HomeMy WebLinkAbout2025-08-26 - AGENDA REPORTS - FINAL PAYMENT SCHEDULE DEPT FINO
Agenda Item: 9
CITY OF SANTA CLARITA
AGENDA REPORT
CONSENT CALENDAR
CITY MANAGER APPROVAL: Lj
'
DATE: August 26, 2025
SUBJECT: LAST AND FINAL RECOGNIZED OBLIGATION PAYMENT
SCHEDULE FOR SUBMITTAL TO THE DEPARTMENT OF
FINANCE
DEPARTMENT: Administrative Services
PRESENTER: Brittany Houston
RECOMMENDED ACTION
City Council acting as the Successor Agency to the former Redevelopment Agency adopt a
resolution approving the Last and Final Recognized Obligation Payment Schedule from Fiscal
Year 2026-27 through Fiscal Year 2042-43 for submittal to the Department of Finance.
BACKGROUND
The Redevelopment Agency (RDA) of the City of Santa Clarita (City) was activated by the City
Council on November 28, 1989, pursuant to the Community Redevelopment Law. At the time of
its establishment, the City Council declared itself to be the governing board of the RDA. As a
result of AB X1 26 and the decision of the State Supreme Court, as of February 1, 2012, all
redevelopment agencies in the state of California, including the City's RDA, were dissolved, and
successor agencies were designated as successor entities to the former redevelopment agencies to
expeditiously wind down the affairs of the former redevelopment agencies. On January 24, 2012,
pursuant to Resolution 12-3 and Section 34173 of the Dissolution Act, the City Council elected
to serve as the successor agency to the RDA. Section 34173(g) of the Dissolution Act, added by
AB 1484, expressly affirms that the Successor Agency is a separate public entity from the City,
that the two entities will not merge, and that the liabilities of the RDA will not be transferred to
the City, nor will the assets of the RDA become assets of the City.
The Dissolution Act requires successor agencies to prepare a Recognized Obligation Payment
Schedule (ROPS) detailing the enforceable obligations of the successor agency and the source of
funds to be used to pay for each enforceable obligation. Pursuant to Health and Safety Code
(HSC) Section 34177 (o)(1), commencing with the ROPS covering the period July 1, 2016, to
June 30, 2017, and thereafter, the Successor Agency has submitted an Oversight Board approved
annual ROPS to the Department of Finance and the County Auditor -Controller by February 1,
Page 1
Packet Pg. 179
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2016, and each February 1 thereafter. The Last and Final ROPS is the last submission and is the
final step toward dissolution. The Successor Agency will be formally dissolved once all
approved obligations have been paid.
Pursuant to California Health and Safety Code section 34191.6 (a), successor agencies may
submit a Last and Final ROPS if all of the following conditions are met:
The remaining debt is limited to administrative costs and payments pursuant to
enforceable obligations with defined payment schedules including, but not limited to,
debt service, loan agreements, and contracts.
All remaining obligations have been previously listed on the ROPS and approved for
payment by the Department of Finance (DOF) pursuant to HSC section 34177 (m) or (o).
The successor agency is not a parry to outstanding or unresolved litigation.
Pursuant to HSC section 34191.6 (a) (1)(2)(3), the successor agency has met the conditions for
the Last and Final ROPS. If approved, the DOF has 100 days from the date of submission to
issue a determination letter.
Upon Successor Agency and Oversight Board approval of the Last and Final ROPS, the Last and
Final ROPS will be submitted to the Department of Finance and County Auditor -Controller to
allow the Successor Agency to pay for enforceable obligations totaling $48,067,927: debt service
($34,566,475); debt related expenses ($124,534) and loan repayment to the City ($13,376,918).
The Successor Agency will continue to receive Redevelopment Property Tax Trust Fund
distributions every January and June to pay for the enforceable obligations between Fiscal Year
2026-27 and Fiscal Year 2042-43 as outlined in the Last and Final ROPS. Following full
payment of obligations in Fiscal Year 2042-43, the Successor Agency will be formally dissolved.
ALTERNATIVE ACTION
Other action as determined by City Council.
