HomeMy WebLinkAboutSA-RDA 010RESOLUTION NO. SA -RDA 010
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
SUCCESSOR AGENCY TO THE PALM DESERT
REDEVELOPMENT AGENCY APPROVING A RECOGNIZED
OBLIGATION PAYMENT SCHEDULE FOR THE SIX-MONTH
FISCAL PERIOD FROM JANUARY 1, 2013 THROUGH JUNE 30,
2013, PURSUANT TO HEALTH AND SAFETY CODE SECTION
34177 AND TAKING CERTAIN RELATED ACTIONS
RECITALS:
A. Pursuant to Health and Safety Code Section 34177(1), the Successor
Agency to the Palm Desert Redevelopment Agency (the "Successor Agency") must
prepare a proposed Recognized Obligation Payment Schedule ("ROPS") before each
six-month fiscal period (commencing each January 1 and July 1) and submit each
proposed ROPS to the oversight board for the Successor Agency (the "Oversight
Board") for approval.
B. Pursuant to Health and Safety Code Section 34177(I)(2)(B), at the same
time that the Successor Agency submits a ROPS to the Oversight Board for approval,
the Successor Agency must submit a copy of such ROPS to the State Department of
Finance (the "DOF"), the County administrative officer, and the County Auditor -
Controller.
C. Pursuant to Health and Safety Code Section 34177(I)(2)(C) and (m), the
Successor Agency must (1) submit the Oversight Board -approved ROPS for the six-
month fiscal period from January 1, 2013 through June 30, 2013 ("ROPS3"), to the
DOF, the Office of the State Controller, and the County Auditor -Controller no later than
September 1, 2012; and (2) post a copy of the Oversight Board -approved ROPS3 on
the Successor Agency's website.
NOW, THEREFORE, THE BOARD OF DIRECTORS OF THE SUCCESSOR
AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY (THE "BOARD"),
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 the provisions of Health and
Safety Code Section 34177.
Section 3. The Board hereby approves proposed ROPS3, substantially in the
form attached hereto as Exhibit A. The Executive Director of the Successor Agency, in
consultation with the Successor Agency's legal counsel, may modify ROPS3 as the
Executive Director or the Successor Agency's legal counsel deems necessary or
advisable.
G:Uda\Veronica Tapia\Word Files\Staff Reports\Successor Agency\SA Resolution Approving ROPS 3.DOCX
RESOLUTION NO. SA -RDA 010
Section 4. Staff is hereby authorized and directed to submit a copy of ROPS3
to the Oversight Board for approval and, at the same time, transmit a copy of ROPS3 to
the DOF, the County Auditor -Controller and the County administrative officer as
designated by the County.
Section 5. Staff is hereby authorized and directed to submit a copy of
Oversight Board -approved ROPS3 to the DOF, the Office of the State Controller, and
the County Auditor -Controller. If the Oversight Board has not approved ROPS3 by
September 1, 2012, Staff is hereby authorized and directed to transmit ROPS3 to the
DOF, the Office of the State Controller, and the County Auditor -Controller by September
1, 2012, with a written notification regarding the status of the Oversight Board's review.
Written notice and information regarding the action of the Oversight Board shall be
provided to the DOF by electronic means and in a manner of DOF's choosing.
Section 6. Staff is hereby authorized and directed to post a copy of the
Oversight Board -approved ROPS3 on the Successor Agency's Internet website (being a
page on the Internet website of the City of Palm Desert).
Section 7. The officers and the 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 requesting
additional review by the DOF and an opportunity to meet and confer on any disputed
items, and any such actions previously taken by such officers and staff are hereby
ratified and confirmed.
PASSED, APPROVED AND ADOPTED this 23rd day of August, 2012.
AYES: BENSON, rnvrAII, HARNIK, RROONEN, and SPIEGEL
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
ATTEST:
410POPPAlt
i HE LE D. KLASSE 1, SECRETARY
SUCCESSOR AGENCY TO THE
PALM DESERT REDEVELOPMENT AGENCY
a-_,SAe-efl
ROBERT A. SPIEGEt, CH/VIR
2
G.VdaWeronica Tapia\Word F,IessStaff Reports1Successor Agency\SA Resolution Approving ROPS 3.000X
RESOLUTION NO. SA -RDA 010
EXHIBIT A
SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY
RECOGNIZED OBLIGATION PAYMENT SCHEDULE
(January 1, 2013 through June 30, 2013)
[This page has intentionally been left blank.]
PM
use
.M
till
OR
RESOLUTION NO. SA -RDA O10
RESOLUTION NO. OB 007
4
§
&
-J
0
§
Name of Successor Agency:
1,027,199,254
Outstanding Debt or Obligation
Six -Month Total
u
u.— ( O5.k
. .N2■ ; 0�
«'■[ 4 [k»
10.
