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I I I 1 RESOLUTION NO. 785 A RESOLUTION OF THE REDEVELOPMENT AGENCY FOR 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 2 3 4 5 WHEREAS, the Secretary for the Redevelopment Agency for the City of Riverside ("Agency") 6 duly noticed the Agency's intention to adopt a Resolution of Necessity pursuant to California Code of 7 Civil Procedure 9 1245.235 to acquire certain interests in real property by eminent domain for 8 assemblage and redevelopment purposes ("Project"); and 9 WHEREAS, a public hearing was held by the Agency on April 18, 2006, at the time and place 10 stated in the Notice of Intention to Adopt Resolution of Necessity, at which time the Agency duly II considered the matters to be heard; and 12 NOW, THEREFORE, BE IT FOUND, RESOLVED, DETERMINED AND ORDERED by the 13 Redevelopment Agency for the City of Riverside, California, by a vote of not less than two-thirds of 14 its members, as follows: 15 I. The real property interests sought to be acquired are located within the Magnolia Center 16 Redevelopment Project Area ("Project Area") in the City and County of Riverside, State of Cali fomi a 17 and are legally described in the attached Exhibit "A." The interest to be acquired herein is a fee simple 18 absolute. A parcel map depicting the general location and dimensions ofthe interest to be acquired is 19 attached hereto as Exhibit "B." Exhibits "A" and "B" are incorporated herein by this reference ("Subject 20 Property"). 21 2. The Agency is authorized to acquire the Subject Property by exercise of the right of eminent 22 domain pursuant to the California Redevelopment Law (Part 1 of Division 24, Health & Saf. Code) 23 including without limitation, Health and Safety Code 9 33391(b); the Eminent Domain Law, 24 commencing with California Code of Civil Procedure 9 1235.010; Article I Section 19 of the 25 Constitution of the State of California; and the United States Constitution. 26 3. Facts in support of findings contained in staff's report to Agency dated April 18, 2006, are 27 hereby adopted and incorporated herein by this reference.