HomeMy WebLinkAboutOB Approved ROPS4 for Palm Desert Form 1314AName of Successor Agency:
Outstanding Debt or Obligation Total
Total Outstanding Debt or Obligation $819,248,799
Current Period Outstanding Debt or Obligation Six-Month Total
A $2,851,036
B $22,505,081
C $675,152
D $23,180,233
E Total Current Period Outstanding Debt or Obligation (A + B + C = E) Should be same amount as ROPS form six-month total $26,031,269
F $23,227,727
G $47,494
Prior Period (July 1, 2012 through December 31, 2012) Estimated vs. Actual Payments (as required in HSC section 34186 (a))
H $20,911,971
I $20,345,497
J Enter Actual Administrative Expenses Paid with RPTTF $566,474
K Adjustment to Redevelopment Obligation Retirement Fund (H - (I + J) = K)$0
L Adjustment to RPTTF (D - K = L)$23,180,233
Certification of Oversight Board Chairman:
Pursuant to Section 34177(m) of the Health and Safety code,Name Title
I hereby certify that the above is a true and accurate Recognized
Obligation Payment Schedule for the above named agency./s/
Signature Date
Enter Actual Obligations Paid with RPTTF
Administrative Allowance Funded with RPTTF
Total RPTTF Funded (B + C = D)
Enter Total Six-Month Anticipated RPTTF Funding
Variance (F - D = G) Maximum RPTTF Allowable should not exceed Total Anticipated RPTTF Funding
Enter Estimated Obligations Funded by RPTTF (lesser of Finance’s approved RPTTF amount including admin allowance or the actual amount distributed)
SUMMARY OF RECOGNIZED OBLIGATION PAYMENT SCHEDULE
Filed for the July 1, 2013 to December 31, 2013 Period
Available Revenues Other Than Anticipated RPTTF Funding
Enforceable Obligations Funded with RPTTF
PALM DESERT (RIVERSIDE)
Oversight Board Approval Date:
Bond Proceeds Reserve Balance Admin Allowance RPTTF Other Six-Month Total
$819,248,799 $48,122,868 $2,851,036 $0 $675,152 $22,505,081 $0 $26,031,269
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 36,971,835 1,114,665 0 0 0 557,333 0 557,333
2 2003 Tax Allocation Bond Issue -
$19,000,000
7/15/2003 4/1/2030 Wells Fargo Bank Semi-Annual Debt Service Payment 1 33,342,500 950,000 0 0 0 475,000 0 475,000
3 2004 Tax Allocation Bond Issue -
$24,945,000
6/9/2004 4/1/2025 Wells Fargo Bank Semi-Annual Debt Service Payment 1 21,807,600 1,986,988 0 0 0 1,598,494 0 1,598,494
4 2006 Tax Allocation Bond Issue -
$62,320,000
6/22/2006 4/1/2030 Wells Fargo Bank Semi-Annual Debt Service Payment 1 64,310,296 5,167,240 0 0 0 3,956,120 0 3,956,120
5 2007 Tax Allocation Bond Issue -
$32,600,000
12/13/2006 4/1/2018 Wells Fargo Bank Semi-Annual Debt Service Payment 1 19,529,000 3,894,500 0 0 0 3,497,250 0 3,497,250
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 0 0 0 0 0 0 0 0
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 14,535,592 765,849 0 0 0 219,724 0 219,724
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 86,546,781 8,317,063 0 0 0 1,475,594 0 1,475,594
9 Indian Springs Stipulated Agreement 2/27/2009 2/27/2039 Indian Springs Mobilehome Park Judgement related to ISMHP 1 6,000,000 139,668 0 0 0 69,834 0 69,834
10 L/M Housing Fund Loan 6/30/2010 6/30/2015 Palm Desert Housing Authority 2009/10 SERAF Loan Repayment 1 0 0 0 0 0 0 0 0
11 Fire Station Renovation 2/24/2011 1/19/2012 Penta Building Group Payments per existing contract for renovations at Fire Stn
#33.
1 0 0 0 0 0 0 0 0
12 Alessandro Alleyway 3/29/2011 9/1/2011 Wood Rodgers Inc.Payments per existing contract for public parking
improvements along commercial corridor.
