2009/12/08 City Council Resolution 2009-132RESOLUTION NO. 2009-1.32
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROHNERT PARK
RECEIVING THE ANNUAL REDEVELOPMENT REPORT FOR FISCAL YEAR
ENDING JUNE 30, 2009 FROM THE COMMUNITY DEVELOPMENT COMMISSION
OF THE CITY OF ROHNERT PARK
WHEREAS, Section 33080.1 of Community Redevelopment Law of the State of
California, Health and Safety Code, requires that each redevelopment agency within the State of
California present an annual report to its legislative body within six months of the end of the
agency's fiscal year; and
WHEREAS, the Community Development Commission of the City of Rohnert Park
(CDC) has prepared the 2008 -09 Annual Report containing various financial and performance
information for the Rohnert Park Redevelopment Project Area and has submitted it to the City
Council; and
WHEREAS, the State Controllers Report, Independent Auditors Report and Financial
Statement and the California Housing and Community Development Report are components of
the CDC's Annual Redevelopment Report; and
WHEREAS, upon completion of the State Controllers Report, Independent Auditors
Report and Financial Statement and the California Housing and Community Development
Report the City Council authorizes and directs the CDC to file the reports with the appropriate
,governing agency following any necessary approvals; and
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Rohnert
Park that it has received from the Community Development Commission the Redevelopment
Annual Report for Fiscal Year ending June 30, 2009.
DULY AND REGULARLY ADOPTED this 8th day of December 2009.
CITY OF ROHNERT PARK
haft V
Mayor 1
19 62�
BELFORTE: AYE CALLINAN: AYE MACKENZIE: AYE STAFFORD: AYE BREEZE: AYE
AYES: (5) NOES: (0) ABSENT: (0) ABSTAIN: (0)
JH- S:05 -d
Independent Financial Audit and Financial Statement, State Controller's Report and
Department of Housing and Community Development Report
The State Controller's Report, Department of Housing and Community Development Report
(HCD Report) and the Independent Financial Audit and Financial Statement (Audit Report) is
currently being prepared and will be submitted to the appropriate governing agency upon
completion.
Accounting of Housing and Displacement Activities
CRL Section 33080.1(a)(2)(c), requires a description of the Commission's affordable housing
activities in the 2008 -09 fiscal year. Accordingly, the following has been identified:
a. Displacement: There were no non - elderly or elderly households that were displaced or
moved from their dwelling units as part of a redevelopment project of the Agency during
the 2008/09 fiscal year.
b. Housing Activities:
• The Commission approved a Subordination Agreement among Vida Nueva Partners
L.P. (Developer), the California Housing Finance Agency (CaIHFA) and the
Commission. The Subordination Agreement was required for the Developer to secure
Mental Health Services Act (MHSA) financing for the project which is administered
by CaIHFA. In order to authorize and approve the Subordination Agreement, the
Commission approved Amendment Number Two to the Affordable Housing and Loan
Agreement and Amendment Number One to the Affordable Housing and Maintenance
Covenant which were between the Commission and the Developer. Approval of the
Subordination Agreement released the Commission's contingent funding commitment
in the event that the MHSA funding was not secured for the project. This contingent
funding commitment was authorized on July 10, 2007, per CDC Resolution 2007 -16.
• The Commission authorized and approved a Request for Proposals (RFP) on August
26, 2008 per CDC Resolution 2008 -09, to solicit proposals from qualified developers
to construct a mixed use affordable housing project on -100 Avram Avenue, 120
Avram Avenue and 6750 Commerce Boulevard. The RFP was sent out to three (3)
qualified developers selected through a Request for Qualifications (RFQ) process
which was previously authorized by the Commission. The RFQ process was used to
generate a short list of qualified developers based on Commission staff's analysis of
the RFQ responses. The three qualified developers selected through the RFQ. process
were Bridge Housing, Burbank Housing and Sherman Associates Inc.
• Commission staff requested authorization and approval to move forward with an
Exclusive Negotiating Agreement (ENA) with Sherman Associates Inc. for the
development of a mixed -use affordable housing project at the properties located at
6750 Commerce Boulevard, 100 Avram Avenue and 120 Avram Avenue. This action
followed a RFQ process and a RFP process. Approval of the ENA would have
allowed Commission staff to negotiate exclusively with Sherman Associates, Inc. The
Commission did not authorize moving forward with an ENA Agreement and directed
staff to return with further analysis of the project.
• Commission staff participated in the 2009 Homeless Count and provided $2,194 of
funding, which represents its proportionate share of the cost for coordination of the
count and preparation of the final report. The Homeless Count is a requirement for
each local Continuum of Care organization to receive federal funding for homeless
services which in this case benefits residents throughout Sonoma County.
• The Commission approved Amendment Number Six (6) to the Agreement with
Sonoma County Adult and Youth Development (SCAYD) on September 23, 2008 per
CDC Resolution 2008 -12 extending the Commission's agreement through the end of
the FY 08/09. SCAYD is a non - profit service-organization which operates a homeless
prevention program on behalf of the Commission for residents of Rohnert Park. This
program is designed to prevent homelessness by providing one -time only emergency
assistance to households suffering. from temporary financial difficulty through rental
and deposit assistance and financial counseling. In FY 08/09 the Commission
contributed $130,000 for the program allowing low - income families the opportunity to
live in stable housing while regaining financial stability and independence. SCAYD
was able to assist 112 very low- and low- income households, representing 310 people
in Rohnert Park.
