HomeMy WebLinkAboutOrdinance No. 2851-2015Suggested by: Administration
CITY OF KENAI
NO. 2851 -2015
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, INCREASING
GENERAL FUND ESTIMATED REVENUES AND APPROPRIATIONS FOR UNBUDGETED
COSTS RELATED TO THE ACQUISITION OF PROPERTY RETAINED FOR A PUBLIC
PURPOSE.
WHEREAS, City Ordinance 2791 -2014 declared five parcels, Lots 12 though 16, Block
3, East Addition, Townsite of Kenai, also know as 600, 602, 604, 606 and 608
Peninsula Avenue, Kenai, Alaska retained for a public purpose; and,
WHEREAS, complete acquisition costs for these parcels is estimated to be $36,535
which includes payment of delinquent property taxes, relocation assistance to current
tenants, removal structures, and landscaping; and,
WHEREAS, funds in the amount of $36,535 were appropriated in FY2015 with $15,053
being expended; and,
WHEREAS, the remaining $21,482 lapsed with the end of FY2015 and must be
reappropriated to be available for completion of the project; and,
WHEREAS, completion of the project will reduce future City liability related to the aged
structures on the parcels and is in the best interest of the City.
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:
General Fund
Increase Estimated Revenues:
Appropriation of Fund Balance $21.482
Increase Appropriations:
Lands - Land
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$21.482
Ordinance No. 2851 -2015
Page 2 of 2
PASSED BY THE COUNCIL OF THE CI TY
September, 2015.
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Approved by
OFKE
eeNAI, ALASKA, this 2nd day of
PAT PO , MAYOR
Introduced: August 19, 2015
Adopted: September 2, 2015
Effective: September 2, 2015
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"Villaye with a Past, C# with a Future"
FINANCE DEPARTMENT
210 Fidalgo Avenue, Kenai, Alaska 99611 -7794
Telephone: 907 - 283 -7535 ext 221 / FAX: 907 - 283 -3014
v
�To: Rick Koch, City Manager
11 From: Terry Eubank, Finance Director
Date: August 13, 2015
Re: Ordinance 2851 -2015
The purpose of this memo is to recommend adoption of Ordinance 2851 -2015. Ordinance 2851-
2015 will provide funds for the acquisition costs associated with Lots 12 though 16, Block 3,
East Addition, Townsite of Kenai, also know as 600, 602, 604, 606 and 608 Peninsula Avenue,
Kenai, Alaska which was retained for a public purpose by Council Ordinance 2791 -2014.
These five parcels contain various structures of which three are currently residents for three
renters. Funds were appropriated in FY2015 in the amount of $36,535 with $15,053 being
expended on the payment of back property taxes, relocation assistance for current tenants,
utilities during acquisition, and junk vehicle removal. The remaining $21,482 lapsed at the end
of FY2015 and must be reappropriated for completion of the project.
It is the City's intent to remove the structures and landscape the lot in preparation for use as a
staging area during the bluff stabilization project. Your support for this Ordinance is
appreciated.