Redevelopment Agency�Of TheCity_Of Huntington¢each R � , Redevelopment Agencies Financial TTransactlons Report��.�� x s,pu��. � Achievement Information (Unaudited) Fiscal Year 2006 Indicate Only Those Achievements Completed During the Fiscal Year of this Report as a Direct Result of the Activities of the Redevelopment Agency Please provide a description of the agency s Square Footage Completed activities/accomplishments during the past Enter the amount of square year footage completed this year by (Please be specific as this information will building type and segregated by New Rehabilitated be the bans for possible inclusion In the new or rehabilitated construction Construction publication) , 4 ' Activity Report Commercial Buildings 77 473 During this year the RDA continued to implement the projects that were described Industrial Buildings in the Implementation Plans and the Ten Year Housing Compliance Plan namely Public Buildings 582 897 HUNTINGTON BEACH PROJECT(MERGED AREA) Hyatt Regency Huntington Beach Resort and Spa Other Buildings —� Waterfront Residential Pacific City Total Square Footage 660 370 0 The Strand(Blocks 104 10S in the Main Pier sub area) Enter the Number of Jobs Created Bella Terra from the Activities of the Agency South Beach Improvements Edinger Corridor Specific Plan Types Completed JACDE SOUTHEAST-COASTAL-PROJECT Utility Undergrounding A=Utilities B=Recreation C=Landscaping D=Sewer/Storm E=Streets/Roads Huntington Beach Wetlands Conservancy Grant F=Bus/Transit Seawater Desalination Facility HOUSING Habitat for Humanity Colette s Children s Home#1 Colette s Children s Home#2 Studios at Center Each of these projects are more fully described in subsequent sections of this report Achievement Information(Unaudited) Page 1 4/24/06 Redevelopment Agency Of The City�0jf Huntington Beach Redevelopment Agencies Financial TransactlonsµReport, Y Achievement Information (Unaudited) Achievement Information(Unaudited) Page 2 4/24/06 r �Rede' lopment`q ency Of The Clty Of Huntlr►gton'Beach ^a s t r .� .3-T,C' ..,Tk � tom. -� Redevelopment Agencies�Ffnancial Transactions Report Audit Information Fiscal Year 2006 Was the Report Prepared from Audited Financial Data Yes If compliance opinion includes exceptions and Did You Submit a Copy of the Audits state the areas of non compliance and describe the agency s efforts to correct Indicate Financial Audit Opinion Unqualified If Financial Audit is not yet Completed What is the Expected Completion Date? If the Audit Opinion was Other than Unqualified State Briefly the Reason Given Was a Compliance Audit Performed in Accordance with Yes Health and Safety Code Section 33080 1 and the State Controllers Guidelines for Compliance Audits and Did You Submit a Copy of the Audit? Indicate Compliance Audit Opinion lunqualified If Compliance Audit is not yet Completed What is the Expected Completion Date? Audit Information Page 1 4/24/06 � .Xti�'•R'!'"kSt�"'� � �"Y"R°'�r��"� i$a�. �°. 1""'0 Redevelopment Agency�Of The City Of.Huntinagton v f xRZ4— �E— - , s 11 v-:- � cv a y" m,- Redevelopment Agencies Financial�Transactions Report + Si,. Project Area Report Fiscal Year 2006 Project Area Name Consolidated Low and Moderate Income Housing Funds Please Provide a Brief Description of the Activities for this Project Area During the Reporting Year Forwarded from Prior Year? V Yes Enter Code for Type of Project Area Report L Activitv Report P=Standard Protect Area Report A=Administrative Fund 1 Habitat for Humanity(Delaware L=Low and Moderate Income Housing Fund M=Mortgage Revenue Bond Program site) The Redevelopment Agency O=Other Miscellaneous Funds or Programs S=Proposed(Survey)Project Area approved the purchase of a City Does the Plan Include Tax Increment Provisions? owned vacant parcel at 2502 I Delaware for$153 000 using HOME Date Project Area was Established (MM DD YY) funds for a future Habitat for Most Recent Date Protect Area was Amended Humanity project This project will complete a 4 unit Yorktown corridor Did this Amendment Add New Territory affordable housing development Most Recent Date Project Area was Merged partnership between the Agency and Habitat Projected completion date Will this Project Area be Carried Forward to Next Year? Yes for construction affordable single family home is September 2006 Established Time Limit The Huntington Beach home was the Repayment of Indebtedness (Year Only) Habitats Women Build Project for 2005 in that they will use building Effectiveness of Plan (Year Only) —� the home using mostly female New Indebtedness (Year Only) volunteers 2—Colette s Children s Home #1 Size of Project Area in Acres Colette s Children s Home is a non Percentage of Land Vacant at the Inception of the Project Area profit agency that provides Health and Safety Code Section 33320 1 (xx x/) emergency housing to homeless women and their children A _ Percentage of Land Developed at the Inception of the Project Area ---- $400 000 loan of Housing Set Aside Y' Health and Safety Code Section 33320 1 (xx x/) funds is funding the acquisition and a long term affordability covenant Objectives of the Project Area as Set Forth in the Project Area Plan (60 years)of a four plex located at (Enter the Appropriate Code(s)in Sequence as Shown) 7702 Cypress Avenue in the Oakview R=Residential I =Industrial C =Commercial P=Public O=Other Project Area Report Page 1 4/24I06 � Redevelopment Agency;Of�The City30f��Fiuntingtan Be�ch�-��k asz ,�� , f y V� 4�� W r w Redevelopment=Agencies Financial Transactions �teport-, � � s s Project Area Report Fiscal Year 2006 Project Area Name Huntington Beach Redevelopment Project Area No 1 Please Provide a Brief Description of the Activities for this Protect Area During the Reporting Year Forwarded from Prior Year? Y�e5 Enter Code for Type of Protect Area Report P Activiti Reoort- P=Standard Protect Area Report A=Administrative Fund 1 The Hyatt Regency Huntington_ L=Low and Moderate Income Housing Fund M=Mortgage Revenue Bond Program Beach Resort and Spa The 517 O=Other Miscellaneous Funds or Programs S=Proposed(Survey)Protect Area room Hyatt Regency Huntington i Does the Plan Include Tax Increment Provisions? Yes Beach Resort&Spa and its Conference Center opened for Date Protect Area was Established (MM DD YY) 12/1U82 business on January 19 2003 Due Most Recent Date Protect Area was Amended 8/5/02 to the success of the protect the Redevelopment Agency has paid a Did this Amendment Add New Territory No total of$4 748 561 towards its Most Recent Date Protect Area was Merged Developers Advance Loan leaving an i estimated balance of$9 3 million as Will this Protect Area be Carried Forward to Next Years Yes of December 2005 2 Waterfront Residential Located Established Time Limit directly behind the Hyatt Regency i Repayment of Indebtedness (Year Only) 2034 Huntington Beach Resort and Spa by the end of 2005 nearly all of the Effectiveness of Plan (Year Only) 2024 184 market rate residential New Indebtedness (Year Only) 2024 properties dosed escrow William Lyon Homes built 78 paseo homes Size of Protect Area in Acres 619 an Chnst flop er Homes built 106 Percentage of Land Vacant at the Inception of the Protect Area 50 courtyard homes The Health and Safety Code Section 33320 1 (xx x%) Redevelopment Agency will receive approximately$19 million in Percentage of Land Developed at the Inception of the Protect Area 1___ 95 0 - — Participation Payments due to the-- Health and Safety Code Section 33320 1 (xx xI) success of this development 3 Pacific City(First and Pacific Coast Objectives of the Protect Area as Set Forth in the Protect Area Plan RCPO Highway 31 Acre Site) Makar r e A Properties owns this key downtown (Enter the Appropriate Code(s)In Sequence as Shown) R=Residential I=Industrial C=Commercial P=Public O=Other Project Area Report Page 2 4/24/06 '� � �� Redevelopment Agency Of TheZiit,Of Huntington Beach Y M Red7° ,.,� �- z ^,.-��,r .,-. i 7+-e"�,"'" r.,yni�`" "� `�"""� ca""w��1 �-• ....