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HomeMy WebLinkAboutMINUTES - 08142012 - C.87RECOMMENDATION(S): 1. ADOPT Resolution 2012/346, approving and administrative budget and the draft Recognized Obligation Payment Schedule (ROPS) for the period of January 1, 2013 - June 30, 2013, both of which are attached as Exhibit A and Exhibit B, respectively; 2. FIND that the ROPS is exempt from the California Environmental Quality Act (CEQA) pursuant to CEQA Guideline Section 15061(b)(3) of the CEQA Guidelines; and 3. DIRECT the Director of Conservation and Development to file a Notice of Exemption with the County Clerk and pay the filing fee. FISCAL IMPACT: None to the General Fund. Resolution 2012/346 approves the ROPS to include funds for staff support, funds that are distinct and separate from other funds used by the Department APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 08/14/2012 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF SUPERVISORS AYE:Candace Andersen, District II Supervisor Mary N. Piepho, District III Supervisor Karen Mitchoff, District IV Supervisor Federal D. Glover, District V Supervisor ABSENT:John Gioia, District I Supervisor Contact: Maureen Toms, 674-7878 I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown. ATTESTED: August 14, 2012 David Twa, County Administrator and Clerk of the Board of Supervisors By: STACEY M. BOYD, Deputy cc: C. 87 To:Successor to the Contra Costa County Redevelopment Agency From:Catherine Kutsuris, Conservation and Development Director Date:August 14, 2012 Contra Costa County Subject:Report on Successor Agency Administrative Budget and Approval of the Draft Recognized Obligatgion Payment Schedule for January - June 2013 FISCAL IMPACT: (CONT'D) of Conservation and Development, as well and funding for payment of recognized obligations. According to state law, any unfunded obligation of the Successor Agency would not be an obligation of the County. BACKGROUND: Administrative Budget According to Health & Safety Code Section 34177 of AB x1 26 (the “Dissolution Act”), the Successor Agency prepares a draft administrative budget and submits it to the Oversight Board for approval. Prior to the Oversight Board’s approval of the administrative budget, the Board of Supervisors, acting in the capacity as the governing board of the Successor Agency for the Contra Costa County Redevelopment Agency, should review the proposed administrative budget. This budget (see Exhibit A) covers the six-month period beginning on January 1, 2013 and ending June 30, 2013. The state statute specifies an allowance to the Successor Agency for its administrative costs, using a percentage of property tax revenue allocated by the County Auditor Controller to the Successor Agency to meet enforceable obligations. The first distribution from the County Auditor Controller was made using the second ROPS based on three percent of the costs eligible for payment from the Redevelopment Property Tax Trust Funds (RPTTF). These costs are identified from pages 7 and 8 of the third ROPS, which is included with this agenda item. The eligible base is $ $6,169,879 and three percent of that figure is $185,096. State law has established $250,000 as the minimum distribution to each successor agency for an administrative allowance. The County received an administrative allowance of $250,000 from the Auditor Controller in June. Once the third ROPS is approved for the January 2013 to June 2013 time period, its costs associated with the RPTTF will be evaluated and if the County Successor Agency is eligible for an administrative allowance above $250,000, a supplemental distribution will be made by the Auditor Controller in December 2012. Successor Agency staff prepared a budget for the FY 2012/13 which is to be funded by the second and thirds ROPS. This budget is updated from the one previously reviewed by the Successor Agency during approval of the second ROPS. This budget only shows items eligible for the administrative allowance, except for the "Salary/Overhead" line item, which include staff costs that can also be charge to non-administrative enforceable obligations (e.g. management of construction projects). The revenue derived from these enforceable obligations to fund Salary/Overhead is also shown below. The page and line numbers from the respective ROPS is shown for each line item where available. Draft Third Recognized Obligation Payment Schedule Approving Resolution No. 2012/346 includes adoption of the draft third ROPS, which is included as Exhibit B to the resolution. The third ROPS was prepared using as its basis the first and second ROPS. The amended first ROPS was approved by the Successor Agency on June 26, 2012, approved by the Oversight Board on June 27, 2012 and then submitted to the State. The amended second ROPS was approved by the Successor Agency and Oversight Board on May 22, 2012 and then submitted to the State. Provided that proposed Resolution No. 2012/346 is adopted, the third ROPS will be submitted to the Successor Agency's Oversight Board for approval, which is scheduled to meet on August 15, 2012. Once approved, the ROPS will be submitted to the State Controller's Office, the State Department of Finance (DOF) and the Contra