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HomeMy WebLinkAbout2012-01-25 e-packet SPECIAL MEETING REDEVELOPMENT AGENCY T! y OF THE CITY OF SOUTH SAN FRANCISCO `4 Fol ic0 P.O. Box 711 (City Hall, 400 Grand Avenue) South San Francisco, California 94083 Meeting to be held at: MUNICIPAL SERVICES BUILDING COMMUNITY ROOM 33 ARROYO DRIVE WEDNESDAY, JANUARY 25, 2012 6:30 P.M. NOTICE IS HEREBY GIVEN, pursuant to Section 54956 of the Government Code of the State of California, the Redevelopment Agency of the City of South San Francisco will hold a Special Meeting on Wednesday, the 25 day of January, 2012, at 6:30 p.m., in the Municipal Services Building, Community Room, 33 Arroyo Drive, South San Francisco, California. Purpose of the meeting: 1. Call to Order. 2. Roll Call. 3. Agenda Review. 4. Public Comments — comments are limited to items on the Special Meeting Agenda. CONSENT CALENDAR 5. Motion to approve the minutes of January 11, 2012. 6. Motion to approve expense claims of January 25, 2012. 7. Submittal of Annual Redevelopment reports to the State Controller as required by California Health & Safety Code 33080.1. ADMINISTRATIVE BUSINESS 8. Resolution of the Board of the Redevelopment Agency of South San Francisco approving the Declaration of Advance Forgiveness between the Agency and the City of South San Francisco. 9. Resolution adopting the Enforceable Obligations Payment Schedule for January 1, 2012 through June 30, 2012. ADJOURNMENT City° . -rk, City of So .th Sa cisco SPECIAL REDEVELOPMENT AGENCY MEETING JANUARY 25, 2012 AGENDA PAGE 2 MINUTES ; 3 ' .. - = _ REDEVELOPMENT AGENCY U r = O _ c9 :- - ,_ ,, CITY OF SOUTH SAN FRANCISCO iIF0At} REGULAR MEETING MUNICIPAL SERVICES BUILDING COMMUNITY ROOM WEDNESDAY, JANUARY 11, 2012 CALLED TO ORDER: 6:30 p.m. ROLL CALL: Present: Boardmembers: Addiego, Matsumoto and Mullin, Vice Chairman Gonzalez and Chairman Garbarino. Absent: None. AGENDA REVIEW Agency Director Nagel advised that Item Number three (3) should be heard as Administrative Business. The Agency agreed. PUBLIC COMMENTS None. CONSENT CALENDAR 1. Motion to approve the minutes of December 14, 2011. 2. Motion to approve expense claims of January 11, 2012. Motion— Boardmember Addiego /Second— Boardmember Mullin: to approve the Consent Calendar. Unanimously approved by voice vote. ADMINISTRATIVE BUSINESS 3. Redevelopment Agency Status Update and Outline of Action Dates as Required by AB xl 26. Counsel Mattas made a presentation to the Agency providing background information as a follow -up to a recent California Supreme Court Decision relating to the future of Redevelopment Agencies in California. He noted that pursuant to AB xl 26, action would have to be taken by January 31, 2012 determining the Agency's Successor. He advised the City Council had the option not to be the Successor and would later seek direction from the Council on this point. If Council determined at its i regular meeting this evening that it desired to withdraw from the Successor Agency opportunity it would have to take action tonight as the deadline for such action was January 13, 2012. If Council chose not to withdraw from the Successor Agency opportunity, staff would bring back recommendations for further action at the Redevelopment Agency's Special Meeting and the City Council's Regular Meeting both scheduled for January 25, 2012. Two pieces of RDA Legislation were reviewed by the Supreme Court in CRA v. Matosantos: AB xl 26 — dissolve RDAs and AB xl 27 - reinstate RDA upon agreement to opt in payment. In Matosantos, the Supreme Court upheld AB xl 26 and invalidated AB xl 27. Because AB 26 was upheld, Redevelopment Agencies in California will be dissolved as of January 31, 2012, unless the legislature passes certain legislation extending the proposed dissolution date through April 15, 2012. AB 26 requires Redevelopment Agencies to preserve assets and meet their respective debt obligations. Accordingly, the Agency must adopt a Schedule of Enforceable Obligations. The South San Francisco Redevelopment Agency adopted a Schedule of Enforceable Obligations on August 24, 2011 but an updated schedule will be considered at a January 25, 2012 meeting. "Enforceable Obligations" are defined to include: bonds, including debt service, reserve set - asides and any other required payments; loans borrowed by the agency; payments required by the federal or state government; pension and unemployment payments for agency employees; judgments, settlements or binding arbitration decisions; contracts necessary for operation and administration of the Agency, e.g., rent, insurance, equipment, supplies and professional services; any legally binding and enforceable contract that does not violate the debt limit or public policy (e.g., the S /SKS DDA and Mid -Pen agreements). Prior to dissolution, the Agency may not: execute new contracts, amend existing agreements, prepare, adopt or amend redevelopment plans, incur new debt, sell, lease, pledge or encumber property, acquire property, commence eminent domain proceedings, make new loans, forgive or modify existing loans, increase deposits to housing set -aside funds, or accept financial assistance that is contingent upon incurring debt. The South San Francisco Redevelopment Agency suspended all such activity on June 26, 2011. Additional AB26 requirements include that any Agency actions taken pursuant to the EOPS are not effective for three business days and are reviewable by the State Department of Finance. If the State Department of Finance requests review of an Agency action, it has 10 days from the date of its request to approve the action or return it to the Agency for reconsideration. Additionally, the State Controller must review RDA activities to determine whether agencies have transferred assets to the city or county that created the agency or to any other public agency. If such a transfer occurred after January 1, 2011, the Controller is required to order assets that are not "contractually committed to a third party for the expenditure or encumbrance of those assets" to be returned to the Agency. Counsel Mattas next presented a slide detailing RDA Funds and Indebtedness as of 12.31.2011. The slide represented that total 80% funds were at $75,366,000 and total 80% indebtedness was at $69,140,000. Total 20% funds were at $38,333,000 and total 20% indebtedness was at $3,091,000. The total of these two categories left RDA funds and indebtedness at $113,699,000 and $72,231,000 respectively. City