DEVELOPER WORKSHOP October 17, 2007 2:00 p.m. CITY OF ANAHEIM PLATINUM TRIANGLE IMPLEMENTATION PLAN for PUBLIC WORKS BACKBONE FACILITIES IMPROVEMENTS OVERVIEW DEVELOPER WORKSHOP October 17, 2007 2:00 p.m.

GENERAL PLAN DESIGNATIONS EXPANSION MODIFICATIONS

LAND USE SUMMARY Original Expansion Residential 10,266 DU 18,363 DU Office 5.0M sf 16.8M sf Commercial 2.3M sf 5.7M sf Institutional Up to 1.5M sf (ARTIC)

N SR-57 I-5 OUTER CERRITOS RING OUTER DOUGLASS RING SUNKIST HOWELL LEWIS 3 16 15 7 4 1 SR-57 KATELLA 8 5 ANAHEIM WAY 9 I-5 ANAHEIM STADIUM GENE AUTRY STATE COLLEGE SANTA ANA RIVER 6 10 12 ORANGEWOOD 14 13 2 N OUTER RING PLATINUM TRIANGLE CORE

IMPLEMENTATION PLAN OBJECTIVES Delineate Backbone Improvements Quantify Improvement Costs Develop Implementation Schedule Calculate Cash Flow for Implementation

HIGHWAY IMPROVEMENTS

HIGHWAY IMPROVEMENTS

HIGHWAY IMPROVEMENTS PROPOSED CURB PROPOSED R/W PROJECT LANDSCAPING PROPOSED CURB PROPOSED R/W PROPOSED R/W ACQUISITION PROPOSED STRIPING

HIGHWAY IMPROVEMENTS PROPOSED CURB PROPOSED R/W PROJECT LANDSCAPING PROPOSED CURB PROPOSED R/W PROPOSED R/W ACQUISITION PROPOSED STRIPING

UTILITIES SEWER IMPROVEMENTS DRAINAGE IMPROVEMENTS WATER SYSTEM IMPROVEMENTS ELECTRICAL SYSTEM IMPROVEMENTS, INCLUDING UNDERGROUNDING

PROJECT SEGMENTATION C A 11 F E 2B B 7 1C D 6 1A 1B 7 1D 5 12 6 4B 4A CORE PROJECTS KATELLA STATE COLLEGE ORANGEWOOD GENE AUTRY ANAHEIM WAY LEWIS DOUGLASS WATER WELL (TBD) FIRE STATION MAJOR STORM DRAIN SR57 IMPROVEMENTS ORANGE INTERSECTIONS 10 2A 9 UNFUNDED PROJECTS CERRITOS LEWIS NORTH DOUGLASS NORTH HOWELL SUNKIST MAJOR STORM DRAIN NORTH 3A 3B 3C 2D 2C

BACKBONE INFRASTRUCTURE COST SUMMARY

CONSTRUCTION COMPLETION SCHEDULE 11 SR57 7 DOUGLASS 2B STATE COLLEGE 1C KATELLA 6 LEWIS KATELLA 1B 1A KATELLA 7 DOUGLASS 1D 12 ORANGE INTERSECTIONS 5 ANAHEIM WAY 6 LEWIS 4B GENE AUTRY 4A GENE AUTRY 10 MAJOR STORM DRAIN 2A STATE COLLEGE Phase 2 Phase 3 Phase 5 Phase 6 Phase 7 Phase 8 Phase 10 9 FIRE STATION 3B ORANGE WOOD 3C ORANGEWOOD ORANGEWOOD 3A 2D 2C STATE COLLEGE

CASH FLOW SUMMARY

CITY OF ANAHEIM PROPOSED FINANCING DISTRICTS for PLATINUM TRIANGLE DEVELOPER WORKSHOP October 17, 2007 2:00 p.m.

PRESENTATION OUTLINE Financing Project Overview Development Projections Rate & Method of Apportionment Estimated Timeline Questions & Answers

A. Financing Project Overview

Platinum Triangle Background City Council Approved Implementation Plan & Feasibility Study in December 2005 Implementation Plan described: • Backbone infrastructure required for Platinum Triangle • Estimated costs • Timing of construction Feasibility Study recommended formation of financing districts to fund backbone infrastructure improvements and ongoing maintenance.

Current Proposal • CFD to fund public facilities and infrastructure • One Maintenance AD which overlaps CFD plus other areas • Future development outside of current CFD will annex into the CFD • Reduced Tax Rates by approximately 5% from December 2006 proposal • Multiple bond issues as development progresses

Terminology The initial CFD encompasses the area originally considered the “Platinum Triangle Mixed Use Overlay Zone” plus 3 approved/pending projects and the ARTIC District. The initial CFD boundary includes property within: • Arena District • Gateway District (excluding Stadium Lofts) • Gene Autry District • Katella District (portion) • Stadium District • Orangewood District (portion) • ARTIC District For a variety of reasons, the AD boundary will be slightly larger than the initial CFD boundary.

Proposed CFD No. 08-1 D

B. Development Projections

Development Projections Scenario 1: Full Platinum Triangle Expansion

Development Projections Platinum Triangle Development Projections Scenario 2: Approved & Pending-Approved Projects Only

C. Rate & Method of Apportionment

Rate & Method of Apportionment CFD No. 08-1 Special Tax Categories • Developed Property: All property for which a building permit was issued after January 1, 2005 and prior to September 1 of the prior fiscal year. • Approved Property: All property for which a development agreement was executed with the City after August 24, 2004 and prior to March 1 of the prior fiscal year and not classified as Developed Property. • Existing Property: All property that has an improvement value greater than $0 and not classified as Developed or Approved Property. • Undeveloped Property: All property not classified as Developed, Approved, or Existing Property.

Rate & Method of Apportionment CFD No. 08-1 • Annual Special Tax pays debt service on bonds or directly for backbone infrastructure New Development • Estimated FY 08-09 Maximum Special Tax: • Estimated at $704 to $2,754 per residential unit based on size of unit • Estimated at $1.62 per square foot of non-residential building square feet • Rates escalate annually by 2% for the life of the tax • Rates approximately 5% less than rates presented in December 2006.

Rate & Method of Apportionment Preliminary Rate & Method of Apportionment CFD No. 08-1 Existing Development • Estimated FY 08-09 Maximum Special Tax: • $5,671 per acre for Existing Property • $400,000 per acre for Approved Property • $5,671 per acre for Undeveloped Property • Rates escalate annually by 2% for the life of the tax Order of Levy 1) Up to 100% on Developed Property and 90% on Existing Property 2) Up to 90% on Approved Property 3) Up to 100% on Approved and Existing Property 4) Up to 100% on Undeveloped Property

D. Estimated Timeline

Community Facilities District Community Facilities District Formation Process Community Facilities District 1st Bond Issuance Resolution of Intention (ROI) Public Hearing Resolution of Formation (ROF) Election 11/27/2007 1/8/2008 1/8/2008 April 2008 July 2008

Platinum Triangle Next Steps • Next Developer Meeting on November 7, 2007

E. Questions & Answers