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2012/07/27 Successor Agency Oversight Board Resolution 2012-08 • RESOLUTION NO. OSB 2012-08 A RESOLUTION OF THE OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY CITY OF ROHNERT PARK APPROVING THE THIRD RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR JANUARY 1 — JUNE 30, 2013,PURSUANT TO SECTION 34177 OF THE CALIFORNIA HEALTH AND SAFETY CODE WHEREAS, in accordance with Section 34171(j) of the California Community Redevelopment Law (Health& Safety Code § 33000 et seq.) ("CRL"), the City Council of the City of Rohnert 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, 2013, to June 30, 2013 shall be submitted to the county auditor-controller, State Controller's Office and Department of Finance no later than September 1, 2012, 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, THE OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY CITY OF ROHNERT PARK DOES RESOLVE AS FOLLOWS: Section 1. The Third Recognized Obligation Payment Schedule for the period January 1 through June 30, 2013 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 0 0 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 Oversight Board for the Successor Agency City of Rohnert Park this 27th day of July, 2012. OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY CITY OF ROHNERT PARK 'I. ATTEST: / -- C0. Eydie Tacata, Clerk of the Board AYES: 5 BOARDMEMBERS ZANE MACKENZIE BABON1S CALVERT JENK INS NOES: 0 ABSENT: 2 BOARDMEMBERS JOLLEY THOMPSON ABSTAIN: 0 OAK 44827-7159-0414 v 1 EXHI• A TO RESOLUTION NO . OSB .2 - 08 RECOGNIZED OBLIGATION PAYMENT SCHEDULE-CONSOLIDATED FILED FOR THE January 2013 to June 2013 PERIOD Name of Successor Agency Redevelopment Successor Agency of the City of Rohnert Park Current Total Outstanding Total Due Debt or Obligation During Fiscal Year Outstanding Debt or Obligation $ 108,369,518.00 $ 4.553.461 !H Total Due Tor Six Month Period Outstanding Debt or Obligation $ 2,858,198.12 Available Revenues other than anticipated funding from RPTTF $ 174,858.00 Enforceable Obligations paid with RPTTF $ 2,475,206.14 Administrative Cost paid with RPTTF $ 208,133.98 Pass-through Payments paid with RPTTF $ - Administrative Allowance;greater of 5%or anboepated Funding from RPTTF or 250.000 Note.Calculation should not include paaa-Through payments made.vet RPTTF. The RPTTF AcImmearatire Cosi figure above should not exceed they Mrran.stranre Cut Allowance Near) 123.760.31 Certification of Oversight Board Chairman Pursuant to Section 34177(1)of the Health and Safety code, I hereby certify that the above is a true and accurate Recognized T t r bl Enforceae Payment Schedule for the above named agency ` �, � .�� zl I 1 2 rV✓ Name of Redevelopment Agency: Redevelopmen` — -cessor Agency of the City of Rohnert Park ProjectArea(s) RDA Project Are . it EXHIBIT A TO RESOLUTION NO. OSB 2012-08 FORM A - Redevelopment Property Tax Tr and (RPTTF) DRAFT RECOGNIZED OBLIGATION PAYMENT SCHEDULE Per AB 26 - Section 34177 (') Payable from the Redevelopment Property Tax Trust Fund (RPTTF) Contract/Agreement Total Due During "` Payments by month Total Outstanding Fiscal Year Funding Jan 2013 Feb 2013 Mar 2013 Apr 2013 May 2013 Jun 2013 Total Project Name / Debt Obligation Execution Date Payee Description Proiect Area Debt or Obligation 2012-2013" Source Rohnert Park Redevelopment 1). 