HomeMy WebLinkAbout2006-12-12; City Council; 18834; Financial Report on capital fundsCITY OF CARLSBAD - AGENDA BILL
AB# 18,834
MTG. 12/12/06
DEPT. FIN
ANNUAL FINANCIAL REPORT ON
CAPITAL FUNDS AND SPECIAL TAXES
ni moi i A KIT T/"\ /"*/"\w CDKiftflCKiT r*f\r\cPURSUANT TO GOVERNMENT CODE
SECTIONS 50075, 66001, AND 66006
DEPT. HEAD ^ .
CITY ATTY. <^-
CITY MGR. £ul^
RECOMMENDED ACTION:
Adopt Resolution No.2006-359 making certain findings pursuant to California Government
Code Sections 50075 and 66001.
ITEM EXPLANATION:
California Government Code requires the City to annually report on the status of certain fees
and special taxes. More specifically, the City must annually make findings regarding any
local special tax measure and any fee established, increased, or imposed after January 1,
1989.
Government Code Sections 50075.1 & 50075.3:
California Government Code Sections 50075 - 50077.5, inclusive, were enacted to earn the
voter's confidence and support of special taxes by demonstrating to the voters that local
agencies spend these funds on the intended facilities and services. To accomplish this goal,
California Government Code Section 50075.1 requires that any local special tax/local bond
measure subject to voter approval:
1. contain a statement indicating the specific purposes of the special tax,
2. have a requirement that the proceeds of the special tax be applied to those purposes,
3. have a separate account into which the proceeds shall be deposited, and
4. have an annual report containing information regarding the use of proceeds.
The first three requirements of Government Code Section 50075.1 are met through the
formation of the Special Tax District. Requirement four is satisfied annually via Government
Code Section 50075.3. Government Code Section 50075.3 requires "the chief fiscal officer of
the local agency to file a report with its governing body no later than January 1, 2002, and at
least once a year thereafter", which contains the following information:
1. the amount of funds collected and expended, and
2. the status of any project required or authorized to be funded as identified in
subdivision (a) of Section 50075.1.
DEPARTMENT CONTACT: Aaron Beanan 760-602-2414 abean@ci.carlsbad.ca.us
FOR CITY CLERKS USE ONLY.
COUNCIL ACTION: APPROVED
DENIED
CONTINUED
WITHDRAWN
AMENDED
ft
U
D
D
D
CONTINUED TO DATE SPECIFIC
CONTINUED TO DATE UNKNOWN
RETURNED TO STAFF
OTHER - SEE MINUTES
D
D
D
D
Page 2
The City's Community Facilities District No. 1 and Community Facilities District No. 3 are
included under this code section because they are local special tax measures subject to voter
approval. The information to make the findings can be found in the 2006-07 Capital
Improvement Program (CIP) on file with the City Clerk. When findings are required by this
subdivision, they need to be made in connection with the public information required by Code
Sections 50075 - 50077.5, inclusive. The attached resolution makes these findings in
accordance with Code Section 50075.1. Since these findings have been made, and the City
is in compliance with the Code, no action is required.
Government Code Sections 66001 & 66006:
California Government Code Section 66006 requires local agencies to annually report certain
financial information related to capital funds established to track fees charged in connection
with the approval of a development project. The information required by the Government
Code includes:
1. a description of the fee,
2. the amount of the fee,
3. the beginning and ending balance of the fund,
4. the amount of the fees collected and the interest earned,
5. an identification and amount of each public improvement on which fees were
expended,
6. the total percentage of the project funded by that fee,
7. the approximate date by which the construction of the public improvement will
commence,
8. a description of each interfund transfer or loan, including the project to be funded with
the loan, the approximate date of repayment, and rate of interest, and
9. any refunds made to developers pursuant to the Code.
This information must be made available within 180 days of the end of the fiscal year and
must be reviewed at the next regularly scheduled meeting not less than 15 days after the
information is available.
