Folsom City Council
November 12, 2025

11/12/2025 Item No.11.

NOVEMBER 2025 SPIF INFRASTRUCTURE

FEE ADJUSTMENT

Economic & Planning Systems, Inc. 2 Executive Summary
Following the automatic annual fee adjustment on July 1, 2023, FPASP property owners and the City agreed to an additional one-time adjustment based on evidence that the escalation in fees calculated using CCI was not keeping pace with actual costs incurred by property owners installing SPIF-funded infrastructure.

That one-time adjustment (the August 2023 Adjustment) was adopted by the Folsom City Council on August 22nd, 2023, with the adjusted fees taking effect on October 23, 2023. However, after the August 2023 Adjustment was adopted by the City, EPS and MacKay & Somps, Inc. determined a set of SPIF-eligible infrastructure costs were erroneously omitted from the adjusted fee calculations.

In omitting these costs, the total amount of infrastructure improvements to be funded by the SPIF was approximately $26.8 million lower than it should have been. At the same time, approximately $2.8 million in costs for already constructed improvements were unnecessarily included in the August 2023 Adjustment calculations. Thus, a November 2023 adjustment removed those costs (for already completed improvements), and when combined with the above cost addition corrections, results in a net increase of approximately $23.9 million in total SPIF costs to be funded as compared to the August 2023 Adjustment. The November 2023 Adjustment was adopted by the City Council on November 14, 2023. 2025 SPIF Adjustment
This November 2025 SPIF adjustment was precipitated by the City’s adoption of the August 2025 Specific Plan Amendment and, at the request of FPASP property owners, adds a few new eligible capital facilities costs the FPASP capital improvement program (CIP).

Land Use Changes
In August 2025, the City approved a 2025 Specific Plan Amendment to upzone a number of FPASP parcels to permit increased residential densities on both residential and on mixed use properties. Specifically, the Specific Plan Amendment resulted in the potential for 1,882 additional residential dwelling units while reducing maximum nonresidential building square footage by 251,266 square feet.

For the purposes of the this November SPIF adjustment, these land use changes resulted in more fee-paying dwelling units.

Capital Facilities Costs
With unanimous approval of the FPASP property owners and the concurrence of City public works and engineering staff, the following facilities have been included in the FPASP SPIF CIP:
• Sierra Parkway, which is a new north/south road that will run along the eastern edge of the Plan Area.

11/12/2025 Item No.11.

NOVEMBER 2025 SPIF INFRASTRUCTURE

FEE ADJUSTMENT

Economic & Planning Systems, Inc. 3 Executive Summary
• Haven Parkway, which is a new east/west road that will run through the Alder Creek area.

• 69kV Power Pole Relocation to relocate existing 69kV power lines along Prairie City Road on the western edge of the FPASP.

Like each of the proceeding SPIF updates, this 2025 SPIF Infrastructure Fee Adjustment adjusts the only the infrastructure portion of the SPIF, and accounts for each of the following items:

1. Current construction unit prices. These prices are based on a review of current construction contracts and bids for projects in and around the Folsom Plan Area Specific Plan Area and current as of 2025.

2. Update remaining reimbursements owed to developers and land owners who constructed SPIF-funded improvements. The remaining reimbursement, which reflect the costs of installed infrastructure minus the amount of reimbursements that have been converted to fee credits, are considered “costs” allocated to the remaining development.

3. Changes in outside funding. Certain improvements which were originally expected to be SPIF-funded are now assumed to be funded by other sources.

4. Reflect remaining land uses. As detailed in Chapter 2, this Fee Update the remaining developable land to which these costs can be allocated.

The parkland and public land equalization portion of the SPIF remains unchanged, as do the allocation factors by which the costs are allocated to each land use. Table 1 and Table 2 depict the adjusted fees by land use type.

This report describes the process by which EPS updated the remaining costs and land uses to arrive at the November 2025 Adjusted SPIF and includes detailed supporting documentation of the updated costs in technical appendices.

11/12/2025 Item No.11.

NOVEMBER 2025 SPIF INFRASTRUCTURE

FEE ADJUSTMENT

Economic & Planning Systems, Inc. 4 Executive Summary
Table 1. SPIF Summary per Dwelling Unit/Bldg. Sq. Ft. (Page 1 of 2)

Item Low Density High Density Low Density Med. Density High Density Mixed Use Specific Plan Infrastructure Fee (SPIF)
On- and Off-Site Roadways $17,664 $16,058 $14,453 $12,847 $12,044 $11,241 Dry Utilities $4,478 $4,478 $3,359 $3,359 $3,359 $3,359 On-Site Water $18,440 $11,564 $7,188 $5,938 $5,626 $5,001 Off-Site Water $2,062 $1,293 $804 $664 $629 $559
Recycled Water $6,069 $3,806 $2,366 $1,954 $1,852 $1,646 Drainage $8,799 $8,082 $7,475 $4,830 $3,665 $2,380
Sewer $2,573 $2,573 $1,930 $1,930 $1,930 $1,930
Habitat Mitigation $1,998 $1,311 $772 $422 $260 $150
Administration (3% of sum of all SPIF costs) $1,862 $1,475 $1,150 $958 $881 $788 Total SPIF Cost per Dwelling Unit/Bldg. Sq. Ft. $63,946 $50,641 $39,496 $32,902 $30,244 $27,053 FY 2025-26 SPIF Fee Summary (Including Admin.) $65,192 $50,448 $40,571 $33,333 $31,498 $31,169 Difference from FY 2025-2026 SPIF Fee
Amount ($1,246) $193 ($1,075) ($431) ($1,254) ($4,116)
Percentage (1.9%) 0.4% (2.7%) (1.3%) (4.0%) (13.2%)
Source: City of Folsom; MacKay & Somps; EPS.

Residential - SPIF Per Dwelling Unit
Single-Family Multifamily

11/12/2025 Item No.11.

NOVEMBER 2025 SPIF INFRASTRUCTURE

FEE ADJUSTMENT

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Table 1. SPIF Summary per Dwelling Unit/Bldg. Sq. Ft. (Page 2 of 2)

Mixed Use Industrial/Office General Community Regional
Item Commercial Park (IND/OP) Commercial Commercial Commercial Specific Plan Infrastructure Fee (SPIF)
On- and Off-Site Roadways $21.63 $18.18 $25.56 $25.56 $18.67 Dry Utilities $2.14 $2.73 $3.29 $4.40 $2.24
On-Site Water $3.06 $4.70 $4.43 $5.92 $2.86
Off-Site Water $0.34 $0.53 $0.50 $0.66 $0.32
Recycled Water $1.01 $1.55 $1.46 $1.95 $0.94
Drainage $6.97 $8.90 $10.73 $14.33 $7.31
Sewer $0.26 $0.51 $0.26 $0.26 $0.26
Habitat Mitigation $0.44 $0.56 $0.68 $0.90 $0.46
Administration (3% of sum of all SPIF costs) $1.08 $1.13 $1.41 $1.62 $0.99 Total SPIF Cost per Dwelling Unit/Bldg. Sq. Ft. $36.93 $38.79 $48.30 $55.59 $34.05 FY 2025-26 SPIF Fee Summary (Including Admin.) $50.12 $39.21 $49.05 $51.80 $39.09 Difference from FY 2025-2026 SPIF Fee
Amount ($13.19) ($0.42) ($0.75) $3.79 ($5.04)
Percentage (26.3%) (1.1%) (1.5%) 7.3% (12.9%)
Source: City of Folsom; MacKay & Somps; EPS.

Nonresidential - SPIF Per Bldg. Sq. Ft

11/12/2025 Item No.11.

NOVEMBER 2025 SPIF INFRASTRUCTURE

FEE ADJUSTMENT

Economic & Planning Systems, Inc. 6 Executive Summary
Table 2. Folsom Heights SPIF Summary per Dwelling Unit/Bldg. Sq. Ft. (Page 1 of 2)

Item Low Density High Density Low Density Med. Density High Density Mixed Use Specific Plan Infrastructure Fee (SPIF)
On- and Off-Site Roadways $17,664 $16,058 $14,453 $12,847 $12,044 $11,241 Dry Utilities $4,478 $4,478 $3,359 $3,359 $3,359 $3,359 On-Site Water - - - - - - -
Off-Site Water - - - - - -
Recycled Water - - - - - -
Drainage $8,799 $8,082 $7,475 $4,830 $3,665 $2,380
Sewer $19 $19 - $14 $14 $14 $14
Habitat Mitigation $1,998 $1,311 $772 $422 $260 $150
Administration (3% of sum of all SPIF costs) $989 $898 $782 $644 $580 $514 Total SPIF Cost per Dwelling Unit/Bldg. Sq. Ft. $33,947 $30,847 $26,854 $22,116 $19,922 $17,658 FY 2025-26 SPIF Fee Summary (Including Admin.) $35,464 $30,764 $27,977 $22,565 $21,188 $21,771 Difference from FY 2025-2026 SPIF Fee (Amount) ($1,517) $83 ($1,123) ($449) ($1,266) ($4,113) Difference from FY 2025-2026 SPIF Fee (Percentage) (4.5%) 0.3% (4.2%) (2.0%) (6.4%) (23.3%) Source: City of Folsom; MacKay & Somps; EPS.
[1] Folsom Heights includes only Single-Family, Single-Family Low Density, and Multifamily Low Density residential land uses, and only General Commercial nonresidential land uses. However, this table shows the corresponding SPIF Fee for all FPASP land uses assuming the SPIF Infrastructure Fee components charged to Folsom Heights development.

Residential - SPIF per Dwelling Unit [1]
Single-Family Multifamily

11/12/2025 Item No.11.

NOVEMBER 2025 SPIF INFRASTRUCTURE

FEE ADJUSTMENT

Economic & Planning Systems, Inc. 7 Executive Summary
Table 2. Folsom Heights SPIF Summary per Dwelling Unit/Bldg. Sq. Ft. (Page 2 of 2)

Mixed Use Industrial/Office G eneral Community Regional Item Commercial P ark (IND/OP) Commercial Commercial Commercial Specific Plan Infrastructure Fee (SPIF)
On- and Off-Site Roadways $21.63 $18.18 $25.56 $25.56 $18.67 Dry Utilities $2.14 $2.73 $3.29 $4.40 $2.24
On-Site Water - - - - -
Off-Site Water - - - - -
Recycled Water - - - - -
Drainage $6.97 $8.90 $10.73 $14.33 $7.31
Sewer $0.00 $0.00 $0.00 $0.00 $0.00
Habitat Mitigation $0.44 $0.56 $0.68 $0.90 $0.46
Administration (3% of sum of all SPIF costs) $0.94 $0.91 $1.21 $1.36 $0.86 Total SPIF Cost per Dwelling Unit/Bldg. Sq. Ft. $32.11 $31.29 $41.46 $46.55 $29.54 FY 2025-26 SPIF Fee Summary (Including Admin.) $41.34 $31.79 $42.30 $44.20 $33.30 Difference from FY 2025-2026 SPIF Fee (Amount) ($9.23) ($0.50) ($0.84) $2.35 ($3.76) Difference from FY 2025-2026 SPIF Fee (Percentage) (28.7%) (1.6%) (2.0%) 5.0% (12.7%) Source: City of Folsom; MacKay & Somps; EPS.
[1] Folsom Heights includes only Single-Family, Single-Family Low Density, and Multifamily Low Density residential land uses, and only General Commercial nonresidential land uses. However, this table shows the corresponding SPIF Fee for all FPASP land uses assuming the SPIF Infrastructure Fee components charged to Folsom Heights development.

Nonresidential - SPIF per Bldg. Sq. Ft [1]

11/12/2025 Item No.11.

NOVEMBER 2025 SPIF INFRASTRUCTURE

FEE ADJUSTMENT

Economic & Planning Systems, Inc. 8 Executive Summary
Purpose of SPIF Adjustment
The City of Folsom Municipal Code Chapter 3.130 establishes the SPIF Program.

Per Section 3.130.030(F)(2), the City shall adjust the fees annually based on general changes in construction costs. The City has adhered to this process for each year during SPIF implementation. However, under their rights described in Section 3.130.030(F)(6), property owners requested an additional review and adjustment of the SPIF fees, based on the City’s recent Specific Plan Amendment (August 2025) and on evidence from backbone infrastructure construction contracts that the CCI-escalated SPIF fees were not keeping pace with the actual cost of installing backbone infrastructure. As this November 2025 SPIF Adjustment is based on general changes in construction costs (described in further detail in Chapter 3), in addition to adjusting the fees based on the remaining land uses and non-SPIF funding for backbone infrastructure, it is considered an adjustment under Section 3.13.030(F).

Compliance with Assembly Bill 602 (AB 602)
AB 602 added Section 66016.5(a) of the California Government Code and requires that any nexus study adopted after July 1, 2022, calculate fees for residential uses proportional to building square footage. However, as described above, this November 2025 SPIF Infrastructure Fee Adjustment does not represent an adoption of a nexus study subject to these requirements. The nexus between each land use’s proportionate share of various facility types in the SPIF program remains unchanged, and this report does not request that the City adopt new nexus findings. As such, this November 2025 SPIF Adjustment does not represent a Nexus Study subject to Assembly Bill 602.

In addition, the SPIF Program already meets the requirements Government Code Section 66016.5(a)(5)(B), which exempts fee programs from the square footage if the City makes findings that include the following:

1. An explanation as to why square footage is not an appropriate metric to calculate fees imposed on a housing development project.

2. An explanation that an alternative basis of calculating the fee bears a reasonable relationship between the fee charged and the burden posed by the development.

3. That other policies in the fee structure support smaller developments, or otherwise ensure that smaller developments are not charged disproportionate fees.

11/12/2025 Item No.11.

NOVEMBER 2025 SPIF INFRASTRUCTURE

FEE ADJUSTMENT

Economic & Planning Systems, Inc. 9 Executive Summary
With respect to finding 1 above, building square footage is not an appropriate metric to calculate SPIF fees for several reasons. The SPIF program charges fees for most residential developments at the time that the final small-lot subdivision map is approved. For almost all developments, this is the final planning entitlement, and represents the point at which residential lot layouts are finalized and any installed infrastructure improvements are accepted by the City. At this stage, many developers have not yet begun to finalize designs for the homes that will be built on each lot and may even sell the subdivision to another home-building entity that will ultimately design and construct the home.

As such, at the time that the final maps are approved and SPIF fees are charged, the total building square footage of the development may not be reasonably estimated, and implementing the fee by square footage would be administratively burdensome. In addition, although the SPIF fee is charged as a single fee, each component of the SPIF Fee is calculated by most precisely estimating the demand or impact of each type of infrastructure by each type of housing in the FPASP. For example, impact on storm drainage facilities is directly correlated to the amount of impervious surface that each housing unit creates in the Plan Area, while impact on water facilities is a function of household population. These infrastructure-specific demand factors were adopted by the City in the 2020 Nexus Study Update and constitute a reasonable relationship between each SPIF Program component and the burden posed by development.

Lastly, the City’s residential zoning categories and policies in the fee structure support smaller developments. The nature of the housing market and the development standards in the FPASP result in smaller units being constructed in higher-density residential land use designations, and per-unit fees for the higher- density land uses are significantly lower than the per-unit fees for low-density land uses. For example, the per unit SPIF fees for the higher density multifamily land uses, where the smallest residential units the Plan Area can be found, are all less than 65 percent of the fees for the lowest density residential land use. Nearly every component of the SPIF Program (with the exception of Dry Utilities and Sewer) charges proportionally less per unit to denser land use categories, as seen in Tables 17 through 24 later in this report. As such, adopting new nexus findings to calculate fees precisely on a square foot basis is unnecessary.

11/12/2025 Item No.11.

NOVEMBER 2025 SPIF INFRASTRUCTURE

FEE ADJUSTMENT

Economic & Planning Systems, Inc. 10 Executive Summary
SPIF Program Overview
The SPIF is a City-implemented plan area-specific development impact fee program applicable only to FPASP land uses.

The SPIF contains the following fee components:
• SPIF—Infrastructure Fee.
• SPIF—Parkland Equalization Fee.
• SPIF—Public Facilities Land Equalization Fee.
• SPIF—Administration Fee.

The SPIF Infrastructure Fee Component contains the following categories of improvements and costs:
• Roadway facilities.
• Dry utility facilities.
• Sanitary sewer facilities.
• Potable water facilities.
• Recycled water facilities.
• Storm drainage facilities.
• Habitat mitigation for backbone infrastructure.

Supporting Documents
The following documents produced by or for the City have been used to inform this analysis:
• Folsom Plan Area Specific Plan Document, as amended.
• Amended and Restated Development Agreement between the City and FPASP Property Owners.
• Folsom Plan Area Specific Plan Infrastructure Fee Nexus Study Document. • Folsom Plan Area Specific Plan Infrastructure Fee Nexus Study Fiscal Year 2020 Update Document.
• Folsom Plan Area Specific Plan Public Facilities Financing Plan Document. • Russell Ranch Specific Plan Amendment.
• Westland Eagle Specific Plan Amendment.
• Hillsborough Specific Plan Amendment.
• Carr Trust Specific Plan Amendment and Tentative Map.

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• Folsom Heights Specific Plan Amendment.
• Broadstone Estates Specific Plan Amendment.
• Infrastructure master plans prepared by or on behalf of the City.

Organization of Report
This SPIF Program Nexus Study is organized into the following chapters:
• Chapter 1 summarizes the SPIF Infrastructure Fee Adjustment. • Chapter 2 identifies the land uses that are subject to the Fee Program. • Chapter 3 describes the SPIF—Infrastructure Fee Component.

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2. Land Uses
Throughout implementation of the FPASP, property owners and the City have processed a number of Specific Plan Amendments. As mentioned in the 2015 Nexus Study, the City anticipated one or more property owners to petition the City to consider a SPA. Such SPAs, if approved by the City, would change the nature and mix of residential and nonresidential land uses. Any such SPAs that were approved by the City on or before June 30, 2016, were incorporated into the SPIF Program Update at that time. In May 2015, the City approved its first SPA for the Russell Ranch project and the following amendments that were incorporated into that same SPIF Program Update:
• Westland Eagle SPA; September 22, 2015.
• Folsom Heights SPA; June 28, 2016.
• Hillsborough SPA; May 24, 2016.
• Broadstone Estates SPA; June 28, 2016.
• Carr Trust; June 28, 2016.

As noted, these land uses that preceded the June 30, 2016 deadline formed the basis of the Target SPIF Revenue for all FPASP parcels. Since that time, any land use modifications, primarily effectuated through minor administrative modifications (MAMs) to the Specific Plan, were required to determine whether Target SPIF Revenues were staying or being transferred as part of those MAMs.

However, because the City’s August 2024 Specific Plan Amendment increased residential land uses densities, increasing the total dwelling unit count by more than 10 percent, the Specific Plan Amendment and this update reflects updated Target SPIF Revenues for remaining developable FPASP parcels.

August 2024 Specific Plan Amendment
On August 27, 2024, the Folsom City Council approved Resolution No. 11252, along with other complementary resolutions, that amended the Specific Plan to permit increased residential densities on both residential and on mixed use properties. Specifically, the Specific Plan Amendment resulted in the potential for 1,882 additional residential dwelling units while reducing maximum nonresidential building square footage by 251,266 square feet. For the purposes of the this November SPIF adjustment, these land use changes resulted in more fee-paying dwelling units.

11/12/2025 Item No.11.

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Economic & Planning Systems, Inc. 13 Land Uses
Table 3A shows the new maximum total approved residential and nonresidential land uses permitted following the August 2024 Specific Plan Amendment. Table 3A also accounts for the approximately 5,500 residential lots and approximately 139,000 nonresidential building square feet for which SPIF fees have already been charged resulting in remaining land uses that would be subject to the SPIF fees.

Table 3B compares the land uses prior to the August 2024 Specific Plan Amendment and the resulting land uses following the amendment. The maximum total in Table 3B is the starting point for remaining land uses that are depicted in Table 3A.

Folsom Heights
The FPASP contains a subarea referred to as Folsom Heights that is located in the eastern portion of the project and borders El Dorado County. Folsom Heights is located within the boundaries of the El Dorado Irrigation District (EID). As such, Folsom Heights will receive its water and sewer services from the EID and will not participate through the SPIF in funding FPASP water and sewer infrastructure.1 Consequently, the Folsom Heights development is excluded for the purpose of allocating water and sewer improvement costs to the various land uses. Table 4 shows the Folsom Heights development is excluded from the water and sewer cost allocations. Table 5 details the land uses for remaining the FPASP, as amended by the SPAs through June 30, 2016, less the Folsom Heights development.

1 In 2024, a minor change Russell Ranch permitted approximately 100 units from Folsom Heights to outfall sewer effluent into the sewer pipelines served by the City of Folsom. This change has not changed sewer cost allocations in the SPIF program.

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NOVEMBER 2025 SPIF INFRASTRUCTURE

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Table 3A. Remaining Developable Land Uses

Land Use Acres Units [1] Sq. Ft. Acres Units [1] Sq. Ft. Acres Units [1] Sq. Ft.

Residential du/acre
Single-Family (SF) 1-4 423.0 1,505 - (135.3) (446) - 287.7 1,059 - Single-Family High Density (SFHD) 4-7 848.7 4,440 - (631.4) (3,221) - 217.3 1,219 - Multifamily Low Density (MLD) 7-12 272.1 2,432 - (123.3) (1,014) - 148.8 1,418 - Multifamily Medium Density (MMD) 12-20 65.4 1,110 - (9.5) (136) - 55.9 974 - Multifamily High Density (MHD) 20-30 96.1 2,704 - (25.1) (696) - 71.0 2,008 - Mixed Use District (MU) - Residential [3] 9-30 22.8 1,117 - - - - 22.8 1,117 - Subtotal Residential 1,728.1 13,308 - (924.6) (5,513) - 803.4 7,795 - Nonresidential target far
Mixed Use District (MU) - Commercial [3] 0.20 15.2 254,204 - - - 15.2 - 254,204 Industrial/Office Park (IND/OP) 0.30 92.9 1,216,631 - - - 92.9 - 1,216,631 General Commercial (GC) [4] 0.25 42.5 461,735 - - - 42.5 - 461,735 Community Commercial (CC) 0.25 11.4 92,565 - - - 11.4 - 92,565 Regional Commercial (RC) 0.28 42.3 512,443 (18.9) - (139,195) 23.4 - 373,248 Subtotal Commercial 204.2 - 2,537,578 (18.9) - (139,195) 185.3 - 2,398,383 Total 1,932.3 13,308 2,537,578 (943.5) (5,513) (139,195) 988.8 7,795 2,398,383 Source: City of Folsom; MacKay & Somps; EPS.
[1] Units are an estimate based on target dwelling units. Actual dwelling units may differ but will fall within specified density range. [2] Based on the FPASP approved land uses for final maps and small lot final maps approved through July 1, 2025.

In addition, this includes Mangini Ranch Phase 1 Village 4, and Mangini Ranch Phase 2 Villages 4 and 8, as they have satisfied their SPIF obligation. [3] Mixed Use District is split 60% residential and 40% commercial. [4] Up to 25% of the General Commercial acres may be developed as office.

Density
Range
Beginning Land Uses
(As of July 1, 2025)
Developed Land Uses
(As of July 1, 2025) Remaining Land Uses

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Table 3B. Land Use Adjustments from 2016 Nexus Study Land Uses

Land Use Acres Units Sq. Ft. Acres Units Sq. Ft. Acres Units Sq. Ft.

Residential [1] du/acre
Single-Family (SF) 1-4 467.6 1,535 - (44.6) (30) - 423.0 1,505 - Single-Family High Density (SFHD) 4-7 822.0 4,453 - 26.7 (13) - 848.7 4,440 - Multifamily Low Density (MLD) 7-12 278.9 2,509 - (6.8) (77) - 272.1 2,432 - Multifamily Medium Density (MMD) 12-20 47.8 896 - 17.6 214 - 65.4 1,110 - Multifamily High Density (MHD) 20-30 64.3 1,601 - 31.8 1,103 - 96.1 2,704 - Mixed Use District (MU) - Residential [1] 9-30 17.1 343 - 5.7 774 - 22.8 1,117 - Subtotal Residential 1,697.7 11,337 - 30.4 1,971 - 1,728.1 13,308 - Nonresidential target far
Mixed Use District (MU) - Commercial [1] 0.20 11.4 100,362 3.8 - 153,842 15.2 - 254,204 Industrial/Office Park (IND/OP) [2] 0.30 103.4 1,353,845 (10.5) (137,214) 92.9 - 1,216,631 General Commercial (GC) [3] 0.25 54.0 586,970 (11.5) (125,235) 42.5 - 461,735 Community Commercial [4] 0.25 24.5 235,224 (13.1) (142,659) 11.4 - 92,565 Regional Commercial (RC) 0.28 42.3 512,443 - - - 42.3 - 512,443 Subtotal Commercial 235.6 - 2,788,844 (31.4) - (251,266) 204.2 - 2,537,578 Total 1,933.3 11,337 2,788,844 (1.0) 1,971 (251,266) 1,932.3 13,308 2,537,578 Source: City of Folsom; MacKay & Somps; EPS.
[1] Mixed-Use acres, dwelling units, and square foot allocations based on June 2025 Specific Plan. Acres are split 60% residential and 40% commercial. [2] Adjustment based on City-initiated rezoning of Parcel 2 from IND/OP to MHD. [3] Adjustment based on rezoning of Parcel 233 from GC to MU. [4] Adjustment based on City-initiated rezoning of Parcel 15 from CC to MHD.

Density
Range
Beginning Land Uses
(As of June 30, 2016) Adjustments SPIF Fee Starting Land Uses

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Table 4. Folsom Heights Development

Land Use
Target
FAR Acres
Dwelling
Units
Building
Sq. Ft.

Residential
Single-Family (SF) - 42.4 134 -
Single-Family High Density (SFHD) - 55.1 273 -
Multifamily Low Density (MLD) - 14.9 123 -
Multifamily Medium Density (MMD) - - - -
Multifamily High Density (MHD) - - - -
Mixed Use District (MU) - Residential - - - -
Subtotal Residential 112.4 530 -
Nonresidential
Mixed Use District (MU) - Commercial - - - -
Industrial/Office Park (IND/OP) - - - -
General Commercial (GC) 0.25 11.5 - 125,673
Community Commercial (CC) - - - -
Regional Commercial (RC) - - - -
Subtotal Commercial 11.5 - 125,673
Total Developable 123.9 530 125,673
Source: MacKay & Somps.
[1] The City has not approved any final maps or small lot final maps for Folsom Heights development. Therefore, this Nexus Study Update does not adjust Folsom Heights planned land uses.

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Table 5. Remaining Developable Land Uses (Excluding Folsom Heights)

Density
Land Use Range Acres Units [2] Sq. Ft.

Residential du/acre
Single-Family (SF) 1-4 245.3 925 -
Single-Family High Density (SFHD) 4-7 162.2 946 -
Multifamily Low Density (MLD) 7-12 133.8 1,295 -
Multifamily Medium Density (MMD) 12-20 55.9 974 -
Multifamily High Density (MHD) 20-30 71.0 2,008 -
Mixed Use District (MU) - Residential [3] 9-30 22.8 1,117 - Subtotal Residential 691.1 7,265 -
Nonresidential target far
Mixed Use District (MU) - Commercial [3] 0.20 15.2 - 254,204 Industrial/Office Park (IND/OP) 0.30 92.9 - 1,216,631
General Commercial (GC) [4] 0.25 30.9 - 336,062
Community Commercial (CC) 0.25 11.4 - 92,565
Regional Commercial (RC) 0.28 23.4 - 373,248
Subtotal Commercial 173.8 - 2,272,710
Total 864.9 7,265 2,272,710
Source: City of Folsom; MacKay & Somps; EPS.
within the specified density range.
[3] Mixed Use District is split 60% residential and 40% commercial. [4] Up to 25% of the General Commercial acres may be developed as office. [2] Units are an estimate based on target dwelling units. Actual dwelling units may differ but will fall [1] Based on the FPASP approved land uses for final maps and small lot final maps approved through July 1, 2025. See Table 3A and Appendix A for details.

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Economic & Planning Systems, Inc. 18 SPIF—Infrastructure Costs

3. SPIF—Infrastructure Costs
This chapter identifies the FPASP Backbone Infrastructure elements and requirements (as more specifically defined below) as informed by the Specific Plan Document, City master plans, and infrastructure planning documents from other agencies that are included in the SPIF. Specific cost detail and infrastructure segment maps supporting FPASP Backbone Infrastructure are included in Appendix B through Appendix I. Cost estimates for SPIF infrastructure are based on information from MacKay & Somps and the City, unless otherwise indicated.

Backbone Infrastructure
Many people tend to use the term “backbone infrastructure” for all publicly owned facilities without specific distinction between backbone infrastructure and public facilities. The Fee Program uses the defined term Backbone Infrastructure to include most of the public service-based items that are underground or at ground level, which may be both on site or off site (i.e., within or outside the FPASP boundaries). Backbone Infrastructure is sized to serve the FPASP as a whole and in some cases may be sized to serve broader development areas, including existing development (e.g., future freeway interchanges). For the SPIF, Backbone Infrastructure includes the following items:
• Roadways.2 • Sewer Facilities.
• Dry Utility Facilities.3 • Storm Drainage Facilities. • Potable Water Facilities. • Habitat Mitigation for Backbone Infrastructure.• Recycled Water Facilities.

It is important to note that Backbone Infrastructure costs include roadway median costs (median curbs and landscaping), as well as the costs for sidewalks/trails and streetlights adjacent to backbone roadways. Backbone Infrastructure does not include landscape corridors and soundwalls adjacent to backbone roadway facilities, with minor exceptions to this rule where a backbone roadway is adjacent to an open space area.

Backbone Infrastructure Cost Adjustments
As mentioned in Chapter 1 of this November 2025 SPIF Adjustment, EPS and the City have adjusted the Backbone Infrastructure cost estimates to ensure the SPIF 2 Includes on- and off-site roadways.
3 Dry utility facilities were included in Roadways in the 2015 Nexus Study; however, cost estimates for dry utility facilities significantly increased in the 2018 Nexus Study Update. Dry utility facilities have since been included and allocated as its own component.

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Economic & Planning Systems, Inc. 19 SPIF—Infrastructure Costs Fee Program keeps pace with the actual cost of Backbone Infrastructure construction. Accordingly, EPS, working with MacKay & Somps, has incorporated the following adjustments to update the SPIF Fee Program for purposes of this November 2025 SPIF Adjustment.

Incorporate Actual Costs
As detailed in Chapter 7 of the 2015 Nexus Study and subsequent nexus study updates, a private party (e.g., developer or landowner) may advance-fund eligible SPIF components (constructed Backbone Infrastructure or dedicated eligible park or public facilities land). That party would be defined as a “Constructing Owner” and will be due a reimbursement from the SPIF Program. The Infrastructure Fee Program Reimbursement Agreement (Fee Reimbursement Agreement) outlines the terms and conditions that a Constructing Owner completes Backbone Infrastructure improvements or dedicates parkland or public facility land and is eligible for fee reimbursement.

The total amount of reimbursement for completed Backbone Infrastructure will be based on actual costs incurred for eligible hard costs based on a properly bid construction contract. All hard costs will be subject to verification by the City and actual costs expended will go through a true-up process upon completion of the infrastructure component. The true-up process, which is more specifically detailed in the Fee Reimbursement Agreement, is the way the City, the SPIF Program Administrator, and the Constructing Owner finalize the amount of hard construction cost and related soft costs that will be subject to SPIF Fee reimbursement. As stipulated in the SPIF nexus study and Fee Reimbursement Agreement, this November 2025 SPIF Adjustment incorporates those reconciled costs for completed infrastructure. These true-up costs are added to the Backbone Infrastructure cost estimates to ensure the reconciled hard and soft costs are reflected in the SPIF Program.

Completed SPIF Infrastructure Improvements
When EPS prepared the 2018 Nexus Study Update, Phase 1 SPIF facilities were completed to accommodate initial phases of FPASP development. Between the 2018 Nexus Study Update and the 2020 Nexus Study Update, Constructing Owners have engaged with the City in Fee Reimbursement Agreements for all the Phase 1 SPIF Backbone Infrastructure development. In addition, constructing

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Economic & Planning Systems, Inc. 20 SPIF—Infrastructure Costs owners completed further SPIF backbone infrastructure between the 2020 Nexus Study Update and this November 2025 SPIF Infrastructure Fee Adjustment and have entered (or will imminently enter) into Fee Reimbursement Agreements with the City for these improvements. Improvements constructed during that time period are termed “Phase 2 Improvements.”
As of this November 2025 SPIF Infrastructure Fee Adjustment, EPS removed or adjusted the SPIF Facilities (or portions of) that are included the Fee Reimbursement Agreements to date, including use of Fee Reimbursements that were converted to Fee Credits and used to offset eligible SPIF fees. For the SPIF Program Fee Reimbursement Agreements that have not been fully transferred to SPIF—Infrastructure Fee credits, EPS adjusted the remaining costs using annual construction cost index (CCI) escalation factors. Furthermore, EPS reduced the remaining SPIF Fee Reimbursement amount by the SPIF-Infrastructure Fees paid to the City.

Phase 2 reimbursement agreements were executed based on CCI-escalated costs from the 2020 Nexus Study. For some of these agreements, these CCI-escalated cost estimates for the improvements were significantly less than actual costs incurred by the constructing owners. For agreements where actual costs exceeded CCI-escalated cost estimates, the reimbursement amount was adjusted by the difference between actual costs incurred and the CCI-escalated costs. These adjustments are shown in Table B-5.

The Phase 1 and Phase 2 construction cost adjustments, including addition of the true-up costs described above, are provided in Appendix B of this November 2025 SPIF Adjustment.

Escalate Unit Cost Estimates
For the improvements remaining in the SPIF program, Mackay & Somps updated the unit costs based on a review of construction bids for 14 different backbone infrastructure projects in the FPASP area. The updated unit pricing was based primarily on the average of the lowest bid and the overall average bid. For unit prices where this calculation resulted in unit prices more than 10 percent above the unit price in the lowest bid, the updated unit price was based on the lowest bid plus 10 percent.

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Economic & Planning Systems, Inc. 21 SPIF—Infrastructure Costs New SPIF Infrastructure Facilities
With unanimous approval of the FPASP property owners and the concurrence of City public works and engineering staff, the following facilities have been included in the FPASP SPIF CIP:
• Sierra Parkway, which is a north/south road that will run along the eastern edge of the Plan Area.

• Haven Parkway, which is an east/west road that will run through the Alder Creek area.

• 69kV Power Pole Relocation to relocate existing 69kV power lines along Prairie City Road on the western edge of the FPASP.

The Sierra Parkway costs include costs for roadway, water, sewer, and storm drainage improvements totaling approximately $12.7 million. The Haven Parkway costs include costs for roadway, water, sewer, and storm drainage improvements totaling approximately $8.6 million.

Other FPASP Development Costs
For this November 2025 SPIF Update, EPS calculated remaining habitat mitigation costs by subtracting the total habitat mitigation costs incurred in Phase 2 reimbursement agreements from the total habitat mitigation costs estimated in the 2020 Nexus Study Update.

Backbone Infrastructure Cost Summary
Table 6 summarizes the estimated cost of Phase 1, Phase 2, and remaining FPASP Backbone Infrastructure (2025$), which includes the following facilities:
• Roadways (On-Site and Off-Site).
• Dry Utilities.
• Water System (On-Site and Off-Site).
• Recycled Water System.
• Sanitary Sewer System.
• Storm Drainage System.
• Habitat Mitigation (for Backbone Infrastructure).

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Economic & Planning Systems, Inc. 22 SPIF—Infrastructure Costs Table 6. Summary of Estimated SPIF-Funded Infrastructure Improvement Costs Phase 1 Phase 2 Remaining Total Funded by Costs at
Improvement Costs [1] Costs [1] Costs [2] Costs Other Sources Buildout

Specific Plan Infrastructure Fee
On- and Off-Site Roadways
Backbone Roadway Rough Grading $3,291,280 $13,056,327 $26,022,385 $42,369,992 - $42,369,992 Backbone Roadways [3] $2,883,861 $15,488,009 $65,036,281 $83,408,151 - $83,408,151 Community Entry Improvements $0 $0 $2,771,550 $2,771,550 - $2,771,550 Railroad Crossings $229,586 $222,206 $2,002,960 $2,454,752 - $2,454,752 City Fiber Optic & Traffic Control System $342,306 $311,856 $5,555,482 $6,209,644 - $6,209,644 Signalized Intersections & Improvements $792,292 $3,979,002 $13,618,105 $18,389,399 - $18,389,399 Open Space Vehicular Access Barrier $58,502 $113,131 $907,314 $1,078,947 - $1,078,947 Off-Site Roadway Improvements $0 $0 $0 $0 - $0
Class 1 Trail $0 $98,614 $0 $98,614 - $98,614
Total On- and Off-Site Roadways $7,597,827 $33,269,145 $115,914,077 $156,781,049 - $156,781,049 Dry Utility $3,119,606 $4,639,227 $27,599,046 $35,357,879 - $35,357,879 On-Site Water $9,476,162 $6,605,455 $53,492,482 $69,574,099 - $69,574,099 Off-Site Water [4] $21,086,787 $20,784,870 $0 $41,871,657 ($34,092,929) $7,778,728 Recycled Water $922,712 $3,018,220 $18,958,260 $22,899,192 - $22,899,192 Sewer [5] $967,590 $6,852,713 $8,299,529 $16,119,832 - $16,119,832 Drainage $4,381,126 $15,791,556 $45,930,013 $66,102,695 - $66,102,695 Habitat Mitigation $218,143 $1,763,329 $5,291,514 $7,272,986 - $7,272,986 Total SPIF Improvement Cost $47,769,953 $92,724,515 $275,484,920 $415,979,388 ($34,092,929) $381,886,459 Source: MacKay & Somps.
[1] The Phase 1 and Phase 2 costs shown reflect the Phase 1 and Phase 2 SPIF Infrastructure Backbone Facility costs included in SPIF Infrastructure Fee Reimbursements that have not been converted to SPIF credit, SPIF Infrastructure Fee payments made as of July 1, 2025, plus SPIF True-Up amounts. See Table B-1 through Table B-19 for details. [2] Includes costs expected to be funded by SPIF and other funding sources. [3] Backbone Roadways: Assumes CFD No. 18 PAYGO for offsetting revenues. [5] Sewer: CFD No. 18 funded portions of SPIF sewer facilities. These facilities have already been completed and are fully funded; and therefore, are not reflected in this table.

Backbone Infrastructure Costs (2024$)
[4] Only the remaining Phase 1 reimbursements owed to the City and Off-Site Water Treatment Plant set-asides are included in the SPIF costs. Other off-site water improvement costs are paid through other sources, including CFD No. 2013-1, CFD No. 17, and CFD No. 18.

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Economic & Planning Systems, Inc. 23 SPIF—Infrastructure Costs Appendices B through I contain summary and unit cost estimate assumptions prepared by MacKay & Somps. The appendices are organized so that there is a separate appendix for each facility type. Each of these appendices (Appendix B through Appendix I) contains an illustration of the backbone infrastructure and summary of the total costs. Each appendix also contains detailed support for the cost estimates. The backbone infrastructure requirements for each element of the are described in further detail in the 2020 Nexus Study Update.

Tables 7 through 14 summarize the cost of remaining backbone infrastructure by infrastructure type. With the exception of the SPIF Water Treatment Plant component, the costs in these tables were estimated by Mackay & Somps using the updated unit pricing described above.

SPIF Water Treatment Plant Set-Aside Fee
As stipulated in the Water Supply Agreement between the City and the property owners, the FPASP development is responsible for reimbursing the City for having incurred past expenses to expand the water treatment facility and associated conveyance improvements. Therefore, the 2018 Nexus Study Update included approximately $13.4 million (2017$) in Water Supply Agreement existing facilities, of which $5.7 million was to be funded by CFD No. 18 PAYGO revenue and $7.7 million of which was to be included in the SPIF – Infrastructure Fee.

The 2020 SPIF Nexus Study Update created a SPIF Water Treatment Plant Set- Aside (WTP Set-Aside), which required developers to reimburse the City for the $7.7 million in water treatment improvement costs, minus the amount of SPIF Off- Site Water fees collected between 2017 and the 2020 SPIF Nexus Study Update.

Concurrently with the creation of the 2020 SPIF Nexus Study Update, the City also executed a reimbursement agreement to ensure that it is fully reimbursed for the amount of SPIF credits used to satisfy SPIF Off-Site Water obligations prior to the creation of the WTP Set-Aside. This 2025 SPIF Nexus Study Update allocates the remaining WTP Set-Aside costs to the updated remaining land uses. Table 10 shows the amount of WTP Set-Aside costs to be paid by remaining development, and Table 11 shows how these costs are allocated to remaining development.

This Set-Aside Fee is not payable through the use of reimbursements converted to fee credits and is required to be paid in cash at the time of final map approval (or building permit for multifamily and nonresidential development), so that the City can recoup a portion of its expenditures for the Water Treatment Plant in a timeframe acceptable to the City. The other portion of the Off-Site Water component, which can be satisfied with SPIF credits, is the water treatment costs contained in the City’s reimbursement agreement as described above and shown in Appendix C, Table C-7.

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Economic & Planning Systems, Inc. 24 SPIF—Infrastructure Costs Table 7. Estimated Roadway Costs

Item Construction
Engineering/
Plan Check/
Inspection Contingency Total
Percentage 15% 20%
Backbone Roadways
Alder Creek Parkway $19,726,053 $2,958,908 $3,945,211 $26,630,171 Oak Avenue Parkway $15,836,775 $2,375,516 $3,167,355 $21,379,646 East Bidwell Street $662,084 $99,313 $132,417 $893,813
Westwood Drive $0 $0 $0 $0
Empire Ranch Road $1,905,303 $285,795 $381,061 $2,572,159 Rowberry Drive $756,500 $113,475 $151,300 $1,021,275
Mangini Parkway $2,492,969 $373,945 $498,594 $3,365,508 Savannah Parkway $1,688,892 $253,334 $337,778 $2,280,004 Russell Ranch Road $0 $0 $0 $0
Scenic Vista Court $0 $0 $0 $0
Haven Parkway $2,242,200 $336,330 $448,440 $3,026,970
Placerville Road $264,470 $39,671 $52,894 $357,035
Sierra Parkway $2,599,778 $389,967 $519,956 $3,509,700
Subtotal Backbone Roadways $48,175,023 $7,226,253 $9,635,005 $65,036,281 Community Entry Improvements $2,053,000 $307,950 $410,600 $2,771,550 Railroad Crossings $1,483,674 $222,551 $296,735 $2,002,960 City Fiber Optic & Traffic Signal Control System $4,115,172 $617,276 $823,034 $5,555,482 Signalized Intersections & Improvements $10,087,485 $1,513,123 $2,017,497 $13,618,105 Open Space Vehicular Access Barrier $672,084 $100,813 $134,417 $907,314 Off-Site Roadway Improvements in Folsom
(Fair Share Cost - Assumed 50%) $0 $0 $0 $0
Total Remaining SPIF-Funded Construction $85,862,279 $12,879,342 $17,172,456 $115,914,077 Total SPIF-Funded Roadways $85,862,279 $12,879,342 $17,172,456 $156,781,049 Roadways Funded by PAYGO [2] $0 $0 $0 $0
TOTAL BACKBONE ROADWAYS [3] $85,862,279 $12,879,342 $17,172,456 $156,781,049 Source: MacKay & Somps.
[1] The Phase 1 and Phase 2 costs shown reflect the Phase 1 and Phase 2 SPIF Infrastructure Backbone Facility costs included in SPIF Infrastructure Fee Reimbursements that have not been converted to SPIF credit, SPIF Infrastructure Fee payments made as of July 1, 2025, plus SPIF True-Up amounts. See Table B-1 through Table B-19 for details. [2] Future lane widening of Oak Avenue Parkway and Empire Ranch Road. [3] The horizontal total does not sum because construction, engineering/plan check/inspection, and contingency costs are not provided for the remaining Phase 1 and Phase 2 Roadway costs.