1 0 0 0 0 0 0 0 0
13 Alessandro Alleyway 12/29/2010 10/13/2011 The Altum Group Payments per existing contract for public parking
improvements along commercial corridor.
1 0 0 0 0 0 0 0 0
14 Alessandro Alleyway 2/28/2011 Prest Vuksic Architects Payments per existing contract for public parking
improvements along commercial corridor.
1 3,514 3,514 3,514 0 0 0 0 3,514
15 Trustee Services 5/13/2011 Wells Fargo Bank Payments per existing contract for professional services.1 329,010 16,694 0 0 8,347 0 0 8,347
16 Disclosure Services Willdan Payments per existing contract for professional services.1 370,445 18,796 0 0 9,398 0 0 9,398
17 Legal Services 9/1/2009 8/31/2014 Richards, Watson & Gershon Payments per existing contract for professional services.1 2,226,383 112,965 0 0 56,483 0 0 56,483
18 Legal Services 9/1/2009 8/31/2014 Best-Best & Krieger Payments per existing contract for professional services.1 152,136 7,719 0 0 3,860 0 0 3,860
19 Professional Association California Redevelopment
Association
Payments per existing contract for professional services.1 0 0 0 0 0 0 0 0
20 Auditing Services 6/30/2008 6/30/2014 Diehl, Evans & Co.Payments per existing contract for professional services.1 265,929 13,493 0 0 6,747 0 0 6,747
21 Reporting Services Redevelopment Reporting
Solutions
Payments per existing contract for professional services.1 0 0 0 0 0 0 0 0
22 Banking Services 3/11/2010 3/11/2015 Union Bank of California Payments per existing contract for professional services.1 24,738 1,255 0 0 628 0 0 628
23 Liability Insurance 8/24/1995 California JPIA Payments per existing contract for professional services.1 2,052 498 0 0 498 0 0 498
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.
1 194,181 67,992 0 0 33,996 0 0 33,996
25 Pass-thru Trust Account Obligations 11/25/2032 Palm Desert Taxing Entities Balances in trust per negotiated pass-thru agreements 1 0 0 0 0 0 0 0 0
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 0 0 0 0 0 0 0 0
27 Carrying Costs - Agency Property Guzman Gardening Payments for existing contract services related to Agency
owned property.
1 0 0 0 0 0 0 0 0
28 Carrying Costs - Agency Property 2/10/2011 Overland Pacific & Cutler Payments for existing contract services related to Agency
owned property.
1 0 0 0 0 0 0 0 0
29 El Paseo Revitlization 7/10/2008 Forma Design, Inc Payments for existing contract for public improvements in
the central business district and commercial corridor.
1 168,558 168,558 168,558 0 0 0 0 168,558
30 Project Area Administration 11/25/2032 Various Allowable Costs per Admin Plan-staff, utililities, professional
services, etc.
1 5,144,993 483,448 0 0 241,724 0 0 241,724
31 Vested Employee Benefit Obligation 11/25/2032 RDA Assigned Employees Obligation based on accrued leaves and current MOU.1 2,158,050 107,902 0 0 53,951 0 0 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 55,655,329 4,119,211 0 0 0 3,925,053 0 3,925,053
33 Replacement Reserve Fund 2/10/2011 Palm Desert Housing Authority 1,100 Affordable Housing Apt Comp's 1 7,452,028 1,635,381 0 0 0 0 0 0
PALM DESERT (RIVERSIDE)
RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS 13-14A)
July 1, 2013 through December 31, 2013
Project Area
Total Outstanding
Debt or Obligation
Total Due During
Fiscal Year
2013-14
Funding Source
Item #Description/Project ScopePayee
Contract/Agreement
Termination Date
Contract/Agreement
Execution DateProject Name / Debt Obligation
Oversight Board Approval Date:
Bond Proceeds Reserve Balance Admin Allowance RPTTF Other Six-Month Total
PALM DESERT (RIVERSIDE)
RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS 13-14A)
July 1, 2013 through December 31, 2013
Project Area
Total Outstanding
Debt or Obligation
Total Due During
Fiscal Year
2013-14
Funding Source
Item #Description/Project ScopePayee
Contract/Agreement
Termination Date
Contract/Agreement
Execution DateProject Name / Debt Obligation
34 FW Drive Widening Improvements 5/27/2010 Kimley Horne & Associates Payments on existing contracts for street improvements
along Fred Waring Drive.
