Item 42 - Exchange of Real Property and Purchase of Land

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AGREEMENT FOR EXCHANGE OF REAL PROPERTY This Agreement for Exchange of Real Property ("Agreement") is entered as of the day of , 2022, by and between the CITY OF SANTA ANA, a charter city and municipal corporation duly organized under the Constitution and laws of the State of California ("City"), and CHARLES H. MANH FAMILY TRUST ("Manh"). The City and Manh hereinafter are sometimes referred to collectively as the "Parties." RECITALS A. City owns certain real properties commonly known as Parcels C2, C3, C8, and P 1, located on Bristol Street between 7th and 17th Street, in the City of Santa Ana, County of Orange, State of California, as more particularly described and depicted in the Legal Description attached hereto as Exhibits "A- 1" through "A-4" and incorporated herein by reference ("City Property"). Parcel C2, APN numbers 405-272-21 & 24, Parcel C3, APN numbers 004-123-56 & 57, Parcel C8, APN numbers 008-091-01, 02, 13, 14 and Parcel P1, APN numbers 405-074-38. B. A copy of the Grant Deeds for the City Property, filed with the County of Orange are attached hereto as Exhibits `B-1" Through "B-4" and incorporated herein by reference. C. On April 21, 2020, the Santa Ana City Council adopted Resolution No. 2020-032 declaring the City 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 City 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 is located, and to " Housing Sponsors" that have 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 City 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. Manh owns certain real property commonly known as Orange County Assessor Parcel No. 005-142- 34, 48, 49, located at 925 N Flower Street and 848 & 852 N Garnsey Street , in the City of Santa Ana, County of Orange, State of California, as more particularly described and depicted in the Legal Description attached hereto as Exhibit "C" and incorporated herein by reference ("Manh Property"). G. A copy of the Grant Deed for the Manh Property, filed with the County of Orange as Document No. 2021000036844, is attached hereto as Exhibit "D" and incorporated herein by reference. H. The Parties desire by this Agreement to provide the terms and conditions for the exchange of fee interests in the City Property and the Manh Property. Page 1 of 11