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SUCCESSOR AGENCY TO THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA Attachment A - Agreed-Upon Procedures and Findings (Continued) Low and Moderate Income Housing Fund Findings: We noted that the State Controller's Office has not completed its review of transfers as of the date of this report. Procedure 2A is not applicable to the Successor Agency as there were no transfers from the Low and Moderate Income Housing Funds of the former redevelopment agency to the City for the period from January 1, 2011 through January 31, 2012. For procedures 2B and 2C, we reviewed the Housing Asset Transfer Form submitted to the Department of Finance and noted disallowed transfers of assets (land held for resale: 415 and 423 S. Raitt Street) in the aggregate amount of $1,000,000. All other assets listed on the Housing Asset Transfer Form were approved by the Department of Finance. The Housing Successor does not concur with the findings and has requested a "meet and confer" session with the Department of Finance. As of the date of this report, a "meet and confer" session has not been scheduled. However, for the purposes of this procedure, we have included the items disallowed by the Department of Finance as a finding on Exhibit A. Further, we noted other assets that were transferred from the former Low and Moderate Income Housing Fund to the Housing Succesor that were not included on the Housing Asset Transfer Form submitted and evaluated by the Department of Finance. For those assets in question, there were no legal requirements or enforceable obligations requiring the transfer of such assets. As a result, we have included such transfers as a finding on Exhibit A. Please refer to Exhibit A for the results of procedures 2B and 2C. 3) Procedures: If the State Controller's Office has completed its review of transfers required under both Sections 34167.5 and 34178.8 and issued its report regarding such review, attach a copy of that report as an exhibit to the AUP report. If this has not yet occurred, perform the following procedures: A. Obtain a listing prepared by the Successor Agency of all transfers (excluding payments for goods and services) from the former redevelopment agency's Low and Moderate Income Housing Fund to any other public agency or to private parties for the period from January 1, 2011 through January 31, 2012. For each transfer, the Successor Agency should describe the purpose of the transfer and describe in what sense the transfer was required by one of the Agency's enforceable obligations or other legal requirements. Provide this listing as an attachment to the AUP report. B. Obtain a listing prepared by the Successor Agency of all transfers (excluding payments for goods and services) from the low and moderate income housing assets held by the Successor Agency to any other public agency or private parties for the period from February 1, 2012 through June 30, 2012. For each transfer, the Successor Agency should describe the purpose of the transfer and describe in what sense the transfer was required by one of the Agency's enforceable obligations or other legal requirements. Provide this listing as an attachment to the AUP report. C. For each transfer, obtain the legal document that formed the basis for the enforceable obligation that required any transfer. Note in the AUP report the absence of any such legal document or the absence of language in the document that required the transfer. 2-10