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Purchase Agreement for Real Property Acquisition <br />Bristol Street Improvements Phase 4 <br />June 6, 2017 <br />Page 2 <br />compensation amounts are listed above and shown in the attached agreements (Exhibits 2 and <br />3). <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 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 amount of $33,598 are available in the Bristol Street Improvements Project (No. <br />116741) for expenditure in FY 2016-2017, subject to nonsubstantive changes, from the following <br />funds: $16,799 in the Select Street Construction Fund (Account No. 05917661-66100), and <br />$16,799 in the Measure M2 Street Construction Fund (Account No. 03217663-66100. <br />Fre Mousavipour <br />Executive Director <br />Public Works Agency <br />FM/EWG/JG/ML <br />Exhibits: 1. Location Map <br />2. Agreement for APN 408-335-02 <br />3. Agreement for APN 408-334-17 <br />APPROVED AS TO FUNDS & ACCOUNTS: <br />IL I <br />) 1._ , <br />Francisco Gutierrez Q <br />Executive Director �+ <br />Finance & Management Services Agency <br />251-2 <br />