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09-16-2015 00, D , CITY OF GRAND TERRACE -4 OVERSIGHT BOARD FOR THE SUCCESSOR.AGENCY OF THE:GRAND TERRACE COMMUNITY REDEVELOPMENT AGENCY AGENDA • SEPTEMBER 16, 2015 Council Chambers Regular Meeting 4:00 PM Grand:Terrace Civic Center• 22795 Barton Road CALL TO ORDER Pledge of Allegiance ROLL CALL. Attendee Name-, - - - ' Present i 'Absent.. Late- Arrived Chair Darcy McNaboe 0 ❑ _ _❑ Vice Chair Chuck Morga ❑ 0 - 0 Board Member. Cindy Saks 0 • 0 0 Board Member Bobbie Forbes 0 0 0 Board Member Jose Torres 0 ❑ 0 Board Member Saba Engineer ❑ ❑ p A. CONFIRMATION OF AGENDA B. SPECIAL PRESENTATIONS - NONE C. PUBLIC COMMENT This is the opportunity for members of the public to comment on any items not appearing on the regular agenda. Because of restrictions contained in California Law, the Oversight Board may not discuss or act on any item not on the agenda, but may briefly respond to statements made: or ask a question for clarification. The Chairman may'also request a brief response from staff to questions raised during public comment or may request a matter be:agendized for a future meeting. D. APPROVAL OF MINUTES 1. Approval of Minutes _ Regular Meeting — 08/19/2015 DEPARTMENT: CITY CLERK E. UNFINISHED BUSINESS - NONE City of Grand Terrace Page 1. ntaining such proposed split was prepared and approved. Upon approval of a Compensation Agreement by all applicable Taxing Entities, Property #4 will be transferred to the City. In the meanwhile, the Agency is not required to enter into any agreement in regards to the disposition of Property #1 and #2 which will be:sold by the Agency and proceeds distributed to the appropriate taxing entities according to their historical share of property tax base revenue . FISCAL IMPACT: There is no fiscal impact associated with this status report. APPROVALS: Sandra Molina Completed 08/12/2015 1:25 PM City Attorney Completed 08/12/2015 2:25 PM Finance Completed 08/12/2015 3:28 PM Community Development Completed 08/12/2015 6:21 PM City Manager Completed 08/13/2015 11:39 AM Oversight Board Pending 08/19/2015 4:00 PM Packet Pg.7 n mnmm Repayment el OW - - • ' - - _ i. _ - - . servo _ - ',_ - -(. _ - _ - - '-- Monsnoto 'esaB Sm 'asao +._sB 'zoo '2.zw _ _. ...„.___...1 Prn 4 16,e00 loa0o i 5000 240 42e0 e,T6o _- _ -- - d 2o„ u • m Rm m 3ambe•ROAvdnt v . aovm ,e sA LeOa wmuNnp - 3 • 3 • 12.000 a.250 3 - ` J 11 2011A TP13313. - - - 3 • $ - 3 - ' - le 201101.TOM P. y vronm 22 2011A TABS 6>n4 _ - 3 _ 3 3 - - _ - Proems roem - ' ,- -- - - - - _ Projaa, Ns emd _ 3 - 3 - 3 _ - _- ., _ • _ a • mlena T.seem 3 3 - y - - - - - _ _... " P'n mm , - - - _ yI Payment Remo. 1A1B4,065PRy5 3 - 5 ..• 2e 3mNrer.3an _ 120250 - - 3 - 3 OPP 33 Ra,dml1aarpn - . - - y s 3 00 04004.Cowls 52004 021BT 32s =4am - - - 3 3 3.1e3PEP - - -_ - 3 - Bow 153T 3 • _ 1{ -(1 bm, Ppe.mr - 3 3 BBB i 9 �uum m - - - - 3 - 3 - 2 500 306F 3 _ _ -. 04nbaw ion - - - - > - > 3 • 30 P.p.), ; pun 40 201,ATPBSRow - - - - . - f• _ 3 Prm. m s Bona - - - - 3 3 '. 3, - .. - - ....__...- M! 41 2rpeT 6 , Propel 42 SEN. - - - 3 • 3 - 3" - - -, - - . NmP_gemm 1 43 q.e4mlR.n.a• 3. y 3 .. - 44 Pmp.Ay i s Nmatem nt , 4mam.m.me P. .. ._. ._ . :, „_..- -_..,.- `-'-- -iJ I1.Pm..1 6.1+I 12/31/2015 Contractor Removal of concrete slab 8 soil pile at Grand Terrace N 25,000 $ 25,0( APN 0275-242-10 -�' •_ 51 SERAF Loan LMIHF-Reserve SERAF/ERAF 4/26/2011 4/26/2016 LMIHF Repayment of loan for SERAF- Grand Terrace N 448,636 S' 448,61'- Reserve v 52 N 5 54 N '5 1 54 - . 55 N $ E . 56 N $ , c 57 N S 58 N $ 59 N 5' 60 N - .5 61 N $ 62 N $ 63 N $ 64 N $ . 65 N $ • .66 N 5 - 67 N 5 -68 N .5 69 N S . PacketPg.15-J Agenda Oversight Board September 16, 2015 F. NEW BUSINESS 2. Successor Agency's Recognized Obligation Payment Schedule (ROPS) 15-16B in the Amount of$1,343,240 RECOMMENDATION: 1. Adopt the Successor Agency's Recognized Obligation Payment Schedule (ROPS) 15-16B in the amount of$1,343,240. 2. ADOPT RESOLUTION NO. 2015-XX, A RESOLUTION OF THE OVERSIGHT BOARD FOR. THE SUCESSOR AGENCY TO COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF GRAND TERRACE 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. DEPARTMENT: FINANCE G. PUBLIC HEARINGS - NONE H. BOARD MEMBER REPORTS ADJOURN The Next Regular Oversight Board: Meeting will be held on Wednesday, October 7, 2015 at 4:00 PM. Agenda item requests must be submitted in writing to the City Clerk's office no later than 14 calendar days preceding the meeting. City of Grand Terrace Page 2 ay briefly respond to statements made: or ask a question for clarification. The Chairman may'also request a brief response from staff to questions raised during public comment or may request a matter be:agendized for a future meeting. D. APPROVAL OF MINUTES 1. Approval of Minutes _ Regular Meeting — 08/19/2015 DEPARTMENT: CITY CLERK E. UNFINISHED BUSINESS - NONE City of Grand Terrace Page 1. ntaining such proposed split was prepared and approved. Upon approval of a Compensation Agreement by all applicable Taxing Entities, Property #4 will be transferred to the City. In the meanwhile, the Agency is not required to enter into any agreement in regards to the disposition of Property #1 and #2 which will be:sold by the Agency and proceeds distributed to the appropriate taxing entities according to their historical share of property tax base revenue . FISCAL IMPACT: There is no fiscal impact associated with this status report. APPROVALS: Sandra Molina Completed 08/12/2015 1:25 PM City Attorney Completed 08/12/2015 2:25 PM Finance Completed 08/12/2015 3:28 PM Community Development Completed 08/12/2015 6:21 PM City Manager Completed 08/13/2015 11:39 AM Oversight Board Pending 08/19/2015 4:00 PM Packet Pg.7 n mnmm Repayment el OW - - • ' - - _ i. _ - - . servo _ - ',_ - -(. _ - _ - - '-- Monsnoto 'esaB Sm 'asao +._sB 'zoo '2.zw _ _. ...„.___...1 Prn 4 16,e00 loa0o i 5000 240 42e0 e,T6o _- _ -- - d 2o„ u • m Rm m 3ambe•ROAvdnt v . aovm ,e sA LeOa wmuNnp - 3 • 3 • 12.000 a.250 3 - ` J 11 2011A TP13313. - - - 3 • $ - 3 - ' - le 201101.TOM P. y vronm 22 2011A TABS 6>n4 _ - 3 _ 3 3 - - _ - Proems roem - ' ,- -- - - - - _ Projaa, Ns emd _ 3 - 3 - 3 _ - _- ., _ • _ a • mlena T.seem 3 3 - y - - - - - _ _... " P'n mm , - - - _ yI Payment Remo. 1A1B4,065PRy5 3 - 5 ..