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Settlement Agreement for Real Property Acquisition <br />Bristol Street Improvements Phase 4 <br />April 18, 2017 <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). <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 Saint 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 in the Select Street Construction Fund (Account No. 05917661 - 66100), subject to <br />nonsubstantive changes. <br />F d Mousavipour <br />Executive Director <br />Public Works Agency <br />FM /EWG /JG /ML <br />APPROVED AS TO FUNDS & ACCOUNTS: <br />C Rs� A %�x A i I ,tea <br />Francisco Gutierrez <br />Executive Director <br />Finance & Management Services Agency <br />Exhibits: 1. Location Map <br />2. Agreement for 015 - 194 -20, 21, 22 <br />25J -2 <br />