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HomeMy WebLinkAboutSA_2017_01_24_Agenda PacketSPECIAL MEETING CITY OF ATASCADERO CITY COUNCIL IN THE CAPACITY OF SUCCESSOR AGENCY TO THE COMMUNITY REDEVELOPMENT AGENCY OF ATASCADERO FOR REDEVELOPMENT AND HOUSING PURPOSES1 AGENDA Tuesday, January 24, 2017 (Immediately following the City Council Regular Session) City Hall Council Chambers, 4th floor 6500 Palma Avenue Atascadero, California (Enter from Lewis Avenue) REGULAR SESSION – CALL TO ORDER: ROLL CALL: Mayor O’Malley Mayor Pro Tem Fonzi Council Member Bourbeau Council Member Moreno Council Member Sturtevant APPROVAL OF AGENDA: Roll Call A. CONSENT CALENDAR: 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. 1 of 26 1. Successor Agency Draft Action Minutes  Recommendation: Council in the capacity of the Successor Agency to the Community Redevelopment Agency of Atascadero approve the Successor Agency Draft Action Minutes of June 14, 2016, June 28, 2016, July 12, 2016, September 13, 2016, September 27, 2016, October 11, 2016, October 25, 2016 and November 8, 2016. [City Clerk] COMMUNITY FORUM: (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 and address 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 Community Forum, unless changed by the Board.) B. PUBLIC HEARINGS: None C. MANAGEMENT REPORTS: 1. Approval of Recognized Obligation Payment Schedule 17-18 July 1, 2017 – June 30, 2018  Fiscal Impact: None for this action.  Recommendation: Successor Agency Board approve the Draft Recognized Obligation Payment Schedule (ROPS) for the period of July 1, 2017 through June 30, 2018 (ROPS 17-18), including the Administrative Budget, pursuant to Health and Safety Code. [Administrative Services] BOARD ANNOUNCEMENTS AND REPORTS: (On their own initiative, the Board Members may make a brief announcement or a brief report on their own activities. Board Members may ask a question for clarification, make a referral to staff or take action to have staff place a matter of business on a future agenda. The Board may take action on items listed on the Agenda.) D. ADJOURNMENT 2 of 26 ITEM NUMBER: SA A-1 DATE: 01/24/17 Atascadero Successor Agency June 14, 2016 Page 1 of 3 SPECIAL MEETING CITY OF ATASCADERO CITY COUNCIL IN THE CAPACITY OF SUCCESSOR AGENCY TO THE COMMUNITY REDEVELOPMENT AGENCY OF ATASCADERO FOR REDEVELOPMENT AND HOUSING PURPOSES1 DRAFT MINUTES Tuesday, June 14, 2016 (Immediately following the City Council Regular Session) City Hall Council Chambers, 4th floor 6500 Palma Avenue Atascadero, California REGULAR SESSION – CALL TO ORDER: Mayor O’Malley called the meeting to order at 8:59 p.m. ROLL CALL: Present: Council Members Fonzi, Sturtevant, Mayor Pro Tem Moreno, and Mayor O’Malley Absent: Council Member Kelley Others Present: City Clerk 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. 3 of 26 ITEM NUMBER: SA A-1 DATE: 01/24/17 Atascadero Successor Agency June 14, 2016 Page 2 of 3 Staff Present: City Manager Rachelle Rickard, Administrative Services Director Jeri Rangel, Community Development Director Phil Dunsmore, Public Works Director Nick DeBar, Police Chief Jerel Haley, Fire Chief Kurt Stone, City Attorney Brian Pierik, and Deputy City Manager Lara Christensen. APPROVAL OF AGENDA: MOTION: By Council Member Sturtevant and seconded by Mayor Pro Tem Moreno to: 1. Approve this agenda; and, 2. Waive the reading in full of all ordinances appearing on this agenda, and the titles of the ordinances will be read aloud by the City Clerk at the first reading, after the motion and before the City Council votes. Motion passed 4:0 by a roll-call vote. A. CONSENT CALENDAR: 1. Successor Agency Draft Action Minutes – January 26, 2016  Recommendation: Council in the capacity of the Successor Agency to the Community Redevelopment Agency of Atascadero approve the Successor Agency Draft Action Minutes of January 26, 2016. [City Clerk] MOTION: By Mayor Pro Tem Moreno and seconded by Council Member Fonzi to approve the Consent Calendar. Motion passed 4:0 by a roll-call vote. COMMUNITY FORUM: None B. PUBLIC HEARINGS: None C. MANAGEMENT REPORTS: 1. Suspension of Creekside Building RFQ Process  Fiscal Impact: If the Successor Agency is eventually successful in selling the Creekside Building to the developer, there would be an overall expected savings for the Successor Agency.  