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Economic & Planning Systems, Inc. 25 SPIF—Infrastructure Costs Table 8. Estimated Dry Utilities Costs

Item Construction
SMUD Contract
Cost [1]
Engineering/
Plan Check/
Inspection Contingency Total
Percentage 50% 15% 20%

SPIF DRY UTILITIES FACILITIES
Phase 1 Dry Utilities System [2] - - - - $3,119,606
Phase 2 Dry Utilities System [2] - - - - $4,639,227
Remaining Construction
Backbone Dry Utility System
Alder Creek Parkway $2,335,930 $1,167,965 $350,390 $467,186 $4,321,471 Prairie City Road $3,259,343 $1,629,671 $488,901 $651,869 $6,029,784 Oak Avenue Parkway $1,597,624 $798,812 $239,644 $319,525 $2,955,604 East Bidwell Street $0 $0 $0 $0 $0
Westwood Drive $0 $0 $0 $0 $0
Empire Ranch Road $716,617 $358,309 $107,493 $143,323 $1,325,742 Rowberry Drive $318,100 $159,050 $47,715 $63,620 $588,486 Mangini Parkway $1,182,194 $591,097 $177,329 $236,439 $2,187,059 Savannah Parkway $220,767 $110,383 $33,115 $44,153 $408,419 Haven Parkway $591,911 $295,956 $88,787 $118,382 $1,095,036 Sierra Parkway $1,018,432 $509,216 $152,765 $203,686 $1,884,100 Subtotal Backbone Dry Utility System $11,240,920 $5,620,460 $1,686,138 $2,248,184 $20,795,701 Electrical Transmission System - 69 KV Pole Relocation
Alder Creek Parkway $938,841 $469,420 $140,826 $187,768 $1,736,856 Prarie City Road $2,738,643 $1,369,321 $410,796 $547,729 $5,066,489 Subtotal Electrical Transmission System $3,677,484 $1,838,742 $551,623 $735,497 $6,803,345 Subtotal Remaining Construction $14,918,403 $7,459,202 $2,237,760 $2,983,681 $27,599,046 TOTAL DRY UTILITIES COSTS [3] $14,918,403 $7,459,202 $2,237,760 $2,983,681 $35,357,879 Source: MacKay & Somps.
[1] Reflects the estimated cost SMUD will charge for the installation of backbone electrical conductors. [2] The Phase 1 and Phase 2 costs shown reflect the Phase 1 and Phase 2 SPIF Infrastructure Backbone Facility costs included in SPIF Infrastructure Fee Reimbursements that have not been converted to SPIF credit, SPIF Infrastructure Fee payments made as of July 1, 2025, plus SPIF True-Up amounts. See Table B-1 through Table B-19 for details. [3] The horizontal total does not sum because construction, SMUD contract costs, engineering/plan check/inspection, and contingency costs are not provided for the remaining Phase 1 and Phase 2 Dry Utility costs.

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Economic & Planning Systems, Inc. 26 SPIF—Infrastructure Costs Table 9. Estimated On-Site Potable Water System Costs
Item Construction
Engineering/
Plan Check/
Inspection Contingency Total
Percentage 15% 20%

SPIF ON-SITE POTABLE WATER FACILITIES
Phase 1 On-Site Potable Water System [2] - - - $9,476,162 Phase 2 On-Site Potable Water System [2] - - - $6,605,455 Remaining Construction
Potable Water Pipelines System
Alder Creek Parkway $4,257,623 $638,643 $851,525 $5,747,791 Oak Avenue Parkway $2,163,511 $324,527 $432,702 $2,920,739 East Bidwell Street $0 $0 $0 $0
Westwood Drive $0 $0 $0 $0
Empire Ranch Road $1,172,253 $175,838 $234,451 $1,582,542 Rowberry Drive $224,030 $33,604 $44,806 $302,440
Mangini Parkway $1,590,610 $238,591 $318,122 $2,147,323 Savannah Parkway $0 $0 $0 $0
Prairie City Road $2,496,329 $374,449 $499,266 $3,370,044 Haven Parkway $1,184,156 $177,623 $236,831 $1,598,611
Sierra Parkway $1,373,037 $205,956 $274,607 $1,853,600
Subtotal Potable Water Pipelines System $14,461,548 $2,169,232 $2,892,310 $19,523,090 Storage Reservoirs
Zone 3 - Phase 1 $5,739,017 $860,853 $1,147,803 $7,747,673 Zone 3 - Phase 2 $4,792,611 $718,892 $958,522 $6,470,025 Zone 4 $6,265,203 $939,780 $1,253,041 $8,458,024
Subtotal Storage Reservoirs $16,796,831 $2,519,525 $3,359,366 $22,675,721 Pressure Reducing Stations
Zone 3 to Zone 2 $87,986 $13,198 $17,597 $118,781
Zone 4 to Zone 3 $0 $0 $0 $0
Subtotal Pressure Reducing Stations $87,986 $13,198 $17,597 $118,781 Booster Pump Stations
Off-site Zone 3 Booster Pump $7,882,494 $1,182,374 $1,576,499 $10,641,366 Zone 3 to Pressure Zone 4 - Phase 2 $395,203 $59,280 $79,041 $533,523 Subtotal Booster Pump Stations $8,277,696 $1,241,654 $1,655,539 $11,174,890 Total Remaining Construction $39,624,061 $5,943,609 $7,924,812 $53,492,482 TOTAL ON-SITE POTABLE WATER COSTS [2] $39,624,061 $5,943,609 $7,924,812 $69,574,099 Source: MacKay & Somps.
[1] The Phase 1 and Phase 2 costs shown reflect the Phase 1 and Phase 2 SPIF Infrastructure Backbone Facility costs included in SPIF Infrastructure Fee Reimbursements that have not been converted to SPIF credit, SPIF Infrastructure Fee payments made as of July 1, 2025, plus SPIF True-Up amounts. See Table B-1 through Table B-19 for details. [2] The horizontal total does not sum because construction, engineering/plan check/inspection, and contingency costs are not provided for the remaining Phase 1 and Phase 2 On-Site Potable Water costs.

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Economic & Planning Systems, Inc. 27 SPIF—Infrastructure Costs Table 10. Off-Site Water Set-Aside Costs Remaining

Item FY 17-18 FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25 FY 25-26 Beginning Cost $7,665,000 $7,356,328 $7,266,868 $6,720,170 $6,826,288 $6,658,168 $6,372,436 $6,136,741 $5,498,434 Escalation Factor [1] 0.00% 3.27% 2.50% 2.25% 3.25% 5.54% 8.87% 2.65% 0.66% Adjusted Cost $7,665,000 $7,596,880 $7,448,540 $6,871,374 $7,048,142 $7,027,031 $6,937,672 $6,299,365 $5,534,724 Less Credited Projects/ Set-Aside Paid [2] ($308,672) ($330,012) ($728,370) ($45,086) ($389,974) ($654,595) ($800,931) ($800,931) $0 Remaining Costs $7,356,328 $7,266,868 $6,720,170 $6,826,288 $6,658,168 $6,372,436 $6,136,741 $5,498,434 $5,534,724 remain cost
Source: SPIF Nexus Study FY 2017-2018 Update; City of Folsom; EPS. [1] Off-Site Potable Water Existing Facilities: The SPIF Fee Program originally included $7,655,000 of existing water system costs the City invested in recent years.

The City requested that the City's past investments in the existing water system be allocated to the remaining FPASP land uses and charged as a Set-Aside Fee so the City can more efficiently recover its past water system investments. The amount shown in the SPIF reflects the proportion of SPIF credits that have been executed through July 15, 2020 through which the City has submitted a SPIF Fee Program Reimbursement Agreement to be reimbursed by FPASP developers and builders through the SPIF Fee Program. The amount shown for the Water Treatment Plant Set-Aside Fee reflects the balance owed by the remaining undeveloped FPASP land uses. The amounts shown in these funding sources reflect FY 2023-2024 dollars.

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Economic & Planning Systems, Inc. 28 SPIF—Infrastructure Costs Table 11. Off-Site Water Set Aside Cost Allocation

Land Use
Dev.

Acres [1]
Units/
Sq. Ft.

Water
Demand [2]
Total
Demand
Distribution
of Demand
Assigned
Cost [3]
per
Acre
per Unit/
Sq. Ft.

Formula A B C D=C*A or B E=D/Total Demand F=Total Cost*E G=F/A H=F/B Residential units per unit per unit
Single-Family (SF) 245.3 925 0.59 546 24.5% $1,356,901 $5,531 $1,466 Single-Family High Density (SFHD) 162.2 946 0.37 350 15.7% $870,256 $5,364 $920 Multifamily Low Density (MLD) 133.8 1,295 0.23 298 13.4% $740,546 $5,533 $572 Multifamily Medium Density (MMD) 55.9 974 0.19 185 8.3% $460,116 $8,235 $472 Multifamily High Density (MHD) 71.0 2,008 0.18 361 16.2% $898,650 $12,655 $448 Mixed Use (MU) - Residential 22.8 1,117 0.16 179 8.0% $444,352 $19,489 $398 Subtotal 691.1 7,265 1,919 86.2% $4,770,821
Nonresidential sq. ft. per acre per sq. ft.

Mixed Use (MU) - Commercial 15.2 254,204 1.64 25 1.1% $61,979 $4,078 $0.24 Office Park (OP) 92.9 1,216,631 1.97 183 8.2% $454,954 $4,898 $0.37 General Commercial (GC) 30.9 336,062 1.54 48 2.1% $118,466 $3,829 $0.35 Community Commercial (CC) 11.4 92,565 1.54 18 0.8% $43,562 $3,829 $0.47 Regional Commercial (RC) 23.4 373,248 1.46 34 1.5% $84,942 $3,630 $0.23 Subtotal 173.8 2,272,710 307 13.8% $763,903
Total Project 864.9 2,226 100.0% $5,534,724
wtp remaining alloc
Source: Folsom Specific Plan Area Water Supply Assessment (June 2010), MacKay & Somps, EPS [1] Residential acreage in this table does not reflect the reduction of the estimated acreage of residential subdivisions which have processed final maps. [2] Residential: acre feet/dwelling unit/year; nonresidential: acre feet/acre/year Land Uses
Excluding Folsom Heights Cost Allocation Basis Water Cost Allocation

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Economic & Planning Systems, Inc. 29 SPIF—Infrastructure Costs Table 12. Estimated Recycled Water System Costs

Item Construction
Engineering/
Plan Check/
Inspection Contingency Total
Percentage 15% 20%

SPIF RECYCLED WATER FACILITIES
Phase 1 Recycled Water System [1] - - - $922,712
Phase 1 Recycled Water System [1] - - - $3,018,220
Remaining Construction
Recycled Water Pipelines
Alder Creek Parkway $5,960,772 $894,116 $1,192,154 $8,047,042 East Bidwell Street $0 $0 $0 $0
Westwood Drive $0 $0 $0 $0
Mangini Parkway $1,271,702 $190,755 $254,340 $1,716,798 Empire Ranch Road $833,405 $125,011 $166,681 $1,125,097 Rowberry Drive $98,338 $14,751 $19,668 $132,756
Savannah Parkway $0 $0 $0 $0
Rustic Ridge Drive $0 $0 $0 $0
Prairie City Road $1,995,830 $299,375 $399,166 $2,694,371 Oak Avenue Parkways $1,035,228 $155,284 $207,046 $1,397,557 Haven Parkway $661,544 $99,232 $132,309 $893,085
Sierra Parkway $1,097,707 $164,656 $219,541 $1,481,904
Placerville Road Utility Corridor $488,567 $73,285 $97,713 $659,565 Subtotal Recycled Water Pipelines $13,443,092 $2,016,464 $2,688,618 $18,148,174 Pressure Reducing Stations $600,064 $90,010 $120,013 $810,086 Zone 5 Storage Reservoir $0 $0 $0 $0
Subtotal Remaining Construction $14,043,156 $2,106,473 $2,808,631 $18,958,260 TOTAL RECYCLED WATER COSTS [2] $14,043,156 $2,106,473 $2,808,631 $22,899,192 Source: MacKay & Somps.
[1] The Phase 1 and Phase 2 costs shown reflect the Phase 1 and Phase 2 SPIF Infrastructure Backbone Facility costs included in SPIF Infrastructure Fee Reimbursements that have not been converted to SPIF credit, SPIF Infrastructure Fee payments made as of July 1, 2025, plus SPIF True-Up amounts. See Table B-1 through Table B-19 for details. [2] The horizontal total does not sum because construction, engineering/plan check/inspection, and contingency costs are not provided for the remaining Phase 1 and Phase 2 Recycled Water costs.

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FEE ADJUSTMENT

Economic & Planning Systems, Inc. 30 SPIF—Infrastructure Costs Table 13. Estimated Sewer System Costs

Item Construction
Engineering/
Plan Check/
Inspection Contingency Total
Percentage 15% 20%

SPIF SANITARY SEWER FACILITIES
Phase 1 Sanitary Sewer System [1] [2]
Sewer Pipelines - - - $967,590
Alder Creek Lift Station - - - $0
Subtotal Phase 1 Sanitary Sewer System - - - $967,590
Phase 2 Sanitary Sewer System [1] [2] $6,852,713
Remaining Construction
Sanitary Sewer Pipelines
Alder Creek Parkway $934,115 $140,117 $186,823 $1,261,055 Oak Avenue Parkway $0 $0 $0 $0
Westwood Drive $0 $0 $0 $0
Rowberry Drive $224,080 $33,612 $44,816 $302,508
Mangini Parkway $267,330 $40,099 $53,466 $360,895
Savannah Parkway $0 $0 $0 $0
Prairie City Road $3,055,780 $458,367 $611,156 $4,125,303 Empire Ranch Road $66,171 $9,926 $13,234 $89,331
Haven Parkway $127,048 $19,057 $25,410 $171,515
Folsom Heights Drive $86,230 $12,935 $17,246 $116,411
Sierra Parkway $887,704 $133,156 $177,541 $1,198,400
Subtotal Sanitary Sewer Pipelines $5,648,458 $847,269 $1,129,692 $7,625,418 Sanitary Sewer Pump Stations & Force Mains
Alder Creek Sewer Lift Station - Phase 2 $133,970 $20,095 $26,794 $180,859 Russell Ranch Sewer Lift Station $0 $0 $0 $0
Sewer Odor Control System $365,372 $54,806 $73,074 $493,252 Subtotal Sanitary Sewer Pump Station & Force Mains $499,342 $74,901 $99,868 $674,111 Subtotal Remaining Construction $6,147,799 $922,170 $1,229,560 $8,299,529 TOTAL SANITARY SEWER COSTS [3] $6,147,799 $922,170 $1,229,560 $16,119,832 Source: MacKay & Somps.
[1] The Phase 1 and Phase 2 costs shown reflect the Phase 1 and Phase 2 SPIF Infrastructure Backbone Facility costs included in SPIF Infrastructure Fee Reimbursements that have not been converted to SPIF credit, SPIF Infrastructure Fee payments made as of July 1, 2025, plus SPIF True-Up amounts. See Table B-1 through Table B-19 for details. [3] The horizontal total does not sum because construction, engineering/plan check/inspection, and contingency costs are not provided for the remaining Phase 1 and Phase 2 Sanitary Sewer costs. [2] Does not include approximately $4.7 million in improvments for the Phase 1 Alder Creek lift station that were funded by CFD 18.

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FEE ADJUSTMENT

Economic & Planning Systems, Inc. 31 SPIF—Infrastructure Costs Table 14. Estimated Storm Drainage System Costs (Page 1 of 2)

Item Construction
Engineering/
Plan Check/
Inspection Contingency Total
Percentage 15% 20%

SPIF STORM DRAINAGE FACILITIES
Phase 1 Storm Drainage System [1] - - - $4,381,126
Phase 2 Storm Drainage System [1] - - - $15,791,556
Remaining Construction
Storm Drain Pipelines
Alder Creek Parkway $6,433,239 $964,986 $1,286,648 $8,684,872 Oak Avenue Parkway $3,183,505 $477,526 $636,701 $4,297,732 East Bidwell Street $0 $0 $0 $0
Westwood Drive $0 $0 $0 $0
Empire Ranch Road $629,936 $94,490 $125,987 $850,414
Rowberry Drive $299,276 $44,891 $59,855 $404,023
Mangini Parkway $2,210,282 $331,542 $442,056 $2,983,880 Savannah Parkway $0 $0 $0 $0
Prairie City Road $4,087,617 $613,143 $817,523 $5,518,283 Haven Parkway $801,268 $120,190 $160,254 $1,081,712
Sierra Parkway $1,329,704 $199,456 $265,941 $1,795,100
Miscellaneous Storm Drain Improvements $153,975 $23,096 $30,795 $207,866 Subtotal Storm Drain Pipelines $19,128,803 $2,869,320 $3,825,761 $25,823,884 Detention Basins [2]
Combo #1 $0 $0 $0 $0
Combo #2 $1,647,448 $247,117 $329,490 $2,224,055
Combo #3 $1,133,684 $170,053 $226,737 $1,530,473
Combo #4 $492,332 $73,850 $98,466 $664,648
Combo #5 $545,766 $81,865 $109,153 $736,784
DB #1 $635,135 $95,270 $127,027 $857,432
DB #2 $652,399 $97,860 $130,480 $880,739
DB #3 $602,628 $90,394 $120,526 $813,548
HMB #1 $565,567 $84,835 $113,113 $763,515
HMB #2 $540,748 $81,112 $108,150 $730,010
HMB #3 $609,055 $91,358 $121,811 $822,224
HMB #4 $514,552 $77,183 $102,910 $694,645
HMB #5 $526,455 $78,968 $105,291 $710,714
HMB #6 $1,173,094 $175,964 $234,619 $1,583,677

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Economic & Planning Systems, Inc. 32 SPIF—Infrastructure Costs Table 14. Estimated Storm Drainage System Costs (Page 2 of 2)

Item Construction
Engineering/
Plan Check/
Inspection Contingency Total
Percentage 15% 20%
HMB #8 $0 $0 $0 $0
HMB #9 $563,015 $84,452 $112,603 $760,070
HMB #10 $812,210 $121,832 $162,442 $1,096,484
HMB #11 $584,507 $87,676 $116,901 $789,084
HMB #12 $886,387 $132,958 $177,277 $1,196,622
HMB #13 $882,519 $132,378 $176,504 $1,191,401
HMB #14 $819,810 $122,972 $163,962 $1,106,744
HMB #15 $706,118 $105,918 $141,224 $953,259
Subtotal Detention Basins $14,893,429 $2,234,014 $2,978,686 $20,106,129 Subtotal Remaining Construction $34,022,232 $5,103,335 $6,804,446 $45,930,013 TOTAL STORM DRAINAGE COSTS [3] $34,022,232 $5,103,335 $6,804,446 $66,102,695 Source: MacKay & Somps.
[1] The Phase 1 and Phase 2 costs shown reflect the Phase 1 and Phase 2 SPIF Infrastructure Backbone Facility costs included in SPIF Infrastructure Fee Reimbursements that have not been converted to SPIF credit, SPIF Infrastructure Fee payments made as of July 1, 2025, plus SPIF True-Up amounts. See Table B-1 through Table B-19 for details. [2] In this SPIF Nexus Study FY 2023 Update, DB No. 4 is combined with HMB No. 15, HMB No. 7 is combined with HMB No. 6, and HMB No. 17 is combined with HMB No. 18. [3] The horizontal total does not sum because construction, engineering/plan check/inspection, and contingency costs are not provided for the remaining Phase 1 and Phase 2 Storm Drainage costs.

11/12/2025 Item No.11.

NOVEMBER 2025 SPIF INFRASTRUCTURE

FEE ADJUSTMENT

Economic & Planning Systems, Inc. 33 SPIF—Infrastructure Costs This November 2025 SPIF Adjustment updates this fee based on (1) escalated cost of the share of existing City facilities for which FPASP development is responsible for funding; (2) Water Treatment Plant Set-Aside fees collected to date; and (3) updated revenue projections for CFD No. 18. The remaining amount of reimbursement owed to the City for existing facilities is approximately $13.1 million. Approximately $2.2 million is to be reimbursed to the City through the SPIF Fee Program Reimbursement Agreement, and another $5.3 million is to be paid by CFD No. 18, leaving $3.5. million to be allocated to the remaining land uses through the Water Treatment Plan Set-Aside.

Habitat Mitigation Costs
The 2020 Nexus Study Update estimated remaining habitat mitigation costs by calculating the acreage of various habitat types that were projected to be impacted by SPIF Infrastructure construction and multiplying these acres by current estimates of per-acre mitigation costs for each habitat type. Recognizing that the remaining SPIF infrastructure will be constructed over an extended period of time and that habitat mitigation costs over this time period are difficult to predict, EPS estimated remaining habitat mitigation costs in the following manner.

First, the remaining habitat mitigation costs from the 2020 Nexus Study Update were escalated to current year dollars (2025$). EPS then subtracted the total habitat mitigation costs incurred by constructing owners during Phase 2, as documented by Phase 2 Reimbursement Agreements. The resulting figure, shown in Table 15 and 16, is then allocated to the remaining land uses.

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Economic & Planning Systems, Inc. 34 SPIF—Infrastructure Costs Table 15. Estimated Habitat Mitigation Costs

Table 16. Habitat Costs Calculation

Remaining Remaining Remaining
Phase 1 Phase 2 Phase 3
Item Costs [1] Costs [1] Costs [2] Total
Total Habitat Costs $218,143 $1,763,329 $5,291,514 $7,272,986 Source: ECORP Consulting, Inc.; City of Folsom; EPS.
[1] The Phase 1 and Phase 2 costs shown reflect the Phase 1 and Phase 2 SPIF Habitat Mitigation costs included in SPIF Infrastructure Fee Reimbursements that have not been converted to SPIF credit, SPIF Infrastructure Fee payments made as of July 1, 2025, plus SPIF True-Up amounts. See Table B-1 through Table B-19 for details. [2] See Table 16 for further detail on remaining costs. 2020 Nexus
Study Remaining
Costs (2020$)
Remaining
Costs
(2023/24$)
Factor
Escalated
Amount
Toll Brothers
Folsom Ranch
Russell Ranch
Phase 2
Eagle Parcel
85A
Eagle Parcel
61+77 Total
$5,793,310 21.80% $7,056,252 $93,119 $406,203 $710,794 $554,622 $1,764,738 $5,291,514 Source: 2019-2020 SPIF Nexus Study; MacKay and Somps; EPS.

Escalation to 2024/25$
Phase 2 Reimbursement Agreement
Habitat Costs

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Economic & Planning Systems, Inc. 35 Infrastructure Cost Allocation

4. Infrastructure Cost Allocation
As described in Chapter 3, SPIF—Infrastructure Costs, the cost estimates for Backbone infrastructure include the design and construction costs for the following types of facilities:
• Roadways.
• Dry Utilities.
• On-Site Potable Water System.
• Off-Site Potable Water System.
• Recycled Water System.
• Sanitary Sewer System.
• Storm Drainage System.
• Habitat Mitigation (for Backbone Infrastructure).

The methodology for determining how these costs are allocated to each type of land use in the FPASP are described in detail in the 2020 Nexus Study Update and summarized below:

1. Determine the total amount of land uses that will benefit from the infrastructure improvements (discussed in Chapter 2).

2. Determine the cost of infrastructure needed to serve new development (identified by the Specific Plan Document, City, and discussed in this Chapter 4).

3. Determine the net cost of infrastructure to be funded by the SPIF after accounting for other funding sources (calculated in this Chapter 4).

4. Determine the proportionate impact and the appropriate share of costs attributable to each land use:
a. Determine the appropriate factor to allocate the cost of required infrastructure improvements by improvement type (presented in this Chapter 4). b. Apply the appropriate allocation factor to the anticipated land uses to determine the total number of equivalent dwelling units (EDUs) (see Tables 17 through 24). c. Determine the percentage of total EDUs by land use category (Tables 17 through 24).
d. Multiply the percentage of EDUs by land use category by the total infrastructure cost by improvement type (Tables 17 through 24).

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Economic & Planning Systems, Inc. 36 Infrastructure Cost Allocation e. Divide the allocated cost by land use type by the number of units by land use type to determine the justifiable fee per unit (for residential) or by building square feet to determine the justifiable fee per building square feet (for nonresidential).

As described above, the cost allocation factors used in this November 2025 SPIF Adjustment are unchanged from the 2020 Nexus Study Update with the exception of storm drainage cost allocation factors. Because residential densities increased significantly in the City’s Specific Plan update, EPS and MacKay & Somps updated the residential impervious surface area factors for residential development to be reflect the increased residential densities.

11/12/2025 Item No.11.

NOVEMBER 2025 SPIF INFRASTRUCTURE

FEE ADJUSTMENT

Economic & Planning Systems, Inc. 37 Infrastructure Cost Allocation Table 17. Infrastructure Cost Allocation: Roadways Costs

PM Peak PM Peak
Trips per Hour Trips Avg. Trip New Vehicle Cost per
Developable Units or Unit or 1,000 per Acre Length Trips Mile Trips EDU Total Percentage Cost Unit or Land Use Category ITE Code Acres Bldg. Sq. Ft. Bldg. Sq. Ft. (Nonres Only) (Miles) (Percentage) (VMT) Factor EDUs Allocation Distribution Bldg. Sq. Ft.

Formula A B C D E F G=C*E*F H=G/SFHD G I=B*G J=I/Total I K=J*Total K K/B Residential units per unit per unit per unit per unit per unit Single-Family (SF) 287.7 1,059 1.10 - 5.0 100% 5.50 1.10 1,165 11.93% $18,706,456 $17,664 Single-Family High Density (SFHD) 217.3 1,219 1.00 - 5.0 100% 5.00 1.00 1,219 12.49% $19,575,217 $16,058 Multifamily Low Density (MLD) 148.8 1,418 0.90 - 5.0 100% 4.50 0.90 1,276 13.07% $20,493,758 $14,453 Multifamily Medium Density (MMD) 55.9 974 0.80 - 5.0 100% 4.00 0.80 779 7.98% $12,512,723 $12,847 Multifamily High Density (MHD) 71.0 2,008 0.75 - 5.0 100% 3.75 0.75 1,506 15.43% $24,183,984 $12,044 Mixed Use (MU) - Residential 22.8 1,117 0.70 - 5.0 100% 3.50 0.70 782 8.01% $12,556,080 $11,241 Subtotal Residential 803.4 7,795 6,727 68.90% $108,028,217 Formula A B C D=C*(B/A)/1000 E F G=D*E*F H=G/SFHD G I=A*H J=I/Total I K=J*Total K K/B Nonresidential bldg. sq. ft. per 1,000 SF per acre per acre per acre per acre per bldg. sq. ft.

Mixed Use (MU) - Commercial 820 Shopping Center 15.2 254,204 3.71 62.05 2.75 66% 112.61 22.52 342 3.51% $5,497,507 $21.63 Industrial/Office Park (IND/OP) 750 Office Park 92.9 1,216,631 1.48 19.39 4.25 90% 74.15 14.83 1,377 14.11% $22,119,989 $18.18 General Commercial (GC) 820 Shopping Center 42.5 461,735 3.71 40.33 3.25 66% 86.50 17.30 735 7.53% $11,801,219 $25.56 Community Commercial (CC) 820 Shopping Center 11.4 92,565 3.71 30.18 3.25 66% 64.75 12.95 147 1.51% $2,365,816 $25.56 Regional Commercial (RC) 826 Specialty Retail Store 23.4 373,248 2.71 43.23 3.25 66% 92.72 18.54 434 4.44% $6,968,302 $18.67 Subtotal Nonresidential 185.3 2,398,383 3,036 31.10% $48,752,832 Total Plan Area 988.8 9,763 100.00% $156,781,049
Source: MacKay & Somps; City of Folsom; ITE Vehicle Trip Generation Rates - 9th Edition; EPS.

Land Uses

11/12/2025 Item No.11.

NOVEMBER 2025 SPIF INFRASTRUCTURE

FEE ADJUSTMENT

Economic & Planning Systems, Inc. 38 Infrastructure Cost Allocation Table 18. Infrastructure Cost Allocation: Dry Utilities

Land Use
Developable
Acres
Units/
Sq. Ft.

A-EDU
Factor
Total
A-EDUs
Distribution
of A-EDUs
Assigned
Cost-A
B-EDU
Factor
Total
B-EDUs
Distribution
of B-EDUs
Assigned
Cost-B
per
Acre
per Unit/
Sq. Ft.

Formula A B C D=C*A E=D/Total Acres F=Total Cost*E G H=G*B or G*A I=H/Subtotal H J=Subtotal F*I K=J/A L=J/B Residential units per acre per unit per unit
Single-Family (SF) 287.7 1,059 1.00 288 29.1% $10,288,211 1.00 1,059 16.5% $4,742,284 $16,483 $4,478 Single-Family High Density (SFHD) 217.3 1,219 1.00 217 22.0% $7,770,082 1.00 1,219 19.0% $5,458,776 $25,122 $4,478 Multifamily Low Density (MLD) 148.8 1,418 1.00 149 15.0% $5,319,530 0.75 1,064 16.6% $4,762,435 $32,014 $3,359 Multifamily Medium Density (MMD) 55.9 974 1.00 56 5.7% $1,997,853 0.75 731 11.4% $3,271,235 $58,551 $3,359 Multifamily High Density (MHD) 71.0 2,008 1.00 71 7.2% $2,539,244 0.75 1,506 23.5% $6,743,984 $94,972 $3,359 Mixed Use (MU) - Residential 22.8 1,117 1.00 23 2.3% $815,304 0.75 838 13.1% $3,751,509 $164,540 $3,359 Subtotal 803.4 7,795 803 81.3% $28,730,224 6,416 100.0% $28,730,224 Nonresidential sq. ft. per acre per acre per sq. ft.

Mixed Use (MU) - Commercial 15.2 254,204 1.00 15 1.5% $543,536 1.00 15 8.2% $543,536 $35,759 $2.14 Industrial/Office Park (IND/OP) 92.9 1,216,631 1.00 93 9.4% $3,321,481 1.00 93 50.1% $3,321,481 $35,759 $2.73 General Commercial (GC) 42.5 461,735 1.00 42 4.3% $1,519,041 1.00 42 22.9% $1,519,041 $35,759 $3.29 Community Commercial (CC) 11.4 92,565 1.00 11 1.2% $406,838 1.00 11 6.1% $406,838 $35,759 $4.40 Regional Commercial (RC) 23.4 373,248 1.00 23 2.4% $836,760 1.00 23 12.6% $836,760 $35,759 $2.24 Subtotal 185.3 2,398,383 185 18.7% $6,627,655 185 100.0% $6,627,655 Total Project 988.8 989 100.0% $35,357,879 $35,357,879
Source: MacKay & Somps; EPS
Land Uses Cost Allocation Basis Dry Utilities Cost Allocation

11/12/2025 Item No.11.

NOVEMBER 2025 SPIF INFRASTRUCTURE

FEE ADJUSTMENT

Economic & Planning Systems, Inc. 39 Infrastructure Cost Allocation Table 19. Infrastructure Cost Allocation: On-Site Potable Water

Land Use
Dev.

Acres
Units/
Sq. Ft.

Water
Demand [1]
Total
Demand
Distribution
of Demand
Assigned
Cost
per
Acre
per Unit/
Sq. Ft.

Formula A B C D=C*A or B E=D/Total Demand F=Total Cost*E G=F/A H=F/B Residential units per unit per unit
Single-Family (SF) 245.3 925 0.59 546 24.5% $17,056,886 $69,531 $18,440 Single-Family High Density (SFHD) 162.2 946 0.37 350 15.7% $10,939,535 $67,432 $11,564 Multifamily Low Density (MLD) 133.8 1,295 0.23 298 13.4% $9,309,013 $69,551 $7,188 Multifamily Medium Density (MMD) 55.9 974 0.19 185 8.3% $5,783,871 $103,524 $5,938 Multifamily High Density (MHD) 71.0 2,008 0.18 361 16.2% $11,296,456 $159,083 $5,626 Mixed Use (MU) - Residential 22.8 1,117 0.16 179 8.0% $5,585,720 $244,988 $5,001 Subtotal 691.1 7,265 1,919 86.2% $59,971,481
Nonresidential sq. ft. per acre per sq. ft.

Mixed Use (MU) - Commercial 15.2 254,204 1.64 25 1.1% $779,100 $51,257 $3.06 Industrial/Office Park (IND/OP) 92.9 1,216,631 1.97 183 8.2% $5,718,986 $61,570 $4.70 General Commercial (GC) 30.9 336,062 1.54 48 2.1% $1,489,169 $48,131 $4.43 Community Commercial (CC) 11.4 92,565 1.54 18 0.8% $547,600 $48,131 $5.92 Regional Commercial (RC) 23.4 373,248 1.46 34 1.5% $1,067,763 $45,631 $2.86 Subtotal 173.8 2,272,710 307 13.8% $9,602,618
Total Project 864.9 2,226 100.0% $69,574,099
Source: Folsom Specific Plan Area Water Supply Assessment (June 2010), MacKay & Somps, EPS [1] Residential: acre feet/dwelling unit/year; nonresidential: acre feet/acre/year Land Uses
Excluding Folsom
Heights Cost Allocation Basis Water Cost Allocation

11/12/2025 Item No.11.

NOVEMBER 2025 SPIF INFRASTRUCTURE

FEE ADJUSTMENT

Economic & Planning Systems, Inc. 40 Infrastructure Cost Allocation Table 20. Infrastructure Cost Allocation: Off-Site Potable Water

Land Use
Dev.

Acres
Units/
Sq. Ft.

Water
Demand [1]
Total
Demand
Distribution
of Demand
Assigned
Cost
per
Acre
per Unit/
Sq. Ft.

Formula A B C D=C*A or B E=D/Total Demand F=Total Cost*E G=F/A H=F/B Residential units per unit per unit
Single-Family (SF) 245.3 925 0.59 546 24.5% $1,907,044 $7,774 $2,062 Single-Family High Density (SFHD) 162.2 946 0.37 350 15.7% $1,223,094 $7,539 $1,293 Multifamily Low Density (MLD) 133.8 1,295 0.23 298 13.4% $1,040,794 $7,776 $804 Multifamily Medium Density (MMD) 55.9 974 0.19 185 8.3% $646,665 $11,574 $664 Multifamily High Density (MHD) 71.0 2,008 0.18 361 16.2% $1,263,000 $17,786 $629 Mixed Use (MU) - Residential 22.8 1,117 0.16 179 8.0% $624,511 $27,391 $559 Subtotal 691.1 7,265 1,919 86.2% $6,705,108
Nonresidential sq. ft. per acre per sq. ft.

Mixed Use (MU) - Commercial 15.2 254,204 1.64 25 1.1% $87,107 $5,731 $0.34 Industrial/Office Park (IND/OP) 92.9 1,216,631 1.97 183 8.2% $639,411 $6,884 $0.53 General Commercial (GC) 30.9 336,062 1.54 48 2.1% $166,496 $5,381 $0.50 Community Commercial (CC) 11.4 92,565 1.54 18 0.8% $61,224 $5,381 $0.66 Regional Commercial (RC) 23.4 373,248 1.46 34 1.5% $119,381 $5,102 $0.32 Subtotal 173.8 2,272,710 307 13.8% $1,073,620
Total Project [2] 864.9 2,226 100.0% $7,778,728
Source: Folsom Specific Plan Area Water Supply Assessment (June 2010), MacKay & Somps, EPS [1] Residential: acre feet/dwelling unit/year; nonresidential: acre feet/acre/year Land Uses
Excluding Folsom
Heights Cost Allocation Basis Water Cost Allocation
[2] Total cost allocated to remaining development is the sum of the remaining Off-Site Water Treatment Plan Set-Aside shown in Table 10 and the escalated value of the City's reimbursement agreement shown in Appendix C.

11/12/2025 Item No.11.

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Economic & Planning Systems, Inc. 41 Infrastructure Cost Allocation Table 21. Infrastructure Cost Allocation: Recycled Water

Land Use
Dev.

Acres
Units/
Sq. Ft.

Water
Demand [1]
Total
Demand
Distribution
of Demand
Assigned
Cost
per
Acre
per Unit/
Sq. Ft.

Formula A B C D=C*A or B E=D/Total Demand F=Total Cost*E G=F/A H=F/B Residential units per unit per unit
Single-Family (SF) 245.3 925 0.59 546 24.5% $5,613,999 $22,885 $6,069 Single-Family High Density (SFHD) 162.2 946 0.37 350 15.7% $3,600,572 $22,194 $3,806 Multifamily Low Density (MLD) 133.8 1,295 0.23 298 13.4% $3,063,911 $22,892 $2,366 Multifamily Medium Density (MMD) 55.9 974 0.19 185 8.3% $1,903,668 $34,073 $1,954 Multifamily High Density (MHD) 71.0 2,008 0.18 361 16.2% $3,718,046 $52,359 $1,852 Mixed Use (MU) - Residential 22.8 1,117 0.16 179 8.0% $1,838,450 $80,634 $1,646 Subtotal 691.1 7,265 1,919 86.2% $19,738,645
Nonresidential sq. ft. per acre per sq. ft.

Mixed Use (MU) - Commercial 15.2 254,204 1.64 25 1.1% $256,428 $16,870 $1.01 Industrial/Office Park (IND/OP) 92.9 1,216,631 1.97 183 8.2% $1,882,312 $20,265 $1.55 General Commercial (GC) 30.9 336,062 1.54 48 2.1% $490,136 $15,842 $1.46 Community Commercial (CC) 11.4 92,565 1.54 18 0.8% $180,234 $15,842 $1.95 Regional Commercial (RC) 23.4 373,248 1.46 34 1.5% $351,437 $15,019 $0.94 Subtotal 173.8 2,272,710 307 13.8% $3,160,547
Total Project 864.9 2,226 100.0% $22,899,192
Source: Folsom Specific Plan Area Water Supply Assessment (June 2010), MacKay & Somps, EPS [1] Residential: acre feet/dwelling unit/year; nonresidential: acre feet/acre/year Land Uses
Excluding Folsom
Heights Cost Allocation Basis Water Cost Allocation

11/12/2025 Item No.11.

NOVEMBER 2025 SPIF INFRASTRUCTURE

FEE ADJUSTMENT

Economic & Planning Systems, Inc. 42 Infrastructure Cost Allocation Table 22. Infrastructure Cost Allocation: Sewer

Land Use
Dev.

Acres
Units/
Sq. Ft.

ESDs per
Unit/
1k Sq. Ft. [1]
Total
EDUs
Distribution
of EDUs
Assigned
Cost
per
Acre
per Unit/
Sq. Ft.

Formula A B C D=B*C or E=D/Total EDUs F=Total Cost*E G=F/A H=F/B D=B/1,000*C
Residential units per unit per unit
Single-Family (SF) 245.3 925 1.00 925 14.8% $2,379,858 $9,701 $2,573 Single-Family High Density (SFHD) 162.2 946 1.00 946 15.1% $2,433,887 $15,003 $2,573 Multifamily Low Density (MLD) 133.8 1,295 0.75 971 15.5% $2,498,851 $18,670 $1,930 Multifamily Medium Density (MMD) 55.9 974 0.75 731 11.7% $1,879,445 $33,640 $1,930 Multifamily High Density (MHD) 71.0 2,008 0.75 1,506 24.0% $3,874,666 $54,565 $1,930 Mixed Use (MU) - Residential 22.8 1,117 0.75 838 13.4% $2,155,380 $94,534 $1,930 Subtotal 691.1 7,265 5,917 94.4% $15,222,087
Nonresidential sq. ft. per 1k sq. ft. per sq. ft.

Mixed Use (MU) - Commercial 15.2 254,204 0.10 25 0.4% $65,402 $4,303 $0.26 Industrial/Office Park (IND/OP) 92.9 1,216,631 0.20 243 3.9% $626,034 $6,740 $0.51 General Commercial (GC) 30.9 336,062 0.10 34 0.5% $86,463 $2,795 $0.26 Community Commercial (CC) 11.4 92,565 0.10 9 0.1% $23,815 $2,093 $0.26 Regional Commercial (RC) 23.4 373,248 0.10 37 0.6% $96,030 $4,104 $0.26 Subtotal 173.8 2,272,710 349 5.6% $897,745
Total Project 864.9 6,265 100.0% $16,119,832
Source: MacKay & Somps; SASD; EPS.
[1] Reflects Sacramento Area Sewer District (SAS) ESD factors for monthly rates.

Land Uses
Excluding Folsom
Heights Cost Allocation Basis Sewer Cost Allocation

11/12/2025 Item No.11.

NOVEMBER 2025 SPIF INFRASTRUCTURE

FEE ADJUSTMENT

Economic & Planning Systems, Inc. 43 Infrastructure Cost Allocation Table 23. Infrastructure Cost Allocation: Storm Drainage

Land Use
Developable
Acres
Units/
Sq. Ft.

Impervious
Area per Acre
Total
EDUs
Distribution
of EDUs
Assigned
Cost
per
Acre
per Unit/
Sq. Ft.

Formula A B C D=C*A E=D/Total EDUs F=Total Cost*E G=F/A H=F/B Residential units per unit
Single-Family (SF) 287.7 1,059 0.25 72 14.1% $9,318,193 $32,387 $8,799 Single-Family High Density (SFHD) 217.3 1,219 0.35 76 14.9% $9,852,477 $45,342 $8,082 Multifamily Low Density (MLD) 148.8 1,418 0.55 82 16.0% $10,599,558 $71,252 $7,475 Multifamily Medium Density (MMD) 55.9 974 0.65 36 7.1% $4,704,666 $84,207 $4,830 Multifamily High Density (MHD) 71.0 2,008 0.80 57 11.1% $7,359,465 $103,640 $3,665 Mixed Use (MU) - Residential 22.8 1,117 0.90 21 4.0% $2,658,362 $116,595 $2,380 Subtotal 803.4 7,795 343 67.3% $44,492,721
Nonresidential sq. ft. per sq. ft.

Mixed Use (MU) - Commercial 15.2 254,204 0.90 14 2.7% $1,772,241 $116,595 $6.97 Industrial/Office Park (IND/OP) 92.9 1,216,631 0.90 84 16.4% $10,829,940 $116,595 $8.90 General Commercial (GC) 42.5 461,735 0.90 38 7.5% $4,952,948 $116,595 $10.73 Community Commercial (CC) 11.4 92,565 0.90 10 2.0% $1,326,525 $116,595 $14.33 Regional Commercial (RC) 23.4 373,248 0.90 21 4.1% $2,728,319 $116,595 $7.31 Subtotal 185.3 2,398,383 167 32.7% $21,609,974
Total Project 988.8 510 100.0% $66,102,695
Source: MacKay & Somps, EPS
Land Uses Cost Allocation Basis Drainage Cost Allocation

11/12/2025 Item No.11.

