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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 City Attorney's Office 3900 Main Street Riverside, CA 92522 (909) 826-5567 RESOLUTION NO. 704 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF RIVERSIDE, CALIFORNIA, FINDING AND DETERMINING THE PUBLIC INTEREST AND NECESSITY FOR ACQUIRING AND AUTHORIZING THE CONDEMNATION OF CERTAIN INTERESTS IN CERTAIN REAL PROPERTY LOCATED WITHIN THE MAGNOLIA CENTER REDEVELOPMENT PROJECT AREA WHEREAS, the Agency Secretary for the Redevelopment Agency of the City of Riverside ("Agency") duly noticed the Agency's intention to adopt a Resolution of Necessity pursuant to California Code of Civil Procedure section 1245.235 for the purpose of acquiring certain interests in real property by eminent domain for the Riverside Plaza Redevelopment Project ("Project"); and WHEREAS, a public hearing was held by the Agency on November 12, 2002, at the time and place stated in the Notice of Intention to Adopt Resolution of Necessity, at which time the Agency duly considered the matters to be heard; and NOW, THEREFORE, BE IT FOUND, RESOLVED, DETERMINED AND ORDERED by the Redevelopment Agency for the City of Riverside, California, by a vote of not less than two- thirds of its members, as follows: 1. The real property interests sought to be acquired are located within the Magnolia Center Redevelopment Project area in the City and County of Riverside, State of California and are legally described in the attached Exhibit "A". The interest to be acquired herein is a leased fee. Parcel maps depicting the general location and dimensions of the interests to be acquired are attached hereto as Exhibit "B". Exhibits "A" and "B" are incorporated herein by this reference ("Subject Property"). 2. The Agency is authorized to acquire the Subject Property by exercise of the right of eminent domain pursuant to the California Redevelopment Law (Part 1 of Division 24, Health and Safety Code) including without limitation, Health and Safety Code section 33391(b); The Eminent Domain Law, commencing with California Code of Civil Procedure section 1235.010; Article I Section 19 of the Constitution of the State of California; and the United States Constitution.