Resolution Number SACRA 13-02-19-01SUCCESSOR AGENCY CONTACT INFORMATION
Successor Agency
ID:208
County:Orange
Successor Agency:San Juan Capistrano
Primary Contact
Honorific (Ms, Mr, Mrs)Ms.
First Name Cindy
Last Name Russell
Title Finance Officer
Address 32400 Paseo Adelanto
City San Juan Capistrano
State CA
Zip 92675
Phone Number 949-443-6301
Email Address crussell@sanjuancapistrano.org
Secondary Contact
Honorific (Ms, Mr, Mrs)Ms.
First Name Michelle
Last Name Bannigan
Title Assistant Finance Director
Phone Number 949-443-6307
Email Address mbannigan@sanjuancapistrano.org
EXHIBIT A - Page 1
Name of Successor Agency:
Outstanding Debt or Obligation Total
Total Outstanding Debt or Obligation $60,293,282
Current Period Outstanding Debt or Obligation Six-Month Total
A $1,798,776
B $2,129,110
C $125,000
D $2,254,110
E Total Current Period Outstanding Debt or Obligation (A + B + C = E) Should be same amount as ROPS form six-month total $4,052,886
F $2,254,110
G $0
Prior Period (July 1, 2012 through December 31, 2012) Estimated vs. Actual Payments (as required in HSC section 34186 (a))
H $0
I $0
J Enter Actual Administrative Expenses Paid with RPTTF $0
K Adjustment to Redevelopment Obligation Retirement Fund (H - (I + J) = K)$0
L Adjustment to RPTTF (D - K = L)$2,254,110
Certification of Oversight Board Chairman:Chairwoman
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/2/20/2013
Signature Date
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
SAN JUAN CAPISTRANO (ORANGE)
Laura S. Freese
Laura S. Freese
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)
E
X
H
I
B
I
T
A
-
P
a
g
e
2
Oversight Board Approval Date:February 27, 2013
Bond Proceeds Reserve Balance Admin Allowance RPTTF Other Six-Month Total
$60,293,282 $5,870,598 $197,912 $1,545,864 $125,000 $2,129,110 $55,000 $4,052,886
1 1997 Subordinated Taxable Tax Allocation
Bonds
5/6/1997 8/1/2017 Bank of New York Affordable Housing Projects Central 859,672 175,572 0 0 0 152,709 0 152,709
2 1998 Tax Allocation Refunding Bonds 6/24/1998 8/1/2016 U.S. Bank, N.A.Advance Refunding of the 1991 Tax Allocation Bonds Central 2,050,998 514,584 0 0 0 479,958 0 479,958
3 2008 Tax Allocation Bonds, Series A 6/3/2008 8/1/2033 U.S. Bank, N.A.Finance Agency Projects in the Central Project Area
consistent with the Redevelopment Plan
Central 13,354,403 661,869 0 0 0 483,384 0 483,384
4 2008 Tax Allocation Bonds, Series B
(Taxable)
6/3/2008 8/1/2033 U.S. Bank, N.A.Finance Agency Affordable Housing Projects Central 18,264,703 658,610 0 0 0 357,438 0 357,438
5 Tax Allocation Bond Reserve Set-Aside (See
Notes)
Not Applicable Reserve set-aside for August 1, 2013 debt service payment -
H&S Code Section 34171(b)
0 0 0 797,864 0 (797,864)0 0
6 OPA-Fluidmaster 6/17/1997 6/30/2019 Fluidmaster, Inc.Elimination of Blight/Economic Development Central 274,760 40,000 0 0 0 40,000 0 40,000
7 OPA-Capistrano Volkswagen 4/17/2001 6/30/2020 Miles Brandon Elimination of Blight/Business Retention Central 251,783 35,000 0 0 0 0 35,000 35,000
8 OPA-Sierra Vista 4/1/2003 6/30/2023 Sierra Vista Partners Elimination of Blight/Economic Development Central 72,577 6,800 0 0 0 6,800 0 6,800
9 Agreement-TCAG Ford 10/19/2010 3/1/2038 Tuttle Click Automotive Group
(TCAG, Inc.)
