2012-14 RESOLUTION NO. OB 2012-14
A RESOLUTION OF THE OVERSIGHT BOARD OF SUCCESSOR
AGENCY THE COMMUNITY REDEVELOPMENT AGENCY OF THE
CITY OF GRAND TERRACE ADOPTING AMENDED RECOGNIZED.
OBLIGATION PAYMENT SCHEDULE
WHEREAS, the Oversight Board for Successor Agency to Grand Terrace
Community Redevelopment Agency ("Oversight Board" as applicable) has met and has
duly considered a draft recognized obligation payment schedule for the period July 1,
2012 through December 31, 2012 in the form submitted by the Successor Agency (the
"Draft ROPS"); and
WHEREAS, prior to its meeting on April 18, 2012,.the members of the Oversight
Board have been provided with copies of the Draft ROPS and instruments referenced in
the Draft ROPS; and
WHEREAS, the Oversight Board has reviewed the Draft ROPS and those
instruments referenced in the, Draft ROPS and adopted Resolution OB 2012-08
approving a Recognized Obligation Payment Schedule (ROPS) on April 18, 2012;.and
WHEREAS, the changes to the adopted ROPS for the period July 1, 2012 to
December 31, 2012, are now needed due to new clarifications and interpretations of
ABX1 26, changes in estimated expenditures, and review and response from the
Department of Finance; and
WHEREAS, the Oversight Board desires to express and memorialize its approval
of the Amended ROPS as the Amended Recognized Obligation Payment Schedule duly
approved by the Oversight Board, an Amended Recognized Obligation Payment
Schedule in the form attached hereto, which consists of the Amended ROPS with
additions or deletions made by and approved by the Oversight Board;
NOW THEREFORE, BE IT RESOLVED by"the Oversight Board, as follows:
SECTION 1. The Oversight Board finds and determines that the foregoing
recitals are true and correct.
SECTION 2. The Oversight Board approves as the Amended Recognized
Obligation Payment Schedule for the period July 1, 2012 through December 31, 2012
(the "ROPS") an Amended Recognized Obligation Payment Schedule in the form
attached hereto as Attachment "1," which consists of the Amended ROPS with additions
or deletions made by and approved by the Oversight Board.
t
SECTION 3. The Oversight Board approval of the Amended Recognized
Obligation Payment. Schedule for July 1, 2012 to December 31, 2012 is intended to
amend and supersede resolution OB 2012-08 adopted on April 18, 2012.
SECTION 4. The Successor Agency is authorized and directed to submit the
Amended ROPS to the California Department of Finance, and perform all other actions
necessary and required by the Health &Safety Code and other applicable-law.
SECTION 5 the Successor Agency shall maintain on file as a public record this
Resolution amending the original ROPS as approved hereby.
PASSED, APPROVED, AND ADOPTED at a special meeting of the Oversight Board of
Successor Agency to Community Redevelopment-Agency of the City of Grand Terrace,
held on this the 6th day-of June 2012 by the following vote:
AYES: Board Members Saks, Sidoti, Mitchell and Miranda; Vice-Chairman
Powers and Chairman Stanckiewitz
NOES: None
ABSENT: Board Member Vizcaino
ABSTAIN: None
Cf'iair,"Oversight Board of Successor
Agency to the Community Redevelopment
Agency of the City of Grand Terrace
Q f1�Ct A ("f ��
Secretary, bersibht Board
ATTACHMENT "1"
Amended Recognized Obligations Payment Schedule (ROPS) —June 6, 2012
For the Period July 1, 2012 to December 31, 2012
(Supersedes Resolution OB 2012-08, April 18, 2012)
�1
r
CITY OF GRAND TERRACE AS SUCCESSOR AGENCY TO
COMMUNITY REDEVELOPMENT AGENCY OF
GRAND TERRACE
SUMMARY OF ROPS OBLIGATIONS- FOR PERIOD JULY 1, 2012 TO DECEMBER 31, 2012
AMENDED JUNE 6, 2012
Total Due
Total Total Due During ROPS
Outstanding During Fiscal Period ***
Debt or Year 7/1/12 to Funding
Project Area Obligation 2012-2013** 12/31/12 Source
Description
I 1 I I I 1
Bond-Debt Service I Grand Terrace Proi Area 40,561,914 1 4,996,6641 3,696,6641 RPTTF
Bond Debt Service(from Trustee Reserves) Grand Terrace Proj Areal 4,357,8001 (1,300,000)I (1,300,000)l RPTTF
k Loan Payments
(Private ate Refinancing COP Debt) I Grand Terrace Proj Areal 2,421,0521 254,8481 254,8481 RPTTF
Other Obligations I Grand Terrace Proj Areal 6,856,0081 1,259,424 1 1,012,9891 RPTTF
On-going contracts 1 Grand Terrace Proj Areal 443,200 1 50,415 1 45,275 1 RPTTF 1
Consulting Services/Professional.Svcs. 1 Grand Terrace Proj Areal 495,0001 185,0001 130,0001 RPTTF
Property Purchase I Grand Terrace Proj Areal -Bond Project Expenditures I Grand Terrace Proi.Areal 13,510,568 1 1,008,6951 580,0001 BP
Administrative Costs I Grand Terrace Proj Areal 13,765,000 1 .594,075 1 250,0001 RPTTF
Administrative.Costs I Grand Terrace Proj Areal 1 I 47,0461 Other �.
