Laserfiche WebLink
REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />DECEMBER 20, 2016 <br />TITLE: <br />APPROVE PURCHASE AGREEMENT <br />FOR BRISTOL STREET IMPROVEMENTS <br />PHASE 3A <br />(PROJECT 136792 NONGENERAL FUND) <br />RECOMMENDED ACTION <br />CLERK OF COUNCIL USE ONLY: <br />APPROVED <br />© As Recommended <br />As Amended <br />❑ <br />Ordinance on t®' Reading <br />Ordinance on 2nd Reading <br />[] <br />Implementing Resolution <br />Q <br />Set Public Hearing For <br />CONTINUED TO <br />FILE NUMBER <br />Authorize the City Manager and Clerk of the Council to execute a purchase agreement for the <br />purchase price for the full real property acquisition listed below and goodwill (if any) with the <br />following property owner, subject to nonsubstantive changes approved by the City Manager and <br />City Attorney: <br />No. Property Owner Property commonly known as / Acquisition Amount <br />Assessors Parcel Number Type <br />1221 North Bristol Street & <br />1 George De Anda 1240 West Washington Avenue Full $1,300,000 <br />APN Nos. 405-274-12: 405-274-13 <br />DISCUSSION <br />Bristol Street is a north -south transportation corridor designated as a major arterial highway in the <br />City's Circulation Element of the General Plan. Improving the 3.9 -mile Bristol Street segment <br />from Warner Avenue to Memory Lane has been a long-term priority that is being constructed in <br />several phases. Improvements include widening the street from two to three lanes in each <br />direction, raised landscape medians, and bike lanes. The City is acquiring properties for the <br />development of Phase 3A, bounded by Civic Center Drive and Washington Avenue. Property <br />acquisitions for this phase are expected to be completed by spring 2017 and construction is <br />anticipated to begin in summer 2017. <br />Property acquisition (Exhibit 1) is necessary to accommodate the improvements and widening for <br />Phase 3A. A purchase offer was made based on the appraised values prepared by a State <br />licensed appraiser and was accepted by the property owner. The purchase price for the <br />acquisition mentioned above is shown in the corresponding agreement (Exhibits 2). <br />25G-1 <br />