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Purchase Agreement for Real Property Acquisition for Bristol Street Improvements Phase 4 <br />October 18, 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) and Goal #3 — <br />Economic Development, Objective #2 (create new opportunities for business/job growth and <br />encourage private development through new General Plan and Zoning Ordinance policies), <br />Strategy C (support business development and job growth along transit corridors through the <br />completion of critical 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 4, which lies between Warner Avenue and St. Andrew Place, an Addendum to the <br />FEIS/EIR was prepared and adopted pursuant to the California Environmental Quality Act by <br />City Council on April 7, 2015. <br />FISCAL IMPACT <br />Funds in the amount of $11,100 are available in the Bristol Street Improvements Project (No. <br />116741) for expenditure in FY 2016-2017: $5,550 in the Select Street Construction Fund <br />(Account No. 05917661-66100), and $5,550 in the Measure M2 Street Construction Fund <br />(Account No. 03217663-66100), subject to nonsubstantive changes. <br />VA, = <br />Fr6d Mousavipour <br />Executive Director <br />Public Works Agency <br />FM/EWG/JG/ML <br />EXHIBITS: 1. Location Map <br />2. Agreement for APN 408-333-02 <br />APPROVED AS TO FUNDS & ACCOUNTS: <br />Francisco Gutierrez <br />Executive Director <br />Finance & Management Services Agency <br />25E-2 <br />