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HomeMy WebLinkAboutSA-RDA 004RESOLUTION NO. SA - RDA 004 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY APPROVING A DRAFT INITIAL RECOGNIZED OBLIGATION PAYMENT SCHEDULE PURSUANT TO HEALTH AND SAFETY CODE SECTION 34177 AND TAKING CERTAIN ACTIONS IN CONNECTION THEREWITH RECITALS: A. AB X1 26 and AB X1 27 were signed by the Governor of California on June 29, 2011, making certain changes to the Community Redevelopment Law (Part 1 (commencing with Section 33000) of Division 24 of the California Health and Safety Code) (the "Redevelopment Law"), including adding Part 1.8 (commencing with Section 34161) ("Part 1.8") and Part 1.85 (commencing with Section 34170) ("Part 1.85"). B. The California Redevelopment Association and League of California Cities filed a lawsuit in the Supreme Court of California (California Redevelopment Association, et al. v. Matosantos, et al. (Case No. S194861)) alleging that AB X1 26 and AB X1 27 are unconstitutional. On December 29, 2011, the Supreme Court issued its opinion in the Matosantos case largely upholding AB X1 26, invalidating AB X1 27, and holding that AB X1 26 may be severed from AB X1 27 and enforced independently. C. The Supreme Court generally revised the effective dates and deadlines for performance of obligations in Part 1.85 arising before May 1, 2012, to take effect four months later. D. As a result of the Supreme Court's decision, the Palm Desert Redevelopment Agency (the "Redevelopment Agency"), a redevelopment agency in the City of Palm Desert (the "City"), created pursuant to the Redevelopment Law, was dissolved pursuant to Part 1.85 on February 1, 2012. E. By its Resolution No. 2011-76, adopted on August 25, 2011, the City Council of the City made an election to serve as the successor agency for the Redevelopment Agency under Part 1.85 (the 'Successor Agency"). F. By its Resolution No. 001, adopted on February 9, 2012, the City Council, acting as the governing board for the Successor Agency, established rules and regulations applicable to the governance and operation of the Successor Agency, and pursuant to such resolution provided that the Successor Agency will be govemed by a Board of Directors (the "Board") consisting of the members of the City Council of the City. (i• ,.4 VArnn.ra Tania WnrA FlIrc•CtA17 Rmnnc.C..rrrccnr Aeenry mnlnrinn annmvino IMPC a_77.17 nney RESOLUTION NO. SA -RDA 004 G. Health and Safety Code Section 34177(1), as modified by the California Supreme Court, provides that by March 1, 2012, the Successor Agency must prepare a draft initial Recognized Obligation Payment Schedule for the enforceable obligations of the former Redevelopment Agency, in accordance with the requirements of paragraph (I). The draft schedule must be reviewed and certified, as to its accuracy, by an external auditor designated at the county auditor -controller's direction pursuant to Health and Safety Code Section 34182. The certified Recognized Obligation Payment Schedule must be submitted to and approved by the oversight board. Finally, after approval by the oversight board, a copy of the approved Recognized Obligation Payment Schedule must be submitted to the county auditor -controller, the State Controller and the State Department of Finance ("DOF"), and be posted on the Successor Agency's web site. The first Recognized Obligation Payment Schedule submitted to the State Controller and the DOF will be for payments for the period of January 1, 2012 to June 30, 2012, inclusive. H. Accordingly, the Board desires to adopt this Resolution approving a draft initial Recognized Obligation Payment Schedule in accordance with Paragraph G. NOW, THEREFORE, THE BOARD OF DIRECTORS OF THE SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY, HEREBY