CITY OF VALLEJO HIDDENBROOKE IMPROVEMENT DISTRICT NO IMPROVEMENT LEVY ADMINISTRATION REPORT FISCAL YEAR

CITY OF VALLEJO HIDDENBROOKE IMPROVEMENT DISTRICT NO. 1998-1 IMPROVEMENT LEVY ADMINISTRATION REPORT FISCAL YEAR 2010-11 December 17, 2010

Hiddenbrooke Improvement District No. 1998-1 Improvement Levy Administration Report TABLE OF CONTENTS Section Page Executive Summary... i I. Introduction...1 II. Purpose of Report...3 III. Fiscal Year 2010-11 Improvement Levy Requirement...5 IV. Fiscal Year 2010-11 Improvement Levy...7 V. Development Update...9 VI. VII. VIII. IX. Authorized Public Facilities...11 HID Funds...13 Prepayments...15 Delinquencies...17 X. Foreclosure Bond Covenants...19 Appendix A - Fiscal Year 2010-11 Improvement Levy Requirement Appendix B - Improvement Levy for Fiscal Year 2010-11 Appendix C - Rate and Method of Apportionment of Improvement Levy Appendix D - Delinquent Improvement Levy Listing by Parcel Number Appendix E - Boundary Map of Hiddenbrooke Improvement District No. 1998-1 Appendix F - Assessor's Parcel Maps for Fiscal Year 2010-11

EXECUTIVE SUMMARY The following summary provides a brief overview of the main points from this report regarding the Hiddenbrooke Improvement District No. 1998-1 ( HID No. 1998-1 or the HID ): Fiscal Year 2010-11 Improvement Levy Number of Taxed Parcels Improvement Levy Placed on Tax Roll District Contribution Total Improvement Levy 1,131 $1,484,081 $500,000 $1,984,081 For further detail regarding the improvement levy, please refer to Section III of this report. Prepayment Summary Additional Prepaid Parcels for FY 2010-11 Total Number of Prepaid Parcels 24 885 For additional prepayment information, please see Section VIII of this report. Delinquency Summary Delinquent Amount for FY 2009-10 (as of October 4, 2010) Number of Parcels Delinquent Total Levy for FY 2009-10 Delinquency Rate $204,128 135 $2,033,492 10.04% For additional delinquency information, including historical delinquency rates, please see Section IX of this report. City of Vallejo i Fiscal Year 2010-11 HID No. 1998-1 Improvement Levy Administration Report

Outstanding Bonds Summary Local Agency Revenue Bonds, 2004 Series A Original Amount Current Amount Issuance Date Principal Retired Outstanding August 2004 $22,400,000 $6,305,000* $16,095,000* * As of the date of this report. For more information about the authorized uses for bond proceeds, please see Section V of this report. City of Vallejo ii Fiscal Year 2010-11 HID No. 1998-1 Improvement Levy Administration Report

I. INTRODUCTION This report provides an analysis of the financial and administrative obligations of the HID No. 1998-1 of the City of Vallejo (the City ). HID No. 1998-1 is a legally constituted governmental entity established under the provisions of the City of Vallejo Improvement District Financing Code (the Code ), as amended, and Resolution No. 98-374 N.C. of the City Council adopted on October 6, 1998. HID No. 1998-1 replaces the City s prior financing district, Community Facilities District No. 1988-1, Sky Valley ( CFD No. 1988-1 ). The boundaries of HID No. 1998-1 and CFD No. 1988-1, with certain exceptions, are coterminous. On September 27, 1988, the City Council adopted Resolution No. 88-862 establishing CFD No. 1988-1. An election held that evening authorized CFD No. 1988-1 to levy and collect special taxes for the purpose of servicing bonded indebtedness in an amount not to exceed $38,374,324 to pay for various public facilities (described in Section V). In November 1988, CFD No. 1988-1 issued $23,840,000 in special tax bonds. CFD No. 1988-1 issued a second series of special tax bonds totaling $14,530,000 in February 1992. Collectively, the two special tax bond issues will be referred to in this report as the CFD Bonds. On October 6, 1998, the City Council adopted Resolution No. 98-379 N.C. which authorized the issuance and sale of the City of Vallejo Improvement Bonds, Series A (tax exempt), in the aggregate principal amount of $28,085,000 and Improvement Bonds, Series B (federally taxable) in the aggregate principal amount of $11,860,000 (collectively, the Series A and Series B bonds will be referred to in this report as the District Bonds ). Proceeds from the sale of the District Bonds were used to refund the City s previously issued CFD Bonds, to establish a reserve fund for the District Bonds, and to pay the City s expenses in connection with the issuance of the District Bonds. On July 27, 2004, the City Council adopted Resolution No. 04-269 N.C. which authorized the purchase in lieu of redemption of the District Bonds. On the same day, the Vallejo Public Financing Authority (the Authority ), a joint exercise of powers authority established under the provisions of a joint exercise of powers agreement between the City and the Redevelopment Agency of the City of Vallejo, adopted Resolution No. PFA 04-04 which authorized the issuance and sale of the Vallejo Public Financing Authority Local Agency Revenue Bonds (Hiddenbrooke Improvement District), 2004 Series A (the Bonds ) in the aggregate principal amount of $22,400,000. Proceeds from the sale of the Bonds and money from other HID No. 1998-1 sources were used to purchase the City s outstanding District Bonds, in the principal amount of $23,550,000, ( Purchased District Bonds ) in lieu of redemption on September 1, 2004. The purchase in lieu of redemption of the Purchased District Bonds constituted a current refunding for purposes of applicable federal tax law, even though the Purchased District Bonds will remain outstanding under the Fiscal Agent Agreement. In addition, bond proceeds were used to establish a reserve fund for the Bonds, and to pay the expenses of the Authority and the City in connection with the issuance of the Bonds. The Bonds are payable solely from revenues, consisting primarily of payments of the debt service on the District Bonds. HID No. 1998-1 is composed of 1,339 acres, fully incorporating the Hiddenbrooke (formerly City of Vallejo 1 Fiscal Year 2010-11 HID No. 1998-1 Improvement Levy Administration Report

