Agenda packet — Rancho Cucamonga City Council, May 18, 2022 (part 4 of 4)

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Appendix D: Rancho Cucamonga EIFD - Fiscal Impact Analysis DRAFT Sales Tax - Indirect / Off-Site
Year 5 Year 10 Year 15 Year 20
2027 2032 2037 2042
Estimated # Employees 6,646 7,440 7,440 7,440
Estimated Annual Taxable Retail Spending / Empl. $6,701 $7,768 $9,005 $10,439 Estimated Employee Taxable Retail Spending $44,528,971 $57,792,325 $66,997,144 $77,668,052 Estimated Capture within City 50.0% $22,264,485 $28,896,162 $33,498,572 $38,834,026 Estimated # Occupied Dwelling Units 8,759 DU 11,179 DU 11,179 DU 11,179 DU Estimated Annual Taxable Retail Spending / HH $40,323 $46,745 $54,190 $62,822 Estimated Resident Taxable Retail Spending $353,187,309 $522,547,826 $605,776,148 $702,260,583 Estimated Capture within City 50.0% $176,593,654 $261,273,913 $302,888,074 $351,130,291 Estimated # Occupied Hotel Rooms 128 rooms 128 rooms 128 rooms 128 rooms Estimated Annual Taxable Retail Spending / Room $21,157 $24,526 $28,433 $32,962 Estimated Resident Taxable Retail Spending $2,713,353 $3,145,520 $3,646,520 $4,227,316 Estimated Capture within City 25.0% $678,338 $786,380 $911,630 $1,056,829 Total Estimated Indirect Taxable Sales $199,536,478 $290,956,456 $337,298,276 $391,021,146 Less Estimated Capture Within District Retail (5.0%) ($9,976,824) ($14,547,823) ($16,864,914) ($19,551,057) Net Indirect Taxable Sales $189,559,654 $276,408,633 $320,433,362 $371,470,089 Sales Tax to City 1.00% $1,895,597 $2,764,086 $3,204,334 $3,714,701 Use Tax as % of Sales Tax 11.50% $217,994 $317,870 $368,498 $427,191 Sales and Use Tax to City - Indirect $2,113,600 $3,082,000 $3,572,800 $4,141,900 Notes:

County sales tax for transportation based on Measure I (0.5%), Revenue and Taxation Code Section 7203.1 (0.25%) Does not include additional sales tax allocation for public safety from Proposition 172 (collected by State BOE and apportioned to counties based on proportionate share of taxable sales) Employee spending estimates based on "Office Worker Retail Spending Patterns: A Downtown and Suburban Area Study," ICSC (2004).

Household spending based on average houshold income within City.

Hotel guest spending estimated based on American Hotel and Lodging Association (AHLA) data.

Adjusted for inflation assuming 3% annual inflation rate.

Select years shown for illustration.

Values in 2022 dollars.
3/21/2022

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Appendix D: Rancho Cucamonga EIFD - Fiscal Impact Analysis DRAFT Transient Occupancy Tax ("TOT") to City
Year 5 Year 10 Year 15 Year 20
2027 2032 2037 2042
Estimated # Hotel Rooms 171 rooms 171 rooms 171 rooms 171 rooms Average Daily Room Rate (ADR) $174 $202 $234 $271
Average Occupancy Rate 73% 73% 73% 73%
Annual Hotel Room Receipts $7,922,992 $9,184,919 $10,647,839 $12,343,763 TOT to City 10.00% $792,300 $918,500 $1,064,800 $1,234,400 Notes:

Adjusted for inflation assuming 3% annual inflation rate.

Select years shown for illustration.

Values in 2022 dollars.
3/21/2022

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Appendix D: Rancho Cucamonga EIFD - Fiscal Impact Analysis DRAFT Service Population
City Population 175,131
City Employee Population 79,840
Employee Weighting for Service Population 0.5
Weighted # Employees 39,920
Total Service Population 215,051
Source: CA Department of Finance, CA Employment Development Department (2021) 3/21/2022

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Appendix D: Rancho Cucamonga EIFD - Fiscal Impact Analysis DRAFT Multipler Revenue and Expenditure Factors
Year 5 Year 10 Year 15 Year 20
Budget Category
Adopted City
Budget Allocation Basis
Relevant City
Population /
Factor
Discount for
Operational
Efficiency
Per Capita
Factor
Annual
Escalation 2027 2032 2037 2042
Revenues
Prop 172 Half Cent Sales Tax $735,370 As % of Total Sales Tax $31,965,020 0% 2.30% N /A 2.30% 2.30% 2.30% 2.30% Franchise Fees $7,572,760 Service Population 215,051 0% $35.21 3.0% $40.82 $47.32 $54.86 $63.60 Business Licenses (incl. penalties) $2,698,710 Per Employee 79,840 0% $33.80 3.0% $39.19 $45.43 $52.66 $61.05 Animal Licenses $270,000 Per Resident 175,131 0% $1.54 3.0% $1.79 $2.07 $2.40 $2.78 Fines and Forfeitures $1,004,750 Service Population 215,051 0% $4.67 3.0% $5.42 $6.28 $7.28 $8.44 Use of Money and Property $1,553,990 Service Population 215,051 0% $7.23 3.0% $8.38 $9.71 $11.26 $13.05 Charges for Services $3,472,090 Per Resident 175,131 0% $19.83 3.0% $22.98 $26.64 $30.89 $35.81 Intergovernmental $214,580 Service Population 215,051 0% $1.00 3.0% $1.16 $1.34 $1.55 $1.80 Other Revenue $3,598,000 Service Population 215,051 0% $16.73 3.0% $19.40 $22.48 $26.07 $30.22 Transfers In $1,722,910 Service Population 215,051 0% $8.01 3.0% $9.29 $10.77 $12.48 $14.47 Fire Fund - Other Revenues $2,674,960 Service Population 215,051 0% $12.44 3.0% $14.42 $16.72 $19.38 $22.47 Total Selected Revenues $25,518,120
Expenditures
Police $46,958,580 Service Population 215,051 0% $218.36 3.0% $253.14 $293.46 $340.20 $394.38 Non-departmental $5,863,390 Service Population 215,051 25% $20.45 3.0% $23.71 $27.48 $31.86 $36.93 City Council $137,600 Service Population 215,051 25% $0.48 3.0% $0.56 $0.64 $0.75 $0.87 City Management $1,079,110 Service Population 215,051 25% $3.76 3.0% $4.36 $5.06 $5.86 $6.80 City Clerk $1,980 Service Population 215,051 25% $0.01 3.0% $0.01 $0.01 $0.01 $0.01 Animal Care and Services $3,189,380 Per Resident 175,131 25% $13.66 3.0% $15.83 $18.36 $21.28 $24.67 Records Management $519,850 Service Population 215,051 25% $1.81 3.0% $2.10 $2.44 $2.82 $3.27 Healthy RC Program $620,230 Per Resident 175,131 25% $2.66 3.0% $3.08 $3.57 $4.14 $4.80 Community Affairs $548,640 Service Population 215,051 25% $1.91 3.0% $2.22 $2.57 $2.98 $3.46 Admin. Services - Admin $190,750 Service Population 215,051 25% $0.67 3.0% $0.77 $0.89 $1.04 $1.20 Business Licensing $378,360 Per Employee 79,840 25% $3.55 3.0% $4.12 $4.78 $5.54 $6.42 City Facilities $1,009,270 Service Population 215,051 25% $3.52 3.0% $4.08 $4.73 $5.48 $6.36 Finance $1,598,930 Service Population 215,051 25% $5.58 3.0% $6.46 $7.49 $8.69 $10.07 Innovation and Tech Services $3,917,550 Service Population 215,051 25% $13.66 3.0% $15.84 $18.36 $21.29 $24.68 Human Resources $596,590 Service Population 215,051 25% $2.08 3.0% $2.41 $2.80 $3.24 $3.76 Procurement $266,770 Service Population 215,051 25% $0.93 3.0% $1.08 $1.25 $1.45 $1.68 Risk Management $298,600 Service Population 215,051 25% $1.04 3.0% $1.21 $1.40 $1.62 $1.88 Treasury Management $6,140 Service Population 215,051 25% $0.02 3.0% $0.02 $0.03 $0.03 $0.04 City Telecommunications $241,490 Service Population 215,051 25% $0.84 3.0% $0.98 $1.13 $1.31 $1.52 Economic and Comm. Development $886,470 Service Population 215,051 25% $3.09 3.0% $3.58 $4.15 $4.82 $5.58 Building and Safety $1,911,330 Service Population 215,051 25% $6.67 3.0% $7.73 $8.96 $10.39 $12.04 Engineering $2,569,690 Service Population 215,051 25% $8.96 3.0% $10.39 $12.04 $13.96 $16.19 Fire Facilities Maintenance $372,330 Service Population 215,051 25% $1.30 3.0% $1.51 $1.75 $2.02 $2.35 City Facilities Maintenance $3,747,020 Service Population 215,051 25% $13.07 3.0% $15.15 $17.56 $20.36 $23.60 Planning $1,976,590 Service Population 215,051 25% $6.89 3.0% $7.99 $9.26 $10.74 $12.45 Planning Commission $20,390 Service Population 215,051 25% $0.07 3.0% $0.08 $0.10 $0.11 $0.13 Vehicle and Equip. Maintenance $1,181,990 Service Population 215,051 25% $4.12 3.0% $4.78 $5.54 $6.42 $7.45 Street Maintenance $2,563,580 Service Population 215,051 25% $8.94 3.0% $10.36 $12.02 $13.93 $16.15 Park Maintenance $3,016,970 Per Resident 175,131 25% $12.92 3.0% $14.98 $17.36 $20.13 $23.34 Community Improvement $849,820 Service Population 215,051 25% $2.96 3.0% $3.44 $3.98 $4.62 $5.35 Community Services $8,641,020 Service Population 215,051 25% $30.14 3.0% $34.94 $40.50 $46.95 $54.43 Fire Fund (Non-General Fund) $38,050,430 Service Population 215,051 50% $88.47 3.0% $102.56 $118.89 $137.83 $159.78 Total Selected Expenditures $133,210,840
Notes:

Major case study revenues not shown include property tax, sales tax, transient occupancy tax Non-recurring licenses and permits excluded (e.g. building permits) Non-recurring charges for services excluded (e.g. plan check and engineering fees) Fire Fund other revenues excluding property tax
Adjusted for inflation assuming 3% annual inflation rate.

Select years shown for illustration.

Values in 2022 dollars.

Source: City of Rancho Cucamonga 2021-2022 Adopted Budget 3/21/2022

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Appendix D: Rancho Cucamonga EIFD - Fiscal Impact Analysis DRAFT Multipler Revenues and Expenditures
Year 5 Year 10 Year 15 Year 20
2027 2032 2037 2042
Estimated # Residents 19,708 25,152 25,152 25,152
Estimated # Employees 6,646 7,440 7,440 7,440
Total Project Service Population 23,031 28,872 28,872 28,872 Budget Category 2027 2032 2037 2042
Revenues
Prop 172 Half Cent Sales Tax $145,500 $188,000 $218,000 $252,700 Franchise Fees $940,200 $1,366,300 $1,584,000 $1,836,300 Business Licenses (incl. penalties) $260,400 $338,000 $391,800 $454,200 Animal Licenses $35,200 $52,100 $60,400 $70,000
Fines and Forfeitures $124,700 $181,300 $210,200 $243,600 Use of Money and Property $192,900 $280,400 $325,000 $376,800 Charges for Services $453,000 $670,200 $776,900 $900,600 Intergovernmental $26,600 $38,700 $44,900 $52,000
Other Revenue $446,700 $649,200 $752,600 $872,400
Transfers In $213,900 $310,900 $360,400 $417,800
Fire Fund - Other Revenues $332,100 $482,600 $559,500 $648,600 Total Multiplier Revenues $3,171,200 $4,557,700 $5,283,700 $6,125,000 Expenditures
Police $5,829,900 $8,472,700 $9,822,200 $11,386,600
Non-departmental $546,000 $793,400 $919,800 $1,066,300
City Council $12,800 $18,600 $21,600 $25,000
City Management $100,500 $146,000 $169,300 $196,200
City Clerk $200 $300 $300 $400
Animal Care and Services $312,100 $461,700 $535,200 $620,500 Records Management $48,400 $70,300 $81,600 $94,500
Healthy RC Program $60,700 $89,800 $104,100 $120,700
Community Affairs $51,100 $74,200 $86,100 $99,800
Admin. Services - Admin $17,800 $25,800 $29,900 $34,700 Business Licensing $27,400 $35,500 $41,200 $47,800
City Facilities $94,000 $136,600 $158,300 $183,500
Finance $148,900 $216,400 $250,800 $290,800
Innovation and Tech Services $364,800 $530,100 $614,600 $712,500 Human Resources $55,600 $80,700 $93,600 $108,500
Procurement $24,800 $36,100 $41,800 $48,500
Risk Management $27,800 $40,400 $46,800 $54,300
Treasury Management $600 $800 $1,000 $1,100
City Telecommunications $22,500 $32,700 $37,900 $43,900 Economic and Comm. Development $82,500 $120,000 $139,100 $161,200 Building and Safety $178,000 $258,600 $299,800 $347,600 Engineering $239,300 $347,700 $403,100 $467,300
Fire Facilities Maintenance $34,700 $50,400 $58,400 $67,700 City Facilities Maintenance $348,900 $507,100 $587,800 $681,400 Planning $184,000 $267,500 $310,100 $359,500
Planning Commission $1,900 $2,800 $3,200 $3,700
Vehicle and Equip. Maintenance $110,100 $159,900 $185,400 $215,000 Street Maintenance $238,700 $346,900 $402,200 $466,200
Park Maintenance $295,200 $436,700 $506,300 $586,900
Community Improvement $79,100 $115,000 $133,300 $154,500 Community Services $804,600 $1,169,300 $1,355,600 $1,571,500 Fire Fund (Non-General Fund) $2,362,000 $3,432,700 $3,979,400 $4,613,300 Total Multiplier Expenditures $12,704,900 $18,476,700 $21,419,800 $24,831,400 Notes:

Select years shown for illustration.

Values in 2022 dollars.

Source: City of Rancho Cucamonga 2021-2022 Adopted Budget 3/21/2022

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Appendix D: Rancho Cucamonga EIFD - Fiscal Impact Analysis DRAFT IMPLAN Inputs
Construction Inputs
Industry NAICS Category
Approximate Inputs
(Industry Spending)
58 - Construction of new multifamily residential structures $3,254,712,320 57 - Construction of new single family residential structures $935,764,036 55 - Construction of new commercial structures, including farm structures $327,172,000 51 - Construction of new manufacturing structures $1,078,854,176 Ongoing Operation Inputs
Industry NAICS Category
Approximate Inputs
(Employment Change)
470 - Office administrative services 634 Jobs
412 - Retail - Miscellaneous store retailers 2,305 Jobs 422 - Warehousing and storage 4,182 Jobs
448 - Tenant-occupied housing 205 Jobs
507 - Hotels and motels, including casino hotels 114 Jobs 3/21/2022

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Appendix D: Rancho Cucamonga EIFD - Fiscal Impact Analysis DRAFT Summary of IMPLAN Economic Benefits
Economic Benefits from Construction (One-Time / Short-Term) Employment Labor Income Economic Output
Direct (On-Site) 53,072 $3,590,719,145 $5,596,502,532
Indirect 4,416 $233,897,654 $705,771,484
Induced 11,965 $556,461,858 $1,812,629,755
Total Countywide 69,452 $4,381,078,657 $8,114,903,770
Estimated City Capture 53,891 $3,630,237,121 $5,722,422,594 Economic Benefits from Ongoing Operation (Annual)
Employment Labor Income Economic Output
Direct (On-Site) 7,440 $323,914,005 $757,152,868
Indirect 1,411 $66,532,298 $202,224,372
Induced 1,163 $54,129,137 $176,526,832
Total Countywide 10,015 $444,575,439 $1,135,904,072
Estimated City Capture 7,569 $329,947,077 $776,090,428
Notes
100% of direct benefits estimated to be captured on-site within the City. 5% of indirect and induced benefits estimated to be captured off-site within the City.

