Recognized Obligation Payment Schedule (ROPS 25-26) - Summary Filed for the July 1, 2025 through June 30, 2026 Period Successor Agency: Alameda City
County: Alameda
Current Period Requested Funding for Enforceable
Obligations (ROPS Detail)
25-26A Total
(July -
December)
25-26B Total
(January -
June)
ROPS 25-26
Total
A Enforceable Obligations Funded as Follows (B+C+D) $ 3,907,192 $ - $ 3,907,192 B Bond Proceeds - - -
C Reserve Balance 3,793,297 - 3,793,297
D Other Funds 113,895 - 113,895
E Redevelopment Property Tax Trust Fund (RPTTF) (F+G) $ 2,311,306 $ 6,139,494 $ 8,450,800 F RPTTF 2,231,033 6,059,222 8,290,255
G Administrative RPTTF 80,273 80,272 160,545
H Current Period Enforceable Obligations (A+E) $ 6,218,498 $ 6,139,494 $ 12,357,992 Certification of Oversight Board Chairman:
Name Title
Pursuant to Section 34177 (o) of the Health and Safety
code, I hereby certify that the above is a true and
accurate Recognized Obligation Payment Schedule for
the above named successor agency. /s/
Signature Date
EXHIBIT 1
Alameda City
Recognized Obligation Payment Schedule (ROPS 25-26) - ROPS Detail July 1, 2025 through June 30, 2026
A B C D E F G H I J K M N O P Q 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
25-26 Total
ROPS 25-26A (Jul - Dec)
25-26A
Total
ROPS 25-26B (Jan - Jun)
25-26B
Total
Fund Sources Fund Sources
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
$95,249,736 $12,357,992 $3,793,297 $113,895 $2,231,033 $80,273 $6,218,498 $- $- $6,059,222 $80,272 $6,139,494 13 Bond Trustee
Fees
Fees 10/01/
2003
09/01/2041 U. S. Bank,
N. A./ Trustee
Trustee fees
for SA tax
allocation
bonds
BWIP/
WECIP
128,000 N $8,000 - - 4,000 - $4,000 - - 4,000 - $4,000
19 Alameda
Landing DDA
OPA/DDA/
Construction
12/05/
2006
04/01/2049 Catellus
Alameda
Development,
LLC
(successor in
interest to
Palmtree
Acquisition
Corp.)
DDA for
mixed use
project
All - Y $- - - - - $- - - - - $-
23 Alameda
Landing DDA:
Related
Public
Improvement
Obligations
OPA/DDA/
Construction
12/05/
2006
04/01/2049 Contractor
not selected
CIC funding
obligation for
public
improvements
which are
conditions of
approval for
Alameda
Landing
project.
Mitigation
Monitoring
and
Reporting
Plan items
MM T/C-3, T/
C-11b.
Appurtenant
Obligation to
the Alameda
Landing DDA.
All 1,875,000 N $- - - - - $- - - - - $-
28 Independence
Plaza
Agreement
OPA/DDA/
Construction
01/18/
1989
01/01/2027 Alameda
Housing
Authority
Affordable
Hsg Project
Obligation
BWIP/
WECIP
4,023,000 N $2,681,856 - 113,895 1,227,033 - $1,340,928 - - 1,340,928 - $1,340,928 33 Boatworks
Settlement
Agreement
Litigation 10/05/
2010
06/18/2042 Francis &
Catherine
Collins
Housing and
Non-housing
Project
BWIP/
WECIP
4,500,000 N $- - - - - $- - - - - $-
A B C D E F G H I J K M N O P Q 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
25-26 Total
ROPS 25-26A (Jul - Dec)
25-26A
Total
ROPS 25-26B (Jan - Jun)
25-26B
Total
Fund Sources Fund Sources
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
Obligation.
Obligation
limited to tax
increment
generated by
project.
34 Boatworks
Project
Settlement
Agreement /
Mitigation
Monitoring
and Reporting
Plan Public
Improvement
Obligations
Litigation 10/05/
2010
06/18/2042 Contractor
not selected
CIC funding
commitment
for public
improvements
required as
part of
conditions of
approval for
project.
Identified as
Mitigation
Monitoring
and
Reporting
Plan items
B-10, B-11,
B-12.
BWIP/
WECIP
80,550 N $- - - - - $- - - - - $-
36 Guyton
Judgment and
Settlement
Agreement
and the
Alameda
Unified
School
District
Agreement
subject to its
terms
Litigation 04/25/
1990
01/01/2046 Island City
Development,
Alameda
Unified
School
District and
other parties
engaged for
purposes of
implementing
the terms of
the
agreements
Affordable
housing
production /
funding
agreement.
Island City
Development
is an affiliated
non-profit
corporation of
the Housing
Authority of
the City of
Alameda.
