HomeMy WebLinkAboutAG RPTS 2011 1005 RDA REG`( ESTABLIOWD
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Resolution No. 2011 -251
REDEVELOPMENT AGENCY OF THE CITY OF MOORPARK
REGULAR MEETING AGENDA
WEDNESDAY, OCTOBER 5, 2011
7:00 P.M.
Moorpark Community Center 799 Moorpark Avenue
1. CALL TO ORDER:
2. ROLL CALL:
3. PUBLIC COMMENT:
4. REORDERING OF, AND ADDITIONS TO, THE AGENDA:
5. CONSENT CALENDAR: (ROLL CALL VOTE REQUIRED)
A. Consider Minutes of Sgecial Meeting of August 24, 2011. Staff
Recommendation: Approve the minutes.
B. Consider Minutes of Regular Meeting of September 7, 2011. Staff
Recommendation: Approve the minutes.
C. Consider Adopting an Amended Enforceable Obligations Payment Schedule.
Staff Recommendation: 1) Adopt amended Enforceable Obligation Payment
Schedule included in agenda report, identifying the Agency's enforceable
obligations for the months of October, November and December 2011; and
2) Direct staff to transmit the amended Enforceable Obligation Payment
Schedule to the State and post on the City's website, as ordered in the
legislation. (Staff: Ron Ahiers /David Moe)
Redevelopment Agency Agenda
October 5, 2011
Page 2
6. CLOSED SESSION:
A. CONFERENCE WITH LEGAL COUNSEL - ANTICIPATED LITIGATION
Significant exposure to litigation pursuant to Subdivision (b) of Section
54956.9 of the Government Code: (Number of cases to be discussed - 4)
B. CONFERENCE WITH LEGAL COUNSEL - ANTICIPATED LITIGATION
Initiation of litigation pursuant to Subdivision (c) of Section 54956.9 of the
Government Code: (Number of cases to be discussed - 4)
7. ADJOURNMENT:
All writings and documents provided to the majority of the Agency regarding all open- session agenda items are
available for public inspection at the City Hall public counter located at 799 Moorpark Avenue during regular
business hours. The agenda packet for all regular Redevelopment Agency meetings is also available on the
City's website at www.ci.mooroark.ca.us.
Any member of the public may address the Agency during the Public Comments portion of the Agenda, unless it
is a Public Hearing or a Presentation /Action/ Discussion item. Speakers who wish to address the Agency
concerning a Public Hearing or Presentations /Action /Discussion item must do so during the Public Hearing or
Presentations /Action/ Discussion portion of the Agenda for that item. Speaker cards must be received by the City
Clerk for Public Comment prior to the beginning of the Public Comments portion of the meeting; for a
Presentation /Action /Discussion item, prior to the Chair's call for speaker cards for each Presentation /Action/
Discussion agenda item; and for a Public Hearing item, prior to the opening of each Public Hearing, or beginning
of public testimony for a continued hearing. A limitation of three minutes shall be imposed upon each Public
Comment and Presentation /Action /Discussion item speaker. A limitation of three to five minutes shall be
Imposed upon each Public Hearing item speaker. Written Statement Cards may be submitted in lieu of speaking
orally for open Public Hearings and Presentation /Action /Discussion items. Any questions concerning any
agenda item may be directed to the City Clerk's office at 517 -6223.
In compliance with the Americans with Disabilities Act, if you need special assistance to review an agenda or
participate in this meeting, including auxiliary aids or services, please contact the City Clerk's Division at (805)
517 -6223. Upon request, the agenda can be made available in appropriate alternative formats to persons with a
disability. Any request for disability - related modification or accommodation should be made at least 48 hours
prior to the scheduled meeting to assist the City staff in assuring reasonable arrangements can be made to
provide accessibility to the meeting (28 CFR 35.102- 35.104; ADA Title II).
