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Home My WebLink AboutDOF Approved ROPS 3Name of Successor Agency:Successor Agency to the Palm Desert Redevelopment Agency County:Riverside Oversight Board Approval Date: OB-007 Item #Project Name / Debt Obligation Contract/Agreement Execution Date Contract/Agreement Termination Date Payee Description/Project Scope LMIHF Bond Proceeds Reserve Balance Admin Allowance RPTTF Other Six-Month Total 1,027,199,254$ 68,833,087$ -$ 3,464,946$ 2,675,800$ 617,691$ 17,875,111$ -$ 24,633,548$ 1 2002 Tax Allocation Refunding Bond Issue - $22,070,000 2/28/2002 4/1/2030 Wells Fargo Bank Semi-Annual Debt Service Payment 1 37,529,167.50 1,114,665.00 557,333 557,333 2 2003 Tax Allocation Bond Issue - $19,000,000 7/15/2003 4/1/2030 Wells Fargo Bank Semi-Annual Debt Service Payment 1 33,817,500.00 950,000.00 475,000 475,000 3 2004 Tax Allocation Bond Issue - $24,945,000 6/9/2004 4/1/2025 Wells Fargo Bank Semi-Annual Debt Service Payment 1 23,377,081.25 1,983,962.50 388,494 388,494 4 2006 Tax Allocation Bond Issue - $62,320,000 6/22/2006 4/1/2030 Wells Fargo Bank Semi-Annual Debt Service Payment 1 68,191,930.50 5,168,269.00 1,211,120 1,211,120 5 2007 Tax Allocation Bond Issue - $32,600,000 12/13/2006 4/1/2018 Wells Fargo Bank Semi-Annual Debt Service Payment 1 22,954,000.00 3,895,000.00 397,250 397,250 6 1998 Housing Tax Allocation Bond Issue - $48,760,000 1/23/1998 10/1/2011 Wells Fargo Bank Semi-Annual Debt Service Payment 1 - - -$ - 7 2002 Housing Tax Allocation Bond Issue - $12,000,000 8/21/2002 10/1/2031 Wells Fargo Bank Semi-Annual Debt Service Payment 1 14,761,716.25 763,348.75 546,124 546,124 8 2007 Housing Tax Allocation Bond Issue - $87,056,348 1/25/2007 10/1/2027 Wells Fargo Bank Semi-Annual Debt Service Payment 1 88,153,250.00 8,318,038.00 6,841,469 6,841,469 9 Indian Springs Stipulated Agreement 2/27/2009 2/27/2039 Indian Springs Mobilehome Park Judgement related to ISMHP 1 6,000,000.00 139,668.00 69,834 69,834 10 L/M Housing Fund Loan 6/30/2010 6/30/2015 Palm Desert Housing Authority 2009/10 SERAF Loan Repayment 1 7,828,598.38 2,609,532.79 - 11 Fire Station Renovation 2/24/2011 1/19/2012 Penta Building Group Payments per existing contract for renovations at Fire Stn #33.1 - - - - 12 Alessandro Alleyway 3/29/2011 9/1/2011 Wood Rodgers Inc. Payments per existing contract for public parking improvements along commercial corridor. 1 - - - - 13 Alessandro Alleyway 12/29/2010 10/13/2011 The Altum Group Payments per existing contract for public parking improvements along commercial corridor. 1 - - - - 14 Alessandro Alleyway 2/28/2011 Upon project completion.Prest Vuksic Architects Payments per existing contract for public parking improvements along commercial corridor. 1 3,513.53 3,513.53 3,514 3,514 15 Trustee Services 5/13/2011 Varies, per bond issuance.Wells Fargo Bank Payments per existing contract for professional services.1 67,701.86 16,426.00 8,213 8,213 16 Disclosure Services Varies, per bond issuance Varies, per bond issuance.Willdan Payments per existing contract for professional services.1 56,054.00 13,600.00 6,800 6,800 17 Legal Services 9/1/2009 8/31/2014 Richards, Watson & Gershon Payments per existing contract for professional services.1 375,853.00 91,190.88 45,595 45,595 18 Legal Services 9/1/2009 8/31/2014 Best-Best & Krieger Payments per existing contract for professional services.1 31,542.92 7,653.06 3,827 3,827 19 Professional Association n/a n/a California Redevelopment Association Payments per existing contract for professional services.1 61,547.15 14,932.80 14,933 14,933 20 Auditing Services 6/30/2008 6/30/2014 Diehl, Evans & Co.Payments per existing contract for professional services.1 51,699.60 12,543.55 6,272 6,272 21 Reporting Services Annual Contract Annual Contract Redevelopment Reporting Solutions Payments per existing contract for professional services.1 20,515.71 4,978.00 2,489 2,489 22 Banking Services 3/11/2010 3/11/2015 Union Bank of California Payments per existing contract for professional services.1 4,821.19 1,169.74 585 585 23 Liability Insurance 8/24/1995 n/a California JPIA Payments per existing contract for professional services.1 56,418.23 13,688.40 6,844 6,844 24 Facilities Lease 9/10/2010 9/10/2020 El Paseo LLC Payments on existing contract providing a central location for information distribution and marketing.1 227,056.60 67,992.00 31,998 31,998 25 Pass-thru