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Agenda Packet_2022-10-04
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Agenda Packet_2022-10-04
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10/3/2022 1:32:09 PM
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Agenda Packet
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10/4/2022
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4. Any third party costs related to the Land Swap Agreement shall be shared <br />equally by the County and the City. The Parties shall be responsible for their <br />own internal costs. <br />5. The County will be required to obtain approval from the Orange County <br />Board of Supervisors to exchange the parcels. The City will be required to <br />obtain approval from the Santa Ana City Council to exchange parcels. <br />5. Amendments to this LOI shall be made in writing by County and City. <br />6. This LOI is solely a preliminary expression of general interest and intentions <br />of the Parties and is to be used for discussion and planning purposes only. <br />The Parties agree that this LOI is not intended to create any legally binding <br />agreement or obligation, either implied or expressed, by any Party to agree toa <br />definitive agreement, and imposes no duty on any Party to ultimately enter <br />into a binding agreement. It is the manifestation of the intent of the Parties <br />that no Party shall have any contractual obligations to any other Party with <br />respect to matters referred herein, unless and until a definitive agreement has <br />been considered, approved, and fully executed by the Board of Supervisors <br />and the Santa Ana City Council. <br />COUNTY OF ORANGE <br />Thomas Miller, Chief Real Estate Officer <br />CITY OF SANTA ANA <br />Kristme Ridge, City M ager <br />City Council 20 — 6 10/4/2022 <br />Page 2 of 2 <br />
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