Effective July 1, 2018, the local Oversight Board to the Successor Agency was dissolved and the new Orange Countywide Oversight Board (OCOB) was established. The OCOB now has oversight with respect to the Dissolution process, including review and approval of the ROPS.
The ROPS includes the administrative cost allowance as required under Health and Safety Code Section 34177 (j) through (k), and is presented in the format designed by the Department of Finance (DOF).
Upon Successor Agency approval, the ROPS will be submitted to the Orange Countywide Oversight Board for approval at its January 28, 2025 meeting. Upon OCOB approval, the ROPS will be submitted to the DOF, County, and other appropriate entities as required by the Dissolution Act by the February 1, 2025 deadline. The ROPS will also post on the Successor Agency’s website.
FISCAL IMPACT
The Successor Agency is limited to making only payments listed on the approved ROPS for each annual period. Administrative expenses are capped at three percent (3%) of the actual property tax distributed for the ROPS in the preceding fiscal year or the minimum of $250,000 per year. However, the OCOB continues to request that successor agencies reduce and minimize the administrative allowance necessary to oversee the remaining obligations on the ROPS. Therefore, the Successor Agency estimates the administrative cost allowance for FY 2025-2026 will be $110,640.
Funds will be budgeted for FY 2025-2026 in the Redevelopment Obligation Retirement Funds (account no. 67118021-various, 67018843-various) upon approval of the ROPS by DOF.
EXHIBIT(S)
1. Resolution
a. Recognized Obligation Payment Schedule FY 2025-2026
Submitted By: Michael L. Garcia, Executive Director of Community Development Approved By: Alvaro Nuñez, City Manager
City Council 3 – 2 1/21/2025
Resolution 2025-xx
SUCCESSOR AGENCY RESOLUTION NO. 2025-XX
A RESOLUTION OF THE SUCCESSOR AGENCY TO THE
FORMER COMMUNITY REDEVELOPMENT AGENCY OF THE
CITY OF SANTA ANA APPROVING THE RECOGNIZED
OBLIGATION PAYMENT SCHEDULE 25-26 FOR THE PERIOD
OF JULY1, 2025 TO JUNE30, 2026 PURSUANT TO HEALTH AND
SAFETY CODE SECTION 34177(o), AND PART 1.85 OF
DIVISION 24 OF THE CALIFORNIA HEALTH AND SAFETY CODE
(“DISSOLUTION ACT”)
BE IT RESOLVED BY THE MEMBERS OF THE SUCCESSOR AGENCY OF THE CITY OF SANTA ANA, AS FOLLOWS:
Section 1. The City Council of Santa Ana, acting as Successor Agency, conclusively finds, determines and declares as follows:
A. On January 9, 2012, pursuant to section 34173 of the California Health & Safety Code, the City of Santa Ana (“City”) elected to serve as the Successor Agency for the dissolved Community Redevelopment Agency (“Agency”) of the City of Santa Ana and selected the Housing Authority of the City of Santa Ana to act as “Successor Housing Agency.”
B. The City Council serves as the governing body of the Successor Agency under the Dissolution Act, as amended by AB 1484, AB 471, and SB 107, to administer the enforceable obligations of the Agency and otherwise unwind the Agency’s affairs.
C. SB 107 revised the timeline for the preparation of the required Recognized Obligation Payment Schedule (“ROPS”) from each six-month period to a one-year period beginning July 1, 2016.
D. The annual ROPS includes the administrative cost allowance as required under Health and Safety Code Section 34177 (j) through (k).
E. The annual ROPS for the July 1, 2025 through June 30, 2026 period must be approved by the Countywide Oversight Board and submitted to the County Auditor – Controller, State Controller’s Office, and to the State Department of Finance (“DOF”) no later than February 1, 2025.
Section 2. The Successor Agency approves the Recognized Obligation Payment Schedule 25-26, attached hereto as Exhibit A and incorporated herein by this reference, and authorizes the submission to the County of Orange and Countywide Oversight Board for review and approval.
EXHIBIT 1
City Council 3 – 3 1/21/2025
Resolution 2025-xx
Section 3. Pursuant to the Dissolution Act, the Successor Agency further authorizes the transmittal of the ROPS 25-26, upon subsequent Countywide Oversight Board approval, to DOF with copies to the County Administrative Officer, the County Auditor-Controller, and the State Controller’s Office.
Section 4. The City Manager, or his/her designee (“City Manager”), is directed to post on the City’s website the ROPS 25-26 in the manner required by law.
Section 5. The City Manager and/or the Executive Director of Community Development, or their respective designees, as delegated officials of the City acting as Successor Agency, are authorized to make or accept any augmentation, modification, additions, or revisions to the ROPS as may be necessary and appropriate in their reasonable discretion, based on review or communications from the Countywide Oversight Board, the State Department of Finance or County of Orange.
