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SECTION IV <br />dta SCOPE OF WORK <br />w TinanceDTA.corn <br />Subtask 3.2 — Bonding Capacity <br />As part of this subtask, DTA will perform the following: <br />• Base Case Tax Rate Allocation (the City's Property Tax Rate Only): This bonding <br />capacity analysis scenario will be based on the availability of only the City's share of the <br />basic 1% ad valorem property tax as identified by each TRA within the proposed EIFD <br />boundary; and <br />• Alternative Tax Rate Allocation (the City's and County's Property Tax Rates): This <br />property tax rate scenario will be based on the availability of both the City's and County's <br />share of the basic 1% ad valorem property tax as identified by each TRA within the <br />proposed EIFD boundary. <br />Deliverables: Bonding Capacity and Pay -as -You -Go Capacity Calculations Using the Base Case <br />and Alternative Tax Rate Allocations for all the Alternative EIFD Areas for 10, 20, 30, and 45-Year <br />Periods <br />Task 4 — Identify Infrastructure Needs <br />Subtask 4.1 — Identify Infrastructure Needs and Community Development Investments <br />Based on the results of the tax increment analysis and direction from staff, DTA will update the <br />maps and matrix identifying the recommended community development projects and <br />programs. DTA's engineering staff will prepare Rough Order of Magnitude cost estimates for <br />infrastructure projects and DTA will support this effort by providing cost estimates for any future <br />City policies, plans, or programs. <br />Deliverable: Summary of Facilities and Community Investment Projects to be Financed and the <br />Costs of Such Facilities Projects <br />Subtask 4.2 — Identify other Funding Sources <br />As noted previously under Subtask 2.2, DTA will evaluate a series of other sources of funding <br />sources aside from TIF to fund needed public improvements. These include CFD and AD <br />financing, Certificates of Participation, Revenue Bonds, benefit area DIF programs, NMTCs, and <br />State grant programs, all of which are programs that DTA regularly employs during its <br />engagements. DTA can also investigate alternative financing programs to support operations <br />and maintenance efforts within the selected EIFD, <br />Deliverable: Summary Memo Detailing the Other Funding Sources that Could Be Utilized to <br />Finance Infrastructure Under this Program and the Amount of Funding that Could Be Made <br />Available on a Year -to -Year Basis <br />Task 5 — Next Steps for Implementation <br />DTA will prepare the Next Steps Summary Memo, including a write-up on the final infrastructure <br />improvements and program/policy-related actions to be taken. Based on DTA's experiences <br />establishing several EIFDs, our firm will prepare a detailed schedule providing each of the steps <br />involved in forming an EIFD and obtaining approval from the voters for the eventual sale of EIFD <br />bonds. DTA has copies of all the documents utilized in its recently formed EIFDs, including two <br />Cityof Santa Ana September 8, 2023 <br />Proposal for Consultant Seances Related to the Evaluation of an EIFD and a CFD <br />16 <br />