sa 2022 AR 12/13 recognized obligation payment schedule 22.23

ACTION:
____________________________
Clerk/Secretary
Department: City Manager Item No: C11
Prepared by: Sylvia Solis Daniels, Housing Program Manager Meeting Date: December 13, 2022 Approved by: Amanda Lee, Acting City Manager Agenda Location: Consent Calendar SUBJECT: RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS 23-24) RECOMMENDATION:

1.Adopt Successor Agency Resolution No. 2022- , approving a Recognized Obligation Payment Schedule (ROPS 23-24) pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith.

2.Adopt Successor Agency Resolution No. 2022- , approving the Administrative Budget pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith.

CORRELATION TO CITY COUNCIL GOALS: Fiscal Responsibility.

PRIOR ACTION: On December 14, 2021, adopted Successor Agency Resolution No. 2021-1, approving a Recognized Obligation Payment Schedule (ROPS 22-23) pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith; and adopted Successor Agency Resolution No. 2021-2, approving the Administrative Budget pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith (Vote: 5-0).

See Exhibit 6 for a comprehensive list of prior actions.

STATEMENT ON THE SUBJECT: As of February 1, 2012, the California State Legislature, pursuant to Assembly Bill X1 26 (AB 26), eliminated redevelopment agencies statewide. This dissolved the Vista Redevelopment Agency and established a new entity known as the Successor Agency to the Vista Redevelopment Agency (Successor Agency). The Successor Agency’s primary responsibility is to manage the Redevelopment Agency’s former assets and coordinate its dissolution.

A key component of the dissolution process is the Recognized Obligation Payment Schedule (ROPS), which must be adopted by the Successor Agency. The ROPS is adopted annually and covers a 12-month period. Each ROPS lists the enforceable obligations that may be paid by the Successor Agency and is the basis for the distribution of property tax revenues from the County’s Redevelopment Property Tax Trust Fund (RPTTF). Additionally, the ROPS must be approved by the Successor Agency, the Countywide Oversight Board, and the State Department of Finance (DOF).

Countywide Redevelopment Successor Agency Oversight Board. Assembly Bill 26 (Blumenfield) established a seven member Oversight Board to the Successor Agency of the Vista Redevelopment Agency (Vista Oversight Board) to review, and/or approve certain actions of the Successor Agency.

AGENDA
REPORT

CITY COUNCIL

COMMUNITY DEVELOPMENT COMMISSION

SUCCESSOR AGENCY

BUENA SANITATION DISTRICT

JOINT POWERS FINANCING AUTHORITY
12/13/2022 C11 Page 1 of 17
Approved above recommendation, adopted the following: 1) Successor Agency Resolution No. 2022-2; and 2) Successor Agency Resolution No. 2022-3. Vote: 5-0

MEETING DATE: December 13, 2022 PAGE 2
SUBJECT: RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS 23-24) Effective July 1, 2018, pursuant to Health and Safety Code Section 34179 (j), the Vista Oversight Board was dissolved and replaced by the Countywide Redevelopment Successor Agency Oversight Board (Countywide Oversight Board). The Countywide Oversight Board is a seven-member board facilitated by the County of San Diego and has the authority to oversee and direct the City’s wind down activities, attached as Exhibit 5 is the Countywide-Oversight Board Membership.

Recognized Obligation Payment Schedule. The ROPS 23-24 (Exhibit 3) lists obligations totaling approximately $7,299,622 for the period of July 1, 2023 through June 30, 2024. The Successor Agency estimates that it will receive funds from the Redevelopment Property Tax Trust Fund (RPTTF) in the amount of $6,153,450 and funds from other funding sources of $1,146,172. The obligations have been significantly reduced from the prior year due to two City loans that were paid off in the last fiscal year.

Annually, obligations will reduce as obligations are paid down.

