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DATE: 1-11-00 <br />ITEM NO.: 6 <br />MEMORANDUM FROM THE GENERAL COUNSEL CONCERNING A CLOSED SESSION <br />BEFORE THE REDEVELOPMENT AGENCY OF THE CITY OF RIVERSIDE <br />TO <br />FROM <br />SUBJECT <br />Honorable Mayor and Members of the Redevelopment Agency <br />Stan T. Yamamoto, General Counsel <br />Closed Session - Real Property Transaction [Government Code §54956.8] <br />Name of Party/Negotiator: <br />Location of Propea: <br />Negotiable Item: <br />Party's Negotiator: <br />Agency Negotiator: <br />Corporate Realty Associates <br />1345 - 1433 University Avenue (Northerly side of <br />University Avenue, between Iowa and Cranford <br />Avenues); <br />3767 Iowa Avenue; and 1414 -1436 Seventh Street <br />Price, terms of payment <br />Peter Carr <br />Robert C. Wales, Executive Director <br />A closed session will be held on January 11, 2000, for the purpose of giving instructions to your <br />negotiator regarding the price and terms of payment for the purchase, sale, exchange or lease of real <br />property. [Govt. Code §54956.8] <br />If the Redevelopment Agency's approval renders the agreement final concluding the real estate <br />negotiations, the substance of said agreement and the approval thereof, including the vote or <br />abstention of each member, shall be disclosed immediately following this closed session. [Govt. <br />Code §54957.1(a) (]) (A)]. <br />Dated: January 5, 2000 <br />M <br />Stan T. Yamamoto <br />Agency General Counsel <br />G .LEGMPDATA•COLIRDA RP <br />