FISCAL IMPACT
Approval of the Last and Final ROPS will allow the Successor Agency to pay for enforceable
obligations totaling $48,067,927 as outlined in the Last and Final ROPS; debt service
($34,566,475); debt related expenses ($124,534) and loan repayment to the City ($13,376,918)
between Fiscal Year 2026-27 and Fiscal Year 2042-43.
ATTACHMENTS
Resolution - Last and Final ROPS
Page 2
Packet Pg. 180
9.a
RESOLUTION NO. SA 25-
A RESOLUTION OF THE GOVERNING BOARD OF THE SUCCESSOR
AGENCY TO THE REDEVELOPMENT AGENCY OF THE
CITY OF SANTA CLARITA, CALIFORNIA, APPROVING THE LAST AND
FINAL RECOGNIZED OBLIGATION PAYMENTS SCHEDULE (ROPS)
WHEREAS, pursuant to AB X1 26, enacted on June 28, 2011, and as subsequently
amended by AB 1484, SB 341, and SB 107 (Dissolution Act), the Redevelopment Agency to the
City of Santa Clarita was dissolved as of February 1, 2012, and the City of Santa Clarita elected
to serve as the Successor Agency to the former Redevelopment Agency to the City of Santa
Clarita; and
WHEREAS, pursuant to Health and Safety Code Section 34179 (q), commencing on and
after July 1, 2018, the County of Los Angeles, where more than 40 oversight boards were created
by the Dissolution Act, shall have five consolidated oversight boards each encompassing the five
supervisorial districts; and
WHEREAS, the Fifth Supervisorial District Consolidated Oversight Board (5th District
Consolidated Oversight Board) has jurisdiction over the Successor Agency of the Former
Redevelopment Agency to the City of Santa Clarita; and
WHEREAS, the Governing Board of the Successor Agency to the Redevelopment
Agency of the City of Santa Clarita held a regular meeting on August 26, 2025.
NOW, THEREFORE, the Governing Board of the Successor Agency to the
Redevelopment Agency of the City of Santa Clarita, California, does hereby resolve as follows
SECTION 1. The Governing Board of the Successor Agency to the Redevelopment
Agency of the City of Santa Clarita hereby approves the Successor Agency's Last and Final
Recognized Obligation Payment Schedule (ROPS) for the period of July 1, 2026 to June 30,
2043, attached hereto as Exhibit "A."
SECTION 2. The Secretary of the Successor Agency to the Redevelopment Agency of
the City of Santa Clarita shall certify the adoption of this resolution.
SECTION 3. The Successor Agency's officials and staff are hereby authorized and
directed to transmit this resolution and take all other necessary and appropriate actions as
required by law in order to effectuate its purposes.
Page 1 of 2 Packet Pg. 181
9.a
PASSED, APPROVED, AND ADOPTED this 26th day of August 2025.
CHAIR
ATTEST:
SECRETARY
DATE:
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss.
CITY OF SANTA CLARITA )
I, Mary Cusick, Secretary of the Successor Agency to the Redevelopment Agency of the
City of Santa Clarita do hereby certify that the foregoing Resolution No. SA 25- was duly
adopted by the Governing Board of the Successor Agency to the Redevelopment Agency of the
City of Santa Clarita at a regular meeting thereof, held on the 26th day of August 2025, by the
following vote:
AYES: BOARDMEMBERS:
NOES: BOARDMEMBERS:
ABSENT: BOARDMEMBERS:
SECRETARY
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Page 2 of 2 Packet Pg. 182
Exhibit A
9.a
Successor Agency:
County:
Initial ROPS Period
Final ROPS Period
Last and Final Recognized Obligation Payment Schedule (ROPS) - Summary
Filed for the July 1, 2026 through June 30, 2043 Period
Santa Clarita
Los Angeles
ROPS 26-27A
ROPS 42-43B
Total Outstanding
Requested Funding for Enforceable Obligations
Obligation
A
Enforceable Obligations Funded as Follows (B+C):
$ 31,650,760
B
Bond Proceeds
-
C
Other Funds
31,650,760
D
Redevelopment Property Tax Trust Fund (RPTTF) (E+F):
$ 48,067,927
E
RPTTF
48,067,927
F
Administrative RPTTF
-
G
Total Outstanding Enforceable Obligations (A+D):
$ 79,718,686
Certification of Oversight Board Chairman:
Pursuant to Section 34177 (o) of the Health and Safety code, I
hereby certify that the above is a true and accurate
Recognized Obligation Payment Schedule for the above /s/
named agency.
