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HomeMy WebLinkAbout3 - RESO - RECOGNIZE OBLIGATION PAYMENT SCHEDULEREQUEST FOR SUCCESSOR AGENCY R ACTION MEETING DATE: FEBRUARY 19, 2013 TITLE: RESOLUTION - RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS) 13-14A AND ADMINISTRATIVE BUDGET FOR THE PERIOD OF JULY 1, 2013 THROUGH DECEMBER 31, 2013 CITY MANAGER RECOMMENDED ACTION CLERK OF THE COUNCIL USE ONLY: APPROVED ? As Recommended ? As Amended ? Implementing Resolution ? Other CONTINUED TO FILE NUMBER It is recommended that the City Council acting as the Successor Agency to the former Agency: Adopt a Resolution approving the Fourth Recognized Obligation Payment Schedule ("ROPS"), ROPS 13-14 A, and Successor Agency Administrative Budget ("Budget") for the period of July 1, 2013 through December 31, 2013 and certain other actions pursuant to Part 1.85 of Division 24 of the California Health & Safety Code ("Dissolution Act"). 2. Direct the City Manager and/or Director of Finance or their designees, as delegated officials of the Successor Agency, to make or accept any augmentation, modification, additions, or revisions to the ROPS 13-14A and/or Administrative Budget as the City Manager and/or Director of Finance or their designees may deem necessary and appropriate in their reasonable discretion, based on review or communications from the Oversight Board, the State Department of Finance (DOF), or County of Orange. DISCUSSION Pursuant to the Dissolution Act, the City Council on January 9, 2012, elected for the City to act as the "Successor Agency" to the dissolved Community Redevelopment Agency ("Agency"). On February 1, 2012, pursuant to the Dissolution Act and the California Supreme Court's decision in California Redevelopment Association v. Matosantos, Case No. S194861, the Agency was dissolved and the City began to serve as the "Successor Agency." The City Council serves as the governing body of the Successor Agency under the Dissolution Act as recently amended by AB 1484, to administer the enforceable obligations of the Agency and otherwise unwind the Agency's affairs. Many actions of the Successor Agency are subject to the review and approval by a seven-member Oversight Board. 3-1 ROPS 13-14A and Administrative Budget February 19, 2013 Page 2 The first, second, and third ROPS and associated administrative budgets were approved by the Successor Agency on April 2, 2012, May 7, 2012, and August 20, 2012, respectively, and by the Oversight Board on April 10, 2012, May 8, 2012, and August 28, 2012, respectively. The documents were made available to the appropriate entities (the State Controller's Office, DOF, and County-Auditor Controller) as required by law. The DOF approved ROPS I and II on May 24, 2012, and ROPS III on October 19, 2012; however, several items deemed enforceable obligations by the Successor Agency and Oversight Board were disapproved by DOF, which the Agency disputed via a Meet and Confer on November 20, 2012. As a result of the Meet and Confer, the DOF issued a Determination Letter dated December 18, 2012, reversing its decision on several items finding them enforceable obligations. Specifically, these items include the Certificates of Participation for the public parking garages (Item 13), Litigation expenses related to defense of the Peebler/South Main Settlement Agreement (Items 18 and 118), and the Santa Ana Venture/Main Place Owner Participation Agreement and associated project costs (Items 35, 36 and 117). A few items remain disputed, including all five Settlement Agreements, and past due project costs erroneously allocated to administrative expenses. These are in addition to the Affordable Housing Disposition and Development Agreements the DOF denied under the Housing Due Diligence Review, which are still under dispute as well. The hearing for the South Main Settlement Agreement litigation mentioned above (Gerald Peebler, et al., v. State of California Department of Finance, et al., Case No. 34-2012-80001172), was held on February 1, 2013. The UCI Law Clinic argued on behalf of Peebler, while Iris Yang of the law firm Best Best Krieger argued on behalf of Santa Ana. After a tentative ruling in advance of the hearing, the judge took the case under submission. Additional litigation by the impacted housing developers, as well as a low-income housing advocacy group is expected. The ROPS (Exhibit A of Exhibit 1) and Budget (Exhibit B of Exhibit 1) for the July 1, 2013 through December 31, 2013 period is now being presented for Successor Agency approval. Both were submitted for Oversight Board consideration earlier today. Following action by the Successor Agency, the ROPS and Budget will be forwarded to the DOF, County and other appropriate entities as required by AB 1484. Pursuant to AB 1484 and DOF directive, the approved ROPS must be submitted to the DOF no later than March 1, 2013, or the Successor Agency/City will be subject to severe financial penalties. The City Manager and/or Director of Finance need the ability to make modifications, additions or revisions to the ROPS in order to comply with any further discretion received by DOF. FISCAL IMPACT The Successor Agency is limited to making only payments listed on the approved ROPS for each six month period and the administrative expenditures of the Successor Agency are limited to items listed in the approved Administrative Budget for each six month period. California Health and Safety Code Section 34173(e) stipulates that "the liability of any successor agency, acting pursuant to the powers granted under the act adding this part, shall be limited to the extent of the total sum of property tax revenues it receives pursuant to this part and the value 3-2 ROPS 13-14A and Administrative Budget February 19, 2013 Page 3 of assets transferred to it as a successor agency for a dissolved redevelopment agency." Thus, the City's obligations as Successor Agency are limited by the amount of property taxes and the value of assets it receives in its role as the Successor Agency. Despite this language, the Dissolution Act (as amended by AB 1484) also provides for the withholding and diversion of sales tax and property tax revenues otherwise due to the City in order to recover certain expenditures deemed to have been improperly made by the former Agency; however this offset is inapplicable to the present recommended actions, and there are various lawsuits, including one filed by the League of California Cities, that are challenging the constitutionality of the sales and property tax off-set penalties to cities. jall CUA ' , ' Nancy T. Ed ards Interim Exec ive Director Community Development ,Agency NTE/SG/kg Exhibits: 1. ROPS & Administrative Budget Resolution 3-3 2/13/13 LES SUCCESSOR AGENCY RESOLUTION NO. 2013- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA ACTING AS SUCCESSOR AGENCY TO THE FORMER COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA APPROVING THE FOURTH RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS), ROPS 13-14 A, AND ADOPTING AND APPROVING THE SUCCESSOR AGENCY'S ADMINISTRATIVE BUDGET FOR THE PERIOD OF JULY 1, 2013 THROUGH DECEMBER 31, 2013 PURSUANT TO HEALTH AND SAFETY CODE SECTION 34177(m), AND CERTAIN OTHER ACTIONS PURSUANT TO PART 1.85 OF DIVISION 24 OF THE CALIFORNIA HEALTH AND SAFETY CODE ("DISSOLUTION ACT") BE IT RESOLVED BY THE MEMBERS OF THE SUCCESSOR AGENCY OF THE CITY OF SANTA ANA, AS FOLLOWS: Section 1. The City Council of Santa Ana, acting as Successor Agency, conclusively finds, determines and declares as follows: A. Pursuant to the