HomeMy WebLinkAbout02-13-2014 Council Agenda Item 10:30 AM A Supplement RECEIVED
Agenda Item: 10:30 A.M. - A
l,El`I FEES i 2 r�1 y 11 Date: 2/13/14
CITY CLERK, FI ESNO CITY COUNCIL
City of
Ill ioff
Supplemental Information Packet
Agenda Related Items— 10:30 A.M.
Supplemental Packet Date: February 12, 2014
Item(s)
Supplemental Information:
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i
Recognized Obligation Payment Schedule(ROPS 14-15A)-Summary
Filed for the July 1,2014 through December 31,2014 Period
Name of Successor Agency: Fresno City
Name of County: Fresno
Current Period Requested Funding for Outstanding Debt or Obligation Six-Month Total
Enforceable Obligations Funded with Non-Redevelopment Property Tax Trust Fund(RPTTF)Funding
A Sources(B+C+D): $ 4,674,127
B Bond Proceeds Funding(ROPS Detail) -
C Reserve Balance Funding(ROPS Detail) 4,674,127
D Other Funding(ROPS Detail) -
E Enforceable Obligations Funded with RPTTF Funding(F+G): $ 5,436,459
F Non-Administrative Costs(ROPS Detail) 5,186,459
G Administrative Costs(ROPS Detail) 250,000
H Current Period Enforceable Obligations(A+E): $ 10,110,586
Successor Agency Self-Reported Prior Period Adjustment to Current Period RPTTF Requested Funding
I Enforceable Obligations funded with RPTTF(E): 5,436.459
J Less Prior Period Adjustment(Report of Prior Period Adjustments Column S)
K Adjusted Current Period RPTTF Requested Funding(W) $ 3,449,221
County Auditor Controller Reported Prior Period Adjustment to Current Period RPTTF Requested Funding
L Enforceable Obligations funded with RPTTF(E): 5,436,459
M Less Prior Period Adjustment(Report of Prior Period Adjustments Column AA)
N Adjusted Current Period RPTTF Requested Funding(L-M) 5,436,459
Certification of Oversight Board Chairman:
Pursuant to Section 34177(m)of the Health and Safety code,I hereby
certify that the above is a true and accurate Recognized Obligation Nam.- TItle
Payment Schedule for the above named agency. /s/
Signature Date
Recognized Obligation Payment Schedule(ROPS)14-ISA-Report of Cash Balances
(Report Amounts in Whole Dollars)
Pursuant to Health and Safety Code section 34177(I),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.
A B C D E F G H I
Fund Sources
Bond Proceeds Reserve Balance Other RPTTF
Prior ROPS
RPTTF
Bonds Issued Bonds Issued Prior ROPS period distributed as Rent,
on or before on or after balances and DDR reserve for next Grants, Nan-Admin and
Cash Balance Information by ROPS Period 1 12/31/10 01/01/11 balances retained band payment Interest,Etc. Admin Comments
BOPS 13-14A Actuals(07101/13-12/31113
1 Beginning Available Cash Balance(Actual 07101113)
Note that for the RPTTF,1+2 should tie to columns J and O in the Report
of Prior Period Adjustments PPAS 18,247.193 228,256 6,067,080
2 Revenuelincome(Actual 12/31/13)
Note that the RPTTF amounts should tie to the ROPS 13-14A distribution
from the County Auditor-Controller during June 2013 .387.249 2.136.131
3 Expenditures for ROPS 13-14A Enforceable Obligations(Actual
-12131113)
Note that for the RPTTF,3+4 should tie to columns L and Q in the Report 255,408 3,754,386
4 Retention of Available Cash Balance(Actual 12131113)
!Vote that the RPTTF amount should only include the retention of reserves
for debt service approved in ROPS 13-14A 17,991,785 456.046 2,461,587
5 ROPS 13-14A RPTTF Prior Period Adjustment
Note that the RPTTF amount should tie to column S in the Report of PPAs. No entry required
1,987.238
6 Ending Actual Available Cash Balance
I:to G=(1+2-3-4),H=(1+2-3-4-5) $ - $ $ 0 $ - $ 169,458 $ 0
BOPS 13-14B Estimate(01101114-06/30/14
7 Beginning Available Cash Balance(Actual 01101/14)
(C,D,E,G=4+6,F=H4+F4+F6,and H=5+6) $ _ $ _ $ 17.991.785 $ S 61 S,505 $ 4.448,826
8 Revenue/Income(Estimate 06130/14)
Note that the RPTTF amounts should tie to the ROPS 13-14B distribution
from the County Auditor-Controller during January 2014 2,136,858
9 Expenditures for 13-14B Enforceable Obligations(Estimate 06/30/14)
4.979 639 456,046 4,598,446
10 Retention of Available Cash Balance(Estimate 06/30/14)
Note that the RPTTF amounts may include the retention of reserves for
-debt service approved in ROPS 13-14B 13,012,146 1,987,238
11 Ending Estimated Available Cash Balance(7+8-9-10) $ _ $ S 0 $ $ 159,458 $ 0
Recognized Obligation Payment Schedule(ROPS)14-15A-ROPS Detail
July 1,2014 through December 31,2014
(Report Amounts in Whole Dollars)
A B C D E F G H I J K L M N O P
Funding Source
Non-Redevelopmerd Property Tax Trust Fund
fNMRPTTN RPTTF
Contrecl/Agreement Contract/Agreement ToW ddatai chip
Item 4 Project Name/Debt ONWation Obli.lion Type Exec0orl Dili Tarminatinn Dale Pa t SooDe Project Area i 03bt ar adon FlOred Bond Proceeds Reserve Balanca Other Fulds Nan-Admen Admin Six-Month Total
s 38367.s6T s - 5 4674.127 S $ s168 5 256.0W 5 11DA1a.sea
f a lrtimc r I t1 1 7 14 I I BE9.012 N S 4IM-Mi
N
4 C8D-Hpl1!f Fresnpr0PA(4) OPAOMACpn;Vutll 3?-WWII 8/3D72D15 Hotel Fresno.LLC Housing-Rehabilitation/Affordable Central Blnlinim 1,9B4,164 N 24.721 $ 24,721
an Hous;n@ District
5 CBD-Property Based lmpmmmnnl ImprovemenUlntrastr fV2412010 8/242015 County of Fresno P816 Aasessment-Cl3D Area Pwllwr Central Business 40,764 N Z7501 5,191 S 7.942
DllFtnd SID1[61 attar. District
6 Central Q*-Apple Vllley rmprovementrinfrastr TM72011 12/312014 Yamabe&Mom Complete planned infrastructure Central City 597,555 N 353,02r $ 353.027
Infrastructure(1) ucture Engineering,Apple Valley improvements related to expanded
Panes,Inc. manWgyurl dcv_r loam em
9 C.bnvenlfen Center-Convention 0P I'll 112005 1i/30 r016 To Be Determined Site Preparation,maintenance, Cnnver:bm Center 3,309,662 N 2,819,687 g 2,51%8B}
Center Development-Old Armenian on fencing,property acquisition per
-town LLC(5) relocation agreement(various
Properties)
10 Convenaon CervW-Hillonoftaft Uitigafion 7/120D9 112131/2014 To Be Determined Relocationfrestoration of historic Cornremion Center 321,714 N 137.027 $ 137.027
5 hous=e
11 Convention Center-Property Based ImprovemenVlnfrastf&24217tD 9 wols County Of Fresno PSID Assessment-Convention Center Convention Center 2,419 N 471 5 471
rovemenl District fPBID 7 uclure Area Parton
12 Fwy QWGS-Fulb)NA 4VeetlOPA(1) OPA/DDAsCmw&k cd 411412011 12/31/2014 TFS lrwasynanpl,LLC MxWn9-Cwncr Pift0wrin Freeway 9WGS 251,721 N 242.221 S 242221
on rq-ynant
VS Fullm-L SVW Pro)ecvOPA(1) CPArMhConstmod W972011 12/31/2014 FFDA Properties,LLC Housing-Owner Participation Fulton 252,361 N 252,361 5 252,361
on Agreement
17 Fulton-1612 Fulton Street/OPA(2) OPA/DDA/C&VbxPca 21/912011 14314 OT4 FFDA Properties,LLC Housing-Owner Parodpntan Fulton 7,005 N 7,005 5 V)16
on Agreement
16 Fulton-1608 Broaaway)OPA(3) OPA/DDAvConstmce;u92011 12/31/2014 FFDA Properties.LLC Haunlrg-Omer Panoapmon Fulton 830,471 N 424.721 $ 424,721
tin AWeement
19 Fulton-103S-1660 BeuadxayMPA CPAXUDAICanittradd 31QW1 1273112014 FFDA Properties,LLC Howwig-Ormer Partiopaam Fulton 969.975 N 494,7il $ 494,721
4 tin AWeemant
20 Fallon-FNIM&CalamraalOPA[W OPA/DDA/Construcli 2u912011 11/30/2016 FFDA Propenlea,LLC Housing-Ormer PankipaSon Fulton 21376,987 N 24,721 S 24,721
VT
22.lefferson-CMC Regional Medical 0PAID0AlCm&6nx9 711/1995 7nn018 CMC Agreement for CMG Regional Medical Jefferson 321.471 N 8,B7Y 5 S'TR
Comer do Center Fvnaaalpn
24 s1m"st,-21103 Mirel•p"a Tax Bonds Issued On or 211/2003 .1/2J2023 Bank of New York InlmsrmcWre projects mrinposs 4,W8,855 rJ 86.890 $ 86,899
A1:aCce9on Boniialill 19afore IN31na
25 Roeding-CalifWnea[nfraalruetwe TMN-Parry Loma W3Q4 G &W"3 Csliforrlte lydrasewure A Infrastructure improvements in Roading 2.414.610 N W,13; $ 94,13?
Bank Loan(3) EEconomic Development Roeding Business Park Project Area
Bank
275VN-Foundry Park CFDa5 OPA/DDA/Construall'10/2211999 phamt Reimbursement regarding Foundry South Van Ness 1,189,102 N g
Dpygi rM an Peck InhasVlarLue
d0 Sovirv"t Fresno GNRA end Bonds Issued On or 31212001 EI212018 Bank of New York Bands issued la fund ncn-lwiius g Si Fresno 4,053,832 N 802.529 $ 802,521
FruiVChurch-2001 Merger Tax Before 12/31/10 projects in Southwest Fresno
ilaacatlan Bonds 2)
31 cyditlryo tFresno-Edmn Flat=it OPA/DDA/Construcll 3/9/2011 "s'J28/2016 Edison Panne. Hausing-ODA-Alfwdabm Housing 5oullb�tFresno 5,757,925 N 2.852.221 2.852221
Un
33 Property Maintenance(2) Property 5782W8 61302015 F_OC AAairdenance of Agency Owned IV 374.285 N 95,190 5 95,198
f Aaintenanrn P'ra estes
34 Property Sale/Disposition of Agency Property Dispositions:J12012 1100MI5 TBO Property sale,title,closing, All 1.3B0,485 N 348.682 389,07a $ 737.756
Properties(8) maintenance,project cost,insurance,
Costar
35 knnunl dsdosule.zlr aflocallon Professional 8/1/2001 2J22023 Wlldm Ffrs1nd81.Bank of Costs for annual disclosure reports for 6Mnaasa& N
bionds(10) :Services NY Mellon ponds-Moved to Administrative SQUam s!Fresno
36 CALPERS Unfunded and Employee Unfunded Liabilities 1111/2000 12131/2023 CAtPERS,Employees CALPERS unfunded amount and VA 2,557,588 N 167,374 $ 167,374
Leave Payout(12) payouts of accrued leave to employees
Recognized Obligation Payment Schedule(ROPS)14-15A-ROPS Detail
July 1,2014 through December 31,2014
(Report Amounts in Whole Dollars)
A B C D E F G H 1 J K L M N O P
FunIft Source
Non-Redevelopment Property Tax Trust Fund
Nm,RPTTF RPTTF
Contract7Agreement Contract/Agmement Total Outstanding
Item Proied Namo/Debt Obligation Obligation Type Exavu6ao Dale Term-tim Dwe 082crptiorsProject Scope Project Area Dvbtv0WV6w Re6md BandPoomd! Reserve Balance Other Funds Wo Admin Admin Cx-Month Total
37 EPA CMMI(13)-Relmburumwuls Prolesslcnal (372512012 1/1/2015 TBD Brvwnfews 90,000 N 45,000 5 45000
gftdtaWs Semnas
38 Successor Agency Administra0ve Admin Ca_Is 7nfM14 1i730/2015 TBD Administration, NIA 250,000 N 250,0031 5 250,000
i11 DDeratlons/Maintenance
39 Faataa%Lease Admire Cantu 711f7012 8ripml3 Bunion R1YermifndTits,LP Foe nio$C&aye NIA N
40 Due GI" IAudlt I1whition,wdrts V11M 14 §sqw t Price.Palm CPA SUFM Rftqulred 0> Diliganan,Audit NIA Y
41 Audit Professional 771r.2014 1213172014 CPA's-Macias Gini.Kutka Repuirml Annual FY Audit Mow N 5D,D00 5 50,000
Services
s
IW q�nYCOMMQM Pa„wa9.NNa{ROPO)14t1�•lis�snal hiq tsNpuA�wLln,•w
Reported for IM1e ROP31S14A(July 1,2013 tMOugM1 Oeeenibef 31,2013)Pedotl Punuenl to HeaIIM1 a�M Safep Gatle(HSC)sedian 34166(a)
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OPS 13-14ASo[c•seof A2—y(SA)Sell+epofl•d Prlos Pefiotl Adjostmeels(PPA):Punuenl to HSC Sedloe 34168(e),SAa arc required to re dlhe dillenaces beMeeetheire[toaleyailablefuediega0dih,ifadoalexpeedbl,foflhe ROPS1314A(Julythmogh De.bef2013)ped.d The aewoel of IM GG NeM/W�aCa.irw6br/fr libewn�leltl•Ip`•a tira►,1l pewa+l blMalrwaaljeA/1ry
etl,.IDp.retPmpedy Tax Test Nud(R F)apCyY. fofine ROPS1415A(Jul Nmugh D,,.m ,2014)pedod WilbeolfeetbylheSA'saelf-repaned RODS 13-14ApdofpedodadjoslmeaLHSCS--341 B6(al also specigei that the poor pedotl atllusMenfs selfreported by SAa ere subfed Maudll by gNefMlle,s�L 4faMYNI Pe Y11,r1+faaslaam-W bo.S *,.t—A'w W-0
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Recegnlud Obligation Payment Schedule(ROPS)IA-15A-Mpod of Prior Pedotl Adjuelmerds
aepodw for the ROPS 1114A(July 1,3013 Nmagh Deco ,31.3013)P,HO Pun-to He•Ilh ald S—y Cade(HSC)section 34136(e)
OP51]-14A Sucusa"r Agency(3A)Sell-rpod•tl Prior Pedatl AtljuNnenb(PPA):Pursunnl to HSC Section
edevelopmenl PmpeM Tex Tmst Funtl(RPITF)•pprovad for Ne ROPS14-15A(J01y Nmugh Oecembar2014)pe3d4
otl1 veil b e SPAlfsf eal mb y Nqe iSreAtl'sb sertlFprodp oNdeedtl lRnOeP5e13s-1qbA poorN peeidroatl eutljl usvlmelanbl leH NSnCtl Sinegcatlanntl 3Ngellrgfip(a)aalso speSufee thoat Nthee RpdOaPr4pe1d3o1d4•Atlj(uJsulalyn lehnmts speM1l lOxcpodbed b2y0 S1A3ej pare euecl to audit by 1GPPAT bwmped by Ne Cponubhtlf IM1e ROP54q by M1G v SA b F
dodbTmolol C N nnen.wI-endh,
wtlarbQw PPA Aho nob N•I the Mirinnrolmle do nolnwdloa fslM•IIM line item level end mAv lb•m•�•tl
eutlllor-conbolle CACl end the Stele CPnlnrller.
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Recognized Obligation Payment Schedule 14-15A-Notes
July 1,2014 through December 31,2014
Item# Notes/Comments
FOOTNOTES TO ROPS 14-SSA-REPORT OF CASH BALANCES
COLUMN E-DUE DILIGENCE REVIEW BALANCES RETAINED FOR APPROVED ENFORCEABLE OBLIGATIONS
}IOUSING SUCCESSOR RESERVES AS OF_JANUARY 1.2013
2/1/12 Transfer from LMIHF to Housing Successor LMIHF DDR $ 31Z704.00
Less:Amount Paid to CAC pursuant to DOF's 1/11/13 Letter LMIHF DDR (168,354.00]
Amount Approved for Retention by DOF LMIHF DDR 144.350.00
I
2/1/12 Transfer from RDA Other Funds to Housin&Successor OTHER DDR I 17,567,68L00
Less:Amount Requested to be Paid to CAC by DOF pursuant to 6/27/13 Letter OTHER DDR (4,933,178.00)
Amount Approved for Retention by DOF OTHER DDR :12,634,503.00
_Plus:Amount from above held in Reserve pending Lawsuit Resolution OTHER DDR 4,933,178.00
Sub-Total Held by Housing5uccesor From RDA Other Funds OTHER DDR 17,567,681.00
Sub-Total Held by Housing Successorfrom RDA Other and LMIHF Funds 17,712,033-00
Less: Housing Obligations Paid DuriN 2/1/12-6J30J12 of ROPS 1 Period approved by DOF OTHER DDR MEET&CONFER J71,758.0
Less: Housing Obligations Paid During ROPS 11 Period approved by DOF OTHER DDR MEET&CONFER (2,230,365,251
Total Reserves Held by Housing Successor as of January 1,2013 $ 15,406,907.68
SUCCESSOR AGENCY RESERVES As OF JANUARY 1.2013
Reserves Approved for Retention by DOF for ROPS III-Item#19 Facilities Lease OTHER DDR 38,250.00
Reserves Approved for Retention by DOF for ROPS III-Item#40 Due Diiligence Audit OTHER DDR 46,700.00
Amount Approved for Retention by DOF 2er Other DDR 84,950.00
Plus:Available Balance per Other DDR requested by DOF to be Paid to CAC per Letter
dated 6/27/13 which is being held in ReservespendinZ Lawsuit Resolution OTHER DDR 3,187,256.00
Plus:$58,970 FMFC Receivable DOF requested AgencX to pay to CAC per 6/27/13 Letter;
however,the Agency has no source of funds to pay this obligation. OTHER DDR
Total Reserves Held By Successor A en as of Janua 1 2013 $ 3,272,206,00
TOTAL HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES AS OF JANUARY 1,2013 $ 18,679,113.68
EXPENDITURES FOR ROPS III FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES
Reserves Approved for Retention by DOF for ROPS III-Item#19 Facilities Lease OTHER DDR 38,250.00
Reserves Approved for Retention by DOF for ROPS III-Item#40 Due Diili ence Audit OTHER DDR 46,700.00
Housing Obligations Paid During the ROPS III Period 346,970.79
lrotal Expenditures for ROPS III Paid from Housing Successor and Successor Agency Reserves $ 431,920.79
RETENTION OF AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE AS OF 6130/13 $ 18,247,192.89
ILINE 1-HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES AS OF JULY 1,2013 j$ 19,247,192.99
I
Recognized Obligation Payment Schedule 14-1SA-Notes
July 1,2014 through December 31,2014
Item# Notes/Comments
EXPENDITURES FOR ROPS 13-14A FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES I 1
I-lousing Obligations Paid During the FOPS 13-14A period 255 407.67
LINES-TOTAL EXPENDITURES FOR ROPS 13-14A PAID FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES $ 255,407.67
LINE 4-RETENTION OF AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE ASC)F 12/31/13 5 17 991,785.ZZ
ESTIMATED EXPENDITURES FOR ROPS 13-14B FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES
Estimated Housing Obligations to be Paid During the ROPS 13-14B Period L 4,979,638.95
Line 9•Total Estimated Expendftumfot RODS 13.143to 3a Pe id from Housing Successor&Successor A eFy Reserves $ 4,979,638.95
LINE 10-RETENTION OF ESTIMATED AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE
AS OF JUNE 30,2014 5 13.012.146.27
FOOTNOTES TO ROPS 14-ISA-REPORT OF CASH BALANCES
COLUMN G-OTHER FUND SOURCE-RENT,GRANTS,INTEREST,ETC. ,J
)
-_)THER BALANCE AS OF JULY 1 2013
Amount Reported on ROPS 13-14B 228,255.55
LINE 1-OTHER CASH BALANCE AS OF JULY 1 2013 5 22 255.55
REVENUE COME FROM 7 1 13-12 31 13
Project 09-CBD-Ace for Merchant Lot 10,779.33
Project 11-Conv Center-Ace for Van Ness/In o 3,886.37
Project 11-Conv Center-Pool Tables R Us 7,200.00
Project 35-SE Fresno Revit-Condoor Securi Wrou ht Iron 3,600.00
Project58-SW Fresno-Kearne Palms 61,346.00
Project 08-SW Fresno-EOC-Franklin School 12.00
Project T6-Sale of Prop-Fidelity National Title for CMC(Required b DDA 33,094.70
Project 00-Administration-Other Income 3,922.00
Project 00-Administration-Interest Income 670.91
Total Income From 7/1/13-12/31/13*Held by Successor Agency as of January,1.2014 124,511.31
plus:Unspent RCIPS II RPM RBtained 1-_nr APprbved&Outstanding Enforwible Obligations as of 1/1/13(see BOPS 13-14B) 18,038.31
[Plus:Unspent ROPS 11 RPTTF Retained to Cash Flow EPA Grant Expenditures 12,708.32
Plus:Unspent Resen(esap ravedfor Reta-pt— DOF for R m III•item t[40 Oue Dii nce Audit[see BOPS 13-14B 4- 0.00
_Plus: ROPS 13-14A RPTTF Retained for Approved and Outstanding Enforceable Obli ations as of 12/31f13 17,728.58
Plus: Retention of Portion of Line 38-Administration RPTTF Drawn in ROPS 13-14A for ROPS 13-14B 210 062.00
LIAR iZ-TOTAL REVENUE/INCOME FROM 7/1/13-12/31/13 387,248.52
RETENTION OF AVAILABLE CASH BALANCE(Actual 12/31/13)
Other Fund Balance as of 12/31/13 to be Retained for DOF Approved ROPS 13-14B Expenditures 228 255.55)
Plus: ROPS 13-14A RPTTF Retained for Approved and Outstanding Enforceable Obligations as of 12/31/13 (3-7,728.58r
Plus: Retention of Portion of Line 38-Administration RPTTF Drawn in ROPS 13-14A for RODS 13-14_B_ f (210.062.00)
LINE 4-RETENTION OF AVAILABLE CASH BALANCE(ACTUAL 12/31/13) $ (456,046.13
LINE 6-ENDING ACTUAL AVAILABLE CASH BALANCE AS OF 12/31/13 S 15%457.94
Recognized Obligation Payment Schedule 14-15A-Notes
July 1,2014 through December 31,2014
Item# Notes/Comments
1
'Does not include income from EPA Grant or CIVIC Medical Office Buildiu income which is used to offset applicable enforceable obRgatrons
I '
'FOOTNOTES TO ROPS 14-1SA-REPORT OF CASH BALANCES
(COLUMN H-NON-ADMIN RPTTF !
THERE ARE PROBLEMS AS DISCUSSED BELOW.WITH THE FORMULAS AND THE METHODOLOGY FOR THIS COLUMN,
'THE WORKSHEET PROHIBITS ADMISSION OF FUNDS ON HAND FOR THE ROPS III PRIOR PERIOD ADIUSTMENTTHAT NEED TO BE
USED TO BALANCE THE ROPS 13-14B REPORTING PERIOD. IN OUR CASE,ROPS 13-14B WAS APPROVED FOR$4,598,446 OF OBLIGATIONS;
HOWEVER,THE CAC ONLY FUNDED$2,136,858 BECAUSE THE ROPS III PRIOR PERIOD ADJUSTMENT AMOUNTED TO$2,461,588. IF THIS
NUMBER IS REPORTED IN THE ROP513-14A RECONCILIATION ATTACHED:A IT FALLS TO THE BOTTOM LINE-6)BECOMES APART OFTHE
ADJUSTMENT FOR THIS ROPS 14-15A PERIOD(WHERE IT DOES NOT BELONG);AND,C)RESULTS IN A DOUBLE$2,461,588 ADJUSTMENT.
IF THE$2,461,588 IS SIMPLY ADDED TO LINE 1 AND A REQUEST IS MADE TO RETAIN IT FOR THE ROPS 13-14B REPORTING PERIOD WHERE
1T BELONGS,THE WORKSHEET ALLOWS THE RETENTION IN THE ROPS 13-14A PERIOD BUT THEN MOVES THE AMOUNTTO COLUMN F[WHERE IT
DOES NOT BELONG RATHER THAN TO LINE 7 JBEGINNING FUND BALANCE AT 1/1J14)IN COLUMN H. BELOW IS HOW WE BELIEVE COLUMN H
SHOULD READ:
I
Line 1: Beginning Cash Balance as of 7/1/13(see Footnote A below) 6,067,080
l-ine 2: Revenuelincome Actual 12/31 13 2,136,131
Line 3: Expenditures for ROPS 13-14A Enforceable Obligations [3,754,386)
Line 4: Retention of Available Fund Balance(12J31 13):[ROPS III PPA needed for ROPS 13-14B) 12,461,58
Line 5: ROPS 13-14A RPTTF Prior Period Adjustment(Cash to be Retained for ROPS 14-15A) j1,987,238)
Line 6: Ending Actual Available Cash Balance as of December 31,2013
Line 7: Beginning Fund Balance as of 1/1/14(see Footnote B below) 4,448,826
Line8: Revenue/Income 6 30 14 2,136,858
it-ine 9: Estimated Expenditures for 13-14B Enforceable Obligations [4,598,446)
[Line 10: Estimated Retention of Available Cash Balance[6J30J14)-ROPS 13-14A PPA needed for ROPS 14-15 (1,987,238)
Line 11: Estimated Ending Available Cash Balance as of June 30,2014 see Footnote B below
Footnote A:
BALANCE AS OF JULY 1 201_3 JHFORE ROPS dA DISiRl BUTIONI
Cash Required for ROPS II PPA Deducted by CAC from ROPS 13-14A Distribution CAC DISTRIBUTION 3,605,493.00
Sash Required for ROPS III PPA to be Duducted by CAC from ROPS 13-14B Distribution CAC DISTRIBUTION 2,461,587.00
Total Non-Admin RPTTF Balance Held By Successor Agency as of July 12013 $ 6,067,080.00
Footnote B:
JON-ADMIN RP.TTF BALANCE AS OF JANUARY 1 2014 BEFORE ROPS 13-14B DISTRIBUTION
Dash Re uired for BOPS III PPA Deducted by CAC from ROPS 13-14B Distribution CAC DISTRIBUTION 2,461,587.00
Cash Required for ROPS 13-14A PPA to be Duducted by CAC from ROPS 14-15A Distribution _ _ CAC DISTRIBUTION .1,987,238.00
_ Total Non-Ad min RPTTF Balance Held By Successor Agency as of Jan ua 1,2014 $ 4,448_825.00
THE CHANGES DISCUSSED ABOVE HAVE BEEN INCORPORATED INTO COLUMN H OF THE REPORT OF FUND BALANCES.
Recognized Obligation Payment Schedule 14-15A-Notes
July 1,2014 throw h December 31,2014
Item# Notes/Comments
FOOTNOTES TO ROPS 14-15A-ROPS DETAIL i
;JNE 3-CBD DOWNTOWN STADIUM AGREEMENT
CBD-Downtown Stadium Agreement:Line 3 of the Recognized Obligation Payment Schedule for ROPS III,ROPS 13-14A,AND BOPS 13-14B Downtown Stadium
Agreement.DOF has denied this enforceable obligation pursuant to letter dated December 18,2012;however,Successor Agency disagrees with this
determination.Listed below are the amounts requested for ROPS III and the amounts which would have been requested for ROP513-14A,13-14B and 14-SSA:
igmount requested for ROPS III: $140,473 Amount which would have been requested for ROPS 13-14A: $742.56
Amount which would have been requested for ROPS 13-148:$90,742.56 Amount which would have been requested for ROPS 14-15A: $742.56
LINE 11-CONVENTION CENTER-RADISSON HOTEL
Convention Center-Radisson Hotel:Line 8 of the Recognized Obligation Payment Schedule for ROPS III,ROPS 13-14A,AND ROPS 13-14B Radisson Hotel Notes 24$
25.DOF has denied this enforceable obligation pursuant to letter dated December 18,2012;however,the Successor Agency disagrees with this determination.
Listed below are the amounts requested for ROPS III and the amounts which would have been requested for ROPS 13-14A,13-14B,and 14-15A.
1lmount requested for ROPS III: $100,743 Amount which would have been requested for ROPS 13-14A: $742.56
Amount which would have been requested for ROPS 13-1413: $100,742.56 Amount which would have been requested for ROPS 14-15A:$742.56 i
FOOTNOTES TO ROPS 14-1SA-REPORT OF PRIOR PERIOD ADJUSTMENTS i
j=INE 16-COLUMN H-FULTON-L STREET PROJECT/OPA
'The Department of Finance approved the expenditure of$240,000 purusant to its June 27,2013 Other Funds DDR final determination letter to
Successor Agency.
FOOTNOTES TO ROPS 14-15A-RULING OF WRIT OF MANDATE AND COMPLAINT FOR DECLARATORY AND INJUNCTIVE RELIEF
The successor Agency to the Redevelopment Agency of the City of Fresno received a Ruling of Petition for Writ of Mandate and Complaint for
Declaratory and Injunctive Relief from the Superior Court of California,County of Sacramento on February 11,2014.This ruling gave the
Housing Successor to the Redevelopment Agency of the City of Fresno control over all Housing Assets,including$17,880,383 in cash;
consequently,the Successor Agency no longer has an obligation to report any activities of the Housing Successor. Because ROPS 14-15A was
prepared prior to receipt of the February 11,2014 Ruling,the Housing Successor activities were shown on ROPS 14-15A and remain for
Informational purposes only,
Recognized Obligation Payment Schedule(ROPS 14-15A)-Summary
Filed for the July 1,2014 through December 31,2014 Period
Name of Successor Agency: Fresno City
Name of County: Fresno
Current Period Requested Funding for Outstanding Debt or Obligation Six-Month Total
Enforceable Obligations Funded with Non-Redevelopment Property Tax Trust Fund(RPTTF)Funding
A Sources(B+C+D): $ 4.674,127
B Bond Proceeds Funding(ROPS Detail)
C Reserve Balance Funding(ROPS Detail) 4,674,127
D Other Funding(ROPS Detail) -
E Enforceable Obligations Funded with RPTTF Funding(F+G): $ 5,436,459
F Non-Administrative Costs(ROPS Detail) 5,186,459
G Administrative Costs(ROPS Detail) 250.000
H Current Period Enforceable Obligations(A+E): $ 10,110,586
Successor Agency Self-Reported Prior Period Adjustment to Current Period RPTTF Requested Funding
I Enforceable Obligations funded with RPTTF(E): 5,436,459
J Less Prior Period Adjustment(Report of Prior Period Adjustments Column S) (1,987,238)
K Adjusted Current Period RPTTF Requested Funding(I.J) $ 3,449,221
County Auditor Controller Reported Prior Period Adjustment to Current Period RPTTF Requested Funding
L Enforceable Obligations funded with RPTTF(E): 5,436.459
M Less Prior Period Adjustment(Report of Prior Period Adjustments Column AA) -
N Adjusted Current Period RPTTF Requested Funding(L-M) 5,435,459
Certification of Oversight Board Chairman:
Pursuant to Section 34177(m)of the Health and Safety code,I hereby
certify that the above is a true and accurate Recognized Obligation Nam,3 Title
Payment Schedule for the above named agency.
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Recognized Obligation Payment Schedule(ROPS)14-15A-ROPS Detail
July 1,2014 through December 31,2014
(Report Amounts in Whole Dollars)
A B c D E F G H I J K L M N O P
Funding Source
Non-Redevelopment Property Tax Trust Fund
RPTTF
ContracVAgresment Contract/Agreement Total Outstanding
11emF Pro m Name/Debt ObIl allon Obll atl Type
Flmardon Data Terelina0on Dsde Pavee Ceacr! t ScopeArea Debt orcibwtion Refired Bond Priaomda Rpeer/e Balance Olber F1sds NoroAdmin Admin Six-6Mnth Thal
$ 36.367.567 $ - S 4.674.127 S - $ S.IBGp59 $ 250.000 S 10.114.SB6
1 -I1 I mm'Jlnrfa5rr fl22l1o17 17l312074 kritfX Infrrstrlrctam ralalod io lire Area 869612 N i34 idt 5 43428i!
4 CSD-Hotel Fresno/OPA(4) OPA/DDAIConstruca 31/92011 fv3wo15 Hotel Fresno,LLC Housing-Rehabilitation/Affordable Central Business 1,984,164 N 24,721 5 24.721
on H D7suiR
$CBD-Property Baaed unprpvemeau Improve-antllnfrasU f242010 6124R675 County ofFmsro PBIOAsussmen[-CBO Area Portion Cenuu easiness 4D,764 N 2,750 5.141 5 7.942
CNa[rid PBIDI attune C)isMct
8 Central City-Apple Valbby Impravemendlnfrastr f/29P1011 $27e172014 Yamabe&Horn Complete planned infrastructure Central City 697.955 N 353,02Y $ 353,02T
Infrastructure(1) elclure Engineering,Apple Valley improvements related to expanded
Farms.Inc m-Ufa& deveJooment
9 Convention Center-Convention OPAIDDAConsfruc4 7111/2005 i11302016 To EW Determined Slie Ploparadon,mairdonenca, Corrrenlion Center 3.309.662 N 2,519,887 $ -L 519,887
Center Development-Old Armealm on fencing,property acquisition per
lfown LLC(5) relocation agreement(various
prop,rVes)
10 Cawentlon Center-Hitlodo Houses Litigation 7112009 112r312014 To Be Determined Relomllonlrestombon of historic Convention Center 321.714 N 137.027 $ 137.02?
