HomeMy WebLinkAbout A_ FULL PACKET_2012-04-02MINUTES OF THE SPECIAL MEETING OF THE
SUCCESSOR AGENCY
OF THE CITY OF SANTA ANA, CALIFORNIA
CALLED TO ORDER
ATTENDANCE:
MARCH 19, 2012
POLICE COMMUNITY ROOM
60 CIVIC CENTER PLAZA
SANTA ANA, CA
7:14 P.M.
MEMBERS Present:
MIGUEL PULIDO, Mayor
CLAUDIA ALVAREZ, Mayor Pro Tern
P. DAVID BENAVIDES
CARLOS BUSTAMANTE
MICHELE MARTINEZ
VINCENT F. SARMIENTO
SAL TINAJERO
MEMBERS Absent:
None
STAFF Present:
PAUL M. WALTERS, Interim City Manager
JOSEPH STRAKA, Interim City Attorney
MARIA D. HUIZAR, Clerk of the Council
PUBLIC COMMENTS - None
REGULAR BUSINESS ITEM
1. RECOGNIZED OBLIGATION PAYMENT SCHEDULE PURSUANT TO ABX1 26
MOTION: Receive and file the Recognized Obligation Payment Schedule
acting as Successor Agency to the former Community Redevelopment
Agency of the City of Santa Ana.
MOTION: Sarmiento
VOTE: AYES:
NOES:
SECOND: Tinajero
Alvarez, Benavides, Bustamante, Martinez, Pulido,
Sarmiento, Tinajero (7)
None (0)
SUCCESSOR AGENCY MINUTES 1 MARCH 19, 2012
1-1
ABSTAIN:
ABSENT:
None (0)
None (0)
COMMENTS
2. CITY COUNCIL ACTING AS GOVERNING BODY OF THE SUCCESSOR
AGENCY COMMENTS - None
ADJOURNED - 7:14 P.M.
Maria D. Huizar,
Clerk of the Council
SUCCESSOR AGENCY MINUTES 2 MARCH 19, 2012
1-2
CLERK OF COUNCIL USE ONLY:
APRIL 2, 2012
TITLE:
COOPERATIVE AGREEMENT BETWEEN CITY AND
SUCCESSOR AGENCY, SUCCESSOR AGENCY
ADMINISTRATIVE BUDGET AND COOPERATIVE
AGREEMENT RESOLUTION
APPROVED
D As Recommended
? As Amended
O Ordinance on 1st Reading
D Ordinance on 2nd Reading
O Implementing Resolution
O Set Public Hearing For
CONTINUED TO
FILE
NUMBER
CITY MANAGER
RECOMMENDED ACTION
CITY COUNCIL ACTION
Approve and authorize the City Manager and Clerk of the Council to execute the attached
Cooperative Agreement with the City of Santa Ana, acting as Successor Agency to the former
Community Redevelopment Agency of the City of Santa Ana (Successor Agency) for
reimbursement of financial, administrative, and operational services, subject to non-substantive
changes approved by the City Manager and City Attorney, and Oversight Board approval pursuant
to Sections 34171(d)(1)(F) and 34178(a) of the Dissolution Act .
SUCCESSOR AGENCY ACTION
Approve and authorize the City Manager and Clerk of the Council to execute the attached
Cooperative Agreement with the City of Santa Ana (City) for reimbursement of financial,
administrative, and operational services, subject to non-substantive changes approved by the
City Manager and City Attorney, and Oversight Board approval pursuant to Sections
34171(d)(1)(F) and 34178(a) of the Dissolution Act.
2. Adopt a resolution approving the Successor Agency's proposed Administrative Budget for
February 1, 2012 through June 30, 2012 and authorizing the Successor Agency to enter into
an agreement for reimbursement of financial, administrative and operational services, subject
to Oversight Board approval pursuant Sections 34171 and 34177(j) of the Dissolution Act.
2-1
Cooperative Agreement Between City And Successor Agency,
Successor Agency Administrative Budget and Cooperative
Agreement Resolution
April 2, 2012
Page 2
DISCUSSION
On January 9, 2012, City Council adopted Resolution No. 2012-002 and designated the City of
Santa Ana as the Successor Agency for the former Community Redevelopment Agency of the City
of Santa Ana (Successor Agency), and the Housing Authority of the City of Santa Ana as the
Successor Housing Agency pursuant to California Health and Safety Code Section 34176. On
February 1 , 2012, the former redevelopment agency was dissolved and the City assumed the role
of the Successor Agency. Additionally, on March 1 , 2012, the required Recognized Obligation
Payment Schedule CROPS) was prepared and posted on the City's website for the period covering
January -June 2012, and received and filed by the Successor Agency on March 19, 2012. Further
actions are now proposed in furtherance of ABX1 26, the Dissolution Act.
Dissolution Act Section 34177Q), as modified by the Supreme Court's opinion in the matter of
California Redeve/opment Association, et a/. v. Ana Matosantos, requires the Successor Agency to
prepare a proposed "Administrative Budget" covering the period from February 1 , 2012 through
June 30, 2012 and submit it to the Oversight Board for approval. Pursuant to Section 34177(j), the
Administrative Budget is to include the estimated amounts of the Successor Agency's
administrative costs for the six-month fiscal period (first period is February 1, 2012 to June 30,
2012 based on reformed dates), the proposed sources of payment for the identified costs, and
proposals for arrangements for administrative and operations services provided by the City to the
Successor Agency.
Attached is the proposed Successor Agency Administrative Budget (Exhibit 1) to be submitted to
the Oversight Board of the Successor Agency for approval at their April 1 O meeting. Following the
Oversight Board action pursuant to Section 34177(k), the Successor Agency would then provide
the administrative cost estimate from the approved Administrative Budget that are to be paid from
the property tax revenues deposited into the Redevelopment Property Tax Trust Fund for the six
month period through June 30, 2012 to the County of Orange Auditor-Controller. Additionally, to
ensure provision of the necessary services from the City to support Successor Agency
responsibilities in winding down the activities of the former redevelopment agency and under the
proposed Administrative Budget, it is necessary that the City and the Successor Agency enter into
an agreement (Exhibit 2) for reimbursement of costs incurred by City to support Successor Agency
operations and obligations [pursuant to Sections 34171(d)(1)(F) and 34178(a) of the Dissolution
Act]. This agreement is also subject to Oversight Board approval.
FISCAL IMPACT
California Health and Safety Code Section 34173(e) stipulates that "the liability of any successor
agency, acting pursuant to the powers granted under the act adding this part, shall be limited to the
extent of the total sum of property tax revenues it receives pursuant to this part and the value of
2-2
Cooperative Agreement Between City And Successor Agency,
Successor Agency Administrative Budget and Cooperative
Agreement Resolution
April 2, 2012
Page 3
assets transferred to it as a successor agency for a dissolved redevelopment agency." Thus, the
City's obligations as Successor Agency are limited by the amount of property taxes and the value
of assets it receives in its role as the Successor Agency.
Nancy T. Ed rds
Interim Exec ive Director
Community Development Agency
NTE/SG/mlr
EXHIBITS: 1. Resolution
2. Cooperative Agreement
2-3
2-4
SUCCESSOR AGENCY RESOLUTION NO. 2012-
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SANTA ANA ACTING AS SUCCESSOR AGENCY TO THE
FORMER COMMUNITY REDEVELOPMENT AGENCY
ADOPTING AND APPROVING THE SUCCESSOR AGENCY'S
PROPOSED ADMINISTRATIVE BUDGET PURSUANT TO
HEALTH AND SAFETY CODE SECTION 34177(j), AND
AUTHORIZING THE SUCCESSOR AGENCY TO ENTER INTO
AN AGREEMENT WITH THE CITY OF SANTA ANA FOR
REIMBURSEMENT OF FINANCIAL, ADMINISTRATIVE AND
OPERATIONAL SERVICES PURSUANT TO HEALTH AND
SAFETY CODE SECTION 34171; AND MAKING OTHER
FINDINGS IN CONNECTION THEREWITH
BE IT RESOLVED BY THE MEMBERS OF THE SUCCESSOR AGENCY OF THE
CITY OF SANTA ANA, AS FOLLOWS:
Section 1 . The City Council of Santa Ana, acting as Successor Agency, hereby
finds, determines and declares as follows:
A. The Community Redevelopment Agency of the City of Santa Ana
("Agency") was established as a redevelopment agency that was previously organized
and existing under the California Community Redevelopment Law, Health and Safety
Code Section 33000, et seq. ("CRL"), and previously authorized to transact business
and exercise powers of a redevelopment agency pursuant to action of the City Council
of the City of Santa Ana ("City").
B. Assembly Bill x1 26 added Parts 1.8 and 1.85 to Division 24 of the
California Health & Safety Code, which laws cause the dissolution and wind down of all
redevelopment agencies ("Dissolution Act").
C. On December 29, 201 1 , in the petition Ca/ifornia Redeve/opment
Association v. Matosantos, Case No. S194861 , the California Supreme Court upheld
the Dissolution Act and thereby all redevelopment agencies in California were dissolved
as of and on February 1 , 2012 under the dates in the Dissolution Act that were reformed
and extended thereby ("Supreme Court Decision").
D. The Agency is now a dissolved redevelopment agency pursuant to the
Dissolution Act.
E_ By a resolution considered and approved by the City Council at an open
public meeting the City chose to become and serve as the "Successor Agency" to the
dissolved Agency under the Dissolution Act. The Housing Authority was designated the
"Successor Housing Agency", at said meeting as well.
EXHIBIT 1
2-5
F. As of and on and after February 1 , 2012, the City serves and acts as the
"Successor Agency" and will perform its functions as the successor agency under the
Dissolution Act to administer the enforceable obligations of the Agency and otherwise
unwind the Agency's affairs, all subject to the review and approval by aseven-member
oversight board ("Oversight Board").
G. Health and Safety Code Section 34177(j), as modified by the Supreme
Court decision, requires the Successor Agency to prepare a proposed administrative
budget covering the period from February 1 , 2012 through June 30, 2012 and submit it
to the Oversight Board for approval.
H. Pursuant to Section 34177Q), the Successor Agency's
"Administrative Budget" is to include all of the following: (a) estimated amounts of the
Successor Agency's administrative costs for the up-coming six month fiscal period;
(b) the proposed sources of payment for the costs identified in (a); and (c) proposals for
arrangements for administrative and operations services provided by the City serving as
Successor Agency.
I. Pursuant to Section 34180(h) the Successor Agency may request
authorization from the Oversight Board for the Successor Agency and the City of Santa
Ana to enter into an agreement to ensure provision of the necessary services from the
City to support Successor Agency responsibilities in winding down the activities of the
former community redevelopment agency, including the estimated costs set forth in the
Administrative Budget.
J. The Successor Agency desires to enter into that certain "Cooperative
Agreement Between the City of Santa Ana and the City Acting as the Successor
Agency for the Former Community Redevelopment Agency" ("Cooperative Agreement"),
which agreement will authorize the reimbursement of costs incurred by the City to
support Successor Agency operations and obligations.
K. Pursuant to the Dissolution Act, the actions of the Oversight Board,
including those approved by this Resolution, do not become effective for three (3)
business days pending any request for review by the Department of Finance ("DOF"),
and if the DOF requests review hereof, DOF will have 10 days from the date of its
request to approve the Oversight Board action or return it to the Oversight Board for
reconsideration and the action, if subject to review by DOF, will not be effective until
approved by DOF.
L. Health and Safety Code Section 34173(e) provides that "the liability of any
successor agency, acting pursuant to the powers granted under the act adding
this part, shall be limited to the extent of the total sum of property tax revenues it
receives pursuant to this part and the value of assets transferred to it as a successor
agency fora dissolved redevelopment agency." Thus, the City's obligations as
Successor Agency are limited by the amount of property taxes and the value of assets
it receives in its role as the Successor Agency.
NOW, THEREFORE, BE IT RESOLVED BY THE SUCCESSOR AGENCY:
2-6
Section 2. The foregoing recitals are incorporated into this Resolution by this
reference, and constitute a material part of this Resolution.
Section 3. Pursuant to the Dissolution Act, the Successor Agency approves
the proposed Administrative Budget, attached hereto as Attachment No. 1 and
incorporated by this reference. Such approval is conditional upon approval of the
Oversight Board.
Section 4. Pursuant to the Dissolution Act, the Successor Agency is
authorized to enter into the Cooperative Agreement with the City substantially in the
form of the Agreement attached hereto as Attachment No. 2 and incorporated by this
reference. Such approval is conditional upon approval of the Oversight Board.