Costa County Auditor-Controller and will be posted on the Successor Agency's website. The deadline for submitting the third ROPS is September 1, 2012. AB 1484, the Dissolution Act clean-up legislation, became law on June 27, 2012. It provides for a 45-day DOF review period. Within five days of the DOF determination, a Successor Agency may request a meet and confer with the DOF to discuss disputed items. The review time under the original Dissolution Act was three business days, with and additional 10 days if needed. The ROPS will be used as the basis of payments to be made by the Successor Agency for all financial obligations for the six-month time period shown. The monthly payments noted on the ROPS are estimates. The amount to be disbursed in any given month may be higher or lower than the amount shown, not to exceed the aggregate amount shown in the total column. Assumptions made for the third ROPS were based on expected expenditures in the First and Second ROPS. If any of the expenditures in the previous ROPS are not made, the Third ROPS will include the line item, but will not show a payment amount. In cases where the Auditor Controller determines that RPTTF revenue is not sufficient to meet ROPS obligations, the Auditor Controller will make distributions from the RPTTF according to the priorities established by the Dissolution Act. These priorities are as follows: 1) tax allocation bond debt service payments, 2) pass thru payments, 3) other ROPS obligations, and 4) administrative allowance. In a case where Trust Fund revenue remains after payment of these priorities, this remaining revenue would be distributed to the taxing entities of the former project area based on their tax rates for the area. Environmental Review The actions set forth in Resolution 2012/346, as summarized above, are exempt under Section 15061(b)(3) of the Guidelines for the California Environmental Quality Act (the "CEQA") in that it can be seen with a certainty that the actions will not have a significant adverse impact on the environment. The actions are required to continue a governmental funding mechanism for financial obligations of the former Redevelopment Agency and to perform the statutorily mandated unwinding of the assets, liabilities, and functions of the former Redevelopment Agency pursuant to the Dissolution Act. A Notice of Exemption will be filed with the County Clerk in accordance with the CEQA guidelines. CONSEQUENCE OF NEGATIVE ACTION: Failure to adopt the resolution would require the Board to consider other options for providing and funding staff support for the Successor Agency. Without approving the Recognized Obligation Payment Schedule for the period of January through June 2013, the County Auditor-Controller would not be able to allocate funds to the Successor Agency for staffing services and payment of recognized obligations during this six-month period. CHILDREN'S IMPACT STATEMENT: Not Applicable ATTACHMENTS Resolution No. 2012/346 Exhibit A Exhibit B - ROPS E X H I B I T A SUCCESSOR AGENCY ADMINISTRATIVE BUDGET 2ND ROPS THRU 3RD ROPS FY 2012/13 2ND ROPS pg,line 3RD ROPS pg,line FY 12/13 Notes Expenses Jul-Dec Jan-June Total Space Rent $30,000 6,1 $6,000 6,1 $36,000 New bldg lease $36,000 annually. Salary/Overhead $213,045 6,3 $168,011 6,3 $381,056 Includes costs for non admin e.o. Various Admin Expenses $6,955 6,5 $0 $6,955 All costs encurred in 2nd ROPS. Legal (Goldfarb) $0 $75,000 6,9 $75,000 Accounting (Marcum/MGO) $69,000 6,10 $69,000 TOTAL ADMIN EXPENSES $250,000 $318,011 $568,011 Revenue Administrative Cost Allowance $250,000 $97,054 $347,054 Enforceable Obligations (Non Admin) $98,655 $122,680 $221,335 TOTAL ADMIN REVENUES $348,655 $219,734 $568,389 SURPLUS/(DEFICIT) $98,655 ($98,277)$378 Detail on Enforceable Obligations (Non Admin) 2 ND ROPS 3RD ROPS 22,215 1,10 $22,215 6,408 1,13 36,533 2,22 20,000 2,22 $56,533 19,112 2,23 10,636 2,23 $29,748 19,112 2,24 10,636 2,24 $29,748 1,683 4,21 0 $1,683 25,000 8,21 5,000 8,24 15,000 8,26 20,000 8,29 10,000 8,30 Total $98,655 $122,680 $221,335 Name of Redevelopment Agency:Contra Costa County as Successor Agency to the Contra Costa County Redevelopment Agency Project Area(s) All - January 1, 2013 through June 30, 2013 08/06/2012 Prepared for approved by the Governing Board on August 14, 2012 and by the Oversight Board on August 15, 2012 RECOGNIZED OBLIGATION PAYMENT SCHEDULE Per AB 26 - Section 34177 Table of Contents Page number ROPS funding source LMIHF 1 ROPS funding source Bond proceeds 2 ROPS funding source Reserve Balances 3-5 ROPS funding source Administrative Cost Allowance 6 ROPS funding source Redevelopment Property Tax Trust 7-8 Exhibit A: Debt Service Future Obligations 10 Pursuant to the terms of ABx1 26: This Recognized Obligation Payment Schedule (ROPS) was prepared for the period January through June 2013 by the Successor Ag ency to be adopted by the Contra Costa County Board of Supervisors, in the capacity of Governing Board to the Successor Agency on August 14, 2012 and approved by the Oversight Board on August 15, 20 12. This approved ROPS will be submitted to the State Controller's Office, the State Department of Finance and the Contra Costa C ounty Auditor-Controller and will be posted on