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REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />APRIL 17, 2018 <br />TITLE: <br />APPROVE SETTLEMENT AGREEMENT <br />WITH NANCY FAINBARG CHASE AND <br />STEVEN FAINBARG AND EAST END <br />REALTY PARNTERS, LP FOR PORTIONS <br />OF REAL PROPERTY AT 201 E. FOURTH <br />STREET, 219 E. FOURTH STREET, AND <br />300 E. FIFTH STREET <br />(STRATEGIC PLAN NO. 4, 1) <br />RECOMMENDED ACTION <br />CLERK OF COUNCIL USE ONLY: <br />❑ As Recommended <br />❑ As Amended <br />❑ Ordinance on 16' Reading <br />❑ Ordinance on 2nd Reading <br />❑ Implementing Resolution <br />❑ Set Public Hearing For <br />CONTINUED TO <br />FILE NUMBER <br />Authorize the City Manager and Clerk of the Council to execute a settlement agreement with <br />Nancy Fainbarg Chase and Steven Fainbarg and East End Realty Partners, LP to modify real <br />property boundaries at 201 E. Fourth Street, 219 E. Fourth Street, and 300 E. Fifth Street (APNs <br />398-327-01, 06, 07, 08, 09), subject to non -substantive changes approved by the City Manager <br />and City Attorney. <br />DISCUSSION <br />During the 1980's, the City and the Santa Ana Community Redevelopment Agency (CRA) <br />coordinated with Fiesta Marketplace Partners to redevelop what was the Fiesta Marketplace <br />area of downtown, including the block bordered by Fourth Street, Fifth Street, Bush Street and <br />Spurgeon Street. The improvements to the block consisted of construction of a parking structure <br />at 300 E. Fifth Street, a new two-story building at 201 E. Fourth Street, and refurbishment of the <br />building at 219 E. Fourth Street. A drive aisle was also constructed to serve as rear access to <br />the 201 E. Fourth Street building. <br />Prior to the improvements, lots were assembled through purchase by the City, CRA, Nancy <br />Fainbarg Chase and Steven Fainbarg, and Fiesta Marketplace Partners. The lot configuration in <br />place at the time of development did not conform to the newly built structures (Exhibit 1). The <br />City currently owns the parking structure at 300 E. Fifth Street (APNs 398-327-01, 07, and 08), <br />Nancy Fainbarg Chase and Steven Fainbarg own the property at 219 E. Fourth Street (APN 398- <br />327-06), and East End Realty Partners, LP owns the property at 201 E. Fourth Street (APN 398- <br />327-09). Although the intent of the project was to adjust the property boundaries to align with the <br />25E-1 <br />