2017-03 RESOLUTION NO. 2017-03
A RESOLUTION OF THE CITY OF GRAND TERRACE AS
SUCCESSOR AGENCY TO THE COMMUNITY
REDEVELOPMENT AGENCY APPROVING A RECOGNIZED
OBLIGATION PAYMENT SCHEDULE COVERING THE
PERIOD JULY 1, 2017 TO DECEMBER 31, 2018 (ROPS 17-18)
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; and
�1
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 July 1, 2017 to June 30, 2018 (ROPS 17-18), in accordance with AB 1484;
and
WHEREAS, the City of Grand Terrace as Successor Agency'to the Community
Redevelopment Agency has met and duly considered a Recognized Obligation Payment
Schedule for the period July 1, 2017 to June 30, 2018 (ROPS 17-18).
NOW THEREFORE, THE CITY OF GRAND TERRACE AS SUCCESSOR AGENCY
TO THE COMMUNITY REDEVELOPMENT AGENCY DOES RESOL,V_E_ , 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 Reso`fution.,
S.A. RESOLUTION NO. 2017-03 PAGE 1 OF 6 JANUARY 10, 2017
SECTION 2. -,The City as Successor Agency finds that all obligations listed on the ROPS r �,
for the period July 1,'2017 to June 30, 2018 (ROPS 17-18) are true and correct and, accordingly,
are hereby considered enforceable obligations.
SECTION 3. .Pursuant to HSC Section 34177, the ROPS for the period July-1, 2016 to
June 30, 2017 (ROPS 17-18), incorporated herein as Attachment A, ("ROPS 17-18") 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 17-18, 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 17-18 to the California Department of Finance, State
Controller's Office, San Bernardino County Auditor-Controller, and any other agency by the
deadline. 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 10'h day of January, 2017 by the following vote:
1
AYES: Agency Members Reinarz, Hussey, Wilson, Vice-Chair Robles, Chair McNaboe
NOES: None
ABSENT: None
ABSTAIN: None
Dar McN boe, C�iair
ATTEST:,
Pat Jacqu r s,.0 ty�&V__/
S.A. RESOLUTION NO. 2017-03 PAGE 2 OF 6 JANUARY 10, 2017
a Recognized Obligation Payment Schedule(ROPS 17-18)-Summary
Filed for the July 1,2017 through June 30,2018 Period
Cn
CSuccessor Agency: Grand Terrace
�l County: San Berrfardino
O
z
Z 17-16A Total 17-18B Total
0 Current Period Requested Funding for Enforceable Obligations(ROPS Detail) (July-December) (January-June) ROPS 17-18 Total
N
O
A Enforceable Obligations Funded as Follows(B+C+D): $ '.. 289,015 $ $ :. .`. 289.0.15
B Bond Proceeds '289,015 "289,015
C Reserve Balance .
D Other Funds
E Redevelopment Property Tax Trust Fund(RPTTF)(F+G): $' 1;350,273 $ 1,286,268 $ 2,636,541
F RPTTF 1,225,273•• 1,161;268 2,386,541 >
G Administrative RPTTF 125,000 125,000 250,000, n
ro H Current Period Enforceable Obligations(A+E): $ 1,639,288 :$: .1,286,268 $ :: 2,925,556:
a M
0 z
m •a
W a
O
cN
Certification of Oversight Board Chairman: Darcy McNaboe Chair
Pursuant to Section 34177(o)of the Health and Safety code,I hereby