Trust Account Obligations Various 11/25/2032 Palm Desert Taxing Entities Balances in trust per negotiated pass-thru agreements 1 8,667,301.11 8,667,301.00 2,675,800 2,675,800 26 Energy Independence Program 4/22/2010 4/25/2012 Lawyer's Title Ins Corp Payments for existing contract related to title insurance services for EIP loan program.1 - 7,200.00 - - 27 Carrying Costs - Agency Property On-Going Upon disposition of property.Guzman Gardening Payments for existing contract services related to Agency owned property.1 3,888.00 3,888.00 1,944 1,944 28 Carrying Costs - Agency Property 2/10/2011 Upon disposition of property.Overland Pacific & Cutler Payments for existing contract services related to Agency owned property.1 11,223.75 30,000.00 11,224 11,224 29 El Paseo Revitlization 7/10/2008 Upon project completion.Forma Design, Inc Payments for existing contract for public improvements in the central business district and commercial corridor.1 168,558.28 171,123.65 168,558 168,558 30 Project Area Administration n/a 11/25/2032 Various Allowable Costs per Admin Plan-staff, utililities, professional services, etc.1 5,286,527.13 722,953.00 166,802 166,802 31 Vested Employee Benefit Obligation n/a 11/25/2032 RDA Assigned Employees Obligation based on accrued leaves and current MOU.1 2,158,049.51 107,902.47 53,951 53,951 32 Stipulated Judgement Case No. 51124 11/20/1991 11/25/2032 Various Duties required under said court order. Desert Rose, Etc. PDHA subsidy for 1,100 Afford Units 1 161,138,230.00 4,429,529.72 - 33 Replacement Reserve Fund 2/10/2011 n/a Palm Desert Housing Authority 1,100 Affordable Housing Apt Comp's 1 7,452,028.00 1,916,402.00 - 34 FW Drive Widening Improvements 5/27/2010 Upon project completion.Kimley Horne & Associates Payments on existing contracts for street improvements along Fred Waring Drive.1 32,791.50 32,791.50 18,515 18,515 35 FW Drive Widening Improvements 9/10/2009 Upon project completion.VA Consulting Payments on existing contracts for street improvements along Fred Waring Drive.1 6,895.00 6,895.00 4,573 4,573 36 FW Drive Widening Improvements 11/3/2009 Upon project completion.Ecorp Consulting Payments on existing contracts for street improvements along Fred Waring Drive.1 4,568.00 4,568.00 4,568 4,568 37 FW Drive Widening Improvements 4/28/2011 Upon project completion.NAI Consulting Payments on existing contracts for street improvements along Fred Waring Drive.1 15,235.00 15,235.00 12,915 12,915 August 20, 2012 RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS III) January 1, 2013 through June 30, 2013 Grand Total Project Area Total Outstanding Debt or Obligation Funding Source Total Due During Fiscal Year 2012-13 1 of 6 Name of Successor Agency:Successor Agency to the Palm Desert Redevelopment Agency County:Riverside Oversight Board Approval Date: OB-007 Item #Project Name / Debt Obligation Contract/Agreement Execution Date Contract/Agreement Termination Date Payee Description/Project Scope LMIHF Bond Proceeds Reserve Balance Admin Allowance RPTTF Other Six-Month Total 1,027,199,254$ 68,833,087$ -$ 3,464,946$ 2,675,800$ 617,691$ 17,875,111$ -$ 24,633,548$ August 20, 2012 RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS III) January 1, 2013 through June 30, 2013 Grand Total Project Area Total Outstanding Debt or Obligation Funding Source Total Due During Fiscal Year 2012-13 38 Portola Wall & Sidewalk Imps 5/22/2008 Upon project completion.David Evans & Associates Payments on existing contract for public improvements relative to the Portola Avenue Wall and Sidewalk Relocation project.1 25,495.00 25,495.00 18,360 18,360 39 PDHA Property Management 9/23/2010 12/31/2012 RPM Company Payment on existing contract for Housing Authority property management.1 1,033,410.00 295,260.00 147,630 147,630 40 PDHA Properties 2/24/2011 6/30/2012 Andy's Landscape and Tree Payment on existing contract for Housing Authority property maintenance.1 - - - - 41 PDHA Properties 3/10/2011 6/30/2012 West Coast Arborist Payment on existing contract for Housing Authority property maintenance.1 - - - - 42 PDHA Property Maintenance n/a n/a Utilities, Maint Services, HOA Dues, Etc. Payment on existing contract for Housing Authority property maintenance -SR 1 356,288.00 89,072.00 44,536 44,536 43 Agency Owned Properties n/a n/a Utilities, Maint Services, HOA Dues, Etc. Agency owned properties monthly carrying costs prior to disposition.1 200,000.00 