known as Sky Valley) development. Residential and commercial growth in this development required basic infrastructure, and funding for these improvements was generated primarily from the sale of the CFD Bonds. City of Vallejo 2 Fiscal Year 2010-11 HID No. 1998-1 Improvement Levy Administration Report

II. PURPOSE OF REPORT This Improvement Levy Administration Report (the Report ) presents findings from research and financial analysis performed by Goodwin Consulting Group, Inc. to determine the fiscal year 2010-11 improvement levy for HID No. 1998-1. The Report is intended to provide information to interested parties regarding the current financial obligations of the HID, fiscal year 2010-11 levy amounts, and the list of public facilities authorized to be funded by the HID. The Report also summarizes development activity as well as other pertinent information (e.g., prepayments and foreclosures) on property within HID No. 1998-1. The Report is organized into the following sections: Section III identifies financial obligations of HID No. 1998-1 for fiscal year 2010-11. Section IV provides a summary of the methodology that is used to apportion the improvement levy among parcels in the HID. Section V provides an update of the development activity occurring within HID No. 1998-1, including new subdivision activity. Section VI provides information regarding facilities authorized to be financed with bond proceeds. Section VII provides information regarding funds and accounts established for the Bonds. Section VIII identifies parcels, if any, that have prepaid their improvement levy obligation. Section IX summarizes the amount of delinquencies in prior fiscal years. Section X provides information regarding bond foreclosure covenants and foreclosure proceedings, if any. City of Vallejo 3 Fiscal Year 2010-11 HID No. 1998-1 Improvement Levy Administration Report

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III. FISCAL YEAR 2010-11 IMPROVEMENT LEVY REQUIREMENT The methodology employed to calculate and apportion the Improvement Levy is contained in the Rate and Method of Apportionment of Improvement Levy (the RMA ), which was adopted as an exhibit to the Resolution of Formation of HID No. 1998-1. The maximum annual improvement levy for each parcel in HID No. 1998-1 is set forth in Attachment 1 of the RMA. Parcels for which the improvement levy obligation has been fully or partially prepaid will have a reduced maximum annual improvement levy from that shown in Attachment 1 based on the amount of the prepayment. If any of the Assessor s parcel numbers identified in Attachment 1 becomes invalid in future fiscal years, or if any parcels are subdivided and/or combined to form new parcels, the maximum annual improvement levy assigned to each parcel as identified in Attachment 1 of the RMA will continue to apply, although the total amount may be reallocated to subsequent parcels. (Capitalized terms are defined in the RMA, which is contained in Appendix C of this Report.) The calculation of the Improvement Levy Requirement for fiscal year 2010-11 is set forth in Appendix A of this Report. Based on financial obligations of HID No. 1998-1 in the upcoming fiscal year, the Improvement Levy Requirement for fiscal year 2010-11 is $1,984,081. This amount is the revised maximum annual improvement levy for HID No. 1998-1. The original maximum annual improvement levy was $3,650,000 (as shown in Attachment 1 of the RMA); however, due to prepayments on bond obligations by homebuilders and homebuyers, the maximum annual improvement levy has been reduced by approximately $1,665,919 from its original amount. For fiscal year 2010-11, the HID contributed $500,000 in surplus funds towards the reduction of the Improvement Levy Requirement, making the net fiscal year 2010-11 Improvement Levy Requirement equal to $1,484,081. This $500,000 contribution is a one-time contribution to be used only towards the fiscal year 2010-11 improvement levy. It is not anticipated nor guaranteed that such a contribution by the HID to reduce the improvement levy will occur in future fiscal years. City of Vallejo 5 Fiscal Year 2010-11 HID No. 1998-1 Improvement Levy Administration Report

