San Joaquin Area Flood Control Agency
2022 Annual Adequate Progress Report Update
January 24, 2023
1801014 Mossdale APR 2022 Update 2023 0109 .docx i
2450 Venture Oaks Way, Suite 240
Sacramento, CA 95833
Mossdale Tract Program:
2022 Annual
Adequate Progress
Report Update
FOR URBAN LEVEL OF PROTECTION
Prepared for: The San Joaquin Area Flood Control Agency (SJAFCA) January 24, 2023
ATTACHMENT 2
San Joaquin Area Flood Control Agency
2022 Annual Adequate Progress Report Update
January 24, 2023
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TABLE OF CONTENTS
Overview & Context.................................................................................................................................1 Land Use and LFMA Requirements for Maintaining Findings of Adequate Progress toward ULOP ...................2 Mossdale Tract Area Approach to ULOP .............................................................................................................2 Adequate Progress toward ULOP..............................................................................................................6 Critical Features of the Flood Protection System are Under Construction and Each Critical Feature is Progressing...........................................................................................................................................................6 Summary of Scope, Schedule & Cost...................................................................................................................7 Schedule ........................................................................................................................................................7 Total Program Costs......................................................................................................................................8 Applicable Geographic Area Reliant on Adequate Progress Report..........................................................10 Project Funding and Financing Approach ................................................................................................12 Governance Approach to Funding & Implementation ..................................................................................... 13 Project Funding and Financing Plan ........................................................................................................14 Remaining Project Costs................................................................................................................................... 14 LSRP Project................................................................................................................................................ 14 Sources & Uses.................................................................................................................................................. 14 Detailed Cash Flow Analysis and Schedule of Expenses and Revenues ........................................................... 15 Government Code §65007(a) (2) (A) Compliance ...................................................................................... 15 Evaluation of Identified Revenues.................................................................................................................... 24 New Special Assessment ............................................................................................................................ 25 Enhanced Infrastructure Financing District................................................................................................ 25 Status and Schedule for Funding & Financing Implementation ....................................................................... 28 ATTACHMENT 2
San Joaquin Area Flood Control Agency
2022 Annual Adequate Progress Report Update
January 24, 2023
1801014 Mossdale APR 2022 Update 2023 0123.docx ii
LIST OF TABLES
Table 1: Program Cost Summary .........................................................................................................................9 Table 2: RD 17 LSRP Remaining Capital Cost Estimate & Cost Share................................................................ 17 Table 3: ULDC Project Engineer’s Opinion of Probable Cost ............................................................................ 18 Table 4: ULOP Adequate Progress Sources & Uses Statement (through 2026) ............................................... 19 Table 5: ULOP Levee Program Cash Flow and Financing Analysis.................................................................... 20 Table 6: Government Code 65007 (a) Analysis................................................................................................. 22 Table 7: Expenditure Schedule for the Phase 4 Project.................................................................................... 23
LIST OF FIGURES
Figure 1: 200-Year Floodplain Depths for Areas Protected by Levees ............................................................. 11 Figure 2: Combined Assessment Revenue & EIFD Tax Increment Financing Approach ................................... 27
APPENDICES
Appendix A: San Joaquin Area Flood Control Agency Resolution No. 19-06: Resolution to Adopt Policy on Adapting Design Standards for the Mossdale Tract Area of SJAFCA in Light of Climate Change January 29, 2021, Technical Memorandum Prepared by Kjeldsen Sinnock & Neudeck, Inc. re:
San Joaquin Area Flood Control Agency Mossdale Tract Area ULDC Adjustments for Climate Change – Consolidated Cost Estimate
Appendix B: San Joaquin Area Flood Control Agency Resolution No. 22-07: Resolution Directing Staff to Work with the Member Land Use Agencies to Finalize the Mossdale Tract Urban Level of Flood Protection Development Impact Fee Update and Authorizing the Executive Director to Execute an Amended Collection Agreement (excluding the final Nexus Study Update) 1 Amended Agreement for Collection of San Joaquin Area Flood Control Agency Mossdale Tract Area Regional Urban Level of Protection Development Impact Fee (Partial Execution) 1 A full copy of the referenced Final Nexus Study can be found here:
https://stockton.granicus.com/MetaViewer.php?view_id=70&clip_id=7899&meta_id=698228 ATTACHMENT 2
San Joaquin Area Flood Control Agency
2022 Annual Adequate Progress Report Update
January 24, 2023
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Development Impact Fee Program Supporting Tables
Appendix C: RD 17 LSRP Project Supporting Tables
Appendix D: Overlay Assessment District Revenue Analysis Supporting Tables Appendix E: Executed Memorandum of Understanding Regarding the Development of Additional Funding Sources for the Mossdale Tract Area as Between the San Joaquin Area Flood Control Agency and the Cities of Lathrop, Manteca, and Stockton
Appendix F: Mossdale Tract Enhanced Infrastructure Financing District – Infrastructure Financing Plan Final Report dated June 2, 20222
Support Financing Plan Tables
2 A full copy of the referenced IFP Final Report can be found here:
https://www.sjafca.org/home/showpublisheddocument/1275/637902252871700000 ATTACHMENT 2
1801014 Mossdale APR 2022 Update 2023 0109 .docx iv
San Joaquin Area Flood Control Agency
2022 Annual Adequate Progress Report Update
January 24, 2023
LIST OF ABBREVIATIONS
APR Adequate Progress Repot
2016 APR RD 17: Area Adequate Progress Report for Urban Level of Protection (June 2016) Area Mossdale Tract Area
2020 APR Update Mossdale Tract Area 2020 Annual Adequate Progress Report for Urban Level of Protection (May 30, 2017 revised June 13, 2017) CEQA California Environmental Quality Act
Climate Adaptation Policy SJAFCA adopted Policy on Adapting Design Standards for the Mossdale Tract Area of SAJFCA in Light of Climate Change CVFPB Central Valley Flood Protection Board
DIF Development Impact Fee
DWR California Department of Water Resource
EIFD Enhanced Infrastructure Financing District
EIP Early Implementation Program
Engineer’s Report PBI’s March 22, 2016 ULDC Evaluation of the RD 17 Levee Project Levee Improvements to achieve ULDC 200-year requirements IPE Independent Panel of Experts
JEPA Joint Exercise of Powers Agreement
JPA Joint Powers Authority
KSN Kjeldsen, Sinnock & Neudeck Inc.
Land Use Agencies San Joaquin County and the Cities of Lathrop, Manteca, and Stockton LFMA Local Flood Management Agency (previously RD 17,
Lathrop, and Manteca, now SJAFCA)
LSRP Levee Seepage Repair Project
LWA Larsen Wurzel & Associates, Inc.
Mossdale Tract Area The area serviced by Reclamation District No. 17 O&M Operations and maintenance
OAD Special Benefit Overlay Assessment District
ATTACHMENT 2
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San Joaquin Area Flood Control Agency
2022 Annual Adequate Progress Report Update
January 24, 2023
PBI Peterson Brustad, Inc.
RD 17 Reclamation District 17
RFP Request for Proposal
SB5 Senate Bill 5 (2007)
SJAFCA San Joaquin Flood Control Agency
SJCFCWCD San Joaquin County Flood Control and Water Conservation District IFP / the Plan Infrastructure Financing Plan
UFRR Urban Flood Risk Reduction
ULDC Urban Levee Design Criteria
ULOP Urban Level of Flood Protection
USACE U.S. Army Corps of Engineers
ATTACHMENT 2
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San Joaquin Area Flood Control Agency
2022 Annual Adequate Progress Report Update
January 24, 2023
Overview & Context
Larsen Wurzel & Associates, Inc. (LWA) has been engaged by the San Joaquin Flood Control Agency (SJAFCA), the Local Flood Management Agency (LFMA) for the Mossdale Tract Area (the Area), to prepare the Annual Adequate Progress Report Update (Annual APR Update) toward the achievement of an Urban Level of Flood Protection (ULOP) within the Mossdale Tract Area. In 2016 and 2017, the Cities of Lathrop and Manteca, as well as Reclamation District 17 (RD 17) comprised the LFMA and these agencies reported the status of Adequate Progress for the Mossdale Tract Area (Area) to the Central Valley Flood Protection Board (CVFPB).
In January 2018, SJAFCA took over the role of LFMA for the Area and assumed responsibility for Annual Reporting pursuant to Government Code §65007 (a)(5). This Annual APR Update is being submitted by SJAFCA to support all land use agencies within the Area. This is the seventh Annual Report on Adequate Progress for the Mossdale Tract Area; the fifth prepared by SJAFCA.
As noted in the 2018 Annual APR Update, prior to January 2018, SJAFCA’s membership consisted of the City of Stockton, San Joaquin County, and the San Joaquin County Flood Control and Water Conservation District (SJCFCWCD). Effective January 1, 2018, the Joint Exercise of Powers Agreement (JEPA) establishing SJAFCA was amended to include the Cities of Lathrop and Manteca. This action was taken by all members of the new SJAFCA organization as part of the plan (described further within this report3) to achieve ULOP. Herein, San Joaquin County and the Cities of Lathrop, Manteca, and Stockton are jointly referred to as the Land Use Agencies.
In June 2016, LWA prepared the “RD 17 Area: Adequate Progress Report for Urban Level of Protection” (2016 APR). The 2016 APR served as a strategic plan describing and outlining the steps that the LFMA and the Land Use Agencies in the RD 17 basin (hereinafter referred to as the Mossdale Tract Area) are taking to generate the local funding necessary to advance and ultimately implement 200-year levee improvements in accordance with the requirements of Senate Bill 5 (2007) (SB5). The 2016 APR described several aspects including:
• The requirements set forth by SB5 and ULOP;
• The requirements of the Land Use Agencies in making findings related to Adequate Progress toward ULOP, and, more specifically;
• The approach the LFMAs in the Mossdale Tract Area were taking with respect to compliance with the guidance provided by the California Department of Water Resource (DWR) in support of the Land Use Agencies’ maintenance of findings of Adequate Progress. 3 Reference the Governance Approach to Funding & Implementation section (page 12) of this report.
ATTACHMENT 2
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San Joaquin Area Flood Control Agency
2022 Annual Adequate Progress Report Update
January 24, 2023
Land Use and LFMA Requirements for Maintaining Findings of Adequate Progress toward ULOP
Adequate Progress has been defined by the 2007 California Flood Legislation (see Government Code §65007(a)) as:
• The development of the scope, schedule, and cost to complete flood protection facilities; • Documentation that revenues have been identified to support implementation of the flood protection facilities;
• Evidence that critical features of the flood protection facilities are under construction and progressing; • The city or county has not been responsible for a significant delay in the completion of the system; and
• The LFMA has provided DWR and the CVFPB information to determine substantial completion of the required flood protection.
Regarding the last bullet, the LFMA must annually document:
• That the total project scope, schedule, and cost of the completed flood protection system have been developed to meet the appropriate standard of protection; • That 90% of the required revenue scheduled to be received by that year have been appropriated and are being expended;
• Critical features of the flood protection system are under construction and each critical feature is progressing as indicated by the actual expenditures of the construction budget; and, • The city or county has not been responsible for a significant delay in the completion of the system.
In addition, the 2007 California Flood Control Legislation requires the LFMA to report annually to the CVFPB on the status of progress toward completion of the flood protection system.
This 2022 Annual Adequate Progress Report Update is intended to satisfy the annual reporting requirements of the LFMA for reference by the Land Use Agencies in the Mossdale Tract Area in their ULOP findings.
Mossdale Tract Area Approach to ULOP
The 2016 APR was prepared by the Cities of Lathrop and Manteca and RD 17 to provide information for the Cities and County located within the Mossdale Tract Area, for their reference in support of their respective ULOP findings for land use decisions within the Mossdale Tract Area. The following describes the evidentiary conclusions from the 2016 APR, based on DWR’s ULOP criteria (collectively the ULOP EVD-3 4 ):
• A report prepared by the LFMA demonstrating Adequate Progress as defined in California Government Code Section 65007(a).
o The 2016 APR, in combination with other documentation prepared by the Land Use Agencies demonstrated adequate progress.
4 Reference page 2-10 within the ULOP Criteria, November 2013.
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San Joaquin Area Flood Control Agency
2022 Annual Adequate Progress Report Update
January 24, 2023
• A report prepared by a Professional Civil Engineer registered in California to document the data and analyses for demonstrating the property, development project, or subdivision will have ULOP at the time when the flood protection system is completed.
o The LFMA requested that a team of Professional Engineers led by Peterson Brustad, Inc. (PBI) in coordination with their subconsultants, Kjeldsen, Sinnock & Neudeck Inc. (KSN) and ENGEO prepare the required report. Their report, dated March 22, 2016, compiled under a Cover Memorandum titled “Urban Levee Design Criteria (ULDC) Evaluation of the RD17 Levee” met the requirement at that time.
• A report by an Independent Panel of Experts (IPE) on the review of the report prepared by the Professional Civil Engineer.
o An IPE consisting of Robert Pyke, Edwin Hultgren, and Thomas Plummer was engaged to review the Engineer’s Report. The panel’s report dated May 24, 2016, titled “Independent Review of Urban Levee Design Criteria Evaluation, March 2016” fulfilled this requirement. • A response by the Professional Civil Engineer to the comments from the IPE. o PBI, author of the documents reviewed by the IPE, responded in a letter addressed to Mr. Glenn Gebhardt with the City of Lathrop and Mr. Kevin Jorgensen with the City of Manteca, dated June 3, 2016. Mr. Dave Peterson, P.E. of PBI prepared the response. This letter fulfilled this requirement.
• An annual report prepared by the LFMA, submitted to the CVFPB documenting the efforts in working toward completion of the flood protection system.
o The 2016 APR, in combination with other documentation prepared by the acting LFMA, supported the evidentiary requirements of Adequate Progress. The 2016 APR addressed how the flood protection system that will provide ULOP will be funded and financed. The 2016 APR described the proposed funding mechanisms, the approach and schedule for their implementation, and the projected revenues identified to support implementation of the flood protection system.
The CVFPB, on October 25, 2016, acknowledged receipt of the evidentiary documentation including the 2016 APR and indicated that the “submittal sufficiently complies with the statutory requirements of California Government Code Section 65007(a)”. The CVFPB indicated that their compliance letter was valid through September 30, 2017 and that future year’s evaluations would be based upon review of annually submitted documents.
On August 10, 2017, the City of Lathrop, acting as the LFMA and on behalf of the Cities of Lathrop and Manteca, transmitted the first Annual APR Update, the 2017 Adequate Progress Report Update, dated June 13, 2017. In response to the submission of that report, CVFPB staff requested that the City of Lathrop prepare an Adequate Progress Submittal Form which was completed and submitted to CVFPB staff on Thursday November 2, 2017.
ATTACHMENT 2
1801014 Mossdale APR 2022 Update 2023 0109 .docx 4
San Joaquin Area Flood Control Agency
2022 Annual Adequate Progress Report Update
January 24, 2023
Subsequent Annual reports have been submitted by SJAFCA, acting as the LFMA and on behalf of the Mossdale Tract Area, to the CVFPB as follows:
• On June 28, 2018, SJAFCA transmitted the 2018 Annual Adequate Progress Report Update. • On June 28, 2019, SJAFCA transmitted the 2019 Annual Adequate Progress Report Update. • On June 30, 2020, SJAFCA transmitted the 2020 Annual Adequate Progress Report Update. • On June 29, 2021, SJAFCA transmitted the 2021 Annual Adequate Progress Report Update To address the uncertain nature of climate change and the resulting impacts to hydraulics and hydrology, in February 2019 SJAFCA adopted a Policy on Adapting Design Standards for the Mossdale Tract Area of SAJFCA in Light of Climate Change (Climate Adaptation Policy, SJAFCA Resolution No. 19-06, included as Appendix A).
This policy identifies seven specific elements that are to be incorporated into both the design and implementation of the Mossdale Tract 200-year improvements to address climate change uncertainties.
Further, SJAFCA engaged a task order with PBI to update the scope and cost of the 200-year improvements to address the adopted Climate Adaptation Policy. This effort resulted in the preparation of a December 12, 2019 technical memorandum by Kjeldsen Sinnock & Neudeck, Inc. (KSN) detailing the costs of complying with the policy (also included in Appendix A).
The 2020 Annual Report Update and subsequent reports have reflected the costs of compliance with the adopted Climate Adaptation Policy as part of the financing plans presented within them. Further, an evaluation and analysis of the proposed Climate Adaptation Policy improvements determining that the improvements meet the appropriate standard of protection has been completed consistent with the evidentiary requirements of DWR’s ULOP criteria. The 2021 Annual Report Update and subsequent reports include reference to the additional evidentiary materials. Those materials include:
• A report prepared by a Professional Civil Engineer registered in California to document the data and analyses for demonstrating the property, development project, or subdivision will have ULOP at the time when the flood protection system is completed.
o A team of Professional Engineers led by Peterson Brustad, Inc. (PBI) in coordination with their subconsultants, Kjeldsen, Sinnock & Neudeck Inc. (KSN) and ENGEO prepare a report dated June 18, 2021, compiled under a Cover Memorandum titled “2021 Climate Change Update to the Mossdale Engineer’s Report.” The materials included within the report were presented to the IPE in April 2021 for their review and comment.
• A report by an Independent Panel of Experts (IPE) on the review of the report prepared by the Professional Civil Engineer.
o An IPE consisting of Robert Pyke, Robert Lokteff, and Thomas Plummer was engaged to review the 2021 Climate Change Update to the Mossdale Engineer’s Report. In response, the IPE prepared a report dated June 1, 2021, titled “Independent Panel of Experts for RD 17 200-Year Level of Protection Project Climate Change Update.”
ATTACHMENT 2
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San Joaquin Area Flood Control Agency
2022 Annual Adequate Progress Report Update
January 24, 2023
• A response by the Professional Civil Engineer to the comments from the IPE. o PBI, author of the documents reviewed by the IPE, responded in a letter addressed to Mr. Chris Elias, dated June 18, 2021. Mr. Michael Rossiter, P.E. of PBI prepared the response. This letter fulfilled the response requirement.
• An annual report prepared by the LFMA, submitted to the CVFPB documenting the efforts in working toward completion of the flood protection system.
o This 2022 APR, in combination with the documentation prepared by the LFMA, supports the evidentiary requirements of Adequate Progress. This 2022 APR addresses how the flood protection system, as described within the 2016 and 2021 Climate Change Update Engineer’s reports, will provide ULOP will be funded and financed. This 2022 APR describes the proposed funding mechanisms, the approach and schedule for their implementation, and the projected revenues identified to support implementation of the flood protection system. Further, this 2022 Annual Adequate Progress Report Update is intended to continue to address the requirements of Government Code Section 65007 (a)(5). “The local flood management agency shall annually report to the CVFPB on the efforts in working toward completion of the flood protection system.”
Finally, it is intended that this report, in combination with any other required documentation pursuant to SB5 and DWR’s associated ULOP Guidance, may be referenced by the Land Use Agencies in the Mossdale Tract Area (specifically the Cities of Lathrop, Manteca, and Stockton, as well as San Joaquin County) in making new or validating findings related to approval of development projects that rely on the Adequate Progress Findings where such a finding is applicable.
ATTACHMENT 2
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San Joaquin Area Flood Control Agency
2022 Annual Adequate Progress Report Update
January 24, 2023
Adequate Progress toward ULOP
The existing RD 17 levees protecting the Mossdale Tract Area do not meet the updated DWR ULDC standards adopted in May 2012, and the existing levees are not currently certified to provide 200-year protection.
Accordingly, SJAFCA and RD 17 are pursuing efforts to achieve ULOP by the required deadline, 2028. 5 The LFMA’s plan for flood protection through the year 2028 consists of two components: (1) RD 17’s ongoing Phase 3 Levee Seepage Repair Project (LSRP) and (2) SJAFCA Levee Improvements to achieve ULDC 200-year requirements (the Project).
The Project, as described previously in the 2016 APR, consisted of a Fix-In-Place Levee Improvement Project and an extension of the existing dryland levee in Manteca. A review of the (i) Project scope, (ii) Project schedule, and (iii) the cost of the completed flood protection system, all as proposed in 2016, demonstrates that they were developed to meet the appropriate standard of protection based on information known at that time. As noted above, as part of the implementation of SJAFCA’s adopted Climate Adaptation Policy and efforts to advance a Feasibility Study with DWR under the Urban Flood Risk Reduction (UFRR) program, SJAFCA identified and analyzed the requisite improvements needed to meet the appropriate standard of protection when considering the uncertain impacts of climate change. SJAFCA’s efforts to address climate change resulted in the preparation of a December 12, 2019 technical memorandum by Kjeldsen Sinnock & Neudeck, Inc. (KSN) detailing the additional costs of complying with the adopted climate adaptation policy as well as the materials to support all of the requisite evidentiary requirements of ULOP including the 2021 Update to the 2016 Engineer’s Report and associated IPE review/Engineer’s response.
Critical Features of the Flood Protection System are Under Construction and Each Critical Feature is Progressing
RD 17, with funding from the issuances of multiple series of bonds secured by assessment revenues and a funding agreement with DWR, has constructed nearly all of the Phase 3 LSRP improvements. The remaining component of the Phase 3 LSRP improvements include:
1. A 400’ long SB/SCB jet-grout cutoff wall under the River Islands Parkway bridge (Element VI-a.1); and,
2. A 2300’ long SB cutoff wall (Element VI-bc).
Based on information obtained from RD 17 and estimates made by LWA given information provided, a cumulative total of approximately $67.67 million of LSRP improvements (an estimated additional $29.99 million since June 2021) have been completed including the construction of seepage berms during and after the storms of February 2017. In addition, the RD 17 Levee Area Public Financing Authority, a Joint Powers Authority (JPA) set up by agencies in the Mossdale Tract Area, issued $20.85 million of bonds in 2017 to both refinance a prior financing from 2009 and to generate additional net new proceeds for flood control 5 AB 838, signed into law on September 28, 2020, extended the ULOP deadline from 2025 to 2028.
ATTACHMENT 2
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San Joaquin Area Flood Control Agency
2022 Annual Adequate Progress Report Update
January 24, 2023
improvements of $6.531 million. These funds, along with grant funding from DWR, have been utilized by RD 17 to continue to advance the LSRP over the last 48 months.
The remaining construction work on the LSRP will continue to progress through 2023. This work will include the final remaining cutoff walls. It expected that the LSRP will be fully completed in 2023.
In June 2016, the City of Lathrop secured 50% funding for $10 million of work (total of $5.0 million of grant funding) from DWR under the UFRR Program and executed a funding agreement with DWR to fund a feasibility analysis of a focused array of alternatives which address State estimates of climate change through 2040. In January of 2019, the grant funding agreement transitioned to SJAFCA. The scope of the feasibility analysis cost approximately $1,170,000. The remaining funds from DWR are now being used to advance environmental review (California Environmental Quality Act [CEQA] Analysis) and preliminary design of the initial phase of the preferred alternative. In XX, 2022, SJAFCA executed a Feasibility Study Cost Share Agreement (FCSA) with the USACE to evaluate the Federal Interest in an array of alternatives to provide enhanced flood protection to the Lathrop and Manteca Area. While Federal interest in the Mossdale Program is being evaluated, SJAFCA continues to advance design and permitting of certain common features of the UFRR feasibility study preferred alternatives that overlap in part with features of the ULOP Project. Through December 2022, SJAFCA has expended approximately $3.0 million advancing the CEQA Analysis and preliminary design efforts.
Summary of Scope, Schedule & Cost
The 2016 Engineer’s Report and 2021 Update identify two projects. These projects are listed below and, when fully implemented, will meet the objective of 200-year ULOP for the Mossdale Tract Area. These projects include:
1. RD 17 LSRP is being implemented in three phases:
a. Phase 1 (Completed 2008-09)
b. Phase 2 (Completed 2009-11)
c. Phase 3 (Construction Commenced 2016 - Completion scheduled in 2023)
2. SJAFCA Project6is being pursued as Phase 4 and includes the following outlined steps:
a. ULDC engineering analysis and identification of deficiencies (completed March 22, 2016) b. Additional Climate Change related analyses and update to the ULDC engineering analysis to consider SJAFCA’s Adopted Climate Adaptation Policy (completed June 18, 2022) c. Design and environmental evaluation of levee improvements to cure ULDC deficiencies (Commenced July 2022, Administrative Draft EIR to be complete in January 2023) d. Implement levee improvements to cure ULDC deficiencies.
Schedule
On September 28, 2020, the Governor signed into law AB 838 which modified the year in which ULOP must in place for the Mossdale Tract. This law extended the deadline from 2025 to 2028. The following schedule of 6 Throughout this report the Phase 4 Project was formerly known as the “Fix-In-Place” Project with the inclusion the extension of the dryland levee in Manteca.
ATTACHMENT 2
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San Joaquin Area Flood Control Agency
2022 Annual Adequate Progress Report Update
January 24, 2023
milestones provides the LFMA’s updated current plan to implement the levee improvements by 2028. In addition, the Project Funding and Financing Approach outlines key milestones for implementation of the various funding mechanisms identified to support the revenue and financing requirements for the Project implementation.
Activity Completion
Phase 3: RD 17 LSRP 12/31/2023
Phase 4: SJAFCA Project
Environmental Documentation 6/30/2023
Right of Way Acquisition7 12/31/2024
Engineering Design8 12/31/2026
Construction 10/31/2028
Permitting & Compliance9 12/31/2028
Total Program Costs
Since the 2016 APR, an updated cost estimate consolidating all component of the project into a single estimate has been prepared. Table 1 summarizes the total costs for the LSRP and SJAFCA Projects. The total estimated design, permitting, and construction project costs of the LSRP in actual dollars in actual and expected dollars to complete construction is $73.0 million. A comprehensive update of SJAFCA’s Project was prepared in to 2021 to consolidate and present a single budget for to address ULDC deficiencies and address Climate Adaptation. The updated cost estimate in present day 2022 dollars, is approximately $230.01 million. 10 7 Completion is reflective of possession of the necessary rights to complete the improvements, not necessarily compensation. 8 It is expected that the project would be phased and the first package of engineering plans and specific would be completed in time to commence construction in 2022.
9 Reflects required permitting and ongoing mitigation and monitoring requirements. 10 Reference Appendix A - January 29, 2021 Technical Memorandum prepared by Kjeldsen Sinnock Neudeck, Inc. re: San Joaquin Area Flood Control Agency Mossdale Tract Area ULDC Climate Change Adjustment: Consolidate Cost Estimate.
ATTACHMENT 2
Table 1
Mossdale Tract: 2022 Adequate Progress Report
Program Cost Summary
LSRP Phase 1 $2,665,761
LSRP Phase 2 (including Parks) $12,951,358
LSRP Phase 3 $57,371,374
SJAFCA Project $230,009,000
Total Cost $72,988,492 $230,009,000
Source: Peterson Brustad, Kjeldsen Sinnock & Neudeck
Actual Projected
Costs to Complete
(2021$)
Project Phase
Updated Project
Costs Including
Climate Adaptation
(2021$)
Prepared by LWA 1801000 Mossdale Tract Financing Model 2023 0110.xlsx ATTACHMENT 2
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San Joaquin Area Flood Control Agency
2022 Annual Adequate Progress Report Update
January 24, 2023
Applicable Geographic Area Reliant on Adequate Progress Report As noted in the 2016 APR and in the Annual Updates, the Adequate Progress Report applies to development afforded ULOP within the Mossdale Tract Area once the Project is complete. Figure 1 shows the results of PBI’s hydraulics analysis included as part of the Engineer’s Report.11 The overall area removed from the floodplain as a result of completion of the LSRP and SJAFCA Project is shown as the combined red and blue areas in Figure 1. More specifically, the area with greater than three-foot flood depths that would be subject to SB5 development restrictions without the completion of the LSRP and SJAFCA Project is shown in red. 11 This figure has been updated to reflect updated hydraulics associated with climate change. Future versions of this annual report will reflect the increased area to the East as a result of climate change.
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FIGURE
1 MAY 6, 2016
RD 17 AREA LOCAL FLOOD MANAGEMENT AGENCY
200-YEAR FLOODPLAIN DEPTHS FOR
1180 Iron Point Rd., Suite 260
Folsom, CA 95630 AREAS PROTECTED BY RD-17 LEVEES Phone: (916) 608-2212 Fax: (916) 608-2232
0 1
Miles ± 1 inch = 1 mile
Flood Depth
0 - 3 ft
> 3 ft
Limits of Floodplain Modeling
City Spheres of Influence
Stream Centerline
!. Levee Breach Location
RD 17 Levee
Other Levee/Embankment
Old River
Paradise Cut
San Joaquin River
French Camp Slough
Walthall Slough
Lathrop
Sphere of Influence
Manteca
Sphere of Influence
Stockton
Sphere of Influence
RD 17 Dryland Levee
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San Joaquin Area Flood Control Agency
2022 Annual Adequate Progress Report Update
January 24, 2023
Project Funding and Financing Approach
In accordance with SB5, the 2016 APR provides documentation that revenues have been identified to support implementation of the flood protection facilities. The following discussion restates and, where applicable, updates the revenue sources identified for the projects.
RD 17 has been advancing the LSRP since 2008 with the formation of the RD 17 assessment and funding from the DWR’s Early Implementation Projects (EIP) and Urban Flood Risk Reduction (UFRR) Programs. These revenues sources remain in place to fund the LSRP.
