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10A Action 2009 0120
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10A Action 2009 0120
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Last modified
1/16/2009 1:25:22 PM
Creation date
1/16/2009 1:25:14 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
1/20/2009
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PERM
Document Relationships
_CC Agenda 2009 0120
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2009\Packet 2009 0120
MO 2009-003
(Reference)
Path:
\City Clerk\City Council\Minute Orders\2009
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STATEMENT OF INDEBTEDNESS -FISCAL YEAR INDEBTEDNESS <br />FILED FOR THE 2007 - 08 TAX YEAR Page <br />Name of Redevelopment Agency City of San Leandro Redevelopment Agency <br />Name of Project Area City-County Joint Project- (City) <br />For Indebtedness Entered into as of June 30, 2008 <br />Form A <br />of ~ <br /> Ori final Data Current <br /> <br />Debt Identification <br />Date <br />Princi al <br />Term Interest <br />Rate Total <br />Interest Total <br />Outstandin Debt Principal/Interest <br />Due Durin Tax Year <br />A} City Loan to A enc 07/01/94 $4,372,774 Untii Paid 6.00% $ - $3,807,307 $297,833 <br />(B) Ba fair Development A reement 09/30/95 3,600,000 None 0.00% - 1,200,000 250,000 <br />C Ar onaut Holdin :Auto Mall 12/06/99 885,000 None 0.00% - 89,542 89,542 <br />D) Ford Motor Co: Auto Mall 03/06/00 3,000,000 20 Yr 0.00% - 2,234,164 68,305 <br />(E) 2001 Certicates of Participation 06/01/02 5,020,000 25 Yr Various 3,681,073 6,510,958 349,111 <br />(F Batarse Famil Trust 06/30/02 $390,000 Until Paid 0.00% $ - $390,000 $ - <br /> <br /> <br />Sub Total, This Pa e $14,231,971 $1,054,791 <br />Totals Forward From All Other Pa es 7,105,876 134,843 <br />Totals, Fiscal Year Indebtedness $21,337,847 $1,189,634 <br />Purpose of Indebtedness: <br />(A} Advance from City for Operating Costs <br />(B) Bayfair Mall Improvements. <br />(C} Owner Participation Agreement General Motors <br />(D} Owner Participation Agreement Ford Property Development <br />(E) Certificates of Participation issued in 2001 <br />(F) Owner Participation Agreement -Batarse Family Trust <br />Rev. 7/6/2000 <br />SL - G:\F°fmslSlale of CA15tmt of Indebtedness <br />
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