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ATTACHMENT <br />75B -9 <br />405- 252 -20 <br />Assessor's Parcel: <br />Property Owner: <br />McDonald's Corporation, a Delaware Corporation <br />Property Address: <br />1501 North Bristol Street <br />Santa Ana, California <br />Location of Parent Property: <br />East side of Bristol Street, beginning 460± south of 17th Street, within <br />the City of Santa Ana <br />Description of Parent Property: <br />The property is presently improved with a fast food restaurant of <br />wood frame and stucco construction. The building contains 2,510 <br />square feet, has additional basement storage area, and was <br />originally constructed in 1988±. Other appurtenant on -site <br />improvements located within the boundaries of the subject parcel <br />include a trash enclosure, asphalt paving, concrete paving, concrete <br />curbing, concrete block walls, wrought iron fencing, business <br />signage, metal bollards (auto stops), concrete auto stops, marked <br />automobile parking spaces, and irrigated landscaping. The <br />development is situated on a parcel containing 40,501 square feet of <br />land area. <br />Zoning: <br />C -5 (arterial commercial) <br />Topography: <br />Effectively level topography <br />Utilities: <br />In place at site <br />Highest and Best Use: <br />Highest and best use is defined as the reasonably probable and legal <br />use of land, which is legally permissible, physically possible, and <br />financially feasible that results in the highest value. Highest and <br />best use analysis is used in the appraisal process to identify <br />comparable properties and, where applicable, to determine whether <br />the existing improvements should be retained, renovated, or <br />demolished. The results of the highest and best use analysis are: <br />As if Vacant: Commercial use <br />As improved: Existing use <br />Date of Value: <br />January 8, 2014 <br />Public Use for Property: <br />Bristol Street Widening Improvement Project <br />Estate to be Acquired: <br />Permanent (perpetual) roadway easement <br />Legal Description: <br />The legal description of the acquisition area was prepared by Bickel <br />Underwood, Architects. <br />Area to be Acquired: <br />Permanent roadway area: 4,550 square feet <br />Total Just Compensation: <br />$1,132,000 <br />75B -9 <br />