HomeMy WebLinkAbout2007-05-14 Ordinance 4946ORDINANCE NO. 4946
ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO
AMENDING THE BUDGET FOR THE FISCAL YEAR 2006-07 TO
PROVIDE AN ADDITIONAL APPROPRIATION OF $121,000 FROM THE
INFRASTRUCTURE RESERVE INTO CAPITAL IMPROVEMENT PROGRAM
(CIP) PROJECT NUMBER PL-02005, EL CAMINO REAL/VENTURA
INTERSECTION IMPROVEMENTS
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 provisions of Section 12 of Article III of
the Charter of the City of Palo Alto, the Council on June 12, 2006
did adopt a budget for fiscal year 2006-07; and
B. CIP Project Number PL-02005, El Camino Real/Ventura
Intersection Improvements (Project) had unspent appropriation of
Sixty One Thousand Dollars ($61,000); and
C. This unspent appropriation was returned to the
Infrastructure Reserve pursuant to Budget Amendment Ordinance 4834
approved on May 18, 2004 (CMR: 273:04); and
D. Cal trans has scheduled to begin construction of El
Camino/Ventura Intersection Improvements in the summer of 2007 and
requires a share in the construction costs in the amount not to
exceed $121,000 from the City of Palo Alto (City); and
E. An appropriation of One Hundred Twenty One Thousand
Dollars ($121,000) is needed to provide funds to cover the share
of the City for the construction of the Project; and
F. The additional appropriation of funds is for one-time
expenditures; and
G. City Council authorization is needed to amend the 2006-07
budget as hereinafter set forth.
SECTION 2. The sum of One Hundred Twenty One Thousand Dollars
($121,000) is hereby appropriated to CIP PL-02005, El Camino
Real/Ventura Intersection Improvements.
SECTION 3. The Infrastructure Reserve is hereby decreased by
One Hundred Twenty One Thousand Dollars ($121,000) with a
remaining balance of Twelve Million Seven Hundred Four Thousand
Two Hundred Fifty Two Dollars ($12,704,252) as shown in Exhibit A.
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 will take effect upon its adoption.
SECTION 6. Caltrans, the lead agency for this project, has
determined that this Project is categorically exempt under Section
1510, Class 1, of the Cal trans Regulations for Implementation of
the California Environmental quality Act (CEQA). This is the
equivalent of the CEQA Guidelines exemption category for
alteration of existing facilities. Council concurs with this
conclusion.
INTRODUCED AND PASSED: MAY 14, 2007
AYES:
NOES:
ABSENT:
BARTON, BEECHAM, CORDELL, DREKMEIER, KISHIMOTO, KLEIN,
KLEINBERG, MORTON
MOSSAR
ABSTENTIONS:
WC----,,-. "'------=-~--------Clty Attorney