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Home My WebLink AboutResolution No. 12-R27RESOLUTION NO. 12-1127 A RESOLUTION OF THE SUCCESSOR AGENCY OF THE FORMER REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING AND ADOPTING THE RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR THE PERIOD OF JANUARY 2013 THROUGH JUNE 2013 PURSUANT TO AB 1X 26 WHEREAS, Health and Safety Code Section 34169(h), enacted by AB 1X 26, requires successor agencies to prepare a Recognized Obligation Payment Schedule ("ROPS") every six- month period. WHEREAS, because the Successor Agency of the former Redevelopment Agency of the City of Azusa ("Agency") previously adopted a ROPS, Resolution No. 12-R14, dated April 2, 2012, is operative only through December 31, 2012, so that the Agency may continue to meet the Agency's recognized obligations, and NOW, THEREFORE, BE IT RESOLVED, determined and ordered by the Agency as follows: Section 1. Recitals. The Recitals set forth above are true and correct and incorporated herein by reference. Section 2. Approval of Amended ROPS. The Agency hereby approves and adopts the ROPS, in substantially the form attached to this Resolution as Exhibit A, so that the Agency may continue to meet its recognized obligations, all as required by Health and Safety Code section 34169, during the time period from January 1, 2013 through June 30, 2013. The Agency reserves the right to further amend the ROPS in the future to make the ROPS more accurate. Section 3. Certification. The Agency Secretary shall certify to the adoption of this Resolution. Section 4. Effective Date. This Resolution shall become effective upon its adoption. PASSED AND ADOPTED at a regular meeting of the Successor Agency of the City of Azusa on the 16th day of July 2012 by the following vote: AYES: AGENCYMEMBERS: GONZALES, MACIAS, HANKS, ROCHA NAYS: AGENCYMEMBERS: NONE ABSENT: AGENCYMEMBERS: CARRILLO ABSTAIN: AGENCYMEMBERS: NONE /IloseplN. Rocha, Chair ATTEST: ra Mendoza, ecretary EXHIBIT A RECOGNIZED OBLIGATION PAYMENT SCHEDULE EXHIBIT A RECOGNIZED OBLIGATION PAYMENT SCHEDULE - CONSOLIDATED FILED FOR THE JANUARY 2013 to JUNE 2013 PERIOD Name of Successor Agency FORMER REDEVELOPMENT AGENCY OF THE CITY OF AZUSA REVISED Certification of Oversight Board Cbainnan: Pursuant to Section 34177(1) of the Health and Safety code, I hereby certify that the above is a true and accurate Recognized Enforceable Payment Schedule for the above named agency. 1 of 4 Name Title Signature Date Current Total Outstanding Total Due Debt or Obligation Durin Fiscal Year Outstanding Debt or Obligation $ 3 $ 5,547,901 Total Due for Six Mod OutstandingDebt or Obligation $ Available Revenues other than anticipated funding from RPTTF ;6,647,901 $ Enforceable Obligations paid with RPTTF $ 1 Administrative Cost paid with RPTTF $ 0 Pass -throw h Pa menu aid with RPTTF $Administrative Allowance (greater of 3%of anticipated Funding them RPTTF or 250,000. Note: Calculation should not include pass-ttvough payments made with RPTTF. The RPTTF Administrative Cost figure above should not exceed thisdministrative Cost Allowance figure) $ 0 Certification of Oversight Board Cbainnan: Pursuant to Section 34177(1) of the Health and Safety code, I hereby certify that the above is a true and accurate Recognized Enforceable Payment Schedule for the above named agency. 1 of 4 Name Title Signature Date EXHIBIT A Name d Redevelopment Apawy: City of Azusa RimloOdopment AranW P,ad A.M.) Magee Central Business Durand 6 West End Protect Area RECOGNIZED OBLIGATION PAYMENT SCHEDULE Per AB 26 - Section 34177 FOR THE SECOND SIX MONTHS OF FISCAL YEAR 2012-2013 IvViltizill 7h612012 2 of Fl.J.ct Name I Debt Odi s u.n Pa ee Descri Von Toed Ou aWndin9 Tole) Due Dining Debt or Od' soon Pedod 1 Jan 2013 Feb Pa Mar ants vmonth Apr May Jun 2013 Toed Soun-e of Payment 1 Tae PLocawo Baa. Bond Homma 2008 Series A Marged TA Bonus $ 6.485000 3 244.050 S 244.050 5 - S i 3 $ $ 244,050 Re ad Tax TWO FW WTTf 2 Tax aBorsVon Bonds Bond Hdden 2003 Morpd TA Refundina Ba Ws 7.080.000 15],42) 157.427 157427 RPTTF 3 Tex ASocaOon Banda Bad Hilden 2005 Mar,d TA Bonds 8!29,889 174,712 174,712 174.712 RPTTF 4 Liht FundAurenw Libland Water MvawaI577E45FonNBb%bma Sib 1,213.209 72793 72,793 72,793 RPTTF . 