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9/16/2009 <br />Status and Issues <br />• Acquisition of a portion of 2550 Davis Street <br />• Acquisition of frontage sliver and corner rounding at 2506 Davis <br />Street <br />• Acquisition of slope easements <br />• Funding <br />Project Costs <br />• Construction Cost: $4.2 million (excluding land acquisition costs) <br />Potential Funding Sources <br />• General Fund <br />• Measure B <br />• Redevelopment Fund <br />• Grants <br />• Assessment District <br />3 <br />