25C - AGMT - 510 E 2ND ST SALE - Laserfiche WebLink

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REQUEST FOR COUNCIL ACTION CITY COUNCIL MEETING DATE: SEPTEMBER 15, 2015 TITLE: AGREEMENT BETWEEN THE CITY OF SANTA ANA AND RUPERT AKOUBIAN FOR THE SALE OF LAND AT 510 E. SECOND STREET (STRATEGIC PLAN NO. 3,3) cz, /n-C CITY MANAGER RECOMMENDED ACTION CLERK OF COUNCIL USE ONLY: ❑ As Recommended ❑ As Amended ❑ Ordinance on I" Reading ❑ Ordinance on 2n° Reading ❑ implementing Resolution ❑ Set Public Hearing For CONTINUED TO FILE NUMBER Authorize the City Manager and Clerk of the Council to execute the attached agreement between the City of Santa Ana and Rupert Akoubian, for the sale of real property located at 510 East Second Street for $40,000, subject to non - substantive changes approved by the City Manager and City Attorney. DISCUSSION In July 2015 the City became aware that the parking lot property at 506 East Second Street had been enclosed, and was being used by the Orange County Auto Parts business located at 515 East First Street. Although this property was acquired in 2010 by Mr. Akoubian, the former Redevelopment Agency continued to hold the deed on a small portion of the lot until it was transferred to the City in 2012. The City contacted Mr. Akoubian and offered to sell the 971 square foot remnant parcel located at 510 East Second Street (APN 398 - 491 -40) as it was no longer needed for public purposes. On July 29, 2015, the City received a letter from Mr. Akoubian expressing an interest in purchasing the property to expand his business and to provide increased safety for both customers and vendors. The agreed upon purchase price for this remnant parcel is $40,000. STRATEGIC PLAN ALIGNMENT Approval of this item supports the City's efforts to meet Goal #3 Economic Development, Objective #3 (Promote a solutions -based customer focus in all efforts to facilitate development and investment in the community). 25C -1