HomeMy WebLinkAboutAgenda Packet - January 23, 2012 - CC SPEC •
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NOTICE AND CALL OF A SPECIAL MEETING
OF THE CITY COUNCIL OF THE CITY OF AZUSA
AND THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA
TO THE MEMBERS OF THE CITY COUNCIL OF THE CITY OF AZUSA:
NOTICE IS HEREBY GIVEN that a Special Meeting of the City Council and the Redevelopment Agency of the City of
Azusa is hereby called to be held MONDAY, JANUARY 23, 2012 immediately following the Utility Board meeting,
which begins at 6:30 p.m. at the Azusa Light and Water Conference Room located at 729 N. Azusa Avenue, Azusa,
California.
Said Special Meeting shall be for the purpose of discussing, hearing and taking action on the items listed below:
AGENDA
A. PRELIMINARY BUSINESS
• Call to Order
• Roll Call
B. PUBLIC PARTICIPATION-Limited to item listed on this Special Meeting Notice.
C. CITY AGENDA ITEM
1. CITY ELECTING TO RETAIN THE HOUSING ASSETS AND FUNCTIONS PREVIOUSLY
PERFORMED BY THE REDEVELOPMENT AGENCY OR THE CITY OF AZUSA OR TRANSFERRING
SUCH HOUSING ASSETS AND FUNCTIONS TO THE HOUSING AUTHORITY OF THE COUNTY OF
LOS ANGELES.
RECOMMENDED ACTION:
Waive further reading and adopt Resolution No. 12-C7, adopting one of the following versions:
a. Electing to retain the housing assets and functions previously performed by the Redevelopment Agency of the
City of Azusa pursuant to part 1.85 of division 24 of the California Health and Safety Code;
OR
b. Electing not to retain such housing assets and functions and designating the Housing Authority of the County of
Los Angeles as the entity to assume the housing assets and functions.
D. AGENCY AGENDA ITEM
1. AMENDED ENFORCEABLE OBLIGATION PAYMENT SCHEDULE
RECOMMENDED ACTION:
Waive further reading and adopt Resolution No. 12-R4, approving and adopting an amended "Enforceable
Obligation Payment Schedule"pursuant to AB 1X 26.
E. CLOSED SESSION
1. PUBLIC EMPLOYEE PERFORMANCE EVALUATION (Gov. Code Sec. 54957)
Title: City Manager
2. PUBLIC EMPLOYEE PERFORMANCE EVALUATION (Gov. Code Sec. 54957)
Title: City Attorney
F. ADJOURNMENT
1. Adjourn
In compliance with Government Code Section 54957.5, agenda materials are available for inspection by members of the
public at the following locations: Azusa City Clerk's Office - 213 E. Foothill Boulevard, Azusa City Library ; 729 N
Dalton Avenue, and Azusa Police Department Lobby - 725 N. Alameda, Azusa, California. In compliance with the
Americans with Disabilities Act, if you need special assistance to participate in a city meeting,please contact the City
Clerk at 626-812-5229.
2
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CITY COUNCIL AGENDA ITEM
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: KURT CHRISTI• ''rrn .►,, DIRECTOR OF ECONOMIC & COMMUNITY
DEVELOPMEN %j‘
VIA: JAMES MAKSHANOF , CITY MANAGER
DATE: JANUARY 23, 2012
SUBJECT: CITY ELECTING TO RETAIN THE HOUSING ASSETS AND FUNCTIONS
PREVIOUSLY PERFORMED BY THE REDEVELOPMENT AGENCY OR THE
CITY OF AZUSA OR TRANSFERRING SUCH HOUSING ASSETS AND
FUNCTIONS TO THE HOUSING AUTHORITY OF THE COUNTY OF LOS
ANGELES
RECOMMENDATION
That the City Council adopt one of the versions of the following Resolutions:
1. Electing to retain the housing assets and functions previously performed by the Redevelopment
Agency of the City of Azusa pursuant to part 1.85 of division 24 of the California Health and
Safety Code;
2. Electing not to retain such housing assets and functions and designating the Housing Authority of
the County of Los Angeles as the entity to assume the housing assets and functions;
BACKGROUND
On June 28, 2011, as part of the 2011-2012 State of California budget bill, companion bills
Assembly Bill 1X 26 ("AB 26") and Assembly Bill 1X 27 ("AB 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 27 and pay an annual"community remittance"payment
to the County of Los Angeles. 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. S194861 ("Legal Action"),challenging the constitutionality
of AB 26 and AB 27 on behalf of cities, counties and redevelopment agencies and requesting a stay
of enforcement of AB 26 and AB 27,pending the Supreme Court's determination of the legality of
AB 26 and AB 27. On August 11, 2011, the Supreme Court issued an order in the Legal Action
45636.06001\7216602.1
granting a partial stay of AB 26,exclusive of Health and Safety Code Sections 34161 through 34167
(which suspend new redevelopment activity), and a complete stay of AB 27, such that the City and
the Agency could not pursue new redevelopment activity under the Alternative Voluntary
Redevelopment Program (collectively, "Stay"). On August 17, 2011, the Supreme Court modified
the Stay such that the Stay no longer affected Health and Safety Code Sections 34167.5 through
34169.5, in addition to California Health and Safety Code Sections 34161 through 34167, or
California Health and Safety Code Sections 34194(b)(2). On December 29, 2011, the Supreme
Court issued its final decision in the Legal Action,upholding AB 26,invalidating AB 27,extending
all statutory deadlines under Health and Safety Code Sections 34170 through 34191,and essentially
dissolving all redevelopment agencies throughout the State effective February 1, 2012
DISCUSSION
Health and Safety Code section 34176, enacted by AB 26,provides that the City of Azusa("City")
may elect to retain the housing assets and functions previously performed by the Redevelopment
Agency of the City of Azusa ("Agency") upon the Agency's dissolution. If the City retains such
functions and assets,all rights,powers,duties,and obligations,excluding any amounts on deposit in
the Agency's Low and Moderate Income Housing Fund ("Housing Fund"), shall be transferred to
the City. Pursuant to Health and Safety Code section 34176(b), if the City elects not to retain the
Agency's housing functions and assets, all rights, powers, duties, and obligations, excluding any
amounts on deposit in the Agency's Housing Fund, shall be transferred as follows: (1)where there is
no local housing authority in the territorial jurisdiction of the Agency,to the Department of Housing
and Community Development; (2) where there is one local housing authority in the territorial
jurisdiction of the Agency, to that local housing authority; (3) where there is more than one local
housing authority in the territorial jurisdiction of the Agency,to the local housing authority selected
by the City.
