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Home My WebLink About02 ROPSAGENDA REPORT Oversight Board of the Successor Agency to the Tustin Community Redevelopment Agency MEETING DATE: SEPTEMBER 30, 2014 SUBJECT/ACTION: ADOPT OVERSIGHT BOARD RESOLUTION NO. 14-17, APPROVING THE RECOGNIZED OBLIGATION PAYMENT SCHEDULE 14-15B FOR THE PERIOD OF JANUARY 2015 THROUGH JUNE 2015 RECOMMENDATION / PROPOSED ACTION It is recommended the Oversight Board of the Successor Agency to the Tustin Community Redevelopment Agency adopt Oversight Board Resolution No. 14-17, approving the Recognized Obligation Payment Schedule 14-15B ("ROPS 14-1513") for the period of January 1, 2015 through June 30, 2015, and authorize submission of the ROPS 14-15B to the Department of Finance ("DoF") by October 3, 2014, subject to the following conditions: a) The Oversight Board and the Successor Agency reserve all rights to seek payment for any obligations removed by the Department of Finance ("DoF") from ROPS 14- 1513; and b) Should any subsequent modifications be required to ROPS 14-15B, the Executive Director and/or Finance Director, or their authorized designee, shall be authorized to make any augmentation, modification, additions or revisions as may be necessary subject to certification by the Oversight Board Chair. (Note: Pursuant to AB 1484 -amended California Health and Safety Code (HSC) Section 34177(m), the above actions by the Oversight Board shall not become effective for forty-five (45) business days pending a review by the DoF. Within five business days of the DoF's determination, the Successor Agency can request additional review by the DoF and an opportunity to meet and confer on disputed items.) BACKGROUND Assembly Bill 1X 26, the "Dissolution Act", as modified by the California Supreme Court's decision in California Redevelopment Association, et al. v. Matosantos ("Matosantos"), requires the Successor Agency to prepare a Recognized Obligation Payment Schedule (ROPS) looking forward to the six month period covering January 1, 2015 through June 30, 2015, subject to Oversight Board approval. The DoF has given the ROPS a new naming convention of 14-15A and 14-15B for fiscal year 2014-15 with "B" representing the second half of the fiscal year. ROPS 14-15B lists all enforceable obligations that are legally binding and enforceable agreements or Agenda Report September 30, 2014 Page 2 contracts of the former Tustin Community Redevelopment Agency including those necessary for the continued administration of the Successor Agency to wind down the former Agency. Pursuant to the AB 1484 -amended Dissolution Act (HSC 34177(I)(2)(B)), the Successor Agency is now required to submit a copy of the ROPS to the County Administrative Officer, the County Auditor -Controller, and the DoF at the same time that the Successor Agency submits the ROPS to the Oversight Board for approval. ROPS 14-15B was approved by the Successor Agency at their regular meeting on September 16, 2014. Upon approval by the Oversight Board, a copy will be submitted to the County Auditor - Controller, the State Controller's Office and the DoF and posted on the Successor Agency's website. ROPS 14-15B includes a form that reconciles estimated expenditures for the period of January 1, 2014 through June 30, 2014 with the actual expenditures. The Finance Department is currently closing out the ROPS expenditure period and there could be adjustments between the submission of the ROPS to the Oversight Board and the submission to the DoF by October 3, 2014. Authorization is requested to allow the Successor Agency's Executive Director and/or Finance Director to augment, modify, add or revise the document as may be needed prior to submitting to the DoF. In addition, authorization is requested, in response to the DoF or County Auditor -Controller comments, to allow the Successor Agency's Executive Director and/or Finance Director to augment, modify, add or revise the document as may be needed. Staff will be available to answer any questions the Oversight Board may have. Attachment: Oversight Board Resolution No. 14-17 OVERSIGHT BOARD RESOLUTION NO. 14-17 A RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY APPROVING THE RECOGNIZED OBLIGATION PAYMENT SCHEDULE 14-15B ("ROPS 14-1513") AND MAKING CERTAIN FINDINGS IN CONNECTION THEREWITH The Oversight Board of the Successor Agency to the Tustin Community Redevelopment Agency finds, determines and declares as follows: A. The Tustin Community Redevelopment Agency ("Agency") was established as a community redevelopment agency that was previously organized and existing under the California Community Redevelopment Law, Health and Safety Code Sections 33000, et seq. ("CRL") and previously authorized to transact business and exercise the powers of a redevelopment agency pursuant to action of the City Council ("City Council") of the City of Tustin ("City"); and B. AB X1 26 ("AB26") added Parts 1.8 and 1.85 to Division 24 of the California Health and Safety Code, which laws cause the dissolution and wind down of all redevelopment agencies ("Dissolution Act"); and C. On December 29, 2011, in the petition California Redevelopment Association v. Matosantos, Case No. S194861, the California Supreme Court upheld the Dissolution Act and thereby all redevelopment agencies in California are subject to the Dissolution Act and were dissolved as of and on February 1, 2012; and D. The Agency is now a dissolved community redevelopment agency pursuant to the Dissolution Act; and E. By a resolution considered and approved by the City Council at an open public meeting on January 17, 2012, the City chose to become and serve as the "Successor Agency" to the dissolved Agency under the Dissolution Act; and F. As of and on and after February 1, 2012, the City serves as the "Successor Agency" and will perform its functions as the Successor Agency under the Dissolution Act to administer the enforceable obligations of the Successor Agency and otherwise unwind the Successor Agency's affairs, all subject to the review and approval by the seven - member Oversight Board formed thereunder; and G. Pursuant to Section 34179, the Successor Agency's Oversight Board has been formed and the initial meeting has occurred on March 13, 2012; and H. Section 34179(e), as amended by Assembly Bill 1484 ("AB 1484"), requires all actions taken by the Oversight Board to be adopted by resolution; and Oversight Board Resolution 14-17 Page 1 of 3 On September 16, 2014, the Successor Agency approved the Recognized Obligation Payment Schedule 14-15B ("ROPS 14-15B") for the period of January 1, 2015 through June 30, 2015; and The Oversight Board has duly considered all other related matters and has determined that the Board's approval of BOPS 14-15B and submission to the California Department of Finance is in the best interests of the City and Agency and in the health, safety, and welfare of its residents, and