�� t� '^� ,'*�'-caca^....... evelopment Age nciesFinancialTransactions Report` $N Project Area Report Fiscal Year 2006 Project Area Name Southeast Coastal Redevelopment Project Please Provide a Brief Description of the Activities for this Project Area Yes During the Reporting Year Forwarded from Prior Year? Enter Code for Type of Project Area Report P 'Acbvity Reoort P=Standard Project Area Report A=Administrative Fund 1 Utility Undergrounding Southern L=Low and Moderate Income Housing Fund M=Mortgage Revenue Bond Program California Edison is taking the lead in O=Other Miscellaneous Funds or Programs S=Proposed(Survey)Project Area doing the design work for under Does the Plan Include Tax Increment Provisions? Yes grounding the Edison utilities along PCH and is working with City staff Date Project Area was Established (MM DD YY) 6/17/02 CalTrans and the California State Most Recent Date Project Area was Amended Beaches Department 2 Huntington Beach Wetlands I Did this Amendment Add New Territory? Conservancy Grant The Most Recent Date Project Area was Merged construction of the block wall and associated landscaping is near Will this Project Area be Carried Forward to Next Year? Yes completion 3 Seawater Desalination Facility- Established Time Limit Negotiations with Poseidon Repayment of Indebtedness (Year Only) 2047 commenced I Effectiveness of Plan (Year Only) 2032 New Indebtedness (Year Only) 2022 Size of Project Area in Acres Percentage of Land Vacant at the Inception of the Project Area 1 1441 Health and Safety Code Section 33320 1 (xx x/) Percentage of Land Developed at the Inception of the Project Area 85 6 - �� Health and Safety Code Section 33320 1 (xx x%) Objectives of the Project Area as Set Forth in the Project Area Plan PO (Enter the Appropriate Code(s)in Sequence as Shown) R=Residential I=Industrial C=Commercial P=Public O=Other Project Area Report Page 3 4/24/06 Redevelopment Agrtcy COf The City Of HuntingtonBeachy� Redevelopment Agencies Financial Transactions Report y L 7 k% x t ` " 3 a nk Assessed Valuation Data Fiscal Year 2006 Project Area Name Huntington Beach Redevelopment Project Area �No 1 Frozen Base Assessed Valuation 159 035 961 Increment Assessed Valuation 989 590 629 Total Assessed Valuation 1 148 626 590 Assessed Valuation Data Page 1 4/24/06 Redevelopmentgency�Of The City Of�Huntington Beaci ,� �- � M ' ,5 Redevelopment=Agencies Financial Transactions Report';, w 4 r Assessed Valuation Data Fiscal Year 2006 Project Area Name Southeast Coastal Redevelopment Project Frozen Base Assessed Valuation 103 733 755 11 Increment Assessed Valuation 16 640 395 Total Assessed Valuation 120 374 150 i Assessed Valuation Data Page 2 4124106 r Redevelopment Agency-Of The City Of HunbngtowB,each ...._.✓,� «. m„,p � ,,..ry «, .,. �"" .--e ,m.,., --� _ v- Y+ 3� u � -q ....a�,,�,� "� d �. h '3`-, ""�..'h, nx� iF a; Y Redevelopment Agencies AFG anclal Transactions Report,u k J" w ' `.e» Pass Through/School District Assistance Fiscal Year 2006 Project Area Name Huntington Beach Redevelopment Project Area No 1 Tax Increment Pass Through Detail Other Payments Amounts Paid To Taxing H&S Code H&S Code H&S Code Total H&S Code H&S Code Agencies Pursuant To Section 33401 Section 33676 Section 33607 Section 33445 Section 33445 5 County 183 578 J1 $183 578 t k � Cities 101 037 F_ r $101 037 `-� School Districts 317 154 $317 154 Community College District — 1 75 954 $75 954 Special Districts 1 256581 $25 Total Paid to Taxing $0 $703 381 $0 $703 381 $0 $0 Agencies _ Net Amount to Agency j s $10 629 452 Gress lax Increment " _ 1 332 F333 Generated Pass Through/School District Assistance Page 1 4/24/06 Redevelopment Agency OfThe City--Of HuntingtowBeach � .s � vaz.,�., ✓ �. �.,�H r .w N,� �,.�a.�»., �, �,�,� � �L, ti� tea. M'�-C $ mRedevelopment Agencies Financial{Transactions Report4 Pass Through/School District Assistance Fiscal Year 12006 Project Area Name Southeast Coastal Redevelopment Project Tax Increment Pass Through Detail Other Payments Amounts Paid To Taxing H&S Code H&S Code H&S Code Total H&S Code H&S Code Agencies Pursuant To Section 33401 Section 33676 Section 33607 Section 33445 Section 33445 5 County 4 526 $4 526 ` _ x� Cities 6 611 School Districts 1 18 806 18$ 806 Community College District 39421 $3 942 Special Districts 1 545 $1 545 Total Paid to Taxing $0 $35 430 $0 $35 430 $0 $0 ` Agencies Net Amount to Agency .k � " $136 777 ' Gross Tax incrementu "� 1722a Generated Pass Through/School Distnct Assistance Page 2 4/24/06 w Redevelopment Agency�OfThe City Of Huknt ngton Beach rNs Redevelopment Agencies Financial TransactllowReport Summary of the Statement of Indebtedness Project Area Fiscal Year 2006 Protect Area Name Consolidated Low and Moderate income r ious�ng Funds �t UK � s Tax Allocation Bond Debt Revenue Bonds -� Other Long Term Debt City/County Debt Low and Moderate Income Housing Fund Other Total $0 Available Revenues Net Tax Increment Requirements $0� Summary of the Statement of Indebtedness Project Area Page 1 4/24/06 7a.e ".+ �r,� 'fir .. � ` ri� �a� ��'�'—•^"�F; RedeveCopment Agency{Of They CltyOf Huntl r�gtpt�{Beacham Redevelopinenti4gencies Financial Transactions Report= 1Aa�� Summary of the Statement of Indebtedness Project Area Fiscal Year 2006 Project Area Name Huntin on Beach Redevelopmenf,P�olect.�, 5 t allo Tax Allocation Bond Debt 42 070 757 Revenue Bonds 0 Other Long Term Debt 10 729 548 City/County Debt 89 283 960 Low and Moderate Income Housing Fund 40 296 126 Other 8 631 172 Tota 1 $191 611 563 Available Revenues 1 129 643 Net Tax Increment Requirements $189 881 920 Summary of the Statement of Indebtedness Project Area Page 2 4/24/06 ' r Redevelo ment Agq c Of The Clt y Of If ntington`,Beach Al Redevelopment Agencies FinanclaliTransactlons Report s"r` � " Summary of the Statement of Indebtedness Project Area Fiscal Year 2006 Project Area Name Sautiieast Coastal Redevefopmept P{b)ect Nri w }� ww-v Tax Allocation Bond Debt Revenue Bonds Other Long Term Debt City/County Debt 7 227 435 Low and Moderate Income Housing Fund 1 806 859 Other —`� Total �$9 034 294 Available Revenues 612 419 Net Tax Increment Requirements $8 421 875 Summary of the Statement of Indebtedness Project Area Page 3 4/24/06 1 rrZ' '� Wit '# ��.�:+��..�my_ �xc°fi zk 1- '�'�„° � rsr��-w 2'�v^�,s,-°�s.r y RedevelopmentKAgencyr Of The,City Of Fiunttngton Beach r f ,e•w -n .... >s S .,, -'�1u*'ax 4s ltavx u ..... v' ..y w .._ >,..k .,re SLR -a w ...e..... ,c.ab.ac4„xu...a.w {as .cte., has, � , - c �� AW A � � � �x—M - ramT �, � * 7 - Agencies Financial Transactions Report > 7 , � �Redevelopmen Agency Long Term Debt Fiscal Year 2006 Project Area Name Huntington Beach Redevelopment Project Area No 1 Forward from Prior Year ly6sl, 7 Bond Type City/County Debt Year of Authorization 1 1gg2 Principal Amount Authorized 104 501 018 Principal Amount Issued 104 501 018 Purpose of Issue Project Funding Maturity Date Beginning Year 2034 Maturity Date Ending Year 2034 Principal Amount Unmatured Beginning of Fiscal Year $89 284 958 Adjustment Made During Year Adjustment Explanation Interest Added to Principal 1520 690 Principal Amount Issued Dunng Fiscal Year Principal Amount Matured During Fiscal Year 4 924 921 Principal Amount Defeased Dunng Fiscal Year Principal Amount Unmatured End of Fiscal Year $86 880 727 Principal Amount In Default Interest In Default Bond Types Allowed Tax Allocation Bonds Revenue Bonds Certificates of Participation Tax Allocation Notes Financing Authority Bonds City/County Debt US State Loans Lease Obligations Notes Deferred Pass Throughs Deferred Compensation Other Agency Long Term Debt Page 1 4124106 � 'ls� "�s ,�e � kt�., � +%��7� Redevelo7 pnment�Agncy OfThe City Of4Huntmgton,,Beact�l ,a w a ,w ..... .,.,rw.,n "',r ,,,:,sa5*...w, .a::,a' «,.:,«-....�.�:4s.1� ...�..� � ,.. ��u.,, .. _. _.eS..i�..,_x..$.._�.�, M•:v'w9..vac,s�..a...,.w.r. x�..s✓.n.t �...,...?