The attached report provides the information required by the Government Code for the
development fees that fall under this disclosure requirement. In some instances, the ending
fund balance amount is less than the remaining appropriation because outstanding advances
and loans are not included in the fund balance. Cash balances are sufficient for the
remaining appropriations. No refunds have been made nor are any required. More
information on these funds, and all other capital funds, is available in the annual Capital
Improvement Program that was adopted by Council in June and in the Comprehensive
Annual Financial Report that will be available in December 2006.
In addition to the required annual reporting under Code Section 66006, California
Government Code Section 66001 requires local agencies to make the following findings
every five years with respect to that portion of the fund remaining unexpended, whether
committed or uncommitted, for the development fee funds:
1. Identification of the purpose to which the fee is to be put.
2. Demonstration of a reasonable relationship between the fee and the purpose for which
it is charged.
PageS
3. Identification of all sources and amounts of funding anticipated to complete financing
on incomplete improvements.
4. The approximate dates on which the funding referred to above is expected to be
deposited into the appropriate account or fund.
The information to make the findings for the four (4) requirements can be found in the 2006-
07 Capital Improvement Program (CIP) on file with the City Clerk. When findings are
required by this subdivision, they need to be made in connection with the public information
required by Code Section 66006. The attached resolution makes these findings in
accordance with Code Section 66001. Since these findings have been made, and the City is
in compliance with the Code, no refunds are required.
This report, including all the above code sections, was compiled with the audited City
financial records. These audited figures are also available in the City's Comprehensive
Annual Financial Report (CAFR).
FISCAL IMPACT:
There is no fiscal impact
ENVIRONMENTAL IMPACT:
There is no environmental impact.
EXHIBITS:
1. Resolution No. 2006-359 making certain findings pursuant to California
Government Code Sections 50075 and 66001.
2. Financial Information Report, Capital Funds and Special Taxes subject to Government
Code Sections 50075 and 66006.
3. The 2006-07 Capital Improvement Program on file with the City Clerk.
3
Exhibit 1
1
RESOLUTION NO. 2006-359
2
3 A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF CARLSBAD, CALIFORNIA, TO MAKE
4 CERTAIN FINDINGS PURSUANT TO CALIFORNIA
GOVERNMENT CODE SECTIONS 50075 AND
5 66001
6
7
WHEREAS, the City of Carlsbad is required to make certain findings every
8
five years with respect to the unexpended fund balance of certain development fee
funds pursuant to California Government Code Section 66001; and
^ WHEREAS, the City of Carlsbad is required to make certain findings
12 annually with respect to special taxes collected and expended pursuant to
13 California Government Code Section 50075; and
14 WHEREAS, the information to make the required findings can be found in
the 2006-07 Capital Improvement Program on file with the City Clerk; and
16
WHEREAS, these findings need to be made in conjunction with the public
information required by Code Sections 50075 and 66006.18
19 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
20 Carlsbad, California, as follows:
21
1. That the above recitations are true and correct.
22
2. That the following findings are made as required under Government
24 Code Sections 50075 and 66006:
25 a. That the purpose to which the developer fee and special taxes are to
26 be put has been identified.
27 b. That a reasonable relationship has been demonstrated between the
28
1
2
Exhibit 1
developer fee and the purpose for which it is charged.
c. That all sources and amounts of funding anticipated to complete
3 financing on incomplete improvements have been identified.
4 d. That the approximate dates on which the funding referred to above is
5 expected to be deposited into the appropriate fund have been designated.
6
3. That these findings are based on information provided in the City of
7
Carlsbad's Operating Budget and Capital Improvement Program 2006-07, which is8
incorporated herein by reference.
//10
11 //
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council
of the City of Carlsbad on the 12th day of December, 2006, by the following vote:
AYES: Council Members Lewis, Hall, Kulchin, Packard, Sigafoose.
NOES: None.
ABSENT: None.