Name
Signature
Title
Date
EL
0
0
0
Z
Q
m
0
0
N
Packet Pg. 183
Santa Clarita Last and Final Recognized Obligation Payment Schedule (ROPS) - ROPS Detail
July 1,
2026 through June 30, 2043
A Period
B Period
Jul - December
January - June
Fund Sources
Fund Sources
Bond
Admin
Six -Month
Bond
Admin
Six -Month
ROPS Period Proceeds
Other Funds
RPTTF RPTTF
Total
ROPS Period Proceeds
Other Funds RPTTF RPTTF
Total
Twelve -Month Total
$
$ 31,650,760 $
13,450,396 $
$
45,101,156
$
$ $ 34,617,530 $
$
34,617,530
$
79,718,686
ROPS 26-27A
1,650,022
1,361,081
$
3,011,103
ROPS 26-27B
2,160,390
$
2,160,390
$
5,171,493
ROPS27-28A
1,676,522
1,373,350
$
3,049,872
ROPS27-28B
2,164,610
$
2,164,610
$
5,214,482
ROPS28-29A
1,698,597
1,473,727
$
3,172,324
ROPS28-29B
2,166,089
$
2,166,089
$
5,338,413
ROPS 29-30A
1,719,300
1,534,679
$
3,253,979
ROPS 29-30B
2,162,414
$
2,162,414
$
5,416,393
ROPS 30-31A
1,747,425
1,621,277
$
3,368,702
ROPS 30-31B
2,172,434
$
2,172,434
$
5,541,136
ROPS 31-32A
1,779,897
1,670,196
$
3,450,093
ROPS 31-32B
2,163,864
$
2,163,864
$
5,613,956
ROPS 32-33A
1,795,572
1,750,167
$
3,545,739
ROPS 32-33B
2,162,108
$
2,162,108
$
5,707,846
ROPS 33-34A
1,819,653
1,814,209
$
3,633,862
ROPS 33-34B
2,163,542
$
2,163,542
$
5,797,404
ROPS 34-35A
1,847,828
812,534
$
2,660,363
ROPS 34-35B
2,157,984
$
2,157,984
$
4,818,347
ROPS 35-36A
1,870,006
4,406
$
1,874,412
ROPS 35-36B
2,163,636
$
2,163,636
$
4,038,048
ROPS 36-37A
1,905,288
41538
$
1,909,825
ROPS 36-37B
2,171,853
$
2,171,853
$
4,081,678
ROPS 37-38A
1,944,350
4,674
$
1,949,024
ROPS 37-38B
2,162,448
$
2,162,448
$
4,111,471
ROPS 38-39A
1,967,100
4,814
$
1,971,914
ROPS 38-39B
2,161,545
$
2,161,545
$
4,133,459
ROPS 39-40A
2,001,600
4,959
$
2,006,559
ROPS 39-40B
2,157,845
$
2,157,845
$
4,164,404
ROPS 40-41A
2,034,700
5,107
$
2,039,807
ROPS 40-41B
2,161,349
$
2,161,349
$
4,201,156
ROPS 41-42A
2,076,400
5,261
$
2,081,661
ROPS 41-42B
2,161,655
$
2,161,655
$
4,243,316
ROPS42-43A
2,116,500
5,418
$
2,121,918
ROPS42-43B -
- 3,765
$
3,765
$
2,125,683
Attachment: Resolution - Last and Final ROPS (APPROVE LAST AND FINAL ROPS FOR SUBMITTAL TO OB AND DOF)
Santa Clarita Last and Final Recognized Obligation Payment Schedule (ROPS) - ROPS Detail
July 1, 2026 through June 30, 2043
(Report Amounts in Whole Dollars)
A
B
C
D
E
F
G
Contract/Agreement
Contract/Agreement
Item #
Project Name/Debt Obligation
Obligation Type
Execution Date
Termination Date
Payee
Description/Project Scope
46
Reinstatement of loans made by the
City/County Loan (Prior
2/24/2015
7/8/2043
City of Santa Clarita
Repayment of loans made to
City to the former RDA
06/28/11), Cash
former RDA by the City of Santa
exchange
Clarita.