FINDS, DETERMINES, RESOLVES, AND ORDERS AS FOLLOWS: Section 1. The above recitals are true and correct and are a substantive part of this Resolution. Section 2. This Resolution is adopted pursuant to Health and Safety Code Section 34177. Section 3. The Board hereby approves the draft initial Recognized Obligation Payment Schedule substantially in the form attached as Exhibit A to this Resolution and incorporated herein by reference (the "ROPS"). The Executive Director of the Successor Agency, in consultation with the Successor Agency's legal counsel, may modify the ROPS as the Executive Director or the Successor Agency's legal counsel deems necessary or advisable. Section 4. The Board hereby designates Paul Gibson as the official to whom the DOF may make requests for review in connection with the ROPS and who shall provide the DOF with the telephone number and e-mail contact information for the purpose of communicating with the DOF. -2- f:• rrla Varnn.ra Tanit Wnrrl FiI,. S aff Rrnn.ee•Ciirrraanr torn,' rrenh.tinn annrn.ir... Rf1RC'1_1'..l TYICY RESOLUTION NO. SA -RDA 004 Section 5. The officers and staff of the Successor Agency are hereby authorized and directed, jointly and severally, to do any and all things which they may deem necessary or advisable to effectuate this Resolution, including submitting the certified Recognized Obligation Payment Schedule to the oversight board for approval, and any such actions previously taken by such officers are hereby ratified and confirmed. PASSED, APPROVED AND ADOPTED this 23rd day of February, 2012. AYES: BENSON, FINERTY, HARNIK, KROONEN, and SPEIGEL NOES: NONE ABSENT: NONE ABSTAIN: NONE ATTEST: Raffhelle D. Klassen, Secretary SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY Robert A.Spiegel, C -3- (: Ma Vr.nmra Tania Wn.A F.Irc Ctnif Rrnnrtc Cnrrnccnc morn., crcnititInn an.wn,.nn R(1DC 7_)i.l) INX'X RESOLUTION NO. SA -RDA 004 EXHIBIT A DRAFT INITIAL RECOGNIZED OBLIGATION PAYMENT SCHEDULE Exhibit A a'rA, Vr.nnira Tania'Wnrrl Fil•oCfaff RnMrtc\Cnrrrccnr anrnry rrcnhninn amsnvino RIlIK '_)t.l) IY 'X 8 1.902.587.75 2 3,881,750.00 p8 N 8 S 7 S 4 N 8 N N N M N N N N N N N N N N N N 8 8 N § 4�pp N Y1 oO O r 74 N ♦ 8 8 8 Nh M Z 2 ^ E g j�y 8 8 J 4 O • 11 E ce I 8 74 3.807.317.00 00 8 5? 8 n O N M N ,p Y N O N1 _ 3.953.500.00 O 8 8 2 2 8 8 8 8 O O 8 4 g < 8 a N N N N N N N N N N N N N 8 N . • 8 _ 8 e 8 V ^ 1l _ 2 74 8 O• N 8 8 n 8 8 N b ^ h 8 a 8 8 N m p p 7 O N O� 2, N S 8 °' 8 e 8 8 8 3 8m �V O O 8 m 8 8 8 5? 4 8 8 8 8 8 N 8 8 8 8 8 ym N ^ A M N M O N 8 42 88a 88 p7. °ram' 8 8 oa8p y8 p8 N8 8 8 8 p81 '7_8 88 08pp 88 "7 N O g ONE O N •Y t� V N N N N 01 N 00 O ~ n % N M O V N N uD ^ b N N tG a0 y fV 8 8 8 8 88 W$ M : $ o g § 8 ,c 8 4 2 8 8 8 74 8 8 74 M 8 8 8 8 8 39.862.121.66 8 8 8 u R 1.7 W W W W W W W W W m 67 al CO W W W W E ! 5 u a a d a a a Ji 9i JS SS JS A Si A 8 $ A g e 5 1 1 1 1 1 1 1 2 t N -E sus • ss ac 7 7 A A 1,, e Fa i c 74 o 4F. 3 Wels Fargo Bank 0 W W W W W W W W W m ` 5 5 5 5 5 5 5 5 k o /111111111[111[11111111111141 E.74ec2E7E:74E74745 a S,a 6,a 3,a 6:a S,a S,a hua kta L a �m Si L. E a » a 8 a 3 5 a tt 7 E 74 a o 74 gag w $Q� gs C 41 lLL IL t� C » ( " 2 LL 8 N c O A co j LL c p E 2 3 3 3 3 3 g a a a 3 Fac kt es Lease Lawyer's Tide Ins Corp 5 LL n 4 ^ 7 as O, 8 N 2 N N 4 4 2 4 74 9 a` i I! �i 11 8 a 8 8 8 8 8 8 , o m 8 8 8 8 Oi 8 8 8 8 Cl m N O N 8 fit N N 8 8 8 8 8 m m f N b g $ 8 8 • 2 8 e 8 8 N 8 8 8 f � N 8 8. 8. 