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HomeMy WebLinkAbout2021-12-08 e-packet@6:01Wednesday, December 8, 2021 6:01 PM City of South San Francisco P.O. Box 711 (City Hall, 400 Grand Avenue) South San Francisco, CA Municipal Services Building, Council Chambers 33 Arroyo Drive, South San Francisco, CA Special Successor Agency to the Redevelopment Agency Special Meeting Agenda HYBRID IN-PERSON/VIRTUAL MEETING December 8, 2021Special Successor Agency to the Redevelopment Agency Special Meeting Agenda HYBRID IN-PERSON/VIRTUAL MEETING NOTICE The purpose of conducting the meeting as described in this notice is to provide the safest environment for staff and the public while allowing for public participation. Boardmembers Coleman, Flores and Nicolas, Vice Chair Nagales and Chair Addiego and essential City staff may participate via Teleconference. Pursuant to Ralph M. Brown Act, Government Code Section 54953, all votes shall be by roll call due to council members participating by teleconference. This meeting will be conducted pursuant to the provisions of the Governor ’s Executive Orders N-29-20, N-63-20 and N-08-21 allowing for deviation of Teleconference Rules required by the Brown Act & pursuant to the order of San Mateo County Department of Public Health regarding gatherings during the coronavirus (COVID-19) outbreak, and recommendations to follow social distancing procedures, the City of South San Francisco will hold the meeting through a hybrid of in-person attendance with the Successor Agency, designated staff, and limited members of the public at the City Council Chambers and through the virtual platform, Zoom. In-person attendance by members of the public will be subject to maximum capacity and current health and safety protocols. American Disability Act: The Board Clerk will provide materials in appropriate alternative formats to comply with the Americans with Disabilities Act. Please send a written request to Board Clerk Rosa Govea Acosta at 400 Grand Avenue, South San Francisco, CA 94080, or email at [email protected]. Include your name, address, phone number, a brief description of the requested materials, and preferred alternative format service at least 24-hours before the meeting. Accommodations: Individuals who require special assistance of a disability -related modification or accommodation to participate in the meeting, including Interpretation Services, should contact the Office of the City Clerk by email at [email protected], 24-hours before the meeting. Notification in advance of the meeting will enable the City of South San Francisco to make reasonable arrangements to ensure accessibility to the meeting. Page 2 City of South San Francisco Printed on 3/15/2022 December 8, 2021Special Successor Agency to the Redevelopment Agency Special Meeting Agenda ZOOM LINK BELOW -NO REGISTRATION REQUIRED Join Zoom meeting https://ssf-net.zoom.us/j/88295086977 (Enter your email and name) Join by One Tap Mobile : US: +16699006833,,88295086977# or +13462487799,,88295086977# Join by Telephone: Dial (for higher quality, dial a number based on your current location): US: +1 346 248 7799 or +1 669 900 6833 or 833 548 0276 (Toll Free) Webinar ID: 882 9508 6977 How to observe the Meeting (no public comment): 1) Local cable channel: Astound, Channel 26 or Comcast, Channel 27 2) https://www.ssf.net/government/city-council/video-streaming-city-and-council-meetings/city-council How to submit written Public Comment before the City Council Meeting: Members of the public are encouraged to submit public comments in writing in advance of the meeting via the eComment tab by 4:01 p.m. on the meeting date. Use the eComment portal by clicking on the following link : https://ci-ssf-ca.granicusideas.com/meetings or by visiting the City Council meeting's agenda page. eComments are also directly sent to the iLegislate application used by Successor Agency and staff. How to provide Public Comment during the City Council Meeting: 1) By Phone: (669) 900-6833. Webinar ID is 880 3373 1609. Click *9 to raise a hand to speak. Click *6 to unmute when called. By One tap mobile: US: +16699006833,,88033731609# or +13462487799,,88033731609# 2) Online at: https://ssf-net.zoom.us/j/88033731609 a. Enter an email address and name. The name will be visible online and will be used to notify you that it is your turn to speak. b. When the Clerk calls for the item on which you wish to speak, click on "raise hand." Speakers will be notified shortly before they are called to speak. c. When called, please limit your remarks to the time limit allotted. IN-PERSON: Please complete a Digital Speaker Card located at the entrance to the Council Chamber ’s. Be sure to indicate the Agenda Item # you wish to address or the topic of your public comment. When your name is called, please come to the podium, state your name and address (optional) for the Minutes. COMMENTS ARE LIMITED TO THREE (3) MINUTES PER SPEAKER. Thank you for your cooperation. Page 3 City of South San Francisco Printed on 3/15/2022 December 8, 2021Special Successor Agency to the Redevelopment Agency Special Meeting Agenda Call to Order. Roll Call. Agenda Review. Public Comments - comments are limited to items on the Special Meeting Agenda. Speakers are allowed to speak on items on the agenda for up to three minutes. If there appears to be a large number of speakers, speaking time may be reduced subject to the Chair's discretion to limit the total amount of time for public comments (Gov. Code sec. 54954.3.