• 2e 3mNrer.3an _ 120250 - - 3 - 3 OPP 33 Ra,dml1aarpn - . - - y s 3 00 04004.Cowls 52004 021BT 32s =4am - - - 3 3 3.1e3PEP - - -_ - 3 - Bow 153T 3 • _ 1{ -(1 bm, Ppe.mr - 3 3 BBB i 9 �uum m - - - - 3 - 3 - 2 500 306F 3 _ _ -. 04nbaw ion - - - - > - > 3 • 30 P.p.), ; pun 40 201,ATPBSRow - - - - . - f• _ 3 Prm. m s Bona - - - - 3 3 '. 3, - .. - - ....__...- M! 41 2rpeT 6 , Propel 42 SEN. - - - 3 • 3 - 3" - - -, - - . NmP_gemm 1 43 q.e4mlR.n.a• 3. y 3 .. - 44 Pmp.Ay i s Nmatem nt , 4mam.m.me P. .. ._. ._ . :, „_..- -_..,.- `-'-- -iJ I1.Pm..1 6.1+I 12/31/2015 Contractor Removal of concrete slab 8 soil pile at Grand Terrace N 25,000 $ 25,0( APN 0275-242-10 -�' •_ 51 SERAF Loan LMIHF-Reserve SERAF/ERAF 4/26/2011 4/26/2016 LMIHF Repayment of loan for SERAF- Grand Terrace N 448,636 S' 448,61'- Reserve v 52 N 5 54 N '5 1 54 - . 55 N $ E . 56 N $ , c 57 N S 58 N $ 59 N 5' 60 N - .5 61 N $ 62 N $ 63 N $ 64 N $ . 65 N $ • .66 N 5 - 67 N 5 -68 N .5 69 N S . PacketPg.15-J A CITY OF GRAND TERRACE 4SeKVI OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY OF THE GRAND 44b. TERRACE COMMUNITY REDEVELOPMENT AGENCY MINUTES • AUGUST19, 2015 Council Chambers Regular Meeting 4:00 PM Grand Terrace Civic Center• 22795 Barton..Road CALL TO ORDER City Clerk/Secretary Jacquez-Nares called the Oversight Board meeting to order at 4:02 p.m. d Pledge of allegiance was led by City Clerk/Secretary Jacquez-Nares. 0 ROLL CALL 0 0. Attendee Name`_,Li_ Title. Status ? Arrived a ct Darcy McNaboe Chair Present Cindy Saks Board Member Present o. Chuck Morga • Board Member Present Bobbie.Forbes Board Member _ Present Jose Torres Board Member Absent N Saba Engineer J Board Member Present : Pat Jacquez-Nares. Secretary Present _ �- G. Harold Duffey City Manager Present Sandra Molina Community Development Director Present A. SELECTION OF•CHAIR City Clerk/SecretaryJacquez-Nares accepted nominations for Chair. Board Member Saks nominated Board Member McNaboe for Chair. CLOSE NOMINATIONS FOR CHAIR AND APPOINT BOARD MEMBER :MCNABOE AS CHAIR. 'c RESULT: APPROVED [UNANIMOUS] " . MOVER: Chuck Morga, Board:Member ember SECONDER: Bobbie Forbes, Board Member AYES: - . Darcy McNaboe, Cindy Saks:, Chuck Morga, Bobbie Forbes .ABSENT: Jose Torres City of Grand Terrace Page 1 Packet Pg.3 ot required to enter into any agreement in regards to the disposition of Property #1 and #2 which will be:sold by the Agency and proceeds distributed to the appropriate taxing entities according to their historical share of property tax base revenue . FISCAL IMPACT: There is no fiscal impact associated with this status report. APPROVALS: Sandra Molina Completed 08/12/2015 1:25 PM City Attorney Completed 08/12/2015 2:25 PM Finance Completed 08/12/2015 3:28 PM Community Development Completed 08/12/2015 6:21 PM City Manager Completed 08/13/2015 11:39 AM Oversight Board Pending 08/19/2015 4:00 PM Packet Pg.7 n mnmm Repayment el OW - - • ' - - _ i. _ - - . servo _ - ',_ - -(. _ - _ - - '-- Monsnoto 'esaB Sm 'asao +._sB 'zoo '2.zw _ _. ...„.___...1 Prn 4 16,e00 loa0o i 5000 240 42e0 e,T6o _- _ -- - d 2o„ u • m Rm m 3ambe•ROAvdnt v . aovm ,e sA LeOa wmuNnp - 3 • 3 • 12.000 a.250 3 - ` J 11 2011A TP13313. - - - 3 • $ - 3 - ' - le 201101.TOM P. y vronm 22 2011A TABS 6>n4 _ - 3 _ 3 3 - - _ - Proems roem - ' ,- -- - - - - _ Projaa, Ns emd _ 3 - 3 - 3 _ - _- ., _ • _ a • mlena T.seem 3 3 - y - - - - - _ _... " P'n mm , - - - _ yI Payment Remo. 1A1B4,065PRy5 3 - 5 ..• 2e 3mNrer.3an _ 120250 - - 3 - 3 OPP 33 Ra,dml1aarpn - . - - y s 3 00 04004.Cowls 52004 021BT 32s =4am - - - 3 3 3.1e3PEP - - -_ - 3 - Bow 153T 3 • _ 1{ -(1 bm, Ppe.mr - 3 3 BBB i 9 �uum m - - - - 3 - 3 - 2 500 306F 3 _ _ -. 04nbaw ion - - - - > - > 3 • 30 P.p.), ; pun 40 201,ATPBSRow - - - - . - f• _ 3 Prm. m s Bona - - - - 3 3 '. 3, - .. - - ....__...- M! 41 2rpeT 6 , Propel 42 SEN. - - - 3 • 3 - 3" - - -, - - . NmP_gemm 1 43 q.e4mlR.n.a• 3. y 3 .. - 44 Pmp.Ay i s Nmatem nt , 4mam.m.me P. .. ._. ._ . :, „_..- -_..,.- `-'-- -iJ I1.Pm..1 6.1+I 12/31/2015 Contractor Removal of concrete slab 8 soil pile at Grand Terrace N 25,000 $ 25,0( APN 0275-242-10 -�' •_ 51 SERAF Loan LMIHF-Reserve SERAF/ERAF 4/26/2011 4/26/2016 LMIHF Repayment of loan for SERAF- Grand Terrace N 448,636 S' 448,61'- Reserve v 52 N 5 54 N '5 1 54 - . 55 N $ E . 56 N $ , c 57 N S 58 N $ 59 N 5' 60 N - .5 61 N $ 62 N $ 63 N $ 64 N $ . 65 N $ • .66 N 5 - 67 N 5 -68 N .5 69 N S . PacketPg.15-J • Minutes Oversight Board August 19, 2015 B. SELECTION OF VICE CHAIR Chair McNaboe nominated Board Member Morga as Vice Chair. CLOSE NOMINATIONS FOR VICE CHAIR AND APPOINT BOARD MEMBER MORGA.AS CHAIR RESULT: APPROVED [UNANIMOUS] MOVER: Bobbie Forbes, Board Member SECONDER: Cindy Saks;.Board Member AYES: Darcy McNaboe, Cindy-Saks, ChUck Morga, Bobbie Forbes ABSENT: - Jose-Torres C. CONFIRMATION OF AGENDA 0 CONFIRMED THE AGENDA RESULT: APPROVED[U.NANIMOUS] Q. MOVER: Bobbie Forbes; Board Member SECONDER: Cindy Saks; Board Member 2 AYES:, Darcy McNaboe,, Cindy Saks, Chuck Morga, Bobbie Forbes ABSENT: Jose Torres - • o D. SPECIAL PRESENTATIONS - NONE E. PUBLIC COMMENT- NONE F. APPROVAL OF MINUTES y 1. Approval of Minutes — Regular.-Meeting - 02/1'8/2015 APPROVED THE MINUTES OF THE REGULAR MEETING OF 02/18/2015. • RESULT:. ACCEPTED [UNANIMOUS] MOVER: Chuck Morga, Board Member SECONDER: Bobbie Forbes, Board:Member f!! AYES: - Darcy McNaboe, Cindy:Saks, Chuck Morga, Bobbie Forbes ABSENT: Jose Torres G. UNFINISHED BUSINESS - NONE H. NEW BUSINESS 2. Status Report on the Long-Range Property Management Plan Community Development Director Molina presented the PowerPoint for this item. City of Grand Terrace Page 2 Pcket. ber AYES: - . Darcy McNaboe, Cindy Saks:, Chuck Morga, Bobbie Forbes .ABSENT: Jose Torres City of Grand Terrace Page 1 Packet Pg.3 ot required to enter into any agreement in regards to the disposition of Property #1 and #2 which will be:sold by the Agency and proceeds distributed to the appropriate taxing entities according to their historical share of property tax base revenue . FISCAL IMPACT: There is no fiscal impact associated with this status report. APPROVALS: Sandra Molina Completed 08/12/2015 1:25 PM City Attorney Completed 08/12/2015 2:25 PM Finance Completed 08/12/2015 3:28 PM Community Development Completed 08/12/2015 6:21 PM City Manager Completed 08/13/2015 11:39 AM Oversight Board Pending 08/19/2015 4:00 PM Packet Pg.7 n mnmm Repayment el OW - - • ' - - _ i. _ - - . servo _ - ',_ - -(. _ - _ - - '-- Monsnoto 'esaB Sm 'asao +._sB 'zoo '2.zw _ _. ...