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Purchase Agreement with Phan for the <br />Bristol Street Improvements Project <br />August 5, 2014 <br />Page 2 of 2 <br />Relocation Guidelines, the owners are also entitled to relocation benefits and related expenses <br />totaling $200,000. <br />STRATEGIC PLAN ALIGNMENT <br />Approval of this item supports the City's efforts to meet Goal #6 Community Facilities & <br />Infrastructure, Objective #1 (establish and maintain a Community Investment Plan for all City <br />assets), Strategy G (develop and implement the City's Capital Improvement Program in <br />coordination with the Community Investment and Deferred Maintenance Plans). <br />Approval of this item also supports the City's efforts to meet Goal #3 Economic Development, <br />Objective #2 (create new opportunities for business /job growth and encourage private <br />development through new General Plan and Zoning Ordinance policies), Strategy C (support <br />business development and job growth along transit corridors through the completion of critical <br />transit plans /projects). <br />ENVIRONMENTAL IMPACT <br />In 1990, City Council approved these proposed improvements as the Bristol Street Final <br />Environmental Impact Statement/Environmental Impact Report (FEIS /EIR No. 89 -01). Since the <br />adoption of the 1990 FEIS /EIR, due to several minor design modifications at Phase 1116 between <br />Washington Avenue and Seventeenth Street, an Addendum to the FEIS /EIR was prepared and <br />adopted according to the California Environmental Quality Act by City Council on July 1, 2014. <br />FISCAL IMPACT <br />Funds are appropriated in the Select Street Construction Fund account (No. 05917661- 66220) and <br />Measure M2 Street Construction Fund account (No. 03217662 - 66220). <br />Edwin "William" Galvez, P.E. <br />Interim Executive Director <br />Public Works Agency <br />EWG /KN <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />Francisco Gutierrez <br />Executive Director <br />Finance & Management Services Agency <br />Exhibits: 1. Location Map <br />2. Purchase Agreement <br />3. All- Inclusive Settlement Agreement <br />25J -2 <br />