HomeMy WebLinkAbout03 APPROVING THE RECOGNIZED OBLIGATION PAYMENT SCHEDULE 2019-20 TO 2040-41Agenda Item
AGENDA REPORT
Oversight Board of the Successor Agency to the
Tustin Community Redevelopment Agency
MEETING DATE: MAY 22, 2018
SUBJECT/ACTION: ADOPT OVERSIGHT BOARD RESOLUTION NO. 18-03,
APPROVING THE RECOGNIZED OBLIGATION PAYMENT
SCHEDULE FOR FISCAL YEARS 2019-20 THROUGH 2040-41
RECOMMENDATION / PROPOSED ACTION
It is recommended the Oversight Board of the Successor Agency to the Tustin Community
Redevelopment Agency adopt Oversight Board Resolution No. 18-03, approving the Last
and Final Recognized Obligation Payment Schedule ("ROPS) for the period covering from
Fiscal Year ("FY") 2019-20 through FY 2040-41, and authorize submission of the Last
and Final ROPS to the Department of Finance ("DoF"), 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 DoF from the Last and Final ROPS; and
b) Should any subsequent modifications be required to Last and Final ROPS, 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 California Health and Safety Code (HSC) Section 34191.6(c), DoF has
100 days to review the Last and Final ROPS.)
BACKGROUND
Pursuant to HSC Section 34191.6(a), the Successor Agency may submit a Last and Final
ROPS as long as the remaining debt is limited to administrative costs and payments
pursuant to enforceable obligations with defined payment schedules for debt service, loan
agreements and contracts. As a result, the Successor Agency has prepared the Last and
Final ROPS for the period of July 1, 2019 through December 31, 2040, and, received
Successor Agency approval on May 15, 2018. The Last and Final ROPS lists the last
remaining enforceable obligations, the Series 2016 Tax Allocation Refunding Bonds and
administrative costs necessary for the Successor Agency to wind down the former
Agency.
Pursuant to HSC Section 34177(1)(2)(B)), the Successor Agency is required to submit a
copy of the Last and Final 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. Upon approval by the Oversight Board, a copy will
Agenda Report
May 22, 2018
Page 2
be submitted to the County Auditor -Controller, the State Controller's Office and the DoF
and posted on the Successor Agency's website.
Authorization is requested to allow the Successor Agency's Executive Director and/or
Finance Director to augment, modify or revise the document in response to DoF or County
Auditor -Controller comments as may be needed. Staff will be available to answer any
questions the Oversight Board may have.
Attachment: Oversight Board Resolution No. 18-03
OVERSIGHT BOARD RESOLUTION NO. 18-03
A RESOLUTION OF THE OVERSIGHT BOARD OF THE
SUCCESSOR AGENCY TO THE TUSTIN COMMUNITY
REDEVELOPMENT AGENCY APPROVING THE LAST AND
FINAL RECOGNIZED OBLIGATION PAYMENT SCHEDULE
("ROPS") 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 18-03
Page 1 of 3
On May 15, 2018, the Successor Agency approved the Last and Final Recognized
Obligation Payment Schedule ("ROPS") for Fiscal Years ("FY") 2019-20 through FY
2040-41; and
The Oversight Board has duly considered all other related matters and has determined
that the Board's approval of Last and Final ROPS 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 the Last and Final ROPS attached hereto as
Attachment No. 1 and incorporated herein, and further authorizes the Successor Agency to
transmit this Resolution to the County Administrative Officer, County Auditor -Controller, and
the State Department of Finance ("DoF").
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 shall be effective after the DoF has reviewed and approved
the Last and Final ROPS. Pursuant to California Health and Safety Code (HSC) Section
34191.6(c), the DoF has one hundred (100) business days to review the Last and Final
ROPS.
Section 5. The Secretary of the Oversight Board shall certify to the adoption of this
Resolution.
APPROVED AND ADOPTED this 22nd day of May, 2018.
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 18-03
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. 18-03 was duly passed and adopted at a regular meeting of the
Oversight Board, held on the 22nd day of May, 2018, 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 — Last and Final Recognized Obligation Payment Schedule
Fiscal Year 2019-20 through Fiscal Year 2040-41
Oversight Board Resolution 18-03
Page 3 of 3
ATTACHMENT NO. 1
RECOGNIZED OBLIGATION PAYMENT SCHEDULE
(FY 2019-20 through FY 2040-41)
Successor Agency:
County:
Initial ROPS Period
Final ROPS Period
Last and Final Recognized Obligation Payment Schedule (ROPS) -Summary
Filed for the July 1, 2019 through December 31, 2040 Period
Tustin
Orange
ROPS 19-20A
ROPS 40-41A
Total Outstanding
Requested Funding for Enforceable Obligations Obligation
A Enforceable Obligations Funded as Follows (B+C):
B Bond Proceeds
C Other Funds
D Redevelopment Property Tax Trust Fund (RPTTF) (E+F):
E RPTTF
F Administrative RPTTF
G Total Outstanding Enforceable Obligations (A+D):
Certification of Oversight Board Chairman:
Pursuant to Section 34177 (o) of the Health and Safety code, I hereby
certify that the above is a true and accurate Recognized Obligation
Payment Schedule for the above named agency.
/s/
Name
Signature
$ 76,051,913
74,331,913
1,720,000
$ 76,051,913
Title
Date
Tustin Last and Final Recognized
July 1,
Obligation
2019
Payment Schedule (ROPS)
through December 31, 2040
- ROPS Detail
A Period
July - December
B Period
January - June
Fund Sources
Fund Sources
ROPS Period Bond Proceeds Other Funds RPTTF Admin RPTTF Six -Month Total Twelve -Month
Total
ROPS Period Bond Proceeds Other Funds RPTTF Admin RPTTF Six -Month Total
$ - $ _ $ 63,722,394 $ 880,000 $ 64,602,394
0$ - $ - $ 10,609,519 $ 840,000 $ 11,449,519 $
76,051,913
ROPS 18-19A - - - - $ -
ROPS 18-19B - - - - $ - $
-
ROPS 19-20A - - 2,922,863 40,000 $ 2,962,863
ROPS 19-20B - - 989,962 40,000 $ 1,029,962 $
3,992,825
ROPS 20-21A - - 2,954,963 40,000 $ 2,994,963
ROPS 20-21B - - 950,662 40,000 $ 990,662 $
3,985,625
ROPS 21-22A - - 3,000,663 40,000 $ 3,040,663
ROPS 21-22B - - 909,662 40,000 $ 949,662 $
