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HomeMy WebLinkAboutMINUTES - 02252014 - C.95RECOMMENDATION(S): 1. ADOPT Resolution No. 2014/58, approving an administrative budget for the period July 1, 2014 through June 30, 2015 (“FY 14-15 Administrative Budget”) and the Recognized Obligation Payment Schedule for the period of July 1, 2014 – December 31, 2014 (“ROPS 14-15A”), 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 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. Since dissolution of the Contra Costa County Redevelopment Agency (the “Dissolved RDA”), tax increment is now deposited in the Redevelopment Property Tax Trust Fund (“RPTTF”), which is administered by the County Auditor Controller. Distributions are made semi-annually from the RPTTF by the County Auditor Controller to the Successor Agency to fund the Successor Agency's administrative budget and Recognized Obligation Payment Schedule. These funds are distinct and separate from other funds used by the Department of Conservation and Development. According to state law, any obligation of the Successor Agency that cannot be funded by the RPTTF would not be an obligation of the County. APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 02/25/2014 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF SUPERVISORS AYES 4 NOES ____ ABSENT 1 ABSTAIN ____ RECUSE ____ 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: February 25, 2014 David J. Twa, County Administrator and Clerk of the Board of Supervisors By: June McHuen, Deputy cc: C. 95 To:Successor to the Redevelopment Agcy From:Catherine Kutsuris, Conservation and Development Director Date:February 25, 2014 Contra Costa County Subject:Approval of Administrative Budget and ROPS 14-15A BACKGROUND: Administrative Budget According to Health & Safety Code Section 34177 of Assembly Bill x1 26 (the “Dissolution Act”), the Successor Agency staff 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. The state statute specifies a minimum administrative cost 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 County Auditor Controller calculates the allowance using three percent of the distribution to be received by the Successor Agency from the Redevelopment Property Tax Trust Funds (RPTTF) or $250,000 for the fiscal year, whichever amount is greater. The County Auditor Controller general practice has been to provide all successor agencies in the County with the statutory minimum administrative cost allowance in the amount of $250,000 along with the July 1st RPTTF distribution. The County Auditor Controller will distribute a supplemental administrative cost allowance along with the January 2nd RPTTF distribution in cases where three percent of a successor agency's RPTTF distribution for the fiscal year is greater than $250,000. The Fiscal Year 2014-15 administrative budget is attached (see Exhibit A). The Successor Agency estimates that it will receive an administrative cost allowance equal to three percent of the Successor Agency’s RPTTF distribution or approximately $302,000 for the entire Fiscal Year 2014-15. The budget assumes the minimum $250,000 annual administrative cost allowance will be received in July 2014, with the remaining $52,000 received in January 2015. Some Successor Agency staff costs will be project-related and will be charged to non-administrative enforceable obligations (e.g. management of construction projects) shown on the Recognized Obligation Payment Schedules (ROPSs). These non-administrative and project management costs are estimated to contribute $104,833 in revenue for the administrative budget in Fiscal Year 2014-15. Recognized Obligation Payment Schedule 14-15A Beginning in Fiscal Year 2013-14, the DOF implemented a new naming convention for ROPS prepared for each six-month spending period. The ROPS for the July 1, 2014 to December 31, 2014 time period is the sixth ROPS prepared by the Successor Agency. This sixth ROPS is named "ROPS 14-15A" according to the DOF naming convention. This naming convention helps the DOF determine which six-month period of the fiscal year is covered by the ROPS. ROPS 14-15A covers the first half of Fiscal Year 14-15 and ROPS 14-15B covers the second half. Resolution No. 2014/58 adopts ROPS 14-15A, which is included as Exhibit B to this report. After adoption by the Successor Agency, ROPS 14-15A will be submitted to the Oversight Board for approval. The Oversight Board is scheduled to meet on February 26, 2014. As required under Health and Safety Code Section 34179.6, ROPS 14-15A will be submitted to the State Controller's Office, DOF and the County Auditor-Controller, and will be posted on the Successor Agency's website. The DOF must receive ROPS 14-15A no later than March 1, 2014. Assembly Bill 1484, the Dissolution Act "clean-up" legislation, became law on June 27, 2012. It provides a 45-day review period for the DOF once the Oversight Board has approved the ROPS. Within five days of the DOF decision on a ROPS, a Successor Agency may request a meet and confer with the DOF to discuss any disputed items. ROPS 14-15A authorizes all payments to be made by the Successor Agency for enforceable obligations for the six-month time period between July 1, 2014 and December 31, 2014. The payments noted on the ROPS are estimates. In most cases, assumptions made for ROPS 14-15A were based on actual expenditures in the prior ROPS and expected expenditures in ROPS 14-15A. The title page of ROPS 14-15A shows enforceable obligations require a $5,339,255 distribution from the Successor Agency’s RPTTF. This amount assumes the RPTTF has already set aside pass-through payments to taxing entities and administrative costs for the County Auditor Controller. 