Attachment #1 - Planned Project Costs City of Lodi TID No. 4 3/13/2015

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1 Attachment #1 - Planned Project Costs Type of Expenditure % Paid By Costs Allocated Amount Project Other to Project A. Captital Improvements & Streetscaping Gateway at Hwy 113 & Co Rd J and Hwy 113 & Hwy $75,000 75% 25% $56,250 2 Hwy 113 improvements & streetscaping $125,000 75% 25% $93,750 Total Infrastructure $200,000 75% 25% $150,000 B. Infrastructure Stormwater drainage along RR tracks $50, % 0% $50,000 Stormwater drainage ditch adjacent to Dollar Genera $40, % 0% $40,000 Water main replacement & extension to Spring Cree $85, % 0% $85,000 Co Rd J water main loop connecting Development D $250, % 0% $250,000 Sewer extension to Spring Creek Rd. $90, % 0% $90,000 Sewer Lift Station near Hwy 113 & Co Rd J $300,000 50% 50% $150,000 Lift Station upgrades along Hwy 113 $75,000 50% 50% $37,500 Total Infrastructure $890,000 79% 21% $702,500 C. Site Development Costs Trailer Park site remediation & utility removal $30, % 0% $30,000 Other site remediation and development $50, % 0% $50,000 $80, % 0% $80,000 D. Land Acquisition & Assembly Land Acquisition Assistance $50, % 0% $50,000 $50, % 0% $50,000 E. Development Incentives Redevelopment Assistance $100, % 0% $100,000 $100, % 0% $100,000 F. Professional Services Corridor Plan $25, % 0% $25,000 $25, % 0% $25,000 G. Administration Costs City Staff, Fees, Audits $15, % 0% $15,000 Total Administration Costs $15, % 0% $15,000 H. Organizational Costs Department of Revenue Submittal Fee $1, % 0% $1,000 Professional Fees $15, % 0% $15,000 City Staff & Publishing $4, % 0% $4,000 Total Organization Costs $20, % 0% $20,000 I. Inflation $262, % 0% $262,059 Total Project Costs $1,642,059 86% 14% $1,404,559 J. Financing Costs Interest, Fin. Fees, Less Cap. Interest $718,806 Plus Capitalized Interest $13,809 Total Financing Costs $732,615 TOTAL TID EXPENDITURE $2,137,174

2 Attachment #2 - Financing Summary Loan #1 Loan #2 Loan #3 TID Activities 4/1/2015 1/1/2019 1/1/2022 Total A. Capital Costs $75,000 $75,000 $150,000 B. Infrastructure $175,000 $327,500 $200,000 $702,500 C. Site Development Costs $30,000 $25,000 $25,000 $80,000 D. Land Acquisition & Assembly $50,000 $50,000 E. Development Incentives $50,000 $50,000 $100,000 F. Professional Services $25,000 $25,000 G. Discretionary Payments H. Administration Costs $5,000 $5,000 $5,000 $15,000 I. Organizational Costs $20,000 $20,000 Subtotal $305,000 $482,500 $355,000 $1,142,500 Inflation Factor Cost 3% per year $110,914 $151,145 $262,059 Grants Reduction for Land Sale Revenue Total Cost For Borrowing $305,000 $593,414 $506,145 $1,404,559 Capitalized Interest $13,809 $13,809 Financing Fees (2%) $6,100 $11,868 $10,123 $28,091 Debt Reserve Subtotal $324,909 $605,282 $516,268 $1,446,459 Less Interest Earned BORROWING REQUIRED $324,909 $605,282 $516,268 $1,446,459

