Loading...
HomeMy WebLinkAbout2009-07-20 Ordinance 5044ORDINANCE NO. 5044 ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO AMENDING THE BUDGET FOR THE FISCAL YEAR 2010 TO PROVIDE AN ADDITIONAL APPROPRIATION OF $262,017 TO CAPITAL IMPROVEMENT PROGRAM (CIP) PROJECT WS-07003, WATER MAIN REPLACEMENT (WMR) PROJECT 21, AND PROVIDE AN ADDITIONAL APPROPRIATION OF $24,692 TO CIP PROJECT WS-080017, WMR PROJECT 22 The Council of the City of Palo Alto does ordain as follows: SECTION 1. and determines as Council of the City of Palo Alto finds lows: A. Pursuant to the prOV1Slons of Section 12-6f-Ai"ticle lIIOI--" of~l?aJQAl to,_thE:LCOunGiJ on __ J:u.ne 15, 2009 scal Year 2010; and B. In Fiscal Year 2007, the Council did adopt a budget for CIP Project WS 07003, Water Main Replacement Project 21 (Project 21), with an ini appropriation of $226,000 for the design cost. In Fiscal Year 2008, Council increased the appropriation by $2,800,000 for construction cost, bringing total appropriation to $3,026,000 for Project 21; and C. In Fiscal Year 2008, the Council did adopt a budget CIP Project WS 08017, Water Main Replacement Project 22 (Project 22), with an tial appropriation of $233,000 for the design cost. In Fiscal Year 2009, Council increased the appropriation by $2,730,000 for the construction cost, bringing total appropriation to $2,963,000 for Project 22; and D. From Fiscal Year 2007 to date, expenses related to design elements of the Proj ect were incurred leaving a balance of construction costs for project 21 and Project 22, respectively; and E. Street cut fees payable to the General Fund in the amount of $209,249 for both Project 21 and Project 22 are necessary related construction costs that were not included in the previous appropriation the projects; and F. These projects were put out to bid; the low bid is higher than the amount available for the projects. Additional funding of $262,017 and $24,692 is required to cover the construction costs and street cut for Project 21 and Project 22, respectively. The total additional appropriation for these proj ects will be ". funded by a transfer of appropriation from the existing CIP Project WS-06002, WMR Project 20 and a drawdown from the Water Fund Rate Stabilization Reserve. The summary of the transactions affecting these projects are reflected in the following table; and Description WS-07003 WS-08017 Total Project ,21 Project 22 Total $3,026,000 $2,963,000 $5,989,000 Appropriations from FY 2007 through FY 2009 Less: Design Costs $273,282 $42,406 $315,688 Balance Available $2,752,718 $2,920,594 $5,673,312 After Design Costs Less: Street Cut $127,232 $82,017 $209,249 -, .~.-------~---= -F'ees-' '---~~-.-.. --' -_._---_.----~-~-... --~---~---.-~-----" .. _. ,----- Amount Available $2,625,486 $2,838,577 $5,464,063 ------------------------------- --------------------------------... -------------.. Less: Construction $2,887,503 $2,863,269 $5,750,772 Costs (including 10% contingency) Amount Needed for $262,017 $24,692 $286,709 Additional Appropriation Funding Sources Transfer of Water Rate appropriation Stabilization from CIP Reserve Project WS- 06002 (WMR project 20)of $180,000 and Water Rate Stabilization Reserve of --. $.82., 0.17. . _-.-----. __ . ' .. G. City Council authorization is needed to amend the Fiscal Year 2010 budget to make available the funds required for construction of the projects. SECTION 2. The sum of Two Hundred Sixty Two Thousand Seventeen Dollars ($262,017) is hereby appropriated to CIP Project WS-07003, Water Main Replacement Project 21. SECTION 3. The appropriation for CIP Project WS-06002, Water Main Replacement Proj ect 20 is hereby reduced by One Hundred Eighty Thousand Dollars ($180,000). SECTION 4. The sum of Twenty Four Thousand Six Hundred Ninety Two Dollars ($24,692) is hereby appropriated to CIP Project WS- 08017, Water Main Replacement Project 22. SECTION 5. The Water Rate Stabilization Reserve is hereby decreased by One Hundred Six Thousand Seven Hundred Nine Dollars ($106,709) with a remaining balance of Thirteen Million Nine Hundred Seven Thousand Two Hundred Ninety One Dollars ($13,907,291) . SECTION 6. The transactions above will have no impact on the Capital Project Fund Infrastructure Reserve. SECTION 7. 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. ----~--·-----·---:SECT~g. As provi-dea-ih Section Z-:-O-l1--:-TTO--oI~ne Palo Al~~--- Munici:Qa:L ___ C()ge , _______ thj._Q __ O:['(:iJ,.rlfing~ _ sbi:!Jl_ b_~c_QI!l~ __ e:t.fectiY~ __ llPorl adoption. SECTION 9. The Council of the City of Palo Alto hereby finds that these projects are categorically exempt from the provisions of the California Environmental Quality Act, pursuant to CEQA Guidelines Sections 15301 (b) (repair, maintenance of existing facilities and 15302 (b) (replacement or reconstruction of existing facilities) and therefore, no environmental impact assessments are necessary. INTRODUCED AND PASSED: AYES: NOES: BARTON, BURT, DREKMEIER, ESPINOSA, KISHIMOTO, KLEIN, MORTON, SCHMID, YEH ABSTENTIONS: ---------~-~~EN~~:============~======================================~~~~~~~== APPROVED: Mayor APPROVED AS TO FORM: s~i~l~ Attorney Direct~il'ties Director Services lve -----------~---.~--------.-------------~--