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Public Works Agency www.santa-ana.org/pw Item # 19 City of Santa Ana 20 Civic Center Plaza, Santa Ana, CA 92701 Staff Report July 20, 2021 TOPIC: Quitclaim of Portion of Traffic Signal Easement AGENDA TITLE Authorize Quitclaim of a Portion of a Traffic Signal Easement (2727 North Main Place Drive) (Applicant:and Owner: Mainplace Shoppingtown LLC, a Delaware Limited Liability Company) for $4,000 (Non -General Fund) RECOMMENDED ACTION Authorize the City Manager to execute a quitclaim deed relinquishing the City's interest in a portion of a traffic signal easement at 2727 North MainPlace Drive to Mainplace Shoppingtown LLC, a Delaware limited liability company for $4,000, subject to non - substantive changes approved by the City Manager and City Attorney. DISCUSSION On June 4, 2019, the City Council approved a tentative parcel map, a development agreement, and other entitlements to allow the MainPlace Transformation and Expansion Project Specific Plan at 2800 North Main Street. The initial phase of the project includes a 309-unit, five -story residential building at 2727 North Main Place Drive near the northwest corner of North Broadway and Main Place Drive (Exhibit 1). To accommodate the building, the property owner, Mainplace Shoppingtown LLC, wishes to remove a portion of a traffic signal easement, which was granted to the City by a prior landowner in 1987. The easement conflicts with the footprint of the residential building and the applicant is requesting the City quitclaim the easement in order to move forward with the project. Generally, easements provide access or right of entry for specified purposes. In this case, an easement was granted (Exhibt 2) in order to give the City access to private property to maintain equipment associated with the traffic signal at North Broadway and North Main Place Drive. The 477 square foot portion (Exhbit 3) of the easement to be quitclaimed does not contain any traffic signal equpipment, and staff has determined the portion of easement is not needed. Consistent with past practices, the developer is required to compensate the City for the value of the property. Staff has received an opinion of value of $4,000.