HomeMy WebLinkAboutOrdinance No. 2866-2015Suggested by: Administration
CITY OF KENAI
NO. 2866 -2015
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, APPROPRIATING
TRANSFERS FOR FY2016 BUDGETED CAPITAL PROJECTS IN THE TERMINAL
IMPROVEMENTS CAPITAL PROJECT FUND AND THE AIRPORT IMPROVEMENTS
CAPITAL PROJECT FUND.
WHEREAS, at its June 3, 2015 meeting, Council adopted the FY2016 Citywide Budget
which included $85,000 in Airport funded capital projects; and,
WHEREAS, $25,000 was appropriated to the Terminal Improvement Capital Project
Fund for preliminary design of a terminal parking lot expansion; and,
WHEREAS, $60,000 was appropriated to the Airport Improvements Capital Project Fund
for roof replacement at the Automated Flight Service Station Building; 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:
Terminal Improvements Capital Proiect Fund
Increase Estimated Revenues:
Transfer From Airport Fund $25.000
Increase Appropriations:
Design Services
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$25.000
Ordinance No. 2866 -2015
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Section 3: That estimated revenues and appropriations be increased as follows:
Airport Improvements Capital Project Fund
Increase Estimated Revenues:
Transfer From Airport Fund $60 00
Increase Appropriations:
Automated Flight Service Station
Roof Replacement $60.000
PASSED BY THE COUNCIL OF THE CITY KE ALASKA, this 16th day of
December, 2015.
PAT PORTER, MAYOR
Approved by Finance:
Introduced: December 2, 2015
Adopted: December 16 2015
Effective: December 16, 2015
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LW
"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
✓f From: Terry Eubank, Finance Director
/ Date: November 23, 2015
Re: Ordinance 2866 -2015
The purpose of this memo is to provide supporting information for Ordinance 2866 -2015.
Ordinance 2866 -2015 will appropriate funds transferred from the Airport Special Revenue Fund
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 Budget appropriated a transfer of $25,000 to the Terminal Improvements Capital
Project Fund for design of a parking lot expansion at the terminal.
$60,000 was appropriated to transfer to the Airport Improvements Capital Project Fund for
replacement of the roof at the Automated Flight Service Station Building.
Passage of this Ordinance will allow each of these projects to proceed.