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allow all other work planned, including electrical conduit, electrical service boxes, streetlights, irrigation pipes, etc. Since the sidewalk and landscaping will be toward the end of the construction, time remains to complete the purchase agreements and staff will continue that effort. Attachment 6 lists the properties and the negotiated purchase price for the seven with purchase agreements. The price for each property listed includes title insurance and escrow fees. The list includes the purchase agreement for the Dublin San Ramon Service District (DSRSD) property which City Council approved on September 21, 2021. Payment has been made and the grant deeds have been recorded for DSRSD property. Attachment 6 also includes a budget number for each of the two properties for which there is not yet a purchase agreement. The budget numbers are based upon the appraised value of the land needed from these properties AND the final negotiated purchase price of the other land being acquired from properties along Johnson Drive. The six negotiated purchase agreements are included with this report as Attachment 7. Staff recommends City Council approve the six purchase agreements and authorize the City Manager to execute the purchase agreements. As stated previously, staff will continue to work with the other two property owners and, if successful, present those purchase agreements to City Council at a later date. JDEDZ Traffic Mitigation Measures Cost Allocations per Amended Agreement Assuming City Council approves Amendment One to the Agreement, the following table shows how the amended Agreement applies to the Final Cost Estimate. The numbers are presented as if the Final Cost Estimate is the exact total cost of the project at completion. City Council should expect the numbers to be slightly different upon completion of the project when the final Cost Certification reflecting actual expenditures is prepared at project completion. However, since the Final Cost Estimate is considered conservative as previously discussed, it is anticipated the numbers will lower slightly from what is shown in this table when the final Cost Certification is prepared. Stoneridqe Drive and 1-680 Pro JDEDZ Street Improvements JDEDZ Right-of-wav Total _Costco City Loan _ $11,600,000 $1,435,389 $8,790,371 $8,080,371 $1,290,938 $1,290,938 $8,790,371 $12,890,938 $10,806,698 Capital Improvement Program Budget The City created two CIP budgets to implement different aspects of the JDEDZ Project, CIP No. 18531, Stoneridge Drive and 1-680 On -Ramp Project and CIP No. 21596 JDEDZ ROW and Misc. CIP No. 18531, Stoneridge Drive and 1-680 On -Ramp was created in 2018 to fund the Stoneridge Drive and 1-680 Project (as it is called in the Agreement) with a budget of $6,385,568. The allocated funds are Traffic Impact Fees as this project is identified in the City's General Plan as necessary regardless of the JDEDZ Project. Understanding Page 8 of 11