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REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />JUNE 19, 2018 <br />TITLE: <br />APPROVE PURCHASE AGREEMENT <br />FOR REAL PROPERTY ACQUISITION <br />FOR BRISTOL STREET <br />IMPROVEMENTS PHASE 4 (PROJECT <br />NO. 116741, NON -GENERAL FUND) <br />{STRATEGIC PLAN NO. 6, 1G; 3,2C) <br />) P r <br />E <br />CITY NAGER <br />RECOMMENDED ACTION <br />CLERK OF COUNCIL USE ONLY: <br />APPROVED <br />❑ As Recommended <br />❑ As Amended <br />❑ Ordinance on 151 Reading <br />❑ Ordinance on 2ntl Reading <br />❑ Implementing Resolution <br />❑ Set Public Hearing For <br />CONTINUED TO <br />FILE NUMBER <br />Authorize the City Manager and Clerk of the Council to execute Purchase Agreement for the real <br />property acquisition, temporary construction easement, and goodwill (if any) with the property <br />owner listed below, subject to nonsubstantive changes approved by the City Manager and City <br />Attorney: <br />No. Property Owner Property commonly Acquisition Amount <br />known as / location Type <br />Qwan Capital 1241 West Saint Anne Place Partial $20,500 <br />(APN 015-215-10) <br />DISCUSSION <br />Bristol Street is a north -south transportation facility which is designated as a major arterial <br />highway in the City's Circulation Element of the General Plan. Improving the 3.9 -mile Bristol <br />Street segment from Warner Avenue to Memory Lane has been a long-term priority project that is <br />being constructed in several phases. Improvements include widening the street from two to three <br />lanes in each direction, raised landscape medians, and adding bike lanes. The City is acquiring <br />properties for the development of Phase 4, bounded by Warner Avenue and Saint Andrew Place. <br />Property acquisitions for this phase are expected to be completed by spring 2018, and <br />construction is anticipated to begin in summer 2018. <br />The partial acquisition is necessary to accommodate the improvements and widening for Phase 4 <br />(Exhibit 1) of this project. The purchase offer was determined based on appraised values <br />prepared by a California State licensed appraiser, and were accepted by the property owners. <br />The total compensation includes $16,365 for the partial land acquisition and $4,135 for a <br />25G-1 <br />