2012-02 RESOLUTION NO. 2012-02
A RESOLUTION OF THE GRAND TERRACE REDEVELOPMENT
AGENCY, CALIFORNIA, AMENDING THE ENFORCEABLE
OBLIGATIONS PAYMENT SCHEDULE (EOPS) AND INITIAL
RECOGNIZED OBLIGATIONS PAYMENT SCHEDULE (IROPS) AND
TRANSMITTING THE INITIAL RECOGNIZED OBLIGATION PAYMENT
SCHEDULE TO THE CITY AS SUCCESSOR AGENCY AS REQUIRED
BY HEALTH AND SAFETY CODE SECTION 34169.
WHEREAS, the Grand Terrace 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, including prohibitions on certain actions by these agencies and requiring
certain actions to be taken;
WHEREAS, AB X1 27 provided that redevelopment agencies ("Agency") could
enter into a Voluntary Alternative Redevelopment Program ("VARP");
WHEREAS, In California Redevelopment Association . v. Matosantos, the
California Supreme Court upheld AB X1 26 allowing for the dissolution of city
( redevelopment agencies and overturning AB X1 27 thus precluding redevelopment
agencies continued existence as a VARP;
WHEREAS, on or about August 23, 2011, the Agency adopted an Enforceable
Obligation Payment Schedule pursuant to Health and Safety Code Section 34169(g);
WHEREAS, on or about September 27, 2011, the Agency adopted an Initial
Recognized Obligation Payment Schedule pursuant to Health and Safety Code Section
34169(h); and
WHEREAS, the Agency now wishes to amend the EOPS and IROPS along with
transmit to the City as successor agency the attached IROPS.
NOW THEREFORE, THE GRAND TERRACE REDEVELOPMENT AGENCY
DOES RESOLVE, DETERMINE, FIND AND ORDER AS FOLLOWS:
SECTION 1. The Agency finds that the above recitations are true and correct
and, accordingly, are incorporated as a material part of this Resolution.
SECTION 2. Pursuant to Health and Safety Code Section 34169(g) and
34169(h),
the amended EOPS attached hereto as Attachment 1, and the amended IROPS
attached hereto as Attachment 2, are hereby approved, adopted and incorporated by
reference.
SECTION 3. The Agency hereby transmits these IROPS to the City as
successor agency.
SECTION 4. The Agency's Executive Director is hereby authorized to post the
EOPS on the City website along with notify the County Auditor/Controller, the State
Department of Finance, and the State Controller's Office concerning this Resolution, the
amended EOPS, and its online publication.
SECTION 5. The Agency Secretary shall certify to the adoption of this
Resolution.
PASSED APPROVED AND ADOPTED this 30th day of January, 2012 by the following
vote:
AYES: Agency Members McNaboe, Sandoval and Hays; Vice-Chairman Garcia
and Chairman Stanckiewitz
NOES: None
ABSENT: None
ABSTAIN: None
Walt StandduVitz, Chairman
ATTEST:-
Tracey R. rtirf&, Agency cretary
APPROVED AS TO FORM:
Richard L. Adams, Agency 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 the Agency Secretary of the Community Redevelopment
Agency of the City of Grand Terrace and that the foregoing resolution was duly adopted
at a special meeting of the City Council and the Community Redevelopment Agency of
the City of Grand Terrace held on the 30th day of January, 2012.