ATTEST:
lORRAINE M. WOOD, City Clerk"
(SEAL)
Exhibit 2
FINANCIAL INFORMATION REPORT
CAPITAL FUNDS SUBJECT TO GOV. CODE SEC. 50075
YEAR ENDED JUNE 30, 2006
COMMUNITY FACILITIES DISTRICT #3 (1)
Date of
Issuance
05/11/2006
Initial Amount Deposited
To Improvement Fund
$ 9,989,741
Balance at
06/30/2006(2)
$12,591,995
Expenditures
To Date
$ 245,989
Project
Status
In Progress
(1) Pursuant to Government code section 50075 the following items are required to be disclosed:
(a) The amount of funds collected and expended.
(b) The status of any project required or authorized to be funded as identified in subdivision (a) of
Section 50075.1 or Section 53410.
(2) Federal grant money and interest earnings account for the balance increase.
Sffi< u.I— T;
w 0°
O QDC 3uj ?Q. °-
S
&UJ
oc 5i Q
OT
Q O<£§
fc 3 DC9 I- o.g p o§ "- DCCM Q.D_<
0 g co- s §
1+1^S • Jj55 CC
IS*
CD 0
5 <j
S S
OTUJ
-> %
£ Hh~ E^E Q< zO UJQ_
ul
ESo 5
i HI2 >
OC
OTHIOCUJ1—
Z
OTin UJ0 UJO U_
" LU
ii
Ii
s? s?
88
88
^ o£
£ 88 "
o" o"8S
i- o"
^~
CM. 8
9co
CO
CO2
01DC>-
m0.
<
GC<
><
c«
C3u.o"
CD
<
[S UJ
55^ ^
HI HI
O)So"CMOCM"
T*~
OJ
8
oT^t-n
8"m
in"
CD
•
toCO
g
&CO
SCM_
SCM
CD"
CM
Tt"
COo
o"h-COCM"
'r"~
3o1-
DC DC
UJ HI
< <
«J| t tul HI UJ
SI OT OT
"51 ^ ^"1 O OQ.| 0-0.
I
CM
CD
"S
CM
Q
CO
0)
IQ.CD
to cO JS^ S
eS
2 ?O
S- T3CO a)
11
CD c
Exhibit 2
o o opop
CM O) t--'CD ID O>CM CO O
08
o1_ "JiV— »**ORMATION REPOR'CT TO GOV. CODESUNE 30, 2006U. uj -5
i§§= w z" CO Ul* isz s <E £ £•" u_ ^d
t0.<o
«at
5
IQ
Ul
OCrf£
io
OCoE
D
UJ(3QECO
Sffi
< ii_
*£UJ tt]
O D
£2
•z.
O uj3 I—E ^
te °COz
CO
5 £ 5
9 II
CVJ Q.Q.<
C3 " coZfiZ
— + COIP
UJO oz zQ 5
2 rfUJ 5
OTHEREXPENDITURESCOUJCCglCL O< zo uj
XUJ
UJ S
f So >UJDC
COfficrUJ
^z
COin UJ0 UJ
CM
i UJizz <
(3 <s 5
^p ^p5^ 5^§ §o do o
+ u
g 2i O)glO L1-CM £
O
•o"
_
^~
^J- CO
co" inCO ^°^
CM
CO
CM"
1
S
mCC.
>_1
rf
§"
.
"~
CM
O
S•<t
xrS
£
CM
COo"CM
~~
1
°in
COm"CM
gtco"CO
o
CO
COCO
CJ
o
R"•*
""
"53•jr
|2
«2>COx:o
ocvt
«ed for 201 1-1 6. IntenD
o
(0
ofCD
ffl
5Q
fe
-C
<D
1,03Q.2
C(03
-dC£
,5 Q)
1 — >to 2
o|Q)
ll
•~ O!C C
§'•5 C
0 °8 C. ^2: z — ^ oo
R8 1 8-Sb g 1 5 gOF 2 -a Zy — ^ a oE s .0 .> cE * c
.. 1! ! l5
« §§ 1» z z o c
211 1 Sa. o o >, -i
5
D.•c
>*•ffl73
CD
SI1te
Q>SU.
Exhibit 2
D<
Issss^Ss
g1 g>ro <o to i T
Q. ft O O O O CXI^ ~1 CM <N CJ C\J
N O O O CMm g op m i^*- o 10 m to
in CM" ^f -r-' r?