Attorney Mattas advised a bill by Senator Steinberg that would allow Agencies to choose a Successor Housing Agency to retain Low and Mod Funds was presently in the works. Regarding the Successor Agency, a city must decide before January 13, 2012 whether it desires not to be the Successor Agency. If the City elects not to serve as the Successor Agency, another local agency may elect to serve or the Governor will appoint a Successor Agency made up of 3 residents of the County. Staff recommends that the City elect to be the Successor Agency for reasons relating to operation of law and will present a resolution to that effect to the City Council on 1.25.2012 should REGULAR REDEVELOPMENT AGENCY MEETING JANUARY 11, 2012 MINUTES PAGE 2 Council so choose. Staff has also prepared a resolution for adoption this evening in the event the Council chooses not be the Successor Agency. Counsel Mattas next presented Pros and Cons of serving as a Successor Agency as follows: Preserves the City's interest in having an active role in the dissolution process; Section 34171(b) provides for an annual "administrative cost allowance" and it was estimated the Agency will be allocated $250,000 yearly; Section 34173(e) limits the Successor Agency for action taken pursuant to AB 1X 26 to total tax increment it receives on behalf of the former RDA. Counsel Mattas then discussed the Oversight Board. He explained that the seven (7) member board would have duties including directing the disposition of assets with proceeds to be transferred to the county auditor - controller for distribution to taxing entities. The Oversight Boardmembers would be appointed by spring of 2012 through June 2016 and would be comprised of the following: one (1) member appointed by the Board of Supervisors; one (1) public member appointed by the Board of Supervisors; a member appointed by the largest special district, by property tax share, with territory in the former jurisdiction of the Redevelopment Agency, and that is eligible to receive property tax revenues pursuant to new Health and Safety Code Section 34188; a member appointed by the Chancellor of the California Community Colleges; a member appointed by the county Superintendent of Education; one (1) member representing the City appointed by the Mayor; one (1) member appointed by the Mayor to represent the employees of the former Redevelopment Agency, selected from the recognized employee organization representing the largest number of former employees employed by the successor agency at that time. In the City of South San Francisco's case it was believed that representative would come from AFSCME. Oversight Board approval would be required for the following actions: the enforceable obligations payment schedule, as soon as a quorum can be obtained; establishing new repayment terms for outstanding loans where the terms were not specified as of October 1, 2011; refunding outstanding bonds or other debt of the former redevelopment agency, provided that no additional debt can be created and debt service cannot be accelerated; setting aside amounts in reserves as required by indentures or similar bond documents; merging project areas; continuing to accept federal or state grants or other financial assistance conditioned on matching funds of more than five percent; entering into a compensation agreement with the other taxing entities where the successor agency wishes to use its own funds and auspices to retain any properties or other assets for future redevelopment activities; establishing the Recognized Obligation Payment Schedule, including the repayment schedule for amounts borrowed from or owing to the Housing Fund; establishing the Successor Agency's administrative budget; a request by the Successor Agency to enter into an agreement with the city, county, or city and county that formed the redevelopment agency that it is succeeding; and a request by the successor agency or taxing entity to pledge, or agree to pledge, property tax revenues pursuant to Health and Safety Code Section 34178(b), which lists the types of redevelopment agency and city or county agreements that remain valid and binding. Counsel Mattas next presented future actions as follows: prior to February 29, 2012, the Successor Agency must adopt a Recognized Obligation Payment Schedule (ROPS); prior to April 15, 2012 the Successor Agency must submit ROPS to the State Controller and State Department of Finance for Approval; by May 1, 2012, the Oversight Board would Commence Operation. REGULAR REDEVELOPMENT AGENCY MEETING ' JANUARY 11, 2012 MINUTES PAGE 3 Boardmember Addiego questioned when the ROPS would expire such that obligations would be satisfied. Counsel Mattas explained the ROPS would be reallocated to a different entity until payment was satisfied. He cautioned, however, that the legislature wrote AB 26 with a retroactive provision — cooperative agreements between the City and Agency might not be effective if adopted after January 1, 2011. Accordingly, some funds would be at risk. However, if such funds were part of a three (3) party agreement, where one party to the agreement was an entity other than the Agency and the City, the obligations would be protected. In response to a question from the Agency and regarding the PUC land that the Agency transferred to the City last year, Counsel Mattas noted it was in a transit oriented district and the funds were spent consistent with the desires of legislature. ADJOURNMENT Being no further business, Chairman Garbarino adjourned the meeting at 7:00 p.m. Submitted by: Approved: Kn a Jartinelli, k Richard A. Garbarino, Chairman City o 1 San F . co City of South San Francisco REGULAR REDEVELOPMENT AGENCY MEETING JANUARY 11, 2012 MINUTES PAGE 4 Listing of RDA Payments for Council Review 6 pi. S�te. H � ��iTii v o LIFORe I certify that the payments shown on this payment register are accurate and sufficient funds were available for payment.