the Successor Agency's website by the September 1, 2012 due date. This approved ROPS will be used as the basis of payments to be made by the Successor Agency for all enforceable obligations f or the six-month time period shown below. The monthly payments noted on the ROPS for the six-month period are estimates. The actual amount to be disbursed in any given month may be higher or lower than the amount shown ,and not to exceed the aggregate amount shown in the total column. Please note footnote on page 9 whereas a ll previous funding for this page was previously shown on the approved First ROPS (January – June 2012) or Second ROPS (July – December 2012). No additional funding is requested in connection with this Third ROPS for the period ending June 3 0, 2013. However, it is possible that not all the funds approved on the First or Second ROPS will actually be spent during the period ending December 31, 2012, due to the potential delays in project approva l, contracting, and implementation. By this note, it is indicated that some of the funds designated for this item on the approved First ROPS or Second ROPS may actually be carried forward and spent during som e or all of the months of this third ROPS period. A new ROPS will be adopted for each successive six-month period until the earlier of the time when all enforceable obligations a re fully satisfied or an approved ROPS is no longer required by State Law. Each obligation /debt has been assigned a page and line number as its unique identification number therefore line numbers wil l be out of sequence as paid off obligation/debt are removed . G:\CDBG-REDEV\Successor Agency\Budget\ROPS\ROPS Worksheets\ROPS3-worksheet\072012 ROPS3 draft.xlsx 8/6/2012 Page 1 of 9 pages Name of Redevelopment Agency:Contra Costa County as Successor Agency to the Contra Costa County Redevelopment Agency Page 1 of 9 Project Area(s) All - January 1, 2013 through June 30, 2013 08/06/2012 Prepared for approved by the Governing Board on August 14, 2012 and by the Oversight Board on August 15, 2012 RECOGNIZED OBLIGATION PAYMENT SCHEDULE Per AB 26 - Section 34177 Page 1 - LMIHF Project Name / Debt Obligation Payee Description Jan Feb Mar Apr May Jun Total 4)Contract for Development Keyser Marston Assoc Financial services for property development C A (*) (*)- - - - - - - 5)Homebuyer Resale Transaction PGE/Gldn St Water/Var Acquisition/rehabilitation BP,NR,R A (*) (*)- - - - - - - 6)Homebuyer Resale Revolving Various Site Dev/affordable hsg/1st time buyer BP,NR,R A (*) (*)- - - - - - - 7)Homebuyer Resale Revolving Employees of Agency Payroll for employees/Successor Agency BP,NR,R A - - - - - - - 8)Comm Preservation/Foreclosure Employees of Agency Payroll for employees/Successor Agency BP,NR,R A - - - - - - 9)Youth Homes Facility Various Relocation costs BP A (*) (*)- - - - - - - 10)Youth Homes Facility Employees of Agency Payroll for employees/Successor Agency BP A - - - - - - - - - 11)Heritage Point Prop Dispostn Exp CHDC of NR Phase II of NR Town Center NR A (*) (*)- - - - - - - 12)Heritage Point Prop Dispostn Exp Employees of Agency Payroll for employees/Successor Agency NR A - - - - - - - 13)Las Deltas Feasibility Employees of Agency Payroll for employees/Successor Agency NR A 6,408 6,408 6,408 - - - - - 6,408 14)Contracts -Relocation/Maintenance Various Orbisonia Heights BP A 59,537 59,537 59,537 - - - - - 59,537 15)Contracts -Relocation/Maintenance Employees of Agency Payroll for employees/Successor Agency BP A - - - - - - - - - 17)1250 Las Juntas disposition exp TBD Property disposition expenses C A (*) (*)- - - - - - - 19)Contract for Housing Development Habitat/Various Assist for-sale affordable housing BP C (*) (*)- - - - - - - 20)Depost: Low/Mod Housing Olson Urban Housing 03/15/2007 Deposit C A - - - - - - - - 21) 22) 23) 24) 25) 26) 27) 28) 29)- *Project Area Key:**Funding Source:Totals - This Page (A )65,945 65,945 65,945 - - - - - 65,945 C=Contra Costa Centre (A) LMIHF Totals - Page 2 (B)226,272 226,272 226,272 - - - - - 226,272 NR= North Richmond (B) Bond proceeds Totals - Page 3 (C )9,944 9,944 9,944 - - - - - 9,944 BP=Bay Point (C ) Reserve Balances Totals - Page 4 (C )- - - - - - - - - R = Rodeo (D) Administrative Cost Allowance Totals - Page 5 (C )120,300 93,000 93,000 - - - - - 93,000 M = Montalvin Manor (E) Redev. Prop. Tax Trust Totals - Page 6 (D )324,331 195,331 195,331 - - - - - 195,331 Totals - Page 7 (E )227,399,384 5,864,483 4,051,103 - 550,000 1,263,380 - - 5,864,483 Totals - Page 8 (E )682,896 305,396 305,396 - - - - - 305,396 Totals - Page 9 (E ) Grand total - All Pages 228,829,072 6,760,371 4,946,991 - 550,000 1,263,380 - - 6,760,371 Note '(*): It is possible not all funds approved on the First or Second ROPS will actually be spent during the period ending December 31, 2012, due to potential delays in project approval, contracting and implementation and may actually be carried forward and spent during some or all of the months of this third ROPS period. However, total payments will not exceed total dept or obligation as of 07/01/2011 unless otherwise increased or added in subsequent ROPS. Total Due During This Period Payments by month Total Outstanding Debt as of 1/1/2013 Project Area* Funding Source** 8/6/2012 