HomeMy WebLinkAbout23147 RESOLUTION NO. 23147
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
PALM SPRINGS, CALIFORNIA, ACTING SOLELY IN ITS
CAPACITY AS THE SUCCESSOR AGENCY TO THE CITY
OF PALM SPRINGS COMMUNITY REDEVELOPMENT
AGENCY, AND ACTING SOLELY IN ITS CAPACITY AS
THE HOUSING SUCCESSOR AGENCY TO THE CITY OF
PALM SPRINGS COMMUNITY REDEVELOPMENT
AGENCY, APPROVING THE SUCCESSOR AGENCY AND
HOUSING SUCCESSOR AGENCY BUDGETS FOR
FISCAL YEAR 2012-13, AND OTHER SUCH MATTERS AS
REQUIRED.
WHEREAS, in accordance with the provisions of the California Health and Safety
Code Section 34173, the City Council of the City of Palm Springs has been designated
and has accepted such designation of Successor Agency ("Successor') to the
Community Redevelopment Agency of the City of Palm Springs to carry out the
purposes of and exercise the powers granted to Successor Agencies in accordance
with Assembly Bill X1 26 (ABX1 26), Section 1.85 of Division 2,4 of the Health and
Safety Code; and
WHEREAS, pursuant to California Health and Safety Code Section 34176, the City
Council opted to retain the housing assets and functions previously performed by the
Community Redevelopment Agency, serving as the Housing Successor Agency to the
Palm Springs Community Redevelopment Agency; and
WHEREAS, pursuant to Section 34177(1)(2)(A), a Preliminary "Initial Recognized
Obligation Payment Schedule" ("IROPS") was prepared by the Successor Agency for
the enforceable obligations of the former Community Redevelopment Agency by
March 1, 2012; and
WHEREAS, the Preliminary Initial ROPS projected the dates and amounts of
scheduled payments for each enforceable obligation for the remainder of the time
period during which the redevelopment agency would have been authorized to obligate
property tax increment had such a redevelopment agency not been dissolved; and
WHEREAS, the Oversight Board of the former redevelopment agency, in
accordance with the provisions of the California Health and Safety Code Section 37179
(a), has been formed to carry out the purposes and exercise the powers granted to
Oversight Boards in accordance with Assembly Bill X1 26 (ABX1 26), Section 1.85 of
Division 24 of the Health and Safety Code; and
WHEREAS, the Oversight Board approved the ROPS for the period of July 1, 2012
to December 31, 2012, attached hereto as Exhibit "A" to this Resolution, at its regularly
scheduled meeting of May 1, 2012; and
Resolution No. 23147
Page 2
WHEREAS, such "Certified ROPS" was submitted to the State of California
Department of Finance, State Controller's Office, and the Riverside County Auditor-
Controller's Office by the statutory deadline of May 11, 2012; and
WHEREAS, the Certified ROPS for the period July 1, 2012 to December 31, 2012
has been prepared by the Successor Agency to the Community Redevelopment
Agency, the Director of Community & Economic Development,' and the Successor
Agency Treasurer; and
WHEREAS, the City Council of the City of Palm Springs, acting solely in its capacity
as the Successor Agency to the former Community Redevelopment Agency, has
approved ROPS and established the ROPS as the Successor Agency budget for the
first half of Fiscal year 2012-13; and
WHEREAS, the City Council of the City of Palm Springs, acting solely in its capacity
as the Housing Successor Agency to the former Community Redevelopment Agency,
agrees with the Housing Successor Agency budget recommended; and
WHEREAS, additionally, the City Council of the City of Palm Springs, acting solely in
its capacity as the Successor Agency to the former Community Redevelopment Agency,
and the Oversight Board, approved the Administrative Budget for the Successor Agency
for the period July 1, 2012 to December 31, 2012; and
NOW THEREFORE BE IT RESOLVED by the City Council of the City of Palm
Springs, acting solely in its separate capacities as Housing Successor Agency and the
Successor Agency of the Community Redevelopment Agency of the City of Palm
Springs, as follows:
Section 1. The City Council, as the Successor Agency's governing board has
established and approved the ROPS for the period of July 1, 2012 to December 31,
2012 in the form attached to this Resolution as Exhibit A. The City Council, as
Successor Agency, directed the City Clerk to cause the transmission of the ROPS to the
Riverside County Auditor-Controller, the State Controller's Office, and the State
Department of Finance, or alternatively to provide notice to those entities together with
the address of the City's website and the posting of the ROPS to the City's website.
Section 2. The Successor Agency found and determined that the establishment of a
ROPS is not a "project" requiring environmental review under the California
Environmental Quality Act (Public Resources Code Section 21000,1 et seq.) because it
pertains to governmental fiscal activities which do not involve any,commitment to any
specific project which may result in a potentially significant impact on the environment.
Section 3. The Successor Agency hereby recognizes that the ROPS serves as the
budget document for the Successor Agency during the designated operative period and
appropriated funds as identified, and that the adoption of the ROPS by the Successor
Agency Board for the January 1, 2013 to June 30, 2013 by the Successor Agency
Resolution No. 23147
Page 3
Board, and its subsequent approval by the Oversight Board, shall constitute the
adoption of the Successor Agency Budget for the second half of Fiscal year 2012-13.
Section 4. Any changes to the ROPS required by the Oversight Board, the
Riverside County Auditor-Controller, or the State of California and presented by the
Successor Agency to the Oversight Board and approved by the Oversight Board, shall
constitute an approved amendment to the Successor Agency budget without further
action by the Successor Agency Board.
Section 5. Any changes to the ROPS required by the Oversight Board, the
Riverside County Auditor-Controller, or the State of California and disputed by the
Successor Agency shall remain in the Successor Agency budget in suspension until
final determination of that item. If such item is to be removed, then the Successor
Agency shall follow Section 4 of this Resolution.