* DATED /) 1A0 , • .O / FINANCE DIRECTOR *Note: Items below do not include payroll related payments Checks: Date Amount 01/09/12 10,982.00 01/11/12 88,403.82 01/18/12 1,367.22 Electronic Payments: Date Amount To Description Total Payments $ 100,753.04 'rinted on: 01/19/2012 Page 1 of 31 City of South San Francisco Payment Listing for Redevelopment Agency Board Review Payments Issued between 1/5/2012 and 1/18/2012 01/09/2012 VENDOR NAME INVOICE AMOUNT INVOICE DESCRIPTION INVOICE # CHECK # Dept 10 ECONOMIC & COMMUNITY DEVELOPMENT DEPT MAZE & ASSOCIATES 3,045.00 NOV SRVCS FOR AUDIT END 6/30/11 1041 210305 1,073.25 NOV SRVCS FOR AUDIT END 6/30/11 1066 210305 Payments Issued for ECONOMIC & COMMUNITY $10,982.00 DEVELOPMENT DEPT Payments Made on 1/9/2012 $10,982.00 printed on: 01/19/2012 Page 2 of 31 City of South San Francisco Payment Listing for Redevelopment Agency Board Review Payments Issued between 1/5/2012 and 1/18/2012 01 /1112012 VENDOR NAME INVOICE AMOUNT INVOICE DESCRIPTION INVOICE # CHECK # Dept 10 ECONOMIC & COMMUNITY DEVELOPMENT DEPT ARMANDO SANCHEZ 5,355.00 CONSULTANT SERVICES FOR RDA HOUSING- 11/29- 12/12/11 EFT Payments Issued for ECONOMIC & COMMUNITY $5,355.00 DEVELOPMENT DEPT Dept 99 CIP TECHNOLOGY, ENG CONST /ACCUTITE 83,048.82 ENVIRONMENT. CONSULT SVCS, CALTRAIN SITE 179269 210447 Payments Issued for CIP $83,048.82 Payments Made on 1/11/2012 $88,403.82 'tinted on: 01/19/2012 Page 3 of 31 City of South San Francisco Payment Listing for Redevelopment Agency Board Review Payments Issued between 1/5/2012 and 1/18/2012 01/18/2012 VENDOR NAME INVOICE AMOUNT INVOICE DESCRIPTION INVOICE # CHECK # Dept 10 ECONOMIC & COMMUNITY DEVELOPMENT DEPT BLUE COLLAR LANDSCAPING 160.00 MONTHLY LAWN SRVD ALL PROR RENTAL DEC 161 210478 20.00 PROP RENTAL LAWN CLEANUP 159 210478 60.00 TRIMMING LARGE HEDGE LINDEN AVE. 162 210478 40.00 TRIMMING LARGE HEDGE - 306 SPRUCE 160 210478 CSMFO 110.00 2012 MEMBERSHIP RENEWAL -KATE ROSENLIEB 43658 210497 SSF SCAVENGER CO INC 51.04 DEC11 COMMERCIAL SVC -339 COMMERCIAL AVE 2371624 210556 76.55 DEC11 COMMERCIAL SVC -310 MILLER AVE 2372044 210556 51.04 DEC11 COMMERCIAL SVC- 341 COMMERCIAL 2371625 210556 102.07 DEC11 COMMERICAL SVC -312 MILLER AVE. 2372045 210556 158.73 DEC11 COMMERCIAL SVC -714 LINDEN AVE. 2371949 210556 9.54 DEC11 SVC- 12/20- 12/31/11- 315 AIRPORT 2371510 210556 357.01 DEC11 COMMERCIAL SVC- 306 SPRUCE 2372440 210556 THE SWENSON GROUP, INC. 171.24 CITYWIDE COPIERS CHGS - DEC 2011 102922 210562 Payments Issued for ECONOMIC & COMMUNITY $1,367.22 DEVELOPMENT DEPT Payments Made on 1/18/2012 $1,367.22 Total REDEVELOPMENT AGENCY PAYMENTS $100,753.04 Redevelopment Agency '�LIFOR� ° StaffReport DATE: January 25, 2012 TO: Redevelopment Agency Board FROM: Jim Steele, Finance Officer SUBJECT: SUBMITTAL OF ANNUAL REDEVELOPMENT REPORTS TO THE STATE CONTROLLER AS REQUIRED BY CALIFORNIA HEALTH & SAFETY CODE 33080.1 RECOMMENDATION It is recommended that the Redevelopment Agency Board receive and accept the attached reports as required by Health and Safety Code 33080.1. BACKGROUND/DISCUSSION California Health & Safety Code 33080.1 requires local agencies to produce and submit to the State Controller a series of annual reports related to the Redevelopment Agency's activities in the prior fiscal year. While the recent Supreme Court decision dissolves the Agency as of February 1, 2012, staff is submitting these reports to the Board just to be conservative. Agencies are also required to present these reports, along with an annual update on blight progress, to its legislative body. The State reports have been submitted to the State Controller as required; the Board also needs to receive and review them and the blight progress update. This staff report transmits the reports for fiscal year 2010 -11. Several of these routine reports provide for demographic reporting to the State, are lengthy and contain very detailed numerical data. Consequently, it is not feasible to include them as attachments. They can be viewed on the City's website in the Finance Department Homepage (www.ssf.net/depts /finance), or by contacting the Finance Department at 877 -8513. Also, a binder containing the reports is available in the Council office. The reports submitted annually to the State Controller's Office are: Property Report Describes properties owned by the Agency, their uses, and those acquired in the previous fiscal year. (Exhibit A) Housing Activities Report Describes housing activities and funding sources. (Available for viewing as described above). RDA Staff Report Subject: Annual Redevelopment Reporting Requirements Page 2 Annual Report of Financial Transactions of Community Redevelopment Agencies Presents detailed descriptions of the Agency's project areas and assessed valuations, including but not limited to, the Agency's long -term debt and statement of income and expenditures. (Available for viewing as described above). Loan Report Identifies loans which equal or exceed $50,000 and were found by the Agency during the previous fiscal year to have either defaulted or not complied with the terms of the agreements approved by the Agency. The Agency did not have any such loans in fiscal year 2010 -11, so this statement, in lieu of a report, will suffice for the reporting requirement. Annual Blight Progress Report Describes the Agency's progress in eliminating blight over the past year, including goals and objectives set and achieved. (Exhibit B) CONCLUSION Acceptance of these reports will facilitate the Agency's compliance with the State Health and Safety Code. • By: J Approve : 0 C l Jim Steele M. Nagel Finance Officer Executive Director Attachments: Exhibit A - Property Report Exhibit B - Blight Progress Report KR/JS/BN:ed Exhibit A Properties Owned by the Redevelopment Agency of South San Francisco as of June 30, 2011 No. APN TRA Address Use 1 014160040 013064 636 0 Camino Ave Future housing over retail Note: the properties below were acquired by the Agency in 2010 -11, but were transferred over to the City of South San Francisco during 2010 -11. 1 012316060, 080, 090 013054 217 -219 Grand Ave Future housing over retail 2 012316100 013054 207 Grand Ave Future housing over retail • Exhibit B Blight Progress Report Redevelopment Agency of South San Francisco During fiscal year 2010 -11 the Redevelopment Agency efforts have been focused on the alleviation of blight through the following activities: • Infrastructure improvements to major thoroughfares, residential streets, and other infrastructure systems to open additional area to development and redevelopment. • Business attraction activities to eliminate blighting conditions and provide additional employment opportunities for South San Francisco residents. • Construction and rehabilitation of public facilities such as parks and recreational facilities. • Redevelopment of existing vacant and underutilized land to eliminate blighting conditions and provide residents with additional housing, employment and recreational opportunities. • Housing activities to provide new affordable housing