Section 5. Upon authorization of the Oversight Board, the Successor Agency
shall transmit the Administrative Budget to the County Auditor-Controller.
Section 6. The Clerk of the Council shall certify the adoption of this
Resolution.
2-7
ADOPTED this day of April 2012.
Miguel A. Pulido
Mayor
APPROVED AS TO FORM:
Joseph Straka, Interim City Attorney
By:
Lisa E. Storck
Assistant City Attorney
AYES: Councilmembers:
NOES: Councilmembers:
ABSTAIN: Councilmembers:
NOT PRESENT: Councilmembers:
CERTIFICATION OF ATTESTATION AND ORIGINALITY
I, Maria D. Huizar, Clerk of the Council, do hereby attest to and certify the attached
Resolution No. 2012- to be the original resolution adopted by the City Council in
its role as the Successor Agency on April _, 2012.
Date:
Maria D. Huizar, Clerk of the Council
2-8
Attachment 1
CITY OF SANTA ANA, ACTING AS SUCCESSOR AGENCY TO THE FORMER
COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA
PROPOSED ADMINISTRATIVE BUDGET FOR FEBRUARY 1, 2012 -JUNE 30, 2012
l
Successor AgenCj/ ? _ .ap . ?5tlm?ted
?,I?ou#s
Staff Support (FOPS, ROPS, Admin Budget, Records Management, etc.) 1 $ 642,000
Brown Act requirements (agendas, minutes, etc.) 46,500
Supplies, printing, telephones, misc. items 17,000
_
Consultants (legal, financial, etc.) _ 121,000
Subtotal $ 826,500
Oversight Board
Staff Support (research, reporting, etc.) 1 $ 36,500
Brown Act requirements (agendas, minutes, etc.) 18,000
Supplies, printing, misc. items 3,000
Training and Transportation Subtotal $
$ 57,500
7,300
Delivery Charges __
1,550
Buildin Rental 55,000
Rental Cit E ui ment 9,850
Com uter Services Char a 7,100
IS Strate is Plan 95,000
Insurance Char es 93,000
Subtotal $ 268,800
5har? of Ck?'s? A}18L)trci: PCn - ?'
?< .- ? f ? W
<,,...; t ..,...
Indirect Costs $ 97,200
Subtotal $ 97,200
TOTAL ESTIMATED AMOUNT $ 1,250,000
The estimated amount of the Administrative Budget for the five month period covering
February through June 2012 is to be paid from property tax revenues deposited in the
Redevelopment Property Tax Trust Fund.
? Includes salaries, wages, and all fringe benefits offered by the City to employees-
2-9
2-10
COOPERATIVE AGREEMENT BETWEEN
THE CITY OF SANTA ANA AND THE
CITY OF SANTA ANA ACTING AS THE SUCCESSOR
AGENCY FOR THE FORMER COMMUNITY
REDEVELOPMENT AGENCY FOR FINANCIAL,
ADMINISTRATIVE,
AND OPERATING SERVICES
THIS COOPERATIVE AGREEMENT made and entered into this day of Apri12012,
by and between the City of Santa Ana, a charter city and municipal corporation, organized and
existing under the laws of the State of California, hereinafter referred to as "City," and the City of
Santa Ana acting as the successor agency for the former Community Redevelopment Agency of the
City of Santa Ana, hereinafter referred to as "Successor Agency."
RECITALS:
A. The Community Redevelopment Agency of the City of Santa Ana ("Agency") was
established as a community redevelopment agency that was previously organized and existing under
the California Redevelopment Law, Health and Safety Code Sections 33000, et seq. ("CRL"), and
previously authorized to transact business and exercise the powers of a redevelopment agency
pursuant to action of the City Council of the City.
B. The Housing Authority of the City of Santa Ana is a housing authority and public
body corporate and politic organized, existing, and operating pursuant to the California Housing
Authorities Law, Health and Safety Code Sections 34200, et seq.
C. Assembly Bill Xl 26 added Parts 1.8 and 1.85 to Division 24 of the California
Health and Safety Code, which laws cause the dissolution and wind down of all redevelopment
agencies in California ("Dissolution Act").
D. On December 29, 2011, the California Supreme Court upheld the Dissolution Act
and thereby all redevelopment agencies in the State of California were dissolved effective February
1, 2012.
E. By resolution considered and approved by the City Council at an open public
meeting on January 9, 2012, the City chose to become and serve as the "Successor Agency" to the
dissolved Agency under the Dissolution Act, and chose for its Housing Authority to become the
"Successor Housing Agency". All of the assets, properties, contracts, leases and records of the
former Agency (except for most affordable housing assets) were automatically transferred by
operation of law to the City acting as Successor Agency.
F. As of February 1, 2012, the City serves as the Successor Agency and will perform
its fiuzctions as the Successor Agency under the Dissolution Act to administer the enforceable
EXHF$IT 2
2-11
obligations of the Agency and otherwise unwind the Agency's affairs, all subject to the review and
approval by a seven member Oversight Board formed thereunder. City as Successor Agency is
engaged in activities necessary and appropriate to winding down the activities of the former
Agency's Merged Project Area consisting of six (6) project areas that were originally adopted and
amended by ordinances of the City Council.
G. Employees of the City will perform day-to-day administration and operation of the
Successor Agency's duties and functions. Since the Agency was originally formed, and upon
Successor Agency's effectiveness as of February 1, 2012, the City has provided and shall continue
to provide services to the Successor Agency, including but not limited to administrative, accounting,
auditing, planning, purchasing, engineering, legal, risk management, fmancial, clerical, record
keeping, and other services necessary for the Successor Agency to carry out its responsibilities.
H. The City and Successor Agency desire to affirm and document an on-going
cooperative arrangement regarding administrative, financial, and operational services and payment
for services and goods by entering into a new contract whereby City agrees to provide operational
and administrative services and Successor Agency agrees to pay City for the cost of said services to
be provided by City for Successor Agency in an amount equal to the Successor Agency
Administrative Budget prepared pursuant to Health and Safety Code Section 34177 (j) and program
and project expenses defined hereinbelow for each six-month fiscal period under the term of this
Agreement, and approved by the Oversight Board.
I. The parties agree and acknowledge that this Agreement is subject to Oversight
Board review and approval and that the Oversight Board's actions shall not become effective for
three business days, pending any request for review by the California Department of Finance
("DOF"). If DOF requests review of the Board action, it shall have ten days from the date of its
request to approve the Boazd action or return it to the Board for reconsideration, and the action, if
subject to review by DOF, shall not be effective until approved by DOF.
NOW THEREFORE, for and in consideration of their mutual covenants and promises,
hereinafter set forth, and subject to the terms, conditions and other provisions of this Agreement
hereinafter set forth, the parties hereto do hereby agree as follows:
1. Reimbursement of Administrative Expenses. The Successor Agency shall be liable to the
City for the payment of its Administrative Expenses as set forth in this Agreement and as adopted as
part of an Administrative Budget by the Successor Agency, as approved by the Oversight Board, as
such Administrative Budget may be amended, revised or reconciled from time to time. These
Administrative Expenses shall be in addition to any direct program or project expenses ("Project
Expenses") incurred and noted on the Enforceable Obligations Payment Schedule ("EOPS") and in
the Recognized Obligation Payment Schedule ("ROP5"), including salary and benefits of
employees, and any contracts for goods and services funded by the Successor Agency for Project
Expenses. The Successor Agency shall also be liable to the City for payment of these Project
Expenses where they are adopted as part of the EOPS or ROPS.
2-12
2. Services to be Provided. City agrees to continue to aid and cooperate in the planning,
undertaking, construction and operation of remaining enforceable obligations of the Successor
Agency previously incurred by the former Agency within the City, provided the cost of such
services are paid by Successor Agency. At the request of Successor Agency through the City
Manager and duly authorized designees, City and its officers and employees shall perform
services for Successor Agency in carrying out its work related to meeting the former Agency's
enforceable obligations and for winding down the activities of the former Agency and shall have
the access to any and all personnel, equipment, necessary and applicable contracts and consultant
agreements, goods and the facilities of the' departments and offices of the City. Those City
officers and employees who are also performing work with or related to the Successor Agency
shall perform services for each agency in a dual capacity. The City Manager, and other
appropriate City officials on behalf of the City, and the Executive Director of the former Agency,
and other appropriate Successor Agency staff on behalf of the Successor Agency, and their duly
authorized designees shall determine and establish the procedures to be followed in requesting
and rendering such services. The costs of administrative services shall be considered
Administrative Expenses in the Administrative Budget. The costs of other Successor Agency
Project Expenses which are supported by City services are identified in line items on the EOPS
or ROPS and not part of the estimated Administrative Expenses identified in Section 1.
3. Meeting Facilities. City agrees to make available to Successor Agency which office
space and meeting space as is necessary for conducting meetings and the business of such
agency, including use of the City Council Chambers, City Hall and appropriate conference
room(s) for open public meetings, closed session meetings, and study session meetings of the
Successor Agency and Oversight Board, and meetings of Successor Agency staff, counsel,
consultants, and other representatives. Each entity shall use such space in accordance with the
rules and regulations of the City as applicable to other buildings and offices of the City.
4. 5ucceedin? Years during Term of Agreement. The procedure set forth herein shall be
undertaken by Successor Agency, the Oversight Board, and City for each successive six-month
fiscal period during the term of this Agreement based on each approved Administrative Budget
and ROPS prepared pursuant to the Dissolution Act.
5. City Cost Allocation Plan: Estimated Cost of Administrative Services and Facilities
Expenses shall be calculated in the manner set forth in the City's cost allocation plan, or other
applicable reasonable cost allocation and accounting plan approved by the parties that conforms
with generally accepted accounting principles and that is generally applicable to all users of
services and facilities of the City. The specific costs to be allocated herein shall be based upon
the cost of the following categories of services:
5.1 Wage and Benefits Successor Agency. Wage and Benefit expenses incurred in
connection with City employees described to perform administrative services or certain work for
Successor Agency associated with "Project Expenses" (related to enforceable obligations),
include salaries, wage and fringe benefit administration (including, but not limited to, medical and
3
2-13
life insurance, retirement system, vacation and sick leave provisions). The Successor Agency shall
follow the City's Personnel Policy and labor contracts, rules and regulations, including procedures
affecting conflict of interest, use of funds and procedures on hiring and firing. The costs
attributable to employees who devote less than 100% of their time to the Successor Agency shall
be allocated in accordance with the City's costs allocation plan.
5.2 General Overhead. A general indirect administrative operating expense and
overhead support charge which shall be determined in accordance with the City's cost allocation
plan and Successor Agency's Administrative Budget.
5.3 Specific Services. All expenses that City may actually incur in providing specific
administrative services on behalf of Successor Agency include, but are not limited to: audit
services, lease of space to accommodate Successor Agency's activities, City Treasurer service,
property insurance for Successor Agency's properties, contracts for real estate, data and
information, records, department supplies and equipment, mail and postage services, equipment
maintenance and IT support. Operational services which relate to specific program and projects,
including but not limited to project management, legal services, engineering design, real estate
services, construction management, planning, contract costs, contract administration, inspection,
surveys shall not be considered administrative services but direct specific program and project
expenditures ("Project Expenses").
6. Provisions Severable. If any provision of this Agreement or application thereof to any
person or circumstance is held invalid, such invalidity shall not affect other provisions or
applications of this Agreement which can be given effect without the invalid provision or
application, and to this end the provisions of this Agreement are severable. The City Council
and Successor Agency each hereby declare that it would have approved this Agreement
irrespective of the invalidity of any particular portion thereof.
7. Effective Date of Agreement. This Agreement shall become effective as of the first day
noted above and shall continue thereafter until modified or terminated by the parties hereto. This
Agreement is subject to Oversight Board review.
8. Miscellaneous Provisions.
A. Brown Act. The Successor Agency meetings are noticed, open and public as
required by the Ralph M. Brown Act (Government Code section 54950, et seq., as
amended).
B. Public Records Act. The Successor Agency complies with the Public Records Act
(Government Code section 6250, et. seq, as amended) and unless a records clearly
falls within an exception, such records are made available to the public in
compliance with the City's policies and procedures.
4
2-14
C. Political Reform Act. The Successor Agency board members comply with the
conflict of interest rules promulgated by the Political Reform Act in conformity with
State law[Goveizunent Code Section 87300, as amended].
D. CEOA Guidelines. The Successor Agency shall follow City policies and procedures
with regard to CEQA.