Section 6. This Resolution shall take effect immediately upon its adoption by the Successor Agency, and the Clerk of the Council shall attest to and certify the vote adopting of this Resolution.
ADOPTED this day of , 2025.
Valerie Amezcua
Mayor
APPROVED AS TO FORM:
Sonia R. Carvalho, City Attorney
By:
Andrea Garcia-Miller
Assistant City Attorney
AYES: Councilmembers:
NOES: Councilmembers:
ABSTAIN: Councilmembers:
NOT PRESENT: Councilmembers:
EXHIBIT 1
City Council 3 – 4 1/21/2025
Resolution 2025-xx
CERTIFICATION OF ATTESTATION AND ORIGINALITY
I, , Clerk of the Council do hereby attest to and certify the attached Resolution No. 2025-XX to be the original resolution adopted by the City Council acting as the Successor Agency to the former Community Redevelopment Agency on January , 2025.
Date:
City Clerk
City of Santa Ana
EXHIBIT 1
City Council 3 – 5 1/21/2025
Successor Agency: Santa Ana
County: Orange
25-26A Total
(July -
December)
25-26 Total
(January -
June)
ROPS 25-26
Total
A $ 113,236 $ 113,236 $ 226,472
B - - -
C - - -
D 113,236 113,236 226,472
E $ 11,705,754 $ 601,241 $ 12,306,995
F 11,650,434 545,921 12,196,355
G 55,320 55,320 110,640
H Current Period Enforceable Obligations (A+E): $ 11,818,990 $ 714,477 $ 12,533,467 Name Title
/s/
Signature Date
RPTTF
Administrative RPTTF
Certification of Oversight Board Chairman:
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.
Redevelopment Property Tax Trust Fund (RPTTF) (F+G):
Recognized Obligation Payment Schedule (ROPS 25-26) - Summary Filed for the July 1, 2025 through June 30, 2026 Period Enforceable Obligations Funded as Follows (B+C+D):
Bond Proceeds
Reserve Balance
Other Funds
Current Period Requested Funding for Enforceable
Obligations (ROPS Detail)
EXHIBIT A
EXHIBIT 1
City Council 3 – 6 1/21/2025
A B C D E F G H I J K L M N O P Q R S T U V W
Bond
Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF
Bond
Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF
$ 54,657,403 $ 12,533,467 $ 0 $ 0 $ 113,236 $ 11,650,434 $ 55,320 $ 11,818,990 $ 0 $ 0 $ 113,236 $ 545,921 $ 55,320 $ 714,477 30 Erickson
Lease
Agreement -
Honda
Business
Incentive
Agreements
1/19/2006 6/30/2032 Erickson
Prop. Corp.
Leasehold Rights on
AutoMall Property
Merged 566,177 N $ 226,472 113,236 $ 113,236 113,236 $ 113,236 33 Off Site
Improvemen
ts (Nexus)
Improvement/Infr
astructure
4/4/2005 6/30/2032 Various Construction of
Publicly Owned
Improvements -
Nexus
Merged 5,000,000 N $ - $ - $ -
34 Project
Costs for
Item #33
Project
Management
Costs
4/4/2005 6/30/2032 Successor
Agency /
Various
Project Management /
Services
Merged 123,250 N $ - $ - $ -
35 SA Venture
Partnership
& Other
MainPlace
Agreements
OPA/DDA/Const
ruction
5/15/1984 6/30/2032 Various Permit Fee Obligation
for Improvements
Merged 1,600,000 N $ - $ - $ -
36 Project
Costs for
Item #35
Project
Management
Costs
5/15/1984 6/30/2032 Successor
Agency /
Various
Project Management /
Services
Merged 100,000 N $ - $ - $ -
37 DDA -
Discovery
Science
Center
OPA/DDA/Const
ruction
4/21/1997 6/30/2032 City of Santa
Ana
Permit Fee Obligation
for Expansion
Merged 199,000 N $ - $ - $ -
62 Audited
Financial
Statements /
Due
Diligence
Reviews
Professional
Services
5/14/2003 6/30/2032 MGO / City of
Santa Ana /
Various
Required Per Bond
Documents / AB 1484
Merged 35,000 N $ 5,000 5,000 $ 5,000 $ -
63 Employee
Pension
Liability
Unfunded
Liabilities
2/1/2012 6/30/2032 CalPERS /
Successor
Agency
Public Employee
Defined Benefit
Pension Plan
Merged 118,729 N $ - $ - $ -
66 Successor
Agency
Admin.