Administrative Budget. In addition to the ROPS, the Successor Agency must also approve an Administrative Budget. The proposed Administrative Budget (Exhibit 4) for the period covered by ROPS 23-24 is $250,000, which is compliant with the administrative cost allowance cap. Reimbursement for the Administrative Budget occurs through payments made on the cooperation agreement between the City and Successor Agency, which is listed on the ROPS. Like the ROPS, Administrative Budgets are also subject to Oversight Board and DOF review and approval. Staff recommend approval of the ROPS 23-24 and the Administrative Budget. If approved, these items will be considered by the Countywide Oversight Board on January 19, 2023, in time to be formally submitted to the DOF by the February 1, 2023 deadline.

FISCAL IMPACT: Approval of ROPS 23-24 and the Administrative Budget for July 1, 2023 through June 30, 2024 by the Successor Agency, Countywide Oversight Board, and the DOF, will permit the County Auditor/Controller to distribute funds in June 2023 and January 2024 from the RPTTF to the Successor Agency’s Redevelopment Obligation Retirement Fund to pay enforceable obligations listed on ROPS 23-

24.ROPS 23-24 requests $6,153,450 from the RPTTF, and $1,146,172 in other funding sources, to meet its total obligations of $7,299,622.

EXHIBITS:

1.Successor Agency Resolution No. 2022- , approving a Recognized Obligation Payment Schedule (ROPS 23-24) pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith

2.Successor Agency Resolution No. 2022- , approving the Administrative Budget pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith

3.Recognized Obligation Payment Schedule (ROPS 2023-24) Worksheet

4.Administrative Budget (July 1, 2023 – June 30, 2024)

5.Countywide Oversight Board

6.Prior Actions
12/13/2022 C11 Page 2 of 17

00029213 6
RESOLUTION NO. 2022-

A RESOLUTION OF THE BOARD OF THE SUCCESSOR AGENCY TO THE

VISTA REDEVELOPMENT AGENCY, APPROVING A RECOGNIZED
OBLIGATION PAYMENT SCHEDULE (ROPS 23-24) PURSUANT TO HEALTH AND SAFETY CODE SECTION 34177 AND TAKING CERTAIN ACTIONS IN

CONNECTION THEREWITH
The Board of the Successor Agency does resolve as follows:

1. Findings. The Successor Agency Board hereby finds and declares the following:

A. To comply with Section 34177 of the Health and Safety Code, the Board of the Successor Agency to the Vista Redevelopment Agency ("Successor Agency") is required to approve a recognized obligation payment schedule to cover the period from July 1, 2023 through June 30, 2024 ("Covered Period").

B.The Board, at this time, wishes to approve a recognized obligation payment schedule ("ROPS"), for the Covered Period, a copy of which is on file with the Secretary to the Successor Agency.

C. Pursuant to the direction provided in the approval of ROPS for prior periods, amounts owed on enforceable obligations payable during such prior periods which were not paid in full have been rolled over for payment in the Covered Period.

2. Action.

A.The above recitals are true, correct, and are hereby adopted.

B.The Board hereby approves the ROPS for the Covered Period.

C. To the extent that sufficient funds are unavailable in the Redevelopment Property Tax Trust Fund ("RPTTF") to satisfy an obligation payable from the RPTTF or from a different funding source, as listed on the ROPS, that obligation shall be paid using "other funds", to the extent available, and any remaining balance on that obligation shall thereafter be carried forward as a continuing obligation for payment in succeeding payment periods using appropriately designated revenue sources.

D.The Successor Agency Secretary is hereby authorized and directed to post the ROPS on the City's website.

E.The Secretary to the Successor Agency is hereby authorized and directed to transmit a copy of the ROPS by mail or electronic means to the County Administrative Officer, County Auditor-Controller, the State Controller, the Department of Finance, and such other parties as may be required by law.

F.The officers and staff of the Successor Agency are hereby authorized and directed, jointly and severally, to do any and all things which they may deem necessary or advisable to effectuate this Resolution, including providing documents associated with the ROPS to the Department of Finance and the State Controller in the manner of their choosing, and any such actions previously taken by such officers are hereby ratified and confirmed. 12/13/2022 C11 Page 3 of 17EXHIBIT 1

RESOLUTION NO. 2022-

SUCCESSOR AGENCY TO THE VISTA REDEVELOPMENT AGENCY
PAGE 2
00029213 6EXH 1 SA Resolution ROPS 23-24.docx
G.The Successor Agency Executive Director, in consultation with the Successor Agency Counsel, may modify the ROPS as the Successor Agency Executive Director or the Successor Agency Counsel deems necessary or advisable provided that such adjustment shall not include an acceleration or increase in payments due under any obligation listed in the ROPS without the Oversight Board's authorization.