Estimated ongoing benefits upon build-out and stabilization. 3/21/2022

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RESOLUTION NO. FD 2022-011

A RESOLUTION OF THE RANCHO CUCAMONGA FIRE PROTECTION

DISTRICT BOARD OF DIRECTORS APPROVING THE INFRASTRUCTURE

FINANCING PLAN FOR THE RANCHO CUCAMONGA ENHANCED

INFRASTRUCTURE FINANCING DISTRICT AND THE ALLOCATION OF THE FIRE PROTECTION DISTRICT’S INCREMENTAL PROPERTY TAX REVENUE

WITHIN THE RANCHO CUCAMONGA ENHANCED INFRASTRUCTURE

FINANCING DISTRICT PURSUANT TO GOVERNMENT CODE SECTIONS 53398.68 AND 53398.75
WHE
REAS, the California Legislature enacted California Government Code sections 53398.50 through 53398.88 (“EIFD Law”) authorizing cities and counties to form enhanced infrastructure financing districts within defined areas and use incremental property tax revenue generated from the growth in property taxes collected from within such districts to finance certain infrastructure and community benefit projects; and
WHE
REAS, in enacting the EIFD Law, the California Legislature found and determined that with the dissolution of redevelopment agencies, public benefits will accrue if local agencies are provided a means to finance certain public infrastructure and community benefit pr ojects authorized under the EIFD Law; and
WHE
REAS, on February 16, 2022, the City Council of the City of Rancho Cucamonga (“City Council”) adopted Resolution No. 2022-029 (“Resolution of Intention”), which initiated the process to establish the Rancho Cucamonga Enhanced Infrastructure Financing District (“Rancho Cucamonga EIFD”) pursuant to EIFD Law; and
WHE
REAS, pursuant to the Resolution of Intention, the City Council found that the Rancho Cucamonga EIFD is necessary for the area within the boundaries of the Rancho Cucamonga EIFD and the City of Rancho Cucamonga (“City”) and declared that, pursuant to the EIFD Law, if approved by resolution pursuant to Government Code Section 53398.68, incremental property tax revenue from the City within the Rancho Cucamonga EIFD may be used to finance the activities described in the Resolution of Intention; and WHE
REAS, pursuant to the Resolution of Intention, the City Council established the Rancho Cucamonga EIFD Public Financing Authority (“PFA”) to serve as the governing board of the Rancho Cucamonga EIFD; and
WH
EREAS, on March 8, 2022, pursuant to Government Code Section 53398.63, the PFA directed the Executive Director of the PFA to prepare a draft Infrastructure Financing Plan (“IFP”) for the Rancho Cucamonga EIFD, which IFP is attached hereto as “Exhibit A” and is available for inspection at Rancho Cucamonga City Hall, 10500 Civic Center Drive, Rancho Cucamonga, CA, 91730; and
ATTACHMENT 2

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WHEREAS, the IFP, among other things, includes a description of the public f acilities to be financed by the Rancho Cucamonga EIFD and a financing section that includes, among other things, a specification of the maximum portion of the incremental tax revenue of the City and of the Rancho Cucamonga Fire Protection District (“Distri ct”) proposed to be committed to the Rancho Cucamonga EIFD for each year during which the Rancho Cucamonga EIFD will receive incremental tax revenue, and a projection of the amount of tax revenues expected to be received by the Rancho Cucamonga EIFD in eac h year during which the Rancho Cucamonga EIFD will receive tax revenues, including an estimate of the amount of tax revenues attributable to the City and to the District for each year; and

WHEREAS, on February 16, 2022, the Board adopted Resolution No. FD2022-003 declaring that the District intends to participate in the Rancho Cucamonga EIFD as described in the Resolution of Intention as a taxing entity providing that the Board approved the IFP at a later date; and

WHEREAS, on April 13, 2022, pursuant to Government Code Section 53398.63, the Planning Commission of the City of Rancho Cucamonga adopted Resolution No. 22- 08, finding that the facilities to be financed pursuant to the IFP are consistent with the Rancho Cucamonga General Plan; and

WHEREAS, on April 5, 2022, the PFA held a public meeting to present the IFP and on May 10, 2022, the PFA held a public hearing to consider oral and written comments to the IFP; and

WHEREAS, the Board now desires to adopt this Resolution pursuant to Government Code Section 53398.68 to approve the IFP, substantially in the form prepared by the Executive Director of the PFA, including the allocation of incremental tax revenue of the District in accordance with Government Code Section 53398.75 as set forth in the IFP;

NOW, THEREFORE, the Board of Directors of the Rancho Cucamonga Fire Protection District hereby resolves as follows:

Section 1. The facts set forth in the Recitals of this Resolution are true and correct.

Section 2. The Board hereby approves the IFP for the Rancho Cucamonga EIFD substantially in the form presented to the Board and attached hereto as “Exhibit A”, including, but not limited to, the specification of the maxim um portion of the incremental tax revenue of the District to be committed to the Rancho Cucamonga EIFD for each year during which the Rancho Cucamonga EIFD will receive incremental tax revenue.

Section 3. The District Secretary and all other officers and agents of the District , are hereby authorized and directed to take all actions necessary or advisable to give effect to the transactions contemplated by this Resolution.

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Section 4. This Resolution shall take effect immediately u pon its adoption by the Board and the District Secretary shall cause a copy thereof to be forwarded to the PFA.

Section 5. The District Secretary District shall certify to the adoption of this Resolution.

PASSED, APPROVED AND ADOPTED this 18th Day of MAY, 2022:

________________________________
L. Dennis Michael, President

ATTEST: ____________________________________
Janice C. Reynolds, District Secretary

I, Janice C. Reynolds, District Secretary, Rancho Cucamonga Fire Protection District, do hereby certify that the foregoing Resolution was passed at a regular meeting of the Board of Directors of the Rancho Cucamonga Fire Protection District held on the 18t h day of May, 2022, by the following vote:

AYES: BOARD MEMBERS:

NOES: BOARD MEMBERS:

ABSENT: BOARD MEMBERS:

ABSTAINED: BOARD MEMBERS:

Executed on this 18th day of May, 2022 at Rancho Cucamonga, California

ATTEST:
____________________________________
Janice C. Reynolds, Clerk

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Exhibit A
Infrastructure Financing Plan of the Rancho Cucamonga Enhanced Infrastructure Financing District

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CITY OF RANCHO CUCAMONGA ENHANCED

INFRASTRUCTURE FINANCING DISTRICT

INFRASTRUCTURE FINANCING PLAN

APRIL 2022

Prepared By:

Prepared For:

The City of Rancho Cucamonga

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Rancho Cucamonga EIFD
Proposed Infrastructure Financing Plan
April 2022

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Table of Contents

S e c t i o n Page

1.0 Introduction .............................................................................................................. ............ 3

2.0 Description of the Proposed District ..................................................................................... 7

3.0 Description of Proposed Facilities and Development ........................................................... 8

4.0 Finding of Communitywide Significance ............................................................................ 12

5.0 Financing Section ............................................................................................................... 13

6.0 Removal of Dwelling Units and Replacement Housing Plan .............................................. 18

7.0 Goals of the District ..................................................................................................... ....... 19

8.0 Appendices ................................................................................................................ ........ 20

Index of Appendices
Appendix A: Map of Boundaries of the Rancho Cucamonga EIFD (draft / placeholder) Appendix B: Legal Description of the Rancho Cucamonga EIFD (draft / placeholder) Appendix C: Projected Tax Increment Revenue Analysis
Appendix D: Fiscal Impact Analysis
Appendix E: City General Plan Environmental Impact Report

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Proposed Infrastructure Financing Plan
April 2022

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1.0 Introduction

1.1 Background & Purpose
Background. Pursuant to its Resolution No. 2022-029, which was adopted by the City Council of the City of Rancho Cucamonga on February 16, 2022 (the “Resolution of Intention”) and Part 1 of Division 2 of Title 5 of the California Government Code (the “EIFD Law”), the City Council of the City of Rancho Cucamonga (the “City”) declared its intention to establish the Rancho Cucamonga Enhanced Infrastructure Financing District (“Rancho Cucamonga EIFD” or “District”).

Pursuant to the same Resolution No. 2022-029, which was adopted by the City Council on February 16, 2022, the City Council of the City established the “Rancho Cucamonga EIFD Public Financing Authority” (“PFA”) as the governing body of the Rancho Cucamonga EIFD.

Pursuant to its Resolution No. FD 2022-003, which was adopted by the Board of Directors of the Rancho Cucamonga Fire Protection District on February 16, 2022 and the EIFD Law, the Rancho Cucamonga Fire Protection District (“Fire Distri ct”) declared its intention to participate in the Rancho Cucamonga EIFD and newly formed PFA.

At its inaugural meeting on March 8, 2022, the PFA directed its Executive Director, who is the City Manager of the City, to prepare an infrastructure financing plan (“IFP”) for the Rancho Cucamonga EIFD.

Purpose of the Rancho Cucamonga EIFD. The Rancho Cucamonga EIFD is intended to serve as a catalyst for private sector investment and critical public infrastructure with transformative potential for the Rancho Cucamonga EIFD area and the City as a whole. The Rancho Cucamonga EIFD encompasses approximately 1,500 acres of land, representing approximately 6.0% of the total approximately 25,677 acres in the City limits. The Rancho Cucamonga EIFD includes various non-contiguous, largely undeveloped or underdeveloped parcels with significant potential for new development and/or rehabilitation. These areas were chosen based on their capacity to benefit from catalytic infrastructure improvements with communitywide significance and regional benefit.

1.2 Contents and Overview of this Infrastructure Financing Plan (“IFP”) Pursuant to Government Code Sections 53398.59 through 53398.74, this IFP includes the following information:
a) A map and legal description of the District, included herein as Appendix A and Appendix B, respectively.

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Proposed Infrastructure Financing Plan
April 2022

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b) A description of the public facilities and other forms of development or financial assistance that is proposed in the area of the District, including those to be provided by the private sector, those to be provided by governmental entities without assistance from the District, those public improvements and facilities to be financed with assistance from the proposed District, and those to be provided jointly. The description includes the proposed location, timing, and costs of the development and financial assistance. This information is included in Section 3 of this IFP.
c) A finding that the development and financial assistance are of communitywide significance and provide significant benefits to an area larger than the area of the District.

This information is included in Section 4 of this IFP.
d) A financing section (included in Section 5 of this IFP) , which contains all of the following information:
1) A specification of the maximum portion of the incremental tax revenue of the City and Fire District proposed to be committed to the District for each year during which the District will receive incremental tax revenue. The portion may change over time. Section 5.1 and Table 3 of this IFP details the maximum portion of the incremental property tax revenue of the City and Fire District proposed to be committed to the District throughout the duration of the District lifetime, which is projected to be forty-five (45) years
from the date on which the issuance of bonds
is approved by the PFA. In summary, the maximum portion of the City’s property tax increment is 100% for initial years following formation of the District, decreasing in a gradual manner to approximately 9% at District termination. The maximum portion of the Fire District’s property tax increment is 80% for initial years following formation of the District, decreasing in a gradual manner to approximately 5% at District termination. The proposed contribution scenario is intended to focus on funding debt service for bonds issued approximately four to six years following District formation, as well as maintenance of funded infrastructure improvements.
2) A projection of the amount of tax revenues expected to be received by the District in each year during which the District will receive tax revenues. Section 5.2 and Table 3 of this IFP includes a projection of tax revenues to be received by the District by year over the course of the District’s lifetime, as described in the previous paragraph. These projections are based on research and analysis of available data at the time of IFP preparation for purposes of illustration. Actual results may differ from those expressed in this document. Appendix C provides additional detail for the projected revenue analysis. See paragraph 5 below for the Rancho Cucamonga EIFD termination date.

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Proposed Infrastructure Financing Plan
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3) A plan for financing the public facilities to be assisted by the District, including a detailed description of any intention to incur debt. Section 5.4 of this IFP includes a plan for financing the public facilities to be assisted by the District. The PFA intends to incur debt only when it is financially prudent to do so. It is estimated at this time that the Rancho Cucamonga EIFD will provide funding for approximately $100 million (in present value dollars) of public improvement costs from a combination of tax increment bond or loan proceeds (multiple issuances may be necessary) and pay-as-you-go tax increment funding over the District lifetime.

4) A limit on the total number of dollars of taxes that may be allocated to the District pursuant to the plan. The total number of dollars of taxes that may be allocated to the District shall not exceed $500,000,000 in nominal dollars. 5) A date on which the District will cease to exist, by which time all tax allocation to the district will end. The date shall not be more than 45 years from the date on which the issuance of bonds is approved pursuant to subdivision (a) of Section 53398.81, or the issuance of a loan is approved by the governing board of a local agency pursuant to Section 53398.87. The District will cease to exist on the earlier of: (i) forty-five (45) years from the date on which the issuance of bonds is approved by the PFA, or (ii) June 30, 2072. This IFP assumes that the District will be formed in Fiscal Year 2021-2022 and will begin receiving tax revenues in Fiscal Year 2022-2023.
6) An analysis of the costs to the City of providing facilities and services to the area of the District while the area is being developed and after the area is developed.

The plan shall also include an analysis of the tax, fee, charge, and other revenues expected to be received by the City as a result of expected development in the area of the District. Appendix D to this IFP includes, as part of the Fiscal Impact Analysis, an analysis of the costs to the City for providing facilities and services to the area of the District. Appendix D also includes an analysis of the tax, fee, charge, and other revenues expected to be received by the City as a result of expected development in the area of the District. It is estimated that, at Year 20 of the District lifetime (assumed stabilized buildout of the District area), annual costs to the City will be approximately $20.2 million and annual revenues are approximately $25.5 million. Additionally, annual costs to the Fire District at Year 20 are estimated at $4.6 million and annual revenues are approximately $5.8 million.
7) An analysis of the projected fiscal impact of the District and the associated development upon the City and the Fire District. Appendix D to this IFP includes an analysis of the projected fiscal impac t of the District and the associated development upon the City and the Fire District, as the only affected taxing entities that are contributing tax increment revenues to the District at this time. It is

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estimated that, at Year 20 of the District lifetime, the District area will generate an annual net fiscal surplus of approximately $5.3 million to the City and an annual net fiscal surplus of approximately $1.2 million to the Fire District. 8) A plan for financing any potential costs that may be incurred by reimbursing a developer of a project that is both located entirely within the boundaries of that District and qualifies for the Transit Priority Project Program, pursuant to Section 65470, including any permit and affordable housing expenses related to the project. At this time, the PFA does not intend to finance any potential costs that may be incurred by reimbursing a developer of a project that is both located entirely within the boundaries of the District and qualifies for the Transit Priority Project Program, pursuant to Section 65470.
e) If any dwelling units within the territory of the District are proposed to be removed or destroyed in the course of public works construction within the area of the district or private development within the area of the district that is subject to a written agreement with the District or that is financed in whole or in part by the District, a plan providing for replacement of those units and relocation of those persons or families consistent with the requirements of Section 53398.56. The PFA does not anticipate that any housing units will be removed as a result of any project identified in this IFP. However, if any relocation of dwelling units is deemed to be required in the future for a project financed by the District, the PFA will comply with the requirements of Government Code Section 53398.56.
f) The goals the District proposes to achieve for each project financed pursuant to Section 53398.52. Section 7 of this IFP summarizes the goals of each project to be financed by the District.

