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1974-11-06 Council Packet
COUNCIL PACKETS Kenai City Council Meeting Packet November 6, 1974 AMBARIAN DOYLE HUDSON MORGAN STEINER THOMAS ELSON a X- i i i } f !i } a X- A G E N D A ' • - REGULAR MEETING, KENAI CITY COUNCIL NOVEMBER 6, 1974, 8:00 P.M. KENAI LIBRARY PAGE I PLEDGE OF ALLEGIANCE 1 I A: ROLL CALL 1 AGENDA APPROVAL 1 B: PUBLIC HEARINGS 8 - l: ANNUAL FINANCIAL REPORT FY ENDING JUNE 30, 1974 1-2 C: PERSONS PRESENT SCHEDULED TO BE HEARD: 1. • 2. 3. D: MINUTES 1. Minutes of Regular Meeting, October 23, 1974 DEBERREI E: CORRESPONDENCE 2. F: OLD BUSINESS 1. Bid opening - Janitorial Services 2-3� -2. Reconsideration -Go to'Bid-Baseball materials 3` ' 3. Bid Opening - Materials for ball park 3 4. City Engineer 3 S• Fort Raney building repair and furnishings 3-4 6. 7. 8. ' 9. 10. 6s NEW BUSINESS 1. Bilis to be paid - bills to be ratified 4 2. Proposal for Secretary for City Attorney 4 3. Delinquent Wates/Sewer Account of Elmer Gagnon 4 4. Request for payment - Aspeotis - Airport Fencing - $62,920.76 4 S. Resolution 74 -48 -Accepting transfer of assets -Community S �- Library Inc. 6. Uniform Replacement - Fire Dept. S :- 7. Request for payment -Doyle Con3truction-Davidson/Cone-$16,786.89 S 8• LLine It m T n er o1ii e Department Budget 9. ttasolution Tl - - AT 6 ` 27� 6 f 10. - 11. 12. 13. 14. H: REPORTS 4_• 1. Cit Manager's Report a. .ibrary 6 b. Wince, Cortheli 4 Assoc. 6 -------_ c. Wiidwood Contract 7 d. Highway Illunination 7 e. Records Management 7 -- - •�. 2. City Attorney's Report 7 3. Mayors Report 8 ' 4. City Clerk's Report NONE ' S. Finance Director's Report g i 6. Planning 4 Zoning's Report 7. Borough Assemblymen's Report NONE • -.. I: PERSONS PRESENT NOT SCHEDULED TO BE HEARD: 1. 2. 3. I - 1 F_ i MINUTES REGULAR MEETING KENAI CITY COUNCIL ! NOVEMBER 6, 1974 8:00 P.M. KENAI L'I BRARY The Council gave the Pledge of Allegiance. L ROLL CALL: Members present - Edward Ambarian, A. L. Hudson, Richard Morgan, H. J. Steiner, Oscar Thomas and Mayor James Elson. Members absent - James Doyle AGENDA APPROVAL a With consent of Council, the following were added to the Agenda: G - 9 - Resolution 74-50 - ATS -272 F - 2 - Reconsideration - Go to bid - Baseball field materials Renumber the remainder of the Old Business B: PUBLIC HEARINGS B - 1: Annual Financial Report FY Ending June 30, 1974 Mr. Lynn introduced John Parisena from the auditing firm of Arthur Young $ Co., who will answer any questions Council may have and make a few comments concerning the audit report. Mr. Parisena presented Council with the Management Letter. Councilman Thomas stated he would be interested in comments or questions arising from the Management Letter. Mr. Parisena reported the records of the City have improved ° tremendously. He stated the Management Letter is not intended to be cirtical, it is intended to be a helpful tool to help the City make improvements in accounting procedures.' Mr. Parisena went over the Management Letter step by step and �! made recommendations concerning the Budget, Special Assessments, Payment in lieu of taxes, Adjusting Journal Entries, Use of City owned equipment, Trust $ Agency funds and -Restricted Cash. There was a discussion on how toet mono back to a department,': have such as the street department, when they done workona capital project but was taken out of the general fund. Mr. Parisens stated the department should bill or a transaction made [t taking the money out of the capital projects and put back into general fund. d After further discussion, Mayor Elson opened it up to the public. MINUTES, KENAI CITY COUNCIL MEETING, NOVEMBER 6, 1974 Page two B - 1 - continued Art Evans felt the debt service fund should be budgeted for the same time as revenue. The sales tax always appears as revenues in the general fund and it actually doesn't belong to the gener fund. These are restricted funds and should be considered as such in the future budgets and should be better clarified on th monthly reports. Mayor Elson brought the report back to the Council table. Thomas moved and Steiner seconded Council acknowledge receipt of the Management Letter and the annual Financial Report for Fiscal Year ending June 30, 1974. The motion carried unanimous by roll call vote. PERSONS PRESENT SCHEDULED TO BE HEARD: None MINUTES The approval of the Minutes of the Regular Meeting of October 2 1974, will be deferred until the next Council Meeting. CORRESPONDENCE None OLD BUSINESS Bid