1 18,515 18,515 18,515 0 0 0 0 18,515
35 FW Drive Widening Improvements 9/10/2009 VA Consulting Payments on existing contracts for street improvements
along Fred Waring Drive.
1 2,631 2,631 2,631 0 0 0 0 2,631
36 FW Drive Widening Improvements 11/3/2009 Ecorp Consulting Payments on existing contracts for street improvements
along Fred Waring Drive.
1 4,568 4,568 4,568 0 0 0 0 4,568
37 FW Drive Widening Improvements 4/28/2011 NAI Consulting Payments on existing contracts for street improvements
along Fred Waring Drive.
1 10,668 10,668 10,668 0 0 0 0 10,668
38 Portola Wall & Sidewalk Imps 5/22/2008 David Evans & Associates Payments on existing contract for public improvements
relative to the Portola Avenue Wall and Sidewalk Relocation
project.
1 25,495 25,495 25,495 0 0 0 0 25,495
39 PDHA Property Management 9/23/2010 12/31/2012 RPM Company Payment on existing contract for Housing Authority property
management.
1 0 0 0 0 0 0 0 0
40 PDHA Properties 2/24/2011 6/30/2012 Andy's Landscape and Tree Payment on existing contract for Housing Authority property
maintenance.
1 0 0 0 0 0 0 0 0
41 PDHA Properties 3/10/2011 6/30/2012 West Coast Arborist Payment on existing contract for Housing Authority property
maintenance.
1 0 0 0 0 0 0 0 0
42 PDHA Property Maintenance Utilities, Maint Services, HOA
Dues, Etc.
Payment on existing contract for Housing Authority property
maintenance -SR
1 0 0 0 0 0 0 0 0
43 Agency Owned Properties Utilities, Maint Services, HOA
Dues, Etc.
Agency owned properties monthly carrying costs prior to
disposition.
1 367,500 105,000 0 0 0 52,500 0 52,500
44 Additional Disclosures on TAB's 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 4,900 1,400 0 0 0 700 0 700
45 Bond Project Overhead Costs Various Costs associated with administration of bond
funded projects.
1 1,021,697 11,697 11,697 0 0 0 0 11,697
46 Alessandro Alley Frontage Rd Imps 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 0 0 0 0 0 0 0 0
47 Core Commercial Parking Improvements 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 0 0 0 0 0 0 0 0
48 President's Plaza Parking Lot Imps 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 0 0 0 0 0 0 0 0
49 Undergrounding Utilities 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 0 0 0 0 0 0 0 0
50 Portola Avenue Widening 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 0 0 0 0 0 0 0 0
51 NSP Rehabilitation 1/27/2011 Mostar Heavy Equipment Corp Payments on existing contract for Rehab/Resale of Single
Family Dwelling
1 0 0 0 0 0 0 0 0
52 Santa Rosa Apartments 12/9/1999 1/1/2015 Utilities, Maint Services, Etc.Per contract dated 1/1/00 1 0 0 0 0 0 0 0 0
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 0 0 0 0 0 0 0
54 Alessandro Alleyway 5/7/2012 7/18/2012 The Land Stewards Agency owned properties carrying costs prior to disposition.1 0 0 0 0 0 0 0 0
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 13,108,449 1,307,353 0 0 0 227,409 0 227,409
56 2003 Tax Allocation Bond Issue -
$15,745,000
3/12/2003 8/1/2033 Wells Fargo Bank Semi-Annual Debt Service Payment 2 28,283,353 769,006 0 0 0 384,503 0 384,503
57 2006 Tax Allocation Bond Issue -
$67,618,273
6/27/2006 8/1/2036 Wells Fargo Bank Semi-Annual Debt Service Payment 2 104,281,609 4,034,800 0 0 0 947,306 0 947,306
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 0 0 0 0 0 0 0 0
59 North Sphere Hotel land 3/23/1995 7/15/2038 City of Palm Desert Balance due Property Acquisition 2 0 0 0 0 0 0 0 0
