HomeMy WebLinkAboutResolution No. 12-R8RESOLUTION NO. 12-118
A RESOLUTION OF THE SUCCESSOR AGENCY OF THE
FORMER REDEVELOPMENT AGENCY OF THE CITY OF
AZUSA APPROVING AND ADOPTING AN AMENDED
ENFORCEABLE OBLIGATION PAYMENT SCHEDULE
PURSUANT TO AB 1X 26
WHEREAS, because Successor Agency of the former Redevelopment Agency of the
City of Azusa ("Agency") adopted the "Enforceable Obligation Payment Schedule" ("EOPS"),
Resolution No. 12-R4, dated January 23, 2012, and is operative only through June 30, 2012, the
previously adopted EOPS needs to be amended to be operative at least through July 31, 2012, so
that the Agency may continue to meet the Agency's enforceable obligations, all as required by
Health and Safety Code section 34169, and
WHEREAS, all other legal prerequisites to the adoption of this Resolution have
occurred.
NOW, THEREFORE, BE IT RESOLVED, determined and ordered by the Successor
Agency of the former Redevelopment Agency of the City of Azusa, 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 Compliance. The amendment of the EOPS through this
Resolution does not commit the Agency to any action that may have a significant effect on the
environment. As a result, such action does not constitute a project subject to the requirements of
the California Environmental Quality Act. 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 Amended EOPS. The Agency hereby approves and adopts
the amended EOPS, in substantially the form attached to this Resolution as Exhibit A, so that the
Agency may continue to meet its enforceable obligations, all as required by Health and Safety
Code section 34169, during the time period from January 1, 2012 through July 31, 2012. The
Agency reserves the right to further amend the EOPS in the future to make the EOPS more
accurate.
Section 4. Posting; Transmittal to Appropriate Agencies. The Executive Director
is hereby authorized and directed to post a copy of the EOPS on the City's website. The
Executive Director is further authorized and directed to transmit notice, by mail or electronic
means, to the Los Angeles County Auditor -Controller, the State Controller and the State
Department of Finance, providing the website location of the posted EOPS and other information
as required by AB 1X 26 regarding the Agency's adoption of the amended EOPS.
Section 5. Effectiveness. Agency approval of the amended EOPS pursuant to this
Resolution shall not be effective for three (3) business days following the date of adoption of this
Resolution, in accordance with Health and Safety Code Section 34169,
PASSED AND ADOPTED at a regular meeting of the Redevelopment Agency of the
City of Azusa on the 27th day of February, 2012.
Aoseph R. Rocha, Chair
ATTEST
�Clil .Ga?_
Vera Mendoza, Secretary
I HEREBY CERTIFFY that the foregoing Resolution No. 12-R8, was duly passed and
approved, and adopted by the Board of Directors of the Redevelopment Agency of the City of
Azusa, at a regular meeting of said Board held on the 27th day of February, 2012, by the
following vote of the Board:
AYES: BOARDMEMBERS: GONZALES, CARRILLO, MACIAS, HANKS, ROCHA
NOES: BOARDMEMBERS: NONE
ABSENT: BOARDMEMBERS: NONE
i
era Mendoza, Secretary
EXHIBIT A
AMENDED ENFORCEABLE OBLIGATION PAYMENT SCHEDULE
[Attached behind this page]
Name of Redevelopment Agency: City of Asusa Redevelopment Agency
Paget a12
Projep Areet.) Merged Central Stand... Dishiq O Weal End Protect Ana
REVISED 02122112
REVISED ENFORCEABLE OBLIGATION PAYMENT SCHEDULE
Per AB 26 -Section 34167 and X769 (1(
Prelea Name l Debt OMigaten
Payee
Desorption
Total Omslaading Total We Omit,
Debt or Obligation Period
Au92011(2)
Se
OM
Nov
Dec
Jan 2012
Payments by mentD (3)
Feb Mar
Apr
Me
Jun
Jul
Total
1
Tax Allocated Bonds
Bond Holders
200B Sena. A Me ed T,A Bonds
S
14,705231 E
906,682
f 328.694Advanced
by C'
$ 246494
Ativanmtlb
S
331,494 S
908.682
2
Tax Allocation Bontls
Bond Holders
2003 Named T.A. Refundin Bonds
11.055,163
1,4]5,0]0
648,690
Advadood by City
S 166.090
Aphoaddidd by Cd,
881,090 E
1,4]5,870
3
Tex Allocation Bonds
Bond Holders
2005 Merged T.A. Bonds
18755,912
524,139
174,713
Advencadb C
$ 7 713
AWanatlb
174,713 S
524,139
4
Ci Advanca
C' of Pzusa
Advamad577E45 FnAddlMiems Site
1.]56,145
15],956
13.163
f 13.183 E
13.163 E
13.163
i 13 163
f 13,163
S 13,163
f 13,163 S
13163 E
13.163
S 13.163
13,163 S
15].958
5
City Advance
City of Aauca
City A&JAulodealersni
9.088331
249,684
2080]
f 20.807 $
20.807S
20.807
E 20,807
f 2oB07
E 30,8D7
f 20.807 E
2080] $
2080]
§ 20.81)]
20.807 E
249884
6
C Advance
Ci of Abusa
Cil Adv.ffil M21 N. Azuea ale Bldg)262,380
7490
$ 3,745
E 3,745
0 $
7490
7
named A regiment
Agus. Public Fire an Aici
Raimb AgroptcH303 Refunding COP's
4437,007
659,699
293,849
f 2000,
S 61,925
301,925 $
659.699
8
Housing Bonds
Bond Holders
2006 Series B Housed T.A. Bonds
25489,06]
1384.031
503,323
Adyeressof by City
S 375354
Advancedb C
505,354 E
1384,031
9
Tax Modified Bonds
Bond Holders
2007$adds A Tax Allamton Bonds
28.363,766
2,141,887
551.841
1 Advwnftd by Go
f 430,023
1 AdvadoadbyChy
1
060023 E
2,141.887
10
Tax Allara4on Bonds
Bond Holden
2007 Sanas B Tax Allocation Bonds
0,590,056
529.845
206,201
Adanded by Ci
f 114,222
Advadred by City
209,222 E
529,645
11
LMI Advance
RDA Low Mod Fund
LovAMod AdvJBlock 36 Mixed Use
1.610,635
0
0 E
12
CityrAdvance,
Ci LBW Fund
City Adv1$I5(AJAausa B let Reeder Bell
499425
99,885
f 49943
S 49.942
0 $
99,085
13
Contract Puromed Omer
Fairyland Cama s
Writer Hada Fiord
1,000
1000E
1800
0 $
1,000
14
Employed Losts
E ees WAgin
Pa (fore Dees
392,970
392.970
65.495
S 65,495 E
65,495 $
65,495
E 65495
f 65,495
0 $
392,970
15
AnodyeComisdca
Adrdra,Compilers,B Bloodstains
Arbitrage MIMAJdan for Bonds
6,100
6.100
S 3,325
E 2 ,000
]]
f 5
0 S
6,100
16
Pddx1COMm Nete
HDL Coren B Cone
Sales tax oodm5in Brelalations
21,000
22,200
0
S 3,900 S
305 $
S 2,100
E 21100
E 2.600
f 2.500 §
2,500 f
2.500
$ 2,495
1.200 S
22.20D
17
property Tax Consults
HDL Co.. 6 Cone
IT. Increment and Pass thini calculator.
2,700
2.700
0
f E
S
S 1,220
f
E
E f
f
1.480
f
0 f
2700
S
Totals - This Page
Totals - Paget
OMi9aton.801593
Grand total -AlPages
§ EE
..4125. S
So S
63
8..561938
324
.6
4008
,5
9
E 3,10,776
147,41)
S, , 9
EE 106.690 S
S 463300 E
E
100.770 E
238.183
S
9
99465
1 9]
5
E 158,473
S 258912
f 1.3]00 6
f t01
f 1.672,386
218564
$ 36,,570
'682
06
.
$ 37,245 S
S 23313 E
S
5
M 47 S
190,843 f
37,950
181,681
1,3]0,015
9
S 90,152 S
E B78,733 E
E S
3,078,991 E
S
0.56501..95398
,24Tpm6-Other 0623
0,
2]OJ6
]
Name of Red"opmem Agency: city of Acute Redevelopment Agency Pape 2 of 2
Project d,mw Merged Central Business cleared E West End Project Area
SENSED UL22112
REVISED ENFORCEABLE OBLIGATION PAYMENT SCHEDULE
Per AS 26 - Section 36167 and 34169 (1)
P 'ed Name)Oebl Obapeeon
payee
DezWp0on
Total Culznnding Total Due DUMP
Deal or OMi aeon Period
1wg 2011 (2)
Sam
Oat
Nov
pec I
Payments
Jen 2012
month )
