HomeMy WebLinkAbout1997-12-08 Ordinance 4468i
ORDINANCE NO.
4467
ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO
AMENDING THE BUDGET FOR THE FISCAL YEAR 1997-98 TO
PROVIDE AN ADDITIONAL APPROPRIATION TO PAY FOR AN AUDIT
OF THE COUNTY OF SANTA CLARA TRANSPORTATION AUTHORITY
AIRPORT ENTERPRISE FUND
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, in September 1997, Council directed staff to proceed
with the audit of the County of Santa Clara Transportation Authority
(SCCTA) Airport Enterprise Fund; and
WHEREAS, the purpose c•f the audit is to determine if the County
is in compliance with the terms and conditions of its lease of the
City -owned Palo Alto Airport; and
WHEREAS. staff recommended that the accounting firm of Deloitte
& Touche iD&Ti be selected to perform the audit; and
WHEREAS, the estimated cost of the audit is $41,500, and SCCTA
offered to reimb=urse the City for its share of the cost $19,500; 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 Forty One Thousand Five Hundred Dollars
($41,500) is hereby appropriated to non -salary expenses in the
Property Management Functional Area in the Administrative Services
Department.
SECTION 2. Revenue in the Property Management Functional Area
in the Administrative Services Department is increased by the sum
of Nineteen Thousand Five Hundred Dollars ($19,500).
SECTION a. This transaction will reduce the Budget
Stabilization Reserve from $17,007,253 to $16,985,253.
SECTION 4. 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.
•ado
• •
SECTION 5. The Council of the City of Palo Alto hereby finds
that the enactment of this ordinance is not a project under the
California Environmental Quality Act and, therefore, no
environmental impact assessment is necessary.
SECTION 6. As r:-ovided in Section 2.04.350 of the Palo Alto
Municipal Code, this ordinance shall become effective upon adoption..
INTRODUCED AND PASSED: Deceslbe r 8 , 1997
AYES: ANDERSEN, EAKINS, HUBER, KNISS. MCMIN N, ROSENBAUM, SCHNEIDER, WHEELER
NOES:
ABSTENTIONS:
ABSENT:
ATTEST: _ tAP?Ro
Clerk
FAZZINO
APPROVED AS TO FORM:
C2-4-4---4L----
Senior Asst. City Attorney Acting Director, Administrative
Services Department
s•
Manacfer
THIS DOCUMENT IS CERTIFIED TO 8E AN
ORDINANCE DULY PASSED BY THE COMM
OF TiE C:ry OF PALO ALTO AND
THERE.; r iLR PC.a D IN TH
CHAP: S2RS ON ' ! 1(WITHIN 15
DAYS OF ITS PASSAGE)
15-6.
"I ce►uh+(or dectare) under penpy
of perry that ttto foregoing is tree
and correct"
)2/..47 F 1a(itt)
Data i Place
Signature
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