Pass-Through Payments-Overlapping Agencies I - TBD I TBD I TBD I RPTTF l
I . TOTAL RECAP I ' 82,410,5421 7,049,121 1 4,716,822 1
i" TOTAL BY FUNDING SOURCE I I I I I
Redevelopment Property Tax Trust Fund I 1 50,777;174 1 6,746,351 1 5,139,7761 RPTTF
Low and Moderate Inc Housing Fund I 1 0 1 - 0 1 0 1 LMIHF I
Bonds-Bond Proceeds I 1 17868,3681 (291305)I (720,000)I BP
Administrative Costs=Allowance I I - 5:500,000 1 250:000 1 250,0001 RPTTF .
Administrative Costs-Other 1 1 8,265,0001 344,0751 47,046 1 Other
TOTAL BY FUNDING SOURCO 82,410,642 1 7,049,121 1 4,716,8221 1
AMENDED RECOGNIZED OBLIGATION PAYMENT SCHEDULE-.CONSOLIDATED
FILED FOR THE JULY 1.2012 to DECEMBER 31.2012 PERIOD
AMENDED June 6,2012
Name of Successor Agency. CITY OF GRAND TERRACE AS SUCCESSOR AGENCY TO
COMMUNITY REDEVELOPMENT AGENCY OF GRAND TERRACE-RR34
Current
Total Outstanding Total.Due
Debt or Obligation I During Fiscal Year
Outstanding Debt or Obligation (Excludes Pass-Throuqh Debt) I $ 82,4110,542.00.1 $ 7,049,121.00
Total Due for Six
Month Period
Outstanding Debt or Obligation(Excludes Pass-Through Debt) $ 41716,822.00
Available Revenues other than anticipated funding from RPTTF $ 627,046.00_
Enforceable Obligations paid with RPTTF $ 3,839,776.00
Administrative Cost paid with RPTTF $ 250,000.00
Pass-through Payments paid with RPTTF $ -
Administrative Allowance(greater of 5%of anticipated Funding from RPTTF or 250,000.Note:Calculation should not include pass-through payments made with RPTTF. The RPTTF Administrative Cost
figure above should not exceed this Administrative Cost Allowance $ 250.000.00
Certification of Oversight Board Chairman:
Pursuant to Section 34177(1)of the Health and Safety code,
I hereby certify that the above is a true and accurate Recognized .Name Title
Enforceable Payment Schedule for the above named agency.