3,990,325
ROPS 22-23A - - 3,039,663 40,000 $ 3,079,663
ROPS 22-23B - - 867,062 40,000 $ 907,062 $
3,986,725
ROPS 23-24A - - 3,082,063 40,000 $ 3,122,063
ROPS 23-24B - - 822,762 40,000 $ 862,762 $
3,984,825
ROPS 24-25A - - 3,127,763 40,000 $ 3,167,763
ROPS 24-25B - - 776,662 40,000 $ 816,662 $
3,984,425
ROPS 25-26A - - 3,171,663 40,000 $ 3,211,663
ROPS 25-26B - - 716,787 40,000 $ 756,787 $
3,968,450
ROPS 26-27A - - 3,231,788 40,000 $ 3,271,788
ROPS 26-27B - - 653,912 40,000 $ 693,912 $
3,965,700
ROPS 27-28A - - 3,293,913 40,000 $ 3,333,913
ROPS 27-28B - - 587,912 40,000 $ 627,912 $
3,961,825
ROPS 28-29A - - 2,947,913 40,000 $ 2,987,913
ROPS 28-29B - - 528,912 40,000 $ 568,912 $
3,556,825
ROPS 29-30A - - 2,558,913 40,000 $ 2,598,913
ROPS 29-30B - - 478,162 40,000 $ 518,162 $
3,117,075
ROPS 30-31A - - 2,608,163 40,000 $ 2,648,163
ROPS 30-31B - - 424,912 40,000 $ 464,912 $
3,113,075
ROPS 31-32A - - 2,659,913 40,000 $ 2,699,913
ROPS 31-32B - - 396,975 40,000 $ 436,975 $
3,136,888
ROPS 32-33A - - 2,691,975 40,000 $ 2,731,975
ROPS 32-33B - - 351,075 40,000 $ 391,075 $
3,123,050
ROPS 33-34A - - 2,731,075 40,000 $ 2,771,075
ROPS 33-34B - - 303,475 40,000 $ 343,475 $
3,114,550
ROPS 34-35A - - 2,788,475 40,000 $ 2,828,475
ROPS 34-35B - - 253,775 40,000 $ 293,775 $
3,122,250
ROPS 35-36A - - 2,828,775 40,000 $ 2,868,775
ROPS 35-36B - - 202,275 40,000 $ 242,275 $
3,111,050
ROPS 36-37A - - 2,887,275 40,000 $ 2,927,275
ROPS 36-37B - - 162,000 40,000 $ 202,000 $
3,129,275
ROPS 37-38A - - 2,922,000 40,000 $ 2,962,000
ROPS 37-38B - - 120,600 40,000 $ 160,600 $
3,122,600
ROPS 38-39A - - 2,965,600 40,000 $ 3,005,600
ROPS 38-39B - - 77,925 40,000 $ 117,925 $
3,123,525
ROPS 39-40A - - 3,002,925 40,000 $ 3,042,925
ROPS 39-40B - - 34,050 40,000 $ 74,050 $
3,116,975
ROPS 40-41A - - 2,304,050 40,000 $ 2,344,050
ROPS 40-41B - - - - $ - $
2,344,050
ROPS 41-42A - - - - $ -
ROPS 41-42B - - - - $ - $
-
ROPS 42-43A - - - - $ -
ROPS 42-43B - - - - $ - $
-
ROPS 43-44A - - - - $ -
ROPS 43-44B - - - - $ - $
-
ROPS 44-45A - - - - $ -
ROPS 44-45B - - - - $ - $
-
ROPS 45-46A - - - - $ -
ROPS 45-46B - - - - $ - $
-
Tustin Last and Final Recognized Obligation Payment Schedule (ROPS) - ROPS Detail
July 1, 2019 through December 31, 2040
(Report Amounts in Whole Dollars)
A B
C
D
E
F
G H
I
Item# Project Nam./D.bt Obligation
Obligation Type
Contract/Ag——t
Execution Bate
Contract/Agree .nt
Termination Bate
Payee
B.scnpti'n/P-'j.ct Scope Project Area
Total Outstanding
Obligation
$ ]6,051 913
6810th Am.nd.dA mt for Reimb urs e m.nt
Admin Costs
8/28/2012
6/30/2017
Em to ees fund.db the Administrative Bud .tf'r em to ees
1 ]20000
96 Su...sso-Agency to the Tusti n
Community R.d.velo pm.nt Agency,
Tax Allocation Refunding Bonds, Series
2 01 6
Bonds Issued After
12/31/10
9/1/2016
9/1/2040
B'ndh'I d.rs via The Bank Refundi ng for H'using Tax Allocation
of New Vork Mellon Bonds, Series 2010 and Tax Allocation
Bonds - MCAS Tustin, S.n.s 2010.
Proceeds of the Bonds will be applied
to refund the Forney Agency
Obligations, to purchase a reserve fund
muniapal bond insurance policy in lieu
of cash funding a reserve fund f' -the
Bonds and provide forth. cost of
issuing the Bonds.
]4331913
97Fiscal Agent F..s-TA Refunding
Bonds 2016
Fees
9/1/2016
9/1/2040
Th. Bank o f New V'rk
M.II'n
administration o f bond activiti.s[paid
nually]
98 Continuing disdim -. services &
arbitrage s.rvlc.s
Fees
9/1/2016
9/1/2040
Appli.d B.st Practices',
Wild- &Associates
Continuing disclosure services for 2016
TA -.funding bonds and arbitrage
Tustin Last and Final Recognized Obligation Payment Schedule (ROPS) - ROPS Detail
July 1, 2019 through December 31, 2040
(Report Amounts in Whole Dollars)
A B
C
D
E
F G H
J
I
L
I P
Q
Item# Project th—e ebt Obligation
Obligation Type
Cornraot/Agree ent
Execution Date
ContractfAgreement
Termination Date
Payee Description/Prgwt Scope Project Area
18-19A Jul -December
Fund Sources
Bond Proceeds Other Funds RPTTF Admin RPTTF
18-19B(January -June
Fund Sources
Bond Proceeds Other Funds RPTTF Admin RPTTF
68 10th Amended A mt for Reimbu rs ement
Admin Costs
8/282012
6/30201]
Em to ees funded b the Administrative Bud et foram to ees
$ - $ - $ - $
- $ - $ - $
96 Succes—Ag ency to the Tustin
Community Redevelopment Ag enc y,
Tax Allocation Refunding Bonds, Series
2 01 6
Bonds Issued After
12/31/10
9/1/2016
9/1/2040
Bondholders v is The Bank Re fundingforHousin 9 Tax Allocation
of New Vork Mellon Bonds, Series 2010 -d Tax Allocation
Bonds - MCAS Tustin, Series 2010.
Proceeds of the Bonds will be appfred
to refund me Former ggenuy
Ob Is to purchase a reseree fund
canlapal bond Insurance poocv In lieu
of sh funding ry
a resee fund forthe
Bonds and provide forth. cost of
uing the Bonds.
97 Fiscal Agent Fees -TA Refunding
Bonds 2016
Fees
9/1/2016
9/1/2040
The Bank of New Vork administration of bond a ctivities[paid
Mellon nual l y]
98 Continuing disdosure services &
arbitrage services
Fees
9/1/2016
9/1/2040
Applied Best Practi ces; Continuing disclosure services for 2016
woman &Associates TA refunding bonds and arbitrage
Tustin Last and Final Recognized Obligation Payment Schedule (ROPS) - ROPS Detail
July 1, 2019 through December 31, 2040
(Report Amounts in Whole Dollars)
A B C
D
E F
G
H
R
I
T
U
V
W
X
V
Item# Project th—/D.bt Obligation Obligation Type
C,,t—t/Agr..m.rn
Execution Date
Cont—UAgree ..t
Termination Date Payee
D—hpt-/Prost Scope
Project Area
19-20A Jul -December
19-20B(January -June
Fund Sources
Fund Sources
Bond Proc.. ds Other Funds RPTTF Admin RPTTF
Admin
Bond Proc.. ds Other Funds RPTTF RPTTF
6810th Am..d.dA mt for Reimbursement Admin Costs
8/28/2012
6/30/2017 Em lo..s fu.d.dbv the
Administrative Bud et foram to ee
$ - $ - $ 2922,863 $ 40,000
40000
$ - $ 989962 $ 40,000
40000
96 Successor Agency to the Tustin Bonds Issued After
Co mmu.ity Re d.v.l o pm..t Ag enc y, 12/31/10
Tax Allocation Refunding Bonds, Series
2016
9/12016
9/12040 Bondholders via The Bank
of New Vork Mellon
Refunding for Housing Tax Allocation
Bonds, Series 2010 and Tax Allocation
Bonds - MCAS Tustin, Series 2010.
