HomeMy WebLinkAbout1998-04-06 Ordinance 4495ORDINANCE NO. 4495
ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO
AMENDING THE BUDGET FOR THE FISCAL YEAR 1997-98 TO
PROVIDE AN ADDITIONAL APPROPRIATION OF $75,000 FOR THE
TANK INVESTIGATION AND REMOVAL CAPITAL PROJECT NUMBER
19101
WHEREAS, pursuant to the provisions of Section 12 of Article
III of the Charter of the City of Palo Alto, the Council on June
23, 1997 did adopt a budget for fiscal year 1997-98; and
WHEREAS, the Tank Investigation and Removal Capital Project,
Number 19101, was established to provide a source of readily -
available funding to investigate and remove underground tanks which
are discovered in City property during the course of construction
activities; and
WHEREAS, six underground tanks have been identified which need
to be removed from several fire stations and the Golf Course; and
WHEREAS, removal of these tanks 'will reduce the available
funding in the Tank Investigation and Removal Capital Project,
Number 19101, to about $24,000; and
WHEREAS, it is prudent to have a reserve of about $100,000 in
Tank Investigation and Removal Capital Project, Number 19101, in
order to ensure sufficient funds for tanks which may be identified
as part of construction future work and
WHEREAS, City Council authorization is needed to amend the
1997-98 budget to increase the appropriation for CIP 19101 as
hereinafter set forth.
NOW, THEREFORE, the Council of the City of Palo Alto does
ORDAIN as follows:
SECTION 1. The sum of Seventy Five Thousand Dollars ($75,000)
is hereby appropriated to Capital Improvement Project No. 19101,
Tank Investigation and Removal, and the Budget Stabilization Reserve
is correspondingly reduced.
SECTION 2. This transaction will reduce the Budget
Stabilization Reserve from $17,061,149 to $16,986,149.
SECTION 3. As specified in Section 2.28.080(a) of the Palo
Alto Municipal Code, a two-thirds vote of the City Council is
required to adopt this ordinance.
SECTION 4. This project is categorically exempt under Section
15301 of the California Environmental Quality Act (CEQA) guidelines.
SECTION 5. As provided in Section 2.04.350 of the Palo Alto
Municipal Code, this ordinance shall become effective upon adoption.
INTRODUCED AND PASSED: April 6, 1998
AYES: EAKINS, FAZZINO, HUBER, KNISS, MOSSAR, OJAKIAN, ROSENBAUM, SCHNEIDER,
WHEELER
NOES:
ABSTENTIONS:
ABSENT:
ATTEST
ty • erk
APPROVED AS TO FORM:
Senior Asst. City Attorney
APPROVED:
Acting Director, Administrative
Serpices Department
Director of Public Works
THIS DOCUMENT IS CERTIFIED TO BE AN
ORDINANCE DULY PASSED BY THE COUNCIL
OF THE. CITY OF PALO ALTO AND
THEREAU-3ER POSTED f� OUNCIL
CHAMM L' RS ON S` /6' 98 (WITHIN 1$
DAYS OF ITS S PASSAGE)
"I certify (or declare) under penalty
of porjury that tho foregoing is true
and correct."
Date & Place Signature