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TABLE 4
<br />REDEVELOPMENT AGENCY OF THE CITY OF SAN LEANDRO
<br />Alameda County -City of San Leandro Redevelopment Project Area
<br />Ten Largest Taxpayers by Assessed Valuation
<br />Fiscal Year 2007-08
<br /> of Area % of Area
<br /> Total Total
<br /> Secured And Unsecured Assessed Incremental Principal
<br />Property Owner Utility AV AV Total AV Valuation' Valuation z Land Use
<br />Ghirardelli Chocolate $73,448,390 $ 0 $73,448,390 3.31% 5.59% Industrial
<br />General Foods Corp. 50,896,207 0 50,896,207 2.29 3.87 Industrial
<br />AMB Property Corp. 50,538,229 0 50,538,229 2.28 3.85 Warehouse
<br />Peterson Tractor Co. 15,998,801 23,857,154 39,855,955 1.80 3.03 Industrial
<br />Georgia Pacific Corp. 13,233,163 19,185,387 32,418,550 1.46 2.47 Industrial
<br />Batarse Anthony Jr. Tr. 29,153,175 0 29,153,175 1.31 2.22 Commercial
<br />ACCO Engineered Sys. 13,546,747 4,935,545 18,482,292 0.83 1.41 Industrial
<br />YIP Holdings Two LLC 17,220,257 0 17,220,257 0.78 1.31 Commercial
<br />Grossman Geoffrey Tr. 16,215,149 0 16,215,149 0.73 1.23 Commercial
<br />Carlton Plaza LLC 15,234,588 0 15 234 588 0.69 1 16 Assist'd livn
<br />Total, Top Ten: $295,484 706 $47 978 086 $343 462 792 15 49% 26 13%
<br />Total: $2,217,907,127
<br />2 Total: $903,597,367
<br />Source: County of Alameda; Urban Analytics
<br />Tax Rates
<br />The tax rate applicable to redevelopment incremental assessed valuation includes the
<br />basic 1 % levy. In addition, redevelopment agencies receive tax revenue from debt service
<br />override levies except those that were imposed to repay indebtedness approved by voters on or
<br />after January 1, 1989.
<br />The Agency receives revenue on a pre-1989 indebtedness issued by the East Bay
<br />Regional Parks District; however, the Agency pays this amount to the District under the terms of
<br />the fiscal agreement with the District. The associated tax levy is 0.0080% applied to valuations
<br />on the secured roll and 0.0085% to valuations on the unsecured roll. These levies change
<br />annually; the levies for the past five years are shown in the table below. For purposes of the tax
<br />increment projections shown on Table 8 herein, it is assumed that the debt services levies
<br />reduce to zero over aten-year period.
<br />TABLE 5
<br />REDEVELOPMENT AGENCY OF THE CITY OF SAN LEANDRO
<br />Alameda County -City of San Leandro Redevelopment Project Area
<br />Debt Service Levies Applied to Project Area
<br />Fiscal Year Secured Levv Unsecured Levv
<br />2003-04 0.0057% 0.0065%
<br />2004-05 0.0057 0.0057
<br />2005-06 0.0057 0.0057
<br />2006-07 0.0085 0.0057
<br />2007-08 0.0080 0.0085
<br />Source: Alameda County Controller, Urban Analytics
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