2013/09/24 City Council Resolution 2013-135RESOLUTION NO. 2013-135
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROHNET PARK AS
SUCCESSOR AGENCY TO THE COMMUNITY DEVELOPMENT COMMISSION OF
THE CITY OF ROHNERT PARK APPROVING THE
RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR
JANUARY 1 — JUNE 30, 2014 ( "ROPS 13- 1413"), PURSUANT TO SECTION 34177 OF
THE CALIFORNIA HEALTH AND SAFETY CODE
WHEREAS, in accordance with Section 341710) of the California Community
Redevelopment Law (Health & Safety Code § 33000 et seq.) ( "CRL "), the City Council of the
City of Rol-inert Park ( "City" or "City Council," as applicable) is the Successor Agency to the
former Community Development Commission of the City of Rohnert Park ( "Commission "), and
is responsible for, among other things, winding down the dissolved Commission's affairs,
continuing to meet the Commission's enforceable obligations, overseeing completion of
redevelopment projects and disposing of the assets and properties of the Commission, all as
directed by the oversight board created pursuant to Section 34179 of the CRL ( "Oversight
Board ");
WHEREAS, Section 34177 (1)(2) of the Health and Safety Code requires the City of
Rohnert Park as the successor agency to submit to the State Department of Finance ( "DOF "), the
State Controller, and the Sonoma County Auditor - Controller ( "County Auditor ") for review,
Recognized Obligation Payment Schedules ( "ROPS ") which include enforceable obligations and
Successor Agency administrative costs for six -month periods;
WHEREAS, on June 27, 2012, the Governor signed into law, AB 1484 ("Redevelopment
Budget Trailer Bill ") to make technical and substantive amendments to AB 26 ( "Dissolution
Act ") concerning issues including but not limited to, enforceable obligations and successor
agency administrative costs;
WHEREAS, pursuant to AB 1484, the ROPS for the period of January 1, 2014 to June 30,
2014 ( "ROPS 13 -14B ") shall be submitted to the County Auditor - controller, State Controller's
Office and Department of Finance no later than October 1, 2013, after approval by the Oversight
Board.
WHEREAS, successor agency staff have prepared the attached ROPS and submitted it to the
Oversight Board for review and approval, and at the same time have provided a copy of the
attached ROPS to the County Administrative Officer, the County Auditor and DOF, all as
required pursuant to Health and Safety Code Section 34177(1)(2)(B).
NOW, THEREFORE, CITY OF ROHNERT PARK FOR THE SUCCESSOR
AGENCY OF THE CITY OF ROHNERT PARK DOES RESOLVE AS FOLLOWS:
Section 1. The Third Recognized Obligation Payment Schedule for the period January 1,
2014 to June 30, 2014 in the form attached to this resolution and incorporated herein by
reference is hereby approved.
Section 2. The staff of the Successor Agency is hereby directed to submit the ROPS to DOF,
the State Controller and the County Auditor and post the ROPS on the Successor Agency's
website in accordance with Health and Safety Code Section 34177(1)(2)(C), and to cooperate
with DOF to the extent necessary to obtain DOF's acceptance of the ROPS, including, if
necessary, making modifications to the ROPS determined by the City Manager to be reasonable
and financially feasible to meet its legally required financial obligations.
DULY AND REGULARLY ADOPTED by the City Council of the City of Rohnert Park as
Successor Agency to the Community Development Commission of the City of Rohnert Park this
24th day of September, 2013.