Section 6. The Successor Agency and Oversight Board have approved the
Administrative Budget for the Successor Agency during the designated operative period
and appropriated funds as identified. The Successor Agency Administrative Budget for
the period July 1, 2012 to June 30, 2013 is as follows:
Merged Area 1 Merged Area 2
Fund 870 Fund Fund 871 Fund
SUCCESSOR AGENCY
40000 Regular Employees 92,917 ACA 92,917 ACA
40100 Salary Charge/Other Accounts 2,500 ACA 2,500 ACA
41600 P.E.R.S. Contribution 26,894 ACA 26,894 ACA
41700 Medicare Tax 1,455 ACA 1,455 ACA
41900 Fringe Benefits 14,317 ACA 14,317 ACA
41920 RHS 240 ACA 240 ACA
Total Personnel Services 138,323 138,323
OTHER ADMIN COSTS
49000 Insurance 4,533 RPTTF 4,444 RPTTF
ROPS Building Rental 10,500 RPTTF 4,500 RPTTF
Rebate Consulting Services 2,500 2,500
ROPS Audit Services 10,000 RPTTF 6,000 RPTTF
ROPS General Legal Counsel 20,000 RPTTF 10,000 RPTTF
Bond Disclosure/Financial
ROPS Analysis 5,000 RPTTF 5,000 RPTTF
ROPS Trustee Fees 7,500 RPTTF 5,000 RPTTF
ROPS ROPS Consulting/Preparation 6,000 RPTTF 0 RPTTF
66,033 37,444
Note: ACA = 3% Administrative Cost Allowance under AB X1 26; RPTTF = Redevelopment Property Tax
Trust Fund
Section 7. The City Council of the City of Palm Springs, acting solely in its capacity
as the Housing Successor Agency to the former Community Redevelopment Agency,
Resolution No. 23147
Page 4
has reviewed and hereby approves the recommended Housing Successor Agency
budget for the designated operative period and appropriates the funds as identified.
The Housing Successor Agency Budget for the period July 1, 2012 to June 30, 2013 is
as follows:
Housing
Fund 874
SUCCESSOR AGENCY
40000 Regular Employees 129,191
40200 Temporary Employees 5,000
41600 P.E.R.S. Contribution 37,393
41700 Medicare Tax 2,093
41900 Fringe Benefits 18,194
41800 FICA 310
Total Personnel Services 192,181
OTHER ADM/N COSTS
49000 Insurance 892
ROPS Building Rental 1,000
ROPS Audit Services 606
ROPS General Legal Counsel 5,000
ROPS Bond Disclosure/Financial Analysis 1,,500
ROPS Trustee Fees 2,500
11,498
Note: ROPS = Items that are included in the Successor Agency ROPS as they are tied to Housing bond
issues, which remain a Successor Agency obligation, not a Housing Successor Agency obligation.
Section 8. Any changes to the Housing Successor Agency Budget due to any item
being disallowed on the Successor Agency ROPS by the Successor Agency Oversight
Board, the Riverside County Auditor-Controller, or the State of California and presented
by the Successor Agency to the Oversight Board and approved by the Oversight Board,
shall constitute an approved amendment to the Housing Successor Agency budget
without further action by the Successor Agency Board.
Section 9. Any changes to Housing Successor Agency Budget due to any item
being disallowed on the Successor Agency ROPS by the Successor Agency Oversight
Board, the Riverside County Auditor-Controller, or the State of California and disputed
by the Successor Agency shall remain in the Housing Successor Agency budget in
suspension until final determination of that item. If such item is to be removed the
Successor Agency shall follow Section 8 of this Resolution.
Section 10. The City Manager and City Clerk are hereby jointly authorized to
execute any professional services or contract specifically included in the approved
ROPS for the Fiscal Year 2012-13 Budget so long as such contract does not exceed the
amount so funded. The authority to enter into agreements pursuant to this provision
Resolution No. 23147
Page 5
shall be deemed complementary to and consistent with the authority to enter into
contracts provided in City Council Resolution No. 20271.
Section 11. The Director of Finance is authorized, at the end of the Fiscal Year
2011-12 and Fiscal Year 2012-13 through the closing of the accounting records for each
such fiscal year, to make and record appropriate intertund transfers and fund balance
transfers to appropriation accounts as required to properly account for and balance
activity accounts, programs and funds, prior to the completion of the fiscal year audit.
ADOPTED THIS 6T" DAY OF JUNE, 2012.
David H. Ready, City er
ATTEST:
7
ames Thompson, City Clerk
CERTIFICATION
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.
CITY OF PALM SPRINGS )
I, JAMES THOMPSON, City Clerk of the City of Palm Springs, hereby certify that
Resolution No. 23147 is a full, true and correct copy, and was duly adopted at a regular
meeting of the Community Redevelopment Agency of the City of Palm Springs on
June 6, 2012, by the following vote:
AYES: Councilmember Hutcheson, Councilmember Lewin, Councilmember Mills,
Mayor Pro Tem Foat, and Mayor Pougnet.
NOES: None.
ABSENT: None.
ABSTAIN: None.
ames Thompson, Clity Clerk / ZolZ
City of Palm Springs, California
Exhibit A
RECOGNIZED OBLIGATION PAYMENT SCHEDULE•CONSOLIDATED_
FILED FOR THE JULY 2012 to DECEMBER 2012 PERIOD
Name of Successor Agency City of Palm Springs as Successor Agency to the community Redevelopment Agency of the City of Palm Springs
Current
Total Outstandfng Total Due
Debt or Obligation During Fiscal Year
Outslandin Debt or Obligation $ 137,814,881.15 $ 7,869,006.92
Total Due for Sia Month Period
Outstanding Debtor Obligation S 2,692,403.50
Available Revenues other than anticipated funding from RPTTF $ 330,000.00
Enforceable Obligations paid with RP77F $ 2,227,403.50
Administrative Cost paid with RPTTF $ 125,000.D0
Pass-throe h Pa Ms 6d with RPTTF §
dminiabotive Albwanoa(oewe&3%Waelid"Fu V ft.l rrsm2se000.wte:C.h...lman.haaa an
indWa wuAaouph a.Ym.�N made vAN RPTIF.Tire RPTTF Ftlmlydatntive Con fiauro ebwe alaWe naleawed aYa
mvaatrative Coe(Arwsnce Rguro) S 250.000.00
CeniOo lion of Oversight Board Chairman:
Pursul Section 34177(l)of the Health and Safety code, 7Sre.-i a s p,AJ i N C Ai r2QERso�1
I hereby cert0y that the above is a true and accurate Recognized Name Title
Enforceable Payment Schedule for the above named agency.
bS NN ?OI Z
Ig ture Date
h..
