Loading...
HomeMy WebLinkAboutAdopt Resolution Nos. 2019-01 and 2019-02 approving the Reco RPPROVEb ?-p City of Huntington Beach �I O � t J File #: 18-610 MEETING DATE: 1/22/2019 REQUEST FOR SUCCESSOR AGENCY ACTION SUBMITTED TO: Honorable Chair and Board Members SUBMITTED BY: Fred A. Wilson, Executive Director PREPARED BY: Kellee Fritzal, Deputy Director of Economic Development Subject: Adopt Resolution Nos. 2019-01 and 2019-02 approving the Recognized Obligation Payment Schedule (ROPS) and Administrative Budget for the Huntington Beach Successor Agency for the period of July 1, 2019 through June 30, 2020, in accordance with Health and Safety Code Section 34177 and related actions Statement of Issue: The Successor Agency is requested to approve the Recognized Obligation Payment Schedule (ROPS) and Administrative Budget for the period of July 1, 2019, through June 30, 2020. An approved ROPS must be submitted to the County of Orange Oversight Board by January 23, 2019, and then to the Department of Finance (DOF) by February 1, 2019. This is the third year that the Successor Agency is submitting an annual ROPS in-lieu-of the previous six-month ROPS period. This is the first year that the Successor Agency is submitting the ROPS to the Countywide Oversight Board. Financial Impact: The ROPS provides the County Auditor-Controller with the amount of the former Redevelopment Agency's enforceable obligations for which the Successor Agency anticipates incurring expenditures. Once approved by DOF, the Successor Agency will be entitled to receive property tax revenue up to the amount of the DOF-approved enforceable obligations included in the Payment Schedule. The ROPS requests $15,936,825 in funds to support existing legally required enforceable obligations. Successor Agency Recommended Action: A) Adopt Resolution No. 2019-01, "A Resolution of the Successor Agency to the Redevelopment Agency of the City of Huntington Beach Approving the Successor Agency Administrative Budget for the Period July 1, 2019, through June 30, 2020;" and, B) Adopt Resolution No. 2019-02, "A Resolution of the Successor Agency to the Redevelopment Agency of the City of Huntington Beach Approving the Recognized Obligation Payment Schedule for the Period July 1, 2019 - June 30, 2020 (ROPS 19-20')." City of Huntington Beach Page 1 of 3 Printed on 1/16/2019 144 povvered ny Legistar" File #: 18-610 MEETING DATE: 1/22/2019 Alternative Action(s): Do not adopt the Resolutions and direct staff accordingly. Per Health and Safety Code Section 34177 (m)(2), the Successor Agency will be assessed a $10,000 per-day penalty for failure to submit the ROPS on a timely basis. Additionally, failure to submit the ROPS within ten (10) days of the deadline may result in a 25% reduction of the Successor Agency's maximum administrative cost allowance for the period covered by the delinquent ROPS. Analysis: As a result of the California Supreme Court's ruling on the Dissolution Act, all redevelopment agencies in California were dissolved effective February 1, 2012. The Dissolution Act and AB 1484 describe the procedures to wind-down the affairs of the former redevelopment agencies. These provisions include the continued payment of recognized enforceable obligations as defined in the law. The Recognized Obligation Payment Schedule for July 1, 2019, through June 30, 2020, requests payment for enforceable obligations associated with the former Redevelopment Agency's Tax Allocation bonds, development agreements, legal services, administrative, and other miscellaneous costs. The DOF has the authority to review the ROPS and return it to the Successor Agency for reconsideration and modification. In 2017, the Governor signed Senate Bill 107, which