NOVEMBER 2025 SPIF INFRASTRUCTURE

FEE ADJUSTMENT

Economic & Planning Systems, Inc. 44 Infrastructure Cost Allocation Table 24. Infrastructure Cost Allocation: Habitat Mitigation

Land Use
Developable
Acres
Units/
Sq. Ft.

EDU
Factor
Total
EDUs
Distribution
of EDUs
Assigned
Cost
per
Acre
per Unit/
Sq. Ft.

Formula A B C D=C*A E=D/Total Acres F=Total Cost*E G=F/A H=F/B Residential units per acre per unit
Single-Family (SF) 287.7 1,059 1.00 288 29.1% $2,116,247 $7,355 $1,998 Single-Family High Density (SFHD) 217.3 1,219 1.00 217 22.0% $1,598,277 $7,355 $1,311 Multifamily Low Density (MLD) 148.8 1,418 1.00 149 15.0% $1,094,208 $7,355 $772 Multifamily Medium Density (MMD) 55.9 974 1.00 56 5.7% $410,951 $7,355 $422 Multifamily High Density (MHD) 71.0 2,008 1.00 71 7.2% $522,313 $7,355 $260 Mixed Use (MU) - Residential 22.8 1,117 1.00 23 2.3% $167,705 $7,355 $150 Subtotal 803.4 7,795 803 81.3% $5,909,702
Nonresidential sq. ft. per acre per sq. ft.

Mixed Use (MU) - Commercial 15.2 254,204 1.00 15 1.5% $111,803 $7,355 $0.44 Industrial/Office Park (IND/OP) 92.9 1,216,631 1.00 93 9.4% $683,216 $7,355 $0.56 General Commercial (GC) 42.5 461,735 1.00 42 4.3% $312,461 $7,355 $0.68 Community Commercial (CC) 11.4 92,565 1.00 11 1.2% $83,685 $7,355 $0.90 Regional Commercial (RC) 23.4 373,248 1.00 23 2.4% $172,118 $7,355 $0.46 Subtotal 185.3 2,398,383 185 18.7% $1,363,284
Total Project 988.8 989 100.0% $7,272,986
Source: ECORP Consulting, Inc.; MacKay & Somps; EPS
Land Uses Cost Allocation Basis Habitat Mitigation Cost Allocation

11/12/2025 Item No.11.

NOVEMBER 2025 SPIF INFRASTRUCTURE

FEE ADJUSTMENT

Economic & Planning Systems, Inc. 45 SPIF Program Adjustments and Implementation

5. SPIF Program Adjustments and
Implementation
Automatic Inflation Adjustments
As more specifically described in the SPIF Ordinance, the costs on which the SPIF is based shall be updated annually based on changes in actual cost experiences (using unit price and other cost data from completed projects) or using a construction cost index such as the Engineering News Record Construction Cost Index (CCI). In the event an index is used, in July of each calendar year, the City will adjust the SPIF—Infrastructure Fee Component by the average of the change in the San Francisco CCI and the change in the 20-city CCI as reported in the Engineering News Record for the 12-month period ending in May.

11/12/2025 Item No.11.

Appendices
Appendix A: Final Map Approvals
Appendix B: Prior Phase Summary Cost Adjustments
Appendix C: Reimbursement Agreement Balances
Appendix D: Roadways Construction Cost Estimates
Appendix E: Dry Utility Construction Cost Estimates
Appendix F: On-Site Potable Water Construction Cost
Estimates
Appendix G: Off-Site Potable Water Construction Cost
Estimates
Appendix H: Recycled Water Construction Cost Estimates
Appendix I:

Sanitary Sewer Construction Cost Estimates A
ppendix J:

Storm Drainage Construction Cost Estimates

11/12/2025 Item No.11.

Appendix A:

Final Map Approvals

11/12/2025 Item No.11.

Table A-1
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Final Map Approvals [1]
Total Lots
Item Lots Unit Type Lots Unit Type
Fiscal Year
Mangini Ranch Phase 1 Village 1 FM 108 SFHD - - 108
Mangini Ranch Phase 1 Village 9 FM 103 SFHD - - 103
Mangini Ranch Phase 1 Village 8 FM 78 SFHD - - 78
Mangini Ranch Phase 1 Village 2 FM 98 SFHD - - 98
Russell Ranch Phase 1 Village 6 FM 43 SFHD - - 43
Russell Ranch Phase 1 Village 1 FM 52 SF - - 52
Russell Ranch Phase 1 Village 7 FM 41 SFHD - - 41
Russell Ranch Phase 1 Village 2 FM 25 SF - - 25
Russell Ranch Phase 1 Village 3 FM 26 SF - - 26
Russell Ranch Phase 1 Village 8 FM 52 SFHD - - 52
Russell Ranch Phase 1 Village 5 FM 41 SF - - 41
Russell Ranch Phase 1 Village 4 FM 114 MLD - - 114
Carr Trust Final Map 28 SFHD - - 28
White Rock Springs Ranch Village 1 FM 93 SFHD - - 93
Mangini Ranch Phase 1 Village 5 FM 87 SFHD - - 87
White Rock Springs Ranch Villages 8 & 9 FM 86 SF - - 86 Mangini Ranch Phase 1 Village 6 FM 116 SFHD - - 116
Mangini Ranch Phase 1 Village 7 FM 108 SFHD - - 108
White Rock Springs Ranch Villages 2 and 3 FM 29 SF 52 SFHD 81 White Rock Springs Ranch Villages 4, 5, 6 and 7 FM 21 SF 114 SFHD 135 Mangini Ranch Phase 2 Village 7 FM 68 SF - - 68
Enclave at Folsom Ranch FM 111 MLD - - 111
Mangini Ranch Phase 1 Village 4 FM 86 SFHD - - 86
Mangini Ranch Phase 2 Village 4 FM 73 SFHD - - 73
Mangini Ranch Phase 2 Village 8 FM 36 MLD - - 36
Creekstone Phase 1 FM 71 MLD - - 71
Rockcress at Folsom Ranch FM 118 MLD - - 118
Mangini Ranch Phase 1 Village 3 FM 49 SFHD - - 49
Toll Brothers at Folsom Ranch Phase 1B and 1C FM 180 SFHD 18 MLD 198 Russell Ranch Phase 3A FM 103 SFHD 139 SF 242
Mangini Ranch Phase 2 Village 2 FM 74 SFHD - - 74
Mangini Ranch Phase 2 Village 1 FM 88 SFHD - - 88
Russell Ranch Phase 3B FM 110 SFHD - - 110
Mangini Ranch Phase 1C Village 1 FM 100 MLD - - 100
Mangini Ranch Phase 1C Village 2 FM 41 MLD - - 41
Mangini Ranch Phase 1C North Village 3 FM 35 MLD - - 35 Toll Brothers at Folsom Ranch Phase 1D FM 55 SFHD 43 MLD 98 Mangini Ranch Phase 2 Village 3 FM 53 SFHD - - 53
Mangini Ranch Phase 1C South Village 4 115 MLD - - 115
Toll Brothers at Folsom Ranch Phase 1E 116 SFHD 31 MLD 147 Mangini Ranch Phase 3 Village 1 102 SFHD - - 102
Mangini Ranch Phase 3 Villages 2 & 3 116 SFHD - - 116
Manigini Ranch Phase 3 Village 4 42 MLD - - 42
Russell Ranch Phase 2 Villages 1, 2 and 4 208 SFHD - - 208 Russell Ranch Phase 2 Village 3 63 SFHD - - 63
Mangini Ranch Phase 2 Village 5 & 6 153 SFHD - - 153
Broadstone Estates Small Lot Map 81 SF - - 81
Toll Brothers at Folsom Ranch Phase 1F 100 SFHD - - 100 Toll Brothers at Folsom Ranch Phase 3A 135 SFHD - - 135 Source: City of Folsom; Mackay and Somps; EPS.
[1] Does not include building permits issued for 152 MHD units for St. Anton.

Unit Type 2Unit Type 1
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11/12/2025 Item No.11.

Appendix B:

Prior Phase Summary Cost Adjustments
Table B-1 Summary of Phase 1 Remaining SPIF Infrastructure Costs ............................................. B-1 Table B-2 TNHC Only/Lennar Phase 1 Backbone Facilities Reimbursement Analysis .................................................................................................................................................. B-2 Table B-3 East Carpenter Improvement Company, LLC (ECIC)/Enclave at Folsom Ranch, LLC (Enclave) Backbone Facilities Reimbursement Analysis ................................................... B-3 Table B-4 Summary of Phase 2 Remaining SPIF Infrastructure Costs ............................................. B-4 Table B-5 Phase 2 Reimbursement Agreements Adjustments ........................................................... B-5 Table B-6 Eagle Parcel 61 & 77 Facilities Reimbursement Analysis ................................................. B-6 Table B-7 Eagle Parcel 61 & 77 Backbone Facilities Constructed (9 pages) ................................. B-7 Table B-8 Eagle Parcel 85 Facilities Reimbursement Analysis ......................................................... B-16 Table B-9 Eagle Parcel 85 Backbone Facilities Constructed (12 pages) ..................................... B-17 Table B-10 Toll Brothers at Folsom Ranch Backbone Facilities Reimbursement Analysis .... B-29 Table B-11 Toll Brothers at Folsom Ranch Backbone Facilities Constructed (7 pages) ................................................................................................................... B-30 Table B-12 CMB Phase 1E Backbone Facilities Reimbursement Analysis .................................... B-38 Table B-13 CMB Phase 1E Backbone Facilities Backbone Facilities Constructed ..................... B-39 Table B-14 Russell Ranch Phase 2 Backbone Facilities Reimbursement Analysis ..................... B-40 Table B-15 Russell Ranch Phase 2 Backbone Facilities Constructed (10 pages) ........................ B-41 Table B-16 Russell Ranch Phase 3 Backbone Facilities
Reimbursement Analysis ............................................................................................................. B-50 Table B-17 Russell Ranch Phase 3 Backbone Facilities
Constructed (3 pages) ................................................................................................................... B-51 Table B-18 Elliot Homes Backbone Facilities Reimbursement Analysis ........................................ B-54 Table B-19 Elliot Homes Backbone Facilities Reimbursement Analysis Detail (2 pages) .............................................................................................................. B-55

11/12/2025 Item No.11.

Table B-1
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Summary of Phase 1 Remaining SPIF Infrastructure Costs [1]

SPIF SPIF
TNHC ECIC/Enclave
Item Only Shared [2] Total
SPIF Facility Cost Estimate
Phase 1 Roadways
Rough Grading $3,072,654 $218,626 $3,291,280
Backbone Roadways $2,432,270 $451,591 $2,883,861
Railroad Crossings $229,586 $0 $229,586
City Fiber Optic & Traffic Control System $152,418 $189,888 $342,306 Signalized Intersections & Improvements $448,527 $343,765 $792,292 Open Space Vehicular Access Barrier $55,882 $2,620 $58,502 Off-Site Roadway Improvements $0 $0 $0
Subtotal Phase 1 Roadways $6,391,337 $1,206,490 $7,597,827 Dry Utility System $2,260,587 $859,019 $3,119,606
Potable Water System $8,729,187 $746,975 $9,476,162
Off-Site Water System (Set-Aside) $0 $0 $0
Recycled Water System $643,251 $279,461 $922,712
Sanitary Sewer System
Sewer Pipelines $967,590 $0 $967,590
Alder Creek Lift Station (Set-Aside) $0 $0 $0
Subtotal Sanitary Sewer System $967,590 $0 $967,590
Storm Drain System $3,048,815 $1,332,311 $4,381,126
Habitat Mitigation $218,143 $0 $218,143
Total Phase 1 Costs $22,258,910 $4,424,256 $26,683,166
Source: SPIF Nexus Study Fiscal Year 2017-2018 Update; MacKay & Somps; WestLand; TNHC; EPS. [1] Reflects the remaining balance of SPIF Infrastructure Fee Reimbursements for Phase 1 SPIF facilities less SPIF Infrastructure Fee payments paid through July 1, 2025, in Fiscal Year 2023-24 dollars.

See Table B-2 through Table B-4 for details.

Phase 1 Reimbursement Agreements (2023$) [1]
[2] Includes approximately $2.7 million in reimbursements that were transferred to UC Davis in September 2021 that have not been converted to fee credits as of August 2023.

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11/12/2025 Item No.11.

Table B-2
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment TNHC Only/Lennar Phase 1 Backbone Facilities Reimbursement Analysis Zone 5 Water
Tank and Zone 4 and Allocation
Russell Ranch Russell Ranch Zone 6 Zone 5 Water Enclave of Remaining Alder Creek Grand Prairie Booster Booster Backbone Habitat Percentage Reimburse.

Item Parkway Road Pump Station Pump Station Infrastructure Mitigation Total of Total Amount SPIF Infrastructure Fee Reimbursement
Initial Reimbursement Amount [1] - - - - - - $41,986,506 Remaining Reimbursement Amount [2] - - - - - - $22,258,908 Net Remaining Reimbursement Amount - - - - - - $22,258,908 SPIF Facility Cost Estimate [4]
Phase 1 Roadways
Rough Grading $4,667,845 $7,644 $1,035,637 $59,202 $58,176 $0 $5,828,504 13.8% $3,072,654 Backbone Roadways $4,482,660 $50,700 $0 $12,362 $68,040 $0 $4,613,762 10.9% $2,432,270 Railroad Crossings $234,000 $201,500 $0 $0 $0 $0 $435,500 1.0% $229,586 City Fiber Optic & Traffic Control System $260,520 $28,600 $0 $0 $0 $0 $289,120 0.7% $152,418 Signalized Intersections & Improvements $740,649 $0 $0 $0 $110,160 $0 $850,809 2.0% $448,527 Open Space Vehicular Access Barrier $91,260 $14,742 $0 $0 $0 $0 $106,002 0.3% $55,882 Off-Site Roadway Improvements $0 $0 $0 $0 $0 $0 $0 0.0% $0 Subtotal Phase 1 Roadways $10,476,934 $303,186 $1,035,637 $71,564 $236,376 $0 $12,123,697 28.7% $6,391,337 Dry Utility System $4,041,540 $0 $149,058 $97,500 $0 $0 $4,288,098 10.2% $2,260,587 Potable Water System $2,358,460 $1,015,300 $8,941,400 $4,243,200 $0 $0 $16,558,360 39.2% $8,729,187 Off-Site Water System $0 $0 $0 $0 $0 $0 $0 0.0% $0
Recycled Water System $917,280 $302,900 $0 $0 $0 $0 $1,220,180 2.9% $643,251 Sanitary Sewer System
Sewer Pipelines $1,835,418 $0 $0 $0 $0 $0 $1,835,418 4.3% $967,590 Alder Creek Lift Station $0 $0 $0 $0 $0 $0 $0 0.0% $0
Subtotal Sanitary Sewer System $1,835,418 $0 $0 $0 $0 $0 $1,835,418 4.3% $967,590 Storm Drain System $3,862,742 $1,920,542 $0 $0 $0 $0 $5,783,284 13.7% $3,048,815 Habitat Mitigation [5] $0 $0 $0 $0 $0 $413,795 $413,795 1.0% $218,143 Total Phase 1 Costs $23,492,374 $3,541,928 $10,126,095 $4,412,264 $236,376 $413,795 $42,222,832 100.0% $22,258,910 Source: SPIF Nexus Study FY 2017-2018 Update; MacKay & Somps; MIC; TNHC; EPS. [1] Based on Exhibit D of the TNHC Russell Ranch LLC (TNHC) SPIF Infrastructure Fee Program Fee Reimbursement Agreement. [2] Based on the reimbursement balances for TNHC as of July 15, 2020. TNHC's remaining SPIF Fee reimbursement amounts are detailed in Appendix C. [3] Reflects the allocation of SPIF Infrastructure Fee payments made as of July 1, 2025. [4] Unless otherwise noted, based on the Phase 1 SPIF Infrastructure cost estimates from the SPIF Nexus Study FY 2017-2018 Update, as detailed below.

Russell Ranch Alder Creek Parkway: See Table A-1.

Russell Ranch Grand Prairie Road: See Table A-2.

Zone 5 Water Tank and Zone 6 Booster Pump Station: See Table A-8.

Zone 4 and Zone 5 Water Booster Pump Station: See Table A-9.

Enclave Backbone Infrastructure: See Table A-10.
[5] Reflects the habitat mitigation amount reflected in tables supporting the Exhibit D of the MIC Phase 1 Backbone Facilities SPIF Reimbursement Agreement.

Phase 1 Construction Plan
TNHC Russell Ranch LLC/Lennar
Reimbursement Analysis
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11/12/2025 Item No.11.

Table B-3
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment East Carpenter Improvement Company, LLC (ECIC)/Enclave at Folsom Ranch, LLC (Enclave) Backbone Facilities Reimbursement Analysis Allocation
Alder Hydromod. of Remaining
Creek East Westwood Basin Percentage Reimburse.

Item Parkway Bidwell Drive No. 19 Total of Total Amount SPIF Infrastructure Fee Reimbursement
Initial Reimbursement Amount [1] - - - - $10,456,880
Remaining Reimbursement Amount [2] - - - - $4,424,254
Less SPIF Infrastructure Fee Payments - - - - -
Net Remaining Reimbursement Amount - - - - $4,424,254
SPIF Facility Cost Estimate
Phase 1 Roadways
Rough Grading $295,168 $0 $221,561 $0 $516,729 4.9% $218,626 Backbone Roadways $647,855 $218,039 $201,457 $0 $1,067,351 10.2% $451,591 Railroad Crossings $0 $0 $0 $0 $0 0.0% $0
City Fiber Optic & Traffic Control System $232,350 $164,234 $52,222 $0 $448,806 4.3% $189,888 Signalized Intersections & Improvements $634,400 $178,101 $0 $0 $812,501 7.8% $343,765 Open Space Vehicular Access Barrier $0 $6,192 $0 $0 $6,192 0.1% $2,620 Off-Site Roadway Improvements $0 $0 $0 $0 $0 0.0% $0
Subtotal Phase 1 Roadways $1,809,773 $566,566 $475,240 $0 $2,851,579 27.3% $1,206,490 Dry Utility System $1,052,886 $740,793 $236,642 $0 $2,030,321 19.4% $859,019 Potable Water System $464,700 $1,082,419 $218,383 $0 $1,765,502 16.9% $746,975 Off-Site Water System $0 $0 $0 $0 $0 0.0% $0
Recycled Water System $211,365 $297,232 $151,918 $0 $660,515 6.3% $279,461 Sanitary Sewer System
Sewer Pipelines $0 $0 $0 $0 $0 0.0% $0
Alder Creek Lift Station $0 $0 $0 $0 $0 0.0% $0
Subtotal Sanitary Sewer System $0 $0 $0 $0 $0 0.0% $0
Storm Drain System $1,203,513 $1,009,625 $140,772 $795,054 $3,148,964 30.1% $1,332,311 Habitat Mitigation $0 $0 $0 $0 $0 0.0% $0
Total SPIF Facility Costs [3] $4,742,237 $3,696,635 $1,222,955 $795,054 $10,456,881 100.0% $4,424,254 Source: SPIF Nexus Study FY 2017-2018 Update; MacKay & Somps; MIC; TNHC; EPS. [1] Based on a cost-sharing agreement between ECIC and Enclave. Initial reimbursement amounts for each entity shown below.

ECIC - $5,799,132
Enclave - $4,657,748
[2] Based on the reimbursement balances for ECIC and Enclave as of July 1, 2025. Remaining reimbursement amounts for each entity is shown below and detailed in Appendix C.
[3] The Total SPIF Facility Costs may not equal the reimbursement amount due to rounding.

SPIF Facility Construction Plan
ECIC/Enclave
Reimbursement Analysis
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11/12/2025 Item No.11.

Table B-4
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Summary of Phase 2 Remaining SPIF Infrastructure Costs [1] Eagle Eagle Toll Bros. CMB Elliot Homes Russell Russell Parcels Parcel Folsom Ranch Ph. 1E Broadstone & Ranch Ranch Item 61 and 77 85A Phase 2 Zone 4 Tank Phase 2 Phase 3 Total SPIF Facility Cost Estimate [2]
Phase 2 Roadways
Rough Grading $6,812,868 $3,845,334 $1,370,666 $5,659 $0 $1,021,800 $0 $13,056,327 Backbone Roadways $7,288,325 $1,440,883 $1,719,080 $444,476 $394,718 $3,913,006 $287,521 $15,488,009 Railroad Crossings $0 $0 $0 $0 $222,206 $0 $0 $222,206
City Fiber Optic & Traffic Control System $65,793 $18,501 $54,212 $57,197 $0 $116,153 $0 $311,856 Signalized Intersections & Improvements $850,920 $1,224,615 $303,301 $510,492 $0 $1,089,674 $0 $3,979,002 Open Space Vehicular Access Barrier $0 $0 $7,151 $0 $0 $105,980 $0 $113,131 Off-Site Roadway Improvements $0 $0 $0 $0 $0 $0 $0 $0
Class 1 Trail $0 $0 $98,614 $0 $0 $0 $0 $98,614
Subtotal Phase 2 Roadways $15,017,906 $6,529,333 $3,553,024 $1,017,824 $616,924 $6,246,613 $287,521 $33,269,145 Dry Utility System $1,753,908 $843,457 $647,117 $0 $0 $1,394,745 $0 $4,639,227 Potable Water System $1,557,141 $1,433,949 $766,851 $0 $1,439,484 $847,731 $560,299 $6,605,455 Off-Site Water System (Set-Aside) $0 $0 $0 $0 $0 $0 $0 $0 Recycled Water System $1,397,172 $865,866 $449,298 $0 $0 $305,884 $0 $3,018,220 Sanitary Sewer System $3,012,109 $115,036 $85,649 $0 $0 $3,253,309 $386,610 $6,852,713 Storm Drain System $3,840,997 $3,534,715 $1,724,413 $634,653 $0 $5,942,773 $114,005 $15,791,556 Habitat Mitigation $617,809 $698,119 $27,671 $0 $0 $419,730 $0 $1,763,329 Total Phase 2 Costs $27,197,042 $14,020,475 $7,254,023 $1,652,477 $2,056,408 $18,410,785 $1,348,435 $71,939,645 Source: SPIF Nexus Study Fiscal Year 2017-2018 Update; MacKay & Somps; WestLand; TNHC; EPS. [2] Reflects the costs associated with facilities funded by the SPIF Set-Aside Fee. [3] This agreement carries a negative balance, as the landowner converted more reimbursements to fee credits than they incurred in SPIF-eligible construction costs. [1] Reflects the remaining balance of SPIF Infrastructure Fee Reimbursements for Phase 2 SPIF facilities less SPIF Infrastructure Fee payments paid through July 1, 2025, in Fiscal Year 2023- 2024 dollars.

Phase 2 Reimbursement Agreements (2023$) [1]
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11/12/2025 Item No.11.

Table B-5
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Phase 2 Reimbursement Agreements True-Up/ Make-Up Adjustments Russell Russell
Ranch Ranch
Item Phase 2 Phase 3
Initial Agreement Amount $17,817,463 $1,304,979
Agreement Year 23/24 23/24
CCI Escalation Factor (to adjust to 2025/26 $) 3.33% 3.33% CCI Escalated Agreement Amount $18,410,785 $1,348,435
[1] Reflects actual costs incurred by landowners for backbone improvements. [2] From reimbursement tracking logs for each outstanding reimbursement agreement as of July 2, 2023. See Appendix C.

Phase 2 Reimbursement
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11/12/2025 Item No.11.

Table B-6
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Eagle Parcel 61 & 77 Facilities Reimbursement Analysis
Alder Creek
Parkway Allocation
Alder East of Remaining
Creek Bidwell Percentage Reimburse.

Item Parkway Street Total of Total Amount
SPIF Infrastructure Fee Reimbursement
Initial Reimbursement Amount - - $15,922,750
Remaining Reimbursement Amount [1] - - $27,197,041
Less SPIF Infrastructure Fee Payments - - $0
Net Remaining Reimbursement Amount - - $27,197,041
SPIF Facility Cost Estimate [4]
Phase 1 Roadways
Rough Grading $6,009,379 $106,696 $6,116,075 25.1% $6,812,868 Backbone Roadways $6,205,724 $337,180 $6,542,904 26.8% $7,288,325 Railroad Crossings $0 $0 $0 0.0% $0
City Fiber Optic & Traffic Control System $59,064 $0 $59,064 0.2% $65,793 Signalized Intersections & Improvements $763,891 $0 $763,891 3.1% $850,920 Open Space Vehicular Access Barrier $0 $0 $0 0.0% $0
Off-Site Roadway Improvements $0 $0 $0 0.0% $0
Subtotal Phase 1 Roadways $13,038,058 $443,876 $13,481,934 55.2% $15,017,906 Dry Utility System $1,574,525 $0 $1,574,525 6.4% $1,753,908 Potable Water System $1,230,075 $167,808 $1,397,883 5.7% $1,557,141 Off-Site Water System $0 $0 $0 0.0% $0
Recycled Water System $1,254,275 $0 $1,254,275 5.1% $1,397,172 Sanitary Sewer System $2,704,043 $0 $2,704,043 11.1% $3,012,109 Storm Drain System $3,412,574 $35,581 $3,448,155 14.1% $3,840,997 Habitat Mitigation [5] $554,622 $0 $554,622 2.3% $617,809 Total Phase 2 Costs $23,768,172 $647,265 $24,415,437 100.0% $27,197,042 Source: SPIF Nexus Study FY 2019-2020 Update; MacKay & Somps; Eagle Commercial Properties; EPS. [1] Remaining reimbursement amount current as of July 1, 2025.

Eagle Parcel 61 & 77 Backbone Facilities
Reimbursement Analysis
Phase 2 Construction Plan
Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-6

11/12/2025 Item No.11.

Table B-7
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Eagle Parcel 61 & 77 Backbone Facilities Constructed
Construction Escalated SMUD
Make-Up SPIF Construction Contract
SPIF Improvement Costs Escalation Cost Cost [1] Soft Costs Contingency Total Assumption 0.00% 0% 15% 0%
Formula A B C = A+B D = C*50% E = C*20% F = C*10% G = C+D+E+F Backbone Roadway Rough Grading
Alder Creek Parkway
ACP 4-GD Clearing & Grubbing $32,860 $0 $32,860 $0 $4,929 $0 $37,789 ACP 4-GD Rough Grading Excavation $2,175,745 $0 $2,175,745 $0 $326,362 $0 $2,502,107 ACP 4-GD Finish Grading $66,750 $0 $66,750 $0 $10,012 $0 $76,762 ACP 4-GD Orange Silt Fencing $7,380 $0 $7,380 $0 $1,107 $0 $8,487 ACP 4-GD Orange Protective Fencing $12,833 $0 $12,833 $0 $1,925 $0 $14,758 ACP 4-GD Rock Lined Swale $99,300 $0 $99,300 $0 $14,895 $0 $114,195 ACP 4-GD Erosion Control CO#3 $48,760 $0 $48,760 $0 $7,314 $0 $56,074 ACP 4-GD Rock Slope Protection $129,210 $0 $129,210 $0 $19,382 $0 $148,592 ACP 4-GD Offhaul Spoil and Oversize Rock $19,170 $0 $19,170 $0 $2,876 $0 $22,046 ACP 4-GD Blasting $796,052 $0 $796,052 $0 $119,408 $0 $915,460 ACP 5-GD Clearing & Grubbing $36,580 $0 $36,580 $0 $5,487 $0 $42,067 ACP 5-GD Rough Grading Excavation $272,080 $0 $272,080 $0 $40,812 $0 $312,892 ACP 5-GD Finish Grading $74,306 $0 $74,306 $0 $11,146 $0 $85,452 ACP 5-GD Orange Silt Fencing $9,184 $0 $9,184 $0 $1,378 $0 $10,562 ACP 5-GD Orange Protective Fencing $13,038 $0 $13,038 $0 $1,956 $0 $14,994 ACP 5-GD 4" Canyon Drain $38,410 $0 $38,410 $0 $5,762 $0 $44,172 ACP 5-GD Rock Lined Swale $132,400 $0 $132,400 $0 $19,860 $0 $152,260 ACP 5-GD Erosion Control CO#3 $54,280 $0 $54,280 $0 $8,142 $0 $62,422 ACP 5-GD Offhaul Spoil and Oversize Rock $2,430 $0 $2,430 $0 $365 $0 $2,795 Construction Make-Up Costs (2023/24$)
Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-7Page 236
11/12/2025 Item No.11.

Table B-7
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Eagle Parcel 61 & 77 Backbone Facilities Constructed
Construction Escalated SMUD
Make-Up SPIF Construction Contract
SPIF Improvement Costs Escalation Cost Cost [1] Soft Costs Contingency Total Assumption 0.00% 0% 15% 0%
Formula A B C = A+B D = C*50% E = C*20% F = C*10% G = C+D+E+F Construction Make-Up Costs (2023/24$)
ACP 5-GD Blasting $100,908 $0 $100,908 $0 $15,136 $0 $116,044 ACP 6-GD Clearing & Grubbing $32,860 $0 $32,860 $0 $4,929 $0 $37,789 ACP 6-GD Rough Grading Excavation $573,695 $0 $573,695 $0 $86,054 $0 $659,749 ACP 6-GD Finish Grading $66,750 $0 $66,750 $0 $10,012 $0 $76,762 ACP 6-GD Orange Silt Fencing $984 $0 $984 $0 $148 $0 $1,132 ACP 6-GD Orange Protective Fencing $7,503 $0 $7,503 $0 $1,125 $0 $8,628 ACP 6-GD 8" Canyon Drain $24,837 $0 $24,837 $0 $3,726 $0 $28,562 ACP 6-GD Rock Lined Swale $115,850 $0 $115,850 $0 $17,378 $0 $133,228 ACP 6-GD Erosion Control CO#3 $48,760 $0 $48,760 $0 $7,314 $0 $56,074 ACP 6-GD Offhaul Spoil and Oversize Rock $4,860 $0 $4,860 $0 $729 $0 $5,589 ACP 6-GD Traffic Control $7,458 $0 $7,458 $0 $1,119 $0 $8,577 ACP 6-GD Blasting $201,816 $0 $201,816 $0 $30,272 $0 $232,088 CO#4 RFI#13 - SS/Canyon Drain Conflict $18,497 $0 $18,497 $0 $2,775 $0 $21,271 Subtotal Alder Creek Parkway $5,225,546 $0 $5,225,546 $0 $783,832 $0 $6,009,379 East Bidwell Street
EBS 4-GD Clearing & Grubbing $4,340 $0 $4,340 $0 $651 $0 $4,991 EBS 4-GD Finish Grading $8,816 $0 $8,816 $0 $1,322 $0 $10,138 EBS 4-GD Orange Protective Fencing $2,747 $0 $2,747 $0 $412 $0 $3,159 EBS 4-GD Rock Lined Swale $29,128 $0 $29,128 $0 $4,369 $0 $33,497 EBS 4-GD Erosion Control CO#3 $6,440 $0 $6,440 $0 $966 $0 $7,406 EBS 4-GD Traffic Control $7,458 $0 $7,458 $0 $1,119 $0 $8,577 EBS 3B-GD Clearing & Grubbing $1,860 $0 $1,860 $0 $279 $0 $2,139 EBS 3B-GD Rock Lined Swale $17,543 $0 $17,543 $0 $2,631 $0 $20,174 EBS 3B-GD Erosion Control CO#3 $2,760 $0 $2,760 $0 $414 $0 $3,174 EBS 3B-GD Finish Grading $3,778 $0 $3,778 $0 $567 $0 $4,345 EBS 3B-GD Orange Silt Fencing $451 $0 $451 $0 $68 $0 $519 EBS 3B-GD Traffic Control $7,458 $0 $7,458 $0 $1,119 $0 $8,577 Subtotal East Bidwell Street $92,779 $0 $92,779 $0 $13,917 $0 $106,696 Subtotal Backbone Roadway Rough Grading $5,318,325 $0 $5,318,325 $0 $797,749 $0 $6,116,075 Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-8Page 237
11/12/2025 Item No.11.

Table B-7
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Eagle Parcel 61 & 77 Backbone Facilities Constructed
Construction Escalated SMUD
Make-Up SPIF Construction Contract
SPIF Improvement Costs Escalation Cost Cost [1] Soft Costs Contingency Total Assumption 0.00% 0% 15% 0%
Formula A B C = A+B D = C*50% E = C*20% F = C*10% G = C+D+E+F Construction Make-Up Costs (2023/24$)
Backbone Roadways
Alder Creek Parkway
ACP 4-RD Subgrade Preparation (F) $28,305 $0 $28,305 $0 $4,246 $0 $32,551 ACP 4-RD Asphalt Concrete Type B (F) $96,465 $0 $96,465 $0 $14,470 $0 $110,935 ACP 4-RD Aggregate Base (Class 2) (F) $78,361 $0 $78,361 $0 $11,754 $0 $90,115 ACP 4-RD Timber Barricade (F) $12,760 $0 $12,760 $0 $1,914 $0 $14,674 ACP 4-RD 26.5' Pipe Gate $5,800 $0 $5,800 $0 $870 $0 $6,670 BR 2-SS Masonry Retaining Wall $604,950 $0 $604,950 $0 $90,743 $0 $695,693 BR 2-SS Sewer Pipeline Bridge (300'X12") (F) $3,043,800 $0 $3,043,800 $0 $456,570 $0 $3,500,370 ACP 5-RD Subgrade Preparation (F) $32,079 $0 $32,079 $0 $4,812 $0 $36,891 ACP 5-RD Asphalt Concrete Type B (F) $109,327 $0 $109,327 $0 $16,399 $0 $125,726 ACP 5-RD Aggregate Base (Class 2) (F) $88,809 $0 $88,809 $0 $13,321 $0 $102,130 CUL 4 60" Storm Drain, RCP CLIII (F) $195,776 $0 $195,776 $0 $29,366 $0 $225,142 CUL 4 60" Inlet/Outlet Structure (F) $81,000 $0 $81,000 $0 $12,150 $0 $93,150 ACP 6-RD Subgrade Preparation (F) $64,158 $0 $64,158 $0 $9,624 $0 $73,782 ACP 6-RD Asphalt Concrete Type B (F) $218,654 $0 $218,654 $0 $32,798 $0 $251,452 ACP 6-RD Aggregate Base (Class 2) (F) $177,618 $0 $177,618 $0 $26,643 $0 $204,260 ACP 6-RD Type 2 Vertical Curb and Gutter with AB (F) $92,160 $0 $92,160 $0 $13,824 $0 $105,984 ACP 6-RD Type 5 Median Curb With AB (F) $63,840 $0 $63,840 $0 $9,576 $0 $73,416 ACP 6-RD Sidewalk Curb Ramps (F) $5,000 $0 $5,000 $0 $750 $0 $5,750 ACP 6-RD Striping and Signs (F) $31,037 $0 $31,037 $0 $4,656 $0 $35,693 ACP 6-RD 4" Schedule 40 Sleeve (F) $13,790 $0 $13,790 $0 $2,069 $0 $15,859 ACP 6-RD 6" Schedule 40 Sleeve (F) $6,895 $0 $6,895 $0 $1,034 $0 $7,929 ACP 6-RD LED Street Light (F) $219,000 $0 $219,000 $0 $32,850 $0 $251,850 ACP 6-RD Street Light Service Point (F) $17,100 $0 $17,100 $0 $2,565 $0 $19,665 ACP 6-RD Complete Street Light - Delivered to City (F) $9,700 $0 $9,700 $0 $1,455 $0 $11,155 ACP 6-RD Timber Barricade (F) $10,440 $0 $10,440 $0 $1,566 $0 $12,006 ACP 6-RD Traffic Control $7,458 $0 $7,458 $0 $1,119 $0 $8,577 ACP 6-RD 26.5 Pipe Gate $5,800 $0 $5,800 $0 $870 $0 $6,670 CO#7 RFI#20 - Irrigation Sleeve Revisions $15,351 $0 $15,351 $0 $2,303 $0 $17,654 CO#7 RFI#20 - Irrigation Service Points $60,848 $0 $60,848 $0 $9,127 $0 $69,975 Subtotal Alder Creek Parkway $5,396,280 $0 $5,396,280 $0 $809,442 $0 $6,205,724 Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-9Page 238
11/12/2025 Item No.11.

Table B-7
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Eagle Parcel 61 & 77 Backbone Facilities Constructed
Construction Escalated SMUD
Make-Up SPIF Construction Contract
SPIF Improvement Costs Escalation Cost Cost [1] Soft Costs Contingency Total Assumption 0.00% 0% 15% 0%
Formula A B C = A+B D = C*50% E = C*20% F = C*10% G = C+D+E+F Construction Make-Up Costs (2023/24$)
East Bidwell Street
EBS 3B-RD Subgrade Preparation (F) $15,096 $0 $15,096 $0 $2,264 $0 $17,360 EBS 3B-RD Asphalt Concrete Type B (F) $51,448 $0 $51,448 $0 $7,717 $0 $59,165 EBS 3B-RD Aggregate Base (Class 2) (F) $41,792 $0 $41,792 $0 $6,269 $0 $48,061 EBS 3B-RD Type 2 Vertical Curb and Gutter with AB (F) $8,448 $0 $8,448 $0 $1,267 $0 $9,715 EBS 3B-RD Sidewalk Curb Ramps (F) $2,500 $0 $2,500 $0 $375 $0 $2,875 EBS 3B-RD Striping and Signs (F) $6,056 $0 $6,056 $0 $908 $0 $6,964 EBS 3B-RD LED Street Light (F) $43,800 $0 $43,800 $0 $6,570 $0 $50,370 EBS 3B-RD Timber Barricade (F) $7,540 $0 $7,540 $0 $1,131 $0 $8,671 EBS 3B-RD Traffic Control $7,458 $0 $7,458 $0 $1,119 $0 $8,577 EBS 4-RD Subgrade Preparation (F) $5,661 $0 $5,661 $0 $849 $0 $6,510 EBS 4-RD Asphalt Concrete Type B (F) $19,674 $0 $19,674 $0 $2,951 $0 $22,625 EBS 4-RD Aggregate Base (Class 2) (F) $15,672 $0 $15,672 $0 $2,351 $0 $18,023 EBS 4-RD Type 2 Vertical Curb and Gutter with AB (F) $9,984 $0 $9,984 $0 $1,498 $0 $11,482 EBS 4-RD Striping and Signs (F) $6,813 $0 $6,813 $0 $1,022 $0 $7,835 EBS 4-RD LED Street Light (F) $43,800 $0 $43,800 $0 $6,570 $0 $50,370 EBS 4-RD Traffic Control $7,458 $0 $7,458 $0 $1,119 $0 $8,577 Subtotal East Bidwell Street $293,200 $0 $293,200 $0 $43,980 $0 $337,180 Subtotal Backbone Roadways $5,689,481 $0 $5,689,481 $0 $853,422 $0 $6,542,904 City Fiber Optic & Traffic Control
Alder Creek Parkway
ACP 6-RD Fiber Optic Conduit, Pullwire and Boxes (F) $51,360 $0 $51,360 $0 $7,704 $0 $59,064 Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-10Page 239
11/12/2025 Item No.11.

Table B-7
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Eagle Parcel 61 & 77 Backbone Facilities Constructed
Construction Escalated SMUD
Make-Up SPIF Construction Contract
SPIF Improvement Costs Escalation Cost Cost [1] Soft Costs Contingency Total Assumption 0.00% 0% 15% 0%
Formula A B C = A+B D = C*50% E = C*20% F = C*10% G = C+D+E+F Construction Make-Up Costs (2023/24$)
Signalized Intersections & Improvements
Intersection No. 5: Alder Creek Parkway & East Bidwell Street ACP/EBS Subgrade Preparation (F) $33,966 $0 $33,966 $0 $5,095 $0 $39,061 ACP/EBS Asphalt Concrete Type B (F) $115,758 $0 $115,758 $0 $17,364 $0 $133,122 ACP/EBS Aggregate Base (Class 2) (F) $94,033 $0 $94,033 $0 $14,105 $0 $108,138 ACP/EBS Type 2 Vertical Curb and Gutter with AB (F) $59,904 $0 $59,904 $0 $8,986 $0 $68,890 ACP/EBS Type 5 Median Curb With AB (F) $21,280 $0 $21,280 $0 $3,192 $0 $24,472 ACP/EBS Sidewalk (F) $36,143 $0 $36,143 $0 $5,421 $0 $41,564 ACP/EBS Sidewalk Curb Ramps (F) $5,000 $0 $5,000 $0 $750 $0 $5,750 ACP/EBS Striping and Signs (F) $28,009 $0 $28,009 $0 $4,201 $0 $32,210 ACP/EBS 4" Schedule 40 Sleeve (F) $5,910 $0 $5,910 $0 $887 $0 $6,797 ACP/EBS 6" Schedule 40 Sleeve (F) $2,955 $0 $2,955 $0 $443 $0 $3,398 ACP/EBS LED Street Light (F) $175,200 $0 $175,200 $0 $26,280 $0 $201,480 Intersection No. 5: Alder Creek Parkway & East Bidwell Street ACP/DSC Subgrade Preparation (F) $9,435 $0 $9,435 $0 $1,415 $0 $10,850 ACP/DSC Asphalt Concrete Type B (F) $32,155 $0 $32,155 $0 $4,823 $0 $36,978 ACP/DSC Aggregate Base (Class 2) (F) $26,120 $0 $26,120 $0 $3,918 $0 $30,038 ACP/DSC Type 2 Vertical Curb and Gutter with AB (F) $9,600 $0 $9,600 $0 $1,440 $0 $11,040 ACP/DSC Sidewalk Curb Ramps (F) $5,000 $0 $5,000 $0 $750 $0 $5,750 ACP/DSC Striping and Signs (F) $3,785 $0 $3,785 $0 $568 $0 $4,353 Subtotal Signalized Intersections & Improvements $664,253 $0 $664,253 $0 $99,638 $0 $763,891 Dry Utilities
Alder Creek Parkway
ACP 6-DU Alder Creek Pkwy (Sta 466+70 to Sta 493+50) $1,275,803 $0 $1,275,803 $0 $191,370 $0 $1,467,173 ACP 6-DU Blasting for Joint Trench $78,120 $0 $78,120 $0 $11,718 $0 $89,838 CO#6 Joint Trench APCO $15,230 $0 $15,230 $0 $2,284 $0 $17,514 Subtotal Dry Utilities $1,369,152 $0 $1,369,152 $0 $205,373 $0 $1,574,525 Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-11Page 240
11/12/2025 Item No.11.

