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HomeMy WebLinkAboutORD 2580• ~RICiiNAL ORDINANCE NO. 2580 ORDINANCE OF THE COUNCIL OF THE·CITY OF PALO ALTO AMENDING THE BUDGET FOR THE FISCAL YEAR 1970-1971 ~ TO MAKE AN ADDITIONAJ, APPROPRIATION TO THE CAPITAL IMPROVEMENT FUND WHEREAS, pursuant to the provisions of Section ·12 of Article III of the Charter of the City of Palo Alto, the Council did on June 22, 1970 adopt a budget for the fiscal year 1970'=-1971; and ,_. WHEREAS, the Council wishes to make an additional approprifrti0n in excess of the sums appropriated by said budget· in the Capital ,. .· Improvement Fund for Project 69-38, 11 Rtern Conununi ty Center Im:pl"ove- ment-Phase II.11 NOW, THEREFORE, the CounJil of the City of falo Alto does_ ORDAIN ·as follows: SECTION 1. That the 1970-197l'approp~iation in ~he C&pital Improvement·Fund for Project 69-38 be incrects~d from $35,000 to $49;000, in the: amount of $14,000·to provide for improvement: of·tr·:; st.ern Corrununi ty Center property and that the unappropriated balance of the Ca.pita! Improvement Fund be correspondingly decreased frcm $2,482,495 to ~2,468 1 495. ' . SECTION 2. This ordinance s}}all become effective. i~~diately ~ '• ' as p~ovided in Section 12 of Articie III of the Charter arid Section 2:04.375 of the :Pai-a.Alto Municipal Code • .. INTRODUCED: St:ptember S, 1970 PASSED~ September 8, 1970 '.,,.; AYES: Arnold, Beahrs, Clark, Comstock, Gallagher, .Norton, Pearson,_, Spaeth, Wheatl~· NOESi ~one ~_: