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pp pp) <br />11`4EiU1`SAYt�GE € OT i l '111RED <br />WOHK MAY PROCEED <br />CLERK OF COUNCi <br />a,,aTE MAR 0 <br />b�? t+ A (o <br />1-.e.'V kcsL.1 a f 4,'L - <br />SELL ALL (NO SALVAGE) <br />Project: Bristol Street Imnro)ementPrajeot— <br />Phase 4 <br />APN: 015-194-28 <br />Tenant -Seller: Dianne Rose Mendez, Orange <br />County Communityding Inc. & Javier <br />Mendez dba J.M Realty <br />AGREEMENT FOR ACQUISITION OF TENANT -SELLER'S <br />INTEREST IN REAL PROPERTY <br />PHIS AGREEMENT ("Agreement") is entered <br />N•'� 2018, by and between THE CITY C <br />,m____.4 unlcipal corporation duly organized under the Constitution <br />("Buyer"), and Dianne Rose Mendez, Orange County <br />Mendez dba J.M. Realty (collectively "Tenant -Seller") fol <br />interests in real property described herein. <br />into as of this ffiV day of <br />F SANTA ANA, a charter city and <br />and laws of the State of California <br />'ommunity Funding. Inc.. Javier <br />the acquisition by Buyer of certain <br />IT IS HEREBY AGREED BETWEEN THE PARTIES AS FOLLOWS: <br />1. AGREEMENT. Tenant -Seller agrees to sell and convey to Buyer, and Buyer agrees <br />to purchase and acquire from Tenant -Seller, upon the terms and for the consideration set forth in <br />this Agreement, (a) all right, title and interest, in and to certain improvements, including fixtures <br />and equipment (collectively "Improvements") located in, on, or affixed in any manner to the <br />premises known and numbered as 2223 S. Bristol Street, Santa Ana, California ("Premises") which <br />Premises are part of that real property described in Exhibit A attached hereto, located in the City of <br />Santa Ana, Orange County, California ("Property"), and (b) any tenancy interest of Tenant -Seller <br />("'Tenancy Interest") in and to the Premises and the Property, and (c) any and all goodwill of <br />Tenant -Seller's business on the Premises. The Improvements to be conveyed by Tenant -Seller are a <br />part of the Premises, and specifically include, without limitation, the items described in the list of <br />Improvements Pertaining to the Realty attached hereto as Exhibit B and Movable Equipment hereto <br />as Exhibit C. <br />2. PURCHASE PRICE. The total purchase price, payable in cash through this <br />Agreement, shall be the sum of: FIFTY-ONE THOUSAND NINE HUNDRED EIGHTY AND <br />NO/100 DOLLARS ($51, 980.00) ("Purchase Price") which is computed as follows: <br />Value of Conveyed Improvements as shown on Exhibit B (owned by Diane $9,010.00 <br />Rose Mendez) <br />$12,970.00 <br />Value of Moveable Equipment as shown on Exhibit C (owned by Javier <br />Mendez) <br />Loss of Business Goodwill $30,000.00 <br />'TOTAL AMOUNT PAYABLE THROUGH THIS AGREEMENT $51,980.00 <br />