City of Redondo Beach - FY 2020-21 Recognized Obligation Payment Schedule (ROPS) — Redondo Beach City Council, March 15, 2022

Redondo Beach
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
$16,859,330 $1,088,770 $- $- $- $170,510 $125,000 $295,510 $- $- $- $668,260 $125,000 $793,260 2 1996 Tax
Allocation
Bonds
Revenue
Bonds
Issued
On or
Before
12/31/10
07/01/
1996
07/01/2026 US Bank Improvements
within South
Bay Center
project area
All 3,760,000 N $836,520 - - - 168,260 - $168,260 - - - 668,260 - $668,260 4 County
Deferral
Loans
ThirdParty
Loans
02/14/
1984
06/30/2021 County
of Los
Angeles
Aviation
Project Areas
All 4,220,000 N $- - - - - - $- - - - - - $-
7 RDA Bonds Fees 07/01/
2020
06/30/2021 US Bank Bond Trustee All - N $- - - - - - $- - - - - - $- 8 Administration
Costs
Admin
Costs
07/01/
2020
06/30/2021 City of
Redondo
Beach
Annual
amount
estimated to
be paid to the
City for
Agency
administration
services
All 250,000 N $250,000 - - - - 125,000 $125,000 - - - - 125,000 $125,000 9 County
Deferral
Loans
ThirdParty
Loans
11/15/
1983
06/30/2021 County
of Los
Angeles
South Bay
Center
All 6,934,418 N $- - - - - - $- - - - - - $-
12 RDA Bonds Fees 07/01/
2020
06/30/2021 BLX
Group
Bond arbitrage
rebate
calculations
All 2,250 N $2,250 - - - 2,250 - $2,250 - - - - - $-
13 Supplemental
Educational
Revenue
Augmentation
Fund Loan
SERAF/
ERAF
06/15/
2010
06/30/2021 Redondo
Beach
Housing
Authority
Funding for
local school
districts
All 1,403,671 N $- - - - - - $- - - - - - $-
14 Supplemental
Educational
Revenue
Augmentation
Fund Loan
SERAF/
ERAF
05/03/
2011
06/30/2021 Redondo
Beach
Housing
Authority
Funding for
local school
districts
All 288,991 N $- - - - - - $- - - - - - $-
16 Credit Facility ThirdParty 12/11/
2012
09/01/2019 Bank of
America
Letter of Credit
for 2001
All - Y $- - - - - - $- - - - - - $-

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.
- 377,065 2,250
2 Revenue/Income (Actual 06/30/18)
RPTTF amount should tie to the ROPS 17-18 total
distribution from the County Auditor-Controller
359,462 937,963
3 Expenditures for ROPS 17-18 Enforceable Obligations
(Actual 06/30/18)
262,556 935,713
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)
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
2,250
6 Ending Actual Available Cash Balance (06/30/18)
C to F = (1 + 2 - 3 - 4), G = (1 + 2 - 3 - 4 - 5)
$- $- $- $473,971 $2,250
Redondo Beach
Recognized Obligation Payment Schedule (ROPS 20-21) - Notes July 1, 2020 through June 30, 2021
Item # Notes/Comments
2 4
7 8
9 12
13 14
16

Redondo Beach City CouncilMarch 15, 2022

Redondo Beach City Council
March 15, 2022