Resolution Number SJCOB 13-09-24-02Name of Successor Agency:San Juan Capistrano
Name of County:Orange
Current Period Requested Funding for Outstanding Debt or Obligation
A 62,500$
B -
C -
D 62,500
E 2,966,928$
F 2,901,928
G 65,000
H Current Period Enforceable Obligations (A+E):3,029,428$
Successor Agency Self-Reported Prior Period Adjustment to Current Period RPTTF Requested Funding
I Enforceable Obligations funded with RPTTF (E):2,966,928
J -
K 2,966,928$
County Auditor Controller Reported Prior Period Adjustment to Current Period RPTTF Requested Funding
L Enforceable Obligations funded with RPTTF (E):2,966,928
M -
N 2,966,928
Chairwoman
Name Title
/s/9/24/2013
Signature Date
Recognized Obligation Payment Schedule (ROPS 13-14B) - Summary
Filed for the January 1, 2014 through June 30, 2014 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
Laura S. Freese
Laura S. Freese
Administrative Costs (ROPS Detail)
Less Prior Period Adjustment (Report of Prior Period Adjustments Column U)
Adjusted Current Period RPTTF Requested Funding (I-J)
Less Prior Period Adjustment (Report of Prior Period Adjustments Column AB)
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.
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- 10,568,302 $ Col. C amount is the remaining bond proceeds as of December 31, 2012 from bonds issued in May 2008. Col. E and H tie to the Other Assets DDR page 23, reserve for approved ROPS III amounts.Col. G is the remaining amount of rent, grants and interest as of December 31, 2012.
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185,000 2,087,097 $ Col. G ties to ROPS 13-14A Col. H and I tie to total amount approved and distributed by the County Auditor-Controller in June 2013, based on the ROPS 13-14A approval letter dated May 17, 2013.
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11
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EXHIBIT A - Page 2 of 7
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
59,036,156$ -$ -$ 62,500$ 2,901,928$ 65,000$ 3,029,428$
1 1997 Subordinated Taxable Tax
Allocation Bonds
Bonds Issued On or
Before 12/31/10
5/6/1997 8/1/2017 Bank of New York Affordable Housing Projects Central 706,963 N 22,863 22,863$
2 1998 Tax Allocation Refunding
Bonds
Bonds Issued On or
Before 12/31/10
6/24/1998 8/1/2016 U.S. Bank, N.A.Advance Refunding of the 1991 Tax
Allocation Bonds
Central 1,571,040 N 34,626 34,626$
3 2008 Tax Allocation Bonds, Series A Bonds Issued On or
Before 12/31/10
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 12,871,019 N 178,484 178,484$
4 2008 Tax Allocation Bonds, Series B
(Taxable)
Bonds Issued On or
Before 12/31/10
6/3/2008 8/1/2033 U.S. Bank, N.A.Finance Agency Affordable Housing
Projects
Central 17,907,265 N 301,173 301,173$
5 Tax Allocation Bond Reserve Set-
Aside (See Notes)
Reserves 1/1/2014 6/30/2014 U.S. Bank, N.A.Reserve set-aside for August 1, 2013
debt service payment - H&S Code
Section 34171(b)
Central - N 467,500 467,500$
6 OPA-Fluidmaster OPA/DDA/Constructi
on
6/17/1997 3/30/2019 Fluidmaster, Inc.Elimination of Blight/Economic
Development
Central 234,760 N - -$
7 OPA-Capistrano Volkswagen OPA/DDA/Constructi
on
4/17/2001 3/30/2020 Miles Brandon Elimination of Blight/Business
Retention
Central 216,783 N - -$
8 OPA-Sierra Vista OPA/DDA/Constructi
on
4/1/2003 6/30/2023 Sierra Vista Partners Elimination of Blight/Economic
Development
Central 65,577 N - -$
9 Agreement-TCAG Ford OPA/DDA/Constructi
on
10/19/2010 3/1/2038 Tuttle Click Automotive
Group (TCAG, Inc.)
Elimination of Blight/Business
Retention
Central 1,681,492 N 25,000 25,000$
10 Agreement-OC Chrysler OPA/DDA/Constructi
on
1/7/2011 6/30/2031 Chrysler Group Realty Co.,
LLC
Elimination of Blight/Economic
Development
Central 1,407,267 N 125,000 125,000$
11 Lower Rosan Ranch - Loan Payable
(See Notes)
Third-Party Loans 7/6/2011 7/6/2016 Farmer's & Merchants Bank Property Acquisition/Economic
Development
Central 4,121,454 N 198,776 198,776$
12 Kinoshita Acquisition - Note
Extension (interest payments
through March 1, 2021)
Third-Party Loans 2/28/2011 3/1/2021 Kinoshita Enterprises, L.P.Property Acquisition/parks & Ag.
