HomeMy WebLinkAboutORD 2935r.·,
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\, • ORIGINAL
ORDINANCE N()·. 2935
ORDINANCE 6F THE COUNCI,. OF TBB CITY OF PAl-O ALTO
AMENDIN<;/TRE BUDGET FOR .THE PISCAL YEA.~ 1976~1977
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TO' ESTABLISH SPECIAL ASSESSMm-!T PROJECT 75-63 FOR
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ACQUISITION. OF-~ AND PARXING FEASIBILITY STUDY
UNIVDSITY AVE!n:JE ··DISTRICT
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. . WHEREAS, pursuant. to .the provis!~::.ta of section 1~ of Article
·IIi of the charter of th~ c'li:y of Palo .Alto, the_ Council on _1:!une 29, ..
1976, did.adopt a budget for fiscal y~ar 1976-77; and
WHERE.l\S, -~~e Cquncil wishes to establish Special Asses.sment
Project 7 5-6J _fo.~ t-he Acquisition of Land and Parking Feasibility
~t::J.;;.:i u.li.i.vers:i. ty Aveh\.<e "Distr i.ct and t6 provide an ini tic:d appro-
priation for the project ~~ cover preliminary exp~nses p~ior to
. t.he formal formation of the distr;i.ct. All such pr.eliminary expenses
t.o be reirrJJ'ursed upon the sale of. bcndG ana/or the levy of. special '
.~ss~ssrnents; ·
NOWt THEREFORE·,_ the CounciL of t}Je:: City of Palo AH:o does
ORDAIN as follows:
SECTION }" The SU.'ll of Ten Thousa11d .D.:>llars ($10,000) hereby
·is appropr~atid. ·frhm_ th~ Capital Improv:ement Fund to esta:.:.lish
PJ:oject 75-63, Acquisi tior:. o:f Lanc.l. and P.al"'king Feasibility Study
'Jnive.rsit;y Av~mue District, and the account !'Assessments Recei•Jable"
, is c9rrespondi.ngly increased,
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· .· S~lON ~. 'the Council hereby fi.nds that the er:..a.;.tmant of tbi•
... ordi.rd\~c:.a J:s -~f a~~:~i=I'&jeCt 11 w;.thin the ~ing ~.that .term ... <: <·,
•.• .. d~~~d ln Sectt• 11.04" 130 of the P~lo ~:rto Mu!U.cipal Code ~t~:;1[~~.~
--theretore, no environmer.&.tal assessment is ..aecesur:y. ..· -~:; .: -.
. .. '··.,·. · .-" .~:.· .• :.:.1~;'· · .;. ;,;, ' "'· . . " . :'-~-~-~-~~li·, -·•.>·::.:o:.l'L'i.>:-;, __ ,. ·,.~;ot~-3~J::'.,.;,~h~ .. clr4inance sh~ll ~ ~~~i~ctive immediate~·'.··_
~''i*eY,l"de,a.Itt·:~~~ l:;t of Al;:t~ole IJ::::··~~!Charqar an;, Sect!@ · ·. :•2.~Q4.~7S ~of ~, P~-Al~ Municipal code~ · .('·'S·~:f,-. n,.
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<J..N$'l<.QPUCED AND .P~:;;: ~ 9, 1976
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APP~ . ·~~-May ~ " '
' i I ! APPROVBI):!.
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