Feb
Mer
Apr
May
Jun
Jul
Total
18 C.nwhn Sernceo
Lance Sell a Lunharl
Audit Services
f
21,500 f
21,500
f
10.500
f
5.500
E
5,500
f
f
21.500
19 Beme.mr FFE
Bambino's P@ca
FumiWre Fislures&Equipment Loan
s
35000 $
16,442
16.442
o $
16.442
20 ENA tnd Drawn NOM ANA3
21 Ratev ConsuNn Services
22 Amaditud Series(
23 Aporl Service.
Levis Read Comers
Urban Futuna
RP launm
RP "brain
Potemiel Li uidated Dtma es
Project Administration
Pmp Appubtal 975 W. FeOW1 rl(dum
Pro, Appraisal San Gabriel Ave M 37
S
S
S
S
18,558 S
85.000 5
2.200 S
7.000 S
10,558
145.415
2.200
7.000
27081
27,083
27.083
2.200
7.000
27.083
27,063
0
18,558
10.000
0 S
0 S
0 S
0 f
18,558
145,415
2.200
7000
24 Ober ConvmanlA mn
APPIE SOCAL LLC
APPedaiO tin Covenant Pal
E
2004000 S
2004000
200,000
0 S
200.000
25 Enviommenlal earn.,
LSA
Atianlls Garden CEOA Study
S
37.800 S
11,309
11,309
0 f
11.309
26 Cemudlin Service.
Impact Silences
Atlanta GemenS edfic Pion
S
14.050 S
12,700
12.790
0 $
12.790
27 ENA AOemis Gamer
Me N. no
Potential Liquidated Damages
E
50.000 E
50.000
1
50.000
0 E
50.000
28 ENA (Enty a
Kill Ped5c 6 Mirecates
Hotel Abi
f
15.000 5
15.000
15.000
0 5
15.000
29 DDA (Neelhadint Han Pr'
city VenWna LLC
Polaroid li uidetad Dama es
S
25,000 S
25.000
25.000
0 S
25.000
30 DM AxusMMawH
The Chervil Fe LLC
Potential li uidated Dame ao
S
50000 S
WON
50.000
0 )
50.000
31 Comm8ln Service.
Overlord cable B Cutler, Inc
Adores Gamen ReplbbaHan Plan
f
3,553 E
3553
3.553
0 S
3.553
32 contract Purrxuae Order
E & L Servicer,
Rome, of Agency Pm
$
20,040 E
20.040
14670
1,670
1,670
1,670
1.6]0
1.6]0
1.670
1.670
1.670
1.670
1 6]0
1,6]0 f
20.010
33 Comrad PurchaseOrder
Miss Azusa SnoleMi Pm nm
Mie. Acura B Miss Outstandin Teen Azusa
S
15,000 E
15000
15,000
0 f
15.000
M Legal Serums
35 Agency, O erauont
IL Agency O mationf
A an aretipna
Best Sao &Ma err
Verizon
Vmixon
Iran Mountain
Redevelopment Le el Counsel
Reeder Boom Monthly Wity 9111
Ceti Phone for Reaev. Pro'. MI,
M Recerda Sups e
$
S
$
f
400.000 5
1,500 $
600 i
1.450 f
400,000
1,500
600
1,450
33,333
125
100
0
33,333
125
100
145
33333
125
100
145
33,333
125
IN
145
33333
125
100
145
33,333
125
100
145
33,333
125
145
33,133
125
145
33.333
125
145
33.333
125
145
33,337
125
145
334333 $
125 $
p $
0 S
400.000
1,500
No
1,450
M Aen rain,
39 Aq.c,y 0,andeden,
40 Agency ration.
National ConsWdlon Rental, Inc.
AT&T
National Cons9udion Renata, Ina
Security Fence 16710 N. Dalton Av
Fn Medcne
Securer, Fence (Choi Prov
$
$
$
3,144 S
120 S
1000 5
3,144
60
1000
262
101
262
10
282
101
262
10
262
101
500
262
101
262
262
1
262
262
262
500
262 $
0 S
0 S
3,144
60
1,000
41 Agenc, O Bona
42 Agency eretiens
13 DDA AzusatArrowH
Azusa lJ h&Water
Fed Ea
PAJ
utflety nista
Pella a Dower,
Demolition of 17511 E. Arrow
f
f
f
7,900 E
200 5
27,800 $
7,238
200
27,1300
658
655
50
650
50
27,800
658
50
658
50
658
650
656
650
658
658
0 3
0 5
0 E
7238
200
2].000
44 A en O enation,
45 Advarmar
46 Travel and MeetingEx arses
47 Bored Mooradian.
Me. Debtor
San Gabcal Voll Tribune
U6 Bank
Weld Fargo Sent,
Orcco supplies
Adveredn and Public Notices
Travel and Meaen Ex mea
Trustee Admbuebation Chames
3
s
S
$
100 E
8.000 E
3.000 s
14,000 f
600
12000
].Wo
18000
0
4,000
100
3,000
1000
100
3.000
2.000
100
],000
2,500
100
3.000
5000
2,500
0 E
0 S
0 $
4,000 E
400
12.000
3,000
18,000
48 CaMnui Oiaebsurea
Urban Futures
Comimuln Node...