Preservation
Central 5,678,853 N 117,494 117,494$
13 Kinoshita Acquisition - Note
Extension (interest payments
through March 1, 2021)
Third-Party Loans 2/28/2011 3/1/2021 Bobby Kinoshita Investment
Enterprises, L.P.
Property Acquisition/parks & Ag.
Preservation
Central 5,916,358 N 122,407 122,407$
14 Kinoshita Note Principal Payment
Set-aside
Third-Party Loans 2/28/2011 3/1/2021 See Items 12-13 above Reserve set-aside for March 1, 2021
principal payment on both notes -
$7,996,697.
Central - N - -$
15 Cooperation Agreement - Capistrano
Pointe (See Notes)
City/County Loans
On or Before 6/27/11
3/5/1985 6/30/2026 City of San Juan Capistrano Developer Assistance/Affordable
Housing
Central 1,348,899 N 1,308,605 1,308,605$
16 Tax Anticipation Agreement (See
Notes)
City/County Loans
On or Before 6/27/11
1/20/1988 6/30/2026 City of San Juan Capistrano Elimination of Blight/Economic
Development
Central 3,265,329 N - -$
17 Trulis Acquisition - Loan Agreement City/County Loans
On or Before 6/27/11
10/1/1998 6/30/2026 City of San Juan Capistrano Property Acquisition/Elimination of
Blight
Central 404,229 N - -$
18 Administration Loan Agreement City/County Loans
On or Before 6/27/11
6/1/2004 6/30/2026 City of San Juan Capistrano Administration/Project Costs Central 1,638,868 N - -$
19 OPA - Paseo De Verdugo (See
notes)
OPA/DDA/Constructi
on
2/17/2009 6/30/2014 26755 Verdugo, LLC Elimination of Blight/Economic
Development
Central - N -$
20 The Groves Affordable Housing Professional
Services
8/3/2010 6/30/2012 RRM Design Group Land Planning and Environmental
Svcs.
Central - Y -$
21 Downtown Master Plan Professional
Services
2/11/2010 6/30/2011 Perkowitz & Ruth, DBA
Studio One Eleven
Land Planning and Environmental
Svcs.
Central - Y -$
22 Del Obispo/Camino Capistrano Imp.Professional
Services
6/14/2011 5/1/2012 RBF Consulting Engineering Services - Camino
Capistrano
Central - Y -$
23 Del Obispo/Camino Capistrano Imp.Professional
Services
6/16/2011 5/1/2012 RBF Consulting Engineering Services - Forster Street Central - Y -$
24 J. Serra/Rancho Viejo Rd.
Improvements (CRA Share)
OPA/DDA/Constructi
on
11/16/2010 5/1/2012 Peterson-Chase Intersection Improvements Central - Y -$
25 Ortega Highway Sidewalk Expansion Professional
Services
12/7/2010 6/1/2012 Boghassian Engineering Engineering Services Central - Y -$
26 The Groves Affordable Housing Professional
Services
6/6/2011 6/30/2014 Scientific Resource Survey Archaeological Services Central - Y -$
Recognized Obligation Payment Schedule (ROPS ) 13-14B - ROPS Detail
January 1, 2014 through June 30, 2014
(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
EXHIBIT A - Page 3 of 7
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 ) 13-14B - ROPS Detail
January 1, 2014 through June 30, 2014
(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
27 The Groves Affordable Housing Professional
Services
6/27/2011 6/30/2014 Leighton & Associates Soils Testing Central - Y -$
28 Administrative Cost Allowance Admin Costs 1/1/2014 6/30/2014 City of San Juan Capistrano 3% allowance for administrative costs
incurred.
Central - Y 65,000 65,000$
29 Administrative Costs from other
sources
Admin Costs 1/1/2014 6/30/2014 Various Vendors Section 34171(b) - Costs from other
sources - Bond Administration,
postage, audits, etc.
Central - N 25,000 25,000$
30 Downtown Master Plan/The Groves -
Specific Project Implementation
Project Management
Costs
1/1/2014 6/30/2014 City of San Juan Capistrano Section 34171(b) - staff time for project
management and inspection
Central - N -$
31 Property Maintenance Property
Maintenance
1/1/2014 6/30/2014 Various Vendors Section 34171(b) - cost of maintaining
assets prior to disposition
Central - N 12,500 12,500$
32 Legal Costs associated with assets,
obligations and property.
