HomeMy WebLinkAboutROPS 1415 B OB ApproveName of Successor Agency:Palm Desert
Name of County:Riverside
Current Period Requested Funding for Outstanding Debt or Obligation
A 23,150,093$
B 23,050,093
C -
D 100,000
E 23,706,748$
F 23,016,260
G 690,488
H Current Period Enforceable Obligations (A+E):46,856,841$
Successor Agency Self-Reported Prior Period Adjustment to Current Period RPTTF Requested Funding
I Enforceable Obligations funded with RPTTF (E):23,706,748
J (238,086)
K 23,468,662$
County Auditor Controller Reported Prior Period Adjustment to Current Period RPTTF Requested Funding
L Enforceable Obligations funded with RPTTF (E):23,706,748
M -
N 23,706,748
Name Title
/s/
Signature Date
Administrative Costs (ROPS Detail)
Less Prior Period Adjustment (Report of Prior Period Adjustments Column S)
Adjusted Current Period RPTTF Requested Funding (I-J)
Less Prior Period Adjustment (Report of Prior Period Adjustments Column AA)
Adjusted Current Period RPTTF Requested Funding (L-M)
Certification of Oversight Board Chairman:
Pursuant to Section 34177 (m) of the Health and Safety code, I
hereby certify that the above is a true and accurate Recognized
Obligation Payment Schedule for the above named agency.
Recognized Obligation Payment Schedule (ROPS 14-15B) - Summary
Filed for the January 1, 2015 through June 30, 2015 Period
Enforceable Obligations Funded with Non-Redevelopment Property Tax Trust Fund (RPTTF) Funding
Sources (B+C+D):
Non-Administrative Costs (ROPS Detail)
Enforceable Obligations Funded with RPTTF Funding (F+G):
Bond Proceeds Funding (ROPS Detail)
Reserve Balance Funding (ROPS Detail)
Other Funding (ROPS Detail)
Six-Month Total
A B C D E F G H I J K L M N O P
Bond Proceeds
Reserve
Balance Other Funds Non-Admin Admin
1,037,440,284$ 23,050,093$ -$ 100,000$ 23,016,260$ 690,488$ 46,856,841$
1 2002 Tax Allocation Refunding Bond Bonds Issued On or 2/28/2002 4/1/2030 Wells Fargo Bank Semi-Annual Debt Service Payment 1 34,742,505 N 557,333 557,333
2 2003 Tax Allocation Bond Issue -
$19,000,000
Bonds Issued On or
Before 12/31/10
7/15/2003 4/1/2030 Wells Fargo Bank Semi-Annual Debt Service Payment 1 20,950,250 N 316,500 316,500
3 2004 Tax Allocation Bond Issue -
$24,945,000
Bonds Issued On or
Before 12/31/10
6/9/2004 4/1/2025 Wells Fargo Bank Semi-Annual Debt Service Payment 1 17,857,025 N 338,050 338,050
4 2006 Tax Allocation Bond Issue -
$62,320,000
Bonds Issued On or
Before 12/31/10
6/22/2006 4/1/2030 Wells Fargo Bank Semi-Annual Debt Service Payment 1 53,975,575 N 1,046,705 1,046,705
5 2007 Tax Allocation Bond Issue -
$32,600,000
Bonds Issued On or
Before 12/31/10
12/13/2006 4/1/2018 Wells Fargo Bank Semi-Annual Debt Service Payment 1 11,718,500 N 266,000 266,000
7 2002 Housing Tax Allocation Bond
Issue - $12,000,000
Bonds Issued On or
Before 12/31/10
8/21/2002 10/1/2031 Wells Fargo Bank Semi-Annual Debt Service Payment 1 13,006,895 N 558,125 558,125
8 2007 Housing Tax Allocation Bond
Issue - $87,056,348
Bonds Issued On or
Before 12/31/10
1/25/2007 10/1/2027 Wells Fargo Bank Semi-Annual Debt Service Payment 1 69,911,157 N 7,122,969 7,122,969
9 Indian Springs Stipulated
Agreement
Litigation 2/27/2009 2/27/2039 Indian Springs Mobilehome
Park
Judgement related to ISMHP 1 8,282,311 N 69,837 69,837
10 L/M Housing Fund Loan SERAF/ERAF 6/30/2010 6/30/2015 Palm Desert Housing
Authority
2009/10 SERAF Loan Repayment 1 10,438,131 N -
14 Alessandro Alleyway Improvement/Infrastr
ucture
2/28/2011 6/30/2016 Prest Vuksic Architects Payments per existing contract for
public parking improvements along
commercial corridor.
1 3,514 N 3,514 3,514
29 El Paseo Revitlization Improvement/Infrastr
ucture
7/10/2008 6/30/2016 Forma Design, Inc Payments for existing contract for
public improvements in the central
business district and commercial
corridor.
1 168,558 N 168,558 168,558
31 Vested Pension Obligation-
CalPERS
Unfunded Liabilities 11/25/1981 11/25/2032 RDA Assigned Employees Obligation based on accrued leaves
and current MOU.
1 1,707,402 N 213,425 213,425
32 Stipulated Judgement Case No.
51124
Litigation 11/20/1991 11/25/2032 Various Duties required under said court order.
Desert Rose, Etc. PDHA subsidy for
1,100 Afford Units
1 221,173,384 N 3,244,871 3,244,871
34 FW Drive Widening Improvements Improvement/Infrastr
ucture
5/27/2010 6/30/2016 Kimley Horne & Associates Payments on existing contracts for
street improvements along Fred
Waring Drive.
1 - Y -
35 FW Drive Widening Improvements Improvement/Infrastr
ucture
9/10/2009 6/30/2016 VA Consulting Payments on existing contracts for
street improvements along Fred
Waring Drive.
1 - Y -
36 FW Drive Widening Improvements Improvement/Infrastr
ucture
11/3/2009 6/30/2016 Ecorp Consulting 16409 Payments on existing contracts for
street improvements along Fred
Waring Drive.
1 4,568 N 4,568 4,568
37 FW Drive Widening Improvements Improvement/Infrastr
ucture
4/28/2011 6/30/2016 NAI Consulting 17352 Payments on existing contracts for
street improvements along Fred
Waring Drive.
1 10,668 N 10,668 10,668
38 Portola Wall & Sidewalk Imps Improvement/Infrastr
ucture
5/22/2008 6/30/2016 David Evans & Associates
15197
Payments on existing contract for
public improvements relative to the
Portola Avenue Wall and Sidewalk
Relocation project.
