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<br />MEMORANDUM FROM THE CITY ATTORNEY <br />CONCERNING A CLOSED SESSION BEFORE THE <br />CITY OF REDWOOD CITY, CHAIR AND REDEVELOPMENT AGENCY BOARD <br /> <br />TO: Chair and Redevelopment Agency Board <br /> <br />FROM: Stan T. Yamamoto, City Attorney <br />SUBJECT: Closed Session - Real Property [Gov't. Code 954956.8] <br /> <br />Conference with Real Property Negotiators <br /> <br />Property: <br /> <br />APN 052-365-080 and 052-365-100 <br />2114-2116 Broadway Partners <br /> <br />APN 052-365-090 <br />Michael J. Monte & John Anagnostou <br /> <br />Owner of Record: Broadway Partners <br />Michael J. Monte & John Anagnostou <br /> <br />Agency Negotiator: Susan Moeller, Redevelopment Advisor <br />Peter Ingram, Executive Director <br /> <br />Under Negotiation: Price and terms of payment <br /> <br />A closed session will be held on October 19, 2009, at 5:45 p.m., for the purpose of giving <br />instructions to your negotiator regarding the price and terms of payment for the purchase, sale, <br />exchange or lease of real property. [Gov't. Code 954957.8J <br /> <br />If the City Council renders the agreement final, they shall report that approval and the substance <br />of the agreement in open session at the public meeting during which the closed session is held. <br />[Gov't Code ~54957.1(A)J <br /> <br />If final approval rests with the other party to the negotiations, the City shall disclose the fact of <br />that approval and the substance of the agreement upon inquiry by any person, as soon as the <br />other party or its agent has informed the City of its approval. [Gov't. Code 954957. 1 (B)] <br /> <br />~~ I <br />Au-) ~. ,{H(Jf- <br /> <br />StanT. Ya~moto/ <br />City AttornZ-/ <br /> <br />Dated: October 19,2009 <br />