50,000.00 25,000 25,000 44 Additional Disclosures on TAB's Varies, per bond issuance Varies, per bond issuance.Willdan Additional disclosures that will be required to report changes in the allocation of tax increment and the payment on tax allocation bonds due to AB 26. These disclosures would not have been necessary without this legislative change.1 5,600.00 1,400.00 700 700 45 Bond Project Overhead Costs n/a n/a Various Costs associated with administration of bond funded projects.1 1,014,424.90 253,606.23 553 553 46 Alessandro Alley Frontage Rd Imps n/a n/a TBD from Unspent Bond Proceeds Approved project as listed in Exhibit A, 2006-1 Tax Certificate dd 7/6/06 - IRS Form 8038-G 1 5,000,000.00 - - 47 Core Commercial Parking Improvements n/a n/a TBD from Unspent Bond Proceeds Approved project as listed in Exhibit A, 2006-1 Tax Certificate dd 7/6/06 - IRS Form 8038-G 1 1,000,000.00 - - 48 President's Plaza Parking Lot Imps n/a n/a TBD from Unspent Bond Proceeds Approved project as listed in Exhibit A, 2006-1 Tax Certificate dd 7/6/06 - IRS Form 8038-G 1 1,200,000.00 - - 49 Undergrounding Utilities n/a n/a TBD from Unspent Bond Proceeds Approved project as listed in Exhibit A, 2006-1 Tax Certificate dd 7/6/06 - IRS Form 8038-G 1 10,000,000.00 - - 50 Portola Avenue Widening n/a n/a TBD from Unspent Bond Proceeds Approved project as listed in Exhibit A, 2006-1 Tax Certificate dd 7/6/06 - IRS Form 8038-G 1 3,000,000.00 - - 51 NSP Rehabilitation 1/27/2011 Upon project completion.Mostar Heavy Equipment Corp Payments on existing contract for Rehab/Resale of Single Family Dwelling 1 16,115.00 16,115.00 8,015 8,015 52 Santa Rosa Apartments 12/9/1999 1/1/2015 Utilities, Maint Services, Etc.Per contract dated 1/1/00 1 150,000.00 60,000.00 30,000 30,000 53 Civic Center Park Community Recreation Center Lease 5/23/1990 1/1/2015 Coachella Valley Recreation & Park District (Lessee) Annual payment per existing contract of $23,670 for each year through 2015 if lease use is terminated 1 94,680.00 - - - 54 Alessandro Alleyway 5/7/2012 7/18/2012 The Land Stewards Agency owned properties carrying costs prior to disposition.1 1,941.11 1,941.11 1,941 1,941 55 2002 Tax Allocation Refunding Bond Issue - $17,310,000 6/19/2002 8/1/2022 Wells Fargo Bank Semi-Annual Debt Service Payment 2 13,353,392.50 1,304,762.50 1,079,944 1,079,944 56 2003 Tax Allocation Bond Issue - $15,745,000 3/12/2003 8/1/2033 Wells Fargo Bank Semi-Annual Debt Service Payment 2 28,667,856.25 769,006.25 384,503 384,503 57 2006 Tax Allocation Bond Issue - $67,618,273 6/27/2006 8/1/2036 Wells Fargo Bank Semi-Annual Debt Service Payment 2 105,244,102.50 3,907,987.50 3,087,494 3,087,494 58 County CIP Reimbursement for 88/89 and 90/91 6/30/2002 6/30/2012 County of Riverside Reimbursement of Original Pass-Thru's 2 - - - - 59 North Sphere Hotel land 3/23/1995 7/15/2038 City of Palm Desert Balance due Property Acquisition 2 5,500,000.00 137,500.00 - 60 North Sphere Property Acquisition 3/13/1997 7/15/2038 City of Palm Desert Loan for Property Acquisition 2 2,055,000.00 51,376.00 - 61 City Loan for formation of Project Area No. 2- 1986 12/5/1986 7/15/2038 City of Palm Desert Formation of PA/Prop Acquisition 2 6,000,000.00 150,000.00 - 62 L/M Housing Loan 6/30/2010 6/30/2015 Palm Desert Housing Authority 2009/10 SERAF Loan Repayment 2 2,816,704.00 938,901.33 - 63 Fire Station Renovation 2/24/2011 1/19/2012 Penta Building Group Payment on existing contract related to renovation at Fire Station #71.2 - - - 64 North Sphere Fire Station 1/29/2008 Upon project completion.Rudy Acosta Payments on existing contracts related to a newly constructed fire station to serve the North area.2 8,750.00 8,750.00 8,750 8,750 65 North Sphere Fire Station 9/9/2008 Upon project completion.MSA Consulting Payments on existing contracts related to a newly constructed fire station to serve the North area.2 - - - - 66 Cal State University Infrastructure 2/24/2011 1/20/2012 Cooley Construction Payments on existing contracts related to the street improvements at the Palm Desert Cal State Campus.2 - - - - 67 Cal State University Infrastructure 4/14/2011 11/4/2011 Leighton Consulting Payments on existing contracts related to the street improvements at the Palm Desert Cal State Campus.2 - - - - 68 Aquatic Facility 12/10/2009 Upon project completion.Gould Evans Associates, LLC Payments on existing contracts related to the Aquatic/Community