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HomeMy WebLinkAboutORD 2797• ClR~GINAL ORDINANCE No. 2797 ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO AMENDING THE RUDGgT FOR THE FISCAL YEAR 1973-74 TO APPROPRIATE AN ADDITIONAL $40,000 FOR THE "AUA.A STREET IMPROVEMENTS 11 PROJECT WHEREAS, pursuant to the provisions of Section 12 of Article III of the Ch~rter of the City of Palo Alto, the Council of the City of Palo Alto did on June 18, 1973~ adopt a budget for fiscal year 1973-74; and l~EREAS, $240,000 has been appropriated in the Street Improvement Fund for the "Alma Street.Improvements" project, identified as Project 72-54; and WHEREAS, due to construction cost increases the over- all cost of the project is expected to be $40,000 higher than is currently appropriated for the project; NOW, THEREFORE, the Council of the City of Palo Alto does ordain as follows: SECTION !,. The amount of $40,000 be additionally appropriated in the Street Improvements Fund for Project 72-54 and that the unappropriated balance of the Street Im- provement Fund be correspondingly decreased. SECTION 2. This ordinance shall become effective immediately as provided in Section 12 of Article III of the -· • Charter and Section 2.04.375 of the Palo Alto Municipal Code. INTRODUCED AND PASSED: June 17, 1971, AYES: Beahrs, Berwald, Clay, Comstock, Henderson, Norton, Pearson, Sher NOES: None ABSENT: Rosenbt.um APPROVED:~ .. --2-. f1 ~7./'T2 0 Clt~~F APPROVED: Gic~~~~ t1Xh4JC~ Mayor -2-