Dissolution Act, on January 9, 2012, pursuant to section 34173 of the California Health & Safety Code, the City of Santa Ana ("City") elected to serve as the Successor Agency for the dissolved Community Redevelopment Agency ("Agency") of the City of Santa Ana and selected the Housing Authority of the City of Santa Ana to act as "Successor Housing Agency". B. The City Council serves as the governing body of the Successor Agency under the Dissolution Act, as amended by AB 1484, to administer the enforceable obligations of the Agency and otherwise unwind the Agency's affairs. Many actions of the Successor Agency are subject to the review and approval of a seven member Oversight Board. C. The first, second and third ROPS and associated administrative budgets were all approved by the Oversight Board and Successor Agency as required by law. The documents were made available to the appropriate entities [State Controller's Office, State Department of Finance (DOF), and County-Auditor Controller] as required by law. The DOF approved these ROPS, however, several items deemed enforceable obligations by the Oversight Board and Successor Agency were disapproved by DOF, which the Agency disputed via a Meet and Confer on November 20, 2012. As a result of the Meet and Confer, the DOF issued a Determination Letter dated December 18, 2012, reversing its decision on several items finding them enforceable obligations. However, several other items continue to be disputed by the Agency. D. Additionally, there is pending litigation (Gerald Peebler, et aL, v. State of California Department of Finance, et al., Case No. 34-2012-80001172), regarding the South Main Settlement Agreement, one of the enforceable obligations on the prior ROPS which was approved by the Oversight Board and Successor Agency, but denied by DOF. EXHIBIT 1 3-4 2/13113 LES E. The ROPS (Exhibit A) and Budget (Exhibit B) for the July 1, 2013 through December 31, 2013 period were approved by the Oversight Board and are now being presented for Successor Agency approval. Based on the DOF instructions, the DOF is allowing the Oversight Board/Successor Agency to include previously disputed items on this ROPS. These disputed items are included as directed in the "Notes" section of the form provided by DOF. F. Following action by the Successor Agency, the ROPS and Budget will be forwarded to the DOF and county auditor-controller as required by AB 1484. G. Pursuant to AB 1484, Health and Safety Code Section 34177(m), this approved ROPS must be submitted to the DOF and county auditor-controller no fewer than 90 days before the date of property tax distribution, or the Successor Agency/City will be subject to severe financial penalties. H. Health and Safety Code Section 34173(e) provides that "the liability of any successor agency, acting pursuant to the powers granted under the act adding this part, shall be limited to the extent of the total sum of property tax revenues it receives pursuant to this part and the value of assets transferred to it as a successor agency for a dissolved redevelopment agency." Thus, the City's obligations as Successor Agency are limited by the amount of property taxes and the value of assets it receives in its role as the Successor Agency. Despite this language, the Dissolution Act (as amended by AB 1484) also provides for the withholding and diversion of sales tax and property tax revenues otherwise due to the City in order to recover certain expenditures deemed to have been improperly made by the former Agency; however this offset is inapplicable to the present actions, and there are various lawsuits, including one filed by the League of California Cities, that are challenging the constitutionality of the sales and property tax off-set penalties to cities. Section 2. The Successor Agency approves the Recognized Obligation Payment Schedule, attached hereto as Exhibit A and incorporated herein by this reference, which establishes those obligations which the Community Redevelopment Agency of the City of Santa Ana has binding commitments that it has entered into and includes legal commitments that it is obligated to perform from July 1, 2013 through December 31, 2013, in order to meet the pre- existing commitments of contracts and obligations that were established prior to the effective date of the Dissolution Act. Section 3. Pursuant to the Dissolution Act, the Successor Agency approves the proposed Administrative Budget, attached hereto as Exhibit B and incorporated herein by this reference. Following action by the Successor Agency, the ROPS and Budget will be forwarded to the DOF and the county auditor-controller as required by AB 1484. Section 4. The City Manager, or his/her designee ("City Manager"), is directed to file the Recognized Obligation Payment Schedule and the Administrative Budget in the manner required by law. 3-5 2,/13/13 LES Section 5. The City Manager and/or the Director of Finance, or their respective designees, as delegated officials of the City acting as Successor Agency, are authorized to make or accept any augmentation, modification, additions, or revisions to the ROPS and/or Administrative Budget as may be necessary and appropriate in their reasonable discretion, based on review or communications from the from the Oversight Board, the State Department of Finance or County of Orange. Section 6. The Clerk of the Council shall certify to the adoption of this Resolution. ADOPTED this clay of , 2013. Miguel A. Pulido Mayor APPROVED AS TO FORM: Sonia R. Carvalho, City Attorney By: _ Lisa E. Storck Assistant City Attorney AYES: Councilmembers: NOES: Councilmembers: ABSTAIN: NOT PRESENT: Councilmembers: Councilmembers: CERTIFICATION OF ATTESTATION AND ORIGINALITY I, Maria D. Huizar, Clerk of the Council, do hereby attest to and certify the attached Resolution No. 2013- to be the original resolution adopted by the City Council acting as the Successor Agency on February, 2013. Date: Maria D. Huizar, Clerk of the Council 3-6 EXHIBIT A of EXHIBIT 1 REVISED SUCCESSOR AGENCY CONTACT INFORMATION Successor Agency ID: 209 County: Orange Successor Agency: Santa Ana Primary Contact Honorific (Ms, Mr, Mrs) First Name Nancy Last Name Edwards Title Interim Executive Director Address 60 Civic Center Plaza, M-25 City Santa Ana State CA Zip 92701 Phone Number 714-647-5360 Email Address nedwards@santa-ana.org Secondary Contact Honorific (Ms, Mr, Mrs) First Name Sandi Last Name Gottlieb Title Program Manager Phone Number 714-647-6585 Email Address sgottlieb@santa-ana.org DRAFT 3-7 t- LL a CC M ti H ao x x W 0 a m X W i o w M O N N M y I E v II v I ? M I r-I to i N I T I ? I ? N I o I v z Z ¢ O Q Z a F Z u h `o E Z ?° n N m u? .? n a m a N o t+1 e .-+ n o ?c a .? o N n a m e o v oo a o N N n a n N ° CC m 0 .+ a0 00 v m vi n CA o n .n m N . a m m ' n l n _ N 1 N N N H 00 V m N n Go N n , N ', N N l ? N F N m N m N N N N N N '. v t N t I d X VI a a c 0 E 0 o 0 a 0 = a m m o % V W ? 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R ak a ?. &8 o 3-14 EXHIBIT A of EXHIBIT 1 SANTA ANA (ORANGE) RECOGNIZED OBLIGATION PAYMENT SCHEDULE (RODS 13-14A) - Notes (Optional) July 1, 2013 through December 31, 2013 DRAFT Item # Project Name / Debt Obligation Notes/Comments 1 2011 Tax Allocation Bonds Series A Amount per debt service schedule. 2 2011 Tax Allocation Bonds Series A- Indenture of Trust No payment due this ROPS six-month period. 3 2011 Tax Allocation Bonds Series A- Indenture of Trust Estimated amount. 4 2011 Tax Allocation Bonds Series A- Indenture of Trust No payment due this ROPS six-month period. 