52
Series 2017 Tax Allocation
Refunding Bonds Issued
2/2/2017
10/1/2042
Bank of New York
Advance Refunded: 1) Tax
Refunding Bonds
After 6/27/12
Allocation Bonds Series 2008
(bonds issued to fund
redevelopment projects) and 2)
Housing Set -Aside Tax Allocation
Bonds Series 2008 (bonds issued
to fund low and moderate income
housing projects and programs)
53
Annual Trustee Fee for Series 2017
Professional Services
7/1/2026
6/30/2043
Bank of New York
Bonds issued to fund
Tax Allocation Bond
redevelopment projects and low
and moderate income housing
projects and programs
54
Continuing Disclosure/Post
Professional Services
7/1/2026
6/30/2043
Digital Assurance
Continuing disclosure/post
Issuance Compliance for Series
Certification LLC
issuance compliance
2017 Tax Allocation Refunding
55
Auditing Services
Fees
7/1/2026
6/30/2043
The Pun Group, LLP
Auditing services
(or current audit firm
awarded audit contract)
Attachment: Resolution - Last and Final ROPS (APPROVE LAST AND FINAL ROPS FOR SUBMITTAL TO OB AND DOF)
A
B
I
Total
Outstanding
Item #
Project Name/Debt Obligation
Obligation
Notes
48,067,927
46
Reinstatement of loans made by the
13,376,918
Amount was calculated using one-half of the increase between forecasted comparison years and
City to the former RDA
base year residual amounts per the formula specified in HSC section 34191.4 (b) (3).
52
Series 2017 Tax Allocation
34,566,475
Debt service for calendar year is claimed on the B ROPS to comply with the bond covenant:
Refunding Bonds
Page 18 of the Official Statement states: "...the Successor Agency has covenanted to submit an
Oversight Board approved Recognized Obligation Payment Schedule to the State Department of
Finance and to the County Auditor -Controller, which shall include all scheduled interest, principal
and mandatory sinking fund payments that are due and payable on all Bonds and Parity Bonds of
the Successor Agency during the next ensuing calendar year, together with any amount required to
replenish the Reserve Fund, and any amounts due and owing to the Insurer under the Indenture."
53
Annual Trustee Fee for Series 2017
44,829
Tax Allocation Bond
54
Continuing Disclosure/Post
6,226
Issuance Compliance for Series
2017 Tax Allocation Refunding
55
Auditing Services
73,479
Attachment: Resolution - Last and Final ROPS (APPROVE LAST AND FINAL ROPS FOR SUBMITTAL TO OB AND DOF)
0
lD
C4
00
4
A
B
CD
CE
CF
CG
CH
CI
CJ
CK
Item #
Project Name/Debt Obligation
26-27A (July - December)
26-27B (January - June)
Fund Sources
Fund Sources
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
1,650,022
1,361,081
2,160,390
46
Reinstatement of loans made by the
City to the former RDA
1,357,705
52
Series 2017 Tax Allocation
Refunding Bonds
1,650,022
2,158,044
53
Annual Trustee Fee for Series 2017
Tax Allocation Bond
2,060
54
Continuing Disclosure/Post
Issuance Compliance for Series
2017 Tax Allocation Refunding
286
55
Auditing Services
3,377
Attachment: Resolution - Last and Final ROPS (APPROVE LAST AND FINAL ROPS FOR SUBMITTAL TO OB AND DOF)
0
lD
C4
00
00
A
B
CL
CM
CN
Co
CP
co
CR
CS
Item #
Project Name/Debt Obligation
27-28A (July - December)
27-28B (January - June)
Fund Sources
Fund Sources
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
1,676,522
1,373,350
2,164,610
46
Reinstatement of loans made by the
City to the former RDA
1,369,872
52
Series 2017 Tax Allocation
Refunding Bonds
1,676,522
2,162,194
53
Annual Trustee Fee for Series 2017
Tax Allocation Bond
2,122
54
Continuing Disclosure/Post