Signature Date
Name of Redevelopment Agency: COMMUNITY REDEVELOPMENT AGENCY OF GRAND TERRACE-RR34 FORM A-Redevelopment Property Tax Trust Fund(RPTTF)
.Project Area(s) RDA Project Area All GRAND TERRACE PROJECT AREA
AMENDED RECOGNIZED OBLIGATION PAYMENT SCHEDULE Amended June 6,2012
Per AB 26-Section 34177(•) -
Total Due
Total Outstanding During Fiscal •••
Debt or Year Funding
Project Area Obligation 2012-2013•• Source Payable from the Redevelopment Property Tax Trust Fund(RPTTF) '
Contract/Agreement - - Payments by month
Jul I Aug I Sep I Oct I Nov I c I Total Project Name!Debt Obligation Execution Date Payee - Description 2012 2012 2012 2012 20120
2004 Tax Allocation Bonds I 2004 IUS Bank (Debt Service on 2004 CRA Tax Alloc Bonds I Grand Terrace Proi Area 1 1,966.188 1 1,966.18B I RPTTF 1 -1 666,188 1 -I -I -I -I$ 666,188
2011 A Tax Allocation Bond I 2011 IUS Bank (Debt Service on 2011 CRA Tax Alloc Bonds I Grand Terrace Proi Area 1 28,985.500 1 1,099,195 1 RPTTF 1 -1 680,898 1 -1 -1 -1 418,298 1$ 1.099,196
2011 B Tax Allocation Bond 1 2011 IUS Bank IDebt Service on 2011 CRA Tax Alloc Bonds I Grand Terrace Pro!Area 1 9,610,296 1 631,280 1 RPTTF 1 -1 429,545 1 -1 -1 -1 201,735 1$ 631,280
Trustee Fees 1 200412011 Indenture IUS Bank (Trustee Services for 2004&2011 TABS I Grand Terrace Proi Area 1 266.530 1 12,115 1 RPTTF 1 -1 12,115 1 -1 -1 -1 1$ 12.115
Zion Loan I 2009 [Zion First National Bank (Private Refunding of CRA Debt I Grand Terrace Proi Area 1 2,421,0521 254.848 1 RPTTF 1 -1 127.424 1 -1 -1 -1 127,424 1$ 254,848
SERAF Transfer I 2010 (Housing Fund (Repayment of loan for SERAF I Grand Terrace Proi Area 1 448,636 1 448,636 1 RPTTF I -I -I -'I -I -I 448,636 1$ 448,636
Repayment of Debt Service I 9/1 312 01 1' ISB Valley Muni Water (Repay incorr debt service distribSB ATC I Grand Terrace Proi Area 1 2,062.472 1 232,8B8 I RPTTF I -I -I -I -I -I 232.888 1$ 232,888
Agency Attorney 1 9/27/2011 (Jones and Mayer ISuccessor Agency Legal consulting I Grand Terrace Proi Area 1 60,000 1 60.000 1 RPTTF 1 5,000 1 5,000 1 5,000 1 5.000 1 5,000 1 5,000 1 S 30,000
Stater Brothers OPA 1 212212011 IStater Brothers Markets IPayment on participation agreement I Grand Terrace Proi Area 1 1,207,500 1 241,500 1 RPTTF I -I -I -I -I -I -I$ -
Residual Receipts 1 2/2412009 - (City of Grand Terrace (Affordable housing payment agreement I Grand Terrace Proi Area 1 3,000,000 1 300,000 1 RPTTF I -I -I -I -I -1 300,000 1$ 300.000
Consulting Services I On-going _IRSG (Annual reporting requirementsladministration I Grand Terrace Proi Area 1 25.000 1 25,000 1 RPTTF 1 .-1 2.500 1 2,500 1 5,000 1 5,000 1 10,000 1$ 25,000
Consulting Services I On-going [City News Group (Advertising/Noticing I Grand Terrace Pro!Area 1 10.000 1 10.000 1 RPTTF 1 -1 2.313 1 2.313 1 2,313[ 2,313 1 2.313 1 S 11.565
Consulting Services I Purchase Order ISmothers Appraisers, IProperty,Appralsals, I Grand Terrace Proi Area 1 13,400 1 13,400 1 RPTTF I -I -1 9.000 1 -I -1 4,400.1$ 13,400
Consullinq Services 1 4/1212011 [ACE Weed Abatement (Weed abatement for Apencv property I Grand Terrace Proi Area 1 100,000 1 20,000 1 RPTTF I -I -I -I -1 10,000 1 10.000 1$ 20,000