(b)(1).). Comments that are not in compliance with the City Council's rules of decorum may be summarized for the record if they are in writing or muted if they are made live. ADMINISTRATIVE BUSINESS Report regarding a resolution of the Successor Agency to the Former Redevelopment Agency of the City of South San Francisco, reviewing and approving a Recognized Obligation Payment Schedule and Administrative Budget for Fiscal Year 2022-23. (Janet Salisbury - Finance Director, Eunejune Kim - Public Works Director, and Suzy Kim - RSG) 1. Resolution of the Successor Agency to the Former Redevelopment Agency of the City of South San Francisco reviewing and approving the Recognized Obligation Payment Schedule and Administrative Budget for the period July 1, 2022 through June 30, 2023, pursuant to the Health and Safety Code Sections 34177(J) and 34177(L) 1a. Adjournment. Page 4 City of South San Francisco Printed on 3/15/2022 City of South San Francisco Legislation Text P.O. Box 711 (City Hall, 400 Grand Avenue) South San Francisco, CA File #:21-903 Agenda Date:12/8/2021 Version:1 Item #:1. Report regarding a resolution of the Successor Agency to the Former Redevelopment Agency of the City of South San Francisco,reviewing and approving a Recognized Obligation Payment Schedule and Administrative Budget for Fiscal Year 2022-23.(Janet Salisbury -Finance Director,Eunejune Kim -Public Works Director, and Suzy Kim - RSG) RECOMMENDATION It is recommended that the Successor Agency to the Former Redevelopment Agency of the City of South San Francisco (“Successor Agency”)adopt a resolution approving the Recognized Obligation Payment Schedule and Administrative Budget for Fiscal Year 2022-23 as required by State law. BACKGROUND The State Legislature dissolved all California redevelopment agencies in 2012.The Successor Agency is responsible for winding down the affairs of the Former Redevelopment Agency of the City of South San Francisco (“RDA”).This includes completing projects that were under contract with the RDA prior to dissolution. State law requires successor agencies to request funding for obligations on an annual basis.The Recognized Obligation Payment Schedule 22-23 (“ROPS 22-23”)requests funding for Fiscal Year 2022-23.The Successor Agency must also adopt an Administrative Budget for the same time period.Enforceable obligations are funded by property tax revenues from former redevelopment project areas and other sources,such as repayments of loans issued by the RDA.Funds that are not committed on the ROPS are distributed to taxing agencies that serve the former redevelopment project areas such as the City,County,schools,and special districts. The ROPS must be approved by the San Mateo Countywide Oversight Board (“Oversight Board”)and California Department of Finance (“DOF”).The Oversight Board will consider the ROPS 22-23 at its meeting on January 10,2022.An Oversight Board-approved ROPS must be submitted to DOF by February 1,2022, who will make a determination by April 15,2022.If the ROPS is not submitted to DOF on time,the City and Successor Agency could be subject to a civil penalty of $10,000 per day. DISCUSSION The ROPS 22-23 requests $1,969,472 to fund ROPS 22-23 obligations,of which $1,719,472 is requested to fund the former RDA’s share of Oyster Point development costs and $250,000 is requested for Successor Agency administrative expenses. The Successor Agency’s investment in the Oyster Point project will result in a significant increase in annual property tax revenues by adding over $2 billion in estimated new development value.Assuming 2%growth in annual assessed values,taxing agencies will benefit from nearly $850 million in estimated property tax revenues between 2024 and 2050. ·Items 12 and 14 -Oyster Point Project DDA -The Successor Agency administers a Disposition andCity of South San Francisco Printed on 3/15/2022Page 1 of 6 powered by Legistar™ File #:21-903 Agenda Date:12/8/2021 Version:1 Item #:1. ·Items 12 and 14 -Oyster Point Project DDA -The Successor Agency administers a Disposition and Development Agreement (“DDA”)dated March 23,2011 between the RDA,City,and Oyster Point Ventures,LLC,which was ultimately assigned and assumed by the current developer KR Oyster Point / KR-TRS (“Kilroy”or “developer”).The RDA negotiated the DDA to redevelop a former landfill into a life science workplace known as Oyster Point.The Successor Agency is responsible for certain costs related to environmental remediation and construction which are enforceable obligations as outlined below. ROPS Item 12 requests $1,524,642 for Oyster Point project costs from Redevelopment Property Tax Trust Funds (“RPTTF”). These requested project costs are enforceable obligations under the DDA as they relate to the Successor Agency’s obligation under Section 3.4.1 and Exhibit 3.4.1 of the DDA to fund Phase IC Improvement Costs under Section 3.2.1 of the DDA,the specific improvements of which are listed under Table 1.These requested project costs arise from the increased costs associated with unavoidable construction delays and modifications caused and imposed by Pacific Gas and Electric (“PGE”)and Americans with Disabilities Act (“ADA”)and Building Code requirements.These have led to unavoidable cost escalations for items that are enforceable obligations under the DDA and were outside of the Successor Agency’s control.The