Although AB 26 is ambiguous about the what all"rights,powers, duties and obligations"pertaining
to housing functions includes, which the public body retaining the housing assets and functions of
the Agency will take on,it likely includes the following:the provision of production,inclusionary or
replacement affordable housing units, development of affordable housing units in accordance with
community income demographic restrictions, consultation with any project area committee formed
by the dissolved Agency, and any required affordable housing monitoring and reporting.
The City should be aware that the potential benefit to the entity retaining the housing assets and
functions of the Agency is that such entity would be able to control and be responsible for the
housing needs within the former Agency's territorial jurisdiction. However, it is possible that this
control may be of limited benefit because such entity will not be able to retain the Agency's funds on
deposit in the Housing Fund, and there is no identified continuing funding source for affordable
housing activities in future years that is transferred to the public body assuming housing functions
and assets.
If the City elects to retain the Agency's housing assets and functions, they shall stay under local
control. However,the City will also have the responsibility of funding the housing functions. If the
City elects not to retain the Agency's housing assets and functions,the Agency's housing functions
and assets shall pass to the only local housing authority within the territorial jurisdiction of the
Agency, the Housing Authority of the County of Los Angeles. In that case, the City will lose all
control over the housing assets and functions,but it will also avoid the associated responsibility of
45636.06001\7216602.1
funding the housing functions.
FISCAL IMPACT
If the City elects to retain the housing assets and functions of the Agency, the City will be
responsible for funding such functions.
No City funds are involved with the election of the City to not retain the housing assets and functions
of the Agency.
Attachments:
1. Version#1 of Resolution (City retains housing functions)
2. Version#2 of Resolution (City transfer to County Housing Authority)
45636.06001\7216602.1
RESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF AZUSA, CALIFORNIA ELECTING TO RETAIN THE
HOUSING ASSETS AND FUNCTIONS PREVIOUSLY
PERFORMED BY THE REDEVELOPMENT AGENCY OF
THE CITY OF AZUSA PURSUANT TO PART 1.85 OF
DIVISION 24 OF THE CALIFORNIA HEALTH AND
SAFETY CODE
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")to serve as the redevelopment
agency within the City;and
WHEREAS, the City Council of the City of Azusa ("City Council") approved and
adopted the Redevelopment Plan ("Redevelopment Plan") for the Merged Central
Business District and West End Redevelopment Project Area and the Ranch Center
Project Area covering certain properties within the City(the"Project Areas");and
WHEREAS, on June 28, 2011, the State of California enacted California Health
and Safety Code Section 34161 et seq. as part of the State's enactment of Assembly
Bill 1X 26 ("AB 1X 26"), immediately prohibiting further redevelopment activity by
redevelopment agencies and dissolving all redevelopment agencies in the State of
California on October 1,2011;and
WHEREAS, on June 28, 2011, the State of California also enacted California
Health and Safety Code Section 34192 et seq. under Assembly Bill 1X 27("AB lX 27"),
providing communities the opportunity to continue redevelopment activity through their
local redevelopment agencies by electing to participate in the "Alternative Voluntary
Redevelopment Program";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. S194861 ("Legal Action"),
challenging the constitutionality of AB lX 26 and AB 1X 27, on behalf of cities, counties
and redevelopment agencies and requesting a stay of enforcement of AB lX 26 and AB
1X 27, pending the Supreme Court's determination of the constitutionality of AB lX 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 California Health and Safety Code Section 34161 et
seq., exclusive of California Health and Safety Code Sections 34161 through 34167
(which prohibit all new redevelopment activity), and a complete stay of California Health
and Safety Code Section 34192 et seq., such that the City and the Agency could not
45636.06001A7216532.1
pursue new redevelopment activity under the Alternative Voluntary Redevelopment
Program (collectively, "Stay"); and
WHEREAS, on August 17, 2011, the Supreme Court modified the Stay such that
the Stay no longer affected California Health and Safety Code Sections 34167.5
through 34169.5, in addition to California Health and Safety Code Sections 34161
through 34167, or California Health and Safety Code Section 34194(b)(2); and
WHEREAS, on December 29, 2011, the Supreme Court issued its final decision
in the Legal Action, upholding AB 1X 26, invalidating AB 1X 27, extending all statutory
deadlines under Health and Safety Code Sections 34170 through 34191, and dissolving
all redevelopment agencies throughout the State of California, effective February 1,
2012; and
WHEREAS, Health and Safety Code section 34176 provides that the City may
elect to retain the housing assets and functions previously performed by the Agency,
but if the City does not so elect, all rights, powers, assets, liabilities, duties, and
obligations associated with the housing activities of the Agency, excluding any amounts
in the Low and Moderate Income Housing Fund, shall be transferred as follows: (1)
where there is no housing authority in the territorial jurisdiction of the Agency, to the
State of California Department of Housing and Community Development; (2) where
there is one local housing authority in the territorial jurisdiction of the Agency, to that
housing authority; (3) where there is more than one local housing authority in the
territorial jurisdiction of the Agency, to the local housing authority selected by the City;
and
WHEREAS, the only local housing authority within the territorial jurisdiction of the
Agency is the Housing Authority of the County of Los Angeles; and
WHEREAS, the City desires to elect to retain the housing assets and functions of
the former Agency; and
WHEREAS, all other legal prerequisites to the adoption of this Resolution have
occurred.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Azusa,
California, as follows:
Section 1. Recitals. The Recitals preceding this Resolution are true and
correct and are incorporated into this Resolution.
Section 2. CEQA Compliance. The determination and election made in this
Resolution do not commit the City to any action that may have a significant effect on the
environment. As a result, such approvals do not constitute a project subject to the
requirements of the California Environmental Quality Act. The City Clerk is authorized
and directed to file a Notice of Exemption with the appropriate official of the County of
45636.06001\7216532.1
Los Angeles, California, within five (5) days following the date of adoption of this
Resolution.
Section 3. Election to Retain Housing Assets and Functions. In
accordance with Health and Safety Code section 34176, and based on the Recitals set
forth above, the City Council hereby elects to retain the housing assets and functions
previously performed by the Redevelopment Agency of the City of Azusa. Upon
dissolution of the Redevelopment Agency of the City of Azusa pursuant to Part 1 .85 of
Division 24 of the California Health and Safety Code, and except as otherwise provided
under AB 1X 26, all rights, powers, assets, liabilities, duties, and obligations associated
with the housing activities of the Redevelopment Agency of the City of Azusa, excluding
any amounts in the Low and Moderate Income Housing Fund, shall be transferred in
accordance with Health and Safety Code section 34176 to the City of Azusa.
