HomeMy WebLinkAbout2003-05-05 Ordinance 4789ORDINANCE NO. 4789
ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO
AMENDING THE BUDGET FOR THE FISCAL YEAR 2002-03 TO ACCEPT
AND EXPEND GRANT AND STREET IMPROVEMENT FUNDS IN THE
TOTAL AMOUNT OF $497,785 INTO CAPITAL IMPROVEMENT
PROGRAM (CIP) PROJECT 19310, EMBARCADERO ROAD
PEDESTRIANIBICYCLE BRIDGE AND BIKE PATH EXTENSION PROJECT
The Council of the City of Palo Alto does ORDAIN as follows:
SECTION 1. The Council of the City of Palo Alto finds and deterrriines 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 17, 2002 did adopt a budget for fiscal year 2002-03; and
B. Council approved the creation of CIP 19310, Embarcadero Road PedestrianlBicycle
Bridge and Bike Path Extension Project for the construction of a bicycle/pedestrian path along the
west side of the Caltrain tracks, from Churchill A venue to the University Avenue Cal train Station,
including a bicycle/pedestrian bridge over Embarcadero Road; and
C. In May 1996, bids on this project were over the engineer's estimates and 50 percent
higher than available funds and subsequently the bids were rejected; and
D. Staff pursued alternative options for making this project viable and none of the
alternatives were feasible so staff recommended abandoning the project; and
E. Council instructed staff to continue working on implementing this project and staff has
identified additional funding sources and entered into agreements resulting in sufficient project
funding; and
F. The following agencies have awarded the City reimbursable grants: TEA-21 Federal
funds (CMAQ), Congestion Mitigation & Air Quality, State TSM funds, Transportation
Development Act 3 funds, Measure B funds (Developer Mitigation Fees); and
G. The City of Palo Alto Street Improvement Fund will also provide for additional
expenditures in CIP project 19310; and
H. City Council authorization is needed to accept and expend the grant receipts and the
Street Improvement Fund funds transfer; and
I. City Council authorization is needed to amend the 2002-03 budget as hereinafter set
forth.
SECTION 2. Revenue in CIP Project Number 19310 is increased/decreased by the
following funding sources (see table below):
Funding Source Amount
TEA-21 Federal Funds (CMAQ), Congestion Mitigation &
Air
SECTION 3. Grant revenue in CIP Project Number 19310 is increased by Four Hundred
Twenty-Six Thousand Five Hundred Twenty-Five Dollars ($426,525) for receipt of grant funds.
SECTION 4. Revenue in CIP Project Number 19310 is increased by a transfer from the
2002-03 Street Improvement Fund Reserve in the amount of Seventy-One Thousand Two
Hundred Sixty Dollars ($71,260)reducing the Street Improvement Fund Reserve to $1,109,894.
SECTION 5. The transactions in sections 3 and 4 will increase the revenue in Capital
Improvement Project 19310 by $497,785.
SECTION 6. The sum of Four Hundred Ninety-Seven Thousand Seven Hundred Eighty-
Five Dollars ($497,785) is hereby appropriated to Capital Improvement Project Number 19310.
SECTION 7. The transactions above will have no impact on the Budget Stabilization
Reserve.
SECTION 8. As specified in Section 2.28.080(a) of the Palo Alto MunicipahCode, a two-
thirds vote of the City Council is required to adopt this ordinance.
SECTION 9. The Council in its meeting on August 1, 1994 approved an environmental
assessment (94-EIA-16) for the Bike Path Project.
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SECTION 10. As provided in Section 2.04.350 of the Palo Alto Municipal Code, this
ordinance shall become effective upon adoption.
INTRODUCED:
PASSED:
AYES:
NOES:
ABSENT:
ABSTENTIONS:
May 5, 2003
BEECHAM, BURCH, FREEMAN, KISHIMOTO, KLEINBERG, LYTLE
MORTON, MOSSAR, OJAKIAN
APPROVED:
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