„.___...1 Prn 4 16,e00 loa0o i 5000 240 42e0 e,T6o _- _ -- - d 2o„ u • m Rm m 3ambe•ROAvdnt v . aovm ,e sA LeOa wmuNnp - 3 • 3 • 12.000 a.250 3 - ` J 11 2011A TP13313. - - - 3 • $ - 3 - ' - le 201101.TOM P. y vronm 22 2011A TABS 6>n4 _ - 3 _ 3 3 - - _ - Proems roem - ' ,- -- - - - - _ Projaa, Ns emd _ 3 - 3 - 3 _ - _- ., _ • _ a • mlena T.seem 3 3 - y - - - - - _ _... " P'n mm , - - - _ yI Payment Remo. 1A1B4,065PRy5 3 - 5 ..• 2e 3mNrer.3an _ 120250 - - 3 - 3 OPP 33 Ra,dml1aarpn - . - - y s 3 00 04004.Cowls 52004 021BT 32s =4am - - - 3 3 3.1e3PEP - - -_ - 3 - Bow 153T 3 • _ 1{ -(1 bm, Ppe.mr - 3 3 BBB i 9 �uum m - - - - 3 - 3 - 2 500 306F 3 _ _ -. 04nbaw ion - - - - > - > 3 • 30 P.p.), ; pun 40 201,ATPBSRow - - - - . - f• _ 3 Prm. m s Bona - - - - 3 3 '. 3, - .. - - ....__...- M! 41 2rpeT 6 , Propel 42 SEN. - - - 3 • 3 - 3" - - -, - - . NmP_gemm 1 43 q.e4mlR.n.a• 3. y 3 .. - 44 Pmp.Ay i s Nmatem nt , 4mam.m.me P. .. ._. ._ . :, „_..- -_..,.- `-'-- -iJ I1.Pm..1 6.1+I 12/31/2015 Contractor Removal of concrete slab 8 soil pile at Grand Terrace N 25,000 $ 25,0( APN 0275-242-10 -�' •_ 51 SERAF Loan LMIHF-Reserve SERAF/ERAF 4/26/2011 4/26/2016 LMIHF Repayment of loan for SERAF- Grand Terrace N 448,636 S' 448,61'- Reserve v 52 N 5 54 N '5 1 54 - . 55 N $ E . 56 N $ , c 57 N S 58 N $ 59 N 5' 60 N - .5 61 N $ 62 N $ 63 N $ 64 N $ . 65 N $ • .66 N 5 - 67 N 5 -68 N .5 69 N S . PacketPg.15-J Minutes Oversight Board August 19, 2015 City Manager Duffey provided an overview of the compensation agreements.' RECEIVED AND FILED THE STATUS REPORT. RESULT: APPROVED [UNANIMOUS] MOVER: Bobbie Forbes, Board Member SECONDER: Chuck Morga, Board:Member • AYES: Darcy McNaboe, Cindy Saks., Chuck Morga, Bobbie Forbes ABSENT: Jose Torres I. PUBLIC HEARINGS - NONE U J. BOARD MEMBER REPORTS - NONE. 7= ADJOURN. R o ' Chair McNaboe adjourned the meeting at 4:29 p.m. a a_ The Next Regular Oversight Board Meeting will be held on Wednesday, September 5, 2015 at 4:00 PM. 0 0 I) 0 N C) Darcy McNaboe, Chair Pat Jacquez-Nares, Secretary R _ r 7 City of Grand Terrace - Page 3 Packet Pg. 5 MOVER: Chuck Morga, Board Member SECONDER: Bobbie Forbes, Board:Member f!! AYES: - Darcy McNaboe, Cindy:Saks, Chuck Morga, Bobbie Forbes ABSENT: Jose Torres G. UNFINISHED BUSINESS - NONE H. NEW BUSINESS 2. Status Report on the Long-Range Property Management Plan Community Development Director Molina presented the PowerPoint for this item. City of Grand Terrace Page 2 Pcket. ber AYES: - . Darcy McNaboe, Cindy Saks:, Chuck Morga, Bobbie Forbes .ABSENT: Jose Torres City of Grand Terrace Page 1 Packet Pg.3 ot required to enter into any agreement in regards to the disposition of Property #1 and #2 which will be:sold by the Agency and proceeds distributed to the appropriate taxing entities according to their historical share of property tax base revenue . FISCAL IMPACT: There is no fiscal impact associated with this status report. APPROVALS: Sandra Molina Completed 08/12/2015 1:25 PM City Attorney Completed 08/12/2015 2:25 PM Finance Completed 08/12/2015 3:28 PM Community Development Completed 08/12/2015 6:21 PM City Manager Completed 08/13/2015 11:39 AM Oversight Board Pending 08/19/2015 4:00 PM Packet Pg.7 n mnmm Repayment el OW - - • ' - - _ i. _ - - . servo _ - ',_ - -(. _ - _ - - '-- Monsnoto 'esaB Sm 'asao +._sB 'zoo '2.zw _ _. ...„.___...1 Prn 4 16,e00 loa0o i 5000 240 42e0 e,T6o _- _ -- - d 2o„ u • m Rm m 3ambe•ROAvdnt v . aovm ,e sA LeOa wmuNnp - 3 • 3 • 12.000 a.250 3 - ` J 11 2011A TP13313. - - - 3 • $ - 3 - ' - le 201101.TOM P. y vronm 22 2011A TABS 6>n4 _ - 3 _ 3 3 - - _ - Proems roem - ' ,- -- - - - - _ Projaa, Ns emd _ 3 - 3 - 3 _ - _- ., _ • _ a • mlena T.seem 3 3 - y - - - - - _ _... " P'n mm , - - - _ yI Payment Remo. 1A1B4,065PRy5 3 - 5 ..• 2e 3mNrer.3an _ 120250 - - 3 - 3 OPP 33 Ra,dml1aarpn - . - - y s 3 00 04004.Cowls 52004 021BT 32s =4am - - - 3 3 3.1e3PEP - - -_ - 3 - Bow 153T 3 • _ 1{ -(1 bm, Ppe.mr - 3 3 BBB i 9 �uum m - - - - 3 - 3 - 2 500 306F 3 _ _ -. 04nbaw ion - - - - > - > 3 • 30 P.p.), ; pun 40 201,ATPBSRow - - - - . - f• _ 3 Prm. m s Bona - - - - 3 3 '. 3, - .. - - ....__...- M! 41 2rpeT 6 , Propel 42 SEN. - - - 3 • 3 - 3" - - -, - - . NmP_gemm 1 43 q.e4mlR.n.a• 3. y 3 .. - 44 Pmp.Ay i s Nmatem nt , 4mam.m.me P. .. ._. ._ . :, „_..- -_..,.- `-'-- -iJ I1.Pm..1 6.1+I 12/31/2015 Contractor Removal of concrete slab 8 soil pile at Grand Terrace N 25,000 $ 25,0( APN 0275-242-10 -�' •_ 51 SERAF Loan LMIHF-Reserve SERAF/ERAF 4/26/2011 4/26/2016 LMIHF Repayment of loan for SERAF- Grand Terrace N 448,636 S' 448,61'- Reserve v 52 N 5 54 N '5 1 54 - . 55 N $ E . 56 N $ , c 57 N S 58 N $ 59 N 5' 60 N - .5 61 N $ 62 N $ 63 N $ 64 N $ . 65 N $ • .66 N 5 - 67 N 5 -68 N .5 69 N S . PacketPg.15-J 2 ilk a_ p AGENDA REPORT MEETING DATE: September 16, 2015 Successbr Agency item J TITLE: Successor Agency's Recognized Obligation Payment Schedule (ROPS) 15-16B in the Amount of$1,343,240 PRESENTED BY: Cynthia Fortune, Finance Director RECOMMENDATION: 1. Adopt the Successor Agency's Recognized Obligation Payment Schedule (ROPS) 1:5-16B in the amount of $1,343,240. 2. ADOPT RESOLUTION NO. 2015-XX, A RESOLUTION OF THE OVERSIGHT BOARD FOR THE SUCESSOR AGENCY TO COMMUNITY REDEVELOPMENT AGENCY OF THE :CITY OF GRAND TERRACE 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. 2030 VISION STATEMENT:: This staff report supports City Council: Goal #1, "Ensuring Our.Fiscal Viability" through the continuous monitoring of revenue receipts and expenditure disbursements against approved budget appropriations.. BACKGROUND: Redevelopment dissolution and wind-down legislation (ABx1 26 and AB 1:484) requires successor agencies to submit. a Recognized Obligation Payment Schedule (ROPS) covering each six-month period, following review and approval of the ROPS by their respective Oversight Boards. The Agency has submitted 6-month ROPS requests to the California Department of Finance (DOF) since February 1, 2012. The next ROPS is due to the DOF on October 1:, 2015, and covers the reporting period January 1, 2016 — June 30, 2016. The attached ROPS is designated as "ROPS 15- 16B" which represents the report for the second half of Fiscal Year 2015-16. Following approval by the Successor Agency, ROPS 15-16B will be submitted to the Oversight Board for review and approval prior to submittal to the DOF. DISCUSSION: The primary purpose of each ROPS is to identify enforceable obligations to be paid from former property tax increment receipts; which are held by the County Auditor-Controller Packet'Pg. 6 Attorney Completed 08/12/2015 2:25 PM Finance Completed 08/12/2015 3:28 PM Community Development Completed 08/12/2015 6:21 PM City Manager Completed 08/13/2015 11:39 AM Oversight Board Pending 08/19/2015 4:00 PM Packet Pg.7 n mnmm Repayment el OW - - • ' - - _ i. _ - - . servo _ - ',_ - -(. _ - _ - - '-- Monsnoto 'esaB Sm 'asao +._sB 'zoo '2.zw _ _. ...