opportunities for low- and moderate - income families and to improve the City's existing housing stock. • Loans and technical support to provide businesses opportunities for expansion and job creation. Specific projects undertaken include but are not limited to the following: In the Downtown Area: • Provided loan and technical assistance to a downtown restaurant, Di Napoli allowing them to further remodel their initial restaurant once an Agency assisted expansion was completed. Di Napoli is still remodeling the rear of the facility to provide storage and screens to the neighborhood of their HVAC system. • Provided loan and technical assistance to a downtown business, Bronstein Music Store to remodel their business which was completed in October of 2011. • The Redevelopment Agency completed construction for the new parking garage located on Miller Avenue on April 29, 2011. In 2010/11 he Agency committed $1.5 million to complete grade and tenant improvements to the commercial space in the garage. Plans for a City Police sub - station for the first floor were initiated in 10/11 with construction occurring in 11/12. • As part of the work associated with the new parking garage, the Agency designed and constructed a Pedestrian Breezeway, connecting the parking structure and Grand Avenue, the Downtown Historic Business District during 10/11. Also in 10 /11, the Agency initiated improvements to another downtown breezeway to increase the safety and visibility of the passageway and that work continues in 11/12. • The Redevelopment Agency negotiated the acquisition of the Caltrans site on Airport Boulevard at Grand Avenue, for future pedestrian plaza, as a link to the proposed new relocated train station and the Agency closed escrow with Caltrain on the property in FY 09/10 and took possession of the site. Plans for abatement of toxic materials on the site were prepared in 10 /11 with abatement work planned for 11/12. Blight Progress Report - continued Redevelopment Agency of South San Francisco • Implementation of the Downtown Revitalization Strategy was initiated with the feasibility analysis (09/10) underway to construct a mixed use (residential /commercial) development in the project area. • In 10 /11 the Agency completed the acquisition of 207 Grand Avenue, 217 -219 Grand Avenue and one additional vacant lot on Grand Avenue. Assemblage of these sites gives the Agency the opportunity to complete a major mix -use development with 25 -45 units of housing and up 7,000 sq. ft. of retail. • In 10 /11 the Agency negotiated and entered into a purchase and sale agreement for five key sites in the Downtown. The combined lots are 2.18 acres and can accommodate up to 65 residential units, 21,000 square feet of retail, 114,200 square feet of commercial/office space and 468 parking spaces. The Agency will close on the properties in 11/12 and will pursue development opportunities in the coming years. • Design plans were completed in 10 /11 and the property located at 418 Linden Avenue received entitlements for construction of a mixed -use, commercial and residential development. Construction is postponed until the economy improves. • Based on the Downtown Revitalization Strategy two major grants in were awarded the City in 10 /11: 1) the Climate Action Plan and Pedestrian Master Plan grant in the amount of $323,624 and 2) the Station Area and Planning Land Use Program grant in the amount of $600,000. The Agency provided matching funds for these grants and the work associated with these grants will be undertaken and completed in 11/12. • Numerous other downtown project area improvements were undertaken in 10 /11 including the following: new downtown energy saving street lights; accessible ramps in the area; storm drain electrical panel improvements; parking lot improvements on Grand Avenue; graphic panels along Fourth Lane were designed (and will be installed in 11/12). • The building at 938 Linden Avenue was acquired in 09/10 (is now owned by the City) and in 10/11 re- design plans were drafted and environmental review conducted and entitlements issued for the remodel of the building to house a new social service meal program for homeless or those at risk of becoming homeless. Those renovations are anticipated to begin in 11/12. • Residential properties located at 339 Commercial Avenue and 714 -718 Linden Avenue were remodeled, in 10/11, due to water intrusion. The property at 306 Spruce houses a County Health Center and a significant amount of work was undertaken to improve and maintain the HVAC, boiler and exhaust fan systems during 10/11. In the Downtown Added Area: • A Redevelopment Plan Amendment was initiated and nearly completed in 10/11. The work is now on hold pending the outcome of the redevelopment litigation resulting from the State budget. • Monitoring continued for toxins in the land fill with new plans for potential development and replacement of underground utility lines. 2 Blight Progress Report- continued Redevelopment Agency of South San Francisco • Plans with other entities for the development of the Ferry Terminal continued to move forward and the Redevelopment Agency has funded the initial construction for the Ferry Terminal to bridge federal funding anticipated in the next fiscal year. The initial piers for the ramp and dock were installed, with a portion of the dock installed as well. Completion of the dock and pedestrian walkway will continue in 11/12. In the El Camino and El Camino Added Areas: • A Bicycle Master Plan was undertaken and a map produced in 09/10 "Walking and biking Map of SSS in conjunction with Kaiser Permanente, showing bike and walking trails along the El Camino Real and east -west crossings over into the Downtown Area and lands East of Highway 101. The Bicycle Plan was amended in 10 /11 to incorporate pedestrian plans for the City of South San Francisco. • A master plan is still underway for Agency lands acquired from the PUC to guide future development along the utility corridor and the lands were cleared of debris, fenced and landscaped. The El Camino Real /Chestnut Land Use Plan and environmental impact report was undertaken in 09/10, continued into 10 /11 to complete the environmental reviews and was presented for adoption to the Agency Board in 11/12. • Construction of 636 El Camino, a 109 unit affordable housing complex with ground floor retail is underway. Completion and occupancy is expected in the fall of 2012. The project developer will open a leasing office in the downtown area and begin taking applications in January 2012. In the Gateway Area: • Negotiations were held in 09/10 regarding the acquisition and recovery of the City's right of way in the Gateway Project Area adjacent to the site of the proposed new Caltrain Station. Surveys were been conducted in preparation for the transfer of several properties scheduled to take place in 10 /11. The work to acquire these properties is now on hold pending the outcome of the redevelopment litigation resulting from the State budget. 