HomeMy WebLinkAbout1998-05-11 Ordinance 4501ORDINANCE NO. 4501
ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO AMENDING
THE BUDGET FOR THE FISCAL YEAR 1997-98 TO PROVIDE AN
ADDITIONAL APPROPRIATION IN THE AMOUNT OF $60,000 FOR
OVERHEAD MAINTENANCE WORK ON THE ELECTRIC SYSTEM
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 City entered into a contract to provide
overhead construction services on the City's overhead electric
transmission and distribution system; and
WHEREAS, as a result of system inspections, additional high
priority maintenance work needs to be performed during 1997-98 in
order to maintain service reliability to utility customers; and
WHEREAS, the maintenance work will cost $60,000 and an
additional appropriation is needed in the Distribution Operations
and Maintenance budget; and
WHEREAS, City Council authorization is needed to amend the
1997-98 budget as hereinafter set forth.
NOW, THEREFORE, the Council of the City of Palo Alto does.
ORDAIN as follows:
SECTION 1. The sum of Sixty Thousand dollars ($60,000)
is hereby appropriated to the non -salary expenses in the Dis-
tribution Systems Operations & Maintenance Functional Area in the
Electric Fund.
SECTION 2. This transaction will reduce the Electric
Fund Rate Stabilization Reserve from $21,451,871 to $21,391,871.
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 has been determined to be
categorically exempt under Section 15302 of the California
Environmental Quality Act.
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:
May 11, 1998
AYES: EAKINS, FAZZINO, HUBER, KNISS, MOSSAR, OJAKIAN, ROSENBAUM, SCHNEIDER,
WHEELER
NOES:
ABSTENTIONS:
ABSENT:
APPROVED AS TO FORM:
Senior Asst. City Attorney
Director, dministrative
Services Department
ortosaum 40A EM.
Director of Utilities
THIS DOCUMENT IS CERTIFIED TO BE AN
ORDINANCE DULY PASSED DV THE. COUNCIL
OF THE CITY OF PALO ALTO AND
THE A, n^ POSTED IN HE COUNCIL
CHAf:. ON , /i 5/f _ (WITHIN 15
DAYS .)F 1,S PASSAGE)
"I certify (or declare) under penalty
of perjury that the foregoing is true
and correct."
Date & Place Signature