Table B-7
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Eagle Parcel 61 & 77 Backbone Facilities Constructed
Construction Escalated SMUD
Make-Up SPIF Construction Contract
SPIF Improvement Costs Escalation Cost Cost [1] Soft Costs Contingency Total Assumption 0.00% 0% 15% 0%
Formula A B C = A+B D = C*50% E = C*20% F = C*10% G = C+D+E+F Construction Make-Up Costs (2023/24$)
Potable Water
Alder Creek Parkway
ACP 6 - W 12" Water Main, PVC C900 (F) $48,480 $0 $48,480 $0 $7,272 $0 $55,752 ACP 6 - W 18" Water Main, DIP CL350 (F) $490,050 $0 $490,050 $0 $73,508 $0 $563,558 ACP 6 - W 18" DIP to C900 DR-14 CL305 PVC w/Bell Restraints (CO#2)$182,700 $0 $182,700 $0 $27,405 $0 $210,105 ACP 6 - W 12" Valve (F) $12,600 $0 $12,600 $0 $1,890 $0 $14,490 ACP 6 - W 18" Valve (F) $117,000 $0 $117,000 $0 $17,550 $0 $134,550 ACP 6 - W Fire Hydrant Assembly (6" Lead) (F) $78,000 $0 $78,000 $0 $11,700 $0 $89,700 ACP 6 - W Fire Hydrant Assembly (8" Lead) (F) $112,500 $0 $112,500 $0 $16,875 $0 $129,375 ACP 6 - W 4" Blow-Off Valve & Box (F) $5,200 $0 $5,200 $0 $780 $0 $5,980 ACP 6 - W 2" Air and Vacuum Release Valve (F) $13,100 $0 $13,100 $0 $1,965 $0 $15,065 ACP 6 - W Connection to Existing Water Main (F) $10,000 $0 $10,000 $0 $1,500 $0 $11,500 Subtotal Alder Creek Parkway $1,069,630 $0 $1,069,630 $0 $160,445 $0 $1,230,075 East Bidwell Street
EBS 4-W 12" Water Main, PVC C900 (F) 133,320 $0 $133,320 $0 $19,998 $0 $153,318 EBS 4-W 12" Valve (F) $12,600 $0 $12,600 $0 $1,890 $0 $14,490 Subtotal East Bidwell Street $145,920 $0 $145,920 $0 $21,888 $0 $167,808 Subtotal Potable Water $1,215,550 $0 $1,215,550 $0 $182,333 $0 $1,397,883 Non-Potable Water
Alder Creek Parkway
ACP 6 -NP 12" Non-Potable Water Main, PVC C900 (F) $377,880 $0 $377,880 $0 $56,682 $0 $434,562 ACP 6 -NP 16" Non-Potable Water Main, DIP CL350 (F) $380,160 $0 $380,160 $0 $57,024 $0 $437,184 ACP 6 -NP 12" Valve (F) $53,600 $0 $53,600 $0 $8,040 $0 $61,640 ACP 6 -NP 16" Valve (F) $29,400 $0 $29,400 $0 $4,410 $0 $33,810 ACP 6 -NP 4" Blow-Off Valve & Box (F) $20,800 $0 $20,800 $0 $3,120 $0 $23,920 ACP 6 -NP 2" Air and Vacuum Release Valve (F) $13,400 $0 $13,400 $0 $2,010 $0 $15,410 ACP 6 -NP Connection to Exist Non-Potable Water Main (F) $18,200 $0 $18,200 $0 $2,730 $0 $20,930 CO#5 16" CL305 Valves and Fittings $23,983 $0 $23,983 $0 $3,597 $0 $27,581 ACP 6 -NP CO 2-16"NP C900 DR14 CL305 RJ CertaLok PVC $173,250 $0 $173,250 $0 $25,988 $0 $199,238 Subtotal Non-Potable Water $1,090,673 $0 $1,090,673 $0 $163,601 $0 $1,254,275 Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-12Page 241
11/12/2025 Item No.11.

Table B-7
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Eagle Parcel 61 & 77 Backbone Facilities Constructed
Construction Escalated SMUD
Make-Up SPIF Construction Contract
SPIF Improvement Costs Escalation Cost Cost [1] Soft Costs Contingency Total Assumption 0.00% 0% 15% 0%
Formula A B C = A+B D = C*50% E = C*20% F = C*10% G = C+D+E+F Construction Make-Up Costs (2023/24$)
Sanitary Sewer System
Sewer Pipelines - Alder Creek Parkway
ACP 4-SS 10" Sanitary Sewer, PVC SDR 26(F) $22,900 $0 $22,900 $0 $3,435 $0 $26,335 ACP 4-SS 15" Sanitary Sewer, PVC SDR 26(F) $615,330 $0 $615,330 $0 $92,300 $0 $707,630 ACP 4-SS 48" Standard Sanitary Sewer Manhole (F) $127,800 $0 $127,800 $0 $19,170 $0 $146,970 ACP 4-SS 60" Standard Sanitary Sewer Manhole (F) $35,100 $0 $35,100 $0 $5,265 $0 $40,365 ACP 4-SS Connect to Existing Sewer Main (F) $5,800 $0 $5,800 $0 $870 $0 $6,670 ACP 5-SS 10" Sanitary Sewer, PVC SDR 26(F) $45,800 $0 $45,800 $0 $6,870 $0 $52,670 ACP 5-SS 12" Sanitary Sewer, PVC SDR 26(F) $646,162 $0 $646,162 $0 $96,924 $0 $743,086 ACP 5-SS 48" Standard Sanitary Sewer Manhole (F) $63,900 $0 $63,900 $0 $9,585 $0 $73,485 ACP 5-SS 60" Standard Sanitary Sewer Manhole (F) $175,500 $0 $175,500 $0 $26,325 $0 $201,825 ACP 6-SS 8" Sanitary Sewer, PVC SDR 26(F) $45,415 $0 $45,415 $0 $6,812 $0 $52,227 ACP 6-SS 10" Sanitary Sewer, PVC SDR 26(F) $6,680 $0 $6,680 $0 $1,002 $0 $7,682 ACP 6-SS 10" Sanitary Sewer, PVC SDR 26(F) $187,780 $0 $187,780 $0 $28,167 $0 $215,947 ACP 6-SS 12" Sanitary Sewer, PVC SDR 26(F) $253,000 $0 $253,000 $0 $37,950 $0 $290,950 ACP 6-SS 48" Standard Sanitary Sewer Manhole (F) $21,900 $0 $21,900 $0 $3,285 $0 $25,185 ACP 6-SS 48" Standard Sanitary Sewer Manhole (F) $106,500 $0 $106,500 $0 $15,975 $0 $122,475 CO#2 CIP in lieu of Precast - Credit ($20,825) $0 ($20,825) $0 ($3,124) $0 ($23,949) CO#8 RFI#21 - 48" SSMH to 60" $12,600 $0 $12,600 $0 $1,890 $0 $14,490 Subtotal Sewer $2,351,342 $0 $2,351,342 $0 $352,701 $0 $2,704,043 Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-13Page 242
11/12/2025 Item No.11.

Table B-7
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Eagle Parcel 61 & 77 Backbone Facilities Constructed
Construction Escalated SMUD
Make-Up SPIF Construction Contract
SPIF Improvement Costs Escalation Cost Cost [1] Soft Costs Contingency Total Assumption 0.00% 0% 15% 0%
Formula A B C = A+B D = C*50% E = C*20% F = C*10% G = C+D+E+F Construction Make-Up Costs (2023/24$)
Storm Drain
Pipelines - Alder Creek Parkway
ACP 6 -SD Remove Existing 66" FES (F) $15,500 $0 $15,500 $0 $2,325 $0 $17,825 ACP 6 -SD 12" Storm Drain, RCP CLIII (F) $48,516 $0 $48,516 $0 $7,277 $0 $55,793 ACP 6 -SD 12" Storm Drain, RCP CLIII (F) $80,500 $0 $80,500 $0 $12,075 $0 $92,575 ACP 6 -SD 24" Storm Drain, RCP CLIII (F) $8,370 $0 $8,370 $0 $1,256 $0 $9,626 ACP 6 -SD 30" Storm Drain, RCP CLIII (F) $34,500 $0 $34,500 $0 $5,175 $0 $39,675 ACP 6 -SD 48" Storm Drain, RCP CLIII (F) $13,340 $0 $13,340 $0 $2,001 $0 $15,341 ACP 6 -SD 66" Storm Drain, RCP CLIII (F) $1,513,655 $0 $1,513,655 $0 $227,048 $0 $1,740,703 ACP 6 -SD 72" Storm Drain, RCP CLIII (F) $396,000 $0 $396,000 $0 $59,400 $0 $455,400 ACP 6 -SD 8'X8' Junction Box (F) $387,000 $0 $387,000 $0 $58,050 $0 $445,050 ACP 6 -SD 6'X21' Junction Box (F) $113,400 $0 $113,400 $0 $17,010 $0 $130,410 ACP 6 -SD Type B Drainage Inlet (F) $80,400 $0 $80,400 $0 $12,060 $0 $92,460 ACP 6 -SD Type B Drainage Inlet (F) $163,200 $0 $163,200 $0 $24,480 $0 $187,680 ACP 6 -SD Type F Drainage Inlet (F) $51,500 $0 $51,500 $0 $7,725 $0 $59,225 ACP 6 -SD Type F Drainage Inlet (F) $82,400 $0 $82,400 $0 $12,360 $0 $94,760 CO#2 CIP in lieu of Precast - Credit ($20,825) $0 ($20,825) $0 ($3,124) $0 ($23,949) Subtotal Alder Creek Parkway $2,967,456 $0 $2,967,456 $0 $445,118 $0 $3,412,574 Pipelines - East Bidwell Street
EBS 4-SD 12" Storm Drain, RCP CLIII (F) $6,440 $0 $6,440 $0 $966 $0 $7,406 EBS 4-SD Type B Drainage Inlet (F) $13,600 $0 $13,600 $0 $2,040 $0 $15,640 EBS 4-SD Type GOL-7 Drainage Inlet (F) $10,900 $0 $10,900 $0 $1,635 $0 $12,535 Subtotal East Bidwell Street $30,940 $0 $30,940 $0 $4,641 $0 $35,581 Subtotal Storm Drain $2,998,396 $0 $2,998,396 $0 $449,759 $0 $3,448,155 Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-14Page 243
11/12/2025 Item No.11.

Table B-7
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Eagle Parcel 61 & 77 Backbone Facilities Constructed
Construction Escalated SMUD
Make-Up SPIF Construction Contract
SPIF Improvement Costs Escalation Cost Cost [1] Soft Costs Contingency Total Assumption 0.00% 0% 15% 0%
Formula A B C = A+B D = C*50% E = C*20% F = C*10% G = C+D+E+F Construction Make-Up Costs (2023/24$)
Habitat
Valley Elderberry Longhorn Beetle $9,000 $0 $9,000 $0 $0 $0 $9,000 Swainson's Hawk Foraging Habitat (0.70ac) $7,400 $0 $7,400 $0 $0 $0 $7,400 Swainson's Hawk Foraging Habitat (34.275ac) $242,422 $0 $242,422 $0 $0 $0 $242,422 Swainson's Hawk Foraging Habitat (41.90ac) $295,800 $0 $295,800 $0 $0 $0 $295,800 Subtotal Habitat $554,622 $0 $554,622 $0 $0 $0 $554,622 Total Facilities $21,303,153 $0 $21,303,153 $0 $3,112,280 $0 $24,415,437 Source: SPIF Nexus Study FY 2019-2020 Update; MacKay & Somps; Eagle Commercial Properties; EPS. [1] Costs provided to EPS were escalated to FY 2023/24. [2] Reflects the estimated cost SMUD will charge for the installation of backbone electrical conductors.

Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-15Page 244
11/12/2025 Item No.11.

Table B-8
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Eagle Parcel 85 Facilities Reimbursement Analysis
Allocation
Alder East of Remaining
Creek Bidwell Placerville Westwood General HMB Percentage Reimburse.

Item Parkway Street Road Drive Conditions No. 8 Ph. 1 Total of Total Amount SPIF Infrastructure Fee Reimbursement
Initial Reimbursement Amount - - $24,415,437
Remaining Reimbursement Amount [1] - - $14,020,477
Less SPIF Infrastructure Fee Payments - - $0
Net Remaining Reimbursement Amount - - $14,020,477
SPIF Facility Cost Estimate
Phase 1 Roadways
Rough Grading $56,438 $607,989 $0 $1,300,750 $1,949,973 $0 $3,915,150 27.4% $3,845,334 Backbone Roadways $272,722 $561,508 $0 $632,814 $0 $0 $1,467,044 10.3% $1,440,883 Railroad Crossings $0 $0 $0 $0 $0 $0 $0 0.0% $0
City Fiber Optic & Traffic Control System $0 $18,837 $0 $0 $0 $0 $18,837 0.1% $18,501 Signalized Intersections & Improvements $1,246,849 $0 $0 $0 $0 $0 $1,246,849 8.7% $1,224,615 Open Space Vehicular Access Barrier $0 $0 $0 $0 $0 $0 $0 0.0% $0 Off-Site Roadway Improvements $0 $0 $0 $0 $0 $0 $0 0.0% $0 Subtotal Phase 1 Roadways $1,576,009 $1,188,334 $0 $1,933,564 $1,949,973 $0 $6,647,880 46.6% $6,529,333 Dry Utility System $0 $0 $0 $858,771 $0 $0 $858,771 6.0% $843,457 Potable Water System $66,181 $0 $545,734 $848,069 $0 $0 $1,459,984 10.2% $1,433,949 Off-Site Water System $0 $0 $0 $0 $0 $0 $0 0.0% $0
Recycled Water System $679,657 $0 $0 $201,930 $0 $0 $881,587 6.2% $865,866 Sanitary Sewer System 0 $0 $92,975 $24,150 $0 $0 $117,125 0.8% $115,036 Storm Drain System $449,070 $593,851 $145,907 $319,876 $0 $2,090,187 $3,598,891 25.2% $3,534,715 Habitat Mitigation $0 $0 $0 $0 $0 $710,794 $710,794 5.0% $698,119 Total Phase 2 Costs $2,770,917 $1,782,185 $784,616 $4,186,360 $1,949,973 $2,800,981 $14,275,032 100.0% $14,020,475 Source: SPIF Nexus Study FY 2019-2020 Update; MacKay & Somps; Eagle Commercial Properties; EPS.

Eagle Parcel 85 Backbone Facilities
Reimbursement Analysis
Phase 2 Construction Plan
[1] Remaining reimbursement amount current as of July 1, 2025. Includes FY 25/26 value of credits transferred to Dignity Health (approximately $11.5 million) as no building permits have been issued for that development.

Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-16Page 245
11/12/2025 Item No.11.

Table B-9
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Eagle Parcel 85 Backbone Facilities Constructed
Construction Escalated
Make-Up SPIF Construction
SPIF Improvement Costs Escalation Cost Soft Costs Contingency Total Assumption 0.00% 15% 0%
Formula A B C = A+B E = C*20% F = C*10% G = C+D+E+F
Backbone Roadway Rough Grading
General Conditions
General Conditions $40,103 $0 $40,103 $6,015 $0 $46,119 Mobilization $39,736 $0 $39,736 $5,960 $0 $45,697
Construction Water & Fees $18,095 $0 $18,095 $2,714 $0 $20,810 Field Supervision $272,042 $0 $272,042 $40,806 $0 $312,848 Misc Small Tools $13,456 $0 $13,456 $2,018 $0 $15,475
GBI Overhead & Markup (12.5%) $325,814 $0 $325,814 $48,872 $0 $374,686 SUB Overhead & Markup (10%) $561,026 $0 $561,026 $84,154 $0 $645,180 GBI Overhead & Markup (12.5%) thru CCO 11 $17,527 $0 $17,527 $2,629 $0 $20,156 SUB Overhead & Markup (10%) thru CCO 11 $19,016 $0 $19,016 $2,852 $0 $21,869 CCO 12 GBI Overhead & Markup (12.5%) $9,092 $0 $9,092 $1,364 $0 $10,456 CCO 13 GBI Sub Markup (10%) $4,710 $0 $4,710 $706 $0 $5,416 CCO 17 GBI Overhead & Markup (12.5%) $17,834 $0 $17,834 $2,675 $0 $20,510 CCO 17 GBI Sub Markup (10%) $18,305 $0 $18,305 $2,746 $0 $21,051 CCO 18 GBI Overhead & Markup (12.5%) $1,101 $0 $1,101 $165 $0 $1,266 CCO 18 Misc Small Tools $6,058 $0 $6,058 $909 $0 $6,967 #605 GBI Markup (10%) $540 $0 $540 $81 $0 $621
General Conditions (Payapp 8) $123,851 $0 $123,851 $18,578 $0 $142,428 GBI OH & Markup (Payapp 8) $207,320 $0 $207,320 $31,098 $0 $238,418 Subtotal General Conditions $1,695,628 $0 $1,695,628 $254,344 $0 $1,949,973 Construction True-Up Costs (2023/24$)
Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-17Page 246
11/12/2025 Item No.11.

Table B-9
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Eagle Parcel 85 Backbone Facilities Constructed
Construction Escalated
Make-Up SPIF Construction
SPIF Improvement Costs Escalation Cost Soft Costs Contingency Total Assumption 0.00% 15% 0%
Formula A B C = A+B E = C*20% F = C*10% G = C+D+E+F
Construction True-Up Costs (2023/24$)
Alder Creek Parkway
ACP 7-GD Construction Entrance $10,000 $0 $10,000 $1,500 $0 $11,500 ACP 7-GD Fiber Roll $2,625 $0 $2,625 $394 $0 $3,019
ACP 7-GD Earthwork and Canyon Drain (PayApp 8) $30,603 $0 $30,603 $4,590 $0 $35,194 ACP 7-GD #605 Winterization $540 $0 $540 $81 $0 $621
ACP 7-GD #607 SWPPP $973 $0 $973 $146 $0 $1,119
ACP 7-GD #608 Rough Grade $22 $0 $22 $3 $0 $25
ACP 7-GD #609 Grading $2,397 $0 $2,397 $360 $0 $2,757
ACP 7-GD CCO 8 Winterization (GBI) $983 $0 $983 $147 $0 $1,131 ACP 7-GD CCO 8 Winterization (SUB) $932 $0 $932 $140 $0 $1,072 Subtotal Alder Creek Parkway $49,076 $0 $49,076 $7,361 $0 $56,438 East Bidwell Street
EBS 4-GD Demo Exist AC Pavement (Ph 1-2) $64,440 $0 $64,440 $9,666 $0 $74,106 EBS 4-GD Demo New AC Pavement for median (Ph 3) $14,440 $0 $14,440 $2,166 $0 $16,606 EBS 4-GD Earthwork $202,125 $0 $202,125 $30,319 $0 $232,444 EBS 4-GD 12" Canyon Drain $13,055 $0 $13,055 $1,958 $0 $15,013 EBS 4-GD Traffic Control $96,705 $0 $96,705 $14,506 $0 $111,211 EBS 4-GD K-Rail $96,725 $0 $96,725 $14,509 $0 $111,234
EBS 4-GD Construction Entrance $5,000 $0 $5,000 $750 $0 $5,750 EBS 4-GD Fiber Roll $5,125 $0 $5,125 $769 $0 $5,894
EBS 4-GD DI protection $2,500 $0 $2,500 $375 $0 $2,875
EBS 4-GD #605 Winterization $2,160 $0 $2,160 $324 $0 $2,484 EBS 4-GD #607 SWPPP $3,893 $0 $3,893 $584 $0 $4,477
EBS 4-GD #608 Rough Grade $86 $0 $86 $13 $0 $99
EBS 4-GD #609 Grading $9,589 $0 $9,589 $1,438 $0 $11,028 EBS 4-GD CCO 6 Canyon Drain $5,180 $0 $5,180 $777 $0 $5,957 EBS 4-GD CCO 8 Winterization (GBI) $3,932 $0 $3,932 $590 $0 $4,522 EBS 4-GD CCO 8 Winterization (SUB) $3,729 $0 $3,729 $559 $0 $4,289 Subtotal East Bidwell Street $528,685 $0 $528,685 $79,303 $0 $607,989 Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-18Page 247
11/12/2025 Item No.11.

Table B-9
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Eagle Parcel 85 Backbone Facilities Constructed
Construction Escalated
Make-Up SPIF Construction
SPIF Improvement Costs Escalation Cost Soft Costs Contingency Total Assumption 0.00% 15% 0%
Formula A B C = A+B E = C*20% F = C*10% G = C+D+E+F
Construction True-Up Costs (2023/24$)
Westwood Drive
WWD 2-GD Construction Entrance $5,000 $0 $5,000 $750 $0 $5,750 WWD 2-GD Fiber Roll $3,500 $0 $3,500 $525 $0 $4,025
WWD 2-GD DI protection $1,000 $0 $1,000 $150 $0 $1,150
WWD 2-GD CO#1 Storm Drain Package $457,580 $0 $457,580 $68,637 $0 $526,217 WWD 2-GD CCO 8 Winterization (GBI) $2,949 $0 $2,949 $442 $0 $3,392 WWD 2-GD CCO 8 Winterization (SUB) $2,797 $0 $2,797 $420 $0 $3,217 WWD 3-GD Construction Entrance $5,000 $0 $5,000 $750 $0 $5,750 WWD 3-GD Fiber Roll $3,125 $0 $3,125 $469 $0 $3,594
WWD 3-GD DI protection $1,000 $0 $1,000 $150 $0 $1,150
WWD 3-GD CO#1 Storm Drain Package $645,305 $0 $645,305 $96,796 $0 $742,100 WWD 3-GD CCO 8 Winterization (GBI) $1,966 $0 $1,966 $295 $0 $2,261 WWD 3-GD CCO 8 Winterization (SUB) $1,865 $0 $1,865 $280 $0 $2,144 Subtotal Westwood Drive $1,131,087 $0 $1,131,087 $169,663 $0 $1,300,750 Subtotal Backbone Roadway Rough Grading $1,708,847 $0 $577,761 $86,664 $0 $664,427 Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-19Page 248
11/12/2025 Item No.11.

Table B-9
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Eagle Parcel 85 Backbone Facilities Constructed
Construction Escalated
Make-Up SPIF Construction
SPIF Improvement Costs Escalation Cost Soft Costs Contingency Total Assumption 0.00% 15% 0%
Formula A B C = A+B E = C*20% F = C*10% G = C+D+E+F
Construction True-Up Costs (2023/24$)
Backbone Roadways
Alder Creek Parkway
ACP 7-RD Subgrade Preparation $5,313 $0 $5,313 $797 $0 $6,110 ACP 7-RD Curb & Gutter (AB Only) $2,310 $0 $2,310 $347 $0 $2,657 ACP 7-RD Type 2 Vertical Curb & Gutter $9,020 $0 $9,020 $1,353 $0 $10,373 ACP 7-RD HC Ramps (AB Only) $940 $0 $940 $141 $0 $1,081 ACP 7-RD HC Ramps (Concrete) $3,500 $0 $3,500 $525 $0 $4,025 ACP 7-RD 4" AC over 13" AB $30,720 $0 $30,720 $4,608 $0 $35,328 ACP 7-RD 2" AC Final Lift $15,750 $0 $15,750 $2,363 $0 $18,113 ACP 7-RD Striping and Signs $8,250 $0 $8,250 $1,238 $0 $9,488 ACP 7-RD Traffic Control $5,445 $0 $5,445 $817 $0 $6,262 ACP 7-RD K-Rail $11,000 $0 $11,000 $1,650 $0 $12,650
ACP 7-RD Street Lights $35,684 $0 $35,684 $5,353 $0 $41,037 ACP 7-RD Street Light (extra delivered to City) $9,134 $0 $9,134 $1,370 $0 $10,504 ACP 7-RD Street Light Service Point $9,800 $0 $9,800 $1,470 $0 $11,270 ACP 7-RD Street Light Offhaul Spoil/Oversize Rock $300 $0 $300 $45 $0 $345 ACP 7-RD Street Light Restore FG $300 $0 $300 $45 $0 $345 ACP 7-RD Median Landscaping & Irr (CNL & Street Trees) $3,844 $0 $3,844 $577 $0 $4,421 ACP 7-RD Median Landscaping & Irr (Future Travel Lanes) $21,717 $0 $21,717 $3,258 $0 $24,975 ACP 7-RD Drain Inlet Top Out $6,550 $0 $6,550 $983 $0 $7,533 ACP 7-RD CCO 5 (ACP only) $2,190 $0 $2,190 $329 $0 $2,519 ACP 7-RD CCO 17 Roadway Widening Plan Rev 4 & 5 $53,367 $0 $53,367 $8,005 $0 $61,372 ACP 7-RD CCO 18 Traffic Control $2,012 $0 $2,012 $302 $0 $2,314 Subtotal Alder Creek Parkway $237,147 $0 $237,147 $35,572 $0 $272,722 East Bidwell Street
EBS 4-RD Subgrade Preparation $39,660 $0 $39,660 $5,949 $0 $45,609 EBS 4-RD Curb & Gutter (AB Only) $5,780 $0 $5,780 $867 $0 $6,647 EBS 4-RD Type 2 Vertical Curb & Gutter $18,480 $0 $18,480 $2,772 $0 $21,252 EBS 4-RD Type 5 Median Curb $11,743 $0 $11,743 $1,761 $0 $13,504 EBS 4-RD HC Ramps (Concrete) $3,500 $0 $3,500 $525 $0 $4,025 EBS 4-RD Sidewalk (6" PCC) $25,256 $0 $25,256 $3,788 $0 $29,044 EBS 4-RD 4" AC over 13" AB (Ph 1) $138,210 $0 $138,210 $20,732 $0 $158,942 EBS 4-RD 4" AC over 13" AB (Ph 2) $91,500 $0 $91,500 $13,725 $0 $105,225 EBS 4-RD 2" AC Final Lift $80,400 $0 $80,400 $12,060 $0 $92,460 EBS 4-RD Patch AC at Vert Curb for Median (Ph 3) $0 $0 $0 $0 $0 $0 EBS 4-RD AC Dike $4,000 $0 $4,000 $600 $0 $4,600
EBS 4-RD Striping and Signs $19,250 $0 $19,250 $2,888 $0 $22,138 EBS 4-RD Street Lights $17,842 $0 $17,842 $2,676 $0 $20,518 EBS 4-RD Street Light Offhaul Spoil/Oversize Rock $150 $0 $150 $23 $0 $173 EBS 4-RD Street Light Restore FG $150 $0 $150 $23 $0 $173 EBS 4-RD Drain Inlet Top Out $6,550 $0 $6,550 $983 $0 $7,533 EBS 4-RD CCO 4 $14,274 $0 $14,274 $2,141 $0 $16,415
EBS 4-RD CCO 11 - unmarked utility $10,787 $0 $10,787 $1,618 $0 $12,405 EBS 4-RD CCO 18 - Traffic Control $735 $0 $735 $110 $0 $845 Subtotal East Bidwell Street $488,266 $0 $488,266 $73,240 $0 $561,508 Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-20Page 249
11/12/2025 Item No.11.

Table B-9
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Eagle Parcel 85 Backbone Facilities Constructed
Construction Escalated
Make-Up SPIF Construction
SPIF Improvement Costs Escalation Cost Soft Costs Contingency Total Assumption 0.00% 15% 0%
Formula A B C = A+B E = C*20% F = C*10% G = C+D+E+F
Construction True-Up Costs (2023/24$)
Westwood Drive
WWD 2-RD Subgrade Preparation $13,892 $0 $13,892 $2,084 $0 $15,976 WWD 2-RD Curb & Gutter (AB Only) $5,940 $0 $5,940 $891 $0 $6,831 WWD 2-RD Type 2 Vertical Curb & Gutter $11,000 $0 $11,000 $1,650 $0 $12,650 WWD 2-RD Type 5 Median Curb $3,660 $0 $3,660 $549 $0 $4,209 WWD 2-RD HC Ramps (AB Only) $470 $0 $470 $71 $0 $541
WWD 2-RD HC Ramps (Concrete) $3,500 $0 $3,500 $525 $0 $4,025 WWD 2-RD 4" AC over 8.5" AB (Ph 1) $69,300 $0 $69,300 $10,395 $0 $79,695 WWD 2-RD Striping and Signs $5,750 $0 $5,750 $863 $0 $6,613 WWD 2-RD Street Lights $35,684 $0 $35,684 $5,353 $0 $41,037 WWD 2-RD Street Light Service Point $9,800 $0 $9,800 $1,470 $0 $11,270 WWD 2-RD Street Light Offhaul Spoil/Oversize Rock $300 $0 $300 $45 $0 $345 WWD 2-RD Street Light Restore FG $300 $0 $300 $45 $0 $345 WWD 2-RD Drain Inlet Top Out $6,550 $0 $6,550 $983 $0 $7,533 WWD 2-RD Median Landscaping & Irr (CNL & Street Trees) $258 $0 $258 $39 $0 $297 WWD 2-RD CCO 5 (Westwood only) $4,380 $0 $4,380 $657 $0 $5,037 WWD 2-RD CCO 12 - 4"AC/8.5"AB $35,779 $0 $35,779 $5,367 $0 $41,146 WWD 3-RD Subgrade Preparation $24,160 $0 $24,160 $3,624 $0 $27,784 WWD 3-RD Curb & Gutter (AB Only) $14,040 $0 $14,040 $2,106 $0 $16,146 WWD 3-RD Type 2 Vertical Curb & Gutter $26,400 $0 $26,400 $3,960 $0 $30,360 WWD 3-RD Type 5 Median Curb $6,481 $0 $6,481 $972 $0 $7,453 WWD 3-RD HC Ramps (AB Only) $470 $0 $470 $71 $0 $541
WWD 3-RD HC Ramps (Concrete) $3,500 $0 $3,500 $525 $0 $4,025 WWD 3-RD 4" AC over 8.5" AB (Ph 1) $125,160 $0 $125,160 $18,774 $0 $143,934 WWD 3-RD Striping and Signs $10,000 $0 $10,000 $1,500 $0 $11,500 WWD 3-RD Street Lights $89,210 $0 $89,210 $13,382 $0 $102,592 WWD 3-RD Street Light Offhaul Spoil/Oversize Rock $750 $0 $750 $113 $0 $863 WWD 3-RD Street Light Restore FG $750 $0 $750 $113 $0 $863 WWD 3-RD Median Landscaping & Irr (CNL & Street Trees) $456 $0 $456 $68 $0 $524 WWD 3-RD Drain Inlet Top Out $6,550 $0 $6,550 $983 $0 $7,533 WWD 3-RD CCO 12 - 4"AC/8.5"AB $35,779 $0 $35,779 $5,367 $0 $41,146 Subtotal Backbone Roadways $550,269 $0 $550,269 $82,540 $0 $632,814 Subtotal Backbone Roadways $1,275,681 $0 $1,275,681 $191,352 $0 $1,467,044 City Fiber Optic & Traffic Control
East Bidwell Street
EBS 4-RD Signal Conduits, Pull Tape, Boxes $16,380 $0 $16,380 $2,457 $0 $18,837 Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-21Page 250
11/12/2025 Item No.11.

Table B-9
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Eagle Parcel 85 Backbone Facilities Constructed
Construction Escalated
Make-Up SPIF Construction
SPIF Improvement Costs Escalation Cost Soft Costs Contingency Total Assumption 0.00% 15% 0%
Formula A B C = A+B E = C*20% F = C*10% G = C+D+E+F
Construction True-Up Costs (2023/24$)
Signalized Intersections & Improvements
INTX No. 5
ACP/EBS Subgrade Preparation-ACP $5,313 $0 $5,313 $797 $0 $6,110 ACP/EBS Subgrade Preparation-EBS $26,440 $0 $26,440 $3,966 $0 $30,406 ACP/EBS Curb & Gutter (AB Only) $5,193 $0 $5,193 $779 $0 $5,971 ACP/EBS Type 2 Vertical Curb & Gutter $17,710 $0 $17,710 $2,657 $0 $20,367 ACP/EBS Type 5 Median Curb $14,335 $0 $14,335 $2,150 $0 $16,485 ACP/EBS HC Ramps (AB Only) $470 $0 $470 $71 $0 $541
ACP/EBS HC Ramps (Concrete) $1,750 $0 $1,750 $263 $0 $2,013 ACP/EBS 4" AC over 13" AB (Ph 1) - ACP $39,900 $0 $39,900 $5,985 $0 $45,885 ACP/EBS 4" AC over 8.5" AB - EBS Ph1 $100,871 $0 $100,871 $15,131 $0 $116,002 ACP/EBS 4" AC over 8.5" AB - EBS Ph2 $51,240 $0 $51,240 $7,686 $0 $58,926 ACP/EBS 2" AC Final Lift ACP $20,850 $0 $20,850 $3,128 $0 $23,978 ACP/EBS 2" AC Final Lift EBS $75,375 $0 $75,375 $11,306 $0 $86,681 ACP/EBS Patch AC at Median (Ph 3) EBS $22,500 $0 $22,500 $3,375 $0 $25,875 ACP/EBS AC Dike $6,400 $0 $6,400 $960 $0 $7,360
ACP/EBS Striping and Signs ACP $8,250 $0 $8,250 $1,238 $0 $9,488 ACP/EBS Striping and Signs EBS $15,750 $0 $15,750 $2,363 $0 $18,113 ACP/EBS Traffic Control ACP $5,445 $0 $5,445 $817 $0 $6,262 ACP/EBS Street Lights $71,368 $0 $71,368 $10,705 $0 $82,073 ACP/EBS Street Light Offhaul Spoil/Oversize Rock $600 $0 $600 $90 $0 $690 ACP/EBS Street Light Restore FG $600 $0 $600 $90 $0 $690 ACP/EBS K-Rail ACP $12,000 $0 $12,000 $1,800 $0 $13,800 ACP/EBS Median Landscaping & Irr (CNL & Street Trees) $10,591 $0 $10,591 $1,589 $0 $12,180 ACP/EBS Median Landscaping & Irr (Future Travel Lanes) $23,448 $0 $23,448 $3,517 $0 $26,965 Subtotal Intx No. 5 $536,399 $0 $536,399 $80,460 $0 $616,861 Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-22Page 251
11/12/2025 Item No.11.

Table B-9
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Eagle Parcel 85 Backbone Facilities Constructed
Construction Escalated
Make-Up SPIF Construction
SPIF Improvement Costs Escalation Cost Soft Costs Contingency Total Assumption 0.00% 15% 0%
Formula A B C = A+B E = C*20% F = C*10% G = C+D+E+F
Construction True-Up Costs (2023/24$)
INTX No. 6
ACP/WWD Subgrade Preparation - ACP $5,313 $0 $5,313 $797 $0 $6,110 ACP/WWD Subgrade Preparation - WWD $22,348 $0 $22,348 $3,352 $0 $25,700 ACP/WWD Curb & Gutter (AB Only) ACP $2,513 $0 $2,513 $377 $0 $2,889 ACP/WWD Curb & Gutter (AB Only) WWD $8,640 $0 $8,640 $1,296 $0 $9,936 ACP/WWD Type 2 Vertical Curb & Gutter $23,760 $0 $23,760 $3,564 $0 $27,324 ACP/WWD Type 5 Median Curb $8,083 $0 $8,083 $1,212 $0 $9,295 ACP/WWD HC Ramps (AB Only) $470 $0 $470 $71 $0 $541
ACP/WWD HC Ramps (Concrete) $3,500 $0 $3,500 $525 $0 $4,025 ACP/WWD 4" AC over 13" AB (Ph 1) - ACP $16,800 $0 $16,800 $2,520 $0 $19,320 ACP/WWD 4" AC over 8.5" AB (Ph 1) - WWD $118,860 $0 $118,860 $17,829 $0 $136,689 ACP/WWD 2" AC Final Lift ACP $21,450 $0 $21,450 $3,218 $0 $24,668 ACP/WWD Striping and Signs ACP $8,250 $0 $8,250 $1,238 $0 $9,488 ACP/WWD Striping and Signs WWD $9,250 $0 $9,250 $1,388 $0 $10,638 ACP/WWD Traffic Control ACP $5,445 $0 $5,445 $817 $0 $6,262 ACP/WWD Street Lights $124,894 $0 $124,894 $18,734 $0 $143,628 ACP/WWD Street Light Offhaul Spoil/Oversize Rock $1,050 $0 $1,050 $158 $0 $1,208 ACP/WWD Street Light Restore FG $1,050 $0 $1,050 $158 $0 $1,208 ACP/WWD K-Rail ACP $12,000 $0 $12,000 $1,800 $0 $13,800 ACP/WWD Median Landscaping & Irr (CNL & Street Trees) $10,789 $0 $10,789 $1,618 $0 $12,407 ACP/WWD Median Landscaping & Irr (Future Travel Lanes) $18,827 $0 $18,827 $2,824 $0 $21,651 ACP/WWD CCO 17 Roadway Widening Plan Rev 4 & 5 $124,523 $0 $124,523 $18,678 $0 $143,201 Subtotal Intx No. 6 $547,814 $0 $547,814 $82,172 $0 $629,988 Subtotal Signalized Intersections & Improvements $1,084,213 $0 $1,084,213 $162,632 $0 $1,246,849 Dry Utilities
Westwood Drive
WWD 2-DU Westwood Drive (Sta 113+70 to Sta 121+50) $259,949 $0 $259,949 $38,992 $0 $298,941 WWD 3-DU Westwood Drive (Sta 121+50 to Sta 128+40) $259,949 $0 $259,949 $38,992 $0 $298,941 PLCR DU Placerville Road $153,848 $0 $153,848 $23,077 $0 $176,925 WWD 3-DU CCO 1 $73,012 $0 $73,012 $10,952 $0 $83,964
Subtotal Dry Utilities $746,758 $0 $746,758 $112,014 $0 $858,771 Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-23Page 252
11/12/2025 Item No.11.

Table B-9
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Eagle Parcel 85 Backbone Facilities Constructed
Construction Escalated
Make-Up SPIF Construction
SPIF Improvement Costs Escalation Cost Soft Costs Contingency Total Assumption 0.00% 15% 0%
Formula A B C = A+B E = C*20% F = C*10% G = C+D+E+F
Construction True-Up Costs (2023/24$)
Potable Water
Alder Creek Parkway
ACP 7 - W Fire Hydrant $47,200 $0 $47,200 $7,080 $0 $54,280 ACP 7 - W CCO 17 - REV 4 & 5 wets $10,349 $0 $10,349 $1,552 $0 $11,901 Subtotal Alder Creek Parkway $57,549 $0 $57,549 $8,632 $0 $66,181 Westwood Drive
WWD 2-W 8" Valves $3,500 $0 $3,500 $525 $0 $4,025
WWD 2-W 12" Water Main $96,200 $0 $96,200 $14,430 $0 $110,630 WWD 2-W 12" Valves $25,500 $0 $25,500 $3,825 $0 $29,325 WWD 2-W 16" Water Main $143,750 $0 $143,750 $21,563 $0 $165,313 WWD 2-W 16" Butterfly Valves $27,600 $0 $27,600 $4,140 $0 $31,740 WWD 2-W 4" Blow-Off Valve $7,050 $0 $7,050 $1,058 $0 $8,108 WWD 2-W Fire Hydrant Assembly $11,800 $0 $11,800 $1,770 $0 $13,570 WWD 2-W Fire Hydrant Assembly $23,600 $0 $23,600 $3,540 $0 $27,140 WWD 3-W 12" Water Main $103,350 $0 $103,350 $15,503 $0 $118,853 WWD 3-W 12" Valves $15,300 $0 $15,300 $2,295 $0 $17,595 WWD 3-W 16" Water Main $188,600 $0 $188,600 $28,290 $0 $216,890 WWD 3-W 16" Butterfly Valves $27,600 $0 $27,600 $4,140 $0 $31,740 WWD 3-W 4" Blow-Off Valve $14,100 $0 $14,100 $2,115 $0 $16,215 WWD 3-W 4" Blow-Off Valve $14,100 $0 $14,100 $2,115 $0 $16,215 WWD 3-W Fire Hydrant Assembly $11,800 $0 $11,800 $1,770 $0 $13,570 WWD 3-W Fire Hydrant Assembly $23,600 $0 $23,600 $3,540 $0 $27,140 Subtotal Westwood Drive $737,450 $0 $737,450 $110,618 $0 $848,069 Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-24Page 253
11/12/2025 Item No.11.

Table B-9
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Eagle Parcel 85 Backbone Facilities Constructed
Construction Escalated
Make-Up SPIF Construction
SPIF Improvement Costs Escalation Cost Soft Costs Contingency Total Assumption 0.00% 15% 0%
Formula A B C = A+B E = C*20% F = C*10% G = C+D+E+F
Construction True-Up Costs (2023/24$)
Placerville Road
PLCR 4 12" Water Main $52,000 $0 $52,000 $7,800 $0 $59,800 PLCR 4 12" Valves $15,300 $0 $15,300 $2,295 $0 $17,595
PLCR 4 16" Water Main $143,750 $0 $143,750 $21,563 $0 $165,313 PLCR 4 16" Butterfly Valves $18,400 $0 $18,400 $2,760 $0 $21,160 PLCR 4 4" Blow-Off Valve $7,050 $0 $7,050 $1,058 $0 $8,108 PLCR 4 4" Blow-Off Valve $7,050 $0 $7,050 $1,058 $0 $8,108 PLCR 4 CCO 16 - crossing conflicts $231,000 $0 $231,000 $34,650 $0 $265,650 Subtotal Placerville Road $474,550 $0 $474,550 $71,183 $0 $545,734 Subtotal Dry Utilities $1,269,549 $0 $1,269,549 $190,432 $0 $1,459,984 Non-Potable Water
Alder Creek Parkway
ACP 7 -NP 8" Non-Potable Water Main $65,720 $0 $65,720 $9,858 $0 $75,578 ACP 7 -NP 16" Non-Potable Water Main $408,480 $0 $408,480 $61,272 $0 $469,752 ACP 7 -NP 16" Butterfly Valves $31,500 $0 $31,500 $4,725 $0 $36,225 ACP 7 -NP 4" Blow-Off Valve $4,650 $0 $4,650 $698 $0 $5,348 ACP 7 -NP 2" Water Service $11,800 $0 $11,800 $1,770 $0 $13,570 ACP 7 -NP CCO 9 - CL250 valve and restraints $17,324 $0 $17,324 $2,599 $0 $19,923 ACP 7 -NP CCO 13 - 16" NP depth $47,097 $0 $47,097 $7,065 $0 $54,161 ACP 7 -NP CCO 17 - REV 4 & 5 wets $4,435 $0 $4,435 $665 $0 $5,100 Subtotal Alder Creek Parkway $591,006 $0 $591,006 $88,651 $0 $679,657 Westwood Drive
WWD 2-NP 8" Non-Potable Water Main $70,490 $0 $70,490 $10,574 $0 $81,064 WWD 2-NP 2" Water Service $11,800 $0 $11,800 $1,770 $0 $13,570 WWD 3-NP 8" Non-Potable Water Main $76,850 $0 $76,850 $11,528 $0 $88,378 WWD 3-NP 4" Blow-Off Valve $4,650 $0 $4,650 $698 $0 $5,348 WWD 3-NP 2" Water Service $11,800 $0 $11,800 $1,770 $0 $13,570 Subtotal Westwood Drive $175,590 $0 $175,590 $26,339 $0 $201,930 Subtotal Non-Potable Water $766,596 $0 $766,596 $114,989 $0 $881,587 Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-25Page 254
11/12/2025 Item No.11.