3 °�xt Redevelopment Agency „...... : .). 1 . fi e..,- ! f a v _'�'.' o StaffReport DATE: January 25, 2012 TO: The Redevelopment Agency Board FROM: Jim Steele, Finance Officer SUBJECT: A RESOLUTION OF THE BOARD OF THE REDEVELOPMENT AGENCY OF SOUTH SAN FRANCISCO APPROVING THE DECLARATION OF ADVANCE FORGIVENESS BETWEEN THE AGENCY AND THE CITY OF SOUTH SAN FRANCISCO RECOMMENDATION It is recommended that the Redevelopment Agency of South San Francisco adopt a resolution approving the Declaration of Advance Forgiveness between the Agency and the City of South San Francisco. BACKGROUND/DISCUSSION On September 6, 2011, the Governor signed AB 936 into law which added Article 4.4 (commencing with Section 33354.7) to Chapter 4 of Part 1 of Division 24 of the Health and Safety Code, relating to redevelopment. This new law requires that redevelopment agencies utilize new procedures with respect to forgiveness of loans, advances, or indebtedness and also requires that before February 1, 2012 a redevelopment agency adopt a resolution declaring whether or not it has forgiven a loan, advance, or indebtedness owed by an agency or other public body between January 1, 2010 and December 31, 2011. As the Board may recall, on March 2, 2011, both the Agency and the City adopted resolutions forgiving the advances made from the Agency to the City's Downtown Parking Enterprise Fund. The advances were made by the Agency because the Parking District did not have sufficient funds to pay for the construction of the Miller Avenue parking garage. The Downtown Parking Enterprise Fund receives revenue from parking meter and parking permit sales in the Downtown Parking District. It would have taken future parking meter and parking permit sales over 15 to 20 years to pay the Agency back for the $8.8 million advance to the Parking Fund, and doing so would have diverted funds that could otherwise be used to support other downtown parking needs that otherwise would not be funded. Because of that fact, and because support for downtown parking is a key to the redevelopment of downtown South San Francisco, the debt was forgiven on March 2, 2011. The attached resolution includes the items specified in the new law, and as required, a copy of the adopted resolution will be transmitted to both the City Council of the City of South San Francisco as well as the State Controller's Office. Redevelopment Agency Staff Report Agency Declaration of Loan Forgiveness January 25, 2012 Page2of2 FISCAL IMPACT There is no financial impact related to compliance with this new reporting requirement. CONCLUSION Adopting the report will satisfy the reporting requirements of this new law. r By: Approve !. Jim Stee M. Nagel Finance Officer Executive Director Attachment: Resolution KR/JSBN:ed RESOLUTION NO. REDEVELOPMENT AGENCY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION OF THE BOARD OF THE REDEVELOPMENT AGENCY OF SOUTH SAN FRANCISCO APPROVING THE DECLARATION OF ADVANCE FORGIVENESS BETWEEN THE AGENCY AND THE CITY OF SOUTH SAN FRANCISCO WHEREAS, the Redevelopment Agency of the City of South San Francisco ( "Agency ") is a redevelopment agency formed, existing and exercising its powers pursuant to California Community Redevelopment Law, Health and Safety Code section 33000 et seq. ( "CRL "); and, WHEREAS, pursuant to authority granted under the CRL, the Agency has the responsibility to implement the redevelopment plans of the Downtown Central Project Area, the Shearwater Project Area, the Gateway Project Area and the El Camino Corridor Project Area; and, WHEREAS, AB 936 added Article 4.4 Section 33354.8 of Chapter 4 of Part 1 of Division 24 of the California Heath and Safety Code requires that on or before February 1, 2012, an agency or public body shall adopt a resolution that declares whether or not it has forgiven, during the period of time commencing January 1, 2010, through December 31, 2011, the repayment, wholly or partially, of a loan, advance, or indebtedness that has been owed by a public body to the agency or an agency to the public; and, WHEREAS, the Agency forgave an advance made from the Agency to the City of South San Francisco's Downtown Parking Enterprise Fund (City) during the reportable time period; and, WHEREAS, the advance provided for construction of the Miller Avenue Parking Structure consisting of a five level open -air concrete parking garage with 254 parking stalls serving the Downtown Central Project Area; and, WHEREAS, the fiscal effects of the loan forgiveness were positive to both the Agency and the City. NOW, THEREFORE, BE IT RESOLVED that the Redevelopment Agency of South San Francisco hereby reports that pursuant to Resolution 08 -2011 it forgave an advance made to the City of South San Francisco's Downtown Parking Enterprise Fund on March 2, 2011. BE IT FURTHER RESOLVED that the Redevelopment Agency of South San Francisco hereby finds the following: 1. On March 2, 2011 the Agency forgave the advance made from the Agency to the City of South San Francisco's Downtown Parking Enterprise Fund. 2. The final amount of the loan forgiveness by the Agency was $8,792,327.28. 3. The terms of the advance the Agency forgave included an interest rate of 4.585% and an unspecified term for repayment. 4. Their was no fiscal effect on the City of South San Francisco, however, the South San Francisco Parking District did receive a positive fiscal impact in that it may allocate more of its annual revenue to maintenance and operations of the Parking District facilities from funds that otherwise would have been required to repay the advanced funds. 