Opening - Janitorial Services Mr. Lynn stated he has had a chance to speak with the Senior Citizens and they are interested in doing the janitorial servic at the Library and Fort Kenay. He recomemnds awarding the Janitorial bid to McKee Janitorial omitting the Library, Fort Kenay and the Public Safety Building. Councilman Steiner asked if this is a budgeted figure. Mr. Lyn stated it is a budgeted figure but is not enough. Toward the end of the year, more money will need to be -appropriated. We a about $2,000 short. Councilman Steiner asked if Administration would come back with a more precise figure so Council can trans the money in proper form. Councilman Hudson asked what is the reason for taking out 2,648 t?I sq. ft. Mr. Lynn stated the coffee shop was bid separately. The contract with Kenai Terminal Enterprises is being re -negotiated. The janitorial service is costing almost as much as the rent for _ the space. The lease will include the cost of janitorial service or they will pay for the janitorial services. After further discussion, Steiner moved and Morgan seconded to r award the janitorial bid to McKee Janitorial Services for 9,538 sq. ft. for the remainder of the budget year. e C: D: E: F: F - 1: Art Evans felt the debt service fund should be budgeted for the same time as revenue. The sales tax always appears as revenues in the general fund and it actually doesn't belong to the gener fund. These are restricted funds and should be considered as such in the future budgets and should be better clarified on th monthly reports. Mayor Elson brought the report back to the Council table. Thomas moved and Steiner seconded Council acknowledge receipt of the Management Letter and the annual Financial Report for Fiscal Year ending June 30, 1974. The motion carried unanimous by roll call vote. PERSONS PRESENT SCHEDULED TO BE HEARD: None MINUTES The approval of the Minutes of the Regular Meeting of October 2 1974, will be deferred until the next Council Meeting. CORRESPONDENCE None OLD BUSINESS Bid Opening - Janitorial Services Mr. Lynn stated he has had a chance to speak with the Senior Citizens and they are interested in doing the janitorial servic at the Library and Fort Kenay. He recomemnds awarding the Janitorial bid to McKee Janitorial omitting the Library, Fort Kenay and the Public Safety Building. Councilman Steiner asked if this is a budgeted figure. Mr. Lyn stated it is a budgeted figure but is not enough. Toward the end of the year, more money will need to be -appropriated. We a about $2,000 short. Councilman Steiner asked if Administration would come back with a more precise figure so Council can trans the money in proper form. Councilman Hudson asked what is the reason for taking out 2,648 t?I sq. ft. Mr. Lynn stated the coffee shop was bid separately. The contract with Kenai Terminal Enterprises is being re -negotiated. The janitorial service is costing almost as much as the rent for _ the space. The lease will include the cost of janitorial service or they will pay for the janitorial services. After further discussion, Steiner moved and Morgan seconded to r award the janitorial bid to McKee Janitorial Services for 9,538 sq. ft. for the remainder of the budget year. e MINUTES, KENAI CITY COUNCIL MEETING, NOVEMBER 6, 1974 F - 1 - Janitorial Bids - continued F - 2: F - 3: F - 4: F - 5: Page three Councilman Ambarian asked if an eight month contract would be acceptable to Mr. McKee. Mr. McKee stated the only problem would be getting a performance bond for less than 12 months. Councilman Thomas asked the cost of a performance bond. Mr. McKee stated $175.00. Thomas moved and Steiner seconded to amend the motion and approve the contract and waive the performance bond and deduct $175.00 from the total cost. The amendment carried unanimously by roll call vote. The main motion, as amended, carried unanimously by roll call vote. Reconsideration of motion to go to bid on the materials for the ballpark At the meeting of October 9th Hudson moved and Steiner seconded to give notice of reconsideration of the following motion: "Steiner moved and Morgan seconded to proceed to get bids for material needed to replace material used in the baseball park" The motion as reconsidered, carried unanimously by roll call vote. Bid Opening - Materials for ballpark Mr. Baldwin stated the City cannot legally pay this bill and recommends Council refuse all bids. Thomas moved and Hudson seconded to refuse all bids. The motion carried unanimously