HomeMy WebLinkAbout2011-08-25 Study Session - Ordinance 1227 AB X1 27 i
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NOTICE OF STUDY SESSION
OF THE
PALM DESERT CITY COUNCIL
NOTICE IS HEREBY GIVEN that the Palm Desert City Council will convene for a
Study Session Thursday, August 25, 2011, at 2:00 p.m. in the
Administrative Conference Room of the Palm Desert Civic Center, 73510 Fred Waring
Drive, Palm Desert, California 92260. Said Study Session will be for the purpose of
discussing the status of Redevelopment.
S
R CH LE D. LASSE , CITY CLERK
CITY OF PALM DESERT, CALIFORNIA
AUGUST 19, 2011
NO ACTION WILL BE TAKEN AT THE STUDY SESSION.
PURPOSE OF THE STUDY SESSION IS INFORMATION ONLY.
f.�PPIXiEX OX XE(Y(Lf0 PIPE1
CITY OF PALM DESERT/
PALM DESERT REDEVELOPMENT AGENCY
Study Session
August 25, 2011
2:00 p.m.
Administrative Conference Room (ACR)
Discussion Items:
A. Explanation of the Supreme Court decision to hear the case and the partial stay
(Bill S.)
B. Brief explanation of the effects of filing the appeal (Veronica)
C. Why consider the Ordinance for AB 1X 27 now if the Supreme Court is not going
to rule until late this year or early next year? (Justin)
Agenda Items for August 25, 2011 (related to above):
A. Resolutions adopting the Enforceable Obligation Payment Schedule and
approving the City of Palm Desert as the successor agency if the PDRDA were
to be dissolved
B. Consideration of an Ordinance to continue the activities of the PDRDA under AB
1X 27
Follow on Actions/Considerations:
A. Modification of the 2011/2012 Budget
B. Modification of the Reserve Policy
C. Consideration of the Capital Project Priorities
POSTED AGENDA
REGULARD PALM DESERT CITY COUNCIL MEETING AUGUST 25, 2011
XIV. NEW BUSINESS
A. CONSIDERATION OF AN ORDINANCE, APPROVING PARTICIATION IN
THE "ALTERNATIVE VOLUNTARY REDEVELOPMENT PROGRAM," AND
RELATED ACTIONS TO MAKE THE REQUIRED PAYMENTS TO THE
STATE OF CALIFORNIA AND CONTINUE REDEVELOPMENT ACTIVITIES
UNDER AB X1 27 (JOINT CONSIDERATION WITH THE PALM DESERT
REDEVELOPMENT AGENCY).
AMENDED ORDINANCE NO. 1227 ATTACHED WITH THE FOLLOWING
MODIFICATIONS:
1 . MINOR REVISIONS RELATED TO RENUMBERING OF
PARAGRAPHS
2. ADDITION OF PARAGRAPH RELATED TO THE STAY ISSUED BY
THE SUPREME COURT ON THE LAWSUIT FILED BY THE
CALIFORNIA REDEVELOPMENT ASSOCIATION AND
SUBSEQUENT MODIFICATION TO THE STAY.
ORDINANCE NO. 1227
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PALM
DESERT TO COMPLY WITH PART 1.9 OF DIVISION 24 OF THE
CALIFORNIA HEALTH AND SAFETY CODE AND TAKING CERTAIN
ACTIONS IN CONNECTION THEREWITH
RECITALS
A. The Palm Desert Redevelopment Agency (the "Agency") is a
redevelopment agency in the City of Palm Desert (the "City"), created pursuant to the
Community Redevelopment Law (Part 1 (commencing with Section 33000) of Division
24 of the California Health and Safety Code) (the "Redevelopment Law").
B. The City Council of the City (the "City Council") adopted (i) Ordinance No.
80, approving and adopting the redevelopment plan for Project Area No. 1 , and from
time to time, the City Council has amended such redevelopment plan, (ii) Ordinance No.
509, approving and adopting the redevelopment plan for Project Area No. 2, and from
time to time, the City Council has amended such redevelopment plan, (iii) Ordinance
No. 652, approving and adopting the redevelopment plan for Project Area No. 3, and
from time to time, the City Council has amended such redevelopment plan, and (iv)
Ordinance No. 724, approving and adopting the redevelopment plan for Project Area
No. 4, and from time to time, the City Council has amended such redevelopment plan.
C. AB X1 26 was signed by the Governor of California on June 29, 2011 ,
making certain changes to the Redevelopment Law, including adding Part 1.8
(commencing with Section 34161) and Part 1 .85 (commencing with Section 34170) to
Division 24 of the California Health and Safety Code. Commencing upon the
effectiveness of AB X1 26, AB X1 26 suspends most redevelopment agency activities
and, among other things, prohibits redevelopment agencies from incurring indebtedness
or entering into or modifying contracts. Effective October 1, 2011, AB X1 26 dissolves
all existing redevelopment agencies and redevelopment agency components of
community development agencies, designates successor agencies to the former
redevelopment agencies, and imposes numerous requirements on the successor
agencies and subjects successor agency actions to the review of oversight boards
established pursuant to the provisions of Part 1.85.
D. AB X1 27 was signed by the Governor of California on June 29, 2011,
adding Part 1.9 (commencing with Section 34192) to Division 24 of the California Health
and Safety Code. Part 1.9 establishes an Alternative Voluntary Redevelopment
Program whereby, notwithstanding the provisions of Part 1 .8 and Part 1 .85, a
redevelopment agency will be authorized to continue to exist and carry out the
provisions of the Redevelopment Law upon the enactment, prior to the applicable
deadline established in Part 1.9, by the city council of the city which includes that
redevelopment agency (the "participating city") of an ordinance to comply with Part 1 .9.
E. Part 1 .9 requires a participating city to make specified annual remittances
to the applicable county auditor-controller, who shall allocate the remittances for deposit
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ORDINANCE NO. 122,
into a Special District Allocation Fund, for allocation to specified special districts, and
into the county Educational Revenue Augmentation Fund, for allocation to educational
entities.
F. To participate in the Alternative Voluntary Redevelopment Program, in
addition to adopting the ordinance described in Recital D, above, Part 1.9 provides that
the participating city must, by November 1 , 2011, notify the applicable county auditor-
controller, the State Controller, and the State of California Department of Finance (the
"Department of Finance") that the participating city agrees to comply with the provisions
of Part 1 .9. The participating city's agreement to make the remittances provided for
under Part 1 .9 is a precondition to continue redevelopment pursuant to Part 1 .9.
G. Part 1.9 provides that for fiscal year 2011-12, a participating city shall
remit to the applicable county auditor-controller an amount equal to the amount
determined by the State of California Director of Finance (the "Director of Finance") for
the redevelopment agency pursuant to a formula set forth in Part 1 .9, which formula
utilizes information contained in the State Controller's redevelopment agency 2008-09
annual report. The amount represents the redevelopment agency's proportionate share
of the sum of $1,700,000,000. The initial amount determined by the Director of Finance
is subject to recalculation and reduction in the event the participating city timely files an
appeal in accordance with Health and Safety Code Section 34194(b)(2)(L).
H. For fiscal year 2012-13 and each fiscal year thereafter, a participating
city's remittance amount shall equal the amount determined pursuant to calculations
performed by the participating city in accordance with the requirements of Part 1 .9,
subject to adjustment based on audit and verification by the Director of Finance, the
State Controller and the applicable county auditor-controller. Part 1.9 provides that on
or before November 1st of each year, commencing November 1, 2012, a participating
city shall notify the Department of Finance, the State Controller, and the applicable
county auditor-controller of the remittance amount calculated by the participating city.
Part 1.9 provides that a participating city shall pay one-half of the total
remittance amount for a fiscal year on or before January 15 of that year and shall pay
the remaining one-half of the remittance amount on or before May 15 of that year.
J. Part 1.9 provides that a participating city making remittances pursuant to
Part 1.9 may use any available funds not otherwise obligated for other uses.
K. Part 1.9 provides that a participating city and the redevelopment agency in
that participating city may enter into an agreement pursuant to Part 1.9 whereby the
agency will transfer a portion of its tax increment to the participating city in an amount
not to exceed the annual remittance required that year pursuant to Part 1.9.
L. Part 1 .9 provides that if a participating city fails to make a remittance
payment, as calculated in accordance with the applicable provisions of Part 1.9 and
according to the schedule set forth in Recital I, above, the applicable county auditor-
controller shall notify the Director of Finance of the failure to make the payment within
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ORDINANCE NO. 1227
30 days. Upon receipt of the notification, the Director of Finance may determine that
the redevelopment agency in the participating city shall be subject to the requirements
of Part 1.8 and Part 1.85.
