CERTIFIE RESOLUTION NO. OB 15-01

RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE FORMER MADERA REDEVELOPMENT AGENCY OF THE CITY OF MADERA, APPROVING THE RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS) 15-16A FOR THE PERIOD JULY 1, 2015 THROUGH DECEMBER 31, 2015

WHEREAS, the Oversight Board to the Successor Agency to the former Madera Redevelopment Agency has been appointed pursuant to the provision of Health and Safety Code Section 341 79; and

WHEREAS, Health and Safety Code Section 34177(1)(2)(B) and 34180(g) require the approval of the Recognized Obligation Payment Schedule (ROPS) by the Oversight Board; and

WHEREAS, a Recognized Obligation Payment Schedule for the period July 1, 2015 through December 31, 2015 has been prepared in a format provided by the California Department of Finance; and

WHEREAS, on February 11, 2015 the Successor Agency to the former Madera Redevelopment Agency approved the Recognized Obligation Payment Schedule for the period July 1, 2015 through December 31, 2015; and

WHEREAS, the Recognized Obligation Payment Schedule, in a form approved by the Successor Agency to the former Madera Redevelopment Agency, is presented to the Oversight Board for its consideration at a regular meeting of the Oversight Board held on February 17, 2015.

NOW, THEREFORE, the Oversight Board of the Successor Agency to the former Madera Redevelopment Agency hereby finds, orders, and resolves:

1. The above recitals are true and correct.

2. The Oversight Board has reviewed and considered the Recognized Obligation Payment Schedule for the period July 1, 2015 through December 31, 2015 as presented and approved by the Successor Agency to the former Madera Redevelopment Agency, a copy of which is attached hereto as Exhibit A.

3. The Recognized Obligation Payment Schedule for the period July 1, 2015 through December 31, 2015, as set forth in Exhibit A attached hereto and by this reference incorporated herein, is hereby approved by the Oversight Board.

4. The certification of the Summary of Recognized Obligation Payment Schedule page is hereby approved and the Chairperson is authorized to execute the document on behalf of the Oversight Board.

5. The Oversight Board authorizes and directs the Executive Director of the Successor Agency to the former Madera Redevelopment Agency to:

(a) Transmit a copy of the adopted Recognized Obligation Payment Schedule for the period July 1, 2015 through December 31, 2015 by mail or electronic means to the State Department of Finance, the State Controller's Office, the Madera County Auditor­Controller, and the Madera County Administrative Officer.

(b) Post the Recognized Obligation Payment Schedule for the period July 1, 2015 through December 31, 2015 on the City's website.

6. This resolution shall become effective immediately upon adoption.

********

PASSED AND ADOPTED by the Oversight Board to the Successor Agency to the former Madera Redevelopment Agency of the City of Madera this 1 ih day of February 2015 by the following vote:

A YES: Board Members Manfredi, Farinelli, Robinson and Kahn

NOES: None

ABSTAIN: None

ABSENT: Board Members Wilson, Massetti and Horal

ATTEST:

Reso. No. OB 15-01, Page 2 of2

Recognized Obligation Payment Schedule (ROPS 15-16A) - Summary Filed for the July 1, 2015 through December 31, 2015 Period

Name of Successor Agency: Madera City ~~~~~~~~~~~~~~~~~~~~~~~~~~

Name of County: Madera ~~~~~~~~~~~~~~~~~~~~~~~~~~

Current Period Requested Funding for Outstanding Debt or Obligation

Enforceable Obligations Funded with Non-Redevelopment Property Tax Trust Fund (RPTIF) Funding A Sources (B+C+D):

B Bond Proceeds Funding (ROPS Detail)

c Reserve Balance Funding (ROPS Detail)

D Other Funding (ROPS Detail)

E Enforceable Obligations Funded with RPTIF Funding (F+G):

F Non-Administrative Costs (ROPS Detail)

G Administrative Costs (ROPS Detail)

H Current Period Enforceable Obligations (A+E):

Successor Agency Self-Reported Prior Period Adjustment to Current Period RPTIF Requested Funding

Enforceable Obligations funded with RPTIF (E):

