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HomeMy Public PortalAboutA 2020-10-06 LSAThis Agenda contains a brief general description of each item to be considered. Copies of the Staff reports or other written documentation relating to each item of business referred to on the Agenda are on file in the Office of the City Clerk and are available for public inspection. Any person who has a question concerning any of the agenda items may call the City Manager at (310) 603-0220, ext. 200. Procedures for Addressing the Council IN ORDER TO EXPEDITE CITY COUNCIL BUSINESS, WE ASK THAT ALL PERSONS WISHING TO ADDRESS THE COUNCIL SUBMIT YOUR COMMENTS IN ADVANCE TO CITYCLERK@LYNWOOD.CA.US OR FILL OUT A FORM PROVIDED AT THE PODIUM, AND TO TURN IT IN TO THE CITY CLERK PRIOR TO THE START OF THE MEETING. FAILURE TO FILL OUT SUCH A FORM WILL PROHIBIT YOU FROM ADDRESSING THE COUNCIL IN THE ABSENCE OF THE UNANIMOUS CONSENT OF THE COUNCIL. AGENDA City of Lynwood as Successor Agency to the Lynwood Redevelopment Agency TO BE HELD ON October 6, 2020 Live Meeting in Council Chamber - 11350 Bullis Road, Lynwood, CA 90262 - or - Web conference via ZOOM - To participate please join via Zoom or by telephone: 1-669-900-9128 or 1-253-215-8782 Meeting ID: 878 0665 1907 Passcode: 2020. If interpretation services are needed, please dial (310) 372-7549; conference code 673120 - Duly Posted 10/1/20 by MQ 6:00 PM 1.CALL TO ORDER 2.CERTIFICATION OF AGENDA POSTING BY SECRETARY 3.ROLL CALL OF MEMBERS Aide Castro, Mayor Jorge Casanova, Mayor Pro Tem Salvador Alatorre, Council Member Marisela Santana, Council Member Jose Luis Solache, Council Member PUBLIC ORAL COMMUNICATIONS (Regarding Agenda Items Only) NON-AGENDA PUBLIC ORAL COMMUNICATIONS THIS PORTION PROVIDES AN OPPORTUNITY FOR THE PUBLIC TO ADDRESS THE LYNWOOD SUCCESSOR AGENCY ON ITEMS WITHIN THE JURISDICTION OF THE LYNWOOD SUCCESSOR AGENCY AND NOT LISTED ON THE AGENDA. IF AN ITEM IS NOT ON THE AGENDA, THERE SHOULD BE NO SUBSTANTIAL DISCUSSION Lynwood Successor Agency - Page 1 of 31 OF THE ISSUE BY LYNWOOD SUCCESSOR AGENCY, BUT LYNWOOD SUCCESSOR AGENCY MAY REFER THE MATTER TO STAFF OR SCHEDULE SUBSTANTIVE DISCUSSION FOR A FUTURE MEETING. (The Ralph M. Brown Act, Government Code Section 54954.2 (a).) CONSENT CALENDAR ALL MATTERS LISTED UNDER THE CONSENT CALENDAR WILL BE ACTED UPON BY ONE MOTION AFFIRMING THE ACTION RECOMMENDED ON THE AGENDA. THERE WILL BE NO SEPARATE DISCUSSION ON THESE ITEMS PRIOR TO VOTING UNLESS MEMBERS OF THE COUNCIL OR STAFF REQUEST SPECIFIC ITEMS TO BE REMOVED FROM THE CONSENT CALENDAR FOR SEPARATE ACTION. 4.PREVIOUS MEETING MINUTES Comments: Approving previous meeting minutes for Lynwood Successor Agency (CC) September 15, 2020 Recommendation: Staff recommends that the Lynwood Successor Agency approve the following minutes: September 15, 2020 5.ADOPTION OF THE AMENDED RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS 20-21B) AND ADMINISTRATIVE BUDGET Comments: The City Council, as Successor to the Lynwood Redevelopment Agency will consider approving an amendment to the Recognized Obligation Payment Schedule (ROPS) for the period January 1, 2021 to June 30, 2021 (ROPS 20-21B Period), to facilitate the payment of “enforceable obligations”. (CD) Recommendation: Staff recommends that the City Council, as Successor to the Lynwood Redevelopment Agency, adopt the attached resolution entitled: “A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AS SUCCESSOR TO THE LYNWOOD REDEVELOPMENT AGENCY APPROVING AN AMENDMENT TO THE RECOGNIZED OBLIGATION PAYMENT SCHEDULE COVERING THE PERIOD OF JANUARY 1, 2021 TO JUNE 30, 2021 (ROPS 20-21B PERIOD)." ADJOURNMENT CITY OF LYNWOOD AS SUCCESSOR AGENCY TO THE LYNWOOD REDEVELOPMENT AGENCY MEETINGS WILL BE POSTED AS NEEDED. THE NEXT MEETING WILL BE HELD IN THE COUNCIL CHAMBERS OF CITY HALL ANNEX, 11350 BULLIS ROAD, CITY OF LYNWOOD, CALIFORNIA. Lynwood Successor Agency - Page 2 of 31 Agenda Item # 4. AGENDA STAFF REPORT DATE: October 6, 2020 TO: Honorable Mayor and Members of the City Council APPROVED BY: Michelle G. Ramirez, Acting City Manager PREPARED BY: Maria Quinonez, City Clerk Silvia Pineda, Assistant to the City Clerk SUBJECT: PREVIOUS MEETING MINUTES Recommendation: Staff recommends that the Lynwood Successor Agency approve the following minutes: September 15, 2020 Background: N/A Discussion and Analysis: N/A Fiscal Impact: N/A Coordinated With: N/A ATTACHMENTS: Description Regular Meeting LSA 09/15/20 Lynwood Successor Agency - Page 3 of 31 1 CITY OF LYNWOOD AS SUCCESSOR AGENCY TO THE LYNWOOD REDEVELOPMENT AGENCY MEETING MINUTES September 15, 2020 01. CALL TO ORDER Live Meeting in Council Chamber - 11350 Bullis Road, Lynwood, CA 90262 - or - Web conference via ZOOM - To participate please join via Zoom or by telephone: 1-669-900- 9128 or 1-253-215-8782 Meeting ID: 878 0249 8972 Passcode: 2020 Meeting was called to order at 6:49 p.m. Mayor Castro presiding. 