G:\CDBG-REDEV\Successor Agency\Budget\ROPS\ROPS Worksheets\ROPS3-worksheet\072012 ROPS3 draft.xlsx Page 2 of 9 Pages Name of Redevelopment Agency:Contra Costa County as Successor Agency to the Contra Costa County Redevelopment Agency Page 2 of 9 Project Area(s) All - January 1, 2013 through June 30, 2013 08/06/2012 Prepared for approved by the Governing Board on August 14, 2012 and by the Oversight Board on August 15, 2012 RECOGNIZED OBLIGATION PAYMENT SCHEDULE Per AB 26 - Section 34177 `Page 2 - Bond Proceeds Project Name / Debt Obligation Payee Description Jan Feb Mar Apr May Jun Total 2)Iron Horse Trail Overcrossing Contra Costa County Construction of pedestrian overcrossing C B (*) (*)- - - - - - - 3)Placemaking Transit Village AvalonBay Placemaking improvements (ie parks, etc)C B (*) (*)- - - - - - - 4)Placemaking Transit Village AvalonBay/BART Placemaking station and bus intermodal C B (*) (*)- - - - - - - 5)BART Replacement Garage AvalonBay/BART BART patron replacement parking structure C B (*) (*)- - - - - - - 7)Contract for Community Imprv Contra Costa County Walden Green II C B (*) (*)- - - - - - - 8)Re-authorized Contract for Capital ImprvContra Costa County CCC Infrastructure improvements (1)C B (*) (*)- - - - - - - 9)Contract for Wayfinding Prog Sasaki Associates Pedestrian signage C B (*) (*)- - - - - - - 10)Contract for Wayfinding Prog Contra Costa County Pedestrian signage C B (*) (*)- - - - - - - 11)Contract for Predevelopment Contra Costa County Truck route implementation NR B - - - - - - - - - 12)Re-authorized Contract for ImprovementsContra Costa County NR Industrial infrastructure improv (1)NR B 185,000 185,000 185,000 - - - - - 185,000 14)Contract for Relocation Consultant Overland Pacific & Culter Coordinate resident relocation (BP/NR)BP/NR B (*) (*)- - - - - - - 16)Contracts -Relocation/Maintenance Various Orbisonia Heights BP B (*) (*)- - - - - - - 17)Contract for Economic Imprv Rodeo Sanitary District Sewer line undertaking R B (*) (*)- - - - - - - 18)Re-authorized Contract for ImprovementsContra Costa County RO obsolete infrastructure elements (1)R B (*) (*)- - - - - - - 22)Bond Project Management Employees of Agency Payroll for employeesProject management costs C B 20,000 20,000 20,000 - - - - - 20,000 23)Bond Project Management Employees of Agency Payroll for employeesProject management costs NR B 10,636 10,636 10,636 - - - - - 10,636 24)Bond Project Management Employees of Agency Payroll for employeesProject management costs R B 10,636 10,636 10,636 - - - - - 10,636 25)- - - - - - - - - 26)- - - - 27)- - - - - - - - *Project Area Key:**Funding Source:Totals - This Page 226,272 226,272 226,272 - - - - - 226,272 C=Contra Costa Centre (A) LMIHF NR= North Richmond (B) Bond proceeds BP=Bay Point (C ) Reserve Balances R = Rodeo (D) Administrative Cost Allowance M = Montalvin Manor (E) Redev. Prop. Tax Trust (F) Other revenue source Note (1): Pending obligation with Department of Finance Note '(*): It is possible not all funds approved on the First or Second ROPS will actually be spent during the period ending December 31, 2012, due to potential delays in project approval, contracting and implementation and may actually be carried forward and spent during some or all of the months of this third ROPS period. However, total payments will not exceed total dept or obligation as of 07/01/2011 unless otherwise increased or added in subsequent ROPS. Total Due During This Period Payments by month Total Outstanding Debt as of 1/1/2013 Project Area* Funding Source** 8/6/2012 G:\CDBG-REDEV\Successor Agency\Budget\ROPS\ROPS Worksheets\ROPS3-worksheet\072012 ROPS3 draft.xlsx Page 3 of 9 Pages Name of Redevelopment Agency:Contra Costa County as Successor Agency to the Contra Costa County Redevelopment Agency Page 3 of 9 Project Area(s) All - January 1, 2013 through June 30, 2013 08/06/2012 Prepared for approved by the Governing Board on August 14, 2012 and by the Oversight Board on August 15, 2012 RECOGNIZED OBLIGATION PAYMENT SCHEDULE Per AB 26 - Section 34177 Page 3A - Reserve Balances Project Name / Debt Obligation Payee Description Jan Feb Mar Apr May Jun Total 10)Contract for legal services Goldfarb & Lipman Legal services ALL C (*) (*)- - - - - - - 11)Contract for financial analysis Fraser & Associates Financial analysis ALL C 5,414 5,414 5,414 - - - - - 5,414 12)Contract for website Lighthouse Computer Grp Website management ALL C - - - - - - - - - 15)Contract for financial advisor Public Financial Mgmnt Financial advior for Tax Allocation Bond ALL C 4,530 4,530 4,530 - - - - - 4,530 17)License agreement Parcel Quest I-TRaC reports ALL C - - - - - - - - - 23)Technical assistances CCC Public Works Technical assistance support ALL C - - - - - - - - - 28)Property holding costs Bodhaine Weed abatement BP/NR/R C - - - - - - - - - 29)Property holding costs CCC Public Works Property maintenance ALL C (*) (*)- - - - - - - - - - - - - - - - *Project Area Key:**Funding Source:Totals - This Page 9,944 9,944 9,944 - - - - - 9,944 C=Contra Costa Centre (A) LMIHF NR= North Richmond (B) Bond proceeds BP=Bay Point (C ) Reserve Balances R = Rodeo (D) Administrative Cost Allowance M = Montalvin Manor (E) Redev. Prop. Tax Trust (F) Other revenue source Note '(*): It