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REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />OCTOBER 18, 2016 <br />TITLE: <br />PURCHASE AGREEMENT FOR REAL <br />PROPERTY ACQUISITION FOR BRISTOL <br />STREET IMPROVEMENTS PHASE 4 <br />(PROJECT NO. 116741 NONGENERAL <br />FUND) <br />{STRATEGIC PLAN NOS. 6, 1G; 3, 2C} <br />X,,� <br />J C TY MANAG <br />RECOMMENDED ACTION <br />CLERIC OF COUNCIL USE ONLY: <br />APPROVED OCT 1 6 2016, )'5 <br />EA As Recommended <br />❑ As Amended <br />❑ Ordinance on 1®` Reading <br />❑ Ordinance on 2nd Reading <br />❑ Implementing Resolution <br />❑ Set Public Hearing For <br />CONTINUED TO <br />PILE NUMBER _ A.aDlb 3®a <br />Authorize the City Manager and Clerk of the Council to execute a Purchase Agreement for the <br />purchase price of the partial real property acquisition listed below, a temporary construction <br />easement, and goodwill (if any) with the property owner, subject to nonsubstantive changes <br />approved by the City Manager and City Attorney: <br />No. Property Owner Property commonly Acquisition Amount <br />known as / location Type <br />1 Benjamin Lopez, Jr. 1306 West Carlton Place Partial $11,100 <br />(APN 408-333-02) <br />DISCUSSION <br />Bristol Street is a 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, raising landscape medians, and adding bike lanes. The City is acquiring <br />properties for the development of Phase 4, bounded by Warner Avenue and Saint Andrew Place. <br />Property acquisitions for this phase are expected to be completed by spring 2017, and <br />construction is anticipated to begin in summer 2017. <br />This property acquisition is necessary to accommodate the improvements and widening for <br />Phase 4 (Exhibit 1). A purchase offer was made based on appraised value prepared by a <br />California State licensed appraiser and was accepted by the property owner. The compensation <br />amount is listed above and shown in the attached agreement (Exhibit 2). <br />