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Home My WebLink AboutResolution No. 11-R35RESOLUTION NO. 11-R35 A RESOLUTION OF THE CITY OF AZUSA REDEVELOPMENT AGENCY APPROVING AND ADOPTING A REVISED ENFORCEABLE OBLIGATION PAYMENT SCHEDULE PURSUANT TO AB 1X 26 WHEREAS, pursuant to the Community Redevelopment Law (Health and Safety Code Sections 33000 et seq.), the City Council of the City of Azusa ("City") created the Redevelopment Agency of the City of Azusa ("Agency"); and WHEREAS, the Agency has been responsible for implementing the Redevelopment Plan(s) for the Merged Central Business District and West End Redevelopment Project Area Redevelopment Project(s) covering certain properties within the City ("Project Area(s)"); and WHEREAS, on June 28, 2011, as part of the 2011-2012 State of California budget bill, companion bills Assembly Bill 1X 26 ("AB 1X 26") and Assembly Bill 1X 27 ("AB 1X 27") were enacted, which would dissolve the Agency, unless the City adopts an ordinance to participate in the "Alternative Voluntary Redevelopment Program" established by AB 1X 27 and pay an annual "community remittance" payment to the County of San Bernardino; and WHEREAS, on July 18, 2011, a Petition for Writ of Mandate was filed in the Supreme Court of the State of California in the matter of California Redevelopment Association, et al. v. Ana Matosantos, et al., Case No. 5194861 ("Legal Action"), challenging the constitutionality of AB 1X 26 and AB 1X 27 on behalf of cities, counties and redevelopment agencies and requesting a stay of enforcement of AB 1X 26 and AB 1X 27, pending the Supreme Court's determination of the legality of AB 1X 26 and AB 1X 27; and WHEREAS, on August 11, 2011, the Supreme Court issued an order in the Legal Action granting a partial stay of AB 1X 26, exclusive of Health and Safety Code Sections 34161 through 34167 (which suspend new redevelopment activity), and a complete stay of AB 1X 27, such that the City and the Agency cannot currently pursue new redevelopment activity under the Alternative Voluntary Redevelopment Program (collectively, "Stay"); and WHEREAS, although the Supreme Court's order granted a stay of enforcement of Health and Safety Code Section 34169 requiring the Agency to adopt an Enforceable Obligation Payment Schedule ("EOPS"), the Supreme Court did not grant a stay of Health and Safety Code Section 34167, which provides that 60 days after the effective date of AB 1X 26 (August 27, 2011), the Agency shall not pay any obligation not set forth in an adopted EOPS; and WHEREAS, because under the circumstances, the Agency may be limited to only making payments on obligations listed in an adopted EOPS after August 27, 2011, while the Stay is in place, the Agency is acting to adopt an EOPS by this Resolution; and WHEREAS, on August 18, 2011 the Azusa Redevelopment Agency Board adopted Resolution Number 11-R34 approving the Agency's EOPS; and 99999.914 58\6852652.3 WHEREAS, Resolution Number 11-R34 and the accompanying EOPS forms were posted on the City's Internet website and transmitted to the State Controller's Office, the California Department of Finance, and the Los Angeles County Auditor/Controller on August 23, 2011, and WHEREAS, since the adoption of Resolution Number 11-R34, several additional Agency obligations have been identified which were