HOANG, DAT NGOC-2018 - Laserfiche WebLink

Home Browse Search

Purchase Agreements for Real Property Acquisition Warner Avenue Improvements Phase 1 February 20, 2018 Page 2 appraiser and were accepted by the property owners. The compensation amounts listed above are incorporated in the attached agreements (Exhibits 2-4). STRATEGIC PLAN ALIGNMENT Approval of this item supports the City's efforts to meet Goal #6 — Community Facilities & Infrastructure, Objective #1 (establish and maintain a Community Investment Plan for all City assets), Strategy G (develop and implement the City's Capital Improvement Program in coordination with the Community Investment and Deferred Maintenance Plans). Approval of this item also supports the City's efforts to meet Goal #3 — Economic Development, Objective #2 (create new opportunities for business/job growth and encourage private development through new General Plan and Zoning Ordinance policies), Strategy C (support business development and job growth along transit corridors through the completion of critical transit plans/projects). ENVIRONMENTAL IMPACT On September 1, 2015, City Council approved the Warner Avenue Final Environmental Impact Statement (SCH No. 2012101004), FISCAL IMPACT Funds in the amount of $1,346,000 are available in the Warner Avenue Improvements Project (No. 14- 6802) for expenditure In FY 2017-2018: $1,009,500 in the Measure M2 Competitive Street Fund (Account No. 03217663-66100), and $336,500 in the Transportation System Improvement Area E Fund (Account No. 03417660-66100), subject to nonsubstantive changes. APPROVED AS TO FUNDS & ACCOUNTS: Y2�/V 1, Fred t4ousavipour 1, Francis Gutierrez Executive Director Executive Director f" Public Works Agency Finance & Management Services Agency FM/EW G/JG/ST Exhibits: 1. Location Map 2. Purchase Agreement —APN 403-142-16 3. Purchase Agreement —APN 403-143-13 4. Purchase Agreement —APN 016-102-24 25E-2