1 25,495 N 25,495 25,495
43 Agency Owned Properties Property
Maintenance
7/1/2013 6/30/2015 Utilities, Maint Services,
HOA Dues, Etc.
Agency owned properties monthly
carrying costs prior to disposition.
1 315,000 N 90,000 90,000
44 Additional Disclosures on TAB's Fees 7/1/2013 6/30/2015 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 36,400 N 700 700
45 Bond Project Overhead Costs Project Management
Costs
7/1/2013 6/30/2015 Various Costs associated with administration
of bond
funded projects.
1 783,786 N 253,536 253,536
Recognized Obligation Payment Schedule (ROPS 14-15B) - ROPS Detail
January 1, 2015 through June 30, 2015
(Report Amounts in Whole Dollars)
Item #Payee Description/Project Scope Project Area
Total
Outstanding Debt
or Obligation Retired
Funding Source
Six-Month TotalProject Name / Debt Obligation Obligation Type
Contract/Agreement
Execution Date
RPTTF
Non-Redevelopment Property Tax Trust Fund
(Non-RPTTF)
Contract/Agreement
Termination Date
A B C D E F G H I J K L M N O P
Bond Proceeds
Reserve
Balance Other Funds Non-Admin Admin
Recognized Obligation Payment Schedule (ROPS 14-15B) - ROPS Detail
January 1, 2015 through June 30, 2015
(Report Amounts in Whole Dollars)
Item #Payee Description/Project Scope Project Area
Total
Outstanding Debt
or Obligation Retired
Funding Source
Six-Month TotalProject Name / Debt Obligation Obligation Type
Contract/Agreement
Execution Date
RPTTF
Non-Redevelopment Property Tax Trust Fund
(Non-RPTTF)
Contract/Agreement
Termination Date
46 Alessandro Alley Frontage Rd Imps Improvement/Infrastr
ucture
1/1/2014 6/30/2015 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants dated 7/6/06 - (Eligible
upon receipt of FOC)
1 2,000,000 N 520,000 520,000
47 Core Commercial Parking
Improvements
Improvement/Infrastr
ucture
1/1/2014 6/30/2015 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants dated 7/6/06 - (Eligible
upon receipt of FOC)
1 4,900,000 N 875,000 875,000
48 President's Plaza Parking Lot Imps Improvement/Infrastr
ucture
1/1/2014 6/30/2015 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants dated 7/6/06 - (Eligible
upon receipt of FOC)
1 5,000,000 N 500,000 500,000
49 Undergrounding Utilities Improvement/Infrastr
ucture
1/1/2014 6/30/2015 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants dated 7/6/06 - (Eligible
upon receipt of FOC)
1 1,000,000 N 400,000 400,000
50 Portola Avenue Widening Improvement/Infrastr
ucture
1/1/2014 6/30/2015 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants dated 7/6/06 - (Eligible
upon receipt of FOC)
1 1,262,919 N 1,262,919 1,262,919
53 Civic Center Park Community
Recreation Center Lease
Miscellaneous 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 23,670 N -
55 2002 Tax Allocation Refunding Bond
Issue - $17,310,000
Bonds Issued On or
Before 12/31/10
6/19/2002 8/1/2022 Wells Fargo Bank Semi-Annual Debt Service Payment 2 10,494,984 N 1,118,704 1,118,704
56 2003 Tax Allocation Bond Issue -
$15,745,000
Bonds Issued On or
Before 12/31/10
3/12/2003 8/1/2033 Wells Fargo Bank Semi-Annual Debt Service Payment 2 26,745,341 N 384,503 384,503
57 2006 Tax Allocation Bond Issue -
$67,618,273
Bonds Issued On or
Before 12/31/10
6/27/2006 8/1/2036 Wells Fargo Bank Semi-Annual Debt Service Payment 2 96,093,172 N 2,251,332 2,251,332
59 North Sphere Hotel land City/County Loans
On or Before 6/27/11
3/23/1995 7/15/2038 City of Palm Desert Balance due Property Acquisition 2 5,500,000 N -
60 North Sphere Property Acquisition City/County Loans
On or Before 6/27/11
3/13/1997 7/15/2038 City of Palm Desert Loan for Property Acquisition 2 2,055,000 N -
61 City Loan for formation of Project
Area No. 2- 1986
City/County Loans
On or Before 6/27/11
12/5/1986 7/15/2038 City of Palm Desert Formation of PA/Prop Acquisition 2 6,000,000 N -
62 L/M Housing Loan SERAF/ERAF 6/30/2010 6/30/2015 Palm Desert Housing
Authority
2009/10 SERAF Loan Repayment 2 3,755,605 N -
64 North Sphere Fire Station Improvement/Infrastr
ucture
1/29/2008 6/30/2016 Rudy Acosta Payments on existing contracts related
to a newly constructed fire station to
serve the North area.
2 - Y -
68 Aquatic Facility Improvement/Infrastr
ucture
12/10/2009 6/30/2016 Gould Evans Associates,
LLC
Payments on existing contracts related
to the Aquatic/Community Facility.
2 - Y -
69 Aquatic Facility Improvement/Infrastr
ucture
10/7/2010 6/30/2016 Planit Reprographics Payments on existing contracts related
to the Aquatic/Community Facility.
2 - Y -
82 Well Sites Improvement/Infrastr
ucture
11/14/1996 6/30/2015 CVWD Payments on existing contracts related
to the North area required future well
sites.
2 667,246 N 667,246 667,246
85 Vested Pension Obligation-
CalPERS
Unfunded Liabilities 7/15/1987 7/15/2038 RDA Assigned Employees Obligation based on accrued leaves
and current MOU.
2 456,839 N 57,105 57,105
86 Stipulated Judgement Case No.
51124
Litigation 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 63,072,039 N 1,305,703 1,305,703
94 Monterey @ I-10 Imps Improvement/Infrastr
ucture
2/13/2009 6/30/2016 LSA Associates 15878 Payments on existing contracts for the
street improvements related to arterial
access inbound and outbound from
Interstate 10 on Monterey.
2 8,930 N 8,930 8,930
95 Monterey @ I-10 Imps Improvement/Infrastr
ucture
10/14/2004 6/30/2016 Robert Bein Frost & Assoc
15950
Payments on existing contracts for the
street improvements related to arterial
access inbound and outbound from
Interstate 10 on Monterey.
