HomeMy WebLinkAbout2006-04-03 Ordinance 4901ORDINANCE NO.4901
ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO AMENDING
THE BUDGET FOR THE FISCAL YEAR 2005-06 TO PROVIDE AN
APPROPRIATION OF $500,000 INTO CAPITAL IMPROVEMENT PROGRAM
(CIP) PROJECT NUMBER EL-89028, ELECTRIC CUSTOMERS CONNECTION
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 20, 2005 did
adopt a budget for fiscal year 2005-06 ("Budget")i and
B. The Budget includes CIP Proj ect Number EL-89 02 8 I Electric
Customers Connection with an initial appropriation of $1,500,000 and
with estimated customers reimbursements of $450,000; and
C. Based on an unanticipated increase in customer service
requests received during the first eight months of the 2005-06 fiscal
year a shortfall in funding is projected for CIP Project Number EL-
89028, Electric Customers Connection; and
D. The increase in customer service requests will also
an increase in customer reimbursements to CIP project
Electric Customers Connection in the anticipated amount of
and
result in
EL-89028,
$275,000;
E. Adjustments to the Budget are necessary to appropriate an
additional $500,000 to increase funding for CIP Project EL-89028,
Electric Customers Connection and to recognize the anticipated
increase of $275,000 in customer reimbursements to this project; and
F. If Electric Fund ongoing costs will be incurred, they will be
included in the operating budget; and
G. City Council authorization is needed to amend the 2005-06
budget as hereinafter set forth.
SECTION 2. The sum of Five Hundred Thousand Dollars ($500,000) is
hereby appropriated to CIP Project EL-89023, Electric Customers
Connection.
SECTION 3. The Electric Fund Distribution Rate Stabilization
Reserve is hereby decreased by Two Hundred Twenty Five Thousand
Dollars ($225,000) with a remaining balance of Eleven Million Four
Hundred Seventeen Thousand Five Hundred Seventy Six Dollars
($11,417,576) as shown in Exhibit A attached to and made a part of
this Ordinance.
SECTION 4. Revenues from customer reimbursements are hereby
increased by $275,000.
SECTION 5. 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
aQopt this ordinance.
SECTION 6. As provided in Section 2.04.330 of the Palo Alto
Municipal Code, this ordinance will take effect upon its adoption.
SECTION 7. The Council finds that the funding of CIP Project EL-
89028, Electric Customers Connection, to restore and replace existing
utility facilities and create new utility facility connections, is a
fiscal activity that does not involve a commitment to any specific
project and therefore is not a project subject to review under the
California Environmental Quality Act (CEQA) [CEQA Guidelines Section
15378 (b) (4)]. Funding of the program does not indicate approval of
any individual new utility connection or replacement, which as each is
proposed will be subject to individual project level analysis under
CEQA.
INTRODUCED AND PASSED: April 3, 2006
AYES:
NOES:
ABSENT:
BARTON, BEECHAM, CORDELL,
KLEINBERG, MORTON, MOSSAR
ABSTENTIONS:
DREKMEIER,
APPROVED AS TO FORM: APPRO D
(~
City Attorney
KISHIMOTO,
~or of Utilities
Department
Director of
Services
KLEIN,