To fund the Phase 4 SJAFCA Project, the LFMA has identified the following local funding sources for the design, environmental review, permitting, and construction of ULOP improvements. In summary, the near-term existing and potential funding sources include:
• Net revenues from the existing RD 17 Assessment
o It is expected that some net revenues (after debt service, RD 17 operation and maintenance [O&M] expenses and pay-as-you-go funding for the final construction of the LSRP) will be available to fund the SJAFCA Project.
• A Regional SJAFCA 200-Year Development Impact Fee
o A Regional SJAFCA 200-Year Development Impact Fee (Regional DIF) paid by property owners developing within the 200-year floodplain was adopted by SJAFCA in November 2018.
Property already entitled and planned for development within the basin that benefits from the Project that has (or will in the future) advanced funds can apply that prior funding as credit towards the Project’s fee obligation via a fee crediting arrangement. In March 2018, SJAFCA Adopted Resolution 19-15 formalizing a crediting program (Appendix B). • A new Special Benefit Assessment District
o A new special benefit Overlay Assessment District (OAD) would be levied on properties (parcels) directly receiving flood damage reduction benefit from the construction and long-term O&M of the Project. SJAFCA has qualified and entered into contracts with Willdan Financial Services (Willdan) to prepare the requisite Assessment Engineer’s Report and administer the legislative processes required by Proposition 218 and the underlying statutory authority for the imposition of the assessment. To date, Willdan has prepared a draft preliminary rate analysis for review by the SJAFCA. The preliminary analysis has been utilized to estimate future Assessment District revenues. (Appendix D) • An Enhanced Infrastructure Financing District
o An Enhanced Infrastructure Financing District (EIFD) captures a portion of the growth in general property taxes and dedicate the revenue toward the construction of the Project. This revenue, in conjunction with the OAD revenues could be pledged to the repayment of bonds, ATTACHMENT 2
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the proceeds of which could fund construction of the Project. SJAFCA commenced the formation effort of the EIFD in May 2019 and completed the formation process in July 2022.
With EIFD’s formation prior to August 2022 it is available to generate in FY 2022/2023. • A new Advance Funding Agreement executed between the Cities of Stockton, Manteca and Lathrop and SJAFCA
o To ensure that SJAFCA has sufficient revenues available to construct the Project, the Cities of Stockton, Manteca and Lathrop plan to enter into an Advance Funding Agreement with SJAFCA whereby sufficient funding would be made available to supplement funding from the above three noted funding sources to the extent the Fee Program, EIFD or OAD were no sufficient to provide all of the needed funds. To demonstrate the intent to move forward with this plan and for the purpose of supporting adequate progress, the Cities and SJAFCA executed a Memorandum of Understanding (Appendix E). The MOU allows SJAFCA, as the LFMA, to identify an additional source of revenue for the Project consistent with the critieria for demonstrating Adequate Progress.
In addition to the above sources, SJAFCA expects that State Grant revenues of approximately $3.8 million would be available from an existing UFRR Agreement with SJAFCA to advance the preliminary design and environmental review of the Project. These revenues have been included within the financing plan in addition to those revenues identified above.
Governance Approach to Funding & Implementation
Prior to 2016, to facilitate the funding and implementation of the Project, the Cities of Lathrop and Manteca commissioned a governance evaluation. The 2016 APR outlined the governance structure that existed at the time in the Mossdale Tract Area for implementing the LSRP and outlined the entities that would be needed to support the implementation of the Phase 4 Project. The governance evaluation was completed in late 2017 and ultimately resulted in the reorganization of SJAFCA. SJAFCA is now the LFMA and Funding Entity, for the Mossdale Tract Area. SJAFCA now fulfills several distinct governance structures that were previously identified and evaluated to support the implementation, funding, and financing of the Project.
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2022 Annual Adequate Progress Report Update
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Project Funding and Financing Plan
In accordance with Government Code §65007(a), this portion of the 2022 Annual APR Update provides documentation that revenues have been identified to support implementation of the flood protection facilities and further, that sufficient revenues to fund each year of the project schedule have been identified.
The 2016 APR presented a Funding and Financing Plan that has been refined and updated based on the actual progression of the Project’s implementation and additional information obtained subsequent to that report.
Further this section addresses the requirement to demonstrate that in any given year, and consistent with that schedule of identified revenues, at least 90 percent of the revenues scheduled to be received by that year have been appropriated and are currently being expended.
Remaining Project Costs
LSRP Project
This document has been updated since the preparation of the 2016 APR to reflect progress since May 2016 based on the remaining costs as of June 2022 for the RD 17 LRSP as summarized in Table 2 below. Table 2 shows the split of costs between the State and RD 17 and the percentage of remaining project costs based on the amount expended in the last 12 months. It is estimated that there are approximately $5.31 million in remaining project costs related to the remaining two reaches of the LSRP.
Phase 4 Project Costs
Table 3 presents the Opinion of Probable Costs prepared by PBI and KSN for the Phase 4 Project as of January 2021 which are inclusive of the Climate Adaptation update. The cost estimates have been prepared as part of the coordinated effort to prepare the Climate Adaptation Update to the Engineer’s Report.
Sources & Uses
An updated financing plan prepared for the implementation of the remaining levee improvements is shown in Table 4. Table 4 presents and sources and uses statement based on an updated cash flow reflective of the progress of the work over the past year and projected completion of the Project in 2028. Additionally, Table 4 shows the identified revenues that provide the basis for the conceptual financing plan. The financing plan is governed by the following assumptions:
• The RD 17 Mossdale Tract Assessment and the associated bond issuances in combination with committed State funding from DWR’s EIP / UFRR program will continue to fund seepage remediation work until completion in 2023. This financing plan has been updated to reflect the change in the State cost sharing memorialized through a funding agreement amendment between DWR and RD 17. The State cost sharing split for the LSRP Project is now 60%/40% State versus Local Funding. • The Cities would continue to cash flow the design and implementation of the Phase 4 Project, including the contemplated financing plan and supporting funding mechanisms, on an as needed basis consistent with the newly executed MOU. The amount of cash flow funding provided would be net of any Regional DIF, EIFD, OAD and Bond Proceed revenues received. The total funding received to ATTACHMENT 2
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date from all funding sources, including previously advanced funds, is approximately $15 million. All contributions from development interests are creditable toward the Regional DIF based on the credit program adopted by the SJAFCA Board (reference Appendix B). • Net revenues from RD 17’s implementation of the LSRP, including retention releases and net RD 17 Assessment revenues after debt service, would be available to help fund Phase 4 Project expenses. • SJAFCA establishes the following funding mechanisms:
o A Regional DIF program collecting revenues in 2018 and updated in 2022. 12 o A new OAD in place to collect revenues in FY 2024/2025. o A new EIFD covering the properties directly benefiting from the project. The EIFD would have a base of FY 2021/2022 and start receiving revenues in FY 2022/2023. o A bond authorization and issuance securitizing both new OAD and EIFD revenues would take place in FY 2024/25. The proceeds from the bond would be used to fund construction costs of the Phase 4 Project
Detailed Cash Flow Analysis and Schedule of Expenses and Revenues To support the Adequate Progress Findings, as described in the 2016 APR, the LFMA must document that 90% of the required revenue scheduled to be received have been appropriated and are being expended. Table 5 presents an updated detailed cash flow analysis showing how the planned expenditures are funded over time.
This schedule is intended to be used by the LFMA to report annually to the CVFPB on the progress of the flood protection system. Table 5 is supported by a series of tables (reflected in various appendices) that provide details regarding the expenditure and revenues schedule for the LSRP and SJAFCA’s Phase 4 Project.
Government Code §65007(a) (2) (A) Compliance
It is important to note that because ULOP for the Mossdale Tract Area is being implemented in multiple stages, by multiple agencies, the financing plan identified for ULOP takes into consideration multiple funding sources.
This approach was outlined in the 2016 APR and continues here. The following discussion breaks the funding sources apart by project and discusses compliance with Government Code §65007(a).
Within the 2020 Annual APR Update, the analysis associated with Government Code §65007(a)(2)(A) was updated. As noted above, Table 5 presents the updated schedule of revenue and expense projections to demonstrate progress of the Project as it relates to the requirements of Government Code §65007(a)(2)(A).
Because of permitting and funding delays related to the LSRP project, the estimates, including the overall costs and timing of expenses, as well as the schedule of revenues, was updated relative to the 2019 Annual APR Update.
Consistent with Government Code §65007(a)(2)(A), all of the revenues for the LSRP have been identified.
These revenues included 1) State Funding from the EIP/UFRR Program and 2) RD 17 Mossdale Tract Assessment Revenues and Bond Proceeds. Further, consistent with the revised schedule, 90% of the revenues that are schedule to be received by this year have either been appropriated by a granting agency (in this case 12 This action has been completed.
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the State) or have been set aside by RD 17 (reference Table 6). State funding for the RD 17 Project was included within prior State Budget Appropriations and the entirety of RD 17’s grant agreement has been appropriated. As it relates to the local share of the funding, while RD 17 is not required to adopt an appropriated budget by law,13 they have set aside the funds for the Project and entered into contracts and/or are required by law based on the source of the revenues to expend those funds for the specific purpose of implementing the LSRP (this is consistent with the intent of a budgetary appropriation). More specifically, those contracts include the EIP Funding Agreement that RD 17 has entered into with DWR as well as the Indenture of Trust Agreements between the District and its Bond Trustee. Finally, as a matter of law, RD 17’s Assessment Revenues must be utilized consistent with its Assessment Engineer’s Report and annual resolution approving the levy of the assessment.
Finally, the last requirement of Government Code §65007(a)(2)(A) is that the revenues scheduled to be received by that year are currently being expended. As noted previously, RD 17 has expended an additional approximately $29.9 million on the LSRP since in 2021. RD 17 is currently working to construct the remaining improvement which are expected to completed in 2023 at a cost of approximately $5.31 million.
For the Phase 4 Project, because all of the identified funding is derived from local sources, there are no requirements of appropriations from the Federal or State governments. Table 6 shows the cumulative scheduled revenues and the associated compliance check with Government Code §65007(a)(2)(A).
Table 7 provides the assumed expenditure schedule for the Phase 4 Project. It is expected that these tables will continue to be refined over time as the planning and development of the Projects progresses. 13 Reference Reclamation District No. 17 Financial Statements and Independent Auditor’s Report, June 30, 2017 Note A – Summary of Significant Accounting Policies (Page 13) – “Budgetary accounting: The District does not adopt an appropriated budget and is not required to adopt such a budget by law. However, the District does adopt a non-appropriated budget annually, which is approved by the Board of Trustees.”
ATTACHMENT 2
Table 2
Mossdale Tract: 2022 Adequate Progress Report
RD 17 LSRP Remaining Capital Cost Estimate & Cost Share Remaining Costs [1] Local 40% [2] State 60% [2]
LSRP ‐ Project Remaining Costs
Phase 1 ROW Remaining Costs 0 0 0
Phase 2 ROW Remaining Costs 0 0 0
Phase 3 Remaining Costs 5,310,000 2,124,000 3,186,000
Total Remaining Cost $5,310,000 $2,124,000 $3,186,000
Remaining Costs as of APR (June 2021) $35,300,000
Reduction in Remaining Costs [3] $29,990,000
% of June 2021 Remaining Project Completed 85%
Source: Kjeldsen Sinnock & Neudeck (Updated by LWA)
[1] Estimated remaining Costs as of December 2022.
Item
[2] Amounts are approximate and net of retention withheld by the State on prior incurred Cost by RD 17.
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Table 3
Mossdale Tract: 2022 Adequate Progress Report
ULDC Project Engineer’s Opinion of Probable Cost
Base Project
Total Costs (2021$)
Soft Costs
Admin / Planning 9,158,000
Environmental / Permitting 5,724,000
Surveying / Engineering 13,736,000
Construction Management 13,736,000
Mitigation 3,435,000
Subtotal: Soft Costs 45,789,000
Construction 114,455,000
Right‐of‐Way Acquisition (existing deficiencies) 14,284,000 Right‐of‐Way Acquisition (new construction improvements) 3,206,000 Subtotal: Right of Way 17,490,000
Dryland Levee Extension Alternative: 52,275,000
Total Cost $230,009,000
Item
Source: Kjeldsen Sinnock & Neudeck Technical Memorandum dated January 29, 2021 Consolidated Cost Estimate of SJAFCA Mossdale Tract Area ULDC Climate Change Adjustment.
Prepared by LWA 1801000 Mossdale Tract Financing Model 2023 0110.xlsx ATTACHMENT 2
Total [1] Notes
Project Uses
LSRP Expenditures
LSRP ‐ Phase I$ 2,665,761
LSRP ‐ Phase II (including Parks) $ 12,951,358
LSRP ‐ Phase III [2] $ 57,371,374
Subtotal: LSRP Expenditures $ 72,988,492
ULOP Program Planning & Implementation
Pre‐Project Expenditures (PBI/LWA/ETC) $ 3,229,308
Funding Program Implementation Costs $ 1,554,259
Subtotal: ULOP Program Planning & Implementation $ 4,783,568 SJAFCA Project Expenditures
Soft Costs $ 51,747,220
Construction Costs $ 132,885,132
Right‐of‐Way $ 20,693,768
Dryland Levee Extension $ 60,654,014
Subtotal: SJAFCA Project Expenditures $ 265,980,134
Total Project Uses $ 343,752,194
Project Sources
State Funding for LSRP (EIP Program) $ 43,793,095 [2]
State UFRR Funding (Preliminary Design Only) $ 3,833,330 [3] Subtotal State Funding $ 47,626,425
Local Funding Sources
LSRP Funding
LSRP ‐ RD 17 Mossdale Tract Assessments (Net Revenues) $ 34,912,134 [4] LSRP ‐ RD 17 Mossdale Tract (Bond Revenues) $ 30,413,996 [5] LSRP ‐ RD 17 Mossdale Tract (Debt Service) ($ 27,645,547) [6] SJAFCA Project Funding
Developer Advances / City Funding $ 3,542,659 [7]
SJAFCA Overlay Assessment ‐ ULDC $ 14,769,589 [8]
Development Fee Program $ 53,247,549 [9]
Member Agency Advance Funding $ 91,100,000 [10]
EIFD Revenues $ 27,246,178 [11]
Future EIFD / Assessment Overlay Financing (Bond Proceeds) $ 84,935,000 [12] Future EIFD / Assessment Overlay Financing (Debt Service Carry) ($ 14,438,306) [13] Subtotal Local Funding $ 298,083,252
Total Project Sources $ 345,709,677
Total Project Sources less Uses $ 1,957,483
Source: LWA
[1] Total Amounts between 2010 & 2026 including escalation. [2] Assumed State Share of Funding for RD 17 LSRP
[3] Balance of UFRR Study Funding Agreement for Pre Design and Environmental Review. [5] Bond Proceeds assumed to be availble to fund Project Costs as calculated per the Cash Flow Analysis (Table 5) [6] Debt service for RD 17 PFA Financing during period of analysis. [9] Development Impact fee revenues collected during period of implementation. [10] Agency Advanced Funding provided by Member Agencies pursuant to a future Funding Agreement consistent with approved MOU. [11] EIFD revenues collected during period of implementation. [12] Assumed financing secured by Overlay Assessment and EIFD Revenues. [13] Debt service for for the Hybrid EIFD and Assessment Financing during period of analysis.
Table 4
Mossdale Tract: 2022 Adequate Progress Report
ULOP Adequate Progress Sources & Uses Statement (through 2026) Item
[4] Assumed share of RD 17 Assessment Revenues that are used to fund Project Costs and Debt Service for the LSRP during the time frame of the Analysis [8] New overlay assessment revenues during period of implementation. [7] Funding advanced by Cities and Developers from 2010 to 2016 for ULDC Analysis & Implementation of the Funding Program.
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Table 5
Mossdale Tract: 2022 Adequate Progress Report
ULOP Levee Program Cash Flow and Financing Analysis
Year Reference Total Credit [1] 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 (ULOP APR)
LSRP Beginning Balance ‐ ‐ 2,619,399 2,131,000 4,072,726 3,760,976 2,749,500 8,184,283 ‐ ‐ 654,843 6,702,895 7,590,380 ‐ 5,563,806 5,993,766 5,563,806 5,993,766 5,993,766 6,443,611 LSRP Expenditures
LSRP ‐ Phase I Table C4 2,665,761 2,630,649 4,736 5,416 3,256 1,147 999 15,610 3,948 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ LSRP ‐ Phase II (including Parks) Table C4 12,951,358 3,756,668 4,105,206 494,457 1,435,354 202,792 23,748 33,658 123,106 16,423 ‐ 68,108 26,380 28,076 ‐ 2,637,382 ‐ ‐ ‐ ‐ ‐ ‐ LSRP ‐ Phase III [2] Table C4 & Table C1 57,371,374 625,090 1,585,978 1,088,885 619,783 608,271 882,128 1,726,286 1,250,250 7,658,729 1,019,557 1,772,320 5,392,948 1,601,169 26,229,978 ‐ 5,310,000 ‐ ‐ ‐ ‐ ‐ Total LSRP Expenditures 72,988,492 7,012,406 5,695,921 1,588,758 2,058,393 812,210 906,874 1,775,555 1,377,305 7,675,152 1,087,666 1,772,320 5,419,328 1,629,245 28,867,360 5,310,000 ‐ ‐ ‐ ‐ ‐ ‐ State Sources
State EIP Funding (State Share) Table C3 39,585,652 ‐ 1,991,867 2,355,408 420,838 ‐ 1,041,086 ‐ ‐ ‐ ‐ 354,808 9,228,635 733,160 12,990,312 10,469,538 ‐ ‐ ‐ ‐ ‐ ‐ State EIP Funding (Local Credit) Table C3 4,207,444 ‐ 1,077,608 473,025 31,194 ‐ 576,149 ‐ ‐ ‐ ‐ 1,637,387 412,081 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Local Sources
RD 17 Assessment Net Revenues ‐ LSRP Table C5 34,912,134 ‐ 1,925,564 2,478,092 2,379,632 2,399,375 1,852,919 1,956,198 574,322 18,734 758,286 1,859,830 1,826,664 1,783,571 1,806,496 1,829,497 1,852,565 1,875,688 1,898,856 1,922,057 1,945,279 1,968,508 Total LSRP Revenues 78,705,229 ‐ 4,995,039 5,306,525 2,831,664 4,016,610 1,852,919 1,956,198 574,322 18,734 758,286 3,852,025 11,467,379 2,516,731 14,796,808 12,299,036 1,852,565 1,875,688 1,898,856 1,922,057 1,945,279 1,968,508 Preliminary Ending Balance LSRP Expenditures (7,012,406) (700,882) 3,717,767 3,392,669 5,335,401 5,018,770 3,941,620 1,946,517 527,865 (329,380) 2,079,704 6,702,895 7,590,380 (6,480,172) 6,989,036 7,416,371 7,869,454 7,462,662 7,915,823 7,939,045 8,412,119 RD 17 Bond Financing ‐ 2009
Assumed Draws on Proceeds / Cash on Hand Calculated [3] 22,937,756 7,012,406 2,360,281 ‐ 161,085 ‐ ‐ ‐ ‐ 896,689 1,750,878 ‐ 1,426,267 1,424,367 7,905,783 ‐ ‐ ‐ Debt Service Table C5 (9,131,584) ‐ (1,659,399) (1,259,453) (1,261,669) (1,262,675) (1,257,794) (1,192,120) (1,238,474) ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ RD 17 Bond Refunding ‐ 2016
Net New Proceeds Assumed [4] 7,476,240 ‐ ‐ ‐ ‐ ‐ ‐ ‐ 7,476,240 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Combined Debt Service post refunding From OS (18,513,963) ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ (1,424,554) (1,421,499) (1,424,861) (1,426,267) (1,424,367) (1,425,611) (1,425,230) (1,422,605) (1,425,844) (1,424,344) (1,421,344) (1,421,844) (1,425,594) Ending Balance LSRP Expenditures ‐ ‐ 2,619,399 2,131,000 4,072,726 3,760,976 2,749,500 8,184,283 ‐ ‐ 654,843 6,702,895 7,590,380 ‐ 5,563,806 5,993,766 6,443,611 6,038,318 6,494,479 6,517,201 6,986,525 SJAFCA Project Beginning Balance ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 119,179 1,093,895 2,871,068 4,901,776 11,679,085 7,983,030 16,234,080 (5,904,052) 16,234,080 (5,904,052) (5,904,052) (45,586,082) SJAFCA Project Expenditures
Pre‐Project Expenditures (PBI/LWA/ETC) Table B7 3,229,308 ‐ ‐ ‐ ‐ ‐ 719,212 719,212 789,704 1,001,181 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Funding Program Implementation Costs Assumed 1,554,259 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 61,170 215,845 214,931 435,980 626,333 ‐ ‐ ‐ ‐ ‐ ‐ ‐ Soft Costs Table 7 48,547,220 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 179,424 5,014,853 3,430,503 6,924,832 9,465,633 10,758,932 7,615,899 4,490,087 667,056 Planning & Preliminary Design Work 3,200,000 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 81,085 311,892 467,837 467,837 467,837 467,837 467,837 311,892 155,946 ‐ Construction Costs Table 7 132,885,132 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 25,013,614 25,764,022 26,536,943 27,333,051 25,337,738 2,899,763 Right‐of‐Way Table 7 20,693,768 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 680,249 700,657 3,937,030 4,055,141 3,793,982 3,907,801 3,618,909 Dryland Levee Extension Table 7 60,654,014 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 11,424,461 11,767,195 12,120,210 12,483,817 12,858,331 ‐ Total SJAFCA Project Expenditures 270,763,701 ‐ ‐ ‐ ‐ ‐ 719,212 719,212 789,704 1,001,181 61,170 215,845 296,015 927,295 6,109,023 4,578,590 44,531,401 51,401,717 53,939,064 51,538,640 46,749,904 7,185,728 SJAFCA Project Revenues
State Sources
State UFRR Funding (PED Only) UFRR Grant 3,833,330 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 958,333 2,874,998 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ State Funding (Future Bond) N/A ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Local Sources
SJAFCA Overlay Assessment ‐ ULDC Overlay Model 14,769,589 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 1,312,500 2,638,125 2,664,506 2,691,151 2,718,063 2,745,243 Lathrop/Manteca/Developer Advance Funding [5] 3,542,659 ‐ ‐ ‐ ‐ ‐ 719,212 719,212 789,704 1,001,181 208,901 104,450 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Development Fee Program Table B‐2 [6] 53,247,549 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 119,179 826,986 1,888,567 1,368,391 4,829,607 2,412,968 11,924,339 5,481,886 6,196,217 5,365,085 4,578,694 4,242,921 4,012,708 Net Amount from original Fee Analysis ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Member Agency Advance Funding Appendix E 91,100,000 ‐ 13,600,000 ‐ 43,000,000 34,500,000 ‐ Regional EIFD TI Revenues Appendix F Table 2 27,246,178 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 905,301 1,998,882 2,885,345 3,910,153 4,881,630 5,864,529 6,800,338 Prepared by LWA Page 1 of 2 1801000 Mossdale Tract Financing Model 2023 0110.xlsx ATTACHMENT 2
Table 5
Mossdale Tract: 2022 Adequate Progress Report
ULOP Levee Program Cash Flow and Financing Analysis
Year Reference Total Credit [1] 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 (ULOP APR)
Total SJAFCA Project Revenues ‐ 193,739,305 ‐ ‐ ‐ ‐ 719,212 719,212 789,704 1,120,360 1,035,886 1,993,018 2,326,724 7,704,604 2,412,968 12,829,640 22,393,268 11,719,687 54,939,744 12,151,475 47,325,513 13,558,289 Preliminary Ending Balance SJAFCA Project ‐ ‐ ‐ ‐ ‐ ‐ ‐ 119,179 1,093,895 2,871,068 4,901,776 11,679,085 7,983,030 16,234,080 (5,904,052) (45,586,082) 17,234,761 (45,291,217) (5,328,443) (39,213,521) LEVEE PROGRAM ‐ STARTING BALANCE ‐ ‐ 2,619,399 2,131,000 4,072,726 3,760,976 2,749,500 8,184,283 119,179 1,093,895 3,525,911 11,604,671 19,269,466 7,983,030 21,797,886 89,714 792,528 191,487 4,205,848 184,675 Net Cash Flow LSRP [7] ‐ 2,619,399 (488,399) 1,941,725 (311,749) (1,011,477) 5,434,783 (8,184,283) ‐ 654,843 6,048,051 887,486 (7,590,380) 5,563,806 429,960 449,845 474,512 500,713 523,435 542,914 Net Cash Flow SJAFCA Project [7] ‐ ‐ ‐ ‐ ‐ ‐ ‐ 119,179 974,716 1,777,173 2,030,708 6,777,309 (3,696,055) 8,251,050 (22,138,132) (39,682,030) 1,000,681 (39,387,165) 575,609 6,372,561 Program Financing
Bridge Financing Costs (Developer Advances / Other)
Proceeds N/A ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ AD & EIFD Borrowing
Proceeds 84,935,000 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 39,935,000 ‐ 45,000,000 ‐ ‐ Debt Service Costs (14,438,306) ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ (2,076,235) (2,099,186) (5,120,218) (5,142,668) LEVEE PROGRAM ‐ ENDING BALANCE ‐ 2,619,399 2,131,000 4,072,726 3,760,976 2,749,500 8,184,283 119,179 1,093,895 3,525,911 11,604,671 19,269,466 7,983,030 21,797,886 89,714 792,528 191,487 4,205,848 184,675 1,957,483 [1] Credit amounts shown for LSRP on Table C2
[2] All Remaining Costs are Phase 3 Costs. 89,714
[3] Amount needed to support project cashflows prior to 2017. Amount in 2017 is amount projected by RD 17. The amount is assumed to come from Bond Proceeds or Reserves available to support the LSRP. 184% [4] Amount based on RD 17 refunding bond issuance.
[5] Amount provided by Lathrop Council Actions. Amounts already committed by the Cities of Lathrop & Manteca from General, Enterpise and Developer committed funding. Reference Table B7. [6] Actul and future assumed Development Impact Fee revenues based on projected absorption assumptions. To the extent that development absorption does not generate the needed development fee revenues, it is assumed the development interests advance fund development impact fees at a sufficient pace to cash flow the near term revenue shortfalls in order to cover projected expenditures in a similar fashion as has been done in the past, reference Note [4] . [7] Prior to 2020, the net cash flows of the LSRP RD 17 Project and the Fix‐In‐Place urban project are assumed to be required to independently cash flow the respective projects, however, after January 2021, it is assumed that the combined cashflows of the respective projects have the benefit of comibined funding sources, therefore, the Levee Program Ending Balance is required to be positive in order to ensure that the Levee Program is able to cash flow program expenditures.
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Table 6
Mossdale Tract: 2022 Adequate Progress Report
Government Code 65007 (a) Analysis
Total Revenues Scheduled to be
Appropriated by December 2022
for each Identified Revenue
Appropriation
Applicable
(Y, N or N/A)
Note
If Y ‐ Details
65007 (a) Check
% Appropriated if
Required
Per 2022 APR
Project Revenues ‐ LSRP
State Funding for LSRP (EIP Program) $ 33,323,557 N/A
Part of Prop1E Allocation 5096.821
Project 3860‐P1E‐203. N/A [1]
Local Funding Sources
LSRP ‐ RD 17 Mossdale Tract Assessments (Net Revenues) $ 21,619,683 N/A Annual RD 17 Budget N/A [2] LSRP ‐ RD 17 Mossdale Tract (Bond Revenues/Cash Balance) $ 22,937,756 N/A Annual RD 17 Budget N/A [3] LSRP ‐ RD 17 Mossdale Tract (Debt Service) ($ 8,547,160) N/A Annual RD 17 Budget N/A Project Revenues ‐ SJAFCA Project
State UFRR Funding (PED Only) $ 3,833,330 N/A
Part of Prop 1E Allocation 5096.821,
Agreement No. 4600011771 N/A [4]
SJAFCA Overlay Assessment ‐ ULDC $ 0 N/A Future Source N/A Developer Advances / City Funding $ 3,542,659 N/A Agreement / City Council Actions N/A [5] Development Fee Program $ 11,445,698 N/A City Council Actions (Fee Programs) N/A [6]EIFD Revenues $ 0 N/A EIFD PFA / SJAFCA Actions N/A Member Agency Advance Funding $ 0 N/A Future Source N/A Future EIFD / Assessment Overlay Financing (Bond Proceeds) $ 0N/A Future Source N/A Future EIFD / Assessment Overlay Financing (Debt Service Carry) $ 0N/A Future Source N/A Source: LWA, Reclamation District No. 17, EMMA, the City of Lathrop. [1] Based on information provided from RD 17. See Table C5 for RD 17 Annual Budgets / Financial Statement Information [2] Reference Table C5 for supporting information on RD 17's budgets. [3] Based on RD17 Financing Authority's December 2016 Bond Issuance Official Statement and information from RD 17, represents use of Bond Proceeds and or cash available to fund Capital Outlays. [4] Based on the approved Agreement Amendment and updated budget per Amendment No. 1. [5] Based on data provided by the City of Lathrop, SJAFCA and known contract that have been authorized by Council action. [6] As reported by SJAFCA based on actual collections and budgeted revenues.