?O O) CO"
o m*-. "
asi
t
35
OO
Exhibit 2
I
CC O £
3
1
I
.9S QU_O
0
to
(J
111. UJis.
S§1
Z > 0o oHOWl§i
!|1
< W CCO 01 <
Z Q £4 •» ^2 ZZ 3E £_i<£a
SU!
UJ:j
z
X
(Cs
§ffl^ IIz £UJ CO
O Qcc 3s °-
oiw hH O iu
if g
fc |°
10 0o
CO
Q g
° 1 1i £§CM a_
C3 O ,„^EMAININiPPR. + ENAT 6/30/Of<
II |
0 0
CAPITALEXPENDITURESUJCC DUJ ZX LU1- >O ujCC
1-
111CCUJ^_z
o co
§' UJ
UlII
CM
2 iu
MC5 <UJ mco m
§O ^t CO O CMO Tl- CO O T-_
8 0 co cri o CDO *- CM O (M
CA
r- - - ^ S '-cp CM i^ CM S: c\i
CO CD O CO 2* CD
O O O O n" OCM CM CM CM CMC
§00 to
^ OO^ ' CO
§^ CD CDCO CO i-CD 00 U>
T" W CM"
o o o8 . S . 2 .
8 J8 52TJ- in CM
1
co"
CM
==
LU
^ Q
mO 1- >
5? 3 ,?, -5T uj ™ uj zUJ S m 2 D
s =• 1 s 1 §
j- z g i z ^
2 1 i i 1 E
I 1 m 0 i 1
< m Z — til Oo fr uj cc cc oz to § < 5 ^
§ tc z o 0 |
X CL ^~ _J ^ ^
*~ *" z "- z z<<<?<<cc cc £ cc ^ ^
§§<§<<
g g 0 g 0 0
... | | m <9 ffi ffltfll uj ui 5 LJJ $ 5
«££££££•d cc cc cc 5 5 5" o o o o o oO.I z z z co co co
^
^O
o>"
§oo"CMCM_
CO
CM"216,470i
00
oSs
s
CMCM_
i
w
o
Io
c
in a)
Is- *Q ^
^ O) ~~"CM aj
52 € -d ~
| ^ 52
•= I ?
£ g TJ
I | ^« "S•= i^ 2 -c| |||
^ o >>
1 f 1
Its« 2 '-g
I S SE 2 Q-
S" -S ^oc ;« w
;« -a ™
u < |
[•^ ^ O.a> " <e
£ *2 **
X 'O o£ c «
_. D T3
? "~ c1 | s
0 3 .2III
0^0
Q. 8 '5.
o 2 o ._ <D _ 0)CO C CO >
loll<5 CB o ffl
0 | 0 g
Q) _ Q) C
E •§ E 5S § 8 jj?
to c ^ ^
8 1 § ~0=0 "g
O (xj O "OCO . CM 3?9 TT f2 o•wy w» -wy c.._
<D CD 0) o
.> > .> Ca> co a) (Q
<l> CO CD rrta: tr DC §
ill
u° C? CM CO COm to t CO CMCO O CM Oi
O O CO OCM O *- O)00 00 Is*
a. ' •*. ' 'CO CDo ¥-CM
1CL g ( ( (
^5
J2 O O) CD CO£ co h-» ^ O)CD 00 Is- CO IOs *• S t 5!
"to*
CO « I/) CO CO CM
1 1 IS S3. 5 !?3 c- cn in co cnO c co en co enJj S U, ^ ^ CM
5"!fn O m ~ h- co ooui -. u. LO 10 o r--UJ > CD ^- -<t CO 00Z Z co" o" in oo"*~^ en o co ^t
'c 'c -"
O> D>C C
1 1Q Q
CM ThIs- CD
LO K
O O O r- CXJ CO*~* *"* CO CO CO 00
CD ^" CO CO CO COOJ CO Q Q Q Q"t °t z z z zCO rt D D D 3f/> «> U_ U_ Ll_ U.
U.