M. The Director of Finance has notified the City that its 2011-12 remittance
amount under Part 1.9 is $20,515,651. The City has appealed the amount of the
remittance to the Director of Finance, but the City has not yet been notified of the
Director's decision on the appeal.
N. The California Redevelopment Association and League of California Cities
have filed a lawsuit in the Supreme Court of California alleging that AB X1 26 and AB
X1 27 are unconstitutional. On August 11, 2011, the Supreme Court of California
decided to hear the case and set a briefing schedule designed to allow the Supreme
Court to decide the case before January 15, 2012. On August 11 , 2011 , the Supreme
Court also issued a stay order, which was subsequently modified on August 17, 2011 .
Pursuant to the modified stay order, the Supreme Court granted a stay of all of AB X1
27 (i.e., Part 1 .9), except for Health and Safety Code Section 34194(b)(2) (relating to
the determination of cities' fiscal year 2011-12 remittance amounts) and a partial stay
of AB X1 26. With respect to AB X1 26, Part 1.85 was stayed in its entirety, but Part 1.8
was not stayed.
O. In the event the stay is lifted and the Supreme Court upholds AB X1 26
and AB X1 27, the City desires to participate in the Alternative Voluntary
Redevelopment Program so that the Agency may continue to exist and carry out the
provisions of the Redevelopment Law.
P. The City has, or will have, available funds not otherwise obligated for other
uses with which to make the fiscal year 2011-12 remittance in an amount not to exceed
the amount set forth in Recital M.
Q. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF
PALM DESERT, CALIFORNIA DOES ORDAIN AS FOLLOWS:
Section 1 . The above recitals are true and correct and are a substantive part of
this Ordinance.
Section 2. This Ordinance is adopted as required by Health and Safety Code
Section 34193.
Section 3. So that the Agency may continue to exist and carry out the provisions
of the Redevelopment Law notwithstanding the provisions of Part 1.8 and Part 1.85, the
City Council hereby determines and declares that it shall comply with the requirements
and obligations contained in Part 1.9, as Part 1.9 exists on the date of adoption of this
Ordinance. In adopting this Ordinance or agreeing to comply with the provisions of Part
1.9, the City does not intend to incur an indebtedness or liability within the meaning of any
constitutional or statutory debt limitation or restriction.
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ORDINANCE NO. 122,
Section 4. Performance of actions under or pursuant to this Ordinance, including
the making of payments by the City to the Riverside County Auditor-Controller (the
"Auditor-Controller"), is made under protest. Neither the adoption of this Ordinance nor
the performance of actions under or pursuant to this Ordinance is intended by the City or
Agency to waive any right either may have to challenge the legality of all or any portion of
AB X1 26 or AB X1 27 through administrative or judicial proceedings, or to appeal the
City's fiscal year 2011-12 remittance amount pursuant to Health and Safety Code Section
34194(b)(2)(L), or to otherwise contest the remittance amount for any year. Any payments
hereunder are intended to be made without prejudice to the City's right to seek to recover
reimbursement of such payments, plus interest, should the requirement of making such
payments be stayed, enjoined, repealed, or held unconstitutional or unenforceable by any
court of competent jurisdiction. This Ordinance shall be null and void and of no further
force and effect in the event that AB X1 26 or AB X1 27 is repealed, or held
unconstitutional or unenforceable by any court of competent jurisdiction.
Section 5. The City Manager, or the City Manager's designee, is hereby
authorized and directed to notify the Auditor-Controller, the State Controller, and the
Department of Finance that the City agrees to comply with the provisions of Part 1.9, as
Part 1 .9 exists on the date of adoption of this Ordinance, with such notification to be
accompanied by a certified copy of this Ordinance.
Section 6. This Ordinance has been reviewed with respect to applicability of the
California Environmental Quality Act ("CEQA"), the State CEQA Guidelines (California
Code of Regulations, Title 14, Sections 15000 et seq., hereafter the "Guidelines"), and the
City's environmental guidelines. The City has determined that this Ordinance is not a
"project" for purposes of CEQA, as that term is defined by Guidelines Section 15378.
Specifically, this Ordinance constitutes the creation of government funding mechanisms or
other government fiscal activities which do not involve any commitment to any specific
project which may result in a potentially significant physical impact on the environment.
(Guidelines Section 15378(b)(4)). In addition, this Ordinance is an organizational or
administrative activity that will not result in a direct or indirect physical change in the
environment. (Guidelines Section 15378(b)(5)). Therefore, because it is not a "project,"
this Ordinance is not subject to CEQA's requirements. Further, even if this Ordinance
were deemed a "project" and therefore subject to CEQA, the Ordinance would be covered
by the general rule that CEQA applies only to projects that have the potential to cause a
significant effect on the environment. (Guidelines Section 15061 (b)(3)). As an
organizational or administrative activity or the creation of government funding mechanisms
or other government fiscal activities which do not involve any commitment to any specific
project which may result in a potentially significant physical impact on the environment,
this Ordinance does not have the potential to cause a significant effect on the environment
and is therefore exempt under this general rule. Further, it can be seen with certainty that
there is no possibility that the activity in question may have a significant effect on the
environment, and thus this Ordinance is not subject to CEQA. (Guidelines Section
15061(b)(3)).
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,
ORDINANCE NO. 1227
Section 7. The City Clerk shall certify to the passage of this Ordinance and is
hereby directed to publish or post this Ordinance, or a summary of this Ordinance, in
accordance with law.
Section 8. The City Clerk is hereby directed to send a certified copy of this
Ordinance to the Agency.
Section 9. The City Clerk is hereby directed to file a Notice of Exemption with
the County Clerk pursuant to Section 15062 of the Guidelines within five days of the
adoption of this Ordinance.
Section 10. The officers and staff of the City are herby authorized and directed,
jointly and severally, to do any and all things which they may deem necessary or
advisable to effectuate this Ordinance and any such actions previously taken by such
officers are hereby ratified and confirmed.
Section 11. If any part of this Ordinance is held to be invalid or unconstitutional
by the decision of any court of competent jurisdiction, for any reason, such decision
shall not affect the validity of the remaining portions of this Ordinance and this City
Council hereby declares that it would have passed the remainder of this Ordinance if
such invalid or unconstitutional portion thereof had been deleted.
Section 12. This Ordinance shall take effect on the last to occur of (a) 30 days
from adoption, and (b) the stay of AB X1 27 granted by the Supreme Court of California
is lifted.
PASSED, APPROVED, and ADOPTED this 25th day of August 2011 by the
following vote, to wit:
AYES:
NOES:
ABSENT:
ABSTAIN:
Jean M. Benson, Mayor
ATTEST:
Rachelle D. Klassen, City Clerk
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S.,
Name of Redevelopment Agency: PALM DESERT Page 1 of 3 Pages
Project Area(s) 1
ENFORCEABLE OBLIGATION PAYMENT SCHEDULE
Per AB 26-Section 34167 and 34169(*) .
Total Outstanding Total Due During Payments by month
Project Name/Debt Obligation _ Payee Description Debt or Obligation Fiscal Year Aug** Sept Oct Nov Dec Total
1) 2002 Tax Allocation Refunding Bond Issue-$22,070,000 Wells Fargo Bank Semi-Annual Debt Service Payment 39,201,165.00 1 1,114,665.00 557,333.00 $ 557,333.00
2) 2003 Tax Allocation Bond Issue-$19,000,000 Wells Fargo Bank Semi-Annual Debt Service Payment 35,242,500.00 1 950,000.00 475,000.00 $ 475,000.00
3) 2004 Tax Allocation Bond Issue-$24,945,000 Wells Fargo Bank Semi-Annual Debt Service Payment 25,717,775.00 1 1,926,212.50 438,106.00 $ 438,106.00
4) 2006 Tax Allocation Bond Issue-$62,320,000 Wells Fargo Bank Semi-Annual Debt Service Payment 74,643,199.00 1 5,164,634.00 1,357,317.00 $ 1,357,317.00
5) 2007 Tax Allocation Bond Issue-$32,600,000 Wells Fargo Bank Semi-Annual Debt Service Payment 27,377,500.00 1 3,953,500.00 541,750.00 $ 541,750.00
RI 1998 Housing Tax Allocation Bond Issue-$48,760,000 Wells Fargo Bank Semi-Annual Debt Service Payment 1,573,375.00 1 1,573,375.00 1,573,375.00 $ 1,573,375.00
'002 Housing Tax Allocation Bond Issue-$12,000,000 Wells Fargo Bank Semi-Annual Debt Service Payment 16,064,142.00 ' 765,201.25 532,977.00 $ 532,977.00
,, ._007 Housing Tax Allocation Bond Issue-$87,056,348 Wells Fargo Bank Semi-Annual Debt Service Payment 101,608,256.00 1 6,743,437.50 5,036,869.00 $ 5,036,869.00
9) Indian Springs Stipulated Agreement Indian Springs Mobilehome Par Judgement related to ISMHP 6,000,000.00 2 139,668.00 11,639.00 11,639.00 11,639.00 11,639.00 11,639.00 $ 58,195.00
10) L/M Housing Fund Loan 2009/10 SERAF Loan Repayment 10,438,131.18 3 1,043,813.00 $ 1,043,813.00
Fire Station Renovation Penta Building Group Payments per existing contract for 414,304.00 414,304.00 414,304.00
11) renovations at Fire Station#33.
