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<br /> <br /> <br /> <br /> REQUEST FOR <br /> COUNCIL ACTION <br /> <br /> <br /> CITY COUNCIL MEETING DATE: CLERK OF COUNCIL USE ONLY: <br /> <br /> JUNE 18, 2007 JUN 18 2007 <br /> <br /> TITLE: APPROVED <br /> PURCHASE AGREEMENTS FOR eAs Recommended <br /> BRISTOL STREET CORRIDOR ? As Amended <br /> ? Ordinance on 151 Reading <br /> (PROJECT 06-1500) ? Ordinance on 2nd Reading <br /> ? Implementing Resolution <br /> ? Set Public Hearing For <br /> CONTINUED TO <br /> FILE NUMBER (C <br /> CITY MANAGER <br /> i <br /> <br /> RECOMMENDED ACTION <br /> <br /> Direct the City Attorney to prepare and authorize the City Manager <br /> and Clerk of the Council to execute agreements with: <br /> Juan Argota and Luis Romero for the purchase of the <br /> residential property located at 921 N. Bristol in the amount <br /> of $485,000; <br /> <br /> Jorge and Anabel Mejia for the purchase of the residential <br /> property located at 902 S. Bristol in the amount of $620,000. <br /> <br /> DISCUSSION <br /> <br /> On May 7, 2007 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 /> islands, traffic improvements, drainage structures, sound walls, and <br /> other amenities as outlined in the Specific Plan. To accommodate the <br /> widening, the acquisition of entire properties, as listed above, are <br /> required (Exhibit 1). The purchase amounts are the appraised value <br /> prepared by an appraiser licensed in the State of California. <br /> EDtVIRTAI. I!lEPACT <br /> In accordance with the California Environmental Quality Act, the <br /> proposed project has been determined to be adequately evaluated in <br /> the previously prepared Environmental Impact Report/Environmental <br /> Impact Assessment EIR No. 89-01 approved by City Council in 1990. <br />