S
9.250 f
9,250
9.250
0 f
9.250
49 gond AdmuYseceon
50 Adedown eeve Fees
Bank of New Ywk Mellon
cut, of Ae..
Trude, Adorn eh90on Clm e
Suce<ssorA en AdminisvaOve Fees
f
f
1,550 f
104167 S
1.550
104.167
1.550
104,167
0 E
0 E
1,550
104.167
51 Inturence Fea/Premiums
52 PrortTues-Hamza
ICRMA
Loa An ales come Tae Celibate,
Inauranca (Usbilil Coven e
Property T ... a -Former Tenant
S
S
20.000 $
4,17 E
20.000
M]
13]
10000
1
155
155
10,000
0 $
0 S
20.000
44]
53 Price Coma Devalp erA nement
Price Famil
Set.. Tax All.cl Nate
f
12.102,568 5
745,100
74.100
71]30
70,600
154470
120,600
179.500
74,100 f
745.100
54 Sales TU Allacm. Note
cit, of Azusa
Galas Tax Alloeaeon Note
E
2.013,000 E
671,000
108.450
106000
146,840
70,400
99,100
100450
32,760
f
871.000
55 Note Pe abo-Price
56 SERAF-FY 2010.11 Loan
57 Une ant 9ene61s
58 Tamnation Gose
C' of Azusa
C of Azu;a
EDD
Former Employee.
Saler Tu Due C
FV 201011 SERAF Payment to Slate
Unem inem coon to foram RM em efts
Tmninetion mals to tonne, RDA employees
f
f
f
f
22.413,)44 E
536010 S
140,400 E
36.700 5
536,010
34,200
30700
2.523
21535
2.548
2,%1
2574
2,586
36,700
2.599
SAW
2.612
5,400
2.625
5.400
2.638
6.750
1
510,209
5,400
0 3
0 f
SeSit f
al 5
536,010
34.NQ
36700
Total. - The Pape
S
38.691,471 5
3,248.623
E 147.417 S
483,388 E
238,183 E
147,097 f
253,692 S
215,844 E
168,292 $
226,313 f
19&aa3 S
181.6811$
878,733 1 E
119.360 15 3.248.623
(1) Thi. Revived Enforceable Obligation Payment Sohodule (EOPS) amends the fehadule adopted by Ne Ams. Redawlopment Agency on January 23,
(2) Inducts only payments to be made after the adoption of the EOPS.
012. It is valid Mrough 07131112
(3) All Payment amount. m utimated.
Name of Red ... lopmem Apen, Aausa Redevelopment Agenry
Pape I of l
Probes 7414x(5) Merited central Business dsmo 8 West End Project Ana
REMSEDOWW2
OTHER OBLIGATION PAYMENT SCHEDULE
Per AB 26 - Section 34167 and 14169 (1)
LLeft,
Ouatandi0g Total Due Wnnp
Payments menti ]
N ... Debt Old ..... nTotal
eft, Name/Debt OMipauon Payee
De.or Oon Debt or Obliation Period Aug Nit(2) Se Oct
Nov Dec Jan 2012 Feb Mar Apr
May - Jun
id
TOW
1 Pus Three h
Est. Ooun Pess-Throu hlAdmit E 693135 083 S 2.563.050
3 1381.525
$ 1.281,525
3
2.56],0.50
2 PassTh n
Eel Statum TU Shenn pnrThrou h 11336.510 176.986
U493
85,493
S
1)6996
3
S
4
S
f
107
S
$
S
11
S
12
S
3
S
4
$
5
$
6
S
17
$
18
3
8
$
20
S
21
$
zz
s
23
S
21
$
25
S
28
$
27
$
26
f
TOW. -altar Obli radon[S
806]169] y 2.740.016 f f s
$ S 1.370,018 16 1 $ 3 S
$ 1,370.018 S
E S
2.)x0.0]6
(1) Thi. Revised Ertfomubb Obligation Payment Schedula (EOPS) emends the schedule adopted by the Azusa Redevelopment Agency on January 23, 20121t is Wid through 0741f201L R Is Me basis forth.
