Madera Redevelopment Agency

About the Agency

Dissolved by the California Legislature in February 2012, Madera’s Redevelopment Agency had an exemplary track record for the completion of successful projects. During its existence, the Agency built a reputation for developing high quality projects, supporting the business community and meeting the needs of the residents, who together make Madera a better city to live, work and play. Redevelopment Agency efforts included projects in the areas of:

Economic Development
Community Infrastructure
Affordable Housing
Neighborhood Revitalization and Preservation
Emergency Abatement Program

Established in 1990, the Madera Redevelopment Project Area encompasses 4,207.7 acres. Since inception, assessed valuation increased from $248,082,078 to $557,533,230. This represents an increase of $125%.

Redevelopment Plan Adoption

December 17, 1990, Ordinance No. 565 C.S. First Amendment, April 3, 1996, Ordinance No. 654 C.S. Second Amendment, June 19, 1999, Ordinance No. 700 C.S. Third Amendment, March 19, 2008, Ordinance No. 833 C.S.

Project Area Information

Original Project Area: 2,285.7 acres Second Amendment: 1,325 acres Third Amendment: 597 acres Total: 4,207.7 acres

Period for Incurring Debt

December 17, 2020 is the date for no further indebtedness, but tax increment will continue to be collected until existing debt is repaid. Maximum Bond Indebtedness: $444,000,000 Maximum Tax Increment (on original Project Area): $1,080,000,000

Meetings and Agendas

For copies of meeting documents and reports from the meetings listed below and for preceding years, contact Claudia Mendoza at (559) 661-5113. Note: The last meeting of the Madera Redevelopment Agency was January 11, 2012 as a result of the California Supreme Court decision on December 29, 2011 upholding ABx1 26, eliminating all redevelopment agencies in California.

Meeting Agendas	Adopted Minutes
01-12-2011	01-12-2011
02-09-2011	02-09-2011
03-06-2011 Special Meeting	03-06-2011
03-09-2011	03-09-2011
04-13-2011	04-13-2011
05-11-2011	05-11-2011
06-08-2011	06-08-2011
07-13-2011	07-13-2011
08-10-2011	08-10-2011
09-14-2011	09-14-2011
10-12-2011	10-12-2011
11-09-2011	11-09-2011
12-14-2011	12-14-2011
01-11-2012	01-11-2012

Annual Reports

AB 987

Pursuant to AB 987, redevelopment agencies are required to compile and maintain a database of existing, new, and substantially rehabilitated housing units assisted with moneys from the Low and Moderate Income Housing Fund, or used to satisfy the agency’s replacement housing or production obligations. The database must be updated annually and made available to the public on the Internet. Six housing programs are detailed on the attached databases. Please be aware this is not a listing of current available housing.

Enforceable Obligation Payment Schedule (EOPS)

Pursuant to AB 1X 26, at a special meeting of the Madera Redevelopment Agency held on August 17, 2011, the Agency Board adopted the Enforceable Obligation Payment Schedule (EOPS) by Resolution No. MRA-1490. A copy of the payment schedule can be viewed on the link below.

EOPS Report - August 17, 2011

At the January 11, 2012 meeting of the Madera Redevelopment Agency, the Agency Board adopted an updated Enforceable Obligation Payment Schedule (EOPS) by Resolution No. MRA-1496 to cover the period beginning January 1, 2012 through June 30, 2012. A copy of the resolution and updated EOPS can be viewed at the link below.

EOPS Report - January 11, 2012

Contact Information