Tracey R Wartin z,.-Agency,. ` cretary
City of Grand Terrace Community Redevelopment Agency Page 1 of 2 Pages,
01/30/12
ENFORCEABLE OBLIGATION PAYMENT SCHEDULE
Per AB 26-Section 34167 and 34169( )
Total Total Due Payments by Month
Project Name/Debt Payee Description Outstanding During Fiscal
Obligation Debt or
Jan Feb Mar Apr May Jun
Obligation Year 2012 I 2012 I 012 I 012 I 2012 I 2012 I Total
1)I2004 Tax Allocation Bonds US Bank (Bonds for housing&non-housing projects I 3,790,812 1 2,002,376 I I 36,188 I I 1,966,188 I 2,002,376
2)I2011A Tax Allocation Bond IUS Bank IBonds for non-housing projects I 29,163,2121 1,100,498I I 420,900I I I 679,598I 1,100,498
3)I2011 B Tax Allocation Bond IUS Bank (Bonds for non-housing proiects I 9,698,770 I 635,185 I I 209,545 I I 425,640 I 635,185
4)ITrustee Fees SUS Bank (Trustee fees on bonds I 266,530 I 12,115 I I 12,115 I I I 12,115
5)IZion Loan 17jon First National Bank IRefinanced refunding of bonds for projects 1 2,421,052 I 254,848 1 127,424 I I I I 127,424 I 254,848
6)ISERAF Transfer I Housing Fund I Repayment of loan for SERAF 1 448,636 I 448,636 1 I I I 448,636 I 448,636
7)1Repayment of Debt Service ISB Valley Muni Water (Repay incorrect debt service distrib by SBAC I 2,295,360 I 232,888 I 232,888 I I I I I 232,888
8)IAgency Attorney (Jones and Mayer ILegal consulting on dissolution I 48,00d 48,00d 4,6011 4,00d 4,00d 4,00d 4,00d 4,00d 24,OOC
9)IStater Brothers OPA Istater Brothers Markets (Payment on participation agreement I 1,207,500 I 241,500 I I I I 60,375 1 I 181,125 I 241,500
10)ICommercial Exteriors IViking Investments Prop (Shopping center rehabilitation I 220,429 1 220,429 1 I 1 I 1 I 220,429 I 220,429
11)INeighborhood Imp.Grant lQualified residents IExterior improvements/correct violations I 39,035 1 39,035 I I 7,807 I 7,807 I 7,807 I 7,807 I 7,807 I 39,035
12)IBaseball Field Improvements I Rock Bottom (Construction of baseball field I 42.469 1 42,469 I 1 I 42,469 I I I I 42,469
13)IVista Grande Park Improvementsi Foundation of GT IInstallation of park improvements 1 35,000 I 35,000 1 I I I 1 20,000 1 15,000 I 35,000
14)lMich/Barton/LaPaix I Lee and Stires/Webb Ass linfrastructure improvements I 535,671 I 535,671 1 36,281 I -I 16,995 I 10,000 1 I I 63,276
15)Residual Receipts (City of Grand Terrace (Affordable housing payment agreement 3,000,000 I 300,000 I I I I 1 I 300,000 I 300,000
16)Developer MOU (Grand Terr Partners LLC ITerminate development agreement 375,000 I 375,000 I I 1 375,000 I 1 I I 375,000
17)IEmployee Costs ICity of Grand Terrace (Agency direct employee costs 8,725,740 I 379,380 I 31,617 I 31,617 I 31,617 I 31,617 1 31,617 I 31,617 I 1B9,702
18)IEmployee Costs ICity of Grand Terrace (Agency direct employee costs-PERS I 2,500,000 I 62,620 I 5,218 I 5,218 5,218 I 5,218 I 5,218 1 5,218 I 31,308
19)IOffice RenUCost Allocation I City of Grand Terrace (Office space and operations I 5,796,000 I 252,000 I 21,000 I 21,000 I 21,000 I 21,000 1 21,000 I 21,000 I 126,000
20)ICost Allocation-Adm O/H I City of Grand Terrace IG&A Administration indirect overhead I 765,7B5 I 33,295 I 2,775 1 2,775 I 2,775 I 2,775 1 2,775 I 2,775 I 16,650