8 8 8 8 8 8 N 5 8 8 8 8 8 8 8 8 8 8 O 8 8 pp v. 8 8 8 8 8 8 8 88 § O 58 88Q 8 8 8 8 o w w w CO m m CO m w w w w w w m m CO CO CO m w w w 1 o,2 1 0 1E 3E EB.c Oni!3et42E a mwLL tE 4$£ 8 e$ e$ e$ E trili3!1,t1 pc u g i €oa.go.E€ggisi`gi`g is.2§ hPEPOs5a €1 ga s$8 59 .t illtlif€ to iIiiii .1 ,.o �. ...aFa a$a3:axaxaxa= 8�U3 t $<$a. 5 G E 9 a - 0 = 9' N 5 l R 5 i i e i MHHiirM U W E E E 8 8 E 8 Ep E E 8 8 I 5 a a a a a g n n A M 8 r 8 M$ f i a DODDD 3 v S v S a 5? B 5 8 g E 5 0 N N N N N N Last Amended Per AB 26 - Section 34167 and 34169 (*) 888888888O188CY88888888 8888R88pt� 8888 NO eiiOmNN�p23 Q N • w NOON.O- *Vo^N Q ^ NM p1_0 Gel t h t�2pp pp p p O pp p p p po pp pp pp p pp m tp N 8 8 8 2 N 2 pOp 2 0 0 2 2 N 2 N O N �8 8 N N 8 O° N O N S 8 8 ♦S )0 m0. C01 �p N Q O N 1�0p N O CO< r 0 01 �0 O O O t0 CO. � O a00 c- O O 01 O O 6/ vW•- O N M �$ W Q- m m O C O N 01 � N Oa N » O I i • 2 N c II 15a o S N y N i 2 N t m 2288N228288222pp2888228 52pp8N288 pp D • ry Oom88QOp OQ.-O6p N N N aoNN O Q_ N ri h aoO n O N N 0 0 0 o5vth 2co Q Q M t0 m p nWni p 0Wpp 05 0 N CO Op�p _W Q WW O h N N`i N O— 8 M 4 N N ft ni O U t N p p p p p p 3 8 y8 8 8 8 8 8 p8 8 8 8 pa8 8 8 8 8 p8 8 8 8 8 8 8 N 0 0 0 0 0 pO_ �a a 3 '' (O (Opp b N Q)N M N W. P t- 0) N O O< O N cO O- Cv O 0) (0 a(0 (N0 tp0 .'! R - O O N O N t0 N t'I ' N, M N .- Q c-Q W O Oj - a v r v ✓u 2 N N E p Q p yy 0 /1O O 8 8 8 O 1 Op O O O N a0 l 0) O 0 0 n n n o, N M M uOi pO Q p O O O O r co OCNI Wi co ai m W f0 ONi np (Op Oi P O) Pp Q ilf O ��(1 O O CO N N N Qi OON P5 co 8 t0 c‘i(�0p 05 u(f un-(y M m ypOyp yN OQ en 0 el Oi O N I'- CD f0 ry 9 01 OL ix N N^ N N Q tO N W uj f O V 01 �+ N 3 f Q N 1 W W W W W W W W W W W W W W W W W W W W W W W W W W W W W W a e » f M M M M M M M M M M n, n n n r n n n r r r r r , r n n r C J J J J J !� 1+ f� n r n n r n n n n n n n n r r 0000000000 ri c5 ci ci ci i�S i3 i�i iti iS ci ci i�i i�i ri i+i , ooflok8`sa0000�gsg000kkxkakgmVitifffy a s a s»» a a» a a a�q tPPP2 a» LL $ S, 15 E 15 15> S5 (5 r E E E E i(5 S, S, i i E i S(5 E E N m m» m w CO m CO CO3 R A CO CO A CO mT m»» m N m G a a a a a a a a a a COa a a a a a a a a COa a a a a a a a a a m a LL g sS r 3 v Cr) 8. m a b E di » E m x LL=_ c E A E mq vwi d�°d b d m (j ... „� m E �° L°U ud $ a c ; , U c v c c c s'U m 8 a I � o >. 1 t o o . o' . ,, m > >_ > > > S r . m m rn a L)L)u 6o cowOOOoorew0000000Gm�a� I : » `n 3 $ 111111111.11P111114 t g P 1 1 1a a1 E II m ` �+ .+ .+ L L L L C C C L G L L L C L L L L — E h Q a P P P P P P P O� N £555 5fifiO $ Z2Z aadiiso gPf5££5£55t O ptt maa�aa� aaE; 8 C atgsg 838C E i4 444'f ill igi iiiggg�$ Y o al h s aoapAam mmaaam011IV z. t W ig — N M O N 10 r W 01 O_ N M Q t0 W, W 0) O Q W 0- W O) O N N N N N N N N N N M Name of Redevelopment Agency Project Area(s) Last Amended RESOLUTION NO. SA -RDA 004 $ 1.324.837.25 888 88 8 8 8 8° 88888 8 8 8 0 8 2, b O N O h h m m Oi t�l M m 0 ^ m + 10 ' m n Ol OfV M 1V OD 3 2.945.493.75 O r? 8 � Q M Omi M O m O ao g ^o of M M m m n O `'.2m n o ro 8 P.o n m m n 8 r° • o or o- M c M m N N N 8 8 2 N 8 8 8 m 2 10'1 8 8 8 8 8 Omi M N m R m p o8 mP N m '4 tN o R po ■ O A m N 8 8 8 N 8 o ao of po id O O 8 v Iu a r0 N O em O O O O O ON 8 �0p0 NOao O m 0 0 0. 0 O O, NMd O 8 p n Nr O NM A. E. m< 0 O O V 0 m 8 n. o. N m 88 888 88 8 8 8 8 8"88888 8 8 8 8 8 8 8 8 § n88 88 "ten n' $ N r Mo$a8$ op = a °8 Np co' anp O O A m m O 01 N O m m f° + Pipm 1) 1° m 8- . v N m n N 11 W W W LL1 LL1 W W CO CO in CO CO CO CO CO COOI COm W W Lai LiO W m O] CO 0 2 0 o E 0 0 — c o a s is ° ° E 1.7 2 am ` t3 ° w Q U g �j O K p O G q 7 7 N W ° Se Uo 444� 1� tso �, t z a a' a s 8 J a e �e �e �e r i a o 0 0 `% ° o t o i i o' C9 o B �N C^ m m m Z88 8m 0. 3 < °as` m a a a..ci ii 'N l g§ EDc0;€ a N P a a a 8 n U u w' fez 8 0 8 t N Fe c o `o `o E_ S 4- a • c 3 3 3 u a" 5 S o y o y b x Ga a c� c��<u<od 3 3 ° 10 To Cal State University Infrastructure rrr o o 1 c a m o U LL LL LL LL LL IL _ o u y Q o v v v v v v Trustee Seances Richards, Watson 8 Gersh E IIdW b0 O Q O I m ciaN d 3 0 8 O CO- 0 n m Of 0 .