HomeMy WebLinkAbout12.14.22@601 SP CC Successor AgencyWednesday, December 14, 2022
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 NOTICE
1
December 14, 2022Special Successor Agency to the
Redevelopment Agency
Special Meeting Agenda
HYBRID IN-PERSON/VIRTUAL MEETING NOTICE
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and the public while allowing for public participation.
Councilmembers Coleman, Flores and Addiego, Vice Mayor Nagales and Mayor Nicolas and essential City
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council members participating by teleconference.
The City Council may meet by teleconference, consistent with the Brown Act as amended by AB 361 (2021).
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Page 2 City of South San Francisco Printed on 12/16/2022
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December 14, 2022Special Successor Agency to the
Redevelopment Agency
Special Meeting Agenda
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Page 3 City of South San Francisco Printed on 12/16/2022
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December 14, 2022Special 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
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 2023-24
(Karen Chang - 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, 2023 Through
June 30, 2024, Pursuant To Health And Safety Code Sections 34177(J) AND
34177(L)
1a.
ADJOURNMENT
Page 4 City of South San Francisco Printed on 12/16/2022
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City of South San Francisco
Legislation Text
P.O. Box 711 (City Hall, 400
Grand Avenue)
South San Francisco, CA
File #:22-1041 Agenda Date:12/14/2022
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 2023-24 (Karen Chang -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 2023-24 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 23-24 (“ROPS 23-24”)requests funding for Fiscal Year 2023-24.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 23-24 at its meeting
on January 9,2023.An Oversight Board-approved ROPS must be submitted to DOF by February 1,2023,who
will make a determination by April 15,2023.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 23-24 requests $6.4 million to fund ROPS 23-24 obligations,of which $6.2 million is requested to
fund the former RDA’s share of Oyster Point development and related staffing 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 over $855 million in estimated property tax revenues
between 2024 and 2050.
·Items 12 and 14 -Oyster Point Project DDA -The Successor Agency administers a Disposition and
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·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 $5.8 million for Oyster Point project costs from Redevelopment Property Tax
Trust Funds (“RPTTF”).
The 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.
The project has encountered construction delays and modifications imposed by Pacific Gas and Electric
(“PGE”),Americans with Disabilities Act (“ADA”)requirements newly identified since the ROPS 22-
23,and final regrading of the Open Space Recreation Site and adjacent Hotel Site.These have led to
unavoidable cost escalations outside of the Successor Agency’s control for items that are enforceable
obligations under the DDA.The delays and resulting complications have increased project costs by
$8,517,742 since the ROPS 22-23 was prepared,of which the Successor Agency’s share is $5,802,222.
These costs are non-negotiable and do not include improvements that were within the scope of the
settlement agreement negotiated with Kilroy in 2020 and approved by the Oversight Board and DOF in
2021.
The increased costs were caused by the following:
(1)PGE Construction Delays:PGE Inspectors notified PGE Construction in August 2021 to initiate
scheduling of a cutover process.PGE Construction has severe manpower resource limitations
that required the engagement of a third-party contractor to complete cable installation in the new
replacement Oyster Point Boulevard and Marina Boulevard.
PGE Construction previously estimated that its contractor might start in February 2022,or a
minimum 6-month delay from initiating scheduling in August 2021.This was the basis for the
costs requested on the ROPS 22-23.The actual start date was November 2022.PGE began
energization of the Marina Docks and East Basin on November 2,2022 (Phase I)and scheduled
Phase II energization of streetlights and traffic signals for late November 2022.
The existing services in Oyster Point Boulevard must remain active to serve other parcels
located north of the project site.This requires all existing PGE and ATT facilities to remain
intact until new replacement facilities are switched over,tied in,and energized.After
energization of new infrastructure is complete,the removal of temporary facilities that provide
electrical power for various tenants takes several weeks.All services are expected to be
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complete by early December 2022.
PGE Construction and energization ultimately resulted in a 10-month delay.This further delayed
completion of the last remaining excavation of old Oyster Point Boulevard and relocation of
soils to an Open Space Recreation Site.This remaining material must be placed and capped with
a clay and erosion layer before the parking lot,topsoil,irrigation system,and turf are installed at
the Open Space Recreation Site.The cost of this process is shared between the developer and
Successor Agency.The Successor Agency’s share is 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 Requirements:A City Building Department field site inspection of the constructed
improvements identified conditions along public pathways that require corrective ADA
measures.A Building Official mandated a wheelchair accessible surface to provide equal access
to public benches and picnic tables at Crescent Beach based on their interpretation of the ADA
code.This requirement was not originally identified during design review of construction
documents and was not imposed until after the ROPS 22-23 was prepared.
The above items led to at least a 10-month construction delay and related complications.The Successor
Agency share of increased costs is $5,802,222 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,Landscape 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 (Teichert for site civil improvements and
Hathaway-Dinwiddie for restroom building improvements).
(3)Construction Costs -Escalation of material,labor,subcontractor bond renewal,and Contractor
Construction Insurance Program (CCIP)extension premium.Extended rental restroom and
shower facilities for Marina tenants.Landscaping material installation was delayed which
triggered additional nursery charges for storage and maintenance of contract grown plant
materials.Landscape plant installation required hand watering as irrigation controllers lacked
electrical power.