Litigation 8/20/1991 6/30/2014 Straddling, Yocca, Carlson
& Rauth
Section 34171(b) - cost of maintaining
assets prior to disposition
Central - N 25,000 25,000$
33 Personal Services Agreement Miscellaneous 6/7/2011 6/30/2014 MDM Associates Rental Subsidy Program Management Central - Y -$
34 Personal Services Agreement Miscellaneous 6/7/2011 6/30/2014 MDM Associates Little Hollywood Program Management Central - Y -$
35 Rental Subsidy Agmt Miscellaneous 12/1/2008 12/1/2013 Gulab Bhatia Rental Subsidy Program Central - Y -$
36 Rental Subsidy Agmt Miscellaneous 9/1/2011 6/1/2016 Vince Hughes ****Rental Subsidy Program Central - Y -$
37 Rental Subsidy Agmt Miscellaneous 5/1/2011 5/1/2016 H. Kashani Rental Subsidy Program Central - Y -$
38 Rental Subsidy Agmt Miscellaneous 12/1/2006 12/1/2011 Kahedi Rental Subsidy Program Central - Y -$
39 Rental Subsidy Agmt Miscellaneous 6/1/2009 6/1/2014 Tom McCorkell Rental Subsidy Program Central - Y -$
40 Rental Subsidy Agmt Miscellaneous 7/1/2008 7/1/2013 Loma Webber Rental Subsidy Program Central - Y -$
41 Rental Subsidy Agmt Miscellaneous 5/1/2011 5/1/2016 Stacey Kennedy Rental Subsidy Program Central - Y -$
42 Rental Subsidy Agmt Miscellaneous 12/1/2010 12/1/2015 Angel Alaniz Rental Subsidy Program Central - Y -$
43 Rental Subsidy Agmt Miscellaneous 6/24/2011 3/31/2016 Mr. Meadors***Rental Subsidy Program Central - Y -$
44 Rental Subsidy Agmt Miscellaneous 12/1/2010 12/1/2020 Carol Etlin Rental Subsidy Program Central - Y -$
45 Little Hollywood Rental Miscellaneous 1/1/2014 6/30/2014 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 - Y -$
46 Trulis Acquisition - Loan Agreement Miscellaneous 10/1/1998 6/30/2023 City of San Juan Capistrano Property Acquisition/Elimination of
Blight
Central - N -$
47 Administration Loan Agreement Miscellaneous 6/1/2004 6/30/2023 City of San Juan Capistrano Administration/Project Costs Central - N -$
-$
-$
EXHIBIT A - Page 4 of 7
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z AA AB
Net SA Non-Admin
and Admin PPA
Net CAC Non-
Admin and Admin
PPA
Authorized Actual Authorized Actual Authorized Actual Authorized Actual Authorized
Available
RPTTF
(ROPS III
distributed + all
other available as of
1/1/13)
Net Lesser of
Authorized/
Available Actual
Difference
(If M is less than N,
the difference is
zero) Authorized
Available
RPTTF
(ROPS III distributed
+ all other available
as of 1/1/13)
Net Lesser of
Authorized /
Available Actual
Difference
(If R is less than S,
the difference is
zero)
Net Difference
(Amount Used to
Offset ROPS 13-14B
Requested RPTTF
(O + T))
Net Lesser of
Authorized /
Available Actual
Difference
(If V is less than W,
the difference is
zero)
Net Lesser of
Authorized /
Available Actual
Difference
(If Y is less than
Z, the difference
is zero)
Net Difference
(Amount Used to
Offset ROPS 13-14B
Requested RPTTF
(X + AA)
176,468$ 103,292$ 287,912$ 217$ 1,248,000$ 500,000$ 75,000$ 113,822$ 2,476,992$ 2,468,011$ 2,437,005$ 2,468,011$ -$ 250,000$ 197,010$ 197,010$ 197,010$ -$ -$ -$ -$ -$ -$ -$ -$ -$
1
1997 Subordinated Taxable Tax
Allocation Bonds 27,706 27,706 27,706$ 27,706 -$ -$ -$ -$ -$ -$ -$
2
1998 Tax Allocation Refunding
Bonds 44,958 44,958 44,958$ 44,958 -$ -$ -$ -$ -$ -$ -$
3
2008 Tax Allocation Bonds,
Series A 183,384 183,384 183,384$ 183,384 -$ -$ -$ -$ -$ -$ -$
4
2008 Tax Allocation Bonds,
Series B (Taxable) 302,438 302,438 302,438$ 302,438 -$ -$ -$ -$ -$ -$ -$
5
Tax Allocation Bond Reserve
Set-Aside (See Notes) 797,864 797,864 797,864$ 797,864 -$ -$ -$ -$ -$ -$ -$
