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Sheet One
<br />COMPARISON OF VINEYARD AVENUE CORRIDOR SPECIFIC PLAN FUTURE EXPENSES
<br />AND REVENUES FROM SEPTEMBER 19, 2006 TO JANUARY 16, 2007
<br />January 16, 2007
<br />ESTIMATED FUTURE SPECIFIC PLAN INFRASTRUCTURE EXPENSES
<br />Water Infrastructure 9/19/2006 1/16/2007
<br />Water Storage Tank (One Million Gallons) $3,301,206 $3,300,000
<br />Water Improvements, to Meet Non-Corridor Needs* $1,300,000 $1,300,000
<br />Water Tank Access Road $1,220,000 $1,888,000
<br />Pump Station $2,300,000 $2,686,700
<br />Zone 7 Turnout Improvements $410,000 $300.312
<br />Subtotal Water Infrastructure $8,531,206 $9,475,012
<br />Other Infrastructure Costs and Payments Due
<br />Old Vineyard Trail $635,000 $635,000
<br />Vineyard Avenue Landscaping $115,000 $115,000
<br />Traffic Signal @ Pietronave Lane $210,000 $210,000
<br />Miscellaneous Construction Claims $70,000 $12,119
<br />Detention Pond Ramp $20,000 $20,000
<br />PG&E Protection Bollards $15,000 $2,649
<br />Reimbursements Due Developers $1,629,228 $1,629,228
<br />Outstanding Sewer Loan Payments Due City (Existing Loan #1) $1,178,625 $1,178,625
<br />Outstanding Partial Water Loan (Existing Lcan #2)" $385,000 $385,000
<br />Project Contingencies and Revenue Uncertainties $808,423 $309,441
<br />Subtotal Other Improvements and Payments Due $5,066,276 $4,497,062
<br />Total All Infrastructure Improvements and Payments Due $13,597,482 $13,972,074
<br />PROJECTED REVENUE SOURCES
<br />Current Balance of Vineyard Corridor Development Fees $2,658,988 $2,588,786
<br />Future Specific Plan Development Fees -New Development $4,250,000 $4,658,000 (f )
<br />Future Specific Plan Development Fees -Existing Homes $630,000 $668,000 (2)
<br />Reimbursements Due City $4,758,494 $4,758,494
<br />City CIP (011223) Contribution for Non Corridor Improvements*** $645,000 $645,000
<br />Future Revenue from Water Rate Adjustment or Other Source **`" $655,000 $655,000
<br />Total Projected Revenue $13,597,482 $13,973,280
<br />' Includes 400,000 gallon reservoir storage capacity and additional capacity to pump station and turnout.
<br />"From CIP Water Project (01123)
<br />"'As anticipated in CIP Water Project (01123)
<br />""Requires City Council Authorization and evaluation of other funding options.
<br />1. Assumes Specific Plan fee of $68,500/ unit
<br />2. Assumes a Specific Plan fee of $47,714/ unit
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