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Purchase Agreement for Bristol Street Improvement Phase 3A <br />August 2, 2016 <br />Page 2 <br />accepted by the property owners. The compensation amounts listed above are shown in the <br />attached agreements (Exhibits 2 - 5). <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 (FEIS /EIR No. 89 -01). Due to several minor design <br />modifications in Phase 3A, which lies between Civic Center Drive and Washington Avenue, 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. 136792) for expenditure in <br />FY 2016/2017 as follows: $710,000 in the Select Street Construction Fund (Account No. <br />05917661- 66100) and $710,000 in the Measure M2 Street Construction Fund (Account No. <br />03217663- 66100), subject to nonsubstantive changes. <br />V I O \J i <br />Frep Mousavipour <br />Executive Director <br />Public Works Agency <br />FM /EWG /JG /KN /ML <br />Exhibits: 1. Location Map <br />2. Agreement for APN 405 - 262 -32 <br />3. Agreement for APN 004 - 122 -18 <br />4. Agreement for APN 405 - 262 -23 <br />5. Agreement for APN 405 - 262 -31 <br />APPROVED AS TO FUNDS & ACCOUNTS: <br />Francisco Gutierrez <br />Executive Director <br />Finance & Management Services Agency <br />25L -2 <br />