HomeMy WebLinkAbout25C - BRISTOL STREET CORRIDOR AGMT
REQUEST FOR
COUNCIL ACTION
CITY COUNCIL MEETING DATE:
CLERK OF COUNCIL USE ONLY:
SEPTEMBER 4, 2007
TITLE:
PURCHASE AGREEMENT FOR
BRISTOL STREET CORRIDOR (PROJECT
06-1500)
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
~
~~
CONTINUED TO
FILE NUMBER
RECOMMENDED ACTION
Direct the City Attorney to prepare and authorize the City Manager
and Clerk of the Council to execute an agreement with:
Mai & Ninh Nguyen for the purchase of the vacant property
located at 401 S. Bristol in the amount of $347,000.
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. To accommodate the
widening, the acquisition of entire property listed above is required
(Exhibit 1). The purchase amount 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.
25C-1
Purchase Agreement For
Bristol Street Corridor
September 4, 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:
,~
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YJe-t{/':.,--\- r~/1../1'Jt7{/1(1)1{ L
~\.,/ "James G. Ross
y!gXecutive Director
~l Public Works Agency
~~-~
~rancisco Gutierrez '~/ ~
~- Executive Director (~o
Finance & Mgmt. Services Agency
25C-2
AVENUE
701
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717 ..
HLAND
814
818 I I
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LJ
MCFADDEN AVENUE
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LEGEND
~;~{8<:;~~ SUBJECT PROPERTIES
ACQUIRED PROPERTIES
WALNUT ST.
PINE ST.
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. 306
310
314
318
402.
406
410
414
420
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438
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WILLITS
STREET
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SEE ABOVE LEFT
EXHIBIT 1
SMH A A~IA
. .. CITY COUNCIL
· PW /\ · AGENDA DATE
, , SEPTEMBER 4, 2007
PuBliC "OR~) AGU./CY
PURCHASE AGREEMENT FOR
BRISTOL STREET CORRIDOR
(PROJECT 06-1500)
TITLE:
25C-3
25C-4