21)ICost Allocation-Adm O/H lCity of Grand Terrace IG&A Administration indirect O/H Insurance I 690,000 I 30,000 I 2,500 1 2,500 I 2,500 I 2,500 1 2,500 I 2,500 I 15,000
22)IConsulting Services IRSG (Annual reporting requirementsladministration I 25.000 1 25,000 1 I 2,500 I 2.500 I 5,000 1 5.000 I 10,000 I 25,000
23)IConsulting Services I City News Group (Advertising/Noticing I 10,000 I 10,000 1 I 2,500 1 2,500 I 2,500 1 2,500 I 2,500 I 12,500
24)lConsulting Services ISmothers Appraisers I Property Appraisals I 13,400I 13,400I I I 9,000I I 4,400I 13,400
25)lConsulting Services (Webb&Associates ITraffic Engineering I 125.000 I 50,000 I I 4,000 I 4,000 I 4,000 I 4,000 I 4,000 I 20,000
26)(Consulting Services DACE Weed Abatement (Weed abatement for Agency property I 100,000 I 20,000 I I 1 1 10,000 I 10,000 I 20,000
27)IConsulting Services I &A Engineering Ilnfrastructure study/design I 30,442 I 30,442 I I 1 1 15,000 I 15,000 I 30,000
28)IConsulting Services lChamber of Commerce (Business development services I 20,600 I 10.300 I 860 I 860 I 860 I 860 1 860 I 860 I 5,160
29)IConsulting Services I Urban Futures (Continuing Disclosure Reporting-bond issues 1 84,000 I 7,000 I I I 3,500 I 3,500 I I 7,000
30) Professional Services IStradling Yocca (Attorney Services 4,000 I 4,000 I 1,000 I 2,000 I 1,000 I I I I 4,000
Totals-This Page $ 72,477,443 $ 7,451,087 1$ 338,139)$B92,949 1$532,741 I$161,152 1$ 132,277 1$4,485,717 1$ 6,542,975
Totals-Other Obligations $ 149,884,860 $ 6,648.3451$ 1,159,388 $ 25,500 1$ 30,500 1$265,500 1$ 23,000 1$5,141,457)$ 6,645.345
Grand total-All Pages II$ 222,362,303 II$ 14,099,432 II$ 1.497,527 II$918,449 II$563,241 II$426,652 II$ 155,277 II$9,627,174 II$13,188,320
*. Revised Enforceable Obligation Payment Schedule(EOPS)is to be adopted by the redevelopment agency no later than late February 1,2012.It is valid through 06/30112.
Recognized Obligation Payment Schedule CROPS),which must be prepared by the dissolving Agency.(The draft ROPS must be prepared by the Successor Agency by 03101112.)
City of ufana Terrace Community Redevelopment Agency Page 2 of 2 Pages
01/30/12
OTHER OBLIGATION PAYMENT SCHEDULE
Per AB 26-Section 34167 and 34169(*)
Total Outstanding Total Due Payments by Month
Project Name/Debt Obligation Payee Description Debtor During Fiscal
Obligation Year Jan Feb Mar Apr May Jun
Total
2012 I 2012 I 2012 I 2012 I 2012 I 2012 I
1)IStatutory Pass Through Icily of Grand Terrace Statutory payment obligation 4,800,000 80,000 I I I I I 80,000 I 80,000
2)IStatutory Pass Through ISan Bernardino Comm Colilstatutory payment obligation I 4,800.000 80,000 I I I I I 80,000 I 80,000
3)INegotiated Pass Through (Colton Joint USD (Payment per agreement 10,861,960 1,158,888 I 1,158,888 I I I 1,158.888
4)1Pass Through pd by County ITaxing entities (Payment per agreement I 59,855,506 2,000,000 I I I 2,000,000 I 2,000,000
5)IHousinq Fund Deficit (Low/Mod Housing Fund IStatutory housing set aside I 48.321,575 1,238,790 I I I I I 1,238,790 I 1,238,790
