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ALL INCLUSIVE SETTLEMENT AGREEMENT This Agreement ("Agreement") is made by and between the City of Santa Ana Public Works Agency, a public body, coiforate and politic {"Agency") and ACME Bail Bonds ("Tenant"). The Agency and Tenant are hereinafter sometimes referred to collectively as the j "Parties." RECITALS A. Tenant operates a business, commonly known as ACME Bail Bonds, and is the occupant of real property located at 712 N. Bristol St., Santa Ana, CA (the "Property"). B. The Property has been acquired by the Agency for the Bristol Street Widening Project. Tenant currently occupies the Property under a lease dated June 28, 2001, and a lease amendment dated September 26, 2003, which commenced on October 1, 2003 and expired on October 30, 2004, (collectively, the "tease"). i C. The Parties desire to resolve aII issues relating to the Agency's acquisition of the Property in accordance with the turns and conditions set forth below. s D. The Parties acknowledge that the payment as set forth in paragraph 1(a) and other consideration given in connection with this Agreement are the result of a compromise and settlement of disputed claims, and shall never, at any time or for any purpose, be considered an admission of liability or responsibility on the part of any of the parties ~ herein released. NOW, THEREFORE, in consideration of the foregoing and of the mutual promises and covenants hereinafter set forth, it is hereby agreed by and among the Parties that: 1. Consideration I (a) The Agency shall pay to Tenant the sum of $45,000.00 (Forty Five Thousand Dollars) (Tenant Settlement Payment} as total compensation for relocation assistance and any and all related expenses and claims as more fully described in paragraph 1(b) below. Upon full execution of this Agreement, the Agency will begin processing an initial payment to Tenant in the amount of $25,000.00. The Agency will make the final payment to Tenant in the amount of $20,000.00, less any deductions described in paragraphs 1 (c) & (d) of this Agreement, after Tenant vacates the Property, signs a Certificate of Abandonment, provides all keys to the Property to the Agency or to the Agency's relocation consultant, and provides written verification that all hazardous materials have been legally and properly moved. {b) Tenant agrees, that the consideration received pursuant to paragraph 1 {a) above constitutes full satisfaction of any and all obligations of the Agency to Tenant, including, without limitation, any obligations for relocation assistance, relocation benefits, moving expenses, interest of any kind in the real estate and leasehold, 1 of 7 25J-3