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IV. FISCAL YEAR 2010-11 IMPROVEMENT LEVY The RMA dictates two separate scenarios for apportioning the improvement levy in HID No. 1998-1. These two scenarios are outlined below. 1. Prior to Buildout The administrator shall impose the maximum annual improvement levy on all parcels of taxable property within HID No. 1998-1. 2. After Buildout Step 1: Step 2: Step 3: Step 4: Step 5: Determine the Improvement Levy Requirement to be collected from taxable property in HID No. 1998-1 in that fiscal year. Identify the maximum annual improvement levy assigned to each Assessor s parcel and determine the sum of the total maximum annual improvement levy for all Assessor s parcels of taxable property within HID No. 1998-1 in that fiscal year. Using the information in Step 2, divide the maximum annual improvement levy for each Assessor s parcel by the total maximum annual improvement levy that can be collected within the entire HID No. 1998-1 to determine an Allocation Factor for each parcel. Multiply the Allocation Factor for each parcel determined in Step 3 by the Improvement Levy Requirement in Step 1 to calculate each Assessor s parcel share of the Improvement Levy Requirement for the fiscal year. If, in the City s sole discretion, the City approves the application of revenues from another source to offset the annual improvement levy against one or more parcels within HID No. 1998-1, the administrator shall determine the amount of revenue available from such other source for the fiscal year and shall reduce the amount calculated in Step 4 for the parcel or parcels by the amount of such available revenues. The difference shall be levied as the annual improvement levy for the parcel or parcels for the fiscal year. For fiscal year 2010-11, the City has determined that buildout of HID No. 1998-1 has not occurred. Therefore, the maximum annual improvement levy was applied on 1,131 taxable parcels which will generate a total of $1,984,081 for fiscal year 2010-11. However, with the $500,000 contribution made by the HID for fiscal year 2010-11, each taxable parcel will have their fiscal year 2010-11 improvement levy reduced proportionately, making the actual amount collected by the 1,131 taxable parcels $1,484,081. City of Vallejo 7 Fiscal Year 2010-11 HID No. 1998-1 Improvement Levy Administration Report

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V. DEVELOPMENT UPDATE During the past fiscal year, no new residential building permits were issued for construction in HID No. 1998-1. The total number of residential building permits issued in HID No. 1998-1, as of June 30, 2010, is 1,021. At build out, approximately 1,144 residential units are expected in HID No. 1998-1. City of Vallejo 9 Fiscal Year 2010-11 HID No. 1998-1 Improvement Levy Administration Report

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VI. AUTHORIZED PUBLIC FACILITIES The Resolution that established CFD No. 1988-1 identified the following public facilities authorized to be financed by CFD No. 1988-1: Grading and street improvements Storm drainage and sewer system Water system Underground gas, electric, and transmission Landscaping Public golf course Fire protection facilities and equipment Freeway and public access improvements Regional park acquisition City of Vallejo 11 Fiscal Year 2010-11 HID No. 1998-1 Improvement Levy Administration Report

