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<br />RESOLUTION NO. 699 <br /> <br />2 <br /> <br />A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF <br />RIVERSIDE, CALIFORNIA, TRANSFERRING THE RESPONSIBILITY TO MANAGE <br />AND OPERATE THE MUNICIPAL PARKING FACILITIES AND ASSIGNING ALL <br />RELA TED GROt IND LEASES TO THE CITY OF RIVERSIDE. <br /> <br />3 <br /> <br />4 <br /> <br />5 WHEREAS, by written agreement dated June 21, 1994, the City of Riverside delegated to the <br /> <br />6 Redevelopment Agency of the City of Riverside ("Agency") the responsibility to manage and operate <br /> <br />7 certain downtown Municipal Parking Facilities. including the right to set hours of operation and fees <br /> <br />8 and charges ("Agreement"); <br /> <br />9 WHEREAS, on December 18,2001, the City Council approved the reorganization of the City <br /> <br />10 of Riverside public parking operation declaring that the City of Riverside ("City") will assume the <br /> <br />II responsibility to manage and operate the Municipal Parking Facilities and directing all necessary <br /> <br />12 documents to bc prepared and processed in ordcr to effcct this shi ft of responsibility [rom Agency to <br /> <br />13 City; <br /> <br />14 WHEREAS, on May 21,2002 the Agreement was assi!,'11ed to the City of Riverside to resume <br /> <br />15 the responsibility to manage and operate the Municipal Parking Facilities including the right to set <br /> <br />16 hours of opcration and fees and chargcs; and <br /> <br />17 WH EREAS, all existing related ground leases havc been executed by the Agency and in <br /> <br />18 furtherance of transferring thc management of the downtown parking facilities to City must bc <br /> <br />19 assigned to City by resolution. <br /> <br />20 NOW, THEREFORE, BE IT RESOLVED by the Redcvclopment Agency of the City o[ <br /> <br />21 Riverside, Califomia, as follows; <br /> <br />22 Seclion 1: That the following parking lots and garagcs are hereby designated as Municipal <br /> <br />23 Parking Facilities to be managed and operated by the City of Riverside: <br /> <br />24 <br /> <br />Municipal <br />Parking Facility <br /> <br />Location <br /> <br />25 <br /> <br />Parking Lot I <br /> <br />Southerly side of Sixth Street between Orange and Lemon Streets <br /> <br />26 <br /> <br />Parking Lot 3 <br /> <br />Southerly side of Tenth Street between Almond and Market <br />Streets <br /> <br />27 <br /> <br />Cit\' AUornc\"s Office <br />3900 'bin Sin>l.'t <br />Ri\,.'rrside, (',\ 92522 <br />(909) R26-S567 <br />