02. CERTIFICATION OF AGENDA POSTING BY CITY CLERK City Clerk Quinonez announced the Agenda has been duly posted in accordance with the Brown Act. 03. ROLL CALL OF COUNCIL MEMBERS PRESENT: COUNCIL MEMBERS ALATORRE, SANTANA, SOLACHE, MAYOR PRO TEM CASANOVA AND MAYOR CASTRO ABSENT: NONE STAFF PRESENT: Acting City Manager Ramirez, City Attorney Tapia, City Clerk Quinonez, Technology Director Han, City Treasurer Camacho PUBLIC ORAL COMMUNICATIONS (Regarding Agenda Items Only) NONE NON-AGENDA PUBLIC ORAL COMMUNICATIONS NONE CONSENT CALENDAR 04. PREVIOUS MEETING MINUTES MOTION: It was moved by Mayor Pro Tem Casanova seconded by Council Member Santana to approve the consent calendar. Motion carried by unanimous consent. ROLL CALL: Lynwood Successor Agency - Page 4 of 31 2 AYES: COUNCIL MEMBERS ALATORRE, SANTANA, SOLACHE, MAYOR PRO TEM CASANOVA AND MAYOR CASTRO NOES: NONE ABSTAIN: NONE ABSENT: NONE ADJOURNMENT Having no further discussion, it was moved by Mayor Pro Tem Casanova, seconded by Council Member Solache to adjourn the City of Lynwood as Successor Agency to the Lynwood Redevelopment Agency Meeting at 6:51 p.m. Motion passed by unanimous consent ROLL CALL: AYES: COUNCIL MEMBERS ALATORRE, SANTANA, SOLACHE, MAYOR PRO TEM CASANOVA AND MAYOR CASTRO NOES: NONE ABSTAIN: NONE ABSENT: NONE __________________________ __________________________ Maria Quinonez, City Clerk Aide Castro, Mayor Lynwood Successor Agency - Page 5 of 31 Agenda Item # 5. AGENDA STAFF REPORT DATE: October 6, 2020 TO: Honorable Mayor and Members of the City Council APPROVED BY: Michelle G. Ramirez, Acting City Manager PREPARED BY: Michelle G. Ramirez, Director of Community Development SUBJECT: ADOPTION OF THE AMENDED RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS 20-21B) AND ADMINISTRATIVE BUDGET Recommendation: Staff recommends that the City Council, as Successor to the Lynwood Redevelopment Agency, adopt the attached resolution entitled: “A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AS SUCCESSOR TO THE LYNWOOD REDEVELOPMENT AGENCY APPROVING AN AMENDMENT TO THE RECOGNIZED OBLIGATION PAYMENT SCHEDULE COVERING THE PERIOD OF JANUARY 1, 2021 TO JUNE 30, 2021 (ROPS 20- 21B PERIOD)." Background: Pursuant to Health and Safety Code 34177.7(o)(1)(E), once per Recognized Obligation Payment Schedule (ROPS) period, and no later than October 1st, a Successor Agency may submit one amendment to the Recognized Obligation Payment Schedule, if the Consolidated Oversight Board makes a finding that a revision is necessary for the payment of approved enforceable obligations during the second one-half of the Recognized Obligation Payment Schedule period, which shall be defined as January 1st to June 30th, inclusive. The Amended ROPS 20-21B was due to the California Department of Finance (DOF) on October 1, 2020. To meet this deadline, staff scheduled the Amended ROPS 20-21B for consideration and approved by the Consolidated Oversight Board on September 25, 2020. Discussion and Analysis: On January 31, 2020, DOF received the Consolidated Oversight Board approved ROPS 20-21. On April 14, 2020, the DOF rendered its final determination on the Successor Agency’s 2020-21 Annual Recognized Obligation Payment Schedule, attached hereto as Attachment B. Lynwood Successor Agency - Page 6 of 31 Staff requests the following amendments to ROPS 20-21B: Item No. Description. Total Outstanding Balance ROPS 20-21B Amount Amended ROPS 20-21B Funding Source 6 Bond issue to fund non housing $16,168,644* *(Adjust per Finance)$0 $800,000 Bond Proceeds (2011 TAB Series A Findings that Revisions are Necessary The Consolidated Oversight Board must make a finding that a revision is necessary for the payment of approved enforceable obligations during the second one-half of the ROPS period (January 1, 2020 to June 30, 2021). The resolution approving these Amended ROPS includes the ability for City’s Finance Director, or his designee, to make changes to the Amended ROPS to comport with any revision requests from the Finance and Administration Services Department. Item No. 6 Item No. 6 represents the balance of 2011 tax allocation Bond proceeds held by the Successor Agency due to the dissolution of the Lynwood Redevelopment Agency. Health and Safety Code Section 34191.4(c) allows for the expenditure of limited bond proceeds provided certain requirements be satisfied. Based on the criteria outlined is this section, the Agency qualifies to use up to 5% of the balance in the 2011 Series A Tax Allocation Bond Series. Due to the recent events befallen on Lynwood and the need for financial resources, funds were recently identified for use as a resource to stabilize Successor Agency obligations and to provide additional improvements consistent with the intended use for the benefit of the Successor Agency Project Areas. As a result, the Successor Agency requests that the submitted 20-21 ROPS be amended to include a bond proceed allocation adjustment for 20-21B period line item No. 6 from zero to an amount of $800,000. Administrative Budget Pursuant to Health and Safety Code Section 34177(j), a Successor Agency is required to prepare a proposed administrative budget and submit it to the Consolidated Oversight Board for its approval. Item 60 on the Amended ROPS 20-21B