Recommendations: Successor Agency Board: 4 of 26 ITEM NUMBER: SA A-1 DATE: 01/24/17 Atascadero Successor Agency June 14, 2016 Page 3 of 3 1. Approve the suspension of the Request for Qualifications (RFQ) process for a real estate broker to facilitate the disposition of the Creekside Building; and 2. Direct staff to take all actions necessary to enter into negotiations with Pacific Management and Development Corporation and, if negotiations prove successful, return to the Successor Agency with a purchase and sale agreement for the property that will be re viewed and acted on by the Agency Board. [Administrative Services] City Manager Rachelle Rickard introduced Scott Goldsmith of Pacific Management and Development Corporation who explained his plans for the building. City Manager Rickard answered questions from the Council. PUBLIC COMMENT: None MOTION: By Mayor Pro Tem Moreno and seconded by Council Member Sturtevant to: 1. Approve the suspension of the Request for Qualifications (RFQ) process for a real estate broker to facilitate the disposition of the Creekside Building; and 2. Direct staff to take all actions necessary to enter into negotiations with Pacific Management and Development Corporation and, if negotiations prove successful, return to the Successor Agency with a purchase and sale agreement for the property that will be reviewed and acted on by the Agency Board. Motion passed 4:0 by a roll-call vote. BOARD ANNOUNCEMENTS AND REPORTS: None D. ADJOURNMENT Mayor O’Malley adjourned the meeting at 9:18 p.m. MINUTES PREPARED BY: ______________________________________ Marcia McClure Torgerson, C.M.C. City Clerk 5 of 26 ITEM NUMBER: SA A-1 DATE: 01/24/17 SPECIAL MEETING CITY OF ATASCADERO CITY COUNCIL IN THE CAPACITY OF SUCCESSOR AGENCY TO THE COMMUNITY REDEVELOPMENT AGENCY OF ATASCADERO FOR REDEVELOPMENT AND HOUSING PURPOSES DRAFT MINUTES Tuesday, June 28, 2016 5:00 P.M. City Hall – Council Chambers 6500 Palma Avenue, Atascadero, California CLOSED SESSION SUCCESSOR AGENCY CLOSED SESSION: 5:00 P.M. Mayor O’Malley announced at 5:02 p.m. that the Council is going into Closed Session. City Manager Rickard gave a brief background on the disposition of the Creekside Building. 1. CLOSED SESSION -- PUBLIC COMMENT The following citizens spoke on this item: Roger Williams (Exhibit A). Mayor O’Malley closed the Public Comment period. 2. COUNCIL LEAVES CHAMBERS TO BEGIN CLOSED SESSION 3. CLOSED SESSION -- CALL TO ORDER a. Conference with Real Property Negotiators (Govt. Code 54956.8) 6 of 26 ITEM NUMBER: SA A-1 DATE: 01/24/17 Property: Creekside Building located at 6907 El Camino Real Agency Negotiator: City Manager Rachelle Rickard Negotiating Parties: Pacific Management & Development Corporation Under Negotiations: Price and/or terms of payment. 