is possible not all funds approved on the First or Second ROPS will actually be spent during the period ending December 31, 2012, due to potential delays in project approval, contracting and implementation and may actually be carried forward and spent during some or all of the months of this third ROPS period. However, total payments will not exceed total dept or obligation as of 07/01/2011 unless otherwise increased or added in subsequent ROPS. Payments by month Project Area* Funding Source** Total Due During This Period Total Outstanding Debt as of 1/1/2013 8/6/2012 G:\CDBG-REDEV\Successor Agency\Budget\ROPS\ROPS Worksheets\ROPS3-worksheet\072012 ROPS3 draft.xlsx Page 4 of 9 Pages Name of Redevelopment Agency:Contra Costa County Redevelopment Agency Page 4 of 9 Project Area(s) All - January 1, 2013 through June 30, 2013 08/06/2012 Prepared for approved by the Governing Board on August 14, 2012 and by the Oversight Board on August 15, 2012 RECOGNIZED OBLIGATION PAYMENT SCHEDULE Per AB 26 - Section 34177 Page 3B - Reserve Balances Project Name / Debt Obligation Payee Description Jan Feb Mar Apr May Jun Total 1)Hookston Station Remediation Proj Navigator/J Teves Administrator of haz-mat remediation fund C C (*) (*)- - - - - - - 2)Contract for Planning Activities Opticos Transit Village architect C C (*) (*)- - - - - - - 3)Contract for Planning Activities ADK&A Transit Village consultant C C (*) (*)- - - - - - - 4)Contract for Planning Activities Harris & Associates Transit Village inspection services C C (*) (*)- - - - - - - 5)Parker Capital Replacement CCC/Utilities Parker Capital Replacement R C - - - - - - - - - 7)Transit Village (TV) Consultant Fee T.V. Consultation TBD Project costs associated w/BART Lease Mgmt C C (*) (*)- - - - - - - 9)Hookston Business Relocation Various for Tri City Housing Business Relocation C C (*) (*)- - - - - - - 10)Placemaking Civic Use Avalon Bay/Various Placemaking Civic Use/Bicycle Station C C (*) (*)- - - - - - - 11)Walden I Upgrade Various Walden I Upgrade C C (*) (*)- - - - - - - 12)Contract for Busn Relocation AR/WS Hookston Station relocation services C C (*) (*)- - - - - - - 13)Heritage Point Land Various Acquisitions NR C (*) (*)- - - - - - - 16)County Child Care Mitagation CCC Mitagation Fund Non RDA Funds/Child Care Funds C/BP C (*) (*)- - - - - - - 17)Loan Program CHDC of NR Commercial rehabilitation loan program NR C (*) (*)- - - - - - - 19)Contract for GPA/Specific Plan Wallace Roberts & Todd Implement GPA/Specific Plan/EIR NP C - - - - - - - - - 20)Enterprise Zone Various Enterprise Zone NR C - - - - - - - - - 21)Enterprise Zone Employees of Agency Employees/professional services NR C - - - - - - - - - 25)Contract for Consultant Keyser Marston Assoc Financial services for waterfront R C - - - - - - - - - 26)189-199 Parker CCC GSD Property maintenance R C (*) (*)- - - - - - - 27)Walden II Remediation ENGEO/Public Worls Walden II Remediation C C (*) (*)- - - - - - - 28)Walden II Remediation Various Walden II Remediation C C (*) (*)- - - - - - - *Project Area Key:**Funding Source:Totals - This Page - - - - - - - - - C=Contra Costa Centre (A) LMIHF NR= North Richmond (B) Bond proceeds BP=Bay Point (C ) Reserve Balances R = Rodeo (D) Administrative Cost Allowance M = Montalvin Manor (E) Redev. Prop. Tax Trust (F) Other revenue source Note '(*): It is possible not all funds approved on the First or Second ROPS will actually be spent during the period ending December 31, 2012, due to potential delays in project approval, contracting and implementation and may actually be carried forward and spent during some or all of the months of this third ROPS period. However, total payments will not exceed total dept or obligation as of 07/01/2011 unless otherwise increased or added in subsequent ROPS. Payments by month Project Area* Funding Source** Total Due During This Period Total Outstanding Debt as of 1/1/2013 Do we 8/6/2012 G:\CDBG-REDEV\Successor Agency\Budget\ROPS\ROPS Worksheets\ROPS3-worksheet\072012 ROPS3 draft.xlsx Page 5 of 9 Pages Name of Redevelopment Agency:Contra Costa County as Successor Agency to the Contra Costa County Redevelopment Agency Page 5 of 9 Project Area(s) All - January 1, 2013 through June 30, 2013 08/06/2012 Prepared for approved by the Governing Board on August 14, 2012 and by the Oversight Board on August 15, 2012 RECOGNIZED OBLIGATION PAYMENT SCHEDULE Per AB 26 - Section 34177 Page 3C - Reserve Balances Project Name / Debt Obligation Payee Description Jan Feb Mar Apr May Jun Total 4)Hookston Station Remediation Bank Of Amer, Trustee Remediation of hazardous material C C (*) (*)- - - - - - - 5)Contract for Economic Imprv Rodeo Marina LLC Waterfront environmental assessmemts R C - - - - - - - - 23)Placemaking Transit Village AvalonBay/BART Placemaking station and bus intermodal C C (*) (*)- - - - - - - 24)Placemaking Transit Village AvalonBay Placemaking improvements (ie parks, etc)C C (*) (*)- - - - - - - 25)Deposit: Rodeo Senior Center TC Inspection 07/28/2009 Deposit R C - - - - - - - 26)Deposit: Rodeo Senior Center View Park HOA 10/29/2007 Deposit R C - - - - - - - 27)Various Admin expenses Various General office expenses ALL C 30,300 3,000 3,000 - - - - - 3,000 28)Contract for accounting MGO CPA LLP