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Successor Agency to the Redevelopment Agency of the City of San Jose

Effective February 1, 2012, all redevelopment agencies in the State of California were dissolved pursuant to AB 1X 26. Although the Redevelopment Agency of the City of San Jose (Agency) has been dissolved, this website contains historical information about the Agency and will be used by the City of San Jose as the Successor Agency to the Redevelopment Agency of the City of San Jose to provide information related to the dissolution and winding down of the Agency. This website will be updated to provide additional information.


Oversight Board Meetings

The Oversight Board of the Successor Agency to the Redevelopment Agency of the City of San Jose holds its meetings at San Jose City Hall, 200 E. Santa Clara St., San Jose.

Oversight Board Meeting Schedule:
March 22, 2012
April 12, 2012
May 3, 2012
May 24, 2012
June 7, 2012
June 28, 2012


Recognized Obligation Payment Schedule

On February 28, 2012 the City Council, acting in its capacity as Successor Agency to the Redevelopment Agency, adopted Resolution No. 7003, approving the Recognized Obligation Payment Schedule, which details the obligations of the Successor Agency, in order to comply with the provisions of Section 34169 of the Health and Safety Code.

What's New?

Successor Agency Real Estate Asset List

 

Choose San Jose - Start & Grow your business here

Downtown Parking
Incentives for Businesses

quarterly report
Quarterly Projects Report

 


Second Amended Enforceable Obligation Payment Schedule

On January 31, 2012, the City Council adopted Resolution No. 76138 and the Agency Board adopted Resolution No. 6034, approving the Second Amended Enforceable Obligation Payment Schedule, which details the obligations of the Redevelopment Agency and the City of San Jose, as it relates to the Low and Moderate Income Housing Fund, in order to comply with the provisions of Section 34169 of the Health and Safety Code.


Amended Enforceable Obligation Payment Schedule

On September 27, 2011, the City Council adopted Resolution No. 76010 and the Agency Board adopted Resolution No. 6030, amending the Enforceable Obligation Payment Schedule to update the obligations of the Redevelopment Agency and the City of San Jose as it relates to the Low and Moderate Income Housing Fund in order to comply with the provisions of Section 34169 of the Health and Safety Code.


Enforceable Obligation Payment Schedule

Pursuant to Health and Safety Code Section 34169, the City Council and Agency Board adopted an Enforceable Obligation Payment Schedule that lists all of the obligations that are enforceable under AB X1 26. On August 23, 2011, the City Council adopted Resolution No. 75969, and the Agency Board adopted Resolution No. 6029:


Redevelopment in San Jose

Downtown Redevelopment

Hover over to see downtown without redevelopment projects

Governor Jerry Brown's 2011-2012 proposed budget includes the elimination of redevelopment agencies in California.

Without redevelopment, San Jose would lose a vital tool for stimulating economic development, eliminating blight, and improving the quality of life for all who live and work in San Jose. Learn more.

In the past few years, redevelopment agencies throughout the State of California have been forced to turn over a combined total of $2.05 billion in local property taxes to fund the State’s budget demands.  In the last 12 months alone, San Jose had to send $75 million of local property taxes to the State, leaving City and Redevelopment Agency critical projects and programs unfunded.  Now, in spite of the voters approving Proposition 22 just last November, which said that the state had to stop taking property taxes, the state is again trying to take even more local money from San Jose. Learn more.

Announcements:
Proposed FY 2011-2012 Capital and Operating Budget

Adopted 2010-11 Revised Capital Budget and Three-Year Spending Plan (13MB file)

Diridon Station Area and Potential Ballpark

Budget News:
Approval of the Redevelopment Agency’s 2010-11
Mid-Year Budget Review Report

Mid-Year Budget Presentation

Visit the News Room

Employee Compensation Information

 



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