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REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />MAY 17, 2016 <br />TITLE: <br />PURCHASE AGREEMENTS FOR BRISTOL <br />STREET IMPROVEMENTS PHASE 4 <br />(PROJECT NO. 116741 NONGENERAL <br />FUND) <br />(STRATEGIC PLAN NOS. 6, 1G; 3,2C) <br />CITY MANAGERO <br />RECOMMENDED ACTION <br />CLERK OF COUNCIL USE ONLY: <br />,0 <br />❑ As Recommended <br />As Amended <br />CI Ordinance on I" Reading <br />❑ Ordinance on 2nd Reading <br />❑ Implementing Resolution <br />171 Set Public Hearing For <br />CONTINUED TO <br />FILE NUMBER <br />Authorize the City Manager and Clerk of the Council to execute Purchase Agreements, subject to <br />nonsubstantive changes approved by the City Manager and City Attorney, for the full purchase <br />price of real property listed below, and goodwill (if any), with the following property owners: <br />No. Property Owner Property commonly <br />Acquisition Amount <br />known as / location <br />Type <br />1 Takai, LLC 2034 South Bristol Street <br />Full $548,000 <br />_ (APN 408- 334 -01) <br />Acquisition <br />2 Jesus Bernal 1301 West Glenwood Place <br />Full $575,000 <br />(APN 408- 333 -18) <br />Acquisition <br />3 Juan A. Fernandez 1242 West Carlton Place Partial $2,050 <br />(APN 015 - 233 -10) Acquisition <br />DISCUSSION <br />Bristol Street is a major north -south transportation facility which is designated as a major arterial <br />highway in the City's Circulation Element of the General Plan. Improving the 3.9-mile Bristol <br />Street segment from Warner Avenue to Memory Lane has been a long -term priority project that is <br />being constructed in several phases. Improvements include widening the street from two to three <br />lanes in each direction, raised landscape medians, and bike lanes. Public Works Agency staff is <br />acquiring properties for the development of Phase 4, bounded by Warner Avenue and Saint <br />Andrew Place. Property acquisitions for this phase are expected to be completed by spring <br />2017, and construction is anticipated to begin in summer 2017. <br />To accommodate the improvements and widening for Phase 4, the full and partial property <br />acquisitions are necessary (Exhibit 1). The offers, based on the appraised value prepared by a <br />25F -1 <br />