£5
COs
CM"216,470i
I
CO
00
LO
S
STT
co"COCM
Exhibit 2
Exhibit 2
o
oq
8
ooo>
8"
-S
P
UJ
llQ <;
§<
Ulif51 Qs§
ul
WUJuiu.
(O
I1
o
isUJ
ECoUJCL
Q.
WI w
Q.I CD
o(N
CJCOCM
R•*
«
1
o3
^
1
CD
I
cto
Exhibit 2
o
UJ
Sffi
g m
0 Qcc -3UJ ?Q. °-
z
111"
^1
COzo o
? Uil H~
9? g
§£§CM Q.
O O CD
— + §
S £ H
<
UJC3 oZ ZQ 5
COUJ
D: 5
g UJQ.XUJ
gccUJ1-z
2005-06FEES« u,
Ig^ 5C3 <ui mCD m
8 OCDOOOOOOOocoooooooo
§oaiin'oc>ooooOCOOOOOOOOO
CO </) <O CO CO^wwcnw^cn^j^aj
tn O> O> O) O> ' O> ' ,X "S.$°oooo^!o^$£ g
8||||S|SS3
1
CD CO O O)
o) r^ co CM
0" T-" T-"
CD f^ O <O Oh- N- 00 o o1 ^ O O O> ' O iii»
CO O IO CO OCO LO O5 ^ O
CM"
g h^ ^~ o ojr^ o> ^ • • ' ' oo_
S CO IO ^ "^CO TT Is- 04CVJ t- IO CM
COUJb
CO < ^ ,
— ^~ uj <; z
j rn P Z CO ^
5 | g- § Q p 2
LU CC -s: u~ S ^ ^(i Q — uj cc n coy rj uj o o — s1 i |lliig ^ P < UJ < zQ ZLJJ Dgj11^
H Qgiri£g^g°
§ fffflflf
z §>z3ul<>^
=! Q-m § Q 3 ttj 5 |
UJujzUJm<>;[£OcL
^'tjUJ^coQCC 5
^gSzl§cccccci<- — ^~OCI3^^^^ ^
< 2 ^ . "* , ^ ^ ^ ,
rfCLrf<r<r<r<frf'<r<r
!
QQ;UJLLILiJLLIlJJLlJLLJ 111
n^ i rfrfrfrfrfrfrf rf
(O r^ s*i s*i_j^OOOOOOO O
<5CLQ.Q.CLO.Q.Q.a.
§
t"
1in"CJ
co"
CO
fes^
o>
1
co"CO
00inCOco"COCM
740,738 |ins.
of
•a
I1
CD
O
oc
.2
1
O) VCO CDin o
5 i
3T3CD
_co
I11 1
•g
•D!^»2
CD
S>o3
£
"D
aI
ICO
8
3
CL3
aCD
CDO
CD
Cra
§a"
1
0)os
Q
i
inC«3
T" 00 CO C5CM CO CO 1**
co" r-" 10
3CC
Sioi
v>
at co i- ina- CM CO CO -<t3 O CO CM§ CM" t" co"
CC
w
c §
1 * §
* ? « fflJj5 o 2 — 'e °* T3 O Wo > ® «) S< ra I « '5„ c n .5 CT2 o> 3 o •*=S? 3 en c «g co < uj m
i. < m o Q
iP to cd oj otJ*^ CD Q) Q) Q>
fl) ^ ^ rf ^U.
s
o
CM O> O5-. _ CO CJo_ o_ oo_ oCD" in o" h-"o o co oCM m CM cjm" co"
in •* oo CM en
CO 00 CO CM
•' 85 £
Q a Q Qz z z zD 3 D 3
13
52S
LJJ UJCD UJrf LLP .
DC <UJ 0-0.
