RDA Successor Agency

The San Marcos Redevelopment Agency was formed in 1983 to assist local government in eliminating physical, economic, and social blight and to revitalize deteriorated areas. View the map of the Project Areas.(PDF, 898KB)

During its nearly three decades of operation, the RDA invested more than $300 million in public improvements intended to alleviate blight and improve the city’s economic base.

The RDA also addressed affordable housing, helping approximately 1,300 low- to moderate-income mobile home residents purchase the space their coach was located on and supporting the construction of more than 2,000 affordable apartment units.

Dissolution

ABX1 26, enacted in June 2011, dissolved redevelopment agencies within the State as of February 1, 2012. Since then, cities and counties began winding down such agencies in accordance with legislative provisions.

On June 27, 2012, AB 1484 was passed, amending provisions of ABX1 26.

Successor Agency

On January 10, 2012, the San Marcos City Council elected to serve as the Successor Agency to the RDA. The Successor Agency ensures the orderly wind-down of the former Agency, including the payment of outstanding debts. Efforts are reviewed and approved by the Oversight Board and the Department of Finance (DOF).

The Oversight Board and DOF must approve the Recognized Obligation Payment Schedule (ROPS), listing all enforceable obligations, including bonded indebtedness. ROPS are prepared for successive six-month periods. 

Payment schedule

Recognized Obligation Payment Schedule (ROPS)

ROPS 21-22 (July 2021 - June 2022)(PDF, 1MB)

ROPS 22-23 (July 2022 - June 2023)(PDF, 203KB)

ROPS 23-24 (July 2023 - June 2024)(PDF, 1MB)

ROPS 24-25 (July 2024 - June 2025)(PDF, 204KB)

ROPS 25-26 (July 2025 - June 2026)(PDF, 3MB)

 

Correspondence

Department of Finance Correspondence

5 most recent ROPS

Other correspondence 

Additional information about prior ROPS and DOF correspondence can be found on the Department of Finance website.

 

  

 

 

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