Loading...
HomeMy WebLinkAboutOB_2014-02-24_AgendaPacket OVERSIGHT BOARD FOR SUCCESSOR AGENCY TO THE COMMUNITY REDEVELOPMENT AGENCY OF ATASCADERO FOR REDEVELOPMENT AND HOUSING PURPOSES1 SPECIAL MEETING AGENDA Monday, February 24, 2014 2:30 P.M. Atascadero City Hall, Conference Room 106 6500 Palma Avenue Atascadero, California CALL TO ORDER: ROLL CALL: Chairperson Fonzi Vice Chairperson Jarvis Board Member Rickard Board Member Arnold Board Member Weathers Board Member Sommer Board Member Clemens PUBLIC COMMENT: (This portion of the meeting is reserved for persons wanting to address the Board on any matter not on this agenda and over which the Board has jurisdiction. Speakers are limited to three minutes. Please state your name for the record before making your presentation. The Board may take action to direct the staff to place a matter of business on a future agenda. A maximum of 30 minutes will be allowed for Public Comment, unless changed by the Board.) 1 On January 10, 2012, the Atascadero City Council adopted Resolution No. 2012-002, electing to serve as the successor to the Community Redevelopment Agency of Atascadero for redevelopment purposes, and also elected to retain the housing assets and functions previously performed by the Communi ty Redevelopment Agency of Atascadero. A. CONSENT AGENDA: 1. Oversight Board Special Meeting Draft Action Minutes – September 26, 2013  Recommendation: Board approve the Oversight Board Special Meeting Draft Action Minutes of September 26, 2013. B. BUSINESS ITEMS: 1. Approval of Recognized Obligation Payment Schedule 14-15A July 1, 2014 – December 31, 2014  Fiscal Impact: None for this action  Recommendation: Oversight Board adopt Draft Resolution approving Recognized Obligation Payment Schedule (ROPS) for the period of July 1, 2014 through December 31, 2014 (ROPS 14 -15A), including the Administrative Budget, pursuant to Health and Safety Code. [Administrative Services] 2. Long-Range Property Management Plan Acknowledgment and Transfer Ownership of Improvements and Personal Property to City of Atascadero  Fiscal Impact: None for this action Recommendation: Oversight Board: 1. Acknowledge and concur with the State Department of Finance response to the Long-Range Property Management Plan; and, 2. Approve Draft Resolution ordering the transfer to the City of Atascadero of title to the improvements a nd personal property previously identified on the Long-Range Property Management Plan Property as No. 3, Property No. 5, Property No. 6, Property No. 7, and Property No. 8. [Administrative Services] C. BOARD MEMBER COMMENTS: D. ADJOURNMENT: In compliance with the Americans with Disabilities Act, if you need special assistance to participate in an Oversight Board meeting, please contact the City Clerk’s Office at (805) 470-3400. Notification at least 48 hours prior to the meeting or time when services are needed will assist the City staff in assuring that reasonable arrangements can be made to provide accessibility to the meeting. ITEM NUMBER: OB A-1 DATE: 02-24-14 Atascadero Oversight Board September 26, 2013 Page 1 of 3 OVERSIGHT BOARD FOR SUCCESSOR AGENCY TO THE COMMUNITY REDEVELOPMENT AGENCY OF ATASCADERO FOR REDEVELOPMENT AND HOUSING PURPOSES1 SPECIAL MEETING DRAFT ACTION MINUTES Thursday, September 26, 2013 3:00 P.M. Atascadero City Hall, Conference Room 106 6500 Palma Avenue Atascadero, California CALL TO ORDER: Chairperson Fonzi called the meeting to order at 3:05 p.m. ROLL CALL: Present: Board Members Rickard, Clemens, Arnold, Weathers, Vice Chairperson Jarvis and Chairperson Fonzi Absent: Board Member Sommer Staff Present: Administrative Services Director Jeri Rangel, and City Clerk/Assistant to the City Manager Marcia McClure Torgerson. 1 On January 10, 2012, the Atascadero City Council adopted Resolution No. 2012-002, electing to serve as the successor to the Community Redevelopment Agency of Atascadero for redevelopment purposes, and also elected to retain the housing assets and functions previously performed by the Community Redevelopment Agency of Atascadero. ITEM NUMBER: OB A-1 DATE: 02-24-14 Atascadero Oversight Board September 26, 2013 Page 2 of 3 APPROVAL OF AGENDA: MOTION: By Board Member Jarvis and seconded by Board Member Arnold to approve the agenda. Motion passed 6:0 by a voice vote. PUBLIC COMMENT: None A. CONSENT AGENDA: 1. Oversight Board Special Meeting Draft Action Minutes – July 18, 2013  Recommendation: Board approve the Oversight Board Special Meeting Draft Action Minutes of July 18, 2013. MOTION: By Board Member Clemens and seconded by Board Member Rickard to approve the Consent Calendar. Motion passed 6:0 by a voice vote. B. BUSINESS ITEMS: 1. Approval of Recognized Obligation Payment Schedule 13-14B January 1, 2014 – June 30, 2014  Fiscal Impact: None for this action  Recommendation: Board adopt Draft Resolution approving Recognized Obligation Payment Schedule (ROPS) for the period of January 1, 2014 through June 30, 2014 (ROPS 13-14B), including the Administrative Budget, pursuant to Health and Safety Code. [Administrative Services] Administrative Services Director Jeri Rangel gave the staff report and answered questions from the Board. PUBLIC COMMENT: None MOTION: By Board Member Rickard and seconded by Board Member Weathers to adopt Draft Resolution approving Recognized Obligation Payment Schedule (ROPS) for the period of January 1, 2014 through June 30, 2014 (ROPS 13-14B), including the Administrative Budget, pursuant to Health and Safety Code. Motion passed 6:0 by a roll-call vote. (Resolution No. 2013- 003) ITEM NUMBER: OB A-1 DATE: 02-24-14 Atascadero Oversight Board September 26, 2013 Page 3 of 3 C. BOARD MEMBER COMMENTS: There was Board consensus to cancel their next regularly meeting on October 17, 2013. D. ADJOURNMENT: Chairperson Fonzi adjourned the meeting at 3:16 p.m. MINUTES PREPARED BY: ______________________________________ Marcia McClure Torgerson, C.M.C. City Clerk / Assistant to the City Manager ITEM NUMBER: OB B-1 DATE: 02-24-14 Oversight Board for Successor Agency to the Community Redevelopment Agency of Atascadero Staff Report – Administrative Services Approval of Recognized Obligation Payment Schedule 14-15A July 1, 2014 – December 31, 2014 RECOMMENDATION: Oversight Board adopt Draft Resolution, approving Recognized Obligation Payment Schedule (ROPS) for the period of July 1, 2014 through December 31, 2014 (ROPS 14- 15A), including the Administrative Budget, pursuant to Health and Safety Code. DISCUSSION: On December 29, 2011, the California Supreme Court delivered its decision in the California Redevelopment Association v. Matosantos case. The decision upheld AB1x 26, the Dissolution Act, and found AB1x 27, the Alternative Redevelopment Program Act, unconstitutional. AB1x 26 dissolved the Redevelopment Agency as of February 1, 2012, the new dissolution date established by the Supreme Court. AB 1484 was signed by the Governor on June 27, 2012 and further changed the process for dissolving redevelopment agencies. Under the redevelopment dissolution legislation, the Successor Agency must submit a Recognized Obligation Payment Schedule (ROPS) on March 1 and October 1 of each year. The Successor Agency must report all expected obligations for the six month period starting the following July (March 1 report) or January (October 1 report). In addition the Successor Agency must report all actual activity for the prior six month period ending in December (March 1 report) or June (October 1 report). The attached ROPS covers the period of July 1, 2014 through December 31, 2014, and because it covers the first half of the fiscal year 2014-2015, it is referred to as ROPS 14-15A. ABx1 26 provides an administrative Budget for the successor agencies to carry out wind-down activities of the former redevelopment agencies and to administer the Oversight Board. This legislation requires the successor agencies to prepare an administrative budget every six m onths to be included with the ROPS. ITEM NUMBER: OB B-1 DATE: 02-24-14 ABx1 26 34171 (b) states: “Administrative cost allowance” means an amount that, subject to the approval of the oversight board, is payable from property tax revenues of up to 5 percent of the property tax allocated to the successor agency for the 2011-2012 fiscal year and up to 3 percent of the property tax allocated to the Redevelopment Obligation Retirement Fund money that is allocated to the successor agency for each fiscal year thereafter; provided, however that the amount shall not be less than two hundred fifty thousand dollars ($250,000) for any fiscal year or such lesser amount as agreed to by the successor agency. However, the allowance amount shall exclude any administrative costs that can be paid from bond proceeds or from sources other than property tax. An administrative allowance of $125,000 ($250,000 / 2) is proposed for the period July 1, 2014 through December 31, 2014. The Successor Agency will use the administrative costs, such as staff time, to carry out the Successor Agency and Oversight Board activities, printing and publication expenses, liability insurance, technology and website support, special legal costs, training, audit services and general overhead. The Draft ROPS 14-15A estimates that $977,167 in Redevelopment Property Tax Trust Fund (RPTTF) funding will be needed for the July 1, 2014 – December 31, 2014 period. Once the Oversight Board reviews and approves the Draft ROPS, it will then be submitted to the DOF for review and approval. The DOF will have 45 days to review the ROPS and to object to items that do not meet the definition of an Enforceable Obligation. FISCAL IMPACT: None for this action. The purpose of approving the Draft Recognized Obligation Schedules is to ensure that the City acting as Successor Agency will be able to make certain payments for obligations of the former RDA. ATTACHMENTS: 1. Draft Resolution approving Recognized Obligation Payment Schedule (ROPS) for the period of July 1, 2014 through December 31, 2014, with the Draft Recognized Obligation Payment Schedule (ROPS 14-15A) for the period of July 1, 2014 through December 31, 2014, attached as Exhibit A 2. Successor Agency Proposed Administrative Allowance Budget - July 1, 2014 through December 31, 2014 ITEM NUMBER: OB B-1 DATE: 02-24-14 ATTACHMENT: 1 1 DRAFT RESOLUTION RESOLUTION OF THE OVERSIGHT BOARD FOR SUCCESSOR AGENCY TO THE COMMUNITY REDEVELOPMENT AGENCY OF ATASCADERO, APPROVING THE RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR JULY 1, 2014 – DECEMBER 31, 2014 (ROPS 14-15A) PURSUANT TO SECTION 34177 OF THE CALIFORNIA HEALTH AND SAFETY CODE WHEREAS, pursuant to Section 34177(l) and (m) of the California Health and Safety Code, the City Council of the City of Atascadero, as Successor Agency to the Community Redevelopment Agency of Atascadero (“Successor Agency”), has prepared a proposed Recognized Obligation Payment Schedule for the period of July 1, 2014 through December 31, 2014 (ROPS 14-15A), for purposes of submission to the Oversight Board of the Successor Agency for approval, the State Department of Finance (“DOF”), the San Luis Obispo County Administrative Officer (“County Administrative Officer”), and the San Luis Obispo County Auditor-Controller (“County Auditor”); and WHEREAS, the Oversight Board of the Successor Agency to the Community Redevelopment Agency of Atascadero has