2 11,692 N 11,692 11,692
A B C D E F G H I J K L M N O P
Bond Proceeds
Reserve
Balance Other Funds Non-Admin Admin
Recognized Obligation Payment Schedule (ROPS 14-15B) - ROPS Detail
January 1, 2015 through June 30, 2015
(Report Amounts in Whole Dollars)
Item #Payee Description/Project Scope Project Area
Total
Outstanding Debt
or Obligation Retired
Funding Source
Six-Month TotalProject Name / Debt Obligation Obligation Type
Contract/Agreement
Execution Date
RPTTF
Non-Redevelopment Property Tax Trust Fund
(Non-RPTTF)
Contract/Agreement
Termination Date
96 Portola @ I-10 Imps Improvement/Infrastr
ucture
12/8/2005 6/30/2015 Dokken Engineering
12823
Payments on existing contract related
to the alignment of Portola Avenue to
connect with the proposed new
interchange on I-10.
2 9,157 N 9,157 9,157
100 Additional Disclosures on TAB's Fees 7/1/2013 6/30/2015 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 15,600 N 300 300
102 Bond Project Overhead Costs Project Management
Costs
7/1/2013 6/30/2015 Various Costs associated with administration
of bond
funded projects.
2 1,118,605 N 65,351 65,351
103 North Sphere Fire Station Improvement/Infrastr
ucture
1/1/2014 6/30/2015 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants dated 7/6/06 - (Eligible
upon receipt of FOC)
2 7,000,000 N 50,000 50,000
104 Monterey Ave On/Off Ramp Imps Improvement/Infrastr
ucture
1/1/2014 6/30/2015 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants dated 7/6/06 - (Eligible
upon receipt of FOC)
2 500,000 N 500,000 500,000
105 Portola @ I-10 Imps Improvement/Infrastr
ucture
1/1/2014 6/30/2015 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants dated 7/6/06 - (Eligible
upon receipt of FOC)
2 - Y -
106 Undergrounding Utilities Improvement/Infrastr
ucture
1/1/2014 6/30/2015 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants dated 7/6/06 - (Eligible
upon receipt of FOC)
2 12,000,000 N -
107 2003 Tax Allocation Bond Issue -
$4,745,000
Bonds Issued On or
Before 12/31/10
7/21/2003 4/1/2033 Wells Fargo Bank Semi-Annual Debt Service Payment 3 5,318,077 N 84,237 84,237
108 2006 Tax Allocation Bond Issue -
$15,029,526
Bonds Issued On or
Before 12/31/10
6/27/2006 4/1/2041 Wells Fargo Bank Semi-Annual Debt Service Payment 3 29,302,838 N 262,709 262,709
109 L/M Housing Loan SERAF/ERAF 6/30/2010 6/30/2015 Palm Desert Housing
Authority
2009/10 SERAF Loan Repayment 3 970,313 N -
118 Vested Pension Obligation-
CalPERS
Unfunded Liabilities 7/17/1991 7/17/2042 RDA Assigned Employees Obligation based on accrued leaves
and current MOU.
3 124,147 N 15,519 15,519
119 Stipulated Judgement Case No.
51124
Litigation 11/20/1991 7/15/2038 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 16,602,589 N 321,796 321,796
132 Additional Disclosures on TAB's Fees 7/1/2013 6/30/2015 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 10,400 N 200 200
135 Bond Project Overhead Costs Project Management
Costs
7/1/2013 6/30/2015 Various Costs associated with administration
of bond
funded projects.
3 353,896 N 30,250 30,250
136 Portola Avenue On/Off Ramp
Construction
Improvement/Infrastr
ucture
1/1/2014 6/30/2015 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants dated 7/6/06 - (Eligible
upon receipt of FOC)
3 - Y -
137 Undergrounding Utilities Improvement/Infrastr
ucture
1/1/2014 6/30/2015 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants dated 7/6/06 - (Eligible
upon receipt of FOC)
3 3,000,000 N 5,000 5,000
138 Portola Avenue Widening Improvement/Infrastr
ucture
1/1/2014 6/30/2015 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants dated 7/6/06 - (Eligible
upon receipt of FOC)
3 1,077,919 N 500,000 500,000
A B C D E F G H I J K L M N O P
Bond Proceeds
Reserve
Balance Other Funds Non-Admin Admin
Recognized Obligation Payment Schedule (ROPS 14-15B) - ROPS Detail
January 1, 2015 through June 30, 2015
(Report Amounts in Whole Dollars)
Item #Payee Description/Project Scope Project Area
Total
Outstanding Debt
or Obligation Retired
Funding Source
Six-Month TotalProject Name / Debt Obligation Obligation Type
Contract/Agreement
Execution Date
RPTTF
Non-Redevelopment Property Tax Trust Fund
(Non-RPTTF)
Contract/Agreement
Termination Date
139 Falcon Crest Lot K Improvement/Infrastr
ucture
1/1/2014 6/30/2015 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
3 200,000 N -
140 1998 $11,020,000 Tax Allocation
Bond Issue
Bonds Issued On or
Before 12/31/10
2/24/1998 10/1/2028 Wells Fargo Bank Semi-Annual Debt Service Payment 4 10,471,858 N 567,943 567,943
141 2001 $15,695,000 Tax Allocation
Bond Issue
Bonds Issued On or
Before 12/31/10
11/15/2001 10/1/2031 Wells Fargo Bank Semi-Annual Debt Service Payment 4 18,419,180 N 677,950 677,950
142 2006 $19,273,089 Tax Allocation
Bond Issue
Bonds Issued On or
Before 12/31/10
7/13/2006 10/1/2034 Wells Fargo Bank Semi-Annual Debt Service Payment 4 33,522,833 N 961,285 961,285
143 L/M Housing Fund Loan SERAF/ERAF 6/30/2010 6/30/2015 Palm Desert Housing
Authority
2009/10 SERAF Loan Repayment 4 2,657,239 N -
144 PA 4 Public Improvements Improvement/Infrastr
ucture
5/22/2008 6/30/2016 Interactive Design Corp
17371
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 - Y -
145 PA 4 Public Improvements Improvement/Infrastr
ucture
1/29/2008 6/30/2016 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 - Y -
146 PD Country Club Undergrounding Improvement/Infrastr
ucture
2/14/2008 6/30/2016 Willdan Financial Services Payments per existing contract related
to undergrounding of utilities in Project
Area No. 4.
4 - Y -
157 Affordable Housing-Carlos Ortega
Villas
Improvement/Infrastr
ucture
4/8/2010 6/30/2016 Interactive Design Corp Payments per existing contract for a
72 unit affordable senior complex.
4 103,709 N 103,709 103,709
159 Vested Pension Obligation-
CalPERS
Unfunded Liabilities 7/19/1993 7/19/2044 RDA Assigned Employees Obligation based on accrued leaves
and current MOU.
