Successor Agency to the Former Orange Redevelopment Agency
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.
For more information about the former Orange Redevelopment Agency, click here.
Successor Agency Oversight Board The Successor Agency to the Orange Redevelopment Agency is subject to an Oversight Board which has fiduciary responsibilities to the holders of enforceable obligations and the taxing entities that benefit from distributions of property tax and other revenue.
The Orange Successor Agency Oversight Board Members:
Mayor Carolyn V. Cavecche, Chair City of Orange
Patricia “Pat” Buttress, Vice-Chair Orange County Board of Supervisors Representative
Michael L. Christensen County Superintendent of Education Representative
Douglass S. Davert Orange County Sanitation District
Gary Remland Orange County Board of Supervisors Representative
Aaron Schulze Former Redevelopment Agency Employee Representative
Phillip E. Yarbrough Chancellor of California Community Colleges Representative
Successor Agency Executive Director, John Sibley, City Manager of Orange.