5 6 2003 Tax Allocation Bonds Series A 2003 Tax Allocation Bonds Series A- Indenture of Trust Amount per debt service schedule. $640,905 needed from RPTTF. $290,000 approved by DOF and received in ROPS 3 period (Reserve Balance). No payment due this ROPS six-month period. 7 2003 Tax Allocation Bonds Series A- Indenture of Trust Estimated amount. 8 2003 Tax Allocation Bonds Series A- Indenture of Trust No payment due this ROPS six-month period. 9 2003 Tax Allocation Bonds Series B - Amount per debt service schedule. $1,469,500 needed from RPTTF. $1,042,500 approved by DOF and received in ROPS 3 period (Reserve Balance). 10 2003 Tax Allocation Bonds Series B- Indenture of Trust No payment due this BOPS six-month period. 11 _ 2003 Tax Allocation Bonds Series B- Indenture of Trust Estimated amount. 12 2003 Tax Allocation Bonds Series B- Indenture of Trust No payment due this ROPS sin-month period. 13 Lease Agreement re: 2003 Ref COPS Series A Amount per debt service schedule. 14 Settlement Agreements - Housing See comments for Item #123. 15 Settlement Agreement - S. Main Commercial Corridor See comments for Item #124. 16 Settlement Agreements - Housing Obligation See comments for Item #125. 17 South Main Settlement Agreement- Current Obligation See comments for Item #126. 18 Litigation for Item #15, 17, 22 $75,000 remaining amount from original $200,000 of the Reserve Balance previously identified in ROPS 3. ($100,000 approved for ROPS 3 period; $25,000 approved for ROPS 2 period (line Item 0118.) Additional $100,000 estimated from RPTTF for continued defense and litigation fees regarding the Peebler matter. 19 Fashion Square (Mainplace Mall) Loan Estimated amount. 20 21 Housing Loan for ERAF FY 05-06 Housing Loan for ERAF FY 09-10 Estimated amount. No payment due this ROPS six-month period. 22 South Main Commercial Corridor Loan for SERAF FY 09-10 See comments for Item #127. 23 Santa Ana Unified School District Settlement Agreement No longer applicable. 24 Rancho Santiago Community College District Settlement Agreement No longer applicable. 25 Orange County Department of Education Settlement Agreement No longer applicable. 26 OPA - Imperial Hotel Group Estimated amount. _ 27 Project Costs for Item #26 Estimated amount. 28 DDA - Sycamore Parking Concepts Amount per DDA. 29 Project Costs for Item #28 Estimated amount. 30 Erickson Lease Agreement - Honda Amount per Lease Agreement. 31 Project Costs for Item #30 Estimated amount. 32 Project Costs for Nexus Permit Fees No payment due this ROPS six-month period. 33 Off Site Improvements (Nexus) No payment due this ROPS six-month period. 34 35 Project Costs for Item #33 SA Venture Partnership & Other Main Place Agreements No payment due this ROPS six-month period, No payment due this ROPS six-month period. 36 Project Costs for Item #35 Estimated amount. _ 37 38 DDA - Discovery Science Center Project Costs for Item #37 Estimated amount. Estimated amount. 39 Project Costs for BARCO Agreement Estimated amount. 40 Project Costs for Auto Mall Dealers Parking Lot Agreement Estimated amount. 41 Project Costs for Penske DDA Estimated amount to be paid from bond proceeds. 42 Project Costs for CC&R Obligation Estimated amount. 43 44 Downtown Parking Structure Improvements Project Costs for Item #43 No payment due this ROPS six-month period. No payment due this ROPS six-month period. 45 Public Improvements No payment due this ROPS six-month period. 46 Project Costs for Item #45 No payment due this ROPS six-month period. 47 Non-Housing Asset Maintenance & Disposition Estimated amount. 48 _ 49 Agmt for Legal/Litigation Services Agmt for Financial Consulting Estimated amount to be paid from Other funding source (revenue from FY 12/13). Estimated amount to be paid from Other funding source (revenue from FY 12/13). 50 Agmt for Financial Consulting Services No payment due this POPS six-month period. 51 Agmt for Real Estate Appraisal Services No payment due this ROPS six-month period. 52 Agmt for Commercial & Residential Loan Processing No payment due this ROPS six-month period. 53 Agmt for Environmental Assessments No payment due this ROPS six-month period. 54 Agmt for Engineering Services No payment due this ROPS six-month period. 55 Agmt for Real Estate Consulting No payment due this ROPS six-month period. 56 Agmt for Attorney Services No payment due this ROPS six-month period. 57 58 59 Agmt for Property Management Services Agmt for Consulting Services Litigation Services No payment due this BOPS six-month period. No payment due this ROPS six-month period. Estimated amount for anticipated litigation expenses from additional lawsuits. 60 Agmt for Agency/Project Management No payment due this ROPS six-month period. 61 62 Agmt for Financial/Project Management Audited Financial Statements / Due Diligence Reviews (Loan( Estimated amount to be paid from Other funding source (revenue from FY 12/13). Estimated amount for Successor Agency share of the city-wide financial statements, as required by the Continuing Disclosures of the bond covenants. 63 Employee Pension Liability Estimated amount per Section 34171 (d)(1)(C). 64 Other Postemployment Benefits (OPEB) Estimated amount per Section 34171 (d)(1)(C). 65 Actuarial Study No payment due this ROPS six-month period. 3-15 EXHIBIT A of EXHIBIT 1 SANTA ANA (ORANGE) RECOGNIZED OBLIGATION PAYMENT SCHEDULE (RODS 13-14A) - Notes (Optional) July 1, 2013 through December 31. 2013 DRAFT Item # Project Name / Debt Obligation Notes/Comments 66 Successor Agency Admin. Estimated amount from RPTTF (excluding the 3% from Item #128-148). Estimated amount from Other funding source (revenue from FY 12/13). 67 Oversight Board Support Estimated amount. 68 DDA - Vista Del Rio Hsg Partners LP See comments for Item #128. 69 Project Costs for Item #68 See comments for Item #129. 70 DDA - Habitat for Humanity See comments for Item #130.- 71 Project Costs for Item #70 See comments for Item #131. 72 DDA - Station District New Construction See comments for item #132. 73 Project Costs for Item #72 See comments for Item #133. 74 DDA - Station District New Construction See comments for Item #134. 75 Project Costs for Item #74 See comments for Item #135. 76 DDA - Station District New Construction See comments for Item #136. 77 Project Costs for Item 976 See comments for Rem #137. 78 DDA - WBB New Const. See comments for Item #138. 79 Project Costs for Item #78 See comments for Item #139. 80 DDA- WBB New Const. See comments for Item #140. 81 Project Costs for Item #80 See comments for Item #141. 82 DDA - WBB New Const. See comments for Item #142. 83 Project Costs for Item #82 See comments for item #143. 84 DDA - WBB New Const. See comments for Item #144. 85 Project Casts far Item #84 See comments for Item #145. 86 Station District Lawsuit Settlement See comments for Item #146. 87 Project Costs for Item #86 See comments for Item #147. 88 Housing Asset Maintenance & Disposition See comments for Item #148. 89 2011 Tax Allocation Bonds Series A- Actual amount spent in BOPS 2 period. This item was denied on ROPS 2 (line item #1), so it was included again on ROPS 3 (line item #89). BOPS 3 Meet and Indenture of Trust Confer Final Determination letter dated December 18, 2012 stated that "although Finance agrees that these items may be enforceable obligations outside of the administrative cost cap, the Agency did not provide documentation to demonstrate its position." Successor Agency staff provided additional documentation and invoices on January 14, 2013, and is awaiting an official response from DOF. Therefore, without a formal resolution on this item, it is included on ROPS 13-14A as suggested in DOF's December 18, 2012 letter. 