„.___...1 Prn 4 16,e00 loa0o i 5000 240 42e0 e,T6o _- _ -- - d 2o„ u • m Rm m 3ambe•ROAvdnt v . aovm ,e sA LeOa wmuNnp - 3 • 3 • 12.000 a.250 3 - ` J 11 2011A TP13313. - - - 3 • $ - 3 - ' - le 201101.TOM P. y vronm 22 2011A TABS 6>n4 _ - 3 _ 3 3 - - _ - Proems roem - ' ,- -- - - - - _ Projaa, Ns emd _ 3 - 3 - 3 _ - _- ., _ • _ a • mlena T.seem 3 3 - y - - - - - _ _... " P'n mm , - - - _ yI Payment Remo. 1A1B4,065PRy5 3 - 5 ..• 2e 3mNrer.3an _ 120250 - - 3 - 3 OPP 33 Ra,dml1aarpn - . - - y s 3 00 04004.Cowls 52004 021BT 32s =4am - - - 3 3 3.1e3PEP - - -_ - 3 - Bow 153T 3 • _ 1{ -(1 bm, Ppe.mr - 3 3 BBB i 9 �uum m - - - - 3 - 3 - 2 500 306F 3 _ _ -. 04nbaw ion - - - - > - > 3 • 30 P.p.), ; pun 40 201,ATPBSRow - - - - . - f• _ 3 Prm. m s Bona - - - - 3 3 '. 3, - .. - - ....__...- M! 41 2rpeT 6 , Propel 42 SEN. - - - 3 • 3 - 3" - - -, - - . NmP_gemm 1 43 q.e4mlR.n.a• 3. y 3 .. - 44 Pmp.Ay i s Nmatem nt , 4mam.m.me P. .. ._. ._ . :, „_..- -_..,.- `-'-- -iJ I1.Pm..1 6.1+I 12/31/2015 Contractor Removal of concrete slab 8 soil pile at Grand Terrace N 25,000 $ 25,0( APN 0275-242-10 -�' •_ 51 SERAF Loan LMIHF-Reserve SERAF/ERAF 4/26/2011 4/26/2016 LMIHF Repayment of loan for SERAF- Grand Terrace N 448,636 S' 448,61'- Reserve v 52 N 5 54 N '5 1 54 - . 55 N $ E . 56 N $ , c 57 N S 58 N $ 59 N 5' 60 N - .5 61 N $ 62 N $ 63 N $ 64 N $ . 65 N $ • .66 N 5 - 67 N 5 -68 N .5 69 N S . PacketPg.15-J in the Redevelopment. Property Tax Trust Fund (RPTTF). Since the dissolution of redevelopment agencies, property tax increment is distributed twice a year(January and June) subject to available funds and an approved ROPS. Any line items reported on 'the ROPS that are denied by the DOF will not receive property tax distribution. Beginning with ROPS 3, each ROPS also includes a "true-up" process, through which actual expenditures are reported versus prior year ROPS estimates. '(For example, ROPS 3 included a "true-up" of ROPS 1, so ROPS 15-16B'-will include a "true-up" of ROPS 14-15B.) Through this "true-up" process,. if ROPS actual expenditures are less than the approved RODS estimates from the prior year(funded through the RPTTF), the unspent amount is. deducted from the next RPTTF distribution. Beginning, however, with ROPS 13-14B, if ROPS' actual expenditures are greater than the approved ROPS estimates from the prior year, the overspent amount is not added to the next RPTTF distribution. As shown on the ROPS 15-16B summary, Enforceable Obligations of $1,343,240 are reported for this six-month period as follows: Description Amount Administrative Allowance $125,000 Non-administrative RPTTF: • Bond Principal, Interest, Trustee Fees& Bond 581,178 compliance report requirements , • San Bernardino Valley Municipal Water District 234,652 (SBCMWD) Debt Service Agreement Payment • Stater Brothers Economic Development 358,750 Agreement • RSG services for the implementation of the Long 33,660 Range Property Management Plan (LRPMP) _ • Weed abatement services for agency-owned 10,000 property TOTAL $1,343,240_ FISCAL IMPACT: Of the total amount of $1,343,240, estimated funding of $1,249,446 (administrative allowance and non-administrative RPTTF) will be available from the RPTTF to pay for Enforceable Obligations reported on ROPS 15-16A. Existing agency reserves, as a s result of excess prior ROPS distributions and interest earned in the Successor Agency �" Fund totaling $93,794, will be used to fund a portion of the Agency's enforceable �S obligations. �—"� toi,usop Estimated Reserves, December 31, 2015: ,„ 244. . Description Amount �(�U��"+�_ Bond Proceeds(including bond covenant requirement) $19,639;913 -Interest Earned (maybe used for future ROPS obligations) 17,392 Excess amounts from prior RPTTF ROPS distributions that .76.402 may be used for future ROPS obligations TOTAL $19,733,707 Pa_cke_ t Pg:.7 Sm 'asao +._sB 'zoo '2.zw _ _. ...„.___...1 Prn 4 16,e00 loa0o i 5000 240 42e0 e,T6o _- _ -- - d 2o„ u • m Rm m 3ambe•ROAvdnt v . aovm ,e sA LeOa wmuNnp - 3 • 3 • 12.000 a.250 3 - ` J 11 2011A TP13313. - - - 3 • $ - 3 - ' - le 201101.TOM P. y vronm 22 2011A TABS 6>n4 _ - 3 _ 3 3 - - _ - Proems roem - ' ,- -- - - - - _ Projaa, Ns emd _ 3 - 3 - 3 _ - _- ., _ • _ a • mlena T.seem 3 3 - y - - - - - _ _... " P'n mm , - - - _ yI Payment Remo. 1A1B4,065PRy5 3 - 5 ..• 2e 3mNrer.3an _ 120250 - - 3 - 3 OPP 33 Ra,dml1aarpn - . - - y s 3 00 04004.Cowls 52004 021BT 32s =4am - - - 3 3 3.1e3PEP - - -_ - 3 - Bow 153T 3 • _ 1{ -(1 bm, Ppe.mr - 3 3 BBB i 9 �uum m - - - - 3 - 3 - 2 500 306F 3 _ _ -. 04nbaw ion - - - - > - > 3 • 30 P.p.), ; pun 40 201,ATPBSRow - - - - . - f• _ 3 Prm. m s Bona - - - - 3 3 '. 3, - .. - - ....__...- M! 41 2rpeT 6 , Propel 42 SEN. - - - 3 • 3 - 3" - - -, - - . NmP_gemm 1 43 q.e4mlR.n.a• 3. y 3 .. - 44 Pmp.Ay i s Nmatem nt , 4mam.m.me P. .. ._. ._ . :, „_..- -_..,.- `-'-- -iJ I1.Pm..1 6.1+I 12/31/2015 Contractor Removal of concrete slab 8 soil pile at Grand Terrace N 25,000 $ 25,0( APN 0275-242-10 -�' •_ 51 SERAF Loan LMIHF-Reserve SERAF/ERAF 4/26/2011 4/26/2016 LMIHF Repayment of loan for SERAF- Grand Terrace N 448,636 S' 448,61'- Reserve v 52 N 5 54 N '5 1 54 - . 55 N $ E . 56 N $ , c 57 N S 58 N $ 59 N 5' 60 N - .5 61 N $ 62 N $ 63 N $ 64 N $ . 65 N $ • .66 N 5 - 67 N 5 -68 N .5 69 N S . PacketPg.15-J ;atm ATTACHMENTS: • Resolution Approving ROPS 15-16B (DOC) • Grand Terrace_ROPS_15-16B (PDF) APPROVALS: Cynthia Fortune Completed 09/09/2015 10:16 AM Finance Completed 09/09/2015 10:16 AM City Attorney Completed 09/10/2015 9:55 AM City Manager Pending Oversight Board Pending 09/16/2015 400 PM #40,10311 r to Execute a Purchase and Sale Agreement Consistent with the Terms outlined above, and such additional Terms as may be required. 