in accord with the public purposes and provisions of applicable state and local laws and requirements. NOW, THEREFORE, BE IT RESOLVED BY A RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY: Section 1. The foregoing recitals are incorporated into this Resolution by this reference, and constitute a material part of this Resolution. Section 2. The Oversight Board approves BOPS 14-15B attached hereto as Attachment No. 1 and incorporated herein, and further authorizes the Successor Agency to transmit this Resolution to the County Auditor -Controller, the State Department of Finance ("DoF"), and the State Controller's Office. Section 3. The Executive Director of the Successor Agency or his authorized designee is directed to post this Resolution on the City/Successor Agency website. Section 4. This Resolution adopted by the Oversight Board shall not become effective no later than forty-five (45) business days after submission to the DoF, pending a review by the DoF. Within five business days of the DoF's determination, the Successor Agency can request additional review by the DoF and an opportunity to meet and confer on disputed items. Section 5. The Secretary of the Oversight Board shall certify to the adoption of this Resolution. APPROVED AND ADOPTED this 30th day of September, 2014. Doug Davert, Chairman Oversight Board of the Successor Agency to the Tustin Community Redevelopment Agency ATTEST: Charles E. "Chuck" Puckett, Secretary Oversight Board of the Successor Agency to the Tustin Community Redevelopment Agency Oversight Board Resolution 14-17 Page 2 of 3 STATE OF CALIFORNIA ) COUNTY OF ORANGE )SS CITY OF TUSTIN ) I, CHARLES E. "CHUCK" PUCKETT, Secretary of the Oversight Board of the Successor Agency to the Tustin Community Redevelopment Agency, do hereby certify that the whole number of the members of the Agency Board is seven; that the above and foregoing Resolution No. 14-17 was duly passed and adopted at a regular meeting of the Oversight Board, held on the 30th day of September, 2014, by the following vote: BOARD MEMBER AYES: BOARD MEMBER NOES: BOARD MEMBERS ABSTAINED: BOARD MEMBERS ABSENT: Charles E. "Chuck" Puckett, Secretary Oversight Board of the Successor Agency to the Tustin Community Redevelopment Agency Attachment No. 1 — Recognized Obligation Payment Schedule 14-15B (January — June 2015) Oversight Board Resolution 14-17 Page 3 of 3 ATTACHMENT NO. 1 RECOGNIZED OBLIGATION PAYMENT SCHEDULE 14-15B (January — June 2015) Recognized Obligation Payment Schedule (ROPS 14-1513) - Summary Filed for the January 1, 2015 through June 30, 2015 Period Name of Successor Agency: Tustin Name of County: Orange Current Period Requested Funding for Outstanding Debt or Obligation Six -Month Total Enforceable Obligations Funded with Non -Redevelopment Property Tax Trust Fund (RPTTF) Funding A Sources (B+C+D): $ 32,144,478 B Bond Proceeds Funding (ROPS Detail) 32,144,478 C Reserve Balance Funding (ROPS Detail) - D Other Funding (ROPS Detail) - E Enforceable Obligations Funded with RPTTF Funding (F+G): $ 1,931,349 F Non -Administrative Costs (ROPS Detail) 1,806,349 G Administrative Costs (ROPS Detail) 125,000 H Current Period Enforceable Obligations (A+E): $ 34,075,827 Successor Agency Self -Reported Prior Period Adjustment to Current Period RPTTF Requested Funding I Enforceable Obligations funded with RPTTF (E): 1,931,349 J Less Prior Period Adjustment (Report of Prior Period Adjustments Column S) (52,452) K Adjusted Current Period RPTTF Requested Funding (W) $ 1,878,897 County Auditor Controller Reported Prior Period Adjustment to Current Period RPTTF Requested Funding L Enforceable Obligations funded with RPTTF (E): 1,931,349 M Less Prior Period Adjustment (Report of Prior Period Adjustments Column AA) - N Adjusted Current Period RPTTF Requested Funding (L -M) 1,931,349 Certification of Oversight Board Chairman Pursuant to Section 34177 (m) of the Health and Safety code, I hereby certify that the above is a true and accurate Recognized Name Obligation Payment Schedule for the above named agency. /s/ Title Signature Date Recognized Obligation Payment Schedule (ROPS 14-15B) - ROPS Detail January 1, 2015 through June 30, 2015 (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 Reserve 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 Balance Other Funds Non-Admin Admin Six-Month Total $ 155,227,191 $ 32,144,478 $ - $ - $ 1,806,349 $ 125,000 $ 34,075,827 1 Housinq Tax Allocation Bonds Bonds Issued On or 3/1/2010 9/1/2039 Bondholders via The Bank Proceeds from the sale ofthe Bonds All 37,035,547 N 520,404 520,404 2 Fiscal Agent Fees -TA Bond 2010 Fees 1/19/2010 9/1/2039 The Bank of New York administration of bond activities [paid All 3,300 N 3,300 3,300 Mellon annually] 3 Continuing disclosure services & Fees 1/19/2010 9/1/2039 Applied Best Practices; Continuing disclosure services for All 4,350 N 3,000 3,000 arbitrage services Willdan & Associates 2010 Housing bonds and arbitrage services. 7 Direct Project Related Costs Project Management 7/1/2014 12/31/2014 Former employees funded ANNUAL Payroll for employees for All Y - (including Salary and Benefits Costs by the Successor Agency direct project operation; this amount funded by the Successor Agency) that perform Successor will fluctuate annually. The employees Agency activities for direct are performing project related activities project support involving the enforceable obligations listed on Rows #10416, Rows #22- #34, Rows #45-#47, & Rows #51463. 8PERS liability (annually adjusted) Unfunded Liabilities 7/1/2014 6/30/2015 City of Tustin Employees funded by the Successor All 140,518 N - Agency that perform Successor Agency activities. The liability is reviewed annually and may increase or decrease based on a variety of economic and actuarial assumptions. 9 Bank Analysis Fees Fees 7/1/2014 6/30/2015 Bank of America Fees Charged by bank for transactions All Y - 10 Payment in Lieu of Taxes Project Management 10/1/1999 6/30/2015 City of Tustin Agency monitors to insure receipt of All N - Agreement- Flanders Pointe Costs annual payment 11 Payment in Lieu of Taxes Project Management 8/13/1998 6/30/2015 City of Tustin Agency monitors to insure receipt of All N - Agreement- Orange Gardens Costs annual payment (Agreement w/City) 12 Olson DDA/Arbor Walk Project Management 3/1/2004 6/30/2015 Redevelopment Agency Monitoring to ensure the project All N - Costs complies Wth the DDA. To the extent RPTTF funds are not available to fund this enforceable obligation, then the obligation shall be considered an encumbrance ofthe LMIHF. 13 Arbor Walk Promissory Notes Project Management 3/1/2004 6/30/2015 Redevelopment Agency Agency monitors to ensure the 10 All N - Costs affordable homeownership units are in compliance with the Promissory Notes and recorded Affordable Housing Covenants. In addition, the Agency prepares and executes affordable housing documents when affordable homeowners refinance or sell their homes. To the extent RPTTF funds are not available to fund this enforceable obligation, then the obligation shall be considered an encumbrance ofthe LMIHF. 