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04-20-2016 CI Y OF -GRAND '[ ERRACE AGENDA & STAFF REPORTS ' ' - FOR THE " , REGULAR.MEETING OF THE OVERSIGHT:BOARD FOR THE SUCCESSOR AGENCY " ' - ;TO THE FORMER COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF GRAND TERRACE " WEDNESDAY,APRIL. 20, 2016 - 4:00'p.m. Regular Meeting , ' COUNCIL CHAMBERS _ , ' GRAND TERRACE CIVIC CENTER-22795 BARTON ROAD GRAND TERRACE,CA 9 , -# l bp I , t .,' - � Titl \ , Darcy,'McN�aboe, Chair ' huck Morga, Vice Chair , • - bbie Forbes, Board Member ' -Cindy Saks, Board:Member ," Lawrence P. Strong, Board Member - ' -- ` Adreane Freeman, Board Member , • G. Harold Duffey, City Manager ' _ ' . ' Baron Bettenhausen, Assistant City Attorney ' Pat.Jacquez-Nares, City Clerk , - < • Cynthia A. Fortune, Finance Director ,' ' Sandra Molina, Community Development,Director _ - The Oversight-Board for the.Successor Agency meets on the First and Third Wednesday of each month at 4:00 p.m. ance Information by ROPS Period 12/31/10 or after 01/01/11 retained period(s) interest,etc. Admin Comments II' 0 ROPS 15-16A Actuals(07/01/15'-92131/15) 2 1 Beginning Available Cash Balance(Actual 07/01/15) N 19,639,913 co 2 Revenue/Income(Actual 12/31/15) d RPTTF amounts should tie to the ROPS 15-16A distribution from the IY County Auditor-Controller during June 2015 a 1,420,068 a 3 Expenditures for ROPS 15-16A Enforceable Obligations(Actual rn 12/31/15) Q `o N in 1,420,068 0 o 4 Retention of Available Cash Balance(Actual 12/31/15) o RPTTF amount retained should only include the amounts distributed as y reserve for future period(s) m 5 ROPS 15-16A RPTTF Balances Remaining - - , 'No entryr'equired ' ' c 6 Ending Actual Available Cash Balance - CtoG=(1+2-3-4),H=(1;+2-3-4-5) - $ - $ 19,639,913 $ - $ $ - $ - ROPS 15-16B Estimate(01/01/16-06/30/16) .. Wo 7 Beginning-Available Cash Balance(Actual 01/01/16) - _ yl (C;D,E,G=4+6,F=H4+F4+F6,and H-=5+6)- , o $ - $ 19,639,913 $ - $ $ $" O 8 Revenue/Income(Estimate 06/30/16) CZ RPTTF amounts should tie to the ROPS 15-16B distribution from the County Auditor-Controller during January 2016 975,280 1) 9 Expenditures for ROPS 15-16B Enforceable Obligations(Estimate i— 06/30/16) 975,280 10 Retention of Available Cash Balance(Estimate 06/30/16) (9 RPTTF amount retained should only include the amounts distributed as reserve for future period(s) E 11 Ending Estimated Available Cash Balance(7.+8-9-10) u . $ - $ '19,639,913 $ - $ $ - $ - , ,_IPacket,Fg:1]. 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