not included on the original list, necessitating a revision to the Agency's EOPS. NOW, THEREFORE, THE AZUSA REDEVELOPMENT AGENCY DOES HEREBY RESOLVE AS FOLLOWS: Section 1. Recitals. The Recitals set forth above are true and correct and are incorporated into this Resolution by this reference. Section 2. CEOA. Adoption of this Resolution is exempt from the requirements of the California Environmental Quality Act ("CEQA"), pursuant to State CEQA Guidelines (Title 14 California Code of Regulations Sections 15000, et seq.) Section 15061(b)(3), because it can be seen with certainty that adoption of the revised FOPS will not have a significant effect on the environment. The Agency Secretary is authorized and directed to file a Notice of Exemption with the appropriate official of the County of Los Angeles, California, within five (5) days following the date of adoption of this Resolution. Section 3. Approval of Revised FOPS. The Agency hereby approves and adopts the revised FOPS, in substantially the form attached to this Resolution as Exhibit A, consistent with AB 1X 26. The Agency is approving and adopting the revised EOPS pursuant to this Resolution in an attempt to comply with California Health and Safety Code Section 34167(h), so that the Agency may continue to meet its existing obligations during the pendency of the Stay. Adoption of this Resolution is not intended to be an acknowledgment or commitment by the Agency to the eventual dissolution of the Agency. The Agency reserves its rights to challenge the constitutionality, legality, application, enforcement or effectiveness of AB 1X 26 at all times in the future. Also, the Agency reserves its right to amend the EOPS in the future to make the FOPS more accurate. Further, the Agency does not intend to be bound by the EOPS, if AB 1X 26 is invalidated by the Supreme Court, or the City of Azusa proceeds pursuant to the "Alternative Voluntary Redevelopment Program" established under AB 1X 27, if both AB 1 X 26 and AB 1 X 27 are upheld by the Supreme Court in the future. Section 4. Posting: Transmittal to Appropriate Agencies. The Executive Director is hereby authorized and directed to post a copy of the revised EOPS on the City's website. The Executive Director is further authorized and directed to transmit, by mail or electronic means, to the Los Angeles County Auditor -Controller, the State Controller and the State Department of Finance, notification providing the website location of the posted EOPS and other information consistent with AB 1X 26. 99999.9145816852652.3 PASSED, APPROVED AND ADOPTED THIS 6th day of September, 2011. Aoep R. Rocha Chairperson ATTEST: Candace Toscano Agency Deputy Secretary I, Vera Mendoza, Secretary of the Redevelopment Agency of the City of Azusa, do hereby certify that the foregoing Resolution No. ll -R35 was duly and regularly passed and adopted by the Redevelopment Agency of the City of Azusa at a meeting thereof held on the 6th day of September, 2011, and was carried by the following vote: AYES: DIRECTORS: GONZALES, MACIAS, ROCHA NOES: DIRECTORS: NONE ABSENT: DIRECTORS: NONE ABSTAIN: DIRECTORS: CARRILLO, HANKS Candace Toscano Agency Deputy Secretary 99999.91458%6852652.3 REVISED ENFORCEABLE OBLIGATION PAYMENT SCHEDULE [Attached behind this cover page] 99999.91458\6852652.3 Revised EOPS Spreadshec Merged Central