Successor Agency

Assembly Bill 1X 26 (the “Dissolution Act”) and Assembly Bill 1X 27 (the “Alternative Redevelopment Program Act”) were enacted on June 28, 2011, to significantly modify the Community Redevelopment Law (Health & Safety Code §33000, et seq. (the “Redevelopment Law”). On August 11, 2011, the California Supreme Court agreed to review the California Redevelopment Association’s and League of California Cities’ petition challenging the constitutionality of the Dissolution Bill and the Alternative Redevelopment Program Act.  On December 29, 2011, the California Supreme Court ruled that the Dissolution Act is largely constitutional and the Alternative Redevelopment Program Act is unconstitutional.  The Court’s decision means that all California redevelopment agencies will dissolve on February 1, 2012, pursuant to the Dissolution Act.  In accordance with the Redevelopment Law, the City previously authorized and created a redevelopment agency known as the Redevelopment Agency of the City of Watsonville, a public body, corporate and politic (the “Agency”), for the purposes of carrying out redevelopment activities within the City.  The Dissolution Act provides that the city that authorized the creation of the redevelopment agency shall be the “successor agency” to the dissolved redevelopment agency unless the city elects not to serve as the successor agency under Section 34173(d)(1) of the Redevelopment Law.  Section 34176(a) of the Redevelopment Law provides that the city that authorized the creation of the redevelopment agency may elect to retain the housing assets and functions previously performed by the former redevelopment agency. The City intends to, and shall, serve as the successor agency for the Agency in accordance with Section 34171(j) and Section 34173 of the Redevelopment Law.  The City desires to elect to retain the housing assets and functions previously performed by the Agency in accordance with Section 34176 of the Redevelopment Law.

 Meeting Date
Agendas
Resolutions
Minutes
August 28, 2012
Agenda
Item 8.3a Successor Agency Loans Report
Item 8.3e Succesor Agency Loan 1 Resolution
Item 8.3f Succesor Agency Loan 2 Resolution.pdf
Minutes
December 11, 2012
Agenda
 - Minutes
February 12, 2013
Agenda
Agenda Packet
Item 8.1 Cooperation Agreement Watsonville Minutes
April 9, 2013
Agenda
Agenda Packet
- Minutes
April 23, 2013
Agenda
Agenda Packet
 - Minutes
May 14, 2013
Agenda
Agenda Packet
- Minutes
May 21, 2013
Agenda
Agenda Packet
Revised Proposed Budget Report
- Minutes
May 28, 2013
Agenda
Agenda Packet
- Minutes
June 11, 2013
Agenda
Agenda Packet
Item 6.1e Budget and CIP Adoption Resolution 
Minutes
August 13, 2013
Agenda
-
Minutes
September 10, 2013
Agenda
Agenda Packet
Item 4.2 Successor Agency Litigation Loan Resolution Minutes
October 22, 2013
Agenda
Agenda Packet
 Item 6.1e Inter-Fund Loan Resolution Minutes
November 12, 2013
Agenda
Agenda Packet
Item 6.1 DOF invoice Resolution  Minutes
 December 10, 2013
Agenda
Agenda Packet
-  Minutes
January 14, 2014
Agenda
Agenda Packet
-  Minutes
January 28, 2014
Agenda
Agenda Packet
-  Minutes
February 11, 2014
Agenda
Agenda Packet
-  Minutes
March 11, 2014
Agenda
Agenda Packet
Item 8.2 Resolution Approving Reinstatement of City Loans Made to the RDA Minutes
 May 27, 2014
Agenda
Agenda Packet
Draft Budget
 - Minutes
 June 10, 2014
Agenda
Agenda Packet
Draft Budget
Item 6.3 
ADOPTING THE FINAL BUDGET
FOR FISCAL YEAR 2014-2015
Minutes
June 24, 2014
Agenda
Agenda Packet
- Minutes
August 26, 2014
Agenda
Agenda Packet
 Item 8.2 City_Successor Agency 4th Loan Resolution Minutes