Oversight Board-Victorville RDA

Victorville Redevelopment Agency Oversight Board Information

On December 29, 2011, the California Supreme Court rendered its decision in the court case involving the constitutionality of legislative bill ABx1 26.  ABx1 26 is the bill signed by Governor Brown on June 29, 2011, which abolished California Redevelopment Agencies effective October 1, 2011.  The Supreme Court ultimately decided to uphold the constitutionality of ABx1 26.  In its decision, the Court modified timelines contained in ABx1 26, as the delays due to the court case made the original dates in the legislation impractical.  The impact of the Court’s decision is that the Victorville Redevelopment Agency is an entity that was dissolved, effective February 1, 2012.  On January 17, 2012, the City of Victorville elected to become the Successor Agency to the Victorville Redevelopment Agency.

The role of the Successor Agency is to wind down the affairs of the former redevelopment agency (RDA).  Effective February 1, 2012, the assets, properties, contracts, and leases of the former RDA were transferred to the Successor Agency.  The Successor Agency is responsible for continuing payments on the Enforceable Obligation Payment Schedule (EOPS), performing contractual obligations, disposing of assets and property, and preparing administrative budgets.  The Successor Agency also prepared a draft Recognized Obligation Payment Schedule (ROPS) for required payments of the former RDA.  See the reports below.

The Successor Agency will report to an Oversight Board to be formed no later than May 1, 2012, which consists of representatives appointed by the County Board of Supervisors, the Chancellor of the California Community Colleges, the Victorville Mayor, the largest special district by property tax share, and a member representing employees of the former RDA.  The oversight Board will direct the staff of the Successor Agency, have fiduciary responsibilities to holders of enforceable obligations, approve actions of the Successor Agency and establish the Recognized Obligation Payment Schedule. 

 Reports and Agendas