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 there is residual RPTTF after payment of these priorities, this residual revenue would be distributed to the taxing entities based on their tax rates for properties located within the project area. On July 18, 2013, the Department of Finance issued the Successor Agency a "Finding of Completion" pursuant to Health and Safety Code Section 34179.7. As a result of the issuance of the Finding of Completion, the Successor Agency is authorized to: (1) place loan agreements between the dissolved RDA and the County on the ROPS; (2) utilize proceeds derived from non-housing bonds issued prior to January 1, 2011, in a manner consistent with the original bond covenants; and (3) dispose of properties owned by the Former RDA pursuant to a long-range property management plan approved by the Successor Agency’s Oversight Board and the DOF. ROPS 13-14B relisted several bond-funded projects; including project management costs as allowed under Section 34191.4(c) which were rejected by DOF in the prior ROPS (see Lines 10, 14, 17, 20, 21, 22, 23, 24, 95). In addition to the bond-funded projects, ROPS 13-14B also committed housing bond proceeds derived from indebtedness obligations that were issued prior to January 1, 2011 to fund affordable housing projects as authorized under Health and Safety Code Section 34176(g)(1) (see Lines 111 through 120). The housing bond proceeds were committed to affordable housing projects consistent with the housing bond covenants through subsequent action by the Housing Successor. There are currently two outstanding loans from the County that need repayment, including the Montalvin Manor loan #59 and State Supplemental Educational Revenue Fund (SERAF) repayment (#74). According to Section 34191.4.(b)(2)(A), the maximum repayment amount authorized each fiscal year for repayments must be equal to one-half of the increase between the amount distributed to the taxing in a particular fiscal year and the amount distributed to taxing entities pursuant to that paragraph in the 2012–13 base year. In the base year of 2012-13, the County Auditor Controller made a total residual distribution of $359,755.05, the entire amount of which was distributed in July 2012 and no residual distribution was made in January 2013. The County Auditor Controller made a total residual distribution of $359,395.52 for 2013-14, the entire amount of which was paid in July 2013 with no residual distribution in January 2014. Since there was no increase in residual distribution between FY2013-14 and the 2012-13 base year, the Successor Agency is not requesting loan payments at this time, but will consider including loan repayment in the next ROPS. Since the SERAF loan was borrowed from the low and moderate income housing fund (LMIHF), it will need to be repaid before other loans, as required by statute. ROPS 13-14B also relisted the Fiscal Agreement with the East Bay Regional Park District (EBRPD) (see Line 65). The DOF denied this obligation previously, but the District was unable to participate in the meet-and-confer process to have DOF reconsider its decision. The DOF again denied this item in ROPS 13-14B, but indicated it would be eligible for reimbursement after the improvements proposed for the EBRPD’s Lone Tree Point property are completed. The enforceable obligation is listed on ROPS 14-15A, however no RPTTF revenue is requested at this time. Environmental Review The actions set forth in Resolution No. 2014/58 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 Dissolved RDA 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 July through December 2014, 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, and the Successor Agency would risk defaulting on enforceable obligations. CHILDREN'S IMPACT STATEMENT: Not Applicable ATTACHMENTS Resolution No. 2014/58 Fiscal Year 14-15 Admin Budget ROPS 14-15A Name of Successor Agency: Contra Costa CountyName of County:Contra CostaCurrent Period Requested Funding for Outstanding Debt or Obligation A2,648,481$ B1,483,011 C1,165,470 D- E5,339,255$ F5,089,255 G250,000 H Current Period Enforceable Obligations (A+E):7,987,736$ Successor Agency Self-Reported Prior Period Adjustment to Current Period RPTTF Requested Funding I Enforceable Obligations funded with RPTTF (E):5,339,255 J(1,362,475) K3,976,780$ County Auditor Controller Reported Prior Period Adjustment to Current Period RPTTF Requested Funding L Enforceable Obligations funded with RPTTF (E):5,339,255 M- N5,339,255 Name Title/s/Signature DateRecognized Obligation Payment Schedule (ROPS 14-15A) - SummaryFiled for the July 1, 2014 through December 31, 2014 PeriodEnforceable Obligations Funded with Non-Redevelopment Property Tax Trust Fund (RPTTF) Funding Sources (B+C+D):Non-Administrative Costs (ROPS Detail)Enforceable Obligations Funded with RPTTF Funding (F+G):Bond Proceeds Funding (ROPS Detail)Reserve Balance Funding (ROPS Detail)Other Funding (ROPS Detail) Six-Month Total Administrative Costs (ROPS Detail)Less Prior Period Adjustment (Report of Prior Period Adjustments Column S)Adjusted Current Period RPTTF Requested Funding (I-J)Less Prior Period Adjustment (Report of Prior Period Adjustments Column AA)Adjusted Current Period RPTTF Requested Funding (L-M)Certification of Oversight Board Chairman:Pursuant to Section 34177(m) 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 agency. AB CDE F G HIJKLMNOP Bond Proceeds Reserve Balance Other Funds Non-Admin Admin 223,359,972$ 1,483,011$ 1,165,470$ -$ 5,089,255$ 250,000$ 7,987,736$ 1 1:4 Contract for DevelopmentOPA/DDA/Constructi12/31/200912/31/2013Keyser Marston AssocFinancial services for property C - Y $ - 2 1:5 Homebuyer Resale Transaction Property Maintenance5/15/2007 12/29/2028 Contra Costa County Acquisition/rehabilitation BP,NR,R 24,068 N 8,500 $ 8,500 4 1:9 Youth Homes Facility OPA/DDA/Construction6/25/2008 12/29/2028 Contra Costa County Relocation costs BP 55,037 N 55,037 $ 55,037 5 1:11 Heritage Point Prop Dispostn Exp OPA/DDA/Construction4/12/2011 7/14/2028 CHDC Phase II of NR Town Center NR - Y $ - 7 1:14 Contracts -Relocation/MaintenanceOPA/DDA/Construction6/15/2006 