Wednesday, May 25, 2016
Successor Agency

Successor Agency

REDEVELOPMENT DISSOLUTION

On January 10, 2011, Governor Brown proposed the elimination of all redevelopment agencies (RDAs) throughout the State of California as a component of his budget proposal. Subsequently, on June 29, 2011, the Governor signed Assembly Bills 26 (ABx1 26) – a dissolution of all RDAs throughout the state, and Assembly Bill 27 (ABx1 27) – a bill that would create an alternative voluntary redevelopment program, which would allow agencies to continue redevelopment activity by voluntarily authorizing the contribution of tax increment to county auditor-controller offices to benefit education and public safety.

On July 18, 2011, the California Redevelopment Association (CRA) and the League of California Cities (League) petitioned the California Supreme Court (Court) for a writ of mandate challenging ABx1 26 and ABx1 27, and a request for a temporary stay of both bills pending resolution of said petition (CRA v. Matosantos). The Court agreed to hear the Case and issued a partial stay on August 11, 2011, which was revised at a later date on August 17, 2011.

On December 29, 2011, the Court upheld ABx1 26 and invalidated ABx1 27. Therefore, all redevelopment agencies throughout the State would be eliminated without the option of a voluntary redevelopment program. On January 10, 2012, the County of Riverside Board of Supervisors reiterated the action taken on March 15, 2011 where the Board designated the County of Riverside Economic Development Agency (EDA) as the successor agency to the Redevelopment Agency for the County of Riverside, and transferred the redevelopment housing functions to the Housing Authority of the County of Riverside.

As of February 1, 2012, all redevelopment agencies were dissolved. The Redevelopment Agency for the County of Riverside is no longer in existence; all authority to conduct business or exercise powers has been withdrawn. The County of Riverside EDA is, as the successor agency will carry out the enforceable obligations, and administer the dissolution and wind down of the former redevelopment agency.
 

Successor Agency to the Redevelopment Agency for the County of Riverside

On December 29, 2011, the California Supreme Court ruled to uphold Assembly Bill 26 (ABx1 26), ordering the dissolution of all redevelopment agencies throughout the State of California. Consequently, on January 10, 2012, the County of Riverside Board of Supervisors designated the Economic Development Agency as the Successor Agency to the Redevelopment Agency (RDA) through Resolution 2012-034, whereas the Economic Development Agency would be responsible to carry out the enforceable obligations and administer the wind down of the former RDA. Furthermore, the Board transferred the housing functions and assets (except housing fund balances) of the former RDA to the Housing Authority of the County of Riverside through Resolution 2012-035. To learn about the Housing Authority of the County of Riverside, please follow the link.
 

The official dissolution date of the former RDA was February 1, 2012. As a result, the Economic Development Agency for the County of Riverside began implementing its duties as Successor Agency on such date. The Economic Development Agency as Successor Agency to the Redevelopment Agency for the County of Riverside will function, with limited authority, according to ABx1 26. The Successor Agency operates under the direction of an Oversight Board, the California State Controller’s Office, and the California Department of Finance.
Please address all correspondence related to the former Redevelopment Agency to:

Successor Agency to the Redevelopment Agency for the County of Riverside Executive Office County of Riverside Robert T. Andersen County Administrative Center 4080 Lemon Street, 4th Floor, Riverside, CA 92501

T: (951) 955-1100
F: (951) 955-1105

 

Documents:

Relevant Minute Orders:

Oversight Board:

Oversight Board Meeting Minutes:

Proposed Housing Assets to be transferred to the Housing Authority