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2015-05 RESOLUTION NO. 2015-05 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 JANUARY 1, 2016 TO JUNE 30, 2016 (ROPS 15-16B) 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 xl 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, 2016 to June 30, 2016 (BOPS 15-16B), in accordance with AB 1484 to be.submitted by October 1,2015; and WHEREAS, on September 8, 2015, the ROPS for the period January 1, 2016.to.June 30, 2016 (ROPS 15-16B)was reviewed and approved by the City as Successor Agency; and NOW THEREFORE, THE CITY OF GRAND TERRACE AS SUCCESSOR AGENCY TO THE 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. SECTION 2. The City as Successor Agency finds that all obligations listed on the ROPS for the period January 1, 2016 to June 30, 2016 (ROPS 15-16B) are true and correct and, %- accordingly, are hereby considered enforceable obligations. S.A.RESOLUTION NO. 2015-05 PAGE 1 OF 8 SEPTEMBER 8, 2015 SECTION 3. Pursuant to HSC Section 34177, the ROPS for the period January 1, 2016 to June 30, 2016 (ROPS 15-16B), incorporated herein as Attachment A, ("ROPS 15-1613") 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 15-16B, 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 15-16B to the California Department of Finance, State Controller's Office, San Bernardino County Auditor-Controller, and any other agency by the October 1, 2015 submittal 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 8th day of September, 2015 by the following vote: AYES: Agency Members Mitchell, Hussey,Vice-Chair Robles, Chair McNaboe NOES: Agency Member Wilson ABSENT: None ABSTAIN: None arcyANa d�yor ATTEST: Pat ez- are City J S.A. RESOLUTION NO. 2015-05 PAGE 2 OF 8 SEPTEMBER 8, 2015 Recognized Obligation Payment Schedule (ROPS 15-1613) -Summary Filed for the January 1,2016 through June 30,2016 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): $` 93,794 B Bond Proceeds Funding(ROPS Detail) C Reserve Balance Funding (ROPS Detail) 93,794. D Other Funding(ROPS Detail) - E Enforceable Obligations Funded with RPTTF Funding(F+G): $- 1,249,446 F Non-Administrative Costs(ROPS Detail) 1,124,446 G Administrative Costs(ROPS Detail) 125,000 H Total Current Period Enforceable Obligations(A+E): $. 1-,343,240 Successor Agency Self-Reported Prior Period Adjustment to Current Period RPTTF Requested Funding I Enforceable Obligations funded with RPTTF(E): 1,249,446 % Less Prior Period Adjustment(Report of Prior Period Adjustments Column S) - Adjusted Current Period RPTTF Requested Funding(W) $. 1;249,446 County Auditor Controller Reported Prior Period Adjustment to Current Period RPTTF Requested Funding { L Enforceable Obligations funded with RPTTF(E): 1,249,446 M Less Prior Period Adjustment(Report of Prior Period Adjustments Column AA) N Adjusted Current Period RPTTF Requested Funding(L-M) 1;249,446 Certification of Oversight Board Chairman: / YP AfrGN M J G,I C-Q r r Pursuant to Section 34177(m)of the Health and Safety code, I 1 hereby certify that the above is a true and accurate Recognized Title Obligation Payment Schedule for the above named agency. elOX is, � r Si natur Date i S.A. RESOLUTION NO. 2015-05 PAGE 4 OF 8 SEPTEMBER 8, 2015 Attachment A Recognized Obligation Payment