E. Governine Law. This Agreement and all questions relating to its validity,
interpretation, performance, and enforcement shall be governed and construed in
accordance with the laws of the State of California.
F. Amendment. This Agreement may be amended as the parties hereto may mutually
agree by an instrument in writing executed by the parties hereto.
G. Newsuaner of General Circulation. The Successor Agency shall follow City
policies and procedures as to designation of the newspaper of general
circulation which will be used when the Successor Agency is required to give notice
regazding matters within the community (Government Code Section 6040, as
amended).
H. Review of Bond Document Covenants. The Successor Agency has established a
routine audit and control procedure that ensures that the Successor Agency's
ongoing activities comply with the bond document covenants.
2-15
IN WITNESS WHEREOF, the parties hereto have executed this Cooperative Agreement the date
and year first above written.
ATTEST:
Maria D. Huizar
Clerk of the Council
CITY OF SANTA ANA
By:
Paul Walters
Interim City Manager
ATTEST:
Maria D. Huizar
Clerk of the Council
APPROVED AS TO FORM:
Joseph Straka
Interim City Attorney/General Counsel
By: Lisa E. Storclc
Assistant City Attorney/Asst. Counsel
CITY AS SUCCESSOR AGENCY
By:
Paul Walters
Interim City Manager
RECOMMENDED FOR APPROVAL:
By:
Nancy T. Edwards
Interim Executive Director
Commugity Development Agency
6
2-16
REQUEST FOR ,
SUCCESSOR AGENCY
ACTION
MEETING DATE:
APRIL 2, 2012
TITLE:
OVERSIGHT BOARD MEMBERSHIP
ROSTER
_ fA-0--CITY MANAGER
RECOMMENDED ACTION
CLERK OF THE COUNCIL USE ONLY:
APPROVED
? As Recommended
? As Amended
? Implementing Resolution
? Other
CONTINUED TO
FILE NUMBER
Receive and file the Santa Ana Oversight Board membership roster.
DISCUSSION
ABX1 26 eliminated redevelopment agencies throughout the State effective February 1, 2012. In
accordance with Health and Safety Code Section 34173, the City of Santa Ana has elected to
serve as the Successor Agency to the former Santa Ana Redevelopment Agency to wind down
the affairs of the Agency. Most of the Successor Agency's activities are subject to review and
approval by an Oversight Board.
The Oversight Board has a fiduciary responsibility to holders of enforceable obligations and to the
taxing entities that benefit from distribution of property tax and other revenue. The actions of the
Oversight Board may, in turn, be reviewed by the State Department of Finance.
The Oversight Board is to be comprised of seven appointees from affected taxing entities and the
community that created the redevelopment agency. The membership of Santa Ana's Oversight
Board is to be made up of the following individuals (Exhibit 1):
1. Two members appointed by the County Board of Supervisors (Exhibit A);
2. One member appointed by the largest special district taxing entity with territorial
jurisdiction of the former redevelopment agency. This has been determined to be the
Orange County Sanitation District (Exhibit B);
3. One member appointed by the County Superintendent of Education (Exhibit C);
4. One member appointed by the Chancellor of the California Community Colleges
(Exhibit D);
5. One member appointed by the Mayor (Exhibit E);
6. One member that was employed by the former redevelopment agency and appointed
by the Mayor (Exhibit E).
3-1
Oversight Board Membership Roster
April 2, 2012
Page 2
The members of the Oversight Board shall serve at the pleasure of the entity that appointed such
member. The Oversight Board's first meeting is tentatively scheduled for April 10, 2012.
FISCAL IMPACT
There is no fiscal impact associated with this action.
Cat&
Nancy T. Ed rds
Interim Exec ive Director
Community Development Agency
NTE/SG/mlr
Exhibit: 1. Oversight Board Membership Roster
3-2
CITY OF SANTA ANA
OVERSIGHT BOARD APPOINTED MEMBERS
JOHN ACOSTA - APPOINTED BY THE COUNTY BOARD OF SUPERVISORS
JOE DIXON - APPOINTED BY THE COUNTY SUPERINTENDENT OF EDUCATION
MARK McLOUGHLIN - APPOINTED BY THE CHANCELLOR OF THE CALIFORNIA
COMMUNITY COLLEGES
MARC MORLEY - EMPLOYEE OF THE FORMER COMMUNITY REDEVELOPMENT AGENCY -
MAYORAL APPOINTEE
VINCENT F. SARMIENTO - MAYORAL APPOINTEE
JULIE STROUD - APPOINTED BY THE COUNTY BOARD OF SUPERVISORS
SAL TINAJERO - APPOINTED BY THE ORANGE COUNTY SANITATION DISTRICT (LARGEST
SPECIAL DISTRICT) z
EXHIBIT 1
3-3
a
ORANGE COUNTY BOARD OF SUPERVISORS
A g e n d a R e v i s i o n s a n d S u p p l e m e n t a I s
Note: This supplemental agenda is updated daily showing items that have been added continued, deleted or modified
No new supplemental items will be added to this agenda following late Friday's posting.
March 6, 2012
DISCUSSION
17. Continued to 3/20/12, 9:30 a.m.
18. Continued to 3/27/12, 9:30 a.m.
20. Continued to 3/20/12, 9:30 a.m.
22. Continued to 3/20/12, 9:30 a.m.
24. Revised Title to read:
County Executive Office - Approve recommended positions on introduced or amended legislation and
consider other legislative subject matters; and adopt resolution supporting AB 1455, High Speed Rail -
All Districts
26. Revised Title to read and continued appointments of Cheryl Brothers, Fountain Valley, Tony Lam.
Westminster and Ken Sprague, Westminster to 3/20/12, 9:30 a.m.:
Chairman Moorlach - Approve appointments of Thomas Dean to the positions slot to be nominated by
Chair of the Board of Supervisors slot and Bill Steiner to the position slot to be nominated by the Board
of Supervisors slet on the Oversight Board of the Successor Agency to the Orange County Development
Agency and Doug Shively, Anaheim; Kent Forte and Don Parker, Brea; David Zenger, Buena Park;
GheFy l Brothers, to the First District slot of the Fountain Vafley; Craig Walker and Scott Stanford,
Fullerton; Supervisor Nguyen and Christy Delp, Garden Grove; Linda Steves and Ron Shepard, La
Habra; Bill Heaton and Ed Garcia, Placentia; John Acosta and Julie Stroud, Santa Ana; T'ei#, Lam an
Ken rrv,. ue W-est,M;, . tell to the respective Oversight Boards of the Successor Agent) Agencies to the
City Redevelopment Agencies (Continued from 2/28/12, Item S51C)
27. Deleted
CLOSED SESSION
CS-1. Deleted
THE FOLLOWING AGENDA ITEMS HAVE HAD CHANGES TO THEIR RECOMMENDED ACTIONS SINCE
RELEASE OF THE AGENDA TO THE PUBLIC:
Items: 24 & 26
REVISIONS AND SUPPLEMENTALS TO MARCH 6, 2012 AGENDA - PAGE 1 OF 2
Document last updated: 3/6/2012 8:58 AM EXHIBIT A
3-4
Wednesday, March 28, 2012
Orange County Sanitation District 6:30 P.M.
Regular Meeting of the +' ,y Board Room
Board of Directors 10844 Ellis Avenue
Fountain Valley, CA 92708
(714) 593-7130
AGENDA
INVOCATION AND PLEDGE OF ALLEGIANCE: (Michael Levitt, City of Seal Beach)
DECLARATION OF QUORUM:
ROLL CALL:
PUBLIC COMMENTS: If you wish to speak, please complete a Speaker's Form (located at the table
outside of the Board Room) and give it to the Clerk of the Board. Speakers are requested to limit
comments to three minutes.
REPORTS: The Chair and the General Manager may present verbal reports on miscellaneous matters
of general interest to the Directors. These reports are for information only and require no action by the
Directors.
CLAIMS:
Ratify payment of claims of the District, by roll call vote, as follows:
Claims Paid for the Period Ending. 02/15/12 02/29/12
Totals
$9,166,907.14 $6,897,549.31
DIRECTORS: Pursuant to Government Code Section 84308, you are required to disclose any campaign
contribution greater than $250 "received in the past twelve months from any party to a contract involving
OCSD. This requires that you identify the contributor by name. Further, you may not participate in the
decision making process to award a contract to such party. For reference, you are directed to the Register
of Warrants as to all current contractors/vendors with OCSD. For the specifics" of Government Code
Section 84308, please see your Director's Handbook or call the office of General Counsel.
CONSENT CALENDAR: Consent Calendarltems are considered to be routine and will be enacted.
by the Board of Directors, after one motion, without discussion. Any items withdrawn from the Consent
Calendar for separate discussion will be considered in the regular order of business.
03/28112 OCSD M WgjQr&genda Page "I of 5
3-5
2
3
Approve minutes for the Regular Board Meeting held on February 22, 2012.
Approve the recommended list of OCSD representatives to the Redevelopment
Agency Oversight Boards as follows:
City
Anaheim
Brea
Buena Park
Fountain Valley
Fullerton
Garden Grove
Huntington Beach
La Habra
La Palma
Orange
Santa Ana
Stanton
Westminster
4
Recommended Oversight Board Member
Gail Eastman
Don Schweitzer
Fred Smith
Steve Nagel
Sharon Quirk-Silva
Steve Jones
Joe Carchio
James Jim Byerrum
Mark Waldman
Doug Davert
Sal Tinajero
Dave Shawver
Margie L. Rice
A. Ratify the pre-selection of three manufacturers: Henry Pratt Company,
Dezurik Corporation, and Crispin Valve, based on their qualifications;
B. Award an equipment purchase contract to Southwest Valve and
Equipment (Pratt Valve), Inc. the lowest, responsive and responsible
bidder for a total amount not to exceed $182,508; and,
C. Establish a contingency of $18,251 (10%).
5. A. Withdraw award of service order agreement to Kaveh Engineering &
Construction, Inc., due to non contract compliance, in an amount not to
exceed $141,956 for P2 78-inch Outfall Land Section Piping Repair
Specification No. FR-2011-500;
B. Ratify a service order agreement to the second lowest bidder Sancon
Engineering, for P2 78-inch Outfall Land Section Piping Repair
Specification No. FR-2011-500, for a total amount not to exceed
$228,000; and,
C. Approve a contingency of $45,600 (20%).
03/28/12
OCSD Board of Directors' Agenda
EXHIBIT B
Page 2 of 5
3-6
March 6, 2012
Paul Walters, Interim City Manager
ORANGE COUNTY City of Santa Ana
DEPARTMENT 20 Civic Center Plaza, 8th Floor
OF EDUCATION Santa Ana, CA 92701
200 KALMUS DRIVE
P.O, BOX 9050
COSTA MESA, CA Re: Appointment to Successor Agency Oversight Board
92628-9050
Dear Mr. Walters:
(714) 966-4000
FAX (714) 662-3570 please be advised that pursuant to Health and Safety Code section 34179, in my
www.owe.us official capacity as Orange County Superintendent of Schools that I have appointed
Joe Dixon to serve on the City of Santa Ana's Oversight Board to represent the
1Ni1LUAM M. RABERMEIL interests of the school districts in the City of Santa Ana's redevelopment area. Mr.
Coady suarktaodem Dixon may be contacted at:
at SGtwab
Joe Dixon
1601 E. Chestnut Avenue
LYNN APRIL HARTLINE Santa Ana, CA 92701
Deputy superintendent (714) 480-5356
joe.dixon@ SAUSD,US
Please send the Oversight Meeting Schedule to the appointed representative, district
superintendents listed below and our Associate Superintendent Wendy Benkert.
JOHN L. NELSON
assocI?esup?imendern Attached is their contact information. If you have any questions, lease contact
Y Y 9. 1?
Wendy Benkert at wbenkert@ocde.us or Ron Wenkart at rwenkart@ocde.us.