O
SUCCESSOR AGENCYADMIN BUDGET
FebNaryJune2012 Annual
Budget Scores Monthly Feb Mar April May June Total
STAFF COSTS
40000 Regular Employees 2D6,481 ACA 17,207 17,207 17,207 17,207 17,207 17,207 86,034
Furlough -20,648 A (1,721) (1,721) (1,721) (1,721) (1,721) (1,721) (81603)
41600 RE.R.S.00Otdbudon 70,992 ACA 5.916 5.916 5.916 5,916 5,916 5,916 29,580
41900 Fringe Benefits 37,976 ACA 3,165 3,165 31165 3.165 3.165 3,165, 15,823
41920 R14S 300 ACA 25 25 25 25 25 25 125
To st Personnel Saviors 295.102 ACA 24,SM 24.592 24,592 24,592 24,592 24,592 122,9 99
Annual
Budget Source Feb Ma _ASP May June Total
OTHER NONACA ADMIN COSTS
490001rsaanw 19,736 ACA 4,9M 4,934 91868
49020 AdmNletra6ve Charges 292,241 ACA 73,060 73,060 146.121
Materials and Supplies 35,009 ACA 4.054 4,054 4,054 4,054 4,054 20,90
Building Rental 16,000 AC - - - - -
43250 Audit Services 11.000 ACA 3,000 3,124 - 6,124
43220 General Legal Counsel 57,700 ACA 6,656 6,656 6.656 6,656 6,656 33,280
43220 Redevelopment Speded Counsel 14,402 AC - - - - - -
43200 CaMMajul Services ACA
Hana88 Company AdvLlors 20,000 ACA 5,000 51000 5.000 5,000 20,000
Harts 6 Company Advisors 5,657 ACA 6,657 GAP
49600 Paying Agenl7Trustee Fee ACA
Bank of New York Mellon Trus 13,000 ACA 143 143
439N Talc 8,4113.00 ACA 4,200 4=
494,205 103,504 23,034 15,710 $8,704 I5,710 246,663
Total Admhdstre8ve Budget FebJun 2012 369,627 '
Total Recognized Obltlya80ns(P.2 a P.3) 7.434.716
Penenuge OfTotal 4.97%
'The Administrative Cost Allowance approved by the Spite of Califomia Department of Finance was$443,482.
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RRm
Name al Per-Nopmenl Agency C,OI Palm Spnnpa an 5uccssew PoencY N Ne CarvnuMN Re]evdapnenl Many d Ne Cu,0l Palm Spm% FORMA-ReEevNpgnmt Property Tax Trust Fund(RPM)Page
P"n,t Nealsl Merged ProW W.t and MW90 PrNecl No
RECOGNIZEO OSUGATION PAYMENT SCNEDUILE
Par AR 26-sxlbn Ja1T]try
ConuaNPgreemet Total We Dais, ••• Payalie M1am Me Redevel Pepmnt es Properly Tax Trust Fund(RPM)
Tdal Outstaring Fla.]Year Fundn9
Rn'ecl Name I Dahl Obligation E—lion Dab Pa ea Descri hoe Pr WArne Debt or OblieriUm 2012-2013" Source July 2012 Aug2012 S 12012 W2012 Wp 2012 Oec 2012 Tdd
1 eraWa —, 111820"C' of PelmS nn Ilablli hwnriw Ab ed1AM ed .865. 0977 D3 RPM 9488.50 $ 4,488.5
21 Comearve Aineenerat 11182011 CRy&Palm$pdnw BuilEln gRenlal Me edt ad 2 7500000 IS'NOc0 RPM 760000 75000
3 Cargill Admander 1/182011 C dPalmli nn Reliance;aM 2me86 Anne ACA MIAW 02 133 me, 2654000 RPRF 222050 222050 2220.50 2220.50 2220.50 2 2050 133230
4 Centred Senices-CmaWbn 1//42009 Came,Cmmaxedi Corrunke MnMnC Mnfi 1 100000.03 10800000 RPM 10800.03 loom. 1o8NO0 100low 4 43,2000
5 RPM
61 RPM $
] RPRF
ej RPM
oil i RPTff 1 $
101 RPM
11 RPM $
12 RPTTF
131 RPM` $
10 RFRF $
15 RPM
16 RPM $
171 RPM
I8 RPM
19 RPM $
20 RPM
21 RPM
22 RPM $
2J RPM $
_Z4l RPM $
25 RPTTF $
26 RPM $
2] RPM
20 RPM J13020.W
29 RPM
3 RPM
31 RPM
32) _
Tobla-T er,Page(REM Funding Page 2)—. -. - -- -- - - -- - 36111500 15862300 WA 14209.0 222050 $ 130200 13020.50 1302060 885115
ills PrWnbury Drafl Rxopn4ed 0M11V6m Payment SsnpMeIROPS)k ro ba cangaMd b)L1rz0121ry Bed aususaw allwry,and subeeprmly be approved[ry Me wxalOM lward Lelore8iaflnL R0P3 b wdnlXetl to Me BUb Contrdler wd SNIe DelurMaMdFlnenca by Ag1115,2012.111¢not a regWn edit Nat Ma Agrttd Upon
Premium AUAI be conpldeel Were subdmr g Me final Ovmipbt Approved ROPE to Na State Contrdlw and$tab Deparhnenl d Finance.
"NI MMb due duties fiscal year and payment amounla an prgecbd.
•'•Funding swnes hem Me successar agency:(For fiscal 2011-12 only,references to RPM cwM sled mean W NcnmxN allocated b Me Ageny Our b FeGuary 1.2012)
RPM-Romeakp rent Property Tax Trust Fund BdMs.Moral pr.. Older.mean..,renb,lnbnat aam4gs.etc
LMMF-IAW and Moderate Ncpne Housing Fund A6Mn-$YCCesew n A]minlstrative AlbWanw
w
Name 0 Redevelopment Agency: City M From Sprgs as 3uue55a Agency to Na Community Rionvaeoomem Agency of the City of Palm Springs FORMS-All Revenue Sour...Other Than Rodirmlopmem Properly Tire Trust Fred IRPTTF)
RqM Neals) demand pound No.t and Merged Roietl No.2
DRAFT RECOGIR EO OBLIGATION PAYMENTSCHEDULE
Per AN 26-SecHgn NbT(•)
Total We Tonne Payable from Other province Sources
ConlraNAyr¢emenl Tolnl Outstanding Fri.,Year Pa marls by monlM1
Proed Nara I Debt 01,11,1ion E.ecoeon Dale Payee Cescn Iron Pr tectAree feet or Obli alion 20122013^ Funding Source••• flV 2012 Aug2012 Sept 2012 Oct 2012 Nary 412 Doc 2012 Total
I Leas✓SubleaseAreement 1/19120W VIP IMws Proorl,Lease diamond 1 3.9600W.00 660.W3.W txase!—a 55000.00 5500000 MIWO.Po SSODO.W 55000.W 5500)M E 330000W
2
3 $
° $
s $
6 $
T
0
9 $
10 $
11
12
t3 $
3
15 $
i6
ll
IB $
19 $
20 $
21 E
22
23
2° $
25 $
26 $
271
2B
2 $
30 $
31 _ _ $
3
33)
Tollik,LMIHF WOO
Totals-13end Proceeds 0.00
Totals Other E 3960 W000 660.0Po.00 55 WOW $ $SOW 00 SS.000 pO SS.W000 $ SS.000W 3 %0000) $330000W
Grand total�Tus Page f 3960.Po0.00 $ 660003 C0 $ Ss 000.W 3 55,Ip300 f SS WO.Po S SS OCOW SSWO.Po $ MoolloPo 330000.W
• IDe Preliminary Orast Recogn4ed Ob11ga11on Passport Scratch,IROPS)or to b.mand,ried by L1k012 by Im..ccessor agen,.and subsequently be approvaO by Na wenlght board before the final ROPE A eubmlN.d tome Slate Comuderand Sl,b Department of Flores by Audi US,2012.It is not A requlramarO that the
Agreod Up..Procedure.Aud.ba camplMed before aub.Mng the final Oversight Approved ROPS to the State Controller and St Department of Finance.