3. Adoption. PASSED AND ADOPTED at a meeting of the Successor Agency Board of the City of Vista held on December 13, 2022, by the following vote:

AYES:

NOES:

ABSTAIN:

APPROVED AS TO FORM:

WALTER CHUNG, SUCCESSOR AGENCY

COUNSEL
By:

APPROVED
Walter C. Chung
20221206082030

JOHN FRANKLIN, SUCCESSOR AGENCY CHAIR
ATTEST:

KATHY VALDEZ, SUCCESSOR AGENCY

SECRETARY
By:
12/13/2022 C11 Page 4 of 17

00029213 6
RESOLUTION NO. 2022-

A RESOLUTION OF THE BOARD OF THE SUCCESSOR AGENCY TO THE

VISTA REDEVELOPMENT AGENCY, APPROVING THE ADMINISTRATIVE BUDGET PURSUANT TO HEALTH AND SAFETY CODE SECTION 34177

AND TAKING CERTAIN ACTIONS IN CONNECTION THEREWITH
The Board of the Successor Agency does resolve as follows:

1. Findings. The Successor Agency Board hereby finds and declares the following:

A. To comply with Section 34177 of the Health and Safety Code, the Board of the Successor Agency to the Vista Redevelopment Agency ("Successor Agency") is required to approve an administrative budget for each twelve-month operating period.

B. Once approved by the Successor Agency, the administrative budget is to be presented to an oversight board for consideration and approval.

C.At this time, the Successor Agency wishes to approve an administrative budget for the period between July 1, 2023 and June 30, 2024 (“Administrative Budget”). A copy of the Administrative Budget has been provided to the Successor Agency and is on file with the Successor Agency Secretary.

2. Action.

A.The above recitals are true, correct, and are hereby adopted.

B.The Board hereby approves the Administrative Budget.

C.The Executive Director, or his designee, is directed to make such refinements and adjustments in the administrative budgets as may be needed to comply with applicable standards developed in connection with such budgets or to otherwise satisfy the review standards for such budgets.

D.The officers and staff of the Successor Agency are hereby authorized and directed, jointly and severally, to do any and all things which they may deem necessary or advisable to effectuate this Resolution.
12/13/2022 C11 Page 5 of 17EXHIBIT 2

RESOLUTION NO. 2022-

SUCCESSOR AGENCY TO THE VISTA REDEVELOPMENT AGENCY
PAGE 2
00029213 6EXH 2 SA Resolution Admin Budget 23-24.docx

3. Adoption. PASSED AND ADOPTED at a meeting of the Successor Agency Board of the City of Vista held on December 13, 2022, by the following vote:

AYES:

NOES:

ABSTAIN:

APPROVED AS TO FORM:

WALTER CHUNG, SUCCESSOR AGENCY

COUNSEL
By:

JOHN FRANKLIN, SUCCESSOR AGENCY CHAIR
ATTEST:

KATHY VALDEZ, SUCCESSOR AGENCY

SECRETARY
By:

APPROVED
Walter C. Chung
20221206082203
12/13/2022 C11 Page 6 of 17

Recognized Obligation Payment Schedule (ROPS 23-24) - Summary Filed for the July 1, 2023 through June 30, 2024 Period Successor Agency: Vista
County: San Diego
Current Period Requested Funding for Enforceable
Obligations (ROPS Detail)
23-24A Total
(July -
December)
23-24B Total
(January -
June)
ROPS 23-24
Total
A Enforceable Obligations Funded as Follows (B+C+D) $ 743,074 $ 403,098 $ 1,146,172 B Bond Proceeds - - -
C Reserve Balance - - -
D Other Funds 743,074 403,098 1,146,172
E Redevelopment Property Tax Trust Fund (RPTTF) (F+G) $ 4,421,121 $ 1,732,329 $ 6,153,450 F RPTTF 4,391,121 1,512,329 5,903,450
G Administrative RPTTF 30,000 220,000 250,000
H Current Period Enforceable Obligations (A+E) $ 5,164,195 $ 2,135,427 $ 7,299,622 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
12/13/2022 C11 Page 7 of 17EXHIBIT 3