• The Commission contributed $12,834 to SCAYD to assist households residing at
Sonoma Grove RV Park at risk of becoming homeless due to unexpected rent
increases. Staff was directed that FY 08/09 would be the last year the Commission
would provide funding for the program. The Commission had been providing
assistance through this program since February 2006.
• The Commission approved Amendment Number Nine (9) to the Agreement with
Committee on the Shelterless (COTS) on September 23, 2008, per CDC Resolution
2008 -11. The Amendment extended the Commission's Agreement through the end of
FY 08/09. COTS is a non -profit service organization that manages and operates a
Shared Housing Program which houses single parent families who are transitioning
from homelessness to independent living. The Commission contributed a total of
$64,500 to COTS for the Program. $60,500 of the funding was utilized to manage the
five (5) Commission owned, four - bedroom transitional houses in the City of Rohnert
Park. Approximately four (4) families reside in each house, providing assistance for
up to 20 families. The remaining $4,000 of the Commission funding was a matching
grant for a Housing and Urban Development (HUD) funded transitional home in
' Rohnert Park that is leased by COTS.
• The Commission approved and adopted a Budget Amendment consisting of two
elements. The first facet of the amendment was to authorize reimbursement to COTS
for expenses incurred for emergency maintenance and repairs at two (2) of the
Commission owned homes. The other element of the amendment is to establish a
$10,000 ($2,000 per home) contingency fund for emergency maintenance and repair
needs.
The Commission provided $50,000 of funding to COTS for Professional Services
provided to the residents at Vida Nueva. These services include mental health,
chemical dependency support, employment readiness, parenting education, financial
management and supportive services for residents with ongoing disabilities. The
Commission previously authorized and approved a five (5) year funding commitment
on May 23, 2006, per CDC Resolution 2006 -09, approving up to $75,000 of program
funding to serve residents at Vida Nueva. The Commission only funded a portion of
its commitment in FY 08/09 as the project was not open for the entire year. The
Commission's commitment to provide funding for supportive services helped the
Developer, Vida Nueva Partners L.P., to secure MHSA financing for the project.
• . The Commission contributed $50,000 to Rebuilding Together. Rebuilding Together
(formerly Christmas in April) is a non - profit community organization that provides
free health and safety repairs to the homes of low - income families with children,
seniors and/or disabled individuals. During FY 08/09 the organization was able to
assist 18_very -low income households with home modifications and repairs and was
able to complete several community projects 'including a few for local non - profit
organizations.
• . The Commission approved Amendment Number Nine to the Service Agreement
between the Commission and the Sonoma County Community Development
Commission (SCCDC) for the administration of the Housing Rehabilitation Loan
Program. The SCCDC has administered the program on behalf of the Commission for
residents of Rohnert Park since 1999. This amendment extended the agreement
through October 31, 2009. The Commission provided $202,314.43 of funding for the
program. This amount represents previously committed funds from past budget cycles
along with funding allocated for FY 08/09. The purpose of this program is to maintain
residential properties within the City of Rohnert Park which are occupied by low -
income households.
• The Commission approved Resolution 2009 -08 on April 14, 2009 authorizing
cooperation with the County to assign the 2009 Sonoma County Single Family
Allocation for a Mortgage Credit Certificate Program (MCC Program) and maintain
the existing Cooperative Agreement. The MCC Program provides an annual tax credit
for homebuyers, thus reducing the amount of Federal income tax they pay, and
increasing their disposable income, enabling them to more easily qualify for a
mortgage loan. The Resolution approved by the Commission also authorizes the
SCCDC to apply on behalf of the Commission for future funding allocations to
continue the MCC Program.
• The Commission made its final payment to the City of Rohnert Park in accordance
with the Promissory Note associated with the Cooperation, Reimbursement, and
Purchase and Sale Agreement for the land where the Vida Nueva Project is located.
Acquisition of the site from the City was approved on May 26, 2006, per CDC
Resolution 2006 -07, with repayment to come in 3 payments.
Summary of the CDC's Efforts to Alleviate Blight in the ProiectArea
CRL Section 33080.1 (a)(2)(d), requires a description of the Commission's progress, including
specific actions and expenditures, in alleviating blight in the previous fiscal year. The
Commission's Housing and Redevelopment Implementation Plan covering 2004 -05 through
2008 -2009 lists the CDC's five -year plan for the elimination of blight. This Blight Progress
Report is described in a manner corresponding to the goals and objectives described in the Plan
1) Goal: Housing for All Families — Coinsistent.with Community Redevelopment Law of the
State of California, Health & Safety Code Sections 33000 et seq., increase, improve, and
expand the community's supply of affordable housing.
The following homeless prevention and assistance programs were funded in FY
2008/09:
• $130,000 for SCAYD Homeless Prevention Program. This program is designed
to prevent homelessness by providing one -time only emergency assistance to
households suffering from temporary financial difficulty through rental and
deposit assistance and financial counseling allowing low- income families the
opportunity to live in stable housing while regaining financial stability and
independence.
• $12,834 to SCAYD to provide assistance to households residing at Sonoma
Grove RV Park at risk of becoming homeless due to unexpected rent increases.
