SB 107, once more, requires Successor Agency staff and others involved in the unwind of dissolved redevelopment agencies to learn and implement significant changes to the dissolution process.

The attached memorandum identifies the key elements of the legislation and its impacts on the redevelopment unwind process and identifies major implementation deadlines introduced with the adoption of SB 107.

Please feel free to contact Lynn Hutchins, Karen Tiedemann, Thomas Webber or Rafael Yaquian at Goldfarb & Lipman for more information regarding the effects of this new legislation and its applicability to your organization or projects.