Vista
Recognized Obligation Payment Schedule (ROPS 23-24) - ROPS Detail July 1, 2023 through June 30, 2024

Vista
RDA
25,791,531 N $941,100 - - - 470,550 - $470,550 - - - 470,550 - $470,550 8 2005 Vista
Hidden Valley
Tax Allocation
Bonds (TABs)
Series A
Bonds
Issued On or
Before 12/
31/10
06/07/
2005
09/01/2025 The
Depository
Trust
Company,
New York
Bond issue to refund
the outstanding 1995
tax allocation bonds for
financing a low and
moderate income
housing project, Vista
Hidden Valley
Apartments.

Vista
RDA
550,355 N $184,380 - - 113,763 62,742 - $176,505 - - - 7,875 - $7,875 9 2010 Housing
Tax Allocation
Bonds (TABs)
Bonds
Issued On or
Before 12/
31/10
03/02/
2010
09/01/2037 The
Depository
Trust
Company,
New York
Bond issue to increase,
improve, and preserve
the supply of low and
moderate income
housing in the City of
Vista.

Vista
RDA
177,394,578 N $1,026,409 - - 625,011 - - $625,011 - - 401,398 - - $401,398 10 Bond
Administration
Services/
Consulting
Services
Fees 06/01/
1998
09/01/2037 NBS, US
Bank, BLX
Group
Bond Continuing
Disclosure/Arbitrage
Services/Trustee Fees
Vista
RDA
675,000 N $30,000 - - - 15,000 - $15,000 - - - 15,000 - $15,000 13 Note Payable OPA/DDA/
Construction
07/01/
1993
05/17/2029 North
County
Square
Pursuant to an Owner
Participation,
Disposition and
Development
Agreement in
connection with the
acquisition of certain
public improvements.

Vista
RDA
400,000 N $400,000 - - - 200,000 - $200,000 - - - 200,000 - $200,000 14 Development
and Disposition
Agreement
(DDA)

OPA/DDA/
Construction
03/26/
1993
06/30/2022 Walmart,
Inc.

Tax increment
reimbursement
Vista
RDA
500,000 N $- - - - - - $- - - - - - $-
40 Asset
(Property)
Management
Property
Maintenance
07/01/
2015
12/31/2019 Various
vendors
Asset preservation/
compliance with leases/
Compliance with code
/Management and
Maintenance of Agency
controlled properties
Vista
RDA
200 N $- - - - - - $- - - - - - $-
41 Utility services Property
Maintenance
07/01/
2015
12/31/2018 SDG&E
and Vista
Irrigation
Gas and electric, water
and sewer payments
related to agency
Vista
RDA
- N $- - - - - - $- - - - - - $-
12/13/2022 C11 Page 8 of 17

