1. Statewide Community Infrastructure Program
A Program of the California Statewide Communities Development Authority

2. Post-RDA Economic Development
Cities have 5 BASIC TOOLS for Public Private Projects
Economic Development & Real Estate
Real Estate &
Property
Taxes & Revenue Based Financing
Special Districts (CFDs & Assessment Districts
P3 + Infrastructure
Land Use / Zoning (Higher Density, Parking)
These tools often work best when used together 2

3. What is the Statewide Communities Infrastructure Program?
Statewide Communities Infrastructure Program (SCIP) is a pooled tax exempt bond financing program which can finance impact fees and public improvements for private developments
The bonds are issued by the California Statewide Communities Development Authority (CSCDA) which is a JPA sponsored by the League of California Cities (LCC) and California State Association of Counties (CSAC) to promote bond programs of public benefit to its members
Any City/County/Special District can participate in SCIP
SCIP has issued $350 MM in bonds since its inception in 2003
SCIP has expanded to include stand alone CFD financings

4. Who Uses SCIP?
SCIP currently has 70 local agency members which consist primarily of cities and special districts
SCIP provides local agencies a means of offering competitive financing to all developers as a turn key solution which minimizes local agency staff time
Developers use SCIP for a variety of reasons:
Can be part of the capital mix of debt, equity, public financing
Provides off balance sheet/land secured non recourse debt
Can provide competitive advantages with respect to land acquisition costs
SCIP can finance projects which range in size from $250,000 up to $20,000,000 or higher
SCIP provides diversity to investors and economies of scale to its participants which ultimately translates to competitive interest rates and lower costs

5. SCIP Program - Mechanics
Bob Williams
Program Type
Program Description
Impact Fee Reimbursement Program:
Reimburses property owners for Impact Fees collected when a Building Permit is Issued
Impact Fee Pre-Funding Program:
Provides advance funding of Impact Fees requirement as a condition of land entitlements
Acquisition Funding:
Provides funding of improvements completed by developer. Local agency administers the acquisition agreement.
CFD Financing:
CFDs can be funded by SCIP through CSCDA on an issue-by-issue basis
Reimbursement, Pre-Funding Programs and Acquisition Funding can be combined. 5

6. What can be financed with SCIP?
Eligible Improvements
Street and Roadways
Street lighting
Freeway Interchanges
Parking
Pedestrian Malls
Landscaping
Sidewalks
Sewer and Pipelines
Storm Drainage
Parks and Parkways
Flood Control
Bridges and Thoroughfares
Water Supply
Bicycle and Pedestrian Trails
Gas Supply
Open Space and Greenbelts

7. Local Agency Requirements
Must be a member of CSCDA
Adopt resolution consenting to use of the SCIP program
Contained in SCIP manual
Submit and Approve SCIP Applications
Each prospective project will submit an application with a local agency contact for approval
When tax-exempt bonds are issued, the local agency executes a bond closing certificate, which confirms that:
The infrastructure financed through SCIP with bond proceeds is public infrastructure
Property being assessed has valid entitlements
Funds will not be spent in violation of federal tax law
Local agency must approve Requisition of Funds for fees and/or improvements 7

8. SCIP Tasks and Responsibility
SCIP Task and Responsibility Schedule
Task
Responsibility
Pass SCIP Resolution
Local Agency
Conducting the Proceedings
CSCDA
Issuing Bonds
Administering the District
Tax Roll
Lot Splits
Rebate
Continuing Disclosure
Foreclosure
CSCDA / BLX / DTA
Entitlements
Developers in Conjunction with Local Agency
Payment of Fees or Completion of Improvements
Developers
Approve Requisition of Funds
Bond Payments (Investor Risk)
Landowners 8

9. Annual Debt Service / Unit Total Effective Tax Rate
Case Study: SCIP Series 2014B
$10,605,000 CSCDA SCIP Revenue Bonds, Series 2014B
Challenge: Four separate projects located within two jurisdictions were not feasible to finance on a stand alone basis
Solution: Pooled Assessment Bonds provided cost effective financing
Transaction Summary
Purpose: Finance Impact Fees and Improvements
Total Appraised Value: $63,430,000
Overall Value-to-Lien:
Assessment Distribution by Land Use: 100% Residential
Term: 30 Years
Average Interest Rate: 4.5%
Bond Ratings: Non-Rated
Project Breakdown
Local Agency
Project Name
Land Use
Purpose
Units
Assessment / Unit
Bond Amount
Annual Debt Service / Unit
Total Effective Tax Rate
Rocklin
Parkview II
Residential
Fees and Improvements 54
$10,457
$515,000
$587
1.40%
Two Oaks
281
$14,702
$3,785,000
$824
1.45%
Chula Vista
Bahia Vista
Fees 21
$26,146
$500,000
$1,467
1.51%
San Diego
Vista del Sur
189
$25,316
4,390,000
$1,421
1.58%
Manteca
Orchard Park II 72
$21,464
1,415,000
$1,204
2.07% 9

10. 2016 Projects Series Local Agency SCIP Program Project Est. Amount 10
Rohnert Park
University District
Stand Alone CFD
$10.7MM
2016A
City of Manteca
City of Brentwood
City of Petaluma
El Dorado Irrigation District
City of Gardena
Milner Terrace – Fees and Improvements
Ferro Ronconi – Fees
Cader Commerce – Fees
The Overlook – Fees
Newfield – Fees
SCIP Pooled Revenue
$18.6MM
County of Napa
Farallon Capital – Napa Pipe CFD
$16.0MM
Diablo Water District
Iron-House Sanitary District
Bethel Island Improvement District
SunCal – Delta Cove Project
$11.0MM
2016B
City of Fairfield
City of Rocklin
City of Roseville
City of San Diego
Green Valley Village– Fees
Evan Estates – Improvements
The Villages – Fees and Improvements
Granite Terrace – Fees
Foothills American Dream – Fees & Improvements
Vista Del Sur - Fees
$12.1MM
Total:
$68.4MM 10

11. SCIP Local Agencies 11

12. Contact Information
California Statewide Communities Development Authority
James Hamill 1700 N. Broadway, Suite 405 Walnut Creek, CA ph: (925)
California Statewide Communities Development Authority
Jon Penkower 1700 N. Broadway, Suite 405 Walnut Creek, CA ph: (925)
Orrick, Herrington & Sutcliffe LLP
John Knox 405 Howard Street San Francisco, CA ph: (415) fax: (415)
RBC Capital Markets
Bob Williams Two Embarcadero Center Suite 1200 San Francisco, CA ph: (415) fax: (415)
Orrick, Herrington & Sutcliffe LLP
Patricia L. Eichar 1120 NW Couch Street, Suite 200
Portland, OR 97209
ph: (503)
fax: (503)
David Taussig & Associates
Nathan Perez Hyde Street, 5th Floor San Francisco, CA ph: (415) fax: (415)
David Taussig & Associates
David Taussig Birch Street, Suite 6000 Newport Beach, CA ph: (949) fax: (949)
Bond Logistix LLC
Vo Nguyen 777 S. Figueroa St., Suite 3200 Los Angeles, CA ph: (213) fax: (213)