4 400,578 N 50,073 50,073
160 Stipulated Judgement Case No.
51124
Litigation 11/20/1991 7/15/2038 Various Duties required under said court order.
PDHA subsidy for 1,100 Affordable
Units
4 49,236,464 N 1,132,086 1,132,086
165 Additional Disclosures on TAB's Fees 7/1/2013 6/30/2015 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 15,600 N 300 300
168 Carlos Ortega Villas Improvement/Infrastr
ucture
7/1/2013 6/30/2015 To Be Determined Agreement to build wall as part of
COV construction
4 42,000 N 42,000 42,000
170 Bond Project Overhead Costs Project Management
Costs
7/1/2013 6/30/2015 Various Costs associated with administration
of bond
funded projects.
4 1,068,256 N 117,500 117,500
171 Carlos Ortega Villas Improvement/Infrastr
ucture
1/1/2014 6/30/2015 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants - (Eligible upon receipt of
FOC)
HA 16,883,310 N 11,000,000 11,000,000
172 Desert Pointe Rehabilitation Improvement/Infrastr
ucture
1/1/2014 6/30/2015 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants - (Eligible upon receipt of
FOC)
HA 2,000,000 N 50,000 50,000
173 Undergrounding Utilities Improvement/Infrastr
ucture
1/1/2014 6/30/2015 TBD from Unspent Bond
Proceeds
Approved projects pursuant to bond
covenants - (Eligible upon receipt of
FOC)
4 14,000,000 N -
A B C D E F G H I J K L M N O P
Bond Proceeds
Reserve
Balance Other Funds Non-Admin Admin
Recognized Obligation Payment Schedule (ROPS 14-15B) - ROPS Detail
January 1, 2015 through June 30, 2015
(Report Amounts in Whole Dollars)
Item #Payee Description/Project Scope Project Area
Total
Outstanding Debt
or Obligation Retired
Funding Source
Six-Month TotalProject Name / Debt Obligation Obligation Type
Contract/Agreement
Execution Date
RPTTF
Non-Redevelopment Property Tax Trust Fund
(Non-RPTTF)
Contract/Agreement
Termination Date
174 Buydown Subsidies for Low-Mod
Housing
OPA/DDA/Constructi
on
1/1/2014 6/30/2015 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants - (Eligible upon receipt of
FOC)
HA 5,000,000 N 2,000,000 2,000,000
175 Sagecrest Rehabilitation Improvement/Infrastr
ucture
1/1/2014 6/30/2015 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants - (Eligible upon receipt of
FOC)
HA 2,721,429 N 50,000 50,000
176 Project Area 1 Reserve for DS Reserves 6/22/2006 4/1/2030 Wells Fargo Bank Semi-Annual Debt Service Payment 1 44,036,331 N -
177 North Sphere Property Acquisition City/County Loans
On or Before 6/27/11
3/23/1995 7/15/2032 City of Palm Desert Balance due Property Acquisition
(Eligible upon receipt of FOC)
1 2,500,000 N -
178 North Sphere Property Acquisition City/County Loans
On or Before 6/27/11
8/16/1999 7/15/2032 City of Palm Desert Balance due Property Acquisition
(Eligible upon receipt of FOC)
1 4,163,940 N -
179 North Sphere Property Acquisition City/County Loans
On or Before 6/27/11
8/16/1999 7/15/2038 City of Palm Desert Balance due Property Acquisition
(Eligible upon receipt of FOC)
2 2,436,060 N -
180 El Paseo Multi Use Community
Center
Improvement/Infrastr
ucture
1/1/2014 6/30/2015 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants dated 7/6/06 - (Eligible
upon receipt of FOC)
1 800,000 N 800,000 800,000
181 North Sphere Regional Park Improvement/Infrastr
ucture
1/1/2014 6/30/2015 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants dated 7/6/06 - (Eligible
upon receipt of FOC)
2 12,500,000 N 10,000 10,000
182 Public Parking Facility Improvement/Infrastr
ucture
1/1/2014 6/30/2015 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants dated 7/6/06 - (Eligible
upon receipt of FOC)
3 1,675,068 N 50,000 50,000
183 President's Plaza Parking Lot Imps Improvement/Infrastr
ucture
1/1/2014 6/30/2015 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants dated 7/6/06 - (Eligible
upon receipt of FOC)
3 3,000,000 N 100,000 100,000
184 Community Facilities and Public
Infrastructure
Improvement/Infrastr
ucture
1/1/2014 6/30/2015 TBD from Unspent Bond
Proceeds
Approved projects pursuant to bond
covenants - (Eligible upon receipt of
FOC)
4 6,365,122 N 250,000 250,000
185 Drainage Improvements Improvement/Infrastr
ucture
1/1/2014 6/30/2015 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants - (Eligible upon receipt of
FOC)
4 10,000,000 N 100,000 100,000
186 CLO Villas/Traffic Circle
Improvements
Improvement/Infrastr
ucture
1/1/2014 6/30/2015 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants - (Eligible upon receipt of
FOC)
4 5,000,000 N 2,000,000 2,000,000
187 Las Serenas Expansion Improvement/Infrastr
ucture
1/1/2014 6/30/2015 TBD from Unspent Bond
Proceeds
Approved project pursuant to bond
covenants - (Eligible upon receipt of
FOC)
HSG 2,000,000 N 5,000 5,000
189 Project Area Administration Admin Costs 11/25/1981 7/19/2044 Various Allowable Costs per Admin Plan-staff,
utililities, professional services, etc.
1-4 13,909,205 N 690,488 690,488
190 Costs Associated with Disposition of
Assets
Property
Dispositions
7/1/2014 6/30/2015 City of Palm Desert Remediation of Health and Safety
Issues related to sale of properties
owned by former RDA
1-4 250,000 N 100,000 100,000
191 El Paseo Revitlization - Ph. 2 Improvement/Infrastr
ucture
1/1/2015 6/30/2015 Various Approved project pursuant to bond
covenants - (Eligible upon receipt of
FOC)
1 500,000 N 500,000 500,000
192 N -
193 N -
194 N -
195 N -
196 N -
197 N -
198 N -
199 N -
200 N -
201 N -
202 N -
203 N -
204 N -
205 N -
A B C E F G H I
Other RPTTF
Bonds Issued
on or before
12/31/10
Prior ROPS
period balances
and DDR RPTTF
balances
retained
Prior ROPS
RPTTF
distributed as
reserve for
future period(s)
Rent,
Grants,
Interest, Etc.
