The City of Solana Beach is now accepting applications from the public to become members of the City’s Oversight Board to the Successor’s Agency of the RDA (Redevelopment Agency). As a result of AB 1x26, all RDA’s throughout the state are now dissolved. The City of Solana Beach has formed a Successor Agency to oversee the assets, properties, contracts and leases of the former RDA. The Successor Agency must create a Redevelopment Obligation Retirement Fund, continue payments on the Enforceable Obligation Schedule, maintain reserves, perform obligations required by Enforceable Obligations, dispose of assets and property, and enforce all rights for the benefit of taxing agencies. An Oversight Board is generally intended to supervise the activities of the Successor Agency.
Oversight boards are made up of seven members consisting of two members appointed by the City Council, two members appointed by the County Board of Supervisors, one member appointed by the largest special district within the RDA (Santa Fe Irrigation District), a member appointed by the County Board of Education, and a member appointed by the Chancellor of the Community College District.
The specific tasks of the Oversight board include directing the staff of the Successor Agency, having fiduciary responsibilities to holders of enforceable obligations, approving actions of the Successor Agency and establishing the Recognized Payment Obligation Payment Schedule. It is expected that members of the Oversight Board will serve until July, 2016.
If you have an interest in serving on the City’s Oversight Board, please complete an application and submit to the City Clerk’s Department at: 635 South Highway 101, Solana Beach, CA 92075 or via email to email@example.com
For more information, please contact Dan King at firstname.lastname@example.org