ACTION:
____________________________
Clerk/Secretary
Department: Finance Item No: C10
Prepared by:
Lori Ruiz, Senior Accountant
Mike Sylvia, Director/Treasurer Meeting Date: December 9, 2025 Approved by: John Conley, City Manager Agenda Location: Consent Calendar
SUBJECT: RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS 26-27)
RECOMMENDATION:
1. Adopt Successor Agency Resolution No. 2025- , approving a Recognized Obligation Payment Schedule (ROPS 2 6-27) pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith.
2. Adopt Successor Agency Resolution No. 2025- , 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 10, 2024, adopted Successor Agency Resolution No. 2024-02, approving a Recognized Obligation Payment Schedule (ROPS 25-26 ) pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith; and adopted Successor Agency Resolution No. 2024-03, 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, pursuant to Health and Safety Code Section 34179 (j), the Vista Oversight Board was dissolved and replaced by the
AGENDA
REPORT
CITY COUNCIL
COMMUNITY DEVELOPMENT COMMISSION
SUCCESSOR AGENCY
BUENA SANITATION DISTRICT
JOINT POWERS FINANCING AUTHORITY
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MEETING DATE: December 9, 2025 PAGE 2
SUBJECT: RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS 26-27) 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.
R
ecognized Obligation Payment Schedule. The ROPS 26-27 (Exhibit 3) lists obligations totaling approximately $7,554,008 for the period of July 1, 2026 through June 30, 2027 . The Successor Agency estimates that it will receive funds from the RPTTF in the amount of $6,146,527 and funds from other funding sources of $1,407,481. Annually, obligations will reduce as obligations are paid down.
A
dministrative 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 26- 27 is $ 180,000, 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 recommends approval of the ROPS 26-27 and the Administrative Budget. If approved, these items will be considered by the Countywide Oversight Board on January 15, 2026, in time to be formally submitted to the DOF by the February 1, 2026, deadline.
F
ISCAL IMPACT: Approval of ROPS 26-27 and the Administrative Budget for July 1, 2026 through June 30, 2027 by the Successor Agency, Countywide Oversight Board, and the DOF, will permit the County Auditor/Controller to distribute funds in June 202 6 and January 2027 from the RPTTF to the Successor Agency’s Redevelopment Obligation Retirement Fund to pay enforceable obligations listed on ROPS 26- 27 . R
OPS 26-27 requests $6,146,527 from the RPTTF, and $1,407,481 in other funding sources, to meet its total obligations of $7,554,008.
E
XHIBITS:
1. Successor Agency Resolution No. 2025- , approving a Recognized Obligation Payment Schedule (
ROPS 26-27) pursuant to Health and Safety Code Section 34177 and taking certain actions in c
onnection therewith
2. Successor Agency Resolution No. 2025- , approving the Administrative Budget pursuant to Health and S
afety Code Section 34177 and taking certain actions in connection therewith
3. Recognized Obligation Payment Schedule (ROPS 2026-27) Worksheet
4. Administrative Budget (July 1, 2026 – June 30, 2027)
5. Countywide Oversight Board
6. Prior Actions
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00029213 6
RESOLUTION NO. 2025-
A RESOLUTION OF THE BOARD OF THE SUCCESSOR AGENCY TO THE
VISTA REDEVELOPMENT AGENCY, APPROVING A RECOGNIZED
OBLIGATION PAYMENT SCHEDULE (ROPS 26-27) 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, 2026 through June 30, 2027 ("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. 12/09/2025
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EXHIBIT 1
RESOLUTION NO. 2025-
SUCCESSOR AGENCY TO THE VISTA REDEVELOPMENT AGENCY
PAGE 2
00029213 6EXH 1 SA Resolution ROPS 26-27-2227039 r-3f0b2553 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 9, 2025, by the following vote:
AYES:
NOES:
ABSTAIN:
APPROVED AS TO FORM:
WALTER CHUNG, SUCCESSOR AGENCY
COUNSEL
By:
APPROVED
Walter C. Chung
20251118111027
JOHN FRANKLIN, SUCCESSOR AGENCY CHAIR
ATTEST:
KATHY VALDEZ, SUCCESSOR AGENCY
SECRETARY
By:
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00029213 6
RESOLUTION NO. 2025-
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, 2026 and June 30, 2027 (“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.