Table B-9
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Eagle Parcel 85 Backbone Facilities Constructed
Construction Escalated
Make-Up SPIF Construction
SPIF Improvement Costs Escalation Cost Soft Costs Contingency Total Assumption 0.00% 15% 0%
Formula A B C = A+B E = C*20% F = C*10% G = C+D+E+F
Construction True-Up Costs (2023/24$)
Sanitary Sewer System
Westwood Drive
WWD 2-SS Adjust Ex SSMH rims $10,500 $0 $10,500 $1,575 $0 $12,075 WWD 3-SS Adjust Ex SSMH rims $10,500 $0 $10,500 $1,575 $0 $12,075 Subtotal Westwood Drive $21,000 $0 $21,000 $3,150 $0 $24,150 Placerville Road
PLCR 4 8" Sanitary Sewer $56,376 $0 $56,376 $8,456 $0 $64,832 PLCR 4 60" SSMH $21,000 $0 $21,000 $3,150 $0 $24,150
PLCR 4 CCO 2 - MCI 009 - sump pump $1,047 $0 $1,047 $157 $0 $1,204 PLCR 4 CCO 2 - MCI 010 - portion $2,425 $0 $2,425 $364 $0 $2,789 Subtotal Placerville Road $80,848 $0 $80,848 $12,127 $0 $92,975 Subtotal Sanitary Sewer System $101,848 $0 $101,848 $15,277 $0 $117,125 Storm Drain
Pipelines - Alder Creek Parkway
ACP 6 -SD Storm Outfall (58 LF 66" pipe extension & FES) $75,000 $0 $75,000 $11,250 $0 $86,250 ACP 6 -SD 12" RCP CL III $2,780 $0 $2,780 $417 $0 $3,197 ACP 6 -SD Modified Type 'B' DI $21,240 $0 $21,240 $3,186 $0 $24,426 ACP 6 -SD 8' Rock Lined Swale $158,420 $0 $158,420 $23,763 $0 $182,183 ACP 6 -SD CCO 17 - REV 4 & 5 wets $133,056 $0 $133,056 $19,958 $0 $153,014 Subtotal Alder Creek Parkway $390,496 $0 $390,496 $58,574 $0 $449,070 Westwood Drive
WWD 2-SD 12" RCP CL III $11,120 $0 $11,120 $1,668 $0 $12,788 WWD 2-SD 42" RCP CL III $64,400 $0 $64,400 $9,660 $0 $74,060 WWD 2-SD 48" SD Manhole (saddle) $11,320 $0 $11,320 $1,698 $0 $13,018 WWD 2-SD Modified Type 'B' DI $19,000 $0 $19,000 $2,850 $0 $21,850 WWD 2-SD Type GOL-7 DI $25,000 $0 $25,000 $3,750 $0 $28,750 WWD 2-SD CCO 2 - MCI 001 - demo $1,988 $0 $1,988 $298 $0 $2,287 WWD 2-SD CCO 2 - MCI 003 - CIP DIs $10,611 $0 $10,611 $1,592 $0 $12,203 WWD 2-SD CCO 2 - MCI 008 - 6' of 12" RCP $2,222 $0 $2,222 $333 $0 $2,555 WWD 3-SD 42" RCP CL III $64,400 $0 $64,400 $9,660 $0 $74,060 WWD 3-SD Modified Type 'B' DI $38,000 $0 $38,000 $5,700 $0 $43,700 WWD 3-SD Type 'F' DI $3,850 $0 $3,850 $578 $0 $4,428
WWD 3-SD CCO 2 - MCI 002 - JT conflict $22,261 $0 $22,261 $3,339 $0 $25,601 WWD 3-SD CCO 2 - MCI 003 - CIP DIs $3,979 $0 $3,979 $597 $0 $4,576 Subtotal Westwood Drive $278,152 $0 $278,152 $41,723 $0 $319,876 Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-26Page 255
11/12/2025 Item No.11.

Table B-9
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Eagle Parcel 85 Backbone Facilities Constructed
Construction Escalated
Make-Up SPIF Construction
SPIF Improvement Costs Escalation Cost Soft Costs Contingency Total Assumption 0.00% 15% 0%
Formula A B C = A+B E = C*20% F = C*10% G = C+D+E+F
Construction True-Up Costs (2023/24$)
East Bidwell Street
EBS 4-SD Demo & Abandon Ex Facilities $11,900 $0 $11,900 $1,785 $0 $13,685 EBS 4-GD Demo & Abandon Ex Facilities $28,900 $0 $28,900 $4,335 $0 $33,235 EBS 4-GD Adjust Ex SDMH rims $10,650 $0 $10,650 $1,598 $0 $12,248 EBS 4-SD 12" RCP CL III $41,005 $0 $41,005 $6,151 $0 $47,156 EBS 4-GD 12" RCP CL III $55,080 $0 $55,080 $8,262 $0 $63,342 EBS 4-SD 15" RCP CL III $16,770 $0 $16,770 $2,516 $0 $19,286 EBS 4-GD 15" RCP CL III $5,800 $0 $5,800 $870 $0 $6,670 EBS 4-GD 18" RCP CL III $57,255 $0 $57,255 $8,588 $0 $65,843 EBS 4-SD 42" RCP CL III $64,400 $0 $64,400 $9,660 $0 $74,060 EBS 4-GD 42" RCP CL III $60,770 $0 $60,770 $9,116 $0 $69,886 EBS 4-SD 48" SD Manhole $11,320 $0 $11,320 $1,698 $0 $13,018 EBS 4-GD 48" SD Manhole $11,300 $0 $11,300 $1,695 $0 $12,995 EBS 4-GD 60" SD Manhole $14,000 $0 $14,000 $2,100 $0 $16,100 EBS 4-GD 72" SD Manhole $18,500 $0 $18,500 $2,775 $0 $21,275 EBS 4-GD 96" SD Manhole $34,950 $0 $34,950 $5,243 $0 $40,193 EBS 4-SD Modified Type 'B' DI $19,000 $0 $19,000 $2,850 $0 $21,850 EBS 4-SD Type GOL-7 DI $25,000 $0 $25,000 $3,750 $0 $28,750 EBS 4-SD Type 'F' DI $3,850 $0 $3,850 $578 $0 $4,428
EBS 4-SD CCO 2 - MCI 010 - portion $25,940 $0 $25,940 $3,891 $0 $29,831 Subtotal Westwood Drive $516,390 $0 $516,390 $77,459 $0 $593,851 Placerville Road
PLCR 4 36" RCP CL III $99,000 $0 $99,000 $14,850 $0 $113,850 PLCR 4 CCO 2 - MCI 004 - unknown util xing conflict $10,415 $0 $10,415 $1,562 $0 $11,978 PLCR 4 CCO 2 - MCI 007 - JT xing conflict $17,460 $0 $17,460 $2,619 $0 $20,079 Subtotal Westwood Drive $126,876 $0 $126,876 $19,031 $0 $145,907 Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-27Page 256
11/12/2025 Item No.11.

Table B-9
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Eagle Parcel 85 Backbone Facilities Constructed
Construction Escalated
Make-Up SPIF Construction
SPIF Improvement Costs Escalation Cost Soft Costs Contingency Total Assumption 0.00% 15% 0%
Formula A B C = A+B E = C*20% F = C*10% G = C+D+E+F
Construction True-Up Costs (2023/24$)
Hydromodification Basin No. 8
HMB #8 Fine Grade EOP to EOP (access road) $46,940 $0 $46,940 $7,041 $0 $53,981 HMB #8 3"AC over 6" AB (access road) $152,550 $0 $152,550 $22,883 $0 $175,433 HMB #8 Concrete Spillway (AB only) $8,000 $0 $8,000 $1,200 $0 $9,200 HMB #8 12" Rip Rap x 2.5' deep $96,120 $0 $96,120 $14,418 $0 $110,538 HMB #8 Outlet Structure, Box Culvert & Wingwall (complete)$1,049,210 $0 $1,049,210 $157,382 $0 $1,206,592 HMB #8 Concrete Spillway $59,200 $0 $59,200 $8,880 $0 $68,080 HMB #8 Construction Entrance $5,000 $0 $5,000 $750 $0 $5,750 HMB #8 Fiber Roll (access road) $40,000 $0 $40,000 $6,000 $0 $46,000 HMB #8 CCO 3 $59,364 $0 $59,364 $8,905 $0 $68,268
HMB #8 CCO 8 Winterization $26,544 $0 $26,544 $3,982 $0 $30,526 HMB #8 CCO 12 - Outlet, Box Culvert & Wingwall $1,180 $0 $1,180 $177 $0 $1,357 HMB #8 #605 Winterization $2,700 $0 $2,700 $405 $0 $3,105 HMB #8 #607 SWPPP $4,866 $0 $4,866 $730 $0 $5,596
HMB #8 #608 Rough Grade $108 $0 $108 $16 $0 $124
HMB #8 #609 Grading $11,987 $0 $11,987 $1,798 $0 $13,785 HMB #8 Rough Grade (Payapp 8) $212,197 $0 $212,197 $31,830 $0 $244,026 HMB #8 Winterization (Payapp 8 line 27.00) $41,588 $0 $41,588 $6,238 $0 $47,826 Subtotal HMB No. 8 $1,817,553 $0 $1,817,553 $272,633 $0 $2,090,187 Subtotal Storm Drain $3,129,466 $0 $3,129,466 $469,420 $0 $3,598,891 Habitat
Floodplain Mosaic Wetland credits $406,500 $0 $406,500 $0 $0 $406,500 Wildlands Vernal Pool creation credits $12,000 $0 $12,000 $0 $0 $12,000 Gill Ranch Swainson's Hawk Foraging Habitat (34.55ac) $244,294 $0 $244,294 $0 $0 $244,294 Trees - Eight (8) Year Maint. Period $48,000 $0 $48,000 $0 $0 $48,000 Subtotal Habitat $710,794 $0 $710,794 $0 $0 $710,794
Total Facilities $12,505,761 $0 $12,505,761 $1,769,245 $0 $14,275,032 Source: SPIF Nexus Study FY 2019-2020 Update; MacKay & Somps; Eagle Commercial Properties; EPS. [1] Reflects the estimated cost SMUD will charge for the installation of backbone electrical conductors.

Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-28Page 257
11/12/2025 Item No.11.

Table B-10
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Toll Brothers at Folsom Ranch Backbone Facilities Reimbursement Analysis Allocation
Oak Combo of Remaining
Mangini Avenue Class 1 HMB Basin Percentage Reimburse.

Item Parkway Parkway Trail No. 16 No.5 Total of Total Amount SPIF Infrastructure Fee Reimbursement
Initial Reimbursement Amount - - $24,411,051
Remaining Reimbursement Amount [1] - - $7,254,023
Less SPIF Infrastructure Fee Payments - - $0
Net Remaining Reimbursement Amount - - $7,254,023
SPIF Facility Cost Estimate [4]
Roadways
Rough Grading $3,907,525 $705,004 $0 $0 $0 $4,612,529 18.9% $1,370,666 Backbone Roadways $5,118,843 $666,160 $0 $0 $0 $5,785,003 23.7% $1,719,080 Railroad Crossings $0 $0 $0 $0 $0 $0 0.0% $0
City Fiber Optic & Traffic Control System $109,845 $72,587 $0 $0 $0 $182,432 0.7% $54,212 Signalized Intersections & Improvements $1,020,660 $0 $0 $0 $0 $1,020,660 4.2% $303,301 Open Space Vehicular Access Barrier $24,064 $0 $0 $0 $0 $24,064 0.1% $7,151 Off-Site Roadway Improvements $0 $0 $0 $0 $0 $0 0.0% $0 Trail $0 $0 $331,853 $0 $0 $331,853 1.4% $98,614
Subtotal Phase 1 Roadways $10,180,937 $1,443,751 $331,853 $0 $0 $11,956,541 49.0% $3,553,024 Dry Utility System $1,373,338 $804,322 $0 $0 $0 $2,177,660 8.9% $647,117 Potable Water System $2,195,462 $385,126 $0 $0 $0 $2,580,588 10.6% $766,851 Off-Site Water System $0 $0 $0 $0 $0 $0 0.0% $0
Recycled Water System $1,192,951 $319,016 $0 $0 $0 $1,511,967 6.2% $449,298 Sanitary Sewer System $0 $288,225 $0 $0 $0 $288,225 1.2% $85,649 Storm Drain System $1,886,644 $1,930,370 $0 $1,842,628 143,309 $5,802,951 23.8% $1,724,413 Habitat Mitigation [5] $93,119 $0 $0 $0 $0 $93,119 0.4% $27,671 Total Phase 2 Costs $16,922,451 $5,170,810 $331,853 $1,842,628 $143,309 $24,411,051 149.0% $7,254,023 Source: SPIF Nexus Study FY 2019-2020 Update; MacKay & Somps; Toll Brothers; EPS. [1] Remaining reimbursement amount current as of July 1, 2025.

Toll at Folsom Ranch
Phase 1
Reimbursement Analysis
Phase 2 Construction Plan
Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-29Page 258
11/12/2025 Item No.11.

Table B-11
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Toll Brothers at Folsom Ranch Backbone Facilities Constructed Construction SMUD
Make-Up SPIF Construction Contract
SPIF Improvement Costs Escalation Cost Cost [1] Soft Costs Contingency Total Assumption 0.00% 50% 15% 20%
Formula A B C = A+B D = C*50% E = C*20% F = C*10% G = C+D+E+F Backbone Roadway Rough Grading
Mangini Parkway
MP 2-GD Clearing & Grubbing (Sta 150+20 to Sta 169+50) $20,160 $0 $20,160 $0 $3,024 $4,032 $27,216 MP 2-GD Rough Grade Excavation (Sta 150+20 to Sta 169+50) $543,492 $0 $543,492 $0 $81,524 $108,698 $733,714 MP 2-GD Erosion Control (Sta 150+20 to Sta 169+50) $50,400 $0 $50,400 $0 $7,560 $10,080 $68,040 MP 3-GD Clearing & Grubbing (Sta 169+50 to Sta 191+80) $29,160 $0 $29,160 $0 $4,374 $5,832 $39,366 MP 3-GD Rough Grade Excavation (Sta 169+50 to Sta 191+80) $4,383 $0 $4,383 $0 $657 $877 $5,917 MP 3-GD Rough Grade Import (Sta 169+50 to Sta 191+80) $2,173,968 $0 $2,173,968 $0 $326,095 $434,794 $2,934,857 MP 3-GD Erosion Control (Sta 169+50 to Sta 191+80) $72,900 $0 $72,900 $0 $10,935 $14,580 $98,415 Subtotal Mangini Parkway $0 $0 $2,894,463 $0 $434,169 $578,893 $3,907,525 Construction Make-Up Costs (2023/24$)
Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-30Page 259
11/12/2025 Item No.11.

Table B-11
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Toll Brothers at Folsom Ranch Backbone Facilities Constructed Construction SMUD
Make-Up SPIF Construction Contract
SPIF Improvement Costs Escalation Cost Cost [1] Soft Costs Contingency Total Assumption 0.00% 50% 15% 20%
Formula A B C = A+B D = C*50% E = C*20% F = C*10% G = C+D+E+F Construction Make-Up Costs (2023/24$)
Oak Avenue Parkway
OAP 1-GD Clearing & Grubbing (Sta 100+30 to Sta 119+00) $18,970 $0 $18,970 $0 $2,845 $3,794 $25,609 OAP 1-GD Rough Grade Excavation (Sta 100+30 to Sta 119+00) $455,832 $0 $455,832 $0 $68,375 $91,166 $615,373 OAP 1-GD Erosion Control (Sta 100+30 to Sta 119+00) $47,424 $0 $47,424 $0 $7,114 $9,485 $64,022 Subtotal Oak Avenue Parkway $522,226 $0 $522,226 $0 $78,334 $104,445 $705,004 Subtotal Backbone Roadway Rough Grading $3,416,689 $0 $3,416,689 $0 $512,503 $683,338 $4,612,529 Backbone Roadways
Mangini Parkway
MP 2 Mangini Parkway (Sta 150+20 to Sta 169+50) $821,992 $0 $821,992 $0 $123,299 $164,398 $1,109,689 MP 3 Mangini Parkway (Sta 169+50 to Sta 182+40)1 $552,623 $0 $552,623 $0 $82,893 $110,525 $746,041 MP3 Alder Creek Bridge Roadway Improvements $1,500,000 $0 $1,500,000 $0 $225,000 $300,000 $2,025,000 MP4 Class 1 Trail Undercrossing $917,121 $0 $917,121 $0 $137,568 $183,424 $1,238,113 Subtotal Mangini Parkway $3,791,736 $0 $3,791,736 $0 $568,760 $758,347 $5,118,843 Oak Avenue Parkway
OAP 1 Oak Avenue Parkway (Sta 100+30 to Sra 119+00) $493,452 $0 $493,452 $0 $74,018 $98,690 $666,160 Subtotal Oak Avenue ParkwayOak Avenue Parkway (Sta 100+30 to Sra 119+00) $493,452 $0 $493,452 $0 $74,018 $98,690 $666,160 Subtotal Backbone Roadways $4,285,188 $0 $4,285,188 $0 $642,778 $857,038 $5,785,003 Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-31Page 260
11/12/2025 Item No.11.

Table B-11
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Toll Brothers at Folsom Ranch Backbone Facilities Constructed Construction SMUD
Make-Up SPIF Construction Contract
SPIF Improvement Costs Escalation Cost Cost [1] Soft Costs Contingency Total Assumption 0.00% 50% 15% 20%
Formula A B C = A+B D = C*50% E = C*20% F = C*10% G = C+D+E+F Construction Make-Up Costs (2023/24$)
City Fiber Optic & Traffic Control
Mangini Parkway
MP2 Mangini Parkway (Sta 150+20 to Sta 169+50)(Conduit & Pullboxes Only)$55,198 $0 $55,198 $0 $8,280 $11,040 $74,517 MP3 Mangini Parkway (Sta 169+50 to Sta 182+40)(Conduit & Pullboxes Only)$26,169 $0 $26,169 $0 $3,925 $5,234 $35,328 Subtotal Mangini Parkway $81,367 $0 $81,367 $0 $12,205 $16,273 $109,845 Oak Avenue Parkway
OAP 1 Oak Avenue Parkway (Sta 100+30 to Sta 119+00)(Conduit & Pullboxes Only)$53,768 $0 $53,768 $0 $8,065 $10,754 $72,587 Subtotal Oak Avenue Parkway $53,768 $0 $53,768 $0 $8,065 $10,754 $72,587 Subtotal City Fiber Optic and Traffic Control $135,135 $0 $135,135 $0 $20,270 $27,027 $182,432 Signalized Intersections & Improvements
Mangini Parkway
INTX 10 Oak Avenue Parkway / Mangini Parkway (4-Way) $437,527 $0 $437,527 $0 $65,629 $87,505 $590,661 INTX 17 Oak Avenue Parkway / Mangini Parkway (4-Way) $318,518 $0 $318,518 $0 $47,778 $63,704 $429,999 Subtotal Signalized Intersections & Improvements $756,045 $0 $756,045 $0 $113,407 $151,209 $1,020,660 Open Space Vehicle Access Barrier
MP2 Mangini Parkway (Sta 150+20 to Sta 169+50) $2,081 $0 $2,081 $0 $312 $416 $2,809 MP3 Mangini Parkway (Sta 169+50 to Sta 182+40) $15,745 $0 $15,745 $0 $2,362 $3,149 $21,255 Subtotal Open Space Vehicle Access Barrier $17,826 $0 $17,826 $0 $2,674 $3,565 $24,064 Trails
Class 1 Trail $245,817 $0 $245,817 $0 $36,873 $49,163 $331,853 Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-32Page 261
11/12/2025 Item No.11.

Table B-11
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Toll Brothers at Folsom Ranch Backbone Facilities Constructed Construction SMUD
Make-Up SPIF Construction Contract
SPIF Improvement Costs Escalation Cost Cost [1] Soft Costs Contingency Total Assumption 0.00% 50% 15% 20%
Formula A B C = A+B D = C*50% E = C*20% F = C*10% G = C+D+E+F Construction Make-Up Costs (2023/24$)
Dry Utilities
Mangini Parkway
MP 2-DU Mangini Parkway (Sta 150+20 to Sta 169+50) $446,332 $0 $446,332 $223,166 $66,950 $89,266 $825,714 MP 3-DU Mangini Parkway (169+50 to 191+80) $296,013 $0 $296,013 $148,006 $44,402 $59,203 $547,624 Subtotal Mangini Parkway $742,345 $0 $742,345 $371,172 $111,352 $148,469 $1,373,338 Oak Avenue Parkway $434,769 $0 $434,769 $217,384 $65,215 $86,954 $804,322 Subtotal Dry Utilities $1,177,113 $0 $1,177,113 $588,557 $176,567 $235,423 $2,177,660 Potable Water
Mangini Parkway
MP 2-W Mangini Parkway (Sta 150+20 to Sta 169+50) $927,577 $0 $927,577 $0 $139,137 $185,515 $1,252,229 MP 3-W Mangini Parkway (Sta 169+50 to Sta 182+30) $384,488 $0 $384,488 $0 $57,673 $76,898 $519,059 MP 3-W Mangini Parkway (Sta 169+50 to Sta 182+30) $230,693 $0 $230,693 $0 $34,604 $46,139 $311,435 MP 2-W Zone 3 to Zone 2 Pressure Reducing Station $83,510 $0 $83,510 $0 $12,527 $16,702 $112,739 Subtotal Mangini Parkway $1,626,268 $0 $1,626,268 $0 $243,940 $325,254 $2,195,462 Oak Avenue Parkway
OAP 1-W Oak Avenue Parkway (Sta 100+30 to Sta 119+00) $285,279 $0 $285,279 $0 $42,792 $57,056 $385,126 Subtotal Oak Avenue Parkway $285,279 $0 $285,279 $0 $42,792 $57,056 $385,126 Subtotal Potable Water $1,911,547 $0 $1,911,547 $0 $286,732 $382,309 $2,580,588 Non-Potable Water
Mangini Parkway
MP 2-NP Mangini Parkway (Sta 150+20 to Sta 169+50) $481,091 $0 $481,091 $0 $72,164 $96,218 $649,473 MP 3-NP Mangini Parkway (Sta 169+50 to Sta 182+30) $319,066 $0 $319,066 $0 $47,860 $63,813 $430,739 MP 2-NP Zone 3 to Zone 2 Pressure Reducing Station $83,510 $0 $83,510 $0 $12,527 $16,702 $112,739 Subtotal Mangini Parkway $883,667 $0 $883,667 $0 $132,550 $176,733 $1,192,951 Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-33Page 262
11/12/2025 Item No.11.

Table B-11
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Toll Brothers at Folsom Ranch Backbone Facilities Constructed Construction SMUD
Make-Up SPIF Construction Contract
SPIF Improvement Costs Escalation Cost Cost [1] Soft Costs Contingency Total Assumption 0.00% 50% 15% 20%
Formula A B C = A+B D = C*50% E = C*20% F = C*10% G = C+D+E+F Construction Make-Up Costs (2023/24$)
Oak Avenue Parkway
OAP 1- NP Oak Avenue Parkway (Sta 109+52 to Sta 119+00) $236,308 $0 $236,308 $0 $35,446 $47,262 $319,016 Subtotal Oak Avenue Parkway $236,308 $0 $236,308 $0 $35,446 $47,262 $319,016 Subtotal Non-Potable Water $1,119,975 $0 $236,308 $0 $35,446 $47,262 $319,016 Sanitary Sewer System
Oak Avenue Parkway
OAP 1-SS Oak Avenue Parkway (Sta 110+30 to Sta 118+60) $213,500 $0 $213,500 $0 $32,025 $42,700 $288,225 Subtotal Oak Avenue Parkway $213,500 $0 $213,500 $0 $32,025 $42,700 $288,225 Subtotal Sewer $213,500 $0 $213,500 $0 $32,025 $42,700 $288,225 Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-34Page 263
11/12/2025 Item No.11.

Table B-11
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Toll Brothers at Folsom Ranch Backbone Facilities Constructed Construction SMUD
Make-Up SPIF Construction Contract
SPIF Improvement Costs Escalation Cost Cost [1] Soft Costs Contingency Total Assumption 0.00% 50% 15% 20%
Formula A B C = A+B D = C*50% E = C*20% F = C*10% G = C+D+E+F Construction Make-Up Costs (2023/24$)
Storm Drain
Pipelines- Mangini Parkway
MP 2-SD Mangini Parkway (Sta 150+20 to Sta 169+50) $285,096 $0 $285,096 $0 $42,764 $57,019 $384,880 MP 2-SD Mangini Parkway (Sta 150+20 to Sta 169+50) $372,742 $0 $372,742 $0 $55,911 $74,548 $503,202 MP 3-SD Mangini Parkway (Sta 169+50 to Sta 182+30) $588,307 $0 $588,307 $0 $88,246 $117,661 $794,214 MP 3-SD 60" Storm Drain Pipe Extended to HMB #16 $112,826 $0 $112,826 $0 $16,924 $22,565 $152,315 MP 3-SD 60" Storm Drain Outfall Structure to HMB #16 $38,543 $0 $38,543 $0 $5,781 $7,709 $52,033 Subtotal Mangini Parkway $1,397,515 $0 $1,397,515 $0 $209,627 $279,503 $1,886,644 Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-35Page 264
11/12/2025 Item No.11.

Table B-11
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Toll Brothers at Folsom Ranch Backbone Facilities Constructed Construction SMUD
Make-Up SPIF Construction Contract
SPIF Improvement Costs Escalation Cost Cost [1] Soft Costs Contingency Total Assumption 0.00% 50% 15% 20%
Formula A B C = A+B D = C*50% E = C*20% F = C*10% G = C+D+E+F Construction Make-Up Costs (2023/24$)
Oak Avenue Parkway
OAP 1-SD Oak Avenue Parkway (Sta 100+30 to Sta 119+00) $844,495 $0 $844,495 $0 $126,674 $168,899 $1,140,068 OAP 1-SD 48" Storm Drain Pipe Extended to COMBO #5 $553,290 $0 $553,290 $0 $82,993 $110,658 $746,941 OAP 1-SD 48" Storm Drain Outfall Structure to COMBO #5 $32,119 $0 $32,119 $0 $4,818 $6,424 $43,361 Subtotal Oak Avenue Parkway $1,429,903 $0 $1,429,903 $0 $214,486 $285,981 $1,930,370 HMB No. 16
HMB 16 Clearing & Grubbing $16,800 $0 $16,800 $0 $2,520 $3,360 $22,680 HMB 16 Excavation $262,980 $0 $262,980 $0 $39,447 $52,596 $355,023 HMB 16 Basin Finish Grading $134,400 $0 $134,400 $0 $20,160 $26,880 $181,440 HMB 16 60-inch RCP CL-IV Storm Drainage Pipeline $82,611 $0 $82,611 $0 $12,392 $16,522 $111,525 HMB 16 60-inch Strom Drain Outfall Structure $33,404 $0 $33,404 $0 $5,011 $6,681 $45,096 HMB 16 Detention Basin Outlet Control Structure - Large $563,571 $0 $563,571 $0 $84,536 $112,714 $760,821 HMB 16 12-ft. Wide Concrete Access Ramp, Std. Dwg. SD-23 $26,985 $0 $26,985 $0 $4,048 $5,397 $36,430 HMB 16 Spillway, 6" Concrete w/#4 Bars 12" O.C. Each Way $85,067 $0 $85,067 $0 $12,760 $17,013 $114,840 HMB 16 Removable Bollards, Std. Dwg. LS-42 $4,625 $0 $4,625 $0 $694 $925 $6,244 HMB 16 Rock Rip Rap $27,623 $0 $27,623 $0 $4,143 $5,525 $37,291 HMB 16 12-ft. Wide Basin Perimeter Road - 3" AC /7.5" AB $44,718 $0 $44,718 $0 $6,708 $8,944 $60,369 HMB 16 5-ft. Wide Concrete V-Gutter $13,875 $0 $13,875 $0 $2,081 $2,775 $18,731 HMB 16 Detention Basin Planting (Hydro-Seeding) $9,170 $0 $9,170 $0 $1,376 $1,834 $12,380 HMB 16 Construction Area Seeding (Hydro-Seeding) $4,480 $0 $4,480 $0 $672 $896 $6,048 HMB 16 Erosion Control (Construction SWPPP) $54,600 $0 $54,600 $0 $8,190 $10,920 $73,710 Subtotal HMB No. 16 $1,364,910 $0 $1,364,910 $0 $204,736 $272,982 $1,842,628 Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-36Page 265
11/12/2025 Item No.11.

Table B-11
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Toll Brothers at Folsom Ranch Backbone Facilities Constructed Construction SMUD
Make-Up SPIF Construction Contract
SPIF Improvement Costs Escalation Cost Cost [1] Soft Costs Contingency Total Assumption 0.00% 50% 15% 20%
Formula A B C = A+B D = C*50% E = C*20% F = C*10% G = C+D+E+F Construction Make-Up Costs (2023/24$)
Combination Basin No. 5
Combo 5 48-inch RCP CL-IV Storm Drainage Pipeline $75,320 $0 $75,320 $0 $11,298 $15,064 $101,682 Combo 5 48-inch Strom Drain Outfall Structure $30,835 $0 $30,835 $0 $4,625 $6,167 $41,627 Subtotal Combination Basin No. 5 $106,155 $0 $106,155 $0 $15,923 $21,231 $143,309 Subtotal Storm Drain $4,298,483 $0 $4,298,483 $0 $644,772 $859,697 $5,802,951 Habitat
Vernal Pool $9,907 $0 $9,907 $0 $1,486 $1,981 $13,375
Seasonal Wetland $381 $0 $381 $0 $57 $76 $514
Seasonal Wetland Swale $16,385 $0 $16,385 $0 $2,458 $3,277 $22,120 Foraging Habitat $42,304 $0 $42,304 $0 $6,346 $8,461 $57,110 Subtotal Habitat $68,977 $0 $68,977 $0 $10,347 $13,795 $93,119 Total Facilities $17,646,293 $0 $17,646,293 $588,557 $2,646,944 $3,529,259 $24,411,051 Source: SPIF Nexus Study FY 2019-2020 Update; MacKay & Somps; Toll Brothers; EPS.

Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-37Page 266
11/12/2025 Item No.11.

Table B-12
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment CMB Phase 1E Backbone Facilities Reimbursement Analysis Allocation
East of Remaining
Bidwell HMB Percentage Reimburse.

Item Street No. 8 Ph. 1 Total of Total Amount
SPIF Infrastructure Fee Reimbursement
Initial Reimbursement Amount - $2,124,624
Remaining Reimbursement Amount [1] - $1,652,476
Less SPIF Infrastructure Fee Payments - $0
Net Remaining Reimbursement Amount - $1,652,476
SPIF Facility Cost Estimate [2]
Phase 1 Roadways
Rough Grading $5,551 $0 $5,551 0.3% $5,659
Backbone Roadways $435,967 $0 $435,967 26.9% $444,476
Railroad Crossings $0 $0 $0 0.0% $0
City Fiber Optic & Traffic Control System $56,102 $0 $56,102 3.5% $57,197 Signalized Intersections & Improvements $500,719 $0 $500,719 30.9% $510,492 Open Space Vehicular Access Barrier $0 $0 $0 0.0% $0
Off-Site Roadway Improvements $0 $0 $0 0.0% $0
Subtotal Phase 1 Roadways $998,339 $0 $998,339 61.6% $1,017,824 Dry Utility System $0 $0 $0 0.0% $0
Potable Water System $0 $0 $0 0.0% $0
Off-Site Water System $0 $0 $0 0.0% $0
Recycled Water System $0 $0 $0 0.0% $0
Sanitary Sewer System $0 $0 $0 0.0% $0
Storm Drain System $0 $622,503 $622,503 38.4% $634,653
Habitat Mitigation [5] $0 $0 $0 0.0% $0
Total Phase 2 Costs $998,339 $622,503 $1,620,842 100.0% $1,652,477 Source: SPIF Nexus Study FY 2019-20 Update; MacKay & Somps; EPS. [1] Remaining reimbursement amount current as of July 1, 2025.

CMB Phase 1E
Reimbursement Analysis
Phase 2 Construction Plan
[2] Unless otherwise noted, based on the SPIF Infrastructure cost estimates from the SPIF Nexus Study FY 2019-2020 Update, escalated to 2023-24 dollars.

Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-38

11/12/2025 Item No.11.

Table B-13
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment CMB Phase 1E Backbone Facilities Constructed
SPIF Escalated SMUD
Nexus Study SPIF Construction Contract
SPIF Improvement Construction Escalation Cost Cost [1] Soft Costs Contingency Total Assumption 8.87% 50% 15% 20%
Formula A B C = A+B D = C*50% E = C*20% F = C*10% G = C+D+E+F Backbone Roadway Rough Grading
East Bidwell Street
EBS 1A-GD Erosion Control $630 $56 $685 $0 $103 $137 $925 EBS 1A-GD Rough Grade $3,148 $279 $3,427 $0 $514 $685 $4,626 Subtotal East Bidwell Street $3,777 $335 $4,112 $0 $617 $822 $5,551 Subtotal Backbone Roadway Rough Grading $3,777 $335 $4,112 $0 $617 $822 $5,551 Backbone Roadways
East Bidwell Street
EBS 2A East Bidwell - Phase 1A frontage $296,627 $26,311 $322,938 $0 $48,441 $64,588 $435,967 EBS 2A East Bidwell - Phase 1A frontage $55,139 $4,891 $60,030 $0 $9,004 $12,006 $81,040 EBS 1B East Bidwell - Phase 1A frontage $188,736 $16,741 $205,477 $0 $30,822 $41,095 $277,394 EBS 1B East Bidwell - Phase 1A frontage $115,726 $10,265 $125,991 $0 $18,899 $25,198 $170,088 Subtotal Backbone Roadways $656,229 $58,207 $714,436 $0 $107,165 $142,887 $964,489 City Fiber Optic & Traffic Control
East Bidwell Street
EBS 1A E Bidwell - South end $38,171 $3,386 $41,557 $0 $6,234 $8,311 $56,102 EBS 1B E Bidwell - Phase 1A south frontage $59,214 $5,252 $64,467 $0 $9,670 $12,893 $87,030 EBS 2A E Bidwell - Phase 1A north frontage $52,175 $4,628 $56,803 $0 $8,520 $11,361 $76,684 Subtotal City Fiber Optic & Traffic Control $149,561 $13,266 $162,827 $0 $24,424 $32,565 $219,816 Signalized Intersections & Improvements
East Bidwell Street
EBW & Southpointe Traffic Signal & Appurtnances (Regency Pkwy) $340,684 $30,219 $370,903 $0 $55,635 $74,181 $500,719 Storm Drain
Hydromodification Basin
Hydro-Modification Basin No. 21 $423,545 $37,568 $461,113 $0 $69,167 $92,223 $622,503 Subtotal Storm Drain $423,545 $37,568 $461,113 $0 $69,167 $92,223 $622,503 Total Facilities $1,573,795 $139,596 $1,713,391 $0 $257,009 $342,678 $2,313,078 Source: SPIF Nexus Study FY 2019-20 Update; MacKay & Somps; WRSR; EPS. [1] Reflects the estimated cost SMUD will charge for the installation of backbone electrical conductors. [2] Estimate does not include costs for the traffic signals.

SPIF Nexus Study FY 2019-2020 Update Costs
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11/12/2025 Item No.11.

Table B-14
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Russell Ranch Phase 2 Backbone Facilities Reimbursement Analysis Allocation
Empire Folsom Sanitary Hydro- Detention of Remaining
Ranch Mangini Heights Sewer Modification Basin Percentage Reimburse.

Item Road Parkway Drive Lift Station Basin No. 27 No.11 Total of Total Amount SPIF Infrastructure Fee Reimbursement
Initial Reimbursement Amount - - - - - - $17,817,463
Remaining Reimbursement Amount [1] - - - - - - $18,410,785 Less SPIF Infrastructure Fee Payments - - - - - - $0
Net Remaining Reimbursement Amount - - - - - - $18,410,785 SPIF Facility Cost Estimate
Phase 1 Roadways
Rough Grading $988,871 $0 $0 $0 $0 $0 $988,871 5.6% $1,021,800 Backbone Roadways $3,453,048 $333,854 $0 $0 $0 $0 $3,786,902 21.3% $3,913,006 Railroad Crossings $0 $0 $0 $0 $0 $0 $0 0.0% $0
City Fiber Optic & Traffic Control System $112,410 $0 $0 $0 $0 $0 $112,410 0.6% $116,153 Signalized Intersections & Improvements $1,054,557 $0 $0 $0 $0 $0 $1,054,557 5.9% $1,089,674 Open Space Vehicular Access Barrier $102,565 $0 $0 $0 $0 $0 $102,565 0.6% $105,980 Off-Site Roadway Improvements $0 $0 $0 $0 $0 $0 $0 0.0% $0 Subtotal Phase 1 Roadways $5,711,451 $333,854 $6,045,305 33.9% $6,246,613 Dry Utility System $1,318,420 $31,377 $0 $0 $0 $0 $1,349,797 7.6% $1,394,745 Potable Water System $820,411 $0 $0 $0 $0 $0 $820,411 4.6% $847,731 Off-Site Water System $0 $0 $0 $0 $0 $0 $0 0.0% $0
Recycled Water System $296,026 $0 $0 $0 $0 $0 $296,026 1.7% $305,884 Sanitary Sewer System $430,487 $0 $78,062 $2,639,916 $0 $0 $3,148,465 17.7% $3,253,309 Storm Drain System $2,380,638 $0 $0 $0 $2,231,921 $1,138,697 $5,751,256 32.3% $5,942,773 Habitat Mitigation $406,203 $0 $0 $0 $0 $0 $406,203 2.3% $419,730 Total Phase 2 Costs $11,363,636 $365,231 $78,062 $2,639,916 $2,231,921 $1,138,697 $17,817,463 100.0% $18,410,785 Source: SPIF Nexus Study FY 2019-2020 Update; MacKay & Somps; MIC; TNHC; EPS. [1] Relfects reimbursement balance as of July 1, 2025.

Russell Ranch Phase 2
Reimbursement Analysis
Phase 2 Construction Plan
Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-40Page 269
11/12/2025 Item No.11.

Table B-15
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Russell Ranch Phase 2 Backbone Facilities Constructed
Construction Escalated SMUD
Make-Up SPIF Construction Contract
Costs Escalation Cost Cost [1] Soft Costs Contingency Total SPIF Improvement (FY23-24)
Assumption 2.65% 0% 15% 0%
Formula A B C = A+B D = C*50% E = C*20% F = C*10% G = C+D+E+F Backbone Roadway Rough Grading
Empire Ranch Road
ERR 1-GD Mobilization $12,770 $338 $13,108 $0 $1,966 $0 $15,075 ERR 1-GD Clearing & Grubbing $5,375 $142 $5,517 $0 $828 $0 $6,345 ERR 1-GD Tree Removal $8,250 $219 $8,469 $0 $1,270 $0 $9,739 ERR 1-GD Rough Grade Import $304,950 $8,081 $313,031 $0 $46,955 $0 $359,986 ERR 1-GD Erosion Control $2 $0 $2 $0 $0 $0 $2
ERR 2-GD Mobilization $8,760 $232 $8,992 $0 $1,349 $0 $10,341 ERR 2-GD Clearing & Grubbing $3,688 $98 $3,785 $0 $568 $0 $4,353 ERR 2-GD Rough Grade Import $385,200 $10,208 $395,408 $0 $59,311 $0 $454,719 ERR 2-GD Erosion Control $1 $0 $1 $0 $0 $0 $2
CCO #1 Over Excavation of Unsuitable Material $12,417 $329 $12,746 $0 $1,912 $0 $14,658 CCO #2 Plug & Drain Detail $96,276 $2,551 $98,827 $0 $14,824 $0 $113,651 Subtotal Empire Ranch Road $837,689 $22,199 $859,887 $0 $128,983 $0 $988,871 Construction Make-Up Costs (2023/24$)
Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-41Page 270
11/12/2025 Item No.11.

Table B-15
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Russell Ranch Phase 2 Backbone Facilities Constructed
Construction Escalated SMUD
Make-Up SPIF Construction Contract
Costs Escalation Cost Cost [1] Soft Costs Contingency Total SPIF Improvement (FY23-24)
Assumption 2.65% 0% 15% 0%
Formula A B C = A+B D = C*50% E = C*20% F = C*10% G = C+D+E+F Construction Make-Up Costs (2023/24$)
Backbone Roadways
Empire Ranch Road
ERR 1-GD Mobilization $48,000 $1,272 $49,272 $0 $7,391 $0 $56,663 ERR 1-GD Clearing & Grubbing $1,750 $46 $1,796 $0 $269 $0 $2,066 ERR 1-RD Subgrade Preparation $44,049 $1,167 $45,217 $0 $6,783 $0 $51,999 ERR 1-RD 3" Asphalt Concrete (Type 'B') (598 SF) $1,218 $32 $1,250 $0 $188 $0 $1,438 ERR 1-RD 10.5" Aggregate Base (Class 2)(598 SF) $1,548 $41 $1,589 $0 $238 $0 $1,827 ERR 1-RD 5.5" Asphalt Concrete (Type 'B')(65,017 SF) $243,663 $6,457 $250,120 $0 $37,518 $0 $287,638 ERR 1-RD 16" Aggregate Base (Class 2)(65,017 SF) $256,628 $6,801 $263,429 $0 $39,514 $0 $302,943 ERR 1-RD Modified Type 2 Vertical Curb $84,420 $2,237 $86,657 $0 $12,999 $0 $99,656 ERR 1-RD Modified Type 5 Median Curb $64,883 $1,719 $66,602 $0 $9,990 $0 $76,593 ERR 1-RD Curb Ramps $10,000 $265 $10,265 $0 $1,540 $0 $11,805 ERR 1-RD Sidewalk with 6" AB $76,950 $2,039 $78,989 $0 $11,848 $0 $90,838 ERR 1-RD Median Landscaping $319,457 $8,466 $327,922 $0 $49,188 $0 $377,111 ERR 1-RD Concrete Survey Monument $1,250 $33 $1,283 $0 $192 $0 $1,476 ERR 1-RD Stripping & Signs $44,640 $1,183 $45,823 $0 $6,873 $0 $52,696 ERR 1-RD Streetlight Conduit & Pull Boxes $55,870 $1,481 $57,351 $0 $8,603 $0 $65,953 ERR 1-RD Streetlights $139,750 $3,703 $143,453 $0 $21,518 $0 $164,971 ERR 1-RD Streetlight Service Pedestal $12,500 $331 $12,831 $0 $1,925 $0 $14,756 ERR 1-RD 4" Schedule 80 Sleeves $6,640 $176 $6,816 $0 $1,022 $0 $7,838 ERR 1-RD 6" Schedule 80 Sleeves $8,300 $220 $8,520 $0 $1,278 $0 $9,798 ERR 1-RD 26.5-ft Pipe Gate $9,500 $252 $9,752 $0 $1,463 $0 $11,215 ERR 2-RD Mobilization $30,000 $795 $30,795 $0 $4,619 $0 $35,414 ERR 2-RD Clearing & Grubbing $1,100 $29 $1,129 $0 $169 $0 $1,299 ERR 2-RD Subgrade Preparation $33,329 $883 $34,212 $0 $5,132 $0 $39,343 ERR 2-RD 5.5" Asphalt Concrete (Type 'B')(49,484 SF) $185,451 $4,914 $190,365 $0 $28,555 $0 $218,920 ERR 2-RD 16" Aggregate Base (Class 2)(49,484 SF) $195,320 $5,176 $200,496 $0 $30,074 $0 $230,570 ERR 2-RD Modified Type 1 Rolled Curb $1,176 $31 $1,207 $0 $181 $0 $1,388 ERR 2-RD Modified Type 2 Vertical Curb $64,204 $1,701 $65,905 $0 $9,886 $0 $75,791 ERR 2-RD Modified Type 5 Median Curb $50,370 $1,335 $51,705 $0 $7,756 $0 $59,461 ERR 2-RD Curb Ramps $7,500 $199 $7,699 $0 $1,155 $0 $8,854 Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-42Page 271
11/12/2025 Item No.11.