Section 4. Implementation. The City Council hereby authorizes and directs
the City Manager to take any action and execute any documents necessary to carry out
the purposes of this Resolution, including but not limited to notifying the County of Los
Angeles Auditor-Controller, the Controller of the State of California, and the California
Department of Finance of the adoption of this Resolution in accordance with AB 1X 26.
Section 5. Severability. If any provision of this Resolution or the application
of any such provision to any person or circumstance is held invalid, such invalidity shall
not affect other provisions or applications of this Resolution that can be given effect
without the invalid provision or application, and to this end the provisions of this
Resolution are severable. The City Council declares that the City Council would have
adopted this Resolution irrespective of the invalidity of any particular portion of this
Resolution.
Section 6. Certification. The City Clerk shall certify to the adoption of this
Resolution.
Section 7. Effective Date. This Resolution shall become effective
immediately upon its adoption.
PASSED, APPROVED AND ADOPTED this 23rd day of January, 2012.
Mayor
ATTEST:
City Clerk
45636.0600117216532.1
CERTIFICATION
I, , City Clerk of the City of Azusa, do hereby certify that
the foregoing Resolution No. was duly and regularly adopted by the City Council of
the City of Azusa at a regular meeting thereof on the day of January, 2012 and
that the same was passed and adopted by the following vote, to wit:
AYES:
NOES:
ABSENT:
ABSTAIN:
City Clerk
45636.06001\7216532.1
RESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF AZUSA, CALIFORNIA ELECTING NOT TO RETAIN
THE HOUSING ASSETS AND FUNCTIONS PREVIOUSLY
PERFORMED BY THE REDEVELOPMENT AGENCY OF
THE CITY OF AZUSA AND TRANSFERRING THEM TO
THE HOUSING AUTHORITY OF THE COUNTY OF LOS
ANGELES PURSUANT TO PART 1.85 OF DIVISION 24 OF
THE CALIFORNIA HEALTH AND SAFETY CODE
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")to serve as the redevelopment
agency within the City;and
WHEREAS,the City Council of the City of Azusa ("City Council") approved and
adopted the Redevelopment Plan ("Redevelopment Plan") for the Merged Central
Business District and West End Redevelopment Project Area and the Ranch Center
Project Area covering certain properties within the City(the"Project Areas");and
WHEREAS, on June 28, 2011, the State of California enacted California Health
and Safety Code Section 34161 et seq. as part of the State's enactment of Assembly
Bill 1X 26 ("AB 1X 26"), immediately prohibiting further redevelopment activity by
redevelopment agencies and dissolving all redevelopment agencies in the State of
California on October 1,2011;and
WHEREAS, on June 28, 2011, the State of California also enacted California
Health and Safety Code Section 34192 et seq. under Assembly Bill 1X 27("AB lX 27"),
providing communities the opportunity to continue redevelopment activity through their
local redevelopment agencies by electing to participate in the "Alternative Voluntary
Redevelopment Program";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. S194861 ("Legal Action"),
challenging the constitutionality of AB lX 26 and AB lX 27, on behalf of cities, counties
and redevelopment agencies and requesting a stay of enforcement of AB lX 26 and AB
lX 27, pending the Supreme Court's determination of the constitutionality of AB lX 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 California Health and Safety Code Section 34161 et
seq., exclusive of California Health and Safety Code Sections 34161 through 34167
(which prohibit all new redevelopment activity), and a complete stay of California Health
and Safety Code Section 34192 et seq., such that the City and the Agency could not
45636.06001A7216561.1
pursue new redevelopment activity under the Alternative Voluntary Redevelopment
Program (collectively, "Stay"); and
WHEREAS, on August 17, 2011, the Supreme Court modified the Stay such that
the Stay no longer affected California Health and Safety Code Sections 34167.5
through 34169.5, in addition to California Health and Safety Code Sections 34161
through 34167, or California Health and Safety Code Section 34194(b)(2); and
WHEREAS, on December 29, 2011, the Supreme Court issued its final decision
in the Legal Action, upholding AB 1X 26, invalidating AB 1X 27, extending all statutory
deadlines under Health and Safety Code Sections 34170 through 34191, and dissolving
all redevelopment agencies throughout the State of California, effective February 1,
2012; and
WHEREAS, Health and Safety Code section 34176 provides that the City may
elect to retain the housing assets and functions previously performed by the Agency,
but if the City does not so elect, all rights, powers, assets, liabilities, duties, and
obligations associated with the housing activities of the Agency, excluding any amounts
in the Low and Moderate Income Housing Fund, shall be transferred as follows: (1)
where there is no housing authority in the territorial jurisdiction of the Agency, to the
State of California Department of Housing and Community Development; (2) where
there is one local housing authority in the territorial jurisdiction of the Agency, to that
housing authority; (3) where there is more than one local housing authority in the
territorial jurisdiction of the Agency, to the local housing authority selected by the City;
and
WHEREAS, the only local housing authority within the territorial jurisdiction of the
Agency is the Housing Authority of the County of Los Angeles; and
WHEREAS, the City desires to elect not to retain the housing assets and
functions of the former Agency; and
WHEREAS, all other legal prerequisites to the adoption of this Resolution have
occurred.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Azusa,
California, as follows:
Section 1. Recitals. The Recitals preceding this Resolution are true and
correct and are incorporated into this Resolution.
Section 2. CEQA Compliance. The determination and election made in this
Resolution do not commit the City to any action that may have a significant effect on the
environment. As a result, such approvals do not constitute a project subject to the
requirements of the California Environmental Quality Act. The City Clerk is authorized
and directed to file a Notice of Exemption with the appropriate official of the County of
45636.0600117216561.1
Los Angeles, California, within five (5) days following the date of adoption of this
Resolution.
Section 3. Election to Retain Housing Assets and Functions. In
accordance with Health and Safety Code section 34176, and based on the Recitals set
forth above, the City Council hereby elects to retain the housing assets and functions
previously performed by the Redevelopment Agency of the ,City of Azusa. Upon
dissolution of the Redevelopment Agency of the City of Azusa ursuant to Part 1.85 of
Division 24 of the California Health and Safety Code, and except as otherwise provided
under AB 1X 26, all rights, powers, assets, liabilities, duties, and obligations associated
with the housing activities of the Redevelopment Agency of the City of Azusa, excluding
any amounts in the Low and Moderate Income Housing Fund, shall be transferred in
accordance with Health and Safety Code section 34176 to the Housing Authority of the
County of Los Angeles.