Elimination of Blight/Business Retention Central 1,841,492 150,000 0 0 0 150,000 0 150,000
10 Agreement-OC Chrysler 1/7/2011 6/30/2031 Chrysler Group Realty Co., LLC Elimination of Blight/Economic Development Central 1,503,273 170,000 0 0 0 85,000 0 85,000
11 Lower Rosan Ranch - Loan Payable (See
Notes)
7/6/2011 7/6/2016 Farmer's & Merchants Bank Property Acquisition/Economic Development Central 4,320,230 397,553 0 0 0 198,776 0 198,776
12 Kinoshita Acquisition - Note Extension
(interest payments through March 1, 2021)
2/28/2011 3/1/2021 Kinoshita Enterprises, L.P.Property Acquisition/parks & Ag. Preservation Central 5,639,688 215,405 0 0 0 107,703 0 107,703
13 Kinoshita Acquisition - Note Extension
(interest payments through March 1, 2021)
2/28/2011 3/1/2021 Bobby Kinoshita Investment
Enterprises, L.P.
Property Acquisition/parks & Ag. Preservation Central 5,875,556 224,414 0 0 0 112,207 0 112,207
14 Kinoshita Note Principal Payment Set-aside 2/28/2011 3/1/2021 See Items 12-13 above Reserve set-aside for March 1, 2021 principal payment on
both notes - $7,996,697.
Central 0 1,000,000 0 0 0 311,619 0 311,619
15 Cooperation Agreement - Capistrano Pointe
(See Notes)
3/5/1985 6/30/2026 City of San Juan Capistrano Developer Assistance/Affordable Housing Central 1,500,747 500,000 0 0 0 250,000 0 250,000
16 Tax Anticipation Agreement (See Notes)1/20/1988 6/30/2026 City of San Juan Capistrano Elimination of Blight/Economic Development Central 3,210,359 250,000 0 0 0 125,000 0 125,000
17 Trulis Acquisition - Loan Agreement 10/1/1998 City of San Juan Capistrano Property Acquisition/Elimination of Blight Central 0 0 0 0 0 0 0 0
18 Administration Loan Agreement 6/1/2004 City of San Juan Capistrano Administration/Project Costs Central 0 0 0 0 0 0 0 0
19 OPA - Paseo De Verdugo (See notes)2/17/2009 6/30/2014 26755 Verdugo, LLC Elimination of Blight/Economic Development Central 748,000 748,000 0 748,000 0 0 0 748,000
20 The Groves Affordable Housing 8/3/2010 RRM Design Group Land Planning and Environmental Svcs.Central 157,041 0 157,041 0 0 0 0 157,041
21 Downtown Master Plan 2/11/2010 6/30/2011 Perkowitz & Ruth, DBA Studio
One Eleven
Land Planning and Environmental Svcs.Central 3,936 0 3,936 0 0 0 0 3,936
22 Del Obispo/Camino Capistrano Imp.6/14/2011 5/1/2012 RBF Consulting Engineering Services - Camino Capistrano Central 2,258 0 2,258 0 0 0 0 2,258
23 Del Obispo/Camino Capistrano Imp.6/16/2011 5/1/2012 RBF Consulting Engineering Services - Forster Street Central 1,900 0 1,900 0 0 0 0 1,900
24 J. Serra/Rancho Viejo Rd. Improvements
(CRA Share)
11/16/2010 5/1/2012 Peterson-Chase Intersection Improvements Central 0 0 0 0 0 0 0 0
25 Ortega Highway Sidewalk Expansion 12/7/2010 Completed (See Notes)Boghassian Engineering Engineering Services Central 0 0 0 0 0 0 0 0
26 The Groves Affordable Housing 6/6/2011 Completed (See Notes)Scientific Resource Survey Archaeological Services Central 4,825 0 4,825 0 0 0 0 4,825
27 The Groves Affordable Housing 6/27/2011 Leighton & Associates Soils Testing Central 12,952 0 12,952 0 0 0 0 12,952
28 Administrative Cost Allowance 5/2/2012 City of San Juan Capistrano 3% allowance for administrative costs incurred.Central 0 0 0 0 125,000 0 0 125,000
29 Administrative Costs from other sources Various Vendors Section 34171(b) - Costs from other sources - Bond
Administration, postage, audits, etc.
Central 0 0 0 0 0 0 10,000 10,000
30 Downtown Master Plan/The Groves -
Specific Project Implementation
5/2/2012 City of San Juan Capistrano Section 34171(b) - staff time for project management and
inspection
Central 0 0 15,000 0 0 0 0 15,000
31 Property Maintenance Various Vendors Section 34171(b) - cost of maintaining assets prior to
disposition
Central 0 0 0 0 0 0 5,000 5,000
32 Legal Costs associated with assets,
obligations and property.