5. The fiscal effect on the Agency of this advance forgiveness was that the Agency ultimately utilized tax increment revenues to complete a parking structure which assisted with the elimination of blight and continued the economic revitalization of the Downtown Central Project Area. BE IT FURTHER RESOLVED that the Redevelopment Agency hereby finds that, except as provided herein, the Agency has not forgiven any loans, advances or indebtedness owed to the Agency by the City or any other public agency. BE IT FURTHER RESOLVED that the Redevelopment Agency hereby directs and authorizes the Agency Executive Director to transmit a copy of this Resolution to the City Council of the City of South San Francisco and to the California State Controller. I hereby certify that the foregoing Resolution was regularly introduced and adopted by the Redevelopment Agency of the City of South San Francisco at a meeting held on the day of , 2012 by the following vote: AYES: NOES: ABSTAIN: ABSENT: ATTEST: City Clerk 1782782.1 �� °� ; Redevelopment Agency z g J5Y Sta Re ort DATE: January 25, 2012 TO: Redevelopment Agency Board FROM: Jim Steele, Finance Officer SUBJECT: A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SOUTH SAN FRANCISCO ADOPTING AN ENFORCEABLE OBLIGATIONS PAYMENT SCHEDULE FOR THE PERIOD JANUARY THROUGH JUNE 2012 RECOMMENDATION It is recommended that the Redevelopment Agency Board adopt a resolution adopting an Enforceable Obligations Payment Schedule for the period January through June 2012, as required by Assembly Bill xl 26, recently upheld by the California Supreme Court. BACKGROUND/DISCUSSION Assembly Bill x1 26 ( "AB 26 ") eliminating redevelopment agencies becomes effective as of February 1, 2012. AB 26 required redevelopment agencies to adopt an Enforceable Obligation Payment Schedule ( "EOPS ") no later than August 28, 2011 that listed an agency's "enforceable obligations." Enforceable obligations are defined as: 1. Bonds; 2. Loans obtained by the Agency for a lawful purpose; 3. Payments required by the Federal or State government, or payments related to Agency employees, including but not limited to, pension and unemployment payments; 4. Judgments or settlements entered by a competent court of law; 5. Legally binding and enforceable agreements or contracts; and 6. Contracts or agreements necessary for the continued administration or operation of the Agency (e.g., office space, equipment, supplies, insurance, services, travel expenses). The purpose of the EOPS requirements is to protect Agency assets so that they will be available for distribution to taxing entities upon dissolution of the Agency. The Agency adopted the initial EOPS on August 24, 2011 and it showed expected expenditures for the period July 2011 through December 2011. This amended EOPS outlines expected expenditures for January through June 2012 and provides updated information on the Agency's enforceable obligations. AB 26 provides that once an agency adopts an EOPS, it is prohibited from making any payments that are not listed on the EOPS. The Successor Entity (the City of South San Francisco) will continue this process of outlining remaining expenditures allowable under the EOPS every six months until the obligations of the Agency are Staff Report Subject: Enforceable Obligations Payment Schedule Page 2 completely satisfied. Payments are subject to review by the Oversight Board (to be appointed), by the County Controllers Office, and by the State Department of Finance. CONCLUSION Adoption of this resolution and schedule will fulfill the Agency's obligation under Health and Safety Code Section 34169 to adopt an EOPS for the period January through June 2012. By: Approve t Jim Steel , M. Nagel Finance Officer Executive Director Attachments: Resolution Enforceable Obligations Payment Schedule KR/JSBN:ed A RESOLUTION NO. RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SOUTH SAN FRANCISCO ADOPTING THE ENFORCEABLE OBLIGATION PAYMENT SCHEDULE (EOPS) FOR JANUARY 1, 2012 THROUGH JUNE 30, 2012 WHEREAS, the Redevelopment Agency of the City of South San Francisco ( "Agency ") is a redevelopment agency formed, existing and exercising its powers pursuant to California Community Redevelopment Law, Health and Safety Code Section 33000 et seq. (the "CRL "); WHEREAS, pursuant to Health and Safety Code Section 34169(g), the Agency is required adopt an Enforceable Obligation Payment Schedule ( "EOPS ") that lists all of the obligations that are "enforceable obligations" within the meaning of Health and Safety Code Section 34167(d), and which includes the following information about each such obligation: (a) The project name associated with the obligation. (b) The payee. (c) A short description of the nature of the work, product, service, facility, or other thing of value for which payment is to be made. (d) The amount of payments obligated to be made each month; WHEREAS, the Agency is required to post the EOPS on the Agency's website and transmit a copy to the County Auditor - Controller, the State Controller and the State Department of Finance; WHEREAS, an EOPS was approved by Agency Resolution No. 25 -2011 adopted August 24, 2011, and the EOPS was transmitted to all required parties and posted on the Agency's website; WHEREAS, Health and Safety Code Section 34169(g)(2) provides that the EOPS may be amended at a public meeting of the Agency, and that such amendments must be posted on the Agency's website and transmitted to the County Auditor - Controller, the State Controller and the State Department of Finance; WHEREAS, the previously- adopted EOPS covers the period ending December 31, 2011, and the Agency desires to adopt a supplement to the EOPS as described in the attached Exhibit A so that the EOPS may remain effective until a Recognized Payment Obligation Schedule (ROPS) is reviewed, certified and approved pursuant to Health and Safety Code Section 34177(1)(2); WHEREAS, the Agency reserves the right to further amend the Enforceable Obligation Payment Schedule; WHEREAS, in adopting the attached EOPS, the Agency does not intend to waive, nor shall the Agency be deemed to have waived any rights the Agency or its successor may have pursuant to 1779516.1 1 or in connection with any obligation listed on such Schedules, including without limitation, the right to modify, amend, terminate or challenge any obligation listed on such Schedules; and WHEREAS, the Agency, by adoption of this Resolution and the undertaking of the actions described herein, does not waive, nor shall the Agency be deemed to have waived, any rights the Agency or its successor may have to challenge the legality or enforceability of any actions taken by any party pursuant to Assembly Bill xl 26 or any provision thereof. NOW, THEREFORE, the Redevelopment Agency of the City of South San Francisco does hereby resolve as follows: 1. The Recitals set forth above are true and correct, and are incorporated herein by reference. 