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LIVESCAN N MORE - 2011
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LIVESCAN N MORE - 2011
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Last modified
1/3/2012 2:48:38 PM
Creation date
5/23/2011 2:13:20 PM
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Contracts
Company Name
LIVESCAN N MORE
Contract #
A-2011-096
Agency
PUBLIC WORKS
Council Approval Date
4/4/2011
Destruction Year
0
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A-2011-096 <br />ALL INCLUSIVE SETTLEMENT AGREEMENT <br />This Agreement ("Agreement") is made by and between the City of Santa Ana, a charter <br />city and municipal corporation duly organized and existing under the Constitution and laws of <br />the State of California ("City") and Livescan N More ("Tenant"). The City and Tenant are <br />hereinafter sometimes referred CQII?ctively as the "Parties." The Effective Date of this <br />Agreement shall be APR 1 LU' , 2011, the date on which the Agreement has been fully <br />executed by the City and Tenant. <br />` RECITALS <br />A. Tenant operates a business, commonly known as Livescan N More, located at 1631 <br />N. Bristol Street, Suite 201, Santa Ana, CA 92706 (the "Property"). <br />B. The City has made an offer and intends to purchase the Property for the Bristol <br />Street Widening Project. As a result of the City's pending acquisition, the Tenant will <br />be displaced from the Property. <br />?.1 C. The Parties desire to resolve all issues relating to the City's acquisition of the <br />Property in accordance with the terms and conditions set forth below. <br />D. The Parties acknowledge that the payment as set forth in paragraph 1(a) and other <br />consideration given in connection with this Agreement are the result of a compromise <br />and settlement of disputed claims, and shall never, at any time or for any purpose, <br />be considered an admission of liability or responsibility on the part of any of the <br />parties herein released. <br />NOW, THEREFORE, in consideration of the foregoing and of the mutual promises and <br />covenants hereinafter set forth, it is hereby agreed by and among the Parties that: <br />1. Consideration <br />(a) The City shall pay to Tenant the sum of $20,405.00 (Twenty Thousand Four <br />Hundred and Five Dollars) (Tenant Settlement Payment) as total compensation <br />for relocation assistance and any and all related expenses and claims as more <br />fully described in paragraph 1(b) below. Upon full execution of this Agreement, <br />the City will begin processing a payment, payable to Tenant, in the amount of <br />$20,405.00, which will be paid to Tenant after Tenant vacates the Property, signs <br />a Certificate of Abandonment, provides all keys to the Property to the City or to <br />the City's relocation consultant, and provides written verification that all <br />hazardous materials have been legally and properly moved. <br />(b) Tenant agrees, that the consideration received pursuant to paragraph 1(a) above <br />constitutes full satisfaction of any and all obligations of the City to Tenant, <br />including, without limitation, any obligations for relocation assistance, relocation <br />benefits, moving expenses, interest of any kind in the real estate and leasehold, <br />loss of business goodwill, compensation for personal property (loss of inventory), <br />furniture, fixtures and equipment, interest, attorney's fees, appraisal fees, or <br />damages of any nature. <br />1 of 7
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