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Purchase Agreements for Bristol Street Improvements Phase 4 <br />August 16, 2016 <br />Page 2 <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 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 2016 -2017 as follows: $2,050 in the Select Street Construction Fund (Account No. <br />05917661 - 66100), and $2,050 in the Measure M2 Street Construction Fund (Account No. <br />03217663- 66100), subject to nonsubstantive changes. <br />Public Works Agency <br />FM /EWG /JG /ML <br />Exhibits: 1. Location Map <br />2. Agreement for APN 015 - 214 -10 <br />APPROVED AS TO FUNDS & ACCOUNTS: <br />Francisco Gutierrez <br />Executive Director Iu <br />Finance & Management Services Agency <br />25M -2 <br />