Schedule (ROPS) For the Period January 1, 2016 to June 30, 2016 (ROPS 15-16B) \1 S.A. RESOLUTION NO. 2015-05 PAGE 3 OF 8 SEPTEMBER 8, 2015 Grand Terrace Recognized Obligation Payment Schedule(ROPS 15-16B)-ROPS Detail January 1,2016 through June 30,2016 (Report Amounts in Whole Dollars) A B C D E F G H I J K L M N O P Funding Source Non-Redevelopment Property Tax Trust Fund (Non-RPTTF) RPTTF ContractlAgreement ContractlAgreement Total OutstandingItem IF Project Name/Debt Obligation Obligation Type Execution Date Termination Date Payee Descriotion/Proiect Scope Proiect Area Debt or Obligation Refired I Bond Proceeds I Reserve Balancel Other Funds I Non-Admin I Admin Six-Month Total -F I I 1 1 1 1 1 • I,a -I I a_ -I e_ 93,7q4 I,S -I S 1.124.446 I S - 125.000 1$ 1.343.2401 112011 A Tax Allocation Bond (Bonds Issued After 11/12011 19/12033 IUS Bank ]Bond Principle and Interest on RDA (Grand Terrace I I N I I I- I- 403.9231 1 $ 403.9231 ,Y IZU71 B I ax Allocation Bond (Bonds Issued After 11/12011 19/1/2026 IUS Bank (Bond Principle and Interest on RDA (Grand Terrace I I N I I I I 174.7551 1 $ 174.7551 12/31/10 Rnnde. 31Tmstee Fees IFees 11/12011 19112033 ]US Bank ITmstee Fees (Grand Terrare I I N 1 I I 1 1.2501 1 $ � 1.2501 4lZion Loan. On/Countye Loans I71M006 19/12020 (Zion First National Bank (Private Refunding of CRA Debt ` 1Gmnd Terrace 1 I N 1.. 1 1 L. 1 I$ 5 Rea Miscellaneous 1282012 1/282021 SB Valle Muni Water Rea merit Incorrect debt service Grand Terrace N I 234,652 $ 234,652 P Yment of Debt Service I I I I Y Idistribbv-SBCATC I I I I I I I I I . 7 ConsulUng;Services Protssional 7/132010 , t/372073 Chamher of Commerce (Business Development Services IGmnd Terzace r I N I I I I$. - ` l i Services „:. ^ . 1i 81Professional Services IProfesslonal I2112012 1613O2034 Professional Appraisers Property Appraisal Services Grand Terrace I N I I I$ Services 9 Professional Services Fogerty ro a 41122011 61302016 Cel 11masca a Weed abatement for Agency owned Grand Terrace N 10,000 $ 10.000 Maint ance I Im gY g Landscape/Riverside (property 8 water Highland Water _ _ I 10IProfessional Services (SProfessional IZ112012 16/302034 (Urban Futures is'E.C.Rule 15c2-12 Compliance (Grand Terrace I I N 1 I 1,2501 1 $ 1,250 erV a Renntra ant-Rn.d' [� 12 Agency Owned Property Property 2112012: 6/302034 Various'contractors,: Property Mamtenanve.and Insurance.-Grand Terrace N $ - C71J I (Maintenance 1 I IApencvProoertv 1 1 ;: .1 ___� 1 �.:. 'I. I 1 . I-h - 1312011ATABS Debt Service Reserve RReserves _ 11112011 19/12033 ]US Bank IDSR-Bond Covenant Ren_uirement (Grand TorrarP I I N_ _I 1 1 I I _ 1 $ _ 1412011B TABS Debt Service Reserve(Reserves �1/12011 19112026 US Bank IDSR-Bond Covenant Re uirement Grand Terrace I I N I --1 1-- - -I h$ - iSlProfessionalServices-RDAwind Dissolution Audits 19/112012 11312013 Rogers Anderson Malady Due Diligence Reportng/Review HBS Grand Terrace I—N $_ down 34179.5 I 17 2011A TABS Bond Projects min Costs 11 0112 01 1 I6I302034 (Jones 8 Mayer Legal Counsel under H8S 34177.3 b Grand Terrace I I N I I 1 I I 12.0001 $ 12.000 Isofessional 13/132012 13l13/2015 ,IWehb BAssoc Michigan Street Improvements'design Grand Terrace I$ - 1 SA Legal consulting A I" ervices - and ROW ace " "718I201tR TABS Bond Pro'cts"" IPr�ofesdonal� 1/12011 > „" 9/,12033 t ContradorsrStff 3outhwe tproted area Infrastructure Grand Terrace, ` "N, I$ - . .e , , maces 1 I _ 1 •,.x`, ^' ` s[u"dvantl des qn 19 2011AJABS Bond Projects .Improvemenulnfrastrl i/12017 9/12033 Contradors1St iff� Southwest protect area infrastructure Grand Terrace N $ - .. ?.I Iucture,�" I.z. I IconsVucUon.