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HomeMy WebLinkAbout25C - BRISTOL ST CORRIDOR REQUEST FOR COUNCIL ACTION CITY COUNCIL MEETING DATE: CLERK OF COUNCIL USE ONLY: FEBRUARY 5, 2007 TITLE: PURCHASE AGREEMENTS FOR BRISTOL STREET CORRIDOR (PROJECT 06-1500) APPROVED o As Recommended o As Amended D Ordinance on 1 st Reading D Ordinance on 2nd Reading o Implementing Resolution o Set Public Hearing For CONTINUED TO FILE NUMBER URECOMMENDED ACTION Direct the City Attorney to prepare and authorize the City Manager and Clerk of the Council to execute agreements with: Paul Xuan Le and residential property of $685,000; Ly Thi Phan for located at 806 S. the purchase of the Bristol in the amount Juana Magana for the purchase of the residential property located at 802 S. Bristol in the amount of $625,000; Irineo Arroyo for the purchase of the residential property located at 712 S. Bristol in the amount of $620,000; Minerva Avelar for the purchase of the residential property located at 1302 Richland in the amount of $600,000; Juan Villegas for the purchase of the residential property located at 506 S.Bristol in the amount of $565,000; Mai & Ninh Nguyen for the purchase of the residential property located at 407 S. Bristol in the amount of $600,000. 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 25C-1 Purchase Agreements February 5, 2007 Page 2 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. FISCAL IMPACT Funds are appropriated in the Select Street Construction Fund (account no. 59-553-6611) APPROVED AS TO FUNDS AND ACCOUNTS: /') '1 d;C'.i~.'"",/ ..~ ,.-. - . . l .! ('y(' Ja~es G. 0 r o Executive Director Public Works Agency "l\r\N\t':~r,) \\.~ , Francisco Gutierrez Executive Director Finance & Mgmt. Services Agency , I '\il \ 25C-2 MA TCHLlNE SEE BOTTOM RIGHT LEGEND D SUBJECT PROPERTIES ACOUIRED PROPERTIES RAYMAR PINE ST. WALNUT ST. RICHlAND . , AVENUE 701 3 305 309. 313 323 TOLLIVER 71 305 310 314 318 402 406 410 414 CHESTNUT c MYRTLE STREET CUBBON ST. CAMllE ~ MCFADDEN AVENUE WillITS I ~ BISHOP MA TCHLlNE SEE ABOVE lEFT EXHIBIT 1 ..l> CITY COUNCIL . AGENDA DATE , TITLE, PURCHASE AGREEMENTS FOR BRISTOL STREET CORRIDOR OJECT 06-1500) FEBRUARY 5, 2007 ~ N.TB S '\N r '\ '\"'''' 25C-4