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VII. HID FUNDS Description of Funds and Accounts The Indenture of Trust (the Indenture ) establishes several funds for HID No. 1998-1, which are described briefly below: 1. Program Fund: On the bond closing date, all money in this fund will be withdrawn and applied to such amount pursuant to and in accordance with the Assignment Agreement to purchase the District Bonds in lieu of the redemption thereof. 2. Redemption Account: Monies in the Redemption Account shall be solely used for the purpose of redeeming the Bonds in the manner set forth in the optional and special mandatory redemption provisions of the Indenture. 3. Surplus Account: All deposits into the Surplus Account shall be applied to the following purposes in the following order of priority: i) To pay or reimburse the payment of costs and expenses incurred by the City or the Authority to administer the Bonds and the District Bonds. ii) To deposit money in the Delinquency Maintenance Fund an amount necessary to bring it to the Delinquency Maintenance Fund Requirement so long as it is not closed. iii) If the Delinquency Maintenance Fund is closed, then upon receipt by the Trustee of a Written Certificate of Authority, to pay costs of public capital improvements that the Authority determines are of benefit to HID No. 1998-1. iv) To redeem District Bonds or to reduce the Improvement Levies which are to be levied in the current or succeeding fiscal year. 4. Costs of Issuance Fund: Monies in the Cost of Issuance Fund will be disbursed for the payment or reimbursement of costs associated with the issuance of the Bonds. The Costs of Issuance Fund will be closed after 90 days from the date of delivery of the Bonds and any remaining amounts will be transferred to the Administrative Expense Fund. The Costs of Issuance Fund has been closed. 5. Administrative Expense Fund: Maintained by the City, the Administrative Expense Fund holds improvement levy revenues that are used to defray the City s cost of administering HID No. 1998-1 each fiscal year. Commencing with the last day of each fiscal year, the City s Finance Director will withdraw any amount then remaining in the Administrative Expense Fund that has not been allocated to pay administrative or maintenance expenses incurred but not yet paid, and which are not otherwise encumbered, and transfer such amounts to the Improvement Levy Fund. 6. Bond Fund: The principal (including mandatory sinking payment redemption) and interest payments due on the Bonds each fiscal year are paid by the City from proceeds City of Vallejo 13 Fiscal Year 2010-11 HID No. 1998-1 Improvement Levy Administration Report

on deposit in the Bond Fund. Monies in the Bond Fund will be invested and interest and profits earned will be retained in the Bond Fund to be used for purposes of such fund. 7. Reserve Fund: To further secure bond payments, the City maintains a Reserve Fund equal to the Reserve Requirement. The Reserve Requirement means, as of any date of calculation, an amount equal to four percent (4%) of the then outstanding principal amount of the Bonds. The Reserve Requirement as of the date of this report is $643,800. 8. Improvement Levy Fund: This fund is maintained by the City s Finance Director. As soon as practical, following receipt, all improvement levy revenue will be deposited into this fund. Monies in the Improvement Levy Fund will be held in trust by the City for the benefit of the City and bondholders and will be dispersed as follows in order of priority: i) to the Administrative Expense Fund, that portion of the improvement levy that was levied to cover administrative expenses. ii) to the Bond Fund, up to the amount prescribed in the Indenture iii) to the Delinquency Maintenance Fund, if not closed iv) to the Surplus Account 9. Delinquency Maintenance Fund: All deposits in the Delinquency Maintenance Fund shall be held for the benefit of the City and bondholders and will be disbursed as described in the Indenture. The required balance for the fund is $1 million. City of Vallejo 14 Fiscal Year 2010-11 HID No. 1998-1 Improvement Levy Administration Report

VIII. PREPAYMENTS Property owners in HID No. 1998-1 have the option of prepaying all or a portion of their improvement levy obligation through a lump sum payment. An owner who chooses to partially prepay the improvement levy obligation will reduce the maximum annual amount of the improvement levy assigned to his or her parcel in future years. The methodology used to determine the prepayment amount is contained in the RMA. During the prior fiscal year, an owner of one parcel made a prepayment to permanently satisfy the annual improvement levy obligations on his or her property, and 23 owners prepaid a portion of their improvement levy. All told, as of August 1, 2010, 885 properties have partially or fully prepaid their HID No. 1998-1 improvement levy obligation. As previously discussed, these prepayments have reduced the Maximum Annual Improvement Levy from $3,650,000 to $1,984,081 for fiscal year 2010-11. City of Vallejo 15 Fiscal Year 2010-11 HID No. 1998-1 Improvement Levy Administration Report

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IX. DELINQUENCIES As of October 4, 2010, the Solano County Tax Collector s Office reports the following delinquency amounts for HID No. 1998-1: Hiddenbrooke Improvement District No. 1998-1 Delinquencies as of October 4, 2010 Parcels Delinquent Improvement Percent Fiscal Year Delinquent Amount Levy Delinquent 2009-10 135 $204,128 $2,033,492 10.04% 2008-09 24 $53,473 $2,047,590 2.61% 2007-08 17 $38,115 $2,085,085 1.83% 2006-07 7 $16,487 $2,145,494 0.77% Appendix D shows the improvement levy delinquency data for all prior fiscal years. The total outstanding delinquent amount for all fiscal years combined is $312,202. City of Vallejo 17 Fiscal Year 2010-11 HID No. 1998-1 Improvement Levy Administration Report