7 $80,000 6 3 ified value of property at$350,000 I> Contingency ©Buyer enters escrow to purchase Dr. Luke's property and Dr. Luke obtains buildable pad 4 2 (RPTTF) funding. 6 4 `�_ti ,, 1 2-.a:- RESOLUTION NO. 2015- w A RESOLUTION OF THE OVERSIGHT BOARD FOR THE SU.CESSOR AGENCY TO:COMMUNITY REDEVELOPMENT AGENCY OF THE CITY a OF: GRAND TERRACE APPROVING A RECOGNIZED OBLIGATIONre PAYMENT SCHEDULE COVERING THE PERIOD JANUARY 1, 2016 TO JUNE 30, 2016 (ROPS 15-16B) AS REQUIRED BY HEALTH AND SAFETY CODE SECTION 34177 s 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 c to serve as the Successor Agency to the Grand Terrace Community Redevelopment Agency("Successor Agency") pursuant to HSC Section 34176; and .72 WHEREAS, a Recognized Obligation Payment Schedule (ROPS) is defined in HS.0 Section 34171(h) as the minimum payment amounts and the due dates of payments required by enforceable obligations fora six-month period; and c 0 WHEREAS, the ROPS identifies the payment source of enforceable obligations cc as payable from the Redevelopment Property Tax Trust Fund .(RPTTF) and payable from Other Sources of the Successor Agency; and - - a WHEREAS, the California Department of Finance.has required a submittal of the ROPS covering the period January 1, 2016 to June 30, 201.6 (ROPS 15-16B), in accordance with AB 1484 to be submitted.by October 1, 2015; and U) WHEREAS, on September 8, 2015, the ROPS for the period January 1, 2016 to 0 June 30,. 2016 (BOPS 15-16B) was reviewed and approved by the City as Successor Agency; and w WHEREAS, the: Oversight Board for the Successor Agency to the Community r Redevelopment Agency of the City of Grand Terrace ("Oversight Board") has met and a duly considered a Recognized Obligation Payment Schedule for the period January 1, re 2016 to June 30, 2016 (ROPS 15-16B). NOW THEREFORE, THE OVERSIGHT BOARD DOES RESOLVE, e0. - DETERMINE, FIND AND ORDER AS FOLLOWS: 0. 0 SECTION 1. The Oversight Board finds that the above recitations are true and correct and, accordingly, are incorporated as a material part of this Resolution. 0 a) re SECTION 2. The Oversight Board 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. r Packet Pg._9-- Pa_cke_ t Pg:.7 Sm 'asao +._sB 'zoo '2.zw _ _. ...„.___...1 Prn 4 16,e00 loa0o i 5000 240 42e0 e,T6o _- _ -- - d 2o„ u • m Rm m 3ambe•ROAvdnt v . aovm ,e sA LeOa wmuNnp - 3 • 3 • 12.000 a.250 3 - ` J 11 2011A TP13313. - - - 3 • $ - 3 - ' - le 201101.TOM P. y vronm 22 2011A TABS 6>n4 _ - 3 _ 3 3 - - _ - Proems roem - ' ,- -- - - - - _ Projaa, Ns emd _ 3 - 3 - 3 _ - _- ., _ • _ a • mlena T.seem 3 3 - y - - - - - _ _... " P'n mm , - - - _ yI Payment Remo. 1A1B4,065PRy5 3 - 5 ..• 2e 3mNrer.3an _ 120250 - - 3 - 3 OPP 33 Ra,dml1aarpn - . - - y s 3 00 04004.Cowls 52004 021BT 32s =4am - - - 3 3 3.1e3PEP - - -_ - 3 - Bow 153T 3 • _ 1{ -(1 bm, Ppe.mr - 3 3 BBB i 9 �uum m - - - - 3 - 3 - 2 500 306F 3 _ _ -. 04nbaw ion - - - - > - > 3 • 30 P.p.), ; pun 40 201,ATPBSRow - - - - . - f• _ 3 Prm. m s Bona - - - - 3 3 '. 3, - .. - - ....__...- M! 41 2rpeT 6 , Propel 42 SEN. - - - 3 • 3 - 3" - - -, - - . NmP_gemm 1 43 q.e4mlR.n.a• 3. y 3 .. - 44 Pmp.Ay i s Nmatem nt , 4mam.m.me P. .. ._. ._ . :, „_..- -_..,.- `-'-- -iJ I1.Pm..1 6.1+I 12/31/2015 Contractor Removal of concrete slab 8 soil pile at Grand Terrace N 25,000 $ 25,0( APN 0275-242-10 -�' •_ 51 SERAF Loan LMIHF-Reserve SERAF/ERAF 4/26/2011 4/26/2016 LMIHF Repayment of loan for SERAF- Grand Terrace N 448,636 S' 448,61'- Reserve v 52 N 5 54 N '5 1 54 - . 55 N $ E . 56 N $ , c 57 N S 58 N $ 59 N 5' 60 N - .5 61 N $ 62 N $ 63 N $ 64 N $ . 65 N $ • .66 N 5 - 67 N 5 -68 N .5 69 N S . PacketPg.15-J " m SECTION 3. Pursuant to HSC Section 34177, the ROPS for the period January 1, 2016 to June 30, 2016, incorporated herein as Attachment A, ("ROPS 15-16B") is hereby approved and:adopted in substantially the same form as shown in Attachment A 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. (.0 - 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 as 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 ' o forth by the California Department of Finance, the San Bernardino County Auditor- d Controller, or any other applicable agency. 0 SECTION..6. The Oversight.Board Secretary shall certify to the adoption of this cc Resolution. U a) PASSED APPROVED AND ADOPTED this 16th day of September, 2015 by the following vote: N N AYES: NOES: ti ABSENT: Co ABSTAIN: N a O ) Darcy McNaboe,- Oversight Board-Chair 2 c. ATTEST: I Pat Jacques-Nares, Oversight Board Secretary Packet Pg. 10' re 2016 to June 30, 2016 (ROPS 15-16B). NOW THEREFORE, THE OVERSIGHT BOARD DOES RESOLVE, e0. - DETERMINE, FIND AND ORDER AS FOLLOWS: 0. 0 SECTION 1. The Oversight Board finds that the above recitations are true and correct and, accordingly, are incorporated as a material part of this Resolution. 0 a) re SECTION 2. The Oversight Board 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. r Packet Pg._9-- Pa_cke_ t Pg:.7 Sm 'asao +._sB 'zoo '2.zw _ _. ...„.___...1 Prn 4 16,e00 loa0o i 5000 240 42e0 e,T6o _- _ -- - d 2o„ u • m Rm m 3ambe•ROAvdnt v . aovm ,e sA LeOa wmuNnp - 3 • 3 • 12.000 a.250 3 - ` J 11 2011A TP13313. - - - 3 • $ - 3 - ' - le 201101.TOM P. y vronm 22 2011A TABS 6>n4 _ - 3 _ 3 3 - - _ - Proems roem - ' ,- -- - - - - _ Projaa, Ns emd _ 3 - 3 - 3 _ - _- ., _ • _ a • mlena T.seem 3 3 - y - - - - - _ _... " P'n mm , - - - _ yI Payment Remo. 1A1B4,065PRy5 3 - 5 ..• 2e 3mNrer.3an _ 120250 - - 3 - 3 OPP 33 Ra,dml1aarpn - . - - y s 3 00 04004.Cowls 52004 021BT 32s =4am - - - 3 3 3.1e3PEP - - -_ - 3 - Bow 153T 3 • _ 1{ -(1 bm, Ppe.mr - 3 3 BBB i 9 �uum m - - - - 3 - 3 - 2 500 306F 3 _ _ -. 04nbaw ion - - - - > - > 3 • 30 P.p.), ; pun 40 201,ATPBSRow - - - - . - f• _ 3 Prm. m s Bona - - - - 3 3 '. 3, - .. - - ....__...- M! 41 2rpeT 6 , Propel 42 SEN. - - - 3 • 3 - 3" - - -, - - . NmP_gemm 1 43 q.e4mlR.n.a• 3. y 3 .. - 44 Pmp.Ay i s Nmatem nt , 4mam.m.me P. .. ._. ._ . :, „_..- -_..,.- `-'-- -iJ I1.Pm..1 6.1+I 12/31/2015 Contractor Removal of concrete slab 8 soil pile at Grand Terrace N 25,000 $ 25,0( APN 0275-242-10 -�' •_ 51 SERAF Loan LMIHF-Reserve SERAF/ERAF 4/26/2011 4/26/2016 LMIHF Repayment of loan for SERAF- Grand Terrace N 448,636 S' 448,61'- Reserve v 52 N 5 54 N '5 1 54 - . 55 N $ E . 56 N $ , c 57 N S 58 N $ 59 N 5' 60 N - .5 61 N $ 62 N $ 63 N $ 64 N $ . 