HomeMy WebLinkAbout25I - BRISTOL STREET CORRIDOR AGMTS
REQUEST FOR
COUNCIL ACTION
CITY COUNCIL MEETING DATE:
CLERK OF COUNCIL USE ONLY:
SEPTEMBER 5, 2006
TITLE:
PURCHASE AGREEMENTS FOR BRISTOL
STREET CORRIDOR (PROJECT 06-
1500)
APPROVED
o As Recommended
o As Amended
o Ordinance on 151 Reading
o Ordinance on 2nd Reading
o Implementing Resolution
o Set Public Hearing For
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~
C TY MANAGER
CONTINUED TO
FILE NUMBER
RECOMMENDED ACTION
Direct the City Attorney to prepare and authorize the City Manager
and Clerk of the Council to execute agreements with:
Ted & Mei Yang for the purchase of the single family residence
located at 434 S. Bristol in the amount of $550,000;
Jose Luis Valdez for the purchase of the single family
residence located at 514 S. Bristol in the amount of $565,000;
Jose & Veronica Rodriguez for the purchase of the single
family residence located at 402 S. Bristol in the amount of
$615,000;
J & L Investments for the purchase of the single family
residence located at 406 S. Bristol in the amount of $575,000;
Miguel & Yolanda Padilla for the purchase of the single family
residence located at 502 S. Bristol in the amount of $565,000;
Luis Velasquez for the purchase of the single family residence
located at 510 S. Bristol in the amount of $565,000;
Maximiano Magana for the purchase of the single-family
residence located at 438 S. Bristol in the amount of $580,000.
251-1
Purchase Agreements
September 5, 2006
Page 2
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 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 the properties, as listed above, are
required (Exhibit 1). The purchase amounts are 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.
FISCAL IMPACT
Funds are appropriated in the Select Street Construction Fund
(account no. 59-553-6611).
APPROVED AS TO FUNDS AND ACCOUNTS:
~ James G. R ss
Executive irector
Public Works Agency
':tM'\..~~\. ~!' 0 't A:>. ,
Francisco Gutierrez
Executive Director
Finance & Mgmt. Services Agency
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251-2
MATCHJNE
SEE 8OlTOM ROfT
LEGEND
D SUBJECT PROPER11ES
~ ACOUIREO PROPER11ES
WAL.NJT ST.
PH: ST.
Ta.J....IYER
c
STI1t:t: I
434
-
CUBBON ST.
502
510
514
J
MCFADDEN AVENUE WIJ.JT8 EIBHOP
I ~
MA TCHUNE
SEE ABOVE LEFT
EXHIBIT 1
SANTA ANA ,-~
, ~ CITY COUNCL
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PI&C _-.
PURCHASE AGREEMENTS FOR
BRISTOL STREET CORRIDOR
(PROJECT 06-1500)
251-3
~
N.Y.
251-4