ATTEST:
JoAnne Buer ler, Cit CI
g Y
Attachments: ROPS 13 -1413
CITY OF ROHNERT RK
Pam Staffgr , Mayor
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AYES: ( 3 ) NOES: ( O ) ABSENT: ( Z. ) ABSTAIN: ( O )
2013 -135
Recognized Obligation Payment Schedule (ROPS) 13 -14B - ROPS Detail
January 1, 2014 through June 30, 2014
(Report Amounts in Whole Dollars)
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Funding Source
Non - Redevelopment Property Tax Trust Fund
(Non- RPTTF)
RPTTF
Contract/Agreement
Contract/Agreement
Total Outstanding
Item #
Project Name / Debt Obligation
Obligation Type
Execution Date
Termination Date
Payee
Description /Project Scope
Project Area
Debt or Obligation
Retired
Bond Proceeds
Reserve Balance
Other Funds
Non - Admin
Admin
Six -Month Total
$ 118,860,618
$ -
$ -
$ -
$ 2,871,119
$ -
$
1
1999 Tax Allocation Bonds
Bonds Issued On or
1/27/1999
8/1/2035
Union Bank
Bonds issue to fund non - housing
Rohnert Park
30,695,000
N
395,000
$ 395,000
Before 12/31/10
projects
Redevelopment
Project Area
2
2001 Tax Allocation Bonds
Bonds Issued On or
9/25/2001
8/1/2020
Union Bank
Bonds refunding issue
Rohnert Park
6,339,938
N
970,388
$ 970,388
Before 12/31/10
Redevelopment
Project Area
3
2007R Tax Allocation Bonds
Bonds Issued On or
3/28/2007
8/1/2037
Union Bank
Bonds issue for non - housing projects
Rohnert Park
41,495,613
N
486,959
$ 486,959
Before 12/31/10
Redevelopment
Project Area
4
2007H Tax Allocation Bonds
Bonds Issued On or
3/28/2007
2/1/2038
Union Bank
Bonds issue to fund housing projects
Rohnert Park
30,473,553
N
338,991
$ 338,991
Before 12/31/10
Redevelopment
Project Area
5
2003 LRRB's 90% Paid by CDC
Bonds Issued On or
7/17/2003
7/1/2025
Union Bank
Lease Revenue Refunding Bonds
Rohnert Park
6,919,365
N
438,781
$ 438,781
Before 12/31/10
Redevelopment
Project Area
6
Adminsitrative Allowance
Admin Costs
1/1/2014
6/30/2014
City of Rhonert Park
Support costs (e.g., Executive
Rohnert Park
250,000
N
$ -
Director, CFO, Legal, etc.) 2011 -02)
Redevelopment
Project Area
7
Fund Contribution
Miscellaneous
5/29/2001
5/30/2021
City of Rhonert Park
Golf course CIP Fund contribution per
Rohnert Park
-
N
$ -
LeaseAgmtw /CourseCo. (Term May
Redevelopment
2021)
Project Area
8
Affordable Housing Loan
Business Incentive
12/1/1997
4/20/2013
Sonoma County
7982 Santa Barbara Drive. Payment
Rohnert Park
-
N
$ -
Agreements
Community Development
of principal and simple Interest at rate
Redevelopment
Commission
of 3% per annum due on or before
Project Area
April 20, 2013.
9
Affordable Housing Loan
Business Incentive
12/1/1997
9/1/2013
Sonoma County
746 Brett Avenue. Payment of
Rohnert Park
-
N
$ -
Agreements
Community Development
principal and simple Interest at rate of
Redevelopment
Commission
3% per annum due on or before
Project Area
September 1, 2013.
10
Housing Staff Support
Admin Costs
1/1/2014
6/30/2014
City of Rhonert Park
Monitoring requirements & other
Rohnert Park
-
N
$ -
actions associated with housing
Redevelopment
function
Project Area
11
Housing Maintenance
Property
1/1/2014
6/30/2014
City of Rhonert Park
Maintenance costs associated with
Rohnert Park
-
N
$ -
Maintenance
housing assets (i.e., properties)
Redevelopment
Project Area
12
Burke, Williams and Sorenson
Legal
1/1/2014
6/30/2014
Burke, Williams and
City Attorney (CDC Reso No 2010 -20)
Rohnert Park
-
N
$ -
Sorenson
Redevelopment
Project Area
13
Rohnert Park Community Center
OPA/DDA/Constructi
1/25/2011
12/31/2015
Successor Agency
Various improvements to Community
Rohnert Park
-
N
$ -
Improvements
on
Center Campus as recommended by
Redevelopment
the Feasibility Study (see item #21-
Project Area
page 1) including energy savings
improvements, redesign of the center
plaza area, development of adjacent
vacant lot and other phased projects.
Recognized Obligation Payment Schedule (ROPS) 13 -14B - ROPS Detail
January 1, 2014 through June 30, 2014
(Report Amounts in Whole Dollars)
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Funding Source
Non - Redevelopment Property Tax Trust Fund
(Non- RPTTF)
RPTTF
Contract/Agreement
Contract/Agreement
Total Outstanding
Item #
Project Name / Debt Obligation
Obligation Type
Execution Date
Termination Date
Payee
Description /Project Scope
Project Area
Debt or Obligation
Retired
Bond Proceeds
Reserve Balance
Other Funds
Non - Admin
Admin
Six -Month Total
14
Recreational and Community
OPA/DDA/Constructi
1/25/2011
12/31/2015
Successor Agency
Improve recreational and community
Rohnert Park
-
N
$ -
Facilities Improvements
on
facilities serving the Project Area.
Redevelopment
Several projects have been identified
Project Area
including an acquatics facility,
water /spray parks and all- weather
sports fields. Feasibility studies are
underway (see item #22 - page 1).