Section 4. Implementation. The City Council hereby authorizes and directs
the City Manager to take any action and execute any documents necessary to carry out
the purposes of this Resolution, including but not limited to notifying the County of Los
Angeles Auditor-Controller, the Controller of the State of California, and the California
Department of Finance of the adoption of this Resolution in accordance with AB 1X 26.
Section 5. Severability. If any provision of this Resolution or the application
of any such provision to any person or circumstance is held invalid, such invalidity shall
not affect other provisions or applications of this Resolution that can be given effect
without the invalid provision or application, and to this end the provisions of this
Resolution are severable. The City Council declares that the City Council would have
adopted this Resolution irrespective of the invalidity of any particular portion of this
Resolution.
Section 6. Certification. The City Clerk shall certify to the adoption of this
Resolution.
Section 7. Effective Date. This Resolution shall become effective
immediately upon its adoption.
PASSED, APPROVED AND ADOPTED this 23rd day of January, 2012.
Mayor
ATTEST:
City Clerk
45636.06001\7216561.1
CERTIFICATION
I, , City Clerk of the City of Azusa, do hereby certify that
the foregoing Resolution No. was duly and regularly adopted by the City Council of
the City of Azusa at a regular meeting thereof on the day of January, 2012 and
that the same was passed and adopted by the following vote, to wit:
AYES:
NOES:
ABSENT:
ABSTAIN:
City Clerk
4;63 6.0600117216 61.1
• .;
,, .7,41410
AZUSA
REDEVELOPMENT AGENCY AGENDA ITEM
TO: HONORABLE CHAIRPERSON AND MEMBERS OF THE AGENCY BOARD
FROM: KURT E. CANSEN, ECONOMIC AND COMMUNITY DEVELOPMENT
DIRECT!"7/ k-1
VIA: JAMES W. MAKSHANO , CITY MANAGER
DATE: JANUARY 23, 2012
SUBJECT: AMENDED ENFORCEABLE OBLIGATION PAYMENT SCHEDULE
RECOMMENDATION
That the Redevelopment Agency Board adopt the attached Resolution,approving and adopting an amended
"Enforceable Obligation Payment Schedule"pursuant to AB 1X 26.
BACKGROUND
On June 28,2011, as part of the 2011-2012 State of California budget bill,companion Joins Assembly Bill
1X 26("AB 26")and Assembly Bill 1X 27("AB 27")were enacted,dissolving the Agency,unless the City
elected to participate in the "Alternative Voluntary Redevelopment Program" established by AB 27 and
paid an annual "community remittance" payment to the County of Los Angeles. 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. S194861 ("Legal
Action"), challenging the constitutionality of AB 26 and AB 27 on behalf of cities, counties and
redevelopment agencies and requesting a stay of enforcement of AB 26 and AB 27,pending the Supreme
Court's determination of the legality of AB 26 and AB 27. On August 11,2011,the Supreme Court issued
an order in the Legal Action granting a partial stay of AB 26,exclusive of Health and Safety Code Sections
34161 through 34167(suspending new redevelopment activity),and a complete stay of AB 27,such that the
City and the Agency could not pursue new redevelopment activity under the Alternative Voluntary
Redevelopment Program(collectively,"Stay"). On August 17,2011,the Supreme Court modified the Stay
to no longer affect Health and Safety Code Sections 34167.5 through 34169.5, in addition to California
Health and Safety Code Sections 34161 through 34167, or California Health and Safety Code Sections
34194(b)(2),but all new redevelopment activity was still prohibited. On December 29,2011,the Supreme
Court issued its opinion in the Legal Action, upholding AB 26, invalidating AB 27, extending certain
statutory deadlines under Health and Safety Code Sections 34170 through 34191, and dissolving all
redevelopment agencies throughout the State, effective February 1, 2012.
DISCUSSION
The Agency is required to adopt an enforceable obligation payment schedule ("EOPS") setting forth the
nature and amount of all existing Agency enforceable obligations(as defined in the law). The"enforceable
obligations"of the Agency may include the following:bonds;loans legally required to be repaid pursuant to
a payment schedule with mandatory repayment terms; payments required by the federal government,
preexisting obligations to the state or obligations imposed by state law;judgments, settlements or binding
arbitration decisions that bind the agency; legally binding and enforceable agreements or contracts; and
contracts or agreements necessary for the continued administration or operation of the agency, including
agreements to purchase or rent office space, equipment and supplies.
The Agency adopted an EOPS on September 6, 2011 by Resolution No. 11-R35 covering the time period
from August 29, 2011 through December 31, 2011, as required by law in 2011.
A successor document to the EOPS,the Recognized Obligation Payment Schedule("ROPS"),is required to
set forth the enforceable obligations of the Agency, exclusive of pass-through payments to be made by the
county after dissolution of the Agency and any agreements,contracts or arrangements between the City and
the Agency, except any of the following agreements between the City and the Agency: (1) any written
agreements between the City and the Agency entered into prior to December 31, 2010, solely for the
purpose of securing or repaying indebtedness obligations to third parties; and(2)loan agreements entered
into between the Agency and the City within two years of the date of creation of the Agency.
Until a ROPS becomes operative, only payments required pursuant to the EOPS (except pass through
payments to be made by the county and most agreements with the City) shall be made, even after the
Agency is dissolved. Originally, the ROPS was to take effect on January 1, 2012.
The Supreme Court extended the deadline for the ROPS to become effective to May 1, 2012. Due to the
extended deadline for the effectiveness of the ROPS and the legal prohibition on the Agency and its
successor agency paying only obligations set forth on an adopted EOPS,it is recommended that the Agency
amend its EOPS to extend the time period covered by the EOPS through, at least, April 30, 2012.
The attached Agency Resolution adopts an amended EOPS,setting forth the enforceable obligations of the
Agency and the amount of payments to be made for each such obligation through June, 2012, in case the
ROPS is not adopted by May 1, 2012. This amended EOPS shall be operative even after the Agency is
dissolved on February 1, 2012, and the City, as successor agency to the Agency, shall continue to make
payments in accordance with the amended EOPS (except excluded City agreements with the Agency and
pass-through payments that will be made by the county),until the City adopts a ROPS that is approved by
the oversight board and not objected to by the State of California Department of Finance.
The amended EOPS is required by law to be transmitted to the County auditor-controller,the Controller,
and the Department of Finance, and shall be posted on the City's website.
The amended Enforceable Obligation Payment Schedule is included as Exhibit A in the attached
Resolution.