by roll call vote. Councilman Steiner asked if Administration is pursuing the grants. Mr. Lynn stated the use schedule was sent into the regional office. He will report back at the next meeting. City Engineer Mr. Lynn stated he hoped to be able to recommend the appointment of an engineer but will have to defer until the next meeting. Fort Kenay building repair and furnishings Mr. Lynn stated there is an estimate on the restoring of the old building at Fort Kenay. The estimate is without labor. The Senior Citizens would donate the labor except for the electrical. e 1 l � 1 I _j L Page three Councilman Ambarian asked if an eight month contract would be acceptable to Mr. McKee. Mr. McKee stated the only problem would be getting a performance bond for less than 12 months. Councilman Thomas asked the cost of a performance bond. Mr. McKee stated $175.00. Thomas moved and Steiner seconded to amend the motion and approve the contract and waive the performance bond and deduct $175.00 from the total cost. The amendment carried unanimously by roll call vote. The main motion, as amended, carried unanimously by roll call vote. Reconsideration of motion to go to bid on the materials for the ballpark At the meeting of October 9th Hudson moved and Steiner seconded to give notice of reconsideration of the following motion: "Steiner moved and Morgan seconded to proceed to get bids for material needed to replace material used in the baseball park" The motion as reconsidered, carried unanimously by roll call vote. Bid Opening - Materials for ballpark Mr. Baldwin stated the City cannot legally pay this bill and recommends Council refuse all bids. Thomas moved and Hudson seconded to refuse all bids. The motion carried unanimously by roll call vote. Councilman Steiner asked if Administration is pursuing the grants. Mr. Lynn stated the use schedule was sent into the regional office. He will report back at the next meeting. City Engineer Mr. Lynn stated he hoped to be able to recommend the appointment of an engineer but will have to defer until the next meeting. Fort Kenay building repair and furnishings Mr. Lynn stated there is an estimate on the restoring of the old building at Fort Kenay. The estimate is without labor. The Senior Citizens would donate the labor except for the electrical. e - �. ,.. - -- _ - - e — - - _...__, • per n ul u 1 ^. - MINUTES, KENAI CITY COUNCIL b1GIiTING. NOVEMBER 6, 1974 Page four F - 5 - Fort Kenay - continued Mayor Elson stated we should be very careful authorizing them to buy material. Councilman Steiner felt we should go to bid for the materials. a 4 L 4 Councilman Steiner asked if there is enough money. Mr. Chen stated there will be a problem before the year end. Councilman Hudson felt the City Manager should look further into this to see where the money will come from and come back with recommendations at the next meeting. _. G: NEW BUSINESS G - 1: I Bills to be paid - bills to be ratified Morgan moved and Steiner seconded to approve the bills to be paid and ratify payment of bills as listed on the memo of November 6, 1974. The motion carried by roll call vote with Thomas abstaining. G - 2: Proposal for Secretary for City Attorney Mr. Baldwin sated he needs a secretary. There is too much work load for the other girls. He has several big projects coming up - the Tidelands, new Zoning Ordinance and re -codification of the code. Councilman Hudson asked what the cost would be. Mr. Baldwin stated $817 or $884. There will be some desk shuffling and will need to rent a typewriter. Thomas moved and Hudson seconded to approve the proposal of the City Attorney for a secretary taking $7,500 from professional services and put it into salary and fringe benefits. The motion carried unanimously by roll call vote. = G - 3: Delinquent Water/Sewer account of Elmer Gagnon Mr. Lynn reported there is not enough money in the Elmer Gagnon estate to pay the water $ sewer bill in the amount of $294.66 and recommends it be written off. Hudson moved and Ambarian seconded to write off the $294.66 - water $ sewer bill of Elmer Gagnon. The motion carried unanimously by roll call vote. G - 4: Request for payment - Aspeotis - Airport Fencing - $62.920.76 Morgan moved and Ambarian seconded to pay Aspeotis $62,920.76 - j Airport Fencing. The motion carried unanimously by roll call vote. a 4 L 4 MINUTES, KENAI CITY COUNCIL MEETING, NOVEMBER 6, 1974 i Page five ,•. G - S: Resolution 74-49 - Accepting transfer of assets - Community