^All total due during fiscal year AM payment A..are projected.
'••FUMirqspurt-4om Ind successor agency:IF-fiscal 2011-12 only,referexas to RPTTF court also mean Os IamrwM allocated to the Agency prior to FebmM 1,2012.)
It-Redevele mend PrapaM Tas Trust FOM BOMB-Bond proceeds Otherreservas.rare,,Interest earnings,etc
LMINF-Low and Moderate Income Housing,Fund Atlmin Successor Agency Administrates AllOwasles
r
.a.
Name of Redevelopment Agency City of Palm Springs as Successor Ageley to the Community Redevelopment Agency of the CM of Palm Sprirgs FORMC-AtlministoUve Cost Allowanw Paid With Redevelopment Property Tax Trust Fund(RPTTF)
Pmlect Areas) Merged Pralect No l and Merged Project No.2
DRAFT RECOGNIZED OBLIGATION PAYMENT SCHEDULE
Per AS 26-Section 34177(1
Payable from the Administrative Allowance Allocation"^
Total Duo During Pe memab month
ONstareing Fiscal Year Funding
Proud Name I Debt Obligation Pt ham Description Prolect Area Debt or Obfi anon W12-2013" Sen.- July 2012 A 2012 Se 12042 Oct 2012 Nov 2012 Dec 2012 Taut
1 Administrative Cool Allowarca City of Palm Stl s Overhead Cost Allocation Me ed 11mo ed2 5,51M000M0 250000.00 RPTTF 20,833.35 20.833.33 200333 20833.33 20.833.33 2083333 $ 125000.00
2
3
4
5
6
T
0 $
9
10
11 $
12 $
13
14
15
16 $
171
$
18 $
19
20
21 $
22
P
25
'26 $
27)
28 — - - - - -
$
E
8
Totals-This Page $ 5,500040.00 1 350000.0e 1 20,833.3- $ 30,833.33 20833.33 2083].]J S 208]].83 20833.33 $126,000.00
The Preliminary Drab Recognized Obll9a0on Payment Schedule(HOPS)Is to be completed by 31ll2012 by the successor a9ency,antl subsequently be apinoved by the oversight board before the final SOPS Is submitted to the Stale Controller and Stale Department of Finance by
Apri115.2012. His not abapirement that the Agreed Upon Procedures Audit becompleted before submitting the Mal CvenlghtAPProved ROPS to the Stale Coal and Suite Deparbnwt of Finance.
All total due during fiscal year and Payment amounts are projected
"'Funtling sources hum the euccceaor agency:(For fisca12011A2 only,refinedges to RPTTF could Mae..an her Increment allocated to the Agency ptlor to February 1,2012.)
RPTTF-Redevelopment Property Tax Trust Fund Bonds-Bond proceeds Other-reserves,rents,interest earnings.etc
LMIHF-Low and Moderate Income Housing Fund Admin-Successor Age"Administrative Allowance
^-Atlministntive Cost Allowance ceps are 5%of Form A fi p lh totals in 201142 and 3%of Forma 5-month totals In 2012-13.The calculation should not factor in pass through payeadents paid for with RPTTF in Form D.
F.
Cn
Name of Redevelopment Agency City of Palm Springs as Successor Agency to the Community Redevelopment Agency of the City of Palm Springs FORM D-Pass-Through Payments
Project Area(s) Merged Protect No l and Merged Protect No
OTHER OBLIGATION PAYMENT SCHEDULE
Per AS 2$-Section 30177 1')
Pass Through and Other Payments—
Total Due During Payments by month
Total Outstanding Fiscal year Source of
Pro ect Name I Debt Obligation Pa Description Proed Area Debt or Obli align 2012-2013" Fund--- July 2012 Aug2012 Set 2012 Oct 2012 Nov 2012 Dec 21312 Total
1 All PassMrou h Obll ations Will be Paid pv the County Auditor Controller Directly.not the Successor A pmay $
2 $
3 $
4 $
5 $
B $
$
8 $
9 Is
10 $
11 $
12 $
13 $
10 $
15 $
E
E
$
$
E
$
$
' E
8
$
$
Totals-Other Obll etons Is $ $ $ $ a $ $ a
The Preliminary Draft Recognized Obligation Payment Schedule CROPS)Is to be completed by 3112012 by Me successor agency,and subsequently be approved by Me oversight board before Me final BOPS Is submitted to Me State Controller and State Department of Finance ry
April 15,2012, It is not a requirement Mat Me Agreed Upon Procedures Audit be completed before submitting the final Oversight Approved ROPS to Me State Controller and State Department of Finance.
"All total due during fiscal year and payment amounts are projected.
Funding sources from Me successor agency: (For fiscal 2011.12 only,references to RPTTF could also mean tax increment allocated to Me Agency prior to February 1,2012.)
RPTTF-Redevelopment Property Tam Trust Fund Bonds-Bond proceeds Other-mamves,rents,interest earrdngs, to
LMIHF-Low and Moderate Income Housing Fund Admin-Successor Agency Adminletragve Allowance
" -Only the January through June 2012 RODS should Include expenditures for pass-through payments. Starting with Me July through December 2012 ROPS,per HSC section 0a183(a)(1).the county auditor controller will make the required pass-through payments prior to
I....I..Ing money Into Me successor agency's Redevelopment Obligation Retirement Fund for items listed in an oversight board approved RODS.