(4)Stormwater Pollution Prevention Program -The revised project schedule requires another full
winter season (October 2022 to March 2023)to implement best practices,dewatering,
collection,and treatment of rainwater runoff to complete remaining work at the Phase IC site
and to implement Best Management Practices.
(5)Open Space Recreation Site Grading and Clay Cap -PGE Construction and energization delays
also delayed site grading completion and prevented excavation and relocation of refuse from old
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also delayed site grading completion and prevented 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.To accommodate for this unanticipated and uncontrollable delay,certain
quantities of refuse were relocated to the Open Space Recreation Site as permitted under Exhibit
3.2.2A of the DDA.This resulted in additional fill at the Open Space Recreation Site which
requires regrading.The cost of excavation,transportation,and placement of refuse material,
capping,and erosion layer is entirely borne by the developer.Under Section 3.2.1 of the DDA,
construction of the Open Space Recreation Site is contemplated as a part of Phase IC
improvements in order to provide the City with a reconfigured and improved recreation and
open space parcel.The DDA allocates responsibilities of cost overruns for grading and
construction work with respect to the Open Space Recreation Site to the Agency under Exhibit
3.4.1.Here,in order to construct the Open Space Recreation Site for its intended recreational
uses,regrading is required to accommodate additional fill,including the installation of a new
clay cap wall at the parcel boundary.The cost to import clay material that meets environmental
specifications to cap the Open Space Recreation Site fill is the responsibility of Agency since no
onsite clay material meets specifications.This work constitutes unanticipated cost overruns
resulting from delays not within the Agency’s control and is necessary for the reconstruction of
the Open Space Recreation Site as contemplated by the DDA.
(6)Hotel Site -As a result of the unanticipated delay and additional fill incursions at the Open
Space Recreation Site,regrading also became necessary to provide a geotechnically stable soil
transition with the bordering elevated Open Space Recreation Site and natural stormwater
surface sloping to a collection point.Stormwater Pollution Prevention Plan installation and
treatment with hydroseeding is required to winterize the site.Like the Open Space Recreation
Site,Section 3.2.1 of the DDA contemplates the grading of this future hotel site as a part of the
Phase IC project and allocates responsibilities of cost overruns for grading and construction
work with respect to this site to the Agency.
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 10-month
construction delay escalated costs since the ROPS 22-23.
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ROPS Item 14 requests $304,743 for estimated project-related staff,consultant,and legal costs to
implement the Oyster Point project.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
$856 million in estimated property tax revenues between 2024 and 2050.
·Item 48 -Administrative Cost Allowance -The Successor Agency is requesting $250,000 for Fiscal
Year 2023-24 administrative expenses,which is within the threshold set forth under Health and Safety
Code.Of this amount,$61,487 is requested from RPTTF and $188,513 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.There are no anticipated Successor Agency costs for these items in Fiscal Year
2023-24. 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
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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 2023-24 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 2023-24 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
$250,000 threshold set forth under Health and Safety Code section 34171.
CONCLUSION
Adoption of the proposed ROPS 23-24 and Administrative Budget is necessary to obtain funding for Fiscal
Year 2023-24 obligations and are required by State law.
Attachments:
1.Exhibit A - ROPS 23-24 Item 12 Oyster Point Detailed Project Cost Breakdown
2.Exhibit B - ROPS 23-24 Item 14 Oyster Point Soft Cost Estimate
3.Exhibit C - Administrative Budget for FY 23-24
4.Exhibit D - ROPS 23-24
5.Exhibit E - Presentation to Successor Agency
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SUCCESSOR AGENCY TO FORMER RDA OF SOUTH SAN FRANCISCO 11/16/2022
ROPS 23-24 Item 12 DRAFT
Orig.
Sched of
Value
Change
Event
GC Escal [D] GC Gen. Cond
Rqmt [E]
Stormwater
SWPPP [F]
PM Soft
Costs [G]
Sitework [H] Change Total by
Project
Total
Agency's
Allocation 1,113,579$ 1,262,119$ 378,449$ 459,452$ 2,588,622$ 5,802,221$
DDA
Exhibit
Description
3.2.1A Streets and
Utilities at Hub
0.112 124,266$ 140,842$ 42,232$ 51,271$ 193,822$ 552,434$
3.2.1B Streets and
Utilities at Point
0.303 356,392$ 403,931$ 121,120$ 147,044$ 193,823$ 1,222,310$
3.2.1C Clay Cap Repair at
City Parcels - Ph IC
0.017 -$ -$ -$ -$ -$ -$
3.2.1D Reconfig Marina
Parking Lot & Rec
Space
0.226 252,169$ 285,805$ 85,699$ 104,042$ 193,823$ 921,539$
3.2.1E Recreation Fields 0.075 83,358$ 94,477$ 28,329$ 34,393$ 1,318,448$ 1,559,004$
3.2.1F Future Hotel Site 0.034 37,331$ 42,311$ 12,687$ 15,402$ 198,785$ 306,516$
3.2.1G Landscaping at
Beach / Park
0.133 148,079$ 167,831$ 50,325$ 61,096$ 83,358$ 510,688$
3.2.1H Landscape BCDC
Area City Parcels,
Palm Promenade
0.101 111,984$ 126,922$ 38,058$ 46,204$ 406,563$ 729,730$
TOTAL for Agency 1 1,113,579$ 1,262,119$ 378,449$ 459,452$ 2,588,622$ 5,802,222$
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 813,417$ 484,300$ 358,851$ 424,110$ 634,842$ 2,715,520$
DDA
Exhibit
Description
3.2.1A Streets and
Utilities at Hub
0.630 813,417$ 484,300$ 358,851$ 424,110$ 634,842$ 2,715,520$
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 & 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 1 813,417$ 484,300$ 358,851$ 424,110$ 634,842$ 2,715,520$
Total by Change Event 1,926,996$ 1,746,419$ 737,300$ 883,562$ 3,223,464$ 8,517,742$
Documentation
Packages by
Change Event
D E F G H
Agency 57.8%72.3%51.3%52.0%80.3%
Developer 42.2%27.7%48.7%48.0%19.7%
Proration footnote:[1][1][1][2][1]
[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 $9.53 M obligation), Agency’s additional contract obligation proration (58%; 42% for Developer, rounded and for items
outside of Strt & Util to Hub and Point, and Landscape), or based on the original project schedule of value. Ref. DDA Sect 3.2.1(vii) & 3.4.1 Exh.
