Loading...
HomeMy WebLinkAbout2001-05-21 Ordinance 4698ORDINANCE NO. 4698 ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO AMENDING THE BUDGET FOR THE FISCAL YEAR 2000-01 TO ACCEPT REVENUE FROM THE STATE TRAFFIC CONGESTION RELIEF FUND AND TO PROVIDE AN ADDITIONAL APPROPRIATION OF $438,395 TO CAPITAL IMPROVEMENT PROJECT (CIP) NUMBER 9630, STREET MAINTENANCE WHEREAS, pursuant to the provisions of Section 12 of Article III of the Charter of the City of Palo Alto, the Council on June 19, 2000 did adopt a budget for fiscal year 2000-01; and WHEREAS, Assembly Bill 2928 was established to provide traffic congestion relief to cities and counties throughout the state through the State Traffic Congestion Relief Fund; and WHEREAS, the City has received an award of funds from the State to provide for the repair of additional city streets and curb related repairs; and WHEREAS, CIP 9630 provides for the annual resurfacing and reconstruction of various City streets; and WHEREAS, the budget needs to be amended to increase revenue and provide an additional appropriation for CIP 9630; and WHEREAS, the additional appropriation of funds is a one-time cost and no future year General Fund ongoing costs are anticipated; and WHEREAS, City Council authorization is needed to amend the 2000-01 budget as hereinafter set forth. NOW, THEREFORE, the Council of the City of Palo Alto does ORDAIN as follows: SECTION 1. Revenue in CIP project number 9630 is increased by the sum of Four Hundred Thirty Eight Thousand Three Hundred Ninety Five Dollars ($438,395) for receipt of funds from the State Traffic Congestion Relief Fund. SECTION 2. The sum of Four Hundred Thirty Eight Thousand Three Hundred Ninety Five Dollars ($438,395) is hereby appropriated to CIP project number 9630, Street Maintenance. SECTION 3. This transaction will have no impact on reserves. SECTION 4. As specified in Section 2.2S.0S0(a) of the Palo Al to Municipal Code, a two-thirds vote of the City Council is required to adopt this ordinance. SECTIQN 5. This project is exempt from the provisions of the California Environmental Quality Act. and no further environmental review is required. SECTION 6. As provided in Section 2.04.350 of the Palo Alto Municipal Code, this ordinance shall become effective upon adoption. INTRODUCED AND PASSED: May 21, 2001 AYES: Beecham, Burch, Eakins, Fazzino, Kleinberg, Lytle, Mossar, Ojakian NOES: ABSTENTIONS: ABSENT: Wheeler ATTEST: .~~~ City Clerk . APPROVED AS TO FORM: ~~0,~ Senior Asst. City Attorney THIS DOCUMENT IS CERTIFIED TO BE AN ORDINANCE DULV PASSEl) BY THE COUNCil OF THE CITY OF PALO ALTO ANO 1lfEREA~ rER POSTED '&r fi eEi I' ~:;I CHAMBERS ON 10_ (W(iHlf\l15 DAYS OF ITS PASSAGE) I ". certify (or declare) under penalty of perjury that the foregoing Is true ·1IId correc .. " ~ D~Jl.iSre £Qj2lLMhL APPROVED: r:t(L Administrative