[Continued on page 2]
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EXHIBIT 2
RESOLUTION NO. 2025-
SUCCESSOR AGENCY TO THE VISTA REDEVELOPMENT AGENCY
PAGE 2
00029213 6EXH 2 SA Resolution Admin Budget 26-27-2227040 r-3f0b2553
3. Adoption. PASSED AND ADOPTED at a meeting of the Successor Agency Board of the City of Vista held on December 9, 2025, by the following vote:
AYES:
NOES:
ABSTAIN:
APPROVED AS TO FORM:
WALTER CHUNG, SUCCESSOR AGENCY
COUNSEL
By:
APPROVED
Walter C. Chung
20251118111220
JOHN FRANKLIN, SUCCESSOR AGENCY CHAIR
ATTEST:
KATHY VALDEZ, SUCCESSOR AGENCY
SECRETARY
By:
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BOND
PROCEEDS
RESERVE
BALANCE
OTHER
FUNDS
RPTTF ADMIN
RPTTF
BOND
PROCEEDS
RESERVE
BALANCE
OTHER
FUNDS
RPTTF ADMIN
RPTTF
$ 116,560,698 $ 7,554,008 $ - $ - $ 574,408 $5,096,546 $ 90,000 $5,760,954 $ - $ - $ 833,073 $ 869,981 $ 90,000 $1,793,054 6 Relocation Obligations
Bonds Issued After
12/31/10 6/17/2011 9/1/2037
The Depository Trust
Company, New York
Bond issue to finance certain agency
projects benefitting the 3,806 acre
Vista Redevelopment Project Area. 22,968,232 941,100 470,550 470,550 470,550 470,550 9 2010 Housing Tax Allocation Bonds
(TABs)
Bonds Issued On or
Before 12/31/10 3/2/2010 9/1/2037
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. 14,311,032 1,204,292 103,858 737,911 841,769 362,523 362,523 10 Bond Administration
Services/Consulting Services Fees 6/1/1998 9/1/2037 NBS, US Bank Bond Continuing Disclosure/Arbitrage
Services/Trustee Fees
22,000 9,000 9,000 13,000 13,000
13 Note Payable OPA/DDA/Construction 7/1/1993 5/17/2029 North County Square Pursuant to an Owner Participation,
Disposition and Development
Agreement in connection with the
acquisition of certain public
improvements. 40,565,111 250,000 0 250,000 250,000
40 Asset (Property) Management Property Maintenance 7/1/2015 12/31/2019 Various vendors Asset preservation/compliance with
leases/Compliance with code
/Management and Maintenance of
Agency controlled properties 0 0 0
41 Utility services Property Maintenance 7/1/2015 12/31/2018 SDG&E and Vista
Irrigation District
(VID)
Gas and electric, water and sewer
payments related to agency owned
properties 0 0 0
43 Contract for professional
services/consulting
Professional Services 4/24/2012 3/31/2037 Davis Farr
Successor Agency Audit/Financial
Reports
6,500 3,500 3,500 3,000 3,000
58 Cooperative Agreement with the
Successor Agency to the Vista
Redevelopment Agency Admin Costs 7/1/2015 12/31/2025 City of Vista Staffing and Administrative Services 180,000 90,000 90,000 90,000 90,000 64 Loan Agreement for Approved
Enforceable Obligations RPTTF Shortfall 2/26/2013 12/31/2025 City of Vista Loan Agreement to address
shortfall(s) in available RPTTF
proceeds 0 0 0
68 Legal Services Agreement Legal 7/1/2015 12/31/2019 City of Vista Defense Costs of Lawsuit filed against
SA
5,000 2,500 2,500 2,500 2,500
70 Property Disposition Costs Property Dispositions 7/1/2015 12/31/2037 Various Payees Consultant, appraisal and related
costs for Property Disposition
0 0 0
73 2015 Tax Allocation Bonds Series A
Bonds Issued After
12/31/10 3/4/2015 9/1/2037
The Depository Trust
Company, New York
Refund ROPs items #1 through #5 per
DOF approval letter dated
12/19/2014 18,791,407 1,573,372 1,279,138 1,279,138 294,234 294,234 74 2015 Tax Allocation Bonds Series B-1
Bonds Issued After
12/31/10 3/4/2015 9/1/2037
The Depository Trust
Company, New York
Refund ROPs items #1 through #5 per
DOF approval letter dated
12/19/2014 19,924,916 3,371,744 3,064,497 3,064,497 307,247 307,247 26-27B
TOTAL
FUND SOURCES FUND SOURCES
Total Outstanding
Obligation
ROPS 26-27
Total
ROPS 26-27A (JUL-DEC) 26-27A
