Cotati Community Redevelopment Successor Agency
On December 29, 2011, the California Supreme Court issued its opinion which upheld the validity of AB1x26 which dissolves all the redevelopment agencies in the State. As a result of the Court's ruling, the dissolution of redevelopment agencies is effective as of February 1, 2012
Cotati Community Redevelopment Agency
The Cotati Community Redevelopment Agency was implemented on December 30, 1986, in accordance with the Community Redevelopment Law, Code section 33000 of the Health and Safety Code and the California Environmental Quality Act of 1970. The funding sources for the Redevelopment Agency are in the form of property tax increment revenues and Tax Allocation Bond proceeds, which are secured and serviced by property tax increment revenues. Separate funds account for Redevelopment Operations, Low and Moderate Income Housing Set-aside, Capital Projects, and Debt Service.
The goal of the Redevelopment Agency is to:
- Eliminate blight within the Redevelopment Project Area pursuant to the Redevelopment Plan adopted December 30, 1986.
- Promote economic development activities, which will contribute to the economic health and vitality of the City of Cotati and its citizens.
- Rehabilitate, restore and enhance the visual and aesthetic character of the building and environment within the City of Cotati.
- Ensure an adequate stock of low and moderate income housing.
- Oversee Sonoma County administration of rent stabilization for low and moderate income residents living in mobile home parks.
Oversight Board to Successor Agency of Cotati Redevelopment Agency
Information about the Oversight Board to Successor Agency of Cotati Redevelopment Agency can be found here.
- Cotati Redevelopment Project 5-Year Implementation Plan (PDF)
- Enforceable Obligation Payment Schedule (PDF)
- Resolution (PDF)
- Audited Financials
- Redevelopment Agency Audited Financials for Fiscal Year 2010 to 2011 (PDF)
- Included within Basic Financial Statements and CAFR for fiscal years 2011-2017 click here.
Recognized Obligation Payment Schedule Filing
View the Schedule Filings from our Archive Center.