2013-39 RESOLUTION NO. 2013- 39SA
A RESOLUTION OF THE CITY OF GRAND TERRACE AS SUCESSOR
AGENCY TO THE GRAND TERRACE COMMUNITY
REDEVELOPMENT AGENCY APPROVING A RECOGNIZED
OBLIGATION PAYMENT SCHEDULE COVERING THE PERIOD
JANUARY 1, 2014 TO JUNE 305 2014 (ROPS 13-14B) AS REQUIRED
BY HEALTH AND SAFETY CODE SECTION 34177
WHEREAS, the Grand Terrace Community Redevelopment Agency, Grand
Terrace, California ("Agency") was formed for the purpose of revitalizing areas within
the City of Grand Terrace pursuant to Health and Safety Code (HSC) Section 33000, et.
seq.; and
WHEREAS, AB x1 26 required the dissolution of all redevelopment agencies in
the state; and
WHEREAS, on January 10, 2012, the City adopted Resolution 2012-01 electing
to serve as the Successor Agency to the Grand Terrace Community Redevelopment
Agency ("Successor Agency") pursuant to HSC Section 34176; and
WHEREAS, a Recognized Obligation Payment Schedule (ROPS) is defined in
HSC Section 34171(h) as the minimum payment amounts and the due dates of
payments required by enforceable obligations for a six-month period; and
WHEREAS, the ROPS identifies the payment source of enforceable obligations
as payable from the Redevelopment Property Tax Trust Fund (RPTTF) and payable
from Other Sources of the Successor Agency; and
WHEREAS, the California Department of Finance has required a submittal of the
ROPS covering the period January 1, 2014 to June 30, 2014 (ROPS 13-14B), in
accordance with AB 1484 to be submitted by October 1, 2013; and
WHEREAS, on September 10, 2013, the ROPS for the period January 1, 2014 to
June 30, 2014 (ROPS 13-1413), pursuant to HSC Section 34177(I), was considered by
the City as Successor Agency.
NOW THEREFORE, THE CITY OF GRAND TERRACE AS SUCESSOR
AGENCY TO THE GRAND TERRACE COMMUNITY REDEVELOPMENT AGENCY
DOES RESOLVE, DETERMINE, FIND AND ORDER AS FOLLOWS:
SECTION 1. The City as Successor Agency finds that the above recitations are
true and correct and, accordingly, are incorporated as a material part of this Resolution.
�1
SECTION 2. The City as Successor Agency finds that all obligations listed on
the ROPS for the period .January 1, 2014 to June 30, 2014 are true and correct and,
accordingly, are hereby considered enforceable obligations.
SECTION 3. Pursuant to HSC Section 34177, the ROPS for the period January
1, 2014-to- June 30, 2014, incorporated herein as Attachment A, ("ROPS 13-14B") is
hereby approved and adopted in substantially the same form as shown in Attachment A
by the Successor Agency.
SECTION 4. The Executive Director is hereby authorized to .make such non-
substantive changes and adjustments to ROPS 13-14B, as attached, which may be
necessary-and appropriate.
SECTION 5. The. Executive Director is hereby directed to take all necessary and
appropriate acts to submit the ROPS 13-14B to the Oversight Board for the Successor
Agency for its consideration and adoption. The Executive Director is further authorized to perform all acts necessary and appropriate which may be required by the California
Health & Safety Code. This includes, but is not limited to the requirements set forth by
the California Department of Finance, the San Bernardino County Auditor-Controller, or
any other applicable agency.
SECTION 6. The City Clerk shall certify to the adoption of this Resolution.
PASSED APPROVED AND ADOPTED this 10th day of September, 2013.
