ATTACHMENT B
ATTACHMENT B
ATTACHMENT B
Redevelopment Agency of the City of Stockton
City Provided Loans
Previously reported in annual Statement of Indebtedness Report to the State Controller's Office Item
No.
Project
Area
Purpose of Loan Date Debt
Incurred
Loan
Authority
Pg
No
Original
Amount
Rate Term Fund Outstanding at
6/30/2015
Total P&I
(adjusted)
DOF Review 12/18/15 DOF Approved
12/18/15
DOF Denied (loss)
12/18/15
1 Midtown Establishment of the Eastland Project Area 12/12/1989 C-89 -150 3 120,000 $ 10% Open CDBG 711,433 $ -$ Approved -$ - 2 Midtown Implementation of the Eastland Red. Project:
acquisition, relocation, and demolition
3/1/1993 C-93-018 9 500,000$ - Open CDBG 120,000$ 120,000$ Approved 120,000$ - 3 Midtown Implementation of the Eastland Red. Project:
acquisition, relocation, and demolition
1/4/1994 C-94-002 12 500,000$ - Open CDBG 500,000$ 500,000$ Approved 500,000$ - 4 Midtown Infrastructure, traffi c lights at CSU Stanislaus and Harding
11/26/2002 C-02-437 15 276,000$ - Open CIP 1,000$ 1,000$ Approved 1,000$ - 5 Midtown Development fees for the Parole office project 11/26/2002 Resolution R03- 014
18 143,954$ - 55 Years PFF 143,954$ 143,954$ Not a loan of money. Not eligible. (143,954)$ 6 North
Stockton
Establishment of the North Stockton Project Area 7/15/2003 C-03-280 22 162,000$ - Open CDBG 67,000$ 67,000$ Approved 67,000$ - 7 South
Stockton
Administration and project costs for McKinley
Neighborhood redevelopment projects
5/16/1976 C-77-280 24 1,016,766$ - Open CDBG 266,379$ 266,379$ Not eligible (reimbursement) (266,379)$ 8 Waterfront Administrative and project costs for West End redevelopment projects
5/16/1976 C-77-280 24 213,171$ - Open CDBG 213,171$ 213,171$ Not eligible (reimbursement) (213,171)$ 9 South
Stockto
n
Administration and project costs for McKinley
Neighborhood redevelopment projects
7/1/1977 C-77-280 24 1,558,663$ - Open CDBG 1,558,663$ 1,558,663$ Not eligible (reimbursement) (1,558,663)$ 10 South
Stockton
Administrative and project costs Sharps Lane
Villa neighborhood redevelopment projets
7/1/1977 C-77-280 24 420,669$ - Open CDBG 420,669$ 420,669$ Not eligible (reimbursement) (420,669)$ 11 Waterfront Administrative and project costs West End acquisition, relocation, and demolition projects
10/6/1977 C-77-280 24 331,940$ - Open CDBG 331,940$ 331,940$ Not eligible (reimbursement) (331,940)$ 12 Waterfront West End acquisition, relocation, and demolition projects
6/28/1978 Resolution
34,968
26 351,476$ - Open CDBG 351,476$ 351,476$ No loan agreement. May be eligible with proof of RDA commitment
(351,476)$
13 South
Stockton
McKinley Neighborhood redevelopment projects -
elimination of blight, and to conserve/renew area
7/1/1978 Resolution
34,968
26 1,380,013$ - Open CDBG 1,380,013$ 1,380,013$ No loan agreement. May be eligible with proof of RDA commitment
(1,380,013)$
14 South
Stockton
McKinley Neighborhood redevelopment projects -
elimination of blight, and to conserve/renew area
7/1/1979 Resolution
35,988
28 861,433$ - Open CDBG 861,433$ 861,433$ No loan agreement. May be eligible with proof of RDA commitment
(861,433)$
15 South
Stockton
McKinley Neighborhood redevelopment projects -
elimination of blight, and to conserve/renew area
7/1/1980 Resolution
37,042
31 867,651$ - Open CDBG 867,651$ 867,651$ No loan agreement. May be eligible with proof of RDA commitment
(867,651)$
16 South
Stockton
McKinley Neighborhood redevelopment projects -
elimination of blight, and to conserve/renew area
7/1/1981 Resolution
38,050
34 $ 702,959 - Open CDBG 702,959$ 702,959$ No loan agreement. May be eligible with proof of RDA commitment
(702,959)$
17 South
Stockt
on
McKinley Neighborhood redevelopment projects -
elimination of blight, and to conserve/renew area
7/1/1982 Resolution
39,082
37 536,014$ - Open CDBG 536,014$ 536,014$ No loan agreement. May be eligible with proof of RDA commitment
(536,014)$
18 South
Stockton
Manhattan Plaza affordable housing project 6/29/1999 C-90-081 41 56 3,978$ - Open CDBG 563,978$ 563,978$ Approved 563,978$ - 19 Waterfront Union Pacific project - legal and professional costs for clean up of the UP site.
