sa 2023 AR 12/12 rops 24-25 payment schedule — Vista City Council, December 12, 2023

ACTION:
____________________________
Clerk/Secretary
Department: City Manager Item No: C12
Prepared by: Lori Ruiz, Senior Accountant Meeting Date: December 12, 2023 Approved by: John Conley, City Manager Agenda Location: Consent Calendar SUBJECT: RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS 24-25) RECOMMENDATION:

1.Adopt Successor Agency Resolution No. 2023- , approving a Recognized Obligation Payment Schedule (ROPS 24-25) pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith.

2.Adopt Successor Agency Resolution No. 2023- , 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 13, 2022, adopted Successor Agency Resolution No. 2022-2, approving a Recognized Obligation Payment Schedule (ROPS 23-24) pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith; and adopted Successor Agency Resolution No. 2022-3, 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). Each 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. AB 26 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. Effective July 1, 2018, AGENDA
REPORT

CITY COUNCIL

COMMUNITY DEVELOPMENT COMMISSION

SUCCESSOR AGENCY

BUENA SANITATION DISTRICT

JOINT POWERS FINANCING AUTHORITY
Approved above recommendation, adopted the following: 1) Successor Agency Resolution No. 2023-1; Vote: 5-0. 2) Successor Agency Resolution No. 2023-2; Vote: 5-0.

MEETING DATE: December 12, 2023 PAGE 2
SUBJECT: RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS 24-25) 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 activities related to dissolution. The Countywide-Oversight Board Membership is attached as Exhibit 5.

Recognized Obligation Payment Schedule. The ROPS 24-25 (Exhibit 3) lists obligations totaling approximately $7,134,337 for the period of July 1, 2024 through June 30, 2025. The Successor Agency estimates that it will receive funds from the RPTTF in the amount of $6,036,454 and funds from other funding sources of $1,097,883. The obligations have been significantly reduced from the prior year due to the remaining City loan that was paid off last fiscal year. Annually, obligations will decline 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 24-25 is $250,000, which is compliant with the administrative cost allowance cap. Reimbursement for the Administrative Budget occurs through payments made on the cooperative 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 recommends approval of the ROPS 24-25 and the Administrative Budget. If approved, these items will be considered by the Countywide Oversight Board on January 18, 2024, in time to be formally submitted to the DOF by the February 1, 2024, deadline.

FISCAL IMPACT: Approval of ROPS 24-25 and the Administrative Budget for July 1, 2024 through June 30, 2025 by the Successor Agency, Countywide Oversight Board, and the DOF, will permit the County Auditor/Controller to distribute funds in June 2024 and January 2025 from the RPTTF to the Successor Agency’s Redevelopment Obligation Retirement Fund to pay enforceable obligations listed on ROPS 24-

25.ROPS 24-25 requests $6,036,454 from the RPTTF, and $1,097,883 in other funding sources, to meet its total obligations of $7,134,337.

EXHIBITS:

1.Successor Agency Resolution No. 2023- , approving a Recognized Obligation Payment Schedule (ROPS 24-25) pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith

2.Successor Agency Resolution No. 2023- , 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 2024-25) Worksheet

4.Administrative Budget (July 1, 2024 – June 30, 2025)

5.Countywide Oversight Board

6.Prior Actions
12/12/2023 C12 2 of 16

00029213 6
RESOLUTION NO. 2023-

A RESOLUTION OF THE BOARD OF THE SUCCESSOR AGENCY TO THE

VISTA REDEVELOPMENT AGENCY, APPROVING A RECOGNIZED
OBLIGATION PAYMENT SCHEDULE (ROPS 24-25) 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, 2024 through June 30, 2025 ("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. 12/12/2023 C12 3 of 16
EXHIBIT 1

RESOLUTION NO. 2023-

SUCCESSOR AGENCY TO THE VISTA REDEVELOPMENT AGENCY
PAGE 2
00029213 6EXH 1 SA Resolution ROPS 24-25.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 12, 2023, by the following vote:

