Updated DIF Estimates Citywide Allocation Preserve Allocation SW-143 Lift Station & Force Main 10,941,000.00$ 2,188,200.00$ 8,752,800.00$ SW-103 Pine Ave to Lift Station 1,637,856.00$ -$ 1,637,856.00$ Nexus Report Cost Estimate 12,578,856.00$ 2,188,200.00$ 10,390,656.00$ Citywide DIF The Preserve DIF
Validated Costs 12,162,432.00$ 2,432,486.40$ 9,729,945.60$ (FY 2019) Payment No. 1 (1,699,200.00)$ (1,674,200.00)$ (25,000.00)$ (FY 2019) Audited Credits -1,575 Units (1,220,202.00)$ -$ (1,220,202.00)$ Balance Forward Subtotal 9,243,030.00$ 758,286.40$ 8,484,743.60$ Balance Forward 9,243,030.00$ 758,286.40$ 8,484,743.60$ (FY 2020) No Cash Payment -$ -$ -$ (FY 2020) Audited Credits - 1,941 Units (1,198,656.00)$ -$ (1,198,656.00)$ Balance Forward Subtotal 8,044,374.00$ 758,286.40$ 7,286,087.60$ Balance Forward 8,044,374.00$ 758,286.40$ 7,286,087.60$ (FY 2021) Cash Payment No. 2 (958,286.40)$ (758,286.40)$ (200,000.00)$ (FY 2021) Audited Credits - 512 Units/Commercial (575,776.16)$ -$ (575,776.16)$ Balance Forward Subtotal 6,510,311.44$ (0.00)$ 6,510,311.44$ Balance Forward 6,510,311.44$ (0.00)$ 6,510,311.44$ (FY 2022) Cash Payment No. 3 (400,000.00)$ -$ (400,000.00)$ (FY 2022) Audited Credits - 645 Units/Commercial (890,424.00)$ -$ (890,424.00)$ Balance Forward Subtotal 5,219,887.44$ (0.00)$ 5,219,887.44$ Balance Forward 5,219,887.44$ (0.00)$ 5,219,887.44$ (FY 2023) Cash Payment No. 4 (500,000.00)$ -$ (500,000.00)$ Sewer Credits Adjustment Previous Years 377 Units (563,016.44)$ Balance Forward Subtotal 4,156,871.00$ (0.00)$ 4,719,887.44$ Exhibit B
Credit/Reimbursement Reconciliation
Project Builder Tract Total Units Total BPs Issued Sewer Collection Facilities Credits
Affordable Apartments Western National 17571 250 250 (162,750.00)$ Agave Centex 17515 104 104 (73,632.00)$
Amelia (stark) Cal Atlantic 17574 110 110 (93,280.00)$
Ariatta KB 17612 42 42 (36,708.00)$
Candlewood Pardee 17266 64 64 (58,854.00)$
Cantata KB 17611 21 21 (18,354.00)$
Canterburry Grove I Centex 16522 48 48 (39,955.00)$
Canterburry Grove II Centex 17610 48 48 (42,612.00)$
Citrus Commons Centex 17514 118 118 (70,682.00)$
Laurel Lane William Lyon 18890 70 70 (68,880.00)$
Enchanted Forest Shea 17150 55 55 (47,996.00)$
Evergreen KB 17357 58 58 (42,964.00)$
Garden Glen I Lennar 16520 51 51 (41,463.00)$
Garden Glen II Lennar 17613 51 51 (45,084.00)$
Olive Grove Lennar 19946 30 30 (25,440.00)$
Pineberry Richmond American 18479 68 68 (94,611.00)$
Pineberry Richmond American 19953 10 10 (14,460.00)$
