HomeMy WebLinkAboutSuccessor Reso 03-2020 (20-974)City of South San Francisco P.O. Box 711 (City Hall,
400 Grand Avenue)
T. South San Francisco, CA
Successor Agency
Resolution: RES 03-2020
File Number: 20-974 Enactment Number: RES 03-2020
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, 2021 THROUGH
JUNE 30, 2022, 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records, buildings, and equipment of the former RDA and, except as repealed, restricted, or revised by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(1) 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 341770) 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, 2021 through June 30,
2022 fiscal period ("ROPS 21-22"), which, pursuant to HSC Section 34177(1), 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, 2021; 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, 2021 to June 30, 2022
("Administrative Budget') as set forth in the attached Exhibit B; and
WHEREAS, the Oversight Board will review ROPS 21-22 and the Administrative Budget on
January 11, 2021; and
City of South San Francisco Page 1
File Number., 20-974
Enactment Number., RES 03-2020
WHEREAS, the Successor Agency desires to approve the ROPS 21-22 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:
1. The Recitals set forth above are true and correct, and are incorporated herein by reference;
2. The draft ROPS 21-22 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;
In accordance with HSC Section 341770), the Successor Agency hereby approves the
Administrative Budget for the period July 1, 2021 through June 30, 2022, attached hereto as
Exhibit B, contingent upon approval by the Oversight Board at its meeting on January 11, 2021;
4. The City Finance Director or designee is authorized to modify the draft ROPS 21-22 and the
Administrative Budget to correct errors, to update the ROPS 21-22 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 21-22 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 21-22 on the Successor Agency's website;
6. The Finance Director or designee is authorized to incorporate the items on the ROPS into the
2021-22 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, 2021 through June 30, 2022 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.
City of South San Francisco Page 2
File Number: 20-974
Exhibits to Resolution:
Exhibit A - Successor Agency Draft ROPS 21-22
Exhibit B - Successor Agency Fiscal Year 21-22 Administrative Budget
Enactment Number. RES 03-2020
At a meeting of the Special Successor Agency to the Redevelopment Agency on 12/9/2020, a motion
was made by Vice Chair Nagales, seconded by Boardmember Nicolas, that this Resolution be approved. The
Yes: 4 Vice Chair Nagales, Boardmember Coleman, Chair Addiego, and Boardmember
Nicolas
Attest by L�gm IL zu
osa Govea Acosta, City Clerk
City of South San Francisco Page 3
Recognized Obligation Payment Schedule (ROPS 21-22) - Summary
Filed for the July 1, 2021 through June 30, 2022 Period
Successor Agency: South San Francisco
County: San Mateo
Current Period Requested Funding for Enforceable
Obligations (ROPS Detail)
21-22A Total
(July -
December)
21-22B Total
(January -
June)
ROPS 21-22
Total
A Enforceable Obligations Funded as Follows (B+C+D) $ 3,912,474 $ -$ 3,912,474
B Bond Proceeds - - -
C Reserve Balance - - -
D Other Funds 3,912,474 -3,912,474
E Redevelopment Property Tax Trust Fund (RPTTF) (F+G) $ 3,652,607 $ -$ 3,652,607
F RPTTF 3,451,712 -3,451,712
G Administrative RPTTF 200,895 -200,895
H Current Period Enforceable Obligations (A+E) $ 7,565,081 $ -$ 7,565,081
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
Exhibit A - ROPS 21-22 Summary
South San Francisco
Recognized Obligation Payment Schedule (ROPS 21-22) - ROPS Detail
July 1, 2021 through June 30, 2022
A B C D E F G H I J K L M N O P Q R S T U V W
Item
# Project Name Obligation
Type
Agreement
Execution
Date
Agreement
Termination
Date
Payee Description Project
Area
Total
Outstanding
Obligation
Retired
ROPS
21-22
Total
ROPS 21-22A (Jul - Dec)
21-22A
Total
ROPS 21-22B (Jan - Jun)
21-22B
Total
Fund Sources Fund Sources
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
$31,529,656 $7,565,081 $- $- $3,912,474 $3,451,712 $200,895 $7,565,081 $- $- $- $- $- $-
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 7,073,582 N $7,073,582 - - 3,912,474 3,161,108 - $7,073,582 - - - - - $-
13 Oyster Point
Ventures
DDA
OPA/DDA/
Construction
03/23/
2011
11/11/2026 Various
contractors/
staff
DDA Section
5.2
Environmental
Indemnification
Merged 18,597,872 N $84,604 - - - 84,604 - $84,604 - - - - - $-
14 Oyster Point
Ventures
DDA
Project
Management
Costs
03/23/
2011
11/11/2026 Legal/Staff
costs
Soft project
management
costs
Merged 835,295 N $206,000 - - - 206,000 - $206,000 - - - - - $-
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 87,494 N $- - - - - - $- - - - - - $-
22 Train Station
Imprvmnts
Phase 1
Project
Management
Costs
03/11/
2009
12/31/2014 Staff Costs Soft project
management
costs
Merged 9,309 N $- - - - - - $- - - - - - $-
23 Train Station
Imprvmnts
Phase 2
Remediation 12/09/
2009
12/31/2014 Various
contractors
Site
remediation
per Cal Trans
Agrmt.