Mayor of he City of Grand Terrace
ATTEST: -
City ClerlW t e City of Terrace
I, TRACEY R. MARTINEZ, CITY CLERK of the City of Grand Terrace, do hereby
t. certify that the foregoing Resolution was introduced and adopted at a regular meeting of
�J the City Council of the City of Grand Terrace held on the 10th day of September, 2013
by the following vote:
AYES: Councilmembers Robles, Mitchell and McNaboe; Mayor Stanckiewitz
NOES: None
ABSENT: Mayor Pro Tem Sandoval -
ABSTAIN: None
Tracey R N arti ez, City
APPROVED AS TO FORM:
1
City Attorney
Attachment A
Recognized Obligation Payment Schedule (ROPS)
r
For the Period January 1, 2014 to June 30, 2014
L
(ROPS 13-1413)
` Recognized Obligation Payment Schedule(ROPS 13-1413) -Summary
Filed for the January 1,2014 through June 30,2014 Period
Name of Successor Agency: Grand Terrace
Name of County: San Bernardino
Current Period Requested Funding for Outstanding Debt or Obligation Six-Month Total
Enforceable Obligations Funded with Non-Redevelopment Property Tax Trust Fund(RPTTF)Funding
A Sources(B+C+D): _ $ 1,759,633
B Bond Proceeds Funding(ROPS Detail) 480,000
C Reserve Balance Funding(ROPS Detail) 1,279,533
D Other Funding(ROPS Detail) -
E Enforceable Obligations Funded with RPTTF Funding(F+G): $ 1,166,700
F Non-Administrative Costs(ROPS Detail) 1,041,700
G Administrative Costs(ROPS Detail) 125,000
H Current Period Enforceable Obligations(A+E): $ 2,926,233
Successor Agency Self-Reported Prior Period Adjustment to Current Period RPTTF Requested Funding
I Enforceable Obligations funded with RPTTF(E): 1,166,700
J Less Prior Period Adjustment(Report of Prior Period Adjustments Column U) (161,920)
/ K Adjusted Current Period RPTTF Requested Funding(I-J) $ 1,004,780
County Auditor Controller Reported Prior Period Adjustment to Current Period RPTTF Requested Funding
L Enforceable Obligations funded with RPTTF(E): 1,166,700
M Less Prior Period Adjustment(Report of Prior Period Adjustments Column AB) -
N Adjusted Current-Period RPTTF Requested Funding(L-M) 1,166,700
Certification of Oversight Board Chairman:.
Pursuant to Section 34177(m).of the Health and Safety code, I
hereby certify that the above is a true and accurate Recognized Name Title
Obligation Payment Schedule for the above named agency. /s/
Signature Date
r
Recognized Obligation Payment Schedule(ROPS)13-14B-Report of Fund Balances
(Report Amounts in Whole Dollars)
Pursuant to Health and Safety Code section 34177(1),Redevelopment Property Tax Trust Fund(RPTTF)may be listed as a source of payment on the ROPS,but only to the extent no other funding source is available or when payment from properly tax revenues is required by
an enforceable obligation.
A B C I D I E I F I G I H I I I J K
Fund Sources
Bond Proceeds Reserve Balance Other RP`TF
Review balances
retained for
Bonds Issued Bonds Issued approved RPTTF balances Rent,
on or before on or after enforceable retained for bond Grants,
Fund Balance Information by ROPS Period 12/31/10 01/01/11, obligations reserves Interest,Etc. Non-Admin Admin Total Comments
ROPS III Actuals(01/01113-6130113)
Beginning Available Fund Balance(Actual 01101/13) 'Column D:balance of 2011A Tax Allocation
Note that for the RPTTF,1+2 should tie to columns L and Q in the Bonds(tax-exempt bonds).
