Redevelopment agencies in California ceased to exist following the December 29, 2011, California Supreme Court decision in California Redevelopment Association v. Matosantos.  Effective February 1, 2012, Successor Agencies “assumed all authority, rights, powers, duties and obligations previously vested with the former redevelopment agency.”  Seven cities across California elected not to become a  Successor Agency.

Kosmont Companies (“Kosmont”) was retained by the California Department of Finance to provide staff support to six of the seven agencies – known under AB 26 as the Designated Local Authority (“DLA”). Since 2012, Kosmont assisted multiple DLAs and Successor Agencies (“SAs”) with the preparation of Long-Range Property Management Plans that govern the use and disposal of all former redevelopment agency (“RDA”) properties. Kosmont has or is providing staff support to the DLA Board as the SA in the cities of Los Banos, Mendota, Merced, Pismo Beach, Riverbank, and Santa Paula. These services are based on Kosmont’s expertise pertaining to pre-existing RDA contractual obligations, reserves management, enforcement of former RDA rights to protect and benefit bondholders, and preparation of administrative budgets and Recognized Obligation Payment Schedule (“ROPS”), as well as other dissolution tasks and requirements. Effective July 1, 2018, all local Oversight Boards roll-up to a Consolidated Countywide Oversight Board (“OB”) for all SAs in the County.  Kosmont is continuing to provide staff support services to the Merced Countywide Consolidated OB.

For additional information on the redevelopment dissolution process and the full text of AB 26, AB 1484 and SB 107, please visit http://www.dof.ca.gov/Programs/Redevelopment/.

Staff Contacts:
Mark Persico, DLA & Oversight Board Staff, (424) 297-1070
Joy Otsuki, Leibold, McClendon and Mann, PC, Legal Counsel, (949) 585-6300

Calendar

Title
Calendar of Meetings 2018-2019
474.62 KB
August 29, 2018
Agenda Submission Procedures & Deadlines
574.79 KB
August 29, 2018

    Successor Agency Resources

    Title
    Countywide OB Information Form First Amended Executed 071818
    155.70 KB
    August 29, 2018
    Rules of Procedure of the Countywide OB
    1.20 MB
    August 29, 2018
    Purpose of Countywide Oversight Board
    1.39 MB
    August 29, 2018
    Overview of Successor Agencies
    833.42 KB
    August 29, 2018
    Form of Submittal of Successor Agency Agenda Item
    694.89 KB
    August 29, 2018
    Agenda Submission Procedures & Deadlines
    574.79 KB
    August 29, 2018

      Agendas

      Title
      Regular Meeting Agenda 05.23.2019
      94.27 KB
      May 20, 2019
      Agenda MCOB – Cancellation (2019.03.28)
      27.94 KB
      March 14, 2019
      MCOB Regular Meeting Agenda 01.24.2019
      37.04 KB
      January 21, 2019
      Agenda MCOB 12.06.2018
      49.91 KB
      December 3, 2018
      Agenda MCOB Cancellation 11.29.2018
      27.87 KB
      November 28, 2018
      Merced Countywide Oversight Board Regular Meeting Agenda 092718
      29.14 KB
      September 24, 2018
      Special Meeting Agenda 072618
      29.08 KB
      September 24, 2018

        Agenda Packages

        Title
        MCOB Agenda Packet Complete (2019.05.23)
        7.67 MB
        May 21, 2019
        MCOB Agenda Package 012419
        11.57 MB
        January 21, 2019
        Agenda MCOB – 12.06.2018
        13.69 MB
        December 4, 2018
        MCOB Agenda Package 112918
        16.32 MB
        November 26, 2018
        Merced Countywide Oversight Board Agenda Package 092718
        10.82 MB
        September 24, 2018

          Minutes

          Title

            OB Resolutions & DOF Determinations

            Title
            OB reso 2018-07 Approving Assignment of QLICI Loan – signed
            19.40 MB
            August 29, 2018
            OB Reso 2018-06 Approving Legal Services & Conflict of Interest Waiver – signed
            6.73 MB
            August 29, 2018
            OB reso 2018-05 Approving Admin & Prof Services Contract – signed
            10.43 MB
            August 29, 2018
            OB Reso 2018-04 Adopting Conflict of Interest Code – signed
            1.53 MB
            August 29, 2018
            OB Reso 2018-03 Adopting Riules of Procedure – signed
            6.31 MB
            August 29, 2018
            OB Reso 2018-02 Adopting Bylaws – signed
            3.35 MB
            August 29, 2018
            OB Reso 2018-01 Date, Time & Location of Mtgs – signed
            1.08 MB
            August 29, 2018

              Contacts

              Title
              Successor Agencies Contacts
              517.86 KB
              August 29, 2018