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File Number: 17-592 <br />investment program that continues the City’s commitment to the Davis West neighborhood and <br />designates revenue from the sale of 2139 Laura Avenue to quality of life improvements such as <br />noise insulation and other beautification measures. <br />Current Agency Policies <br />·Support and implement programs, activities and strengthen communication that enhances <br />the quality of life and wellness, celebrates the arts and diversity and promotes civic pride <br />Previous Actions <br />·On June 16, 2008, by Resolution 2008-071, the City Council authorized the City Manager <br />to execute a purchase and sale agreement for the property located at 2139 Laura Avenue, <br />for the widening of Davis Street, a continuation of the Westgate Parkway Extension <br />project, ACTIA No. 18, and appropriating funds. <br />Applicable General Plan Policies <br />·Policy EH-9.2 Mitigation of Airport Noise: Pursue mitigation of airport noise impacts to the <br />fullest extent possible. Support and advocate for operational practices, changes to aircraft, <br />new technologies, and physical improvements that would reduce the number of properties <br />in San Leandro that are impacted by noise. <br />·Action EH-9.2.A Settlement Agreement Implementation: Continue implementation of the <br />2000 Settlement Agreement between the City of San Leandro and the Port of Oakland, as <br />amended through 2017, to support noise insulation for additional San Leandro <br />residences. <br />Board/Commission Review and Actions <br />On May 18, 2017, the Planning Commission unanimously found the sale of the property located at <br />2139 Laura Avenue conforms to the City’s General Plan. <br />Fiscal Impacts <br />If authorized by City Council, the General Fund loan provided to Measure B Fund used to <br />purchase the property for $340,000 will be written off. Moreover, the Davis West Neighborhood <br />Investment Program will be funded in the amount of $542,000, which includes $500,000 adopted <br />in FY 17-18 and adds $42,000 to FY17-18 budget. If authorized, this action will be funded by <br />revenue received by the City from the proceeds of the sale of 2139 Laura Avenue. <br />Budget Authority <br />City Council authorization will provide the following adjustments: <br />1. Add $42,000 to General Fund revenue. <br />Page 3 City of San Leandro Printed on 10/10/2017 <br />410