14 Heritage Place DDA Project Management 4/11/2002 6/30/2015 Redevelopment Agency Agency monitors to ensure 53 units All N - Costs are in compliance with affordability requirements. To the extent RPTTF funds are not available to fund this enforceable obligation, then the obligation shall be considered an encumbrance ofthe LMIHF. Recognized Obligation Payment Schedule (ROPS 14-15B) - ROPS Detail January 1, 2015 through June 30, 2015 (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 Reserve 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 Balance Other Funds Non -Admin Admin Six -Month Total 15 Heritage Place Loan Agreement Project Management 4/12/2007 6/30/2015 Redevelopment Agency Financial assistance was provided by All N - Costs the Agency to the Developerfor construction of a multi -family project and the Agency monitors the terms of the loan agreement (expires 4-15- 2033), including the residual receipt payment. To the extent RPTTF funds are not available to fund this enforceable obligation, then the obligation shall be considered an encumbrance ofthe LMIHF. 16 Single and Multi -Family Project Management 6/27/2011 6/30/2015 Redevelopment Agency Agency monitors 6 Single Family and All N - Rehabilitation Loans Costs Multi -Family Loans between the Agency and Property Owners of rehabilitated properties. 17 Asset Transfer Obligations Property Dispositions 7/1/2014 6/30/2015 Successor Agency In accordance with California Health All 200,000 N 100,000 100,000 and Safety Code Section 34117(e) the Successor Agency is responsible for disposing of assets and properties as directed by the Oversight Board pursuant to subvision a of Section 34181. The Successor Agency will incur costs associated with the transfer of assets including but not limited to escrow fees, title costs, recording fees and any other associated closing costs. 18 Town Center Housing Deficit SERAF/ERAF 05/01/2000 06/30/2015 Agency's Town Center Repay Town Center Housing Town Center - Reduction Plan Housing Set -Aside fund Set-Asid sIdiverted to support non -housing Redevelopment activities in Town Center during the period of 1986- 1992. 19 Tax Allocation Refunding Bonds Bonds Issued On or 7/1/1998 12/1/2016 Bondholders via US Bank Bond issue to fund non -housing Town Center 4,904,906 N 76,007 76,007 1998 (Town Center) Before 12/31/10 projects. Total outstanding debt includes principal and interest. 20 Fiscal Agent Fees - TA Bond 1998 Fees 1/19/2010 12/1/2016 US Bank administration of bond activities Town Center 3,300 N 21 Continuing disclosure & arbitrage Fees 1/19/2010 12/1/2016 Applied Best Practices; Continuing disclosure & arbitrage Town Center 6,000 N 3,000 3,000 services Willdan & Associates services for 1998 bonds 22 Contract for engineering services Professional 6/9/2011 12/31/2014 Critical Structures, Inc. Structural engineering assessment of Town Center 8,100 N - Services Stevens Square Parking Structure 23 Stevens Square Parking Garage Property 6/17/1988 6/30/2015 Stevens Square Parking There are ongoing maintenance costs Town Center 35,000 N 10,000 10,000 Declaration of Covenants, Maintenance Structure Condominium as required by the CC&Rs. In addition, Conditions, Restrictions and Association there are one-time, deferred Reservations maintenance repairs that will be determined by the structural engineering assessment. The costs associated with ongoing maintenance and deferred maintenance repairs are estimates. Recognized Obligation Payment Schedule (ROPS 14-15B) - ROPS Detail January 1, 2015 through June 30, 2015 (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 Reserve 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 Balance Other Funds Non -Admin Admin Six -Month Total 24 Ambrose Lane/First Time Project Management 5/17/2000 6/30/2015 Redevelopment Agency Agency monitors to ensure the 5 Town Center N - Homebuyer Costs affordable homeownership units are in compliance with the Promissory Notes and recorded Affordable Housing Covenants. In addition, the Agency prepares and executes affordable housing documents when affordable homeowners refinance or sell their homes. To the extent RPTTF funds are not available to fund this enforceable obligation, then the obligation shall be considered an encumbrance ofthe LMIHF. 25 First Time Homebuyer Promissory Project Management 5/17/2000 6/30/2015 Redevelopment Agency Agency monitors to ensure the 1 first Town Center N - Note Costs time homebuyer unit is in compliance with the Promissory Note and an Affordable Housing Covenant. In addition, the Agency prepares and executes affordable housing documents when the affordable homeowner refinances or sells their home. To the extent RPTTF funds are not available to fund this enforceable obligation, then the obligation shall be considered an encumbrance ofthe LMIHF. 26 Makena DDA Project Management 10/19/2004 6/30/2015 Redevelopment Agency Monitoring to insure developer is in Town Center N - Costs compliance with contractual obligations. 27 Old Town Plaza Retail Rehab DDA Project Management 5/10/2001 6/30/2015 Redevelopment Agency Monitoring to insure developer is in Town Center N - Costs compliance with contractual obligations. 28 Plaza Lafayette DDA Project Management 7/2/1985 6/30/2015 Redevelopment Agency Monitoring to insure developer is in Town Center N - Costs compliance with contractual obligations. 29 Ford Commercial Rehab DDA Project Management 9/15/1998 6/30/2015 Redevelopment Agency Monitoring to insure developer is in Town Center N - Costs compliance with contractual obligations. 30 Micro Center DDA Project Management 11/21/1994 6/30/2015 Redevelopment Agency Monitoring to insure developer is in Town Center N - Costs compliance with contractual obligations. 31 Thompson Building OPA Project Management 6/6/1994 6/30/2015 Redevelopment Agency Monitoring to insure developer is in Town Center N - Costs compliance with contractual obligations. 32 ENA Deposit Project Management 6/27/2011 6/30/2015 General Motors Reimbursement of Good Faith Deposit Town Center N - Costs 33 Potted Plants Agreements (17) Project Management 6/27/2011 6/30/2015 Redevelopment Agency Monitoring to insure seventeen 17 Town Center N - Costs agreements are in compliance with contractual obligations. 