HomeMy WebLinkAboutSA_2019_01_08 AgendaPacket1 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.
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 8, 2019
(Immediately following the conclusion
of 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: Immediately following
the conclusion of the City
Council Regular Session
ROLL CALL: Mayor Moreno
Mayor Pro Tem Bourbeau
Council Member Fonzi
Council Member Funk
Council Member Newsom
APPROVAL OF AGENDA: Roll Call
A. CONSENT CALENDAR:
1. Successor Agency Draft Minutes – May 8, 2018
Recommendation: Council, in the capacity of the Successor Agency to
the Community Redevelopment Agency of Atascadero, approve the
Successor Agency Draft Action Minutes of May 8, 2018. [City Clerk]
Page 1 of 10
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 19-20 July 1, 2019 -
June 30, 2020
Fiscal Impact: None.
Recommendation: Successor Agency Board approve the Draft
Recognized Obligation Payment Schedule (ROPS) for the period of
July 1, 2019 through June 30, 2020 (ROPS 19 -20) 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. ADJOURN
Page 2 of 10
ITEM NUMBER: SA A-1
DATE: 01/08/19
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.
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, May 8, 2018
(Immediately following the conclusion
of 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: Immediately following
the conclusion of the City
Council Regular Session
Mayor O’Malley called the meeting to order at 9:20 p.m.
ROLL CALL:
Present: Council Members Bourbeau, Moreno, Sturtevant, Mayor Pro Tem
Fonzi and Mayor O’Malley
Absent: None
Staff Present: City Manager Rachelle Rickard, Administrative Services Director
Jeri Rangel, Public Works Director Nick Debar, Police Chief Jerel
Haley, Community Development Director Phil Dunsmore, Fire Chief
Casey Bryson, City Attorney Brian Pierik, Deputy City Manager/City
Clerk Lara Christensen
Page 3 of 10
ITEM NUMBER: SA A-1
DATE: 01/08/19
APPROVAL OF AGENDA:
MOTION: By Council Member Bourbeau and seconded by Council
Member Sturtevant to approve the agenda.
Motion passed 5:0 by a roll-call vote.
A. CONSENT CALENDAR:
1. Successor Agency Draft Minutes – January 9, 2018
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 9, 2018. [City Clerk]
MOTION: By Council Member Moreno and seconded by Mayor Pro Tem
Fonzi to approve the Consent Calendar.
Motion passed 5:0 by a roll-call vote.
COMMUNITY FORUM:
The following citizens spoke during Community Forum: None.
Mayor O’Malley closed the COMMUNITY FORUM period.
B. PUBLIC HEARINGS: None.
C. MANAGEMENT REPORTS:
1. Agreement Authorizing the Repayment of Loans Made to the
Redevelopment Agency from the City
Fiscal Impact: This action by the Successor Agency will provide
repayment to the City in the amount of $180,000 in Fiscal Year 2019-20.
Recommendation: Successor Agency adopt Resolution approving an
“Agreement Regarding Reinstatement of Loans,” between the Successor
Agency to the Redevelopment Agency of the City of Atascadero and the
City of Atascadero authorizing the repayment of loans made from the City
to the Redevelopment Agency and, following approval by the Oversight
Board to the Successor Agency, direct the City Manager to execute the
agreement. [Administrative Services]
Administrative Services Director Rangel gave the presentation and answered questions
from the Council.
PUBLIC COMMENT:
The following citizens spoke on this item: None.
Mayor O’Malley closed the Public Comment period.
Page 4 of 10
ITEM NUMBER: SA A-1
DATE: 01/08/19
MOTION: By Mayor Pro Tem Fonzi and seconded by Council Member
Moreno to adopt Resolution No. SA2018-002 approving an
“Agreement Regarding Reinstatement of Loans,” between the
Successor Agency to the Redevelopment Agency of the City of
Atascadero and the City of Atascadero authorizing the repayment
of loans made from the City to the Redevelopment Agency and,
following approval by the Oversight Board to the Successor
Agency, direct the City Manager to execute the agreement.
Motion passed 5:0 by a roll-call vote.
BOARD ANNOUNCEMENTS AND REPORTS: None.
D. ADJOURN
Mayor O’Malley adjourned the meeting at 9:25 p.m.