Facility.2 168,254.00 168,254.00 110,234 110,234 69 Aquatic Facility 10/7/2010 Upon project completion.Planit Reprographics Payments on existing contracts related to the Aquatic/Community Facility.2 312.79 312.79 313 313 70 Aquatic Facility 9/9/2010 Upon project completion.ASR Contructors Payments on existing contracts related to the Aquatic/Community Facility.2 1,846,816.99 1,846,816.99 1,512,274 1,512,274 71 Aquatic Facility 10/28/2010 Upon project completion.Converese Consultants Payments on existing contracts related to the Aquatic/Community Facility.2 5,381.00 5,381.00 1 1 72 Aquatic Facility 9/9/2010 Upon project completion.ASR Contructors Payments on existing contracts related to the Aquatic/Community Facility.2 - - - - 73 Aquatic Facility 5/13/2011 6/20/2012 David Moore & Co. Payments on existing contracts related to the Aquatic/Community Facility.2 - - - - 2 of 6 Name of Successor Agency:Successor Agency to the Palm Desert Redevelopment Agency County:Riverside Oversight Board Approval Date: OB-007 Item #Project Name / Debt Obligation Contract/Agreement Execution Date Contract/Agreement Termination Date Payee Description/Project Scope LMIHF Bond Proceeds Reserve Balance Admin Allowance RPTTF Other Six-Month Total 1,027,199,254$ 68,833,087$ -$ 3,464,946$ 2,675,800$ 617,691$ 17,875,111$ -$ 24,633,548$ August 20, 2012 RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS III) January 1, 2013 through June 30, 2013 Grand Total Project Area Total Outstanding Debt or Obligation Funding Source Total Due During Fiscal Year 2012-13 74 Aquatic Facility 6/8/2011 7/15/2011 Desert Alarm, Inc. Payments on existing contracts related to the Aquatic/Community Facility.2 - - - - 75 Trustee Services 5/13/2011 Varies, per bond issuance.Wells Fargo Bank Payments per existing contract for professional services.2 21,089.47 5,116.32 2,558 2,558 76 Disclosure Services Varies, per bond issuance Varies, per bond issuance.Willdan Payments per existing contract for professional services.2 17,459.46 4,236.08 2,118 2,118 77 Legal Services 9/1/2009 8/31/2014 Richards, Watson & Gershon Payments per existing contract for professional services.2 117,068.98 28,403.72 14,202 14,202 78 Legal Services 9/1/2009 8/31/2014 Best-Best & Krieger Payments per existing contract for professional services.2 9,824.84 2,383.74 1,192 1,192 79 Professional Association n/a n/a California Redevelopment Association Payments per existing contract for professional services.2 19,170.00 4,651.20 4,651 4,651 80 Auditing Services 6/30/2008 6/30/2014 Diehl, Evans & Co.Payments per existing contract for professional services.2 16,103.15 3,907.01 1,954 1,954 81 Aquatic Facility 7/8/2011 Upon project completion.MG Lighting & Electric Payments on existing contracts related to the Aquatic/Community Facility.2 - - - - 82 Well Sites 11/14/1996 Upon project completion.CVWD Payments on existing contracts related to the North area required future well sites.2 667,246.00 667,246.00 667,246 667,246 83 Public Safety Academy Reimb 3/27/2008 Upon project completion.College of the Desert Payments on existing contract related to the reimbursement of College of the Desert for the construction of the Public Safety Academy.2 - - - - 84 Project Area Administration n/a 7/15/2038 Various Allowable Costs per Admin Plan-staff, utililities, professional services, etc.2 1,646,623.20 314,257.76 110,561 110,561 85 Vested Employee Benefit Obligation n/a 7/15/2038 RDA Assigned Employees Obligation based on accrued leaves and current MOU.2 672,179.36 33,608.97 16,805 16,805 86 Stipulated Judgement Case No. 51124 11/20/1991 7/15/2038 Various Duties required under said court order. Vineyards, Emerald Brook (Palm Desert 103) PDHA subsidy for 1,100 Afford Units 2 51,747,973.00 1,379,689.59 - 87 PDHA Property Management 9/23/2010 12/31/2012 RPM Company Payments on existing contract for the Housing Authority property management.2 220,500.00 63,000.00 31,500 31,500 88 PDHA Properties 2/24/2011 6/30/2012 Andy's Landscape and Tree Payments on existing contract for Housing Authority property maintenance.2 - - - - 89 PDHA Properties 3/10/2011 6/30/2012 West Coast Arborist Payments on existing contract for Housing Authority property maintenance.2 - - - - 90 Replacement Reserve Fund 2/10/2011 n/a Palm Desert Housing Authority 1,100 Affordable Housing Apt Comp's 2 1,562,967.00 357,281.00 - 91 Monterey @ I-10 Imps 3/20/2012 Upon project