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SR - - PURCHASE PROPERTY AT 120 N TUSTIN STREET1. SUBJECT Purchase of a portion of the property at 120 N. Tustin Street for the purpose of street widening for the purchase price of $18,900, plus related escrow costs. 2. SUMMARY The parcel is necessary for the street widening of Chapman Avenue at Tustin Street Right Turn Lane Improvements (SP- 3932). 3. RECOMMENDED ACTION 1. Approve the purchase of a portion of the property at 120 N. Tustin Street, and 2. Authorize the Mayor and City Clerk to execute the necessary escrow and related documents. 4. FISCAL IMPACT Funds are budgeted and available in the following accounts: 550.5011.56330.13228 Chapman/Tustin Critical Intersection $ 14,175 284.5011.56330.13228 Chapman/Tustin Critical Intersection $ 4,725 (TSIP B — West Orange Total $ 18,900 1 5. STRATEGIC PLAN GOAL(S) Provide for a safe community — b. Provide and maintain infrastructure necessary to ensure the safety of the public. 2. Be a fiscally healthy community — d. Effectively manage and develop City assets. ITEM 1 7/11/2017 6. GENERAL PLAN IMPLEMENTATION Circulation and Mobility Element Goal 1.0: Provide a safe, efficient, and comprehensive circulation system that serves local needs, meets forecasted demands and sustains quality of life in neighborhoods. Policy 1.2: Identify key intersections and streets with historical or projected traffic congestion problems and apply creative management measures to improve overall circulation. 7. DISCUSSION and BACKGROUND The intersection of Tustin Street and Chapman Avenue has been widened on three of the four corners to accommodate high traffic volume. The City has recently received grant funding from OCTA through the Intersection Capacity Enhancement (ICE) program to improve the remaining northwest corner of the intersection. The 139 s.f. right -of -way required for this project is located at the driveway entrance and landscaped area on the south side of the Friar Tux Shop building at 120 N. Tustin Street. The temporary construction easement will allow the project contractor to do work on their driveway to make a smooth transition to the new sidewalk and street, relocate the sign, and replace any landscaping and irrigation systems disturbed during the project. The project will not impact any existing parking spaces. The 90 day project is expected to take place in 2018. We had the property appraised by an independent appraiser. The appraised value was $13,900 in our written offer to the property owner. After some negotiation with the property owner, they have agreed to accept total compensation for the property in the amount of $18,900. Sections 1230.010 et. Seq. to the California Code of Civil Procedure establishes the authority for designated agencies to acquire property necessary for public use. Staff recommends the approval of the property purchase by City Council for $18,900. 8. ATTACHMENTS • Purchase Offer and Temporary Construction Easement • Counter Offer From Property Owner • Location Map