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RES-SAORA-016 Obligation Payment Schedule 2015RESOLUTION NO. SAORA - 016 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, 2015 THROUGH JUNE 30, 2015 PURSUANT TO SECTION 34177(1)(2)(A) OF THE CALIFORNIA COMMUNITY REDEVELOPMENT LAW. WHEREAS, Assembly Bill x1 26 ( "AB 26 ") and AB x1 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 14 -15B attached to this Resolution as Attachment No. 1 and directs the staff to transmit the ROPS 14 -14B 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 91h day of September, 2014. f/cJc Teresa L Smith, Chairperson ATTEST: Mary E. Mu .Agency Cler 2 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, 2014, by the following vote: AYES:BOARD MEMBERS:Alvarez, Whitaker, Smith, Murphy, Bilodeau NOES:BOARD MEMBERS:None ABSENT:BOARD MEMBERS:None ABSTAIN:BOARD MEMBERS:None Mary E. Mu y, Agency Cle rlAbstentions: Director Alvarez Item No. 15 -16 – (Royer & South Grand Apartments) due to property ownership nearby Item No. 18 – (Property Maintenance) due to property ownership nearby Item No. 21 – (CAM) due to property ownership nearby Item No. 27 -29 - (Metrolink Parking Structure) due to property ownership nearby Item No. 51 -53 - (Metrolink Parking and OCTA) due to property ownership nearby Item No. 73 - (Tierra West) due to property ownership nearby Item No. 75 – (Azteca) due to property ownership nearby Item No. 82 – (Reserve from ROPS2) due to property ownership nearby Item No. 105 - (Metrolink Parking Structure) due to property ownership nearby Renumbered Item from ROPS 13 -14 A & B - Item 30) Item No. 100 -102 - (Property Maintenance) due to property ownership nearby (Renumbered Item from ROPS 13 -14 A - Item 18) Item No. 110, 112 -116 - (Property Maintenance) due to property ownership nearby Renumbered Item from ROPS 13 -14 A - Item 18) Item No. 118 - (CAM) due to property ownership nearby (Renumbered Item from ROPS 13 -14 A - Item 2 1) Director Whitaker Item No. 7 – (Southern Counties Oil) due to SC Fuels as a law firm client Item No. 27 -29 – (Metrolink Parking Structure) due to Metrolink as a law firm client Item No. 51 -52 - (Metrolink Parking Structure) due to Metrolink as a law firm client Item No. 53 - (OCTA) due to Metrolink as a law firm client Item No. 73 - (Tierra West) due to Metrolink as a law firm client Item No. 82 – (Reserve from ROPS2) due to Metrolink as law firm client Director Bilodeau Item 11 – (County of Orange Sewer user Fees) due to his employment with the County of Orange Q m C m y .6 C T Z C) CD3 o. 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' Q(D C I N. mm I o ° .g o n O I2 N (D a'D1 o a ;I w O ll n O W .1 o 0 I m CD m o(D 01OA s Onn 1N ( N (D vi m Cn p ' o.(D I F, O C O C o Ut fD cnmSm 3 m a w O v O'Ic no n 0 I cn o 3 m o Im' 3 m 31 rL CD I nQn o ww m Dm m D O m m D , ! D O C D = o a o ° I N'°I O Il I I II I AImm Z7 Z7 (D n 11 Cl) il.III CID O D puomA< ACD m!l',3 3- v imNwO o C , mOo ' n O cn IIo 31' aI 3'I W m . o m 'r D v o o l .v I o IL o o a m ;a O ui 0 Cl) III = ' m ID N ol CI N Z7 D wI WI v m m D'ICD o n,I ( D'' m' a 0N r N (D o i y L, D 'o'' O SUCCESSOR AGENCY ADMINISTRATIVE BUDGET FY 14 -15 ROPS 14 -15B n nnnMncTQATwF BUDGET FUNDED BY REDEVELOPMENT PROPERTY TAX TRUST FUND (RPTTF) Name of Vendor /Type of Expense Annual ROPS 14 -15B Funding Source Description of Service Phone service for SA offices (940)2,400 1,200 RPTTF based on FY 2014 -15 budget Postage (940)600 300 RPTTF based on FY 2014 -15 budget Mobile phones for SA staff (940)780 390 RPTTF based on FY 2014 -15 budget gas utility for SA offices (940)0 0 SA Asset transferred to City electricity for SA offices (940)0 0 SA Asset transferred to City water utility for SA offices (940)0 0 SA Asset transferred to City copier rental (940)5,000 2,500 RPTTF based on FY 2014 -15 budget audits - LSL (940)5,500 9,330 RPTTF based on FY 2014 -15 budget auditing services per AB 1484 (940)0 0 printing /binding (940)0 0 Legal notices (940)1,800 900 RPTTF based on FY 2014 -15 budget general SA Legal (940)50,000 25,000 RPTTF based on FY 2014 -15 budget mileage reimbursement (940)300 150 RPTTF based on FY 2014 -15 budget training /seminars (940)2,000 1,000 RPTTF based on FY 2014 -15 budget office supplies (940)2,500 1,250 RPTTF based on FY 2014 -15 budget office equipment (940)500 250 RPTTF based on FY 2014 -15 budget SA building repairs /maint (940)0 0 office equipment repairs (940)200 100 RPTTF based on FY 2014 -15 budget G & A overhead allocation (940)91,897 21,897 RPTTF based on FY 2014 -15 budget Subtotal Non - payroll Admin 163,477 64,267 SA payroll costs (940)250,000 99,180 payroll costs for SA staff involved in wind -down activities TOTAL FUNDED BY RPTTF: $413,477 $153,447 Total Admin Budget for ROPS $163,447 N: \Economic Development Files \SUCCESSOR AGENCY \ROPS \ROPS 14- 15B \Admin Budget \Administrative Budget ROPS 14 -15B 090314).xlsx,9/5/2014