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HomeMy WebLinkAbout1996-11-25 Ordinance 4387• ORDINANCE NO. 4387 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 AWARD OF CONTRACT FOR PALO ALTO HARBOR MARSH RESTORATION (PHASE II) WHEREAS, pursuant to the provisions of Section 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 WHEREAS, the Council previously approved a Cooperative Agreement with he Sar. Francisco Airport Commission for marsh restoration at Harbor Point; and WHEREAS, in exchange for paying for Capital Improvement Project 18918, Harbor Improvements, the San Francisco Airport received environmental mitigation credits to be used towards a planned airport expansion; and WHEREAS, based upon bid proposals received, the marsh restoration will cost more than originally estimated and the additional expense will be paid for by the San Francisco Airport Commission; and WHEREAS, the budget for the Harbor Improvements CIP (Number 18918) must be increased by $95,000 to accommodate this higher cost; 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 Ninety -Five Thousand Dollars ($95,000) in revenue is added to the General Fund, and is correspondingly transferred to the Capital Improvement Fund, and CIP 18918, Harbor Marsh. Improvements is correspondingly increased. SECTION 2. This transaction will have no impact on reserves. • 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. The City Council approved a mitigated negative declaration (91-EIA-1) on March 18, 1991, for the project. No further review 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: November 25, 1996 AYES: FAZZINO, HUBER, KNISS, MCCOWN, ROSENBAUM, SCHNEIDER, WHEELER NOES: ABSTENTIONS: ABSENT : ANDERSEN, SIMITIAN ATTEST: APPROVED AS TO FORM: enior Asst. City Attorney APPROVED: Manager 1-ku,,A‘) Deputy City Manager, Administrative Services Department Director of Public Works