MINUTES PREPARED BY:
______________________________________
Lara K. Christensen
Deputy City Manager / City Clerk
APPROVED:
Page 5 of 10
ITEM NUMBER: SA C-1
DATE: 01/08/19
Successor Agency to the Community
Redevelopment Agency of Atascadero
Staff Report – Administrative Services
Approval of
Recognized Obligation Payment Schedule 19-20
July 1, 2019 - June 30, 2020
RECOMMENDATION:
Successor Agency Board approve the Draft Recognized Obligation Payment Schedule
(ROPS) for the period of July 1, 2019 through June 30, 2020 (ROPS 19-20) 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 e stablished 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, 2019
through June 30, 2020, and is referred to as ROPS 19-20.
In accordance with redevelopment dissolution law, in May of 2018, the Successor
Agency approved beginning re-payments to the City of Atascadero for amounts
originally loaned from the City to the Redevelopment Agency. The loans totaling
$1,375,174.54 were for start-up costs for the Redevelopment Agency and an early
Page 6 of 10
ITEM NUMBER: SA C-1
DATE: 01/08/19
redevelopment project which caused the re-location of an adult oriented business from
the downtown. The loan re-payment schedule approved by the Successor Agency and
Oversight Board calls for debt service payments beginning in July of 2019.
The Department of Finance did end up rejecting the loan repayment agreement,
however the re-payments are included on the proposed ROPS. The repayments must
be included on a ROPS, then rejected by DOF in order for the Successor Agency to
participate in the meet and confer process. The meet and confer process would allow
Successor Agency representatives to meet with DOF representatives to discuss the
loan agreement.
Given the expected level of maintenance and close-out activities, the Agency is
requesting only $31,680 in Administrative Allowance for fiscal year 2019-2020.
The Draft ROPS 19-20 estimates that $1,931,959 in Redevelopment Property Tax Trust
Fund (RPTTF) funding will be needed for the July 1, 2019 through June 30, 2020
period.
Once approved by the Successor Agency Board, the ROPS 19-20 will be submitted for
approval to the Countywide Oversight Board. Once approved by the Countywide
Oversight Board, it will be submitted to the County Auditor-Controller, the State
Controller, and the DOF. The DOF will have until April 15th to review the ROPS and to
object to items that do not meet the definition of an Enforceable Obligation .
FISCAL IMPACT:
None for this action. The purpose of approving the Draft Recognized Obligation
Schedules is to ensure that the City acting as Successor Agency will be able to make
certain payments for obligations of the former RDA.
ATTACHMENT:
Draft Recognized Obligation Payment Schedule (ROPS) for the period of
July 1, 2019 through June 30, 2020
Page 7 of 10
Successor Agency:Atascadero
County:San Luis Obispo
Current Period Requested Funding for Enforceable Obligations (ROPS Detail)
19-20A Total
(July - December)
19-20B Total
(January - June) ROPS 19-20 Total
A 722,426$ 216,404$ 938,830$
B - - -
C 722,426 216,404 938,830
D - - -
E 842,679$ 1,089,280$ 1,931,959$
F 826,839 1,073,440 1,900,279
G 15,840 15,840 31,680
H Current Period Enforceable Obligations (A+E):1,565,105$ 1,305,684$ 2,870,789$
Name Title
/s/
Signature Date
Recognized Obligation Payment Schedule (ROPS 19-20) - Summary
Filed for the July 1, 2019 through June 30, 2020 Period
Enforceable Obligations Funded as Follows (B+C+D):
RPTTF
Redevelopment Property Tax Trust Fund (RPTTF) (F+G):
Bond Proceeds
Reserve Balance
Other Funds
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.