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2.0 Description of the Proposed District

The Rancho Cucamonga EIFD encompasses approx imately 1,500 acres of land, representing approximately 6.0% of the total approximately 25,677 acres within the City limits. The Rancho Cucamonga EIFD includes various non-contiguous, largely undeveloped or underdeveloped parcels with significant potential for new development and/or rehabilitation. These areas were chosen based on their capacity to benefit from ca talytic infrastructure improvements with communitywide significance and regional benefit.

Land use designations in the District primarily include residential, commercial / hotel / retail / office, industrial, and several public use parcels. Appendix A includes a map of the proposed District, and Appendix B is a legal description of the District.

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3.0 Description of Proposed Facilities
and Development

3.1 Anticipated Future Private Development
Anticipated future private development within the Rancho Cucamonga EIFD is summarized in Table 1 below, with greater detail provided in Appendix C. Buildout and absorption of these land uses are forecasted in the first 20 years of the District lifetime.

Table 1: Anticipated Future Private Development
Development Type SF / Units AV Per SF / Unit
Estimated AV at
Buildout
(2022 Nominal
Value)
For-sale Residential 1,514 units $618,074 per unit $936 million Rental Residential 10,253 units $317,440 per unit $3.255 billion Commercial / Retail 922,000 SF $274 PSF $253 million
Office 222,000 SF $211 PSF $47 million
Industrial 6,272,400 SF $172 PSF $1.079 billion
Hotel 171 rooms $162,000 per room $28 million
Estimated Total

$5.597 billion
Source: City of Rancho Cucamonga Planning and Economic Development Staff, CoStar Property (2022)

3.2 Public Facilities to be Financed with Assistance from the Rancho Cucamonga EIFD The EIFD Law authorizes the Rancho Cucamonga EIFD to finance the purchase, construction, expansion, improvement, seismic retrofit, or rehabilitation of any real or other tangible property with an estimated useful life of 15 years or longer, if they are of communitywide significance and provide significant benefits to the Rancho Cucamonga EIFD or the surrounding community.

The PFA intends to utilize the District to fund infrastructure projects of communitywide significance that provide significant benefits to the region over the District lifetime. Table 2 identifies the targeted infrastructure improvements to receive EIFD funding over the District’s lifetime.

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Table 2: Potential Priority Projects for Receipt of EIFD Funding # PROJECT ESTIMATED
COST

ESTIMATED
TIMING
1 Parking infrastructure and related improvements
between Haven Avenue and Day Creek Boulevard
along Foothill Corridor
$20-40 million 2028-2032
2 Transportation Connectivity Improvements linking
Cucamonga Station and Haven / Arrow focus area $40-60 million 2028-2032 Estimated Total Priority Projects $60-100 million

Additional expenditures by the Rancho Cucamonga EIFD, including any use of potential future EIFD bond proceeds, will be subject to approval by the PFA. Eligible expenditures in accordance with Government Code sections 53398.52 and 53398.56 include the purchase, construction, expansion, improvement, seismic retrofit, or rehabilitation of any real or other tangible property with an estimated useful life of 15 years or longer and are projects of communitywide significance that provide significant benefits to the district or the surrounding community. The Rancho Cucamonga EIFD may also finance the ongoing or capitalized costs to maintain public capital facilities financed in whole or in part by the Rancho Cucamonga EIFD. Facilities funded may be located outside the boundaries of the Rancho Cucamonga EIFD, as long as they have a tangible connection to the work of the Rancho Cucamonga EIFD. The Rancho Cucamonga EIFD will also finance planning and design activities that are directly related to the purchase, construction, expansion, or rehabilitation of these projects. Projects financed by the Rancho Cucamonga EIFD may include, but not be limited to, all of the following:
 Highways, interchanges, and ramps;
 Bridges;
 Arterial streets;
 Parking facilities;
 Transit facilities;
 Parks, recreational facilities, and open space;
 Sewage treatment and water reclamation plants and interceptor pipes;  Facilities for the collection and treatment of water for urban uses;  Facilities for the transfer and disposal of solid waste, including transfer stations and vehicles;
 Storm water conveyance and collection facilities;
 Flood control levees and dams, retention basins, and drainage channels;  Child care facilities;
 Libraries;
 Broadband and telecommunications infrastructure;
 Sidewalks and streetscape improvements;
 Bicycle lanes and paths;
 Public art;

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 Corporation yards;
 Police facilities;
 Brownfield restoration and other environmental mitigation;  Affordable housing as authorized under the EIFD Law;
 Projects that implement a sustainable communities strategy and transit priority projects;  Acquisition, construction, or repair of industrial structures for private use;  Acquisition, construction, or repair of commercial structures by the small business occupant of such structures, if such acquisition, construction, or repair is for purposes of fostering economic recovery from the COVID-19 pandemic and of ensuring the long-term economic sustainability of small businesses;
 Projects that enable communities to adapt to the impacts of climate change, including, but not limited to, higher average temperatures, decreased air and water quality, the spread of infectious and vector-borne diseases, other public health impacts, extreme weather events, sea level rise, flooding, heat waves, wildfires, and drought;  Facilities in which nonprofit community organizations provide health, youth, homeless, and social services.

Other Expenses: In addition to the direct costs of the above facilities, the Rancho Cucamonga EIFD may finance the costs of planning and design work that is directly related to the purchase, construction, expansion or rehabilitation of property, including, but not limited to, the cost of environmental evaluation and engineering and surveying costs; environmental remediation costs; construction staking costs; utility relocation and demolition costs incidental to the construction of the facilities; costs of legal services; and costs of project/construction management.

In addition, the Rancho Cucamonga EIFD may finance any other expenses incidental to the formation, administration
1 and implementation of the Rancho Cucamonga EIFD and to the construction, completion, inspection and acquisition of the authorized facilities, including, but not limited to, the costs of creation and administration of the Rancho Cucamonga EIFD; costs of issuance of bonds or other debt of the Rancho Cucamonga EIFD or of any other public agency (including a community facilities district) that finances authorized facilities, and payment of debt service thereon; financing costs of improvements incurred by developers until reimbursement for the costs of the improvements from the Rancho Cucamonga EIFD; costs incurred by the City,

1 Administration costs refer to the actual or reasonably estimated costs directly related to the administration of the Rancho Cucamonga EIFD, including, but not limited to, the following: the costs of computing annual tax increment revenues and preparing the required annual reporting; the costs of allocation tax increment revenues (whether by the County, the City, or otherwise); the costs to the City, Rancho Cucamonga EIFD, or any designee thereof in complying with disclosure requirements; the costs associated with preparing required disclosure statements and responding to public inquiries regarding the Rancho Cucamonga EIFD; and the costs of the City, Rancho Cucamonga EIFD, or any designee thereof related to any appeal of the implementation of the Ranc ho Cucamonga EIFD. Administration costs shall also include amounts estimated or advanced by the City for any other administrative purposes, including, but not limited to, attorney’s fees or any other expenses incidental to the implementation of the Rancho Cucamonga EIFD.

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Fire District, or the Rancho Cucamonga EIFD in connection with the division of taxes pursuant to Government Code section 53398.75; and legal costs.

Targeted improvements would conform to established guidelines in adopted planning documentation, such as the City General Plan.

The PFA intends to continue to identify, evaluate, and pursue additional funding sources and financing mechanisms aside from District tax increment to implement the improvements identified above, potentially including grant sources, complementary district formation (e.g., Mello-Roos Community Facilities District), impact fees, private sector investment incentivized by the formation of the Rancho Cucamonga EIFD itself, and/or other sources.

Private sector developers will be responsible for funding project-specific / fair-share / in-tract infrastructure. Some public facilities included in the Rancho Cucamonga EIFD area are anticipated to be provided by governmental entities without assistance from the District. There are no public facilities anticipated to be provided jointly by the private sector and governmental entities; however, it is possible that private sector developers may advance funding for improvements, and those advances may be partially reimbursed with EIFD proceeds. Such case- specific agreements would come before the PFA for approval at the appropriate time.

In accordance with Government Code Section 53398.69, the Rancho Cucamonga EIFD may expend up to 10 percent of any accrued tax increment in the first two years of the effective date of the Rancho Cucamonga EIFD on planning and dissemination of information to the residents within the Rancho Cucamonga EIFD boundaries about the IFP and planned activities to be funded by the Rancho Cucamonga EIFD, including reimbursement of the City’s advanced funding of such eligible costs.

In addition, in accordance with Government Code Section 53398.76, costs incurred by the County of San Bernardino in connection with the division of taxes for the Rancho Cucamonga EIFD are eligible to be paid by the Rancho Cucamonga EIFD.

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4.0 Finding of Communitywide
Significance

Implementation of the District promotes the goals of and is consistent with the City’s General Plan, facilitates implementation of regional connectivity through various modes of transportation, and provides the infrastructure foundation for the development of critically needed housing in the community and greater region.

The District supports job creation, housing production, improvement of quality of life, and promotion of environmental sustainability.

Specific communitywide and regional benefits anticipated to be generated by the District include:
 Approx. $146 million in net fiscal impact to the City over 50 years (on a present-value basis)
 Approx. $57 million in net fiscal impact to the Fire District over 50 years (on a present- value basis)
 Approx. 11,767 housing units within the District upon buildout and stabilization  69,452 direct, indirect, and induced temporary, construction-related job-years 2 in the City
and County
 7,440 direct, permanent jobs in the City upon buildout and stabilization  2,575 additional indirect and induced permanent jobs in the City and County (total of 10,015 direct, indirect, and induced jobs) upon buildout and stabilization  $8.115 billion in economic output from construction in the City and County  $1.136 billion in annual ongoing economic output in the City and County upon buildout and stabilization.

2 A job-year is defined as one year of employment for one employee. Over a 20-year construction period, 69,452 job-years translates into approximately 3,473 annual average jobs.

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5.0 Financing Section

Projections included in this IFP are based on research and analysis of available data at the time of IFP for purposes of planning and illustration. Actual results may differ from those expressed in this document.

Aside from the City and Fire District, no other taxing entity is allocating property tax increment to the District at this time. It is anticipated that property tax increment will be utilized on both a “pay- as-you-go” basis as well as security for tax increment bond issuance or loan acquisition.

Definition of Tax Increment. For purposes of clarity, the phrases “tax increment,” “incremental property tax” and “incremental tax revenue”, as used in this IFP and the EIFD Law, refer to the portion of future property tax revenue described in Section 53398.75(a)(2) of the EIFD Law, i.e., the difference between (A) and (B) in the following formula:

(A) the taxes that would be produced by the rate upon which the tax is levied each year during the term of the Rancho Cucamonga EIFD upon the total sum of the assessed value of the taxable property in the EIFD in each such year minus

(B) the taxes that would be produced by the rate upon which the tax is levied upon the total sum of the assessed value of the taxable property in the Rancho Cucamonga EIFD as shown upon the last equalized roll prior to the effective date of the resolution adopted pursuant to Section 53398.69 of the EIFD Law to create the Rancho Cucamonga EIFD.

In the case of the Rancho Cucamonga EIFD, the resolution adopted pursuant to Section 53398.69 was [is expected to be] adopted on July 19, 2022, and the last equalized roll prior to the effective date of that resolution is the roll for Fiscal Year 2021-2022. Fiscal Year 2021-22 is referred to as the “base year.” The assessed value of the taxable property shown in such last equalized roll is approximately $729 million. This value is referred to as the “base year value”.

Overlap with Boundaries of former Rancho Cucamonga Redevelopment Agency. The Rancho Cucamonga EIFD includes overlap with former Redevelopment Project Area boundaries of the former Rancho Cucamonga Redevelopment Agency, and so property tax revenues generated by the properties within the overlapping area will flow according to the Redevelopment Agency dissolution statutes until all of the Successor Agency’s obligations are retired and the Successor Agency is dissolved (currently anticipated by 2034). The City and Fire District anticipate allocating Redevelopment Property Tax Trust Fund (“RPTTF”) residual revenues to the District as part of the maximum allocations outlined in the following sections. As such, the exhibits included in this plan reflect such allocations.

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Where the District boundaries overlap with the boundaries of the former Redevelopment Project Area, any debt or obligation of a District shall be subordinate to any and all enforceable obligations of the former Redevelopment Agency, as approved by the Oversight Board and the Department of Finance.

5.1 Maximum Portion of Incremental Tax Revenue Dedicated to the District Table 3 details the maximum portion of the incremental property tax revenue of the City and Fire District proposed to be committed to the District throughout the duration of the District lifetime. In summary, the maximum portion of the City’s property tax increment is 100% for initial years following formation of the District, decreasing in a gradual manner to approximately 9% at District termination. The maximum portion of the Fire District’s property tax increment is 80% for initial years following formation of the District, decreasing in a gradual manner to approximately 5% at District termination. The proposed contribution scenario is intended to focus on funding debt service for bonds issued approximately four to six years following District formation, as well as maintenance of funded infrastructure improvements.

5.2 Projection of District Tax Revenues by Year
Table 3 provides an overview of the projected growth of assessed value, property tax increment, and City and Fire District allocations to the District over the District lifetime. It is expected that a total of approximately $255,688,000 of incremental tax revenues will be allocated to the District over the District lifetime (approximately $97,757,000 from the City and approximately $157,931,000 from the Fire District). These projections are based on research and analysis of available data at the time of IFP preparation for purposes of illustration. Actual results may differ from those expressed in this document. Appendix C provides additional detail for the projected revenue analysis.

5.3 Plan for Financing Public Facilities
The PFA intends to utilize numerous funding so urces and financing mechanisms to implement the improvements identified in Section 3.2, potentially including District tax increment, grant sources, complementary district formation (e.g ., Community Facilities District), impact fees, private sector investment incentivized by the formation of the Rancho Cucamonga EIFD itself, and/or other sources.

As it pertains to the use of District tax increment, the PFA intends to incur debt only when it is financially prudent to do so. It is estimated at this time that the Rancho Cucamonga EIFD will provide funding for approximately $100 million (in present value dollars) of public improvement costs from a combination of tax increment bond or loan proceeds (multiple issuances may be necessary) and pay-as-you-go tax increment funding over the District lifetime

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5.4 Limit on Total Dollars Allocated to the District
The total number of dollars of taxes that may be allocated to the District shall not exceed $500,000,000 in nominal dollars over the District lifetime.

The City hereby irrevocably allocates all of the City’s share of tax increment as characterized herein to the Rancho Cucamonga EIFD to the extent that: (i) the City’s share of increment is necessary to repay bonds, notes or related agreements or to meet contractual obligations that the Rancho Cucamonga EIFD is obligated to satisfy with Rancho Cucamonga EIFD tax increment, and (ii) prior to the PFA incurring an obligation under subsection (i), such bonds, notes, agreements or obligations shall be approved by the City Council.

5.5 District Termination Date
The District will cease to exist the earlier of: (i) forty five (45) years from the date on which the issuance of bonds is approved by the PFA, or (ii) June 30, 2072. This IFP assumes that the District will be formed in Fiscal Year 2021-2022 and will begin receiving tax revenues in Fiscal Year 2022- 2023.

