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HomeMy WebLinkAbout2007-07-09 Ordinance 4960ORDINANCE NO.4960 ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO AMENDING THE BUDGET FOR FISCAL YEAR 2007-08 TO ACCEPT A DONATION IN THE AMOUNT OF $192,572 FROM THE FRIENDS OF HERITAGE PARK, LLC AND PROVIDE ADDITIONAL APPROPRIATION TO THE CAPITAL IMPROVEMENT PROGRAM (CIP) PROJECT PG- 07000, HERITAGE PARK PLAYGROUND PUBLIC/PRIVATE PARTNERSHIP PROJECT The Council of the follows: ty of Palo Al to does ORDAIN as The City Council of the City of Palo Alto A. Pursuanr'f.:C>t:1:1e provisions of-sectlon 1-z-o-f~rticle IIr-Df the Charter of the City of 0 Alto, the Council on June 11, 2007 did adopt a budget scal year 2007-08; and B. In fiscal year 200 for CIP Project PG-07000, Partnership Project ( $75,000; and 07, the City Council did adopt a budget Heritage Park Playground Public/Private ect), with an initial appropriation of C. On April 16, 2007, the City Council did adopt Park Improvement Ordinance Number 4947 for improvements located within the dedicated parkland known as the Heritage Park, including: removal of a section of turf; installation of drainage structures; installation of children's playground equipment, tables, benches and amenities; renovation of a section of the irrigation system; and tallation of safety fencing; and term agreement with the Friends of Heritage Park, LLC (Friends) to design, construct and install playground facilities and other improvements at the Heritage Park; and E. The estimated cost of the Project is $267,572. Under the terms agreement, Friends will collect donations and deposit the accumulated donations for the Project into a y- designated account. The City Council approved $75,000 from the Park Development Impact Fees to match the donations of the to pay for cost of the Project; and F. The appropriation of funds for CIP Project PG-07000, Heritage Park Playground Public/Private Partnership Project is a one-time event, and in future years maintenance and acement 'costs will budget; and incl uded in the Community G. City Council authorization is needed to budget as hereina er set forth. ces Department's the 2007-08 2. Donation revenue from the Friends Heritage Park, ..;;....;.....-'----'--- LLC of One Hundred Ninety Two Thousand Hundred Seventy Two Dollars ($192,572) is hereby received and, is appropriated to CIP Project Number PG-07000. ION 3. The transactions above will have no impact on the General Fund Budget Stabilization Reserve. specified in Section 2.28.080(a) of the Palo Alto Code, a two-thirds vote the City Council is adopt this ordinance. ~~~----\that-this--is-r:w-t-a-p~-e.c-t-undeL-the-Calilor.ni.a-En..\Lironme,wn-,-t~aL-.JJ_~ __ _ Quality Act and, therefore, no environmental assessment is necessary. ION 6. As provided in Section 2.04.330 of the Palo Alto Munic Code, this ordinance shall effective upon adoption. INTRODUCED AND PASSED: July 09, 2007 AYES: BARTON, BEECHAM, CORDELL, DREKMEIER, KISHIMOTO, KLEIN, KLEINBERG, MORTON, MOSSAR NOES: ABSTENTIONS: APPROVED: Director Services of Administrative