2. The Enforceable Obligation Payment Schedule (EOPS) covering the time period of January 1, 2012 through June 30, 2012 attached hereto as Exhibit A is hereby adopted, subject to all reservations of rights and contingencies set forth above. 3. The Agency Executive Director or designee is authorized to take all actions necessary to implement this Resolution, including without limitation, the posting of this Resolution, the attached EOPS on the Agency's website, and the provision of notice of adoption of this Resolution and such Schedules to the County Auditor - Controller, the State Controller and the State Department of Finance. 4 Authorizes the Agency Executive Director and the Agency Finance Director, and their designees, to take such actions as necessary and appropriate to carry out and implement the intent of this Resolution. PASSED AND ADOPTED this day of , 2012, by the following vote: AYES: NOES: ABSENT: ABSTAIN: ATTEST: Agency Secretary 1782820.1 1779516.1 2 Name of Redevelopment Agency: South San Francisco EXHIBIT A Page 1 of 3 Pages Project Area(s) Merged January 20, 2012 11:OOam ENFORCEABLE OBLIGATION PAYMENT SCHEDULE FOR THE PERIOD JANUARY THROUGH JUNE 2012 Per AB 26 - Section 34167 and 34169 Funding Total Remaining Total Due During Payments by month Protect Name / Debt Obli. ation Source Payee Description Debt or Obli.ations Fiscal Year Jan Feb Mar April May June Six Month Total 1) 20% Housing Set Aside Obligation Gross TI Successor Housing Agcy Obligation for housing projects 11 -12 3,869,487.33 3,869,487.33 280,250.00 111,125.00 $ 391,375.00 2) Debt Sery COPs (99 CP Conf Cntr) 80% TI Bank of New York COPs issued to fund Conf Center constr 7,606,375.00 506,625.00 280,250.00 111,125.00 $ 391,375.00 3) Debt Sery Tax Alloc Bonds (2006) 80% TI Bank of New York Bonds issued to fund non - housing projs 119,688,156.42 7,540,878.14 1,557,759.38 3,019,059.38 $ 4,576,818.76 4) Debt Sery HUD 108 Loans 80% TI Bank of New York HUD loans 1,874,210.40 324,906.70 32,580.10 144,580.10 $ 177,160.20 5) Debt Sery Housing Rev Bonds (1999) 20% TI Bank of New York 99 Housing bonds 2,879,780.00 547,110.00 42,465.00 252,465.00 $ 294,930.00 6) Bond Reserves 80% TI Bank of New York Required by bond convenants 5,131,223.12 0.00 $ - 7) Bond Reserves 20% TI Bank of New York Required by bond convenants 318,524.12 0.00 $ - 8) Bond Admin /Disclosure Costs 80% TI Bank of New York/Willdan Costs to administer the bonds 356,400.00 16,150.00 10,950.00 5,200.00 $ 16,150.00 9) Bond Admin/Disclosure Costs 20% TI Bank of New York/Willdan Costs to administer the housing bonds 36,800.00 4,600.00 4,600.00 $ 4,600.00 10) County Property Tax Admin Costs 80% TI San Mateo County Costs to adminster TI calcs, payments 12,612,968.13 300,010.00 300,010.00 $ 300,010.00 11) SKS DDA 80% TI Developer SKS Tax increment project contribution 49,863,230.00 25,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 $ 25,000.00 12) Harbor District Agreement 80% TI Harbor District Tax increment project contribution 4,478,248.00 1,300,000.00 1,300,000.00 $ 1,300,000.00 13) Miller Parking Structure (pf1012) 80% TI Various contractors/staff Finish project and pay retentions 570,568.71 570,568.71 5,000.00 327,850.00 10,000.00 10,000.00 10,000.00 4,999.80 $ 367,849.80 Miller Garage/Breezeway (pf1107) 80% TI Various contractors/staff Complete TI via Improvement Agreement 2,478,662.50 740,875.43 10,000.00 20,000.00 100,000.00 300,000.00 200,000.00 100,000.00 $ 730,000.00 ,.., Oak Ave Improvements (s11008) 80% TI Various contractors/staff Roadway, circulation, infrastructure 12,546,416.00 0.00 $ - 16) Mid Peninsula Loan 80% TI Union Bank (for Mid Pen) Loan for affordable housing project 3,997,891.71 3,997,891.71 1,222,053.82 $ 1,222,053.82 17) Genentech Property Tax Settlement Gross TI San Mateo County Genentech property tax settlement 7,037,826.50 2,479,065.00 1,126,385.67 $ 1,126,385.67 18) Project Costs - Payroll and Benefits 80% TI Employees Payroll, benefits and retirement costs 9,606,720.00 457,463.00 76,243.83 76,243.83 76,243.83 76,243.83 76,243.83 76,243.85 $ 457,463.00 19) Project Costs - Payroll and Benefits 20% TI Employees Payroll, benefits and retirement costs 18,001,191.00 240,016.00 40,002.67 40,002.67 40,002.67 40,002.67 40,002.67 40,002.65 $ 240,016.00 20) Professional Service Contracts 80% TI Various contractors Project admin, studies, implementation 3,740,327.00 307,163.00 51,193.83 51,193.83 51,193.83 51,193.83 51,193.83 51,193.85 $ 307,163.00 21) Professional Service Contracts 20% TI Various contractors Project admin, studies, implementation 5,028,900.00 98,300.00 16,383.33 16,383.33 16,383.33 16,383.33 16,383.33 16,383.35 $ 98,300.00 22) Maintenance of Properties 80% TI Various contractors Rehab, repair, maintenance, & utilities 4,744,092.00 160,468.00 26,744.67 26,744.67 26,744.67 26,744.67 _ 26,744.67 26,744.65 $ 160,468.00 1 23) Maintenance of Properties 20% TI Various contractors Rehab, repair, maintenance, & utilities 1,704,971.00 78,680.00 13,113.33 13,113.33 13,113.33 13,113.33 13,113.33 13,113.35 $ 78,680.00 24) Admin. Costs - Payroll and Benefits 80% TI Employees Payroll, benefits and retirement costs 8,823,404.00 465,822.00 77,637.00 77,637.00 77,637.00 77,637.00 77,637.00 77,637.00 $ 465,822.00 25) Admin. Costs - Payroll and Benefits 20% TI Employees Payroll, benefits and retirement costs , 3,157,017.00 42,094.00 7,015.67 7,015.67 7,015.67 7,015.67 7,015.67 7,015.65 $ 42,094.00 26) Property Disposition Costs 80% TI Various contractors Cost of RDA property disposition 2,901,100.00 103,100.00 516.67 516.67 516.67 516.67 50,516.67 50,516.65 $ 103,100.00 27) Interdepartmental Charges 80% TI City of SSF Insurance, equip maint, vehicle chrgs 3,368,850.00 45,525.00_ 7,587.50 7,587.50 7,587.50 7,587.50 7,587.50 7,587.50 $ 45,525.00 28) Interdepartmental Charges 20% TI City of SSF Insurance, equip maint, vehicle chrgs 1,155,843.00 15,619.00 2,603.17 2,603.17 2,603.17, 2,603.17 2,603.17 2,603.15 $ 15,619.00 29) Projects Required by Bond Docs. Bonds Various contractors/staff Required by bondholders for projects 2,341,166.91 0.00 $ - 30) Projects Required by Bond Docs. Bonds Various contractors/staff Required by bondholders for projects 6,622,080.12 deductions to this $6.6m in bond proceeds are shown on rows 31 throu h 34 $ - 31) Orange Park Environmental (pf1009) Bonds CSS Environmental Servs. Project work - environmental 15,488.00 2,581.33 2,581.33 2,581.33 2,581.33 