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Home My WebLink AboutRecognized Obligation Payment ScheduleName of Successor Agency: Successor Agency to the Redevelopment Agency of the Cily of Lake Elsinore Project Areas) RDA Project Area All RECOGNIZED OBLIGATION PAYMENT SCHEDULE JULY 2012 THROUGH DECEMBER 2012 Per AB 26 - Section 34177 (') Page 1 of 4 Pages Oral(LaNe EBlnme ROVS PeyiW July OeaenWer ZOrZ 2012 dSOJ xlr.Y.t2012jrr Protect Name / Debt Obligation CgnlracVAgreement Execution Data Payee Description Project Area Total Outstanding Debt or Obli alion Total Due Year Fiscal Year 2012 - 2013" Funding Source Payable from the Redevelopment Property Tax Trust Fund (RPTTF) Payments by month Jul 2012 Aug 2012 Sep 2012 Oct 2012 Nov 2012 Dec 2012 Total 1 Tax Allocation Revenue Bonds, 2010 SeriesA 1- Feb -10 Union Bank, N.A. Bona Issue to fund housin a non - housin r All 27,247,13547 651,865.63 RPTTF 0.00 651.865.63 0.00 0 00 0.00 0.00 $ 651 865.63 2 Tax Allocation Revenue Bands, 2010 Series 8 1 May 10 Union Bank, NA. Bone Issue to fund housin ro eels Housing 12,936.687.52 749.725.00 RPTTF 000 749,725.00 0.00 0.00 0.00 0.00 $ 749,725.00 3 Tax Allocation Revenue Bonds, 2010 Series C 1 -Nov 10 Union Bank, N A. Bona issue to fund nom housing ro ects Project I and It 41,640.692.10 1,678,606.88 RPTTF 000 1,678,606.88 0.00 0.00 000 000 $ 1,678,606.88 4 Tax Allocation Revenue Bonds, 2011 Series A 1- Jan -11 Union Bank, N. A. Bone Issue to fund non housing projects Project 1 7.260.081 .25 592 ]56.25 RPTTF 0.00 592,756.25 0.00 000 0.00 0.00 S 592,756.25 5), Local Agency Revenue Bones, 2011 Series A LA r -11 Union Bank, N.A. Bone issue to fund our hauling filofecto Project II and If 9,78] 253 75 257.636.25 RPTTF 0.00 257,636.25 0.00 0.00 000 000 $ 257,636.25 6 Fiscal Agent Fees Union Bank, N.A. Annual faceragent fees for Tumescence At 493,70000 48,774.96 RPTTF 8,129.16 8,129.16 8,129.16 8,129.16 8,129.16 8,129.16 $ 48,774.96 7) Bond Disclosure Services HdL Cargo B Cone Annual continuing madocure for boadissues All 93,50000 000 RPTTF o.OD BOO 000 0.00 0.00 0.00 $ 8 MG /Chelsea Outlet ORA 26- Dec -89 MG /Chelsea Property lax revenue reimbursement Project 1 2,085,243.50 0.00 RPTTF 0.00 BOO 0.00 0.00 0.00 0.00 $ 9 Weirdest ODA 1993 War -Man Stores Property tax revenue reimbursement Project ll OUR O0o RPTTF 0.00 BOO 0.00 0.00 0.00 0.00 $ 10 Oak roves DDA 12 Dec -93 Oak Grove Equities Property tax revenue reimbursement Project II 2,329,95217 1 RPTTF 0.00 0.00 0.00 0.00 0.00 0.00 $ EVMWD Amber Ridge 18 Mar 93 EVMWD Property laxrevenue miamonament Project 111 223,28200 000 RPTTF 0.00 0.00 000 0.00 0.00 0.00 $ _111 12)Summerly DDA 11 Mar -11 McMillin Summerly LLC and Civic Partners Elsinore LTC - DDA pNdgts clocipn ed moped, tax rev<nues thmagh2838. 1'olaloNStaMing OedorobAgalion yeauralN hoed on prow es" of lax «rvenne grai xl 2% us annum. Il properly vahos mN tares'W" osa ues "eyed a higher or lex's le than 2% ce, annum, the tdal Wli,xvia will simlarN iacmaseor decreaaea. DOA Pledger a gallon of lax increment for so bn9 as tire Agency a severven; out Project ll and 111 5.240,11100 226,662.00 RPTTF 226,66200 000 0.00 000 BOO 0.00 $ 226.66200 13) Summary DDA Extraordinary Infrastructure Fund Me Will Summerly LLC Project II and 111 3,413,248 00 0.00 RPTTF 0.00 0.00 0.00 0.00 BOO 000 $ 14 Summarl DDA Special Counsel Foreign & Jawoso L.L P.. Le al Services Project II and IF Not Applicable 0.00 