J Less Prior Period Adjustment (Report of Prior Period Adjustments Column S)

K Adjusted Current Period RPTIF Requested Funding (1-J)

County Auditor Controller Reported Prior Period Adjustment to Current Period RPTTF Requested Funding

L Enforceable Obligations funded with RPTIF (E):

M Less Prior Period Adjustment (Report of Prior Period Adjustments Column AA)

N Adjusted Current Period RPTTF Requested Funding (L-M)

Certification of Oversight Board Chairman: Pursuant to Section 34177 (m) 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 agency. ~~111

Six-Month Total

$ 4,280,595

$

$

3,613,655

621,940

45,000

1,900,000

1,775,000

125,000

6,180,595

1,900,000

(2,304)

$ 1,897,696

1,900,000

1,900,000

erson

Title

2-/19/,ZO/£

Date

Recognized Obligation Payment Schedule (ROPS 15-16A) - Report of Cash Balances (Report Amounts in Whole Dollars}

Pursuant to Health and Safety Code section 34177 (I), Redevelopment Property Tax Trust Fund (RPTIF) 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. For tips on how to com plete the Report of Cash Balances Form, see htt1:1s:lirad.dof.ca.gov£rad-sa£1:1df£Cash Balance Agenc~ Ti11s Sheet.1:1df.

A B c D E F G H I

Fund Sources

Bond Proceeds Reserve Balance Other RPTTF PriorROPS Prior ROPS

period balances RPTTF and DDR RPTTF distributed as Rent, Non-Admin

Bonds Issued on or Bonds Issued on balances reserve for future Grants, and Cash Balance Information by ROPS Period before 12/31/10 or after 01/01/11 relained perlod(s) Interest, Etc. Adm in Comments

ROPS 14-15A Actuals 107/01/14 • 12131/141 1 Beginning Available Cash Balance (Actual 07/01/14)

10,567,682 123,279 18.097 • $18,097 PPA 13-148 2 Revenue/Income (Actual 12131/14) _

RPTTF amounts should tie to the ROPS 14-15A distribution from the County Auditor-Controller during June 2014

67,599 -

369,217 1,999,995 $369,217 Loan from city approved DOF 3 Expenditures for ROPS 14-15A Enforceable Obligations (Actual

, 13,136 interest 54,462 A/P write

12131114) off= $67,599

RPTTF amounts, H3 plus H4 should equal total reported actual expenditures in the Report of PPA, Columns Land Q

21 ,852 123,279 369,217 1.997,691 $369,217 Loan From City approved 4 Retention of Available Cash Balance (Actual 12131/14)

RPTTF amount retained should only include the amounts distributed as $2,548,798 2008 Bond Reserve with Trustee

reserve for future period( s) $469,806 1998 Bond Reserve with Trustee 3,425,522 $406,918 2003 Bond Reserve with SA

5 ROPS 14-15A RPTTF Prior Period Adjustment RPTTF amount should tie to the self-reported ROPS 14-15A PPA in the No entry required Report of PPA, Column S

2.304 6 Ending Actual Available Cash Balance

C to G = (1 + 2 • 3 • 4), H = (1 + 2 - 3 • 4 • 5) $ 7,187,907 $ s . $ 18,097 s . s -ROPS 14-158 Estimate (01/01/15- 06/30/15)

7 Beginning Available Cash Balance (Actual 01/01/15) (C, D, E, G = 4 + 6, F = H4 + F4 + F6, and H = 5 + 6)

$ 10,613,429 $ - s - $ 18,097 s . $ 2,304 $18.097 PPA 13-14B 8 Revenue/Income (Estimate 06/30/15)

RPTTF amounts should tie to the ROPS 14-15B distribution from the County Auditor-Controller during January 2015

2.324,970 9 Expenditures for ROPS 14-158 Enforceable Obligations (Estimate

06/30/15) 18.097 1.703,030 10 Retention of Available Cash Balance (Estimate 06/30/15)

RPTTF amount retained should only include the amounts distributed as reserve for future period( s)

621 ,940 11 Ending Estimated Available Cash Balance (7 + 8 - 9 -10)

