HomeMy WebLinkAbout1996-10-15 Ordinance 4376ORDINANCE NO. 4376
ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO
AMENDING THE BUDGET FOR THE FISCAL YEAR 1996-97 TO
ALLOCATE REVENUE FROM THE AIRPORTS COMMISSION OF THE CITY
AND COUNTY OF SAN FRANCISCO TO BE USED FOR MARSH
RESTORATION AT HARBOR POINT
WHEREAS, pursuant to the provisions of Section 12 of Article
ILI 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.
WHEREAS, Capital Improvement. Project 18918, Harbor
Improvements, has beer funded through prior and current year
appropriations from the Budget Stabilization Reserve; and
WHEREAS, the Harbor Improvements CIP (Number 18918) was
established pursuant: t.o an agreement with the San Francisco Bay
Conservation and Development Commission (BCDC) to develop marsh at
Harbor Point; and
WHEREAS, the Airports Commission of the City and County of San
Francisco (Commission) has a master plan to expand the San Francisco
International Airport which will require them t.o develop new
wetlands; and
WHEREAS, BCDC and US Araay Corps of Engineers has allowed the
Commission's Marsh requirements to be fulfilled by funding part of
the Harbor CIP 18918; and
WHEREAS, in order to meet its requirement to develop new
wetlands, the Commission has agreed to e one-time payment of $96,268
to fully cover the City's past and future administrative, design,
monitoring and engineering costs; and
WHEREAS: in addition, the Commission has agreed to reimburse
the City for the costs of construction, on a monthly basis, for a
total of $612,237, $306,119 to be received in 1996-97 and $306,118
to be received in 1997-98; and
WHEREAS, City Council authorization is needed to amend the
1996-97 budget as hereinafter set forth.
• •
NOW, THEREFORE, the Council of the City of Palo Alto does
ORDAIN as follows:
SECTION 1. The sum of Four Hundred Two Thousand Three Hundred
Eighty Six ($402,386) is hereby added to revenue in the Public Works
Department budget in the General Fund and the General Fund Budget
Stabilization Reserve is corresponding increased.
SECTION 2. This transaction will increase the Budget
Stabilization Reserve from $16,111,391 to $16,513,777.
SECTION 3. The City Council certified a mitigated negative
declaration (91-EIA-1) on March 18, 1991, for the project, No
further review is necessary.
SE=246, 4. As provided in Section 2.04.350 of the Palo Alto
Municipal Code, this ordinance shall become effective upon adoption.
INTRODUCED AND PASSE
October. 15, 1996
AYES: ANDERSEN, FAZZINO, HUBER, KNISS, MCCOWN, ROSENBALTN, WHEELER
NOES:
ABSTENTIONS:
ABSENT: SCHNEIDER, SIMITIAN
ATTEST :
4414:;146:47U.24(.,
(j 2' City Clerk
APPROVED AS TO FORM:
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Senior Asst. City Attorney
THIS DOCUMENT IS CERTIFIED TO SE AN
ORDINANCE DULY PASSED SY THE COUNCIL
O'r 'N. art OF PALO ALTO AND
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APPROVED:
Deputy City
Administrative
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Director of Public Works