12/29/2028 Contra Costa County Orbisonia Heights BP 20,856 N 20,856 $ 20,856 10 2:3 Placemaking Transit Village OPA/DDA/Construction12/19/2005 7/10/2026 AvalonBay Placemaking improvements (e.g, parks, etc)C 565,733 N 565,733 $ 565,733 14 2:8 Re-authorized Contract for Capital ImprvImprovement/Infrastructure4/18/2012 7/10/2026 Contra Costa County CCC Infrastructure improvements C 162,193 N 162,193 $ 162,193 17 2:12 Re-authorized Contract for ImprovementsImprovement/Infrastructure4/18/2012 7/14/2028 Contra Costa County NR Industrial infrastructure improv NR 5,510 N 5,510 $ 5,510 20 2:17 Contract for Sewer ImprovementsImprovement/Infrastructure12/14/2010 12/31/2014 Rodeo Sanitary District Sewer line undertaking R - Y $ - 21 2:18 Re-authorized Contract for ImprovementsImprovement/Infrastructure4/18/2012 7/10/2031 Contra Costa County RO obsolete infrastructure elements R 729,575 N 729,575 $ 729,575 22 2:22 Bond Project Management Project Management Costs7/1/2011 7/10/2026 Contra Costa County Payroll for employeesProject management costsC - Y $ - 23 2:23 Bond Project Management Project Management Costs7/1/2011 7/14/2028 Contra Costa County Payroll for employeesProject management costsNR - N - $ - 24 2:24 Bond Project Management Project Management Costs7/1/2011 7/10/2031 Contra Costa County Payroll for employeesProject management costsR 20,000 N 20,000 $ 20,000 28 3:29 Property holding costs Property Maintenance7/10/1984 6/30/2013 CCC Public Works Property maintenance ALL 5,357 N 5,357 $ 5,357 32 4:4 Contract for Planning Activities Professional Services2/1/2006 12/31/2014 Harris & Associates Transit Village engineering/inspection servicesC Y 34 4:9 Hookston Business Relocation Litigation 1/7/2011 12/31/2013 John De Beaumont Business Relocation C - Y $ - 45 5:23 Placemaking Transit Village OPA/DDA/Construction12/19/2005 7/10/2026 BART Placemaking station and bus intermodalC - Y $ - 46 5:24 Placemaking Transit Village OPA/DDA/Construction12/19/2005 7/10/2026 AvalonBay Placemaking improvements (ie parks, etc)C 384,213 N 384,213 $ 384,213 54 7:1 1999 Tax Allocation Bonds Bonds Issued On or Before 12/31/104/20/1999 8/1/2018 US Bank NA Bonds issue to fund non-housing projects. Put note bal as of 2/1/14C/BP/NR/R 12,174,147 N 451,270 $ 451,270 55 7:2 1999 Tax Allocation Bonds Bonds Issued On or Before 12/31/104/20/1999 8/1/2018 US Bank NA Bonds issue to fund housing projects. Put note bal as of 2/1/14C/BP/NR/R 146,493 N 15,473 $ 15,473 56 7:3 2003A Tax Allocation Bonds Bonds Issued On or Before 12/31/108/22/2003 8/1/2033 US Bank NA Bonds issue to fund non-housing projects. C 10,539,920 N 251,634 $ 251,634 57 7:4 2007A/AT/B Tax Allocation BondsBonds Issued On or Before 12/31/105/30/2007 8/1/2037 US Bank NA Bonds issue to fund non-housing projects. ALL 117,556,420 N 2,289,386 $ 2,289,386 58 7:5 2007A/AT/B Tax Allocation BondsBonds Issued On or Before 12/31/105/30/2007 8/1/2037 US Bank NA Bonds issue to fund housing projects. ALL 24,721,325 N 476,855 $ 476,855 59 7:6 Montalvin Manor Project Start Up LoanCity/County Loans On or Before 6/27/116/30/2003 7/8/2034 Contra Costa County Loan for project administration M 293,006 N Recognized Obligation Payment Schedule (ROPS) 14-15A - ROPS DetailJuly 1, 2014 through December 31, 2014(Report Amounts in Whole Dollars)Item #Payee Description/Project Scope Project Area Total Outstanding Debt or Obligation Retired Funding Source Six-Month TotalProject Name / Debt Obligation Obligation TypeContract/Agreement Execution Date RPTTF Non-Redevelopment Property Tax Trust Fund (Non-RPTTF) Contract/Agreement Termination Date AB CDE F G HIJKLMNOP Bond Proceeds Reserve Balance Other Funds Non-Admin Admin Recognized Obligation Payment Schedule (ROPS) 14-15A - ROPS DetailJuly 1, 2014 through December 31, 2014(Report Amounts in Whole Dollars)Item #Payee Description/Project Scope Project Area Total Outstanding Debt or Obligation Retired Funding Source Six-Month TotalProject Name / Debt Obligation Obligation TypeContract/Agreement Execution Date RPTTF Non-Redevelopment Property Tax Trust Fund (Non-RPTTF) Contract/Agreement Termination Date 60 7:7 Bond-License agreement Professional Services3/31/2006 3/31/2038 DAC Document repository for bond issues ALL 46,000 N 2,000 $ 2,000 61 7:8 Bond-Treasurer fees Fees 7/10/1984 8/1/2037 CCC Treasurer Cash management for bond issues ALL 5,028 N 594 $ 594 63 7:11 Hookston Station Remediation Litigation 11/5/1997 8/1/2037 Bank Of Amer, Trustee Remediation of hazardous material C 1,286,000 N 10,000 10,000 65 7:13 Fiscal Agreement Improvement/Infrastructure5/8/1990 7/10/2031 EBRPD Project improvement R 500,000 N 67 7:15 Trustee fees Fees 5/30/2007 8/1/2037 US Bank Annual administration fees 95ATAB BP/NR - Y $ - 68 7:16 Trustee fees Fees 4/20/1999 8/1/2018 US Bank Annual administration fees 99TAB C/BP/NR/R 34,257 N 205 2,260 $ 2,465 69 7:17 Trustee fees Fees 8/22/2003 8/1/2033 US Bank Annual administration fees 03ATAB C/BP/NR/R 70,823 N 312 2,483 $ 2,795 70 7:18 Trustee fees Fees 8/22/2003 8/1/2033 US Bank Annual administration fees 03BTAB BP/NR/R - Y $ - 71 7:19 Trustee fees Fees 5/30/2007 8/1/2037 US Bank Annual administration fees 07TAB ALL 127,215 N 895 4,995 $ 5,890 74 7:22 SERAF SERAF/ERAF 5/10/2010 7/10/2031 Housing Fund SERAF fy 2010-11 payment BP/R 500,717 N $ - 76 7:24 Financial Assistance OPA/DDA/Construction5/23/1989 5/1/2017 Park Regency Agency assistance C 2,200,000 N 500,000 275,000 $ 775,000 77 7:25 Financial Assistance OPA/DDA/Construction11/1/1998 11/1/2053 Bridge Housing Agency assistance C 1,700,000 N 50,000 50,000 $ 100,000 78 7:26 Financial Assistance OPA/DDA/Construction12/19/2005 5/1/2064 AvalonBay Agency assistance. C 41,464,457 N - 696,122 $ 696,122 81 7:32 Property maintenance costs Property Maintenance7/1/2012 6/30/2014 Bodhaine Weed abatement & property maintenanceBP/NR/R Y 82 8:19 I H Trail/Hookston Sttn RemediatnLitigation 8/15/2012 12/31/2013 Goldfarb Lipman