6)IProfessional Services IHDL Iproperty tax allocation reconciliation 56,000 I 8,000 I I I I 2,500 I 5,500 I 8.000
7)IDemolition of structures (Contractor IDemolition 21974 DeBeny 15,000 I 15,000 I I I 15,000 I I I 15,000
8)IConsulting Services IContractor IBond Arbitrage Rebate Calculation and Rd 80,500 I 3,500 I I I I I 3,500 I 3,500
9)IAgency Owned Property IVarious contractors (Property Maintenance and Insurance 1 30,000 I 6,000 I 500 I 500 I 500 I 500 1 500 1 500 I 3,000
10)IAuditinq Services IRAMS I Required annual auditing services 70,000 I 10,000 I I 10,000 I I I I 1 10,000
11)IConsulting Services (contractors I Prof Svcs-Agency Dissolution-Oversight 200,000 I 50,000 I I 10,000 I 10,000 I 10,000 1 10,000 I 10,000 50,000
12)IProfessional Services ISpeciai Counsel ISuccessorAgency and Oversight Board 140,000 I 35,000 I I 5.000 I 5,000 I 5,000 1 10,000 1 10.000 35,000
13)ILow Mod Property Purchase IHousing Authority I Purchase property-commercial district 463,167 I 463,167 I I I I I 1 463,167 I 463,167
(Grand Terrace Project Area ISuccessor Agency-Contracl2011A Bond Indenture-Public Infrastructul 13,510,568 1 500,000 I I I I 250,000 I I 250,000 I 500,000
14)1 Southwest project area: infrastructure study and design I I I I I
15)1 Southwest project area: infrastructure construction
16)I Barton Road infrastructure improvements l I I
17)I Michigan Street improvements:design and ROW acquisition I
18)I Michigan Street improvements:construction I I I -
19)I Union Pacific/Barton Road bridge construction
20)I Strom drain and street rehabilitation: Van Buren,Pico,and Main Streets I I I
21)I Mt.Vernon slope stabilization II' I
22)I Vista Grande Park construction I I I I I I
(Grand Terrace Project Area (Property Sellers I2011B Bond Indenture-Property Acquisitid 3,622,784 1 1,000,000 I I I I 1,000,000 I 1,000,000
23)I Land Assembly for Southwest mixed-use area I I I I I I I
24)I Land Assembly on Barton Road I I I I I I I
25)I2004 TABS Reserve I IBond Reserve Requirement I 1,300,000 1 I I I I I I
26)I2011ATABS Reserve I IBond Reserve Requirement I 1,280,894 1 I I I I I I I
27)I2011B TABS Reserve I IBond Reserve Requirement I 476.906 1 I I I I I
Totals-Other Obligations'*' I$ 149.884,860 1$ 6,648,345 I$1,159,388 I$25,500 I$30,500 $265,500 $ 23,000 I$5,141,457 I$6,645,345
Revised Enforceable Obligation Payment Schedule(EOPS)is to be adopted by the redevelopment agency no later than late February 1,2012.It is valid through 06/30112.
`* Recognized Obligation Payment Schedule(ROPS),which must be prepared by the dissolving Agency.(The draft ROPS must be prepared by the Successor Agency by 03101/12.)
Name of Redevelopment Agency: City of Grand Terrace Community Redevelopment Agency I Page 1 of 2 Pages
Project Area(s) Grand Terrace Project Area
01/30/12
2nd DRAFT INITIAL RECOGNIZED OBLIGATION PAYMENT SCHEDULE
Per AB 26-Section 34177
Total I
Outstanding I Payments by month*
Debtor
Jan
Apr May Jun
Project Name/Debt Obligation Payee Description Obligation TotalFiscal Year ng 2012 I 2012 I 2012 I 2012 I 2012 I 2012 I Total I Funding Source"
