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RES-SAORA-020 Obligation Payment Schedule 2016RESOLUTION NO. SAORA - 020 A RESOLUTION OF THE SUCCESSOR AGENCY TO THE ORANGE REDEVELOPMENT AGENCY APPROVING A RECOGNIZED OBLIGATION PAYMENT SCHEDULE AND RELATED ADMINISTRATIVE BUDGET FOR THE PERIOD COVERING JANUARY.1, 2016 THROUGH JUNE 30, 2016 PURSUANT TO SECTION 34177(1)(2)(A) OF THE CALIFORNIA COMMUNITY REDEVELOPMENT LAW. WHEREAS, Assembly Bill xl 26 ( "AB 26 ") and AB xl 27 were passed by the State Legislature on June 15, 2011 and signed by the Governor on June 28, 2011; and WHEREAS, among other things, AB 26 amended Sections 33500, 33501, 33607.5 and 33607.7 of the California Health and Safety Code and added Part 1.8 and Part 1.85 of Division 24 to the California Health and Safety Code; and WHEREAS, by enactment of Part 1.85 of Division 24 of the California Health and Safety Code, subject to all reservations herein stated, the Orange Redevelopment Agency (the Agency ") was dissolved as of February 1, 2012; and WHEREAS, Assembly Bill 1484 ( "AB 1484 ") was passed by the State Legislature on June 27, 2012 and signed by the Governor on June 27, 2012 which adds and amends certain provisions contained in AB 26, including the process for adopting Recognized Obligation Payment Schedules; and WHEREAS, California Health and Safety Code Section 34173(a) designates successor agencies as successor entities to former redevelopment agencies; and WHEREAS, on January 10, 2012, by Resolution No. 10625, the City of Orange declared itself as the successor agency (the "Successor Agency ") upon the dissolution of the Agency, subject to all reservations stated in such resolution; and WHEREAS, the ROPS identifies each enforceable obligation on which payments will be required and identifies the minimum payment amounts and due dates of payments required by each such enforceable obligation; and WHEREAS, California Health and Safety Code Section 34177(1) provides that a successor agency must prepare a Recognized Obligation Payment Schedule (ROPS) for every six -month period thereafter; and WHEREAS, California Health and Safety Code Section 341770) provides that a successor agency must prepare an administrative budget concurrently with a ROPS for every six -month period thereafter; and NOW, THEREFORE, the Governing Board of the Successor Agency to the Orange Redevelopment Agency (the "Successor Agency ") hereby resolves, finds and determines, on the basis of the facts set forth in the agenda report presented to it and any testimony received at the meeting at which this matter was considered, as follows: Section 1. The Successor Agency hereby finds and determines that the foregoing recitals are true and correct. Section 2. All legal prerequisites to the adoption of this Resolution have occurred. Section 3. The Successor Agency hereby approves the ROPS 15 -16B attached to this Resolution as Attachment No. 1 and directs the staff to transmit the ROPS 15 -16B and the related administrative budget included on the ROPS 15 -16B as Line Item 70 and incorporated herein by this reference to the Oversight Board of the Successor Agency to the Redevelopment Agency for review and consideration. Section 4. The Executive Director of the Successor Agency or his designee is hereby authorized to take such actions as are necessary and appropriate to comply with AB 26 and AB 1484. Section 5. The Clerk of the Successor Agency shall certify to the adoption of this Resolution. Section 6. This Resolution shall take effect immediately upon its adoption. ADOPTED this 8th day of September, 2015. Teresa t. Smith, Chairpe son 2 ATTEST: Mary E. gency er I