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<br />DATE: 5-7-02 <br /> <br />, <br />; <br /> <br />ITEM NO.: 5 <br />MEMORANDUM FROM THE GENERAL COUNSEL CONCERNING A CLOSED SESSION <br />BEFORE THE REDEVELOPMENT AGENCY OF THE CITY OF RIVERSIDE <br /> <br />TO: Honorable Mayor and Members of the Redevelopment Agency <br /> <br />FROM: Gregory P. Priamos, Interim Agency General Counsel <br /> <br />SUBJECT: Closed Session - CONFERENCE WITH REAL PROPERTY NEGOTIATORS <br />[Government Code &54956.8] <br /> <br />Name of Partv/Neqotiator: <br /> <br />Donald S. Stalder, John D. Bippart and Alger J._Fast <br />(now deceased) as trustees of the S.F.&B. Trust <br />dated June 26,1984 <br /> <br />Location of Propertv: <br /> <br />Stalder Building, 3650 Market Street (also having <br />addresses of 3757-3789 Mission Inn Avenue and <br />3660-3666 Market Street) <br /> <br />Neqotiable Item: <br />Aqencv Neqotiator: <br /> <br />Price, terms of payment <br />Robert C. Wales, Executive Director <br /> <br />A closed session will be held on May 7, 2002, 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 /> <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. [Govt. <br />Code &54957. 1 (a)(1)(A)]. <br /> <br />Dated: April 26, 2002 <br /> <br /> <br />~/ <br /> <br />. <br /> <br />- <br /> <br />G,\DEV\NEWAGENDA\2002 AGENCY AGENDASIAGENDA 05_07_02\STALDER.CLOSED SESSION.DOC <br /> <br />5 <br />