FISCAL IMPACT
No Agency funds are involved with the adoption of the amended Enforceable Obligation Payment
Schedule. The amended Enforceable Obligation Payment Schedule simply lists existing Agency
obligations.
Attachments:
Resolution-Redevelopment Agency of the City of Azusa adopting an amended Enforceable Obligation Payment
Schedule
RESOLUTION NO.
A RESOLUTION OF THE REDEVELOPMENT AGENCY
OF THE CITY OF AZUSA APPROVING AND ADOPTING
AN AMENDED 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")to serve as the redevelopment
agency within the City;and
WHEREAS, the City Council of the City of Azusa ("City Council")approved and
adopted the Redevelopment Plan ("Redevelopment Plan") for the Merged Central
Business District and West End Redevelopment Project Area and the Ranch Center
Project Area covering certain properties within the City;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, suspending all new redevelopment activity of the Agency
and dissolving the Agency, unless the City elected to participate in the "Alternative
Voluntary Redevelopment Program" established by AB 1X 27 and pay an annual
"community remittance"payment to the County of Los Angeles;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. S194861 ("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
lX 27, pending the Supreme Court's determination of the legality of AB lX 26 and AB
lx 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 34169.5 (suspending new redevelopment activity), and a
complete stay of AB lX 27, such that the City and the Agency could not pursue new
redevelopment activity under the Alternative Voluntary Redevelopment Program
(collectively,"Stay");and
WHEREAS,the Supreme Court modified the Stay on August 17,2011, such that
the Stay no longer affects Health and Safety Code Sections 34167.5 through 34169.5,
in addition to California Health and Safety Code Sections 34161 through 34167, or
California Health and Safety Code Sections 34194(b)(2);and
WHEREAS, the Stay no longer affected Health and Safety Code Section 34169
requiring the Agency, among other things,to adopt an Enforceable Obligation Payment
Schedule ("EOPS") within 60 days after the effective date of AB 1X 26 (August 27,
2011); and
WHEREAS, the Stay also did not affect Health and Safety Code Section
34167(h) providing 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 the Agency would have been limited to only making
payments on obligations listed in an adopted EOPS after August 27, 2011, the Agency
adopted an EOPS by Resolution No. 11-R35 on September 6, 2011; and
WHEREAS, on December 29, 2011, the Supreme Court issued its opinion in the
Legal Action, upholding AB 1X 26, invalidating AB 1X 27, extending certain statutory
deadlines under Health and Safety Code Sections 34170 through 34191 , and dissolving
all redevelopment agencies throughout the State, effective February 1, 2012; and
WHEREAS, Health and Safety Code Section 34177(1)(3) provides that the
successor agency to the Agency, after the Agency's dissolution, is to adopt a
Recognized Obligation Payment Schedule ("ROPS") succeeding the FOPS, prior to
January 1, 2012; and
WHEREAS, the California Supreme Court, in the Legal Action, extended the
deadline for adoption of the ROPS to May 1, 2012; and
WHEREAS, Health and Safety Code Section 34177(a)(1) requires that until a
ROPS becomes operative, only payments required pursuant to an EOPS shall be
made; and
WHEREAS, the original EOPS was only required to list Agency obligations
through December 31, 2011; and
WHEREAS, because the previously adopted EOPS is operative only through
December 31, 2011, and the statutory deadline for adoption of a ROPS has been
extended from January 1, 2012, to May 1, 2012, the previously adopted FOPS needs to
be amended to be operative at least through April 30, 2012, so that the Agency and its
successor agency may continue to meet the Agency's enforceable obligations, all as
required by Health and Safety Code section 34169, until the ROPS is adopted; and
WHEREAS, all other legal prerequisites to the adoption of this Resolution have
occurred.
NOW, THEREFORE, BE IT RESOLVED, determined and ordered by the
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. CEQA 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 June 30, 2012, in case the ROPS is not adopted by May 1, 2012. The
Agency has been required to act quickly in preparing and adopting the amended EOPS
because of the timing of the issuance of the Supreme Court's opinion in the Legal
Action. As a result, 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 1 X 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 day of January, 2012, by the following vote:
AYES:
NAYS:
ABSENT:
ABSTAIN:
Chair
ATTEST:
Secretary
EXHIBIT A
AMENDED ENFORCEABLE OBLIGATION PAYMENT SCHEDULE
[Attached behind this page] .
CERTIFICATION
I, , Secretary of the Redevelopment Agency of the City of
Azusa, do hereby certify that the foregoing Resolution No. was duly and regularly