65 N $ • .66 N 5 - 67 N 5 -68 N .5 69 N S . PacketPg.15-J 2.a co 11) ,T vl a O re m d C1 co Attachment A co • O Recognized Obligation Payment Schedule (ROPS) 0 For the Period January 1, 2016 to June 30, 2016 a) I- 0 (ROPS 15-16B) ti co a O as 0 L 0 0 cc m R Packet Pg. 11 -•2.b-- . Recognized Obligation Payment Schedule(ROPS 15-16B):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' J :Less Prior Period Adjustment(Report of'Prior Period Adjustments Column S) ( .' - j: K Adjusted Current Period RPTTF Requested Funding(I-J) • $. :1,249,446 County Auditor Controller Reported Prior Period-Adjustment to Current Period RPTTF Requested Funding' iL .-EnforceableObligations funded`withRPTF(E) . 1,249,446 I M • Less Prior Period Adjustment-(Report of_Pnor Period Adjustments.Column AA) : `, . - _N Adjusted Current Period RPTTF Requested`Funding: i(L-M) _— ' ,t, 1 249 446'1 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 Packet Pg.12-'' - DETERMINE, FIND AND ORDER AS FOLLOWS: 0. 0 SECTION 1. The Oversight Board finds that the above recitations are true and correct and, accordingly, are incorporated as a material part of this Resolution. 0 a) re SECTION 2. The Oversight Board 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. r Packet Pg._9-- Pa_cke_ t Pg:.7 Sm 'asao +._sB 'zoo '2.zw _ _. ...„.___...1 Prn 4 16,e00 loa0o i 5000 240 42e0 e,T6o _- _ -- - d 2o„ u • m Rm m 3ambe•ROAvdnt v . aovm ,e sA LeOa wmuNnp - 3 • 3 • 12.000 a.250 3 - ` J 11 2011A TP13313. - - - 3 • $ - 3 - ' - le 201101.TOM P. y vronm 22 2011A TABS 6>n4 _ - 3 _ 3 3 - - _ - Proems roem - ' ,- -- - - - - _ Projaa, Ns emd _ 3 - 3 - 3 _ - _- ., _ • _ a • mlena T.seem 3 3 - y - - - - - _ _... " P'n mm , - - - _ yI Payment Remo. 1A1B4,065PRy5 3 - 5 ..• 2e 3mNrer.3an _ 120250 - - 3 - 3 OPP 33 Ra,dml1aarpn - . - - y s 3 00 04004.Cowls 52004 021BT 32s =4am - - - 3 3 3.1e3PEP - - -_ - 3 - Bow 153T 3 • _ 1{ -(1 bm, Ppe.mr - 3 3 BBB i 9 �uum m - - - - 3 - 3 - 2 500 306F 3 _ _ -. 04nbaw ion - - - - > - > 3 • 30 P.p.), ; pun 40 201,ATPBSRow - - - - . - f• _ 3 Prm. m s Bona - - - - 3 3 '. 3, - .. - - ....__...- M! 41 2rpeT 6 , Propel 42 SEN. - - - 3 • 3 - 3" - - -, - - . NmP_gemm 1 43 q.e4mlR.n.a• 3. y 3 .. - 44 Pmp.Ay i s Nmatem nt , 4mam.m.me P. .. ._. ._ . :, „_..- -_..,.- `-'-- -iJ I1.Pm..1 6.1+I 12/31/2015 Contractor Removal of concrete slab 8 soil pile at Grand Terrace N 25,000 $ 25,0( APN 0275-242-10 -�' •_ 51 SERAF Loan LMIHF-Reserve SERAF/ERAF 4/26/2011 4/26/2016 LMIHF Repayment of loan for SERAF- Grand Terrace N 448,636 S' 448,61'- Reserve v 52 N 5 54 N '5 1 54 - . 55 N $ E . 56 N $ , c 57 N S 58 N $ 59 N 5' 60 N - .5 61 N $ 62 N $ 63 N $ 64 N $ . 65 N $ • .66 N 5 - 67 N 5 -68 N .5 69 N S . PacketPg.15-J Grand Terrace Recognized Obligation Payment Schedule(ROPS 15-16B)-ROPS Detail • January 1,2016 through Jude 30,2016 • (Report Amounts in Whole Dollars) B C D E F G H I J K L M N 0 P - Funding Source Non-Redevelopment Property Tax Trust Fund - - (Nan-RPTTF) RPTTF ' Contract/Agreement Contract/Agreerneffi 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 Admen Six-Month Total - _ - - . $ - ' $ - $ 93.794 $ - $ 1,124,446 $ 125 000 $ 1,343,240 .1 2011 A Tax Allocation Bond Bonds Issued After 1/12011 9/12033 US Bank Bond Principle and Interest an RDA Grand Terrace N 403,923 S 403,923 2 2011 B Tax Allocation Bond Bonds Issued After 1/1/2011 9/112026 .US Bank Bond Principle and Interest on RDA Grand Terrace N - 174,755 $ 174,755 12/31/10 Bonds 3 Trustee Fees Fees 1/1/2011 9/1/2033 US Bank Trustee Fees Grand Terrace N 1,250 $ 1,250 ^''°?4?I'i troan""""""'n;"''1°^' '' '`-'t City/Cdunty,L6ans- 7/12005`'""" ' '90/2020' -7 Sion"Firut National Barik Piivate Refunding of CRA Debt - Grand Terrace - N $. -. - On orBefo}e - ;' 5 Repayment of Debt Service Miscellaneous 1282012 1282021 SB Valley Muni Water Repayment Incorrect debt service Grand Terrace N 234,652 $ 234,652. distrib by-SBC'ATC - . • ""T"7 CConskultitgry c Sees .;-'f'""r'0 Pr 1k iorTal'y 7/1 312 0 10, "' ' '•1'/31'12013 - Chamber of Commerce ' Business Development Services Grand.Terrace "" '' "- "N: - --- , _ - - - - - 8i ' ',8 Profes4!onal Services' ' '.0!"Professional 2/1/2012' "" 6/30/2034 ' " ' Professional Appraisers' 'Property Appraisal Services "Grand Terrace N - " , ' - $ - . .. 'Services . ' 9 Professional Services Property " 4/122011 ' 6/30/2016. Cal Dreamscape Weed abatement for Agency owned Grand Terrace N 10,000 $ .10,000 "Maintenance Landscape/Riverside property 8 water - Highland Water __ •. 10 Professional Services Professional 2/12012 6/30/2034 Urban Futures S.E.C.Rule 15c2-12 Compliance Grand Terrace N . • 1,250 $ 1,250 Services Requirement-Bonds _ ;12 Agency Owtied•�P.rdpeey= ' `Pro"perty" '"2/1/2012 - 6/302034 Vet s contractors Property Mainten$nce and Insurance's Grand Terrace N - _ S' - .. . 'Maintenance "" - Agency Property , • 13 2011A TABS Debt Service Reserve Reserves 1/12011 9/1/2033 US Bank DSR-Bond Covenant Requirement Grand Terrace N $ 14 2011B TABS Debt Service Reserve_Reserves 1/1/2011 9/1/2026 US Bank DSR-Bond Covenant Requirement Grand Terrace N $ -• 15 Professional Services-RDA wind Dissolution Audits 9/12012 1/312013 Rogers Anderson Melody Due Diligence Reporting/Review HBS Grand Terrace N S - down 34179.5 • 16 SA Legal consulting Admin Costs 10/12011 6/302034 _Jones 8 Mayer Legal Counsel under H8S 34177.3(b) Grand Terrace N 12,000 '$ 12,000 h"',11 201.1A4.TABS'Boneprq`ects"'�'.'%L'P.rofessionaf"'r""'`3/13/2012"" '" 3/13/2015' "" Webb&Assdc" "Michigan Streel7inprovements:'deslgn Orand'Terrace N'" - '' $ to "...'" -kk s'fC,<'=,�,: ,'i"11Services .. - . ., and ROW`deg:. . 18 2011A�T#ABSBond Proieds ;s Professional- 1A2511" ?' 9/1/2033- `• �CgntractorsfS{aH Southwest project area'infrastructure,Grand'"Terrace N _ $ - .='."5:".t 4h...,,- .,.'a m Services'=h - slyly and design ' _ - ' r.a192011A TABS B4hd,Prejects,r .t.Inipreveinevtiinfrhstr 1/120L1€t^=-,` 9/12033"r"y Contractors/Stali", :Southwestprojectarea:`infrastructure'Graad"Terrace' N ' ' $ - a.i g'.Ad i 4. .'.i f:y uctyre'•- . .. •ra"r',. ,• _ .- - construction •, ",.20 20r.1 IA'TABS Sond'P o)ctst'"%R lmpvovemenUlntrastr 1/12011¢s;a"" �"-;9n/2033;";',';"6 t Contractors/Staff`"" "`Barton F;cad;Infrastruoture'-ry" • Grand Terrace " '' " " , -N ' " ' - " $ , , - : :`-`ngl ,.,7.51i.:.1`m uct'ute;1:,2t.;'.;.. iinpravements ^'-/2.1 2 A'ABSBond'eajectsp":`.'.Mier'lisprovemenUWrastr t/1201,1,:''„ 9/1/2033,,r1 ' ;Contractors/Stoll Miohiga0'Street improvements, Grand'Terrace N $ -, -' ;,,s. sz'h_vs d.'