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Settlement Agreement with Western Dental for <br />Grand Avenue Widening Project <br />July 15, 2013 <br />Page 2 of 2 <br />to the relocation of the business (Exhibit 2). The compensation amount for this property is the <br />appraised value prepared by an appraiser licensed by the State of California. <br />ENVIRONMENTAL IMPACT <br />In accordance with the California Environmental Quality Act, the proposed project has been <br />determined to be adequately evaluated in the previously prepared Final Environmental Impact <br />Report (SCH No. 1998051068) approved by the City Council in 2002. In accordance with the <br />National Environmental Policy Act, an Environmental Assessment document with a Finding of No <br />Significant Impact was prepared for the proposed project and approved by the California <br />Department of Transportation and Federal Highway Administration in 2011. <br />FISCAL IMPACT <br />Funds to cover the recommended settlement agreement payouts are appropriated in the Measure <br />M2 Street Construction Fund (Account 03217662-66220). <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />Raul Godinez II, Francisco Gutierrezy <br />Executive Directo` Executive Director <br />Public Works Agency Finance & Management Services Agency <br />RG/KN <br />Exhibits: 1. Location Map <br />2. Agreement <br />25F-2