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Oversight Board

On December 29, 2011, the California State Supreme Court upheld AB 1 X 26 (the “Dissolution Act”) and required the dissolution of every redevelopment agency within California as of February 1, 2012. Assembly Bill X1 26 established Successor Agencies and Oversight Boards whose purpose is to wind down the affairs of a dissolved redevelopment agency. 

The Oversight Board is comprised of representatives from various local taxing entities and organizations. The Oversight Board oversees and approves certain actions of the City of Hollister Successor Agency, and manages the assets of the former redevelopment agencies, the repayment of debts and the fulfillment of other redevelopment agency obligations. 

 General Functions

  • Direct the Successor Agency actions in terminating or renegotiating contracts, agreements or other arrangements between the former RDA and private parties in order to reduce the Successor Agencies liabilities and increase the net revenues to the taxing entities. 
  • Review and authorize the Successor Agency’s Recognized Obligation Payment Schedule(s) (ROPS). 
  • Fiduciary responsibility to holders of enforceable obligations and the taxing entities that benefit from distributions of property tax and other revenues pursuant to Health & Safety Code Section 34188. 
  • The Finance Division is responsible for implementation of the RDA dissolution statutes, (AB)x1 26, AB 1484, AB 471, and SB 107, and oversees the winding-down of the Successor Agencies  

 Oversight Board Meeting Agenda

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Oversight Board Meeting Agendas56 documents

20216 documents

  • Cancellation Notice
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    June 24, 2021
  • Cancellation Notice
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    May 27, 2021
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    April 22, 2021
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    March 25, 2021
  • Cancellation Notice
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    February 25, 2021
  • Regular Meeting
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    January 28, 2021

20201 document

  • Regular Meeting(Packet)
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    January 23, 2020

201910 documents

  • Cancellation Notice
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    November 21, 2019
  • Cancellation Notice
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    September 26, 2019
  • Cancellation Notice
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    August 22, 2019
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    July 25, 2019
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    June 27, 2019
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    May 23, 2019
  • Cancellation Notice
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    April 25, 2019
  • Cancellation Notice
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    February 28, 2019
  • Regular Meeting(Packet)
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    February 28, 2019
  • Regular Meeting(Packet)
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    January 24, 2019

20186 documents

  • Cancellation Notice
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    October 25, 2018
  • Cancellation Notice
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    September 27, 2018
  • Cancellation Notice
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    July 26, 2018
  • Cancellation Notice
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    May 24, 2018
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    April 26, 2018
  • Regular Meeting(Packet)
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    January 25, 2018

20175 documents

  • Cancellation Notice
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    October 26, 2017
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    July 27, 2017
  • Cancellation Notice
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    June 22, 2017
  • Cancellation Notice
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    May 25, 2017
  • Regular Meeting(Packet)
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    January 26, 2017

20168 documents

  • Regular Meeting(Packet)
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    October 27, 2016
  • Cancellation Notice
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    July 28, 2016
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    June 23, 2016
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    April 28, 2016
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    May 26, 2016
  • Cancellation Notice
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    March 24, 2016
  • Cancellation Notice
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    February 25, 2016
  • Regular Meeting(Packet)
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    January 28, 2016

20159 documents

  • Regular Meeting(Packet)
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    October 22, 2015
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    September 24, 2015
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    August 27, 2015
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    July 23, 2015
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    May 28, 2015
  • Regular Meeting(Packet)
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    April 23, 2015
  • Cancellation Notice
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    March 26, 2015
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    February 26, 2015
  • Cancellation Notice
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    January 22, 2015

201411 documents

  • Regular Meeting
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    January 02, 2014
  • Cancellation Notice
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    February 06, 2014
  • Cancellation Notice
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    March 06, 2014
  • Regular Meeting
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    March 27, 2014
  • Regular Meeting(Packet)
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    April 24, 2014
  • Cancellation Notice
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    May 22, 2014
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    June 26, 2014
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    July 24, 2014
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    August 28, 2014
  • Regular Meeting
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    September 25, 2014
  • Cancellation Notice
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    October 23, 2014