The seven member Oversight Board has a fiduciary responsibility to holders of obligations of the former Redevelopment Agency (RDA) and to the taxing entities that would benefit from the distribution of revenues generated by the liquidation of the RDA assets. Assembly Bill ABX1 26 gives the Oversight Board authority over the former RDA's financial affairs. Per the legislation, the Oversight Board exists for four years. All California Oversight Boards will be merged into one board for each county commencing in July 1, 2016.
The Oversight Board meetings are held in the Council Chambers at Walnut City Hall, 21201 La Puente Road, Walnut, CA 91789. All meetings are open to the public and the public may address the commission during the oral communications portion of the meeting.
For more information, please call City Clerk's Office at (909) 595-7543.
Our current Oversight Board members are:
Tina Marquez Herzog
Juan Fernando Oliveros