Redevelopment Dissolution

 Oversight Board for the Successor Agency to the Redevelopment Agency

  • Lydia Cano, Office of Education Appointee
  • Kit Fox, RPV Mayor Appointee
  • Jim Knight, Chair, RPV Mayor Appointee
  • Otto Lee, Vice-Chair, Community Colleges Appointee 
  • Gregory C. O’Brien, Jr., Los Angeles County Appointee
  • Michael Schneider, Fire District Appointee
Law History
AB X1 26, which was signed by the Governor of California on June, 29, 2011, added Parts 1.8 and 1.85 to the Community Redevelopment Law. Part 1.8 did the following:
  • Immediately suspended most redevelopment agency activities
  • Prohibited redevelopment agencies from incurring indebtedness or entering into or modifying contracts 
Pursuant to Health and Safety Code Section 34177, successor agencies are required to continue to make payments due for enforceable obligations of the former redevelopment agencies.

Enforceable Obligation Payment Schedule (EOPS)
The Enforceable Obligation Payment Schedule (PDF) is available for reference.

Recognized Obligation Payment Schedules (ROPS)
Pursuant to Health and Safety Code Section 34177, successor agencies are required to prepare semi-annual Recognized Obligation Payment Schedules by March 1st and October 1st each year.  The California Department of Finance (DOF) makes a determination regarding the amount of property tax to be allocated for those obligations.
 
List of ROPS
 
 
  • ROPS 1 (PDF) - Oversight Board approval May 16, 2012.  DOF determination May 26, 2012.
  • ROPS 2 (PDF) - Oversight Board approval June 20, 2012.  DOF determination July 10, 2012.
  • ROPS 3 (PDF) - Oversight Board approval August 1, 2012.  DOF determination October 14, 2012.
  • ROPS 13-14A (PDF) - Oversight Board approval February 27, 2013.  DOF determination April 13, 2013.
  • ROPS13-14B (PDF) - Oversight Board approval September 18, 2013.  DOF determination November 1, 2013.
  • ROPS14-15A (PDF) - Oversight Board approval February 26, 2014.  DOF determination April 3, 2014.
  • ROPS14-15B (PDF) - Oversight Board approval September 24, 2014.  DOF determination November 4, 2014.
  • ROPS15-16A(PDF) - Oversight Board approval February 4, 2015.  DOF determination March 6, 2015.
More Information
For more information regarding Redevelopment Dissolution, please contact the Finance Department at 310-377-0360.