reviewed the proposed Recognized Obligation Payment Schedule for the period of July 1, 2014 through December 31, 2014 (ROPS 14-15A), for purposes of submission the DOF, the County Administrative Officer, and the County Auditor; NOW, THEREFORE, BE IT RESOLVED by the Oversight Board of the Successor Agency to the Community Redevelopment Agency of Atascadero as follows: Section 1. The Oversight Board hereby approves the proposed Recognized Obligation Payment Schedule for July 1, 2014 through December 31, 2014, attached hereto as Exhibit A (“ROPS 14-15A”). Section 2. The City Manager is hereby directed to submit the approved ROPS 14-15A to DOF, the County Administrative Officer, and the County Auditor, and to take any other actions that may be required in order to obtain DOF approval of the ROPS 14-15A, including, without limitation, making amendments to the ROPS 14-15A required by the DOF. PASSED AND ADOPTED by the Oversight Board of the Successor Agency to the Community Redevelopment Agency of Atascadero on the 24th day of February 2014, by the following vote: AYES: NOES: ABSENT: ITEM NUMBER: OB B-1 DATE: 02-24-14 ATTACHMENT: 1 2 ADOPTED: OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE COMMUNITY REDEVELOPMENT AGENCY OF ATASCADERO By: ________________________________ Roberta Fonzi, Chairperson ATTEST: ___________________________________ Marcia McClure Torgerson, Board Secretary Name of Successor Agency:Atascadero Name of County:San Luis Obispo Current Period Requested Funding for Outstanding Debt or Obligation A 1,195,611$ B 4,200,000 C 587,011 D (3,591,400) E 977,167$ F 852,167 G 125,000 H Current Period Enforceable Obligations (A+E):2,172,778$ Successor Agency Self-Reported Prior Period Adjustment to Current Period RPTTF Requested Funding I Enforceable Obligations funded with RPTTF (E):977,167 J (4,381) K 972,787$ County Auditor Controller Reported Prior Period Adjustment to Current Period RPTTF Requested Funding L Enforceable Obligations funded with RPTTF (E):977,167 M - N 977,167 Name Title /s/ Signature Date Recognized Obligation Payment Schedule (ROPS 14-15A) - Summary Filed for the July 1, 2014 through December 31, 2014 Period Enforceable Obligations Funded with Non-Redevelopment Property Tax Trust Fund (RPTTF) Funding Sources (B+C+D): Non-Administrative Costs (ROPS Detail) Enforceable Obligations Funded with RPTTF Funding (F+G): Bond Proceeds Funding (ROPS Detail) Reserve Balance Funding (ROPS Detail) Other Funding (ROPS Detail) Six-Month Total Administrative Costs (ROPS Detail) Less Prior Period Adjustment (Report of Prior Period Adjustments Column S) Adjusted Current Period RPTTF Requested Funding (I-J) Less Prior Period Adjustment (Report of Prior Period Adjustments Column AA) Adjusted Current Period RPTTF Requested Funding (L-M) 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 Obligation Payment Schedule for the above named agency. ITEM NUMBER: OB B-1 DATE: 2-24-14 ATTACHMENT: 1 EXHIBIT: A A B C D E F G H I J K L M N O P Bond Proceeds Reserve Balance Other Funds Non-Admin Admin 53,999,372$ 4,200,000$ 587,011$ (3,591,400)$ 852,167$ 125,000$ 2,172,778$ 1 2010 Reimbursement/ Bond Bonds Issued On or 9/1/2010 10/1/2040 City of Atascadero (then Debt Service on 2010 Bonds Atascadero #1 31,066,181 N 592,256 $ 592,256 2 2010 Reimbursement/ Bond Financing agreement with City of Atascadero Bonds Issued On or Before 12/31/10 9/1/2010 10/1/2040 City of Atascadero (then passed through to BNY) Trustee services for the life of the 2010 Bonds Atascadero #1 59,400 N 2,000 $ 2,000 3 2004/2005 Redevelopment Bonds Bonds Issued On or Before 12/31/10 11/1/2004 9/1/2034 Bank of New York Mellon Debt Service on 2004/2005 Bonds Atascadero #1 18,425,916 N 587,011 255,511 $ 842,522 5 2004/2005 Redevelopment Bonds Bonds Issued On or Before 12/31/10 11/1/2004 9/1/2034 Bank of New York Mellon Trustee services for the life of the 2004/2005 Bonds Atascadero #1 56,700 N 2,400 $ 2,400 6 City Loan #1 entered into in 1998 City/County Loans On or Before 6/27/11 11/1/1998 1/1/2099 City of Atascadero Loan for Start-up costs Atascadero #1 155,175 N 7 City Loan #2 entered into in 2001 City/County Loans On or Before 6/27/11 6/28/2001 1/1/2099 City of Atascadero Revolving Loan Atascadero #1 500,000 N 8 City Loan #3 entered into in 2002 Dissolution Audits 6/12/2002 1/1/2099 City of Atascadero Loan for purchase of building housing an adult store Atascadero #1 720,000 N 10 Administration Allowance Admin Costs 1/1/2014 6/30/2014 City of Atascadero Administrative expenses for successor agency in accordance with AB1X26 through June 2016 including - office expense, postage, legal notices, computer costs, phone costs, operations, professional development, direct staff time, general overhead Atascadero #1 2,200,000 N 125,000 $ 125,000 11 Colony Square Conditions, Covenants and Restrictions Property Maintenance 6/10/2008 1/1/2099 Colony Square, LLC Contract for required participation in maintenance of common areas for Colony Square (estimated cost is listed for 3 years, however required as long as RDA owns the lot) Atascadero #1 50,000 N 10,000 $ 10,000 12 Maintenance of Creekside Building Property Maintenance 2/23/2010 1/1/2099 Various vendors Maintenance of Creekside Building in accordance with market rate lease agreement with City. City leases building from RDA for $31,133 a month. Lease ends 6/30/13. Atascadero #1 300,000 N 32,600 $ 32,600 16 Maiden Statue Project Improvement/Infrastr ucture 3/20/2007 10/31/2013 Ethos Contract for completion of restoration of historic marble statue Atascadero #1 - Y $ - 17 Maiden Statue Project Improvement/Infrastr ucture 8/28/2012 6/30/2014 Bob's crane Transportation costs to move Maiden Statues back from Ethos to the City and to place the statues Atascadero #1 - N $ - 18 Maiden Statue Project Improvement/Infrastr ucture 7/28/2005 6/30/2014 City of Atascadero Staff time associated with managing Maiden Statue Project Atascadero #1 - N $ - 19 Historic City Hall Earthquake Repair/Rehab Project Improvement/Infrastr ucture 1/11/2011 1/1/2099 Earth Systems Pacific Contract for deputy inspection services Atascadero #1 - N $ - 20 Historic City Hall Earthquake Repair/Rehab Project Improvement/Infrastr ucture 10/27/2010 1/1/2099 Rossi & Carr Contract for Basement Electrical and Temporary Power Atascadero #1 - N $ - 21 Historic City Hall Earthquake Repair/Rehab Project Improvement/Infrastr ucture 4/12/2011 12/31/2012 Wysong Construction Concrete pile work and other basement structural work construction contractor Atascadero #1 - N $ - Recognized Obligation Payment Schedule (ROPS) 14-15A - ROPS Detail July 1, 2014 through December 31, 2014 (Report Amounts in Whole Dollars) Item #Payee Description/Project Scope Project Area Total Outstanding Debt or Obligation Retired Funding Source Six-Month TotalProject Name / Debt Obligation Obligation Type Contract/Agreement Execution Date RPTTF Non-Redevelopment Property Tax Trust Fund (Non-RPTTF) Contract/Agreement Termination Date ITEM NUMBER: OB B-1 DATE: 2-24-14 ATTACHMENT: 1 EXHIBIT: A A B C D E F G H I J K L M N O P Bond Proceeds Reserve Balance Other Funds Non-Admin Admin Recognized Obligation Payment Schedule (ROPS) 14-15A - ROPS Detail July 1, 2014 through December 31, 2014 (Report Amounts in Whole Dollars) Item #Payee Description/Project Scope Project Area Total Outstanding Debt or Obligation Retired Funding Source Six-Month TotalProject Name / Debt Obligation Obligation Type Contract/Agreement Execution Date RPTTF Non-Redevelopment Property Tax Trust Fund (Non-RPTTF) Contract/Agreement Termination Date 22 Historic City Hall Earthquake Repair/Rehab Project Improvement/Infrastr ucture 6/15/2011 1/1/2099 Diani Building Corp Contract for repair of historical fabric / structure construction contract Atascadero #1 - N $ - 23 Historic City Hall Earthquake Repair/Rehab Project Improvement/Infrastr ucture 6/28/2011 1/1/2099 Golden State Steel Contract for Structural Steel and Misc. Metals Construction Contract Atascadero #1 N 24 Historic City Hall Earthquake Repair/Rehab Project Improvement/Infrastr ucture 6/15/2011 1/1/2099 Diani Building Corp Contract for Rough Carpentry Construction Atascadero #1 - N $ - 25 Historic City Hall Earthquake Repair/Rehab Project Improvement/Infrastr ucture 4/30/2007 1/1/2099 not yet awarded CEQA / NEPA required mitigation measure for repairing landscaping after construction and ADA/downtown streetscape sidewalk work Atascadero #1 N 26 Historic City Hall Earthquake Repair/Rehab Project Improvement/Infrastr ucture 6/15/2011 1/1/2099 Republic Elevator Contract for Elevator Construction Atascadero #1 - N $ - 27 Historic City Hall Earthquake Repair/Rehab Project Improvement/Infrastr ucture 6/15/2011 1/1/2099 Alpha Fire Sprinkler Contract for Fire Sprinkler Construction Atascadero #1 - N $ - 28 Historic City Hall Earthquake Repair/Rehab Project Improvement/Infrastr ucture 6/15/2011 1/1/2099 Scott Murray Plumbing Contract for Plumbing Construction Atascadero #1 - N $ - 29 Historic City Hall Earthquake Repair/Rehab Project Improvement/Infrastr ucture 6/15/2011 1/1/2099 Santa Margarita Construction Contract for HVAC Construction Atascadero #1 - N $ - 30 Historic City Hall Earthquake Repair/Rehab Project Improvement/Infrastr ucture 6/28/2011 1/1/2099 Taft Electrical Contract for Electrical Construction Atascadero #1 N 31 Historic City Hall Earthquake Repair/Rehab Project Improvement/Infrastr ucture 11/5/2010 1/1/2099 Harvey's Honey Huts Contract for Rental of Portable Toilets for construction workers Atascadero #1 - N $ - 32 Historic City Hall Earthquake Repair/Rehab Project Improvement/Infrastr ucture 1/1/2014 1/1/2099 various contractors Construction costs for other general conditions such as barricades, striping, on-site traffic control, SWPP measures, construction trailer expenses, temporary utilities, signage, road and site repair Atascadero #1 - N $ - 34 Historic City Hall Repair & Rehabilitation Project Improvement/Infrastr ucture 7/9/2008 1/1/2099 Pfeiffer Partners Contract for Architecture and Engineering Services for Project (Phase 1 & 2) Atascadero #1 - N $ - 35 Historic City Hall Repair & Rehabilitation Project Improvement/Infrastr ucture 6/23/2010 1/1/2099 Pfeiffer Partners Contract for Architecture and Engineering Services for Project (Phase 3) Atascadero #1 - N $ - 36 Historic City Hall Repair & Rehabilitation Project Improvement/Infrastr ucture 4/27/2010 1/1/2099 Bernards Contract for Construction Management Services Atascadero #1 - N $ - 37 Historic City Hall Earthquake Repair/Rehab Project Improvement/Infrastr ucture 12/22/2003 1/1/2099 City of Atascadero Project staff time in accordance with City practice of charging projects for direct costs for project management Atascadero #1 - N $ - 38 Historic City Hall Earthquake Repair/Rehab Project Improvement/Infrastr ucture 8/14/2008 1/1/2099 California Code Check Contract plan checking service for Historic City Hall Earthquake Project Atascadero #1 - N $ - 39 Historic City Hall Earthquake Repair/Rehab Project Improvement/Infrastr ucture 12/22/2003 1/1/2099 City of Atascadero Permitting (other than California Code Check) costs for project including tree removal fees Atascadero #1 - N $ - 40 Historic City Hall Repair & Rehabilitation Project Improvement/Infrastr ucture 3/23/2010 1/1/2099 Millennium Consulting Contract for hazardous materials testing and monitoring Atascadero #1 - N $ - ITEM NUMBER: OB B-1 DATE: 2-24-14 ATTACHMENT: 1 EXHIBIT: A A B C D E F G H I J K L M N O P Bond Proceeds Reserve Balance Other Funds Non-Admin Admin Recognized Obligation Payment Schedule (ROPS) 14-15A - ROPS Detail July 1, 2014 through December 31, 2014 (Report Amounts in Whole Dollars) Item #Payee Description/Project Scope Project Area Total Outstanding Debt or Obligation Retired Funding Source Six-Month TotalProject Name / Debt Obligation Obligation Type Contract/Agreement Execution Date RPTTF Non-Redevelopment Property Tax Trust Fund (Non-RPTTF) Contract/Agreement Termination Date 41 Historic City Hall Earthquake Repair/Rehab Project Improvement/Infrastr ucture 1/1/2014 1/1/2099 various contractors Costs for construction cleanup (does not include dumpsters and storage containers above) Atascadero #1 - N $ - 42 Historic City Hall Earthquake Repair/Rehab Project Improvement/Infrastr ucture 12/1/2010 1/1/2099 Mid State Solid Waste Contract for Rental of Trash Rolloffs Atascadero #1 - N $ - 43 Historic City Hall Earthquake Repair/Rehab Project Improvement/Infrastr ucture 12/8/2010 1/1/2099 Atascadero Waste Alternatives Contract for Storage Containers Atascadero #1 - N $ - 44 Historic City Hall Earthquake Repair/Rehab Project Improvement/Infrastr ucture 1/1/2014 1/1/2099 various contractors Other construction costs such as printing, site security, dust palliation, record keeping, pest control, etc. Atascadero #1 - N $ - 45 Historic City Hall Earthquake Repair/Rehab Project Improvement/Infrastr ucture 1/1/2014 1/1/2099 various contractors Other small construction costs Atascadero #1 - N $ - 46 Historic City Hall Earthquake Repair/Rehab Project Improvement/Infrastr ucture 1/1/2014 1/1/2099 various construction contractors Construction contingency Atascadero #1 - N 50,000 50,000 $ 100,000 47 Loan from RDA Low/Moderate Housing Fund to RDA General Fund SERAF/ERAF 9/14/2010 6/30/2015 Successor Agency / Low/Mod Housing Fund Repayment of Loan from RDA Low/Mod Fund for SERAF payment Atascadero #1 N 48 Historic City Hall Earthquake Repair/Rehab Project Improvement/Infrastr ucture 1/1/2014 6/30/2014 Commitment to State of California CCHE grant match Atascadero #1 N 49 Historic City Hall Earthquake Repair/Rehab Project Improvement/Infrastr ucture 1/1/2014 6/30/2014 Commitment to FEMA and CalEMA Obligation to receive occupancy permit on Historic City Hall Project in order to retain grant funds for City Hall Project and Temporary Relocation Atascadero #1 N 50 Bond Agreement- Use of Bond Proceeds (City Hall and Identified Blight Elimination projects per June 2010 Board meeting) Improvement/Infrastr ucture 1/1/2014 6/30/2014 Commitment to Bond Holders Remaining 2010 bond proceeds earmarked for City Hall Project & 2010 Identified Blight Elimination Projects Atascadero #1 N 51 Bond Agreement- Use of Interest on Bond Proceeds (City Hall and 2010 Identified Blight Elimination Projects) Improvement/Infrastr ucture 1/1/2014 6/30/2014 Commitment to Bond Holders Interest earned on remaining 2010 bond proceeds earmarked for City Hall Project & 2010 Identified blight Elimination Projects Atascadero #1 N 52 Bond Agreement- Use of Bond Proceeds for completion of 2005 Bond Projects Improvement/Infrastr ucture 1/1/2014 6/30/2014 Commitment to Bond Holders Remaining 2005 bond proceeds earmarked for Maiden Statue Project, Streetscape III and Wayfinding Atascadero #1 N 53 Bond Agreement- Use of Interest on Bond Proceeds for completion of 2005 Bond Projects Improvement/Infrastr ucture 1/1/2014 6/30/2014 Commitment to Bond Holders Future interest earned on remaining 2005 bond proceeds earmarked for Maiden Statue Project, Streetscape III and Wayfinding Atascadero #1 N 122 2004/2005 Redevelopment Bonds Bonds Issued On or Before 12/31/10 11/1/2004 9/1/2034 Bank of New York Mellon Increase of cash with fiscal agent balance due to decrease in market value of investments held by fiscal agent Atascadero #1 - N $ - 123 Sale of Creekside Building Property Dispositions 1/1/2014 1/1/2099 Unknown Costs associated with marketing and sale of Creekside Building in accordance with PMP Atascadero #1 100,000 N 100,000 $ 100,000 124 Historic City Hall Earthquake Repair/Rehab Project Improvement/Infrastr ucture 1/1/2014 1/1/2099 FEMA FEMA grant adjustments Atascadero #1 N 3,000,000 (3,000,000) ITEM NUMBER: OB B-1 DATE: 2-24-14 ATTACHMENT: 1 EXHIBIT: A A B C D E F G H I J K L M N O P Bond Proceeds Reserve Balance Other Funds Non-Admin Admin Recognized Obligation Payment Schedule (ROPS) 14-15A - ROPS Detail July 1, 2014 through December 31, 2014 (Report Amounts in Whole Dollars) Item #Payee Description/Project Scope Project Area Total Outstanding Debt or Obligation Retired Funding Source Six-Month TotalProject Name / Debt Obligation Obligation Type Contract/Agreement Execution Date RPTTF Non-Redevelopment Property Tax Trust Fund (Non-RPTTF) Contract/Agreement Termination Date 125 Historic City Hall Earthquake Repair/Rehab Project Improvement/Infrastr ucture 1/1/2014 1/1/2099 CalOES Cal OES grant adjustments Atascadero #1 N 1,000,000 (1,000,000) 126 Demolition of RDA portable building Property Dispositions n/a 1/1/2099 Unknown Demolition of RDA portable building Atascadero #1 15,000 N 15,000 $ 15,000 127 Lease for former Chamber building Property Maintenance 5/1/2009 City of Atascadero Lease of Land that RDA portable sits on Atascadero #1 1,000 N 1,000 $ 1,000 127 Historic City Hall Earthquake Repair/Rehab Project Bonds Issued On or Before 12/31/10 n/a 1/1/2099 Unknown Historic City Hall Earthquake Repair/Rehab Project: Exterior Lighting Package Atascadero #1 350,000 N 150,000 200,000 $ 350,000 ITEM NUMBER: OB B-1 DATE: 2-24-14 ATTACHMENT: 1 EXHIBIT: A A B C D E F G H I Other RPTTF Bonds Issued on or before 12/31/10 Bonds Issued on or after 01/01/11 Prior ROPS period balances and DDR balances retained Prior ROPS RPTTF distributed as reserve for next bond payment Rent, Grants, Interest, Etc. Non-Admin and Admin ROPS 13-14A Actuals (07/01/13 - 12/31/13) 1 Beginning Available Cash Balance (Actual 07/01/13) Note that for the RPTTF, 1 + 2 should tie to columns J and O in the Report of Prior Period Adjustments (PPAs)6,298,966 - - 844,929 (5,707,181) 488,806 2 Revenue/Income (Actual 12/31/13) Note that the RPTTF amounts should tie to the ROPS 13-14A distribution from the County Auditor-Controller during June 2013 52,216 262,011 906,697 773,468 3 Expenditures for ROPS 13-14A Enforceable Obligations (Actual 12/31/13) Note that for the RPTTF, 3 + 4 should tie to columns L and Q in the Report of PPAs 2,425,506 582,918 1,480,938 769,560 4 Retention of Available Cash Balance (Actual 12/31/13) Note that the RPTTF amount should only include the retention of reserves for debt service approved in ROPS 13-14A 5 ROPS 13-14A RPTTF Prior Period Adjustment Note that the RPTTF amount should tie to column S in the Report of PPAs. No entry required 4,381 6 Ending Actual Available Cash Balance C to G = (1 + 2 - 3 - 4), H = (1 + 2 - 3 - 4 - 5) 3,925,676$ -$ -$ 524,023$ (6,281,422)$ 488,333$ ROPS 13-14B Estimate (01/01/14 - 06/30/14) 7 Beginning Available Cash Balance (Actual 01/01/14) (C, D, E, G = 4 + 6, F = H4 + F4 + F6, and H = 5 + 6)3,925,676$ -$ -$ 524,023$ (6,281,422)$ 492,714$ 8 Revenue/Income (Estimate 06/30/14) Note that the RPTTF amounts should tie to the ROPS 13-14B distribution from the County Auditor-Controller during January 2014 - - - 580,511 - 614,437 9 Expenditures for 13-14B Enforceable Obligations (Estimate 06/30/14) 363,000 262,011 - 1,102,768 10 Retention of Available Cash Balance (Estimate 06/30/14) Note that the RPTTF amounts may include the retention of reserves for debt service approved in ROPS 13-14B 842,523 11 Ending Estimated Available Cash Balance (7 + 8 - 9 -10)3,562,676$ -$ -$ -$ (6,281,422)$ 4,383$ Recognized Obligation Payment Schedule (ROPS) 14-15A - Report of Cash Balances (Report Amounts in Whole Dollars) Pursuant to Health and Safety Code section 34177(l), 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. Fund Sources Comments Bond Proceeds Reserve Balance Cash Balance Information by ROPS Period ITEM NUMBER: OB B-1 DATE: 2-24-14 ATTACHMENT: 1 EXHIBIT: A A B C D E F G H I J K L M N O P Q R S T U V W X Y Z AA Net SA Non-Admin and Admin PPA (Amount Used to Offset ROPS 14-15A Requested RPTTF) Net CAC Non- Admin and Admin PPA (Amount Used to Offset ROPS 14-15A Requested RPTTF) Authorized Actual Authorized Actual Authorized Actual Authorized Available RPTTF (ROPS 13-14A distributed + all other available as of 07/1/13) Net Lesser of Authorized / Available Actual Difference (If K is less than L, the difference is zero) Authorized Available RPTTF (ROPS 13-14A distributed + all other available as of 07/1/13) Net Lesser of Authorized / Available Actual Difference (If total actual exceeds total authorized, the total difference is zero) Net Difference (M+R) Net Lesser of Authorized / Available Actual Difference Net Lesser of Authorized / Available Actual Difference Net Difference 3,364,330$ 2,425,506$ 657,618$ 582,918$ 4,405,200$ 1,480,938$ 648,667$ 648,941$ 648,941$ 644,560$ 4,381$ 125,000$ 125,000$ 125,000$ 125,000$ -$ 4,381$ -$ -$ -$ 1 2010 Reimbursement/ - - - 382,256 382,256 $ 382,256 382,256 $ - $ - 2 2010 Reimbursement/ - - - 2,000 2,000 $ 2,000 1,750 $ 250 $ 250 3 2004/2005 Redevelopment Bonds - 582,918 582,918 - 262,011 262,011 $ 262,011 258,254 $ 3,757 $ 3,757 4 2004/2005 Redevelopment Bonds - - - - $ - - $ - $ - 5 2004/2005 Redevelopment Bonds - - - 2,400 2,400 $ 2,400 2,300 $ 100 $ 100 6 City Loan #1 entered into in 1998 - - - - $ - $ - $ - 7 City Loan #2 entered into in 2001 - - - - $ - $ - $ - 8 City Loan #3 entered into in 2002 - - - - $ - $ - $ - 9 CJPIA Insurance Retrospective Deposit - 74,700 - - 547 - $ - $ - $ - 10 Administration Allowance - - - - - $ - $ - $ - 11 Colony Square Conditions, Covenants and Restrictions - - 10,000 - - $ - $ - $ - 12 Maintenance of Creekside Building - - 11,600 8,770 - $ - $ - $ - 13 Minor Items missed on EOPS adopted by RDA - - - - $ - $ - $ - 14 Lake Park Sign & Frontage Project - - - - $ - $ - $ - 15 Downtown Pedestrian Bridge - - - - $ - $ - $ - 16 Maiden Statue Project 19,780 19,780 - - - $ - $ - $ - 17 Maiden Statue Project 3,850 7,260 - - - $ - $ - $ - 18 Maiden Statue Project 3,000 - - - - $ - $ - $ - 19 Historic City Hall Earthquake Repair/Rehab Project 12,800 18,151 - 46,800 4,822 - $ - $ - $ - 20 Historic City Hall Earthquake Repair/Rehab Project - 9,800 - 1,200 1,200 - $ - $ - $ - 21 Historic City Hall Earthquake Repair/Rehab Project - - - - - $ - $ - $ - 22 Historic City Hall Earthquake Repair/Rehab Project 2,401,900 1,144,417 - 3,217,400 1,030,178 - $ - $ - $ - 23 Historic City Hall Earthquake Repair/Rehab Project - 27,320 - - 13,080 - $ - $ - $ - 24 Historic City Hall Earthquake Repair/Rehab Project 3,400 - - 29,000 - - $ - $ - $ - 25 Historic City Hall Earthquake Repair/Rehab Project - 405,006 - - 44,268 - $ - $ - $ - RPTTF Expenditures ROPS 13-14A CAC PPA: To be completed by the CAC upon submittal of the ROPS 14-15A by the SA to Finance and the CAC. Note that CACs will need to enter their own formulas at the line item level pursuant to the manner in which they calculate the PPA. Also note that the admin amounts do not need to be listed at the line item level and may be entered as a lump sum. SA Comments Recognized Obligation Payment Schedule (ROPS) 14-15A - Report of Prior Period Adjustments