Proceeds ofth. Bonds will be applied
to refund the Former Agency
O bligatio.s, to purchase a reserve fund
iipal bond insurance policy i, lieu
of cash funding a reserve fund forth.
Bonds andprovide forth. cost of
ui.g th. Bonds.
2922,863
989962
97 Fiscal Agent Fees - TA Refunding Fees
Bonds 2016
9/12016
9/12040 The Bank of New York
Mellon
administration of bond activities [paid
..ally]
98 Continuing disclosure services & Fees
arbitrage sorvi.s
9/12016
9/12040 Appfi.d Best Practi—
Wiltda. & Assoaats
Continuing disclosure services for 2016
TA r.fu.dl.g bonds and arbltrag.
Tustin Last and Final Recognized Obligation Payment Schedule (ROPS) - ROPS Detail
July 1, 2019 through December 31, 2040
(Report Amounts in Whole Dollars)
A
B
C
D
E
F G
H
Z
AA
I AB
I AC
AD
AE
I AF
AG
Item#
Project Name/Debt Obligation
Obligation Type
C-t—tAg--t
Execution Date
Co.e-aovAg"'M"t
Te hmin still Date
Payee Descripti ePi-q-t Scope
Project Area
20-21A Jul -December
20-21B(January -June
Fund Sources
Fund Sources
Bond Plocee ds Other Funds RPTTF Admin RPTTF
Bond Plocee ds Other Funds RPTTF
Admin RPTTF
6810th
Amen dedA mt fol Reimbu rseme.t Admin Costs
8/28/2012
6/30/201]
Em to ees fundedb the Administrative Bud etforem toe
$ - $ - $ 2 954 963 $ 40,000
40000
- $ EEM[950662
$ 40,000
40000
96
Successor Agency to the Tustin
Community Redevel opme.t Agency,
Tax Allocation Refunding Bonds, Series
2016
Bods Issued After
12/31/10
9/1/2016
9/1/2040
Bondholders via The Bank Refunding for Housing Tax Allocation
of New York Mellon Bonds, Series 2010 and Tax Allocation
Bods -M CAS Tustin, Series 2010.
Proceeds ofthe Bonds will be applied
to refund the Fortner Agency
Obligations, to purchase a reserve fund
pal bond insurance policy IT lieu
ofucdsh funding a reserve fund fol -the
Bonds and provide fol- the cost of
iss,i,g the Bonds.
2954963
950,662
9
Fiscal Agent Fees -TA Refunding
Bonds 2016
Fees
9/1/2016
9/1/2040
The Bank of New York administration of bond activities [paid
Mellon ..ally]
98
Continuing disclosure services &
arbitrage sell ces
Fees
9/1/2016
9/1/2040
Applied Best Practices, Continuing disclosure services to 12016
Wilma.&Associates TA 1efu.di,g b o.ds and arbitrage
Tustin Last and Final Recognized Obligation Payment Schedule (ROPS) - ROPS Detail
July 1, 2019 through December 31, 2040
(Report Amounts in Whole Dollars)
A
B
C
D
E
F
G
H
AH
AI
AJ
AK
AL
AM
I AN
I AD
Item#
Project Name/Debt Obligation
Obligation Type
ContracvAgreement
Execution Date
Cone-aot/Agreemern
Termination Date
Payee
Description/Project Scope
Project Area
21-22A Jul -December
21-22B(January -June
Fund Sources Fund Sources
Bond Procee ds Other Funds RPTTF Admin RPTTF Bond Proceeds Other Funds RPTTF
Admin RPTTF
6810th
Am endedA mtfor Reimbursement Admin Costs
8/28/2012
6/30/201]
Em to ees fundedb the
Administrative Bud et foram to ee
$ - $ - $ 3,000,663 7-45 555
40000
- $ -
$ 909,662
$ 40,000
40000
96
Successor Agency to the Tustin
Community Redevelopment Agency,
Tax Allocation Refunding Bonds, Series
2016
Bonds Issued After
12/31/10
9/1/2016
9/1/2040
Bondholders via The Bank
of New York Mellon
Refunding for Housing Tax Allocation
Bonds, Series 2010 and Tax Allocation
Bonds - MCAS Tustin, Series 2010.
Proceeds ofthe Bonds will be applied
to refund the Form er Agency
Obligations, to purchase a reserve fund
nicipal bond insur ancepolicy in lieu
of cash funding a reserve fund forthe
Bonds and provide for the cost of
lissui,g the Bonds.
3,000,663
909,662
97
Fiscal Agent Fees -TA Refunding
Bonds 2016
Fees
9/1/2016
9/1/2040
The Bank of New York
Mellon
adminstration of bond activities [paid
nuaiIs]
98
Continuing disci osure services&
aro ltrage se, 'es
Fees
9/1/2016
9/1/2040
Applied Best Practices,
Wiilldan&Assoaates
Contin uing disclosure services for 2016
TA refund ing be Theand arbitrage
Tustin Last and Final Recognized Obligation Payment Schedule (ROPS) - ROPS Detail
July 1, 2019 through December 31, 2040
(Report Amounts in Whole Dollars)
A B
C
D
E
F G
H
AP
AQ
I AR
I AS
AT
Al
I AV
I AW
Item# ProiectNamefoebt obligation
obligation Type
Cont—tAg—ment
Execution Date
Cone-aovAgreemern
Ten still Date
Payee Descnption/Prolect Scope
Proiect Area
22-23A Jul -December
22-23B(January
-June
Fund Sources
Fund Sources
Bond Procee ds otherFunds RPTTF AdminRPTTF
Bond Procee ds OtherFunds RPTTF
AdminRPTTF
$ - $ - $ 3,039,663
$ 40,000
$ -
$ -
$ 86],062
$ 40,000
6810th AmendedA mt Nr Reimbursement
Ad min Costs
8/28/2012
6/30/201]
Em to ees fundedb the Administrative Bud etforem to ee
40000
40000
96 Succes— Agency to the Tustin
Comm a pity Redevel opment Agency,
Tax Allocation Refunding Bonds, Senes
2016
Bonds Issued After
12/31/10
9/1/2016
9/1/2040
Bondholders via The Bank Refunding for Housing Tax All o cation
of New Vork Mellon Bonds, Series 2010 and Tax Allocation
Bends -M CAS Tustin, Series 2010.
Proceeds ofthe Bonds will be applied
to refund the Former Agency
uligations, to purchase a reserve fund
Ob
ici pal bond insurance policy in lieu
of cash funding a reserve fund fol -the
Bonds and provide fol -the cost of
ui ng the Bonds.
