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Council holds first reading on surplus property conveyance to Community Improvement Corporation; resident questions CIC role
Summary
Council gave first reading to Ordinance 25‑0870 to convey several city parcels in the Springfield‑Harshman corridor to the Community Improvement Corporation (CIC) for economic development; the manager said a revenue‑sharing agreement exists and a resident voiced concerns about transferring city land to the CIC.
Riverside City Council conducted a first reading Sept. 2 of Ordinance 25‑0870, which would declare certain city parcels surplus and authorize conveyance of the parcels to the Community Improvement Corporation of Riverside (CIC) for economic development purposes. The ordinance was read by title and assigned for a second reading, public hearing and potential adoption at a later meeting.
The City Manager said the parcels identified are generally within the…
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