Sincerely,
William M. Habermehl
County Superintendent of Schools
ONAIiIGECOU}OTY
BOND Of EDUCATIM cc: Joe Dixon
JOHN W. BEDELL, PH.D. Laura Schwalm, Ph.D., Superintendent, Garden Grove USD
Robert Barbot, Ed.D., Interim Superintendent, Newport-Mesa USD
DAVID L. BOYD Michael L. Christensen, Superintendent, Orange Unified School District
ELIZABETH PARKER Thelma Melendez De Santa Ana, Ph.D., Superintendent, Santa Ana USD
LONG PHAM, PH.D. Gregory A. Franklin, Ed.D., Superintendent, Tustin Unified School District
KEN L. WILLIAMS, D.Q,
EXHIBIT C
3-7
iATE OF CALIFORNIA JACK SCOTT, CHANCELLOR
CALIFORNIA COMMUNITY COLLEGES
CHANCELLOR'S OFFICE
1902 Q STREET Jr m?
SACRAMENTO, CA 95811-6549 o f
(916)445-8752
http:NW w\I+. aocCo, ed U
March 2, 2012
Shaun Skelly, Chief Deputy Auditor-Controller
County of Orange
12 Civic Center Plaza Room 200
P.O. Box 567
Santa. Ana, CA 92702
Dear Mr. Skelly,
As part of the 2011-12 state budget, ABXl 26 dissolved Redevelopment Agencies (RDAs) and provided
for Successor Agencies to be formed to administer the payment obligations of the former RDAs. The
legislation stipulated. that each successor agency would have an oversight board, and it prescribed the
number and types of members on each board. As Chancellor of the California Conlnnunity Colleges, I aum
charged with the responsibility of appointing a community college representative to each oversight board.
For Orange County, I hereby appoint the following people to represent the interests of the California
Community Colleges;
RedeVelO Ment Agency Community College District Representative
Anaheim North Orange County Claudette Dain
Brea North Orange County Claudette Dain
Buena Park North Orange County Fred Williams
Costa Mesa Coast Andy Dunn
Cypress North Orange County Fred Williams
Fountain Valley Coast Wanda Doty
Fulleiton North Orange County Rodrigo Garcia
Garden Grove Coast Andy Dunn
Iluntington Beach Coast: Andy Dunne
Irvine South Orange County Debra Fitzsimons
La ftabra North Orange County Fred Williams
La Palnia North Orange Comity Claudette Dain
Lake Forest South Orange County Kim McCord
Mission Viejo South. Orange County Debra Fitzsimons
Orange (City) Rancho Santiago Arianna Barrios
Orange County Rancho Santiago Peter Hardash
Placentia North Orange County Rodrigo Garcia
San Clemente South Orange County Debra Fitzsimons
San Awn Capistrano South Orange County Kim McCord
Santa Ana Rancho Santiago Mark McLoughlin
Seal Beach Coast. Andy Dumi
Stanton North Orange County Rodrigo Garcia
Tustin South Orange County Debra Fitzsimons
Yorba Linda North Orange County Claudette Dain
Westminster Coast Andy Dural
EXHIBIT D
3-8
If you have any questions about these appointments, please contact Diane Brady, Fiscal Policy Specialist,
at (916) 324-2564 or dbradygcccco.edu.
Sincerely,
Jack Scott, Ph.D.
Chancellor
CC: Coast Community College Dis17•ict
North Orange County Community College District
Rancho Santiago Co.nrrrrunity College District
South Orange County CommUlity College District
California Department of Finance
EXHIBIT D
Page 2
3-9
MAYOR
Miguel A. Pulido
MAYOR PRO TEM
Claudia C. Alvarez
COUNC IAIEMBERS
P. David Benavides
Carlos Bustamante
Michele Martinez
Vincent F. Sarmiento
Sal Tinajero
March 22, 2012
Paul M. Walters
Interim City Manager
City of Santa Ana
20 Civic Center Plaza (M-31)
Santa Ana, CA 92701
CITY OF SANTA ANA
20 CIVIC CENTER PLAZA • P.O. BOX 1988
SANTA ANA, CALIFORNIA 92702
SUBJECT: MAYOR'S APPOINTMENTS TO OVERSIGHT BOARD
Dear Mr. Walters:
CITY MANAGER
David N. Ream
CITY ATTORNEY
Joseph W. Fletcher
CLERK OF THE COUNCIL
Maria D. Huizar
Please be advised that pursuant to Health and Safety Code Section 34179 in my capacity as Mayor, I have.
appointed the following individuals to serve on the Oversight Board for the City of Santa Ana, acting as
Successor Agency to the Community Redevelopment Agency of the City of Santa Ana:
• Section 34179 (a) (2). appointment - Council member Vincent F. Sarmiento, representing the City
of Santa Ana
• Section 34179 (a) (7) appointment - Marc Morley, representing the employees of the former
Community Redevelopment Agency with SEIU
cc: Mayor Pro Tem and Council members
EXHIBIT E
3-10
REQUEST FOR ??
SUCCESSOR AGENCY - ,i
ACTION -
MEETING DATE:
APRIL 2, 2012
TITLE:
SUCCESSOR AGENCY APPROVAL OF
AMENDED RECOGNIZED OBLIGATION
PAYMENT SCHEDULE CROPS) AND
SECOND AMENDED ENFORCEABLE
OBLIGATION PAYMENT SCHEDULE
(FOPS)
CLERK OF THE COUNCIL USE ONLY:
APPROVED
(] As Recommended
? As Amended
? Implementing Resolution
0 Other
-?,? CITY MANAGER
RECOMMENDED ACTION
CONTINUED TO
FILE NUMBER
It is recommended that the City Council acting as the Successor Agency to the former Agency:
Adopt a Resolution approving the Amended Recognized Obligation Payment Schedule
("BOPS") and certain other actions pursuant to Part 1 .85 of the Dissolution Act.
2. Adopt a Resolution approving a Second Amended Enforceable Obligation Payment
Schedule ("Second Amended FOPS") and certain other actions pursuant to Part 1 .85 of the
Dissolution Act.
3. Approve the City Manager and/or Director of Finance, or their designees, as delegated
officials of the City acting as Successor Agency, as authorized to make any augumentation,
modification, additions, or revisions as may be necessary to the ROPS or FOPS based on
review by the State Department of Finance (DOF), or the County of Orange's selected
independent auditor in the case of the BOPS.
DISCUSSION
The California Supreme Court's decision in Ca/ifornia Redeye/opment Association, et a/., v.
Matosantos ("Matosantos") upheld Assembly Bill X1 26, the "Dissolution Act." AB X1 26 added
Parts 1.8 and 1.85 to Division 24 of the California Health & Safety Code, which caused the
dissolution and winding down of all California redevelopment agencies. By resolution, the City
Council on January 9, 2012, elected for the City to act as the "Successor Agency" to the
community's dissolved redevelopment agency ("Agency") and the Housing Authority of the City of
Santa Ana as "Successor Housing Agency." On February 1 , 2012, the Agency was dissolved
and the City began service as the "Successor Agency." The City is performing its functions as
4-1
Amended BOPS and FOPS
April 2, 2012
Page 2
the Successor Agency under the Dissolution Act to administer the enforceable obligations of the
Agency and otherwise unwind the Agency's affairs, all subject to the review and approval by a
seven-member Oversight Board. Prior to its dissolution and pursuant to Part 1.8, the Agency
adopted an original and an Amended Enforceable Obligation Payment Schedule ("FOPS") and
prepared a Recognized Payment Schedule ("BOPS").
Asa result of a recent discussion with the State Department of Finance, certain items on the
BOPS, that was prepared as required by March 1 , 2012, have been revised (see highlights on
Exhibit A of Exhibitl ), thus the "Amended BOPS" is being presented for approval. Following
action by the Successor Agency, the BOPS is required to be presented to the Oversight Board
for its approval, and then submitted to both the State Controller's Office and State Department of
Finance (April 15, 2012 deadline). The Santa Ana Oversight Board's first meeting is tenatatively
scheduled for April 1 O, 2012.
To be consistent with the amendments to the BOPS, an update to the Amended FOPS has been
prepared ("Second Amended FOPS") and is being recommended for approval as well. The
original FOPS was approved by the former Redevelopment Agency ("Agency") on August 24,
201 1 , and the Amended FOPS was subsequently approved by the Agency on January 30, 2012
(Exhibit A of Exhibit 2).
FISCAL IMPACT
California Health and Safety Code Section 34173(e) stipulates that "the liability of any successor
agency, acting pursuant to the powers granted under the act adding this part, shall be limited to
the extent of the total sum of property tax revenues it receives pursuant to this part and the value
of assets transferred to it as a successor agency for a dissolved redevelopment agency." Thus,
the City's obligations as Successor Agency are limited by the amount of property taxes and the
value of assets it receives in its role as the Successor Agency.
?Y) G?LG?o
Nancy T. Ed rds
Interim Execu ive Director
Community Development Agency
NTE/SG/mlr
Exhibits: 1. BOPS Resolution
2. FOPS Resolution
4-2
3/29/12 LES
SUCCESSOR AGENCY RESOLUTION NO. 2012-
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA
ANA ACTING AS SUCCESSOR AGENCY TO THE FORMER
COMMUNITY REDEVELOPMENT AGENCY APPROVING THE
AMENDED RECOGNIZED OBLIGATION PAYMENT SCHEDULE
CROPS) AND CERTAIN OTHER ACTIONS PURSUANT TO PART 1.85
OF THE DISSOLUTION ACT
BE IT RESOLVED BY THE MEMBERS OF THE SUCCESSOR AGENCY OF THE CITY OF
SANTA ANA, AS FOLLOWS:
Section 1. The City Council of Santa Ana, acting as Successor Agency, hereby finds,
determines and declares as follows:
A. The California Supreme Court's decision in the recent California
Redeye/opmentAgency v. Matosantos case upheld ABX1 26 which will now control the
dissolution and winding down of every California redevelopment agency. ABX1 26
prohibits agencies from taking numerous actions, requires all agencies to wind down
their affairs effective immediately, and provides that agencies are deemed to be
dissolved as of February 1 , 2012.
B. On January 9, 2012, pursuant to section 34173 of the California Health &
Safety Code, the City of Santa Ana ("City") elected to serve as the Successor Agency for
the former Community Redevelopment Agency ("Agency") of the City of Santa Ana and
the Housing Authority of the City of Santa Ana as "Successor Housing Agency".
C. The City will perform its functions as the Successor Agency under the
Dissolution Act to administer the enforceable obligations of the Agency and otherwise
unwind the Agency's affairs, all subject to the review and approval of a seven member
Oversight Board.
D. Prior to its dissolution and pursuant to Part 1.8, the Agency prepared the
original Recognized Obligation Payment Schedule ("ROPS") by March 1 , 2012, which
was received and filed by the Successor Agency on March 19, 2012.
E. As the result of a recent discussion with the State Department of Finance,
certain items on the BOPS have been revised (see Exhibit A, attached hereto and
incorporated herein by this reference). Following action by the Successor Agency, the
BOPS is required to be presented to the Oversight Board for its approval, then submitted
to both the State Controller's Office and the State Department of Finance.
F. Health and Safety Code Section 34173(e) provides that "the liability of any
successor agency, acting pursuant to the powers granted under the act adding this part,
shall be limited to the extent of the total sum of property tax revenues it receives
pursuant to this part and the value of assets transferred to it as a successor agency for a
dissolved redevelopment agency." Thus, the City's obligations as Successor Agency
EXHIBIT 1
4-3
3/29/12 LES
are limited by the amount of property taxes and the value of assets it receives in its role
as the Successor Agency.
Section 2. The attached Amended Recognized Obligation Payment Schedule (Exhibit
A) establishes those obligations which the Community Redevelopment Agency of the City of
Santa Ana has binding commitments that it has entered into and includes legal commitments
that it is obligated to perform , to meet the pre-existing commitments of contracts and obligations
that were established prior to the effective date of ABX1 26.
Section 3. The City Manager, or his/her designee ("City Manager"), is directed to file
this Amended Recognized Obligation Payment Schedule in the manner required by law.
Section 4. The City Manager and/or the Director of Finance, or their respective
designees, as delegated officials of the City acting as Successor Agency, are authorized to
make any augmentations, modifications, additions, or revisions as may be necessary to the
Amended BOPS, and as may be amended from time to time, based upon review by the State
Department of Finance or the independent auditor selected by the County of Orange.
Section 5. This Resolution shall take effect immediately upon its adoption by the City
Council acting as the Successor Agency, and the Clerk of the Council shall attest to and certify
the vote adopting this Resolution.
2
4-4
3/29/12 LES
ADOPTED this day of
APPROVED AS TO FORM:
Joseph Straka, Interim City Attorney
By:
Lisa E. Storck
Assistant City Attorney
AYES: Councilmembers:
NOES
Councilmembers:
ABSTAIN: Councilmembers:
NOT PRESENT: Councilmembers:
2012.
Miguel A. Pulido
Mayor
CERTIFICATION OF ATTESTATION AND ORIGINALITY
I, Maria D. Huizar, Clerk of the Council, do hereby attest to and certify the attached Resolution
No_ 2012- to be the original resolution adopted by the City Council acting as the
Successor Agency on April 2012.