Q §
UJ 1—1- O nj< D i-
2 DC 5
2006-07 ANDFUTUREAPPROPRIATIONSCO 0 ,„REMAININAPPR. + ENAT 6/30/OfENDINGBALANCECAPITALEXPENDITURESOTHEREXPENDITURES^)OTHERREVENUE(1)INTERESTCO
O li.BEGINNINGBALANCE*OOOOOOOOCOOOOOOOOCOOOOOOOOOOOtf)OOOOOOOh-OOoooooooocnooooooocoooOOOOOOOOCMOOOOOOO O IT)
CO CO tO CO tO CO CO
^ CD co - §>-- §> §>c6 - g>co g> g g g1 c^
a88S|88||8S|8|66||8
§OCOO CMCO CMO CO OO OCOLOCM h- CD COCO O> OO OO3 ^ h^ ' O5 CO ' ' O) CO ' ^ ' O O ' O
CO CD CO CO CR CO CD CD ^ CO in ^~cncOTtco CMLO LOT- CM coo coCM" T-" CM" CM" ••-"
CO LOT- CM COOTfLOCO
i ' i -CO1 'T^CM.' 'CO''*CMh-'<tT-'
•^t CMLO CM -^-T-CDCTJO)T- CM^t CO T-h-O>T-cOen in T-_ •* co CM
CM T- in o i-~
O O Tf l~- CO1 1 1 1 ^ 1 1 1 QJ 1 1 Q 1 1 1 Q-) 1 p} 1
o>" co" CM" o"CO CO i- COT- CM
UJ
ui ^ ~~9 Q > 5 o§ < r; co £g = g 1fe 5 z 5 5n O < co UJ O Jy z z ui i- p m
Q; < UJ I tt < O
!l 1 iii! Hfii I!0Z OLU^^Z^ uir;ujoo °-n
!lii!!i!!!f!!ff[!l!llli^|llli§iillll!i
toSSiS^sssl^^^^HE^gz
(L|<OOlUlULiJliJlULU5O.CLQ.(/)COI— t— h->12,690,968s
ininCO•o-"
itCDo"506,005in
co"
io"CO
235,8671,102,7139,792,47817,046,423I
s
Is III ICD 0) C
13 W g
II**"! '«ja <n
E £
o SCE CL
Exhibit 2
I
«s
I1/
LULULL
PUBLIC FACILITIESSffi1>in CQ
O Qcc ;?*2
z
ESTIMATEDONSTRUCTIODATEO
co
D §
5B§° ? £
g DL §
CM Q.D.
0 ^ CO
— ^ 5e^- '
^ -LU Q. Hg IX <
UJo oz z
Q 5Z rfLJJ S
coLU
CCDC DLU H
I Q
0 §
0.XLJJ
COLU
. DC
El< zg UJ
XUJ
£
CC IDUJ =>f §o >UJ
DC
fcco
LJJccUJHz
2005-06FEESBEGINNINGBALANCEgssggssgg^^ssggss^ggo?8s88s|8.888E;88.[8888§
8 'OO.rJOOOOQOO'OOOfr]^OOgOOOOpOOQQOOOf^
W CO CO COCO CO COCO —COCOCO CO COCO CO_COCO.-. 'S <0 — .S£cM£cM££ + £c\i££°H"f£cM
°>g>ci §>c6 g1"! °>co I'^'go-S ^co
IXQlOCuOCLCLOjCLOCUCLOOJ 0>I^S
c c c c c j=SS w J=
CMino oo o o OT-O •<*•
CMCOO'^fCO'O'Tf1 'CMTfO'GO
T-" T-" i-" CM" i-" o f-" o" in" d t~incD^ coo o co COT-'~ ^~COCOO CO^" CD O> CO T— ^ T—coincM o> i— CD T- I^COT— r^
inO CO t^O ^— T— CM COO5CM^ o co ' ^ m ^ in co * co co ^ *co" co" co in" o" c\j" o> co" h~" ro" r--~^-o CM cocn o rfcn cnooco CM_ h- T-_ in co o> in i-i- co" in" Tt
o i- en in en T-CO CO CO O i- COm • ' CD ' ' ' • o> • ' co_ • co_ ' CM_ '
co" ^ co" CD" CM" c\T
t" CM"
Q _
2 Q ulO < ^ CO111 D 0! <
51 1 !i Si|dz i I| sia 2 1 < ^1 ag
n-r^ ncQ — Ws_W m h- o ^ m >iiii I...M!!!-±<fe JoSuj^-pS-^o
UJUjf-fS •!-^COloUjO<<o''
<<?llli8l^l|>!llSbrgDC^QQyp: .OQ-Q-z$Q-Q-
i^|<<uj.SS!gE^|»^^
55lse^88£l.illi§§Q-Q->z>-ujS52oSR§22
UJLJJ^<?^§§3^LJJU,OZ11
«|§^<3Sii5|^||i288
l?|§siilfe&5g2<<»E2 =l^55d22Sffig|SS||||CL|<<OOOIUUJU.U._IQ.Q.Q.Q.I-<<
CM
S
co"oCO
0>"in
CO
S•t"l~-co
8
o>
CM
CO_co"CO
CO
CO
in
COin
§
r--."