Admin Costs 2/1/2012 6/30/2032 Successor
Agency /
Various
Operating costs Merged 649,360 N $ 110,640 55,320 $ 55,320 55,320 $ 55,320 25-26A (July - December)
25-26A
Total
25-26B (January - June)
25-26B
Total
Fund Sources Fund Sources
Santa Ana Recognized Obligation Payment Schedule (ROPS 25-26) - ROPS Detail July 1, 2025 through June 30, 2026
(Report Amounts in Whole Dollars)
Item #
Project
Name/Debt
Obligation Obligation Type
Contract/
Agreement
Execution
Date
Contract/
Agreement
Termination
Date Payee
Description/Project
Scope
Project
Area
Total
Outstanding
Debt or
Obligation Retired
ROPS 25-26
Total
EXHIBIT 1
City Council 3 – 7 1/21/2025
A B C D E F G H I J K L M N O P Q R S T U V W
Bond
Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF
Bond
Proceeds Reserve Balance Other Funds RPTTF Admin RPTTF
25-26A (July - December)
25-26A
Total
25-26B (January - June)
25-26B
Total
Fund Sources Fund Sources
Item #
Project
Name/Debt
Obligation Obligation Type
Contract/
Agreement
Execution
Date
Contract/
Agreement
Termination
Date Payee
Description/Project
Scope
Project
Area
Total
Outstanding
Debt or
Obligation Retired
ROPS 25-26
Total
160 2018 Tax
Allocation
Bonds Series
A
Bonds Issued
After 12/31/10
11/8/2018 9/1/2031 Bank of New
York Mellon
Debt service on
bonds to refund 2003
Bonds and 2011
Bonds
Merged 8,875,000 N $ 1,266,625 1,102,250 $ 1,102,250 164,375 $ 164,375 161 2018 Tax
Allocation
Bonds Series
A-Indenture
of Trust
Fees 11/8/2018 6/30/2032 Keyser
Marston
Associates /
Urban
Futures
Continuing disclosure Merged 13,950 N $ 1,550 $ - 1,550 $ 1,550 162 2018 Tax
Allocation
Bonds Series
A-Indenture
of Trust
Fees 11/8/2018 6/30/2032 BLX Arbitrage rebate
analysis
Merged 13,500 N $ 1,500 1,500 $ 1,500 $ -
163 2018 Tax
Allocation
Bonds Series
A-Indenture
of Trust
Fees 11/8/2018 6/30/2032 Bank of NY
Mellon
Trustee fees Merged 14,400 N $ 1,800 1,800 $ 1,800 $ -
164 2018 Tax
Allocation
Bonds Series
B
Bonds Issued
After 12/31/10
11/8/2018 9/1/2028 Bank of New
York Mellon
Debt service on
bonds to refund 2003
Bonds and 2011
Bonds
Merged 37,139,665 N $ 10,916,080 10,536,584 $ 10,536,584 379,496 $ 379,496 165 2018 Tax
Allocation
Bonds Series
B-Indenture
of Trust
Fees 11/8/2018 6/30/2029 Keyser
Marston
Associates /
Urban
Futures
Continuing disclosure Merged 4,000 N $ 500 $ - 500 $ 500 166 2018 Tax
Allocation
Bonds Series
B-Indenture
of Trust
Fees 11/8/2018 6/30/2029 BLX Arbitrage rebate
analysis
Merged 13,500 N $ 1,500 1,500 $ 1,500 $ -
167 2018 Tax
Allocation
Bonds Series
B-Indenture
of Trust
Fees 11/8/2018 6/30/2029 Bank of NY
Mellon
Trustee fees Merged 9,000 N $ 1,800 1,800 $ 1,800 $ -
EXHIBIT 1
City Council 3 – 8 1/21/2025
Item # Notes/Comments
30 33
34 35
36 37
62 63
66 160
161
162
163
164
165
166
167
Santa Ana
Recognized Obligation Payment Schedule (ROPS 25-26) - Notes July 1, 2025 through June 30, 2026
EXHIBIT 1
City Council 3 – 9 1/21/2025
A B C D E F G H
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 0 569,555 286,595
City received guidance from DOF and have updated
Beginning Cash Balances
2 Revenue/Income (Actual 06/30/23)
RPTTF amount should tie to the ROPS 22-23 total distribution from the County Auditor-Controller
4,243 240,707 11,468,589
3 Expenditures for ROPS 22-23 Enforceable Obligations
(Actual 06/30/23)
406,823 11,282,143
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)
4,243 0 208,539
5 ROPS 22-23 RPTTF Prior Period Adjustment
RPTTF amount should tie to the Agency's ROPS 22-23 PPA form submitted to the CAC
79,188
6 Ending Actual Available Cash Balance (06/30/23)
C to F = (1 + 2 - 3 - 4), G = (1 + 2 - 3 - 4 - 5)
$ 0 $ 0 $ 0 $ 403,439 $ 185,314
No entry required
Santa Ana 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. For tips on how to complete the Report of Cash Balances Form, see Cash Balance Tips Sheet.
ROPS 22-23 Cash Balances
(07/01/22 - 06/30/23)
Fund Sources
Comments
Bond Proceeds
EXHIBIT 1
City Council 3 – 10 1/21/2025