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REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />JANUARY 4, 2011 <br />TITLE: <br />PURCHASE AND SETTLEMENT <br />AGREEMENTS FOR BRISTOL STREET <br />CORRIDOR (PROJECT NO. 081700) <br />CITY MANAGER <br />RECOMMENDED ACTION <br />CLERK OF COUNCIL USE ONLY: <br />APPROVED <br />? As Recommended <br />? As Amended <br />? Ordinance on 1st Reading <br />? Ordinance on 2nd Reading <br />? Implementing Resolution <br />? Set Public Hearing For_ <br />CONTINUED TO <br />FILE NUMBER <br />Authorize the City Manager and Clerk of the Council to execute the attached agreements, subject <br />to nonsubstantive changes approved by the City Manager and City Attorney: <br />• Jonathan & Delia Silva, for the purchase of the property located at 918 North Bristol Street in <br />the amount of $792,000. <br />• Oro Corporation dba Silva & Silva Enterprises for acquisition settlement for the business at <br />918 North Bristol in the amount of $228,000. <br />• NCADD-OC (National Council on Alcoholism & Drug Dependence, Inc.) for acquisition <br />settlement for the business located at 1631 North Bristol Street in the amount of $26,040. <br />DISCUSSION <br />On March 6, 2006, the City Council approved the cooperative agreement between the City and the <br />Orange County Transportation Authority to fund Bristol Street improvements from Warner Avenue <br />to Seventeenth Street. The first phase of the project, between Pine Street and McFadden Avenue, <br />is under construction and is expected to be completed by January 2011. Public Works is acquiring <br />property for the second phase of the project, between Third Street and Civic Center Drive, as well <br />as the intersection of Bristol and Seventeenth Streets. <br />To accommodate the widening for the second phase, acquisition of the entire property located at <br />918 North Bristol is required (Exhibit 1). In addition, settlement agreements have been reached <br />with Silva Enterprises for the acquisition of the business at 918 North Bristol and with the tenant at <br />1631 North Bristol for relocation benefits. The compensation amounts are the appraised values <br />prepared by an appraiser licensed by the State of California. <br />25H-1