$ 10,613 429 $ - $ . $ - $ . $ 2,304

Recognized Obligation Payment Schedule (ROPS 15-16A) - ROPS Detail

July 1, 2015 through December 31, 2015 (Report Amounts in Whole Dollars)

A 8 c D E F G H I J K L M I N 0 p

Fundlno Source

Non-Redevelopment Property Tax Trust Fund (Non-RPTIF) RPTIF

ContracVAgreement ContracVAgreement Total Outstanding Item# Project Name I Debt Oblioation Oblioation Tvoe Execution Date Termination Date Pavee Descriotion/Proiect Scope Project Area Debt or Obligation Retired Bond Proceeds Reserve Balance Other Funds • Non-Admin Admin Six-Month Total

$ 93.732.825 $ 3,613,655 $ 621,940 $ 45,000 $ 1,775.000 $ 125,000 $ 6,180,595 1 1998 Tax Allocation Bond Bonds Issued On or 10f7/1998 10/7/2028 BNYMellon Bonds issue to fund RDA projects 8,577,708 N 272,900 $ 272,900 2 2003 Tax Allocation Bond Bonds Issued On or 10/30/2003 10/30/2033 BNYMellon Bonds issue to fund RDA projects 23,554,0911 N 621,940 317 .585 $ 939,525

Before 12/31 /10 3 2008A Tax Allocation Bond Bonds Issued On or 9/10/2008 9/10/2038 BNYMellon Bonds issue to fund non-housing 43,908,516 N 989,025 $ 989,025

Before 12/31/10 projects 4 2008B Tax Allocation Bond Bonds Issued On or 9/10/2008 9/10/2038 BNYMellon Bonds issue to fund housing projects 6,292,997 N 171.490 s 171,490

Before 12/31/10 5 BNYMT Trustee fees 1998 Serles Bonds Issued On or 10/7/1998 10/7/2028 BNYMellon Trustee Fees 49.000 N 5,000 $ 5,000

Before 12/31/10 6 BNYMT Trustee fees 2003 Series Bonds Issued On or 10/3012003 10/30/2033 BNYMellon Trustee Fees 64,000 N 5.000 $ 5,000

Before 12/31/10 7 BNYMT Trustee fees 2008 Series & Bonds Issued On or 9/10/2008 9110/2038 BNYMellon Trustee Fees 181 ,100 N 10,000 $ 10,000

Arbitraoe Before 12/31/10 8 Arbl(fage Calculations - contract Bonds Issued On or 10/1 /2012 9/10/2038 BNYMellon Bond Required Arbitrage calc 58,600 N 4,000 $ 4,000

Before 12/31/10 9 Bond Dissemination Legal 9/10/2008 911012038 Orrick Bond Requirement 50,000 N $ -

20 Affordable Housing Monitoring Project Management 21112008 9/10/2038 Personnel Staff Affordable hQusfng monitoring y $ Costs

21 Property Management Property 2/1/2008 9110/2038 Personnel Staff Facility and Lot maintenance 114,000 N 10,000 $ 10,000 Maintenance

25 Required Public Noticing Property DISPOslllons 2/112008 9110/2038 H&S Code 34433 n piir:cels @ 5250 + 4hrs each y $ -28 Replacement Housing Obligation Mil!lc:Gllaneous 1212412009 9110/2038 Payee not Usted Adm & Management y $ -

IPtoaram cost 27 Commercial Property Liquidation Property Dispositions 2/112008 9/10/2038 Payee not listed Commercial Properties 160,240 N $ -29 Insurance Premiums Mlscellaneous 2/1/2008 9/10/2038 Payee not listed LiabllitY, Property Insurance - y $ -30 Oversight Board Miscellaneous 211/2008 9110/2038 Pavee not listed Oversiahl Board - y $ -31 Herbicide Property Maintenance Property 2/1/2008 9/1012038 Payee not listed Weed Control on SA properties 15,000 N 3,000 $ 3,000