1999 Tax Allocation Bonds 1/27/1999 Union Bank Bonds issue to fund non -housing proiects Project Area 15,936,297.00 395.000-00 RPPTF 395,000.00 $ 395.000-00 Rohnert Park Redevelopment 2 2001 Tax Allocation Bonds 9/25/2001 Union Bank Bonds refunding issue Project Area 5.985.000.00 968.267.50 RPPTF 968,267 50 $ 968,267.50 Rohnert Park Redevelopment 3 :2007R Tax Allocation Bonds 3/28/2007 Union Bank Bonds issue for non -housing projects Project Area 20.396.000.00 973,918.76 RPPTF 486.959.38 $ 486,959.38 Rohnert Park Redevelopment 4) 2007H Tax Allocation Bonds 3/28/2007 Union Bank Bonds issue to fund housing_ proiects Project Area 16,040,000.00 853,281,26 RPPTF 342,490-63 $ 342,490.63 Rohnert Park Redevelopment 5) 2003 LRRB's 90 % Paid by CDC 7/17/2003 Union Bank Lease Revenue Refunding Bonds Project Area 4,465,000.00 444.161.26 RPPTF 96,080.63 $ 96.080.63 Rohnert Park Support costs (e.g., Executive Director, CFO, Legal, etc.) 2011-02) Redevelopment 6 Adminsitrative Allowance Pursuant to AB 1 x 26 City of Rohnert Park Project Area 6,500,000.00 250,000.00 RPPTF 126-00 $ 126.00 Rohnert Park Golf course CIP Fund contribution per Lease Agmt w/CourseCo- Redevelopment 7 Fund Contribution 5/29/2001 Cityof Rohnert Park (Term May 2021) Proiect Area 182.792.00 22,849.00 RPPTF 1.904.00 1,904.00 1.904.00 1.904.00 1.904.00 1,904.00 $ 11,424-00 Rohnert Park Sonoma County Community 7982 Santa Barbara Drive. Payment of principal and simple Interest Redevelopment 8 Affordable Housing Loan 12/1/1997 Development Commission at rate of 3% per annum due on or before April 20, 2013. Project Area 120,000.00 120.000.00 LMIHF 120, 000.00 $ 120,000.00 Rohnert Park Sonoma County Community 740 Breit Avenue. Payment of principal and simple Interest at rate of Redevelopment 9) Affordable Housing Loan 12/1/1997 Development Commission 3% per annum due on or before September 1, 2013. Project Area 120.000.00 0.00 LMIHF $ - Rohnert Park IVlonitodng requirements 8 other actions associated with housing Redevelopment 10 Housing_Staff Support. City of Rohnert Park function Proiect Area 873.600.00 33.600.00 LMIHF 2.800.00 2.800.00 2,800.00 2,80000 2.800.00 2,800.00 $ 16,800.00 Rohnert Park (Maintenance costs associated with housing assets (i.e., properties) Redevelopment 11) Housing Maintenance -City of Rohnert Park Project Area 1,433,016-00 55,116.00 LMIHF 4.593.00 4.593.00 4.593,00 4,593.00 4,593.00 4,593.00 $ 27,558-00 Ongoing support for housing function. Rohnert Park Agreement for Services Redevelopment 12 Burke, Williams and Sorenson dated August 30, 2010. Burke- Williams and Sorenson City Attorney (CDC Reso No 2010-20) Project Area 546.000.00 21.000.00 LMIHF 1,750.00 1,750.00 1,750-00 1,750-00 1.750.00 1,750.00 $ 10,500.00 13 $ - 14) $ - 15) $ 16) $ - 17 $ 18 $ 19 $ 20 $ 21) $ 22 $ 23 $ 24 $ 25) $ 26) $ 27 $ - 28) $ - 29 $ 30 $ 311 $ 32) $ Totals - This Page (RPTTF Funding) $ 72,597705.00 S 4,137,193.78 NIA $2 299 971.14 $ 11 (147.00 $ 11,047,00 $ 1317047.00 $ 11 047.00 $ 11,047.00 5 2,475,206.14 $ 25.498.845,00 S - N/A $ 9,143.00 $ 9,143-00 $ 9,143.00 $ 128 143.00 $ 9,143.00 $ 9,143.00 S 174.858.00 Totals - Page 2 (Other Funding) $ 10,272.968-00 1 S 418,268-00 N/A $ 38,022.33 $ 34 022.33 $ 34,02133 $ 34,022-33 $ 34,022.33 $ 34 022,33 S 208,133,98 Totals - Page 3 (Administrative Cost Allowance) $ $ - N/A 5 - $ S $ - $ - 5 S - Totals - Page 4 (Pass Thru Payments) Grand total -All Pages $ 108,369,518-00 11 $ 4,553,461.78 52,347,136.47 $ 54,212.33 5 54,212 33 $ 294,212.33 $ 54,212.33 S 54 212.33 S 2,858,198.12 The Preliminary Draft Recognized Obligation Payment Schedule (ROPS) is to be completed by 3/1/2012 by the successor agency, and subsequently be approved by the oversight board before the final ROPS is submitted to the State Controller