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HomeMy WebLinkAboutORD 2619.., • • ORDINANCE NO. 2619 OR/ .... · . GINAL ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO "AMENDING THE BUDGET FOR THE FISCAL.YEAR 1971-1972 TO MAKE AN ADDITIONAL APPROPRIATION TO THE CAPITAL - I~PROVEMENT F'UND FOOTHILLS LAND ACQUISITION PROJECT 71-9a WHEREAS, pursuant to the :orovisi.Qns of Section 12 of Ar.tic le III ' of the Charter of the City of Palo Alto, the Council diq on June 21, .( '· : ,· 1971, adopt a budget for the fiscal year 1971-1972; and .·WHEREAS, the Council wishes to make an additional appropriation in exc~ss of the. sums· appropriated by said budget for the Capital Improvement ·Fund Foothills Land Acquisition Project No. 71 ... 98. NOW, THEREFORE, the Council of the·cfty of Palo Alto does ORDAIN as follows: SECT:t.ON 1. ·The 1971.;.197 2 Capital ·Improvement Fund appropriatior1 for Foothills Land Acquisition Project 11;.;.99 is increased from Threfi million three hundred and -"thb:ty-four thou~a1nd one hundre-d. dollars .· ($3,334,100) to Four million dollars':J$4;000,000). This Six hundred and sixty-five thousand nine hundred Ci6i'lar ($665,900) increase is to 'bl.J appropriated-from th~ Capital Improvement Fund unappi::opriated balance. Seve.nty thousand orie hundred and thirty-seven dollars ($10, 131) ·are~. . . ,-l. . . . -. . . ·. . . . . . . -hereby ·trans~erred frbrn the General, FU.nd Reserve for Equipment Re-. -. ·-.. -. _, . ; placement ·to ·the c~pi tal .. rmp~oveinent Fund to maintain . ~ -.;~lance in the C~pital Irnprov~ment :Fd~d ,of Fiye hurid:i;e,j.~ thousand dollars ($5offi000). ··SECTION 2. This orcii~ance._sha1_1 become effective irnrnedia~ely as --~--.. _ . { ~; -.. -·_ . ( provid'ed in Section .f2 -of Article ·-iII of the 'Charter~ and' Sebtlonf~'- . -·~ 2 ~ 04. 375 of th~. Pald'_,.A.tto ''Municipal .CM~.·. INTRODUCED ·A.~ PASSEb: · ·-'August Z3, -.~ 971·-. .-.'-\._, • • , - -• _ ... _ -•• • • .----.4 -'-· -' --'"• -• ·-·-'·.. • ~"'. ~. ~ • -· Berwah:1 ~ Clark, .Coriistock~1· Dias'; I:Ieriderson·.Norton; Rosenbaum •. · ---.-. ·.--.·;-.· -. -· ._•. -· . NOES: Beah"rs -_) ; ·-· ,:ABSENT: > ..• ~ -~·- ,/' ~ .-. . . (~~ ~~.~: cti¢8i~ -. :-· .. AP ROVED AS ~() FORM: .. .1 .l ... APPROVED: ; j ,, ··· .. ,· ... -~ ,.~_ -. -I