8/20/1991 Straddling, Yocca, Carlson & Rauth Section 34171(b) - cost of maintaining assets prior to
disposition
Central 0 0 0 0 0 0 5,000 5,000
33 Personal Services Agreement 6/7/2011 6/30/2014 MDM Associates Rental Subsidy Program Management Central 43,155 43,155 0 0 0 21,578 0 21,578
34 Personal Services Agreement 6/7/2011 6/30/2014 MDM Associates Little Hollywood Program Management Central 125,940 0 0 0 0 0 0 0
35 Rental Subsidy Agmt 12/1/2008 12/1/2013 Gulab Bhatia Rental Subsidy Program Central 23,976 15,984 0 0 0 7,992 0 7,992
36 Rental Subsidy Agmt 9/1/2011 6/1/2016 Vince Hughes ****Rental Subsidy Program Central 51,794 16,356 0 0 0 8,178 0 8,178
37 Rental Subsidy Agmt 5/1/2011 5/1/2016 H. Kashani Rental Subsidy Program Central 38,828 13,704 0 0 0 6,852 0 6,852
38 Rental Subsidy Agmt 12/1/2006 12/1/2011 Kahedi Rental Subsidy Program Central 0 0 0 0 0 0 0 0
39 Rental Subsidy Agmt 6/1/2009 6/1/2014 Tom McCorkell Rental Subsidy Program Central 10,373 10,373 0 0 0 5,658 0 5,658
Description/Project ScopePayee
Contract/Agreement
Termination Date
Contract/Agreement
Execution DateProject Name / Debt Obligation
SAN JUAN CAPISTRANO (ORANGE)
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 #
EXHIBIT A - Page 3
Oversight Board Approval Date:February 27, 2013
Bond Proceeds Reserve Balance Admin Allowance RPTTF Other Six-Month TotalDescription/Project ScopePayee
Contract/Agreement
Termination Date
Contract/Agreement
Execution DateProject Name / Debt Obligation
SAN JUAN CAPISTRANO (ORANGE)
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 #
40 Rental Subsidy Agmt 7/1/2008 7/1/2013 Loma Webber Rental Subsidy Program Central 0 0 0 0 0 0 0 0
41 Rental Subsidy Agmt 5/1/2011 5/1/2016 Stacey Kennedy Rental Subsidy Program Central 0 0 0 0 0 0 0 0
42 Rental Subsidy Agmt 12/1/2010 12/1/2015 Angel Alaniz Rental Subsidy Program Central 9,024 9,024 0 0 0 9,024 0 9,024
43 Rental Subsidy Agmt 6/24/2011 3/31/2016 Mr. Meadors***Rental Subsidy Program Central 39,039 14,196 0 0 0 7,098 0 7,098
44 Rental Subsidy Agmt 12/1/2010 12/1/2020 Carol Etlin Rental Subsidy Program Central 0 0 0 0 0 0 0 0
45 Little Hollywood Rental Completed (See Notes)Various Vendors Various maintenance costs to maintain rental housing funded
by rents - utilities, plumbing, electrical, landscaping, cleaning,
repairs, pest control, possessory interest tax, etc.
Central 0 0 0 0 0 0 0 0
EXHIBIT A - Page 4
Item #Project Name / Debt Obligation Payee Description/Project Scope Estimate Actual Estimate Actual Estimate Actual Estimate Actual Estimate Actual Estimate Actual
$216,093 $196,634 $0 $0 $0 $2,082,665 $0 $0 $2,894,330 $0 $0 $21,567
pg.1-1
1997 Subordinated Taxable Tax Allocation
Bonds Bank of New York Affordable Housing Projects Central 147,163 147,163
pg.1-2 1998 Tax Allocation Refunding Bonds U.S. Bank, N.A.Advance Refunding of the 1991 Tax Allocation Bonds Central 469,554 469,554
pg.1-3 2008 Tax Allocation Bonds, Series A U.S. Bank, N.A.Finance Agency Projects in the Central Project Area consistent with the Redevelopment Plan Central 458,109 458,109
pg.1-4
2008 Tax Allocation Bonds, Series B
(Taxable)U.S. Bank, N.A.Finance Agency Affordable Housing Projects Central 358,648 358,648
pg.1-5 OPA-Fluidmaster Fluidmaster, Inc.Elimination of Blight/Economic Development Central 40,000 0
pg.1-6 OPA-Capistrano Volkswagen Miles Brandon Elimination of Blight/Business Retention Central
pg.1-7 OPA-Sierra Vista Sierra Vista Partners Elimination of Blight/Economic Development Central 6,844 0
pg.1-8 Agreement-TCAG Ford Tuttle Click Automotive Group (TCAG, Inc.)Elimination of Blight/Business Retention Central 76,047 150,000
pg.1-9 Agreement-OC Chrysler Chrysler Group Realty Co., LLC Elimination of Blight/Economic Development Central 76,220 75,000
pg.1-10 Lower Rosan Ranch - Loan Payable Farmer's & Merchants Bank Property Acquisition/Economic Development Central 198,776 198,776
pg.1-11 Kinoshita Acquisition - Note Extension Kinoshita Enterprises, L.P.Property Acquisition/parks & Ag. Preservation Central 93,016 107,702
pg.1-12 Kinoshita Acquisition - Note Extension Bobby Kinoshita Investment
Enterprises, L.P.Property Acquisition/parks & Ag. Preservation Central 96,906 112,207
pg. 2-1 Cooperation Agreement - Capistrano Pointe City of San Juan Capistrano Developer Assistance/Affordable Housing Central 500,000
pg. 4-1 Administrative Costs - Agency Support Staff City of San Juan Capistrano
Costs incurred by City for staff time in support of Agency
activities Central 78,104
pg. 4-2 Little Hollywood Rental Various Vendors Cots incurred by City for staff time in support of Affordable Housing activities Central 52,405
pg. 4-3 Administrative Cost Allowance City of San Juan Capistrano 3% allowance for Administrative costs incurred Central 125,000
pg. 4-4 Legal Services Agreement dated August 20,
1991
Stradling, Yocca, Carlson, and
Rauth
Legal Services - Redevelopment activities Central 7,368 30,000 21,567
pg. 4-5 Personal Services Agreement dated
Feburary 5, 1997
Woodruff, Spradlin, and Smart Legal Services - Redevelopment activities Central 15,000
pg. 4-6 Personal Services Agreement dated May 3,
2011
Rogers, Anderson, Malody, and
Scott
Audit Services - FY ended June 30, 2012 Central 4,085 5,205 0
pg. 4-7
Personal Services Agreement dated June 7,
2011 MDM Associates Rental Subsidy Program Management Central 21,578 33,555
pg. 4-8
Personal Services Agreement dated June 7, 2011 MDM Associates Little Hollywood Program Management Central 62,970 48,788
pg. 4-9 Rental Subsidy Agmt Dec. 2008-Dec 2013 Gulab Bhatia Rental Subsidy Program Central 10,500 12,250
pg. 4-10 Rental Subsidy Agmt Sept. 2011-June 2016 Vince Hughes ****Rental Subsidy Program
Central 10,200 11,200
pg. 4-11
Rental Subsidy Agmt - May 2011 - May
2016 H. Kashani Rental Subsidy Program
Central 11,400 13,300
pg. 4-12 Rental Subsidy Agmt - June 2009-June 2014 Tom McCorkell Rental Subsidy Program
Central 9,000 10,500
pg. 4-13 Rental Subsidy Agmt - July 2008 - July 2013 Loma Webber Rental Subsidy Program
Central 10,800 12,600
pg. 4-14 Rental Subsidy Agmt - May 2011 - May 2016 Stacey Kennedy Rental Subsidy Program
Central 12,000 14,000
pg. 4-15 Rental Subsidy Agmt - Dec. 2010- Dec. 2015 Angel Alaniz Rental Subsidy Program
Central 12,060 14,070
pg. 4-16 Rental Subsidy Agmt - Oct. 2008 - Oct. 2013 Mr. Meadors Rental Subsidy Program
Central 10,500 12,250
pg. 4-17 Rental Subsidy Agmt - Dec. 2010-Dec. 2020 Carol Etlin Rental Subsidy Program
Central 6,060 7,070
pg. 4-18 Little Hollywood Rental Various Vendors
Various maintenance costs to maintain rental housing funded by rents - utilities, plumbing, electrical, landscaping, cleaning,
repairs, pest control, possessory interest tax, etc.