hereby certify that the foregoing Resolution was duly and regularly adopted by the Successor Agency at a regular meeting thereof held on the 9 day of September, 2015, by the following vote: AYES:BOARD MEMBERS:Alvarez, Whitaker, Smith, Murphy, Nichols NOES:BOARD MEMBERS:None ABSENT:BOARD MEMBERS:None ABSTAIN:BOARD MEMBERS:None Mary E. M gency Cler A hctenti nnc- Director Alvarez Line Item No. 15 -16 (Royer & South Grand Apts) due to property ownership in area. Line Item No. 27 -28 (Metrolink Parking Structure) due to property ownership in area. Line Item No. 73 (Tierra West) due to property ownership in area. Line Item No. 91, 93 and 95 (Project Management) due to property ownership in area. Identified in prior ROPS 13 -14A as Line Item 18. Line Item No. 100 -102 (Property Maintenance) due to property ownership in area. Identified in prior ROPS 13 -14A as Line Item 18. 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C7 d n n C 3N C) a d s to z Ao 6MCm E n a pp dxmmfg 9 m n mM 9D s d v m N Nno o D 3 gs N go o 8as N c ffi o^ pn D Cn xwc o s m A c D 9 v _ 6 ASy5vaaL+p E °m v AO2 m m w g Crgmoo a° Ko m VD D n 3 3 s 0 m 0 AOOdv. a C) n o c _m a N Q om o 7s m a m NOnJNNO CNN m O n i y W o ASv d a O of 9 a p o. C7 d n n C 3N C) a d fl 0 lD Qd A (7 m NO C Nza N QO l dSO O C D1S L C cn00 ao T 0 o m w o S e a O n p y U m m n a m m n m a Obi If s o a Om g Om om vDy evD9 y9 ^zz GD Fmsn 9p p mg ' 8 3 u (G1yG N g o3m+ g NaN paDg'9 oR oN N c N m 9 3 y C o 6 m O Y Z N I m c 1yC D z v g 4 m NNnON D e+ D WS m mNc S A O N 3 pDZ c m ° x e7 nc n y S T o 'O 3 m N g a O cO m 9 6 m m ti z 8 =S A c D D 3 aIC =.CCOc 9>y s O 3 3 0 lD Qd A (7 m NO C Nza N QO l dSO O C D1S L C cn00 ao T 0 o m w o S e a O n p y U m m n a m m n m a Obi SUCCESSOR AGENCY ADMINISTRATIVE BUDGET FY 15 -16 ROPS 15 -16B ADMINISTRATIVE BUDGET FUNDED BY REDEVELOPMENT PROPERTY TAX TRUST FUND ( RPTTF) Name of Vendor /Type of Expense Annual ROPS 15 -16A ROPS 15-166 Funding Source Description of Service Phone service for SA offices (940)2,400 1,200 0 RPTTF based on FY 2015 -16 budget Postage (940)600 300 0 RPTTF based on FY 2015 -16 budget Mobile phones for SA staff (940)780 390 0 RPTTF based on FY 2015 -16 budget as utility for SA offices (940)0 0 0 RPTTF SA Asset transfer to City electricity for SA offices (940)0 0 0 RPTTF SA Asset transfer to Ci water utility for SA offices (940)0 0 0 RPTTF SA Asset transfer to City copier rental (940)5,000 2,500 0 RPTTF based on FY 2015 -16 budget audits - LSL (940)5,500 0 0 RPTTF based on FY 2015 -16 budget auditing services per AB 1484 (940)0 0 0 RPTTF not needed unless County requests audit printing/binding (940)0 0 0 RPTTF not needed . Legal notices (940)1,800 900 0 RPTTF SA Asset disposition requires public hearing g eneral SA Legal (940)50,000 25,000 0 RPTTF based on FY 2015 -16 budget mileage reimbursement (940)300 150 0 RPTTF based on FY 2015 -16 budget training/seminars (940)1,000 500 0 RPTTF I based on FY 2015 -16 budget office supplies (940)2,500 1,250 0 RPTTF based on FY 2015 -16 budget office equipment (940)500 250 0 RPTTF based on FY 2015 -16 budget SA building repairs /maint (940)0 0 0 RPTTF based on FY 2015 -16 budget office equipment repairs (940)200 100 0 RPTTF based on FY 2015 -16 budget G &A overhead allocation (940)91,897 65 0 RPTTF based on FY 2015 -16 budget Subtotal Non - payroll Admin 162,477 97,540 0 RPTTF SA payroll costs (940)152,274 7,834 payroll costs for SA staff involved in wind -down activities TOTAL FUNDED BY RPTTF: $249,814 $7,834 Total Admin Budget for ROPS $249,814 $7,834 N: \Economic Development Files \SUCCESSOR AGENCY\ROPS \ROPS 15- 16B\Administrative Budget ROPS 15 -16B (final),9 /2/2015