3,039,663
86],062
97 Fiscal Agent Fees -TA Refunding
B ends 2016
Fees
9/1/2016
9/1/2040
The Bank of New York administration of bond activities [paid
Mellon nually]
98 Continuing disclosure services &
al-bit-age services
Fees
9/1/2016
9/1/2040
Applied Best Pi -ac ces, Continuing disclosure services fol-2016
Willdan&Associates TA refunding bonds and al -bit -age
Tustin Last and Final Recognized Obligation Payment Schedule (ROPS) - ROPS Detail
July 1, 2019 through December 31, 2040
(Report Amounts in Whole Dollars)
A B
C
D
E
F G H
AX
I Al
I AZ
BA
BB
I BC
I BD
I BE
Item# Project Nsm./D.bt Obligation
Obligation Type
Contract/Agree .nt
Execution Date
Cornract/Agre.m.rn
Termination Date
Payee D.scription/Proj.ct Scope Project Area
23-24A Jul -December
Fund Sources
Bond Proceeds Other Funds RPTTF Admin RPTTF
23-24B (January -June
Fund Sources
Bond Pr.... ds Other Funds RPTTF Admin RPTTF
68 10th Amended A mt for Reimb urs. m.nt
Admin Costs
8/28/2012
6/30/2017
Em to ees funded b the Administrative Bud et for em Io ees
$ - $ - $ 3,082,063 $ 40,000
40 000
$ - $ 822762 $
40 000
96 SuccessorAg only to the Tustin
Community Redevelopment Agency,
Tax Allocation Refunding Bonds, Sens
2 01 6
Bonds Issued After
12/31/10
9/1/2016
9/1/2040
Bondholders via The Bank Refunding for Housing Tax Allocation
of New York Mel Ion Bonds, Series 2010 and Tax Allocation
Bonds- MCAS Tustin, Series 2010.
Proceeds of the Bonds will be applied
to refund the Former Ag.n.y
Obllgatio ns, to purchase a reserve fund
nlapal bond Insurance policy In lieu
of cash funding a reserve fund forth.
Bonds and provide forth. cost of
uing he Bonds.
3,082,063
822,]62
9]Fiscal,�gent Fees -TA Refunding
Bonds 2016
Fees
9/1/2016
9/1/2040
The Bankof New York admi nistration of bond activities [paid
Mellon nually]
98 Continuing disclosure services &
aro¢rage services
Fees
9/1/2016
9/1/2040
Applied Best Practices; Continuing disclosuices for 2016
Wild &Assodates TA refunding bonds re andserybrbtrage
Tustin Last and Final Recognized Obligation Payment Schedule (ROPS) - ROPS Detail
July 1, 2019 through December 31, 2040
(Report Amounts in Whole Dollars)
A B
C
D
E
F G H
BF
I BG
I BH
I BI
BJ
BK
I BL
BM
Item# Prol.ct Nsm./B.bt obligation
Obllgst—Type
Co.tract/Agr..m.rn
Execution Bate
Cornmct/Agro. ..t
Termination Bate
Payee Bescdpt-/Proiect Scope Proiect Area
24-25A Jul -December
24-25B(January -June
Fund Sources
Fund Sources
Bond Proc.. ds otherFunds RPTTF AdminRPTTF
Bond Proc.. ds Oth.rFu.ds RPTTF I AdminRPTTF
6810th Am..d.dAmt for Reimbursement Admin Costs
8/28/2012
6/30/2017
Emlo..s fu.d.db the Administrative Bud.tfor.mlo.e
$ - $ - $ 3,12]]63 $ 40,000
40000
- $ - $ ]]6,662 $
40000
96 Su ... ssor Ag...yto the Tustin
C. mmu.ity Redevelopment Ag enc y,
Tax Allocation Refunding Bonds, Series
2016
Bonds Issued After
12/31/10
9/12016
9/12040
Bondholders via The Bank Refunding for Housing Tax Allocation
o f New Vork M el lon Bonds, Series 2010 and Tax Allocati on
Bonds - MCAS Tustin, Series 2010.
Proceeds ofth. Bonds will be applied
to refund the Forney Age.cy
Ob to purchase a reserve fund
nici pal bond insurance policy i, lieu
of cash funding a reserve fund forth.
Bonds andprovide forth. cost of
ui.g the Bonds.
312],]63
]]6,662
97 Fiscal Agent Fees - TA Refunding
Bonds 2016
Fees
9/12016
9/12040
The Bank of New Vork administration o f be n d a ctiv itis[paid
Mellon .uall y]
98 Continuing disclosure services &
aroitrage services
Fees
9/12016
9/12040
Applied Best Practices, Continuing disclosure services for 2016
Wiilldsn & Assoaates TA refunding bonds and aroitrage
Tustin Last and Final Recognized Obligation Payment Schedule (ROPS) - ROPS Detail
July 1, 2019 through December 31, 2040
(Report Amounts in Whole Dollars)
A
B
C
D
E
F G
H
BN
BO
I BP
I BQ
BR
BS
I BT
BU
Item#
Project Name/Bebt obligation
obligation Type
Cornra t/Agreemern
Execution Bate
Contract/Agroement
Terri Bate
Payee Bescnption/Pmiect Scope
Project Area
25-26A Jul -December
Fund Sources
Bond Procee ds OtherFunds RPTTF
AdminRPTTF
25-26B(January -June
Fund Sources
Bond Procee ds
Other RPTTF AdminRPTTF
6810th
Amen d,d As m t for Re i m burse mem Admin Costs
8/28/2012
6/30/201]
Em to els fundedb tanhe Administrative Bud et for em toe
3,1]1,663
$ 40,000
40000
$ -
$ ]16,]8] $ 40,000
40000
96
Successor Agency to the Tustin
Community Redevel 0pment Agency,
Tax Allocation Refunding Bonds, Series
2 01 6
Bonds Issued After
12/31/10
9/1/2016
9/1/2040
Bond hol hers vi a The Bk R efun ding for Housing Tax Allocation
of New York Mellon Bonds, Series 2010 and Tax Allocation
Bonds- M CAS Tustin, Series 2010.
Proceeds of the Bonds will be applied
to refund the Former Agency
Obligations, to purchase a reserve fund
nicipal bond insurance policy in lieu
ofcash funding a reserve fund for the
Bonds and provide for the cost of
uing the Bonds.
3,1]1,663
716 787
97
Fiscal Age nt Fees -TA Refunding
Bonds 2016
Fees
9/1/2016
9/1/2040
1
The Bank of New York administration of bond activities paid
Mellon nu ally]
98
Continuing disclosure services &
arbitrage seroioes
Fees
9/1/2016
9/1/2040
Applied Best Practices, Continuing disdosure services for 2016
Wilds, &Assodates TA remnding bonds and arbitrage
Tustin Last and Final Recognized Obligation Payment Schedule (ROPS) - ROPS Detail
July 1, 2019 through December 31, 2040
(Report Amounts in Whole Dollars)
A B
C
D
E
F
G
H
BV
I BW
BX
BV BZ
CA
CB
CC
Item# Project Name/Debt Obligation
Obligation Type
Cone-aot/Agmeemern
Execution Date
Cornmot/ggmee ant
Termination Date
Payee
Descnption/Pmoject Scope
Project Area
26-27A Jul -December
26-27B (January -June
Fund Sources Fund Sources
Bond Pmocee ds Other Funds RPTTF Admin RPTTF Bond Procee ds Other Funds RPTTF
Admin RPTTF
6810th Amended A mt for Reimbursement Admin Costs
8/28/2012
6/30/2017
Em to ees fundedb the
Administrative Bud et foram to ee
$ - $ - $ 3 $ 40,000
40000
-
$ 653912
$ 40,000
40000
96 Su ccessom Agencyto the Tustin
Co mmunity Redevelopment Agency,
Tax Allocation Refunding Bonds, Senes
2016
Bonds Issued After
12/31/10
9/12016
9/12040
Bondholders via The Bank
of New Vork Mellon
Refunding for Housing Tax Allocation
Bonds, Seri es 2010 and Tax Allocation
Bonds -MCAS Tustin, Series 2010.