and State Department of Finance by April 15, 2012. It is not a requirement that the Agreed Upon Procedures Audit be completed before submitting the final Oversight Approved ROPS to the State Controller and State Department of Finance. All totals due during fiscal year and payment amounts are projected. " * Funding sources from the successor agency: (For fiscal 2011-12 only, references to RPTTF could also mean tax increment allocated to the Agency prior to February 1, 2012.) RPTTF - Redevelopment Property Tax Trust Fund Bonds - Bond proceeds Other - reserves, rents, interest earnings, etc LMIHF - Low and Moderate Income Housing Fund Admin - Successor Agency Administrative Allowance Name of Redevelopment Agency: RedeveldpmerIl Successor Agency of Me Clly of Ruhnelt Patk _ FORM B -API Revenue Sources Other Than Redevelopment Property Tax Trust Fund (RPTTF) Project Area(s) RDA project Amn Ad DRAFT RECOGNIZED OBLIGATION PAYMENT SCHEDULE EXHIBIT A TO RESOLUTION NO. OSB 2012-08 Per AB 26-Section 341T7 I') *As amended by the Oversight Board at its meeting of 7/27/12. Payable from Other Revenue Sources ConlrecUAgreement Total Outstanding Total Due During Fiscal Year Fulling Source Payments month Jan2013 Feb 2013 Mar 2013 2013 May 2013 Jun20f3 Total Project Name/Debt Obligation Evecuution Data Pay" Description Pr'ect Area Debtor Ott' advn 2aJ2-2013" 7062 9anla Barbera Once Payment of Rohnert Park Sonoma County Community principal and simple Interest at rate of 3% per Redevelopment } Affordable Housing Loan 12/1/1997 Development Commission um due m or before April 2Ll 2013. Pr lect Area 120 000.00 120 000.00 LMIHF 120 DW.00 S ] OOD.DD 746 Brea Avenue Psyment of principal and Rohnert Park Sonoma County Community simple Interest al rateM 3rrr pet annum due on Redevelopment 21 Aftorrataa Houm Loon 12/1/1997 Dovelo nit Commission or Were Siipierr,her 1 2043 Pr 'ect Area 120DW.W 0.00 LMIHF S Menftonng requirements 8 other actions Rohnert Perk Redevelopment SSe05u Gi of RvhneA Park aii-dated with Musing function Pro act Area 873600.00 33600.00 LMIHF 2.800-W 2W0,00 2W11W0 I 28W.W zew.001 ZOM01) 5 18800.00 Maintenance costs assodatedv4th Musing Rohnert Park Redevelopment 4 Hnua ryWnlaearxe Cityof Rohnert Park assets (i e, properties) Project Area 1-433.016.00 55.116.00 LMIHF 4593.00 4,593.00 459300 4,593.DO 4593-00 4.593-00 S 2755OLW Ongoing support for housing Rohnert Park function. Agreement for Services Redevelopment 5 Burke, Williams and Sorenson dated August 30 2010 Burke Williams and Sorenson'a Anorn CDC Reno No 201a20) Pmji d Area 546 DW Do 21,000.00 LMIHF 1,751)00 1 750.DD 1,75000 1,75000 1,750.DO 3 750-W S 1 SOo.DO ' amour rmpovements to Community Center Campus as recommended by the Rohnert Park Community Center (FeasibilityStudy (see item #21- page 1) Improvements Public Improvements and including energy savings improvements, Affordable Housing (redesign of the center plan area, Rohnert Park Reimbursement Agreement. development of adjacent vacant lot and Redevelopment Bond Executed January 25 2011. Successor Agency udwr haled cis Project Area 2433.673 00 D.OD Proceeds See Nde-lina21 (improve recreational end community Recreational and Community Facilities 'fadlifies serving the Project Area. Several Improvements Public Improvements and Projects have been identified including an Affordable Housing soquafim facility, waterlsproy parks and al Rohnert Park Reimbursement Agreement- weather sports fields. Feasibility studies Redevelopment Bond Executed J.0 2011, SuccessorAgency, are laid nnSa'll sea ttom tt2; - 11. Pr ' Area 3,140, 935.00 0.00 Proceeds see Note- Line 21 5 Pubic hrrprovemenls all Pfogmm wiVl povitle iow interest loans for Commercial Building Improvement Affordable Housing •fapde improvements and commercial Rohnert Park Program Reimbursement Agreement. .rehabilitation of commercial properties Redevelopment Bond 8 Executed Januaryes 252011. SuccsorAancy, vithinn the ProjectArea Project Area 1W50D0 Do 0.00 Proceeds See Nde-Line21 S (Modification of an existing Gtyowmed 'building to utilize it as a temporary fire Temporary Fire Station Facility Public Improvements end station to service portions of the Project Affordable Housing .Area Facility will provide service until Rohnert Park Reimbursement Agreement such time as funding is available for a Redevelopment Bond 9 a-uted Jaw 25. 2011. SuccessorAgency permanent facility- Project Area 267-500.00 0.00 Proceeds See Nde- U- 21 S Pubic tmProvamerts and Community Sign Program Affordable Housing (Based on Corridor Plan, develop functional Rohnert Park Reimbursement Agreement •signage for major streets and major Redevelopment Bond 10 Executed Jams 25, 2011. Succec�rlyencv ettracliors. Pr act Area 377.571.00 0,00 Proceeds see Nate -Line 21 S Pablc ImptovomenI, and Programs provides assistance to Neighborhood Beautification Program Affordable Housing residential property owners for Rohnert Park I Reimbursement Agreement. •Improvements such as painting, Redevelopment .71 Executed January 25. 2011 Successor Agency J-nds-pingi and otherim ovemenls Pr'erd Area 30000.DO 0.00 LMIHF See Nola-Una22 5 Redevelop former City Hall sae and Mro Avrem Development/Former City Hall Public Improvements and contiguous parcels (6230 Commerce Blvd., Reuse Affordable Housing 100 and 120 Avmm Avenue) based on Rohnert Park Housing Reimbursement Agreement- findings made in feasibility study related to Redevelopment Bond Al Executed Janu 25,2011. Succnsar Agency affordable housi obli atiprls Prued Area 473154D.W O.DO Frvcaasls See Note - Line 21 S Public Improvolrar59 and Redevelop property with 17 very -low Suthwest Fire Station Reuse Affordable Housing •income housing units or an alternative use Rohnert Park Housing Reimbursement Agreement. focused on creating a public assistance Redevelopment Bond ] Execuled Jaw 25. 2011. Successor en .1. Pr'edArea 214DDOD DO 8.00 Prpreeds S-Nde-Li- 21 S Public Improvements and Rohnert Park Housing Rehabilitation Loan Affordable Housing Rohnert Park Program Reimbursement Agreement- Provide rehabilitation loans to low and very Redevelopment _L41 ElnutedJanuary25 2011 Successor Agency ow inwmo hanaholdi Pr 'art Area 535, 000Do O.W LMIHF See Nm • Lma 22 t5 Assistance to Community Based Al fordatlo HaWrip 6lrccessar Actermv safety repairs to hornas occu 'ed by, low- RedwWooment 843.000.00 0.00 LMIHF See Note- Dne 22 S uhtiC Improvemerds and Housing Element identifies this she for Southwest Boulevard Shopping Center Affordable Housing redevelopment of mixed -use housing with Rohnert Park Housing Site Reimbursement Agreement- 12 affordable housing units; 4 very- Redevelopment Bond 16 Executed J 25, 2011. Successor income and 8 k-4-mn units. Project Area 1.840,4W W 000 Pfe,-esds See Note- Line 21 S ouic Improvenlemis Purchase qII[vajahIlity coveramla W Mint of Affordability Covenants Affordable Housing occupancy of Rohnert Park rental units for Rohnert Park Housing ,Acquisition lieimburwment Agreement. 