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X. FORECLOSURE BOND COVENANTS Pursuant to the Code, if any delinquency occurs in the payment of the improvement levy, the City may order the institution of a Superior Court action to foreclose the lien within specified time limits. In such an action, the real property subject to the unpaid amount may be sold at a judicial foreclosure sale. While judicial foreclosure is not mandatory, the City has agreed in the First Supplemental Agreement relating to the Fiscal Agent Agreement for the CFD Bonds that on or about February 15 and June 15 of each year, the Finance Director will compare the amount of improvement levies previously levied in HID No. 1998-1 to the amount of improvement levy revenues received by the City, and if delinquencies have occurred, proceed as follows: (i) (ii) Individual Delinquencies. If the Finance Director determines as of any such February 15 or June 15 that any single parcel subject to the improvement levy in HID No. 1998-1 is delinquent in the payment of improvement levies in the aggregate amount of $4,000 or more, then the Finance Director shall send or cause to be sent a notice of delinquency (and a demand for immediate payment thereof) to the property owner within 45 days of such February 15 or June 15, as applicable, determination date, and (if the delinquency remains uncured) foreclosure proceedings shall be commenced by the City within 90 days of such February 15 or June 15, as applicable, determination date. Notwithstanding the foregoing, the Finance Director may defer such action if the amount in the Reserve Fund is at least equal to the Reserve Requirement. Aggregate Delinquencies. If the Finance Director determines as of any such February 15 or June 15 that the total amount of delinquent improvement levies for the prior fiscal year for the entire HID No. 1998-1 (including the total of delinquencies under subsection (i) above), exceeds 4% of the total improvement levies due and payable for the prior fiscal year, the Finance Director shall notify or cause to be notified property owners who are then delinquent in the payment of improvement levies (and demand immediate payment of the delinquency) within 45 days of such February 15 or June 15, as applicable, determination date, and the City shall commence foreclosure proceedings within 90 days of such February 15 or June 15, as applicable, determination date against each parcel of land in HID No. 1998-1 with an improvement levy delinquency. No foreclosure actions have commenced with respect to delinquent parcels in HID No. 1998-1. Because HID No. 1998-1 participates in the County of Solano s Teeter Plan, the entire $2,033,492 improvement levy for fiscal year 2009-10 has been remitted to the City. City of Vallejo 19 Fiscal Year 2010-11 HID No. 1998-1 Improvement Levy Administration Report

APPENDIX A Fiscal Year 2010-11 Improvement Levy Requirement

City of Vallejo Hiddenbrooke Improvement District No. 1998-1 Fiscal Year 2010-11 Improvement Levy Requirement HID Financial Obligations for Fiscal Year 2010-11 1998 Series A Bonds Debt Service For Fiscal Year 2010-11 $1,562,438 1998 Series A Bonds Debt Service Funding 2004 Refunding Bonds and Capital Improvements ($1,562,438) /1 2004 Refunding Bonds Debt Service For Fiscal Year 2010-11 $1,326,488 Capital Improvement Reserve (Residual from the 1998 Series A Debt Service Refunding) $235,950 Capital Improvement Reserve (Remainder from the Total Improvement Levy) $355,422 District Administrative Expenses $51,380 Solano County Tax Collection Charge (1.0% of Total Levy) $14,841 District Contribution to FY 2010-11 Special Tax Levy ($500,000) /2 Total Hiddenbrooke Improvement Levy $1,484,081 /1 The 1998 Series A Bonds have been purchased in lieu of redemption, but will remain outstanding under the Indenture of Trust. Revenues generated from payments of debt service on the 1998 Series A Bonds will be used to pay for debt service on the 2004 Series A Bonds. /2 On July 13, 2010, the City Council approved a $500,000 payment from surplus HID funds towards reducing the fiscal year 2010-11 Improvement Levy with surplus funds. Goodwin Consulting Group, Inc.