Maintenance 32 Property Tax Services Miscellaneous 211/2008 9/10/2038 Fraser & Associates Property Tax Services - y $ -34 Successor Agency Board Members Miscellaneous 2/1/2008 9/10/2038 Pavee not listed Salaries Board Members - y $ -35 SA OB Web Development Miscellaneous 211/2008 9/10/2038 Emo Creative H &S 34179 Web Site development - y s -36 Emolovee Leave Balances Miscellaneous 211/2008 9/10/2038 Payee not listed Employee Leave Balances - N $ -38 Riverside Villas lmprovemenVlnfrastr 3/24/2011 9/10/2038 Payee not listed Storm drainage 330,000 N 330,000 $ 330,000

ucture 39 Mlnlown VIII- Subdlvfalon sous 10/1412009 9{111171BH p" ...... not11.,,.,, 11.128 llln l IO Date- N $ -40 MUSD 308 S. J Street Miscellaneous 211/2008 9/10/2038 Payee not listed Update Plans - N $ -43 Avenue 16 Landscape Project lmprovemenVlnfrastr 10/1112006 9/10/2038 Payee not listed $138,800 Expensed to Date 250.000 N 250,000 $ 250,000

ucture 47 Airport Infrastructure Master Plan lmprovemenVlnfrastr 7121/1999 9/10/2038 Payee not listed $89,499 Expensed to Date - N $ -

ucture 46 SoLllhwest lnduslrfal Park Master PrOfesalonal 9/9'2009 9/10/2038 N~r MDfer Pren namc.01rcul•lloM:sW 93,814 N 93,814 $ 93,814

Plan Services P0 tl61 Madera Industrial Area (Agml $136,629 + 10% Contingency-

8136291 49 "E" Street Improvement Project lmprovemenUlnfrastr 9/1/1991 9/10/2038 Payee not listed Construction is out - N $ -

ucture 53 Successor Agency Employee Cost Project Management 9/1/1991 9/10/2038 Successor Agency Payroll Cost - y $ -

Costs 54 SA Admin Costs Admin Costs 1/1/2012 9/10/2038 Successor Agency Administrative Costs 6.125,000 N 125,000 $ 125,000 58 Adell Imp Project lmprovemenUlnfrastr 3/11/2009 9/10/2038 Quad Knopf Engineering/Surveying - Adell 18,000 N 18,000 $ 18,000

ucture PO 663 Improvement Project (Contract for $128, 120 + 10%- $140,900;CO $5, 150) Proj No. 90058

59 Adall lmproV'emant Project ltnf)R>Vemenl/lnfraalr 3!11/i009 811012038 Pa)ft not lilted 5f 3JJ.V4u i:.xper!Md to Date y $ -luoture

Recognized Obligation Payment Schedule (ROPS 15-16A) - ROPS Detail July 1, 2015 through December 31, 2015

(Report Amounts in Whole Dollars)

A B c D E F G H I J K L I M N 0 p

Fundin!l Source

Non-Redevelopment Property Tax Trust Fund (Non-RPTTF) RPTTF

Contract/Agreement Contract/Agreement Total Outstanding Item# Proiect Name I Debt Obliaation Obliaation Tvoe Execution Date Termination Date Payee Description/Project Scope Proiect Area Debt or Obligation Retired Bond Proceeds Reserve Balance Other Funds Non-Adm in Admin Six-Month Total

60 Ave 16 Improvements lmprovement/lnfrastr 10/11/2006 9/10/2038 Blair, Church and Flynn Ave 16- 3rd Amend-$10,500 Proj No. - y $ -ucture 206-0427 - EW2

& 4th Amend-$44,400- Proj No. 206-0427

61 Canal Relocation lmprovementllnfrastr 10/14/2009 9/10/2038 Quad Knopf Eng Srv - Relocation of MID Canal 46,266 N 46,266 $ 46,266 ucture PO 662 between 7th & E Streets relocating to

Clinton ROW Proj No. 90222

62 Laurel Linear Park lmprovement/lnfrastr 10/14/2009 9/10/2038 Blair, Church & Flynn Eng Srv-Sunset/Laurel/Riverview 9,200 N 9,200 $ 9,200 ucture Linear Park Project- No. 209-0326