Item
Prepared by LWA 1801000 Mossdale Tract Financing Model 2023 0110.xlsx ATTACHMENT 2
Table 7
Mossdale Tract: 2021 Adequate Progress Report
Expenditure Schedule for the Phase 4 ProjectYear 2021 2022 2023 2024 2025 2026 2027 2028 2029 TotalSoft Costs Admin / Planning $0 $2,829,822 $1,165,887 $1,200,863 $1,236,889 $1,273,996 $1,093,513 $1,126,318 $232,022 10,159,310 Environmental / Permitting $572,400 $884,358 $910,889 $938,215 $966,362 $995,353 $683,476 $351,990 $0 6,303,042 Surveying / Engineering $0 $1,768,510 $1,821,565 $1,876,212 $3,864,997 $3,980,947 $2,050,188 $0 $0 15,362,420 Construction Management $0 $0 $0 $2,701,746 $3,091,998 $3,980,947 $3,280,300 $2,534,032 $348,007 15,937,030 Mitigation $0 $0 $0 $675,633 $773,225 $995,527 $820,314 $633,693 $87,027 3,985,418 Subtotal Soft Costs 572,400 5,482,690 3,898,341 7,392,670 9,933,471 11,226,770 7,927,791 4,646,033 667,056 51,747,220 Construction $0 $0 $0 $25,013,614 $25,764,022 $26,536,943 $27,333,051 $25,337,738 $2,899,763 132,885,132 Real Estate (Existing) $0 $0 $0 $0 $3,215,354 $3,311,814 $3,411,169 $3,513,504 $3,618,909 17,070,749 Real Estate (New) $0 $0 $680,249 $700,657 $721,676 $743,327 $382,813 $394,298 $0 3,623,019Dryland Levee Extension $0 $0 $0 $11,424,461 $11,767,195 $12,120,210 $12,483,817 $12,858,331 $0 60,654,014 Total Expenses 572,400 5,482,690 4,578,590 44,531,401 51,401,717 53,939,064 51,538,640 46,749,904 7,185,728 265,980,134 Source: KSN / PBI / LWA
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San Joaquin Area Flood Control Agency
2022 Annual Adequate Progress Report Update
January 24, 2023
Evaluation of Identified Revenues
This section identifies, describes, and presents the updated evaluation of the funding sources for the remaining levee improvement work previously identified in the 2016 APR. The combined use of these sources is dependent on several factors including implementation timing. A discussion of the implementation timing of the planned funding mechanisms follows this section.
RD 17 LSRP Project – RD 17 Assessment Revenues/State EIP Funding Appendix C provides an updated expenditure schedule for the LSRP as well as the supporting analysis of the identified revenues for implementation with funds from the RD 17 Mossdale Tract Assessment and DWR’s EIP program. This analysis supports the net revenues identified in Table 5 that are available to support the implementation of the Phase 4 Project after completion of the LSRP.
Development Fees & Advance Funding
Currently, SJAFCA, through an amended collection agreement with the Cities of Lathrop, Manteca, Stockton, and San Joaquin County is collecting fees as a condition of development within the Project’s benefit area. On July 12, 2022, SJAFCA adopted Resolution R-22-135 approving an Update to the Mossdale Tract Area Regional Urban Level of Flood Protection Nexus Study (Nexus Study Update) and a related collection agreement amendment (reference Appendix B). Subsequently, the Cities of Lathrop, Manteca, Stockton, and San Joaquin County adopted the Nexus Study Update and authorized the collection of the new fee between September and November 2022. As such, the portions of the Mossdale Tract Area that include planned development projects that lie within the 200-year Floodplain (the Phase 4 Project benefit area) will need to mitigate the impact of development in the floodplain and pay the Regional DIF. This funding will ensure that improvements can be made to flood control infrastructure to mitigate increases in expected annual damages.
To ensure that sufficient revenues are made available from this mechanism to meet the near-term cash flow demands of the project, the Land Use Agencies entered into agreements with landowners to advance some of the fee obligation and utilize this advanced funding as credit toward payment of the fee. An analysis showing an allocation of the costs to planned development is documented in the “Mossdale Tract Area:
Regional Urban Level of Flood Protection Levee Impact Fee Final Nexus Study Update” dated November 16, 2022. The current financing plan reflected within this APR projects reflects the updated fee rate effective as of December 2022. Appendix B shows the actual revenues received through November 2022 and projections of the revenues to come from the Updated Regional Fee Program overtime. In addition, the analysis considers the escalation of the fee rates over time based on the approved indexed escalation rate incorporated into the approved updated Fee.
To continue to advance the Phase 4 Project the Land Use Agencies have utilized Agency and developer advance funding and fee revenue collections. This funding has been utilized to support ongoing efforts including the formation of the EIFD and the planning and implementation of an Overlay Assessment expected in 2024. Early funding is expected to be reimbursed to the Agencies (in the future) or, in the case of developer advanced funding, creditable toward the DIF Program as described above.
ATTACHMENT 2
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San Joaquin Area Flood Control Agency
2022 Annual Adequate Progress Report Update
January 24, 2023
New Special Assessment
Given the fact that a significant portion of the beneficiaries of the Phase 4 Project are already developed properties within the Mossdale Tract Area, the 2016 APR described a plan to move forward with the formation of a new special benefit assessment district that would overlay the existing RD 17 Mossdale Tract Assessment (the previously described OAD). RD 17’s existing Mossdale Tract Assessment currently generates more than $3.2 million per year with an average residential assessment of approximately $96 per year. To test the feasibility of a new OAD, a detailed analysis of the apportionment of special benefits for the Phase 4 Project was completed as part of the financial analyses associated with the Governance Analysis completed in late 2017. Since that time, SJAFCA has engaged an Assessment Engineer to develop an Engineer’s Report and support the formation of the OAD. As noted earlier in the report, Willdan has been engaged and completed a preliminary analysis. The new OAD is assumed to have an expected average residential per parcel assessment of approximately $82 in addition to the existing assessment. With this assumed average residential per parcel assessment and similar apportionment as the existing RD 17 Mossdale Tract Assessment, the overlay assessment is expected to generate an additional $2.625 million per year. Appendix D provides an analysis of the revenues expected to be generated by the OAD taking into consideration the increased revenue to come from new development over time. The tables presented in Appendix D support the overlay assessment revenues presented in Table 5.
SJAFCA’s current plan is to advance the formation of the new OAD in early 2024 such that revenues from the new OAD would start to be received during FY 2024/25. Once formed, and in combination with the tax increment revenues from a new EIFD (described below), the two funding mechanisms would provide the necessary annual revenues to both directly fund a portion of the design and planning of the project, and help service future debt that could be issued to provide the needed cash flow for the project.
Enhanced Infrastructure Financing District
In July 2022 SJAFCA’s Member Land Use Agencies formed the Mossdale Tract Enhanced Infrastructure Financing District. The EIFD allows for the use of Tax Increment Financing for the regional flood control improvements. The entities initiated the process by forming a new Public Financing Authority that includes members of the legislative bodies of the public agencies as well as two public members. The Mossdale Tract Enhanced Infrastructure Financing District Public Financing Authority (EUIFD PFA) prepared an Infrastructure Financing Plan (IFP) that describes the funding for the construction of regional flood control improvements that provide benefit to the Mossdale Tract Area. The IFP identifies the participating taxing entities within the EIFD and the share of Property Tax Increment each participating entity in the EIFD would allocate allocate to the Project over time.
EIFD / Special Benefit District Financing
Appendix F provides reference to the location of IFP on SJAFCA’s website. This document includes an analysis of the projected revenues to come from the proposed EIFD. The revenues projected within the IFP are reflected within the financing plan presented in this Adequate Progress Report. To ensure sufficient revenues are available to finance the improvements, SJAFCA plans to issue debt secured by a combination of Assessment District and Tax Increment Revenues received by the EIFD and pledged to SJAFCA. An updated ATTACHMENT 2
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San Joaquin Area Flood Control Agency
2022 Annual Adequate Progress Report Update
January 24, 2023
analysis of the combined financing capacity of the proposed OAD and EIFD has been prepared and is included within Appendix F. Figure 2 below illustrates the revenues, proposed bond issuances, and debt service associated with the planned financing.
The updated Financing Plan assumes the following borrowings take place:
• One borrowing in 2025 yielding approximately $39.94 million in proceeds (estimated $43.25 Million Par) takes place. The borrowings would be secured by the proposed assessment district with one year of collection history and rate covenant of 1.2x Maximum Annual Debt Service. The current financing plan assumes a 30-year issue with 3.6% interest rates and escalating debt services. The issue is with an estimated 100% of Maximum Annual Debt Service reserve fund. • A 2027 borrowing yielding $45 million in proceeds (approximately $48.84 million Par) takes place.
This borrowing would be secured by a pledge of Tax Increment from the EIFD as well as an assumption that debt service coverage could be met with a backup pledge of any net assessment revenues. The current financing plan assumes a 30-year issue with 4.6% interest rate and level debt service. The issue is sized with a 1x Maximum Annual Debt Service Reserve Fund.
The Financing Plan presented with this 2022 Annual APR Update has refined the Overlay and EIFD Revenue Analyses previously presented. As shown in IFP referenced in Appendix F, the EIFD revenue analysis has been prepared to present the following property tax revenue allocation rate scenarios as follows:
The Variable Tax Rate Scenario has been modeled and created additional capacity to cover the needed debt service of the proposed bonding over time. Need is shown in Table E1 and demonstrated in the chart presented in Figure 2.
Affected Taxing Entity 2030 - 2032 2033 - 2043 2044 -2061 Maximum Tax Rate Scenario
City of Lathrop 10.0% 20.0% 20.0% 20.0%
City of Manteca 5.0% 20.0% 20.0% 20.0%
City of Stockton 1.0% 20.0% 20.0% 20.0%
San Joaquin County 47.3% 20.0% 20.0% 20.0%
Variable Tax Rate Scenario
City of Lathrop 10.0% 13.0% 9.5% 4.5%
City of Manteca 5.0% 13.0% 9.5% 4.5%
City of Stockton 1.0% 13.0% 9.5% 4.5%
San Joaquin County 47.3% 13.0% 9.5% 4.5%
EIFD Contribution Rate
Initial Years
(2021-2029)
ATTACHMENT 2
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San Joaquin Area Flood Control Agency
2022 Annual Adequate Progress Report Update
January 24, 2023
Figure 2: Combined Assessment Revenue & EIFD Tax Increment Financing Approach EIFD Establishment (2022/23)
OAD Formation (2023/24)
2025 AR Bond Issuance ($)
Level Debt Service, Senior/Subordinate Issue
2027 Hybrid Issuance ($45 MM)
Level Debt Service, 1.2x DSCR
EIFD Notes:
Variable allocation rate until 2029 shifting to 13% in 2030 and further down overtime. Limit of approximately $5.0 to $5.7 annually for combined debt service shown.
ATTACHMENT 2
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San Joaquin Area Flood Control Agency
2022 Annual Adequate Progress Report Update
January 24, 2023
The OAD provides revenues sufficient to bridge the gap between available Tax Increment Revenues and the required debt service needed to provide coverage for the bonds. In addition, available net revenues from the OAD, after filling the gap for the required Tax Increment Financing, would be available and authorized to provide ongoing operations and maintenance for the improved levee system.
Member Agency Advanced Funding Agreement
As noted previously, to ensure that SJAFCA has sufficient funding to construct the Project, the Cities of Stockton, Manteca and Lathrop (Agreeing Member Agencies) plan to enter into an Advance Funding Agreement with SJAFCA whereby sufficient funding would be made available to SJAFCA to supplement funding from the above identified funding sources. Under this concept, SJAFCA would enter into an Advanced Funding Agreement, whereby the Agreeing Member Agencies would fund, on a predetermined specified schedule (a schedule of Capital Calls), the funding needed to support Adequate Progress. The Agreeing Member Agencies and SJAFCA are currently developing the terms of the agreement pursuant to a Memorandum of Understanding (Appendix E). Currently, based upon the assumptions regarding the funding and financing plan described within this report, the Agreeing Member Agencies would be providing a total of $91.1 million.
The source of funding from the Agreeing Member Agencies would not be managed by SJAFCA. To the extent the Agreeing Member Agencies would be relying on developer funding through land secured financing (e.g. a Member Agency formed CFD, CSCDA’s Statewide Community Infrastructure (“SCIP”) Program or CMFA’s Bond Opportunities for Land Development (“BOLD”) Program) SJAFCA would cooperate with the Member Agency to support and establish the underlying infrastructure funding obligation. For example, this could take place through the preparation of any needed updates of the current Development Impact Fee program, coordination with the Member Agencies’ public financing team, or otherwise as needed. It is expected that an Advanced Funding Agreement would be fully executed prior to the next Annual Adequate Progress Report update.
Status and Schedule for Funding & Financing Implementation The following matrix outlines a conceptual schedule and details the status for the implementation of the contemplated funding mechanisms and associated financing of the improvements.
Activity Start End Duration [1] Status
MOU Principles June 1, 2016 N/A Completed
Prepare and Review ULOP
Adequate Progress Report
June 1, 2016 N/A Completed
Enter into MOU June 30, 2016 N/A Completed
Adopt ULOP Adequate Progress
Findings
July 2, 2016 N/A Completed
Develop Funding/Governance
Evaluation Framework
March 2016 N/A Completed
ATTACHMENT 2
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San Joaquin Area Flood Control Agency
2022 Annual Adequate Progress Report Update
January 24, 2023
Activity Start End Duration [1] Status
Prepare Financial & Governance
Analysis Supporting Governance
Entity & Financial Plan
September
2017
N/A Completed
Implement Governance Entity
Enter into JPA & (SJAFCA
Reorganization)
December
2017
N/A Completed
Implement Funding Mechanisms
Interim Impact Fee April
2017
N/A Completed
Regional Impact Fee
Adoption
January
2018
December
2018
N/A Completed
Regional Impact Fee
Update
June
2021
November
2022
17 months Completed
Overlay Assessment
District Formation
June
2018
August
2023
18 months
remaining
Preliminary
Analysis Completed
& Implementation
Scoped &
Consultants
Engaged
EIFD Adoption and EIFD
Formation
September
2018
August
2022
N/A Completed
Administration
Ongoing
Member Agency
Advanced Funding
Agreement
August
2022
December
2023
17 Months MOU Executed
Advanced Funding
Agreement being
Negotiated
Implement Financing Entity /
Mechanism
Issue Debt 2025 & 2027 N/A
The above information will continue to be updated annually as progress is made. The information above coincides with the cash flow model assumptions presented within Table 5 and the supporting analysis appendices.
ATTACHMENT 2
San Joaquin Area Flood Control Agency
2022 Annual Adequate Progress Report Update
January 24, 2023
1801014 Adequate Progress Report Appendix Covers 2023 0118.docx APPENDIX A:
SAN JOAQUIN AREA FLOOD CONTROL AGENCY RESOLUTION NO. 19-06:
RESOLUTION TO ADOPT POLICY ON ADAPTING DESIGN STANDARDS FOR THE
MOSSDALE TRACT AREA OF SJAFCA IN LIGHT OF CLIMATE CHANGE JANUARY 29, 2021, TECHNICAL MEMORANDUM PREPARED BY KJELDSEN SINNOCK & NEUDECK, INC. RE: SAN JOAQUIN AREA FLOOD CONTROL AGENCY MOSSDALE TRACT AREA ULDC ADJUSTMENTS FOR CLIMATE CHANGE –
CONSOLIDATED COST ESTIMATE
Reso 19-06 SJAFCA Resolution Adopting Policy re: Climate Change.......................................... A1 Tech Memo Technical Memo Detailing Updated Cost Estimate ................................................. A7 ATTACHMENT 2
RESOLUTION NO. SJAFCA 19-06
SAN JOAQUIN AREA
FLOOD CONTROL AGENCY
------------------------------------------------------------------
RESOLUTION TO ADOPT POLICY ON ADAPTING DESIGN
STANDARDS FOR THE MOSSDALE TRACT AREA OF SJAFCA IN
LIGHT OF CLIMATE CHANGE
WHEREAS, the overwhelming consensus of the international scientific community, as established by the Intergovernmental Panel on Climate Change and confirmed by the National Academy of Sciences, is that climate change is a real and increasingly urgent threat that demands action at every level of government; and WHEREAS, the Sacramento-San Joaquin Delta (hereinafter Delta) is a unique natural and geographic feature ofthe State of California, and is the largest estuary on the Pacific Coast of the United States encompassing an area of over 730,000 acres with islands and tracts of rich fertile soil surrounded by miles of sloughs and winding channels protected by levees; and
WHEREAS, climate change is directly impacting San Joaquin County citizens through sea level rise, flooding, increased wildfires, drought, and air pollution harming the public health; and
WHEREAS, further climate change is expected to impact the region's temperatures, precipitation and sea level with consequences for the area population, agriculture, environment and infrastructure; and
WHEREAS, to protect these critical resources, the San Joaquin Area Flood Control Agency must continually evaluate the risks and impacts from climate changer uncertainties and identify appropriate adaptation and mitigation strategies utilizing the best available science in conjunction with stakeholders for adapting design standards for the Mossdale Tract Area of SJAFCA.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE SAN JOAQUIN AREA FLOOD CONTROL AGENCY, AS FOLLOWS:
That the Policy on Climate Change is hereby approved and adopted, a copy of which is attached as Exhibit "A" and incorporated by this reference.
SJAFCA Resolution 19-06
ATTACHMENT 2
PASSED, APPROVED AND ADOPTED this 7 th day of February, 2019.
ATTEST: ,,.
- 'C
of
HRIS
~~the San
ELIAS,
Joaquin
Secretary
Area
~ Flood Control Agency
APPROVED AS TO FORM:
SJAFCA Resolution 19-06
ATTACHMENT 2
EXHIBIT “A”
1 San Joaquin Area Flood Control Agency
Policy for Adapting Design Standards
for the Mossdale Tract Area of SJAFCA
in Light of Climate Change Uncertainties
February 7, 2019
Introduction
The San Joaquin Area Flood Control Agency (SJAFCA) is advancing a program for increasing the level of flood protection provided by the Mossdale Tract levees through (i) development of locally-funded improvements, (ii) partnering with the State on potential State funding of improvements, and/or (iii) the pursuit of a Federally-authorized set of improvements. In the development of locally-funded improvements and other improvements which may be cost-shared with the State and Federal governments, it is necessary to select the appropriate future hydrology, considering climate change estimates, to inform design-level work. Unfortunately, the uncertainties (magnitude, timing, and nature of frequency) associated with accurately predicting that future hydrology requires that the agency balance the flood risk associated with understating that hydrology with the financial costs associated with overstating that hydrology. The purpose of this document is to provide a Board-adopted policy for managing that risk specifically for the Mossdale Tract levees.
In addition, the passage of SB5 has imposed on communities in the Central Valley an obligation to ensure that future development will be subject to at least 200-year flood protection. The Department of Water Resources (DWR) has developed guidance for the Urban Level Of [Flood] Protection (ULOP) including findings that must be made Available Data on Climate Change Through Hydrologic Studies Climate change, as it applies to Mossdale Tract levees, is comprised of both tailwater conditions as well as watershed hydrology. Tailwater conditions are important because water surface profiles are calculated from downstream to upstream, and tailwater elevation (also known as “stage”) is an input to the model. In the case of the San Joaquin River, the downstream limit of the hydraulic model is roughly the Deep Water Ship Channel near the Smith Canal Gate project. The stage at that location is affected by sea level, tide cycles, hydraulics of the Delta, physical configuration of the Delta in a given event, storm surge, flood flows from the various tributary rivers and streams entering the Delta, and to some extent, wind setup (if all or part of the Delta were to become a large body of open water in the future, for instance). Sea level rise is an essential component of tailwater conditions to consider.
Although sea level rise at the Golden Gate Bridge has been studied extensively, the science and engineering of predicting San Joaquin River tailwater conditions and watershed hydrology is new. The only study to date to address both aspects of climate ATTACHMENT 2
EXHIBIT “A”
2 change for the San Joaquin River is the work by the State associated with the 2017 Update of the Central Valley Flood Protection Plan (CVFPP). That study concludes that significant changes are likely for both tailwater conditions and San Joaquin River flows as a result of climate change. For example, the 200-year event in the year 2067 is estimated by the 2017 CVFPP as a tailwater stage of 12.6’, a stage which would overtop numerous Delta islands and overwhelm many existing and proposed facilities. In terms of watershed hydrology, the CVFPP also predicts a tripling of 200-year flood flows by the year 2067.
Additional Relevant Information
Until the development of the 2017 CVFPP Update, communities developing programs of improvements were required, under the ULOP guidelines, to address the risk of climate change without DWR generated estimates of tailwater conditions coupled with watershed hydrology. For example, in preparing adequate progress reports under ULOP for the River Islands Community of Lathrop, the City of Lathrop designed to the current hydrology, incorporated information from consensus sea level rise, and then added a further foot to the stage to address the uncertainty of changes to watershed hydrology as a result of climate change. Similarly, projects designed on the Sacramento River system have also incorporated additional stage or freeboard to address the uncertainty of changes to watershed hydrology as a result of climate change.
During the development of the 2017 CVFPP Update, commentators provided written comments to DWR regarding the significant changes projected by the Update and whether investment decisions should be made based on the Update. In response, DWR provided the following:
The 2017 CVFPP Update climate change analysis was used for system-scale planning and development of State policy in accordance with the directives and guidance of AB 2800, Executive Order B 30-15, Executive Order S-13-08, Public Resources Code 71155, and the California Natural Resources Agency publication, “Safeguarding California: Reducing Climate Risk (2014)” at a programmatic level. It has not been used to make investment-level decisions, project design, and implementation. While the 2017 CVFPP Update refines the overall near and long-term investment needs established in the 2017 CVFPP, it is not a decision document. Given the current state of climate change science and its uncertainties, application of the climate change projections for design purposes would not be appropriate at this time.
A more detailed programmatic account of the climate change analyses and summary of the findings is presented in the supporting document “2017 CVFPP Update – Climate Change Analysis Technical Memorandum.” The document also recommends further study:
Addressing uncertainty by evaluating a broader set of future climate scenarios, or sensitivity analyses.
ATTACHMENT 2
EXHIBIT “A”
3 Additional study to gain insight about reservoir climate vulnerability and potential adaptation needs.
The use of levee fragility and flood frequency curves is incorporated into the probabilistic methodology used for the CVFPP flood risk and potential life loss evaluations of the urban levee improvements and systemwide actions. Levee fragility data was developed based on the Nonurban/Urban Levee Evaluations program undertaken by the State. Further details on the methods and sources of data can be found in the “2017 CVFPP Update – Scenario Technical Analyses Summary Report” which supports the 2017 CVFPP Update.
Agency Policy
Based on the statement from DWR, it is not expected that SJAFCA use the 2017 CVFPP Update as a basis for design- and investment-level decisions. However, the trend of the 2017 CVFPP Update demonstrates that climate change will increase both the flows projected to flow down the San Joaquin River and increase the tailwater stages. DWR’s climate change estimates are for 50 years in the future only, and those estimates show the trends are still worsening at the end of that period with no eventual “leveling out” of the effects.
SJAFCA’s policy for design- and investment-level decisions must address this trend and the risk associated with uncertainty without using the DWR estimates which were not prepared for this purpose. The Board of Directors of the San Joaquin Area Flood Control Agency acknowledges that this policy may result in a future finding by a land use agency that the designed (or potentially constructed) project will not be able to provide 200-year flood protection in light of changing conditions caused by climate change or other factors, and that achieving and maintaining a particular level of flood protection often requires a community to recommit itself to implement further measures.
Therefore, it is the policy of the Board of Directors of the San Joaquin Area Flood Control Agency that design- and investment-level decisions shall incorporate the following elements (which are considered to be no, low, or medium regret to address the uncertainty of climate change) until such time as that uncertainty is reduced. Incorporation of additional stage at the downstream boundary of the San Joaquin River hydraulic model to cover “intermediate” estimates of sea level rise per U. S. Army Corps of Engineers guidance, plus an additional factor for uncertainty; The inclusion of some additional measure of stage in levee design. This additional stage will differ in different reaches to be determined by SJAFCA staff based upon input from consultants and partner agencies, but is expected to be in the zero to three-foot range;
ATTACHMENT 2
EXHIBIT “A”
4 Where real estate is being acquired for project improvements (and where land use coordination as described below is not adequate), SJAFCA will acquire the necessary real estate to support potential future levee raises and/or extensions based on the 2017 CVFPP climate change hydrology;
Coordination with relevant land-use agencies in and around current and future levee alignments to ensure approved development can accommodate expanded levee footprints and extended levee alignments;
At least every three years, and more often when the state of the science demands, staff shall review available studies and models and make recommendations to the Board whether this policy needs to be updated. SJAFCA will request that each land use agency within the Mossdale Tract annually provide to SJAFCA a summary of any findings made toward adequate progress;
SJAFCA will develop cost estimates to provide SJAFCA with necessary resources to further study and evaluate this issue through and after project completion.
ATTACHMENT 2
ATTACHMENT 2
TECHNICAL MEMORANDUM
January 29, 2021
Table 1 - Summary of Analyzed Levee Segments
Levee Segment Station From Station To Segment Status
French Camp Slough 0+00 101+00 Existing
San Joaquin River 101+00 822+80 Existing
Walthall Slough 822+80 853+50 Existing
Dryland Levee 853+50 959+00 1 Existing
Dryland Levee Extension 959+00 1104+20 2 Proposed
3. Data Sources
Existing data sources that were utilized in the levee assessment are as follows:
Urban Levee Design Criteria (ULDC) Evaluation – Identify Necessary Improvements and Cost Estimate, prepared by KSN in 2016.
Mossdale Tract Area ULDC Adjustments for Climate Change – Cost Estimate, prepared by KSN in 2019
4. Deficiency Results
There is a total of 20 ULDC criteria that were evaluated during both the 2016 Study and the 2019 Study. The results of the evaluations revealed that improvements were needed to satisfy several of the criteria. Each ULDC criteria is shown below in Table 2 and is denoted as to whether a particular criterion was identified as requiring improvements based on the 2016 Study and 2019 Study.
Table 2 - Necessary Improvements as per ULDC Criteria
Improvements Required
ULDC Criteria 2016 Study 2019 Study
7.1 Design Water Surface Elevation
7.2 Minimum Top of Levee X
7.3 Soil Sampling, Testing, and Logging
7.4 Slope Stability for Intermittently Loaded Levees X X
7.5 Underseepage for Intermittently Loaded Levees X X
7.6 Frequently Loaded Levees
7.7 Seismic Vulnerability
7.8 Levee Geometry X X
7.9 Interfaces and Transitions
7.10 Erosion X
7.11 Right-of-Way X X
7.12 Encroachments X X
1 The analysis of the existing Dryland Levee in the 2016 Study ended at Station 972+25. On behalf of the City of Manteca, a subsequent study was performed by Drake Haglan and Associates in order to identify a recommended alternative of the proposed Dryland Levee Extension. This recommended alternative alignment, and its connection to the existing RD17 Dryland Levee, differed from the assumptions made in the 2016 Study.
The end of the analysis was retracted to Station 959+00 in the 2019 Study based on the updated starting point of the Dryland Levee Extension.
2 The end point of the Dryland Levee Extension was identified as Station 1027+25 in the 2016 Study. Based on the climate change adjustments to the DWSE, the Dryland Levee Extension was extended to Station 1104+20 in the 2019 Study.
ATTACHMENT 2
TECHNICAL MEMORANDUM
January 29, 2021
Improvements Required
ULDC Criteria 2016 Study 2019 Study
7.13 Penetrations X
7.14 Floodwalls, Retaining Walls, and Closure Structures
7.15 Animal Burrows
7.16 Levee Vegetation
7.17 Wind Setup and Wave Runup
7.18 Security
7.19 Sea Level Rise
7.20 Emergency Actions
5. Consolidation of Cost Estimates in 2015 Dollars
The overall estimated project cost from the 2016 Study is $136,885,000, based on 2015 dollars. The individual projects that were identified in the 2016 Study are shown below in Table 3.
Table 3 - Summary of Original ULDC Evaluation Costs from 2016 Study Project
No.
Station
From
Station
To Project Name
Cost
(2015$)
2.155 822+80 972+25 Dryland Levee Reconstruction and Seepage Berm $27,765,000
5.155 119+50 192+00 Cutoff Wall $10,224,000
5.255 190+50 297+75 Seepage Berm $19,501,000
5.355 311+00 518+50 Cutoff Wall $35,050,000
10.155 114+00 972+25 Erosion Repairs $9,386,000
11.155 0+00 972+25 Right-of-Way Acquisition (Existing Deficiencies) $12,381,000
11.255 0+00 972+25 Right-of-Way Acquisition (New Improvements) $3,900,000
12.155 112+73 815+40 Encroachment Remediation $678,000
13.155 571+35 801+00 Pipe Penetration Rehabilitation $2,128,000 972+25 1027+25 Dryland Levee Extension $15,872,000
$136,885,000
The overall estimated project cost from the 2019 Study is $56,587,000, based on 2015 dollars. The individual projects that were identified in the 2019 Study are shown below in Table 4.
Table 4 - Summary of Additional Costs Associated with Climate Change from 2019 Study Project
No.
Station
From
Station
To Project Name
Cost
(2015$)
1555 192+00 212+00 Widen Seepage Berm $1,074,000
2555 312+30 339+00 Deepen Cutoff Wall $407,000
3555 703+00
781+00
741+30
799+50 Cutoff Wall $9,197,000
4555 570+00 822+80 Levee Raise along San Joaquin River $12,002,000 5555 822+80 959+00 Levee Raise along Walthall Slough / Dryland Levee $7,414,000 6555 959+00 1104+20 Dryland Levee Extension $26,493,000 $56,587,000
The two cost estimates described above from the 2016 Study and the 2019 Study were consolidated into a single cost estimate totally $193,472,000, based on 2015 dollars. By merging and restructuring ATTACHMENT 2
TECHNICAL MEMORANDUM
January 29, 2021
similar and/or overlapping projects from the two studies, the list of projects was refined and narrowed down to a total of 15 identified projects, as shown below in Table 6.
