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HomeMy WebLinkAboutORD 3818I I •' ,,. '\' ORDINANct rm. 3's 1 a :,',:. , • r f. ,' ' ' ... --~--- .OROlNMiCE OF THE COUNC!L Or THE. "CIH OF P.t;LO f!J.,TO AMENfriNG THE. SUDGfl fOR THt F.ISCAL YEAR 1987 .. 88 TO PROV I DE . FOR AfJJUSTMENTS TO BUDGETED REVENUE !.illlf.';}r:i." n111r•'tl"'n·t l" ~!1t• -.·1ro11 1·~··'1011s 0"1,' ···~---~-~1"-• "i•) ·.·_,·f r11,~.·~~,,_.1,~.-~ •. ·1·1·1,· ot' t·.l11~ .. '' ...•. ".'.~ .>~i;, •• M·:'!ll ~I''". ·' ll .',' !'··.:'' '·" .. '·!· f. ,._• ,· ,.,_-__ '_.' _ .. ;n: ..... _.•.n1 ".'-~•" . ~ C,., "'r ..... (.t nl.." I"' t v o·· "''" ~1 A I ) 'tl' ''\Cl l 011 ... ,, ,. . , 'J 1 nn; "l 1' ·l ;>,~(!{'1" ,_ 1·inrj1I" (· 11t1 f,1~1 .•! l.llt !,, l ,., ! ? c< 1" ,,( 9 ,. ~-t •• ~!\1! . . ;. !':: '-"·,. .t ,() 1 1 1_, ,.t,, .-' -(i . "' ~c. for f'i scil1 yGar 1nn-B~; and W\IERE..0..5~ rep,;(yment cf prin<:ipal and tural Imprryvement PrGject bonds wi11 (~9l)f1 fi!lfl.l '>n ndri-!Hnn..:i1 !MrliP<::.: ;md ... ,.. ........ -.,, ............... ,, ~·· ---·-.;·-····· -·--·· ~-, 'lnterest d11e on the Civic Cenb~r St:rnc, .. require Two Hundred Thousand Dollars WHfREAS~ suffk~ent f~1ids exist in the Capital Imrrovt:"1iH~nt Progr·&n} Storm Qrains. µroj~Jct~ to a1 low the tl"ansfer of !he T\~o Humfred, fhousand · Oolhts (~h14 ,u1}v} to th(-! Debt Serdc.;e Fund and st il 1 me~t .curr?.ot commitments, NOW~ fo1 lows:· THEREFORE, -the Council of the City of Palo Alto does ordain ~~ , SIICTAON 1. Tht Capital ~.llprov~1le11t ?rvg1ai1i .Stoi'i'tl .Cr a·11iu96 Project (87~01). .. >:.·.,· l' ' . "-1--· i~ re(iuc"'e{i: fjy-T_wo Hundre(j ThQUS.~nd Dollars ($200~000) .. )md transferr~ ·to theDe~t:.·:.·, :: service .fpnd,· t~ pay ·t>r_1nctpal arid· 1ntere·st. due 111 tneJ987··88 fiscal year for .~.h.e. ' ..... : ,:·, . Civic Ce11t~t Structuratifn.pro,v.am~nt .d.ebt. as the detit····s~rvice payment W(l(.S not,, ' .. _... . ':in¢1 ud~d Jn ··t.~~·)~~7..:!J~ bu.dg~.~.~ ., . :T~e ~-e~erv.~ ;fer Capi~.~rJ~.r~j ect s ·t~ · dftCr~_,s,~ .~~ ........ ~n. adrl1tJorr~l:.T~ !Nndred r~ous:~~d Ooll~rs (·$,20Q·,009) •. '. ·:;.:_· .. . 