Consulting Services - 1 7/13/2010 CChamber of Commerce IBusiness development services I Grand Terrace Proi Area 1 20.600 1 10,300 1 RPTTF 1 860 1 860 1 860 1 860 1 860 1 860 1.$ 5,160
Consulting Services 1 2004/2011 Indenture(Urban Futures IContinuinq Disclosure Reporting-bond issued Grand Terrace Proi Area 1 84,000 1 7,000 1 RPTTF I -I -I -1 3,500 1 -1 1$ 3,500
Agency Owned Property I Various (Various contractors (Property Maintenance and Insurance I Grand Terrace Proi Area 1 30,000 1 6,000 1 RPTTF I Soo 1 500 1 500 1 500 1 500 1 500 1$ 3,000
Annual Audit and Reporting I . On-going IRogers Anderson Melody(Required annual auditing services. I Grand Terrace Prol Area 1 - 70,000[. 15,000 1 RPTTF 1 - -1. 7,500 1 -I" --I .-1 _ -1$ 7,500 _
Professional Services I On-goinq (contractors IProf Svcs-Agenw Dissolution-Oversight I Grand Terrace Proi Area 1 200,000 1. 50,000 1 RPTTF I. -1 10.000 1 10.000 1 10,000 1 10.000 1 10,000 1$ 50,000 1
Professional Services I On-going ISpecial Counsel IOversiphl Board Legal Consulting I Grand Terrace Proi Area 1 140,000 1 35,000 1 RPTTF 1 2,916 1 2,916 1 2,917 1 2,917 1 2,917 1 2,917 1 S 17,500 1
Professional Services 12/23/10&ongoing IHDL (Property tax allocation reconciliation I Grand Terrace Proi Area I 56,000 1 8,000 1 RPTTF I -I -I -1 1 2,500 1 5.500 1 S 8.000 1
2004 Tax Alloc Bonds(From FORM B) IDebt Service on 2004 CRA Tax Alloc Bonds(to be paid from Bond Reserve) I Grand Terrace Pro!Area 1 1,300,000 1 1,300.0001 RPTTF I 1 1 1,300,0001 1 1 1$ 1.300,000 1
2004 TABS Reserve(From FORM B) 1 2004 IN1A (Bond Reserve Requirement I Grand Terrace Proi Area I 1,300,000 1 -1,300,0001 RPTTF I 1 1 -1,300.0001 1 1 1 S (1,300,000)1
2011A TABS Reserve(From FORM B)1 2011 INIA (Bond Reserve Requirement I Grand Terrace Proi Area 1 1,280,894 1 01 RPTTF I I I I I 1 1$ -1
2011B TABS Reserve(From FORM B)1 2011 1N1A (Bond Reserve Requirement I Grand Terrace Proi Area 1 476.906 1 01 RPTTF I 1 I I - I I 1$ -1
I I I I I I I I I I I I I 1$
I I I I I I I I I I I I I is
I I I I I I I I I I I I I [$
I I I I I I I I I I I 1 1$
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$
• I• I I I• I I I I I I I I I I
Totals-This Page(RPTTF Funding) $ 65,134,974 1$ 5,446,351 1 NIA 1$ 9,276 1$1,947,759-I S 33,090 1$ 30,090 1$ 39,090 1$1,780,471 1$ 3,839,776
Totals-Page 2(Other Funding) $ 13.510,568 IS 1,008,695 1 WA 1$ 80,000 1$ 80,000 1$ 80,000 13130,000 1$105,000 1$ 105,000 1$ 580,000
Totals-Page 3(Administrative Cost Allowance) $' 13,765,000 1$ 594,075 1 N/A 1$ 49,508 1$" 49,508 1$ 49,508 1$ 49,508 IS 49,508 1$ 49,506 1$ 297.046
Totals-Page 4(Pass Thru Payments) $ -1$ -I N/A 1$ -1$ -1$ - -I$ -I$ -1$ -1$ -
I I I I I I I I I
Grand total Ail Pages IS 82,410,542 1$ 7,049,121 WA $138.784 1$2,077.267 IS 162,598 1$209,598 1$193,598 1$1,934,977 1$ 4,716,822
The Preliminary Draft Recognized Obligation Payment Schedule(ROPS)is to be completed by 3/1/2012 by the successor agency,and subsequently be approved by the oversight board before the final ROPS is submitted to the State Controller and State Depart
All totals due during fiscal year and payment amounts are projected.
