HomeMy WebLinkAbout2012-03-06 Ordinance 5145ORDINANCE NO.5145
Ordinance of the Council of the City of Palo Al to
amending the Budget for Fiscal year 2012 to provide
additional appropriation of $100,000 within the Vehicle
Replacement Fund for Fuel Purchases
The Council of the City of Palo Alto does ordain as follows:
SECTION 1. The Council of the City of Palo Al to 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 20, 2011 did
adopt a budget for Fiscal Year 2012; and
B. On March 21, 2011, the Council authorized the City Manager to
execute a purchase order with Western States Oil for the provision
of delivery of unleaded gasoline, diesel, and biodiesel fuel (Staff
Report 1444); and
C. The price of fuel is determined by the Oil Price Information
Service (OPIS); and
D. Due to increases in consumption and in the price of fuel as
determined by OPIS, the purchase order authority of $2,676,675 will
soon be exceeded; and
E. $100,000 is needed to execute a change order to provide
sufficient fuel through the end of the fiscal year; and
F. City Council authorization is needed to amend 2012 Vehicle
Replacement Fund operating budget as hereinafter set forth.
SECTION 2. The sum of One Hundred Thousand Dollars ($100,000) is
hereby appropriated to Supplies and Materials in the Public Works
Department and the Vehicle Replacement Fund Reserve is
correspondingly reduced.
SECTION 3. The Vehicle Replacement Fund Reserve is hereby reduced
by One Hundred Thousand Dollars ($100,000) to Seven Million Two
Hundred Twenty-Two Thousand Nine Hundred Forty-One Dollars
($7,220,941) .
SECTION 4. As specified in Section 2.2S.0S0(a) of the Palo Alto
Municipal Code, a two-thirds vote of the City Council is required
to adopt this ordinance.