4. CLOSED SESSION -- ADJOURNMENT 5. COUNCIL RETURNS TO CHAMBERS 6. CLOSED SESSION -- REPORT The City Attorney reported that there was no reportable action in Closed Session. ADJOURNMENT Mayor O’Malley adjourned the meeting at 6:02 P.M. MINUTES PREPARED BY: ______________________________________ Lara K. Christensen Assistant City Clerk Exhibit A – Document submitted by Roger Williams, Public Comment 7 of 26 ITEM NUMBER: SA A-1 DATE: 01/24/17 Atascadero City Council July 12, 2016 Page 1 of 2 SPECIAL MEETING CITY OF ATASCADERO CITY COUNCIL IN THE CAPACITY OF SUCCESSOR AGENCY TO THE COMMUNITY REDEVELOPMENT AGENCY OF ATASCADERO FOR REDEVELOPMENT AND HOUSING PURPOSES Tuesday, July 12, 2016 5:00 P.M. City Hall – Council Chambers 6500 Palma Avenue, Atascadero, California DRAFT MINUTES SUCCESSOR AGENCY CLOSED SESSION: 5:00 P.M. Mayor O’Malley announced at 5:00 p.m. that the Council is going into Closed Session. Present: Council Members Kelley, Fonzi, Sturtevant, Mayor Pro Tem Moreno, and Mayor O’Malley Staff Present: City Manager Rachelle Rickard and City Attorney Brian Pierik. 1. CLOSED SESSION -- PUBLIC COMMENT - None 2. COUNCIL LEAVES CHAMBERS TO BEGIN CLOSED SESSION 3. CLOSED SESSION -- CALL TO ORDER a. Conference with Real Property Negotiators (Govt. Code 54956.8) Property: Creekside Building located at 6907 El Camino Real Agency Negotiator: City Manager Rachelle Rickard 8 of 26 ITEM NUMBER: SA A-1 DATE: 01/24/17 Atascadero City Council July 12, 2016 Page 2 of 2 Negotiating Parties: Pacific Management & Development Corporation Under Negotiations: Price and/or terms of payment. 4. CLOSED SESSION -- ADJOURNMENT 5. COUNCIL RETURNS TO CHAMBERS 6. CLOSED SESSION -- REPORT The City Attorney reported that there was no reportable action. ADJOURNMENT Mayor O’Malley adjourned the Closed Session meeting at 6:00 p.m. MINUTES PREPARED BY: ______________________________________ Marcia McClure Torgerson, C.M.C. City Clerk 9 of 26 ITEM NUMBER: SA A-1 DATE: 01/24/17 Atascadero Successor Agency September 13, 2016 Page 1 of 2 SPECIAL MEETING CITY OF ATASCADERO CITY COUNCIL IN THE CAPACITY OF SUCCESSOR AGENCY TO THE COMMUNITY REDEVELOPMENT AGENCY OF ATASCADERO FOR REDEVELOPMENT AND HOUSING PURPOSES Tuesday, September 13, 2016 5:00 P.M. City Hall – Council Chambers 6500 Palma Avenue, Atascadero, California DRAFT MINUTES SUCCESSOR AGENCY CLOSED SESSION: Mayor O’Malley announced at 5:00 p.m. that the Council is going into Closed Session. ROLL CALL: Present: Council Members Kelley, Fonzi, Sturtevant, Mayor Pro Tem Moreno, and Mayor O’Malley Absent: None Others Present: City Clerk Marcia McClure Torgerson Staff Present: City Manager Rachelle Rickard, Administrative Services Director Jeri Rangel, City Attorney Brian Pierik, and Deputy City Manager Lara Christensen. 1. CLOSED SESSION -- PUBLIC COMMENT - None 2. COUNCIL LEAVES CHAMBERS TO BEGIN CLOSED SESSION 10 of 26 ITEM NUMBER: SA A-1 DATE: 01/24/17 Atascadero Successor Agency September 13, 2016 Page 2 of 2 3. CLOSED SESSION -- CALL TO ORDER a. Conference with Real Property Negotiators (Govt. Code 54956.8) Property: Creekside Building located at 6907 El Camino Real Agency Negotiator: City Manager Rachelle Rickard Negotiating Parties: Pacific Management & Development Corporation Under Negotiations: Price and/or terms of payment. 4. CLOSED SESSION -- ADJOURNMENT 5. COUNCIL RETURNS TO CHAMBERS 6. CLOSED SESSION -- REPORT The City Attorney reported that there was no reportable action. ADJOURNMENT Mayor O’Malley adjourned the meeting at 6:04 p.m. MINUTES PREPARED BY: ______________________________________ Marcia McClure Torgerson, C.M.C. City Clerk 11 of 26 ITEM NUMBER: SA A-1 DATE: 01/24/17 Atascadero Successor Agency September 27, 2016 Page 1 of 2 SPECIAL MEETING CITY OF ATASCADERO CITY COUNCIL IN THE CAPACITY OF SUCCESSOR AGENCY TO THE COMMUNITY REDEVELOPMENT AGENCY OF ATASCADERO FOR REDEVELOPMENT AND HOUSING PURPOSES Tuesday, September 27, 2016 5:00 P.M. City Hall – Council Chambers 6500 Palma Avenue, Atascadero, California DRAFT MINUTES SUCCESSOR AGENCY CLOSED SESSION: 5:00 P.M. Mayor Pro Tem Moreno announced at 5:00 p.m. that the Council is going into Closed Session. ROLL CALL: Present: Council Members Kelley, Fonzi, Sturtevant, and Mayor Pro Tem Moreno Absent: Mayor O’Malley Others Present: City Clerk Marcia McClure Torgerson Staff Present: City Manager Rachelle Rickard, Administrative Services Director Jeri Rangel, and City Attorney Brian Pierik. 