55 years to low and very -low income Redevelopment Bond 17 Executed Jaw 25, 2011 Successor A n households. Project Arse 1.161.610.00 o.OD Prvreeds ere Note -Line 2± S Puttllc Impwamcrds and Provide subsidies to non-profit developers Subsidies for Non -Profit Development Affordable Housing to increase affordable housing Rohnert Park Housing Reimbursement Agreement opportunities within the Project Area and Redevelopment Bond 18) Evecuted Jannuary 25, 2011. Successor Agency City- Project Area 3.300.W0.00 13-Do Proceeds Sae Nde - D e 21 $ S 20 Note: $ City Bellevvs there are enfw(W fe obligations City has included pursuant to Health 1L Items 6-10. 12-13 16-18 Safe Code 34191.4 c 5 _Z.11 City Bvllovas 1 are onkm able obligations They are affordable housing obligations of the former redevelopment agency Jwsuant to California A Items 11. 14-15 Rcdwvlat Law. 5 231 S 24 S 25) S 261 S 271 S 281 S 291 301V 5 31 S S 2 S Totals - LMIHF S 41110VII8100 S g143.00 5 9,143,0D 5 9143.0D S120143,00 5 uu.00 5 5,14300 $174,1i50.00 $ 20,956.223.00 SO.00 Total9 - Bond Proceeds 5 50-00 Tatsla - Other 5 Z5,496,345 aD S 5 9,143 00 5 9, 143.OD $ 9,143 W S 1213.143.00 JIS 9 141A0 5 6 143.W 5 I r4 85a-W Grand tvWl .This Pmv ' The Preliminary Draft Recognized Obligation Payment Schedule (ROPS) is to be completed by 31112012 by the successor agency, and subsequently be approved by the oversight board before the final ROPS Is submitted to the State Controller and State Department of Finance by April 15, 2012, It I. not a raguiremeht drat the Agreed Upon Procedures Audit be completed before submitting the final Oversight Approved ROPS to the Stale Controller and State Department of Finance. " All total due during fiscal year and payment amounts are projected. -Funding sources from the successor agency: (For Fiscal 2011-12 only, references to RPTTF could also mean tax Increment allocated to the Agency prior to Februry 1, 2012.) RPTTF-11, avlepnwnt Property Tale Trust Fund Bonds -Bond proceeds Other- reserves, rents, Interest earnings, etc LMIHF -Low and Moderate lncurni Hou_inr runrF Ad min - Sue-s.,A a Administrative Allowance Name of Redevelopment Agency: Project Area(s) DRAFT RECOGNIZED OBLIGATION PAYMENT SCHEDULE Per AB 2& - Section 34177 1'1 FORM C - Administrative Cost Allowance ith Redevelopment Property Tax Trust Fund (RPTTF) EXHIBIT A TO RESOLUTION NO. OSB 2012-08 Payable from the Administrative Allowance Allocation Total Due During Total Outstanding Fiscal Year Funding Pa ments by month Jan 2013 Feb 2013 Mar 2013 2013 MaY 2013 Jun 2013 Total Project Name I Debt Obligation Project Area Debt or Obli alion 2013-2014" Source " I --!Er Rohnert Park City Manger Redevelopment 11 Proiect Area 1385.28() nO 5328000 RPTTF 4 440.OD 4,440.00 4.440,00 4 440.00 4 440 00 4 440. DO $ 26.640.00 _ Economic Development Manager _ Rohnert Park (Fortner Housing & Redevelopment Redevelopment 21 M r) Proiect Area 1,847,040.00 71 040.00 RPTTF 5.920 DO 5,92000 5,920.DO 5 920-00 5,920. W 5 920.00 S 35 520.00 Rohnert Park Interim Finance Director Redevelopment 3 Project Area 1.591.200.00 61200.00 RPTTF 5,10000 5,100.00 5 10o.00 5.100 00 5.100J10 5,100.00 $ 30 600.00 Rohnert Park City Attorney Redevelopment A)j Project Area 1 014.000.00 39.000.00 RPTTF 3.250.00 3,25000 3250.00 3250.DO 3,25000 3,250.00 S 19 50D.00 Interim City Clerk Rohnert Park Redevelopment 5) Pro'ecl Area 102,%0.00 3, 9W.00 RPTTF 330.00 330.D0 330.00 330.00 330.00 330.00 $ 1,980 DO Secretary II Rohnert Park Redevelopment 6 Project Area 127920.00 492&00 RPTTF 41(1100 AIO.00 410,00 410.00 410.00 410.00 S 2.460.00 Management Analyst (Temporary Rohnert Park 7) Position) Redevelopment Project Area 670 800.00 25 800.00 RPTTF Z15000 2.150.00 2,150.00 2,15000 