5.6 Analysis of Costs to Provide Facilities and Services Appendix D to this IFP includes, as part of the Fiscal Impact Analysis, an analysis of the costs to the City for providing facilities and services to the area of the District while the area is being developed and after the area is developed. It is estimated that, at Year 20 of the District lifetime (assumed stabilized buildout of District area), annual costs to the City will be approximately $20.2 million to service the area of the District. Additionally, annual costs to the Fire District at Year 20 are estimated at $4.6 million.

5.7 Fiscal Impact Analysis
Appendix D to this IFP includes an analysis of the projected fiscal impact of the District and the associated development upon the City and the Fire District, as the only affected taxing entities that are allocating tax increment revenues to the District. Table 4 presents an overview of fiscal impacts to the City and Fire District. It is estimated that, at Year 20 of the District lifetime, the District area will generate an annual net fiscal surplus of approximately $5.3 million to the City and an annual net fiscal surplus of approximately $1.2 million to the Fire District. Over 50 years, it is estimated that District activity will generate a positive net fiscal impact of approximately $146 million for the City and approximately $57 million for the Fire District on a present-value basis.

This is in addition to the Community economic benefits outlined in Section 4 of this IFP (e.g., housing, jobs, mobility and connectivity, quality of life, environmental sustainability).

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Table 3: Projection of District Revenues by Year

Incremental
Assessed Value
Property Tax
Increment @
1% General
Levy
Average City
Share
Available
City
Increment
Available
Portion of
City Share
Allocated
City
Increment
Allocated
Average Fire
District Share
Available
Fire District
Increment
Available
Portion of
Fire Share
Allocated
Fire
Increment
Allocated
Total Taxes
Allocated to
EIFD
0 2021 / 2022 $0 $0 5.20% $0 100% $0 12.4% $0 80% $0 $0 1 2022 / 2023 $79,994,178 $799,942 5.20% $41,565 100% $41,565 12.4% $98,820 80% $79,056 $120,622 2 2023 / 2024 $1,460,958,382 $14,609,584 5.20% $759,118 100% $759,118 12.4% $1,804,788 80% $1,443,830 $2,202,948 3 2024 / 2025 $2,629,495,495 $26,294,955 5.20% $1,366,293 100% $1,366,293 12.4% $3,248,334 80% $2,598,667 $3,964,961 4 2025 / 2026 $3,843,897,932 $38,438,979 5.20% $1,997,300 100% $1,997,300 12.4% $4,748,540 80% $3,798,832 $5,796,133 5 20
26 / 2027 $5,123,419,002 $51,234,190 5.20% $2,662,143 100% $2,662,143 12.4% $6,329,190 80% $5,063,352 $7,725,495 6 2027 / 2028 $5,471,300,778 $54,713,008 5.20% $2,842,904 90% $2,558,613 12.4% $6,758,944 70% $4,731,261 $7,289,874 7 2028 / 2029 $5,830,756,681 $58,307,567 5.20% $3,029,678 90% $2,726,710 12.4% $7,202,996 70% $5,042,097 $7,768,808 8 2029 / 2030 $6,202,110,524 $62,021,105 5.20% $3,222,634 90% $2,900,371 12.4% $7,661,746 70% $5,363,222 $8,263,593 9 2030 / 2031 $6,585,694,440 $65,856,944 5.20% $3,421,946 90% $3,079,751 12.4% $8,135,605 70% $5,694,923 $8,774,675 10 2031 / 2032 $6,981,849,092 $69,818,491 5.20% $3,627,789 90% $3,265,010 12.4% $8,624,993 70% $6,037,495 $9,302,505 11 2032 / 2033 $7,136,074,915 $71,360,749 5.20% $3,707,925 80% $2,966,340 12.4% $8,815,515 60% $5,289,309 $8,255,649 12 2033 / 2034 $7,293,385,254 $72,933,853 5.20% $3,789,664 80% $3,031,731 12.4% $9,009,847 60% $5,405,908 $8,437,639 13 2034 / 2035 $7,453,841,799 $74,538,418 5.20% $3,873,038 80% $3,098,430 12.4% $9,208,066 60% $5,524,840 $8,623,270 14 2035 / 2036 $7,617,507,476 $76,175,075 5.20% $3,958,079 80% $3,166,463 12.4% $9,410,250 60% $5,646,150 $8,812,613 15 2036 / 2037 $7,784,446,466 $77,844,465 5.20% $4,044,821 80% $3,235,857 12.4% $9,616,477 60% $5,769,886 $9,005,743 16 2037 / 2038 $7,954,724,236 $79,547,242 5.20% $4,133,298 70% $2,893,308 12.4% $9,826,829 50% $4,913,414 $7,806,723 17 2038 / 2039 $8,128,407,561 $81,284,076 5.20% $4,223,544 70% $2,956,481 12.4% $10,041,388 50% $5,020,694 $7,977,175 18 2039 / 2040 $8,305,564,553 $83,055,646 5.20% $4,315,595 70% $3,020,917 12.4% $10,260,238 50% $5,130,119 $8,151,036 19 2040 / 2041 $8,486,264,685 $84,862,647 5.20% $4,409,488 70% $3,086,641 12.4% $10,483,465 50% $5,241,732 $8,328,374 20 2041 / 2042 $8,670,578,819 $86,705,788 5.20% $4,505,258 70% $3,153,680 12.4% $10,711,156 50% $5,355,578 $8,509,259 21 2042 / 2043 $8,858,579,236 $88,585,792 5.20% $4,602,943 60% $2,761,766 12.4% $10,943,402 40% $4,377,361 $7,139,127 22 2043 / 2044 $9,050,339,661 $90,503,397 5.20% $4,702,583 60% $2,821,550 12.4% $11,180,292 40% $4,472,117 $7,293,666 23 2044 / 2045 $9,245,935,295 $92,459,353 5.20% $4,804,215 60% $2,882,529 12.4% $11,421,920 40% $4,568,768 $7,451,297 24 2045 / 2046 $9,445,442,842 $94,454,428 5.20% $4,907,879 60% $2,944,728 12.4% $11,668,381 40% $4,667,352 $7,612,080 25 2046 / 2047 $9,648,940,539 $96,489,405 5.20% $5,013,617 60% $3,008,170 12.4% $11,919,771 40% $4,767,908 $7,776,079 26 2047 / 2048 $9,856,508,190 $98,565,082 5.20% $5,121,470 50% $2,560,735 12.4% $12,176,188 30% $3,652,856 $6,213,592 27 2048 / 2049 $10,068,227,195 $100,682,272 5.20% $5,231,480 50% $2,615,740 12.4% $12,437,734 30% $3,731,320 $6,347,060 28 2049 / 2050 $10,284,180,579 $102,841,806 5.20% $5,343,690 50% $2,671,845 12.4% $12,704,511 30% $3,811,353 $6,483,198 29 2050 / 2051 $10,504,453,032 $105,044,530 5.20% $5,458,144 50% $2,729,072 12.4% $12,976,624 30% $3,892,987 $6,622,059 30 2051 /
2052 $10,729,130,933 $107,291,309 5.20% $5,574,887 50% $2,787,444 12.4% $13,254,178 30% $3,976,254 $6,763,697 31 2052 / 2053 $10,958,302,392 $109,583,024 5.20% $5,693,965 40% $2,277,586 12.4% $13,537,284 20% $2,707,457 $4,985,043 32 2053 / 2054 $11,192,057,280 $111,920,573 5.20% $5,815,425 40% $2,326,170 12.4% $13,826,052 20% $2,765,210 $5,091,381 33 2054 / 2055 $11,430,487,267 $114,304,873 5.20% $5,939,314 40% $2,375,726 12.4% $14,120,596 20% $2,824,119 $5,199,845 34 2055 / 2056 $11,673,685,853 $116,736,859 5.20% $6,065,681 9% $545,911 12.4% $14,421,030 5% $721,051 $1,266,963 35 2056 / 2057 $11,921,748,410 $119,217,484 5.20% $6,194,575 9% $557,512 12.4% $14,727,473 5% $736,374 $1,293,885 36 2057 / 2058 $12,174,772,219 $121,747,722 5.20% $6,326,047 9% $569,344 12.4% $15,040,044 5% $752,002 $1,321,346 37 2058 / 2059 $12,432,856,504 $124,328,565 5.20% $6,460,148 9% $581,413 12.4% $15,358,867 5% $767,943 $1,349,357 38 2059 / 2060 $12,696,102,475 $126,961,025 5.20% $6,596,931 9% $593,724 12.4% $15,684,067 5% $784,203 $1,377,927 39 2060 / 2061 $12,964,613,365 $129,646,134 5.20% $6,736,450 9% $606,281 12.4% $16,015,771 5% $800,789 $1,407,069 40 2061 / 2062 $13,238,494,473 $132,384,945 5.20% $6,878,760 9% $619,088 12.4% $16,354,108 5% $817,705 $1,436,794 41 2062 / 2063 $13,517,853,203 $135,178,532 5.20% $7,023,915 9% $632,152 12.4% $16,699,213 5% $834,961 $1,467,113 42 2063 / 2064 $13,802,799,107 $138,027,991 5.20% $7,171,974 9% $645,478 12.4% $17,051,219 5% $852,561 $1,498,039 43 2064 / 2065 $14,093,443,930 $140,934,439 5.20% $7,322,994 9% $659,069 12.4% $17,410,266 5% $870,513 $1,529,583 44 2065 / 2066 $14,389,901,649 $143,899,016 5.20% $7,477,034 9% $672,933 12.4% $17,776,493 5% $888,825 $1,561,758 45 2066 / 2067 $14,692,288,523 $146,922,885 5.20% $7,634,155 9% $687,074 12.4% $18,150,045 5% $907,502 $1,594,576 46 2067 / 2068 $15,000,723,134 $150,007,231 5.20% $7,794,419 9% $701,498 12.4% $18,531,069 5% $926,553 $1,628,051 47 2068 / 2069 $15,315,326,437 $153,153,264 5.20% $7,957,888 9% $716,210 12.4% $18,919,712 5% $945,986 $1,662,196 48 2069 / 2070 $15,636,221,807 $156,362,218 5.20% $8,124,626 9% $731,216 12.4% $19,316,129 5% $965,806 $1,697,023 49 2070 / 2071 $15,963,535,083 $159,635,351 5.20% $8,294,699 9% $746,523 12.4% $19,720,474 5% $986,024 $1,732,547 50 2071 / 2072 $16,297,394,626 $162,973,946 5.20% $8,468,173 9% $762,136 12.4% $20,132,905 5% $1,006,645 $1,768,781 $4,901,246,175 $254,670,163 38% $97,757,347 $605,473,006 26% $157,930,876 $255,688,223 $2,127,176,505 $110,528,704 51% $55,963,836 $262,779,691 36% $93,907,319 $149,871,155 City Contribution Fire District Contribution
Fiscal Year
Total
Present Value @ 3%

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Proposed Infrastructure Financing Plan
April 2022

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Table 4: Overview of Fiscal Impacts to City and Fire District

5.8 Developer Reimbursement for Transit Priority Project The PFA does not intend to finance any potential costs that may be incurred by reimbursing a developer of a project that is both located entirely within the boundaries of the District and qualifies for the Transit Priority Project Program, pursuant to Section 65470. To the extent that a developer is willing to fund Transit Priority Project infrastructure expenditures beyond and in advance of said developer’s fair share (not contemplated at this time), the PFA may consider and evaluate such reimbursement at the appropriate time.

Annual
(Stablized
Year 20)
Year 0-50
Nominal
Total
Year 0-50
Pres ent Value
@ 3.0%
City of Rancho Cucamonga
Estimated Fiscal Revenues (Net of Allocation of TI to EIFD) $25,486,770 $1,622,088,000 $651,158,500 Estimated Fiscal Expenditures $20,218,100 $1,257,660,100 $505,229,600 Estimated Net Fiscal Impact to City $5,268,670 $364,427,900 $145,928,900 Rancho Cucamonga Fire Protection District
Estimated Fiscal Revenues (Net of Allocation of TI to EIFD) $5,795,350 $463,975,600 $172,055,900 Estimated Fiscal Expenditures $4,613,300 $286,979,900 $115,294,800 Estimated Net Fiscal Impact to Fire District $1,182,050 $176,995,700 $56,761,100

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April 2022

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6.0 Removal of Dwelling Units and
Replacement Housing Plan

The PFA does not anticipate that any housing units will be removed as a result of any public works construction within the area of the District or private development within the area of the District that is subject to a written agreement with the District or that is financed in whole or in part by the District. However, if any relocation of dwelling units is deemed to be required in the future for a project financed by the District, the PFA will comply with the requirements of Government Code Section 53398.56.

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April 2022

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7.0 Goals of the District

As stated in the Resolution of Intention, the goal of the Rancho Cucamonga EIFD is to assist in the provision of public facilities of communitywide significance that provide significant benefits and promote economic development within the boundaries of the Rancho Cucamonga EIFD or the surrounding community and, for those facilities located outside the Rancho Cucamonga EIFD boundaries which also have a tangible connection to the Rancho Cucamonga EIFD.

More specifically, the goals of the District’s implementation of the public facilities outlined in Section 3.2 are to support the City’s General Plan, facilitate implementation of regional connectivity through various modes of transportation, and to provide the infrastructure foundation for the development of critically-needed housing in the community and greater region. The District additionally aims to implement Statewide policy goals of housing supply and sustainable infrastructure investment.

Additional objectives include economic development in the form of fiscal revenue generation for the City and other taxing entities, job creation, housing production, improvement of quality of life, and promotion of environmental sustainability. The District will be utilized to address critical infrastructure funding needs, which are are critical to catalyze private sector investment and development.