-Funding sources from the successor agency:(For fiscal 2011-12 only,references to RPTTF could also mean tax increment allocated to the Agency prior to February 1,2012.)
RPTTF-Redevelopment Property Tax Trust Fund Bonds-Bond proceeds Other-reserves,rents,interest eamings,etc
LMIHF-Low and Moderate Income Housing Fund Admin-Successor Agency Administrative Allowance
Name of Redevelopment Agency: COMMUNITY REDEVELOPMENT AGENCY OF GRAND TERRACE-RR34 - FORM B-All Revenue Sources Other Than Redevelopment Properly Tax Trust Fund(RPTTF)
Project Areas) RDA Project Area Ali-GRAND TERRACE PROJECT AREA
AMENDED RECOGNIZED OBLIGATION PAYMENT SCHEDULE Amended June 6,2012
Per AS 26-Section 34177(•)
Total Total Due Payable from Other Revenue Sources
Contract/A reement 9 Outstandin DuringFiscal Payments by month
1 g I g I y I I I Debtor I Year iScurce
Funding Jul Aug Sep Oct Nov Dee
Pro ect Name I Debt Obli ation Execution Date Pa ee Description ProiectArea Obligation 2012-2013" "' 2012 I 2012 I 2012 I 2012 I 2012 I 2012 I Total
22.0)IGrand Terrace Proiect Area IBond indent/Tax Cart! 12011A Bond Indenture-Public Infrastructure I Grand Terrace Proi Area 1 13,510,5681 1 Bonds I I I I I I I
22.1)1 Michigan Street improvements:design and ROW acq. 1 311312012 (Webb&Assoc 12011A Bond Indenture-Public Infrastructure 1. Grand Terrace Proi Area 1 1 908,6951 Bonds 1 80,0001 800001 80,0001 80,0001 80.0001 80,0001 480.0001
22.2)1 Southwest project area: infrastructure study and design IBond indent/Tax CertlTo be named 12011A Bond Indenture-Public Infrastructure I Grand Terrace Proi Area I I I Bonds I I -I ' I I I 01
22.3)1 Southwest Project area: infrastructure construction IBond indent/Tax CertlTo be named 12011A Bond Indenture-Public Infrastructure I Grand Terrace Proi Area I I I Bonds I 1 I I I I I 01
22.0 Barton Road infrastructure improvements IBond indent/fax CertlTo be named 12011A Bond Indenture-Public Infrastructure I Grand Terrace Proi Area I 1 100,0001 Bonds I I I 1 50,0001 25.0001 25,0001 100,0001
22.5)1 Michigan Street improvements:construction IBond indent/Tax CertlTo be named 12011A Bond Indenture-Public Infrastructure I Grand Terrace Proi Area I I I Bonds 1 I I I I I I 01
22.6)1 Union Pacific/Barton Road bridge construction Mond indent/Tax CertlTo be named 12011A Bond Indenture-Public Infrastructure I Grand Terrace Proi Area I I I Bonds 1 I ' I I - I I 0
22.7)1 Strom drain&street rehab:Van Buren,Pico,and Main St. (Bond indent/Tax CertlTo be named 12011A Bond Indenture-Public Infrastructure I Grand Terrace Proi Area I I I Bonds 1 I I I I I I 0
22.8)1 Mt.Vernon slope stabilization IBond indent/Tax CertlTo be named 12011A Bond Indenture-Public Infrastructure I Grand Terrace Proi Area I I- I Bonds 1 I I I I I I 0
22.9)1 Vista Grande Park construction (Bond indent/Tax CertlTo be named 12011A Bond Indenture-Public Infrastructure I Grand TerraceProi Area I I I Bonds 1 I I I I I I 0
23.0)1 Deleted 06-06-2012 I I I I I 1 I I I I I I I I 0
23.1)1 Deleted 06-06-2012 I I I I I I I I I I I I I I 0
1 23.2)1 Deleted 06-06-2012 I I I I I I I I I I I I I I 0
1 23.3)I Moved to FORM A(RPTTF)Item 21.1-06-06-2012 I I I I I I I I I I I I I I 0
1 23.0 Moved to FORM A(RPTTF)Item 21.2-06-06-2012 I I I I I I I I I I I I I I 0
1 23.5)1 Moved to FORM A(RPTTF)Item 21.3-06-06-2012 I I I I I I I I I I I I I I 0
1 23.6)1 Moved to FORM A(RPTTF)Item 21.4-06-06-2012 I •I .I I I I I I I I I I I I 0
1 23.7)1 Deleted06-05-2012
I I I I I I I I I I I I I I I I 1i
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I I I I I I I I I I I I I I 1 I 01
I I I I I I I I I I I I I I I I of
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I I I I I I I I I I I I I I I I 01