Special accounting services ALL C 60,000 60,000 60,000 - - - - - 60,000 29)Legal fees CCC Counsel Legal services ALL C 30,000 30,000 30,000 - - - - - 30,000 30)Contract for website Lighthouse Computer Grp Website management ALL C - - - - - - - - - 31)1999 Tax Allocation Bonds US Bank NA Bonds issue to fund non-housing projects C/BP/NR/R C - 32)1999 Tax Allocation Bonds US Bank NA Bonds issue to fund housing projects C/BP/NR/R C - 33)2003A Tax Allocation Bonds US Bank NA Bonds issue to fund non-housing projects C C - 34)2007A/AT/B Tax Allocation Bonds US Bank NA Bonds issue to fund non-housing projects ALL C - 35)2007A/AT/B Tax Allocation Bonds US Bank NA Bonds issue to fund housing projects ALL C - - *Project Area Key:**Funding Source:Totals - This Page 120,300 93,000 93,000 - - - - - 93,000 C=Contra Costa Centre (A) LMIHF NR= North Richmond (B) Bond proceeds BP=Bay Point (C ) Reserve Balances R = Rodeo (D) Administrative Cost Allowance M = Montalvin Manor (E) Redev. Prop. Tax Trust (F) Other revenue source Note '(*): It is possible not all funds approved on the First or Second ROPS will actually be spent during the period ending December 31, 2012, due to potential delays in project approval, contracting and implementation and may actually be carried forward and spent during some or all of the months of this third ROPS period. However, total payments will not exceed total dept or obligation as of 07/01/2011 unless otherwise increased or added in subsequent ROPS. Total Due During This Period Payments by month Total Outstanding Debt as of 1/1/2013 Project Area* Funding Source** G:\CDBG-REDEV\Successor Agency\Budget\ROPS\ROPS Worksheets\ROPS3-worksheet\072012 ROPS3 draft.xlsx Page 6 of 9 Pages Name of Redevelopment Agency:Contra Costa County as Successor Agency to the Contra Costa County Redevelopment Agency Page 6 of 9 Project Area(s) All - January 1, 2013 through June 30, 2013 08/06/2012 Prepared for approved by the Governing Board on August 14, 2012 and by the Oversight Board on August 15, 2012 RECOGNIZED OBLIGATION PAYMENT SCHEDULE Per AB 26 - Section 34177 Page 4 - Administrative Cost Allowance Project Name / Debt Obligation Payee Description Jan Feb Mar Apr May Jun Total 1)Lease (30 Muir)CCC GSD Office space/property maintenance ALL D 60,000 6,000 6,000 - - - - - 6,000 3)Employee costs Employees Payroll for Successor Agency staff (2)ALL D 45,331 45,331 45,331 - - - - - 45,331 9)Contract for legal services Goldfarb & Lipman Legal services ALL D 150,000 75,000 75,000 - - - - - 75,000 10)Contract for accounting MGO/Marcum Accounting services ALL D 69,000 69,000 69,000 - - - - - 69,000 11) 12) 13) 14) 15) 16) 17) 18) 19) 20) 21) 22) 23) 24) 25) 26) 27) 28) 29) 30) 31) 32) *Project Area Key:**Funding Source:Totals - This Page 324,331 195,331 195,331 - - - - - 195,331 C=Contra Costa Centre (A) LMIHF NR= North Richmond (B) Bond proceeds BP=Bay Point (C ) Reserve Balances R = Rodeo (D) Administrative Cost Allowance M = Montalvin Manor (E) Redev. Prop. Tax Trust (F) Other revenue source Note (2): Total cost is actually $168,0111. However $122,680 of this cost is covered by non-administrative enforceable obligations listed elsewhere on this ROPS Payments by month Project Area* Funding Source** Total Due During This Period Total Outstanding Debt as of 1/1/2013 8/6/2012 G:\CDBG-REDEV\Successor Agency\Budget\ROPS\ROPS Worksheets\ROPS3-worksheet\072012 ROPS3 draft.xlsx Page 7 of 9 Pages Name of Redevelopment Agency:Contra Costa County as Successor Agency to the Contra Costa County Redevelopment Agency Page 7 of 9 Project Area(s) All - January 1, 2013 through June 30, 2013 08/06/2012 Prepared for approved by the Governing Board on August 14, 2012 and by the Oversight Board on August 15, 2012 RECOGNIZED OBLIGATION PAYMENT SCHEDULE Per AB 26 - Section 34177 Page 5A - Redevelopment Property Tax Trust Fund Project Name / Debt Obligation Payee Description Jan Feb Mar Apr May Jun Total 1)1999 Tax Allocation Bonds US Bank NA Bonds issue to fund non-housing projects C/BP/NR/R E 13,294,710 449,645 449,645 - - - - - 449,645 2)1999 Tax Allocation Bonds US Bank NA Bonds issue to fund housing projects C/BP/NR/R E 181,660 16,097 16,097 - - - - - 16,097 3)2003A Tax Allocation Bonds US Bank NA Bonds issue to fund non-housing projects C E 11,209,046 250,393 250,393 - - - - - 250,393 4)2007A/AT/B Tax Allocation Bonds US Bank NA Bonds issue to fund non-housing projects ALL E 124,513,249 2,632,469 2,632,469 - - - - - 2,632,469 5)2007A/AT/B Tax Allocation Bonds US Bank NA Bonds issue to fund housing projects ALL E 26,147,319 474,569 474,569 - - - - - 474,569 6)Project Improvement Loan Contra Costa County Loan for project administration M E 263,700 - - - - - - - - 7)Bond-License agreement DAC Document repository for bond issues ALL E 39,000 1,500 1,500 - - - - - 1,500 8)Bond-Treasurer fees CCC Treasurer Cash management for bond issues ALL E 6,000 3,000 3,000 - - - - - 3,000 9)Bond-Accounting fees CCC Auditor-Controller Accounting management for bond issues ALL E 20,000 6,000 6,000 - - - - - 6,000 11)Hookston Station Remediation Bank Of Amer, Trustee Remediation of hazardous material C E 1,286,500 - - - - - - - - 12)Tri City Remediation Various Tri-City Remediation C E (*)(*)- - - - - - - 13)Fiscal