Remediation of I H corridor parcels C 47,672 N 47,672 $ 47,672 83 8:20 I H Trail/Hookston Sttn RemediatnLitigation 8/15/2012 5/1/2064 Contra Costa County Remediation of I H corridor parcels C 24,829 N 24,829 $ 24,829 84 8:21 I H Trail/Hookston Sttn RemediatnLitigation 8/15/2012 5/1/2064 Contra Costa County Payroll for employeesProject management costsC - Y $ - 85 8:22 Technical Assistance Professional Services7/10/1984 7/10/2031 Public Works Department Technical Assist for non-housing projectsALL 30,000 N 30,000 $ 30,000 87 8:24 Iron Horse Trail properties Project Management Costs1/1/2013 5/1/2064 Contra Costa County Payroll for employeesProject management costs.C 10,000 N 5,000 $ 5,000 88 8:25 Transit Village OPA/DDA/Construction8/15/2012 12/31/2013 Goldfarb & Lipman Transit Village implementation C 34,474 N 20,000 $ 20,000 89 8:26 Transit Village OPA/DDA/Construction8/15/2012 5/1/2064 Contra Costa County Payroll for employeesProject management costs. C 85,000 N 15,000 $ 15,000 91 8:28 Hookston Station Remediation Litigation 1/23/2012 6/15/2015 Ensafe Administrator of haz-mat remediation fund. C 26,014 N - 8,400 $ 8,400 92 8:29 Tri City Remediation Litigation 1/7/2011 7/10/2036 Contra Costa County Payroll for employeesProject management costs. C 10,000 N 10,000 $ 10,000 94 6:0 Adminstrative Allowance Admin Costs 7/1/2013 5/1/2064 Contra Costa County Adminstrative Allowance ROPS 2014-15AAll 6,992,000 N 250,000 $ 250,000 100 9:01 Tri City Remediation (7:12) Phase IIRemediation 1/7/2011 5/1/2064 Contra Costa County Tri-City Remediation C Y 103 10:01 Return of funds Miscellaneous 2/1/2012 6/30/2014 LMIHAF (Housing Successor)LMIHAF revenue posted incorrectly to Successor Agency (Berry)BP Y 104 10:02 Iron Horse (IH) Corridor Remediation and property managementProject Management Costs7/1/2013 5/1/2064 Contra Costa County Management of IH Corridor properties, including maintenance, remediation, and preparation of property transfer. C 147,601 N 147,601 $ 147,601 105 10:03 IH Corridor Remediation and property managementProject Management Costs7/1/2013 5/1/2064 Contra Costa County Management of IH Corridor properties, including maintenance, remediation, and preparation of property transfer.20,000 N AB CDE F G HIJKLMNOP Bond Proceeds Reserve Balance Other Funds Non-Admin Admin Recognized Obligation Payment Schedule (ROPS) 14-15A - ROPS DetailJuly 1, 2014 through December 31, 2014(Report Amounts in Whole Dollars)Item #Payee Description/Project Scope Project Area Total Outstanding Debt or Obligation Retired Funding Source Six-Month TotalProject Name / Debt Obligation Obligation TypeContract/Agreement Execution Date RPTTF Non-Redevelopment Property Tax Trust Fund (Non-RPTTF) Contract/Agreement Termination Date106 10:04 Return of Funds Miscellaneous 9/28/2012 6/30/2014 LMIHAF (Housing Successor)LMIHAF revenue posted incorrectly to Successor Agency (EAH)R Y 107 10:05 Return of funds Miscellaneous 2/1/2012 6/30/2014 LMIHAF (Housing Successor)LMIHAF revenue posted incorrectly to Successor Agency (State of CA)NR Y 108 10:06 Litigation Costs for Defaulted LoansLitigation 6/30/2011 7/10/2031 CCC Counsel Litigation costs to collect on default SA outstanding notes receivables (from Vallero, Keefe).ALL 5,000 N 5,000 $ 5,000 109 10:07 Bond Arbitrage Rebate Reporting ComplianceFees 7/1/2011 6/30/2014 BLX Group LLC Arbitrage Rebate Compliance Services ALL 69,256 N 5,000 $ 5,000 110 10:08 Disclosure Statements Reporting ComplianceFees 4/20/1999 3/1/2038 Jones Hall Disclosure Statements Compliance ServicesALL 142,000 N 5,000 $ 5,000 111 10:09 Bay Point Housing Project (Orbisonia Heights) ManagementOPA/DDA/Construction12/29/1987 12/29/2028 Contra Costa County Costs associated with staff costs, RFQ/RFP preparation and review, financial review, and DDA assistance for developers.BP - Y $ - 112 10:10 Rodeo Housing Project (Town Center) ManagementOPA/DDA/Construction7/10/1990 7/10/2031 Contra Costa County Costs associated with staff costs, RFQ/RFP preparation and review, financial review, and DDA assistance for developers.R - Y $ - 113 10:11 North Richmond Housing Project (Heritage Point) ManagementOPA/DDA/Construction7/14/1987 7/14/2028 Contra Costa County Costs associated with staff costs, RFQ/RFP preparation and review, financial review, and DDA assistance for developers.NR - Y $ - 114 10:12 Montalvin Manor Housing Project ManagementOPA/DDA/Construction7/8/2003 7/8/2034 Contra Costa County Costs associated with staff costs, RFQ/RFP preparation and review, financial review, and DDA assistance for developers.MM - Y $ - 115 10:13 infrastructure/Project ManagementOPA/DDA/Construction7/8/2003 7/8/2034 Contra Costa County Costs associated with staff costs, RFQ/RFP preparation and review, financial review, and DDA assistance for developers.All - Y $ - 116 10:14 Bay Point Restricted Unspent Bond ProceedsMiscellaneous 2/1/2012 12/29/2028 Successor Agency Restoring unspent bond proceeds BP Y 117 10:15 North Richmond Restricted Unspent Bond ProceedsMiscellaneous 2/1/2012 7/14/2028 Successor Agency Restoring unspent bond proceeds R Y 118 10:16 Rodeo Restricted Unspent Bond ProceedsMiscellaneous 2/1/2012 7/10/2031 Successor Agency Restoring unspent bond proceeds NR Y 119 10:17 Return of Funds to LMIHAF (Housing Successor)Miscellaneous 2/1/2012 6/30/2014 LMIHAF (Housing Successor)LMIHAF revenue posted incorrectly to Successor Agency (Olson)CCC Y 120 10:18 Return of funds to LMIHAF (Housing Successor)Miscellaneous 7/6/2012 6/30/2014 LMIHAF (Housing Successor)LMIHAF revenue posted incorrectly to Successor Agency (Coggins)CCC Y 121 10:19 Unfunded approved administrative costs allowanceAdmin Costs 1/1/2013 6/30/2014 Successor Agency ROPS III unpaid administrative costs allowanceAll - Y $ - 122 10:20 Unfunded (approved) Enforceable Obligations from ROPS 13-14BUnfunded Liabilities 7/1/2014 12/31/2014 Successor Agency ROPS 13-14B unpaid allowance. All 377,776 N 377,776 $ 377,776 $ - $ - AB