[{"_1":2,"_87":-5,"_88":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,75],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},"mediaId",6670617,"mediaKeyId","2172215-b199ce7e79ae0a0bad73021a31f3074a","parentId",2172215,"title","Oversight board approves Ventura plan to package downtown 'Site 7' parcels and begin Surplus Land Act process","audioSeconds",371,"startMs",1764000,"endMs",2135000,"viewUrl","/Search/View?dp=1&key=2172215-b199ce7e79ae0a0bad73021a31f3074a&start=1764&end=2135","thumbnailUrl","https://assets.pipeline.soar.com/2172215-b199ce7e79ae0a0bad73021a31f3074a/thumbnail_1764000.jpg","articleUrl","/articles/6670617/Ventura-County/California/Oversight-board-approves-Ventura-plan-to-package-downtown-Site-7-parcels-and-begin-Surplus-Land-Act-process","mediaUrl","https://secure.pipeline.soar.com/6670617-69268736f4a8815206e854cd4de98e2e/orig.mp4?Expires=1771159903&Signature=Z1Piv7Mqs1guXiZ9ffH9jXpNqL1CqPk~SDngipTwKg~cz2UxSz-Hl0oGZr0ljtTe~fezxIPqpxyybihz~COl7srfSsdu2PD9zEYtz~vMMeJ7mgqu~juCheej8O5AF11FScFjBgRfSEBCYU2Jv3-RvY~cjPsDrfk-WB53zLqg3heRErD9xTbtGUyduJ8a-lvhBs67j4443Z31X-geguudjQk-f7PK75uF53NoSBhPaub2Ytf51RtjmDBSMjFWtezNt4DgAy0ym2W2MCGN3OLezaPvAy6zIB8z1T9E0A21kKx7BWzFM5NXTlszxQjh0yUFSUJzU3C4Qtf3yypnnVoYNg__&Key-Pair-Id=KUT5TJCACFTXG","author","Ventura County (Top 100)","date","2025-01-23T05:27:46.613Z","article","The Consolidated Oversight Board on Jan. 22 adopted the City of Ventura's Recognized Obligation Payment Schedule (ROPS) for 2025'26 and accepted an update to proceed with packaging the four downtown parcels known as Site 7 for disposition under the California Surplus Land Act (SLA), the board was told.

City of Ventura staff said the parcels include two successor agency APNs and two city-owned APNs located behind the downtown movie theater at Main Street bordered by Poli, Chestnut and California streets. The city currently uses the combined site for public parking.

The board was told staff will seek an updated appraisal for the two successor-agency APNs and for the combined four-APN package, then follow SLA procedures including notifying agencies that have registered with the California Department of Housing and Community Development (HCD). A tentative schedule presented to the board calls for appraisal and SLA-compliance work through May; HCD notifications and a public RFP listing in May'July; facilitation of a bid process July'August; selection of a bidder August'November; and negotiation with a selected entity through the third quarter of 2026.

City staff described a contingency if no acceptable bids are received: the city would extend parking leases and continue to use the lots for city parking while considering purchase of the successor-agency APNs.

Board members asked how appraisals would be prepared. A staff presenter said the draft appraisal was prepared on a commercial mixed-use basis but said staff would confirm whether additional valuations (for example, as a parking lot and as multifamily housing) should be obtained before finalizing the appraisal strategy.

The board voted to adopt the resolution to approve Ventura's ROPS and accept the Site 7 update; the motion passed 5-0.

Moving forward, staff said it will continue SLA compliance review, obtain updated-market valuations and return with further RFP and disposition details to the board as those steps proceed.

