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BOARD OF PUBLIC UTILITIES <br /> April 17, 2015 <br /> ITEM NO. 6 <br /> MEMORANDUM FROM INTERIM CITY ATTORNEY <br /> CONCERNING A CLOSED SESSION BEFORE <br /> THE BOARD OF PUBLIC UTILITIES OF THE CITY OF RIVERSIDE <br /> TO: Honorable Chairperson and Board Members <br /> FROM: Kristi J. Smith, Interim City Attorney <br /> SUBJECT: Closed Session - CONFERENCE WITH REAL PROPERTY <br /> NEGOTIATORS [Govemment Code §54956.8] <br /> Name of Party: NNN Mission Square, LLC <br /> Negotiator: Mike Smith / John Daciolas <br /> Location of Property: 3750 University Avenue <br /> APN: 215-370-001; 002; 003 and 004 <br /> Negotiable Item: Price, terms of payment <br /> City's Negotiator: Lee C. McDougal, Interim City Manager <br /> A closed session will be held on April 17, 2015, for the purpose of giving instruction to <br /> your negotiator regarding the price and terms of payment for the purchase, sale, <br /> exchange or lease of real property. [Govt. Code §54956.8] <br /> If the City Council's approval renders the agreement final concluding the real estate <br /> negotiations, the substance of said agreement and the approval thereof, including the <br /> vote or abstention of each member, shall be reported in open session at the public <br /> meeting during which the closed session is held. [Govt. Code §54957.1(a)(1)(A)] <br /> Any disclosure shall include the vote or abstention of each member. <br /> Dated: April 8, 2015 <br /> Prepared by: Kristi J. Smith <br /> Interim City Attorney <br />