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.
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