12) Alessandro Alleyway Wood Rodgers Inc. Payments per existing contract for public 5,550.00 5,550.00 $ 5,550.00
13) Alessandro Alleyway The Altum Group parking improvements along commerical 13,000.00 13,000.00 $ 13,000.00
corridor.
14) Alessandro Alleyway Prest Vuksic Architects 23,000.00 23,000.00 $ 23,000.00
Trustee Services Wells Fargo Bank Payments per exisitng contract for 14,480.00 2,783.00
15) professional services. $ 1,391.50
Payments per exisitng contract for 11,989.00 2,304.00
16 Disclosure Services Willdan $ 1,152.00
professional services.
-
Legal Services Richards,Watson&Gershon Payments per exisitng contract for 80,390.00 15,448.00 7,724.00
17) professional services.
Legal Services Best-Best&Krieger Payments per exisitng contract for 6,747.00 1,296.00 648.00
18) professional services.
Professional Association California Redevelopment Assc Payments per exisitng contract for 13,164.00 2,530.00
1,265.00
19) professional services.
auditing Services Diehl,Evans&Co. Payments per exisitng contract for 11,058.00 2,125.00
professional services. $ 1,062.50
Reporting Services Redevelopment Reporting Solu Payments per exisitng contract for 4,388.00 843.00 421.50
21) professional services.
Liability Insurance California JPIA Payments per exisitng contract for 12,067.00 2,319.00 1,159.50
22) .professional services.
23) Banking Services Union Bank of California Payments per exisitng contract for 1,031.00 198.00 $ 99.00
professional services.
Totals-This Page $338,477,211.18_ $23,860,206.25 $ 11,639.00 $ 11,639.00 $ 10,524,366.00 $ 11,639.00 $ 11,639.00 $ 12,085,512.00_
Totals-Page 2 $ 46,718,362.34 $ 5,797,929.70 $ 324,282.00 $ 324,282.00 $ 324,282.00 $324,282.00 $324,282.00 $ 2,457,576.00
Totals-Page 3 $ 317,556.00 $ 117,556.00 $ - $ - $ - $ - $ - $ 60,713.00
Totals-Other Obligations $234,340,936.00 $23,421,385.20 $ - _$ 23,421,385.20 $ - $ - $ - $ 23,421,385.20
Grand total-All Pages I$619,854,065.52 $53,197,077.15 $ 335,921.00 $ 23,757,306.20 $ 10,848,648.00 I$335,921.001 $ 335,921.00 I$ 38,025,186.20
1 Obligation includes Principal and Interest Outstanding to date. 2 Amount reflected includes total estimated at this time,actual total dependent on timing based on stipulated agreement. 3 Project is paid from multiple project areas.
* This Enforceable Obligation Payment Schedule(EOPS)is to be adopted by the redevelopment agency no later than late August.It is valid through 12/31/11.It is the basis for the Preliminary Draft
Recognized Obligation Payment Schedule(ROPS),which must be prepared by the dissolving Agency by 9/30/11.(The draft ROPS must be prepared by the Successor Agency by 11/30/11.)
If an agency adopts a continuation ordinance per ABX1 27,this EOPS will not be valid and there is no need to prepare a ROPS.
**Include only payments to be made after the adoption of the EOPS.
Name of Redevelopment Agency: PALM DESERT. Page 2 of 3 Pages
Project Area(s) 1
ENFORCEABLE OBLIGATION PAYMENT SCHEDULE
Per AB 26-Section 34167 and 34169(*)
Total Outstanding Total Due During Payments by month
Project Name/Debt Obligation Payee Description Debt or Obligation Fiscal Year Aug" Sept Oct Nov Dec Total
Payments on existing contract providing easing
El Paseo Courtesy Cart Rite Rate Business Solutions of transit and traffic along the commercial
1) corridor. 3,600,000.00 240,000.00 24,000.00 24,000.00 24,000.00 24,000.00 24,000.00 $ 120,000.00
Payments on existing contract providing a
Facilities Lease El Paseo LLC central location for information distribution and
2) marketing. 296,470.00 67,992.00 6,799.20 6,799.20 6,799.20 6,799.20 6,799.20 $ 33,996.00
. Paymenfon existing contract providing funding
CVEP Coachella Valley Economic Partnership to local entity to encourage economic
development opportunities in the CV. 50,000.00 50,000.00 $ 50,000.00
Energy Independence Program EcoMotion Inc Payments for existing contract services for EIP
4) loan program. 4,489.00 4,489.00 $ 4,489.00
Energy Independence Program Lawyer's Title Ins Corp Payments for existing contract related to title
5) insurance services for EIP loan program. 7,200.00 7,200.00 $ 7,200.00
6) Carrying Costs-Agency Property Guzman Gardening Payments for existing contract services related 3,240.00 3,240.00 324.00 324.00 324.00 324.00 324.00 $ 1,620.00
7) Carrying Costs-Agency Property Overland Pacific&Cutler to Agency owned property. 30,000.00 $ 30,000.00
Payments for existing contract for public
El Paseo Revitlization Forma Design, Inc improvements in the central business district
8) and commercial corridor. 216,497.00
$ 216,497.00
Project Area Administration Allowable Costs per Admin Plan-staff,utililities,
9) Various professional services,etc. 8,667,508.81 J 2,495,709.00 249,570.90 249,570.90 249,570.90 249,570.90 249,570.90 $ 1,247,854.50
Vested Employee Benefit Obligation RDA Assigned Employees Obligation based on accrued leaves and current 3
10) MOU. 573,921.65 105,988.00 10,598.80 10,598.80 10,598.80 10,598.80 10,598.80 $ 52,994.00
Desert Rose Affordable Housing
Development-Homeowners at lots 1
Western Center for Poverty and Law through 161,et al. Stipulated Judgement Case No.51124 21,086,993.74 745,472.45 $ 372,736.00
PDHA subsidy for 1,100 Affordable
11) Units 3
12) Replacement Reserve Fund Palm Desert Housing Authority 1,100 Affordable Housing Apt Comp's 10,707,233.14 s 1,618,199.25 $ -
FW Drive Widening Improvements Kimley Home&Associates 83,574.00 83,574.00 $ 83,574.00
FW Drive Widening Improvements VA Consulting Payments on existing contracts for street 6,895.00 6,895.00 $ 6,895.00
15) FW Drive Widening Improvements Ecorp Consulting improvements along Fred Waring Drive. 4,568.00 4,568.00 $ 4,568.00
16) FW Drive Widening Improvements NAI Consulting 17,048.00 17,048.00 $ 17,048.00
Payments on existing contract-Tor public
Portola Wall&Sidewalk Imps David Evans&Associates improvements relative to the Portola Avenue 25,495.00 $ 25,495.00
17) Wall and Sidewalk Relocation project.
PDHA Property Management Payment on existing contract for Housing
18) RPM Company Authority property management. 1,319,565.00 3 329,891.00 32,989.10 32,989.10_ 32,989.10 32,989.10 32,989.10 $ 164,945.50
PDHA Properties Payment on existing contract for Housing
19) Andy's Landscape and Tree Authority property maintenance. 6,457.00 ' 6,457.00 $ 6,457.00
Payment on existing contract for Housing
20 PDHA Properties West Coast Arborist Authority $ 11,207.00
property maintenance. 11,207.00 ' 11,207.00
Totals-This Page $ 46,718,362.34 $ 5,797,929.70 $ 324,282.00 $ 324,282.00 $ 324,282.00 $ 324,282.00 $ 324,282.00 $ 2,457,576.00
1 Obligation includes Principal and Interest Outstanding to date. 2 Amount reflected includes total estimated at this time,actual total dependent on timing based on stipulated agreement. 3 Project is paid from multiple project areas.
* This Enforceable Obligation Payment Schedule(EOPS)is to be adopted by the redevelopment agency no later than late August.It is valid through 12/31/11.It is the basis for the Preliminary Draft
Recognized Obligation Payment Schedule(ROPS),which must be prepared by the dissolving Agency by 9/30/11.(The draft ROPS must be prepared by the Successor Agency by 11/30/11.)