adopted by the Redevelopment Agency of the City of Azusa at its regular meeting on
the day of January, 2012, and that the same was passed and adopted by the
following vote, to wit:
AYES:
NAYS:
ABSENT:
ABSTAINED:
Agency Secretary
Name of Redevelopment Agency: City of Azusa Redevelopment Agency Page 1 of 2 Pages EXHIBIT A
Project Area(s) Merged Central Business District&West End Project Area
REVISED 01-18-12
REVISED ENFORCEABLE OBLIGATION PAYMENT SCHEDULE
Per AB 26-Section 34167 and 34169(1) S
0
Total Outstanding Total Due During Payments by month(3)
Project Name/Debt Obligation Payee Description Debt or Obligation Fiscal Year Aug(2) Sept Oct Nov Dec Jan Feb Mar Apr May Jun Total
1 Tax Allocation Bonds Bond Holders 2008 Series A Merged T.A.Bonds $ 14,705,231 $ 575,188 $ 328,694 Advanced by City $ 246,494 Advanced by City $ 575,188
2 Tax Allocation Bonds Bond Holders 2003 Merged TA Refunding Bonds $ 11,855,163 $ 814,780 $ 648,690 Advanced by City $ 166,090 Advanced by City $ 814,780
3 Tax Allocation Bonds Bond Holders 2005 Merged T.A.Bonds $ 18,755,912 $ 349,426 $ 174,713 Advanced by City $ 174.713 Advanced by City $ 349,426
4 City Advance City of Azusa Advance/577-645 Foothill/Krems Site $ 1,756,145 $ 157.950 $ 13,163 $ 13,163 $ 13,163 $ 13,163 $ 13,163 $ 13.163 $ 13,163 S 13,163 S 13,163 $ 13,163 $ 13,163 $ 144,793
5 City Advance City of Azusa City Adv./Autodealership $ 9,088,334 $ 249,680 $ 20,807 $ 20,807 $ 20,807 $ 20,807 $ 20,807 $ 20.807 $ 20,807 $ 20,807 S 20.807 $ 20,807 $ 20,807 $ 228,877
6 City Advance City of Azusa City Adv./619-621 N.Azusa(Talley Bldg) S 262.380 S 7,490 S 3.745 $ 3,745 $ 7,490
7 Reimb Agreement Azusa Public Financing Authority Reimb Agrmt/2003 Refunding COP's $ 4,437,007 S 357,774 $ 293,849 $ 2,000 $ 61,925 $ 357,774
8 Housing Bonds Bond Holders 2008 Series B Housing T.A Bonds $ 25,499,067_$ 878.677 $ 503,323_Advanced by City $ 375,354 Advanced by City $ 878,677
9 Tax Allocation Bonds Bond Holders 2007 Series A Tax Allocation Bonds $ 28,363,766 $ 1,281,864 $ 851,8.41 Advanced by City $ 430,023 Advanced by City $ 1,281,864
10 Tax Allocation Bonds Bond Holders 2007 Series B Tax Allocation Bonds $ 8,590,056 $ 320,423 $ 206,201 Advanced by City $ 114,222 Advanced by City $ 320,423
11 LMI Advance RDA Low Mod Fund Low/Mod Adv./Block 36 Mixed Use $ 1,618,635 $ 1,551.135 $ 775,568 $ 775,568 $ 1,551.136
12 City Advance City L&W Fund City Adv./$4501,./Azusa&1st Reader Brd _$ 499,425 $ 99,885 $ 49,943 $ 49,942 $ 99,885
13 Contract Purchase Order Fairytale Carriages Winter Holiday Fiesta $ 1,000 $ 1,000 $ 1,000 $ 1,000
14 Employee Costs Employees of Agency Payroll for employees $ 392,970 S 392,970 $ 65,495 $ 65,495 $ 65,495 $ 65,495 S 65,495 $ 65,495 $ 392,970
15 Arbitrage Compliance Arbitrage Compliance Specialists Arbitrage calculation for Bonds $ 6,100 $ 6,100 $ 3,325 $ 2,000 $ 775 $ 6 100
16 Price/Costco Note HDL Coren&Cone Sales tax consulting&calculations $ 21,000 $ 21,000 $ 400„.,$ 400 _S 500 $ 500 $ 1,000 $ 2,100 S 2,800 $ 3,200 $ 3,500 $ 3.500 $ 3,100 $ 21,000
17 Property Tax Consulting HDL Coren&Cone Tax Increment and Pas through calculations $ 27,000 S 27,000 $ 3,900 $ 400 S 3,400 $ 2,100 $ 2,100 S 2,100 $ 2,100 $ 2,250 $ 2,250 $ 3,000 $ 3,400 S 27,000
$
Totals-This Page $ 125.879,191 $ 7,092,342 $ 3,111,076 $ 103,590 $ 104,365 $ 102,065 $ 158,253 $ 1,674,486 $ 814,438 $ ' 40,195 $ 39,720 S 869,725 $ 7.058,383
Totals-Page 2 $ 38,673,865 $ 2,936,095 $ 147,417 $ 463,388 $ 238,183 $ 147,097 $ 253,692 $ 215,659 $ 144,959 $ 184,422 $ 165,355 $ 842,375 S 2,935,395
Totals-Page 3 $ - $ - $ - $ - $ - $ - $ - $ - $ $ - $ $ - $ -
Totals-Page 4 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $
Totals-Other Obligations $ 80,631,593 $ 2,740,035 $ - $ - $ - $ - $ - $ 1,370,018 $ - $ - $ - $ - $ 1,370,018
Grand total-All Pages(4) $ 245,184,649 $ 12,768,472_$ 3,258,493_$ 566,978 $ 342,548 $ 249,162 $ 411,945 $ 3,260,163 $ 959,397_$ 224,617_$ 205,075 t $ 1,712,100 $ 11,363,796
4
Name of Redevelopment Agency: City of Azusa Redevelopment Agency Page 2 of 2 Pages EXHIBIT A
Project Area(s) Merged Central Business District 8 West End Project Area
REVISED 01-18-12
REVISED ENFORCEABLE OBLIGATION PAYMENT SCHEDULE n
Per AB 26-Section 34167 and 34169(1)
Total Outstanding Total Due During Payments by month l)
Project Name/Debt Obligation Payee Description Debt or Obligation Fiscal Year Aug(2) Sept Oct Nov Dec Jan Feb Mar Apr May Jun Total
18 Consulting Services Lance Soil 8 Lunghard Audit Services $ 16,000 $ 16,000 $ 10,500 $ 5,500 $ 16,000
19 Bambinos FFE Bambino's Pizza Furniture Fixtures 8 Eqent Loan $ 35,000 $ 16,442 $ 16,442 $ 16,442
20 ENA Agrmt Dtnwn North A2/A3 Levns Retail Centers Potential Liquidated Damages $ 10,000 $ 10,000 $ 10,000 $ 10,000
21 Redev Consulting Services Urban Futures Project Administration $ 325,000 $ 135,451 $ 27,083 $ 27,083 $ 27,083 $ 27,083 $ 27,083 _ $ 135,415
22 Appraisal Services RP Laurain Prop Appraisal 975 W.Foothill(D-Club) $ 2,200 $ 2,200 $ 2,200 __ $ 2,200