60 North Sphere Property Acquisition 3/13/1997 7/15/2038 City of Palm Desert Loan for Property Acquisition 2 0 0 0 0 0 0 0 0
Oversight Board Approval Date:
Bond Proceeds Reserve Balance Admin Allowance RPTTF Other Six-Month Total
PALM DESERT (RIVERSIDE)
RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS 13-14A)
July 1, 2013 through December 31, 2013
Project Area
Total Outstanding
Debt or Obligation
Total Due During
Fiscal Year
2013-14
Funding Source
Item #Description/Project ScopePayee
Contract/Agreement
Termination Date
Contract/Agreement
Execution DateProject Name / Debt Obligation
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 0 0 0 0 0 0 0 0
62 L/M Housing Loan 6/30/2010 6/30/2015 Palm Desert Housing Authority 2009/10 SERAF Loan Repayment 2 0 0 0 0 0 0 0 0
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 0 0 0 0 0 0 0 0
64 North Sphere Fire Station 1/29/2008 Rudy Acosta Payments on existing contracts related to a newly
constructed fire station to serve the North area.
2 8,750 8,750 8,750 0 0 0 0 8,750
65 North Sphere Fire Station 9/9/2008 MSA Consulting Payments on existing contracts related to a newly
constructed fire station to serve the North area.
2 0 0 0 0 0 0 0 0
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 0 0 0 0 0 0 0 0
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 0 0 0 0 0 0 0 0
68 Aquatic Facility 12/10/2009 Gould Evans Associates, LLC Payments on existing contracts related to the
Aquatic/Community Facility.
2 96,234 96,234 96,234 0 0 0 0 96,234
69 Aquatic Facility 10/7/2010 Planit Reprographics Payments on existing contracts related to the
Aquatic/Community Facility.
2 313 313 313 0 0 0 0 313
70 Aquatic Facility 9/9/2010 ASR Contructors Payments on existing contracts related to the
Aquatic/Community Facility.
2 887,176 887,176 887,176 0 0 0 0 887,176
71 Aquatic Facility 10/28/2010 Converese Consultants Payments on existing contracts related to the
Aquatic/Community Facility.
2 1 1 1 0 0 0 0 1
72 Aquatic Facility 9/9/2010 ASR Contructors Payments on existing contracts related to the
Aquatic/Community Facility.
2 0 0 0 0 0 0 0 0
73 Aquatic Facility 5/13/2011 6/20/2012 David Moore & Co.Payments on existing contracts related to the
Aquatic/Community Facility.
2 0 0 0 0 0 0 0 0
74 Aquatic Facility 6/8/2011 7/15/2011 Desert Alarm, Inc.Payments on existing contracts related to the
Aquatic/Community Facility.
2 0 0 0 0 0 0 0 0
75 Trustee Services 5/13/2011 Wells Fargo Bank Payments per existing contract for professional services.2 102,479 5,200 0 0 2,600 0 0 2,600
76 Disclosure Services Willdan Payments per existing contract for professional services.2 115,385 5,855 0 0 2,927 0 0 2,927
77 Legal Services 9/1/2009 8/31/2014 Richards, Watson & Gershon Payments per existing contract for professional services.2 693,464 35,186 0 0 17,593 0 0 17,593
78 Legal Services 9/1/2009 8/31/2014 Best-Best & Krieger Payments per existing contract for professional services.2 47,387 2,404 0 0 1,202 0 0 1,202
79 Professional Association California Redevelopment
Association
Payments per existing contract for professional services.2 0 0 0 0 0 0 0 0
80 Auditing Services 6/30/2008 6/30/2014 Diehl, Evans & Co.Payments per existing contract for professional services.2 82,830 4,203 0 0 2,101 0 0 2,101
81 Aquatic Facility 7/8/2011 MG Lighting & Electric Payments on existing contracts related to the
Aquatic/Community Facility.
