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HomeMy WebLinkAboutORD 2780.............................................................. ~----------------------~ ' ...... • ORIGINAL ORDINANCE NO. 2780 ORDINANCE OF THE COUNCIL OF 'rHE CITY OF PALO ALTO Al1ENDING ·rHE BUDGET FOR FISCAL YEAR 1973-74 TO APPROPRIATE $25 1 725 FOR THE DO~fflTO~ffl BEAUTIFICATION AND LIGHTING PROJECT (Project 71-80) WHEREAS, pursuant to the provisions of Section 12 of Article III of the Charter of the City of Palo Alto, the Council did on June 18, 1973 1 adopt a budget for fiscal year 1973-74J and WdEREAS, the Council has included in its budget for 1973-74 provisions for the construction of the Downtown Beautification and Lighting Project (Project 71-80); and WHEREAS, the Council has provided that a portion of the costs of the Downtown Beautification and Lighting Project shall be paid by assessments on the various properties within the boundaries of the district established by the Council of the City of Palo Alto; and \'lHEREAS, the Council has provided for procedurAs whereby cer­ tain property owners may defer the assessments on their properties, and ~he sum of such deferrals has been determined to be $25 1 725 · which sum is necessary for the completion of the project. NOW, THEREFORE, the Council of the City of Palo Alto does ORDAIN as follows: SECTION 1~ The sum of $25,725 be appropriated in contract services for the Downtown Beautification and Lighting Project (Project 71-80) and the unappropriated balance of the Capital Improvement Fund 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 Codee INTRODUCED AND PASSED' April 8, 1974 AYES: Beahrs, Berwald, Clay, Henderson, Pearson, Rosenbaum, Sher NOES: None ABSENT: Comstock, Norton ATTEST: 0 Q:c~ J ' ::1~1-U-v C ty Cler · Mayor APPROVED AS TO FORM: ~tJ~-6v1LK>--ci y Attorney . APPROVED;~ ~ger