1. CLOSED SESSION -- PUBLIC COMMENT - None 2. COUNCIL LEAVES CHAMBERS TO BEGIN CLOSED SESSION 3. CLOSED SESSION -- CALL TO ORDER Mayor O’Malley arrived late due to difficulty parking. 12 of 26 ITEM NUMBER: SA A-1 DATE: 01/24/17 Atascadero Successor Agency September 27, 2016 Page 2 of 2 a. Conference with Real Property Negotiators (Govt. Code 54956.8) Property: Creekside Building located at 6907 El Camino Real Agency Negotiator: City Manager Rachelle Rickard Negotiating Parties: Pacific Management & Development Corporation Under Negotiations: Price and/or terms of payment. 4. CLOSED SESSION -- ADJOURNMENT 5. COUNCIL RETURNS TO CHAMBERS 6. CLOSED SESSION -- REPORT The City Attorney reported that there was no reportable action. ADJOURNMENT Mayor O’Malley adjourned the meeting at 5:45 p.m. MINUTES PREPARED BY: ______________________________________ Marcia McClure Torgerson, C.M.C. City Clerk 13 of 26 ITEM NUMBER: SA A-1 DATE: 01/24/17 Atascadero Successor Agency October 11, 2016 Page 1 of 2 SPECIAL MEETING CITY OF ATASCADERO CITY COUNCIL IN THE CAPACITY OF SUCCESSOR AGENCY TO THE COMMUNITY REDEVELOPMENT AGENCY OF ATASCADERO FOR REDEVELOPMENT AND HOUSING PURPOSES Tuesday, October 11, 2016 5:00 P.M. City Hall – Council Chambers 6500 Palma Avenue, Atascadero, California DRAFT MINUTES SUCCESSOR AGENCY CLOSED SESSION: 5:00 P.M. Mayor O’Malley announced at 5:00 p.m. that the Council is going into Closed Session. ROLL CALL: Present: Council Members Fonzi, Sturtevant, Mayor Pro Tem Moreno, and Mayor O’Malley Absent: Council Member Kelley Others Present: City Clerk Marcia McClure Torgerson Staff Present: City Manager Rachelle Rickard, Administrative Services Director Jeri Rangel, City Attorney Brian Pierik, and Deputy City Manager Lara Christensen. 1. CLOSED SESSION -- PUBLIC COMMENT - None 2. COUNCIL LEAVES CHAMBERS TO BEGIN CLOSED SESSION 14 of 26 ITEM NUMBER: SA A-1 DATE: 01/24/17 Atascadero Successor Agency October 11, 2016 Page 2 of 2 3. CLOSED SESSION -- CALL TO ORDER a. Conference with Real Property Negotiators (Govt. Code 54956.8) Property: Creekside Building located at 6907 El Cam ino Real Agency Negotiator: City Manager Rachelle Rickard Negotiating Parties: Pacific Management & Development Corporation Under Negotiations: Price and/or terms of payment. 4. CLOSED SESSION -- ADJOURNMENT 5. COUNCIL RETURNS TO CHAMBERS 6. CLOSED SESSION -- REPORT The City Attorney reported that there was no reportable action. ADJOURNMENT Mayor O’Malley adjourned the meeting at 5:50 p.m. MINUTES PREPARED BY: ______________________________________ Marcia McClure Torgerson, C.M.C. City Clerk 15 of 26 ITEM NUMBER: SA A-1 DATE: 01/24/17 Atascadero Successor Agency October 25, 2016 Page 1 of 2 SPECIAL MEETING CITY OF ATASCADERO CITY COUNCIL IN THE CAPACITY OF SUCCESSOR AGENCY TO THE COMMUNITY REDEVELOPMENT AGENCY OF ATASCADERO FOR REDEVELOPMENT AND HOUSING PURPOSES Tuesday, October 25, 2016 5:00 P.M. City Hall – Council Chambers 6500 Palma Avenue, Atascadero, California DRAFT MINUTES SUCCESSOR AGENCY CLOSED SESSION: 5:00 P.M. Mayor O’Malley announced at 5:00 p.m. that the Council is going into Closed Session. ROLL CALL: Present: Council Members Kelley, Fonzi, Sturtevant, Mayor Pro Tem Moreno, and Mayor O’Malley Absent: None Others Present: City Clerk Marcia McClure Torgerson Staff Present: City Manager Rachelle Rickard, Administrative Services Director Jeri Rangel, City Attorney Brian Pierik, and Deputy City Manager Lara Christensen. 