A2004 Tax Allocation Bonds IUS Bank (Bonds for housing&non-housing proiectsl 3,790.812 I 2,002,376 I I 36,188 I I I I 1,966,188 I 2,002,3761 RPTTA/BP
2)I2011 A Tax Allocation Bond IUS Bank IBonds for non-housing projects I 29,163,212 1 1.100.4981 I 420,9001 I I I 679.5981 1,100,4981 RPTTA
3)I2011 B Tax Allocation Bond IUS Bank IBonds for non-housing projects I 9,698,7701 635,1861 1 209,6451 I I I 425,6401 635.1851 RPTTA
4)ITrustee Fees IUS Bank ITrustee fees on bonds I 266,5301 12,1151 1 12,1151 I I I I 12.1151 RPTTA
5)IZion Loan (Zion First National Bank (Refinanced refunding of bonds for proiectd 2,421,052 I 254,846 I I 127,424 I I I I 127,4241 254,8481 RPTTA
6)ISERAF Transfer IHousing Fund (Repayment of loan for SERAF I 448,6361 448,6361 I I I I I 448,6361 448,6361 RPTTA
7)IRepayment of Debt Service ISB Valley Muni Water IRepay incorrect debt service distrib by SB,I 2,295,360 I 232,888 I 232,8881 I I I I I 232,888 1 RPTTA
8)IAgency Attorney (Jones and Mayer (Legal consulting on dissolution I 48.000 I 48.000 I 4,000 I 4,000 I 4,000 I 4,000 I 4,000 I 4.000 I 24,0001 RPTTA
9)IStater Brothers OPA IStater Brothers Markets (Payment on participation agreement I 1,207,500 I 241.500 I I I 1 60.3751 I 181.125 I 241,5001 RPTTA
10)ICommercial Exteriors (Viking Investments Prop (Shopping center rehabilitation I 220,4291 220,4291 I I I I I 220,4291 220,4291 RPTTA
11)INeighborhood Imp.Grant (Qualified residents (Exterior improvements/correct violations I 39.035 I 39,035 I I 7.807 I 7,807 I 7,807 I 7,807 I 7,807 1 39,0351 RPTTA
12)IBaseball Field Improvements IRock Bottom (Construction of baseball field I 42,469 I 42,469 I I I 42,459 I I I I 42,4691 RPTTA
13)IVista Grande Park Improvements IFoundation of GT IInstallation of park improvements I 35,000 I 35,000 I I I I I 20.000 I 15,000 I 35,0001 RPTTA
14)IMich/Barton/LaPaix ILee and Slires/Webb Ass Ilnfrastructure improvements I 535,671 I 535,671 I 36,281 1 -I 16,995 I 10,000 I I I 63,2761 RPTTA
15)IResidual Receipts ICity of Grand Terrace (Affordable housing payment agreement 1 3,000,0001 300,000 I I I I I I 300,000 I 300,0001 RPTTA
16)IDeveloper MOU IGrand Terr Partners LLC (Terminate development agreement I 375,000 I 375,000 I I 1 375,000 I I I I 375,0001 RPTTA
17)IEmployee Costs ICity of Grand Terrace (Agency direct employee costs I 8,725,7401 379,3801 31,6171 31,6171 31,6171 31,6171 31,6171 31.6171 189,7021 RPTTA/ACA/RB
18)IEmplovee Costs ICity of Grand Terrace (Agency direct employee costs-PERS I 2,500,0001 62,6201 5,218 I 5.218 I 5,2181 5,2181 5,218 I 5,218 I 31.3081 RPTTA/ACA/RB
19)I0ffice Rent/CostAllocation ICity of Grand Terrace (Office space and operations I 5.796,000 I 262,000 I 21,000 I 21,000 I 21,000 1 21.0001 21,000 I 21,000 I 126.0001 RPTTA/ACA/RB
20)1Cost Allocation-Adm O/H ICity of Grand Terrace IG&A Administration indirect overhead I 765,785 I 33,2951 2,775 I 2,775 I 2,775 I 2,775 I 2,775 I 2,775 I 16,6501 RPTTA/ACA/RB
21)ICost Allocation-Adm O/H ICity of Grand Terrace IG&A Administration indirect O/H Insurand 690.0001 30.000 1 2,5001 2,500 I 2,500 I 2,500 1 2.5001 2,500 I 15,0001 RPTTA/ACA/RB
