Redevelopment Successor Agency

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​Redevelopment Successor Agency

Overview

Successor Agency Office:
In accordance with ABx1 26, the Board of Supervisors voted on January 24, 2012, to dissolve the County’s Redevelopment Agency (RDA) and designated the County as the Successor Agency for the County Redevelopment Agency.

Oversight Board

Each Successor Agency within Sacramento County has an Oversight Board established to supervise its activities. Each Oversight Board has a fiduciary responsibility to holders of Enforceable Obligations and the taxing entities that benefit from distributions of property tax and other revenues. Each Oversight Board is tasked with:
  • The establishment of new repayment terms for outstanding loans
  • Refunding outstanding bonds/debt of the former redevelopment agency to provide savings
  • Setting aside amounts in reserves as required by indentures, trust indentures, or similar documents governing the issuance of outstanding redevelopment agency bonds
  • Merging project areas
  • Continuing to accept state/federal grants that require matching funds from the successor agency
  • Agreements to retain properties or other assets by the city or county
  • Establishment of the Recognized Obligation Payment Schedule
  • A request by the successor agency to pledge property tax revenues
In accordance with the Health and Safety Code Section 34179, the Board of Supervisors voted on April 10, 2012, to appoint a seven-member Oversight Board for the Sacramento County Successor Agency, as listed below:
  • County Superintendent of Education Appointee
    • Tammy Sanchez, Assistant Superintendent, Sacramento County Office of Education
  • Chancellor of Community College Appointee
    • Jon Sharpe, Deputy Chancellor, Los Rios Community College
  • Mayoral Appointee
    • Josh Rosa, Public-at-Large Representative
  • Sacramento Metropolitan Fire District Appointee
    • Kenneth R. Campo, Financial Consultant, Sacramento Metropolitan Fire District
  • County Board of Supervisors Appointee
    • Troy Givans, Interim Manager, Sacramento County Economic Development
  • County Board of Supervisors - Member of the Public Appointee
    • Greg K. Peterson, Attorney, K. Greg Peterson Law Offices
  • Former RDA Employee Appointee
    • LaShelle Dosier, Executive Director, Sacramento Housing and Redevelopment Agency

Projects and Documents

For further information concerning the functions of this board, please contact Crystal Bethke at (916) 874-8606.