Program: Statewide Community Infrastructure Program “SCIP” Purpose: Financing of Development Impact Fees - Building Permit Fee Reimbursement Program - Impact Fee Pre-Funding Program - Acquisition Financing Program Security: 1913/1915 Act Special Assessment Obligations - Established Statewide, County-by-County Finance Team: RBC Capital Markets – Bond Underwriter Orrick, Herrington & Sutcliffe – Legal Counsel Bond Logistix – Program Administration MuniFinancial/Willdan – Assessment Engineer Wells Fargo – Trustee

1. Statewide Community Infrastructure Program Making Business In Corona, CA Easier, Faster, Better… “SCIP” Prepared For TeamCorona.com

5. Sample Impact Fee Schedule (Residential) Amount that can be Reimbursed from SCIP

6. Sample Assessment Lien (Residential) Total SCIP Eligible Fees 13,798 $ Plus: Debt Service Reserve Fund (7.5%) 1,183 Costs of Issuing Bonds (5.5%) 879 Total Assessment Bond Lien 15,860 $ Amortization Term (Years) 30 Assumed Interest Rate 5.25% Annual Assessment Due* 1,087 $ *Preliminary and Subject to Change

7. Sample Impact Fee Schedule (Commercial) Amount that can be Reimbursed from SCIP

8. Sample Assessment Lien (Commercial)

17. SCIP Contact Information RBC Capital Markets Robert L. Williams, Jr. 345 California Street, Suite 2800 San Francisco, CA 94104 (415) 445-8674 voice (415) 445-8679 fax [email_address] Bond Logistix LLC Daniel Chang 777 S. Figueroa St., Suite 3200 Los Angeles, Ca 90017 (213) 612-2205 voice (213) 612-2499 fax [email_address] Orrick, Herrington & Sutcliffe LLP John H. Knox 405 Howard St. San Francisco, California 94105-2669 (415) 773-5626 voice (415) 773-5759 fax [email_address] League of California Cities Daniel B. Harrison 1400 K Street Sacramento, CA 95814 (916) 658-8267 (916) 658-8240 fax [email_address] California State Association of Counties Norma Lammers 1100 K Street, Suite 101 Sacramento, CA 95814 (916) 327-7500 ext. 554 (916) 441-5507 fax [email_address] California Statewide Communities Development Authority James F. Hamill 2033 N. Main Street, Suite 700 Walnut Creek, California 94596 (925) 933-9229 ext. 216 (925) 933-8457 fax [email_address]

18. Credit Entitlement Requirements High Risk Raw Acreage Does not Qualify $30,000 (Land Costs) General Plan and Zoned Entitlements SCIP Program Amount Invested Lien-to-Value Coverage 2:1 Land Development Stage Moderate Risk Entitled Acreage Final Subdivision Map Impact Fee Prefunding Program (Typical Bond Project) $45,000 $60,000 (Land and Offsites) (Onsites) Tentative Map/Development Agreement 3:1 4:1 Finished Lot Building Complete Building Certificate of Permit Occupancy $90,000 $275,000 (Building Permit) (Finished Home) 18:1 (Investment Grade) Safe Impact Fee Reimbursement Program 6:1 Approved