�c..»au Redefvelopment Agencies Financial Transactions Repot# Agency Long Term Debt Fiscal Year 12006 Project Area Name Huntington Beach Redevelopment Pro ect Area No 1 Forward from Prior Year es 7 Bond Type IDeferred Compensation Year of Authorization 2003 Principal Amount Authorized 143 600 Principal Amount Issued 143 0001 Purpose of Issue Compensated Absences Maturity Date Beginning Year 2003 Maturity Date Ending Year 2034 Principal Amount Unmatured Beginning of Fiscal Year $143 000 Adjustment Made During Year 126 000 Adjustment Explanation jApplies to decrease in deferred comp for fy Interest Added to Principal Principal Amount Issued During Fiscal Year Principal Amount Matured During Fiscal Year 01 Principal Amount Defeased During Fiscal Year Principal Amount Unmatured End of Fiscal Year $17 000 _ 7 Principal Amount In Default Interest In Default `Bond Types Allowed Tax Allocation Bonds Revenue Bonds Certificates of Participation Tax Allocation Notes Financing Authority Bonds City/County Debt US State Loans Lease Obligations Notes Deferred Pass Throughs Deferred Compensation Other Agency Long Term Debt Page 2 4/24/06 � `r� ex�fi _ , kn ecy B 'P�g .s3t *i1*'� ^'r r F-s c x.�� 4- ""�sz ,, �tx, m�s..',��" r> L road '� M sRedeveioPmentAgencies FYnancial Transactions Agency Long Term Debt Fiscal Year 2006 Project Area Name Huntin ton Beach Redevelopment Project Area No 1 Forward from Prior Year es , Bond Type Other Year of Authorization 1982 Principal Amount Authorized 35 000 000 Principal Amount Issued 35 000 000 Purpose of Issue Other Maturity Date Beginning Year 2034 Maturity Date Ending Year 2034 ......... .. .. . Principal Amount Unmatured Beginning of Fiscal Year $11 228 349 Adjustment Made During Year 1 2001 Adjustment Explanation prior year report was understated Interest Added to Principal 655 888 Principal Amount Issued During Fiscal Year Principal Amount Matured During Fiscal Year 1 302 363 Principal Amount Defeased During Fiscal Year Principal Amount Unmatured End of Fiscal Year $10 583 074 Prlrlcipal-A-m-ount nI—D-efaul Interest In Default --- - —Bond Types Allowed Tax Allocation Bonds Revenue Bonds Certificates of Participation Tax Allocation Notes Financing Authority Bonds City/County Debt US State Loans Lease Obligations Notes Deferred Pass Throughs Deferred Compensation Other Agency Long Term Debt Page 3 4/24/06 &sin. ks —��a �cJ,i3*"*h�-' .wis #�"'1'�''"' ""x� B �� ? a Redevelopment Agency,'Of;The=City$bf I�bntingt nkB4O ch ", '� �, � .aaR�s..�r�,�,� ti r n� � '�" � -U,,, �� qer ,��- t �a7a� Redevelopment AgenciesF�nancial Transactions Rep±vrf � w�� Z x Agency Long Term Debt Fiscal Year 2006 Project Area Name lHuntington Beach Redevelopment Protect Area No 1 Forward from Prior Year es t $ Bond Type ITax Allocation Bonds Year of Authorization 1999 Principal Amount Authorized 10 835 000 Principal Amount Issued 10 835 000 Purpose of Issue Refinance 1992 Loan Maturity Date Beginning Year 19979 Maturity Date Ending Year 2025 Principal Amount Unmatured Beginning of Fiscal Year 1 77 $8 840 000 Adjustment Made During Year Adjustment Explanation Interest Added to Principal Principal Amount Issued During Fiscal Year Principal Amount Matured During Fiscal Year 335 000 Principal Amount Defeased During Fiscal Year Principal Amount Unmatured End of Fiscal Year $8 505 000 Principal Amount In Default Interest In Default Bond Types Allowed Tax Allocation Bonds Revenue Bonds Certificates of Participation Tax Allocation Notes Financing Authority Bonds City/County Debt US State Loans Lease Obligations Notes Deferred Pass Throughs Deferred Compensation Other Agency Long Term Debt Page 4 4/24/06 ,.s h' a 4 4n# '�'"""'S.' v 'n 4� n� '-.' "f'',�'�m3v"' g,.gr �W '4-y 3.'°ll-`� xs,I1j.' rt a w- " t^ a Redevelopment Agency,',Of The City,Of�Huntington Beac , s a _ a e�° s a u a s «i ram: ss4an sn t a s Redevelopment Agencies Financial Transactl'Ons ReportR; � k k Agency Long Term Debt Fiscal Year 12006 Project Area Name Huntington Beach Redevelopment Project Area No 1 Forward from Prior Year Ye`s ,- Bond Type JTax Allocation Bonds Year of Authorization 2002 Principal Amount Authorized —209000001 Principal Amount Issued 20 900 000 Purpose of Issue Refinance 1992 PFA Debt Maturity Date Beginning Year 2002 Maturity Date Ending Year 2024 Principal Amount Unmatured Beginning of Fiscal Year $19 465 000 Adjustment Made During Year Adjustment Explanation Interest Added to Principal Principal Amount Issued During Fiscal Year Principal Amount Matured During Fiscal Year 765 000 Principal Amount Defeased During Fiscal Year Principal Amount Unmatured End of Fiscal Year 11— $18 700 000 Principal Amount In Default Interest In Default Bond Types Allowed Tax Allocation Bonds Revenue Bonds Certificates of Participation Tax Allocation Notes Financing Authority Bonds City/County Debt US State Loans Lease Obligations Notes Deferred Pass Throughs Deferred Compensation Other Agency Long Term Debt Page 5 4/24/06 'i' f�i "'3�F` ^'�1`r` x Z ^S."T"' `'' d'�3"w�ri t a '" SF"ax" g5 •h."`,"�s's+'rn m p"-tt.r a s '.."-�° ."c" a r v'. a.4` 4�T �4„ �� ,�Redevelopmen ►gency Of T�ae�Cl�y�Of�Huntmgton Bach ' � � .1��.�� ; y� a Z"§.u^tYMStIL . a.dc `ds`a`S.`L.us.+�a�w` 1 N s---^- M ns, .�,x..^pe ^Fr "'' x d ,� r,ry "` ""r6 ag,—` '>��"a 2. '$ai`ai kYu'�"ae t r Redevelopment�A act�ons�Rpor gencles FinancialTranse W _ Agency Long Term Debt Fiscal Year 12006 Project Area Name Huntin ton Beach Redevelopment Project Area No 1 Forward from Prior Year Bond Type US Year of Authorization I2000 Principal Amount Authorized 1 6 000 000 Principal Amount Issued 6 000 000 Purpose of Issue New loan Maturity Date Beginning Year 2000 Maturity Date Ending Year 2034 Principal Amount Unmatured Beginning of Fiscal Year $5 145 000 Adjustment Made During Year Adjustment Explanation Interest Added to Principal Principal Amount Issued During Fiscal Year Principal Amount Matured During Fiscal Year 210 000 Principal Amount Defeased During Fiscal Year Principal Amount Unmatured End of Fiscal Year r $4 935 000 Principal Amount In Default Interest In Default —Bond Types Allowed Tax Allocation Bonds Revenue Bonds Certificates of Participation Tax Allocation Notes Financing Authority Bonds City/County Debt US State Loans Lease Obligations Notes Deferred Pass Throughs Deferred Compensation Other Agency Long Term Debt Page 6 4/24/06 .ta—S'" ' a�.t?''a*'rri'v"'�e-� `+ "rr�""��rC-p�y -x�nc.s rrc.�rn ��„P'r- �.c'n„y, �,�'' v�iy`g��e�"`,ti•. '3', ''�,"�`Fk�� Y �,�'r` r w �Redevelopmerit Agenc�y�,Oaf,The,�Clty,�0f HuntiIn t 0n�Baac�� s= c, x g 5r"` '� a' 1,Fi A, "e a aI -r�� —,A,%�Ala. y�i'� y t,t�"� ?;K Try^'i& 'w Redevelopment Agencies Financial T�ransacfions4Re�ort Agency Long Term Debt Fiscal Year 12006 1 Project Area Name ISoutheast Coastal Redevelopment Pro ect Forward from Prior Year I� Bond Type City/County Debt Year of Authorization 2002 Principal Amount Authorized �— 7 282 374 Principal Amount Issued 474 885 Purpose of Issue Project Funding Maturity Date Beginning Year 2002 Maturity Date Ending Year 2047 Principal Amount Unmatured Beginning of Fiscal Year 4 Adjustment Made During Year I Adjustment Explanation Interest Added to Principal --� Principal Amount Issued During Fiscal Year 474 885J Principal Amount Matured During Fiscal Year Principal Amount Defeased During Fiscal Year Principal Amount Unmatured End of Fiscal Year $474 885 Principal Amount In Default Interest In Default Bond Types Allowed Tax Allocation Bonds Revenue Bonds Certificates of Participation Tax Allocation Notes Financing Authority Bonds City/County Debt US State Loans Lease Obligations Notes Deferred Pass Throughs Deferred Compensation Other Agency Long Term Debt Page 7 4/24/06 Redevelopment Agency Of Tl e�ty,OfAgtmgto4,dedch r d^ .ttam .s A'wm ._ ✓ P . .0..E.....aA.,.a.m�.SxiG? .cw. > ......c.aS ,.sk, 1 sr— .,z..