RDA Successor Agency

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Finance Department Finance Director
1 Civic Center Drive
San Marcos, CA 92069
(760) 744-1050
Laura Rocha
(760) 744-1050, ext. 3126

About the RDA RDA Dissolution Successor Agency ROPS      Dept. of Finance Correspondence Other Documents

The San Marcos Redevelopment Agency
The San Marcos Redevelopment Agency was formed in 1983 to assist local government in eliminating physical, economic, and social blight and to revitalize deteriorated areas (click here for a map of the Project Areas). During its nearly three decades of operation, the San Marcos Redevelopment Agency invested more than $300 million in a wide variety of sorely needed public improvements intended to alleviate blight and improve the City’s economic base.

The Redevelopment Agency’s other major charge under state law was affordable housing. To meet that mandate, the Agency helped approximately 1,300 low- to moderate-income mobilehome residents purchase the space their coach was located on. The Agency also provided financial and/or technical assistance to a number of rental affordable housing projects within the City which resulted in the construction of more than 2,000 affordable apartment units.

Dissolution of Redevelopment Agency

ABX1 26, enacted in June 2011, dissolved each of the redevelopment agencies within the State as of February 1, 2012. Since that date, California cities and counties that had formed and sponsored redevelopment agencies began the work necessary to wind down such agencies in accordance with the legislative provisions.

On June 27, 2012, AB 1484 was passed by the legislature to amend provisions of ABX1 26.

Successor Agency
On January 10, 2012, the San Marcos City Council elected to serve as the Successor Agency to the San Marcos Redevelopment Agency and successor housing entity to the former Agency. The Successor Agency serves in a fiduciary role to ensure the orderly wind down of the former Agency, including the payment of outstanding debts. The former Agency’s efforts are subject to the review and participation of its Oversight Board formed in accordance with ABX1 26 (the “Oversight Board”), as well as the Department of Finance (the “DOF”) of the State of California (the “State”), the State Auditor and Controller, and the County Auditor-Controller.

The Oversight Board and the DOF must approve the Recognized Obligation Payment Schedule (the “ROPS”), each of which includes a listing of all enforceable obligations, including bonded indebtedness, to be paid from what was formerly tax increment. ROPS are prepared by the Successor Agency for successive six-month periods following the dissolution of the former Agency.

ROPS 
Click on the following links in order to view the four most recent ROPS schedules approved by the Oversight Board and submitted to the DOF:      

DOF Correspondence 
Click on the following links in order to view DOF letters regarding the four most recent ROPS:  

Click on the following links in order to view DOF letters regarding low and moderate income housing funds due diligence reviews:

The following is a link to the Finding of Completion letter from the DOF:

Information regarding prior ROPS and DOF correspondence can be found on the DOF's website.

Other Documents
The following are links to the Successor Agency's Long Range Property Management Plan (LRPMP) and its accompanying attachments. The LRPMP was approved by the Oversight Board on November 1, 2013, and by the DOF on September 30, 2014. The Oversight Board resolution approving the LRPMP and the letter received from the DOF are provided below.

Questions 
If you have any questions about the dissolution of the San Marcos Redevelopment Agency, please contact Laura Rocha at 760-744-1050 ext. 3126.