Proceeds ofthe Bonds will be applied
to refund the Forney Agency
Obligations, to purchase a reserve fund
rndpal bond insurance policy in oeu
of cash funding a reserve fund forthe
Bonds and provide fol- the cost of
iss,ing the Bonds.
3 231 788
653912
97 Fiscal Agent Fees - TA Refunding
Bonds 2016
Fees
9/12016
9/12040
The Bank of New Vork
Mellon
administration of bond activities to id
nually]
98 Continuing disci osservices &
aroitmge semmes
Fees
9/12016
9/12040
Applied Best Practices,
wilman &,�soaates
Continuing disclosure services for 2016
TA �emnding bonds and aroitmge
Tustin Last and Final Recognized Obligation Payment Schedule (ROPS) - ROPS Detail
July 1, 2019 through December 31, 2040
(Report Amounts in Whole Dollars)
A B
C
D
E
F G
H
CD
CE
CF
CG
CH
CI
CJ
CK
Item# Pro]ect Name/Debt obligation
Obligation Type
ContraafAgreement
Execution Bate
ContraafAgl-eement
Termination Bate
Payee Bescnpti ePi—q-tScope
27-28A Jul -December
27-28B (January -June
Fund Sources Fund Sources
Project Area Bond Procee ds Cobol- Funds RPTTF AdminRPTTF Bond Proceeds otherFunds RPTTF
AdminRPTTF
6810th Amended A mt for Reimbursement Ad min Costs
8/28/2012
6/30/2017
Em to ees funded the Administrative Bud etforem to ees
$ - $ - $ 3 293 913
$ 40,000
40000
$ - $ 587 912
$ 40,000
40000
96 Successor Pgency to the Tustin
Community Redevel opment Agency,
Tax Allocation Refunding Bonds, Sense
2 01 6
Bonds Issued After
12/31/10
9/1/2016
9/1/2040
Bondholders via The Bank Refunding Nr Housing Tax Allocation
of New Vork Mellon Bonds, Senes 2010 and Tax Allocation
Bonds- MCAS Tustin, Sense 2010.
Proceeds of the Bonds will be applied
to refund the Forney Agency
Obligations, to purchase a reserve fund
icipal bond insurance policy in lieu
ofucash funding a reserve fund for the
Bonds and provide for the cost of
uing the Bonds.
3293913
587912
97 Fiscal Agent Fees -TA Refunding
Bonds 2016
Fees
9/1/2016
9/1/2040
The Bank of New Vork administration of bond activities ]paid
Mellon nually]
98 Continuing disclosure services &
aro¢rage semioes
Fees
9/1/2016
9/1/2040
Applied Best Practices, Continuing disdosure services for 2016
Wlman&Assodates TA refunding bonds and aro¢rage
Tustin Last and Final Recognized Obligation Payment Schedule (ROPS) - ROPS Detail
July 1, 2019 through December 31, 2040
(Report Amounts in Whole Dollars)
A B
C
D
E
F
G
H
CL
CM
I CN
I CD
CP
CQ
CR
CS
Item# Project Name/Bebt Obligation
Obligation Type
Cone-aot/Agmeemern
Execution Bate
Cornmot/ggmee ent
Termination Bate
Payee
Bescnption/Pmoject Scope
Project Area
28-29A Jul -December
28-29B(January
-June
Fund Sources Fund Sources
Bond Pmocee ds Other Funds RPTTF Admin RPTTFBond Procee ds Other Funds RPTTF
Admin RPTTF
6810th Amended A mt for Reimbursement Admin Costs
8/28/2012
6/30/2017
Em to ees fi,nded be the
Administrative Bud et for em to ee
$ - $ - $ 294] 913 $ 40,000
40000
- $ -
$ 528912
$ 40,000
40000
96 Su ccessom Agencyto the Tustin
Co mmunity Redevelopment Agency,
Tax Allocation Refunding Bonds, Seres
2016
Bonds Issued After
12/31/10
9/12016
9/12040
Bondholders via The Bank
of New York Mellon
Refunding for Housing Tax Allocation
Bonds, Senes20lObnd Tax Allocation
Bonds -MCAS Tustin, Series 2010.
Proceeds ofthe Bonds will be applied
to refund the Forney Agency
O bligstions, to purchase a reserve fund
nicipbl bond insurance policy in lieu
of cash funding a reserve fund fol-the
ds and provide fol -the cost of
uing the Bonds.
2,94],913
528912
9 Fiscal Agent Fees - TA Refunding
Bonds 2016
Fees
9/12016
9/12040
The Bank of New York
Mellon
admi nistration of bond activities [paid
nually]
98 Continuing disci osume services &
arbitrage services
Fees
9/12016
9/12040
Applied Best Pmacti Res,
Wiilldan & Assoaates
Continuing disclosure services for 2016
TA refunding bonds and arbitrage
Tustin Last and Final Recognized Obligation Payment Schedule (ROPS) - ROPS Detail
July 1, 2019 through December 31, 2040
(Report Amounts in Whole Dollars)
A B C
D
E
F
G H
CT
CU
CV
CW CX
CV
CZ
DA
Item# Project Name/Debt Obligation obligation Type
Contract/Agree ent
Execution Bate
Contract/Agree ent
Termination Bate
Payee
Bescdpti,,Proiect Scope Project Area
29-3OA Jul -December 29-3OB Janus -June
Fund Sources Fund Sources
Bond Procee ds Other Funds RPTTF AdminRPTTF Bond Proceeds Other Funds RPTTF AdminRPTTF
6810th AmendedA rot for Reimbursement Admin Costs
8/28/2012
6/30/2017
Em to ees fundedb the
Administrative Bud et for em to ee
$ - $ - $ 2 558 913 $ 40,000 - $ 4]8,162 $ 40,000
40000 40000
96 Su ccessor Ag ency to the Tusti n Bonds Issued After
Community Redevelopment Agency, 12/31/10
Tax Allocation Refunding Bonds, Series
2016
9/1/2016
9/12040
Bondholders via The Bank
of New York Mellon
Refunding fortrousing Tax Allocation
Bonds, Series 2010 and Tax Allocation
Bonds - MCAS Tustin, Senes 2010.
Proceeds of the Bonds will be spelled
to refund the Former Agency
obligations, to purchase a reserve fund
nideal bond Insurance sooty In Ileu
of cash funding a reserve fund for the
Bonds and provide forthe costof
lissuing the Bonds.