< �a� tiY 4.rd .L3F.. VY. Redevelvpm�nt�Agencles Fina c�ai T tosactions Repor# Non Agency Long Term Debt Fiscal Year 2006 Project Area Name Huntington Beach Redevelopment Project Area No 1 Forward from Prior Year 5 Bond Type Mortgage Revenue Bonds Year of Authorization I 1991' Principal Amount Authorized 1 9 500 000 Principal Amount Issued 9 500 000 Purpose of Issue IFine Points Senior Complex Maturity Date Beginning Year 1991 Maturity Date Ending Year 2021 Principal Amount Unmatured Beginning of Fiscal Year 9 500 000 Adjustment Made During Year Adjustment Explanation Principal Amount Issued During Fiscal Year Principal Amount Matured During Fiscal Year Principal Amount Defeased During Fiscal Year Principal Amount Unmatured End of Fiscal Year $9 500 000 Principal Amount in Default Interest in Default Bond Types Allowed Mortgage Revenue Industrial Development Commercial Revenue Bond Certificate of Participation Non Agency Long Term Debt Page 1 4/24/06 h Redevelopment Agency Of The Clty;p�f Huntington Beach ,rV 4 - Redevelopment Agencies Financii Transactions Repkort Non Agency Long Term Debt Fiscal Year 2006 Project Area Name Huntington Beach Redevelopment Project Area No 1 Forward from Prior Year Yes , Bond Type Mortgage Revenue Bonds Year of Authorization 1996 Principal Amount Authorized 16 000 000 Principal Amount Issued 16 000 000 Purpose of Issue Huntington Breakers Maturity Date Beginning Year 1996 Maturity Date Ending Year 2026 Principal Amount Unmatured Beginning of Fiscal Year 1 16 000 000 Adjustment Made During Year Adjustment Explanation Principal Amount Issued During Fiscal Year Principal Amount Matured During Fiscal Year ^� Principal Amount Defeased During Fiscal Year Principal Amount Unmatured End of Fiscal Year $16 000 000 Pnncipal Amount m Default —T--- -- Interest in Default Bond Types Allowed Mortgage Revenue Industrial Development Commercial Revenue Bond Certificate of Participation Non Agency Long Term Debt Page 2 4/24/06 Redevelopment Agency Of�The1,CAY Of Huntington Beachy.,O a, vr�'�` Redevelopmen#Agencies Ftnanct�i Trans5c#ions Report x F> Statement of Income and Expenditures Revenues Fiscal Year 2006 Project Area Name Consolidated Low and Moderate Income Housing Funds Low/Moderate Special Capital Project Debt Service Income Housing Revenue/Other Funds Funds Funds Funds Total Tax Increment Gross $0 (Include All Apportionments) Special Supplemental Subvention 177 $0 Property Assessments $0 Sales and Use Tax $0 ` Transient Occupancy Tax $0 Interest Income 100 596 $100 596 Rental Income $0 Lease Income _ $0 Sale of Real Estate $0 E Gain on Land Held for Resale $0 EederaLGca Grants from Other Agencies $0 Bond Administrative Fees $0 Other Revenues _95 306 ___. $95 306— — TotalRevenues _$0 $0 _`$195902 _$0 ___$195902 Statement of Income and Expenditures Revenues Pagel 4/24/06 ' ` ' —...,r,". t �. 'S ty r �" y w $S'W �'}>y I a," M r � Redevelopment agency Of The citk�f Huntington Beach z� ,��, � �, �-+�-p ��«�'�-'"�e ,v x °�- :�"'��--^=-r�^a m-r--�F.- - �-� �",�` ��+.� L"`�+i"se'��^�.• �v ,Redevelopment X& ci4i , nancial Transactions Report; Statement of Income and Expenditures Revenues Fiscal Year 2006 1 Project Area Name Huntington Beach Redevelopment Project Area No 1 Low/Moderate Special Capital Project Debt Service Income Housing Revenue/Other Funds Funds Funds Funds Total Tax Increment Gross 11 332 833 $11 332 833 (Include All Apportionments) Special Supplemental Subvention $0 Property Assessments $0 Sales and Use Tax $0 Transient Occupancy Tax $0 Interest Income 365 684 663191 $432 003 Rental Income $0 Lease Income 381 633 $381 633 Sale of Real Estate $0 Gain on Land Held for Resale $0 Feder —GCants $0 Grants from Other Agencies 3 496 $3 496 Bond Administrative Fees _ $0 Other Revenues 12 077 204 2 281 086 —$14 358 290— Total Revenues $12 824 521 $13 683 734 $0 $0 $26 508 255 Statement of Income and Expenditures Revenues Page 2 4/24106 v rr x Redevelopment OfrThe City-Of Hiuntingt�or►',BeacW ��,"� a s ga t s r w s 7,7s, � �R _ a_t " '� air, s�� .T y � k k , edevelopment Agencies Financial Transactions,1Report Z ,`"- ra a tittAa ��s-L:q _ Statement of Income and Expenditures Revenues Fiscal Year 2006 Project Area Name Southeast coastal Redevelopment Project Low/Moderate Special Capital Project Debt Service Income Housing Revenue/Other Funds Funds Funds Funds Total Tax Increment Gross 172 207 * $172 207 (include All Apportionments) Special Supplemental Subvention $0 r77 Property Assessments $0 Sales and Use Tax $0 Transient Occupancy Tax $0 Interest Income 13 011 $13 011 Rental Income $0 Lease Income $0 Sale of Real Estate T $0 Gain on Land Held for Resale $0 �de�aLGrants $ Grants from Other Agencies $0 I Bond Administrative Fees _$0 I _ —_Other_ Other Revenues_ Total Revenues $0 $185 218 $0 $0 $185 218 I Statement of Income and Expenditures Revenues Page 3 4/24/06 •-r,- ,.. — 4— ,.-,...� `�f r r '"t ..-" Vic"' TM^`„M—.. r -«�i-�. ram �r^�c'�.�,'S'„a�"s:'�"'�n-,,--,, if Redevelopment Agency Of The,,City Of Huntington,,{Beac **h w �,`-�t' - ; �, ifi -1 ". 9.Y '"•». �ts„k sNn.HSk, #s'`.c�r .«.. �.4"7c ',°la 1 1 ti L -Ld`T4'� �. «.,-'� •L�. P.2C i�.S.T A17�.�`sia.3 I � °".x zL +x-ram.;4� Y r Redevelopment Agencies Financial Transactions Repot fi x x � Statement of Income and Expenditures Expenditures Fiscal Year 2006 Project Area Name Consolidated Low and Moderate Income Housing Funds Capital Project Debt Service Low/Moderate Special Funds Funds Income Housing Revenue/Other Total Administration Costs 116 626 $116 626 Professional Services $0 Planning Survey and Design $0 Real Estate Purchases $0 Acquisition Expense $0 Operation of Acquired Property $0`f Relocation Costs _ $0 Relocation Payments $0 Site Clearance Costs $0 Project Improvement/Construction Costs 400 000 $400 000� Disposal-Costs _$ - Loss on Disposition of Land Held for $0 Resale Statement of Income and Expenditures Expenditures Page 1 4124106 Redevelopment Agency Of The City Of Huntington,Beach,rs s RedevelopmentAgencies*Financial Tfiansactions Repo } Statement of Income and Expenditures Expenditures Fiscal Year 12006 Project Area Name Consolidated Low and Moderate Income Housing Funds Capital Project Debt Service Low/Moderate Special Funds Funds Income Housing Revenue/Other Total Decline in Value of Land Held for Resale $0 Rehabilitation Costs $0 Rehabilitation Grants $0 Interest Expense _,$0 I Fixed Asset Acquisitions I $0 I Subsidies to Low and Moderate Income Housing Debt Issuance Costs _ ____707 Other Expenditures Including Pass 19 079 $19 079 Through Payment(s) Debt Pnnci al Pa ents Tax Allocation Bonds and Notes $0 Revenue Bonds Certificates of _$0 Participation Financing Authority Bonds City/County Advances and Loans $0 I All Other Long Term Debt $0 Total Expenditures _ $0 _ $0 $535 705 _ $0 _ _ $535 705_1 Excess(Deficiency)Revenues over _ $0 $0 ($339 803) $0 �$339 803) (under)Expenditures Statement of Income and Expenditures Expenditures Page 2 4/24/06 r*-.� r-,.,.. �, rR -,+.++r .. ., -- ,.,.r-r -cam+-1,,,w wt-�•�r"'--'t-� w y Redevelopment Rede vv eMf lo me.n.. tw Agency Of The CIt ti ,Of a Huntington untin ton B�e ..rC.�h4`g 11,�„tE3 S.w��4iwr 4 .T � Redevelopment'Agenctes Ft�n�anciahTransactlons Report ; Statement of Income and Expenditures Expenditures Fiscal Year 12006 Protect Area Name in Beach Redevelopment Protect Area No 1 Capital Project Debt Service Low/Moderate Special Funds Funds Income Housing RevenuelOther Total Administration Costs 342 353 $342 353 + Professional Services 77 879 $77 879 Planning Survey and Design $0 ' Real Estate Purchases $0 Acquisition Expense $0 Operation of Acquired Property _ $0 a Relocation Costs Relocation Payments $0 Site Clearance Costs $0 , Project Improvement/Construction Costs 656 033 $656 033 DsposaLCQs $0 Loss on Disposition of Land Held for _ $0 , Resale Statement of Income and Expenditures Expenditures Page 3 4124/06 ..- -.�,r- rose mre'�aS.S:�'�'+�' '- r-,; [�^AE "w - f ' �Redevelopn tent gency,, UThefC>ItywOf Huntrngton Bea ��' ��z f y k r +r 11 w iw � a x_ 3! k r x ono r �edeveiop�nent gencresjFjnancral Transactions Redo �� A �j , Statement of Income and Expenditures Expenditures Fiscal Year 12006 Project Area Name Huntin ton Beach Redevelopment Project Area No 1 Capital Project Debt Service Low/Moderate Special Funds Funds Income Housing Revenue/Other Total Decline in Value of Land Held for Resale $0 s Rehabilitation Costs _ _ $0 Rehabilitation Grants _ $0 , Interest Expense 1 747 458 _ $1 747 458i Fixed Asset Acquisitions $0 Subsidies to Low and Moderate Income $0 ' Housing Debt Issuance Costs $0 Other Expenditures Including Pass 1 461 914 $1 461 914 , Through Payment(s) Debt-I�dnupal-Rayments- Tax Allocation Bonds and Notes 1 1000001 $1 100 000 Revenue Bonds Certificates of $0 ' ---Participation-Financing Authority Bonds City/County Advances and Loans 4 924 921 $4 924 921 I All Other Long Term Debt 1 1 512 363 $1 512 363 a Total Expenditures $1 076 265 $10 746 656 $0 $0 $11 822 921 € Excess(Deficiency)Revenues over $11 748 256 $2 937 078 $0 _ _ $0 $14 685 334 ' (under)Expenditures Statement of Income and Expenditures Expenditures Page 4 4/24/06 ..