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HomeMy WebLinkAboutOrdinance No. 2876-2016Suggested by: Administration CITY OF KENAI ORDINANCE NO. 2876 -2016 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, REAPPROPRIATING STATE GRANT FUNDS IN THE PARK IMPROVEMENT CAPITAL PROJECT FUND AND APPROPRIATING STATE GRANT FUNDS IN THE MULTI - PURPOSE FACILITY IMPROVEMENTS CAPITAL PROJECT FUND. WHEREAS, the City received a grant 09 -DC -214 from the State of Alaska Department of Commerce, Community and Economic Development in the amount of $1,000,000; and, WHEREAS, these grant funds have been used for such projects as the library's expansion and other park improvement projects; and, WHEREAS, there is currently $1,709.52 in unencumbered grant funds remaining; and, WHEREAS, these grant funds are set to expire at June 30, 2016; and, WHEREAS, $509.52 remains in the Park Improvement Capital Project Fund after the completion of Daubenspeck Park Improvements and these funds; and, WHEREAS, the remaining $1,200.00 is unencumbered in the Multi - purpose Facility Improvements Capital Project Fund and if combined these funds will be used for a condition assessment on the existing facility; and, WHEREAS, this assessment will be combined with preliminary design work already completed and will assist in preparation of cost estimates for the project; and, WHEREAS, all grant funds will be expended by the June 30, 2016 deadline. 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 decreased as follows: Park Improvement Capital Project Fund Decrease Estimated Revenues: State Grants $509. Decrease Appropriations: Construction $509.52 Section 3: That estimated revenues and appropriations be increased as follows: New Text Underlined; [DELETED TEXT BRACKETED] Ordinance No. 2876 -2016 Page 2 of 2 Multi- purpose Facility Improvements Fund Increase Estimated Revenues: State Grants $509.52 Increase Appropriations: Construction $509.52 PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 3nd day of February, 2016. Approved by Finance: �'j'q'- '4gg A PAT PORTER, MAYOR Introduced: January 20, 2016 Adopted: February 3, 2016 Effective: February 3, 2016 New Text Underlined; [DELETED TEXT BRACKETED] "V'llaye 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 Date: January 13, 2016 Re: Recommending adoption of Ordinance 2876 -2016. The purpose of this memo is to recommend adoption of Ordinance 2876 -2016 that will reappropriate grant funds that were previously appropriated for Daubenspeck Park improvements. $509.52 of grant funds remain available and must be expended by June 30, 2016. There are currently no planned expenditures for these funds at the Daubenspeck Park. The administration recommends reappropriating the $509.52 to the Kenai Multi- purpose Facility Improvement Capital Project Fund for performance of a condition assessment of the current facility. This assessment will be needed for completion of construction cost estimates for the conceptually designed expansion and turf field addition. Your support for adoption of Ordinance 2876 -2016 is greatly appreciated.