HomeMy WebLinkAboutOrdinance No. 2825-2015Suggested by: Administration
CITY OF KENAI
ORDINANCE NO. 2825 -2015
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA,
APPROPRIATING FUNDS IN THE CITY HALL IMPROVEMENTS CAPITAL PROJECT
FUND.
WHEREAS, Resolution 2015 -20 authorized a transfer from the General Fund to the
City Hall Improvements Capital Project Fund for roof replacement; and,
WHEREAS, appropriation is required in the individual capital project funds prior to
funds being extended; and,
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA:
Section 1: Form: That this is a non -code ordinance.
Section 2: That estimated revenues and appropriations be increased as follows:
Multi - purpose Facility Capital Proiect Fund
Increase Estimated Revenues:
Transfer From General Fund $7
Increase Appropriations:
Construction
$75.000
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 20th day of May,
2015.
PAT PORTER, MAYOR
A
San ra o igh, Ci Clerk
Approved by I
Introduced: May 6, 2015
Adopted: May 20, 2015
Effective: May 20, 2015
New Text Underlined; [DELETED TEXT BRACKETED]
"Villaye with a Past, C# with a Future"
FINANCE DEPARTMENT
210 Fidalgo Avenue, Kenai, Alaska 99611 -7794
Telephone: 907 - 283 -7535 / FAX: 907 - 283 -3014
To: Rick Koch, City Manager
From: Terry Eubank, Finance Director
I Date: April 28, 2015
Re: Ordinance 2825 -2015
The purpose of this memo is to provide supporting information for Ordinance 2825 -2015. This
Ordinance will appropriate funds transferred from the General to the City Hall hnprovements
Capital Project Fund by Resolution 2015 -20.
Resolution 2015 -20 authorized the transfer of $75,000 from the General Fund for City Hall roof
replacement. Funds will be used for design and construction of the project. This funding will be
combined with remaining funds from a State of Alaska Department of Commerce Community
and Economic Development Grant which was for City Hall HVAC and other energy efficiency
upgrades. Approximately $57,600 remains in this $200,000 grant with the remainder having
been used for boiler replacement.