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A-2013-086 <br />LOSS OF BUSINESS GOODWILL SETTLEMENT AGREEMENT <br />This Agreement ("Agreement") is made by and between the City of Santa Ana, a public <br />body, corporate and politic ("Agency") and ANTONIA GONZALEZ DBA LA ESTRELLITA <br />("Tenant"). The Agency and Tenant are hereinafter sometimes referred collectively as the <br />"Parties." <br />-:3 RECITALS <br />2 <br />A. Tenant operates a business, commonly known as La Estrellita, and was the occupant <br />Y of real property located at 208B N. Grand Avenue, Santa Ana, CA (the "Property"). <br />_Q-) B. The Property is being acquired by the Agency for the Grand Avenue Widening <br />Project. Tenant occupied the Property at the initiation of negotiations to acquire the <br />© fee interest of the Property. <br />C. The Parties desire to resolve all issues relating to the Agency's acquisition of the <br />Property in accordance with the terms and conditions set forth below. <br />D. The Parties acknowledge that the payment as set forth in Section 1(a) and other <br />consideration given in connection with this Agreement are the result of a negotiated <br />agreement between the parties. <br />NOW, THEREFORE, in consideration of the foregoing and of the mutual promises and <br />covenants hereinafter set forth, it is hereby agreed by and among the Parties that: <br />1. Consideration <br />(a) The Agency shall pay to Tenant the sum of $12,962.00 (Twelve Thousand Nine <br />Hundred and Sixty-two Dollars) (Tenant Settlement Payment) as total <br />compensation for goodwill loss. Upon full execution of this Agreement, the <br />Agency will begin processing a payment, payable to "La Estrellita" in the amount <br />of $12,962.00. <br />(b) Tenant agrees, that the consideration received pursuant to paragraph I(a) above <br />constitutes full satisfaction of any and all obligations of the Agency to Tenant for <br />loss of business goodwill. <br />(c) Tenant vacated the premises on March 22, 2013. <br />2. Release <br />(a) Nothing contained herein shall constitute a release or discharge by either party for <br />any of the undertakings of the other party to this Settlement Agreement. This <br />Agreement shall serve as a full release and discharge by the Parties, on behalf of <br />themselves, their agents, representatives, assigns, trustees, administrators, <br />attorneys, heirs, relatives, spouses, ex-spouses, beneficiaries, and successors in <br />interest, in consideration of the mutual covenants and promises contained herein, <br />1 of6