Central 39,025 7,051
pg. 4-30 Misc. Administrative Costs Various Vendors
Various admin costs to maintain minimal existing activities, incl.
bond administration, postage, etc.Central 49,929 11,457 0
SAN JUAN CAPISTRANO (ORANGE)
Reserve Balance Admin Allowance RPTTF Other
Pursuant to Health and Safety Code section 34186 (a)
PRIOR PERIOD ESTIMATED OBLIGATIONS vs. ACTUAL PAYMENTS
RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS II)
July 1, 2012 through December 31, 2012
Project Area
LMIHF Bond Proceeds
EXHIBIT A - Page 5
Item #Project Name / Debt Obligation Notes/Comments
1 1997 Subordinated Taxable Tax Allocation
Bonds
The total obligation oustanding includes all principal and interest expected to be outstanding at June 30, 2013.
2 1998 Tax Allocation Refunding Bonds The total obligation oustanding includes all principal and interest expected to be outstanding at June 30, 2013.
3 2008 Tax Allocation Bonds, Series A The total obligation oustanding includes all principal and interest expected to be outstanding at June 30, 2013.
4 2008 Tax Allocation Bonds, Series B
(Taxable)
The total obligation oustanding includes all principal and interest expected to be outstanding at June 30, 2013.
5 Tax Allocation Bond Reserve Set-Aside (See
Notes)
The set-aside reserve is for the August 1, 2013 debt service payment - H&S Code Section 34171(b). Based on actual RPTTF received for the ROPS III period (January -
June 2013) and the expected RPTTF for the ROPS 13-14A (July - December 2013), $410,778 is expected to be set-aside during the ROPS III period and used to make
bond payments during the ROPS 13-14A period.
6 OPA-Fluidmaster The total obligation is the amount expected to be outstanding as of June 30, 2013. $40,000 approved on ROPS III, is not expected to be paid until August 2013. The
agreement end date is upon complete payment of the obligation. As instructed by DOF staff an estimated end date has been provided.
7 OPA-Capistrano Volkswagen the total obligation is the amount expected to be outstanding as of June 30, 2013. The payment due for this period is $35,000 and is expected to be offset by
amounts owed by the dealership to the Successor Agency. The agreement end date is upon complete payment of obligation. As instructed by DOF staff an
estimated date has been included.
8 OPA-Sierra Vista The total obligation outstanding is the amount expected to be outstanding as of June 30, 2013. $6,800 was approved on ROPS III, however is not expected to be
paid until August 2013. The agreement end date is upon complete payment of obligation. As instructed by DOF staff an estimated date has been included.
9 Agreement-TCAG Ford The total obligation outstanding is the amount expected to be outstanding as of June 30, 2013.
10 Agreement-OC Chrysler The total obligation outstanding is the amount expected to be outstanding as of June 30, 2013.
11 Lower Rosan Ranch - Loan Payable (See
Notes)
The total obligation outstanding is the amount expected to be outstanding as of June 30, 2013.
12 Kinoshita Acquisition - Note Extension
(interest payments through March 1, 2021)
The total obligation outstanding includes all principal and interest expected to be outstanding at June 30, 2013.
13 Kinoshita Acquisition - Note Extension
(interest payments through March 1, 2021)
The total obligation outstanding includes all principal and interest expected to be outstanding at June 30, 2013.
14 Kinoshita Note Principal Payment Set-aside This amount has an $7,996,697 principal payment due March 1, 2021. Therefore, the amount set-aside plus an additional each ROPS period must be set-aside to
make this payment on March 1, 2021.
15 Cooperation Agreement - Capistrano
Pointe (See Notes)
Total obligation outstanding includes all principal and interest expected to be outstanding at June 30, 2013.
16 Tax Anticipation Agreement (See Notes) Total obligation outstanding includes all principal and interest expected to be outstanding at June 30, 2013.
17 Trulis Acquisition - Loan Agreement The City/Agency loan has been previously disallowed. It is requested to remain anticipating the Finding of Completion to be received and the approval of the loan
amount to be paid pursuant to Health and Safety Code (HSC) Section 34191.4(b).
18 Administration Loan Agreement The City/Agency loan has been previously disallowed. It is requested to remain anticipating the Finding of Completion to be received and the approval of the loan
amount to be paid pursuant to Health and Safety Code (HSC) Section 34191.4(b).
