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HomeMy WebLinkAboutRESO 3691• • OGROVMormewtilw WHJM: KIJ : ea 10/25/63 10 c e' RESOLUTION . N0.� A RESOLUTION PROVIDING FOR ADDITIONAL CONTRIBUTIONS ARASTRADERG ROAD ET AL PROJECT NO. 6n-6 RESOLVED, by, the Cou ncil of the City at►ilo Alto, California, that WHEREAS, the estim ated amou nt of City co nt ributio n at the time of the or der ing of the wo rk and` the confirm ation of the assessmen t in pr oceedings being conducted p ursuant to Resolution: No. 3496, A Resolution of Prelimar din 'Dets7 trio . and of Intert- tion to Constru ct Public Improveme nts, adopted April 23, 1962, pursu ant to the M nicipa1 improvement Act of 1913, was $275,000; WHEREAS, it was r epr esented to the property o wne rs at the fin al public hearing that if the actual cost of the proj ect ex ceeded the estimates, any differen ce would be.rnade up by adds-- • s • • • • • • • • • • • • doal City contributions rather than by an y incre ase in the • • assessments; 4 WHEREAS, it has been determined that the total contribution • n ecessary by the City in order to complete the project is $280,615.27. • NOW, THEREFORE, it is ordered that the City con tr ibute the additional amoun t of $5,615. 27 to the pr oject, an d the City Controller is hereby dir ected. to m ake the n ecessary fund transfers to accomplish this pur pose; pr ov ided, however , that in the even t the final total actual cost of the project is less than the amou nt: curren tly estimated, the differ ence between the amoun t hereby order ed transferr ed a nd the fin al amount ne ce ssary to cover all proje ct costs, shall be retran sfer red to the gener al fun d— * * * * • • • 1,4 I he reby certify that the fo regoing is a fu11, true and co rrect copy of a resolution d uly passed a nd adopted by the City Council of the City of Palo Alto, Californi a, at a meeti ng the reof held on the 12th day of N ov ember, , 196 '3 , by the following vote of the me mbe rs thereof: AYES, and in fa vor thereof, Co uncilmen: by a unanirrious v ote NOES, Cou ncilmen: none ABSENT, Cou ncilmen: Comstock, Rus, recticompt Porte r G'C9 City 144,t e city of Palo Alto • • • • • • • • • •