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
23-24
Total
ROPS 23-24A (Jul - Dec)
23-24A
Total
ROPS 23-24B (Jan - Jun)
23-24B
Total
Fund Sources Fund Sources
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
Bond
Proceeds
Reserve
Balance
Other
Funds RPTTF Admin
RPTTF
District
(VID)
owned properties
43 Contract for
professional
services/
consulting
Professional
Services
04/24/
2012
03/31/2037 Davis Farr
CPAs
Successor Agency
Audit/Financial Reports
Vista
RDA
6,000 N $6,000 - - 4,300 - - $4,300 - - 1,700 - - $1,700 58 Cooperative
Agreement with
the Successor
Agency to the
Vista
Redevelopment
Agency
Admin Costs 07/01/
2015
12/31/2025 City of
Vista
Staffing and
Administrative Services
Vista
RDA
250,000 N $250,000 - - - - 30,000 $30,000 - - - - 220,000 $220,000 64 Loan
Agreement for
Approved
Enforceable
Obligations
RPTTF
Shortfall
02/26/
2013
12/31/2025 City of
Vista
Loan Agreement to
address shortfall(s) in
available RPTTF
proceeds
Vista
RDA
- N $- - - - - - $- - - - - - $-
65 City Loans
(2011-1,
2011-2, 2011-4)
City/County
Loan (Prior
06/28/11),
Property
transaction
02/26/
2013
12/31/2025 City of
Vista
Loan from City of Vista
for pre 2011 Land
Acquisitions
Vista
RDA
- N $- - - - - - $- - - - - - $-
66 City Loans
(2011-3)
City/County
Loan (Prior
06/28/11),
Property
transaction
02/26/
2013
12/31/2025 City of
Vista
Loan from City of Vista
for pre 2011 Land
Acquisitions
Vista
RDA
- N $- - - - - - $- - - - - - $-
68 Legal Services
Agreement
Legal 07/01/
2015
12/31/2019 City of
Vista
Defense Costs of
Lawsuit filed against
SA
Vista
RDA
10,000 N $10,000 - - - 5,000 - $5,000 - - - 5,000 - $5,000 70 Property
Disposition
Costs
Property
Dispositions
07/01/
2015
12/31/2019 Various
Payees
Consultant, appraisal
and related costs for
Property Disposition
Vista
RDA
- N $- - - - - - $- - - - - - $-
73 2015 Tax
Allocation
Bonds Series A
Bonds
Issued After
12/31/10
03/04/
2015
09/01/2037 The
Depository
Trust
Company,
New York
Refund ROPs items #1
through #5 per DOF
approval letter dated
12/19/2014
Vista
RDA
23,519,605 N $1,578,201 - - - 1,233,163 - $1,233,163 - - - 345,038 - $345,038 74 2015 Tax
Allocation
Bonds Series
B-1
Bonds
Issued After
12/31/10
03/04/
2015
09/01/2037 The
Depository
Trust
Company,
New York
Refund ROPs items #1
through #5 per DOF
approval letter dated
12/19/2014
Vista
RDA
28,104,147 N $2,723,294 - - - 2,263,647 - $2,263,647 - - - 459,647 - $459,647 75 2015 Tax
Allocation
Bonds Series
B-2
Bonds
Issued After
12/31/10
03/04/
2015
09/01/2025 The
Depository
Trust
Company,
New York
Refund ROPs items #1
through #5 per DOF
approval letter dated
12/19/2014
Vista
RDA
388,831 N $130,238 - - - 126,019 - $126,019 - - - 4,219 - $4,219 76 Legal Services Legal 07/01/06/30/2019 City of Defense Costs of 20,000 N $20,000 - - - 15,000 - $15,000 - - - 5,000 - $5,000 12/13/2022 C11 Page 9 of 17

Vista
Recognized Obligation Payment Schedule (ROPS 23-24) - Report of Cash Balances July 1, 2020 through June 30, 2021
(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 20-21 Cash Balances
(07/01/20 - 06/30/21)
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 07/01/20)
RPTTF amount should exclude "A" period distribution
amount.
2,032,924 14,702,203 433,559
2 Revenue/Income (Actual 06/30/21)
RPTTF amount should tie to the ROPS 20-21 total
distribution from the County Auditor-Controller
59 178 1,145,935 11,062,635
3 Expenditures for ROPS 20-21 Enforceable Obligations
(Actual 06/30/21)
1,487 6,403,973 12,209,650
4 Retention of Available Cash Balance (Actual 06/30/21) RPTTF amount retained should only include the amounts
distributed as reserve for future period(s)
5 ROPS 20-21 RPTTF Prior Period Adjustment
RPTTF amount should tie to the Agency's ROPS 20-21 PPA
form submitted to the CAC
No entry required -
6 Ending Actual Available Cash Balance (06/30/21)
C to F = (1 + 2 - 3 - 4), G = (1 + 2 - 3 - 4 - 5)
$2,031,496 $8,298,408 $433,559 $1,145,935 $(1,147,015)
12/13/2022 C11 Page 11 of 17

