HomeMy WebLinkAbout2013-05-20 Ordinance 5195ORDINANCE NO.5195
ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO
AMENDING THE BUDGET FOR THE FISCAL YEAR 2013 TO
PROVIDE AN APPROPRIATION OF $3,869,063 TO CAPITAL
IMPROVEMENT PROGRAM PROJECT NUMBER PE-11000, MAIN
LIBRARY NEW CONSTRUCTION AND IMPROVEMENTS 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
III of the Charter of the City of Palo Alto, the Council on
June 18, 2012 did adopt a budget for fiscal year 2013; and
B. In fiscal years 2011, 2012, and 2013, the Council
appropriated $20,848,500 for CIP Project PE-11000, Main
Library New Construction and Improvements, for work as
outlined in the Measure N bond passed by voters in November
2008; and
C. The existing appropriation of $20,848,500 is not
sufficient to cover the revised project costs of $24,717,563.
An additional appropriation of $3,869,063 is needed to
complete the project; and
D. The additional appropriation of $3,869,063 for the
proj ect will be funded by a transfer from existing eIP
proj ects and the Capital Fund Infrastructure Reserve. The
details of the funding sources are summarized in the following
table; and
.. ~ Flll1.ding Source Amount ,
Transfer from ClP Project $1,000,000
PE-09005 Downtown Library
Improvements
Transter trom CIP Project $500,000
PF-09007 Art Center
Electrical & Mechanical
Upgrades
Transter trom CIP Project 1,317,563
PE-09006 Mitchell Park
Library and Communi ty
Center New Construction
Capital Fund Intrastructure $1,051,500
E. City Council authorization is needed to amend the 2013
budget as hereinafter set forth.
SECTION 2. The sum of Three Million Eight Hundred Sixty-
Nine Thousand Sixty-Three Dollars ($3,869,063) is hereby
appropriated to CIP Project PE-11000, Main Library New
Construction and Improvements.
SECTION 3. The sum of One Million Dollars ($1,000,000) is
hereby transferred from CIP Project PE-09005, Downtown Library
Improvements to CIP Project PE-11000, Main Library New
Construction and Improvements.
SECTION 4. The sum of Five Hundred Thousand Dollars
($500,000) is hereby transferred from CIP Project PF-09007,
Art Center Electrical & Mechanical Upgrades to CIP Project PE-
11000, Main Library New Construction and Improvements.
SECTION 5. The sum of One Million Three Hundred Seventeen
Thousand Five Hundred Sixty-Three Dollars ($1,317,563) is
hereby transferred from CIP Proj ect PE-09006, Mitchell Park
Library and Community Center New Construction to CIP Project
PE-11000, Main Library New Construction and Improvements.
SECTION 6. One Million Fifty-One Thousand Five Hundred
Dollars ($1,051,500) is hereby transferred from the Capital
Fund Infrastructure Reserve, leaving a balance of $12,952,070.
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.
SECTION 8. As provided in Section 2.04.330 of the Palo
Alto Municipal Code, this ordinance shall become effective
upon adoption.
SECTION 9. On July 21, 2008, the Council confirmed the
Director of Planning and Community Environment's approval of a
2007 Addendum to the 2002 ~final Environmental Impact Report
for the Main Library.
INTRODUCED AND PASSED: May 20, 2013
AYES: Berman, Holman, Klein, Kniss, Scharff, Schmid, Shepherd
NOES:
ABSTENTIONS:
ABSENT: Burt, Price
ATTEST:
Au9'~ City Clerk
APPROVED AS TO
~
Senior Assistant
Attorney
.~-------:---
Mayor