6. Update of Consolidated Cost Estimate to 2021 Dollars The update of the consolidated cost estimate from 2015 dollars to 2021 dollars was accomplished utilizing the Construction Cost Index (CCI) published monthly by Engineering News-Record (ENR).
The CCI is an indicator of general construction costs and includes labor and materials components.
ENR uses the CCI to measure how much it costs to purchase a hypothetical package of goods and services and compare it to what it was in a prior year. The CCIs that were used in this assessment are shown below in Table 5.
Table 5 - ENR CCIs and Escalation Factor
Description Value
ENR CCI (November 2015) 10092
ENR CCI (January 2021) 11628
Escalation Factor 1.1522
The unit costs of the consolidated cost estimate were then adjusted by multiplying them by the abovedescribed Escalation Factor and rounding up using the same number of significant digits. By doing so, the overall project cost increased to a total of $230,009,000, based on 2021 dollars.
7. Cost Estimate Conclusions
The consolidated cost estimate to address ULDC levee deficiencies, including the adjustments due to climate change, is summarized below in Table 6. This summary indicates the project costs in both 2015 dollars and 2021 dollars, and it is based on the refined 15 projects as described above.
Table 6 - Cost Estimate Summary
Project
ID
Station
From
Station
To Project Name
Cost
(2015$)
Cost
(2021$)
15 119+50 148+00 Cutoff Wall $7,950,000 $9,354,000
25 172+45 192+00 Cutoff Wall $4,464,000 $5,331,000
35 190+50 247+00 Seepage Berm $14,481,000 $17,002,000
45 255+50 259+50 Seepage Berm $970,000 $1,138,000
55 270+00 297+75 Seepage Berm $6,295,000 $7,389,000
65 311+00 362+50 Cutoff Wall $10,084,000 $12,337,000
75 388+00 518+50 Cutoff Wall $25,374,000 $30,954,000
85 570+00 822+80 Levee Raise @ San Joaquin River $14,681,000 $17,390,000 95 703+00 741+30 Cutoff Wall $6,197,000 $7,673,000
105 781+00 799+50 Cutoff Wall $3,001,000 $3,716,000
115 822+80 853+50 Levee Raise @ Walthall Slough $1,629,000 $1,941,000 125 853+50 959+00 Levee Raise & Seepage Berm
@ Dryland Levee $32,485,000 $38,374,000
135 0+00 959+00 Erosion Repairs $9,386,000 $10,851,000
145 0+00 959+00 Right-of-Way (existing) $12,381,000 $14,284,000 155 959+00 1104+20 Dryland Levee Extension $44,094,000 $52,275,000 $193,472,000 $230,009,000
A detailed breakdown of the improvement costs on a project-by-project basis is included in EXHIBIT 1.
ATTACHMENT 2
San Joaquin Area Flood Control Agency
Mossdale Tract Area ULDC Climate Change Adjustment
Cost Estimate
EXHIBIT 1
Cost Estimate Breakdown
ATTACHMENT 2
SAN JOAQUIN AREA FLOOD CONTROL AGENCY
MOSSDALE TRACT AREA ULDC COST ESTIMATE UPDATE TO 2021$
SAN JOAQUIN COUNTY, CALIFORNIA
OPINION OF PROBABLE COSTS
DETAILS OF PROPOSED IMPROVEMENTS
2015$ 2021$
Item Description Qty Unit Unit Price Total Unit Price Total
PROJECT CUTOFF WALL
ID 1 STA 119+50 TO STA 148+00
Construction $4,732,000 $5,567,500
1. Mobilization 10% $418,800 10% $492,700
2. Erosion Control 3% $125,700 3% $147,900
3. Clearing and Grubbing 5.4 AC $2,000 $10,800 $2,400 $13,000
5. Deep Mix Method (DMM) Cutoff Wall 83,300 SF $20 $1,666,000 $24 $1,999,200
6. Tracer Wire 2,900 LF $2 $5,800 $3 $8,700
7. Imported Engineered Fill 23,900 TN $15 $358,500 $18 $430,200
8. Class 2 Aggregate Base 2,100 TN $25 $52,500 $29 $60,900
9. Reconstruct Existing 8" Pipe 2 EA $45,000 $90,000 $51,900 $103,800
10. Reconstruct Existing 42" Pipe 6 EA $250,000 $1,500,000 $288,100 $1,728,600
11. Air Release Valve 8 EA $2,000 $16,000 $2,400 $19,200
12. 8" Valve 2 EA $2,500 $5,000 $2,900 $5,800
13. 42" Valve 6 EA $70,000 $420,000 $80,700 $484,200
14. Encroachment Removal 3 EA $10,000 $30,000 $11,600 $34,800
15. Encroachment Modification 1 EA $20,000 $20,000 $23,100 $23,100
16. Hydroseeding 128,300 SF $0.10 $12,900 $0.12 $15,400 Mangement / Environmental / Engineering $1,893,000 $2,227,300
1. Administration 5% $236,600 5% $278,400
2. Planning 3% $142,000 3% $167,100
3. Environmental and Permitting 5% $236,600 5% $278,400
4. Geotechnical Engineering 2% $94,700 2% $111,400
5. Surveying and Civil Engineering 10% $473,200 10% $556,800
6. Construction Management and Inspection 12% $567,900 12% $668,100
7. Mitigation 3% $142,000 3% $167,100
Real Estate $0 $0
1. Land Valuation (Agricultural) 0.0 AC $25,000 $0 $28,900 $0
2. Easement Acquisition 0 EA $50,000 $0 $57,700 $0
$1,325,000 $1,559,000
Project Totals $7,950,000 $9,354,000
Contingency (20%)
Kjeldsen, Sinnock & Neudeck, Inc. Page 1 of 15 Print Date: 1/29/2021 ATTACHMENT 2
SAN JOAQUIN AREA FLOOD CONTROL AGENCY
MOSSDALE TRACT AREA ULDC COST ESTIMATE UPDATE TO 2021$
SAN JOAQUIN COUNTY, CALIFORNIA
OPINION OF PROBABLE COSTS
DETAILS OF PROPOSED IMPROVEMENTS
2015$ 2021$
Item Description Qty Unit Unit Price Total Unit Price Total
PROJECT CUTOFF WALL
ID 2 STA 175+45 TO STA 192+00
Construction $2,656,400 $3,173,000
1. Mobilization 10% $235,100 10% $280,800
2. Erosion Control 3% $70,600 3% $84,300
3. Clearing and Grubbing 3.7 AC $2,000 $7,400 $2,400 $8,900
5. Deep Mix Method (DMM) Cutoff Wall 88,000 SF $20 $1,760,000 $24 $2,112,000
6. Tracer Wire 2,000 LF $2 $4,000 $3 $6,000
7. Imported Engineered Fill 16,500 TN $15 $247,500 $18 $297,000
8. Class 2 Aggregate Base 1,500 TN $25 $37,500 $29 $43,500
9. Reconstruct Existing 8" Pipe 2 EA $45,000 $90,000 $51,900 $103,800
10. Reconstruct Existing 12" Pipe 1 EA $60,000 $60,000 $69,200 $69,200
11. Reconstruct Existing 16" Pipe 1 EA $80,000 $80,000 $92,200 $92,200
12. Air Release Valve 4 EA $2,000 $8,000 $2,400 $9,600
13. 8" Valve 2 EA $2,500 $5,000 $2,900 $5,800
14. 12" Valve 1 EA $4,000 $4,000 $4,700 $4,700
15. 16" Valve 1 EA $8,500 $8,500 $9,800 $9,800
16. Encroachment Removal 3 EA $10,000 $30,000 $11,600 $34,800
17. Hydroseeding 88,000 SF $0.10 $8,800 $0.12 $10,600
Mangement / Environmental / Engineering $1,062,900 $1,269,400
1. Administration 5% $132,900 5% $158,700
2. Planning 3% $79,700 3% $95,200
3. Environmental and Permitting 5% $132,900 5% $158,700
4. Geotechnical Engineering 2% $53,200 2% $63,500
5. Surveying and Civil Engineering 10% $265,700 10% $317,300
6. Construction Management and Inspection 12% $318,800 12% $380,800
7. Mitigation 3% $79,700 3% $95,200
Real Estate $0 $0
1. Land Valuation (Agricultural) 0.0 AC $25,000 $0 $28,900 $0
2. Easement Acquisition 0 EA $50,000 $0 $57,700 $0
$743,900 $888,500
Project Totals $4,464,000 $5,331,000
Contingency (20%)
Kjeldsen, Sinnock & Neudeck, Inc. Page 2 of 15 Print Date: 1/29/2021 ATTACHMENT 2
SAN JOAQUIN AREA FLOOD CONTROL AGENCY
MOSSDALE TRACT AREA ULDC COST ESTIMATE UPDATE TO 2021$
SAN JOAQUIN COUNTY, CALIFORNIA
OPINION OF PROBABLE COSTS
DETAILS OF PROPOSED IMPROVEMENTS
2015$ 2021$
Item Description Qty Unit Unit Price Total Unit Price Total
PROJECT SEEPAGE BERM
ID 3 STA 190+50 TO STA 247+00
Construction $8,142,200 $9,569,200
1. Mobilization 3% $230,500 3% $270,900
2. Erosion Control 3% $230,500 3% $270,900
3. Clearing and Grubbing 20.8 AC $2,000 $41,600 $2,400 $50,000
4. Imported Engineered Fill 159,200 TN $15 $2,388,000 $18 $2,865,600
5. Drain Rock Material 99,200 TN $30 $2,976,000 $35 $3,472,000
6. Sand Filter Material 49,400 TN $25 $1,235,000 $29 $1,432,600
7. Filter Fabric 675,300 SF $0.50 $337,700 $0.58 $391,700
8. Class 2 Aggregate Base 4,200 TN $25 $105,000 $29 $121,800
9. Reconstruct Existing 8" Pipe 4 EA $45,000 $180,000 $51,900 $207,600
10. Reconstruct Existing 10" Pipe 2 EA $55,000 $110,000 $63,400 $126,800
11. Reconstruct Existing 16" Pipe 1 EA $80,000 $80,000 $92,200 $92,200
12. Reconstruct Existing 20" Pipe 1 EA $95,000 $95,000 $109,500 $109,500
13. Air Release Valve 8 EA $2,000 $16,000 $2,400 $19,200
14. 8" Valve 4 EA $2,500 $10,000 $2,900 $11,600
15. 10" Valve 2 EA $3,000 $6,000 $3,500 $7,000
16. 16" Valve 1 EA $8,500 $8,500 $9,800 $9,800
17. 20" Valve 1 EA $18,000 $18,000 $20,800 $20,800
18. Hydroseeding 743,100 SF $0.10 $74,400 $0.12 $89,200 Mangement / Environmental / Engineering $3,257,300 $3,828,000
1. Administration 5% $407,200 5% $478,500
2. Planning 3% $244,300 3% $287,100
3. Environmental and Permitting 5% $407,200 5% $478,500
4. Geotechnical Engineering 2% $162,900 2% $191,400
5. Surveying and Civil Engineering 10% $814,300 10% $957,000
6. Construction Management and Inspection 12% $977,100 12% $1,148,400
7. Mitigation 3% $244,300 3% $287,100
Real Estate $667,500 $771,000
1. Land Valuation (Agricultural) 12.7 AC $25,000 $317,500 $28,900 $367,100
2. Easement Acquisition 7 EA $50,000 $350,000 $57,700 $403,900 $2,413,400 $2,833,700
Project Totals $14,481,000 $17,002,000
Contingency (20%)
Kjeldsen, Sinnock & Neudeck, Inc. Page 3 of 15 Print Date: 1/29/2021 ATTACHMENT 2
SAN JOAQUIN AREA FLOOD CONTROL AGENCY
MOSSDALE TRACT AREA ULDC COST ESTIMATE UPDATE TO 2021$
SAN JOAQUIN COUNTY, CALIFORNIA
OPINION OF PROBABLE COSTS
DETAILS OF PROPOSED IMPROVEMENTS
2015$ 2021$
Item Description Qty Unit Unit Price Total Unit Price Total
PROJECT SEEPAGE BERM
ID 4 STA 255+50 TO STA 259+50
Construction $528,800 $621,000
1. Mobilization 3% $15,000 3% $17,600
2. Erosion Control 3% $15,000 3% $17,600
3. Clearing and Grubbing 1.4 AC $2,000 $2,800 $2,400 $3,400
4. Imported Engineered Fill 9,900 TN $15 $148,500 $18 $178,200
5. Drain Rock Material 6,000 TN $30 $180,000 $35 $210,000
6. Sand Filter Material 3,000 TN $25 $75,000 $29 $87,000
7. Filter Fabric 40,800 SF $0.50 $20,400 $0.58 $23,700
8. Class 2 Aggregate Base 300 TN $25 $7,500 $29 $8,700
9. Reconstruct Existing 10" Pipe 1 EA $55,000 $55,000 $63,400 $63,400
10. Air Release Valve 1 EA $2,000 $2,000 $2,400 $2,400
11. 10" Valve 1 EA $3,000 $3,000 $3,500 $3,500
12. Hydroseeding 45,600 SF $0.10 $4,600 $0.12 $5,500
Mangement / Environmental / Engineering $211,800 $248,800
1. Administration 5% $26,500 5% $31,100
2. Planning 3% $15,900 3% $18,700
3. Environmental and Permitting 5% $26,500 5% $31,100
4. Geotechnical Engineering 2% $10,600 2% $12,500
5. Surveying and Civil Engineering 10% $52,900 10% $62,100
6. Construction Management and Inspection 12% $63,500 12% $74,600
7. Mitigation 3% $15,900 3% $18,700
Real Estate $67,500 $78,000
1. Land Valuation (Agricultural) 0.7 AC $25,000 $17,500 $28,900 $20,300
2. Easement Acquisition 1 EA $50,000 $50,000 $57,700 $57,700 $161,700 $189,600
Project Totals $970,000 $1,138,000
Contingency (20%)
Kjeldsen, Sinnock & Neudeck, Inc. Page 4 of 15 Print Date: 1/29/2021 ATTACHMENT 2
SAN JOAQUIN AREA FLOOD CONTROL AGENCY
MOSSDALE TRACT AREA ULDC COST ESTIMATE UPDATE TO 2021$
SAN JOAQUIN COUNTY, CALIFORNIA
OPINION OF PROBABLE COSTS
DETAILS OF PROPOSED IMPROVEMENTS
2015$ 2021$
Item Description Qty Unit Unit Price Total Unit Price Total
PROJECT SEEPAGE BERM
ID 5 STA 270+00 TO STA 297+75
Construction $3,512,500 $4,127,500
1. Mobilization 3% $99,500 3% $116,900
2. Erosion Control 3% $99,500 3% $116,900
3. Clearing and Grubbing 9.1 AC $2,000 $18,200 $2,400 $21,900
4. Imported Engineered Fill 68,600 TN $15 $1,029,000 $18 $1,234,800
5. Drain Rock Material 41,600 TN $30 $1,248,000 $35 $1,456,000
6. Sand Filter Material 20,400 TN $25 $510,000 $29 $591,600
7. Filter Fabric 283,100 SF $0.50 $141,600 $0.58 $164,200
8. Class 2 Aggregate Base 2,100 TN $25 $52,500 $29 $60,900
9. Reconstruct Existing 10" Pipe 1 EA $55,000 $55,000 $63,400 $63,400
10. Reconstruct Existing 12" Pipe 2 EA $60,000 $120,000 $69,200 $138,400
11. Reconstruct Existing 16" Pipe 1 EA $80,000 $80,000 $92,200 $92,200
12. Air Release Valve 4 EA $2,000 $8,000 $2,400 $9,600
13. 10" Valve 1 EA $3,000 $3,000 $3,500 $3,500
14. 12" Valve 2 EA $4,000 $8,000 $4,700 $9,400
15. 16" Valve 1 EA $8,500 $8,500 $9,800 $9,800
16. Hydroseeding 316,400 SF $0.10 $31,700 $0.12 $38,000 Mangement / Environmental / Engineering $1,405,300 $1,651,300
1. Administration 5% $175,700 5% $206,400
2. Planning 3% $105,400 3% $123,900
3. Environmental and Permitting 5% $175,700 5% $206,400
4. Geotechnical Engineering 2% $70,300 2% $82,600
5. Surveying and Civil Engineering 10% $351,300 10% $412,800
6. Construction Management and Inspection 12% $421,500 12% $495,300
7. Mitigation 3% $105,400 3% $123,900
Real Estate $327,500 $378,200
1. Land Valuation (Agricultural) 5.1 AC $25,000 $127,500 $28,900 $147,400
2. Easement Acquisition 4 EA $50,000 $200,000 $57,700 $230,800 $1,049,100 $1,231,400
Project Totals $6,295,000 $7,389,000
Contingency (20%)
Kjeldsen, Sinnock & Neudeck, Inc. Page 5 of 15 Print Date: 1/29/2021 ATTACHMENT 2
SAN JOAQUIN AREA FLOOD CONTROL AGENCY
MOSSDALE TRACT AREA ULDC COST ESTIMATE UPDATE TO 2021$
SAN JOAQUIN COUNTY, CALIFORNIA
OPINION OF PROBABLE COSTS
DETAILS OF PROPOSED IMPROVEMENTS
2015$ 2021$
Item Description Qty Unit Unit Price Total Unit Price Total
PROJECT CUTOFF WALL
ID 6 STA 311+00 TO STA 362+50
Construction $6,001,700 $7,343,200
1. Mobilization 10% $531,200 10% $649,900
2. Erosion Control 3% $159,400 3% $195,000
3. Clearing and Grubbing 10.8 AC $2,000 $21,600 $2,400 $26,000
4. Degrade Existing Levee (1/3 Height) 23,500 CY $10 $235,000 $12 $282,000
5. Soil-Bentonite (SB) Cutoff Wall 354,200 SF $8 $2,833,600 $10 $3,542,000
6. Temporary Cap (Double Handle) 9,200 CY $10 $92,000 $12 $110,400
7. Tracer Wire 5,200 LF $2 $10,400 $3 $15,600
8. Imported Engineered Fill 108,800 TN $15 $1,632,000 $18 $1,958,400
9. Class 2 Aggregate Base 3,900 TN $25 $97,500 $29 $113,100
10. Reconstruct Existing 6" Pipe 1 EA $40,000 $40,000 $46,100 $46,100
11. Reconstruct Existing 8" Pipe 1 EA $45,000 $45,000 $51,900 $51,900
12. Reconstruct Existing 10" Pipe 3 EA $55,000 $165,000 $63,400 $190,200
13. Reconstruct Existing 14" Pipe 1 EA $75,000 $75,000 $86,500 $86,500
14. Air Release Valve 6 EA $2,000 $12,000 $2,400 $14,400
15. 6" Valve 1 EA $2,000 $2,000 $2,400 $2,400
16. 8" Valve 1 EA $2,500 $2,500 $2,900 $2,900
17. 10" Valve 3 EA $3,000 $9,000 $3,500 $10,500
18. 14" Valve 1 EA $7,000 $7,000 $8,100 $8,100
19. Hydroseeding 314,200 SF $0.10 $31,500 $0.12 $37,800 Mangement / Environmental / Engineering $2,401,000 $2,937,500
1. Administration 5% $300,100 5% $367,200
2. Planning 3% $180,100 3% $220,300
3. Environmental and Permitting 5% $300,100 5% $367,200
4. Geotechnical Engineering 2% $120,100 2% $146,900
5. Surveying and Civil Engineering 10% $600,200 10% $734,400
6. Construction Management and Inspection 12% $720,300 12% $881,200
7. Mitigation 3% $180,100 3% $220,300
Real Estate $0 $0
1. Land Valuation (Agricultural) 0.0 AC $25,000 $0 $28,900 $0
2. Easement Acquisition 0 EA $50,000 $0 $57,700 $0
$1,680,600 $2,056,200
Project Totals $10,084,000 $12,337,000
Contingency (20%)
Kjeldsen, Sinnock & Neudeck, Inc. Page 6 of 15 Print Date: 1/29/2021 ATTACHMENT 2
SAN JOAQUIN AREA FLOOD CONTROL AGENCY
MOSSDALE TRACT AREA ULDC COST ESTIMATE UPDATE TO 2021$
SAN JOAQUIN COUNTY, CALIFORNIA
OPINION OF PROBABLE COSTS
DETAILS OF PROPOSED IMPROVEMENTS
2015$ 2021$
Item Description Qty Unit Unit Price Total Unit Price Total
PROJECT CUTOFF WALL
ID 7 STA 388+00 TO STA 518+50
Construction $15,102,800 $18,424,200
1. Mobilization 10% $1,336,600 10% $1,630,500
2. Erosion Control 3% $401,000 3% $489,200
3. Clearing and Grubbing 27.3 AC $2,000 $54,600 $2,400 $65,600
4. Degrade Existing Levee (1/3 Height) 59,500 CY $10 $595,000 $12 $714,000
5. Soil-Bentonite (SB) Cutoff Wall 827,000 SF $8 $6,616,000 $10 $8,270,000
6. Temporary Cap (Double Handle) 23,200 CY $10 $232,000 $12 $278,400
7. Tracer Wire 13,000 LF $2 $26,000 $3 $39,000
8. Imported Engineered Fill 275,600 TN $15 $4,134,000 $18 $4,960,800
9. Class 2 Aggregate Base 9,600 TN $25 $240,000 $29 $278,400
10. Reconstruct Existing 4" Pipe 1 EA $35,000 $35,000 $40,400 $40,400
11. Reconstruct Existing 6" Pipe 2 EA $40,000 $80,000 $46,100 $92,200
12. Reconstruct Existing 10" Pipe 2 EA $55,000 $110,000 $63,400 $126,800
13. Reconstruct Existing 12" Pipe 5 EA $60,000 $300,000 $69,200 $346,000
14. Reconstruct Existing 14" Pipe 2 EA $75,000 $150,000 $86,500 $173,000
15. Reconstruct Existing 16" Pipe 3 EA $80,000 $240,000 $92,200 $276,600
16. Reconstruct Existing 20" Pipe 1 EA $95,000 $95,000 $109,500 $109,500
17. Reconstruct Existing 36" Pipe 1 EA $200,000 $200,000 $230,500 $230,500
18. Air Release Valve 17 EA $2,000 $34,000 $2,400 $40,800
19. 4" Valve 1 EA $1,500 $1,500 $1,800 $1,800
20. 6" Valve 2 EA $2,000 $4,000 $2,400 $4,800
21. 10" Valve 2 EA $3,000 $6,000 $3,500 $7,000
22. 12" Valve 5 EA $4,000 $20,000 $4,700 $23,500
23. 14" Valve 2 EA $7,000 $14,000 $8,100 $16,200
24. 16" Valve 3 EA $8,500 $25,500 $9,800 $29,400
25. 20" Valve 1 EA $18,000 $18,000 $20,800 $20,800
26. 36" Valve 1 EA $55,000 $55,000 $63,400 $63,400
27. Hydroseeding 796,000 SF $0.10 $79,600 $0.12 $95,600 Mangement / Environmental / Engineering $6,041,400 $7,370,200
1. Administration 5% $755,200 5% $921,300
2. Planning 3% $453,100 3% $552,800
3. Environmental and Permitting 5% $755,200 5% $921,300
4. Geotechnical Engineering 2% $302,100 2% $368,500
5. Surveying and Civil Engineering 10% $1,510,300 10% $1,842,500
6. Construction Management and Inspection 12% $1,812,400 12% $2,211,000
7. Mitigation 3% $453,100 3% $552,800
Real Estate $0 $0
1. Land Valuation (Agricultural) 0.0 AC $25,000 $0 $28,900 $0
2. Easement Acquisition 0 EA $50,000 $0 $57,700 $0
$4,228,900 $5,158,900
Project Totals $25,374,000 $30,954,000
Contingency (20%)
Kjeldsen, Sinnock & Neudeck, Inc. Page 7 of 15 Print Date: 1/29/2021 ATTACHMENT 2
SAN JOAQUIN AREA FLOOD CONTROL AGENCY
MOSSDALE TRACT AREA ULDC COST ESTIMATE UPDATE TO 2021$
SAN JOAQUIN COUNTY, CALIFORNIA
OPINION OF PROBABLE COSTS
DETAILS OF PROPOSED IMPROVEMENTS
2015$ 2021$
Item Description Qty Unit Unit Price Total Unit Price Total
PROJECT LEVEE RAISE
ID 8 STA 570+00 TO STA 822+80
Construction $8,370,100 $9,925,400
1. Mobilization 3% $236,900 3% $281,000
2. Erosion Control 3% $236,900 3% $281,000
3. Clearing and Grubbing 43.6 AC $2,000 $87,200 $2,400 $104,700
4. Imported Engineered Fill 339,700 TN $15 $5,095,500 $18 $6,114,600
5. Floodwall (3' tall) 2,400 LF $125 $300,000 $145 $348,000
6. Class 2 Aggregate Base 18,800 TN $25 $470,000 $29 $545,200
7. Reconstruct Existing 12" Pipe 3 EA $60,000 $180,000 $69,200 $207,600
8. Reconstruct Existing 16" Pipe 1 EA $80,000 $80,000 $92,200 $92,200
9. Reconstruct Existing 18" Pipe 4 EA $85,000 $340,000 $98,000 $392,000
10. Reconstruct Existing 20" Pipe 1 EA $95,000 $95,000 $109,500 $109,500
11. Reconstruct Existing 48" Pipe 1 EA $300,000 $300,000 $345,700 $345,700
12. Air Release Valve 10 EA $2,000 $20,000 $2,400 $24,000
13. 12" Valve 3 EA $4,000 $12,000 $4,700 $14,100
14. 16" Valve 1 EA $8,500 $8,500 $9,800 $9,800
15. 18" Valve 4 EA $14,000 $56,000 $16,200 $64,800
16. 20" Valve 1 EA $18,000 $18,000 $20,800 $20,800
17. 48" Valve 1 EA $85,000 $85,000 $98,000 $98,000
18. Encroachment Removal 31 EA $10,000 $310,000 $11,600 $359,600
19. Encroachment Modification 3 EA $100,000 $300,000 $115,300 $345,900
20. Hydroseeding 1,390,400 SF $0.10 $139,100 $0.12 $166,900 Management / Environmental / Engineering $3,348,700 $3,970,500
1. Administration 5% $418,600 5% $496,300
2. Planning 3% $251,200 3% $297,800
3. Environmental and Permitting 5% $418,600 5% $496,300
4. Geotechnical Engineering 2% $167,500 2% $198,600
5. Surveying and Civil Engineering 10% $837,100 10% $992,600
6. Construction Management and Inspection 12% $1,004,500 12% $1,191,100
7. Mitigation 3% $251,200 3% $297,800
Real Estate $515,300 $595,100
1. Land Valuation (Agricultural) 8.6 AC $25,000 $215,300 $28,900 $248,900
2. Easement Acquisition 6 EA $50,000 $300,000 $57,700 $346,200 $2,446,900 $2,898,200
Project Totals $14,681,000 $17,390,000
Contingency (20%)
Kjeldsen, Sinnock & Neudeck, Inc. Page 8 of 15 Print Date: 1/29/2021 ATTACHMENT 2
SAN JOAQUIN AREA FLOOD CONTROL AGENCY
MOSSDALE TRACT AREA ULDC COST ESTIMATE UPDATE TO 2021$
SAN JOAQUIN COUNTY, CALIFORNIA
OPINION OF PROBABLE COSTS
DETAILS OF PROPOSED IMPROVEMENTS
2015$ 2021$
Item Description Qty Unit Unit Price Total Unit Price Total
PROJECT CUTOFF WALL
ID 9 STA 703+00 TO STA 741+30
Construction $3,688,200 $4,566,900
1. Mobilization 10% $326,400 10% $404,200
2. Erosion Control 3% $98,000 3% $121,300
3. Degrade Existing Levee (1/3 Height) 17,400 CY $10 $174,000 $12 $208,800
4. Soil-Bentonite (SB) Cutoff Wall 306,400 SF $8 $2,451,200 $10 $3,064,000
5. Temporary Cap (Double Handle) 6,700 CY $10 $67,000 $12 $80,400
6. Imported Engineered Fill 37,600 TN $15 $564,000 $18 $676,800
7. Tracer Wire 3,800 LF $2 $7,600 $3 $11,400
Management / Environmental / Engineering $1,475,700 $1,827,200
1. Administration 5% $184,500 5% $228,400
2. Planning 3% $110,700 3% $137,100
3. Environmental and Permitting 5% $184,500 5% $228,400
4. Geotechnical Engineering 2% $73,800 2% $91,400
5. Surveying and Civil Engineering 10% $368,900 10% $456,700
6. Construction Management and Inspection 12% $442,600 12% $548,100
7. Mitigation 3% $110,700 3% $137,100
Real Estate $0 $0
1. Land Valuation (Agricultural) 0.0 AC $25,000 $0 $28,900 $0
2. Easement Acquisition 0 EA $50,000 $0 $57,700 $0
$1,032,800 $1,278,900
Project Totals $6,197,000 $7,673,000
Contingency (20%)
Kjeldsen, Sinnock & Neudeck, Inc. Page 9 of 15 Print Date: 1/29/2021 ATTACHMENT 2
SAN JOAQUIN AREA FLOOD CONTROL AGENCY
MOSSDALE TRACT AREA ULDC COST ESTIMATE UPDATE TO 2021$
SAN JOAQUIN COUNTY, CALIFORNIA
OPINION OF PROBABLE COSTS
DETAILS OF PROPOSED IMPROVEMENTS
2015$ 2021$
Item Description Qty Unit Unit Price Total Unit Price Total
PROJECT CUTOFF WALL
ID 10 STA 781+00 TO STA 799+50
Construction $1,785,900 $2,211,200
1. Mobilization 10% $158,100 10% $195,700
2. Erosion Control 3% $47,500 3% $58,800
3. Degrade Existing Levee (1/3 Height) 8,500 CY $10 $85,000 $12 $102,000
4. Soil-Bentonite (SB) Cutoff Wall 148,000 SF $8 $1,184,000 $10 $1,480,000
5. Temporary Cap (Double Handle) 3,300 CY $10 $33,000 $12 $39,600
6. Imported Engineered Fill 18,300 TN $15 $274,500 $18 $329,400
7. Tracer Wire 1,900 LF $2 $3,800 $3 $5,700
Management / Environmental / Engineering $714,600 $884,900
1. Administration 5% $89,300 5% $110,600
2. Planning 3% $53,600 3% $66,400
3. Environmental and Permitting 5% $89,300 5% $110,600
4. Geotechnical Engineering 2% $35,800 2% $44,300
5. Surveying and Civil Engineering 10% $178,600 10% $221,200
6. Construction Management and Inspection 12% $214,400 12% $265,400
7. Mitigation 3% $53,600 3% $66,400
Real Estate $0 $0
1. Land Valuation (Agricultural) 0.0 AC $25,000 $0 $28,900 $0
2. Easement Acquisition 0 EA $50,000 $0 $57,700 $0
$500,100 $619,300
Project Totals $3,001,000 $3,716,000
Contingency (20%)
Kjeldsen, Sinnock & Neudeck, Inc. Page 10 of 15 Print Date: 1/29/2021 ATTACHMENT 2
SAN JOAQUIN AREA FLOOD CONTROL AGENCY
MOSSDALE TRACT AREA ULDC COST ESTIMATE UPDATE TO 2021$
SAN JOAQUIN COUNTY, CALIFORNIA
OPINION OF PROBABLE COSTS
DETAILS OF PROPOSED IMPROVEMENTS
2015$ 2021$
Item Description Qty Unit Unit Price Total Unit Price Total PROJECT LEVEE RAISE @ WALTHALL SLOUGH
ID 11 STA 822+80 TO STA 853+50
Construction $969,000 $1,154,700
1. Mobilization 3% $27,500 3% $32,700
2. Erosion Control 3% $27,500 3% $32,700
3. Clearing and Grubbing 5.3 AC $2,000 $10,600 $2,400 $12,800
4. Imported Engineered Fill 47,600 TN $15 $714,000 $18 $856,800
5. Class 2 Aggregate Base 2,300 TN $25 $57,500 $29 $66,700
6. Reconstruct Existing 20" Pipe 1 EA $95,000 $95,000 $109,500 $109,500
7. Air Release Valve 1 EA $2,000 $2,000 $2,400 $2,400
8. 20" Valve 1 EA $18,000 $18,000 $20,800 $20,800
9. Hydroseeding 168,900 SF $0.10 $16,900 $0.12 $20,300
Mangement / Environmental / Engineering $387,800 $462,200
1. Administration 5% $48,500 5% $57,800
2. Planning 3% $29,100 3% $34,700
3. Environmental and Permitting 5% $48,500 5% $57,800
4. Geotechnical Engineering 2% $19,400 2% $23,100
5. Surveying and Civil Engineering 10% $96,900 10% $115,500
6. Construction Management and Inspection 12% $116,300 12% $138,600
7. Mitigation 3% $29,100 3% $34,700
Real Estate $0 $0
1. Land Valuation (Agricultural) 0.0 AC $25,000 $0 $28,900 $0
2. Easement Acquisition 0 EA $50,000 $0 $57,700 $0
$271,400 $323,400
Project Totals $1,629,000 $1,941,000
Contingency (20%)
Kjeldsen, Sinnock & Neudeck, Inc. Page 11 of 15 Print Date: 1/29/2021 ATTACHMENT 2
SAN JOAQUIN AREA FLOOD CONTROL AGENCY
MOSSDALE TRACT AREA ULDC COST ESTIMATE UPDATE TO 2021$