23 Appraisal Services RP Laurain Prop Appraisal San Gabriel Ave(Blk 37) $ 7,000 $ 7,000 $ 7,000 $ 7,500
24 Oper Convenant Agrmt APPLE SOCAL LLC Applebee's Operating Covenant Payment $ 200,000 $ 200,000 $ 200,000 $ 200,000
25 Enviornmental Services LSA Atlantis Garden CEQA Study $ 37,800 $ 11,309 $ 11,309 $ 11,309
26 Consutling Services Impact Sciences Atlantis Garden Specific Plan $ 14,850 8 12,790_ 8 12,790 $ 12,790
27 ENA(Atlantis Garden) Mercy Housing Potential Liquidated Damages $ 50,000 $ 50,000 $ 50,000 $ 50,000
28 ENA(Enterprise) Kal Pacific 8 Associates Hotel Appraisal $ 15,000 8 15,000 $ 15,000 $ 15,000
29 DDA(9th/Alameda)Hsng Proj City Ventures LLC Potential Liquidated Damages $ 25,000 $ 25,000 $ 25,000 $ 25,000
30 DDA(Azusa/Arrow Hwy) The Charvat Family LLC Potential Liquidated Damages $ 50,000 $ 50,000 ,$ 50,000 $ 50000
31 Consulting Services Overland Pacific 8 Cutler,Inc. Atlantis Garden Replace Hung Plan $ 3,553 $ 3,553 $ 3,553 $ 3,553
_
32 Contract Purchase Order E 8 L Services Repair of Agency Property $ 20,040 $ 18,370 $ 1,670 $ 1,670 $ 1$70 $ 1,670 $ 1,670 S 1,670 $ 1,670 $ 1,670 $ 1,670 $ 1,670 $ 1,670 $ 18,370
33 Contract Purchase Order Miss Azusa Scholarship Program Miss Azusa&Miss Outstanding Teen Azusa $ 15,000 $ 15,000 $ 15,000 _ $ 15,000
34 Legal Services Best Best 8 Krieger Redevelopment Legal Counsel $ 400,000 $ 200,000 $ 33,333 $ 33,333 8 33,333 0 33,333 $ 33 333 $ 33,333 $ 199,998
35 Agency Operations Verizon Reader Board Monthly Utility Big $ 1,375 8 1,375 8 125 8 125 $ 125 $ 125 $ 125 $ 125 $ 125 S 125 $ 125 $ 125 $ 125 $ 1,375
36 Agency Operations . Verizon Cell Phone for Redev.Proj.Mgr. S 600 $ 600 $ 100 $ • 100,$ 100 $ 100 $ 100 $ 100 _ $ 600
37 Agency Operations Iron Mountain Monthly Records Storage $ 1,450 $ 1,450 $ - _$ 145 $ 145 $ 145 $ 145 8 145 $ 145 $ 145 $ 145 8 145 $ 145 $ 1,450
38 Agency Operations National Construction Rentals,Inc. Security Fence(716-718 N.Dalton An) $ 2,882 5 2,882 $ 262 $ 262 $ 262 $ 262 0 262 $ 262 8 262 $ 262 $ 262 S 262 S 262 $ 2,882
39 Agency Operations AT&T Fax Machine $ 120 $ 60 $ 10 $ 10 8 10 $ 10 $ 10 $ 10_ 0 60
40 Agency Operations National Construction Rentals,Inc. Security Fence(Choi Property) $ 1,000 0 1,000 $ 500 $ 500 $ 1,000
41 Agency Operations Azusa Light 8 Water Utility costs 8 7,900 S 7,900 $ 658 0 658 $ 658 $ 658 $ 658 $ 658 $ 658 $ 658 $ 658,$ 658 8 658 $ 7,238
42 Agency Operations Fed Ex Package Delivery 0 200 8 200 $ 50 $ 50 $ 50_$ 50 $ 200
43 DDA(Azusa/Arrow Hwy) AAJ Demolition of 17511 E.Arrow Hwy $ 27,800 $ 27,800 $ 27,800 $ 27,800
44 Agency Operations Office Depot Office supplies $ 400 $ 400 $ - l_$ 100 $ 100 $ 100 $ 100 $ 400
45 Advertising San Gabriel Valley Tribune Advertising and Public Notices $ 12,000 $ 12,000 $ 3,000 $ 3,000 $ 3,000 $ 3,000 $ 12,050
46 Travel and Meeting Expenses US Bank Travel and Meeting Expenses $ 3,000 $ 3,500 $ 1,500 $ 2,000 _ $ 3,000
47 Bond Administration Wells Fargo Bank Trustee Administration Charges $ 14,000_$ 14,000 $ 4.000 $ 2,500 $ 5,000 $ 2,500 $ 14,000
48 Continuing Disclosures Urban Futures Continuing Disclosures $ 9,250 $ 9,250 S 9,250 _ $ 9,250
49 Bond Administration Bank of New York Mellon Trustee Administration Charges 8 1,550 $ 1,550 $ 1,550 0 1,550
50 Administrative Fees City of Azusa Successor Agency Administrative Fees $ 104,167 $ 104,167 ' $ 104,167 $ 104,167
51 Insurance Fees/Premiums ICRMA Insurance-Liability Coverage $ 20,000 $ 20,000 $ 10,000 $ 10,000 $ 20,000
52 Property Taxes-Hamza Los Angeles County Tax Collector Property Taxes-Former Tenant $ 307 $ 307_ $ 137 $ 170 $ 307
53 Price Company Developer Agreement Price Family Sales Tax Allocation Note $ 12.102,588 $ 671,000 $ 74,100 $ 71,730 _ _ $ 70,600 $ 154,470 $ 120,600 $ 179,500 $ 671,000
54 Sales Tax Allocation Note City of Azusa Sales Tax Allocation Note $ 2,013,000 $ 671,000 8 106.450 $ 106,000 $ 146,840 $ 79,400 $ 99,100 $ 100,450 $ 32,760 $ 671,000
55 Note Payable-Price City of Azusa Sales Tax Due City $ 22,413,744 5 -
56 SERAF-FY 2010-11 Loan City of Azusa-L&W FY 2010-11 SERAF Payment to State $ 532,989 8 532,989 $ 2523 $ 2,535 $ 2,548 8 2,561 $ 2,574 $ 2,586_$ 2,599_$ 2,612 $ 2,625 $ 2,638 $ 507,188 $ 532,989
57 Unemployment Benefits EDD Unempl.benefit costs to former RDA employees $ 140,400 8 28,350 _ . $ 5,400 $ 5A00 8 5,400 $ 6,750 8 5,400 $ 28,350
58 Termination Costs Former Employees Termination costs to former RDA employees $ 36,700 $ 36,700 $ 36,700 $ 36,700
Totals-This Page(4) _$ 38,673,865 $ 2,936,095 $ 147,417 0 463,388 $ 238,183 $ 147,097 $ 253,692 $ 215,659 $ 144,959 $ 184,422 $ 165,355 $ 132,848 5 842,375 $ 2,935,395
(1)This Revised Enforceable Obligation Payment Schedule(EOPS)amends the schedule adopted by the Azusa Redevelopment Agency on September 6,2011.11 is valid through 06/30/12.
(2)Includes only payments to be made after the adoption of the EOPS.
(3)All payment amounts are estimates.
(4)Items 47 through 58 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 adopted January 23,2012)
c.