5 Light Fund Advance (1111 and Water City Adz7Auoddidelahi 5202,610 273,137 273137 273,137 RPTTF 6 Water Fund Advawe Light and Wader City AcivAl"21 N. Hausa Tolle Blu 199.785 21.268 21,268 21268 RPTTF 7 Reimb ment Cil os Azusa Fund, A.W003 Refundin COP'. 2,785000 359.650 358,050 359,650 RPTTF 8 Hou.n Bonus Bond Holders 2008 Sodas B Hwsin T.A. Bonds 10.975000 372,104 372.104 372104 RPTTF 9 Tax Alacedon Boma Bond"cl.ra 200)Sias A Tax M. Wn Baha 1!290,000 41]62] 41)62)41),62] - - - RPTTF 10 TaxA dlcn Bonds Bond Hdd. 2097 Sands B Tax Allocation Bonds 4,4500 00 112,0 & 112.081 112.084 RPTTF 11 Aminap ccunpliance Nblba comptisrua,i eddista AMWa a cNurlaVw far Bales 6,100 775 775 775 RPTTF 12 ProrentrTaxConsulUng HDL Caen B Cone Tax increment Audit Services 11000 5.500 - 2.750 2,750 5,500 RPTTF 13 ConsOlung Scrams Lanes Sill 6 Lu hard aedd seMcas 18 000 10,500 5.260 5.250 10.500 RPTTF 14 Samhirbs FFE Bambino'. Pana Furniture rindmea BEquipment Loan 7690 3645 3,845 3.045 RPTTF 15 Contract Pundnaw Order E6 L SeMcea MeinbnancedAe Pm 600 300 50 50 So 50 50 50 300 RPTTF IB Leal SeMces- Prod Adminisuat Beat Best B Krieger Redavd.ment Leal Counad 180,000 90000 15,000 15,000 15000 15000 15000 15000 90.000 RPTTF 17 ConsMVn Services Oman FUNras Bond Dlsd.smas 10000 RPTTF to Bono AOminisba5an Wells F.M.Bank Tmslee Ad.W."tion Ch 12.500 3,500 3.500 1 3.500 RPTTF Toed. - This Para (1) Toed4-Pap 2111 Touts -Oder Obb bons Grand total -A➢P. s (1) Amounts aro am mmd.. 63,144.383 3.17!942 I ol 1S N319]25 8 231992 1,861)09 15.050 18,575 15050 15,050 383,740 2.T8.2)2 1838.591 5,400 5.400 5,400 SA00 6.]50 1810,241 1,838.591 0 0 0 0 0 0 0 0 4.157,863 S1.887.190 S 20.450 8 23.975.$ 20450 321800 1 32.203989 154,15),863 2 of EXHIBIT A Nemo 4 RsderN p Regpency CtlydA uRwev4pnm1 A0 Prg Ae"M We WC W Busrcea OWAot 6YRe EM PNW Nee RECOGNIZED OBLIGATION PAYMENT SCHEDULE Per AS 26 -Section 341n FOR THE SECOND $U MONTHS OF FISCAL YEAR 2012.2012 REVISED 0711F/12 %getl Nand /Dam 001 Pqr TOW TOW Odaty DaMu Cbeom Tool Ow Dvn, Pa, 1 Jan 2013 i Feb PeymvMa OymmN My IAp M, An 2013 Taal Soumq P.M. 19 SERAFF 2010-11 Loon 20 U— a09awlev 21 H.-LrP M/um COeW64 eRW 23 AOminiurnive"cat— 2] Pa menl Reawvlion L eM W>Ia EDD Li t"Wda Cily a uva CIt dAzuvv FY 2010-11 SEW Pa a to SWe Uwn OmeM mos to lamer ROA w b a Lo-MW—a Kp m Wva Sumesw Aaergy AOmini vati eAl oc ROM".for J 2013 Oon00eq Svr oa f 519468 112.050 973611 121,103 1AM710 16.1" 33,]50 2308H 121103 1428,710 - 5.4N SaW - 54[U s.IW is iS4 6,]50 5400 238SN 121103 1.428710 16181 gPTTF 33]50 RPTTF 233,840 RPTTF 121.103 AominlWotiva Alloww¢e 1,428710 RPT]F 2s 28 26 2e 29 3D 31 33 3] 34 35 R J] 33 M4W' TOWS-IFU P°9e ll) a 3,1](902 f 1,838.691 3 5.450 f 5400 f 540] 8 1.610201 1,1.Bb 581 (11 Amoun4 era ammun 3 of Named Redexeltpmenl Agency: A uaa Redevelapmenl Agency prat. Area(.) Rana Center Project Nem EXHIBIT A RECOGNIZED OBLIGATION PAYMENT SCHEDULE Per AB 26-Sectlon 14177 FOR THE SECOND SIX MONTHS OF FISCAL YEAR 2012 .2013 REVISED 07116/12 4 of Tool Outabndmg Twat Due Durap Pe manta by month P MName l Data OWI anon Payee Desex,bon Debt w OWi aetn Petite 1 Jan W13 Feb Mer Ma Jun Z013 ToW Stomal Pe mens 1 City L&W Entemphee Lam Light and Water 25 -Year Secumd Nob- Revdvin E 2.044.661 $ 1146,564 E - i b Is E 1.146,584 E 1.148584 Re4ewto manl Pro Tax Trust Fund RPTTF 2 Car LoenlDebl Oeli ¢tion Band City of Num 1990 APFA Band City Lease Loan Drawdown 2,211,144 176.892 176,892 176.892 RPTTF 3 City L&W Enter ma Loan ll hl and Water AdvencelRehabilitaton lm menti 242,765 16.994 - 16.894 16,994 RPTTF 4 SERAF-FY 2010-11 Loan Lhl and Water FY 2010.11 SERAF Payment to Sub 9,081 9.D81 9081 9,081 RPTTF 5 Adminisbeew Pllocation City dA7use Succeam,A en Adminiaba6w Al. 40,487 40,497 - 40.487 40.467 AdmimStadw g9awanw e 0 9 al 0 9 0 10 0 11 0 12 0 13 0 14 0 is 0 16 0 17 0 16 0 18 0 20 0 21 0 22 0 23 0 24 0 25 0 26 0 27 0 28 0 29 0 OW'e -This Page1.390030 E E E 5 S $ 1390,038 E 1.390,038 FTolalted FT E E $ S E S f E S tart, -Ag OraPa as 1 { 1,648158 f 13900]8 { S{ f 1390038 f 1,3 (i) Ameaab ao ae0matas 4 of