2558913 4]8,162
97 Fiscal Agent Fees - TA Refunding Fees
Bonds 2016
9/1/2016
9/12040
The Bank of New York
Mellon
administration ofbond activities[paid
nual l y]
98 Continuing disclosure services & Fees
arbitrage services
9/1/2016
9/12040
Applied Best Practices,
Wiilldan & Assoaates
Continuing disclosure services for 2016
TA refunding bonds and arbitrage
Tustin Last and Final Recognized Obligation Payment Schedule (ROPS) - ROPS Detail
July 1, 2019 through December 31, 2040
(Report Amounts in Whole Dollars)
A B
C
D
E
F G
H DB
DC
DD
I DE DF
DG
I DH
DI
Item# Project Nam./D.bt Obligation
Obligation Type
Cornract/Agre. .nt
Execution Date
Cornract/Agre. .nt
Termination Date
Payee D.scnption/Proj.ct Scope
30-31A Jul -December
Fund Sources
Project Area Bond Proceeds Other Funds RPTTF Admin RPTTF Bo Id Proceeds
30-31B(January -June
Fund Sources
Other Funds RPTTF
Admin RPTTF
6810th Amended A mt for Reimb urs. m.nt
Admin Costs
8/28/2012
6/30/2017
Em to ..s funded b the Administrative Bud etfor em to ee
$ 2,608,163 $ 40,000
40000
-
$ 424,912
$ 40,000
40000
96 Su..essorAgencyto the Tustin
Community Redevel element Ag en cy,
Tax Allocation Refunding Bonds, Senes
2 01 6
Bonds Issued After
12/31/10
9/1/2016
9/1/2040
Bondholders via The Bank Refunding forHousing Tax Allo cation
of New York Mellon Bonds, Series 2010 and Tax Allocation
Bonds - MCAS Tustin, Series 2010.
Proceeds of the Bonds will be applied
to refund the Former Agency
Obligations, to purchase a reserve fund
nialeal bond insurance policy in lieu
of cash funding a reserve fund Nrthe
Bonds and provide forthe cost of
iss,ing the Bonds.
2,608,163
424912
97 Fiscal Agent Fees - TA Refunding
Bonds 2016
Fees
9/1/2016
9/1/2040
The Bank of New York administration of bond a ctivities to id
Mellon nually]
98 Continuing disclosure services &
arbitrage services
Fees
9/1/2016
9/1/2040
Applied Best Practi ces, Continuing disclosure services for 2016
V llldan &Associates TA refunding bonds and arbitrage
Tustin Last and Final Recognized Obligation Payment Schedule (ROPS) - ROPS Detail
July 1, 2019 through December 31, 2040
(Report Amounts in Whole Dollars)
A
B
C
D
E
F G
H
DJ
DK
I DL
DM
DN
DQ
DP
DQ
Item#
Project Name/Debt Obligation
Obligation Type
Cornra t/Agreemern
Execution Date
Contract/Agreement
Termination Date
Payee Description/Project Scope
31-32A Jul -December
31-32B(January -June
Fund Sources Fund Sources
Project Area Bond Procee ds Other Funds RPTTF Admin RPTTF Bond Proceeds Other Funds RPTTF
Admin RPTTF
6810th
Amen d,d As m t for Re i m burse mem Admin Costs
8/28/2012
6/30/201]
Em to els fundedb the Administrative Bud et for em toe
$ 2,659913 $ 40,000
40000
- $ - $ 396 975
$ 40,000
40000
96
Successor Agency to the Tustin
Community Redevel 0pment Agency,
Tax Allocation Refunding Bonds, Series
2 01 6
Bonds Issued After
12/31/10
9/1/2016
9/1/2040
Bond hol hers vi a The Bank R efun ding for Housing Tax Allocation
of New York Mellon Bonds, Series 2010 and Tax Allocation
Bonds- M CAS Tustin, Series 2010.
Proceeds of the Bonds will be applied
to refund the Fortner Agency
Obligations, to purchase ua reserve fund
icipal bond insurance policy in lieu
ofcash funding a reserve fund for the
Bonds and provide for the cost of
uing the Bonds.
2,659,913
396 975
97
Fiscal Age nt Fees -TA Refunding
Bonds 2016
Fees
9/1/2016
9/1/2040
The Bank of New York administration of bond activities (paid
Mellon nually]
98
Continuing disclosure services &
arbitrage servioes
Fees
9/1/2016
9/1/2040
Applied Best Pra dices, Continuing disdosme services for 2016
Wilds, &Assodates TA remnding bonds and arbitrage
Tustin Last and Final Recognized Obligation Payment Schedule (ROPS) - ROPS Detail
July 1, 2019 through December 31, 2040
(Report Amounts in Whole Dollars)
A
B
C
D
E
F G
H
DR
DS
DT
DU DV
DW
DX
DV
Item #
Pi-q-tNamefBebt obligation
obfigbi Type
C-t—t/Ag—ment
Execution Bate
ContracvAg�eement
TehMstill Bate
Payee Bescnpti /Pl—q-tScope
32-33A Jul -December
32-33B(January
-June
Fund Sources Fund Sources
Pi-q-tArea Bond Proceeds otherFunds RPTTF Admin RPTTF Bond Proceeds Omer Funds RPTTF
Admin RPTTF
6810th
AmandedA mtfor Reimbursement Ad min Costs
8/28/2012
6/30/201]
Em to ees fundedb the Administrative Bud et f0rem to ee
$ - $ - $ 2,6919]5 $ 40,000
40000
-
$ 351,0]5
$ 40,000
40000
96
Su ccassor Agency to the Tusti n
Community Red evel0pment Agency,
Tax AllOcati,n Refunding Bends, Senes
2 01 6
Bends Issued After
12/31/10
9/1/2016
9/1/2040
BCndh,lders via The Bank Refunding Nr Housing Tax Allo cation
o f New VCrk Mellen Bends, Senes 2010 and Tax AllOcati,n
Bends- MCAS Tustin, Senes 2010.
Proceeds of the Bends will be applied
t0 refund the Fenner Agency
Obligations, to purchase a reserve fund
pal bend insurancepolicy in lieu
Cfucdsh funding a reserve fund for the
Bends and provide far the cost of
uing the Bonds.
2,6919]5
351,0]5
9
Fiscal Agent Fees - TA Refunding
Bends 2016
Fees
9/1/2016
9/1/2040
The Banko f New VCrk administration of bend activities] paid
Mell- nually]
98
n uing disclosure services &
Fenn ice
arbitrage servs
Fees
9/1/2016
9/1/2040
Applied Best Practices, Continuing disd—l-e services for 2016
Willdan&Ass"des TA refunding bends and arbitrage
Tustin Last and Final Recognized Obligation Payment Schedule (ROPS) - ROPS Detail
July 1, 2019 through December 31, 2040
(Report Amounts in Whole Dollars)
A B
C
D
E
F G
H
DZ
EA
I EB
I EC
ED
EE
EF
EG
Item# Project Name/Debt Obligation
Obligation Type
Contract/Agreement
Execution Date
Cone-aot/Agreemern
Termination Date
Payee Descnption/Project Scope
Project Area
33-34A (July -December
33-34B(January -June
Fund Sources Fund Sources
Bond Procee ds Other Funds RPTTF Admin RPTTF Bond Procee ds Other Funds RPTTF
Admin RPTTF
6810th Amended A mt for Reimbu rsement Admin Costs
8/28/2012
6/30/2017
Em to ees funded be the Administrative Bud et foram to ee
$ - $ - $ 2]31,0]5 $ 40,000
40000
- $ - $ 303,4]5
$ 40,000
40000
96 Su ccessor Agencyto the Tustin
Comm a pity Redevelo lament Agency,
Tax Allocation Refunding Bonds, Senes
2016
Bonds Issued After
12/31/10
9/12016
9/1/2040
Bondholders via The Bank Refunding for Housing Tax Allocation
of New Vork Mel to n Bonds, Senes 2010 and Tax Allocati on
Bonds - MCAS Tustin, Senes 2010.
Proceeds ofthe Bonds will be applied
to refund the Forney Agency
Obligations, to purchase a reserve fund
rndlaal bond insurance policy in oeu
of cash funding a reserve fund forthe
Bonds and provide fol- the cost of
ulna the Bonds.
