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Purchase Agreement for Bristol Street Improvements, Phase 4 <br />September 6, 2016 <br />Page 2 <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 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 in the total amount of $2,682,000 are available in the Bristol Street Improvements Project <br />(No. 116741) for expenditure in FY 2016 -17: $1,341,000 in the Select Street Construction Fund <br />(Account No. 05917661 - 66100), and $1,341,000 in the Measure M2 Street Construction Fund <br />(Account No. 03217663 - 66100), subject to nonsubstantive changes. <br />APPROVED AS TO FUNDS & ACCOUNTS: <br />Fr d Mousavipour Francisco Gutierrez <br />Executive Director <br />Public Works Agency <br />FM /EW G /JG /ML <br />Executive Director <br />Finance & Management Services Agency <br />Exhibits: 1. Location Map <br />2. Agreement for APNs 015 - 194 -20, 015 - 194 -21, 015 - 194 -22 <br />25D -2 <br />