Allocation based on Agency's 20% share of Streets & Utility to Hub and 100% share of Streets & Utility to Point. Ref. DDA Section 3.2.1(i)1 and 3.2.1(i)2.
Matrix showing Change Events impact to each project and cost share by Agency and Developer
PHASE IC 2011 BUDGET Agency's Share and Allocation
PHASE IC 2011 BUDGET Developer's Share and Allocation
ROPS 23-24 matrix 22_1116 Page 1 12
ROPS Period
Obligations Period
Item Staff Tasks
Hourly Rate
(Burdened)# of Hours per month Requested
Successor Agency
Engineering
Management Staff costs
Eunejune Kim, Public Works
Director
Project and contract management specific to Oyster
Point DDA project 245.01$ 10 29,401$
Successor Agency
Engineering
Management Staff costs
West Coast Code
Consultants Inc. - WC-3
Daily project management; cost management;
coordination with contractor, developer and other
regulatory agencies 220.00$ 40 105,600$
Successor Agency
Project Management
Staff Costs
Mike Futruell, Successor
Agency Executive Director
Overall project management, coordination with
developer, staff and legal counsel 274.82$ 20 65,957$
Nell Selander, Director of
Economic & Community
Development
Overall project management, coordination with
developer, staff and legal counsel 227.39$ 4 10,915$
Billy Gross, Principal Planner
Overall project management and monthly outreach
meetings 140.03$ 3 5,041$
Jennifer Clemente, Financial
Services Manager
Contract interpretation, implementation and
dispute resolution for all contracts related to the
enforceable obligations included in the DDA 142.28$ 4 6,829$
Legal Expenses Meyers Nave
Contract interpretation, implementation and
dispute resolution for all contracts related to the
enforceable obligations included in the DDA 450.00$ 15 81,000$
Total 304,743$
SUCCESSOR AGENCY SOUTH SAN FRANCISCO
Oyster Point DDA Soft Project Management costs
23-24
July 2023-June 2024
13
22-23
July 2022-June 2023
Staff Requested Actual Variance Requested
Hourly Rate
(Burdened)# of Hours per month Requested Variance Comment/Explanation for Variance
City Manager Successor Agency and project administration 42,973.00$ 44,973.00$ 2,000$ 44,116$ 274.82$ 15$ 49,467$ 5,351$ Adjustments for salary/benefits and estimated hours
Director, Econ & Comm Dev Successor Agency and project administration 6,508.00$ 7,508.00$ 1,000$ 9,621$ 227.39$ 5$ 13,643$ 4,022$
Deputy Dir, Econ & Comm Dev Successor Agency and project administration 8,467.00$ 9,467.00$ 1,000$ 8,467$ 180.94$ 5$ 10,857$ 2,389$
Economic Development Coordinator Successor Agency and project administration 4,558.00$ 4,558.00$ -$ 8,267$ 137.82$ 5$ 8,269$ 2$
Management Analyst II Successor Agency and project administration 9,615.00$ 9,615.00$ -$ 9,903$ 116.74$ 5$ 7,005$ (2,899)$
Management Analyst I Successor Agency and project administration 8,876.00$ 8,876.00$ -$ 9,903$ 87.34$ 5$ 5,241$ (4,663)$
Administrative Assistant I Successor Agency and project administration 4,456.00$ 4,456.00$ -$ 4,236$ 70.82$ 5$ 4,249$ 13$
City Clerk Successor Agency meeting administration 2,842.00$ 2,842.00$ -$ 3,659$ 144.53$ 2$ 3,469$ (191)$
Deputy City Clerk Successor Agency meeting administration 2,130.00$ 2,130.00$ -$ 2,743$ 82.05$ 2$ 1,969$ (774)$
City Clerk Records Technician Successor Agency meeting administration 857.00$ 857.00$ -$ 857$ 70.23$ 2$ 1,685$ 829$
Director, Finance Successor Agency administration 23,341.00$ 25,341.00$ 2,000$ 38,902$ 223.99$ 15$ 40,318$ 1,416$
Deputy Director, Finance Successor Agency administration 6,895.00$ 8,895.00$ 2,000$ 11,721$ 175.67$ 6$ 12,648$ 927$
Senior Accountant Successor Agency administration 11,768.00$ 13,363.80$ 1,596$ 15,152$ 116.20$ 15$ 20,917$ 5,765$
Administrative Assistant II Successor Agency administration 1,714.00$ 1,714.00$ -$ 2,942$ 81.29$ 4$ 3,902$ 960$
Adjustment to Remain within Maximum Successor Agency administration (14,105.00)$ 14,105$ (490)$ (639)$ (149)$
120,895$ 144,596$ 23,701$ 170,000$ 183,000$ 13,000$
Vendor/Payee Description Requested Actual Variance Requested Requested Variance
RSG, INC.Successor Agency Consultant 25,000$ 37,318$ 12,318$ 25,000$ 25,000$ -$
Maze and Associates Auditor 4,000$ 4,000$ -$ 4,000$ 6,000$ 2,000$
Meyers Nave Legal Counsel 50,000$ 10,037$ (39,963)$ 50,000$ 30,000$ (20,000)$