3 Principal: Interest Rate: Term (Years): # of Principal Payments: Date of Issue: Attachment #3a - Debt Service Plan Bond Issue $324,909 Project Cost: $305, % Finance Fees: $6, Interest Earned: 19 Capitalized Interest: $13,809 4/1/2015 Total TID Cost of Loan: $466,251 Principal Unpaid Principal Interest Total Year Payment # Principal Payment Payment Payment Apply Surplus to Principal $324, $324,909 $11,458 $13,809 $25, $313,451 $11,945 $13,322 $25, $301,506 $12,452 $12,814 $25, $289,054 $12,981 $12,285 $25, $276,073 $13,533 $11,733 $25, $262,539 $14,108 $11,158 $25, $248,431 $14,708 $10,558 $25, $233,723 $15,333 $9,933 $25, $218,390 $15,985 $9,282 $25, $202,405 $16,664 $8,602 $25, $185,741 $17,372 $7,894 $25, $168,369 $18,111 $7,156 $25, $150,258 $18,880 $6,386 $25, $131,378 $19,683 $5,584 $25, $111,695 $20,519 $4,747 $25, $91,176 $21,391 $3,875 $25, $69,785 $22,300 $2,966 $25, $47,484 $23,248 $2,018 $25, $24,236 $24,236 $1,030 $25, Total $324,909 $155,151 $480,059

4 Principal: Interest Rate*: Term (Years): # of Principal Payments: Date of Issue: Attachment #3b - Debt Service Plan Bond Issue $605,282 Project Cost: $593, % Finance Fees: $11, Interest Earned: 19 Capitalized Interest: 1/1/2019 Total TID Cost of Loan: $894,318 Principal Unpaid Principal Interest Total Year Payment # Principal Payment Payment Payment Apply Surplus to Principal $605, $605,282 $21,345 $25,725 $47, $583,938 $22,252 $24,817 $47, $561,686 $23,198 $23,872 $47, $538,488 $24,184 $22,886 $47, $514,304 $25,211 $21,858 $47, $489,093 $26,283 $20,786 $47, $462,810 $27,400 $19,669 $47, $435,410 $28,564 $18,505 $47, $406,846 $29,778 $17,291 $47, $377,067 $31,044 $16,025 $47, $346,023 $32,363 $14,706 $47, $313,660 $33,739 $13,331 $47, $279,921 $35,173 $11,897 $47, $244,748 $36,668 $10,402 $47, $208,081 $38,226 $8,843 $47, $169,855 $39,851 $7,219 $47, $130,004 $41,544 $5,525 $47, $88,460 $43,310 $3,760 $47, $45,150 $45,150 $1,919 $47, Total $605,282 $289,035 $894,318

5 Principal: Interest Rate*: Term (Years): # of Principal Payments: Date of Issue: Attachment #3c - Debt Service Plan Bond Issue $516,268 Project Cost: $506, % Finance Fees: $10, Interest Earned: 19 Capitalized Interest: 1/1/2022 Total TID Cost of Loan: $762,797 Principal Unpaid Principal Interest Total Year Payment # Principal Payment Payment Payment Apply Surplus to Principal $516, $516,268 $18,206 $21,941 $40, $498,062 $18,980 $21,168 $40, $479,083 $19,786 $20,361 $40, $459,296 $20,627 $19,520 $40, $438,669 $21,504 $18,643 $40, $417,166 $22,418 $17,730 $40, $394,748 $23,370 $16,777 $40, $371,377 $24,364 $15,784 $40, $347,014 $25,399 $14,748 $40, $321,615 $26,479 $13,669 $40, $295,136 $27,604 $12,543 $40, $267,532 $28,777 $11,370 $40, $238,755 $30,000 $10,147 $40, $208,755 $31,275 $8,872 $40, $177,480 $32,604 $7,543 $40, $144,876 $33,990 $6,157 $40, $110,886 $35,435 $4,713 $40, $75,451 $36,941 $3,207 $40, $38,511 $38,511 $1,637 $40, Total $516,268 $246,529 $762,797

