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DATE: 5-14-02 <br /> <br /> ITEM NO.: 3 <br /> <br />MEMORANDUM FROM THE GENERAL COUNSEL CONCERNING A CLOSED SESSION <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 />Gregory P. Priamos, Interim Agency General Counsel <br /> <br />SUBJECT: <br /> <br />Closed Session - CONFERENCE WITH REAL PROPERTY NEGOTIATORS <br /> [Government Code )'54956. 8] <br /> <br />Name of Party: <br />Part,/'s Negotiator: <br />Location of Property: <br /> <br />Negotiable Item: <br />Agency Negotiator: <br /> <br />University Village LLC <br />Michael Keele <br />University Village Center <br />Northeast comer of University and Iowa Avenues <br />Price, terms of payment <br />Robert C. Wales, Executive Director <br /> <br />A closed session will be held on May 14, 2002, for the puIpose of giving instructions to your <br />negotiator regarding the price and terms of payment for the purchase, sale, exchange or lease of real <br />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 />(_'ode ,~'5495 7. l (a)( I )(A)]. <br /> <br />Dated: May 7, 2002 <br /> <br />.'Gregory P. Priamos ,~ <br />Interim Agency General Coup, s~l <br /> <br />3 <br /> <br /> <br />