Agreement EBRPD Project improvement R E 500,000 - - - - - - - - 14)Loan for Wildcat/San Pablo CCC Flood Control Dist Project improvement NR E 200,000 200,000 200,000 - - - - - 200,000 15)Trustee fees US Bank Annual administration fees 95ATAB BP/NR E 90,000 - - - - - - - - 16)Trustee fees US Bank Annual administration fees 99TAB C/BP/NR/R E 32,885 - - - - - - - - 17)Trustee fees US Bank Annual administration fees 03ATAB C/BP/NR/R E 67,399 - - - - - - - - 18)Trustee fees US Bank Annual administration fees 03BTAB BP/NR/R E 52,450 - - - - - - - - 19)Trustee fees US Bank Annual administration fees 07TAB ALL E 115,200 - - - - - - - - 20)LMIF Monitorring (rental)US Communities/Emplyee Monitorring of rental projects C/BP/NR/R E 367,952 1,866 1,866 - - - - - 1,866 21)LMIF Monitorring (ownership)US Communities/Emplyee Monitorring of ownership projects C/BP/NR/R E 1,773,496 15,564 15,564 - - - - - 15,564 22)SERAF Housing Fund SERAF fy 2010-11 payment BP/R E - - - - - - - - - 23)Town Center/Housing TBD Pre-development cost R E (*)(*)- - - - - - - 24)Financial Assistance Park Regency Agency assistance C E 2,750,000 550,000 - - 550,000 - - - 550,000 25)Financial Assistance Bridge Housing Agency assistance C E 1,700,000 - - - - - - - - 26)Financial Assistance AvalonBay Agency assistance C E 42,772,818 1,263,380 - - - 1,263,380 - - 1,263,380 27)Contract for accounting MGO CPA LLP Special accounting services ALL E (*)(*)- - - - - - - 28)Contract for debt policies Stone & Youngberg Development of debt policies ALL E - - - - - - - - - 29)Contract for legal services Kutak Rock LLP Legal services for IRS examination ALL E - - - - - - - - - 30)Property taxes Tax Collector Property taxes on Successor Agency owned propertiesALL E 16,000 - - - - - - - - 31)Hookston - UST Removal BSK/Public Works Underground Storage Tanks removal C E - - - - - - - - - 32)Property maintenance costs Bodhaine Weed abatement & property maintenance BP/NR/R E (*)(*)- - - - - - - *Project Area Key:**Funding Source:Totals - This Page 227,399,384 5,864,483 4,051,103 - 550,000 1,263,380 - - 5,864,483 C=Contra Costa Centre (A) LMIHF NR= North Richmond (B) Bond proceeds BP=Bay Point (C ) Reserve Balances R = Rodeo (D) Administrative Cost Allowance M = Montalvin Manor (E) Redev. Prop. Tax Trust (F) Other revenue source Note '(*): It is possible not all funds approved on the First or Second ROPS will actually be spent during the period ending December 31, 2012, due to potential delays in project approval, contracting and implementation and may actually be carried forward and spent during some or all of the months of this third ROPS period. However, total payments will not exceed total dept or obligation as of 07/01/2011 unless otherwise increased or added in subsequent ROPS. Project Area* Funding Source** Total Outstanding Debt as of 1/1/2013 Payments by month Total Due During This Period 8/6/2012 G:\CDBG-REDEV\Successor Agency\Budget\ROPS\ROPS Worksheets\ROPS3-worksheet\072012 ROPS3 draft.xlsx Page 8 of 9 Pages Name of Redevelopment Agency:Contra Costa County as Successor Agency to the Contra Costa County Redevelopment Agency Page 8 of 9 Project Area(s) All - January 1, 2013 through June 30, 2013 08/06/2012 Prepared for approved by the Governing Board on August 14, 2012 and by the Oversight Board on August 15, 2012 RECOGNIZED OBLIGATION PAYMENT SCHEDULE Per AB 26 - Section 34177 Page 5A - Redevelopment Property Tax Trust Fund Project Name / Debt Obligation Payee Description Jan Feb Mar Apr May Jun Total 19)I H Trail/Hookston Sttn Remediatn Goldfarb & Lipman Remediation of I H corridor parcels C E 100,000 50,000 50,000 - - - - - 50,000 20)I H Trail/Hookston Sttn Remediatn CCC Counsel Remediation of I H corridor parcels C E 25,000 12,500 12,500 - - - - - 12,500 21)I H Trail/Hookston Sttn Remediatn Employees of Agency Payroll for employeesProject management costs C E 100,000 25,000 25,000 - - - - - 25,000 22)Technical Assistance CCC Public Works Technical Assist for non-housing projects ALL E 40,000 65,000 65,000 - - - - - 65,000 23)Contract for legal services Goldfarb & Lipman Legal services for housing projects ALL E 60,000 30,000 30,000 - - - - - 30,000 24)Iron Horse Trail properties Employees of Agency Payroll for employeesProject management costs C E 5,000 5,000 5,000 - - - - - 5,000 25)Transit Village Goldfarb & Lipman Transit Village implementation C E 50,000 30,000 30,000 - - - - - 30,000 26)Transit Village Employees of Agency Payroll for employeesProject management costs C E 100,000 15,000 15,000 - - - - - 15,000 27)Principal/Interest fy2007-2011 CCCPFA 2007A/B Lease Revenue Bond ALL E 22,896 22,896 22,896 - - - - - 22,896 28)Hookston Station Remediation Ensafe Administrator of haz-mat remediation fund C E 50,000 20,000 20,000 - - - - - 20,000 29)Tri City Remediation Employees of Agency Payroll for employeesProject management costs C E 30,000 20,000 20,000 - - - - - 20,000 30)Mgmt of Housing Projects Employees of Agency Payroll for employees for housing projects All E 100,000 10,000 10,000 - - - - - 10,000 31)- - - - - - - - 32)- - - - - - - - 33)- - - - - - - - 34)- - - - - - - - 35)- - - - - - - - 36)- - - - - - - - 37)- - - - - - - - 38)- - - - - - - - 39)- - - - - - - - 40)- - - - - - - - 41)- - - - - - - - 