Non-Admin
and
Admin
ROPS 13-14B Actuals (01/01/14 - 06/30/14)
1 Beginning Available Cash Balance (Actual 01/01/14)
130,887,075 5,085,577 300,000 349,051 312,343
*DDR Restricted Cash: UCR Bond Funds and
Energy Investment *Actual bals include prior
period accruals. Total does not consider
receivable/payable as this report is cash basis.
Beg Avail Other adj for rev amts rep'd on 14-15A
related to ds.
2 Revenue/Income (Actual 06/30/14)
RPTTF amounts should tie to the ROPS 13-14B distribution from the
County Auditor-Controller during January 2014 17,879,528 662,261 21,630,822
3 Expenditures for ROPS 13-14B Enforceable Obligations (Actual
06/30/14)
RPTTF amounts, H3 plus H4 should equal total reported actual
expenditures in the Report of PPA, Columns L and Q 38,413,510 300,000 21,699,456
4 Retention of Available Cash Balance (Actual 06/30/14)
RPTTF amount retained should only include the amounts distributed for
debt service reserve(s) approved in ROPS 13-14B
5 ROPS 13-14B RPTTF Prior Period Adjustment
RPTTF amount should tie to the self-reported ROPS 13-14B PPA in the
Report of PPA, Column S No entry required
238,086
6 Ending Actual Available Cash Balance
C to G = (1 + 2 - 3 - 4), H = (1 + 2 - 3 - 4 - 5) 110,353,093 5,085,577 - 1,011,312 5,623
ROPS 14-15A Estimate (07/01/14 - 12/31/14)
7 Beginning Available Cash Balance (Actual 07/01/14)
(C, D, E, G = 4 + 6, F = H4 + F4 + F6, and H = 5 + 6)110,353,093 5,085,577 - 1,011,312 243,709
8 Revenue/Income (Estimate 12/31/14)
RPTTF amounts should tie to the ROPS 14-15A distribution from the
County Auditor-Controller during June 2014 16,747,845 183,975 15,510,208
9 Expenditures for ROPS 14-15A Enforceable Obligations (Estimate
12/31/14)26,351,526 250,000 15,510,208
Amount retained (up to $300,000) per dup reduction by
DOF on 13-14B Approval and 14-15A Approval.
10 Retention of Available Cash Balance (Estimate 12/31/14)
RPTTF amount retained should only include the amount distributed for
debt service reserve(s) approved in ROPS 14-15A
5,085,577 829,334 -
*DDR/Other Restricted Cash: UCR Bond Funds
($2,240,000)/Energy Investment ($2,065,000)/Bond Funds
Reimbursed ($1,309,911) plus $300,000 for ROPS dup red
by DOF.
11 Ending Estimated Available Cash Balance (7 + 8 - 9 -10)
100,749,412 - - 115,953 243,709
*Other Retention: Due from Govt Rec listed on Sched 4
of DDR at $1,309,911 should have been designated as
restricted as this reimbursed tax exempt bond funds
(2003-3 and 2006-3 proceeds). Reserve and Other funds
available will be restricted up to total.
Recognized Obligation Payment Schedule (ROPS 14-15B) - Report of Cash Balances
(Report Amounts in Whole Dollars)
Pursuant to Health and Safety Code section 34177 (l), Redevelopment Property Tax Trust Fund (RPTTF) may be listed as a source of payment on the ROPS, but only to the extent no other funding
source is available or when payment from property tax revenues is required by an enforceable obligation. For tips on how to complete the Report of Cash Balances Form, see
https://rad.dof.ca.gov/rad-sa/pdf/Cash_Balance_Agency_Tips_Sheet.pdf.
Fund Sources
Comments
Bond Proceeds Reserve Balance
Cash Balance Information by ROPS Period
A B C D E F G H I J K L M N O P Q R S T
Net SA Non-Admin
and Admin PPA
(Amount Used to
Offset ROPS 14-15B
Requested RPTTF)
Authorized Actual Authorized Actual Authorized Actual Authorized
Available
RPTTF
(ROPS 13-14B
distributed + all other
available as of
01/1/14)
Net Lesser of
Authorized /
Available Actual
Difference
(If K is less than L,
the difference is
zero) Authorized
Available
RPTTF
(ROPS 13-14B
distributed + all other
available as of
01/1/14)
Net Lesser of
Authorized /
Available Actual
Difference
(If total actual
exceeds total
authorized, the
total difference is
zero)
Net Difference
(M+R)
31,077,457$ 16,555,327$ 300,000$ 300,000$ 50,000$ -$ 21,281,497$ 21,281,497$ 21,281,497$ 21,043,827$ 237,670$ 656,445$ 656,445$ $ 656,445 656,029$ 416$ 238,086$
1 2002 Tax Allocation
Refunding Bond Issue -
- - - 557,333 557,333 557,333 557,304 29 29
2 2003 Tax Allocation Bond
Issue - $19,000,000
- - - 475,000 475,000 475,000 316,494 158,506 158,506
3 2004 Tax Allocation Bond
Issue - $24,945,000 - 300,000 300,000 - 64,294 64,294 64,294 64,294 - -
4 2006 Tax Allocation Bond
Issue - $62,320,000 - - - 1,131,241 1,131,241 1,131,241 1,130,686 555 555
5 2007 Tax Allocation Bond
Issue - $32,600,000 - - - 343,000 343,000 343,000 342,630 370 370
6 1998 Housing Tax
Allocation Bond Issue -
$48,760,000 - - - - - - -
7 2002 Housing Tax
Allocation Bond Issue -
$12,000,000 - - - 549,724 549,724 549,724 549,702 22 22
8 2007 Housing Tax
Allocation Bond Issue -
$87,056,348 - - - 6,980,594 6,980,594 6,980,594 6,980,424 170 170
9 Indian Springs Stipulated
Agreement - - - 69,836 69,836 69,836 69,836 - -
10 L/M Housing Fund Loan - - - - - - -
11 Fire Station Renovation - - - - - - -
12 Alessandro Alleyway - - - - - - -
13 Alessandro Alleyway - - - - - - -
14 Alessandro Alleyway 3,514 - - - - - -
15 Trustee Services - - - - - - -
16 Disclosure Services - - - - - - -
17 Legal Services - - - - - - -
18 Legal Services - - - - - - -
19 Professional Association - - - - - - -
20 Auditing Services - - - - - - -
21 Reporting Services - - - - - - -
22 Banking Services - - - - - - -
23 Liability Insurance - - - - - - -
24 Facilities Lease - - - - - - -
25 Pass-thru Trust Account
Obligations - - - - - - -
26 Energy Independence
Program - - - - - - -
27 Carrying Costs - Agency
Property - - - - - - -
28 Carrying Costs - Agency
Property - - - - - - -
29 El Paseo Revitlization 168,558 - - - - - -
30 Project Area Administration
- - - - - - -
31 Vested Pension Obligation-
CalPERS - - - 213,425 213,425 213,425 213,425 - -
32 Stipulated Judgement Case
No. 51124 - - - 2,103,980 2,103,980 2,103,980 2,103,980 - -
33 Replacement Reserve
Fund - - - - - - -
34 FW Drive Widening
Improvements 18,515 - - - - - -
35 FW Drive Widening
Improvements 2,631 - - - - - -
36 FW Drive Widening
Improvements 4,568 - - - - - -
37 FW Drive Widening
Improvements 10,668 - - - - - -
38 Portola Wall & Sidewalk
Imps 25,495 - - - - - -
39 PDHA Property
Management - - - - - - -
SA Comments
Recognized Obligation Payment Schedule (ROPS 14-15B) - Report of Prior Period Adjustments
Reported for the ROPS 13-14B (January 1, 2014 through June 30, 2014) Period Pursuant to Health and Safety Code (HSC) section 34186 (a)
(Report Amounts in Whole Dollars)
ROPS 13-14B Successor Agency (SA) Self-reported Prior Period Adjustments (PPA): Pursuant to HSC Section 34186 (a), SAs are required to report the differences between their actual available funding and their actual expenditures for the ROPS 13-14B (January through June 2014) period. The amount of Redevelopment Property Tax Trust Fund (RPTTF) approved for the ROPS
14-15B (January through June 2015) period will be offset by the SA’s self-reported ROPS 13-14B prior period adjustment. HSC Section 34186 (a) also specifies that the prior period adjustments self-reported by SAs are subject to audit by the county auditor-controller (CAC) and the State Controller.