reflects the administrative budget request. Staff is requesting no changes to the administrative cost allowance for the ROPS 20-21B period. Fiscal Impact: If the Successor Agency had not submitted an amended ROPS 20-21B by October 1, 2020, then the Successor Agency may not have been able to meet some of its obligations. Coordinated With: Executive Director's Office Agency Counsel Finance and Administration Department Lynwood Successor Agency - Page 7 of 31 ATTACHMENTS: Description Attachment A - Resolution Exhibit A – Amended ROPS 20-21B Attachment B - California Department of Finance – April 14, 2020 Letter Attachment C – COB Approved ROPS 20-21 Attachment D – DOF Finding of Completion Attachment E - Health and Safety Code 34191.4(c) Lynwood Successor Agency - Page 8 of 31 1 SUCCESSOR AGENCY RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AS SUCCESSOR TO THE LYNWOOD REDEVELOPMENT AGENCY APPROVING AN AMENDMENT TO THE RECOGNIZED OBLIGATION PAYMENT SCHEDULE COVERING THE PERIOD OF JANUARY 1, 2021 TO JUNE 30, 2021 (ROPS 20-21B PERIOD) WHEREAS, pursuant to Health and Safety Code (HSC) section 34177(o)(1)(E), the Successor Agency may submit one Recognized Obligation Payment Schedule (ROPS) amendment for each period; and WHEREAS, the amended ROPS must be approved by the Consolidated Oversight Board and submitted to the State Department of Finance no later than October 1; and WHEREAS, the Consolidated Oversight Board must make a finding that the revision is necessary for payment of approved enforceable obligations during the second half of the ROPS period (January 1 to June 30); and WHEREAS, the Successor Agency may only amend the amounts authorized for payment of approved enforceable obligations. NOW, THEREFORE, THE SUCCESSOR AGENCY BOARD DOES HEREBY RESOLVE AS FOLLOWS: Section 1. Recitals. The Recitals set forth above are true and correct and incorporated herein by reference. Section 2. Finding that Revision is Necessary. To the extent necessary and appropriate, the Successor Agency ratifies, approves, and agrees with the Consolidated Oversight Board finding that a revision is necessary for the payment of approved enforceable obligations during the second one-half of the Recognized Obligation Payment Schedule period. Section 3. Approval to adopt the Amended Recognized Obligation Payment Schedule 20-21B. The Successor Agency hereby approves the Amended ROPS 20-21B, in substantially the form attached hereto as Exhibit A. Section 4. Authorization to Make Changes. To avoid any civil penalty that may be imposed, the Successor Agency authorizes the Lynwood Finance Director or his or her designee to make any reformatting changes pursuant to any direction from the State Department of Finance or correct validation errors. Lynwood Successor Agency - Page 9 of 31 2 Section 5. Posting; Transmittal to Appropriate Agencies. The Lynwood Finance Director is authorized and directed to post a copy of the Amended ROPS 20-21B on the City’s website. The Lynwood Finance Director or his or her designee is further authorized and directed to transmit, by mail or electronic means, to the County Auditor-Controller, the State Controller, County Chief Administrative Officer and the State Department of Finance a copy of the Amended ROPS 20-21B and to respond to questions and request for documents, and information from the County and State agencies relating to the Amended ROPS. Section 6. Approval to adopt the Administrative Budget. The Successor Agency adopts the Administrative Budget as included in the Amended ROPS 20-21B. Section 7. This resolution shall be effective immediately upon its adoption. Section 8. The City Clerk shall certify to the adoption of this resolution and hereafter the same shall be in full force and effect. PASSED, APPROVED and ADOPTED this 6th day of October 2020. ________________________________ Aide Castro Mayor ATTEST: __________________________ ________________________________ Maria Quinonez Michelle Ramirez City Clerk Acting City Manager APPROVED AS TO FORM: __________________________ Noel Tapia City Attorney Lynwood Successor Agency - Page 10 of 31 Amended Recognized Obligation Payment Schedule (ROPS 20-21B) - Summary Filed for the January 1, 2021 through June 30, 2021 Period Successor Agency: Lynwood County: Los Angeles Current Period Requested Funding for Enforceable Obligations (ROPS Detail) ROPS 20-21B Authorized Amounts ROPS 20-21B Requested Adjustments ROPS 20-21B Amended Total A Enforceable Obligations Funded as Follows (B+C+D) $ - $ 800,000 $ 800,000 B Bond Proceeds - 800,000 800,000 C Reserve Balance - - - D Other Funds - - - E Redevelopment Property Tax Trust Fund (RPTTF) (F+G) $ 2,242,023 $ - $ 2,242,023 F RPTTF 2,117,023 - 2,117,023 G Administrative RPTTF 125,000 - 125,000 H Current Period Enforceable Obligations (A+E) $ 2,242,023 $ 800,000 $ 3,042,023 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 Lynwood Successor Agency - Page 11 of 31 Lynwood Amended Recognized Obligation Payment Schedule (ROPS 20-21B) - ROPS Detail January 1, 2021 through June 30, 2021 Item # Project Name Obligation Type Total