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Home My WebLink AboutROPS2 Line AmendmentsName of Redevelopment Agency:PALM DESERT REDEVELOPMENT AGENCY Fiscal Year:2012/2013 Resolution # SA-RDA-008 "Exhibit A"Last Amended:6/27/2012 061912-10:41a RECOGNIZED OBLIGATION PAYMENT SCHEDULE AMENDED LINES -- JULY 2012 THROUGH DECEMBER 2012 Source Project Name / Debt Obligation Description of Pmt2 July, 2012 Aug, 2012 Sept, 2012 Oct, 2012 Nov, 2012 Dec, 2012 PROJECT AREA #1 1 1)2002 Tax Allocation Refunding Bond Issue - $22,070,000 Semi-Annual Debt Service Payment C-Sept E 38,086,500.00 1 1,114,665.00 557,332.50 557,332.50 1,114,665.00$ 1 2)2003 Tax Allocation Bond Issue - $19,000,000 Semi-Annual Debt Service Payment C-Sept E 34,292,500.00 1 950,000.00 475,000.00 475,000.00 950,000.00$ 1 3)2004 Tax Allocation Bond Issue - $24,945,000 Semi-Annual Debt Service Payment C-Sept E 23,791,562.50 1 1,983,962.50 414,481.25 1,569,481.25 1,983,962.50$ 1 4)2006 Tax Allocation Bond Issue - $62,320,000 Semi-Annual Debt Service Payment C-Sept E 69,478,565.00 1 5,168,269.00 1,286,634.50 3,881,634.50 5,168,269.00$ 1 5)2007 Tax Allocation Bond Issue - $32,600,000 Semi-Annual Debt Service Payment C-Sept E 23,424,000.00 1 3,895,000.00 470,000.00 3,425,000.00 3,895,000.00$ 1 7)2002 Housing Tax Allocation Bond Issue - $12,000,000 Semi-Annual Debt Service Payment C-Sept E 15,298,940.63 1 763,348.75 537,224.38 226,124.38 763,348.76$ 1 8)2007 Housing Tax Allocation Bond Issue - $87,056,348 Semi-Annual Debt Service Payment C-Sept E 94,864,818.75 1 8,318,037.50 6,711,568.75 1,606,468.75 8,318,037.50$ 1 10)L/M Housing Fund Loan 2009/10 SERAF Loan Repayment C 7,828,598.38 3 2,609,532.79 1,304,766.40 1,304,766.40$ 1 25)Pass-thru Trust Account Obligations Balances in trust per negotiated pass-thru agreements C 8,667,301.11 4 8,667,301.11 8,667,301.11 8,667,301.11$ 1 33)Replacement Reserve Fund 1,100 Affordable Housing Apt Comp's C,E 7,452,028.00 3,7 1,916,402.00 1,916,402.00 1,916,402.00$ PROJECT AREA #2 2 1)2002 Tax Allocation Refunding Bond Issue - $17,310,000 Semi-Annual Debt Service Payment C-July E 14,413,211.25 1 1,304,762.50 1,059,818.75 244,943.75 1,304,762.50$ 2 2)2003 Tax Allocation Bond Issue - $15,745,000 Semi-Annual Debt Service Payment C-July E 29,052,359.38 1 769,006.25 384,503.13 384,503.13 769,006.26$ 2 3)2006 Tax Allocation Bond Issue - $67,618,273 Semi-Annual Debt Service Payment C-July E 108,189,596.25 1 3,907,987.50 2,945,493.75 962,493.75 3,907,987.50$ 2 8)L/M Housing Loan 2009/10 SERAF Loan Repayment C 2,816,704.00 3,4 938,901.33 469,450.66 469,450.66$ 2 45)Pass-thru Trust Account Obligations Balances in trust per negotiated pass-thru agreements C 250,168.83 4 250,168.83 250,168.83 250,168.83$ PROJECT AREA #3 3 1)2003 Tax Allocation Bond Issue - $4,745,000 Semi-Annual Debt Service Payment C-Sept E 6,206,566.25 1 297,265.00 91,132.50 206,132.50 297,265.00$ 3 2)2006 Tax Allocation Bond Issue - $15,029,526 Semi-Annual Debt Service Payment C-Sept E 31,787,062.50 1 793,875.00 274,437.50 519,437.50 793,875.00$ 3 3)L/M Housing Loan 2009/10 SERAF Loan Repayment C 727,724.75 3 242,578.25 121,289.12 121,289.12$ 3 25)Pass-thru Trust Account Obligations Balances in trust per negotiated pass-thru agreements C 532,294.71 4 532,294.71 532,294.71 532,294.71$ PROJECT AREA #4 4 1)1998 $11,020,000 Tax Allocation Bond Issue Semi-Annual Debt Service Payment C-Sept E 12,333,577.50 1 554,240.00 348,765.00 205,475.00 554,240.00$ 4 2)2001 $15,695,000 Tax Allocation Bond Issue Semi-Annual Debt Service Payment C-Sept E 21,302,931.25 1 959,805.00 655,983.75 303,821.25 959,805.00$ 4 3)2006 $19,273,089 Tax Allocation Bond Issue Semi-Annual Debt Service Payment C-Sept E 37,563,280.00 1 1,307,876.25 1,005,410.00 302,466.25 1,307,876.25$ 4 4)L/M Housing Fund Loan 2009/10 SERAF Loan Repayment C 1,992,928.99 3 664,309.66 332,154.83 332,154.83$ 4 27)Pass-thru Trust Account Obligations Balances in trust per negotiated pass-thru agreements C 2,990,664.20 4 2,990,664.20 2,990,664.20 2,990,664.20$ Footnotes: Funding Sources by Letter: -(A) Low/Mod Income Housing Fund, (B) Bond Proceeds, (C) Cash on Hand, January Tax Increment Dist and Reserve Balances, (D) Administrative Allowance, (E) Redevelopment Property Tax Trust Fund, (F) Other Revenue Source Total July - December, 2012 Comments: 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. 4 Amount due shown in first month of the EOPS Project Area ROPS Line #Total Outstanding Debt or Obligation Total Due During Fiscal Year Payments by month