Item #
Project Name / Debt
Obligation
Non-RPTTF Expenditures
Non-Admin AdminBond Proceeds Reserve Balance Other Funds
RPTTF Expenditures
A B C D E F G H I J K L M N O P Q R S T
Net SA Non-Admin
and Admin PPA
(Amount Used to
Offset ROPS 14-15B
Requested RPTTF)
Authorized Actual Authorized Actual Authorized Actual Authorized
Available
RPTTF
(ROPS 13-14B
distributed + all other
available as of
01/1/14)
Net Lesser of
Authorized /
Available Actual
Difference
(If K is less than L,
the difference is
zero) Authorized
Available
RPTTF
(ROPS 13-14B
distributed + all other
available as of
01/1/14)
Net Lesser of
Authorized /
Available Actual
Difference
(If total actual
exceeds total
authorized, the
total difference is
zero)
Net Difference
(M+R)
31,077,457$ 16,555,327$ 300,000$ 300,000$ 50,000$ -$ 21,281,497$ 21,281,497$ 21,281,497$ 21,043,827$ 237,670$ 656,445$ 656,445$ $ 656,445 656,029$ 416$ 238,086$
SA Comments
Recognized Obligation Payment Schedule (ROPS 14-15B) - Report of Prior Period Adjustments
Reported for the ROPS 13-14B (January 1, 2014 through June 30, 2014) Period Pursuant to Health and Safety Code (HSC) section 34186 (a)
(Report Amounts in Whole Dollars)
ROPS 13-14B Successor Agency (SA) Self-reported Prior Period Adjustments (PPA): Pursuant to HSC Section 34186 (a), SAs are required to report the differences between their actual available funding and their actual expenditures for the ROPS 13-14B (January through June 2014) period. The amount of Redevelopment Property Tax Trust Fund (RPTTF) approved for the ROPS
14-15B (January through June 2015) period will be offset by the SA’s self-reported ROPS 13-14B prior period adjustment. HSC Section 34186 (a) also specifies that the prior period adjustments self-reported by SAs are subject to audit by the county auditor-controller (CAC) and the State Controller.
Item #
Project Name / Debt
Obligation
Non-RPTTF Expenditures
Non-Admin AdminBond Proceeds Reserve Balance Other Funds
RPTTF Expenditures
40 PDHA Properties - - - - - - -
41 PDHA Properties - - - - - - -
42 PDHA Property
Maintenance - - - - - - -
43 Agency Owned Properties - - 50,000 - 119,000 119,000 119,000 49,253 69,747 69,747
44 Additional Disclosures on
TAB's - - - 700 700 700 700 700
45 Bond Project Overhead
Costs 819,843 - - - - - -
46 Alessandro Alley Frontage
Rd Imps 500,000 181,232 - - - - - -
47 Core Commercial Parking
Improvements 1,000,000 - - - - - -
48 President's Plaza Parking
Lot Imps 500,000 - - - - - -
49 Undergrounding Utilities 400,000 - - - - - -
50 Portola Avenue Widening 500,000 - - - - - -
51 NSP Rehabilitation - - - - - - -
52 Santa Rosa Apartments - - - - - - -
53 Civic Center Park
Community Recreation
Center Lease - - - - - - -
54 Alessandro Alleyway - - - - - - -
55 2002 Tax Allocation
Refunding Bond Issue -
$17,310,000 - - - 1,097,409 1,097,409 1,097,409 1,097,407 2 2
56 2003 Tax Allocation Bond
Issue - $15,745,000 - - - 384,503 384,503 384,503 384,499 4 4
57 2006 Tax Allocation Bond
Issue - $67,618,273 - - - 3,222,306 3,222,306 3,222,306 3,215,730 6,576 6,576
58 County CIP
Reimbursement for 88/89
and 90/91 - - - - - - -
59 North Sphere Hotel land - - - - - - -
60 North Sphere Property
Acquisition - - - - - - -
61 City Loan for formation of
Project Area No. 2- 1986 - - - - - - -
62 L/M Housing Loan - - - - - - -
63 Fire Station Renovation - - - - - - -
64 North Sphere Fire Station 8,750 - - - - - -
65 North Sphere Fire Station - - - - - - -
66 Cal State University
Infrastructure - - - - - - -
67 Cal State University
Infrastructure - - - - - - -
68 Aquatic Facility 96,234 - - - - - -
69 Aquatic Facility 313 - - - - - -
70 Aquatic Facility 887,176 886,546 - - - - - -
71 Aquatic Facility 1 - - - - - -
72 Aquatic Facility - - - - - - -
73 Aquatic Facility - - - - - - -
74 Aquatic Facility - - - - - - -
75 Trustee Services - - - - - - -
76 Disclosure Services - - - - - - -
77 Legal Services - - - - - - -
78 Legal Services - - - - - - -
79 Professional Association - - - - - - -
80 Auditing Services - - - - - - -
81 Aquatic Facility - - - - - - -
82 Well Sites 667,246 - - - - - -
83 Public Safety Academy
Reimb - - - - - - -
A B C D E F G H I J K L M N O P Q R S T
Net SA Non-Admin
and Admin PPA
(Amount Used to
Offset ROPS 14-15B
Requested RPTTF)
Authorized Actual Authorized Actual Authorized Actual Authorized
Available
RPTTF
(ROPS 13-14B
distributed + all other
available as of
01/1/14)
Net Lesser of
Authorized /
Available Actual
Difference
(If K is less than L,
the difference is
zero) Authorized
Available
RPTTF
(ROPS 13-14B
distributed + all other
available as of
01/1/14)
Net Lesser of
Authorized /
Available Actual
Difference
(If total actual
exceeds total
authorized, the
total difference is
zero)
Net Difference
(M+R)
31,077,457$ 16,555,327$ 300,000$ 300,000$ 50,000$ -$ 21,281,497$ 21,281,497$ 21,281,497$ 21,043,827$ 237,670$ 656,445$ 656,445$ $ 656,445 656,029$ 416$ 238,086$
SA Comments