delays and resulting complications have increased project costs by $2,303,496 since the Amended ROPS 21-22 was prepared,of which the Successor Agency’s share is $1,524,642. The increased costs were caused by the following: (1)PGE Construction Delays:PGE Inspectors approve new replacement facilities and notify PGE Construction.PGE Construction has severe manpower resource limitations and can only work on projects that total less than 200-hours;PGE Construction estimated Oyster Point Phase IC requires 800-hours to effect energization.This required the PGE Contracting Department to obtain bids from contractors. During their bidding process,all utility services in the old Oyster Point Boulevard must remain active to serve other parcels located north of this project.This requires all existing PGE and ATT facilities to remain intact until new replacement facilities are switched over, tied in, and energized. PGE Construction currently estimates that its contractor might start in February 2022.PGE’s contracting process has resulted in a minimum 6-month delay (as of November 2021)since the PGE Inspector forwarded its approval of the new replacement facilities to PGE Construction in mid-August 2021. The PGE process delayed completion of the last remaining excavation of old Oyster Point Boulevard and relocation of soils to an Open Recreation Site.This remaining material must be placed and capped with a clay and erosion layer before the parking lot,top soil,irrigation system,and turf is installed at the Open Recreation Site.The cost of this process is shared between developer and Successor Agency and the Agency’s share constitutes an enforceable obligation as set forth in DDA Section 3.4.1 and Exhibits 3.2.1A (Streets and Utilities to the Hub) and 3.2.1B (Street and Utilities to the Point.). (2)ADA and Building Code Requirements:A City Building Department field site inspection of the constructed improvements uncovered conditions along the public pathways that were not compliant and require corrective measures.Design review of Construction Documents for Building Permit and pricing for the original GMP construction contract did not identify these deficiencies. a.ADA Edge Protection for Wheelchairs:ADA regulations require 6 inch high edge to prevent City of South San Francisco Printed on 3/15/2022Page 2 of 6 powered by Legistar™ File #:21-903 Agenda Date:12/8/2021 Version:1 Item #:1. a.ADA Edge Protection for Wheelchairs:ADA regulations require 6 inch high edge to prevent wheelchair,traveling on a sidewalk,from falling into a depression.Edge protection is required when a travel surface drops more than 4 inches. Oyster Point Boulevard at the Hub and Marina Boulevard to the Point have bioretention basins, which are required to treat stormwater runoff,without side slopes that show a drop up to 15 inches. This condition typically occurs on roadways where bioretention treatment is needed in narrow areas between a sidewalk and roadway.Edge protections will need to be put in place to meet ADA requirements. b.Guardrail Fall Protections:Portions of Marina Boulevard along the Marina Parking lot will require the installation of guardrail protections due to grade changes based on local Building Code requirements. The above items led to a minimum 6-month construction delay and related complications.The Successor Agency share of increased costs is $1,524,642 for enforceable obligations relating to the items set forth in DDA Section 3.4.1 and Exhibit 3.2.1(A) through (H). These increased costs include: (1)Project Management,Environmental,Architect and Civil Engineer Construction Administration,and Special Inspection -Additional project management and construction administration services are needed due to the longer construction period. (2)General Contractor -Increased General Requirements and General Conditions costs are required due to the longer construction period. (3)Stormwater Pollution Prevention Program -The revised project schedule requires another full winter season to implement best practices,dewatering,collection,and treatment of rainwater runoff to complete remaining work at the Phase IC site. (4)Open Recreation Site Grading and Clay Cap -Site grading completion commensurately delayed by PGE Construction prevents excavation and relocation of refuse from old Oyster Point Boulevard across the Phase IID parcel.Existing PGE and ATT facilities remain active in old Oyster Point Boulevard until utility services are switched over to the new replacement facilities.Cost of excavation,transportation,and placement of refuse material,capping,and erosion layer is entirely borne by the developer.The cost to import clay material that meets environmental specification to cap the open recreation site fill is responsibility of Agency since no onsite clay material meets specifications. Table 1 summarizes the additional costs stemming from construction delays as eligible under the DDA.Exhibit A attached to this staff report provides a more detailed cost breakdown and illustrates how the 6-month construction delay escalated costs since the Amended ROPS 21-22. City of South San Francisco Printed on 3/15/2022Page 3 of 6 powered by Legistar™ File #:21-903 Agenda Date:12/8/2021 Version:1 Item #:1. ROPS Item 14 requests $194,830 for estimated project-related staff,consultant,and legal costs to implement these items.This includes reimbursing the City for time the Public Works Director,City Manager,and