- *�wA development Agency Of The City Of',Hunting6We tiFdW �""'�•. Redevelopment AgenciesyRnancialf7ransactions Rep% h� AR A � e r Statement of Income and Expenditures Expenditures Fiscal Year 12006 Project Area Name Southeast Coastal Redevelopment Project Capital Project Debt Service Low/Moderate Special Funds Funds Income Housing Revenue/Other Total Administration Costs 61 763 $61 763 Professional Services $0 t Planning Survey and Design _ _ $0 Real Estate Purchases $0 Acquisition Expense $0 Operation of Acquired Property _ $0_f Relocation Costs $0 Relocation Payments $0 Site Clearance Costs $0 Project Improvement/Construction Costs 270 000 $270 000 Disposa�o�2 $0 , Loss on Disposition of Land Held for $0 s Resale Statement of Income and Expenditures Expenditures Page 5 4124/06 '€ -^—' x' ,--tea t't ; .. rri "`sz,. ev Y l '-_B.y +a "K^"a� —1 r M 'Redevef�pmentt Agency Of,�The City,OfAJiunttngto`n�Bea6hi x 1 1s=� 1k ,1 , .,c' �q t,�d,3 ,. .- �_..,,...5..y- -..�.-.-.._ n_-....,_�,j �„� v'+r`.> R^'�} � --a T�'+'�'�'-•.S`�. }�-v. �'C ?.:.-'�^"'�*,am�y U°ter Z =ri Redevelopment Agencies Fin aicial,Transactions Report WA:n2 4 _ ` , a 8g Ttys 1s sw .? s t Statement of Income and Expenditures Expenditures Fiscal Year 12006 Project Area Name Southeast Coastal Redevelopment Project Capital Project Debt Service Low/Moderate Special Funds Funds Income Housing Revenue/Other Total Decline in Value of Land Held for Resale 1 $0 Rehabilitation Costs $0 ' Rehabilitation Grants _ _ $0 , Interest Expense 3 854 _ $3 854 , Fixed Asset Acquisitions $01- Subsidies to Low and Moderate Income $0 , Housing W Debt Issuance Costs $0 ' Other Expenditures Including Pass 35 431 $35 431 , Through Payment(s) Debt Principal Pa ents Tax Allocation Bonds and Notes $0 Revenue Bonds Certificates of Participation Financing Authority — �— Bonds City/County Advances and Loans All Other Long Term Debt _ $0 Total Expenditures __$331 763 _ $39 285 $0 _ _ $0 _ $371 048 Excess(Deficiency)Revenues over ($331 763) _ $145 933 $0 _ _$0 ($185 830) 1 (under)Expenditures _v Statement of Income and Expenditures Expenditures Page 6 4/24106 �Redevebpmen#,�►gency Of The,Cl Of� lui t - gton Beach ,tw x _ mad sum r �r �a�ai xS �w ^.4,!�;�, ed�.��„'� m"`roc,-�'7 �° 'r'�t' evelvpmentAg,�n-� 'tPencies Financial-,Transactions eport, Statement of Income and Expenditures Other Financing Sources Fiscal Year �2006 Project Area Name Consolidated Low and Moderate Income Housing Funds Capital Project Debt Service Low/Moderate Special Funds Funds Income Housing Revenue/Other Total Proceeds of Long Term Debt I I �® $0 Proceeds of Refunding Bonds $0 Payment to Refunded Bond Escrow Agent _ -so - Advances from City/County _ $0— Sale of Fixed Assets $0 Miscellaneous Financing Sources(Uses) 949 ($949) a Operating Transfers In __ __ $0 ' Tax Increment Transfers In 2 301 008 _$2 3 01 008� Operating Transfers Out $0 Tax Increment Transfers Out $0 (To the Low and Moderate Income Housing Fund) Total Other Financing Sources(Uses) $0 $0 $2 300 059 T $0 1 $2 300 059 Statement of Income and Expenditures Other Financing Sources Page 1 4/24/06 Redevelo mentrAg Y' enc Of The Ci OfHuntingtoniBeacti p p t ., .-„k'T + 1�i t 4 . y Redevelopment Agencies FinanclaI Transactions Report, � Statement of Income and Expenditures Other Financing Sources Fiscal Year 12006 Project Area Name Consolidated Low and Moderate Income Housing Funds Capital Project Debt Service Low/Moderate Special Funds Funds Income Housing Revenue/Other Total Excess(Deficiency)of Revenues and _ $0 $0 �_$1 960 256 _ $0 $1 9_60 256_ Other Financing Sources over Expenditures and Other Financing Uses Equity Beginning of Period $0 $0 $6 246 433 $0 $6 246 433 Prior Period Adjustments 0 01 01 $0 Residual Equity Transfers Other(Specify) A B C D E -Refresh, Total Other Total Equity End of Period $0 $0 $8 206 689 $0 _ $8 206 689 Statement of Income and Expenditures Other Financing Sources Page 2 4/24106 ��. a-r.7-`�,` _ , '�' ' Redevelopment ►gency-Of�TtiefCity,,,Of�Huntington.Beach ^ , -Redeveiopr�ent Agencies FInanciii�Transa�ctions, e ort�t., x .frv„a�tsr Statement of Income and Expenditures Other Financing Sources Fiscal Year 12006 Project Area Name Huntin ton Beach Redevelopment Project Area No 1 Capital Project Debt Service Low/Moderate Special Funds Funds Income Housing Revenue/Other Total Proceeds of Long Term Debt 655 888 1 I $655 888 Proceeds of Refunding Bonds $0 Payment to Refunded Bond Escrow Agent $0 Advances from City/County $0 Sale of Fixed Assets $0 Miscellaneous Financing Sources(Uses) $0 Operating Transfers In $0 Tax Increment Transfers In $0 Operating Transfers Out 0 $0 Tax Increment Transfers Out 2 266 567 $2 266 567 (To the Low and Moderate Income Housing Fund) Total Other Financing Sources(Uses) $655 888 J$2 266 567) $0 $0 ($1 610 679)_ Statement of Income and Expenditures Other Financing Sources Page 3 4/24/06 " Redeveioptnent Agency Of Thd',City�Of Hunting onMeacli �.� Z. 'i z T �' � .« r,,� 7�r ,Redeveloprnent Agencies Financial Tr1ansactions Reportv.,W} a r � Statement of Income and Expenditures Other Financing Sources Fiscal Year 2006 Project Area Name Huntin ton Beach Redevelopment Project Area No 1 Capital Project Debt Service Low/Moderate Special Funds Funds Income Housing Revenue/Other Total Excess(Deficiency)of Revenues and _A 12 404 144 _ W $670 511 $0 _ $0 $13 074 655 Other Financing Sources over �� Expenditures and Other Financing Uses r Equity Beginning of Period $9 615 946 ($2 154 192) $0 $0 $7 461 754 Prior Period Adjustments 495 0 0 _$495 ' Residual Equity Transfers $0 Other(Specify) A B C D E F Refresh (� I I Total1=77 'Ill , Other Total _ _ _ _ _ _ _ _ _ _I.... Equity End of Period TM $22 020 585 �$1 483 681) $0 $0 _$20 536 904 Statement of Income and Expenditures Other Financing Sources Page 4 4124106 u,f x x z tz '"a ey?," "-4"- u� 5 " sic �Re a"[6pment"Agen`c'`� .Of The City Of�Huntinpton,BMe ch,,,,-* .�4aunt < � 14Redeve(opment.l�genc�es3Financtal�Transact>Iops�Report��< �� x � Statement of Income and Expenditures Other Financing Sources Fiscal Year 12006 Project Area Name Southeast Coastal Redevelopment Project Capital Project Debt Service Low/Moderate Special Funds Funds Income Housing Revenue/Other Total Proceeds of Long Term Debt 2700001 01 $270 000 Proceeds of Refunding Bonds _ $0 Payment to Refunded Bond Escrow Agent _ _ $0 _1 Advances from City/County —$0 Sale of Fixed Assets $0 Miscellaneous Financing Sources(Uses) _ _ _ $0 Operating Transfers In 0 $0 Tax Increment Transfers In !�~ Operating Transfers Out w_ _ —$0 Tax Increment Transfers Out 344417 $34 441 (To the Low and Moderate Income Housing Fund) ota ther Finanang Sources(Uses) $270 000 ($34 441) $0 _ $0 $235 559 J Statement of Income and Expenditures Other Financing Sources Page 5 4/24/06 s a f 'd 4 yob Tom"v�+ .'""' �.��' "i "� .£'°°"'�"`""a e4 " d �� -b �c-".� ¢ etleve�opme tAgency,Of The�Ity-0f`Fluntl`h§to Beach _ � a � s ter- Redevelopment Agencies Financial Transs iom, port --o 'u�M } "��..k-r. ,c �,..t.�S. ._a�. y L ti -.�3.-3x_S'rv�x•rs �a� �' ..,�."2 L.:,�.+aa� ..... ..,.+a tcy s1s...✓�s.e" `., .,s4 :��.��."' �a�.-u3`�'"^.��i,�.ev 34 „�.t` ._ •,e Statement of Income and Expenditures Other Financing Sources Fiscal Year 12006 Project Area Name Southeast Coastal Redevelopment Project Capital Project Debt Service Low/Moderate Special Funds Funds Income Housing Revenue/Other Total Excess(Deficiency)of Revenues and ($61 763) _ _$111 492 $0 P $0 _$49 729 Other Financing Sources over Expenditures and Other Financing Uses Equity Beginning of Period($69 285) $381 661 $0 v$0 $312 376 E Pnor Period Adjustments 1 513 437 _ $1 076 Residual Equity Transfers Other(Specify) A B C D E Refresh Total Other Total Equity End of Period ($132 561) $493 590 $0 _ _$0 $361 029 Statement of Income and Expenditures Other Financing Sources Page 6 4124106 Redevelopment Agency Of The City Of Huntington Beach t Pik r "sgj 4," xr ' r t s ' " 't s .