Business Dish West End Project Area September 6, 2011 Name of Redevelopment Agency: City of Azusa Redevelopment Agency Page 1 of 2 Pages Project Area(s) Merged Central Business District 8 West End Pmjw Ata REVISED 96-11 REVISED ENFORCEABLE OBLIGATION PAYMENT SCHEDULE Per AH 26 - Section 34167 and 34169 (1) PmeU Name/Debt Ol igation Payee Description Total Oulstandiig Debt or Olohnation Total Due During Fiscal Year Aug (2) sept P ants W month(3) Oct Nov Dec Total 1 Tax Moreton Bonds Bond Holders 2008 Sories A Merged A. Bonds 14)05231.00 575190.00 575.190.00 $ 575190.00 2 Tax Nictation Bonds Bond Holders 2003 Mer ed T.A. Rebinding Bands 11,855.163.00 814,780.00 814.780.00 S 814,780.00 3 Tax Allocation Bonds Bond Holders 2005 Merged T A_ Bonds 18,755,912.00 349,425.00 349,42500 S 349 425.00 4 Ci Advance City of Ansa Advancel57]645 Foothill/Krems Site 1]56.145.00 157950.00 7897500 S 78975.00 _5 Ci Advance City of Aquae Cry Adv./Autodealershi 9,088.33400 249660.00 124,840.00 E 124,840.00 6 1CrVAdvar. Ci of Azusa ON Adv./619-621 N. Azusa aIle BIO 227.052.00 7,490.00 3,745.00 S 3,745.00 ] RelmbAgreement Ansa Public Financing Authority Reimb Agrob2003 Refunding COP'a 4,437.007.00 357,590.00 178,795.00 $ 178,795.00 6 Housing Bonds Bond Holders 2008 Series B Housiont TA. Bands 25,499.067.00 816,535.00 408,267.50 $ 408,267.50 9 Tax Allocagpn Bonds Bond Holders 2007 Sedes A Tax Allocation Bonds 28,363.766.00 1,281,855.00 640,93250 $ 640.932.50 10 Tax Allocation Bonds Bond Holders 2007 Series B T. Allocation Bonds 8,590056.00 320,425.00 160,212.50 $ 160,21250 11 LM1 Advance RUA L. Mod Funtl L.Wbd AdvJBloc 36 Moud Uso 1,551135.00 1,551,135.00 775,667.50 S 775.567.50 12 CI Advance Ci LBW Fund Ci Advl$450V/ use 8 rat Reader Brd 499.425.00 99,885.00 49,942.50 S 49,942.50 13 Contract Purchase Omer Fai ale Came es Winter Halide Fiesta, 1.1)1 1000.00 1,00000 S 1000.00 14 Employee Costs Em to ees of en Pa iforem la ees 785,940.00 720.445.00 65,495.00 65,495.00 65,495.00 65,495.00 65,495.00 S 327,475.00 15 Arbitrage Comliance Urban Futures Arb1m a calculafon for Bonds 61100.00 5,100.00 $ 16 Price/Costco Note HDL DOROS Cone Sales Tax cunsuftin BCeiculations 21.000.00 2100800 $ _ 17 Pm Tax Cons.110 HDL Corer 8 Cone Tax invement and Pas through calculations 27 000.00 2] 000.00 $ $ Totals - This Page 1 orals - Paget Totals - Page 3 Totals - Page 4 Totals - Ober Obligations Grand total - All Pages (4) $12616933300 S 1,2]9029.02 S $ $ 80,631593.00 $208,074,955.02 11$ S 7,357,495.00 $ 65,495.00 $ 65495.00 $ 1472035.65 $ 64465.91 $282,565.82 $ $ $ S $ $ $ 2740035.00 S $ 11,569,565.66 $128,96094 $348060.82 S 66495,00 S 65,49500 S4.226,167,50 $151864.82 $156,56482 1 $ 99,507.98 $ $ $ $ $ 3 $ S S 1,3]0,01].60 %218,359.82 5222.060.82 $5695692.99 54489,147.50 $ 759970.38 $ $ $1,370,01].50 $6614,13538 Name of Redevelopment Agency: CiN of Azusa Redevelopment Agency Page 2 of 2 Pages PmjW AW(s) - Merged Central Business District & West End Project Area REVISED 9.6-11 REVISED ENFORCEABLE OBLIGATION PAYMENT SCHEDULE Per AS 26 - Section 34167 and 34169 (1) Project Name I Debt Obligation Payee Description Total Outstanding Debt or Obli ation Total Due During Fiscal Year Aug (2) Set Paments by month (3) Oct Nov Dec Total 18 consulting Services Lamm Sell B Lun ham Audit Services 16,OW.W 16.000.00 18,000.00 $ 16,00000 19 Bambinos