34 Prospect Village DDA Project Management 6/21/2004 6/30/2015 Redevelopment Agency Monitoring to insure developer is in Town Center N - Costs compliance with contractual .obligations. Recognized Obligation Payment Schedule (ROPS 14-15B) - ROPS Detail January 1, 2015 through June 30, 2015 (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 Reserve 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 Balance Other Funds Non-Admin Admin Six-Month Total 35 Public Works Agreement/South City/County Loans 06/07/1993 06/30/2030 City of Tustin Original Loan amount to the Agency in South Central N - Central Redevelopment Project On or Before 6/27/11 1993 was initially estimated to be $33,500,000 for the Newport Avenue Extension (Newport Underpass)to Edinger Avenue. The interest rate is .5% above the City's average yield on investments. Repayment of the loan is based on City-funded Phase 1 work (Capital Improvement Program - CIP 70130) that has been completed on the Newport Avenue Extension/SR-55 North Bound Ramp Reconfiguration Project. The Phase 1 project began in 1993 and was completed in March 2010. Phase 1 (CIP 70130) contracts are not listed on previous EOPS or ROPS. There is no duplication of obligations. Phase 2 work (CIP 70131) consists of contracts listed below in Rows #42447 and these contracts have not been double counted in Phase 1. Pursuant to Section 1 Public Improvement Work ofthe Public Works Agreement, the Successor Agency shall pay the City when projects are I t completed and in semi-annual installments (per Section 2 Payment by the Agency ofthe Agreement). This installment will reflect initial reimbursement payments until confirmation ofthe Oversight Board of the actual increased costs ofthe 36 Memorandum of Understanding with Miscellaneous 3/20/1985 6/30/2015 Orange County Water Tax share agreement (pre-AB 1290) South Central N - Orange County Water District District with the Agency. Applicability of (Section 33401 Payment; 3/20/1985) agreement is questionable because of provisions with AB1X 26. 37 Memorandum of Understanding with Miscellaneous 9/13/1985 6/30/2015 Tustin Unified School Tax share agreement pre-1290 with South Central N - Tustin Unified School District District Agency. The agreement provides that (Section 33401 Payment; 9/13/1985) certain tax sharing payments would occur after the Agency has expended $10 million dollars for construction of facilities within the South Central Amendment Area and or retired bonds or other indebtedness for such construction as provided in the Agreement. The Agency has not retired the indebtedness associated with the 1993 Public Works Agreement and, as a result, there have been no Payments made to date. Recognized Obligation Payment Schedule (ROPS 14-15B) - ROPS Detail January 1, 2015 through June 30, 2015 (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 Reserve 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 Balance Other Funds Non -Admin Admin Six -Month Total 38 Memorandum of Understanding with Miscellaneous 9/13/1985 6/30/2015 Saddleback Community Tax share agreement pre -1290 with South Central N - Saddleback Community College College District Agency. The agreement provides that District (Section 33401 Payment; certain tax sharing payments would 9/13/1985) occur after the Agency has expended $10 million dollars for construction of facilities Wthin the South Central Amendment Area and or retired bonds or other indebtedness for such construction as provided in the Agreement. The Agency has not retired the indebtedness associated with the 1993 Public Works Agreement and, as a result, there have been no payments made to date. 39 Newport Av./SR55 NB Ramp Professional 11/25/2008 6/30/2015 Psomas Engineering Mapping and survey services South Central Y - Reconfiguration Services 40 NewportAv./SR55 NB Ramp Professional 1/26/2010 6/30/2015 Anderson Penna Program management services South Central Y - Reconfiguration Services 41 NewportAv. Extension, N/O Edinger Professional 2/2/2010 6/30/2015 Dokken Engineering Final design services South Central Y - Av. Services 42 NewportAv. Extension, N/O Edinger Professional 10/8/2010 6/30/2015 Nuvis Landscape design services South Central Y - Av. Services 43 NewportAv. Extension, N/O Edinger Professional 12/16/2007 6/30/2015 Morrow Management Dry Utility design and coordination South Central Y - Av. Services services 44 Newport Av. Extension, N/O Edinger Professional 1/26/2010 6/30/2015 Anderson Penna Program management services South Central Y - Av. Services 45 CBS Outdoor Billboard Project Management 12/19/1994 6/30/2015 Redevelopment Agency Monitoring to insure licensee is in South Central N - Costs compliance with contractual obligations. 46 Tustin Grove Promissory Notes and Project Management 1/1/1996 6/30/2015 Redevelopment Agency Agency monitors to ensure the sixteen South Central N - Affordable Housing Covenants Costs 16 affordable homeownership units are in compliance with the Promissory Notes and recorded Affordable Housing Covenants. In addition, the Agency prepares and executes affordable housing documents when affordable homeowners refinance or sell their homes. To the extent RPTTF funds are not available to fund this enforceable obligation, then the obligation shall be considered an encumbrance ofthe LMIHF. 47 Tustin Grove Affordable Housing Project Management 12/27/1995 6/30/2015 Redevelopment Agency Monitoring to ensure the project South Central N - DDA Costs complies wth the DDA. To the extent RPTTF funds are not available to fund this enforceable obligation, then the obligation shall be considered an encumbrance ofthe LMIHF. 48 Tax Allocation Bonds - MCAS Bonds Issued On or 11/1/2010 9/1/2040 Bondholders via The Ban of Bond issue to fund non -housing MCAS Tustin 75,289,813 N 972,138 972,138 Tustin, Series 2010 Before 12/31/10 New York Mellon projects. Total outstanding debt includes principal and interest. 49 Fiscal Agent Fees- TA Bond 2010 Fees 9/7/2010 9/1/2040 The Bank of New York administration of bond activities MCAS Tustin 135,000 N - Mellon 50 Continuing disclosure services & Fees 9/7/2010 9/1/2040 Applied Best Practices; Continuing disclosure services for MCAS Tustin 121,500 N 3,000 3,000 arbitrage services Willdan & Associates 2010 MCAS bonds & arbitrage services Recognized Obligation Payment Schedule (ROPS 14-15B) - ROPS Detail January 1, 2015 through June 30, 2015 (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 Reserve 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 Balance Other Funds Non-Admin Admin Six-Month Total 51 Lease between the USA and the Property 5/13/2002 9/1/2040 Redevelopment Agency Property Management, Maintenance, MCAS Tustin N - City of Tu stin for Portions of the Maintenance Environmental Remediation, and Real Former Marine Corps Air Station Estate obligations of City required by Tustin Navy on Lease sites until conveyance of properties. This includes asset management and disposal, property management and remediation. Direct project related staffing costs only associated with asset management and disposal under the LIFOC are listed in Row#7. Contractual response costs for all other responsibilities underthe LIFOC Agreement will be as they are incurred and as requested by the Department of Navy. 52 Lease between the USA and the Property 6/16/2004 9/1/2040 Redevelopment Agency Property Management, Maintenance, MCAS Tustin N - City of Tustin for Parcel 22 ofthe Maintenance