provided additional "clean-up" to the dissolution legislation of the former redevelopment agencies. Some of the items within the legislation include the retention of the City's Oversight Board through June 2018 and changing the bi-annual ROPS to an annual submittal. Pursuant to HSC Section 34177 (o)(1), commencing with the ROPS in 2016/2017 and thereafter, agencies shall submit an Oversight Board-approved annual ROPS to DOF by February 1. The State DOF will make its determination by April 15, 2019, and each April 15 thereafter. Therefore, the ROPS shall not be effective until approved by the State DOF. The County Auditor-Controller has established a new Countywide Oversight Board for review and approval of the ROPS prior to submittal to the DOF. The Successor Agency and City are pursuing legal action to begin repayment of former redevelopment agency loans from the City. The DOF has denied the repayment of these legitimate redevelopment loans on three separate occasions totaling $71 million. The Administrative Budget for the July 1, 2019, through June 30, 2020, period reflects a total of $250,000, which represents the maximum reimbursement to cities allowed by law for costs associated with administering these obligations. Environmental Status: Not applicable Strategic Plan Goal: Strengthen economic and financial sustainability Attachment(s): 1. Resolution No. 2019-01, "A Resolution of the Successor Agency to the Redevelopment Agency of the City of Huntington Beach Approving the Successor Agency Administrative City of Huntington Beach Page 2 of 3 Printed on 1/16/2019 14r_ powered by LegistarT^^ File #: 18-610 MEETING DATE: 1/22/2019 Budget for the Period July 1, 2019, through June 30, 2020;" and, 2. Resolution No. 2019-02, "A Resolution of the Successor Agency to the Redevelopment Agency of the City of Huntington Beach Approving the Recognized Obligation Payment Schedule for the Period July 1, 2019 - June 30, 2020 (`ROPS 19-20')." City of Huntington Beach Page 3 of 3 Printed on 1/16/2019 146 powered by LegistarTM RESOLUTION NO. 2019-01 A RESOLUTION OF THE SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH APPROVING THE SUCCESSOR AGENCY ADMINISTRATIVE BUDGET FOR THE PERIOD JULY 1, 2019 THROUGH JUNE 30, 2020 WHEREAS, California Health and Safety Code section 341770) requires that the Successor Agency to the Redevelopment Agency of the City of Huntington Beach ("Successor Agency") prepare an administrative budget for each annual fiscal period; and A draft administrative budget for the fiscal period of July 1, 2019 through June 30, 2020 ("Administrative Budget") is attached hereto as Exhibit A; and California Health and Safety Code section 34177(k) requires the Successor Agency to provide to the County Auditor-Controller administrative cost estimates for expenses from the administrative budget that are to be paid from property tax revenues deposited in the Redevelopment Property Tax Trust Fund for each annual fiscal period; and All of the prerequisites with respect to the approval of this Resolution have been met. NOW, THEREFORE, the Successor Agency to the Redevelopment Agency of the City of Huntington Beach does hereby resolve as follows: 1. The Successor Agency hereby finds and determines that the foregoing recitals are true and correct. 2. The Administrative Budget attached hereto as Exhibit A is hereby approved. 3. The Successor Agency staff is directed to: (i) provide the required cost estimates for expenses to the County Auditor-Controller; and (ii) to do any and all things and to execute and deliver any and all documents which may be necessary or advisable in order to effectuate the purposes of this Resolution. 