Reported for the ROPS 13-14A (July 1, 2013 through December 31, 2013) Period Pursuant to Health and Safety Code (HSC) section 34186 (a) (Report Amounts in Whole Dollars) ROPS 13-14A Successor Agency (SA) Self-reported Prior Period Adjustments (PPA): Pursuant to HSC Section 34186 (a), SAs are required to report the differences between their actual available funding and their actual expenditures for the ROPS 13-14A (July through December 2013) period. The amount of Redevelopment Property Tax Trust Fund (RPTTF) approved for the ROPS 14-15A (July through December 2014) period will be offset by the SA’s self-reported ROPS 13-14A prior period adjustment. HSC Section 34186 (a) also specifies that the prior period adjustments self-reported by SAs are subject to audit by the county auditor-controller (CAC) and the State Controller. Item # Project Name / Debt Obligation Non-RPTTF Expenditures Non-Admin Non-Admin CAC Admin CACAdminBond Proceeds Reserve Balance Other Funds RPTTF Expenditures ITEM NUMBER: OB B-1 DATE: 2-24-14 ATTACHMENT: 1 EXHIBIT: A A B C D E F G H I J K L M N O P Q R S T U V W X Y Z AA Net SA Non-Admin and Admin PPA (Amount Used to Offset ROPS 14-15A Requested RPTTF) Net CAC Non- Admin and Admin PPA (Amount Used to Offset ROPS 14-15A Requested RPTTF) Authorized Actual Authorized Actual Authorized Actual Authorized Available RPTTF (ROPS 13-14A distributed + all other available as of 07/1/13) Net Lesser of Authorized / Available Actual Difference (If K is less than L, the difference is zero) Authorized Available RPTTF (ROPS 13-14A distributed + all other available as of 07/1/13) Net Lesser of Authorized / Available Actual Difference (If total actual exceeds total authorized, the total difference is zero) Net Difference (M+R) Net Lesser of Authorized / Available Actual Difference Net Lesser of Authorized / Available Actual Difference Net Difference 3,364,330$ 2,425,506$ 657,618$ 582,918$ 4,405,200$ 1,480,938$ 648,667$ 648,941$ 648,941$ 644,560$ 4,381$ 125,000$ 125,000$ 125,000$ 125,000$ -$ 4,381$ -$ -$ -$ RPTTF Expenditures ROPS 13-14A CAC PPA: To be completed by the CAC upon submittal of the ROPS 14-15A by the SA to Finance and the CAC. Note that CACs will need to enter their own formulas at the line item level pursuant to the manner in which they calculate the PPA. Also note that the admin amounts do not need to be listed at the line item level and may be entered as a lump sum. SA Comments Recognized Obligation Payment Schedule (ROPS) 14-15A - Report of Prior Period Adjustments Reported for the ROPS 13-14A (July 1, 2013 through December 31, 2013) Period Pursuant to Health and Safety Code (HSC) section 34186 (a) (Report Amounts in Whole Dollars) ROPS 13-14A Successor Agency (SA) Self-reported Prior Period Adjustments (PPA): Pursuant to HSC Section 34186 (a), SAs are required to report the differences between their actual available funding and their actual expenditures for the ROPS 13-14A (July through December 2013) period. The amount of Redevelopment Property Tax Trust Fund (RPTTF) approved for the ROPS 14-15A (July through December 2014) period will be offset by the SA’s self-reported ROPS 13-14A prior period adjustment. HSC Section 34186 (a) also specifies that the prior period adjustments self-reported by SAs are subject to audit by the county auditor-controller (CAC) and the State Controller. Item # Project Name / Debt Obligation Non-RPTTF Expenditures Non-Admin Non-Admin CAC Admin CACAdminBond Proceeds Reserve Balance Other Funds RPTTF Expenditures 26 Historic City Hall Earthquake Repair/Rehab Project 107,700 65,700 - - - - $ - $ - $ - 27 Historic City Hall Earthquake Repair/Rehab Project 28,900 7,945 - 1,300 - - $ - $ - $ - 28 Historic City Hall Earthquake Repair/Rehab Project 66,200 40,559 - 28,700 34,081 - $ - $ - $ - 29 Historic City Hall Earthquake Repair/Rehab Project 99,400 48,401 - 36,800 25,092 - $ - $ - $ - 30 Historic City Hall Earthquake Repair/Rehab Project - 151,904 - - 52,480 - $ - $ - $ - 31 Historic City Hall Earthquake Repair/Rehab Project 1,300 1,256 - 2,900 2,669 - $ - $ - $ - 32 Historic City Hall Earthquake Repair/Rehab Project 10,900 9,731 - 22,200 17,295 - $ - $ - $ - 33 Historic City Hall Earthquake Repair/Rehab Project - - - - - $ - $ - $ - 34 Historic City Hall Repair & Rehabilitation Project - - 225,900 28,940 - $ - $ - $ - 35 Historic City Hall Repair & Rehabilitation Project 43,300 4,422 - - - - $ - $ - $ - 36 Historic City Hall Repair & Rehabilitation Project 418,200 157,851 - 574,000 204,190 - $ - $ - $ - 37 Historic City Hall Earthquake Repair/Rehab Project 24,500 4,500 - 66,500 2,000 - $ - $ - $ - 38 Historic City Hall Earthquake Repair/Rehab Project 10,900 808 - 5,800 - - $ - $ - $ - 39 Historic City Hall Earthquake Repair/Rehab Project 34,800 1,000 - 60,700 500 - $ - $ - $ - 40 Historic City Hall Repair & Rehabilitation Project 7,600 - - - - $ - $ - $ - 41 Historic City Hall Earthquake Repair/Rehab Project 6,800 2,099 - 14,500 - - $ - $ - $ - 42 Historic City Hall Earthquake Repair/Rehab Project 2,300 1,774 - 5,100 3,311 - $ - $ - $ - ITEM NUMBER: OB B-1 DATE: 2-24-14 ATTACHMENT: 1 EXHIBIT: A A B C D E F G H I J K L M N O P Q R S T U V W X Y Z AA Net SA Non-Admin and Admin PPA (Amount Used to Offset ROPS 14-15A Requested RPTTF) Net CAC Non- Admin and Admin PPA (Amount Used to Offset ROPS 14-15A Requested RPTTF) Authorized Actual Authorized Actual Authorized Actual Authorized Available RPTTF (ROPS 13-14A distributed + all other available as of 07/1/13) Net Lesser of Authorized / Available Actual Difference (If K is less than L, the difference is zero) Authorized Available RPTTF (ROPS 13-14A distributed + all other available as of 07/1/13) Net Lesser of Authorized / Available Actual Difference (If total actual exceeds total authorized, the total difference is zero) Net Difference (M+R) Net Lesser of Authorized / Available Actual Difference Net Lesser of Authorized / Available Actual Difference Net Difference 3,364,330$ 2,425,506$ 657,618$ 582,918$ 4,405,200$ 1,480,938$ 648,667$ 648,941$ 648,941$ 644,560$ 4,381$ 125,000$ 125,000$ 125,000$ 125,000$ -$ 4,381$ -$ -$ -$ RPTTF Expenditures ROPS 13-14A CAC PPA: To be completed by the CAC upon submittal of the ROPS 14-15A by the SA to Finance and the CAC. Note that CACs will need to enter their own formulas at the line item level pursuant to the manner in which they calculate the PPA. Also note that the admin amounts do not need to be listed at the line item level and may be entered as a lump sum. SA Comments Recognized Obligation Payment Schedule (ROPS) 14-15A - Report of Prior Period Adjustments Reported for the ROPS 13-14A (July 1, 2013 through December 31, 2013) Period Pursuant to Health and Safety Code (HSC) section 34186 (a) (Report Amounts in Whole Dollars) ROPS 13-14A Successor Agency (SA) Self-reported Prior Period Adjustments (PPA): Pursuant to HSC Section 34186 (a), SAs are required to report the differences between their actual available funding and their actual expenditures for the ROPS 13-14A (July through December 2013) period. The amount of Redevelopment Property Tax Trust Fund (RPTTF) approved for the ROPS 14-15A (July through December 2014) period will be offset by the SA’s self-reported ROPS 13-14A prior period adjustment. HSC Section 34186 (a) also specifies that the prior period adjustments self-reported by SAs are subject to audit by the county auditor-controller (CAC) and the State Controller. Item # Project Name / Debt Obligation Non-RPTTF Expenditures Non-Admin Non-Admin CAC Admin CACAdminBond Proceeds Reserve Balance Other Funds RPTTF Expenditures 43 Historic City Hall Earthquake Repair/Rehab Project 400 - - 700 - - $ - $ - $ - 44 Historic City Hall Earthquake Repair/Rehab Project 17,700 3,998 - 41,300 29 - $ - $ - $ - 45 Historic City Hall Earthquake Repair/Rehab Project 38,700 59,316 - 2,800 - - $ - $ - $ - 46 Historic City Hall Earthquake Repair/Rehab Project - - - - - - $ - $ - $ - 47 Loan from RDA Low/Moderate Housing Fund to RDA General Fund - - - - - - $ - $ - $ - 48 Historic City Hall Earthquake Repair/Rehab Project - - - - - $ - $ - $ - 49 Historic City Hall Earthquake Repair/Rehab Project - - - - - $ - $ - $ - 50 Bond Agreement- Use of Bond Proceeds (City Hall and Identified Blight Elimination projects per June 2010 Board meeting) - - - - - $ - $ - $ - 51 Bond Agreement- Use of Interest on Bond Proceeds (City Hall and 2010 Identified Blight Elimination Projects) - - - - - $ - $ - $ - 52 Bond Agreement- Use of Bond Proceeds for completion of 2005 Bond Projects - - - - - $ - $ - $ - 53 Bond Agreement- Use of Interest on Bond Proceeds for completion of 2005 Bond Projects - - - - - $ - $ - $ - 54 Financial independent audit services (admin) - - - - - $ - $ - $ - 55 Legal Services- Administration of Agency - - - - - $ - $ - $ - 56 Administration of Agency - - - - - $ - $ - $ - 57 Computer and website support for RDA - - - - - $ - $ - $ - 58 Administrative support staff for RDA - - - - - $ - $ - $ - ITEM NUMBER: OB B-1 DATE: 2-24-14 ATTACHMENT: 1 EXHIBIT: A A B C D E F G H I J K L M N O P Q R S T U V W X Y Z AA Net SA Non-Admin and Admin PPA (Amount Used to Offset ROPS 14-15A Requested RPTTF) Net CAC Non- Admin and Admin PPA (Amount Used to Offset ROPS 14-15A Requested RPTTF) Authorized Actual Authorized Actual Authorized Actual Authorized Available RPTTF (ROPS 13-14A distributed + all other available as of 07/1/13) Net Lesser of Authorized / Available Actual Difference (If K is less than L, the difference is zero) Authorized Available RPTTF (ROPS 13-14A distributed + all other available as of 07/1/13) Net Lesser of Authorized / Available Actual Difference (If total actual exceeds total authorized, the total difference is zero) Net Difference (M+R) Net Lesser of Authorized / Available Actual Difference Net Lesser of Authorized / Available Actual Difference Net Difference 3,364,330$ 2,425,506$ 657,618$ 582,918$ 4,405,200$ 1,480,938$ 648,667$ 648,941$ 648,941$ 644,560$ 4,381$ 125,000$ 125,000$ 125,000$ 125,000$ -$ 4,381$ -$ -$ -$ RPTTF Expenditures ROPS 13-14A CAC PPA: To be completed by the CAC upon submittal of the ROPS 14-15A by the SA to Finance and the CAC. Note that CACs will need to enter their own formulas at the line item level pursuant to the manner in which they calculate the PPA. Also note that the admin amounts do not need to be listed at the line item level and may be entered as a lump sum. SA Comments Recognized Obligation Payment Schedule (ROPS) 14-15A - Report of Prior Period Adjustments Reported for the ROPS 13-14A (July 1, 2013 through December 31, 2013) Period Pursuant to Health and Safety Code (HSC) section 34186 (a) (Report Amounts in Whole Dollars) ROPS 13-14A Successor Agency (SA) Self-reported Prior Period Adjustments (PPA): Pursuant to HSC Section 34186 (a), SAs are required to report the differences between their actual available funding and their actual expenditures for the ROPS 13-14A (July through December 2013) period. The amount of Redevelopment Property Tax Trust Fund (RPTTF) approved for the ROPS 14-15A (July through December 2014) period will be offset by the SA’s self-reported ROPS 13-14A prior period adjustment. HSC Section 34186 (a) also specifies that the prior period adjustments self-reported by SAs are subject to audit by the county auditor-controller (CAC) and the State Controller. Item # Project Name / Debt Obligation Non-RPTTF Expenditures