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HomeMy WebLinkAbout2002-06-10 Ordinance 4755ORDINANCE NO. 4755 ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO AMENDING THE BUDGET FOR THE FISCAL YEAR 2001-02 TO ACCEPT REVENUE FROM THE STATE TRAFFIC CONGESTION RELIEF FUND AND THE VTA, AND TO PROVIDE AN ADDITIONAL APPROPRIATION TO THE STREET MAINTENANCE CAPITAL IMPROVEMENT PROGRAM PROJECT, NUMBER 9630 IN THE AMOUNT OF $259,916 WHEREAS, pursuant to the provisions of Section 12 of Article III of the Charter of the City of Palo Alto, the Council on June 11, 2001 did adopt a budget for fiscal year 2001-02; and WHEREAS, pursuant to AB2928, the State Traffic Congestion Relief Fund has allocated a $138,311 appropriation to the City; and WHEREAS, the Santa Clara County Valley Transportation Authority (VTA) Board has increased the City's allocation of Measure B funding for street maintenance by $121,605; and WHEREAS, the City desires to use these additional funds to increase the number of streets to be repaired under the pavement management program; and WHEREAS, the additional appropriation of funds is for one-time expendi tures and no future year General Fund ongoing cos ts are anticipated; and WHEREAS, City Council authorization is needed to accept and expend the additional appropriations for street maintenance; 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. Revenue in CIP Project Number 9630 is increased by the sum of Two Hundred Fifty Nine rfhousand Nine Hundred Sixteen Dollars ($259,916) for receipt of funds from the State Traffic Congestion Relief Fund in the amount of $138,311 and from the VTA in the amount of $121,605. SECTION 2. The Sum of Two Hundred Fifty Nine Thousand Nine Hundred Sixteen Dollars ($259,916) is hereby appropriated to Capital Project 9630. SECTION 3. The transactions above will have no impact on the Budget Stabilization Reserve. SECTION 4. 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 5. The Council of the City of Palo Alto hereby finds that this project is categorically exempt from the provisions of the California Environmental Quality Act and, therefore, no environmental impact assessment is necessary. 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: June 10, 2002 AYES: Burch, Freeman { Kishimoto, Kleinberg, Lytle, Morton, Mossar, Ojakian NOES: ABSTENTIONS: ABSENT: Beecham ATTEST: c~~·~ THIS DOCUMENT IS CERTIFIED 1'0 BE AN ORDINANCE DULY PASSED BY THE COUNCIL ~ OF THE CITY OF PALO ALTO AND-",-\.. T. ~lEREJ\1-TER POST~~ If/b COUNCIL CHAMBERS ON 0/ (WITHIN 18 fJ{.\'fS Of ITS PASSAG 'I cerllly (or declare) under penalty 1)1 pC:)rj:WY that the foregoing is true aile' Clme:hOilD--.ace APPROVED: Director Administrative I)::r, . Director of PU~