0.00 0.00 1 0.00 0.00 1 0.00 $ 15 Summary DDA Annual Repair FAIL Coren B Cone Fiscal Reortin Services Project ll and lit Not Am licable 0.00 1 0.00 0.00 0.00 000 0.00 $ 16 Stadium Agreement 15 Ton 07 Diamond Stadium Group Annual Capitol Contribution All 4.500,000 00 300,00000 RPTTF 300,00000 000 0.00 0.00 0.00 O.00 $ 300,00000 17 City Reimbursement LERA 1 Jul -OD Cil of Lake Elsinore City Reimbursement LERA Debt Service All 14,080.000.00 352,000.00 RPTTF 352,00000 000 0.00 0.00 0,00 000 $ 352,00000 18) Housing Fund Loan Amount repayable by .,are(... of law Housing Fund Repayment of SERAF All 2.250.000.00 260,000.00 RPTTF 0 00 0 00 0.00 000 0.00 260,000.00 $ 260,00000 19) Howse, Fund Loan 1- Dec -95 Housing Fund Payments on principal and interest on loan of bona proceeds from the housing fund. Payments made In any given fiscal year are calculated and disbursed based on avadame property lax revenue funs after deductions for payment of all other debts and obligations of the Agency. All 28,691,59470 0.00 RPTTF 0.00 000 0.00 0.00 0.00 000 $ - 20) Legal Services 27 Sep 05 Leibob McClendon &Mann Legal services for projects ,bonds & DDA /Stadium Agreement Compliance. NI To Le dolen4ned lased es provided 96,000.00 RPTTF 16,000.00 16.000.00 16,000.00 16,000.00 16,000.00 16,00000 $ 9600000 21) Consultant Fees 23 OCFW ndL Ones &Coca Tax Projections for bond &DDA Compliance All is be delixurand bash n ces prwiam 3750000 RPTTF 3,12500 3.12500 3.125.00 3,125.00 3.12500 3,125.00 $ 18,750.00 22 Audit Services TBO TOD Bond disclosure compliance All 13,700.00 RP I F 13,70000 $ 13]0000 23 $ 2A $ 25 $ 26 $ 27 28 $ 29) $ 30 $ 31 $ 32) $ Totals - This Page ( RPTIF Funding) Totals- Page 2(Other Funding) Totals Page 3(Administrative Cost Allowance) Totals - Page 4 (Pass Than Payments) Grand [alai - AII Pages $ 162,272,484.06 $ 5,265,226.97 N/A $ 905,916.16 $ 3,957,644.17 $ 27254.16 $ 27,254.16 $ 27,254.16 $ 300,954 16 $5,246,476.97 $ 5 N/A $ $ $ $ $ $ $ $ $ 157,380.00 N/A $ 26,23000 $ 26,23000 S 26,23000 $ 26,23000 $ 26,230.00 $ 26,230.00 $ 157]80.00 $ $ N/A $ $ $ $ $ $ S S 162,272 484,06 11 $ 5,422,606 97 5 932146.16 $3,984,014.17 $ 5]484.16 $ 53,484.16 $ 53484.16 $ 32],184.16 IS 5,403,65697 ' The Initial Draft Recognized Obligation Payment Schedule CROPS) is to be completed by 31112012 by the successor agency, and subsequently be approved by tire oversight board and audited by the County. " AII totals due during fiscal year and payment amounts are projected. RPTTF - Redevelopment Property Tax Trust Fund Bonds - Bond proceeds Other - reserves, rents, interest earnings, etc LMIHF- Low and Moderate Income Housing Fund Adman - Success.,Agency Administrative Allowance 518 /2012 Oral(LaNe EBlnme ROVS PeyiW July OeaenWer ZOrZ 2012 dSOJ xlr.Y.t2012jrr Name of Successor Agency: Successor Agency to the Redevelopment Agency of the City of Lake Elsinore Project Area(s) RDA Project Area All RECOGNIZED OBLIGATION PAYMENT SCHEDULE JULY 2012 THROUGH DECEMBER 2012 Per AB 26 - Section 34177 (') Page 2 of Pages Ora/( Lake Elsinore BOPS - Period July - December 2012 2012 -05 03x'S.Y32012.1rr Project Name / Debt Obligation Contract /Agreement Execution Date Payee Description Project Area Total Outstanding Debt or Obligation Total Due During Fiscal Year 2012 - 2013" Funding Source Payable from Other Revenue Sources Payments by month Jul 2012 Aug 2012 Sep 2012 Oct 2012 Nov 2012 Dec 2012 Total 1) $ 2 $ 3 $ 4 $ 5 $ 6 $ $ 8 $ 9 $ 10 $ 11) $ 12) $ 13 $ 14 $ 15 $ 6 $ 17 18) $ 19) $ 20) $ 21) $ 22) $ 23 $ 24 $ 25 $ 26 $ 27 $ 28 $ 29 30 $ 31 $ 32 $ 33) $ Totals - LMHF Totals - Bonds Totals - Other Grand total - This Page $ $ $ $ $ $ $ $ $0.00 $ $ is Is $ $ $ $0.00 $ $ I $ is I $ $ $ $0.00 $ I $ I $ Is I $ I $ I $ $ - ' The Initial Draft Recognized Obligation Payment Schedule (ROPS) is to be completed by 311/2012 by the successor agency, and subsequently be approved by the oversight board and audited by the County. " All total due during fiscal year and payment amounts are projected. RPTTF - Redevelopment Property Tax Trust Fund Bonds - Bond proceeds Other - reserves, rents, interest earnings, etc LMIHF- Low and Moderate Income Housing Fund Admin - SuccessorAgency Administrative Allowance 5/812012 Ora/( Lake Elsinore BOPS - Period July - December 2012 2012 -05 03x'S.Y32012.1rr Name of Successor Agency: Successor Agency to the Redevelopment Agency of the City of Lake Elsinore Project Area(s) RDA Project Area All RECOGNIZED OBLIGATION PAYMENT SCHEDULE JULY 2012 THROUGH DECEMBER 2012 Per AB 26 - Section 34177 ( ") Page 3 of 4 Pages Drag Cake Elsinore BOPS - Penod July - December 2012 2012 -05 -03 xls,, /W20121rr Project Name / Debt Obligation Payee Description ;All o ect Area Total Outstanding Debt or Obli 'lion Total Due During Fiscal Year 2012 - 2013'" Funding Source "' Payable from the Administrative Allowance Allocation Payments by month Jul 2012 Aug 2012 Sep 2012 Oct 2012 Nov 2012 Dec 2012 Total 1 Em to ee Costs City of Lake Elsinore City Staff Support reimbursement Areas 0.00 Admin $ 2 Other Administrative Costs City of Lake Elsinore Other Administrative Costs All Areas 0.00 Admin $ 3 Estimated Admin Cost City of Lake Elsinore City Staff Support/other admin reimbursement 2012 -13 All Areas 157,380.00 Admin 26,230.00 26,230.00 26,230.00 26,230.00 26,230.00 26,230.00 $ 157,380.00 4 $ 5 $ 6 $ 7 $ 8 $ 9 $ 0 $ 11 $ 12 $ 13 $ 14 $ 15 $ 16 $ 17 $ 18 $ 9 $ 20 $ 21 $ 22 $ 23 $ 24 $ 25 $ 26 $ 27 $ 28 $ $ $ $ Totals - This Page $ $ 157,380.00 $ 26,230.00 $ 26,230.00 $ 26,230.00 $ 26,230.00 $ 26,230.00 $ 26,230.00 $157,380.00 ' The Initial Draft Recognized Obligation Payment Schedule (ROPS) is to be completed by 311/2012 by the successor agency, and subsequently be approved by the oversight board and audited by the County. All total due during fiscal year and payment amounts are projected. RPTTF - Redevelopment Property Tax Trust Fund Bonds - Bond proceeds Other - reserves, rents, interest earnings, etc LMIHF - Low and Moderate Income Housing Fund Admin - Successor Agency Administrative Allowance 5/8/2012 Drag Cake Elsinore BOPS - Penod July - December 2012 2012 -05 -03 xls,, /W20121rr Name of Successor Agency: Project Area(s) Successor Agency to the Redevelopment Agency of the City of Lake Elsinore RDA Proiect Area All RECOGNIZED OBLIGATION PAYMENT SCHEDULE JULY 2012 THROUGH DECEMBER 2012 Per AB 26 - Section 34177 ( *) Page 4 of 4 Page Draft Lake Elsinore ROPS - Pedod July - December 2012 2012 -05- 03.x15.5/ 12012,jn Project Name / Debt Obligation Payee Description Project Area Total Outstanding Debt or Obligation Total Due During Fiscal Year 2012 - 2013`* Source of Fund* ** Pass Through and Other Payments Payments by month Jul 2012 Aug 2012 Sep 2012 Oct 2012 Nov 2012 Dec 2012 Total 1 Pass-through Payments Riverside Co General Fund Payments per CRL 33401 Project I, II & III RPTTF & TI 0.00 0.00 0.00 