Redevelopment Dissolution

Redevelopment Dissolution
The adoption of ABx1 26 effectively ended redevelopment in California for the time being.  Following the requirements established in ABx1 26 and its trailer bill AB 1484, Successor Agencies must prepare for the dissolution of their redevelopment agencies (RDAs) and the disposition of redevelopment agency assets.  Kosmont Companies is currently assisting Successor Agencies with dissolution and disposition strategy, and with a 26 year track record of successfully advising municipalities on property/asset management and disposition, Kosmont has the expertise and industry contacts to maximize economic development in connection with  the long-range Property Management Plans that are required as part of AB 1484.

For additional information on the redevelopment dissolution process and the full text of ABx1 26 and AB 1484, please visit: The California Department of Finance →

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