22)IConsultinq Services IRSG (Annual reporting requirements/administratl 25,000 I 25,000 I I 2.500 I 2,500 I 5,000 I 5,000 I 10,000 I 25,0001 RPTTA
23)IConsultinq Services ICity News Group (Advertising/Noticing I 10,000 I 10,000 I I 2,5001 2,500 I 2,500 I 2,500 I 2,500 I 12,5001 RPTTA
24)I Consulting Services I Smothers Appraisers IPropertyAppraisals I 13,400I 13,400I I I 9,0001 I I 4,400I 13,4001 RPTTA
25)IConsullinq,Services (Webb&Associates ITraffic Engineering I 125,0001 50,0001 I 4,0001 4,0001 4,0001 4.000I 4,000I 20,0001 RPTTA
26)IConsultingServices IACE Weed Abatement IWeed abatement for Agency property I 100,0001 20,000I I I I I 10,0001 10.0001 20,0001 RPTTA
27)IConsultinq Services I &A Engineering Ilnfrastructure study/design I 30,442 I 30,442 I I I I I 15,000 I 15,000 I 30,000 1 RPTTA
28)IConsultinq Services (Chamber of Commerce IBusiness development services I 20,600 I 10,300 I 860 I 860 I 8601 860 I 860 I 860 I 5,1601 RPTTA
29)IConsullinq Services IUrban Futures (Continuing Disclosure Reporting-bond issl 84.000 I 7,000 I I 1 3,500 I 3,500 I I I 7,0001 RPTTA
30)IProfessional Services IStradlinn Yocca (Attorney Services I 4,000 1 4,000 I 1,000 I 2,000 I 1,000 I I I I 4,0001 RPTTA
I I I I 1 I I 1 I 1 I is -I
Totals-This Page $ 72,477,4431$ 7,451,0871$ 338,139 $892,9491$532,741 1$ 161,1521$132,2771$4,485,7171$ 6,542,975 I�
Totals-Page 2 $149.884,8601$ 6,648,345 I$1.159,388 1$ 25,500 1$ 30,500 1$ 265,500 1$ 23.000 I$5,141,457 1$ 6,645,345 1-
Totals-Page 3 $ - Is - Is - Is - Is - Is - Is - Is - Is - I�
Totals-Page 4 $ Is Is Is Is Is Is Is Is I�
Totals-Other Obligations $ 1$ Is Is Is Is Is Is Is - (-
Grand total-All Pages II$222,362,30311$ 14,099,43211$1,497,527 11$918,449 11$563,241 11$ 426,652 11$155,277 11$9,627,17411$ 13,188,320(-
'Payment amount Is extimated,If exact payment amount is not known.
•.LMIHF-Low and Moderate Income Housing Fund;BP-Bond Proceeds;RB-Reserve Balances;ACA-Administrative Cost Allowance;RPTTA-Redevelopment Property Tax Trust Fund;0-Other
Name of Redevelopment Agency: City of Grand Terrace Community Redevelopment Agency Page 2 of 2 Pages
Project Area(s) Grand Terrace Project Area
01/30/12
2nd DRAFT INITIAL RECOGNIZED OBLIGATION PAYMENT SCHEDULE
Per AB 26-Section 34177
Payments by month`Tota I
Outstanding
Jan Feb Mar
Apr May
Jun
Project Name/Debt Obligation Payee Description Debt lor Obligation TotalFiscal Year ing 2012 I 2012 I 2012I 2012I 2012 I 2012 I Total I Funding Source••
I I I I I I I I I I I I
1)IStatutory Pass Through (City of Grand Terrace Istatutory payment obligation 1 4,800,000 1 80,000 1 I I I I 1 80,0001 80.0001 RPTTA
21IStatutory Pass Through Isan Bemardino Comm ColStatutory payment obligation 1 4.800.000 1 80,000 I I 1 1 I 1 80,000 1 80.0001 RPTTA
3)INegotiated Pass Through (Colton Joint USD IPayment per agreement 1 10,861,060 1 1,158,888 1 1,158,8881 1 1 -I I I 1,158,8881 RPTTA
4)1Pass Through pd by County (Taxing entities IPayment per agreement 1 59,855,506 1 2,000.0001 1 1 1 1 1 2,000,000 1 2,000,0001 RPTTA
5)IHousinq Fund Deficit ILow/Mod Housing Fund 1Statutory housing set aside 1 48,321,575 1 1,238,790 1 1 1 1 1 1 1,238,790 1 1,238,7901 RPTTA