CDEFGHIOther RPTTF Bonds Issued on or before 12/31/10 Bonds Issued on or after 01/01/11 Prior ROPS period balances and DDR balances retained Prior ROPS RPTTF distributed as reserve for next bond payment Rent,Grants,Interest, Etc. Non-Admin and Admin ROPS 13-14A Actuals (07/01/13 - 12/31/13)1 Beginning Available Cash Balance (Actual 07/01/13)Note that for the RPTTF, 1 + 2 should tie to columns J and O in the Report of Prior Period Adjustments (PPAs)10,094,610 2,278,567 972,499 - 2 Revenue/Income (Actual 12/31/13) Note that the RPTTF amounts should tie to the ROPS 13-14A distribution from the County Auditor-Controller during June 20131,251 5 5,996,011 3 Expenditures for ROPS 13-14A Enforceable Obligations (Actual 12/31/13)Note that for the RPTTF, 3 + 4 should tie to columns L and Q in the Report of PPAs254,826 972,499 5,229,606 4 Retention of Available Cash Balance (Actual 12/31/13) Note that the RPTTF amount should only include the retention of reserves for debt service approved in ROPS 13-14A5 ROPS 13-14A RPTTF Prior Period Adjustment Note that the RPTTF amount should tie to column S in the Report of PPAs. No entry required1,362,475 6 Ending Actual Available Cash Balance C to G = (1 + 2 - 3 - 4), H = (1 + 2 - 3 - 4 - 5) 10,095,861$ -$ 2,023,746$ -$ -$ (596,070)$ ROPS 13-14B Estimate (01/01/14 - 06/30/14)7 Beginning Available Cash Balance (Actual 01/01/14) (C, D, E, G = 4 + 6, F = H4 + F4 + F6, and H = 5 + 6)10,095,861$ -$ 2,023,746$ -$ -$ 766,405$ 8 Revenue/Income (Estimate 06/30/14)Note that the RPTTF amounts should tie to the ROPS 13-14B distribution from the County Auditor-Controller during January 20146,095,312 9 Expenditures for 13-14B Enforceable Obligations (Estimate 06/30/14)10,095,861 1,851,171 6,339,914 10 Retention of Available Cash Balance (Estimate 06/30/14) Note that the RPTTF amounts may include the retention of reserves for debt service approved in ROPS 13-14B11 Ending Estimated Available Cash Balance (7 + 8 - 9 -10)-$ -$ 172,575$ -$ -$ 521,803$ Recognized Obligation Payment Schedule (ROPS) 14-15A - 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.Fund SourcesComments Bond Proceeds Reserve Balance Cash Balance Information by ROPS Period A B C D E F G H I J K L M N O P Q R S T U V W X Y Z AA AB Net SA Non-Admin and Admin PPA (Amount Used to Offset ROPS 14-15A Requested RPTTF) Net CAC Non-Admin and Admin PPA (Amount Used to Offset ROPS 14-15A Requested RPTTF) Authorized Actual Authorized Actual Authorized Actual Authorized AvailableRPTTF (ROPS 13-14A distributed + all other available as of 07/1/13) Net Lesser of Authorized / Available Actual Difference (If K is less than L, the difference is zero) Authorized AvailableRPTTF (ROPS 13-14A distributed + all other available as of 07/1/13) Net Lesser of Authorized / Available Actual Difference(If total actual exceeds total authorized, the total difference is zero) Net Difference(M+R) Net Lesser of Authorized / Available Actual Difference Net Lesser of Authorized / Available Actual Difference Net Difference 332,840$ -$ 1,353,289$ 1,227,325$ -$ -$ 6,624,296$ 6,342,055$ 6,342,055$ 4,979,606$ 1,362,449$ 250,000$ 250,000$ 250,000$ 249,974$ 26$ 1,362,475$ -$ -$ -$ 1 1:4 Contract for Development - 30,000 - - - $ - $ - $ - 2 1:5 Homebuyer Resale Transaction - 8,500 3,963 - - $ - $ - $ - 3 1:6 Homebuyer Resale Revolving - 15,000 15,000 - - $ - $ - $ - 4 1:9 Youth Homes Facility - 175,000 105,259 - - $ - $ - $ - 5 1:11 Heritage Point Prop Dispostn Exp - 120,609 102,732 - - $ - $ - $ - 6 1:13 Las Deltas Feasibility - - - - $ - $ - $ - 7 1:14 Contracts -Relocation/Maintenance - 25,261 21,452 - - $ - $ - $ - 8 1:17 1250 Las Juntas disposition exp - - - - $ - $ - $ - 9 2:2 Iron Horse Trail Overcrossing - - - - $ - $ - $ - 10 2:3 Placemaking Transit Village 332,840 - - - - $ - $ - $ - 11 2:4 Placemaking Transit Village - - - - $ - $ - $ - 12 2:5 BART Replacement Garage - - - - $ - $ - $ - 13 2:7 Contract for Community Imprv - - - - $ - $ - $ - 14 2:8 Re-authorized Contract for Capital Imprv - - - - $ - $ - $ - 15 2:9 Contract for Wayfinding Prog - - - - $ - $ - $ - 16 2:10 Contract for Wayfinding Prog - - - - $ - $ - $ - 17 2:12 Re-authorized Contract for Improvements - - - - $ - $ - $ - 18 2:14 Contract for Relocation Consultant - - - - $ - $ - $ - 19 2:16 Contracts -Relocation/Maintenance - - - - $ - $ - $ - 20 2:17 Contract for Sewer Improvements - - - - $ - $ - $ - 21 2:18 Re-authorized Contract for Improvements - - - - $ - $ - $ - 22 2:22 Bond Project Management - - - - - $ - $ - $ - 23 2:23 Bond Project Management - - - - $ - $ - $ - 24 2:24 Bond Project Management - - - - $ - $ - $ - 25 3:10 Contract for legal services - - - - $ - $ - $ - 26 3:11 Contract for financial analysis - - - - $ - $ - $ - 27 3:15 Contract for financial advisor - - - 43,802 43,802 $ 43,802 - $ 43,802 $ 43,802 28 3:29 Property holding costs - - - 48,322 5,357 $ 5,357 $ 5,357 $ 5,357 29 4:1 Hookston Station Remediation - - - - $ - $ - $ - 30 4:2 Contract for Planning Activities - - - - $ - $ - $ - 31 4:3 Contract for Planning Activities - - - - $ - $ - $ - 32 4:4 Contract for Planning Activities - - - - $ - $ - $ - 33 4:7 Transit Village (TV) Consultant Fee - - - - $ - $ - $ - 34 4:9 Hookston Business Relocation - - - 462,475 223,199 $ 223,199 223,199 $ - $ - 35 4:10 Placemaking Civic Use - - - - $ - $ - $ - 36 4:11 Walden I Upgrade - - - - $ - $ - $ - 37 4:12 Contract for Busn Relocation - - - - $ - $ - $ - 38 4:13 Heritage Point Land - - - - $ - $ - $ - 39 4:16 County Child Care Mitagation - - - - $ - $ - $ - 40 4:17 Loan Program - - - - $ - $ - $ - 41 4:26 189-199 Parker - - - - $ - $ - $ - 42 4:27 Walden II Remediation - - - - $ - $ - $ - 43 4:28 Walden II Remediation - - - - $ - $ - $ - 44 5:4 Hookston Station Remediation - - - - $ - $ - $ - 45 5:23 Placemaking Transit Village - - - 362,824 362,824 $ 362,824 362,824 $ - $ - 46 5:24 Placemaking Transit Village - - - 683,950 683,950 $ 683,950 256,149 $ 427,801 $ 