Oversight Board

cityhallOversight Board

Effective February 1, 2012, all redevelopment agencies (RDA) in California were dissolved and replaced with successor agencies responsible for winding down the affairs of the former agencies. Among each successor agency's responsibilities is the disposition of its former RDA's assets, and ensuring that all enforceable obligations of the former RDA are addressed.

On January 3, 2012, the Yorba Linda City Council elected to become the Successor Agency of its former redevelopment agency. The City, as Successor Agency, became operative on February 1, 2012. On that date, all assets, properties, contracts, and leases of the former redevelopment agency were transferred to the Successor Agency.

Additionally, AB x1 26 requires the establishment of an Oversight Board to supervise the dissolution of each redevelopment agency, including the review and approval of all actions taken by the Successor Agency to implement the dissolution process. Oversight Boards have fiduciary responsibilities to the holders of enforceable obligations and to the taxing entities that benefit from
distributions of property tax.

Oversight Board Members

The Oversight Board for Successor Agency to the Yorba Linda Redevelopment Agency is comprised of the following seven members:

·Gene Hernandez

Mayoral appointee

·Pamela Stoker – Vice Chair

Mayoral appointee

·Thomas Lindsey

Orange County Board of Supervisors appointee

·Stephen J. Stowell

Orange County Board of Supervisors appointee

·Kennith Peterson

Orange County Board of Supervisors appointee on behalf of OC Flood Control District

·David Giordano

Superintendant of Education appointee

·Vacant

Chancellor of Community College District appointee

Oversight Board Meetings

The Oversight Board's regular scheduled meetings are held on the second Monday of February and September of each calendar year, starting at 4:00 pm. and are conducted in City Council Chambers at Yorba Linda City Hall, 4845 Casa Loma Avenue, Yorba Linda, CA 92886.  Additional special meetings may continue to be required as necessary.  Any additional meetings will called as a special meeting as defined by the Brown Act.

Board agendas and related staff reports/documents are available 72 hours before the scheduled Board meeting and are also archived through the City's website, which can be accessed by clicking here.

For additional information or questions regarding the Oversight Board, please contact City of Yorba Linda staff member Pamela Stoker at pstoker@yorba-linda.org or (714)961-7105.