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DATE: 12-18-01 <br />ITEM NO.: 2 <br /> <br /> MEMORANDUM FROM THE GENERAL COUNSEL CONCERNING A CLOSED <br />SESSION 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 />Gregory P. Priamos, Interim Agency General Counsel <br /> <br />Closed Session - CONFERENCE WITH REAL PROPERTY NEGOTIATORS <br /> [Government Code § 54956. 8] <br /> <br />Name of Party: <br /> <br />Partv's Neqotiator: <br /> <br />Location of Property: <br /> <br />Neqotiable Item: <br /> <br />Aqencv's Neqotiator: <br /> <br />Gracal Corporation <br /> <br />William W. Hughes, Jr. <br /> <br />3530 and 3510 Riverside Plaza <br />APN: 225-160-001 and 225-160-003 <br /> <br />Price, terms of payment <br /> <br />Robert C. Wales, Executive Director <br /> <br />A closed session will be held on December 11, 2OO1, for the purpose of giving <br />instructions to your negotiator regarding the price and terms of payment for the <br />purchase, sale, exchange or lease of real property, [Govt. Code §54956.8] <br /> <br />If the Redevelopment Agency's approval renders the agreement final concluding the <br />real estate negotiations, the substance of said agreement and the approval thereof, <br />including the vote or abstention of each member, shall be disclosed immediately <br />following this closed session. [Govt. Code §54957. l(a)(1)(A)/. <br /> <br />Dated: December 4, 2001. <br /> <br /> g . Priamos <br />Interim Agency General Counsel <br /> <br />2 <br /> <br /> <br />