6 Attachment #4 - Tax Increment ProForma Base Value Tax Rate Property Appreciation Rate Annual Change in Tax Rate Construction Inflation Rate $12,921, % 1.00% 3.00% Assumptions Equalized For County, Village, Technical College, and School District For Existing Construction For New Construction After 2015 Previous Inflation TIF Increment Total Cumulative TIF Tax TIF Year Valuation Increment Construction Land Valuation Increment Rate* Revenue 2015 $12,686,500 $600,000 $13,286,500 $600, $13,286,500 $132,865 $250,000 $13,669,365 $982, $13,669,365 $136,694 $13,806,059 $1,119, $14, $13,806,059 $138,061 $13,944,119 $1,257, $24, $13,944,119 $139,441 $250,000 $14,333,560 $1,647, $27, $14,333,560 $143,336 $14,476,896 $1,790, $31, $14,476,896 $144,769 $14,621,665 $1,935, $41, $14,621,665 $146,217 $250,000 $15,017,882 $2,331, $45, $15,017,882 $150,179 $15,168,060 $2,481, $49, $15,168,060 $151,681 $15,319,741 $2,633, $60, $15,319,741 $153,197 $1,000,000 $16,472,938 $3,786, $64, $16,472,938 $164,729 $16,637,668 $3,951, $69, $16,637,668 $166,377 $16,804,045 $4,117, $101, $16,804,045 $168,040 $16,972,085 $4,285, $106, $16,972,085 $169,721 $17,141,806 $4,455, $112, $17,141,806 $171,418 $17,313,224 $4,626, $117, $17,313,224 $173,132 $17,486,356 $4,799, $123, $17,486,356 $174,864 $17,661,220 $4,974, $129, $17,661,220 $176,612 $17,837,832 $5,151, $136, $17,837,832 $178,378 $18,016,210 $5,329, $142, $18,016,210 $180,162 $18,196,372 $5,509, $148, $18,196,372 $181,964 $18,378,336 $5,691, $155, $18,378,336 $183,783 $18,562,119 $5,875, $162, $18,562,119 $185,621 $18,747,741 $6,061, $169, $18,747,741 $187,477 $18,935,218 $6,248, $176, $18,935,218 $189,352 $19,124,570 $6,438, $184, $19,124,570 $191,246 $19,315,816 $6,629, $191, $19,315,816 $193,158 $19,508,974 $6,822, $199,638 Total $4,472,474 $2,350,000 $2,788,661

7 Attachment #5 - Tax Increment Cash Flow Revenues Expenses TID #3 Capital Annual Beginning Interest & TIF Interest Surplus Total Debt Other Surplus Year Balance Debt Reserve Revenues Income Revenue Revenues Service Expenses (Deficit) ,809 14, ,317 25, ,050 3, , , ,918 47,936 25,266 8,250 14,420 17, , , ,683 52,385 25,266 8,250 18,869 36, , , ,471 56,983 25,266 8,250 23,467 59, , , ,285 68,027 72,336 8,250 (12,559) 47, , , ,124 72,860 72,336 8,250 (7,726) 39, , , ,989 77,857 72,336 8,250 (2,728) 36, , , ,881 89,504 72,336 8,250 8,918 45, , , ,801 95, ,483 8,250 (25,728) 19, , , , , ,483 8,250 (20,246) (262) 2027 (262) 0 101, , , ,483 8,250 12,131 11, , , , , ,483 8,250 18,654 30, , , , , ,483 8,250 25,386 55, , , , , ,483 8,250 32,333 88, , , , , ,483 8,250 39, , , , , , ,483 8,250 46, , , , , ,483 8,250 16, , , , , ,483 8,250 22, , , ,990 1, , ,483 8,250 29, , , ,691 10, ,013 87,217 8,250 70, , , ,564 13, ,883 87,217 8,250 80, , , ,611 16, ,349 87, , , , ,839 20, ,790 87, , , , ,250 25, ,900 40, , , , ,848 32, ,713 40, , , , ,638 40, , ,347 1,198,193 Total 13,809 2,788, , ,055 3,420,073 2,056, ,000 Balance After Surplus to Principal Other Expenses include: Site Development,Professional Services, Discretionary Spending, Administration Costs, and Organizational Costs. 0.50% = Assumed Investment Rate For Interest Income

8 Attachment #6 - Analysis of Impact on Overlying Jurisdictions Over Maximum Life of TID Taxing Jurisdiction % of Mill Rate by Jurisdiction Annual Taxes Collected on Base Value Distributed to Taxing Jurisdictions Total Taxes Captured by TID Not Distributed to Jurisdictions Annual Taxes Collected After TID Increase in Annual Tax Collections After TID School District 75.0% $231,871 $2,090,274 $467,191 $235,320 Tech. College 2.1% $6,421 $57,884 $12,937 $6,516 County 8.9% $27,456 $247,511 $55,320 $27,864 Local 14.1% $43,594 $392,992 $87,836 $44,242 Total 100.0% $309,342 $2,788,661 $623,285 $313,944