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HomeMy WebLinkAbout2015-01-12 Ordinance 5297Ordinance No. 5297 ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO AMENDING THE BUDGET FOR FISCAL YEAR 2014 TO PROVIDE ADDITIONAL APPROPRIATION OF $150,000 IN THE RESIDENTIAL HOUSING IN-LIEU FEE FUND FOR LITIGATION SERVICES PROVIDED BY GOLDFARB & LIPMAN LLC. The Council of the City of Palo Alto does ORDAIN as follows: SECTION 1. The Council of the City of Palo Alto finds and determines as follows: A. Pursuant to the provisions of Section 12 of Article Ill of the Charter of the City of Palo Alto, the Council on June 16, 2014 did adopt a budget for Fiscal Year 2015; and B. Goldfarb & Lipman LLC has defended the City in two litigation matters relating to the City's Below Market Rent (BMR) Housing Program since November 2012; and C. Additional funding is necessary to fund documenting the settlement of one matter and continuing defense of the second matter; and D. At the time that the 2015 Adopted Budget was being considered by the City Council, the status of the original law suit was being reviewed by the courts; and SECTION 2. The sum of One Hundred Fifty Thousand Dollars ($150,000) is hereby appropriated for litigation services contract amendment with Goldfarb & Lipman LLP, for a new not to exceed amount of Three Hundred Eighty Thousand Dollars ($380,000) and the ending fund balance in the Residential Housing In-Lieu Fund is decreased by One Hundred Fifty Thousand Dollars ($150,000). SECTION 3. As provided in Section 2.04.330 of the Palo Alto Municipal Code, this ordinance shall become effective upon adoption. 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. SECTION 5. The Council of the City of Palo Alto hereby finds that this is not a project under the California Environmental Quality Act and, therefore, no environmental impact assessment is necessary. II II II II II II 5388/so 1 Revised September 20, 2013 INTRODUCED AND PASSED: January 12, 2015 AYES: BERMAN, BURT, DUBOIS, FILSETH, HOLMAN, KNISS, SCHARFF, SCHMID, WOLBACH NOES: ABSENT: ABSTENTIONS: NOT PARTICIPATING: ATIEST: Mayor APPROVED: 2 Revised September 20, 2013 5388/so