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DATE: 6-7-00 <br />ITEM NO.: 10 <br /> <br />MEMORANDUM FROM THE GENERAL COUNSEL CONCERNING A CLOSED SESSION <br /> BEFORE THE REDEVELOPMENT AGENCY OF THE CITY OF RIVERSIDE <br /> <br />TO: <br /> <br />FROM: <br /> <br />SUBJECT: <br /> <br />Honorable Mayor and Members of the Redevelopment Agency <br /> <br />Stan T. Yamamoto, General Counsel <br /> <br />Closed Session - Real Property Transaction [Government Code 3~54956. 8] <br /> <br />Name of Party/Negotiator: <br /> <br />Partv's Negotiator: <br />Location of Property: <br />Negotiable Item: <br />Agency Negotiator: <br /> <br />Thomas Safran & Associates <br />(Goldware Senior Apartment Project) <br />David Ferguson, Principal <br />5271 Sierra Avenue <br />Price, terms of payment <br />Robert C. Wales, Executive Director <br /> <br />A closed session will be held on June 6, 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 /> <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 ~5495 7. 1 (a) (i) (A)]. <br /> <br />Dated: May 26, 2000 <br /> <br />Agency General Counsel <br /> <br />G:\Leg\Wpdata\CO13XRDAII_P <br /> <br />10 <br /> <br /> <br />