427,801 47 5:27 Various Admin expenses - - - - $ - $ - $ - 48 5:28 Contract for accounting - - - - $ - $ - $ - 49 5:29 Legal fees - - - - $ - $ - $ - 50 6:1 Lease (30 Muir) - - - - $ - $ - $ - 51 6:3 Employee costs - - - - $ - $ - $ - 52 6:9 Contract for legal services - - - - $ - $ - $ - 53 6:10 Contract for accounting - - - - $ - $ - $ - 54 7:1 1999 Tax Allocation Bonds - 217,500 217,500 - 449,645 449,645 $ 449,645 449,645 $ - $ - 55 7:2 1999 Tax Allocation Bonds - 12,500 12,500 - 16,097 16,097 $ 16,097 16,097 $ - $ - 56 7:3 2003A Tax Allocation Bonds - 77,500 77,500 - 250,393 250,393 $ 250,393 250,393 $ - $ - 57 7:4 2007A/AT/B Tax Allocation Bonds - 572,499 572,499 - 2,632,469 2,632,469 $ 2,632,469 2,632,469 $ - $ - 58 7:5 2007A/AT/B Tax Allocation Bonds - 92,500 92,500 - 474,569 474,569 $ 474,569 474,569 $ - $ - 59 7:6 Montalvin Manor Project Start Up Loan - - - - $ - $ - $ - 60 7:7 Bond-License agreement - - - - $ - $ - $ - 61 7:8 Bond-Treasurer fees - - - 600 600 $ 600 6 $ 594 $ 594 62 7:9 Bond-Accounting fees - - - - $ - $ - $ - 63 7:11 Hookston Station Remediation - - - - $ - $ - $ - 64 7:12Tri City Remediation - 6,420 6,420 - - $ - $ - $ - 65 7:13 Fiscal Agreement - - - - $ - $ - $ - 66 7:14 Loan for Wildcat/San Pablo - - - - $ - $ - $ - 67 7:15 Trustee fees - - - 750 750 $ 750 330 $ 420 $ 420 68 7:16 Trustee fees - - - 2,000 2,000 $ 2,000 2,000 $ - $ - 69 7:17 Trustee fees - - - 3,200 3,200 $ 3,200 2,888 $ 312 $ 312 70 7:18 Trustee fees - - - 2,700 2,700 $ 2,700 - $ 2,700 $ 2,700 71 7:19 Trustee fees - - - 5,500 5,500 $ 5,500 4,605 $ 895 $ 895 72 7:20 LMIF Monitorring (rental) - - - - $ - $ - $ - 73 7:21 LMIF Monitorring (ownership) - - - - $ - $ - $ - 74 7:22 SERAF - - - - $ - $ - $ - 75 7:23 Town Center/Housing - - - - $ - $ - $ - 76 7:24 Financial Assistance - - - 275,000 275,000 $ 275,000 - $ 275,000 $ 275,000 77 7:25 Financial Assistance - - - 100,000 100,000 $ 100,000 100,000 $ - $ - 78 7:26 Financial Assistance - - - 650,000 650,000 $ 650,000 64,432 $ 585,568 $ 585,568 79 7:27 Contract for accounting - - - - $ - $ - $ - 80 7:30 Property taxes - - - - $ - $ - $ - 81 7:32 Property maintenance costs - - - - $ - $ - $ - 82 8:19 I H Trail/Hookston Sttn Remediatn - - - - $ - $ - $ - 83 8:20 I H Trail/Hookston Sttn Remediatn - - - - $ - $ - $ - 84 8:21 I H Trail/Hookston Sttn Remediatn - - - - $ - $ - $ - 85 8:22 Technical Assistance - - - - $ - $ - $ - 86 8:23 Contract for legal services - - - - $ - $ - $ - 87 8:24 Iron Horse Trail properties - - - 5,000 5,000 $ 5,000 5,000 $ - $ - 88 8:25 Transit Village - - - 20,000 20,000 $ 20,000 - $ 20,000 $ 20,000 89 8:26 Transit Village - - - 15,000 15,000 $ 15,000 15,000 $ - $ - 90 8:27 Principal/Interest fy2007-2011 - - - - $ - $ - $ - 91 8:28 Hookston Station Remediation - - - - $ - $ - $ - 92 8:29 Tri City Remediation - - - 10,000 10,000 $ 10,000 10,000 $ - $ - 93 8:30 Mgmt of Housing Projects - - - - $ - $ - $ - 94 6:0 Adminstrative Allowance - - - - $ - $ - $ - 95 2:12 Contract for Improvements - - - - $ - $ - $ - 96 7:20 LMIF Monitorring (rental) - - - - $ - $ - $ - 97 7:21 LMIF Monitorring (ownership) - - - - $ - $ - $ - 98 8:23 Contract for legal services - - - - $ - $ - $ - 99 8:30 Management of Projects - - - - $ - $ - $ - CAC Comments SA Comments Recognized Obligation Payment Schedule (ROPS) 14-15A - Report of Prior Period AdjustmentsReported for the ROPS 13-14A (July 1, 2013 through December 31, 2013) Period Pursuant to Health and Safety Code (HSC) section 34186 (a)(Report Amounts in Whole Dollars)ROPS 13-14A Successor Agency (SA) Self-reported Prior Period Adjustments (PPA): Pursuant to HSC Section 34186 (a), SAs are required to report the differences between their actual available funding and their actual expenditures for the ROPS 13-14A (July through December 2013) period. The amount of Redevelopment Property Tax Trust Fund (RPTTF) approved for the ROPS 14-15A (July through December 2014) period will be offset by the SA’s self-reported ROPS 13-14A prior period adjustment. HSC Section 34186 (a) also specifies that the prior period adjustments self-reported by SAs are subject to audit by the county auditor-controller (CAC) and the State Controller. Item # Project Name / Debt Obligation Non-RPTTF ExpendituresNon-AdminNon-Admin CAC Admin CACAdminBond Proceeds Reserve Balance Other FundsRPTTF ExpendituresRPTTF ExpendituresROPS 13-14A CAC PPA: To be completed by the CAC upon submittal of the ROPS 14-15A by the SA to Finance and the CAC. Note that CACs will need to enter their own formulas at the line item level pursuant to the manner in which they calculate the PPA. Also note that the admin amounts do not need to be listed at the line item level and may be entered as a lump sum. A B C D E F G H I J K L M N O P Q R S T U V W X Y Z AA AB Net SA Non-Admin and Admin PPA (Amount Used to Offset ROPS 14-15A Requested RPTTF) Net CAC Non-Admin and Admin PPA (Amount Used to Offset ROPS 14-15A Requested RPTTF) Authorized Actual Authorized Actual Authorized Actual Authorized AvailableRPTTF (ROPS 13-14A distributed + all other available as of 07/1/13) Net Lesser of Authorized / Available Actual Difference (If K is less than L, the difference is zero) Authorized AvailableRPTTF (ROPS 13-14A distributed + all other available as of 07/1/13) Net Lesser of Authorized / Available Actual Difference(If total actual exceeds total authorized, the total difference is zero) Net Difference(M+R) Net Lesser of Authorized / Available Actual Difference Net Lesser of Authorized / Available Actual Difference Net Difference 332,840$ -$ 1,353,289$ 1,227,325$ -$ -$ 6,624,296$ 6,342,055$ 6,342,055$ 4,979,606$ 1,362,449$ 250,000$ 250,000$ 250,000$ 249,974$ 26$ 1,362,475$ -$ -$ -$ CAC Comments SA Comments Recognized Obligation Payment Schedule (ROPS) 14-15A - Report of Prior Period AdjustmentsReported for the ROPS 13-14A (July 1, 2013 through December 31, 2013) Period Pursuant to Health and Safety Code (HSC) section 