- N (0 v m m n CO 01 O N N N N N 27) Aquatic Facility 28) We8 Sites 29) Puhbc Safety Academy Reim!) PALM DESERT Project Area(s) RESOLUTION NO. SA -RDA 004 11 2 N M O m CSI O N n N N N M N N ,0 8 a 88888 o6$oM .2222 � N 0 n m n 2 0 CO N N c! n (0 O N o m N O N 0 P.N n n n R O 0 8 zsO F O 2 699.715.86 8 53 127.662 84 8 0 0 o, o 3 8 88888 0 o, 0 of N O 01 O N Ol — p IW w W W W W W L e u o Y a c TT 2oj 0. e v n N 820 a 18;o 243t asps RDA Assigned Employees Dubin required under said ProMtl Name / OWN OOhMbn 30) Project Area Administration 31) Vested Employee Benefit Obhgabon 32) Stipulated Judgement Case No. 51124 q � ; N W 88888 10 N ap 8 8 8 N ♦ ,0 8 10 0 O 3,665,265.81 3.668265.81 8 0 Y N 8 8 O 0 m m m 0 Payments on existing contract for the Housing Authonty property management Payments on existing contract for Housing Authonty property maintenance. Payments on existing contract for Housing Authority property maintenance. 1.100 Affordable Housing Apt Comp's RPM Company Andy's Landscape and Tree e 1. 2 O. a 2 2 O 0 a a West Coast Arbonst O a Palm Desert Housing Authonty 36)IReplacement Reserve Fund 37)IMonterey @ 1-10 Imps W W W W O 0 i• 3 i; 8 B�aa si J fi_ l; yo = �8 T=�8�� Q e 3 O S e O O 0 GG ba°SoFS.XSB� a 8.. B c g c »�o m8- t 7" exo 0 6 c o 8 0 0 4 c o g„- o P g a ab o .. r 80 2 z n 8 ,,Vpp- m e F R.g!N�"€a"a 240,4t £Q gm QQLga 88_ Q N W ft2.PP. ONi 0 o_ 496,388.69 2 481.443.43 8 8 W 0 m 0 Dokken Engineering 42)IPortola ©1-10 Imps eporbng Services 3 D 8 3 0 0 2 2 T 6 8 46) Additional Disclosures on TAB'S 0 8 Union Bank of California b 8 5 47)IBanking Services 48)jBond Project Overhead Costs E 8 8 N 0 Last Amended PALM DESERT li z a` W J w _ 2 U a) N'° � a Z C 2 a Z C • IQ pc. v N J CO Ca F RESOLUTION NO. SA -RDA 004 888888,8 O Q� N pO N O Q Co Ol �8rQ N tD O N O O N 0 � 00 O� 8 8 r A YI N N N N N N N N N N N N N N N N N N N N N N N a oN 88888888888888888 m. N m 04 Q O 0 0 0 0 0 0 0 0 0 4 O N N 888888888888888888 to 0 C C N T 0 Ihp1 O O O t] O O O o O N O N M N 03.W eO) O N N O P Q1 8.8.8.8.88.8. 1 C'(j O c, O O OQ (0 WQ(• Y n v co ri N tvnow a A 88888888 O 0 0 0 0 0 0 0 00 0 o N not 88888828$cr�-8210tWo�8 t0 0 h Q •N O N u-1 O N N N 0 N O Ls) CON or N 0, t` N O N CO 0- O mm MN N tp CO O f� 0) M O 0)N co t+, W� o O c(0 N N O M to. 01 07 WWWWWWWWWWWWWWWWWW NNVQ J J J XXXMXXXMU U U U U U U0 ggiggEig NNNNNN IMMO J J J U • U U U U U U U U O NO N OWN t0 CO CO COw W co c0 N CO 00 10 w N w CO 00 a a a a a a a a a a a a a a a a a .-,c 3 N E 836Xocga SB 2557 Fee ro Y � U m U V U = O O 0 a.zSzc U 0 0 0 0 0 0 c-N 0 O N O N CD W O.-N 01 O N 0 A m Ol O.-N 01 N N N p8 et N 3,026,431.00 5,922,137.00 5 385,800,737.93 Totals - Other Obligations Include only payments to be made after the adoption or the EOPS. w 5- ra 3 8 8 8 8 S S S 8 0 8 8 N 8 8 R ♦ f ♦ N POD N vi N h ^ ^ N 414 ^ �' S 10 v ^ NNr o co 8 Y O � N A a � co e 9 m N ci 0 888888 8 m 22 8 q of r ♦ M o o ^ o rn N^ N M p n ^ 2 o co, cc, ao N mi 11 1 8 8 3 8 8 8 8 8 8, M 2 8 ' A ' 8 8 ' <2 8 8 O P iD 8 x om n O h 0 P M 8 8 8 co 0 m a0 d iD r d i0 D O O O O o O h M O n 00 O O 0000 0000 0 � �� o 0 0 0 8 0 o N 0 O Y *2 �O b N Oi tp N ' adOnda N r N P m ^ N ^ `p N N ^ W W Ill CO m CO CO CO CO mm tt N N 88 Cook Stree o N M v 0n ro R m College of Me Desert Public Safety Academy Rentb CO W W W W W W W W W W 11) Propel Area Administration RDA Assigned Employees 12) Vested Employee Benefit Obkgahon Duties required under said court order. t = o' = 2o lec m C n=NwO 8m^i E o o s a a a 13) Stipulated Judgement Case No 51124 14) Replacement Reserve Fund 1.100 Affordable Housing Apt Comp's O O 8 0 0 M M � 6,549,774.53 x 1D 6 549,774.53 W s s i L i .16 g i L I 0 0 0 0 0 w L B u E L $ if�£ '2'S S 5 e 38 §8 3 3 3 3 3 8 3 & P P Q P p P P. P. P P P C d o ="s"s_ ="s ="s "a ="s If If e o c X 0 S RE 0 0 RE 0 0 2 o< =5 _ — — 8— 8— 8 ^ 8— rQP rQ ..Q ew nw w w S w w _ 1. ET t tQ it Q o Q Q s$ 1.2 12 n' Z a n a n a CIa s n o. a n a n mw w $ 8 L 2 2 1< N (3g g P _ -0 o c & 2 0 U et RPM Company 15) PDHA Property Management And West Coast Arbo PDHA Properties Wells Fargo Bank Trustee SBMCes a m F w u 3 a m ci o OE Legal Seances 8 m ) 7.3 Professional As Reporting Services Palm Desert Twang Entities Pess4hru Trust Account 0 10 ^ r' H N Last Amended PALM DESERT 2 § O ! x (-)• E \ } a. §) Pj- 0a N § 0 rew RESOLUTION NO. SA -RDA 004 \ ■ California JPIA a f 0. ` ° ~\ i k {, $t3f! } ( \§}!!