All 31,919,947 N $1,000,000 - - 1,000,000 - $1,000,000 - - - - $- 46 Successor
Agency
Administrative
Costs
Admin
Costs
07/01/
2025
06/30/2026 Various Successor
Agency
administrative
cost
allowance
All 160,545 N $160,545 - - - 80,273 $80,273 - - - 80,272 $80,272 56 2014 Bonds,
Series A and
B, current
payment due
Refunding
Bonds
Issued After
6/27/12
12/23/
2014
09/01/2033 U. S. Bank,
N. A./ Trustee
Amount due
to trustee for
current ROPS
period
BWIP/
WECIP
33,612,375 N $3,770,750 3,160,375 - - - $3,160,375 - - 610,375 - $610,375
A B C D E F G H I J K M N O P Q 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
25-26 Total
ROPS 25-26A (Jul - Dec)
25-26A
Total
ROPS 25-26B (Jan - Jun)
25-26B
Total
Fund Sources Fund Sources
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
to Trustee payment.
57 2014 Bonds,
Series A and
B, required
reserve for
upcoming
payment
Refunding
Bonds
Issued After
6/27/12
12/23/
2014
09/01/2033 U. S. Bank,
N. A./ Trustee
Reserve
required to be
reflected on
each January
ROPS
pursuant to
the First
Supplemental
Indenture of
Trust, Section
5.01 (l) equal
to annual
principal
payment and
second
interest
payment due
September 1.
BWIP/
WECIP
3,215,375 N $3,215,375 - - - - $- - - 3,215,375 - $3,215,375 58 2017 Bonds,
current
payment due
to Trustee
Refunding
Bonds
Issued After
6/27/12
06/07/
2017
09/01/2041 U. S. Bank,
N. A./ Trustee
Amount due
to trustee for
current ROPS
period
payment.
BWIP/
WECIP
15,063,172 N $849,694 632,922 - - - $632,922 - - 216,772 - $216,772 59 2017 Bonds,
required
reserve for
upcoming
payment
Refunding
Bonds
Issued After
6/27/12
06/07/
2017
09/01/2041 U. S. Bank,
N. A./ Trustee
Reserve
required to be
reflected on
each January
ROPS
pursuant to
the First
Supplemental
Indenture of
Trust, Section
5.01 (l) equal
to annual
principal
payment and
second
interest
payment due
September 1.
BWIP/
WECIP
671,772 N $671,772 - - - - $- - - 671,772 - $671,772
Alameda City
Recognized Obligation Payment Schedule (ROPS 25-26) - Report of Cash Balances July 1, 2022 through June 30, 2023
(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 22-23 Cash Balances
(07/01/22 - 06/30/23)
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 07/01/22)
RPTTF amount should exclude "A" period distribution
amount.
3,537,344 580,060 153,200
2 Revenue/Income (Actual 06/30/23)
RPTTF amount should tie to the ROPS 22-23 total
distribution from the County Auditor-Controller
113,895 8,882,109
3 Expenditures for ROPS 22-23 Enforceable Obligations
(Actual 06/30/23)
3,537,344 259,352 5,239,324
4 Retention of Available Cash Balance (Actual 06/30/23) RPTTF amount retained should only include the amounts
distributed as reserve for future period(s)
434,603 3,736,449 Col. F includes amounts applied to fund current & prior ROPS ($53,594 for 23-24,
$267,114 for 24-25, and $113,895 for ROPS
26-27). Col G includes $3,610,683 used for
23-24 bond payments + $50,239 in 20-21
PPA funds applied to ROPS 23-24 + $75,527
in 21-22 PPA funds applied to ROPS 24-25.
All amounts are required for enforceable
obligations.
5 ROPS 22-23 RPTTF Prior Period Adjustment
RPTTF amount should tie to the Agency's ROPS 22-23 PPA
No entry required 59,536 offset to RPTTF allocation for FY 25-26 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 22-23 Cash Balances
(07/01/22 - 06/30/23)
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
form submitted to the CAC
6 Ending Actual Available Cash Balance (06/30/23)
C to F = (1 + 2 - 3 - 4), G = (1 + 2 - 3 - 4 - 5)
$- $- $- $- $-
Alameda City
Recognized Obligation Payment Schedule (ROPS 25-26) - Notes July 1, 2025 through June 30, 2026
Item # Notes/Comments
13 19
23 28
33 The City of Alameda has taken the position in litigation brought by the successor-in-interest to the Boatworks Settlement Agreement that the Agreement has expired. Boatworks, LLC vs City of Alameda, et al, Alameda County Superior Court Case No. RG16823346. However, pursuant to the Superior Courts November 3, 2016, order granting preliminary injunction, which included a finding that the agreement may not have expired, the Successor Agency is continuing to list this settlement as an obligation.
34 36
46 56
57 58
59