Non-Admin Non-Admin CAC Admin CACAdminBond Proceeds Reserve Balance Other Funds RPTTF Expenditures 59 General overhead and support for RDA (general accounting, payments, council chamber use, agenda preparation, etc…) - - - - - $ - $ - $ - 60 Monthly Electricity - - - - - $ - $ - $ - 61 Trash pickup service - - - - - $ - $ - $ - 62 Downtown Landscape Maintenance Contract - - - - - $ - $ - $ - 63 Clean up and maintenance of the downtown area - - - - - $ - $ - $ - 64 Fountain Maintenance - - - - - $ - $ - $ - 65 Graffiti abatement - - - - - $ - $ - $ - 66 Economic Development Staff - - - - - $ - $ - $ - 67 Lake Park Sign & Frontage - - - - - $ - $ - $ - 68 Lake Park Sign & Frontage - - - - - $ - $ - $ - 69 Redevelopment Agency General Fund accounts payable & accrued payroll at January 31, 2012 - - - - - $ - $ - $ - 70 Low/Moderate Income Housing Administration Costs - - - - - $ - $ - $ - 71 Redevelopment Housing Assistance Strategy - - - - - $ - $ - $ - 72 Creek Improvements - - - - - $ - $ - $ - 73 Wayfinding Project - - - - - $ - $ - $ - 74 Wayfinding Project - - - - - $ - $ - $ - 75 Downtown Pedestrian Bridge - - - - - $ - $ - $ - 76 Downtown Pedestrian Bridge - - - - - $ - $ - $ - 77 Downtown Pedestrian Bridge - - - - - $ - $ - $ - 78 Downtown Pedestrian Bridge - - - - - $ - $ - $ - 79 Downtown Streetscape III Project - - - - - $ - $ - $ - 80 Downtown Streetscape III Project - - - - - $ - $ - $ - 81 Employee Services - - - - - $ - $ - $ - 82 Agency Insurance costs - - - - - $ - $ - $ - 83 Administration of Agency - - - - - $ - $ - $ - 84 Blight Reduction and Economic Growth Contract - - - - - $ - $ - $ - 85 Sunken Garden Extra Maintenance Supplies - - - - - $ - $ - $ - ITEM NUMBER: OB B-1 DATE: 2-24-14 ATTACHMENT: 1 EXHIBIT: A A B C D E F G H I J K L M N O P Q R S T U V W X Y Z AA Net SA Non-Admin and Admin PPA (Amount Used to Offset ROPS 14-15A Requested RPTTF) Net CAC Non- Admin and Admin PPA (Amount Used to Offset ROPS 14-15A Requested RPTTF) Authorized Actual Authorized Actual Authorized Actual Authorized Available RPTTF (ROPS 13-14A distributed + all other available as of 07/1/13) Net Lesser of Authorized / Available Actual Difference (If K is less than L, the difference is zero) Authorized Available RPTTF (ROPS 13-14A distributed + all other available as of 07/1/13) Net Lesser of Authorized / Available Actual Difference (If total actual exceeds total authorized, the total difference is zero) Net Difference (M+R) Net Lesser of Authorized / Available Actual Difference Net Lesser of Authorized / Available Actual Difference Net Difference 3,364,330$ 2,425,506$ 657,618$ 582,918$ 4,405,200$ 1,480,938$ 648,667$ 648,941$ 648,941$ 644,560$ 4,381$ 125,000$ 125,000$ 125,000$ 125,000$ -$ 4,381$ -$ -$ -$ RPTTF Expenditures ROPS 13-14A CAC PPA: To be completed by the CAC upon submittal of the ROPS 14-15A by the SA to Finance and the CAC. Note that CACs will need to enter their own formulas at the line item level pursuant to the manner in which they calculate the PPA. Also note that the admin amounts do not need to be listed at the line item level and may be entered as a lump sum. SA Comments Recognized Obligation Payment Schedule (ROPS) 14-15A - Report of Prior Period Adjustments Reported for the ROPS 13-14A (July 1, 2013 through December 31, 2013) Period Pursuant to Health and Safety Code (HSC) section 34186 (a) (Report Amounts in Whole Dollars) ROPS 13-14A Successor Agency (SA) Self-reported Prior Period Adjustments (PPA): Pursuant to HSC Section 34186 (a), SAs are required to report the differences between their actual available funding and their actual expenditures for the ROPS 13-14A (July through December 2013) period. The amount of Redevelopment Property Tax Trust Fund (RPTTF) approved for the ROPS 14-15A (July through December 2014) period will be offset by the SA’s self-reported ROPS 13-14A prior period adjustment. HSC Section 34186 (a) also specifies that the prior period adjustments self-reported by SAs are subject to audit by the county auditor-controller (CAC) and the State Controller. Item # Project Name / Debt Obligation Non-RPTTF Expenditures Non-Admin Non-Admin CAC Admin CACAdminBond Proceeds Reserve Balance Other Funds RPTTF Expenditures 86 Downtown Landscape Maintenance Contract - - - - - $ - $ - $ - 87 Sunken Garden Holiday Enhancement - - - - - $ - $ - $ - 88 Portable toilet service for farmers market - - - - - $ - $ - $ - 89 Color copies for ICSC conference - - - - - $ - $ - $ - 90 Permit Fee Waiver Program - - - - - $ - $ - $ - 91 Façade Improvement Program - - - - - $ - $ - $ - 92 Tourism Promotion- SLO Count Visitors and Conference Bureau - - - - - $ - $ - $ - 93 Tourism, Marketing and Events Services - - - - - $ - $ - $ - 94 Special Events and Promotions - - - - - $ - $ - $ - 95 Main Street Program - - - - - $ - $ - $ - 96 Marketing tool annual payment - - - - - $ - $ - $ - 97 Lake Park Sign & Frontage - - - - - $ - $ - $ - 98 Lake Park Sign & Frontage - - - - - $ - $ - $ - 99 Zoo Wall Improvement Project - - - - - $ - $ - $ - 100 Redevelopment Agency General Fund accounts payable & accrued payroll at June 30, 2011 - - - - - $ - $ - $ - 101 Production of Affordable Housing - - - - - $ - $ - $ - 102 Redevelopment Agency Low Mod Housing Fund accounts payable & accrued payroll at June 30, 2011 - - - - - $ - $ - $ - 103 Blight Elimination Projects Contract - - - - - $ - $ - $ - 104 Wayfinding Project - - - - - $ - $ - $ - 105 Downtown Property Purchase - - - - - $ - $ - $ - 106 Downtown Property Purchase - - - - - $ - $ - $ - 107 Downtown Pedestrian Bridge - - - - - $ - $ - $ - 108 Downtown Pedestrian Bridge - - - - - $ - $ - $ - 109 Downtown Pedestrian Bridge - - - - - $ - $ - $ - 110 Downtown Pedestrian Bridge - - - - - $ - $ - $ - 111 Maiden Statue Placement - - - - - $ - $ - $ - ITEM NUMBER: OB B-1 DATE: 2-24-14 ATTACHMENT: 1 EXHIBIT: A A B C D E F G H I J K L M N O P Q R S T U V W X Y Z AA Net SA Non-Admin and Admin PPA (Amount Used to Offset ROPS 14-15A Requested RPTTF) Net CAC Non- Admin and Admin PPA (Amount Used to Offset ROPS 14-15A Requested RPTTF) Authorized Actual Authorized Actual Authorized Actual Authorized Available RPTTF (ROPS 13-14A distributed + all other available as of 07/1/13) Net Lesser of Authorized / Available Actual Difference (If K is less than L, the difference is zero) Authorized Available RPTTF (ROPS 13-14A distributed + all other available as of 07/1/13) Net Lesser of Authorized / Available Actual Difference (If total actual exceeds total authorized, the total difference is zero) Net Difference (M+R) Net Lesser of Authorized / Available Actual Difference Net Lesser of Authorized / Available Actual Difference Net Difference 3,364,330$ 2,425,506$ 657,618$ 582,918$ 4,405,200$ 1,480,938$ 648,667$ 648,941$ 648,941$ 644,560$ 4,381$ 125,000$ 125,000$ 125,000$ 125,000$ -$ 4,381$ -$ -$ -$ RPTTF Expenditures ROPS 13-14A CAC PPA: To be completed by the CAC upon submittal of the ROPS 14-15A by the SA to Finance and the CAC. Note that CACs will need to enter their own formulas at the line item level pursuant to the manner in which they calculate the PPA. Also note that the admin amounts do not need to be listed at the line item level and may be entered as a lump sum. SA Comments Recognized Obligation Payment Schedule (ROPS) 14-15A - Report of Prior Period Adjustments Reported for the ROPS 13-14A (July 1, 2013 through December 31, 2013) Period Pursuant to Health and Safety Code (HSC) section 34186 (a) (Report Amounts in Whole Dollars) ROPS 13-14A Successor Agency (SA) Self-reported Prior Period Adjustments (PPA): Pursuant to HSC Section 34186 (a), SAs are required to report the differences between their actual available funding and their actual expenditures for the ROPS 13-14A (July through December 2013) period. The amount of Redevelopment Property Tax Trust Fund (RPTTF) approved for the ROPS 14-15A (July through December 2014) period will be offset by the SA’s self-reported ROPS 13-14A prior period adjustment. HSC Section 34186 (a) also specifies that the prior period adjustments self-reported by SAs are subject to audit by the county auditor-controller (CAC) and the State Controller. Item # Project Name / Debt Obligation Non-RPTTF Expenditures Non-Admin Non-Admin CAC Admin CACAdminBond Proceeds Reserve Balance Other Funds RPTTF Expenditures 112 Centennial Plaza - - - - - $ - $ - $ - 113 Downtown Streetscape III Project - - - - - $ - $ - $ - 114 Downtown Streetscape III Project - - - - - $ - $ - $ - 115 Downtown Streetscape III Project - - - - - $ - $ - $ - 116 Downtown Streetscape III Project - - - - - $ - $ - $ - 117 Blight Elimination Projects- Fiscal Year 10/11 Expenses (accounts payable June 30, 2011) - - - - - $ - $ - $ - 118 Historic City Hall Project Contract and Loan Agreement - - - - - $ - $ - $ - 119 Historic City Hall Earthquake Repair/Rehab Project - - - - - $ - $ - $ - 120 Historic City Hall Earthquake Repair/Rehab Project - - - - - $ - $ - $ - 121 Historic City Hall Earthquake Repair/Rehab Project - - - - - $ - $ - $ - 122 Historic City Hall Earthquake Repair/Rehab Project 223,881 $ - $ - $ - 123 Maiden Status 7,001 $ - $ - $ - 124 Maiden Status 1,155 $ - $ - $ - 125 Maiden Status 471 7,487 $ - $ - $ - 126 Available RPTTF cash at 7/1/13 274 $ 274 $ 274 $ 274 ITEM NUMBER: OB B-1 DATE: 2-24-14 ATTACHMENT: 1 EXHIBIT: A Item #Notes/Comments ROPS 3 The bond covenants require a cash bond reserve equal to the following year's debt service. (This is in addition to the cash held by the fiscal agent) This means that the cash must be deposited into the fund one year in advance of the bond payment. The amount reported in the RPTTF fund represents the amount to be deposited into the Debt Service Fund cash to meet bond covenants. The amount reported in the Reserve column represents the use of this cash (and/or previously deposited cash) for actual debt service payments on the 2004 bond. ROPS 46 It is expected that the Historic City Hall Project will be completed by June 30, 2014; however it is possible that the contracts may not be completely paid by June 30,2014. Rather than enter an estimated amount for each contract, this is an estimate for all contracts. ROPS 124 The Historic City Hall Project is funded in part by FEMA, CalOES and CCHE grant funds, with all remaining costs funded by the Redevelopment Agency. FEMA funds a particular scope of work rather than a flat dollar amount, so each invoice is broken out between the work funded by FEMA and CalOES versus the work funded by the Redevelopment Agency. These breakdowns are subject to interpretation by FEMA. At some point after completion of the Project, FEMA will review the charges to the Project and determine the eligibility for funding. It is possible that contract payments amounts previously reported as funded by "Other" (FEMA/CalOES grants) may later be determined to not be eligible for funding and thus must be funded by Redevelopment Bond funds. Estimated eligible invoice totals currently exceed the authorized FEMA amount. These invoices are also currently reported as "Other" funding sources in anticipation of FEMA increasing their funding to account for these invoices. This may or may not occur. If it does not occur, this line is to adjust the funding source. ROPS 125 The Historic City Hall Project is funded in part by FEMA, CalOES and CCHE grant funds, with all remaining costs funded by the Redevelopment