The California controller's office determined in a review that the successor agency to Riverside's redevelopment agency is not only in current possession of $30.5 million in real property that it is no longer legally entitled to hold, but that it inappropriately transferred another $64.25 million in real property to the city.

The controller's office and Department of Finance are conducting reviews of each of the state's dissolved redevelopment agencies as they go through the wind-down process following the abolition of redevelopment in early 2012.

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