HomeMy WebLinkAbout2008-07-14 Ordinance 5012---.. -..... ~
ORDINANCE NO. 5012
ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO AMENDING
THE BUDGET FOR THE FISCAL YEAR 2008-09 TO PROVIDE AN
ADDITIONAL APPROPRIATION OF $3,436,981 TO CAPITAL IMPROVEMENT
PROGRAM (CIP) PROJECT PE-98020, PUBLIC SAFETY BUILDING
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 9, 2008 did adopt a budget for fiscal year 2008-09; and
---:8-. -Tn-rrsca-l-year-zGG6-=-07-, -the-Ci-ty-Cotlne-il---appr-opri-ated--.. -~-.
$1,000,000 for CIP Project PE-98020, Public Safety Building
(project) to cover the costs of the preliminary design 6fa--
public safety building and its associated parking garage, and
an Environmental Impact Report (EIR) certification; and
C. In September 2006, the City Council approved a
consultant services contract with RossDrulisCusenbery
Architecture, Inc. (RDC) for an environmental impact report
(EIR) , preliminary engineering and architectural design and
cost estimates to a 25% level of effort for a new Public
Safety Building (PSB) proposed on the Park Boulevard site
(CMR:374:06); and
D. In fiscal year 2007-08, the City Council approved
another appropriation of $1,036,00,000 for the design costs of
the Project and for an option payment to Essex Park Boulevard,
LLC to acquire real property located at 2785 Park Boulevard
(CMR420:07) i and
E. In November 2007, City Council certified the
Environmental Impact Report analyzing various site and
building configurations located at Park Boulevard and approved
a purchase option agreement with Essex Park Boulevard, LLC to
acquire the 2785 Park Boulevard property (CMR:420:07); and
F. In February 2008, City Council reviewed the financing
options and authorized funding for the proj ect design and
construction using Certificates of Participation (COPs), and
staff was directed to return to Council as soon as possible
with a consultant scope of services to continue design and
construction documents of the reduced site Option B for the
Public Safety Building project (CMR: 144:08); and
G. The consultant contract with RDC needs to be amended
to complete the design, construction documents and estimates
of Public Safety Building project. Details of the construction
cost scope of work are listed in CMR:290:08i and
H. In May 2008, the City received an offer from Brown
Fairchild-Park Investment Company, L. P. to enter into an
option to purchase agreement with the City for a property
located at 2747 Park Boulevard. This parcel is adjacent to the
2785 Park Boulevard identified in Section Ei and is also
identified as another parcel for the planned Proj ect. The
agreement proposed a purchase price of $2,732,000i an initial
payment of $109,280 upon execution of the Option to Purchasei
and a monthly payment of $9,106 to commence in July 2009; and
I. Constructing the Proj ect on two lots will reduce
overall project costs by eliminating design constraints
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will also enhanced security for operationsi and
J. Additional costs such as real estate fees, outside
legal ceunsel and printing and mailing are needed for the
Project to be on track with the established timeline. There
were no appropriations to cover the cost of these
expendi tures. The existing appropriation balance of this
Project is $580,100 and is not sufficient to cover the
additional costs of $4,017,081. Details are' broken down as
followSi and
Description Amount
RDC contract $3,807,801
Brown Fairchild-Park Investment $ 109,280
Company, L.P. -initial payment
for option to purchase (2747
Park Boulevard)
Real Estate fees and outside $ 40,000 ..
6eUE:Se-;l.-E-ee-s -eseFew aeeeUFFC--.-
and title insurance
Printing and Mailing costs $ 60,000
Total $4,017,081
Existing ~ppropriation balance $ 580,100
Amount needed $3,436,981
K. City Council authorization is needed to amend the
2008-09 budget to make available the funds needed for CIP
Project PE-98020, Public Safety Building.
SECTION 2. The General Fund Budget Stabilization Reserve
is hereby decreased by Three Million Four Hundred Thirty Six
Thousand Nine Hundred Eighty One Dollars ($3,436,981) with a
remaining balance of Twenty Two Million Two Thousand Nineteen
Dollars ($22,002,019) as shown in Exhibit A.
SECTION 3. The sum of Three Million Four Hundred Thirty
Six Thousand Nine Hundred Eighty One Dollars ($3,436/981) is
hereby appropriated to CIP Project PE-98020, Public Safety
Building.
SECTION 4. 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 5. As provided in Section 2.04.330 of the Palo
Alto Municipal Code, this ordinance shall become effective
upon adoption.
SECTION 6. A Draft EIR relating to the proposed Public
Safety Building was circulated on July 31/ 2007 and the Final
EIR was released on October 31, 2007. On November 19, 2007/
the City council certified the Environmental Impact Report.
INTRODUCED AND PASSED: July 14, 2008
AYES:
NOES:
ABSTENTIONS:
ABSENT:
BARTON, BURT, DREKMEIER, ESPINOSA,
KISHIMOTO, KLEIN, SCHMID, YEH
MORTON
APPROVED:
Attorney
• July 1, 2008 (unaudited balance)
Net change to reservc-adopted budget
Projected ending balance before BAO's
BSR Balance After BAO's
City of Palo Alto
ExbibitA
$25,176,000
$263,000
$25,439,000
$22,002,019 1