1. CLOSED SESSION -- PUBLIC COMMENT - None 2. COUNCIL LEAVES CHAMBERS TO BEGIN CLOSED SESSION 16 of 26 ITEM NUMBER: SA A-1 DATE: 01/24/17 Atascadero Successor Agency October 25, 2016 Page 2 of 2 3. CLOSED SESSION -- CALL TO ORDER a. Conference with Real Property Negotiators (Govt. Code 54956.8) Property: Creekside Building located at 6907 El Camino Real Agency Negotiator: City Manager Rachelle Rickard Negotiating Parties: Pacific Management & Development Corporation Under Negotiations: Price and/or terms of payment. 4. CLOSED SESSION -- ADJOURNMENT 5. COUNCIL RETURNS TO CHAMBERS 6. CLOSED SESSION -- REPORT The City Attorney reported that there was no reportable action. ADJOURNMENT Mayor O’Malley adjourned the meeting at 6:02 p.m. MINUTES PREPARED BY: ______________________________________ Marcia McClure Torgerson, C.M.C. City Clerk 17 of 26 ITEM NUMBER: SA A-1 DATE: 01/24/17 Atascadero Successor Agency November 8, 2016 Page 1 of 2 SPECIAL MEETING CITY OF ATASCADERO CITY COUNCIL IN THE CAPACITY OF SUCCESSOR AGENCY TO THE COMMUNITY REDEVELOPMENT AGENCY OF ATASCADERO FOR REDEVELOPMENT AND HOUSING PURPOSES Tuesday, November 8, 2016 Immediately Following Regular Session of the City Council Meeting of November 8, 2016 City Hall – Council Chambers 6500 Palma Avenue, Atascadero, California DRAFT MINUTES SUCCESSOR AGENCY CLOSED SESSION: Immediately Following Regular Session of the City Council Mayor O’Malley announced at 7:00 p.m. that the Council is going into Closed Session. ROLL CALL: Present: Council Members Kelley, Fonzi, Sturtevant, Mayor Pro Tem Moreno, and Mayor O’Malley Absent: None Others Present: City Clerk Marcia McClure Torgerson and City Treasurer Gere Sibbach Staff Present: City Manager Rachelle Rickard, Administrative Services Director Jeri Rangel, Community Development Director Phil Dunsmore, 18 of 26 ITEM NUMBER: SA A-1 DATE: 01/24/17 Atascadero Successor Agency November 8, 2016 Page 2 of 2 Public Works Director Nick DeBar, Police Chief Jerel Haley, City Attorney Brian Pierik, and Deputy City Manager Lara Christensen. 1. CLOSED SESSION -- PUBLIC COMMENT - None 2. COUNCIL LEAVES CHAMBERS TO BEGIN CLOSED SESSION 3. CLOSED SESSION -- CALL TO ORDER a. Conference with Real Property Negotiators (Govt. Code 54956.8) Property: Creekside Building located at 6907 El Camino Real Agency Negotiator: City Manager Rachelle Rickard Negotiating Parties: Pacific Management & Development Corporation Under Negotiations: Price and/or terms of payment. 4. CLOSED SESSION -- ADJOURNMENT 5. COUNCIL RETURNS TO CHAMBERS 6. CLOSED SESSION -- REPORT The City Attorney reported that there was no reportable action. ADJOURNMENT Mayor O’Malley adjourned the meeting at 7:22 p.m. MINUTES PREPARED BY: ______________________________________ Marcia McClure Torgerson, C.M.C. City Clerk 19 of 26 ITEM NUMBER: SA C-1 DATE: 01/24/17 Successor Agency to the Community Redevelopment Agency of Atascadero Staff Report – Administrative Services Approval of Recognized Obligation Payment Schedule 17-18 July 1, 2017 - June 30, 2018 RECOMMENDATION: Successor Agency Board approve the Draft Recognized Obligation Payment Schedule (ROPS) for the period of July 1, 2017 through June 30, 2018 (ROPS 17-18), 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. On January 10, 2012 the City of Atascadero elected to become the Successor Agency to the Community Redevelopment Agency of Atascadero. AB 1484 was signed by the Governor on June 27, 2012 and further changed the process for dissolving redevelopment agencies. Pursuant to Health and Safety Code (HSC) section 34177(o)(1), commencing with the ROPS covering the period July 1, 2016 to June 30, 2017 and thereafter, agencies shall submit an oversight board approved annual ROPS to the Department of Finance (DOF) and the County Auditor-Controller by February 1, 2016 and each February 1 thereafter. The Successor Agency must report all expected obligations for the one year period starting the following July. The attached ROPS covers the period of July 1, 2017 through June 30, 2018, and is referred to as ROPS 17-18. HSC section 34171 provides an administrative cost allowance for the successor agencies to carry out wind-down activities of the former redevelopment agencies and to administer the Oversight Board. The annual amount shall be not less than $250,000, unless certain conditions apply. 