Issuance Compliance for Series
2017 Tax Allocation Refunding
295
55
Auditing Services
3,478
Attachment: Resolution - Last and Final ROPS (APPROVE LAST AND FINAL ROPS FOR SUBMITTAL TO OB AND DOF)
0
lD
C4
00
W
A
B
CT
CU
CV
CW
CX
CY
CZ
DA
Item #
Project Name/Debt Obligation
28-29A (July - December)
28-29B (January - June)
Fund Sources
Fund Sources
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
1,698,597
1,473,727
2,166,089
46
Reinstatement of loans made by the
City to the former RDA
1,470,145
52
Series 2017 Tax Allocation
Refunding Bonds
1,698,597
2,163,600
53
Annual Trustee Fee for Series 2017
Tax Allocation Bond
2,185
54
Continuing Disclosure/Post
Issuance Compliance for Series
2017 Tax Allocation Refunding
304
55
Auditing Services
3,582
Attachment: Resolution - Last and Final ROPS (APPROVE LAST AND FINAL ROPS FOR SUBMITTAL TO OB AND DOF)
A
B
DB
DC
DID
DE
DF
DG
DH
DI
Item #
Project Name/Debt Obligation
29-30A (July - December)
29-30B (January - June)
Fund Sources
Fund Sources
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
1,719,300
1,534,679
2,162,414
46
Reinstatement of loans made by the
City to the former RDA
1,530,989
52
Series 2017 Tax Allocation
Refunding Bonds
1,719,300
2,159,850
53
Annual Trustee Fee for Series 2017
Tax Allocation Bond
2,251
54
Continuing Disclosure/Post
Issuance Compliance for Series
2017 Tax Allocation Refunding
313
55
Auditing Services
3,690
Attachment: Resolution - Last and Final ROPS (APPROVE LAST AND FINAL ROPS FOR SUBMITTAL TO OB AND DOF)
A
B
DJ
DK
DL
DM
DN
DO
DP
DO
Item #
Project Name/Debt Obligation
30-31A (July - December)
30-31 B (January - June)
Fund Sources
Fund Sources
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
1,747,425
1,621,277
2,172,434
46
Reinstatement of loans made by the
City to the former RDA
1,617,477
52
Series 2017 Tax Allocation
Refunding Bonds
1,747,425
2,169,794
53
Annual Trustee Fee for Series 2017
Tax Allocation Bond
2,319
54
Continuing Disclosure/Post
Issuance Compliance for Series
2017 Tax Allocation Refunding
322
55
Auditing Services
3,800
Attachment: Resolution - Last and Final ROPS (APPROVE LAST AND FINAL ROPS FOR SUBMITTAL TO OB AND DOF)
A
B
DR
IDS
DT
DU
DV
DW
DX
DY
Item #
Project Name/Debt Obligation
31-32A (July - December)
31-32B (January - June)
Fund Sources
Fund Sources
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
1,779,897
1,670,196
2,163,864
46
Reinstatement of loans made by the
City to the former RDA
1,666,282
52
Series 2017 Tax Allocation
Refunding Bonds
1,779,897
2,161,144
53
Annual Trustee Fee for Series 2017
Tax Allocation Bond
2,388
54
Continuing Disclosure/Post
Issuance Compliance for Series
2017 Tax Allocation Refunding
332
55
Auditing Services
3,914
Attachment: Resolution - Last and Final ROPS (APPROVE LAST AND FINAL ROPS FOR SUBMITTAL TO OB AND DOF)
A
B
DZ
EA
EB
EC
ED
EE
EF
EG
Item #
Project Name/Debt Obligation
32-33A (July - December)
32-33B (January - June)
Fund Sources
Fund Sources
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
1,795,572
1,750,167
2,162,108
46
Reinstatement of loans made by the
City to the former RDA
1,746,135
52
Series 2017 Tax Allocation
Refunding Bonds
1,795,572
2,159,306
53
Annual Trustee Fee for Series 2017
Tax Allocation Bond
2,460
54
Continuing Disclosure/Post
Issuance Compliance for Series
2017 Tax Allocation Refunding
342
55
Auditing Services
4,032
Attachment: Resolution - Last and Final ROPS (APPROVE LAST AND FINAL ROPS FOR SUBMITTAL TO OB AND DOF)
A
B
EH
El
EJ
EK
EL
EM
EN
EO