Library, Inc. G - 6: Mr. Baldwin stated this is to clarify legal questions regarding assets. It is a mere formalization of what is already recognized. The Library Board passed a Resolution offering to transfer all right, title and interest to the assets now belonging to the Kenai Community Library. Inc. Thomas moved and Steiner seconded to adopt Resolution 74-49 - Accepting an offer to transfer the assets of Kenai Community Library, Inc. to the City of Kenai. The motion carried by roll call vote with Ambarian abstaining. Uniform Replacement - Fire Dept. Mr. Lynn stated he received a memo from Chief Shirnberg requesting an open purchase order be given to Young's Fire House for uniform replacement on an as needed basis. This would eliminate the need to go to bid. Chief Shirnberg believes the supplier is the only one in the state that carried in stock firemen's uniforms. Councilman Hudson asked how it is being handled now. Mr. Lynn stated the City purchases and owns the uniforms. Council- man Ambarian stated a new employee gets a dress uniform, heavy ; duty jacket, hat, shoes and two sets working clothes and is given a clothing allowance. After some discussion, Hudson moved and Ambarian seconded the Fire Dept. not change uniforms any sooner than the next fiscal year and the method of payment be worked out by the City Manager and Finance Director. L After further discussion, Steiner moved and Thomas seconded to table the motion until the next Council meeting so the Chief can be here. The motion carried by roil call vote with Ambarian and Hudson dissenting. ,_:.... G - 7: Request for payment - Doyle Construction -.Davidson/Cone - ,: _ $16.786.89 ' Mr. Lynn recommends payment. Steiner moved and Ambarian seconded to pay Doyle Construction Co. $16,786.89 - Davidson/Cone project. The motion carried -- unanimously by roll call vote. •I i f 1 ■���..++roe._.,�., -; - M..,....,..�. _. - -- - _ - - - •,.......�_.....- . .__--' -.- -�;,,.rb,ir;:.'r::.ien`:e as:.�. e—_- _ _ ... MINUTES, KENAI CITY COUNCIL MEETING, NOVEMBER 6, 1974 Page six G $: Line Item Transfer - Police Department Budget G-9: H: H - 1: (a) tbi Morgan moved and Hudson seconded to approve the following line item transfer within the Police Department Budget: $1,200 from Communications to Operating Supplies $ S00 from Communications to Repair h Maintenance The motion carried unanimously by roll call vote. Resolution 74 -SO - ATS 272 Mr. Baldwin stated this is concerning the tidelands property authorizing Administration to write a letter of intent of the City of Kenai to honor all existing rights-of-way and leases within that survey. Hudson moved and Thomas seconded to adopt Resolution 74-50 - Authorizing Administration to write a letter of intent of the City of Kenai to honor all existing rights-of-way and leases within that survey. The motion carried unanimously by roll call vote. REPORTS. City Manager's Report Library Mr. Lynn stated he spoke with Dick Engen, State Librarian and he would like to meet with Council if the bond issue passes, to go over the original Civic Center design minus the pool. Councilman Steiner asked how much money would be in the grant. Mr. Lynn stated $400,000 to $500,000. Councilman Hudson felt Council should meet in a work session to look closely at the total years of bond payment. Mr. Lynn felt this is a good idea and to meet while Mr. Chen is still here. Mr. Chen stated he would prepare a report in writing. There was no objection to having the work session Thursday, November 14th at 7:00 P.M. in the City Manager's office, open to the public. Wince, Corthell 4 Assoc. Mr. Lynn stated Wince, Corthell are disputing certain aspects of bills they presented. They are asking Council to arbitrate some ambiguities and will be at the next Council meeting. I 1J *--- - - - - - ,_ /" .y MINUTES, KENAI CrTY COUNCIL. MEETING, NOVEMBER 6, 1974 (c) Wildwood Contract Page seven Mr. Lynn stated he met with Mr. Miller of Wildwood and are about to reach some understanding. On a per capita basis, - the should be aging $110 76 X 500 people there of $55 000 +. They are presently paying $45,000, so there is $10,000 still due. We feel they should pay the same amounts as the citizens of Kenai. We talked with them about renting space from them for warm storage and feel we need approximately 5,000 sq. ft. After further discussion, Steiner moved and Thomas seconded the City Administration be instructed to work with Wildwood for the $45,000 plus warm storage and also further