certify that the above is a true and accurate Recognized Obligation •Name ) Title
Payment Schedule for the above named successor agency. isf l /J
Si natur ( Date
a
z
c
a
z
0
tJ
O
V
r
w� Grand T—a R,,g,Izod OhllDatlon PAYment SnmdwIn(ROPS 17.18)-ROPE Debit
!" July 1.2017 thrau0h Juno 30.2018
(Report Amounts In Whola Dollam) —
T I U I V I W
C"' a 17-18A(July-Decernher) ... -.,.,..n-' 171881January June) •
Cj Fund Sources Fund Sources
CadraWA9reemeM COWaNPgrument Total OuerefW ROPS 11 ]-10R
hemp Pro ed NamelDeM CtLvauw Odgauw Tvpe ExewRwn Dale Tefmuatwn Dale Paves Dewipuerv9fwed s— q%ed DedwOdgalwn ded Tobl t0 6orN gorae6z Reuse BaWrcel mrF RPTTF I Abn PTTF I 1Toln1 I Bvm Rviceeez lReerve gab al Ower FUNa I R— RPRF I's
- I 1E Oat 2411 F IS 561$ 2NO15 8 lmm S BIS- .IS' -15•' fit Me 4 125IXp I5.. 26e1
1 2IDtl eTaz abw4on ewq IEvmslasuE Prier 12NJ111011/IrzOlt ar120M US Rank rBwvl Rrm a IderntmRDA5,918?00 N S 637,915 4t4 b 4r4< 9t to I•.3a t
O I ROMs p a n1e• A I I I I - I 1 I S b 2i E I 'Bw
31Tnrslee Fees IF. It/1rz011 191rzv33 IUS RarUr ITruslee Fees 057WI_ N I S 30001 1 ],0001 IS —a
>itinruiN'wxWBerhy..z q-ateRAlw.m;JsJ�?hW';'.:. '.'. .•" <. ,. _
o I;` la �
SlRp med ofD e I w B0 I1-21 RVaa W I wW 1 AT 93.]52 N I$; 236000I I I I' I I 2]6.O0OI IS 26,OOOI
I I 'q
wx l 11? IN3U/'0]n "Tqul�ruum Anew sane 1 :1k ul Swzlus 1 1 1 1 Sow I 160J0 I 1 1i OINII 1E UUU
JOUWI
9 Pfgleasoml5emces RppeM MaNemrc 12rzOt1 fi(J0rzm6 Cal Oreamwa W Mior Agercy owreU J950 N f ]50 E ]90
I I I I �°I I I I I I _I I I I t-1 I' ]�
I0IP 1 aoreSer I rvcea 1R012 I61J9rz93 J.—F.— IRE J 1--2C pl I I 4Bts0I N IS I I I I I' I I I I I•E I
M URb n IR w e I fI012 AO 0 Iti'Jrm Nraq R Y 4 h i w N'
I
1 12mtATARS Debt Sery ce Reurve ezervea N Intrzmt rz0]] IUS 6irM DSR evm Cwere meM I I I N r5 I I I 5 I IS
I f412m1R TAe5 De5l5emce Reserve lReserves Itl1llml 9nt1pM IUS Bahr DSR-Rwtl CwemM Rwurement I I N IS 1 I 1 1 1 I 1
I: 15IRplessorWServcesitOAwm IDiswlVUonAmd I911a6t2 It1JVA13 IRogersMJefwnMabR Dw�JbgerceRepMrgMwewH05I I 'I Y I' I I I I g I"�.
I I L I dl I I 16I.fOr I4 bmz ILev uzsel E X J W I -
JP Iqd SywW.p re I a9 I N J91 ._iIW coaA IaRa wvmp ,wr q I I Y I5.' I
Is NIP I'. I.A TP,-RJI Rdlu<ta .I si I N�t01T I,a„1DJ3 wvMaJvrUSaJI '. S%RI W%: - 31TOV0 ,09015 2B90r5 2tl9,015
I dff U]J I.antra 15 P I
1.;;2CI° 1 =°° L ✓an,--I rzo1, I �JJ
'I-
2D AjtPB.RgmPr•w'c ::Np a 1Vrash II-Of#... 1.033 c ad JgU :.�U a:RmSJartal t+RJu,- ,,.�x _.. N=: '„ .•: ,.: .:; ..� ..� .....: >„ „
m L�_>..<1>��= .�a �z ,::1 >.�9 1, .y �-.I��.�, ,. �I�x;: �, .,�Irae��wn� ''°� ,,;i. �.�, xL w�..: .��1 , '.�„� I.�:,_ I�, . L_ z I •::� ...I a�` -- '� I >< � I� a. I,> I.. �. 4�. <i' ,;. : I
p I 1" ^�-r"" ✓,.lv°ter.... I> I``x °�". 1RraaAeMwrve e,� L
1 -151ro u PFie RaNR ;1 rc 1 p 1.. 1..fYRf63 1 nn 1 ..1 c,vu Carr bWrucpcn : I.
