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HomeMy WebLinkAbout2014-04-29 Ordinance 5243ORDINANCE NO. 5243 ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO AMENDING THE BUDGET FOR FISCAL YEAR 2014 TO PROVIDE ADDITIONAL APPROPRIATION OF $100,000 IN THE GENERAL FUND FOR ADDITIONAL SERVICES ASSOCIATED WITH THE GOLF COURSE. 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 III of the Charter of the City of Palo Alto, the Council on June 10, 2013 did adopt a budget for Fiscal Year 2014; and B. As part of the approval of the FY 2014 Adopted Capital Budget, the City Council approved the Golf Course Reconfiguration Project; and C. The Fiscal Year 2014 Adopted Operating Budget assumed the closure of the Golf Course effective May 2014; and D. In anticipation of the Golf Course Reconfiguration Project, the City applied for permits from the State Water Board; and E. Due to delays in receiving permit approval which has delayed construction as well as contractual obligations with the City's concessionaires at the Golf Course, staff recommends keeping the Golf Course for the remainder of the Fiscal Year or until the State Water Board approves regulatory permits, whichever is sooner. SECTION 2. The revenue estimate for Charges for Services in the General Fund is increased by One Hundred and Forty Thousand Dollars ($140,000) for Golf Course related activities. SECTION 3. The expenditures budget for Golf Course related activities is increased by Two Hundred and Forty Thousand Dollars ($240,000) with a net expenditure increase of One Hundred Thousand Dollars ($100,D00). SECTION 4. The Budget Stabilization Reserve is reduced by One Hundred Thousand Dollars ($100,000) to Thirty Four Million Seven Hundred and Fifty Three Thousand. SECTION 5. 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 6. As provided in Section 2.04.330 of the Palo Alto Municipal Code, this ordinance shall become effective upon adoption. SECTION 7. The actions taken in this ordinance do not constitute a project requiring environmental review under the California Environmental Quality Act (CEQA). INTRODUCED AND PASSED: April 29, 2014 AYES: NOES: ABSTENTIONS: BERMAN, BURT, HOLMAN, KLEIN, PRICE, SCHMID, SHEPHERD ABSENT: KNISS, SCHARFF, A PROVED: APPROVED AS TO FORM: City Attorney