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<br />DATE: 09-18-01 <br /> <br />ITEM ",n.: 6 <br /> <br />MEf\10RANDUM FROM THE GENERAL COUNSEL CONCERNING A CLOSED SLSSIOI\ <br />BEFORE THE REDEVELOPMENT AGENCY OF THE CITY OF RIVERSIDE <br /> <br />It): <br /> <br />Honorable Mayor and Members of the Redevelopment Agency <br /> <br />FROM: <br /> <br />Gregory P. Priamos. Interim General Counsel <br /> <br />Sl iBJECT: <br /> <br />Closed Session - Real Property Transaction ((Jo),<'I'mnenf Code ,\\5-1<)5687 <br /> <br />Name of Partv: <br />Partv's Negotiator: <br />I "ocation of Propertv: <br /> <br />Graeal Corporation <br />William 1. Hughes. .Ir. <br />3530 and 3510 Riverside Plaza <br />AI'N's: 225-160-001 and 225-160-()()3 <br />Price. terms of payment <br />Robert C. Wales. Executive Director <br /> <br />Negotiable Item: <br />Al!encv Negotiator: <br /> <br />;\ closed session wi [I be held on September 18. 200 I. for the purpose of giving instructions to vour <br />negotiator regarding the price and terms of payment for the purchase. sale. exchange or lease of real <br />property, ((jo\'1 ('ode ,\\5-1<)5687 <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 thcreof including the votc or <br />abstention of each member. shall be disclosed immediately following this closed session, ((jO)'1 <br />('ode .f5-1<)5-lIu)II)IAjf <br /> <br />Dated: September 12.2001. <br /> <br /> <br />~./ <br /> <br />. <br /> <br />\; 'j.l'~'..WI'd"I,,"',C()l""'\~l'll".v""I())A Itl' <br /> <br />6 <br />