19 OPA - Paseo De Verdugo (See notes) $1,248,000 approved on ROPS III to be paid from reserves. However, this was an estimate only. It is now expected that $748,000 of the amount approved to be
paid from reserves will be paid during the ROPS 13-14A period from reserves. The completion date is unknown, however is projected to be during FY 2013/14.
20 The Groves Affordable Housing The total obligation outstanding is the amount expected to be outstanding as of June 30, 2013.
21 Downtown Master Plan The total obligation outstanding is the amount expected to be outstanding as of June 30, 2013.
22 Del Obispo/Camino Capistrano Imp. The total obligation outstanding is the amount expected to be outstanding as of June 30, 2013.
23 Del Obispo/Camino Capistrano Imp. The total obligation outstanding is the amount expected to be outstanding as of June 30, 2013.
24 J. Serra/Rancho Viejo Rd. Improvements
(CRA Share)
Project completed - Obligation paid off.
25 Ortega Highway Sidewalk Expansion Project completed - Obligation paid off.
26 The Groves Affordable Housing The total obligation outstanding is the amount expected to be outstanding as of June 30, 2013. The agreement is valid until services are no longer needed.
Therefore, the termination date is unknown and has not been included.
27 The Groves Affordable Housing The total obligation outstanding is the amount expected to be outstanding as of June 30, 2013. The agreement is valid until services are no longer needed.
Therefore, the termination date is unknown and has not been included.
28 Administrative Cost Allowance Staff time provided pursuant to the Agreement for the Reimbursement of Costs approved by the Oversight Board on May 2, 2012, (Resolution 12-05-02-01). This
amount represents the one-half of the minimum $250,000 administrative cost allowance to be funded from RPTTF. The agreement continues until services are no
longer needed. Therefore, the termination date is unknown and has not been included.
29 Administrative Costs from other sources Administrative costs (estimated) - bond administration, audit costs, postage, etc. to be paid from other sources - HSC Section 34171(b). The funding source is
interest and rental income. These costs will continue until dissolution is completed. Therefore the termination date is unkown and has not been included.
30 Downtown Master Plan/The Groves -
Specific Project Implementation
Specific Project Implementation expected during this period. Project management costs for The Groves and the Downtown Master Plan - HSC Section 34171(b). The
funding source is bond proceeds. The Agreement for Reimbursement continues until dissolution is completed. Therefore the termination date is unkown and has
not been included.
31 Property Maintenance Property maintenance cost (estimated) - cost to maintain property prior to disposition - HSC Section 34171(b). The funding source is interest and rental income.
These costs will continue until dissolution is completed. Therefore the termination date is unkown and has not been included.
32 Legal Costs associated with assets,
obligations and property.
Legal costs associated with property, assets, and enforceable obligations (estimated) - HSC Section 34171(b). The funding source is interest and rental income. The
Agreement is valid until services are no longer needed. Therefore, the termination is unknown and has not been included.
33 Personal Services Agreement Rental Subsidy Program management contract, an approved enforceable obligation retained by the Successor Agency, was previously paid for with Low-and-
Moderate Income Housing (LMIHF) Fund reserves. However, the retention of LMIHF reserves was denied for the cost from July 1, 2013 through June 30, 2014 which
is the end of the obligation. Therefore, this obligation is now funded from RPTTF.
34 Personal Services Agreement The Little Hollywood rental housing program management contract now paid by the San Juan Capistrano Housing Authority.
35 Rental Subsidy Agmt This Rental Subsidy Agreement is an approved enforceable obligation retained by the Successor Agency, and was previously funded from LMIHF (LMIHF) reserves.
However the retention of LMIHF reserve was denied for the costs from July 1, 2013 through the end date of the agreement. Therefore, any amounts remaining on
this enforceable obligation (net of income) have been included to be paid from RPTTF.
RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS 13-14A) -- Notes (Optional)
July 1, 2013 through December 31, 2013
SAN JUAN CAPISTRANO (ORANGE)
EXHIBIT A - Page 6
Item #Project Name / Debt Obligation Notes/Comments
RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS 13-14A) -- Notes (Optional)
July 1, 2013 through December 31, 2013
SAN JUAN CAPISTRANO (ORANGE)
36 Rental Subsidy Agmt This Rental Subsidy Agreement is an approved enforceable obligation retained by the Successor Agency, and was previously funded from LMIHF (LMIHF) reserves.
However the retention of LMIHF reserve was denied for the costs from July 1, 2013 through the end date of the agreement. Therefore, any amounts remaining on
this enforceable obligation (net of income) have been included to be paid from RPTTF.