4/12/2005 C-05-083 43 146,800$ - Open CDBG 146,800$ 146,800$ Approved 146,800$ - 20 Waterfront Union Pacific project - legal and professional costs for clean up of the UP site.
6/5/2007 C-05-083 memo 46 289,922$ - Open CDBG 289,922$ 289,922$ No loan agreement or resolution (289,922)$ 21 Waterfront Land acquisition for the Steamboat Landing project
4/16/1981 Ordinance 3449 48 79,323$ - Open CIP 79,323$ 79,323$ Need proof property transferred and RDA committed to repay.
(79,323)$
22 Waterfront Land acquisition for the Office Towers project 8/20/19 81 Ordinance 3492 52 525,987$ - Open CIP 525,987$ 525,987$ Need proof property transferred and RDA committed to repay.
(525,987)$
23 Waterfront Land acquisition for the Waterfront Warehouse project
12/24/1980 Ordinance 3417 56 432,551$ - Open CIP 432,551$ 432,551$ Need proof property transferred and RDA committed to repay.
(432,551)$
24 Waterfront Land acquisition for the Delta Gateway I project 11/5/ 1981 Ordinance 3506 63 99,578$ - Open CIP 99,578$ 99,578$ Need proof property transferred and RDA committed to repay.
(99,578)$
25 Waterfront Land acquisition for the Delta Gateway II project 12/1 5/1982 Ordinance 3605 66 184,834$ - Open CIP 184,834$ 184,834$ Need proof property transferred and RDA committed to repay.
(184,834)$
26 Waterfront Land acquisition for the Townhouse I projec t 3/28/1983 Ordinance 3640 71 20,230$ - Open CIP 20,230$ 20,230$ Need proof property transferred and RDA committed to repay.
(20,230)$
27 Waterfront Land acquisition for t he Main Street project 9/29/1983 Ordinance 3688 74 80,800$ - Open CIP 80,800$ 80,800$ Need proof property transferred and RDA committed to repay.
(80,800)$
28 Waterfront Loan and Development Agreement for Water
Front Project - Downtown Marina
6/17/1981 DA dated
12-01-80
77 206,406$ 10% Open CDBG 5,498,379 $ 418,709$ Approved 418,709$ - 29 Waterfront Loan and Development Agreement for Water
Front Project - Waterfront Warehouse
9/10/1981 DA dated
12-01-80
77 753,056$ 10% Open CDBG 19,646,887 $ 1,522,365$ Approved 1,522,365$ - 30 Waterfront Loan and Development Agreement for Water
Front Project - Steamboat Landing Project
5/10/1982 DA dated
12-01-80
77 1,025,078$ 10% Open CDBG 24,963,093$ 2,051,890$ Approved 2,051,890$ - 31 Waterfront Loan and Development Agreement for Water
Front Project - Office Tower II Project
5/10/1982 DA dated
12-01-80
77 854,220$ 10% Open CDBG 20,802,334 $ 1,709,885$ Approved 1,709,885$ - 32 Waterfront Loan and Development Agreement for Water
Front Project - Office Tower I Project
7/7/1982 DA dated
12-01-80
77 854,220$ 10% Open CDBG 20,659,001 $ 1,706,515$ Approved 1,706,515$ - 33 Waterfront Loan and Development Agreement for Water
Front Project - Delta Gateway I Project
8/26/1982 DA dated
12-01-80
77 555,546$ 10% Open CDBG 14,546,961 $ 1,107,100$ Approved 1,107,100$ -
ATTACHMENT B
Item
No.
