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HomeMy WebLinkAbout25H - BRISTOL STREET CORRIDORREQUEST FOR COUNCIL ACTION CITY COUNCIL MEETING DATE: JIINE ia, aoo~ TITLE: PIIRCRASE AGREffidENTS FOR BRISTOL STREET CORRIDOR (PROJECT 06-1500) CITY RECOMMENDED ACTION CLERK OF COUNCIL USE ONLY: APPROVED ^ As Recommended ^ As Amended ^ Ordinance on 15~ Reading ^ Ordinance on 2n° Reading ^ Implementing Resolution ^ Set Public Hearing For CONTINUED TO FILE NUMBER Direct the City Attorney to prepare and authorize the City Manager and Clerk of the Council to execute agreements with: Juan Argota and Luis Romero for the purchase of the residential property located at 921 N. Bristol in the amount of $485,000; Jorge and Anabel Mejia for the purchase of the residential property located at 902 S. Bristol in the amount of $620,000. On May 7, 2007 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. 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. EDtV IRO!-~1TLI. I1LPAiCT 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. 25H-1 Purchase Agreements June 18, 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: ~~/~James G. Ross Francisco Gutierrez ~' ~~ ``Executive Director Executive Director Public Works Agency Finance & Mgmt. Services Agency 25H-2 MATCHLINE LEGEND BOTTOM RIGHT SUBJECT PROPERTIES ~~ ~ ~~ ACQUIRED PROPERTIES RAYMAR ST. J AVENUE rM- CF~ADDEN AVENUE I ~~S MATCHLINE SEE ABOVE LEFT EXHIBIT 1 SANTA ANA arr couNCiL TITLE= PURCHASE AGREEMENTS FOR P`~W A j A`~NDA °''TE BRISTOL STREET CORRIDOR JUNE 18, zoos (PROJECT 06-1500) ~~ ~ ~ ~~~. PAGE t OF 2 IlT9 25H-3 I LEGEND SUBJECT PROPERTIES ACQUIRED PROPERTIES WASHINGTON AVE L t -r- 12TH sT I ~,~L. I _ ~ ._ _ 1UTH ST i ~~ ~ CMC CENTER DR EXHIBIT 1 s""TA """ CITY COUNCIL TITLE: PURCHASE AGREEMENTS FOR P`~~ AGENDA DATE BRISTOL STREET CORRIDOR JUNE 18, zom (PROJECT 06-1500) PIIBLC IIOPFS IGEX[I pA^G ^ /~ n 1 l~ L V' G25H-4 NTB 7TH ST