C, I rI-uta qw CUA � .;.Iere. 1 :,f 2 Jrm1. vpvm Ib Ne�PJ w�ta ,I 4 naRww Jy m. - * 1 • 1 I`� l I - I ,`. l �. I• •�h� l
1Ui wLJR<opls •n r YL lRlr ?tJ-✓.IXN 21ZY1011 �`✓C alNl de wVsuaJ mnrta4 renlin AOWW N Op UUU n > _
ta> I nor„ I 1 a GJm Tur0ee
Pa2vt11 p
I ]1lEmpbY VC9b IAamnCove IN1I1m2 I63020J4 IP rwNdCoati IAgerc Wrttlm ewsl lawnI I I Y IS I I I I IE I' I I I5
I 321Emobrte CavzPERS 1AerNAC- 1-12 mis 1--C lemdwee wsnJaERS I IS 1 I 1 IS
I 33IEmpbyea CaAs-wmro—m IAamn Cgzlz I21-2 I6t30rz034 I" —Cyan age kareclempo wslzw wr S 8
Ire I I I Y I I I I I I I I I I I I IE
Co4wrsuarce workers AWnnCOLs 12 6r3N 334 Permrel cosh AgercYdre4em
1: 1w
34 Em�mmpbtxeBgn I 11rz9 I I Iwm I�mpbm workers I I 1 Y Is
I61Jpr 15 IRSG omv tax Rewn�m Serviva I t1P I f IS. S .. t
am
J]IOliw Cor sl Swol es/Misc. IAEmIn Casb NtrzOt] I6/3prz0]4 (Various IPdmonzlralrveswdwaaM costs I �I Y IS 1-1 I I 10 IE 1p1 10�1 I..S.
b Amuil Amnam Reomim Feea 10R6/N14 026/M19 Larce SOU Luxeero IReourm amwawwm urvwes 1 I ta34001 rJ S 06m1 1 1 I 4 1 Ib 30D 1 1 43001 I.5
I I I ]001 q q yp
39IRop MDapoRwnRan IRgP MD M I i N 3 Its,�9 4 D9daww I d, ny r I E I I I I g I I I I g
I -1UIN11A TT15RvrrJ Ralerla t II P erRllM esU eluU,IU]SLOt? I3/tY'O15 IWJLU hA+aw I IN1R a<n:t{TeseY rU Wiup^I I - I N I I -. I _ I _.. I. ,.. I I I I I I
I41 20t1ATPeSRwrlq%ena W-12 a'1 p memlldresVudu —on radpY5b11 I c1 IP IWmz 10 I I I l I I I _ I I I' I I• I I I I' I I I I I �'.
II ,, I°` � �,W4a 1 'I � I /10,1 INN, „ -.ID�'naNN I� fH�a �' xrAa�•Ry;m I- I. :': "_I N I . I I'>. IT ° , ;I I . ' , I ' I > I . I` I.. . a. _I I I
tT ese cttw Ro MalNemrce 111Qm2 1-014 San F3errermm Pm br Repe Tax an Slueswr _IP ngw �`^% I ceM I I I Ber I ts A9 R I I I I' I I I I I I' I I I I I I6 �I
"" AB1'ro pas54iv rpf pa'wRs U3hp3s &; 2)3frz0-0 n6iKn:WnLgMnrng1AaMwrtJR srBxbug `
�-r ':' I K,1 sR�f.li 77-
^I 'X, 1e ev o' ICE ma oRn �rrroc6l I; r:.