2,]31,0]5
303,4]5
97 Fiscal Agent Fees -TA Refunding
Bonds 2016
Fees
9/12016
9/1/2040
The Bank of New Vork administration of bond activities [paid
Mellonannually]
98 Continui ng disci osure services&
age se, ces
Fees
9/12016
9/1/2040
Applied Best Practices, Continuing disclosure services fol-2016
Vlllman&Assoaates TA refunding bonds and aroitrage
Tustin Last and Final Recognized Obligation Payment Schedule (ROPS) - ROPS Detail
July 1, 2019 through December 31, 2040
(Report Amounts in Whole Dollars)
A B
C
D
E
F G
H EH
EI
EJ
EK
EL
EM
EN
ED
Item# Project Name/Debt Obligation
Obligation Type
ContraafAgreement
Execution Bate
C-t—t/Ag--t
Termination Bate
Payee Bescriptio./Pi-q-t Scope
34-35A Jul -December
Fund Sources
Project Area Bond Procee ds Other Funds RPTTF Admin RPTTF
34-35B (January -June
Fund Sources
Bond Pm...ds Other Funds RPTTF
Admin RPTTF
6810th Ame.dedA mt for Reimbursement
Admin Costs
8/28/2012
6/30/2017
Em to ees fundedb the Administrative Bud et for em to ee
$ - $ - $ 2]88,4]5 $ 40,000
40000
- $
253 775
$ 40,000
40000
96 Successor Ag ally to the Tustin
Community Redevelopment Agency,
Tax Allocation Refunding Bonds, Series
2 01 6
Bonds Issued After
12/31/10
9/1/2016
9/1/2040
Bondholders via The Bank Refunding for Housing Tax Allocation
of New York Mellon Bonds, Sehes2010a.d Tax Allocation
Bonds- MCAS Tustin, Series 2010.
Proceeds of the Bonds will be applied
to refund the Former Agency
Obligations, to purchase a reserve fund
niapal bond insurance policy in lieu
ofcash fundinga reserve fund fol -the
Bonds and provide fol -the cost of
uin9 the Bonds.
2]88,4]5
253 775
97 Fiscal Ag e.t Fees -TA Refunding
Bonds 2016
Fees
9/1/2016
9/1/2040
The Bank of New York a dmi.istrati on of bond activities [paid
Mellon ..ally]
98 Continuing disclosure services &
aroitrage se—es
Fees
9/1/2016
9/1/2040
Applied Best Practices; Continuing disdosure services for 2016
Wild. &Assodates TA refunding boThe and ddbtrage
Tustin Last and Final Recognized Obligation Payment Schedule (ROPS) - ROPS Detail
July 1, 2019 through December 31, 2040
(Report Amounts in Whole Dollars)
A B C D
E F
G
H
EP
EQ
I ER
ES
ET
EU
EV
EW
Cone-aot/Agmeemern
Item# Project Name/Debt Obligation Obligation Type Execution Date
Cornmot/ggmee ant
Termination Date Payee
Descnption/Pmoject Scope
Project Area
35-36A Jul -December
35-36B(January -June
Fund Sources
Fund Sources
Bond Pmocee ds Other Funds RPTTF Admin RPTTF
Bond Procee ds Other Funds RPTTF Admin RPTTF
6810th Am ended A mt for Reimbu-sem ant Adm in Costs 8/28/2012
6/30/2017 Em to ees fi,nded be the
Administrative Bud et foram to ee
$ - $ - $ 2,828]]5 $ 40,000
40000
$ - $ 202 275 $ 40,000
40000
96 Su ccessom Agencyto the Tustin Bonds Issued After 9/12016
Community Re develo pment Agency, 12/31/10
Tax Allocation Refunding Bonds, Senes
2016
9/12040 Bondholders via The Bank
of New Vo -k Mellon
Refunding for Housing Tax Allocation
Bonds, Series 2010 and Tax Allocation
Bonds -MCAS Tustin, Series 2010.
Proceeds ofthe Bonds will be applied
to refund the Forney Agency
Obligations, to purchase a reserve fund
rndpal bond insurance policy in oeu
of cash funding a reserve fund forthe
Bonds and provide fol- the cost of
iss,ing the Bonds.
2,828 ]]5
202 275
97 Fiscal Agent Fees - TA Refunding Fees 9/12016
Bonds 2016
9/12040 The Bank of New Vo -k
Mellon
administration of bond activities to id
nually]
98 Continuing disci osservices & Fees 9/12016
aroitmge semmes
9/12040 Applied Best Practices,
wilman &,�soaates
Continuing disclosure services for 2016
TA �emnding bonds and aroitmge
Tustin Last and Final Recognized Obligation Payment Schedule (ROPS) - ROPS Detail
July 1, 2019 through December 31, 2040
(Report Amounts in Whole Dollars)
A B
C
D
E
F G
H
EX
EV
EZ
FA
FB
FC
FD
FE
Item# Project Name/Debt Obligation
Obligation Type
Contract/Agreement
Execution Date
Cone-aot/Agreemern
Termination Date
Payee Descnption/Project Scope
Project Area
36-37A (July -December
36-37B(January -June
Fund Sources Fund Sources
Bond Procee ds Other Funds RPTTF Admin RPTTF Bond Procee ds Other Funds RPTTF
Admin RPTTF
6810th Amended A mt for Reimbu rsement Admin Costs
8/28/2012
6/30/2017
Em to ees funded be the Administrative Bud et foram to ee
$ - $ - $ 2,887275
$ 40,000
40000
- $ - $ 162,000
$ 40,000
40000
96 Su ccessor Agencyto the Tustin
Comm a pity Redevelo lament Agency,
Tax Allocation Refunding Bonds, Senes
2016
Bonds Issued After
12/31/10
9/12016
9/1/2040
Bondholders via The Bank Refunding for Housing Tax Allocation
of New Vork Mel to n Bonds, Senes 2010 and Tax Allocati on
Bonds - MCAS Tustin, Senes 2010.
Proceeds ofthe Bonds will be applied
to refund the Forney Agency
Obligations, to purchase a reserve fund
rndlaal bond insurance policy in oeu
of cash funding a reserve fund forthe
Bonds and provide fol- the cost of
ulna the Bonds.
2,887275
162,000
97 Fiscal Agent Fees -TA Refunding
Bonds 2016
Fees
9/12016
9/1/2040
The Bank of New Vork administration of bond activities [paid
Mellonannually]
98 Continui ng disci osure services&
age se, ces
Fees
9/12016
9/1/2040
Applied Best Practices, Continuing disclosure services fol-2016
Vlllman&Assoaates TA refunding bonds and aroitrage
Tustin Last and Final Recognized Obligation Payment Schedule (ROPS) - ROPS Detail
July 1, 2019 through December 31, 2040
(Report Amounts in Whole Dollars)
A B
C
D
E
F G H
FF
FG
FH
R FJ
FK
FL
FM
Item# Pro]-ct Name/Debt obligation
obligation Typo
Cornract/Agr-- -nt
E .... do, Edo.