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April 2022

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8.0 Appendices

Appendix A: Map of Boundaries of the Rancho Cucamonga EIFD (draft / placeholder) Appendix B: Legal Description of the Rancho Cucamonga EIFD (draft / placeholder) Appendix C: Projected Tax Increment Revenue Analysis
Appendix D: Fiscal Impact Analysis
Appendix E: City General Plan Envionmental Impact Report

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APPENDIX C: Rancho Cucamonta EIFD - Projected Tax Increment Revenue Analysis DRAFT 0 1 2 3 4 5 6 7
Total 2021-2022 2023 2024 2025 2026 2027 2028 2029
New Development
Rental Residential 10,253 units 202 units 236 units 2,583 units 2,583 units 2,583 units 413 units 413 units $317,440 per unit $3,575,048,904 $65,405,338 $77,942,440 $870,022,578 $887,423,029 $905,171,490 $147,785,952 $150,741,671 For Sale Residential 1,514 units 832 units 67 units 67 units 67 units 96 units 96 units $618,074 per unit $1,017,912,094 $535,012,766 $44,164,275 $45,047,560 $45,948,512 $66,820,964 $68,157,384 Commercial / Retail 922,000 SF 22,000 SF 284,667 SF 284,667 SF 284,667 SF 9,200 SF 9,200 SF $274 PSF $274,362,823 $6,271,531 $82,772,809 $84,428,265 $86,116,831 $2,838,830 $2,895,607 Office 222,000 SF 22,000 SF 40,000 SF 40,000 SF
$211 PSF $54,292,954 $4,829,537 $9,504,811 $9,694,907
Hotel 171 units 71 units 100 units
$162,000 per unit $29,852,790 $11,966,681 $17,886,109
Industrial 6,272,408 SF 4,072,408 SF 700,000 SF 700,000 SF 700,000 SF 20,000 SF 20,000 SF $172 PSF $1,139,938,574 $728,752,525 $127,769,443 $130,324,832 $132,931,329 $3,873,999 $3,951,479 Subtotal Value Add $6,091,408,138 $65,405,338 $1,364,775,479 $1,124,729,105 $1,147,223,687 $1,188,054,270 $230,824,556 $235,441,047 Total Assessed Value $729,442,030 $809,436,208 $2,190,400,412 $3,358,937,525 $4,573,339,962 $5,852,861,032 $6,200,742,808 $6,560,198,711 Incremental AV $79,994,178 $1,460,958,382 $2,629,495,495 $3,843,897,932 $5,123,419,002 $5,471,300,778 $5,830,756,681 Total tax increment @ 1% $799,942 $14,609,584 $26,294,955 $38,438,979 $51,234,190 $54,713,008 $58,307,567 City Share Available 5.20% $254,670,163 $41,565 $759,118 $1,366,293 $1,997,300 $2,662,143 $2,842,904 $3,029,678 Percent Allocated to EIFD 100% 100% 100% 100% 100% 90% 90% Amount Allocated to EIFD $97,757,347 $41,565 $759,118 $1,366,293 $1,997,300 $2,662,143 $2,558,613 $2,726,710 Fire District Share Equivalent Available 12.35% $605,473,006 $98,820 $1,804,788 $3,248,334 $4,748,540 $6,329,190 $6,758,944 $7,202,996 Percent Allocated to EIFD 80% 80% 80% 80% 80% 70% 70%
Amount Allocated to EIFD $157,930,876 $79,056 $1,443,830 $2,598,667 $3,798,832 $5,063,352 $4,731,261 $5,042,097 Total Revenues Allocated to EIFD $255,688,223 $120,622 $2,202,948 $3,964,961 $5,796,133 $7,725,495 $7,289,874 $7,768,808 3/21/2022

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APPENDIX C: Rancho Cucamonta EIFD - Projected Tax Increment Revenue Analysis DRAFT Total
New Development
Rental Residential 10,253 units
$317,440 per unit $3,575,048,904
For Sale Residential 1,514 units
$618,074 per unit $1,017,912,094
Commercial / Retail 922,000 SF
$274 PSF $274,362,823
Office 222,000 SF
$211 PSF $54,292,954
Hotel 171 units
$162,000 per unit $29,852,790
Industrial 6,272,408 SF
$172 PSF $1,139,938,574
Subtotal Value Add $6,091,408,138
Total Assessed Value
Incremental AV
Total tax increment @ 1%
City Share Available 5.20% $254,670,163
Percent Allocated to EIFD
Amount Allocated to EIFD $97,757,347
Fire District Share Equivalent Available 12.35% $605,473,006 Percent Allocated to EIFD
Amount Allocated to EIFD $157,930,876
Total Revenues Allocated to EIFD $255,688,223
8 9 10 11 12 13 14 15
2030 2031 2032 2033 2034 2035 2036 2037
413 units 413 units 413 units
$153,756,504 $156,831,634 $159,968,267
96 units 96 units 96 units
$69,520,531 $70,910,942 $72,329,161
9,200 SF 9,200 SF 9,200 SF
$2,953,519 $3,012,589 $3,072,841
40,000 SF 40,000 SF 40,000 SF
$9,888,805 $10,086,581 $10,288,313
20,000 SF 20,000 SF 20,000 SF
$4,030,508 $4,111,118 $4,193,341
$240,149,868 $244,952,865 $249,851,923 $0 $0 $0 $0 $0
$6,931,552,554 $7,315,136,470 $7,711,291,122 $7,865,516,945 $8,022,827,284 $8,183,283,829 $8,346,949,506 $8,513,888,496 $6,202,110,524 $6,585,694,440 $6,981,849,092 $7,136,074,915 $7,293,385,254 $7,453,841,799 $7,617,507,476 $7,784,446,466 $62,021,105 $65,856,944 $69,818,491 $71,360,749 $72,933,853 $74,538,418 $76,175,075 $77,844,465 $3,222,634 $3,421,946 $3,627,789 $3,707,925 $3,789,664 $3,873,038 $3,958,079 $4,044,821 90% 90% 90% 80% 80% 80% 80% 80%
$2,900,371 $3,079,751 $3,265,010 $2,966,340 $3,031,731 $3,098,430 $3,166,463 $3,235,857 $7,661,746 $8,135,605 $8,624,993 $8,815,515 $9,009,847 $9,208,066 $9,410,250 $9,616,477 70% 70% 70% 60% 60% 60% 60% 60%
$5,363,222 $5,694,923 $6,037,495 $5,289,309 $5,405,908 $5,524,840 $5,646,150 $5,769,886 $8,263,593 $8,774,675 $9,302,505 $8,255,649 $8,437,639 $8,623,270 $8,812,613 $9,005,743 3/21/2022

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APPENDIX C: Rancho Cucamonta EIFD - Projected Tax Increment Revenue Analysis DRAFT Total
New Development
Rental Residential 10,253 units
$317,440 per unit $3,575,048,904
For Sale Residential 1,514 units
$618,074 per unit $1,017,912,094
Commercial / Retail 922,000 SF
$274 PSF $274,362,823
Office 222,000 SF
$211 PSF $54,292,954
Hotel 171 units
$162,000 per unit $29,852,790
Industrial 6,272,408 SF
$172 PSF $1,139,938,574
Subtotal Value Add $6,091,408,138
Total Assessed Value
Incremental AV
Total tax increment @ 1%
City Share Available 5.20% $254,670,163
Percent Allocated to EIFD
Amount Allocated to EIFD $97,757,347
Fire District Share Equivalent Available 12.35% $605,473,006 Percent Allocated to EIFD
Amount Allocated to EIFD $157,930,876
Total Revenues Allocated to EIFD $255,688,223
16 17 18 19 20 21 22 23
2038 2039 2040 2041 2042 2043 2044 2045
$0 $0 $0 $0 $0 $0 $0 $0
$8,684,166,266 $8,857,849,591 $9,035,006,583 $9,215,706,715 $9,400,020,849 $9,588,021,266 $9,779,781,691 $9,975,377,325 $7,954,724,236 $8,128,407,561 $8,305,564,553 $8,486,264,685 $8,670,578,819 $8,858,579,236 $9,050,339,661 $9,245,935,295 $79,547,242 $81,284,076 $83,055,646 $84,862,647 $86,705,788 $88,585,792 $90,503,397 $92,459,353 $4,133,298 $4,223,544 $4,315,595 $4,409,488 $4,505,258 $4,602,943 $4,702,583 $4,804,215 70% 70% 70% 70% 70% 60% 60% 60%
$2,893,308 $2,956,481 $3,020,917 $3,086,641 $3,153,680 $2,761,766 $2,821,550 $2,882,529 $9,826,829 $10,041,388 $10,260,238 $10,483,465 $10,711,156 $10,943,402 $11,180,292 $11,421,920 50% 50% 50% 50% 50% 40% 40% 40%
$4,913,414 $5,020,694 $5,130,119 $5,241,732 $5,355,578 $4,377,361 $4,472,117 $4,568,768 $7,806,723 $7,977,175 $8,151,036 $8,328,374 $8,509,259 $7,139,127 $7,293,666 $7,451,297 3/21/2022

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APPENDIX C: Rancho Cucamonta EIFD - Projected Tax Increment Revenue Analysis DRAFT Total
New Development
Rental Residential 10,253 units
$317,440 per unit $3,575,048,904
For Sale Residential 1,514 units
$618,074 per unit $1,017,912,094
Commercial / Retail 922,000 SF
$274 PSF $274,362,823
Office 222,000 SF
$211 PSF $54,292,954
Hotel 171 units
$162,000 per unit $29,852,790
Industrial 6,272,408 SF
$172 PSF $1,139,938,574
Subtotal Value Add $6,091,408,138
Total Assessed Value
Incremental AV
Total tax increment @ 1%
City Share Available 5.20% $254,670,163
Percent Allocated to EIFD
Amount Allocated to EIFD $97,757,347
Fire District Share Equivalent Available 12.35% $605,473,006 Percent Allocated to EIFD
Amount Allocated to EIFD $157,930,876
Total Revenues Allocated to EIFD $255,688,223
24 25 26 27 28 29 30 31
2046 2047 2048 2049 2050 2051 2052 2053
$0 $0 $0 $0 $0 $0 $0 $0
$10,174,884,872 $10,378,382,569 $10,585,950,220 $10,797,669,225 $11,013,622,609 $11,233,895,062 $11,458,572,963 $11,687,744,422 $9,445,442,842 $9,648,940,539 $9,856,508,190 $10,068,227,195 $10,284,180,579 $10,504,453,032 $10,729,130,933 $10,958,302,392 $94,454,428 $96,489,405 $98,565,082 $100,682,272 $102,841,806 $105,044,530 $107,291,309 $109,583,024 $4,907,879 $5,013,617 $5,121,470 $5,231,480 $5,343,690 $5,458,144 $5,574,887 $5,693,965 60% 60% 50% 50% 50% 50% 50% 40%
$2,944,728 $3,008,170 $2,560,735 $2,615,740 $2,671,845 $2,729,072 $2,787,444 $2,277,586 $11,668,381 $11,919,771 $12,176,188 $12,437,734 $12,704,511 $12,976,624 $13,254,178 $13,537,284 40% 40% 30% 30% 30% 30% 30% 20%
$4,667,352 $4,767,908 $3,652,856 $3,731,320 $3,811,353 $3,892,987 $3,976,254 $2,707,457 $7,612,080 $7,776,079 $6,213,592 $6,347,060 $6,483,198 $6,622,059 $6,763,697 $4,985,043 3/21/2022

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APPENDIX C: Rancho Cucamonta EIFD - Projected Tax Increment Revenue Analysis DRAFT Total
New Development
Rental Residential 10,253 units
$317,440 per unit $3,575,048,904
For Sale Residential 1,514 units
$618,074 per unit $1,017,912,094
Commercial / Retail 922,000 SF
$274 PSF $274,362,823
Office 222,000 SF
$211 PSF $54,292,954
Hotel 171 units
$162,000 per unit $29,852,790
Industrial 6,272,408 SF
$172 PSF $1,139,938,574
Subtotal Value Add $6,091,408,138
Total Assessed Value
Incremental AV
Total tax increment @ 1%
City Share Available 5.20% $254,670,163
Percent Allocated to EIFD
Amount Allocated to EIFD $97,757,347
Fire District Share Equivalent Available 12.35% $605,473,006 Percent Allocated to EIFD
Amount Allocated to EIFD $157,930,876
Total Revenues Allocated to EIFD $255,688,223
32 33 34 35 36 37 38 39
2054 2055 2056 2057 2058 2059 2060 2061
$0 $0 $0 $0 $0 $0 $0 $0
$11,921,499,310 $12,159,929,297 $12,403,127,883 $12,651,190,440 $12,904,214,249 $13,162,298,534 $13,425,544,505 $13,694,055,395 $11,192,057,280 $11,430,487,267 $11,673,685,853 $11,921,748,410 $12,174,772,219 $12,432,856,504 $12,696,102,475 $12,964,613,365 $111,920,573 $114,304,873 $116,736,859 $119,217,484 $121,747,722 $124,328,565 $126,961,025 $129,646,134 $5,815,425 $5,939,314 $6,065,681 $6,194,575 $6,326,047 $6,460,148 $6,596,931 $6,736,450 40% 40% 9% 9% 9% 9% 9% 9%
$2,326,170 $2,375,726 $545,911 $557,512 $569,344 $581,413 $593,724 $606,281 $13,826,052 $14,120,596 $14,421,030 $14,727,473 $15,040,044 $15,358,867 $15,684,067 $16,015,771 20% 20% 5% 5% 5% 5% 5% 5%
$2,765,210 $2,824,119 $721,051 $736,374 $752,002 $767,943 $784,203 $800,789 $5,091,381 $5,199,845 $1,266,963 $1,293,885 $1,321,346 $1,349,357 $1,377,927 $1,407,069 3/21/2022

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APPENDIX C: Rancho Cucamonta EIFD - Projected Tax Increment Revenue Analysis DRAFT Total
New Development
Rental Residential 10,253 units
$317,440 per unit $3,575,048,904
For Sale Residential 1,514 units
$618,074 per unit $1,017,912,094
Commercial / Retail 922,000 SF
$274 PSF $274,362,823
Office 222,000 SF
$211 PSF $54,292,954
Hotel 171 units
$162,000 per unit $29,852,790
Industrial 6,272,408 SF
$172 PSF $1,139,938,574
Subtotal Value Add $6,091,408,138
Total Assessed Value
Incremental AV
Total tax increment @ 1%
City Share Available 5.20% $254,670,163
Percent Allocated to EIFD
Amount Allocated to EIFD $97,757,347
Fire District Share Equivalent Available 12.35% $605,473,006 Percent Allocated to EIFD
Amount Allocated to EIFD $157,930,876
Total Revenues Allocated to EIFD $255,688,223
40 41 42 43 44 45 46 47
2062 2063 2064 2065 2066 2067 2068 2069
$0 $0 $0 $0 $0 $0 $0 $0
$13,967,936,503 $14,247,295,233 $14,532,241,137 $14,822,885,960 $15,119,343,679 $15,421,730,553 $15,730,165,164 $16,044,768,467 $13,238,494,473 $13,517,853,203 $13,802,799,107 $14,093,443,930 $14,389,901,649 $14,692,288,523 $15,000,723,134 $15,315,326,437 $132,384,945 $135,178,532 $138,027,991 $140,934,439 $143,899,016 $146,922,885 $150,007,231 $153,153,264 $6,878,760 $7,023,915 $7,171,974 $7,322,994 $7,477,034 $7,634,155 $7,794,419 $7,957,888 9% 9% 9% 9% 9% 9% 9% 9%
$619,088 $632,152 $645,478 $659,069 $672,933 $687,074 $701,498 $716,210 $16,354,108 $16,699,213 $17,051,219 $17,410,266 $17,776,493 $18,150,045 $18,531,069 $18,919,712 5% 5% 5% 5% 5% 5% 5% 5%
$817,705 $834,961 $852,561 $870,513 $888,825 $907,502 $926,553 $945,986 $1,436,794 $1,467,113 $1,498,039 $1,529,583 $1,561,758 $1,594,576 $1,628,051 $1,662,196 3/21/2022

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Appendix D: Rancho Cucamonga EIFD - Fiscal Impact Analysis DRAFT Overview of Fiscal Impacts Key Land Use Assumptions (Stabilized Year 25) Annual
(Stablized
Year 20)
Year 0-50
Nominal
Total
Year 0-50
Present Value
@ 3.0%
City of Rancho Cucamonga For-Sale Residential 1,514 DU
Estimated Fiscal Revenues (Net of Allocation of TI to EIFD) $25,486,770 $1,620,569,600 $650,817,300 Rental Residential 10,253 DU Estimated Fiscal Expenditures $20,218,100 $1,257,660,100 $505,229,600 Comm ercial / Retail 922,000 SF Estimated Net Fiscal Impact to City $5,268,670 $362,909,500 $145,587,700 Office 222,000 SF Industrial 6,272,408 SF
Rancho Cucamonga Fire Protection District Hotel 171 rooms Estimated Fiscal Revenues (Net of Allocation of TI to EIFD) $5,795,350 $462,129,400 $171,640,900 Estimated Fiscal Expenditures $4,613,300 $286,979,900 $115,294,800 Esti
mated Net Fiscal Impact to Fire District $1,182,050 $175,149,500 $56,346,100 Notes:

