Loading...
HomeMy WebLinkAbout2015-04-20 Ordinance 5322DocuSign Envelope ID: AOD300CO-D2C2-4D76-8F85-1 EBCD5EB4AB7 II II II II II Ordinance No. 5322 ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO AMENDING THE FISCAL YEAR 2015 BUDGET TO PROVIDE AN ADDITIONAL APPROPRIATION OF $1,000,000 IN THE RESIDENTIAL HOUSING IN-LIEU FUND FOR THE STEVENSON HOUSE REHABILITATION PROJECT 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. The 2011 Stanford University Medical Center (SUMC) Development Agreement provided funds for use in connection with infrastructure, sustainable neighborhoods and communities, and affordable housing; and C. In 2012, the City Council approved a B[Jdget Amendment Ordinance transferring $1,000,000 from the SUMC Fund to the Residential Housing In-Lieu Fund to finance a request by the Palo Alto Senior Housing Project, Inc. (PASHPI) for $1,000,000 to rehabilitate Stevenson House; and D. The Stevenson House facility is a 120 unit senior affordable development that serves the City's extremely very low and low income senior population and with City Council approval this action will finalize the 2012 commitment to loan these funds to PAHSPI for the Stevenson House Rehabilitation Project. SECTION 2. Therefore, the sum of One Million Dollars ($1,000,000) is hereby appropriated in the Residential Housing In-Lieu Fund for Stevenson House and the ending fund balance in the Residential Housing In-Lieu Fund is decreased by One Million Dollars ($1,000,000). SECTION 3. As provided in Section 2.04.330 of the Palo Alto Municipal Code, this ordinance shall become effective upon adoption. SECTION 4. 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. 1 Revised September 20, 2013 130920 dm 0131136 DocuSign Envelope ID: AOD300CO-D2C2-4D76-8F85-1EBCD5EB4AB7 INTRODUCED AND PASSED: April 20, 2015 AYES: BERMAN, BURT, DUBOIS, FILSETH, HOLMAN, KNISS, SCHARFF, SCHMID, WOLBACH NOES: ABSENT: ABSTENTIONS: NOT PARTICIPATING: ATTEST: City Clerk APPROVED AS TO FORM: lr DocuSigned by: ~~0~~9 ... Senior Assistant City Attorney 2 130920 dm 0131136 Mayor APPROVED: QDocuSigned by: lt o,1(:(f:grz 39E729BFB2064DB ... City Manager GDocuSigned by: /..!11 P~,~ .. B2ADF35ED7C5496 ... Director of Administrative Services (""UDocuSigned by: l!~~F~~~ Director of Planning and Community Environment Revised September 20, 2013 Certificate of Completion Envelope Number: AOD300COD2C24D768F851 EBCD5EB4AB7 Subject: Please DocuSign this document: BAO 5322 -Stevenson House.pdf Source Envelope: Document Pages: 2 Certificate Pages: 5 AutoNav: Enabled Envelopeld Stamping: Enabled Record Tracking Stfltus: Original 4/22/2015 8:37:54 AM PT Signer Events Cara Silver cara.silver@cityofpaloalto.org Senior Assistant City Attorney Security Level: Email, Account Authentication (None) Electronic Record and Signature Disclosure: Accepted: 5/12/2015 4:42:30 PM PT ID: e54a9f68-afdb-4 72c-83fa-72d7852d0ff6 Hillary Gitelman Hillary.Gitelman@CityofPaloAito.org Security Level: Email, Account Authentication (None) ' Electronic Record and Signature Disclosure: Accepted: 5/12/2015 5:23:45 PM PT 10: d77f6dbb-b15b-42e9-994b-eaa3eb61244d Lalo Perez Lalo.Perez@CityofPaloAito.org Security Level: Email~ Account Authentication (None) Electronic Record and Signature Disclosure: Accepted: 5/12/2015 6:53:05 PM PT 10: 863dd1f8-3659-401b-8178-47b64ab49129 James Keene James.Keene@CityofPaloAito.org City Manager City of Palo Alto Security Level: Email, Account Authentication (None) Electronic Record and Signature Disclosure: Accepted: 4/14/2015 5:40:07 PM PT I D: 44fe333a-6a81-4cb 7 -b 7d4-9254 73ac82e3 In Person Signer Events Editor Delivery Events Signatures: 4 Initials: 0 Holder: Kim Lunt kimberly.lunt@cityofpaloalto.org Signature Using IP Address: 199.33.32.254 Using IP Address: 199.33.32.254 GDocuSigned by: t.t. fJ,~ .. B2ADF35ED7C5496 ... Using IP Address: 199.33.32.254 Signed using mobile Using IP Address: 199.33.32.254 Signature Status Docu~. iii UC:I,IIU!I Status: Completed Envelope Originator: Kim Lunt 250 Hamilton Ave Palo Alto, CA 94301 kimberly.lunt@cityofpaloalto.org IP Address: 199.33.32.254 Location: DocuSign Timestamp Sent: 5/4/2015 9:07:34 AM PT Viewed: 5/12/2015 4:42:30 PM PT Signed: 5/12/2015 4:42:48 PM PT Sent: 5/12/2015 4:42:50 PM PT Viewed: 5/12/2015 5:23:45 PM PT Signed: 5/12/2015 5:23:59 PM PT Sent: 5/12/2015 5:24:00 PM PT Viewed: 5/12/2015 6:53:05 PM PT Signed: 5/12/2015 6:53:32 PM PT Sent: 5/12/2015 6:53:33 PM PT Resent: 5/18/201511:54:41 AM PT Viewed: 5/18/2015 1 :58:47 PM PT Signed: 5/18/20151:59:09 PM PT Timestamp Timestamp