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HomeMy WebLinkAboutORD 2405• ORDINJ\?fCE NO. 2405 ---=-~"---- ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO AMENDING THE BUD<;ET FOR THP. FISCAL YF.AR 1967-1968 TO Mli.KE AN ADDITIONAL APPROPPIATION FOR C0NSTRUCT!ON OF THE CIVIC CENTER, PP.O,TECT 65-06 WHEREAS, pursuant to the provisions of Section 12 of Article 1II of the charter of the City of Palo Alto, the Council did on July 10, 1967, adopt a budget for the fiscal year 1967-1968; and WHEFEAS, the council wishes to make an additional appropria~ :tion in excess of the sums appropriated by said budget for the construction of the Civic Center, Project 65-06; NOW, THEREFORE, the Council of the City of Palo Alto does ORDAIN as follows: SECT!O~l 1. That the appropriation in the Capital tmprov,ement Fund for the construction of the Civic Center (Project 65-06) be increased from Three Million Six Hundred Thirty-two Thousand Five Hundred Dollars ($3,612,500) to ~~~~.~~~~~- . ( $ 4, 330, 837 ) and that the unappropriated oalance of the Capital Improvement Fund be decreased in the ~mount of $698.337 , and .. 1·.at the amount of $61, 770. 00 be transferred from the Reserve for Parking Improvements of the General Fund to the Capital Improvement Fund. SECTION 2 •. ·1 •. ••• That this ordinance shall become effective immedi- ately pursuant to Section 2.04.375 of the Palo Alto Municipal Code. INTRODUCED AND PASSED: February 19, 1968 AYES: Beahrs, Berwald, Wheatley NOES: Pearson, ABSEJ6°) Arnold I . Clark, Comstock, Cooley, Dias, Gallagher, Spaeth, . .·. ·'-