4. The Successor Agency does not intend, by adoption of this Resolution, to waive any constitutional, legal and/or equitable rights of the Successor Agency or the City of Huntington Beach under law and/or in equity by virtue of the adoption of this Resolution and actions approved and taken pursuant to this Resolution and, therefore, reserves all such rights of the Successor Agency and the City of Huntington Beach under law and/or in equity. 18-7147/193573 1 RESOLUTION NO. 2019-01 PASSED AND ADOPTED by the Successor Agency to the Redevelopment Agency of the City of Huntington Beach at a regular meeting thereof held on the 22nd day of January , 2019. Chairperson REVIEWED AND APPROVED: Exec iv rector APPROVED AS TO FORM: e al Legal Counsel \\mr 18-7147/193573 2 RESOLUTION NO. 2019-01 EXHIBIT A ADMINISTRATIVE BUDGET FOR THE PERIOD JULY 1, 2019 THROUGH JUNE 30, 2020 [behind this page] 18-7147/193573 3 K�SULU� 16/V NO. Cdu/ U / Successor Agency Administrative Budget Department Budget Summary Other Funds by Object Account OTHER FUNDS Expenditure Object Account ROPS 19-20 Budget RORF Administration(350) PERSONAL SERVICES Salaries/Benefits-Permanent 225,000 PERSONAL SERVICES 225,000 OPERATING EXPENSES Legal Services Other Professional Services/Operating 25,000 OPERATING EXPENSES 25,000 Total 250,000 Revenue Summary ROPS 19-20 Budget Administrative Allowance 250,000 Other Funds - Total 250,000 Significant Changes Pursuant to AB x126 and AB 1484,the Successor Agency receives RPTTF funding from the County Auditor- Controller to pay Enforceable Obligations. The Successor Agency also receives a 3% of actual distributed RPTTF in the preceding fiscal year, or a minimum of$250,000 for administration of the winding down of the former Redevelopment Agency per fiscal year. Administrative costs associated with the "wind down" and dissolution of the Redevelopment Agency that exceed the administrative cost allowance will be funded by Other Funds, pursuant to State rules. Administrative expenses include: personnel costs, legal, and othe professional services expenses associated with the dissolution and administration of the Successor Agency. Successor Agency Res. No. 2019-01 STATE OF CALIFORNIA COUNTY OF ORANGE ) ss: CITY OF HUNTINGTON BEACH ) I, ROBIN ESTANISLAU the Clerk of the Successor Agency to the former City of Huntington Beach Redevelopment Agency, Huntington Beach, California, DO HEREBY CERTIFY that the foregoing resolution was duly adopted by The Successor Agency to the Redevelopment Agency of the City of Huntington Beach at a special meeting held on January 22, 2019 and that is was so adopted by the following vote: AYES: Brenden, Carr, Semeta, Peterson, Posey, Delgleize, Hardy NOES: None ABSENT: None ABSTAIN: None Clerk of The Successor Agency to the Redevelopment Agency of the City of Huntington Beach, California RESOLUTION NO. 2019-02 A RESOLUTION OF THE SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH APPROVING THE RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR THE PERIOD JULY 1, 2019—JUNE 30, 2020 ("ROPS 19-20") WHEREAS, pursuant to AB xl 26 (as amended by AB 1484, the "Dissolution Act"), the separate legal entity known as Successor Agency to the Redevelopment Agency of the City of Huntington Beach ("Successor Agency") must prepare "Recognized Obligation Payment Schedules" ("ROPS") that enumerate the enforceable obligations and expenses of the Successor Agency for each successive annual fiscal period until the wind down and disposition of assets of the former Redevelopment Agency of the City of Huntington Beach; and The Successor Agency staff has prepared a ROPS for the annual fiscal period commencing on July 1, 2019 and continuing through June 30, 2020 ("ROPS 19-20") which is attached hereto as Exhibit A; and After reviewing ROPS 19-20, presented to and recommended for approval by Successor Agency staff, and after reviewing any written and oral comments from the public relating thereto, the Successor Agency Board desires to approve the ROPS 19-20; and All of the prerequisites with respect to the approval of this Resolution have been met. NOW, THEREFORE, the Successor Agency to the Redevelopment Agency of the City of Huntington Beach does hereby resolve as follows: 1. The Successor Agency hereby finds and determines that the foregoing recitals are true and correct. 