|
12/03/2012
<br />Table 5
<br />Assessed Value to Burden Ratios for Property Owners in the District
<br />Note that the foregoing table does not take into account any direct and overlapping debt
<br />applicable to any of the Taxable Parcels. See "THE DISTRICT—Direct and Overlapping
<br />Governmental Obligations."
<br />Special Tax Levies and Delinquencies
<br />Special Taxes were first levied in the District in fiscal year 2002-2003. There have never
<br />been any delinquencies in the payment of Special Taxes levied. in the District. See also
<br />"SECURITY FOR THE BONDS ---County Teeter Plan."
<br />Direct and Overlapping Governmental Obligations
<br />The current and estimated direct and overlapping obligations affecting the property in
<br />the District are shown in the following Table 6. Table 6 was prepared by California Mulucipal
<br />Statistics, Inc., and is included for general information purposes only. The City has not
<br />reviewed this report for completeness or accuracy and makes no representation in connection
<br />therewith.
<br />-28-
<br />36 RESO, # 15237
<br />MUFF # 505
<br />Value to
<br />Number of
<br />2012/2013
<br />Share of
<br />Allocable
<br />Taxable
<br />Countv
<br />Principal of
<br />2013 Bond
<br />Property Owner")
<br />Parcels `�
<br />Assessed Value"}
<br />2013 Bonds"' «
<br />Principal'"
<br />WESTPORT OFFICE PARK LLC
<br />3
<br />$ 258,573,637
<br />5 2,450,859.66
<br />105.50
<br />ELECTRONIC ARTS INC
<br />3
<br />179,850,635
<br />1,879,283.76
<br />95.70
<br />SI'K-TOWERS @ SHORES CENTER LLC
<br />2
<br />120,959,791
<br />861,123.63
<br />140.47
<br />PLCP SF BAY HOTEL OWNERCO LLC
<br />1
<br />64,627,090
<br />7N,839.59
<br />91.04
<br />METROPOLITAN LIFE INS CO
<br />1
<br />47,362,699
<br />606,332.38
<br />78.1,1
<br />CA-SHOREBREEZE OFFICE LTD I'TP
<br />2
<br />75,946,534
<br />557,197.78
<br />136.30
<br />SPK -TWIN DOLPHIN PLAZA LLC
<br />1
<br />68,266,550
<br />506,543.40
<br />134.77
<br />CA 333 TWIN DOLPI I.IN OFFICE L P
<br />1
<br />62,293,227
<br />463,487.26
<br />134.40
<br />PROVIDENT CENTRAL CRFDrl UNION
<br />1
<br />34,591,4:09
<br />417,898.22
<br />83.49
<br />REALTY ASSOCIATES FUND VTI LP
<br />2
<br />34,236,029
<br />341,888.78
<br />100.14
<br />SHAPELL INDUSTRIES 'INC
<br />1
<br />25,230,228
<br />313,958.20
<br />80.36
<br />RNM 1 WIN DOLPHIN L P
<br />2
<br />22,285,154
<br />306,949.94
<br />72.60
<br />BAY CLUB PENINSULA LLC
<br />1
<br />30,525,437
<br />253,494.52
<br />120.42
<br />1011 REDWOOD SHORES LLC
<br />1
<br />29,288,906
<br />253,271.70
<br />1,15.64
<br />AG PREMTA REDWOOD SHORES LHC
<br />1
<br />7,333,800
<br />224 297.24
<br />32.70
<br />HINL S VAF NO CAI, PROPERTIES L P
<br />1.
<br />20,000,000
<br />190,242.41
<br />105.13
<br />LBA REALTY FUND III COMPANY I LLC
<br />1
<br />21,999,960
<br />15S,294.72
<br />138.98
<br />REDWOOD SUITES LLC
<br />1
<br />10,600,000
<br />143,584:.79
<br />73.82
<br />SHP WESTSHORE LLC
<br />23
<br />15,686,173
<br />124,355.65
<br />126.14
<br />350 MARINE PARKWAY LLC
<br />1
<br />10,000,0()()
<br />85,605.83
<br />116.81
<br />BRIDGE PARK CENTER LP
<br />1
<br />9,789,309
<br />63,788.82
<br />153.46
<br />MAT SU WUAN TR
<br />1
<br />4,041,477
<br />42,432.96
<br />95.24
<br />REDWOOD SHORES ASSOCIATES LLC
<br />1
<br />3,701,952
<br />2€1,393.36
<br />381.53
<br />VERTEX MANAGEMENT INC
<br />1
<br />399,392
<br />5,206.78
<br />76.71
<br />SAN MATEO CO DENTAL. SOCIETY
<br />1.
<br />274,126
<br />4,668.62
<br />58.72
<br />Totals:
<br />55
<br />$1,158,163,515
<br />$10,955"Txi( 00�
<br />(1) From Table 1.
<br />(2) Based an each respective Taxable Parcel's share of the Fiscal Year 2012-13 annual Special Tax
<br />levy (see last
<br />column in "fable 3), and the estimated initial principal amount of the Bonds of $10,985,000.
<br />(3) Preliminary, subject to change if principal amount of Bonds issued is not $10,985,000.
<br />Source: Willdan Financial Services.
<br />Note that the foregoing table does not take into account any direct and overlapping debt
<br />applicable to any of the Taxable Parcels. See "THE DISTRICT—Direct and Overlapping
<br />Governmental Obligations."
<br />Special Tax Levies and Delinquencies
<br />Special Taxes were first levied in the District in fiscal year 2002-2003. There have never
<br />been any delinquencies in the payment of Special Taxes levied. in the District. See also
<br />"SECURITY FOR THE BONDS ---County Teeter Plan."
<br />Direct and Overlapping Governmental Obligations
<br />The current and estimated direct and overlapping obligations affecting the property in
<br />the District are shown in the following Table 6. Table 6 was prepared by California Mulucipal
<br />Statistics, Inc., and is included for general information purposes only. The City has not
<br />reviewed this report for completeness or accuracy and makes no representation in connection
<br />therewith.
<br />-28-
<br />36 RESO, # 15237
<br />MUFF # 505
<br />
|