{ )7 |r i/|\ i i j}k 2! § ( \§iI#K° 4! \ »f !g!�-0172f4■ ! k±J§§§\-{!)\(ƒ§|)\aƒ§jƒk( union Bank of California Project NarM / Deb( 0NgMbn Additional Disclosures on TAB's Liability Insurance Banking Services Bond Project Overhead Costs Portola Avenue OnfOff Ramp Co 2 Undergrounding UOld�es a.- 33) Falcon Crest Lot K S 18J 039,503.26 CL 8 8 8 8 8 8 88 8 8. . N O) S 10 A S N 1� Iv of • 1� ♦ n {p ni cn'1 A �$7°'NNNMO 1 f N N R 0 Nz F N 2S8S388888 a • o rn g2 n N ^n 1b �.i R 'S Cy n • p1 m 4 W N N O O l+� t O U N a 11 J w J D w U • a Z cwc 1 Q " Z o O� 4. Nm J Q m O a re O PALM DESERT N R 1 N-'t0) 5-00888880808, n a n r r o ri o 0 0 0 0 0 N N c� m o N 8 c� fp ci Oi N 1 O. O ID r t4'I 4 11 1 8.888.8.8.8.8.8.88.8.88.88 N oD �(1 0 0 0 O O O n OO N. m NN CNY r 0 N N y OD N t7 OO Cf') 8880888888°.82.10 .- • O 0) r 10 °) 0) O O N N N W t0 N O LLJ W W W WWW W W W W W W 1L W W 0 0 0 0 0 01 c 0 0 0 0 0 0, 01 01 4) 0 J J J W WCYM J J n ri Q ri $ rj Q Qr 0 0 0 0 MMIXX0 0 0 0 0 g 1�i 1�i 1�i i U U U U U U U U U iXd $kk88aakk$k88Y LL E• EEEESSEEEEEEEEN (.(5(5(1(55(5(.(5(5(5 i m a a a a a a a a a a a a a a a 1n h m c a 2 p c =' �' QQS 00 c m � V� U E 2' Lic U❑ U U U T i k E g L L L L a a I i i i 5 5 5 5£. L L L L L C L C q q O� OI Oi a a G 1 d 4 a • s C L d 1 d a 1_ 1n V) l V • N 0) O N 1O n CO 00 N C') O 4n 10 r CO 0) 0. N C) N N N N 1,915,460.00 I $ 104,346,366.99 I $ DIR 82 82 8 8 8 O N m� m M m N N N N N N m e S 8 8 2 0 S m 2 N m 1 8 a 8 M 0 0 CO G Oo 0 R 8O 0 � A p N8 CO O CO 0 8 8 8 8 R JS 8 8 < M n 8 n 5 8 8 4 R a M N e N 8 8 8 2 m 8 8 x 8 8 8 8 o R 8 <_ CD G N 0 J 9 O . O N N D 0 Z..; 0 c 14 1 2 (S wJn Ow W N 0 m il OWa N t li a Z 11 0 0 0 m 2 8 8 2 2 8 m 8 _ 8 8 8 8 V O r o) M Oi T N < O M 00 0 O O O O O O O O O N 8 8�p O O N O 0 O O O 2O O 0 f O O O N O N O) O �O at O No m 8 8 0 m m o rn ° � °� )o � o o g e N h 5 W 12.889.213.00 22,255,943.00 8 m 8 8 8 8 8 8 8 8 8 8 8 8 8 8 2 8 N N O W r O) m c aft N Oi N h ^ h 0 � N r m O M N w w w w CO m m WWWW wo w w w w CO CO W. w w w w Wells Fargo Bank 1)11998 911.020 000 Tax Allocation Bond Issue 4)IUM Housing Fund Loan c o o `o 0 0 `o 0 0 o 8. o Cn� EL tS Ti ti m m atg 2���� �o� 2 ao g'o +.i mo gwa o» t Wom Q¢^ Wi 3 i. Y iit f xa `„oeoea'a'z;tat'azm�tg},tmz$�000 oq o n E i « o c « w « 5 « 5 c « « o`_ « 0 « « ¢ y „ m 2.11S :2i2E2r327,f 2' I 3 EL; ;S a �a all' N O o & c c R V m o u w i 4 c c i n q rd ' m = 3 3 3 z mm ua 0 Ce Interactive Design Corp 5)lPA 4 Pubbc Improvements 6)IPA 4 Public Improvements PD Country Club Undergrounding Trustee Services 5 Legal Services Professional Association Auding Services Reporting Services Liability Insurance Union Bank of California Banking Services n 0 O) 0 — N N f N 0 17)IHovley Retention Basin Interactive Design Corp RPM Company Last Amended. 1 R R 1 andscape and Tree 24) PDHA Properties 8 25) PDHA Properties 8 8 10 435,341.58 8 8 Oi oc 8 8 O' O N m f + 8 8 8 8 o v o 0 o m0W 2,214 199.56 18.500.000.00 m m co • £s:i::§! g N is s ;$ ;$ E Ji ,3k=g is A`rfB w~• E e o s $ 4 o e a• o E 'A N L N ti L b w 26) Additional Disclosures on TAB's Palm Desert Taxing Entities 27) Pass-thru Trust Account Ob5gatons College of the Desert 28) Public Safety Academy Reimb To Be Determined 29) Carlos Ortega Vilas 301 NSP Rehabinaton Bond Project Overhead Costs Cados Ortega Villas Desert Pointe RehabiLtahon Undergrounding Ubhtes Ym � Ym Q r r 8888 V. (A) LoWMod Income Housing Fund. (9) Bond Proceeds, (C) Reserve Balances, (D) Administrative Allowance. (E) Redevelopment