The Successor Agency of the West Covina Redevelopment (Successor Agency) is responsible for the unwinding operations of the former redevelopment agency, as dictated under the redevelopment elimination legislation (AB 1x26 and AB 1484). The Successor Agency is charged with repaying existing indebtedness, completing performance of existing contractual obligations, and otherwise winding down operations, and preserving agency assets for the benefit of taxing agencies. AB1X26 and AB1484 also required the establishment of an Oversight Board to regulate the actions of the Successor Agency.
For Agendas please use the links below:
- Successor Agency
- Oversight Board
- Enforceable Obligation Payment Schedule (EOPS)
- Recognized Obligation Payment Schedule (ROPS)