Redevelopment Agency Agenda
October 5, 2011
Page 3
STATE OF CALIFORNIA )
COUNTY OF VENTURA ) ss
CITY OF MOORPARK )
AFFIDAVIT OF POSTING
I, Maureen Benson, declare as follows:
That I am the City Clerk of the City of Moorpark and that a notice for a Regular Meeting of
the Redevelopment Agency of the City of Moorpark to be held Wednesday, October 5,
2011, at 7:00 p.m. in the Council Chambers of the Moorpark Community Center, 799
Moorpark Avenue, Moorpark, California, was posted on September 30, 2011, at a
conspicuous place at the Moorpark Community Center, 799 Moorpark Avenue, Moorpark,
California.
I declare under penalty of perjury that the foregoing is true and correct.
Executed on September 30, 2011.
Maureen Benson, City Clerk
CITY OF MOORPARK, CALIFORNIA
Redevelopment Agency Meeting
of 119 -05 -ao ITEM S.A.
ACTION: awa&t .d"
- - MIN T-LES OF THE SPECIAL MEETING OF THE
BY ENT AGENCY OF THE CITY OF MOORPARK
Moorpark, California August 24, 2011
A Special Meeting of the Redevelopment Agency of the City of Moorpark was held on
August 24, 2011 in the Community Center of said City located at 799 Moorpark Avenue,
Moorpark, California.
1. CALL TO ORDER:
Chair Parvin called the City Council meeting and the Redevelopment Agency
meeting to order concurrently at 6:47 p.m.
2. ROLL CALL:
Present: Agency Members Mikos, Pollock, Van Dam, and
Chair Parvin.
Absent: Agency Member Millhouse.
Staff Present: Steven Kueny, Executive Director; Greg Murphy,
Assistant General Counsel; Hugh Riley, Assistant
Executive Director; Deborah Traffenstedt, Deputy City
Manager; Ron Ahlers, Agency Treasurer; David Moe,
Redevelopment Manager; John Brand, Senior
Management Analyst; and Blanca Garza, Deputy City
Clerk.
3. PUBLIC COMMENT:
None.
4. REORDERING OF, AND ADDITIONS TO, THE AGENDA:
CONSENSUS: It was the consensus of the Agency to reorder the agenda to take
Closed Session items first with the Open Session Items to follow.
MOTION: Agency Member Mikos moved and Agency Member Van Dam seconded a
motion to go into closed session for discussion of one case under Item 7.13. on the
agenda. The motion carried by 4 -0 voice vote, Agency Member Millhouse absent. The
time was 6:52 p.m.
1
Minutes of the Redevelopment Agency
Moorpark, California Page 2 August 24, 2011
7. CLOSED SESSION:
B. CONFERENCE WITH LEGAL COUNSEL - ANTICIPATED LITIGATION
Initiation of litigation pursuant to Subdivision (c) of Section 54956.9 of the
Government Code: (Number of cases to be discussed - 4)
Present in closed session were Agency Members Mikos, Pollock, Van Dam, and
Chair Parvin; Steven Kueny, Executive Director; Greg Murphy, Assistant General
Counsel; Hugh Riley, Assistant City Manager; Deborah Traffenstedt, Deputy City
Manager; David Bobardt, Community Development Director; Ron Ahlers,
Finance Director; and David Moe, Redevelopment Manager.
Following closed session, the Agency recessed. The time was 7:12 p.m. The
Agency meeting reconvened into open session at 7:32 p.m.
Mr. Kueny stated one case under Item 7.13. was discussed and there was no
action to report.
4. REORDERING OF, AND ADDITIONS TO, THE AGENDA: (continued)
CONSENSUS: It was the consensus of the Agency to pull Item 6.13. from the Consent
Calendar, for individual consideration, upon the request of Agency Member Mikos.
5. PRESENTATION /ACTION /DISCUSSION:
A. Consider Adopting an Enforceable Obligations Payment Schedule. Staff
Recommendation: 1) Adopt, as described in the agenda report, the
Enforceable Obligation Payment Schedule identifying the Agency's
enforceable obligations for the months of October, November, and
December of 2011; and 2) Direct staff to transmit the Enforceable
Obligation Payment Schedule to the State and post on the City's
website.