APPENDIX B Improvement Levy for Fiscal Year 2010-11

City of Vallejo Hiddenbrooke Improvement District No. 1998-1 Fiscal Year 2010-11 Improvement Levy Maximum FY 2010-11 Actual Improvement Credit due Improvement Assessor's Land Use Development Improvement Levy to District Levy Parcel Number Class Status /1 Levy Units FY 2010-11 Contribution FY 2010-11 0182 060 770 SF1 Undeveloped 1.00 $3,591.44 ($905.06) $2,686.38 0182 091 010 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 091 020 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 091 030 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 091 040 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 091 050 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 091 060 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 091 070 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 091 080 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 091 090 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 091 100 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 093 030 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 093 040 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 093 050 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 094 010 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 094 020 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 094 030 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 095 010 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 095 020 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 101 010 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 101 020 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 101 030 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 101 040 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 101 050 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 101 060 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 101 070 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 101 080 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 102 020 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 102 030 SF1 Developed 1.00 $0.00 $0.00 $0.00 0182 102 040 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 102 050 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 102 060 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 102 070 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 102 080 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 102 090 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 102 100 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 102 110 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 102 120 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 102 130 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 102 140 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 102 150 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 102 160 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 102 170 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 Page 1 of 27

City of Vallejo Hiddenbrooke Improvement District No. 1998-1 Fiscal Year 2010-11 Improvement Levy Maximum FY 2010-11 Actual Improvement Credit due Improvement Assessor's Land Use Development Improvement Levy to District Levy Parcel Number Class Status /1 Levy Units FY 2010-11 Contribution FY 2010-11 0182 102 180 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 102 190 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 102 200 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 102 210 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 102 220 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 102 230 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 102 240 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 102 250 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 102 260 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 102 270 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 102 280 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 103 010 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 103 020 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 103 030 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 103 040 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 103 050 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 103 060 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 103 070 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 103 080 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 103 090 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 103 100 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 103 110 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 111 010 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 111 020 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 111 030 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 111 040 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 111 050 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 111 060 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 111 070 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 111 080 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 111 090 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 111 100 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 111 110 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 111 120 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 111 130 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 111 140 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 111 150 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 111 160 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 111 170 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 111 180 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 111 190 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 111 200 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 111 210 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 Page 2 of 27

City of Vallejo Hiddenbrooke Improvement District No. 1998-1 Fiscal Year 2010-11 Improvement Levy Maximum FY 2010-11 Actual Improvement Credit due Improvement Assessor's Land Use Development Improvement Levy to District Levy Parcel Number Class Status /1 Levy Units FY 2010-11 Contribution FY 2010-11 0182 111 220 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 111 240 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 111 250 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 111 260 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 111 300 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 112 010 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 112 020 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 112 030 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 112 040 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 112 050 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 112 060 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 112 070 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 112 080 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 112 090 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 112 100 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 112 110 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 112 120 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 112 130 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 112 140 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 112 150 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 112 160 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 112 170 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 112 180 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 112 190 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 112 200 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 112 210 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 112 220 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 112 230 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 113 010 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 113 020 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 113 030 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 113 040 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 113 050 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 113 060 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 113 070 SF1 Developed 1.00 $1,400.00 ($352.80) $1,047.20 0182 113 080 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 113 090 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 113 100 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 113 110 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 113 120 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 121 010 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 121 020 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 121 030 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 Page 3 of 27

City of Vallejo Hiddenbrooke Improvement District No. 1998-1 Fiscal Year 2010-11 Improvement Levy Maximum FY 2010-11 Actual Improvement Credit due Improvement Assessor's Land Use Development Improvement Levy to District Levy Parcel Number Class Status /1 Levy Units FY 2010-11 Contribution FY 2010-11 0182 121 040 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 121 050 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 121 060 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 121 070 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 121 080 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 121 090 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 122 010 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 122 020 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 122 030 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 122 040 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 122 050 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 122 060 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 122 070 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 122 080 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 122 090 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 122 100 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 122 110 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 122 120 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 122 130 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 123 010 SF1 Developed 1.00 $1,815.60 ($457.54) $1,358.06 0182 123 020 SF1 Developed 1.00 $1,815.60 ($457.54) $1,358.06 0182 123 030 SF1 Developed 1.00 $1,815.60 ($457.54) $1,358.06 0182 123 040 SF1 Developed 1.00 $1,815.60 ($457.54) $1,358.06 0182 123 050 SF1 Developed 1.00 $1,815.60 ($457.54) $1,358.06 0182 124 020 NA Developed 1.00 $1,815.60 ($457.54) $1,358.06 0182 124 030 NA Developed 1.00 $1,815.60 ($457.54) $1,358.06 0182 124 040 NA Developed 1.00 $1,815.60 ($457.54) $1,358.06 0182 124 050 NA Developed 1.00 $1,815.60 ($457.54) $1,358.06 0182 124 060 NA Developed 1.00 $1,815.60 ($457.54) $1,358.06 0182 131 010 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 131 020 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 131 030 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 131 040 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 131 050 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 131 060 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 131 070 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 131 080 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 131 090 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 131 100 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 131 110 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 132 010 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 132 020 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 132 030 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 Page 4 of 27