Prior Period (January 1, 2012 through June 30, 2012) Estimated vs. Actual Payments (as required in HSC section 34186 (a))
Exhibit A - 1 of 13
!
RESOLUTION NO. SA —RDA 010
s"g
i
Z
2
C n 9i E n^ A
g 8 8 8 8
nVE i R R R
Alps
$ 8 2
5 »
arfi1s 8 R
{
1
O
a
8
8
0
ap
A
8 8
3 r
Exhibit A — 2 of 13
§ S 5 3 3 3 1 R A. A 4 4 E.
8 8` 8 8 8 8 8 8
re g 8 s Es 's
F 8 8 G 2. 8 2. 8 8; 8
^ R m ^ R ` 8 F7
11
of
A
a
sE
ill
illrili1
1115411
1 111111 1 1 1 1 1 1 1 1 a 1i i
1 e till P P a 1,e P a P P hE 3i
mix t i iiiiiiiiiiitmi
111I
10111H 3 1 o o 3€ 1 fi=ffi=PP
$ 1111111111
1 g €
o •E sS 1J1 2 1
_ �•
iI1gU� J ei
3 3 3 1 u 1Iill
; I 3 i! it aai l i a
a a a S ' a a nit! S S s 3 aF
i>
0
fi$fi fi fi 5 ! $202»p807S
121
8
2
f
a a
RFAR
x
S 'a'
ijj
3
1.38%-88888
ESE o .
R r 8 8 Si 8 8 8
rd R S 8
8 38 8 ^ ^ .
11
fi
i
L
3
fi 5 5 5
1
8
IN IR
E
RESOLUTION NO. SA —RDA 010
R ? ? 1 El
3 g
i
A
CC
CC
8 8
8 8
3 8
8
?, ? .Ri i
a 58 5
? Fi s
38 8 ,13
Exhibit A — 3 of 13
£ aEi
88
FE
e8
h n r.
2 88 8
R R � 8 0
8 a
1 8$
8 8
8
8 8
8 8 8 8 8 8 8 88
§§i1§ EE
%' R R R a R
5
8 8 88 8 8
? s 'ii § a
Eo i .
8 P., 5
Z R
»
8 r 5 8
? a
a
d
e 1$
b a 8
b 6 11Ri a n n i nIta o
a a "a
s$
� s E 44.4 a`b3 b b b e� ;ail LL LL LL E-Ei
igq,li ig
$ eb9s ! Is !
y igg 55 bfafiYti Will 8�U8�M8�8�8ba q ti
fis�E5bb b d
5
a
4
€o
1
0w
U
5
2 2
5
11111
imf 11o1
>m,tmdm,tmdmd
2 2 2 2 2 2 - q
CR
NNhNhNNNNNNNNNNhhNNN
m m I I; 1
e
5
3
g 2 E E a
AS 6
§§ §
a
11
1113'6
5 5 e
nrtl"U
8 F 328 6 2 2 3 8 8 6 3 5 r' 8 8 8 8. 8
1 gli
I I
5 x
RESOLUTION NO. SA —RDA 010
Exhibit A — 4 of 13
i
." .., -. 28 „:3 8 8 Y 8 8 9 8 ma 8 s Y 8 B s s s 9 8 8 R 8 R S s o
f 1 3 i i i I i i i s 1 1 1 i �. flit! Ili
Ill!
i i i
1 a 1 1 I . S [ r D D D 0 D iiii!ti "-
3 9 ii
a y $ a 3 9
1rliiiiiii
• 9 9
s ii 1,11H
i'
h
S" S S 5-4 e S e S S e yi
it 1i i i i i i i ii h
g Hll
s s z ti yC yC s 9 • i
IF
HAWA Z 9 r .' W m m G ! • GA D 9 $ O A G A< (1 m
irtitiii F 1 ill 4;111!Illil 1 ;
tl
Al
4
WHI��n�n�n�1� v ao9 i � T� Riplignili
1 I
C_o� UU!U11 1��IijIijIgjjj g
9I919 9.9 M a tat t t 3 g a° papal 9 9 9 9 9d4!