1 · -· · . ·,:;SECTiok 2". ·:fne· :ctJ(1~b-t£'.'.i.'i~J~.:in.~t this';:f~· n!)~ .'a~:P1'~i~ittf6r' puf~Cis·~·s -~f;:the ~: ··· .... - --pa i·1·r~~-] j .. :~ ~" .1 rqnffi~nt#1:> :Qy·at~:~~·.:.~~·.t •-~9.; .. ,: th.~tef9res''.~ }~\ ··::~v.1:r<~!t~r.~Nt~1 • -· 1itip.~~t.:,;:.-.. , ·:··,,··.· .. ass~ssmen~ is naces~ar:y-..l: · · "· · .'·\' · -»'.: :r:· ,, '· · ,,,,j --· · , , • • • , ' ,. j ·, • 1 , : : '.'; :;, ~. ': < ,: ., • ' ~ ; • • j , · '· . '. 1 , : ~ , • • !/ ,._· (i •• «»·.;: .. /st"crrb~i:J. · 1tn~~:~·~·QiaI6.~n·~f!:· sh~tt,·: ~~cm~-;-~f·eectJve.· '.i~f.~t.~11 ·a~:'.:~ttjJ·~~-"i,n':: •. I·.• .. ;_,:···,,_· .. ---.·:;-·.·.,_-~·-·.·:_··'"'., >se·~t:"i~~, :}i~-?l '.Ai'ttc1 e':'. t:9.:;Q-f:"~he ,q1{1r~,~~i ·::~~Ll ,·s-~'d.ton, ?·Ot:~,~/5 °o'f..t.h·e f' ~lcrJ~ltii·f · ··-"'.·'Mun,,. i pf.\ ., C¢de' ·1• • . ,,'..">··:·~'-· · .... • ·· · ·---: ~: .··. \' ! :: .··:\~,,.,.!:<·:;/" •• ·: .,, ,_~;~ .~':, .);-1·:\.i:.'y:,-. "" .. , •'' ... . . ... ... . . ' .. :;j~;:.;0':·;',p,i·''i: . < ,., " 'v '·~' •" :. ' " /,'~ .... . ! .·· ' ' ::_ ·.,.·~ .' ' ·:.,, «,,·~~< ' ...... · .. "· ,·j '.· '. ....... :·· ·,, ... ' '' ,',,.; ·. ·;,;( :· •··· ... ·:, ''',; ·., "' •mM~~·~-~-~~.::·,.0L:~~'.~~~L;~~~itttb!Mt1:11t~"··::·i ..•• -~--~ I i I I l l I I I . ( .;; ) ' '.·{" I'" ' •• J ' ~ •• , 'i.·1 , • .-_ . -~' ; 'r . ._ Klein ~lNf~QO~!f.f.QFANO :. PA~se:ci ~·:; ' .. · ,•\, \','.\;: -\y,.'}.'~.-. . AYES:~~.i);lcht et.;·:; CQ~·P ,:<·i;i~t~he'r r _" ". . "' "»: ... _: _ _ . ~-·~I .. ,'.' , . 1 ·· -i, ,, , · ~• , ;_:·:': ;·;: .. ' , :-. , : _ .• NQEf:· ·~o'n'~;. ,, ·C '' · ··: •. , <· 1~.88 '' I '',·, r '" , ~ '. 1'' :'.--: J\ssn ~r.foNs·: '·•" _\~:. I•' }i'°ne ABSENT: Levy ;~.~~-.. _, ,, \'. .. · .. /)·' '' •,:; : .. ·' ···''Pa.ti t'u:~·~;J.: :·'· Ren z'el · 'Wopli.ey· J\r>PROVf.D: • ;! •• ,.I'; ',.· ·1., ('; !II "' r· ·: ·irn) t•ndtot pe,~11!ty . ·:it; <oregoinr i'; (tue ~-!) ·~~i..b f i j . :M?... ii J ~ · .. ·. · · .. Sign.ataN · ' '. >; (,'<. •;,, ,1· ,,. ''l··. ,•,, '• ,,., "" ,, !• :, .. · ,-, ' ' I I ~ ·•, 1.J'I ,,'- ,, •I ·•ll:.u-_,.~ I ·1