&a s+�5.1 ' ucturekv'-— constructer '10222011ASTABS,BdntlPsrojeits 'I 1'Implo"vernerit/Infrash'1/1201;1' '.;9/1/2033'!"'.i- "Coitractots/Staif.' ' Union,P.acifc/Barton Road bridge " Grand Terrace , • N $ - �J L«.'r'.,,,.-.t�L.. y'i.' 'udure;. .,R'nt .';c,..•"?,,. _ F.. Y`.- • :s.., "construction. _ . . _ . _ '";23 201,1A"<TABS;Bond'Projeds'r'!'";,N Improvene nt/intras1 1/1/2011•' " "`Jt/2033i"- """ "Cootracters/Steff, T -Storm drain'&Streefrehab.Van"•• .'`Grand•Tenace' ' N $'" - ,' sx =::.M•iiC+T'.'-"^r`i'-: -1.ucture'.`. _"1: "" - 'Buren,Plco,an8'Mafn Si. .. - "" . --%24 2011A„"'ASS`Bdnd;P,roje'ets'"-'--,-I Irnprovement/Infrastf 1/1/2011";--' " '9/1'/2033: 'Coptractaro/Statt• '- "Mt Vernon slope stabil¢auon " -'"Grand"Terrace N $ - ....;,._,..%. .6a'-.,,1:..- ..u¢'f ,:. t ucture-..,":r -....;,t, '. : . . M:.' __ . . _ . _ ." '25 2011A TABS Bend,P.,rejects"''',h Ir/rpro6ernenblnfiasttt 1/1201i - '9/1/2033 :Contractors/Staff ' - Vista Grande Park construction Grand Terrace N .$ - 29 Stater Brothers OPA r Business Incentive 2/22/2011 2222021 Stater Brothers Markets Payment on participation agreement Grand Terrace N , 93.794 264,956 $ 358,750 Agreements __ - - . _ - - ''130 Residual Receipts:'"', '-"""""'r Miscellaneous'' 224/2009-' '224/2033- 'City of Grand Tenace' Atiordabie'housing payment Grand Terrace N - " $ - ,. i- agreement-FY2012-13 - 31 Employee Costs" ,Admin Costs 2/1/2012 6/302034 Personnel Costs. Agency direct employee costs-salaries Grand Terrace N 61,290 S 61,290 :32 Employee Costs-PERS• Admin Costs 2/1/2012 6/30/2034 Personnel Costs •Agency direct employee costs-PERS Grand Terrace N - 18,387 $ 18,387 33 Employee Costs-other benefits Admin Costs 2/1/2012 6/302034 Personnel Costs Agency direct employee costs-other Grand Terrace N 12,258 $ 12,258 benefits _ -12, 34 Employee Costs-Insurance, Admin Costs 2/12012 6/302034 •Personnel Costs Agency direct employee costs- Grand Terrace N 3,065 $ 3,065; d workers'compensation insurance(unemployment,workers' compensation) .2,. '36 Consulting Services • _Admin Costs 7/1/2014 6/30/2015 RSG 'Property Tax Reporting Services Grand Terrace N • 10,000 '8 10 'I3 37 Office Costs/Supplies/Misc, Admin Costs 2/1/2012 6/302034 Various Administrative supplies and costs Grand Terrace N $' (0 38 Annual Audit and Reporting Admin Costs 8262014 8/26/2019 Lance,Soll,Lunghard Required annual auditing services Grand Terrace N 8,000 $ 8 N Q w Attachment:Grand Terrace_ROPS_15-16B (1769:Successor Agency's Recognized Obligation Payment Schedule(ROPS).15-1613) 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 0 P Funding Source Non-Redevelopment Property Tax Trust Fund (Non-RPTTF) RPTTF _ Contrect/Agreement Centrac#/Agreement Total Outstanding Item# Project Name/Debt Obligation Obligation Type Execunon Date Termination Date Payee Description/Project Scope Project Area Debtor Obligation Retired Bond Proceeds Reserve Balance Other Funds Non-Admin Admin Six-Month Total 39 Property Disposition Plan Property 8/12/2013 8/12/2034 Contractor Preparation of property disposition' Grand Terrace N $ - DisposRlons - plan'for housing assets ' 20'I,tAy7ABSlBopolP,rdlegs'Improveor ni/intrastr 3/13/2012 311312015 Webb?&Assoc Michigan Street i ni provements,de`sigo Grand Terrace N zv� S -. u—ctu—row andTROWncy.-P.hase4 - N•' 41 2011A TABS Bond Projects Improvement/Inhastr 3/13/2012 3/13/2020 Contractors/Statt Grand Terrace Project CIP(Items 18 Grand Terrace N _ $ ' - ucture through 25) - 44 Property Management " Property.' 1/1/2015' 12/312016 RSG implementanen of the LRPMP-sale Grand Terrace N 33,660 $ 33,660. Implementation""Plan Dispositions of successor agency property :}4 OreoCRron ofsmgle-#amity dwelling Remedlatiort„ , 1t1T2014 .,. 6/30/2614 Contraiar,'tap.;W 'Demoldio>n oLsingle fain ly tlwaWng ohl Grand Terrace ,ram, 3{c�� , , , ,„. � ,�i-, _..,e o- •, .. `� ,.may- +� �°n.-t s4.,..� '�`" °' ,..� � � ., d:. ,, t!`2` s`rs ,, . �.,� fis� _ - �, _ "� 5 21992'DaBerryt&tree 47 Taxes on Successor Agency ,Property 1/12012 61302014: San Bernardino Auditor Property Tax on Successor Agency Grand Terrace N $ - - .Property 'Maintenance Cantreller Property • 46 ASt290 pa4s-through payments Miscellaneous 7/12013 12/3120T4 Sar1 Bernardlne Community ACditFonalr'61290 pun 41 rough N S owedm36CCb Collegai amoun owe}to San Bernardino - s C mmunity College DisMcfRor FY20 8-09&2009-10 •. 49 H606ing/Successor1Adntin Housing Entity o 7/1/2014 6/302034 Housing#Autnority of Admin Nlovrance tot the suceeessor N $ - Atiowance• ABOjl AdiostMC Successor gency of; ho sing entity for$150,D00@l�'d y ' (. _ err 50 71 Remm;at ot'rnncrete'slab& /Ptile R peme6dr5bnn T20i5EIM 12/312015 S C, ontactor =4,., .,'Removal of concrete tat&r46/)p/eTat Grand Terrace .. N, /P yr..yq � z $ -- � ""�,` Si SERAFLoan LMIHF. Reserve SERAF/ERAF 4/26/20/1 4/262o16 L'MIHF . ° Repayment of ban fo SERAF GrandTerrace N 3- S ���� Reserve . n s -, . �,,, •.,,� . i.X� t�fr �-^. , - - 52 N $ - 53 - N $ - 54 N $ 55 N ' $ 56 N $ ' - ' 57 N $ '58 - N $ '59 . N -- .. $ 60 N .. .. $ . - 61 ., .. N ' $ 62 _ N $ - '63 _ N $ ' ' 64 N $ .'65 ' ' ' N - $' • .''66 .. .... _. .. N ... : $., .'67. .. ." _ .. ". .. ,. . ... .. . ' : ...N ."". . . . .. ._ .. S ;66 .. .. .. ' '. .N .. _ .. S. _ ':.69 .. .:N. .... S.: . - .. 70 .. .. .. N .. S . .: 71 _ N $ 72 N $ 73 ' . . . . ,- _ N 75 , N - $ ... ._ . . 76 .. .. N - - - . $ . . 77 •.• . . .... . . N . . $ .. . -. 78. N • $• 79 N '$ ,. =.60 - N $ ' _ .fl. 81 N 51 82 N $ ' N -$ - a 84 N $- ,'12 '85 N .5. l0 86 N S 13 tS' A Attachment:Grand Terrace_ROPS_15-16B (1769:Successor Agency's Recognized Obligation Payment Schedule(ROPS)15-16B) -�' •_ 51 SERAF Loan LMIHF-Reserve SERAF/ERAF 4/26/2011 4/26/2016 LMIHF Repayment of loan for SERAF- Grand Terrace N 448,636 S' 448,61'- Reserve v 52 N 5 54 N '5 1 54 - . 55 N $ E . 56 N $ , c 57 N S 58 N $ 59 N 5' 60 N - .5 61 N $ 62 N $ 63 N $ 64 N $ . 65 N $ • .66 N 5 - 67 N 5 -68 N .5 69 N S . PacketPg.15-J Grand Terrace Recognized Obligation:Payment Schedule(ROPS 15-16B)-Report of Cash.Balances (Report Amounts in Whole Dollars) Pursuant to Health and Safety Code section 3417(I),Redevelopment'Property Tax Trust Fund'(RPTTF)may belisted 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•Tips Sheet .. . . A B C D E F. G H I Fund.Sources . Bond Proceeds • Reserve Balance., Other RPTTF •• • •Prior ROPS Prior ROPS ' period balances RPTTF Bonds Issued on and CDR 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 14-15B Actuals(01/01/15'-06/30/15) . •. ... .... .. ... . ... .. .. 