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Item 7. AGENDA STANISLAUS COUNTY SUCCESSOR AGENCY TO THE STANISLAUS COUNTY REDEVELOPMENT AGENCY 1010 10TH STREET, BASEMENT LEVEL, MODESTO May 3, 2022 9:00 A.M. A.CALL TO ORDERB.PUBLIC COMMENTC.CONSENT
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Local governments or agencies involved in the dissolution of redevelopment agencies.
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The Stanislaus County Successor Agency is an entity responsible for managing the assets and liabilities of former redevelopment agencies in Stanislaus County following the dissolution of those agencies in accordance with state law.
Entities that were part of former redevelopment agencies and now act as successor agencies are required to file with the Stanislaus County Successor Agency.
To fill out the Stanislaus County Successor Agency forms, one must provide detailed information about the agency's financial status, assets, liabilities, and any ongoing obligations or agreements.
The purpose of the Stanislaus County Successor Agency is to wind down the affairs of former redevelopment agencies, ensure the proper distribution of assets, and manage debts and obligations in compliance with state regulations.
The information that must be reported includes financial statements, budget details, asset inventories, outstanding debts, obligations of the former agency, and any changes in the agency's status or operations.
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