Recognized Obligation Payment Schedule (ROPS 14-15B) - Report of Prior Period Adjustments
Reported for the ROPS 13-14B (January 1, 2014 through June 30, 2014) Period Pursuant to Health and Safety Code (HSC) section 34186 (a)
(Report Amounts in Whole Dollars)
ROPS 13-14B Successor Agency (SA) Self-reported Prior Period Adjustments (PPA): Pursuant to HSC Section 34186 (a), SAs are required to report the differences between their actual available funding and their actual expenditures for the ROPS 13-14B (January through June 2014) period. The amount of Redevelopment Property Tax Trust Fund (RPTTF) approved for the ROPS
14-15B (January through June 2015) period will be offset by the SA’s self-reported ROPS 13-14B prior period adjustment. HSC Section 34186 (a) also specifies that the prior period adjustments self-reported by SAs are subject to audit by the county auditor-controller (CAC) and the State Controller.
Item #
Project Name / Debt
Obligation
Non-RPTTF Expenditures
Non-Admin AdminBond Proceeds Reserve Balance Other Funds
RPTTF Expenditures
84 Project Area Administration
- - - - - - -
85 Vested Pension Obligation-
CalPERS - - - 57,105 57,105 57,105 57,105 - -
86 Stipulated Judgement Case
No. 51124 - - - 562,650 562,650 562,650 562,650 - -
87 PDHA Property
Management - - - - - - -
88 PDHA Properties - - - - - - -
89 PDHA Properties - - - - - - -
90 Replacement Reserve
Fund - - - - - - -
91 Monterey @ I-10 Imps 500 - - - - - -
92 Monterey @ I-10 Imps - - - - - - -
93 Monterey @ I-10 Imps 2,484 - - - - - -
94 Monterey @ I-10 Imps 8,930 - - - - - -
95 Monterey @ I-10 Imps 137,123 - - - - - -
96 Portola @ I-10 Imps 13,747 - - - - - -
97 Reporting Services - - - - - - -
98 Liability Insurance - - - - - - -
99 Pass-thru Trust Account
Obligations - - - - - - -
100 Additional Disclosures on
TAB's - - - 300 300 300 300 300
101 Banking Services - - - - - - -
102 Bond Project Overhead
Costs 1,514,879 - - - - - -
103 North Sphere Fire Station 50,000 - - - - - -
104 Monterey Ave On/Off
Ramp Imps 500,000 - - - - - -
105 Portola @ I-10 Imps 6,800,000 6,800,000 - - - - - -
106 Undergrounding Utilities - - - - - - -
107 2003 Tax Allocation Bond
Issue - $4,745,000 - - - 86,636 86,636 86,636 86,607 29 29
108 2006 Tax Allocation Bond
Issue - $15,029,526 - - - 266,938 266,938 266,938 266,881 57 57
109 L/M Housing Loan - - - - - - -
110 Cook Street Widening 65,247 - - - - - -
111 Cook Street Widening - - - - - - -
112 Cook Street Widening - - - - - - -
113 Cook Street Widening - - - - - - -
114 Cook Street Widening - - - - - - -
115 Cook Street Widening - - - - - - -
116 Public Safety Academy
Reimb - - - - - - -
117 Project Area Administration
- - - - - - -
118 Vested Pension Obligation-
CalPERS - - - 15,518 15,518 15,518 15,518 - -
119 Stipulated Judgement Case
No. 51124 - - - 157,086 157,086 157,086 157,086 - -
120 Replacement Reserve
Fund - - - - - - -
121 PDHA Property
Management - - - - - - -
122 PDHA Properties - - - - - - -
123 PDHA Properties - - - - - - -
124 Trustee Services - - - - - - -
125 Disclosure Services - - - - - - -
126 Legal Services - - - - - - -
127 Legal Services - - - - - - -
128 Professional Association - - - - - - -
129 Auditing Services - - - - - - -
A B C D E F G H I J K L M N O P Q R S T
Net SA Non-Admin
and Admin PPA
(Amount Used to
Offset ROPS 14-15B
Requested RPTTF)
Authorized Actual Authorized Actual Authorized Actual Authorized
Available
RPTTF
(ROPS 13-14B
distributed + all other
available as of
01/1/14)
Net Lesser of
Authorized /
Available Actual
Difference
(If K is less than L,
the difference is
zero) Authorized
Available
RPTTF
(ROPS 13-14B
distributed + all other
available as of
01/1/14)
Net Lesser of
Authorized /
Available Actual
Difference
(If total actual
exceeds total
authorized, the
total difference is
zero)
Net Difference
(M+R)
31,077,457$ 16,555,327$ 300,000$ 300,000$ 50,000$ -$ 21,281,497$ 21,281,497$ 21,281,497$ 21,043,827$ 237,670$ 656,445$ 656,445$ $ 656,445 656,029$ 416$ 238,086$
SA Comments
Recognized Obligation Payment Schedule (ROPS 14-15B) - Report of Prior Period Adjustments
Reported for the ROPS 13-14B (January 1, 2014 through June 30, 2014) Period Pursuant to Health and Safety Code (HSC) section 34186 (a)
(Report Amounts in Whole Dollars)
ROPS 13-14B Successor Agency (SA) Self-reported Prior Period Adjustments (PPA): Pursuant to HSC Section 34186 (a), SAs are required to report the differences between their actual available funding and their actual expenditures for the ROPS 13-14B (January through June 2014) period. The amount of Redevelopment Property Tax Trust Fund (RPTTF) approved for the ROPS
14-15B (January through June 2015) period will be offset by the SA’s self-reported ROPS 13-14B prior period adjustment. HSC Section 34186 (a) also specifies that the prior period adjustments self-reported by SAs are subject to audit by the county auditor-controller (CAC) and the State Controller.