90 2003 Tax Allocation Bonds Series A- Actual amount spent in ROPS 2 period. This item was denied on ROPS 2 (line item #2), so it was included again on ROPS 3 (line item #90). ROPS 3 Meet and Indenture of Trust Confer Final Determination letter dated December 18, 2012 stated that "although Finance agrees that these items may be enforceable obligations outside of the administrative cost cap, the Agency did not provide documentation to demonstrate its position." Successor Agency staff provided additional documentation and invoices on January 14, 2013, and is awaiting an official response from DOF. Therefore, without a formal resolution on this item, it is included on ROPS 13-14A as suggested in DOF's December 18, 2012 letter. 91 2003 Tax Allocation Bonds Series B- Actual amount spent in ROPS 2 period. This item was denied on ROPS 2 (line item #3), so it was included again on ROPS 3 (line item #91). RODS 3 Meet and Indenture of Trust Confer Final Determination letter dated December 18, 2012 stated that "although Finance agrees that these items may be enforceable obligations outside of the administrative cost cap, the Agency did not provide documentation to demonstrate its position." Successor Agency staff provided additional documentation and invoice on January 14, 2013, and is awaiting an official response from DOF. Therefore, without a formal resolution on this item, it is included on ROPS 13-14A as suggested in DOF's December 18, 2012 letter. 92 Settlement Agreements - Housing See comments for Item 0123. 93 Settlement Agreement - S. Main See comments for Item #124. Commercial Corridor 94 Project Costs for Item #26 No longer applicable. See comments for Item #27. 95 Project Costs for Item #28 No longer applicable. See comments for Item #29. 96 Project Costs for Item #30 No longer applicable. See comments for Item #31. 97 Project Costs for Item #35 Actual amount spent in ROPS 2 period. This item was denied on ROPS 2 (line item #23), so it was included again on ROPS 3 (line item #97). RODS 3 Meet and Confer Final Determination letter dated December 18, 2012 stated that "although Finance agrees that these items may be enforceable obligations outside of the administrative cost cap, the Agency did not provide documentation to demonstrate its position." Successor Agency staff provided additional documentation and reports on January 14, 2013, and is awaiting an official response from DOF. Therefore, without a formal resolution on this item, it is included on ROPS 13-14A as suggested in DOF's December 18, 2012 letter. 98 Project Casts for Item #37 Actual amount spent in ROPS 2 period. This item was denied on FOPS 2 (line item #19(, so it was included again on BOPS 3 (line item #98(. ROPS 3 Meet and Confer Final Determination letter dated December 18, 2012 stated that "although Finance agrees that these items may be enforceable obligations outside of the administrative cost cap, the Agency did not provide documentation to demonstrate its position." Successor Agency staff provided additional documentation and reports on January 14, 2013, and is awaiting an official response from DOF. Therefore, without a formal resolution on this item, it is included on ROPS 13-14A as suggested in DOF's December 18, 2012 letter. 99 Project Costs for BARCO Agreement Actual amount spent in ROPS 2 period. This item was denied on ROPS 2 (line item #18), so it was included again on ROPS 3 (line item #99). ROPS 3 Meet and Confer Final Determination letter dated December 18, 2012 stated that "although Finance agrees that these items may be enforceable obligations outside of the administrative cost cap, the Agency did not provide documentation to demonstrate its position." Successor Agency staff provided additional documentation and reports on January 14, 2013, and is awaiting an official response from DOF. Therefore, without a formal resolution on this item, it is included on ROPS 13-14A as suggested in DOF's December 18, 2012 letter. 100 Project Costs for Auto Mall Dealers Parking No longer applicable. See comments for Item #40. Lot Agreement 101 Project Costs for Penske DDA Actual amount spent in ROPS 2 period. This item was denied on RODS 2 (line item #21), so it was included again on ROPS 3 (line item #101). ROPS 3 Meet and Confer Final Determination letter dated December 18, 2012 stated that "although Finance agrees that these items may be enforceable obligations outside of the administrative cost cap, the Agency did not provide documentation to demonstrate its position." Successor Agency staff provided additional documentation and reports on January 14, 2013, and is awaiting an official response from DOF. Therefore, without a formal resolution on this item, it is included on ROPS 13-14A as suggested in DOF's December 18, 2012 letter. 102 Project Costs for CC&R Obligation Actual amount spent in ROPS 2 period. This item was denied on ROPS 2 (line item #22), so it was included again on ROPS 3 (line item #102). ROPS 3 Meet and Confer Final Determination letter dated December 18, 2012 stated that "although Finance agrees that these items may be enforceable obligations outside of the administrative cost cap, the Agency did not provide documentation to demonstrate its position." Successor Agency staff provided additional documentation and reports on January 14, 2013, and is awaiting an official response from DOF. Therefore, without a formal resolution on this item, it is included on ROPS 13-14A as suggested in DOF's December 18, 2012 letter. 103 Non-Housing Asset Maintenance & Actual amount spent in ROPS 2 period. This item was denied on ROPS 2 (line item #87), so it was included again on ROPS 3 (line item #103). ROPS 3 Meet and Disposition Confer Final Determination letter dated December 18, 2012 stated that "although Finance agrees that these items may be enforceable obligations outside of the administrative cost cap, the Agency did not provide documentation to demonstrate its position." Successor Agency staff provided additional documentation and reports on January 14, 2013, and is awaiting an official response from DOF. Therefore, without a formal resolution on this item, it is included on ROPS 13-14A as suggested in DOF's December 18, 2012 letter. 104 Project Costs for Item #68 See comments for Item #129. 105 DDA - Habitat for Humanity See comments for Item #130. _ -- 106 Project Costs for Item #70 See comments for Item #131. 107 Project Costs for Item #72 See comments for Item #133. 108 Project Costs for item #74 See comments for Item 9135. 109 Project Costs for Item #76 See comments for Item 9137. 110 Project Costs for Item #78 ! See comments for Item #139. 111 Project Costs for Item #80 See comments for Item #141. 112 Project Costs for Item #82 See comments for Item #143. 113 Project Costs for Item #84 See comments for Item #145. _ 114 Project Costs for Item #86 See comments for Item #147. 115 Housing Asset Maintenance & Disposition See comments for Item #148. 3-16 EXHIBIT A of EXHIBIT 1 SANTA ANA (ORANGE) RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS 13-14A) - Notes (Optional) Juhi 1. 2013 through December 31. 