- If an agency adopts a continuation ordinance per ABX1 27,this EOPS will not be valid and there is no need to prepare a ROPS.
•
**Include only payments to be made after the adoption of the EOPS.
Name of Redevelopment Agency: PALM DESERT Page 3 of 3 Pages
• Project Area(s) 1
ENFORCEABLE OBLIGATION PAYMENT SCHEDULE
Per AB 26-Section 34167 and 34169(*)
Total Outstanding Total Due During Payments by month
Project Name/Debt Obligation Payee Description Debt or Obligation Fiscal Year Aug** Sept Oct Nov Dec Total
PDHA Property Maintenance Payment on existing contract for Housing
1) Santa Rosa Apartments Authority property maintenance. 25,656.00 25,656.00 $ 12,828.00
Utilities,Maint Services,HOA Agency owned properties monthly carrying costs
Agency Owned Properties 250,000.00 50,000.00
2) Dues,Etc. prior to disposition. $ 5,985.00
NSP Rehabilitation Payments on existing contract for Rehab/Resale
3) El Cortez Way of Single Family Dwelling 41,900.00 41,900.00
$ 41,900.00
otals-This Page $ 317,556.00 $ 117,556.00 $ - $ - $ - $ - $ - $ 60,713.00
Obligation includes Principal and Interest Outstanding to date. 2 Amount reflected includes total estimated at this time,actual total dependent on timing based on stipulated agreement. 3 Project is paid from multiple project areas.
* This Enforceable Obligation Payment Schedule(EOPS)is to be adopted by the redevelopment agency no later than late August.It is valid through 12/31/11.It is the basis for the Preliminary Draft
Recognized Obligation Payment Schedule(ROPS),which must be prepared by the dissolving Agency by 9/30/11.(The draft ROPS must be prepared by the Successor Agency by 11/30/11.)
If an agency adopts a continuation ordinance per ABX1 27,this EOPS will not be valid and there is no need to prepare a ROPS.
**Include only payments to be made after the adoption of the EOPS.
Name of Redevelopment Agency: PALM DESERT Page 1 of 1 Pages
Project Area(s) 1
OTHER OBLIGATION PAYMENT SCHEDULE
Per AB 26-Section 34167 and 34169 (*)
Total Outstanding Total Due During Payments by month
Project Name/Debt Obligation Payee Description Debt or Obligation Fiscal Year Aug" Sept Oct Nov Dec Total
1) Pass-through Payment County Fire Payments per former CRL 33401 21,643,007.00 1,947,133.00 1,947,133.00 $ 1,947,133.00
2) Pass-through Payment County Library Payments per former CRL 33401 12,616,262.00 1,133,645.00 1,133,645.00 $ 1,133,645.00
3) Pass-through Payment County of Riverside Payments per former CRL 33401 123,582,598.00 11,069,074.00 _ 11,069,074.00 $ 11,069,074.00
4) Pass-through Payment CVMAD Payments per former CRL 33401 2,029,268.00 176,938.00 176,938.00 $ 176,938.00
) Pass-through Payment CVRPD Payments per former CRL 33401 2,555,487.00 222,831.00 222,831.00 $ 222,831.00
i) Pass-through Payment CVWD Payments per former CRL 33401 4,549,187.00 4,004,249.00 4,004,249.00 $ 4,004,249.00
7) Pass-through Payment DCCD Payments per former CRL 33401 6,513,166.00 573,083.00 573,083.00 $ 573,083.00
8) Pass-through Payment DSUSD Payments per former CRL 33401 29,918,292.00 2,632,500.00 _ 2,632,500.00 $ 2,632,500.00
9) Pass-through Payment Regional Access Project Payments per former CRL 33401 8,504,079.00 332,520.00 332,520.00 $ 332,520.00
10) Pass-through Payment Riverside County Schools Payments per former CRL 33401 3,543,507.00 311,788.00 311,788.00 $ 311,788.00
11) Statutory Pass-through Payment County of Riverside Payments per CRL 33607.7 3,406,025 138,840.00 138,840.00 $ 138,840.00
12) Statutory Pass-through Payment County Library Payments per CRL 33607.7 329,784 13,443.00 13,443.00 $ 13,443.00
13) Statutory Pass-through Payment County Fire Payments per CRL 33607.7 709,932 28,939.00 28,939.00 $ 28,939.00
14) Statutory Pass-through Payment DSUSD Payments per CRL 33607.7 4,378,352 178,475.00 178,475.00 $ 178,475.00
15) Statutory Pass-through Payment DCCD Payments per CRL 33607.7 909,819 37,087.00 37,087.00 $ 37,087.00
16) Statutory Pass-through Payment Riverside County Schools Payments per CRL 33607.7 494,982 20,177.00 20,177.00 $ 20,177.00
17) Statutory Pass-through Payment Riv Co Reg Park&Open Sp Payments per CRL 33607.7 235,049 14,154.00 14,154.00 $ 14,154.00
18) Statutory Pass-through Payment _CV Public Cemetery Payments per CRL 33607.7 170,175 10,153.00 10,153.00 $ 10,153.00
19) Statutory Pass-through Payment Desert Hospital Payments per CRL 33607.7 781,171 45,292.00 45,292.00 $ 45,292.00
20) Statutory Pass-through Payment CVMAD Payments per CRL 33607.7 165,567_ 6,749.00 6,749.00 $ 6,749.00
21) Statutory Pass-through Payment CVRPD Payments per CRL 33607.7 250,398 _ 10,207.00 10,207.00 $ 10,207.00
22) Statutory Pass-through Payment CVWD Payments per CRL 33607.7 1,010,523 41,192.00 41,192.00 $ 41,192.00
I Statutory Pass-through Payment City of Indian Wells Payments per CRL 33607.7 31 2.00 2.00 $ 2.00
_.) Statutory Pass-through Payment Supervisor Road Dist#4 Payments per CRL 33607.7 3 0.20 0.20 $ 0.20
25) Statutory Pass-through Payment City of Palm Desert Payments per CRL 33607.7 999,558 65,649.00 65,649.00 $ 65,649.00
26) Statutory Pass-through Payment Rancho Mirage Library Payments per CRL 33607.7 5,908 388.00 388.00 $ 388.00
27) Statutory Pass-through Payment Rancho Mirage Fire Payments per CRL 33607.7 12,714 835.00 835.00 $ 835.00
28) Statutory Pass-through Payment PS Public Cemetery Payments per CRL 33607.7 12,500 821.00 821.00 $ 821.00
29) Statutory Pass-through Payment CV Resource Center Payments per CRL 33607.7 9,440 620.00 620.00 $ 620.00
30) County Administrative Charges County of Riverside SB 2557 Fees 5,004,152.00 404,601.00 404,601.00 $ 404,601.00
'Totals-Other Obligations I I 1 $ 234,340,936.00 I $ 23,421,385.20 I $ - I $ 23,421,385.20
I$ -
I $ I $ I $ 23,421,385.20
* This Enforceable Obligation Payment Schedule(EOPS)is to be adopted by the redevelopment agency no later than late August.It is valid through 12/31/11.It is the basis for the Preliminary Draft
Recognized Obligation Payment Schedule(ROPS),which must be prepared by the dissolving Agency by 9/30/11.(The draft ROPS must be prepared by the Successor Agency by 11/30/11.)
If an agency adopts a continuation ordinance per ABX1 27,this EOPS will not be valid and there is no need to prepare a ROPS.
