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INSURANCE NOT REQUIRED A-2022-179 WORK MAY PROCEED CLERK OF THE COUNCIL PURCHASE AND SALE AGREEMENT DATE: THIS PURCHASE AND SALE AGREEMENT ("Agreement") is made and entered into s, this 20*'day of September 2022 ("Effective Date"), by and between CHARLES H. MANH csi FAMILY TRUST ("Buyer"), and the CITY OF SANTA ANA, a charter city and municipal cL corporation organized and existing under the Constitution and laws of the State of California � ("Seller" or "City"). As used herein, Buyer and Seller may be referred to collectively as the "Parties," and each individually as a "Party." RECITALS A. City is the fee simple owner of that certain real property consisting of approximately 8,965 square feet, located at 515 N. Bristol Street (APN Nos. 008-081-26), and 517 N. Bristol Street (APN No. 008-081-28) Santa Ana, California, legally described in Exhibit "A" attached to this Agreement and incorporated into this Agreement in its entirety by this reference (the "Property"). B. On March 5, 2019, the Property was approved by the City for disposition through direct negotiations, without competitive bidding, in accordance with Santa Ana Municipal Code sections 2-706 and 2-709. C. On April 21, 2020, the Santa Ana City Council adopted Resolution No. 2020-032 declaring the Property as surplus land and directing the City Manager to comply with the requirements of California Government Code Section 54220 et seq. ("Surplus Land Act") for the disposition of the Property. D. On April 27, 2020, the City released a Notice of Availability ("NOA") of surplus property for the Property for a period of sixty days. This NOA was sent out to all " local public entities," as defined in Health and Safety Code section 50079, within whose jurisdiction the surplus land was located, and to "Housing Sponsors" that had notified the California Department of Housing and Community Development ("HCD") of their interest in surplus land. The NOA was also sent to local parks agencies and school districts. E. The Property was among those for which either no responses were received by entities receiving the notices of availability or for which responses were received and good faith negotiations ended after a period of not less than 90 days without agreement to price and terms. F. City staff proceeded with direct negotiations to sell the Property to Buyer. G. City now desires to sell the Property to Buyer, and Buyer desires to purchase the Property from City, in accordance with the provisions of this Agreement. AGREEMENT NOW THEREFORE, incorporating the foregoing Recitals and in consideration of the mutual covenants and agreements herein contained, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree as follows: -1-