Santa Ana

City Council

October 15, 2024 Item #16

Agenda Item 16

16. Purchase and Sale Agreement and Appropriation Adjustment, in the Same Amount\nfor the Sale of City­owned Real Property, Formerly Portions of 1601 and 1607 North\nBristol Street, to Bristol Center Properties, LLC; Amend Purchase and Sale\nAgreement with Bristol Center Properties to Extend the Deadline to Open A Drive­\nThru Restaurant or Drive­Thru Café at 1601 and 1607 North Bristol Street by 18\nMonths (Non­General Fund)\nDepartment(s): Public Works Agency\nRecommended Action: 1. Approve an appropriation adjustment recognizing\nrevenue in the amount of $2,989 in the Select Street Construction Fund, Sale of Land\nrevenue account for Fiscal Year 2024­25 from the sale of City­owned property\nformerly portions of 1601 and 1607 North Bristol Street and appropriating the same\namount to the OCTA Bristol Street Corridor Improvements, Improvements Other Than\nBuilding expenditure account. Receipt of Measure M Street Construction proceeds in\nthe amount of $6,811 will be disbursed to the Orange County Transportation Authority\n(OCTA). (Requires five affirmative votes)\n2. Approve an amendment to the Fiscal Year 2024­25 Capital Improvement Program\nto include $2,989 of funding into the Bristol Street Improvements Project (No. 11­\n6741).\n3. Authorize the City Manager to execute a purchase and sale agreement with Bristol\nCenter Properties, LLC for the sale of 392 square feet of City­owned property\nformerly portions of 1601 and 1607 North Bristol Street (APN 405­252­21 & 22), in\nthe amount of $9,800 (Agreement No. A­2024­XXX).\n4. Authorize the City Manager to execute the first amendment to the agreement with\nBristol Center Properties to extend the deadline to open for business to the public for\na drive­thru restaurant or drive­thru café at 1601 and 1607 North Bristol Street by 18\nmonths (Agreement No. A­2024­XXX).