1 Report of Prior Period Adjustments(PPAs) 13,124,044 25,988 250,000 $ 13,400,032 'Column H+I=
Revenue/Income(Actual 06130/13)Note that the RPTTF amounts
should tie to the ROPS III distributions from the County Auditor-
2 Controller 920,548 - $ '920,648
Expenditures for ROPS III Enforceable Obligations(Actual
06130113)Note that for the RPTTF,3+4 should tie to columns N
3 and S in the Report of PPAs 906,007 138,098 $ 1,044,105
Retention of Available Fund Balance(Actual 06/30113)Note that
the Non-Admin RPTTF amount should only include the retention of
4 reserves for debt service approved in ROPS III $
ROPS III RPTTF Prior Period Adjustment Note that the net Non-
Admin and Admin RPTTF amounts should tie to columns 0 and T No entry required
5 in the Report of PPAs. 49,158 112.762 $ 161,920
6 Ending Actual Available Fund Balance(1+2-3-4-5) $ $ 13,124,044 $ $ $ $ 40,529 $ 111,902 $ 13,114,565
ROPS 13-14A Estimate(07101113-12131113)
Beginning Available Fund Balance(Actual 07101113)(C,D,E,G,
7 and I=4+6,F=H4+F6,and H=4+6) $ $ 13,124,044 $ $ $. $ 40,529. $ 111,902 $ 13,276,475
Revenue/Income(Estimate 12131113)
Note that the RPTTF amounts should tie to the ROPS 13-14A
8 distributions from the County Auditor-Controller 1,223,281 130,250 $ 1,353,531
Expenditures for 13.14A Enforceable Obligations
9 (Estimate 12131/13) 1,223,281 130,250 $ 1,363,531
Retention of Available Fund Balance(Estimate 12131/13)
Note that the RPTTF amounts may include the retention of
10 reserves for debt service approved in ROPS 13-14A $
11 Ending Estimated Available Fund Balance(7+8-9-10) $ $ 13,124,044 $ $ $ $ . 40,529 $ 111,902 $ 13,276,475
I '
Recognized Obligation Payment Schedule(ROPS)13-14B-ROPS Detail
January 1,2014 through June 30,2014
(Report Amounts In Whole Dollars)
A B C D E F G H I J K L M N O P
Funding Source
Nan-Redevelopment Property Tax Trust Fund
(Nan-RPTTF) RPTTF
Contract/Agreement Contract/Agreement Total Outstanding
Item If Project Name I Debt Obligation Obligation Type Execution Date Termination Date Payee DescriptionlProject Scope Project Area Debt or Obligation Retired Bond Proceeds Reserve Balance Other Funds Non-Admin Admin Six-Month Total
$ 61,990,491 $ 480,000 $ 1,279,533 $ - $ 1,D41,700 $ 125,000 $ 2,926,233
1 2011 A Tax Allocation Bond Bonds Issued After 1/12011 9/112033 US Bank Bond Principle and Interest an RDA Grand Terrace 26.767,110 N 414,098 $ 414,098
12/31/10 Bonds
2 2011 B Tax Allocation Bond Bonds Issued After 1/12011 9/12026 US Bank Bond Principle and Interest on RDA Grand Terrace 8,332,735 N 193,393 $ 193,393
12/31/10 Bands
3 Trustee Fees Fees 1112011 9112033 US Bank Trustee Fees Grand Terrace 152,000 N $
4 Zion Loan City/County Loans 7/12005 9112020 Zion First National Bank Private Refunding of CRA Debt Grand Terrace - N - $On or Before 627111
5 Repayment of Debt Service City/County Loans 1282012 1/282021 SB Valley Muni Water Repayment Incorrect debt service Grand Terrace 1,896,672 N 240,000 $ 240,000
On or Before 627111 distrib by SBC ATC
6 Professional Services Professional 2/12012 61302013 City News Group Advertising/Noticing Grand Terrace - N - $
Services
7 Consulting Services Professional 7/132010 1/31/2013 Chamber of Commerce Business Development Services Grand Terrace - N - $ -
Services
8 Professional Services Professional 2/12012 6/30/2034 Professional Appraisers Property Appraisal Services Grand Terrace 420,000 N 10,000 $- 10,000
Services
9 Professional Services Property 4/122011 61302015 ACE Weed Abatement Weed abatement for Agency owned Grand Terrace 40,000 N 10,000 $ 10,000
Maintenance property
1D Professional Services Professional 2/12012 6/302034 Urban Futures S.E.C.Rule 15c2-12 Compliance Grand Terrace 147,000 N 3,500 $ 3,500
Services Requirement-Bonds
11 Professional Services Professional 2/1r2012 6/302034 OmnifOrrick IRC sec.148(f)Compliance-Arbltrage Grand Terrace 125,000 N 3.000 $ 3,000
Services Rebate Calculation
12 Agency Owned Property Property 2112012 61302034 Various contractors Property Maintenance and Insurance- Grand Terrace 420,000 N 10,000 $ 10,000
Maintenance Agency Property
13 2011A TABS Debt Service Reserve Bonds Issued After 1/1/2011 9112033 US Bank DSR-Bond Covenant Requirement Grand Terrace 1,260,903 N $ -
12/31/10
14 2011B TABS Debt Service Reserve Bonds Issued After l/12011 9112026 US Bank DSR-Bond Covenant Requirement Grand Terrace 476,910 N $
12/31/10
15 Professional Services-RDA wind Dissolution Audits 9112012 11312013 Rogers Anderson Malady Due Diligence Reporting/Review HBS Grand Terrace - N $
down 34179.5
16 SA Legal consulting Legal 10112011 6/30/2034 Jones&Mayer Legal Counsel under H&S 34177.311,1 Grand Terrace 1,260,000 N 4D.000 $ 40,000
17 2011A TABS Bond Projects Bonds Issued After 3/132012 31132015 Webb&Assoc Michigan Street Improvements:design Grand Terrace - N $ -
12/31/10 and ROW acq.
