Loading...
HomeMy WebLinkAbout2001-12-17 Ordinance 4731ORDINANCE NO. 4731 ------ ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO AMENDING THE BUDGET FOR THE FISCAL YEAR 2001-02 TO ESTABLISH CAPITAL IMPROVEMENT PROGRAM PROJECT NO. CIP 10223, MASTER SCHEMATIC DESIGN FOR EL CAMINO REAL; TO ACCEPT GRANT FUNDS FROM CAL TRANS IN THE AMOUNT OF $240,000 AND TO APPROPRIATE THAT AMOUNT TO CIP 10223; AND TO TRANSFER $48,000 FROM THE EL CAMINO MEDIAN LANDSCAPE CAPITAL PROJECT, NUMBER CIP 10113, TO CIP 10223 WHEREAS, pursuant to the provisions of Sectiori 12 of Article III of the Charter of the City of Palo Alto, the Council on June 11, 2001 did adopt a budget for scal year 2001-02; and WHEREAS, on November 13, 2001, Council approved a Cooperative Agreement between the City and Cal trans allowing the City to be reimbursed by federal and state matching funds up to $240,000; and WHEREAS, the budget needs to be amended to create and fund a capital improvement project for the purpose of hiring an interdisciplinary urban design/transportation consultant team to conduct related feasibility studies and to prepare a Master Schematic Design Plan for the Caltrans right of way on EI Camino Real(State Route #82); and WHEREAS, the additional appropriation of necessary funds will derive from grant revenue and a transfer of funds from CIP Project 10113, EI Camino Median Landscape Capital Project, which has a remaining balance of $1,575,000; and WHEREAS, this project may require additional ongoing future resources, which are unknown at this time. Staff will actively seek grant funding for any recommendations that may come out of the EI Camino Real study; and WHEREAS, City Council authorization is needed to accept and expend the grant receipts; and WHEREAS, City Council authorization is needed to amend the 2001-02 budget as hereinafter set forth. NOW, THEREFORE, the Council of the City of Palo Alto does ORDAIN as follows: SECTION 1. Capital Improvement Project {CIP} 10223, Master Schematic Design Plan for EI Camino Real {State Route #82} Capital Project, Number 10223 is hereby created. SECTION 2. The sum of Two Hundred Eighty-eight Thousand Dollars ($288,OOO) is hereby appropriated to Capital Improvement Project No. 10223. SECTION 3. Revenue in CIP Project Number 10223 is increased by the sum of Two Hundred Forty Thousand Dollars ($240,OOO) for receipt of grant funds from Caltrans. SECTION 4. The sum of Forty-Eight Thousand Dollars ($48, 000) is hereby transferred from Capital Improvement Proj ect Number 10113 to the appropriation for Capital Improvement Project Number 10223. SECTION 5. This transaction will reduce the amount appropriated to CIP Project 10113 from $1,575,000 to $1,527,000. SECTION 6. The transactions above will have no impact on the Budget Stabilization Reserve. SECTION 7. 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 adopt this ordinance. 'SECTION 8. As provided in Section 2.04.350 of the Palo Alto Municipal Code, this ordinance shall become effective upon adoption. INTRODUCED AND PASSED: December 17, 2001 AYES: Beecham, Burch, Eakins, Fazzino, Kleinberg, Lytle, Mossar, Ojakian, Wheeler NOES: ABSTENTIONS: ABSENT: Aa:~ City Clerk ~ APPROVED AS TO FORM: ~&J,~ Senior Asst. City Attorney Tii:;;; DGCW.1f::NT IS CEFmFIED TO Be AN . Oi,:DlN!;,:I!(;::: DULY PASSED BY THE COiJNCILt CY ';':.,,: '(:q'/ c~;: PJU.O M.TO ArI.lD , . ':,~ ;', ,:~?SrEt~lo, Tt!t COUNCIL ','-' './ ... ~<-~. -P .. (WITHIN 'lie . ; f .. C~j\SDAG ) APPROVED: Administrative Director of Planning