Agency. CalOES fund a particular scope of work rather than a flat dollar amount, so each invoice is broken out between the work funded by FEMA and CalOES versus the work funded by the Redevelopment Agency. These breakdowns are subject to interpretation by CalOES. At some point after completion of the Project, CalOES will review the charges to the Project and determine the eligibility for funding. It is possible that contract payments amounts previously reported as funded by "Other" (FEMA/CalOES grants) may later be determined to not be eligible for funding and thus must be funded by Redevelopment Bond funds. Estimated eligible invoice totals currently exceed the authorized CalOES amount. These invoices are alsp currently reported as "Other" funding sources in anticipation of CalOES increasing their funding to account for these invoices. This may or may not occur. If it does not occur, this line is to adjust the funding source. Rops 126 The RDA owns a portable building that it sued as a Main Street office during its operations. The RDA portable sits on City land. The RDA leases the land from the City. In order for the RDA to abandon its lease with the City, it must remove the portable building and leave the land in good condition. Per staff analysis, the portable has minimal value and would probably not survive a move. The most cost effective way of dealing with this RDA asset is to demolish the building. These are the costs for demolishing the building Recognized Obligation Payment Schedule 14-15A - Notes July 1, 2014 through December 31, 2014 ITEM NUMBER: OB B-1 DATE: 2-24-14 ATTACHMENT: 1 EXHIBIT: A Item #Notes/Comments Recognized Obligation Payment Schedule 14-15A - Notes July 1, 2014 through December 31, 2014 Rops 127 Previous ROPS assumed that the portable building would be demolished in 2013 and that the RDA building would no longer be on City land. The process of getting the Property Management Plan approved has taked longer than expected. In addition, the Department of Finance recently stated that demolition of the building should run through the ROPS rather than the Property Management Plan. This has further delayed demolition and removal of the RDA portable from City land, thus the RDA must continue to pay rent until the building is. removed. Rops 128 The Successor Agency has received its finding of completion and may spend bond proceeds (issued before 12/31/10) on the intended purposes of the bonds. The 2010 bonds were issued for the earthquake Repair and Rehabilitation of the Historic City Hall and for other projects. The exterior lighting work should be the final phase of Historic Cityhall Project These disbursements are for multi-year (9-10 years) capital projects. Although staff does its best to estimate progress of the capital project (i.e. when work will be done, when contractors will bill, and finally when contractors will be paid.), there are often timing differences between staff estimates and when the work is paid for. Overall these projects are tracking on budget. PPA 122 The Successor Agency has received its finding of completion and may spend bond proceeds (issued before 12/31/10) on the intended purposes of the bonds. The 2010 bonds were issued for the Earthquake Repair and Rehabilitation of Historic City Hall Project and for other projects. The installation of the audio/visual infrastructure is part of the Earthquake Repair & Rehabilitation of Historic City Hall Project. The Successor Agency has received its finding of completion and may spend bond proceeds (issued before 12/31/10) on the intended purposes of the bonds. The 2005 and 2010 bonds were issued for other projects within the Redevelopment Area. These disbursements are for installation of the Maiden Statues. These minor costs did not have a formal contract and were for installation of the Maiden Statues. This RDA Project was started in 2004. PPA 123- 125 PPA 16- 122 ITEM NUMBER: OB B-1 DATE: 2-24-14 ATTACHMENT: 1 EXHIBIT: A PROGRAM BUDGETS Successor Agency Adminsitrative Allowance FUND CODE 880 620.0000 EXPENSE July - December 2014 CLASSIFICATION DESCRIPTION BASIS AMOUNT Office Expense Postage, printing, copying, business cards, and office supplies Estimated 250$ Advertising Public hearing notices for successor agency and oversight board items Estimated 250 Insurance- Successor Agency activities Allocated portion of liability insurance costs. Covers successor agency activities, but does not include coverage of the Oversight Board Allocated 5,670 Operating Supplies Items needed for general successor agency and oversight board activities Estimated 80 Vehicle & Equipment Operating Costs Mileage reimbursement Estimated 100 Attorney services Attorney services for successor agency activities Estimated 15,000 Professional Development Successor agency and oversight board training, books, memberships and publications Estimated 1,000 Administrative Charges Allocation of support services including accounts payable, receipts, general accounting, investment, personnel, managerial and legislative services, space rental and other general overhead items Allocated 21,520 Staff Time: administrative agency and board support Agendas, minutes, record retention, correspondence and coordination of meetings Allocated 8,470 Staff Time: general management support for successor agency and board Overall successor agency and oversight board management, attendance at meetings, general staff reports and research Allocated 25,520 Staff Time: Project closeout /asset management & disposal support Project closeout, oversight of sales and marketing of creekside building, creekside building management Allocated 15,950 Staff Time: financial management support Preparation and documentation of ROPS, administrative budgets, & financial reports. Support and response to State Controller's office, Department of Finance, and county auditor controller's reports. Financial review of tax distributions. General financial management and reports. Allocated 31,860 Staff Time: low/moderate income housing administration Annual compliance monitoring in accordance with low/moderate income housing loan documents and other general housing loan program support Allocated 4,560 ITEM NUMBER: OB B-1 DATE: 2-24-14 ATTACHMENT: 2 PROGRAM BUDGETS Successor Agency Adminsitrative Allowance FUND CODE 880 620.0000 EXPENSE July - December 2014 CLASSIFICATION DESCRIPTION BASIS AMOUNT Overage Budget that exceeds legislative amount of $250,000. These excess costs will be borne by the successor agency. Plugged (5,230) ITEM NUMBER: OB B-1 DATE: 2-24-14 ATTACHMENT: 2 ITEM NUMBER: OB B-2 DATE: 02-24-14 Oversight Board for Successor Agency to the Community Redevelopment Agency of Atascadero Staff Report – Administrative Services Long-Range Property Management Plan Acknowledgment, Transfer Ownership of Improvements, and Personal Property to City of Atascadero RECOMMENDATIONS: Oversight Board: 1. Acknowledge and concur with the State Department of Finance response to the Long-Range Property Management Plan; and, 2. Approve Draft Resolution, ordering the transfer to the City of Atascadero of title to the improvements and personal property previously identified on the Long- Range Property Management Plan as Property No. 3, Property No. 5, Property No. 6, Property No. 7, and Property No. 8. DISCUSSION: On January 17, 2014, the Successor Agency received a response from the State Department of Finance (DOF) approving the Long-Range Property Management Plan (LRPMP). In the approval letter, the DOF noted that the LRPMP incorporated assets that were not necessary to include because they are considered personal property or improvements to real property. Below is a chart that lists each property in the LRPMP and DOF’s determination of each property. ITEM NUMBER: OB B-2 DATE: 02-24-14 Property No.Description DOF Determination 1 Property: 6907 El Camino Real Approved for use or disposal 2 Improvements: Portable Building Personal property- not required to report on LRPMP 3 Improvements: Parking Lot Paving Improvements to City Property- not required to report on LRPMP 4 Easement: Construction Access Approved for use or disposal 5 Improvements: Sunken Gardens Improvements to City Property- not required to report on LRPMP 6 Improvements: Charles Paddock Zoo Improvements to City Property- not required to report on LRPMP 7 Signage: Downtown Wayfinding Signs Personal property- not required to report on LRPMP 8 Improvements: Maiden Statue Repairs Improvements to City Property- not required to report on LRPMP The DOF approved the Successor Agency’s use or disposition of the real properties listed on the LRPMP. Of the eight properties listed in the LRPMP, the DOF determined only Property No. 1 and Property No. 4 to be real properties. Following is a summary of the properties: Property No. 1 and Property No. 4 The LRPMP addressed both of these properties and the DOF approved the recommendation for disposition. Property No. 2 The portable building at 6550 El Camino Real (previously home to Atascadero Main Street) rests on City-owned property. There is currently no active lease for this building. The City desires that the building be removed from the property, however, the building’s outdated condition prevents it from being successfully moved from the underlying property while retaining any structural integrity. The only option, therefore, is demolition. The estimated cost of demolition is $9,750 to be borne by the Successor Agency and is included in the ROPS 14-15A. Property No. 3, Property No. 5, Property No. 6, and Property No. 8 Properties No. 3, No. 5, No. 6 and No. 8 were deemed by DOF to be improvements to City-owned assets and therefore have excluded from the LRPMP as approved by the DOF. These improvements have no value in the open market net of removal and replacement costs and have ongoing maintenance costs. The City desires to take ownership of these improvements “as is” and will be responsible for the ongoing maintenance and eventual replacement of the improvement s. Property No. 7 Property No. 7 is a group of Wayfinding signs located throughout Downtown Atascadero that were deemed by DOF to be personal property excluded from the DOF -approved LRPMP. These assets have no value in the open market and ha ve ongoing maintenance costs. The City desires to take ownership of these improvements “as is” and will be responsible for ongoing maintenance and eventual replacement. ITEM NUMBER: OB B-2 DATE: 02-24-14 SUMMARY: Health and Safety Code Section 34181 (a) requires th e Oversight Board to direct the Successor Agency to dispose of all assets and properties of the former Redevelopment Agency. Additionally, it allows the Oversight Board to direct the Successor Agency to transfer ownership of assets used for a governmental purpose to the appropri ate governmental jurisdiction. Property No. 3, Property No. 5, Property No. 6, Property No. 7, and Property No. 8 discussed previously are assets of the former redevelopment agency which were used for a governmental purpose, have no value on the open market, and are affixed to or connected with, City-owned property. Therefore, staff recommends that ownership of Property No. 3, Property No. 5, Property No. 6, Property No. 7, and Property No. 8 be transferred to the City of Atascadero at no cost. FISCAL IMPACT: None for this action. ATTACHMENTS: 1. Draft Resolution a. Exhibit