2013 DRAFT Item # Project Name / Debt Obligation Notes/Comments 116 Audited Financial Statements Actual amount spent in ROPS 2 period. This item was denied on ROPS 2 (line item 091), so it was included again on ROPS 3 (line item #116). RODS 3 Meet and Confer Final Determination letter dated December 18, 2012 stated that "although Finance agrees that these items may be enforceable obligations outside of the administrative cost cap, the Agency did not provide documentation to demonstrate its position." Successor Agency staff provided additional documentation on January 14, 2013, and is awaiting an official response from DOF. Therefore, without a formal resolution on this item, it is included on ROPS 13-14A as suggested in DOF's December 18, 2012 letter. Total amount spent also includes expenditures for the Due Diligence Review (line Item #62 on ROPS 3) that was approved by DOF. 117 SA Venture Partnership & Other MainPlace No longer applicable. See comments for Item #35. Agreements _ 118 Litigation for Item #15, 17, 22 See comments for item #18. 119 Employee Layoff/Termination Payment Estimated amount per Section 34171 (d)(1)(C). Obligations 120 Employee Obligations Estimated amount per Section 34171 (d)(1)(C). 121 Project Costs for Item #13 Estimated amount. 122 Project Costs for Item #19 Estimated amount. 123 Settlement Agreements - Housing Zero amount requested this ROPS six-month period, as DOF has denied this item on previous ROPS. However, as the Successor Agency believes these five settlement agreements are continuing enforceable obligations and there are lawsuit(s) pending that have yet to be determined by the courts, this item is again included on ROPS 13-14A. Total Due During FY 13-14 Column amount of $26,332,573 is an estimated amount of former tax increment that should have been/should be allocated to the Successor Agency for the period of February 1, 2012 through December 31, 2013 (ROPS 1, 2, 3 & 13-14A periods). 124 Settlement Agreement - S. Main Zero amount requested this POPS six-month period, as DOF has denied this item on previous ROPS. However, as the Successor Agency believes this settlement Commercial Corridor agreement is a continuing enforceable obligation and there is a lawsuit pending that has yet to be determined by the courts, this item is again included on ROPS 13- 14A. Total Due During FY 13-14 Column amount of $3,850,000 is an estimated amount of former tax increment that should have been/should be allocated to the _ Successor Agency for the period of February 1, 2012 through December 31, 2013 (BOPS 1, 2, 3 & 13-14A periods). 125 Settlement Agreements - Housing Zero amount requested this ROPS sin-month period, as DOF has denied this item on previous ROPS. However, as the Successor Agency believes these five Obligation settlement agreements are continuing enforceable obligations and there are lawsuit(s) pending that have yet to be determined by the courts, this item is again included on ROPS 13-14A. Total Oustanding Debt or Obligation column amount of $30,593,530 is the amount of former tax increment that is encumbered by these settlement agreements and is part of the $54,241,958 amount demanded DOF in its LMIHF DOR Meet and Confer Final Determination letter dated December 26, 2012. DOF has indicated a revised letter will be issued to the Succesor Agency by early February 2013, but no such letter has been received as of this POPS 13- 14A submission date. 126 South Main Settlement Agreement - Zero amount requested this POPS six-month period, as DOF has denied this item on previous ROPS. However, as the Successor Agency believes this settlement Current Obligation agreement is a continuing enforceable obligation and there is a lawsuit pending that has yet to be determined by the courts, this item is again included on ROPS 13- 14A. Total Oustanding Debt or Obligation column amount of $11,080,747 is the amount of the former tax increment that is encumbered by this settlement agreement after deducting the $75,000 for line Item #18, and identified in the All Other Funds and Accounts DDR (Exhibit I). 127 South Main Commercial Corridor Loan for $500,000 requested this POPS six-month period (repayment schedule to be approved by Oversight Board at the same meeting). The Successor Agency believes the SERAF FY 09-30 repayment of this loan to pay the FY 09/10 SERAF payment is a continuing enforceable obligation, as the monies were borrowed from a fund created to track and utilize the funds from the South Main Commerical Corridor component of the South Main Settlement Agreement. There is a lawsuit pending that has yet to be determined by the courts. 128 DDA -Vista Del Rio Hsg Partners LP This is the amount paid/to be paid to the developer as stipulated in the Disposition and Development Agreement (DDA) from February 1, 2012 through the completion of the project. Expenditures from February 1, 2012 through June 30, 2012 for this DDA are part of the $8,467,780 in LMIHF expenditures identified in the LMIHF DDR and at the LMIHF DDR Meet and Confer. The remaining amount to complete the project was identified and is part of the $17,613,146 amount in the Housing Asset Transfer (HAT) Form approved by DOF. However, DOF is demanding $54,241,958 in its LMIHF DDR Meet and Confer Final Determination letter dated December 26, 2012 which includes the expenditures spent from February 1, 2012 through June 30, 2012 and the amount identified in the HAT. DOF has indicated a revised letter will be issued to the Succesor Agency by early February 2013, but no such letter has been received as of this POPS 13-14A submission date. Therefore, if DOF continues to demand the $54,241,958 from the Successor Agency, then the amount shown under the RPTTF is required to complete the project and be in compliance with the DOA. Otherwise, the amount under Reserve Balance is appropriate. 129 Project Costs for Item #128 This is the amount of the project and construction management related costs from February 1, 2012 through the completion of the project. Expenditures from February 1, 2012 through June 30, 2012 for this item are part of the $8,467,780 in LMIHF expenditures identified in the LMIHF DDR and at the LMIHF DOR Meet and Confer. The remaining amount to complete the project was identified and is part of the $17,613,146 amount in the Housing Asset Transfer (HAT) Form approved by DOF. However, DOF is demanding $54,241,958 in its LMIHF DDR Meet and Confer Final Determination letter dated December 26, 2012 which includes the expenditures spent from February 1, 2012 through June 30, 2012 and the amount identified in the HAT. DOF has indicated a revised letter will be issued to the Succesor Agency by early February 2013, but no such letter has been received as of this ROPS 13-14A submission date. Therefore, if DOF continues to demand the $54,241,958 from the Successor Agency, then the amount shown under the RPTTF is required to complete the project. Otherwise, the amount under Reserve Balance is appropriate. 130 DDA - Habitat for Humanity This is the amount paid/to be paid to the developer as stipulated in the Disposition and Development Agreement (DDA) from February 1, 2012 through the completion of the project. Expenditures from February 1, 2012 through June 30, 2012 for this DDA are part of the $8,467,780 in LMIHF expenditures identified in the LMIHF DDR and at the LMIHF DDR Meet and Confer. The remaining amount to complete the project was identified and is part of the $17,613,146 amount in the Housing Asset Transfer (HAT) Form approved by DOF. However, DOF is demanding $54,241,958 in its LMIHF DDR Meet and Confer Final Determination letter dated December 26, 2012 which includes the expenditures spent from February 1, 2012 through June 30, 2012 and the amount identified in the HAT. DOF has indicated a revised letter will be issued to the Succesor Agency by early February 2013, but no such letter has been received as of this ROPS 13-14A submission date. Therefore, if DOF continues to demand the $54,241,958 from the Successor Agency, then the amount shown under the RPTTF is required to complete the project and be in compliance with the DDA. Otherwise, the amount under Reserve Balance is appropriate. 