Outstanding Obligation Authorized Amounts Total Requested Adjustments Total Notes Fund Sources Fund Sources Bond Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF Bond Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF $58,067,346 $- $- $- $2,117,023 $125,000 $2,242,023 $800,000 $- $- $- $- $800,000 6 2011 Tax Allocation Bonds Series A Bonds Issued After 12/ 31/10 $14,723,030 - - - - - $- 800,000 - - - - $800,000 7 2011 Tax Allocation Bonds Series A Reserves $1,596,376 - - - 1,100,688 - $1,100,688 - - - - - $- 8 2011 Tax Allocation Bonds Series B Bonds Issued After 12/ 31/10 $8,068,199 - - - - - $- - - - - - $- 9 Bond Oversight Project Management Costs $- - - - - - $- - - - - - $- 11 1999 City and Agency Cooperation Agreement (#7) City/County Loan (Prior 06/28/11), Cash exchange $338,836 - - - - - $- - - - - - $- 15 Agreement - The Gardens OPA/DDA/Construction $989,430 - - - 23,010 - $23,010 - - - - - $- 18 Agreement -Unemployment Miscellaneous $- - - - - - $- - - - - - $- 20 Notice of Entry of Judgment - Rogel v LRA (Case No. BS106592) SEE NOTES FOR SUPPLEMENT Litigation $19,475,284 - - - - - $- - - - - - $- 21 Notice of Entry of Judgment - Rogel v LRA (Case No. BS106592) SEE NOTES FOR SUPPLEMENT Litigation $- - - - - - $- - - - - - $- 22 Order Awarding Plaintiffs Attorneys' Fees and Costs.(Case No. BS106592) SEE NOTES FOR SUPPLEMENT Litigation $1,943,315 - - - 103,484 - $103,484 - - - - - $- 23 Notice of Entry of Judgment - Rogel v LRA (Case No. BS106592) SEE NOTES FOR SUPPLEMENT Litigation $150,000 - - - 75,000 - $75,000 - - - - - $- 24 Notice of Entry of Judgment - Rogel v LRA (Case No. BS106592) SEE NOTES FOR SUPPLEMENT Litigation $- - - - - - $- - - - - - $- 44 Cox Castle & Nicholson (LRA v. Barry Ross, et all (Case No. CV11 02207)) & Recoup Clean up Cost and Damages at Brownfield areas Litigation $- - - - - - $- - - - - - $- 45 Contract- Remediation Remediation $- - - - - - $- - - - - - $- 48 Agreement -All Counsels- Pending Litigations Litigation $- - - - - - $- - - - - - $- 50 LRA v. Barry Ross, et all (Case No. CV11 02207) - Recoup Clean up Cost and Damages Litigation $- - - - - - $- - - - - - $- 57 Bond Funded Projects Improvement/ Infrastructure $- - - - - - $- - - - - - $- 60 Administrative Cost Allowance Admin Costs $250,000 - - - - - $- - - - - - $- 68 Oversight Agreement - DTSC Professional Services $- - - - - - $- - - - - - $- Lynwood Successor Agency - Page 12 of 31 Item # Project Name Obligation Type Total Outstanding Obligation Authorized Amounts Total Requested Adjustments Total Notes Fund Sources Fund Sources Bond Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF Bond Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF 69 Agreement - DTSC Project Management Costs $- - - - - - $- - - - - - $- 73 Agreement OPA/DDA/Construction $- - - - - - $- - - - - - $- 74 Agreement Project Management Costs $- - - - - - $- - - - - - $- 76 Property Disposition of Successor Agency properties Property Dispositions $- - - - - - $- - - - - - $- 81 ENA - Northgate OPA/DDA/Construction $- - - - - - $- - - - - - $- 86 2011 Tax Allocation Bonds Series B Bonds Issued After 12/ 31/10 $194,031 - - - - - $- - - - - - $- 87 Difference between approved actual RPTTF funding received and DOF approved enforceable obligations RPTTF Shortfall $778,611 - - - - - $- - - - - - $- 92 Tax Allocation Revenue Refunding Bonds (Project Area A), Series 2013 A Revenue Bonds Issued After 12/31/10 $8,052,796 - - - - - $- - - - - - $- 93 Tax Allocation Revenue Refunding Bonds (Project Area A), Series 2013 A -Reserve Reserves $912,244 - - - 771,122 - $771,122 - - - - - $- 94 Alameda Project Area Tax Allocation Refunding Bonds, Series 2013A Revenue Bonds Issued After 12/31/10 $557,694 - - - 6,219 - $6,219 - - - - - $- 95 Alameda Project Area Tax Allocation Refunding Bond, Series 2013A- Reserve Revenue Bonds Issued After 12/31/10 $37,500 - - - 37,500 - $37,500 - - - - - $- 101 2010 Promissory Note City/County Loan (Prior 06/28/11), Cash exchange $- - - - - - $- - - - - - $- Lynwood Successor Agency - Page 13 of 31 Lynwood Successor Agency - Page 14 of 31 Lynwood Successor Agency - Page 15 of 31 Lynwood Successor Agency - Page 16 of 31 Recognized Obligation Payment Schedule (ROPS 20-21) - Summary Filed for the July 1, 2020 through June 30, 2021 Period Successor Agency: Lynwood County: Los Angeles Current Period Requested Funding for Enforceable Obligations (ROPS Detail) 20-21A Total (July - December) 20-21B Total (January - June) ROPS 20-21 Total A Enforceable Obligations Funded as Follows (B+C+D) $ - $ - $ - B Bond Proceeds - - - C Reserve Balance - - - D Other Funds - - - E Redevelopment Property Tax Trust Fund (RPTTF) (F+G) $ 6,346,619 $ 2,242,023 $ 8,588,642 F RPTTF 6,221,619 2,117,023 8,338,642 G Administrative RPTTF 125,000 125,000 250,000 H Current Period Enforceable Obligations (A+E) $ 6,346,619 $ 2,242,023 $ 8,588,642 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 Lynwood Successor Agency - Page 17 of 31 Lynwood Recognized Obligation Payment Schedule (ROPS 20-21) - ROPS Detail July 1, 2020 through June 30, 2021 