• $64,500 for COTS Shared Housing Program which houses single parent families
who are transitioning from homelessness to independent living. COTS manages
and operates a total of six (6) transitional homes within Rohnert Park. Five (5) of
these homes are owned by the Commission.
The following programs were funded to ensure all residential structures and yards in
Rohnert Park are safe, sanitary, adequate, show no visible damage, and exhibit the
appearance of regular maintenance.
• $50;000 to Rebuilding Together for free health and safety repairs to the homes of
low- income families with children, seniors and/or disabled individuals.
• $202,314.43 to SCCDC for the administration of the Housing Rehabilitation Loan
Program.. The purpose of this program is to maintain residential properties within
the City of Rohnert Park which are occupied by low- income households.
• $5,000 for the Neighborhood Enhancement program in order to provide a source
of grant funding for small projects within the residential areas of the
Redevelopment Project Area.
• The Commission approved a Budget Amendment establishing a $10,000 ($2,000
per home) contingency fund for emergency maintenance and repairs for the five
(5) Commission owned homes that are utilized for the Shared Living Program.
This amendment also authorized the reimbursement of expenses incurred for
emergency maintenance and repairs at two (2) of the Commission owned homes.
The CDC is implementing the following programs in order to provide a mixture of owner
and rental housing opportunities affordable to households with very low, low, and moderate
incomes.
The Commission approved a Subordination Agreement among Vida Nueva Partners
L.P. (Developer), the California Housing Finance Agency (Ca1HFA) and the
Commission. The Subordination Agreement allowed the Developer to secure MHSA
financing for the project, which is administered by Ca1HFA. In order to authorize and
approve the Subordination Agreement, the Commission approved Amendment
Number Two to the Affordable Housing and Loan Agreement and Amendment
Number One to the Affordable Housing and Maintenance Covenant which were
between the Commission and the Developer.
• The Commission made its final payment to the City of Rohnert Park in accordance
with the Promissory Note associated with the Cooperation, Reimbursement, and
Purchase and Sale Agreement for the land where the Vida Nueva Project is located.
• The Commission approved a Resolution authorizing cooperation with the County to
assign the 2009 Sonoma County Single Family Allocation for a MCC Program and
maintain the existing Cooperative Agreement with the other incorporated jurisdictions
within Sonoma County and the SCCDC.
Other Goals of the Commission include:
Goal: Clean, Value, and Respect. To stimulate and provide new private investment
opportunities by revitalizing property characterized by deterioration, blight or functional
obsolescence and to encourage continued investment in the Project Area where growth is
planned.
• The Commission contributed $202,314.43 of funding to provide owner- occupied
rehabilitation loans. The program is administered by the SCCDC on behalf of the
Commission. The purpose of this program is to maintain residential properties within the
City of Rohnert Park which are occupied by low- income households.
• The Commission contributed $50,000 to Rebuilding Together. Rebuilding Together
(formerly Christmas in April) is a non -profit community organization that provides free
health and safety repairs to the homes of low- income families with children, seniors
and /or disabled individuals.
• The Commission approved and adopted a Budget Amendment consisting of two elements.
The amendment established a $10,000 ($2,000 per home) contingency fund for
emergency maintenance and repair needs; and authorized reimbursement to COTS for
expenses incurred for emergency maintenance and repairs at two (2) of the Commission
owned homes that are utilized for the Shared Living Program.
• The Commission allocated. $5,000 for the Neighborhood Enhancement program in order
to provide a source of grant funding for small projects within the residential areas of the
Redevelopment Project area.
Goal: Create a Stronger Local Economy. To improve employment opportunities, economic
stability and productivity and to increase public revenues within the Project Area. Strengthen
retail and other commercial functions. To encourage the use of local resources in the
development of the project Are whenever economically feasible.
• The Commission allocated $100,000 for the Chamber of Commerce, $50,000 for
economic development and contributed to the $42,000 to Sonoma County
Tourism to stimulate private investment in the Project Area.
• The Commission approved an agreement with the Chamber of Commerce to
assist Commission staff with furthering economic development programs and
goals. This agreement formalized long - standing arrangements with the Chamber
and serves to build a strong local economy through business expansion, retention,
and workforce development.
The City Center Plaza project was substantially completed. The Commission
funded the cost of the project with Series 2007R Tax Exempt Bond proceeds in
conjunction with funds leveraged from a Transportation for Livable Communities
Grant (TLC Grant). These funds covered the costs of the construction,
professional services and staffing needed to complete the project. Completion of
the Plaza furthers the goals of the City_ Center Concept Plan which was adopted
by the City Council on November 12, 2002, per Resolution 2002 -55. The Plaza
creates a venue for events to be held and provides a central place for residents and
visitors to enjoy, which is identified in the Economic Development Strategic
Action Plan.
The Commission authorized the purchase of granite elements to complete the City
Center Plaza. These elements were included in the budget for the project and
were to be selected by the Designer to specifically meet their vision for the Plaza.
Authorizing the purchase of these granite elements allowed the project to move
forward without any substantial delays and also allowed the Commission to
realize significant cost savings.
The City Council approved a contract with Coastland Civil Engineering for
Construction Management Services which were necessary to complete the City
Center Plaza project. The cost of these professional services was funded with
Transportation for Livable Communities Grant (TLC Grant) funding and Series
2007R Tax Exempt Bond funds.
