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<br />CITY OF SAN LEANDRO <br />Five-Year History of Motor Vehicle License Fees, <br />Fines and Forfeitures and Service Charges <br /> <br /> 2001-02 2002-03 2003-04 2004-05 2005-06 <br />Motor Vehicle License Fees $4,508,747 $4,680,544 $3,703,102 $527,178 $529,283 <br />VLF Swap 4,348,180 5,217,362 <br />Fines and Forfeitures 583,829 568,776 704,309 685,984 837,602 <br />Service Charges 2,450,726 <br /> 2,391,454 2,741,538 3,907,698 5,128,578 <br /> <br />Source: City of San Leandro. <br /> <br />Investment PoUcies and Procedures <br /> <br />The City Finance Director manages the City's investment portfolio. A copy of the City's <br />current Investment Policy is attached as "APPENDIX C - CITY OF SAN LEANDRO <br />STATEMENT OF INVESTMENT POLICY." For additional information concerning the City <br />investments, see "APPENDIX B - AUDITED FINANCIAL STATEMENTS FOR FISCAL YEAR <br />ENDED JUNE 30,2006." <br /> <br />Outstanding General Fund Obligations <br /> <br />1999 Certificates of Participation. The City is obligated to make lease payments with <br />respect to 1999 Certificates of Participation currently outstanding in the aggregate principal <br />amount of $23,600,000. The 1999 Certificates of Participation mature on November 1, 2029. <br />The 1999 Certificates will be prepaid with Certificate proceeds. <br /> <br />2001 Certificates of Participation. The City is obligated to make lease payments with <br />respect to the $5,020,000 original amount of 2001 Certificates of Participation (Joint Project <br />Area Financing). The 2001 Certificates of Participation mature in 2026. As additional security <br />for the Certificates, the Redevelopment Agency of the City of San Leandro has agreed to pay <br />the City for the 2001 lease payments from redevelopment tax increment revenues derived from <br />property within the City's portion of the Joint Redevelopment Project Area, pursuant to the <br />terms of a Reimbursement Agreement dated as of December 1, 2001. <br /> <br />-27- <br />