Mr. Kueny gave the staff report.
There were no speakers.
MOTION: Agency Member Pollock moved and Agency Member Van Dam
seconded a motion to: 1) Adopt, as described in the agenda report, the
Enforceable Obligation Payment Schedule identifying the Agency's enforceable
obligations for the months of October, November, and December of 2011; and
2) Direct staff to transmit the Enforceable Obligation Payment Schedule to the
State and post on the City's website. The motion carried by voice vote 4 -0,
Agency Member Millhouse absent.
2
Minutes of the Redevelopment Agency
Moorpark, California Page 3 August 24, 2011
6. CONSENT CALENDAR:
MOTION: Chair Parvin moved and Agency Member Pollock seconded a motion to
approve the Consent Calendar with the exception of Item 6.B., which was pulled for
individual consideration. The motion carried by voice vote 4 -0, Agency Member
Millhouse absent.
A. Consider Approval of the Minutes of the Regular Redevelopment Agency
Meeting of July 20, 2011. Staff Recommendation: Approve the minutes.
The following item was pulled for individual consideration.
B. Consider Request from Country Days Committee to Hold Parade and
Street Fair on October 1, 2011, from 8 a.m. to 3 p.m. on High Street and
to Use Adjacent Property for the Event. Staff Recommendation: 1)
Waive fee for use of Redevelopment Agency property; and 2) Require
Committee to provide the Agency with an indemnification agreement,
and name the City and Agency as additional insureds in the Committee's
insurance policy.
In response to Agency Member Mikos, Mr. Brand clarified the Country
Days Parade and Street Fair will take place on Saturday, October 1,
2011, from 9 a.m. to 4 p.m. Mr. Brand also indicated additional Country
Days events are taking place Friday, September 30, 2011.
MOTION: Agency Member Mikos moved and Chair Parvin seconded a motion to:
1) Waive fee for use of Redevelopment Agency property; and 2) Require
Committee to provide the Agency with an indemnification agreement, and name
the City and Agency as additional insureds in the Committee's insurance policy.
The motion carried by voice vote 4 -0, Agency Member Millhouse absent.
8. ADJOURNMENT:
MOTION: Agency Member Pollock moved and Agency Member Mikos seconded a
motion to adjourn. The motion carried by voice vote 4 -0, Agency Member Millhouse
absent. The time was 7:43 p.m.
Janice S. Parvin, Chair
ATTEST:
Maureen Benson, Agency Secretary
3
;.iYV of MOORPARK, CALIFORNIA
Redevelopment Agency Meeting
ITEM 5.13.
,T �o -os -ao u
ACTION:J&a&ddd ! - -
�nln 111—RE-DEVELOPMENT AGENCY OF THE CITY OF MOORPARK
BY-
--- September 7, 2011
A Regular Meeting of the Redevelopment Agency of the City of Moorpark was held on
September 7, 2011, 2011, in the Community Center of said City located at 799
Moorpark Avenue, Moorpark, California.
1. CALL TO ORDER:
Chair Parvin called the meeting to order at 7:53 p.m.
2. ROLL CALL:
Present: Agency Members Mikos, Pollock, Van Dam, and Chair
Parvin.
Absent: Agency Member Millhouse.
Staff Present: Steven Kueny, Executive Director; Hugh Riley, Assistant
Executive Director; Deborah Traffenstedt, Deputy City
Manager; Ron Ahlers, Agency Treasurer; David Moe,
Redevelopment Manager; and Maureen Benson, Agency
Secretary.
3. PUBLIC COMMENT:
None.
4. REORDERING OF, AND ADDITIONS TO, THE AGENDA:
None.
