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Item 14 - Real Property Purchase Agreement: 10th and Flower Park Project
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Item 14 - Real Property Purchase Agreement: 10th and Flower Park Project
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8/10/2023 5:11:17 PM
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Agenda Packet
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Clerk of the Council
Item #
14
Date
4/4/2023
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Community Development Agency <br />santa-ana.org/community-development <br />Item # 14 <br />City of Santa Ana <br />20 Civic Center Plaza, Santa Ana, CA 92701 <br /> Staff Report <br />April 4, 2023 <br />TOPIC: Real Property Purchase Agreement: 10th and Flower Park Project <br />AGENDA TITLE: <br />Approve Purchase Agreement with Property Owner Garnsey Corp., in the amount of <br />$750,000 for the Full Property Acquisition for the Real Property Located at 843 N. <br />Garnsey Street (APN 005-142-02) for the 10th and Flower Park Project (Revive Santa <br />Ana Program) <br />RECOMMENDED ACTION <br />Authorize the City Manager to execute a purchase agreement with property owner <br />Garnsey Corp, for the full property acquisition for the real property located at 843 N. <br />Garnsey Street, also identified as APN 005-142-02, (Property) in the amount of <br />$750,000, subject to non-substantive changes approved by the City Manager and City <br />Attorney. <br />DISCUSSION <br />In August 2022, the City Council approved the American Rescue Plan Act (ARPA) <br />Funding for the acquisition and expansion of parks and open space in the City of Santa <br />Ana (City). The City also adopted a Parks Master Plan in May 2022 that provides goals <br />to develop parkland within a 10-minute walk for all residents, and three acres of <br />parkland per 1,000 residents citywide. The acquisition of this property will assist in <br />expanding the future 10th and Flower Park project boundaries to create a recreational <br />amenity in a “park gap” area, serve four adjacent neighborhoods, and create a new park <br />that was identified in the Parks Master Plan. The property is located in a qualified <br />census tract and is necessary to expand the boundaries of the 10th and Flower Park, <br />which was planned as a smaller 0.65-acre neighborhood park. <br />The adjacent property (841 N Garnsey) was listed for sale by the property owner, and <br />during discussions with the City about acquiring 841 N Garnsey, the property owner <br />expressed interest in the City acquiring both properties owned by Garnsey Corp. The <br />recommended property acquisition (Exhibit 1) and the mutually agreed-upon purchase <br />offer were determined based upon a broker’s opinion of value prepared by the City’s <br />right-of-way consultant (Exhibit 2).
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