Vista
Recognized Obligation Payment Schedule (ROPS 23-24) - Notes July 1, 2023 through June 30, 2024
Item # Notes/Comments
6 8
9 10
13 14
40 41
43 58
64 65
66 68
70 73
74 75
76 77
12/13/2022 C11 Page 12 of 17

Budgeted Difference
Staffing*
Salaries & Benefits $220,685 $220,685
Miscellaneous
Office Supplies $215 $215
Allocated Costs
Facility Rental $10,500
Insurance & Surety $10,100
Information Technology $8,500 $29,100
Total Administrative Costs**$250,000 $250,000
$250,000
*Includes allocated overhead costs
Successor Agency to the Vista Redevelopment Agency
July 1, 2023 – June 30, 2024
Sources Administrative Allowance
12/13/2022 C11 Page 13 of 17EXHIBIT 4

12/13/2022 C11 Page 14 of 17EXHIBIT 5

EXHIBIT 6
List of Prior Actions
Recognized Obligation Payment Schedule
On December 14, 2021, adopted Successor Agency Resolution No. 2021-1, approving a Recognized Obligation Payment Schedule (ROPS 22-23) pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith; and adopted Successor Agency Resolution No. 2021-2, approving the Administrative Budget pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith (Vote: 5-0).

On December 8, 2020, adopted Successor Agency Resolution No. 2020-3, approving a Recognized Obligation Payment Schedule (ROPS 21-22) pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith; and adopted Successor Agency Resolution No. 2020-4, approving the Administrative Budget pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith. (Vote: 5-0).

On December 10, 2019, adopted Successor Agency Resolution No. 2019-1, approving a Recognized Obligation Payment Schedule (ROPS 20-21) pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith; and adopted Successor Agency Resolution No. 2019-2, approving the Administrative Budget pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith. (Vote: 5-0).

On December 11, 2018, adopted Successor Agency Resolution No. 2018-4, approving a Recognized Obligation Payment Schedule (ROPS 19-20) pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith; and adopted Successor Agency Resolution No. 2018-5, approving the Administrative Budget pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith. (Vote: 5-0).

On January 23, 2018, adopted Successor Agency Resolution No. 2018-1, approving a Recognized Obligation Payment Schedule (ROPS 18-19) Pursuant to Health and Safety Code Section 34177 and Taking Certain Actions in Connection Therewith; and adopted Successor Agency Resolution No. 2018- 2, approving the Administrative Budget pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith (Vote: 5-0).

On January 24, 2017, adopted Successor Agency Resolution No. 2017-1, approving a Recognized Obligation Payment Schedule 17-18 pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith; and adopted Successor Agency Resolution No. 2017-2, approving an Administrative Budget for the period of July 1, 2017 through June 30, 2018 pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith (Vote: 5-0).

On January 26, 2016, adopted Successor Agency Resolution No. 2016-2, approving a Recognized Obligation Payment Schedule 16-17 pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith; and adopted Successor Agency Resolution No. 2016-3, approving an Administrative Budget for the period of July 1, 2016 through June 30, 2017 pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith (Vote: 5-0).

On September 22, 2015, adopted Successor Agency Resolution No. 2015-6, approving a Recognized Obligation Payment Schedule 15-16A pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith; and adopted Successor Agency Resolution No. 2015-7, approving an Administrative Budget for the period of January 1, 2016 through June 30, 2016 pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith (Vote: 5-0). 12/13/2022 C11 Page 15 of 17EXHIBIT 6

On February 24, 2015, adopted Successor Agency Resolution No. 2015-2, approving a Recognized Obligation Payment Schedule 15-16A pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith; and adopted Successor Agency Resolution No. 2015-3, approving an Administrative Budget for the period of July 1, 2015 through December 31, 2015 pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith (Vote: 5-0).

On September 23, 2014, adopted Successor Agency Resolution No. 2014-17, approving a Recognized Obligation Payment Schedule 14-15B pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith; and adopted Successor Agency Resolution No. 2014-18, approving an Administrative Budget for the period of January 1, 2015 through June 30, 2015 pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith (Vote: 5-0).

