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HomeMy WebLinkAboutORD 2737• • ORDINANCE NO. 2737 - ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO AMENDING THE BUDGET FOR THE FISCAL YEAR 1973-1974 TO APPROPRIATE $15,000 FOR "THE EL CAMINO REAL TRAFFIC SIGNAL IMPROVEMENTS" PROJECT ORIGINAL WHEREAS, pursuant to the provisions of Section 12 of Article Ill of the Charter of the City of Palo Alto, the Council of the City of Palo Alto did on .'fnne 18, 1973, adopt a budget for the fiscal year 1973-1974; which included an appropriation in the amount of $130,000 in the Street Improvement Fund for the 11 El Camino·Real Traffic Signal Improvements" project, said. project being identified as Project 72-62; and WHEREAS, the staff received bids for Project 72-62 on June 20, 1973: and WHEREAS, the overall cost for providing the improvements will be $15,000 more ~han is currently appropriated for the projectJ NOW, THEREFORE,the Council of the City of Palo Alto does OKDAIN as follows: SECTION 1. The amount of $15,000 is additionally appropriated in the Street Improvement Fund ~or completion of Project 72-62 and that the unappropriated balance be correspondingly reduced. SECTION 2. This ordinance shall become effective immediately as provided in Section 12 of Article III of the Charter and Sec­ tion 2.04.375 of the Palo Alto Municipal Code. INTRODUCED AND PASSED: August 20, 1973 AYES: Beahrs, Clay, Henderson, Norton, Pearson, Rosenbaum NOES: None ABSEN'l': Berwald, Comstock, Sher 0:~ ,.J~ city ci~ . APPROVED: Vt C.... it Mayor APPROVED AS TO FORM: ~i(~Xtt7Y1~ Ass~stant C2ty Attorney ··<-'. J. \