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Ventura County oversight board approves City of Santa Paula request to dissolve former redevelopment agency
Summary
The Ventura County Consolidated Oversight Board voted 4-0 on May 14 to adopt a resolution approving the City of Santa Paula's request to formally dissolve its former redevelopment agency after the city completed property sales and satisfied enforceable obligations.
The Ventura County Consolidated Oversight Board voted 4-0 on May 14 to adopt a resolution approving the City of Santa Paula's request to formally dissolve its former redevelopment agency.
The action came after a city representative told the board the successor agency had sold remaining properties and completed required bond payments. "Since that time, they've sold their properties and paid off their enforceable obligations," Joy Atsuki, counsel to the Santa Paula DLA, said during the meeting.
The board's approval followed a staff briefing and a short presentation…
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