� � e � a r � Redevelopment AgenciesaFinancl�l Transac�ton Repor N � .��.� �� Balance Sheet Assets and Other Debits Low/Moderate Special Fiscal Year 2006 Capital Projects Debt Service Income Housing Revenue/Other General Long General Fixed Funds Funds Funds Funds Term Debt Assets Total Assets and Other Debits Cash and Imprest Cash 15 800 3021 5 917 123 Cash with Fiscal Agent 2 456 563 u r a < $2 456 563 Tax Increments Receivable 2 271 9061 1 x $2 271 906 Accounts Receivable 1 247 372 $1 247 372 Accrued Interest Receivable 1 171 7901 242361 470841 $243 110 Loans Receivable 1 4129831 1 4 943 4001 $5 356 383 Contracts Receivable °`�g� R ` tk,° F > a $0 Lease Payments Receivable "' N $0 Unearned Finance Charge , 4 $0 r Due from Capital Projects Fund 131 042 2 093 927 d Ai � t $2 224 969 ' nue fiom DebY�ew�ce F 349 67 0 } s $5 349 671 Due from Low/Moderate $0 Income Housing Fund Due from Special 0 � ''k Revenue/Other Funds Balance Sheet Assets and Other Debits Page 1 4/24/06 Redevelopment Agency Of The City Of Huntington Beach k "" g...."'$,. _ "' `� w a^' F.. - "a t, u ,cr,-- �4�,v max..-n,— �.-'s,,. 1 °Redeveioprrlent Agec_bies Flnanc�al TansactionsnReport �a js w 4 ##r s h o n i -4 t.✓w�... ,E' , s .,.,a"0 , a�� , . Balance Sheet Assets and Other Debits Low/Moderate Special Fiscal Year 2006 Capital Projects Debt Service Income Housing Revenue/Other General Long General Fixed Funds Funds Funds Funds Term Debt Assets Total Investmentse�l�sca � Other Assets $0 Investments Land Held for 2 682 132 153 000 64z $2 835 132 f Resale Allowance for Decline In y y` t Value of Land Held for Resale _ m Fixed Assets Land r� , z� E t, �'` 15 918 359 $15 918 359 Structures and Improvements -- Equipment9i 'c n � � $0 Amount Available In Debt F k $0 Service Fund w Amount to be Provided for 130 095 686 M a $130 095 686 Payment of Long Term Debt Total Assets andflthe 25 795 -- 5�43 f4 �f3 T54 53 0 130 095 686 MUM $15 918 359 $190 207 016 Debits _ 9 __ _ _ _ _ _ _ _ _ _ __ ___ _ w (Must Equal Total Liabilities Other Credits and Equities) Balance Sheet Assets and Other Debits Page 2 4/24/06 � a ! s+'^""' � �„-4-�-„ rR ^��'J$� �/7.i' A S'�'�� a$s-rs ,' -�.'�"ra��, �ex^� y : � ,� ,iE+ 3� n � R ti a �� t Cam! RedevelomenfgencyQf� hekCltyOfltnt�ar> Beach x �� it 2�., .�.�,. rAP»+ - .� ^.��-, ... �,... ;� Ste' �� r-tc�r +�-a i�r3�F �" ti e -,-... .... r� r � F �Re evelopmen#Age �lesnan�ial T�raisc�tion$�IR�pororK ,z � .aa H'..-.t.3 .osSn. .� .-k.3.,. a .nw. t"".-.. N„ .r....,.6:•' w S b. !a'a ^Fff'4.„ in i-t'�YS- - �h�„u.�L.e...�v"k'.�.�w Iw.+b $1.L+.�S fur.),..k'......i .., r.k+._.��1 £t ..., $ Balance Sheet Liabilities and Other Credits Low/Moderate Special Fiscal Year 2006 Capital Projects Debt Service Income Housing Revenue/Other General Long General Fixed Funds Funds Funds Funds Term Debt Assets Total Liabilities and Other Credits Accounts Payable 1 27 031 4 445 $31 476 Interest Payable 42 189 3 r £ 4 $42 189 Tax Anticipation Notes Payable $0 Loans Payable $0 Other Liabilities 1 1 6552681 841 3761 4 943 400 "w i $7 440 044 Due to Capital Projects Fund 1 131 0421 5 349 671 § , � '3 F �5`� $5 480 713 Due to Debt Service Fund $0 Due to Low/Moderate 2 093 927 krt"r _�se�yr� $2 093 927 Income Housing Fund Due to Special 0 0 � �� ' ' h e _ _ $0 Revenue/Other Funds Tax Allocation Bonds Payable 4 A� + n� � 27 205 000 $27 205 000 Lease Revenue Certificates rx > $0 of Participation Payable Financing Authority Bonds All Other Long Term Debt Total Liabilities and Other $3 907 268 $6 233 236 $4 947 845 $0 $130 095 686 h " a� 1 $145 184 035 Credits _ �� Balance Sheet Liabilities and Other Credits Page 1 4/24/06 3Y " a mar c•,. �_ G€ ^ y 'end° ' & ;' 3'a c47, �w a d , 4 � � �` JRedevetopmentAgenc� e City Aft untin(�to eac.�. x� �g� ��a .w ,...,w S,...�.t lw�.�.c s.�.,,. ,�ta,... . ..sec._,,€e.. .- '� � x at+�. Lt.,.,as...�.�....�.ax"��s fit+:t`.tea:' sw,t,�:�. Aka,Or i:xx � �tx .se�i *' "-1'�."�,,ro.. ' # - rvr�4'�,4"*n '� E "' p� t4 a Y Redevelopment AgencieS.F[nancial rrr nsacttbfis,Reppo{ k� �y „ �� w� ��7Z Balance Sheet Liabilities and Other Credits Low/Moderate Special Fiscal Year 2006 Capital Projects Debt Service Income Housing Revenue/Other General Long General Fixed Funds Funds Funds Funds Term Debt Assets Total Equities Investment In General Fixed 9 r �q s 15 918 359 $15_918 359 Assets Fund Balance Reserved 21 8880241 9900911 8 206 689 s ,f , a ,a` a $29 104 622 i Fund Balance tff a� $0 ! Unreserved Designated Fund Balance 4 �� _ _ $0 1 Unreserved Undesignated Total Equities $21 888 024 7-79-0 0gn 7 $8 206 689 $0 918 359 _$45 022 981 Total Liabilities Other Credits and Equities $25 795 292 $5 243 145 1 $13 154 534 $0 A $130 095 686 $15 91,8359 $190 207 016 E Balance Sheet Liabilities and Other Credits Page 2 4/24/06 s RedevelopmentAgencyOf�TJieCity, f Huntingon�Beach !a , . awh - � "aRedeeloprpertt Agencies FtnanialyTcansactlonsRe�ot„ Statement of Income and Expenditures Summary Combined Transfers In/Out Fiscal Year 2006 Operating Transfers In $o Tax Increment Transfers In _^_$?301 008 Operating Transfers Out _ _ ___ $0 Tax Increment Transfers Out $2 301 008 Statement of Income and Expenditures Summary Page 1 4/24/06 Combined Transfers In/Out Additional Reports for State Controller City of Huntington Beach RDA Fiscal Year Ended September 30, 2005 1) Blight progress report (specifies actions and expenditures made in the previous fiscal year to alleviate blight) Health & Safety Code �33080 l(d) a) On November 15 2004 the Agency approved the Five Year Implementation Plan (2005 2009) for the Huntington Beach Project and the Ten Year Housing Compliance Plan (2005 2014) that is on file with the State Controller During fiscal year 2004 05 some blighted conditions have been mitigated through the programs described in these plans In particular the CIM project continued with pre-construction activities the renovation of Huntington Center now called Bella Terra is near completion and the Waterfront Residential project continued with its build out The Huntington Beach Wetlands Conservancy project located in the Southeast Coastal Redevelopment Area was under construction 2) Loan report (identifies loans (receivable) which equal or exceed $50 000 and that were found by the agency during the previous fiscal year to have either defaulted or not complied with the terms of the agreements approved by the agency) Health& Safety Code _33080 1(e) a) None 3) Property report (describes properties owned by the agency and those acquired in the previous fiscal year) Health and Safety Code 03080 1(f) a) The City of Huntington Beach did not acquire any properties in the fiscal year ending September 30 2005 b Agency Owned Land as of September 30 2005 Description Assessors Parcel Number Acres Cost Acquired Funding Source Category Owen Court Senior Housing Project Sixty year lease with Ment Housing commencing 6/11/2001 $1 00/ ear Leasapayrnent AP 023 042 18 19 20 21 22 0 751 885 000 9/30/1994 Housing Set Aside Asset Surf Museum (SEC 5th/Olive) AP 024 147 01 0 116 286 300 7/1/1991 Tax Increment Asset lock 104(10 Remnant Abdelmuti parcel exchanged as 10 portion of AP 024 153 12 Gosney)Acquisition cost was proportionately reduced AP 024 153 21 0017 259 000 10/1/1989 Tax Increment Asset TVacant Land Formerly AP 165 364 05 [7921 Cypress (Walker)]and part of 07 AP 165 36424 0 262 180 295 10/1/1989 Tax Increment Resale Waterfront Leasehold for 99 years AP 024 251 01 &024 252 01 02 2208 14 023 000 7/1/1989 Tax Increment Asset Degraded Wetland Parcel Lot AA Legal Description on file 1 007 no consideration 12/11/200 n/a Resale Vacant Land(NEC Parkside/Aldnch 142 081 06 0 413 664 582 9/l/1988 Tax Increment Resale Vacant Land(NEC Parkside/Aldnch P 142 081 09 10 11 12 1 023 753 180 9/1/1988 lax Increment Resale Gothard/Hoover(Housing) AP 142 073 03 2 718 1 084 074 9/1/1987 Tax Increment Resale Gothard/Hoover Westrrunster Parcel 142 311 34 1 166 465 059 9/1/1987 Tax Increment Asset 502 Delaware Street 1 0 166 153 000 11/17/20031 Housin Set Aside Resale II Housing Activity Report Attachment Flo . 