34186 (a)(Report Amounts in Whole Dollars)ROPS 13-14A Successor Agency (SA) Self-reported Prior Period Adjustments (PPA): Pursuant to HSC Section 34186 (a), SAs are required to report the differences between their actual available funding and their actual expenditures for the ROPS 13-14A (July through December 2013) period. The amount of Redevelopment Property Tax Trust Fund (RPTTF) approved for the ROPS 14-15A (July through December 2014) period will be offset by the SA’s self-reported ROPS 13-14A prior period adjustment. HSC Section 34186 (a) also specifies that the prior period adjustments self-reported by SAs are subject to audit by the county auditor-controller (CAC) and the State Controller. Item # Project Name / Debt Obligation Non-RPTTF ExpendituresNon-AdminNon-Admin CAC Admin CACAdminBond Proceeds Reserve Balance Other FundsRPTTF ExpendituresRPTTF ExpendituresROPS 13-14A CAC PPA: To be completed by the CAC upon submittal of the ROPS 14-15A by the SA to Finance and the CAC. Note that CACs will need to enter their own formulas at the line item level pursuant to the manner in which they calculate the PPA. Also note that the admin amounts do not need to be listed at the line item level and may be entered as a lump sum. 100 9:01 Tri City Remediation (7:12) Phase II - - - 110,000 110,000 $ 110,000 110,000 $ - $ - 101 9:02 Iron Horse Overcrossing 2:2 (Lighting change order) - - - - $ - $ - $ - 102 9:03 Contract for Sewer Improvements 2:17 (change order) - - - - $ - $ - $ - $ - $ - $ - Item #Notes/Comments2 1:5  Homebuyer Resale Transaction: All anticipated funding for this item was previously shown on a previously approved Recognized Obligation Payment Schedule (ROPS).  No additional funding is requested in connection with this ROPS 14‐15A.  However, not all of the funds approved on previous approved ROPS were actually spent during the period ending December 31 , 2013, due to delays in project approval, contracting or implementation.  By this note, it is indicated that some of the funds designated for this item on a previously approved ROPS may actually be carried forward and spent during some or all the months of this ROPS 14‐15A period. For total outstanding debt or obligation, amount shown is as per most recent information as of January 1, 2014.  Use of LMIHF balances retained to cover future obligations in accordance with Fininace's LMIHF DDR determination.4 1:9  Youth Homes Facility.  Use of LMIHF balances retained to cover future obligations in accordance with Fininace's LMIHF DDR determination.7 1:14  Orbisonia Heights: All anticipated funding for this item was previously shown on a previously approved ROPS.  No additional funding is requested in connection with this ROPS 14‐15A.  However, not all of the funds approved on previous approved ROPS were actually spent during the period ending December 31 , 2013, due to delays in project approval, contracting or implementation.  By this note, it is indicated that some of the funds designated for this item on a previously approved ROPS may actually be carried forward and spent during some or all the months of this ROPS 14‐15A period.  For total outstanding debt or obligation, amount shown is as per most recent information as of January 1, 2014.  Use of LMIHF balances retained to cover future obligations in accordance with Fininace's LMIHF DDR determination.10 2:3  Placemaking Transit Village: All anticipated funding for this item was previously shown on a previously approved ROPS.  No additional funding is requested in connection with this ROPS 14‐15A.  However, not all of the funds approved on previous approved ROPS were actually spent during the period ending December 31 , 2013, due to delays in project approval, contracting or implementation.  By this note, it is indicated that some of the funds designated for this item on a previously approved ROPS may actually be carried forward and spent during some or all the months of this ROPS 14‐15A period.  For total outstanding debt or obligation, amount shown is as per most recent information as of January 1, 2014.14 2:8  CCC Infrastructure Improvements: All anticipated funding for this item was previously shown on a previously approved ROPS.  No additional funding is requested in connection with this ROPS 14‐15A.  However, not all of the funds approved on previous approved ROPS were actually spent during the period ending December 31 , 2013, due to delays in project approval, contracting or implementation.  By this note, it is indicated that some of the funds designated for this item on a previously approved ROPS may actually be carried forward and spent during some or all the months of this ROPS 14‐15A period.  For total outstanding debt or obligation, amount shown is as per most recent information as of January 1, 2014.17 2:12 Re-authorized Contract for North Richmond Infrastructure Improvements:21 2:18  Rodeo Obsolete Infrastructure Elements: All anticipated funding for this item was previously shown on a previously approved ROPS.  No additional funding is requested in connection with this ROPS 14‐15A.  However, not all of the funds approved on previous approved ROPS were actually spent during the period ending December 31 , 2013, due to delays in project approval, contracting or implementation.  By this note, it is indicated that some of the funds designated for this item on a previously approved ROPS may actually be carried forward and spent during some or all the months of this ROPS 14‐15A period.  For total outstanding debt or obligation, amount shown is as per most recent information as of January 1, 2014.23 2:23 Bond Project Management24 2:24 Bond Project Management28 3:29 Property Holding Costs. Use of other Funds and Accounts (OFA) balances retained to cover future obligations in accordance with Finance's OFA DDR Determination.46 5:24 Placemaking Transit Village (AvalonBay).  