42)- - - - - - - - 43)- - - - - - - - - - - - - - - - 682,896 305,396 305,396 - - - - - 305,396 Project Area* Funding Source** Total Due During This Period Payments by month Total Outstanding Debt as of 1/1/2013 8/6/2012 G:\CDBG-REDEV\Successor Agency\Budget\ROPS\ROPS Worksheets\ROPS3-worksheet\072012 ROPS3 draft.xlsx Page 9 of 9 Capital and Housing Funds Page 9 of 9 Debt Service Future Obligations Contra Costa Centre North Richmond Bay Point Rodeo Montalvin Manor Year Non-Housing Non-Housing Housing Non-Housing Housing Non-Housing Housing Non-Hsg Housing Non-Housing Housing 1999 2003A 2007A/B 1999 2007A/AT 1999 2007A/AT 1999 2007A/AT 1999 2007A/AT 1999 2007A/AT 1999 2007A/AT 2007A/AT 2007A/AT 1999 2003A 2007A/B Total 1999 2007A/AT Total 2013 829,131 500,786 2,400,893 - 590,518 - 268,364 70,159 1,581,277 32,194 353,851 - 556,250 - 267,809 136,000 59,114 899,290 500,786 5,264,938 6,665,014 32,194 949,138 981,332 2014 830,131 503,269 2,401,743 - 591,618 - 270,431 72,408 1,568,246 30,946 355,141 - 553,500 - 269,851 133,750 58,286 902,539 503,269 5,248,857 6,654,665 30,946 953,709 984,655 2015 829,731 500,019 2,406,293 - 581,968 - 272,249 69,346 1,569,793 29,673 356,116 - 545,250 - 266,643 131,500 57,458 899,077 500,019 5,234,804 6,633,900 29,673 952,466 982,139 2016 833,206 501,519 2,399,293 - 572,108 - 273,764 11,268 1,574,925 8,395 356,777 - 541,750 - 268,408 129,000 56,629 844,474 501,519 5,217,076 6,563,069 8,395 955,578 963,973 2017 830,400 502,249 2,436,193 - 566,780 - 270,030 11,013 1,563,561 8,137 357,124 - 537,750 - 269,898 126,500 55,801 841,413 502,249 5,230,784 6,574,446 8,137 952,853 960,990 2018 831,569 501,799 2,434,493 - 202,000 - 271,270 10,758 1,455,298 7,879 357,220 - 377,500 - 266,137 107,750 59,973 842,327 501,799 4,577,041 5,921,167 7,879 954,600 962,479 2019 831,456 500,799 2,436,218 - 198,750 - 272,014 10,504 1,464,236 7,621 352,002 - 381,500 - 272,132 110,750 58,771 841,960 500,799 4,591,454 5,934,213 7,621 954,919 962,540 2020 830,063 504,249 2,430,418 - 195,500 - 267,458 15,250 1,471,407 7,363 346,783 - 380,000 - 267,525 108,500 57,569 845,313 504,249 4,585,825 5,935,387 7,363 939,335 946,698 2021 831,713 501,874 2,432,438 - 202,250 - 272,902 14,725 1,461,828 7,100 351,565 - 383,250 - 267,918 111,250 56,367 846,438 501,874 4,591,016 5,939,328 7,100 948,752 955,852 2022 541,788 503,949 2,722,250 - 228,500 - 297,745 24,200 1,626,398 6,838 350,718 - 386,000 - 273,062 108,750 60,164 565,988 503,949 5,071,898 6,141,835 6,838 981,689 988,527 2023 815,513 350,199 2,601,500 - 228,250 - 291,037 8,150 1,625,993 6,575 359,556 - 378,250 - 267,604 106,250 58,662 823,663 350,199 4,940,243 6,114,105 6,575 976,859 983,434 2024 814,013 348,764 2,608,500 - 227,750 - 299,329 7,888 1,628,622 6,313 357,515 - 385,500 - 267,146 103,750 57,159 821,901 348,764 4,954,122 6,124,787 6,313 981,149 987,462 2025 810,938 347,036 2,607,000 - 227,000 - 296,720 7,625 1,624,062 6,050 350,159 - 382,000 - 271,439 106,250 55,656 818,563 347,036 4,946,312 6,111,911 6,050 973,974 980,024 2026 811,288 350,016 2,607,250 - 226,000 - 288,861 17,363 1,577,470 5,788 292,739 - 383,250 - 270,130 108,500 59,153 828,651 350,016 4,902,470 6,081,137 5,788 910,883 916,671 2027 819,800 347,411 2,599,000 - 219,750 - 286,204 16,575 1,570,553 5,525 288,336 - 379,000 - 273,521 110,500 57,350 836,375 347,411 4,878,803 6,062,589 5,525 905,411 910,936 2028 820,950 349,514 2,597,500 - 213,500 - 288,094 15,788 1,571,620 5,263 293,932 - 384,500 - 271,310 107,250 55,547 836,738 349,514 4,874,370 6,060,622 5,263 908,883 914,146 2029 - 816,031 2,952,250 - 247,250 - 314,434 - 1,755,220 - 503,964 - 479,250 - 338,799 104,000 58,743 - 816,031 5,537,970 6,354,001 - 1,215,940 1,215,940 2030 - 816,156 2,950,250 - 249,000 - 313,873 - 1,756,834 - 506,503 - 478,750 - 337,386 105,750 56,640 - 816,156 5,540,584 6,356,740 - 1,214,402 1,214,402 2031 - 819,313 2,948,250 - 250,250 - 312,761 - 1,755,052 - 507,783 - 477,500 - 335,423 112,250 59,536 - 819,313 5,543,302 6,362,615 - 1,215,503 1,215,503 2032 - 820,219 2,946,000 - 251,000 - 316,098 - 1,754,917 - 507,870 - 475,500 - 337,910 113,250 57,131 - 820,219 5,540,667 6,360,886 - 1,219,009 1,219,009 2033 - 823,875 2,943,250 - 251,250 - 313,584 - 1,756,149 - 506,764 - 477,750 - 339,545 109,000 59,727 - 823,875 5,537,399 6,361,274 - 1,219,620 1,219,620 2034 - - 3,764,750 - 201,000 - 315,520 - 1,753,464 - 504,463 - 479,000 - 335,329 109,750 57,022 - - 6,307,964 6,307,964 - 1,212,334 1,212,334 2035 - - 3,759,000 - 202,750 - 315,492 - 1,758,468 - 504,614 - 469,250 - 339,400 115,250 59,317 - - 6,304,718 6,304,718 - 1,218,823 1,218,823 2036 - - - - 204,000 - 314,563 - 1,757,957 - 508,192 - 474,000 - 337,268 110,250 56,312 - - 2,546,207 2,546,207 - 1,216,335 1,216,335 2037 - - - - 204,750 - 312,732 - 1,756,925 - 504,882 - 472,500 - 339,235 110,250 58,306 - - 2,544,425 2,544,425 - 1,215,155 1,215,155 2038 - - - - - - - - - - - - - - - - - - - - - - - - 12,911,690 11,209,046 62,384,732 - 7,333,492 - 7,315,529 383,020 40,740,275 181,660 10,034,569 - 11,218,750 - 7,350,828 2,836,000 1,446,393 13,294,710 11,209,046 124,513,249 149,017,005 181,660 26,147,319 26,328,979 T O T A L S 8/6/2012 G:\CDBG-REDEV\Successor Agency\Budget\ROPS\ROPS Worksheets\ROPS3-worksheet\072012 ROPS3 draft.xlsx