�� g � 3 3 II3 110
�i SI ;i �' ;' �13� °�'a sa g gg gg gg a ��ii ss gg Q g$ $ g e C
q A l in;w;w; S 9 �� �a s �s a s S iFqR. �i$
�Y gal -iuip-,-�-1 �111
a2 g 1 = 1
i
NN N N N N N N N N N N N N NN N N N N N N
.
s `` �o 's s "s x -,,In� . 1R a
8 "v 8 " •a 8 s 8." s arras 8 8 8 8 a 8 88 8 ,, a • Y
a
" s 3 f 8 :,3a S � g
30
" t a b i Y" a8 e" a 8 8 " 8 8 8 �m 8 -"
x
r
8 # • y 3E f A • D'
A
3
' Y g _ ' 3 RS 1 'n a ! § ' §i
PIN
awl
RESOLUTION NO. SA —RDA 010
3
A
n
s
i
A
8
8
Exhibit A — 5 of 13
a & a a E g i
8
S_
• s 8 8 0
gaa
Et
88 8 8 8
5e E E m
E
• 8 2 4 ^
a
8 i^ 8 8 8
E- a 8
A s s g
8 R 8
8 8 R 8
8 8 3
EERF3E
s
a`
el el ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^^ ^ ^ ^ ^ ^ ^ ^
Ilt€Q6-1 3 �! p a a g�
•
• E r s 1 6 5 6 s s s 6+siR I=o6
:E 2 E AA
0111111
flUJ g 3 5 5 3 $ E 8! gg £ i F e
P 3 ��a v 1717171...4777a.
gliPzliail
s G fi11114 s.s1s 1 k k k o o k 'use I I IIHHHHI
tI! sa 1 1 1 111 11 1
a!8it g T. , u .0 dud u u ug5ea u
iA
8
g
75
a
3
m I 11 1A
'75 8 11
i
3 3 < ;ili .
22 $ 3§ Y a§ 1 C+ i 2 ,�
fi ,a 5 5. a "a a
> >
I
1• 5>RIm
z-1 i z
R R
1
F
R
i —I-1'z
3 3
! 5 �
I y8y agg s
• 2 X R R 4
8
11 fl 11
a a
>
I
G 5
5 1 1 f1
RESOLUTION NO. SA —RDA 010
Exhibit A — 6 of 13
a 11 LI a J 8 2
a
ij
€ 1
s
v
if
E
88 Y S S T 8 22 4 8 5 t 42 u 3
fia'1 3 I a a
iiiiiff(J}I![if
s
§ o s a 3
= Ti
I, •§§ Idizzi5 ':.1 ii
yi
at
Mi I I ! fi ! ! =
s �
Ct i i w g ig . gi3 3
9 9 0 0 0 O
1 _1 _gg 1_ . i A 9' s i;g g� i� i gg i i i
H�w3�$w3w at liba s s•€ �i " 4
l 1 ill ill g$
tea ° 'P a s4 all a a a a
S 'R'S 21 9 '1 ,1 ti 9 4 4 8
E E'' .EE E8 o u E 88 Y & g Y $ R
8 8 8 8 8 8 8 88 88 8 8 8 S$ 4 SC G 8 S 1C
8 E tr,2t" E -K2
E $"s a �s o g g JEF
y g 8 88 8 8 8 08 ... Y 8 8. 8 u e
at
f g N N 9
i
s
8'
A
RESOLUTION NO. SA -RDA 010 Exhibit A - 7 of 13
O
M
6
z
i h
ES X
m 55
0 1
m,5
msr0p
N
03
Pc
0 1
7
0
0
U
Original Source of Funds -Tax Increment (Cash on Hand`.
n
RESOLUTION NO. SA —RDA 010 Exhibit A — 8 of 13
F
N
i 1 i 0 0 r.
I i 1 1 1 i I lillif:i i i iiiMAWIEPTalglii
ii
3 3 i 1 1 I igZg§Z,§g= 4 4 4 9 ix $
5 P 3 9 I ! 6 6 i i i i
, § i s
o� yy Q wio �� �pv i' R� F Y i QF f�9 �;oF F ;tilt;
F F F F
i i i s 3 i 4 5 f y f g f ; 1( C d S S; ;; t i l t;
`3 �Fs s 8 8 s 8 8 8 v
� q� R Uk 9l v R Q� va v v R vl v� O� O� 4� �Oj1 4 N 4D fA
g$li;li59l3 is liiiiiiiii�lli1s3i1 ;� ;;
qg 13➢ i i 1! i 0 pi A.i.i g g. .Q p 4 g p
slg�:1$$ . 0:IF .119:§s#sgs9s4:$s 1 II 3il ;i IIj
lt
ij
R 111
R R : 4 ; � R' i R'1CF !S Rtt'tPi'i
g
2
8 W
8 8
8
N » N
2
a
n A 9
gai
m3
qg
Sgix
100
h
0s
gni
o;2g1-
3 D i
e
« m
3i L t
8 $ g
« 8 y v an d g'4 9 E 5 8
gii
wa
2 3�
9 « S o 3 �{
s
a
g s a sY
g Y r g 8! !n
8 g S §
off. E« 8 8 8 1
3
:
3
NIP
gni
r/
RESOLUTION NO. SA —RDA 010 Exhibit A — 9 of 13
E
§ i 33F. 3 i
3g: r
m A
E^
1
NEVININNNININEY
� a
A
A
G9 9` r,9 G5 Ej 8 <H <m <H <. <h sz ch
c co5�t1}L1I
p3tiA� L 'Ly➢��y��a$ �i �� �i �i !ii
g
:1 ii! ail
1111111
a it phi t Sat yy Cyy91 ! WI
S d E tl
Ili ! r
ill" 'Ili
E £
x: uyyy a a
xx > 11 dEggS dx u £ E1< d 3 LL LL En�' Pt gl
It! m a
M
a Pi?
