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HomeMy WebLinkAbout2014-05-19 Ordinance 5246ORDINANCE NO 5246 ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO AMENDING THE BUDGET FOR FISCAL YEAR 2014 TO ACCEPT A DONATION IN THE TOTAL AMOUNT OF $2,821,471 FROM THE FRIENDS OF THE MAGICAL BRIDGE, LLC, AND RECOGNIZE A TRANSPORTATION DEVELOPMENT ACT GRANT FROM THE METROPOLITAN TRANSPORTATION COMMISSION IN THE TOTAL AMOUNT OF $82,712. FINALLY, INCREASES TO THE APPROPRIATIONS FOR THE MAGICAL BRIDGE PLAYGROUND (PG- 12006; $1,874, 183) AND THE ART IN PUBLIC PLACES (AC- 86017; $30,000) CAPITAL PROJECTS ARE PROVIDED. The Council of the City of Palo Alto does ordain as follows: SECTION 1. The City Council of the City of Palo Alto finds and determines as follows: A. Pursuant to the prov1s1ons 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. On July 18, 2011, Council approved a letter of intent between the City and the Friends of the Magical Bridge, LLC to begin design of the Magical Bridge Playground (CMR:1855). The letter of intent included language capping the City's contribution to this project at $300,000; and c. In Fiscal Year 2012, the City Council adopted a budget for CIP Project PG-12006, Magical Bridge Playground (Project), with an initial appropriation of $1,300,000 for the design ($300,000) and construction ($1,000,000) of the project; and D. Pending City Council approval on May 19, 2014, the City Council will enter into a limited-term agreement with the Friends of the Magical Bridge, LLC (Friends) for improvements located within Mitchell Park, including the installation of new paving, playground equipment, playhouse, stage, water fountain, site amenities, landscaping and other improvements consistent with the Park Improvement Ordinance, also to be considered by the City Council on May 19, 2014. Under the terms of the agreement, the Friends will deposit accumulated donations for the Project of $2,821,470 into a City-designated account. The Friends funds are matched with the $300,000 in Capital Improvement Project funds that Council approved for the CIP Project PG-12006 in Fiscal Year 2012 for preliminary design, project seeping and bridge assessment; and E. The total estimated cost of the Project is $3,681,498 which includes all aspects of the construction outlined in the Park Improvement Ordinance as well as donated equipment and design/structural services. F. The appropriation of funds for CIP Project PG-12006; Magical Bridge Playground, is a one-time event, and in future years maintenance and replacement costs will be included in the Community Services Department's budget; and G. City Council authorization is needed to amend the Fiscal Year 2014 budget as hereinafter set forth. SECTION 2. Donation revenue from the Friends of the Magical Bridge, LLC of Two Million eight hundred and twenty one thousand, four hundred and seventy one dollars ($2,821,471) and Transportation Development Act grant revenue from the Metropolitan Transportation Commission in the amount of eighty two thousand seven hundred and twelve dollars ($82,712) is hereby received. SECTION 3. The Magical Bridge Playground (PG-12006) capital project is hereby increased by One Million eight hundred and seventy four thousand one hundred and eighty three dollars ($1,874,183), and the Art in Public Places (AC-86017) capital project is hereby increased by Thirty thousand dollars ($30,000). SECTION 4. As specified in Section Palo Alto Municipal Code, a two-thirds Council is required to adopt this ordinance. 2.28.080(a) of vote of the the City SECTION 5. As provided in Section 2. 04.330 of Alto Municipal Code, this ordinance shall become upon adoption. the Palo effective SECTION 6. The primary environmental issues addressed in the Initial Study include: air quality, biologic resources, and cultural resources. A Mitigated Negative Declaration has been prepared, pursuant to the California Environmental Quality Act (CEQA) . II II II II II II II II II II II II II II II II l INTRODUCED AND PASSED: May 19, 2014 AYES: BERMAN, BURT, HOLMAN, KLEIN, KNISS, PRICE, SCHARFF, SCHMID, SHEPHERD NOES: ABSTENTIONS: ABSENT: ATTEST: APPROVED AS TO FORM: Senior Assistant City Attorney c Services