65 Hou"'""' Bond Fund 0 ' •m M 11• ... Hanaous 811 !117(](]8 911012038 Pavee not listed ZIJ(JHl:i Tax Exemot Bonet Proceeds y $ -66 Riverwalk Subdivision lmprovement/lnfrastr 1/15/2014 9/10/2038 Payee not listed $5, 135,000 Expensed to Date 1,328,375 N 1,328,375 $ 1,328,375

ucture 67 Riverwalk Subdivision lmprovement/lnfrastr 1/15/2014 9/10/2038 Payee not listed Property Acquisition 360,000 N 360,000 $ 360,000

ucture 68 Lake/Adell Street Project I mprovementll nfrastr 1/14/2009 9/10/2038 City of Madera - Reimburse Agmt for Eng Srv - - y $ -

ucture Engineering Lake/Adell - contract with Yamabe/Horn

70 Central Madera Street Project lmprovement/lnfrastr 1/14/2009 9/10/2038 Blair, Church & Flynn Eng/Design - central Madera 83,513 N $ -ucture PO 660 Residential District Proi No. 208-0541

71 MIOtown VIiiage 1mprovemenl/lnfrastr 1Q/14/2009 9/10/2038 Preclston Engineering 8th & SycamOte SubdlvlslOn(Midtown) - y $ -ucture Clvil Ena. Srv #08-131

72 Midtown Village lmpnwemenl/lnfra$11' 10/14120Q9 9/10/2038 TRIAD 8th & Syeamore Suhd1vlslon(Mldtown) - y $ -UClure Preolse Plan - Prolet!t No.8077

73 Mkltown VIiiage lml)JOvemenUWrastr 10/1412009 9'10/2038 Calttomla Utlllty Consultants Utility Project Mgmt 59f'VICeS • 8th & y $ -UCIUre S..eArnnre Subdivision

14 Midtown VIiiage lmprov~nl/lnftaSU" 10/1412009 Yt10l2038 Technl~n Eng Services, Geotech Eng ::serv1ces - Midtown y $ -l.IChmt Inc. 111110/10) Subdivision 161h/Sllt'.itmotel

75 Project Operations Project Management 1/1/2012 9/10/2038 Payee not listed Contract Services 60,000 N 20,000 $ 20,000 Costs

76 Project Operations Project Management 1/1/2012 9/10/2038 Payee not listed Utilities 74,500 N 6,000 $ 6,000 Costs

77 Project Operations Project Management 1/1/2012 9/10/2038 Payee not listed Profession Dues & Assessments 17,580 N 6,000 $ 6,000 Costs

78 Project Operations Project Management 1/1/2012 9/10/2038 Payee not listed Other Supplies 38,725 N 12,000 $ 12,000 Costs

79 Rlverwalk Subdlvj$1qn lm'iHovemenlllnfrastr 11112012 911012038 Callfomle Ulinty ConStiltanle ~~lity Project ~~I services - y $ -·uc1ure kS

82 Elm & Yosemite Traffic Signal lmprovement/lnfrastr 6/14/2009 9/10/2038 Payee not listed ODA - Impact Fees may fund project 475,000 N 475,000 $ 475,000 ucture

83 SA Project Employee Cost Project Management 1/1/2012 9/10/2038 Payee not listed Project Management 380,000 N 80,000 $ 80,000 Costs

85 Property Maintenance 428 Yosemite Property 1/1/2012 9/10/2038 Payee not listed Property Maintenance 428 Yosemite 48,000 N 2,000 $ 2,000 Maintenance

86 Property Maintenance 120 N. E St. Property 1/1/2012 9/10/2038 Payee not listed Property Maintenance 128 NE St 135,000 N 6,000 $ 6,000 Maintenance

t10US1ria Oo11aeuon MHnUlnmious .12/24/2009 Q/\0/2038 Pa-notU<1N1CI t nt111&1nr.an11..- N $ -89 Bond Reserve Reauirement Legal 1/1/2012 9/10/2038 Pavee not listed Bond Reserve Requirement - y $ -91 NSP3 Projects Admin Costs 5/15/2011 9/10/2038 Pavee not listed Proiect Manaaement 150,000 N 45,000 $ 45,000 94 CDBG Miscellaneous 1/1/2012 9/10/2038 Payee not listed Manaaement - y $ -95 Property Maintenance 5 E. Yosemite Property 1/1/2012 9/10/2038 Payee not listed Property Maintenance 5 E Yosemite 134,600 N 8,000 $ 8,000

