Development Committee

City of Riverside 3900 Main Street Riverside, CA 92522 (951) 826-5557 Development Committee Agenda Monday, October 3, 2016 1:00 PM City Hall - Art Pick Council Chamber MISSION STATEMENT The City of Riverside is committed to providing high quality municipal services to ensure a safe, inclusive, and livable community LISTENING ASSISTIVE DEVICES are available for the hearing impaired--please see City Clerk. The City of Riverside wishes to make all of its public meetings accessible to the public. Upon request, this agenda will be made available in appropriate alternative formats to persons with disabilities, as required by 42 U.S.C. §12132 of the Americans with Disabilities Act of 1990. Any person with a disability who requires a modification or accommodation in order to participate in a meeting should direct such request to the City's ADA Coordinator at (951) 826-5427 or TDD at (951) 826-5439 at least 72 hours before the meeting, if possible. Agenda related writings or documents provided to the Committee are available for public inspection in the Office of the City Clerk, at www.riversideca.gov, and in the binder located at the Concierge desk in the City Hall lobby while the meeting is in session. PLEASE NOTE--Individual audience participation is limited to 3 minutes 1 Negotiate Purchase and Sale Agreement with Dos Lagos Asset, LLC, for disposition of Public Parking Lot 27 for development of boutique hotel - 3398 Mission Inn Avenue - Direct submittal (Ward 1) Rafael Guzman, Community & Economic Development Director Attachments: Report Site Map Rendering Presentation City of Riverside Page 1 Printed on 9/21/2016 Development Committee Agenda October 3, 2016 2 Resolve ownership, operating, and outstanding debt of $585,150 issues with Path of Life Ministries for short-term emergency shelter - 2840 Hulen Place (Ward 1) Rafael Guzman, Community & Economic Development Director Attachments: Report Operating Agreement Amended Operating Agreement Deed of Trust Promissory Note Presentation 3 Oral communications from the audience - Please complete and submit a speaker card to the City Clerk 4 Items for future Development Committee consideration as requested by Members of the Committee ********* The next Development Committee meeting is scheduled for October 20, 2016, at 3 p.m., in the Art Pick Council Chamber Committee meetings broadcast with closed captioning available on AT&T Channel 99, Charter Spectrum Channel 3, and Frontier Cable Channel 21 For live Webcast of the Committee Meeting: http://riversideca.legistar.com/Calendar.aspx or visit our website at www.riversideca.gov City of Riverside Page 2 Printed on 9/21/2016