HomeMy WebLinkAbout25J - PURCHASE 310 S. BRISTOL
REQUEST FOR
COUNCIL ACTION
CITY COUNCIL MEETING DATE:
CLERK OF COUNCIL USE ONLY:
JUNE 19, 2006
TITLE:
PURCHASE AGREEMENT FOR THE LIDIA
RODRIGUEZ PROPERTY LOCATED AT
310 S. BRISTOL
APPROVED
o As Recommended
o As Amended
o Ordinance on 1st Reading
o Ordinance on 2nd Reading
o Implementing Resolution
o Set Public Hearing For
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'~J RECOMMEN:::::~;:
CONTINUED TO
FILE NUMBER
Direct the City Attorney to prepare and authorize the City Manager and
Clerk of the Council to execute an agreement with Lidia Rodriguez for the
purchase of 310 S. Bristol Street in the amount of $560,000.
DISCUSSION
On March 6, 2006 the City Council approved the cooperative agreement
between the City and the Orange County Transportation Authority to fund
Bristol Street improvements from Warner Avenue to Seventeenth Street. In
order to meet the funding cash flow availability, the widening will be
done in phases. Phase I of the four phase improvements is between
McFadden Avenue and Pine Street.
Improvements include widening of the street from four lanes to six,
construction of landscaping in the parkways and the median islands,
traffic improvements, drainage structures, sound walls, and other
amenities as outlines in the Specific Plan. In order to accommodate the
widening, the acquisition of entire property located at 310 S. Bristol
Street is required (Exhibit 1). The amount of $560,000 is the appraised
value prepared by an appraiser licensed in the State of California.
ENVIRONMENTAL IMPACT
In accordance with the California Environmental Quality Act, the proposed
project has been determined to be adequately evaluated in the previously
prepared Environmental Impact Report/Environmental Impact Assessment EIR
No. 89-01 approved by City Council in 1990.
25J-1
Purchase Agreement with
Lidia Rodriguez
June 19, 2006
Page 2
FISCAL IMPACT
Funds are available from the proceeds of OCTA's $125 Million Select
Street Construction Fund (account no. 59-553-6631)
APPROVED AS TO FUNDS AND ACCOUNTS:
James G. Ross
Executive Director
Public Works Agency
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~rancisco Gutierrez \~
rvr ~xecutive Director
Finance & Mgmt. Services Agency
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