Environmental Remediation, and Real Former Marine Corps Air Station Estate obligations of City required by Tustin Navy on Lease sites until conveyance of properties. This includes asset management and disposal, property management and remediation. Direct project related staffing costs only associated with asset management and disposal under the LIFOC are listed in Row#7. Contractual response costs for all other responsibilities underthe LIFOC Agreement will be as they are incurred and as requested by the Department of Navy. 53 Economic Development Property 5/13/2002 9/1/2040 Redevelopment Agency Obligations of City required by Navy in MCAS Tustin N - Conveyance (EDC) Application for Maintenance the conveyance ofthe property under Marine Corps Air Station (MCAS) the Reuse Plan adopted in 2002. This Tustin as Amended includes asset management and disposal, property management and remediation. Direct project related staffing costs associated with asset management and disposal under the EDC are listed in Row#7. Contractual response costs for all other responsibilities under the EDC Agreement will be as they are incurred and as requested by the Department of Navy. 55 Contract for Engineering & Planning Professional 08/08/2010 06/30/2014 RBF Consulting Plan check and tract map services MCAS Tustin N - Services 56 Contract for Planning Services Professional 9/7/2010 6/30/2015 SMS Architects Implementation Plan and Strategy MCAS Tustin 36,479 N 25,000 25,000 Services 57 Contract for Engineering Services Professional 09/07/2010 06/30/2014 Hunsaker & Associates Disposition Strategy & mapping MCAS Tustin N - Services services 58 Contract for Financial Analysis Professional 1/4/2011 6/30/2015 David Taussig & Associates financial advisory services associated MCAS Tustin 7,400 N 3,000 3,000 Services with determining distribution of assessments associated with background infrastructure costs Recognized Obligation Payment Schedule (ROPS 14-15B) - ROPS Detail January 1, 2015 through June 30, 2015 (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 Reserve 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 Balance Other Funds Non -Admin Admin Six -Month Total 59 Newport/SR-55 Gateway Master Professional 9/9/2010 6/30/2015 RBF Consulting Preparation of Gateway Master plan MCAS Tustin Y - plan & landscape improvements Services and design of landscape improvements 60 Website Hosting Agreement Miscellaneous 12/8/2010 6/30/2015 Commpro, LLC Website hosting forthe MCAS Tustin MCAS Tustin Y - website Annual 63 Coventry Court Regulatory Project Management 9/30/2010 6/30/2015 Redevelopment Agency Agency monitors receipt of payment in MCAS Tustin N - Agreement & Declaration of Costs lieu oftaxes as well as developer's Restrictive Covenants and compliance with contractual senior Supplemental Regulatory affordable housing obligations related Agreement to 153 affordable units within the Project. To the extent RPTTF funds are not available to fund this enforceable obligation, then the obligation shall be considered an encumbrance ofthe LMIHF. 64 Contract for Environmental Services Professional 11/16/2010 6/30/2015 Pacific States Construction of Tustin Ranch Road MCAS Tustin Y - Services Phase 1 Grading & Storm Drain (contract may be amended to complete future bond -related projects) 65 Contract for GeoTech Services Professional 9/7/2010 6/30/2015 NMG Construction of Tustin Ranch Road MCAS Tustin Y - Services Phase 1 Grading & Storm Drain (contract may be amended to complete future bond -related projects) 66 Contract for Construction Improvement/Infrastr 5/3/2011 6/30/2015 Parsons Transportation Construction management for Tustin MCAS Tustin Y .Management ucture Group Ranch Road Phase 1 and 2 67 Contract for Environmental Services Professional 11/2/2010 6/30/2015 Vandermost Consulting Regulatory Agency consulting MCAS Tustin N - Services 68 6th Amended Agmt for Admin Costs 8/28/2012 6/30/2015 Employees funded by the Administrative Budget for employees, All 250,000 N 125,000 125,000 Reimbursement of Costs and Su ccessor Agen cy that overhead& legal services needed for City/Admin Agency Operations Loan perform Successor Agency direct administrative operation. The between the SA/City pursuant to activites as needed for Oversight Board of the Successor California HSC Section 34177 Q) direct administrative Agency to the Tustin Community operations as well as Redevelopment Agency approved the overhead and legal administrative budget on March 13, services. 2012 and the Successor Agency adopted Successor Agency Resolution No. 12-04 on March 20, 2012 approving the Administrative Budget and approved the "Agreement for Reimbursement of Costs and City/Successor Agency Operations Loan". This amount will fluctuate annually. The Administrative Budget was calculated in accordance with California Health and Safety Code Section 34171(b), 3% of th a property tax allocated to the Successor Agency for FY 2011-2012. 693rd Amended Agmt for OPA/DDA/Constmcti 08/28/2012 06/30/2014 City of Tustin Phase 2 Tustin Ranch Road All - Reimbursement of Costs and on Improvements Project City/Admin Agency Operations Loan between the SA/City pursuant to California HSC Section 34180 (e). 70 Direct Project -related costs Project Management 1/1/2014 6/30/2015 Employees that perform Annual Payroll for employees MCAS Tustin 153,000 N 76,500 76,500 associated with MCAS Tustin Tax Costs direct project -related supporting Bond Covenanted projects Allocation Bonds, Series 2010 activities forth MCAS (including Salary and Benefits of Tustin Tax Allocation bond - employees) funded projects. Recognized Obligation Payment Schedule (ROPS 14-15B) - ROPS Detail January 1, 2015 through June 30, 2015 (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 Reserve 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 Balance Other Funds Non -Admin Admin Six -Month Total 71 Affordable Housing Reimbursement City/County Loans 06/05/2007 06/30/2030 City of Tustin Initial Agreement between the City and All N - AgreementandFirstAmendment On or Before 6/27/11 Agency for the purpose of reimbursing Between City and Agency the City for assisting the Agency in carrying out its affordable housing obligations at Tustin Field I & II. 72 South Central Project Area Loan City/County Loans 9/2/2008 6/30/2030 City of Tustin Project purposes loan. Amount is South Central 4,650,000 N On or Before 6/27/11 derived from Appendix D ofthe fourth Five -Year Implementation Plan of the South Central/Town Center Project Areas as adopted on October 5, 2010. Continuation of Loan to Agency on Administrative Agreement adopted by Council on September 7, 2010. The amount was originally loaned to the Agency on September 2, 2008. Prior loans to the Agency were for differing amounts as needed by project area. 73 Housing Tax Allocation Bonds, Legal 7/1/2014 6/30/2015 City Attorney- Woodruff, project -specific legal services for bond- All 10,000 N 5,000 