AYES:

NOES:

ABSTAIN:

APPROVED AS TO FORM:

WALTER CHUNG, SUCCESSOR AGENCY COUNSEL
By:

APPROVED
Walter C. Chung
20231121162352

JOHN FRANKLIN, SUCCESSOR AGENCY CHAIR
ATTEST:

KATHY VALDEZ, SUCCESSOR AGENCY SECRETARY
By:
12/12/2023 C12 4 of 16

00029213 6
RESOLUTION NO. 2023-

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, 2024 and June 30, 2025 (“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.
12/12/2023 C12 5 of 16
EXHIBIT 2

RESOLUTION NO. 2023-

SUCCESSOR AGENCY TO THE VISTA REDEVELOPMENT AGENCY
PAGE 2
00029213 6EXH 2 SA Resolution Admin Budget 24-25.docx

3. Adoption. PASSED AND ADOPTED at a meeting of the Successor Agency Board of the City of Vista held on December 12, 2023, 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
20231121162435
12/12/2023 C12 6 of 16

Recognized Obligation Payment Schedule (ROPS 24-25) - Summary Filed for the July 1, 2024 through June 30, 2025 Period Successor Agency: Vista
County: San Diego
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) $ 627,333 $ 470,550 $ 1,097,883 B Bond Proceeds - - -
C Reserve Balance - - -
D Other Funds 627,333 470,550 1,097,883
E Redevelopment Property Tax Trust Fund (RPTTF) (F+G) $ 4,389,007 $ 1,647,447 $ 6,036,454 F RPTTF 4,359,007 1,427,447 5,786,454
G Administrative RPTTF 30,000 220,000 250,000
H Current Period Enforceable Obligations (A+E) $ 5,016,340 $ 2,117,997 $ 7,134,337 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
12/12/2023 C12 7 of 16
EXHIBIT 3

Vista
Recognized Obligation Payment Schedule (ROPS 24-25) - ROPS Detail July 1, 2024 through June 30, 2025

Vista
RDA
24,850,431 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
365,975 N $181,925 - - 156,783 21,092 - $177,875 - - - 4,050 - $4,050 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
16,368,168 N $1,026,410 - - - 625,011 - $625,011 - - - 401,399 - $401,399 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
40,000 N $40,000 - - - 20,000 - $20,000 - - - 20,000 - $20,000 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
151,100,677 N $250,000 - - - - - $- - - - 250,000 - $250,000 40 Asset
(Property)
Management
Property
Maintenance
07/01/
2015
09/01/2037 Various
vendors
Asset preservation/
compliance with leases/
Compliance with code
/Management and
Maintenance of Agency
controlled properties
Vista
RDA
1,000 N $1,000 - - - - - $- - - - 1,000 - $1,000
43 Contract for
professional
services/
consulting
Professional
Services
04/24/
2012
03/31/2037 Davis
Farr, CPA
Successor Agency
Audit/Financial Reports
Vista
RDA
8,000 N $8,000 - - - 6,000 - $6,000 - - - 2,000 - $2,000 58 Cooperative
Agreement with
the Successor
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 12/12/2023 C12 8 of 16

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
Agency to the
Vista
Redevelopment
Agency
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 $- - - - - - $- - - - - - $-
68 Legal Services
Agreement
Legal 07/01/
2015
12/31/2019 City of
Vista
Defense Costs of
Lawsuit filed against
SA
Vista
RDA
- N $- - - - - - $- - - - - - $-
70 Property
Disposition
Costs
Property
Dispositions
07/01/
2015
09/01/2023 Various
Payees
Consultant, appraisal
and related costs for
Property Disposition
Vista
RDA
5,000 N $5,000 - - - 2,500 - $2,500 - - - 2,500 - $2,500 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
21,941,404 N $1,575,451 - - - 1,245,038 - $1,245,038 - - - 330,413 - $330,413 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
25,380,853 N $2,723,044 - - - 2,309,647 - $2,309,647 - - - 413,397 - $413,397 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
258,594 N $131,407 - - - 129,219 - $129,219 - - - 2,188 - $2,188 76 Legal Services
Agreement
Legal 07/01/
2016
06/30/2025 City of
Vista
Defense Costs of
Lawsuit filed against
SA
1,000 N $1,000 - - - 500 - $500 - - - 500 - $500
77 Legal Defense
Agreement
Legal 01/24/
2018
12/31/2019 City of
Vista
Defense Costs of
Lawsuit filed against
SA - Case No.
37-2017-00019775-CU-
WM-CTL
- N $- - - - - - $- - - - - - $-
12/12/2023 C12 9 of 16

