HomeMy WebLinkAboutSA 2020-002 ResolutionAmended Recognized Obligation Payment Schedule (ROPS 20-21B) - Summary
Filed for the January 1, 2021 through June 30, 2021 Period
Successor Agency: Atascadero
County: San Luis Obispo
Current Period Requested Funding for Enforceable
Obligations (ROPS Detail)
ROPS 20-21B
Authorized
Amounts
ROPS 20-21B
Requested
Adjustments
ROPS 20-21B
Amended
Total
A Enforceable Obligations Funded as Follows (B+C+D) $ 216,860 $ - $ 216,860
B Bond Proceeds - - -
C Reserve Balance 211,860 - 211,860
D Other Funds 5,000 - 5,000
E Redevelopment Property Tax Trust Fund (RPTTF) (F+G) $ 1,001,306 $ 3,400 $ 1,004,706
F RPTTF 985,786 3,400 989,186
G Administrative RPTTF 15,520 - 15,520
H Current Period Enforceable Obligations (A+E) $ 1,218,166 $ 3,400 $ 1,221,566
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
Amended Recognized Obligation Payment Schedule (ROPS 20-21B) - ROPS Detail
January 1, 2021 through June 30, 2021
Item
# Project Name Obligation
Type
Total
Outstanding
Obligation
Authorized Amounts
Total
Requested Adjustments
Total Notes 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 $- $211,860 $5,000 $985,786 $15,520 $1,218,166 $- $- $- $3,400 $- $3,400
1 2010
Reimbursement/
Bond Financing
agreement with
City of
Atascadero1
Bonds Issued
On or Before
12/31/10
$26,202,420 - - - 353,706 - $353,706 - - - 3,400 - $3,400 Section 5.5 of the Lease Agreement related to the 2010 Lease
Revenue Bonds requires that Rental Interruption insurance is
maintained throughout the term of the Lease Agreement. The cost of
Rental Interruption insurance for 2020/2021 ($3,400) was
inadvertently overlooked when the ROPS 20-21 was prepared.
2 2010
Reimbursement/
Bond Financing
agreement with
City of
Atascadero
Bonds Issued
On or Before
12/31/10
$104,500 - - - - - $- - - - - - $-
3 2004/2005
Redevelopment
Bonds
Bonds Issued
On or Before
12/31/10
$13,369,400 - 211,860 5,000 632,080 - $848,940 - - - - - $-
5 2004/2005
Redevelopment
Bonds
Bonds Issued
On or Before
12/31/10
$57,350 - - - - - $- - - - - - $-
6 City Loan #1
entered into in
1998
City/County
Loan (Prior
06/28/11),
Cash
exchange
$255,037 - - - - - $- - - - - - $-
7 City Loan #2
entered into in
2001
City/County
Loan (Prior
06/28/11),
Cash
exchange
$821,776 - - - - - $- - - - - - $-
8 City Loan #3
entered into in
2002
City/County
Loan (Prior
06/28/11),
Cash
exchange
$1,183,358 - - - - - $- - - - - - $-
10 Administration
Allowance
Admin Costs $1,711,200 - - - - - $- - - - - - $-
11 Colony Square
Conditions,
Property
Maintenance
$- - - - - - $- - - - - - $-
Item
# Project Name Obligation
Type
Total
Outstanding
Obligation
Authorized Amounts
Total
Requested Adjustments
Total Notes Fund Sources Fund Sources
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
Covenants and
Restrictions
12 Maintenance of
Creekside
Building
Property
Maintenance
$- - - - - - $- - - - - - $-
123 Sale of
Creekside
Building
Property
Dispositions
$- - - - - - $- - - - - - $-
124 Historic City Hall
Earthquake
Repair/Rehab
Project
Improvement/
Infrastructure
$- - - - - - $- - - - - - $-
125 Historic City Hall
Earthquake
Repair/Rehab
Project
Improvement/
Infrastructure
$- - - - - - $- - - - - - $-
126 Demolition of
RDA portable
building
Property
Dispositions
$- - - - - - $- - - - - - $-
127 Lease for
former Chamber
building
Property
Maintenance
$- - - - - - $- - - - - - $-
128 Historic City Hall
Earthquake
Repair/Rehab
Project
Bonds Issued
On or Before
12/31/10
$- - - - - - $- - - - - - $-
129 Master
Agreement with
City
Bond Funded
Project -
Pre-2011
$- - - - - - $- - - - - - $-
130 Maintenance of
former Chamber
Building
Property
Maintenance
$- - - - - - $- - - - - - $-
131 Historic City Hall
Earthquake
Repair/Rehab
Project
Bonds Issued
On or Before
12/31/10
$- - - - - - $- - - - - - $-
132 2010
Reimbursement/
Bond Financing
agreement with
City of
Atascadero1
Bonds Issued
On or Before
12/31/10
$- - - - - - $- - - - - - $-