RUBEN RAYA, DBA GRUPO CENTINELA AA - 2012

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INSURANCE NOT ON FILE WORK MAY NOT PROCEED N-20'12-065 CLERK OF COUNCIL DATE: ? - /?/-1? O. 1'h/? ? l? ACQUISITION SETTLEMENT AGREEMENT S \v 1 A (??ob?-S This Agreement ("Agreement") is made by and between the City of Santa Ana, a charter city and municipal corporation duly organized and existing under the Constitution and laws of the State of California ("City") and Ruben Raya, dba Grupo Centinela AA ("Tenant"). The City and Tenant are hereinafter so etimes r ferred collectively as the "Parties." The Effective Date of this Agreement shall be GG/? f ? 2012, the date on which the Agreement has been fully executed by the City and Tenant. RECITALS A. Tenant operates a business, commonly known as Grupo Centinela AA formerly located at 828 N. Bristol Street, Suite 205, Santa Ana, CA 92703 (the "Property"). B. The City purchased the Property for the Bristol Street Widening Project. As a result of the City's acquisition, the Tenant was displaced from the Property. C. The Parties desire to resolve all issues relating to the City's acquisition of the Property in accordance with the terms and conditions set forth below. D. The Parties acknowledge that the payment as set forth in paragraph 1 (a) and other consideration given in connection with this Agreement are the result of a compromise and settlement of disputed claims, and shall never, at any time or for any purpose, be considered an admission of liability or responsibility on the part of any of the parties herein released. E. Tenant vacated the Property on January 1 , 2012. NOW, THEREFORE, in consideration of the foregoing and of the mutual promises and covenants hereinafter set forth, it is hereby agreed by and among the Parties that: 1. Consideration (a) The City shall pay to Tenant the sum of $1,285.00 (One Thousand Two Hundred Eighty-Five Dollars) (Tenant Settlement Payment) as total compensation for any and all related expenses and claims as more fully described in paragraph 1 (b) below. Upon full execution and approval of this Agreement, the City will process a check in the amount of $1 ,285.00. (b) Tenant agrees, that the consideration received pursuant to paragraph 1(a) above constitutes full satisfaction of any and all obligations of the City to Tenant, including, without limitation, any obligations for interest of any kind in the real estate and leasehold, loss of business goodwill, compensation for personal property (loss of inventory), furniture, fixtures and equipment, interest, attorney's fees, appraisal fees, or damages of any nature. (c) Payment will be made for leasehold, loss of business goodwill and immovable furniture, fixtures and equipment in the amount of $1 ,285.00. 1 of 6