Laserfiche WebLink
Purchase Agreements for Bristol Street Improvements Phase 4 <br />May 17, 2016 <br />Page 2 <br />licensed appraiser in the State of California, were made and accepted by the respective property <br />owners. The compensation amounts are shown in the corresponding agreements (Exhibits 2, 3 <br />and 4). <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 <br />Statement/Environmental Impact Report (FEISIEIR No. 89 -01). Due to several minor design <br />modifications in Phase 4, which lies between Warner Avenue and St. Andrew Place, an <br />Addendum to the FEIS /EIR was prepared and adopted pursuant to the California Environmental <br />Quality Act by City Council on April 7, 2015. <br />FISCAL IMPACT <br />Funds are available in the Bristol Street Improvements Project (No. 116741) for expenditure in <br />FY 2015 -2016: $225,010 in the Measure M2 Street Construction Fund (Account No. 03217663- <br />66220), and $900,040 in the Select Street Construction Fund (Account No. 05917660- 66220). <br />Public Works Agency <br />FMIEWG /JG /ML <br />Exhibits: 1. Location Map <br />2. Agreement for APN 408- 334 -01 <br />3. Agreement for APN 408 - 333 -18 <br />4. Agreement for APN 015- 233 -10 <br />APPROVED AS TO FUNDS & ACCOUNTS: <br />� (V-V egg afar` Y_ C <br />Francisco Gutierrez <br />Executive Director M4 <br />Finance & Management Services Agency <br />25F -2 <br />