37 Rental Subsidy Agmt This Rental Subsidy Agreement is an approved enforceable obligation retained by the Successor Agency, and was previously funded from LMIHF (LMIHF) reserves.
However the retention of LMIHF reserve was denied for the costs from July 1, 2013 through the end date of the agreement. Therefore, any amounts remaining on
this enforceable obligation (net of income) have been included to be paid from RPTTF.
38 Rental Subsidy Agmt This Rental Subsidy Agreement is an approved enforceable obligation retained by the Successor Agency, and was previously funded from LMIHF (LMIHF) reserves.
However the retention of LMIHF reserve was denied for the costs from July 1, 2013 through the end date of the agreement. Therefore, any amounts remaining on
this enforceable obligation (net of income) have been included to be paid from RPTTF.
39 Rental Subsidy Agmt This Rental Subsidy Agreement is an approved enforceable obligation retained by the Successor Agency, and was previously funded from LMIHF (LMIHF) reserves.
However the retention of LMIHF reserve was denied for the costs from July 1, 2013 through the end date of the agreement. Therefore, any amounts remaining on
this enforceable obligation (net of income) have been included to be paid from RPTTF.
40 Rental Subsidy Agmt This Rental Subsidy Agreement is an approved enforceable obligation retained by the Successor Agency, and was previously funded from LMIHF (LMIHF) reserves.
However the retention of LMIHF reserve was denied for the costs from July 1, 2013 through the end date of the agreement. Therefore, any amounts remaining on
this enforceable obligation (net of income) have been included to be paid from RPTTF.
41 Rental Subsidy Agmt This Rental Subsidy Agreement is an approved enforceable obligation retained by the Successor Agency, and was previously funded from LMIHF (LMIHF) reserves.
However the retention of LMIHF reserve was denied for the costs from July 1, 2013 through the end date of the agreement. Therefore, any amounts remaining on
this enforceable obligation (net of income) have been included to be paid from RPTTF.
42 Rental Subsidy Agmt This Rental Subsidy Agreement is an approved enforceable obligation retained by the Successor Agency, and was previously funded from LMIHF (LMIHF) reserves.
However the retention of LMIHF reserve was denied for the costs from July 1, 2013 through the end date of the agreement. Therefore, any amounts remaining on
this enforceable obligation (net of income) have been included to be paid from RPTTF.
43 Rental Subsidy Agmt This Rental Subsidy Agreement is an approved enforceable obligation retained by the Successor Agency, and was previously funded from LMIHF (LMIHF) reserves.
However the retention of LMIHF reserve was denied for the costs from July 1, 2013 through the end date of the agreement. Therefore, any amounts remaining on
this enforceable obligation (net of income) have been included to be paid from RPTTF.
44 Rental Subsidy Agmt This Rental Subsidy Agreement is an approved enforceable obligation retained by the Successor Agency, and was previously funded from LMIHF (LMIHF) reserves.
However the retention of LMIHF reserve was denied for the costs from July 1, 2013 through the end date of the agreement. Therefore, any amounts remaining on
this enforceable obligation (net of income) have been included to be paid from RPTTF.
45 Little Hollywood Rental Rental housing operational costs now paid by the San Juan Capistrano Housing Authority.
Prior Period Payment Tab Notes
Page 1 - all All Items The Successor Agency received $0 Redevelopment Property Tax Trust Fund (RPTTF) monies. Therefore approved enforceable obligations had to be paid for from
available reserves. There was no other source of funding to make these payments.
Page 4, 9-17 Rental Subsidy Agreements Rental subsidy payments for July 2012 through January 2013 were made during this period. The January 2013 rental subsidy payments were approved on ROPS III,
however paid on December 21, 2012, in order for payments to be on time.
Page 4-18 Little Hollywood Rental Costs Minor costs paid from rental income monies on deposit with LMIHF reserves. Rental income amounts on deposit with the Successor Agency were not transferred to
the San Juan Capistrano Housing Authority (Housing Authority) until approved by the Department of Finance. These costs are now paid by the Housing Authority.
Page 4-30 Administrative Costs Administrative costs, including the cost of Due Diligence Review obligations under AB 1484, were anticipated to be paid from RPTTF. However $0 RPTTF was
received and available reserves were required to be used to make payments. The Successor Agency had no other source of funding for these obligations.
EXHIBIT A - Page 7