REDEVELOPMENT AGENCY DISSOLUTION: A ONE-TIME OPPORTUNITY TO STRATEGICALLY INVEST IN CALIFORNIA REAL ESTATE
Doug Praw Partner, GOODWIN PROCTER LLP
Larry Kosmont President & CEO, KOSMONT COMPANIES
Stephen Heaney Managing Director, STIFEL
This roundtable provides an overview of the latest in the redevelopment agency saga. After a successor agency obtains its Finding of Completion, it is required to put together Long Term Property Management Plans that set forth the disposition of each property owned by the successor agency. The PMPs discuss those properties that will be retained by the successor agency for governmental purposes and those that are to be sold in the open market. This distinguished panel will discuss the opportunities presented by the PMPs along with the associated challenges.