Table B-15
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Russell Ranch Phase 2 Backbone Facilities Constructed
Construction Escalated SMUD
Make-Up SPIF Construction Contract
Costs Escalation Cost Cost [1] Soft Costs Contingency Total SPIF Improvement (FY23-24)
Assumption 2.65% 0% 15% 0%
Formula A B C = A+B D = C*50% E = C*20% F = C*10% G = C+D+E+F Construction Make-Up Costs (2023/24$)
ERR 2-RD Sidewalk with 6" AB $53,505 $1,418 $54,923 $0 $8,238 $0 $63,161 ERR 2-RD Median Landscaping $250,851 $6,648 $257,499 $0 $38,625 $0 $296,124 ERR 2-RD Concrete Survey Monument $1,250 $33 $1,283 $0 $192 $0 $1,476 ERR 2-RD Stripping & Signs $33,306 $883 $34,189 $0 $5,128 $0 $39,317 ERR 2-RD Streetlight Conduit & Pull Boxes $44,400 $1,177 $45,577 $0 $6,836 $0 $52,413 ERR 2-RD Streetlights $118,250 $3,134 $121,384 $0 $18,208 $0 $139,591 ERR 2-RD 4" Schedule 80 Sleeves $3,600 $95 $3,695 $0 $554 $0 $4,250 ERR 2-RD 6" Schedule 80 Sleeves $4,500 $119 $4,619 $0 $693 $0 $5,312 CCO #2 Remove Waddles & DI Protection $2,555 $68 $2,623 $0 $393 $0 $3,016 CCO #2 Additional Grading Outside Limits $2,822 $75 $2,897 $0 $435 $0 $3,331 CCO #3 AC & AB Trucking Fuel Surcharge $17,941 $475 $18,416 $0 $2,762 $0 $21,179 CCO #4 26.5-Ft Pipe Gate $9,500 $252 $9,752 $0 $1,463 $0 $11,215 CCO #4 Added Bollards per RFI 17 $28,000 $742 $28,742 $0 $4,311 $0 $33,053 CCO #4 Added Type III Arrows per RFI 13 $1,475 $39 $1,514 $0 $227 $0 $1,741 CCO #4 Added Stop Legend per RFI 13 $225 $6 $231 $0 $35 $0 $266 CCO #4 Replace 24-inch Crosswalk Striping $750 $20 $770 $0 $115 $0 $885 CCO #4 Credit for Barricades not Installed ($4,960) ($131) ($5,091) $0 ($764) $0 ($5,855) CCO #4 Add Barricades not in Contract $6,600 $175 $6,775 $0 $1,016 $0 $7,791 CCO #4 Add Sidewalk Barricades $4,675 $124 $4,799 $0 $720 $0 $5,519 CCO #4 Fix Concrete Damaged By SMUD $1,541 $41 $1,582 $0 $237 $0 $1,819 CCO #5 Additional Grading Outside Limits $6,677 $177 $6,854 $0 $1,028 $0 $7,882 CCO #5 Median Work on Rough Horse Way $4,465 $118 $4,583 $0 $687 $0 $5,271 CCO #5 AC Driveway $20,602 $546 $21,148 $0 $3,172 $0 $24,320 CCO #6 Signing & Stripping per RFI 15 REV1 $30,324 $804 $31,128 $0 $4,669 $0 $35,797 Subtotal Empire Ranch Road $2,642,320 $70,021 $2,712,341 $0 $406,851 $0 $3,119,194 Mangini Parkway Class 1 Trail
CL-1 T Subgrade Preparation $22,804 $604 $23,408 $0 $3,511 $0 $26,919 CL-1 T 3" Asphalt Concrete (Type 'B') $83,685 $2,218 $85,903 $0 $12,885 $0 $98,788 CL-1 T 8" Aggregate Base (Class 2) $80,960 $2,145 $83,105 $0 $12,466 $0 $95,571 CL-1 T 4" Decomposed Granite Shoulder $81,494 $2,160 $83,653 $0 $12,548 $0 $96,201 CL-1 T 4" Dashed Yellow Stripe $8,841 $234 $9,075 $0 $1,361 $0 $10,436 CL-1 T Trail Stop Bar & Marking $900 $24 $924 $0 $139 $0 $1,062 CL-1 T 10-ft Bike Path (6" PCC/6"AB) Mangini Pkwy $4,131 $109 $4,240 $0 $636 $0 $4,877 Subtotal Mangini Parkway Class 1 Trail $282,814 $7,495 $290,309 $0 $43,546 $0 $333,854 Subtotal Backbone Roadways $2,925,134 $77,516 $3,002,650 $0 $450,397 $0 $3,453,048 Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-43Page 272
11/12/2025 Item No.11.

Table B-15
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Russell Ranch Phase 2 Backbone Facilities Constructed
Construction Escalated SMUD
Make-Up SPIF Construction Contract
Costs Escalation Cost Cost [1] Soft Costs Contingency Total SPIF Improvement (FY23-24)
Assumption 2.65% 0% 15% 0%
Formula A B C = A+B D = C*50% E = C*20% F = C*10% G = C+D+E+F Construction Make-Up Costs (2023/24$)
City Fiber Optic & Traffic Control
Empire Ranch Road
ERR 1-FO Empire Ranch Road (109+70 to 129+30) $48,200 $1,277 $49,477 $0 $7,422 $0 $56,899 ERR 2-FO Empire Ranch Road (129+30 to 145+60) $40,750 $1,080 $41,830 $0 $6,274 $0 $48,104 FHD 1-FO Empire Ranch Road (129+30 to 145+60) $6,275 $166 $6,441 $0 $966 $0 $7,407 Subtotal Empire Ranch Road $95,225 $2,523 $97,748 $0 $14,662 $0 $112,410 Signalized Intersections & Improvements
Intx. No 15 - Mangini Parkway and Empire Ranch Road
MP/ERR Mobilization $22,000 $583 $22,583 $0 $3,387 $0 $25,970 MP/ERR Clearing & Grubbing $775 $21 $796 $0 $119 $0 $915 MP/ERR Subgrade Preparation $29,258 $775 $30,033 $0 $4,505 $0 $34,538 MP/ERR Grind & Overlay $2,226 $59 $2,285 $0 $343 $0 $2,628 MP/ERR 4" Asphalt Concrete (Type 'B')(950 SF) $2,589 $69 $2,658 $0 $399 $0 $3,057 MP/ERR 12" Aggregate Base (Class 2)(950 SF) $2,812 $75 $2,887 $0 $433 $0 $3,319 MP/ERR 5.5" Asphalt Concrete (Type 'B')(43,255 SF) $162,110 $4,296 $166,405 $0 $24,961 $0 $191,366 MP/ERR 16" Aggregate Base (Class 2)(43,255 SF) $170,732 $4,524 $175,256 $0 $26,288 $0 $201,545 MP/ERR Modified Type 2 Vertical Curb $50,260 $1,332 $51,592 $0 $7,739 $0 $59,331 MP/ERR Modified Type 5 Median Curb $38,939 $1,032 $39,971 $0 $5,996 $0 $45,967 MP/ERR Curb Ramps $10,000 $265 $10,265 $0 $1,540 $0 $11,805 MP/ERR Sidewalk with 6" AB $49,433 $1,310 $50,742 $0 $7,611 $0 $58,354 MP/ERR Median Landscaping $169,311 $4,487 $173,798 $0 $26,070 $0 $199,868 MP/ERR Concrete Survey Monument $1,250 $33 $1,283 $0 $192 $0 $1,476 MP/ERR Stripping & Signs $29,927 $793 $30,720 $0 $4,608 $0 $35,328 MP/ERR Streetlight Conduit & Pull Boxes $33,300 $882 $34,182 $0 $5,127 $0 $39,310 MP/ERR Streetlights $86,000 $2,279 $88,279 $0 $13,242 $0 $101,521 MP/ERR Streetlight Service Pedestal $12,500 $331 $12,831 $0 $1,925 $0 $14,756 MP/ERR 2-3" Signal Conduit $8,750 $232 $8,982 $0 $1,347 $0 $10,329 MP/ERR 4" Schedule 80 Sleeves $4,960 $131 $5,091 $0 $764 $0 $5,855 MP/ERR 6" Schedule 80 Sleeves $6,200 $164 $6,364 $0 $955 $0 $7,319 Subtotal Signalized Intersections & Improvements $893,331 $23,673 $917,004 $0 $137,551 $0 $1,054,557 Open Space Vehicular Access Barrier
Empire Ranch Road
ERR 1 Empire Ranch Road (109+75 to 129+30) $49,644 $1,316 $50,960 $0 $7,644 $0 $58,604 ERR 2 Empire Ranch Road (129+30 to 145+60) $37,240 $987 $38,227 $0 $5,734 $0 $43,961 Subtotal Open Space Vehicular Access Barrier $86,884 $2,302 $89,186 $0 $13,378 $0 $102,565 Class 1 Trail
Subtotal Class 1 Trail $282,814 $7,495 $290,309 $0 $43,546 $0 $333,854 Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-44Page 273
11/12/2025 Item No.11.

Table B-15
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Russell Ranch Phase 2 Backbone Facilities Constructed
Construction Escalated SMUD
Make-Up SPIF Construction Contract
Costs Escalation Cost Cost [1] Soft Costs Contingency Total SPIF Improvement (FY23-24)
Assumption 2.65% 0% 15% 0%
Formula A B C = A+B D = C*50% E = C*20% F = C*10% G = C+D+E+F Construction Make-Up Costs (2023/24$)
Dry Utilities
Empire Ranch Road
ERR 1-DU Empire Ranch Road (109+75 to 129+30) $666,791 $17,670 $684,461 $0 $102,669 $0 $787,130 ERR 2-DU Empire Ranch Road (129+30 to 145+60) $450,065 $11,927 $461,991 $0 $69,299 $0 $531,290 Subtotal Empire Ranch Road $1,116,855 $29,597 $1,146,452 $0 $171,968 $0 $1,318,420 Mangini Parkway
MP 8-DU Mangini Parkway (Sta 300+25 to Sta 301+30) $26,580 $704 $27,284 $0 $4,093 $0 $31,377 Subtotal Dry Utilities $1,143,435 $30,301 $1,173,736 $0 $176,060 $0 $1,349,797 Potable Water
Empire Ranch Road
ERR 1-W 8" Water Main PVC C-900 CL235 $72,384 $1,918 $74,302 $0 $11,145 $0 $85,448 ERR 1-W 12" Water Main PVC C-900 CL235 $167,440 $4,437 $171,877 $0 $25,782 $0 $197,659 ERR 1-W 8" Gate Valve $14,250 $378 $14,628 $0 $2,194 $0 $16,822 ERR 1-W 12" Butterfly Valve $12,750 $338 $13,088 $0 $1,963 $0 $15,051 ERR 1-W Fire Hydrant (6" Lead) $28,500 $755 $29,255 $0 $4,388 $0 $33,644 ERR 1-W Fire Hydrant (8" Lead) $43,500 $1,153 $44,653 $0 $6,698 $0 $51,351 ERR 1-W 4" Blow-Off Valve $5,250 $139 $5,389 $0 $808 $0 $6,197 ERR 2-W 8" Water Main PVC C-900 CL235 $28,512 $756 $29,268 $0 $4,390 $0 $33,658 ERR 2-W 12" Water Main PVC C-900 CL235 $16,510 $438 $16,948 $0 $2,542 $0 $19,490 ERR 2-W 16" Water Main PVC C-905 CL235 $208,936 $5,537 $214,473 $0 $32,171 $0 $246,644 ERR 2-W 8" Gate Valve $5,700 $151 $5,851 $0 $878 $0 $6,729 ERR 2-W 12" Butterfly Valve $8,500 $225 $8,725 $0 $1,309 $0 $10,034 ERR 2-W 16" Butterfly Valve $15,000 $398 $15,398 $0 $2,310 $0 $17,707 ERR 2-W Fire Hydrant (6" Lead) $19,000 $504 $19,504 $0 $2,926 $0 $22,429 ERR 2-W Fire Hydrant (8" Lead) $43,500 $1,153 $44,653 $0 $6,698 $0 $51,351 ERR 2-W 4" Blow-Off Valve $5,250 $139 $5,389 $0 $808 $0 $6,197 Subtotal Potable Water $694,982 $18,417 $713,399 $0 $107,010 $0 $820,411 Non-Potable Water
Empire Ranch Road
ERR 1-NP 6" Water Main PVC C-900 CL235 $98,568 $2,612 $101,180 $0 $15,177 $0 $116,357 ERR 1-NP 8" Water Main PVC C-900 CL235 $2,112 $56 $2,168 $0 $325 $0 $2,493 ERR 1-NP 6" Gate Valve $7,350 $195 $7,545 $0 $1,132 $0 $8,676 ERR 1-NP 8" Gate Valve $2,850 $76 $2,926 $0 $439 $0 $3,364 ERR 1-NP 4" Blow-Off Valve $4,500 $119 $4,619 $0 $693 $0 $5,312 ERR 1-NP 2" Irrigation Service $9,300 $246 $9,546 $0 $1,432 $0 $10,978 ERR 2-NP 8" Water Main PVC C-900 CL235 $104,640 $2,773 $107,413 $0 $16,112 $0 $123,525 ERR 2-NP 8" Gate Valve $2,850 $76 $2,926 $0 $439 $0 $3,364 ERR 2-NP 2" Irrigation Service $18,600 $493 $19,093 $0 $2,864 $0 $21,957 Subtotal Non-Potable Water $250,770 $6,645 $257,415 $0 $38,612 $0 $296,026 Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-45Page 274
11/12/2025 Item No.11.

Table B-15
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Russell Ranch Phase 2 Backbone Facilities Constructed
Construction Escalated SMUD
Make-Up SPIF Construction Contract
Costs Escalation Cost Cost [1] Soft Costs Contingency Total SPIF Improvement (FY23-24)
Assumption 2.65% 0% 15% 0%
Formula A B C = A+B D = C*50% E = C*20% F = C*10% G = C+D+E+F Construction Make-Up Costs (2023/24$)
Sanitary Sewer
Empire Ranch Road Pipeline
ERR 1-SS 8" Sanitary Sewer Pipe PVC SDR 26 $110,968 $2,941 $113,909 $0 $17,086 $0 $130,995 ERR 1-SS 48" Sanitary Sewer Manhole $31,500 $835 $32,335 $0 $4,850 $0 $37,185 ERR 1-SS 48" Sanitary Sewer Manhole w/Epoxy $16,500 $437 $16,937 $0 $2,541 $0 $19,478 ERR 1-SS 60" Sanitary Sewer Manhole W/Epoxy $20,000 $530 $20,530 $0 $3,080 $0 $23,610 ERR 2-SS 8" Sanitary Sewer Pipe PVC SDR 26 $143,704 $3,808 $147,512 $0 $22,127 $0 $169,639 ERR 2-SS 48" Sanitary Sewer Manhole $42,000 $1,113 $43,113 $0 $6,467 $0 $49,580 Subtotal Empire Ranch Road $364,672 $9,664 $374,336 $0 $56,150 $0 $430,487 Folsom Heights Drive (10+00 to 12+82)
FH 1-SS 8" Sanitary Sewer Pipe PVC SDR 26 $33,968 $900 $34,868 $0 $5,230 $0 $40,098 FH 1-SS 10" Sanitary Sewer Pipe PVC SDR 26 $5,160 $137 $5,297 $0 $795 $0 $6,091 FH 1-SS 48" Sanitary Sewer Manhole $10,500 $278 $10,778 $0 $1,617 $0 $12,395 FH 1-SS 48" Sanitary Sewer Manhole w/Epoxy $16,500 $437 $16,937 $0 $2,541 $0 $19,478 Subtotal Folsom Heights Drive $66,128 $1,752 $67,880 $0 $10,182 $0 $78,062 Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-46Page 275
11/12/2025 Item No.11.

Table B-15
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Russell Ranch Phase 2 Backbone Facilities Constructed
Construction Escalated SMUD
Make-Up SPIF Construction Contract
Costs Escalation Cost Cost [1] Soft Costs Contingency Total SPIF Improvement (FY23-24)
Assumption 2.65% 0% 15% 0%
Formula A B C = A+B D = C*50% E = C*20% F = C*10% G = C+D+E+F Construction Make-Up Costs (2023/24$)
Russell Ranch Sanitary Sewer Lift Station
ERR 1-SSLS Lift Station $1,957,900 $51,884 $2,009,784 $0 $301,468 $0 $2,311,252 ERR 1-SSLS 6" Fused PVC C900 DR 25 Force Main $187,600 $4,971 $192,571 $0 $28,886 $0 $221,457 ERR 1-SSLS 6" Fused PVC C900 DR 25 Force Main $69,800 $1,850 $71,650 $0 $10,747 $0 $82,397 ERR 1-SSLS CO No. 1-Additional Keypad & Dual Goose Neck $1,117 $30 $1,147 $0 $172 $0 $1,319 ERR 1-SSLS Lupton Excavation CO-SMUD Transformer Pad $19,900 $527 $20,427 $0 $3,064 $0 $23,491 Subtotal Russell Ranch Sanitary Sewer Lift Station $2,236,317 $59,262 $2,295,579 $0 $344,337 $0 $2,639,916 Subtotal Sanitary Sewer $2,667,117 $70,679 $2,737,796 $0 $410,669 $0 $3,148,465 Storm Drain
Empire Ranch Road Pipeline
ERR 1-SD 12" RCP CL III Storm Drain Pipeline $75,800 $2,009 $77,809 $0 $11,671 $0 $89,480 ERR 1-SD 18" RCP CL III Storm Drain Pipeline $25,320 $671 $25,991 $0 $3,899 $0 $29,890 ERR 1-SD 24" RCP CL III Storm Drain Pipeline $15,340 $407 $15,747 $0 $2,362 $0 $18,108 ERR 1-SD 36" RCP CL III Storm Drain Pipeline $232,200 $6,153 $238,353 $0 $35,753 $0 $274,106 ERR 1-SD 42" RCP CL III Storm Drain Pipeline $56,000 $1,484 $57,484 $0 $8,623 $0 $66,107 ERR 1-SD 48" RCP CL III Storm Drain Pipeline $260,400 $6,901 $267,301 $0 $40,095 $0 $307,396 ERR 1-SD 54" RCP CL III Storm Drain Pipeline $34,300 $909 $35,209 $0 $5,281 $0 $40,490 ERR 1-SD Type 'B' Drain Inlet $41,850 $1,109 $42,959 $0 $6,444 $0 $49,403 ERR 1-SD Type 'GOL-7' Drain Inlet $31,400 $832 $32,232 $0 $4,835 $0 $37,067 ERR 1-SD Type 'F' Drain Inlet $16,250 $431 $16,681 $0 $2,502 $0 $19,183 ERR 1-SD 60-inch Storm Drain Manhole $30,750 $815 $31,565 $0 $4,735 $0 $36,300 ERR 1-SD 72-inch Storm Drain Manhole $69,750 $1,848 $71,598 $0 $10,740 $0 $82,338 ERR 1-SD 84-inch Storm Drain Manhole $20,250 $537 $20,787 $0 $3,118 $0 $23,905 ERR 1-SD 96-inch Storm Drain Manhole $33,250 $881 $34,131 $0 $5,120 $0 $39,251 ERR 1-SD 8-ft x 8-ft Junction box $55,000 $1,458 $56,458 $0 $8,469 $0 $64,926 ERR 1-SD 18" Grouted Cobble Outfall Structure $40,000 $1,060 $41,060 $0 $6,159 $0 $47,219 ERR 1-SD 24" Grouted Cobble Outfall Structure $40,000 $1,060 $41,060 $0 $6,159 $0 $47,219 ERR 2-SD 12" RCP CL III Storm Drain Pipeline $75,500 $2,001 $77,501 $0 $11,625 $0 $89,126 ERR 2-SD 15" RCP CL III Storm Drain Pipeline $9,870 $262 $10,132 $0 $1,520 $0 $11,651 ERR 2-SD 18" RCP CL III Storm Drain Pipeline $15,480 $410 $15,890 $0 $2,384 $0 $18,274 ERR 2-SD 24" RCP CL III Storm Drain Pipeline $23,270 $617 $23,887 $0 $3,583 $0 $27,470 ERR 2-SD 30" RCP CL III Storm Drain Pipeline $293,300 $7,772 $301,072 $0 $45,161 $0 $346,233 ERR 2-SD 36" RCP CL III Storm Drain Pipeline $29,925 $793 $30,718 $0 $4,608 $0 $35,326 ERR 2-SD 48-inch Storm Drain Manhole $13,900 $368 $14,268 $0 $2,140 $0 $16,409 ERR 2-SD 60-inch Storm Drain Manhole $51,250 $1,358 $52,608 $0 $7,891 $0 $60,499 ERR 2-SD 72-inch Storm Drain Manhole $27,900 $739 $28,639 $0 $4,296 $0 $32,935 ERR 2-SD 84-inch Storm Drain Manhole $20,250 $537 $20,787 $0 $3,118 $0 $23,905 ERR 2-SD Type 'B' Drain Inlet $37,200 $986 $38,186 $0 $5,728 $0 $43,914 ERR 2-SD Type 'GOL-7' Drain Inlet $39,250 $1,040 $40,290 $0 $6,044 $0 $46,334 ERR 2-SD Type 'F' Drain Inlet $26,000 $689 $26,689 $0 $4,003 $0 $30,692 ERR 2-SD 24" Grouted Cobble Outfall Structure $40,000 $1,060 $41,060 $0 $6,159 $0 $47,219 CCO #2 Remove & Replace 16-inch Pipe $14,940 $396 $15,336 $0 $2,300 $0 $17,636 CCO #2 Screened Rock Piles $17,701 $469 $18,170 $0 $2,725 $0 $20,895 CCO #2 Handle Excess Underground Spoils $203,081 $5,382 $208,463 $0 $31,269 $0 $239,732 Subtotal Empire Ranch Road $2,016,677 $53,442 $2,070,118 $0 $310,518 $0 $2,380,638 Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-47Page 276
11/12/2025 Item No.11.

Table B-15
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Russell Ranch Phase 2 Backbone Facilities Constructed
Construction Escalated SMUD
Make-Up SPIF Construction Contract
Costs Escalation Cost Cost [1] Soft Costs Contingency Total SPIF Improvement (FY23-24)
Assumption 2.65% 0% 15% 0%
Formula A B C = A+B D = C*50% E = C*20% F = C*10% G = C+D+E+F Construction Make-Up Costs (2023/24$)
Hydro-modification Basin No. 27
HMB 27 Mobilization $3,710 $98 $3,808 $0 $571 $0 $4,380 HMB 27 Clearing & Grubbing $1,563 $41 $1,604 $0 $241 $0 $1,844 HMB 27 Tree Removal $24,750 $656 $25,406 $0 $3,811 $0 $29,217 HMB 27 Rough Grade Excavation $37,450 $992 $38,442 $0 $5,766 $0 $44,209 HMB 27 Rough Grade Import $85,600 $2,268 $87,868 $0 $13,180 $0 $101,049 HMB 27 Subgrade Preparation $17,499 $464 $17,963 $0 $2,694 $0 $20,658 HMB 27 Basin Finish Grading $37,200 $986 $38,186 $0 $5,728 $0 $43,914 HMB 27 24" RCP CL III Storm Drain Pipeline $2,250 $60 $2,310 $0 $346 $0 $2,656 HMB 27 30" RCP CL III Storm Drain Pipeline $65,500 $1,736 $67,236 $0 $10,085 $0 $77,321 HMB 27 48" RCP CL III Storm Drain Pipeline w/30' CSLM $44,175 $1,171 $45,346 $0 $6,802 $0 $52,147 HMB 27 54" RCP CL III Storm Drain Pipeline $284,000 $7,526 $291,526 $0 $43,729 $0 $335,255 HMB 27 30" Storm Drain Outfall Structure- Drain 'Q' $80,000 $2,120 $82,120 $0 $12,318 $0 $94,438 HMB 27 48" Storm Drain Outfall Structure - Drain 'O' $100,000 $2,650 $102,650 $0 $15,398 $0 $118,048 HMB 27 54" Storm Drain Outfall Structure - Drain 'M' $75,000 $1,988 $76,988 $0 $11,548 $0 $88,536 HMB 27 60-inch Storm Drain Manhole $22,500 $596 $23,096 $0 $3,464 $0 $26,561 HMB 27 96-inch Storm Drain Manhole $29,500 $782 $30,282 $0 $4,542 $0 $34,824 HMB 27 8'x8' Storm Drain Junction Box $130,000 $3,445 $133,445 $0 $20,017 $0 $153,462 HMB 27 9'x9' Storm Drain Junction Box $80,000 $2,120 $82,120 $0 $12,318 $0 $94,438 HMB 27 Detention Basin Outlet Control Structure - Large $425,000 $11,263 $436,263 $0 $65,439 $0 $501,702 HMB 27 12-ft Wide Concrete Access Ramp (Conc. Only) $42,500 $1,126 $43,626 $0 $6,544 $0 $50,170 HMB 27 12-ft Wide Concrete Access Ramp (AB Only) $4,608 $122 $4,730 $0 $710 $0 $5,440 HMB 27 12-ft Wide Basin Access Road (3"AC) $51,030 $1,352 $52,382 $0 $7,857 $0 $60,240 HMB 27 12-ft Wide Basin Access Road (7.5" AB) $46,280 $1,226 $47,506 $0 $7,126 $0 $54,632 HMB 27 Drainage Structure Rim & Frame Top out $3,650 $97 $3,747 $0 $562 $0 $4,309 HMB 27 Concrete Spillway (Conc. Only) $75,000 $1,988 $76,988 $0 $11,548 $0 $88,536 HMB 27 Concrete Spillway (AB Only) $6,624 $176 $6,800 $0 $1,020 $0 $7,819 HMB 27 Removable Bollards $10,500 $278 $10,778 $0 $1,617 $0 $12,395 HMB 27 Post & Cable Barrier $16,604 $440 $17,044 $0 $2,557 $0 $19,601 HMB 27 Rock Lined Swale $9,900 $262 $10,162 $0 $1,524 $0 $11,687 HMB 27 Grouted Cobble Overside Ditch $20,196 $535 $20,731 $0 $3,110 $0 $23,841 HMB 27 Detention Basin Planting (Hydro-Seeding) $3,050 $81 $3,131 $0 $470 $0 $3,600 HMB 27 Erosion Control (Construction SWPPP) $26,136 $693 $26,829 $0 $4,024 $0 $30,853 HMB 27 75% Share CCO # 1 Rip Rap at Outfalls & Spillways$28,920 $766 $29,686 $0 $4,453 $0 $34,139 Subtotal HMB 27 $1,890,695 $50,103 $1,940,798 $0 $291,120 $0 $2,231,921 Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-48Page 277
11/12/2025 Item No.11.

Table B-15
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Russell Ranch Phase 2 Backbone Facilities Constructed
Construction Escalated SMUD
Make-Up SPIF Construction Contract
Costs Escalation Cost Cost [1] Soft Costs Contingency Total SPIF Improvement (FY23-24)
Assumption 2.65% 0% 15% 0%
Formula A B C = A+B D = C*50% E = C*20% F = C*10% G = C+D+E+F Construction Make-Up Costs (2023/24$)
Storm Drain Detention Basin No. 11
DB # 11 Mobilization $4,160 $110 $4,270 $0 $641 $0 $4,911 DB # 11 Clearing & Grubbing $1,750 $46 $1,796 $0 $269 $0 $2,066 DB # 11 Import $214,000 $5,671 $219,671 $0 $32,951 $0 $252,622 DB # 11 Subgrade Preparation $4,838 $128 $4,966 $0 $745 $0 $5,711 DB # 11 Basin Finish Grading $47,830 $1,267 $49,097 $0 $7,365 $0 $56,462 DB # 11 12" RCP CL III Storm Drain Pipeline $5,100 $135 $5,235 $0 $785 $0 $6,020 DB # 11 48" RCP CL III Storm Drain Pipeline w/60' CSLM $122,550 $3,248 $125,798 $0 $18,870 $0 $144,667 DB # 11 Type 'A' Drain Inlet $4,250 $113 $4,363 $0 $654 $0 $5,017 DB # 11 Twin 48-inch Storm Drain Outfall Structure $130,000 $3,445 $133,445 $0 $20,017 $0 $153,462 DB # 11 Detention Basin Outlet Control Structure - Large $275,000 $7,288 $282,288 $0 $42,343 $0 $324,631 DB # 11 AC Dike $11,966 $317 $12,283 $0 $1,842 $0 $14,126 DB # 11 12-ft Wide Concrete Access Ramp (Conc. Only) $75,000 $1,988 $76,988 $0 $11,548 $0 $88,536 DB # 11 12-ft Wide Concrete Access Ramp (AB Only) $8,870 $235 $9,105 $0 $1,366 $0 $10,471 DB # 11 12-ft Wide Basin Access Road (3"AC) $9,240 $245 $9,485 $0 $1,423 $0 $10,908 DB # 11 12-ft Wide Basin Access Road (7.5" AB) $8,360 $222 $8,582 $0 $1,287 $0 $9,869 DB # 11 Detention Basin Planting (Hydro-Seeding) $2,820 $75 $2,895 $0 $434 $0 $3,329 DB # 11 Erosion Control (Construction SWPPP) $29,273 $776 $30,049 $0 $4,507 $0 $34,556 DB # 11 25% Share CCO # 1 Rip Rap at Outfalls & Spillways$9,600 $254 $9,854 $0 $1,478 $0 $11,333 Subtotal Detention Basin 11 $964,607 $25,562 $990,169 $0 $148,525 $0 $1,138,697 Subtotal Storm Drain $4,871,978 $129,107 $5,001,086 $0 $750,163 $0 $5,751,256 Habitat Mitigation
Seasonal Wetland (Floodplain Mosaic) (0.02 acres) $3,000 $80 $3,080 $0 $462 $0 $3,541 Seasonal Wetland (Floodplain Mosaic) (0.27 acres) $40,500 $1,073 $41,573 $0 $6,236 $0 $47,809 Intermittent Drainage (0.07 acres) $6,650 $176 $6,826 $0 $1,024 $0 $7,850 SWHA Credits (45.93 acres) $293,952 $7,790 $301,742 $0 $45,261 $0 $347,003 Subtotal Storm Drain $344,102 $9,119 $353,221 $0 $52,983 $0 $406,203 Total Facilities $14,810,647 $392,482 $15,203,129 $0 $2,280,469 $0 $17,483,609 Source: SPIF Nexus Study FY 2019-2020 Update; MacKay & Somps; EPS. [1] Reflects the estimated cost SMUD will charge for the installation of backbone electrical conductors. [2] Estimate does not include costs for the traffic signals.

Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-49Page 278
11/12/2025 Item No.11.

Table B-16
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Russell Ranch Phase 3 Backbone Facilities Reimbursement Analysis Allocation
Scenic Russell Zone 4 of Remaining
Vista Ranch Placerville Westwood Storage Percentage Reimburse.

Item Court Road Road Drive Tank Total of Total Amount
SPIF Infrastructure Fee Reimbursement
Initial Reimbursement Amount - - $1,304,979
Remaining Reimbursement Amount [1] - - $1,348,435
Less SPIF Infrastructure Fee Payments - - $0
Net Remaining Reimbursement Amount - - $1,348,435
SPIF Facility Cost Estimate [4]
Phase 1 Roadways
Rough Grading $0 $0 $0 $0 $0 $0 0.0% $0
Backbone Roadways $204,844 $73,411 $0 $0 $0 $278,255 21.3% $287,521 Railroad Crossings $0 $0 $0 $0 $0 $0 0.0% $0
City Fiber Optic & Traffic Control System $0 $0 $0 $0 $0 $0 0.0% $0 Signalized Intersections & Improvements $0 $0 $0 $0 $0 $0 0.0% $0 Open Space Vehicular Access Barrier $0 $0 $0 $0 $0 $0 0.0% $0 Off-Site Roadway Improvements $0 $0 $0 $0 $0 $0 0.0% $0 Subtotal Phase 1 Roadways $204,844 $73,411 $0 $0 $0 $278,255 21.3% $287,521 Dry Utility System $0 $0 $0 $0 $0 $0 0.0% $0
Potable Water System $0 $0 $408,175 $0 $134,067 $542,242 41.6% $560,299 Off-Site Water System $0 $0 $0 $0 $0 $0 0.0% $0
Recycled Water System $0 $0 $0 $0 $0 $0 0.0% $0
Sanitary Sewer System $0 $0 $0 $374,151 $0 $374,151 28.7% $386,610 Storm Drain System $0 $0 $0 $110,331 $0 $110,331 8.5% $114,005 Habitat Mitigation $0 $0 $0 $0 $0 $0 0.0% $0
Total Phase 2 Costs $204,844 $73,411 $408,175 $484,482 $134,067 $1,304,979 100.0% $1,348,435 Source: SPIF Nexus Study FY 2019-20 Update; MacKay & Somps; EPS. [1] Relfects reimbursement balance as of July 1, 2025.

Russell Ranch Phase 3
Reimbursement Analysis
Phase 2 Construction Plan
Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-50Page 279
11/12/2025 Item No.11.

Table B-17
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Russell Ranch Phase 3 Backbone Facilities Constructed
Construction Escalated SMUD
Make-Up SPIF Construction Contract
SPIF Improvement Costs Escalation Cost Cost [1] Soft Costs Contingency Total (FY 23-24)
Assumption 2.65% 0% 15% 0%
Formula A B C = A+B D = C*50% E = C*20% F = C*10% G = C+D+E+F Backbone Roadways
Scenic Vista Court (Sta 34+15 to Sta 36+45)
SVC-1-RW Subgrade Preparation $11,092 $294 $11,386 $0 $1,708 $0 $13,093 SVC-1-RW 3" AC over 10.5" AB $64,511 $1,710 $66,221 $0 $9,933 $0 $76,154 SVC-1-RW Mountable Curb & Gutter $14,697 $389 $15,086 $0 $2,263 $0 $17,349 SVC-1-RW Modified Type 2 Vertical Curb & Gutter $1,817 $48 $1,865 $0 $280 $0 $2,145 SVC-1-RW 5-Ft Wide Conc. Sidewalk with 6"AB $27,433 $727 $28,160 $0 $4,224 $0 $32,383 SVC-1-RW Street Name Sign on Post $450 $12 $462 $0 $69 $0 $531 SVC-1-RW Stop Sign on Street Name Post $450 $12 $462 $0 $69 $0 $531 SVC-1-RW Streetlights $27,300 $723 $28,023 $0 $4,204 $0 $32,227 SVC-1-RW 1-Inch Water Service $13,725 $364 $14,089 $0 $2,113 $0 $16,202 SVC-1-RW 2-Inch Irrigation Service $6,250 $166 $6,416 $0 $962 $0 $7,378 SVC-1-RW 2 Combination Air/Vacuum Relief Valve $5,500 $146 $5,646 $0 $847 $0 $6,493 SVC-1-RW CCO #1 Item 13: Concrete Materials Price Increases $303 $8 $311 $0 $47 $0 $358 Subtotal Scenic Vista Court $173,528 $4,598 $178,126 $0 $26,719 $0 $204,844 Russell Ranch Road (15+80 to 180+00)
RRR-RD Subgrade Preparation $4,392 $116 $4,508 $0 $676 $0 $5,185 RRR-RD 3" AC over 10.5" AB $24,577 $651 $25,228 $0 $3,784 $0 $29,012 RRR-RD Modified Type 2 Vertical Curb $8,418 $223 $8,641 $0 $1,296 $0 $9,937 RRR-RD 5-Ft Wide Conc. Sidewalk with 6"AB $7,293 $193 $7,486 $0 $1,123 $0 $8,609 RRR-RD Streetlights $13,650 $362 $14,012 $0 $2,102 $0 $16,113 RRR-RD 4" Schedule 80 Sleeves $2,500 $66 $2,566 $0 $385 $0 $2,951 RRR-RD 6" Schedule 80 Sleeves $1,250 $33 $1,283 $0 $192 $0 $1,476 RRR-RD CCO #1 Item 13: Concrete Materials Price Increases $109 $3 $112 $0 $17 $0 $128 Subtotal Russell Ranch Road $62,189 $1,648 $63,837 $0 $9,575 $0 $73,411 Subtotal Backbone Roadways $235,716 $6,246 $241,963 $0 $36,294 $0 $278,255 Construction Make-Up Costs (2023/24$)
Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-51Page 280
11/12/2025 Item No.11.

Table B-17
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Russell Ranch Phase 3 Backbone Facilities Constructed
Construction Escalated SMUD
Make-Up SPIF Construction Contract
SPIF Improvement Costs Escalation Cost Cost [1] Soft Costs Contingency Total (FY 23-24)
Assumption 2.65% 0% 15% 0%
Formula A B C = A+B D = C*50% E = C*20% F = C*10% G = C+D+E+F Construction Make-Up Costs (2023/24$)
Potable Water
Placerville Road Cooridor (Sta 52+40 to Sta 78+30)
PRC-4-W 16" Water Main PVC C-905 CL 235 $201,825 $5,348 $207,173 $0 $31,076 $0 $238,249 PRC-4-W 16" Butterfly Valves $25,000 $663 $25,663 $0 $3,849 $0 $29,512 PRC-4-W 6" Blow-Off Valve $5,650 $150 $5,800 $0 $870 $0 $6,670 PRC-4-W 2" Combination Air/Vacuum Relief Valve $11,000 $292 $11,292 $0 $1,694 $0 $12,985 PRC-4-W CCO #1 Item 11: Water Materials Price Increases $49,157 $1,303 $50,460 $0 $7,569 $0 $58,029 PRC-4-W CCO #1 Item 6: Relocate Existing Fiber Optic Line in Conflict with Placerville Rd 16-inch Water Main$53,139 $1,408 $54,547 $0 $8,182 $0 $62,730 Subtotal Placerville Road $345,771 $9,163 $354,934 $0 $53,240 $0 $408,175 Zone 4 Storage Tank - Site Preparation & Utility Extensions Mobilization/Demobilization (2% of Total) $1,145 $30 $1,176 $0 $176 $0 $1,352 Clearing & Grubbing $422 $11 $433 $0 $65 $0 $498
Pad Construction (Portion) $42,800 $1,134 $43,934 $0 $6,590 $0 $50,524 Dry Utility Service $4,500 $119 $4,619 $0 $693 $0 $5,312 1-Inch Metered Water Service $1,525 $40 $1,565 $0 $235 $0 $1,800 2-Inch Non-Potable Irrigation Service $6,250 $166 $6,416 $0 $962 $0 $7,378 Reseeding (Hydro-Seeding) $1,764 $47 $1,811 $0 $272 $0 $2,082 CCO # 1 Item No.4: City Fiber Optic Conduit to Zone 4 Tank Site $55,165 $1,462 $56,627 $0 $8,494 $0 $65,121 Subtotal Z4 Storage Tank $113,571 $3,010 $116,580 $0 $17,487 $0 $134,067 Subtotal Potable Water $459,342 $12,173 $471,515 $0 $70,727 $0 $542,242 Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-52Page 281
11/12/2025 Item No.11.

Table B-17
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Russell Ranch Phase 3 Backbone Facilities Constructed
Construction Escalated SMUD
Make-Up SPIF Construction Contract
SPIF Improvement Costs Escalation Cost Cost [1] Soft Costs Contingency Total (FY 23-24)
Assumption 2.65% 0% 15% 0%
Formula A B C = A+B D = C*50% E = C*20% F = C*10% G = C+D+E+F Construction Make-Up Costs (2023/24$)
Sanitary Sewer
Westwood Drive (WWD 2-SS) Sanitary Sewer
WWD 2-SS 8" PVC SDR 26 $1,800 $48 $1,848 $0 $277 $0 $2,125 WWD 2-SS 12" PVC SDR 26 $134,000 $3,551 $137,551 $0 $20,633 $0 $158,184 WWD 2-SS 60" Sewer Manhole $54,000 $1,431 $55,431 $0 $8,315 $0 $63,746 WWD 2-SS 60" Epoxy Lined Sewer Manhole with $19,250 $510 $19,760 $0 $2,964 $0 $22,724 WWD 2-SS 8" Sewer Mahole Inside Drop Connections $7,000 $186 $7,186 $0 $1,078 $0 $8,263 WWD 2-SS Adjust SSMH Rim to Grade $14,000 $371 $14,371 $0 $2,156 $0 $16,527 WWD 2-SS CCO #1 Item 7: 100-Yr Storm Repairs $51,696 $1,370 $53,065 $0 $7,960 $0 $61,025 WWD 2-SS CCO # 1 Item 10: Sewer Materials Price Increases$13,637 $361 $13,999 $0 $2,100 $0 $16,098 WWD 2-SS Westwood Dr. SS False Bottoms, Re-TV SS $21,567 $572 $22,138 $0 $3,321 $0 $25,459 Subtotal Sanitary Sewer $316,949 $8,399 $325,348 $0 $48,802 $0 $374,151 Storm Drain
Westwood Drive (WWD 2-SS) Sanitary Sewer
WWD 2-SD 24" RCP CL III $7,360 $195 $7,555 $0 $1,133 $0 $8,688 WWD 2-SD 60" RCP CL III $5,504 $146 $5,650 $0 $847 $0 $6,497 WWD 2-SD 8'x8' Junction Box $77,800 $2,062 $79,862 $0 $11,979 $0 $91,841 WWD 2-SD Adjust Rim to Grade $2,800 $74 $2,874 $0 $431 $0 $3,305 Subtotal Storm Drain $93,464 $2,477 $95,941 $0 $14,391 $0 $110,331 Total Improvements $1,105,471 $29,295 $1,134,766 $0 $170,215 $0 $1,304,979 Source: Mackay and Somps; EPS.
[1] Reflects the estimated cost SMUD will charge for the installation of backbone electrical conductors. [2] Estimate does not include costs for the traffic signals.

Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-53Page 282
11/12/2025 Item No.11.

Table B-18
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Elliot Homes Backbone Facilities Reimbursement Analysis Allocation
Zone 4 of Remaining
Westwood Storage Percentage Reimburse.

Item Drive Tank Total of Total Amount
SPIF Infrastructure Fee Reimbursement
Initial Reimbursement Amount - - $1,097,145
Remaining Reimbursement Amount [1] - - $2,056,408
Less SPIF Infrastructure Fee Payments - - $0
Net Remaining Reimbursement Amount - - $2,056,408
SPIF Facility Cost Estimate
Roadways
Rough Grading $0 $0 $0 0.0% $0
Backbone Roadways $382,007 $0 $382,007 19.2% $394,718
Railroad Crossings $215,050 $0 $215,050 10.8% $222,206
City Fiber Optic & Traffic Control System $0 $0 $0 0.0% $0 Signalized Intersections & Improvements $0 $0 $0 0.0% $0 Open Space Vehicular Access Barrier $0 $0 $0 0.0% $0
Off-Site Roadway Improvements $0 $0 $0 0.0% $0
Subtotal Phase 1 Roadways $597,057 $0 $597,057 30.0% $616,924 Dry Utility System $0 $0 $0 0.0% $0
Potable Water System $0 $1,393,128 $1,393,128 70.0% $1,439,484 Off-Site Water System $0 $0 $0 0.0% $0
Recycled Water System $0 $0 $0 0.0% $0
Sanitary Sewer System $0 $0 $0 0.0% $0
Storm Drain System $0 $0 $0 0.0% $0
Habitat Mitigation $0 $0 $0 0.0% $0
Total Phase 2 Costs $597,057 $1,393,128 $1,990,185 100.0% $2,056,408 Source: SPIF Nexus Study FY 2019-20 Update; MacKay & Somps; EPS. [1] Relfects reimbursement balance as of July 1, 2025.