5. PRESENTATION /ACTION /DISCUSSION:
A. Consider Resolutions to Enact the Provisions of Assemblv Bill x1 27
(ABx1 27) in Order to Opt -in to the Voluntary Alternative Redevelopment
Program, Specifically: 1) Resolution Authorizing Execution of a
Remittance Agreement with the City of Moorpark Pursuant to Health and
Safety Code Section 34194.2 and 2) Resolution Reducing the Allocation
to the Low and Moderate Income Housing Fund for the 2011 -2012 Fiscal
Year and Makina Certain Findings and Determinations. Staff
Recommendation: 1) Adopt Resolution No. 249, authorizing the Agency
Chair to execute the Remittance Agreement with the City of Moorpark
pursuant to Health and Safety Code Section 34194.2; and 2) Adopt
Resolution No. 250, reducing the allocation to the Low and Moderate
I<
Minutes of the Redevelopment Agency
Moorpark, California Page 2 September 7, 2011
Income Housing Fund for the 2011 -2012 Fiscal Year and making certain
findings and determinations.
Mr. Ahlers gave the staff report.
There were no speakers.
MOTION: Agency Member Pollock moved and Agency Member Mikos seconded
a motion to: 1) Adopt Resolution No. 249, authorizing the Agency Chair to
execute the Remittance Agreement with the City of Moorpark pursuant to Health
and Safety Code Section 34194.2; and 2) Adopt Resolution No. 250, reducing
the allocation to the Low and Moderate Income Housing Fund for the 2011 -2012
Fiscal Year and making certain findings and determinations. The motion carried
by roll call vote 4 -0, Agency Member Millhouse absent.
6. CONSENT CALENDAR: (ROLL CALL VOTE REQUIRED)
None.
7. CLOSED SESSION:
None was held.
8. ADJOURNMENT:
Chair Parvin adjourned the meeting at 8:10 p.m.
Janice S. Parvin, Chair
ATTEST:
Maureen Benson, Agency Secretary
5
ITEM 5.C.
(11TV OP MOORPARK, CALIFORNIA
Redevelopment Agency Meeting
MOORPARK REDEVELOPMENT AGENCqY
AGENDA REPORT ACTION:
TO: Honorable Board of Directors BY. - -s-�
FROM: David Moe, Redevelopment Manager `N
DATE: September 26, 2011 (Agency Meeting of October 5, 2011)
SUBJECT: Consider Adopting an Amended Enforceable Obligations Payment
Schedule
BACKGROUND & DISCUSSION
On June 29, 2011, as part of adopting the State of California Fiscal Year (FY) 2011 -12
budget, the Governor signed two trailer bills, ABX1 26 ( "Dissolution Act ") and ABX1 27
( "Voluntary Alternative Redevelopment Program "), into law. The legislation became
effective on June 29, 2011. ABX1 26 eliminates redevelopment agencies as of October
1, 2011, and requires all agencies to adopt an Enforceable Obligations Payment
Schedule ( "EOPS ") for payments that must be made between October 1 and December
31.
The Redevelopment Agency of the City of Moorpark ( "Agency ") adopted the EOPS at a
special meeting on August 24, 2011. Staff promptly sent the EOPS to the State of
California Department of Finance ( "DOF ") for their three day review period. The DOF
contacted staff within the review period and sent a letter ( "Attachment I") notifying staff
that Ken Rayzor's contract must be removed from the EOPS and requested further
information on the 161 Second Street park and 780 Walnut /124 First Street demolition
project to determine if the projects are enforceable obligations. Staff has removed Ken
Rayzor's contract, 161 Second Street demolition (part of the park project), and 780
Walnut /124 First Street demolition from the EOPS, because these projects conflicted
with ABX1 26. The relocation work associated with the 161 Second Street park will
remain on the EOPS due to the fact that a contract was signed with the relocation
consultant and a Notice of Eligibility was issued to the tenants prior to June 29, 2011.
ABX1 26 allows for the FOPS to be amended to include additional enforceable
obligations that were not originally included in the adopted EOPS. The pass through
payments for FY 2010/11 were not included on the adoption of the EOPS due to the
California Supreme Court issued stay blocking pass through payments after June 29,
2011. However, after consideration, staff is recommending including the FY 2010/11
pass through payments on the EOPS, due to the fact that the Agency has pass through
I
Honorable Board of Directors
October 5, 2011
Page 2
agreements with taxing entities and the obligation to pay the pass through occurred
prior to the passage of ABX1 26. No pass through payments for FY 2011/12 shall be
included in the EOPS, as payment is blocked by the California Supreme Court issued
stay.