Project
Area
Purpose of Loan Date Debt
Incurred
Loan
Authority
Pg
No
Original
Amount
Rate Term Fund Outstanding at
6/30/2015
Total P&I
(adjusted)
DOF Review 12/18/15 DOF Approved
12/18/15
DOF Denied (loss)
12/18/15
34 Waterfront Loan and Development Agreement for Water
Front Project - Delta Gateway II Project
6/20/1984 DA dated
12-01-80
77 437,048$ 10% Open CDBG 9,690,046 $ 847,140 $ Approved 847,140 $ - 35 Waterfront West End projects - South Seawall extension, Weber Ave improvements, Edison St extension
10/14/1986 Resolution 86-
0658
82 3,183,132$ - Open CIP 1,598,548$ 1,598,548 $ No loan agreement. May be eligible with proof of RDA commitment
(1,598,548)$
36 Waterfront Construction of South Shore Seawall 9/4/1990 C-90-171 83 2,954,347$ - Open CIP 2,954,347$ 2,954,347 $ Approved 2,954,347 $ - 37 Waterfront Remediation on North Shore 4/25/2000 Resolution 00- 0080
86 21,040$ - Open GF 21,040$ 21,040$ No loan agreement. May be eligible with proof of RDA commitment
(21,040)$
38 Waterfront Remediation on North Shore 2/29/2000 Resolution R00- 008
90 57,117$ - Open GF 57,117$ 57,117$ Approved 57,117$ - 39 Waterfront Remediation on North Shore 2/29/2000 Resolution R00- 007
93 274,800$ - Open GF 274,800$ 274,800$ Approved 274,800$ - 40 Waterfront Fox (Bob Hope) Theat re Renovations 12/5/2000 C-00-442 amended
97 4,433,103$ - Open CIP 4,543,103$ 4,543,103$ Approved 4,543,103$ - 41 Waterfront Remediation on Banner Island 5/29/2001 Resolution R01- 037
103 375,000$ - 30 Years GF 375,000$ 375,000$ Approved 375,000$ - 42 Waterfront Land acquisition for Weber Point Grill project 8/28/20 02 C-02-314 105 68,800$ - Open CIP 68,800$ 68,800$ Approved 68,800$ - 43 Waterfront Land acquisition for Cineplex Project 10/8/2002 C-02-369 111 635,000$ - Open CIP 635,000$ 635,000$ Approv ed 635,000$ - 44 W
aterfront Land acquisition for Cineplex Project 10/8/2002 C-02-369 111 511,000$ - Open CPD 511,000$ 511,000$ Approved 511,000$ - 45 Waterfront Land acquisition for San Joaquin Council of Governments project
1/7/2003 C-02-440 115 332,000$ - Open CIP 332,000$ 332,000$ Approved 332,000$ - 46 Waterfront Land acquisition for San Joaquin Council of Governments project
1/7/2003 C-02-440
amended
119 161,000$ - Open CPD 161,000$ 161,000$ Approved 161,000$ - 47 Waterfront Development fees for the Cineplex project 8/29/2003 C-0 3-578 122 102,109$ Varies 10 Years PFF 4,315$ 4,315$ Not a loan of money. Not eligible. (4,315)$ 48 Waterfront Construction costs - Cineplex project 2/18/2003 C-03-038 129 3,000,000$ - Open CIP 3,000,000$ 3,000,000$ Approved 3,000,000$ - 49 Waterfront Land acquisition for Stockton Record project 7/1/2003 C -00-122 132 175,000$ - Open CPD 175,000$ 175,000$ Approved 175,000$ - 50 Waterfront Development fees for the WorkNet Office project 8/4/20 04 C-04-355 136 196,950$ - Open PFF 196,950$ 196,950$ Not a loan of money. Not eligible. (196,950)$ 51 Waterfront Renovation - Hotel Stockton restaurant project 9/12/20 06 Resolution 06- 0470
138 2,500,000$ - Open CIP 2,500,000$ 2,500,000$ No loan agreement. May be eligible with proof of RDA commitment
(2,500,000)$
36,032,684$ 144,672,479$ 37,517,949$ 23,849,549$ (13,668,400)$ 37,517,949$
Note Original Requested Approved Denied
Totals by Repayment Fund P&I 6/30/15 P&I 09/30/15 Loans Difference City General Fund 727,957 727,957$ GF 2.96% 706,917$ (21,040)$ City Capital Improvement Fund 17,056,102 17,056,102$ CIP 48.36% 11,534,250$ (5,521,851)$ Public Facility Fees 345,220 345,220$ PFF 0% -$ (345,220)$ Community Development Block Grant 125,696,201 18,541,671$ CDBG 45.12% 10,761,382$ (7,780,289)$ Central Parking District 847,000 847,000$ CPD 3.55% 847,000$ - $ 144,672,479 37,517,949 $ 23,849,549 $ (13,668,400) $ - - - - 1 Effective September 22, 2015, interest must be recalculated quarterly, at 3% simple interest from the date the Redevelopment Agency approved the loan.
ATTACHMENT B