Assumes installation of necessary public infrastructure Values in 2022 dollars
Project Component
3/21/2022

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Appendix D: Rancho Cucamonga EIFD - Fiscal Impact Analysis DRAFT Summary of Estimated Fiscal Impacts to City and Fire Fund Stablized Year 5 Year 10 Year 15 Year 20 Year 25 Year 30 Year 40 Year 50 2027 2032 2037 2042 2047 2052 2062 2072
Stabilized
Escalation
Rate
Year 0-50
Nominal
Total
Year 0-50
Present Value @

3.0%
City of Rancho Cucamonga Revenues
Property Tax $2,865,700 $3,858,000 $4,259,500 $4,702,900 $5,192,400 $5,732,800 $6,988,200 $8,518,600 2.0% $262,298,600 $111,401,900 Property Tax Allocation to EIFD ($2,865,700) ($3,472,200) ($3,407,600) ($3,292,030) ($3,115,440) ($2,866,400) ($628,938) ($766,674) 2.0% ($102,186,800) ($57,115,000) Property Tax In-Lieu of MVLF $3,687,300 $4,983,700 $5,502,400 $6,075,100 $6,707,400 $7,405,512 $9,027,277 $11,004,201 2.0% $338,719,400 $143,809,700 Property Transfer Tax $177,600 $250,300 $276,400 $305,200 $336,900 $371,965 $453,423 $552,720 2.0% $17,015,400 $7,227,400 Sales and Use Tax - Direct / On-Site $4,210,900 $5,091,700 $5,902,700 $6,842,900 $7,932,700 $9,196,173 $12,358,888 $16,609,312 3.0% $428,828,800 $173,618,900 Sales and Use Tax - Indirect / Off-Site $2,113,600 $3,082,000 $3,572,800 $4,141,900 $4,801,600 $5,566,370 $7,480,736 $10,053,484 3.0% $257,590,400 $103,455,900 Transient Occupancy Tax $792,300 $918,500 $1,064,800 $1,234,400 $1,431,000 $1,658,921 $2,229,451 $2,996,196 3.0% $77,389,300 $31,349,600 Prop 172 Half Cent Sales Tax $145,500 $188,000 $218,000 $252,700 $293,000 $339,667 $456,484 $613,477 3.0% $15,792,700 $6,374,600 Franchise Fees $940,200 $1,366,300 $1,584,000 $1,836,300 $2,128,700 $2,467,747 $3,316,445 $4,457,025 3.0% $114,228,600 $45,891,600 Business Licenses (incl. penalties) $260,400 $338,000 $391,800 $454,200 $526,500 $610,358 $820,270 $1,102,374 3.0% $28,494,100 $11,558,100 Animal Licenses $35,200 $52,100 $60,400 $70,000 $81,200 $94,133 $126,507 $170,015 3.0% $4,351,500 $1,745,700 Fines and Forfeitures $124,700 $181,300 $210,200 $243,600 $282,400 $327,379 $439,970 $591,283 3.0% $15,154,400 $6,088,400 Use of Money and Property $192,900 $280,400 $325,000 $376,800 $436,800 $506,371 $680,520 $914,562 3.0% $23,439,600 $9,417,000 Charges for Services $453,000 $670,200 $776,900 $900,600 $1,044,100 $1,210,398 $1,626,674 $2,186,114 3.0% $55,956,600 $22,448,300 Intergovernmental $26,600 $38,700 $44,900 $52,000 $60,300 $69,904 $93,945 $126,255 3.0% $3,235,900 $1,300,100 Other Revenue $446,700 $649,200 $752,600 $872,400 $1,011,400 $1,172,490 $1,575,728 $2,117,647 3.0% $54,272,800 $21,804,200 Transfers In $213,900 $310,900 $360,400 $417,800 $484,300 $561,436 $754,524 $1,014,017 3.0% $25,988,300 $10,440,900 Estimated Total Revenues $13,820,800 $18,787,100 $21,895,200 $25,486,770 $29,635,260 $34,425,225 $47,800,106 $62,260,607 $1,620,569,600 $650,817,300 City of Rancho Cucamonga Expenditures
Police $5,829,900 $8,472,700 $9,822,200 $11,386,600 $13,200,200 $15,302,650 $20,565,481 $27,638,287 3.0% $708,336,100 $284,575,200 Non-departmental $546,000 $793,400 $919,800 $1,066,300 $1,236,200 $1,433,095 $1,925,959 $2,588,328 3.0% $66,335,200 $26,650,100 City Council $12,800 $18,600 $21,600 $25,000 $29,000 $33,619 $45,181 $60,720 3.0% $1,556,200 $625,200 City Management $100,500 $146,000 $169,300 $196,200 $227,500 $263,735 $354,438 $476,334 3.0% $12,207,800 $4,904,500 City Clerk $200 $300 $300 $400 $400 $464 $623 $838 3.0% $21,600 $8,700 Animal Care and Services $312,100 $461,700 $535,200 $620,500 $719,300 $833,866 $1,120,646 $1,506,054 3.0% $38,549,700 $15,465,100 Records Management $48,400 $70,300 $81,600 $94,500 $109,600 $127,056 $170,753 $229,478 3.0% $5,881,200 $2,362,800 Healthy RC Program $60,700 $89,800 $104,100 $120,700 $139,900 $162,182 $217,960 $292,920 3.0% $7,497,500 $3,007,700 Community Affairs $51,100 $74,200 $86,100 $99,800 $115,700 $134,128 $180,257 $242,250 3.0% $6,208,300 $2,494,100 Admin. Services - Admin $17,800 $25,800 $29,900 $34,700 $40,200 $46,603 $62,630 $84,170 3.0% $2,157,300 $866,800 Business Licensing $27,400 $35,500 $41,200 $47,800 $55,400 $64,224 $86,311 $115,995 3.0% $2,997,700 $1,215,900 City Facilities $94,000 $136,600 $158,300 $183,500 $212,800 $246,694 $331,535 $445,556 3.0% $11,418,700 $4,587,400 Finance $148,900 $216,400 $250,800 $290,800 $337,100 $390,791 $525,191 $705,813 3.0% $18,089,000 $7,267,300 Innovation and Tech Services $364,800 $530,100 $614,600 $712,500 $825,900 $957,444 $1,286,725 $1,729,251 3.0% $44,319,300 $17,805,500 Human Resources $55,600 $80,700 $93,600 $108,500 $125,800 $145,837 $195,992 $263,397 3.0% $6,750,200 $2,711,800 Procurement $24,800 $36,100 $41,800 $48,500 $56,200 $65,151 $87,558 $117,670 3.0% $3,016,200 $1,211,800 Risk Management $27,800 $40,400 $46,800 $54,300 $63,000 $73,034 $98,152 $131,908 3.0% $3,379,800 $1,357,700 Treasury Management $600 $800 $1,000 $1,100 $1,300 $1,507 $2,025 $2,722 3.0% $69,800 $28,000 City Telecommunications $22,500 $32,700 $37,900 $43,900 $50,900 $59,007 $79,301 $106,573 3.0% $2,731,400 $1,097,400 Economic and Comm. Development $82,500 $120,000 $139,100 $161,200 $186,900 $216,668 $291,184 $391,327 3.0% $10,029,300 $4,029,300 Building and Safety $178,000 $258,600 $299,800 $347,600 $403,000 $467,187 $627,861 $843,793 3.0% $21,624,700 $8,687,600 Engineering $239,300 $347,700 $403,100 $467,300 $541,800 $628,095 $844,107 $1,134,409 3.0% $29,072,800 $11,679,900 Fire Facilities Maintenance $34,700 $50,400 $58,400 $67,700 $78,500 $91,003 $122,300 $164,362 3.0% $4,212,200 $1,692,200 City Facilities Maintenance $348,900 $507,100 $587,800 $681,400 $790,000 $915,827 $1,230,794 $1,654,085 3.0% $42,391,900 $17,031,000 Planning $184,000 $267,500 $310,100 $359,500 $416,700 $483,070 $649,205 $872,477 3.0% $22,361,000 $8,983,600 Planning Commission $1,900 $2,800 $3,200 $3,700 $4,300 $4,985 $6,699 $9,003 3.0% $230,700 $92,600 Vehicle and Equip. Maintenance $110,100 $159,900 $185,400 $215,000 $249,200 $288,891 $388,245 $521,769 3.0% $13,372,100 $5,372,200 Street Maintenance $238,700 $346,900 $402,200 $466,200 $540,500 $626,588 $842,081 $1,131,687 3.0% $29,003,100 $11,651,900 Park Maintenance $295,200 $436,700 $506,300 $586,900 $680,400 $788,770 $1,060,041 $1,424,607 3.0% $36,464,900 $14,628,700 Community Improvement $79,100 $115,000 $133,300 $154,500 $179,200 $207,742 $279,188 $375,205 3.0% $9,615,300 $3,862,800 Community Services $804,600 $1,169,300 $1,355,600 $1,571,500 $1,821,800 $2,111,966 $2,838,305 $3,814,445 3.0% $97,759,100 $39,274,800 Estimated Total Expenditures $10,342,900 $15,044,000 $17,440,400 $20,218,100 $23,438,700 $27,171,877 $36,516,731 $49,075,433 $1,257,660,100 $505,229,600 Estimated Annual Net Fiscal Impact $3,477,900 $3,743,100 $4,454,800 $5,268,670 $6,196,560 $7,253,348 $11,283,375 $13,185,174 $362,909,500 $145,587,700 Revenue / Expenditure Ratio 1.34 1.25 1.26 1.26 1.26 1.27 1.31 1.27 1.29 1.29 Notes:

Assumes installation of necessary public infrastructure Values in 2022 dollars
Select years shown for illustration
3/21/2022

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3.0%
Rancho Cucamonga Fire Protection District Revenues
Property Tax $6,272,400 $8,444,300 $9,323,200 $10,293,500 $11,364,900 $12,547,700 $15,295,600 $18,645,300 2.0% $574,110,900 $243,832,800 Property Tax Allocation to EIFD ($5,017,920) ($5,911,010) ($5,593,920) ($5,146,750) ($4,545,960) ($3,764,310) ($764,780) ($932,265) 2.0% ($152,329,600) ($88,401,900) Fire Fund - Other Revenues $332,100 $482,600 $559,500 $648,600 $751,900 $871,658 $1,171,436 $1,574,312 3.0% $40,348,100 $16,210,000 Estimated Total Revenues $1,586,580 $3,015,890 $4,288,780 $5,795,350 $7,570,840 $9,655,048 $15,702,256 $19,287,347 $462,129,400 $171,640,900 Rancho Cucamonga Fire Protection District Expenditures
Fire Fund (Non-General Fund) $2,362,000 $3,432,700 $3,979,400 $4,613,300 $5,348,000 $6,199,798 $8,332,010 $11,197,524 3.0% $286,979,900 $115,294,800 Estimated Total Expenditures $2,362,000 $3,432,700 $3,979,400 $4,613,300 $5,348,000 $6,199,798 $8,332,010 $11,197,524 $286,979,900 $115,294,800 Estimated Annual Net Fiscal Impact ($775,420) ($416,810) $309,380 $1,182,050 $2,222,840 $3,455,250 $7,370,246 $8,089,822 $175,149,500 $56,346,100 Revenue / Expenditure Ratio 0.67 0.88 1.08 1.26 1.42 1.56 1.88 1.72 1.61 1.49 Notes:

Assumes installation of necessary public infrastructure Values in 2022 dollars
Select years shown for illustration
3/21/2022

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Appendix D: Rancho Cucamonga EIFD - Fiscal Impact Analysis DRAFT Project Description
Year 5 Year 10 Year 15 Year 20
Project Component 2027 2032 2037 2042
For-Sale Residential 1,034 DU 1,514 DU 1,514 DU 1,514 DU Rental Residential 8,186 DU 10,253 DU 10,253 DU 10,253 DU Total Residential 9,220 DU 11,767 DU 11,767 DU 11,767 DU Hotel 171 rooms 171 rooms 171 rooms 171 rooms
Commercial / Retail 876,000 SF 922,000 SF 922,000 SF 922,000 SF Office 22,000 SF 222,000 SF 222,000 SF 222,000 SF
Industrial 6,172,408 SF 6,272,408 SF 6,272,408 SF 6,272,408 SF Annual Escalation Factor 2.0% 1.10 1.22 1.35 1.49
Estimated A/V - SF Residential $618K Per Unit $705,605,362 $1,140,691,138 $1,259,415,188 $1,390,496,133 Estimated A/V - MF Residential $317K Per Unit $2,869,024,452 $3,967,476,157 $4,380,414,262 $4,836,331,297 Estimated A/V - Hotel $162K Per Room $30,585,246 $33,768,583 $37,283,245 $41,163,715 Estimated A/V - Retail $274 PSF $265,005,891 $307,952,122 $340,004,027 $375,391,919 Estimated A/V - Office $211 PSF $5,125,143 $57,100,137 $63,043,165 $69,604,748 Estimated A/V - Industrial $172 PSF $1,172,151,995 $1,315,117,221 $1,451,995,677 $1,603,120,553 Total Estimated Assessed Value $5,047,498,089 $6,822,105,358 $7,532,155,563 $8,316,108,364 Notes:

Adjusted for value appreciation assuming 2% annual escalation rate (statuatory maximum).