Vista
Recognized Obligation Payment Schedule (ROPS 24-25) - Report of Cash Balances July 1, 2021 through June 30, 2022
(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 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.
2,031,496 9,347,876 433,560
2 Revenue/Income (Actual 06/30/22)
RPTTF amount should tie to the ROPS 21-22 total
distribution from the County Auditor-Controller
2,432,860 10,758,172 1,097,883 11,391,668
3 Expenditures for ROPS 21-22 Enforceable Obligations
(Actual 06/30/22)
2,432,860 12,509,000 12,559,336
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 (734,109)
6 Ending Actual Available Cash Balance (06/30/22)
C to F = (1 + 2 - 3 - 4), G = (1 + 2 - 3 - 4 - 5)
$2,031,496 $7,597,048 $- $1,097,883 $1
12/12/2023 C12 10 of 16

Vista
Recognized Obligation Payment Schedule (ROPS 24-25) - Notes July 1, 2024 through June 30, 2025
Item # Notes/Comments
6 8
9 10
13 40
43 58
64 68
70 73
74 75
76 77
12/12/2023 C12 11 of 16

Budgeted Total
Staffing*
Salaries & Benefits $226,915 $226,915
Miscellaneous
Office Supplies $215 $215
Allocated Costs
Facility Rental $11,313 $11,313
Insurance & Surety $9,132 $9,132
Information Technology $2,425 $2,425
Total Administrative Costs $250,000 $0 $250,000
*Includes allocated overhead costs
$250,000
Administrative AllowanceSources
Administrative Budget
Successor Agency to the Vista Redevelopment Agency
July 1, 2024 – June 30, 2025
12/12/2023 C12 12 of 16
EXHIBIT 4

Countywide Oversight Board Members
Seat Nominating Organization Nominated Member
Seat 1 County of San Diego Board of Supervisors
Brian Hagerty
Seat 2 City Selection Committee established pursuant to Section 50270 of the Government Code Rebecca Jones Seat 3 Independent Special District Selection Committee established pursuant to Section 56332 of the Government Code, for the types of special districts that are eligible to receive property tax revenues pursuant to Section 34188 (selection conducted by the San Diego Local Agency Formation Commission)
Patrick Sanchez
Seat 4 County Board of Education Scott Buxbaum
Seat 5 Chancellor of the California Community Colleges Kelly Hall Seat 6 Member of the public appointed by the County Board of Supervisors Samuel Merrill Seat 7 Appointed by the recognized employee organization representing the largest number of successor agency employees in the county (San Diego Municipal Employees Association)
Corinne Wilson
12/12/2023 C12 13 of 16
EXHIBIT 5

List of Prior Actions
Recognized Obligation Payment Schedule
On December 13, 2022, adopted Successor Agency Resolution No. 2022-2 , 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. 2022-3, approving the Administrative Budget pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith (Vote: 5-0).

On December 14, 2021, adopted Successor Agency Resolution No. 2021-1 , 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. 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). 12/12/2023 C12 14 of 16
EXHIBIT 6

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).

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. 12/12/2023 C12 15 of 16

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).

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). 12/12/2023 C12 16 of 16

Vista City CouncilDecember 12, 2023

Vista City Council
December 12, 2023