2. The Successor Agency hereby approves ROPS 19-20 in the form presented to the Successor Agency and attached hereto as Exhibit A, and hereby determines that such agreements and obligations constitute "enforceable obligations" and "recognized obligations" for all purposes under the Dissolution Act. 3. The Successor Agency authorizes and directs the Successor Agency staff to: (i) take all actions necessary under the Dissolution Act to post ROPS 19-20 on the Successor Agency website once approved by the Oversight Board to the Successor Agency; (ii) transmit ROPS 19-20 to the Auditor-Controller and the County Administrator of the County of Orange and to the State Controller and the State Department of Finance ("DOF"); and (iii) to do any and all things and to execute and deliver any and all documents which may be necessary or advisable in order to effectuate the purposes of this Resolution. In addition, the Successor Agency authorizes and directs the Successor Agency staff to make such non-substantive revisions to ROPS 19-20 as may be necessary to submit ROPS 19-20 in any modified form required by DOF, and ROPS 19-20 as so modified shall thereupon constitute ROPS 19-20 as approved by the Successor Agency pursuant to this Resolution. 18-7147/193571 1 RESOLUTION NO. 2019-02 4. The Successor Agency authorizes the Executive Director, or designee, to make such non-substantive changes and amendments to ROPS 19-20 as may be approved by the Executive Director of the Successor Agency and its legal counsel, and Reso1ROPS 19-20 as so modified shall thereupon constitute ROPS 19-20 as approved by the Successor Agency pursuant to this Resolution. 5. The Successor Agency does not intend, by adoption of this Resolution, to waive any constitutional, legal and/or equitable rights of the Successor Agency or the City of Huntington Beach under law and/or in equity by virtue of the adoption of this Resolution and actions approved and taken pursuant to this Resolution and, therefore, reserves all such rights of the Successor Agency and the City of Huntington Beach under law and/or in equity. PASSED AND ADOPTED by the Successor Agency to the Redevelopment Agency of the City of Huntington Beach at a regular meeting thereof held on the 22nd day of January , 2019. Chairperson REVIE VED AND APPROVED: Ex ut' irector APPROVED AS TO FORM: G eral Legal Counsel k0W 18-7147/193571 2 EXHIBIT A RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR THE PERIOD JULY 1, 2019 THROUGH JUKE 30, 2020 ("ROPS 19-20S") [behind this page] KEsvLuT)oN AJO, Recognized Obligation Payment Schedule(ROPS 19-20)-Summary Filed for the July 1,2019 through June 30,2020 Period Successor Agency: Huntington Beach County: Orange 19-20A Total 19-20B Total Current Period Requested Funding for Enforceable Obligations(ROPS Detail) (July-December) (January June) ROPS 19 20 Total A Enforceable Obligations Funded as Follows(B+C+D): $ 497,723 $ $ 497,723 B Bond Proceeds C Reserve Balance D Other Funds 497,723 497,723 E Redevelopment Property Tax Trust Fund(RPTTF)(F+G): $ 7,460,920 _$_ 7,978,182 $ 15,439,102 F RPTTF 7,335,920 7,853,182 15,189,102 G Administrative RPTTF 125,000 125,000 250,000 H