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<br /> Real Property Purchase Agreement – Warner Avenue Improvements, Phase 2 <br />September 21, 2021 <br />Page 2 <br />appraised value prepared by a California State licensed appraiser and accepted by the <br />property owner (Exhibit 2). <br />ENVIRONMENTAL IMPACT <br />On September 1, 2015, City Council approved the Warner Avenue Final Environmental <br />Impact Statement (SCH No. 2012101004). <br />FISCAL IMPACT <br />Funds in the amount of $7,200 are budgeted and available in the Warner Avenue <br />Improvements Project (No. 18-6901) for property acquisition expenditures in FY 2021-22 <br />as follows: <br />Accounting Accounting Unit, <br />Fiscal <br /> Unit–Account Fund DescriptionAccount No. Amount <br />Year <br />No.Description <br />Measure M-Measure M2 Competitive <br />2021-2203217663-66100$5,400 <br />Street ConstructionStreet, Land <br />Select Street <br />Warner Ave-Tustin <br />Construction <br />2021-2205917668-66100Community Facilities $1,800 <br /> (City of Tustin <br />District, Land <br />Contribution) <br />TOTAL $7,200 <br />EXHIBIT(S) <br />1.Location Map <br /> 2.Purchase Agreement – APN 014-281-19 <br /> Submitted By: Nabil Saba, P.E., Executive Director – Public Works Agency <br />Approved By: Kristine Ridge, City Manager <br /> <br />