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 20-21 Total ROPS 20-21A (Jul - Dec) 20-21A Total ROPS 20-21B (Jan - Jun) 20-21B Total Fund Sources Fund Sources Bond Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF Bond Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF $58,067,346 $8,588,642 $- $- $- $6,221,619 $125,000 $6,346,619 $- $- $- $2,117,023 $125,000 $2,242,023 6 2011 Tax Allocation Bonds Series A Bonds Issued After 12/31/10 03/07/ 2011 03/01/2038 US Bank Corp Bond issue to fund non housing projects Project Area A 14,723,030 N $- - - - - - $- - - - - - $- 7 2011 Tax Allocation Bonds Series A Reserves 03/07/ 2011 03/01/2038 US Bank Corp H&S34171(d)(1)(A) To hold reserve for future Debt Service payment due to uneven semi- annual debt service payment. Project Area A 1,596,376 N $1,596,376 - - - 495,688 - $495,688 - - - 1,100,688 - $1,100,688 8 2011 Tax Allocation Bonds Series B Bonds Issued After 12/31/10 03/07/ 2011 03/01/2038 US Bank Corp Bond issue to fund housing projects Project Area A 8,068,199 N $391,394 - - - 391,394 - $391,394 - - - - - $- 9 Bond Oversight Project Management Costs 10/02/ 1999 03/01/2038 Various vendors, staffing cost, City of Lynwood, misc. costs and legal cost. Costs relating to disclosure (NBS, BLX) Oversight on bonds to ensure compliance with covenants, accounting and disclosure requirements. Financial Statements. Bank Fees. Adjustments made the the Trustees to cover reserve requirements. Bond disclosures Project Area A & Alameda - N $- - - - - - $- - - - - - $- 11 1999 City and Agency Cooperation Agreement (#7) City/County Loan (Prior 06/28/11), Cash exchange 09/07/ 1999 09/30/2019 City of Lynwood Loan to carry out 3100 E. Imperial Hwy project (34167(d)(2) H&S) Project Area A 338,836 N $- - - - - - $- - - - - - $- 15 Agreement - The Gardens OPA/DDA/ Construction 02/23/ 2009 02/23/2064 Atlantic Gardens formerly Cedars Engineering Annual Rental Subsidy (The Gardens). Rental apartment housing to qualified seniors. Low and Very Low Income. Project Area A & Alameda 989,430 N $23,010 - - - - - $- - - - 23,010 - $23,010 18 Agreement -Unemployment Miscellaneous 07/01/ 2016 06/30/2018 Various employees, misc. cost, & Unemployment obligation incurred if Agency ceases to Project Area A & - N $- - - - - - $- - - - - - $- Lynwood Successor Agency - Page 18 of 31 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 20-21 Total ROPS 20-21A (Jul - Dec) 20-21A Total ROPS 20-21B (Jan - Jun) 20-21B Total Fund Sources Fund Sources Bond Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF Bond Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF staffing cost exist or employees are terminated. (H&S 34171(d)(1)(C)(H&S 34167(d)(3)) Alameda 20 Notice of Entry of Judgment - Rogel v LRA (Case No. BS106592) SEE NOTES FOR SUPPLEMENT Litigation 03/23/ 2009 06/30/2015 Housing Authority: LMIHAF Re. Notice of Ruling Re. Order March 23, 2009 and Notice of Entry of Judgment April 23, 2013 . Taking into account units already constructed, 65 units remain to be produced by March 31, 2015. 51 units must be restricted to very low income. Project Area A & Alameda 19,475,284 N $4,000,000 - - - 4,000,000 - $4,000,000 - - - - - $- 21 Notice of Entry of Judgment - Rogel v LRA (Case No. BS106592) SEE NOTES FOR SUPPLEMENT Litigation 04/23/ 2013 06/30/2015 LMIHAF Notice of Entry of Judgment (April 23, 2013). Outstanding debt to the LMIHF. (Case # BS106592)] Project Area A - N $- - - - - - $- - - - - - $- 22 Order Awarding Plaintiffs Attorneys' Fees and Costs.(Case No. BS106592) SEE NOTES FOR SUPPLEMENT Litigation 03/23/ 2009 06/30/2015 Counsels for Plaintiffs (Public Counsel Law Center) Order Awarding Plaintiffs Attorneys' Fees and Costs. Project Area A & Alameda 1,943,315 N $206,968 - - - 103,484 - $103,484 - - - 103,484 - $103,484 23 Notice of Entry of Judgment - Rogel v LRA (Case No. BS106592) SEE NOTES FOR SUPPLEMENT Litigation 03/23/ 2009 06/30/2015 Consultant to serve as "Administrator" Re. Notice of Ruling Re. Order March 23, 2009 and Notice of Entry of Judgment April 23, 2013 . Court Ruling requires hiring of "Administrator." Project Area A & Alameda 150,000 N $150,000 - - - 75,000 - $75,000 - - - 75,000 - $75,000 24 Notice of Entry of Judgment - Rogel v LRA (Case No. BS106592) SEE NOTES Litigation 03/23/ 2009 06/30/2015 Staffing cost,MDG, misc. costs, Kane Ballmer and Berkman; Agency Re. Notice of Ruling Re. Order March 23, 2009 and Notice of Entry of Judgment April 23, 2013 .Order Project Area A & Alameda - N $- - - - - - $- - - - - - $- Lynwood Successor Agency - Page 19 of 31 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 20-21 Total ROPS 20-21A (Jul - Dec) 20-21A Total ROPS 20-21B (Jan - Jun) 20-21B Total Fund Sources Fund Sources Bond Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF Bond Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF FOR SUPPLEMENT Counsel; Oversight Board Counsel. Awarding Plaintiffs Attorneys' Fees and Costs.