- ^I 2011A"TAB$Bond Pro cis "�," Ira rovement/Infrastr 1/12011". "' 9/1l2033" Contractors/Staff' ? ",BartoeRoad mfrastrudure^ Grand Terrace eN "b" $ 1 �:`.. )e .Iucalre 1 1 ^ 1 I. tl, " T :'_I.i - imorovement 211201 1A TABS Bond Projects ImproverrentAnf—tr 1/12011 . 91112 33 'ontractors/Stff Michigan Street Improvements: Grand Terrace , - N $ �• ,�ucfixe I tlw� r 1 .lconstruction .. ^. - I .I q':"+`22 2011A TABS Bontl Projects r"ImprovemenVlnfresV 1/12017 + I!9/1/2033 �1 Contraclors7staff,," ,tea UmonlPedficBarton Road bridge Grand Terrace - ". ". p.. ., c lucbjre I COgstrUCUgrI 1' I n ' :232011Az TABS Bond Projects. i ImprovemenNntrastr 1/12011-' - j 9/12033 Contract—Istff. 'Storm drexl8 street rehab Ven - Grand Terrace N t. : $ - :, n I ..::"-. .L r ."� P a M ,eBe.""Buren Pmo,an TTMafn (. .. " , av r',~/¢ "„" ,;a^n.' "" "`"""'r'1 Nh u t" / r r" _ l+ " ""�I'•"" 1I •'1l$:f24 20ATABSBond P MVuonbe`sttillizafio n Grand"Terace.t;IImo �"ueturer •25 2011A TABS Bond Projects ICod.11 tff Vista Grande Park consMre coon Grand Terrace ;Nlucure 2Stateragreement $ ' ' - Brothers OPA Business Incenfive 2222011 2222021 Stater Brothers Market Pa ment on artici ation a reement Grand Terrace N 93,794 264,956 $ 358,759 (Agreements I I I I Y P P 9 I I I I I I I I I 4 30IReiWual Receipt (Miscellaneous I2242009 I224/2033 (City of Grand Terrace Affordableousing payment (Grand Terrace I ,l N $ 31(Employee Cos t -13 Admin Cost 2l12012 6/302034 Personnel Costs Agency direct employee cost-salaries Grand Terrace I I N I I I 61,2901 $ 61;290 LT 321 Employee Cost-PERS (Admin Cost 12/12012 16/302034 (Personnel Cost lAgency direct employee cost-PERS lGrandremace I I N 1 I I I 1 18,3871 $ 18.387 V 331Employee Cost-other benefit (Admin Cost I2/12012 161302034 Personnel Cost Agency direct employee cost-other Grand Terrace I N 1 1 1 I I 12,2581'$ •12,25. benefit J;36 EmployeeCost-insurance, Admin Cost 2112012 61302034 Personnel Cost Agency direct employee cost- Grand Terrace N 3,065 $ 3,065 (workers'compensation I I I Isu once(unemployment,workers' 1Consultinp Services (Admin Cost 7/10074 I6/302015 RSG (properly TazReporting Services 1Grand Terrace I I N I I I I I 10,0001 $-, 10,000 101fice Costl$upplies/Misr. Admin Cost 2/117n19 6/302034 Verlgus Administrative supplies and cost Grand Terrace �N 1 I I I I 1$1Annual Audit and Reoorting Admin Costs 8260074 8262019 Lance,Soll,Lunphard Repulred annual audifing services Grand Terrace I—N I 1 I I B.0001 $ 8,000 — Grand Terrace Recognized Obligation Payment Schedule(ROPS 15-16B)-ROPS Detail January 1,2016 through June 30,2016 (Report Amounts in Whole Dollars) _-A B. C - - D - E f F I - G I H '+ I r J K ..L M N O �3 P Funding Source Non-Redevelopment Property Tax Trust Fund (Non-RPTTF) RPTTF ContractlAgreement ContracVAgreement Total Outstanding Item# Project Name/Debt Obligation Obligation Type Execution Date Termination Date Payee Description/Project Scope Project Area Debt or Obligation Retired Bond Proceeds Reserve Balance Other Funds Non-Admin Admin Six-Month Total 39 Property Dis osition Plan Property 8/122013 8/122034 Contractor Pre oration of roe die osition Grand Terrace N $ -1 p rtY p (Dispositions I I I Iplanforhousingassets p I I I 2011A)TASSIBond'Pro Ic nfratr l322 a�reet iPbmhpaose mets:design .