completion.NAI Consulting Payments on existing contracts for the street improvements related to arterial access inbound and outbound from Interstate 10 on Monterey.2 500.00 500.00 500 500 92 Monterey @ I-10 Imps 3/4/2004 Upon project completion.Robert Bein Frost & Assoc Payments on existing contracts for the street improvements related to arterial access inbound and outbound from Interstate 10 on Monterey.2 - - - - 93 Monterey @ I-10 Imps 4/17/2012 Upon project completion.Overland Pacific & Cutler Payments on existing contracts for the street improvements related to arterial access inbound and outbound from Interstate 10 on Monterey.2 2,484.00 2,484.00 2,484 2,484 94 Monterey @ I-10 Imps 2/13/2009 Upon project completion.LSA Associates Payments on existing contracts for the street improvements related to arterial access inbound and outbound from Interstate 10 on Monterey.2 8,930.00 8,930.00 8,930 8,930 95 Monterey @ I-10 Imps 10/14/2004 Upon project completion.Robert Bein Frost & Assoc Payments on existing contracts for the street improvements related to arterial access inbound and outbound from Interstate 10 on Monterey.2 137,123.00 137,123.00 61,386 61,386 96 Portola @ I-10 Imps 12/8/2005 Upon project completion.Dokken Engineering Payments on existing contract related to the alignment of Portola Avenue to connect with the proposed new interchange on I-10.2 18,636.93 18,636.93 13,747 13,747 97 Reporting Services Annual Contract Annual Contract Redevelopment Reporting Solutions Payments per existing contract for professional services.2 6,390.14 1,550.40 775 775 98 Liability Insurance 8/24/1995 n/a California JPIA Payments per existing contract for professional services.2 17,572.81 4,263.60 2,132 2,132 99 Pass-thru Trust Account Obligations Various 7/15/2038 Palm Desert Taxing Entities Balances in trust per negotiated pass-thru agreements 2 250,168.83 250,168.83 - - 100 Additional Disclosures on TAB's Varies, per bond issuance Varies, per bond issuance.Willdan Additional disclosures that will be required to report changes in the allocation of tax increment and the payment on tax allocation bonds due to AB 26. These disclosures would not have been necessary without this legislative change.2 2,400.00 600.00 300 300 101 Banking Services 3/11/2010 3/11/2015 Union Bank of California Payments per existing contract for professional services.2 1,501.65 364.34 182 182 102 Bond Project Overhead Costs n/a n/a Various Costs associated with administration of bond funded projects.2 2,383,221.74 595,805.44 17,903 17,903 103 North Sphere Fire Station n/a n/a TBD from Unspent Bond Proceeds Approved project as listed in Exhibit A, 2006-2 Tax Certificate dd 7/6/06 - IRS Form 8038-G 2 10,000,000.00 - - - 104 Monterey Ave On/Off Ramp Imps n/a n/a TBD from Unspent Bond Proceeds Approved project as listed in Exhibit A, 2006-2 Tax Certificate dd 7/6/06 - IRS Form 8038-G 2 6,000,000.00 - - - 105 Portola @ I-10 Imps n/a n/a TBD from Unspent Bond Proceeds Approved project as listed in Exhibit A, 2006-2 Tax Certificate dd 7/6/06 - IRS Form 8038-G 2 16,800,000.00 - - - 106 Undergrounding Utilities n/a n/a TBD from Unspent Bond Proceeds Approved project as listed in Exhibit A, 2006-2 Tax Certificate dd 7/6/06 - IRS Form 8038-G 2 12,000,000.00 - - - 3 of 6 Name of Successor Agency:Successor Agency to the Palm Desert Redevelopment Agency County:Riverside Oversight Board Approval Date: OB-007 Item #Project Name / Debt Obligation Contract/Agreement Execution Date Contract/Agreement Termination Date Payee Description/Project Scope LMIHF Bond Proceeds Reserve Balance Admin Allowance RPTTF Other Six-Month Total 1,027,199,254$ 68,833,087$ -$ 3,464,946$ 2,675,800$ 617,691$ 17,875,111$ -$ 24,633,548$ August 20, 2012 RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS III) January 1, 2013 through June 30, 2013 Grand Total Project Area Total Outstanding Debt or Obligation Funding Source Total Due During Fiscal Year 2012-13 107 2003 Tax Allocation Bond Issue - $4,745,000 7/21/2003 4/1/2033 Wells Fargo Bank Semi-Annual Debt Service Payment 3 6,115,433.75 297,265.00 88,976 88,976 108 2006 Tax Allocation Bond Issue - $15,029,526 6/27/2006 4/1/2041 Wells Fargo Bank Semi-Annual Debt Service Payment 3 31,512,625.00 793,875.00 270,738 270,738 109 L/M Housing Loan 6/30/2010 6/30/2015 Palm Desert Housing Authority 2009/10 SERAF Loan Repayment 3 727,724.75 242,578.25 - 110 Cook Street Widening 2/24/2011 Upon project completion.Cooley Construction Payments on existing contracts related to the infrastructure improvements on Cook Street. 