Sr-
H5^
CO
(N
COr-_
COCOO)5,900,483 |38,659,273 |in
8
CM"CO••t
8"
.u&o
tly rental income.v>o
Exhibit 2
o>D.
'5CQ
"o
5?
Exhibit 2
a.<o
LU ...ft\ LUt_J I.!
1?MI mII 1 LU
O Qcc ^£2
Q iUJ t-
£B£
S £ <
5|°Ml ^m Oo
COzQ O
| LU K«• DC <E^ !D CC
§308 2 g
CM 0.D.
<
C3 O m^5 -^ CD2 g 5
5 + mieg^a<
UJ00
Q <
Z <
LU CO
CO
LU
^
h— ^
CL Q< z§ UJ
Q_
XUJ
LU
CC 0
LU Z
I LU1— >
O LU
LT
t-COLUCCUJi^
•7
0 COm LU
O LUO iiCM
g uj
ISz <
C3 <
S 5
?
LU
Q
(0igmo
TRAFFI5?SS3Ss?6SsSsSsSsS5?sS88888888888
8 OOOOOOOOOOoooooooooo
Cfl 0)CO1*— rococo K-r- i!?h^coT—^c\io^^£c32o^cM
•Acoco-AA ^co ^cD-Aco
OOOOOQ_OQ_OOOCVJC\JC\JCMOJCM~;CMCNJCV1c c
§o o o o o oo o o o o o
§o~ o o" o" o" o"O5 ^* ^*~ O) ^~ ^~r- T- OJ CM i- CNJ OJ
, . | , . § . if . .
o" •*" •*" o10 CM CM i-T- T- CM
UJI % $ gUJ ^ = LU .> EC £ . Q. 1-<£ S ujSSlgHEW o igS^f
8l|§5<11^3^•oc-'^'>S<UJr:<rH<^(-'z=JP^.5l~r;iiJ-iLrLuaiQp^^a:0^acctluj-tLtjbaujOLi:Z<SCDCQWr?z=>Zrf<>QLuWzR<LL<owQmdLi:Orf9i,j9Q(ii^LJJTr'i;5r^^LU^t=
8§QQQ<>2iH<!3<<<^L,:S£^z^
2§ZZ-JOjyZz2<<<<O_jUJ<O<<oooooLuSo-D-cci—
§
o
5
a>o>co
o>
•
co•£
3
15>
g
1
C3)C2
m
o
5?m
CO
cb$LL
lu?
Exhibit 2
g g 8C O LU
1°^2 o S^ 111 Q
3 § S
ill
zo
ii
1 +
LU Q-
<RATING ILUD_
O
C5Z
OzLU
^O
%
5
V)DCLUU.
H
9
CM
CDZzz
oLLJCO
8§
cc
CV5UJoc
h-
QZ
ffXLU
Lit
EVENUcr
£
K[3§Z
S3UJU.
LU
2<•
J
8 ° ° SiCggogggoggZggcogooooooogoggoo^gg
I-- o •**- O i-' =
1^ <Deo •*•* r*>O) T-
? 5 e s
T- T- O>
<\T o in"to in »-
? I5 z
0)§ »
£ 3
QLU
^P
COLU
Q
Z
O
CO8CM
O
z
<
UJcc
UJof±zUJ0cc
UJ
CL
Zo
1-0
cch~
"7oo
LUcc
t-
LL
o
LU
CCCLCL
UJUJLL
to
Q
CL
LU
I—kQ
CO
o
H
^CCCL
OCCCL
CD
§
<
8888
3 3 3 r-•§. •§. •§. 2
E E E g000°O O O N
?
