RDA Successor Agency Oversight Board

On December 29, 2011, the California Supreme Court issued its ruling that the Dissolution Act  was constitutional, but that the Continuation Act was not. Because of this ruling striking down the Continuation Act, all redevelopment agencies, including the City of Rio Vista’s Redevelopment Agency, will dissolve consistent with the Dissolution Act on February 1, 2012.

On January 10, 2012, Pursuant to Part 1.85 of Division 24 of the Health and Safety Code, the City Council of the City of Rio Vista discussed whether or not to become the Successor Agency to the Rio Vista Redevelopment Agency. Under the Legislation, if the City choses not to become the successor agency, the City Council must adopt a Resolution to that effect. No Resolution was approved as the City Council chose to become the successor agency for the Rio Vista Redevelopment Agency.

Due Diligence Review was conducted in accordance with
California Assembly Bill 1484.

 

Due Diligence Review for Low and Moderate Income Housing Fund of the RDA Successor Agency

Due Diligence Review for Other RDA Funds