Date:
Maria
3
4-5
Tzar, Clerk of the Council
4-6
S Q
S
'o
x
w
s
a
6
s¢
(?
O
C
U
O
-
? 13
r1 8
? 8
? 8
? R
? $
SS 8
? R
? 8
d 8
? $
? 8
n 8
8 ?
m $
? 8
f: 8
C $
..? q ?5
?} ?
S 6
? ?
?_ 6 "'
? 9j
5 ".?
? ?
? $
R m
g $ ?
?
e
$
?
?
a
?
ti
?
?
?
$
?
?
„
gy
m
-
?
?
m
=
?
?
$
?
? n
z
3a
~ ~ - y ? ? ? - ? ? ?
s a s R a R S n $ a s ? xt s a si ? st ? "' 3 ? & ? tn, $ q s y?
?
v
N
6 F3 u_ ?[ m m ? ? ? Ti ? ? A 3
? f7 ° ' S E
?
? ?`
a
_ 8
?
_ ?
.? $
? F
R ?
? ? ?
? ?
?
? ?
? ?
a ?
? g
?
? q ?
3
- p H
? H
n ? ?
» ? -
a
?
a
a
?
s
?
?
s
?
=
?
a
?
?
?
a
?
--
?
s?
?
N
?
?
s
?
?
a
?
a
?
a
a
?
-
a
y
Y ? ? ?
R'i 8
.? 8
? C
vi
? ?
F $
- 8,
S °r
74 ?
g r ?
? ?
? a?j
13 m
? q
? u_
? w
o ry
.'? _M
'Ji va
? u
?_
H -
»
8 8
?_ ?°-
.°
'?_
? 8
o ? Y3.
r m
? fti
S S,
o Z
R
_
? .? x $ 8 8 8 8 8, 8 8 8 8 8 8 8 8 8 8 iC B 8 8 8 8 8 8 8 '8 $ S 8, $ 8 8 @ SS ? .^y
? ? & 53 ?
? t.Y $ _ ..r '° $ ? ?_ F' n s ? ? ?,
- H . ? 8 S 8 ? §
- ? rn ? 8`, ?
? ? R .
3 33
h ? ? _ ? S2 ? y
?
E I
?
µµ
?
?
?
??ii
?
?
?
µµ
?
?
?
?
µµ
?
µµ
? b
S
?
gn ? ? ? F
4n ?
¢ ? °d °n' °n' ? L
°o' '¢ ?
¢ 4n ? ? ? ? ?
¢ °a' ?
¢ F
°¢ °n ¢° ? ?
¢ ¢ C
°¢ ¢ F
°d ?
¢ z ?'
g
?
gg ?
?
?
? ?
a ? ?
? E ? ?
g ? ?
gg
Q ? ? F ?a _
? ? m ? dddfi ? ? ? ? E
s ?
gy 8
8
3R
"- 9
€E 9 ?S
n
9
YI
9
$ ? '?d
5
$ S
? ? ? s ,? a e a ? € ? ? ? ? ? ? ? ? ? ?
NG 3 Y2
_a Yz $
`` Tz
Y YL
s q
2 Y
Z
a p
a
N ? ? ? y
a 4S
u
9 ?
q
? ? ? q
A ? ?
a
? O ? A
¢
`5
m m Y ? ? ? ? _
? y Y E ? vi
y N ? ? r3i E
uS ? N U Y F
Q q ? ? ? ? ? !
F ? ? Eq
C ? ? ? ? F ?
a
B
a
%
e
6
€
a
?
? gg
R
?
?
fu
8
?
a
?
?
?
$
$ ? "
' e ? ? k ? ? ? ? ? Sal ? '?. ? ? ? ? lam` $
.? & ge
? ? m g fy? y
S
z ?
` ? ??gj ??g^ ??gj ?d? g?g gB' g?g ,? ? gg '?`
? E
? ?
? ? ¢ ? $ s `?F `?L°L°?A°S?? $?4??
d
?
- R SZ Ri ? S2 R F3 2Z .B R ? c? $ 3 g ? a ? ? € € E i E a $ $? ? ? ? ? ? 3
e ? ? . s .
4-7
a §
?_
K
? E
z a?
N
6
O
WO
tl
(='1
w
K
O
R 8 Si 8 m m
$_
? 8
? 8
o 8 8
? S _g
m ? y?p
i
?_
? 8,
- 8
o $
? 8
? 8 ?
?
£
a
?
_ ?
? 8
o S{ 8
? S
? S ?
K
? 8
o Y., 8
$ S
? 8
o ,g.
S
?
p S
? Y,_ 8 8
9, 8
° gv?
?
9
B 8
o S
0 8
0 8 ?
?
VV
4 ? o g S g
? $
? 8
? 8 ?Z as
R a
o
? Q
S Q
$
? [{
9
y
?
? g$ g
n ? ? ? ? fC ,CL','
g v"
y ? ? ? ? ? O
S ? ? ? ? ? ? K
5
? ? ?
? ?
s g
?
? ?
? ? m
€
a
gg
i
c
o
?
3
?2
i
?sq
2 Jj
'.b
8
?
3
E
3° E
?
@@
g
? ? E g
? ? $ 2
?` gg q'
? °n° S s
yyy $ 9
s 9
$
b'
? b ? yy 55
? ? LL LL
s
?
?, h y N ?
> ?
N ?
E
E ?'
? ?
? ®
.'y p
?
?
°J
o 3} T.
d
?
-
E ? 8 < ? °j E ? ? n 'ice Y
?
??
?
O
a
€ ?
?
d g
?
a 3 ?
d ?
i ?
d ?'
g VV
?s
? 5 ? $J
? g
R ? ?
4-8
K Q$p
Z 2
w
N
6
2
Q
O
D
V
6
O
S & 8 9e ?i ? ? ? ? ?_
? ? m ? ?i w ? p ?i w •i$s
»
N
-
M _ a ??i
?
a ?p p 2
8p
S pg
S g
i3 $
? gp
E Xl 4Fr'i H ?
}y
b
G
4 ?i ai ? m
g 5°?
' $ pg rv ? `g?
? uc
S m o p
,]
f e
rv 'ef' Q
S q
if q
25 Q
S ?y
Ti ? ey
3
? ? A. - m - ?' ? H
"' 8
? ?
.? 8
? -
.?.? S
? p?q3
?i
& $
& 38
m
F
n ? H ? w ? m
r?
?i
? ?
? o
o r?
?
?
$ ? Q
- ?
?
? o
m ?Q
a ?i
? .?
F
? m
336 g? @S. Sl
? $ ? o !T?? Eg R
a pOp 8 `a$°?;
?
Kg O Ti
! ffi
w ? F3 S
o_ I? rv 8_ GS
8 Q ? ?
$ Y
?
?
?
?
?
? µF3
C
? µF$
l?
? py
]? ? ? O
c ? ? ? ? ? ? ? ? ? s ? d
E
? i
E
v
L
u
y
sir
?
?
?
8 ?
i€ ? 88
?
!?
?5
?
$ 9
E
? 5
E g
E
?
q ?
? $ 333
S
p @ y y
S 9
9
w _ _ _
y ¢ _
?
?
? F
? ? ? g
g ? "' ? ? ?
$
?
R
S ? g
€?y?
S
3
? ?
? ? ? ? ? ? ?
g ?
g ? .?
?
E n
S ? N G
? ? $ ?
4n
o ? g
S a o v ? _ g
s F
° .'? ?
4-9
n
ff
a
? e
0
U
N
a
c°i
90
Q
W
A ?? R ?
? A?
? ? e
? ?
- 8
? 8
? ?
3 ?
? xp
? ?,
? $
w gg yry
? 9
B
?
Ya
m
H
m
A
.
°..
Sn S
- » - ?
?
? ? s?s
ys m R?
$ m s
? ?
? ?
? $
d a
? 8 is
? 5 sx
`. ?
n .l
p
a
o m
?
? $
q ?
m Q
?? 8
? ?
? 8
? s
? s
? S
°a 8
?
n
? o o N m - o
? m
? r ? ? ?` m ? $' 8 8 g ? g °r
a
m
m
?i
m
?m
? m
a
?
?
a
s
.?
R
S
§e
S
? m
°
R ?
? ? m
? m ? ?
? m 8
? 3
N $
? ?
$
m g
? 8, n
?
m
? - _
6
.
G
?
U 8
m
?
?
- 8
e 8
? 'O
? '8.
? '
.
? Yi
? €
N_
?
? S
? 'gy?
.c? O
S 4
3r ? $, $
?
'? $,
3 g
? g
? g
? $
? $ OO
?Ri
4 CC
?i
?
? G
R e
4 Ri
r
_
? F RF _
R n ? s ? ? ? ? ? ?N .
?
?
? -e
o R
?
?
?? µCg µCg µ µ µ µ ? µ µ µ ? E 2
?
? i ?
Z _ S
J 3 3
1 3
? S
? i
? S
?
? S
?
3
- ?
€ w
?
?
?
W
?
?
F y?
i
m ? ? ? ?
? $ m$
3 E µ?
E 8
g ?
$?
?, H ?
??
?'?
????s
o ?
J ? ? ? p ? ? ? ? ?
J ? ? ? ? g $
? ? ? ? gg
Ti ? ? % ?
$ $ ? ? ? ?
3 3 ? ? ? g
?
? ?
g ? ? ? '
s
°
p¢
O 3
O? s
?
_
? .g
'jy?
C 5
p
a
E
$? 6
,fg
Y' ? 6
? 6'
?
?
€ S? E
R
4-10
8 ?
Z
W
N
Q6
F
m?
O
O
W
Z
6
8 8 8 8 5t ? ?
m
_ _ _ _ _ _ ? _ ?
S ° S XI 8 ° P ?
8 .
°
F ? ? ? ? y ?
S gg
? p
? Y
_ 8 S 8 ? 8 $ R ?
_ ?
r 8
s ?
? 8
? ?
a 8
? $
? R ?
`
?
?
- a
s
s ?
o s
? „
? s
? a
? ? ?
Y
g ?
rv y$5
id y?'?t
i{ Q?
E ?
? _ry ?,
Tqi
_
g
$] 8
? 8
? 8
? 8
? $
? r$
?
$
R `e
as
0
.Qi
n
°
.
`Ps
a
?
?
O vp
'Q
9
g y
?
9 6 r9i
µ
?
S ?
VVJI 2_ LL S_ S_ ? ? S_ ?'
? ?
?
?
? Z
J 5
J
?
? b
yy
$
.g ? O
E g
y9j ?
«[$$$
m
?
?
5 ++9JJ
?
'?
?
? [g
? 'dEE
?
?
? ?
S ?
?
? ,A?,
?
o ? a ???
g
??
?
?
3
g
? e _r
?
? s ?
n
g y+ gg
?
C3 S F ? ? y?[. ? gyg
a
Y
SS?
o
E E ? u1 ? ? ? ? n $ ?
?J
.?
?
.?
.?
.?
?
?
.?
s SQp Sgt
p
3 pg
€
Sa _ _ €
Y' EE
S ? ? 9 ?yy
G § .2
. S
4-11
d
v E
p?
6
"e
{W?
N
W
a
44
U
O
W
D
.R, S
? &
?
? ?
"' S
K 13
? $$
33 Y
n S y
3 R
? S
? °_
? $
35 FB,
? 8
`m 8
3 8
? 8
o_ 8H+
i3 B
?_ S
? S
H ,Q?,
[
`
L 8
? .?
? S
? 'O
Yi F!
3 ?
S 8
f e
S
_ y
? _ _ $y
- - n r r w or w w r w r w « « « r w w w w w - w w n r N r r w ? kJ
_ o
? g$
3 g $_
? g8g
.3 g
.`n ?gn
Td 8
? g
8 ?$[
N g
? $ g ? $
$`I 8
'v_ g$
3 g
? $
`o g8
N S
° $
? 8
8 _$
? $
?t S
`? 8
? 8
`R $
g $
? ?
` e
R ? ?
F
?
3
N
$
?i
?
? q
a m
an
? o
? „1
°r
? 0_
?
? ?
`?
? $?
a
? .?'_
?
? a
m
$
r
n
w N
? R
g 3
? 8
? ?
? id S
m
R S
? B
3 R
C 8 B
? B
? $
? ?
n B
?. Ri
n
.$,_ €S
'??_ 8 8
? 8
?
f 3
? 8
? $
? R,
..'? @ .?
fd ?
0 S
'?. St
a ?
?'
