  We present observations obtained with the Advanced Camera for Surveys on
board the Hubble Space Telescope of the "fossil" starburst region B in the
nearby starburst galaxy M82. By comparing UBVI photometry with models, we
derive ages and extinctions for 35 U-band selected star clusters. We find that
the peak epoch of cluster formation occurred ~ 150 Myr ago, in contrast to
earlier work that found a peak formation age of 1.1 Gyr. The difference is most
likely due to our inclusion of U-band data, which are essential for accurate
age determinations of young cluster populations. We further show that the
previously reported turnover in the cluster luminosity function is probably due
to the neglect of the effect of extended sources on the detection limit. The
much younger cluster ages we derive clarifies the evolution of the M82
starburst. The M82-B age distribution now overlaps with the ages of: the
nuclear starburst; clusters formed on the opposite side of the disk; and the
last encounter with M81, some 220 Myr ago.