3 1,164,293.49 1,164,293.49 322,641 322,641 111 Cook Street Widening 2/12/2004 Upon project completion.Harris & Associates Payments on existing contracts related to the infrastructure improvements on Cook Street. 3 16,011.15 16,011.15 16,011 16,011 112 Cook Street Widening 2/24/2011 7/12/2012 Cooley Construction Payments on existing contracts related to the infrastructure improvements on Cook Street. 3 - - - - 113 Cook Street Widening 4/1/2011 9/30/2011 Gaugush, Joseph Payments on existing contracts related to the infrastructure improvements on Cook Street. 3 - - - - 114 Cook Street Widening 5/13/2011 6/6/2012 Robert Bein, Frost & Assoc Payments on existing contracts related to the infrastructure improvements on Cook Street. 3 10,351.00 10,351.00 - - 115 Cook Street Widening 6/7/2011 3/29/2012 Sladden Engineering Payments on existing contracts related to the infrastructure improvements on Cook Street. 3 1,233.80 1,233.80 - - 116 Public Safety Academy Reimb 3/27/2008 Upon project completion.College of the Desert Payments on existing contract related to the reimbursement of College of the Desert for the construction of the Public Safety Academy. 3 - 300,000.00 - - 117 Project Area Administration n/a 7/17/2042 Various Allowable Costs per Admin Plan-staff, utililities, professional services, etc.3 433,321.90 29,212.38 2,351 2,351 118 Vested Employee Benefit Obligation n/a 7/17/2042 RDA Assigned Employees Obligation based on accrued leaves and current MOU.3 176,889.30 8,844.47 4,422 4,422 119 Stipulated Judgement Case No. 51124 11/20/1991 7/17/2042 Various Duties required under said court order. Falcon Crest Afford Housing Dev - Homeowners at lots 1 through 93, et al. PDHA Subsidy for 1,100 Affordable Units 3 13,617,888.00 363,076.21 - 120 Replacement Reserve Fund 2/10/2011 n/a Palm Desert Housing Authority 1,100 Affordable Housing Apt Comp's 3 299,003.00 71,470.00 - 121 PDHA Property Management 9/23/2010 12/31/2012 RPM Company Payments on existing contract for Housing Authority Property Management.3 39,690.00 11,340.00 5,670 5,670 122 PDHA Properties 2/24/2011 6/30/2012 Andy's Landscape and Tree Payments on existing contract for Housing Authority Property Maintenance.3 - - - - 123 PDHA Properties 3/10/2011 6/30/2012 West Coast Arborist Payments on existing contract for Housing Authority Property Maintenance.3 - - - - 124 Trustee Services 5/13/2011 Varies, per bond issuance.Wells Fargo Bank Payments per existing contract for professional services.3 5,549.33 1,346.40 673 673 125 Disclosure Services Varies, per bond issuance Varies, per bond issuance.Willdan Payments per existing contract for professional services.3 4,594.60 1,114.76 557 557 126 Legal Services 9/1/2009 8/31/2014 Richards, Watson & Gershon Payments per existing contract for professional services.3 30,807.63 7,474.66 3,737 3,737 127 Legal Services 9/1/2009 8/31/2014 Best-Best & Krieger Payments per existing contract for professional services.3 2,585.49 627.30 314 314 128 Professional Association n/a n/a California Redevelopment Association Payments per existing contract for professional services.3 5,044.85 1,224.00 1,224 1,224 129 Auditing Services 6/30/2008 6/30/2014 Diehl, Evans & Co.Payments per existing contract for professional services.3 4,237.67 1,028.16 514 514 130 Reporting Services Annual Contract Annual Contract Redevelopment Reporting Solutions Payments per existing contract for professional services.3 1,681.62 408.00 204 204 131 Pass-thru Trust Account Obligations Various 7/17/2042 Palm Desert Taxing Entities Balances in trust per negotiated pass-thru agreements 3 532,294.71 532,294.71 - - 132 Additional Disclosures on TAB's Varies, per bond issuance Varies, per bond issuance.Willdan Additional disclosures that will be required to report changes in the allocation of tax increment and the payment on tax allocation bonds due to AB 26. These disclosures would not have been necessary without this legislative change. 