Elliott Homes
Reimbursement Analysis
Phase 2 Construction Plan
Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-54

11/12/2025 Item No.11.

Table B-19
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Elliot Homes Backbone Facilities Reimbursement Analysis Detail Construction Escalated SMUD
Make-Up SPIF Construction Contract
SPIF Improvement Costs Escalation Cost Cost [1] Soft Costs Contingency Total Assumption 0.00% 50% 15% 0%
Formula A B C = A+B D = C*50% E = C*20% F = C*10% G = C+D+E+F Backbone Roadways
Westwood Drive
WWD 3-RW Clearing & Grubbing $150 $0 $150 $0 $23 $0 $173 WWD 3-RW Mountable Curb & Gutter $2,162 $0 $2,162 $0 $324 $0 $2,486 WWD 3-RW Modified Type 2 Vertical Curb $12,580 $0 $12,580 $0 $1,887 $0 $14,467 WWD 3-RW Sidewalk (6" PCC) with 6"AB $18,885 $0 $18,885 $0 $2,833 $0 $21,718 WWD 3-RW Sidewalk Curb Ramps $5,000 $0 $5,000 $0 $750 $0 $5,750 WWD 3-RW 4" AC over 8.5" AB $102,048 $0 $102,048 $0 $15,307 $0 $117,355 WWD 3-RW 2-4" & 2-6" Schedule 80 Sleeves $14,040 $0 $14,040 $0 $2,106 $0 $16,146 WWD 3-RW Sidewalk Barricades $7,200 $0 $7,200 $0 $1,080 $0 $8,280 WWD 3-RW Future RxR Crossing Signal Conduit $8,000 $0 $8,000 $0 $1,200 $0 $9,200 WWD 3-RW Future RxR Crossing Signal Pull Boxes $7,525 $0 $7,525 $0 $1,129 $0 $8,654 WWD 3-RW "No Passing Zone" Centerline Stripe (Detail 21) $1,804 $0 $1,804 $0 $271 $0 $2,075 WWD 3-RW "Bike Lane Line" Detail 39 $775 $0 $775 $0 $116 $0 $891 WWD 3-RW "Dashed Bike Lane Line" Detail 39A $62 $0 $62 $0 $9 $0 $71 WWD 3-RW 12" Stop Limit Line $205 $0 $205 $0 $31 $0 $236 WWD 3-RW 24" Stop Limit Line $340 $0 $340 $0 $51 $0 $391 WWD 3-RW Continental Cross Walk $1,107 $0 $1,107 $0 $166 $0 $1,273 WWD 3-RW "Stop Sign" on Post $1,640 $0 $1,640 $0 $246 $0 $1,886 WWD 3-RW "Stop Sign" on Street Name Sign Post $155 $0 $155 $0 $23 $0 $178 WWD 3-RW "Stop Sign" on Streetlight Post $285 $0 $285 $0 $43 $0 $328 WWD 3-RW Removable Bollards $12,900 $0 $12,900 $0 $1,935 $0 $14,835 WWD 3-RW "Do Not Stop of Tracks" Sign on Post $820 $0 $820 $0 $123 $0 $943 WWD 3-RW "Railroad Warning" Sign on Post (W10-1) $410 $0 $410 $0 $62 $0 $472 WWD 3-RW "Railroad Warning" Sign on Post (W10-2) $820 $0 $820 $0 $123 $0 $943 WWD 3-RW "Trail Warning" Sign on Post $410 $0 $410 $0 $62 $0 $472 WWD 3-RW "Arrow" Sign on Trail Warning Sign Post $155 $0 $155 $0 $23 $0 $178 WWD 3-RW "Yield to Peds" Sign on Another Sign Post $310 $0 $310 $0 $47 $0 $357 WWD 3-RW Street Name Sign on Post $410 $0 $410 $0 $62 $0 $472 WWD 3-RW Railroad Crossing Pavement Markings $861 $0 $861 $0 $129 $0 $990 WWD 3-RW Bike Trail "Stop" Pavement Markings $203 $0 $203 $0 $30 $0 $233 WWD 3-RW "Bike Trail" Pavement Marking $86 $0 $86 $0 $13 $0 $99 WWD 3-RW "Stop" Pavement Marking $406 $0 $406 $0 $61 $0 $467 WWD 3-RW Thru/Left Turn Arrow Pavement Marking $92 $0 $92 $0 $14 $0 $106 WWD 3-RW Thru/Right Turn Arrow Pavement Marking $166 $0 $166 $0 $25 $0 $191 WWD 3-RW Right/Left Turn Arrow Pavement Marking $166 $0 $166 $0 $25 $0 $191 WWD 3-RW Traffic Control $130,000 $0 $130,000 $0 $19,500 $0 $149,500 Subtotal Backbone Roadways $332,178 $0 $332,178 $0 $49,827 $0 $382,007 Construction Make-Up Costs (2023/24$)
Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-55Page 284
11/12/2025 Item No.11.

Table B-19
Folsom Plan Area Specific Plan
Specific Plan Infrastructure Fee (SPIF) 2025 Adjustment Elliot Homes Backbone Facilities Reimbursement Analysis Detail Construction Escalated SMUD
Make-Up SPIF Construction Contract
SPIF Improvement Costs Escalation Cost Cost [1] Soft Costs Contingency Total Assumption 0.00% 50% 15% 0%
Formula A B C = A+B D = C*50% E = C*20% F = C*10% G = C+D+E+F Construction Make-Up Costs (2023/24$)
Railroad Crossings
Westwood Drive
WWD 3-RxR At-Grade Railroad Crossing (Concrete Track Panels) (Westwood Drive, WWD 3)$187,000 $0 $187,000 $0 $28,050 $0 $215,050 Potable Water
Zone 4 Storage Tank
Clearing & Grubbing $1,386 $0 $1,386 $0 $208 $0 $1,594
Excavation $119,625 $0 $119,625 $0 $17,944 $0 $137,569
Basalite Retaining Wall $354,220 $0 $354,220 $0 $53,133 $0 $407,353 Top of Retaining Wall Gunite V-Ditch $71,100 $0 $71,100 $0 $10,665 $0 $81,765 Rock Lined Drainage Ditch $85,470 $0 $85,470 $0 $12,821 $0 $98,291 Rock Lined Overside Drainage Swale (50LF) $2,700 $0 $2,700 $0 $405 $0 $3,105 12-inch RCP CL III Storm Drain Pipe $24,130 $0 $24,130 $0 $3,620 $0 $27,750 24-inch RCP CL III Storm Drain Pipe $6,768 $0 $6,768 $0 $1,015 $0 $7,783 12-inch Storm Drain Flared End Section $6,600 $0 $6,600 $0 $990 $0 $7,590 24-inch Storm Drain Flared End Section $7,000 $0 $7,000 $0 $1,050 $0 $8,050 Modified Type 'B' Drain Inlet $36,600 $0 $36,600 $0 $5,490 $0 $42,090 48-inch Storm Drain Manhole $7,500 $0 $7,500 $0 $1,125 $0 $8,625 18-inch DIP CL 350 Water Pipeline w/Cathodic Protection $372,600 $0 $372,600 $0 $55,890 $0 $428,490 18-inch Butterfly Valve $62,400 $0 $62,400 $0 $9,360 $0 $71,760 3-inch Combination Air/Vacuum Release Valve $40,000 $0 $40,000 $0 $6,000 $0 $46,000 Reseeding (Hydro-Seeding) $8,316 $0 $8,316 $0 $1,247 $0 $9,563 Erosion Control (Construction SWPPP) $5,000 $0 $5,000 $0 $750 $0 $5,750 Subtotal Z4 Storage Tank $1,211,415 $0 $1,211,415 $0 $181,712 $0 $1,393,128 Total Facilities $1,730,593 $0 $1,730,593 $0 $259,589 $0 $1,990,185 Source: Mackay and Somps; EPS.
[1] Reflects the estimated cost SMUD will charge for the installation of backbone electrical conductors. [2] Estimate does not include costs for the traffic signals.

Prepared by EPS 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\24 SPIF Update\142079 SPIF Update m01 07-11-2025_HybridLandUse B-56Page 285
11/12/2025 Item No.11.

Appendix C:

Reimbursement Agreement Balances
Table C-1 Infrastructure Reimbursement Agreements Summary .................................................... C-1 Table C-2 Mangini Improvement Company (2 pages) ............................................................................ C-2 Table C-3 Russell Ranch TNHC (2 pages) .................................................................................................... C-4 Table C-4 East Carpenter Improvement Company (ECIC) .................................................................. C-6 Table C-5 Eagle Entities (Eagle Commercial, Eagle Office) .................................................................. C-7 Table C-6 Gragg Ranch Recovery Acquisition ........................................................................................... C-8 Table C-7 City of Folsom .................................................................................................................................... C-9 Table C-8 Folsom Real Estate South, LLC (FRES) ................................................................................... C-10 Table C-9 Lennar Homes of California, Inc. .............................................................................................. C-11 Table C-10 Arcadian Improvement Company, LLC ................................................................................. C-12 Table C-11 CMB Improvement Company, LLC ......................................................................................... C-13 Table C-12 Folsom Heights, LLC ...................................................................................................................... C-14 Table C-13 Toll Bros. ............................................................................................................................................. C-15 Table C-14 Town Center South, LLC .............................................................................................................. C-16 Table C-15 West Prairie Estates, LLC ............................................................................................................ C-17 Table C-16 Elliott Homes, Inc........................................................................................................ ... ... ... ... ... ... ... C-18

11/12/2025 Item No.11.

Table C-1
City of Folsom
SPIF Credit/Reimbursement Tracking
Infrastructure Reimbursement Agreements Summary
Construction Entity Description
PFR
Compliant
Non-PFR-
Compliant Total
PFR
Compliant
Non-PFR-
Compliant Total
Date of
Original
Agreement Status Date
MIC Only Ph.1 SPIF Backbone Facilities $18,733,788 $2,949,704 $21,683,492 $115,111 $0 $115,111 6/11/2018 Nexus Study Update July 2020 MIC/TNHC Shared Ph. 1 CFD No. 18 Backbone Facilities $3,383,460 $0 $3,383,460 $7,554 $0 $7,554 5/21/2018 Nexus Study Update July 2020 MIC/TNHC Shared Ph. 1 SPIF Backbone Facilities $5,966,672 $4,083,872 $10,050,544 $0 $0 $0 6/11/2018 Nexus Study Update July 2020 Mangini North Phase 1B Backbone $0 $1,296,218 $1,296,218 $0 ($0) $0 10/29/2019 Nexus Study Update July 2020 MIC/TNHC Shared Ph. 1 CFD No. 18 Backbone Facilities $5,025,274 $0 $5,025,274 $0 $0 $0 5/21/2018 Nexus Study Update July 2020 MIC/TNHC Shared Ph. 1 SPIF Backbone Facilities $1,691,731 $0 $1,691,731 $0 $0 $0 6/11/2018 Nexus Study Update July 2020 TNHC Russell Ranch Ph. 1 Backbone Facilities NA NA $41,772,206 $0 $0 $0 7/18/2018 Nexus Study Update July 2020 MIC/TNHC Shared Ph. 1 CFD No. 18 Backbone Facilities $686,299 $0 $686,299 $0 $0 $0 5/21/2018 Nexus Study Update July 2020 MIC/TNHC Shared Ph. 1 SPIF Backbone Facilities $501,096 $0 $501,096 $0 $0 $0 6/11/2018 Nexus Study Update July 2020 TNHC Russell Ranch Ph. 1 Backbone Facilities $36,081,804 $0 $36,081,804 $22,258,908 $0 $22,258,908 7/18/2018 Nexus Study Update July 2020 ECIC/Enclave Shared Costs $5,237,338 $561,794 $5,799,132 ($126) $0 ($126) 12/4/2019 True-Up Approved September 2020 Mangini Phase 2A, Villages 7 and 10 $0 $3,885,683 $3,885,683 $0 $0 $0 4/18/2021 - - Mangini Ranch Phase 2C, Village 3 Backbone $0 $4,722,965 $4,722,965 $0 $0 $0 9/15/2022 Mangini Ranch Phase 2C, Village 5 & 6 Backbone $0 $338,940 $338,940 $0 $0 $0 9/15/2022 TNHC Russell Ranch Ph. 1 Backbone Facilities $214,300 $0 $214,300 $0 $0 $0 7/18/2018 Nexus Study Update July 2020 ECIC/Enclave Shared Costs for Phase 2A Backbone $3,292,143 $1,365,605 $4,657,748 $0 $0 $0 1/8/2020 True-Up Approved September 2020 Parcel 61 and 77 Backbone Facilties $15,922,750 $0 $15,922,750 $19,409,521 $7,787,520 $27,197,041 11/10/2021 2023 SPIF Adjustment August 2023 Parcel 85A Backbone Facilities $7,286,071 $825,275 $8,111,345 $975,234 $1,588,333 $2,563,567 5/26/2022 2023 SPIF Adjustment August 2023 Gragg Ranch Recovery Acquisition WRSP Backbone Improvements $10,999,824 $0 $10,999,824 $0 $0 $0 6/25/2019 True Up July 2020 Arcadian Improvement Company, Mangini Ranch Phase 1C Backbone $6,415,623 $631,301 $7,046,924 $0 $0 $0 6/3/2022 - - CMB Improvement Company, LLC Mangini Ranch Phase 2 Village 1+2 Backbone $3,752,466 $4,627,328 $8,379,794 $0 $0 $0 10/21/2021 - - Mangini Ranch Phase 1E $0 $2,124,624 $2,124,624 $0 $1,652,476 $1,652,476 9/15/2022 Toll Bros. Folsom Ranch Backbone Infrastructure $7,805,700 $16,832,948 $24,638,648 $0 $0 $0 8/16/2021 2023 SPIF Adjustment August 2023 Folsom Ranch Phase 2 Backbone $24,411,053 $0 $24,411,053 $7,254,023 $0 $7,254,023 Town Center South, LLC Mangini Ranch Phase 3 Village 1-4 Backbone $0 $2,654,679 $2,654,679 $0 $790,002 $790,002 5/18/2022 - - Elliot Homes, Inc. Broadstone Estates Backbone Infrastructure and Zone 4 Water Tan $1,097,14 5 - $1,097,145 $2,056,408 $0 $2,056,408 11/16/2022
UC Davis Transfers from ECIC/Enclave Shared Costs for Phase 2A Backbone $4,751,030 $825,106 $5,576,136 $0 $4,424,254 $4,424,254 [1] All TNHC Reimbursement balances now assigned to Lennar Homes of California, Inc. [2] Bolded and italicized agreements are those with reimbursements remaining as of the 2023 SPIF Adjustment.

East Carpenter Improvement
Company
Eagle Entities (Eagle Commercial,
Eagle Office)
Current Balance True-Up
Lennar Homes of California, Inc. [1]
Beginning Balance
Mangini Improvement Company
Russell Ranch TNHC [1]
Prepared by EPS - 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\Models\SPIF Reimbursement Tracking\142079 SPIF Reimbursement Tracking m1 03-12-25 C-1Page 287
11/12/2025 Item No.11.

Table C-2
City of Folsom
SPIF Credit/Reimbursement Tracking
Mangini Improvement Company
Agreement Description
PFR
Compliant
Non-PFR-
Compliant Total
PFR
Compliant
Non-PFR-
Compliant Total
PFR
Compliant
Non-PFR-
Compliant Total Recipient/Destination
Transaction
Date
FPA SPIF Fee Reimbursement Agreement (2017 Priority) MIC Only Ph.1 SPIF Backbone Facilities $18,733,788 $2,949,704 $21,683,492 $0 $0 $0 $18,733,788 $2,949,704 $21,683,492 Mangini Improvement Company 06/11/18 Cert. No. 1 to C&T Fee Reimbursements as Credits Non-PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $18,733,788 $2,949,704 $21,683,492 $0 ($2,724,792) ($2,724,792) $18,733,788 $224,912 $18,958,700 Taylor Morrison, Ph. 1, V. 2 06/11/18 Cert. No. 1 to C&T Fee Reimbursements as Credits Non-PFR Compliant Reimburse. Conv. To Public Lands Fee Credits $18,733,788 $224,912 $18,958,700 $0 ($70,000) ($70,000) $18,733,788 $154,912 $18,888,700 Taylor Morrison, Ph. 1, V. 2 06/11/18 Cert. No. 2 to C&T Fee Reimbursements as Credits Non-PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $18,733,788 $154,912 $18,888,700 $0 ($154,912) ($154,912) $18,733,788 $0 $18,733,788 Lennar, Ph. 1, V. 8 06/11/18 FY 2018-2019 Adjustment [2] 3.27% $18,733,788 $0 $18,733,788 $612,595 $0 $612,595 $19,346,383 $0 $19,346,383 Mangini Improvement Company 07/01/18 FY 2019-2020 Adjustment [2] 2.50% $19,346,383 $0 $19,346,383 $483,660 $0 $483,660 $19,830,043 $0 $19,830,043 Mangini Improvement Company 07/01/19 Cert. No. 3 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $19,830,043 $0 $19,830,043 ($468,210) $0 ($468,210) $19,361,833 $0 $19,361,833 Tri Pointe Homes, Ph. 1, V. 5 09/11/19 Cert. No. 3 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Public Lands Fee Credits $19,361,833 $0 $19,361,833 ($85,200) $0 ($85,200) $19,276,633 $0 $19,276,633 Tri Pointe Homes, Ph. 1, V. 5 09/11/19 Cert. No. 4 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $19,276,633 $0 $19,276,633 ($3,390,680) $0 ($3,390,680) $15,885,953 $0 $15,885,953 Taylor Morrison, Ph. 1, V. 6 10/08/19 Cert. No. 4 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Public Lands Fee Credits $15,885,953 $0 $15,885,953 ($115,020) $0 ($115,020) $15,770,933 $0 $15,770,933 Taylor Morrison, Ph. 1, V. 6 10/08/19 Cert. No. 5 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $15,770,933 $0 $15,770,933 ($3,156,840) $0 ($3,156,840) $12,614,093 $0 $12,614,093 Taylor Morrison, Ph. 1, V. 7 10/22/19 Cert. No. 5 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Public Lands Fee Credits $12,614,093 $0 $12,614,093 ($106,500) $0 ($106,500) $12,507,593 $0 $12,507,593 Taylor Morrison, Ph. 1, V. 7 10/22/19 FY 2020-2021 Adjustment [2] 2.25% $12,507,593 $0 $12,507,593 $281,421 $0 $281,421 $12,789,014 $0 $12,789,014 Mangini Improvement Company 07/01/20 Cert. No. 6 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $12,789,014 $0 $12,789,014 ($2,513,780) $0 ($2,513,780) $10,275,234 $0 $10,275,234 Tri Pointe Homes, Ph. 1, V. 4 07/22/2020 Cert. No. 6 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Public Lands Fee Credits $10,275,234 $0 $10,275,234 ($85,200) $0 ($85,200) $10,190,034 $0 $10,190,034 Tri Pointe Homes, Ph. 1, V. 4 07/22/2020 SPIF True-Up FY 2020-2021 SPIF Nexus Study Update $10,190,034 $0 $10,190,034 $5,984,717 $0 $5,984,717 $16,174,751 $0 $16,174,751 Mangini Improvement Company July 2020 City Cash Reimbursement SPIF Infrastructure Fee Cash Reimbursement $16,174,751 $0 $16,174,751 ($291,705) $0 ($291,705) $15,883,046 $0 $15,883,046 Mangini Improvement Company 10/28/20 Cert. No. 7 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $15,883,046 $0 $15,883,046 ($1,883,062) $0 ($1,883,062) $13,999,984 $0 $13,999,984 Creekstone, Ph. 1, V.10 11/19/2020 Cert. No. 7 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Public Lands Fee Credits $13,999,984 $0 $13,999,984 ($46,053) $0 ($46,053) $13,953,931 $0 $13,953,931 Creekstone, Ph. 1, V.10 11/19/2020 Cert. No. 8 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $13,953,931 $0 $13,953,931 ($1,612,982) $0 ($1,612,982) $12,340,949 $0 $12,340,949 Ph. 1, V. 3 May 2021 Cert. No. 8 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Public Lands Fee Credits $12,340,949 $0 $12,340,949 ($46,053) $0 ($46,053) $12,294,895 $0 $12,294,895 Ph. 1, V. 3 May 2021 FY 2021-2022 Adjustment [2] 3.25% $12,294,895 $0 $12,294,895 $399,584 $0 $399,584 $12,694,479 $0 $12,694,479 Mangini Improvement Company 7/1/2021 Cert. No. 9 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $12,694,479 $0 $12,694,479 ($715,008) $0 ($715,008) $11,979,471 $0 $11,979,471 AIC MR P1CV4 05/17/22 FY 2022-2023 Adjustment [2] 5.54% $11,979,471 $0 $11,979,471 $663,663 $0 $663,663 $12,643,134 $0 $12,643,134 MIC 7/1/2022 Cert. No. 10 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $12,643,134 $0 $12,643,134 ($1,837,840) $0 ($1,837,840) $10,805,294 $0 $10,805,294 Van Daele Apartments Cert. No. 10 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Public Land Fee Credits $10,805,294 $0 $10,805,294 ($49,440) $0 ($49,440) $10,755,854 $0 $10,755,854 Van Daele Apartments Cert. No. 11 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $10,755,854 $0 $10,755,854 ($98,208) $0 ($98,208) $10,657,646 $0 $10,657,646 Van Daele Bungalows (Units 157-160) Cert. No. 11 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Public Land Fee Credits $10,657,646 $0 $10,657,646 ($4,120) $0 ($4,120) $10,653,526 $0 $10,653,526 Van Daele Bungalows (Units 157-160) Cert. No. 12 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $10,653,526 $0 $10,653,526 ($801,279) $0 ($801,279) $9,852,248 $0 $9,852,248 TCS Mangini Ranch Ph 3A V1 7/27/2022 Cert. No. 12 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Public Land Fee Credits $9,852,248 $0 $9,852,248 ($94,760) $0 ($94,760) $9,757,488 $0 $9,757,488 TCS Mangini Ranch Ph 3A V1 Cert. No. 13 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $9,757,488 $0 $9,757,488 ($4,429,460) $0 ($4,429,460) $5,328,028 $0 $5,328,028 TCS Mangini Ranch Ph 3A V2+3 Cert. No. 13 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Public Land Fee Credits $5,328,028 $0 $5,328,028 ($111,240) $0 ($111,240) $5,216,788 $0 $5,216,788 TCS Mangini Ranch Ph 3A V2+3 Cert. No. 14 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $5,216,788 $0 $5,216,788 ($1,274,238) $0 ($1,274,238) $3,942,550 $0 $3,942,550 TCS Mangini Ranch Ph 3A V4 Cert. No. 14 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Public Land Fee Credits $3,942,550 $0 $3,942,550 ($24,720) $0 ($24,720) $3,917,830 $0 $3,917,830 TCS Mangini Ranch Ph 3A V4 Cert. No. 15 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $3,917,830 $0 $3,917,830 ($3,917,830) $0 ($3,917,830) ($0) $0 ($0) Van Daele Lot 16-Apartments 1/25/2023 Cert. No. 15 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Public Land Fee Credits ($0) $0 ($0) $0 $0 $0 ($0) $0 ($0) Van Daele Lot 16-Apartments FY 2023-2024 Adjustment [2] 8.87% ($0) $0 ($0) $0 $0 $0 ($0) $0 ($0) MIC 7/1/2023 FY 2024-2025 Adjustment [2] 2.65% ($0) $0 ($0) $0 $0 $0 ($0) $0 ($0) MIC 7/1/2024 VOID Certificate No. 11 Return Credits + 22-23 and 23-24 Escalation ($0) $0 ($0) $114,357 $0 $114,357 $114,356 $0 $114,356 MIC 7/1/2025 FY 2025-2026 Adjustment [2] 0.66% $114,356 $0 $114,356 $755 $0 $755 $115,111 $0 $115,111 7/1/2025 Mangini Improvement Company
End BalanceTransaction AmountBeginning Balance
Transactions
Prepared by EPS - 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\Models\SPIF Reimbursement Tracking\142079 SPIF Reimbursement Tracking m1 03-12-25 C-2

11/12/2025 Item No.11.

Table C-2
City of Folsom
SPIF Credit/Reimbursement Tracking
Mangini Improvement Company
Agreement Description
PFR
Compliant
Non-PFR-
Compliant Total
PFR
Compliant
Non-PFR-
Compliant Total
PFR
Compliant
Non-PFR-
Compliant Total Recipient/Destination
Transaction
Date
Mangini Improvement Company
End BalanceTransaction AmountBeginning Balance
Transactions
CFD No. 18 and FPA SPIF Acquisition & Shortfall Agreement MIC/TNHC Shared Ph. 1 CFD No. 18 Backbone Facilities [1] $3,383,460 $0 $3,383,460 $0 $0 $0 $3,383,460 $0 $3,383,460 Mangini Improvement Company 05/21/18 Cert. No. 1 to C&T Set-Aside Fee Reimbursements as Credits Reimbursements Converted to Set-Aside Fee Credits $3,383,460 $0 $3,383,460 ($212,004) $0 ($212,004) $3,171,456 $0 $3,171,456 Taylor Morrison, Ph. 1, V. 1 05/21/18 Cert. No. 2 to C&T Set-Aside Fee Reimbursements as Credits Reimbursements Converted to Set-Aside Fee Credits $3,171,456 $0 $3,171,456 ($192,374) $0 ($192,374) $2,979,082 $0 $2,979,082 Taylor Morrison, Ph. 1, V. 2 05/21/18 Cert. No. 3 to C&T Set-Aside Fee Reimbursements as Credits Reimbursements Converted to Set-Aside Fee Credits $2,979,082 $0 $2,979,082 ($153,114) $0 ($153,114) $2,825,968 $0 $2,825,968 Lennar, Ph. 1, V. 8 05/21/18 Cert. No. 4 to C&T Set-Aside Fee Reimbursements as Credits Reimbursements Converted to Set-Aside Fee Credits $2,825,968 $0 $2,825,968 ($202,189) $0 ($202,189) $2,623,779 $0 $2,623,779 Lennar, Ph. 1, V. 9 05/21/18 FY 2018-2019 Adjustment [2] 3.27% $2,623,779 $0 $2,623,779 $85,798 $0 $85,798 $2,709,577 $0 $2,709,577 Mangini Improvement Company 07/01/18 FY 2019-2020 Adjustment [2] 2.50% $2,709,577 $0 $2,709,577 $67,739 $0 $67,739 $2,777,316 $0 $2,777,316 Mangini Improvement Company 07/01/19 Cert. No. 5 to C&T Set-Aside Fee Reimbursements as Credits Reimbursements Converted to Set-Aside Fee Credits $2,777,316 $0 $2,777,316 ($180,786) $0 ($180,786) $2,596,530 $0 $2,596,530 Tri Pointe Homes, Ph. 1, V. 5 09/16/19 Cert. No. 6 to C&T Set-Aside Fee Reimbursements as Credits Reimbursements Converted to Set-Aside Fee Credits $2,596,530 $0 $2,596,530 ($241,048) $0 ($241,048) $2,355,482 $0 $2,355,482 Taylor Morrison, Ph. 1, V. 6 10/08/19 Cert. No. 7 to C&T Set-Aside Fee Reimbursements as Credits Reimbursements Converted to Set-Aside Fee Credits $2,355,482 $0 $2,355,482 ($224,424) $0 ($224,424) $2,131,058 $0 $2,131,058 Taylor Morrison, Ph. 1, V. 7 10/22/19 Cert. No. 8 to C&T Set-Aside Fee Reimbursements as Credits Reimbursements Converted to Set-Aside Fee Credits $2,131,058 $0 $2,131,058 ($87,856) $0 ($87,856) $2,043,202 $0 $2,043,202 ECIC Village 7, Mangini Ph. 2 12/04/19 FY 2020-2021 Adjustment [2] 2.25% $2,043,202 $0 $2,043,202 $45,972 $0 $45,972 $2,089,174 $0 $2,089,174 Mangini Improvement Company 07/01/20 Cert. No. 9 to C&T Set-Aside Fee Reimbursements as Credits Reimbursements Converted to Set-Aside Fee Credits $2,089,174 $0 $2,089,174 ($46,512) $0 ($46,512) $2,042,662 $0 $2,042,662 ECIC Village 8, Mangini Ph. 2 07/21/20 Cert. No. 10 to C&T Set-Aside Fee Reimbursements as Credits Reimbursements Converted to Set-Aside Fee Credits $2,042,662 $0 $2,042,662 ($151,694) $0 ($151,694) $1,890,968 $0 $1,890,968 ECIC Village 4, Mangini Ph. 2 07/21/20 Cert. No. 11 to C&T Set-Aside Fee Reimbursements as Credits Reimbursements Converted to Set-Aside Fee Credits $1,890,968 $0 $1,890,968 ($178,708) $0 ($178,708) $1,712,260 $0 $1,712,260 Tri Pointe Homes, Ph. 1, V. 4 07/22/20 City Cash Reimbursement Set-Aside Cash Reimbursement $1,712,260 $0 $1,712,260 ($775,516) $0 ($775,516) $936,744 $0 $936,744 Mangini Improvement Company 10/28/20 Cert. No. 12 to C&T Set-Aside Fee Reimbursements as Credits Reimbursements Converted to Set-Aside Fee Credits $936,744 $0 $936,744 ($93,791) $0 ($93,791) $842,953 $0 $842,953 Creekstone, Ph. 1, V.10 11/19/2020 Cert. No. 13 to C&T Set-Aside Fee Reimbursements as Credits Reimbursements Converted to Set-Aside Fee Credits $842,953 $0 $842,953 ($155,878) $0 ($155,878) $687,075 $0 $687,075 ECIC Village 10, Mangini Ph. 2 03/25/21 Cert. No. 14 to C&T Set-Aside Fee Reimbursements as Credits Reimbursements Converted to Set-Aside Fee Credits $687,075 $0 $687,075 ($104,125) $0 ($104,125) $582,950 $0 $582,950 Ph. 1, V. 3 May 2021 FY 2021-2022 Adjustment [2] 3.25% $582,950 $0 $582,950 $18,946 $0 $18,946 $601,896 $0 $601,896 Mangini Improvement Company 07/01/21 Cert. No. 15 to C&T Set-Aside Fee Reimbursements as Credits Reimbursements Converted to Set-Aside Fee Credits $601,896 $0 $601,896 ($193,072) $0 ($193,072) $408,824 $0 $408,824 CMB Mangini Ph. 2 Village 1 10/21/21 Cert. No. 15 to C&T Set-Aside Fee Reimbursements as Credits Reimbursements Converted to Set-Aside Fee Credits $408,824 $0 $408,824 ($162,356) $0 ($162,356) $246,468 $0 $246,468 CMB Mangini Ph. 2 Village 2 10/21/21 Cert. No. 16 to C&T Set-Aside Fee Reimbursements as Credits Reimbursements Converted to Set-Aside Fee Credits $246,468 $0 $246,468 ($136,400) $0 ($136,400) $110,068 $0 $110,068 AIC Mangini Ph. 1C Village 1 03/28/22 Cert. No. 17 to C&T Set-Aside Fee Reimbursements as Credits Reimbursements Converted to Set-Aside Fee Credits $110,068 $0 $110,068 ($55,924) $0 ($55,924) $54,144 $0 $54,144 AIC Mangini Ph. 1C Village 2 03/18/22 Cert. No. 18 to C&T Set-Aside Fee Reimbursements as Credits Reimbursements Converted to Set-Aside Fee Credits $54,144 $0 $54,144 ($47,740) $0 ($47,740) $6,404 $0 $6,404 AIC Mangini Ph. 1C Village 3 03/18/22 FY 2022-2023 Adjustment [2] 5.54% $6,404 $0 $6,404 $355 $0 $355 $6,759 $0 $6,759 Mangini Improvement Company 7/1/2022 FY 2023-2024 Adjustment [2] 8.87% $6,759 $0 $6,759 $600 $0 $600 $7,359 $0 $7,359 Mangini Improvement Company 7/1/2023 FY 2024-2025 Adjustment [2] 2.65% $7,359 $0 $7,359 $195 $0 $195 $7,554 $0 $7,554 Mangini Improvement Company 7/1/2024 $0 $0 $0
FPA SPIF Fee Reimbursement Agreement (2017 Priority) MIC/TNHC Shared Ph. 1 SPIF Backbone Facilities [1] $5,966,672 $4,083,872 $10,050,544 $0 $0 $0 $5,966,672 $4,083,872 $10,050,544 Mangini Improvement Company 06/11/18 Cert. No. 5 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $2,074,800 $0 $2,074,800 ($2,074,800) $0 ($2,074,800) $0 $0 $0 Tri Pointe Homes, Ph. 1, V. 5 09/11/19 FPA SPIF Parkland Dedication Credit Agreement Mangini Ranch Ph. 1 Lot 20 Park Site 12.30 - 12.30 0.00 - 0.00 12.30 0.00 12.30 Mangini Improvement Company 06/07/18 Cert. No. 8 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 0.21 - 0.21 (0.21) - (0.21) $0 $0 $0 Mangini Ph. 1, V. 3 May 2021 FPA SPIF Fee Reimbursement Agreement (2019 Priority) Mangini North Phase 1B Backbone $0 $1,296,218 $1,296,218 $0 $0 $0 $0 $1,296,218 $1,296,218 Mangini Improvement Company 10/29/19 FY 2020-2021 Adjustment [2] 2.25% $0 $1,296,218 $1,296,218 $0 $29,165 $29,165 $0 $1,325,383 $1,325,383 Mangini Improvement Company 07/01/20 FY 2021-2022 Adjustment [2] 3.25% $0 $1,325,383 $1,325,383 $0 $43,075 $43,075 $0 $1,368,458 $1,368,458 Mangini Improvement Company 07/01/21 FY 2022-2023 Adjustment [2] 5.54% $0 $1,368,458 $1,368,458 $0 $75,813 $75,813 $0 $1,444,271 $1,444,271 Mangini Improvement Company 7/1/2022 Cert. No. 1 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $0 $1,444,271 $1,444,271 $0 ($630,824) ($630,824) $0 $813,447 $813,447 Mangini Ranch Phase 1E (Lot 16-Apts 10/5/2022 Cert. No. 1 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Public Lands Fee Credits $0 $813,447 $813,447 ($111,240) ($111,240) $0 $702,207 $702,207 Mangini Ranch Phase 1E (Lot 16-Apts 10/5/2022 Cert. No. 2 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $0 $702,207 $702,207 ($607,447) ($607,447) $0 $94,760 $94,760 MPA (152 MU) 3/9/2023 Cert. No. 2 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Public Lands Fee Credits $0 $94,760 $94,760 $0 ($94,760) ($94,760) $0 ($0) ($0) MPA (152 MU) 3/9/2023 FY 2023-2024 Adjustment [2] 8.87% $0 ($0) ($0) $0 $0 $0 $0 ($0) ($0) Mangini Improvement Company 7/1/2023 FY 2024-2025 Adjustment [2] 2.65% $0 ($0) ($0) $0 $0 $0 $0 ($0) ($0) Mangini Improvement Company 7/1/2024 Source: City of Folsom; EPS.
[1] Reflects 2/3 share of MIC/TNHC Shared Ph.1 Backbone Facilities construction costs. [2] As stipulated in the SPIF Ordinance and the SPIF Reimbursement Agreements the reimbursement balance shall be adjusted annually based on the annual percentage change in Engineering-News Record Construction Cost Index. See Table C-18 for details.

Key:

C&T - Credit and Transfer
Prepared by EPS - 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\Models\SPIF Reimbursement Tracking\142079 SPIF Reimbursement Tracking m1 03-12-25 C-3

11/12/2025 Item No.11.

Table C-3
City of Folsom
SPIF Credit/Reimbursement Tracking
Russell Ranch TNHC
Agreement Description
Beginning
Balance
Transaction
Amount
End
Balance Recipient/Destination Transaction Date
FPA SPIF Program Public Lands Fee Reimbursement Agreement (2017 Priority) TNHC Russell Ranch Water Tank Site Dedication [1] $597,320 $0 $597,320 TNHC Russell Ranch 01/29/19 Cert. No. 1 to C&T Fee Reimbursements as Fee Credits Reimbursements Converted to Public Lands Fee Credits $597,320 ($43,600) $553,720 Village 6 01/29/19 Cert. No. 1 to C&T Fee Reimbursements as Fee Credits Reimbursements Converted to Infrastructure Fee Credits $553,720 ($553,720) $0 Village 6 01/29/19 FPA SPIF Fee Reimbursement Agreement (2017 Priority) MIC/TNHC Shared Ph.1 Backbone Facilities [2] $5,025,274 $0 $5,025,274 TNHC Russell Ranch 06/11/18 Cert. No. 1 to C&T Fee Reimbursements as Fee Credits Reimbursements Converted to Infrastructure Fee Credits $5,025,274 ($680,939) $4,344,335 Village 6 02/19/19 Cert. No. 2 to C&T Fee Reimbursements as Fee Credits Reimbursements Converted to Infrastructure Fee Credits $4,344,335 ($1,705,234) $2,639,101 Village 1 03/13/19 Cert. No. 2 to C&T Fee Reimbursements as Fee Credits Reimbursements Converted to Public Lands Fee Credits $2,639,101 ($52,320) $2,586,781 Village 1 03/13/19 Cert. No. 2 to C&T Fee Reimbursements as Fee Credits Reimbursements Converted to Infrastructure Fee Credits (Shortfall) $2,586,781 ($68,894) $2,517,887 Village 1 03/13/19 Cert. No. 2 to C&T Fee Reimbursements as Fee Credits Reimbursements Converted to Public Lands Fee Credits (Shortfall) $2,517,887 $0 $2,517,887 Village 1 03/13/19 Cert. No. 3 to C&T Fee Reimbursements as Fee Credits Reimbursements Converted to Infrastructure Fee Credits $2,517,887 ($861,175) $1,656,712 Village 2 03/13/19 Cert. No. 3 to C&T Fee Reimbursements as Fee Credits Reimbursements Converted to Public Lands Fee Credits $1,656,712 ($26,160) $1,630,552 Village 2 03/13/19 Cert. No. 4 to C&T Fee Reimbursements as Fee Credits Reimbursements Converted to Infrastructure Fee Credits $1,630,552 ($895,622) $734,930 Village 3 03/13/19 Cert. No. 4 to C&T Fee Reimbursements as Fee Credits Reimbursements Converted to Public Lands Fee Credits $734,930 ($26,160) $708,770 Village 3 03/13/19 Cert. No. 5 to C&T Fee Reimbursements as Fee Credits Reimbursements Converted to Infrastructure Fee Credits $708,770 ($206,243) $502,527 Village 7 03/13/19 Cert. No. 5 to C&T Fee Reimbursements as Fee Credits [3] Reimbursements Converted to Infrastructure Fee Credits (Warranty) $502,527 $0 $502,527 Village 7 03/13/19 FY 2018-2019 Adjustment [4] [5] 3.27% $502,527 $164,326 $666,853 TNHC Russell Ranch 07/01/18 (Retroactive) FY 2019-2020 Adjustment [4] 2.50% $666,853 $16,671 $683,524 TNHC Russell Ranch 07/01/19 FY 2020-2021 Adjustment [4] 2.25% $683,524 $15,379 $698,903 TNHC Russell Ranch 07/01/20 City Cash Reimbursement SPIF Infrastructure Fee Cash Reimbursement $698,903 ($12,604) $686,299 TNHC Russell Ranch October 2020 Assignment and Assumption Agreement [6] Assignment of Reimbursements to Lennar Homes of California, Inc. $686,299 ($686,299) $0 Lennar Homes 12/18/20 CFD No. 18 and FPA SPIF Acquisition & Shortfall Agreement MIC/TNHC Shared Ph. 1 Backbone Facilities [2] $1,691,731 $0 $1,691,731 TNHC Russell Ranch 06/11/18 Cert. No. 1 to C&T Set-Aside Fee Reimbursements as Set-Aside Fee Credits Reimbursements Converted to Set-Aside Fee Credits $1,691,731 ($87,161) $1,604,570 Village 6 02/19/19 Cert. No. 2 to C&T Set-Aside Fee Reimbursements as Set-Aside Fee Credits Reimbursements Converted to Set-Aside Fee Credits $1,604,570 ($149,989) $1,454,581 Village 1 03/13/19 Cert. No. 2 to C&T Set-Aside Fee Reimbursements as Set-Aside Fee Credits Reimbursements Converted to Set-Aside Fee Credits (Shortfall) $1,454,581 ($6,464) $1,448,117 Village 1 03/13/19 Cert. No. 3 to C&T Set-Aside Fee Reimbursements as Set-Aside Fee Credits Reimbursements Converted to Set-Aside Fee Credits $1,448,117 ($80,800) $1,367,317 Village 2 03/13/19 Cert. No. 4 to C&T Set-Aside Fee Reimbursements as Set-Aside Fee Credits Reimbursements Converted to Set-Aside Fee Credits $1,367,317 ($84,032) $1,283,285 Village 3 03/13/19 Cert. No. 5 to C&T Set-Aside Fee Reimbursements as Set-Aside Fee Credits Reimbursements Converted to Set-Aside Fee Credits $1,283,285 ($83,107) $1,200,178 Village 7 03/13/19 Cert. No. 6 to C&T Set-Aside Fee Reimbursements as Set-Aside Fee Credits Reimbursements Converted to Set-Aside Fee Credits $1,200,178 ($143,640) $1,056,538 Village 4 03/21/19 Cert. No. 7 to C&T Set-Aside Fee Reimbursements as Set-Aside Fee Credits Reimbursements Converted to Set-Aside Fee Credits $1,056,538 ($105,404) $951,134 Village 8 03/21/19 Cert. No. 8 to C&T Set-Aside Fee Reimbursements as Set-Aside Fee Credits Reimbursements Converted to Set-Aside Fee Credits $951,134 ($132,512) $818,622 Village 5 03/21/19 FY 2018-2019 Adjustment [4] [5] 3.27% $818,622 $55,320 $873,942 TNHC Russell Ranch 07/01/18 (Retroactive) FY 2019-2020 Adjustment [4] 2.50% $873,942 $21,849 $895,791 TNHC Russell Ranch 07/01/19 FY 2020-2021 Adjustment [4] 2.25% $895,791 $20,155 $915,946 TNHC Russell Ranch 07/01/20 City Cash Reimbursement Set-Aside Cash Reimbursement $915,946 ($414,850) $501,096 TNHC Russell Ranch October 2020 Assignment and Assumption Agreement [6] Assignment of Reimbursements to Lennar Homes of California, Inc. $501,096 ($501,096) $0 Lennar Homes 12/18/20 FPA SPIF Parkland Dedication Credit Agreement TNHC Russell Ranch Neighborhood Park, Large Lot 22 5.26 0.00 5.26 TNHC Russell Ranch 07/18/18 Cert. No. 1 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 5.26 (0.63) 4.63 Village 6 02/19/19 Cert. No. 2 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 4.63 (0.76) 3.87 Village 1 03/13/19 Cert. No. 2 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits (Shortfall) 3.87 (0.03) 3.84 Village 1 03/13/19 Cert. No. 3 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 3.84 (0.37) 3.47 Village 2 03/13/19 Cert. No. 4 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 3.47 (0.38) 3.09 Village 3 03/13/19 Cert. No. 5 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 3.09 (0.60) 2.49 Village 7 03/13/19 Cert. No. 6 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 2.49 (1.66) 0.83 Village 4 03/21/19 Cert. No. 7 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 0.83 (0.76) 0.07 Village 8 03/21/19 Cert. No. 8 to Transfer Parkland Dedication Acreage Credits [7] Transfer Parkland Dedication to Credits $0 ($0) $0 Village 5 03/21/19 Transactions
Acres
Russell Ranch TNHC
Prepared by EPS - 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\Models\SPIF Reimbursement Tracking\142079 SPIF Reimbursement Tracking m1 03-12-25 C-4

11/12/2025 Item No.11.