A of Draft Resolution - State Department of Finance response to the Long-Range Property Management Plan dated January 17, 2014 b. Exhibit B of Draft Resolution - Long-Range Property Management Plan ITEM NUMBER: OB B-2 DATE: 02-24-14 ATTACHMENT: 1 1 DRAFT RESOLUTION RESOLUTION OF THE OVERSIGHT BOARD FOR SUCCESSOR AGENCY TO THE COMMUNITY REDEVELOPMENT AGENCY OF ATASCADERO, ORDERING THE TRANSFER OF ASSETS TO THE CITY OF ATASCADERO PURSUANT TO SECTION 34181 (a) OF THE CALIFORNIA HEALTH AND SAFETY CODE WHEREAS, pursuant to Section 34191.5 of the California Health and Safety Code, the City Council of the City of Atascadero, as Successor Agency to the Atascadero Redevelopment Agency (“Successor Agency”), has prepared a Long-Range Property Management Plan for purposes of submission to the State Department of Finance (“DOF”), the San Luis Obispo County administrative officer (“County Administrative Officer”), and the San Luis Obispo County Auditor-Controller (“County Auditor”); and WHEREAS, the Oversight Board to the Successor Agency to the Community Redevelopment Agency of Atascadero has approved the Long-Range Property Management Plan; WHEREAS, the Successor Agency has approved, with an amendment from the Oversight Board, the proposed Long-Range Property Management Plan; WHEREAS, the DOF approved the Agency’s use or disposition of all of the real properties listed on the Long-Range Property Management Plan; WHEREAS, the DOF noted that Property No. 2 at 6550 El Camino Real and Property No. 7 located in the downtown area do not meet the definition of “real property” and do not need to be included in the Long-Range Property Management Plan; WHEREAS, the DOF noted that Property No. 3, No. 5, No. 6 and No. 8 are improvements made to City owned property, and because the City owns fee title to the real property on which the improvements were made, it was not necessary to list the improvements on the Long-Range Property Management Plan; and WHEREAS, the Successor Agency desires to effectuate DOF’s recommendations regarding the Long-Range Property Management Plan and to dispose of the personal property and improvements that had been erroneously listed in the plan; NOW, THEREFORE, BE IT RESOLVED by the Oversight Board of the Successor Agency to the Community Redevelopment Agency of Atascadero as follows: Section 1. The Oversight Board hereby acknowledges and concurs with the DOF’s response (Exhibit A) to the Long-Range Property Management Plan (Exhibit B). ITEM NUMBER: OB B-2 DATE: 02-24-14 ATTACHMENT: 1 2 Section 2. The Oversight Board hereby directs the Successor Agency, pursuant to Section 34181 (a) of the California Health and Safety Code, to transfer to the City of Atascadero, at no cost, the personal property and improvements identified on the Long-Range Property Management plan as Property No. 3, Property No. 5, Property No. 6, Property No. 7 and Property No. 8. Section 3. The Successor Agency, pursuant to Section 34181 (a) of the California Health and Safety Code, will contract for the demolition of the personal property identified on the Long- Range Property Management plan as Property No. 2 and will pay for such demolition as provided on the Required Obligation Payment Schedule 14-15A (ROPS 14-15A), if and when this item on the ROPS 14-15A is approved by the DOF. PASSED AND ADOPTED by the Oversight Board of the Successor Agency to the Community Redevelopment Agency of Atascadero on the 24th day of February 2014, by the following vote: AYES: NOES: ABSENT: ADOPTED: OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE COMMUNITY REDEVELOPMENT AGENCY OF ATASCADERO By: ________________________________ Roberta Fonzi, Chairperson ATTEST: ___________________________________ Marcia McClure Torgerson, Board Secretary ITEM NUMBER: OB B-2 DATE: 2-24-14 ATTACHMENT: 1 EXHIBIT: A ITEM NUMBER: OB B-2 DATE: 2-24-14 ATTACHMENT: 1 EXHIBIT: A LONG-RANGE PROPERTY MANAGEMENT PLAN CITY OF ATASCADERO SUCCESSOR AGENCY JUNE 2013 Prepared By: KOSMONT COMPANIES 865 S. Figueroa Street, #3500 Los Angeles, CA 90017 Telephone: (213) 417-3300 www.kosmont.com ITEM NUMBER: OB B-2 DATE: 2-24-14 ATTACHMENT: 1 EXHIBIT: B Long-Range Property Management Plan City of Atascadero Successor Agency June 2013 Page 2 of 14 Table of Contents Section Page 1.0 Introduction ........................................................................................................................ 3 2.0 Long-Range Property Management Plan ......................................................................... 4 Asset #1: 6901 El Camino Real ........................................................................................... 7 Asset #2: Portable Building .................................................................................................. 7 Asset #3: Parking Lot Paving ............................................................................................... 8 Asset #4: Construction Access Easement ........................................................................... 9 Asset #5: Sunken Garden Improvements .......................................................................... 10 Asset #6: Zoo Improvements ............................................................................................. 11 Asset #7: Wayfinding Signs ............................................................................................... 12 Asset #8: Maiden Statue Repairs ....................................................................................... 13 3.0 Appendices ....................................................................................................................... 14 ITEM NUMBER: OB B-2 DATE: 2-24-14 ATTACHMENT: 1 EXHIBIT: B Long-Range Property Management Plan City of Atascadero Successor Agency June 2013 Page 3 of 14 1.0 Introduction 1.1 Background & Purpose Health and Safety Code Section 34191.5, added by AB 1484 (signed into law on June 27, 2012), requires each Successor Agency (“SA”) to prepare and approve a Long-Range Property Management Plan (“LRPMP”) that addresses the disposition and use of the real properties of the former redevelopment agency. Properties held by a successor agency cannot be disposed of until the State Department of Finance (“DOF”) has approved the LRPMP. This document is the LRPMP for the Successor Agency to the former Atascadero Community Redevelopment Agency. 1.2 Successor Agency Asset Summary There are eight (8) assets owned and controlled by the Successor Agency. Only one of the assets (Asset #1 in the list that follows) is a property that includes fee simple land. This property is designated to be liquidated through a disposition process. The remaining seven (7) assets include one (1) easement agreement and six (6) property improvements that are located on property owned by the City of Atascadero. # Address/Description APN Purpose Public Econ. Dev. Liquid. Enf. Oblig. 1 Property: 6907 El Camino Real 029-361-045 X 2 Improvements: Portable Building N/A X 3 Improvements: Parking Lot Paving N/A X 4 Easement: Construction Access N/A X 5 Improvements: Sunken Garden N/A X 6 Improvements: Zoo N/A X 7 Signage: Wayfinding Signs N/A X 8 Improvements: Maiden Statue Repairs N/A X ITEM NUMBER: OB B-2 DATE: 2-24-14 ATTACHMENT: 1 EXHIBIT: B Long-Range Property Management Plan City of Atascadero Successor Agency June 2013 Page 4 of 14 2.0 Long-Range Property Management Plan (PMP) Asset #1: 6901 El Camino Real Parcel Data – Asset #1 Address 6907 El Camino Real APN 029-361-045 Lot Size 2.26 acres Use Temporary City Hall Zoning DC (Downtown Commercial) General Plan Downtown (D) Current Title Former Redevelopment Agency Building Commercial building, currently used as a temporary City Hall facility; 31,436 square feet ITEM NUMBER: OB B-2 DATE: 2-24-14 ATTACHMENT: 1 EXHIBIT: B Long-Range Property Management Plan City of Atascadero Successor Agency June 2013 Page 5 of 14 Acquisition & Valuation Information – Asset #1 Purchase Date 12/21/2004 Purchase Price $2,984,661 (includes improvement and rehabilitation costs) Funding Source Tax increment / public Purpose Revitalization: Improvement of Retail District Estimate of Current Value $1.26 to $1.63 million Method of Valuation Broker Opinion of Value provided by Kosmont Realty Corp. ITEM NUMBER: OB B-2 DATE: 2-24-14 ATTACHMENT: 1 EXHIBIT: B Long-Range Property Management Plan City of Atascadero Successor Agency June 2013 Page 6 of 14 Revenues Generated by Property & Contractual Requirements – Asset #1 City / Successor Agency Lease Agreement In May 2005, a Lease Agreement was entered into between City of Atascadero and Atascadero Community Redevelopment Agency (CRA) for the temporary City Hall for a four year term. In February 2010, the City and CRA entered into another Lease Agreement for the temporary City Hall for the period of March 1, 2010 and expired on December 31, 2012. The Agreement continues today on a month-to-month basis. The consideration for the lease is $31,133.00 per month which was paid by the City to the CRA and to the Successor Agency of the CRA. The City received from the Federal Emergency Management Agency (FEMA) reimbursement for the rental payments that the City paid to CRA and to the Successor Agency. There is currently a dispute between the City and FEMA regarding the reimbursement payments which may impact the disposition of the sale proceeds of the temporary City Hall. History of Environmental Contamination or Remediation Efforts – Asset #1 None No history of contamination, designation as Brownfield site, or remediation Transit-Oriented Development & Advancement of Agency Planning Objectives – Asset #1 Potential for TOD Not applicable Agency Planning Objectives Continued public service as temporary City Hall for next 3 – 9 months, then disposition to-be-selected private owner that will attract retail user(s) Recommendation for Disposition – Asset #1 Dispose to Private Buyer Continued public service as temporary City Hall for next 3 – 9 months, then disposition to an owner that will attract retail user(s) which conforms to the adjacent uses in downtown Atascadero. In light of the pending dispute with FEMA regarding the temporary City Hall, the Recommendation is that the temporary City Hall be sold and that the sale proceeds be distributed to affected taxing agencies per AB 1484. Asset #2: Improvements – Portable Building ITEM NUMBER: OB B-2 DATE: 2-24-14 ATTACHMENT: 1 EXHIBIT: B Long-Range Property Management Plan City of Atascadero Successor Agency June 2013 Page 7 of 14 Asset Data – Asset #2 Address 6550 El Camino Real Current Title Improvements: Former Redevelopment Agency Land: City of Atascadero Building/Size Portable building, currently vacant; approximately 590 square feet Acquisition & Valuation Information – Asset #2 Purchase Date 3/24/2009 Purchase Price $10,400 Funding Source Tax increment / public Purpose Office space originally used for Chamber of Commerce and subsequently used by Main Street, a non-profit corporation. Estimate of Current Value $0 (or salvage value less removal/demolition costs); based on outdated condition of structure and need to remove it from City- owned property. Revenues Generated by Property & Contractual Requirements – Asset #2 City / Successor Agency Lease Agreement There is currently no active lease for the portable building which the Successor Agency controls and is located on City-owned