H
Name of Redevelopment Agency Community Redevelopment Agency of the City of Palm Springs Pagel of 6 Pages
Protect Area(s) Merged Protect No.1
INITIAL RECOGNIZED OBLIGATION PAYMENT SCHEDULE
Per AB 26-Sedlon 34167 and 34169
Total Outstanding
Debt or Oblgs on
as of June X Total Due Dun "
Poll Source of Pa ngras b momh
Pro ecl Name l Debt Obligation Pa ee Description 2011 Fiscal Year" Payment July-Des Jan" Feb Mar April May June Total
_11 2004 Tax Allocation Refunding Bonds Serves A Bank of New York Mellon Trust Refinance IW4 Tax Alocabon Bonds 24,470,886 1,947,267 RPTTF 824,564 1,122,703 1,122,703
_21 2007 Tax Allocation Bells Series A Bank of New Yolk Mallon Trust Capitol Protests 23,960,388 928,838 RPTTF 309,613 619,225 619,225
3 2007 Taxable Tax Allocation BorMs Sell B Bank of New York Mallon Trust Property Acquisition 3,856 458 175.941 RPTTF 55,647 117,294 117.294
4 SERAF Loans Low Mod Housing Fund Loans for FY 2009I10 and 2010111 SERAF P 5mg,m 1013,969 RPTTF 1,013969 1013,969
5 City Loan and Interest Removed by tie,CelBomia Department of Finance RPTTF 0 0
6 Loan Low Mod Housing Fund Loan to Merged Protect No.1 148632 74316 RPTTF 74,316 74316
71 Housing Deferral Repayment Law Mori l angF.nd Pr
e
-1986 Set Aside Deferrat 1 532 668 RPTTF 0
82004 Convention Center goods Citys of Pal. Ae Contribution to Convention Center& 29900000 1W0000 RPTTF fil 650000 650000
9 Agreement for Reimbursement Rentoyed by the California Department of Finance RPTTF 0 0 0
10 CooperalAgreement Mef PalmSprings Salaries am Benefits 4600000 214.]99 ACA 107399 17,900 17900 9,900 17900 1]900 17900 10],400
11 Coo retiveA rcement City f PalmSpring. Iwurerra 1813W 9.065 ACA 0533 2268 2266 4532
12 CooperativeA reement f Pe'MS 'n s AtlminisVagve Gha as 310.5200 15]2fi0 ACA ]8830 39315 39315 ]B,fi3013 Coo rativeA reement Palms rin s Matenals antl Su lies 338440 18822 ACA 5]58 18M Ill" 1,844 1,8d4 18" 1844 11.064
14 Coo relive A reement Palm S S BuiMi Rental 210 000 10500 ACA 10w 0
15 Contract Services-Audit Soil&Lun hard AuditServices 1M5o0 fi900 ACA 4400 TOMi6 Contract Services-L el ruOS rarilin General al Counsel 12466W 49784 ACA 15281 5]50 5.]50 5150 5]50 5]50 5,]53 34,503
1] Contract Services-L al est&K Redevelp ants 'al Counsel 14402 14402 ACA 14402 0
18 Contract Services-Consult Nova Consultin Consultin Services 3053 3053 ACA 3053 0
19 Contract Services-Coneulti n Commercial Cousulti Downtown Consultin 144000 144000 Fund Balance 54 000 15,000 15000 15,000 15 M 15 ow 15,000 KOOK)
20 Contract Services-Consulti r Marston Financial Anal 'sServices li,al 11640 Fund Balance Ii'm 0
21 Contract Services-Financial ll BCoroan Advisors BOM Disclosure and Financial Analsis 230000 10WO ACA 2500 250) 2500 2500 1o00D
22 2011O en PO-Audit SollB Lun hard Audit Services 1530 1530 Fund Balance 1530 0
23 2011 O PO-Finanial llBCom n Advisors Boll Disclosure and FirarrAal Awl sis 665] 665] ACA 665 _ 865]
24 Pro Tax — of Rive¢ide - Praperly Tax orrA aired - 8 000 _ 8,00 RPTTF 8.000 0 00O
25 Contract Services-OMer bad.rebata talc Various lVanous Consulting Services 138]79] 60339 ACA 339 lo.wo 10000 100W 10 kx, 10000 10Wo 60.000
26 Property Tax Collection Fees Renrioned by the Callbmia DeparMant of Finance 0 RPTTF 0
27 Bond Trustee Fees Bank of New York Mellon Trust Trustee Fees 161000 6.360 ACA 6360 0
28 Contract Services-ConauNn Ke ser Marston Consulting SeMces-Paci6c Hospitality 25243 25,243 RPTTF 0 25243 25243
29 Pacific Hospitality Judgment Pacific Hospitality Judgment as Determined by Court To be Determined To be Determined RPTTF 0 0
30 Contract Services-Fwncial Harrell&Company Advisors I EOPS and ROPS Consulting 6,538 UM ACA 0 6,538 6.538
0
Totals-This Page 100826781 6,203,223 2,160649 2.559.716 134013 54,494 60.994 92075 1.141282 4042.574
Totals-Page 2 9,353947 3180395 5495101 55.480 51199 657,848 250,400 250400 1315557 2580.884
Totals-Page 3 2634735 2634735 0 1289974 0 242.689 0 0 1.102072 2634735
Totals-Page 4 49,317138 1 4.404,0191 1140688 2444,549 48146 2fi 826 97,262 15145 601126 31262.918
Totals-Pages 1,419170 1419 70 0 495,36] 0 110]85 0 0 1 813018 1 1419170
Totals-Page 6 5
Grand total-All Pages, 1]]83005i 20fl6026 5873238 ].330093 2]0541 1114825 430452 424303 a 5.221505 14,]92376
RPTTF=Redevelopment Property Test Trust Fund
LMIHF=Low and Moderate Income Housing Fund "includes Bond Debt Service Due in August and September 2012
ACA=Administrative Cost Allowance
1�
Name of Redevelopment Agency: Community Redevelopment Agency of the CRY of Palm Springs Page 2 of 6 Pages
Project Animist Merged Pro nct No.1
INITIAL RECOGNIZED OBLIGATION PAYMENT SCHEDULE
Per AS 26.Section 34167 and 34169
otal Uutsurroing
Debt or Obligation
as of June W. Total Due During Source of Pa meMs by ra nih
Proura Name/[Jail Wi ation Pa ae Oesrn tin nil Fiscal Year Payment Jul-Dec Jan Feb Mar A dl May June Total
1 20110 en PO-Animal Shelter Allen F Smoot B Associates Animal Shelter Construction 32856 3 856 Bond Proceeds 32656 0
2 2011 0 nPO-Animal Shelter SwaWMeirs Architects Animal Sheller Constmoton 15479 15,479 Bond Proceeds 15479 0