O -
^^ ^ e
ry N m m 7
` r ? K'
$
a . 9 c3
u tt
??
n ? ? ? y?
Fa ? ? ? ? L
G
I- ? ? ? ? ?`
¢ ? ? ? °
' ? ? ? ° ? ? ? ° ° ? Y-
Ji n d' ? oL n' ? p
?
?
y
8
?
`mm° R
m ?y
?-[ ? ? ? ? 5R2
^ ? ? S?
? ? ? y?
? t?yo
iii g
+
aR 5?
r`?i S
`rZ $
Q ? ? $
eZ ? g
.`? $
`a? $
`v
a $
'r
2 ? s
}?'r $
e'
? g
'a?
{ p
$'
$ ? ? ? ? ? ? ? ? ? ? ? ? $
$ ? ? ? ? $$
E ? ? $
$ $
$ $
5I ? $
SI g
7S gb ? m
B
V
?
?
?
a
V
?
g
?
?
?
a?
U ?
9
?
om
?
?
?
? 9
$ ^
? ? ? ?r
?
? 3
? ?
?
? t
!
? 6 p
?
a
y
5
3 ? $
b ?
h ?. U
O u
O ? ?
m ? g
d ? ?
`A ? ?
? ]
?
]? ? LL
?L p,
O
? VV
0 VV
0 CCJJ
0 (J
O
`?
?
? 9
Cf
? ??JJ
0 VV
0 ((JJ
p
?
uQf (J
0 (J
0 (J
0 V
0 (J
0 ?J
0
r p
s
? g6 ?~
ga
L
H aK of e4 ice{ ? i3 .? ? .`? .?-? ? iii ? ? a?i ? ^ ? .?i ? ? ? a7i .??. m .??. m e? ? ? F O 'p? ?
g
4-12
¢ ?`
S
x
N
Z
W
? f
a G
a g
m ?!'
WO e
Z
U
O
2
a s s s. a . s s ? s? a ? ? ? s a s s s a $
a ? `P" ? E ? ? e ? p ? ?' ? % ? B Rd ? R e ? 8
$ $ 8 $ e
e a
? "'
? 8
o 79
? a
? 8
? 8
R $ -
n
_ ? n
6 8 8 F{ 8 ?
- $ 8 S S m
e g ?
s
? 6
- ? 8 ? % $ 8- $ $ ?
?, ? - ? ? ? _ - A K
m
? $ Ch = 8 ?,, S 8 $ $ °
"' ? ? 9! ? ?
? $ }?
m ? ? ?
6 '^ ?
S e $
? $ 6
? 0
F ?
F ? ? %
g
? ?
. a
W $
$ 8
as $
? $
? 8
? $
e $
? 8
' 8
? 8
e a
? $
$ 8
?
_ B
s 8
?
° 8
? m
?
° $
? 8
? $
o
° 8
? 8
? $
? $
? ?+.
? S?
o
z
o $ R ? ? ? a ? ? % ? a ? ? ? a s ? ? ° ? ?
?
? _
?
?
?
?
f
? µµ µµ µµ
4 V?
?
? µµ µµ
? µµ µµ
£ µµ 55
3 ?
a 1- F ? F ? ? ? i x C F ? F ? n F F ? O
3 b ? $
_ g i
?
y 5
.y g y
? 2C3 ?
g ? '$?p {qqp ?
? g q
12
6 ?
R
L ? S
? ? ? E p
O ? tb `d
? E
$
9 9SS
3 9
? 8
? €
?
?
?
?
m
? aa
? b
? E
?
y $
? a
?$
?
?
?
? ? _
w
E
2 gg
a 4u S
L ?
i
}}
x g
? ?
r?i .?i ?
? -? ?
n
pp
a
e ? v d
? d
? 3
R ?9q
3 ?
? ,?. ? F
3 y y p
? ? ? ?
w ? > h i > y > g ?
b
?
E
n ?
B
F'
.
E$
a ? 5
? ? ?
J° ? ? b b
E ? ?
f
$ ?
9
b E
?
8 ?
` E
f
?
¢
s
'E
L E
? ?
E E
E p?
ri S
? S
?` m
?
y ? ?rJ
? $' v µ
?i F 2
'???
g
9 ? ? ?a
£ B s g y ? ??
a` ? d ? ° ? ? 8 m r7 e 3 :
m
Q
S
W
4-13
z
BOND DEBT SERVICE
Community Redevelopment Agency of the City of Santa Ana
(Santa Ana Merged Project Area)
Tax Allocation Bonds
2011 Series A
Final Numbers - January 25, 2011
Dated Date 02/04/2011
Delivery Date 02/04/2011
Period
Ending
Principal
Coupon
Interest
Debt Service
Annual
Debt Service
09/01/2011 2,420,663.76 2,420,663.76 2,420,663.76
03/01/2012 2,104,925.00 2,104,925.00
_ 09/01/2012 2,104,925.00 2,104,925.00 4,209,850.00
03/01/2013 2,104,925.00 2,104,925.00
09/01/2013 _ 2,104,925.00 2,104,925.00 4,209,850.00
03/01/2014 2,104,925.00 2,104,925.00
09/01/2014 2,104,925.00 2,104,925.00 4,209,850.00
03/01/2015 2,104,925.00 2,104,925.00
09/01/2015 2,104,925.00 2,104,925.00 4,209,850.00
03/01/2016 2,104,925.00 2,104,925.00
09/01/2016 2,104,925.00 2,104,925.00 4,209,850.00
03/01/2017 2,104,925.00 2,104,925.00
__ 09/01/2017 805,000 5.000% 2,704,925.00 2,909,925.00 5,014,850.00
03/01/2018 2,084,800.00 2,084,800.00
09/01/2018 1,145,000 5.000% 2,084,800.00 3,229,800.00 5,314,600.00
03/01/2019 2,056,175.00 2,056,175.00
_09/01/2019 2,735,000 5.250% 2,056,175.00 4,797,175.00- 6,847,350.00
03/01/2020 1,984,381.25 1,984,381.25
_09/01/2020 5,475,000 ** 7,984,381.25 7,459,381.25 9,443,762.50
03/01/2021 1,825,443.75 1,825,443.75
?9L07/2021_ _. . _ 6105,000 6.000% 1,825,443.75 7,930,443.75 9,755,887.50 '
03/01/2022 1,642,293.75 1,642,293.75
_.09/01/2022 6,810,000 6.000% 1,642,293.75 8,452,293.75 70,094,587.50
03/01/2023 1,437,993.75 1,437,993.75
09/01(2023 _ 7,545,000 _ ** 1,437,993.75 8,982,993.75 10,420,987.50
03/01/2024 1,201,075.00 1,201,075.00
?3LO.1L2024 8360,000 ** 1,201,075.00 9,56],075.00 10,762,750.00
03/01/2025 938,587.50 938,587.50
09/Ql/2025__ 9,230,000 6,750% 938,587.50 10,168,587.50 11,107,175.00
03/01/2026 627,075.00 627,075.00
??Oll$026_ _ _ _10,820,000_ 6.750% 627,075.00 17,447,075.00 12,074,150.00
03/01/2027 267,900.00 267,900.00
_OQLO112Q21 __ 4,055,000 6.750% 26],900.00 4,316,900.00 4,578,800.00
03/01/2028 125,043.75 125,043.75
09/01/2028 3,705,000 6.750% 125,043.75 3,830,043.75 3,955,087.50
66,790,000 56,049,301.26 122,839,301.26 122,839,301.26
?''.? Jan 25, 207 1 1:52 pm Prepared by Stone 8c Youngberg LLC (SPB)
(Finance 6.019) Page 6
4-14
}
y
-
?i 41.46 am Prepared by Citigroup Z
po3 Markets Inc. 1
?.
.
r
_
? ?
?
,
I
.-o-.x'
"'
i fad; a.^
? KF ^?.'
.
- BOND DEBT SERVICE
^'`F -? - ;,
i3
' -
Community RDA of the City o(Santa Ana
?? ? ? - New Money TAB-Serieg,*'2003 A" "'?
,' .
Period
Endi?ig Principal Coupon Interest Debt Sarvtce
06/03/2003
03/01/2004
--- 601,267:37 601,267.37
U9TOT!'f00?
475;000 ---9:T00°?-'4Z5"3??"b:23 878,836.25
_ 03/01/2005 401 223 75 401.223.76
09/01/2005 480,000 7.250% 401,223.75 861,223.75
03/01/2009 364 098.75 384 098 75 - ? - - - - -
09/01/2009
_D3/01/2010 ? 570,000 ? 2.750% 384,098.75
377 08625 894,098.75
377 086.25 7,278,197.50
09/01/2070
03/01/2011 .525,000 3.000% 377,086.25
369.217.25 902,08625
? 369 271.25 1,279,172.50 ?
09/07/2011
03/07/2012 545,OOD ? 3.250% 369,211.25
360 355 00 914,211.25
360 355 00 7,283,422.50
09/07/2072 - 560,000 3.375% 360,355.00 920,355.00 ? 1,280,710.00
wrv ,i?u-? i 305 952 50 305 952 50
09/07/2017 675,000 - 4,000% 305,952.50 980,952.50 ? 7,286,905.00
03/01/2078 - 292452,50 292452.50
09/07/2078 ? 700,000 4.000% 292.452.50 992452 so 12ad-ns nn
wiu ?icuco __ _
150,750.00 750,750.00 -
09/07/2026 995,000 4.500% _
750,750.00 1,745,750.00 _
7,296,500.00
03/01/2027
--- 728,362.50 _
? 728,362.50
09/OL2027 7,040,000 __
4.500 % ?--??-- 128,362.50 --- 7,?'168,382.$0--- ?-?-7,296,725x]0-?---
03/07/2028 704 962 50 104 962 50 _
09/07/2028 - 7,090,000 -_. 4.500% .104,962.50 7,794,962.50 7,299,925.00. _
_03/01/2029 80 437 50 80 437 50
09/01/2029 7,740,000 4.500% 80,437.50 1,220,437.50 1,300,875.00
-..03/07/z0?0 54 787.50 54.787.50
09/01/2030 - 7,190,000 4.500% 54,787.50 7,244,787.50 7,299,575.00
-t23/Q7[?031 _ 25,01250- 28 012_50
09/01/2031 7,245,000 - 4.500% 28,012.50 7,273,012.50 7,307,025.00
20,945,000 75,378,897.06 36,263,897.06 36,263,891.06
4-15
i
Jun 17, 2003 11:46 am Prepared by Citigroup Global Markets Inc. ? ? ? page 12
03/07/2011 524,000.00 524
000.00
09/01 20
,8 O, 00
5. 0
5 O. ,
,
-
(f---'- ?"
03/01/2012 ? 476,750.00 476,750.00
09/01/2012 1,990,000 5.000% 476,750.00 2,466,750.00 2,943,500.00
03/07/2013 427,000.00 427,000.00 '
09/01/2013 2,085,000 5,000% ? 427,000.00 2,572,000.00 2,939
000.00
03/01/2014 ? 374,875.00 374,875.00 ,
09/01/2014 2,200,000 5.000% 374,875.00 2,574,875.00 2,949,750.00
03/07/2015 ? 319,675.00 319,875.00
09/07/2015 2,310,000 5.000% 319,875.00 2,629,875.00 2,949,750.00
03/01/2016 262,725.00 262,125.00
09/01/2016 2,430,000 5.000% 262,125.00 2,692,125.00 2,954,250.00
03/01/2077 201,375.00 207,375.00
09/01/2017 2,550,000 5.000% 201,375.00 2,751,375.00 2,952,75000
03/01 /207 8 137,625.00 137,625.00
09/01/2078 2,685,000 5.000% 137,625.00 2,622,625.00 2,960,250.00
03/07/2019 70,600.00 70,500.00
09/07/2079 2,820,000 5.000% 70,500.00 2,890,500.00 2,961,000.00
34,145,000 15,004,697.22 49,149,697.22 49,149,69722
iV
-- ? - - 4-16
BOND DEBT SERVICE
Community RDA of the Ci[y of SarlLa Ana,-;s??9
- Tax Allocation Ref. BondsJS?Te`;s"1003 B
Period ? Annual
Ending Principal Coupon Interest Debl Service ? Debi Service
06/03/20' 3 ? '
09/01/2003 7,820,000 ? 2.000% 357.62222 2-177-62292 2777 622 22
]LEASE PAY1firENT sC&$FIIDU7a,l;
Following is the schedule of Lease Payments due with respect to the Certificates_
Lease
Payment Principal Interest
Date Component Component ,?$nnseal Total
06/01/03 $ 1,420,000 $ 68,084.65 $ 1,488,084.65
12/01/03 304,756.25
06/01/04 1,210,000 304,756.25 1,819,512.50
12/01/04 289,631.25
06/01/05 1,270,000 289,631.25 1,849,262.50
12/01/05 ? 273,756.25
06/01/06 1,340,000 273,756.25 1,887,512.50
12/01/06 253,656.25
06/01/07 1,425,000 253,656.25 1,932,312.50
12/01/07 232,281.25
06/01/08 835,000 232,281.25 1,299,562.50
12/01/08 219,756.25
06/01/09 805,000 219,756.25 1,244,512.50
12/01/09 203,656.25
06/01/10 925,000 203,656.25 1,332,312.50
12/01/1 O 180,531.25
06/01/11 1 060,000 1802531.25 ,1,421,062.50 .