Maintenance 96 State CalHFA Loan HELP Third-Party Loans 9/14/2005 9/10/2038 CALHFA Loan for affordable Multi Family - y $ -

housing 149 2003 Tax Allocation Bond Bonds Issued On or 9/3/2013 9/10/2038 BNYMellon Bonds issue to fund RDA projects - y $ -

Bond Reserve Reauirement Before 12/31/10 150 Remodel 5 E. Yosemite lmprovement/lnfrastr 7/30/2014 10/30/2014 Contractor unknown Restore for continued trancient use as 325,000 N 325,000 $ 325,000

ucture permitted in grant acimt

Recognized Obligation Payment Schedule (ROPS 15-16A)- ROPS Detail July 1, 2015 through December 31, 2015

(Report Amounts in Whole Dollars)

A B c D E F G H I J K L M N 0 p

FundinQ Source

Non-Redevelopment Property Tax Trust Fund (Non-RPTTF) RPTTF

Contract/Agreement Contract/Agreement Total Outstanding Item# Proiect Name I Debt Oblioation Obliqation Type Execution Date Termination Date Payee Description/Project Scope Project Area Debt or Obligation Retired Bond Proceeds Reserve Balance Other Funds Non-Adm in Admin Six-Month Total

151 Loan from City for Sept 2014 Bond City/County Loans 8/13/2014 3/20/2014 City of Madera City Loan to SA for debt service - y $ -Payment After 6/27 /11

152 Carry forward for next period Debt Reserves 9/15/2014 9/1/2015 BNYMellon Debt Service - N $ -service

153 Knox Stinson streetlight project lmprovement/lnfrastr 2/1/2015 6/30/2015 unknown Final Phase of Streetlight project 225,000 N 225,000 $ 225,00() ucture

Recognized Obligation Payment Schedule (ROPS 15-1 SA) - Report of Prior Period Adjustments Reported for lhe ROPS 14-15A (July 1, 2014 lhruugh December 31. 2014) Penod Pursuant to Health and Safely Code (HSC) section 34186 (a)

(Report Amounts in Whole Dollars)

ROPS 14-15A Successor Agency (SA) Self-reported Prior Period Adjustments (PPA): Pursuant to HSC Seclion 34186 {a), SAs are required to report the differences bel:voleen their actual available funding and their actual expondl lures for the ROPS 14-15A {July lhrough December 2014) period The amount of Redevelopment Property Tax Trust Fund (RPTTF) approved for the ROPS 15-16A (July through December 2015) period 'Nill be offset by the SA's self-reported ROPS 14-1 SA prior period adjustment HSC Section 34186 (a) also specifies that lhe prior period adjustments self-reported by SAs are subject to audit by !he couno audilDr-controu..- 'CACl aod !he Stale ControUer

A

llem# Pio!•c 1 N"m" I OobrObllgatJop

2008A Tax AIOcobOn Bond

41 20088 lax AJlocal.ion 0ond

5 8NYMT Trustee ru.s1gga~

6 BNYMT Truslee ree.s 7003 Serie$

1 BNYMT Trustee fees 2008 Series & l\fbllDMt

9 Bond Dissemination

10 S1.a1eCa~ALoen HELP

12.C~g Oisc:loswreRot

18 Slandard & P oors

"'"'""

22 Public Notice Reoui1emenl

23 SA & Oversight Board Meeting pre & llOSl

2ol 0 GRANT

T7 Commercial Procerl.vliauidalion

" Insurance P rem11Jm~

30 °'"' Boom 31 HeJbici:l•Pfoporl:-0

M•k1toA:anoo 32 Property Tax s..-· " C1tvSanbl1 34 Successor Agency

Board Members 35 SA OB Web

Oeva!oarneol 36 E~l .. ..,.

