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Acquisition Settlement Agreements <br />For 1007-1011 S. Bristol <br />June 2, 2008 <br />Page 2 <br />percent, due to savings in the cost of the acquisition and a minimal loss <br />of business goodwill. <br />The construction of the new retail building will not interfere with the <br />street widening project and will start early 2009. <br />gNVIRONMI3NTAL IMPACT <br />In accordance with the California Environmental Quality Act, the proposed <br />project has been determined to be adequately evaluated in the previously <br />prepared Environmental Impact Report/Environmental Impact Assessment EIR <br />No. 89-01 approved by City Council in 1990. <br />FISCAL IMPACT <br />Funds are appropriated in the Select Street Construction Fund (account no. <br />59-553-6611). <br />L <br />James G. Ross <br />Executive Director <br />Public Works Agency <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />/„~Francisco Gutierrez FB <br />~D Executive Director <br />Finance & Mgmt. Services Agency <br />25Q-2 <br />