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Staff Contact Person:
Kathryn Downs, Deputy Director of Finance & Information Technology
kathrynd@rpv.com
DL: 310-544-5216
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 immediately suspended most redevelopment agency activities and, among other things, prohibits 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.
The Enforceable Obligation Payment Schedule can be viewed with the following link:
Enforceable Obligation Payment Schedule
Pursuant to Health and Safety Code Section 34177, successor agencies are required to prepare a draft initial Recognized Obligation Payment Schedule by March 1, 2012.
The Recognized Obligation Payment Schedules can be viewed with the following link:
Recognized Obligation Payment Schedules
The Schedules were adopted by the Oversight Board on May 16, 2012, but have not yet been certified by an audit of the Los Angeles County Auditor-Controller.
Recent staff reports regarding the City’s RDA follow:
OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE RANCHO PALOS VERDES REDEVELOPMENT AGENCY
Oversight Board Members
- Larry Clark, Chair – Los Angeles County Appointee
- Steve Wolowicz, Vice-Chair – Los Angeles County Appointee
- Lydia Cano – Office of Education Appointee
- Ken Dyda – RPV Mayor Appointee
- Kit Fox – RPV Mayor Appointee
- Anthony Pirozzi – Community College District Appointee
- Michael Schneider – Fire District Appointee
Agendas
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