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<br /> 1 RESOLUTION NO. 793 <br /> I 2 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY <br /> OF RIVERSIDE, CALIFORNIA, FINDING AND DETERMINING THE <br /> 3 PUBLIC INTEREST AND NECESSITY FOR ACQUIRING AND <br /> AUTHORIZING THE CONDEMNATION OF CERTAIN INTERESTS IN <br /> 4 CERTAIN REAL PROPERTY LOCATED WITHIN THE DOWNTOWN/ <br /> AIRPORT REDEVELOPMENT PROJECT AREA. <br /> 5 <br /> 6 WHEREAS, the Secretary for the Redevelopment Agency of the City of Riverside <br /> 7 ("Agency") duly noticed the Agency's intention to adopt a resolution of necessity pursuant to <br /> 8 California Code of Civil Procedure S 1245.235 to acquire certain interests in real property by <br /> 9 eminent domain for the purpose described as consolidation of ownership for redevelopment <br /> 10 purposes ("Project"); and <br /> 11 WHEREAS, a public hearing was held by the Agency on August 8, 2006, at the time and <br /> 12 place stated in the Notice of Intention to Adopt Resolution of Necessity, at which time the <br /> 13 Agency duly considered the matters to be heard; and <br /> I 14 NOW, THEREFORE, BE IT FOUND, RESOLVED, DETERMINED, AND ORDERED <br /> 15 by the Redevelopment Agency of the City of Riverside, California, by a vote of not less than two- <br /> 16 thirds of its members, as follows: <br /> 17 1. The real property interests sought to be acquired are located within the <br /> 18 Downtown/Airport Industrial Redevelopment Project Area ("Project Area") in the City and <br /> 19 County of Riverside, State of California, and are legally described in the attached Exhibit 'A.' <br /> 20 The interest to be acquired herein is leasehold estate. A parcel map depicting the general location <br /> 21 and dimensions of the interest to be acquired is attached hereto as Exhibit 'B.' Exhibits 'A' and <br /> 22 'B' are incorporated herein by this reference ("Subject Property"). <br /> 23 2. The Agency is authorized to acquire the Subject Property by exercise of the right <br /> 24 of eminent domain pursuant to the California Redevelopment Law (Part 1 of Division 24, Health <br /> 25 & Safety Code), including without limitation Health & Safety Code S 33391(b), the Eminent <br /> I 26 Domain Law commencing with California Code of Civil Procedure S 1235.010, Article I Section <br /> 27 19 of the Constitution of the State of California, and the United States Constitution, <br /> 28 <br /> I <br />