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Property: 50 Chemical Way, Redwood City, CA <br /> APN: 052 - 392 -210 & 052 - 392 -270 <br /> Owner of Record: Las Cruces Holdings, LLC <br /> City Negotiator: Robert B. Bell, Interim City Manager <br /> Under Negotiation: Price and terms of payment <br /> Property: 70 Chemical Way, Redwood City, CA <br /> APN: 052 - 392 -200 <br /> Owner of Record: Kona Ventures, LLC <br /> City Negotiator: Robert B. Bell, Interim City Manager <br /> Under Negotiation: Price and terms of payment <br /> Property: 80 Chemical Way, Redwood City, CA <br /> APN: 052 - 392 -190 <br /> Owner of Record: Schrader Leask Development, Inc. <br /> City Negotiator: Robert B. Bell, Interim City Manager <br /> Under Negotiation: Price and terms of payment <br /> If the City Council renders the agreement final, they shall report that approval and the <br /> substance of the agreement in open session at the public meeting during which the <br /> closed session is held. [Gov't Code §54957.1(A)] <br /> If final approval rests with the other party to the negotiations, the City shall disclose the <br /> fact of that approval and the substance of the agreement upon inquiry by any person, as <br /> soon as the other party or its agent has informed the City of its approval. [Gov't. Code <br /> §54957.1(B)] <br /> 5. RECONVENE IN OPEN SESSION <br /> 6. ADJOURNMENT <br /> JOINT CITY COUNCIL /REDEVELOPMENT AGENCY BOARD CLOSED December 21, 2010 <br /> SESSION AGENDA PAGE 2 <br />