18 2011A TABS Bond Projects Bonds Issued After 1/12011 9/1/2033 ContractoWStaff Southwest project area:infrastructure Grand Terrace - N $ -
12131/10 study and design
19 2011A TABS Bond Projects Bonds Issued After 1/12011 9/112033 ContractorslStaff Southwest project area:infrastructure Grand Terrace - N $ -
12/31110 construction
20 2011A TABS Bond Projects Bonds Issued After 1/12011 9/12033 Contractors/Staff Barton Road Infrastructure Grand Terrace - N $ -
12131/10 improvements
21 2011A TABS Bond Projects Bonds Issued After 1112011 9/12033 Contractors/Staff Michigan Street improvements: Grand Terrace - N $ -
12/31/10 construction
22 2011A TABS Bond Projects Bonds Issued After 1/12011 9/12033 Contractors/Staff Union PacificlBarton Road bridge Grand Terrace - N $ -
12/31/10 construction
23 2011A TABS Bond Projects Bonds Issued After 1112011 9/12033 Contractors/Staff Storm drain&street rehab:Van Buren,Grand Terrace - N $ -
12/31/10 Pico,and Main St
24 2011A TABS Bond Projects Bonds Issued After 1112011 9112033 Contractors/Staff Mt.Vernon slope stabilization Grand Terrace - N $ -
12/31/10
25 2011A TABS Bond Projects Bonds Issued After 1/12011 9112033 Contractors/Staff Vista Grande Park construction Grand Terrace - N $
12/31110
Recognized Obligation Payment Schedule(ROPS)13-14B-ROPS Detail '
January 1,2014 through June 30,2014
(Report Amounts in Whole Dollars)
A B C D E F G H I J K L M N O P
Funding Source
Non-Redevelopment Property Tax Trust Fund
(Non-RPTTF) RPTTF
Contract/Agreement Contract/Agreement Total Outstanding
Item 9 Project Name/Debt Obligation Obligation Type Execution Date Termination Date Payee Desprlptipn/Pfoject Scope Project Area Debt or Obligation Retired Bond Proceeds Reserve Balance Other Funds Non-Admin Admin Six-Month Total
$ 61,990,491 S 480,000 $ 1,279,533 S - S 1,041,700 S 125,000 S 2,925,233
26 2011A TABS Payment Reserve Bonds Issued After 1112011 .9112033 US Bank Reserve m per H&S 34171(d)(1)(A)- Grand Terrace 698,298 N 698,298 $ 698,298
12131/10 bond debt service '
27 2011B TABS Payment Reserve Bonds Issued After 1112011 9112033 US Bank Reserve as per H&S 34171(d)(1)(A)- Grand Terrace 436.735 N 436,735 $ 436,735