10 houses
1t Convenion Center-Property Based I mprovemenf/InfrasU 151242010 en5/2015 County(A Fmno Pal)Ass s •Corey Ilan Cenlnr Com*nlinn Cari 2,4111 N 471 $ 471
nt Mtndl PBJD 7 ucture Arta Podion
12 Fwy 99/GS-Fultonla WesVOPA(1) OPA/DDA/Construcd 3/4/2011 121312014 TFS Investments.LLC Housing-Ownra'Panippation Fremeay 991GS 251,721 N 242.221 S 242,221
on a¢rrvmt
16 Fulton-L Street Project/OPA(1) OPA/DDA/Collseud 31912011 12/31/2014 FFDA Propefu",LLC HouwV-Owner Panaipation Fulton 252,361 N 252,361 S 252,351
an menf
17 Fulton-1612 Fuson 5ueevOPA OPArDDA.A. crud 3192011 121312014 FFDA Properties,LLC Housing-Owner Participation Fulton 7,D05 N 7.005 $ T005
an Ayneetnant
18Fulton-1608Broadway/OPA(3) OPA/DDA/ConsWcd 3/9/2011 12/312014 FFDA Properties,LLC Housing-Omler Panicipalion Futim 830,471 N 424,721 $ 424,721
on Awoment
10 Fulton-1836.16W B*oadwayMPA OPA]DDAConslmty;/92011 1213172014 FFDA Properties,LLC Housing-Ohm Panldpmion Fulton 969,976 N 494.721 $ 494.721
i an reammf
20 Fulton-Fulton&Calaveres/OPA(5)OPA/DDAConstructi 3/9/2011 '11130/2016 FFDA Properties,L1,G Hauseg-Owner Par cipatan Fu m 2.878.987 N 24,721 5 24,721
an nmmord
22 JeOer -CMC RegWrml Medkall OPA7DDyVCerphut9 7/1/1995 17121)16 CIVIC Agreement for CMC Regional Medical Jefferson 321,471 N 6,377 $ a377
Censer 21 en Center ffNNnsuon
24 Mariposa-2003 Mariposa Tax Rands Issued On or 11/112003 SY22023 Bane a1 Nov York lnfrnWuWI=projects Mariposa 4,008,855 N B6,B99 S B6,8%
Allocation Bands 4 Etef"e 12/31/10
25 Roedng-California ln1ri51E1>Cbxu Third-Party Loans EA32009 822U33 Califorilta lnfrastruuure 8 IMrast v1=rQ Iunprovanlratts in Roeding 2.414.610 N 94,132 $ 94.132
Bank Loan(3) Economic Development Roeding Business Park Project Area
Bank
27 SVN-Fwjxky Palk CrD15 OPAIOOA/Cansbudl 4027J1999 91MD31 Reimbursement regarding Foundry South Van Ness 1,189.102 N $
1 on Park infra6rru^Aure
30 Southwest Fresno GNRA and Bonds Issued On Cr 3/2/2001 1302018 Bank of New York BOWS Issued Id fef4 n0r,11041rq Southwest Fresno 4,093,832 N BU2,529 S Bo2,521f
Fmll/Church-2001 Merger 2 Tax Before 12131/10 pmjects in Southwest Fresno
Allo"bun Buda
31Sottilih lFrftm-EdisonPit=s11 OPACI)AConsvicil3/9/2011 271P2018 67rfcaFarmers Hwlirq-DOA-AffofdebfeHvaLhV Southwest Fresno 5,757, N 2,852,221 2,852.223
3 on
33 Property Maintenance(7) PropWay 57820118 B/302015 EOC Maintenance of Agency Owned AN 374786 N 95,190 S 95,198
MefllfHie11CQ E'r ies
34 Property Sale/Disposition of Agency Property Dispositions 2112012 13/30/2016 TBD Property sale,bile,closing, Jul 1,380,485 N 3481BBE 389.073 S 737.755
I'mperfies(8) maintenance,project cost,insurance,
Costar
35 Annual Disclosure/tax allocation Professional 8114001 ,J2/2023 Wildan Pinar".Sam of Costs for annual disclosure reports for Mariposa& N
t)onds(10) Services NY Mellon bonds-Moved to Administrative Southwest Fresno
Budget
36 CALPERS Lrn8Rlded and Employee ilydunded Lmbi hiss I VIM 00 12Af2m CALPERS,Emptoyees CALPERS unfunded amount and N/A 2,557,58E N 167,374 $ 167.374
Leave Payout(12) payouts of accrued leave to employees
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Recognized Obligation Payment Schedule 14-15A-Notes
July 1,2014 through December 31,2014
Item# Notes/Comments
FOOTNOTES TO ROPS 14-15A-REPORT OF CASH BALANCES
COLUMN E-DUE DILIGENCE REVIEW BALANCES RETAINED FOR APPROVED ENFORCEABLE OBLIGATIONS
11HOUSING SUCCESSOR RESERVES AS OF JANUARY 1 2013
2/1/12 Transfer from LMIHF to HousingSuccessor LMIHF DDR $ 312704.00
Less:Amount Paid to CAC pursuant to DOF's 1/11/13 Letter LMIHF DDR (168,354.00}
Amount Approved for Retention by DOF LMIHF DDR 144,350.00
2 Transfer from RDA Other Funds to Housing Successor OTHER DDR 17,567,681.00
Less:Amount Requested to be Paid to CAC by DOF pursuant to 6/27/13 Letter OTHER DDR (4,933,178.001
Amount Approved for Retention by DOF OTHER DDR 12,634,503.00
Plus:Amount from above held in Reserve pending Lawsuit Resolution OTHER DDR 4,933,178.00
Sub-Total Held by Housing Succesor From RDA Other Funds OTHER DDR 17,567,681.00
Sub-Total Held by Housing Successor from RDA Other and LMIHF Funds 17,712,031.00
Less: Housing Obligations Paid During 211/12-6/3 0112 of ROPS I Period approved by DOF OTHER DDR MEET&CONFER (74.758.07)
Less: Housing Obligations Paid During ROPS II Period approved by DOF OTHER DDR MEET&CONFER (2,230,365.25}
Total Reserves Held by HousIN Successor as of January 1.,2013 $ 15,406 907.68
'"UCCESSOR AGENCY RESERVES AS OF JANUARY 1 2013
Reserves Approved for Retention by DOF for ROPS III-Item#19 Facilities Lease OTHER DDR 38,250.00
Reserves Approved for Retention by DOF for ROPS III-Item#40 Due Diiligence Audit OTHER DDR 46,700.00
Amount A roved for Retention by DOF per Other DDR 84,950.00
Plus:Available Balance per Other DDR requested by DOF to be Paid to CAC per Letter
dated 6/27/13 which is being held in Reserves pencling Lawsuit Resolution OTHER DDR 3,187,256.00
Plus:$58,970 FMFC Receivable DOF requested Agency to pay to CAC per 6/27/13 Letter;
however,the Agency has no source of funds to pay this obligation. OTHER DDR
Total Reserves Held By Successor Agency as oflanuary 1„2013 $ 3,272,206.00
'TOTAL HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES AS OF JANUARY 1,2013 $ 1Li,679,113.68
EXPENDITURES FOR ROPS III FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES
Reserves Approved for Retention by DOF for ROPS III-Item#19 Facilities Lease OTHER DDR 38,250.00
Reserves Approved for Retention by DOF for ROPS III-Item#40 Due Diili ence Audit OTHER DDR 46,700.00
Housing Obligations Paid During the ROPS III Period 346,970.79
Total Expenditures for ROPS III Paid from Housing Successor and Successor Agency Reserves $ 431,920.79
RETENTION OF AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE AS OF 6/30/13 $ 18,247,192.89
LINE 1-HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES AS OF JULY 1,2013 $ 18,247,192.89
Recognized Obligation Payment Schedule 14-15A-Notes
July 1,2014 through December 31,2014
Item# Notes/Comments
(EXPENDITURES FOR ROPS 13-14A FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES
Housing Obligations Paid DurinZ the ROPS 13-14A period 255,407.67
LINE 3-TOTAL EXPENDITURES FOR ROPS 13-14A PAID FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES $ 255,407.67
I
LINE 4-RETENTION OF AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE AS OF 12/31/13 S 17,991,785.22
ESTIMATED EXPENDITURES FOR ROPS 13-14B FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES
Estimated Housirkg Obligations to be Paid During,the ROPS 13-14B Period 1 4,979,638.95
Line 9-Total Estimated Expenditures for ROPS 13-14B to be Paid from HousinZ Successor&Successor Agency Ageicy Reserves I S 4,979,638.95
f
LINE 10-RETENTION OF ESTIMATED AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE _
AS OF JUNE 30,2014 S 13,012,146.27
1:00TNOTES TO ROPS 14-15A-REPORT OF CASH BALANCES I
COLUMN G-OTHER FUND SOURCE-RENT,GRANTS,INTEREST,ETC.
f
7THER BALANCE AS OF JULY 1 2013
Amount Reported on ROPS 13-14B 226,255.55
LINE 1-OTHER CASH BALANCE AS OF JULY 1,2013 5 228,255.55
L7 ERR U INCOMIE RROM7 113 s
Project 09-CBD-Ace for Merchant Lot 10,779.33
Project 11-Conv Center-Ace for Van Ness/In o 3,886.37
Project 11-Conv Center-Pool Tables R Us 7,200.00
Project 35-SE Fresno Revit-Condoor Security Wrought Iron 3,600.00
Project 58-SW Fresno-Kearney Palms 61,346.00
Project 08-SW Fresno-EOC-Franklin School 12.00
Project T6-Sale of Prop-Fidelity National Title for CMC(Required by DDA 33,094.76
Project 00-Administration-Other Income 3,922.00
Project 00-Administration-Interest Income 670.91
Total Income From 7/ 13-12/31/13•Held by Successor Agency as of January 1,2014 124,511.31
Plus: Unspent ROPS II RPTTF Retained for Approved&Outstanding Enforceable obligations as of 1/1/13(see ROPS 13-14B) 18,038.31
Plus: Unspent ROPS II RPTTF Retained to Cash Flow EPA Grant Expenditures 1 12,709.32
Plus: Unspent Reserves approved for Retention bv DOF for ROPS III-Item#40 Due Diligence Audit(see ROPS 13-148) 4,200.0
Plus: ROPS 13-14A RPTTF Retained for Approved and OutstandiN Enforceable Obligations as of 12/31/13 17,728.59
Plus: Retention of Portion of Line 38-Administration RPTTF Drawn in ROPS 13-14A for ROPS 13-14B 210,062.00
LINE 2-TOTAL REVENUE/INCOME FROM 7 1J13-12 31113 $ 387,248.52
RETENTION OF AVAILABLE CASH BALANCE Actual 12/31/13)
Other Fund Balance as of 12/31/13 to be Retalned for DOF Approved ROPS 13-14B Expenditures 228 255.55)
Plus: ROPS 13-14A RPTTF Retained for Approved and Outstanding Enforceable Obligations as of 12131113 17 728A5 )
Plus: Retention of Portion of Line 38-Administration RPTTF Drawn in ROPS 13-14A for ROPS 13-14B i210,062.00
LINE 4-RETENTION OF AVAILABLE CASH BALANCE(ACTUAL 12/31113) $ 456,046.13
LINE 6-ENDING ACTUAL AVAILABLE CASH BALANCE AS OF 12/31/13 S 159,457.94
Recognized Obligation Payment Schedule 14-16A-Notes
July 1.2014 through December 31.2014
Item# Note dCamments i I
"Does not include income from EPA Grant or CMC Medical Office Building income which is used to offset applicable enforceable obligations
I
FOOTNOTES TO ROPS 14_-15A-REPORT OF CASH BALANCES ]
COLUMN H-NON-ADMIN RPTTF
THERE ARE PROBLEMS,AS DISCUSSED BELOW,WITH THE FORMULAS AND THE METHODOLOGY FOR THIS COLUMN.
THE WORKSHEET PROHIBITS ADMISSION OF FUNDS ON HAND FOR THE ROPS III PRIOR PERIOD ADIUSTMENTTHAT NEED TO BE
USED TO BALANCE THE ROPS 13-14B REPORTING PERIOD. IN OUR CASE,ROPS 13-14B WAS APPROVED FOR S4,598,446 OF OBLIGATIONS;
HOWEVER,THE CAC ONLY FUNDED$2,136 858 BECAUSE THE ROPS III PRIOR PERIOD ADJUSTMENT AMOUNTED TO$2,461,588. IF THIS
NUMBER IS REPORTED IN THE ROPS 13-14A RECONCILIATION ATTACHED:A)IT FALLSTOTHE BOTTOM LINE;B)BECOMESA PARTOFTHE
ADJUSTMENT FOR THIS ROPS 14-1SA PERIOD WHERE IT DOES NOT BELONG);AND,C)RESULTS IN A DOUBLE$2,461,588 ADJUSTMENT.
IF THE 52,461,589 IS SIMPLY ADDED TO LINE 1 AND A REQUEST IS MADE TO RETAIN IT FOR THE ROPS 13-14B REPORTING PERIOD WHERE
IT BELONGS,THE WORKSHEETALLOWS THE RETENTION IN THE ROPS 13-14A PERIOD BUTTHEN MOVES THE AMOUNTTO COLUMN F WHERE IT
DOES NOT BELONG RATHER THAN TO LINE 7(BEGINNING FUND BALANCE AT 1/1/14)IN COLUMN H. BELOW IS HOW WE BELIEVE COLUMN H
SHOULD READ:
Line 1: Beginning Cash Balance as of 7JIJ13(see Footnote A below] 6,067,080
Line2: RevenueJlncome Actual12131113 2,136,131
Line 3: Expenditures for ROPS 13-14A Enforceable Obligations 3,754,386
Line 4: Retention of Available Fund Balance 12/31J13: ROPS III PPA needed for ROPS 13-14B) (2,461,5871
Line 5: ROPS 13-14A RPTTF Prior Period Adjustment(Cash to be Retained for ROPS 14-15A) (1,987,23g
Line 6: Ending Actual Available Cash Balance as of December 31,2013
Line 7: Be innin Fund Balance as of 1/1/14 see Footnote B below 41449,826
Line 8: Revenue/Income 6/30/14 2,136,858
Line 9: Estimated E enditures for 13-14B Enforceable Obligations (4,598,4461
Line 10: Estimated Retention of Available Cash Balance(6/30/14)-ROPS 13-14A PPA needed for ROPS 14-15A) 1,987,2381
Line 11: Estimated Ending Available Cash Balance as of June 30 2014 Isee Footnote B below)
i
Footnote A:
N N-ADMIN RPTTF BALANCE AS OF JULY1 2013 BEFORE ROPS 13-14A DISTRIBUTION
Cash Required for ROPS II PPA Deducted by CAC from ROPS 13-14A Distribution CAC DISTRIBUTION 3,605 493.00
Cash Required for ROPS III PPA to be Duducted by CAC from ROPS 13-14B Distribution CAC DISTRIBUTION Z461587-00
Total Non-Admin RPTTF Balance Held By Successor A encV as of July 12013 $ 6,067,080.00
(Footnote B:
ON-ADMIN RPTTF BALANCE As OF JANUARY 1 2014 BEFORE ROPS 13-14B DISTRIBUTION
Lash Required for ROPS III PPA Deducted by CAC from ROPS 13-14B Distribution CAC DISTRIBUTION 2,461,587.00
Cash Required for ROPS 13-14A PPA to be Duducted by CAC from ROPS 14-15A Distribution CAC DISTRIBUTION 1,987,238.00
Total Non-Adman RPM Balance Held eV Successor Agency as of January 1,2014 _ $ 4,448,825.00
'THE CHANGES DISCUSSED ABOVE HAVE BEEN INCORPORATED INTO COLUMN H OF THE REPORT OF FUND BALANCES.
Recognized Obligation Payment Schedule 14-15A-Notes
July 1.2014 through December 31.2014
Item# Notes/Comments
FOOTNOTES TO ROPS 14-15A-ROPS DETAIL
LINE 3-CBD DOWNTOWN STADIUM AGREEMENT
CBD-Downtown Stadium Agreement:Line 3 of the Recognized Obligation Payment Schedule for ROPS III,ROPS 13-14A,AND ROPS 13-14B Downtown Stadium
Agreement.DOF has denied this enforceable obligation pursuant to letter dated December 18,2012;however,Successor Agency disagrees with this
determination.Listed below are the amounts requested for ROPS III and the amounts which would have been requested for ROPS 13-14A,13-14B and 14-SSA:
Amount requested for ROPS 111: $140,473 Amount which would have been requested for ROPS 13-14A: $742.56
Amount which would have been requested for ROPS 13-1413:$80,742.56 Amount which would have been requested for ROPS 14-SSA: $742.56
LINE 11-CONVENTION CENTER-RADISSON HOTEL
Convention Center-Radis50n Hotel:Line 8 of the Recognized Obligation Payment Schedule for ROPS III,ROPS 13-14A,AND ROPS 13-14B Radisson Hotel Notes 24&
25.DOF has denied this enforceable obligation pursuant to letter dated December 18,2012;however,the Successor Agency disagrees with this determination.
Listed below are the amounts requested for ROPS III and the amounts which would have been requested for ROPS 13-14A,13-14B,and 14-15A.
Amount requested for ROPS III: $100,743 Amount which would have been requested for ROPS 13-14A: $742.56
Amouglt which would have been requested for ROPS 13-1413: $100,742.56 Amount which would have been requested for ROPS 14-15A:$742.56
FOOTNOTES TO ROPS 14-15A-REPORT OF PRIOR PERIOD ADJUSTMENTS
COLUMN1 ON-LSTREET P OJE PA
'The Department of Finance approved the expenditure of$240,000 purusant to its June 27,2013 Other Funds DDR final determination letter to
Successor Agency.
FOOTNOTES TO ROPS 14-SSA-RULING OF WRIT OF MANDATE AND COMPLAINT FOR DECLARATORY AND INJUNCTIVE RELIEF
'The Successor Agency to the Redevelopment Agency of the City of Fresno received a Ruling of Petition for Writ of Mandate and Complaint for
Declaratory and Injunctive Relief from the Superior Court of California,County of Sacramento on February 11,2014.This ruling gave the
Nousing Successor to the Redevelopment Agency of the City of Fresno control over all Housing Assets,including$17,880,383 in cash;
consequently,the Successor Agency no longer has an obligation to report any activities of the Housing Successor. Because ROPS 14-15A was
prepared prior to receipt of the February 11,2014 Ruling,the Housing Successor activities were shown on ROPS 14-15A and remain for
Informational purposes only.
Recognized Obligation Payment Schedule(ROPS 14-15A)-Summary
Filed for the July 1,2014 through December31,2014 Period
Name of Successor Agency: Fresno City
Name of County: Fresno
Current Period Requested Funding for Outstanding Debt or Obligation _ Six-Month Total
Enforceable Obligations Funded with Non-Redevelopment Property Tax Trust Fund(RPTTF)Funding
A Sources(B+C+D): $ 4,674,127
B Bond Proceeds Funding(ROPS Detail) -
C Reserve Balance Funding(ROPS Detail) 4,674,127
D Other Funding(ROPS Detail) -
E Enforceable Obligations Funded with RPTTF Funding(F+G): $ 5,436,459
F Non-Administrative Costs(ROPS Detail) 6,186,459
G Administrative Costs(ROPS Detail) 250.000
H Current Period Enforceable Obligations(A+E): $ 10,110,586
Successor Agency Self-Reported Prior Period Adjustment to Current Period RPTTF Requested Funding
I Enforceable Obligations funded with RPTTF(E): 5.436,459
J Less Prior Period Adjustment(Report of Prior Period Adjustments Column S) (1,987,238)
K Adjusted Current Period RPTTF Requested Funding(l.l) $ 3,449,221
County Auditor Controller Reported Prior Period Adjustment to Current Period RPTTF Requested Funding
L Enforceable Obligations funded with RPTTF(E): 5.436,459
M Less Prior Period Adjustment(Report of Prior Period Adjustments Column AA)
N Adjusted Current Period RPTTF Requested Funding(L-M) 5,436,459
Certification of Oversight Board Chairman:
Pursuant to Section 34177(m)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 agency. /sI
Signature i)ata
Recognized Obligation Payment Schedule(ROPS)14-15A-Report of Cash Balances
(Report Amounts in Whole Dollars)
Pursuant to Health and Safety Code section 34177(I),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 obli ation.
A B C D E F G H I
Fund Sources
Bond Proceeds Reserve Balance Other RPTTF
Prior ROPS
RPTTF
Bonds Issued Bonds Issued Prior ROPS period distributed as Rent,
on or before on or after balances and DDR reserve for next Grants, Non-Admin and
Cash Balance Information by ROPS Period 12/31/10 01/01/11 balances retained bond payment Interest,Etc. I Admin I Comments
BOPS 13-14A Actuals 07101/13-12/31193
1 13eginning Available Cash Balance(Actual 07/01113)
Note that for the RPTTF,1+2 should tie to columns J and O in the Report
of Prior Period Adjustments(PPAs) 18.247.193 228.256 6.067,080
2 Revenue/Income(Actual 12131/13)
!Vote that the RPTTF amounts should tie to the ROPS 13-14A distribution
from the Coun Auditor-Controller during June 2013 387,249 2.136.131
3 for ROPS 13-14A Enforceable Obligations(Actual
[H_Xpenditures
12131113)
Note that for the RPTTF,3+4 should tie to columns L and Q in the Report 255,408 3.754,386
-1-1- - -[-
4 Retention of Available Cash Balance(Actual 12/31/13)
Note that the RPTTF amount should only include the retention of reserves
for debt service approved in ROPS 13-14A 17,991,785 456,046 2,461,587
5 ROPS 13-14A RPTTF Prior Period Adjustment
{Vote that the RPTTF amount should tie to column S in the Report of PPAs. No entry required
1,987.238
6 Ending Actual Available Cash Balance
1;toG=(1+2-3-4),H=(1+2-3-4-6) $ $ - $ 0 1$ $ 159,458 J $ 0
ROPS 13-14B Estimate 01/01/14-06130/14)
7 Beginning Available Cash Balance(Actual 01101/14)
(C,D,E,G=4+6,F=H4+F4+F6,and H=5+6) $ $ $ 17,991,785 $ $ 615,505 $ 4.448.826
8 Revenue/Income(Estimate 06/30114)
Note that the RPTTF amounts should tie to the ROPS 13-14B distribution
from the County Auditor-Controller during January 2014 2.136.858
9 Expenditures for 13-14B Enforceable Obligations(Estimate 06130114)
4,979.639 1 456,046 4,598,446
10 Retention of Available Cash Balance(Estimate 06/30114)
Note that the RPTTF amounts may include the retention of reserves for
debt service approved in ROPS 13-14B 13,012,146 1,987,238
11 Ending Estimated Available Cash Balance(7+g_g_70) $ $ 0 5 $ 159,458 $ 0
Recognized Obligation Payment Schedule(ROPS)14-15A-ROPS Detail
July 1,2014 through December 31,2014
(Report Amounts in Whole Dollars)
A B C D E F G H I 1 K L M N O P
Funding Source
Non-Redevelopment Property Tax Trust Fund
N-RPTTFI RPTTF
Contract/Agreement Contract/Agreement Total Outstanding
Item# Project Name I Debt Oblloatlon Obligation Type Exe"on Date Tarmirw5on Data Parime D n/Pro'ed S AMa Debt or Oblaalion Retired Bond Proceeds Reserve B4l Other Fulls Non•Admin Admio st"'Wnm T.dUl
S 3 667 S67 $ - 5 i 674.127 S S S.W.459 $ 250,000 S 10.110,S86
1 Ainm-ImlaC Ceyeloper rm royemermArdr a 71 2/31201 IMra4WGule n4ated to the All'n.w�ca 569$12. N 43<.2E1 S 434261
d CED-Howl FresrwlOPA(4) OPA/DDA)Congtry�.ti:v92011 EI/302015 Hotel Fresno LLC HWrs(ng-Reh9hidtaJanVA1}pdpgla Central Business 1,9E4,1 6r N 24,721 $ 24,727
on Him District
5 OBD-Property Based lmprovitment ImprovimmvInfmlr O/242010 fi2+12015 I'Enr��,,"....4'g"`A�pple
otyp} ram PBID Assessment-CBD Area Portion Central Business 40.764 N 2.75 5,191 S 7,942
bisirict PBID)51 urxure Dislrld
6Cemral City-Apple Valley IfrplC�rnenWilrastr 1292011 I12nI r2614 m Complete planned ln7rastructure Caldnl City 697,951, N 35s,0z7 5 353,027
Lnfrasirudure(1) ucture Valley Lnprovemenls related la expandetl
srms,7 raant Wu, development
MOM
9 Convention Center-rtmvenllvn OPAIDOAICormill8711112005 E4302016 To Be Determined Site Preparatio. marmenance, ConxellGpneww 3.30iii'm N a,579,667 $ 2,515,667
[:enter Development-Old Armenian on fencing,property acquisition per
Town LLC(5) relocation agreement(various
properties)
10 Cartvenbon Center-Historic Houses Litigation 7/1/2009 12/31/2014 To Be Determined Relocauon/restoration of historid Convention Center 321.714 N 137,1rR S 137,027
houses
11 Can.errdon CerNer•Property&xaad Impfo iutm MrGw1r EW242010 6/252015 County Of Fresno PBID Assessmem•CmNeffon Center Ganyandon Center 2,419 N 471 $ 471
rmentcvlt f8slrirt PBID udefa Area Plum
12Fwy99/GS-FullonlaWesvOPA(1) OPA=JVConsltudiE1/42o11 127312014 ITS investments,LLC Housing-Owner Parldpa8on Fteeway99/GS 251,721 N 242,221 S 242221
an Apreement
16 Fulton-L Street Project70PA(1) OPAtDDPJCord":v92011 l21312a14 I-FDA Properties,LLC Housing-Owner Participation Fulton 252,361 N 252,361 $ 252,361
on Agneenent
17 FWtm-1612 Futon StreeNDPA(2) OPA/DDA/Constructl:1192011 IIV31/2014 FFDA Properties,LLC Housing-Owner PariojmLon Fulton 7,D05 N 7,DD5 S 7,005
on Aareenwrt
1 F:ullon-160BBroadway/OPA(3) OPArDDAaCm[FUd.9192011 1=172U14 FFDA Properties,LLC Hduskg-Owner ParlfdpaSlorr Fullon 830,471 N 424,721 $ 424.721
an Agreemeni
19 Fulton-1636-15608roadwaylOPA OPA(DDAcorim ued-.V912011 12131/2014 FFDA Properties,LLC Housiry-Owner Parlippatw Fulton 969.976 N 494.721 S 494,721
4 onreenwtt
20 FrdIM•FiAm S Cals aslOPA(5)OPAIDDA/Construd 37912011 1113072016 FFDA Properties,LLC Housmg-Owlnrr(Par*pabon Fulton 2,376,987 N 24,721 $ 24,721
on AqoaWnWa
22 Jefferson-CMC Regional Medical OPA7DDAJCordtmc0771/1995 7I1/2016 CMC Agreement for CMC Regional Medical Jefferson 321,471 N 6977 $ 6,377
Canter on C.,iler an-dm
24 Manposa-2003 Mariposa Tex Bonds Issued On or 0112003 2M2023 Bank of New York In(rw1ructure projects Medpesa 4,008.855 N 86,890 $ 86.8911
FJlocalion Bonds 4) Sabre 1031110
25111oedmg-C81"ifomle InlWhT clua 1Tkd-PsrtyLoans &1r.'W9 EnrW3 California IMralanuawnS InNaswchxe impivvemeMs In R-Cing 2,414,610 N X132 S 94,132
Bank Loan(3) Economic Development Roeding Business Park Project Area
Bank
27 SVN-Foundry Park CFD#5 OPAIDDA/Conslrucll 1022/1999 W1/2031 nu Reimbursement regarding Foundry South Van Ness 1,189.102 N $
Developer Agreement JZ1 tin Park irdrasbuctvre
30 Southwest Fresno GNRA and SDndd issued On ar 3722D01 111212018 Bank of New York Bonds"MdW fur<MrrMming Sauirr'xeist Fresno 4.093,832 N 802,525l S 802,52d
FruiuChurch-2001 Merger 2 Tax Before 12/31/10 propels in Southwest Fresno
Allocation Bonds(2
31 Southwest Fresno-Edison RazaB OPA/DDA/Construc88/972011 22872016 Edison Partners HouskV-DOA-Wfordable Houuuq S oue)WeSL Frosrw 5,757,925 N 2,852.221 2,852,221
9 on
33 Property nlairdanam:e(2) Property !i/8/2008 13/30/2015 EOC Maintenance of Agency Owned INI 374.285 N 95,190 $ 95.190
Maintenance Pr ertfea
34 PropeftySalel@sposXori of A90W Property Dispositions 2Yl=12 81302016 780 Property sale,v8e,dosing, Ail 1,38D,485 N 348,BB2 389,D73 S 737,75E
Properties(8) maintenance,project cost,insurance,
Costar
35 AMLL41 1113dowratuix aa=lion Professional Ed1/2001 IJ2/2023 Milian F1n4npol.Banc of Costs for annual disclosure reports for Mariposa 8 N
bonds(10) Services 14Y Mellon bonds-Moved to Administrative sotmW ei Fresno
Sodpt
36 CALIPERS Unfunded and F1rgHoyeo UMundrd tlab19614 T11T2000 121=2023 C.ALPERS,F•mptvyan CALPERS unhided arna.-A all NIA 2,557,588 N 167,374 $ 167.374
Leave Payout(12) payouts of accrued leave to employees
Recognized Obligation Payment Schedule(ROPS)14-15A-ROPS Detail
July 1,2014 through December 31,2014
(Report Amounts In Whole Dollars)
A B C D E F G H I J K L PO N O P
FundIrw SoLom
Non-Redevelopment Property Tax Trust Fund
MwRATTF RPTTF
Contract/Agreement Contract Agreement Total Outalandl g
Ilem=tP"clme IDek OW -on Obligation Type Execa9—Date Termination Date Payee 9eacri PrOKt Area Debtor ONiadon RMrrad Bord Pruttds Reserve Boluloe Other Funds Nno-Admin Admin Sad,tanln TDI2l
3T EPA GrmI(13)-Reimiassameft Professional 15/25/2012 1111/2015 TBD BmwdkWs 90.000 N 45,00 $ 45,000
otfsel costs S"woes
38 SoccaesorAgency Adn inlsWtile Admfn Costs 7/1/2014 B/302015 1FBD Administration. N/A 25Dp00 N Z50,DD0 $ 250,000
!l• 1 O aNanslfAninkrunoe
39 Facilities Lease Admio Calla 7r12612 Br3�R013 Banen Nwanstme LP Feowes Le"d IV/A N
40 Due OJ'eoee IAyAl DissoEuuon Audits 1 W-0 Car30R014 Pfite CPA Stale uked Ow Ddl Auditt INIA Y
41 Audit Professional 7112014 IZQIIM14 CPAs-Medal Gino.Kul" Required Annual FY Audit 50,000 N SD,I)DO $ 55,711
Services
S
RaceW—Obllpa0on Payrmnl—dule(ROPS)1441a,-R¢ of Pna Penod Adjuakmnls
Repdetl ter the ROPS 1—A(July 1,—Prouyh December w�31,3013)n w�Period Punwnt W Haallh and Safety Code(HSC)aaiba N1S0{A) II
a.rr "- - is DPS 1}taA CAC PPA:To be c,n -dbvW CAC upon auMrvtlal of Ne ROP51615 Whe SAlD Rna—d
ROPE 134"Su 11—Apancy(SAI Salftapalad MI Paded Adjuallmrda(PPAJ:P—uml to MSC Sacllon MM(a). are rpuind to repel the dllfe asb aud,lMk.c ...leabee F-4 alM I—dual aapaMdu a fur he BOPS 1314A(July lhm h December 3013)audo Tlleamounlo 11 CAC NOYWICAGWIneatl loenta Neirom lomula¢al Ne Mne llem bwl punuanl to Ne mannerm MiN lhry
RaMwl¢plmnl PmpMTaxTwIFUM(RPI'fFl appmvWfw Ne ROP51b15A(July Nmugh Daairber2014)prlotl allMolfael4j Ne SA'¢aelkeponed ROP51314A priarpnotl atljualmenL M5C 5erlion NlSe(a)al¢o apaifea lhalNa pliapeliod equaOmnla wlprtpned by 50.•aro aubJep loaudil by :dculeb Ne PPA AW note teal M.a,l a.—u.do nut ne,I lialedalNalimibmlewlalbmaybenl—
L�/W JaYCs
lh Fwaedleu.a RPTTF SxuMINwa RPl'FFP •arL—
ae an N era Idleac Aam
Frry¢a•rN
Rawe�slM
TwNr�f {Iwni aaer
eedI rt �Lw
mw Rrn•nun
cnancm-�, rfa i✓i n r 1
•a�eO_ _
mhwa.Y�a
- a.WiW a H.
a—1 4Of wee
rvaemmw
• • ng4l � r
w Clop
1'a�a1
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a•paulelMaal
ee,wl pqr a 11
p M tlda tl]Y a
�Fovery Pw -
raWama�
IYN�S Ui�-
Revopnlua Obp.mr•i�rr�n s.`.1uM R+cP/114.s!/�-Reporlmpdor pedva AaiV•urnm.
eepoMd br Ne ROP61114A(July 1.105]Iev�MrOr:auJ Svrew to Heats elq S•Ivy Cane(H6G)section 341�p)
M,ni&} ="p .eM..VeledbJIMCACYPoneubmidelallbe ROP61416Aby Me6AWFnenwend
p17ld!}yµ>wspppeF1'Agency(SA)fiellieportetl Paor Period AdfeeMlenle lPPAIPunwnlWHfiCSxvon 111l61e),SN em mquved le npMNe afltlApr<aLetxeMman enuLevMetm Midrip mONeq acwd eryNmim�eilefTre ROIg S!•1M�.M(firv+yn'Je'_a14at LE11)7eN.d.its�wrMK WCA^eAyPpeIC2.er1el uM:bGele'14i'sunJanvuWLINJ�KWm.yyelrypuyylpyynweers VOVn1Mr
IIMoJCprner plppery'fex Trvel FYM(R F)eppoved la Me ROP614AM(JWy llnaagb Oecember 2014)p—V611M o115el by Ne SA'eeellfepoded ROP612 Wpior perod WI—M.H..edon.186(a)alsa apeufiee Mel lbepdm period edide0nn1.eelCrtpoaed bySNero subixlto eudll by NYM ft"k AbadOF Mle•>yM_a rol tied Wee WlvdpleM M�Knleedugae.ana
tti>rr
FfpnJlplTF 1h Ex nd-
W Derr Ffe
py�elue e. �V••e r.
leoas Yt•A I6ovp— ••��wel
H•w'•e�r p��wrti •�
•e IF•v4 ern Ms a sed• z• w
•mipew=r
�m rm 1m, m E,vel 1].te1
F•wnr••wh
Recognized Obligation Payment Schedule 14-15A-Notes
July 1,2014 through December 31.2014
Item# NotesJComments
FOOTNOTES TO ROPS 14-1SA-REPORT OF CASH BALANCES
COLUMN E-DUE DILIGENCE REVIEW BALANCES RETAINED FOR APPROVED ENFORCEABLE OBLIGATIONS
14OUSING SUCCESSOR RESERVES AS OF JANUARY 1 2013
211/12 Transfer from LMIHF to Housing Successor LMIHF DDR $ 312,704.00
Less:Amount Paid to CAC pursuant to DOF's 1/11/13 Letter LMIHF DDR (168,354.00)
Amount A proved for Retention by DOF LMIHF DDR 144,350.00
2/1/12 Transfer from RDA Other Funds to Housing Successor OTHER DDR 17,567,681.00
Less:Amount Requested to be Paid to CAC by DOF pursuant to 6/27/13 Letter OTHER DDR (4,933,178.00)
Amount Approved for Retention by DOF OTHER DDR 12,634,503.00
Plus:Amount from above held in Reserve pending Lawsuit Resolution OTHER DDR 4,933,178.00
Sub-Total Held by Housing Succesor From RDA Other Funds OTHER DDR 17,567,681.00
Sub-Total Held by Housing Successor from RDA Other and LMIHF Funds 17,712,031.00
Less:Housing Obligations Paid During 2JI112-6130J12 of ROPS I Period approved by DOF OTHER DDR MEET&CONFER 174,758.071
Less: Housing Obligations Paid During ROPS II Period approved by DOF OTHER DDR MEET&CONFER �,230,365.251
Total Reserves Held byklousingSuccessojr as of JanuarVI,2013 $ 15 406 907.68
SUCCESSOR AGENCY RESERVES AS OF JANUARY 1 2013
Reserves Approved for Retention by DOF for ROPS III-Item#19 Facilities Lease OTHER DDR 38,250.00
Reserves Approved for Retention by DOF for ROPS III-Item#40 Due Diiligence Audit OTHER DDR 46,700.00
Amount Approved for Retention by DOF per Other DDR 84,950.00
Plus:Available Balance per Other DDR requested by DOF to be Paid to CAC per Letter
dated 6J27J13 which is being held in Reserves pending Lawsuit Resolution OTHER DDR 3,187,256.00
F'lus:$58,970 FMFC Receivable DOF requested Agency to pay to CAC per 6/27/13 Letter;
however,the Agency has no source of funds to pay this obligation. OTHER DDR
Total Reserves Held By Successor Agency as of January 1,2013 $ 3,272,206.00
TOTAL HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES AS OF JANUARY 1,2013 $ 19,679.113,69
1_XPENDITURES FOR ROPS III FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES
Reserves Approved for Retention by DOF for ROPS III-Item#19 Facilities Lease OTHER DDR 38,250.00
Reserves Approved for Retention by DOF for BOPS III-Item#40 Due DiN ence Audit OTHER DDR 46.700.00
Housing Obligations Paid During the ROPS III Period 346,970.79
Total Expenditures for BOPS III Paid from Housing Successor and Successor Agency Reserves S 431,920.79
RETENTION OF AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE AS OF 6/30/13 $ 18,247 192.99
LINE 1-HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES AS OF JULY 1,2013 $ 1%247,192.89
Recognized Obligation Payment Schedule 14-15A-Notes
July 1.2014 through December 31,2014
Item# Notes/Comments
EXPENDITURES FOR ROPS 13-14A FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES
Housing Obligations Paid During the ROPS 13-14A period 255,407.67
LINE 3-TOTAL EXPENDITURES FOR ROPS 13-14A PAID FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES $ 255,407.67
LINE 4-RETENTION OF AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE AS OF 12/31/13 $ 17,991,785.22
ESTIMATED EXPENDITURES FOR ROPS 13-14B FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES
Estimated Housing Obligations to be Paid During the ROPS 13-14B Period 1 4,979 638.95
Line 9-Total Estimated Expenditures for ROPS 13-14H to be Paid from Housing Successor&Successor Agency Reserves $ 4,979,638.95
LINE 10-RETENTION OF ESTIMATED AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE
AS OF JUNE 30,2014 S 13,012,146.27
FOOTNOTES TO ROPS 14-15A-REPORT OF CASH BALANCES
COLUMN G-OTHER FUND SOURCE-RENT,GRANTS,INTEREST,ETC.