Name of Redevelopment Agency Azusa Redevelopment Agency Page 1 of 1 Pages EXHIBIT A
Project Areals) Merged Central Business District 8 West End Project Area
REVISED 01-18-12
OTHER OBLIGATION PAYMENT SCHEDULE
Per AB 26-Section 34167 and 34169(1)
Total Outstanding Total Due During Payments by month(3)
Project Name/Debt OMigation Payee Description Debt or Obligation, Fiscal Year Aug(2) Sept Oct Nov Dec Jan Feb Mar Apr May Jun Total
1)Pass Through Est County Pace-Through/Admin 89,395,083.00 2,563,050.00 1,281,525.00_ $1,281,525.00
2)Pass Through Est Statutory Tax Sharing Pass-Through 11,238,510.00 176,985.00 88492.50 $ 88,492.50
3)
4) $ -
5) $
$ -
6)
7) $ -
$ -
8)
-
9) $
10) $ -
$ -
11)
$ -
12)
13) 5 -
14) $ -
$ -
15)
16) $ -
$ -
17)
$ -
18)
19)
$ -
20)
21)
22) $ -
23) $ -
24) $ -
-
25! $
26) $ -
-
-
27) $
28) $ -
'Totals-Other Obligation(4) 1$ 80,631,593.00 I$ 2,740,035.00 I$ - I s - 1 s - I$ - I I I 1 I I I s - I$1,370,017.50
(1)This Revised Enforceable Obligation Payment Schedule(FOPS)amends the schedule adopted by the Azusa Redevelopment Agency on August 18,2011.It Is valid through 12/31111.kis the bash for the Preliminary Draft Recognized Obligation Payment Schedule(ROPS),which must be prepared by the dissolving Agency by 9/30111.(The
draft ROPS must be prepared by the Successor Agency by 11130111.)If an agency adopts a continuation ordinance per ABX1 27,this FOPS 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 FOPS.
(3)All payment amounts are estimates.
(4)No Items have been added to this Revised Other Obligation Schedule for the Merged Central Business District and West End Project Area pursuant to Agency Resolution Number 114835 adopted September 6,2011)
0
h
Name of Redevelopment Agency: Azusa Redevelopment Agency Page 1 ell Pages EXHIBIT A
Project Area(s) Ranch Center Project Area
REVISED 01-18-12
ENFORCEABLE OBLIGATION PAYMENT SCHEDULE
Per AB 26-Section 34167 and 34169(1)
Total Outstanding Total Due During Payments by monthi3)
• Project Name f Debt Obligation Payee Description Debt or Obligation Fiscal Year , Aug(2) Sept Oct Nov Dec _ Jan Feb Mar Apr May Jun Total
-
1 City LAW Enterprise Loan City of Azusa LAW Fund 25-Year Secured Note-Revolving $ 2.128,868 $ 151,455 - 151,445 151,445
2 City Loan City of Azusa Unsecured Note-Due City $ 5,187,363 $ 125,590 125,590 125,590
3 Sales Tax Reimbursement City of Azusa Sates Tax Due City $ 1,508,508 $ 15,880 - - 15,880 15,880
4 City LAW Enterprise Loan City of Azusa LAW Fund Advance/Rehabilitation Improvements $ 1,902,066 $ 77,715 77,715 77,715
5 SERAF-FY 2010-1.1 Loan City of Azusa FY 2010-11 SERAF Payment to State $ 8,972 $ 8,972 S 42 $ 43 $ . 43 $ 43 0 43 $ 44 $ 44 S 44 9 44 $ 44 $ 8,538 8,972
6 _
7 $ -
8 $ -
9 $ -
_10 $ -
11 $ -
12 5 -
13 $ -
14 $ -
15 - $ -
16 $ -
17 5 -
18 $ -
19 , 6 $ -
20 $ -
21 $ -
22 $ -
23 o • $ -
24 • $ -
25 $ -
26 S - _
27 _ . $ -
28 $ -
29 - 8 -
30 $ -
Totals-This Page 5 10,735,777.00 $ 379,812.00 S 42.00 $ 43.00 $ 43,00 5 43.00 $ 44.00 $ 44.00 $ 44.00 $ 44.00 $ 44.00 5 379,168.00 $ - $379,602.00
Totals-Page 2 $ - $ - $ - S - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
Totals-Page 3 $ - $ - $ - $ - $ - $ - $ - E • $ - $ - $ - $ - $ - $ -
Totals-Page 4 $ - $ - $ - $ - $ - $ - $ - $ - l$ - $ - $ - $ - $ - $ -
Totals-Other Obligations 4309,747.00 $ 103,293.00 5 - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 47,608.00 $103.294.00
Grand total-AI Pages(4) $ 15,045.524.0015 482.905.00 S 42.00 $ 43.00 j$ 43.00 $ 43.00 1 $ 47 608.00 5482,896.00
(1)This Revised Enforceable Obligation Payment Schedule(FOPS)amends the schedule adopted by the Azusa Redevelopment Agency on September 8,2011.It is valid through 06/30/12.
(2)Include only payments to be made after the adoption of the EOPS.
(3)All payment amounts are estimates.
(4)No Items have been added to this Revised Enforceable Obligation Schedule for the Ranch Center Project Area pursuant to Agency Resolution Number 11-835 adopted September 6,20
Name of Redevelopment Agency Azusa Redevelopment Agency Page 1 of 1 Pages EXHIBIT A
Project Area(s) Ranch Center Project Area
REVISED 01-18-12
OTHER OBLIGATION PAYMENT SCHEDULE
Per AB 26-Section 34167 and 34169(1)
Total Outstanding Total Due During Payments by month(3)
Project Name/Debt Obligation Payee Description Debt or Obligation Fiscal Year Aug(2) Sept Oct Nov Dec Jan Feb Mar Apr May Jun Total
1)Pass Through Agreement Azusa Unified Pass Through 293.464 12,197 4,897 3,650 3,650 12,197
2)Pass Through Agreement Citrus College Pass Through 160,373 4,406 3,181 613 613 4,407
3)Pass Through Agreement LA County Admin Pass Through 3,855,910 86,690 43,345 43,345 86,690
4) $
5) $
6) $ -
7) $
8) $
9)
10) $ -
11) $ -
12) $
13) $
14) $ -
15) $ -
16)
17) $
18)
$ -
19)
$
20)
$ -
21) $
22) $ -
23) $ •
24) I'
25) $ -
26) - - $ -
27) $ -
28) $ -
'Totals-Other Obligations(4) I$ 4,309,747.00 I$ 103,293.00 I$ - IS - I$ - I$ - I I I I I I I$ 47,608.00 I$ 103,294.00
(1)This Revised Enforceable Obligation Payment Schedule(EOPS)amends the schedule adopted by the Azusa Redevelopment Agency on September 6,2011.It is valid through 06/30112.
(2)Include only payments to be made after the adoption of the EOPS.
(3)All payment amounts are estimates.
(4)No Items have been added to this Revised Other Obligation Schedule for the Ranch Center Project Area pursuant to Agency Resolution Number 11-835 adopted September 6,2011