Item #
Project Name/Debt Obligation
33-34A (July - December)
33-34B (January - June)
Fund Sources
Fund Sources
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
1,819,653
1,814,209
2,163,542
46
Reinstatement of loans made by the
City to the former RDA
1,810,056
52
Series 2017 Tax Allocation
Refunding Bonds
1,819,653
2,160,656
53
Annual Trustee Fee for Series 2017
Tax Allocation Bond
2,534
54
Continuing Disclosure/Post
Issuance Compliance for Series
2017 Tax Allocation Refunding
352
55
Auditing Services
4,153
Attachment: Resolution - Last and Final ROPS (APPROVE LAST AND FINAL ROPS FOR SUBMITTAL TO OB AND DOF)
A
B
EP
EQ
ER
ES
ET
EU
EV
EW
Item #
Project Name/Debt Obligation
34-35A (July - December)
34-35B (January - June)
Fund Sources
Fund Sources
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
1,847,828
812,534
2,157,984
46
Reinstatement of loans made by the
City to the former RDA
808,257
52
Series 2017 Tax Allocation
Refunding Bonds
1,847,828
2,155,013
53
Annual Trustee Fee for Series 2017
Tax Allocation Bond
2,610
54
Continuing Disclosure/Post
Issuance Compliance for Series
2017 Tax Allocation Refunding
362
55
Auditing Services
4,277
Attachment: Resolution - Last and Final ROPS (APPROVE LAST AND FINAL ROPS FOR SUBMITTAL TO OB AND DOF)
A
B
EX
EY
EZ
FA
FB
FC
FD
FIE
Item #
Project Name/Debt Obligation
35-36A (July - December)
35-36B (January - June)
Fund Sources
Fund Sources
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
1,870,006
4,406
2,163,636
46
Reinstatement of loans made by the
City to the former RDA
52
Series 2017 Tax Allocation
Refunding Bonds
1,870,006
2,160,575
53
Annual Trustee Fee for Series 2017
Tax Allocation Bond
2,688
54
Continuing Disclosure/Post
Issuance Compliance for Series
2017 Tax Allocation Refunding
373
55
Auditing Services
4,406
Attachment: Resolution - Last and Final ROPS (APPROVE LAST AND FINAL ROPS FOR SUBMITTAL TO OB AND DOF)
A
B
FF
FG
FH
FI
FJ
FK
FL
FM
Item #
Project Name/Debt Obligation
36-37A (July - December)
36-37B (January - June)
Fund Sources
Fund Sources
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
1,905,288
4,538
2,171,853
46
Reinstatement of loans made by the
City to the former RDA
52
Series 2017 Tax Allocation
Refunding Bonds
1,905,288
2,168,700
53
Annual Trustee Fee for Series 2017
Tax Allocation Bond
2,768
54
Continuing Disclosure/Post
Issuance Compliance for Series
2017 Tax Allocation Refunding
385
55
Auditing Services
4,538
Attachment: Resolution - Last and Final ROPS (APPROVE LAST AND FINAL ROPS FOR SUBMITTAL TO OB AND DOF)
0
lD
C4
00
A
B
FN
FO
FP
FQ
FR
FS
FT
FU
Item #
Project Name/Debt Obligation
37-38A (July - December)
37-38B (January - June)
Fund Sources
Fund Sources
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
1,944,350
4,674
2,162,448
46
Reinstatement of loans made by the
City to the former RDA
52
Series 2017 Tax Allocation
Refunding Bonds
1,944,350
2,159,200
53
Annual Trustee Fee for Series 2017
Tax Allocation Bond
2,852
54
Continuing Disclosure/Post
Issuance Compliance for Series
2017 Tax Allocation Refunding
396
55
Auditing Services
4,674
Attachment: Resolution - Last and Final ROPS (APPROVE LAST AND FINAL ROPS FOR SUBMITTAL TO OB AND DOF)
A
B
FV
FW
FX
FY
FZ
GA
GB
GC
Item #
Project Name/Debt Obligation
38-39A (July - December)
38-39B (January - June)
Fund Sources
Fund Sources
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
1,967,100
4,814
2,161,545
46
Reinstatement of loans made by the
City to the former RDA
52
Series 2017 Tax Allocation
