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SOURCES OF FUNDS <br /> CHCN Measure A 88,000 <br /> HCSA Measure A 200,000 <br /> Prior CDBG Funds allocated by Pleasanton, Livermore, &Dublin 538,000 <br /> Tax-Exempt Bonds (upper limit for debt) (*) 7,000,000 <br /> Capital Campaign 1,650,000 <br /> Other Sources 2,493,660 <br /> TOTAL SOURCES $11,969,660 <br /> USES OF FUNDS <br /> Acquisition 2,360,556 <br /> Predevelopment architectural,engineering, other 509,946 <br /> Construction (preliminary estimate; incl. contingency) 6,353,519 <br /> Construction Related—insurance, permits, utilities, etc. 337,576 <br /> Furnishings and Equipment 561,598 <br /> Financing Related 769,759 <br /> Other—signage, moving, etc. 234,944 <br /> Reserved required by Cal Mortgage 841,762 <br /> TOTAL USES $11,969,660 <br /> (")Section 108 loan will reduce the bonds by$t25 million <br /> Proposed Section 108 Loan <br /> As the Council is aware, Axis has received financial support from Pleasanton and the <br /> other Tri-Valley cities for many years. Since the mid-1980's, Pleasanton has provided a <br /> total of over $1.2 million through its annual grant programs (primarily Community <br /> Development Block Grant, or CDBG) toward four separate clinic expansion and <br /> remodeling projects to convert office space to medical space. The City of Livermore <br /> has provided a comparable level of funding for these capital projects. In addition to <br /> capital funding, Pleasanton, Livermore, and Dublin all provide varying levels of annual <br /> financial support for medical programs and services provided by Axis. In recent years, <br /> Pleasanton has provided to Axis annually an average of $100,000 toward capital <br /> projects and $22,000 for services. As shown in the table above, Axis already has <br /> $538,000 set aside for the project in CDBG funds that were allocated by the three cities <br /> in recent years for this project. <br /> HUD's Section 108 loan program allows jurisdictions to borrow against their future <br /> allocations of CDBG funds to obtain a larger infusion of funds for major projects. In the <br /> early 1990's, the City of Livermore (as lead agency) obtained a Section 108 loan to <br /> acquire and rehab the former Family Crisis Shelter in Livermore (operated by Tri-Valley <br /> Haven and known as "Sojourner House"). Although Livermore was the borrower, the <br /> repayment was shared by the three Tri-Valley cities and Alameda County. The final <br /> payment on the Section 108 loan for Sojourner House was made in 2013. <br /> Page 6 of 9 <br />