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<br />11
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<br />5
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<br />11
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<br />I~:
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<br />28
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<br />63
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<br />61
<br />62
<br />63
<br />
<br />864
<br />65
<br />86
<br />67
<br />68
<br />" 68
<br />70
<br />71
<br />72
<br />73
<br />74
<br />
<br />Proof of February 21, 1978
<br />
<br />SANTA ANA-7923
<br />
<br />Bowne of San Francisco, Inc., 981-7882
<br />
<br />GALLEY 30-
<br />
<br />In addition to the above, there are a number of
<br />developments within the Projeci area which have
<br />been recently completed or are in progress, These are
<br />outlined in Table 2 on page, , and further described
<br />in the following subsection entilled "Project Expendi-
<br />ture Program," commencing on page, .. Table 2
<br />presenls a summary of projected incremental assessed
<br />valuation estimated to be generated from these de-
<br />velopments,
<br />
<br />Table 2
<br />CITY OF SANTA ANA REDEVELOPMENT PROJECT AREA
<br />Project DevBlopment SchBdule and Estimated AsS8SBed Valuations
<br />
<br />Developer
<br />
<br />Estimated
<br />Completion
<br />Dale
<br />
<br /> Aclual or
<br /> Eslimaled
<br /> Incremenlal
<br />Eslimaled Assessed
<br />Full Value Valuatlon(j)
<br />$52,958,464 $13,239,616<1)
<br />$52,958,464 $13,239,616
<br />$ 3,028,160@ 757,040
<br />53,656@ 13,414
<br />52,320@ 13,080
<br />300.000@ 75,000
<br />125,OOO@ 31,250
<br />4oo,Ooo@ 100,000
<br />$ 3,959,136 989,784
<br />225,104@ 56,276
<br />3,OOO,ooO@ 750,000
<br />3,260,848@ 815,212
<br />$ 6,485,952 $ 1,621,488
<br />$ 5,000,000@ $ 1,250,000
<br />$ 5,000,000 $ 1,250,000
<br />$68,403,552 $17,100,888
<br />
<br />On 1977/78 Tax Rolls ""","""""""",,,.,,.,
<br />1977/78 Sublolal """""""""""",,",",,,,
<br />On 1978/79 Tax Rolls:
<br />Sanla Ana Towers """""",",""""","",,
<br />Law office building """"""""""""",,
<br />Relall slore ....""".."........",............
<br />Orange Counly Employees Credit Union, , , , " " " " , ,
<br />Goodyear Tire store """"",,,,",,"""""'"
<br />Home Federal Savings of San Diego branch, , , , , ,
<br />
<br />1978/79 Sublotal """,""""","""",,,
<br />
<br />On 1979/80 Tax Rolls:
<br />Spurgeon apartments ..,...."""...."....,....,
<br />Santa Ana Townhouses """"""""""",,,,,
<br />Rosswood Villa......" .. .. .. .. .. " .. .. .. .. .. ..
<br />
<br />1979/80 Subtotal"""""""","""""",,,,,
<br />
<br />On 1980/81 Tax Rolls:
<br />Santa Ana InlownHousing """"""'"""""',"
<br />
<br />1980/81Subtolal"","""""""""",,,,,
<br />
<br />GrandTotal"""","",""""""",
<br />
<br />Compleled
<br />Completed
<br />Completed
<br />Completed
<br />2/78
<br />2/78
<br />
<br />6/78
<br />12/78
<br />11/78
<br />
<br />1/80
<br />
<br />o(j) AI assessment ratio of 25% of full value" Does not retlect partial assessme"~ if any. of conslruction in progress"
<br />@ As reported by Orange Cou"ty Audilor-Controller,
<br />@ Building permit value as reported by City of Santa Ana" Excludes site, fixtures, personal property, and inventory
<br />valuations, .
<br />@ Developer estimate of apartment values to be conslructed pursuanl to Disposition and Developmenl Agreement,
<br />
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