Successor Agency to the Former Orange Redevelopment Agency
- Recognized Obligation Payment Schedule
- Enforceable Obligation Payment Schedule
- 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.
On January 10, 2012, the City of Orange City Council voted to form a Successor Agency for the former Orange Redevelopment Agency. All of the assets, properties, contracts, leases and records of the former Orange Redevelopment Agency have been transferred to the Successor Agency. The Successor Agency is responsible for overseeing and winding down the remaining legal and contractual obligations of the agency.
On January 25, 2012 acting as the Board of Directors of the Orange Redevelopment Agency, the Agency approved adoption of a 3rd amendment to the Enforceable Obligation Payment Schedule (EOPS). The following are links to the original EOPS document, and the three amendments, as approved by the Orange Redevelopment Agency Board:
The Orange Countywide Oversight Board (OCOB) was established by California Senate Bill 107 and pursuant to California Health and Safety Code § 34179(j).
The purpose of the OCOB is to oversee and direct the Successor Agencies starting July 1, 2018 within the County of Orange. These Successor Agencies were established after the dissolution of Redevelopment Agencies in 2012. There are 25 Successor Agencies in Orange County.