+V, ilYdad MWc _4 I I32 I &Ac IndTR Grand Terrace N $ - 41I2011ATABS Bond Projects Imp oevemenVlnfrastr I3/132012 I31132020 IContractors/Staff ItGrand err ce Project CIP(items 18 Grand Terrace I N I $ uctur44 Pro a Management Pro a 121312 IRSG 016 Implementation of the LRPMP-sale I Grand Tenace I I N I 33,660 $ 33,6601 . . Ilmp ementa8on Plan IDisoos dons Il/l2015 I Iof successor agency prooerty I _ 45IDtmo6tio>iTfsingle-familyilweliing IRemediafibn - I7/72014 I6/3020T4 �ContraGor Demoli4on of single famiry dweYingon Grarid'TeRace N 21992 DeBem:Strref I 47 Taxes on Successor Agency Property 1IM012 � 6/302014 San Bernardino Auditor Property Tax on Successor Agency Grand Tenace N I I I I I$ IProperty IMaintenance I I IContreller Property 2/3120lSC�oAeBge Daz tr ct lAddllonl l:d 12909r.,I u10 `_d 9'C.-ININ6i"IMIMIM1 no N $ Granddertace ty f Admin Nlobty for foi•,Ihe successor N $ 630 03a Housin AUBfod o - Housm Enti 7/72014 I 2 49 Hpusn Successor Admin ( 9 IAllowa�e perAB 471 IAdmxi Cost ty I I ISuccesaor Agency of Dousing entity for$750 000 w 1 k of 5i SERAF Losn LMIHF`slab�8'sod lie IRemeGation I7/12015 12/312015 Contractor �' Reserved conw1ete slab�8 sod�Ae;eti Grand Tenace N $ -� 50Removalof concretWe1 p MYY��IiI1WYurrWadi� -Reserves ISERAF/ERAF I4262011 I4262016 IL'MINr IR_ payment of lban,tor SERAFr IGrandTerrace I I N I I I I I I$• 1 OP 521 I t I I I I I I N I 531 I 1 I I I I I I N I I I I I I S I 541 I I I I I I I I N I I I I I :$ -� I 551 I I I I I I I I N I I I I I I$ - 561 I I I I I I I I N I I 1 I I :S -1 571 1 I I I I I I N I I I I I 1$ - 581 I I I I 1 I I N I I 1 I I$ -� 591 I I I I I I I I N I I I I I$ -I 601 I I I I I I I I N I I I I 1$ -I 611 N I I I I I$ -I 621 I I I I I I I I NI$ -I 631 I I I I I I I I N I I I I I I S -� 1 641 I I I I I I I I N I 651 I I I I I I I I N I I I I I I$ _I 1 661 I I I I I I 'I I N I I I I I$ 1 671 I 1 I I 1 I 1 N I I I I I I$ _I 1 681 I I I I I r I I N I I I I I I S 1 691 I I I I I I I I N I I I I I$ -1 I 761 I I I I I I I I N I 711 I I I I I I I I N I I I I I$ - W 721 I I I I I I I I N 1 I I I I$ - .11 731 I I I I I I I I N I I I I I S - 4 741 I I I I 1 I I I N I I I I I 1$ . rA1 751 I I I I I I I I N I I I I I I$ 761 I I I I I I 1 N I I I I I I S 771 I I I I I I I I N I I 1 I I$ 781 I I I I I I I I N I I I I I 1$ �f' 791 I I I I I I I I N I I I I I $ Y eol I I I I I I I I N I I I I I$ 811 I I I I I I I I N I I I I I S 821 I I I I I I I I N 4' 831 I I I I I I I I N gal 851 I I I I I I I N I 1 I I I S 861 I I I I I I I ' n I I I I 1 S y Grand Terrace Recognized Obligation Payment Schedule(ROPS 15-16B)-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 only to the extent no other funding source is available or when payment from property tax revenues is required by an enforceable obligation. For tips on how to complete the Report of Cash Balances Form,see Cash Balance Tios Sheet O I A B I C I D I E I F I G I H I z Z4 I Fund Sources No I Bond Proceeds