Oz
DZUJ
— J
tz
^o
ccUJ~r
1-O
9inooCM
O
Zz
UJm
LU
O
<f
TJ:
"
COLU
CCU1—
Q
ZLUCL
XLU
LU
^)ZLU
LU
CC
COLUCCLU
-
CO
UJ
LULL
LU
O
CO
,
3
z
UJ
UJUJCC
O
1-zUl
/IBURSEM\II3H S31>«*.
OO
Q
1 i
ctl <
0o"C\l
3
z
Ul
UlUJcco
HzUJ
rfBURSEM^II3U S31>«».
Oo
Q
_l
|
1
11_
CM
1
HI^T AGREEHzUl
Ul
COcc3CO
Ejcc
^z
UJz
8
,
O
1—LOA S3HCUJocccUJ
UJco
z
cc
Q
coco_i
<
2o>CMCO
~~
*
UJco
Q.
Z
2
Ulooc0u_TATION &3A ILIFT SO
OUlI
13(5<
§
8
CO.co
o
g
S
o>
o>c•s0)c
Exhibit 2
O X T _i 2
Q) (D CD CD CD
<I <C <C <t <^
§OOOOp C3 C) C)
i— in h- CD in1- CO ^f r~
< CO O Q LU LL £
5t i ^f ^f ^f ^f co<<<<<< g
^-? ^-1 ^-} ^ ^ ^J cco in o> co co co caT- co o> o in r-- —^ t^ I— CO CO CO tfj
•r-" T-- CM" CM" M
Ul ...2 ffl
z>ui co
0 Q
5 £
Q SUJ JT>~ y uj
jr to D
m 8
COz
Q Oi g £
|^£
8 ^ CCCM D_0.
CD y co|+1
o: Q. <<
0 Sz z
Q <,Z 5*UJ S
coii i
_i (c-< jE
E 5< z0 UJQ_
2
£
CC UlUJ 13
£ So >UlCC
UJCCUJI—z
o coin UJO UJO 1'
S UJ^ oz zS <C5 ^s s
Illllllll
.
CO CO CO CO CO CO COCO i". CO CO CO CO (0 *Y% CO
Of{. OCAOOCT)^ O)
Q.OQ-Q-Q.Q.Q.OO.
.E.E.E.ESS.E
en co CM o o oen co o> o co of- T-_ ' in ' o_ • eg CM_ •h- o T— o co in§^f o> co co T—^ co co co h-co" T-" co CM" T-"
§o> o *~ T~ h*oo o in co T-1 T- • ' O CO ' O> T—
O>~ O)" CM CO" CM CO"CM O CM ^- O Oo co m i^ •*
»- !•-" CO" T-" T-"
•* CM N C\T O> OJ CO
i— ' CO CM CO ' T- ' O O>i-~ in" co CD" N" co"
CM O> r-^ t-
^Q
^1- inco ST v
U. T- CO T-
< 1119 UJ Ul Ul DCg DC. DC C£ O
Q CC DC DC olUl O O O UJX H H 1- OZ Q_ Q. DL ft"
§ < Q UJ UJ Ul ui
< UJ DC Ul LU UJ —' O UJ h- 1- h- Qccoc to 5?zz<
CO Jt: ^ — H~ CO CQ CO COto ^ ;2 «ir ~^ 5 co co co ^~
^ O ^^ ^ ^ II 1 nr (_} ^J (J 1 1 1
OL>CQUIUJLLCO>>>CO
CM co oj-*cooomCD o oocom^-o
I
CJ"
co"
§
•t"
inin
o
CMmco"|^p
8
^O)o>
5CJ-
m
in
co
oo"
^
^
CO
£S
CM"8
coaT—
oo"CO
CMs
COo
3"
i
£
c
^*co in inincococo
Exhibit 2