2 0 0 0 0 0 0 0 0
82 Well Sites 11/14/1996 CVWD Payments on existing contracts related to the North area
required future well sites.
2 667,246 667,246 667,246 0 0 0 0 667,246
83 Public Safety Academy Reimb 3/27/2008 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 0 0 0 0 0 0 0 0
84 Project Area Administration 7/15/2038 Various Allowable Costs per Admin Plan-staff, utililities, professional
services, etc.
2 5,444,799 150,582 0 0 90,818 0 0 90,818
85 Vested Employee Benefit Obligation 7/15/2038 RDA Assigned Employees Obligation based on accrued leaves and current MOU.2 672,179 33,609 0 0 16,805 0 0 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 68,256,878 1,189,527 0 0 0 1,133,456 0 1,133,456
87 PDHA Property Management 9/23/2010 12/31/2012 RPM Company Payments on existing contract for the Housing Authority
property management.
2 0 0 0 0 0 0 0 0
88 PDHA Properties 2/24/2011 6/30/2012 Andy's Landscape and Tree Payments on existing contract for Housing Authority property
maintenance.
2 0 0 0 0 0 0 0 0
89 PDHA Properties 3/10/2011 6/30/2012 West Coast Arborist Payments on existing contract for Housing Authority property
maintenance.
2 0 0 0 0 0 0 0 0
90 Replacement Reserve Fund 2/10/2011 Palm Desert Housing Authority 1,100 Affordable Housing Apt Comp's 2 1,562,967 378,718 0 0 0 0 0 0
91 Monterey @ I-10 Imps 3/20/2012 NAI Consulting Payments on existing contracts for the street improvements
related to arterial access inbound and outbound from
Interstate 10 on Monterey.
2 0 0 0 0 0 0 0 0
Oversight Board Approval Date:
Bond Proceeds Reserve Balance Admin Allowance RPTTF Other Six-Month Total
PALM DESERT (RIVERSIDE)
RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS 13-14A)
July 1, 2013 through December 31, 2013
Project Area
Total Outstanding
Debt or Obligation
Total Due During
Fiscal Year
2013-14
Funding Source
Item #Description/Project ScopePayee
Contract/Agreement
Termination Date
Contract/Agreement
Execution DateProject Name / Debt Obligation
92 Monterey @ I-10 Imps 3/4/2004 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 0 0 0 0 0 0 0 0
93 Monterey @ I-10 Imps 4/17/2012 Overland Pacific & Cutler Payments on existing contracts for the street improvements
related to arterial access inbound and outbound from
Interstate 10 on Monterey.
2 0 0 0 0 0 0 0 0
94 Monterey @ I-10 Imps 2/13/2009 LSA Associates Payments on existing contracts for the street improvements
related to arterial access inbound and outbound from
Interstate 10 on Monterey.
2 0 0 0 0 0 0 0 0
95 Monterey @ I-10 Imps 10/14/2004 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 0 0 0 0 0 0 0 0
96 Portola @ I-10 Imps 12/8/2005 Dokken Engineering Payments on existing contract related to the alignment of
Portola Avenue to connect with the proposed new
interchange on I-10.
2 13,747 13,747 13,747 0 0 0 0 13,747
97 Reporting Services Redevelopment Reporting
Solutions
Payments per existing contract for professional services.2 0 0 0 0 0 0 0 0
98 Liability Insurance 8/24/1995 California JPIA Payments per existing contract for professional services.2 639 155 0 0 155 0 0 155
99 Pass-thru Trust Account Obligations 7/15/2038 Palm Desert Taxing Entities Balances in trust per negotiated pass-thru agreements 2 0 0 0 0 0 0 0 0
100 Additional Disclosures on TAB's 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 2,100 600 0 0 0 300 0 300
101 Banking Services 3/11/2010 3/11/2015 Union Bank of California Payments per existing contract for professional services.2 7,705 391 0 0 195 0 0 195
102 Bond Project Overhead Costs Various Costs associated with administration of bond
funded projects.
