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HomeMy WebLinkAboutORD 2638I .. -~ : •• ~RIGINA'- ORDINANCE NO. 2638 ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO AMENDING THE BUDGET FOR THE FISCAL YEAR 1971'-72 'I'O __ REDUCE THE !\PPROPRIATiON TO THE CAPITAL IMPROVEMENT FUND HILLVIEW ... MIRANDA INTERSECTION PROJECT 70...:59 AND INCREASE THE APPROPRIATION TO THE STREET IMPROVEMENT -. FUND HILLVIEW-MIRANDA INTERSECT!ON PROJECT 70~59 WHEREAS, pursuant to_. the provision~ of Section 12 of. Article III of the Charter of the City of Pale> Alto, the Council did on June ~l, . 1971, adopt a budget for the fisca·l year 1971-72; and W_HEREAS, ~he Council wishes to reduce the-appropriation· of said _budget ·for the Capital Impr6vement Fund Hillview-Miranda Intersection Project 70-59 anei make. aii addi t;tonal appropriation· in excess·. bf the sums appr6priated.-by said budget for the Street Improvement 'Fund Hillview-Miranda Intersection Project 70-59. ·'Now, THEREFORE, the Council of the City of Pa'lo Alto does ORDAIN as follows: S,EC,Tl.ON' l. The "1971-72 Capital Imprqvement, Fund appropriati.on for Billview-Mira~da.Interf;ection Project 70""'59 is reduce¢1 from Two hundred . <} ' ~eventy thousand dollars {$270,000) t~ ;zero., dollars '($0.0Q) and the '. -. . --~ unappropriate:a baiarce of the ·capi-ta:r Improvement FUnd correspondingly , increased. f}ECTION 2 •. The ;1971-72 street tm~i:'ovethent F'u:nd. itppr·opriation fok-., Hillview~Miranda lnters~cti~n Pr'ojedt 70~59 is: -fncreased in the amount ·'<=>£ Cne hundred nin;aty-nine''.thcn.isand ·a.oiia.-Z.s ($19·9 ,6do)_-:f:roll_l ~ightv--one thous~nd dollar~ , ($81 ;ooo) to 'I'Wo hu-ndr'ed eighty· thc;.u~:ahd dOlla:r;'s ($2°80; 000), '',1 ·--.j. and· th~· unappropriated :balance of 'the· ·Street· ,Improve~~nt Furia corres'pond,;;: .• >~f .,~_\ -~. ~ } -. . '.· } .... ~~¢'!'ION 3, .Phis did:l.rtan6e sh".0\ be~Orne eHe~tive illllfi'etliate1y as ·· ·· . 1 provided in. S~dti6n l~r'of Article-III df th~ Ch~rter and -·sectf6n 2e04.3./5 . ~. --'.'.._· •' .... --.::1 - .. ·\) ~ ·' . .... .. ~· ' ·of the Palo.Alto Municipal Code. INTRODUCED AND PASSED: November 22, 1971 ·AYES: •. Beahrs, Berwald, Clark; Comstock, Henderson, Norton, Rosenbaum NOE!S: Pearson ABSENT:. None ATTEST: ·'.i APPROVED AS TO FORM: {!4.t.t~ City Attorney · AP.PROVED: )· '' . ·: . •.f. .l { APPROVED: ~ve+~ ·Mayor· . •' '·, ~ ·' ·., i.· .. ...... -·. ·' , • • I ~ ' . ·' --· -~ .. ::... '; . _) ... ~ ' ,,