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La Palma successor agency reports timeline for dissolution; obligations remain through 2033
La Palma City Council · August 5, 2025
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Summary
Deputy city manager told the council the successor agency to the dissolved redevelopment agency submitted a last-and-final ROPS on Dec. 30, 2020; 1993 bonds were paid off June 2022; remaining obligations are scheduled to be repaid by January 2033.
The successor agency to La Palma’s dissolved redevelopment agency provided a receive-and-file update at the Aug. 5 meeting. Deputy City Manager Joe Cisneros outlined the history of redevelopment…
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