Refunding Bonds
1,967,100
2,158,200
53
Annual Trustee Fee for Series 2017
Tax Allocation Bond
2,937
54
Continuing Disclosure/Post
Issuance Compliance for Series
2017 Tax Allocation Refunding
408
55
Auditing Services
4,814
Attachment: Resolution - Last and Final ROPS (APPROVE LAST AND FINAL ROPS FOR SUBMITTAL TO OB AND DOF)
A
B
GD
GE
GF
GG
GH
GI
GJ
GK
Item #
Project Name/Debt Obligation
39-40A (July - December)
39-40B (January - June)
Fund Sources
Fund Sources
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
2,001,600
4,959
2,157,845
46
Reinstatement of loans made by the
City to the former RDA
52
Series 2017 Tax Allocation
Refunding Bonds
2,001,600
2,154,400
53
Annual Trustee Fee for Series 2017
Tax Allocation Bond
3,025
54
Continuing Disclosure/Post
Issuance Compliance for Series
2017 Tax Allocation Refunding
420
55
Auditing Services
4,959
Attachment: Resolution - Last and Final ROPS (APPROVE LAST AND FINAL ROPS FOR SUBMITTAL TO OB AND DOF)
A
B
GL
GM
GN
GO
GP
GO
GR
GS
Item #
Project Name/Debt Obligation
40-41A (July - December)
40-41 B (January - June)
Fund Sources
Fund Sources
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
2,034,700
5,107
2,161,349
46
Reinstatement of loans made by the
City to the former RDA
52
Series 2017 Tax Allocation
Refunding Bonds
2,034,700
2,157,800
53
Annual Trustee Fee for Series 2017
Tax Allocation Bond
3,116
54
Continuing Disclosure/Post
Issuance Compliance for Series
2017 Tax Allocation Refunding
433
55
Auditing Services
5,107
Attachment: Resolution - Last and Final ROPS (APPROVE LAST AND FINAL ROPS FOR SUBMITTAL TO OB AND DOF)
A
B
GT
GU
GV
GW
GX
GY
GZ
HA
Item #
Project Name/Debt Obligation
41-42A (July - December)
41-42B (January - June)
Fund Sources
Fund Sources
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
2,076,400
5,261
2,161,655
46
Reinstatement of loans made by the
City to the former RDA
52
Series 2017 Tax Allocation
Refunding Bonds
2,076,400
2,158,000
53
Annual Trustee Fee for Series 2017
Tax Allocation Bond
3,209
54
Continuing Disclosure/Post
Issuance Compliance for Series
2017 Tax Allocation Refunding
446
55
Auditing Services
5,261
Attachment: Resolution - Last and Final ROPS (APPROVE LAST AND FINAL ROPS FOR SUBMITTAL TO OB AND DOF)
A
B
HB
HC
HD
HE
HF
HG
HH
HI
Item #
Project Name/Debt Obligation
42-43A (July - December)
42-43B (January - June)
Fund Sources
Fund Sources
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
Bond Proceeds
Other Funds
RPTTF
Admin RPTTF
2,116,500
5,418
3,765
46
Reinstatement of loans made by the
City to the former RDA
52
Series 2017 Tax Allocation
Refunding Bonds
2,116,500
-
53
Annual Trustee Fee for Series 2017
Tax Allocation Bond
3,306
54
Continuing Disclosure/Post
Issuance Compliance for Series
2017 Tax Allocation Refunding
459
55
Auditing Services
5,418
Attachment: Resolution - Last and Final ROPS (APPROVE LAST AND FINAL ROPS FOR SUBMITTAL TO OB AND DOF)
A
B
IP
Total RPTTF
(Not Including
Item #
Project Name/Debt Obligation
Total
Other Funds)
79,718,686
48,067,927
46
Reinstatement of loans made by the
$ 13,376,918
$ 13,376,918
City to the former RDA
52
Series 2017 Tax Allocation
$ 66,217,235
$ 34,566,475
Refunding Bonds
53
Annual Trustee Fee for Series 2017
$ 44,829
$ 44,829
Tax Allocation Bond
54
Continuing Disclosure/Post
$ 6,226
$ 6,226
Issuance Compliance for Series
2017 Tax Allocation Refunding
55
Auditing Services
$ 73,479
$ 73,479
Attachment: Resolution - Last and Final ROPS (APPROVE LAST AND FINAL ROPS FOR SUBMITTAL TO OB AND DOF)