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Purchase Agreement for Real Property Acquisition 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 in the total amount of $2,350 are available in the Bristol Street Improvements Project (No. <br />116741) for expenditure in FY 2016 -2017: $1,175 in the Select Street Construction Fund <br />(Account No. 05917661 - 66100) and $1,175 in the Measure M2 Street Construction Fund <br />(Account No. 03217663 - 66100), subject to nonsubstantive changes. <br />IVA <br />Fr Ad Mousa ipour <br />Executive Director <br />Public Works Agency <br />FM /EWG /JG /ML <br />APPROVED AS TO FUNDS & ACCOUNTS: <br />f�CsS� -, )\ <br />Francisco Gutierrez <br />Executive Director <br />Finance & Management Services Agency <br />Exhibits: 1. Location Map <br />2. Agreement for APN 015- 232 -10 <br />25L -2 <br />