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This article proposes an efficient implementation of the Farrow (1988) structure using sum-of-powers-of-two (SOPOT) coefficients and multiplier-block (MB). In particular, a novel algorithm for designing the Farrow coefficients in SOPOT form is detailed. Using the SOPOT coefficient representation, coefficient multiplication can be implemented with limited number of shifts and additions. Using MB, the redundancy between multipliers can be fully exploited through the reuse of the intermediate results generated. Design examples show that the proposed method can greatly reduce the complexity of the Farrow structure while providing comparable phase and amplitude responses.