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<br />DATE: 09-4-01 <br /> <br />ITEM NO.: 6 <br /> <br />MEMORANDUM FROM THE GENERAL COUNSEL CONCERt"mu n. LL~~~~ ___ _. <br />BEFORE THE REDEVELOPMENT AGENCY OF THE CITY OF RIVERSIDE <br /> <br />TO: <br /> <br />Honorable Mayor and Members of the Redevelopment Agency <br /> <br />FROM: <br /> <br />Stan T. Yamamoto, General Counsel <br /> <br />SUBJECT: Closed Session - Real Property Transaction [Government Code Section 54956.8] <br /> <br />Negotiable Item: <br />Agency Negotiator: <br /> <br />Gracal Corporation <br />William W. Hughes, Jr. <br />3530 and 3510 Riverside Plaza <br />APN's 225-]60-00] and 225-]60-003 <br />Price, terms of payment <br />Robert C. Wales, Executive Director <br /> <br />Name of Party: <br />Party's Negotiator: <br />Location of Property: <br /> <br />A closed session will be held on September 4, 200 I, for the purpose of giving instructions to <br />your negotiator regarding the price and terms of payment for the purchase, sale, exchange or <br />lease of real property. [Gov't. Code 954956.8] <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. [Gov't. <br />Code 954957.1 (a) (I) (A)] <br /> <br />Dated: August 23, 2001 <br /> <br />~~CI <br /> <br />J!-- <br /> <br />Gregory P. Priamos <br />Interim Agency General Counsel <br /> <br />cc: Executive Director <br /> <br />6 <br />