3 1,600.00 400.00 200 200 133 Liability Insurance 8/24/1995 n/a California JPIA Payments per exisitng contract for professional services.3 4,624.44 1,122.00 561 561 134 Banking Services 3/11/2010 3/11/2015 Union Bank of California Payments per exisitng contract for professional services.3 395.18 95.88 48 48 135 Bond Project Overhead Costs n/a n/a Various Costs associated with administration of bond funded projects.3 834,594.47 208,648.62 9,324 9,324 136 Portola Avenue On/Off Ramp Construction n/a n/a TBD from Unspent Bond Proceeds Approved project as listed in Exhibit A, 2006-3 Tax Certificate dd 7/6/06 - IRS Form 8038-G 3 8,200,000.00 - - - 137 Undergrounding Utilities n/a n/a TBD from Unspent Bond Proceeds Approved project as listed in Exhibit A, 2006-3 Tax Certificate dd 7/6/06 - IRS Form 8038-G 3 2,000,000.00 - - - 138 Portola Avenue Widening n/a n/a TBD from Unspent Bond Proceeds Approved project as listed in Exhibit A, 2006-3 Tax Certificate dd 7/6/06 - IRS Form 8038-G 3 5,000,000.00 - - - 139 Falcon Crest Lot K n/a n/a TDB One-time payment per existing contract for the cost of constructing a perimeter wall & all surrounding improvements including exterior landscaping, plans for drainage & discharge, power for well operation 3 TBD - - - 140 1998 $11,020,000 Tax Allocation Bond Issue 2/24/1998 10/1/2028 Wells Fargo Bank Semi-Annual Debt Service Payment 4 11,984,812.50 554,240.00 350,475 350,475 141 2001 $15,695,000 Tax Allocation Bond Issue 11/15/2001 10/1/2031 Wells Fargo Bank Semi-Annual Debt Service Payment 4 20,646,947.50 959,805.00 668,821 668,821 4 of 6 Name of Successor Agency:Successor Agency to the Palm Desert Redevelopment Agency County:Riverside Oversight Board Approval Date: OB-007 Item #Project Name / Debt Obligation Contract/Agreement Execution Date Contract/Agreement Termination Date Payee Description/Project Scope LMIHF Bond Proceeds Reserve Balance Admin Allowance RPTTF Other Six-Month Total 1,027,199,254$ 68,833,087$ -$ 3,464,946$ 2,675,800$ 617,691$ 17,875,111$ -$ 24,633,548$ August 20, 2012 RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS III) January 1, 2013 through June 30, 2013 Grand Total Project Area Total Outstanding Debt or Obligation Funding Source Total Due During Fiscal Year 2012-13 142 2006 $19,273,089 Tax Allocation Bond Issue 7/13/2006 10/1/2034 Wells Fargo Bank Semi-Annual Debt Service Payment 4 36,557,870.00 1,307,876.25 1,127,466 1,127,466 143 L/M Housing Fund Loan 6/30/2010 6/30/2015 Palm Desert Housing Authority 2009/10 SERAF Loan Repayment 4 1,992,928.99 664,309.66 - 144 PA 4 Public Improvements 5/22/2008 Upon project completion.Interactive Design Corp Payments per existing contract related to the public improvements to develop and construct public facilities for emergency services, affordable housing, façade improvements to existing structures, and infrastructure imps. 4 9,854.00 9,854.00 9,854 9,854 145 PA 4 Public Improvements 1/29/2008 Upon project completion.Heitec Payments per existing contract related to the public improvements to develop and construct public facilities for emergency services, affordable housing, façade improvements to existing structures, and infrastructure imps. 4 7,420.00 7,420.00 7,420 7,420 146 PD Country Club Undergrounding 2/14/2008 Upon project completion.Willdan Financial Services Payments per existing contract related to undergrounding of utilities in Project Area No. 4. 4 15,058.15 15,058.15 15,058 15,058 147 Trustee Services 5/13/2011 Varies, per bond issuance.Wells Fargo Bank Payments per existing contract for professional services.4 16,648.00 4,039.20 2,020 2,020 148 Disclosure Services Varies, per bond issuance Varies, per bond issuance.Willdan Payments per existing contract for professional services.4 13,783.79 3,344.27 1,672 1,672 149 Legal Services 9/1/2009 8/31/2014 Richards, Watson & Gershon Payments per existing contract for professional services.4 92,422.88 22,423.99 11,212 11,212 150 Legal Services 9/1/2009 8/31/2014 Best-Best & Krieger Payments per existing contract for professional services.4 7,756.46 1,881.90 941 941 151 Professional Association n/a n/a California Redevelopment Association Payments per existing contract for professional services.4 15,134.54 3,672.00 3,672 3,672 152 Auditing Services 6/30/2008 6/30/2014 Diehl, Evans & Co.Payments per existing contract for professional services.4 12,713.02 3,084.48 1,542 1,542 153 Reporting Services Annual Contract Annual Contract Redevelopment Reporting Solutions Payments per existing contract for professional services.4 5,044.85 1,224.00 612 612 154 Liability Insurance 8/24/1995 n/a California JPIA Payments per existing contract for professional services.4 13,873.33 3,366.00 1,683 1,683 155 Banking Services 3/11/2010 3/11/2015 Union Bank of California Payments per existing contract for professional services.4 1,185.54 287.64 144 144 156 Hovley Retention Basin 2/24/2011 7/22/2011 Leon's Landscaping Payments per existing contract for public improvements related to a xeriscaped open space and retention basin.4 - - - - 157 Affordable Housing-Carlos Ortega Villas 4/8/2010 Upon project completion.Interactive Design Corp Payments per existing contract for a 72 unit affordable senior complex. 