TOTAL
ROPS 26-27B (JAN-JUN)
Vista ROPS 2026-27 Annual
JULY 1, 2026 through JUNE 30, 2027
Item # Project Name Obligation Type Agreement
Execution
Date
Agreement
Termination
Date
Payee Description PROJECT
AREA
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EXHIBIT 3
Budgeted Total
Staffing*
Salaries & Benefits $161,815 $161,815
Miscellaneous
Office Supplies $65 $65
Allocated Costs
Facility Rental $11,799 $11,799
Insurance & Surety $4,249 $4,249
Information Technology $2,072 $2,072
Total Administrative Costs $180,000 $180,000
*Includes allocated overhead costs
Salary and benefits is transferred from the Vista Redevelopment Agency to the General Fund John City Manager 2%
Walter City Attorney 2%
Imelda Assistant City Manager 2%
Josh Assistant to City Manager 1%
Mike Finance Director 10%
Matt Assistant Finance Director 5%
Sara Finance Manager 2%
Kelly Senior Management Analyst 2%
Lori Senior Accountant 15%
Melissa Accountant 9%
Pauline Finance Account Technician 1%
Jackie Finance Account Clerk 1%
Jonathan Manager 5%
Johanna Management Analyst 5%
Esmerelda Staff Assistant 5%
Yesenia Office Specialist 3%
Housing & Homelessness employees through direct payroll allocation
$250,000
Administrative Budget
Successor Agency to the Vista Redevelopment Agency
July 1, 2026 – June 30, 2027
Sources Administrative Allowance
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EXHIBIT 4
Countywide Oversight Board Members
Seat Nominating Organization Nominated Member
Seat 1 County of San Diego Board of Supervisors
Steve Lockett
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)
Jesse Robles
Seat 4 County Board of Education Scott Buxbaum
Seat 5 Chancellor of the Californi a Community Colleges Daniel Troy Seat 6 Member of the public appointed by the County Board of Supervisors Samuel Merrill Seat 7 Appointed by the recognized employ ee organization representing the largest number of successor agency employees in the county (San Diego Municipal Employees Association)
Corinne Wilson
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EXHIBIT 5
List of Prior Actions
Recognized Obligation Payment Schedule
O
n December 10, 2024, adopted Successor Agency Resolution No. 2024- 02, approving a Recognized Obligation Payment Schedule (ROPS 25 -26) pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith; and adopted Successor Agency Resolution No. 2024-03, approving the Administrative Budget pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith (Vote: 5-0).
O
n December 12, 2023, adopted Successor Agency Resolution No. 2023- 1, approving a Recognized Obligation Payment Schedule (ROPS 24 -25) pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith; and adopted Successor Agency Resolution No. 2023-2, approving the Administrative Budget pursuant to Health and Safety Code Section 34177 and taking certain actions in connection therewith (Vote: 5-0).
On December 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).
O
n 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).
O
n 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).
O
n 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).
O
n 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).
O
n 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).
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EXHIBIT 6
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).
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 12/09/2025
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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).
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). 12/09/2025
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