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ÓÛÛÌ×ÒÙ ÜßÌÛæ éóïìóðç <br />×ÌÛÓ ÒÑòæ ë <br /> MEMORANDUM FROM THE GENERAL COUNSEL CONCERNING A CLOSED <br /> SESSION BEFORE THE REDEVELOPMENT AGENCY OF THE CITY OF RIVERSIDE <br />TO: Honorable Mayor and Members of the Redevelopment Agency <br />FROM: Gregory P. Priamos, Agency General Counsel <br />SUBJECT: Closed Session - CONFERENCE WITH REAL PROPERTY NEGOTIATORS <br /> [Government Code §54956.8] <br />Name of Party: World Premier Investments-WPI University G, LLC <br />and WPI-University N, LLC <br /> Party’s Negotiators : John Young <br /> Location of Property : 1765, 1715, and 1725 University Avenue <br /> APNs: 211-183- 020, 211-183-025, 211-183-021, <br />Negotiable Item: Price, terms of payment <br />Agency’s Negotiator: Bradley J. Hudson, Executive Director <br /> <br />A closed session will be held on July 14, 2009, for the purpose of giving instructions to your <br />negotiator regarding the price and terms of payment for the purchase, sale, exchange or <br />lease of real property. <br />[Govt. Code §54956.8] <br />If the Redevelopment Agency’s approval renders the agreement final concluding the real <br />estate negotiations, the substance of said agreement and the approval thereof, including <br />the vote or abstention of each member, s hall be reported in open session at the public <br />meeting during which the closed session is held. <br />[Govt. Code §54957.1(a)(1)(A)]. <br />Dated: July 6, 2009 <br />Prepared By: Gregory P. Priamos <br /> Agency General Counsel <br />ë <br />