5,000 Series 2010 - Legal Services Spradlin & Smart (including related activities identified in Row #1 Stradling Yocca Carlson & Rauth; Remy, Thomas, Moose & Manley; Waters & Company; Jeanette Justus; Arbmster Goldsmith & Delvac LLP; Cappello & Noel LLP; and Kutak Rock) 74 Olson DDA/Arbor Walk- Legal Legal 7/1/2014 6/30/2015 City Attorney- Woodruff, project -specific legal services for All 10,000 N 5,000 5,000 Services Spradlin & Smart, et al. enforceable obligation activities identified in Rows #12-13 75 Heritage PlaceDDA/Loan Agreement Legal 7/1/2014 6/30/2015 City Attorney- Woodruff, project -specific legal services for All 5,000 N 2,500 2,500 - Legal Services Spradlin & Smart, et al. enforceable obligation activities identified in Rows #14-15 76 Single and Multi -Family Legal 7/1/2014 6/30/2015 City Attorney- Woodruff, project -specific legal services for All 5,000 N 2,500 2,500 Rehabilitation Loans - Legal Spradlin & Smart, et al. enforceable obligation activities Services identified in Row#16 77 Town Center Housing Deficit Legal 7/1/2014 6/30/2015 City Attorney- Woodruff, project -specific legal services for Town Center 5,000 N 2,500 2,500 Reduction Plan - Legal Services Spradlin & Smart, et al. enforceable obligation activities identified in Row#18 78 Tax Allocation Refunding Bonds Legal 7/1/2014 6/30/2015 City Attorney- Woodruff, project -specific legal services for bond- Town Center 5,000 N2,500 2,500 1998 (Town Center) - Legal Services Spradlin & Smart, et al. related activities identified in Row #19 79 Stevens Square Parking Garage 01/01/2014 06/30/2014 City Attorney- Woodm roject-specific legal services for Town Center N - Declaration of Covenants, Spradlin & Smart, et al. enforceable obligation activities Conditions, Restrictions and identified in Rows #22-23 Reservations - Legal Services 80 Ambrose Lane/First Time Legal 01/01/2014 06/30/2014 City Attorney- Woodruff, project -specific legal services for Town Center N - Homebuyer- Legal Services Spradlin & Smart, et al. enforceable obligation activities identified in Rows #24-25 81 Tustin Grove - Legal Services Legal 01/01/2014 06/30/2014 City Attorney- Woodruff, project -specific legal services for South Central N - Spradlin & Smart, et al. enforceable obligation activities identified in Rows #46-47 82 Tax Allocation Bonds - MCAS Legal 7/1/2014 6/30/2015 City Attorney- Woodruff, project -specific legal services for bond- MCAS Tustin 50,000 N 25,000 25,000 Tustin, Series 2010 - Le gal Seryices Spradlin & Smart, et al related activities identified in Row# 48 1 83 Lease between the USA and the Legal 01/01/2014 06/30/2014 City Attorney- Woodruff, project -specific legal services for MCAS Tustin N - City of Tu stin for Portions of the Spradlin & Smart, et al. enforceable obligation activities Former Marine Corps Air Station identified in Row#51 Tustin - Legal Services Recognized Obligation Payment Schedule (ROPS 14-15B) - ROPS Detail January 1, 2015 through June 30, 2015 (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 Reserve Item # Project Name / Debt Obligation Obligation Type Execution Date Termination Date Payee Description/Project Scope Project Area Debt or Obligation Retired Bond Proceeds Balance Other Funds Non -Admin Admin Six -Month Total 84 Lease between the USA and the Legal 01/01/2014 06/30/2014 City Attorney- Woodruff, project -specific legal services for MCAS Tustin N - City of Tustin for Parcel 22 ofthe Spradlin & Smart, et al. enforceable obligation activities Former Marine Corps Air Station identified in Row#52 85 Economic Development Legal 7/1/2014 6/30/2015 City Attorney- Woodruff, project -specific legal services for MCAS Tustin 80,000 N 40,000 40,000 Conveyance (EDC) Application for Spradlin & Smart, et al. enforceable obligation activities Marine Corps Air Station (MCAS) identified in Row#53 Tustin as Amended - Legal Services 86 Coventry Court Regulatory Legal 7/1/2014 6/30/2015 City Attorney- Woodruff, project -specific legal services for MCAS Tustin 5,000 N 2,500 2,500 Agreement & Declaration of Spradlin & Smart, et al. enforceable obligation activities Restrictive Covenants and identified in Row#63 Supplemental Regulatory Agreement- Legal Services 87Affordable Hou 01/01/2014 06/30/2014 City Attorney - Woodmff, project -specific ervices for All N - Agreement and Spradlin & Smart, et al. enforceable obli n activities DDAs- Legal Services identified in Row#71 89 Office Lease Agreement Admin Costs 3/1/2007 6/30/2016 PK Lanvin Square SC LP Office Lease for Successor Agency All N - Operations 90 Housing Entity Administrative Cost Housing Entity 07/01/2014 06/30/2018 Tustin Housing Authority Pursuant to AB 471, fled Feb 18, N - Allowance Admin Cost 2014, housing administrative cost allowance forthe Tustin Housing Authority which assumed the housing duties of the former Tustin Community Redevelopment Agency 91 Bond Proceeds Expenditure Bonds Issued On or 6/24/2014 City of Tustin In order to facilitate the use of Excess MCAS Tustin 32,067,978 N 32,067,978 32,067,978 Agreement Before 12/31/10 Bond Proceeds consistent with all applicable bond covenants, the Successor Agency and the City have negotiated the transfer of current and future excess bond proceeds by the SuccessorAgency to the City on January 1, 2015. The Oversight Board approved this Agreement in June 2014 and OB Resolution No. 14-14 was approved by the Department of Finance on August 5, 2014. 92 N 93 N 94 N 95 N 96 N 97 N 98 N 99 N 100 N 101 N 102 N 103 N 104 N 105 N 106 N 107 N 108 N 109 N 110 N N 112 N 13 N 4 N Recognized Obligation Payment Schedule (ROPS 14-15B) - Report of Cash Balances (Report Amounts in Whole Dollars) Pursuant to Health and Safety Code section 34177 (1), Redevelopment Property Tax Trust Fund (RPTTF) may be listed as a source of payment on the ROPS, but only to the extent no other funding source is available or when payment from property tax revenues is required by an enforceable obligation. For tips on how to complete the Report of Cash Balances Form, see https://rad.dof.ca.gov/rad- sa/pdf/Cash Balance Agency Tips Sheet.pdf. A B C D E F G H I Fund Sources Bond Proceeds Reserve Balance Other RPTTF Prior ROPS Prior ROPS period balances RPTTF Bonds Issued Bonds Issued and DDR RPTTF distributed as Rent, Non -Admin on or before on or after balances reserve for Grants, and Cash Balance Information by ROPS Period 12/31/10 01/01/11 retained future period(s) Interest, Etc. Admin Comments ROPS 13-14B Actuals (01/01/14 - 06/30/14) 1 Beginning Available Cash Balance (Actual 01/01/14) 32, 096,199 110,679 1,826,450 2 Revenue/Income (Actual 06/30/14) RPTTF amounts should tie to the ROPS 13-14B distribution from the Column C = Interest on bond proceeds, Column County Auditor -Controller during January 2014 G = Interest and rental income, Column H = Tax 100,428 11,599 5,408,687 payments received 3 Expenditures for ROPS 13-14B Enforceable Obligations (Actual 06/30/14) RPTTF amounts, H3 