2 2,329,089 83,673 83,673 0 0 0 0 83,673
103 North Sphere Fire Station 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 0 0 0 0 0 0 0 0
104 Monterey Ave On/Off Ramp Imps 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 0 0 0 0 0 0 0 0
105 Portola @ I-10 Imps 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 0 0 0 0 0 0 0 0
106 Undergrounding Utilities 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 0 0 0 0 0 0 0 0
107 2003 Tax Allocation Bond Issue - $4,745,000 7/21/2003 4/1/2033 Wells Fargo Bank Semi-Annual Debt Service Payment 3 5,909,301 297,953 0 0 0 208,976 0 208,976
108 2006 Tax Allocation Bond Issue -
$15,029,526
6/27/2006 4/1/2041 Wells Fargo Bank Semi-Annual Debt Service Payment 3 30,993,188 826,475 0 0 0 555,738 0 555,738
109 L/M Housing Loan 6/30/2010 6/30/2015 Palm Desert Housing Authority 2009/10 SERAF Loan Repayment 3 0 0 0 0 0 0 0 0
110 Cook Street Widening 2/24/2011 Cooley Construction Payments on existing contracts related to the infrastructure
improvements on Cook Street.
3 65,247 65,247 65,247 0 0 0 0 65,247
111 Cook Street Widening 2/12/2004 Harris & Associates Payments on existing contracts related to the infrastructure
improvements on Cook Street.
3 3 3 3 0 0 0 0 3
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 0 0 0 0 0 0 0 0
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 0 0 0 0 0 0 0 0
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 0 0 0 0 0 0 0 0
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 0 0 0 0 0 0 0 0
116 Public Safety Academy Reimb 3/27/2008 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 0 0 0 0 0 0 0 0
117 Project Area Administration 7/17/2042 Various Allowable Costs per Admin Plan-staff, utililities, professional
services, etc.
3 1,282,639 39,626 0 0 19,813 0 0 19,813
Oversight Board Approval Date:
Bond Proceeds Reserve Balance Admin Allowance RPTTF Other Six-Month Total
PALM DESERT (RIVERSIDE)
RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS 13-14A)
July 1, 2013 through December 31, 2013
Project Area
Total Outstanding
Debt or Obligation
Total Due During
Fiscal Year
2013-14
Funding Source
Item #Description/Project ScopePayee
Contract/Agreement
Termination Date
Contract/Agreement
Execution DateProject Name / Debt Obligation
118 Vested Employee Benefit Obligation 7/17/2042 RDA Assigned Employees Obligation based on accrued leaves and current MOU.3 176,889 8,844 0 0 4,422 0 0 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 18,159,244 330,738 0 0 0 315,149 0 315,149
120 Replacement Reserve Fund 2/10/2011 Palm Desert Housing Authority 1,100 Affordable Housing Apt Comp's 3 299,003 36,733 0 0 0 0 0 0
121 PDHA Property Management 9/23/2010 12/31/2012 RPM Company Payments on existing contract for Housing Authority Property
Management.
3 0 0 0 0 0 0 0 0
122 PDHA Properties 2/24/2011 6/30/2012 Andy's Landscape and Tree Payments on existing contract for Housing Authority Property
Maintenance.
3 0 0 0 0 0 0 0 0
123 PDHA Properties 3/10/2011 6/30/2012 West Coast Arborist Payments on existing contract for Housing Authority Property
Maintenance.
