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Redevelopment Successor Agency

Pursuant to State legislation ABx1 26, the "Dissolution Act," the Redevelopment Agency (RDA) of the City of Sunnyvale was dissolved effective Feb. 1, 2012. The City elected to become the Redevelopment Successor Agency (RSA), responsible for winding down the affairs of the former RDA.

The Dissolution Act further required each former RDA to prepare an Enforceable Obligation Payment Schedule (EOPS). The former RDA adopted the required EOPS and subsequent Amended EOPS.

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Oversight Board

The Oversight Board has a fiduciary responsibility to the holders of Enforceable Obligations and the taxing entities that benefit from distributions of property tax and other revenues. Commencing July 1, 2018, the Oversight Board was consolidated into a single, countywide Oversight Board.

Visit Santa Clara County's meeting portal and select "Redevelopment Dissolution Countywide Oversight Board of Santa Clara County" for more information.

EOPS

On August 23, 2011, the former RDA adopted a resolution approving the Enforceable Obligation Payment Schedule (EOPS). The EOPS identifies debt service and other payments that the RDA must make through December 2011.

The RSA, at a public meeting of the RSA Board on April 24, 2012, approved and adopted an amendment to the EOPS in the form an Amended Enforceable Obligation Payment schedule (Amended EOPS). The amendments contained in the Amended EOPS include extending the payment schedule for Enforceable Obligations to additionally cover the months of January through June 2012.

Meetings

Redevelopment Successor Agency Meetings are held only as necessary in the Council Chambers at City Hall, 456 W. Olive Ave., Sunnyvale 94086, unless otherwise noted on the Agenda Notice.

Documents

EOPS
Amended EOPS
Draft ROPS - January-June 2012
1st Adm Budget Jan-Jun 2012
Certified 1st ROPS
2nd Adm Budget July-Dec 2012
Certified 2nd ROPS
Resolution - 101-12-OB, Certified 3rd ROPS, Approved Admin Budget Jan-June 2013
Housing Fund Due Diligence Review
Non-Housing Fund Due Diligence Review
Housing Successor Agency Annual Report 13-14
Housing Successor Agency Annual Report 14-15
Housing Successor Agency Annual Report 15-16
Resolution - 105-13-OB, Approved ROPS 13-14A & Admin Budget, July-Dec 2013
Resolution - 106-13-OB, Approved ROPS 13-14B & Admin Budget, Jan-June 2014
Resolution - 107-14-OB, Approved ROPS 14-15A & Admin Budget, Jul-Dec 2014
Resolution - 108-14-OB, Approved ROPS 14-15B & Admin Budget, Jan-June 2015
Resolution - 109-14-OB, LMIHF Repayment Schedule
Resolution - 110-15-OB, Approved ROPS 15-16A & Admin Budget, Jul-Dec 2015
Resolution - 111-15-OB, Transfer of Property (Plaza Del Sol)
Resolution - 112-15-OB, Approved ROPS 15-16B & Admin Budget, Jan-June 2016
Resolution - 113-16-OB, Approving Contract (Keyser Marston Assoc), 1-28-2016
Resolution - 114-16-OB, Approving Contract (Macias Gini and O'Connell, LLP), 1-28-2016
Resolution - 115-16-OB, Approved Admin Budget, July 2016-June 2017
Resolution - 116-16-OB, Approved ROPS 16-17, July 2016-June 2017
Resolution - 117-16-OB, Approved 2016 MRADDOPA for the Sunnyvale Town Center
Resolution - 118-17-OB, Approved Admin Budget, July 2017-June 2018
Resolution - 119-17-OB, Approved ROPS 17-18, July 2017-June 2018
Resolution - 120-18-OB, Approved Admin Budget, July 2018-June 2019
Resolution - 121-18-OB, Approved ROPS 18-19, July 2018-June 2019
Resolution - 122-18-OB, Approved Transfer of Property (APN 209-34-021 & 25, Lot A)
Resolution - 123-18-OB, Approved 2003 Loan & Repayment Agreement (Admin & Operating)
Resolution - 124-18-OB, Approved 2003 Loan & Repayment Agreement (Street & Infrastructure)
Resolution - 125-18-OB, Approved Hiring OB Legal Counsel, Extension to Answer Lawsuit
Santa Clara County Resolution No. OB-2019-3 Sunnyvale ROPS 19-20
Last Updated: Jul 15, 2019
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