Minutes 04/24/2018 - Laserfiche WebLink

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April 24, 2018 Discussion:  The annual budget is a plan that may require adjustments as circumstances change. Sound financial policy is to cover increase in operational expenses with savings from other expenditure accounts or with increases from additional current year revenue.  The proposed ordinance will transfer $450,000 from the Non-Departmental line items of the FY 2018 General Fund Budget to the City Attorney Legal Contractual Services line item of the FY 2018 General Fund Budget. Financial Impact:  There is no impact to fund balance as the transfer is between budgeted categories of the General Fund. Recommended Action:  Adoption of the ordinance. Next Steps Following Council Action:  The Finance Department will complete the necessary budget adjustments. Motion by Mr. Moody, and seconded by Mr. Clark, to adopt the following ordinance, and was adopted by the following vote: “ORDINANCE AUTHORIZING THE TRANSFER OF $450,000 FROM UNEXPENDED NON-DEPARTMENTAL LINE ITEMS IN THE FY 2018 GENERAL FUND BUDGET TO THE CITY ATTORNEY LEGAL CONTRACTUAL SERVICES LINE ITEM IN THE FY 2018 GENERAL FUND BUDGET.” Ayes: Clark, Lucas-Burke, Moody, Psimas, Smith, Whitaker, Rowe Nays: None 18 - 161 - Adoption of an ordinance amending Ordinance 1978-133 titled “An Ordinance Closing the Following Street: A Portion of Newport Avenue” for the purpose of correcting a patent error in the legal description included in said ordinance. Background:  On December 12, 1978 City Council adopted a street closure ordinance (Ordinance 1978-133) purporting to close Newport Avenue between High Street and King Street.  The legal description of the closure area included in the ordinance encompassed the area directly east of Newport Avenue, and did not encompass any portion of Newport Avenue.  The legal description was a clear and obvious error.  After adoption of the closure ordinance in 1978, the area of Newport Avenue between High Street and King Street was physically closed and discontinued as a public street, and the area has since been incorporated into other parcels.  The error in the legal description in Ordinance 1978-133 was recently discovered by a title company, and the owner of the properties into which Newport Avenue has been incorporated has requested that City Council take action to correct the prior ordinance. Discussion:  Ordinance 1978-133 can be corrected by adopting a new ordinance amending the legal description, effective as of the date of adoption of the original ordinance.  Adoption of the amendment will correct a title issue created by the original error, and legal title will now match what the City and the property owners have assumed to be the case since 1978. Financial Impact  None. Recommended Action:  Adoption of the ordinance.