BNY Mellon SSF Escrow Deposit & Trustee 2,625$ 2,625$ 2,500$ 2,500$
Willdan Financial Services Continuing Disclosure Agent/Arbitrage -$ 2,500$ 2,500$
Overhead Supplies, facilities, etc.1,000$ 157$ (843)$ 1,000$ 1,000$ -$
80,000$ 54,137$ (25,864)$ 80,000$ 67,000$ (13,000)$
200,895$ 198,732$ (2,163)$ 250,000$ 250,000$ -$
July 2023-June 2024
Sub-Total (Other Costs)
Grand Total
ADMINISTRATIVE BUDGET
SUCCESSOR AGENCY SOUTH SAN FRANCISCO
Sub-Total (Personnel Costs)
21-22
July 2021-June 2022
ROPS Period
Obligations Period
Total Outstanding Obligations ($)
Total Number of Outstanding Obligations
Please specify budget methodology (Cost Allocation, Time Study
etc) Cost Allocation
23-24
14
Recognized Obligation Payment Schedule (ROPS 23-24) - Summary
Filed for the July 1, 2023 through June 30, 2024 Period
Successor Agency: South San Francisco
County: San Mateo
Current Period Requested Funding for Enforceable
Obligations (ROPS Detail)
23-24A Total
(July -
December)
23-24B Total
(January -
June)
ROPS 23-24
Total
A Enforceable Obligations Funded as Follows (B+C+D) $ 188,513 $ - $ 188,513
B Bond Proceeds - - -
C Reserve Balance - - -
D Other Funds 188,513 - 188,513
E Redevelopment Property Tax Trust Fund (RPTTF) (F+G) $ 6,168,452 $ - $ 6,168,452
F RPTTF 6,106,965 - 6,106,965
G Administrative RPTTF 61,487 - 61,487
H Current Period Enforceable Obligations (A+E) $ 6,356,965 $ - $ 6,356,965
Certification of Oversight Board Chairman:
Name 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. /s/
Signature Date
15
South San Francisco
Recognized Obligation Payment Schedule (ROPS 23-24) - ROPS Detail
July 1, 2023 through June 30, 2024
A B C D E F G H I J K N O P Q
Item
# Project Name Obligation Type
Agreement
Execution
Date
Agreement
Termination
Date
Payee Description Project
Area
Total
Outstanding
Obligation
Retired
ROPS
23-24
Total
ROPS 23-24A (Jul - Dec)
23-24A
Total
Fund Sources
Other
Funds RPTTF Admin
RPTTF
$28,266,565 $6,356,965 $188,513 $6,106,965 $61,487 $6,356,965
12 Oyster Point Ventures
DDA
OPA/DDA/
Construction
03/23/
2011
11/11/2026 Oyster Pt Ventures, LLC DDA Sections 3.2.1 Phase IC Improvements
and 3.4.1 Improvement Costs
Merged 5,802,222 N $5,802,222 - 5,802,222 - $5,802,222
13 Oyster Point Ventures
DDA
OPA/DDA/
Construction
03/23/
2011
11/11/2026 Various contractors/staff DDA Section 5.2 Environmental Indemnification Merged 18,513,268 N $- - - - $-
14 Oyster Point Ventures
DDA
Project
Management
Costs
03/23/
2011
11/11/2026 Legal/Staff costs Soft project management costs Merged 609,486 N $304,743 - 304,743 - $304,743
16 Harbor District
Agreement
Improvement/
Infrastructure
03/25/
2011
11/11/2026 Harbor District Secs. 5.0 lease rev; 7.0 temp. office Merged 1,793,248 N $- - - - $-
17 Harbor District
Agreement
Project
Management
Costs
03/25/
2011
11/11/2026 Legal/Staff costs Soft project management costs Merged 798,341 N $- - - - $-
21 Train Station Imprvmnts
Ph 1(pf1002)
Remediation 03/11/
2009
12/31/2014 TechAccutite/Wisley Ham Contracted work-site remediation Merged - Y $- - - - $-
22 Train Station Imprvmnts
Phase 1
Project
Management
Costs
03/11/
2009
12/31/2014 Staff Costs Soft project management costs Merged - Y $- - - - $-
23 Train Station Imprvmnts
Phase 2
Remediation 12/09/
2009
12/31/2014 Various contractors Site remediation per Cal Trans Agrmt. Merged - Y $- - - - $-
24 Train Station Imprvmnts
Phase 2
Project
Management
Costs
12/09/
2009
12/31/2014 Legal/Staff costs Soft project management costs Merged - Y $- - - - $-
48 Administration Costs Admin Costs 07/01/
2022
06/30/2023 Legal/Staff costs Costs to administer Successor Agency Merged 750,000 N $250,000 188,513 - 61,487 $250,000
51 Accrued PERS Pension
Obligations
Unfunded
Liabilities
01/01/
1980
06/30/2016 CalPERS Costs incurred through 02/01/2012 Merged - Y $- - - - $-
52 Accrued Retiree Health
Obligations
Unfunded
Liabilities
01/01/
1980
06/30/2016 CalPERS Retiree Benefit
Trust (CERBT)
Costs incurred through 02/01/2012 Merged - Y $- - - - $-
16
South San Francisco
Recognized Obligation Payment Schedule (ROPS 23-24) - Report of Cash Balances
July 1, 2020 through June 30, 2021
(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.