**Include only payments to be made after the adoption of the EOPS.
***All payment amounts are estimates
•
Name of Redevelopment Agency: PALM DESERT Page 1 of 2 Pages
• Project Area(s) 2
ENFORCEABLE OBLIGATION PAYMENT SCHEDULE
Per AB 26-Section 34167 and 34169(*)
Total Outstanding Total Due During Payments by month
Project Name/Debt Obligation Payee Description Debt or Obligation Fiscal Year Aug** Sept Oct Nov Dec Total
1) 2002 Tax Allocation Refunding Bond Issue-$17,310,000 Wells Fargo Bank Semi-Annual Debt Service Payment 15,721,849.00 1 1,308,637.50 1,043,819.00 $ 1,043,819.00
2) 2003 Tax Allocation Bond Issue-$15,745,000 Wells Fargo Bank Semi-Annual Debt Service Payment 29,821,366.00 1 769,006.25, 384,503.00 $ 384,503.00
3) 2006 Tax Allocation Bond Issue-$67,618,273 Wells Fargo Bank Semi-Annual Debt Service Payment 111,872,984.00 1 3,683,387.50 2,707,894.00 $ 2,707,894.00
4) County CIP Reimbursement for 88/89 and 90/91 _County of Riverside Reimbursement of Original Pass-Thru's 122,707.00 122,707.00 122,707.00 $ 122,707.00
5) City Advance City of Palm Desert Loan for Property Acquisition 5,500,000.00 150,000.00 15,000.00 15,000.00 15,000.00 15,000.00 15,000.00 $ 75,000.00
c' city Advance City of Palm Desert Loan for Property Acquisition 2,636,000.00 137,500.00 13,750.00 13,750.00 13,750.00 13,750.00 13,750.00 $ 68,750.00
;ityAdvance City of Palm Desert Loan for Property Acquisition 5,419,000.00 51,376.00 5,137.60 5,137.60 5,137.60 5,137.60 5,137.60 $ 25,688.00
tt) L/M Housing Loan 2009/10 SERAF Loan Repayment 3,755,605.33 3 751,122.00 75,112.20 75,112.20 75,112.20 75,112.20 75,112.20 $ 375,561.00
Payment on existing contract related to
9) Fire Station Renovation Penta Building Group renovation at Fire Station#71. 518,660.00 518,660.00 $ 518,660.00
10) North Sphere Fire Station Rudy Acosta Payments on existing contracts related to 8,750.00 $ 8,750.00
a newly constructed fire station to serve
11) North Sphere Fire Station MSA Consulting the North area. 6,861.00 $ 6,861.00
12) Cal State University Infrastructure Cooley Construction Payments on existing contracts related to 1,164,285.00 1,164,285.00 $ 1,164,285.00
the street improvements at the Palm
13) Cal State University Infrastructure Leighton Consulting Desert Cal State Campus. 9,750.00 9,750.00 $ 9,750.00
14) Aquatic Facility Gould Evans Associates,LLC 644,159.00 644,159.00 $ 644,159.00
15) Aquatic Facility Plaint Reprographics 13,000.00 13,000.00 13,000.00
16) Aquatic Facility ASR Contructors 2,178,316.00 2,178,316.00 $ 2,178,316.00
Payments on existing contracts related to
17) Aquatic Facility Converese Consultants the Aquatic/Community Facility. 68,680.00 68,680.00 $ 68,680.00
18) Aquatic Facility ASR Contructors 65,400.00 65,400.00 $ 65,400.00
19) Aquatic Facility David Moore&Co. 11,963.00 11,963.00 11,963.00
20) Aquatic Facility Desert Alarm,Inc. _ 11,500.00 11,500.00 $ 11,500.00
Trustee Services Wells Fargo Bank Payments per exisitng contract for
21) professional services. 79,739.00 15,323.00 $ 7,661.50
)isclosure Services Wilidan Payments per exisitng contract for
professional services. 66,020.00 12,686.00 $ 6,343.00
Legal Services Richards,Watson&Gershon Payments per exisitng contract for
23) professional services. 442,680.00 85,065.00 . $ 42,532.50
Legal Services Best-Best&Krieger Payments per exisitng contract for
24) professional services. 37,151.00 7,139.00 $ 3,569.50
Professional Association California Redevelopment Associa Payments per exisitng contract for
25) professional services. 72,490.00 13,930.00 $ 6,965.00
Auditing Services Diehl,Evans&Co. Payments per exisitng contract for
26) professional services. 60,892.00 11,701.00 $ 5,850.50
Totals-This Page $ 180,309,807.33 $11,805,293.25 $4,245,215.80 $ 231,706.80 $ 108,999.80 $ 108,999.80 $ 108,999.80 $ 9,578,168.00
Totals-Page 2 $ 13,690,675.93 $ 1,647,273.52 $ 139,398.31 $ 139,398.31 $ 139,398.31 $ 139,398.31 $ 139,398.31 $ 1,887,523.30
Totals-Other Obligations $385,800,737.93 $ 5,922,137.00 $ - $5,922,137.00 $ - $ - $ - $ 5,922,137.00
Grand total-All Pages 1 $579,801,221.19 Q $19,374,703.77 $4,384,614.11 $6,293,242.11 $ 248,398.11 $248,398.11 $ 248,398.11 I$17,387,828.30
1 Obligation includes Principal and Interest Outstanding to date. 2 Amount reflected includes total estimated at this time,actual total dependent on timing based on stipulated agreement. 3 Project is paid from multiple project areas.
* This Enforceable Obligation Payment Schedule(EOPS)is to be adopted by the redevelopment agency no later than late August.It is valid through 12/31/11.It is the basis for the Preliminary Draft
Recognized Obligation Payment Schedule(ROPS),which must be prepared by the dissolving Agency by 9/30/11.(The draft ROPS must be prepared by the Successor Agency by 11/30/11.)
If an agency adopts a continuation ordinance per ABX1 27,this EOPS will not be valid and there is no need to prepare a ROPS.
**Include only payments to be made after the adoption of the EOPS.
Name of Redevelopment Agency: PALM DESERT Page 2 of 2 Pages
Project Area(s) 2
ENFORCEABLE OBLIGATION PAYMENT SCHEDULE
Per AB 26-Section 34167 and 34169(*)
Total Outstanding Total Due During Payments by month
Project Name/Debt Obligation Payee Description Debt or Obligation Fiscal Year Aug** Sept Oct Nov Dec Total
1) I MG Lighting&Electric Payments on existing contracts related to the 6,000.00 $ 6,000.00
Aquatic Facility
Aquatic/Community Facility.
2 Well Sites Payments on existing contracts related to the
CVWD North area required future well sites. 667,246.00 $ 667,246.00
Payments on existing contract related to the
Public Safety Academy Reimb College of the Desert reimbursement of College of the Desert for the 200,000.00 3 $ 200,000.00
�� construction of the Public Safety Academy.
Project Area Administration Allowable Costs per Admin Plan-staff,utililities, 3
professional services,etc. 2,699,715.86 777,352.00 77,735.20 77,735.20 77,735.20 77,735.20 77,735.20 $ 388,676.00
5) Vested Employee Benefit Obligation RDA Assigned Employees MOUation based on accrued leaves and current 3,160,729.63 583,655.10 58,365.51 58,365.51 58,365.51 58,365.51 58,365.51 $ 291,827.55
Vineyards,Emerald Book
Western Center for Poverty and Law (AKA Palm Desert 103) Stipulated Judgement Case No.51124 5,257,672.87 3 53,222.50 $ 26,611.25
PDHA subside for 1,100
6) _Affordable Units
PDHA Property Management Payments on existing contract for the Housing 3
7) RPM Company Authority property management. 131,905.00 32,976.00 3,297.60 3,297.60 3,297.60 3,297.60 3,297.60 $ 16,488.00
PDHA Properties Payments on existing contract for Housing 3 645.00
8) Andy's Landscape and Tree Authority property maintenance. 645.00 $ 645.00
PDHA Properties Payments on existing contract for Housing 3 1,120.00
9) West Coast Arborist Authority property maintenance. 1,120.00 $ 1,120.00
10) Replacement Reserve Fund Palm Desert Housing Authority 1,100 Affordable Housing Apt Comp's 1,189,692.57 3 179,799.92 $ -
11) Monterey @ 1-10 Imps NAI Consulting 500.00
$ 500.00
12) Monterey @ 1-10 Imps Robert Bein Frost&Assoc y 61,386.00
Payments on existingcontracts for the street $ 61,386.00
13) Monterey @ 1-10 Imps Overland Pacific&Cutler improvements related to arterial access inbound 2,484.00 $ 2,484.00
and outbound from Interstate 10 on Monterey.
•-• Monterey @ 1-10 Imps LSA Associates 8,930.00 $ 8,930.00
Monterey @ 1-10 Imps Robert Bein Frost&Assoc 137,123.00 _ $ 137,123.00
Payments on existing contract related to the
Portola @ I-10 Imps Dokken Engineering alignment of Portola Avenue to connect with the 69,235.00 $ 69,235.00
16) proposed new interchange on 1-10.
Reporting Services Redevelopment Reporting Soli Payments per exisitng contract for professional
17) services. 24,163.00 4,643.00
_ $ 2,321.50
Liability Insurance California JPIA Payments per exisitng contract for professional
18) services. 66,450.00 12,769.00
_ $ 6,384.50
Banking Services Union Bank of California Payments per exisitng contract for professional
19) services. 5,678.00 1,091.00
$ 545.50
Totals-This Page $ 13,690,675.93 $ 1,647,273.52 $ 139,398.31 $ 139,398.31 $ 139,398.31 $ 139,398.31 $ 139,398.31 $ 1,887,523.30
1 Obligation includes Principal and Interest Outstanding to date. 2 Amount reflected includes total estimated at this time,actual total dependent on timing based on stipulated agreement. 3 Project is paid from multiple project areas.
