Successor Agency to the Former Orange Redevelopment Agency

  1. History
  2. Purpose
  3. Recognized Obligation Payment Schedule
  4. Enforceable Obligation Payment Schedule
  5. Oversight Committee

On December 29, 2011, the California Supreme Court ruled that ABX 126, the Redevelopment Dissolution Act, constitutional. This decision means that all redevelopment agencies in the State of California were dissolved as of February 1, 2012

As provided for under the new law, each city may choose to form a Successor Agency for the purposes of winding down the affairs of the previous Redevelopment Agency. Additionally, an Oversight Board, constituted by appointed members, would also be formed to oversee the activities of the newly created Successor Agency.