ITEM NUMBER: SA C-1
DATE: 01/08/19
ATTACHMENT: 1
Page 8 of 10
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
$ 45,100,022 $ 2,870,789 $ 0 $ 722,426 $ 0 $ 826,839 $ 15,840 $ 1,565,105 $ 0 $ 216,404 $ 0 $ 1,073,440 $ 15,840 $ 1,305,684
1 2010 Reimbursement/ Bond Bonds Issued On or Before 9/1/2010 10/1/2040 City of Atascadero (then Debt Service on 2010 Bonds Atascadero #1 27,178,231 N $ 971,538 97,022 515,935 $ 612,957 358,581 $ 358,581
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 #1 101,580 N $ 5,250 2,250 $ 2,250 3,000 $ 3,000
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 14,208,545 N $ 1,680,071 625,404 216,404 $ 841,808 216,404 621,859 $ 838,263
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 58,175 N $ 2,250 2,250 $ 2,250 $ -
6 City Loan #1 entered into in 1998 City/County Loan (Prior
06/28/11), Cash exchange
11/1/1998 1/1/2099 City of Atascadero Loan for Start-up costs Atascadero #1 255,037 N $ 20,312 10,156 $ 10,156 10,156 $ 10,156
7 City Loan #2 entered into in 2001 City/County Loan (Prior
06/28/11), Cash exchange
6/28/2001 1/1/2099 City of Atascadero Revolving Loan Atascadero #1 821,776 N $ 65,446 32,723 $ 32,723 32,723 $ 32,723
8 City Loan #3 entered into in 2002 City/County Loan (Prior
06/28/11), Cash exchange
6/12/2002 1/1/2099 City of Atascadero Loan for purchase of building housing
an adult store
Atascadero #1 1,183,358 N $ 94,242 47,121 $ 47,121 47,121 $ 47,121
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 1,293,320 N $ 31,680 15,840 $ 15,840 15,840 $ 15,840
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 N $ - $ - $ -
12 Maintenance of Creekside Building Property Maintenance 2/23/2010 1/1/2099 Various vendors Maintenance of Creekside Building 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 N $ - $ - $ -
124 Historic City Hall Earthquake
Repair/Rehab Project
Improvement/Infrastructure 1/1/2014 1/1/2099 FEMA FEMA grant adjustments Atascadero #1 Y $ - $ - $ -
125 Historic City Hall Earthquake
Repair/Rehab Project
Improvement/Infrastructure 1/1/2014 1/1/2099 CalOES Cal OES grant adjustments Atascadero #1 Y $ - $ - $ -
126 Demolition of RDA portable building Property Dispositions 1/1/2099 1/1/2099 Unknown Demolition of RDA portable building Atascadero #1 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
Atascadero #1 N $ - $ - $ -
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
Atascadero #1 Y $ - $ - $ -
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
Y $ - $ - $ -
130 Maintenance of former Chamber
Building
Property Maintenance 5/1/2009 1/1/2099 Various vendors Securing/repairing building from
vagrants and graffiti
Y $ - $ - $ -
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"
Y $ - $ - $ -
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
Y $ - $ - $ -
Atascadero Recognized Obligation Payment Schedule (ROPS 19-20) - ROPS Detail
July 1, 2019 through June 30, 2020
(Report Amounts in Whole Dollars)
Item #Payee Description/Project Scope Project Area
Total Outstanding
Debt or Obligation Retired
19-20A (July - December)
19-20B
Total Project Name/Debt Obligation Obligation Type
Contract/Agreement
Execution Date
Fund Sources Fund Sources
Contract/Agreement
Termination Date
ROPS 19-20
Total
19-20B (January - June)
19-20A
Total
ITEM NUMBER: SA C-1
DATE: 01/08/19
ATTACHMENT: 1
Page 9 of 10
A B C D E F G H
Reserve Balance Other Funds RPTTF
Bonds issued on or
before 12/31/10
Bonds issued on or
after 01/01/11
Prior ROPS RPTTF
and Reserve
Balances retained
for future period(s)
Rent,
Grants,
Interest, etc.
Non-Admin
and
Admin
1 Beginning Available Cash Balance (Actual 07/01/16)
RPTTF amount should exclude "A" period distribution amount
879,467 1,244,003 12,451
2 Revenue/Income (Actual 06/30/17)
RPTTF amount should tie to the ROPS 16-17 total distribution from
the County Auditor-Controller
6,372 24,107 2,156,895
3 Expenditures for ROPS 16-17 Enforceable Obligations
(Actual 06/30/17)
26,319 8,617 2,077,283
Column C = Change in Cash with Fiscal Agent Balance
Column G = RPTTF Expend + Admin Expend + Reserve
Expend - Transfer to 2004/2005 Reserve (Line 3 of PPA)
Ties to PPA
4 Retention of Available Cash Balance (Actual 06/30/17)
RPTTF amount retained should only include the amounts distributed
as reserve for future period(s)
859,520 1,235,386 12,295 6,853
5 ROPS 16-17 RPTTF Prior Period Adjustment
RPTTF amount should tie to the Agency's ROPS 16-17 PPA form
submitted to the CAC
6 Ending Actual Available Cash Balance (06/30/17)
C to F = (1 + 2 - 3 - 4), G = (1 + 2 - 3 - 4 - 5)
0$ 0$ 0$ 11,812$ 85,210$
No entry required
Atascadero Recognized Obligation Payment Schedule (ROPS 19-20) - Report of Cash Balances
July 1, 2016 through June 30, 2017
(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
ROPS 16-17 Cash Balances
(07/01/16 - 06/30/17)
ITEM NUMBER: SA C-1
DATE: 01/08/19
ATTACHMENT: 1
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