property. The City desires that the building be removed from the property which will require the Successor Agency to pay the cost of having it demolished. This cost of demolition is estimated at $9,750. Recommendation for Disposition – Asset #2 Demolish This asset is beyond its intended period of utilization and needs to be demolished so that it no longer occupies City of Atascadero-owned land. The Successor Agency will need to fund the cost of demolition so that the City-owned property can return to its previous state prior to the Successor Agency-owned improvement being located there. The Successor Agency intends to include the cost of removal/demolition on the January – June 2014 Recognized Obligation Payment Schedule (ROPS). ITEM NUMBER: OB B-2 DATE: 2-24-14 ATTACHMENT: 1 EXHIBIT: B Long-Range Property Management Plan City of Atascadero Successor Agency June 2013 Page 8 of 14 Asset #3: Improvements – Parking Lot Paving Asset Data – Asset #3 Address 6005 EL Camino Real Current Title Land: City of Atascadero Improvements Asphalt paving on City-owned parking lot (approximately 16,000 square feet) Acquisition & Valuation Information – Asset #3 Improvement Date 1/5/2005 Improvement Price $215,944 Funding Source Tax increment / public Purpose Maintenance of parking lot that supports Downtown amenities Estimate of Current Value $0 (based on inability to sell on open market and ongoing maintenance costs) Revenues Generated by Property & Contractual Requirements – Asset #3 City / Successor Agency Agreement There is no revenue generated from the Successor Agency-owned improvements. There is an annual maintenance cost in the range of $2,500 annually and approximately $15,000 every 7 to 8 years for major maintenance. Recommendation for Disposition – Asset #3 Transfer to City as Public Use This asset is installed as an affixed improvement to the underlying land asset. As such it would have no value in the open market net of removal and replacement costs. The asphalt cover has ongoing maintenance costs. The City of Atascadero desires to take ownership of these improvements “as is” and will be responsible for ongoing maintenance and eventual replacement of the improvements. ITEM NUMBER: OB B-2 DATE: 2-24-14 ATTACHMENT: 1 EXHIBIT: B Long-Range Property Management Plan City of Atascadero Successor Agency June 2013 Page 9 of 14 Asset #4: Easement – Construction Access Asset Data – Asset #4 Address Atascadero Creek Reservation #3 Current Title Land: City of Atascadero Easement Right to use property owned by the City of Atascadero Acquisition & Valuation Information – Asset #4 Easement Date 6/28/2006 Easement Price $60,000 Funding Source Tax increment / public Purpose Access to neighboring bridge to conduct repairs. Estimate of Current Value $0 (based on inability to sell a property specific easement for access to bridge for construction purposes). Revenues Generated by Property & Contractual Requirements – Asset #4 City / Successor Agency Agreement There is no revenue generated from the easement held by the Successor Agency. Recommendation for Disposition – Asset #4 Discontinue Easement This asset would have no value in the open market and therefore it is best the easement be vacated in order to minimize confusion on the title to the City of Atascadero-owned property. ITEM NUMBER: OB B-2 DATE: 2-24-14 ATTACHMENT: 1 EXHIBIT: B Long-Range Property Management Plan City of Atascadero Successor Agency June 2013 Page 10 of 14 Asset #5: Improvements – Sunken Gardens Asset Data – Asset #5 Address 6505 El Camino Real Current Title Land: City of Atascadero Improvements Improvements to a City of Atascadero-owned park Acquisition & Valuation Information – Asset #5 Improvement Date 12/3/2005 Improvement Price $1,242,766 Funding Source Tax increment / public Purpose Improvements to a City-owned park that is located in the former Project Area such as sidewalk, streetscape, turf and irrigation improvements. Estimate of Current Value Improvements: $0 (based on inability to sell on open market and ongoing maintenance costs) Revenues Generated by Property & Contractual Requirements – Asset #5 City / Successor Agency Agreement There is no revenue generated from the Successor Agency-owned improvements. There is an annual maintenance cost in the range of $5,000, which is a proportional component of the $180,000 in total spent annually to maintain the park. Recommendation for Disposition – Asset #5 Transfer to City as Public Use This asset would have no value in the open market and has ongoing maintenance costs. The City of Atascadero desires to take ownership of these improvements “as is” and will be responsible for ongoing maintenance and eventual replacement of the improvements which are on City-owned land. ITEM NUMBER: OB B-2 DATE: 2-24-14 ATTACHMENT: 1 EXHIBIT: B Long-Range Property Management Plan City of Atascadero Successor Agency June 2013 Page 11 of 14 Asset #6: Improvements – Zoo Asset Data – Asset #6 Address 9100 Morro Rd Current Title Land: City of Atascadero Improvements Improvements to a City of Atascadero-owned zoo including entrance and restroom. Acquisition & Valuation Information – Asset #6 Improvement Date Entrance: 1/11/2010; Restroom: 9/4/2009 Improvement Price $1,097,012 Funding Source Tax increment / public Purpose Improving a City-owned zoo located adjacent to the former Project Area Estimate of Current Value Improvements: $0 (based on inability to sell on open market and ongoing maintenance costs) Revenues Generated by Property & Contractual Requirements – Asset #6 City / Successor Agency Agreement There is no revenue generated from the Successor Agency-owned improvements. Annual maintenance costs are approximately $29,000. Recommendation for Disposition – Asset #6 Transfer to City as Public Use This asset which is affixed to City-owned land would have no value in the open market and has ongoing maintenance costs. The City of Atascadero desires to take ownership of these improvements “as is” and will be responsible for ongoing maintenance and eventual replacement of the improvements. ITEM NUMBER: OB B-2 DATE: 2-24-14 ATTACHMENT: 1 EXHIBIT: B Long-Range Property Management Plan City of Atascadero Successor Agency June 2013 Page 12 of 14 Asset #7: Improvements – Wayfinding Signs Asset Data – Asset #7 Address Located throughout downtown area Current Title Land: City of Atascadero Improvements Wayfinding signs located throughout Downtown Acquisition & Valuation Information – Asset #7 Improvement Date 12/13/2007 Improvement Price $12,082 Funding Source Tax increment / public Purpose Installation of wayfinding signs located in the former Project Area Estimate of Current Value Improvements: $0 (based on inability to sell on open market and ongoing maintenance costs) Revenues Generated by Property & Contractual Requirements – Asset #7 City / Successor Agency Agreement There is no revenue generated from the Successor Agency-owned way finding signs with annual maintenance costs in the range of $1,500. Recommendation for Disposition – Asset #8 Transfer to City as Public Use This asset would have no value in the open market and has ongoing maintenance costs. The City of Atascadero desires to take ownership of these improvements “as is” and will be responsible for ongoing maintenance and eventual replacement. ITEM NUMBER: OB B-2 DATE: 2-24-14 ATTACHMENT: 1 EXHIBIT: B Long-Range Property Management Plan City of Atascadero Successor Agency June 2013 Page 13 of 14 Asset #8: Improvements – Maiden Statue Repairs Asset Data – Asset #8 Address 6505 El Camino Real Current Title Land: City of Atascadero Improvements Repairs to a City of Atascadero-owned statue Acquisition & Valuation Information – Asset #8 Improvement Date 3/29/2007 Improvement Price $104,273 Funding Source Tax increment / public Purpose Repairing a City-owned statue located in the former Project Area Estimate of Current Value Improvements: $0 (based on inability to sell on open market and ongoing maintenance costs) Revenues Generated by Property & Contractual Requirements – Asset #8 City / Successor Agency Agreement There is no revenue generated from the Successor Agency-owned improvements with annual maintenance cost in the range of $2,000. Recommendation for Disposition – Asset #8 Transfer to City as Public Use This asset would have no value in the open market and has ongoing maintenance costs. The City of Atascadero desires to take ownership of these improvements “as is” and will be responsible for ongoing maintenance and eventual replacement. ITEM NUMBER: OB B-2 DATE: 2-24-14 ATTACHMENT: 1 EXHIBIT: B Long-Range Property Management Plan City of Atascadero Successor Agency June 2013 Page 14 of 14 3.0 Appendices Appendix A: Relevant Sections of Community Redevelopment Agency Redevelopment Plan – May, 2003 (Originally Adopted July, 1999) Section 720 – GOALS, OJECTIVES AND PROGRAMS FOR INITIAL PLAN The Agency’s goals and objectives for the initial Implementation Plan for the Atascadero Redevelopment Project shall be as follows: 720.1 Improvement of the Downtown Area which is generally bounded by Highway 101, Highway 41, Bajada Avenue and Rosario Avenue. Potential project include the following: [Subset List] Expansion of entertainment facilities in the downtown including the expansion of the existing movie theater. The Agency will encourage and target entertainment facilities in the downtown to encourage public gatherings and informal uses of public spaces. Encouragement will include marketing for targeted uses, assisting in project planning and other activities to promote private investment. The Agency will also encourage the expansion of the existing theater complex in the downtown. The goal will be to continue to have the complex a community focal point, draw people to the downtown and expand the experience they have, maintain the facility in the downtown. Addition of anchor tenants to increase activity in the downtown. This project will include the Agency assisting in the attraction of major downtown tenants to stabilize the retail mix. The Agency may assist in marketing, planning and investment consistent with the Redevelopment Plan to capture tenants that will attract people to downtown. These tenants would include restaurants, entertainment and retail that attract people by the name of business practices. Improvements of and additions to the downtown streetscape. This project includes the improvement of public infrastructure to promote a downtown pedestrian atmosphere. Improvements include new sidewalks, street trees, landscaping, benches, waste cans, signs, etc. Façade Improvements in the downtown to capitalize on Atascadero’s character and improve the retail/pedestrian atmosphere. In this project, the Agency would work with individual property owners to improve the exterior appearances of buildings. Consistent with Downtown Master Plan, a design theme will be promoted to accentuate the Atascadero Colony and improve the pedestrian, retail climate. Participation will include façade easements, loans, designs, fee wavier etc. Aggregation of sites and buildings for a major employment, office or retail user. The Agency will assist major employers in locating suitable sites. This may include joining multiple properties to provide and appropriate sized parcel. The Agency will first look to the downtown area. ITEM NUMBER: OB B-2 DATE: 2-24-14 ATTACHMENT: 1 EXHIBIT: B