3 2011 O n PO-Animal Sheller Planit Reprographics Animal Sheller Construction Bond Proceeds 0
2011 Open PO-Animal Shelter Ingersoll Rand Security Animal Sheller Construction 25934 25934 Bond Proceeds 25934 0
5 20110an PO-Animal Shatter West Test Communications Animal Sheler Phone System 9027 9027 9ord Proceeds 9027 0
6j 2011 O n PO-Animal SM1elter Moore Iacofan.Goltsman Downtown Erosion Bond Proceeds 0
] 2011 Open PO-Animal Shelter Schroer Mfg Co Animal Shelter Kennels and Intake Cages 17619 17.619 Bond Proceeds 17619 0
e 2011 0 o P0-Animal Sheller Lake State Industries Animal Shatter Cages, 4,469 4A59 Bond Proceeds 4,469 0
920110en PO-Construction Blot,E meerin SPalm Can m Widening 5198 5198 Fund Balance 5198 0
101 Grounds Maintenance Vanoua Operation ofA aired Property 160000 8000 RPTTF 6" 400 400 400 400 400 2000
111 Continuing A eo riations Various Animal Shelter Cona4uotion Bond Proceeds 98,915 98,915 Bond Proceeds 1 98.835 1 60 I 1 80
121 Continuing Appeonalions Various COD Master Plan 101 449 101449 Fund Balance 650 50 799 50 000 100]99
131 Continuing Appmpdabws Various Desert Fashion Plaza Vision 3 444 3 444 Fund Balance 3444 0
111 Confirming Appropriations Various Capital Projects 765 557 765,557 Fund Balance 250 000 250,000 250,000 15.55] 765,557
15 Dis stion and Develo mentA aamem Endure Investments Financial Assistance 5 ,rgxa 277,000 RPTTF 227000 227000
161 Dis ostlon and Davelo mentAgreement Endure Investments Financial Assistance 1,400000 RPTTF 0
171 Owner PadiduationAgreement VIP Motors Financial Assistance 900000 130446 RPTTF 130448 130,448
18 LeassfSUNeaseArerated VIP Morons Pronely Lease 3960000 385000 Lease Income 330000 55,0D0 55000
191 Flood Control Trust Fund Various Flood Control Tax Sharing AgeoU Acmunl 1,300 wo 1300000 RPTTF 1300.000 1.wo.wo
201 0
211 D
22 0
DI 0
24 — 0
5 _ — _. _ — — - - - - 0
26 0
271 0
28 0
29 0
wl, 0
31 0
32A 0
33 0
3a 0
35 0
36 0
37 0
38 0
39 0
do 0
Tomis-This Page 9.353,947 3,180.395 549,510 55,480 51,199 6A.848 250,400 250.400 1,315,55] 2,580.884
RPTTF=Redevelopment Property Tex Trust Fund
I"'LMMF=Low and Moderate Income Housing Fund
«hCA=Administrative Cast Allowance
Name of Redevelopment Agency Community Redevelopment Agency of the City of Palm Sndrws Page 3 of 6 Pages
Project Area(.) Merged For act No.1
INITIAL RECOGNIZED OBLIGATION PAYMENT SCHEDULE
Per AS 26-Section 34167 and 34169
ing
Debtor Obligation
as of June 30, Total Due During Source of Payments by month
Proecl Name/Dent OMi ation Payee Descn lion 2011 Fsoal Year Payment July-Dec Jan Feb Mar April May June Total
1 SB 211 Pa eat-Rivers my Riverside County_Tax Sharing Pursuant to Section 33607.7 8.691 8.691 RPTTF 8.691 8A91
2 SB 211 Payment-City of Palm S nn s City of Palm S n s Tax Snarin,Pursuant W Section 33fio7 7 95,765 98 765 RPTTF 96765 96.765
3 SB 211 Payment-Palm S dr s Unified School Di Palm Spain Unified Scnool District Tax gaining Pursuant to Section 33607.7 87957 87957 RPTTF 87957 87957
4 SB 211 Payment-Collee of the Desert Callao of the Desert Tax Sherri Pursuant to Section 336077 25,009 25009 RPTTF 25009 25,009
5 SB 211 Pament-Coun Office of Education County Office of Educaton Tax Sharw Pursuant to Section 336077 13.659 13659 RPTTF 13.659 13,659
8 SB 211 Pament-Riverside County Regional Pad Riversge County Regional Park Tax Shan Pursuant io Section 33607.7 1,419 1419 RPTTF 1419 1419
SB 211 Payment-Riyarsue County Flood Control Riverside County Flood Control Tax Seeing Pursuant to Secbon 3360).) 3140 3140 RPTTF 3140 3,140
8 SB 211 Pament-Cemeta District Cemetery DIeVict Tax Shari Pursuant to Sectlon 336W7 86 86 RPTTF 86 86
_91 SB 211 Payment-Hospital District Hospital District Tax Slbringi Pursuant to Section 33607) 6,661 6,661 RPTTF 6'"1 6,661
10 SB 211 Payment-Monition Abatement Distma Mostudo Abatement District Tax Sheri Pursuant to Section 33607.7 422 422 RPTTF 422 422
111 SB 211 Pa ent-Resource Conservation Dialect Resource Conservation District Tax Seems,Pursuant to Sernan 336077 40 40 RPTTF 40 40
12 SB 211 Pament-Coachella Valley Water District Coachella Valley Water Disldct Tax Sharma Pursuant to Section 336077 3 3 RPTTF 3 3
13 Sit 211 Payment CVWD Scorn Water District CVWD Storm Water Dlatriol Tax Shemat Pursuant to Section 33607.7 4 4 RPTTF 4 4
14 Contractual-RivemWe County Riverside County Tax Sheen Pursuantto Seoem33401 1197146 1191146 RPTTF 1197146 1197,146
151 Contractual-Riverside County Deferral Riverside County Tax Sheri Pursuant to Section 33401 De 530585 530585 RPTTF 530585 53g585
161 Con andual-Palm Surma Unified School District Palm Spinnos Unified Srdool District Tax Sloanno Pureua t to Section 33401 198,055 198,055 RPTTF 190 055 1ge,055
1] Contracbal-Col eof the Desert College of the Desert Tax Slimin,Pursuant to Section 33401 56,531 56531 RPTTF 56.531 56,531
18 Contractual-Coun Office of Education County Office of Eduoelion Tax Shed Pursuant to Sector 33401 30756 30756 RPTTF 30756 30756
19 Contractual-RNarside County Flood Control Riverside County Flood Control Tax Simi Pursuant to Section 33401 92828 92828 RPTTF 92828 92,828