Current Period Enforceable Obligations(A+E): $ 7,968,643 $ 7,978,182 $ 15,936,825 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 Name Title Payment Schedule for the above named successor agency. Signature Date Huntington Reach Recognized Obligation Payment Schedule CROPS 19.10�-ROPS Detail July 1,2019 through June 30,2020 Re d Amounts In Whole Meta e c 0 E P O 1 J K L K P 0 U y W 1940A Jul -De¢entbe 319.20B Janus -June Fund Soutces Fund Sources Mme RaMNameAeotCd - Cpnoacyq Daen' CON2oyA Oa,.t OukaMOO ROP310.2a _PaOn O etlonT ExeMipn Oak TemNnaAon Date Payee Descrp:oniPm/M Scace Rolecl Area M 1or 051getian I-ed TOW BOM Proceeds R valence ONer FUMs gPFTF AOm,n RPRF 1TaM Bono Racecda R rve Balarwa qna Furga PrtF mn RPTTF Teki 1 f wt 33691,3at E t3,936,825 S o f~ O S a9T,)]3 f ].335.BM 3 123.000 f ),958,etl$ 0 fax 0 O f R).e53.182 3Ad i..— S ).9 102 2Hett Re Y a 3 kAa N f Y genvy Hua:n an Beam OPNDDNCor:sfrvctron 911M990 9/lOR023 FM BearJl Rezwk LLC DMPoM:anaM Development, Merge 3.000,385 $ 713336 35)869 5 35i,669 33),089 S 35i,909 Rgea APeem m approved on Eepamlxr a,19981w Na WeIMroM OevebpmN 32W>Tax NecaOon RemMmg Bpnde lstueOOnw Before &19Rp03 b1RON Bakal New YaM Trull T.v Naulwn ROMa DeM Bervw Mergd >,805,SOo N 1 t,0150o0 1509625 E t309,623 D5,315 f IM375 Magd 3.653.57. N 13] Bands 1YJtna NE e 899 Tex Paonoen Raumnp Bagsluved Qn or Before 1n2N 999 BI1R02e a.uaNew YaNiruf TU Plbgpon BOMS DeM Bervke S 3)S 1ae,3)S f 4a,1 BOMB t>A1n0 609 5 2 ax Nocauan Relundrq Fees 11n>R010 11/1TlaN8 ArbNpe ComPWnce TU Ploutwn Gonda.."nee SOD N S SDD :DO 5 tla500 S 6 PkWUon-Fede."R.Co NeMa BpndaTex Plpgoon Ref—, Foes 11n)/2a10 11/1)ROI6 grblrepe ComplaMe Tax No<anon BOMaarkpage rebate Merged 500 N f 500 02002TU M..—R.—, Feu En8R002 9 c:tlM cal<Wlwn-FedemIlRS er,ce E S00 S 500 MRO2k Bark of New VOMMebn Ta..1 1p BOM]-Payment. Merged 1.500 N S 1.500 1500 3 1YJa S 9 t998 TU Nacaean RauMmg Feq 111y1859 &1R02a eanNa New Yak McAon Tex Moubon BOMB-Paynwnl. Moped "we—1 N 1300 E t,500 3 1.500 Frcw 10200 Tex No®Uon RNUMinq Feaa 1l3Ro01 9lJROta artN13 C^^roanV Regeraeon and lJiy a C.l."p ge 50 Ne, tl a Y BOMS AMe•n.LLC geao.urt gmusl Regna ell S 11999 T.Moabon Re ,q Fen 1-1 9]le MamnM EveN Nolcea wrtlla ComPM R�ra6on ana rJ:nRp aCantbung Merged Adnwn.LLC eportsaM t,3 T i - E - S 12 rrureHCM a6enHALa•te llaoahauedq,w B.xwe Sn—a 9Ii/Ja21 Matenel E_Nb4f ces R.w•y Rate* Boast, 1MM. EAueld 20108—Muse e.efgee N Revefv Reket3re Ba o,,Dab1 3 f 13 HM SecDon t00 lMasUucive BOMalssued Mon Be(ore )rz1ROt0 &1R019 BenN of Now Y-Memn ftl mnfw HYa R..Progenies 1)/31f10 .8a0y bR aM erVorceatde lwn Merged 10tl3 N 3 S2A.500 520,580 s 528.500 aPeemenr wN the u.s.DeparaMa S aakg and uroan DevekPneN fa Shand Hpf.'o MkedUs• CPPAOMConauuaion BN11989 .1 Ma Mprave A 9/30/1033 CIM Group.LLCend Kam ProgN TU Sheaq ApreemeM Merged 6,a0fi.Wi N S ,90J 8)).M 3 877,9IX3 E Pro1M,PoMnpalnSaaNxtae BallmeraM Bedpan geponaoneM N—,--Agrec.cM IDDAI tar .vebp-M a—.re., Mmuranl all pact.ef,e I..The ImpkmentNm a Ne OQO ark Va SIxN Impkmenfaaw APeemerk erect lNp lrom June 1999.Nrovem 15 SIreM ROIM Addeoml ParMn9 OPA.DDP/Cons.q;on 1RNA09 9IJM033 CIM Group.LLC Rog MTu A8l:amg Agre,e ement M.rpM 416.a5a N S a9,3)0 49,576 S a9,5i8 y Mar M O.poMw all Devekgm.a A9reemere(ODA)and Sods lmgeme en PgreemeNlbr tie SIaM Pojeas Prknp Nuaae i6 Poufw a�Mr¢edM Jaaury 20,2009. CaY OPM.]OPKonMrMwn 1011&fi06 0/t6R036 MM.Or Ragrteaa Ke giwa gPeemeN Meged 5.520.00o N S E E PoIMR!ell Berkrvn x eppwed on Q1'eCer 18,i0061a taws devebpmeN ar a Jt-aae Me Fo el PoCND Cosa Highway all FUM Shaet ell IwrwM M Drogb tTD Cal.Very Low I—e m NCPehutlan 1 Y1030 luaAacali9n>I+aPeq rePMam.M Me+PO N 3 11RKN2a MtlP Prapenke i% W p:aauwa b AaManN.anw f i Oxn•r Per JPUon Apmwnre - egprwMonaclaMr1a.200a q Ne f3%1.meM bueve okea5oq S%vary-law trMorra Mte kle Ill anebp.a M aw N19yeav Aw,anll ti 13WMMarknRMMbprwq. as r•rrarNnp 10%bn w. pt NtmuJ hnarpr,on CC n `JIMB91 1.ROt) AAP meNRap Maraletl Nx pwekM:erX paferWl �AMappev _ MwPd N S - S P•emea agne Mry2ateel asoavelapnwea aaanetla be ad The M cwMaw ua O R—anada maa Inptl1%roewr ArnrMRM tpOF Me2MNa%rrMM 31,1Ba1. D OMpeeOniw Isuead y _ f3arMnl Leew aeRMd efgvetltl W 11 11 • anAMk Wfa•e•r,d anwYlees%MnedeMvuWx MPd Re0%%bpn%nt Pfyeak De Yd3sea0A91J(M 29 Be0e Terre PaMrg lNrearuttwe CPP]DOaoormrvahon tOR11000 9/JORo25 Belk Tempa>atufes LLC Pro TU Stan Prolxdy Tex Efanrg ApreemerA �l r,y APeerrcN Merged B,B09,OtB M1 S }056,301 uMer Netema al tfe CMner E 2056,344 i I,058.3H Pw5c,Plon ApmmeN(dakd 1 W.ODD)ell BewM Implement f.Apeemea(WtM 9niRD0i)fa Ne hvebpm.N a ale HumaOFOn Cenkr(Belk Tam). IMMe.kpa reaaememt fo eNorce ol8petwn Huntington Beall Retognmed Obligation Papnenl Echeduk(Rope 19-20)-ROPS Dahll July 1,2019 through June 30,2020 Re d Amounis In Whole Dolan • t E g 18-2OA(July•Oa lantbar) s19-RO8 Jams -June Fund Sources Fund Sources aema nemNDeM —Ttoe ,mtLl CIInmi,Ylml�an TwY Cueu" IIgF6— 10.1011 3p BYY Ttna%wee Gey« aN'�A1OnArOI°a e<aFt P n Arte CNM w Coa9eta^ R«rm Ttel fiorY Fames fteeaM Belenat Nnr F.— RPRF gpmn RPiTF Tebl Bwb Plp<eeat fteeerve Wrq (Mir full RPTTf A6m RPTTF 1Te1Y 9Wmp Apreererc •apM"« ArDONCorww,en 1p•Ypip in/A36 BYY TmeV:Ye LLC the ApnenwaeapweamCclapera Merp« ,.e,0 e6p N 3 ,nt1Ta f 1)Tt1Ta 1.l afae Wne Werner 9erbnn p,p lo•c¢rNr,.c«n a!a«i mae6 uM Pee<t laaW+tin n <o�npne w m.sea w RRaeM,al ( eaw.Y.a,.Intl,aMs NpY e9Mr«,n•ee r a9lewNs aYpYRr. %LepYaapert«W Sc<eaear tpY T,VJOt 2 )Mpt6 ene Balmw L BR1enM e9Y apemee b erwe 9ucwaa, Merq«ern N s f f awpYrce win AB to M ��m^OS«w xM Ae tv ae ern Swrneu CwYY all Sa)ery C¢oe�earmrt b Wtl: 111),aM1 d Su -InII Alen —te rNW NaearW Serve« CJ,6m910 YJB<ptT yw utru¢n 9uxeew Henry<wnagrce rnwmc Amuue 9ca%WO Me•pea G I n f ra.nr.b naenw sYeN teas tempi♦nu.an Ae,.a6 erb A9 n:T s eaY eeceoniet K,)fl 1♦e♦ �M1etolmtn m'r,pterx+.rb YM tUru�faRt )n/NiT „RYLO]< swcw«„1piie�i.M s�eceuo„yexy emr„ncort ue•9v0.M nco00l n s 230.pDp ,)s s )3e.000 ,n.00e 1 ABtr r0 per tie lxx.m �o.r:=pIt It ourea¢ne.Y.wywwt¢ «iNta ee reauree W AR YaMIYIr,ea F«ory 1nIp10 • ereeyT aYa 'ercre to ttr✓e N _ IFIetelly .MwYri Fnne a0edT Narcenarwe•oeed<ar'Rtl m n.ei teaemeY lw Reemue.ReeM'M1 b,rYY,a het« N))ne a , 1 :w« r9etl eeafn Rde�93beb 0e61 ' '.a PiUe C.ry-ae ¢ aerete m ,rye ryla.Income vAGOation¢menan ,W,Bltfg6 � .. usn9 A,nnxM St v �wrg on:ga:.on ion P fi..CU r. 3 mar rypN,rM ♦ Pocic c;.mvr<ct a 3 «aY,p\en hW UW vrtpt6 I! f leh TYn l T-11 ,Mies 11 ♦ Renta.Mesrt<r rose e•a« H Isla ima 7 .] ^rN9Miae maler uel eaRrl Mene0enent Chi Y FnnrYeY ea acre Cate JJO,p ),)�♦ b 9 b ♦ Wye« 'gnVanrf N n ama r.,u«.con Renvw,p ea.Y.N.uea en or saw. m3naaT finrma+ rw<a tie.we,w ,ar„a„rc,.aeeeb Nm n uNpea e N s s s ,inlna _ 6♦avccesew apenry f,rnmy Aup« I,/W.13 11/iT1019 Fm llP aeetlw ftnmW MarpeE tgp00 N f saemm,Awa �o a Nw.n.wasur<«w,Apercy. , tees e pe S aM¢n n)YI epemy Natl P�-Mwperrerc Cwn N]n9p9 L30Rp3] Cpya Hum:�gpn Beall Merwemen aea iw G,y 3 IFnnel 6l.wan<1rprc Npl¢n I a�,vgrl3o Maal NuetaY G7 uerpea v f I f +NaKNarta CIPorcN 6arq;) I Mein�r�a0 more)pepby 0,rtdw _e.1— � t pY¢pMr<11;6 neon)nrannr a nwn� law sw 1U AewrNr l>D �munl va M Mawsy Mee phtlle�tettel I vrgect Mer,epe<139 Y bnepare,emnloren aew«<—L Apmw ;�Man�RPNam,p•m ani SYe Aweemen A Welennent aY, aannONaa'a «rama eaewerrNr a. �� C tPrYl6 en07) aYM�«�, MrarU1P1I3Rp 4a0aertaY\ earwlaA NNNgrR�Tnotl etiefF.­tt— 147., TA1p1f Men L b lNepa N f f _.