DATE: April 17, 2018
TO: Board of Supervisors
SUBMITTED BY: Oscar J. Garcia, CPA, Auditor-Controller/Treasurer-Tax Collector
SUBJECT: Countywide Oversight Board for Redevelopment Successor Agencies
RECOMMENDED ACTION(S):
TITLE
Receive information regarding the Countywide Oversight Board for Redevelopment Successor Agencies in Fresno County.
REPORT
This item is countywide.
ALTERNATIVE ACTION(S):
There is no viable alternative action as this is only an informational item.
FISCAL IMPACT:
There is no Net County Cost associated with the Countywide Oversight Board. By statute, the Auditor-Controller/Treasurer-Tax Collector will serve as staff to the Countywide Oversight Board, but all costs incurred will be reimbursed from the Redevelopment Property Tax Trust Fund.
DISCUSSION:
On February 1, 2012, redevelopment agencies in California were dissolved and replaced by successor agencies charged with discharging obligations, liquidating assets and conducting other activities necessary to wind down the affairs of the redevelopment agencies in accordance with Health and Safety Code Section 31470 and following. Each successor agency had its own oversight board that reviewed and approved successor agency actions.
Pursuant to Health and Safety Code Section 34179, subdivision (j), the oversight boards of the remaining 15 successor agencies to the former redevelopment agencies in Fresno County will cease to exist on July 1, 2018 and be replaced with a single Countywide Oversight Board, which will be staffed by the Auditor-Controller/Treasurer-Tax Collector of the County of Fresno.
By statute, countywide oversight boards will have a variety of responsibilities, including the following:
* To direct successor agency staff to perform work in furtherance of the oversight board's and the successor agency's duties and responsibilities under the redevelopment dissolution law;
* To review and approve certain successor agency actions;
* To review and approve the disposal of su...
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