Item 12 - 28 Civic Center Plaza Purchase Agreement

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28 Civic Center Plaza Purchase Agreement August 15, 2023 Page 2 3 6 4 3 $34.5 million investment by the City for the transformation of the city’s main public library. Additionally, in an effort for parcel consolidation for the Santa Ana Civic Center, the City recently acquired approximately 2.2 acres from the County of Orange via a land exchange. This newly acquired area includes the Plaza of the Flags and a Japanese Garden. With this land swap completed, the next step towards a Santa Ana Civic Center modernization is the acquisition of the State-owned property. The acquisition of the State Building represents Santa Ana Civic Center updates that started in 2019. An Inter-Departmental team is currently coordinating the disposition and schedule of performance for the State Building. Additional activities may include an assessment of the parking facilities, utilities, and other improvements adjacent to the State Building. Inter-Departmental planning meetings will begin in late 2023 with an analysis of the City’s employee space needs, facility assessments, parking improvement studies, financing plans, and a Santa Ana Civic Center Master Plan. FISCAL IMPACT Funds in the amount of $3,900,000 (for the purchase, closing costs, escrow fees, and any other costs through disposition) are available in the Modernization of SA Civic Center, Buildings & Building Improvements account (no. 41818833-66200) in FY 2022- 23. These funds will be included in the proposed FY 2023-24 carryover of unspent funds and will be presented to the City Council in September 2023. Fiscal Year Accounting Unit- Account Fund Description Accounting Unit, Account Description Amount FY 23-24 41818833-66200 CDA Capital Projects Modernization of SA Civic Center, Buildings & Building Imp.$3,900,000 Total Expenditures $3,900,000 EXHIBIT(S) 1. Location Map 2. Agreement Submitted By: Michael L. Garcia, Executive Director of Community Development Approved By: Kristine Ridge, City Manager