(
�43THER BALANCE AS OF JULY 1 2013
Amount Reported on ROPS 13-14B 228,255.55
LINE 1-OTHER CASH BALANCE AS OF JULY 1„2013 S 228 255.55
OT ECQUE F 1
Project 09-CBD-Ace for Merchant Lot 10,779.33
Project 11-Conv Center-Ace for Van Nessfln o 3,886.37
Project 11-Conv Center-Pool Tables R Us 7,200.00
Project 35-SE Fresno Revit-Condoor Security Wrought Iron 3,600.00
Proect58-SW Fresno-Kearne Palms 61,346.00
I' jroect 08-$W Fresno-EOC-Franklin School 12.00
(Project T6-Sale of Prop-Fidelity National Title for CIVIC(Required by DDA) 33,094.70
Project 00-Administration-Other Income 3,922.00
Project 00-Administration-Interest Income 670.91
Total Income From 7/1/13-12/31/13•Held by Successor Agency as of January 1,2014 1 124,511.31
Plus: Uns ent ROPS It RPTTF Retained for Approved&Outstanding Enforceable Obligations as of 1/1/13(see ROPS 13-14B) 18,038.31
Plus: Unspent ROPS II RPTTF Retained to Cash Flow EPA Grant Expenditures 1 12,708.32
Plus: Unspent Reserves approved for Retention by DOF for ROPS III-Item#40 Due Diligence Audit(see ROPS 13-14B) 4,200.00
Plus: ROPS 13-14A RPTTF Retained for Approved and Outstanding Enforceable Obligations as of 12/31113 17,728.58
Plus: Retention of Portion of Line 38-Administration RPTTF Drawn in ROPS 13-14A for BOPS 13-14B 210,062.00
LINE 2-TOTAL REVENUE/INCOME FROM 711113-12131123 $ 387248.52
RETENTIONCIFAVAILABLE LASH BALA CE dual 12 31 13
Other Fund Balance as of 12/31/13 to be Retained for DOF Approved ROPS 13-14B Expenditures (228,255,55
Plus: ROPS 13-14A RPTTF Retained for Approved and Outstandin Enforceable Obligations as of 12/31/13 17,728.58
Plus:Retention of Portion of Line 38-Administration RPTTF Drawn in ROPS 13-14A for ROPS 13-14B 210,062,00
LINE 4-RETENTION OF AVAILABLE CASH BALANCE(ACTUAL 12/31/13) $ 1456,046.13
LINE 6-ENDING ACTUAL AVAILABLE CASH BALANCE AS OF 12/31/13 $ 159,457.94
Recognized Obligation Payment Schedule 14-1SA-Notes
July 1.2014 throuah December 31.2014
Item# NoteslComments
•Does not include income from EPA Grant or CIVIC Medical Office Building income which Is used to offset ap2licable enforceable obligations
I
FOOTNOTES TO ROPS 14-1SA-REPORT OF CASH BALANCES
COLUMN H-NON-ADMIN RPTTF
I
THERE ARE PROBLEMS.AS DISCUSSED BELOW,WITH THE FORMULAS AND THE METHODOLOGY FOR THIS COLUMN.
JFHE WORKSHEET PROHIBITS ADMISSION OF FUNDS ON HAND FOR THE ROPS III PRIOR PERIOD ADJUSTMENTTHAT NEED TO BE
USED TO BALANCE THE ROPS 13-14B REPORTING PERIOD. IN OUR CASE,ROPS 13-14B WAS APPROVED FOR 54,598,446 OF OBLIGATIONS;
HOWEVER,THE CAC ONLY FUNDED$2,136 858 BECAUSE THE ROPS III PRIOR PERIOD ADJUSTMENT AMOUNTED TO$2,461,598. IFTHIS
NUMBER 15 REPORTED IN THE ROPS 13-14A RECONCILIATION ATTACHED:A)IT FALLS TO THE BOTTOM LINE;B BECOMES A PARTOFTHE
ADJUSTMENT FOR THIS ROPS 14-15A PERIOD WHERE IT DOES NOT BELONG);AND,C RESULTS IN A DOUBLE$2,461,588 ADJUSTMENT.
IF THE$2,461,588 IS SIMPLY ADDED TO LINE 1 AND A REQUEST IS MADE TO RETAIN IT FOR THE ROPS 13-14B REPORTING PERIOD WHERE
IT BELONGS,THE WORKSHEET ALLOWS THE RETENTION IN THE ROPS 13-14A PERIOD BUT THEN MOVES THE AMOUNT TO COLUMN F(WHERE IT
DOES NOT BELONG)RATHER THAN TO LINE 7(BEGINNING FUND BALANCE AT 1/1/14)IN COLUMN H. BELOW IS HOW WE BELIEVE COLUMN H
SHOULD READ:
Line 1: Be innin Cash Balance as of 7 1/13(see Footnote A below 6,067,080
Line 2: Revenue/Income(Actual 12J31,/13) 2,136,131
Line 3: Expenditures for ROPS 13-14A Enforceable Obligations (3,754,386)
Line 4: Retention of Available Fund Balance 112J31113):(ROPS III PPA needed for ROPS 13-1413) 12,461,58
Line 5: ROPS 13-14A RPTTF Prior Period Adjustment(Cash to be Retained for ROPS 14-15A) (1,987,238)
Line 6: Ending Actual Available Cash Balance as of December 31,2013 -
Line 7: Beginning Fund Balance as of 1/1/14(see Footnote B below) 4,448,826
Line 8: Revenue Income 6 30 14 2,136,858
line 9: Estimated Expenditures for 13-14B Enforceable Obligations (4,598,446
Line 10: Estimated Retention of Available Cash Balance 16130/14)-ROPS 13-14A PPA needed for ROPS 14-15A) 1,987 238
Line 11: Estimated Ending Available Cash Balance as of June 30,2014(see Footnote B below)
Footnote A:
VON-ADMIN RPTTF BALANCE AS OF JULY 1,2013_(BEFORE ROPS 13-14A DISTRIBUTION
Cash Required for ROPS II PPA Deducted by CAC from ROPS 13-14A Distribution CAC DISTRIBUTION 3,605,493.00
Cash Required for ROPS III PPA to be Duducted by CAC from ROPS 13-14B Distribution CAC DISTRIBUTION 2,461,587.00
Total Non-Admin RPTTF Balance Held By Successor Agency as of July 12013 $ 6,067,080.00
Footnote B:
V N-AD I P F B J N A V (BEFORE ROPS 3-14B DI TRIBUTION
Cash R292ired for ROPS III PPA Deducted by CAC from ROPS 13-14B Distribution f CAC DISTRIBUTION 2,461,587.00
[.ash Required for ROPS 13-14A PPA to be Duducted by CAC from ROPS 14-15A Distribution ) CAC DISTRIBUTION 1,987,238.00
'Total Non-Admin RPTTF Balance Held By Successor Agency as of January 1,2014 $ 4,448,825.00
��THE CHANGES DISCUSSED ABOVE HAVE BEEN INCORPORATED INTO COLUMN H OF THE REPORT OF FUND BALANCES.
Recognized Obligation Payment Schedule 14-15A-Notes
July 1,2014 through December 31,2014
Item# I Notes/Comments
I
IOOTNOTES TO ROPS 14-15A-ROPS DETAIL
N AGREE EN
CBD-Downtown Stadium Agreement:Line 3 of the Recognized Obligation Payment Schedule For ROPS III,ROPS 13-14A,AND ROPS 13-14B Downtown Stadium
Agreement.DOF has denied this enforceable obligation pursuant to letter dated December 18,2012;however,Successor Agency disagrees with this
determination.Listed below are the amounts requested for BOPS III and the amounts which would have been requested for ROPS 13-14A,13-14B and 14-15A:
Amount requested for ROPS III: $140,473 Amount which would have been requested for ROP513-14A: $742.56
Amount which would have been requested for BOPS 13-14B:$90,742.56 Amount which would have been requested for BOPS 14-15A: $742.56
(LINE 11-CONVENTION CENTER-RADISSON HOTEL
Convention Center-Radisson Hotel:Line 8 of the Recognized Obligation Payment Schedule for ROPS III,ROPS 13-14A,AND BOPS 13-14B Radisson Hotel Notes 24&
25.DOF has denied this enforceable obligation pursuant to letter dated December 18,2012;however,the Successor Agency disagrees with this determination.
Listed below are the amounts requested for ROPS III and the amounts which would have been requested for ROPS 13-14A,13-148,and 14-15A.
.Amount requested for ROPS III: $100,743 Amount which would have been requested for ROPS 13-14A: $742.56
Amount which would have been requested for ROPS 13-1413: $100,742.56 Amount which would have been requested for ROPS 14-15A:$742.56
FOOTNOTES TO ROPS 14-1SA-REPORT OF PRIOR PERIOD ADJUSTMENTS I
COLUMN n-F 1 T PROJECT
lfhe Department of Finance approved the expenditure of$240,000 purusant to its June 27,2013 Other Funds DDR final determination letter to
Successor Agency.
FOOTNOTES TO ROPS 14-15A-RULING OF WRIT OF MANDATE AND COMPLAINT FOR DECLARATORY AND INJUNCTIVE RELEF
The Successor Agency to the Redevelopment Agency of the City of Fresno received a Ruling of Petition for Writ of Mandate and Complaint for
Declaratory and Injunctive Relief from the Superior Court of California,County of Sacramento on February 11,2014.This ruling gave the
(Housing Successor to the Redevelopment Agency of the City of Fresno control over all Housing Assets,including$17,880,383 in cash;
Consequently,the Successor Agency no longer has an obligation to report any activities of the Housing Successor. Because ROPS 14-15A was
(prepared prior to receipt of the February 11,2014 Ruling,the Housing Successor activities were shown on ROPS 14-15A and remain for
Informational purposes only.
Recognized Obligation Payment Schedule(ROPS 14-15A)-Summary
Filed for the July 1,2014 through December 31,2014 Period
Name of Successor Agency: Fresno City
Name of County: Fresno
Current Period Requested Funding for Outstanding Debt or Obligation Six-Month Total
Enforceable Obligations Funded with Non-Redevelopment Property Tax Trust Fund(RPTTF)Funding
A Sources(B+C+D): $ 4,674,127
B Bond Proceeds Funding(ROPS Detail) -
C Reserve Balance Funding(ROPS Detail) 4,674,127
D Other Funding(ROPS Detail) -
E Enforceable Obligations Funded with RPTTF Funding(F+G): $ 5,436,459
F Non-Administrative Costs(ROPS Detail) 5,186,459
G Administrative Costs(ROPS Detail) 250,000
H Current Period Enforceable Obligations(A+E): $ 10,110,586
Successor Agency Self-Reported Prior Period Adjustment to Current Period RPTTF Requested Funding
I Enforceable Obligations funded with RPTTF(E): 5.436,459
J Less Prior Period Adjustment(Report of Prior Period Adjustments Column S) (1,987,238)
K Adjusted Current Period RPTTF Requested Funding(I-J) $ 3,449,221
County Auditor Controller Reported Prior Period Adjustment to Current Period RPTTF Requested Funding
L Enforceable Obligations funded with RPTTF(E): 5,436,459
M Less Prior Period Adjustment(Report of Prior Period Adjustments Column AA)
N Adjusted Current Period RPTTF Requested Funding(L-M) 5,436,459
Certification of Oversight Board Chairman:
Pursuant to Section 34177(m)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 agency.
Signature Date
Recognized Obligation Payment Schedule(ROPS)14-15A-Report of Cash Balances
(Report Amounts in Whole Dollars)
Pursuant to Health and Safety Code section 34177(I),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.
A B C D E F G H I
Fund Sources
Bond Proceeds Reserve Balance Other RPTTF
Prior ROPS
RPTTF
Bonds Issued Bonds Issued Prior ROPS period distributed as Rent,
on or before on or after balances and DDR reserve for next Grants, Non-Admin and
Cash Balance Information by ROPS Period 1 12/31/10 01/01/11 1 balances retained bond payment I Interest.Etc. I Admin I Comments
BOPS 13-14A Actuals 0710111 3-1 2131113
1 Beginning Available Cash Balance(Actual 07101113)
!Vote that for the RPTTF,1+2 should tie to columns J and O in the Report
of Prior Period Adjustments PPAs 18.247,193 228.256 6.067,080
2 Revenue/Income(Actual 12/31113)
Note that the RPTTF amounts should tie to the ROPS 13-14A distribution
from the Coun Auditor-Controller during June 2013 387,249 2.136.131
3 Expenditures for ROPS 13-14A Enforceable Obligations(Actual
'12131113)
Note that for the RPTTF,3+4 should tie to columns L and Q in the Report 255.408 3.754.386
4 Retention of Available Cash Balance(Actual 12/31113)
Note that the RPTTF amount should only include the retention of reserves
for debt service approved in ROPS 13-14A 17.991.785 456.046 2.461.587
5 ROPS 13-14A RPTTF Prior Period Adjustment
Note that the RPTTF amount should tie to column S in the Report of PPAs. No entry required
1,987,238
6 Ending Actual Available Cash Balance
S;to G=(1+2-3-4),H=(1+2-3-4-5) $ $ _ 0 § $ 159,458 $ 0
ROPS 13-14B Estimate(01/01114-06130114
7 113eginning Available Cash Balance(Actual 01101/14)
(C,D,E,G=4+6,F=H4+F4+F6,and H=5+6) $ $ _ $ 17,991.785 $ $ 616,605 $ 4A48,826
8 1 Revenue/income(Estimate 06130114)
Note that the RPTTF amounts should tie to the ROPS 13-14B distribution
from the County Auditor-Controller during January 2014 2,136,858
9 Expenditures for 13-14B Enforceable Obligations(Estimate 06/30114)
4,979.639 1 456.046 1 4.598,446
10 Retention of Available Cash Balance(Estimate 06/30114)
Note that the RPTTF amounts may include the retention of reserves for
debt service approved in ROPS 13-14B 13.012,146 1,987.238
11 Ending Estimated Available Cash Balance(7+8_9-10) $ $ $ 0 $ $ 159,458 1 $ 0
Recognized Obligation Payment Schedule(ROPS)14-15A-ROPS Detail
July 1,2014 through December 31,2014
(Report Amounts in Whole Dollars)
A B C D E F G H I J K L M N O P
Fondino Source
Non-Redevelopment Property Tax Trust Fund
Nan,RPTTF RPTTF
Comract/Agreement Contract/Agreement Total Outstanding
Item 4 Projeal Name I Debt Obligation aBmn Type E4 imiIiD I Dols I Tearri ladm Dale Pa ee Descrio0on/Pro'ect Scope Area Debi orcti6flavan Re0rexl Bond P'acasds Resmrve Role rce Otherfui4 Non-Adinln Admin Sls•Moruh Total
$ 36,367$aT 5 $ 4,B7�427 S $ i.tfJE♦_rty9 $ 250"900 s +o"1,a"5s5
1 1m memAniraslr 6?72011 1213sr.014 tmrec kdlastructure misted iv min Area 569.16112 N I e3s.281E S 43q.281
4 M. -Hotel Fresno7OPA(4) OPAJDDA Construed 3/92011 _ 40012015 Holol Fresno,LLC Housing-RsitaNgWtkvVAifordatl7m Central Business 1,984,164 • N 24,721 $ 24.721
on
I-i usin LUS1dCt
5 CBS-Property Based lmpro"merd lmprovemenulnfrasb fi/24/2010 Cu242015 County of Fresno PSiDAssessmm!-CeDAma Pvrdon Central Business 40,754 N Z750 4191 S 7.942
Drama PBID uclum Oistdcl
6 Central City-Apple Valley Improvemenlnnlmslr 1I,29I,'L611 IM11 f)14 Yamabe&HOM Complete planned Infrastructure Central City 697,955 N .353.027 $ 353,02�1
kltrasWcture(1) licture Engineering,Apple Valley Improvements related to expanded
Fem15.tric. manutmaurin developilen[
9 Conventon CerW-Cmmw*on OPAIDDA/Canshm:5 37112005 OI302016 To Bin De4ertnBled Site Preparation,maintenance, Conventlan Center 3.309.662 N 2.519.881 5 2.519,887
Center Development-Old Armenian on fencing,property acquisition per
Town LLC(5) relocation agreement(various
propeds.)
10 Com mfmon Center-kf,; dC FOAM tidgation 7712009 12/31/2014 1fo Be tle[xrmrlletl f2elocationlrestoralion of historic Convention Center 321.714 N 137.027 $ 137,027
16� tuwses
1 1 Convention Center-Property Based ImprovemenVlnfraslr EV242010 6/25/2015 County Of Fresno PSI Assessment-CorrvarLmn Cmxr Convention Center 2,414 N 471 $ 471
Improvement
District PBIDI ucture Area Pertimrl
12 PM 90'GS-Fukenla WasKIPA(1) OPA100ACoestrued 3142911 1213172014 TFS irlveeananLs,LLC Housing-Owner Parddpaticn Fnmway 99/GS 251.721 N 242.221 $ 242,221
p-) f e-ment
16 Fulim-L Street ProjecVOPA(1) OPA/DDAIConstruc8:V912011 1031/2014 FFDA Properties,LLC Housing-Ortiller Particlpabmn Fulton 252,381 N 252,361 $ 252,361
on Agmarment
17Fudmn-1612 Fulton Str6aVOPA(2) OPAIDDA7Conshu[ J119/2011 12/312014l FFDA Properties,LLC Housing-Owner Par+icipalimn Fulton 7,005 N 7,005 $ 7,005
art Agraemad
1B FtAen-1608 Broadway/OPA(3) - DPA/DDA/Construc8 1119/2011 112/312014 FFDA Properties,LLC Housing-Oyler PaniGWllmn Felton 830,471 N 424,721 S 424,Tn
cvI Aweemeat
isFt►1on-1636.1 Gild 0roDltwayrOPA OPAIDDA/Construcd 209/2011 127312014 M- AProperfies,LLC Housing-OwnerPartldpalion Fulton 969,976 N 494,72t $ 494.721
4 inn Aqrsernant
20 Fullmn-Fulton&Calaveras/OPA(5) OPAIDDAlConstruuti:II912011 11/3012018 FFDA Properties,LLC housing-Owner Panidpolion F11[on 2,375,987 N 24,721 S 24,72f
[vI A aemont
22 Jetferson-CMC Reg,„-,MM0W1 OPAA)DAICMIrWI 7'71JI995 :%1/2016 CMC Agreement for CMG Regional Medical Jefferson 321,471 N 6,371' $ 6.377
Center 2) Cn Canter naimn
24 ldadpOsa-20D3 Mariposa Tpx Bonds Issued On or 7Y1r2M 2J22D23 Bank of New York Infrastructure projects Medusa 4,M.INI5 N b6,bS9 $ B6,BYJ
Aaocatiori Bonds 4 Before 12/31110
25 Rmedrrlg-Catitdrnia Infmstrucbao lfhrrd-Party,Loans 13/3/2009 W22033 California Infrastructure 8 Infrastructure improvements in Roeding 2,414,610 N 94,131 $ 94,132
Bank Loan(3) Economic Development Roeding Business Park Project Area
Bank
27 SVN-Foundry Park CFOY5 OPA/DDA/Constructi'i0t=1999 9/12031 CC:a�A�:�a1173i3 Reimbursement regarding Foundry South van Ness t,189,102 N T,
Davrelofw Aoreerriml 2 on Park Infrastructure
30 Sdulrr+m51 Fmsnd GNRA and Bonds Issued On or 3/212001 EV2/2018 Bank of New York Bonds issued to fund non-housing Southwest Fresno 4.093,832 N 802,520 5 802,529
Fruil/Church-2001 Merger 2 Tax Before 12/31I10 projects in Southwest Fresno
Iillocation Eorrds 2
31 Southwest Fresno-Edison Plus It OPA/DDA/CanstruW W9/2011 :V282016 Edison Partners Housing-DDA-Affordable Housing Southwest Fresno 5,757,925 N 2.852.221 2,852,221
3 on
33 Property Maintenance(2) Property 5182DOB 6/3D2015 EOC Maintenance of Agency Owned a 374.285 N 95,190 $ 95,19)
6,AAM rance Properties
34 Property SatelAalldsiumn of Agency Property Qaposil mns 2JI12012 Sr OM16 TBD Property sale,title,closing, A0 1,380.486 N 348.682 389.073 S 737,70
Properties(8) maintenance,project cost,insurance.
Coslar
35 Annual Oiedmurertae a0acahon Professional 0/l2001 :=023 i Wildan Financial,Bank of Costs for annual disclosure reports for Mariposa 8 N
bonds(10) Services 14Y Mellon bonds-Moved to Administrative Southwest Fresno
B t
36 CALPERS llydurrdM and Empteyee unfunded ulabllil,s 11/1/2000 12/312023 CALPERS,Emplbyees CALPERS+miundad zInam(and N/A 2,557,508 N 167,37+ $ 167,371
Leave Payout(12) payouts of accrued leave to employees
Recognized Obligation Payment Schedule(ROPS)14-15A-ROPS Detail
July 1,2014 through December 31,2014
(Report Amounts In Whole Dollars)
A B C D E F G H I J K L M N O P
Fundn SarBCE
Non-Redevelopment Property Tax Trust Fund
AW)4tPTT RPTTF
Contract/Agreement Contract/Agreement Tani 0utetand"
11ern1 Project Name/Debt Obli adon CMftbon Type Execution Date Termination Date Pa ee Descrl tlon/Pro'ect Scuoe Pr rt Area Debt or OUgallon Re0[C6 Bond Proceeds Reserve Balance Odry Funde Non-Adnun Adr4n Scr-t mmTotal
37 FPA Grant(13)-Reimhwsarnenu Prafeli 0eal f/25/2012 1/1/2015 'TBD Brov fields g0,000 N 45,GCO $ 45,000
amult costa Services
38 Successor Agency Administrative Adman Costs 77172014 6 IMI15 YBD Admbwration, NIA 250,000 N I 250,000 5 250,U6o
•1 ainlenarl[S
29 FacAlOes Loase Admm Casts VULM2 O130QOT3 8omen Imenelmenl&LP Fanlees Lease MA N
4O Drre IA1rdl1 2kLceYIwrr Audis 1r12Fe14 6r3M0U price PM CPA STatO R cored Due DI ,Audit WA Y
41 Audit Professional 7112014 12/3172914 CPA's-Halos Gini,KWka Required Annual FY Auda 50,000 N 5D.0(A $ 50,000
Services
5
-MnQ dONIp ftl Pry t Seludul.(ROPS)1C1 -R.po MPno P.dvd"J., anb
S.poded f.,Ne ROPS 111/A(Jury 1,2013 N"h Oecel,L,31.2U13)Pgiod Puiwant to HeaIN and Salary Code(RSL)aectlon 391&1(a)
ROM SY14 Ga.L YPA:ie x es.pYfat:eY fti P.aC µp a.aRtH et ttw Rdp 1ei5A pp fq SA q 4'erlp n.d
1Y1JA lcgnww 2lprlry nppay(Tu iw FptlVLMneaP wPl d f,M,RAogvS 14w15Af�!*►aRnwnwR9C GeMaN1!l OF�6Aa an Ww M0 ual e�lfP.dT�r f*psnbCaaea MkrAtalnllllM�Qael>r��fganf/eaber lCP`8}31N YL1n.-xOA We.rtva tmtb➢114p•7ln wawMN ea U4 swat YatCM-S.e rwenae,e..wnf�aeJa ata�M�aiexw p..�aewiwnlvaNv,nry
1iuAww���1�>saf W latdi Iowa fv.eA.a nN i..Pedt}wC emu-'—-"q'3Mw aa�.pff q�>7 a Wn•`-NiY iultla aeeN[Wawa meOanM a a M11d a1 M W I..n Mm a,4 nnie..wl.d
777
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Recognized Obligation Payment Schedule 14-1SA-Notes
July 1,2014 through December 31,2014
Item# Notes/Comments
FOOTNOTES TO ROPS 14-1SA-REPORT OF CASH BALANCES
COLUMN E-DUE DILIGENCE REVIEW BALANCES RETAINED FOR APPROVED ENFORCEABLE OBLIGATIONS
]HOUSING SUCCESSOR RESERVES AS OF JANUARY 1.2013
211/12 Transfer from LMIHF to Housing Successor LMIHF DDR $ 312,704.00
Less:Amount Paid to CAC pursuant to DOF's 1/11/13 Letter LMIHF DDR (168,354.001
Amount Approved for Retention by DOF LMIHF DDR 144,350.00
2/1/12 Transfer from RDA Other Funds to HousinA Successor OTHER DDR 17,567,681.00
Less:Amount Requested to be Paid to CAC by DOF pursuant to 6/27/13 Letter OTHER DDR t4,933,178.09
Amount Approved for Retention by DOF OTHER DDR 12,634,503.00
Plus:Amount from above held in Reserve pending Lawsuit Resolution OTHER DDR 4,933,178.00
Sub-Total Held by Housing Succesor From RDA Other Funds OTHER DDR 17,567,681.00
Sub-Total Held by Housing Successor from RDA Other and LMIHF Funds '17,712,031.00
Less:Housing Obligations Paid During 2/1/12-6/30/12 of ROPS I Period approved by DOF OTHER DDR MEET&CONFER (74,759.071
Less: Housing Obligations Paid During ROPS II Period approved by DOF OTHER DDR MEET&CONFER (2,230,365.251
Total Reserves Held by Housing Successor as of January 1,2013 $ 15,406,907.68
SUCCESSOR AGENCY RESERVES AS OF JANUARY 1 2013
Reserves Approved for Retention by DOF for ROPS III-Item#19 Facilities Lease OTHER DDR 38,250.00
Reserves Approved for Retention by DOF for ROPS III-Item#40 Due Diiligence Audit OTHER DDR 46.700.00
Amount Approved for Retention by DOF per Other DDR 84 950.00
Plus:Available Balance per Other DDR requested by DOF to be Paid to CAC per Letter
dated 6/27/13 which is being held in Reserves pending Lawsuit Resolution OTHER DDR 3,187,256.00
Plus:$58,970 FMFC Receivable DOF requested em:X to pay to CAC per 6J27J13 Letter;
however,the Agency has no source of funds to pay this obligation. OTHER DDR
Total Reserves Held By Successor Agency as ofJanua 1,2013 $ 3,27Z,206.00
TOTAL HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES AS OF JANUARY 1,2013 $ 18,679,113.68
EXPENDITURES FOR ROPS III FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES
Reserves Approved for Retention by DOF for ROPS III-Item#19 Facilities Lease OTHER DDR 38,250.00
(Reserves Approved for Retention by DOF for ROPS III-Item#40 Due Diili ence Audit OTHER DDR 46,700.00
Housing Obligations Paid During the ROPS III Period 346,970.79
Total Expenditures for ROPS III Paid from Housing Successor and Successor Agency Reserves $ 431,920.79
RETENTION OF AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE AS OF 6/30113 $ 18 247192.89
LINE 1-HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES AS OF JULY 1,2013 $ 18,247,192.89
Recognized Obligation Payment Schedule 14-15A-Notes
July 1,2014 through December 31,2014 V
Item# Notes/Comments I
EXPENDITURES FOR ROPS 13-24A FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES
Housing Obligations Paid During the ROP513-14A period 255 407.67
LINE 3-TOTAL EXPENDITURES FOR ROPS 13-14A PAID FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES $ 255,407.67
LINE 4-RETENTION OF AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE AS OF 12/31/13 $ 17,991,785.22
ESTIMATED EXPENDITURES FOR ROPS 13-14B FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES
Estimated Housing Obligations to be Paid During the ROP513-14B Period 1 4,979,638.95
Line 9-Total Estimated Expenditures for ROPS 13-14B to be Paid from Housing Successor&Successor Agency Reserves S 4,979,638.95
LINE 10-RETENTION OF ESTIMATED AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE
AS OF JUNE 30,2014 S 13,012,146.27
FOOTNOTES TO ROPS 14-15A-REPORT OF CASH BALANCES
COLUMN G-OTHER FUND SOURCE-RENT,GRANTS,INTEREST,ETC.
OTHER BALANCE AS OF JULY 1 2013
Amount Reported on ROPS 13-14B 228,255.55
LINE 1-OTHER CASH BALANCE AS OF JULY 1,2013 $ 228,255.55
0THK8 RgVKNJJFjINQME
[Project 09-CBD-Ace for Merchant Lot 10,779.33
[Project 11-Conv Center-Ace for Van Ness/In o 3,886.37
• [Project 11-Conv Center-Pool Tables R Us 7,200.00
Project 35-SE Fresno Revit-Condoor Security Wrought Iron 3,600.00
Project 58-SW Fresno-Kearney Palms 61,346.00
Project 08-SW Fresno-EOC-Franklin School '12.00
Project T6-Sale of Pro -Fidelity National Title for CIVIC(Required by DDA) 33,094.70
F'ro'ect 00-Administration-Other Income 3,922.00
Project 00-Administration-Interest Income 670.91
Total Income From 7/1/13-12/31/13•Held by Successor Agency as of January 1,2014 124 511.31
Plus: Unspent ROPS 11 RPTTF Retained for A roved&Outstanding Enforceable Obligations as of 1/1/13(see ROPS 13-14B) 18,038.31
Plus: Unspent ROPS 11 RPTTF Retained to Cash Flow EPA Grant Expenditures 1 12,708.32
Plus: Unspent Reserves approved for Retention by DOF for ROPS III-Item#40 Due Diligence Audit(see ROPS 13-14B) 4,200.00
Plus:ROPS 13-14A RPTTF Retained for Approved and Outstanding Enforceable Obligations as of 12/31/13 17,728.58
Plus: Retention of Portion of Line 38-Administration RPTTF Drawn in ROPS 13-14A for ROPS 13-14B 210,062.00
I-INE 2-TOTAL REVENLIVINCOME FROM 7/1 13-12f31 13 S 387 248.52
RUMTION QF AVAILABLE CASH N E A ua112 13
Other Fund Balance as of 12 31/13 to be Retained for DOF Approved ROPS 13-14B Ex enditures 228,255.55
Plus: ROPS 13-14A RPTTF Retained for Approved and Outstanding Enforceable Obligations as of 12/31/13 17,72&58
Plus: Retention of Portion of Line 38-Administration RPTTF Drawn in ROPS 13-14A for BOPS 13-148 210 062.00
LINE 4-RETENTION OF AVAILABLE CASH BALANCE(ACTUAL 12131/13) S (456,046.13)
LINE 6-ENDING ACTUAL AVAILABLE CASH BALANCE AS OF 12/31/13 $ 159,457.94
Recognized Obligation Payment Schedule 14-15A-Notes
July 1,2014 through December 31,2014
Item# Notes/Comments
•Does not include income from EPA Grant or CIVIC Medical Office Building income which is used to offset a plicable enforceable obli atlons
FOOTNOTES TO ROPS 14-1SA-REPORT OF CASH BALANCES
COLUMN H-NON-ADMIN RPTTF
. 1
THERE ARE PROBLEMS,A5 DISCUSSED BELOW,.WITH THE FORMULAS AND THE METHODOLOGY FOR THIS COLUMN.
THE WORKSHEET PROHIBITS ADMISSION OF FUNDS ON HAND FOR THE ROPS III PRIOR PERIOD ADIUSTMENTTHAT NEED TO BE
USED TO BALANCE THE ROPS 13-14B REPORTING PERIOD. IN OUR CASE,ROPS 13-14B WAS APPROVED FOR$4,598,446 OF OBLIGATIONS;
HOWEVER,THE CAC ONLY FUNDED$2,136,858 BECAUSE THE ROPS III PRIOR PERIOD ADJUSTMENT AMOUNTED TO$2,461,588. IF THIS
NUMBER IS REPORTED IN THE ROPS 13-14A RECONCILIATION ATTACHED:A)IT FALLS TO THE BOTTOM LINE;B)BECOMES APART OF THE
ADJUSTMENT FOR THIS ROPS 14-15A PERIOD WHERE IT DOES NOT BELONG);AND,C)RESULTS IN A DOUBLE$2,461,588 ADJUSTMENT.
IF THE$2,461,588 IS SIMPLY ADDED TO LINE 1 AND A REQUEST IS MADE TO RETAIN IT FOR THE ROPS 13-14B REPORTING PERIOD WHERE
IT BELONGS,THE WORKSHEET ALLOWS THE RETENTION IN THE ROP513-14A PERIOD BUT THEN MOVES THE AMOUNT TO COLUMN F WHERE IT
DOES NOT BELONG RATHER THAN TO LINE 7(BEGINNING FUND BALANCE AT1/1/14)IN COLUMN H. BELOW IS HOW WE BELIEVE COLUMN H
SHOULD READ:
I
Line 1: Beginning Cash Balance as of 7/1/13 Isee Footnote A below) 6,067,080
Line 2: Revenue/Income(Actual 12/31/13) 2,136,131
Line 3: Expenditures for ROPS 13-14A Enforceable Obli atlons (3,754,396)
Line 4: Retention of Available Fund Balance(12/31/13): ROPS III PPA needed for ROPS 13-14B) 2,461,587
Line 5: ROPS 13-14A RPTTF Prior Period Adjustment(Cash to be Retained for ROPS 14-15A) (1,987,238}
Line 6: Ending Actual Available Cash Balance as of December 31,2013
Line 7: BSginni2g,Fund Balance as of 1/1/14(see Footnote B below) 4,448,826
Nne 8: Revenue/Income 6/30114 2,136,858
I-ine 9: Estimated Expenditures for 13-14B Enforceable Obligations 4 59%446}
Line 10: Estimated Retention of Available Cash Balance(6/30/14)-ROPS 13-14A PPA needed for ROPS 14-15A) 11,987,2381
Line 11: Estimated Ending Available Cash Balance as of June 30,2014 isee Footnote B below) [ -
!Footnote A:
JJ N-A MIN RPTTF BALANCE F JULY 1 2013 BEFORE ROPS 13-4A DISTRIBUTION
Cash Required for ROPS II PPA Deducted by CAC from ROPS 13-14A Distribution CAC DISTRIBUTION 3,605,493.00
Cash Required for BOPS III PPA to be Duducted by CAC from ROPS 13-14B Distribution CAC DISTRIBUTION 2,461,587.00
Total Non-Admin RPTTF Balance Held By Successor Agency as ofJuIV 12013 S 6,067,080.00
Footnote B•
IMM-ADMIN RPITE B LA E AS OF JANUARY 1 2014 BEFORE ROPS 13-14B DISTRIBUTION
Cash Required for ROPS III PPA Deducted by CAC from ROPS 13-14B Distribution CAC DISTRIBUTION 2,461,587.00
Cash Required for BOPS 13-14A PPA to be Duducted by CAC from ROPS 14-15A Distribution CAC DISTRIBUTION 1,98,238.00
Total Non-Admin RPTTF Balance Held B Successor±genc as oar fJanuary 1,2014 __ �5 4,448,825.00
THE CHANGES DISCUSSED ABOVE HAVE BEEN INCORPORATED INTO COLUMN H OF THE REPORT OF FUND BALANCES.
Recognized Obligation Payment Schedule 14-15A-Notes
July 1,2014 through December 31,2014
Item# Notes/Comments
FOOTNOTES TO ROPS 14-15A-ROPS DETAIL
N D DOWNTOWN STADIUM AGREEMENT
CBD-Downtown Stadium Agreement:Line 3 ofthe Recognized Obligation Payment Schedule for ROPS III,ROPS 13-14A,AND ROPS 13-14B Downtown Stadium
Agreement. DOF has denied this enforceable obligation pursuant to letter dated December 18,2012;however,Successor Agency disagrees with this
determination. Listed below are the amounts requested for ROPS III and the amounts which would have been requested for ROPS 13-14A,13-14B and 14-15A:
Amount requested for ROPS III: $140,473 Amount which would have been requested for ROPS 13-14A: $742.56
Amount which would have been requested for ROPS 13-1413:$80,742.56 Amount which would have been requested for ROPS 14-1SA: $742.56
LINE 11-CONVENTION CENTER-RADISSON HOTEL
Convention Center-Radisson Hotel:Line 8 of the Recognized Obligation Payment Schedule for ROPS III,ROPS 13-14A,AND ROPS 13-14B Radisson Hotel Notes 24V$.
25.DOF has denied this enforceable obligation pursuant to letter dated December 18,2012;however,the Successor Agency disagrees with this determination.
Listed below are the amounts requested for ROPS III and the amounts which would have been requested for ROPS 13-14A,13-14B,and 14-15A-
Amount requested for ROPS III: $100,743 Amount which would have been requested for ROPS 13-14A: $742.56
Amount which would have been requested for ROPS 13-14B: $100,742.56 Amount which would have been requested for ROPS 14-15A:$742.56
FOOTNOTES TO ROPS 14-15A-REPORT OF PRIOR PERIOD ADJUSTMENTS
_ LINE 16-COLUMN H-FULTON-L STREET PROJECT OPA
The Department of Finance approved the expenditure of$240,000 purusant to its June 27,2013 Other Funds DDR final determination letter to
Successor Agency.
FOOTNOTES TO ROPS 14-15A-RULING OF WRIT OF MANDATE AND COMPLAINT FOR DECLARATORY AND INJUNCTIVE RELIEF
The Successor Agency to the Redevelopment Agency of the City of Fresno received a Ruling of Petition for Writ of Mandate and Complaint for
Declaratory and Injunctive Relief from the Superior Court of California,County of Sacramento on February 11,2014.This ruling gave the
liousing Successor to the Redevelopment Agency of the City of Fresno control over all Housing Assets,including$17,880,383 In cash;
consequently,the Successor Agency no longer has an obligation to report any activities of the Housing Successor. Because ROPS 14-15A was
prepared prior to receipt of the February 11,2014 Ruling,the Housing Successor activities were shown on ROPS 14-15A and remain for
Informational purposes only.