131 Project Costs for Item #130 This is the a unt of the project and construction management related costs from February 1, 2012 through the completion of the project Expenditures from February 1, 2012 through June 30, 2012 for this item are part of the $8,467,780 in LMIHF expenditures identified in the LMIHF DDR and at the LMIHF DDR Meet and Confer. The remaining amount to complete the project was identified and is part of the $17,613,146 amount in the Housing Asset Transfer (HAT) Form approved by DOF. However, DOF is demanding $54,241,958 in its LMIHF DOR Meet and Confer Final Determination letter dated December 26, 2012 which includes the expenditures spent from February 1, 2012 through June 30, 2012 and the amount identified in the HAT. DOF has indicated a revised letter will be issued to the Succesor Agency by early February 2013, but no such letter has been received as of this ROPS 13-14A submission date. Therefore, if DOF continues to demand the $54,241,958 from the Successor Agency, then the amount shown under the RPTTF is required to complete the project. Otherwise, the amount under Reserve Balance is appropriate. 132 DDA - Station District New Construction This is the amount paid/to be paid to the developer as stipulated in the Disposition and Development Agreement (DDA) from February 1, 2012 through the completion of the project. Expenditures from February 1, 2012 through June 30, 2012 for this DDA are part of the $8,467,780 in LMIHF expenditures identified in the LMIHF DDR and at the LMIHF DDR Meet and Confer. The remaining amount to complete the project was identified and is part of the $17,613,146 amount in the Housing Asset Transfer (HAT) Form approved by DOF. However, DOF is demanding $54,241,958 in its LMIHF DDR Meet and Confer Final Determination letter dated December 26, 2012 which includes the expenditures spent from February 1, 2012 through June 30, 2012 and the amount identified in the HAT. DOF has indicated a revised letter will be issued to the Succesor Agency by early February 2013, but no such letter has been received as of this POPS 13-14A submission date. Therefore, if DOF continues to demand the $54,241,958 from the Successor Agency, then the amount shown under the RPTTF is required to complete the project and be in compliance with the DDA. Otherwise, the amount under Reserve Balance is appropriate. 133 Project Costs for Item #132 This is the amount of the project and construction management related costs from February 1, 2012 through the completion of the project Expenditures from February 1, 2012 through June 30, 2012 for this item are part of the $8,467,780 in LMIHF expenditures identified in the LMIHF DDR and at the LMIHF DDR Meet and Confer. The remaining amount to complete the project was identified and is part of the 517,613,146 amount in the Housing Asset Transfer (HAT) Form approved by DOF. However, DOF is demanding $54,241,958 in its LMIHF DDR Meet and Confer Final Determination letter dated December 26, 2012 which includes the expenditures spent from February 1, 2012 through June 30, 2012 and the amount identified in the HAT. DOF has indicated a revised letter will be sued to the Succesor Agency by early February 2013, but no such letter has been received as of this ROPS 13-14A submission date. Therefore, if DOF continues to demand the $54,241,958 from the Successor Agency, then the amount shown under the RPTTF is required to complete the project. Otherwise, the amount under Reserve Balance is appropriate. 3-17 EXHIBIT A of EXHIBIT 1 SANTA ANA (ORANGE) RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS 13-14A) - Notes (Optional) July 1, 2013 through December 31, 2013 DRAFT Item # Project Name / Debt Obligation Notes/Comments 134 DDA - Station District New Construction This is the amount paid/to be paid to the developer as stipulated in the Disposition and Development Agreement (DDA) from February 1, 2012 through the completion of the project. Expenditures from February 1, 2012 through June 30, 2012 for this DDA are part of the $8,467,780 in LMIHF expenditures identified in the LMIHF DDR and at the LMIHF DDR Meet and Confer. The remaining amount to complete the project was identified and is part of the $17,613,146 amount in the Housing Asset Transfer (HAT) Form approved by DOF. However, DOF is demanding $54,241,958 in its LMIHF DDR Meet and Confer Final Determination letter dated December 26, 2012 which includes the expenditures spent from February 1, 2012 through June 30, 2012 and the amount identified in the HAT. DOF has indicated a revised letter will be issued to the Succesor Agency by early February 2013, but no such letter has been received as of this ROPS 13-14A submission date. Therefore, if DOF continues to demand the $54,241,958 from the Successor Agency, then the amount shown under the RPTTF is required to complete the project and be in compliance with the DDA. Otherwise, the amount under Reserve Balance is appropriate. 135 Project Costs for Item #134 This is the amount of the project and construction management related costs from February 1, 2012 through the completion of the project. Expenditures from February 1, 2012 through June 30, 2012 for this item are part of the $8,467,780 in LMIHF expenditures identified in the LMIHF DDR and at the LMIHF DDR Meet and Confer. The remaining amount to complete the project was identified and is part of the $17,613,146 amount in the Housing Asset Transfer (HAT) Form approved by DOF. However, DOF is demanding $54,241,958 in its LMIHF DDR Meet and Confer Final Determination letter dated December 26, 2012 which includes the expenditures spent from February 1, 2012 through June 30, 2012 and the amount identified in the HAT. DOF has indicated a revised letter will be issued to the Succesor Agency by early February 2013, but no such letter has been received as of this ROPS 13-14A submission date. Therefore, if DOF continues to demand the $54,241,958 from the Successor Agency, then the amount shown under the RPTTF is required to complete the project. Otherwise, the amount under Reserve Balance is appropriate. 136 DDA - Station District New Construction This is the amount paid/to be paid to the developer as stipulated in the Disposition and Development Agreement (DDA) from February 1, 2012 through the completion of the project. Expenditures from February 1, 2012 through June 30, 2012 for this DDA are part of the $8,467,780 in LMIHF expenditures identified in the LMIHF DDR and at the LMIHF DDR Meet and Confer. The remaining amount to complete the project was identified and is part of the $17,613,146 amount in the Housing Asset Transfer (HAT) Form approved by DOF. However, DOF is demanding $54,241,958 in its LMIHF DDR Meet and Confer Final Determination letter dated December 26, 2012 which includes the expenditures spent from February 1, 2012 through June 30, 2012 and the amount identified in the HAT. DOF has indicated a revised letter will be issued to the Succesor Agency by early February 2013, but no such letter has been received as of this ROPS 13-14A submission date. Therefore, if DOF continues to demand the $54,241,958 from the Successor Agency, then the amount shown under the RPTTF is required to complete the project and be in compliance with the DDA. Otherwise, the amount under Reserve Balance is appropriate. 