Staff recommends adopting the attached amended EOPS ( "Attachment 2 ") which
identifies the Agency's enforceable obligations, transmitting the information to the State,
and posting it on the City's website, as ordered in the legislation.
FISCAL IMPACT
The Agency's spending ability shall be limited to items listed on the EOPS until the
Court rules on the lawsuit.
STAFF RECOMMENDATION
1. Adopt attached amended Enforceable Obligation Payment Schedule identifying
the Agency's enforceable obligations for the months of October, November and
December of 2011; and
2. Direct staff to transmit the amended Enforceable Obligation Payment Schedule
to the State and post on the City's website, as ordered in the legislation.
Attachment 1 Department of Finance letter
Attachment 2 Amended Enforceable Obligation Payment Schedule
7
ENT dM
CL ^ Z
w II11 q
DEPARTMENT OF
F I N A N C E
August 31, 2011
Attachment 1
David C. Moe, Redevelopment Manager
City of Moorpark
799 Moorpark !Avenue
Moorpark, CA 93021
Dear Mr. Moe,
EDMUND G. BROWN JR. - GOVERNOR
91 5 L 5TRCCT ■ SACRAMENTO CA ■ 956 14-3706 ■ www.00F.cA.aov
On August 25, 2011, pursuant to AB 26, Section 34169, subdivision (g)(1), you submitted an
adopted Enforceable Obligation Payment Schedule (EOPS) to the California Department of
Finance (Finance). On August 30, 2011, we contacted you to get further clarification for items
listed in your EOPS.
It is our understanding that a binding contract for the High Street Arts Center with Ken Rayzor
Productions was executed after June 29, 2011. Section 34163, subdivision (b) states that
commencing on June 29, 2011, an agency shall not have the authority to, and shall not enter
into contracts with any entity. Therefore, based on the criteria set forth in Section 34163,
subdivision (b), placing the contract with Ken Rayzor Productions on the EOPS is in violation of
AB 26.
Additionally, it is our understanding that binding contracts have yet to be executed for the
following projects listed on your EOPS:
• 161 Second Street Park
• 780 Walnut Street and 124 First Street Demolition
Based on the criteria set forth in Section 34167, subdivision (d), these projects do not qualify as
an enforceable obligation,
As such, Finance requests that you provide evidence that binding contracts existed for these
projects prior to June 29, 2011, or remove these projects, and submit a revised EOPS.
Sincerely,
Mark Hill
Program Budget Manger
S
Name of Redevelopment Agency Redevelopment Agency of the City of Moorpark
ProjectArea(s) Moorpark Redevelopment Project ATTACHMENT 2
AMENDED ENFORCEABLE OBLIGATION PAYMENT SCHEDULE
Per AB 26 - Section 34167 and 34169 (')
Page 1 of _2_ Pages
Recognized Obligation Payment Schedule (ROPS), which must be prepared by the dissolving Agency by 9130111. (The draft ROPS must be prepared by the Successor Agency by 11130111.)
If an agency adopts a continuation ordinance per ABx1 27, this EOPS will not be valid and there is no need to prepare a ROPS. " Include only payments to be made after the adoption of the EOPS.