Director of Economic &Community Development spend administering the project as detailed in Exhibit B.The costs are estimated based on average hours per month. Taxing Agency Benefit from Oyster Point The Successor Agency’s investment in the Oyster Point project will result in a significant increase in annual property tax revenues by adding over $2 billion in estimated new development value.Annual property tax revenues will increase from $840,000 in 2011 to approximately $24 million by project build-out in 2024.Some of these revenues will be realized earlier as different phases of the project are completed.Assuming 2%growth in annual assessed values,taxing agencies will benefit from nearly $850 million in estimated property tax revenues between 2024 and 2050. City of South San Francisco Printed on 3/15/2022Page 4 of 6 powered by Legistar™ File #:21-903 Agenda Date:12/8/2021 Version:1 Item #:1. ·Item 48 -Administrative Cost Allowance -The Successor Agency is requesting $250,000 for Fiscal Year 2022-23 administrative expenses,which is within the threshold set forth under Health and Safety Code.Of this amount,$18,380 is requested from RPTTF and $231,620 is requested from Other Funds. Other Funds are from sources other than property tax such as RDA loan repayments and interest.More details are provided in the next section. ·Other Enforceable Obligations -Other potential enforceable obligations listed on the ROPS include development agreements and pension/retiree obligations.There are no anticipated Successor Agency costs for these items in Fiscal Year 2022-23.These obligations remain listed on the ROPS in case there are eligible costs in the future. Administrative Budget Health and Safety Code Section 34177(j)requires the Successor Agency to prepare an administrative budget and submit it to the Oversight Board for approval.An Administrative Budget for Fiscal Year 2022-23 is attached as Exhibit C for the Successor Agency’s consideration.It will also be submitted to the Oversight Board for approval. Staff has prepared an administrative budget of $250,000 for Fiscal Year 2022-23 to cover professional services City of South San Francisco Printed on 3/15/2022Page 5 of 6 powered by Legistar™ File #:21-903 Agenda Date:12/8/2021 Version:1 Item #:1. Staff has prepared an administrative budget of $250,000 for Fiscal Year 2022-23 to cover professional services (including preparation of the ROPS and auditor fees)and staff costs and overhead required to administer obligations and prepare legally mandated reports.The requested administrative cost allowance is within the $250,000 threshold set forth under Health and Safety Code section 34171. CONCLUSION Adoption of the proposed ROPS 22-23 and Administrative Budget is necessary to obtain funding for Fiscal Year 2022-23 obligations and are required by State law. Attachments: 1.Exhibit A - ROPS 22-23 Item 12 Oyster Point Detailed Project Cost Breakdown 2.Exhibit B - ROPS 22-23 Item 14 Oyster Point Soft Cost Estimate 3.Exhibit C - Administrative Budget for FY 22-23 4.Exhibit D - ROPS 22-23 City of South San Francisco Printed on 3/15/2022Page 6 of 6 powered by Legistar™ ROPS 22-23 matrix 21_1118.xlsx Page 1 SUCCESSOR AGENCY TO FORMER RDA OF SOUTH SAN FRANCISCO 11/18/21 ROPS 22-23 Item 12 Orig. Sched of Value Change Event GC Escal [D]GC Gen. Cond Rqmt [E] Stormwater SWPPP [F] PM Soft Costs [G] Sitework [H]Change Total by Project Total Agency's Allocation 100,050$ 174,578$ 217,500$ 382,514$ 650,000$ 1,524,642$ DDA Exhibit Description 3.2.1A Streets and Utilities at Hub # 0.112 11,165$ 19,482$ 24,271$ 42,685$ 20,000$ 117,603$ 3.2.1B Streets and Utilities at Point # 0.303 30,335$ 52,931$ 65,945$ 115,976$ 260,000$ 525,187$ 3.2.1C Clay Cap Repair at City Parcels - Ph IC # 0.017 1,686$ 2,941$ 3,664$ 6,444$ 14,735$ 3.2.1D Reconfig Marina Parking Lot & Open Rec Space # 0.226 22,656$ 39,533$ 49,253$ 86,620$ 198,062$ 3.2.1E Recreation Fields #0.075 7,489$ 13,068$ 16,281$ 28,633$ 150,000$ 215,472$ 3.2.1F Future Hotel Site #0.034 3,354$ 5,852$ 7,291$ 12,823$ 20,000$ 49,321$ 3.2.1G Landscaping at Beach / Park # 0.133 13,304$ 23,215$ 28,922$ 50,865$ 30,000$ 146,306$ 3.2.1H Landscape BCDC Area City Parcels, Palm Promenade # 0.101 10,061$ 17,556$ 21,872$ 38,467$ 170,000$ 257,956$ TOTAL for Agency 1 100,050$ 174,578$ 217,500$ 382,514$ 650,000$ 1,524,642$ Orig. Sched of Value Change Event GC Escal [D]GC Gen. Cond Rqmt [E] Stormwater SWPPP [F] PM Soft Costs [G] Sitework [H]Change Total by Project Total Dev Allocation 72,450$ 126,418$ 157,500$ 342,486$ 80,000$ 778,854$ DDA Exhibit Description 3.2.1A Streets and Utilities at Hub #0.630 72,450$ 126,418$ 157,500$ 342,486$ 80,000$ 778,854$ 3.2.1B Streets and Utilities at Point #- 3.2.1C Clay Cap Repair at City Parcels - Ph IC #- 3.2.1D Reconfig Marina Parking Lot & Open Rec Space # - 3.2.1E Recreation Fields #- 3.2.1F Future Hotel Site #- 3.2.1G Landscaping at Beach / Park #- 3.2.1H Landscape BCDC Area City Parcels, Palm Promenade #0.370 - TOTAL for Developer 1 72,450$ 126,418$ 157,500$ 342,486$ 80,000$ 778,854$ Total by Change Event 172,500$ 300,996$ 375,000$ 725,000$ 730,000$ 2,303,496$ Documentation Packages by Change Event D E F G H Agency 58.0%58.0%58.0%52.8%89.0% Developer 42.0%42.0%42.0%47.2%11.0% [1][1][1][2][1] Matrix showing Change Events impact to each project and cost share by Agency and Developer PHASE IC 2011 BUDGET Agency's Share and Allocation PHASE IC 2011 BUDGET Developer's Share and Allocation ROPS 22-23 matrix 21_1118.xlsx Page 2 Proration footnote: [1] [2]Project Management cost allocation is based on Agency's share construction cost (20% share Strt & Util to Hub and 100% Strt & Util to Point; and Landscape exceeding Developer's $9.53 M obligation), Agency’s additional contract obligation proration (58%; 42% for Developer, rounded and for items outside of Strt & Util to Hub and Point, and Landscape), or based on the original project schedule of value. Ref. DDA Sect 3.2.1(vii) & 3.4.1 Exh. Allocation based on Agency's 20% share of Streets & Utility to Hub and 100% share of Streets & Utility to Point. Ref. DDA Section 3.2.1(i)1 and 3.2.1(i)2. 