12/01/11 159,331.25
06/01/12 ?
? ?1,215,,000 ____ ??__ 159,,331.25 „_
_ _ 12533,662.50_,
12/O1/12 128,956.25
06/01/13 ___.___ .____1,?405?000,____,? ,__ __..,_128,,956.25 _^ ? 1.662,912:50 _
12/01/13 99,100.00
06/01/14 ___ ? 1,625:000 __._ ??_? 992.10000 .__ _____ 12823,200._00
12/01/14 58,475.00
06/01/15 _895,000 _._ __ 582475.00 2,011,950.00
12/01/15 11,100.00
06/01/16 555.000 11.100.00 577.200.00
Total $16.985.000 $4.898.059.65 $21.883.059.65
SECURITY AND SOURCES OF FAY1bIENT FOR T7HE CERTYFICATES
Nature of tlae Certificates
Each Certificate evidences and represents a direct, undivided fractional interest in the principal
component of the Lease Payments due under the Lease Agreement on the payment date or prepayment date o£
such Certificate, and the interest component of all Lease Payments (based on the stated interest rate with
respect to such Certificate) to accrue from its date of delivery to its payment date or prepayment date, as the
case may be_
The Agency, pursuant to the Assignment Agreement, has assigned to the Trustee for the benefit of the
Owners of the Certificates, substantially all of the Agency's right, title and interest in and to the Lease
7
4-17
4-18
SUCCESSOR AGENCY RESOLUTION NO. 2012-
3/29/12 LES
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA
ANA ACTING AS SUCCESSOR AGENCY TO THE FORMER
COMMUNITY REDEVELOPMENT AGENCY APPROVING THE
SECOND AMENDED ENFORCEABLE OBLIGATION PAYMENT
SCHEDULE (FOPS) AND CERTAIN OTHER ACTIONS PURSUANT TO
PART 1.85 OF THE DISSOLUTION ACT
BE IT RESOLVED BY THE MEMBERS OF THE SUCCESSOR AGENCY OF THE CITY OF
SANTA ANA, AS FOLLOWS:
Section 1. The City Council of Santa Ana, acting as Successor Agency, hereby finds,
determines and declares as follows:
A. The California Supreme Court's decision in the recent Ca/ifornia
Redeye/opment Agency v. Matosantos case upheld ABX1 26 which will now control the
dissolution and winding down of every California redevelopment agency. ABX1 26
prohibits agencies from taking numerous actions, requires all agencies to wind down
their affairs effective immediately, and provides that agencies are deemed to be
dissolved as of February 1 , 2012.
B. By resolution, on January 9, 2012, pursuant to section 34173 of the
California Health & Safety Code, the City of Santa Ana ("City") elected to serve as the
"Successor Agency" to the community's dissolved redevelopment agency ("Agency") of
the City of Santa Ana and the Housing Authority of the City of Santa Ana as "Successor
Housing Agency". On February 1 , 2012, the Agency was dissolved and the City began
serving as the Successor Agency.
C. The City is performing its functions as the Successor Agency under the
Dissolution Act to administer the enforceable obligations of the Agency and otherwise
unwind the Agency's affairs, all subject to the review and approval of aseven-member
Oversight Board.
D. Prior to its dissolution and pursuant to Part 1 .8, the former Agency adopted
the original Enforceable Obligation Payment Schedule ("FOPS") on August 24, 2011 ,
and adopted the Amended Enforceable Obligation Payment Schedule on January 30,
2012.
E. The Recognized Obligation Payment Schedule ("BOPS") is being
amended due to a result of a recent discussion with the State Department of Finance.
Due to changes in the BOPS, the FOPS is being amended. Therefore, this Second
Amended FOPS (attached hereto and incorporated herein as Exhibit A) is being
recommended for approval.
F. Health and Safety Code Section 34173(e) provides that "the liability of any
successor agency, acting pursuant to the powers granted under the act adding this part,
shall be limited to the extent of the total sum of property tax revenues it receives
EXHIBIT 2
4-19
3/29/12 LES
pursuant to Phis part and the value of assets transferred to it as a successor agency for a
dissolved redevelopment agency." Thus, the City's obligations as Successor Agency
are limited by the amount of property taxes and the value of assets it receives in its role
as the Successor Agency.
Section 2. The attached Second Amended Enforceable Obligation Payment Schedule
(Exhibit A) establishes those obligations which the Community Redevelopment Agency of the
City of Santa Ana has binding commitments that it has entered into and includes legal
commitments that it is obligated to pertorm through June 30, 2012, to meet the pre-existing
commitments of contracts and obligations that were established prior to the effective date of
ABX1 26.
Section 3. The City Manager, or his/her designee ("City Manager"), is directed to file
this Second Amended Enforceable Obligation Payment Schedule in the manner required by
law.
Section 4. The City Manager is further authorized and directed to post the Second
Amended Enforceable Obligation Payment Schedule on the Successor Agency's website and to
notify the county auditor-controller, the California Department of Finance, and the Controller of
the State concerning this Resolution, the Second Amended Enforceable Obligation Payment
Schedule, and its online publication.
Section 5. The City Manager and/or the Director of Finance, or their respective
designees, as delegated officials of the City acting as Successor Agency, are authorized to
make any augmentations, modifications, additions, or revisions as may be necessary to the
FOPS, as amended, based upon review by the State Department of Finance.
Section 6. This Resolution shall take effect immediately upon its adoption by the City
Council in its role as the Successor Agency, and the Clerk of the Council shall attest to and
certify the vote adopting this Resolution.
2
4-20
3/29/12 LES
ADOPTED this day of , 2012.
Miguel A. Pulido
Mayor
APPROVED AS TO FORM:
Joseph Straka, Interim City Attorney
By:
Lisa E. Storck
Assistant City Attorney
AYES: Councilmembers:
NOES: Councilmembers:
ABSTAIN: Councilmembers:
NOT PRESENT: Councilmembers:
CERTIFICATION OF ATTESTATION AND ORIGINALITY
I, Maria D. Huizar, Clerk of the Council, do hereby attest to and certify the attached Resolution
No. 2012- to be the original resolution adopted by the City Council acting as Successor
Agency on April 2012.
Date:
Maria D. Huizar, Clerk of the Council
3
4-21
a °c
Q
E
A
A
?n
CJ ?
Q
E
¢ ?
o
E
Z a
J
N
2
W m
? ?
Q e?
d 9
O
F
? ?
m ?
o
m y
? 0
O
w
0
0
z
a
° S °o °o S 8 °o S °o S °o 3S ? ? m $ m ,°0 3
- ? e g o o ,°. o g o 8 r o m m 'e`" m m o .? ? m ... e e
m
$ ?
h ?
8 o e ? "' o
"' 8 o 8
- 8 ? o o
o
°o ? o m m o o m
?
?
?
N m
-
3
0
?
?
o
-
o
-
o
m
-
m
m
°?'
?
= _
?
?
g o e e m m
x
? .? ? o ? X m m o
o m
o m '_° g e e m
a _
€ _ _ _ _
„ _ _
g o 0 0 0 0 0 ? ? a ? ? '
° o o g m
- m o
- m
- m m
- ? ? e
m m
m -
?
0 o
o S o g o _ o m m ? ?
?
? S
_ .^ ? S of ? m 8 o m m
? ? ?
m ? Yi .'.^,
3 °? m _ _ ? - ^? ?
.» ? R
.»
0 0
? S e
_ o
o o_ r? ? ?_ ` ` ? ?_ o ai
? ? ?
_
- o_ o g o o g o ° °o g 8 g ? o ? o o° g p
^I g g o o_ o_ 0 0 o g °o ?6 0 ? ? m $ Pu d a ? ? r
g ? .^> o o S e °o ? o ? 8 ? 8 m S S o S 8 a «_ 8 °? a ? N ? 8 $ X 8 8 0 g ? m R o
s
o
m
a
.R
m
t"i
SR
.°n
.:;
!s'i
.R
m
m
?
?
S
?
o
°e
e
8
?
o
S _
S
m
o
S
$ _
°
0
?
v o m _ _
m _
6
N 2' C 6' K S K 2' 4' K 2 S K S 2' ¢ K K R' K K 2 ¢ 2' K K 6 K 4' 2 K 5 ? r
z
N ? c.
? g 3 i e E
8' ? E E ? ? E m° ? - E
- m
.5 - 8 - - - E 2 o c &
?
? 2 M p E ? ? $ _ o ? ° y? ? Y J o rt c o _ 3 € E E Q
_ i ° v u m ° u v E ? 4
o
@ u
?
K
c
@
d _
a
c
e
s u °
'?' E
a N
N „
c E
o a c°i
m
? V
'a a_ ?'
? o
$
? d_
?
8 '?
?
? 2 ? pp 2 E Q F
2 2 ? s ?' g ¢ i_' •- 0
.c 'g'' o
.c i' S t _ ° S
Cis U a U d K V 3 E _
g O ?i O 7 E > j '? 'S
$ T
Y
6 a 1 r
_ w
?
? ? ? p
? F ? 5 a
o < e o ? o o ? e a 'e w ? g E ? ? of ? 8 "?
'
? ? -
? z z ? rc ? i `° ? x° ? a Yz E s ? ? a ¢
_ _ _ _ x ¢ O1 E ¢
u
i i o S ? S '?? ? t5 y ? ? yy
S A S y N
Y 0 0 Y ? Y E U (n , y U Y y >
?=
.'s?
E F 2 2 c c c N - E E m
`
' v `?
2
?
R d
- `?
?? - gi ?
-
? ?
d .g
'
° a o o
° a o o E e a < e
N ?
? E u ? ? LL e $ o
? m C' N E' m < ¢ ¢ m ? ? ? m ? n ? ... s ? j u E € n m m
O ? ? d ? _
c E S ? .9 ? u 6 ? E ? n h
? v ? o
- N N `X ?
a
a
a
?
_
E
E c
3
w o
U
E
5 Q
E
w -
m q
S
?a
E _c S
E n a .n ?n
n u' La ?
A K
E _
¢ 4 Q Q ? F Q F F F F ? ? ? E C `? - 6 K 2 ? `? ? 6 6 6 6 W Q
d W L? 4
E ? m ? E _ E E ¢ Eo E E o `o `o E ?`o C` 4 , a
0 0 0 0 $ S 8 8 °o ? °o °o ? ? o ? 0 2 y
C ? ? _ ?° E ? € E E E _
w ? _ _ _ _ € ? 6
6 N 6 6 6 Q 6 H H • -C
4-22
o ?
d ?
Q
E
¢ ?
6
E
z a
W
U
2
W m
? b
6 ?+
o- a
o ?^
`°
ti ?[
O °
m h
? m
o a
LL ?
W d
O
W
W
a
F e ? C
8 8
a
p _ w _ y _ ? p
c g g g °o g m ? w
m o 0 0 o m
0 o e o 0 0
_ m
0 g o 0 0
0 0
0 -
0 00
m
? Q
2
m
m o
o ? 0 0
o 0
0 -
g 0 o a
m o g? g o
o e g o_ rg o 0 o e
g ra o ? 8 o
? e a °0 8 R
o `•? ° o e
? ? ? ? ? ?
"' & ? ?
?
&
?
? ? r
2?
D
e°
-
- O
`pQ
?
3
° E
? 5
> 7 ¢ > ¢ ? > > $
0
? ? [7 t? S A o
s ? c a
?' a
? _ is ?
?
?
? 6
_ ? ? ? W
v ?
6 6 6
mo 6
y g}
y
13
a'S
S !
t
O
?
aZ
y
3
i N > V?
?
Y! i
a
gym` @ 2
W 2
Y ¢ 6
C
?+ 6 ? C _ d - q ?
