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Title:
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A Resolution of the City Council of the City of Riverside, California, as Successor Agency to the Redevelopment Agency of the City of Riverside Approving a Purchase, Sale, and Development Agreement with R. C. Hobbs Company, Inc. for the Sale of 0.945 Acres of Successor Agency-Owned Vacant Land, Identified as Assessor Parcel Numbers 146-231-016, -017, -027, -031, -032, -033, -034, and -036, located on the Southeast Corner of Hole and Bushnell Avenues, Riverside, California, for the Development of a 33-unit, with 15 percent Affordable Multi-Family Residential Project for Sale Amount of $560,000 - Waive further reading - Recommend Countywide Oversight Board adopt a Board resolution authorizing the execution of Agreement with R. C. Hobbs for sale of property in accordance with California Department of Finance approved Long-Range Property Management Plan (State Approved LRPMP), to be presented to Countywide Oversight Board for final consideration and approval (Ward 7)
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