The Commission acquired a piece of real property from the City of Rohnert Park
known as the City Center Parking Lot using proceeds from the Series 2007R Tax
Exempt Bond Series. The site is located adjacent to the recently completed City
Center Plaza and consists of approximately 2.29 acres. Acquisition of this site by
the Commission serves to further the goal of realizing the City Center Concept
Plan which was adopted by the City Council on November 12, 2002, per
Resolution 2002 -55. The Commission now owns three contiguous. parcels
totaling approximately 2.96 acres. It is envisioned that a mixed use project would
be developed on the sites which would be consistent with the City Center Concept
Plan.
Goal: Prudently Invest in Pubic Infrastructure. To eliminate environmental deficiencies by
achieving a coordinated pattern of commercial, industrial and public land uses in the Project
Area with adequate public improvements including but not limited to streets, utilities and flood
control improvements.
• The Commission approved Amendment No. 1 to the Reimbursement Agreement
with the City of Rohnert Park for the construction of Phase I of the Eastside
Sewer Line Project. The Commission originally entered into a Reimbursement
Agreement on May 22, 2007, per CDC Resolution 2007 -09, allowing the
Commission to fund a portion of the costs for Phase I. Amendment No. 1
authorized an increase in the maximum amount of f inding.provided by the
Commission in an amount not to exceed $3,168,000. This Amendment was
necessitated by the increased cost of the project as compared to the original cost
estimate. The Commission's total contribution of $10,055,724 was funded with
Series 2007R Tax Exempt Bond proceeds, with $3,493,164 being utilized in FY
08/09. Approval of this amendment furthered the Commission's goals of
eliminating environmental deficiencies through investment in public
infrastructure projects which assists with the elimination of blight. Completion of
Phase I of the project serves to encourage in -fill development and the
redevelopment of underutilized and abandoned or vacant parcels within the
redevelopment project area, including the Sonoma Mountain Village site, the
Southwest Boulevard area and the Commerce Boulevard area
The City Center Plaza project was substantially completed. The Commission
funded the cost of the project in conjunction with funds leveraged from a .
Transportation for Livable Communities Grant (TLC Grant). These funds
covered the costs of the construction, professional services and staffing needed to
complete the project. Completion of the Plaza furthers the goals of the City
Center Concept Plan which was adopted by the City Council on November 12,
2002, per Resolution 2002 -55. It creates a venue for events to be held and
provides a central place for residents and visitors to enjoy, which is identified in
the Economic Development Strategic Action Plan.
The Commission makes reoccurring loan payments to the City for the
construction of the Dorothy Rohnert Spreckels Performing Arts Center (PAC) and
makes payments annually to the City for the land for the PAC, Community
Center, and the Sports Center.
The Commission did not approve a proposed Reimbursement Agreement with the
City of Rohnert Park for the construction of Fire Station No. 1. The Agreement
would have allowed the Commission to fund the cost of Fire Station No. l with
Series 2007R Tax Exempt Bond proceeds until funding became available through
other sources such as the Public Facility Financing Plan (PFFP Plan) and the
Memorandum of Understanding with the Federated Indians of Graton Rancheria.
The Commission approved an amendment with Glass Architects, who was
selected to design the Fire Station No. 1 expansion project. The amendment
allowed Glass to change its scope of work to incorporate additional design
elements. Staff was subsequently directed not to move forward with the project.
The Commission acquired a piece of real property from the City of Rohnert Park
known as the City Center Parking Lot using Series 2007R Tax Exempt Bond
proceeds. The site is located adjacent to the recently completed City Center Plaza
and consists of approximately 2.29 acres. Acquisition of this site by the
Commission serves to further the goal of realizing the City Center Concept Plan
which was adopted by the City Council on November 12, 2002, per Resolution
2002 -55. The Commission now owns three contiguous parcels totaling
approximately 2.96 acres. It is envisioned that a mixed use project would be
developed on the site which would be consistent with City Center Concept Plan.
The Commission funded the cost for a Corridor Studies and Implementation Plan.
The goal of the Plan was to prepare an analysis, recommendations and an
implementation plan to improve three major thoroughfares located at Commerce
Boulevard, Southwest Boulevard and State Farm Drive. Each of these corridors is
located within the Rohnert Park Redevelopment Area and had been identified as
potential candidates for revitalization. The Plan also developed concept plans
designed to provide a comprehensive vision for the corridors, foster the
redevelopment of underutilized properties, encourage pedestrian use while
accommodating vehicular traffic including and provide recommendations for
streetscape. improvements that would make these corridors more visually
appealing. Acting in its advisory capacity, the Planning Commission
recommended denial of the Plan following its review.
Goal: Compound on Past Success. To foster the development of a sense of community identity
within the Project Area. To improve the visual image of the City and, specifically, the Project
Area, by reinforcing existing assets and by expanding the potentials of the Project Area.
• See Achievements above under Prudently Invest in Public
Infrastructure.
Goal: Use Land Wisely. To encourage the development of commercial uses along major
thoroughfares. To ensure a variety of commercial, office, and/or industrial land uses which will
physically and economically complement development within the Project Area. To foster the
establishment of landscape buffers between incongruous land uses.
• The Commission funded the cost for a Corridor Studies and Implementation Plan.
