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REQUEST FOR
SUCCESSOR AGENCY
ACTION
MEETING DATE:
FEBRUARY 7, 2017
TITLE:
RECOGNIZED OBLIGATION PAYMENT
SCHEDULE AND ADMINISTRATIVE
BUDGET FOR THE PERIOD OF
JULY 1, 2017 THROUGH JUNE 30, 2018
(STRATEGIC PLAN NO. 4, 1)
ITY MANAGER
RECOMMENDED ACTION
CLERK OF THE COUNCIL USE ONLY:
APPROVED
❑ As Recommended
❑ As Amended
❑ Implementing Resolution
❑ Other
CONTINUED TO
FILE NUMBER
Receive and file the Recognized Obligation Payment Schedule and Administrative Budget for the
period of July 1, 2017 through June 30, 2018 pursuant to Part 1.85 of Division 24 of the California
Health & Safety Code.
DISCUSSION
Pursuant to Part 1.85 of Division 24 of the California Health & Safety Code ( "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, in accordance
with 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 amended by AB 1484, AB 471, and SB 107, to
administer the enforceable obligations of the Agency and otherwise unwind the Agency's affairs.
The Oversight Board to the Successor Agency has oversight with respect to the Dissolution
process, including review and approval of the Recognized Obligation Payment Schedule (ROPS).
This is the eleventh ROPS (Exhibit 1) prepared by the Successor Agency and is presented in the
format designed by the Department of Finance (DOF). The ROPS 17 -18 was reviewed and
approved by the Oversight Board at a special meeting on January 25, 2017.
Following action by the Oversight Board, the ROPS was submitted to the DOF, County, and other
appropriate entities as required by the Dissolution Act by the February 1, 2017 deadline.
3 -1
ROPS 17 -18 & Administrative Budget
February 7, 2017
Page 2
STRATEGIC PLAN ALIGNMENT
Approval of this item supports the City's efforts to meet Goal #4 - City Financial Stability,
Objective #1 (Maintain a stable, efficient and transparent financial environment).
FISCAL IMPACT
The Successor Agency is limited to making only payments listed on the approved ROPS for each
annual period. Administrative expenses are capped at three percent of the actual property tax
distributed for the ROPS in the preceding fiscal year or the minimum of $250,000 per year. The
Successor Agency is anticipated to be approved for $564,672 in administrative cost allowance for
FY 17/18.
Funds will be budgeted for FY 17118 in the Redevelopment Obligation Retirement Funds
(account no. 67118021 - various, 67018843 - various, and 67018850 - various) upon approval of the
ROPS by DOF.
Robert C. Co.-tdz�
Deputy City Manager
City Manager's Office
RC /SG /sb
APPROVED AS TO FUNDS AND ACCOUNTS:
Francisco utierrez Do
Executive Director
Finance and Management Services Agency
Exhibit: 1. ROPS & Administrative Budget FY 2017 -2018
3 -2
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3 -7
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, 2017 - JUNE 30, 2018
Successor Agency
Estimated
Amounts
Staff Support (EOPS, ROPS, Admin Budget, Records Management, etc.) 1
$
326,000
Brown Act requirements (agendas, minutes, etc.)1
10,000
Supplies, printing, telephones, misc. items
14,672
Consultants (legal, financial, etc.)
100,000
Subtotal
$
450,672
Oversight Board
Staff Support (research, reporting, etc.) 1
$
12,000
_
Brown Act requirements (agendas, minutes, etc.) t
7,000
Supplies, printing, misc. items
1,000
Subtotal
$
20,000
Administrative Direct Costs
Delivery Charges
$
10,000
Building Rental
18,000
Computer Services Charge
12,000
IS Strategic Plan
15,000
Insurance Charges
12,000
Subtotall
$
67,000
Share of City's Cost Allocation Plan
Indirect Costs
$
27,000
Subtotall
$
27,000
TOTAL ESTIMATED AMOUNTI
$
564,672
The estimated amount of the Administrative Budget for the one year period covering
July 2017 through June 2018 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.
' Includes salaries, wages, and all fringe benefits offered by the City to employees.
3 -8