City of Vallejo Hiddenbrooke Improvement District No. 1998-1 Fiscal Year 2010-11 Improvement Levy Maximum FY 2010-11 Actual Improvement Credit due Improvement Assessor's Land Use Development Improvement Levy to District Levy Parcel Number Class Status /1 Levy Units FY 2010-11 Contribution FY 2010-11 0182 132 040 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 132 050 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 132 060 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 132 070 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 132 080 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 132 090 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 132 100 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 132 110 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 133 010 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 133 020 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 133 030 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 133 040 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 133 050 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 133 060 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 134 010 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 134 020 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 134 030 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 134 040 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 134 050 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 134 060 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 134 070 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 134 080 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 134 090 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 134 100 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 134 110 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 141 010 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 141 020 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 141 030 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 141 040 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 141 050 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 141 060 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 141 070 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 141 080 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 142 010 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 142 020 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 142 030 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 142 040 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 142 050 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 142 060 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 143 010 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 143 020 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 143 030 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 143 040 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 Page 5 of 27

City of Vallejo Hiddenbrooke Improvement District No. 1998-1 Fiscal Year 2010-11 Improvement Levy Maximum FY 2010-11 Actual Improvement Credit due Improvement Assessor's Land Use Development Improvement Levy to District Levy Parcel Number Class Status /1 Levy Units FY 2010-11 Contribution FY 2010-11 0182 143 050 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 143 060 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 143 070 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 143 080 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 143 090 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 143 100 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 143 110 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 143 120 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 143 130 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 143 140 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 143 150 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 143 160 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 143 170 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 143 180 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 143 190 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 144 010 SF1 Developed 1.00 $1,815.60 ($457.54) $1,358.06 0182 144 020 SF1 Developed 1.00 $1,815.60 ($457.54) $1,358.06 0182 144 030 SF1 Developed 1.00 $1,815.60 ($457.54) $1,358.06 0182 144 040 SF1 Developed 1.00 $1,811.60 ($456.54) $1,355.06 0182 144 050 SF1 Developed 1.00 $1,811.60 ($456.54) $1,355.06 0182 144 060 SF1 Developed 1.00 $1,811.60 ($456.54) $1,355.06 0182 144 070 SF1 Developed 1.00 $1,811.60 ($456.54) $1,355.06 0182 145 010 SF1 Developed 1.00 $1,811.60 ($456.54) $1,355.06 0182 145 020 SF1 Developed 1.00 $1,811.60 ($456.54) $1,355.06 0182 146 020 NA Developed 1.00 $1,815.60 ($457.54) $1,358.06 0182 146 030 NA Developed 1.00 $1,815.60 ($457.54) $1,358.06 0182 146 040 NA Developed 1.00 $1,815.60 ($457.54) $1,358.06 0182 146 050 NA Developed 1.00 $1,815.60 ($457.54) $1,358.06 0182 146 060 NA Developed 1.00 $1,815.60 ($457.54) $1,358.06 0182 151 010 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 151 020 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 151 030 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 151 040 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 151 050 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 151 060 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 151 070 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 151 080 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 151 090 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 152 010 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 152 040 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 152 050 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 152 060 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 153 010 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 Page 6 of 27