The goal of the Plan was to prepare an analysis, recommendations and an
implementation plan to improve three major thoroughfares located at Commerce
Boulevard, Southwest Boulevard and State Farm Drive. Each of these corridors is
located within the Rohnert Park Redevelopment Area and had been identified as
potential candidates for revitalization. The Plan also developed concept plans
designed to provide a comprehensive vision for the corridors, foster the
redevelopment of underutilized properties, encourage pedestrian use while
accommodating vehicular traffic including and provide recommendations for
streetscape improvements that would make these corridors more visually
appealing. Acting in its advisory capacity, the Planning Commission
recommended denial of the Plan following its review.
Loan Report:
CRL Section 33080.1 (a)(2)(e), requires a list of and status report on, all loans made by the
redevelopment agency that are fifty thousand dollars or more, that in the previous fiscal year
were in default or not in compliance with the terms of the loan approved by the Commission.
During FY 08/09 there were no loans made for more than fifty thousand dollars and there are no
loans in default.
Description of Commission -owned Property
CRL Section 33080.1 (a)(2)(f), requires a description of the total number of and nature of
properties that the Commission owns and those properties the agency acquired in the 2008 -09
fiscal year.
1) Committee on the Shelterless ( "COTS ") Shared Housing:
Address
Parcel #
Cost of Purchase
7668 Beverly Dr.
143 273 023 000
$168,000
309 Burton Ave.
143 252 005 000
$378,927
7783 Burton Ave.
143 203 001 000
$353,257
746 Brett Avenue
143 271 049 000
$105,312 (Deed in Lieu)
7982 Santa Barbara Dr.
143 073 005 000
$101,534 (Deed in Lieu)
COTS is a non - profit service organization that operates a Shared Housing Program which
houses single parent families who are transitioning from homelessness to independent
living. COTS manages five, four- bedroom, two bathroom transitional houses within the
redevelopment project area. Each house accommodates approximately four families. The
CDC purchased and/or obtained via Deed in Lieu of Foreclosure these houses for this
purpose. The CDC has an agreement allowing COTS to operate the program in each of
the homes in Rohnert Park.
2) Senior Center /City Hall Annex:
Address Parcel # Cost of Purchase
6800 Hunter Dr $1,523,765
This property consist of a 13,473 square foot building housing Senior Center that
includes multi- purpose room for community and senior activities, a full industrial
kitchen, dining room, activity /game room, storage rooms and classrooms.
3) Avram Avenue Affordable Housing Project:
Address Parcel # Cost of Purchase
6750 Commerce Blvd. 143 - 380 -015 $1,135,000
100 Avram Avenue 143- 380 -022 $1,375;000
120 Avram Avenue 143 -061 -052 $1,721,500
Commission staff sought authorization and approval to move forward with an ENA with
Sherman Associates Inc. Staff recommended Sherman Associates Inc. following their
review of proposals to construct a mixed use affordable housing project on the sites. The
Commission did not authorize moving forward with an ENA and directed staff to conduct
further analysis of the project.
4) City Center Drive. Mixed Use Project:
Address Parcel # Cost of Purchase
415 City Center Drive 143 -051 -066 $550,000
6230 State Farm Drive 143 -051 -065 $1,100,000
N/A — No address 143 - 051 -076 $2,995,000
With the acquisition of APN 143 - 051 -076 from the City of Rohnert Park, the CDC now
owns three contiguous parcels totaling approximately 2.96 acres. The CDC intends to
select a developer to construct a mixed -use project that will complement the newly
constructed City Center Plaza and will further the goals of the City Center Concept Plan
adopted on November 12, 2002, per Resolution No. 2002 -55.
RECONCILIATION STATEMENT -CHANGES, IN INDEBTEDNESS Page 1 of 2
FILED FOR THE 2009 -10 TAX YEAR
Name of Redevelopment Agency Community Development Commission of the City of Rohnert Park
Name of Project Area Rohnert Park Redevopment Project Area
Tax Year 2008 -09 Reconciliation Dates: From July 1, 2008 to June 30, 2009
A B C
D
E
F
Debt Identification:
Outstanding Debt Adjustments
Amounts Paid Against
Remaining
SOI page and line:
All Beginning Increases Decreases
Indebtedness From:
Balance
°rior Yr Current Yr
Brief Description
Balances (Explain) (Explain)
Tax Increment
Other Funds
(A +B- C -D -E)
P 1, Line A P 1, Line A
1991 TA Refunding Bonds
2,320,000
463,059
116,941
1,740,000
P 1, Line B P 1, Line B
1999 Tax Allocation Bonds
33,050,671
362,935
24,945
32,662,791
P 1, Line C P 1, Line C
2001 TA Refunding,Bonds
9,703,446
311,110
77,858
9,314,478 .
P 1, Line D P 1, Line D
2003 Lease Revenue Refunding Bond
7,566,119
442,919
49,512
7,073,688
P 1, Line DD P 1, Line E
2007R Tax Allocation Bonds
63,459,692
1,853,504
475
61,605,713
P 1, Line EE P 1, Line F
2007H Tax Allocation Bonds
48,598,522
10,182,137
38,416,385
P 1, Line E P 1, Line G
Loan from G (1999)
49433,940
277,360
4,156,580
P 1, Line F P 1, Line H
Financial Software Lease payment
(0) 27 (B)
27
(0)
P 1, Line G P 1, Line I
County Pass Through Agreement
0 4,080,096 (C)
4,080,096
0
P 1, Line H P 1, Line J
Housing Set Aside
0 3,221,016 (A)
3,221,016
0
P 1, Line I P 1, Line K
Trustee Fees -1991 TARB
111,436
1,674
419.