Property Tex Trust Fund. (F) Other Revenue Source "• All payment amounts are estimates • n • eN O g m m m m m m m m m m m m m m m W N N O (O CO V0 CI, p W N 0 (0 do V OI (n p W N pv ovi gv 4 0 0 n ,c 0 0 io 0 0 0 g 1ii 1 4 w o QA ° n? o 0 o o Q??? m m ' g C m m i m -0 9-0 13 13 13 13 -0 v m 9 0 13 W d d d d d d d d d d d ( 0 3 3 3 3 3 3 3 3 3 3 3 m m m m m m m m m m m m V,,,,, 3 3 w 00 3,,, 3 T N N N m N N N N w w� b N A A A 3m 0003m 40(0m Q CD jj$�???j p� C) 0 C) C) C) C) C) C) ° C) C) 0 o A A A A A A A A A A A J J J r r r r ..... r V V V W 4.1434343430 W ((,,�� W 43043 o W O O O O O O O n o r ? • N i i O p N (Ap N N (0 --30 A A m (T W O CO Q p O+ 0j W (n N O (�1 -3-0 0! O �f N+ A O N CO V O3 N bj 0000 (J O V V CO (AJ N CO N (T W V0 V D m CO m O N A m W CO (0 N-, Q 0 O N sRp A V m N N N p N CO W p A 0,, A N p A. 8 i0 O O 8 O O 8 O O 8 8 8 O C I _ NWV(00)N+ WJ f sl sI 1:10'1•61,1119.9 0 A N ( 03 p N O CO A 0434,4343 c p .. OV 0 0 0 g O fJ O (O 8 U Of g $ 888888888888888 0 0 O (• aW( (p o tp (� 3 OQ1� A po�D W N (On W �p 8 + (p 8�1 0� W ,70 e !o G O O N OJD W .((0 O (T N .(NO O 430, N to -to a • S 88888$888i5• 8• 8• 888 n R • a e N r N rb O s O _ N O N O S Bm N 9 T m y• p Epp pp n• ^� + W N N OD NNp (pV + A i g 1y O N O O O N m W (.50 O N N (0 0 W U (O 9 g 88888888888888 O N N N N VN N N N N N ........ N N N N N N rp N W V - W 0) NN W 10 - j if p N ( 0) p N O 8 A U W W r 0( W yp V� O m O (00 8 m 0) -co i 8 888888888 1 c m w 0 r c 8 Z 2 3 a d o I z ›a z m A o d N m m O 3 o y 2 2 0 m � O W awoTr D Of —1 a O O • Z j V m a o) V! 0 C r m A 1213S30 WIVd pepuewy Ise-) [This page has intentionally been left blank.] is 1 if N N 8 h 8. $ O I n N 8 O O 8 N N g, O 8 `I$ O O 8 d� tri^ Ntri » » » » » » » » » » » » » » » » » » » » » 8 R a 6 R 8 e 8 8 Io 8 SI S 8 8 8 ry ^ 8 m 8 R 8 8 Ie. SI 8 Si ^ A A R A N ONi ui ^ O N 5 n o . E. a 1 a n = 4 1 4 1 1 4 1 1 tg5� ri 1 Wels Fargo Bank Weis Fargo Bark Wels Fargo Banc $ g 8 g g of m g c LL I LL LL N 8 g rep � > C 5 3 3 3 3 3 g o. a. 3: a 8 m fO 8 8 8 8 ry 8 8 N ^ (Ai 17 2 8 a ^ N 8 S. e 8 8 8 8 N N 1p 8 8 8 r � S $ 8 8 8 N fl N O pI 8 8 8 8 8 N b 8 n 8 8 8 8 _ 8 8 8 8 8 8 8 8 8 8 8 8 8 8 to tv + ^ E n R § 11 Itrg al -Epp a a.8 a S,a S,a Son. mo. F 0 t�7 0 b .e LL 3 7717 YI tp a S x a w W W w w Qf a 8 82 ggtiglit 1 -a$go1 ..E5OPPP2 Sin R0a 12 B:a ? a H a 0 a a 0 U 8 a w 0 2 a Lawyers Tree Ins Corp a 00 w Gunnan Gardening Overtand Pacific & Cutler 0 m O R N N N N N m R N N 2 N N O H H H H N n i3 m s Y N Y N � R P. 1�1 te CC N r g gQ� a Iv N H R N N r N $ 8 P- N n Y - O 8 8 8 h W W W CO CO CO CO CO W W W 1. g L g eT � 22$2.Y•L Vi e E i B I t l_ • fill ! ; iliIill8 tilittitli: $:$ ili4 i iiiiiiiiillifilifaiin t3E74 llitillitifiliiiiiiiiliiii4 �:o8oks.%aa$nua' aS:a' a a a e83 d d d 8 o c B x x it JlP W €l J 11111 K g B = :S 1 o �` '° i .i i u E E E g E > 1 a 0 Y> 1 Z o 1 a 81212 SOSO > igi r�a�ama�ar2a 88 88 8H 8H S 8H O O O O P pO H f O » » i 88 p.$ 5 5 ei Q N N N v. N a » » 61 W 8 d g s E $ O A E e r 3 » » » L 0 a a F 0 n uu • O 8 a a s o § 0 g o 8 g 1 E a 2 g n g m 4 £1 n $ » »1 3 8 8,8, n g §. 1 0 1 60 3 3 8 II » 8 gg Y s 8 8 !e » 7C b :13 4 n a11P€ »»»80s �8� �.E g q9 Y Hil as a • 0 € oan g R £.EGi� f g3 Ili1a of 2 1111 8o e 3 8 9 E g g W ,2 ia' c $ . E L b ` 9 t S cI E a g N f 5 lidc�z 0 g 1 E$ @• i '��c8 a` 1 a(su ORQa 1 R8 ct O p 0 t. �' O 0 'c l i t E 0 c • E 2 E Z K E 5 F €el " 0 i i 0 U $ r g E O ! E E E E $ a $ S o M z . o e e g g $ + g 3 jS C if 1, i i 3z 3z 3 7 8 8 8 o 2 a L� S� ` 8 S b 8 d � gS• o II s S a q a >° ink �y Y3 O ap L. S g ♦'< S Ip ap aC i3 0 . ig H th M 2 A M * M » 2 S Y r V Y f i f S Y 8 N N 2 PALM DESERT Name of Redevelopment Agency Protect Area(s) J 0 W 0 N . o F N N N N N N ................... N N N N N N N "0 O04. 8.