2 CALIFORNIA DEPARTMENT OF HOUSING AND COMMITY DEVELOPMENT REDEVELOPMENT AGENCY ANNUAL HOUSING CTIVITY REPORT FY ENDING September /3�� 5 1 Agency Name and Address County of Jurisdiction Redeveopment Agency of the City of Huntington Beacih Orange 2000 Main Street Huntington Beach, CA 92648 Health&Safety Code Section 33080 1 requires agencies to annually report on their Lo &Moderate Income Housing Fund and housing activities for the Department of Housing and Community Development(HCD)to repo tlt on agencies activities in accordance with Section 330806 Section 33080 3 specifies agencies must send this form HCD Schedules an an Audit re ort to the State Controller Please answer each question below Your answers determine which HCD SCHEDU S must be completed in order for the agency to fulfill the statutory requirement to report LMIHF housing activity and fund balances fo the reporti 1 ng period 1 Check one of the items below to identify the Agency s status at the end of the r ortingpenod ❑ New(Agency formation occurred during reporting year No financial transai ions were completed) Active(Financial and/or housing transactions occurred during the reporting y ar) I ❑ Inactive(No financial and/or housing transactions occurred during the report1 g year) ONLY COMPLETE ITEM 7 ❑ Dismantled(Agency adopted an ordinance to dissolve itself) ONLY COM UETEITEM7 2 Ho,.+ many adopted protect area did the agency have during the reporting period') 2 How many project areas were merge during the reporting penod9 0 If the agency has one or more adopted protect areas,complete SCHEDULE HCD A for each protect area If the agency has no adopted protect areas,DO NOT complete SCHEDULE HCD�A 3 Within an area outside of any adopted redevelopment project area(s) (a)did thea ency destroy or remove any dwelling units or displace any households over the reporting period (b)does the agency intend to displace any households over the next reporting period (c)did the agency permit the sale of any owner occupied unit prior to the a prration of land use controls over the reporting period and/or(d)did the agency execute a contract or agreement for the construction of any affordable units over the next two years9 ❑ Yes(any question) Complete SCHEDULE HCD B ® No(all questions) DO NOT complete SCHEDULE HCD B 4 Did the agency have any funds in the Low&Moderate Income Housing Fund dun g the reportng penod" ® Yes Complete SCHEDULE HCD C ❑ No DO NOT complete SCHEDULE HCD C 5 During the reporting period were housing units completed within a protect area an or assisted by the agency outside a project area ® Yes Complete all applicable HCD SCHEDULES DI D7 for each housin ro ect coni leted and HCD SCHEDULE E ❑ No DO NOT complete HCD SCHEDULES DI D7 or HCD SCHEDULE 6 Indicate whether HCD financial and housing activity information has been reportg using method A and/or B checked below ❑ A Forms All required HCD SCHEDULES A B C DI D7 and E are attached B On line(hup Ilivwiv hcd ca gov/rda/) Lock Report date April 2 5 , 2 0 0 61 HCD SCHEDULES not required (lock date is shown un er Admin Area and Report Change Hslory 7 7 To the best of my knowledge (a)the representations made a ove and(b)a ency i m ration`reported are correct April 25 , 2006 { Date Signature of Aut nzed Agenc Repres ntative StanleySmalewi z DeIputy Executive Director Title ( 714 ) 536-5582 Telephone Number IF NOT REQUIRED TO REPORT SUBMIT ONLYA PAPER COPY OF THIS P GE IF REQUIRED TO REPORT AND REPORTING BY USING PAPER COPY SCH DULES SUBMIT THIS PAGE AND ALL APPLICABLE HCD FORMS(SCHEDULES A E) • IF REPORTING ONLINE PROOF OF ELECTRONIC REPORTING IS CONE RMATION LETTER UPON LOCKING REPORT BOTH PAPER COPY REPORTING AND ONLINE REPORTING REOUIRE A COPY OF THE AUDIT REPORT BE SENT TO THE STATE CONTROLLER Division of Accounting and Reporting Local Government Reporting Sectioit 3301 CStreet.Suite 500-Sacramento CA 95816 Redevelopment Agency Annual Report Fiscal Year 2004 2005 HCD Co,.er Cover(7/1//05) Page 1 of I 1 RDA Reporting System - Confirmation Page 1 of 1 Confirmation of Redevelopment Agency On-Line Fillna of Annual HCD Report To State Controller Division of Accounting and Reporting Local Government Reporting Section P O Box 942850 Sacramento, CA 94250 This notice is automatically generated by HCD s On Line Reporting System The purpose is to inform I � and verify to the SCO that the redevelopment agency electronically ffled the annual HCD report and HCD by this notice, electronically received the annual HCD report Below identifies the reporting redevelopment agency, authorized per on who filed the report, and the date and time HCD received the agency s annual report Redevelopment Agency HUNTINGTON BEACH RDA Agency Administrator Carol Runzel Date 04/25/2006 Time 09 47 am Note to Redevelopment Agency Send this notice and a cot�y_of the agency s independent auditors report and financial statement to the SCO at the above address It is not necessary to submit a paper copy of HCD s reporting schedules to either the SCO or HCD https //ssw hcd ca gov/asw/RDA/showLockLetterjsp 4/25/2006 California Redevelopment Agencies Fiscal Year 2005/2006 Project Area Contributions to Low and Moderate Income Housing Funds Sch A Project Area Summary Report HUNTINGTON BEACH RDA _ Tax Incr Percent Total Project Area 100°/ of Tax 20%Set Aside Tax Increment Amount Deferral Deposited to of Tax Repayment Other Deposited to Increment Requirement Allocated Exempted Hsng Fund Incr Dep Deferrals Income Housing HUNTINGTON BCH REDEV $11 332 833 $2 266 567 $2 266 567 $0 $0 $2 266,567 20 00% $0 $0 $2 266 567 PRJCT(MRGED) SO EAST COASTAL $172 207 $34 441 $34 441 $0 $0 $34 441 20 00% $0 $0 $34,441 REDEVELOP PRJCT Agency Totals $11 505 040 $2 301 008 $2 301 008 $0 $0 $2 301 008 20% $0 $0 $2 301 008 Note�:Vrinfthis report ire Landscape-0rientation{llse tkse Rrint Icon just above tlaen�roper#les then Landscape Page 1 of 1 05/01/06 California Redevelopment Agencies Fiscal Year 2005/2006 Project Area Contributions to Low and Moderate Income Hous ng Fund Sch A Project Area Financial Information Agency HUNTINGTON BEACH RDA Address 2000 Main Street 5th Floor Huntington Beach CA 92648 Project Area HUNTINGTON BCH REDEV PRJCT(MRGED) - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Type Inside Project Area Status Active Plan Adoption 1996 Plan Expiration Year 2024 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Gross Tax Calculated Amount Amount Amount Total % Cumulative Increment Deposit Allocated Exempted Deferred De osited Def $11 332 833 $2 266 567 $2 266 567 $0 $0 266 567 20 00/a $0 Repayment $0 Category Total Additional Revenue $0 Total Housing Fund Deposits for Project Area 2 266 567 Project Area SO EAST COASTAL REDEVELOP PRJCT Type Inside Project Area Status Active Plan Adoption 2002 Plan Expiration Year 2032 Gross Tax Calculated Amount Amount Amount Total % Cumulative Increment De osit Allocated Exempted Deferred Deposited Def $172 207 $34 441 $34 441 $0 $0 $34 441 20 00% $0 Repayment $0 Category Total Additional Revenue $0 Total Housing Fund Deposits for Project Area $34"1 Agency Totals For All Project Areas Gross Tax Calculated Amount Amount Amount Total % Cumulative Increment Deposit Allocated Exempted Deferred — Def Deposited r $11 505 040 $2 301 008 $2 301 008 $0 $0 $2 301 008 20/o $0 Total Additional Revenue from Project Areas $0 Total Deferral Repayments $0 Page 1 of 2 05/01/06 r f California Redevelopment Agencies Fiscal Year 2005/2006 Project Area Contributions to Low and Moderate Income Ho u ng Fund Sch A Project Area Financial Information Total Deposit to Housing Fund from Project Areas $2 301 008 Page 2 of 2 05/01/06 California Redevelopment Agencies Fiscal Year 2005/2006 Status of Low and Moderate Income Housing Funds Sch C Agency Financial Summary HUNTINGTON BEACH RDA Adjusted Project Agency Net Other Total Unen Unen Unen Beginning Area Other Total