Recognized Obligation Payment Schedule(BOPS 14-15A)-Summary
Filed for the July 1,2014 through December 31,2014 Period
Name of Successor Agency: Fresno City
Name of County: Fresno
Current Period Requested Funding for Outstanding Debt or Obligation Six-Month Total
1 Enforceable Obligations Funded with Non-Redevelopment Property Tax Trust Fund(RPTTF)Funding
A Sources(B+C+D): $ 4,674,127
B Bond Proceeds Funding(ROPS Detail) -
C Reserve Balance Funding(ROPS Detail) 4,674,127
D Other Funding(ROPS Detail) -
E Enforceable Obligations Funded with RPTTF Funding(F+G): $ 5,436,459
F Non-Administrative Costs(ROPS Detail) 5,186,459
G Administrative Costs(ROPS Detail) 250,000
FI Current Period Enforceable Obligations(A+E): $ 10,110,586
Successor Agency Self-Reported Prior Period Adjustment to Current Period RPTTF Requested Funding
I Enforceable Obligations funded with RPTTF(E): 5.436,459
J Less Prior Period Adjustment(Report of Prior Period Adjustments Column S) (1 SP,7_:2B)
K Adjusted Current Period RPTTF Requested Funding(I-J) $ 3,449,221
County Auditor Controller Reported Prior Period Adjustment to Current Period RPTTF Requested Funding
L Enforceable Obligations funded with RPTTF(E): 5,436,459
M Less Prior Period Adjustment(Report of Prior Period Adjustments Column AA)
N Adjusted Current Period RPTTF Requested Funding(L-M) 5,436,459
Certification of Oversight Board Chairman:
Pursuant to Section 34177(m)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 agency.
Signature Data
Recognized Obligation Payment Schedule(ROPS)14-15A-Report of Cash Balances
(Report Amounts in Whole Dollars)
Pursuant to Health and Safety Code section 34177(I),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.
A B C D E F G 1A I
Fund Sources
Bond Proceeds Reserve Balance Other RPTTF
Prior ROPS
RPTTF
Bonds Issued Bonds Issued Prior ROPS period distributed as Rent,
on or before on or after balances and DDR reserve for next Grants, Non-Admin and
Cash Balance Information by ROPS Period 12/31/10 01/01/11 balances retained bond payment Interest,Etc. Admin I Comments
BOPS 13-14A Actuals 07101/13-12131113
1 Beginning Available Cash Balance(Actual 07101113)
Note that for the RPTTF,1+2 should tie to columns J and O in the Report
of Prior Period Adjustments(PPAs) 228.256 6,067 080
2 Revenuellncome(Actual 12131113)
Dote that the RPTTF amounts should tie to the ROPS 13-14A distribution
From the County Auditor-Controller during June 2013 387,249 2.136,131
3 Expenditures for ROPS 13-14A Enforceable Obligations(Actual
12131113)
Note that for the RPTTF,3+4 should tie to columns L and Q in the Report 255,408 3.754,386
4 Retention of Available Cash Balance(Actual 12/31113)
!Vote that the RPTTF amount should only include the retention of reserves
i'or debt service approved in ROPS 13-14A 17.991,785 456.046 2,461,587
5 ROPS 13-14A RPTTF Prior Period Adjustment
Note that the RPTTF amount should tie to column S in the Report of PPAs. No entry required
1,987.238
6 Ending Actual Available Cash Balance
CtoG=(1+2-3-4),H=(1+2-3-4-5) $ $ $ 0 $ -1 $ 159,458 $ 0
BOPS 13-148 Estimate(01/01114-06/30114
7 Beginning Available Cash Balance(Actual 01101114)
(C,D,E,G=4+6,F=H4+F4+F6,and H=5+6) $ $ $ 17,991,785 $ $ 615.505 $ 4.448,826
8 Revenuellncome(Estimate 06130114)
Note that the RPTTF amounts should tie to the ROPS 13-14B distribution
from the County Auditor-Controller during January 2014 2,136,85E
9 IExpenditures for 13-14B Enforceable Obligations(Estimate 06/30114)
4,979,639 456,046 4.598,446
10 Retention of Available Cash Balance(Estimate 06/30114)
(Note that the RPTTF amounts may include the retention of reserves for
debt service approved in ROPS 13-14B 13.012.146 1.987.238
11 Ending Estimated Available Cash Balance(7+8-9-10) $ $ $ 0 $ $ 159.458 $ 0
Recognized Obligation Payment Schedule(ROPS)14-15A-BOPS Detail
July 1,2014 through December 31,2014
(Repan Amounts in Whole Dollars)
A B C D E F G H I J It L M N O P
Funding Source
Non-Redevelopment Property Tax Trust Fund
l ar,-RPTT RP3-'F
Contract/Agreement ContracUAgreement Total Outstanding
0ern# Li Name 7 Debt Obi *n Obligation Type Execution❑W Termination Dais payee Descriotion/Pro'ect Scooe Pr'ecl Area Debt or Ohl lion Retired Bond Proceeds Reserve Balance Other Funds Alan-Admin Ad-in Six-Month Total
$ 38 67567 $ - 5 4674127 5 S &lB6L459 3 250.M0 S 1Aa1 588
I AROD11- Denkoct, 11 Oil lv3l2014 IMIBe I Iffina",ghmin Ar 2 4 1 S 434
4CBD-Hotel Fresno/OPA(4) OP A/DDA/Construct 3/9/2011 Fi/30/2015 Hotel Fnsno,LLC Housing-RehabirtabonlAffordable Central Business 1,984,164 N 24,721 $ 24,721
nn He Zishict
5 CED-pm;arly BALM unpl0vmrtcull I Impf imm"AMMMU 6124R010 W2472015 County of Fresno PBID Assessment-CBD Area Porlion Central Business 40,7&1 N 2.750 %191 S 7.942
raidu Epsl 0) uctum District
8 Central
City-Apple valley ImprovemenUlnfraslr'112 912 01 1 l213V2014 Yamabe&Horn Complete planned infrastructure Central City 597.955 N 353,021 $ 35st127
Infrastructure(1) ucture (Engineering,Apple Valley Improvements related to expanded
Fuda:.top. raanvf dev t
9 Caamftim Genies•cwffl tin 4PAlDDArAMVJW 7/1112005 15/30/2016 to Be Determined Vile Preparation,maintenance, Convention Center 3.309,662 N 2,519,8W 5 2519.887
Center Development-Old Armenian 0n Sencing,property acquisition per
1-cwn LLC(5) lelocatton agreement(v rlous
apP.rlia5
I Convention Center-Historic Houses LIIipnllon 171/2009 1213l/2014 TO Be Oatermined Relocalion/restoration of historic Cwwantton Center 321,714 N 137,021 $ 137,ffLf
b) t+W+ses
II Convention Center-Property Based ImRi-Y enUlnfraeU 672472010 61/25/2015 County Of Fresno PBID Assessment-Convention Center Convention Center Z419 N 471 $ 471
Improvement District PBID 7 ucture Area Portion
12 Fwy 92M-FLAW0Wwt*PA 11) 0PAFMVC0nLUwA 31412011 12/31/2014 TFS Investments,LLC Housing-Owner Parriicipanon Freeway 99/GS 251.721 N 242,221 $ 242,221
on I Aq'k=WU
16 Fullon-L Street Project/OPA(1) OPAlD0AfCord&Wi 411912D11 1213172014 FFDA Properties,LLC Housing-Owner Participation Fulton 252,36C N 252.3131 S 252.361
cm Agnibernant
17 Fulton-1612 Fulton SlreeUDPA(2) OPAODAIConstrucIl:1/9/2011 12/31/2014 FFDA Properties,LLC Housing-Cener Pat'ildpatim Fulton 7,OD5 N 7,005 $ Vil
'.Uri e9rnent
1i)Fulton-160BBrdadway/OPA(3) OPAIDDA/Constructl31912011 112131/2014 FFDA Properfies,ED Housing-Owner Participation Fullon 83R471 N 424,721 S 424,721
bn Agrearnarrt
18 Fultan-$639-1W BruudwoylOPA 0PAAD0Aron%tnx11379M11 12n12D14 FFDA Properties,LLC Housing-Owner Participation Fulton 969,976 N 494.721 $ 494,72;
4 AcMeft 01
20'Fulton-Fulton&CalavefaWC)PA(5)OPA1DDJVC0rM[A13/912011 11/30/2016 FFDA Properties,LLC Housing-Owner Participation Fullon 2,376,987 N 24,721
$ 24,723
on Acrement
22 J'efferson-CIAO Regional Medical OPA/DDA/Conslruc➢711/1995 771=16 C:MC Agreement for CMC Regional Medical Jetterson 321,471 N 5'aT7 $ 6,377
Canter f2 on L'enter aosian
2414ariposa-2003 Mariposa Tax 13onds Issued On or WV2003 V21PO23 BanK of New'York 1, rastructureprojeds 34aripasa 4,oD8,855 N 86,899 5 8$899
A17gaaLdn aonds a i3efore 12/31110
25 Roeding-California Infrastructure Third-Party Loans VW2009 8U2/2033 California Infrastructure& Infrastruclurelmprovemenlsin F2oeding 2.414.610 N 94,132 $ 94,132
Bank Loan(3) Economic Development Roeding Business Park Project Area
Bahr
27 SVN-Foundry Park CPD#5 OPAAXJ-COa InX9%0/2211999 SI/1/2031 ! +1Pep Reimbursement regarding Foundry :South Van Ness 1,189,102 N $
Dever. erAgreemeal on Park infrastructure
30 Southwest Fresno GNRA and Flonos fssued On of 3/2/2001 11/2/2D18 f3anK of New Yon, Ponds issued to fund non-housing Southwest Fresno 4,093,832 N 802,523 S 8OZ529
FruiUChurch-2001 Merger 2 Tax Before 12/31/16 projects in Southwest Fresno
kiocaliU.Bands(
31:3ouLhwest Fresno-Edison Plaza II CFAMDAiCm5iftKO//912011 e2../282016 ledison Partners Housing-DDA-Affordable Housing Southwest Fresno 5,757,925 N 2,852,221 2.852.221
{3 cm
33 Property Maintenance(2) Property 5/812008 8i/30/2015 EOC Maintenance afAgency Owned Al 374.285 N 95,190 $ 95,19➢
M�_me�nn. F'r Hies
34Property SalelDisposuon of Agency F4gmrty04positiwx:!/1/2012 1i/30/2016 TBD Property sale,title,closing, All1,3B0,485 N 348.682 389,D73 S 737,755
Properties(8) maintenance,project cast,insurance,
Sastar
31 Annual Dlsclosureliax allocation Professional 13/1/2001 a22D23 WAd'en 1=trtancial,Bank of Costs for annual disclosure reports for Mariposa S N
bonds(10) £iervices NY Mellon bonds-Moved to Administrative Southwest Fresno
Bud
35 CALPERS Unfunded ono Employee Unfunded Liabilities 11/1/20D0 921312023 CALPERS,Employees CALPERS unfunded amount and tv/A 2,557,58B N 167,$74 5 167.374
Leave Payout(12) payouts of accrued leave to employees
Recognized Obligation Payment Schedule(ROPS)14-15A-ROPS Detail
July 1,2014 through December 31,2014
(Report Amounts in Whole Dollars)
FA 6 C D E F G H 1 J K L M N O P
Fundim ScarceNon-Redevelopment Properly Tax Trust Fund
gPTTF
ConlracVAgreemenl ContracilAgreemed Total Outstanding
cl MilesI Debt Oh allon Obi alion7 Executionin
Dale Termation Dal. Pa ee Dmani ilon/Pr'ect Sco a Paled Arm Debt or Ob4 aeon R"red Bond Promads ReserveBelanrs piper Funds Nonv4Cmin Admin Six-Month Total
EPA Grant(13)-Reimbursements Professional 1Y25RA12 1/1/2015 ifBD brownfields KUM N 45600D 5 -05,000
oset oats Services
38 Successor Agency Amniflmbt9 Admin Costs 7/1/2014 aw=015 TBD Administration, NIA 254000 N 25Gp00 S 250,000
Bud t'1 U eratDris/Maintenance
30 Facilities Lease Admin Cmm 7MQ012 E1=013 Bpmnn lnvorelmeata EP Fawkes Lsoss rMA N
a0 Due.1 eue/Audit Diraelubon Audlls 111/21141 &OtM 14 Pdcc P c CPA Slate R red Oue VCU.Aw'li ,+:IA Y
4l Audd Professional 711/2014 12/31/2014 CPA's-Macias Gini.Kulka Required Annual FY Audit 50,000 N 5➢,➢➢0 5 50.1106
Services
E
Pnog01,ed 0E11ga11-Payment Schedule fROPS)1445A-Rep.H w PH.,Pan.d Ad)uatmante
P-HId lOr Ne ROPS 1 11 4A(July 1,20131hraugh O,umhar 31,3010)P—d Punue01 I.Haallh and Safety Cede(HSC)se01i0R 34166(a)
IMPS 1YIN LAC PPA:To 4WW- --AWL 14—WIMRRcnd
I 1114AS Al—,I'll Prlor Period Adfum0 (PPAI:Pu Ml0 CS .1.1.). remind to npod N di—r— M -01la6nd lheircepe0diunoA POPS 1}14A(Ju lhnugh De—el]013)pO6.d W N,ICACe Ilndloeter Nen(.—,as al N theW mhnar R xi4h lh,
A [ HGySAaeAWflbp-rlP,,Iry—Ti Fund(RTF)app—d for the RODS 45 M r rGmdiltry oSvg Ne PPA AI1101e N,l lM1e atlmin amount,d0001 need l0 Ee 4alad al lna line namlavaland nuy Ee ahlend
7771
Nan-P971 E—dl RP—E.P—i— RPTTF EAoORNhwa
IAma0omu1e1I Nm..iuma 11
1nm11+I arm.I
T—III
ar..ra
Aei==m
f
a
Ib,.w.ux�.er
MOWN q m
�u
fi m w m Vrg
I
i+ry
x ew.y ra n
RecogRlzetl Obllg+IlPn Pl"It Schedule(ROPS)14-15A-Rep,d of Pfi,r Period Adjuelm—
RepodetlIPrNeRCP613-14A(July 1,2 31hmughO,cemLer J1,2g13)Ped,tl Punuanl to Health and Safely Lode(HSG),ecg,n 34106(a)
frpry 1g+IMCAC PPA:To be wlApleled by Ne fAC upon eubmill,l Pl the POP514.15A by IM SA k Feaece eed
A-S 13A4A Successor Agency(SA)Self-repoded Prior Period Adl.c.—(PPA)tPursu,hl to HSO Secg,h 3410811•),SA,am raq.l,d to rep,d the dllferencee beMeen Neiracual available funding and Neiradual expenQlures for Ne ROP51}tIA(July through Oece�rAer2g13)pedod The em-,f If�CAG Nola 4al CAC,Mil—d to enter lhel—f,mYla,el lM line item levelW—.1,IM1e mennar�n WucM1 lh.
R,d lop ,tPr,pedy Ta,Tlusl FuRd(RPTTF).Plledforth,ROPS14-15A(JulyNmugh Oecember2g19)pedod Mll be ollsel by N,SAS self-rcppdetl ROPS 1319Apdorpedod etljuelmenL HSC Secll,n3410fi(aj also species lM1IDl No pdarpedotl atllusMenl,,ell-rtppdetl try SA,aresub7ee 1,sort by dyp/W,M PPA Ab,n,la thel ihe+dH,amounN do not need to be 6sled.1 the line item ley- maybe.1—
o a
Non-RPTTFE entlilu.. ,lPTyF e•r+r1s,... 3-rF Eependyree,
prlonel eaNal
m(ROP6rtiuA IRRaPID r+F1eA
L
uor ar
Y e+openr �e[ K s,e 'Miff 1+e lA.r fats ,14
- - t5,fp • 11pyy ,l W
Recognized Obligation Payment Schedule 14-15A-Notes
July 1,2014 through December 31,2014
Item# Notes/Comments
FOOTNOTES TO ROPS 14-15A-REPORT OF CASH BALANCES
COLUMN E-DUE DILIGENCE REVIEW BALANCES RETAINED FOR APPROVED ENFORCEABLE OBLIGATIONS
1OUSING SUCCESSOR RESERVES AS OF JANUARY 1,2013
211/12 Transfer from LMIHF to Housing Successor LMIHF DDR $ 312,704.00
Less:Amount Paid to CAC pursuant to DOF's 1/11/13 Letter LMIHF DDR (168,354.00]
Amount Approved for Retention by DOF LMIHF DDR 144,350.00
[2/1/12Transfer from RDA Other Funds to Housing Suecessae OTHER DDR 17,567,681.00
Less:Amount Requested to be Paid to CAC by DOF pursuant to 6127/13 Letter OTHER DDR (4,933,178.00]
Amount Approved for Retention by DOF OTHER DDR 12,634,503.00
Plus:Amountfrom above held in Reserve pending Lawsuit Resolution OTHER DDR 4,933,178.00
Sub-Total Held by Housing Succesor From RDA Other Funds OTHER DDR 17,567,681.00
Sub-Total Held by Housing Successor from RDA Other and LMIHF Funds 17,712,031.00
Less: Housing Obligations Paid During 2/1/12-6/30/12 of ROPS I Period approved by DOF OTHER DDR MEET&CONFER (74,758.07
Less: Housing Obligations Paid During ROPS II Period approved by DOF OTHER DDR MEET&CONFER (2,230,365.25]
Total Reserves Held by Housing Successor as of January 1,2013 $ 15,406,907.68
'iUCCESSOR AGENCY RESERVES AS OF JANUARY 1 2013
Reserves Approved for Retention by DOF for ROPS III-Item#19 Facilities Lease OTHER DDR 38 250.00
Reserves Approved for Retention by DOF for ROPS III-Item#40 Due DiTligence Audit OTHER DDR 46,700.00
Amount Approved for Retention by DOF per Other DDR 84,950.00
Plus:Available Balanceper Other DDR requested by DOF to be Paid to CAC per Letter
dated 6/27/13 which is being held in Reserves pending Lawsuit Resolution OTHER DDR 3,187,256.00
Plus:$58,970 FMFC Receivable DOF requested A enc to pay to CAC per 6/27113 Letter;
however,the Agency has no source of funds to pay this obligation. OTHER DDR
Total Reserves Held By Successor Agency as of January 1,2013 5 3,272,206.00
TOTAL HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES AS OFJANUARY 1,2013 5 18,679,113.68
EXPENDITURES FOR ROPS III FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES
Reserves Approved for Retention by DOF for ROPS III-Item#19 Facilities Lease OTHER DDR 38,250.00
Reserves Approved for Retention by DOF for ROPS III-Item#40 Due D7im ence Audit OTHER DDR 46,700.00
Housing Obligations Paid Duringthe ROPS III Period 346,970.79
lrotal Expenditures for ROPS III Paid from Housing Successor and Successor Agency Reserves $ 431,920.79
RETENTION OF AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE AS OF 6/30/13 $ 1 1,247,192.89
I
DINE 1-HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES AS OF JULY 1,2013 $ :18.247,192.89
Recognized Obligation Payment Schedule 14-15A-Notes
July 1,2014 through December31,2014
Item# Notes/Comments
EXPENDITURES FOR ROPS 13-14A FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES
Housing Obligations Paid During the ROPS 13-14A period 255,407.67
ILINE 3-TOTAL EXPENDITURES FOR ROPS 13-14A PAID FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES $ 255,407.67
LINE 4-RETENTION OF AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE AS OF 12/31/13 $ 17,991,785.22
(ESTIMATED EXPENDITURES FOR ROPS 13-14B FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES
Estimated Housing obligations to be Paid During the ROPS 13-14B Period 1 4,979,639.95
Line 9-Total Estimated Expenditures for ROPS 13-145 to be Paid from Housing Successor&Successor Agency Reserves 15 4,979,638.95
LINE 10-RETENTION OF ESTIMATED AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE
AS OF JUNE 30,2014 $ 13,012,146.27
FOOTNOTES TO ROPS 14-ISA-REPORT OF CASH BALANCES
J OLUMN G-OTHER FUND SOURCE-RENT,GRANTS,INTEREST,ETc.
OTHER BALANCE AS OF ULY 1 2013
Amount Reported on ROPS 13-14B _ 228,255.55
LINE 1-OTHER CASH BALANCE AS OF JULY 1,2013 $ 228,255.55
OTHER R NUE INCOME FROM 13-12 3113 *
Project 09-CBD-Ace for Merchant Lot 10,779.33
Project 11-Conv Center-Ace for Van Ness/Ingo 3,886.37
Y'ro'ect 11-Conv Center-Pool Tables R Us 7,200.00
Project 35-SE FresnoRevit-CondoorSecurityWrought Iron I 3,600.00
Project 58-SW Fresno-Kearne Palms 61.346.00
Project 08-SIN Fresno-EOC-Franklin School 12.00
Project T6-Sale of Prop-Fidelity National Title for CIVIC(Required by DDA) 33,094.70
F'ro'ect 00-Administration-Other Income 3,922.00
{Project 00-Administration-Interest Income 670.91
Total Income From 7/1/13-12/31/13*Held by Successor Agency as of January 1,2014 124511.31
Plus: Unspent ROPS II RPTTF Retained for Approved&Outstanding Enforceable Obligations as of 1/1/13(see ROPS 13-14B) 18,038.31
Plus: Unspent ROPS II RPTTF Retained to Cash Flow EPA Grant Expenditures 1 12 708.32
Plus: Uns ent Reserves approved for Retention by DOF for ROPS III-Item#40 Due Diligence Audit(see ROPS 13-14B) 4,200.00
i'lus:POPS 13-14A RPTTF Retained for Approved and Outstanding Enforceable Obligations as of 12/31/13 17,728.58
Plus: Retention of Portion of Line 38-Administration RPTTF Drawn in ROPS 13-14A for ROPS 13-14B 210,062.00
LINE 2-TOTAL REVENUE/INCOME FROM 7/1/13-12/31/13 $ 387,248.52
RETENTION OF AVAILABLE CASH BALANCEfActual 12 31 13
Other Fund Balance as of 1 31 13 to be Retained for DOF Approved ROPS 13-14B Expenditures (228,255.55)
Plus: ROPS 13-14A RPTTF Retained for Approved and Outstanding Enforceable Obligations as of 12/31/13 (17,728.59)
Plus: Retention of Portion of Line 38-Administration RPTTF Drawn in ROPS 13-14A for ROPS 13-14B (210.062-00)
LINE 4-RETENTION OF AVAILABLE CASH BALANCE(ACTUAL 12/31113) $ (456.046-13)
LINE 6-ENDING ACTUAL AVAILABLE CASH BALANCE AS OF 27431123 $ 159,457.94
I
Recognized Obligation Payment Schedule 14-15A-Notes
July 1,2014 through December 31,2014
Item# Notes/Comments
•Does not include income from EPA Grant or CIVIC Medical Office Building income which is used to offset applicable enforceable obligations
I
I
FOOTNOTES TO ROPS 14-15A-REPORT OF CASH BALANCES
COLUMN H-NON-ADMIN RPTTF
1rHERE ARE PROBLEMS,AS DISCUSSED BELOW,WITH THE FORMULAS AND THE METHODOLOGY FOR THIS COLUMN.
THE WORKSHEET PROHIBITS ADMISSION OF FUNDS ON HAND FOR THE ROPS III PRIOR PERIOD ADIUSTMENTTHAT NEED TO BE
USED TO BALANCE THE ROPS 13-14B REPORTING PERIOD. IN OUR CASE,ROPS 13-14B WAS APPROVED FOR$4,598,446 OF OBLIGATIONS;
IlOWEVEP,THE CAC ONLY FUNDED$2,136,858 BECAUSE THE ROPS III PRIOR PERIOD ADJUSTMENT AMOUNTED TO$2,461,588.IF THIS
NUMBER IS REPORTED IN THE ROPS 13-14A RECONCILIATION ATTACHED:A)IT FALLS TO THE BOTTOM LINE;B)BECOMES A PART OF THE
ADJUSTMENT FOR THIS ROP514-15A PERIOD WHERE IT DOES NOT BELONG);AND,C)RESULTS IN A DOUBLE$2,461,588 ADIUSTMENT.
IF THE$2,461,589 IS SIMPLY ADDED TO LINE 1 AND A REQUEST IS MADE TO RETAIN IT FOR THE ROPS 13-14B REPORTING PERIOD WHERE
IT BELONGS,THE WORKSHEET ALLOWS THE RETENTION IN THE ROPS 13-14A PERIOD BUT THEN MOVES THE AMOUNT TO COLUMN F(WHERE IT
DOES NOT BELONG)RATHER THAN TO LINE 7(BEGINNING FUND BALANCE AT 1/1/14)IN COLUMN H. BELOW IS HOW WE BELIEVE COLUMN H
SHOULD READ:
ILine 1: Beginning Cash Balance as of 7/1/13(see Footnote A below) 6,067,080
Line 2: RevenueJlncome(Actual 12J31/13 2,136,131
line 3: Ex enditures for ROPS 13-14A Enforceable Obligations 3,754,3961
Line 4: Retention of Available Fund Balance 12J31J13:IROPS III PPA needed for ROPS 13-14B) (2,461,5871
Line 5: ROPS 13-14A RPTTF Prior Period Adjustment(Cash to be Retained for ROPS 14-15A) (1,987,2381
1-ine 6: Ending Actual Available Cash Balance as of December 31,2013
Line 7: Beginning Fund Balance as of 1/1/14(see Footnote B below) 4,448.826
Line 8: RevenueJlncome 6/30/14 2,136,858
Line 9: Estimated Expenditures for 13-14B Enforceable Obligations (4,598,4461
Line 10: Estimated Retention of Available Cash Balance(6/30/14)-ROPS 13-14A PPA needed for ROPS 14-15A) (1,987,238
Line 11: Estimated Ending Available Cash Balance as of June 30,2014jsee Footnote B below)
Footnote A:
rjQw;8I)MjU BEMF BA Ly 2 (BEFORE P -4A DISTRIBUTION
Cash Required for ROPS II PPA Deducted by CAC from ROPS 13-14A Distribution CAC DISTRIBUTION 3,605,493.00
Cash Required for ROPS III PPA to be Duducted by CAC from ROPS 13-14B Distribution CAC DISTRIBUTION 2,461,587.00
Total Non-Admin RPTTF Balance Held By Successor Agency as of July 12013 S 6,067,080.00
Footnote B:
HION- MIN RPTTF BALANCE AS OFJANJOY L 2014(BEFORE ROPS 13-14B DISTRIBUTIO
Cash Required for ROPS III PPA Deducted by CAC from ROPS 13-14B Distribution CAC DISTRIBUTION 2,461,587.00
Lash Re uired for BOPS 13-14A PPA to be Duducted by CAC from ROP514-15A Distribution CAC DISTRIBUTION 1,987,238.00
'Total Non-Admin RPTTF Balance Held By Successor Agency as of January 1,2014 $ 4,448,825.00
THE CHANGES DISCUSSED ABOVE HAVE BEEN INCORPORATED INTO COLUMN H OF THE REPORT OF FUND BALANCES.
Recognized Obligation Payment Schedule 14-15A-Notes
July 1.2014 through December 31,2014
Item# Notes/Comments
1:00TNOTES TO BOPS 14-15A-ROPS DETAIL
LINE 3-CBD DOWNTOWN STADIUM AGREEMENT
(:BD-Downtown Stadium Agreement:Line 3 of the Recognized Obligation Payment Schedule for ROPS III,ROPS 13-14A,AND ROPS 13-14B Downtown Stadium
Agreement.DOF has denied this enforceable obligation pursuant to letter dated December 18,2012;however,Successor Agency disagrees with this
determination.Listed below are the amounts requested for ROPS III and the amounts which would have been requested for ROPS 13-14A,13-14B and 14-15A:
Amount requested for ROPS III: $140,473 Amount which would have been requested for ROPS 13-14A: $742.56
Amouriitwhich would have been requested for ROPS 13-14B:$90,742.56 Amount which would have been requested for ROPS 14-15A: $742.56
I'-INE U-SONVENTION CENTER-RADISSON HOTEL
Conv4ndon Center-Radisson Hotel:Line 8 of the Recognized Obligation Payment Schedule for ROPS III,ROPS 13-14A,AND ROPS 13-14B Radisson Hotel Notes 24&
25.DOF has denied this enforceable obllgation pursuant to letter dated December 18,2012;however,the Successor Agency disagrees with this determination.
Listed below are the amounts requested for ROPS III and the amounts which would have been requested for ROPS 13-14A,13-14B,and 14-15A. _
Amount requested for ROPS III: $100,743 Amount which would have been requested for ROPS 13-14A: $742.56
Amount which would have been requested for ROPS 13-14B: $100,742.56 Amount which would have been requested for RODS 14-15A:$742.56
FOOTNOTES TO ROPS 14-15A-REPORT OF PRIOR PERIOD ADJUSTMENTS l
LINE 16-COLUMN H-FULT N-L STREET PROJECTOP
The Department of Finance approved the expenditure of$240,000 purusant to its June 27,2013 Other Funds DDR final determination letter to
Successor Agency.
1
FOOTNOTES TO ROPS 14-15A-RULING OF WRIT OF MANDATE AND COMPLAINT FOR DECLARATORY AND INJUNCTIVE RELEF
jrhe Successor Agency to the Redevelopment Agency of the City of Fresno received a Ruling of Petition for Writ of Mandate and Complaint for
Declaratory and Injunctive Relief from the Superior Court of California,County of Sacramento on February 11,2014.This ruling gave the
Housing Successor to the Redevelopment Agency of the City of Fresno control over all Housing Assets,including$17,880,383 in cash;
consequently,the Successor Agency no longer has an obligation to report any activities of the Housing Successor. Because ROPS 14-15A was
prepared prior to receipt of the February 11,2014 Ruling,the Housing Successor activities were shown on ROPS 14-15A and remain for
Informational purposes only.
Recognized Obligation Payment Schedule(BOPS 14-15A)-Summary
Name of Successor Agency: Fresno City Filed for the July 1,2014 through December 31,2014 Period
Name of County: Fresno
Current Period Requested Funding for Outstanding Debt or Obligation Six-IVonth Totei
Enforceable Obligations Funded with Non-Redevelopment Property Tax Trust Fund(RPTTF)Funding
A Sources(B+C+D): 5 4,674,127
B Bond Proceeds Funding(ROPS Detail) -
C Reserve Balance Funding(ROPS Detail) 4,674,127
D Other Funding(ROPS Detail)
E Enforceable Obligations Funded with RPTTF Funding(F+G): $ 5,436,459
F Non-Administrative Costs(ROPS Detail) 5,186.459
G Administrative Costs(ROPS Detail) 250,000
H Current Period Enforceable Obligations(A+E): $ 10,110,586
Successor Agency Self-Reported Prior Period Adjustment to Current Period RPTTF Requested Funding
I Enforceable Obligations funded with RPTTF(E): 5.436,459
J Less Prior Period Adjustment(Report of Prior Period Adjustments Column S) (1.967.23B)
K Adjusted Current Period RPTTF Requested Funding(W) $ 3,449,221
County Auditor Controller Reported Prior Period Adjustment to Current Period RPTTF Requested Funding
L Enforceable Obligations funded with RPTTF(E): 5,436,459
M Less Prior Period Adjustment(Report of Prior Period Adjustments Column AA)
N Adjusted Current Period RPTTF Requested Funding(L-M) 5,436,459
Certification of Oversight Board Chairman:
Pursuant to Section 34177(m)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 agency. IS/
Signature Date
Recognized Obligation Payment Schedule(BOPS)14-15A-Report of Cash Balances
(Report Amounts in Whole Dollars)
Pursuant to Health and Safety Code section 34177(I),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,
A B C D E F G H I
Fund Sources
Bond Proceeds Reserve Balance Other RPTTF
Prior ROPS
RPTTF
Bonds Issued Bonds Issued Prior ROPS period distributed as Rent,
on or before on or after balances and DDR reserve for next Grants, Non-Admin and
Cash Balance Information by ROPS Period 1 12/31/10 01/01/11 balances retained bond payment Interest.Etc. Admin I Comments
ROPS 13-14A Actuals 07/01/13-12/31113)
1 113eginning Available Cash Balance(Actual 07101/13)
Note that for the RPTTF,1+2 should tie to columns J and O in the Report
of Prior Period Adjustments PPAs 16 247,193 228,256 6.067,080
2 Ikevenue/income(Actual 12131/13)
Dote that the RPTTF amounts should tie to the ROPS 13-14A distribution
from the County Auditor-Controller durinq June 2013 387,249 2.136,131
3 Expenditures for BOPS 13-14A Enforceable Obligations(Actual
12/31113)
Note that for the RPTTF,3+4 should tie to columns L and Q in the Report 255.408 3,754,386
4 Retention of Available Cash Balance(Actual 12131113)
Note that the RPTTF amount should only include the retention of reserves
for debt service approved in ROPS 13-14A 17,991.785 456,046 2.461,587
5 ROPS 13-14A RPTTF Prior Period Adjustment
Note that the RPTTF amount should tie to column S in the Report of PPAs. No entry required
1,987,238
6 Ending Actual Available Cash Balance
CtoG=(1+2-3-4),H=(1+2-3-4-5) $ $ $ 0 $ - $ 159,458 $ 0
ROPS 13-14B Estimate(01101114-06/30/14)
7 (Beginning Available Cash Balance(Actual 01101114)
QC,D,E,G=4+6,F=H4+F4+F6,and H=5+6) $ $ $ 17,991,785 $. $ 615.505 $ 4,448,826
8 Revenuellncome(Estimate 06/30114)
Note that the RPTTF amounts should tie to the ROPS 13-14B distribution
from the County Auditor-Controller during January 2014 2,136 858
9 Expenditures for 13-14B Enforceable Obligations(Estimate 06/30114)
4,979,639 456,046 4,598,446
10 Retention of Available Cash Balance(Estimate 06130114)
!Vote that the RPTTF amounts may include the retention of reserves for
debt service approved in ROPS 13-14B 1 13 012.146 1,987,238
11 Ending Estimated Available Cash Balance(7+8-9-10) $ $ $ 0 $ $ 159,458 $ 0
Recognized Obligation Payment Schedule(ROPS)14-15A-BOPS Detail
July 1,2014 through December 31,2014
(Report Amounts in Whole Dollars)
A j B C D E F G H I J K L M N O P
Fundho Source
Non-Redevelopment Property Tax Tfusl Fund
A1a7•RP7Tn RPTYF
Contract/Agreement Contracl/Agreement Total Outstanding
Item# Project Name I Debt ONI aFon ONinslion Type Execuflon Data Termination Date Pa ee Doscrl tore/Project Scope Project Area Debt a Ohl al:on RBBW.Ed Bond Proceeds Rtorve Bolanot I 01herFunds Non4idm. Admin Six-Month To al
S $931V 667 1 S - S 4.674.127 13 5 5786 59 S 2If0000 S $0.f10588
1 AtMA-H:6c DMIDW Im m4wlnlraslr 1 12nVZ014 Ial uu fed to Im Ai art Area B69 12 N 4 1 S 434 81
1 #
4 CBO-Hottl Ffefno(OPA(4) OPp1DDAF WIVILt8 E�i92611 61302015 Hotel Fresno,LLC Hauling-RNta6�1: JrvAtrordaow Central Business 1.984.1641 v 24,721 $ 24.721
on N,oual District
5 CBD-Property Basetl Impfdvem"t Improvemenl/lnfrasu 6/24/2010 13/24/2015 County of Fresno PBID Assessment-CBD Area Portion Central Business 40,76e >; 2,750 5,191
l0.';PBtpy 5 ucture District
6 Central City-Apple Vafey rmprovemenlitnfrastr 129/201I T2/3112014 Vamabe&Horn Oompfete planned infrastructure Central City 697,955 N 353.027 $ 353,021
infrastructure(1) ucture Engineering,Apple Valley utlprovements related to expanded
Farms,Inc.