Table C-3
City of Folsom
SPIF Credit/Reimbursement Tracking
Russell Ranch TNHC
Agreement Description
Beginning
Balance
Transaction
Amount
End
Balance Recipient/Destination Transaction Date
Transactions
Russell Ranch TNHC
FPA SPIF Fee Reimbursement Agreement (2017 Priority) TNHC Russell Ranch Ph. 1 Backbone Facilities [4] $41,986,506 ($214,300) $41,772,206 TNHC Russell Ranch 07/18/18 Cert. No. 1 to C&T Fee Reimbursements as Fee Credits Reimbursements Converted to Infrastructure Fee Credits $41,772,206 ($970,990) $40,801,216 Village 7 03/13/19 Cert. No. 1 to C&T Fee Reimbursements as Fee Credits Reimbursements Converted to Public Lands Fee Credits $40,801,216 ($39,240) $40,761,976 Village 7 03/13/19 Cert. No. 2 to C&T Fee Reimbursements as Fee Credits Reimbursements Converted to Infrastructure Fee Credits $40,761,976 ($2,631,462) $38,130,514 Village 4 03/21/19 Cert. No. 2 to C&T Fee Reimbursements as Fee Credits Reimbursements Converted to Public Lands Fee Credits $38,130,514 ($74,120) $38,056,394 Village 4 03/21/19 Cert. No. 3 to C&T Fee Reimbursements as Fee Credits Reimbursements Converted to Infrastructure Fee Credits $38,056,394 ($1,493,076) $36,563,318 Village 8 03/21/19 Cert. No. 3 to C&T Fee Reimbursements as Fee Credits Reimbursements Converted to Public Lands Fee Credits $36,563,318 ($52,320) $36,510,998 Village 8 03/21/19 Cert. No. 4 to C&T Fee Reimbursements as Fee Credits Reimbursements Converted to Infrastructure Fee Credits $36,510,998 ($1,412,327) $35,098,671 Village 5 03/21/19 Cert. No. 4 to C&T Fee Reimbursements as Fee Credits Reimbursements Converted to Public Lands Fee Credits $35,098,671 ($39,240) $35,059,431 Village 5 03/21/19 FY 2019-2020 Adjustment [4] 2.50% $35,059,431 $876,486 $35,935,917 TNHC Russell Ranch 07/01/19 FY 2020-2021 Adjustment [4] 2.25% $35,935,917 $808,558 $36,744,475 TNHC Russell Ranch 07/01/20 City Cash Reimbursement SPIF Infrastructure Fee Cash Reimbursement $36,744,475 ($662,671) $36,081,804 TNHC Russell Ranch October 2020 Assignment and Assumption Agreement [6] Assignment of Reimbursements to Lennar Homes of California, Inc. $36,081,804 ($36,081,804) $0 Lennar Homes 12/18/20 rr tnhc reimbursements
Source: City of Folsom; TNHC Russell Ranch; Hefner, Stark & Marois, LLP; MacKay & Somps; EPS. [1] Based on dedication of 1.37 acre water tank site at $436,000 per acre. [2] Reflects 1/3 share of MIC/TNHC Shared Ph. 1 Backbone Facilities construction costs. [3] This Fee Reimbursement represents 10 percent of the original estimated Fee Reimbursement set-aside as security for any required warranty work and is ineligible for conversion to Fee Credits until expiration of the warranty period and completion of any such required warranty work.
[4] As stipulated in the SPIF Ordinance and the SPIF Reimbursement Agreements the reimbursement balance shall be adjusted annually based on the annual percentage change in Engineering-News Record Construction Cost Index. See Table C-18 for details. [5] Reflects a retroactive adjustment to the reimbursement balance prior to 7/1/18. These adjustments are based on the following balance amounts:

MIC/TNHC Share Ph.1 Backbone Facilities (SPIF Infrastructure): $5,025,274.

MIC/TNHC Share Ph.1 Backbone Facilities (CFD No. 18/Set-Aside): $1,691,731. [6] Per the Assignment and Assumption Agreement signed December 18, 2020, TNHC Russell Ranch, LLC assigns all outstanding reimbursements associated with the following Reimbursement Agreements:
- FPA SPIF Reimbursement Agreement - MIC/TNHC Shared Phase 1 Backbone Facilities. - CFD No. 18 and FPA SPIF Acquisition & Shortfall Agreement - MIC/TNHC Shared Phase 1 Backbone Facilities. - FPA SPIF Fee Reimbursement Agreement - TNHC Russell Ranch Phase 1 Backbone Facilities. [7] TNHC exhausts its parkland dedication acreage with the Final Map for Village 5. Therefore, TNHC shall pay for the dedication of 0.53 of parkland acres.

Prepared by EPS - 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\Models\SPIF Reimbursement Tracking\142079 SPIF Reimbursement Tracking m1 03-12-25 C-5

11/12/2025 Item No.11.

Table C-4
City of Folsom
SPIF Credit/Reimbursement Tracking
East Carpenter Improvement Company (ECIC)
Agreement Description
PFR
Compliant
Non-PFR-
Compliant Total
PFR
Compliant
Non-PFR-
Compliant Total
PFR
Compliant
Non-PFR-
Compliant Total Recipient/Destination
Transaction
Date
FPA SPIF Fee Reimbursement Agreement (2019 Priority) [1] ECIC/Enclave Shared Costs $5,237,338 $561,794 $5,799,132 $0 $0 $0 $5,237,338 $561,794 $5,799,132 ECIC 12/04/19 30-Percent Retention for Punch-List/Warranty Set-Aside until True-Up Process $5,237,338 $561,794 $5,799,132 ($1,739,740) $0 ($1,739,740) $3,497,598 $561,794 $4,059,392 ECIC 12/04/19 Cert. No. 1 to C&T Fee Reimbursements as Credits Non-PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $3,497,598 $561,794 $4,059,392 $0 ($561,794) ($561,794) $3,497,598 $0 $3,497,598 ECIC 01/08/20 Cert. No. 1 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $3,497,598 $0 $3,497,598 ($1,034,846) $0 ($1,034,846) $2,462,752 $0 $2,462,752 ECIC 01/08/20 Cert. No. 1 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Public Land Fee Credits $2,462,752 $0 $2,462,752 ($42,600) $0 ($42,600) $2,420,152 $0 $2,420,152 ECIC 01/08/20 Receive 15-Percent of Retained Costs Approval from Steve Krahn & Kelley Butcher $2,420,152 $0 $2,420,152 $869,870 $0 $869,870 $3,290,022 $0 $3,290,022 ECIC 04/06/20 Receive Remaining Portion of Retained Costs Approval from Steve Krahn - June 30, 2020 $3,290,022 $0 $3,290,022 $869,870 $0 $869,870 $4,159,892 $0 $4,159,892 ECIC 06/30/20 FY 2020-2021 Adjustment [2] 2.25% $4,159,892 $0 $4,159,892 $93,598 $0 $93,598 $4,253,490 $0 $4,253,490 ECIC 07/01/20 Cert. No. 2 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $4,253,490 $0 $4,253,490 ($845,280) $0 ($845,280) $3,408,210 $0 $3,408,210 ECIC 07/21/20 Cert. No. 2 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Public Land Fee Credits $3,408,210 $0 $3,408,210 ($21,300) $0 ($21,300) $3,386,910 $0 $3,386,910 ECIC 07/21/20 Cert. No. 3 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $3,386,910 $0 $3,386,910 ($2,133,790) $0 ($2,133,790) $1,253,120 $0 $1,253,120 ECIC 07/21/20 Cert. No. 3 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Public Land Fee Credits $1,253,120 $0 $1,253,120 ($72,420) $0 ($72,420) $1,180,700 $0 $1,180,700 ECIC 07/21/20 SPIF True-Up [3] True-Up Approved by City September 2020 $1,180,700 $0 $1,180,700 $533,153 $1,608,669 $2,141,822 $1,713,853 $1,608,669 $3,322,522 ECIC September 2020 Cert. No. 4 to C&T Fee Reimbursements as Credits Non-PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $1,713,853 $1,608,669 $3,322,522 $0 ($1,608,669) ($1,608,669) $1,713,853 $0 $1,713,853 ECIC 03/25/21 Cert. No. 4 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $1,713,853 $0 $1,713,853 ($1,520,927) $0 ($1,520,927) $192,926 $0 $192,926 ECIC 03/25/21 Cert. No. 4 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Public Land Fee Credits $192,926 $0 $192,926 ($75,360) $0 ($75,360) $117,566 $0 $117,566 ECIC 03/25/21 FY 2021-2022 Adjustment [2] 3.25% $117,566 $0 $117,566 $3,821 $0 $3,821 $121,387 $0 $121,387 ECIC 07/01/21 Cert. No. 5 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $121,387 $0 $121,387 ($121,487) $0 ($121,487) ($100) $0 ($100) ECIC 04/29/22 FY 2022-2023 Adjustment [2] 5.54% ($100) $0 ($100) ($6) $0 ($6) ($106) $0 ($106) ECIC 07/01/22 FY 2023-2024 Adjustment [2] 8.87% ($106) $0 ($106) ($9) $0 $0 ($116) $0 ($116) ECIC 07/01/23 FY 2024-2025 Adjustment [2] 2.65% ($116) $0 ($116) ($10) $0 $0 ($126) $0 ($126) ECIC 07/01/24 FPA SPIF Parkland Dedication Credit Agreement Mangini Ranch Phase 2, Lot 14 5.65 - 5.65 0.00 - 0.00 5.65 0.00 5.65 ECIC 12/04/19 Cert. No. 1 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 5.65 - 5.65 (0.66) - (0.66) 4.99 0.00 4.99 Mangini Ph. 2, V. 7 01/08/20 Cert. No. 2 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 4.99 - 4.99 (0.35) - (0.35) 4.64 0.00 4.64 Mangini Ph. 2, V. 8 07/21/20 Cert. No. 3 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 4.64 - 4.64 (1.07) - (1.07) 3.57 0.00 3.57 Mangini Ph. 2, V. 4 07/21/20 Cert. No. 4 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 3.57 - 3.57 (1.14) - (1.14) 2.43 0.00 2.43 Mangini Ph. 2, V. 10 03/25/21 Cert. No. 5 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 2.43 - 2.43 (2.43) (2.43) 0.00 0.00 0.00 FPA SPIF Program Public Lands Fee Reimbursement Agreement (2021 Priority) Transit Corridors, Police, and Fire Station Sites (4.19 Acres) [4] $1,754,215 $0 $1,754,215 $0 $0 $0 $1,754,215 $0 $1,754,215 ECIC 03/12/21 2021 Valuation Update [5] Based on $399,000 per acre $1,671,810 $0 $1,671,810 $0 $0 $0 $1,671,810 $0 $1,671,810 ECIC 07/01/21 Cert. No. 1 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $1,671,810 $0 $1,671,810 ($1,623,930) $0 ($1,623,930) $47,880 $0 $47,880 Mangini Ph. 2C, V. 3 (Beazer) 04/29/22 Cert. No. 1 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Public Land Fee Credits $47,880 $0 $47,880 (47,880.00) $0 ($47,880) $0 $0 $0 Mangini Ph. 2C, V. 3 Not Yet Executed FPA SPIF Fee Reimbursement Agreement (2022) Mangini Phase 2A, Villages 7 and 10 $0 $3,885,683 $3,885,683 $0 $0 $0 $0 $3,885,683 $3,885,683 04/18/21 Cert. No. 1 to C&T Fee Reimbursements as Credits Non-PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $0 $3,885,683 $3,885,683 $0 ($172,123) ($172,123) $0 $3,713,560 $3,713,560 Mangini Ph. 2C, V. 3 (Beazer) 04/29/22 2022 Valuation Update 5.54% $0 $3,713,560 $3,713,560 $0 $205,731 $205,731 $0 $3,919,291 $3,919,291 ECIC 07/01/22 Cert No. 2 Transfer from CMB Cost Sharing Mangini Ranch Phase 2 Improvements $0 $3,919,291 $3,919,291 $2,511,513 $0 $2,511,513 $2,511,513 $3,919,291 $6,430,804 ECIC Cert. No. 3 to C&T Fee Reimbursements as Credits Non-PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $2,511,513 $3,919,291 $6,430,804 $0 ($215,700) ($215,700) $2,511,513 $3,703,591 $6,215,104 Spanos Alder Creek Apartments (265 MHD) Cert. No. 4 to C&T Fee Reimbursements as Credits Non-PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $2,511,513 $3,703,591 $6,215,104 ($2,511,513) ($3,330,792) ($5,842,305) $0 $372,799 $372,799 KB Homes MR P2C V5+6 Cert. No. 4 to C&T Fee Reimbursements as Credits Non-PFR Compliant Reimburse. Conv. To Public Land Fee Credits $0 $372,799 $372,799 $0 ($144,200) ($144,200) $0 $228,599 $228,599 KB Homes MR P2C V5+6 Cert. No. 5 to C&T Fee Reimbursements as Credits Non-PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $0 $228,599 $228,599 $0 ($228,599) ($228,599) $0 $0 $0 MPA Apartments (152 MU) 03/09/23 FPA SPIF Fee Reimbursement Agreement (2022) Mangini Ranch Phase 2C, Village 3 Backbone $0 $4,722,965 $4,722,965 $0 $0 $0 $0 $4,722,965 $4,722,965 ECIC Phase 2C Village 3 09/15/22 Cert. No. 1 to C&T Fee Reimbursements as Credits Non-PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $0 $4,722,965 $4,722,965 $0 ($522,954) $0 $0 $4,200,011 $4,200,011 MPA Apartments (152 MU) 03/09/23 FY 2023-2024 Adjustment [2] 8.87% $0 $4,200,011 $4,200,011 $0 $372,541 $0 $0 $4,572,552 $4,572,552 ECIC 07/01/23 FY 2024-2025 Adjustment [2] 2.65% $0 $4,572,552 $4,572,552 $0 $121,173 $0 $0 $4,693,725 $4,693,725 ECIC 07/01/24 Cert. No. 2 to C&T Fee Reimbursements as Credits Non-PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $0 $4,693,725 $4,693,725 $0 ($3,896,921) ($3,896,921) $0 $796,804 $796,804 TPS Apartments (136 MMD) Cert. No. 2 to C&T Fee Reimbursements as Credits Non-PFR Compliant Reimburse. Conv. To Public Land Fee Credits $0 $796,804 $796,804 $0 ($91,533) ($91,533) $0 $705,271 $705,271 TPS Apartments (136 MMD) FY 2025-2026 Adjustment [2] 0.66% $0 $705,271 $705,271 $0 $4,655 $4,655 $0 $709,925 $709,925 ECIC 07/01/25 FPA SPIF Fee Reimbursement Agreement (2022) Mangini Ranch Phase 2C, Village 5 & 6 Backbone $0 $338,940 $338,940 $0 $0 $0 $0 $338,940 $338,940 ECIC Phase 2C Village 5 & 6 09/15/22 FY 2023-2024 Adjustment [2] 8.87% $0 $338,940 $338,940 $0 $30,064 $0 $0 $369,004 $369,004 ECIC 07/01/23 FY 2024-2025 Adjustment [2] 2.65% $0 $369,004 $369,004 $0 $9,779 $0 $0 $378,783 $378,783 ECIC 07/01/24 Cert. No. 1 to C&T Fee Reimbursements as Credits Non-PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $0 $378,783 $378,783 $0 ($378,783) ($378,783) $0 $0 $0 TPS Apartments (136 MMD) ecic reimbursements
Source: City of Folsom; EPS.
[1] Reflects ECIC's share of total costs ($10,456,880) split between ECIC and Enclave. [2] As stipulated in the SPIF Ordinance and the SPIF Reimbursement Agreements the reimbursement balance shall be adjusted annually based on the annual percentage change in Engineering-News Record Construction Cost Index. See Table C-18 for details. [3] Based on a City-confirmed True-Up analysis conducted in September 2020. EPS adjusted and verified the True-Up and split the dollar amount between ECIC and Enclave at approximately 49% and 51%, respectfully. Further, EPS distributed each parties' True-Up share between PFR Compliant and Non-PFR Compliant based on the percentage allocation indicated in the provided True-Up Analysis. [4] Includes 1.19 acres for transit corridors, 1.50 acres for fire station and 1.50 acres for police station. [5] As stipulated in the SPIF Ordinance, the land value for establishing the parkland and public lands fee components shall be adjusted based on a three-year rolling average of appraised value for such land dedications. See Table C-18 for land valuation updates.

Key:

C&T - Credit and Transfer
East Carpenter
Improvement Company
End BalanceTransaction AmountBeginning Balance
Transactions
Prepared by EPS - 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\Models\SPIF Reimbursement Tracking\142079 SPIF Reimbursement Tracking m1 03-12-25 C-6

11/12/2025 Item No.11.

Table C-5
City of Folsom
SPIF Credit/Reimbursement Tracking
Eagle Entities (Eagle Commercial, Eagle Office)
Agreement Description
PFR
Compliant
Non-PFR-
Compliant Total
PFR
Compliant
Non-PFR-
Compliant Total
PFR
Compliant
Non-PFR-
Compliant Total Recipient/Destination
Transaction
Date
FPA SPIF Fee Reimbursement Agreement (2017 Priority) TNHC Russell Ranch Ph. 1 Backbone Facilities [1] $214,300 $0 $214,300 $0 $0 $0 $214,300 $0 $214,300 Eagle/Enclave 07/18/18 FY 2019-2020 Adjustment [2] 2.50% $214,300 $0 $214,300 $5,358 $0 $5,358 $219,658 $0 $219,658 Eagle/Enclave 07/01/19 Cert. No. 1 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $219,658 $0 $219,658 ($219,658) $0 ($219,658) $0 $0 $0 KB Home (Enclave Builder) 03/23/20 FPA SPIF Fee Reimbursement Agreement (2019 Priority) ECIC/Enclave Shared Costs for Phase 2A Backbone [3] $3,292,143 $1,365,605 $4,657,748 $0 $0 $0 $3,292,143 $1,365,605 $4,657,748 Eagle/Enclave 01/08/20 30-Percent Retention for Punch-List/Warranty Set-Aside until True-Up Process $3,292,143 $1,365,605 $4,657,748 ($1,397,324) $0 ($1,397,324) $1,894,819 $1,365,605 $3,260,424 Eagle/Enclave 01/08/20 Cert. No. 1 to C&T Fee Reimbursements as Credits Non-PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $1,894,819 $1,365,605 $3,260,424 $0 ($1,365,605) ($1,365,605) $1,894,819 $0 $1,894,819 KB Home (Enclave Builder) 03/23/20 Cert. No. 1 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $1,894,819 $0 $1,894,819 ($1,021,017) $0 ($1,021,017) $873,802 $0 $873,802 KB Home (Enclave Builder) 03/23/20 Cert. No. 1 to C&T Fee Reimbursements as Credits PFR Compliant Reimburse. Conv. To Public Lands Fee Credits $873,802 $0 $873,802 ($72,420) $0 ($72,420) $801,382 $0 $801,382 KB Home (Enclave Builder) 03/23/20 Receive 30-Percent of Retained Costs Approval from Steve Krahn - June 30, 2020 $801,382 $0 $801,382 $1,397,324 $0 $1,397,324 $2,198,706 $0 $2,198,706 Eagle/Enclave 06/30/20 FY 2020-2021 Adjustment [2] 2.25% $2,198,706 $0 $2,198,706 $54,968 $0 $54,968 $2,253,674 $0 $2,253,674 Eagle/Enclave 07/01/20 SPIF True-Up [4] True-Up Approved by City September 2020 $2,253,674 $0 $2,253,674 $2,347,808 $1,192,466 $3,540,274 $4,601,482 $1,192,466 $5,793,948 Eagle/Enclave September 2020 FY 2021-2022 Adjustment [2] 3.25% $4,601,482 $1,192,466 $5,793,948 $149,548 $38,755 $188,303 $4,751,030 $1,231,221 $5,982,251 Eagle/Enclave 07/01/21 Cert No. 2 to Convert & Apply Fee Reimb. as Fee Credits [1] Cert No. 2 to Convert & Apply Fee Reimb. as Fee Credits [1] $4,751,030 $1,231,221 $5,982,251 ($4,751,030) ($825,106) ($5,576,136) $0 $406,115 $406,115 UC Davis Parcel 85 09/29/21 Cert No. 3 to Convert & Apply Fee Reimb. as Fee Credits [1] Non-PFR Compliant Reimburse. Conv. + Transfer To Infrastructure Fee Credits $0 $406,115 $406,115 $0 ($406,115) ($406,115) $0 $0 $0 Eagle Shops P2, S1, S2, P3 06/22/22 FPA SPIF Program Public Lands Fee Reimbursement Agreement (2017 Priority) Enclave/Eagle Booster Pump Station Site (0.46 Ac.) [5] $192,587 $0 $192,587 $0 $0 $0 $192,587 $0 $192,587 Eagle 11/30/20 2021 Valuation Update [6] Based on $399,000 per acre $183,540 $0 $183,540 $0 $0 $0 $183,540 $0 $183,540 Eagle 07/01/21 Certificate No. 1 to Convert and Apply Fee Reimb. as Fee Credits [1] PFR Compliant Reimburse. Conv. To Infrastructure Fee Credits $183,540 $0 $183,540 ($183,540) $0 ($183,540) $0 $0 $0 UC Davis Parcel 85 09/29/21 FPA SPIF Infrastructure Fee Reimbursement Agreement Parcel 61 and 77 Backbone Facilties $15,922,750 $0 $15,922,750 $0 $0 $0 $15,922,750 $0 $15,922,750 Enclave 11/10/21 FY 2022-2023 Adjustment [2] 5.54% $15,922,750 $0 $15,922,750 $882,120 $0 $882,120 $16,804,870 $0 $16,804,870 Enclave 07/01/22 FY 2023-2024 Adjustment [2] 8.87% $16,804,870 $0 $16,804,870 $1,490,592 $0 $1,490,592 $18,295,462 $0 $18,295,462 Enclave 07/01/23 Construction True-Up August 2023 SPIF Adjustment $24,415,437 $0 $24,415,437 $0 $0 $0 $24,415,437 $0 $24,415,437 Enclave August 2023 FY 2024-2025 Adjustment [2] 2.65% $24,415,437 $0 $24,415,437 $647,009 $0 $647,009 $25,062,446 $0 $25,062,446 Enclave 07/01/24 Final True Up True Up $25,062,446 $0 $25,062,446 ($5,780,188) $7,736,460 $1,956,272 $19,282,258 $7,736,460 $27,018,718 Enclave 03/05/25 FY 2025-2026 Adjustment [2] 0.66% $19,282,258 $7,736,460 $27,018,718 $127,263 $51,061 $178,324 $19,409,521 $7,787,520 $27,197,041 Enclave 07/01/25 Certificate No. 1 to Convert and Transfer Fee Reimb. Non-PFR Compliant Reimburse. Conv. + Transfer To Infrastructure Fee Credits $19,409,521 $7,787,520 $27,197,041 $0 ($1,423,414) ($1,423,414) $19,409,521 $6,364,106 $25,773,627 Eagle Commercial Partners, 07/09/25 FPA SPIF Infrastructure Fee Reimbursement Agreement Parcel 85A Backbone Facilities $7,286,071 $825,275 $8,111,345 $0 $0 $0 $7,286,071 $825,275 $8,111,345 Eagle 05/26/22 Certificate No. 1 to Convert and Transfer Fee Reimb. as Fee Credits Non-PFR Compliant Reimburse. Conv. + Transfer To Infrastructure Fee Credits $7,286,071 $825,275 $8,111,345 $0 ($148,274) ($148,274) $7,286,071 $677,001 $7,963,071 Eagle Shops P2, S1, S2, P3 Certificate No. 1 to Convert and Transfer Fee Reimb. as Fee Credits Non-PFR Compliant Reimburse. Conv. + Transfer To Public Lands Fee Credits $7,286,071 $677,001 $7,963,071 $0 ($12,560) ($12,560) $7,286,071 $664,441 $7,950,511 Eagle Shops P2, S1, S2, P3 FY 2022-2023 Adjustment [2] 5.54% $7,286,071 $664,441 $7,950,511 $403,648 $36,810 $440,458 $7,689,719 $701,251 $8,390,969 Eagle 07/01/22 FY 2023-2024 Adjustment [2] 8.87% $7,689,719 $701,251 $8,390,969 $682,078 $62,201 $744,279 $8,371,797 $763,451 $9,135,248 Eagle 07/01/23 Construction True-Up August 2023 SPIF Adjustment (Includes Westwood Dr. True up $5.016M) [7] $11,726,368 $2,363,231 $14,089,599 $0 $0 $0 $11,726,368 $2,363,231 $14,089,599 Eagle August 2023 Certificate No. 2 to Convert and Transfer Fee Reimb. as Fee Credits Reimbursement Conv. + Transfer To Infrastructure Fee Credits $11,726,368 $2,363,231 $14,089,599 $0 (1,679,524) ($1,679,524) $11,726,368 $683,707 $12,410,075 UC Davis October 2023 Cert No. 3 to Convert and Transfer Fee Reimb. As Fee Credits Reimbursement Conv. + Transfer To Infrastructure Fee Credits $11,726,368 $683,707 $12,410,075 $0 ($47,182) ($47,182) $11,726,368 $636,525 $12,362,893 Eagle Shops P3 02/08/24 Cert No. 4 to Convert and Transfer Fee Reimb. As Fee Credits Reimbursement Conv. + Transfer To Infrastructure Fee Credits $11,726,368 $636,525 $12,362,893 ($4,907,405) ($636,525) ($5,543,930) $6,818,963 $0 $6,818,963 Dignity Installment 1 02/16/24 Final True Up True Up $6,818,963 $0 $6,818,963 ($5,850,123) $7,382,188 $1,532,064 $968,840 $7,382,188 $8,351,027 Eagle 03/18/25 Cert No. 5 to Convert and Transfer Fee Reimb. As Fee Credits Reimbursement Conv. + Transfer To Infrastructure Fee Credits $968,840 $7,382,188 $8,351,027 $0 ($5,690,946) $0 $968,840 $1,691,242 $2,660,081 Dignity Installment 2 06/09/25 Cert No. 6 to Convert and Transfer Fee Reimb. As Fee Credits Reimbursement Conv. + Transfer To Infrastructure Fee Credits $968,840 $1,691,242 $2,660,081 $0 ($113,323) ($113,323) $968,840 $1,577,919 $2,546,758 Shops P4 - Habit Burger 06/30/25 FY 2025-2026 Adjustment [2] 0.66% $968,840 $1,577,919 $2,546,758 $6,394 $10,414 $16,809 $975,234 $1,588,333 $2,563,567 Eagle 7/1/2025 Source: City of Folsom; EPS.
[1] Reflects Enclave's share of FY 2018-2019 total costs ($41,986,506) split between TNHC Russell Ranch LLC and Enclave. [2] As stipulated in the SPIF Ordinance and the SPIF Reimbursement Agreements the reimbursement balance shall be adjusted annually based on the annual percentage change in Engineering-News Record Construction Cost Index. See Table C-18 for details. [3] Reflects Enclave's share of FY 2019-2020 total costs ($10,456,880) split between ECIC and Enclave. [4] Based on a City-confirmed True-Up analysis conducted in September 2020. [5] Enclave/Eagle Booster Pump Station Site initial reimbursement is based on a per-acre value of $418,667. [6] As stipulated in the SPIF Ordinance, the land value for establishing the parkland and public lands fee components shall be adjusted based on a three-year rolling average of appraised value for such land dedications. See Table C-18 for land valuation updates. [7] In October 2023, the City approved a partial true up of total agreement costs (Westwood Drive True Up), thereby making available up to $5,016,482.71 in fee reimbursements eligible to be converted to fee credits. Of this total, $2,363,231.11 are "non-compliant costs" and must be converted to fee credits before compliant costs are converted to fee credits.

Eagle Entities
End BalanceTransaction AmountBeginning Balance
Transactions
Prepared by EPS - 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\Models\SPIF Reimbursement Tracking\142079 SPIF Reimbursement Tracking m1 03-12-25 C-7

11/12/2025 Item No.11.

Table C-6
City of Folsom
SPIF Credit/Reimbursement Tracking
Gragg Ranch Recovery Acquisition
Agreement Description
PFR
Compliant
Non-PFR-
Compliant Total
PFR
Compliant
Non-PFR-
Compliant Total
PFR
Compliant
Non-PFR-
Compliant Total Recipient/Destination
Transaction
Date
FPA SPIF Fee Reimbursement Agreement WRSP Backbone Improvements $10,999,824 $0 $10,999,824 $0 $0 $0 $10,999,824 $0 $10,999,824 Gragg Ranch Recovery Acquisition LLC 06/25/19 Cert No. 1 to Convert & Apply Fee Reimb. as Fee Credits SPIF Fee Reimb. Converted/Applied to Infrastructure Fee Credits $10,999,824 $0 $10,999,824 ($1,269,990) $0 ($1,269,990) $9,729,834 $0 $9,729,834 WRSP Village 1 07/11/19 Cert No. 1 to Convert & Apply Fee Reimb. as Fee Credits SPIF Fee Reimb. Converted/Applied to Public Lands Fee Credits $9,729,834 $0 $9,729,834 ($89,460) $0 ($89,460) $9,640,374 $0 $9,640,374 WRSP Village 1 07/11/19 Cert No. 1B to Convert & Apply Fee Reimb. as Fee Credits SPIF Fee Reimb. Converted/Applied to Infrastructure Fee Credits $9,640,374 $0 $9,640,374 ($818,440) $0 ($818,440) $8,821,934 $0 $8,821,934 WRSP Village 1B 07/11/19 Cert No. 1B to Convert & Apply Fee Reimb. as Fee Credits SPIF Fee Reimb. Converted/Applied to Public Lands Fee Credits $8,821,934 $0 $8,821,934 ($25,560) $0 ($25,560) $8,796,374 $0 $8,796,374 WRSP Village 1B 07/11/19 Cert No. 2 to Convert & Apply Fee Reimb. as Fee Credits SPIF Fee Reimb. Converted/Applied to Infrastructure Fee Credits $8,796,374 $0 $8,796,374 ($3,017,568) $0 ($3,017,568) $5,778,806 $0 $5,778,806 WRSP Village 8 & 9 09/24/19 Cert No. 2 to Convert & Apply Fee Reimb. as Fee Credits SPIF Fee Reimb. Converted/Applied to Public Lands Fee Credits $5,778,806 $0 $5,778,806 ($85,200) $0 ($85,200) $5,693,606 $0 $5,693,606 WRSP Village 8 & 9 09/24/19 Cert No. 3 to Convert & Apply Fee Reimb. as Fee Credits SPIF Fee Reimb. Converted/Applied to Infrastructure Fee Credits $5,693,606 $0 $5,693,606 ($2,537,512) $0 ($2,537,512) $3,156,094 $0 $3,156,094 WRSP Village 2 & 3 2019 Q4 Cert No. 3 to Convert & Apply Fee Reimb. as Fee Credits SPIF Fee Reimb. Converted/Applied to Public Lands Fee Credits $3,156,094 $0 $3,156,094 ($80,940) $0 ($80,940) $3,075,154 $0 $3,075,154 WRSP Village 2 & 3 2019 Q4 Cert No. 4 to Convert & Apply Fee Reimb. as Fee Credits [1] SPIF Fee Reimb. Converted/Applied to Infrastructure Fee Credits $3,075,154 $0 $3,075,154 ($3,075,154) $0 ($3,075,154) $0 $0 $0 WRSP Villages 4, 5, 6, 7 2019 Q4 FPA SPIF Public Facility Land Dedication Reimb. Agreement Zone 3 Water Tank Site (Carr Trust) (3.40 Acres) $1,448,400 $0 $1,448,400 $0 $0 $0 $1,448,400 $0 $1,448,400 Gragg Ranch Recovery Acquisition LLC 06/25/19 Cert. No. 1 to Convert & Apply Fee Reimb. as Fee Credits Public Lands Fee Reimb. Converted/Applied to Infrastructure Fee Credits $1,448,400 $0 $1,448,400 ($1,448,400) $0 ($1,448,400) $0 $0 $0 WRSP Village 1 07/11/19 FPA SPIF Parkland Dedication Credit Agreement WRSP Lot 11 (5.50 Acres) 5.50 - 5.50 0.00 - 0. 00 5.50 0. 00 5.50 Gragg Ranch Recovery Acquisition LLC 06/25/19 Cert. No. 1 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 5.50 - 5.50 (1.36) - (1.36) 4.14 0.00 4.14 WRSP Village 1 07/11/19 Cert. No. 1B to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 4.14 - 4.14 (0.41) - (0.41) 3.73 0.00 3.73 WRSP Village 1B 07/11/19 Cert. No. 2 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 3.73 - 3.73 (1.26) - (1.26) 2.47 0.00 2.47 WRSP Villages 8 & 9 09/24/19 Cert. No. 3 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 2.47 - 2.47 (1.18) - (1.18) 1.29 0.00 1.29 WRSP Villages 2 & 3 2019 Q4 Cert. No. 4 to Transfer Parkland Dedication Acreage Credits [2] Transfer Parkland Dedication to Credits 1.29 - 1.29 (1.29) - (1.29) 0.00 0.00 0.00 WRSP Villages 4, 5, 6, 7 2019 Q4 gragg reimbursements
Source: City of Folsom; EPS.

Key:

Reimb. - Reimbursement
[1] WRSR exhausts its SPIF Infrastructure Fee reimbursement with the Final Map for Villages 4 to 7. Therefore, WRSR will need to pay $993,914 in SPIF Infrastructure Fees and $132,060 in SPIF Public Facility Land Equalization Fees.

See the enclosed SPIF calculation packet for Villages 4 to 7 for details. [2] WRSR exhausts its parkland dedication acreage with the Final Map for Villages 4 to 7. Therefore, WRSR will need to pay for the dedication of 0.68 parkland acres.

Acres
Gragg Ranch
End BalanceTransaction AmountBeginning Balance
Transactions
Prepared by EPS - 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\Models\SPIF Reimbursement Tracking\142079 SPIF Reimbursement Tracking m1 03-12-25 C-8

11/12/2025 Item No.11.

Table C-7
City of Folsom
SPIF Credit/Reimbursement Tracking
City of Folsom
Agreement Description
Beginning
Balance
Transaction
Amount
End
Balance Recipient/Destination
Transaction
Date
FPA SPIF Fee Reimbursement Agreement (2017 Priority) [1] Water Treatment Plant & Other Water Improvements $1,869,611 $0 $1,869,611 City of Folsom July 2020 SPIF Infrastructure Fee Cash Reimbursement $1,869,611 ($26,934) $1,842,677 City of Folsom October 2020

3.25% $1,842,677 $59,887 $1,902,564 City of Folsom 07/01/21

5.54% $1,902,564 $105,402 $2,007,966 City of Folsom 07/01/22

8.87% $2,007,966 $178,107 $2,186,073 City of Folsom 07/01/23

2.65% $2,186,073 $57,931 $2,244,004 City of Folsom 07/01/24 City Cash Reimbursement
FY 2021-2022 Adjustment [2]
FY 2022-2023 Adjustment [2]
FY 2023-2024 Adjustment [2]
FY 2024-2025 Adjustment [2]
FY 2025-2026 Adjustment [2] 0.66% $2,244,004 $14,810 $2,258,814 City of Folsom 07/01/25 city reimbursements
Source: City of Folsom; EPS.
[1] As described in the SPIF Nexus Study FY 2020-2021 Update, the City incurred costs to improve and expand water treatment plant and water conveyance facilities to accommodate new citywide growth, including growth expected in the FPASP. The SPIF Fee Program originally included approximately $7.7 million of existing water system costs the City invested in recent years. The City requested that the City's past investments in the existing water system be allocated to the remaining FPASP land uses and charged as a Set-Aside Fee so the City can more efficiently recover its past water system investments. The amount shown in the beginning balance reflects the proportion of SPIF credits that have been executed through July 15, 2020 which the City has executed a SPIF Fee Program Reimbursement to be reimbursed by FPASP developers and builders through the SPIF Fee Program.

Transactions
City of Folsom
[2] As stipulated in the SPIF Ordinance and the SPIF Reimbursement Agreements the reimbursement balance shall be adjusted annually based on the annual percentage change in Engineering-News Record Construction Cost Index. See Table C-18 for details.

Prepared by EPS - 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\Models\SPIF Reimbursement Tracking\142079 SPIF Reimbursement Tracking m1 03-12-25 C-9

11/12/2025 Item No.11.

Table C-8
City of Folsom
SPIF Credit/Reimbursement Tracking
Folsom Real Estate South, LLC (FRES)
Agreement Description
PFR
Compliant
Non-PFR-
Compliant Total
PFR
Compliant
Non-PFR-
Compliant Total
PFR
Compliant
Non-PFR-
Compliant Total Recipient/Destination
Transaction
Date
FPA SPIF Parkland Dedication Credit Agreement Mangini Ranch Phase 2, Lot 13 Community Park East 26.19 - 26.19 0.00 - 0.00 26.19 0.00 26.19 FRES 04/12/21 Cert. No. 1 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 26.19 - 26.19 (0.51) - (0.51) 25.68 0.00 25.68 Mangini Ph. 1, V. 3 05/21/21 Cert. No. 2 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 25.68 - 25.68 (2.80) - (2.80) 22.88 0.00 22.88 Toll Brothers Folsom Ranch, Ph. 1B & 1C July 2021 Cert. No. 3 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 22.88 - 22.88 (2.36) - (2.36) 20.52 0.00 20.52 Mangini Ph. 2, V. 1 & 2 10/21/21 Cert. No. 4 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 20.52 - 20.52 (0.97) (0.97) 19.55 0.00 19.55 AIC MR P1C V1 03/18/22 Cert. No. 5 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 19.55 - 19.55 (0.40) (0.40) 19.15 0.00 19.15 AIC MR P1C V2 03/18/22 Cert. No. 6 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 19.15 - 19.15 (0.34) (0.34) 18.81 0.00 18.81 AIC MR P1C V3 03/29/22 Cert. No. 7 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 18.81 - 18.81 (1.22) (1.22) 17.59 0.00 17.59 TB Phase 1D 03/18/22 Cert. No. 8 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 17.59 - 17.59 (0.77) (0.77) 16.82 0.00 16.82 MR. Ph. 2A,V. 3 (Beazer) 05/11/22 Cert. No. 9 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 16.82 - 16.82 (1.12) (1.12) 15.70 0.00 15.70 AIC MR P1C V4 05/17/22 Cert. No. 10 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 15.70 - 15.70 (1.99) (1.99) 13.71 0.00 13.71 TB Phase 1E Cert. No. 11 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 13.71 - 13.71 (2.70) (2.70) 11.01 0.00 11.01 Van Daele Apts (278 MHD) Cert. No. 12 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 11.01 - 11.01 (1.55) (1.55) 9.46 0.00 9.46 Van Daele Bungalows (160 MMD) Cert. No. 13 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 9.46 - 9.46 (1.49) (1.49) 7.97 0.00 7.97 TCS MR Ph. 3A V1 Cert. No. 13 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 7.97 - 7.97 (1.69) (1.69) 6.28 0.00 6.28 TCS MR Ph. 3A V2+3 Cert. No. 13 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 6.28 - 6.28 (0.41) (0.41) 5.87 0.00 5.87 TCS MR Ph. 3A V4 Cert. No. 14 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 5.87 - 5.87 (0.14) (0.14) 5.73 0.00 5.73 Spanos Alder Creek Apartments Cert. No. 15 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 5.73 - 5.73 (2.23) (2.23) 3.50 0.00 3.50 ECIC KB Homes MR. P2C V 5+6 Cert. No. 16 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 3.50 - 3.50 (3.43) (3.43) 0.07 0.00 0.07 Toll Brothers Folsom Ranch Ph. 1F and 3A Cert. No. 17 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 0.07 - 0.07 (0.07) (0.07) 0.00 0.00 0.00 MPA Apartments (152 MU Units) 03/09/23 VOID Cert. 12 0.00 - 0.00 1.55 1.55 1.55 0.00 1.55 FRES FPA SPIF Program Public Lands Fee Reimbursement Agreement (2021 Priority) Transit Corridor Dedication (0.61 Acres) $255,387 $0 $255,387 $0 $0 $0 $255,387 $0 $255,387 FRES 03/12/21 2021 Valuation Update [1] Based on $399,000 per acre $243,390 $0 $243,390 $0 $0 $0 $243,390 $0 $243,390 FRES 07/01/21 2022 Valuation Update [1] Based on $412,000 per acre $251,320 $0 $251,320 $0 $0 $0 $251,320 $0 $251,320 FRES 07/01/22 2023 Valuation Update [1] Based on $426,667 per acre $260,267 $0 $260,267 $0 $0 $0 $260,267 $0 $260,267 FRES 07/01/23 2024 Valuation Update [1] Based on $457,667 per acre $279,177 $0 $260,267 $0 $0 $0 $279,177 $0 $279,177 FRES 07/01/24 FPA SPIF Parkland Dedication Credit Agreement Mangini Ranch Phase 3, Lot 10 Neighborhood Park 11.06 - 11.06 0.00 - 0.00 11.06 0.00 11.06 FRES 12/09/22 Cert. No. 1 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 11.06 - 11.06 (1.40) - (1.40) 9.66 0.00 9.66 MPA Apartments (152 MU Units) 03/09/23 Cert. No. 2 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 9.66 - 9.66 (1.26) - (1.26) 8.40 0.00 8.40 Toll Bros at Folsom Ranch Phase 2A (86 SFHD) 10/01/23 Cert. No. 3 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 8.40 - 8.40 (1.26) - (1.26) 7.14 0.00 7.14 Toll Bros at Folsom Ranch Phase 2B 12/17/24 Cert. No. 4 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 7.14 - 7.14 (1.11) - (1.11) 6.03 0.00 6.03 Toll Bros at Folsom Ranch Phase 3B Cert. No. 5 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 6.03 - 6.03 (1.04) - (1.04) 4.99 0.00 4.99 Toll Bros at Folsom Ranch Phase 2D Cert. No. 6 to Transfer Parkland Dedication Acreage Credits Transfer Parkland Dedication to Credits 4.99 - 4.99 (1.32) - (1.32) 3.67 0.00 3.67 Sendero Bungalows (136 MMD) fres reimbursements
Source: City of Folsom; EPS.
[1] As stipulated in the SPIF Ordinance and the SPIF Reimbursement Agreements the reimbursement balance shall be adjusted annually based on a three-year rolling average of appraised public land valuations.

Key:

C&T - Credit and Transfer
Acres
Acres
Folsom Real
Estate South
Transactions
Beginning Balance Transaction Amount End Balance
Prepared by EPS - 10/30/2025 Z:\Shared\Projects\SAC\142000\142079 Folsom SPIF Implementation\Models\SPIF Reimbursement Tracking\142079 SPIF Reimbursement Tracking m1 03-12-25 C-10