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ATTACHMENT <br />G • ►iCfiF�f���� <br />SUMMARY STATEMENT ACCOMPANYING OFFER RELATING TO <br />ACQUISITION PROCEDURES FOR PURCHASE OF REAL PROPERTY OR <br />AN INTEREST THEREIN <br />You are entitled to receive full payment prior to vacating the real property being <br />purchased unless you have heretofore waived such entitlement. You are not required <br />to pay recording fees, transfer taxes, or the pro rata portion of real property taxes <br />which are allocable to any period subsequent to the passage of title or possession. <br />1. The holders of liens, deeds of trust or other security interests in your property <br />and /or any leases or tenants of your property may be entitled to all or a portion of <br />the consideration to be paid by the City of Santa Ana ( "City') for your property in <br />accordance with the particular contract(s) existing between you and the lien holder <br />or lessee /tenant. <br />2. All buildings, structures, and other improvements affixed to the land described <br />in the reference documents covering this transaction and owned by the grantor <br />herein or, if applicable, owned by you as a tenant are not being conveyed unless <br />other disposition of these improvements has been made. The interest acquired is <br />fee title. <br />3. The amount determined to be just compensation was determined after <br />consideration of an appraisal of the fair market value of the Parcel. The basis for <br />the amount determined to be just compensation is summarized on the attached <br />Appraisal Summary Statement (Statement of Just Compensation) and the amount <br />of the Purchase Price: <br />a. Is the full amount believed by the City to be just compensation for the <br />property taken; <br />b. Is not less than the approved appraisal of the fair market value of the <br />property as improved; <br />c. Disregards any decrease or increase in the fair market value of the <br />public improvement for which the property is to be acquired for such <br />public improvement, other than that due to physical deterioration within <br />the reasonable control of the owner or occupant; and <br />75A -22 <br />