__ C eases«0 err n asrrsba�ue.a Aatmp papM,eaYh L W I!r�G ONI rric<a Ooeur'4ro e�ArMw ra fYe NI et Glee M )n's WwrYNYm avae< eem<wb IRrd W.VAet♦ra H9n _ c eNeaYangn °1eM Mwr tie usuP !e c 9 eef9errnMwCaKRS t<aaral Huntln0t0n Beach RecognMtl0 OOR0NIon P9ymeM SNe0uN(ROP318,20(-ROBS Detaq July 1,2019 IRrougN June 30,20M Ra N Ameuntl In WNWtl Dollars N 9 c e E F U N K 19-ZOA Ju -Danmbe 19-2O6 Jw1w -JuneM Fund Sounn Fund Source!caraaavapnrrY« GwawNawmaM nxna P,aea Name nryw Ea«unm pNe en pal. o<«nq:awmlea scow RaPN aw o.nl�rmq Rora ta9a _ SlNpler �N n W pLun Qner FVNa RPf!F mngP;ff Topl gorq RaaWa ReFa.ve 3aleae Tadl L.W.. natlnitlarb 3g13w Sn waaNnra tlY i1Ni l� 11 a ClL an130 2011 w 9er eanN f ca.. laenr t„tl L`p olgenll Prwxv Alwrw-f1.rq w— Iuw1b p.b 9aax.em - fa>m mYrr Ler9201 ♦Lan. Lawn Y Iq �1 ALaar Yn R.N.M.a Ooas 11 Prwan/ rawrq NNe+r Reanaeq ear owl 9,Hhabapm panne Lawn rPty ew+enwerr w 'eal'araaRwn Yr9eq N nFnY Ortwtl 11 pfopal aarrnNMavgr the Oanara rawnsn ReYaa tlns N.RYt aiy. R _ Rtuetl 11 PewarM WRM alapwiPlwrM f P?+aaw 1)PnYYe/ w0 HFar tan bayw bxYa-aM IwaaJarer V4Cef aawb ti OerOW)n Ntwc9 aewtNa Oawban Yaw 9e emR4N.r _ N r �aaan 11,rmPYh 9NRaM aM�wbaL Yn9w N ilreUeRw tl1RM Itlllael N MWYe RelaWplYw aMN MiM CM vebatltlVraM f tlnPeLY:rYra Pralvat 11.Fewanl tlR eawte3bw atYyrNwY N t S11RN n9Y3 lsnlPror N SwlW pReb aa4 N 1 _ 11 ReaRt/ >eYP t Slrvnn PRiee( t1 Fe SNL1p] b wr pon wm wNa OarGq NNe N 3 3 fRtlp NM FaN/wrNtlaM S CamnrW aai 6w Laan( N MM 1 Harr 11 Ragrry v69 C4raLL arY WMMNnNprR.00a NOatl artl RavY:F YWY Hem.M:wa nw«ta MyeYar3vre CenvrYr<Y Sw PM 56uN F1t)Plenl fmY'I 1M NHabyon Y•Na•wawlNaewbaw« 1 are alNYRbaN - 1woPxw..NP.NwM tlY LPwtRY IaFryxr leanre0aYrerrll asww.maw a. N HVbgl--n enmRawrNepwrl t)pi pgaebnPy u0tlo3 f t OSU wvwea GIPER9 Penapn uMealoClnw 1 8 CNPEPS IMvgee GIPER9 pararon Mer9eE ]a]S CS6 N ])6t01 1]S OSC 1 03a 1 tlgaeon as wr�alPER9 acluvnN f '38 el Jive]0]Ot6 a t03 lIrMM09gJan:p ReNemera UYuww LNCl9n e/llV Stt 1111b1026 W UeYurgea Muarulzcruea ]et9 f a). �� or SeaNmtlar]0.20tl as wr NlR/n arwe 211. N 1 93033 ei 129 a].629 a aawcel va Cm Cy easel f 10]Lartl 9aN EmrYe Can Oryeaenry LwnlPmr SI11lJOOB 1d1rJo19 pWBFNµpFW Lawh&w:rq Opraew Waen:art Mxwe 13 a1] N f 303.aw -.�]O]]Oa f ]OS]0a wa3n11 Fwwny PmawI MYUM-11)M1.tl]a ]0],Na wrNac0en Irax;N RN«]%,paCl h:[uraE on 1.EmxeM Lava 10t0 Sxna A Laeu 3']009 Raverae ReNrtlegfMw 06gM�hre 5I1 J11010 WIM2t n9Yn BeaaNr Puav FmnH Cna M109mn NlnH Yar9e9 3./w,tl1a N 3 ]W,O]f 193,019 f H3.019 - - - t930t9 f 1 C19 inw«tlw a'9 eulnerrry R«anw RNvgvq eoMadq a n arse tdo Huaaylm x eaeveloaner4 LaPCaetl/Loan(mr b9/M05 M/JOA hNHulupw waN wmR:«91«Mror�ra'aaOwiron M f 10p,tta PM wvabgwn[R 0a4e/1t1.Revert/ wen ��ry x9ee 1160. N 20e 9w I 100 a]a 1 W a]a 100 a]a r Enreanaron polM aM YertN N•wmc Noraga 110 MawPnr 1 1Wny ewvNopnx3 RqM QYTavay lawn PrRr L10IJW3Onrz0J0 hNIMAnpan w«n peuv:rcaree to aca�re 4N.:wn 4eryae 2 N 3 al dle 1]C,SW 3 FMw 11 ONJen11.Praparry Inc Manner p4«I area ror PMw tl A, S 1 Omeae0m as«bMe _ 5� t1tl�rDavebPex3n paanleaa Maw Gy�YvylwnlFnror 1990 - 0nitC30 Fly-V.- NMYeapen 8eecn Celia nvune0`o ewYrt 4rq aMn Yn9ee 16w000 N a tnl, 69113 3 w,t11 w.713 I�RmNn/ 4' uY Ywwx�aa M�.�rt.m �w«..1Nn a.oeY.roan w:n•� Per am 1 Nm�oaYLW� Lrty,CeYaytnn,Rn f.VN(/.r 1011ROM WNHYRrt�an Seam �aMn acwM acRu:ve:or aM If!erpee I 9.50.N] N I 51191] 1 31;%] 6119'] 1:,91' I<amrr., cn,�al Rraieat �03:8n11.Frawrr/ ��IM ann a+tac41«aN 10 . o Blow WaN cxrsaar.aaaNaaonu Pq«t n Nuntlnpton BN h Recopnlze0 OMlpellon Payment Seheduk IROI'S 19.201-ROP9 Oekll July 1,2019 thzouph June 30,2020 R k e rt•nallnts In Whole Odn A ISC D F I J N M D p R W 19-2OA(July-Deoelnbe 318-"B J•nua -Juneu ldY Fund Sources Fund Sou]ces ems T r<»«v3aYroerJ cxx.Fuivexl»d am,na+x •ors+e-2p 1eJON 19.109 Ren.l NYneUeW OWpelldl Endebn Wk TxmMmO.b » dY„gie,w,e ed Same F+qwt Aree Oeda R..rye Ted gone P,ayeps R»xve Ilea-, OIhx FNnM RPTTF AdrNn RPRF Tod BOM Rownk R».r..