20 Contacbal-Cameos District Censor,District Tax Slyefir,,Pursuant to Sectian 33401 4,105 4105 RPTTF 0105 4,105
2_11 Contractual-Mosquito Abatement District Mos udo Abatement District Tax Storm Pursuant to Section 33401 W.184 38184 RPTTF 38184 38,184
22 Contractual-Coachella Valle Water District Coachella Valley Water Distract Tax Shane Pursuant to Section 33401 0 0 RPTTF 0
23 Contractual-Desert Water A enc Desert Water A nc Tax Stuaring,Pursuant to S.d.n 33401 17657 17.557 RPTTF 17557 _ 17557
2_41 Contractual-Desert Water Agency DS Overrule Desert WalerAe S arsuanlJor Sachaso 3401 - 226432 225132 RPTTF - _ 225,132 225,132
- 0
28 0
2] 0
28 0
292 0
30 0
31 0
3211 0
33 0
34 1 0
251 1 1 0
36 0
3] 0
38 0
39 0
00 I i i 0
Toots-This page 26M,735 2,6M.735 1,289,974 p 242,689 0 0 1.102.072 2,634,735
RPTTF=Redevelopment Properly Tax Trust Fund
LMIHF=tow ant Mereste Ini Housing Furq
ACA=Administrative Cost Allowance
Name of Redevelopment Agency. Community Redevelopment Agency of the City of Palm Springs Page 4 of 6 Pages
Project Averts) Merged Pro ed No.2
INITIAL RECOGNIZED OBLIGATION PAYMENT SCHEDULE
otal Vulatemaing
Debtor Obligation
as of June 30, Total Due During Source of Pa ants by month
Project Name l Debt Obligation Pa Description 2011 Fiscal Year Payment Jul-Dec Jam' Feb Mar A al May June Total
1 2004 Tax Allocation Refunding Bonds Seres B Bank of New York Mellon Trust Refinance 1994 Tax Allocation Bonds 14 453293 1,003 284 RPTTF 390,628 612,756 612 756
2 2007 Taxable Tax Allocation Bonds,Series C Bank of New York Mellon Trust Prorseq Acquisibion 12,407,609 648,503 RPTTF 325.164 523 33g 523,339
_31 City Loan and Interest Remained by Me California Depart Dissuading and Administrative Caere RPTTF 0
4 Agreement for Reimbursement City of PalmSpring. PST-236 Lease 3401)000 122892 RPTTF 110000 12892 12892
5 Agreement for Reimbursement City of Palms ri s Sussunability I Partial Posloaroment cf PSL 236 Lease 1125436 1.125436 RPTTF 1125436 1125436
6 2004 Convention Center Bonds City of PalmSerious Agency Contribution to Convention Center E 6900000 300M RPTTF 150000 150000 150000
] Agreement for Reimbursement Removed by the California Department of Finance RPTTF 0 0
BilComerafiveAgrooment City of Palm Spring. Salaries and Benefits 5,W.M 214.198 ACA 107398 17900 17,900 17,900 17900 17900 17,900 107400
9 Cooanative,Agreement city of PalmSpring. Insurance 177760 8888 ACA 4,444 2222 2222 4444
10 Cooperative A reement City of Palms dos Admimartrefive Charges 1509220 75461 ACA 37596 18,798 18797 37595
Ill Coogeratim,Agreement City of Palm Some Materials and Supplies 212420 10621 ACA 2.701 1320 1.320 1 1320 1320 1 1.320 1 1320 7920
12 Cooperative A reement City of PalmSpring. Building Randal 90000 4501) ACA 4500
13 Contract Servloes-Autld Lance Sol B Lunhaml Audi(Sentices ]]600 3100 ACA 1,400 1.000 700 1,700
14 Contract Servicas-L al WassigurtfSpoullin General Legal Counsel 197900 7916 ACA 2.480 908 906 9W 906 906 906 54W
15 Conhact Services -Financial Hame119 Com any Advisors Bond Disclosure and Financial Analysis 184000 8000 ACA 2000 2000 2000 2.000 8000
16 Conned Services-Other e. .rebate talc Various Various Committing Servtces 460000 20000 ACA 4,1)00 4000 401R1 4,000 4000 20000
i] Bond Trustee Fees Bank of New York Mellon Trust Trustee Fees 161 t100 4,520 ACA 4 3T] 143
18 Property Tax Collection Fees County of Riverside SB 2557 Fees 1.846000 71,000 RPTTF 71,000 71,000
191 Flood Control Trust Fund Various Flood Control Tax Sliming Agency Account 57S,W0 575 000 RPTTF 5]5,00) 575 M
20
2111
22
23
25 —
26
2]
28
29
30
31
32
33
34
35
36
3]
38
39
40)
Totals-This Page $ 49,317,13800 4,404,019 1140,688 2,444549 45146 26.826 97,269 45,145 601,126 3,262,918
RPTTF=Redevelopment Properly Tax Trust Fund "Includes Bond Debt Service Due in August and September 2012
LMIHF=Low and Moderate Income Housing Fund
ACA=Administrative Cost Allowance
Name of Redevelopment Agency: Community Redevelopment AQ.m,y of the City of Palm Springs Page 5 of 6 Pages
Project Area(s) Merged Pro'ect No,2
INITIAL RECOGNIZED OBLIGATION PAYMENT SCHEDULE
Per AB 26-Section 34167 and 34169
Oa s n rig
Debt or Obllgafion
as of June 30, Total Dun Curile Source or Payment by month
Proect Name/Oast Obti ation Pa ea Desari Lion 2011 Fiscal Year Payment Jul-Dec Jan Feb Mar I April May June Total
_11 SB 211 Payment-Riverside County Riverside County Tax Sharmc,Pursuant to Section 33607.7 0 0 RPTTF 0 0
2 SB 211 Payment-City of Palm Springs City of Palm Sprinfis Tax Sharing Pursuant to Section 3W07] 33.470 33 Q0 RPTTF 33 410 33,470
3 SB 211 Payment-Palm SpdrNs Unfied School O Palm Springs Unified School District Tax Sharing Pursuant to Section 33607.7 6,554 6,554 RPTTF 6.554 6,554
4 SB 211 Payment-Colle a of the Desert College of the Desert Tax Sharino Pursuant to Section 33607J 1,871 1,871 RPUF 1871 1,871
5 S6211 Pament-Coun Office of Education County Office of Edocatlon Tax Strann,Pursuant to Section 336o7.7 1018 1018 RPTTF 1018 1018