x _
9 convention 0""or-cwvonllom 0PA/DDA/C6=ruGi 1'1112005 C130MIS To Be Ddermhwd 511e Pmpernllnr(mWnWu rce, CmwhWn Center 3,308,862 N 2,519,831, $ 2.510,887
tenter Development-Old Armenian an fencing,property acquisition per
1-own LLC(5) relocation agreement(various
)
10Cprlvefl6ppOonkr-I-WorcHorner L19wa w 7ti"08 M12014 To Be Determined ReloceBONrestorationofhlst4dc CorwAlonCenter 321.714 N 137,02T 8 137,D2F
houses
11 Coil•i lion Cerdw-Property Based onprovemen0lntrestr fv2412010 025/2015 County Of Fresno PBID Assessment-Conventlon Center Convention Center Z419 N i71 $ 471
Im vmfettl L$601dI ID uckve Area Portion
12 Fwy OMM-FWIWU VYinVOPA(1) OPAIDDA1Cvalruril 3f4=1 72131II2014 l-FS Investments,LLC Housing-Owner Participation Freeway 991GS 251,721 N 242.221 5 242,221
on Atireement
IB Fulton-L Street Project/OPA(1) OPA/DDA/Construcll 81/9/2011 12/3112014 FFDA Properties,LLC Housing-Owner Participation Fulton 252.361 N 252,361 $ 252.361
an / reement
17 Ft4ron-1812 Fallon Sveovr7PA(2) 0PA/DDA7Cons1rucfi 2021111 121312014 FFDA Properties,LLC HMALN-Owner Poniopanan Fulton 7,1)0.5 N 7.(m 5 7,DD5
. an A neemenl
18FWton-1008Brnadw4OPA(3) • OPA)DDA/COnslrutdi il/9/2011 17n12014 FFDA%pa6m,LLC Housing-Owner Partiefpaliwt Fallon 830,471 N 424,721 S 424.721
on f re= t
19 Fulton-1636-1660 Broadway/OPA OPAuD1ACmNWrlt 41/9/2011 12/31/2014 FFDA Properties,LLC Houslnp-Owner:PwacIp um Fulton 969,970 N 494.721 5 494.721
< on ftrement
20 FW!on-Futon&Caler%raslOPA(5)0PA0QAJC*vJMW 11011 111J02016 !-FDA Properties,LLC ftrS.V-Prvrl4r Ptfidp iltin Fulton 2.376,987 H 24,721 S 24,721
M meal
22.lefferson-CMC Regional Medical WAfUDAMOM19tfr"171/1995 171l2016 CMC Agreement for CMC Regional Medical JuMmon 321.471 N 6,37t $ 6,377
Cerdw on Cenlor Emnaition
24%)rIposa-2007 fAArIpD89 Tar Bonds Issued On or U112003 P122D23 Elanl(of New York infrastructure projects Mariposa 4,00B,855 N 88,89e 5 86,B99
mocallon Bonds 4 Before 12/31/10
4 f2oeding-California Infrastructure Third-Party Loans 8/3/2009 1102033 California Infrastructure& Infrastructure improvements in Roeding 2.414.610 N 94.132 S 94.138
flank Loan(3) Economic Development Roeding Business Park Project Area
Ban4
27 SVN-Foundry Park CFDA5 0PA1D0AAJMatrtl0 10/22/1999 H/1/2031 tRCP=P"mW Reimbursement regarding Foundry South Van Ness 1,189,102 N $
0"ow A roemeo!M on Park infrastructure
30 SOulhwest Fresno GNRA and Bonds Issued On or 3122➢Di 0/22018 Bank of New YorK Bonds issued to fund non-nousing Southwest Fresno 41093,832 V 802,52p 5 802.52;
FrruiVChurch-2001 Merger 2 Tax Before 12/31/10 projects in Southwest Fresno
11Uocallan Bonds a
31 lSwbAwlFmsmo-Edison Plun 11 0PAWOA1Cdrm1rwQ 3/92011 tB21010 Edison Partners How -ODA-F6fwdeND HOceang Soumwest Fresno 5,757,92E N 2.852.221 2,852,221
tm pn
33 Properly Maintenance(2) Property 6/8/2008 V30/2015 E:OC Maintenance of Agency Owned Al 374.285 N 55,190 $ 95,190
Wlri nahcs Pr 'es
34 Property SalelCisposllon of Agency Property Fl"iWne 211=12 sr'012016 M Froperty sale,Bile,closing, NI 1,380,485 N 348,682 389,073 5 737,756
Properties(8) maintenance,project cost,insurance,
[:octx
35 Annual DisdF'AanllaltaLac4lion Professional 611/2001 3 Wlldan F*anclal.Hank W Cags kr anMlal dladoatsp repona For Madpow d N
bonds(10) Services NY Melon bonds-Moved to Administrative Southwest Fresno
Mat
36 CALPERS Unfunded and Employee Unfunded Liabilities 11/1/2000 'l2/31/2023 CALPERS,Employees CALIPERS unfunded amount and RJA 2,557,582 N 167.374 S 1b7,374
1
eave Payout(12) payouts of accrued leave to employees
Recognized Obligation Payment Schedule(ROPS)14-15A-ROPS Detail
July 1,2014 through December 31,2014
(Report Amounts In Whole Dollars)
A B C D E F G H I J K L M N O P
Fundina Source
Nan-Redevelopment Property Tax Trust Fund
M-19PTT RPTTF
ContractlAgreement ContractlAgreement Total Outstanding
Item Project-Name Debt Obligation Obligation T a EmaAlun Date Tm In Um Dole PA Descrl dorJProiecl Scope KoWV Area Debtor offer- Retired Bond Proceeds Reserve Bafonoe Other Funds Non-Admin Admin Six-Month Total
37 F:PA Grant(13)-Reimbursements Professional 025/2012 TM416 TBID Brownfields 90,000 ?! a5,0➢0 5 45,p00
ctfseteasln Services
38 Successor Agency Administrallye Admin Costs 7/1/2014 4i/3012015 TBD Admimstrauon, N1.1 250,900 N 250,000 5 250,004
Bud et"11) CneraOons/Maintenance
3P FaciLiies Loose 6mwn CMISi BT 1 SwQ013 Bw n lnw Emenls.LP FooMties Loris N1A 14
40 Due Ellilgence IAwU Dlsselulion Audit% 1fIFM14 6rV2034 Pdbb.P e CPA Sole Regufred Due DlIVMe.Audrl I. Y
41 Audit Professional 711/2014 1,=1/2014 CPAY•Moaon GiN.Xu%a RuCuired Annual FV Audit 5g000 N 50,000 S 50,um
Services
S
Recog I—Oblig.11en Payment SCM1edule(ROPS)1445A-Reportal PHpr P.d djuelmenfa
gep—d Ipr h,BOPS 13.14A(July 1,20131M1raugh December 31,2013)Penotl Punuanl to HeaIIM1 antl SeleM Lode(H3O)aecgon 34156(a)
WTf f1.1aACAC ppA.n N 5em N.hwC.Cq..aae^.IlalawGtlli1F1Yy/erHYrye.evW
tOF513-14A Successor Agancy(SAl3oltmpprt.tl Prlpr P.riotl Atlfuslmenu lPPAl:Punuenl la FiSO Sacg.n?410fi(e),SAs em mquindlo repod lM1e tligercnces beL.cen NeirecWal ev.ileble lunoing antl Neir eclual upendiWRs ler Na ROP51114A(July IMCugM1 Deronmer3o13)podotl TTe am.unl of tM FeC IW brGKaWhNb MerYw we+enW.eIW IMMMM werMYer 1lweea eaMltle
Ftetlevelppmenl PropeMTa*T^�at Fuetl IRPTTF)appmvetl for lM1e ROP514-15A(Juty NrougM1 December2011)peHptivAll be plleel by lM1e SA'e sellrspotletl ROPS 1314Apdorpefiod etljuslmenL HSOSecligg 34186(a)elsp speuges lM1al Pa poor Podotl atlluelmenle aelfrepMetl by SA.are subjeU to.utlil by wr PPw ftM r./rp LgpllCyYr�llnla�a•IeFY�YI
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Recognized Obligation Payment Schedule 14-15A-Notes
July 1.2014 through December 31,2014
Item# NoteslComments
I
FOOTNOTES TO ROPS 14-15A-REPORT OF CASH BALANCES
COLUMN E-DUE DILIGENCE REVIEW BALANCES RETAINED FOR APPROVED ENFORCEABLE OBLIGATIONS
(HOUSING SUCCESSOR RESERVES AS OF JANUARY 1,2013
2f1/12 Transfer from LMIHF to Housing Successor LMIHF DDR S 312 704.00
Less:Amount Paid to CAC pursuant to DOF's 1/11/13 Letter LMIHF DDR 168,354.001
Amount Approved for Retention by DOF LMIHF DDR 144,350.00
1/12 Transfer from RDA Other Funds to HousiqZ Successor OTHER DDR 17,567,681.00
Less:Amount Requested to be Paid to CAC by DOF pursuant to 6/27/13 Letter OTHER DDR (4,933,178.001
Amount Approved for Retention bV DOF OTHER DDR 12,634,503.00
Plus:Amount from above held in Reserve pending Lawsuit Resolution OTHER DDR 4,933,178.00
Sub-Total Held by Housing Succesor From RDA Other Funds OTHER DDR 17,567,681.00
Sub-Total Held by Housing Successor from RDA Other and LMIHF Funds 17,712,031.00
Less: Housing Obligations Paid During 2/1/12-6/30/12 of ROPS I Period approved by DOF OTHER DDR MEET&CONFER (74,75&07
Less: Housing Obligations Paid During ROPS II Period approved by DOF OTHER DDR MEET&CONFER (2,230,365.25
Total Reserves Held by Housing Successor as of January 1,2013 S 15 406 907.68
SUCCESSOR AGENCY RESERVES AS OF JANUARY 1 2013
Reserve:Approved for Retention by DOF for ROPS III-Item#19 Facilities Lease OTHER DDR 38,250.00
Reserves Approved for Retention by DOF for ROPS III-Item#40 Due Diligence Audit OTHER DDR 46,700.00
Amount Ap2roved for Retention by DOF per Other DDR 84.950.00
Plus:Available Balance per Other DDR requested by DOF to be Paid to CAC per Letter
dated 6/27/13 which is being held in Reserves pending Lawsuit Resolution OTHER DDR 3,187,2S6.00
Plus:$58,970 FMFC Receivable DOF requested Agency to payto CAC per 6/27/13 Letter;
however,the Agency has no source of funds to pay this obligation. OTHER DDR
Total Reserves Held By Successor Agency as of January 1 2013 $ 3,272,206.00
TOTAL HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES AS OF JANUARY 1,2013 $ ]8 679,113.68
EXPENDITURES FOR ROPS III FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES
Reserves Approved for Retention by DOF for ROPS III-Item#19 Facilities Lease OTHER DDR 38,250.00
Reserves Approved for Retention by DOF for ROPS III-Item#40 Due Diili ence Audit OTHER DDR 46,700.00
Housing Obligations Paid Duringthe ROPS III Period 346,970.79
Total Expenditures for ROPS III Paid from Housing Successor and Successor Agency Reserves $ 431,920.79
RETENTION OF AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE AS OF 6130/13 S 18,247 192.89
1-INE 1-HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES As OF JULY 1,2013 $ 18,247,192.89
Recognized Obligation Payment Schedule 14-15A-Notes
July 1.2014 through December 31,2014
Item# Notes/Comments
EXPENDITURES FOR ROPS 13-14A FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES
Housing Obligations Paid Duririg the ROP513-14Aperiod 255,.407.67
LINE 3-TOTAL EXPENDITURES FOR ROPS 13-14A PAID FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES $ 255,407.67
LINE 4-RETENTION OF AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE AS OF 12/31/13 $ 17,991,785.22
(ESTIMATED EXPENDITURES FOR ROPS 13-14B FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES
Estimated Housing Obligations to be Paid During the ROPS 13-14B Period 7 4,979,638.95
Fine 9-Total Estimated Expenditures for ROPS 13-14B to be Paid from Housing Successor&Successor Agency Reserves ($ 4,979,638.95
LINE 10-RETENTION OF ESTIMATED AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE
AS OFJUNE30,2014 $ 13,012,146.27
FOOTNOTES TO ROPS 14-15A-REPORT OF CASH BALANCES
COLUMN G-OTHER FUND SOURCE-RENT,GRANTS,INTEREST,ETC.
OTHER BALANCE AS OF JULY 1 2013
Amount Reported on ROPS 13-14B 228,255,55
LINE 1-OTHER CASH BALANCE AS OF JULY 1,2013 $ 228,255.55
OTHER 1IW WCDMEF 7 1
Project 09-CBD-Ace for Merchant Lot 10,779.33
Project 11-Conv Center-Ace for Van Nessjln o 3,886.31
Project 11-Conv Center-Pool Tables R Us 7,200.00
Project 35-SE FresnoRevit-CondoorSecurit Wrought Iron 3,600.00
Pro'ect58-SW Fresno-Kearne Palms 61.346.00
Project 08-SW Fresno-EOC-Franklin School 12.00
Project T6-Sale of Pro -Fidelity National Title for CIVIC(Required by DDA) 33 094.70
Project 00-Administration-Other Income 3,922.00
Project 00-Administration-Interest Income 670.91
Total Income From 7/1f13-12131/13x Held b Successor A ency as of January 1,2014 124,511.31
Plus: Uns ent ROPS II RPTTF Retained for Approved&Outstanding Enforceable Obligations as of 1/1/13(see ROP513-14B) 118,038.31
Plus: Unspent ROPS II RPTTF Retained to Cash Flaw EPA Grant Expenditures 1 12,708.32
Plus: Unspent Reserves approved for Retention by DOF for ROPS III-Item#40 Due Diligence Audit see ROPS 13-14B 4,200.00
Plus: ROPS 13-14A RPTTF Retained for Approved and Outstanding Enforceable Obligations as of 12/31/13 17,728.58
Plus: Retention of Portion of Line 38-Administration RPTTF Drawn in ROPS 13-14A for ROPS 13-14B 1. 210,062.00
LINE 2-TOTAL REVENUE INCOME FROM 711J13-12 31113 $ 387,249.52
i ETENTION OF AVAILABLE CASH BALANCE IActual 12 31 13
Other Fund Balance as of 12/31/13 to be Retained for DOF Approved ROPS 13-14B Expenditures (228,255.55
Plus: ROPS 13-14A RPTTF Retained for Approved and Outstanding Enforceable Obligations as of 12/31/13 (17,72&58]
Plus: Retention of Portion of Line 38-Administration RPTTF Drawn in ROPS 13-14Afor ROPS 13-14B (210,06100
LINE 4-RETENTION OF AVAILABLE CASH BALANCE(ACTUAL 12/31113) S (456,046.13)
LINE 6-ENDING ACTUAL AVAILABLE CASH BALANCE AS OF 12132113 $ 159 457.94
Recognized Obligation Payment Schedule 14-15A-Notes
July 1,2014 through December 31,2014
Item# Notes/Comments
Does not include income from EPA Grant or CIVIC Medical Office Building income which is used to offset applicable enforceable obligations
i
FOOTNOTES TO ROPS 14-15A-REPORT OF CASH BALANCES
COLUMN H-NOWADMIN RPTTF
1rHERE ARE PROBLEMS,AS DISCUSSED BELOW,WITH THE FORMULAS AND THE METHODOLOGY FOR THIS COLUMN.
'rHE WORKSHEET PROHIBITS ADMISSION OF FUNDS ON HAND FOR THE ROPS III PRIOR PERIOD ADJUSTMENTTHAT NEED TO BE
!USED TO BALANCE THE ROPS 13-14B REPORTING PERIOD. IN OUR CASE,ROPS 13-14B WAS APPROVED FOR$4,598,446 OF OBLIGATIONS;
HOWEVER,THE CAC ONLY FUNDED$2,136,858 BECAUSE THE ROPS III PRIOR PERIOD ADJUSTMENT AMOUNTED TO$2,461,588. IFTHIS
NUMBER 15 REPORTED IN THE ROPS 13-14A RECONCILIATION ATTACHED:A)IT FALLSTO THE BOTTOM LINE;B)BECOMES APART OFTHE
ADJUSTMENT FOR THIS ROPS 14-15A PERIOD JWHERE IT DOES NOT BELONG);AND,C)RESULTS IN A DOUBLE$2,461,588 ADJUSTMENT.
IF THE 52,461,588 IS SIMPLY ADDED TO LINE 1 AND A REQUEST IS MADE TO RETAIN IT FOR THE ROPS 13-14B REPORTING PERIOD WHERE
IT BELONGS,THE WORKSHEET ALLOWS THE RETENTION IN THE ROPS 13-14A PERIOD BUT THEN MOVES THE AMOUNT TO COLUMN F(WHERE IT
DOES NOT BELONG)RATHER THAN TO LINE 7 BEGINNING FUND BALANCE AT 1/1/14)IN COLUMN H. BELOW IS HOW WE BELIEVE COLUMN H
SHOULD READ:
Line 1: Be inning Cash Balance as of 7/1/13(see Footnote A below) 6,067,080
Line 2: Revenue/Income(Actual 12/31./13) 2.136,131
Line 3: Expenditures for ROPS 13-14A Enforceable Obligations (3,754,386)
Line 4: Retention of Available Fund Balance(12/31/13: ROPS III PPA needed for ROPS 13-14B) (2,461,587)
tine 5: ROPS 13-14A RPTTF Prior Period Adjustment(Cash to be Retained for BOPS 14-15A) (1,987,2381
Line 6: Ending Actual Available Cash Balance as of December 31,2013
line 7: Beginning Fund Balance as of 111/14(see Footnote B below) 4,448,826
i_ine 8: Revenue/Income 6/30/14 2,136,858
Line 9: Estimated Expenditures for 13-14B Enforceable obligations (4,598,446)
Line 10: Estimated Retention of Available Cash Balance(6/30/14)-ROPS 13-14A PPA needed for ROPS 14-15A) 1,987,238
Line 11: Estimated Ending Available Cash Balance as of June 30,2014(see Footnote B below)
Footnote A:
ON-ADM IN RPTTF RALANCE AS O R R D(
Cash Required for ROPS 11 PPA Deducted by CAC from ROPS 13-14A Distribution CAC DISTRIBUTION 3,605,493.00
Cash Required for ROPS III PPA to be Duducted by CAC from ROPS 13-14B Distribution CAC DISTRIBUTION 2,461,587.00
Total Nan-Admin RPTTF Balance Held By Successor Agency as of July 12013 $ 6,067,080.00
Footnote B:
AS QF)ANUARY 1.203.4 IMFORE ROPS 13-14D DI (BUTt
Cash Required for ROPS III PPA Deducted by CAC from ROPS 13-14B Distribution CAC DISTRIBUTION 2,461,587.00
Cash Required for ROPS 13-14A PPA to be Duducted b CAC from ROPS 14-15A Distribution CAC DISTRIBUTION 1,987,238.00
Total Non-Admin RPTTF Balance Held By Successor Agency as of January 1,2014 $ 4,448,825.00
I
I ! I
ITHE CHANGES DISCUSSED ABOVE HAVE BEEN INCORPORATED INTO COLUMN H OF THE REPORT OF FUND BALANCES. I
Recognized Obligation Payment Schedule 14-15A-Notes
July 1,2014 through December 31,2014
Item# NoteslComments k�
FOOTNOTES TO BOPS 14-15A-ROPS DETAIL
LINE -C D DOWNTOWN STADIUM AGREEMENT
CBD-Downtown Stadium Agreement:Line 3 of the Recognized Obligation Payment Schedule for ROPS III,ROPS 13-14A,AND ROPS 13-14B Downtown Stadium
Agreement.DOF has denied this enforceable obligation pursuant to letter dated December 18,2012;however,Successor Agency disagrees with this
cleterm;nation.Listed below are the amounts requested for ROPS III and the amounts which would have been requested for ROPS 13-14A,13-148 and 14-15A:
IAmount requested for ROPS III: $140,473 Amount which would have been requested for ROPS 13-14A: $742.56
Amount which would have been requested for ROPS 13-14B:$80,742.56 Amount which would have been requested for ROPS 14-1SA: $742.56
LJNE 11-CONVENTjON CENTER-RADISSON HOTEL
Convehtfon Center-Radisson Hotel:Line 8 of the Recognized Obligation Payment Schedule for ROPS III,ROPS 13-14A,AND ROPS 13-14B Radisson Hotel Notes 24&
25.DOF has denied this enforceable obligation pursuant to letter dated December 18,2012;however,the Successor Agency disagrees with this determination.
Listed below are the amounts requested for ROPS III and the amounts which would have been requested for ROPS 13-14A,13-148,and 14-15A.
Amount requested for ROPS HI: $100,743 Amount which would have been requested for ROPS 13-14A: $742.56
Arno un!t which would have been requested for ROPS 13-14B: $100,742.56 Amount which would have been requested for ROPS 14-15A:$742.56
FOOTNOTES TO ROPS 14-15A-REPORT OF PRIOR PERIOD ADJUSTMENTS
TUNE 16-COLUMN H-FULTON-LSTREEFPROJECT OP
The Department of Finance approved the expenditure of$240,000 purusant to its June 27,2013 Other Funds DDR final determination letter to
Successor Agency.
FOOTNOTES TO ROPS 14-15A-RULING OF WRIT OF MANDATE AND COMPLAINT FOR DECLARATORY AND INJUNCTIVE RELIEF
'The Successor Agency to the Redevelopment Agency of the City of Fresno received a Ruling of Petition for Writ of Mandate and Complaint for
Declaratory and Injunctive Relief from the Superior Court of California,County of Sacramento on February 11,2014.This ruling gave the
Mousing Successor to the Redevelopment Agency of the City of Fresno control over all Housing Assets,including$17,880,393 in cash;
consequently,the Successor Agency no longer has an obligation to report any activities of the Housing Successor. Because ROPS 14-15A was
prepared prier to receipt of the Februaryl1,2014 Ruling,the Housing Successor activities were shown on ROPS 14-15A and remain for
Informational purposes only.
Recognized Obligation Payment Schedule(ROPE 14-15A)-Summary
Filed for the July 1,2014 through December 31,2014 Period
Name of Successor Agency: Fresno Ci
Name of County: Fresno
�G- 3Gc!►n ��n �r
Current Period Requested Funding for Outstanding Debt or Obligation _ Six-Month Total
Enforceable Obligations Funded with Non-Redevelopment Property Tax Trust Fund(RPTTF)Funding
A Sources(B+C+D): $ 4,674,127
B Bond Proceeds Funding(ROPS Detail) -
C Reserve Balance Funding(ROPS Detail) 4,574,127
D Other Funding(ROPS Detail) -
E Enforceable Obligations Funded with RPTTF Funding(F+G): $ 5,436,459
F Non-Administrative Costs(ROPS Detail) 5,186,459
G Administrative Costs(ROPS Detail) 250,000
H Current Period Enforceable Obligations(A+E): $ 10,110,586
Successor Agency Self-Reported Prior Period Adjustment to Current Period RPTTF Requested Funding
I Enforceable Obligations funded with RPTTF(E): 5.436.459
J Less Prior Period Adjustment(Report of Prior Period Adjustments Column S) (1,987,238)
K Adjusted Current Period RPTTF Requested Funding(W) -$ 3,449,221
County Auditor Controller Reported Prior Period Adjustment to Current Period RPTTF Requested Funding
L Enforceable Obligations funded with RPTTF(E): 5,436,459
M Less Prior Period Adjustment(Report of Prior Period Adjustments Column AA)
N Adjusted Current Period RPTTF Requested Funding(L-M) 5,436,459
Certification of Oversight Board Chairman:
Pursuant to Section 34177(m)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 agency.
Isl
Signature Date
Recognized Obligation Payment Schedule(ROPS)14-15A-Report of Cash Balances
(Report Amounts in Whole Dollars)
Pursuant to Health and Safety Code section 34177(I),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 obli anon.
A B 0 L- F G H i
Fund Sources
Bondimoftds Reserve Balance Other RPTTF
Prior ROPS
RPTTF
Bonds Issued Bonds Issued Prior ROPS period distributed as Rent,
on or before on or after balances and DDR reserve for next Gfants. Non-Admin and
Cash Balance Information by ROPS Period 12131/10 01/01/11 balances retained bond payment Interest,Etc. Admin Comments
RAPS 13-14A Actuals(0710111 a-12131113
1 Beginning Available Cash Balance(Actual 07101113)
Note that for the RPTTF,1+2 should tie to columns J and O in the Report
of Prior Period Adjustments PPAs 118,247,193 228.256 6.067.080
2 Revenue/income(Actual 12131/13)
Note that the RPTTF amounts should tie to the ROPS 13-14A distribution
from the Countv Auditor-Controller during June 2013 387.249 2,136,131
3 Expenditures for BOPS 13-14A Enforceable Obligations(Actual
12131113)
Note that for the RPTTF,3+4 should tie to columns L and Q in the Report 255.408 3,754,385
4 Retention of Available Cash Balance(Actual 12(311431
Note that the RPTTF amount should only include the retention of reserves
for debt service approved in ROPS 13-14A 17,081,785 456.046 2.461,587
5 ROPS 13-14A RPTTF Prior Period Adjustment
Note that the RPTTF amount should tie to column S in the Report of PPAs. No.entry requuad
1,987.233,
G 1 Ending Actual Available Cash Balance
CtoG=(1+2-3-4),H=(1+2-3-4-5) 5 - 5 $ 0 $ 5 159.458 $ 0
ROPE 13-148 Estimate(01101114-06130/14
7 Beginning Available Cash Balance(Actual 01101/14)
(C,D,E,G=4+6,F=H4+F4+F6,and H=5+6)
S - 5 - $ 17,991,785 5 - $ 615,505 $ 4,448,826
8 Revenuellncome(Estimate 06130114)
Note that the RPTTF amounts should tie to the ROPS 13-14B distribution
from the County Auditor-Controller during January 2014 2.136,858
9 Expenditures for 13-14B Enforceable Obligations(Estimate 06/30114)
3� 456,046
10 Retention of Available Cash Balance(Estimate 06I30114)
Note that the RPTTF amounts may include the retention of reserves for
debt service approved in ROPS 13-14B 13.0.2,14463 1 a27.238
11 Ending Estimated Available Cash Balance(7+8-9-10)
$ - 5 - $ ❑ S - S 15$,458 5 0
Recognized Obligation Payment Schedule(R0PS)14-15A-ROPS Detail
July 1,2014 through December 31,2014
(Report Amounts in Whole Dollars)
A B C D E F G ` H I J K L M N O P
FuncEng Source
Nan-Redevelopment Property TaxTrusl Fund
Ner}RPTJ RPTTF
ContracVAgreement Contracf/Agreement Total Outstanding
t 9 Pr eK2:lama 1 Debt Obli atim Obli anon Type
Exaouticn Date Termination Date Payee Descr(ion/Pro'epl Sc.a Pr-ct Area Debtor atJarr RCerpd Bond Propeeds Rip"Baianne Other Funds NtlrFAdm[n Admin Six-Month Total
$ 3a 5B7 $ $ 4,674.127 3 3 5.96 459 $ 250 000 S 70 110 588
1 P,8 -In c DMUMF Jinrommmentirldramt,612114MI W31 4 kdim l0raffhoumto the Are¢ 069612 N I I I 434 1 5 4g4261
4 CBD-Hotel Fresno/OPA(4) OPA/DDA/Construc5&W011 W=016 Hotel Fresno.LLC Hou"•Rdhny17 mmaWkidallle Central Business 1,984,164 N 24,721
on Houstria Disldcd
5 OBD-Property Based Improvement imprr/urrwnNnffa6ir 6124,010 6/24r2D15 County of Fresno PBID Assessment-CBD Area Portion Central Business 40,764 N VIM 6.191
DiWrkt P0101 51 ualure Dislrict
6 Central City-Apple Valley knprovemenVlnfrastr'1/29/2011 i213l/2014 Yamabe&Hom Complete planned infrastructure Central City 697,95$ N 353.027 $ 353,027
Infrastructure(1) uclure Engineering,Apple Valley Improvements related to expanded
Farms,Inc ManWaG
"rorrvemionCenter-Convention OPA/DDA/ConstrocH T11112D05 6/30r-iDt6 To Be Determined Site Preparation,trralntenance, CunverYjenCenter 3,30%92 N 2,519,D8T 5 r2,519.8a7
Center Development-Old Armenian on fencing,property acquisition per
Town LLC(5) relocation agreement(various
erties
10 CpnwMim Center-Historic Houses Litigation V1/2009 12131/2014 To Be Determined Relocation/restoration of historic Convention Center 321,714 N 137.027 5 137.021
boums
11 Uonvention Canter-Property Based hTprovemenulnfrasu 6242D70 M52015 County Of Frwm PBID Assessment-Convention Center ComRnNUn Center L4i9 N 471 $ 471
1m ell Dwriol PRO 7) uclure Am Portion
12Fwy9WGS-PUtra7Wewl7PA(1) OPIMWD nslruca 21/412011 '1213112014 TFSlnymilmorb.LLC Housing-Owner Participation Freeway99/GS 251.721 N 242.221 $ 242,221
on 1 reemenl
le Fulton-L Street ProjecVOPA(1) OPAlDOAlCenstrucil 1/9/2011 12/312014 FFDA Properties,LLC Housing-Oymar Poruvpation Fulton 252.361 N 252,361 5 2$2,361
on reement
17 Fallm-1G12 Fulton Suoe4OPA C2) OPArODAiCenstruetl:V92011 12/31/2014 FFDA Properties,LLC Housing-Owner Participation Fulton 7,00$ IN 7,005 $ 7,005
&I Aqfeamerrt
1al--ulton-1608Broadway1OPA(3) 0PA/DDaConstwct13192D11 12131r1D14 FFDA Properties,LLC Housing-O.W Pankipation Fulton 83D,471 N 424,21 $ 424.721
on erlf
19 Fullon-1636-16508roadway70PA OPAIDDA/Cwwtrud;31912011 12/31/2014 FFDA Properties.LLC Housing-Owner Participation Fulton 969,978 N 494.721 $ 494.721
4 on ! eemenl
20 Fulton-Fulton&Calaveras)OPA(5) OPA/DDA/Consuucd 3/92011 11 ram 113 FFDA Properties,LLC Housuug-owner Parlidpauon Fulton 2,376,987 N 24,721 $ 24,721
onAgrBomeh.
22 Jarferaan•Cm1C Reglpnal MndlWl 0PNDDA7ConsWW 7/111995 711/2016 :MC Agreement for CIVIC Regional Medical •Jefferson 321.471 N 6,377 S G,377
Center 2 an Cenral,Expansion
24 Mariposa-2003 Mariposa Tax Sonds Issued On or 41h/2003 2.02D23 Fiank of New York Infrastructure projects knanposa 4,066,855 N 86,898 5 t wsBi
Allocation Bonds(4) B,,fwe i^J3111f1
25 Rootlin California Irlraslrumure Third-Party Loans Br3r2006 822033 colorw Intraeplrrl<Ire& m,lrastrucwre amprovaminls In Roeding 2.414,610 N 94,132 5 94.132
Bank Loan(3) Economic Development Roeding Business Park Project Area
Bank
27 SVN-Foundry Park CFD55 OPA/DDATCMWUd I 1CY2VIM W0031 pa7FlFseNSR; as Reimbursement regarding Foundry South Van New 1,189,102 N S
0"toper A4WWr4 on Park infrastructure
30 Southwest Fresno GNRA and Bonds Issued On or 111121111 8l22011 Bank of New York Bonds issued to fund non-lousing Souhwest Fresno 4,093,832 N 802,523 5 BU[,520
Fruit/Church-2001 Merger 2 Tax Before 12/31/10 projects in Southwest Fresno
90
Ri6W Fiord"(2)
3l Southwest Fresno-Edison Plaza ll OPA/DDA/Conslructl 019/2011 7J282016 Edison Partners HWs6V-00A-Affordable Housing Southwest Fresno 5,757,925 N 2,852,221 2,852,7L4
3 nn
33 Property Maintenance(2) Property 51820D8 fi/302D15 Eioc Imaimenance of Agmncy Owned Ail 374,285 N 95,1W $ 95.190
l,Cathilimnoe Pro ernes
34 Property Sate)Dwposloon of Agency Proparq D(sposnitarrc 7J12012 (31302016 TBD Propertysele,title,closing, Alt 1,380.485 N 348,682 3B9,D73 5 737,755
Properties(8) mainlenance,project cost,insurance,
Costar
35 Annual Disclosurellax allocation Professional $r1/2001 7J22023 Wtlden FinarltdaL Hank pl Costs for annual disclosure reports for Mariposa S N
bonds(10) Services NY Melton bonds-Moved to Administrative Southwest Fresno
l3Ud
36 CALPFRS Unfundalf lima Employee Urdunded L1aWl8ea 11112D00 12rd1r1023 CALPERS,Employees CALPERS unAlyded amou ryl and N/A 2.557,588 N 167,374 5 167,374
Lexc Payout(12) payouts of accrued leave to employees
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nepMad rariha ROP513-1iA(July 1,2013 Nmugh Dewmbar3l,2a13)Period Pursuant to Health antl Sxely Deds(HSD)se-ulee(a)
RIDP51}1aA DAO PPA:To be mnpkYd byIMCAO upon zubmidalollha ROP51415A by Iha SA IoF ante and
IpVy1Y1l0.�uCcsaarFp.Ky{E�11My�P�ad'^oapvlodi{.awlwtlla ✓1R�1�a,M1Ysa�'Ggvl�s150W.4.ssN laW�adlsnwrlH�Pawva W+as+9q.✓Wa�maaaal,�lutW)ini>•wrnw n�rl�a�als RO�'1AiH MN'�asaa7l0Y�rr�'JO>171d'�"M> d eis GC Nola het GGs Wlrleedb Wrtlhvaan lemvlas ul lha tine dsmisvelpunuanl to Na rnnnerinvJYch lhq
Relaraqutq�Rp[nr7ex Tl iFund(R—)approved for lhs BOPS 11-15A(1.1y Nmu.h 2M1)P0odvi11 be WYN YyTa Sas}saauaPPAYd RplS MF Par penesaty~ risWnwlb l+mrp! alYcrpa aarf-�alsd Rf+d A+a aa�koNSW b/ »Ilau W,*&Me°ae/'alWla�Om�Awp r4[SUes[s+1FxTawYaYnlatlrrryM111N/1/
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Recognized Obligation Payment Schedule 14-15A-Notes
July 1,2014 through December 31,2014
Item# NoteslComments I
FOOTNOTES TO ROPS 14-15A-REPORT OF CASH BALANCES
COLUMN E-DUE DILIGENCE REVIEW BALANCES RETAINED FOR APPROVED ENFORCEABLE OBLIGATIONS
fiOUSING SUCCESSOR RESERVES AS OF JANUARY 1,2013
t/1/12Transferfrom LMIHF to Housing Successor LMIHF DDR $ 312,704.00
Less:Amount Paid to CAC pursuant to DOF's 1/11/13 Letter LMIHF DDR 168,354.00
Amount Approved for Retention by DOF LMIHF DDR 144,350.00
it/1/12 Transfer from RDA Other Funds to Housing Successor OTHER DDR 17,567,681.00
Less:Amount Requested to be Paid to CAC by DOF pursuant to 6127113 Letter OTHER DDR (4,933,178.00
Amount Approved for Retention by DOF OTHER DDR 17,634,503.01)
Plus:Amountfrom above held in Reserve pending Lawsuit Resolution OTHER DDR 4,933,178.00
Sub-Total Held by Housing5uccesor From RDA Other Funds OTHER DDR 17,567,681.00
Sub-Total Held by Housing Successor from RDA Other and LMIHF Funds 17,712,031.00
Less: Housing Obligations Paid During 2/1/12-6 3D 12 of ROPS I Period approved by DOF OTHER DDR MEET&CONFER (74,758.07)
Less: Housing Obligations Paid During ROPS II Period approved by DOF OTHER DDR MEET&CONFER (2,230,365.25�
Total Reserves Held by Housing Successor as of January 1,2013 $ 15,406,907.68
RESERVES AS OF JANUARY 1 2013
Reserves Approved for Retention by DOF for ROPS III-Item#19 Facilities Lease OTHER DDR 38,250.00
Reserves Approved for Retention by DOF for ROPS III-Item#40 Due Diiligence Audit OTHER DDR 46,700.00
Amount Approved for Retention by DOF per Other DDR 84,950.00
Plus:Available Balance per Other DDR requested by DOF to be Paid to CAC per Letter
dated 6/27/13 which is being held in Reserves pending Lawsuit Resolution OTHER DDR 3,187,256.00
Plus:558,970 FMFC Receivable DOF requested Agency to pay to CAC per 6/27/13 Letter;
however,the Agency has no source of funds to pay this obligation. OTHER DDR
Total Reserves Held By Successor Agency as of January 1,2013 $ 3,272,206.00
TOTAL HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES AS OFJANUARY 1,2013 $ 18,679,113.68
(EXPENDITURES FOR ROPS III FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES
(Reserves Approved for Retention by DOF for ROPS III-Item#19 Facilities Lease OTHER DDR 38,250.00
Reserves Approved for Retention by DOF for ROPS III-Item#40 Due Diili ence Audit OTHER DDR 46,700.00
Housing Obligations Paid During the ROPS III Period 346,970.79
]fatal Expenditures for ROPS III Paid from Housing Successor and Successor Agency Reserves S 431,920.79
RETENTION OF AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE AS OF 6130113 $ 18,247,192.89
LINE 1-HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES AS OF JULY 1,2013 S 18,247,192.89
Recognized Obligation Payment Schedule 14-15A-Notes
July 1,2014 through December 31,2014
Item# Notes/Comments
EXPENDITURES FOR ROPS 13-14A FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES
Housing.Obligations Paid During the ROPS 13-14A period 255,407.67
LINE 3-TOTAL EXPENDITURES FOR ROPS 13-14A PAID FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES S 255,407.67
LINE 4-RETENTION OF AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE AS OF 12131/13 $ 17,991,795.22
ESTIMATED EXPENDITURES FOR ROPS 13-14B FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES
Estimated Housing Obligations to be Paid During the ROPS 13-14B Period F 4,979,639.95
Line 9-Total Estimated Expenditures for ROPS 13-14B to be Paid from Housing Successor&Successor Agency Reserves S 4,979,638.95
I
LINE 10-RETENTION OF ESTIMATED AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE
AS OF JUNE 30,2014 S 13,012,146.27
FOOTNOTES TO ROPS 14-15A-REPORT OF CASH BALANCES
COLUMN G-OTHER FUND SOURCE-RENT,GRANTS,INTEREST,ETC.