A B C D E F G H
ROPS 20-21 Cash Balances
(07/01/20 - 06/30/21)
Fund Sources
Comments
Bond Proceeds 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 07/01/20)
RPTTF amount should exclude "A" period distribution
amount.
39,658,293 7,456,018 591,869 E: Funds reserved for Oyster Point Escrow
Account ($39,125,382) + ROPS 20-21 Item
13 ($532,911). F: Other Funds reserved for
ROPS 20-21 ($3,311,924) + ROPS 21-22
($3,912,474) + ROPS 22-23 ($231,620). G:
PPA reserved for ROPS 20-21 ($591,869)
2 Revenue/Income (Actual 06/30/21)
RPTTF amount should tie to the ROPS 20-21 total
distribution from the County Auditor-Controller
59,975 188,513 401,789 E: Deposits and interest earned Oyster Point
Escrow Account ($59,975). F: Other Funds
revenues from Rents ($36,760), Interest
($80,123), Commercial Rehab Loan
($31,629), and City Advance repayment to
Successor Agency ($40,000)
3 Expenditures for ROPS 20-21 Enforceable Obligations
(Actual 06/30/21)
17,041,505 3,311,924 993,658 E: Oyster Point Escrow Account drawdowns
to make payments pursuant to DDA
($16,508,594) + Item 13 Reserve Balance
expense ($532,911). ROPS 20-21 Item 12
Reserve Balance allocation of $1,207,516
already in BNY Escrow Account. F and G:
Matches PPA.
17
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.
A B C D E F G H
ROPS 20-21 Cash Balances
(07/01/20 - 06/30/21)
Fund Sources
Comments
Bond Proceeds 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
4 Retention of Available Cash Balance (Actual 06/30/21)
RPTTF amount retained should only include the amounts
distributed as reserve for future period(s)
22,676,763 4,144,094 E: Funds reserved for Oyster Point Escrow
Account ($22,676,763) F: Other Funds
reserved for ROPS 21-22 ($3,912,474) +
ROPS 22-23 ($231,620).
5 ROPS 20-21 RPTTF Prior Period Adjustment
RPTTF amount should tie to the Agency's ROPS 20-21 PPA
form submitted to the CAC
No entry required
6 Ending Actual Available Cash Balance (06/30/21)
C to F = (1 + 2 - 3 - 4), G = (1 + 2 - 3 - 4 - 5)
$- $- $- $188,513 $- F: 20-21 Revenues applied to ROPS 23-24
Item 48
18
South San Francisco
Recognized Obligation Payment Schedule (ROPS 23-24) - Notes
July 1, 2023 through June 30, 2024
Item # Notes/Comments
12
13
14
16
17
21
22
23
24
48
51
52
19
South San Francisco
ROPS 23-24
1 20
ROPS 23-24$6.4 MILLION REQUESTED
2
ROPS Item Requested
Item 12
Oyster Point Project Costs $5,802,222
Item 14
Oyster Point Project Mgnt $304,743
Item 48
Admin Cost Allowance $250,000
Total Requested $6,356,965
RPTTF: $6,168,452 Other Funds: $188,513
RPTTF
$6,168,452
Other Funds
$61,487
21
Oyster Point Site Plan
22
Vision for Oyster Point
Kilroy Realty
23
5Current Current
A –Oyster Pt Blvd, Bldg ID and IID
B –Marina Blvd, Marina ParkC –Oyster Pt Blvd to Marina Blvd Hub
D –Oyster Pt Blvd North, Bldg IID, Beach
24
OYSTER POINT DDA PROPERTY TAX IMPACT
6
Property Tax
Estimates
Annual
2011: $840,000
2024: $24 million
2043: 35 million
Cumulative
(2% Growth from 2024)
2030: $180 million
2040: $484 million
2050: $855 million
25
OYSTER POINT DDA (ITEM 12) UNAVOIDABLE CONSTRUCTION DELAYS
7
PGE
Construction
ADA
Requirements
10-Month
Delay &
Added
Costs
26
OYSTER POINT DDA (ITEM 12)ROPS 23-24 PROJECT COSTS
8
DDA
Exhibit Description
Work Required Cost
Agency
Share
Developer
Share Total
3.2.1A Streets and Utilities at
Hub
Relocation of PGE electrical facilities and
ATT telecommunications to replacement
joint trench infrastructure severely
delayed (10 mo.) by PGE Construction due
to labor shortage (critical path work).
Site inspections identified ADA
requirement for equal access to public
amenities at Crescent Beach.
Delay impacts -Stormwater control,
Project Management oversight, increased
General Requirements & General
Conditions, temporary facilities costs,
bond and insurance premiums, and
escalation of material and labor.
