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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />?R <br />RESOLUTION NO. 43 <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RIVERSIDE, <br />CALIFORNIA, AS SUCCESSOR AGENCY TO THE REDEVELOPMENT <br />AGENCY OF THE CITY OF RIVERSIDE PURSUANT TO AB 1486 <br />DECLARING AS SURPLUS SEVEN (7) SUCCESSOR AGENCY -OWNED <br />PROPERTIES LOCATED IN RIVERSIDE, CALIFORNIA. <br />WHEREAS, pursuant to Resolution No. 22322, adopted by the City Council of the City of <br />Riverside ("City") on January 10, 2012, the City of Riverside agreed to serve as the Successor Agency <br />("Successor Agency") to the Redevelopment Agency of the City of Riverside ("Redevelopment <br />Agency") commencing upon dissolution of the Redevelopment Agency on February 1, 2012 pursuant <br />to Assembly Bill xl 26 ("AB 26"); and <br />WHEREAS, Health and Safety Code Section 34177(e) provides that a successor agency is <br />required to dispose of properties of the former redevelopment agency expeditiously and in a manner <br />aimed at maximizing value; and <br />WHEREAS, pursuant to AB 1484 and Health and Safety Code Section 34191.5(c)(2), the <br />Successor Agency prepared a Long -Range Property Management Plan dated February 25, 2014, for <br />the disposition of the former Redevelopment Agency properties; and <br />WHEREAS, on March 6, 2014, the Department of Finance approved the Successor Agency <br />Long -Range Property Management Plan; and <br />WHEREAS, effective January 1, 2020, AB 1486 expanded the Surplus Land Act to include <br />Successor Agency as a entity subject to the disposition provision; and <br />WHEREAS, the Successor Agency desires to declare as surplus property seven (7) properties <br />located in the City of Riverside, California, and listed in Exhibit "A," attached hereto and incorporated <br />herein by reference. <br />NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Riverside, <br />California, as the Successor Agency to the Redevelopment Agency of the City of Riverside, as follows: <br />Section 1. The above recitals are incorporated herein as if set forth herein in full. <br />Section 2. The Successor Agency owned properties located in the City of Riverside, <br />California, and described in Exhibit "A," attached hereto and incorporated herein by reference <br />