MEMORANDUM FROM THE CITY ATTORNEY CONCERNING A CLOSED SESSION
BEFORE THE CITY COUNCIL OF THE CITY OF RIVERSIDE
TO: Honorable Mayor and Members of the City Council
FROM: Jack Liu, Interim City Attorney
SUBJECT: Closed Session - CONFERENCE WITH REAL PROPERTY NEGOTIATORS [Government Code §54956.8] Name of Party: Lamar Advertising Company
Party’s Negotiator: C. Todd Porter
Location of Property: Freeway signs at: 91 Fwy at Marketplace, 215/60 Fwy at Watkins; Arterial signs at: 14th St. & Vine, Indiana & Madison, Arlington & Indiana, La Sierra & Hole, Tyler & Diana, Van Buren & Indiana Under Negotiations: Price and terms for lease negotiations City’s Negotiator: Charles M. Futrell, City Manager
A closed session will be held on March 4, 2025, for the purpose of giving instructions and granting authority to your negotiator regarding the price and terms of payment for the purchase, sale, exchange, or lease of real property. [Govt. Code §54956.8] If the City Council’s approval renders the agreement final concluding the real estate negotiations, the approval and the substance of the agreement, including the vote or abstention of each member, shall be reported in open session at the public meeting during which the closed session is held. [Govt. Code §54957.1(a)(1)(A)].
Dated: DATE \@ "MMMM d, yyyy" February 20, 2025
Prepared By: Jack Liu
Interim City Attorney
Rev Date: 8/8/22