Beginning July 1, 2018, there will be only one oversight board in Contra Costa County. The purpose of this County Oversight Board is to oversee all redevelopment successor agencies in the County. This new
oversight board will be staffed by the County Auditor-Controller with assistance from the Contra Costa County Department of Conservation (DCD). The Countywide oversight board is appointed as follows:
(1) One member may be appointed by the county board of supervisors.
(2) One member may be appointed by the city selection committee established pursuant to Section 50270 of the Government Code. In a city and county, the mayor may appoint one member.
(3) One member may be appointed by the independent special district selection committee established pursuant to Section 56332 of the Government Code, for the types of special districts that are eligible to receive property tax revenues pursuant to Health and Safety Code Section 34188.
(4) One member may be appointed by the county superintendent of education to represent schools if the superintendent is elected. If the county superintendent of education is appointed, then the appointment made pursuant to this paragraph shall be made by the county board of education.
(5) One member may be appointed by the Chancellor of the California Community Colleges to represent community college districts in the county.
(6) One member of the public may be appointed by the county board of supervisors.
(7) One member may be appointed by the recognized employee organization representing the largest number of successor agency employees in the county.
If any Oversight Board member positions have not been filled by July 15, 2018, the Governor may appoint people to those positions. Below is the current status of the Oversight Board composition:
Seat |
To Represent: |
Primary |
Alternate (if any) |
1 |
Board of Supervisors |
TBD |
|
2 |
Mayor's Conference |
Peter Murray |
Laura Hoffmeister |
3 |
Special Districts |
TBD |
|
4 |
Superintendent of Schools |
TBD |
|
5 |
Community College Districts |
Vicki Gordon |
|
6 |
County Public Member (BOS) |
Jack Weir |
William Swenson |
7 |
Employee Representative |
TBD |
|
Before July 15, the Board of Supervisors should make the appointment for Seat 1 on the oversight board. The statute does not define the seat term. The Board's general policy has been to establish seat terms at four years when no other term has been specified. However, Board of Supervisors member appointments are, in some cases, considered for reassignment annually. Therefore, a seat term of up to four years, at the Board's discretion, would be appropriate. To fill Seat 1, the Board may consider appointing:
- A member of the Board of Supervisors
- Another county elected official who resides or works in Contra Costa County and is willing to serve
- A County staffperson
- A member of the public who resides in Contra Costa Costa
The duties of the Countywide Redevelopment Successor Oversight Board are summarized briefly below:
- Approve new repayment terms for outstanding loans where the terms have not been specified
- Approve refunding of outstanding bonds or other debt of the former redevelopment agency by successor agencies in order to provide for savings or to finance debt service spikes
- Approve creation of reserves as required by indentures, trust indentures, or similar documents governing the issuance of outstanding redevelopment agency bonds
- Approve merger of project areas
- Continuing the acceptance of federal or state grants, or other forms of financial assistance from either public or private sources, where assistance is conditioned upon the provision of matching funds, by the successor entity as successor to the former redevelopment agency, in an amount greater than 5 percent
- Approve compensation agreements between entities that wish to retain assets for future use, and the other taxing entities, to provide payments to them in proportion to their shares of the base property tax
- Approve establishment of the Recognized Obligation Payment Schedule or "ROPS"
- Oversee successor agencies' actions to wind down their affairs
The Board appointed Supervisor Glover to Seat 1 on the Countywide Redevelopment Oversight Board.