2012-37 4W RESOLUTION NO. 2012-37 SA
A RESOLUTION OF THE CITY OF GRAND TERRACE AS SUCESSOR
AGENCY TO THE GRAND TERRACE COMMUNITY
REDEVELOPMENT AGENCY ADOPTING A RECOGNIZED
OBLIGATIONS PAYMENT SCHEDULE (ROPS-3) COVERING THE
PERIOD OF JANUARY 1, 2013 TO JUNE 30, 2013 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 Section 33000, et. seq.;
WHEREAS, AB X1 26 required the dissolution of all redevelopment agencies in
the state;
WHEREAS, on January 10, 2012, the City as Successor Agency adopted
Resolution 2012-01 electing to serve as the successor agency to the Grand Terrace
Community Redevelopment Agency pursuant to Health and Safety Code Section
34176; and
WHEREAS, a Recognized Obligation Payment Schedule (ROPS) is defined in
Health and Safety Code 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, a Recognized Obligation Payment Schedule (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 San Bernardino County Auditor Controller/Treasurer/Tax
Collector (Auditor-Controller) and California Department of Finance has required a of
the Recognized Obligation Payment Schedule, covering the period January 1, 2013 to
June 30, 2013 (ROPS-3), in accordance with AB 1484.to be submitted prior to
September 1, 2012;
WHEREAS, on July 24, 2013, the Recognized Obligation Payment Schedule
(ROPS-3) for the period January 1, 2013 to June 30, 2013 pursuant to Health and
Safety Code Section 34177(I) was considered by the City as Successor Agency; and
NOW THEREFORE, THE CITY OF GRAND TERRACE AS SUCESSOR
AGENCY TO THE GRAND TERRACE COMMUNITY REDEVELOPMENT AGENCY
DOES RESOLVE, DETERMINE, FIND AND ORDER AS FOLLOWS:
`, SECTION 1. The City as Successor Agency finds that the above recitations are
true and correct and, accordingly, are incorporated as a material part of this Resolution.
SECTION 2. The City as Successor Agency finds that all obligations listed on
the Recognized Obligation Payment Schedule (ROPS-3) for the period January 1, 2013
to June 30, 2013 are true and correct and, accordingly, are hereby considered
enforceable obligations.
SECTION 3. Pursuant to 34177(I), Recognized Obligation Payment Schedule
(ROPS-3) for the period January 1, 2013 to June 30, 2013 is attached hereto as
Attachment A is hereby approved, adopted, and incorporated by reference by the City
as Successor Agency pursuant to Health and Safety Code Section 34177.
SECTION 4. The City as Successor Agency hereby encumbers and assigns
the needed fund balance and cash resources of the Successor Agency to fund all
enforceable obligations to be paid from Other Sources of funds as set forth on Form B
of the Recognized Obligation Payment Schedule (ROPS-3) and all prior Recognized
Obligation Payment Schedules.
SECTION 5. The City Manager is hereby authorized to perform all acts
necessary to be compliant with ABX1 26, AB 1484 and the requirements set forth by the
Auditor-Controller.
SECTION 6 The Successor Agency shall remit the approved Recognized
Obligation Payment Schedule (ROPS-3) for the period January 1, 2013 to June 30,
2013 to the Oversight Board for review and approval.
SECTION 7. The City Clerk shall certify to the adoption of this Resolution.
PASSED APPROVED AND ADOPTED this 241" day of July, 2012 by the following vote:
AYES: Councilmembers McNaboe, Sandoval and Hays; Mayor Pro Tem Garcia and
Mayor Stanckiewitz
NOES: None
ABSENT: None
ABSTAIN: None
� 1
Walt Stanc ' w z, Mayor
ATTEST:
4W
L. ^
Tracey R. artin z, City Cler
APPROVED AS TO FORM:
Richard L. Adams II, City Attorney
State of California )
County of San Bernardino ) ss.
State of California )
I, Tracey R. Martinez, hereby certify that I am the duly appointed City Clerk of the
City of Grand Terrace and that the foregoing resolution was duly adopted at a regular
meeting of the City Council and the City Council as the Successor Agency to the
Community Redevelopment Agency of the City of Grand Terrace held on the 24I" day of
July, 2012.
1
Tracey R. I artine , City Clerk
4W
Attachment A
Recognized Obligations Payment Schedule (ROPS-3)
January 1, 2013 to June 30, 2013
4w
RECOGNIZED OBLIGATION PAYMENT SCHEDULE-CONSOLIDATED
FILED FOR THE JANUARY 1.2013 to JUNE 30, 2013 PERIOD
Name of Successor Agency CITY OF rRAND TFRRACE AS SUCCESSOR AGFNCY TO
COMMUNITY REDEVFI O�MFNTAGFNCYOEGRANDTFRRACE-RR34 ROPS-3
Current
ITotal Outstanding I Total Due
Debt or Obligation During Fiscal Year
Ourtateroditat Debt or Obligation (Excluslepxy Pass Through Debt) I f 00 I f
' t S _ t -77
]fi 963 863 €€ T 622 329 00
,. ....
Total Due for Six f�' ^
Month Period .
[[ E
Outstanding Debtor Obligation(Explodes Pass-Through Debt) I f 0.61T.209 00 [ -
Available Revenues other than anticipated funding from RPTTF f 3,32T,2ttW
Enforceable Obligations f 1,289,99600
g paid with RPTTF
Administrative Cost pond with RPTTF It
Pass-through Pavmanta Paid with RPTTF
f v
E
Administrator.Allowance(areal-of5%ol aM[p .F..ng Loon RPTTF or 45n000.Not CI Muld ma IW p hough payments made with RPTTF TMRPTTFAdmniNa-Cost {
fisweab MUId Mmceed tlys Admpasna—Cst Alowarue f A
Cerafica0on of Oversight Board Chairman'.
Pursuant W Section 341]](I)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 Data
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