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. .', c .' :.;' . .ØJÿ . . I I E~~l!,1t S ' STONE & YOUNGBERG MUNICIPAL FINANCING CONSULTANTS. INC. April 18. 1974 Mr. Richard E. Goblirsch Executive Director Community Redevelopment Agency of the City of Santa Ana 20 Civic Center Plaza Santa Ana. California 92701 Dear Mr. Goblirsch: We are pleased to respond to your letter of April 10. 1974. re- questing a specific outline of financial consulting services in con- nection with the enumerated task areas which have a bearing on the Agency's redevelopment financing program. This reply should be considered as an addenda to our original proposal of April 2, 1974, since the general scope of services to be performed and proposed fee schedule are contained therein. It has consistently been our position that virtually any municipal fi- nancing program merits a comprehensive analysis of costs, sources of revenues and other pertinent factors, so that our clients and po- tential bond purchasers will be in full possession of aU relevant par- ticulars surrounding a given financing program prior to the incurrence of indebtedness, In this connection, the impartial analysis can pro- vide the grounds for broad policy decisions by administration, and provide material assistance in the explanation of these decisions to the public and other interested governmental entities. Consequently, we welcome the opportunity to describe the specific services we pro- pose to perform for the Agency in the following identified work areas. TASK 1: Review and confirm Project frozen base assessed valuation, includinq possible revisions. reductions. increments and procedures for payments to the Aqency. SERVICES: (a) Review Agency proceedings for adoption of the re- development plan and boundary description of the redevelopment project, (b) Consult with Agency regarding present and proposed land uses within project area. Exhibit I SUITE ""0 ' ONE CALIFORNIA STREET, SAN FRANCISCO. CALIFORNIA 04111 ' (AIS) 989"300 Lf\é