SAN JOAQUIN COUNTY, CALIFORNIA
OPINION OF PROBABLE COSTS
DETAILS OF PROPOSED IMPROVEMENTS
2015$ 2021$
Item Description Qty Unit Unit Price Total Unit Price Total PROJECT LEVEE RAISE & SEEPAGE BERM @ DRYLAND LEVEE
ID 12 STA 853+50 TO STA 972+25
Construction $18,810,800 $22,234,400
1. Mobilization 3% $532,400 3% $629,300
2. Erosion Control 3% $532,400 3% $629,300
3. Traffic Control 1 LS $50,000 $50,000 $57,700 $57,700
4. AC Pavement Repairs 20,000 SF $10 $200,000 $12 $240,000
5. Clearing and Grubbing 50.9 AC $2,000 $101,800 $2,400 $122,200
6. Imported Engineered Fill 569,900 TN $15 $8,548,500 $18 $10,258,200
7. Drain Rock Material 170,400 TN $30 $5,112,000 $35 $5,964,000
8. Sand Filter Material 79,800 TN $25 $1,995,000 $29 $2,314,200
9. Filter Fabric 928,400 SF $0.50 $464,200 $0.58 $538,500
10. Class 2 Aggregate Base 15,700 TN $25 $392,500 $29 $455,300
11. Encroachment Modification 1 EA $100,000 $100,000 $115,300 $115,300
12. Hydroseeding 1,519,200 SF $0.10 $152,000 $0.12 $182,400
13. Quarry Stone Riprap 14,000 TN $45 $630,000 $52 $728,000 Mangement / Environmental / Engineering $7,524,700 $8,894,200
1. Administration 5% $940,600 5% $1,111,800
2. Planning 3% $564,400 3% $667,100
3. Environmental and Permitting 5% $940,600 5% $1,111,800
4. Geotechnical Engineering 2% $376,300 2% $444,700
5. Surveying and Civil Engineering 10% $1,881,100 10% $2,223,500
6. Construction Management and Inspection 12% $2,257,300 12% $2,668,200
7. Mitigation 3% $564,400 3% $667,100
Real Estate $735,000 $849,200
1. Land Valuation (Agricultural) 19.4 AC $25,000 $485,000 $28,900 $560,700
2. Easement Acquisition 5 EA $50,000 $250,000 $57,700 $288,500 $5,414,100 $6,395,600
Project Totals $32,485,000 $38,374,000
Contingency (20%)
Kjeldsen, Sinnock & Neudeck, Inc. Page 12 of 15 Print Date: 1/29/2021 ATTACHMENT 2
SAN JOAQUIN AREA FLOOD CONTROL AGENCY
MOSSDALE TRACT AREA ULDC COST ESTIMATE UPDATE TO 2021$
SAN JOAQUIN COUNTY, CALIFORNIA
OPINION OF PROBABLE COSTS
DETAILS OF PROPOSED IMPROVEMENTS
2015$ 2021$
Item Description Qty Unit Unit Price Total Unit Price Total
PROJECT EROSION REPAIRS
ID 13 STA 0+00 TO STA 959+00
Construction $5,586,200 $6,458,400
1. Mobilization 3% $158,100 3% $182,800
2. Erosion Control 3% $158,100 3% $182,800
3. Clearing and Grubbing 34.0 AC $2,000 $68,000 $2,400 $81,600
4. Quarry Stone Riprap 115,600 TN $45 $5,202,000 $52 $6,011,200 Mangement / Environmental / Engineering $2,234,900 $2,583,800
1. Administration 5% $279,400 5% $323,000
2. Planning 3% $167,600 3% $193,800
3. Environmental and Permitting 5% $279,400 5% $323,000
4. Geotechnical Engineering 2% $111,800 2% $129,200
5. Surveying and Civil Engineering 10% $558,700 10% $645,900
6. Construction Management and Inspection 12% $670,400 12% $775,100
7. Mitigation 3% $167,600 3% $193,800
Real Estate $0 $0
1. Land Valuation (Agricultural) 0.0 AC $25,000 $0 $28,900 $0
2. Easement Acquisition 0 EA $50,000 $0 $57,700 $0
$1,564,300 $1,808,500
Project Totals $9,386,000 $10,851,000
Contingency (20%)
Kjeldsen, Sinnock & Neudeck, Inc. Page 13 of 15 Print Date: 1/29/2021 ATTACHMENT 2
SAN JOAQUIN AREA FLOOD CONTROL AGENCY
MOSSDALE TRACT AREA ULDC COST ESTIMATE UPDATE TO 2021$
SAN JOAQUIN COUNTY, CALIFORNIA
OPINION OF PROBABLE COSTS
DETAILS OF PROPOSED IMPROVEMENTS
2015$ 2021$
Item Description Qty Unit Unit Price Total Unit Price Total
PROJECT RIGHT-OF-WAY ACQUISITION (EXISTING DEFICIENCIES) ID 14 STA 0+00 TO STA 959+00
Real Estate $10,317,500 $11,903,200
1. Land Valuation (Agricultural) 40.7 AC $25,000 $1,017,500 $28,900 $1,176,300
2. Land Valuation (Residential) 3.0 AC $250,000 $750,000 $288,100 $864,300
3. Land Valuation (Commercial) 1.0 AC $250,000 $250,000 $288,100 $288,100
4. Improvement Valuation (Residential) 15 EA $150,000 $2,250,000 $172,900 $2,593,500
5. Easement Acquisition 113 EA $50,000 $5,650,000 $57,700 $6,520,100
6. Easement Acquisition (Oak Shores) 1 EA $400,000 $400,000 $460,900 $460,900 $2,063,500 $2,380,700
Project Totals $12,381,000 $14,284,000
Contingency (20%)
Kjeldsen, Sinnock & Neudeck, Inc. Page 14 of 15 Print Date: 1/29/2021 ATTACHMENT 2
SAN JOAQUIN AREA FLOOD CONTROL AGENCY
MOSSDALE TRACT AREA ULDC COST ESTIMATE UPDATE TO 2021$
SAN JOAQUIN COUNTY, CALIFORNIA
OPINION OF PROBABLE COSTS
DETAILS OF PROPOSED IMPROVEMENTS
2015$ 2021$
Item Description Qty Unit Unit Price Total Unit Price Total
PROJECT DRYLAND LEVEE EXTENSION
ID 15 STA 959+00 TO STA 1104+20
Construction $23,983,300 $28,501,800
1. Mobilization 3% $678,800 3% $806,700
2. Erosion Control 3% $678,800 3% $806,700
3. Traffic Control 1 LS $120,000 $120,000 $138,300 $138,300
4. AC Pavement Repairs 70,000 SF $10 $700,000 $12 $840,000
5. Clearing and Grubbing 80.8 AC $5,000 $404,200 $5,800 $468,900
6. Excavate Levee Keyway 38,800 CY $10 $388,000 $12 $465,600
7. Imported Engineered Fill 958,800 TN $15 $14,382,000 $18 $17,258,400
8. Drain Rock Material 110,100 TN $30 $3,303,000 $35 $3,853,500
9. Sand Filter Material 33,100 TN $25 $827,500 $29 $959,900
10. Filter Fabric 742,500 SF $0.50 $371,300 $0.58 $430,700
11. Class 2 Aggregate Base 10,800 TN $25 $270,000 $29 $313,200
12. Encroachment Removal 2 EA $50,000 $100,000 $57,700 $115,400
13. Encroachment Modification 3 EA $100,000 $300,000 $115,300 $345,900
14. Relocate Ditch 9,100 LF $10 $91,000 $12 $109,200
15. Hydroseeding 1,761,100 SF $0.10 $176,200 $0.12 $211,400
16. Quarry Stone Riprap 26,500 TN $45 $1,192,500 $52 $1,378,000 Management / Environmental / Engineering $9,593,500 $11,401,000
1. Administration 5% $1,199,200 5% $1,425,100
2. Planning 3% $719,500 3% $855,100
3. Environmental and Permitting 5% $1,199,200 5% $1,425,100
4. Geotechnical Engineering 2% $479,700 2% $570,100
5. Surveying and Civil Engineering 10% $2,398,400 10% $2,850,200
6. Construction Management and Inspection 12% $2,878,000 12% $3,420,300
7. Mitigation 3% $719,500 3% $855,100
Real Estate $3,167,500 $3,659,500
1. Land Valuation (Agricultural) 82.7 AC $25,000 $2,067,500 $28,900 $2,390,100
2. Easement Acquisition 22 EA $50,000 $1,100,000 $57,700 $1,269,400 $7,348,900 $8,712,500
Project Totals $44,094,000 $52,275,000
Contingency (20%)
Kjeldsen, Sinnock & Neudeck, Inc. Page 15 of 15 Print Date: 1/29/2021 ATTACHMENT 2
San Joaquin Area Flood Control Agency
2022 Annual Adequate Progress Report Update
January 24, 2023
1801014 Adequate Progress Report Appendix Covers 2023 0118.docx APPENDIX B:
SAN JOAQUIN AREA FLOOD CONTROL AGENCY RESOLUTION NO. 22-07:
RESOLUTION DIRECTING STAFF TO WORK WITH THE MEMBER LAND USE
AGENCIES TO FINALIZE THE MOSSDALE TRACT URBAN LEVEL OF FLOOD
PROTECTION DEVELOPMENT IMPACT FEE UPDATE AND AUTHORIZING THE
EXECUTIVE DIRECTOR TO EXECUTE AN AMENDED COLLECTION AGREEMENT (EXCLUDING THE FINAL NEXUS STUDY UPDATE)
AMENDED AGREEMENT FOR COLLECTION OF SAN JOAQUIN AREA FLOOD
CONTROL AGENCY MOSSDALE TRACT AREA REGIONAL URBAN LEVEL OF
PROTECTION DEVELOPMENT IMPACT FEE (PARTIAL EXECUTION COPY)
DEVELOPMENT IMPACT FEE PROGRAM SUPPORTING TABLES
Reso 22-07 SJAFCA Resolution Adopting Regional Impact Fee Program ................................... B1 Agmt Amended Collection Agreement for Regional Impact Fee ...................................... B3 Table B1 Development Fee Summary .................................................................................... B20 Table B2 Total Development Impact Fee Revenue Estimate ................................................. B21 Table B3 Development Impact Fee Revenue Estimate - Single Family .................................. B22 Table B4 Development Impact Fee Revenue Estimate – Multifamily .................................... B23 Table B5 Development Impact Fee Revenue Estimate – Commercial ................................... B24 Table B6 Development Impact Fee Revenue Estimate – Industrial ....................................... B25 Table B7 Creditable Pre-Project Expenditures ....................................................................... B26 ATTACHMENT 2
RESOLUTION NO. SJAFCA 22-07
SAN JOAQUIN AREA
FLOOD CONTROL AGENCY
ATTACHMENT A
=========----=-=========-=============--========--==========-=====
RESOLUTION DIRECTING STAFF TO WORK WITH THE MEMBER LAND USE
AGENCIES TO FINALIZE THE MOSSDALE TRACT AREA REGIONAL URBAN
LEVEL OF FLOOD PROTECTION DEVELOPMENT IMPACT FEE UDPATE AND
AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE AN AMENDED
COLLECTION AGREEMENT
WHEREAS, in November 2018 the SJAFCA Board of Directors approved the Mossdale Tract Area Regional Urban Level of Flood Protection Development Impact Fee Program ("Impact Fee Program") Nexus Study and authorized the execution of a collection agreement for said program with its member land use agencies; and WHEREAS, since the approval of the Impact Fee Program Nexus Study, several key factors reflected in the Nexus have changed including changes to the overall costs of the levee improvement program, the approach to financing the improvements and projections of development upon which the Nexus Study apportions the cost necessitating and update to the Nexus Study and associated collection agreement; and WHEREAS, SJAFCA now desires to work with its member Land Use Agencies to implement an update to the Impact Fee Program.
NOW THEREFORE BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE SAN JOAQUIN AREA FLOOD CONTROL AGENCY, AS FOLLOWS:
1. The SJAFCA Board of Directors hereby directs staff to work with the member Land Use Agencies to finalize for adoption by the member land use agencies the Draft Mossdale Tract Area Regional Urban Level of Flood Protection Levee Impact Fee - Nexus Study Update Dated February 23, 2022 attached hereto as Exhibit 1.
2. The Development Fee will be collected by the Land Use Agencies in accordance with an Amended Agreement for Collection of San Joaquin Area Flood Control Agency Mossdale Tract Area Regional Urban Level of Flood Protection Development Impact Fee. The Board authorizes the Executive Director, after consultation with Agency Counsel, to execute a collection agreement substantially in the form attached hereto as Exhibit 2.
PASSED, APPROVED AND ADOPTED this 17th day of March 2022.
SJAFCA Resolution 22-07
ATTACHMENT 2
CHRIS ELIAS, Secretary
of the San Joaquin Area
Flood Control Agency
SJAFCA Resolution 22-07
ATTACHMENT A
DAN WRI HT, Chair
of the San Joaquin Area
Flood Control Agency
ATTACHMENT 2
AMENDED AGREEMENT FOR COLLECTION OF
SAN JOAQUIN AREA FLOOD CONTROL AGENCY
MOSSDALE TRACT AREA REGIONAL URBAN LEVEL OF
FLOOD PROTECTION DEVELOPMENT IMPACT FEE
Exhibit 2
This Agreement for Collection of San Joaquin Area Flood Control Agency Mossdale Tract Area Regional Urban Level of Flood Protection Development Impact Fee ("Agreement") is made and entered into on the date it is effective pursuant to Section 12 by and among the following parties:
a. City of Stockton, hereinafter referred to as "Stockton"; b. County of San Joaquin, hereinafter referred to as "County"; c. City of Lathrop, hereinafter referred to as "Lathrop;" d. City of Manteca, hereinafter referred to as "Manteca;" and, e. The San Joaquin Area Flood Control Agency, herein referred to as "SJAFCA."
A signatory to this Agreement is referred to herein as a Party, and collectively each Party is referred to as the Parties.
RECITALS
WHEREAS, in January of 2018, Stockton, the County, the San Joaquin County Flood Control and Water Conservation District ("SJCFCWCD"), Lathrop, and Manteca executed an Amended and Restated Joint Exercise of Powers Agreement ("JEPA") to reform the San Joaquin Area Flood Control Agency ("Agency") with a common goal of expanding the Agency to allow a coordinated effort to reduce flood risk in the Mossdale Tract Area (the "Program").
11nnsv1
AMENDED Agreement for Collection of San Joaquin Area Flood Control Agency Development Impact Fee
ATTACHMENT 2
WHEREAS, SJAFCA, through certain state legislation and through the execution of the Amended and Restated Joint Exercise of Powers Agreement, has legal authority to prescribe, revise and collect fees as a condition of development of land (JEPA Section 7.m) for the purpose of assisting in the financing of flood control facilities, including the authority to make such fees applicable to development of land within the County, Stockton, Lathrop, and Manteca (collectively, "the Land Use Agencies").
WHEREAS, SJAFCA exercised this authority for the purpose of assisting in the financing of levee improvements and related flood risk reduction measures necessary to provide at least a 200-year level of flood protection to lands Within the 200-year floodplain along the San Joaquin River in the Mossdale Tract Area ("Program Area") and to thereby offset the increase in damageable property that is placed in the levee protected floodplain as new development occurs in this area.
WHEREAS, SJAFCA prepared a Mossdale Tract Area Regional Urban Level of Flood Protection Development Impact Fee Nexus Study ("Nexus Study") dated November 8, 2018 that described and determined the applicable Mossdale Tract Area Regional Urban Level of Flood Protection Development Impact Fee ("DIF").
WHEREAS, SJAFCA has now prepared an updated Nexus Study, dated February 23, 2022, that again describes and determines an updated DIF.
WHEREAS, each of the Parties has adopted or will adopt the updated Nexus Study which creates an updated DIF for the Program Area.
WHEREAS, SJAFCA has requested that the Land Use Agencies, as a condition of issuance of a building permit for new development in the Program Area, as shown on Figure 1 in the Nexus Study, that is within each of the Land Use Agency's land use authority, collect and transmit to SJAFCA the updated DIF for the development project for which such building permit is to be issued.
WHEREAS, the Land Use Agencies are willing and desire to collect the DIF and to transmit the DIF to SJAFCA, and the Land Use Agencies and SJAFCA desire to set forth the standards applicable to the collection of the DIF. lmS38vl
AMENDED Agreement for Collection of San Joaquin AJea Flood Control Agency Development Impact Fee
ATTACHMENT 2
COVENANTS
In consideration of the mutual promises and covenants herein contained, the Parties hereto agree as follows:
1. Incorporation of Recitals. The above recitals are incorporated in this Agreement by reference.
2. Collection and Transmission of DIF. Commencing with the effective date of the updated DIF, the Land Use Agencies shall collect the updated DIF as a condition of issuance of a building permit for any building, for which a building permit is required, located in the Program Area. The Land Use Agencies shall transmit to SJAFCA all amounts of the DIF that have been collected, minus the hold-back processing fee for the Land Use Agencies adopted pursuant to the Nexus Study. The methodology for computing the DIF, together with other procedural criteria, are specified in the Nexus Study.
3. Deposit of DIF. SJAFCA shall maintain a separate capital facilities account into which the Land Use Agencies shall, at least quarterly, deposit the DIF funds collected by the Land Use Agencies. Any interest earned on the DIF while held by the Land Use Agency shall also be deposited by the Land Use Agency.
4. Periodic Update of the DIF. SJAFCA shall promptly notify the Land Use Agencies of any necessary adjustments to the DIF to be made by the Parties from time to time.
5. Application of Fee Crediting and Reimbursement Policies. The Parties agree that in order to have a fair application of this Agreement, the DIF and the funds it will generate within each Land Use Agency, it is necessary to agree to principles which will be applied by any Land Use Agency when certain conditions occur. In such cases, the Land Use Agencies agree to apply the principles contained in Exhibit B to Collection Agreement. The relevant conditions are as follows:
1777S38vl
AMENDED Agreement for Collection of San Joaquin Area Flood Control Agency Development Impact Fee
ATTACHMENT 2
6. a. The Land Use Agency has previously collected funds pursuant to a funding agreement with a developer in advance of when the fee would otherwise be due pursuant to the DIF Resolution and the funds are to be used to plan, design, and/or construct a portion of the Program; or,
b. The Land Use Agency has entered into an agreement with a . developer to plan, design and/or construction a portion of the Program; or,
c. The Land Use Agency itself has funded the planning, design and/or construction a portion of the Program.
Refunds. In the event that a Land Use Agency collects the DIF or a portion of the DIF in error, the Land Use Agency will recalculate the correct DIF amount, process a refund to the customer, if necessary, and notify SJAFCA of this action.
SJAFCA shall promptly refund any amount due to the Land Use Agency as a result of such error, or upon request of the Land Use Agency shall work with the Land Use Agency to true-up amounts owing in conjunction with the Land Use Agency forwarding future DIFs. In the event that a Land Use Agency requests that SJAFCA process a refund due to a building permit expiring without construction taking place, SJAFCA shall promptly process such refund to the Land Use Agency minus any costs incurred by SJAFCA in processing such refund.
7. Payment of DIF under Protest. Pursuant to Title 7, Division 1, Chapter 9 of the California Government Code, commencing with §66020, any aggrieved landowner shall be entitled to pay the applicable DIF to a Land Use Agency under protest. The protest procedures set forth therein shall apply to the DIF paid under protest.
8. Appeal. SJAFCA's Board of Directors shall hear all appeals for waiver or reduction in SJAFCA's DIF. The Board of Directors may adopt such policies as it wishes for the processing of the appeal and shall have the sole authority to grant or deny the 17n538vl
AMENDED Agreement for Collection of San Joaquin Area Flood Control Agency Development Impact Fee
Page4 ofl3
ATTACHMENT 2
appeal. Within 5 business days following the final action of its Board of Directors regarding an appeal, SJAFCA shall notify the affected Land Use Agency in writing of its determination.
9. Compensation of Land Use Agencies. In consideration for collecting the DIF and consistent with the hold-back provided for in Section 2, SJAFCA shall reimburse the Land Use Agencies for their cost of time and materials for calculating, reporting, collecting, and processing functions. Such costs shall include the time and materials expended by, but not limited to, employees of the relevant Community Services Department, the Auditor-Controller's department, the Land Use Agencies' administrative office, and the information technology department. The Parties agree that a charge of 3% of the DIF is a reasonable estimate of the Land Use Agencies' cost of time and materials for calculating, reporting, collecting, and processing of the DIF.
Each Land Use Agency and SJAFCA may agree to a different amount that reflects the Land Use Agency's actual cost of collection by executing a letter agreement without the need to amend this Agreement.
10. Relationship to Enhanced Infrastructure Financing District.
The Parties acknowledge that as a separate action, the Land Use Agencies are also collaborating on the creation of an enhanced infrastructure financing district ("EIFD") which will collect funds from a portion of property taxes paid in the Program Area to also fund, in addition to the DIF, levee improvements protecting the Program Area. For the EIFD, the Land Use Agencies have agreed that the County will contribute a larger share of EIFD payments for an initial period, in exchange for the County receiving priority repayment of some of those funds from the DIF collected under this Agreement.
Attached hereto as Exhibit A are the key terms showing the mechanism of such priority repayment and each of the Land Use Entities agrees to such priority repayment.
11. Indemnification.
a. Except as provided in Section 11.b., SJAFCA agrees to indemnify, hold harmless and defend the Land Use Agencies, their Board of Supervisors or City l777538vl
AMENDED Agreement for Collection of San Joaquin Area Flood Control Agency Development Impact Fee
ATTACHMENT 2
Council, officers, directors, agents and employees from and against any and all demands, liabilities, claims, actions, costs, damages, losses, litigation or expenses (including attorney's fees) arising out of or in any way related to, directly or indirectly, any action taken by the Land Use Agencies to collect the DIF and/or their performance of the obligations of this Agreement. This indemnification shall extend and apply to any claim, demand, or litigation pertaining to the lawfulness or validity of the SJAFCA DIF. b. Each Land Use Agency agrees to indemnify, hold harmless and defend SJAFCA, its Board of Director, officers, agents and employees from and against any and all demands, liabilities, claims, actions, costs, damages, losses, litigation or expenses (including attorney's fees) arising out of or in any way related to, directly or indirectly, any criminal, reckless, or wrongful action taken by the Land Use Agency or its employees in the collection or processing of the DIF.
12. Notices. Notice to be provided to any Party to this Agreement arising out of matters pertaining to this Agreement shall be addressed as follows:
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For County and SJCFCWCD:
San Joaquin County Department of Public Works
ATTN: Public Works Director
P.O. Box 1810
Stockton, California 95201
For City of Lathrop:
City of Lathrop
ATTN: Teresa Vargas, City Clerk
390 Towne Centre Drive
Lathrop, CA 95330
For City of Manteca:
City of Manteca
ATTN: City Clerk
A.MENDED Agreement for Collection of San Joaquin Area Flood Control Agency Development Impact Fee
ATTACHMENT 2
1001 W. Center Street
Manteca, CA 95337
For City of Stockton:
City of Stockton Community Development Department
ATTN: Community Development Director
424 N. El Dorado Street
Stockton, CA 95202
Any party may change the address to which subsequent notice and/or other communications can be sent by giving written notice designating a change of address to . the other Parties, which shall be effective upon receipt.
13. Term. This Agreement shall be effective as to SJAFCA and any Land Use Agency, once SJAFCA and the Land Use Agency both execute this Agreement and also adopt the DIF, and shall be effective as to each additional Land Use Agency once this Agreement is executed by that Land Use Agency and the DIF is adopted, and shall end when either (i) SJAFCA terminates the Agreement in accordance with Section 14, or (ii) all adopting Land Use Agencies have terminated the Agreement in accordance with Section 14.
14. Withdrawal from Agreement. Any Land Use Agency that has executed this Agreement, or SJAFCA, m;:iy withdraw from this Agreement by giving the other Parties at least six (6) months written notice of withdrawal. In the event of withdrawal by a Land Use Agency, that Land Use Agency shall, within 10 days of effective withdrawal, cause to be deposited into SJAFCA's separate capital facilities account all DIF funds collected prior to withdrawal.
15. Modifications. This Agreement contains the entire understanding of the Parties and no alteration, amendment, variation, or waiver of the terms of this Agreement shall be valid unless made in writing and signed by all Parties. Waiver by any Party of any default, breach or condition precedent shall not be construed as a waiver of any other default, breach or condition precedent, or any other right hereunder. 1777538vl
AMENDED Agreement for Collection of San Joaquin Area Flood Control Agency Development Impact Fee
ATTACHMENT 2
16. Governing Laws and Jurisdiction. This Agreement shall be deemed to have been executed and to be performed within the State of California and shall be construed and governed by the internal laws of the State of California. Any legal proceedings arising out of or relating to this Agreement shalt be brought in the Superior Court of San Joaquin County, California.