15
Commercial Building Improvement
Improvement/Infrastr
1/25/2011
12/31/2015
Successor Agency
Program will provide low interest loans
Rohnert Park
-
N
$ -
Program
ucture
for facade improvements and
Redevelopment
commercial rehabilitation of
Project Area
commercial properties withinn the
Project Area.
16
Temporary Fire Station Facility
Improvement/Infrastr
1/25/2011
12/31/2015
Successor Agency
Modification of an existing City -owned
Rohnert Park
-
N
$ -
ucture
building to utilize it as a temporary fire
Redevelopment
station to service portions of the
Project Area
Project Area. Facility will provide
service until such time as funding is
available for a permanent facility.
17
Community Sign Program
Improvement/Infrastr
1/25/2011
12/31/2015
Successor Agency
Based on Corridor Plan, develop
Rohnert Park
-
N
$ -
ucture
functional signage for major streets
Redevelopment
and major attractions.
Project Area
18
Neighborhood Beautification
OPA/DDA/Constructi
1/25/2011
12/31/2015
Successor Agency
Programs provides assistance to
Rohnert Park
-
N
$ -
Program
on
residential property owners for
Redevelopment
improvements such as painting,
Project Area
landscaping and other improvements.
19
Avram Development/Former City
OPA/DDA/Constructi
1/25/2011
12/31/2015
Successor Agency
Redevelop former City Hall site and
Rohnert Park
-
N
$ -
Hall Reuse
on
two contiguous parcels (6230
Redevelopment
Commerce Blvd., 100 and 120 Avram
Project Area
Avenue) based on findings made in
feasibility study related to affordable
housing obligations.
20
Southwest Fire Station Reuse
OPA/DDA/Constructi
1/25/2011
12/31/2015
Successor Agency
Redevelop property with 17 very -low
Rohnert Park
-
N
$
on
income housing units or an alternative
Redevelopment
use focused on creating a public
Project Area
assistance site.
21
Rohnert Park Housing Rehabilitation
OPA/DDA/Constructi
1/25/2011
12/31/2015
Successor Agency
Provide rehabilitation loans to low and
Rohnert Park
-
N
$ -
Loan Program
on
very-low income households.
Redevelopment
Project Area
22
Assistance to Community Based
OPA/DDA/Constructi
1/25/2011
12/31/2015
Successor Agency
Provide financial assistance for health
Rohnert Park
-
N
$ -
Organizations
on
and safety repairs to homes occupied
Redevelopment
by low- income families with children,
Project Area
seniors and disabled individuals.
Provide one -time rental assistance to
eligible residents experiencing
financial difficulty. Provide rental
subsidy for low and very-low income
individuals /families living in CDC -
owned, COTS - managed Transitional
and Shared Living homes.
Recognized Obligation Payment Schedule (ROPS) 13 -14B - ROPS Detail
January 1, 2014 through June 30, 2014
(Report Amounts in Whole Dollars)
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Funding Source
Non - Redevelopment Property Tax Trust Fund
(Non- RPTTF)
RPTTF
Contract/Agreement
Contract/Agreement
Total Outstanding
Item #
Project Name / Debt Obligation
Obligation Type
Execution Date
Termination Date
Payee
Description /Project Scope
Project Area
Debt or Obligation
Retired
Bond Proceeds
Reserve Balance
Other Funds
Non - Admin
Admin
Six -Month Total
23
Southwest Boulevard Shopping
OPA/DDA/Constructi
1/25/2011
12/31/2015
Successor Agency
Housing Element identifies this site for
Rohnert Park
-
N
$ -
Center Site
on
redevelopment of mixed -use housing
Redevelopment
with 12 affordable housing units, 4
Project Area
very-ow income and 8 low- income
units.
24
Acquisition of Affordability
OPA/DDA/Constructi
1/25/2011
12/31/2015
Successor Agency
Purchase affordability covenants to
Rohnert Park
-
N
$ -
Covenants
on
restrict occupancy of Rohnert Park
Redevelopment
rental units for 55 years to low and
Project Area
very-low income households.
25
Subsidies for Non - Profit
OPA/DDA/Constructi
1/25/2011
12/31/2015
Successor Agency
Provide subsidies to non - profit
Rohnert Park
-
N
$ -
Development
on
developers to increase affordable
Redevelopment
housing opportunities within the
Project Area
Project Area and City.
26
City/County Loans
7/8/2003
7/7/2023
Successor Agency
Rohnert Park
2,687,150
N
241,000
On or Before 6/27/11
Redevelopment
Project Area
Ground Lease (CDC Reso No. 2003 -
Community Center Complex
08)