(Case No. BS106592) 44 Cox Castle & Nicholson (LRA v. Barry Ross, et all (Case No. CV11 02207)) & Recoup Clean up Cost and Damages at Brownfield areas Litigation 07/01/ 2016 06/30/2018 Cox Castle and Nicholson & Agency Counsel & staffing costs Complaint for Damages -Agency Special Counsel for remediation of Imperial Hwy (Alameda Triangle; State/East Imperial; and Northgate project Brownfield area. Long Beach Blvd./Josephine St. Project Area A - N $- - - - - - $- - - - - - $- 45 Contract- Remediation Remediation 07/01/ 2016 06/30/2018 Special counsel, Agency Counsel & Environmental Consultants Agency Special Counsel for remediation of Imperial Hwy. and other Brownfield area Project Area A & Alameda - N $- - - - - - $- - - - - - $- 48 Agreement -All Counsels- Pending Litigations Litigation 07/01/ 2016 06/30/2018 Special counsels, Agency Counsel, staffing costs, fiscal consultants, environmental consultants Attorneys costs (pending litigation) & (LAUSD v County of Los Angeles, et al (3/29/2007); Northgate; etc.). legal fees incurred in connection with Lynwood and DOF v. Rogel, Case No. 23-2013-80001520 H&S 34171d; Lynwood Successor Agency v. DOF Project Area A & Alameda - N $- - - - - - $- - - - - - $- 50 LRA v. Barry Ross, et all (Case No. CV11 02207) - Recoup Clean up Cost and Damages Litigation 03/15/ 2011 06/30/2018 Special counsels; Agency Counsel; Complaint for Damages -Agency Counsel for remediation of Imperial Hwy (Alameda Triangle; State/East Imperial; and Northgate project Brownfield area. Long Beach Blvd./Josephine St. Project Area A & Alameda - N $- - - - - - $- - - - - - $- 57 Bond Funded Projects Improvement/ Infrastructure 10/01/ 1999 03/01/2038 Various vendors, City of Lynwood, misc. cost and Use of bond proceeds per bond covenants and funds held by Project Area A & Alameda - N $- - - - - - $- - - - - - $- Lynwood Successor Agency - Page 20 of 31 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 20-21 Total ROPS 20-21A (Jul - Dec) 20-21A Total ROPS 20-21B (Jan - Jun) 20-21B Total Fund Sources Fund Sources Bond Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF Bond Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF staffing costs Trustees. 60 Administrative Cost Allowance Admin Costs 07/01/ 2016 06/30/2018 Various staffing cost, vendors, City of Lynwood, & misc. expenses. County Auditor Controller did not allocate an administrative cost allowance in the 2nd ROPS because the DOF approved RPTTF exceeds actual tax increment distribution. H & S 34171 (b) limits administrative expenses to 3% for 2012-13 per DOF Project Area A and Alameda 250,000 N $250,000 - - - - 125,000 $125,000 - - - - 125,000 $125,000 68 Oversight Agreement - DTSC Professional Services 06/01/ 2010 06/30/2018 Dept. of Toxic Substances Control Process used to evaluate Brownfields properties and reimburse DTSC for its costs. Covers properties within project areas. Project Area A and Alameda - N $- - - - - - $- - - - - - $- 69 Agreement - DTSC Project Management Costs 06/01/ 2010 06/30/2018 Staffing cost, legal cost Environmental oversight Project Area A and Alameda - N $- - - - - - $- - - - - - $- 73 Agreement OPA/DDA/ Construction 10/27/ 2005 06/30/2018 Various developers Developers' deposit releases and use of deposits Project Area A - N $- - - - - - $- - - - - - $- 74 Agreement Project Management Costs 01/01/ 2016 06/30/2018 Staffing Cost Release of deposits and project closures to meet terms of releases Project Area A & Alameda - N $- - - - - - $- - - - - - $- 76 Property Disposition of Successor Agency properties Property Dispositions 07/01/ 2016 06/30/2018 Various Vendors, Agency Counsel , misc. cost and staffing cost Preparation of Successor Agency property for disposal including maintenance, fencing, listing, posting etc. Project Area A & Alameda - N $- - - - - - $- - - - - - $- 81 ENA - Northgate OPA/DDA/ Construction 12/01/ 2009 06/30/2014 Various vendors, legal cost, staffing cost ENA- wind down ENA Project Area A - N $- - - - - - $- - - - - - $- 86 2011 Tax Allocation Bonds Series B Bonds Issued After 12/31/10 03/07/ 2011 03/01/3038 US Bank Corp H&S34171(d)(1)(A) To hold reserve for Debt Service Project Area A & 194,031 N $194,031 - - - 194,031 - $194,031 - - - - - $- Lynwood Successor Agency - Page 21 of 31 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 20-21 Total ROPS 20-21A (Jul - Dec) 20-21A Total ROPS 20-21B (Jan - Jun) 20-21B Total Fund Sources Fund Sources Bond Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF Bond Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF payment due to uneven semi- annual debt service payment. Assist in the debt service coverage ratio for continuing disclosure. Alaemda 87 Difference between approved actual RPTTF funding received and DOF approved enforceable obligations RPTTF Shortfall 01/01/ 2016 06/30/2017 Various vendors, staffing cost, legal costs, and others Per DOF direction to list difference between approved enforceable obligations and actual RPTTF Project Area A and Alameda 778,611 N $778,611 - - - 778,611 - $778,611 - - - - - $- 92 Tax Allocation Revenue Refunding Bonds (Project Area A), Series 2013 A Revenue Bonds Issued After 12/31/10 12/24/ 2013 09/01/2028 US Bank Corp Refunding of 1999 Tax Allocation Bonds Project