0.00 0.00 0.00 $ - 2 Pass-through Payments Riverside Co Libra Payments per CRL 33401 Project I, II & III RPTTF & TI 0.00 0.00 0.00 0.00 0.00 0.00 $ - 3 Pass -throw h Payments Riverside Co Structural Fire District Payments per CRL 33401 Project I, II & III RPTTF & TI 0.00 0.00 0.00 0.00 0.00 0.00 $ - 4 Pass-through Payments Lake Elsinore USD Payments per CRL 33401 Project III RPTTF & TI 0.00 0.00 0.00 0.00 0.00 0.00 $ 5 Pass-through Payments Mt. San Jacinto CCD Payments per CRL 33401 Project III RPTTF & TI 0.00 0.00 0.00 0.00 0.00 0.00 $ - 6 Pass-through Payments Riverside Co. Office of Education Payments per CRL 33401 Project III RPTTF & TI 0.00 0.00 0.00 0.00 0.00 0.00 $ - 7 Pass-through Payments Riverside Co. Flood Control District Payments per CRL 33401 Project I, II & III RPTTF & TI 0.00 0.00 0.00 0.00 0.00 0.00 $ - 8 Pass-through Payments Elsinore Valley Cemetery District Payments per CRL 33401 Project II RPTTF & TI 0.00 0.00 0.00 0.00 0.00 0.00 $ 9 Pass-through Payments Elsinore Valley Municipal Water Dist. Payments per CRL 33401 Project I, It & III RPTTF & TI 0.00 0.00 0.00 0.00 0.00 0.00 $ - 10 Pass-through Payments Elsinore Water District Payments per CRL 33401 Project It & If RPTTF & TI 0.00 0.00 0.00 0.00 0.00 0.00 $ - I 1),Statutory Payments City of Lake Elsinore Payments per CRL 33607.5 and .7 Project I RPTTF & T1 0.00 0.00 0.00 0.00 0.00 0.00 $ - 12 Statutory Payments Lake Elsinore USD Payments per CRL 33607.5 and .7 Project I RPTTF & TI 0.00 0.00 0.00 0.00 0.00 0.00 $ - 13 Statutory Payments Mt. San Jacinto CCD Payments per CRL 33607.5 and .7 Project I RPTTF & TI 0.00 1 0.00 0.00 0.00 0.00 0.00 $ - 14 Statutory Payments Riverside Co. Office of Education Payments per CRL 33607.5 and .7 Project I RPTTF & TI 0.00 0.00 0.00 0.00 0.00 0.00 $ 15 Statutory Payments Riverside Co. Regional Park & Open Space Payments per CRL 33607.5 and .7 Project I RPTTF & TI 0.00 0.00 0.00 0.00 0.00 0.00 $ - 16 Statutory Payments Elsinore Valley Cemetery District Payments per CRL 33607.5 and .7 Project I RPTTF & TI 0.00 0.00 0.00 0.00 0.00 0.00 $ - 17 Statutory Payments Western Municipal Water District Payments per CRL 33607.5 and .7 Project I RPTTF & TI 0.00 0.00 0.00 0.00 0.00 0.00 $ - 18 Statutory Payments Elsinore Water District Payments per CRL 33607.5 and .7 Project I RPTTF & TI 0.00 0.00 0.00 0.00 1 0.00 0.00 $ - 19 Statutory Payments Metropolitan Water District Payments Per CRL 33607.5 and .7 Project I RPTTF & TI 0.00 0.00 0.00 0.00 0.00 0.00 $ - County Administrative Fees Riverside Co. Auditor - Controller Payments per CRL 33607 RPTTF & TI 0.00 0.00 0.00 0.00 0.00 0.00 $ - $ $ $ $ $ Totals -Other Obligations $ $ $ $ $ $ $ $ - $ - $ - * The Initial Draft Recognized Obligation Payment Schedule (ROPS) is to be completed by 311/2012 by the successor agency, and subsequently be approved by the oversight board and audited by the County. ** All total due during fiscal year and payment amounts are projected. * ** Funding sources from the successor agency: (For fiscal 2011 -12 only, references to RPTTF could also mean tax increment (TI) allocated to the Agency prior to February 1, 2012.) RPTTF- Redevelopment Property Tax Trust Fund Bonds - Bond proceeds Other - reserves, rents, interest earnings, etc LMIHF - Low and Moderate Income Housing Fund Admin - Successor Agency Administrative Allowance 5/8/2012 Draft Lake Elsinore ROPS - Pedod July - December 2012 2012 -05- 03.x15.5/ 12012,jn