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OB- 12-02
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OB- 12-02
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Last modified
8/30/2012 4:39:53 PM
Creation date
8/30/2012 4:39:52 PM
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Regular
Agency Type
Oversight Board
Date
8/23/2012
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Exhibit A 6.Recommended 3rd ROPS Attachment 1 <br /> Name of Successor Agency: City of Redwood City <br /> Counry: San Matao 08/23/2012 <br /> RECOGNIZED OBLIGATION PAYMENT SCHEDULE(ROPS III)—Notes(Optional) <br /> January 1,2013 throu h June 30,2013 <br /> Item# Notes/Comments <br /> SERAF Repayment[34171(d)1 <br /> 3 (B)] Re a ment will be scheduled in FY 2013-14 ursuant to AB 1484.Accordin I amount due in FY 2012-13 has been reduced to zero. <br /> Capital improvements in the <br /> 5 downtown 34171 d 2 Per DOF's letter dated 04/27/12 it does not ualif for the E0.The Cit still believes that this is an enforceable obli ation and will be ursuin this with the DOF. <br /> Capital improvements in the <br /> 6 downtown 34171 d 2 Per DOF's letter dated 04/27/12 it does not uali for the E0.The Cit still believes that this is an enforceable obli ation and will be ursuin this with the DOF. <br /> General RDA project <br /> 9 administration 34171 d 1 E Second ROPS included$30,000 total due durin fiscal ear 2012-13.Revised estimates indicate that onl $10,000 will actuall be s ent. <br /> Property tax administration <br /> 10 34171 d 1 E This item is no lon er an obli ation of the Successor A enc as the Count conf rmed that it will be aid directl from the RPTTF. <br /> Project administration for <br /> 12 Bradford Street 34171 d 1 E This item is bein deferred b the Successor A enc. <br /> 611 Heller Street Affordable <br /> 13 Housin 34171 d 1 E This item is bein deferred b the Successor A enc. <br /> Housing projects administration <br /> 15 and monitorin 34171 d 1 E Second ROPS included$30,000 total due durin fiscal ear 2012-13.Revised estimates indicate that onl $10,000 will actuall be s ent. <br /> Oversight Board Legal Fees <br /> 16 34171 d 1 F As a result of a revised estimate from Board le al counsei the amount due in FY 2012-13 has been reduced from$48,000 to$39,000. <br /> Villa Montgomery-FCH[34171 <br /> 22 d 1 B This is a new line item to refled the obli ation to the Count of San Mateo for Count funds used to finance the Villa Mont ome housin ro'ed. <br /> 24 Due Dili ence Revie .34179.5 This is a new line item to reflect the estimated cost of the due dili ence reviews re uired b AB 1484. <br /> RESO OB 12-02 <br />
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