6 OPA-Fluidmaster -$ -$ -$ -$ -$ -$ -$ -$
7 OPA-Capistrano Volkswagen -$ -$ -$ -$ -$ -$ -$ -$
8 OPA-Sierra Vista -$ -$ -$ -$ -$ -$ -$ -$
9 Agreement-TCAG Ford 10,000 - -$ - -$ -$ -$ -$ -$ -$ -$
10 Agreement-OC Chrysler 60,000 91,006 60,000$ 91,006 -$ -$ -$ -$ -$ -$ -$
11
Lower Rosan Ranch - Loan
Payable (See Notes) 198,776 198,776 198,776$ 198,776 -$ -$ -$ -$ -$ -$ -$
12
Kinoshita Acquisition - Note
Extension (interest payments
through March 1, 2021) 107,702 93,016 93,016$ 93,016 -$ -$ -$ -$ -$ -$ -$
13
Kinoshita Acquisition - Note
Extension (interest payments
through March 1, 2021) 112,207 96,906 96,906$ 96,906 -$ -$ -$ -$ -$ -$ -$
14
Kinoshita Note Principal
Payment Set-aside 631,957 631,957 631,957$ 631,957 -$ -$ -$ -$ -$ -$ -$
15
Cooperation Agreement -
Capistrano Pointe (See Notes) -$ -$ -$ -$ -$ -$ -$ -$
16
Tax Anticipation Agreement
(See Notes) -$ -$ -$ -$ -$ -$ -$ -$
17
Trulis Acquisition - Loan
Agreement -$ -$ -$ -$ -$ -$ -$ -$
18 Administration Loan Agreement -$ -$ -$ -$ -$ -$ -$ -$
19
OPA - Paseo De Verdugo (See
notes) 1,248,000 500,000 -$ -$ -$ -$ -$ -$ -$ -$
20 The Groves Affordable Housing 157,041 - -$ -$ -$ -$ -$ -$ -$ -$
21 Downtown Master Plan 3,936 - -$ -$ -$ -$ -$ -$ -$ -$
22
Del Obispo/Camino Capistrano
Imp. 2,258 - -$ -$ -$ -$ -$ -$ -$ -$
23
Del Obispo/Camino Capistrano
Imp. 1,900 - -$ -$ -$ -$ -$ -$ -$ -$
24
J. Serra/Rancho Viejo Rd.
Improvements (CRA Share) -$ -$ -$ -$ -$ -$ -$ -$
25
Ortega Highway Sidewalk
Expansion -$ -$ -$ -$ -$ -$ -$ -$
26 The Groves Affordable Housing 4,825 - -$ -$ -$ -$ -$ -$ -$ -$
27 The Groves Affordable Housing 12,952 - -$ -$ -$ -$ -$ -$ -$ -$
28 Administrative Cost Allowance -$ -$ 250,000 197,010 197,010$ 197,010 -$ -$ -$ -$ -$
29
Administrative Costs from other
sources 28,000 76,584 -$ -$ -$ -$ -$ -$ -$ -$
30
Downtown Master Plan/The
Groves - Specific Project
Implementation 75,000 217 -$ -$ -$ -$ -$ -$ -$ -$
31 Property Maintenance 22,000 11,753 -$ -$ -$ -$ -$ -$ -$ -$
32
Legal Costs associated with
assets, obligations and property. 30,000 25,000 25,485 -$ -$ -$ -$ -$ -$ -$ -$
33 Personal Services Agreement 21,578 26,104 -$ -$ -$ -$ -$ -$ -$ -$
34 Personal Services Agreement 62,970 7,588 -$ -$ -$ -$ -$ -$ -$ -$
35 Rental Subsidy Agmt 10,500 1,750 -$ -$ -$ -$ -$ -$ -$ -$
36 Rental Subsidy Agmt 11,400 8,000 -$ -$ -$ -$ -$ -$ -$ -$
37 Rental Subsidy Agmt 9,600 9,500 -$ -$ -$ -$ -$ -$ -$ -$
38 Rental Subsidy Agmt - - -$ -$ -$ -$ -$ -$ -$ -$
39 Rental Subsidy Agmt 9,000 7,500 -$ -$ -$ -$ -$ -$ -$ -$
40 Rental Subsidy Agmt 10,800 9,000 -$ -$ -$ -$ -$ -$ -$ -$
41 Rental Subsidy Agmt 12,000 10,000 -$ -$ -$ -$ -$ -$ -$ -$
42 Rental Subsidy Agmt 12,060 10,050 -$ -$ -$ -$ -$ -$ -$ -$
43 Rental Subsidy Agmt 10,500 8,750 -$ -$ -$ -$ -$ -$ -$ -$
44 Rental Subsidy Agmt 6,060 5,050 -$ -$ -$ -$ -$ -$ -$ -$
45 Little Hollywood Rental -$ -$ -$ -$ -$ -$ -$ -$
46
Trulis Acquisition - Loan
Agreement - - -$ - -$ -$ -$ -$ -$ -$ -$
47 Administration Loan Agreement - - -$ - -$ -$ -$ -$ -$ -$ -$
Bond Proceeds
Reserve Balance
(Includes Other Funds and Assets
DDR retained balances)Other Funds
ROPS III CAC PPA: To be completed by the CAC upon submittal of the ROPS 13-14B by the SA to Finance and the CAC
Recognized Obligation Payment Schedule (ROPS) 13-14B - Report of Prior Period Adjustments
Reported for the ROPS III (January 1, 2013 through June 30, 2013) Period Pursuant to Health and Safety Code (HSC) section 34186 (a)
(Report Amounts in Whole Dollars)
ROPS III 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 III (July through December 2013) period. The amount of Redevelopment Property Tax Trust Fund (RPTTF)
