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PENA, RAYMUNDO DBA IMAGEN BEAUTY (TENANT) - 2012
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PENA, RAYMUNDO DBA IMAGEN BEAUTY (TENANT) - 2012
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3/5/2013 4:11:49 PM
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Company Name
PENA, RAYMUNDO DBA IMAGEN BEAUTY (TENANT)
Contract #
A-2012-204
Agency
PUBLIC WORKS
Council Approval Date
10/1/2012
Destruction Year
0
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A-2012-204 <br /> <br />SELL ALL (NO SALVAGE) <br />Project: Grand Avenue Widening Project <br />APN: 398-454-12 & 13 <br />Tenant-Seller: Raymundo Pena dna <br />Imagen Beauty <br />AGREEMENT FOR ACQUISITION OF TENANT-SELLER'S <br />INTEREST IN REAL PROPERTY <br />THIS AGREEMENT ("Agreement") is entered into as of this 0 day of <br />2012, by and between THE CITY OF SANTA ANA, a charter city and <br />municipal] corporation duly organized under the Constitution and laws of the State of California <br />("Buyer"), and RAYMUNDO PENA DBA IMAGEN BEAUTY ("Tenant-Seller") for the <br />acquisition by Buyer of certain interests in real property described herein. <br />IT IS HEREBY AGREED BETWEEN THE PARTIES AS FOLLOWS: <br />1. AGREEMENT. Tenant-Seller agrees to sell and convey to Buyer, and Buyer <br />agrees to purchase and acquire from Tenant-Seller, upon the terms and for the consideration set <br />forth in this Agreement, (a) all right, title and interest, in and to certain improvements, including <br />fixtures and equipment (collectively "Improvements") located in, on, or affixed in any manner <br />to the premises known and numbered as 1221 E. First Street #D Santa Ana, California <br />("Premises") which Premises are part of that real property described in Attachment "1" attached <br />hereto, located in the City of Santa Ana, Orange County, California ("Property"), and (b) any <br />tenancy interest of Tenant-Seller ("Tenancy Interest") in and to the Premises and the Property. <br />The Improvements to be conveyed by Tenant-Seller are a part of the Premises, and specifically <br />include, without limitation, the items described in the list of Improvements Pertaining to the <br />Realty attached hereto as Attachment "2". <br />2. PURCHASE PRICE. The total purchase price, payable in cash through this <br />Agreement, shall be the sum of. SEVENTEEN THOUSAND FOUR HUNDRED AND <br />FIFTEEN NO/100 DOLLARS ($17,415.00) ("Purchase Price") <br />3. CONVEYANCE OF INTEREST IN REAL PROPERTY. Tenant-Seller agrees to <br />execute a Quitclaim Deed in the same form as that attached hereto as Attachment "3" in favor of <br />Buyer ("Quitclaim Deed"), relinquishing, releasing, and forever quitclaiming to Buyer all right <br />title and interest in and to the Tenancy Interest. <br />4. Tenant-Seller will vacate the property by September 30, 2012. Any and all rents <br />owed to the City of Santa after the date of vacate will be deducted from the Purchase Price. <br />5. CONVEYANCE OF INTEREST IN IMPROVEMENTS. The Quitclaim Deed <br />will also convey from Tenant-Seller to Buyer all of Tenant-Seller's interest in and to the <br />Improvements, which conveyance shall be free and clear of all recorded and unrecorded <br />encumbrances, liens, assessments, leases, and taxes. Unless otherwise provided, recording of the <br />Quitclaim Deed and Closing (as defined below) of the transaction described herein shall be <br />subject to Tenant-Seller's vacation of the Premises and proof of clear title to all said
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