plus H4 should equal total reported actual expenditures in the Report of PPA, Columns L and Q 94,579 1,797,495 4 Retention of Available Cash Balance (Actual 06/30/14) RPTTF amount retained should only include the amounts distributed for debt service reserve(s) approved in ROPS 13-14B 5 ROPS 13-14B RPTTF Prior Period Adjustment RPTTF amount should tie to the self-reported ROPS 13-14B PPA in the No entry required Report of PPA, Column S 6 Ending Actual Available Cash Balance C to G = (1 + 2 - 3 - 4), H = (1 + 2 - 3 - 4 - 5) 32,102,048 122,278 5,385,190 ROPS 14-15A Estimate (07/01/14 - 12/31/14) 7 Beginning Available Cash Balance (Actual 07/01/14) (C, D, E, G = 4 + 6, F = H4 + F4 + F6, and H = 5 + 6) 32,102,048 122,278 5,437,642 8 Revenue/Income (Estimate 12/31/14) RPTTF amounts should tie to the ROPS 14-15A distribution from the County Auditor -Controller during June 2014 9 Expenditures for ROPS 14-15A Enforceable Obligations (Estimate 12/31/14) 10 Retention of Available Cash Balance (Estimate 12/31/14) RPTTF amount retained should only include the amount distributed for debt service reserve(s) approved in ROPS 14-15A 11 Ending Estimated Available Cash Balance (7 + 8 -9 -10) 32,102,048 122,278 5,437,642 Recognized Obligation Payment Schedule (ROPS 14-1513) - Report of Prior Period Adjustments Reported for the ROPS 13-14B (January 1, 2014 through June 30, 2014) Period Pursuant to Health and Safety Code (HSC) section 34186 (a) (Report Amounts in Whole Dollars) ROPS 13-14B Successor Agency (SA) Self-report.d Prior Pell Adjustments (PPA):Pursuant to HSC Section 34186 (a), SAs are required to report the differences between their actual available funding and their actual expenditures forth. ROPS 13-14B (January through June 2014) period. The amount of Redevelopm tint Property Tax Trust Fund (RPTTF) approved forth. ROPS 14-15B (January through June 2015) period will be offset by the SA's self-reported ROPS 13-14B prior period adjustment. HSC Section 34186 (a) also speafies that the prior period adjustments self-reported by SAs are subject to audit by the county auditor -controller (CAC) and the State Controller. A B C D E I F G H I J K L M N 1 O P Q R S T Non-RPTTF Expenditures RPTTF Expenditures Net SA Non -Admin end Atlmin PPA (Amount U..d to Offset ROPS 14-1513 Bond P.—d. Reserve Balance Other Fund. Non -Admin Admin Requestetl RPTTF) Available Available Difference RPTTF RPTTF (If total actual (RO PS 1314B Difference (R OPS 13-1413 ceetls total distributed+all other Net L...... f (IfKis le ssthan L, distributed +all other Net L ...... f authori..d, the Project Name / Debt a vailable as of Authorizetl / a the tlifference is vailable as of Authortzetl / total difference is Net Difference Item# Obligation Authorizetl Actual Authorizetl Actual Authorizetl Actual Authorizetl 01/1/14) Available Actual m) Authorizetl 01/1/14) Available Actual tiro) (M+R) SA Comments $ 112 750 $ 945/9 $ - $ - $ - $ - $ 1]2494] $ 1,81494] $ 1,]2494] $ 1,6]2,495 $ 52,452 $ 125,000 $ 125,000 $ 125,000 $ 125,000 $ - $ 52,452 1 Housing Tax Allocation 533 703 533 703 533,]03 533 703 2 FiscalAem Fees - TA 1,600 1,600 1,600 1,600 3 Continuing disclosure se,s & aroitrege 1 200 1 200 1,200 1 200 4 Graffiti removal s roravaoable mm.re�sl property sear,, "mem 6 A bbdforweb-based business assistance infoLmaaon Direct Project Related Costs (including Salary and Benefits funded by the Successor Agency) 8 PERS liability(annually a4 usted 9 Bank Analysis Fees 10 Payment in Li eu of Taxes Agreement- Flanders Pointe 11 Payment in Lieu of Taxes Agreement- Orange Gardens 12 Olson DDA/AO,l-Walk 13 Arbor Welk Promissory otes 14 Heritage Place DDA 15 Heritage Place Loan A re em 16 Single and Multi -Family Rehabilitation Loans 17 Asset Transfer Obli ,tions 18 Town Centel-H—ling Defiat Re duction Plan 19 Tax Al location Refunding Bonds 1998 (Town Center) 112,131 112,131 112131 112,131 20 Fiscel,9gent Fees -TA Bond 1998 21 Continuing disclosure & aLbitra . 1500 1500 1,500 1500 22 Contract for engneering 23 Stevens Square Parking GarageDeclaration of Covenants, Conditions, Restrictions and Reservations 10,000 100,000 10,000 9,650 350 350 24 Ambrose L—First Time Homebuyer 25 First Time Homebuyer P,,miss,,V Note 26 Makena DDA 27 Old Town Plaza Retail Rehab DDA 28 Plaza Lafayette DDA 29 Ford Commercial Rehab DDA 30 Micro Center DDA Recognized Obligation Payment Schedule (ROPS 14-1513) - Report of Prior Period Adjustments Reported for the ROPS 13-14B (January 1, 2014 through June 30, 2014) Period Pursuant to Health and Safety Code (HSC) section 34186 (a) (Report Amounts in Whole Dollars) ROBS 13-14B Successor Agency (SA) Self-report.d Prior Pend Adjustments (PPA):P,rs,ant to HSC Section 34186 (a), SAs are required to report the differences between their actual available funding and their actual expenditures forth. ROPS 13-14B (January through June 2014) period. The amount of Redevelopm ent Property Tax Trust Fund (RPTTF) approved forth. ROPS 14-15B (January through June 2015) period will be offset by the SA's self-reported ROPS 13-14B prior period adjustment. HSC Section 34186 (a) also speafies that the prior period adjustments self-reported by SAs are subject to audit by the county auditor -controller (CAC) and the State Controller. A B C D E I F G H I J K L M N 1 O P Q R S T Non-RPTTF Expenditures RPTTF Expenditures Net SA IN -Admin and Atlmin PPA (Amount J..d to Offset ROBS 14-15B Bond P.—d. Reserve Balance Other Food. Non -Admin Admin Req ... t.d RPTTF) Available Available Difference RPTTF RPTTF (If total actual (RO PS 1314B Difference (R OPS 13-1413 ceetls total distributed+all other Net L...... f (IfKis le ssthan L, distributed +all other Net L ...... f authori..d, the Project Name / Debt a vailable as of Authorizetl / the difference is availableas of Authorizetl / total diff—mce is Net Difference a Item# Obligation Authorizetl Actual Authorizetl Actual Authorizetl Actual Authorizetl 01/1/14) Available Actual m) Authorizetl 01/1/14) Available Actual ero) (M -R) SA Comments $ 112 750 $ 945/9 $ - $ - $ - $ - $ 1]2494] $ 1,81494] $ 1,]2494] $ 1,6]2,495 $ 52,452 $ 125,000 $ 125,000 $ 125,000 $ 125,000 $ - $ 52,452 31 Thompson Building OPA 32 ENA Deposit 33 Potted Plants Agreements 1]) 34 Pres ect Villa eDDA 35 Public Works Agreeme,US,,m CeU,dl Redevelelement Preect 36 Memorandum of Understanding with Orange County Water District (Seco on 33401 Payment, 3/20/1985) 37 Memorandum of Understanding with Tustin UnifiedSchool District (S eco on 33401 Payment, 9/13/1985) 38 Memorandum of Understanding with Saddleback Community College District(Section 33401 Payment, 9/13/1985) 39 Newport Av/SR55NB Name Reconfi,ration 40 Newport Av/SR55NB Name Reconfi,ration 41 Newport Av. Extension, N/0 Edinger Av. 42 Newport Av. Extension, N/0 Ed in be, Av. 43 Newport Av. Extension, N/0 Edin er Av. 44 Newport Av. Extension, N/0 Edinger Av. 45 CBS O,tdoor Billboard 46 Tustin Grove Premissory Notes and Affordable