109,343
P 1, Line J P 1, Line L
Trustee Fees -1999 TAB
102,125
2,203
99,922
P 1, Line K P 1, Line M
Trustee Fees - 2001 TARB
84,980
1,762
441
82,777
P 1, Line L P 1, Line N
Trustee Fees - 2003 LRRB
69,363
2,898
322
66,143
1, Line FF P 1, Line O
Trustee Fees - 2007 R
80,446
2,380
78,066
1, Line GG P 1, Line P
Trustee Fees - 2007 H
78,300.
0
2,285
76,015
P 1, Line M P 1, Line Q
PAC Land Lease Payments
1,050,000
70,000
980,000
P 1, Line N P 1, Line R
Comm Center /Sports Center Land Lease Pmts
2,100,000 0
140,000
1,960,000
Subtotals
172,809`1040 7,301,139 0
11,232,943
10,455,335
158,421,901
Note:
This form is to reconcile the previous Statement of Indebtedness to the current one being
filed. However, since the reconciliation period is limited by law to a
July 1 - June 30 fiscal year
period, only those items included on the SOI Form A is to be
included on this document. To assist in following each item of
indebtedness
from one SOI to the next, use
page and line number references from each SOI that the item of indebtedness is listed on. If the indebtedness is new to
this fiscal year,
enter "new" in the "Prior Yr" page and line columns. Column F must equal the current SOI,
Form A Total Outstanding. Debt column.
(A) Adjustment is to make
the carryover debt zero from year to year as the set -aside is paid in full upon receipt of the cash.
(B) Adjustment to Springbrook Lease Payment for duplicate payment made in 2008
(C) Adjustment to make the carryover debt zero from year to year
RECONCILIATION STATEMENT - CHANGES IN INDEBTEDNESS Page 2 of 2
FILED FOR THE 2009 -10 TAX YEAR
Name of Redevelopment Agency Community Development Commission of the City of Rohnert Park
Name of Project Area Rohnert Park Redevopment Project Area
Tax Year 2008 -09 Reconciliation Dates: From July 1, 2008 to June 30, 2009
This form is to reconcile the previous Statement of Indebtedness to the current one being filed. However, since the reconciliation period Is limited by law to a
July 1 - June 30 fiscal year period, only those items included on the S01 Form A is to be included on this document. To assist in following each item of indebtedness
from one SOI to the next, use page and line number references from each SOI that the item of indebtedness is listed on, If the indebtedness is new to this fiscal year,
enter "new" in the "Prior W page and line columns. Column F must equal the current SOI, Form A Total Outstanding Debt column.
(D) Reimburse General Fund for 2007 -08 administration costs
(E) Chamber of Commerce funding for 2007 -08
(F) Sonoma County Tourism funding
(G) Capital Improvement Fund for Municipal Golf Course - percentage of revenue
(H) Various consulting services
(1) Adjustment to make carry over debt zero from year to year
(J) To balance Community Center Improvement project expense paid by tax increment
(K) To balance Martin Avenue Storm Drain Project paid from tax Increment
(L) To adjustment balance to zero since and record expenditures on project as paid
(M) To adjustment balance to zero since and record expenditures on project as paid
(N) To adjustment balance to zero since and record expenditures on project as paid
A
B C
D E
F
Debt Identification:
Outstanding Debt
Adjustments
Amounts Paid Against
Remaining
SOI page and line:
All Beginning
Increases Decreases
Indebtedness From:
Balance
Prior Yr Current Yr Brief Description
Balances
(Explain) (Explain)
Tax Increment Other Funds
(A +B- C -D -E)
1, Line R P 1, Line S 2006 -07 Admin Cost Reimbursement
0
600,000 (D)
600,000
0
P 1, Line S P 1, Line T Arbitrage Rebate Services
0
8,475 (1)
8,475
0
P 1, Line T P 1, Line u Chamber of Commerce Funding
0
90,785 (E)
90,785
0
P 1, Line u P 1, Line V Sonoma County Tourism Funding
0
50,000 (F)
50,000
0
P 1, Line V P 1, Line w Foxtail Capital Improvement Fund
0
20,234 (G)
20,234
0
P 1, Line W P 1, Line x Contractual Services
0
252,436 (H)
252,436
0
P 1, Line Z P 1, Line Z Westside Public Safety Facility Project 0413
1,045,757
(992,190) (L)
53,567
0
P 1, Line Y P 1, Line AA Community Center ADA Survey 0430
15,085
(15,960) (M)
(875)
0
P 1, Line Z P 1, Line AB Community Center Improvements 0505
(0)
380 (J)
380
(0)
P 1, Line AA P 1, Line AC Performing Arts Ctr Re -roof 0506
449,692
(449,692) (N)
(0)
P 1, Line AE Martin Avenue Storm Drain 0603
0
180,526 (K)
180,526
0
Subtotals
1,510,534
(255,006) 0
1,255,528.00 0
(0)
Subtotal From Page 1
172,809,040
7,301,139 0
11,232,943 10,455,335
158,421,901
..Grand Totals
174,319,574
7,046,133 0
12,488,471 10,455,335
158,421,901
otote:
This form is to reconcile the previous Statement of Indebtedness to the current one being filed. However, since the reconciliation period Is limited by law to a
July 1 - June 30 fiscal year period, only those items included on the S01 Form A is to be included on this document. To assist in following each item of indebtedness
from one SOI to the next, use page and line number references from each SOI that the item of indebtedness is listed on, If the indebtedness is new to this fiscal year,
enter "new" in the "Prior W page and line columns. Column F must equal the current SOI, Form A Total Outstanding Debt column.