On February 25, 2014, adopted Successor Agency Resolution No. 2014-3, approving a Recognized Obligation Payment Schedule 14-15A pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith; and adopted Successor Agency Resolution No. 2014-4, approving an Administrative Budget for the period of July 1, 2014 through December 31, 2014 pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith (Vote: 5-0).

On September 24, 2013, adopted Successor Agency Resolution No. 2013-15, approving a Recognized Obligation Payment Schedule 13-14B pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith; and adopted Successor Agency Resolution No. 2013-16, approving an Administrative Budget for the period of January 1, 2014 through June 30, 2014 pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith (Vote: 5-0).

On February 26, 2013, adopted Successor Agency Resolution No. 2013-02, approving a Recognized Obligation Payment Schedule 13-14A pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith; and adopted Successor Agency Resolution No. 2013-03, approving an Administrative Budget for the period of July 1, 2013 through December 3, 2013 pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith (Vote: 4-0, Rigby absent).

On August 14, 2012, adopted Successor Agency Resolution No. 2012-15, approving a Third Recognized Obligation Payment Schedule pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith; and adopted Successor Agency Resolution No. 2012-16, approving the Third Administrative Budget pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith (Vote: 5-0).

On July 25, 2012, adopted City Council Resolution No. 2012-122, approving a Loan Agreement with the Successor Agency to the City of Vista: and adopted Successor Agency Resolution No. 2012- 13, approving a Loan Agreement with the City of Vista (Vote: 4-0, Aguilera absent).

On March 27, 2012, adopted Successor Agency Resolution No. 2012-7, approving a First Recognized Obligation Payment Schedule pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith; adopted Successor Agency Resolution No. 2012-8, approving a Second Recognized Obligation Payment Schedule pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith; and adopted Successor Agency Resolution No. 2012-9, approving Administrative Budgets pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith (Vote: 5-0).

On February 28, 2012, adopted Successor Agency Resolution No. 2012-6, approving an Initial Recognized Obligation Payment Schedule pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith (Vote: 5-0). 12/13/2022 C11 Page 16 of 17

On February 14, 2012, adopted City Council Resolution No. 2012-27 acknowledging the Existence and Operation of the Successor Agency to the Vista Redevelopment Agency, adopted Successor Agency Board Resolution No. 2012-1, regarding Certain Successor Agency Operations, adopted Successor Agency Board Resolution No. 2012-2, adopting an Enforceable Obligation Payment Schedule Pursuant to Health And Safety Code Section 34177 and Taking Certain Actions in Connection Therewith, adopted Successor Agency Board Resolution No. 2012-3, creating a Redevelopment Obligation Retirement Fund Pursuant to Health and Safety Code Section 34170.5 and Taking Certain Actions in Connection Therewith, adopted City Council Resolution No. 2012-28, approving a Cooperation Agreement with the Successor Agency to the Vista Redevelopment Agency, and adopted Successor Agency Board Resolution No. 2012-4, approving a Cooperation Agreement with the City of Vista (Vote:
5-0).

On January 24, 2012, adopted Community Development Commission Resolution No. 2012-2, approving an amended Enforceable Obligation Payment Schedule (Vote: 4-0, Lopez abstained).

On January 10, 2012, adopted City Council Resolution No. 2012-8, assuming the role of successor agency subject to conditions; and adopted City Council Resolution No. 2012- 9, electing to receive the Community Development Commission’s housing properties and available housing assets (Vote: 5-0).

On November 22, 2011, adopted Community Development Commission Resolution No. 2011-31, approving an amended Enforceable Obligation Payment Schedule adopted (Vote: 4-0, Lopez did not participate because of a statutory conflict of interest).

On September 27, 2011, adopted Community Development Commission Resolution No. 2011-29, approving an amended Enforceable Obligation Payment Schedule (Vote: 5-0).

On August 23, 2011, adopted Community Development Commission Resolution No. 2011-26, adopting an Enforceable Obligation Payment Schedule (Vote: 5-0). 12/13/2022 C11 Page 17 of 17

Vista City CouncilDecember 13, 2022

Vista City Council
December 13, 2022