Attachment A - Resolution with Exhibit — Fresno City Council, January 11, 2024

1 of 3
Date Adopted:

Date Approved:

Effective Date:

City Attorney Approval: ______ SA Resolution No. _____________ SUCCESSOR AGENCY RESOLUTION NO. ____________

A RESOLUTION OF THE SUCCESSOR AGENCY TO THE

REDEVELOPMENT AGENCY OF THE CITY OF FRESNO

APPROVING THE RECOGNIZED OBLIGATION PAYMENT
SCHEDULE FOR JULY 1, 2024 TO JUNE 30, 2025

WHEREAS, pursuant to Health and Safety Code Section 34177(o )(1), for each period from July 1 to June 30, a successor agency shall submit a Recognized Obligation Payment Schedule to the department of finance and to the county auditor - controller no later than February 1; and
WHEREAS, the Recognized Obligation Payment Schedule is subject to approval by the Countywide Oversight Board which was established pursuant to Health & Safety Code Section 34179(j); and
WHEREAS, under Title 14 of the California Code of Regulations, Section 15378(b)(4), the approval of this Recognized Obligation Payment Schedule is exempt from the requirements of the California Environmental Quality Act ("CEQA") in that it is not a project, but instead consists of the continuation of an existing governmental funding mechanism for potential future projects and programs, and does not commit funds to any specific project or program, because it merely lists enforceable obligations previously entered into and approved by the Agency.

NOW, THEREFORE, BE IT RESOLVED that the Successor Agency to the Redevelopment Agency of the City of Fresno and the Fresno Revitalization Corporation do hereby resolve as follows:

SECTION 1: The foregoing recitals are true and correct. 2 of 3
SECTION 2: The Successor Agency Board hereby approves and adopts the Recognized Obligation Payment Schedul e for the period of July 1, 202 4 to June 30, 2025, attached as Exhibit 1.

SECTION 3: The Successor Agency Executive Director, or designee, is hereby authorized to take such actions as are necessary and appropriate to implement this Resolution including, but not limited to, transmitting the Recognized Obligation Payment Schedule to the Countywide Oversight Board for approval and meeting the filing requirement with the Department of Finance, State Controller's Office and Fresno County Auditor-Controller.

SECTION 4: This Resolution shall take effect immediately upon its adoption. * * * * * * * * * * * * * *
3 of 3

STATE OF CALIFORNIA )
COUNTY OF FRESNO ) ss.

CITY OF FRESNO )

I, Todd Stermer, Ex-Officio Clerk of the Successor Agency to the Redevelopment Agency of the City of Fresno, certify that the foregoing resolution was adopted by the Successor Agency, at a regular meeting held on the ___ day of _______ 2024.

AYES :

NOES :

ABSENT :

ABSTAIN :

Todd Stermer
City Clerk

By:

Deputy Date

APPROVED AS TO FORM:

ANDREW JANZ
Ex-Officio Attorney to the Successor
Agency to the Redevelopment Agency
of the City of Fresno

By:

Tracy Parvanian Date
Supervising Deputy City Attorney

Attachment: Exhibit 1
Recognized Obligation Payment Schedule (ROPS 24-25) - Summary Filed for the July 1, 2024 through June 30, 2025 Period Successor Agency: Fresno City
County: Fresno
Current Period Requested Funding for Enforceable
Obligations (ROPS Detail)
24-25A Total
(July -
December)
24-25B Total
(January -
June)
ROPS 24-25
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) $ 1,563,194 $ 559,936 $ 2,123,130 F RPTTF 1,438,194 434,936 1,873,130
G Administrative RPTTF 125,000 125,000 250,000
H Current Period Enforceable Obligations (A+E) $ 1,563,194 $ 559,936 $ 2,123,130 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
Fresno City
Recognized Obligation Payment Schedule (ROPS 24-25) - ROPS Detail July 1, 2024 through June 30, 2025

OPA/DDA/
Construction
07/11/
2005
06/30/2025 To Be
Determined
Site
Preparation,
maintenance,
fencing,
property
acquisition per
relocation
agreement
(various
properties)
Convention
Center
- N $- - - - - - $- - - - - - $-
10 R3 - Convention
Center - Historic
Houses (6)
Litigation 07/01/
2009
06/30/2025 To Be
Determined
Relocation/
restoration of
historic houses
Convention
Center
- N $- - - - - - $- - - - - - $-
24 R6 - Mariposa - 2003
Mariposa Tax
Allocation Bonds
Payment
Bonds
Issued On or
Before 12/
31/10
08/01/
2003
06/30/2024 Bank of New
York Mellon
Infrastructure
projects
Mariposa - N $- - - - - - $- - - - - - $-
25 O7 - Roeding -
California
Infrastructure Bank
Loan & Fees (3)
Third-Party
Loans
06/03/
2009
08/02/2033 California
Infrastructure
& Economic
Development
Bank
Infrastructure
improvements
in Roeding
Business Park
Project Area
Roeding 1,281,875 N $119,330 - - - 103,525 - $103,525 - - - 15,805 - $15,805 27 R7 - SVN - Foundry
Park CFD#5 Developer
Agreement (2)

OPA/DDA/
Construction
10/22/
1999
09/01/2031 Debrata
LLC,
Solomon
Trustee,
Wolverine
Ventures
LLC,
Jorgensen &
Sons Inc,
S&B
Enterprises,
Craig N. &
Carolyn F.