3 0 0 0 0 0 0 0 0
124 Trustee Services 5/13/2011 Wells Fargo Bank Payments per existing contract for professional services.3 26,968 1,368 0 0 684 0 0 684
125 Disclosure Services Willdan Payments per existing contract for professional services.3 30,364 1,541 0 0 770 0 0 770
126 Legal Services 9/1/2009 8/31/2014 Richards, Watson & Gershon Payments per existing contract for professional services.3 182,490 9,259 0 0 4,630 0 0 4,630
127 Legal Services 9/1/2009 8/31/2014 Best-Best & Krieger Payments per existing contract for professional services.3 12,470 633 0 0 316 0 0 316
128 Professional Association California Redevelopment
Association
Payments per existing contract for professional services.3 0 0 0 0 0 0 0 0
129 Auditing Services 6/30/2008 6/30/2014 Diehl, Evans & Co.Payments per existing contract for professional services.3 21,797 1,106 0 0 553 0 0 553
130 Reporting Services Redevelopment Reporting
Solutions
Payments per existing contract for professional services.3 0 0 0 0 0 0 0 0
131 Pass-thru Trust Account Obligations 7/17/2042 Palm Desert Taxing Entities Balances in trust per negotiated pass-thru agreements 3 0 0 0 0 0 0 0 0
132 Additional Disclosures on TAB's 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 1,400 400 0 0 0 200 0 200
133 Liability Insurance 8/24/1995 California JPIA Payments per exisitng contract for professional services.3 168 41 0 0 41 0 0 41
134 Banking Services 3/11/2010 3/11/2015 Union Bank of California Payments per exisitng contract for professional services.3 2,028 103 0 0 51 0 0 51
135 Bond Project Overhead Costs Various Costs associated with administration of bond
funded projects.
3 763,263 3,263 3,263 0 0 0 0 3,263
136 Portola Avenue On/Off Ramp Construction 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 0 0 0 0 0 0 0 0
137 Undergrounding Utilities 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 0 0 0 0 0 0 0 0
138 Portola Avenue Widening 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 0 0 0 0 0 0 0 0
139 Falcon Crest Lot K 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 0 0 0 0 0 0 0
140 1998 $11,020,000 Tax Allocation Bond Issue 2/24/1998 10/1/2028 Wells Fargo Bank Semi-Annual Debt Service Payment 4 11,779,338 552,506 0 0 0 202,031 0 202,031
141 2001 $15,695,000 Tax Allocation Bond Issue 11/15/2001 10/1/2031 Wells Fargo Bank Semi-Annual Debt Service Payment 4 20,343,126 964,909 0 0 0 296,088 0 296,088
142 2006 $19,273,089 Tax Allocation Bond Issue 7/13/2006 10/1/2034 Wells Fargo Bank Semi-Annual Debt Service Payment 4 36,255,404 1,414,376 0 0 0 286,910 0 286,910
143 L/M Housing Fund Loan 6/30/2010 6/30/2015 Palm Desert Housing Authority 2009/10 SERAF Loan Repayment 4 0 0 0 0 0 0 0 0
144 PA 4 Public Improvements 5/22/2008 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 9,854 9,854 0 0 0 0 9,854
145 PA 4 Public Improvements 1/29/2008 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 7,420 7,420 0 0 0 0 7,420
Oversight Board Approval Date:
Bond Proceeds Reserve Balance Admin Allowance RPTTF Other Six-Month Total
PALM DESERT (RIVERSIDE)
RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS 13-14A)
July 1, 2013 through December 31, 2013
Project Area
Total Outstanding
Debt or Obligation
Total Due During
Fiscal Year
2013-14
Funding Source
Item #Description/Project ScopePayee
Contract/Agreement
Termination Date
Contract/Agreement
Execution DateProject Name / Debt Obligation
146 PD Country Club Undergrounding 2/14/2008 Willdan Financial Services Payments per existing contract related to undergrounding of
utilities in Project Area No. 4.
4 15,058 15,058 15,058 0 0 0 0 15,058
147 Trustee Services 5/13/2011 Wells Fargo Bank Payments per existing contract for professional services.4 80,904 4,105 0 0 2,053 0 0 2,053
148 Disclosure Services Willdan Payments per existing contract for professional services.4 91,093 4,622 0 0 2,311 0 0 2,311
149 Legal Services 9/1/2009 8/31/2014 Richards, Watson & Gershon Payments per existing contract for professional services.4 547,471 27,778 0 0 13,889 0 0 13,889
150 Legal Services 9/1/2009 8/31/2014 Best-Best & Krieger Payments per existing contract for professional services.4 37,411 1,898 0 0 949 0 0 949
151 Professional Association California Redevelopment
Association
Payments per existing contract for professional services.4 0 0 0 0 0 0 0 0
152 Auditing Services 6/30/2008 6/30/2014 Diehl, Evans & Co.Payments per existing contract for professional services.4 65,392 3,318 0 0 1,659 0 0 1,659
153 Reporting Services Redevelopment Reporting
Solutions
Payments per existing contract for professional services.4 0 0 0 0 0 0 0 0
154 Liability Insurance 8/24/1995 California JPIA Payments per existing contract for professional services.4 504 122 0 0 122 0 0 122
155 Banking Services 3/11/2010 3/11/2015 Union Bank of California Payments per existing contract for professional services.4 6,083 309 0 0 154 0 0 154
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 0 0 0 0 0 0 0 0
157 Affordable Housing-Carlos Ortega Villas 4/8/2010 Interactive Design Corp Payments per existing contract for a 72 unit affordable senior
complex.