� l _
1PTHER 5ALANCE-M-OF-A.ILY 1 20_1.3
Amount Reported on ROPS 13-14B 228,255.55
,LINE 1-OTHER CASH BALANCE AS OF JULY 1,2013 I$ 228,255.55
THE V E 1 O M 7 1 - 31 J{
�Project 09-CBD-Ace for Merchant Lot 10,779.33
Project 11-Conv Center-Ace for Van NesVin o 3,886.37
Project 11-Conv Center-Pool Tables R Us 7,200.00
Project 35-SE Fresno Revit-Condoor Security Wrought Iron 3,600.00
Project 58-SW Fresno-Kearne Palms 61,346.00
Project 08-SW Fresno-EOC-Franklin School 12.00
Project T6-Sale of Prop-Fidelit National Title for CMC(Required bv DDA) 33,094.70
Project 00-Administration-Other Income 3,922.00
Project 00-Administration-Interest Income 670.91
Total Income From 7/1/13-12/31/13*Held by Successor Agency as of January 1,2014 I 124,511.31
Plus: Unspent BOPS II RPTTF Retained for Approved&outstanding Enforceable Obligations as of VV13 isee ROPS 13-14B 18,038.31
Plus: Unspent ROPS II RPTTF Retained to Cash Flow EPA Grant Expenditures 12,708.32
Plus: Uns ent Reserves approved for Retention by DOF for ROPS III-Item#40 Due Dili ence Audit see ROPS 13-1413j 4,200.00
Plus: ROPS 13-14A RPTTF Retained for Approved and Outstanding Enforceable Obli ations as of 12/31/13 17,728.58
Plus: Retention of Portion of Line 38-Administration RPTTF Drawn in ROPS 13-14A for ROPS 13-149 210,062.00
LINE 2-TOTAL REVENUE/INCOME FROM 7/1113-12 31113 $ 387,248.52
RETENTION OF AVAILABLE CASH BALANCE Actual 12 31 13
Other Fund Balance as of 1,2/31113 to be Retained for DOF Approved ROPS 13-14B Expenditures 228,255.55
Plus: ROPS 13-14A RPTTF Retained for Approved and Outstandin .Enforceable Obligations as of 12/31/13 (17,728.58�
Plus: Retention of Portion of Line 38-Administration RPTTF Drawn in ROPS 13-14A for ROPS 13-14B (210,052M
LINE 4-RETENTION OF AVAILABLE CASH BALANCE jAcTUAL 12j31113 I S (456,046.13
LINE 6-ENDING ACTUAL AVAILABLE CASH BALANCE AS OF 12131/13 $ 159,457.94
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Recognized Obligation Payment Schedule 14-15A-Notes
July 1,2014 throuah December 31,2014
Item# Notes/Comments
FOOTNOTES TO ROPS 14-15A-ROPS DETAIL I
LINE 3-CBD DOWNTOWN STADIUM AGREEMENT
I CBD-Downtown Stadium Agreement:Line 3 of the Recognized Obligation Payment Schedule for ROPS III,ROPS 13-14A,AND BOPS 13-14B Downtown Stadium
Agreement.DOF has denied this enforceable obligation pursuant to letter dated December 18,2012;however,Successor Agency disagrees with this
determination.Listed below are the amounts requested for ROPS III and the amounts which would have been requested for ROPS 13-14A,13-14B and 14-SSA:
Amount requested for ROPS III: $140,473 Amount which would have been requested for ROPS 13-14A: $742.56
Amount which would have been requested for ROPS 13-146:$80,742.56 Amount which would have been requested for ROPS 14-15A: $742.56
CONVENTIONLINE 11- CENTER-RADTSSOMBOT§L
Convention Center-Radisson Hotel:Line 8 of the Recognized Obligation Payment schedule for ROPS III,ROPS 13-14A,AND ROPS 13-14B Radisson Hotel Notes 24&
25.DOF has denied this enforceable obligation pursuant to letter dated December 18,2012;however,the Successor Agency disagrees with this determination.
Listed below are the amounts requested for ROPS III and the amounts which would have been requested for ROPS 13-14A,13-14B,and 14-15A.
Amount requested for ROPS III: $100,743 Amount which would have been requested for ROPS 13-14A: $742.56
Amount which would have been requested for ROPS 13-1413: $100,742.56 Amount which would have been requested for ROPS 14-15A:$742.56
FOOTNOTES TO ROPS 14-15A-REPORT OF PRIOR PERIOD ADJUSTMENTS
COLUMN H-F L N-L STOEET PROJ PA
jThe Department of Finance approved the expenditure of$240,000 purusant to its June 27,2013 Other Funds DDR final determination letter to
successor Agency.
FOOTNOTES TO ROPS 14-15A-RULING OF WRIT OF MANDATE AND COMPLAINT FOR DECLARATORY AND INJUNCTIVE RELIEF
The Successor Agency to the Redevelopment Agency of the City of Fresno received a Ruling of Petition for Writ of Mandate and Complaint for
IDeclaratory and Injunctive Relief from the Superior Court of California,County of Sacramento on February 11,2014.This ruling gave the
(Housing Successor to the Redevelopment Agency of the City of Fresno control over all Housing Assets,including$17,880,383 in cash;
consequently,the Successor Agency no longer has an obligation to report any activities of the Housing Successor. Because ROPS 14-15Awas
Inepared prior to receipt of the February 11,2014 Ruling,the Housing Successor activities were shown on ROPS 14-15A and remain for
Informational purposes only.
Recognized Obligation Payment Schedule(RODS 14-15A)-Summary
Filed for the July 1,2014 through December 31,2014 Period
Y� / // Name of Successor Agency: Fresno City
�}-J 1 3/4 Name of County: Fresno
�/ l/ I Current�41
r� ��" Period Requested Funding for Outstanding Debt or Obligation Six-Month Total
�'
Enforceable Obligations Funded with Non-Redevelopment Property Tax Trust Fund(RPTTF)Funding
A Sources(B+C+D): $ 4,674,127
B Bond Proceeds Funding(ROPS Detail) -
C Reserve Balance Funding(ROPS Detail) 4,674,127
D Other Funding(ROPS Detail) -
E Enforceable Obligations Funded with RPTTF Funding(F+G): $ 5,436,459
F Non-Administrative Costs(ROPS Detail) 5,186.459
G Administrative Costs(ROPS Detail) 250.000
H Current Period Enforceable Obligations(A+E): $ 10,110,586
Successor Agency Self-Reported Prior Period Adjustment to Current Period RPTTF Requested Funding
!; I Enforceable Obligations funded with RPTTF(E): 5,436,459
J Less Prior Period Adjustment(Report of Prior Period Adjustments Column S) (1,987,238)
K Adjusted Current Period RPTTF Requested Funding(W) $ 3,449,221
County Auditor Controller Reported Prior Period Adjustment to Current Period RPTTF Requested Funding
L Enforceable Obligations funded with RPTTF(E): 5,436,459
M Less Prior Period Adjustment(Report of Prior Period Adjustments Column AA)
N Adjusted Current Period RPTTF Requested Funding(L-M) 5,436,459
Certification of Oversight Board Chairman:
Pursuant to Section 34177(m)of the Health and Safety code,I hereby
certify that the above is a true and accurate Recognized Obligation Name TWO
Payment Schedule for the above named agency. Is/
Signature Date
Recognized Obligation Payment Schedule(ROPS)14-15A-Report of Cash Balances
(Report Amounts in Whole Dollars)
Pursuant to Health and Safety Code section 34177(I),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 re wired b an enforceable obligation.
A B C D E F G In I
Fund Sources
Bond Proceeds Reserve Balance Other RPTTF
Prior ROPS
RPTTF
Bonds Issued Bonds Issued Prior ROPS period distributed as Rent,
on or before on or after balances and DDR reserve for next Grants, Non-Admin and
Cash Balance Information by ROPS Period 12/31/10 01/01/11 balances retained bond payment Interest.Etc. I Admin I Comments
IROPS 13-14A Actuals 07/01/13-12131113
1 Beginning Available Cash Balance(Actual 07101/13)
Note that for the RPTTF,1+2 should tie to columns J and O in the Report
of Prior Period Adjustments PPAs 18,247,193 228,256 6,067.080
2 IRevenuellncome(Actual 12/31113)
Note that the RPTTF amounts should tie to the ROPS 13-14A distribution
from the County Auditor-Controller durinq June 2013 387,249 2,136,131
3 Expenditures for ROPS 13-14A Enforceable Obligations(Actual
12131113)
Note that for the RPTTF,3+4 should tie to columns L and Q in the Report 255.408 3,754,386
4 1Retention of Available Cash Balance(Actual 12/31113)
Note that the RPTTF amount should only include the retention of reserves
for debt service approved in ROPS 13-14A 17.991,785 456,046 2,461,587
5 ROPS 13-14A RPTTF Prior Period Adjustment
Note that the RPTTF amount should tie to column S in the Report of PPAs. No entry required
1.987.238
6 Ending Actual Available Cash Balance
CtoG=(1+2-3-4),H=(1+2-3-4-5) $ $ $ 0 $ - $ 159,458 $ 0
ROPS 13-14B Estimate(01/01114-06130114)
7 Beginning Available Cash Balance(Actual 01101114)
(C,D,E,G=4+6,F=H4+F4+F6,and H=5+6) $ $ $ 17,991,785 $ $ 615,505 $ 4,448,826
8 !Revenuellncome(Estimate 06/30114)
Note that the RPTTF amounts should tie to the ROPS 13-14B distribution
from the County Auditor-Controller during January 2014 2.136.858
9 Expenditures for 13-14B Enforceable Obligations(Estimate 06/30114)
4,979,639 1 1 456.0461 4,598,446
10 !Retention of Available Cash Balance(Estimate 06/30/14)
Note that the RPTTF amounts may include the retention of reserves for
debt service approved in ROPS 13-14B 13,012,146 1.987,238
11 Ending Estimated Available Cash Balance(7+8-9-10) $ -
- $ - $ 0 $ $ 159,458 $ 0
Recognized Obligation Payment Schedule(ROPS)14-15A-ROPS Detail
July 1,2014 through December 31,2014
(Report Amounts in Whole Dollars)
A B C D E F G Ii I J I, L M N O P
Funding Source
Non-Redevelopment Property Tax Trust Fund
7e'p,RPTT RPTTF
Contract/Agreement Contract/Agreement Total Outstanding
lem4 Pro¢rl Name/Debt Oblioation ObligailonType Execution Dale Terrnimilon Owe rodect Sco a Project Area Debtor Obi'atlon PRtlred Bond Proceeds Reserve Balance Other Funds Non-Admin Admin Six-Mwdh Taal
S 36.3".W7 - S 4.674127 1 5 - S -111B.4-9 S 20D00 S 10.110.6%
"Hotel
4014 rntec 1Mraa0uclur r ed m the A r}Area 869 612 IN 4?4.2A1 5 434 281
iIN
(4) OPA/DDA7Construcd 3V972011 9J3012015 Hotel Fresno,LLC tlousing-ReTahlO[alion7Allordabte Central Business 1,984,164 N 24,721 9 24,721
on District
CBD-Property Based Improvement Improvement/Infrastr 6/24/2010 0124/2015 Oountyof Fresno PBIDAssessment-CBD Area Portion Central Business 40,764 la 2.750 5,191 $ -1,942
DislrirJ PSID)(5i ucture Olstritt
6 Central City-Apple Valley improvemenl/Infrastr 4292➢11 Inl/2014 !famabe&Horn [:omplete plannetl inrrastructure Central City 697,955 N 353,027 S .351=
Infrastructure(1) ucture Engineering,Apple Valley prnprovements related to expanded
tit
E=ar Inc Tnarwfacyy' rlevel
9 Convention Center-Convent Clon CPAfi)0A n%UU l 7.11 V2005 6130/2016 T9 So Dslem&md Site Preparation,mamtenance, Convention Center 3.309.662 N 2.519,88; $ 2,519.88a
Center Development-Old Armenian on fencing,property acquisition per
'Town LLC(5) relocation agreement(various
raper5es
1OConventionCenter-Historic HousesLkffbm 7/1/2G09 12l3l/2014 To Be Determined RelocatloNrestoratlonoftirtorlc Convention Center 321.714 N 137,G'Lf $ 137,027
g houses
11 Convention Center-Property Based fr VnMmenufnfrapV E312412010 6252015 County Of Fresno PF➢p wwssr wli CghverWan t,�*r Convenlon Ccnler 2,419 N 471 $ 471
Lin OVB•rlant DjbJrlrl PBIp 7 uCrue Arms Portion
12I=wy991GS-Fultonia West/OPA(1) DPA/DDA/Constructl 3/4/2011 12)3112014 ITS Investments.LLC Honing-Ow PattiWpaf)aa Freeway 99/GS 251.721 N 242.221 5 242221
on AotW t
16 Freton-L Sirmf Pr4eWOPA(1) OPAIDDA/Construcll 3/9l2011 11213112014 FFDA Properties,LLC F{ousing-Owner Participation Fulton 252,361 N 252,361 b 2n'-ni
on eemenl
17 Fulton-1612 Fulton StreebOPA(2) CPA/DDA/ConstrUC83/92011 12MIM14 FFDA Properties,LLC Housing-Owner Partictpmon Fulton 7,U05 N 7.005 $ 7,005
or Agnmrcient
1 B Fulton-1608 Broadway7OPA(3) • 6PAIDDA/Conslructi:3/9/2011 12/31/2014 FFDA Properties,LLC Housing-Owner Participation Fulton 830.471 N 424,721 $ 424.721
Q reaman:
19 Fulton-1636-1660 eroadway7oPA DPA/DDA1Canstruc0:119/2011 '12/3V2➢14 FFDA Properties,LLC Housing-Owner Participation Fulton 969,978 N 494.721 $ 494,721
d on Agreement
20 Fulton-Fulton&Calaveras/OPA(5) OPWOD/VCore,tn.di a792011 11/30/2016 FFDA Properties.LLC Housing-Owner?aAidpatlwt Fulton 2,376.98T N 24,721 $ 24.721
011AGreement
2R 1e1TEraon-�Idid Regmmat T+edirat OPA/DDA/Do05lNctl 17111995 17I1I2016 CMC Agreement for CMC Regional Medical Jefferson 321,471 N 6.37T $ 6,377
Cenlor Z 0 Center r+siru+
24 Mariposa-2003 Mariposa Tax Dwol{&Sped On cr 871120➢3 922023 Dark of New York InhafVutlwe prOJ&r3s Mariposa 4,058,855 N b&b99 5 86,899
Allocation Bonds 4 9efofl 72l311S0
23 Roeding-Catrfomm infrastructure Them-Party Loans 61312009 &22033 Ca0lonfia 1nlraslructure& FnVasttoennElrtrp100emen! In Poeding 7414,610 N 94.132 5 94,132
Hank Loan(3) Economic Development Poeding Business Park Project Area
Elank
27 SVN-Foundry Park CFD#5 OFAQUAKArroOueU 10/22/1999 9/112031 2k Reimbursement regarding Foundry South Van Ness 1.189.102 N $
Devo1 Btamm�tI On Park infrastructure
30 Southwest Fresno GNRA and E3onds Issued On or 3/22001 8722018 {lank of New York 113onds issued to fund non-housing Southwest Fresno 4,L93.632 N 802,529 $ 802,529
Fruil/Church-2001 Merger 2 Tax Before 12131/10 projects in Southwest Fresno
Alpcalicn 8or rl 2
31 Southwest Fresno-Edison Plaza ll OPA/DDA1Construct137LJMI1 2/28/2016 Edison Partners !lowing-DOA-ANadebie limrslrg FouthwestFresno 5.757,926 N 2,852,221 2.852.221
3 on
33 Property Whin nirrc@ZZ) Property !i/8/2008 F0012015 EDC Maintenance of Agency Owned PoI 374,285 N g5,190 $ 95,190
Fdainlenance Pr 5lt!y
34 Property Sale/Disposition of Agency Property DtspL UOCG R/1/2012 6/30/2016 TBD Property sale,tale,dosing, A8 5,380,485 N 348,682 389,0 $ 737,75G
Properties(6) maintenance,project cost,insurance,
Costa,
35 Annual Disclosure/lax alocaton Professional EJ1/2001 :J2/2023 Wadan Finaoclat,Bank of Costs for annual disclosure reports for Mlariposa& N
bonds(10) Services NY Mellon hands-Moved to Administrative Southwest Fresno
B e3
35 CALP S UnTunded and Employe! Unfunded Liabilities 1111/2000 12/31/2023 IrALPERS,Employees I-ALPERS unfunded amount and NIA 2,557,588 N 167.374 $ 167,374
Leave Payout(12) payouts of accrued leave to employees
12
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R¢cognlaetl Obligallan Payment Schedule(ROPS)14ASA-Roped of Pdor Pedotl AdjusMants
pepoded for Ne ROPS 1}14A(July 1,20131hmugh Oecember31,201])Padotl Punuanl Ig Heallh antl 6aley Coda(HSC)secpan 34156(a)
BOPS a}aAA C11C PPA:To be mxrpeletl W the CAC upon eubm11a1 el the ROP51415A Dy the SA to Finance and
kO 1344A Sucttsser Agency ISAI Snll-nPded Prior P¢riotl Adj-.—(PPA)!Punuanl to HSC SecIIpn.1.(.),.Asarc nqulndlo rcpod Ne—.—beMeen lhei -.9 available funMng antl Nelraqual enpentliturts ler Ne RCFS 1}14A(JOy lhmugh Oecemher2013)podod TTeampunlol we Ca[,gar�NM LACe Wlneetlbsder lM1eir ovn lomuma al the line llam lrvtl punuanl to lM1e manner in v.McM1 lhq
RudaaalopmenlPmp¢rly Tax Tual Funtl(RP F)appmvdforlhe ROPS14-15A(JulyNmugh December2019)period will De ollaet by the SA'seelkapodetl ROP51314A piorpedotl atljusVMnL H6C SeGlgn 34196 ja)alsospecipes Nat Ne pdorpedotl atljuaMenla sel(ttpodetl by SAa an sublecl loeutlll by oaeegellmvPA asp Nola lhtl the atlmin amountsdonot need to be LPletl al Nellne Clem lavelantl may be--d
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Recognized Obligation Payment Schedule 14-15A-Notes
July 1,2014 through December31,2014
Item# NoteslComments
FOOTNOTES TO ROPS 14-15A-REPORT OF CASH BALANCES
COLUMN E-DUE DILIGENCE REVIEW BALANCES RETAINED FOR APPROVED ENFORCEABLE OBLIGATIONS
HOUSING SUCCESSOR RESERVES AS OF JANUARY 1.2013
211112 Transfer from LMIHF to Housing Successor LMIHF DDR $ 312,704.00
Less:Amount Paid to CAC pursuant to DOF's 1/11/13 Letter LMIHF DDR (168,354.00}
Amount Approved for Retention by DOF LMIHF DDR 144,350.00
2/1/12 Transfer from RDA Other Funds to Housing Successor OTHER DDR 17,567,681.00
Less:Amount Requested to be Paid to CAC by DOF pursuant to 6/27/13 Letter OTHER DDR (4,933,178.00]
Amount Approved for Retention by DOF OTHER DDR 12,634,503.00
Plus:Amountfrom above held in Reservepending Lawsuit Resolution OTHER DDR 4,933,178.00
Sub-Total Held by Housing Succesor From RDA Other Funds OTHER DDR 17,567,681.00
Sub-Total Held by Housing Successor from RDA Other and LMIHF Funds [ 17,712,031.00
Less:Housing Obligations Paid During 2/1/12-6/30/12 of ROPS I Period approved by DOF OTHER DDR MEET&CONFER [ 74,758.07
Less:Housing Obligations Paid During ROPS II Period approved by DOF OTHER DDR MEET&CONFER (2,230,365.25)
Total Reserves Held by Housing Successor as of January 1 2013 $ 15,406,907.68
_ 13000ESSOR AGENCY RESERVES AS OF JANUARY 1,2013
Reserves Approved for Retention by DOF for ROPS III-Item#19 Facilities Lease OTHER DDR 38,250.00
Reserves Approved for Retention by DOF for ROPS III-Item#40 Due Diiligence Audit OTHER DDR 46,700.00
Amount Approved for Retention by DOFper Other DDR 84,950.00
_ Plus:Available Balance-per Other DDR requested by DOF to be Paid to CAC Rer Letter
dated 6/27/13 which is bein held in Reserves pendinZ Lawsuit Resolution OTHER DDR 3,187,256.00
Plus:$58 970 FMFC Receivable DOF requested Agency to a to CAC per 6/27/13 Letter; [
however,the Agency has no source of funds to pay this obligation. OTHER DDR
Total Reserves Held B Successor Agency as of January 1,2013 $ 3,272,206.00
TOTAL HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES AS OFJANUARY 1,2013 $ 18,679,113.68
EXPENDITURES FOR ROPS III FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES
Reserves Approved for Retention by DOF for ROPS III-Item#19 Facilities Lease OTHER DDR 38,250.00
Reserves Approved for Retention by DOF for ROPS III-Item#40 Due Diiligence Audit OTHER DDR 46,700.00
1-lousing Obligations Paid During the ROPS III Period 346,970.79
Total Expenditures for BOPS III Paid from Housing Successor and Successor Agency Reserves $ 431,920.79
RETENTION OF AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE AS OF 6130f 13 $ 13,747,192.89
LINE 1-HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES AS OF JULY 1,2013 $ 18 247 192.89
Recognized Obligation Payment Schedule 14-15A-Notes
July 1.2014 through December 31.2014
Item# Notes/Comments
EXPENDITURES FOR ROPS 13-14A FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES
Housing Obligations Paid During the ROPS 13-14A period 255,407.67
LINE 3-TOTAL EXPENDITURES FOR ROPS 13-14A PAID FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES I$ 255,407.67
LINE 4-RETENTION OF AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE AS OF 12/31/13 $ 17,991,785.22
ESTIMATED EXPENDITURES FOR ROPS 13-14B FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES
I-stimated Housing Obli ations to be Paid During the ROPS 13-14B Period T 4,979,638.95
Line 9-Total Estimated Expenditures for ROPS 13-14B to be Paid from Housft Successor&Successor Agency Reserves I S 4,979,638,95
I
LINE 10-RETENTION OF ESTIMATED AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE
AS OF JUNE 30,2014 $ 13,012,146.27
FOOTNOTES TO ROPS 14-15A-REPORT OF CASH BALANCES
COLUMN G-OTHER FUND SOURCE-RENT,GRANTS,INTEREST,ETC.
THER BALANCE AS OF JULY 1 2013
amount Re,ported on ROPS 13-14B 228,255.55
FINE 1-OTHER CASH BALANCE AS OF JULY 1,2013 $ 228,255.55
R REV N Ell M FR M 7
Project 09-CBD-Ace for Merchant Lot 1 10,779.33
Project 11-Conv Center-Ace for Van Ness/In o 3,886.37
Project 11-Conv Center-Pool Tables R Us 7,200.00
Project 35-SE Fresno Revit-Condoor Security Wrought Iron 3,600.00
Project 58-SW Fresno-Kearney Palms 61 346A0
Project 08-SW Fresno-EOC-Franklin School 12.00
Project T6-Sale of Prop-Fidelity National Title for CIVIC(Required by DDA 33,094.70
Project 00-Administration-Other Income 3,922.00
Project 00-Administration-Interest Income 670.91
Total Income From 7 13- 31/13*Held by Successor Agency as of January 1,2014 124,511.31
Plus: Unspent ROPS II RPTTF Retained for Approved&Outstanding Enforceable Obligations as of 111/13(see ROPS 13-14B) 18,038.31
I'lus: Um pent ROP511 RPTTF Retained to Cash Flow EPA Grant Expenditures 12 708.32
Plus: Uns ent Reserves approved for Retention by DOF for ROPS III-Item#40 Due Diligence Audit see ROPS 13-14B 4,200.00
Plus: ROPS 13-14A RPTTF Retained for Approved and Outstanding Enforceable Obligations as of 12/31/13 17,728.58
Plus: Retention of Portion of Line 38-Administration RPTTF Drawn in ROPS 13-14A for ROPS 13-14B 210,062.00
LINE 2-TOTAL REVENUE/INCOME FROM 7/1/13-12 31 13 $ 387,248.52
RETENTION OF AVAILABLE CASH BALANCE(Actual 12/31/13)
(Other Fund Balance as of 12/31/13 to be Retained for DOF Approved BOPS 13-14B Expenditures (228,255.55
Plus: ROPS 13-14A RPTTF Retained for Approved and Outstanding Enforceable Obligations as of 12/31/13 (17,728.581
Plus: Retention of Portion of Line 38-Administration RPTTF Drawn in ROPS 13-14A for ROPS 13-14B 1210,062.0
LINE 4-RETENTION OF AVAILABLE CASH BALANCE(ACTUAL 12131113) $ (456,046,13)
LINE 6-ENDING ACTUAL AVAILABLE CASH BALANCE AS OF 12/31/13 $ 159,457.94
Recognized Obligation Payment Schedule 14-15A-Notes
July 1.2014 through December 31,2014
Item# !Notes/Comments
•Does not include income from EPA Grant or CIVIC Medical Office Building income which is used to offset applicable enforceable obligations I
FOOTNOTES TO ROPS 14-15A-REPORT OF CASH BALANCES
COLUMN H-NON-ADMIN RPTTF
'THERE ARE PROBLEMS,AS DISCUSSED BELOW,WITH THE FORMULAS AND THE METHODOLOGY FOR THIS COLUMN.
THE WORKSHEET PROHIBITS ADMISSION OF FUNDS ON HAND FOR THE ROPS III PRIOR PERIOD ADJUSTMENT THAT NEED TO BE
USED TO BALANCE THE ROPS 13-14B REPORTING PERIOD. IN OUR CASE,ROPS 13-14B WAS APPROVED FOR$4,598,446 OF OBLIGATIONS;
I,OWEViR THE CAC ONLY FUNDED$2,136,958 BECAUSE THE ROPS III PRIOR PERIOD ADJUSTMENT AMOUNTED TO$2,461,588. IF THIS
NUMBER IS REPORTED IN THE ROPS 13-14A RECONCILIATION ATTACHED:A IT FALLS TO THE BOTTOM LINE;B BECOMES A PART OF THE
ADJUSTMENT FOR THIS ROPS 14-15A PERIOD(WHERE IT DOES NOT BELONG);AND,C)RESULTS IN A DOUBLE$2,461,588 ADJUSTMENT.
IF THE$2,461,588 IS SIMPLY ADDED TO LINE 1 AND A REQUEST IS MADE TO RETAIN IT FOR THE ROPS 13-14B REPORTING PERIOD WHERE
fT BELONGS,THE WORKSHEET ALLOWS THE RETENTION IN THE ROPS 13-14A PERIOD BUT THEN MOVES THE AMOUNT TO COLUMN F(WHERE IT
DOES NOT BELONG)RATHER THAN TO LINE 7 jBEGINNING FUND BALANCE AT VV14 IN COLUMN H. BELOW IS HOW WE BELIEVE COLUMN H
SHOULD READ:
Line 1: Beginning Cash Balance as of 711 13 see Footnote A below 6,067,080
Line 2: Revenue/Income(Actual 12131/13) 2,136,131
Line 3: Expenditures for ROPS 13-14A Enforceable Obligations [3,754,386
Line 4: Retention of Available Fund Balance(12/31/13):(ROPS III PPA needed for BOPS 13-14B) 12,461,5"
Line 5: ROPS 13-14A RPTTF Prior Period Adjustment(Cash to be Retained for ROPS 14-15A) (1,987,2381
Line 6: Ending Actual Available Cash Balance as of December 31,2013
Li
tine 7: Beginnin Fund Balance as of 1/1/14(see Footnote B below) 4,448,826
ne 8: RevenueJlncome 6/30114 2,136,958
Line9: Estimated Expenditures for 13-14B Enforceable Obligations (4,598,446
Line 10: Estimated Retention of Available Cash Balance(6/30/14)-ROPS 13-14A PPA needed for ROPS 14-15A) (1,987,2381
Line 11: Estimated Ending Available Cash Balance as of June 30,2014(see Footnote B below) -
Footnote A:
VON-ADMIN RPTTF BALANCE AS OF JULY 1 2013 fRrmpr ROPS 13-14A DISTRIBUTION
Cash Re wired For ROPS 11 PPA Deducted by CAC from ROPS 13-14A Distribution CAC DISTRIBUTION 3,605,493.00
Cash Required for ROPS III PPA to be Duducted by CAC from ROPS 13-14B Distribution CAC DISTRIBUTION 2,461,587.00
Total Non-Admin RPTTF Balance Held BM Successor Agency as of July 12013 $ 6,067,080.00
IFootnote B:
NON-ADMW 13MF BALAN EM OF 4ANUARY 1.2014 F RE ROPS 13-14B DISTRIBUTION_
{:ash Required for ROPS III PPA Deducted by CAC from ROPS 13-14B Distribution CAC DISTRIBUTION I 2,467,.587.00
[ash Required for ROPS 13-14A PPA to be Duducted by CAC from ROPS 14-15A Distribution CAC DISTRIBUTION 1,987,238.00
Total Non-Admin RPTTF Balance Held By Successor Agency as of January 1,2014 $ 4,448,825.00
1
THE CHANGES DISCUSSED ABOVE HAVE BEEN INCORPORATED INTO COLUMN H OF THE REPORT OF FUND BALANCES.
Recognized Obligation Payment Schedule 14-15A-Notes
July-1,2014 through December 31,2014
Item# I Notes/Comments
FOOTNOTES TO ROPS 14-15A-ROPS DETAIL
LJNE3- DDOWN7 TA lU G EQg T
CBD-Downtown Stadium Agreement:Line 3 of the Recognized Obligation Payment Schedule for BOPS III,ROPS 13-14A,AND ROPS 13-14B Downtown Stadium
Agreement.DOF has denied this enforceable obligation pursuant to letter dated December 18,2012;however,Successor Agency disagrees with this
determination.Listed below are the amounts requested for ROPS III and the amounts which would have been requested for ROPS 13-14A,13-14B and 14-15A:
.Amount requested for ROPS III: $140,473 Amount which would have been requested for ROPS 13-14A: $742.56
Amount which would have been requested for ROPS 13-14B:$80,742.56 Amount which would have been requested for ROPS 14-15A: $742.56
LINE 11-CONVENTION CENTER-RADISSON HOTEL
Convention Center-Radisson Hotel:Line 8 of the Recognized Obligation Payment Schedule for ROPS III,ROPS 13-14A,AND ROPS 13-14B Radisson Hotel Notes 24&
7'.5.DOF has denied this enforceable obligation pursuant to letter dated December 18,2012;however,the Successor Agency disagrees with this determination.
Listed below are the amounts requested for ROPS III and the amounts which would have been requested for ROPS 13-14A,13-14B,and 14-15A.
Amount requested for ROPS III: $100,743 Amount which would have been requested for ROPS 13-14A: $742.56
Amount which would have been requested for BOPS 13-146: $100,742.56 Amount which would have been requested for ROPS 14-15A:$742.56 I
FOOTNOTES TO ROPS 14-15A-REPORT OF PRIOR PERIOD ADJUSTMENTS
LINE 16-COLUMN H-FULTON-L STREET PROJECT/OPA
The Department of Finance approved the expenditure of$240,000 purusant to its June 27,2013 Other Funds DDR final determination letter to
Successor Agency.
FOOTNOTES TO ROPS 14-15A-RULING OF WRIT OF MANDATE AND COMPLAINT FOR DECLARATORY AND INJUNCTIVE RELEF
1
The Successor Agency to the Redevelopment Agency of the City of Fresno received a Ruling of Petition for Writ of Mandate and Complaint for
,Declaratory and Injunctive Relief from the Superior Court of California,County of Sacramento on February 11,2014.This ruling gave the
jHousing Successor to the Redevelopment Agency of the City of Fresno control over all Housing Assets,including$17,880,383 in cash;
;consequently,the Successor Agency no longer has an obligation to report any activities of the Housing Successor. Because ROPS 14-ISA was
prepared prior to receipt of the February 11,2014 Ruling,the Housing Successor activities were shown on ROPS 14-15A and remain for
informational purposes only.