Open Space Recreation Site and Hotel Site
regrading for intended and programmed
uses.
$552,434 $2,715,520 $3,267,954
3.2.1B Streets and Utilities at
Point
$1,222,310 $1,222,310
3.2.1C Clay Cap Repair at City
Parcels –Phase IC
$0 $0
3.2.1D Reconfiguration of
Parking Lot at Marina &
Open Space Landscape
$921,539 $921,539
3.2.1E Open Space Recreation
Site
$1,559,004 $1,559,004
3.2.1F Future Hotel Site $306,516 $306,516
3.2.1G Landscaping at Beach /
Park
$510,688 $510,688
3.2.1H Landscaping at BCDC
Area in City Parcels and
Palm Promenade
$729,730 $729,730
TOTAL $5,802,222 $2,715,520 $8,517,742
27
OYSTER POINT DDAPROJECT MANAGEMENT (ITEM 14)
Position Tasks Average
Hrs/Mo
Fully
Loaded
Hr Rate
Total
Annual
Cost
Public Works Director Project and contract management specific
to Oyster Point DDA project
10 $245.01 $29,401
Project Management
Services (WC-3)
Daily project management; cost
management; coordination with contractor,
developer and other regulatory agencies
40 $220.00 $105,600
City Manager / Successor
Agency Executive Director
Overall project management, coordination
with developer, staff and legal counsel
20 $274.82 $65,957
Director of Economic &
Community Development
Overall project management, coordination
with developer, staff and legal counsel
4 $227.39 $10,915
Principal Planner Overall project management and monthly
outreach meetings
3 $140.03 $5,041
Financial Services Manager Support cost/contract management,
payment of project invoices, transfers
between escrow accounts
4 $142.28 $6,829
Legal Services (Meyers
Nave)
Contract interpretation, implementation and
dispute resolution for all contracts related to
the enforceable obligations included in the
DDA
15 $450.00 $81,000
Total Estimated Budget $304,743
9 28
ADMINISTRATIVE BUDGETFY 2023-24 (ITEM 48)
10
Description of Cost/Expense Amount
Staff salaries, benefits, and payroll taxes $183,000
Overhead costs and supplies 1,000
Professional Services –Successor Agency Consulting (RSG, Inc.)25,000
Professional Services –Auditors (Maze & Associates)6,000
Professional Services –Legal (Meyers Nave)30,000
Professional Services –Oyster Point Escrow Account Trustee &
Continuing Disclosure 5,000
Total Budget $250,000
29
ROPS 23-24$6.4 MILLION REQUESTED
11
ROPS Item Requested
Item 12
Oyster Point Project Costs $5,802,222
Item 14
Oyster Point Project Mgnt $304,743
Item 48
Admin Cost Allowance $250,000
Total Requested $6,356,965
RPTTF: $6,168,452 Other Funds: $188,513
RPTTF
$6,168,452
Other Funds
$61,487
30
NEXT STEPS
Successor Agency forwards ROPS
to Oversight Board
Oversight Board meeting on
January 9, 2023
ROPS due to DOF February 1, 2023
DOF Determination due by April
15, 2023
Property Tax Revenue distributed
6/1/23 and 1/2/24
31
City of South San Francisco
Legislation Text
P.O. Box 711 (City Hall, 400
Grand Avenue)
South San Francisco, CA
File #:22-1043 Agenda Date:12/14/2022
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 1,2023,through June 30,2024,Pursuant to 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 1,2023,through June 30,2024,
fiscal period (“ROPS 23-24”),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, 2023; 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 1,2023,to June 30,2024 (“Administrative
Budget”) as set forth in the attached Exhibit B; and
WHEREAS,the Oversight Board will review ROPS 23-24 and the Administrative Budget on January
9, 2023; and
WHEREAS,the Successor Agency desires to approve the ROPS 23-24 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
Francisco, does hereby resolve as follows:
City of South San Francisco Printed on 12/15/2022Page 1 of 2
powered by Legistar™32
File #:22-1043 Agenda Date:12/14/2022
Version:1 Item #:1a.
1.The Recitals set forth above are true and correct, and are incorporated herein by reference;
2.The draft ROPS 23-24 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 1,2023,through June 30,2024,attached hereto as Exhibit B,contingent
upon approval by the Oversight Board at its meeting on January 9, 2023;
4.The City Finance Director or designee is authorized to modify the draft ROPS 23-24 and the
Administrative Budget to correct errors,to update the ROPS 23-24 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 23-24 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 23-24 on the Successor Agency’s website;
6.The Finance Director or designee is authorized to incorporate the items on the ROPS into the 2023-24
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; and
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 1,2023,through June 30,2024 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.