20 of 26 ITEM NUMBER: SA C-1 DATE: 01/24/17 HSC 34171 (in part) states: “(b) (3) Commencing July 1, 2016, and for each fiscal year thereafter, the administrative cost allowance shall be up to 3 percent of the actual property tax distributed to the successor agency by the county auditor-controller in the preceding fiscal year for payment of approved enforceable obligations, reduced by the successor agency's administrative cost allowance and loan repayments made to the city, county, or city and county that created the redevelopment agency that it succeeded pursuant to subdivision (b) of Section 34191.4 during the preceding fiscal year. However, the administrative cost allowance shall not be less than two hundred fifty thousand dollars ($250,0 00) in any fiscal year, unless this amount is reduced by the oversight board or by agreement between the successor agency and the department.” Given the expected level of maintenance and close -out activities, the Agency is requesting only $130,330 in Administrative Allowance for fiscal year 2017-2018. The Draft ROPS 17-18 estimates that $1,826,284 in Redevelopment Property Tax Trust Fund (RPTTF) funding will be needed for the July 1, 2017 through June 30, 2018 period. Once approved by the Successor Agency Board, the ROPS 17-18, including the Administrative Budget, will be submitted for approval to the Oversight Board, the County Auditor-Controller, the State Controller and the DOF. The DOF will have until April 15th to review the ROPS and to object to items that do not meet the definition of an Enforceable Obligation. FISCAL IMPACT: None for this action. The purpose of approving the Draft Recognized Obligation Schedules is to ensure that the City acting as Successor Agency will be able to make certain payments for obligations of the former RDA. ATTACHMENTS: 1. Draft Recognized Obligation Payment Schedule (ROPS) for the period of July 1, 2017 through June 30, 2018 2. Successor Agency Proposed Administrative Allowance Budget- July 1, 2017 through June 30, 2018 21 of 26 Successor Agency:Atascadero County:San Luis Obispo Current Period Requested Funding for Enforceable Obligations (ROPS Detail) 17-18A Total (July - December) 17-18B Total (January - June) ROPS 17-18 Total A 1,003,258$ 233,764$ 1,237,022$ B - - - C 606,612 233,764 840,376 D 396,646 - 396,646 E 763,254$ 1,063,030$ 1,826,284$ F 698,089 997,865 1,695,954 G 65,165 65,165 130,330 H Current Period Enforceable Obligations (A+E):1,766,512$ 1,296,794$ 3,063,306$ Name Title /s/ Signature Date Administrative RPTTF 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 successor agency. Recognized Obligation Payment Schedule (ROPS 17-18) - Summary Filed for the July 1, 2017 through June 30, 2018 Period Enforceable Obligations Funded as Follows (B+C+D): RPTTF Redevelopment Property Tax Trust Fund (RPTTF) (F+G): Bond Proceeds Reserve Balance Other Funds Item Number: SA C-1 Date: 01/24/17 Attachment: 1 22 of 26 A B C D E F G H I J K L M N O P Q R S T U V W Bond Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF Bond Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF $ 48,977,041 $ 3,063,306 $ - $ 606,612 $ 396,646 $ 698,089 $ 65,165 $ 1,766,512 $ - $ 233,764 $ - $ 997,865 $ 65,165 $ 1,296,794 1 2010 Reimbursement/ Bond Bonds Issued On or