Resources Housing Housing Encum cumbered cumbered cumbered Balance Receipts Revenue Expenses Available Fund Assets Fund Assets brances Balance Designated Not Dsgntd $3 952 422 $2 301 008 $195 902 $536 654 $5 912 678 $2 294 011 $8 206 689 $9 814 $5 902 864 $0 $5 902 864 Expenses Other Planning and Subsidies Total Administration Costs 2005/2006 $20,028 $116 626 $400 000 $536 654 *The Unencumbered Balance is equal to Net Resources Available minus Encumbrances Note Print this report In Landscape Orientation—(Use the Print Icon just above-then Properties then Landscape) Page 1 of 1 05/01/06 i California Redevelopment Agencies Fiscal Year 20g512006 Status of Low and Moderate Income Housing Fu ds Sch C Agency Financial and Program Detail HUNTINGTON BEACH RDA r Beginning Bala ce $3 748 088 Adjustment to Beginning Bal �kce $204 334 Adjusted Beginning Balance $3 952 422 Total Tax Increment From PAW $2 301 008 Total Receipts from PI (s) $2 301 008 Other Revenues not reported on Schedul A $195 902 Sum of Beginning Balance and Rever ues $6 449 332 1 Expenditure Item Subitem Amount Remark Other o Information Provided $20 028 County Collection I Fees Subtotal of Other $20 028 Planning and Administration Costs dmirnstration Costs $116 626 Subtotal of Planning and Administration Costs $116 626 Subsidies from the LMIHF urchase of Affordability Cov $400 000 Subtotal of Subsidies from the LMIHF $400 000 Total Expenditures $536 654 Net Resources Available $5 912 678 t! Indebtedness For Setasides Deferred $0 Other Housing Fund Assets 1 Category Amount Remark RAF Loans Receivable(all years) $731 313 Loan Receivable for Housing Activities $1 362 614 Other $47 084 Accounts Receivable Value of Land Purchased with Housing Funds $153 000 Total Other Housing Fund Assets $2 2114 011 Page 1 of 3 05/01/06 California Redevelopment Agencies Fiscal Year 2005/2006 Status of Low and Moderate Income Housing Funds Sch C Agency Financial and Program Detail HUNTINGTON BEACH RDA Total Fund Equity $8 1106 689 2001/2002 $1187414 200212003 $1244613 Sum of 4 Previous Years Prior Year En ing Excess Surplus for 2003/2004 $1819674 Tax Increment for 2005/2006 Unencumbered Balance 2005/2006 2004/2005 $1909236 $6160937 $3 748 088 $0 Sum of Current and 3 Previous Years Tax Incre ents $7 274 531 Adjusted it ince $5 902 864 Excess Surplus for next year $0 Net Resources Av I i able $5 912 678 Unencumbered Designated $0 Unencumbered Undesig �ted $5 902 864 Total Encumbrances $9 814 Unencumbered Balance nce $5 902 864 Unencumbered Balance Adjusted for Debt ProcLeds $0 Unencumbered Balance Adjusted for Land Sales $0 Excess Surplus Expenditure Plan No Excess Surplus Plan Adopt�o ate Site Improvement Activities Benefiting Households Income Level Low Very Low Moderate Total I I Land Held for Future Development Site Name Num Of Zoning Purchase Estimated Acres Date Start Date Remark Use of the Housing Fund to Assist Mortgagors Income Adjustment Factor Requirements C pleted Home $ Hope $ Non Housing Redevelopment i Funds Usage I Page 2 of 3 05/01/06 California Redevelopment Agencies Fiscal Year 2 I I5/2006 Status of Low and Moderate Income Housing Fu ids Sch C Agency Financial and Program Detail HUNTINGTON BEACH RDA Resource Needs I LMIHF Deposits/Whthdrawls Document Document Custodian Cust than COPY Name Date Name Phone Source i { Achievements Descnption I i Page 3 of 3 05/01/06 California Redevelopment Agencies Fiscal Ye1r 2005120 06 Sch D General Project information HUNTINGTON BEACH RDA Project Area Name HUNTINGTON BCH REDEV PRJCT(MRGED) Project Name Colettes Childrens Home 1 Address 7702 CypressHunbngton Beach 92647 Owner Name Colettes Chddrens Home a California nonprofit corporation PECIALNEEDSUNITS - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Category Sub Category Count Special Need Unit Special Needs 4 Special Need Unit Disabled(Mental) 4 Special Need Unit Disabled(Physical) 4 Special Need Unit Female Head Of Household 4 NIT INVENTORY - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Very Low Low Moderate Above Mod Became Total Ineligible Inclusionary Unit Substantial Rehabilitation Pre 1994 Non Agency Rental Non Elderly 4 0 0 0 0 4 Unit Total 4 0 0 0 0 4 ROJECTFUNDINGSOURCE - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Funding Source Amou'rit Redevelopment Funds $40 Federal Funds $400 00 Project Name Various Non Restricted Owner Development Address Various Addresses Huntington Beach Owner Name Various Owners ON ASSISTED PROJECT UNITS - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Category vlow low mod amod Building Permit Num6er Building Permit Date New Constructions 0 0 0 91 See various Page 1 of 2 05/01/06 r r California Redevelopment Agencies Fiscal Ye r 2005/206 Sch D General Project Information i HUNTINGTON BEACH RDA Project Area Name OUTSIDE PROJECT AREA Project Name Beachview Villa Address 8102 Ellis Ave Huntington Beach 92646 Owner Name Beachview Investment Inc NIT INVENTORY - - - - - - - - - - - - - - - - - - - - - - - - - - - - -1 Very Low Low Moderate Above Mod Became Total Ineligible Inclusionary Unit New Construction Non Agency Rental Non Elderly 47 59 0 0 0 106 Unit Total 47 59 0 0 0 106 ROJECTFUNDINGSOURCE - - - - - - - - - - - - - - - - - - - - - - - - Funding Source Amount Owner Equity $3 963 945 TCAC/Federal Award $8 607 314, Page 2 of 2 05/01/06 SCHEDULE HCD E CALCULATION OF INCREASE IN AGENCY'S INCLUSIONARY OBLIGATION FOR ACTIVITIES (This Form is Information Only Actual Obligation is based on Implementation Plan) Report Year 2005/2006 Agency HUNTINGTON B ACH RDA NOTE This form is a summary of the totals of all new construction or jubstantial rehabilitation units from forms HCD-D7 which are developed in a project area by any entity,(agency or non-agency) I 1 PART [H&SC Section 33413(b)(1)] AGENCY DEVELOPED 1 New Units f 0 2 Substantially Rehabilitated Units ( 0 3 Subtotal Baseline of Units(add line 1 &2) I fi 0 4 Subtotal of Inclusionary Obligation Accrued this Year for Units(line 3 x 30%) 0 5 Subtotal of Inclusionary Obligation Accrued this year for Very Low Income Units(line 4 x 50%1) ! 0 PART 11 [H&SC Section 33413(b)(2)] NON AGENCY DEVELOPED UNITS 6 New Units 91 7 Substantially Rehabilitated Units 0 8 Subtotal Baseline of Units(add Imes 6&7) 91 9 Subtotal of Inclusionary Obligation Accrued this year for Units(line 8 x 15%) {# 14 10 Subtotal of Inclusionary Obligation Accrued this year for Very Low Income Units(I( e 9 x 40%) 6 PART III j TOTALS 11 Total Increase in Inclusionary Obligations During This Fiscal Year(add line 4&9) 14 12 Total Increase in Very Low Income Units Inclusionary Obligations During This Fiscal Year(add line 5& 10) g Cal lomta Rede elopme t Agencies F scal Year 2005/2006 05�01�2006 Sched le E(11/01) 'Totals may be mpacled by round ng Page 1 of 1 i RCA ROUTING SHEET INITIATING DEPARTMENT Economic Development SUBJECT Receive and File 2004-2005 State Controller Report COUNCIL MEETING DATE May 1512006 -RCA ATTACHMENTS STATUS Ordinance (w/exhibits & legislative draft if applicable) Attached ❑ Not Applicable Resolution (w/exhibits & legislative draft if applicable) Attached El Not Applicable Tract Map, Location Map and/or other Exhibits Attached Not Applicable Contract/Agreement (w/exhibits if applicable) Attached ❑ (Signed in full by the City Attorney) Not Applicable Subleases Third Party Agreements etc Attached Not Applicable (Approved as to form b CityAttorne Certificates of Insurance (Approved by the City Attorney) { Attached El i Not Applicable Fiscal Impact Statement (Unbudgeted over $5,000) Attached ❑ Not Applicable Bonds (If applicable) Attached El Not Applicable Staff Report (If applicable) Attached El ' Not Applicable Commission Board or Committee Report (If applicable) Attached Not Applicable Findings/Conditions for Approval and/or Denial Attached El Not Applicable EXPLANATION FOR MISSING ATMCHMENTS { REVIEWED RETURNED FORWARDED Administrative Staff ( kw9F ( ) Assistant City Administrator (initial) City Administrator (Initial)l City Clerk ( t) EXPLANATION FOR RETURN F ITEM (Below Space For City Clerk's Use U I 1 Only) { I II 1 RCA Author Terri King