3634189.1 SOUTH SAN FRANCISCO ROPS 22-23 ITEM 14 OYSTER POINT DDA SOFT PROJECT MANAGEMENT COSTS Item Staff Tasks Average hours per month Hourly Rate Total Annual Costs Successor Agency Engineering Management Staffing Costs Eunejune Kim, Public Works Director Project and contract management specific to Oyster Point DDA project 10 $187.71 $22,525 West Coast Code Consultants Inc. WC-3 Daily project management; cost management; coordination with contractor, developer and other regulatory agencies 15 $175.00 $31,500 Successor Agency Project Management Staffing Costs Mike Futrell, Successor Agency Executive Director Overall project management, coordination with developer, staff and legal counsel 20 $220.58 $52,939 Nell Selander, Acting Director of Economic & Community Development Overall project management, coordination with developer, staff and legal counsel 4 $160.35 $7,697 Billy Gross, Principal Planner Overall project management and monthly outreach meetings 3 $132.22 $4,760 Jennifer Clemente, Financial Services Manager Support cost/contract management, payment of project invoices, transfers between escrow accounts 4 $101.01 $4,848 Legal Expenses Meyers Nave Contract interpretation, implementation and dispute resolution for all contracts related to the enforceable obligations included in the DDA 15 $392.00 $70,560 TOTAL $194,830 Successor Agency to the Former South San Francisco Redevelopment Agency ROPS 22-23 Administrative Cost Allowance Budget Period: 7/1/22 to 6/30/23 Description of Cost/Expense Amount Documentation Staff salaries, benefits, and payroll taxes 170,000$ Overhead costs and supplies 1,000$ Professional Services - SA Consulting, RSG, Inc. (prepare ROPS, PPA, cash flow/budgeting, DOF and County Coordination)25,000$ RSG Contract pending Professional services - Auditors 4,000$ Maze & Associates Contract Professional Services - Legal, Meyers Nave 50,000$ Meyers Nave Contract Total 250,000$ Exhibit C Successor Agency:South San Francisco Successor Agency County:San Mateo County Current Period Requested Funding for Enforceable Obligations (ROPS Detail) 22-23A Total (July - December) 22-23B Total (January - June)ROPS 22-23 Total A Enforceable Obligations Funded as Follows (B+C+D):231,620$ -$ 231,620$ B Bond Proceeds -$ -$ -$ C Reserve Balance -$ -$ -$ D Other Funds 231,620$ -$ 231,620$ E Redevelopment Property Tax Trust Fund (RPTTF) (F+G):1,737,852$ -$ 1,737,852$ F RPTTF 1,719,472$ -$ 1,719,472$ G Administrative RPTTF 18,380$ -$ 18,380$ H Current Period Enforceable Obligations (A+E):1,969,472$ -$ 1,969,472$ Certification of Oversight Board Chairman:Signature Title Pursuant to Section 34177 (o) of the Health and Safety Code, I hereby certify that the above is a true and accurate Recognized Obligation Payment Schedule for the above named successor agency.Signature Title Recognized Obligation Payment Scehdule (ROPS 22-23) - Summary Filed for the July 1, 2022 through June 30, 2023 Period A B C D E F G H I J K L M N O P Q R S T U V W Bond Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF Bond Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF 25,338,055$ 1,969,472$ -$ -$ 231,620$ 1,719,472$ 18,380$ 1,969,472$ -$ -$ -$ -$ -$ -$ 12 Oyster Point Ventures DDA OPA/DDA/Construction 3/23/11 11/11/26 Oyster Pt Ventures, LLC DDA Sections 3.2.1 Phase IC Improvements and 3.4.1 Improvement Costs Merged 1,282,585 N 1,524,642$ 1,524,642$ 1,524,642$ -$ 13 Oyster Point Ventures DDA OPA/DDA/Construction 3/23/11 11/11/26 Various contractors/staff DDA Section 5.2 Environmental Indemnification Merged 18,513,268 N -$ -$ -$ -$ 14 Oyster Point Ventures DDA Project Management Costs 3/23/11 11/11/26 Legal/Staff costs Soft project management costs Merged 629,295 N 194,830$ 194,830$ 194,830$ -$ 16 Harbor District Agreement Improvement/Infrastructure 3/25/11 11/11/26 Harbor District Secs. 5.0 lease rev; 7.0 temp. office Merged 1,793,248 N -$ -$ -$ 17 Harbor District Agreement Project Management Costs 3/25/11 11/11/26 Legal/Staff costs Soft project management costs Merged 798,341 N -$ -$ -$ 21 Train Station Imprvmnts Ph 1(pf1002)Remediation 3/11/09 12/31/14 TechAccutite/Wisley Ham Contracted work-site remediation Merged 87,494 N -$ -$ -$ 22 Train Station Imprvmnts Phase 1 Project Management Costs 3/11/09 12/31/14 Staff Costs Soft project management costs Merged 9,309 N -$ -$ -$ 23 Train Station Imprvmnts Phase 2 Remediation 12/9/09 12/31/14 Various contractors Site remediation per Cal Trans Agrmt.Merged 620,000 N -$ -$ -$ 24 Train Station Imprvmnts Phase 2 Project Management Costs 12/9/09 12/31/14 Legal/Staff costs Soft project management costs Merged 148,115 N -$ -$ -$ 48 Administration Costs Admin Costs 2/1/12 11/11/26 Legal/Staff costs Costs to administer Successor Agency Merged 1,090,000 N 250,000$ 231,620$ 18,380$ 250,000$ -$ 51 Accrued PERS Pension Obligations Unfunded Liabilities 1/1/80 6/30/16 CalPERS Costs incurred through 02/01/2012 Merged 168,800 N -$ -$ -$ 52 Accrued Retiree Health Obligations Unfunded Liabilities 1/1/80 6/30/16 CalPERS Retiree Benefit Trust (CERBT) Costs incurred through 02/01/2012 Merged 197,600 N -$ -$ -$ 22-23A Total 22-23B (January - June) Fund Sources South San Francisco Recognized Obligation Payment Schedule (ROPS 22-23) - ROPS Detail July 1,2022 through June 30, 2023 (Report Amounts in Whole Dollars) South San Francisco Successor Agency Recognized Obligation Payment Schedule (ROPS 22-23) - ROPS Detail July 1,2022 through June 30, 2023 (Report Amounts in Whole Dollars) Item #Project Name/Debt Obligation Obligation Type Contract/Agreement Execution Date Contract/Agreement Termination Date Payee Description/Project Scope Project Area Total Outstanding Debt or Obligation 22-23B TotalRetired ROPS 22-23 Total 22-23A (July - December) Fund Sources A B C D E F G H Reserve Balance Other Funds RPTTF Bonds issued on or before 12/31/10 Bonds issued on or after 01/01/11 Prior ROPS RPTTF and Reserve Balances retained for future period(s) Rent, Grants, Interest, etc. Non-Admin and Admin 1 Beginning Available Cash Balance (Actual 07/01/19) RPTTF amount should exclude "A" period distribution amount - - 39,080,416 7,613,661 626,343 E: Funds reserved in Oyster Point Escrow Account ($37,819,402) + Reserve Balances applied to ROPS 19-20 Item 48 ($136,234) and ROPS 20-21 Item 13 ($532,911) + PPA reserved for ROPS 20-21 ($591,869). F: Other Funds reserved for ROPS 19- 20 ($389,263), 20-21 ($3,311,924), and 21-22 ($3,912,474). G: PPA applied to ROPS 19-20 ($626,343) 2 Revenue/Income (Actual 06/30/20) RPTTF amount should tie to the ROPS 19-20 total distribution from the County Auditor-Controller 5,805,980 1,571,214 - E: Deposits and interest earned Oyster Point Escrow Account (5,805,980). F: Other Funds revenues from Rents and Interest ($330,321), Commercial Rehab Loan ($30,893), and City repayment for Oyster Point "Advance to Other Funds" ($1,210,000) 3 Expenditures for ROPS 19-20 Enforceable Obligations (Actual 06/30/20) 4,636,234 1,728,857 626,343 E: Oyster Point Escrow Account drawdowns to make payments pursuant to DDA ($4,500,000) + Item 48 Reserve Balance expense ($136,234). F and G: Matches PPA 19-20. 4 Retention of Available Cash Balance (Actual 06/30/20) RPTTF amount retained should only include the amounts distributed as reserve for future period(s) 40,250,162 7,224,398 E: Funds reserved for Oyster Point Escrow Account ($39,125,382) + ROPS 20-21 Item 13 ($532,911) + PPA reserved for ROPS 20-21 ($591,869). F: Other Funds reserved for ROPS 20-21 ($3,311,924) + ROPS 21-22 ($3,912,474). 5 ROPS 19-20 RPTTF Prior Period Adjustment RPTTF amount should tie to the Agency's ROPS 19-20PPA form submitted to the CAC - 6 Ending Actual Available Cash Balance (06/30/20) C to F = (1 + 2 - 3 - 4), G = (1 + 2 - 3 - 4 - 5) -$ -$ -$ 231,620$ -$ F: Applied to ROPS 22-23 Item 12 No entry required South San Francisco Successor Agency Recognized Obligation Payment Schedule (ROPS 22-23) - Report of Cash Balances July 1, 2019 through June 30, 2020 (Report Amounts in Whole Dollars) Pursuant to Health and Safety Code section 34177 (l), Redevelopment Property Tax Trust Fund (RPTTF) may be listed as a source of payment on the ROPS, but only to the extent no other funding source is available or when payment from property tax revenues is required by an enforceable obligation. For tips on how to complete the Report of Cash Balances Form, see Cash Balance Tips Sheet. ROPS 19-20 Cash Balances (07/01/19 - 06/30/20) Fund Sources Comments Bond Proceeds Item #Notes/Comments South San Francisco Recognized Obligation Payment Schedule (ROPS 22-23) - Notes July 1, 2022 through June 30, 2023 City of South San Francisco Legislation Text P.O. Box 711 (City Hall, 400 Grand Avenue) South San Francisco, CA File #:21-904 Agenda Date:12/8/2021 Version:1 Item #:1a. Resolution of the Successor Agency to the Former Redevelopment Agency of the City of South San Francisco reviewing and approving the Recognized Obligation Payment Schedule and Administrative Budget for the period July 1, 2022 through June 30, 2023, pursuant to the Health and Safety Code Sections 34177(J) and 34177(L) WHEREAS,pursuant to Part 1.85 of Division 24 of the California Health and Safety Code (“HSC”)Section 34170 et seq.(“Dissolution Act”),the Former Redevelopment Agency of the City of South San Francisco (“RDA”) was dissolved as of February 1, 2012; and WHEREAS,the Successor Agency to the Former Redevelopment Agency of the City of South San Francisco (“Successor Agency”)succeeded to all assets,properties,contracts,leases,books and records,buildings,and equipment of the former RDA and,except as repealed,restricted,or revised by the Dissolution Act,was vested with all authority,rights,powers,duties and obligations under the California Community Redevelopment Law (HSC Section 33000 et seq.) previously vested with the former RDA; and WHEREAS,HSC Section 34177(l)requires the Successor Agency to prepare a Recognized Obligation Payment Schedule (“ROPS”)for each 12-month fiscal period,which lists the outstanding obligations of the former RDA and states the sources of funds for required payments; and WHEREAS,HSC Section 34177(j)requires the Successor Agency to prepare a proposed administrative budget and submit it to the San Mateo Countywide Oversight