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ORD 3819
I I ·'·,,'' WHl-RE/\S~ PtJrsu~n·t;'to th~ prov1srnns oLS~ct1on f:{.cf Articlt:? III of the . Charter-of the City of Pa'10 Alto~ the Councn rih June ?.2, .19$7 r.Ud c.dopt ~ budget for fiscal yea.r 1987-~~; anct W!ERf:Ji,s~ rr.nt. sill.rged (.i; tl:n 'Jti'l Hies Funds and R(:fl}-;·: Fund ~Y thr, ·ci::-::ett11 fund, for u£,1! ef' i,ity~ow11ed property~ 1s b<:1sr~d on f::\i'(' madu>.t ri::ntu.1 ;at.es; and · __ .-_WHEREAS~. in 1986--87 and 1987-88 rent paid by .the UUl Hies funds ,and Refuse Fund. was ba~ed on a 1985 survey of lf..~1ictl the market rates. and pr0pert ies have siqnifkantly changed s·1nce t.hCi.t. 5urvey w;is comphted; .1nd · · otllt .... t'\t"'ft.""' ..... ~AO 11.1.t.i..!1.·_ ..... f"" ....... ~_.. t .. -~.-._ .... J_.J: ..... ..J "'·-· ~.L..,,. f'\-.., .. Jto_,;. .... 1 r:-......... ,.1 M>•"•"-'--•.,&.J....!,.._ .... 1-!.-1. li">llLt\C:.!•\,)' t,111:: ~I, I j \.1, 1C::} ·:une.J;:> 11~v1; l.l~tP::;i.i t.l,J t.llC: \;Jt;11•;:1 Ul 'V•IU !-'' UfJ>.;:r I.. I";'.'.:· I'll! fl,J! they o~cupy s i n.<:cz that study; ·I·',/• .: .. · .. ,;··>1·-· ~: ".". ,,../ .. ·r;i ,·,",\'". ' . ' .. ··· 1 ', ,' ..... ·1 I I ltiHEREr~S, a recer.t rental rat~ analysis substantiated tJ1~,t rerst ctiurgc'tl to the Utilities should be adjusted to accurateTy. refl~ct usage and current market r ates: and I . I WHEREAS, the Waler Fund 'Transfer Stabi Ii zat 100. Ke~~j·.ve ( T.'.::R) and System Imp'rovement Re~e1"ve (SIR) are'. seriously dep'leted and rarmot fund revised: rent~l I' . ' ' cparges r.fpr {98()~87 .an(,!· J90i'.":·~B .·:. ·. : .... ' ....... ., .. '; ' ' ,, ' ' ' : : : !. · . . '·, · , , . · .· .. N6~'\';HER~:Fdr<E. 1 th2 ;eo"~:rir .. 1'1···¢fj'..{~·e:·~i'.t/J)r ·Pa.19.-~lto ,'iJo'f.~s'' ·a.,a·~i:~ ·.a:s', , ./ >. ,. ·' ,····:. fr..·1"1·0·"'" .·' '·.::· -:::--·-. :· . ··' . .. . > ... • ' . • • ,, •• • .. ;• '«;,, " ....... ,. \"·''' -· , ·~· ,' 'l,·"·i1l.• I~. ,.<·~·1'' _,' ,'·,_.I .,,.,. ~·,·· ~I. .., •. ,_' '»' 1:,.-,:' ;. I·,,.,;··'~ .. :·· ," ···:.:·· l;.'~. " ; ' ,-'"« ,'·' i ' ' f ' • ' ,·:: °'(' ," / I ' ' • ,.. / > ' , : 1, 1,'I ~ ' '•~, '' > < j ' : r ' ,I::',• I I '' ' .'' > i' 1' ',, •'i " I ., ; \, _ , . .-.. ·. ~Fr.rrrn~J.~.,. For·. 