HomeMy WebLinkAboutSA 2020-001 ResolutionRecognized Obligation Payment Schedule (ROPS 20-21) - Summary
Filed for the July 1, 2020 through June 30, 2021 Period
Successor Agency: Atascadero
County: San Luis Obispo
Current Period Requested Funding for Enforceable
Obligations (ROPS Detail)
20-21A Total
(July -
December)
20-21B Total
(January -
June)
ROPS 20-21
Total
A Enforceable Obligations Funded as Follows (B+C+D) $ 639,405 $ 216,860 $ 856,265
B Bond Proceeds - - -
C Reserve Balance 634,405 211,860 846,265
D Other Funds 5,000 5,000 10,000
E Redevelopment Property Tax Trust Fund (RPTTF) (F+G) $ 862,445 $ 1,001,306 $ 1,863,751
F RPTTF 830,945 985,786 1,816,731
G Administrative RPTTF 31,500 15,520 47,020
H Current Period Enforceable Obligations (A+E) $ 1,501,850 $ 1,218,166 $ 2,720,016
Certification of Oversight Board Chairman:
Name Title
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. /s/
Signature Date
.
Atascadero
Recognized Obligation Payment Schedule (ROPS 20-21) - ROPS Detail
July 1, 2020 through June 30, 2021
A B C D E F G H I J K L M N O P Q R S T U V W
Item
# Project Name Obligation
Type
Agreement
Execution
Date
Agreement
Termination
Date
Payee Description Project
Area
Total
Outstanding
Obligation
Retired
ROPS
20-21
Total
ROPS 20-21A (Jul - Dec)
20-21A
Total
ROPS 20-21B (Jan - Jun)
20-21B
Total
Fund Sources Fund Sources
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
$43,705,041 $2,720,016 $- $634,405 $5,000 $830,945 $31,500 $1,501,850 $- $211,860 $5,000 $985,786 $15,520 $1,218,166
1 2010
Reimbursement/
Bond Financing
agreement with
City of
Atascadero1
Bonds Issued
On or Before
12/31/10
09/01/
2010
10/01/2040 City of
Atascadero
(then
passed
through to
bond
holders)
Debt Service
on 2010
Bonds
Atascadero
#1
26,202,420 N $972,291 - - - 618,585 - $618,585 - - - 353,706 - $353,706
2 2010
Reimbursement/
Bond Financing
agreement with
City of
Atascadero
Bonds Issued
On or Before
12/31/10
09/01/
2010
10/01/2040 City of
Atascadero
(then
passed
through to
BNY)
Trustee
services for
the life of the
2010 Bonds
Atascadero
#1
104,500 N $5,500 - 3,000 - 2,500 - $5,500 - - - - - $-
3 2004/2005
Redevelopment
Bonds
Bonds Issued
On or Before
12/31/10
11/01/
2004
09/01/2034 Bank of
New York
Mellon
Debt Service
on 2004/2005
Bonds
Atascadero
#1
13,369,400 N $1,692,205 - 631,405 5,000 206,860 - $843,265 - 211,860 5,000 632,080 - $848,940
5 2004/2005
Redevelopment
Bonds
Bonds Issued
On or Before
12/31/10
11/01/
2004
09/01/2034 Bank of
New York
Mellon
Trustee
services for
the life of the
2004/2005
Bonds
Atascadero
#1
57,350 N $3,000 - - - 3,000 - $3,000 - - - - - $-
6 City Loan #1
entered into in
1998
City/County
Loan (Prior
06/28/11),
Cash
exchange
11/01/
1998
01/01/2099 City of
Atascadero
Loan for Start-
up costs
Atascadero
#1
255,037 N $- - - - - - $- - - - - - $-
7 City Loan #2
entered into in
2001
City/County
Loan (Prior
06/28/11),
Cash
exchange
06/28/
2001
01/01/2099 City of
Atascadero
Revolving
Loan
Atascadero
#1
821,776 N $- - - - - - $- - - - - - $-
8 City Loan #3
entered into in
2002
City/County
Loan (Prior
06/28/11),
Cash
exchange
06/12/
2002
01/01/2099 City of
Atascadero
Loan for
purchase of
building
housing an
adult store
Atascadero
#1
1,183,358 N $- - - - - - $- - - - - - $-
10 Administration
Allowance
Admin Costs 01/01/
2014
06/30/2014 City of
Atascadero
Administrative
expenses for
successor
agency in
accordance
Atascadero
#1
1,711,200 N $47,020 - - - - 31,500 $31,500 - - - - 15,520 $15,520
.
A B C D E F G H I J K L M N O P Q R S T U V W
Item
# Project Name Obligation
Type
Agreement
Execution
Date
Agreement
Termination
Date
Payee Description Project
Area
Total
Outstanding
Obligation
Retired
ROPS
20-21
Total
ROPS 20-21A (Jul - Dec)
20-21A
Total
ROPS 20-21B (Jan - Jun)
20-21B
Total
Fund Sources Fund Sources
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
with AB1X26
through June
2016 including
- office
expense,
postage, legal
notices,
computer
costs, phone
costs,
operations,
professional
development,
direct staff
time, general
overhead
11 Colony Square
Conditions,
Covenants and
Restrictions
Property
Maintenance
06/10/
2008
01/01/2099 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
02/23/
2010
01/01/2099 Various
vendors
Maintenance
of Creekside
Building
Atascadero
#1
- N $- - - - - - $- - - - - - $-
123 Sale of
Creekside
Building
Property
Dispositions
01/01/
2014
01/01/2099 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
01/01/
2014
01/01/2099 FEMA FEMA grant
adjustments
Atascadero
#1
- N $- - - - - - $- - - - - - $-
125 Historic City Hall
Earthquake
Improvement/
Infrastructure
01/01/
2014
01/01/2099 CalOES Cal OES grant
adjustments
Atascadero
#1
- N $- - - - - - $- - - - - - $-
.
