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BOARD OF PUBLIC UTILITIES <br />CLOSED SESSION <br />ITEM NO. 23 <br />MEMORANDUM FROM THE INTERIM CITY ATTORNEY <br />CONCERNING A CLOSED SESSION BEFORE <br />THE BOARD OF PUBLIC UTILITIES OF THE CITY OF RIVERSIDE <br />TO: <br />FROM: <br />SUBJECT: <br />Honorable Chairperson and Board Members <br />Cristina L. Talley, Interim City Attorney <br />Closed Session — CONFERENCE WITH REAL PROPERTY NEGOTIATORS <br />[Government Code §54956.8] <br />Name of Party: <br />Party's Negotiator: <br />Location of Property: <br />Negotiable Item: <br />City's Negotiator: <br />NNN Mission Square, LLC, et al. <br />Mike Smith, Senior Asset Manager <br />Daymark Realty Properties, Inc. / Sovereign Capital <br />3750 University Avenue <br />APN: 215 -371 -001 <br />Price, terms of payment <br />Scott C. Barber, City Manager <br />A closed session will be held on October 3, 2014, 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 <br />real property. [Govt. Code §54956.8] <br />If the City Council's approval renders the agreement final concluding the real estate negotiations, <br />the substance of said agreement and the approval thereof, including the vote or abstention of <br />each member, shall be reported in open session at the public meeting during which the closed <br />session is held. [Govt. Code §54957.1(a)(1)(A)J <br />Dated: <br />Prepared by: <br />September 25, 2014 <br />Cristina L. Talley <br />Interim City Attorney <br />