2,581.33 2,581.35 $ 15,488.00 32) 418 Linden Housing Dev. (pf1027) Bonds Brookwood Group Project work 159,169.63 19,951.77 19,951.77 19,951.77 19,951.77 19,951.77 19,951.78 $ 119,710.63 33) Train Station Imprvmnts (pf1002) Bonds Tech Accutite 296 Airport Blvd site remediation -Ph. 1 233, 342.52 83, 048.82 50,097.90 50,097.90 50,097.90 $ 233,342.52 34) Cal Trans Agreement Costs Bonds Various contractors 296 Airport Blvd site remediation-Ph. 2 800,000.00 $ - Totals - This Page $ 306,542,429.97 $ 25,445,418.17 $1,694,257.51 $2,344,747.05 $1,082,722.67 $2,138,268.34 $ 606,574.77 $ 5,439,929.06 $ 13,306,499.40 Totals - Page 2 $ 10,975,252.41 $ 1,047,473.11 $ 41,192.80 $ 41,192.80 $ 41,192.80 $ 41,192.80 $ 41,192.80 $ 821,192.84 $ 1,027,156.84 otals - Other Obligations - Page 3 $ 294,964,904.67 $ 6,864,214.49 $ - $ - $ - $ - $ - $ 6,864,214.49 $ 6,864,214.49 I Grand total - All Pages $ 612,482,587.05 $ 33,357,105.77 $1,735,450.31 _$ $1,123,915.47 $2,179,461.14 _ $ 647,767.57 $ 13,125,336.39 i $ 21,197,870.73 Name of Redevelopment Agency: South San Francisco EXHIBIT A Page 2 of 3 Pages Project Area(s) Merged January 20, 2012 11:OOam ENFORCEABLE OBLIGATION PAYMENT SCHEDULE FOR THE PERIOD JANUARY THROUGH JUNE 2012 Per AB 26 - Section 34167 and 34169 Funding Total Remaining Total Due During Payments by month Project Name / Debt Obligation Source Payee Description Debt or Obligations Fiscal Year Jan _ Feb Mar April May June Six Month Total 35) Orange Park Expansion Grant Match 80% TI Cal Water /General Contr. Land acquisition and park construction 1,760,000.00 0.00 $ - 36) Reserve for Existing Claims 80% TI Claimants Reserves for costs for existing litigation 8,200,000.00 150,000.00 25,000.00 25,000.00 25,000.00 25,000.00 25,000.00 25,000.00 $ 150,000.00 37) C.I.D. Housing Access 20% TI C.I.D. Housing Access Grant to non -profit 13,500.00 13,500.00 2,250.00 2,250.00 _ 2,250.00 2,250.00 2,250.00 2,250.00 $ 13,500.00 38) Neigh. Servs. Ctr.(NPNSC) HH 20% TI Neigh. Servs. Ctr. Grant to non -profit 20,000.00 20,000.00 3,333.33 3,333.33 3,333.33 3,333.33 3,333.33 3,333.35 $ 20,000.00 39) Reblding Together -Pen -Natl R.Day 20% TI Rebuilding Together -Pen. Grant to non -profit 8,000.00 8,000.00 1,333.33 1,333.33 1,333.33 1,333.33 1,333.33 1,333.35 $ 8,000.00 40) Reblding Together- Pen. -Safe Home 20% TI Rebuilding Together -Pen. Grant to non -profit 15,000.00 15,000.00 2,500.00 2,500.00 2,500.00 2,500.00 2,500.00 2,500.00 $ 15,000.00 41) HIP Housing -Home Sharing Prog 20% TI HIP Housing Grant to non-profit 10,000.00 10,000.00 1,113.01 1,113.01 1,113.01 1,113.01 1,113.01 1,113.03 $ 6,678.08 42) Shelter Network- Crossroads 20% TI Shelter Network Grant to non -profit 18,000.00 18,000.00 2,250.00 2,250.00 2,250.00 2,250.00 2,250.00 2,250.00 $ 13,500.00 43) Shelter Network -Maple Street 20% TI Shelter Network Grant to non -profit from 10 -11 3,500.00 3,500.00 $ - 44) Shelter Network -Maple Street 20% TI Shelter Network Grant to non-profit from 11 -12 7,500.00 7,500.00 937.50 937.50 937.50 937.50 937.50 937.50 $ 5,625.00 45) Samaritan House -Safe Harbor 20% TI Samaritan House Grant to non -profit 1,952.41 1,952.41 325.40 325.40 325.40 325.40 325.40 325.41 $ 1,952.41 46) Samaritan House -Safe Harbor 20% TI Samaritan House Grant to non -profit 7,500.00 7,500.00 862.73 862.73 862.73 862.73 862.73 862.70 $ 5,176.35 47) Sitike Counseling Center 20% TI Sitike Counseling Center Grant to non -profit 10,300.00 10,300.00 1,287.50 1,287.50 1,287.50 1,287.50 1,287.50 1,287.50 $ 7,725.00 Buon Gusto Ristorante Loan 80% TI Ristorante Buon Gusto Inc. Loan for commercial expansion project 750,000.00 _ 750,000.00 750,000.00 $ 750,000.00 Station Area /Planning LU Program 80% TI Various consultants/staff Match funding for State grant 150,000.00 32,220.70 - 30,000.00 $ 30,000.00 $ - $ - $ - $ $ - $ - $ - $ - $ - - $ $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Totals- This Page $ 10,975,252.41 $ 1,047,473.11 $ 41,192.80 $ 41,192.80 $ 41,192.80 $ 41,192.80 _ $ 41,192.80 $ 821,192.84 $ 1,027,156.84 Name of Redevelopment Agency: South San Francisco EXHIBIT A Page 3 of 3 Pages Project Area(s) Merged January 20, 2012 11:OOam OTHER OBLIGATION PAYMENT SCHEDULE FOR THE PERIOD JANUARY THROUGH JUNE 2012 Per AB 26 - Section 34167 and 34169 Funding Total Remaining Total Due During Payments by month Project Name / Debt Obligation Source , Payee Description Debt or Obligations Fiscal Year Jan - Feb Mar April May June Six Month Total 1) Basic Aid Section 33676 Pymt 80% TI SMC Comm College Dist Pass through payment 15,059,155.00 141,789.00 141,789.00 $ 141,789.00 2) Contractual Section 33401 Pymt 80% TI San Mateo County Pass through payment 179,487,471.07_ 5,415,882.11 5,415,882.11 $ 5,415,882.11 3) Contractual Section 33401 Pymt 80% 11 SSF Unified SD Pass throuugh payment 15,351,387.87 483,025.65 483,025.65 $ 483,025.65 4) Contractual Section 33401 Pymt 80% TI SMC Comm College Dist Pass through payment 7,915,327.82 197,783.88 197,783.88 $ 197,783.88 5) Contractual Section 33401 Pymt 80% TI SMC Board/Office of Ed Pass through payment 1,074,315.47 36,512.26 36,512.26 $ 36,512.26 6) Statutory Section 33607 Pymt 80% TI San Mateo County Pass through payment 18,755,822.10 123,880.61 123,880.61 $ 123,880.61 7) Statutory Section 33607 Pymt 80% TI City of SSF Pass through payment 15,445,507.99 171,330.50 171,330.50 $ 171,330.50 8) Statutory Section 33607 Pymt 80% TI SSF Unified SD Pass through payment 31,950,625.28 211,031.16 211,031.16 $ 211,031.16 9) Statutory Section 33607 Pymt 80% TI SMC Comm College Dist Pass through payment 2,817,560.44 18,609.75 _ 18,609.75 $ 18,609.75 10) Statutory Section 33607 Pymt 80% TI BA Air Quality Mgmt Pass through payment 379,861.18 2,299.18 _ 2,299.18 $ 2,299.18 11) Statutory Section 33607 Pymt 80% Ti SMC Harbor District Pass through payment 640,804.47 3,878.58 3,878.58 $ 3,878.58 12) Statutory Section 33607 Pymt 80% TI All Zones CC Flood Contr Pass through payment 1,316,942.63 14,646.68 14,646.68 $ 14,646.68 13) Statutory Section 33607 Pymt 80% Ti Willow Gardens Pass through payment 591,247.38 5,173.35 5,173.35 $ 5,173.35 Statutory Section 33607 Pymt 80% TI SMC Board/Office of Ed Pass through payment 4,173,360.97 38,371.78 38,371.78 $ 38,371.78 4 Statutory Section 33607 Pymt 80% TI SMC Resource Consery Pass through payment 5,515.00 0.00 0.00 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - (Totals - Other Obligations 1 $ 294,964,904.87 1$ 6,864,214.49 1 $ - I $ - I $ - 1 $ - I $ - I $6,864,214.49 1 $ 6,864,214.49