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HomeMy WebLinkAbout2002-10-21 Ordinance 4768ORDINANCE NO. 4767 ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO AMENDING THE BUDGET FOR THE FISCAL YEAR 2002-03 TO PROVIDE AN ADDITIONAL APPROPRIATION OF $50,000 FOR THE CITY'S CONTRIBUTION TO THE COST OF A SOUND WALL FOR THE TENNIS FACILITY AT 3005 MIDDLEFIELD ROAD WHEREAS, pursuant to the provlslons 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 WHEREAS, on October 4, 1999, Council approved a BAO appropriating $50,000 for the City's contribution to the cost of the sound wall and a related Amendment to the Option Agreement between the City and CSI; and WHEREAS, the $50,000 originally budgeted in fiscal 1999-00 under the BAO 4591 approved by Council on October 4, 1999 was not carried forward through the subsequent years; and was returned to the Budget Stabilization Reserve as of June 30, 2001; and WHEREAS, City Council authorization is needed to amend the 2002-03 budget to make an additional appropriation of $50,000 as hereinafter set forth; and . WHEREAS, the additional appropriation of funds from the General Fund Budget Stabilization Reserve is a one-time cost and no future year General.Fund ongoing costs are anticipated from the construction of this Sound Wall. NOW, THEREFORE, the Council of the City of Palo Alto does ORDAIN as follows: SECTION 1. The sum of Fifty Thousand Dollars ($50,000)) is hereby appropriated to non-salary expenses in the Property Management Functional Area in the Administrative Services Department, and the Budget Stabilization Reserve is correspondingly reduced. SECTION 2. This transaction will reduce the Budget Stabilization Reserve from $22,680,000 to $22,630,000. SECTION 3. 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 4. A mitigated Negative Declaration for the project was approved by Council on October 13, 1998. No further environmental review for the project is necessary under the requirements of the California Environmental Quality Act (CEQA). SECTION 5. As provided in Section 2.04.350 of the Palo Alto Municipal Code, this ordinance shall become effective upon adoption. INTRODUCED AND PASSED: October 21, 2002 AYES: Beecham, Burch, Freeman, Kishimoto, Lytle, Mossar NOES: NOT PARTICIPATING: Morton ABSENT: Kleinberg, Ojakian ATTEST: lW§ r36CUMEf.jf I§ 6etn'lfil!fj to ee AN ?~?~~~NCE DULY PASSED BY THE COUNCIL 1.;;-! f'; ,-CITY OF PALO ALTO AND n·H:'~iG\.~ n.m POSTED IN THE COUNCIL i~Hj:,l'flr~~::rlS ON " (WITHIN 15 '.L'W8 OF ITS PASSAGE) '/ (~Oi'ti~y (or r:J0clJro) under penalty of p~rjury that the foregoing Is true tmc! correct:' l~-~-D~ Pm~· Oa'te:t1, Place;::i.;~{j~'t.· -1IIIIijii~.:....J;;~iOiifoIii APPROVED: Mayor ......