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1~ 1L ~ ~z~ A-2008-164 <br />. ,,. G~rrncz, G~~c~y <br />AUG 1 2 200 ACQUISITION SETTLEMENT AGREEMENT <br />This Acquisition Settlement Agreement ("ASA") is entered into on +` %~ n ~ - ~~ , 2008 <br />between the City of Santa Ana, a charter city and municipal corporation duly organized and <br />existing under the Constitution and laves of the State of California ("City"), and Rocela Moreno <br />dba Rocela's Beauty Salon ("Tenant" or "Displacee">. and Aurora Angel ("Owner" or <br />"Landlord"). City, Tenant ~tnd Owner may collectively :;: referred to in this ASA as the <br />"Parties." <br />RECITALS <br />A. Landlord is the fee owner of 1007 to 1011 South Bristol Street, Santa Ana, California <br />("Property"). Owner and City have negotiated a Purchase and Sale Agreement ("PSA") <br />for a portion of Owner's Property ("Acquired Property"), which will result in the <br />termination of Owner's and Tenant's rights, title and/or interests in the Acquired Property. <br />The Acquired Property is described and depicted in Exhibit "A", attached hereto. <br />B. Tenant operates a business on the Property commonly known as Rocela's Beauty <br />Salon, and is the occupant of the real property and improvements located on the Property. <br />C. The Property and the Acquired Property are located within the Bristol Street Widening <br />Project ("Project") from Pine Street to McFadden Avenue. <br />D. The Parties' rights, obligations and monetary entitlements with regard to the acquisition of <br />the Acquired Property by City are in dispute. The Parties desire to define their <br />respective rights, obligations and monetary entitlements and to resolve any and all <br />disputes pertaining to the acquisition of the Acquired Property by City upon the terms <br />and conditions as contained in this ASA. <br />E. Landlord plans to construct a replacement structure ("Replacement Structure") on the <br />lot immediately east and adjacent to the Property. This lot is identified as APN 101- <br />272-04, as more fully described and depicted in Exhibit "B" attached hereto. <br />Construction of the Replacement Structure is expected to be completed on or about <br />December 31, 2008. Tenant has been offered the opportunity to lease a unit within the <br />Replacement Structure and Tenant desires to accept this offer. <br />F. Tenant has been informed that it qualifies as a displaced person under California Code <br />of Regulations, Title 25, Division 1, Chapter 6, and is therefore eligible for relocation <br />benefits as described therein. Tenant has been informed of the City's relocation <br />program and has received written material describing City's relocation program, <br />including a General Information Notice, an Informational Brochure and a Notice of <br />Eligibility. Tenant acknowledges and agrees that it is under no legal obligation to <br />enter into this ASA, or to move into the Replacement Structure. Tenant <br />acknowledges and agrees that it has the choice to relocate from the Property to an <br />alternate site rather than to the Replacement Structure as herein proposed. <br />Acquisition Settlement Agreement <br />Page 1 of 8 <br />Tenant's Initials ~ A Landlord's Initials <br />