A-2018-175
<br />ORANGE COUNTY TRANSPORTATION AUTHORITY CONFIDENT]
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<br />This document contain,
<br />P411'eh$Se and Sale Agreement Return ORIGINAL information, and pursuant to Civil Code
<br />section 1799.21, it shall be kept confidential
<br />Executed COPY to COTC in order to protect against unauthorizedINSURANCENOTREQUIRED (M-30/T11) disclosure,
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<br />CLERK OF COUNCIL OC STREETCAR PROJECT
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<br />JUL 3 1 ?A1820CivicCenterPlaza
<br />Santa Ana, CA 92701
<br />008-067-47
<br />398-221-23,008-068-09
<br />398-351-04, -05, -07, -08
<br />Plgperty Address Parcel No(s) APN(s)
<br />1 0)
<br />p.t,k,t" TBD-Pending FTA
<br />Federal Project No. Escrow No. Title Order No.
<br />OCS-004-01, -02
<br />OCS-008
<br />OCS-009-01, -02
<br />PURCHASE AND SALE AGREEMENT
<br />This PURCHASE AND SALE AGREEMENT ("PSA") is dated for reference purposes as of thel- day of J u- 2018
<br />Date of PSA"), and is being entered into by and between the CITY OF SANTA ANA, a charter city and municipal
<br />corporation organized and existing under the Constitution and laws of the state of California ("CITY" or "Seller"), and the
<br />ORANGE COUNTY TRANSPORTATION AUTHORITY, a Public Entity, ("AUTHORITY" or "Buyer"), for the
<br />acquisition by Buyer of certain real property interests described below. Each will be individually known as "Party" and
<br />collectively known as the "Parties".
<br />RECITALS
<br />WHEREAS, the OC Streetcar Project ("Project') is a modem streetcar system connecting the Santa Ana Regional
<br />Transportation Center to Harbor Boulevard and Westminster Avenue in the City of Garden Grove;
<br />WHEREAS, the CITY and AUTHORITY entered into COOPERATIVE AGREEMENT No. C-5-3583 ("Agreement')
<br />on August 1, 2015 for support of the design phase the Project;
<br />WHEREAS, the CITY owns the real property located at the City Hall Parking Structure, Sasscer Park, and the Santa Ana
<br />Regional Transportation Center (SARTC), known as APNs 008-067-47; 398-221-23, 008-068-09; and 398-351-04, -05, -
<br />07, -08, in the County of Orange (collectively, the "CITY Property");
<br />WHEREAS, the CITY agrees to sell to the AUTHORITY the CITY property, at the appraised value, necessary for the
<br />AUTHORITY to construct, operate, and maintain a traction power substation and related equipment necessary for the
<br />Project at the following location described in Amendment No. 2 to the Agreement:
<br />2) easements- City Hall Parking Structure (Traction Power Substation and Public Utility Easement)
<br />Appraise/Sell)
<br />WHEREAS, the CITY agrees to grant to the AUTHORITY an easement to use CITY property for streetcar purposes,
<br />including the right to construct, operate, and maintain traction power substations and related equipment necessary for the
<br />Project at the following two (2) locations described in Amendment No. 2 to the Agreement:
<br />1) easement- Santa Ana Regional Transportation Center (Platform and Traction Power Substation and
<br />Guideway) (Grant)
<br />1) easement- Abandoned 4th Street adjacent to Sasscer Park (Easement for construction, maintenance,
<br />and operation) (Grant)
<br />NOW, THEREFORE, the CITY agrees to sell and grant interests in the CITY Property to the AUTHORITY and the
<br />AUTHORITY agrees to purchase interests in the CITY Property from the CITY upon the terms and for the consideration
<br />set forth in this PSA and through the instruments attached as follows:
<br />City Council 7 –3 6/1/2021
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