17. Assignment; Binding on Successors. The rights and duties of the Parties may not be assigned or delegated without the written consent of all other Parties. Any attempt to assign or delegate such rights or duties in contravention of this Agreement shall be null and void. This Agreement shall be binding upon and shall inure to the benefit of the successors of the Parties hereto, respectively. Any approved assignment or delegation shall be consistent with the terms of any contracts, resolutions, indemnities and other obligations of the Agency then in effect.
18. Interpretation. This Agreement shall be deemed to have been prepared equally by all of the Parties, and the Agreement and its individual provisions shall not be construed or interpreted more favorably for one Party on the basis that another Party prepared it.
19. Entire Agreement. This Agreement constitutes the entire contract between the Parties regarding the collection, deposit, and reporting of the DIF. Any prior agreements, regarding the subject matter of this Agreement are hereby terminated effective immediately upon full execution of this Agreement.
20. Severability. Should any part, term or provision of this Agreement be decided by any court of competent jurisdiction to be illegal or in conflict with any law of the State of California, or otherwise be rendered unenforceable or ineffectual, the validity of the remaining portions or provisions shall not be affected thereby.
21. Duplicate Counterparts. This Agreement may be executed in duplicate counterparts. The Agreement shall be deemed executed when it has been signed by SJAFCA and at least one of the Land Use Agencies.
1777538v1
AMENDED Agreement for Collection of San Joaquin Area Flood Control Agency Development Impact Fee
ATTACHMENT 2
22. Interpretation. For purposes of this Agreement, references to "he" shall mean and include "she," references to "him" shall mean and include "her," ahd references to "his" shall mean and include "hers."
IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed on the day and year first above-written.
COUNTY OF SAN JOAQUIN
a political subdivision of the State of California
y Administraror
ATTEST:
Clerk of the Board of Supervisors
of the County of San Joaquin,
State of California
By: __________ _
RACHEL DeBORD
Deputy Clerk
RECOMMENDED FOR APPROVAL:
... -
By:_-r-~-------- -- FR B CHMAN, C,E. T.E., CFM
Interim Director of Public Works
APPROVED AS TO FORM:
By:._ ---} _ 5: ~ G=----) --
Matthew Dacey
Deputy County Counsel
17775JSvl
CITY OF STOCKTON,
a municipal Corporation
By: __________ _
ATTEST:
Clerk of the City of Stockton
By: __________ _
APPROVED AS TO FORM
By: ____________ _
AMENDED Agreement for Collection of San Joaquin Area Flood Control Agency Development Impact Fee
ATTACHMENT 2
CITY OF LATHROP,
a municipal Corporation
~ City Manager
ATTEST:
Clerk of the City of Lathrop
APPROVED AS TO FORM:
By: 5- Salvador Navarrete
City Attorney
SAN JOAQUIN AREA FLOOD CONTROL
AGENCY
#~~ By:_~-----------
CHRISELIAS
Executive Director
177753Kvl
CITY OF MANTECA,
a municipal Corporation
By:--------- - -
Title:
ATTEST:
Clerk of the City of Manteca
By:-----------
Title:
APPROVED AS TO FORM:
By:-----------
Title:
APPROVED AS TO FORM:
By: ~ --
SCOTT L. SHAPIRO
Agency Counsel
AMENDED Agreement for Collection of San Joaquin Area Flood Control Agency Development Impact Fee
ATTACHMENT 2
CITY OF LATHROP,
!=l. ,n1.mi9ipal Corporation
Sy: ________ _ _ _
Title:
ATTEST:-
Clerk ofth·e City of Lathrop·
By:· ______ ____ _
APPROVED AS TO FORM:
By: __________ _
Title:
$AN JOAQUIN AREA F/...000 CONTROL
AG.ENCY
By: ___ __,....,. _ _ _ ____ _
CHR1$: E!-iAs
Executive Director
mm&vl
CITY OF MANTECA,
a rnurircipal Corporation
ATTEST:
Clerk of the City of Manteca
APPROVED AS TO FORM:
By: ;_?J&-
Title:
APPROVED AS TO FORM:
By:-.,.-.,-----~-~- --- SCOTT L. SHAP.IRO
Agency Counsel
AMENDED Agreell\ent for Collec;tion.o(San Joa_qufu Ar<:a Flood Control Agency Development Impact Fee
P11ge IO of13
ATTACHMENT 2
EXHIBIT A
SAN JOAQUIN AREA FLOOD CONTROL AGENCY
MOSSDALE T RACT AREA REGIONAL URBAN LEVEL OF
FLOOD PROTECTION DEVELOPMENT IMPACT FEE
Key Terms Related to the Repayment of
EIFD Payments to Land Use Entities from Impact Fees
1. Development Impact Fees "Impact Fees" collected after the Initial Years (ending in 2029), would be paid to each jurisdiction to help offset the general fund impacts associated with debt service requirements of the EIFD, subject first to priority reimbursement of "County Additional EIFD Contributions," as defined below. (i.e., the Impact Fees would be directly paid to the County until they have fully repaid the cumulative County Additional EIFD Contributions. After that repayment, Impact Fees would be used to offset the agencies' impacts to their respective general funds from prior EIFD property tax allocations, the "Impact Fee Offset," as further described below).
2. During the Initial Years, the following EIFD funding participation is proposed:
a) San Joaquin County proposed to contribute a total flat rate of 47% of property tax increment, comprised of its Initial Base Rate plus an additional 37% of property tax increment, with such additional amount defined as "County Additional EIFD Contribution".
b) Cities will each provide their respective Initial Base Rates.
3. Following the Initial Years, the following EIFD Funding participation and other financial arrangements are proposed:
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a) The Initial Base Rates would no longer apply and all agencies, including the County, would provide proportional EIFD contributions (i.e., the same percentage rate of total tax increment) to meet the debt service needs of any debt issued and secured by EIFD revenues subject to the Maximum Rate (20%) of total property tax increment. The contributions provided after the Initial Years would be subject to the Maximum Rate are defined as the "Post Project Annual Contribution."
b) The cumulative County Additional EIFD Contribution shall be repaid to the County using Impact Fees. County to receive 100% of Impact Fees until the cumulative Additional County EIFD Contribution is repaid with interest compounded quarterly on at the annual County Pooled Treasury Rate for that quarter plus 200 basis points.
AMENDED Agreement for Collection of San Joaquin Area Flood Control Agency Development Impact Fee
ATTACHMENT 2
1ms1sv1
c) Following retirement of the cumulative County Additional EIFD Contribution with interest from Impact Fees, the Impact Fee Offset would be implemented as follows. All Impact Fees received by SJAFCA after repayment to the County would be allocated and paid to the Cities and the County to offset prior general fund impacts of previous EIFD contributions. The proportionate share of the cumulative total of each participating agency's Initial Contributions and Post Project Annual Contributions are defined as each agency's "Base EIFD Share." DIF revenues would be paid to each Agency based on its Base EIFD Share.
d) The duration (i.e., term) of Impact Fee Offset payments is yet to be determined. The term will be finalized during the process of updating the SJAFCA Mossdale ULOP Program Impact Fee Nexus Study. As part of the Impact Fee Update process, the Member Agencies will have an opportunity to weigh in on duration of the impact fee program.
AMENDED Agreement for Collection of San Joaquin Area Flood Control Agency Development Impact Fee
ATTACHMENT 2
EXHIBIT B
FEE CREDITING PRINCIPLES
17nSJ8vl
AMENDED Agreement for Collection of San Joaquin Area Flood Control Agency Development Impact Fee
ATTACHMENT 2
EXHIBrrs
SAN JOAQUIN AREA FLOOD CONTROL AGENCY
MOSSDALE TRACT AREA REGIONAL URBAN LEVEL OF FLOOD PROTECTION -I- l:\i'l:1:l l\71-i=>:A:e-r FE~ERE'El i=r--& REIM B·tJ-RSEM EN=f Pe 1:1-GIESUNDERLYING ASSUMPTIONS Thefollowihg are the underlying assumptions that predicate the establishment of credits and reimbursements:
• All funding, in-kind services, or construction of facilities in furtherance of providing an Urban Level of Flood Protection to Mossdale Tract Area, "Prior Advance Funding,'' was provided in advance of the Reclamation District 17 Interim Levee Impact Fee (Interim Levee Fee) and San Joaquin Area Flood Control Agency {SJAFCA) Regional Levee Fee (Reglonal DIF) (collectively, the Levee Fee) on behalf of development projects will be Identified by the tables in a "Credit & Reimbursement Analysis," to be prepared by SJAFCA.
• All Prior Advance Funding of the Levee Fee will be propo1tionately allocable to the individual tract maps/phases/units/villages In projects based upon a project's gross developable acreage. • Development within a project is assumed to have an obligation to fund levee improvements for all undeveloped gross developable acreage as of April 7, 2017 in Lathrop and April 22, 2017 In Manteca, the effective dates of the Interim Fe.es adopted by Lathrop and Manteca. • Units within a project are assumed to have been previously absorbed if a permit for the unit has been applled for before January 8, 2019, the effective date of SJAFCA's Regional DIF. • The Levee Fee obligation for all remaining developable acreage in a project absorbed before January 8, 2019 are t he Initial Fee Rates as identified in the November 8, 2018, Mossdale Tract Area Regional Urban Level of Flood Protection Levee Impact Fee Nexus Study as adopted by SJAFCA Resolution _ -18 on Novembe r 8, 2018 (reference Table 1 of that Nexus Study). • The credit for Prior Advance Funding will be expressed in terms of GDAs and will be determined by taking the amount of prior advance funding and dividing it by the Initial Fee Rates per GDA. The amount of GDA credit will be set by this methodology and will not be recalculated in the future by the escalating fee rate.
• All permits that have previously been applied for before January 8, 2019, (i.e., absorbed) are assumed to have been fully funded with credit from prior advance funding and no additional Levee Fees will be required to be paid for these units.
• 1 For multiple projects that are being developed by a common landowner, if one project is determined to have advance funded Levee Fees in excess of its obligation and is due a reimbursement, the reimbursement will be applied and added to the credit of the next project currently underway with the consent of the landowner.
Pre.par~i bf UVA 1 October 22, 2018
ATTACHMENT 2
CREDITING POLICY FOR PRIOR ADVJ:'l\!CE FUNDING
The Crediting Policy will allow forthe-'use of the accumulated credit on a proportionate basis as the remainder of a project is developed. Th~ basis for the proportionality will be the ratio of Remaining Credit Acreage to Total Remaining Acres to be developed.
• "Remaining Credit Acreage" will be defined as the credit accumulated by the prior advance funding less the amount of credit utilized by units that have been absorbed prior to January 8, 2019. • "Total Remaining Acres" to be developed will be defined as the difference between the total developable GDAs in a project and the amount of acres absorbed before January 9, 2019, or as subsequeritly revised by the land Use Agency and the Landowner.
Use of Prior Allvance Funding Credit
As homes and/or projects are constructed by permits applied for after January 9, 2019, the lanelowner will fund a portion of the Levee Fee based on the relative proportionality between the remainder of a project not able to be funded from the Remaining Credit Acreage and the Total Remaining Acres left in the project after all previously absorbed units.
To im.plement this policy, the Land Use Agency will calculate this remaining amount of the Levee Fee due as the individual building permits are issued for units to be constructed in the project. Collection of the Levee Fee can be deferred consistent with any adopted fee deferral program by the Land Use agency.
CREDITING POLICY FOR CONSTRUCTION OF FACILITIES
Any Developer constructed facilities will be constructed pursuant to an agreement entered into between the Land Use Agency and SJAFCA. The agreement wlll specify the maximum amount of credit that will be afforded for the construction of the facility which will be the lesser of the estimated cost of the facility which was the basis for the development fee program or the Developers actual construction cost ("Constructed Facilities Funding Credit''). Constructed Facilities Funding Credit will be documented and provided when a completed facility is accepted by the appropriate entity.
Use of Constructed Facilities Funding Cre~it
Use of Constructed Facilities Funding Credit will be consistent with the "Use of Advance Funding Credit" described above.
REIMBURSEMENT POLICY FOR PRIOR ADVANCE FUNDING
For Development Projects due a reimbursement as a result of funding in excess of a Project's Levee Impact Fee Obligation
The reimbursement policy will be consistent with the following underlying principles. • Reimbursements will be only be paid from levee impact fees collected from othe r development projects.
• No reimbursements should be paid to a party advancing funds into the levee improvement program until ail levee improvement project costs are paid and the levee improvement-program has been completed and certified, unless otherwise determined by SJAFCA that payment of such reimbursements is financially feas_ible and legally defensible by SJAFCA. !r~par~J by LWA 2 - ~ - ~ - · .......... o ..... ctobe~22,2018 ATTACHMENT 2
• Tile Board should make decisions that consider the impact to the Project and the services provided to SJAFCA,,beneficiaries at large.
• The Board should make decisions that consider the proportionality of the investment made into the levee improvement program.
________ .__:: r.he-BGar.d.sholld-c0nsidei:.tl:le-timir.ig-olr.epay.mer:it-of_capi.tal-to..those..iJw.estil'.lgJn.tnelel.le,"'--- ------ - improvement program.
For Land Use Agencies due a reimbursement as a result of funding provided to advance the Levee Improvement Program in advance of January 1, 2018
The reimbursement policy wi-11 be consistent with the following underlying principles. • No reimbursements should be paid from development fees to a land use agency that advanced funds into the levee improvement program until all levee improvement project costs are paid and the levee improvement program has been completed and certified, unless otherwise determined by SJAFCA that payment of such reimbursements is financially feasible and legally defensible by SJAFCA.
• The Board should make decisions t hat consider the impact to t he Project and the services provided to SJAFCA beneficiaries at large.
• The Board should make decisions t hat consider the proportionality of the investment made into the levee improvement program.
• The Board should consider the timing of repayment of capital to those investing in the levee improvement program.
For Land Use Agencies due repayment pursuant to the Inte rim Seed Money Funding Agr.eement dated June 12, 2018
• Repayment will be made consistent w ith Section 6 of t hat Agreement. i'ttparcd b)I LVIA 3 October 22, 2018
ATTACHMENT 2
Table B‐1
Mossdale Tract: 2022 Adequate Progress Report
Updated Regional Development Fee Revenue Analysis
Initial Starting Development Fee Rate Summary
Units / 1,000
Building Sq Ft
Per Acre
Fee Rate per
Unit / 1,000
Building Sq Ft
Reference [1] 3% [2]
Single‐Family $21,462 $644 $22,106 5.86 $3,770Multifamily $20,084 $603 $20,686 18.89 $1,095 Commercial $20,307 $609 $20,916 12.21 $1,713
Industrial $15,907 $477 $16,384 15.55 $1,053
[1] Regional Development Impact Fee Rates for FY 22/23. [2] Single‐Family and Multifamily shown in units; Commercial and Industrial shown in 1,000's of square feet. [3] The Development Impact Fee will escalate annually based on the Engineering News Record’s Construction Cost Index 20‐City Average (ENR CCI) for the most recent December bears to the December 2018 index.
Land Use
Fee Rate Summary (Current Adopted)
Cost Share
Per Acre
Administrative
Fee
Fee Rate
Per Acre
Demonstrative Purposes Only
Prepared by LWA 1801000 Mossdale Tract Financing Model 2023 0110.xlsx ATTACHMENT 2
Table B‐2
Mossdale Tract: 2022 Adequate Progress Report
Updated Regional Development Fee Revenue Analysis
Total Development Impact Fee Revenue Estimate
Year Single Family Multifamily Commercial Industrial Total Fee Revenue [1]
Table B‐3 Table B‐4 Table B‐5 Table B‐6
2016 $ 0 $ 0 $ 0 $ 0 $ 0
2017 $ 0 $ 0 $ 0 $ 0 $ 0
2018 [2] N/A N/A N/A N/A $ 826,986
2019 [3] N/A N/A N/A N/A $ 1,888,567
2020 [4] N/A N/A N/A N/A $ 1,368,391
2021 [5] N/A N/A N/A N/A $ 4,829,607
2022 [6] N/A N/A N/A N/A $ 2,412,968
2023 [7] $ 5,914,768 $ 924,654 $ 1,714,059 $ 3,370,859 $ 11,924,339 2024 $ 1,737,125 $ 273,360 $ 1,299,368 $ 2,172,033 $ 5,481,886 2025 $ 2,137,102 $ 324,379 $ 1,459,618 $ 2,275,118 $ 6,196,217 2026 $ 2,011,305 $ 400,134 $ 1,451,422 $ 1,502,223 $ 5,365,085 2027 $ 1,525,344 $ 328,353 $ 1,545,733 $ 1,179,264 $ 4,578,694 2028 $ 1,467,708 $ 48,118 $ 1,524,633 $ 1,202,462 $ 4,242,921 2029 $ 1,497,545 $ 48,854 $ 1,651,631 $ 814,677 $ 4,012,708 2030 $ 1,566,448 $ 44,295 $ 1,933,809 $ 482,013 $ 4,026,565 2031 $ 1,597,777 $ 45,181 $ 1,816,144 $ 491,654 $ 3,950,755 2032 $ 1,629,476 $ 142,093 $ 1,095,718 $ 501,487 $ 3,368,773 2033 $ 1,252,109 $ 97,929 $ 1,262,442 $ 1,516,322 $ 4,128,801 2034 $ 1,275,550 $ 99,887 $ 1,287,918 $ 1,491,863 $ 4,155,218 2035 $ 734,092 $ 101,885 $ 1,249,266 $ 1,449,680 $ 3,534,924 2036 $ 515,285 $ 103,923 $ 1,173,957 $ 1,479,291 $ 3,272,456 2037 $ 525,591 $ 106,001 $ 844,287 $ 1,029,852 $ 2,505,732 2038 $ 536,103 $ 44,600 $ 662,756 $ 432,665 $ 1,676,124 2039 $ 546,825 $ 0 $ 675,091 $ 441,318 $ 1,663,235
2040 $ 2,165,626 $ 0 $ 391,540 $ 450,145 $ 3,007,311
2041 $ 1,727,689 $ 0 $ 426,315 $ 459,148 $ 2,613,151
2042 $ 1,762,243 $ 0 $ 434,841 $ 468,331 $ 2,665,414
2043 $ 1,797,487 $ 0 $ 453,496 $ 476,752 $ 2,727,735
2044 $ 1,833,437 $ 0 $ 393,622 $ 0 $ 2,227,060
2045 $ 1,870,106 $ 0 $ 401,495 $ 0 $ 2,271,601
2046 $ 1,907,508 $ 0 $ 409,525 $ 0 $ 2,317,033
2047 $ 1,945,658 $ 0 $ 388,646 $ 0 $ 2,334,304
2048 $ 1,984,571 $ 0 $ 362,437 $ 0 $ 2,347,009
2049 $ 2,024,263 $ 0 $ 369,686 $ 0 $ 2,393,949
Total $ 45,488,742 $ 3,133,646 $ 26,679,454 $ 23,687,158 $ 110,315,519 [1] Total projected fee revenue assumes a 2% escalation in the ENR Index. [2] Total revenues received January 2018 through December 2018. Amounts include interest for the program. [3] Total revenues received January 2019 through December 2019. Amounts include interest for the program. [4] Total revenues received January 2020 through December 2020. Amounts include interest for the program. [5] Total revenues received January 2021 through December 2021. Amounts include interest for the program. [6] Estimated revenues received January 2022 through November 2022. Amounts include interest for the program. [7] Estimated for 2023 based on update Impact Fee Rates as well any remaining collections not yet accounted for from 2022.
Revenue by Land Use
Prepared by LWA 1801000 Mossdale Tract Financing Model 2023 0110.xlsx ATTACHMENT 2
Table B‐3
Mossdale Tract: 2022 Adequate Progress Report
Updated Regional Development Fee Revenue Analysis
Development Impact Fee Revenue Estimate ‐ Single Family Year Lathrop Manteca Stockton
Unincorp
County Total
Base
Fee Revenue
Table B‐1
Initial Fee Rate/Acre $ 21,462
2016 0.0 0.0 0.0 0.0 0.0 $ 0
2017 0.0 0.0 0.0 0.0 0.0 $ 0
2018 0.0 0.0 0.0 0.0 0.0 $ 0
2019 0.0 0.0 0.0 0.0 0.0 $ 0
2020 0.0 0.0 0.0 0.0 0.0 $ 0
2021 61.4 47.7 6.7 0.0 115.8 $ 0
2022 89.5 36.3 6.7 0.0 132.6 $ 0
2023 113.4 126.4 20.2 15.7 275.6 $ 5,914,768
2024 0.0 52.4 11.3 15.7 79.4 $ 1,737,125
2025 3.3 76.8 0.0 15.7 95.7 $ 2,137,102
2026 3.3 69.4 0.0 15.7 88.3 $ 2,011,305
2027 3.3 46.7 0.0 15.7 65.7 $ 1,525,344
2028 3.3 43.0 0.0 15.7 61.9 $ 1,467,708
2029 3.3 43.0 0.0 15.7 62.0 $ 1,497,545
2030 3.3 44.6 0.0 15.7 63.5 $ 1,566,448
2031 3.3 44.6 0.0 15.7 63.5 $ 1,597,777
2032 3.3 44.6 0.0 15.7 63.5 $ 1,629,476
2033 3.3 44.6 0.0 0.0 47.9 $ 1,252,109
2034 3.2 44.6 0.0 0.0 47.8 $ 1,275,550
2035 0.0 27.0 0.0 0.0 27.0 $ 734,092
2036 0.0 18.6 0.0 0.0 18.6 $ 515,285
2037 0.0 18.6 0.0 0.0 18.6 $ 525,591
2038 0.0 18.6 0.0 0.0 18.6 $ 536,103
2039 0.0 18.6 0.0 0.0 18.6 $ 546,825
2040 56.4 15.7 0.0 0.0 72.1 $ 2,165,626
2041 56.4 0.0 0.0 0.0 56.4 $ 1,727,689
2042 56.4 0.0 0.0 0.0 56.4 $ 1,762,243
2043 56.4 0.0 0.0 0.0 56.4 $ 1,797,487
2044 56.4 0.0 0.0 0.0 56.4 $ 1,833,437
2045 56.4 0.0 0.0 0.0 56.4 $ 1,870,106
2046 56.4 0.0 0.0 0.0 56.4 $ 1,907,508
2047 56.4 0.0 0.0 0.0 56.4 $ 1,945,658
2048 56.4 0.0 0.0 0.0 56.4 $ 1,984,571
2049 56.4 0.0 0.0 0.0 56.4 $ 2,024,263
Total 860.6 881.4 44.9 156.8 1,943.7 $45,488,742
[1] Source: Updated Development Absorption Projections dated July 16, 2021 Table 2, SJAFCA Mossdale Tract Area, Development Absorption Projections Acres (ac) P:\1801000 SJAFCA Mossdale\DAP\[1801000 SJAFCA Mossdale DAP Modeling 2021 0716‐01.xlsx] Single Family Acres By Jurisdiction [1]
Prepared by LWA 1801000 Mossdale Tract Financing Model 2023 0110.xlsx ATTACHMENT 2
Table B‐4
Mossdale Tract: 2022 Adequate Progress Report
Updated Regional Development Fee Revenue Analysis
Development Impact Fee Revenue Estimate ‐ Multifamily
Year Lathrop Manteca Stockton
Unincorp
County Total Fee Revenue
Table B‐1
Initial Fee Rate/Acre $ 20,084
2016 0.0 0.0 0.0 0.0 0.0 $ 0
2017 0.0 0.0 0.0 0.0 0.0 $ 0
2018 0.0 0.0 0.0 0.0 0.0 $ 0
2019 0.0 0.0 0.0 0.0 0.0 $ 0
2020 0.0 0.0 0.0 0.0 0.0 $ 0
2021 1.6 0.0 7.5 0.0 9.1 $ 0
2022 8.5 2.6 7.5 0.0 18.5 $ 0
2023 16.5 13.5 16.0 0.0 46.0 $ 924,654
2024 5.4 7.9 0.0 0.0 13.3 $ 273,360
2025 5.4 10.1 0.0 0.0 15.5 $ 324,379
2026 5.4 5.8 7.5 0.0 18.8 $ 400,134
2027 5.4 2.2 7.5 0.0 15.1 $ 328,353
2028 0.0 2.2 0.0 0.0 2.2 $ 48,118
2029 0.0 2.2 0.0 0.0 2.2 $ 48,854
2030 1.9 0.0 0.0 0.0 1.9 $ 44,295
2031 1.9 0.0 0.0 0.0 1.9 $ 45,181
2032 1.9 0.0 4.0 0.0 5.9 $ 142,093
2033 0.0 0.0 4.0 0.0 4.0 $ 97,929
2034 0.0 0.0 4.0 0.0 4.0 $ 99,887