Reserve Balance Other RPTTF Y, Prior ROPS Prior ROPS o period balances RPTTF 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 IROPS 14-15B Actuals(01/01/15-06130/16) 1 (Beginning Available Cash Balance(Actual 01101/16) I I 19,639,913 I 1,401,6631 I I 60,013 2 IRevenuellncome(Actual 06/30/15) RPTTF amounts should tie to the ROPS 14-15B distribution from the County Auditor-Controller during January 2015 ^c1 17,392 y 3 Expenditures for ROPS 14-1513 Enforceable Obligations(Actual 06130/15) RPTTF amounts,H3 plus H4 should equal total reported actual 0 expenditures in the Report of PPA,Columns L and Q 1,367,261 7 00 4 (Retention of Available Cash Balance(Actual 06130/15) RPTTF amount retained should only include the amounts distributed as reserve for future period(s) 5 IROPS 14-15B RPTTF Prior Period Adjustment RPTTF amount should tie to the self-reported ROPS 14-15B PPA in the No entry required Report of PPA,Column S 6 1 Ending Actual Available Cash Balance C to G=(1+2-3-4),•H=(1+2-3-4-5) $ $ �19,639,913 $ 34,402 1 $ $ 17,392 $ 60,013 IROPS 15-16A Estimate(07101116-12/31/15) 7 Beginning Available Cash Balance(Actual 07101/15)' (C;D.E,G=4+6,F=H4+F4+Ffi,and H=5+6) , I $ I $ 19,639,913 I $ 34,402 I $ -I $ 17,392 I $ 60,013 8 1 Revenue/income(Estimate 12131115) rn RPTTF amounts should tie to the ROPS 15-16A distribution from the ro County Auditor-Controller during June 2015 1,447,785 9 Ex enditures for ROPS 16-16A Enforceable (Obligations Estimate 1231/15) g I I I I I I 1,465,798I M 10 Retention of Available Cash Balance(Estimate 12131115) (RPTTF amount retained should only include the amounts distributed as 0O reserve for future period(s) 11 (Ending Estimated Available Cash Balance(7+8-9-10) I $. �„ - $ 19,639,913 1 $' ' 34,402 $ - $ 17,392 1 $ 42,000 Tmm epeOt GrantS W5Reco6nixe1,Ml5flon Payment W,MIS)(RODS iS1E9)- Hwft of Prior PeriodAEj(HSC)e Reported brthe POPS 14158(January 1,](115 though June3 ,dale PoAOE Purauant to Mea6h ant Safety CoOa(HSC)section 361t18(a) (Rn.mtl Amru Vint b NRwle Oollarel I coo ROP914168 Sw.e>wr pqe I ROP5141680pC PPp:TOMcarrykLLV try lte CAC upmf w6mNalo(X,a ROP515-tSO ty Ve SAbFMaxeeetl rcyl6A1 Sd1�eportW Pri"PeIIOEAEIusmend lPPpl�n'nentb HSC Seounaa1B61a1.SAearerepdreEt°repo2VedinerercesEeMeenlMvepualareiNtle lu�Iq eM NekaWel evp°M°ueatuVe ROP914158(JarwryaPa,�Juc 2015)peru6 TM amdntq IIeGL.Note WlCPGe will reetl to otlerN°4°.m ldrteJaee,li'e Ore AankM pursiaNb Ve rm,Ver vlrM1W O ReEe.eb{mNRgeMTm Tnal Fdi6(RVfTF)appwW br OOR(PS 1S16ti(Jaga,,egh—MI6)peno° WWeetbylhat—wff� °ne°RCP5-IWlriorM—lq�rsUmn°HSCt—or-B6(a)aKo avt Ne pdx perb°a�Wrterte aelf+ewnW D/SA{are x,getlbeWa cakieab,M PPA AIso rrob pol lloAWmarrwlb Uo ndn2tl to to ldW xltlo°ne aem level antl mry ae C l�redw ew°d-md,mer mAn,W , tl a tl x o P ° R a . ,eaUa°amownv w . y ap Ae A I a l a i p ( a I F a l x l l I I I I I I I I I I I I OI Hea-e.o.a°la- I RPT1F EiPaMlarn � I RPTTF FipdWRure{ � a,a°�rs sea I mmuc Ilpm�md P. ••Ya bn MIn. xdu.., .YI Itl RI inconm.n. Anf.eY" I MW oa,.r.io "Ae.eeaY" � °'dolgxbn no MW MW 6 Mw I Aunorin° pVvtd M.eY Mw nm1 e + avv161 Mu1 mol Mul nm on uceme.re. Iid .ISM .I I °I�"� I -I I -I I I I I I' I I`' -I I I I I I`• "I I I I I I ! I I "q, s Iml_AIAI. I -A IIIIIIATA�.e I I S. -I a—I "I r J MI "141LA"°°°°°"I NI a.