*****
Exhibit A - South San Francisco’s Successor Agency’s Draft ROPS 23-24
Exhibit B - South San Francisco’s Successor Agency’s Fiscal Year 23-24 Administrative Budget
City of South San Francisco Printed on 12/15/2022Page 2 of 2
powered by Legistar™33
Recognized Obligation Payment Schedule (ROPS 23-24) - Summary
Filed for the July 1, 2023 through June 30, 2024 Period
Successor Agency: South San Francisco
County: San Mateo
Current Period Requested Funding for Enforceable
Obligations (ROPS Detail)
23-24A Total
(July -
December)
23-24B Total
(January -
June)
ROPS 23-24
Total
A Enforceable Obligations Funded as Follows (B+C+D) $ 188,513 $ - $ 188,513
B Bond Proceeds - - -
C Reserve Balance - - -
D Other Funds 188,513 - 188,513
E Redevelopment Property Tax Trust Fund (RPTTF) (F+G) $ 6,168,452 $ - $ 6,168,452
F RPTTF 6,106,965 - 6,106,965
G Administrative RPTTF 61,487 - 61,487
H Current Period Enforceable Obligations (A+E) $ 6,356,965 $ - $ 6,356,965
Certification of Oversight Board Chairman:
Name 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. /s/
Signature Date
34
South San Francisco
Recognized Obligation Payment Schedule (ROPS 23-24) - ROPS Detail
July 1, 2023 through June 30, 2024
A B C D E F G H I J K N O P Q
Item
# Project Name Obligation Type
Agreement
Execution
Date
Agreement
Termination
Date
Payee Description Project
Area
Total
Outstanding
Obligation
Retired
ROPS
23-24
Total
ROPS 23-24A (Jul - Dec)
23-24A
Total
Fund Sources
Other
Funds RPTTF Admin
RPTTF
$28,266,565 $6,356,965 $188,513 $6,106,965 $61,487 $6,356,965
12 Oyster Point Ventures
DDA
OPA/DDA/
Construction
03/23/
2011
11/11/2026 Oyster Pt Ventures, LLC DDA Sections 3.2.1 Phase IC Improvements
and 3.4.1 Improvement Costs
Merged 5,802,222 N $5,802,222 - 5,802,222 - $5,802,222
13 Oyster Point Ventures
DDA
OPA/DDA/
Construction
03/23/
2011
11/11/2026 Various contractors/staff DDA Section 5.2 Environmental Indemnification Merged 18,513,268 N $- - - - $-
14 Oyster Point Ventures
DDA
Project
Management
Costs
03/23/
2011
11/11/2026 Legal/Staff costs Soft project management costs Merged 609,486 N $304,743 - 304,743 - $304,743
16 Harbor District
Agreement
Improvement/
Infrastructure
03/25/
2011
11/11/2026 Harbor District Secs. 5.0 lease rev; 7.0 temp. office Merged 1,793,248 N $- - - - $-
17 Harbor District
Agreement
Project
Management
Costs
03/25/
2011
11/11/2026 Legal/Staff costs Soft project management costs Merged 798,341 N $- - - - $-
21 Train Station Imprvmnts
Ph 1(pf1002)
Remediation 03/11/
2009
12/31/2014 TechAccutite/Wisley Ham Contracted work-site remediation Merged - Y $- - - - $-
22 Train Station Imprvmnts
Phase 1
Project
Management
Costs
03/11/
2009
12/31/2014 Staff Costs Soft project management costs Merged - Y $- - - - $-
23 Train Station Imprvmnts
Phase 2
Remediation 12/09/
2009
12/31/2014 Various contractors Site remediation per Cal Trans Agrmt. Merged - Y $- - - - $-
24 Train Station Imprvmnts
Phase 2
Project
Management
Costs
12/09/
2009
12/31/2014 Legal/Staff costs Soft project management costs Merged - Y $- - - - $-
48 Administration Costs Admin Costs 07/01/
2022
06/30/2023 Legal/Staff costs Costs to administer Successor Agency Merged 750,000 N $250,000 188,513 - 61,487 $250,000
51 Accrued PERS Pension
Obligations
Unfunded
Liabilities
01/01/
1980
06/30/2016 CalPERS Costs incurred through 02/01/2012 Merged - Y $- - - - $-
52 Accrued Retiree Health
Obligations
Unfunded
Liabilities
01/01/
1980
06/30/2016 CalPERS Retiree Benefit
Trust (CERBT)
Costs incurred through 02/01/2012 Merged - Y $- - - - $-
35
South San Francisco
Recognized Obligation Payment Schedule (ROPS 23-24) - Report of Cash Balances
July 1, 2020 through June 30, 2021
(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.
A B C D E F G H
ROPS 20-21 Cash Balances
(07/01/20 - 06/30/21)
Fund Sources
Comments
Bond Proceeds 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 07/01/20)
RPTTF amount should exclude "A" period distribution
amount.
39,658,293 7,456,018 591,869 E: Funds reserved for Oyster Point Escrow
Account ($39,125,382) + ROPS 20-21 Item
13 ($532,911). F: Other Funds reserved for
ROPS 20-21 ($3,311,924) + ROPS 21-22
($3,912,474) + ROPS 22-23 ($231,620). G:
PPA reserved for ROPS 20-21 ($591,869)
2 Revenue/Income (Actual 06/30/21)
RPTTF amount should tie to the ROPS 20-21 total
distribution from the County Auditor-Controller
59,975 188,513 401,789 E: Deposits and interest earned Oyster Point
Escrow Account ($59,975). F: Other Funds
revenues from Rents ($36,760), Interest
($80,123), Commercial Rehab Loan
($31,629), and City Advance repayment to
Successor Agency ($40,000)
3 Expenditures for ROPS 20-21 Enforceable Obligations
(Actual 06/30/21)
17,041,505 3,311,924 993,658 E: Oyster Point Escrow Account drawdowns
to make payments pursuant to DDA
($16,508,594) + Item 13 Reserve Balance
expense ($532,911). ROPS 20-21 Item 12
Reserve Balance allocation of $1,207,516
already in BNY Escrow Account. F and G:
Matches PPA.
