HomeMy WebLinkAbout2000-01-18 Ordinance 4607ORDINANCE NO. 4607
ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO
AMENDING THE BUDGET F'OR THE FISCAL YEAR 1999-00 TO
INCREASE THE MANAGEMENT FEE PAID~ TO BRAD LOZARES FOR
SERVICES PROVIDED AT THE PALO ALTO MUNICIPAL GOLF COURSE
OFFSET BY INCREASE IN REVENUE RESULTING IN AN ESTIMATED
NET RETURN TO THE GENERAL FUND RESERVES OF $69,800
WHEREAS, pursuant to the provisions of Section 12 of Article
III of the Charter of the City of Palo Alto, the Council on June 28,
1999 did adopt a budget for fiscal year 1999-00; and
WHEREAS, on March 16, 1998, Council approved a 20-month
management agreement for golf course professional services with Mr.
Brad Lozaresj and
WHEREAS, the management agreement provides for the payment of
fixed and percentage fees to the Golf Professional to compensate Mr.
Lozares for the services provided at the Municipal Golf Course; and
WHEREAS, due to delay in completion of Golf Course Master Plan
improvements I the Golf Professional has requested that the City
extend the management agreement for an additional 8 -months to
determine typical income figures for the Golf Course; and
WHEREAS, in addition, staff is recommending that the
percentage fee cap be removed so compensation paid to the
professional will be directly proportional to the services provided,
which results in an increase expense of $34,100; and
WHEREAS, as a result of, higher levels of activity since the
completion of the improvements and quality professional management,
golf course revenues are increased by $103,900; and
WHEREAS, the net increase of $69,800 to the City's General
Fund Budget Stabilization Reserve is one-time in nature, and it is
anticipated that there will be future year revenue increases,
partially offset by management fees that will vary depending on the
level of golf course activity; and
WHEREAS, City Council authorization is needed to amend the
1999 00 budget as hereinafter set forth.
NOW, THEREFORE, the Council of the City of Palo Al to does
ORDAIN as follows:
SECTION J. Revenue in the Golf Services Functional Area of the
Community Services Department increased by the sum of One Hundred
Three Thousand Nine Hundred Dollars ($103,900).
SECTION 2. The sum of Thirty Four Thousand One Hundred Dollars
($34,100) is hereby apprppriated to non-salary expenses in the Golf
Services Functional Area in the Community Services Department.
SECTION 3. The transactions approved in Sections 1-2 will
result in a net addition to the General Fund Budget Stabilization
Reserve of $69,800.
SECTION 4. This transaction will increase the Budget
Stabilization Reserve from $19,085,339 to $19,155,139.
SECTION 5. As specified in Section 2.28.080(b) of the Palo
Al to Municipal Code, a two thirds vote of the City Council is
required to adopt this ordinance.
SECTION 6. The Council of the City of Palo Alto hereby finds
that this is not a project under the California Environmental
Quality Act and, therefore, no environmental impact assessment is
necessary.
SECTION 7. As provided in Section 2.04.350 of the Palo Alto
Municipal Code, this ordinance shall become effective upon adoption.
INTRODUCED AND PASSED: January 18, 2000
AYES: BURCH, EAKINS, KLEINBERG, KNISS, LYTLE, MOSSAR, OJAKIAN
NOES:
ABSTENTIONS:
ABSENT: BEECHAM, FAZZINO
AT~ • ~
APPROVED AS TO FORM:
~ r);, CLLt.Q..9-
S~ City Attorney
THIS DOCUMENT IS CERTIFIED TO BE AN
ORD!NANCE DULY PASSED BY THE COUNCIL
OF TH:; CITY OF PALO ALTO AND
YHE~(EA'.-fiEf! POSTE~ IN TH1 COUNCil.
CHA;,)'3cRS 01\1 _, s;tStCX) (WITHIN 15
DAVS 01; ITS PASSA E)
'" certify (or declare) Ililder penalty
01 perjury that the foregoing is true
and correct." ,jJiJ DO fb..f!tVlff.1t' ''-/?dr..A;(JaJa,)W/ r-..-
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Administrative