* This Enforceable Obligation Payment Schedule(EOPS)is to be adopted by the redevelopment agency no later than late August.It is valid through 12/31/11.It is the basis for the Preliminary Draft
Recognized Obligation Payment Schedule(ROPS),which must be prepared by the dissolving Agency by 9/30/11.(The draft ROPS must be prepared by the Successor Agency by 11/30/11.)
If an agency adopts a continuation ordinance per ABX1 27,this EOPS will not be valid and there is no need to prepare a ROPS.
**Include only payments to be made after the adoption of the EOPS.
Name of Redevelopment Agency: PALM DESERT Page 1 of 1 Pages
Project Area(s) 2
OTHER OBLIGATION PAYMENT SCHEDULE
Per AB 26 -Section 34167 and 34169 (*)
Total Outstanding Total Due During Payments by month
Project Name/Debt Obligation Payee Description Debt or Obligation Fiscal Year Aug** Sept Oct Nov Dec Total
1) Pass-through Payment County of Riverside Payments per former CRL 33401 145,786,016.00 4,067,231.00 4,067,231.00 $ 4,067,231.00
Pass-through Payment County Library Payments per former CRL 33401 169,877,506.00 447,470.00 447,470.00 $ 447,470.00
Pass-through Payment CVMAD Payments per former CRL 33401 8,052,351.00- 224,650.00 224,650.00 $ 224,650.00
4) Pass-through Payment DCCD Payments per former CRL 33401 7,382,107.00 176,443.00 176,443.00 $ 176,443.00
5) Pass-through Payment DSUSD Payments per former CRL 33401 24,836,351.00 593,625.00 593,625.00 $ 593,625.00
6) Pass-through Payment PSUSD Payments per former CRL 33401 7,781,891.00 185,999.00 185,999.00 $ 185,999.00
7) Pass-through Payment Regional Access Project Payments per former CRL 33401 8,007,574.93 0.00 0.00 $ -
8) Pass-through Payment Riverside County Schools Payments per former CRL 33401 4,016,245.00 95,994.00 95,994.00 $ 95,994.00
9) Statutory Pass-through Payment County Fire Payments per CRL 33607.7 1,549,421.20 0.00 0.00 $ -
10) Statutory Pass-through Payment City of Palm Desert Payments per CRL 33607.7 1,269,710.41 0.00 0.00 $ -
11) Statutory Pass-through Payment Riv Co Reg Park&Open S Payments per CRL 33607.7 96,915.73 0.00 0.00 $ -
12) Statutory Pass-through Payment CV Public Cemetery Payments per CRL 33607.7 50,391.04 0.00 0.00 $ -
13) Statutory Pass-through Payment PS Public Cemetery Payments per CRL 33607.7 18,072.54- 0.00 0.00 $ -
14) Statutory Pass-through Payment Desert Hospital Payments per CRL 33607.7 430,125.86 0.00 0.00 $ -
15) Statutory Pass-through Payment CVRPD Payments per CRL 33607.7 307,100.46 0.00 0.00 $ -
16) Statutory Pass-through Payment CVWD Payments per CRL 33607.7 1,635,912.03 0.00 _ 0.00 $ -
17) Statutory Pass-through Payment CV Resource Center Payments per CRL 33607.7 9,255.73 0.00 0.00 $ -
County Administrative Charges County of Riverside SB 2557 Fees 4,693,791.00 130,725.00 130,725.00 $ 130,725.00
, _ $
20) - $ -
21) - - - $ -
22) $ -
23) _ $ -
(Totals-Other Obligations I I I $ 385,800,737.93 I $ 5,922,137.00 I $ - I $ 5,922,137.00_I $ - 11$ - I $ - I $ 5,922,137.00
* This Enforceable Obligation Payment Schedule(EOPS)is to be adopted by the redevelopment agency no later than late August.It is valid through 12/31/11.It is the basis for the Preliminary Draft
Recognized Obligation Payment Schedule(ROPS),which must be prepared by the dissolving Agency by 9/30/11.(The draft ROPS must be prepared by the Successor Agency by 11/30/11.)
If an agency adopts a continuation ordinance per ABX1 27,this EOPS will not be valid and there is no need to prepare a ROPS.
**Include only payments to be made after the adoption of the EOPS.
***All payment amounts are estimates
Name of Redevelopment Agency: PALM DESERT Page 1 of 2 Pages
Project Area(s) 3
ENFORCEABLE OBLIGATION PAYMENT SCHEDULE
Per AB 26-Section 34167 and 34169(*)
Total Outstanding Total Due During Payments by month
Project Name/Debt Obligation Payee Description Debt or Obligation Fiscal Year Aug** Sept Oct Nov Dec Total
1) 2003 Tax Allocation Bond Issue-$4,745,000 Wells Fargo Bank Semi-Annual Debt Service Payment 6,502,791.00 ' 296,225.00 93,113.00 $ 93,113.00
2) 2006 Tax Allocation Bond Issue-$15,029,526 Wells Fargo Bank Semi-Annual Debt Service Payment 32,548,138.00 ' 761,075.00 278,038.00 $ 278,038.00
3) UM Housing Loan 2009/10 SERAF Loan Repayment 970,313.00 3 194,064.00 19,406.40 19,406.40 19,406.40 19,406.40 19,406.40 $ 97,032.00
4) Cook Street Widening Cooley Construction 2,639,182.00 2,639,182.00 $ 2,639,182.00
5) Cook Street Widening Harris&Associates
19,293.00 19,293.00 $ 19,293.00
6) Cook Street Widening Cooley Construction Payments on existing contracts related to
the infrastructure improvements on Cook 200,144.00 200,144.00 $ 200,144.00
Cook Street Widening Gaugush,Joseph Street. 12,173.00 12,173.00 $ 12,173.00
_, Cook Street Widening Robert Bein, Frost&Assoc 15,318.00 15,318.00 $ 15,318.00
9) Cook Street Widening Sladden Engineering 9,700.00 9,700.00
Payments on existing contract related to $ 9,700.00
Public Safety Academy Reimb College of the Desert the reimbursement of College of the 500,000.00 3 200,000.00 $ 200,000.00
Desert for the construction of the Public
10) Safety Academy.
Project Area Administration Allowable Costs per Admin Plan-staff,
11) utililities,professional services,etc. 710,451.54 3 204,566.00 20,456.60 20,456.60 20,456.60 20,456.60 20,456.60 $ 102,283.00
12) Vested Employee Benefit Obligation RDA Assigned Employees Obligation based on accrued leaves and current MOU. 1,671,398.37 3 308,625.60 30,862.56 30,862.56 30,862.56 30,862.56 30,862.56 $ 154,312.80
Falcon Crest Affordable Housing
Development-Homeowners at
Wester Center on Poverty and Law lots 1 through 93,et al. Stipulated Judgement Case No.51124 21,044,595.03 3 1,714,535.50 $ 857,268.25
PDHA Subsidy for 1,100
13) Affordable Units
14) Replacement Reserve Fund Palm Desert Housing Authority 1,100 Affordable Housing Apt Comp's 1,189,692.57 3 179,799.92 $ -
-
PDHA Property Management RPM Company Payments on existing contract for 131,905.00 32,976.00 3,297.60 3,297.60 3,297.60 3,297.60 3,297.60 $ 16,488.00
15) Housing Authority Property Management. 3
'DHA Properties And 's Landsca a and Tree Payments on existing contract for
Y P 645.00 645.00
Housing Authority Property Maintenance. 3 $ 645.00
PDHA Properties West Coast Arborist Payments on existing contract for 1,120.00 1,120.00 I $ 1,120.00
17) Housing Authority Property Maintenance. 3
Trustee Services Wells Fargo Bank Payments per exisitng contract for
18) g professional services. 42,164.00 8,102.00 $ 4,051.00
Totals-This Page $ 68,209,023.51 $ 6,797,544.02 $ 74,023.16 $ 74,023.16 $ 445,174.16 $ 74,023.16 $ 74,023.16 $ 4,700,161.05
Totals-Page 2 $ 410,078.00 $ 78,800.00 $ - $ - $ - $ - $ $ 39,400.00
Totals-Other Obligations $104,346,365.99 $ 1,918,450.00 $ - $ 1,918,450.00 $ - $ - $ - $ 1,918,450.00
Grand total-All Pages $172,965,467.50 0 $ 8,794,794.02 $ 74,023.16 $ 1,992,473.16 $ 445,174.16 [$ 74,023.16 $ 74,023.16 $ 6,658,011.05
1 Obligation includes Principal and Interest Outstanding to date. 2 Amount reflected includes total estimated at this time,actual total dependent on timing based on stipulated agreement. 3 Project is paid from multiple project areas.