Carryover of a preceding ROPS period RPTTF for use in this ROPS period.54 7:1 1999 Tax Allocation Bonds: For total outstanding debt or obligation, amount shown is as per most recent information as of February 1, 2014.55 7:2 1999 Tax Allocation Bonds: For total outstanding debt or obligation, amount shown is as per most recent information as of February 1, 2014.56 7:3 2003A Tax Allocation Bonds: For total outstanding debt or obligation, amount shown is as per most recent information as of February 1, 2014.57 7:4 2007A/AT/B Tax Allocation Bonds: For total outstanding debt or obligation, amount shown is as per most recent information as of February 1, 201458 7:5 2007A/AT/B Tax Allocation Bonds: For total outstanding debt or obligation, amount shown is as per most recent information as of February 1, 2014.Recognized Obligation Payment Schedule 14-15A - Notes July 1, 2014 through December 31, 2014 Item #Notes/CommentsRecognized Obligation Payment Schedule 14-15A - Notes July 1, 2014 through December 31, 201459 7:6 Montalvin Manor Project Start Up Loan60 7:7 Bond‐License agreement61 7:8 Bond‐Treasurer fees.  Carryover of a preceding ROPS period RPTTF for use in this ROPS period.63 7:11 Hookston Station Remediation65 7:13 Fiscal Agreement67 7:15 Trustee fees68 7:16 Trustee fees69 7:17 Trustee fees70 7:18 Trustee fees71 7:19 Trustee fees74 7:22 SERAF:  All anticipated funding for this item was previously shown on a previously approved ROPS.  No additional funding is requested in connection with this ROPS 14‐15A.  However, not all of the funds approved on previous approved ROPS were actually spent during the period ending December 31, 2013, due to delays in project approval, contracting or implementation.  By this note, it is indicated that some of the funds designated for this item on a previously approved ROPS may actually be carried forward and spent during some or all the months of this ROPS 14‐15A period.  For total outstanding debt or obligation, amount shown is as per most recent information as of January 1, 2014.76 7:24 Financial Assistance.   Reserve Balance is carryover of a preceding ROPS period RPTTF for use in this ROPS period.  Additional funding under RPTTF requested to pay for additional relocation/remediation costs.77 7:25 Financial Assistance. 78 7:26 Financial Assistance.   The total outstanding debt or obligation, amount shown is as per information as of May 8, 2014 after payment of reserve amount.82 8:19  Iron Horse Trail/Hookston Station Remediation:  All anticipated funding for this item was previously shown on a previously approved ROPS.  No additional funding is requested in connection with this ROPS 14‐15A.  However, not all of the funds approved on previous approved ROPS were actually spent during the period ending December 31, 2013, due to delays in project approval, contracting or implementation.  By this note, it is indicated that some of the funds designated for this item on a previously approved ROPS may actually be carried forward and spent during some or all the months of this ROPS 14‐15A period.  For total outstanding debt or obligation, amount shown is as per most recent information as of January 1, 2014.  Carryover of a preceding ROPS period RPTTF for use in this ROPS period.83 8:20  Iron Horse Trail/Hookston Station Remediation:  All anticipated funding for this item was previously shown on a previously approved ROPS.  Additional funding is requested in connection with this ROPS 14‐15A.  However, not all of the funds approved on previous approved ROPS were actually spent during the period ending December 31, 2013, due to delays in project approval, contracting or implementation.  By this note, it is indicated that some of the funds designated for this item on a previously approved ROPS may actually be carried forward and spent during some or all the months of this ROPS 14‐15A period.  For total outstanding debt or obligation, amount shown is as per most recent information as of January 1, 2014.  Reserve Balance is carryover of a preceding ROPS period RPTTF for use in this ROPS period.85 8:22 Technical Assistance.87 8:24 Iron Horse Trail properties.  Total outstanding debt or obligation the amount shown is as per information as of June 1, 2014.88 8:25 Transit Village.  Carryover of a preceding ROPS period RPTTF for use in this ROPS period.89 8:26 Transit Village.  Total outstanding debt or obligation the amount shown is as per information as of June 1, 2014.91 8:28 Hookston Station Remediation:  Total outstanding debt or obligation the amount shown is as per information as of June 1, 2014.92 8:29 Tri City Remediation.  Total outstanding debt or obligation the amount shown is as per information as of June 1, 2014.94 6:0 Adminstrative Allowance104 10:02 Iron Horse Corridor Remediation and Property Management:  Property carrying costs for remediation consistent with the Long Range Property Management Plan. For total outstanding debt or obligation, amount shown is as per most recent information as of February 1, 2014. Item #Notes/CommentsRecognized Obligation Payment Schedule 14-15A - Notes July 1, 2014 through December 31, 2014108 10:06 Litigation Costs for Defaulted Loans:  Litigation costs to collect on default Successor Agency outstanding notes receivable (from Valero and Keefe).   Collected funds will be used to pay enforceable obligations or distributed to taxing entities. 109 10:07 Bond Arbitrage Rebate Reporting Compliance:  Funds required for mandatory obligation to file Bond Arbitrage Rebate Report related to outstanding 1999 Tax Allocation Bond.110 10:08 Disclosure Statements Reporting Compliance:  Funds required for mandatory obligation to file annual Disclosure Statements related to outstanding 1999 Tax Allocation Bond, 2003 Tax Allocation Bond and 2007 Tax Allocation Bond.122 10:20 Unfunded (approved) Enforceable Obligations from ROPS 13‐14B:  Successor Agency did not receive the Finance approved RPTTF amount to pay ROPS 13‐14B enforceable obligation items.