•x.rce Odr FunT RPTTG J.eT.n RRTTF Ted 1133ecerY 9ult J'rel'WSeeel .Cwly uen lPna, M 1Dn/AUO CNd RYdmpen Beed� RrvRM.oaWxn eax...ev.ltl Ye+p» +b.x30 N f 16.931 i.M6 be eaSp i 0.e% p,xrov.mer.RN.d Men') w,n lne 9.odx•aS xlN xagM mp o xrod 1,.]Yrv,d Need ChV-G lanlRror S, JOC6 1M/M!p CO d xuntV-D»d, R ..—e Y,O .,I,pn YspM S!.Sp N f p1E1 ].1 34 3.t Y1 96R G Sea Sut st- ], nen.ecpan l,3 e,xd.HdeMWiW.rlme Gry,CovF/LwnlRmr 5'1LIp@ --o nYd RUMv4m Bucn Rebwlwn=..dto Tx. Yxpee )SS.EIO N f 11.31V swda.Rre�ed as�a�+,I.Gidoxn »sroo«a F��n imem.k e.dr ,],aeD s +3 ,Seeo s tlaeo t1 YA,emod CamnernY Neap pN LMJAv,N L»n 9+na nN9 lJ0]0 CN dNudvgen S.ecn Cox.rx.+edrovY rxoanor, BYI nk^ 061 nt 1.Rap,lr D�a,l.xtl d.mokknd Drineoe0 YaPd bt99.618 N f •.411.101 20et.+W ]OH�00 2.1.101 s 2041,101 Retie Yadk Rom.hdo M.11 a the Nktxl,anl Comm.RYl tt)$1wM F1 xa SKI PYn qed GNTnue)Ln.ri lPror 1M q19% 1M(JpJO CNdFxdmpron R..cn •he sham AaeG .mdxed Yxpd ),e1p,e51 N ! ]]p,3% 119.9ai f et S.pN elepY 3 el N Dsrsen,)_PNpedY I to one A,,nKxeerebe» CIhnCW3yluw U+a M))lOp2 ,Wt)l0]p CNdRvevgen Be.<I, Le.n r.PYmnd/e"xhYRe med.en SeW»d CwxY 2e3.111 N f ]n.M/peon Geed,R.i.eloprrkd •Keen Vent wPd.I ProNd.ro FY 2pOlO3 13.13] 3 13,tT2 15,1] i 13.132 ttp 2 N 3 f 171 3 In ! i 1% rNl f i s 116 N ! 2 f 9 tli N f 1lp S f f ! Huntington Beach Recognized Obligation Payment Schedule(ROPS 19-20)-Report of Cash Balances July 1,2016 through June 30,2017 (Report Amounts in Whole Dollars) Pursuant to Health and Safety Code section 34177(1),Redevelopment Property Tax Trust Fund(RPTTF)may be listed as a source of payment on the ROPS,but only to the extent no other funding source is available or when payment from property tax revenues is required by an enforceable obligation. For tips on how to complete the Report of Cash Balances Form,see Cash Balance Tips Sheet. A B C D E F G H Fund Sources Bond Proceeds Reserve Balance Other Funds RPTTF Prior ROPS RPTTF and Reserve Rent, Non-Admin ROPS 16.17 Cash Balances Bonds issued on or Bonds issued on or Balances retained Grants, and 07101116-06/30117) before12131/10 afterol/01/11 for futureperiod(s) Interest,etc. Admin Comments 1 Beginning Available Cash Balance(Actual 07101/16) RPTTF amount should exclude"A"period distribution amount 17,006 701,766 36,705 2 Revenue/Income(Actual 06130/17) RPTTF amount should tie to the ROPS 16-17 total distribution from the County Auditor-Controller 133,286 7,264,959 3 Expenditures for ROPS 16-17 Enforceable Obligations (Actual 06/30/17) 234,628 7,240,950 4 Retention of Available Cash Balance(Actual 06/30/17) RPTTF amount retained should only include the amounts distributed as reserve for future period(s) 5 ROPS 16-17 RPTTF Prior Period Adjustment RPTTF amount should tie to the Agency's ROPS 16-17 PPA farm submitted to the CAC No entry required 24,009 6 Ending Actual Available Cash Balance(06/30/17) CtoF=(1+2-3-4),G=(1+2-3-4-5) $ 0 $ 0 $ 17,006 $ 600,424 $ 36,705 Successor Agency Res. No. 2019-02 STATE OF CALIFORNIA COUNTY OF ORANGE ) ss: CITY OF HUNTINGTON BEACH ) I, ROBIN ESTANISLAU the Clerk of the Successor Agency to the former City of Huntington Beach Redevelopment Agency, Huntington Beach, California, DO HEREBY CERTIFY that the foregoing resolution was duly adopted by The Successor Agency to the Redevelopment Agency of the City of Huntington Beach at a special meeting held on January 22, 2019 and that is was so adopted by the following vote: AYES: Brenden, Carr, Semeta, Peterson, Posey, Delgleize, Hardy NOES: None ABSENT: None ABSTAIN: None Clerk of The Successor Agency to the Redevelopment Agency of the City of Huntington Beach, California