* This Enforceable Obligation Payment Schedule(EOPS)is to be adopted by the redevelopment agency no later than late August.It is valid through 12/31/11.It is the basis for the Preliminary Draft
Recognized Obligation Payment Schedule(ROPS),which must be prepared by the dissolving Agency by 9/30/11.(The draft ROPS must be prepared by the Successor Agency by 11/30/11.)
If an agency adopts a continuation ordinance per ABX1 27,this EOPS will not be valid and there is no need to prepare a ROPS.
**Include only payments to be made after the adoption of the EOPS.
I
Name of Redevelopment Agency: PALM DESERT Page 2 of 2 Pages
Project Area(s) 3
ENFORCEABLE OBLIGATION PAYMENT SCHEDULE
Per AB 26-Section 34167 and 34169 (.)
Total Outstanding Total Due During Payments by month
Project Name/Debt Obligation Payee Description Debt or Obligation Fiscal Year Aug** Sept Oct Nov Dec Total
Disclosure Services Willdan Payments per exisitng contract for 34,910.00 6,708.00 $ 3,354.00
1) professional services.
Legal Services Richards,Watson&Gershon Payments per exisitng contract for 234,077.00 44,980.00 $ 22,490.00
2) professional services.
Legal Services Best-Best&Krieger Payments per exisitng contract for 19,645.00 3,775.00
3) g g professional services.I $ 1,887.50
Professional Association California Redevelopment Associa Payments per exisitng contract for 38,331.00 7,366.00 $ 3,683.00
professional services.
uditing Services Diehl,Evans&Co. Payments per exisitng contract for 32,198.00 6,187.00 $ 3,093.50
5) professional services.
Reporting Services Redevelopment Reporting Solutior Payments per exisitng contract for 12,777.00 2,455.00 $ 1,227.50
6) professional services.
Liability Insurance California JPIA Payments per exisitng contract for 35,137.00 6,752.00 $ 3,376.00
7) professional services.
Banking Services Union Bank of California Payments per exisitng contract for 3,003.00 577.00 $ 288.50
8) professional services.
Total this Page $ 410,078.00 Q $ 78,800.00 $ - I $ - $ - $ - $ - $ 39,400.00
1 Obligation includes Principal and Interest Outstanding to date. 2 Amount reflected includes total estimated at this time,actual total dependent on timing based on stipulated agreement. 3 Project is paid from multiple project areas.
* This Enforceable Obligation Payment Schedule(EOPS)is to be adopted by the redevelopment agency no later than late August.It is valid through 12/31/11.It is the basis for the Preliminary Draft
Recognized Obligation Payment Schedule(ROPS),which must be prepared by the dissolving Agency by 9/30/11.(The draft ROPS must be prepared by the Successor Agency by 11/30/11.)
If an agency adopts a continuation ordinance per ABX1 27,this EOPS will not be valid and there is no need to prepare a ROPS.
**Include only payments to be made after the adoption of the EOPS.
Name of Redevelopment Agency: PALM DESERT Page 1 of 1 Pages
Project Area(s) 3
OTHER OBLIGATION PAYMENT SCHEDULE
Per AB 26 -Section 34167 and 34169 (*)
Total Outstanding Total Due During Payments by month
Project Name/Debt Obligation Payee Description Debt or Obligation Fiscal Year Aug** Sept Oct Nov Dec Total
1) Pass-through Payment County Fire Payments per former CRL 33401 9,159,771.00 198,695.00 198,695.00 $ 198,695.00
") Pass-through Payment County of Riverside Payments per former CRL 33401 48,083,956.00 1,042,629.00 1,042,629.00 $ 1,042,629.00
Pass-through Payment County Library Payments per former CRL 33401 5,329,293.00 115,558.00 115,558.00 $ 115,558.00
4) Pass-through Payment CVMAD Payments per former CRL 33401 703,410.00 9,475.00 9,475.00 $ 9,475.00
5) Pass-through Payment CVWD Payments per former CRL 33401 1,612,003.00 21,715.00 21,715.00 $ 21,715.00
6) Pass-through Payment DCCD Payments per former CRL 33401 1,932,682.00 26,034.00 26,034.00 $ 26,034.00
7) Pass-through Payment DSUSD Payments per former CRL 33401 9,300,851.00 125,288.00 125,288.00 $ 125,288.00
8) Pass-through Payment Regional Access Project Payments per former CRL 33401 19,404,908.00 332,520.00 _ 332,520.00 $ 332,520.00
9) Pass-through Payment Riverside County Schools Payments per former CRL 33402 1,051,478.00 14,164.00 14,164.00 $ 14,164.00
10) Statutory Pass-through Payment City of Palm Desert Payments per CRL 33607.7 3,251,117.76 0.00 0.00 $ -
11) Statutory Pass-through Payment Riv Co Reg Park&Open c Payments per CRL 33607.7 289,809.90 0.00 0.00 $ -
12) Statutory Pass-through Payment CV Public Cemetery Payments per CRL 33607.7 263,546.91 0.00 0.00 $ -
13) Statutory Pass-through Payment Desert Hospital Payments per CRL 33607.7 838,523.08 0.00 0.00 $ -
14) Statutory Pass-through Payment CVRPD Payments per CRL 33607.7 1,606,161.20 0.00 0.00 _ $ -
15) Statutory Pass-through Payment CV Resource Center Payments per CRL 33607.7 23,550.14 0.00 0.00 $ -
16) County Administrative Charges County of Riverside SB 2557 Fees 1,495,305.00 32,372.00 32,372.00 $ 32,372.00
17) $ -
9a) $
I $ -
20) $ -
21) $ -
22) $ -
23) $ -
(Totals-Other Obligations I I I $ 104,346,365.99 I $ 1,918,450.00 I $ - 1$ 1,918,450.00 I $ - I $ - I $ - I $ 1,918,450.00
* This Enforceable Obligation Payment Schedule(EOPS)is to be adopted by the redevelopment agency no later than late August.It is valid through 12/31/11. It is the basis for the Preliminary Draft
Recognized Obligation Payment Schedule(ROPS),which must be prepared by the dissolving Agency by 9/30/11.(The draft ROPS must be prepared by the Successor Agency by 11/30/11.)
If an agency adopts a continuation ordinance per ABX1 27,this EOPS will not be valid and there is no need to prepare a ROPS.
**Include only payments to be made after the adoption of the EOPS.
***All payment amounts are estimates
e
Name of Redevelopment Agency: PALM DESERT Page 1 of 2 Pages
• Project Area(s) 4
ENFORCEABLE OBLIGATION PAYMENT SCHEDULE
Per AB 26 -Section 34167 and 34169 (*)
Total Outstanding Total Due During Payments by month
Project Name/Debt Obligation Payee Description Debt or Obligation . Fiscal Year Aug** Sept Oct _ Nov Dec Total
1) 1998$11,020,000 Tax Allocation Bond Issue Wells Fargo Bank Semi-Annual Debt Service Payment 12,889,213.00 1 555,635.00 346,870.00 $ 346,870.00
2) 2001 $15,695,000 Tax Allocation Bond Issue Wells Fargo Bank Semi-Annual Debt Service Payment 22,255,943.00 1 953,011.25 642,028.00 _ $ 642,028.00
3) 2006$19,273,089 Tax Allocation Bond Issue Wells Fargo Bank Semi-Annual Debt Service Payment 38,775,125.00 ' 1,211,845.00 896,435.00 $ 896,435.00
4) UM Housing Fund Loan 2009/10 SERAF Loan Repayment 2,657,238.65 3 531,448.00 53,144.80 53,144.80 53,144.80 53,144.80 53,144.80 $ 265,724.00
PA 4 Public Improvements Interactive Design Corp Payments per existing contract related to 11,380.00 $ 11,380.00
F\ the public improvements to develop and
construct public facilities for emergency
services,affordable housing,facade
rA 4 Public Improvements Heitec improvements to existing structures,and 7,420.00 $ 7,420.00
6) infrastructure imps. _
Payments per existing contract related to
PD Country Club Undergrounding W illdan Financial Services undergrounding of utilities in Project 39,861.00 $ 39,861.00
7) Area No.4.
Trustee Services Wells Fargo Bank Payments per exisitng contract for 1,003.00 193.00
8) professional services. $ 96.50
Payments per exisitng contract for
Disclosure Services Willdan 830.00 160.00
9)_ professional services. $ 80.00
Legal Services Richards,Watson&Gershon Payments per exisitng contract for 5,568.00 1,070.00
10) professional services. $ 535.00
Legal Services Best-Best&Krieger Payments per exisitng contract for 467.00 90.00
11) professional services.