Crump,
Teton
Properties
LLC,
Express
Business
Resources
LLC,
Lawrence B
Stone
Properties,
Reimbursement
regarding
Foundry Park
infrastructure
South Van
Ness
640,000 N $45,000 - - - - - $- - - - 45,000 - $45,000

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
24-25
Total
ROPS 24-25A (Jul - Dec)
24-25A
Total
ROPS 24-25B (Jan - Jun)
24-25B
Total
Fund Sources Fund Sources
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
Bassi
Jaganjot
33 T1 - Property
Maintenance (2)
Property
Maintenance
07/01/
2024
06/30/2025 To Be
Determined
Maintenance of
Agency Owned
Properties
All 20,000 N $20,000 - - - 10,000 - $10,000 - - - 10,000 - $10,000 34 T2 - Property Sale/
Disposition of Agency
Properties - Part I -
General (8)
Property
Dispositions
07/01/
2024
06/30/2025 TBD associated
escrow fees
and other
closing costs
All - N $- - - - - - $- - - - - - $-
36 T3 - CALPERS
Unfunded Liabilities
(12)
Unfunded
Liabilities
07/01/
2024
06/30/2025 CALPERS CALPERS
Unfunded
Accrued
Liabilities
N/A 5,502,219 N $400,000 - - - 35,869 - $35,869 - - - 364,131 - $364,131 38 R0 - Successor
Agency Administrative
Budget* (1)
Admin Costs 07/01/
2024
06/30/2025 TBD Administration,
Operations/
Maintenance
N/A 250,000 N $250,000 - - - - 125,000 $125,000 - - - - 125,000 $125,000 41 T7 - Audit Professional
Services
07/01/
2024
06/30/2025 Macias Gini
& O’Connell
LLP
Required
Annual FY
Audit
N/A 38,800 N $38,800 - - - 38,800 - $38,800 - - - - - $- 44 CENTRAL BUSINESS
DISTRICT/Promissory
Note 11
City/County
Loan (Prior
06/28/11),
Cash
exchange
01/26/
1996
06/30/2045 City of
Fresno
Project Area
Loan for
Legitimate
Redevelopment
Purposes
Central
Business
District
353,464 N $- - - - - - $- - - - - - $-
45 CENTRAL BUSINESS
DISTRICT/Promissory
Note 12
City/County
Loan (Prior
06/28/11),
Cash
exchange
06/30/
1997
06/30/2045 City of
Fresno
Project Area
Loan for
Legitimate
Redevelopment
Purposes
Central
Business
District
446,527 N $- - - - - - $- - - - - - $-
52 CHINATOWN

EXPANDED
PROJECT/Promissory
Note 6
City/County
Loan (Prior
06/28/11),
Cash
exchange
05/15/
1996
06/30/2045 City of
Fresno
Project Area
Loan for
Legitimate
Redevelopment
Purposes
Chinatown 220,800 N $- - - - - - $- - - - - - $-
53 CHINATOWN

EXPANDED
PROJECT/Promissory
Note 7
City/County
Loan (Prior
06/28/11),
Cash
exchange
06/30/
1997
06/30/2045 City of
Fresno
Project Area
Loan for
Legitimate
Redevelopment
Purposes
Chinatown 54,300 N $- - - - - - $- - - - - - $-
58 FULTON
(UPTOWN)/Promissory
Note 1
City/County
Loan (Prior
06/28/11),
Cash
exchange
06/30/
1997
06/30/2045 City of
Fresno
Project Area
Loan for
Legitimate
Redevelopment
Purposes
Fulton 271,500 N $- - - - - - $- - - - - - $-
68 JEFFERSON
PROJECT/Promissory
Note 10
City/County
Loan (Prior
06/28/11),
Cash
exchange
06/30/
1997
06/30/2045 City of
Fresno
Project Area
Loan for
Legitimate
Redevelopment
Purposes
Jefferson 602,368 N $- - - - - - $- - - - - - $-