Board (“Oversight Board”) for approval; and WHEREAS,Successor Agency staff has prepared a ROPS for the July 1,2022 through June 30,2023 fiscal period (“ROPS 22-23”),which,pursuant to HSC Section 34177(l),must be approved by the San Mateo Countywide Oversight Board (“Oversight Board”)and submitted to the State Department of Finance (“DOF”) no later than February 1, 2022; and WHEREAS,the Successor Agency to the Former Redevelopment Agency of the City of South San Francisco has prepared an administrative budget for the period July 1,2022 to June 30,2023 (“Administrative Budget”) as set forth in the attached Exhibit B; and WHEREAS,the Oversight Board will review ROPS 22-23 and the Administrative Budget on January 10, 2022; and WHEREAS,the Successor Agency desires to approve the ROPS 22-23 and the Administrative Budget and transmit it to various parties as required by the Dissolution Act; and NOW,THEREFORE,the Successor Agency to the Redevelopment Agency of the City of South San City of South San Francisco Printed on 3/15/2022Page 1 of 2 powered by Legistar™ File #:21-904 Agenda Date:12/8/2021 Version:1 Item #:1a. Francisco, does hereby resolve as follows: 1.The Recitals set forth above are true and correct, and are incorporated herein by reference; 2.The draft ROPS 22-23 attached hereto as Exhibit A was prepared by the Successor Agency,reviewed and approved by the Successor Agency Board, and will be submitted to the Oversight Board; 3.In accordance with HSC Section 34177(j),the Successor Agency hereby approves the Administrative Budget for the period July 1,2022 through June 30,2023,attached hereto as Exhibit B,contingent upon approval by the Oversight Board at its meeting on January 11, 2022; 4.The City Finance Director or designee is authorized to modify the draft ROPS 22-23 and the Administrative Budget to correct errors,to update the ROPS 22-23 if necessary as a result of subsequent review by the Oversight Board,and provide clarifications consistent with requirements of the State Department of Finance and the intent of this Resolution; 5.The Executive Director of the Successor Agency or designee is authorized and directed to take all actions necessary to implement this Resolution,including without limitation,the submittal of the draft ROPS 22-23 to the Oversight Board,the County Auditor-Controller,the County Administrative Officer, the State Department of Finance,and the State Controller,and the posting of this Resolution and the draft ROPS 22-23 on the Successor Agency’s website; 6.The Finance Director or designee is authorized to incorporate the items on the ROPS into the 2022-23 operating budget once the ROPS is approved; 7.The Executive Director and the Finance Director,and their designees,are authorized and directed to take such actions as necessary and appropriate to carry out and implement the intent of this Resolution, including without limitation,the establishment of separate accounts and funds as necessary to appropriately document the receipts and expenditures of the Successor Agency. 8.The Executive Director of the Successor Agency and/or his designee are authorized to execute contracts and agreements for the items listed on the July 1,2022 through June 30,2023 ROPS,as approved by the Oversight Board,up to the amounts specified on the approved ROPS for such items,unless specifically directed otherwise by the Oversight Board. Attachments: Exhibit A - South San Francisco’s Successor Agency’s Draft ROPS 22-23 Exhibit B - South San Francisco’s Sucessor Agency’s Fiscal Year 22-23 Administrative Budget ***** City of South San Francisco Printed on 3/15/2022Page 2 of 2 powered by Legistar™ Successor Agency:South San Francisco Successor Agency County:San Mateo County Current Period Requested Funding for Enforceable Obligations (ROPS Detail) 22-23A Total (July - December) 22-23B Total (January - June)ROPS 22-23 Total A Enforceable Obligations Funded as Follows (B+C+D):231,620$ -$ 231,620$ B Bond Proceeds -$ -$ -$ C Reserve Balance -$ -$ -$ D Other Funds 231,620$ -$ 231,620$ E Redevelopment Property Tax Trust Fund (RPTTF) (F+G):1,737,852$ -$ 1,737,852$ F RPTTF 1,719,472$ -$ 1,719,472$ G Administrative RPTTF 18,380$ -$ 18,380$ H Current Period Enforceable Obligations (A+E):1,969,472$ -$ 1,969,472$ Certification of Oversight Board Chairman:Signature Title Pursuant to Section 34177 (o) of the Health and Safety Code, I hereby certify that the above is a true and accurate Recognized Obligation Payment Schedule for the above named successor agency.Signature Title Recognized Obligation Payment Scehdule (ROPS 22-23) - Summary Filed for the July 1, 2022 through June 30, 2023 Period A B C D E F G H I J K L M N O P Q R S T U V W Bond Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF Bond Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF 25,338,055$ 1,969,472$ -$ -$ 231,620$ 1,719,472$ 18,380$ 1,969,472$ -$ -$ -$ -$ -$ -$ 12 Oyster Point Ventures DDA OPA/DDA/Construction 3/23/11 11/11/26 Oyster Pt Ventures, LLC DDA Sections 3.2.1 Phase IC Improvements and 3.4.1 Improvement Costs Merged 1,282,585 N 1,524,642$ 1,524,642$ 1,524,642$ -$ 13 Oyster Point Ventures DDA OPA/DDA/Construction 3/23/11 11/11/26 Various contractors/staff DDA Section 5.2 Environmental Indemnification Merged 18,513,268 N -$ -$ -$ -$ 14 Oyster Point Ventures DDA Project Management Costs 3/23/11 11/11/26 Legal/Staff costs Soft project management costs Merged 629,295 N 194,830$ 194,830$ 194,830$ -$ 