�� 04 ')0 M (") (") el J el el el elM r r r r r J J J J J J J J r r r r r r K 0 00000000 O O O O o 0 mp E m 0 ID CD0 0 0 € OE e/ el el el l7 M M M 0 8 S o 0 0 o S v cxi 0 0 0 0 0 CCC CC CC Ce...) .• U U aaaaaaaaaaaaaaa.aaam;aaaa 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 O O Q m (0 O(0€00(50000€0000000000(0(0 a a a a a a a a a a a a a a a a a a a a a a a 900a xea Oa 99 §�§Q$ g0 N W W W W W W W W n b C 6 � a y 0`{x 8 9 ti T d 6 r= O a U 4 2 a EV U n m C) g ti M N O J LL .8a' 7= O '9EnC:/. -E tD i O t o c 0 c 0 c 0 0 c c 0 c c c 0 c 0 c 0 c 4 ' aaaab°daaaab°ab°a2°2°a 2.2g C L L L L L L L L L L L L L L L L L L L II i l E E E t E E E a 0 Q Q Q 2 Q o o Q E_ C an.`°. "1 oaaaaf£fff£ffffff f.f 2 L N�N 2 Nd N d c 1111111filliiiiiiiiiiiiiii§§1§ 0 z 0 a C (d 0. dA 0D VD) D N A VVV) V(A Vo VM V) R VI a s99J 7p a W a N lhft t0 r m Of 0 N el O (D ~ CO 0 0 Co N co el N N N N ( CO V �co 234,340,936.00 1 $ Of CC CC w w w 7 O. N RESOLUTION NO. SA -RDA 004 1 80 m 8 N CO 1h 8 M O 88 °° N d 8 M n 88 07, o a N M O o '0 o a6 8 8 244.943.75 'O 0 15,721,849.00 8 8 29.821366.00 8 a a AAA Weis Fang Bank 2 sa 8 8 8 8 889 �38888 o cc a of vpoi o 8 N O N 8 8 8 m 3 8 8 8 O O co 8 2 8 V. m Q Nl C P. m n 8. V. m 8 o m n o _W m o co o co of n n 8 0 8 ro o; n m 8 8 2 8 t7 r N 8 8 8 8 8 A 8 g 8 a 8 0 M 0 o g 8 g 8 g^ e ati io CAA a 0 0 CO c% N m w CO m m Penta Building Group rn O 8 m m 8 8 O8 m 0 8 q Opp � N tOpp pO �Opp 8 O n N Cf O O< m § T N co gM W N O O m N CO 5-4 = 'v U 8 0 0 O n 0 d_ d, r d 8 8 8 8 8 F. M N N N O m8 0 0 m �o 8 8 8 e 8 8 8 8 Fi E. L��D2�Dl D u S3"3;J'E Y. LL LL LL LL IL LL i u u u u u u u 0 ovvc o c a a a a a a a r 0 O N M d O m n Richards, Watson & G 8p$ ii 0 DIeM, Evans 6 Co. A Q 8 E a 9 MG Lghtatg & Electnc 27) Aquatic Facidy 0 28) Well Sites m College of the Desert 29) Public Safety Academy Rermb 8 8 8 8 8 8 0 Name of Redevelopment Agency ) Project Area(s) Last Amended 2 8 $ « 8 , # # \ S ! ! *If 401 Kk / ;.,,,Si ( ; o co o |g ) S. 2,699,715.86 § . 0 Q 102 � k # 1 30) I Protect Area Administration R Vested Employee Benefit Ob gabon co 53 127 662.84 Stipulated Judgement Case No. 51124 RPM Company PDHA Property Management Andy's Landscape and Tree West Coast Arbonst NAI Consulting 88888 �§§{\ 88888 §%• gOlV 2 E \\\\ 2. { {� ) ! !!!! to R R m 2 2: mre« 42))Portota @ 1-10 Imps 10 IA 43)I Reportng Services to 44)1Liabdity Insurance 3,665,265.81 3.665.265 81 alm Desert Taxing Entitle 45)IPass-Ihru Trust Account Obligations k 46) Additional Disclosures on TAB's & 8. ) O. q § Union Bank of California § 2.481 943.43 8 § \ 47)IBanking Services 49)INorth Sphere Fire 50)IMonterey Ave On/Off Ramp Imps � g sin PALM DESERT w J w Mr o1 mo H 5, W v c :o >-m aa- Zc 888888� Ot Q:�% O N M O ON 0°�80 N nal st m n ip N 1A O O d w •3 O .77 WWWWWWWWWWWWW 1 AAAAAAA r- 0 0 0 0 0¢ 0 z Q U U U U U U U U§)� 9) m m m E mE m m E mE E mE "p ro M m M_J _J M g g i S g€ 5 8 0 0¢ 0 0 0¢ 0 0 U UUUUOUUU nnknnnknnnknnnkkn� HHHi!:flflflflh a a n a n n a a n n n a n n a a a vi LL c f x q �z� ffi 9t L i` m y Z c m F y 0_ ., IL y Xp a- i § O 5Q5Liva� c 5QL5i>>c3,aimma025 7Q N A g§ d I I V V a❑ U 3 1 « U v P O 11111111HHHH11 p a a a a d a a a OS N�� i9 t7� OS OS OS tliktUKIR Q. Q. Q. Q. Q. Q. Q. Q. a N N) v Uf) W n W O O'- N P) v 'l) IO 1- G O) O v-N C) N N N N 40. 40. Go 40. » Totals - Other Obligations 12. Adopted ROPS must be sent to " Include only payments to be made after the adoption of the EO "' AN payment amounts are estimates N .N- 8 0 0 0 0 0 8 O O R N 6 N M y 6 6 O pO .il j` cm sm co m 01 O' O O CO N .