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
24-25
Total
ROPS 24-25A (Jul - Dec)
24-25A
Total
ROPS 24-25B (Jan - Jun)
24-25B
Total
Fund Sources Fund Sources
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
69 JEFFERSON
PROJECT/Promissory
Note 11
City/County
Loan (Prior
06/28/11),
Cash
exchange
06/30/
1997
06/30/2045 City of
Fresno
Project Area
Loan for
Legitimate
Redevelopment
Purposes
Jefferson 550,661 N $- - - - - - $- - - - - - $-
70 JEFFERSON
PROJECT/Promissory
Note 12
City/County
Loan (Prior
06/28/11),
Cash
exchange
06/30/
1997
06/30/2045 City of
Fresno
Project Area
Loan for
Legitimate
Redevelopment
Purposes
Jefferson 268,600 N $- - - - - - $- - - - - - $-
71 T8 - JEFFERSON
PROJECT/Promissory
Note 13
City/County
Loan (Prior
06/28/11),
Cash
exchange
04/29/
1998
06/30/2045 City of
Fresno
Project Area
Loan for
Legitimate
Redevelopment
Purposes
Jefferson 2,564,979 N $1,250,000 - - - 1,250,000 - $1,250,000 - - - - - $- 78 JEFFERSON
PROJECT/Promissory
Note 8
City/County
Loan (Prior
06/28/11),
Cash
exchange
06/30/
1996
06/30/2045 City of
Fresno
Project Area
Loan for
Legitimate
Redevelopment
Purposes
Jefferson 844,008 N $- - - - - - $- - - - - - $-
79 JEFFERSON
PROJECT/Promissory
Note 9
City/County
Loan (Prior
06/28/11),
Cash
exchange
06/30/
1996
06/30/2045 City of
Fresno
Project Area
Loan for
Legitimate
Redevelopment
Purposes
Jefferson 1,842,926 N $- - - - - - $- - - - - - $-
86 MARIPOSA PROJECT
AREA/Promissory
Note 15
City/County
Loan (Prior
06/28/11),
Cash
exchange
01/26/
1996
06/30/2045 City of
Fresno
Project Area
Loan for
Legitimate
Redevelopment
Purposes
Mariposa 67,410 N $- - - - - - $- - - - - - $-
87 MARIPOSA PROJECT
AREA/Promissory
Note 16
City/County
Loan (Prior
06/28/11),
Cash
exchange
05/15/
1996
06/30/2045 City of
Fresno
Project Area
Loan for
Legitimate
Redevelopment
Purposes
Mariposa 733,976 N $- - - - - - $- - - - - - $-
88 MARIPOSA PROJECT
AREA/Promissory
Note 17
City/County
Loan (Prior
06/28/11),
Cash
exchange
06/30/
1997
06/30/2045 City of
Fresno
Project Area
Loan for
Legitimate
Redevelopment
Purposes
Mariposa 114,754 N $- - - - - - $- - - - - - $-
115 R6 - Mariposa - 2003
Mariposa Tax
Allocation Bond -
Annual Trustee Fees
(required by bond
docs)
Bonds
Issued On or
Before 12/
31/10
08/01/
2003
06/30/2024 Bank of New
York Mellon
Infrastructure
projects
Mariposa - N $- - - - - - $- - - - - - $-
116 R6 - Mariposa - 2003
Mariposa Tax
Allocation Bond -
Annual Arbitrage
Bonds
Issued On or
Before 12/
31/10
08/01/
2003
06/30/2024 Wildan
Financial
Services
Infrastructure
projects
Mariposa - N $- - - - - - $- - - - - - $-

A B C D E F G H
ROPS 21-22 Cash Balances
(07/01/21 - 06/30/22)
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 07/01/21)
RPTTF amount should exclude "A" period distribution
amount.
435,218
2 Revenue/Income (Actual 06/30/22)
RPTTF amount should tie to the ROPS 21-22 total
distribution from the County Auditor-Controller
44,739 3,213,348
3 Expenditures for ROPS 21-22 Enforceable Obligations
(Actual 06/30/22)
3,150,808
4 Retention of Available Cash Balance (Actual 06/30/22) RPTTF amount retained should only include the amounts
distributed as reserve for future period(s)
5 ROPS 21-22 RPTTF Prior Period Adjustment
RPTTF amount should tie to the Agency's ROPS 21-22 PPA
form submitted to the CAC
No entry required 62,698
6 Ending Actual Available Cash Balance (06/30/22)
C to F = (1 + 2 - 3 - 4), G = (1 + 2 - 3 - 4 - 5)
$- $- $- $44,739 $435,060
Fresno City
Recognized Obligation Payment Schedule (ROPS 24-25) - Notes July 1, 2024 through June 30, 2025
Item # Notes/Comments
9 10
24 25
27 33
34 36
38 41
44 45
52 53
58 68
69 70
71 78
79 86
87 88
115
116
117

Fresno City CouncilJanuary 11, 2024

Fresno City Council
January 11, 2024