Recognized Obligation Payment Schedule(RODS 14-15A)-Summary
/ Filed for the July 1,2014 through December 31,2014 Period
Name of Successor Agency: Fresno City
111 Name of County: Fresno
'Pr--
Current Period Requested Funding for Outstanding Debt or Obligation Six-Month Total
Enforceable Obligations Funded with Non-Redevelopment Property Tax Trust Fund(RPTTF)Funding
A Sources(B+C+D): $ 4,674,127
B Bond Proceeds Funding(ROPS Detail) -
C Reserve Balance Funding(ROPS Detail) 4,674,127
D Other Funding(BOPS Detail) -
E Enforceable Obligations Funded with RPTTF Funding(F+G): $ 5,436,459
F Non-Administrative Costs(ROPS Detail) 5.186,459
G Administrative Costs(ROPS Detail) 250,000
H Current Period Enforceable Obligations(A+E): $ 10,110,586
Successor Agency Self-Reported Prior Period Adjustment to Current Period RPTTF Requested Funding rt
I Enforceable Obligations funded with RPTTF(E): 5,436,459
J Less Prior Period Adjustment(Report of Prior Period Adjustments Column S) (1,987,238)
K Adjusted Current Period RPTTF Requested Funding(I-J) $ 3,449,221
County Auditor Controller Reported Prior Period Adjustment to Current Period RPTTF Requested Funding
L Enforceable Obligations funded with RPTTF(E): 5,436.459
M Less Prior Period Adjustment(Report of Prior Period Adjustments Column AA)
N Adjusted Current Period RPTTF Requested Funding(L-M) 5,436,459
Certification of Oversight Board Chairman:
Pursuant to Section 34177(m)of the Health and Safety code,I hereby
certify that the above is a true and accurate Recognized Obligation Name Tme
Payment Schedule for the above named agency. !sl
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Recognized Obligation Payment Schedule(ROPS)14-13A-ROPS Detail
July 1,2014 through December 31,2014
(Report Amounts in Whole Dollars)
A B C D E F G 14 1 J K L M N O P
FuMing Souroe
Non-Redevelopment Property Tax Trust Fund
Nor+RPTM RPTTF
ConlracVAgreement Contract/Agreement Total Outdam"
Ition 4 P - •Name/Debt Obll axon Ovi aeon Type Exen,fion Dare Tvrni ye Oale Pa Da t SCooe Proud Area Dept or❑ arson flOmd Bond Proceeds Re eBalanra Other Funds Nvn-Admin Admin q;x Mm+n)Total
s .667 S - s ra 127 s - S 188469 i 25d 000 5 16.170 0
IFrl:oc r Im wmenVrnf,aslr 011 121312D14 Inks e 1 N 434 1 4 t
A r8D-Hotel Fresno/OPA(4) OPp1D3A1Corestwd 319f2011 Grs0R015 Hotel Fresno,LLC Housing-RehabilitaOONAffordable Central Business 1,984.164 N 24,721 S 24.72t
er1 C1i51ria
8 CBD-Property Based lmpravW+lblt improvemenVlnfraslr fiN2412010 Co24/2015 County of Fresno PBIDA35eSsrrrmS-GBO Aron ParOtlrt Central Busllteas 40.764 N 2.750 5,191 S Z542
DfeMd PBID1 5 ucbAe District
0 Cerrtral City-Apple Va9ey lrlgaaramen9ln[raeV 1129/2011 '12/3112014 lfamahe 8 Horn Complete planned infrastructure central Cay 697,955 N 353,C727 $ 353,027
Infrastructure(1) ucture Engineering,Apple Valley Improvements related to expanded
F Inc, meraufe lovely mcrd
M
9 Convention Center-Convention OPAIDDA/Construcd 7 11/20D5 6�/3072016 To Be Determined site Pmpwatlon,ffuk uLmliim Convpi9on Center 3,309,662 N 2.519,887 S 2,519,887
Center Development-Old Armenian on lending,property acquisition per
Town LLC(5) relocation agreement(various
Properties)
10 Carnx+l9ar Cemar-l-lWadc F46im Litigation 77112009 12/31/2014 'To Be Determined Relocallorthestoration of historic Convention Center 321.714 N 137.027 $ IT.2'
6 tzuses
11 1 Convention Center-Property Based tmprovemenVlnfrastr 044/2010 En5/2015 County OF Fresno PBID Assessment-Convention Center Comlen:im Center Z419 N 471 $ 471
rovement District PBIDI 7 ucture IVea Paton
1 Fwy 99/GS-Fultonia WasVDPA(1) DPAMOAXanslruCG 31472011 17131/21)14 1FFS lame ergs.LLC Housing-Owner Participation Freeway 9g/GS 251,721 N 242,221 $ 242,221
an A reement
16 Fulton-L Street ProjectIOPA(1) OPA/OOAJCartetrugtl 2l/920ll 12131/2014 FFDA Properties,LLC HouslK-Owner Parlidpallvn Fulton M361 N 252,361 $ 252,361
on eemrn[
1T Fulton-1612 Fulton Stree(IOPA(2) OPACOAlcanatrudi ug/2011 127312014 FFDA Properties,LLC Housing-Owner PertIcIpallon Fulton 7.005 N 7,005 $ 7.005
- an Agreement
18 Fulton-1608 Broadway7OPA(3) - OPARDWCons3NGi;1/9/2011 12/31/2014 I-FDA Properties,LLC H0u V-Owner PartkJpn9on Fulton 1330,471 N 424.721 $ 424.721
vn Aorpeoww4
19 Fulton-1636-1660 Broadway/OPA OPAnX)AdCor6UW1 W912011 12/31/2014 FFDA Properties,LLC Hvushv-Oyamr PartiGpoupn Furion 969.976 N 494.721 S 454,771
(Al on Aqwonwnt
20 Fulton-FLdW 6 Calawras7GPA(R)OPW0DNCan6Uud5 31972011 11YdCY2010 FFDA Proportlas,LLC Housing-Owner Participation Fulton 2,376,9B7 N 24.721 $ 24.721
an Agreement
.Jefferson-CMC Regional Medical OPAODAXonalNdr 791/1995 171?2016 CMC Agreement for CMCRaglnrrel Faadicel Jelteraon 321,47t N 6.377 S G3-77
Center(2) on Center Expansion
24 Atu:pesa-20031Aanposa T" Bonds Issued On or tV1/2003 W212023 Bank of New York Infrastructure projects Manposa AW8,853 N B6,B59 $ 86.899
Lto:allm BDriW4J Before 12/31/10
28 Roeding-California Infrastructure Third-Party Loans 6/3/2009 BI272033 CalrlvtMa lydl'a6WEI#e S Infraatru4Wm trnprovemenls In Roeding 2,414,610 N 94,132 S 94,1s2
Flank Loan(3) Economic Development Roeding Buslness Park Project Area
Elank
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nepoded lof he POPS I 14A(July 1,20131hrough Oaumbef 31,2013)Period Punu4el to Health and SOHy Code(HSC)section 34186(a)
R OPS 13-14A CAC PPA:To be romplalld by ha LAL upon--1 al the POPS 14-15A by the SA to Finance and
FIOPS I3-t1A Succeaspr AO q(SA)Selfreporled PHofPeriod Adfualmeela)PPA):Puuueel to HSC Smiloe 341S5(a),SAs are required to repoH the dlfere—I,.—lheiraclual—I lbleiupNpg and lhelr equal expenditures for the POPS 1}14A(July though Oecembef 2013)period The amount of .e CAC Nla 1W LAGO HJI need 1p vW.rlheif pun—up al the ligl Hem I..alppry vlHCM1 lh,
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Recognized Obligation Payment Schedule 14-15A-Notes
July 1,2014 throw h December 31,2014
Item# Notes/Comments
FOOTNOTES TO ROPS 14-15A-REPORT OF CASH BALANCES
COLUMN E-DUE DILIGENCE REVIEW BALANCES RETAINED FOR APPROVED ENFORCEABLE OBLIGATIONS
4
JHOUSING SUCCESSOR RESERVES AS OF JANUARY 1.2013
2/1./12 Transfer from LMIHF to Housing Successor LMIHF DDR $ 31 704.00
Less:Amount Paid to CAC pursuant to DOF's 1/11/13 Letter LMIHF DDR (168,354.00J
Amount Approved for Retention by DOF LMIHF DDR 144,350.00
I
2/1/12 Transfer from RDA Other Fundsto Housirw Successor OTHER DDR 17,567,681.00
Less:Amount Requested to be Paid to CAC by DOF pursuant to 6/27/13 Letter OTHER DDR (4,933,178.00)
Amount Approved for Retention by DOF OTHER DDR 12,634,503.00
Plus:Amount from above held in Reserve pending Lawsuit Resolution OTHER DDR 4,933,178.00
Sub-Total Held by HousingSuccesor From RDA Other Funds OTHER DDR 17,567,681.00
Sub-Total Held by Housin&Successor from RDA Other and LMIHF Funds 17,712,031.00
Less: Housing Obligations Paid Durin 2/1/12-6/30/12 of ROPS I Period approved by DOF OTHER DDR MEET&CONFER (74,758.07)
Less: Housing Obligations Paid During ROPS 11 Period approvedby DOF OTHER DDR MEET&CONFER (2,230,365.25)
Total Reserves Held by HousinZ Successor as of January 1 2013 $ 15.406.907.68
�I UCCESSOR AGENCY RESERVES AS OF JANUARY 1 2013
Reserves Approved for Retention by DOF for ROPS III-Item#19 Facilities Lease OTHER DDR 38,250.00
Reserves Approved for Retention by DOF for ROPS III-Item#40 Due Miligence Audit OTHER DDR 46,700.00
Amount Approved for Retention by DOF per Other DDR 84,950.00
Plus:Available Balance per Other DDR requested by DOF to be Paid to CAC per Letter
dated 6/27/13 which is being held in Reserves pending Lawsuit Resolution OTHER DDR 3,187,256.00
Plus:858,970 FMFC Receivable DOF requested Agency to pay to CAC per 6/27/13 Letter;
however,the Agency has no source of funds to pay this obligation. OTHER DDR
Total Reserves Held By Successor Agency as of Janua 1,2013 $ 3,272,206.00
1FOTAL HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES AS OFJANUARY 1,2013 $ 18,679,113.68
I
EXPENDITURES FOR ROPS III FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES
Reserves Approved for Retention by DOF for ROPS III-Item#19 Facilities Lease OTHER DDR 38,250.00
Reserves Approved for Retention by DOF for ROPS III-Item#40 Due Diili ence Audit OTHER DDR 46,700.00
Housing Obligations Paid Duringthe ROPS III Period 346,970.79
�irotal Expenditures for ROPS III Paid from Housing Successor and Successor Agency Reserves $ 431,920.79
I
RETENTION OF AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE AS OF 6/30/13 $ "247,192.89
LINE 1-HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES AS OF DULY 1,2013 S 18 247 192.89
I
Recognized Obligation Payment Schedule 14-15A-Notes
July 1,2014 through December 31,2014
Item# I Notes/Comments
1XPENDITURES FOR ROPS 13-14A FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES
Housing Obligations Paid Duri the ROPS 13-14Aperiod 255,407.67
LINE 3-TOTAL EXPENDITURES FOR ROPS 13-14A PAID FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES $ 255,407.67
LINE 4-RETENTION OF AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE AS OF 12/31/13 S 17,991;785.22
kSTIMATED EXPENDITURES FOR ROPS 13-14B FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES
Estimated Housing Obl' ations to be Paid Duri. the ROPS 13-14B Period 4,979,638.95
Line 9-Total Estimated Expenditures for ROPS 13-14B to be Paid from Housinig Successor&Successor Agency Reserves $ 4,979,638.95
I
LINE 10-RETENTION OF ESTIMATED AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE ]
AS OF JUNE 30,2014 S 13,012,146,27
FOOTNOTES TO ROP514-15A-REPORT OF CASH BALANCES
t:OLUMN G-OTHER FUND SOURCE-RENT,GRANTS,INTEREST,ETC.^
OTHER BALANCER OFJULYI 2013
Amount Reported on ROPS 13-14B 228,255.55
LINE 1-OTHER CASH BALANCE AS OF JULY 1,2013 $ 228,255.55
I
OTHER REVENUE/INCOME FROM 7/1113-12131113)
Project 09-CBD-Ace for Merchant Lot '10,779.33
Project 11-Conv Center-Ace for Van Ness/In o 3,886.37
Project 11-Conv Center-Pool Tables R Us 7.200.00
Project 35-SE FresnoRevit-CondoorSecurit Wrought Iron 3,600.00
i'ro'ect 58-SW Fresno-Kearney Palms 61,346.00
!'ro'ect 08-SW Fresno-EOC-Franklin School 12.00
Project T6-Sale of Pro -Fidelity National Title for CIVIC(Required by DDA) 33,094.70
Project 00-Administration-Other Income 3,922.00
Project 00-Administration-Interest Income 670.91
Total Income From 7/1/13-12/31/13*Held by Successor Agency as of January 1,2014 124,511.31
Plus: Unspent ROPS II RPTTF Retained for A proved&Outstanding Enforceable Obli ations as of 111113 Isee ROPS 13-148 18.039.31
Plus: Unspent ROPS II RPTTF Retained to Cash Flow EPA Grant Expenditures 12,708.32
Plus: Unspent Reserves approved for Retention bX DOF for ROPS III-Item#40 Due Diligence Audit isee ROPS 13-146 4,200.00
Plus: ROPS 13-14A RPTTF Retained for Approved and Outstanding Enforceable Obligations as of 12/31/13 17,728.58
Plus: Retention of Portion of Line 38-Administration RPTTF Drawn in ROPS 13-14A for ROPS 13-14B 210,062.00
LINE 2-TOTAL REVENUE/INCOME FROM 7/1J13-1231J33 $ 387.248.52
dETENTION OF AVAILABLE CASH BALANCE Actual 12/31/13)
Other Fund Balance as of 1Z/33j13 to be Retained for DOF A proved BOPS 13-14B Expenditures 1 J228,255.551
Plus: ROP513-14A RPTTF Retained for Approved and Outstanding Enforceable Obligations as of 12/31/13 1 (17,728.58)
Plus: Retention of Portion of Line 38-Administration RPTTF Drawn in ROPS 13-14A for ROPS 13-14B 210 062.00
LINE 4-RETENTION OF AVAILABLE CASH BALANCE(ACTUAL 12/31/13) 1$ (456,046.13
LINE 6-ENDING ACTUAL AVAILABLE CASH BALANCE AS OF 12/31/13 $ 159,457.94
Recognized Obligation Payment Schedule 14-15A-Notes
July 1.2014 throw h December 31,2014
Item# Notes/Comments
•Does not include income from EPA Grantor CMC Medical Office Building income which is used to offset applicable enforceable obligations
I
I
FOOTNOTES TO ROPS 14-15A-REPORT OF CASH BALANCES
R OLUMN H-NON-ADMIN RPTTF
THERE ARE PROBLEMS,AS DISCUSSED BELOW,WITH THE FORMULAS AND THE METHODOLOGY FOR THIS COLUMN.
THE WORKSHEET PROHIBITS ADMISSION OF FUNDS ON HAND FOR THE ROPS III PRIOR PERIOD ADJUSTMENT THAT NEED TO BE
USED TO BALANCE THE ROPS 13-14B REPORTING PERIOD. IN OUR CASE,ROPS 13-14B WAS APPROVED FOR$4,598,446 OF OBLIGATIONS;
HOWEVER,THE CAC ONLY FUNDED S2,136,858 BECAUSE THE ROPS III PRIOR PERIOD ADJUSTMENT AMOUNTED TO$2,461,588. IFTHIS
NUMBER 15 REPORTED IN THE ROPS 13-14A RECONCILIATION ATTACHED:A IT FALLS TO THE BOTTOM LINE;B)BECOMES A PART OF THE
ADJUSTMENT FOR THIS ROPS 14-15A PERIOD WHERE IT DOES NOT BELONG);AND,C)RESULTS IN A DOUBLE$2,461,588 ADJUSTMENT.
IF THE$2,461,588 IS SIMPLYADDED TO LINE 1 AND A REQUEST IS MADE TO RETAIN IT FOR THE ROPS 13-14B REPORTING PERIOD WHERE ]
IT BELONGS.THE WORKSH EET ALLOWS THE RETENTION IN THE ROPS 13-14A PERIOD BUT THEN MOVES THE AMOUNT TO COLUMN F(WHERE IT
DOES NOT BELONG)RATHER THAN TO LINE 7(BEGINNING FUND BALANCE AT 1/1/14)IN COLUMN H. BELOW IS HOW WE BELIEVE COLUMN H
SHOULD READ:
Line 1: Beginning Cash Balance as of 7/1/13(see Footnote A below) 6,067,080
Line 2: Revenue/Income Actual 12/31/13) 2,136,131
Line 3: Expenditures for ROPS 13-14A Enforceable Obligations (3,754,386
Line 4: Retention of Available Fund Balance(12/31/13):(ROPS III PPA needed for ROPS 13-14B) (2,461,587)
Line 5: ROPS 13-14A RPTTF Prior Period Adjustment(Cash to be Retained for ROPS 14-15A) (1,987,238)
• Line 6: Ending Actual Available Cash Balance as of December 31,2013
Line 7: Beginning Fund Balance as of 1/1/14(see Footnote B below) 4.448,826
Line 8: Revenue/Income 6/30/14 2,136,858
Line 9: Estimated Ex enditures for 13-14B Enforceable Obligations (4,598,446
Line 10; Estimated Retention of Available Cash Balance 6/30/14)-ROPS 13-14A PPA needed for ROPS 14-15A) 1,987,238}
Sine 11: Estimated Ending Available Cash Balance as of June 30,2014(see Footnote B below
Footnote A:
IjQN.&QAfIIh!RPTTF AS OF JU V BEFORE ROPS 13-14A DISTRIBUTION
Cash Required for ROPS 11 PPA Deducted by CAC from ROPS 13-14A Distribution CAC DISTRIBUTION 3,605,493.00
Cash Required for ROPS III PPA to be Duducted by CAC from ROPS 13-14B Distribution CAC DISTRIBUTION 2,461,587.00
Total Non-Admin RPTTF Balance Held By Successor aency as of July 12013 1 S 6,067,080.00
]
Footnote B:
V IN RpTTF RAJaNCEU PFJANUY 2 14 BEFORE ROPS 13-14B DIST_RIBUTIO
Cash Required for ROPS III PPA Deducted by CAC from ROPS 13-14B Distribution CAC DISTRIBUTION 2,461,597.00
Cash Required for ROPS 13-14A PPA to be Duducted by CAC from ROPS 14-15A Distribution CAC DISTRIBUTION L987,238.00
Total Nan-Admin RPTTF Balance Held By Successor Agency as of January 1,2014 S 4,448,825.00
THE CHANGES DISCUSSED ABOVE HAVE BEEN INCORPORATED INTO COLUMN H OF THE REPORT OF FUND BALANCES.
Recognized Obligation Payment Schedule 14-15A-Notes
July 1,2014 throuah December 31,2014
Item# Notes/Comments
FOOTNOTES TO ROPS 14-1SA-ROPS DETAIL
LINE 3-CBD DOWNTOWN STADIUM AGREEMENT
CBD-Downtown Stadium Agreement:Line 3 of the Recognized Obligation Payment Schedule for ROPS III,ROPS 13-14A,AND ROPS 13-14B Downtown Stadium
Agreement.DOF has denied this enforceable obligation pursuant to letter dated December 18,2012;however,Successor Agency disagrees with this
determination.Listed below are the amounts requested for ROPS III and the amounts which would have been requested for ROPS 13-14A,13-14B and 14-15A:
Amount requested for ROPS III: $140,473 Amount which would have been requested for ROPS 13-14A: $742.56
Amount which would have been requested for ROPS 13-14B:$80,742.56 Amount which would have been requested for ROPS 14-15A: $742.56
IN 1-CONVENTION CENTER-RADISSO TEL
Convention Center-Radisson Hotel:Line 8 of the Recognized Obligation Payment Schedule for ROPS III,ROPS 13-14A,AND ROPS 13-148 Radisson Hotel Notes 24&.
25.DOF has denied this enforceable obligation pursuant to letter dated December 18,2012;however,the Successor Agency disagrees with this determination.
Listed below are the amounts requested for ROPS III and the amounts which would have been requested for ROPS 13-14A,13-14B,and 14-15A.
Amount requested for ROPS III: $100,743 Amount which would have been requested for ROPS 13-14A: $742.56
Amount which would have been requested for ROPS 13-14B: $100,742.56 Amount which would have been requested for ROPS 14-15A:$742.56
IOOTNOTES TO ROPS 14-15A-REPORT OF PRIOR PERIOD ADJUSTMENTS
LINE 16-COLUMN_H-FULTON-L STREET PROJFCTIOPA
'The Department of Finance approved the expenditure of$240,000 purusant to its June 27,2013 Other Funds DDR final determination letter to
'.successor Agency.
FOOTNOTES TO ROPS 14-15A-RULING OF WRIT OF MANDATE AND COMPLAINT FOR DECLARATORY AND INJUNCTIVE RELEF
The Successor Agency to the Redevelopment Agency of the City of Fresno received a Ruling of Petition for Writ of Mandate and Complaint for
Declaratory and Injunctive Relief from the Superior Court of California,County of Sacramento on February 11,2014.This ruling gave the
Housing Successor to the Redevelopment Agency of the City of Fresno control over all Housing Assets,including$17,880,383 in cash;
Consequently,the Successor Agency no longer has an obligation to report any activities of the Housing Successor. Because ROPS 14-15A was
prepared prior to receipt of the February 11,2014 Ruling,the Housing Successor activities were shown on ROPS 14-15A and remain for
Informational purposes only.
Recognized Obligation Payment Schedule(BOPS 14-15A)-Summary
JJ Filed for the July 1,2014 through December 31,2014 Period
Name of Successor Agency: Fresno City
r� t Name of County: Fresno
Current Period Requested Funding for Outstanding Debt or Obligation Six-Month Total
Enforceable Obligations Funded with Non-Redevelopment Property Tax Trust Fund(RPTTF)Funding
A Sources(B+C+D): $ 4,674,127
B Bond Proceeds Funding(ROPS Detail) -
C Reserve Balance Funding(ROPS Detail) 4,674,127
D Other Funding(ROPS Detail) -
E Enforceable Obligations Funded with RPTTF Funding(F+G): $ 5,436,459
F Non-Administrative Costs(ROPS Detail) 5,186,459
G Administrative Costs(ROPS Detail) 250,000
H Current Period Enforceable Obligations(A+E): $ 10,110,586
Successor Agency Self-Reported Prior Period Adjustment to Current Period RPTTF Requested Funding
I Enforceable Obligations funded with RPTTF(E): 5.436,459
J Less Prior Period Adjustment(Report of Prior Period Adjustments Column S) (1,987,238)
t4 Adjusted Current Period RPTTF Requested Funding(I-J) $ 3,449,221
County Auditor Controller Reported Prior Period Adjustment to Current Period RPTTF Requested Funding
L Enforceable Obligations funded with RPTTF(E): 5,436,459
M Less Prior Period Adjustment(Report of Prior Period Adjustments Column AA) -
N Adjusted Current Period RPTTF Requested Funding(L-M) 5,436,459
Certification of Oversight Board Chairman:
Pursuant to Section 34177(m)of the Health and Safety code,I hereby
certify that the above is a true and accurate Recognized Obligation Nance TMe
Payment Schedule for the above named agency. Ist
Signature Date
Recognized Obligation Payment Schedule(RODS)14-15A-Report of Cash Balances
(Report Amounts in Whole Dollars)
Pursuant to Health and Safety Code section 34177(I),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 revs;sues is re ulned by an enforceable ebli atim
A B C D E F G H I
Fund Sources
Bond Proceeds Reserve Balance Other RPTTF
Prior ROPS
RPTTF
Bonds Issued Bonds Issued Prior ROPS period distributed as Rent,
on or before on or after balances and DDR reserve for next Grants, Non-Admin and
Cash Balance Information by ROPS Period 12/31/10 01/01/11 balances retained bond payment Interest,Etc. Admin I Comments
BOPS 13-14A Actuals 07/01/13-12/31113
1 Beginning Available Cash Balance(Actual 07/01/13)
Note that for the RPTTF,1+2 should tie to columns J and 0 in the Report
of Prior Period Adjustments PPAs) 18,247,193 228,256 6.067.080
2 Revenue/Income(Actual 12131/13)
Note that the RPTTF amounts should tie to the ROPS 13-14A distribution
from the County Auditor-Controller during June 2013 387,249 2.136,131
3 Expenditures for ROPS 13-14A Enforceable Obligations(Actual
'12/31113)
Note that for the RPTTF,3+4 should tie to columns L and Q in the Report 255,408 3.754.386
4 Retention of Available Cash Balance(Actual 12131113)
Note that the RPTTF amount should only include the retention of reserves
for debt service approved in ROPS 13-14A 17 991,785 456.046 2,461,587
5 ROPS 13-14A RPTTF Prior Period Adjustment
Note that the RPTTF amount should tie to column S in the Report of PPAs. No entry required
1.987,238
6 Ending Actual Available Cash Balance
CtoG=(1+2-3-4),H=(1+2-3-4-5) $ _ $ _ $ 0 $ - $ 159,458 $ 0
ROPS 13-14B Estimate 01101114-06130114)
7 Beginning Available Cash Balance(Actual 01101114)
(C,D,E.G=4+6,F=H4+F4+F6,and H=5+6) $ $ $ 17.991,785 $ $ 615,505 $ 4,448,826
8 'Revenuelincome(Estimate 06/30114)
Note that the RPTTF amounts should tie to the ROPS 13-14B distribution
From the County Auditor-Controller during January 2014 2,136.858
9 I3=xpenditures for 13-14B Enforceable Obligations(Estimate 06130/14)
4,979,639 456,046 4,598,446
10 Retention of Available Cash Balance(Estimate 06/30114)
[Vote that the RPTTF amounts may include the retention of reserves for
debt service approved in ROPS 13-14B 13,012,146 1,987,238
11 Ending Estimated Available Cash Balance(7+8-9-10) $ $ $ 0 $ $ 159,458 $ 0
Recognized Obligation Payment Schedule(ROPS)14-15A-ROPS Detail
July 1,2014 through December 31,2014
(Report Amounts in Whole Dollars)
A B C D E F G H 1 J K L M N O P
Funding Source
Non-Redevelopment Properly Tax Trust Fund
Nm4gP77F RPTTF
Contracl/Agreement Contracl/Agreemenl Total Outstanding
Item It F7prosd Nam IDebt Cab pbon Obp 'on 7 Ere kn Date 7ermina5❑n Dale Pa ee Descri tion/Pro'ect Scoce 'ect Arno i]❑trtaOh'aDen FFWIled Bond Proceeds Reserve Balance Other Funds Non-Admin A4min Six-n4nn11�7D1a1
$ 38.3wZ67 S - $ 4,67g127 S - S 5.166 550 S 250ADD 5 16,110986
1 -IIII ea Im mi dinnfmslr W22)7.011 121311201e Meo hafrawharture imlow l0 12 N 434 1 S 4 61
Uraw1 a_sr�
�
_ %h..
4 CBD-Hotel Fresno/OPA(4) OPAYQD rCon50tXU 3/9/2011 ti/;3 15� Hotel Fresno,LLC Iiousmg-RehallMla6aNAllorda a Central Business T,984,184 N y24,721 ,$ 24.721
on I DJstriid
5 CBD-Property Based lmprovemeN IImprovemenl/Infrasv 6124/2010 fi/24/2015 6:ounly of Fresno PBID Assessment-CHD Area Portion C.er1Ge[BrHige4s 4D,76i N 2.759 5,191 5 7.942
4tistriU F81➢(5 ucture D7trlflct
0CentralCity-Apple Valley IimprovemenOnfraslr12912011 P213172014 1'amabe&Horn Complete plannedinFrastructure [:anLrW0 697,955 N 353,027 $ 353p27
Infrastructure(1) ucture Engineering,Apple Valley Improvements related to expanded
f'arms.Jac, rva fa Level❑
t4
T.ronvonlIm Center-Ctlnventlnn CPAIDDA/Constfucti 7/1 112 005 lInO72D16 To Be Determinetl file 1'reparaliDn,mahit11ar1be, Convention Center 3,309,662 IN '2,519,BBr 5 2.519.887enter Development-Old Armenian on lancing,property acquisition per
own LLC(5) relocation agreement(various
oPerlles
10 Convention Center-Historic Houses L14aubn 7/12009 12J312014 To Be Determined Relocationtrestoralion ofhistonc C7unvenbon Censer 321,714 N 137,027 $ 137,I27
61 haueea
11 Convention Center-Pmpe11p 8asEd improvemenDlnfrastt 6/24/2010 6125/2015 County Of Fresno PBID Assessment-ConvenSon Center Coonvenfion Center Z419 N 4'1 $ 471
Im owNwal D416'4 PBIJD 7 ucture ea Podi❑n
12 Fwy 991GS-Fultonia West/OPA(1) 0PAIDDA/Construcil 3142011 127312014 7FS Investments,LLC Housing-Owner Participation Freewey961GS 251.721 N 242,221 $ 242,2271
tm I rsern-1
F20
Fulton-L Street ProjecvOPA(1) OPAWACe1&V000 21/9/2011 12/31/2014 FFDA Properties,LLC Housing-Owner Partidpedod Fulton 252,361 N 252.361 S 25Z361
on roedlont
Fultan-1612 Fulton SlreeDOPA(2) OPA/DDA/Constructl 3l/912011 12/31/2014 FFDA Propertles,LLC Housing-Owner Participation Fulton 70 N 7,O05 $ 7,DD5
on l eemenl
J--ulton-1606 Broadway/OPA(3) • OPAJDDA)Construcu 3192D11 12/31/2014 FFDA Properties,LLC Housing-C 7Ts idpatton Fulton 830,471 N 424.721 $ 424,721
on cement
FtA n-1536-166D 13mbd—yldPA pPW9DAJCtCuI$ttuW;l/9/2011 12/31/2014 FFDA Properties,LLC ]ioualrrg-[T1r�r?ar0dPa$on Fulton 969,97$ N 49a,721 $ 494,721
41 on iemnwil
Fulton-Fulton&Calaveras/OPA(5)OPAIDEWUonsltOlp 3/92011 11/3012D16 FFDA Properties,LLC Housing-Owner Participation Fulton 2,376.967 N 24,721 $ 24,721
an 1 reern-I
22 Jefferson-CMC Regional Medical CJPATDDAlr onstructl 7/l/1995 7/112016 Civic Agreement For CMC Regional Medical Jefferson 321.471 N 6,377 S 6,377
Cealer^ on C:eolerfXpaoSiop
24 Mariposa-2003 Mariposa Tax Bonds Issued On or VMM03 2J2)2023 Bankof New York blfrastruclure projects Mariposa 4,008,855 N 86,891 $ 86,899
',,location Bonds(4) P,ef❑re 12231A0
25 Fioedm -g- omta fnfnstnrtlure Tnird-Party Loans 6/3/2009 612/2033 California Infrastructure& Infrastructure improvements in Roedmg 2.414.610 N 94,13$ S 94.132
Bank Loan(3) Economic Development Roeding Business Park Project Area
Dank
27 SVN-Foundry Part,CF095 OPAIDDA/Comtructi'10/2211999 9/1/2031 Reimbursement regarding Foundry South Van Ness 1,189,102 N $
Veve;owAgreement12J on Park infrasir clure,
30 Southwest Fresno GNRA and Bonds Issued On or 3=01 CV212018 Bank of New York flonds Issued to fund non-housing SDuMvKsi Fit= 4.li)W M2 19 802,529 5 55.529
Fruit/Church-2001 Merger 2 Tax Before 12/31/10 Projects in Southwest Fresno
,FlIiocalion Bonds 2
31 Southwest Fresno-Edison Plaza ll OFAJDDAiCtmMop 3/921)11 /28/2016 Edison Partners ?lousing-DDA-Alfordable Housing Sut4lhweaL Freuw 5,757,92$ N Z85Z221 2,852,221
3 on
33 Property maintenance(2) Property 518200E (3130/2015 EOC Maintenance of Agency Ownee 04 374,285 N 95,150 $ 95.198
Maintenance Pr❑.dies
34 Property Sale/Disposition of Agency Property Disposition4 V1/2012 6/302016 TBD Property sale,title,closing, X 1,380,485 N 348,587 389.073 5 737.750
Properties(B) rnainlenance,project cost,insurance,
C:cstar
35 Annual Disclosurettax allocation ProTesslDnal 811/20D1 7J22U23 1Nildan Financial, an of Costs for annual disclosure reports For Mariposa& N
bonds(10) Services NY Mellon bonds-Moved to Administrative Southwest Fresno
t
36(:ALPERS Unfunded and Employee lnfunded LiabihGes 11J12DOU 12n12023 f:ALPERs,Employees C:ALPERS unfunded amount and IVIA 2,557,SB6 N 767,37< 5 167.374
leave Payout(12) j�ayouIS of accrued leave 10 and
Recognized Obligation Payment Schedule(RODS)14-15A-ROPS Detail
July 1,2014 through December 31,2014
(Report Amounts In Whole Dollars)
A B C D E F G FI I J K L M N O P
F rcm Sou
Non-Redevelopment Property Tax Trust Fund
a N RPTf RPTTF
Contract/Agreement Contract Agreement Total Outstanding
Item i Pr'e&Name 1 Debt Obligation Obli alion Type SnnAm ooa 76rmYtmgm Dale Pay- Dwrip"grollivi.Scope pwiw;r Area debt or ObE aeon Rplired Bond Proceeds Reserve Balance Omer Furls Naa ADmin Admin Si*mwch TDiat
37 TPA Grant(13)-Reimbursements Professional 61252012 %11/2015 T9D lkOwmfretd5 90,000 N 45,000 S 45,000
olfeet outs Services
33 Successor AgencyAdnonlatrativa Admin Costs 1771112014 6/3012015 TBD Administration, ?VIA 25D,000 N 25i1000 S 250,0D0
Bud et'�] lfcrplfAOln'rrvanCa
]9 Faeiuees tease kUW Caab% 71 M12 Mwo1S Bomon hivenslmeme,LP Fed011es Lease NIA N
40 Due ail r nxidl aiwlydien Awls TrTrZD14 63N2014 Aries,Powe CPA Slate Repaired Due Ddpgoncr Atsid NIA Y
41 Audit Professional 71112014 121312014 CPAs-Macias GO,KDIIra Required Annual FY Audit 50,000 N 50,000 S 50,000
Services
S
Recognized Obllga0an Payment Schetlule(ROP5)14.15A-Report of Prier Period Adjua .-
Reponetl forlhe ROPS 13-14A(July 1,10131hmugh December3l.]013)Penotl Punuanl to HeaIIM1 antl Sefaly Cotle(HSLI secllon 34155(a)
i'pP51}1aq CqC PPq:To M corrpl•Ia0 bl Ne G:O upon aubmi0el o11M ROPS 14-1SA by Ne SA to Finanu antl
13-14A Successor Agency(SA)5olf+spodetl Prior Period Atljuslmenta(PPAj:Punuanl la HSG SeGlon 39150(ej,SAs ere required to mpotl IM1e diRenntts beMoen Neir equal aveileblo lundng antl lM1eiracWal expendilurtelor Ne ROP51}14A(July Nmugh Demmber2013)petlotl TM1e armunl of fre LAL Role Nal Gfiwillnaetl to enter Neir wn lormulaf al lbe line llam level Punuanl to Ne manner in W:icANq
A dasl:lopmenl P.,rty Tax Tnrst-d(RI-F)appmved—h.ROPS 14-15A(July Nmugh Oecemb-014)peno—1 be oRsc(by Na SA's.01k -d ROPS 1314A prior penad eQluslmenl HSL—lcn 34155(e)elso specifies ll:alll:e pnarpencd atljusNwnls self-reportetl by SAa ere subfeclb audit by CeICJaRfIe PPA AW nok O:ellhe etlmin emwnls tlo not neetl to be lisletl al IM1e I.-Uemlrvel antl may be enlend
fr;ude 0ab�er.
AIplbl
f
TTF FzPnodgwaa IIfF[Fu llPrfP irparree
lamoumureem
k1A
{III
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•IAr •eA 1 plgltl
i
i
ml •�� aa,a I. r �.�, ., n.
,.. gqy,s aq•a1
I
i
n � r
I
I�.a,
Recognlvd Obllgallon Payment Schedule(ROPS)14-15A-Report pl Prier P—d Adjualmenla
Repoded farlhe ROP613-14A(July 1,2013 Nmugh DeC.-31,2013)Period Punuanl11 Haallh and Safely Cede(HSC)secllon 34186(a)
MOPS 13-14A CAC PPA:Tc Am build by the CAC uPod submlllalof the POPS 1441 by the SA to FlnancelY41
POPS 10-14A Succexsor Agency(SA)SeR-re0onetl Prior Penoe Artuslmenu lPPA7:Puuuanl to ii5C5enian]L1f16(a),SAsa requlredlo upon me ainerznras oemeen meuacrval evahpble lundinp end mer actual expenAlureS lorine FCR513-1oA(4ury mrvuan Decerdwr1b131 period Tne amoum al IrefAG 11m aW GCa xN nudb emlern punuamlbme mshnerm�m�T�tl
IEIMrL•lo—t Plpoedv Tea Tmsl Fund IRPTTF)approved for Ne ROP514-15A(July lhmugh D—rlber2014)pedodvill be oReel by the SA's sell-mpoded ROP613.14A pdprpedod edj--ll HSCSecdon34136(a)als0eper,,slhal the PiorpedpdadjuxlmenlsaeIrmpdedby SNemeubjeclloaudlby abYla ate PPA MvnINe NY Ne admnamounLL tlonolneeed to be ll5led al lhelineilem level and meyMenleud
Nvn-Rv1-/F Eme•df4rn PPiIFExoerld
I
umd�.mU-AP
11lIII mme i.0
0.
4eeerlearr a.nw.a Mr�M rr�l.�•.aer4 Awee4 Iw4•hw4 °V wrllrw•�.r
arse/��
•1Jp 1 la aaeFae I m •Nws s 4sx•
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LmW.r•�l...
1
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Recognized Obligation Payment Schedule 14-15A-Notes
July 1.2014 through December 31,2014
Item# � Notes/Comments
FOOTNOTES TO ROPS 14-15A-REPORT OF CASH BALANCES f '
COLUMN E-DUE DILIGENCE REVIEW BALANCES RETAINED FOR APPROVED ENFORCEABLE OBLIGATIONS
HOUSING SUCCESSOR RESERVES AS OF JANUARY 1.2013
2/1/12 Transfer from LMIHF to Housing Successor LMIHF DDR $ 312,704.00
Less:Amount Paid to CAC pursuant to DOF's 1/11/13 Letter LMIHF DDR (168.354.00}
Amount Approved for Retention by DOF LMIHF DDR 144,350.00
2j1J12 Transfer from RDA Other Funds to Housing Successor OTHER DDR :17,567,681.00
1Less:Amount Requested to be Paid to CAC by DOF pursuant to 6/27113 Letter OTHER DDR (4,933,178.00)
Amount Approved for Retention byDOF OTHER DDR 12,634,503.00
Plus:Amount from above held in Reserve pending Lawsuit Resolution OTHER DDR 4,933,178.00
Sub-Total Held by Housing Succesor From RDA Other Funds OTHER DDR 17,567,681.00
Sub-Total Held by Housing Successor from RDA Other and LMIHF Funds 17,712,031.00
Less: Housing Obli ations Paid During 211/12-6/30f 12 of ROPS I Period approved by DOF OTHER DDR MEET&CONFER (74,758.071
Less: Housing Obligations Paid During POPS II Period approved by DOF OTHER DDR MEET&CONFER (2,230,365.251
Total Reserves Held by Housing Successor as ofJanuarV 1,2013 $ 15,406,907.68
jSUCCESSOR AGENCY RESERVES AS OF JANUARY 1.2013
Reserves Approved for Retention by DOF for ROPS III-Item#19 Facilities Lease OTHER DDR 38,250.00
Reserves Approved for Retention by DOFfor ROPS III-Item#40 Due Diiligence Audit OTHER DDR 46,700.00
Amount Approved for Retention by DOFper Other DDR 84,950.00
Plus:Available Balance per Other DDR requested by DOF to be Paid to CAC per Letter
dated 6/27/13 which is being held in Reserves pending Lawsuit Resolution OTHER DDR 3,187,256.00
Plus:$58,970 FMFC Receivable DOF requested Agency to pay to CAC per 6127/13 Letter;
however,the Agency has no source of funds to pay this obligation. OTHER DDR
Total Reserves Held By Successor ftency as of.lanuary 1,2013 ($ 3,272,206.00
TOTAL HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES AS OF JANUARY 1,2013 S 18,679,113.68
EXPENDITURES FOR ROPS III FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES
Reserves Approved for Retention by DOF for POPS III-Item#19 Facilities Lease OTHER DDR 38,250.00
ppov Reserves Ared for Retention by DOF for ROPS III-Item#40 Due Diili ence Audit OTHER DDR 46,700.00
Housing Obligations Paid During the ROPS III Period 346,970.79
lrotal Expenditures for BOPS III Paid from Housing Successor and Successor Agency Reserves $ 431,920.79
f
RETENTION OF AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE AS OF 6130113 .$ 18,247,192.89
f
LINE 1-HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES AS OF JULY 1,2013 $ 18,247,192.89
I
Recognized Obligation Payment Schedule 14-15A-Notes
July 1,2014 through December 31,2014
Item# NoteslComments
EXPENDITURES FOR ROPS 13-14A FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES
Housing Obli ations Paid During the ROPS 13-14A period 255,407.67
(LINE 3-TOTAL EXPENDITURES FOR ROPS 13-14A PAID FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES )$ 255,407.67
LINE 4-RETENTION OF AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE AS OF 12131/13 S 17,991,785.22
ESTIMATED EXPENDITURES FOR ROPS 13-14B FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES
Estimated Housing Obligations to be Paid Durin the ROPS 13-14B Period 4,979,638.95
Line 9-Total Estimated Expenditures for ROPS 13-14B to be Paid from Housing Successor&Successor Agency Reserves S 4,979,638.95
LINE 10-RETENTION OF ESTIMATED AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE
AS OF JUNE 30,2014 $ 13,012,146.27
FOOTNOTES TO ROPS 14-1SA-REPORT OF CASH BALANCES
(COLUMN G-OTHER FUND SOURCE-RENT,GRANTS,INTEREST,ETC.