Balianc1 .. .. R>-MUS. v.a. • 39 Midtown Village _,... ..... <O MUS030B S J .....

Bond Proce.ed.s

Authorized

s 3.234..266 $

10,000

3,000

330CIOO

'1 3 AWoi'M" 16 250 ,000 landscane Pro·ecl

'17 Alrpon1nrras1ruclurai Ma s lor P lan

48 Soulhw11&llndus1ria l Park Master Plan

50 Property TaxAdm1n F ..

53 Successor Agency Emo!ovec Cosl

6U AW 16 lmorovemenls

65 Housin9 Bond Fund Obkoollotu

68 IO-o'ffl'JliJll1t Subdlvl.5l.on

67 "Rlvcrwalk SIJWivi&.icn

20,000

G

Non-RPTTF Expenditures

Reserve._Balance Other Funds

Authorized

21 852 s 492,i.198 s 123,279 $ 369.217 $

:Jftg.217

'""

2,4SB

A"lWll }.Uthorb:e.d

369.2 17 s U7t1,C39~

g-10,n" '4351~1

981.304

173,079

J,000

3.000

4.000

4000

Available RPTTF

(ROPS 14-15A llJdllibu:lld•.lllml'IW

•112bb1li1nol D7nH~!

• 1 .S14~.S

m,os• ~.111

981 304

173.079

J.000

3.000

4,000

4,000

·s ~

' s

' $

s

s

Non-Adm in

Net Lesser of

Aulhoriz:ed I Available

1.a14,9.95 I

173,079

3,000

3.000

4,000

4,000

M

Difference

(lfK is less than L, the difference is

A'!i:lWll zero)

0

RPTTF Expenditures

Avai lable RPTTF

(ROPS 14·1 5A

di~· .. <>thlff ll'llill.:l~nOI

Aullmil:.ct 07!1114)

1..812.691 ' 2,.30 4 $ ~25.000 I 12.5.oon

1135,m $ 981,302 5

173.079 5

J ,000 s

1,636 s \,36'1

4,000 $

J,082 s '"'

Adm in

Nel Lesser of

Authorized I Ava ila.ble

125",000

Q I R I

Diffe rence (lftolal actual exceeds tolal

authorized, the tot11ldiffer11nce is

Ac.1m1I Le ro)

125 000 $

Nel SA Non-Adm in and Admin PPA

(Amounl Used lo OffsetROPS 15·16A Requesled RPTTF}

NolD'iffetUICll: (M+RI

2304

1,364

938

SA Comments

ROPS 14-15A CAC PPA: To be completed by lhe CAC upon submittal of lhe ROPS 1$-16A by the SA to Finance and the CAC Note that CACs v..ill need to enter lhelr OW'\ formulas at the line ilem level pursuanl to lhe manner in wtiich they calculate the PPA Also note that lhe Admin amounls do not need to bs listed al the line item level and may be entered as a lumosurrL

w I I I I AA

RPTTF Fvnendit_ures

NetCAC Non-Adm in and Admin

PPA (Amounl Used to

Offset ROPS H~18A

Nof'\-A.dmlri CAC Admin CAC Re[\Ue,sled RPTTFl

ff•I LAuuof NetL&S!lerot A.UthOllMdl Aulhorlzed I

~v.all.atd.t. Ac:tuail Olff~1uv:e A\lailabl11. Aclual Difft,•flC• Net Difference

AB

CAC Comments

Recognized Obligation Payment Schedule (ROPS 15-16A} - Report of Prior Period Adjustments Reported for the ROPS 14-15A (July 1, 2014 through December 31, 2014) Period Purauanl lo Health and Safety Code (HSC) section 34186 (a)

(Report Amounts in Whole Dollars)

ROPS 14-15A Successor Agency (SA} Self-reported Prior Period Adjustments (PPA}: Pursuant to HSC Section 34186 (a), SAs are required to report the differences bel:YJeen their actual available funding and lheir actual expenditures for the ROPS 14-15A (July through December 2014) period The amount of Redevelopment Property Tax Trust Fund (RPTTF) approved forthe ROPS 15-16A (July through December 2015) period will be offset by lhe SA's self-reported ROPS 14-15A prlor period adjustment. HSC Section 34186 (a) also specmes that the prior period adjustments self-reported by SAS are subject lo audit by the counr auditor-conlroller (CAC) and the State Conlroller.