(D) Reimburse General Fund for 2007 -08 administration costs
(E) Chamber of Commerce funding for 2007 -08
(F) Sonoma County Tourism funding
(G) Capital Improvement Fund for Municipal Golf Course - percentage of revenue
(H) Various consulting services
(1) Adjustment to make carry over debt zero from year to year
(J) To balance Community Center Improvement project expense paid by tax increment
(K) To balance Martin Avenue Storm Drain Project paid from tax Increment
(L) To adjustment balance to zero since and record expenditures on project as paid
(M) To adjustment balance to zero since and record expenditures on project as paid
(N) To adjustment balance to zero since and record expenditures on project as paid
STATEMENT OF INDEBTEDNESS - FISCAL YEAR INDEBTEDNESS Form A
FILED FOR THE 2009 -10 TAX YEAR Page 1 of 1
Name of Redevelopment Agency
Community Development Commission of the City of Rohnert Park
Name of Project Area
Rohnert Park
Redevopment Project
Area
For Indebtedness Entered into as of June
30, 2009
AQ
- --
Original Data
---- -i - - - --
Current
—
Debt Identification
Date
Principal
Term
Interest
Rate
Total
Interest
Total.
Outstanding Debt
Principal /Interest
Due During Tax Year
(A) 1991 TA Refunding Bonds
5/91
13,099,895
30 yrs
5.9 -6.8%
16,734,019
1,740,000
580,000
(B) 1999 Tax Allocation Bonds
2199
11,936,651
36 yrs
3.0 -5.3%
24,695,568
32,662,791
387,790
(C) 2001 TA Refunding Bonds
11/01
8,200,000
20 yrs
3.5.4.5%
4,910,300
9,314,478
386,368
(D) 2003 Lease Revenue Refunding Bds
7/03
6,255,000
20 yrs
2.5 -4.75%
3,534,230
7,073,688
439,880
(E) 2007R Tax Allocation Bonds
2007
34,680,000
30 yrs
3.6 % -5 %.
31,237,560
61,605,713
1,959,979
(F). 2007H Tax Allocation Bonds
2007
16,390,000
30 yrs
3.5 % -5%
10,785,791
38,416,385
1,155,319
-' 7) Loan From City GF/1999
2/99
3,518,000
25 yrs
9%
3,961,260
4,156,580
277,060
) Financial Software Lease Payment
8/03
21,240
7 yrs
4%
2,716
(0)
0
(1) County Pass Through Agreement
1987
35,000,000
Open
N/A
0
0
4,080,096
(J) Housing Set Aside
N/A
N/A
Open
N/A
0
0
0
(K) Trustee Fees -1991 TARB
5/91
162,000
30 yrs
N/A
0
109,343
2,093
(L) Trustee Fees -1999 TAB
2/99
125,000
25 yrs
N/A
0
99,922
2,203
(M) Trustee Fees - 2001 TARB
11/01
100,000
20 yrs
N/A
0
82,777
2,203
(N) Trustee Fees - 2003 LRRB
7103
78,122
20 yrs
N/A
0
66,143
3,220
(0) Trustee Fees - 2007R TAB
2007
83,220
30 yrs
N/A
0
78,066
2,380
(P) Trustee Fees - 2007H TAB
2007
81,000
30 yrs
N/A
0
76,015
2,285
(Q) PAC Land Lease Payments
1988
650,000
15 yrs
N/A
0
980,000
105,000
(R) 1999 Land Leases (2)
1999
3,500,000
25 yrs
NIA
0
1,960,000
140,000
(S) 2008 -09 Admin Cost Reimbursement
2001
N/A
Open
N/A
0
0
0
(T) Arbitrage Rebate Services
2001
N/A
Open
N/A
0
0
0
(U) Chamber of Commerce Funding
2001
N/A
Open
N/A
0
0
0
(V) Sonoma County Tourism Funding
2001
N/A
Open
N/A
0
0
0
(W)'Foxtail Capital Improvement Fund
2004
N/A
Open
N/A
0
0
0
(X) Contractual Services
2004
N/A
Open
N/A
0
0
0
(Y) Westside Public Safety Building
2005
N/A
Open
N/A
0
0
0
(Z) Community Center ADA Survey
2005
N/A
Open
N/A
0
0
0
(AA) Community Center Improvements
2005
N/A
Open
N/A
0
(0)
(0)
(AB) Performing Arts Ctr Re -roof
2005
N/A
Open
N/A
0
(0)
(0)
(AC) Martin Avenue Storm Drain
2006
N/A
Open
N/A
0
0
0
Total Fiscal Year Indebtedness 158,421,901 9,525,876
Purpose of Indebtedness:
(A) Refunded previous 19M bond Issue
(B) Tax Allocation Bonds Issued In 1999 for redevelopment purposes
(C) Refunding a portion of 1991 Tax Allocation Refunding Bonds
(D) Refunding 1994 Refunding CDP's
(E) Tau Allocation Bonds Issued in 2007 for redevelopment projects
(F) Tax Allocation Bonds Issued in 2007 for housing projects
(G) Consolidation of Performing Arts Center Construction Loans
(H) Financial Software Lease -10% of Debt
(1) Pursuant to tax sharing agreement
(J) Pursuant to H & S Code Section 33334.2
(K) To fund bond trustee fees
(L) To fund bond trustee fees
(M) To fund bond trustee fees
(N) To fund bond trustee fees
(0) To fund bond trustee fees
(P) To fund bond trustee fees
(Q) To pay for land lease per agreement
(R) To pay4odand leaseper agreement
(S) To reimbu Reimburse General Fund for administration costs
(T) Arltrage Rebate Calculation Service for existing Issuances
(U) Funding for Chamber Operations
(V) Funding for Sonoma county Tourism operations
(W) Funding for Municlapl Golf Course Improvements