�ppp N N p CI 8 NN 1C10 OlON'01N 8N C N M H ..... N CO p N N •n CO N Y a ON h N N N I 1+1 aD mm N N N O O O b h O ▪ N W • O ED O • m O 0 O 10 ▪ r N a a co O V • 8 O O 2 8 t�l 0 0888!88 8 m 2m 8 mO2,O�°8 8 g N N r O m 01 8 :1 O1 O at 10 N N Co 0i W W W m m m m m m College of the Desert Public Safety Academy Reimb N W d ill 10 r CO 01 0 11) Pro ect Area Administration N N O O 8 0 q O V cob o r m �D M A N O r Duties required under said co O Andy's Landscape and Tree PDHA Properties ji West Coast Arbonst PDHA Properoes 01 lh CO N n t0 N O r h .. M Wells Fargo Bank No d 8 cn ODD N d h O O1 (h 6 O Nl M m m N a 0 O N v1 m n Legal Services Professional Association N Reporting Services v m CO 01 N 5 6.549.774.53 CO N M 8 m 8 m • 8 8 g 8 0. N N N N N N N 0 w O f N o E N• 0 8 O' e a N $ N' N N N O 00 a0 O O m 'l8I 8 m m- a` o m Yl O O.: m O • 0 O 0 o:Eg ... L 4 4. R' fi r R': o 0 I w 0 a a O N N N G il h O 8 N pmi N �4 co m ° a .!drr m » 4 1 1 0 an w W w w m Additional Disclosures Caldomia JPIA Liability Insurance y 8 22 RE 0 Banking Services N Bond Protect Overhead Costs TBD from Unspent Bond Proceed Portola Avenue On/Off Ramp Constniction TBD from Unspent Bond Proceed Undergroundmg UtiMbes Cl E 0 W (A) Low/Mod Income Housing Fund, (B) Bond Proceeds, (C) Reserve Bat `Recognized Obligation Payment Schedule (ROPS) must be prep Project Area(s) w J 0 w x 0 N H z w 2 a z 0 J m 0 cc w F- O Per AB 26 - Section 34167 and 34169 (*) 88888888 N N0rrr sJ -I _I 0 0 0 0 0 0 0 0 U "(0M 0 000000 ag88$$$88$a8 iimiii t .4c44...4444..4 0 a 0. a a a a a a a a a a a a 2 0m m ig ram k L Y t s a K� S . D p° o - o a= a z . 0 U 1I U 0 E K S S U /j p o w c V E E a 4 FF ��k€k++ F �± Y .Y. Y a S S S. g r o '" w a Ly d a i i i a g 0 C EEc Lo° 451 T O1 0 - w Z b°E°LE2,22,2255N NS1fi� O'o �, HJIII!41IInh L r c 0z 2E2222 g $i 0 ? o c4 vs 2. Adopted ROPS must be sent to SB 2557 Fees W N (0 O u9 f0 1- CO 0) 0 01 0) V )() CO !- m 0) 0 (V (0 (0 04 N N 8 1 NN 8 A • 410. 8 8 8 8 8 8 8 R 8 8 m§ 4 4' m 8 N - co Nl 8 ♦ N 8 ON�i 8 O p�p m W (mD A N 8 2 8 • c asi 8 12.889.213.00 0 O w w w w U S w 1 P. 8 A' N M N - - T n 8 8 P. - - N b 8 8 8 R " a 8 0 8 8 8 R 8 8 8 8m CO CO 0 w w gg { :▪ - 8t`aom8;g8!8,.8a8l8w8381$a �& ��I:2Y x s _v oho s o Op a P Ss Inleradrve Design Corp O. a WIklan Financial Services 0 5 O. Wells Fargo Bank 8 8 5 L 2 8 5 8 8 2 e r 2 0, TB a • 2 • e a< 2 6 g 2 OD R co N o — N Nl . N w 1� 8 O 5 5 f 0 E a • N 8 1 8 • n 8 • N N ONi 8 N — D O 3 m 8 8 8 O1i M 8 E m 3 N b O N 8 E M f '8 8 o € and a Q 2 A a 2. E w 8 2 m 8 2 a 5 6 a 8 8 g N RESOLUTION NO. SA -RDA 004 West Coast Areorist 25) PDMA Properties 8 8. 8 8 ti MI CI, ON Ot ' b N CO «NN 8 E 0 N 4.4 W W ▪ « t. LL CO m 221-rd8 qs ' r f` ilrtilya h '3 $ t V :: !< LL! g LL � O � i.'-i r 3i A, 2 o E� 8 be a 4 � � G ii � � � o � R fr0 � o .I. � _e-gacgim;f!g!;“: rgtiillI ao! 2$ 4 c Q c E g$ 8 t E `g €€ B i= i 8 E Y E a a ? g Qi;- E o its 111 it- $ c3 x s 6 A o pEE igg E 3 a i 1 3G 2 ° m i �� $ O < > r r r S i 5 d t E c 1 c g S ` a 4 '� m $ 8 i 0 E r i 4 0. `r' i a < 3 `s t ei 2 x e • > rc E.o a s g 1 O Ts 2 p a` • p ° b g P m S a 8 9s S 8 sa""� i E S N N g N g M e, H x M 2 2 e 2 2 a s 2 T. S E 5 y0 3 I (Ol 0 � K � A s LL ` r pE O C PALM DESERT Name of Redevelopment Age Project Area(s) Last Amended O 4 O z z O w J w x 0 N H z w 2 a z 0 J 0 w H 0 Per AB 26 - Section 34167 and 34169 N ) O N 11 (33 3 n 0 t ) a dL cc c ce >>aa��D 0 U 0 0 0 0 0 a $>'>' E E>' T E E 0. 0. Q F F E QO a 5 n a d a a a a a d f c.cul e gE • 5 £ £ f £ £ 5 £ L b°onk°aiainVfv)1 88888888 N O 0 0) 04 N m On 0) ), t0 rn pp t0 0pO (7 O N N m (h N O 0 CD 4' O N. O) N N W w w w W W w w w w w W 04 04 0�(( A A 4( n n n J J J J J J J J r n • K K Cr Cr(0 K K a' a' a' O O O U (-)0 U U U U U U U °C. o € € € € € € € o € ▪ € E Ft Q U U U k 8 8 n 8 k 8 n Sg $ 8 0 o E W N N N N YI a EEEEEEEEE• EEEE ('o m' to m e; m m' m' m' m m m' m' m a a a a a a a a a a a Cl a a (n " $ m { W 0cry 92 8oa 0 g U i u a c y °, U d 8? >> U K U 0 U )unty of Riverside tttg tr=s » 4.4 Totals - Other Obligations " Include only payments to be made after the adoption of '•' All payment amounts are estimates N e7 O 0) (0 n CO W 0 N C') O 4) (O n CO O) 0 N (') 41 41 N