45.00
Professional Association California Redevelopment Associa Payments per exisitng contract for 912.00 175.00
12) professional services. $ 87.50
Auditing Services Diehl,Evans&Co. Payments per exisitng contract for 766.00 147.00
13) professional services. $ 73.50
Reporting Services Redevelopment Reporting Solution Payments per exisitng contract for 304.00 58.00 $ 29.00
14) professional services.
ability Insurance California JPIA Payments per exisitng contract for 836.00 161.00
professional services. $ 80.50
tanking Services Union Bank of California Payments per exisitng contract for 70.00 14.00 7.00
16) professional services.
Totals-This Page $ 76,646,936.65 $ 3,254,007.25 $ 53,144.80 $ 53,144.80 $ 1,938,477.80 $ 53,144.80 $ 53,144.80 $ 2,210,752.00
Totals-Page 2 $ 4,401,289.14 $ 945,530.82 $ 65,401.64 $ 65,401.64 $ 65,401.64 $ 65,401.64 $ 65,401.64 $ 985,218.45
Totals-Other Obligations $286,943,170.00 $ 6,818,491.00_$ - $ 6,818,491.00 $ - $ - $ - $ 6,818,491.00
Grand total-All Pages $367,991,395.79 1:1 $11,018,029.07 $ 118,546.44 $ 6,937,037.44 I$ 2,003,879.44 $ 118,546.44 $ 118,546.44 I$ 10,014,461.45
1 Obligation includes Principal and Interest Outstanding to date. 2 Amount reflected includes total estimated at this time,actual total dependent on timing based on stipulated agreement. 3 Project is paid from multiple project areas.
* This Enforceable Obligation Payment Schedule(EOPS)is to be adopted by the redevelopment agency no later than late August.It is valid through 12/31/11.It is the basis for the Preliminary Draft
Recognized Obligation Payment Schedule(ROPS),which must be prepared by the dissolving Agency by 9/30/11.(The draft ROPS must be prepared by the Successor Agency by 11/30/11.)
If an agency adopts a continuation ordinance per ABX1 27,this EOPS wilj not be valid and there is no need to prepare a ROPS.
**Include only payments to be made after the adoption of the EOPS.
Name of Redevelopment Agency: PALM DESERT Page 2 of 2 Pages
Project Area(s) 4
ENFORCEABLE OBLIGATION PAYMENT SCHEDULE
Per AB 26-Section 34167 and 34169 (*)
Total Outstanding Total Due During Payments by month
Project Name/Debt Obligation Payee Description Debt or Obligation Fiscal Year Aug** Sept Oct Nov Dec Total
Payments per existing contract for public
Hovley Retention Basin Leon's Landscaping improvements related to a xeriscaped open 15,003.00 15,003.00 $ 15,003.00
1) space and retention basin. _
Affordable Housing-Carlos Ortega Villas Interactive Design Corpayments per existing contract for a 72 unit 573,107.00
2) g p affordable senior complex. 573,107.00
'Project Area Administration Allowable Costs per Admin Plan-staff,
utililities,professional services,etc. 2,131,354.63 3 613,699.00 61,369.90 61,369.90 61,369.90 61,369.90 61,369.90 $ 306,849.50
Jested Employee Benefit Obligation RDA Assigned Employees Obligation based on accrued leaves and 39,765.06 3 7,341.40 734.14 734.14 734.14 734.14 734.14 $ 3,670.70
4) current MOU.
Wester Center on Povertyand Law PDHA subsidy for 1,100
3 Affordable Units Stipulated Judgement Case No.51124 276,972.88 53,222.50 26,611.25
5) Replacement Reserve Fund Palm Desert Housing Authority 1,100 Affordable Housing Apt Comp's 1,189,692.57 3 179,799.92� $ -
PDHA Property Management RPM Company Payments per existing contract for Housing 131,905.00 3 32,976.00 3,297.60 3,297.60 3,297.60 3,297.60 3,297.60 $ 16,488.00
6 Authority Property Management.
),
PDHAPayments per existing contract for Housing
Properties Andy's Landscape and Tree 645.00 3 645.00
7) Authority Property Maintenance. $ 645.00
PDHA Properties Payments per existing contract for Housing 3
8) West Coast Arborist Authority Property Maintenance. 1,120.00 1,120.00 $ 1,120.00
NSP Rehabilitation RHA @ Florida Avenue Payments per existing contract related to 41,724.00 41,724.00
9) Rehab/Resale of Single Family Dwelling $ 41,724.00
Totals-This Page $ 4,401,289.14 $ 945,530.82 $ 65,401.64 $ 65,401.64 $ 65,401.64 $ 65,401.64 $ 65,401.64 $ 985,218.45
I Obligation includes Principal and Interest Outstanding to date. 2 Amount reflected includes total estimated at this time,actual total dependent on timing based on stipulated agreement. 3 Project is paid from multiple project areas.
1 This Enforceable Obligation Payment Schedule(EOPS)is to be adopted by the redevelopment agency no later than late August.It is valid through 12/31/11.It is the basis for the Preliminary Draft
Recognized Obligation Payment Schedule(ROPS),which must be prepared by the dissolving Agency by 9/30/11.(The draft ROPS must be prepared by the Successor Agency by 11/30/11.)
If an agency adopts a continuation ordinance per ABX1 27,this EOPS will not be valid and there is no need to prepare a ROPS.
**Include only payments to be made after the adoption of the EOPS.
t
Name of Redevelopment Agency: PALM DESERT Page 1 of 1 Pages
Project Area(s) 4
OTHER OBLIGATION PAYMENT SCHEDULE
Per AB 26 -Section 34167 and 34169 (*)
Total Outstanding Total Due During Payments by month
Project Name/Debt Obligation Payee Description Debt or Obligation Fiscal Year Aug** Sept Oct Nov Dec Total
1) Pass-through Payment County Fire Payments per former CRL 33401 28,057,424.00 713,831.00 713,831.00 $ 713,831.00
2) Pass-through Payment County General Payments per former CRL 33401 100,699,465.00 1,993,967.00 1,993,967.00 $ 1,993,967.00
3) Pass-through Payment County Library Payments per former CRL 33401 13,093,464.00 333,121.00 333,121.00 $ 333,121.00
4) Pass-through Payment CV Resource Center Payments per former CRL 33401 135,911.00 3,458.00 3,458.00 $ 3,458.00
5) Pass-through Payment CVMAD Payments per former CRL 33401 5,306,326.00 135,005.00 135,005.00 $ 135,005.00
6) Pass-through Payment CVRPD Payments per former CRL 33401 8,025,654.00 204,191.00 204,191.00 $ 204,191.00
7) Pass-through Payment CVWD Payments per former CRL 33401 24,221,583.00 616,240.00 616,240.00 $ 616,240.00
8) Pass-through Payment DCCD Payments per former CRL 33401 14,579,588.00_ 370,938.00 370,938.00 $ 370,938.00
9) Pass-through Payment DSUSD Payments per former CRL 33402 70,162,875.00 1,785,106.00 1,785,106.00 $ 1,785,106.00
10) Pass-through Payment Regional Access Project Payments per former CRL 33403 7,324,342.00 326,356.00 326,356.00 $ 326,356.00
11) Pass-through Payment Riverside County Schools Payments per former CRL 33404 9,518,455.00 242,171.00 242,171.00 $ 242,171.00
12) Statutory Pass-through Payment City of Palm Desert Payments per CRL 33607.7 2,901,502.80 0.00 0.00 $ -
13) Statutory Pass-through Payment Riv Co Reg Park&Open S.Payments per CRL 33607.7 147,818.41 0.00 0.00_ $ -
14) Statutory Pass-through Payment CV Public Cemetery Payments per CRL 33607.7 117,887.79 0.00 0.00 $ -
15) County Administrative Charges County of Riverside SB 2557 Fees 2,650,874.00_ 94,107.00 94,107.00 $ 94,107.00
16) $ -
17) $ -
. L $ -
9) $ -
20) $ -
21) $ -
22) $ -
23) ( $ -
!Totals-Other Obligations I I Is 286,943,170.00 I $ 6,818,491.00 I $ - 1$ 6,818,491.00 1 $ - 1 $ - I$ - I $ 6,818,491.00
* This Enforceable Obligation Payment Schedule(EOPS)is to be adopted by the redevelopment agency no later than late August. It is valid through 12/31/11. It is the basis for the Preliminary Draft
Recognized Obligation Payment Schedule(ROPS),which must be prepared by the dissolving Agency by 9/30/11. (The draft ROPS must be prepared by the Successor Agency by 11/30/11.)
If an agency adopts a continuation ordinance per ABX1 27,this EOPS will not be valid and there is no need to prepare a ROPS.
** Include only payments to be made after the adoption of the EOPS.
***All payment amounts are estimates