1~86·.87,~:(,the·.,f;·;fflbwing· is, a~~ropt;'1,~t~ .. t9:: the .. or.>er·atin~g . · ·.:·:~:., .. . . .bu~g~~.:: £f1e ~um: pf Four, Hu.r:id~.ed.~;:'se-v~~~~-~·hu~, .Th9u_sarid .. Fo1.w,.l:tt•rtd~ed' .N:i n~ty .. T~:r.~e · .. · , · . OoJ 1 ~,r.s. ($47?"49j) '.~o the E1.er:tr.~·c: Eur:ii:!, "·~i.~t,~--:five· ifho1.1s.~p~'',f'qrty-.One Oo.1 l'at's . :· :.:. ,J$.~-~~041 )". t?' th~ G~s .. "F~dd·~: '.Tw~tl~Y:--Tbr;e.e .,ThO'ifs_.,~·d .. Se~·erL H'-'.l:'l~r..ed. F,qrty~Four. ·Ddl a1r;~ ·: " ($23•7'4'4) t.o, th':?. ·w~s.\\'e,~a~~~· Tre,atm~nt,. Fur.td. · Qll~ .. tt.unc:foe~ Nto.e.-.T.tia.:usan~ Jl ... ev.en . .,.: .. " . .. .. . . "' OOJ la~s;~.($lO~r~Oll') tG;;th'e:1 Wast~wa;&f coJJectt~n·'.Fy·~·~f."t.nd:~Seventy.;:·sh rnoosand · ·. 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'·' 4o • '\' 1\1" "., t(l;·1·'·'~.c7 "'r1t:r ;·, r'\' '· i',,.t..v4 t t' " ' 1 r.·· d f' ·ir''I . ., · n ' .~ 1x~{~qn:1.10 :. ·~r ;;i · ~-~· ... ,,,1.,. •. ,,.,!.•, . s ... ao~,ropr . .,. r.,.1 .;p .ne ~en et ,:,. i: ,~ 1m . ac:r. h:y_. 1~.i::nt .. • '' i ~.~\! eW~(' ac:~,o'qnt:~.~: .~rid:; i~~~:3·~:rr1~'11~\;n~_ 1 ng". :dno;in t -.~'$' t·1· ans f ~t' re~ :;to.:' M~~" t::~,R:l 't,~ 1 ·:.'.' :_. .: !· ' ·" lmpm.rvr,ni>n\;:-'-R'·'s.i:i.rve·· ar.::.c11:.1Y11t: .. ·" ·. · · · ·· ' · ···· -,-.-· ·~·." · ·: ·· · ';· '. /''.1•)1~ ,:,.: '/~1,;:'~/ ;''.'.<v.',.'·: .. ~i<,i,,.":: '/::'..~: ,_:~:w;·>: • .~ , < · · ·.' ; ,;, .... :. .': .:'1 ).,;'.{ , ·,i:.'"',,,: ;; 1,:,1);· "·.c'.'"'1 · .'..,,.:· :;\<'.".:. ,~·sf:CTJON, "2~·~·:.· ~~ie:,,,to'llric.:;i,:.:··find~ .. ~.h·at:":thJ$:. '{$.: n9~:.:.·a·· .,p~~J:~c.~,: toH::pµr}t.facs;:·c.)e,:::ttt'~'.., . ,.\ .;i.C~J.~Jf .. ~rrTt .. ,J~vA/rJh~ri,~~t;~~.'1·Qµ~'l·i ty::Av:.~';.~~d .~ .•.ttt~~'efm':e\: ,·:~o,:-.envj.~o))rnenr~n \;:;rn~~~t.··. . · · ''.: ~sse~ ~m.e~ ;·: is", ry~c.0,~~·~t'<!',::;·:. ·: · .. , , ::. . · ·· · · '· ;, . · · . 1 • · .'., •• , 1, .< ,: ::1 .:'.';.:-:: .. SE CT 1 O~ 3. , Jhi's .~';d'fo an1;e. sh a1 :1 b~coiile S~ctfon 1~-0fA7tir:1e. nr of ·t1w Charter and Mtm ic i pal .Code. · · · .INTRODUCED AND PASSED: .l 983 effective · immed':l at el v as;&rov'i'd:~ Section 2.d4.3J5 of 1h~ ~~·!o Alto AYES: l3 e ch t: e 1 > Cobb 1 Fletcher ~ K J. e ·.t n , . Pe. t it u.c c i , Rt! e z e 1 • \~· c-o 11 e. y NUt~1i None ABSE~·~T ~ Levy, f!utorius t .•·.··