FFE Bambinos Pius Furniture FiN res &Equipment Loan 35,000.00 16.442.16 16442.16 $ 16,44216 20 ENA A mtl Dinwn North A2A3 Lewis Retail Centers Potential Liquidated Damages 10,000.00 10000.00 $ 21 Redev Consulting Services Urban Futures Proect Adminishati 325000.00 297,913.00 27,083,00 27.083.00 27,08300 2],083.00 27,083.0 $135415.W 22 Appraisal Services RP Laurain Prop Appraisal 975 W. Foothill D -Club 220000 22W.00 2,200.00 $ 2,200.00 23 Appeasal Services Re Laurein Pride Appraisal San Gabriel Ave (B;k 37 7,00D.00 7,000.00 7,000.00 $ 7 000.00 24 0 er ConvenantA and APPLE SOCAL LLC lebeVsD gratin Covenant Payment 200,000.00 2000.00 200.000,00 $200,000.00 25 Envornmental Services LSA Atlantis Garden CEOA Stud 37,800.00 11,309.00 1130.00 $'11,30900 26 Consulli Services Impact Sciences Alliance Garden S c4ic Plan 14,&50.00 12.790.00 12 790.00 5 12.790.00 27 ENA Allatht Garden Me HousingPotential Liquidated Damages 50,000.00 50000.00 W,W0.00 $ 50,000,00 28 ENA Enle rise Kul Park&Associates Hotel Appraisal 15,000.00 15,00.00 15,000.00 $ 15,00.00 29 DDA WAlameda Hsn Pro" Ci Ventures LLC Potential Li uitlated Damages 25,000.00 25.WO.00 $ 30 DDA Azusa/AfrowH The Charvat FamilyLLC Potential Li uidaled Damages 50,00000 50,OW.00 50,000.00 $ 50,OW.00 31 Consultin Services Overland Pacific &Cater Inc. Atlantis Garden Replace HandPlan 3552.50 3.552.0 3,552.50 $ 3,552.50 32 Contract Purchase Order ENL Services R", of AgenPro 20.040.00 20,04000 1670W 1670.00 1670.00 16]0.00 $ 6660.00 33 Contract Purchase Order Miss Azusa ScholarshipPlatinum Miss Azusa B Miss O eamten Teen Azusa 15,0000 15,00.00 15,0000 $ 15,000.00 34 Le al Services Best Best B Kne cr Redevelopment Legal Counsel 400,000.00 400.00.00 33,333.00 33333.0 33,333.W 33333.00 33.333.00 $166,665.00 35 Agency Operations Verizon Reader Board Month UtilityBill 625.00 625.00 125.0D 12&0 - 125.00 125.0 125.00 $ 625.00 36 Agency Operations Verizon Cell Phone for Redev. Pro'. Mgr. 500.00 50.00 100.00 100.00 100.00 100.00 100,00 $ 500.00 37 Agency Operations Iron Mountain Months Records Storage 580,00 580.00 0.00 145.00 145,00 145.00 145.0 S 580.00 38 O mfivms National Conshuchan Rental free. S Fence 16-718 N. Dahon Av 1,312.00 1312.00 282.44 262.44 262.44 262.44 262.44 S 1,312.20 39 en O moons AT&T Fee Machine 120.00 120.00 10.00 10.00 10.00 10.00 10.00 $ SO.W 40 en Operators National Construction Rentals, Inc. Security Fence Choi Pro 500.00 5W.0 500.00 $ 500,00 41 en Operations Azusa Light B Water Utilitycosts 2,749.52 274952.00 68].38 687.38 687.38 667.38 $ 2,749.52 42 A en O eetions Fed Ex PackageDelivery200.0 200.00 50.00 50.00 50.00 50.00 $ 200.00 43 DDA Azusa/A1mw AAJ or Three D Service Co. S Demolition of 17511 E. Arrow Five, 25000.00 •25,00.00 25,000.W $ 25000.0 44 en Operations Office Depot Office supplies 1.000.00 1,000.00 0.0 100.0 1W.W 10.00 100.00 $ 40.0 45 AdveNsin San Gabriel ValleyTribune Advertisingand Public Notices 12,00.00 12.00.00 3,000.00 3,000.00 3000.00 3,00000 $ 12,000,00 46 Travel and Meetin E nses US Bank Tavel and MeetingExpenses 3000.00 3,000.00 1,00.0 2,000.00 $ 3,000.00 4] $ 48 $ 49 $ 50 $ 51 $ 52 $ 53 $ 54 $ 55 § 56 S $ Trials This Page (4) $ 1,2]4,029.02 $1,472,03566 $ 64,465.94 $282,565.82 $151,864.82 $156,565.82 § 99.507.88 $]54,970.36 (1) This Revised Enforceable Obligation Payment Schedule (FOPS) amends the schedule