Harvest Lot 11 - Vineyard Richmond American 19935 73 73 (102,372.00)$ Harvest Lot 2 - Heirloom Richmond American 19947 42 42 (35,616.00)$ Harvest Lot 3 - Olive Grove Lennar 19948 27 27 (22,896.00)$ Harvest Lot 4 - Sunrise Harvest Woodside Homes 19936 56 56 (55,104.00)$ Harvest Lot 5 - Autumn Field Lennar 19949 82 82 (69,536.00)$ Harvest Lot 6 - Heirloom Richmond American 19950 62 62 (61,008.00)$ Harvest Lot 8 - Olive Grove II Lennar 19952 57 57 (72,333.00)$ Harvest Lots 7 & 9 - Summerfield Lennar 19951 93 93 (118,017.00)$ Hidden Hollow Standard Pacific 17148 81 81 (74,131.00)$ Homecoming- Ph 1 LMC 16420-1 152 152 (70,680.00)$
Homecoming- Ph 2 LMC 16420-1 189 189 (87,885.00)$
Homecoming- Ph 3 LMC 16420-1 458 458 (232,206.00)$
Homecoming- Ph 4 LMC 19980 454 454 (237,442.00)$
Iris Shea 16523 61 61 (50,737.00)$
Lot 11 - Morning Sun Lennar 20231 106 106 (116,918.00)$ Lot 11 - Verbena William Lyon 20232 70 70 (77,210.00)$
Lot 14/15 - Hazel TriPointe 20102 133 133 (138,194.00)$ Lot 14/15 - Ivy TriPointe 20102-1 134 134 (142,132.00)$ Lynbrook KB 18693 114 114 (95,970.00)$
Mulberry - Casita Brookfield 17390 63 63 (46,340.00)$
Mulberry - Cottage Brookfield 17390 63 63 (46,557.00)$
PA-2/8/9 Bungalow - Delia TriPointe 20171 123 123 (135,669.00)$ PA-3 Liberty - Gardenside Richmond American 20170 80 80 (115,680.00)$ PA-4 - Monarch Pulte 20172 76 76 (109,896.00)$
PA-5 Liberty - Gardenside Richmond American 20270 36 36 (52,056.00)$ Palisades Woodside Homes 17635 79 79 (75,287.00)$
Parklin PA2&3 Richmond American 20168 68 65 (93,990.00)$ Secret Garden John Laing 16519 84 84 (69,876.00)$
Shady Lane Standard Pacific 17149 60 60 (53,927.00)$
Sonata K. Hov. 18778 65 65 (61,945.00)$
Ten Bloom Rd K. Hov. 16521 69 69 (57,417.00)$
Tetherwind Shea 17616 162 162 (119,718.00)$
Greenway at The Preserve Century Communities 20165 79 79 (114,234.00)$ Driftstone (Block 4) KB 20166 69 69 (99,774.00)$
Voyage PA1 Lennar 20167 60 59 (85,314.00)$
Zinnia Beazer 20173 149 5 (13,965.00)$
Homecoming Ph 5 - T. Homes/Dup LOC 20236 184 184 (202,952.00)$ Block 4 (TBD) LOC 20248 56 44 (160,952.00)$
Block 4 (TBD) LOC 20249 56 36 (131,688.00)$
5323 5143 (4,685,349.00)$
(2,211.44)$
Commercial-New Bldg. Car Wash (4,502.08)$
Commerical-7/11 & Gas (2,754.40)$
Commercial-Jiffy Lube (3,573.68)$
(67,857.00)$
Subtotal Previous Years (80,898.60)$
(46,109.00)$
(127,007.60)$
(4,812,356.60)$
(3,885,058.16)$
(927,298.44)$
(563,016.44)$
(364,282.00)$
*Note, these credits will be applied to the sewer agreement for s/o Pine developments.
Total Residential
Total Commercial
Previous Credits Issued 4,673 Units & Commercial
*FY 2023 Total Credits Issued s/o Pine Avenue 93 Units & Commercial Sewer Collection Facilities- DIF Credits Used as of July 29, 2023 Recreation Center
Misc. Town Center
FY 2023 Stater Bros.
Total Credits Issued to Date
Sewer Credit Adjustment Previous Years 377 Units
FY 2023 Credit True-Up Amount
FY 2023 Credit Reconciliation Breakdown