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HomeMy WebLinkAbout25F - 522 S BRISTOL REQUEST FOR COUNCIL ACTION CITY COUNCIL MEETING DATE: CLERK OF COUNCIL USE ONLY: JANUARY 16, 2007 TITLE: PURCHASE AGREEMENTS FOR BRISTOL STREET CORRIDOR (PROJECT 06-1500) APPROVED o As Recommended o As Amended o Ordinance on 1" Reading o Ordinance on 2"' Reading o Implementing Resolution o Set Public Hearing For ;rd , \ ECOMMENDED ACTION CONTINUED TO FILE NUMBER Direct the City Attorney to prepare and authorize the City Manager and Clerk of the Council to execute agreements with Leovardo and Maricela Lopez for the purchase of the commercial property located at 522 S. Bristol in the amount of $533,000. 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 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 outlined in the Specific Plan. In order to accommodate the widening, the acquisition of entire 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. 25F-1 Purchase Agreements January 16, 2007 Page 2 FISCAL IMPACT Funds are appropriated in the Select Street Construction Fund (account no. 59-553-6611) APPROVED AS TO FUNDS AND ACCOUNTS: ~~ fJames G. Ross Executive Director Public Works Agency ~G~(:~t ( J ~ecutive Director Finance & Mgmt. Services Agenc~_ 25F-2 MATCHLlNE SEE BOTTOM RIGHT LEGEND _ SUBJECT PROPERTIES _ ACQUIRED PROPERTIES TOLLIVER LJ WALNUT ST. MCFADDEN AVENUE I '1 I1T SANTA ANA . t CITY COUNCIL P W A AGENDA DATE' , , JANUARY 16, 2007 1'\11.1: lICIIIS AGE':' MA TCHLlNE EXHIBIT 1 SEE ABOVE LEFT Title' PURCHASE AGREEMENT FOR A BRISTOL STREET CORRIDOR (PROJECT 06-1500) 25F-3 PINE ST. ~ N.TS CHESTNUT STREET CAMILE BISHOP SANTA ANA ~ 25F-4