I I I I I I I I I I I ! I I I I 01
I I I I I I I I I I I I I I I I 0
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Totals-LMIHF _ 0-I 0-I 0-I 00
Tota -Bond Proceeds 13.510,568 1,008.695I I 80,000 B0,000 80,000 130.00 -
58000
Tdtals-Other
I I I 1 I I I I I
Grand total-This Page 13,510,568 1 1,008,695 F 80,0001 80,0001 80,0001 130,000 1 105,0001 105,000 1 580,000
The Preliminary Draft Recognized Obligation Payment Schedule(ROPS)is to be completed by 31112012 by the successor agency,and subsequently be approved by the oversight board before the final ROPS is submitted to the State Controller and State Depart
••All total due during fiscal year and payment amounts are projected.
—Funding sources from the successor agency:(For fiscal 2011-12 only,references to RPTTF could also mean tax increment allocated to the Agency prior to February 1,2012.)
RPTTF-Redevelopment Property Tax Trust Fund Bonds-Bond proceeds Other-reserves,rents,interest earnings,etc
LMIHF-Low and Moderate Income Housing Fund Admin-Successor Agency Administrative Allowance
Name of Redevelopment Agency: COMMUNITY REDEVELOPMENT AGENCY OF GRAND TERRACE-RR34 FORM C-Administrative Cost Allowance Paid With Redevelopment Property Tax Trust Fund(RPTTF)
Project Area(s) RDA Project Area All GRAND TERRACE PROJECT AREA
Amended RECOGNIZED OBLIGATION PAYMENT SCHEDULE
Per AB 26-Section 34177(•) Amended June 6-06-2012
Total Total Due
Outstanding During Fiscal
Debtor Year Funding
Project Area Obligation 2012-2013•• Source'• Payable from the Administrative Allowance Allocation`•••
Payments by month
Jul Aug Sep Oct Nov Dec
Project Name/Debt Obligation Payee Description 012 2012 I 2012 I 2012I 2012 I 2012I Total
1 24)1 Employee Costs (City of Grand TerracelAgency direct employee costs I Grand Terrace Proj Area 1 4,945,000 1 215,000 1 RPTTF 1 17,9171 17.9171 17,9171 17,9171 17,9171 17.915 1$ 107,500 1
1 25)IEmployee Costs (City of Grand TerracelAgency direct employee costs-PERS I Grand Terrace Proj Area 1 1,000,000 1 39.075 1 RPTTF- 1 3,266 1 3.256 1 3,256 1 3,256 1 3,256 1 3.256 1$ 19,536 1
1 26)1Office RentlCost Allocation (City of Grand TerracelG&A indirect overhead cost allocation-34% I Grand Terrace Proj Area 1 7,389,900 1 321,300 I RPTTF/Other) 26,7751 26,775 1 26,7751 26,7751 26,775 1 26,775 1$ 160,660 1
1 27)ICost Allocation-Adm O/H Liab Ins Icily of Grand TerracelG&A Admin indirect O/H Insurance 34% I Grand Terrace Proj Area 1 430,100 1 18,700 I RPTTF/Other) 1,560 1 1,560 1 1,560 1 1,560 1 1,560 1 1,560 1$ 9,360 1
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 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 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 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 I$
I I : . . I t 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 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 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 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$ -
I I I I I I I I I I I I I I I$
II 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$
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 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$
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 I I I I I I I I I I
(Totals-This Page I I I 1 13,765,0001 594,0751 1 49,50111 49,5061 49,5081 49,5081 49,5081 49,5061 297,046
The Preliminary Draft Recognized Obligation Payment Schedule(ROPS)is to be completed by 3/1/2012 by the successor agency,and subsequently be approved by the oversight board before the final ROPS is submitted to the State Controller and State
`•All total due during fiscal year and payment amounts are projected.
