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February 22, 2013
Mayor Bob Filner
City of San Diego Successor Agency
202 C Street
San Diego, California 92106
Subject: Recommended Amendments to ROPS 13-14A. Additional Line Items 557 to 560.
Per your request, please find our four recommended amendments to the ROPS 13-14A, scheduled
to be heard at the February 26, 2013 Oversight Board meeting at the offices of Civic San Diego.
Our proposed Line Items 557 to 560 total $590,549,309 in debt to be recognized by the Department
of Finance before the March 1, 2013 deadline for inclusion.
New lines items include:
Line Item 557. Outstanding HUD Debt of $144,214,499.
This debt was bundled/grouped with Line Items “City Loans.” Backup documentation
www.tinyurl.com/20100621 On June 21, 2010 the City Council approved Part 1 a
Repayment Agreement for $78,787,000. Part 2 the outstanding $144,214,499 in HUD
debt and accrual of interest was never rescheduled/resolved. See Appendix A for the
letter from the former Redevelopment Agency that acknowledges the full $228,432,499
debt, of which $144,214,499 was never erased. The erasure of HUD debt proposed by
RDA staff was taken out of consideration in the public hearing by Mayor Jerry Sanders.
Line Item 558. Interest on Line Item 557 Outstanding HUD Debt $40,380,060.
Accrued interest from June 30, 2009 to June 30, 2013.
Line Item 559. Second Amendment to Ballpark Cooperation Agreement $33,954,750.
Resolution # 03327, Amended 3/20/09. Originally bundled/grouped with Line Item 85
Ballpark Cooperation Agreement and Amendments 1 to 3. See Appendix B.
Fiscal Year 2011-$11,318,250. Fiscal Year 2012-$11,318,250. Fiscal Year 2013-$11,318,250.
Line Item 560. Unmet Affordable Housing Requirement $372,000,000.
Please see the attached Appendix C for a discussion on the outstanding 1,500 Affordable
Housing units originally bundled/grouped with the Cooperation Agreement denied by the
Department of Finance (DOF). Currently Affordable Housing Advocates have filed a
Class Action lawsuit based upon Civic San Diego’s refusal to put the unmet affordable
housing requirements on their own line items on ROPS for approval/discussion by DOF.
To be able to discuss these Line Items at future Meet and Confer appointments, the line items
first have to be added to the ROPS 13-14A.
Regards,
Katheryn Rhodes
371 San Fernando Street, San Diego, California 92106.
rhodes@laplayaheritage.com 619-523-4350
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Table 1 – Recommended Amendments to the City of San Diego Recognized Obligation Payment Schedule
(ROPS 13‐14A) July 1, 2013 through December 31, 2013.
Item #
Project Name / Debt Obligation
Contract/Agreement Execution Date
Contract/Agreement Termination Date
Payee
Description/Project Scope
Project Area
Total Outstanding Debt or Obligation
Total Due During Fiscal Year 2013-2014
Funding Source
Notes/Comments
557
Outstanding Federal HUD Debt CDBG/Section 108 Loans not including
in Repayment Agreement
Acknowledged June 21, 2010 Item 203. Unresolved.
Outstanding unscheduled debt repayment schedule.
Federal Government (HUD), via City of San Diego
Loans for Housing/Non-Housing Projects, not included in Loan
Agreement Doc. D-4525 6/20/2010
Multiple Project Areas
$144, 214,499
TBD
TBD
Originally bundled/grouped with City Loan Line Items.
Item #
Project Name / Debt Obligation
Contract/Agreement Execution Date
Contract/Agreement Termination Date
Payee
Description/Project Scope
Project Area
Total Outstanding Debt or Obligation
Total Due During Fiscal Year 2013-2014
Funding Source
Notes/Comments
558
Accrued Interest on Outstanding Federal HUD Debt CDBG/Section 108 Loans.
Acknowledged June 21, 2010 Item 203. Unresolved.
Outstanding unscheduled debt repayment schedule.
Federal Government (HUD), via City of San Diego
Interest on Loans for Housing/Non-Housing Projects, not included in
HUD Loan Agreement Doc. D-4525 6/20/2012
Multiple Project Areas
$40,380,060.
TBD
TBD
Seven percent accrued interest on $144,214,400 for Four Years
(June 30, 2009 to June 30, 2013)
Item #
Project Name / Debt Obligation
Contract/Agreement Execution Date
Contract/Agreement Termination Date
Payee
Description/Project Scope
Project Area
Total Outstanding Debt or Obligation
Total Due During Fiscal Year 2013-2014
Funding Source
Notes/Comments
559
Second Amendment to Ballpark Cooperation Agreement.
October 29, 2009
June 30, 2013.
City of San Diego.
Resolution # 03327, Amended 3/20/09,
Centre City.
$33,954,750
TBD
TBD.
Originally bundled/grouped with Line Item 85 Ballpark Cooperation
Agreement and Amendments 1 to 3. Fiscal Year 2011-$11,318,250.
Fiscal Year 2012-$11,318,250. Fiscal Year 2013-$11,318,250.
Item #
Project Name / Debt Obligation
Contract/Agreement Execution Date
Contract/Agreement Termination Date
Payee
Description/Project Scope
Project Area
Total Outstanding Debt or Obligation
Total Due During Fiscal Year 2013-2014
Funding Source
Notes/Comments
560
Unmet Affordable Housing Requirements. Approximately 1,500 units.
Acknowledged February 28, 2012 Item S-500 EOPS/ROPS Unresolved.
Outstanding unscheduled
Successor Housing Agency
Unmet Affordable Housing Requirements.
Multiple Project Areas.
$372,000,000
TBD
TDB
Originally bundled/grouped with City Loan Line Items for
February 28, 2012 Item S-500.
TBD = To Be Determined.
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FY 2012 CDBG HUD AAP - Appendix A 04/30/2011 Page A-4