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DATE: 4-9-02 <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 />Party's Neqotiator: <br /> <br />Location of Property: <br /> <br />Neqotiable Item: <br /> <br />Aqency's Neqotiator: <br /> <br />Gracai Corporation; Litchfield Advisors <br /> <br />William J. Hughes, Jr.; William J. Kenney, Jr. <br /> <br />3510 and 3530 Central Avenue <br />(Riverside Plaza) <br /> <br />Price, terms of payment <br /> <br />Robert C. Wales, Executive Director <br /> <br />A closed session will be held on April 9, 2002, for the purpose of giving instructions <br />to your negotiator regarding the price and terms of payment for the purchase, sale, <br />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)(l)(A)]. <br /> <br />Dated: April 3, 2002. <br /> <br />(~re~gory P. Priar~os J) <br />Interim Agency General Coi. u~el <br /> <br />2 <br /> <br /> <br />