Area A. Tax Allocation Revenue Refunding Bonds (Project Area A), Series 2013 A Project Area A 8,052,796 N $- - - - - - $- - - - - - $- 93 Tax Allocation Revenue Refunding Bonds (Project Area A), Series 2013 A -Reserve Reserves 12/24/ 2013 09/01/2028 US Bank Corp H&S34171(d)(1)(A) To hold reserve for Debt Service payment due to uneven semi- annual debt service payment. Assist in the debt service coverage ratio for continuing disclosure. Project Area A 912,244 N $912,244 - - - 141,122 - $141,122 - - - 771,122 - $771,122 94 Alameda Project Area Tax Allocation Refunding Bonds, Series 2013A Revenue Bonds Issued After 12/31/10 12/24/ 2013 09/01/2024 US Bank Corp Refunding of 1999 Tax Allocation Alameda bonds. Alameda Project Area Tax Allocation Refunding Bonds, Series 2013A Alameda 557,694 N $48,508 - - - 42,289 - $42,289 - - - 6,219 - $6,219 95 Alameda Project Area Tax Allocation Refunding Bond, Series 2013A- Reserve Revenue Bonds Issued After 12/31/10 12/24/ 2013 09/01/2024 US Bank Corp H&S34171(d)(1)(A) To hold reserve for Debt Service payment due to uneven semi- annual debt service payment. Assist in the debt service Alameda 37,500 N $37,500 - - - - - $- - - - 37,500 - $37,500 Lynwood Successor Agency - Page 22 of 31 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 20-21 Total ROPS 20-21A (Jul - Dec) 20-21A Total ROPS 20-21B (Jan - Jun) 20-21B Total Fund Sources Fund Sources Bond Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF Bond Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF coverage ratio for continuing disclosure. 101 2010 Promissory Note City/County Loan (Prior 06/28/11), Cash exchange 05/04/ 2010 06/30/2014 City of Lynwood 2010 Promissory Note between the City and former Lynwood Redevelopment Agency Project Area A - N $- - - - - - $- - - - - - $- Lynwood Successor Agency - Page 23 of 31 Lynwood Recognized Obligation Payment Schedule (ROPS 20-21) - Report of Cash Balances July 1, 2017 through June 30, 2018 (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 17-18 Cash Balances (07/01/17 - 06/30/18) 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 07/01/17) RPTTF amount should exclude "A" period distribution amount. - 2 Revenue/Income (Actual 06/30/18) RPTTF amount should tie to the ROPS 17-18 total distribution from the County Auditor-Controller 6,351,708 2G. Amount includes received Agency RPTTF and County held funds for bond payments: $2,338,408 for Period A; $4,013,300 Period B. 3 Expenditures for ROPS 17-18 Enforceable Obligations (Actual 06/30/18) 6,153,973 3G. Includes total SA expenditure and tax increment withheld by county for bond payment: Intercepted bod payments totaled $2,596,208; Agency paid expenditures totaled $3,557,765. 4 Retention of Available Cash Balance (Actual 06/30/18) RPTTF amount retained should only include the amounts distributed as reserve for future period(s) Lynwood Successor Agency - Page 24 of 31 5 ROPS 17-18 RPTTF Prior Period Adjustment RPTTF amount should tie to the Agency's ROPS 17-18 PPA form submitted to the CAC No entry required 1,199,743 G5. Taken from prior year ending cash deficit 6 Ending Actual Available Cash Balance (06/30/18) C to F = (1 + 2 - 3 - 4), G = (1 + 2 - 3 - 4 - 5) $- $- $- $- $(1,002,008) Lynwood Successor Agency - Page 25 of 31 Lynwood Recognized Obligation Payment Schedule (ROPS 20-21) - Notes July 1, 2020 through June 30, 2021 Item # Notes/Comments 6 7 8 9 11 15 18 20 21 22 23 Litigation expenses related to Judgment for Rogel v.Lynwood Redevelopment Agency (LRA) Case No. BS106592. Per DOF, to the extent the Agency can provide documentation, such as executed contracts that include a detailed scope of work outlining the role of an 'Administrator' mentioned under the description of the item to support the requested amount, this item may be considered enforceable on future ROPS. The Agency has entered into a contract for Administrator services pursuant to the Court order/Settlement Agreement. 24 44 45 48 50 57 60 68 69 73 74 76 81 86 87 Shortfall from Line Item #20 during ROPS 19-20 period. 92 93 Lynwood Successor Agency - Page 26 of 31 94 95 101 Lynwood Successor Agency - Page 27 of 31 Lynwood Successor Agency - Page 28 of 31 Lynwood Successor Agency - Page 29 of 31 Regarding the Use of Bonds Issued After January 2011 HSC 34191.4 (c) (c) (1) (A) Notwithstanding Section 34177.3 or any other conflicting provision of law, bond proceeds derived from bonds issued on or before December 31, 2010, in excess of the amounts needed to satisfy approved enforceable obligations shall thereafter be expended in a manner consistent with the original bond covenants. Enforceable obligations may be satisfied by the creation of reserves for projects that are the subject of the enforceable obligation and that are consistent with the contractual obligations for those projects, or by expending funds to complete the projects. An expenditure made pursuant to this paragraph shall constitute the creation of excess bond proceeds obligations to be paid from the excess proceeds. Excess bond proceeds obligations shall be listed separately on the Recognized Obligation