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Thursday, May 24, 2012

Updated 05/07/2012


                   

REDEVELOPMENT DEPARTMENT

The Redevelopment Department (Department) was created on February 1, 2012 as a result of the California Dissolution Act. The Department is tasked with the wind-down of the former Redevelopment Agency activities.

BACKGROUND

On July 18, 2011, the California Redevelopment Association, League of California Cities, and specific municipalities filed litigation challenging ABx1-26, the Redevelopment Agency Dissolution Act. On December 29, 2011, the California Supreme Court upheld ABx1-26, thereby dissolving redevelopment agencies in California. As a result of this action, the Placer County Board of Supervisors, created the Redevelopment Department to complete the dissolution of the Placer County Redevelopment Agency.

As staff to the Successor Agency (Placer County Board of Supervisors), the Redevelopment Department is currently responsible for:

  • Making payments and processing approved obligations (as defined in the Recognized Obligations Payment Schedule which can be found on the Oversight Board page.)
  • Disposing of Assets.
  • Winding down former Redevelopment Agency activities.
  • Preparing an administrative budget for approval by an Oversight Board.

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