G

Non-RPTTF Ex;penditures

Bond Proc:eeds Other Funds

Aveilable RPTTF

(ROPS 14-15A

Non-Adm In

M 0

RPTTF Exoenditures

Available RPTTF

Difference (ROPS 14·15A

Adm(n

~ll'cf• lllll otftet Nellesserof (Ir K is less than L, distributed t- all olher Nel lesser of Projee.t Name/

lt11m# Debt Obllgati1;1n Authorized

68 Lako1Adel S \fflel ProJecl

S 3.2.J4-26B S

Ai:tl.ual Aclual

.Zt..aS2 s 4112..498 s t2a..2-79 s

ln'Nb'e 1111 «if Authorized I Aulhorized Aulftotllod Olflll .. I Available Ac:lu•l

369....4.17 ' 369.217 $ 1.1374. 995 ' 1..1374_9.95 $ 1.874. 995 s 1,872.691

1'8 tOo•• li 79 Ri.,.erwalk .S

..... dMlloo 82 Elm & Yosemile

l"tafk-Sianal 83 SA Pro)llC4

Emak1111•Co~ 85 Proparty

Maintenance 428 Vosemile

86 Property Mainlenanco 120 N ESL

89 Bond Reserve ~eoulfemenl

.. C08G 95 Profl•"Y

Mall11W1ance 5 E Yo.omito

96 Slate CarHFA Loan >tELP

e.ooo

97 Soil Remediation 120,000 1350 Yoae Alle~endilurcsare

reimbursed by Orptian":tileclflanup grant

l~O 2003 Tax Alloc:ilion Bo11d 0Dlld~~Ylt ReqlJrMl'!•rit

150 Remodor s i: i 20.ooo VoMmU:o

630

the difference is uvuilable as of Authorized I zero] Authorized 07111141 Available

2..304 $ 125000 $ 125000 125,000

Q

Ac1Ulll

Diff.renc• (lftolalac:tu11.I exc:eedw total

aulhoriud, lh• total difference is

zero)

Net SA Non-Admin and Admin PPA (Amount Used lo

Offset ROPS 1S-16A

R•qyntad RPTTfll)

Nat Difference IM+R)

125,000 $ . l 2.304

ROPS 14-15A CAC PPA: To be completed by Ille CAC upon submittal or Ille ROPS 15-16A by the SA to Finance and the CAC Nole that CACs wlll need to enter !heir own fo1TT1ulas at Lhe line ltem level pursuant to the manner tn \Mlich they calculate the PPA Also note lhal lhe Admfn amounts do not need to be listed at lhe line Item level and may be entered as a tumc sum .

Net Lesser or Authoriud I

Avallabl11

Non-Adml.n CAC

Actual

w

Difference

x

RPTTF Exoendilures

Nel Lesser or Authorized I

Available

~dminCAC

Actual Difference

AA

NetOAC Non­Admin end Admln

••• (Amount Used to

Ortsal ROPS 15-18A R.aquuWI APrT'>

Nel Difference

••

CAC Comments

CERTIFIED COPY

STATE OF CALIFORNIA ) COUNTY OF MADERA ) CITY OF MADERA )

I, Claudia Mendoza, Recording Secretary for the Successor Agency of the City of Madera, California, acting as Recording Secretary to the Oversight Board, do hereby certify that Resolution No. OB 15-01 was duly adopted by the Oversight Board of the Successor Agency to the former Madera Redevelopment Agency at a regular meeting thereof held on the 1 ih day of February 2015 by the following vote:

AYES: Board Members Manfredi, Farinelli, Robinson and Kahn

NOES: None

ABSTAIN: None

ABSENT: Board Members Wilson, Massetti and Horal

Date: February 18, 2015

Claudia Mendoza, Agency Recording Secretary City of Madera Successor Agency