Before 9/1/2010 10/1/2040 City of Atascadero (then Debt Service on 2010 Bonds 29,125,369 N $ 974,830 196,646 410,324 $ 606,970 367,860 $ 367,860 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 72,500 N $ 2,750 2,750 $ 2,750 - $ - 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 15,894,243 N $ 1,679,546 606,612 233,765 $ 840,377 233,764 605,405 $ 839,169 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 54,250 N $ 2,650 2,650 $ 2,650 $ - 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 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 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 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 1,575,000 N $ 130,330 65,165 $ 65,165 65,165 $ 65,165 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) 142,816 N $ 15,000 15,000 $ 15,000 $ - 12 Maintenance of Creekside Building Property Maintenance 2/23/2010 1/1/2099 Various vendors Maintenance of Creekside Building 312,755 N $ 57,200 32,600 $ 32,600 24,600 $ 24,600 123 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 397,933 N $ 200,000 200,000 $ 200,000 $ - 124 Historic City Hall Earthquake Repair/Rehab Project Improvement/Infrastructure 1/1/2014 1/1/2099 FEMA FEMA grant adjustments N 125 Historic City Hall Earthquake Repair/Rehab Project Improvement/Infrastructure 1/1/2014 1/1/2099 CalOES Cal OES grant adjustments N 126 Demolition of RDA portable building Property Dispositions 1/1/2099 1/1/2099 Unknown Demolition of RDA portable building 20,000 N $ - $ - $ - 127 Lease for former Chamber building Property Maintenance 5/1/2009 1/1/2099 City of Atascadero Lease of Land that RDA portable sits on 2,000 N $ 1,000 1,000 $ 1,000 $ - 128 Historic City Hall Earthquake Repair/Rehab Project Bonds Issued On or Before 12/31/10 1/1/2099 1/1/2099 Unknown Historic City Hall Earthquake Repair/Rehab Project: Exterior Lighting Package - N $ - $ - $ - 129 Master Agreement with City Bond Funded Project – Pre- 2011 1/1/2099 1/1/2099 City of Atascadero Remaining Bond Funds including activity related to Historic City Hall Earthquake Repair/Rehab - N $ - $ - $ - 130 Maintenance of former Chamber Building Property Maintenance 5/1/2009 1/1/2099 Various vendors Securing/repairing building from vagrants and graffiti N 131 Historic City Hall Earthquake Repair/Rehab Project Bonds Issued On or Before 12/31/10 12/22/2003 6/30/2014 Various vendors Historic City Hall Earthquake Repair/Rehab Project: FEMA determination of eligible costs reclassification from "Other" invoices to "Bond Proceeds" - N $ - $ - $ - 132 2010 Reimbursement/ Bond Financing agreement with City of Atascadero1 Bonds Issued On or Before 12/31/10 11/1/2015 6/30/2017 Wildan Financial Arbitrage calculation required by bond covenants 5,000 N $ - $ - $ - 133 N $ - $ - $ - 134 N $ - $ - $ - Fund Sources Fund Sources Contract/Agreement Termination Date ROPS 17-18 Total 17-18B (January - June) 17-18A Total Atascadero Recognized Obligation Payment Schedule (ROPS 17-18) - ROPS Detail July 1, 2017 through June 30, 2018 (Report Amounts in Whole Dollars) Item #Payee Description/Project Scope Project Area Total Outstanding Debt or Obligation Retired 17-18A (July - December) 17-18B Total Project Name/Debt Obligation Obligation Type Contract/Agreement Execution Date Item Number: SA C-1 Date: 01/24/17 Attachment: 1 23 of 26 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 RPTTF balances retained Prior ROPS RPTTF distributed as reserve for future period(s) Rent, grants, interest, etc. Non-Admin and Admin ROPS 15-16B Actuals (01/01/16 - 06/30/16) 1 Beginning Available Cash Balance (Actual 01/01/16) 2,145,125 - - 500,201 (757,150) 42,713 2 Revenue/Income (Actual 06/30/16) RPTTF amounts should tie to the ROPS 15-16B distribution from the County Auditor-Controller during