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CRA/LA, A DESIGNATED LOCAL AUTHORITY
(Successor Agency to The Community Redevelopment Agency of the City of Los Angeles, CA)4MEMORANDUM
DATE:APRIL 6, 2018TO:GOVERNING BOARDROOM:STEVE VALENZUELA, CHIEF
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Who needs successor agency to form?
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Successor agency to form is needed by individuals or organizations who are taking over the responsibilities and assets of a former redevelopment agency.
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This form is typically required by government entities or appointed officials involved in the dissolution or winding down of a redevelopment agency.
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It is important for those individuals or organizations to accurately complete this form to ensure proper transfer of assets, responsibilities, and compliance with legal requirements.
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What is successor agency to form?
Successor agency to form is an entity established to fulfill the obligations of a dissolved redevelopment agency.
Who is required to file successor agency to form?
The local oversight board is required to file successor agency to form.
How to fill out successor agency to form?
To fill out successor agency to form, the local oversight board must provide all necessary information about the dissolved redevelopment agency, its obligations, and the plans for fulfilling those obligations.
What is the purpose of successor agency to form?
The purpose of successor agency to form is to ensure that the obligations of a dissolved redevelopment agency are properly managed and fulfilled.
What information must be reported on successor agency to form?
The successor agency to form must report information about the debts, obligations, and assets of the dissolved redevelopment agency, as well as the plans for managing and fulfilling those obligations.
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