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Public Hearing & Resolution Authorizing Condemnation <br />of Real Property for 1501 N. Bristol Street <br />January 20, 2015 <br />Page 2 of 2 <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 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 />Statement / Environmental Impact Report (EIS No. 89 -01) approved in 1990 and in Addendum to <br />FEIS /EIR adopted by council on June 3, 2014. <br />FISCAL IMPACT <br />Funds are appropriated in the Select Street Construction Fund (Account 05917661- 66220) <br />and Measure M2 Street Construction Fund (Account 03217662 - 66220). <br />Public Works Agency <br />FM /EWG /KN <br />Exhibits: 1. Location Map <br />2. Offer Letter <br />3. Resolution of Necessity <br />APPROVED AS TO FUNDS AND ACCOUNTS <br />Francisco Gutierrez <br />Executive Director <br />Finance & Management Services Agency <br />75A -2 <br />