Conservatively assuming no mark-to-market valuations above 2% growth to account for property transfers Select years shown for illustration
Values in 2022 dollars
3/21/2022

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Appendix D: Rancho Cucamonga EIFD - Fiscal Impact Analysis DRAFT Project Employment and Occupants
Year 5 Year 10 Year 15 Year 20
Project Component 2027 2032 2037 2042
Industrial 6,172,408 SF 6,272,408 SF 6,272,408 SF 6,272,408 SF Commercial / Retail 876,000 SF 922,000 SF 922,000 SF 922,000 SF Office 22,000 SF 222,000 SF 222,000 SF 222,000 SF
Hotel 171 Rooms 171 Rooms 171 Rooms 171 Rooms
For-sale Residential 1,034 DU 1,514 DU 1,514 DU 1,514 DU Rental Residential 8,186 DU 10,253 DU 10,253 DU 10,253 DU Estimated # Employees (FTE)
Industrial 1,500 SF / emp 4,115 4,182 4,182 4,182
Commercial / Retail 400 SF / emp 2,190 2,305 2,305 2,305 Office 350 SF / emp 63 634 634 634
Hotel 1.5 room / emp 114 114 114 114
For-sale Residential 0 DU / emp 0 0 0 0
Rental Residential 50 DU / emp 164 205 205 205
Total Estimated # Employees (FTE) 6,646 7,440 7,440 7,440 Occupied Dwelling Units 95% 8,759 DU 11,179 DU 11,179 DU 11,179 DU Residents 2.25 per DU 19,708 25,152 25,152 25,152
Employees Weighted at 50% 50% 3,323 3,720 3,720 3,720
Total Service Population (Residents + Empl.) 23,031 28,872 28,872 28,872 Occupied Hotel Rooms 75% 128 rooms 128 rooms 128 rooms 128 rooms Hotel Guests 1.5 per room 192 192 192 192
Notes:

Average household size reflects City average household size and product mix of multifamily units Select years shown for illustration
Values in 2022 dollars
3/21/2022

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Appendix D: Rancho Cucamonga EIFD - Fiscal Impact Analysis DRAFT Property Tax
Year 5 Year 10 Year 15 Year 20 Year 30 Year 40 Year 50
2027 2032 2037 2042 2052 2062 2072
Estimated Assessed Value - Residential $3,574,629,814 $5,108,167,295 $5,639,829,450 $6,226,827,429 $7,590,467,890 $9,252,738,003 $11,279,035,996 Estimated Assessed Value - Non-Residential $1,472,868,276 $1,713,938,063 $1,892,326,113 $2,089,280,935 $2,546,821,801 $3,104,561,565 $3,784,443,224 Total Estimated Assessed Value $5,047,498,089 $6,822,105,358 $7,532,155,563 $8,316,108,364 $10,137,289,692 $12,357,299,568 $15,063,479,220 Total Secured Property Tax General Levy 1.00% $50,474,981 $68,221,054 $75,321,556 $83,161,084 $101,372,897 $123,572,996 $150,634,792 Estimated Unsecured Property Tax as % of Secured Non-Residential Value 10.00% $1,472,868 $1,713,938 $1,892,326 $2,089,281 $2,546,822 $3,104,562 $3,784,443 Total Estimated Secured + Unsecured Property Tax $51,947,849 $69,934,992 $77,213,882 $85,250,365 $103,919,719 $126,677,557 $154,419,235 Distributions to Taxing Entities
City of Rancho Cucamonga 5.52% $2,865,700 $3,858,000 $4,259,500 $4,702,900 $5,732,800 $6,988,200 $8,518,600 City Allocation to EIFD - Percent 100% 90% 80% 70% 50% 9% 9% City Allocation to EIFD - Dollar Amount ($2,865,700) ($3,472,200) ($3,407,600) ($3,292,030) ($2,866,400) ($628,938) ($766,674) Net Property Tax to City $0 $385,800 $851,900 $1,410,870 $2,866,400 $6,359,262 $7,751,926 Rancho Cucamonga Fire District 12.07% $6,272,400 $8,444,300 $9,323,200 $10,293,500 $12,547,700 $15,295,600 $18,645,300 Fire District Allocation to EIFD - Percent 80% 70% 60% 50% 30% 5% 5% Fire District Allocation to EIFD - Dollar Amount ($5,017,920) ($5,911,010) ($5,593,920) ($5,146,750) ($3,764,310) ($764,780) ($932,265) Net Property Tax to Fire District $1,254,480 $2,533,290 $3,729,280 $5,146,750 $8,783,390 $14,530,820 $17,713,035 Notes:

General levy distributions represent primary tax rate areas (TRAs) 4000, 4002, 4004, 4058, 4083, 4085, 4008, 4080 Does not include property tax overrides above 1% general levy Select years shown for illustration
Values in 2022 dollars
Source: San Bernardino County Auditor-Controller (2022) 3/21/2022

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Appendix D: Rancho Cucamonga EIFD - Fiscal Impact Analysis DRAFT Property Tax In-Lieu of Motor Vehicle License Fees (MVLF) Total AV within CITY (FY 2019-20) $27,642,340,160
Current Property Tax In-Lieu of MVLF (2019-2020) $20,193,480 Prop Tax In-Lieu of MVLF per $1M of AV $731
Year 1 Year 5 Year 10 Year 15 Year 20
2023 2027 2032 2037 2042
Estimated Project Assessed Value $65,405,338 $5,047,498,089 $6,822,105,358 $7,532,155,563 $8,316,108,364 Incremental Property Tax In-Lieu of MVLF to City $47,800 $3,687,300 $4,983,700 $5,502,400 $6,075,100 Net Incremental Property Tax In-Lieu of MVLF to City $47,800 $3,687,300 $4,983,700 $5,502,400 $6,075,100 Notes:

Select years shown for illustration
Values in 2022 dollars
Source: San Bernardino County Auditor-Controller (2022) 3/21/2022

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Appendix D: Rancho Cucamonga EIFD - Fiscal Impact Analysis DRAFT Property Transfer Tax
Year 5 Year 10 Year 15 Year 20
2027 2032 2037 2042
Estimated Assessed Value - SF Residential $705,605,362 $1,140,691,138 $1,259,415,188 $1,390,496,133 Estimated Property Turnover Rate 15.0% 15.0% 15.0% 15.0% Estimated Value of Property Transferred - SF Residential $105,840,804 $171,103,671 $188,912,278 $208,574,420 Estimated Assessed Value - Other $4,341,892,727 $5,681,414,220 $6,272,740,375 $6,925,612,231 Estimated Property Turnover Rate 5.0% 5.0% 5.0% 5.0%
Estimated Value of Property Transferred - Other $217,094,636 $284,070,711 $313,637,019 $346,280,612 Estimated Value of Property Transferred - Total $322,935,441 $455,174,382 $502,549,297 $554,855,031 Total Transfer Tax $1.10 per $1,000 $35,522,900 $50,069,200 $55,280,400 $61,034,100 Transfer Tax to City $0.55 per $1,000 $177,600 $250,300 $276,400 $305,200 Notes:

Select years shown for illustration
Values in 2022 dollars
Source: San Bernardino County Auditor-Controller (2022) 3/21/2022

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Appendix D: Rancho Cucamonga EIFD - Fiscal Impact Analysis DRAFT Sales Tax - Direct / On-Site
Year 5 Year 10 Year 15 Year 20
Project Component 2027 2032 2037 2042
Retail SF 876,000 SF 922,000 SF 922,000 SF 922,000 S F
Industrial SF Assumed to Generate Local Sales Tax Allocation 308,620 SF 313,620 SF 313,620 SF 313,620 SF Total Sales-Generating SF 1,184,620 SF 1,235,620 SF 1,235,620 SF 1,235,620 SF Estimated Taxable Sales $275 PSF $377,657,422 $456,656,886 $529,390,489 $613,708,669 Sales Tax to City 1.00% $3,776,574 $4,566,569 $5,293,905 $6,137,087 Use Tax as % of Sales Tax 11.50% $434,306 $525,155 $608,799 $705,765 Sales and Use Tax to City - Direct $4,210,900 $5,091,700 $5,902,700 $6,842,900 Notes:

Analysis assumes approximately 10% of industrial uses will generate locally allocated sales tax. Based on Kosmont research, local allocation varies widely according to various factors, such as location of seller's registered office of business, location of goods at time of sale, and method of delivery to the customer. Sales may be allocated to the jurisdiction of the fulfillment center, the jurisdiction of the seller's registered office, or the Countywide pool.

County sales tax for transportation based on Measure I (0.5%), Revenue and Taxation Code Section 7203.1 (0.25%) Does not include additional sales tax allocation for public safety from Proposition 172 (collected by State BOE and apportioned to counties based on proportionate share of taxable sales) Taxable sales PSF factor escalated 3% annually
Select years shown for illustration.

Values in 2022 dollars.
3/21/2022

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Household spending based on average houshold income within City.

Hotel guest spending estimated based on American Hotel and Lodging Association (AHLA) data.

Adjusted for inflation assuming 3% annual inflation rate.

Select years shown for illustration.

Values in 2022 dollars.
3/21/2022

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Adjusted for inflation assuming 3% annual inflation rate.

Select years shown for illustration.

Values in 2022 dollars.
3/21/2022

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Select years shown for illustration.

Values in 2022 dollars.

Source: City of Rancho Cucamonga 2021-2022 Adopted Budget 3/21/2022

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Select years shown for illustration.

Values in 2022 dollars.

Source: City of Rancho Cucamonga 2021-2022 Adopted Budget 3/21/2022

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Estimated ongoing benefits upon build-out and stabilization. 3/21/2022

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DATE:May 18, 2022
TO:Mayor and Members of the City Council
FROM:John R. Gillison, City Manager
INITIATED BY: Elisa C. Cox, Assistant City Manager
Michael Parmer, Assistant to the City Manager
SUBJECT: Consideration to Receive and File the Summary of the Public Safety Response to 2022 Holiday Lights Display and Consideration of a Resolution Temporarily Closing Portions of Thoroughbred and Jennet Streets, West Sapphire Street and East of Turquoise Avenue, and a Portion of Turquoise Avenue Between Jennet and Thoroughbred Streets, to Pedestrian Traffic During the Area’s 2022 Holiday Light Display. (RESOLUTION NO. 2022-053) (CITY)
RECOMMENDATION:

Staff recommends that the City Council adopt Resolution No. 2022-053, temporarily closing portions of Thoroughbred and Jennet Streets, west of Sapphire Street and east of Turquoise Avenue, and a portion of Turquoise Avenue between Jennet and Thoroughbred Streets, to pedestrian traffic during the area’s Holiday Light Display for the 2022 holiday season.

BACKGROUND:

For more than 20 years, the residents of Thoroughbred and Jennet Streets have created a visual display of lights during the weeks leading up to Christmas. With the advent of social media, the light displays now attract visitors from all over Southern California. Over the last 10 years, the Holiday Lights Display, and the overwhelming crowds it attracts, created substantial public safety concerns as well as significant impacts on the quality of life for area residents who are not part of the Holiday Lights Display.

Although the City provides police and traffic support to manage the crowds and minimize impacts on adjacent neighborhoods, the City has always made it clear that it is not an official City- sponsored event. The large crowds create significant public safety and community concerns.

Multiple departments are impacted; the Police, Engineering Services, and Public Works Services Departments along with the City Manager’s Office collaborate each year to provide a high level of specialty services to mitigate these impacts and elevate the safety of the residents and visitors, which is quite costly. Plans are reviewed internally and with the community each year in an effort to adapt to the ever-growing event.

The Holiday Lights Display, and the overwhelming crowds it attracts, has created substantial public safety concerns as well as significant impacts on the quality of life for area residents who are not part of the Holiday Lights Display. Key findings from past years include:

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Thoroughbred and Jennet Streets and Turquoise Avenue are narrow, two-lane residential streets with no sidewalks and are not intended to handle substantial amounts of vehicular or pedestrian traffic.
Traffic counts demonstrate a startling number of pedestrians and vehicles which creates a dangerous situation for pedestrians and motorists. Pedestrians, including children, are routinely observed traversing back and forth across the street in between vehicles. At the same time, drivers are distracted by the holiday displays.
Residents in the surrounding neighborhoods experience significant inconveniences from the large volume of visitors such as illegal parking, blocking driveways, litter and human excrement in their yards, vandalism, trespassing, noise and the extreme delays in ingress and egress into their residential neighborhoods.

In response to these critical public safety concerns, and with Rancho Cucamonga Police Department’s (“RCPD”) recommendation, the City in 2017 transitioned the Holiday Light Display into a Drive-Thru Only experience by limiting pedestrian traffic during certain peak times due to unsafe conditions that have been observed in the past.

ANALYSIS:

For the fifth year in a row, RCPD successfully implemented the Drive-Thru Only Ordinance. Due to COVID-19 state health orders, and consistent with the previous year, the Drive-Thru Only Ordinance, which restricts pedestrian access, was implemented for the entire 2021 holiday season, from December 3-5 and December 10-24 to minimize large crowds and close contact amongst different households. RCPD and City staff have continued to receive positive comments regarding the Drive-Thru Only Ordinance and how it has improved conditions in the areas surrounding Thoroughbred and Jennet Streets.

In comparing vehicular traffic between the 2020 and 2021 holiday season, traffic increased 13.1% for the Holiday Light corridor; Hillside Road increased 15%, Carnelian Street increased 14%, and Sapphire Street increased 11%. This is a reversal of a downward trend that was previously being experienced since the transition to Drive-Thru Only and the second consecutive year traffic increased.

Over the last several years, RCPD has also collected data regarding from where (by zip code) visitors were coming to the Holiday Lights. For the 2021 holiday season, 83 percent of visitors came from a zip code outside of the City of Rancho Cucamonga, up slightly from 78 percent of visitors in 2020.

During the months leading up to the holiday season, RCPD and the City’s CAN Team executed an aggressive communications strategy to educate the public for the upcoming holiday season. Efforts include information mailings, video announcements and social media posts. Electronic message board signage was strategically placed in the area announcing the pedestrian restrictions. The City’s Holiday Lights webpage received 77,009 views during the month of December 2021, up from 33,400 in December 2020.

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RCPD also worked with DoIT (the City’s Department of Innovation and Technology) to again deploy the online event registration portal, allowing residents within the affected area to register their parties/get-togethers so that their guests can be allowed through the deputy-staffed check- in areas. During the 2021 holiday season, residents within the affected area registered 206 parties/get-togethers during the Drive-Thru Only period. This is a 47% increase from the previous years. 39 valid addresses were registered through the online event registration portal and the average party size was approximately 23 (calculated by removing 4 parties by three addresses of the lowest guests and five addresses with the highest number of guests).

Residents who wish to host parties or events, may do so, but will need to register all guests thru the portal. Procedures are currently being developed to verify registered guests with the house they are visiting. Guests will not be allowed to go into the closure area until confirmation is verified. Guests will only be allowed to go directly to, and from, the house where the party is located.

With Drive-Thru Only proving to be an effective strategy in reducing the unsafe conditions and the negative impacts on the surrounding area residents, it is recommended that it again be implemented for the 2022 holiday season from December 2 to December 24, 2021, It is recommended that the City Council adopt the attached Resolution establishing Drive-Thru Only on the dates identified above for the 2022 holiday season.

FISCAL IMPACT:

RCPD incurred a total of $150,000 in personnel costs in order to staff the Holiday Light Display.

COUNCIL MISSION / VISION / GOAL(S) ADDRESSED:

The City’s response to the Holiday Light Display is consistent with the City Council’s goal of promoting a safe community.

ATTACHMENTS:

Attachment 1 – Resolution No. 2022-053

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0 RESOLUTION NO. 2022-053

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO

CUCAMONGA TEMPORARILY CLOSING PORTIONS OF

THOROUGHBRED AND JENNET STREETS, WEST OF SAPPHIRE

STREET AND EAST OF TURQUOISE AVENUE, AND A PORTION OF

TURQUOISE AVENUE BETWEEN JENNET AND THOROUGHBRED
STREETS, TO PEDESTRIAN TRAFFIC DURING THE AREA’S HOLIDAY

LIGHT DISPLAY, AND MAKING FINDINGS IN SUPPORT THEREOF
A. Recitals

1. The elaborate display of holiday lights and decorations by residents of Thoroughbred and Jennet Streets, west of Sapphire Street and east of Turquoise Avenue, and Turquoise Avenue between Thoroughbred and Jennet Streets, during the month of December (the “Holiday Light Display”) is an example of the community’s holiday spirit, hard work, and creativity, which has grown over the last thirty years into one of the largest holiday light displays in Southern California, drawing viewers from across the region.

2. In recent years, however, the popularity of the Holiday Light Display has led to a surge in vehicular and pedestrian traffic, particularly on and around portions of Thoroughbred and Jennet Streets, and Turquoise Avenue, resulting in a variety of negative impacts that threaten the health, safety, and welfare of members of the public.

3. At the regularly scheduled City Council meeting on May 18, 2022, the City Council received evidence concerning the negative impacts and dangerous conditions created by the Holiday Light Display prior to the adoption of this Resolution.

4. All legal prerequisites to the adoption of this Resolution have occurred.

B. Resolution
NOW THEREFORE, the Rancho Cucamonga City Council does hereby find, determine, conclude, and resolve as follows:

1. Based on evidence presented to the City Council at the above-referenced meeting on May 18, 2022, the City Council finds as follows:
a. All facts set forth in Part A, Recitals, of this Resolution are true and correct.
b. Thoroughbred and Jennet Streets, and Turquoise Avenue are narrow, two-lane, residential streets with no sidewalks, which are not intended to handle substantial amounts of vehicular or pedestrian traffic. c. An estimated 5,000 to 10,000 vehicles travel through these streets each day during the busiest periods of the Holiday Light Display, in addition to pedestrians who park in neighboring communities and walk into the area.