-
??
-
N6 Q
?
c
c
c
c
?
'c y
'?P 6 G
$ m °
O ? J ?` S` ? ? s ? ??
?
a
?
? ?
A m
E m
E ? m
E
a n
E
' q N r
? K c
E ? ?
N
? Q
? ?
?
E n
? g
W
Z
y 0 u ? 2$ 2$ ? Fi E a E
.Q < € o < ? a '< ? ??a
-s
m o .?
4-23
a °c
c
a
E
¢`
ti
U `?
E
K Q
E
z
N
2 L
W m
? b
Q a?
6
O
fQ_J
m ?
O
m `"
g m
i a
W
0
f
Q
S $ 7f, ? ? o !e .:;
-
- 8 m S m °? B e y ??
_ ? ?
y ?
o e S o° ?
o ,.,
S o m o m ?' ?
m
8 S S S rv ?
e
0 8 m 8 ,?m.,
m m $
s
o g o o ?
g o § °
o g m $
Q o `?'
0 o e °o ? ti $
o e g °
0 `? $?'? m
0
g e
0
m
o 0 ? u?
? m
_ ?8 0
o °
0 o g g $ o o e
°
E ? o e 0 o e 8 8 R
o ? ? ? ? m ? o ?
?_ E µµ
F µ
1- µµ
F µµ
F yy.?
F ? ? µµ
f- µ
F yy??
F o
h ? ? ? z
? ? ? ? ? ? ?
`
s 0
o
E
_ V E E
o E
? s
v ? 2 2 2 °?
? ` ` ` ?
s ? s a s
S 3 E ? s ? ? ? ?
$?
_
?
s
s
s
s A
a
c - - ?
Y. ? °g °e y °e - w .., ? a c
w
ss - n - ? - a
a ° v o a - ?
T^ F$ a yy
5 ?
6 ? T/1
6 yy??
3 N
6 ? N ?
N
?
g ? ? % a ? ° a
C 'E 2 2
'
E rd N
m
c
U
? ? ? n
O
? E ? ?
O ? S ? o a
? K
?
?
ra
4
c
€ E
W 9
?
5
S
N
? E
0 o v 0 °o -s
? m
4-24
n C
E
K
6
in v
U `?
E
K Q
E
Z d
J
D
W
N
2
W T
? b
a SS
a
o
¢ '°
? ?
J
O ?
0 y
a
m
Z 6
0
C_
o e g m ? m _
- o m
- o 8 S 3 a °-'
°
- m o m o m o ? ° m o _ &.- a c
e
?
e °o o m a.
? ° m o m o 0 8 $ 8 . °_
°
o ? .C_' m o
o m 8 .° o ?
m o
- R
i ? m
? m ? m ry o o S o0 0_ g ca ^
E rv
m ?
o m ?_ m_ g
o ums_ o ?_ o a o
= ? m
FF
S,
2
m m
o m o _ o g $ o
m c
m _ g m_ c °_ a o
? ? m m
o m_ m o g ° g d rv
g o o g m q
R
m o o ° o P
m
o °o g S o 0 0 o g $ 0 0 o S o e
? ? R ? S a o 8 0 0 ? 8 0 8
0 0 o r b .^?? o o °? m o ? N ? ?
v
-
- F ? ? ? F F F ? ? F F ? 4- F F ? c
y
F
C S. ? ? ? ? ? ? L
LL ? ? ? ? C? ? E
LL
LL
N S 2 2 2 S 2 2 2
? ? ? ? E ? ? ? ? ? ? ? ? ?
C Q
m 5 '^ _
0 w
? ?i
N E
S
'S c
.?
J.
.
A So
o 8i
?'
'c m
t'
E
B a a c E ?
z ' ` ' ?' z '
> z > i > >' > ? > ?
6 ?
$
s
a
s
s
s N
a
?
?' N @ C C
? @
` E ? 1 C
5 _ {
5
Q
? _
? _
Q .
rya
e
¢ _
¢
¢ _
? O r
W o
p
x 3 ? - ? ? L° ? f$ cz k3 '? E h
? N
?
4
g ? ? ¢
$ E L
_ o -
?
? ? _
? ? ?
? N ? 8 ? ? ? O ? n
?y?
g c `?y
g$ ? ? ? ? .y
o ? ? u w a m
?i
2 j
? '"
2 ? ? ?
? ? ?
? ?
E ? £ ? m
E c gi
C ?
c ? d a
0 ? ?
C
Z
? S
? ? ?
?
?
r
?
?
va
`?
E
E
€ Q
E
W a
E c .° o? Z o
- a9 rn N .
f
?2 0 €' o v 0 ? E i Q ?? E _? n ?? 6
0 0 0 ? ¢ o u
y - ?¢ - s
o ? ? m
4-25
n
6
E
`o ?
Z d
O
U
2 L
? b
6
O
F
J r
O ?
m ?
? 0
O a
z a
v
v
w
0
o 0 0 0 8 o 0
_ R ? 8 e .°., e e ??
°
m a c
?
?
_ _ _
o ? 8 R m R
o e ? m
_ 3
E o_ m e
o S o 0
? o c $ m
o m o
o o $ o
c o g m a
g c o
o o m_ o
° o m m
o_ m o
0 $ $ o
0 0 0 0
°
o °o °o $ Pu o
o ?d S o o
m 0
5 0 .Ya _ `'R m -
e
o
w s
H O
- µµ
F yy??
F
? µµ
F
? µ
I- µµ
F
c
y
LL r
? ? ? ? E ? ?
E
E
s
? ? a
° _ °?'
- F'
? `n c m
? `? E
? ?.. ? ? ¢ S
d g
0
e
b ? ? ?° s
? ? ? d
E ? c
E C O
U ? ? - ? _ o
C x C 2 °
c ¢ _ `e y u
E E
U' O m
? d
_ 2 m 6 9
E A O 6
-
? S 6 b u ?
? ? o & Z
"S' c ?' d
?? ?
? ?
E v w ¢ a E ? ? ? w C
?
Q E e E E E E E E E € E a ?? Q
6 6 6 6 6 ¢ ¢ ? 6 - ?? ?
o a ? m
4-26
a
E
Q
U `2
6
E
¢ Q
o ?
E 2
Z 2
J_
G
h
z
w e.
? u
.?
a
0
F
g
m ?^
? m
o
LL ?
W d
0
W
W
a
S ? S, m "' S S ?_ o 0 0 ? e 8 8 8 0 0 0 0 ? 8 &' °o ? !? o 0
_ ? ?
e o e0 8 8 8 8 0 e s ° 8 8 o° S o 8 8 8 8 °0 = 8 8 8 e s s s e e a -
B
° 3C ? °o ? - - - m m R 8 , o - - . - - eg
.?
. ? o ? ? m e m
x
?
m
e ? ? ?
? ? ? g
0 0 0 om o ti s o 0 00 0 0 0 0 $ o? o 0 0 0 o m ? ? o 0 0 0 0 0 0 ?
- = m m o
o - - _
0 o _ _
o
?. µµ
F ?`
K
?
? µ
?
? µ
? µµ
F
?
? µ
?
? µ
F y?
? µ?
F
? µµ
F
?
?
?
?
? µµ
F
°
?
?
?
?
? µµ
u !!??
u µµ
F
?_
N c ? ¢ ¢ s e ? ? ¢ ¢ ¢ ¢ ¢ rc ? ¢ rc ¢ ¢ ? ? ¢ ¢ ¢ s ¢ 2`
E
5 ?
o ?
0
E ' ' E 4 c c c o 0 0 4 c 8 c o _= o c c c c c ?
'N' y O
vg' E
J'i r°n' N?' y $N' $ r'?i H to y N? $ $ t?'i ]]
v? ? ?i y $ ? ? '§
? tT
t? E
r?i E
?n E
r?i to
rqi ??
jj
?i ?
c'
a
?
_ ? a
?. c v ?
b y _ a, - N R' N
[?
X 0
2 p
2
'°
`Ri
3 o
a`4
E _
U
o 0
E 0
E
?
?
LL
'
3
Ln
S
N
?
b
4
E 6
W 6
_ ` uu `?S'? c<Ni a o a° o
'o '? 'w i? i? cEOi rEO? e (
E U
a. o a S i
s o o ? °
v y
?
E
E
N
N
E
E
O
O
c
-
N A
¢ ?
N _ _
??
?
`9
r
w
i w
c
x S S 6
.e 6
.e c
. m > > arS S j ? 5 5 E = v
v ?i @ _ ? ? r'n ran y ?'n F
o
? T
o
ii J
c y
O O O O O O cc
??
O ? U
U
p O K K y vQi `n U?' r O O O w h U
O O O O O O V
O H
1 9
c
T ? ? ?g
=
^
= t
a
0
O p
3
q
i .??s ? ? a'3ma ? 'Ai ? ? ? ? ? ? ? r'4 ? ? ? ? .??, .??, SS ? ? ss
m ? X 'A?. A A ? ? ? p
W L° E
?
e c
53 c
FMS c
? c
$ c
? c
'? c
b' c
t3 o
a 0
E 0
FS °
? °
? c
? q c c
TJ c
'3 c
D? c
S3 { c? c
? c
?' c
'fl' co
E co
E c
? c
? c
$ c
? c
.? c
'
9 a A
€ € 6
(7 N N N (A N N &
N tl? &
N N N ? N N N fX b • ? L
o ? ? N ? ? m o ? ? e ? e m o m
4-27
d °c
¢
E
A
Q
h ?
U `i
6
E
¢ Q
o ?
E
Z
N
2
W T
? m
a Si
u v
o ,'?,°
`°
? X
J
O ?
0 y
K m
o a
LL
W d
G
O
W
6
0 o S o S S S 8 m o m o 8 S ? 8 .°o .°e _
s ? a e ? ? m m o m m ? ... o o
m - ? ??
w $ ?
0
S 8 o 8 S °o °o °0 0
_ o ? 8 8 ? _ ? ?
? q e
0
m 0 $ o
0 0 0 0
°- o
-
- 8 8 °
? n o - o m e
s
S 8 °o S °o
r o
m ?
- ? m
- °s o ? `a
? o ? -
c s x s g o
o ? °s
- m o
m ?
m ? m
0 0 ? s o
o
- o m o
m ? ?
? m
g 0
o 0 $
?
o m m
m $
o e
q 00
' $ g o
o 0
° 0o g oo p
o o o
o e_ o e o 0 o m o 0o g $ oe o p
E ? m ? o o e ^? °? 0 3 8 8 5 8 '°,," 0 8 0 8 °m' e
_
° - 3
?
- o
gt` Ei. µµ
F
? µµ
F µµ
F
?
?
°
°c yy??
F y?
F
?
x µµ
I- µµ
F µµ
F
?
?
? µµ
F
? y?
F µµ
F
a
?
v
m
N ? ? ? ? m ? ? ? ? ? ? d ? ? ? z
u $
e E ? ? ? N
o $ d $' - d
¢ ? ? s
V ? K WO 3 ?' E $ E g ?S VJ x ? "'
?
E > V !J > V > > ? ? ? ? Y 2' K ¢ Tn E O N E S
? N
E
S g U
?-' E s d ?' a
d . ? s
Q ? o
V a
6 ? K ? W d
_
?` ?` _
? ? u y u u u a _ 6 6 6 6 ¢
6 6 6 6 6 ? Q ? ?ry _
?
?
a? ? y
S c `c? '°c `? c° `? y
S c ? ? y
S ? ° y
'S O H
? ? j
>
?i
>
>
>
(J
U c
? a h
?p
i
? ?
g o s
g E S Y
Y g ? S ?- a
?
o o 'a a' .S' ? c°2 E °aI n -
.S _
O1 2
o' Ti Ti ri V m F ¢ G ?' `^ 'O va m ¢ ? m ? n L .p
O sai
< 4 i
W c E ? m
o _ o
.
o ?
E m :? S
E
S S'
E 2 ?
E
y ? ?
¢
E ?
?
? E
.
g 2 v
s N u G
n' O c
?' K
z a
? 'o
? 'o
? ?
E ri ?
2
5 & o u'
`' ? ? ? ?
K E .E ?
c E
E ? c 'v y e
m ? .$i'
? ¢
r ? E
Q 2
E
? `? C E
W y
? ? P ? N ? ?
d V E m FS ? iP5 Zc
e v ? $ ? ? O
S 2 2 h N ¢ ? O N O ¢ `? ¢ O ('l N W V d ? ?-- Z
° ? m ? ° ° ? m `8. m
4-28