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INSURANCE NOT REQUIRED A-2016-271 <br />WORK MAY PROCEED <br />CLERK OF COUNCIL <br />DATE /-11-1? <br />SELL AND SALVAGE - <br />Project: Bristol Street Improvement Project <br />— Phase 3A <br />APN: 405-274-10 <br />Tenant-Seller: Alejandra Gonzalez dba La Modele <br />AGREEMENT FOR ACQUISITION OF TENANT-SELLER'S <br />INTEREST IN REAL PROPERTY <br />THIS AGREEMENT ("Agreement") is entered into as of this 12day of <br />o L1 LY 2016, by and between THE CITY OF SANTA ANA, a charter city and <br />municipal cdrporation duty organized under the Constitution and laws of the State of California <br />("Buyer"), and ALEJANDRA GONZALEZ DBA LA MODELS ("Tenant -Seller") for the <br />acquisition by Buyer of certain interests in real property described herein. <br />IT IS HEREBY AGREED BETWEEN THE PARTIES AS FOLLOWS: <br />1. AGREEMENT. Tenant -Seller agrees to sell and convey to Buyer, and Buyer <br />agrees to purchase and acquire from Tenant -Seller, upon the terms raid for the consideration set <br />forth in this Agreement, (a) all tight, title and interest, in and to certain improvements, including <br />fixtures and equipment (collectively "Improvements") located in, on, or affixed in any manner <br />to the premises known and numbered as 1111 N. Bristol Street, Suite # B, Santa Ana, California <br />("Premises") which Premises are part of that real property described in Exhibit A attached <br />hereto, located in the City of Santa Ana, Orange County, California ("Property"), and (b) any <br />tenancy interest of Tenant -Seller ("Tenancy Interest") in and to the Premises and the Property. <br />The Improvements to be conveyed by Tenant -Seller are a part of the Premises, and specifically <br />include, without limitation, the items described in the list of Improvements Pertaining to the <br />Realty attached hereto as Exhibit B, The Conveyed Improvements and the Retained <br />Improvements are collectively referred to as the "Improvements". <br />2. PURCHASE PRICE. The total purchase price, payable in cash through this <br />Agreement, shall be the sum of: TEN THOUSAND TWO HUNDRED SIXTEEN AND <br />NO/100 DOLLARS ($10,216.00) ("Purchase Price") which is computed as follows: <br />Value of Conveyed Improvements as shown on Exhibit B <br />Less the Salvage Value thereof <br />$10,280.00 <br />$64.00 <br />TOTAL AMOUNT PAYABLE THROUGfI TI -IIS AGREEMENT $10,216.00 <br />