6 SB 211 Pament-Riverside County Rigional Pa Riverside County Regional Park Tax Stranna Pursuant to Section 3360]] 492 492 RPTTF 492 492
] SB 211 Pament-Riverside County Flood Control Riverside County Flood Control Tax Sharing Pursuant to Section 3360]] a 0 RPTTF 0 0
e SB 211 Pament-Gamete Dlsakl Comata D.1rid T.Sharing Pursuant to Section 3360].] 180 180 iRPTTF 180 180
_91 SB 211 Payment-Hospital District Hospital District Tan Sharing Pursuant to Section 33601.7 2 304 2 304 RPTTF 2 W4 2,304
10 SB211 Payment-Mos uito Abatement District Mos uito Abatement District Tax Sitarm Pursuant o Section 3360]] 0 0 RPTTF 0 0
11 SB 211 Payment-Resource Conservation Nsrct Resource Conservation Distrid Tax Shanno Pursuant to Section 3360I.7 0 0 RPTTF 1 0 1 0
121 SB 211 Payment-Coachella Valley Water District Coachella Vatley Water District Tax Slbarm,Pursuant to Section 3MG7.7 0 0 RPnF 1 0 0
131 SB 211 Pa morn-CVWD Sloan Water DisMct CV WD Storm Water District Tax Sinquing Pursuant b Section 3 0].] 0 0 RPTTF 0 0
141 Contractual-Riverside County Riverside County Tax Sharing Pursuant to Section 33401 903110 W3110 RPTTF 451 555 451 555 903 110
151 Contractual-Palm Springs Unified School District Palm S n s United Sand DIWM Tax Shan Pursuant to SMion 33401 184,829 184829 RPTTF 184,829 184,829
161 Contractual-College of rim Desert College 0 the Desert Tax Sharing Pursuant to Section 33401 52,756 52 T56 RPTTF 52,756 52,756
171 Contractual-County Office of Education County Office of Education Tax Sharing Pursuant to Section 33401 31,109 31,109 RPTTF 31,109 31,109
181 Contractual-Riverside County Flood Control Riverside County Flood Control Tax Sharing Pursuant to Section 33401 60 T46 60 T46 RPTTF 43,812 16,934 60,746
19 Contractual Cemetary OlStnct CemeWW District Tax Sharing Pursuant to Section 33401 919 949 RPTTF 919 919
W2 Contractual-Mosquito Abatement District Mos dito Abatement Diee Tax Sherfing Pursuant to Section 33401 0 0 RPTTF 0 0
211 Contracual-Coachella Valley Water District Coachella valley Water District Tax Standing Pursuant to Section 33401 28027 29.027 RPTTF 29027 29,02]
221 Contractual-Crean Water Amen Amenw Desert Water Agency Tax Sharing Pursuant to SecUen 33401 8,257 8,257 RPTTF 8,257 8,257
!231 Contactual-Oeset Water Ageney DS Override Cesed Water Tax Shan Pursuant to Section 33401 102528 102528 RPTTF 102528 102528 -
24 __ -. _ _ _ — — — — 0
26 _- _ - _ _ _. _ - — 0
26 0
2] 0
28 0
29 0
30 0
31 0
3211 0
33 0
34 0
35 0
36 0
371 0
38 0
39 0
40 0
Totals This Page 1.419,170 1,419,170 495,367 0 110j85 0 01 813,018 1 1,419,170
t%:1 F=Redevelopment Property Ten Trust Fund
h MIHF=Low and Moderate bourne Housing Fund
ACA=Administa8va Cost Albwarce
Name of Redevelopment Agency'. Community Redevelopment Agency of the City of Palm Springs Page 6 of 6 Pages
Protect Alerts) Low and Moderate Income Houisng Fund 01,I19a1figns
INITIAL RECOGNIZED OBLIGATION PAYMENT SCHEDULE
Totalus ning
Debt or Oblgal on
as of June X Total Due During Source of Payments by month
project Name I Debt Obligation Payee Description 2011 Fiscal Year Payment Jul-Dec Jan" Feb Mar Aril I May June Total
1 2001 Housing Tax Allocation Bonds Bank of New York Mellon Trust Refinance 1991 Housing Tax Allocation Bon 5030290 834352 LMIHFIRPTTF 368B34 465518 465518
2 Housing Pro acts and P rams To Be Determined Restricted Sale Proceeds to be used for Low 162,630 162 630 LMIHF 162 6m 162.630
3 20%Housla,Set Aside Removed by One California De anent of Flnaeee RPTTF
4 Nighternale Manor Improvements Low Mud Housing Fund Low Mod Homelfig Pro act 60000 60000 LMIHF 60000 fi0,000
5 Sunset Palms A aliments Low Mod Housing Fund Lev Mgd Housing Naiad 15m,M 1,500000 LMIHF 1500,000
_61 N lik iaNSan Rafael Project Low Mod Housing Fund Low Mod H.oi Proect 4500 45m LMIHF 469 4031 4031
_71 Coo erativ.A reement City of Palms dos Salaries and Benefits 6m0000 232689 ACA 116.269 19,400 19400 194o0 19,400 191400 19400 116400
8 Cooperative Agreement City of Palm Spron. Insurance 38.660 1 1.783 ACA 892 446 448 892
91 CooiPenstiveA reemenl City of Palms dos Administrative Cha es 1195,800 59790 ACA 29,895 14948 1490 29896
10 Coo eol Agreement City of Palm S rin s Materials and Supplies 1524m 7,620 ACA 2,286 889 889 889 889 889 889 5 334
III Coop,mahve Agreement City of Palm SON. Building Rental 20,000 1,000 ACA 1 m0
12 Contract Sairl-Audit Lance Soil B Luninhard Audit Services 25m0 1000 ACA 606 394 394
13 Bond Trustee Fees Bank of New York Melon Trust Trustee Fees 22,000 2120 ACA 2,120
14 CoMrad Services-Financial Harrell B Company Advisors Bond!Disciosure and Financial Analysis 20.000 2,000 ACA 5m 500 500 500 2 Om
15 Contract Servicas-Othere .rebar.talc Various Various Consulting Services 50000 5000 ACA 1m0 tom 11000 10m 10m 5,000
16
1T
18
19
20
21
22
23
24 -
5
28
2]
28
29
30
31
32
33
34
35
36
3]
236
9
40
Totals This Page $ 14,2]8,280.m 2,874,484 2,022,391 485,807 37,183 22,183 21.789 36,683
248.4m B52,m5
,RPTTF=Redevelopment Property Tax Trust Fund "Includes Bond Debt Service Doom August and September 2012
x%-IMIHF-Low and Moderate Inwme Housing Food
L%'ACA=Administrative Cost Allowance