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 successor agency real property (please see Exhibit A for remaining real property);
• To review and approve requests to formally dissolve each successor agency when all of its enforceable obligations have been retired or paid off, all of its real property disposed of, and all of its outstanding litigation resolved.
On matters within the purview of the countywide oversight board, decisions made by the county oversight board will supersede those made by a successor agency or the staff of a successor agency. Countywide oversight boards will have fiduciary responsibilities to holders of enforceable obligations of successor agencies and to the taxing entities that benefit from distributions of property tax under the redevelopment dissolution law.
The Countywide Oversight Board will consist of seven members as follows:
1. One member appointed by the County Board of Supervisors.
2. One member appointed by the City Selection Committee, established pursuant to Government Code Section 50270.
3. One member appointed by the Independent Special District Selection Committee, established pursuant to Government Code Section 56332.
4. One member appointed by the County Superintendent of Education.
5. One member appointed by the Chancellor of the California Community Colleges.
6. One member of the public may be appointed by the County Board of Supervisors.
7. One member may be appointed by the recognized employee organization representing the largest number of successor agency employees in the County.
Your Board has the authority to appoint two members to the Countywide Oversight Board, at least one of which must be a member of the public. If the appointments are not made by July 15, 2018, the Governor will intercede and make the appointments.
The Auditor-Controller/Treasurer-Tax Collector will provide staffing to the Countywide Oversight Board. All costs associated with the staffing and any associated startup costs related to the Countywide Oversight Board will be reimbursed from the Redevelopment Property Tax Trust Fund.
REFERENCE MATERIAL:
BAI #8, February 21, 2012
ATTACHMENTS INCLUDED AND/OR ON FILE:
Exhibit A
Countywide Oversight Board Presentation
CAO ANALYST:
Juan Lopez