Merged 620,000 N $- - - - - - $- - - - - - $-
24 Train Station
Imprvmnts
Phase 2
Project
Management
Costs
12/09/
2009
12/31/2014 Legal/Staff
costs
Soft project
management
costs
Merged 148,115 N $- - - - - - $- - - - - - $-
48 Administration
Costs
Admin Costs 02/01/
2012
12/31/2014 Legal/Staff
costs
Costs to
administer
Successor
Agency
Merged 1,200,000 N $200,895 - - - - 200,895 $200,895 - - - - - $-
51 Accrued
PERS
Unfunded
Liabilities
01/01/
1980
06/30/2016 CalPERS Costs incurred
through 02/01/
Merged 168,800 N $- - - - - - $- - - - - - $-
A B C D E F G H I J K L M N O P Q R S T U V W
Item
# Project Name Obligation
Type
Agreement
Execution
Date
Agreement
Termination
Date
Payee Description Project
Area
Total
Outstanding
Obligation
Retired
ROPS
21-22
Total
ROPS 21-22A (Jul - Dec)
21-22A
Total
ROPS 21-22B (Jan - Jun)
21-22B
Total
Fund Sources Fund Sources
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
Pension
Obligations
2012
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 197,600 N $- - - - - - $- - - - - - $-
South San Francisco
Recognized Obligation Payment Schedule (ROPS 21-22) - Report of Cash Balances
July 1, 2018 through June 30, 2019
(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 18-19 Cash Balances
(07/01/18 - 06/30/19)
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 07/01/18)
RPTTF amount should exclude "A" period distribution
amount.
325,654 34,633,058 4,210,172 1,218,212 E: Funds reserved in Oyster Point Escrow
Account ($33,623,471) + Reserve Balances
applied to ROPS 18-19 ($340,442) and
ROPS 19-20 Item 48 ($136,234) + Excess
PPA from ROPS 19-20 ($532,911). F: Other
Funds reserved for ROPS 18-19 ($508,985)
and ROPS 19-20 ($389,263) + Other Funds
unspent from ROPS 17-18 ($424,440) +
Other Funds revenue in 17-18 ($2,887,484)
G: PPA applied to ROPS 19-20 ($626,343)
and ROPS 20-21 ($591,869).
2 Revenue/Income (Actual 06/30/19)
RPTTF amount should tie to the ROPS 18-19 total
distribution from the County Auditor-Controller
285,401 9,945,931 3,908,299 18,778,640 E: Deposits and interest earned Oyster Point
Escrow Account ($9,945,931). F: Other
Funds revenues from rents and interest
($414,452) Commercial Rehab Loan
($29,847), and City repayment for Oyster
Point "Advance to Other Funds" ($3,464,000)
3 Expenditures for ROPS 18-19 Enforceable Obligations 611,055 6,090,442 504,810 18,778,640 E: Oyster Point Escrow Account drawdowns
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 18-19 Cash Balances
(07/01/18 - 06/30/19)
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
(Actual 06/30/19) to make payments pursuant to DDA
($5,750,000) and Reserve Balances spent
per PPA 18-19 ($340,442). F and G: Matches
PPA 18-19
4 Retention of Available Cash Balance (Actual 06/30/19)
RPTTF amount retained should only include the amounts
distributed as reserve for future period(s)
38,488,547 3,701,187 1,218,212 E: Funds reserved inOyster 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). F:
Other Funds reserved for ROPS 19-20
($389,263) and 20-21 ($3,311,924). G: PPA
applied to ROPS 19-20 ($626,343) and
ROPS 20-21 ($591,869).
5 ROPS 18-19 RPTTF Prior Period Adjustment
RPTTF amount should tie to the Agency's ROPS 18-19 PPA
form submitted to the CAC
No entry required
6 Ending Actual Available Cash Balance (06/30/19)
C to F = (1 + 2 - 3 - 4), G = (1 + 2 - 3 - 4 - 5)
$- $- $- $3,912,474 $- F: Other Funds unspent from ROPS 18-19
($4,175) + Other Funds revenue in 18-19
($3,908,299)
South San Francisco
Recognized Obligation Payment Schedule (ROPS 21-22) - Notes
July 1, 2021 through June 30, 2022
Item # Notes/Comments
12
13
14
16
17
21
22
23
24
48
51
52
Description of Cost/Expense Amount Documentation
Staff salaries, benefits, and payroll taxes 135,000$
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 215,000$
Exhibit B - Administrative Budget for FY 21-22
Successor Agency to the Former South San Francisco Redevelopment Agency
ROPS 21‐22 Administrative Cost Allowance Budget
Period: 7/1/21 to 6/30/22