By now, the successor agency (“Successor Agency”) for each former redevelopment agency (“Former RDA”) has likely prepared, obtained its governing board’s (typically the city council or board of supervisors) approval, and posted on its website the draft first recognized obligation payment schedule (“First ROPS”) providing specified information about the Former RDA’s enforceable obligations for the period of January through June 2012 (and over the duration of such obligations), in accordance with the provisions of ABx1 26 (“Dissolution Act”).
Download the PDF: “Redevelopment Dissolution: Successor Agency Actions”