HomeMy WebLinkAbout1996-08-12 Ordinance 4366• •
ORDINANCE NO. 4366
ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO AMENDING
THE BUDGET FOR THE FISCAL YEAR 1996-97 TO PROVIDE AN
ADDITIONAL APPROPRIATION FOR THE MIDTOWN REVITALIZA'!'ION
PROJECT
WHEREAS, pursuant to the provisions of SE!Ction 12 of Article III
of the Charter of the City of Palo Alto, the Council on June 24, 1996
did adopt a budget for fiscal year 1996-97; and
~lHEREAS, progress has been made in efforts to develop a plan to
revitalize the t>!idto~n area, including the development of the Midtown
Conceptual Plan! and staff recomrnends that the second phase of the
Midtown revitalization process be initiated; and
i-lHEREAS, the Counci 1 has requested additional traffic analysis
related to: the installation of a new traffic signal on Midd~efield
Road and Bryson Avenue, the environmental review of the Conceptual
Master P1 an, and the proposed new Neighborhood Commercial !-iidtown
Shopping Center District Zone, which will require an amended traffic
consultant contract; and
WHERE.~S, the Council has requested expedited review of the
Conceptual Master Plan ~~d the Neighborhood Commercial Midtown
Shopping Center District zone, which will require contract planner
time; and
WHEREAS, these efforts will require the appropriation of
additional funds, which may be reimbursed from the proceeds of public
debt financing in the event that the Council undertakes that type of
financing for the Midtown Project..
NOW, TH&~FORE, the Council of the City of Palo Alto does ORD~.IN
as follows:
SECTION 1. The su.rn of Thirty Five Thousand Dollars {$35,000) is
hereby appropriated to non-salary expenses in the Advance Planning
Functional Area in the Planning and Community Environment Department,
and the Budget Stabilization Reserve is correspondingly reduced.
SEGTIQN 2. This transaction will reduce the Budget Stabilization
Reserve from $15,935,782 to $15,900,782.
• •
SECTION J. 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.
SSCTION 4. 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 enviro:n.mental
impact assessw~nt is necessary.
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: August 12, 1996
AYES: ANDERSEN, HUBER, KNISS, ROSE~BACM, SIMITIAS, WHEELER
NOES:
ABSTEl\:'"TIONS:
ABSE}fr: FAZZINO, MCCOw~, SCHNEIDER
ATTEST~ APP:RO\lED:
~~ /'At ~ity Clerk
APPROVED AS TO FORM:
~LA).~ .. ~ City Attorney Deputy City
Administrati·ve
Department
Manager,
Services
~.lckk4;J
Director of Planning and
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ot perJUry t.ialtnc toregoiag il trw
fiEl.".4it~ Clr
Community Environment