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<br />. . <br /> <br />. ..' <br /> <br />. <br /> <br />. <br /> <br />, <br /> <br />, <br /> <br />Mr. Richard E. Goblirsch <br />Community Redevelopment Agency <br />of the City of Santa Ana <br /> <br />April 18, 1974 <br />Page 3 <br /> <br />We estimate the time requirements for Task 1 to be five working days <br />for work to be performed at the Agency and County offices, two work- <br />ing days for work to be performed at the offices of the State Board of <br />Equalization, and three working days for preparation of Consultant's <br />findings and recommendations, Time required for attendance at meet- <br />ings to discuss or implement Consultant's findings and recommenda- <br />tions would be in addition to the above estimates, and would be at <br />the direction of the Agency. <br /> <br />As stated in Paragraph 15 (a) of our April 2 proposal to the Agency, fees <br />for performance of the foregoing services would be charged at the rate <br />of $35 per hour (including travel time), and would be billed as the <br />work is performed. The estimated maximum charge for Task 1 is $2,800 <br />(exclusive of time involved in attendance at meetings) . Consultant <br />will be responsible for all expenses of travel, meals and lodging. <br /> <br />TASK 2: Assist in preparation of overall financing plan for imple- <br />. mentation of the redevelopment program. <br /> <br />SERVICES: <br /> <br />(a) In cooperation with Agency and its other advisors and <br />consultants, develop and/or review a detailed project <br />expenditures budget, timing of Agency fund requirements, <br />and proposed project development schedule. Also assist <br />in preparation of cost estimates of public improvements <br />or facilities that are to be provided by the Agency or other <br />public entities as part of the project. <br /> <br />(b) Assist in the preparation of a year-by-year incre- <br />mental assessed valuation projection of the project, <br />considering separately possible reductions of the frozen <br />. base assessed valuation, and new development that is <br />completed, in progres s, planned and anticipated during <br />the period covered by the projection. <br /> <br />(c) On the basis of (a) and (b) above, prepare or assist <br />in the preparation of a year-by-year projection of <br />tax increment income that may be expected to be derived <br />from the project. <br /> <br />~(\f' <br />