0
Project Name / Debt Obligation
Payee
Description
Total Outstanding
Debt/Obligation
Total Due During
Fiscal Year
Payments by month
Aug"
Sept
Oct
Nov
Dec
Total
1)
1999 Tax Allocation Bonds
Bank of New York
Bond Proceeds
755,709 00
646.753 00
S 646.753 00
2)
2001 Tax Allocation Bonds
Bank of New York
Bond Proceeds
602.098 00
308 716 00
S 308.716 OC
3
2006 Tax Allocation Bonds
Bank of New York
Bond Proceeds
545.987 00
293 356 00
$ 293.356 00
4
Employee Cost
Agency Employees
Payroll
351,748 00
351,748 00
40,586 00
27,058 00
27.058.00
27,058 00
$ 121,760 00
5)
Ruben Castro Human Services Center
HMC Architects
Architect
107 000.00
107,000 00
15,000.00 1
22,000.00
30,000 00
20,000.00
20,000 00
S 107.000 00
6)
Ruben Castro Human Services Center
RJR Engineering
Civil Engineering
22,000 00
22.000 00
7,500.00
14,500.00
-
-
- i
$ 22 000 00
7)
Ruben Castro Human Services Center
Jensen Design & Survey
Survey Services
33.000 00
33.000 00
6,600.00
6,600.00
6,600.00
6,600.00
6,60000
S 33.000 00
8)
Ruben Castro Human Services Center
Vertical V -BTC Labs
Soils & Steel Inspections
120,000 00
120,000 00
65,000 00
15,000.00
15,000.00
15,000.00
10,000.00
$ 120.000 00
9)
Ruben Castro Human Services Center
Barnhart Balfour Beatty
Construction Management
325.000.00
325,000 00
65,000.00
65,000.00
65,000.00
65,000.00
65,000 00
S 325.000.00
10)
Ruben Castro Human Services Center
Ky Spangler
Project Administration
13,000 00
13,000 00
2,600.00
2,600.00
2,600.00
2,600.00
2,600.00: $ 13.000 00
11
Ruben Castro Human Services
Center
Damar Construction
Grading (Construction)
265.000 00
265.000 00
53.000 00
53.000.00
53.000 00
53,000.00
33.000 00
S 265.000 00
12)
Ruben Castro Human Services
Center
Precision Plumbing
Underground Utilities
625,250 00
625.250 00
125 050 00
125.050 00
125.050 00
125.050 00
125.050 00
S 625,250 00
13
Ruben Castro Human Services
Center
Santa Clanta Concrete
Concrete / CMU
(Construction)
1,040,000 00
1.040 000 00
208.000 00
208.000 00
208 000 00
208.000 00
2)8.000.00
$ 1.040.000 00
14)
Ruben Castro Human Services
Center
Steelcon. Inc
Steel framin (Construction)
583,500 00
583.500 00
116.000.00
116.000 00
117,000 00
117.000 00
117.500 00
1 $ 583 500 00
15
Ruben Castro Human Services
Center
Best Contracting
Roofing & Sheet metal
roofing
352.000.00
352,000 00
70.400 00
70.400.00
70 400 00
70,400 00
7040000
S 352,000 00
16)
Ruben Castro Human Services
Center
Standard Drywall
Drywall (Construction)
1,225,000 00
1,225.000.00
245.000 00
245.000 00
245.000 00
245.000 00
245.000 00
$1.225.000 00
17)
Ruben Castro Human Services
Center
Environmental Heating
HVAC (Construction)
564.750.00
564,750 00
112,950 00
112 95000
112.950 00
112,950 00
112.950 00
S 564,750 00
18
Ruben Castro Human Services
Center
Taft Electric Company
Electric (Construction)
672,000 00
672.000 00
134.400.00
134.400 00
134,400 00
134.400 00
134 400 00
S 672.000.00
19
Ruben Castro Human Services
Center
John Fisher
Public Art
139.000.00
60.000 00
30.000 00
15.000 00
15.000 00
S 60.000 00
20
Aszkenazy Disposition and
Development Agreement
TBD
Removal of Structures and
Intersection Improvements
per DDA
500,000 00
400.000 00
4D0.000 00
$ 400.000 00
21
1083 Walnut Canyon and 112 First
Street Demolition
Flores- Sierra Construction
Removal of Structures
17,000.00
17,000 00
17.000.00
1 $ 17,000 00
22)
Pass Through Agreements
County and MUSD
Pass Through Payments
3.334.995.00
3,334,995 00
3,334,995 00
$3,334,995 00
23
24
Totals - This Page
Totals - Page 2
Totals - Other Obligations
Grand total - All Pages
h. - f.d hu th. - a ... Innm.nt ... nev ri Inver than
S 6.955.248.00
$ 8,680.042 00
$ 1.226.500.00
$ 2,479,911 00
$ 1,259.058 00
S1.217.05800
S 1 612.558 00
$887449500
$ 148,000 00
$ 148.000 00
$
$ 46.000 00
$ 51,000 00
S 12.000 00
S 26.000 00
S 135.000.00
$
$ -
S
$
$
$ -
$
S
$ 7,103,248.00
late Auaust. It is valid
S 8,828,042 00
throuah 12131111. It is the
$ 1,226,500.00
basis for the Preliminary
S 2,525,911 00
Draft
$ 1,310.058 00
S 1.229,058 00
S 1.638 558 00
$9.009,495 00
Recognized Obligation Payment Schedule (ROPS), which must be prepared by the dissolving Agency by 9130111. (The draft ROPS must be prepared by the Successor Agency by 11130111.)