1 Beginning Available Cash Balance(Actual 01/01/15)• 19,639,913 1,401,663 - 60,013 • 2 Revenue/Income(Actual 06/30/15) RPTTF amounts should tie to the ROPS 14-15B distribution from the • County Auditor-Controller during January 2015 ' .. 17,392 3 Expenditures for ROPS 14-15B Enforceable Obligations(Actual 06/30/15) RPTTF amounts,H3 plus H4 should equal total reported actual :expenditures in-the Report of PPA,Columns L and Q 1,367,261 • 4 Retention of Available Cash Balance(Actual 06/30/15) -RPTTF amount retained should only.indude the amounts distributed as reserve for future period(s) 5 ROPS 14-15B RPTTF Prior Period Adjustment - RPTTF amount should tie to the self-reported ROPS 14-15B PPA in the - -. ' ' p}o entry required.` ' Report of PPA,Column S , 6 'Ending Actual,Available Cash Balance.' ' " " "' , , C to G=(1+2'-3-4),H=(1+2=3-4-5) $ - $ .19,639,913 $ , .34,402•' $ - $ 17,392 4$ 60,013 ROPS•15-16A Estimate(07/01/15-12/31/15) , 7 Beginning Available Cash Balance'(Actual 07/01/15)' . (C,D,-E,G=.4;It 6,:F=H4+,F4.+F6,and H=5.+6). - " $ - $ 19,639,913 $" 34,402 $' $- 17,392' '$ 60,013 8 Revenue/Income(Estimate-12/31/15) ' RPTTF amounts should tie to the ROPS 15-16A distribution from the County Auditor-Controller during June 2015' 1.447,785 9 Expenditures for ROPS 15-16A Enforceable Obligations(Estimate • 12/31/15) • 1,465,798 10 Retention of Available Cash Balance(Estimate 12/31/15) 'RPTTF amount retained should only include the amounts distributed as reserve for future period(s) . 0. 11 Ending Estimated Available.Cash,Balance(7+8-9.-10) " • ' • • ' o. $- $- .19,639,913 .$ , •34,402 $• . . - $ 17;392' $,'•. 42;000, x m -a 9 N i c' n Attachment:Grand Terrace_ROPS_15-16B (1769:Successor Agency's Recognized Obligation Payment Schedule(ROPS),15-16B) N $ - 54 N $ 55 N ' $ 56 N $ ' - ' 57 N $ '58 - N $ '59 . N -- .. $ 60 N .. .. $ . - 61 ., .. N ' $ 62 _ N $ - '63 _ N $ ' ' 64 N $ .'65 ' ' ' N - $' • .''66 .. .... _. .. N ... : $., .'67. .. ." _ .. ". .. ,. . ... .. . ' : ...N ."". . . . .. ._ .. S ;66 .. .. .. ' '. .N .. _ .. S. _ ':.69 .. .:N. .... S.: . - .. 70 .. .. .. N .. S . .: 71 _ N $ 72 N $ 73 ' . . . . ,- _ N 75 , N - $ ... ._ . . 76 .. .. N - - - . $ . . 77 •.• . . .... . . N . . $ .. . -. 78. N • $• 79 N '$ ,. =.60 - N $ ' _ .fl. 81 N 51 82 N $ ' N -$ - a 84 N $- ,'12 '85 N .5. l0 86 N S 13 tS' A Attachment:Grand Terrace_ROPS_15-16B (1769:Successor Agency's Recognized Obligation Payment Schedule(ROPS)15-16B) -�' •_ 51 SERAF Loan LMIHF-Reserve SERAF/ERAF 4/26/2011 4/26/2016 LMIHF Repayment of loan for SERAF- Grand Terrace N 448,636 S' 448,61'- Reserve v 52 N 5 54 N '5 1 54 - . 55 N $ E . 56 N $ , c 57 N S 58 N $ 59 N 5' 60 N - .5 61 N $ 62 N $ 63 N $ 64 N $ . 65 N $ • .66 N 5 - 67 N 5 -68 N .5 69 N S . PacketPg.15-J Grand Terrace Recognized Obligation Payment Schedule(ROPS 15-16B)-Report of Prior Penod Adjustments Reported for the ROPS 14-155(January 1,2015 through June 30,2015)Period Pursuant to Health and Safety Code(HSC)section 34186(a) (Report Amounts in Whole Dollars) ROPS 1615E CAC PPA:To be'mmpleted by the cac'ueal,submittal-of OR ROP613-16B by.SP to Atoned end ROPS'la-15B Successor Agency(SP)Self-r.003ed Prior Patted Adjustments(PPA(AursuanHOHSCSecbon 34183(a),SAa are required to report the differences between their actual at/stable mndmg and Mar actual expandderes for the BOPS 14.15B(January through June 2015)period The amount ot the CPC'NotethatCACs writ mad to ante)Rev awn formulas at PR late Item level pursuant to the owner In POM 4 - Redevelopment Property Tar Trust Fund(RPTTF)approved for Oa BOPS 15-166(January through June 2013)periodeof be ousel by me SA,self-reponed ROPS 14-103 peer period adluslment HSC Sedan 34186(a)alsospeat,es Nat the prior period adrusimentasen-reported by SPe are subject la audn b they calculate.PPP.Plat,note lot the Adorn amounts de not need tobe laded at Neree eem level and maybe the count,au der<Ontmper ICPC)arrd Centrals,State Centr entered as a sum. - . E x 1 J R L N N I , p P O R 5 T W. ' NOn41PTTF Expenditures POUF Expenditures " RPTTF Expenditure; and Admin PPP • IAmwmue.n to ' ee.e v,eee.e. R...rv.ee6..e aher R.N. Ronoemin A4mM awwue pPml e.A m. -- -- RTFl ss" - PnId. .. Available .r.nu� n .. . IoPst n5B'001e. Met lamer. (11161.14.N.n4 sapRapst�sr .ItW....detour Hal 000000 el " ,_ liars 11 Pb GWeelen r PatW OUI/Isl AAnitg.le moot) riz OVUM LL Actual wobble se of Authe.144.11. total zeolatePoond:weY x~IR.RI� PPcomm.me Available - AveWble Anwl. 0uron a come,.... • nlardand room sag s• f _ .. -. , z Agency owned - e. - a - , - - - • W Hoep.a. / s s - s „ - ,. Bond a muniAea - _ • f, s s '- - ze muA TABS s .- conePrpeaa - - - - _ - Br.. - a+.:m memo t • + - 32 Employ.Cons .167 s - - - - • .. .. 11,R ~tens - eeoc to lss - a - " , • ' xn can bass 5' - s - 1.1 Employee suits .a.m0 .. S - s t • semen. - _ - + - - - . cwesupplieuwu sit - - f - f - - _ . FeMMY Receipts _ am0 16,9 - - - 1 _ \ - _ , . - '- • etleeasal •.. .. .. _ - • uorAgercy .. • .. .. S .. t .. • - - t O` Oy Attachment:Grand Terrace_ROPS_15-16B (1769:Successor Agency's Recognized Obligation Payment Schedule(ROPS)15-16B) , Schedule(ROPS),15-16B) N $ - 54 N $ 55 N ' $ 56 N $ ' - ' 57 N $ '58 - N $ '59 . N -- .. $ 60 N .. .. $ . - 61 ., .. N ' $ 62 _ N $ - '63 _ N $ ' ' 64 N $ .'65 ' ' ' N - $' • .''66 .. .... _. .. N ... : $., .'67. .. ." _ .. ". .. ,. . ... .. . ' : ...N ."". . . . .. ._ .. S ;66 .. .. .. ' '. .N .. _ .. S. _ ':.69 .. .:N. .... S.: . - .. 70 .. .. .. N .. S . .: 71 _ N $ 72 N $ 73 ' . . . . ,- _ N 75 , N - $ ... ._ . . 76 .. .. N - - - . $ . . 77 •.• . . .... . . N . . $ .. . -. 78. N • $• 79 N '$ ,. =.60 - N $ ' _ .fl. 81 N 51 82 N $ ' N -$ - a 84 N $- ,'12 '85 N .5. l0 86 N S 13 tS' A Attachment:Grand Terrace_ROPS_15-16B (1769:Successor Agency's Recognized Obligation Payment Schedule(ROPS)15-16B) -�' •_ 51 SERAF Loan LMIHF-Reserve SERAF/ERAF 4/26/2011 4/26/2016 LMIHF Repayment of loan for SERAF- Grand Terrace N 448,636 S' 448,61'- Reserve v 52 N 5 54 N '5 1 54 - . 55 N $ E . 56 N $ , c 57 N S 58 N $ 59 N 5' 60 N - .5 61 N $ 62 N $ 63 N $ 64 N $ . 65 N $ • .66 N 5 - 67 N 5 -68 N .5 69 N S . PacketPg.15-J