36
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.
A B C D E F G H
ROPS 20-21 Cash Balances
(07/01/20 - 06/30/21)
Fund Sources
Comments
Bond Proceeds 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
4 Retention of Available Cash Balance (Actual 06/30/21)
RPTTF amount retained should only include the amounts
distributed as reserve for future period(s)
22,676,763 4,144,094 E: Funds reserved for Oyster Point Escrow
Account ($22,676,763) F: Other Funds
reserved for ROPS 21-22 ($3,912,474) +
ROPS 22-23 ($231,620).
5 ROPS 20-21 RPTTF Prior Period Adjustment
RPTTF amount should tie to the Agency's ROPS 20-21 PPA
form submitted to the CAC
No entry required
6 Ending Actual Available Cash Balance (06/30/21)
C to F = (1 + 2 - 3 - 4), G = (1 + 2 - 3 - 4 - 5)
$- $- $- $188,513 $- F: 20-21 Revenues applied to ROPS 23-24
Item 48
37
South San Francisco
Recognized Obligation Payment Schedule (ROPS 23-24) - Notes
July 1, 2023 through June 30, 2024
Item # Notes/Comments
12
13
14
16
17
21
22
23
24
48
51
52
38
22-23
July 2022-June 2023
Staff Requested Actual Variance Requested
Hourly Rate
(Burdened)# of Hours per month Requested Variance Comment/Explanation for Variance
City Manager Successor Agency and project administration 42,973.00$ 44,973.00$ 2,000$ 44,116$ 274.82$ 15$ 49,467$ 5,351$ Adjustments for salary/benefits and estimated hours
Director, Econ & Comm Dev Successor Agency and project administration 6,508.00$ 7,508.00$ 1,000$ 9,621$ 227.39$ 5$ 13,643$ 4,022$
Deputy Dir, Econ & Comm Dev Successor Agency and project administration 8,467.00$ 9,467.00$ 1,000$ 8,467$ 180.94$ 5$ 10,857$ 2,389$
Economic Development Coordinator Successor Agency and project administration 4,558.00$ 4,558.00$ -$ 8,267$ 137.82$ 5$ 8,269$ 2$
Management Analyst II Successor Agency and project administration 9,615.00$ 9,615.00$ -$ 9,903$ 116.74$ 5$ 7,005$ (2,899)$
Management Analyst I Successor Agency and project administration 8,876.00$ 8,876.00$ -$ 9,903$ 87.34$ 5$ 5,241$ (4,663)$
Administrative Assistant I Successor Agency and project administration 4,456.00$ 4,456.00$ -$ 4,236$ 70.82$ 5$ 4,249$ 13$
City Clerk Successor Agency meeting administration 2,842.00$ 2,842.00$ -$ 3,659$ 144.53$ 2$ 3,469$ (191)$
Deputy City Clerk Successor Agency meeting administration 2,130.00$ 2,130.00$ -$ 2,743$ 82.05$ 2$ 1,969$ (774)$
City Clerk Records Technician Successor Agency meeting administration 857.00$ 857.00$ -$ 857$ 70.23$ 2$ 1,685$ 829$
Director, Finance Successor Agency administration 23,341.00$ 25,341.00$ 2,000$ 38,902$ 223.99$ 15$ 40,318$ 1,416$
Deputy Director, Finance Successor Agency administration 6,895.00$ 8,895.00$ 2,000$ 11,721$ 175.67$ 6$ 12,648$ 927$
Senior Accountant Successor Agency administration 11,768.00$ 13,363.80$ 1,596$ 15,152$ 116.20$ 15$ 20,917$ 5,765$
Administrative Assistant II Successor Agency administration 1,714.00$ 1,714.00$ -$ 2,942$ 81.29$ 4$ 3,902$ 960$
Adjustment to Remain within Maximum Successor Agency administration (14,105.00)$ 14,105$ (490)$ (639)$ (149)$
120,895$ 144,596$ 23,701$ 170,000$ 183,000$ 13,000$
Vendor/Payee Description Requested Actual Variance Requested Requested Variance
RSG, INC.Successor Agency Consultant 25,000$ 37,318$ 12,318$ 25,000$ 25,000$ -$
Maze and Associates Auditor 4,000$ 4,000$ -$ 4,000$ 6,000$ 2,000$
Meyers Nave Legal Counsel 50,000$ 10,037$ (39,963)$ 50,000$ 30,000$ (20,000)$
BNY Mellon SSF Escrow Deposit & Trustee 2,625$ 2,625$ 2,500$ 2,500$
Willdan Financial Services Continuing Disclosure Agent/Arbitrage -$ 2,500$ 2,500$
Overhead Supplies, facilities, etc.1,000$ 157$ (843)$ 1,000$ 1,000$ -$
80,000$ 54,137$ (25,864)$ 80,000$ 67,000$ (13,000)$
200,895$ 198,732$ (2,163)$ 250,000$ 250,000$ -$
July 2023-June 2024
Sub-Total (Other Costs)
Grand Total
ADMINISTRATIVE BUDGET
SUCCESSOR AGENCY SOUTH SAN FRANCISCO
Sub-Total (Personnel Costs)
21-22
July 2021-June 2022
ROPS Period
Obligations Period
Total Outstanding Obligations ($)
Total Number of Outstanding Obligations
Please specify budget methodology (Cost Allocation, Time Study
etc) Cost Allocation
23-24
39