Payment Schedule submitted by the successor agency. The expenditure of bond proceeds described in this subparagraph pursuant to an excess bond proceeds obligation shall only require the approval by the oversight board of the successor agency. (B) If remaining bond proceeds derived from bonds issued on or before December 31, 2010, cannot be spent in a manner consistent with the bond covenants pursuant to subparagraph (A), the proceeds shall be used at the earliest date permissible under the applicable bond covenants to defease the bonds or to purchase those same outstanding bonds on the open market for cancellation. (2) Bond proceeds derived from bonds issued on or after January 1, 2011, in excess of the amounts needed to satisfy approved enforceable obligations, shall be used in a manner consistent with the original bond covenants, subject to the following provisions: (A) No more than 5 percent of the proceeds derived from the bonds may be expended, unless the successor agency meets the criteria specified in subparagraph (B). (B) If the successor agency has an approved Last and Final Recognized Obligation Payment Schedule pursuant to Section 34191.6, the agency may expend no more than 20 percent of the proceeds derived from the bonds, subject to the following adjustments: (i) If the bonds were issued during the period of January 1, 2011, to January 31, 2011, inclusive, the successor agency may expend an additional 25 percent of the proceeds derived from the bonds, for a total authorized expenditure of no more than 45 percent. (ii) If the bonds were issued during the period of February 1, 2011, to February 28, 2011, inclusive, the successor agency may expend an additional 20 percent of the proceeds derived from the bonds, for a total authorized expenditure of no more than 40 percent. (iii) If the bonds were issued during the period of March 1, 2011, to March 31, 2011, inclusive, the successor agency may expend an additional 15 percent of the proceeds derived from the bonds, for a total authorized expenditure of no more than 35 percent. (iv) If the bonds were issued during the period of April 1, 2011, to April 30, 2011, inclusive, the successor agency may expend an additional 10 percent of the proceeds derived from the bonds, for a total authorized expenditure of no more than 30 percent. (v) If the bonds were issued during the period of May 1, 2011, to May 31, 2011, inclusive, the successor agency may expend an additional 5 percent of the proceeds derived from the bonds, for a total authorized expenditure of no more than 25 percent. Lynwood Successor Agency - Page 30 of 31 (C) Remaining bond proceeds that cannot be spent pursuant to subparagraphs (A) and (B) shall be used at the at the earliest date permissible under the applicable bond covenants to defease the bonds or to purchase those same outstanding bonds on the open market for cancellation. (D) The expenditure of bond proceeds described in this paragraph shall only require the approval by the oversight board of the successor agency. (3) If a successor agency provides the oversight board and the department with documentation that proves, to the satisfaction of both entities, that bonds were approved by the former redevelopment agency prior to January 31, 2011, but the issuance of the bonds was delayed by the actions of a third-party metropolitan regional transportation authority beyond January 31, 2011, the successor agency may expend the associated bond proceeds in accordance with clause (i) of subparagraph (B) of paragraph (2) of this section. (4) Any proceeds derived from bonds issued by a former redevelopment agency after December 31, 2010, that were issued, in part, to refund or refinance tax-exempt bonds issued by the former redevelopment agency on or before December 31, 2010, and which are in excess of the amount needed to refund or refinance the bonds issued on or before December 31, 2010, may be expended by the successor agency in accordance with clause (i) of subparagraph (B) of paragraph (2) of this section. The authority provided in this paragraph is conditioned on the successor agency providing to its oversight board and the department the resolution by the former redevelopment agency approving the issuance of the bonds issued after December 31, 2010. (d) This section shall apply retroactively to actions occurring on or after June 28, 2011. The amendment of this section by the act adding this subdivision shall not result in the denial of a loan under subdivision (b) that has been previously approved by the department prior to the effective date of the act adding this subdivision. Additionally, the amendment of this section by the act adding this subdivision shall not impact the judgments, writs of mandate, and orders entered by the Sacramento Superior Court in the following lawsuits: (1) City of Watsonville v. California Department of Finance, et al. (Sac. Superior Ct. Case No. 34-2014-80001910); (2) City of Glendale v. California Department of Finance, et al. (Sac. Superior Ct. Case No. 34-2014-80001924). Lynwood Successor Agency - Page 31 of 31