137 Project Costs for Item #136 This is the amount of the project and construction management related costs from February 1, 2012 through the completion of the project. Expenditures from February 1, 2012 through June 30, 2012 for this item are part of the $8,467,780 in LMIHF expenditures identified in the LMIHF DDR and at the LMIHF DDR Meet and Confer. The remaining amount to complete the project was identified and is part of the $17,613,146 amount in the Housing Asset Transfer (HAT) Form approved by DOF. However, DOF is demanding $54,241,958 in its LMIHF DDR Meet and Confer Final Determination letter dated December 26, 2012 which includes the expenditures spent from February 1, 2012 through June 30, 2012 and the amount identified in the HAT. DOF has indicated a revised letter will be issued to the Succesor Agency by early February 2013, but no such letter has been received as of this ROPS 13-14A submission date. Therefore, if DOF continues to demand the $54,241,958 from the Successor Agency, then the amount shown under the RPTTF is required to complete the project. Otherwise, the amount under Reserve Balance is appropriate. 138 DDA - WEB New Contt. This is the amount paid/to be paid to the developer as stipulated in the Disposition and Development Agreement (DDA) from February 1, 2012 through the completion of the project. Expenditures from February 1, 2012 through June 30, 2012 for this DDA are part of the $8,467,780 in LMIHF expenditures identified in the LMIHF DDR and at the LMIHF DDR Meet and Confer. The remaining amount to complete the project was identified and is part of the $17,613,146 amount in the Housing Asset Transfer (HAT) Form approved by DOF. However, DOF is demanding $54,241,958 in its LMIHF DDR Meet and Confer Final Determination letter dated December 26, 2012 which includes the expenditures spent from February 1, 2012 through June 30, 2012 and the amount identified in the HAT. DOF has indicated a revised letter will be issued to the Succesor Agency by early February 2013, but no such letter has been received as of this ROPS 13-14A submission date. Therefore, if DOF continues to demand the $54,241,958 from the Successor Agency, then the amount shown under the RPTTF is required to complete the project and be in compliance with the DDA. Otherwise, the amount under Reserve Balance is appropriate. 139 Project Costs for Item #138 This is the amount of the project and construction management related costs from February 1, 2012 through the completion of the project. Expenditures from February 1, 2012 through June 30, 2012 for this item are part of the $8,467,780 in LMIHF expenditures identified in the LMIHF OCR and at the LMIHF DDR Meet and Confer. The remaining amount to complete the project was identified and is pan of the $17,613,146 amount in the Housing Asset Transfer (HAT) Form approved by DOF. However, DOF is demanding $54,241,958 in its LMIHF DDR Meet and Confer Final Determination letter dated December 26, 2012 which includes the expenditures spent from February 1, 2012 through June 30, 2012 and the amount identified in the HAT. DOF has indicated a revised letter will be issued to the Succesor Agency by early February 2013, but no such letter has been received as of this ROPS 13-14A submission date. Therefore, if DOF continues to demand the $54,241,958 from the Successor Agency, then the amount shown under the RPTTF is required to complete the project. Otherwise, the amount under Reserve Balance is appropriate. 140 ODA -WBB New Contt. This is the amount paid/to be paid to the developer as stipulated in the Disposition and Development Agreement (DDA) from February 1, 2012 through the completion of the project. Expenditures from February 1, 2012 through June 30, 2012 for this DDA are part of the $8,467,780 in LMIHF expenditures identified in the LMIHF DDR and at the LMIHF DDR Meet and Confer. The remaining amount to complete the project was identified and is part of the $17,613,146 amount in the Housing Asset Transfer (HAT) Form approved by DOF. However, DOF is demanding $54,241,958 in its LMIHF DDR Meet and Confer Final Determination letter dated December 26, 2012 which includes the expenditures spent from February 1, 2012 through June 30, 2012 and the amount identified in the HAT. DOF has indicated a revised letter will be issued to the Succesor Agency by early February 2013, but no such letter has been received as of this ROPS 13-14A submission date. Therefore, if DOF continues to demand the $54,241,958 from the Successor Agency, then the amount shown under the RPTTF is required to complete the project and be in compliance with the DDA. Otherwise, the amount under Reserve Balance is appropriate. 141 Project Costs for Item #140 This is the amount of the project and construction management related costs from February 1, 2012 through the completion of the project. Expenditures from February 1, 2012 through June 30, 2012 for this item are part of the $8,467,780 in LMIHF expenditures identified in the LMIHF DDR and at the LMIHF DDR Meet and Confer. The remaining amount to complete the project was identified and is pan of the $17,613,146 amount in the Housing Asset Transfer (HAT) Form approved by DOF. However, DOF is demanding $54,241,958 in its LMIHF DDR Meet and Confer Final Determination letter dated December 26, 2012 which includes the expenditures spent from February 1, 2012 through June 30, 2012 and the amount identified in the HAT. DOF has indicated a revised letter will be issued to the Succesor Agency by early February 2013, but no such letter has been received as of this BOPS 13-14A submission date. Therefore, if DOF continues to demand the $54,241,958 from the Successor Agency, then the amount shown under the RPTTF is required to complete the project. Otherwise, the amount under Reserve Balance is appropriate. 142 DDA -WBB New Const. This is the amount paid/to be paid to the developer as stipulated in the Disposition and Development Agreement (DDA) from February 1, 2012 through the completion of the project. Expenditures from February 1, 2012 through June 30, 2012 for this DDA are part of the $8,467,780 in LMIHF expenditures identified in the LMIHF DDR and at the LMIHF DDR Meet and Confer. The remaining amount to complete the project was identified and is part of the $17,613,146 amount in the Housing Asset Transfer (HAT) Form approved by DOF. However, DOF is demanding $54,241,958 in its LMIHF DDR Meet and Confer Final Determination letter dated December 26, 2012 which includes the expenditures spent from February 1, 2012 through June 30, 2012 and the amount identified in the HAT. DOF has indicated a revised letter will be issued to the Succesor Agency by early February 2013, but no such letter has been received as of this RODS 13-14A submission date. Therefore, if DOF continues to demand the $54,241,958 from the Successor Agency, then the amount shown under the RPTTF is required to complete the project and be in compliance with the DDA. Otherwise, the amount under Reserve Balance is appropriate. 