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DATE: 06-5-01 <br />ITEM NO.: 11 <br /> <br /> MEMORANDUM FROM THE GENERAL COUNSEL <br /> 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 Pa~v(s): <br />Partv's Negotiator: <br />Location of Property: <br /> <br />Neootiable Item: <br />A~encv Negotiator: <br /> <br />Litch~eld Advisors; Gracal and Hughes <br />Bill Kenney; Bill Hughes <br />3510, 3520, 3530, 3531 and 3545 Central Avenue <br />Riverside Plaza (2 parcels) <br />Price, terms of payment <br />Robert C. Wales, Executive Director <br /> <br />A closed session will be held on June 5, 200!, 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 3~54956.8J <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 ff54957. 1 (a,)(i)(d.)]. <br /> <br />Dated: May 29, 2001. <br /> <br />11 <br /> <br /> <br />