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HomeMy WebLinkAboutORD 3304• • ORIGINAL ORDINANCE NO. J~-....::0:....:4:-_ ORDINANCE OF THE COUNCIL OF •ffiE CITY OF' PALO ALTO AMENDING THE BUDGET FOR THE FISCAL YEAR 193 1-82 'ro PROVIDE ADDITION~L FUNDING FOR PALO ALT0 1 S PARTICIPATIO~ IN THE CALAVERAS HYDROELEC'rRIC PROJECT THROUGH THE NORTHERN CALI FORNI A POWER AGENCY WH8REASr pursuant to the provisions of Section 12 of Article III of the Charter of the City of Palo Alto, the Council on June 22, 1981, did adopt a budget for fiscal year 1981-82; and WHRREAS, th~ City of Palo Alto is a m2mber 0f the Northern California Power Agency, which agency is pursuirq development of the Calaveras Hydro~lectric project: and WHEREAS, the City of Palo Alto ~urrently participates in this project through the Northern Cali fonda Power !\qencv and has a guaranteed right to a portion of the power produced by this project: and WHEREAS, c?.dditional costs are necessar·y for pre-Federal Energy Regulatory Commission licensing activities on this project; NOW, THEREFORE, the Council of the City of Palo Alto does ORDAIN as follows: SECTION 1. The sum of Two Hundred Twenty Six Thousand Fou~ Hundred F1fty Dollars ($226,450} is appropri.aled t.o the Electric Uti 1 it y Fund as folJov1s: Acquisition ~nd Construction Subprogram -Bydroelectric/NCPA $226,450 and the Reserve for Systems Improvement of the Electric Utility Fund is correspondingly decreased. SECTION 2. The Anv ironmental impact assessment which was previously performed will no\.. be affected by this change. SECTION 3. This ordinance shall become effective immediately as provided in Section 12 of the Charter and Section 2.04.375 of the Palo Alto Municipal Code. INTRODUCED AND PASSED: October 5, 1981 AYES: Bechtel, Eyerly, Fazzino, Fletcher, Henderson, Klein, Levy, Rcnzel, Witherspoon NOES: None . ABSTENTIONS: None ABSENT: None ..