approved for the ROPS 13-14B (January through June 2014) period will be offset by the SA’s self-reported ROPS III 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 Non-Admin CAC Admin CAC
RPTTF Expenditures
Admin
LMIHF
(Includes LMIHF Due Diligence
Review (DDR) retained balances)
EXHIBIT A - Page 5 of 7
Item #Notes/Comments
ROPS Details
1 The total obligation oustanding includes all principal and interest expected to be outstanding at December 31, 2013.
2 The total obligation oustanding includes all principal and interest expected to be outstanding at December 31, 2013.
3 The total obligation oustanding includes all principal and interest expected to be outstanding at December 31, 2013.
4 The total obligation oustanding includes all principal and interest expected to be outstanding at December 31, 2013.
5 The set-aside reserve is for the August 1, 2014 debt service payment - H&S Code Section 34171(b).
6
the total obligation is the amount expected to be outstanding as of December 31, 2013. There is no amount due for this period. The agreement end date is upon
complete payment of obligation. As instructed by DOF staff an estimated date has been included.
7
the total obligation is the amount expected to be outstanding as of December 31, 2013. There is no amount due for this period. The agreement end date is upon
complete payment of obligation. As instructed by DOF staff an estimated date has been included.
8
the total obligation is the amount expected to be outstanding as of December 31, 2013. There is no amount due for this period. The agreement end date is upon
complete payment of obligation. As instructed by DOF staff an estimated date has been included.
9 The total obligation oustanding includes all principal and interest expected to be outstanding at December 31, 2013.
10 The total obligation oustanding includes all principal and interest expected to be outstanding at December 31, 2013.
11 The total obligation oustanding includes all principal and interest expected to be outstanding at December 31, 2013.
12
The total obligation outstanding includes all principal and interest expected to be outstanding at December 31, 2013. Payments for FY 13-14 are interest only at
6.0%.
13
The total obligation outstanding includes all principal and interest expected to be outstanding at December 31, 2013. Payments for FY 13-14 are interest only at
6.0%.
14 This amount has an $7,996,697 principal payment due March 1, 2021.
15
The total obligation oustanding includes all principal and interest expected to be outstanding at December 31, 2013. The amount due each period is based on the
availability of Redevelopment Property Tax (formerly tax increment) during the period.
16
The total obligation oustanding includes all principal and interest expected to be outstanding at December 31, 2013. The total amount due is payable on demand,
and the Successor Agency's ability to pay.
17
The City/Agency loan has been previously disallowed. It is requested to remain anticipating the Finding of Completion to be received, the approval of the loan
amount to be paid pursuant to Health and Safety Code (HSC) Section 34191.4(b), and payments being made.
18
The City/Agency loan has been previously disallowed. It is requested to remain anticipating the Finding of Completion to be received, the approval of the loan
amount to be paid pursuant to Health and Safety Code (HSC) Section 34191.4(b), and payments being made.
