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AGENDA
REGULAR JOINT MEETING
***CLAYTON CITY COUNCIL
and
CLAYTON SUCCESSOR AGENCY
***Tuesday, January 16, 20247:00 p.m.
*** NOTICE ***Members of the public will be able to participate either unperson
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What is successor agency - city?
A successor agency - city is an entity created to wind down the affairs and obligations of a former redevelopment agency after its dissolution. It takes over the assets, liabilities, and responsibilities of the former agency.
Who is required to file successor agency - city?
The successor agency itself is required to file the necessary documents, typically under the direction of a designated officer or administrative staff responsible for compliance and reporting.
How to fill out successor agency - city?
To fill out the successor agency - city forms, gather necessary financial information, complete required sections outlining assets, liabilities, and any outstanding obligations, and ensure all disclosures are accurate before submission.
What is the purpose of successor agency - city?
The purpose of the successor agency - city is to ensure the proper unwinding of the former redevelopment agency functions, managing its assets and debts, while facilitating the continuation of any ongoing projects or obligations.
What information must be reported on successor agency - city?
Information that must be reported includes financial statements, details of outstanding obligations, revenues, expenditures, and any property held by the agency, as well as progress on winding down activities.
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