12/31110 bond debt service
28 SERAF Loan LMIHF-RESERVE SERAFIERAF 4262011 4262021 LMIHF Repayment of loan for SERAF- Grand Terrace - N $.
Reserve
29 Staler Brothers OPA Business Incentive 2=011 2/2212021 Stater Brothers Markets Payment on participation agreement Grand Terrace 1,044.375 N 144,500 $ 144,500
Agreements
30 Residual Receipts Miscellaneous 2242009 2242033 City of Grand Terrace Affordable housing payment agreement Grand Terrace - N $ -
Fy2012-13
31 Employee Costs Admin Costs 2/12012 6/302034 Personnel Costs Agency direct employee costs-salaries Grand Terrace 3,207,000 N S 76.357
76,357
32 Employee Costs-PERS Admin Costs 2/12012 61302034 Personnel Costs Agency direct employee costs-PERS Grand Terrace 774,270 N 18.435 $ 18,435
33 Office Rent/Cost Allocation Admin Costs 211/2012 61302034 Personnel Costs _ Agency direct employee costs ther Grand Terrace 905,100 N $ 21,550
benefits 21,550
34 Cost Allocation-Adm O/H Llab Ins Admin Costs 2112012 613012034 Personnel Costs Agency direct employee costs- Grand Terrace 363.630 N $ 8.658
insurance(unemployment,workers'
compensationl 8,658
35 Consulting Services Admin Costs 2J12012 6/302015 RSG Reporting and Administrative Services Grand Terrace N $
36 Consulting Services Admin Costs 2112012 61302014 HDL Property Tax Reporting Services Grand Terrace N $
37 Office5ffice Costs/SupplierJMisc. Admin Costs 2112012 6202034 Various Administrative supplies and costs Grand Terrace N $
38 Annual Audit and Reporting Admin Costs 2/12012 61302014 Rogers Anderson Malody Required annual auditing services Grand Terrace N S
39 Property Disposition Plan Property Dispositions 8112r2013 8/122034 Contractor Preparation of property disposition plan Grand Terrace - N $for housing assets
40 2011A TABS Bond Projects Bonds Issued After 31132012 31132015 Webb BAssoc Michigan Street improvements:design Grand Terrace 480.000 N 480,000 $. 480.000
12/31/10 and ROW acq.-Phase 2
41 2011A TABS Bond Projects Bonds Issued After 31132012 3/132020 Contractors/Staff Grand Terrace Project CIP(Items 18 Grand Terrace 12.644,044 N $ -
12/31/10 through 25) '
42 SERAF Loan LMIHF-Reserve SERAFIERAF 4262011 4262016 LMIHF Repayment of loan for SERAF- Grand Terrace - N - $
Reserve
43 Residual Receipts Miscellaneous 2242009. 2242033 City of Grand Terrace Affordable housing payment agreement Grand Terrace - N - S -
-FY2012-13
44 Properly Management Property Dispositions 1/12014 61302034 Contractor Implementation of Property Disposition Grand Terrace 50.000 N 50.000 8 50.000
Implementation Plan Plan upon approval of DOF
45 Demolition of single-family dwefiing Remediaton 1/1/2014 61302014 Contractor Demolition of single family dwelling on Grand Terrace 25,000 N 25.000 $ 25,000,
21992 DeBerry Street '
46 Removal of concrete slab&soil pile Remediation 1112014 613MO14 Contractor Removal of concrete slab&soil pile at Grand Terrace 30,000 N 30,000 $ 30,000
APN 0275-242-10
47 Taxes on Successor Agency Property Dispositions 1/12012 60/302014 San Bernardino Auditor Property Tax on Successor Agency Grand Terrace 12.709 12.709 $ - 12,709
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Recognized Obligation Payment Schedule 13-14B - Notes
January 1, 2014 through June 30, 2014
Item# Notes/Comments
40 ROPS DETAIL FORM#40: Request funding for the Michigan Street Improvements-Phase 2; The Agency is
resubmitting this item as this phase of the project was established under ABx1 26 redevelopment dissolution
law, not AB1484.
44 ROPS DETAIL FORM#44: Request funding for the implementation of the Property Disposition Plan after
approval by the DOF.
45 ROPS DETAIL FORM#45: Request funding for the demolition of a single-family dwelling on 21992 DeBerry
Street; the agency owned property contains a single-family home that is old, dilapidated and uninhabitable.
Demolition will prepare the property for sale after approval of the Property Disposition Plan by the DOF.
46 ROPS DETAIL FORM#46: Request funding for the removal of a concrete slab and contaminated soil pile at
APN 0275-242-10. Removal will prepare the property for sale after approval of the Property Disposition Plan by
the DOF.
47 ROPS DETAIL FORM#47: Request funding for the property taxes due on the following properties: 22720 Vista
Grande Way and 22747 Barton Road in Grand Terrace.