He, sn Covenants 47 Tustin G rove Affordable Housing DDA 48 Tax AlloatlonBonds - MCAS T,stin,Senes2010 984963 984963 984,963 984962 1 1 49 Fiscal Agent Fees -TA Bond 2010 50 Continuing disdos,re se,Nes& arbitrage Ise—es 1 1 500 1 500 1,500 1 500 51 L ase between the USA and me Airy of Tustin for Portions ofthe Fortner Marine Corps Air Station Tustin 52 Lease between the USA and the City of Tustin for Parcel22 ofthe Fortner Marine Corps Air Station Tustin Recognized Obligation Payment Schedule (ROPS 14-1513) - Report of Prior Period Adjustments Reported for the ROPS 13-14B (January 1, 2014 through June 30, 2014) Period Pursuant to Health and Safety Code (HSC) section 34186 (a) (Report Amounts in Whole Dollars) ROBS 13-14B Successor Agency (SA) Self-reportetl Prior Pend Adjustments (PPA):Pursuant to HSC Section 34186 (a), SAs are required to report the differences between their actual available funding and their actual expenditures forth. ROPS 13-14B (January through June 2014) period. The amount of Redevelopm ent Property Tax Trust Fund (RPTTF) approved forth. ROPS 14-15B (January through June 2015) period will be offset by the SA's self-reported ROPS 13-14B prior period adjustment. HSC Section 34186 (a) also speafies that the prior period adjustments self-reported by SAs are subject to audit by the county brad..... troller (CAC) and the State Controller. A B C D E I F G H I J K L M N 1 O P Q R S T Non-RPTTF Expenditures RPTTF Expenditures Net SA Non-Admin and Atlmin PPA (Amount U..d to Offset ROBS 14-15B Bond P.—d. Reserve Balance Other Ford. Non-Atlmin Admin Req... t.d RPTTF) Available Available Difference RPTTF RPTTF (If total actual (RO PS 1314B Difference (R OPS 13-1413 ceetls total distributed+all other Net L...... f (IfKis le ssthan L, distributed +all other Net L...... f authori..d, the Project Name / Debt a vailable as of Authorizetl / the difference is availableas of a Authorizetl / total diff—mce is Net Difference Item# Obligation Authorizetl Actual Authorizetl Actual Authorizetl Actual Authorizetl 01/1/14) Available Actual m) Authorizetl 01/1/14) Available Actual e,.) (M-R) SA Comments $ 112 750 $ 945/9 $ - $ - $ - $ - $ 1]2494] $ 1,81494] $ 1,]2494] $ 1,6]2,495 $ 52,452 $ 125,000 $ 125,000 $ 125,000 $ 125,000 $ - $ 52,452 53 E con. mic Devel.pment Conveyance (EDC) Application for Manne Corps Air Station (MCAS) Tustin as Amended 54 C.ntractf.r Development Advisorservices 55 C.ntractf.r Engineering& Pl... I'd 56 Contract for Planning Services 57 Contract for Engineering Services 58 Contract for Financial Analysis 6,]50 6,]50 6,]50 6,]50 6,]50 59 Newport/SR55 Gateway Master plan &landscape improvements 60 Website Hosting A reement 1,600 1,600 1,600 900 700 700 61 Contract for farce repair 62 Contract for Maintenance of u,develo ed r tin es 63 Regulatory Coventry CouOR Agreement & Declaration of Restrictive Covenants and Supplemental Regulatory Agreement 64 Contract for Environmental Services 65 Contract for Ge.Tech Services 66 Contract for C.nstru coon Management 67 Contract for Environmental Services 68 6th Amended,9gmt for Reimbure.m ern of costs and City/Admin Agency Operations Loan between the SA/city pursuant to California HSC Section 34111 (j) 125,000 125,000 69 3rd Amended A9mt for R eimbursem ent of Costs and City/Admin Agency Operations Loan between the SA/City pu rsuant to California HSC Section 4180 e 10 t-related costs Direct Protect assocwith MCAS Tustin Tax Allocation Bonds, Senes 2010 (including Salary and Benefits of employees) 112,]50 94 579 11 Affordable Housing Reimbursement Agreement and First Amend ent Between Citv and Aqencv Recognized Obligation Payment Schedule (ROPS 14-1513) - Report of Prior Period Adjustments Reported for the ROPS 13-14B (January 1, 2014 through June 30, 2014) Period Pursuant to Health and Safety Code (HSC) section 34186 (a) (Report Amounts in Whole Dollars) ROPS 13-14B Successor Agency (SA) Self-report.d Prior Pend Adjustments (PPA):Pursuant to HSC Section 34186 (a), SAs are required to report the differences between their actual available funding and their actual expenditures forth. ROPS 13-14B (January through June 2014) period. The amount of Redevelopm ent Property Tax Trust Fund (RPTTF) approved forth. ROPS 14-15B (January through June 2015) period will be offset by the SA's self-reported ROPS 13-14B prior period adjustment. HSC Section 34186 (a) also speafies that the prior period adjustments self-reported by SAs are subject to audit by the county auditor -controller (CAC) and the State Controller. A B C D E I F G H I J K L M N 1 O P Q R S T Non-RPTTF Expenditures RPTTF Expenditures Net SA Non -Admin and Atlmin PPA (Amount J..d to Offset ROPS 14-15B Bond P. -d. Reserve Balance Other Fund. Non -Admin Admin Req ... t.d RPTTF) Available Available Difference RPTTF RPTTF (If total actual (RO PS 1314B Difference (R OPS 13-1413 ceetls total distributed+all other Net L...... f (IfKis le ssthan L, distributed +all other Net L ...... f authori..d, the Project Name / Debt a vailable as of Authorizetl / the diff.nmce is a as of available Authon..d / total diff-mce is Net Difference Item# Obligation Authorizetl Actual Authorizetl Actual Authorizetl Actual Authorizetl 01/1/14) Available Actual m) Authon..d 01/1/14) Available Actual ero) (M -R) SA Comments $ 112 750 $ 945/9 $ - $ - $ - $ - $ 1]2494] $ 1,81494] $ 1,]2494] $ 1,6]2,495 $ 52,452 $ 125,000 $ 125,000 $ 125,000 $ 125,000 $ - $ 52,452 12 South Central Project Area Loan 73 Housing Tax Allocation Bonds, Series 2010 -Legal Services 5,000 5,000 5,000 5,000 5,000 74 Olson DDA/Arb.rWalk- Legal Services 5,000 5,000 5,000 349 4,651 4,651 75 Heritage Place DDA/L.an A reemem-Le al Services 2500 2500 2, 500 2,500 2500 76 Single and Multi -Family Rehabilitation Loans - Legal Services 2500 2500 2,500 2,500 2500 ]] Town Center Heusi ng Def at Reduction Plan - Le al Services 78 Tax Allocation Refunding Bonds 1998 (Town Center) Least Services 2500 2500 2,500 2,500 2500 79 Stevens Square Parking GarageDeclaration U Covenants, Conditions, Restrictions and Reservations- Legal Services 80 Ambrose Lan./FT Time Homebuyer -Legal Services 81 Tustin Grove -Legal Services 82 Tax Allocation Bonds- MCASTustin, Series2010- Least Services 25,000 25,000 25,000 25,000 25,000 83 Lease between the USA and me Airy of Tustin for Portions ofthe Fortner Marine Corps Air Station Tustin - Legal Services 84 Lease between the USA and me City of Tustin for Parcel22 ofthe Fortner Marine Cor s Air Station 85 E con. mic Devel.pm ent Conveyance (EDC) Application for Marine Corps Air Station (MCAS) Tustin as Amended -Legal Services 25,000 25,000 25,000 25,000 86 Coventry Court Regulatory Agreement & Declaration of Restrictive Covenants and Supplemental Regulatory Agreement -Le gal Services 2500 2500 2,500 2,500 2500 87 ALL Usable He sing Reimbursement Agreement and Affordable Housing DDAs-Least Se' ces 88 Contraa for Maintenance& Erosion C.ntrel 89 Office Lease Are ent