4 310,275 310,275 310,275 0 0 0 0 310,275
158 Project Area Administration 7/19/2044 Various Allowable Costs per Admin Plan-staff, utililities, professional
services, etc.
4 2,551,417 118,880 0 0 59,440 0 0 59,440
159 Vested Employee Benefit Obligation 7/19/2044 RDA Assigned Employees Obligation based on accrued leaves and current MOU.4 530,668 26,533 0 0 13,267 0 0 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 55,459,656 964,578 0 0 0 919,113 0 919,113
161 Replacement Reserve Fund 2/10/2011 Palm Desert Housing Authority 1,100 Affordable Housing Apt Comp's 4 1,178,772 287,163 0 0 0 0 0 0
162 PDHA Property Management 9/23/2010 12/31/2012 RPM Company Payments per existing contract for Housing Authority
Property Management.
4 0 0 0 0 0 0 0 0
163 PDHA Properties 2/24/2011 6/30/2012 Andy's Landscape and Tree Payments per existing contract for Housing Authority
Property Maintenance.
4 0 0 0 0 0 0 0 0
164 PDHA Properties 3/10/2011 6/30/2012 West Coast Arborist Payments per existing contract for Housing Authority
Property Maintenance.
4 0 0 0 0 0 0 0 0
165 Additional Disclosures on TAB's 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 2,100 600 0 0 0 300 0 300
166 Pass-thru Trust Account Obligations 7/19/2044 Palm Desert Taxing Entities Balances in trust per negotiated pass-thru agreements 4 0 0 0 0 0 0 0 0
167 Public Safety Academy Reimb 3/27/2008 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.
4 400,000 400,000 400,000 0 0 0 0 400,000
168 Carlos Ortega Villas To Be Determined Agreement to build wall as part of COV construction 4 42,000 0 0 0 0 0 0
169 NSP Rehabilitation 1/27/2011 AA Max Payments per existing contract related to Rehab/Resale of
Single Family Dwelling
4 0 0 0 0 0 0 0 0
170 Bond Project Overhead Costs Various Costs associated with administration of bond
funded projects.
4 965,680 37,130 37,130 0 0 0 0 37,130
171 Carlos Ortega Villas TBD from Unspent Bond Proceeds Approved project as listed in Exhibit A, 2007-SA Tax
Certificates - IRS Form 8038-G
HA 0 0 0 0 0 0 0 0
172 Desert Pointe Rehabilitation TBD from Unspent Bond Proceeds Approved project as listed in Exhibit A, 2007-SA Tax
Certificates - IRS Form 8038-G
HA 0 0 0 0 0 0 0 0
173 Undergrounding Utilities TBD from Unspent Bond Proceeds Approved project as listed in Exhibit A, 01-4 & 06-4 Tax
Certificates - IRS Form 8038-G
4 0 0 0 0 0 0 0 0
174 Buydown Subsidies for Low-Mod Housing TBD from Unspent Bond Proceeds Approved project as listed in Exhibit A, 2007-SA Tax
Certificates - IRS Form 8038-G
HA 0 0 0 0 0 0 0 0
175 Sagecrest Rehabilitation TBD from Unspent Bond Proceeds Approved project as listed in Exhibit A, 2007-SA Tax
Certificates - IRS Form 8038-G
HA 0 0 0 0 0 0 0 0
176 Project Area 1 Reserve for DS 6/22/2006 4/1/2030 Wells Fargo Bank Semi-Annual Debt Service Payment 1 45,236,331 2,400,000 1,200,000 1,200,000