16 Harbor District Agreement Improvement/Infrastructure 3/25/11 11/11/26 Harbor District Secs. 5.0 lease rev; 7.0 temp. office Merged 1,793,248 N -$ -$ -$ 17 Harbor District Agreement Project Management Costs 3/25/11 11/11/26 Legal/Staff costs Soft project management costs Merged 798,341 N -$ -$ -$ 21 Train Station Imprvmnts Ph 1(pf1002)Remediation 3/11/09 12/31/14 TechAccutite/Wisley Ham Contracted work-site remediation Merged 87,494 N -$ -$ -$ 22 Train Station Imprvmnts Phase 1 Project Management Costs 3/11/09 12/31/14 Staff Costs Soft project management costs Merged 9,309 N -$ -$ -$ 23 Train Station Imprvmnts Phase 2 Remediation 12/9/09 12/31/14 Various contractors Site remediation per Cal Trans Agrmt.Merged 620,000 N -$ -$ -$ 24 Train Station Imprvmnts Phase 2 Project Management Costs 12/9/09 12/31/14 Legal/Staff costs Soft project management costs Merged 148,115 N -$ -$ -$ 48 Administration Costs Admin Costs 2/1/12 11/11/26 Legal/Staff costs Costs to administer Successor Agency Merged 1,090,000 N 250,000$ 231,620$ 18,380$ 250,000$ -$ 51 Accrued PERS Pension Obligations Unfunded Liabilities 1/1/80 6/30/16 CalPERS Costs incurred through 02/01/2012 Merged 168,800 N -$ -$ -$ 52 Accrued Retiree Health Obligations Unfunded Liabilities 1/1/80 6/30/16 CalPERS Retiree Benefit Trust (CERBT) Costs incurred through 02/01/2012 Merged 197,600 N -$ -$ -$ 22-23A Total 22-23B (January - June) Fund Sources South San Francisco Recognized Obligation Payment Schedule (ROPS 22-23) - ROPS Detail July 1,2022 through June 30, 2023 (Report Amounts in Whole Dollars) South San Francisco Successor Agency Recognized Obligation Payment Schedule (ROPS 22-23) - ROPS Detail July 1,2022 through June 30, 2023 (Report Amounts in Whole Dollars) Item #Project Name/Debt Obligation Obligation Type Contract/Agreement Execution Date Contract/Agreement Termination Date Payee Description/Project Scope Project Area Total Outstanding Debt or Obligation 22-23B TotalRetired ROPS 22-23 Total 22-23A (July - December) Fund Sources A B C D E F G H Reserve Balance Other Funds RPTTF Bonds issued on or before 12/31/10 Bonds issued on or after 01/01/11 Prior ROPS RPTTF and Reserve Balances retained for future period(s) Rent, Grants, Interest, etc. Non-Admin and Admin 1 Beginning Available Cash Balance (Actual 07/01/19) RPTTF amount should exclude "A" period distribution amount - - 39,080,416 7,613,661 626,343 E: Funds reserved in Oyster Point Escrow Account ($37,819,402) + Reserve Balances applied to ROPS 19-20 Item 48 ($136,234) and ROPS 20-21 Item 13 ($532,911) + PPA reserved for ROPS 20-21 ($591,869). F: Other Funds reserved for ROPS 19- 20 ($389,263), 20-21 ($3,311,924), and 21-22 ($3,912,474). G: PPA applied to ROPS 19-20 ($626,343) 2 Revenue/Income (Actual 06/30/20) RPTTF amount should tie to the ROPS 19-20 total distribution from the County Auditor-Controller 5,805,980 1,571,214 - E: Deposits and interest earned Oyster Point Escrow Account (5,805,980). F: Other Funds revenues from Rents and Interest ($330,321), Commercial Rehab Loan ($30,893), and City repayment for Oyster Point "Advance to Other Funds" ($1,210,000) 3 Expenditures for ROPS 19-20 Enforceable Obligations (Actual 06/30/20) 4,636,234 1,728,857 626,343 E: Oyster Point Escrow Account drawdowns to make payments pursuant to DDA ($4,500,000) + Item 48 Reserve Balance expense ($136,234). F and G: Matches PPA 19-20. 4 Retention of Available Cash Balance (Actual 06/30/20) RPTTF amount retained should only include the amounts distributed as reserve for future period(s) 40,250,162 7,224,398 E: Funds reserved for Oyster Point Escrow Account ($39,125,382) + ROPS 20-21 Item 13 ($532,911) + PPA reserved for ROPS 20-21 ($591,869). F: Other Funds reserved for ROPS 20-21 ($3,311,924) + ROPS 21-22 ($3,912,474). 5 ROPS 19-20 RPTTF Prior Period Adjustment RPTTF amount should tie to the Agency's ROPS 19-20PPA form submitted to the CAC - 6 Ending Actual Available Cash Balance (06/30/20) C to F = (1 + 2 - 3 - 4), G = (1 + 2 - 3 - 4 - 5) -$ -$ -$ 231,620$ -$ F: Applied to ROPS 22-23 Item 12 No entry required South San Francisco Successor Agency Recognized Obligation Payment Schedule (ROPS 22-23) - Report of Cash Balances July 1, 2019 through June 30, 2020 (Report Amounts in Whole Dollars) Pursuant to Health and Safety Code section 34177 (l), Redevelopment Property Tax Trust Fund (RPTTF) may be listed as a source of payment on the ROPS, but only to the extent no other funding source is available or when payment from property tax revenues is required by an enforceable obligation. For tips on how to complete the Report of Cash Balances Form, see Cash Balance Tips Sheet. ROPS 19-20 Cash Balances (07/01/19 - 06/30/20) Fund Sources Comments Bond Proceeds Item #Notes/Comments South San Francisco Recognized Obligation Payment Schedule (ROPS 22-23) - Notes July 1, 2022 through June 30, 2023 Successor Agency to the Former South San Francisco Redevelopment Agency ROPS 22-23 Administrative Cost Allowance Budget Period: 7/1/22 to 6/30/23 Description of Cost/Expense Amount Documentation Staff salaries, benefits, and payroll taxes 170,000$ Overhead costs and supplies 1,000$ Professional Services - SA Consulting, RSG, Inc. (prepare ROPS, PPA, cash flow/budgeting, DOF and County Coordination)25,000$ RSG Contract pending Professional services - Auditors 4,000$ Maze & Associates Contract Professional Services - Legal, Meyers Nave 50,000$ Meyers Nave Contract Total 250,000$ Exhibit B