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12-13-2011 CC RPT 06a
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12-13-2011 CC RA HA AGENDA
(Superseded by)
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\City Council Agendas\2010-2019\2011
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Date: 12 -13 -2011 <br />Item No.: 6a <br />MEMORANDUM FROM THE CITY ATTORNEY /GENERAL COUNSEL CONCERNING <br />A CLOSED SESSION BEFORE THE CITY COUNCIL /REDEVELOPMENT AGENCY <br />OF THE CITY OF RIVERSIDE <br />TO: Honorable Mayor and Members of the City Council /Redevelopment Agency <br />FROM: Gregory P. Priamos, City Attorney /General Counsel <br />SUBJECT: Closed Session - Existing Litigation [Government Code §54956.9(a)] <br />Name of Case(s): City of Riverside, et al. v. Bank of America, N.A., et al <br />USDC Case No. EDCV09 -08284 SJD <br />In re Municipal Derivatives Antitrust Litigation MDL No. <br />1950; Master Civil Action No. 08 -2516 (S.D.N.Y.) <br />A closed session will be held on December 13, 2011, for the purpose of conferring with <br />and /or receiving advice from your legal counsel concerning litigation which has been <br />formally initiated to which the City of Riverside /Agency is a party. [Government Code <br />§54956.9(a)] <br />The City Attorney /General Counsel will provide you with a status report on this particular <br />case. <br />If the City Council /Redevelopment Agency authorizes the City Attorney /General Counsel to <br />defend, or seek or refrain from seeking appellate review or relief, the parties and substance <br />of the litigation shall be reported in open session at the public meeting during which the <br />closed session is held. If the City Council /Redevelopment Agency authorizes initiation or <br />intervention, such authorization shall also be reported and the public advised that the <br />action, defendants and other particulars may be disclosed upon request after the action is <br />formally commenced. (Government Code §54957.1(a)(2)] <br />If the City Council /Redevelopment Agency accepts a settlement offer signed by the <br />opposing party, the substance of the settlement shall be reported at the public meeting <br />during which the closed session is held. [Government Code §54957.1(a)(3)(A)] <br />Any disclosures shall include the vote or abstention of each member. <br />Dated: December 8, 2011 <br />Prepared by: Gregory P. Priamos <br />City Attorney /General Counsel <br />O: \Cycom \WPDocs \D008 \P012 \00107187. doc <br />• . <br />
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