19
$1,248,000 approved on ROPS III and the Other Assets Due Diligence Review to be paid from reserves. It is expected that the obligations under this agreement will
be completed by December 31, 2013. However, However, this is an estimate only as the actual completion date is not yet known.
20 The total amount of the contract is expected to be expended or terminated by December 31, 2013.
21 The total amount of the contract is expected to be expended or terminated by December 31, 2013.
22 The total amount of the contract is expected to be expended or terminated by December 31, 2013.
23 The total amount of the contract is expected to be expended or terminated by December 31, 2013.
24 Project completed - Obligation paid off.
25 Project completed - Obligation paid off.
26
The total amount of the contract is expected to be expended or terminated by December 31, 2013. The agreement is valid until services are no longer needed.
Therefore, the termination date is unknown and has been listed as June 30, 2014, as instructed by the Department of Finance.
27
The total amount of the contract is expected to be expended or terminated by December 31, 2013. The agreement is valid until services are no longer needed.
Therefore, the termination date is unknown and has been listed as June 30, 2014, as instructed by the Department of Finance.
Recognized Obligation Payment Schedule 13-14B - Notes
January 1, 2014 through June 30, 2014
EXHIBIT A - Page 6 of 7
Item #Notes/Comments
Recognized Obligation Payment Schedule 13-14B - Notes
January 1, 2014 through June 30, 2014
28
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 remainder ($250,000 less $185,000 approved on ROPS 13-14A) 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 been listed as June 30, 2014, as
instructed by the Department of Finance.
29
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 unknown and has been listed as June 30,
2014, as instructed by the Department of Finance.
30
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 unknown
and has been listed as June 30, 2014, as instructed by the Department of Finance.
31
Property maintenance cost (estimated) - cost to maintain property prior to disposition - HSC Section 34171(b). These costs are expected to continue until all
property is disposed of. Therefore, the termination date is unknown and has been listed as June 30, 2014, as instructed by the Department of Finance.
32
Legal costs associated with property, assets, and enforceable obligations (estimated) - HSC Section 34171(b). The Agreement is valid until services are no longer
needed. Therefore, the termination date is unknown and has been listed as June 30, 2014, as instructed by the Department of Finance.
33 Agreement retired - This Agreement has been transferred to the San Juan Capistran Housing Authority as the Housing Successor Agency.
34 Agreement retired - This Agreement has been transferred to the San Juan Capistran Housing Authority as the Housing Successor Agency.
35 Agreement retired - This Agreement has been transferred to the San Juan Capistran Housing Authority as the Housing Successor Agency.
36 Agreement retired - This Agreement has been transferred to the San Juan Capistran Housing Authority as the Housing Successor Agency.
37 Agreement retired - This Agreement has been transferred to the San Juan Capistran Housing Authority as the Housing Successor Agency.
38 Agreement retired - This Agreement has been transferred to the San Juan Capistran Housing Authority as the Housing Successor Agency.
39 Agreement retired - This Agreement has been transferred to the San Juan Capistran Housing Authority as the Housing Successor Agency.
40 Agreement retired - This Agreement has been transferred to the San Juan Capistran Housing Authority as the Housing Successor Agency.
41 Agreement retired - This Agreement has been transferred to the San Juan Capistran Housing Authority as the Housing Successor Agency.
42 Agreement retired - This Agreement has been transferred to the San Juan Capistran Housing Authority as the Housing Successor Agency.
43 Agreement retired - This Agreement has been transferred to the San Juan Capistran Housing Authority as the Housing Successor Agency.
44 Agreement retired - This Agreement has been transferred to the San Juan Capistran Housing Authority as the Housing Successor Agency.
45 Agreement retired - This Agreement has been transferred to the San Juan Capistran Housing Authority as the Housing Successor Agency.
46 Duplicate of Lines 17 and 18.
47 Duplicate of Lines 17 and 18.
Prior Period Adjustments
Other
Funds
The Department of Finance approved RPTTF funding of $2,726,992 for the ROPS III Period. Of that amount, $667,193 was funded from RPTTF remaining from
ROPS I. The remaining of amount of RPTTF approved was $2,059,801. However, the Successor Agency only received $1,997,828, a shortfall of $61,973. As a
result, the Successor Agency had $39,676 of administrative costs unable to be funded with RPTTF as approved. However, there was sufficient funding from other
sources to make these payments during the ROPS III period without impacting any other obligations that were due during the period.
EXHIBIT A - Page 7 of 7