2,150, DO 2 150.00 $ 12.900.00 Rohner[ Park Community Development Assistant Redevelopment 8 Project Area 62,40000 2,40000 RPTTF 200.00 20000 200.00 200.00 200.00 200.00 S 1200.00 Rohnert Park Community Development Assistant Redevelopment 9 Project Area 67 080 00 2 5BA 00 RPTTF 215.00 215.00 21500 215.00 215001 215.00 $ 1.290.00 Rohnert Park Payroll Specialist Redevelopment 10 Project Area 25584.00 984,00 RPTTF 82.00 82.00 82.DO 82.00 82.00 82.00 6 402.00 Rohnert Park Accounts Payable Redevelopment 1131Project Area 59.904.00 2.304.00 RPTTF 19200 1guo 192.00 1W.0O 192,00 192,00 S 1152. DO Rohnert Park Purchasing Agent Redevelopment 12) Project Area 252 720.00 9,72000 RPTTF 810.DO 810.00 810.00 810.00 B10.00 B10.00 $ 4,860.00 Rohnert Park Senior Engineering Technician Redevelopment 13) Project Area 59 904.00 2 304 00 RPTTF 192.00 192.00 192 00 19200 19200 192-DO $ 1 15200 Rohnert Park IS Tech Redevelopment 14 Project Area 104 B32.D0 d 032 00 RPTTF 336.00 336.00 33600 33600 336-00 336,00 S 2,016.00 Rohnert Park Technical Advisor Redevelopment 15 Project Area 430 560.00 16 .00 RPTTF 1 3aO,DO 1,38000 1.380.00 1, 380.00 1.30000 1.380.00 S 8,280.00 Rohnert Park Successor Agency Redevelopment 16 Project Area 327,600.00 12-600 DO RPTTF 1,15000 1.050.00 1.050,00 1.050.00 1.050.00 1.050. DO 3 6 300.00 Rohnert Park Training Budget Redevelopment 17 Project Area 156.()0000 6,000.00 RPTTF 5DO-00 500.00 500.00 500.00 500.00 500,00 $ 3 "W Rohnert Park Redevelopment 18 Burke, Williams & Sorensen. U-P Proiect Area 1.014 000 00 39 000,00 RPTTF 3.25000 3 250-00 3 250.00 3.25000 3,250.DO 3,250.DO S 19,500.00 Rohnert Park Redevelopment 19) �Asnk Feet Prc'eq .Area 248 104.00 8,00400 RPTTF 667.00 667.00 S67,00 667.00 667.00 667.00 4 00200 Rohnert Park Redevelopment 20 'Trustee Fees Project Area 457 080.00 17,580. DO RPTTF 1,46500 1,46500 1.465.00 1,465.00 1,46500 1.465.00 S 8,790.00 Rohnert Park Redevelopment 211 Auditing Fees Flnorxtala Project Area 208,000.00 8.0W.00 RPTTF 4,000.00 $ 4,DOO.00 Rohnert Park iLegal Fees Redevelopment 22) (Betsy Strauss - Oversi ht Boar Pro'ecl Area 100,000.00 25 000, DO RPTTF 2,083,33 2,083.33 2,09333 2,083.33 2,083.33 2.08333 S 12 499.98 23 S 24 $ 25 S 26 S 27 $ 2B $ $ $ We have worked out an agreement with the City of Rohnert Park for adminislriavlive staff support to wind down the former redevelopment agency. $ $ S $ Totals - This Pa e $ 10,277,,9R8.1111 $ 410.2R8,00 $ 38.022.33 S 34,02233 S 34,022-33 5 34,022.33 $ 34,022.33 $ 34.022.33 $208.133.98 ' The Preliminary Draft Recognized Obligation Payment Schedule (ROPS) is to be completed by 311/2012 by the successor agency, and subsequently be approved by the oversight board before the final ROPS is submitted to the State Controller and State Department of Finance by April 15, 2012. It Is not a requirement that the Agreed Upon Procedures Audit be completed before submitting the final Oversight Approved ROPS to the State Controller and State Department of Finance. " All total due during fiscal year and payment amounts are projected. Funding sources from the successor agency: (For fiscal 2011-12 only, references to RPTTF could also mean tax increment allocated to the Agency prior to February 1, 2012.) RPTTF - Redevelopment Property Tax Trust Fund Other- reserves, rents, interest earnings, etc LMIHF - Low and Moderate Income Housing Fund •' ' - Administrative Cost Allowance caps are 5% of Form A 6-month totals in 2011-12 and 3% of Form A 6-month totals in 2012-13. The calculation should not factor In pass through payments paid for with RPTTF in Form D.