it I / In! 1
!HI
SS SS g$ Eb a Bs 1 5�Sst sy&6sF: �Z I
X 'A R 213 r m o a
141.4
RESOLUTION N0. SA —RDA 010
M u g ti Y. 8 8
8•88•88 88 8Tbi
88R8
110111P1111111 E
S 4 * C ' S R S R PVT
C R
i
Exhibit A — 10 of 13
1
= s
_
s
2
8 x N. r a_ o e• v .
s e
i
1
1
i
1
8
8
3gs�yjii$•�•�s9ye9�gq�oq�s�s�i�s�s�esae�sa;e1���Qg
gyy £s s �s s g g g g g gas �s�s s s s s`-s s s'^s
• J & 'LL b 5 b tl M b 9yY; M b G b
1 CAI s � 1 a
! � }o�
I. S o 56. 0 0 6 6 0 8 0 ::
P
s
ti ti ti v NNNN ti ti ti v ti N v u H N KINNN N N ti N ti ti ti ti ti a
9
8 Y
2
g �
2
i
m
L
3
a
3
3
a
k
ono
sod
use
a
RESOLUTION NO. SA —RDA 010 Exhibit A — 11 of 13
EE
a
A F.
21-7
5 A .E
On = fie= y i ii I a a � Y2y P fi
i; 'u t ' ! GS c6 ! 'a■y}ya, j` ' 'E 'E E ak $EP •
1%1
saIIa�8i� $tintlna 5 s fi fi fi 5 fi u�Eo a i fid If
IE Ni lli!tlli
'sfifipxy1$1jsj}3B .;. 2E_ t $EE gp $$ €: • s : qL @Era$ t li 9E I n1c� 7 Z 4JF. IJ l n6fi l tii 5g 6l nd6 ;h A g 6 g 1 n
a
&kt gg
fi
€ 5 o m IS
rcm t>RI d d Rd 3 ;u u x u 1 � U,
t �a�p
s . yF 1
a
g s
i $ '.f $ 1 1 € $ 2
s u fi e fi
a 5
Z 0 3 ft <' i 3 R Jg se -E ti ! 4 g B
°o
h d 6b �0 5 J g A h r Y- d d
.. 3. ... 2 2 n n- n M VOWNOM
5 r NNNN n n H r n n r
RESOLUTION NO. SA —RDA 010 Exhibit A — 12 of 13
., u u N ., . H ti 1
gild li 1 tMHO ! i!f 1 `
s 8 I 1 9 s"ai i€ $a 3
g
! >ci n F x 3 F F F yp F� Y� < n v s F F
9 3i } f m RB g1 gg g y i3S' 3� 1
i i P li 1 i t
iiiiiiiilPiiiPuiilllll y �-g4 aag-as1s3sas:s3sas3ss�s:a
a!p ey a ey illI
11111111111111111
���i� � ��_ygy9 � a pap papS�i n.g K� 'n.Q'a�.S'n5�.6 A 4$��� 3ai"Ya � � 3 II � � ii � 3i 3 tUJII
ai:§;i;s#'''' ill g d1 ll it imiliiii
1
R R' alti 9�` '^ w; m Q s�gffR R R R R R R s R 2
s .44.
.Q s a i 1
r
e. 8
8
v
a
3
T
RESOLUTION NO. SA —RDA 010
Exhibit A — 13 of 13
a
rc
E
A 3
T.
2
E
1
E
6
°
n
s >
@II@ II tat! II II II ; sRE� s II6 II� c c� �rc
11 6 1 1S)1a�11 11 11111 $ 2 1 sa ga g
6sfYY'ais6qs 5t�� `a s Y a a s
!II 1
gfsfsfff if .is3 fi 'z € 111 ` ill
§€l6@ 6 g,Y. � Yo
g
g a m 2 5� I
Pill
lig so aes gK ! i E a/ !jrw I I) 11 1s
€ 5 's
R i t. a
I
i 3
g E m II a s s § a a
1.41/jj 1 ; a
5 r r R n p ti r r A'N r A R ., ., A 3
n r N N NNNNN H H