Cornract/Agr..m.rn
Termination Bate
Pay.. D.scdpfion/Pro]-ctScope Pro]-ctAr-a
37-38A Jul -December
Fund Sources
Bond Proceeds 0th-rFunds RPTTF AdminRPTTF Bond Procee ds
37-38B(January -June
Fund Sources
0th-rFunds RPTTF
AdminRPTTF
6810th Am-nd-dA mtfor R-imburs-m-nt
Admin Costs
8/28/2012
6/30/2017
Em to ees fund -db the Administrative Bud et for em to ees
$ - $ - $ 2922,000 $ 40,000
40000
- $ 120,600
$ 40,000
40000
96 SuccessorAgency to the Tustin
Community Redevelopment Agency,
Tax Allocation Refunding Bonds, Series
2 01 6
Bonds Issued After
12/31/10
9/1/2016
9/1/2040
Bondholders via The Bank Refunding forHousing Tax Allocation
of New Vork Mellon Bonds, Series 2010 and Tax Allocation
Bonds - MCAS Tustin, Series 2010.
Proceeds of the Bonds will be applied
to refund the Forney Agency
Obligations, to purchase a reserve fund
niapal bond insurance policy in lieu
of cash funding a reserve fund forth -
Bonds and provide forth. cost of
uing the Bonds.
2922,000
120,600
97 Fiscal Agent Fees - TA Refunding
Bonds 2016
Fees
9/1/2016
9/1/2040
The Bank of New Vork admi nistrati on of bond activities [paid
Mellon nually]
98Continuing disdosur-services&
aroitrag. s.mic-s
Fees
9/1/2016
9/1/2040
Applied Best Practices, Continuing disclosure services for 2016
Wild n &Assodat-s TA r-mnding bonds and aroitrag.
Tustin Last and Final Recognized Obligation Payment Schedule (ROPS) - ROPS Detail
July 1, 2019 through December 31, 2040
(Report Amounts in Whole Dollars)
A B C
D
E F
G
H
FN
FO
I FP
I FQ FR
FS
FT
FU
Item# Proiect Name/Debt obligation Obllgst—Type
C"t-sot/Agreemern
Execution Bate
C-t—t/Ag--t
Termination Bate Payee
Bescdptlo./Pro]ect Scope
Proiect Area
38-39A Jul -December 38-39B (January -June
Fund Sources Fund Sources
Bond Procee ds OtherFu.ds RPTTF AdminRPTTF Bond Procee ds otherFunds RPTTF AdminRPTTF
6810th Ame.dedA mt for Reimbursement Admin Costs
8/28/2012
6/30/2017 Em to ees fundedb the
Administrative Bud et foram to ee
$ - $ - $ 2965,600 $ 40,000 $ 77 925 $ 40,000
40000 40000
96 Su..essor Age.cyto the Tustin Bonds Issued After
Comm a pity Re devel o pme.t Agency, 12/31/10
Tax Allocation Refunding Bonds, Series
2016
9/12016
9/1/2040 Bondholders via The Bank
of New York Mellon
Refunding for Housing Tax Allocation
Bonds, Series 2010 and Tax Allocation
Bonds - MCAS Tustin, Series 2010.
Proceeds ofthe Bonds will be applied
to refund the Fore er Agency
Obligations, to purchase a reserve fund
nici pal bond insurance policy in lieu
of cash funding a reserve fund forthe
Bonds and provide fol -the cost of
ui.g the Bonds.
2,965,600 77 925
9 Fiscal Agent Fees -TA Refunding Fees
Bonds 2016
9/12016
9/1/2040 The Bank of New York
Mellon
administration of bond activities [paid
..ally]
98 Continuing disclosure services& Fees
aroitmge semmes
9/12016
9/1/2040 Applied Best Practices,
Wilma. &,�soaates
Continuing disclosure services for2016
T=.di.g bods a.d aroitmge
Tustin Last and Final Recognized Obligation Payment Schedule (ROPS) - ROPS Detail
July 1, 2019 through December 31, 2040
(Report Amounts in Whole Dollars)
A
B
C
D
E
F
G
H
FV
FW
I FX
I FV
FZ
GA
I GB
I GC
Item#
Project Name/Debt Obligation
Obligation Type
Cont—tAg—ment
Execution Date
Cono-aot/Agreemern
Ten still Date
Payee
Descnptlon/ProJBct Scope
Project Area
3940A Jul -December
39406(January -June
Fund Sources Fund Sources
Bond Procee as Other Funds RPTTF Admin RPTTF Bond Procee as Other Funds RPTTF
I Admin RPTTF
6810th
AmendedA mt Nr Reimbursement Admin Costs
8/28/2012
6/30/201]
Em to ees fundedb the
Administrative Bud etforem to ee
$ - $ - $ 3,002925 $ 40,000
40000
$ $ 34,050
$ 40,000
40000
96
SuccessorAgency to the Tustin
Community Redevel opment Agency,
Tax Allocation Refunding Bonds, Senes
2016
Bonds Issued After
12/31/10
9/1/2016
9/1/2040
Bondholders via The Bank
of New York Mellon
Rent ding forHousing Tax Allocation
Bonds, Senes 2010 and Tax Allocation
Bonds - MCAS Tustin, Senes 2010.
Proceeds ofthe Bonds will be applied
to refund the Former Agency
Obligations, to purchase a reserve fund
pal bond insurance policy in lieu
ofashfunding a reserve fund fol -the
Bonds and provide fol- the cost of
ui ng the Bonds.
3,002,925
34,050
9]
Fiscal Agent Fees -TA Refunding
Bonds 2016
Fees
9/1/2016
9/1/2040
The Bank of New York
Mellon
administration of bond activities [paid
nually]
98
Continuing disclosure services &
al-bit-age services
Fees
9/1/2016
9/1/2040
Applied Best Practices,
Willdan&Associates
Continuing disclosure services fol-2016
TA refunding bonds and aroitrage
Tustin Last and Final Recognized Obligation Payment Schedule (ROPS) - ROPS Detail
July 1, 2019 through December 31, 2040
(Report Amounts in Whole Dollars)
A
B
C
D
E
F G
H GD
GE
GF
GGtBd
GI
GJ
GK
Item#
Project Name/Debt Obligation
Obligation Type
cornraa/Agreemern
Execution Bate
cornraa/Agroemern
Termination Bate
Payee Bescnpti ePi—q-t Scope
4041A Jul -December
40416 (January -June
Fund Sources
Fund Sources
Project Area Bond Proceeds Other Funds RPTTF Admin RPTTFeds
Other Funds RPTTF AdminRPTTF
6810thAmendedA
mtforReimbursement Ad minCosts28/202
6/30/201]
Em to ees fundedb the Administrative Bud etLrem to ees
$ - $ - $ 2304,050 $ 40,00
4000
- $
96
Successor Agency to the Tustin
Community Redevel opment Agency,
Tax Allocation Refunding Bonds, Series
2 01 6
Bonds Issued After
12/31/10
9/1/2016
9/1/2040
Bondholders via The Bank Refunding Nr Housing Tax Allo cation
o f New Vork Mellon Bonds, Senes 2010 and Tax Allocation
Bonds- M CAS Tustin, Sense 2010.
Proceeds of the Bonds will be applied
to refund the Forney Agency
Obligations, to purchase a reserve fund
uicipal bond insurance policy in lieu
ofcash funding a reserve fund fol -the
Bonds andprovide fey the cost of
uing the Bonds.
2304,050
97
Fiscal Age nt Fees -TA Refunding
Bonds 2016
Fees
9/1/2016
9/1/2040
The Bank of New Vork administration of bond activities (paid
Mellon nually]
98
Continuing disclosure services &
di¢ragese—es
Fees
9/1/2016
9/1/2040
Applied Best Practices, Continuing disdosure services for 2016
Wlman&Ass—stes TA refunding bonds and aro¢rage