City of Vallejo Hiddenbrooke Improvement District No. 1998-1 Fiscal Year 2010-11 Improvement Levy Maximum FY 2010-11 Actual Improvement Credit due Improvement Assessor's Land Use Development Improvement Levy to District Levy Parcel Number Class Status /1 Levy Units FY 2010-11 Contribution FY 2010-11 0182 153 020 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 154 020 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 154 030 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 161 030 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 161 040 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 161 050 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 161 060 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 161 070 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 161 080 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 162 010 SF1 Developed 1.00 $3,591.44 ($905.06) $2,686.38 0182 162 030 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 162 040 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 162 050 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 162 060 SF1 Developed 1.00 $3,591.44 ($905.06) $2,686.38 0182 162 070 SF1 Undeveloped 1.00 $3,591.44 ($905.06) $2,686.38 0182 162 080 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 162 090 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 163 030 SF1 Developed 1.00 $3,591.44 ($905.06) $2,686.38 0182 163 040 SF1 Undeveloped 1.00 $3,591.44 ($905.06) $2,686.38 0182 163 050 SF1 Developed 1.00 $3,591.44 ($905.06) $2,686.38 0182 163 060 SF1 Undeveloped 1.00 $3,591.44 ($905.06) $2,686.38 0182 163 070 SF1 Developed 1.00 $1,740.00 ($438.50) $1,301.50 0182 163 080 SF1 Developed 1.00 $3,591.44 ($905.06) $2,686.38 0182 164 010 SF1 Developed 1.00 $1,811.60 ($456.54) $1,355.06 0182 164 020 SF1 Developed 1.00 $1,885.30 ($475.10) $1,410.20 0182 164 030 SF1 Developed 1.00 $1,885.30 ($475.10) $1,410.20 0182 164 040 SF1 Developed 1.00 $1,885.30 ($475.10) $1,410.20 0182 164 050 SF1 Developed 1.00 $1,885.30 ($475.10) $1,410.20 0182 164 060 SF1 Developed 1.00 $1,811.60 ($456.54) $1,355.06 0182 164 070 SF1 Developed 1.00 $1,885.30 ($475.10) $1,410.20 0182 164 080 SF1 Developed 1.00 $1,811.60 ($456.54) $1,355.06 0182 165 010 SF1 Developed 1.00 $1,885.30 ($475.10) $1,410.20 0182 165 020 SF1 Developed 1.00 $1,811.60 ($456.54) $1,355.06 0182 165 030 SF1 Developed 1.00 $1,811.60 ($456.54) $1,355.06 0182 165 040 SF1 Developed 1.00 $1,811.60 ($456.54) $1,355.06 0182 165 050 SF1 Developed 1.00 $1,811.60 ($456.54) $1,355.06 0182 171 140 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 171 150 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 171 280 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 171 290 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 171 300 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 171 310 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 171 320 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 Page 7 of 27

City of Vallejo Hiddenbrooke Improvement District No. 1998-1 Fiscal Year 2010-11 Improvement Levy Maximum FY 2010-11 Actual Improvement Credit due Improvement Assessor's Land Use Development Improvement Levy to District Levy Parcel Number Class Status /1 Levy Units FY 2010-11 Contribution FY 2010-11 0182 171 330 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 171 340 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 171 350 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 171 360 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 171 370 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 171 380 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 171 390 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 171 400 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 171 410 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 171 420 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 171 430 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 172 010 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 173 020 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 173 030 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 173 040 SF1 Undeveloped 1.00 $3,591.44 ($905.06) $2,686.38 0182 173 050 SF1 Undeveloped 1.00 $3,591.44 ($905.06) $2,686.38 0182 173 180 SF1 Undeveloped 1.00 $3,591.44 ($905.06) $2,686.38 0182 173 190 SF1 Undeveloped 1.00 $3,591.44 ($905.06) $2,686.38 0182 173 200 SF1 Developed 1.00 $3,591.44 ($905.06) $2,686.38 0182 173 210 SF1 Undeveloped 1.00 $3,591.44 ($905.06) $2,686.38 0182 173 220 SF1 Developed 1.00 $3,591.44 ($905.06) $2,686.38 0182 173 240 SF1 Undeveloped 1.00 $3,591.44 ($905.06) $2,686.38 0182 173 250 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 181 220 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 181 230 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 181 240 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 181 250 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 181 260 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 181 270 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 181 280 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 181 290 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 181 310 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 181 330 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 181 350 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 181 370 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 181 390 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 181 400 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 181 410 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 181 420 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 182 010 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 182 020 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 182 050 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 182 060 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 Page 8 of 27

City of Vallejo Hiddenbrooke Improvement District No. 1998-1 Fiscal Year 2010-11 Improvement Levy Maximum FY 2010-11 Actual Improvement Credit due Improvement Assessor's Land Use Development Improvement Levy to District Levy Parcel Number Class Status /1 Levy Units FY 2010-11 Contribution FY 2010-11 0182 183 080 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 183 090 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 183 100 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 183 110 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 183 120 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 183 130 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 183 140 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 183 150 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 183 160 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 183 170 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 183 180 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 183 210 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 183 220 SF1 Developed 1.00 $1,500.00 ($378.00) $1,122.00 0182 183 250 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 183 260 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 184 010 SF1 Developed 1.00 $3,591.44 ($905.06) $2,686.38 0182 185 030 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 191 030 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 191 040 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 191 050 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 191 060 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 191 070 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 191 080 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 191 090 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 191 100 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 191 110 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 191 120 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 191 170 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 191 180 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 191 190 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 191 200 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 191 210 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 191 220 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 191 230 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 191 240 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 191 250 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 191 460 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 191 470 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 191 510 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 191 520 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 191 530 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 191 540 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 0182 191 550 SF1 Developed 1.00 $1,600.00 ($403.20) $1,196.80 Page 9 of 27