Item #
Project Name / Debt
Obligation
Non-RPTTF Expenditures
Non-Admin AdminBond Proceeds Reserve Balance Other Funds
RPTTF Expenditures
130 Reporting Services - - - - - - -
131 Pass-thru Trust Account
Obligations - - - - - - -
132 Additional Disclosures on
TAB's - - - 200 200 200 200 200
133 Liability Insurance - - - - - - -
134 Banking Services - - - - - - -
135 Bond Project Overhead
Costs 767,158 - - - - - -
136 Portola Avenue On/Off
Ramp Construction 8,200,000 8,200,000 - - - - - -
137 Undergrounding Utilities 50,000 - - - - - -
138 Portola Avenue Widening 50,000 - - - - - -
139 Falcon Crest Lot K - - - - - - -
140 1998 $11,020,000 Tax
Allocation Bond Issue - - - 562,031 562,031 562,031 562,010 21 21
141 2001 $15,695,000 Tax
Allocation Bond Issue - - - 671,088 671,088 671,088 671,046 42 42
142 2006 $19,273,089 Tax
Allocation Bond Issue - - - 1,046,910 1,046,910 1,046,910 1,046,870 40 40
143 L/M Housing Fund Loan - - - - - - -
144 PA 4 Public Improvements 9,854 - - - - - -
145 PA 4 Public Improvements 7,420 - - - - - -
146 PD Country Club
Undergrounding 15,058 - - - - - -
147 Trustee Services - - - - - - -
148 Disclosure Services - - - - - - -
149 Legal Services - - - - - - -
150 Legal Services - - - - - - -
151 Professional Association - - - - - - -
152 Auditing Services - - - - - - -
153 Reporting Services - - - - - - -
154 Liability Insurance - - - - - - -
155 Banking Services - - - - - - -
156 Hovley Retention Basin - - - - - - -
157 Affordable Housing-Carlos
Ortega Villas 229,672 122,403 - - - - - -
158 Project Area Administration
- - - - - - -
159 Vested Pension Obligation-
CalPERS - - - 50,072 50,072 50,072 50,072 - -
160 Stipulated Judgement Case
No. 51124 - - - 492,318 492,318 492,318 492,318 - -
161 Replacement Reserve
Fund - - - - - - -
162 PDHA Property
Management - - - - - - -
163 PDHA Properties - - - - - - -
164 PDHA Properties - - - - - - -
165 Additional Disclosures on
TAB's - - - 300 300 300 300 300
166 Pass-thru Trust Account
Obligations - - - - - - -
167 Public Safety Academy
Reimb - - - - - - -
168 Carlos Ortega Villas 42,000 - - - - - -
169 NSP Rehabilitation - - - - - - -
170 Bond Project Overhead
Costs 1,074,873 - - - - - -
171 Carlos Ortega Villas 1,000,000 145,146 - - - - - -
172 Desert Pointe
Rehabilitation 50,000 - - - - - -
173 Undergrounding Utilities - - - - - - -
A B C D E F G H I J K L M N O P Q R S T
Net SA Non-Admin
and Admin PPA
(Amount Used to
Offset ROPS 14-15B
Requested RPTTF)
Authorized Actual Authorized Actual Authorized Actual Authorized
Available
RPTTF
(ROPS 13-14B
distributed + all other
available as of
01/1/14)
Net Lesser of
Authorized /
Available Actual
Difference
(If K is less than L,
the difference is
zero) Authorized
Available
RPTTF
(ROPS 13-14B
distributed + all other
available as of
01/1/14)
Net Lesser of
Authorized /
Available Actual
Difference
(If total actual
exceeds total
authorized, the
total difference is
zero)
Net Difference
(M+R)
31,077,457$ 16,555,327$ 300,000$ 300,000$ 50,000$ -$ 21,281,497$ 21,281,497$ 21,281,497$ 21,043,827$ 237,670$ 656,445$ 656,445$ $ 656,445 656,029$ 416$ 238,086$
SA Comments
Recognized Obligation Payment Schedule (ROPS 14-15B) - Report of Prior Period Adjustments
Reported for the ROPS 13-14B (January 1, 2014 through June 30, 2014) Period Pursuant to Health and Safety Code (HSC) section 34186 (a)
(Report Amounts in Whole Dollars)
ROPS 13-14B Successor Agency (SA) Self-reported Prior Period Adjustments (PPA): Pursuant to HSC Section 34186 (a), SAs are required to report the differences between their actual available funding and their actual expenditures for the ROPS 13-14B (January through June 2014) period. The amount of Redevelopment Property Tax Trust Fund (RPTTF) approved for the ROPS
14-15B (January through June 2015) period will be offset by the SA’s self-reported ROPS 13-14B prior period adjustment. HSC Section 34186 (a) also specifies that the prior period adjustments self-reported by SAs are subject to audit by the county auditor-controller (CAC) and the State Controller.
Item #
Project Name / Debt
Obligation
Non-RPTTF Expenditures
Non-Admin AdminBond Proceeds Reserve Balance Other Funds
RPTTF Expenditures
174 Buydown Subsidies for Low-
Mod Housing - - - - - - -
175 Sagecrest Rehabilitation 50,000 - - - - - -
176 Project Area 1 Reserve for
DS - - - - - - -
177 North Sphere Property
Acquisition - - - - - - -
178 North Sphere Property
Acquisition - - - - - - -
179 North Sphere Property
Acquisition - - - - - - -
180 El Paseo Multi Use
Community Center 1,700,000 - - - - - -
181 North Sphere Regional
Park 100,000 - - - - - -
182 Public Parking Facility 50,000 - - - - - -
183 President's Plaza Parking
Lot Imps 300,000 - - - - - -
184 Community Facilities and
Public Infrastructure 500,000 100,000 - - - - - -
185 Drainage Improvements 50,000 - - - - - -
186 CLO Villas/Traffic Circle
Improvements 2,000,000 - - - - - -
187 Las Serenas Expansion 5,000 - - - - - -
188 El Paseo Revitalization 120,000 120,000 - - - - - -
189 Project Area Administration
- - - - - - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
Item #Notes/Comments
Recognized Obligation Payment Schedule (ROPS 14-15B) - Notes
January 1, 2015 through June 30, 2015