OTHER BALANCE AS OF JULY 1.2013
.Amount Reported on ROPS 13-14B 228,255.55
LINE 1-OTHER CASH BALANCE AS OF JULY 1,2013 $ 228,25S.55
OTHER REVENUEANCOME FROM 7 13-1 1 x
Project 09-CBD-Ace for Merchant Lot 10 779.33
Project 11-Conv Center-Ace for Van Ness/Inyo 3,886.37
Project 11-Conv Center-Pool Tables R Us 7,200.00
Project 35-SE FresnoRevit-CondoorSecurit Wrought Iron 3,600.00
f'roiect 58-SW Fresno-Kearney Palms 61,346.00
Project 08-SW Fresno-EOC-Franklin School 12.00
Project T6-Sale of Prop-Fidelity National Title for CIVIC(Required by DDA) 33,094.70
Project 00-Administration-Other Income 3,922.00
Project 00-Administration-Interest InCOme 670.91
Total Income From 7/1/13-12J31J13•Held by Successor Apency as of January 1,2014 1 124,511.31
Plus: Unspent ROPS II RPTTF Retained for Approved&Outstanding Enforceable Obligations as of 1/1/13(see ROPS 13-14B) 18,039.31
Plus: Unspent ROPS II RPTfF Retained to Cash Flow EPA Grant Expenditures 1 12,708.32
Plus: Unspent Reserves approved for Retention by DOF for ROPS III-Item#40 Due Diligence Audit(see ROPS 13-140) 4,200.00
Plus: ROPS 13-14A RPTfF Retained for Approved and Outstanding Enforceable Obligations as of 12J31113 1 17,728.58
Plus: Retention of Portion of Line 38-Administration RPTTF Drawn in RODS 13-14A for ROPS 13-14B 210,062.00
LINE 2-TOTAL REVENUE/INCOME FROM 7J1/13-12/31113 $ 387,248.52
12ETENTI N OF AVAILABLE CASH BALANC Actual 12 3113
Other Fund Balance as of 12131J13 to be Retained for DOF Approved BOPS 13-14B Expenditures 228,255.55
Plus: ROPS 13-14A RPTfF Retained for Approved and Outstanding Enforceable Obligations as of 12/31/13 (17,72.8.50)
Plus:Retentlon of Partton of Une33-AdminJstratlon RPM Drawn In ROPS 13,14A for BOPS 13-248 21D.062.00)
1LNE4-R>`tMON OF AVAILABLE CASH BALANCE(ACTUAL 101/13) S (4S6,D46.13)
LINE 6-ENDING ACTUAL AVAILABLE CASH BALANCE AS OF 12/31/13 $ 159,457.9A
Recognized Obligation Payment Schedule 14-15A-Notes
July 1,2014 through December 31,2014
Item# Notes/Comments
*Does not include income from EPA Grantor CIVIC Medical Office Building income which is used to offset a plicable enforceable obligations
FOOTNOTES TO ROPS 14-15A-REPORT OF CASH BALANCES
COLUMN H-NON-ADMIN RPTTF
THERE ARE PROBLEMS,AS DISCUSSED BELOW,WITH THE FORMULAS AND THE METHODOLOGY FOR THIS COLUMN.
THE WORKSHEET PROHIBITS ADMISSION OF FUNDS ON HAND FOR THE ROPS III PRIOR PERIOD ADJUSTMENT THAT NEED TO BE
USED TO BALANCE THE ROPS 13-14B REPORTING PERIOD. IN OUR CASE,ROPS 13-14B WAS APPROVED FOR$4,598,446 OF OBLIGATIONS;
HOWEVER,THE CAC ONLY FUNDED$z,136,858 BECAUSE THE ROPS IN PRIOR PERIOD ADJUSTMENT AMOUNTED TO$2,461,58& IF THIS
NUMBER IS REPORTED IN THE ROPS 13-14A RECONCILIATION ATTACHED:A)IT FALLS TO THE BOTTOM LINE;B)BECOMES A PART OF THE
ADJUSTMENT FOR THIS ROPS 14-15A PERIOD(WHERE IT DOES NOT BELONG);AND,C)RESULTS IN A DOUBLE$2,461,588 ADJUSTMENT,
IF THE$2,461,588IS SIMPLY ADDED TO LINE 1 AND A REQUEST IS MADE TO RETAIN IT FOR THE ROPS 13-14B REPORTING PERIOD WHERE
IT BELONGS THE WORKSH EET ALLOWS THE RETENTION IN THE ROPS 13-14A PERIOD BUT THEN MOVES THE AMOUNT TO COLUMN F(WHERE IT
DOES NOT BELONG)RATHER THAN TO LINE 7IBEGINN ING FUND BALANCE AT 1/1/14)IN COLUMN H. BELOW IS HOW WE BELIEVE COLUMN H
SHOULD READ:
Line 1: BeZinning Cash Balance as of 7/1J13(see Footnote A below) 6,067,080
Line 2: Revenue/Income(Actual 12/31/13) 2,136,131
Line 3: Expenditures for ROPS 13-14A Enforceable Obligations (3,754,3861
Line 4: Retention of Available Fund Balance(12/31/13):(ROPS III PPA needed for ROPS 13-148) (2,461,5871
t-ine 5: ROPS 13-14A RPTTF Prior Period Adjustment(Cash to be Retained for ROPS 14-15A) (1,987,2381
Line 6: Ending Actual Available Cash Balance as of December 31,2013
Line 7: Bpginning Fund Balance as of 111114.isee Footnote B below) 4,44&826
Line 8: Revenue/Income 6/30/14 2,136,858
Line 9: Estimated Expenditures for 13-14B Enforceable Obligations (4,599,44
11-ine 10:Estimated Retention of Available Cash Balance(6/30/14)-ROPS 13-14A PPA needed for ROPS 14-15A) (1,987,238)
Line 11: Estimated Ending Available Cash Balance as of June 30,2014 see Footnote B below -
1=ootnote A•
ON-ADMIN RPTTF BALANCE AS OF DULY 1 2013 BEFORE ROPS 13-14A DISTRIBUTION
Cash Required for RODS II PPA Deducted by CAC from ROPS 13-14A Distribution CAC DISTRIBUTION 3,605,493.00
Cash Required for ROPS III PPA to be Duducted by CAC from ROPS 13-14B Distribution CAC DISTRIBUTION 2,46%587.00
Total Non-Admin RPTTF-Balance Held By Successor Agency as of July 12013 $ 6,067,080.00
(Footnote B:
NON-ADMIN RPTTF BALANCE AS OF JANUARY 1 2014 BEFORE ROPS 13-14B DISTRIBUTION
I-ash Required for ROPS III PPA Deducted by CACfrom ROPS 13-146 Distribution CAC DISTRIBUTION 2,461,587.00
Cash Required for ROPS 13-14A PPA to be Duducted by CAC from ROPS 14-15A Distribution CAC DISTRIBUTION 1,987,238.00
Total Non-Admin RPTTF Balance Held By Successor Agency as of JanuM 1,2014 $ 4,448,825.00
THE CHANGES DISCUSSED ABOVE HAVE BEEN INCORPORATED INTO COLUMN H OF THE REPORT OF FUND BALANCES.
Recognized Obligation Payment Schedule 14-1 5A-Notes
July 1,2014 through December 31,2014
Item# NoteslComments `
FOOTNOTES TO BOPS 14-15A-ROPS DETAIL � I
LINE 3-CBD_DOWNTOWN STADIUM AGREEMENT
CBD-Downtown Stadium Agreement:Line 3 of the Recognized Obligation Payment Schedule for ROPS III,ROPS 13-14A,AND ROPS 13-148 Downtown Stadium
Agreement.DOF has denied this enforceable obligation pursuant to letter dated December 18,2012;however,Successor Agency disagrees with this
determination.Listed below are the amounts requested for BOPS III and the amounts which would have been requested for ROPS 13-14A,13-14B and 14-15A:
Amount requested for ROPS 111: $140,473 Amount which would have been requested for ROPS 13-14A: $742.56
Amount which would have been requested for ROPS 13-14B:$80,742.56 Amount which would have been requested for RODS 14-15A: $742.56
IJNE 11-CONVENTION CENTER-RADISSON HOTEL
Convention Center-Radisson Hotel:Line 8 of the Recognized Obligation Payment Schedule for BOPS 111,ROPS 13-14A,AND ROPS 13-14B Radisson Hotel Notes 24&
?5.DOF has denied this enforceable obligation pursuant to letter dated December 18,2012;however,the Successor Agency disagrees with this determination.
Listed below are the amounts requested for ROPS III and the amounts which would have been requested for ROPS 13-14A,13-14B,and 14-15A.
Amount requested for ROPS III: $100,743 Amount which would have been requested for ROPS 13-14A: $742.56
Amount which would have been requested for ROPS 13-146: $100,742.56 Amount which would have been requested for ROPS 14-15A:$742.56
FOOTNOTES TO ROPS 14-15A-REPORT OF PRIOR PERIOD ADJUSTMENTS
_ If E16-COLUNINH-FULTON-L5TREETPRDjji47JOPA
[The Department of Finance approved the expenditure of$240,000 purusant to its June 27,2013 Other Funds DDR final determination letter to
ESuccessor Agency.
FOOTNOTES TO ROPS 14-15A-RULING OF WRIT OF MANDATE AND COMPLAINT FOR DECLARATORY AND INJUNCTIVE RELIEF
The Successor Agencyto the Redevelopment Agency of the City of Fresno received a Ruling of Petition for Writ of Mandate and Complaint for
Declaratory and Injunctive Relief from the Superior Court of California,County of Sacramento on February 11,2014.This ruling gave the
Housing Successor to the Redevelopment Agency of the City of Fresno control over all Housing Assets,including$17,880,383 in cash;
consequently,the Successor Agency no longer has an obligation to report any activities of the Housing Successor. Because ROP514-15A was
prepared prior to receipt of the February 11,2014 Ruling,the Housing Successor activities were shown on ROPS 14-15A and remain for
informational purposes only.
Recognized Obligation Payment Schedule(BOPS 14-15A)-Summary
Filed for the July 1,2014 through December 31,2014 Period
Name of Successor Agency: Fresno City
VR Name of County: Fresno
[ Current Periad Requested Funding for Outstanding Debt or Ohligation Six-Month Total
Enforceable Obligations Funded with Non-Redevelopment Property Tax Trust Fund(RPTTF)Funding
A Sources(B+C+D): $ 4,674,127
B Bond Proceeds Funding(ROPS Detail) -
C Reserve Balance Funding(ROPS Detail) 4,674,127
D Other Funding(ROPS Detail) -
E Enforceable Obligations Funded with RPTTF Funding(F+G): $ 5,436,459
F Nan-Administrative Costs(ROPS Detail) 5,186,459
G Administrative Costs(ROPS Detail) 250,000
H Current Period Enforceable Obligations(A+E): $ 10,110,586
Successor Agency Self-Reported Prior Period Adjustment to Current Period RPTTF Requested Funding
I Enforceable Obligations funded with RPTTF(E): 5,436,459
J Less Prior Period Adjustment(Report of Prior Period Adjustments Column S) (1.987,238)
K Adjusted Current Period RPTTF Requested Funding(I.J) $ 3,449,221
County Auditor Controller Reported Prior Period Adjustm ant to Current Period RPTTF Requested Funding
L Enforceable Obligations funded with RPTTF(E): 5.436.459
M Less Prior Period Adjustment(Report of Prior Period Adjustments Column AA) -
N Adjusted Current Period RPTTF Requested Funding(L-M) 5,436,459
Certification of Oversight Board Chairman:
Pursuant to Section 34177(m)of the Health and Safety code,I hereby
certify that the above is a true and accurate Recognized Obligation Name Tie
Payment Schedule for the above named agency. Is!
Signature Date
Recognized Obligation Payment Schedule(ROPS)14-15A-Report of Cash Balances
(Report Amounts in Whole Dollars)
Pursuant to Health and Safety Code section 34177(I),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 obliqation.
A B C D E F G ti 1
Fund Sources
Bond Proceeds Reserve Balance Other RPTTF
Prior ROPS
RPTTF
Bonds Issued Bonds Issued Prior ROPS period distributed as Rent,
on or before on or after balances and DDR reserve for next Grants, Non-Admin and
Cash Balance Information by ROPS Period 12/31/10 01/01/11 balances retained bond payment Interest.Etc. Admin Comments
ROPS 13-14A Actuals(07101/13-12/31113)
1 Beginning Available Cash Balance(Actual 07101/13)
Note that for the RPTTF,1+2 should tie to columns J and 0 in the Report
of Prior Period Adjustments PPAs 18.247,193 228,256 6.067.080
2 Revenuellncome(Actual 12131113)
Note that the RPTTF amounts should tie to the ROPS 13-14A distribution
from the County Auditor-Controller durinq June 2013 387.249 2,136..131
3 Expenditures for ROPS 13-14A Enforceable Obligations(Actual
'12131113)
Note that for the RPTTF,3+4 should tie to columns L and Q in the Report 255,408 3,754 386
4 Retention of Available Cash Balance(Actual 12/31113)
Note that the RPTTF amount should only include the retention of reserves
For debt service approved in ROPS 13-14A 17.991,785 456,046 2,461,587
5 111OPS 13-14A RPTTF Prior Period Adjustment
rJote that the RPTTF amount should tie to column S in the Report of PPAs. No entry required
1,987,238
G 1 Ending Actual Available Cash Balance
CtoG=(1+2-3-4),H=(1+2-3-4-5) $ _ g $ 0 $ $ 159.458 $ 0
ROPS 13-14B Estimate(01101114-06/30114)
7 113eginning Available Cash Balance(Actual 01101114)
(C,D,E,G=4+6,F=H4+F4+F6,and H=5+6) $ $ $ 17,991,785 $ $ 615,505 $ 4,449,826
8 Revenue/Income(Estimate 06/30114)
Note that the RPTTF amounts should tie to the ROPS 13-14B distribution
rrom the County Auditor-Controller during January 2014 2.136.858
9 Expenditures for 13-14B Enforceable Obligations(Estimate 06130114)
4.979,6391 456,046 4.598,446
10 Retention of Available Cash Balance(Estimate 06130/14)
Note that the RPTTF amounts may include the retention of reserves for
debt service approved in ROPS 13-14B '13.012.146 1.987,238
11 Ending Estimated Available Cash Balance(7+8-9-10) $ $ 0 $ $ 159,458 $ 0
Recognized Obligation Payment Schedule(ROPS)14-15A-ROPS Detail
July 1,2014 through December 31,2014
(Report Amounts in Whole Dollars)
A B C D E F G H I J FC L M N O P
Ftat(6 Source
Non-Redevelopment Property Tax Trust Fund
Nw RPTT RPTTF
ContfacVAgreement ContractlAgreemen( Total Outstanding
Item# PrWnI Name/Debt Obligation Obligation Type Execution Data Termination Date Pa ee Oescri(ion/Project Scone ?rolwt Area Dept a❑6r agora Re1Ged 13p W Proceed; Reserve lls&Wxa 04hor Furls Non-Admm Admin SwMomh Total
$ 3D.367.507 $ - S 4,W4 727 $ - S 5188,454 S 250.000 S 10,170.586
1 A M-Iryl Devo I 12737i80t4 *ratio fnf s :tat+-'d io in, �r ft Area eS9.612 H 43i 1 5 43i 281
VA" —TIMM p
4 CSD-Hotel FfesnoWA(4) OPA/DDA/Construcll Cl/912011 13,130/2015 }total Fresno,LLC Hous4g-RehaWllWUwr7AlloWable Central Bus-'nest 1,964,164 N 24,721 5 24,72t
on Hor7sl District
6 C80-Property Based lmpfavemera improvemen0lnfrastr 5242010 K42015 S:ounty.1 1. F'BID Assessment-CBD Area Portion Central Business 40,754 N 2,750 5,191 I $ 7,942
niadu(PBIP)5) ucture mirct
6 Central City-Apple Valley ImprovemenVlnfrastr'1129/2011 IMI2014 YamaDe&Horn Cwn*w&nr*a infras:wcl n C&Wat City 697,955 N 353.027 S 353027
Infrastructure(1) ucture Engineering,Apple Valley Improvements related to expanded
FXr ML NC ntarotfdciwinn dfnmloomeol
"}- - Zx4m ft .
H Convention Center-Conventlon 0PA/DDAIC06s7Nell 7/1112005 6130/2016 To Be Determined File Preparation,maintenance, Convention Center 3,309,652 H i 2,519,887 S 2.519.887
[:enter Development-Old Armenian on Lancing,property acquisition per 111
Town LLC(5) relocation agreement(various
properties)
10 Corluemloa Center-HIelo�C Hdtrdes Litigation 71MI309 '1213112014 To Be Delermined Relocallon/resloration of historic Convention Center 321.714 N 137.027 $ t37,027
161 houses
N CDIPladllod Cafti4r-Property B" ImprovemenVlnfrastr W2412010 (3/2512015 County Of Fresno PS10 Aaseidawt-Cwymillon C:oNer Convention Center 2.41D N 471 S 471.
M DislP.ct Pei ucture Woe Padion
12 Ivy 9g/GS-Fullonia West/OPA(1) DPA/DDA/Constructi 31/42011 '12/3112014 TFS Investments,LLC HOwing-omw Participation Fraoway991G5 251,721 N 242.221 $ Z42,221
on Agrmrnenl
16 Fulton-L Street ProjecVOPA(1) OPADDA/Constructi 3/912D11 12131ROi6 FFfAAProperties,LLC Housing-Owner Participation Fulton 252.am N 252,361 S 252,361
on Are fit
17 Fulpen•1612 Futon StraWOPA 9) C)PA/DDA/Constmcli 3/9/2011 12/31/2014 FFDA Properties,LLC Harming-0&ner Parocpation Futon 7,005 N 7,Wi $ 7,005
. an w
78 Fulton-1608 BroadwaylOPA(3) • OPA/DDA/Conslrucli 1012011 1273I2014 FFDA Properties,LLC I Housing-Owner Pmudpollon Fulton 830.471 N 424.721 $ 424,721
C. Agreement
19 FuRan-163&166D DroodwaoOPA OPAIODAICcnstnuaf 111912011 12/3112014 I-FDA Properties,LLC HOIriIPg-OMW ParCdpe4m Fulton 969,976 N 494;7Z1 $ 494,721
4) on reement
2D Fulton-Fulton&Calaveras/OPA(5)OPACOAXon0ructt:l/9/2011 11/302016 FFDA Properties,LLC Hovaling-Owner Parlidpalion Felton 2,376,987 N 24,721 5 24,721
on Agwrnint
22 JrtRarsoa-GIAC Regional Medical OPAJDL1rJCorrSUucB 111IMS 711/2016 0MC Agreement for CMG Regional Medical Jefferson 321.471 N 6,Tn S 6,377
Center(Z on C"I"Fit orceron
24 Mariposa-2003 Mariposa Tax Bonds Issued On or 10/2003 :!1212023 Bank of New York lnfrastruc[ure projects wripoea 4.006.!!S5 N 64890 $ BUDD
Alloca5on Bands 4 Before 12MI110
43 Roeding-California ndraafru[A¢o Thim-Party,Loans WY22 w E2 IM California ndrasVugwe& Infrastructure improvements in Roeding 2.414.510 N 94,137 $ 94,132
Bank Loan(3) Economic Development Roeding Business Park Project Area
Bank
27 SVN-Foundry Park CFD95 OPAUDAICan58uC11 110122/1999 WitZ031 s :W.1=94A.49099&V Reimbursement regarding Foundry South Van Ness 1,18%102 N $
DftW reCmenI M Park infrnrkucfure
30 Southwest Fresno GNRA and Doi+ds Issued Oh of 30=1 9*4018 Elan*of Ntw York Bonds issued to fund non-housing Southwest Fresno 4.093.832 N 002,52D $ MJ2,5Z9
F=ruiVChurch-2001 Merger 2 Tax Before 12/31/10 projects in Southwest Fresno
Allocation Bands 2
31 Soul"st Frawr -EdIS M Plaza It DPA0DNConstnlW 31972011 212&MIG Edison Parorem Hovslrg-DDA-Affordable Housing Southwest Fresno 5.757.925 N ZB5Z221 2,b52,221
IfIl on
33 Property Mainterm"(2) Property -V812008 15/302015 EOC Maintenance of Agency Owned Ap W4,285 N 95,19D S 95.1g0
Maintenance P7oDerbes
34 Property Sale/Disposition of Agency Property Dispositions:112012 8130/2D16 TBD Property sale,title,closing, IW 1,380,485 N 340.682 389.079 $ 737,756
Properties(8) maintenance,project cost,insurance,
C-W
351annual Disclosure/tax allocation Professional ill2001 W272023 yWutan Finaruia4 B9rk of Costs for annual disclosure reports for 1Aanposa& N
bonds(10) Services NY Mellon bonds-Moved to Administrative Southwest Fresno
Bwow
30 CALPERS Unfunded and Employee Unfunded Liabilities 11/12D00 127312023 CALPERS,Employeea CALPERS unfunded amount and N/A 2,557,588 N 167,374 $ 767,374
Leave Payout(12) payouts of accrued leave to employees
Recognized Obligation Payment Schedule(RODS)14-15A-ROPS Detail
July 1,2014 through December 31,2014
(Report Amounts in Whole Dollars)
A B I c D E F G H 1 J K L M N O P
Fur4jrka Source
No,�F>-0de��!nyrnerC Plnpeny Tax Trust Fund
RPT,r
Conlract/Agreement ContraeVAgmement Total Outstanding
ILem k 3 Name/Debt Obli alion Obricarion-FvDa EoAC L fon❑le Termination Date MIM Scope Protect Area Debt or Obli ation RHfred Burl Pf000eds Reserve Balan[c 4tlsar Funda NmAdmin Admin Six-Month Total
37 EPA Grant(13)•Urnbu crnents Professional 6125/2012 1112015 T13U 8rawnfiaJdB 90,009 H 45,000 S 4$D[A
offset costs liervices
33 Successor Agency Administrative Admin Costs 7f1r4`14 (3/3012015 TBD Administration, HIA 250,mo N 2W.000 S 25U,U00
Bud 1' OD2ralians/Maintenamne
39%dies Least Admin Costs 71IW2 srharm 121 eornon tnverw}rn LP Faofiti"Lease NIA N
40 f}ie Olr erag 1Psd'd Olaselulioe Audiia tll rX14 ELZ 0t4 Price Paw CPA Stale Requhred Om DI .AUM NIA Y
41 Audit Professlonai 7/1/2014 921312014 CPd'6�l,1aGn Girti,Kullka Required Annual FY Audit 50.000 N 50,000 5 5L.000
Services
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RepodedforNeROPS-14A(July 1,3013 IM1megh Oaomb1131,1013)P—Pursuant I.Health and Solely God.(MSC)section 34 I"(a)
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Recognized Obligation Payment Schedule 14-15A-Notes
July 1.2014 through December 31,2014
Item# NotesJComments
FOOTNOTES TO ROPS 14-15A-REPORT OF CASH BALANCES
COLUMN E-DUE DILIGENCE REVIEW BALANCES RETAINED FOR APPROVED ENFORCEABLE OBLIGATIONS
HOUSING SUCCESSOR RESERVES AS OF JANUARY 1 2013
:!/1/12 Transfer from LMIHF to Housing Successor LMIHF DDR S 312,704.00
less:Amount Paid to CAC pursuant to DOF's 1/11/13 Letter LMIHF DDR (168,354.00)
Amount ARprovecl for Retention by DOF LMIHF DDR 144,350.00
I
'2/1/12 Transfer from RDA Other Funds toHousingSuccessor OTHER DDR 17,567,681.00
Less:Amount Requested to be Paid to CAC by DOF pursuant to 6/27/13 Letter OTHER DDR (4,933,178.00y
Amount Approved for Retention by DOF OTHER DDR j 12,634,503.00
Plus:Amount from above held in Reserve pending Lawsuit Resolution OTHER DDR 4,933,178.00
Sub Total Held by Housing Succesor From RDA Other Funds OTHER DDR 17,567,681.00
Sub-Total Held by Housing Successor from RDA Other and LMIHF Funds 17,712,031.00
Less: Housi Obligations Paid During 2/1f12-6130 12 of ROPS I Periodapproved by DOF OTHER DDR MEET&CONFER (74,758.071
less: Housing Obligations Paid During ROPS 11 Period approved by DOF OTHER DDR MEET&CONFER (2,230,365.25)
Total Reserves Held by Housing Successor as of January 1,2013 $ 15,406,907.69
•iUCCESSOR AGENCY RESERVES AS OF JANUARY 1 2013
Reserves Approved for Retention by DOF for ROPS III-Item#19 Facilities Lease OTHER DDR 38,250.00
Reserves Approved for Retention by DOF for ROPS III-Item#40 Due Diiligence Audit OTHER DDR 46,700.00
Amount Approved for Retention by DOF per Other DDR 84,950.00
Plus:Available Balance per Other DDR requested by DOF to be Paid to CACper Letter
dated 6/27/13 which is being held in Reserves pending Lawsuit Resolution OTHER DDR 3,187,256.00
Plus:$58,970 FMFC Receivable DOF requested A enc to pay to CAC per 6/27/13 Letter;
however,the Agency has no source of funds to pay this obligation. OTHER DDR
Total Reserves Held By Successor Agency as of January 1,2013 $ 3,272,206.00
TOTAL HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES AS OF JANUARY 1,2013 $ 18,679,113.68
EXPENDITURES FOR ROPS III FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES
Reserves Approved for Retention by DOF for ROPS III-Item#19 Facilities Lease OTHER DDR 38,250.00
ReservesApproved for Retention by DOF for ROPS III-Item#40 Due Diili ence Audit OTHER DDR 46,700.00
Housing Obligations Paid During the ROPS III Period 346,970.79
Total Expenditures for ROPS III Paid from Housing Successor and Successor Agency Reserves $ 431,920.79
1RETENTION OF AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE AS OF 6130113 $ 18,247,192.89
!LINE 1-HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES AS OF JULY J„2013 5 18 247 192.89
Recognized Obligation Payment Schedule 14-15A-Notes
July 1,2014 through December 31,2014
Item# Notes[Comments
EXPENDITURES FOR ROPS 13-14A FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES
Housing Obligations Paid Duringthe ROPS 13-14A period 255,407.67
LINE 3-TOTAL EXPENDITURES FOR ROPS 13-14A PAID FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES $ 255,407.67
LINE 4-RETENTION OF AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE AS OF 12/31/13 I$ 17,991,785.22
TSTIMATEDEXPENDITURES FOR ROPS 13-14B FROM HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVES
Estimated Housing Obli ations to be Paid During the ROPS 13-14B Period F 4,979 638.95
line 9-Total Estimated Expenditures for ROPS 13-14B to be Paid from Housing Successor&Successor Agenry Reserves $ 4,979,638.95
LINE 10-RETENTION OF ESTIMATED AVAILABLE HOUSING SUCCESSOR AND SUCCESSOR AGENCY RESERVE BALANCE
AS OF JUNE 30,2014 5 13,012,146.27
FOOTNOTES TO ROPS 14-15A-REPORT OF CASH BALANCES
COLUMN G-OTHER FUND SOURCE-RENT,GRANTS,INTEREST,ETC.
I JTHER BALANCE As OF JULY 1 2013
Amount Reported on ROPS 13-148 228,255.55
LINE 1-OTHER CASH BALANCE AS OF JULY 1 2013 $ 22$255.55
Project 09-CBD-Ace for Merchant Lot 10,779.33
Project 11-Conv Center-Ace for Van Ness/In o :3,886.37
Project 11-Conv Center-Pool Tables R Us 7,200,00
Project 35-SE Fresno Revit-CondoorSecurity Wrought Iron 3,600.00
Project 58-SW Fresno-Kearnev Palms 61,346.00
Project 08-SW Fresno-EOC-Franklin School 12.00
I'ro'ectT6-Sale of Pro -Fidelity National Title for CMC(Required byDDA) 33,094.70
Project 00-Administration-Other Income 3,922.00
Pro ect DD-Administration-Interest Income 670.91
Total Income From 711113-12J31J13"Held by Successor Agency as of January 1 2014 124 511.31
Plus: Unspent ROPS II RPTTF Retained for Approved&Outstanding Enforceable Obligations as of 1/1/13(see ROPS 13-14B) 18,038.311
Plus: Unspent ROPS II RPTTF Retained to Cash Flow EPA Grant Expenditures 12,708.32
Plus: Unspent Reserves approved for Retention by DOF for ROPS III-Item#40 Due Diligence Audit see ROPS 13-14B 4,200.00
Plus: ROPS 13-14A RPTTF Retained for Approved and Outstanding Enforceable Obligations as of 12/31/13 17,728.5a
Plus: Retention of Portion of Line 38-Administration RPTTF Drawn in ROPS 13-14A for ROPS 13-14B 210,062.00
LINE 2-TOTAL REVENUEJINCOME FROM 711/13-1 2/3 1113 $ 387,248.52
RRUENfIO_N_OFAVAILABLE CASH BALANCLacLua112 31 1
Other Fund Balance as of 12J31J13 to be Retained for DOF Approved ROPS 13-14B Expenditures (228,255.55
Plus: ROPS 13-14A RPTTF Retained for Approved and Outstanding Enforceable Obligations as of 12/31J13 J17,728.58}
Plus: Retention of Portion of Line 38-Administration RPTTF Drawn in ROPS 13-14A for ROPS 13-14B (210,062.00
LINE 4-RETENTION OF AVAILABLE CASH BALANCE(ACTUAL 12/31/13) I$ (456,046.13)
LINE 6-ENDING ACTUAL AVAILABLE CASH BALANCE AS OF 12/31/13 I $ 159,457.94
Recognized Obligation Payment Schedule 14-15A•Notes
July 1,2014 through December 31,2014
Item# Notes/Comments
r Does not include income from EPA Grant or CMC Medical Office Building income which is used to offset applicable enforceable obligations
FOOTNOTES TO ROPS 14-15A-REPORT OF CASH BALANCES
COLUMN H-NON-ADMIN RPTTF
THERE ARE PROBLEMS,AS DISCUSSED BELOW,WITH THE FORMULAS AND THE METHODOLOGY FOR THIS COLUMN.
THE WORKSHEET PROHIBITS ADMISSION OF FUNDS ON HAND FOR THE ROPS III PRIOR PERIOD ADJUSTMENT THAT NEED TO BE
USED TO BALANCE THE ROPS 13-14B REPORTING PERIOD. IN OUR CASE,ROPS 13-14B WAS APPROVED FOR$4,598,446 OF OBLIGATIONS;
I1OWEVER.,THE CAC ONLY FUNDED$2 136,858 BECAUSE THE ROPS III PRIOR PERIOD ADJUSTMENT AMOUNTED TO52,461,588. IF THIS
NUMBER IS REPORTED IN THE ROPS 13-14A RECONCILIATION ATTACHED:A)IT FALLS TO THE BOTTOM LINE;B)BECOMES A PART OF THE
ADJUSTMENT FOR THIS ROPS 14-15A PERIOD(WHERE IT DOES NOT BELONG);AND,C)RESULTS IN A DOUBLE$2,461,588 ADJUSTMENT.
IF THE$2,461,588 IS SIMPLY ADDED TO LINE 1 AND A REQUEST IS MADE TO RETAIN IT FOR THE ROPS 13-14B REPORTING PERIOD WHERE
IT BELONGS,THE WORKSHEET ALLOWS THE RETENTION IN THE ROPS 13-14A PERIOD BUTTHEN MOVES THE AMOUNT TO COLUMN F(WHERE IT
DOES NOT BELONG RATHER THAN TO LINE 7 BEGINNING FUND BALANCE AT 1/1/14)IN COLUMN H. BELOW IS HOW WE BELIEVE COLUMN H
!iHOULD READ:
(
Line 1: Beginning Cash Balance as of 7J1/13 j5ee Footnote A below 5,067,080
Line 2: Revenue/Income Actual 12/31/13 2,136,131
Line 3: Expenditures for ROPS 13-14A Enforceable Obligations 13,754,386)
Line 4: Retention of Available Fund Balance 112/31/13):(ROPS III PPA needed for ROPS 13-14B) 2,461,587
Line 5: ROPS 13-14A RPTTF Prior Period Adjustment(Cash to be Retained for RODS 14-15A) (1,987,238)
Line 6: Ending Actual Available Cash Balance as of December 31,2013
Line 7: Beginning Fund Balance as of IJV14lsee Footnote B below 4,448,826
Line 8: Revenue/Income 6J30/14 2,136,858
Line 9: Estimated Expenditures for 13-14B Enforceable Obligations 4,598.446
Line 10: Estimated Retention of Available Cash Balance(6J30/14)-ROPS 13-14A PPA needed for ROPS 14-15A [1,987,238
Line 11: Estimated Ending Available Cash Balance as of June 30,2014(see Footnote B below
Footnote A:
I(NON-ADMIN RPTTF BALANCE AS OF JULY 1 2013 BEFORE ROPS 13-14A DISTRIBUTION
Cash Required for ROPS II PPA Deducted by CAC from ROPS 13-14A Distribution CAC DISTRIBUTION 3,605,493.00
Cash Required for ROPS III PPA to be Duducted by CAC from ROPS 13-14B Distribution CAC DISTRIBUTION 2,461,587.00
Total Non-Admin RPTTF Balance Held By Successor Agency as of July 12013 $ 6,067,080.00
(Footnote B:
aaR:&aKM=BALANCE AS QF JIANUARYI 2014 BEFORE ROPS 13-14B DISTRIBUTION
Cash Required for ROPS III PPA Deducted by CAC from ROPS 13-14B Distribution CAC DISTRIBUTION 2,461,587.00
(Cash Required for ROPS 13-14A PPA to be Duducted by CAC from ROPS 14-15A Distribution CAC DISTRIBUTION -1,987,238.00
Total Non-Admin RPTTF Balance Held By Successor Agency as of January 1,2014 $ 4,448,825.00
THE CHANGES DISCUSSED ABOVE HAVE BEEN INCORPORATED INTO COLUMN H OF THE REPORT OF FUND BALANCES.
Recognized Obligation Payment Schedule 14-15A-Notes
July 1,2014 through December 31,2014
Item# Notes/Comments
FOOTNOTES TO BOPS 14-15A-ROPS DETAIL
LINE 3-CBD DOWNTOWN STADIUM AGREEMENT
CBD-Downtown Stadium Agreement:Line 3 of the Recognized Obligation Payment Schedule for ROPS III,ROPS 13-14A,AND ROPS 13-14B Downtown Stadium
Agreement.DOF has denied this enforceable obligation pursuant to letter dated December 18,2012;however,Successor Agency disagrees with this
tletermination.Listed below are the amounts requested for ROPS III and the amounts which would have been requested for ROPS 13-14A,13-14B and 14-15A:
Amount requested for ROPS III: $140,473 Amount which would have been requested for ROPS 13-14A: $742.56
Amount which would have been requested for ROPS 13-14B:$80,742.56 Amount which would have been requested for ROPS 14-15A: $742.56
1
.I 11-CONVENTION CENTER-RADISSON ROTE
Convention Center-Radisson Hotel:Line 8 of the Recognized Obligation Payment Schedule for ROPS III,ROPS 13-14A,AND ROPS 13-14B Radisson Hotel Notes 24&
25.DOF has denied this enforceable obligation pursuant to letter dated December 18,2012;however,the Successor Agency disagrees with this determination.
Listed below are the amounts requested for ROPS III and the amounts which would have been requested for ROPS 13-14A,13-149,and 14-15A.
Amount requested for ROPS III: $100,743 Amount which would have been requested for ROPS 13-14A: $742.56
Amodra which would have been requested for ROPS 13-143: $100,742.56 Amount which would have been requested for ROPS 14-15A:$742.56
FOOTNOTES TO ROPS 14-15A-REPORT OF PRIOR PERIOD ADJUSTMENTS f
1-INE16-COLUMN H-FULTON-LSTREETPR01991 PA
The Department of Finance approved the expenditure of$240,000 purusant to its June 27,2013 Other Funds DDR final determination letter to
Successor Agency. !�
I
FOOTNOTES TO ROPS 14-15A-RULING OF WRIT OF MANDATE AND COMPLAINT FOR DECLARATORY AND INJUNCTIVE RELEF
The Successor Agency to the Redevelopment Agency of the City of Fresno received a Ruling of Petition for Writ of Mandate and Complaint for
Declaratory and Injunctive Relief from the Superior Court of California,County of Sacramento on February 11,2014.This ruling gave the
liousing Successor to the Redevelopment Agency of the City of Fresno control over all Housing Assets,including$17,880,383 in cash;
consequently,the Successor Agency no longer has an obligation to report any activities of the Housing Successor. Because ROPS 14-15A was
prepared prior to receipt of the February 11,2014 Ruling,the Housing Successor activities were shown on ROPS 14-ISA and remain for
informational purposes only.