E Ayfkn�q� ]II/_•0,4 WJ91gJ4 I
'�' I n1 � A I I I I�� ,�;114ram�k[MF Ugr w414UW0 S •1 I 1 Y I ; I 1 1 I 1 I . 1 1 I . 1 I , . I �
a I • BIk W om 1 a pW l � II 19,5. I Z„•9 IT' I" 0 42-,9; aW 8 IPJa41`I , °I. I ",- I " I ' I, b I � ,I' I I . I ,, I : ;. I I ` 1 =I
5 EETEAp ,51rt R vo,.-IgERa,�AT .� I4�N1,tt, ' I4�6J.,u,6 ...ILkhJF. ,.=IRw WIW SERAF ':.I ;_ •I .'4aam6i N I ;. SOm9I �• I. ,I I `-1� I I I. , I . .I, "°°°BI �� ""°�I
'--' fill aeNaat an Plants IRopeM Dnposuore I111/1015 I12/J la IRSG smuxaswr evenrcv womNP1AP-sale vfl N IS .. I I I Ig -_ I I I IvS --I
O I S3IAaneksUaeve Eaperees IAEnin Casts 1711.11 I6DDQ91. 1-- awo1°e am cvslaena urv�ee I M-I N IS •.25D.Dan I I I 121.-1s 12a,000I I I I tYa,000I.'S �125,OCGI
541
1551
I 5e1 1 I 13 _ I IE I I r I
611 1 r I 1 1 NN
IS -1 I 1 I I IE 1 IS 1
I I I I 1 N IS -I 1 r 1 I IS.. •I r I I .. ...
G7
y Grand Terrace Recognized Obligation Payment Schedule(ROPS 17-18)-Report of Cash Balances
(Report Amounts in Whole Dollars)
O
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 onlv to the extent no other fundine source is.available
C or when oavment from DroDertv tax revenues is reouired by an enforceable oblieation. For tips on how to complete the Report of Cash Balances Form,see Cash Balance Tips Sheet.
~1 O
A B I C I D I E I F I G I H I
z
O I Fund Sources
N I Bond Proceeds Reserve,Balance Other RPTTF "
O
Prior ROPS Prior ROPS
o period balancesRPTTF
Bonds issued on and DDR RPTTF distributed as Rent, Non-Admin
or before Bonds issued on balances reserve for future grants, and
Cash Balance Information by ROPS Period 12/31/10 or after 01/01/11 retained period(s) interest,etc. Admin Comments
ROPS 15-16B Actuals(01/01/16-06/30/16)
1 Beginning Available Cash Balance(Actual 01101/16) \
19,639,913 15,032 91,974
ro 2 Revenue/Income(Actual 06130/16)
y RPTTF amounts should tie to the ROPS 15-16B distribution from the
COn County Auditor-Controller during January 2016
`^ 35,184 975,280
Om 3 Expenditures for ROPS 15-16B Enforceable Obligations(Actual
rn 06/30/16)
953.966
4 Retention of Available Cash Balance(Actual 06130/16)
RPTTF amount retained should only include the amounts distributed as
reserve for future period(s)
5 ROPS 15.16E RPTTF Balances Remaining
No entry"�egwred
6 Ending Actual Available Cash.Balance
CtoG=(1+2'3-4),H=(1+2-3-4'-5). .
z
19,639,913''$ $ _ $ 50;216' $ 113,288
a
X
0
N
O_
V
Y Grand Terrace Recognized Obligation Payment Schedule(ROPS 17-18)-Notes July 1,2017 through June 30,2018
Item# Notes/Comments
4 (Slightly higher than prior requests due to increase in LAIF rate.
DOF approved property sales on the LRPMP—appraisals will be required for the sales,as well as to determine a value for the ATE's for properties requiring a
Z 8 compensation agreement.
O I 18 Use of the DOF approved bond proceeds amount of$289,015 as approved by the Department of Finance in their letter dated November 18,2016.
16,31,32,
33,34,and
0 37 These multiple line items for administrative costs are being retired and consolidated onto one new line,Item No.43.
Agreement between the Agency and City compensating the City of Grand Terrace for its performance under related Regulatory
Agreement and Ground Lease for Low and Moderate Senior Housing. Obligation is for$300,000 maximum per year—actual amounts will depend upon total annual
30 receipts.
I I .
I I
I I
I I
I I
I I
I I
ro I I
I I .
ran I I -
o
.�, I I
I
I I •
I I
I I
I
I I
I
I
I .
I
I
I
I
I
I
z I
a
0
N
O
J