2035 0.0 0.0 4.0 0.0 4.0 $ 101,885
2036 0.0 0.0 4.0 0.0 4.0 $ 103,923
2037 0.0 0.0 4.0 0.0 4.0 $ 106,001
2038 0.0 0.0 1.7 0.0 1.7 $ 44,600
2039 0.0 0.0 0.0 0.0 0.0 $ 0
2040 0.0 0.0 0.0 0.0 0.0 $ 0
2041 0.0 0.0 0.0 0.0 0.0 $ 0
2042 0.0 0.0 0.0 0.0 0.0 $ 0
2043 0.0 0.0 0.0 0.0 0.0 $ 0
2044 0.0 0.0 0.0 0.0 0.0 $ 0
2045 0.0 0.0 0.0 0.0 0.0 $ 0
2046 0.0 0.0 0.0 0.0 0.0 $ 0
2047 0.0 0.0 0.0 0.0 0.0 $ 0
2048 0.0 0.0 0.0 0.0 0.0 $ 0
2049 0.0 0.0 0.0 0.0 0.0 $ 0
Total 54.1 46.5 71.7 0.0 172.2 $3,133,646
[1] Source: Updated Development Absorption Projections dated July 16, 2021 Table 2, SJAFCA Mossdale Tract Area, Development Absorption Projections Acres (ac) P:\1801000 SJAFCA Mossdale\DAP\[1801000 SJAFCA Mossdale DAP Modeling 2021 0716‐01.xlsx] Multifamily Acres By Jurisdiction [1]
Prepared by LWA 1801000 Mossdale Tract Financing Model 2023 0110.xlsx ATTACHMENT 2
Table B‐5
Mossdale Tract: 2022 Adequate Progress Report
Updated Regional Development Fee Revenue Analysis
Development Impact Fee Revenue Estimate ‐ Commercial
Year Lathrop Manteca Stockton
Unincorp
County Total Fee Revenue
Table B‐1
Initial Fee Rate/Acre $ 20,307
2016 0.0 0.0 0.0 0.0 0.0 $ 0
2017 0.0 0.0 0.0 0.0 0.0 $ 0
2018 0.0 0.0 0.0 0.0 0.0 $ 0
2019 0.0 0.0 0.0 0.0 0.0 $ 0
2020 0.0 0.0 0.0 0.0 0.0 $ 0
2021 8.1 0.0 0.0 0.0 8.1 $ 0
2022 40.1 12.7 44.6 1.9 99.3 $ 0
2023 40.1 16.5 24.0 3.8 84.4 $ 1,714,059
2024 40.1 16.5 2.3 3.8 62.7 $ 1,299,368
2025 40.1 20.3 2.3 6.3 69.1 $ 1,459,618
2026 38.4 20.3 2.3 6.3 67.4 $ 1,451,422
2027 38.4 21.4 2.3 8.3 70.3 $ 1,545,733
2028 38.4 19.1 2.3 8.3 68.0 $ 1,524,633
2029 38.4 23.3 2.3 8.3 72.2 $ 1,651,631
2030 49.1 23.3 2.3 8.3 82.9 $ 1,933,809
2031 42.5 23.3 2.3 8.3 76.3 $ 1,816,144
2032 12.4 22.2 2.3 8.3 45.2 $ 1,095,718
2033 12.4 22.2 2.3 14.1 51.0 $ 1,262,442
2034 12.4 22.2 2.3 14.1 51.0 $ 1,287,918
2035 12.4 22.2 2.3 11.6 48.5 $ 1,249,266
2036 12.4 18.4 2.3 11.6 44.7 $ 1,173,957
2037 12.4 5.2 2.3 11.6 31.5 $ 844,287
2038 12.4 3.8 2.3 5.7 24.3 $ 662,756
2039 12.4 3.8 2.3 5.7 24.2 $ 675,091
2040 0.0 3.8 2.3 7.6 13.8 $ 391,540
2041 0.9 3.8 2.3 7.6 14.7 $ 426,315
2042 0.9 3.8 2.3 7.6 14.7 $ 434,841
2043 0.9 3.8 2.3 8.0 15.0 $ 453,496
2044 0.9 3.8 2.3 5.7 12.8 $ 393,622
2045 0.9 3.8 2.3 5.7 12.8 $ 401,495
2046 0.9 3.8 2.3 5.7 12.8 $ 409,525
2047 0.9 3.8 2.3 4.8 11.9 $ 388,646
2048 0.9 3.8 2.3 3.8 10.9 $ 362,437
2049 0.9 3.8 2.3 3.8 10.9 $ 369,686
Total 521.3 354.9 128.4 206.7 1,211.3 $26,679,454
[1] Source: Updated Development Absorption Projections dated July 16, 2021 Table 2, SJAFCA Mossdale Tract Area, Development Absorption Projections Acres (ac) P:\1801000 SJAFCA Mossdale\DAP\[1801000 SJAFCA Mossdale DAP Modeling 2021 0716‐01.xlsx] Commercial Acres By Jurisdiction [1]
Prepared by LWA 1801000 Mossdale Tract Financing Model 2023 0110.xlsx ATTACHMENT 2
Table B‐6
Mossdale Tract: 2022 Adequate Progress Report
Updated Regional Development Fee Revenue Analysis
Development Impact Fee Revenue Estimate ‐ Industrial
Year Lathrop Manteca Stockton
Unincorp
County Total Fee Revenue
Table B‐1
Initial Fee Rate/Acre $ 15,907
2016 0.0 0.0 0.0 0.0 0.0 $ 0
2017 0.0 0.0 0.0 0.0 0.0 $ 0
2018 0.0 0.0 0.0 0.0 0.0 $ 0
2019 0.0 0.0 0.0 0.0 0.0 $ 0
2020 19.1 0.0 0.0 0.0 19.1 $ 0
2021 90.8 68.0 0.0 0.0 158.8 $ 0
2022 64.3 64.2 0.0 0.0 128.5 $ 0
2023 96.4 115.5 0.0 0.0 211.9 $ 3,370,859
2024 64.3 69.6 0.0 0.0 133.9 $ 2,172,033
2025 64.3 73.2 0.0 0.0 137.5 $ 2,275,118
2026 64.3 24.7 0.0 0.0 89.0 $ 1,502,223
2027 64.9 3.6 0.0 0.0 68.5 $ 1,179,264
2028 64.9 3.6 0.0 0.0 68.5 $ 1,202,462
2029 41.9 3.6 0.0 0.0 45.5 $ 814,677
2030 22.8 3.6 0.0 0.0 26.4 $ 482,013
2031 22.8 3.6 0.0 0.0 26.4 $ 491,654
2032 22.8 3.6 0.0 0.0 26.4 $ 501,487
2033 22.8 3.6 23.0 28.9 78.2 $ 1,516,322
2034 22.8 3.6 20.2 28.9 75.4 $ 1,491,863
2035 22.8 0.0 20.2 28.9 71.9 $ 1,449,680
2036 22.8 0.0 20.2 28.9 71.9 $ 1,479,291
2037 0.0 0.0 20.2 28.9 49.1 $ 1,029,852
2038 0.0 0.0 20.2 0.0 20.2 $ 432,665
2039 0.0 0.0 20.2 0.0 20.2 $ 441,318
2040 0.0 0.0 20.2 0.0 20.2 $ 450,145
2041 0.0 0.0 20.2 0.0 20.2 $ 459,148
2042 0.0 0.0 20.2 0.0 20.2 $ 468,331
2043 0.0 0.0 20.2 0.0 20.2 $ 476,752
2044 0.0 0.0 0.0 0.0 0.0 $ 0
2045 0.0 0.0 0.0 0.0 0.0 $ 0
2046 0.0 0.0 0.0 0.0 0.0 $ 0
2047 0.0 0.0 0.0 0.0 0.0 $ 0
2048 0.0 0.0 0.0 0.0 0.0 $ 0
2049 0.0 0.0 0.0 0.0 0.0 $ 0
Total 794.7 443.9 225.0 144.3 1,607.9 $23,687,158
[1] Source: Updated Development Absorption Projections dated July 16, 2021 Table 2, SJAFCA Mossdale Tract Area, Development Absorption Projections Acres (ac) P:\1801000 SJAFCA Mossdale\DAP\[1801000 SJAFCA Mossdale DAP Modeling 2021 0716‐01.xlsx] Industrial Acres By Jurisdiction
Prepared by LWA 1801000 Mossdale Tract Financing Model 2023 0110.xlsx ATTACHMENT 2
Table B7
Mossdale Tract: 2022 Adequate Progress Report
Creditable Pre‐Project Expenditures
Pre‐Project Expenditure ‐ Contractor (Amendment/Task Order) Cost Funding Source Amount Peterson Brustad ‐ Agreement No. 1 $123,244 Manteca $61,622 Funding 11/2014 Staff Report River Islands $15,500
Saybrook CLSP $13,020
Richland $14,415
Lathrop Gateway/Lazares $3,720
Saybrook CLSP $14,967
$123,244 $123,244
Peterson Brustad ‐ Agreement No. 2 $7,500 Lathrop $7,500 $7,500 $7,500
Peterson Brustad ‐ Agreement No. 3 $17,499 Lathrop $17,499 $17,499 $17,499
Peterson Brustad ‐ Agreement No. 4 $50,000 Saybrook CLSP $25,000 Lathrop $25,000
$50,000 $50,000
Peterson Brustad ‐ Agreement No. 5 $2,589,197 Manteca $863,066 Lathrop $750,000
Saybrook CLSP $500,000
Others $476,131
$2,589,197 $2,589,197
Larsen Wurzel & Associates, Inc. ‐ Agreement No. 1 (A) $63,540 Lathrop $42,360 Financial Planning / Grant Application Mantenca $21,180 $63,540 $63,540
Larsen Wurzel & Associates, Inc. ‐ Agreement No. 1 (B) $80,010 Lathrop $53,340 Financial Plan for ULOP Mantenca $26,670
$80,010 $80,010
Larsen Wurzel & Associates, Inc. ‐ Agreement No. 3
Financial Plan Implementation & Analysis
Task Order No. 1 $172,018 Lathrop $114,679
Manteca $57,339
Task Order No. 2 $126,300 RD 17 $126,300
$298,318 $298,318
SJAFCA Seed Funding Agreement Loans & Interest in Funds $313,351 Lathrop $115,000 Manteca $65,000
Stockton $65,000
SJ County $65,000
Interest (Use of Money) $3,351
$313,351 $313,351
Total Cost / Sources $3,542,659 Lathrop $1,126,621
Lathrop Gateway/Lazares $3,720
Manteca $1,095,580
Stockton $65,703
SJ County $65,703
Others $476,131
Richland $14,415
River Islands $15,500
Saybrook CLSP $552,987
RD 17 $126,300
$3,542,659 $3,542,659
Source: City of Lathrop, LWA
Prepared by LWA 1801000 Mossdale Tract Financing Model 2023 0110.xlsx ATTACHMENT 2
San Joaquin Area Flood Control Agency
2022 Annual Adequate Progress Report Update
January 24, 2023
1801014 Adequate Progress Report Appendix Covers 2023 0118.docx APPENDIX C:
RD 17 LSRP PROJECT SUPPORTING TABLES
Table C1 Remaining Expenditure Schedule for Phase 3 LSRP ................................................ C-1 Table C2 EIP Funding Agreement Credit................................................................................. C-2 Table C3 State Payments Received to Date & State Share Remaining................................... C-3 Table C4 Expenses Reported to DWR..................................................................................... C-4 Table C5 Historic RD 17 Financial Statements........................................................................ C-6 ATTACHMENT 2
Table C1
Mossdale Tract: 2022 Adequate Progress ReportEstimated Remaining Expenditure Schedule for LSRP (All Phases) Month & Year Mar 2023 Apr 2023 May 2023 Jun 2023 Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 TOTAL Remaining Costs ‐ 663,750 663,750 663,750 663,750 663,750 663,750 663,750 663,750 ‐ 5,310,000 Total Expenses ‐ 663,750 663,750 663,750 663,750 663,750 663,750 663,750 663,750 ‐ 5,310,000 Prepared by LWA Page 1 of 1 1801000 Mossdale Tract Financing Model 2023 0110.xlsx ATTACHMENT 2
Table C2
Mossdale Tract: 2022 Adequate Progress ReportEIP Funding Agreement CreditLSRP ‐ Phase I 2,630,649 1,578,389LSRP ‐ Phase II 3,756,668 2,254,001LSRP ‐ Phase III 625,090 375,054Total $7,012,406 $4,207,444 Source: KSN
Levee Seepage Repair Project Phase Eligible Project Credit State Share Prepared by LWA 1801000 Mossdale Tract Financing Model 2023 0110.xlsx ATTACHMENT 2
Table C3
Mossdale Tract: 2022 Adequate Progress ReportState Payments Received to Date & State Share Remaining Received Date Total State Share Credit Applied
4/15/2010 2,182,950 1,389,150 793,800
6/8/2010 886,525 602,717 283,808
12/19/2011 2,828,433 2,355,408 473,025
5/30/2012 452,032 420,838 31,194
11/13/2013 1,617,235 1,041,086 576,149
Through Q40 7,618,404 5,981,017 1,637,387
Subtotal 15,585,578 11,790,215 3,795,363
Remaining 28,207,517 27,795,436 412,081
Total 43,793,095 39,585,652 4,207,444
Source: KSN
Prepared by LWA 1801000 Mossdale Tract Financing Model 2023 0110.xlsx ATTACHMENT 2
Table C4
Mossdale Tract: 2022 Adequate Progress Report
Total Actual and Estimated Expenses Reported to DWR
Project Quarter Year
Quarter 1 2010 Q1 $0 $866,617 $223,200
Quarter 2 2010 Q2 $0 $1,973,380 $558,289
Quarter 3 2010 Q3 $2,019 $944,450 $330,377
Quarter 4 2010 Q4 $2,717 $320,758 $474,112
Quarter 5 2011 Q1 $1,756 $58,861 $563,240
Quarter 6 2011 Q2 $0 $327,945 $177,526
Quarter 7 2011 Q3 $1,413 $79,657 $169,326
Quarter 8 2011 Q4 $2,247 $27,994 $178,793
Quarter 9 2012 Q1 $0 $119,734 $209,277
Quarter 10 2012 Q2 $1,311 $379,956 $150,024
Quarter 11 2012 Q3 $1,444 $552,568 $121,165
Quarter 12 2012 Q4 $502 $383,096 $139,318
Quarter 13 2013 Q1 $0 $83,459 $177,599
Quarter 14 2013 Q2 $638 $107,557 $120,283
Quarter 15 2013 Q3 $509 $7,251 $150,287
Quarter 16 2013 Q4 $0 $4,524 $160,103
Quarter 17 2014 Q1 $0 $369 $174,827
Quarter 18 2014 Q2 $0 $6,935 $272,888
Quarter 19 2014 Q3 $0 $9,000 $145,107
Quarter 20 2014 Q4 $999 $7,444 $289,306
Quarter 21 2015 Q1 $7,930 $7,717 $213,506
Quarter 22 2015 Q2 $7,140 $18,637 $173,810
Quarter 23 2015 Q3 $540 $7,305 $224,115
Quarter 24 2015 Q4 $0 $0 $1,114,855
Quarter 25 2016 Q1 $3,720 $8,378 $472,267
Quarter 26 2016 Q2 $228 $25,387 $205,565
Quarter 27 2016 Q3 $0 $20,015 $225,024
Quarter 28 2016 Q4 $0 $69,326 $347,394
Quarter 29 2017 Q1 $0 $9,934 $3,184,943
Quarter 30 2017 Q2 $0 $6,489 $2,621,495
Quarter 31 2017 Q3 $0 $0 $862,141
Quarter 32 2017 Q4 $0 $0 $990,150
Quarter 33 2018 Q1 $0 $0 $257,589
Quarter 34 2018 Q2 $0 $0 $267,170
Quarter 35 2018 Q3 $0 $58,041 $244,441
Quarter 36 2018 Q4 $0 $10,068 $250,358
Quarter 37 2019 Q1 $0 $0 $109,934
Quarter 38 2019 Q2 $0 $0 $408,863
Quarter 39 2019 Q3 $0 $0 $307,982
Quarter 40 2019 Q4 $0 $0 $945,541
Quarter 41 2020 Q1 $0 $12,015 $2,479,798
Quarter 42 2020 Q2 $0 $7,990 $2,174,239
LSRP ‐ Phase I
Expenses
LSRP ‐ Phase III
Expenses
LSRP ‐ Phase II
Expenses
Fiscal
Quarter
Prepared by LWA Page 1 of 2 1801000 Mossdale Tract Financing Model 2023 0110.xlsx ATTACHMENT 2
Table C4
Mossdale Tract: 2022 Adequate Progress Report
Total Actual and Estimated Expenses Reported to DWR
Project Quarter Year
LSRP ‐ Phase I
Expenses
LSRP ‐ Phase III
Expenses
LSRP ‐ Phase II
Expenses
Fiscal
Quarter
Quarter 43 2020 Q3 $0 $6,375 $534,295
Quarter 44 2020 Q4 $0 $0 $204,616
Quarter 45 2021 Q1 $0 $10,076 $496,529
Est. Quarter 46 2021 Q2 $0 $6,000 $242,700
Est. Quarter 47 2021 Q3 $0 $6,000 $643,700
Est. Quarter 48 2021 Q4 $0 $6,000 $218,240
Est. Quarter 49 2022 Q1 $0 $6,000 $218,240
Balance through December 2022 $0 $2,631,382 $26,011,738 Total 35,112 $ $ 9,194,690 $ 51,436,284 Source: KSN, LWA
Prepared by LWA Page 2 of 2 1801000 Mossdale Tract Financing Model 2023 0110.xlsx ATTACHMENT 2
Table C5
Mossdale Tract: 2022 Adequate Progress ReportHistoric RD 17 Financial DataFiscal YearFiscal Quarter Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Revenues
State Assistance 1,534,738 1,534,738 ‐ ‐ ‐ ‐ ‐ ‐ 1,640,233 1,640,233 ‐ ‐ Assessments 1,542,907 1,542,907 ‐ ‐ 1,573,048 1,573,048 ‐ ‐ 1,495,598 1,495,598 ‐ ‐ Property taxes 80,197 80,197 ‐ ‐ 121,729 121,729 ‐ ‐ 102,670 102,670 ‐ ‐ Interest 44,107 44,107 ‐ ‐ 32,566 32,566 ‐ ‐ 9,557 9,557 ‐ ‐ Other revenue 100,550 100,550 ‐ ‐ 100,295 100,295 ‐ ‐ 562 562 ‐ ‐ Penalties and interest on late assessments ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Total Revenues 3,302,498 3,302,498 ‐ ‐ 1,827,637 1,827,637 ‐ ‐ 3,248,619 3,248,619 ‐ ‐ Expenditures
Levee repairs and maintenance 182,568 182,568 ‐ ‐ 90,630 90,630 ‐ ‐ 78,201 78,201 ‐ ‐ Engineering 44,731 44,731 ‐ ‐ 63,021 63,021 ‐ ‐ 40,144 40,144 ‐ ‐ Legal and accounting 78,800 78,800 ‐ ‐ 82,354 82,354 ‐ ‐ 66,601 66,601 ‐ ‐ Vegetation control 42,823 42,823 ‐ ‐ 34,175 34,175 ‐ ‐ 34,825 34,825 ‐ ‐ Payroll expenses 4,812 4,812 ‐ ‐ 8,482 8,482 ‐ ‐ 6,623 6,623 ‐ ‐ Rodent control 3,250 3,250 ‐ ‐ 255 255 ‐ ‐ 12,962 12,962 ‐ ‐ County charges 14,980 14,980 ‐ ‐ 15,096 15,096 ‐ ‐ 25,768 25,768 ‐ ‐ Insurance 7,162 7,162 ‐ ‐ 6,293 6,293 ‐ ‐ 5,536 5,536 ‐ ‐ Property Taxes ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Eqipment Rental ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Office expense/supplies 132 132 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Miscellaneous 11,828 11,828 ‐ ‐ 1,287 1,287 ‐ ‐ 375 375 ‐ ‐ Trustee fees 438 438 ‐ ‐ 388 388 ‐ ‐ 438 438 ‐ ‐ Automobile expense 1,800 1,800 ‐ ‐ 1,908 1,908 ‐ ‐ 1,800 1,800 ‐ ‐ Dues and subscriptions 500 500 ‐ ‐ 500 500 ‐ ‐ 553 553 ‐ ‐ Permits 435 435 ‐ ‐ 435 435 ‐ ‐ ‐ ‐ ‐ ‐ Publication cost 61 ‐ 61 ‐ 138 138 ‐ ‐ 238 238 ‐ ‐ Bank fees ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Special projects 34,398 34,398 ‐ ‐ 29,043 29,043 ‐ ‐ 31,721 31,721 ‐ ‐ Bond Issuance Cost ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Reimbursements 150,000 150,000 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Equipment rental 1,412 1,412 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Capital outlay 3,892,403 ‐ 3,892,403 ‐ 2,552,743 ‐ 2,552,743 ‐ 499,463 ‐ 499,463 ‐ Debt service
Principal 453,309 453,309 ‐ ‐ 107,500 107,500 ‐ ‐ 112,500 112,500 ‐ ‐ Interest 376,391 376,391 ‐ ‐ 522,227 522,227 ‐ ‐ 518,335 518,335 ‐ ‐ Total Expenditures 5,302,227 5,302,227 ‐ ‐ 3,516,471 3,516,471 ‐ ‐ 1,436,079 1,436,079 ‐ ‐ Source: RD 17 Audited Financial Statements through Fiscal Year Ending June 30, 2020. Future Years are based on projections using prior year data as assumed by LWA. 2010 2011 2012
Prepared by LWA Page 1 of 7 1801000 Mossdale Tract Financing Model 2023 0110.xlsx ATTACHMENT 2
Table C5
Mossdale Tract: 2022 Adequate Progress ReportHistoric RD 17 Financial DataFiscal YearFiscal QuarterRevenues State AssistanceAssessmentsProperty taxesInterestOther revenuePenalties and interest on late assessments Total RevenuesExpenditures
Levee repairs and maintenance
EngineeringLegal and accountingVegetation controlPayroll expensesRodent controlCounty chargesInsuranceProperty Taxes Eqipment RentalOffice expense/suppliesMiscellaneousTrustee feesAutomobile expenseDues and subscriptions PermitsPublication cost
Bank feesSpecial projectsBond Issuance CostReimbursementsEquipment rentalCapital outlay Debt service
PrincipalInterest
Total Expenditures
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
‐ ‐ ‐ ‐ 808,618 808,618 ‐ ‐ ‐ ‐ ‐ ‐ 1,450,901 1,450,901 ‐ ‐ 1,444,959 1,444,959 ‐ ‐ 1,415,812 1,415,812 ‐ ‐ 107,189 107,189 ‐ ‐ 106,405 106,405 ‐ ‐ 120,689 120,689 ‐ ‐ 13,447 13,447 ‐ ‐ 14,364 14,364 ‐ ‐ 17,264 17,264 ‐ ‐ 103,835 103,835 ‐ ‐ 6,625 6,625 ‐ ‐ 514 514 ‐ ‐ ‐ ‐ ‐ ‐ 3,434 3,434 ‐ ‐ ‐ ‐ ‐ ‐ 1,675,371 1,675,371 ‐ ‐ 2,384,404 2,384,404 ‐ ‐ 1,554,278 1,554,278 ‐ ‐ 43,227 43,227 ‐ ‐ 132,018 132,018 ‐ ‐ 116,170 116,170 ‐ ‐ 31,757 31,757 ‐ ‐ 152,597 152,597 ‐ ‐ 99,124 99,124 ‐ ‐ 65,667 65,667 ‐ ‐ 104,832 104,832 ‐ ‐ 137,060 137,060 ‐ ‐ 41,225 41,225 ‐ ‐ 47,425 47,425 ‐ ‐ 41,575 41,575 ‐ ‐ 8,371 8,371 ‐ ‐ 6,831 6,831 ‐ ‐ 5,409 5,409 ‐ ‐ 3,017 3,017 ‐ ‐ 3,090 3,090 ‐ ‐ 5,785 5,785 ‐ ‐ 14,984 14,984 ‐ ‐ 15,019 15,019 ‐ ‐ 15,108 15,108 ‐ ‐ 8,121 8,121 ‐ ‐ 7,722 7,722 ‐ ‐ 7,828 7,828 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 372 372 ‐ ‐ 1,016 1,016 ‐ ‐ 2,333 2,333 ‐ ‐ 1,038 1,038 ‐ ‐ 300 300 ‐ ‐ 375 375 ‐ ‐ 1,172 1,172 ‐ ‐ 723 723 ‐ ‐ 723 723 ‐ ‐ 500 500 ‐ ‐ 500 500 ‐ ‐ 500 500 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 3,535 3,535 ‐ ‐ 45 ‐ 45 ‐ ‐ ‐ ‐ ‐ 91 ‐ 91 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 2,100 2,100 ‐ ‐ 31,721 31,721 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 49,863 49,863 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 1,171,156 1,171,156 ‐ ‐ 344,282 344,282 ‐ ‐ 279,875 279,875 ‐ ‐ 117,500 117,500 ‐ ‐ 120,000 120,000 ‐ ‐ 125,000 125,000 ‐ ‐ 513,838 513,838 ‐ ‐ 508,897 508,897 ‐ ‐ 471,060 471,060 ‐ ‐ 2,053,706 2,053,706 ‐ ‐ 1,495,112 1,495,112 ‐ ‐ 1,313,647 1,313,647 ‐ ‐ Source: RD 17 Audited Financial Statements through Fiscal Year Ending June 30, 2020. Future Years are based on projections using prior year data as assumed by LWA. 2013 2014 2015
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Table C5
Mossdale Tract: 2022 Adequate Progress ReportHistoric RD 17 Financial DataFiscal YearFiscal QuarterRevenues State AssistanceAssessmentsProperty taxesInterestOther revenuePenalties and interest on late assessments Total RevenuesExpenditures
Levee repairs and maintenance
EngineeringLegal and accountingVegetation controlPayroll expensesRodent controlCounty chargesInsuranceProperty Taxes Eqipment RentalOffice expense/suppliesMiscellaneousTrustee feesAutomobile expenseDues and subscriptions PermitsPublication cost
Bank feesSpecial projectsBond Issuance CostReimbursementsEquipment rentalCapital outlay Debt service
PrincipalInterest
Total Expenditures
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
‐ ‐ ‐ ‐ 4,611 4,611 ‐ ‐ 1,732 1,732 ‐ ‐ 1,403,761 1,403,761 ‐ ‐ 1,403,873 1,403,873 ‐ ‐ 1,605,323 1,605,323 ‐ ‐ 132,475 132,475 ‐ ‐ 145,166 145,166 ‐ ‐ 153,355 153,355 ‐ ‐ 31,917 31,917 ‐ ‐ 58,882 58,882 ‐ ‐ 80,465 80,465 ‐ ‐ 1,056 1,056 ‐ ‐ 3,247 3,247 ‐ ‐ 859 859 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 1,569,208 1,569,208 ‐ ‐ 1,615,778 1,615,778 ‐ ‐ 1,841,733 1,841,733 ‐ ‐ 700,807 700,807 ‐ ‐ 558,933 558,933 ‐ ‐ 763,538 763,538 ‐ ‐ 165,311 165,311 ‐ ‐ 190,658 190,658 ‐ ‐ 130,929 130,929 ‐ ‐ 168,652 168,652 ‐ ‐ 172,608 172,608 ‐ ‐ 164,975 164,975 ‐ ‐ 43,925 43,925 ‐ ‐ 113,618 113,618 ‐ ‐ 132,723 132,723 ‐ ‐ 5,160 5,160 ‐ ‐ 4,947 4,947 ‐ ‐ 3,601 3,601 ‐ ‐ 2,649 2,649 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 15,270 15,270 ‐ ‐ 15,272 15,272 ‐ ‐ 15,720 15,720 ‐ ‐ 8,080 8,080 ‐ ‐ 8,266 8,266 ‐ ‐ 8,780 8,780 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 350 350 ‐ ‐ ‐ ‐ ‐ ‐ 77 ‐ 77 ‐ 4,118 4,118 ‐ ‐ 7,109 7,109 ‐ ‐ 4,175 4,175 ‐ ‐ 400 400 ‐ ‐ 400 400 ‐ ‐ 388 388 ‐ ‐ 723 723 ‐ ‐ 723 723 ‐ ‐ 723 723 ‐ ‐ 500 500 ‐ ‐ 500 500 ‐ ‐ 500 500 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 53 ‐ 53 ‐ 53 ‐ 53 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 319,861 319,861 ‐ ‐ ‐ ‐ ‐ ‐ 658 658 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 1,560 1,560 ‐ ‐ ‐ ‐ ‐ ‐ 331,619 331,619 ‐ ‐ 2,766,672 2,766,672 ‐ ‐ 722,604 722,604 ‐ ‐ 163,352 163,352 ‐ ‐ 166,758 166,758 ‐ ‐ 372,175 372,175 ‐ ‐ 455,886 455,886 ‐ ‐ 331,513 331,513 ‐ ‐ 465,898 465,898 ‐ ‐ 2,067,456 2,067,456 ‐ ‐ 4,659,448 4,659,448 ‐ ‐ 2,786,857 2,786,857 ‐ ‐ Source: RD 17 Audited Financial Statements through Fiscal Year Ending June 30, 2020. Future Years are based on projections using prior year data as assumed by LWA. 2016 2017 2018
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Table C5
Mossdale Tract: 2022 Adequate Progress ReportHistoric RD 17 Financial DataFiscal YearFiscal QuarterRevenues State AssistanceAssessmentsProperty taxesInterestOther revenuePenalties and interest on late assessments Total RevenuesExpenditures
Levee repairs and maintenance
EngineeringLegal and accountingVegetation controlPayroll expensesRodent controlCounty chargesInsuranceProperty Taxes Eqipment RentalOffice expense/suppliesMiscellaneousTrustee feesAutomobile expenseDues and subscriptions PermitsPublication cost
Bank feesSpecial projectsBond Issuance CostReimbursementsEquipment rentalCapital outlay Debt service
PrincipalInterest
Total Expenditures
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
‐ ‐ ‐ ‐ 3,857,939 3,857,939 ‐ ‐ ‐ ‐ ‐ ‐ 1,478,039 1,478,039 ‐ ‐ 1,499,109 1,499,109 ‐ ‐ 1,529,091 1,529,091 ‐ ‐ 166,810 166,810 ‐ ‐ 178,440 178,440 ‐ ‐ 183,793 183,793 ‐ ‐ 98,014 98,014 ‐ ‐ 88,173 88,173 ‐ ‐ 90,818 90,818 ‐ ‐ ‐ ‐ ‐ ‐ 20,238 20,238 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 1,742,862 1,742,862 ‐ ‐ 5,643,897 5,643,897 ‐ ‐ 1,803,701 1,803,701 ‐ ‐ 264,169 264,169 ‐ ‐ 247,507 247,507 ‐ ‐ 288,888 288,888 ‐ ‐ 82,101 82,101 ‐ ‐ 93,890 93,890 ‐ ‐ 96,706 96,706 ‐ ‐ 97,835 97,835 ‐ ‐ 83,153 83,153 ‐ ‐ 85,648 85,648 ‐ ‐ 48,225 48,225 ‐ ‐ 52,475 52,475 ‐ ‐ 54,049 54,049 ‐ ‐ 10,850 10,850 ‐ ‐ 33,086 33,086 ‐ ‐ 34,079 34,079 ‐ ‐ 13,815 13,815 ‐ ‐ 30,418 30,418 ‐ ‐ 31,331 31,331 ‐ ‐ 16,055 16,055 ‐ ‐ 15,797 15,797 ‐ ‐ 16,271 16,271 ‐ ‐ 9,000 9,000 ‐ ‐ 11,439 11,439 ‐ ‐ 11,782 11,782 ‐ ‐ ‐ ‐ ‐ ‐ 7,134 7,134 ‐ ‐ 7,348 7,348 ‐ ‐ ‐ ‐ ‐ ‐ 3,763 3,763 ‐ ‐ 3,875 3,875 ‐ ‐ ‐ ‐ ‐ ‐ 2,541 2,541 ‐ ‐ 2,617 2,617 ‐ ‐ 4,325 4,325 ‐ ‐ 1,897 1,897 ‐ ‐ 1,953 1,953 ‐ ‐ 513 513 ‐ ‐ 850 850 ‐ ‐ 876 876 ‐ ‐ 739 739 ‐ ‐ 754 754 ‐ ‐ 777 777 ‐ ‐ 500 500 ‐ ‐ 500 500 ‐ ‐ 515 515 ‐ ‐ ‐ ‐ ‐ ‐ 347 347 ‐ ‐ 357 357 ‐ ‐ ‐ ‐ ‐ ‐ 228 228 ‐ ‐ 234 234 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 407,809 407,809 ‐ ‐ 3,116,273 3,116,273 ‐ ‐ 3,209,761 3,209,761 ‐ ‐ ‐ ‐ ‐ ‐ ‐ 249,504 249,504 ‐ ‐ 258,813 258,813 ‐ ‐ 266,577 266,577 ‐ ‐ 457,432 457,432 ‐ ‐ 449,662 449,662 ‐ ‐ 463,152 463,152 ‐ ‐ 1,662,867 1,662,867 ‐ ‐ 4,410,524 4,410,524 ‐ ‐ 4,576,795 4,576,795 ‐ ‐ Source: RD 17 Audited Financial Statements through Fiscal Year Ending June 30, 2020. Future Years are based on projections using prior year data as assumed by LWA. 2019 2020 2021
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Table C5
Mossdale Tract: 2022 Adequate Progress ReportHistoric RD 17 Financial DataFiscal YearFiscal QuarterRevenues State AssistanceAssessmentsProperty taxesInterestOther revenuePenalties and interest on late assessments Total RevenuesExpenditures
