Item 07 - OC Streetcar Purchase and Sale Agreement for City Easement

Home Browse Search

ORANGE COUNTY TRANSPORTATION AUTHORITY CONFIDENTIAL This document contains personal Addendum No, l to Purchase and Sale Agreement information, and pursuant to Civil Code section 1799.21, it shall be kept confidential in order to protect against unauthorized disclosure. OC STREETCAR PROJECT OCS-004-01,-02 008-067-47 20 Civic Center Plaza OCS-008 398-221-23, 008 068-09 Santa Ana, CA 92701 OCS-009-01, -02 398-351-04, -05, -07, -08 Property Address Parcel No. APN. Escrow No. Title Order No. ADDENDUM NO.1 TO PURCHASE AND SALE AGREEMENT The Addendum. No. 1 to Purchase and Sale Agreement ("Addendum") is entered into by and between the CITY OF SANTA ANA, a charter city and municipal corporation organized and existing under the Constitution and laws of the state of California ("CITY" or "Seller"), and the ORANGE COUNTY TRANSPORTATION AUTHORITY, a Public Entity, ("AUTHORITY" or "Buyer"), for the acquisition by Buyer of certain real property interests described below. Each will be individually known as "Party" and collectively known as the "Parties". RECITALS WHEREAS, on July 31, 2018, CITY and AUTHORITY entered into a Purchase and Sale Agreement ("PSA"), PSA Reference A-2018-175, whereby CITY and AUTHORITY agreed to grant AUTHORITY (i) two separate easements a Traction Power Substation Easement and a Public Utility Easement on the Property, as more particularly described and depicted in Document Nos. OCS-004-01 and OCS-004-02 and (ii) an Easement Deed on the property as more particularly described and depicted in Document Nos. OCS-008 and (iii) a Platform and Traction Power Substation Easement as more particularly described and depicted in Document Nos. OCS-009-01 and OCS-009-02 attached as Exhibit "1", "2", "3" and "4", respectively to the Original Purchase and Sale Agreement; and WHEREAS, the AUTHORITY has determined that it is necessary to acquire two additional permanent Grant of Easements for utility purposes to support the Traction Power Substations. The first Grant of Easements is two strips, 6.00 Feet wide and 14.00 feet wide, over the property designated as Assessor's Parcel Number 008-067-47 ("Civic Center") and is legally described and depicted in Exhibit "A" attached to and made part of the Grant of Easement attached hereto to and incorporated herein as Exhibit 1(the "Southern California Edison Easement at Civic Center"). The second Grant of Easements is a parcel of land over the property designated as Assessor's Parcel Number 398-351- 04 ("SARTC") and is legally described and depicted in Exhibit "A" attached to and made part of the Grant of Easement attached hereto to and incorporated herein as Exhibit 2 (the "Southern California Edison Easement at SARTC"); and WHERAS, the Southern California Edison Easement at Civic Center is over a significant portion of the area encumbered by Document Nos. OCS-004-01, OCS-004-02; and the Southern California Edison Easement at SARTC is over an area encumbered by Doewnent Nos OCS-009-01 and OCS-009-02; and WHERAS, the purpose of this Agreement is to allow the AUTHORITY to acquire the Southern California Edison Easement at Civic Center and the Southern California Edison Easement at SARTC under the terms and conditions as set forth in this Agreement; and WHEREAS, the CITY agrees to Grant the Southern California Edison Easement at Civic Center and the Southern California Edison Easement at SARTC under the terms and conditions as set forth in this Agreement; and WHEREAS, the AUTHORITY agrees that the Southern California Edison Easement at Civic Center and the Southern California Edison Easement at SARTC will be primary to the use and rights granted to OCTA by the City Page I of 6