(Ending) The adoption authorizes staff to proceed with the appraisal and SLA-notification steps described; if the RFP process yields no viable bidders the city will retain parking use while considering acquisition of the successor-agency parcels.","mediaType","Video","parentTitle","Ventura County Consolidated Oversight Board Meeting - January 22, 2025","oneSentenceSummary","The Consolidated Oversight Board on Jan. 22 adopted the City of Ventura's Recognized Obligation Payment Schedule (ROPS) for 2025'26 and accepted an update to proceed with packaging the four downtown parcels known as Site 7 for disposition under the California Surplus Land Act (SLA).","taxTitle","Ventura County, California","taxId",3398,"location","headline","","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":78,"_43":79,"_45":80,"_47":81,"_49":82,"_51":83,"_53":84,"_55":56,"_57":58,"_59":85,"_61":62,"_63":64,"_65":86,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6670612,"Oversight board amends bylaws, approves ROPS items for Moorpark, Oxnard and Fillmore; Fillmore vote draws concern over admin costs",222,2527000,2749000,"/Search/View?dp=1&key=2172215-b199ce7e79ae0a0bad73021a31f3074a&start=2527&end=2749","https://assets.pipeline.soar.com/2172215-b199ce7e79ae0a0bad73021a31f3074a/thumbnail_2527000.jpg","/articles/6670612/Ventura-County/California/Oversight-board-amends-bylaws-approves-ROPS-items-for-Moorpark-Oxnard-and-Fillmore-Fillmore-vote-draws-concern-over-admin-costs","https://secure.pipeline.soar.com/6670612-b5816e23c64095be08b83dc0fb90df8d/orig.mp4?Expires=1771159903&Signature=bGG0NdGQq2TmxHE1r86SWtZjlsZMXOeGOqq9JG9Nzql3urUjwsgP3unmPcPbptlzIxtrjoGF-a8iieTKnaWtKmapTn3jZBxZb~rEZqJeuzYy9b7rnDOpm6j2HTX4O3w0HUs0hVpsqVvBXllyqIdA8y-zElL37cp4oFrVb~GqMW8m4OnjUwtakhsX2dz2~Rdo43QumO5qGnqwZi9BXBjsxZ2PqyyTBMMqz1WiSuLjyYjbM3GKOUsdt8iynjWSH6xjNkXfF5UDcT2uHMPB8Geth3s6YjHLbbBHqFAHHDE-ICG0Uqrso7-ccV7q6YwCeBOofE6TBOf9KanT9biGjW~oNA__&Key-Pair-Id=KUT5TJCACFTXG","The Consolidated Oversight Board on Jan. 22 voted to amend its bylaws and approved Recognized Obligation Payment Schedules (ROPS) or related transfer plans for Moorpark, Oxnard and Fillmore, adopting each item by recorded voice votes.

Bylaws: The board approved an amendment to its bylaws to update the meeting schedule (the boardroom will be dark in July) and to authorize appointing authorities to name one alternate per seat. Staff said the changes take effect only after the board's next meeting because the rules change will not be implemented until the subsequent meeting date; the motion to approve the bylaw amendment passed 5-0.

Moorpark: City staff reported they consulted with bond counsel and found no legal obstacles in the bond documents to transferring remaining property for governmental use. Staff said the city removed a $20,000 real-estate agent cost from its budget, increased legal costs by $5,000 and reduced staff time/administrative totals by $10,000, and that it plans additional legal work and analysis during fiscal year 2025'26 before returning to the oversight board; the board adopted Moorpark's item 5-0.

Oxnard: The City of Oxnard presented its ROPS for 2025'26 and highlighted that a bond will retire on Sept. 1, 2026, that project-management cost lines are being retired because the successor agency no longer holds real property, and that administrative costs dropped to $120,000 from $160,000 in the prior ROPS. Staff told the board they expect administrative costs to decline further as in-house finance staff complete prior-period adjustments; the board approved Oxnard's ROPS 5-0.

Fillmore: The board considered and approved the City of Fillmore's ROPS and administrative budget for 2025'26. Fillmore staff presented the same budget figures that had been before the board in October. One board member said they were not at the October meeting but recalled earlier concern about high administrative fees and said they expected more substantial reductions next year, reminding the city to limit amounts to successor-agency uses. Fillmore's motion passed with a single recorded no vote (tally recorded as 4'1).

Votes at a glance:
- Bylaws amendment (agenda item 10): passed 5-0.
- Moorpark ROPS / property transfer update (agenda item 13): passed 5-0.
- Oxnard ROPS 2025'26 (agenda item 14): passed 5-0.
- Fillmore ROPS and administrative budget (agenda item 15): passed (4 yes, 1 no).

(Ending) Board members asked staff from the cities to return with updated information and progress reports as appraisals, legal reviews and disposition steps proceed.","The Consolidated Oversight Board approved an amendment to its bylaws to reflect a July recess and to allow alternate appointees; it also approved ROPS and budget items for Moorpark, Oxnard and Fillmore. Fillmore's ROPS passed with one dissenting vote after board members pressed the city for deeper reductions in administrative costs.","actionData","errors"]

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Oversight board approves Ventura plan to package downtown 'Site 7' parcels and begin Surplus Land Act process

Oversight board amends bylaws, approves ROPS items for Moorpark, Oxnard and Fillmore; Fillmore vote draws concern over admin costs