(X) Contractual Services with various firms
(Y) Funding for Capital Improvement Project
(Z) Funding for Capital Improvement Project
(AA) Funding for Capital Improvement Project
(AB) Funding for Capital Improvement Project
(AC) Funding for Capital Improvement Project
Agency Name Community Development Commission of the City of Rohnert Park
Project Area Rohnert Park Redevopment Project Area
Tax Year 2009 -10
Reconciliation Dates From July 1, 2008 to June 30, 2009
1. Beginning Balance, Available Revenues $8,775,521
(See Instructions)
2. Tax Increment Received - Gross 11,765,278
All Tax Increment Revenues, to include any Tax
Increment passed through to other local taxing
agencies.
3. All other Available Revenues Received 176,959
. (See Instructions)
4. Revenues from any other source, included in 10,428,343
Column E of the Reconciliation Statement,
but not included in (1 - 3) above.
5. Sum of Lines 1 through 4 $31,146,101
6. Total amounts paid against indebtedness in previous 22,943,806
year. (D + E on Reconciliation Statement)
7. Available Revenues, End of Year (5 - 6) $8,202,295
FORWARD THIS AMOUNT TO STATEMENT OF
INDEBTEDNESS, COVER PAGE, LINE 4
NOTES
Tax Increment Revenues:
The only amount(s) to be excluded as Tax Increment Revenue are any amounts passed through to other loc
agencies pursuant to Health and Safety Code Section 33676. Tax Increment Revenue set -aside in the Low an(
Income Housing Fund will be washed in the above calculation, and therefor omitted from Available Revenues a•
Item 4, above:
This represents any payments from any source other than Tax Increment OR available revenues. For instar
an agency funds a project with a bond issue. The previous SOI included a Disposition Development Agreemen.
which was fully satisfied with these bond proceeds. The DDA would be shown on the Reconciliation Statement
as fully repaid under the "other" column (Col E), but with funds that were neither Tax Increment, nor "Available
Revenues" as defined. The amounts used to satisfy this DDA would be included on line 4 above in order to acc
determine ending "Available Revenues."
STATEMENT OF INDEBTEDNESS - POST FISCAL YEAR INDEBTEDNESS Form B
FILED FOR THE 2009 -10 TAX YEAR Page 1 of 1
Name of Redevelopment Agency Community Development Commission of the City of Rohnert Park.
Name of Project Area Rohnert Park Redevopment Project Area
For Indebtedness Entered into post June 30, 2009
------------------------------- -- - - -- Original Data --------------------------------- I ------------------------------- Current ---------------------------- - ------
Interest Total Total Principal /Interest
Debt Identification Date Principal Term Rate Interest Outstanding Debt Due During Tax Year
NOT APPLICABLE
Total Post Fiscal Year Indebtedness
Purpose of Indebtedness:
Name of Redevelopment Agency
Name of Project Area
riscal Period - Totals
(Optional)
Post Fiscal Period - Totals
Grand Totals
Available Revenues
From Calculation of Available Revenues, Line 7
Net Requirement
STATEMENT OF INDEBTEDNESS - CONSOLIDATED
FILED FOR THE:2009 -10 TAX YEAR
Community Development Commission of the City of Rohnert Park
Rohnert Park Redevopment Project Area
----------------- - - - - -- Current--------------------- - - - - --
Balances Carried Forward From: Line Total Outstanding
Debt
(From Form A, Page 1 Totals) 0) 158,421,901
(From Form B Totals) (2) 0
(3) 158,421,901
(4) 8,202,295
(5) 150,219,606
Consolidate on this form all of the data contained on Form A and B (including supplemental pages). Form A is to include all indebtedness entered into as
of June 30 of the Fiscal Year. Form B may, be filed at the option of the agency, and is to include indebtedness entered into post June 30 of the Fiscal Year,
pursuant to Health and Safety code Section 33675(c)(2). This is optional for each agency and Is not a requirement for filing the Statement of Indebtedness.
The Reconciliation Statement is to include indebtedness from Form A only.
Principal /Interest
Due During Tax Year
9,525,876
0
9,525,876
Certification of Chief Financial Officer:
Pursuant to Section 33675 (b) of the Health and Safety Code, Sandra M. Lipitz Director of Admin Services
I hereby certify that the above is a true and accurate Statement Name Title
of Indebtedness for the above named agency.
Signature
Date
q