If an agency adopts a continuation ordinance per ABx1 27, this EOPS will not be valid and there is no need to prepare a ROPS. " Include only payments to be made after the adoption of the EOPS.
0
Name of Redevelopment Agency Redevelopment Agency of the City of Moorpark
Project Area(s) Moorpark Redevelopment Project
AMENDED ENFORCEABLE OBLIGATION PAYMENT SCHEDULE
Per AB 26 - Section 34167 and 34169 (')
Page 2 of _2_ Pages
This Enforceable Obligation Payment Schedule (EOPS) is to be adopted by the redevelopment agency no later than late August. It is valid through 12131/11. It is the basis for the Preliminary Draft
Recognized Obligation Payment Schedule (ROPS), which must be prepared by the dissolving Agency by 9/30111. (The draft ROPS must be prepared by the Successor Agency by 11/30/11.)
If ar agency adopts a continuation ordinance per ABX1 27 this EOPS will not be valid and there is no need to prepare a ROPS.
O
Project Name / Debt Obligation
Payee
Description
Total Outstanding
Debt or Obli ation
Total Due During
Fiscal Year
Payments by month
Aug"
Sept
Oct
Nov
Dec
Total
1
161 Second Street Park
Veronica Jacinto
Relocation Payment
30.000.00
30.000 00
30.000 00
S 3000000
2)
161 Second Street Park
Overland, Cutler and
Pacific
Relocation Conslutant
25,000 00
25,000 00
5,000 00
7.00000
S 12,000 00
3)
A Few Good Men
Various
Theater Season
24,500 00
24,500 00
17 000 00
7,500 00
S 24.500 00
4)
High School Musical
Varous
Youth Workshop
12,000 00
12.000 00
12,000 00
S 12 000.00
5)
Little Shop of Horrors
Various
Theater Season
24,500.00
24.500 00
5.00000
6 50000
6.500.00
6.50000
S 24,500 00
6)
Christmas Magic
Various
Theater Season
16,000 00
16,000 00
5.500 00
10,500 00
S 16.000 00
7)
Hairspray
Various
Theater Season
16,000 00
16,000 00
7.000 00
9,00000
S 16,000 00
8)
S
9)
S
10)
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S -
S
S -
S
S -
S
S
S
S
S
S
S
S
S
S
Totals - This Page
$ 148,000.00
$ 148.000 00
$
$ 46,000.00
$ 51,000.00
S 12,000.00
$ 26,000 00
$135.00000
This Enforceable Obligation Payment Schedule (EOPS) is to be adopted by the redevelopment agency no later than late August. It is valid through 12131/11. It is the basis for the Preliminary Draft
Recognized Obligation Payment Schedule (ROPS), which must be prepared by the dissolving Agency by 9/30111. (The draft ROPS must be prepared by the Successor Agency by 11/30/11.)
If ar agency adopts a continuation ordinance per ABX1 27 this EOPS will not be valid and there is no need to prepare a ROPS.
O