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REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />JUNE 2 , 2020 <br />TITLE <br />APPROVE AN APPROPRIATION <br />ADJUSTMENT FOR $376,500 AND <br />AUTHORIZE A PURCHASE AGREEMENT <br />TOTALING $502,000 FOR REAL <br />PROPERTY ACQUISITION FOR WARNER <br />AVENUE IMPROVEMENTS PHASE 2 <br />(PROJECT NO. 18-6901) <br />(NON -GENERAL FUND) <br />CLERK OF COUNCIL USE ONLY: <br />APPROVED <br />❑ As Recommended <br />❑ As Amended <br />❑ Ordinance on I" Reading <br />❑ Ordinance on 2i1 Reading <br />❑ Implementing Resolution <br />❑ Set Public Hearing For <br />CONTINUED TO <br />/s/ Kristine Ridge FILE NUMBER <br />CITY MANAGER <br />RECOMMENDED ACTION <br />1. Approve an appropriation adjustment in the amount of $376,500 in Measure M2 Competitive, <br />Arterial Capacity Enhancements grant funding from the Measure M-Street Construction <br />revenue account and appropriate the same amount to the Measure M2 Competitive Street, <br />Land expenditure account for property acquisition referenced below. <br />2. Authorize the City Manager to execute a purchase agreement with Salvador Arreola Valencia <br />for the real property full acquisition and goodwill (if any) for real property located at 2246 S. <br />Standard Ave. (APN 016-211-25) in the amount of $502,000, subject to non -substantive <br />changes approved by the City Manager and City Attorney: <br />DISCUSSION <br />Warner Avenue is classified as an east -west major arterial in the City's General Plan Circulation <br />Element and the County of Orange Master Plan of Arterial Highways. Improving the one -mile <br />segment of Warner Avenue from Main Street to Wright Street has been a long-term priority project <br />that is being constructed in several phases. Improvements include widening the street from a four - <br />lane roadway to a six -lane arterial and installing a parkway, raised median landscaping, a storm <br />drain, protected bike lanes, sound walls, streetlights, and traffic signals. The City is acquiring <br />properties for the development of Phase 2 of the Warner Avenue Improvements project, bounded <br />by Oak Street and Grand Avenue. Construction is anticipated to begin in winter 2020. <br />The recommended property acquisition is necessary to accommodate the street improvements for <br />Phase 2 (Exhibit 1). The purchase offer was determined based on the appraised value prepared <br />by a California State licensed appraiser and accepted by the property owner. The compensation <br />amount listed above is incorporated in the attached agreement (Exhibit 2). <br />20B-1 <br />