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HomeMy WebLinkAboutOrdinance No. 2840-2015Suggested by: Administration CITY OF KENAI NO. 2840 -2015 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, APPROPRIATING TRANSFERS FOR FY2016 BUDGETED CAPITAL PROJECTS IN THE MUNICIPAL ROADWAY IMPROVEMENTS CAPITAL PROJECT FUND, THE PARKS IMPROVEMENT CAPITAL PROJECT FUND, AND THE CEMETERY IMPROVEMENTS CAPITAL PROJECT FUND. WHEREAS, at its June 3, 2015 meeting, Council adopted the FY2016 Citywide Budget which included $273,000 in capital projects; and, WHEREAS, $150,000 was appropriated to the Municipal Roadway Improvement Capital Project Fund to be combined with $250,000 of State grant funds for the reconstruction of First Ave.; and, WHEREAS, $88,000 was appropriated to the Park Improvements Capital Project Fund, $40,000 for the purchase and installation of playground equipment and related improvements at Beaver Creek Park, $40,000 for the installation of a foundation and concrete pad and the purchase of materials for the construction of a picnic shelter in municipal park, and $8,000 for design of a fountain in Leif Hansen Memorial Park; and, WHEREAS, $35,000 was appropriated to the Cemetery Improvements Capital Project Fund for fencing and access improvements to the cemetery expansion; 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: Municipal Roadway Improvements Fund Increase Estimated Revenues: Transfer From General Fund $11 Increase Appropriations: Construction $150.000 New Text Underlined; [DELETED TEXT BRACKETED] Ordinance No. 2840 -2015 Page 2 of 2 Section 3: That estimated revenues and appropriations be increased as follows: Park Improvements Capital Project Fund Increase Estimated Revenues: Transfer From General Fund $88.000 Increase Appropriations: Beaver Creek Park - purchase of playground equipment, installation and related improvements $40,000 Leif Hansen Memorial Park - fountain design 8,000 Municipal Park — Picnic Shelter foundation Slab and purchase of materials $�- 40.000 000 Section 4: That estimated revenues and appropriations be increased as follows: Cemetery Improvements Capital Project Fund Increase Estimated Revenues: Transfer From General Fund $35.000 Increase Appropriations: Cemetery Improvements $3�5 �L PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 1st day of July, 2015. PAT PORTER, MAYOR Introduced: June 17, 2015 Adopted: July 1, 2015 Effective: July 1, 2015 New Text Underlined; [DELETED TEXT BRACKETED] "Village 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 C/ Z Date: June 10, 2015 Re: Ordinance 2840 -2015 The purpose of this memo is to provide supporting information for Ordinance 2840 -2015. Ordinance 2840 -2015 will appropriate funds transferred from the General for capital projects in the FY2016 Budget. Funds transferred by other funds require appropriation prior to expending in the Funds receiving the transfers. The FY2016 appropriated a transfer of $150,000 to the Municipal Roadway Improvements Capital Project Fund to be combined with $250,000 of State grant funds for the reconstruction of First Ave. A total of $88,000 was appropriated to transfer to the Park Improvements Capital Project Fund for the purchase and installation of playground equipment and related improvements at Beaver Creek Park, $40,000, $40,000 for the installation of a foundation and concrete pad and the purchase of materials for the construction of a picnic shelter in municipal park, and $8,000 for design of a fountain in Leif Hansen Memorial Park. $35,000 was appropriated to transfer to the Cemetery Improvement Capital Project Fund for fencing and access improvements to the cemetery's expansion. Passage of this Ordinance will allow each of these projects to proceed