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HomeMy WebLinkAboutORD 3432• ORDINANCE NO. 3432 ORDINANCE OF ·r~IE COUNCIL UF 'rBE CITY Or' J!ALO ALTO AMENDING 'l'HE BUDGET fo'OR '!'HE FISCAL YEAR i 982-83 TO PROVIDE i\N ADDITIONAL APPROPRIA'J'ION r'OR THF.: CON!)ERVATION/SOLAR LOAN PROGRAM WHF.:REAS, pursuant to the provisions of Section 12 of Article III of the Charter of the C.ity of Palo Alto, the Council on June 21, 1982r did adopt a budget tor fiscal year 1982-83; and Y.lHER.EAS, the City of Palo Alto has establ isbed a low interest conservation/solar loan program for residentsr and WHER~AS, the City Council wishes to expand th~s program to allow additional conservation services to be subject to lhe .loan program for all residents; NOH, 'l'HERF:FORE, t.ne Council of the City ot P<:do Alto (iO(~S ORDl\IN o.;::; f o 11 O\v s ~ SECTION 1. T~e sum of Two Hundred Fifty ( $250 ,000) is ··approp'~iated to the Conservation/Solar the Reserve for System I mpr:ovemen t in the E 1 ect-riC' correspondingly decr~ased. Thousand Dollars Loan Account and Utility Fund .i.s SECTION 2. The environmental impact assessment which was previously--j:_H.:;rformed will not be affected by this 2hange. SECTION 3. This ord inane-:;-, sh.;dl become p~ovided-i"n-·secU.on 12 of ArU.ch~ III of 2.04.375 of the Palo Alto Municipal Code. INTRODUCED AND PASSRD: ~1 a y 1 6 , l 9 8 3 effective immediately as the Cha.r.ter and Section AY£S: Bechtel, Cobb, Eyerly, Fazzino, Fletcher, Klein, Levy, Renzel NOES: None ABSTENTIONS: ABSENT: 1-1 i t h e r· s p o o n Acting} 83-25