Recognized Obligation Payment Schedule (ROPS 26-27) - Summary Filed for the July 1, 2026 through June 30, 2027 Period Successor Agency: Hercules
County: Contra Costa
Current Period Requested Funding for Enforceable
Obligations (ROPS Detail)
26-27A Total
(July -
December)
26-27B Total
(January -
June)
ROPS 26-27
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) $ 5,011,721 $ 5,054,770 $ 10,066,491 F RPTTF 4,886,721 4,929,770 9,816,491
G Administrative RPTTF 125,000 125,000 250,000
H Current Period Enforceable Obligations (A+E) $ 5,011,721 $ 5,054,770 $ 10,066,491 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
Hercules
Recognized Obligation Payment Schedule (ROPS 26-27) - ROPS Detail July 1, 2026 through June 30, 2027
A B C D E F G H I J K O P Q U V W
Item
# Project Name Obligation Type
Agreement
Execution
Date
Agreement
Termination
Date
Payee Description Project
Area
Total
Outstanding
Obligation
Retired ROPS
26-27 Total
ROPS 26-27A (Jul -
Dec)
26-27A
Total
ROPS 26-27B (Jan -
Jun)
26-27B
Total Fund Sources Fund Sources
RPTTF Admin
RPTTF RPTTF Admin
RPTTF
$152,713,433 $10,066,491 $4,886,721 $125,000 $5,011,721 $4,929,770 $125,000 $5,054,770 5 Catellus/Hercules
LLC
OPA/DDA/
Construction
01/01/
2009
02/15/2044 Catellus Settlement Agreement All 43,628,202 N $1,750,000 850,000 - $850,000 900,000 - $900,000 10 OPA (Owner
Participation
Agreement)
OPA/DDA/
Construction
11/15/
1996
11/15/2041 Hercules Senior
Housing/Bridge
OPA for Senior Housing All 1,950,000 N $130,000 65,000 - $65,000 65,000 - $65,000 20 Bank and Trustee
Fees
Fees 08/01/
2005
12/31/2044 Various Bank and trustee fees for
Redevelopment bond and bank
accounts
All 96,000 N $6,000 6,000 - $6,000 - - $-
21 SERAF SERAF/ERAF 07/01/
2009
06/30/2011 State of
California
NONE All 6,020,951 N $- - - $- - - $-
22 Administrative
Costs
Admin Costs 07/01/
2026
06/30/2027 Various NONE All 250,000 N $250,000 - 125,000 $125,000 - 125,000 $125,000 32 2022 Tax
Allocation
Refunding Bond
Refunding Bonds
Issued After 6/27/
12 08/01/
2022
08/01/2042 Bank of New
York
Pending refinancing of 2005 and
2007 bonds (ROPS Items 1-4)
All 100,768,280 N $7,930,491 3,965,721 - $3,965,721 3,964,770 - $3,964,770 Hercules
Recognized Obligation Payment Schedule (ROPS 26-27) - Report of Cash Balances July 1, 2023 through June 30, 2024
(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 23-24 Cash Balances
(07/01/23 - 06/30/24)
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 07/01/23)
RPTTF amount should exclude "A" period distribution
amount.
2,216,036 43,719 62,431 E: PPA 21-22 applied to ROPS 24-25 expenses ($415,452) + Reserve for ROPS
23-24 Item 32 debt service ($1,800,584) F:
Other Funds applied to ROPS 24-25 Item 22
($43,719) G: PPA 20-21 applied to ROPS
23-24 epenses ($62,431)
2 Revenue/Income (Actual 06/30/24)
RPTTF amount should tie to the ROPS 23-24 total
distribution from the County Auditor-Controller
7,080,187
3 Expenditures for ROPS 23-24 Enforceable Obligations
(Actual 06/30/24)
1,800,584 7,081,093
4 Retention of Available Cash Balance (Actual 06/30/24) RPTTF amount retained should only include the amounts
distributed as reserve for future period(s)
415,452 43,719 E: PPA 21-22 applied to ROPS 24-25
expenses ($415,452) F: Other Funds applied
to ROPS 24-25 Item 22
5 ROPS 23-24 RPTTF Prior Period Adjustment
RPTTF amount should tie to the Agency's ROPS 23-24 PPA
form submitted to the CAC
No entry required 61,525
6 Ending Actual Available Cash Balance (06/30/24) $- $- $- $- $- 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 23-24 Cash Balances
(07/01/23 - 06/30/24)
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
C to F = (1 + 2 - 3 - 4), G = (1 + 2 - 3 - 4 - 5)
Hercules
Recognized Obligation Payment Schedule (ROPS 26-27) - Notes July 1, 2026 through June 30, 2027
Item # Notes/Comments
5 10
20 21
22 32