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0 d. Traffic during the Holiday Light Display has increased to where the average wait time to enter can reach approximately two hours, followed by an additional hour and a half to travel through the streets. On busy evenings, traffic can back up to the 210 Freeway, approximately one mile away.
e. Large trucks, hot rods, and tour buses, which are normally uncommon on Thoroughbred and Jennet Streets, and Turquoise Avenue, have been increasingly common in the area during the Holiday Lights Display, which creates additional dangers for pedestrians because they tend to take up larger portions of the road and require additional skill and attention to safely maneuver. f. The exceedingly high number of vehicles and presence of larger- than-normal vehicles in the area results in noise and air pollution to pedestrians and surrounding residents.
g. Traffic and safety problems are exacerbated by the large volume of pedestrians in the street, causing vehicles to slow, stop, or idle to avoid collisions. At any one time, as many as 5,000 pedestrians are in the roadway. h. Due to the absence of sidewalks on Thoroughbred and Jennet Streets, and Turquoise Avenue, pedestrians mainly travel in the roadway, which creates a danger both to pedestrians and those traveling in vehicles. i. Pedestrians have been routinely observed traversing back and forth across the street to view the holiday displays. At the same time, drivers are distracted by the holiday displays. With drivers and pedestrians both distracted, the potential for an accident involving a pedestrian substantially increases. j. The Holiday Light Display attracts many families with young children to the area. In some instances, children have been observed wandering unsupervised.

Children are therefore at increased risk of being hit by a vehicle while walking in the street. k. Pedestrians frequently visit the Holiday Light Display expecting to find public restrooms. As no public restrooms are located nearby, pedestrians have been identified using nearby horse trails and dark residential areas to urinate, defecate, and discard hazardous waste.
l. The Chief of Police and Fire Chief have determined that, due to increased vehicle and pedestrian traffic during the Holiday Light Display and limited street capacity, emergency personnel might not be able to safely and timely respond to potential emergencies in the surrounding community.
m. The negative impacts and dangerous conditions created by the Holiday Light Display would be mitigated if the affected portions of Thoroughbred and Jennet Streets, and Turquoise Avenue were temporarily closed to pedestrian traffic during the Holiday Light Display. In the absence of pedestrians, vehicular traffic flow would improve and emergency vehicles would have improved access because they could pass

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0 on either side of the one-way vehicular traffic. Furthermore, potential accidents involving vehicles and pedestrians would be reduced.
n. Vehicle Code Section 21101(e) authorizes the City, to act by resolution, to temporarily close a portion of any street for celebrations, parades, local special events, and other purposes when, in the opinion of the City Council, the closing is necessary for the safety and protection of persons who are to use that portion of the street during the temporary closing.
o. The Holiday Light Display, although not City sponsored, constitutes a local special event for the purposes of Vehicle Code Section 21101(e).

2. Based on the facts set forth in the preceding Section 1 of this Resolution and all available information, the City Council hereby finds that the temporary closure of portions of Thoroughbred and Jennet Streets, and Turquoise Avenue to pedestrian traffic, except for residents of the homes within the affected area and their guests, during the Holiday Light Display is necessary for the safety and protection of persons who are to use the streets during the Holiday Light Display.

3. Based on the finding made in the preceding Section 2 of this Resolution and pursuant to California Vehicle Code Section 21101(e), the City Council hereby closes those portions of Thoroughbred and Jennet Streets west of Sapphire Street and east of Turquoise Avenue and Turquoise Avenue between Jennet and Thoroughbred Streets (as identified on Exhibit A, attached hereto and incorporated herein by this reference) to all pedestrian traffic except for residents of the homes on the affected streets and their guests from 5:00 p.m. to 11:00 p.m. from December 2 to December 24, 2022.

4. The Chief of Police, in consultation with the City Engineer or designee, shall erect, or cause to be erected and maintained, sufficient temporary signs, barriers, and other temporary traffic control devices, to preclude pedestrians from traversing those portions of Thoroughbred and Jennet Streets as shown on Exhibit A, except to residents, during the closure period.

5. The Chief of Police, City Engineer, and City Manager may adjust closure days and hours based on traffic, weather, COVID-19, or other conditions which impact public safety.

6. The City Manager is further authorized to establish procedures to verify exceptions for residents of the homes on the affected streets and their guests from 5:00 p.m. to 11:00 p.m. from December 2 to December 24, 2022.

7. This resolution is exempt from the California Environmental Quality Act (“CEQA”) pursuant to CEQA Guidelines Section 15301(c), existing facilities.

Thoroughbred and Jennet streets and Turquoise Avenue are existing streets and the proposed temporary closure of those streets during the Holiday Light Display constitutes a minor change in their operation. The temporary street closure will only affect a portion of Thoroughbred and Jennet streets between Sapphire Street and Turquoise Avenue and Turquoise Avenue between Jennet and Thoroughbred streets during a select number of

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0 days and for a limited period of time between 5:00 p.m. and 11:00 p.m. Residents of the affected portions of the streets will continue to have access to their homes at all times and the streets will continue to be accessible by car. Due to the significant vehicular and pedestrian traffic impacts during the Holiday Light Display, the temporary closure is anticipated to reduce an existing significant traffic and safety impact in a portion of the City.

8. The City Clerk shall certify to the adoption of this Resolution PASSED, APPROVED, AND ADOPTED this ____ day of __________ 2022.

AYES:

NOES:

ABSENT:

ABSTAINED:
_______________________________
L. Dennis Michael
Mayor
ATTEST:
_______________________________
Janice C. Reynolds
City Clerk
I, Janice C. Reynolds, City Clerk, do hereby certify that the foregoing Resolution was duly passed, approved, and adopted by the City Council of the City of Rancho Cucamonga, at a Regular Meeting of said Council held on May 18, 2022.

Executed this day May 18, 2022 at Rancho Cucamonga, California. _______________________________
Janice C. Reynolds
City Clerk

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DATE:May 18, 2022
TO:Mayor and Members of the City Council
FROM:John R. Gillison, City Manager
INITIATED BY: Lori Sassoon, Deputy City Manager/Administrative Services SUBJECT: Consideration of First Reading of Ordinance No. 1003, to be Read by Title Only and Waive Further Reading, Amending Section 2.16.030 of the Rancho Cucamonga Municipal Code Pertaining to Salaries for Mayor and Members of the City Council. (ORDINANCE NO. 1003) (CITY) RECOMMENDATION:

Staff recommends that the City Council introduce for first reading Ordinance No. 1003, to be read by title only and waive further reading, pertaining to salaries for Mayor and members of the City Council.

BACKGROUND:

The California Government Code provides that a City Council may enact an ordinance providing that each member of the city council shall receive a salary, and that a directly elected Mayor of a general law city may be provided with additional compensation. Those salaries can be adjusted by ordinance in an amount not to exceed 5% for each full calendar year from the operative date of the last adjustment. Any adjustment in Council salaries takes effect following the next regularly- scheduled City Council election.

Two (2) full calendar years have elapsed since the effective date of the last Council salary adjustment which set the salary at $1,452 per month for Council members and $1,609 per month for the Mayor, effective as of December 2020. Additionally, in 2012 the City’s contract with CalPERS was amended to exclude newly-elected officials from participation in the CalPERS pension program, effectively reducing total Council compensation for those elected in December 2012 and beyond.

ANALYSIS:

At this time, it is recommended that salaries for Mayor and members of the City Council be adjusted commensurate with staff total compensation adjustments recently approved for the Executive Management Group and Rancho Cucamonga Managers Association for Fiscal Year 2022/23, which is an average of 2.5% between the two groups. The following chart summarizes the 2.5% change in salaries resulting from this action:

Current Monthly Salary Adjusted Monthly Salary
(eff. December 2022)
City Council $1,452 $1,488
Mayor $1,609 $1,649

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FISCAL IMPACT:

The proposed salary adjustments will result in an additional annual cost of approximately $2,500.

COUNCIL MISSION / VISION / GOAL(S) ADDRESSED:

This item is in keeping with the Council’s core value of working together cooperatively and respectfully with each other, staff, and all stakeholders.

ATTACHMENTS:

Attachment 1 - Ordinance No. 1003

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Ordinance No. 1003 - Page 1 of 2
ORDINANCE NO. 1003

AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF

RANCHO CUCAMONGA, CALIFORNIA, AMENDING
SECTION 2.16.030 OF THE RANCHO CUCAMONGA

MUNICIPAL CODE PERTAINING TO SALARIES FOR

MAYOR AND MEMBERS OF THE CITY COUNCIL
The City Council of the City of Rancho Cucamonga does ordain as follows:

A. RECITALS

1. California Government Code Section 36516 provides, in pertinent part, as follows:
"(a) A City Council may enact an ordinance providing that each member of the City Council shall receive a salary."

2. Government Code subsection 36516(c) allows Council salaries to be increased by ordinance in an amount not to exceed 5% for each full calendar year from the operative date of the last Council salary adjustment.

3. Two full calendar years have elapsed since the effective date of the last Council salary adjustment which set the salary at $1,452 per month, effective as of December 2020. However, this Council intends to modify Council salaries to be commensurate with staff total compensation increases anticipated in the coming fiscal year, but not to exceed the limit of 5% for each calendar year for each of the past two full calendar years.

4. Government Code Section 36516.1 provides authority for a directly elected Mayor of a general law city to be provided with additional compensation.

B. ORDINANCE

IT IS HEREBY ORDAINED BY THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA AS FOLLOWS:

Section 1. Subsection A of Section 2.16.030 of the Rancho Cucamonga Municipal Code is hereby amended to read, in words and figures, as follows:
"2.16.030 Salary amount and waiver.
"A. Each member of the City Council other than the Mayor shall receive as salary the sum of one thousand four hundred eighty-eight dollars ($1,488) per month. The Mayor shall receive the sum of one thousand six hundred forty-nine dollars ($1,649) per month. The salary shall be paid at the same time and in the same manner as salaries are paid to other officers and employees of the City.

Section 2. The salary increases provided for in this Ordinance shall become available to the members of this Council during December 2022.

Section 3. The City Clerk shall certify to the adoption of this Ordinance and cause it to be published in accordance with applicable law.

ATTACHMENT 1

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Ordinance No. 1003 - Page 2 of 2
PASSED, APPROVED, AND ADOPTED this ___ day of _____________ 2022.

L. Dennis Michael, Mayor
ATTEST:

Janice C. Reynolds, City Clerk

STATE OF CALIFORNIA )

COUNTY OF SAN BERNARDINO )

CITY OF RANCHO CUCAMONGA )
I, JANICE C. REYNOLDS, CITY CLERK of the City of Rancho Cucamonga, California, do hereby certify that the foregoing Ordinance was introduced at a Regular Meeting of the City Council of the City of Rancho Cucamonga held on the __ day of ______________, and was passed at a Regular Meeting of the City Council of the City of Rancho Cucamonga held on the ____ day of ______, 2022.

AYES:

NOES:

ABSENT:

ABSTAINED
Executed this ______ day of ________, 2022, at Rancho Cucamonga, California.

Janice C. Reynolds, City Clerk

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DATE:May 18, 2022
TO:Mayor and Members of the City Council
FROM:John R. Gillison, City Manager
INITIATED BY: Lori Sassoon, Deputy City Manager/Administrative Services SUBJECT: Consideration of Resolution No. 2022-052, Amending Resolution 2022-021 to Adjust Certain City Council Benefits. (RESOLUTION NO. 2022-052) (CITY)
RECOMMENDATION:

Staff recommends that the City Council adopt Resolution No. 2022-052.

BACKGROUND:

The City has for many years provided certain limited benefits to members of the City Council, such as medical benefits and auto allowance. These benefits have not been adjusted in many years.

In 2012, the City’s contract with CalPERS was amended to exclude newly-elected officials from participation in the CalPERS pension program, effectively reducing total Council compensation for those elected in December 2012 and beyond.

ANALYSIS:

At this time, it is recommended that Council benefits be adjusted modestly as follows:
Auto allowance increased from $200 to $300 per month. This amount has not been adjusted for at least the last 15 years.
Make cash-in-lieu of medical insurance available to all members of the Council. This benefit is currently provided to those receiving the benefit prior to September 12, 2012.

The most recent Executive Management MOU extends the cash-in-lieu option to all members of that group, so it is recommended that the Council benefits mirror that action.

FISCAL IMPACT:

The proposed car allowance adjustment will result in an additional annual cost of approximately $6,000. There is no net cost for the cash-in-lieu benefit, as there would be an offsetting savings in reduced medical insurance premium contributions for any participant(s).

COUNCIL MISSION / VISION / GOAL(S) ADDRESSED:

This item is in keeping with the Council’s core value of working together cooperatively and respectfully with each other, staff, and all stakeholders.

ATTACHMENTS:

Attachment 1 - Resolution No. 2022-052

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RESOLUTION NO. 2022-XXX

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF

RANCHO CUCAMONGA, CALIFORNIA, AMENDING
RESOLUTION 2022 -021 TO ADJUST CERTAIN CITY COUNCIL
BENEFITS.

WHEREAS, the City Council of the City of Rancho Cucamonga has determined that it is necessary for the efficient operation and management of the City that policies be established prescribing salary ranges, benefits and holidays and other policies for employees of t he City of Rancho Cucamonga; and

WHEREAS, the City Council of the City of Rancho Cucamonga has previously adopted salary resolutions establishing salary ranges, benefits and other terms of employment for employees of the City of Rancho Cucamonga, including members of the City Council; and

WHEREAS, the City Council of the City of Rancho Cucamonga recognizes that it is necessary from time to time to amend the salary resolution to accommodate changes in position titles, classifications, salary ranges, benefits and other terms of employment including an outline of State and Federally required benefits afforded to part -time employees, including members of the City Council; and

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Rancho Cucamonga, California to amend Resolution 2022-021 to amend the City of Rancho Cucamonga Mayor, Mayor Pro Tem, Council Members, and City Clerk and City Treasurer Current Benefits to adjust car allowance and cash- in-lieu of medical benefits as indicated in Attachment 1 of this resolution. Cash-in-lieu of medical insurance of $300 per month is available, subject to the salary limit set forth in Government Code Section 36516.

PASSED, APROVED AND ADOPTED this 18
th day of May 2022.

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Attachment 1 – Resolution 2022-xxx

City of Rancho Cucamonga
Mayor, Mayor Pro Tem, Council Members, City Clerk and City Treasurer Current Benefits

Health Insurance: City pays up to the monthly amount that Executive Management Group employees receive for Health Insurance (currently $1,200, and employee pays the difference between the contribution and the health insurance premium). Cash-in-Lieu of medical of $300 per month is available, subject to the salary limit set forth in Government Code Section 36516.

Dental Insurance: City paid - Equivalent to the Executive Management Group benefit Vision Insurance: City paid - Equivalent to the Executive Management Group benefit Car Allowance: $300 per month (only available for Mayor, Mayor Pro Tem, and City Council)
Fire Meeting Stipend: $100 per meeting ( only available for Mayor, Mayor Pro Tem, and City Council)
Retirement: Employee pays 7.5% of salary into APPLE (inc ludes car allowance) - City pays 0%. Supplemental to Social Security.

Wellness Physical: Up to $2000 per fiscal year for a physical

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Rancho Cucamonga City CouncilMay 18, 2022

Rancho Cucamonga City Council
May 18, 2022