Levee repairs and maintenance
EngineeringLegal and accountingVegetation controlPayroll expensesRodent controlCounty chargesInsuranceProperty Taxes Eqipment RentalOffice expense/suppliesMiscellaneousTrustee feesAutomobile expenseDues and subscriptions PermitsPublication cost
Bank feesSpecial projectsBond Issuance CostReimbursementsEquipment rentalCapital outlay Debt service
PrincipalInterest
Total Expenditures
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 1,559,672 1,559,672 ‐ ‐ 1,590,866 1,590,866 ‐ ‐ 1,622,683 1,622,683 ‐ ‐ 189,306 189,306 ‐ ‐ 194,986 194,986 ‐ ‐ 200,835 200,835 ‐ ‐ 93,542 93,542 ‐ ‐ 96,348 96,348 ‐ ‐ 99,239 99,239 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 1,842,521 1,842,521 ‐ ‐ 1,882,200 1,882,200 ‐ ‐ 1,922,757 1,922,757 ‐ ‐ 297,554 297,554 ‐ ‐ 306,481 306,481 ‐ ‐ 315,675 315,675 ‐ ‐ 99,607 99,607 ‐ ‐ 102,596 102,596 ‐ ‐ 105,673 105,673 ‐ ‐ 88,217 88,217 ‐ ‐ 90,864 90,864 ‐ ‐ 93,589 93,589 ‐ ‐ 55,671 55,671 ‐ ‐ 57,341 57,341 ‐ ‐ 59,061 59,061 ‐ ‐ 35,101 35,101 ‐ ‐ 36,154 36,154 ‐ ‐ 37,239 37,239 ‐ ‐ 32,270 32,270 ‐ ‐ 33,239 33,239 ‐ ‐ 34,236 34,236 ‐ ‐ 16,759 16,759 ‐ ‐ 17,262 17,262 ‐ ‐ 17,780 17,780 ‐ ‐ 12,136 12,136 ‐ ‐ 12,500 12,500 ‐ ‐ 12,875 12,875 ‐ ‐ 7,568 7,568 ‐ ‐ 7,796 7,796 ‐ ‐ 8,029 8,029 ‐ ‐ 3,992 3,992 ‐ ‐ 4,111 4,111 ‐ ‐ 4,235 4,235 ‐ ‐ 2,695 2,695 ‐ ‐ 2,776 2,776 ‐ ‐ 2,859 2,859 ‐ ‐ 2,012 2,012 ‐ ‐ 2,072 2,072 ‐ ‐ 2,135 2,135 ‐ ‐ 902 902 ‐ ‐ 929 929 ‐ ‐ 957 957 ‐ ‐ 800 800 ‐ ‐ 824 824 ‐ ‐ 849 849 ‐ ‐ 530 530 ‐ ‐ 546 546 ‐ ‐ 563 563 ‐ ‐ 368 368 ‐ ‐ 379 379 ‐ ‐ 391 391 ‐ ‐ 241 241 ‐ ‐ 249 249 ‐ ‐ 256 256 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 3,306,053 3,306,053 ‐ ‐ 3,405,235 3,405,235 ‐ ‐ 3,507,392 3,507,392 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 274,575 274,575 ‐ ‐ 282,812 282,812 ‐ ‐ 291,296 291,296 ‐ ‐ 477,046 477,046 ‐ ‐ 491,358 491,358 ‐ ‐ 506,099 506,099 ‐ ‐ 4,714,099 4,714,099 ‐ ‐ 4,855,522 4,855,522 ‐ ‐ 5,001,188 5,001,188 ‐ ‐ Source: RD 17 Audited Financial Statements through Fiscal Year Ending June 30, 2020. Future Years are based on projections using prior year data as assumed by LWA. 2022 2023 2024
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Table C5
Mossdale Tract: 2022 Adequate Progress ReportHistoric RD 17 Financial DataFiscal YearFiscal QuarterRevenues State AssistanceAssessmentsProperty taxesInterestOther revenuePenalties and interest on late assessments Total RevenuesExpenditures
Levee repairs and maintenance
EngineeringLegal and accountingVegetation controlPayroll expensesRodent controlCounty chargesInsuranceProperty Taxes Eqipment RentalOffice expense/suppliesMiscellaneousTrustee feesAutomobile expenseDues and subscriptions PermitsPublication cost
Bank feesSpecial projectsBond Issuance CostReimbursementsEquipment rentalCapital outlay Debt service
PrincipalInterest
Total Expenditures
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 1,655,137 1,655,137 ‐ ‐ 1,688,240 1,688,240 ‐ ‐ 1,722,004 1,722,004 ‐ ‐ 206,860 206,860 ‐ ‐ 213,066 213,066 ‐ ‐ 219,458 219,458 ‐ ‐ 102,216 102,216 ‐ ‐ 105,283 105,283 ‐ ‐ 108,441 108,441 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 1,964,213 1,964,213 ‐ ‐ 2,006,588 2,006,588 ‐ ‐ 2,049,904 2,049,904 ‐ ‐ 325,146 325,146 ‐ ‐ 334,900 334,900 ‐ ‐ 344,947 344,947 ‐ ‐ 108,844 108,844 ‐ ‐ 112,109 112,109 ‐ ‐ 115,472 115,472 ‐ ‐ 96,397 96,397 ‐ ‐ 99,289 99,289 ‐ ‐ 102,268 102,268 ‐ ‐ 60,833 60,833 ‐ ‐ 62,658 62,658 ‐ ‐ 64,538 64,538 ‐ ‐ 38,356 38,356 ‐ ‐ 39,506 39,506 ‐ ‐ 40,692 40,692 ‐ ‐ 35,263 35,263 ‐ ‐ 36,321 36,321 ‐ ‐ 37,410 37,410 ‐ ‐ 18,313 18,313 ‐ ‐ 18,862 18,862 ‐ ‐ 19,428 19,428 ‐ ‐ 13,261 13,261 ‐ ‐ 13,659 13,659 ‐ ‐ 14,069 14,069 ‐ ‐ 8,270 8,270 ‐ ‐ 8,518 8,518 ‐ ‐ 8,774 8,774 ‐ ‐ 4,362 4,362 ‐ ‐ 4,493 4,493 ‐ ‐ 4,627 4,627 ‐ ‐ 2,945 2,945 ‐ ‐ 3,033 3,033 ‐ ‐ 3,124 3,124 ‐ ‐ 2,199 2,199 ‐ ‐ 2,265 2,265 ‐ ‐ 2,332 2,332 ‐ ‐ 985 985 ‐ ‐ 1,015 1,015 ‐ ‐ 1,045 1,045 ‐ ‐ 874 874 ‐ ‐ 900 900 ‐ ‐ 927 927 ‐ ‐ 580 580 ‐ ‐ 597 597 ‐ ‐ 615 615 ‐ ‐ 402 402 ‐ ‐ 414 414 ‐ ‐ 427 427 ‐ ‐ 264 264 ‐ ‐ 272 272 ‐ ‐ 280 280 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 3,612,614 3,612,614 ‐ ‐ 3,720,992 3,720,992 ‐ ‐ 3,832,622 3,832,622 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 300,035 300,035 ‐ ‐ 309,036 309,036 ‐ ‐ 318,307 318,307 ‐ ‐ 521,281 521,281 ‐ ‐ 536,920 536,920 ‐ ‐ 553,028 553,028 ‐ ‐ 5,151,223 5,151,223 ‐ ‐ 5,305,760 5,305,760 ‐ ‐ 5,464,933 5,464,933 ‐ ‐ Source: RD 17 Audited Financial Statements through Fiscal Year Ending June 30, 2020. Future Years are based on projections using prior year data as assumed by LWA. 2025 2026 2027
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Table C5
Mossdale Tract: 2022 Adequate Progress ReportHistoric RD 17 Financial DataFiscal YearFiscal QuarterRevenues State AssistanceAssessmentsProperty taxesInterestOther revenuePenalties and interest on late assessments Total RevenuesExpenditures
Levee repairs and maintenance
EngineeringLegal and accountingVegetation controlPayroll expensesRodent controlCounty chargesInsuranceProperty Taxes Eqipment RentalOffice expense/suppliesMiscellaneousTrustee feesAutomobile expenseDues and subscriptions PermitsPublication cost
Bank feesSpecial projectsBond Issuance CostReimbursementsEquipment rentalCapital outlay Debt service
PrincipalInterest
Total Expenditures
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 1,756,445 1,756,445 ‐ ‐ 1,791,573 1,791,573 ‐ ‐ 1,827,405 1,827,405 ‐ ‐ 226,042 226,042 ‐ ‐ 232,823 232,823 ‐ ‐ 239,808 239,808 ‐ ‐ 111,694 111,694 ‐ ‐ 115,045 115,045 ‐ ‐ 118,496 118,496 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 2,094,181 2,094,181 ‐ ‐ 2,139,442 2,139,442 ‐ ‐ 2,185,709 2,185,709 ‐ ‐ 355,295 355,295 ‐ ‐ 365,954 365,954 ‐ ‐ 376,933 376,933 ‐ ‐ 118,936 118,936 ‐ ‐ 122,505 122,505 ‐ ‐ 126,180 126,180 ‐ ‐ 105,336 105,336 ‐ ‐ 108,496 108,496 ‐ ‐ 111,751 111,751 ‐ ‐ 66,474 66,474 ‐ ‐ 68,468 68,468 ‐ ‐ 70,522 70,522 ‐ ‐ 41,912 41,912 ‐ ‐ 43,170 43,170 ‐ ‐ 44,465 44,465 ‐ ‐ 38,533 38,533 ‐ ‐ 39,689 39,689 ‐ ‐ 40,879 40,879 ‐ ‐ 20,011 20,011 ‐ ‐ 20,612 20,612 ‐ ‐ 21,230 21,230 ‐ ‐ 14,491 14,491 ‐ ‐ 14,925 14,925 ‐ ‐ 15,373 15,373 ‐ ‐ 9,037 9,037 ‐ ‐ 9,308 9,308 ‐ ‐ 9,587 9,587 ‐ ‐ 4,766 4,766 ‐ ‐ 4,909 4,909 ‐ ‐ 5,056 5,056 ‐ ‐ 3,218 3,218 ‐ ‐ 3,315 3,315 ‐ ‐ 3,414 3,414 ‐ ‐ 2,402 2,402 ‐ ‐ 2,475 2,475 ‐ ‐ 2,549 2,549 ‐ ‐ 1,077 1,077 ‐ ‐ 1,109 1,109 ‐ ‐ 1,142 1,142 ‐ ‐ 955 955 ‐ ‐ 984 984 ‐ ‐ 1,013 1,013 ‐ ‐ 633 633 ‐ ‐ 652 652 ‐ ‐ 672 672 ‐ ‐ 440 440 ‐ ‐ 453 453 ‐ ‐ 466 466 ‐ ‐ 288 288 ‐ ‐ 297 297 ‐ ‐ 306 306 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 3,947,601 3,947,601 ‐ ‐ 4,066,029 4,066,029 ‐ ‐ 4,188,010 4,188,010 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 327,857 327,857 ‐ ‐ 337,692 337,692 ‐ ‐ 347,823 347,823 ‐ ‐ 569,618 569,618 ‐ ‐ 586,707 586,707 ‐ ‐ 604,308 604,308 ‐ ‐ 5,628,881 5,628,881 ‐ ‐ 5,797,747 5,797,747 ‐ ‐ 5,971,680 5,971,680 ‐ ‐ Source: RD 17 Audited Financial Statements through Fiscal Year Ending June 30, 2020. Future Years are based on projections using prior year data as assumed by LWA. 2028 2029 2030
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San Joaquin Area Flood Control Agency
2022 Annual Adequate Progress Report Update
January 24, 2023
1801014 Adequate Progress Report Appendix Covers 2023 0118.docx APPENDIX D:
OVERLAY ASSESSMENT DISTRICT REVENUE ANALYSIS
SUPPORTING TABLES
Table D-1 Cash Flow Modeling of Overlay Assessment in Conjunction with Development Projections .................................................................................................................................D-1 Table D-2 Marginal Change in Overlay Assessment Per Acre of Development.......................D-5 ATTACHMENT 2
Table D‐1
Mossdale Tract Area: Overlay Asssessment Rate Analysis
Cash Flow Modeling of Overlay Assessment in Conjunction with Development Projections 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Annual Assessment Revenue [1] $0 $2,625,000 $2,751,637 $2,850,428 $2,956,652 $3,038,160 $3,103,924 $3,165,192 $3,216,160 $3,260,228 $3,303,074 Planned Development Acres [2]
Commercial 99.33 84.41 62.73 69.09 67.35 70.32 68.00 72.22 82.90 76.33 45.15 Industrial 128.49 147.67 133.87 137.47 88.99 68.49 68.47 45.48 26.38 26.38 26.38Residential 292.95 163.19 92.70 111.23 107.08 80.76 64.11 64.12 65.46 65.46 69.45 Subtotal Planned Development Acres 520.76 395.27 289.30 317.80 263.43 219.58 200.58 181.82 174.74 168.17 140.98 Marignal Change in Assessement Revenue [3]
Commercial $0.00 $15,689.16 $11,660.21 $12,841.42 $12,518.93 $13,070.97 $12,639.75 $13,424.13 $15,409.43 $14,188.06 $8,392.11 Industrial $0.00 $71,220.28 $64,564.63 $66,302.82 $42,920.26 $33,032.28 $33,021.67 $21,933.74 $12,722.90 $12,722.90 $12,722.90Residential $0.00 $39,727.83 $22,566.30 $27,078.98 $26,068.69 $19,661.26 $15,607.04 $15,609.47 $15,935.68 $15,935.68 $16,907.01 Subtotal Marignal Change in Assessement Revenue $0.00 $126,637.28 $98,791.14 $106,223.21 $81,507.89 $65,764.52 $61,268.46 $50,967.34 $44,068.01 $42,846.65 $38,022.03 Net Change in Assessment Revenue [4] $0 $2,751,637 $2,850,428 $2,956,652 $3,038,160 $3,103,924 $3,165,192 $3,216,160 $3,260,228 $3,303,074 $3,341,097 Notes
[1] Annual Assessment Revenue calculated by adding the marginal change in assessment revenue from the previous year's development.[2] Development assumed to ocur during the year affecting the following year's assessment roll. Based on the Development Absorption Analsysis prepared by LWA dated 6/12/21.[3] Calculated by multiplying the Planned Development Acres by the appropriate rate from Table D-2.[4] Assessment revenues assumed to result from development during the year.
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Table D‐1
Mossdale Tract Area: Overlay Asssessment Rate Analy
Cash Flow Modeling of Overlay Assessment in ConjunAnnual Assessment Revenue [1] Planned Development Acres [2]
CommercialIndustrialResidential
Subtotal Planned Development Acres
Marignal Change in Assessement Revenue [3]
CommercialIndustrialResidential
Subtotal Marignal Change in Assessement Revenue
Net Change in Assessment Revenue [4]
2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044
$3,341,097 $3,400,916 $3,459,387 $3,510,600 $3,559,071 $3,594,085 $3,613,259 $3,632,026 $3,661,876 $3,688,076 $3,714,276
51.00 51.01 48.51 44.69 31.51 24.25 24.22 13.77 14.70 14.70 15.0378.20 75.43 71.86 71.89 49.07 20.21 20.21 20.21 20.21 20.21 20.1751.86 51.80 30.97 22.56 22.56 20.21 18.56 72.06 56.36 56.36 56.36 181.06 178.24 151.34 139.14 103.14 64.67 62.99 106.04 91.27 91.27 91.56 $9,479.46 $9,481.14 $9,016.27 $8,306.61 $5,856.82 $4,507.39 $4,501.26 $2,559.46 $2,732.13 $2,732.13 $2,793.47 $37,715.35 $36,379.40 $34,657.61 $34,672.08 $23,664.70 $9,747.15 $9,747.15 $9,747.15 $9,747.15 $9,747.15 $9,727.86$12,624.88 $12,610.27 $7,539.38 $5,492.04 $5,492.04 $4,919.95 $4,518.27 $17,543.15 $13,721.12 $13,721.12 $13,721.12 $59,819.69 $58,470.81 $51,213.27 $48,470.73 $35,013.56 $19,174.50 $18,766.68 $29,849.76 $26,200.40 $26,200.40 $26,242.45 $3,400,916 $3,459,387 $3,510,600 $3,559,071 $3,594,085 $3,613,259 $3,632,026 $3,661,876 $3,688,076 $3,714,276 $3,740,519 Notes
[1] Annual Assessment Revnue calculated by subtracting the marginal change in assessment revenue from the previous year's development.[2] Development assumed to ocur during the year affecting the following year's assessment roll. Summarized from Table A-2, Appendix A. [3] Calculated by multiplying the Planned Development Acres by the appropriate rate from Table 4.[4] Assessment revenues assumed to result from development during the year.
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Table D‐1
Mossdale Tract Area: Overlay Asssessment Rate Analy
Cash Flow Modeling of Overlay Assessment in ConjunAnnual Assessment Revenue [1] Planned Development Acres [2]
CommercialIndustrialResidential
Subtotal Planned Development Acres
Marignal Change in Assessement Revenue [3]
CommercialIndustrialResidential
Subtotal Marignal Change in Assessement Revenue
Net Change in Assessment Revenue [4]
2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055
$3,740,519 $3,756,617 $3,772,715 $3,788,813 $3,804,746 $3,820,490 $3,836,233 $3,838,255 $3,840,143 $3,841,565 $3,842,987
12.79 12.79 12.79 11.90 10.88 10.88 10.88 10.16 7.65 7.65 7.65
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
56.36 56.36 56.36 56.36 56.36 56.36 0.00 0.00 0.00 0.00 0.00
69.15 69.15 69.15 68.26 67.24 67.24 10.88 10.16 7.65 7.65 7.65 $2,377.11 $2,377.11 $2,377.11 $2,211.69 $2,022.10 $2,022.10 $2,022.10 $1,887.90 $1,421.92 $1,421.92 $1,421.92 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $13,721.12 $13,721.12 $13,721.12 $13,721.12 $13,721.12 $13,721.12 $0.00 $0.00 $0.00 $0.00 $0.00 $16,098.23 $16,098.23 $16,098.23 $15,932.81 $15,743.22 $15,743.22 $2,022.10 $1,887.90 $1,421.92 $1,421.92 $1,421.92 $3,756,617 $3,772,715 $3,788,813 $3,804,746 $3,820,490 $3,836,233 $3,838,255 $3,840,143 $3,841,565 $3,842,987 $3,844,408 Notes
[1] Annual Assessment Revnue calculated by subtracting the marginal change in assessment revenue from the previous year's development.[2] Development assumed to ocur during the year affecting the following year's assessment roll. Summarized from Table A-2, Appendix A. [3] Calculated by multiplying the Planned Development Acres by the appropriate rate from Table 4.[4] Assessment revenues assumed to result from development during the year.
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Table D‐1
Mossdale Tract Area: Overlay Asssessment Rate Analy
Cash Flow Modeling of Overlay Assessment in ConjunAnnual Assessment Revenue [1] Planned Development Acres [2]
CommercialIndustrialResidential
Subtotal Planned Development Acres
Marignal Change in Assessement Revenue [3]
CommercialIndustrialResidential
Subtotal Marignal Change in Assessement Revenue
Net Change in Assessment Revenue [4]
2056 2057 2058 2059 2060 2061 2062
$3,844,408 $3,845,743 $3,846,545 $3,846,900 $3,847,255 $3,847,611 $3,847,966
7.18 4.32 1.91 1.91 1.91 1.91 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00
7.18 4.32 1.91 1.91 1.91 1.91 0.00
$1,334.37 $802.59 $355.02 $355.02 $355.02 $355.02 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1,334.37 $802.59 $355.02 $355.02 $355.02 $355.02 $0.00 $3,845,743 $3,846,545 $3,846,900 $3,847,255 $3,847,611 $3,847,966 $3,847,966 Notes[1] Annual Assessment Revnue calculated by subtracting the marginal change in assessment revenue from the previous year's development.[2] Development assumed to ocur during the year affecting the following year's assessment roll. Summarized from Table A-2, Appendix A. [3] Calculated by multiplying the Planned Development Acres by the appropriate rate from Table 4.[4] Assessment revenues assumed to result from development during the year.
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Table D‐2
Mossdale Tract Area: Overlay Asssessment Rate Analysis
Marginal Change in Overlay Assessment Per Acre of Development A [1] B [1] C = B ‐ A
Vacant Commercial $ 77.55 $ 263.43 $ 185.87
Vacant Industrial $ 43.73 $ 526.02 $ 482.29
Vacant Residential $ 56.17 $ 299.61 $ 243.44
Total $ 177.45 $ 1,089.06 $ 911.61 [1] Based on preliminary Assessment rate Analysis prepared by Willdan Financial Services.
Overlay Assessment Land Use Category
Assessment
Rate Per
Developable
Acre
Assessment
Rate Per
Developed
Acre
Marginal
Assessment
Rate Change
Per Acre
Prepared by LWA 1801000 Mossdale Tract Financing Model 2023 0110.xlsx ATTACHMENT 2
San Joaquin Area Flood Control Agency
2022 Annual Adequate Progress Report Update
January 24, 2023
1801014 Adequate Progress Report Appendix Covers 2023 0118.docx APPENDIX E:
EXECUTED MEMORANDUM OF UNDERSTANDING REGARDING THE
DEVELOPMENT OF ADDITIONAL FUNDING SOURCES FOR THE MOSSDALE TRACT
AREA AS BETWEEN THE SAN JOAQUIN AREA FLOOD CONTROL AGENCY AND
THE CITIES OF LATHROP, MANTECA, AND STOCKTON (PARTIAL EXECUTION) MOU Memorandum of Understanding for Development of Additional Funding for the Mossdale Tract Area between SJAFCA and the Cities of Lathrop, Manteca and Stockton...... E1 ATTACHMENT 2
ATTACHMENT 2
ATTACHMENT 2
ATTACHMENT 2
ATTACHMENT 2
ATTACHMENT 2
San Joaquin Area Flood Control Agency
2022 Annual Adequate Progress Report Update
January 24, 2023
1801014 Adequate Progress Report Appendix Covers 2023 0118.docx APPENDIX F:
EIFD ANALYSIS SUPPORTING INFORMATION
Reference the
MOSSDALE TRACT ENHANCED INFRASTRUCTURE FINANCING DISTRICT –
INFRASTRUCTURE FINANCING PLAN FINAL REPORT
PREPARED BY ECONOMIC & PLANNING SYSTEMS, INC.
DATED JUNE 2, 2022
Available on SJAFCA’s Website:
https://www.sjafca.org/home/showpublisheddocument/1275/637902252871700000 Table F1 Updated EIFD & Financing Supporting Tables – Financing Revenues and Debt Service...................................................................................................................... F-1 ATTACHMENT 2
Table F1
Mossdale Tract: 2022 Adequate Progress Report
Updated EIFD & Financing Supporting Tables
Financing Revenues and Debt Service
Year
Gross Available
Assessment
Revenues
Gross
EIFD
Revenues
Gross
Revenues for
Project &
Financing Debt Service
Assessment
Revenue
for Debt Service
EIFD Revenue
for Debt Service
Net Assessment
Revenue for PayGo /
Services
Net EIFD Revenue
for PayGo & Future
Projects
Table D-1: Mossdale
Tract Area: Overlay
Asssessment Rate
Analysis
Table 1: EIFD
Revenue Analysis
[1] [1]
2016 $0 $0 $0 $0 $0 $0 $0 $0
2017 $0 $0 $0 $0 $0 $0 $0 $0
2018 $0 $0 $0 $0 $0 $0 $0 $0
2019 $0 $0 $0 $0 $0 $0 $0 $0
2020 $0 $0 $0 $0 $0 $0 $0 $0
2021 $0 $0 $0 $0 $0 $0 $0 $0
2022 $0 $0 $0 $0 $0 $0 $0 $0
2023 $0 $905,301 $905,301 $0 $0 $0 $0 $905,301
2024 $2,625,000 $1,998,882 $4,623,882 $0 $0 $0 $2,625,000 $1,998,882 2025 $2,651,250 $2,885,345 $5,536,595 $0 $0 $0 $2,651,250 $2,885,345 2026 $2,677,763 $3,910,153 $6,587,916 $2,076,235 $2,076,235 $0 $601,528 $3,910,153 2027 $2,704,540 $4,881,630 $7,586,170 $2,099,186 $2,099,186 $0 $605,354 $4,881,630 2028 $2,731,586 $5,864,529 $8,596,115 $5,120,218 $2,581,586 $2,538,632 $150,000 $3,325,8972029 $2,758,901 $6,800,338 $9,559,239 $5,142,668 $2,608,901 $2,533,766 $150,000 $4,266,5722030 $2,786,490 $7,763,624 $10,550,114 $5,170,450 $2,636,490 $2,533,960 $150,000 $5,229,6642031 $2,814,355 $3,736,961 $6,551,316 $5,194,718 $2,664,355 $2,530,362 $150,000 $1,206,5992032 $2,842,499 $4,128,290 $6,970,789 $5,217,220 $2,692,499 $2,524,721 $150,000 $1,603,5692033 $2,870,924 $4,547,277 $7,418,201 $5,239,646 $2,720,924 $2,518,722 $150,000 $2,028,5552034 $2,899,633 $3,667,974 $6,567,607 $5,265,124 $2,746,401 $2,518,722 $153,232 $1,149,2522035 $2,928,629 $4,025,284 $6,953,913 $5,293,366 $2,774,644 $2,518,722 $153,986 $1,506,5622036 $2,957,916 $4,363,823 $7,321,739 $5,319,088 $2,800,365 $2,518,722 $157,551 $1,845,1012037 $2,987,495 $4,701,401 $7,688,896 $5,343,976 $2,825,254 $2,518,722 $162,241 $2,182,6792038 $3,017,370 $5,016,811 $8,034,181 $5,371,160 $2,852,438 $2,518,722 $164,932 $2,498,0892039 $3,047,544 $5,307,424 $8,354,968 $5,397,103 $2,878,380 $2,518,722 $169,163 $2,788,7022040 $3,078,019 $5,605,216 $8,683,235 $5,424,931 $2,906,209 $2,518,722 $171,810 $3,086,4942041 $3,108,799 $5,943,116 $9,051,915 $5,451,110 $2,932,388 $2,518,722 $176,412 $3,424,394 AD at $2.6 Million Starting
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Table F1
Mossdale Tract: 2022 Adequate Progress Report
Updated EIFD & Financing Supporting Tables
Financing Revenues and Debt Service
Year
Gross Available
Assessment
Revenues
Gross
EIFD
Revenues
Gross
Revenues for
Project &
Financing Debt Service
Assessment
Revenue
for Debt Service
EIFD Revenue
for Debt Service
Net Assessment
Revenue for PayGo /
Services
Net EIFD Revenue
for PayGo & Future
Projects
Table D-1: Mossdale
Tract Area: Overlay
Asssessment Rate
Analysis
Table 1: EIFD
Revenue Analysis
[1] [1]
AD at $2.6 Million Starting
2042 $3,139,887 $6,275,427 $9,415,314 $5,473,766 $2,955,044 $2,518,722 $184,843 $3,756,7052043 $3,171,286 $6,620,684 $9,791,970 $5,504,589 $2,985,866 $2,518,722 $185,420 $4,101,9622044 $3,202,999 $6,979,950 $10,182,949 $5,533,005 $3,014,283 $2,518,722 $188,716 $4,461,2282045 $3,235,029 $3,468,722 $6,703,751 $5,557,143 $3,038,420 $2,518,722 $196,609 $950,0002046 $3,267,379 $3,637,143 $6,904,522 $5,588,690 $3,069,968 $2,518,722 $197,412 $1,118,4212047 $3,300,053 $3,811,769 $7,111,822 $5,613,825 $3,095,103 $2,518,722 $204,950 $1,293,0472048 $3,333,053 $3,991,692 $7,324,745 $5,644,089 $3,125,366 $2,518,722 $207,687 $1,472,9702049 $3,366,384 $4,177,035 $7,543,419 $5,675,720 $3,156,998 $2,518,722 $209,386 $1,658,3132050 $3,400,048 $4,369,126 $7,769,174 $5,705,121 $3,186,399 $2,518,722 $213,649 $1,850,4042051 $3,434,048 $4,568,205 $8,002,253 $5,733,609 $3,214,886 $2,518,722 $219,162 $2,049,4832052 $3,468,389 $4,774,046 $8,242,435 $5,759,396 $3,240,674 $2,518,722 $227,715 $2,255,3242053 $3,503,073 $4,984,254 $8,487,327 $5,790,550 $3,271,828 $2,518,722 $231,245 $2,465,5322054 $3,538,103 $5,201,998 $8,740,101 $5,823,248 $3,388,103 $2,435,144 $150,000 $2,766,8542055 $3,573,484 $5,427,542 $9,001,026 $2,995,800 $2,995,800 $0 $577,684 $5,427,542 2056 $3,609,219 $5,660,678 $9,269,897 $2,997,675 $2,997,675 $0 $611,544 $5,660,678 2057 $3,645,311 $5,897,668 $9,542,979 $2,999,150 $2,999,150 $0 $646,161 $5,897,668 2058 $3,681,765 $6,139,348 $9,821,113 $0 $0 $0 $3,681,765 $6,139,348 2059 $3,718,582 $6,389,442 $10,108,024 $0 $0 $0 $3,718,582 $6,389,442 2060 $3,755,768 $6,648,236 $10,404,004 $0 $0 $0 $3,755,768 $6,648,236 Total $116,832,574 $185,076,344 $301,908,918 $160,521,573 $92,531,817 $67,989,756 $24,300,757 $117,086,588 [1] Pay go Revenues from the EIFD are collected through 2025. The total amount of PayGo revenues needed to funding the 200‐Year Project total $5,789,528. The total debt service supported by EIFD revenues is $67,989,756. Combined, the total EIFD revenue needed is $73,779,284.
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