Draft Recognized Obligation Payment Schedule (ROPE).
(2) Inolude only payments to be made after the adoption of the EOPS.
(3) All p."M.moums....berate..
Name of Redevelopment Agency: Azusa Redevelopment Agency
Page 1 of 1
Project Areas) Reath Center Project Area
REVISED OL2L12
ENFORCEABLE OBLIGATION PAYMENT SCHEDULE
Per AB 26. Section 34167 and 34169 (1)
Total Outstanding
Project Name / Debt Odi abon Payee Description Debt or Consistent
Told Due During
Period
Aug 2011 (2)
Sept Do
Nov
Dec
Payments by month ]
Jan 2012 Feb
Mar
AV
May
Jun
JU
Total
1 City L&W Endiamnse Loan Chy of Aiusa L&W Fund 25 -Year Secured Note - Revolving S 2.128.868
$ 151,445
$ S
$
$
E $
S
$
$
E
151,445 $
S
151.445
2 City Loan Qty of Azure Unsecured Note - Due City 5.187.363
125,590
0
0
0
0
0
0
0
125,590
0
0
125.590
3 Sales Tex Reimeumemant City of Azusa Sales Tax Due City 1.508.508
15,880
0
0
0
0
0
0
0
15,880
0
0
15.680
4 City L&W Entimpase, Loan City aAcusa L&W Fund Advance/Rehabiluation Improvements 1,902,068
77,715
0
0
0
0
0
0
0
77]15
0
0
77,715
5 SERAFFY 2010-11 Loan City of Azusa FY 2010-11 SERAF payment to Stale 8.927
6.927
42
43 43
43
43
44
44
44
44
8,537
0
0
8.927
6
7
8
9
10
11
12
13
14
15
16
17
16
19
20
21
22
23
24
25
26
27
28
29
30
(1) This Revised Froomeable Obligation Payment Schedule (EOPS) amends the schedule adopted by the $ 10,735.732
Totals - Other Obligabons S 4.309.747
Grand total -AII Pa es $ 16,046.479
S 379,557
S 103,294
S 482,861
$ 42 E
$ $
S 4213
431$ 431$
S
43R5 43
43 1
S Is
S ci
$ 43 $
47.608 S
5 41,661 E
44 $
E
N f
44 $
E
"is
44 $
S
441$
441$
E
441$
379,1671$
S
379.1671$
Is
S
1 S
E
E
S
379,557
103.294
482.861
(1) This Revised Enforceable Obligation Payment Schedule (EOPS) amends the schedule adopted by the Axusa Redevelopment Agency an January 23, 2012. It Is valid through 07/11/12.
(2) Include only payments to be made after the adoption vl the EOPS.
(3) All payment amounts are estimates.
Name of Redevelopment Agent Azusa Redevelopment Agency
Project Ama(s) Ranch Center Project Area
OTHER OBLIGATION PAYMENT SCHEDULE
Per AB 26 - Section 34167 and 34169 (1)
Page 1 of /
REVISED 0222112
Project Name / Debt Obligation Payee Description
Total Outstanding
Debt or Obligation
Total Due During
Period Aug 2011 (2) Sept Oct
Nov
Payments by month l31
Dec Jan 2012 Mer Apr May
Jun
Jul Total
_jj Pass Through Agreement Azusa United Pass Through
E 293.464
S 12.197 $ $ 4,897 S E $
3,650 f
E S E E S
3.650 E
S 12.197
2 Pass Through Agreement Citrus College Pass Through
160,373
4,407 0 3,181 0 0
613
0 0 0 0 0
613
0 4.407
3 Pass Through Agreement LA County Admin Pass Through
3.855.910
86.690 0 0 0 0
43.345
0 0 0 0 0
43.345
0 86,690
4
5
6
7
8
9
70
11
2
13
4
15
6
17
18
19
20
27
22
23
24
25i
27
28
Totals- Other Obligations
--Ts-4.309,747
1 E 103.2941$ 1 E Is 1 E
47,6081 f
Is Is Is Is i
47,606 E
f 103,294
(1) This Revised Enforceable Obligation Payment Schedule (EOPS) amends the schedule adopted by the Azusa Redevelopment Agency on January 23, 2012. It is valid through 07131/12.
(2) Include only payments to be made after the adoption of the EOPS.
(3) All payment amounts are estimates.