4 644,649.13 644,649.13 441,958 441,958 158 Project Area Administration n/a 7/19/2044 Various Allowable Costs per Admin Plan-staff, utililities, professional services, etc.4 1,299,965.69 168,957.66 47,714 47,714 159 Vested Employee Benefit Obligation n/a 7/19/2044 RDA Assigned Employees Obligation based on accrued leaves and current MOU.4 530,667.91 26,533.40 13,267 13,267 160 Stipulated Judgement Case No. 51124 11/20/1991 7/19/2044 Various Duties required under said court order. PDHA subsidy for 1,100 Affordable Units 4 40,853,663.00 1,089,228.62 - 161 Replacement Reserve Fund 2/10/2011 n/a Palm Desert Housing Authority 1,100 Affordable Housing Apt Comp's 4 1,178,772.00 273,489.00 - 162 PDHA Property Management 9/23/2010 12/31/2012 RPM Company Payments per existing contract for Housing Authority Property Management.4 207,270.00 59,220.00 29,610 29,610 163 PDHA Properties 2/24/2011 6/30/2012 Andy's Landscape and Tree Payments per existing contract for Housing Authority Property Maintenance.4 - - - - 164 PDHA Properties 3/10/2011 6/30/2012 West Coast Arborist Payments per existing contract for Housing Authority Property Maintenance.4 - - - - 165 Additional Disclosures on TAB's Varies, per bond issuance Varies, per bond issuance.Willdan/RWG Additional disclosures that will be required to report changes in the allocation of tax increment and the payment on tax allocation bonds due to AB 26. These disclosures would not have been necessary without this legislative change. 4 2,400.00 600.00 300 300 166 Pass-thru Trust Account Obligations Various 7/19/2044 Palm Desert Taxing Entities Balances in trust per negotiated pass-thru agreements 4 2,990,664.20 2,990,664.20 - - 167 Public Safety Academy Reimb 3/27/2008 Upon project completion.College of the Desert Payments on existing contract related to the reimbursement of College of the Desert for the construction of the Public Safety Academy. 4 400,000.00 100,000.00 - - 168 Carlos Ortega Villas n/a n/a To Be Determined Agreement to build wall as part of COV construction 4 17,000.00 - 169 NSP Rehabilitation 1/27/2011 Upon project completion.AA Max Payments per existing contract related to Rehab/Resale of Single Family Dwelling 4 27,103.50 27,103.50 4,668 4,668 170 Bond Project Overhead Costs n/a n/a Various Costs associated with administration of bond funded projects.4 2,213,249.06 553,312.27 7,356 7,356 171 Carlos Ortega Villas n/a n/a TBD from Unspent Bond Proceeds Approved project as listed in Exhibit A, 2007-SA Tax Certificates - IRS Form 8038-G HA 18,500,000.00 - - - 172 Desert Pointe Rehabilitation n/a n/a TBD from Unspent Bond Proceeds Approved project as listed in Exhibit A, 2007-SA Tax Certificates - IRS Form 8038-G HA 5,000,000.00 - - - 173 Undergrounding Utilities n/a n/a TBD from Unspent Bond Proceeds Approved project as listed in Exhibit A, 01-4 & 06-4 Tax Certificates - IRS Form 8038-G 4 18,571,000.00 - - - 174 Buydown Subsidies for Low-Mod Housing n/a n/a TBD from Unspent Bond Proceeds Approved project as listed in Exhibit A, 2007-SA Tax Certificates - IRS Form 8038-G HA 5,000,000.00 - 5 of 6 Name of Successor Agency:Successor Agency to the Palm Desert Redevelopment Agency County:Riverside Oversight Board Approval Date: OB-007 Item #Project Name / Debt Obligation Contract/Agreement Execution Date Contract/Agreement Termination Date Payee Description/Project Scope LMIHF Bond Proceeds Reserve Balance Admin Allowance RPTTF Other Six-Month Total 1,027,199,254$ 68,833,087$ -$ 3,464,946$ 2,675,800$ 617,691$ 17,875,111$ -$ 24,633,548$ August 20, 2012 RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS III) January 1, 2013 through June 30, 2013 Grand Total Project Area Total Outstanding Debt or Obligation Funding Source Total Due During Fiscal Year 2012-13 175 Sagecrest Rehabilitation n/a n/a TBD from Unspent Bond Proceeds Approved project as listed in Exhibit A, 2007-SA Tax Certificates - IRS Form 8038-G HA 6,000,000.00 - 6 of 6