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Title:
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A Resolution of the City Council of the City of Riverside, California, as the Successor Agency to the Redevelopment Agency of the City of Riverside, approving two Purchase, Sale, and Development Agreements with Praxis Development Group, LLC., for the sale and development of the properties located at 3870 Ottawa Avenue, identified as Assessor's Parcel Number 221-061-002, for $198,900 and 1910 University Avenue, identified as Assessor’s Parcel Number 221-052-002, for $251,100 for development of housing and for mixed-use projects - Waive further reading - Recommend Oversight Board adopt a resolution authorizing execution of Purchase, Sale, and Development Agreements with Praxis Development Group, LLC., in accordance with State Department of Finance (Ward 2)
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Indexes:
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CCT – Community Trust, CCT – Equity, CCT – Fiscal Responsibility, CCT – Innovation, CCT – Sustainability & Resiliency, SP 2 – Community Well-Being, SP 3 – Economic Opportunity, Strategic Goal 2.1, Strategic Goal 3.3, Ward 2
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