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REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />CLERK OF COUNCIL USE ONLY: <br />FEBRUARY 5, 2007 <br />TITLE: <br />PURCHASE AGREEMENTS FOR <br />BRISTOL STREET CORRIDOR <br />(PROJECT 06-1500) <br />APPROVED <br />^ As Recommended <br />^ As Amended <br />^ Ordinance on 1~' Reading <br />^ Ordinance on 2ntl Reading <br />^ Implementing Resolution <br />^ Set Public Hearing For <br />CONTINUED TO <br />FILE NUMBER <br />ER <br />RECOMMENDED ACTION <br />Direct the City Attorney to prepare and authorize the City Manager <br />and Clerk of the Council to execute agreements with: <br />Paul Xuan Le and Ly Thi Phan for the purchase of the <br />residential property located at 806 S. Bristol in the amount <br />of $685,000; <br />Juana Magana for the purchase of the residential property <br />located at 802 5. Bristol in the amount of $625,000; <br />Irineo Arroyo for the purchase of the residential property <br />located at 712 S. Bristol in the amount of $620,000; <br />Minerva Avelar for the purchase of the residential property <br />located at 1302 Richland in the amount of $600,000; <br />Juan Villegas for the purchase of the residential property <br />located at 506 S.Bristol in the amount of $565,000; <br />Mai & Ninh Nguyen for the purchase of the residential property <br />located at 407 S. Bristol in the amount of $600,000. <br />DISCUSSION <br />On March 6, 2006 the City Council approved the cooperative agreement <br />between the City and the Orange County Transportation Authority to <br />fund Bristol Street improvements from McFadden Avenue and Pine <br />Street. Improvements include widening of the street from four lanes <br />to six, construction of landscaping in the parkways and the median <br />25C-1 <br />