•••Funding sources from the successor agency: (For fiscal 2011-12 only,references to RPTTF could also mean tax Increment allocated to the Agency prior to.February 1,2012.)
RPTTF-Redevelopment Property Tax Trust Fund Bonds-Bond proceeds Other-reserves,rents,Interest earnings,etc
LMIHF-Low and Moderate Income Housing Fund Admin-Successor Agency Administrative Allowance
"-Administrative Cost Allowance caps are 5%of Form A 6-month totals In 2011-12 and 3%of Form A 6-month totals in 2012-13.
The calculation should not factor In pass through payments paid for with RPTTF In Form D.
� I I
Name of Redevelopment Agency: COMMUNITY REDEVELOPMENT AGENCY OF GRAND TERRACE-RR34 FORM D-Pass-Through Payments
Project Area(s) RDA Project Area All GRAND TERRACE PROJECT AREA
OTHER OBLIGATION PAYMENT SCHEDULE _
Per AB 26-Section 34177(•) -
Total Total Due
Outstanding During Fiscal
Debt or Year Source of
Obligation 2012-2013•• Fund••• Pass Through and Other Payments••••
Payments by month
Jul Aug Sep Oct Nov Dec
Project Name!Debt Obligation Payee Description Project Area 012 I 2012 I 2012 I 012 I 2012 I 012 I Total
I I I (Pass-through -County Administered after 1/31/2012 I I I I I I I I I I $0
128)IStalulory Pass Throuqh ICity of Grand Terrace (Pass-through -Statutory after 1/31/2012 I I I I I I I I I I I $0
129)IStatutory Pass Through ISan Bernardino Comm Coll (Colton Joint Unified School District after 1/31/2012 I I I I I I I I I I $0
30)1Negotiated Pass Throuqh (Colton Joint USD I I I I II I I I -I I I $0
31)IPass Through Administered by County (Taxing entities I 1 I I I I 1 1 1 I I I $0
I I I I I I I I I I I I I I $0
I I F I I I I I I I I I I I $0
$0
I I I I I I I I I I I I I I $0
I I I I I I I I I I I I I I $0
I I I I I I I I I I I I I I $0
$0
I I I I San Bernardino County Auditor-Controller will be administering all pass throughs after $0
January 31.2012 $0
I I I I I I I I I h I I I I $0
I I I I I I I I I I I I I I $0
I I I I I I I I I I I I I I $0
I I I I I I I I I I I I I I I $0
I I I I I I I I I I I I I I I $0
I I I I I I I I I I I I I I I $0
I I I I I I I I I I I I I I I $0
I I I I I I I I I I I I I I I $0
I I I I I I I I I I I I I I I $0
I I I I I I I I I I I I I I I $0
I I I I I I I I I I I I I I I $0
I I I I I I I I I I I I I I I $0
$0
I I I I I I I I I I I I I I I $0
I I I I I I I I I I I I I I I $0
I I I I I I I I I I I I I I I
ITotals-Other Obligations I$ I$ I I$ I$ I$ I$ I$ I$ I $0
The Preliminary Draft Recognized Obligation Payment Schedule(BOPS)Is to be completed by 3/11/2012 by the successor agency,and subsequently be approved by the oversight board before the final ROPS Is submitted to the State Controller and State
`• All total due during fiscal year and payment amounts are projected.
•••Funding sources from the successor agency: (For fiscal 2011.12 only,references to RPTTF could also mean tax Increment allocated to the Agency prior to February 1,2012.)
RPTTF-Redevelopment Property Tax Trust Fund Bonds-Bond proceeds Other-reserves,rents,Interest earnings,aid
LMIHF-Low and Moderate Income Housing Fund Admin-Successor Agency Administrative Allowance
•`•-Only the January throuqh June 2012 ROPS should Include expenditures for pass-through payments. Starting with the July through December 2012 ROPS,per HSC section 34183(a)(1),the county auditor controller will make the required pass-through paym