6)IProfessional Services 1HDL 1Property tax allocation reconciliation 1 56,000 1 8,000 1 1 1 1 1 2,500 1 5,500 1 8,0001 RPTTA
71IDemolition of structures Icontractor IDemolition 21974 DeBerry 1 15,000 1 15,000 1 1 1 15,0001 1 1 1 15,0001 RPTTA
8)lConsultinq Services (Contractor (Bond Arbitrage Rebate Calculation and R1 80,500 1 3,500 1 1 1 1 1 1 3,500 1 3.5001 RPTTA
9)IAgency Owned Property (Various contractors lProperty Maintenance and Insurance 1 30,000 1 6,000 1 500 1 500 1 500 1 500 1 500 1 500 1 3,0001 RPTTA
10)IAuditing Services IRAMS (Required annual auditing services 1 70,000 1 10,000 I 1 10,0001 1 1 1 1 10,0001 RPTTA
11)IConsulling Services )contractors 1Prof Svcs-Agency Disolution-Oversight 1 200.000 1 50,0001 1 10,000 1 10,000 1 10,000 1 10,000 1 10,000 1 50,000.1 RPTTA
12)1 Professional Services Ispecial Counsel (Successor Agencyand Oversight Board 1 140,0001 35,000 1 1 5.000 1 5,000 1 5,000 1 10,000 1 10,000 1 35,0001 RPTTA
13)ILow Mod Property Purchase (Housing Authority (Purchase property commercial district 1 463,167 1 463,1671 1 1 1 1 1 463,167 1 463,1671 RB
14)IGrand Terrace Project Area Iuccessor Agency-Contra12011A Band Indenture-Public Infrastrucll 13,510,568 1 500,000 1 1 1 1 250,0001 1 250,000 1 500,0001 BP
15)1 Southwest project area: infrastructure study and design) I I I I 1 I BP
16)1 Southwest project area: infrastructure construction I I 1 I I I 1 -I BP
17)1 Barton Road infrastructure improvements I I I 1 I I I' I 1 I BP
18)1 Michigan Street improvements:design and ROW acquisition I I I I I I 1 I BP
19)1 Michigan Street improvements:construction 1 1 1 I I .I 1 --I BP
20)1 Union Pacific/Barton Road bridge construction I I I I I I" 1 I BP
21)1 Strom drain and street rehabilitation: Van Buren,Pico,and Main Streets I I I I I 1 I BP
22)1 Mt.Vernon slope stabilization II I I I I 1 I BP
23)1 Vista Grande Park construction II I I' I I I I I I 1 BP
24)IGrand Terrace Project Area (Property Sellers 12011E Bond Indenture-Property Acquisitl 3.622,784 1 1.000,000 1 1 1 1 1 1 1,000,000 1 1,000,0001 BP
25)1 Land Assembly for Southwest mixed-use area I I I I I I I' I I BP
26)1 Land Assembly on Barton Road I I I I I I I I I 1 -I BP
27)12004 TABS Reserve I (Bond Reserve Requirement 1 1.300,000 1 1 1 1 1 1 1 1 -1 BP
28)12011A TABS Reserve I 18ond Reserve Requirement 1 1,280,8941 1 1 1 1 1 1 -1 BP
29)12011B TABS Reserve I (Bond Reserve Requirement 1 476,9061 1 1 1 1 1 1 -1 BP
30)1 I I 1 I I 1 1 I I I I 1
31)I I I 1 1 1 1 1 I I I I -1
32)I 1 I I I I I I I I I I
33)I 1 I I I I I I I I I I -
34)I 1 1 1 1 1 1 1 1 1 1 I 1
35)I 1 1 1 I I I 1 I I 1 1 1
36)I I 1 1 I I I 1 1 1 1 I
37)1 1 1 1 1 1 1 1 I I I I
38)I I 1 1 I I 1 1 I I I I 1
39)1 1 1 1 1 1 1 1 I 1 1 I
40)1 I I 1 1 1 1 1 1 1 1 1
Totals-This Page 1$ 149,884,860.001$ 6,648,345.001$1,159,388.001$25,500.001$30,500.001$ 265,500.001$23,000.001$5,141,457.00 $ 6,645,345.00
*Payment amount Is estimated,If exact payment amount Is not known.
••LMIHF-Low and Moderate Income Housing Fund;BP-Bond Proceeds;RB-Reserve Balances;ACA-Administrative Cost Allowance;RPTTA-Redevelopment Property Tax Trust Fund;0-Other