January 2016 3,577 595,562 1,347,110 1,044,878 Column G includes transfer from Bond Proceeds (Column C) for FEMA grant closeout. Column G also includes FEMA and OES revenues received Column F includes transfer RPTTF per bond covenants 3 Expenditures for ROPS 15-16B Enforceable Obligations (Actual 06/30/16) 1,269,235 248,706 193,314 1,074,841 Column C includes transfer to Other (column G) for FEMA grant closed as authorized on 15-16B 4 Retention of Available Cash Balance (Actual 06/30/16) RPTTF amount retained should only include the amounts distributed as reserve for future period(s) 879,467 847,057 200,000 Column C = Cash with Fiscal Agent Column F = Required cash oh hand per bond covenants Column G = Amounts reported on ROPS 16-17 as coming from other funds 5 ROPS 15-16B RPTTF Balances Remaining No entry required - 6 Ending Actual Available Cash Balance C to G = (1 + 2 - 3 - 4), H = (1 + 2 - 3 - 4 - 5) -$ -$ -$ -$ 196,646$ 12,750$ Atascadero Recognized Obligation Payment Schedule (ROPS 17-18) - 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. For tips on how to complete the Report of Cash Balances Form, see Cash Balance Tips Sheet. Fund Sources Comments Bond Proceeds Reserve Balance Cash Balance Information by ROPS Period Item Number: SA C-1 Date: 01/24/17 Attachment: 1 24 of 26 Item #Notes/Comments ROPS Detail #1 The total debt service payment for the 17-18A period is $606,970. However according to the Cash Balance worksheet there is $196,646 in Other Funds available to assist with required payments, thus we split the debt service payments between Other (clearing out the available balance) and RPTTF (the remaining amount needed for the debt service payment) ROPS Detail #11 The association for the CC&R for common maintenance of the Creekside Building is not consistent in their billing practices. We are unable to predict which period the bill may fall into at this time. We are reporting it only in the first period as to not duplicate expenditures, however it may occur in the second or even another year. This is a timing issue. ROPS Detail #123 We are unsure as to when the Creekside Building will sell and thus are unable to acurately predict when the cost of sale will be incurred. We are reporting the expenditure only in the first period as to not duplicate expenditures; however the sale may take place at some other time. These expenditures are already accounted for as retained under Column G of the Cash Balance worksheet. Atascadero Recognized Obligation Payment Schedule (ROPS 17-18) - Notes July 1, 2017 through June 30, 2018 Item Number: SA C-1 Date: 01/24/17 Attachment: 1 25 of 26 PROGRAM BUDGETS Successor Agency Administrative Allowance FUND CODE 880 620.0000 EXPENSE July 2017 - June 2018 CLASSIFICATION DESCRIPTION BASIS AMOUNT Office Expense Postage, printing, copying, business cards, and office supplies Estimated 500$ Advertising Public hearing notices for successor agency and oversight board items Estimated 500 Insurance- Successor Agency activities Allocated portion of liability insurance costs. Covers successor agency activities, but does not include coverage of the Oversight Board Allocated 11,340 Operating Supplies Items needed for general successor agency and oversight board activities Estimated 160 Attorney services Attorney services for successor agency activities Estimated 20,000 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 2,500 Staff Time: Project closeout /asset management & disposal support Project closeout, oversight of sales and marketing of creekside building, creekside building management Allocated 31,900 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 24,320 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 9,120 Item Number: SA C-1 Date: 01/24/17 Attachment: 2 26 of 26