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Settlement Agreement for Tenant at 1607 N. Bristol <br />May 3, 2016 <br />Page 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 1990, City Council approved the Bristol Street Final Environmental Impact Statement/ <br />Environmental Impact Report (FEIS/EIR No. 89-01). Due to several minor design modifications <br />in Phase 3B, which encompasses the area between Washington Avenue and Seventeenth <br />Street, an Addendum to the FEIS/EIR was prepared and adopted by City Council on June 3, <br />2014, pursuant to the California Environmental Quality Act. <br />FISCAL IMPACT <br />Funds are appropriated in the Bristol Street Improvements Project (No. 116740) for expenditure <br />in FY 2015-2016: $7,500 in the Select Street Construction Fund (Account No. 05917661-66220) <br />and $22,500 in the Measure M2 Street Construction Fund (Account No. 03217662-66220). <br />Fr4 Mousavipour <br />Executive Director <br />Public Works Agency <br />FM/EWG/KN <br />Exhibits: 1. Location Map <br />2. Settlement Agreement <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />, cQsz ti 4 Y' f Ctp"ems <br />Francisco Gutierrez <br />Executive Director <br />Finance & Management Services Agency <br />25M-2 <br />