HomeMy WebLinkAbout2006-10-16 Ordinance 4922ORDINANCE NO 4922
ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO AMENDING
THE BUDGET FOR THE FISCAL YEAR 2006-07 TO PROVIDE ADDITIONAL
APPROPRIATION TO CAPITAL IMPROVEMENT PROGRAM (CIP) PE-05002,
PALO ALTO MAIN LIBRARY SPACE RECONFIGURATION OF $157,892
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 prOV1Slons 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. In fiscal year 2004-05, the Council did adopt a budget
for CIP project PE-05002, Main Library Space Reconfiguration
(Project), with an initial appropriation of $352,392; and
C. From fiscal year 2004-05 through to date, expenses
related to the Project were incurred and the Project is
estimated to have a remaining balance of $138,338 for the
construction cost of the Project; and
D. This project was put out to bid; the low bid is higher
than the balance available from the Project and additional
funding of $157,892 is required to construct the Project; and
E. The total additional appropriation of $157,892 for
this project will be funded by a transfer of appropriation
from CIP Project LB-94018, Library Automation of $22,794; and
by a drawdown from the Capital Proj ect Fund Infrastructure
Reserve of $135,098; and
F. City Council authorization is needed to amend the
2006-07 budget to make available the funds required for
construction of CIP Proj ect PE-05002, Main Library Space
Reconfiguration.
SECTION 2. The sum of One Hundred Fifty Seven Thousand
Eight Hundred Ninety Two Dollars ($157,892) is hereby
appropriated to CIP Project PE-05002, Main Library Space
Reconfiguration.
SECTION 3. The appropriation of CIP Project LB-94018,
Library Automation is hereby reduced by Twenty Two Thousand
Seven Hundred Ninety Four Dollars ($22,794).
SECTION 4. The Capital Project Fund Infrastructure
Reserve is hereby decreased by One Hundred Thirty Five
Thousand Ninety Eight Dollars ($135,09S) with a remaining
balance of Ten Million Five Hundred Forty One Thousand Nine
Hundred Two Dollars ($10,541,902) as shown in Exhibit A.
SECTION 5. 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.
SECTION 6. As provided in Section 2.04.330 of the Palo
Alto Municipal Code, this ordinance shall become effective
upon adoption.
SECTION 7. The Council of the City of Palo Alto hereby
finds that this project is exempt from the provisions of the
California Environmental Quality Act, and therefore, no
environmental impact assessment is necessary.
INTRODUCED AND PASSED: October 16, 2006
AYES: Barton, Beecham, Cordell, Drekmeier, Kishimoto,
Klein, Kleinberg, Morton
NOES:
ABSTENTIONS: Mossar
ABSENT:
APPROVED AS TO FORM:
sst. City Attorney
Director
Services
Public Works