143 Project Costs for Item #142 This is the amount of the project and construction management related costs from February 1, 2012 through the completion of the project. Expenditures from February 1, 2012 through June 30, 2012 for this item are part of the $8,467,780 in LMIHF expenditures identified in the LMIHF DDR and at the LMIHF DDR Meet and Confer. The remaining amount to complete the project was identified and is part of the $17,613,146 amount in the Housing Asset Transfer (HAT) Form approved by DOF. However, DOF is demanding $54,241,958 in its LMIHF DDR Meet and Confer Final Determination letter dated December 26, 2012 which includes the expenditures spent from February 1, 2012 through June 30, 2012 and the amount identified in the HAT. DOF has indicated a revised letter will be issued to the Succesor Agency by early February 2013, but no such letter has been received as of this ROPS 13-14A submission date. Therefore, if DOF continues to demand the $54,241,958 from the Successor Agency, then the amount shown under the RPTTF is required to complete the project. Otherwise, the amount under Reserve Balance is appropriate. 144 DOA -WBB New Contt. This is the amount paid/to be paid to the developer az stipulated in the Disposition and Development Agreement (DDA) tram February 1, 2012 through the completion of the project. Expenditures from February 1, 2012 through June 30, 2012 for this DDA are part of the $8,467,780 in LMIHF expenditures identified in the LMIHF DDR and at the LMIHF DDR Meet and Confer. The remaining amount to complete the project was identified and is part of the $17,613,146 amount in the Housing Asset Transfer (HAT) Form approved by DOF. However, DOF is demanding $54,241,958 in its LMIHF DDR Meet and Confer Final Determination letter dated December 26, 2012 which includes the expenditures spent from February 1, 2012 through June 30, 2012 and the amount identified in the HAT. DOF has indicated a revised letter will be issued to the Succesor Agency by early February 2013, but no such letter has been received as of this ROPS 13-14A submission date. Therefore, if DOT continues to demand the $54,241,958 from the Successor Agency, then the amount shown under the RPTTF is required to complete the project and be in compliance with the DDA. Otherwise, the amount under Reserve Balance is appropriate. 3-18 EXHIBIT A of EXHIBIT 1 SANTA ANA (ORANGE) RECOGNIZED OBLIGATION PAYMENT SCHEDULE (RODS 13-14A) - Notes (Optional) July 1, 2013 through December 31, 2013 DRAFT Item # Project Name / Debt Obligation Notes/Comments 145 Project Costs for Item #144 This is the amount of the project and construction management related costs from February 1, 2012 through the completion of the project. Expenditures from February 1, 2012 through June 30, 2012 for this item are part of the $8,467,780 in LMIHF expenditures identified in the LMIHF DDR and at the LMIHF DDR Meet and Confer. The remaining amount to complete the project was identified and is pan of the $17,613,146 amount in the Housing Asset Transfer (HAT) Form approved by DOF. However, DOF is demanding $54,241,958 in its LMIHF DDR Meet and Confer Final Determination letter dated December 26, 2012 which includes the expenditures spent from February 1, 2012 through June 30, 2012 and the amount identified in the HAT. DOF has indicated a revised letter will be sued to the Succesor Agency by early February 2013, but no such letter has been received as of this ROPS 13-14A submission date. Therefore, if DOF continues to demand the $54,241,958 from the Successor Agency, then the amount shown under the RPTTF is required to complete the project. Otherwise, the amount under Reserve Balance is appropriate. 146 Station District Lawsuit Settlement This is the amount to be utilized pursuant to the Station District Lawsuit Settlement from February 1, 2012 through the completion of the required components. There were no expenditures from February 1, 2012 through June 30, 2012 for this lawsuit settlement. The remaining amount to complete the required components was identified and is part of the $17,613,146 amount in the Housing Asset Transfer (HAT) Form approved by DOF. However, DOF is demanding $54,241,958 in its LMIHF DDR Meet and Confer Final Determination letter dated December 26, 2012 which includes the expenditures spent from February 1, 2012 through June 30, 2012 and the amount identified in the HAT. DOF has indicated a revised letter will be issued to the Succesor Agency by early February 2013, but no such letter has been received as of this ROPS 13-14A submission date. Therefore, if DOF continues to demand the $54,241,958 from the Successor Agency, then the amount shown under the RPTTF is required to be in compliance with the lawsuit settlement. Otherwise, the amount under Reserve Balance is appropriate. 147 Project Costs for Item #146 This is the amount of the project management related costs from February 1, 2012 through the completion of the required components. There were no expenditures from February 1, 2012 through June 30, 2012 for this item. The LMIHF DDR listed $189,635 (of the total $30,593,530 in existing cash encumbered by the five housing settlement agreements) needed to satisfy this obligation. However, DOF is demanding $54,241,958 in its LMIHF DDR Meet and Confer Final Determination letter dated December 26, 2012 which includes the expenditures spent from February 1, 2012 through June 30, 2012 and the amount identified in the HAT. DOF has indicated a revised letter will be issued to the Succesor Agency by early February 2013, but no such letter has been received as of this ROP513- 14A submission date. Therefore, if DOF continues to demand the $54,241,958 from the Successor Agency, then the amount shown under the RPTTF is required. Otherwise, the amount under Reserve Balance is appropriate. 128-147 Housing DDAS and Project Costs Note: The Successor Agency is not requesting funds for these items from both the Reserve Balance and RPTTF funding source columns. The correct amount is only one of these funding sources, depending on the revised LMIHF DDR Final Determination letter that DOF had previously indicated would be issued in early February 2013. No such letter has been received as of this ROPS 13-14A submission date. Therefore, as the ROPS 13-14A form is a template with protected columns, rows, and cells, the Reserve Balance column total OR RPTTF column total, and the Six-Month Total column amounts are incorrect and the Successor Agency cannot change the formulas in the template. 1-118 Various On the Prior Period Payments for Items 1-118 of ROPS 2, expenditures were incurred in the July through December 2012 period, but many invoices were not received nor paid until after December 2012. 3-19 EXHIBIT B of EXHIBIT 1 CITY OF SANTA ANA, ACTING AS SUCCESSOR AGENCY TO THE FORMER COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA PROPOSED ADMINISTRATIVE BUDGET FOR JULY 1, 2013 - DECEMBER 31, 2013 Successor Agency E A stimated mounts Staff Support (EOPS, ROPS, Admin Budget, Records Management, etc.)1 Brown Act requirements (agendas, minutes, etc.)1 $ 111,270 10,000 Supplies, printing, telephones, misc. items 17,500 Consultants (legal, financial, etc.) 100,000 Subtotal $ 238,770 Oversight Board Staff Support (research, reporting, etc.)1 $ 20,000 Brown Act requirements (agendas, minutes, etc.)1 15,000 Supplies, printing, misc. items 2,500 Subtotal $ 37,500 Administrative Direct Costs Delivery Charges Building Rental $ 90 3,340 Rental City Equipment 778 Computer Services Charge 35 IS Strategic Plan 1,320 Insurance Charges 2,183 Subtotal $ 7,745 Indirect Costs $ 10,000 Subtotal $ 10,000 TOTAL ESTIMATED AMOUNT $ 294,015 The estimated amount of the Administrative Budget for the six month period covering July through December 2013 is to be paid from property tax revenues deposited in the Redevelopment Property Tax Trust Fund. This budget may be augmented, modified, added to, or revised as authorized under the resolution. 1 Includes salaries, wages, and all fringe benefits offered by the City to employees. 3-20