adopted by Me Azusa Redevelopment Agency on August 18, 2011. It is valid through 12/31111. It is the basis for the Preliminary Dmtt Recognized Obligation Payment Schedule (ROPS), which mural be prepared by the dissolving Agency by 9130111 - (The draft ROPS must be prepared by the Successor Agency by IWall 1.) If an agency adopts a continuation eminence per ABX1 27, this EOPS will not be valid and there is no need to prepare a ROPS. (2) tncludes only payments to be made after the adoption of the EOPS. (3) All payment amounts are estimates, (4) Items 35 through d6 on Page 2 of this Revised Enforceable Obligation Schedule for the Merged Central Business District and West End Project Area were added pursuant to Agency Resolution Number 11-R35 adopted September 6, 2D11) (6) At the time that Resolution Number 11-R35 was adopted, the Agency had received two bids for the demolition of the improvements at 17611 E. Arrow Hwy pursuant to an enforceable Agency DOA. The enforces ble obligation shown reflects me higher of the two bids. The Pavee will be one of the two firms shown fo Iowi a the award of centreat. Name of Redevelopment Agency Azusa Redevelopment Agency Page 1 of 1 Pages Project Area(s) Merged Central Business District& West End Project Area REVISE09-6-11 OTHER OBLIGATION PAYMENT SCHEDULE Per AB 26 - Section 34167 and 34169 (1) Total Outstanding Total Due During Payments by month (3) Project Name l Debt Obligation Payee Description Debt or Obligation Fiscal Year Aug (2) Sept Oct Nov Dec Total 1 Pass Thmu h Est. County Pass -Through /Admin 69,395,083.00 2,563.050,00 1281,525.00 $1281,525.00 2 Pass Through Est. Statutory Tax Sharing Pass -Throw h 11236,510.00 176,985.00 86,492.50 $ 88.49250 3 g 4 $ 5 $ 6 $ 7 $ 8 $ 9 $ 10 $ 11 $ 12 $, 13 g 14 $ 15 $ 16 $ 17 $ 8 $ 19 $ 20 $ 21 $ 22 $ 23 S 29 $ 25 $ 20 $ 27 $ 28 $ Totals - Other Obligations 6 80631593.00 2,760,0]5.00 is E $ E 1,J)0 Ot7.50 E1J70017.50 (1) This Revised Enforceable Obligation Payment Schedule (EOPS) amends Ne schedule adopted by the Azusa Redevelopment Agency on August la, 2011. it its valid through 12/11/11. it Is Ne basis for the Preliminary Draft Recognized Obligation Payment Schedule (ROPS), Much must be prepared by Ne dissolving Agency by 9/30/11. (The draft ROPS ..at be prepared by me Successor Agency by 11/30111.) If an agency adopts a continuation ordinance per ABXt 27, this EOPS will not be valid and there is n need to prepare a ROP$. (2) Include only payments to be made after the adoption of Ne EOPS. (3) All Payment amounts are estimates. Id) No Items have been added to Nis Revised Other Obligallon Schedule for the Memed Central Business District and West End Pro ectArea pursuant toA encu Resolution Number It-RJS adopted Se ember62011 Revised EOPS Spreadsheet .Ranch Center Project Area September 6, 2011 Name of Redevelopment Agenc, Azusa RedevelopmeM Agency Project Ama(s) Ranch Center Project! Area ENFORCEABLE OBLIGATION PAYMENT SCHEDULE Per AS 26 - Section 34167 and 34169 (1) Pagel of 1 Pages REVISED 9-6-11 Total Outstanding Project Name I Debt Obligation Payee Description Debt or Obligation Total Due During Payments by month (3) Fiscal Year Aug (2) Sept pct Nov Dec Total 1 City L&W Enterprise Loan City of Azusa L&W Fund 25 -Year Secured Note - Revolvin 2,117029.00 151,455.00 151,445.00 $151,445.00 2 City Loan CRY