A B C D E F G H I J K L M N O P Q R S T U V W
Item
# Project Name Obligation
Type
Agreement
Execution
Date
Agreement
Termination
Date
Payee Description Project
Area
Total
Outstanding
Obligation
Retired
ROPS
20-21
Total
ROPS 20-21A (Jul - Dec)
20-21A
Total
ROPS 20-21B (Jan - Jun)
20-21B
Total
Fund Sources Fund Sources
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
Repair/Rehab
Project
126 Demolition of
RDA portable
building
Property
Dispositions
01/01/
2099
01/01/2099 Unknown Demolition of
RDA portable
building
Atascadero
#1
- N $- - - - - - $- - - - - - $-
127 Lease for
former Chamber
building
Property
Maintenance
05/01/
2009
01/01/2099 City of
Atascadero
Lease of Land
that RDA
portable sits
on
Atascadero
#1
- Y $- - - - - - $- - - - - - $-
128 Historic City Hall
Earthquake
Repair/Rehab
Project
Bonds Issued
On or Before
12/31/10
01/01/
2099
01/01/2099 Unknown Historic City
Hall
Earthquake
Repair/Rehab
Project:
Exterior
Lighting
Package
Atascadero
#1
- Y $- - - - - - $- - - - - - $-
129 Master
Agreement with
City
Bond Funded
Project -
Pre-2011
01/01/
2099
01/01/2099 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
05/01/
2009
01/01/2099 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
06/30/2014 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
Bonds Issued
On or Before
12/31/10
11/01/
2015
06/30/2017 Wildan
Financial
Arbitrage
calculation
required by
bond
- N $- - - - - - $- - - - - - $-
.
A B C D E F G H I J K L M N O P Q R S T U V W
Item
# Project Name Obligation
Type
Agreement
Execution
Date
Agreement
Termination
Date
Payee Description Project
Area
Total
Outstanding
Obligation
Retired
ROPS
20-21
Total
ROPS 20-21A (Jul - Dec)
20-21A
Total
ROPS 20-21B (Jan - Jun)
20-21B
Total
Fund Sources Fund Sources
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
City of
Atascadero1
covenants
.
Atascadero
Recognized Obligation Payment Schedule (ROPS 20-21) - Report of Cash Balances
July 1, 2017 through June 30, 2018
(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.
A B C D E F G H
ROPS 17-18 Cash Balances
(07/01/17 - 06/30/18)
Fund Sources Comments
Bond Proceeds 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 07/01/17)
RPTTF amount should exclude "A" period distribution
amount.
- 2,211,076 - -
2 Revenue/Income (Actual 06/30/18)
RPTTF amount should tie to the ROPS 17-18 total
distribution from the County Auditor-Controller
32,232 1,826,284
3 Expenditures for ROPS 17-18 Enforceable Obligations
(Actual 06/30/18)
1,071,701 939,681
4 Retention of Available Cash Balance (Actual 06/30/18)
RPTTF amount retained should only include the amounts
distributed as reserve for future period(s)
1,139,375 32,232 839,168 Col. E + F- G Ttl= 2,010,775 (Reserved for
2004 Bonds $1,712,191.49, + Reserved for
19-20 ROPS $205,270 + Reserved for 18-19
ROPS $93,313.89 = Total of $2,010,775.38)
5 ROPS 17-18 RPTTF Prior Period Adjustment
RPTTF amount should tie to the Agency's ROPS 17-18 PPA
form submitted to the CAC
No entry required
47,435
6 Ending Actual Available Cash Balance (06/30/18)
C to F = (1 + 2 - 3 - 4), G = (1 + 2 - 3 - 4 - 5)
$- $- $- $- $-
.
Atascadero
Recognized Obligation Payment Schedule (ROPS 20-21) - Notes
July 1, 2020 through June 30, 2021
Item # Notes/Comments
1
2 $3,000 requested as expenditure of reserves is a carryover from the 19/20 ROPS for our periodic
compliance check as we are unsure of the timing of this work.
3
5
6
7
8
10
11
12
123
124
125
126
127
128
129
130
131
132
.
ADMINISTRATIVE BUDGET
FISCAL YEAR 2020-2021
FUND CODE
880 620.0000
EXPENSE
July -
December 2020
January -
June 2021
CLASSIFICATION DESCRIPTION BASIS AMOUNT AMOUNT
Staff Time: ROPS
financial management
support
Preparation and documentation of ROPS, administrative
budgets, & financial reports. Support and response to
State Controller's office, Department of Finance, and
county auditor controller's reports. Financial review of
tax distributions. General financial management and
reports.
Estimated 18,750$ 6,250$
Staff Time: PPA financial
management support
Preparation and documentation of PPA. Support and
response to State Controller's office, Department of
Finance, and county auditor controller's reports.
General financial management and reports.
Estimated 6,300 2,900
Staff Time: Other Coordination with County, general accounting, review of
DOF instructions and changes in law, etc.
Estimated 6,450 6,370
31,500$ 15,520$