of Azusa Unsecured Note - Due City 492680500 125,590.00 125,590.00 $125,590.00 3 Sales Tart Reimbursement Cd of Azusa Sales Tax Due City 1,508,508.00 15,880.00 15,880.00 $ 15,88000 4 Cky L&WEnterprise Loan CRX of Azusa L&W Fund Advance/Rehabilitation Improvements 11840,478.00 77,715.00 77 715.00 $ 77,715 00 5 IERAF City of Azusa tPayment for ERAF 8,525.00 8,525.00 8,525.00 $ 8,52500 6 $ 7 $ 8 $ 9 $ 10 $ 11 $ 12 S 13 $ 14 $ 15 $ 16 $ 17 $ 18 $ 19 $ 20 $ 21 $ 22 $ 23 $ 24 $ 25 $ 26 $ 27 $ 28 $ 29 $ 30 $ Totals - This Page $ 10,401,345.00 Totals - Page 2 $' Totals - Page 3 $ Totals - Page 4 $ Totals- Other Obligations $ 4,309,747.00 Grand total - All Pages (4) $ 14,711,092.00 $ 379,165.00 $ $297,035.00 $ $ $ b $ $ $ $ S $ $ $ $ 8 $ $ $ $ 95215.00 $ 8 $ $ $ 474,380.00 11 $ - $277,035.00 �$ - $102120.00 $ $ $ $ 47607.50 $149,72250 $379,155.00 $ $ $ It 47,607.50 $426,76250 ' (1) This Revised Enforceable Obligation Payment Schedule (EOPS) amends the schedule adopted by the Azusa Redevelopment Agency on August 18, 2011. it Is valid through 1V31111. It Is the basis for the Preliminary Draft Recognized Obligation Payment Schedule (ROPS), which must be prepared by the dissolving Agency by 9130111. (The draft ROPS must be prepared by the Successor Agency by 11130111.) Ifan agency adopts a continuation eminence per ARX1 27, this EOPS will not be valid and there Is no need to prepare a RODS. (2) Include only payments to be made after the adoption of Me EOPS. (3) All payment amounts are estimates. (4) No hems have been added to this Revised Enforceable Obligation Schedule for the Ranch Center project Area pursuant to Agency Resolution Number 11-1135 adopted September 6, 2011 Name of Redevelopment Agenc• Azusa Redevelopment Agency Project Area(s) Ranch Center Project Area OTHER OBLIGATION PAYMENT SCHEDULE Per AB 26 - Section 34167 and 34169 (1) Paget of 1 Pages REVISED 96.11 Total Outstanding Total Due During Payments by month (3). Proed Name l Debt OU19aftion Payee Description Debtor Obligation Fiscal Year Aug (2) Set Oct Nov Dec Total 1 Pass Through Areement Azusa Unified Pass Throu h 293464.00 7,300.00 3,650.00 $ 3650.00 2 Pass Through Areement Citrus College Pass Through 160,37300 1,225.00 612.50 S 612.50 Pass Through Agreement IA County Admin Pass Through 3.855,910.00 86,690.00 43,345.00 $ 43 345.00 __31 4 $ 5 $ 6 $ 7 $ 8 $ 9 $ - 10 $ $ 12 $ 3 $ 14 3 15 $ 6 $ 17 $ 8 $ 19 $ 20 $ 2M1 $ 22 $ 23 $ 24 $ 25 $ 26 $ 27 $ 28 )1 Totals - Other Obligations 4 $ 4,309.747.00 $ 95 215.00 1 $ Is $ 47_607 .50 $ 47 607.50 (1) This Revised Enforceable Obligation Payment Schedule (EOPS) amends the schedule adopted by the Azusa Redevelopment Agency on August 18, 2011. It is valid through 12/31111. it Is the basis for the Preliminary Draft Recognized Obligation Payment Schedule (ROPS), which must be prepared by the dissolving Agency by 9/30111. (The draft POPS must be prepared by the Successor Agency by 11/30111.) If an agency adopts a continuation ordinance per ABXt 27, this EOPS will not be valid and there is no need to prepare a ROPS. (2) Include only payments to be made after the adoption of the EOPS. (3) All payment amounts are estimates. _ 4 No hems have been added to this Revised Other Obligation Schedule for the Ranch Center Project Area pursuant toAgency Resolution Number i i -R35 adopted September 6. 20111