instructed the negotiations be started in ample time before the budget year to be incorporated in the next years budget. The motion carried unanimously by roll call vote. Councilman Hudson felt we should contract for warm storage on a sq. ft. basis and do not contract for any more space than we need. (d) Highway Illunination Mr. Lynn stated he tried to make arrangements with the Highway Dept, to go ahead and repair the lighting and then be re- imbursed. The Highway dept. said no. Councilman Ambarian stated he would like to see an article in the papers explaining that. (e) Records Management Mr. Lynn stated Administration is in the process of trying to establish a Records Management Program. A Records Management Analyst will be coming in. A flow chart will be established for each type of document and perhaps look into microfilming. H - Z: City Attorney's Report Mr. Baldwin stated that while he was in Juneau he talked with a re resentative from the Book Publishing Co. about re-codificatior. of the Code. He suggests Council allow him to incrementally , do the re -codifying. Mr. Baldwin further reported he has started working an the tideland ordinance and an ordinance dealing with regulations of y City's lands dealing with leasing procedures, tidelands and airport lands. L MINUTES, KENAI CITY COUNCIL MEETING, NOVEMBER b, 1974 Page eight 4 H 3: Mayor's Report Mayor Elson reported he appointed Councilman Ambarian as ex -officio member of the Planning & Zoning Commission and appointed Richard Morgan Chairman of the Mayor's Committee on Recreation. He asked Councilman Morgan to report on their meetings.f Councilman Morgan reported they are working on some activities 4a for teenagers to set up a recreation night on Fridays at the high school. A jukebox will be in the commons area. There will be ping pong, basketball and volley ball in the gym. It will be from 8:00 P.M. until midnight, The Committee is asking the service clubs to sponsor a Friday night. The Committee is very excited and have many areas to cover. Councilman Ambarian C stated the Hockey Association met. They are willing to do alot f of the work. Mr. Lynn stated the fence needs to be put up, 3 1 large sixtures needs to be replaced. H.E.A. will install the fixutres and the City will flood the rink. If a responsible persons will get and return the small snow blower, it will be available from the shop. Mayor Elson stated the Municipal League is supporting the removal of the 25 mile limit for Planning 4 Zoning. He also reported that in the Training Seminar for newly elected officials, they studied defining the line beteen the'role of Council and Managerment. H 4: City Clerk's Report No report. i H S: Finance Director's Report Mr. Chen covered some of the areas in the auditors Management Letter, The suggestion on the special assessment is a good suggestion. The staff would have to be increased by h to 1 clerk. The payment in lieu of assessment have already been taken care of. The adjusting of journal entries is in the training stage. The work order system has been implemented but needs more sophistication, H • 6: Planning 4 Zoning's Report The Council have a copy of the Minutes of the Planning 4 Zoning Meeting. H - 7: Borough Assemblymen's Report No report. CLOSING COMMENTS Councilman Steiner felt Reeves should be contacted to see if they are interested in moving to Kenai. There were no objection.: MEETING ADJOURNED 12:30 A.M. Resfully sqbm�it�ted, � Sharon Loosli, City Clerk E 0 j 1 ' ci�'h - • . . < /Or...,.d-f< • 7 Par r•s�iO�+ y� • ri +�OO.no _. - � . � • _ t v,�• a.r: � / �,� /err .ire• ,Fina 1` . • � u's pr: c r ���oo Cdr /se�wT� �. • . �r: c es .._. • � �trer4 L ¢l: •••mss ,�i�e%.e4 ^� - - - - - - - - - - - :f iVF s0*1.'KEE JANITORIAL SERVICE CG t MY OF 1"' I"' tasic' "tad—Air Terminal 2uilein- TOTAL S2.'rT. 9 Cost .%(.-r P-quara i7not Tutzl-7 - t 2 7 L_11,73 .1 U1111ar- T. ?-:cr.eas Ciamr �icKee Janitorial r-ervice Pox 627 AlasUa since the city die not furnish a s.1vare foota.-.p fiWire ou which all bieeers'%-All bbd, an, ex.ilanati6n of our figure will clariry-how we arrived- at the figure. xj Total soluare footagge used in bid for last tiva years 12slE6 ot (This fisure did not include roorts that - were not to be cleaned as follows: furnace roo,-.,p fan.' roomp tart ba -17 -e areas 1,'Ien Security room} Less aeational rooze to be'ealeted In this contract 2#6.,.F; (Xit.chen 203, Caffee cottnter siacp 309s #.Lett office s -.%ce 900p Mice behind Vion 21.52 T Storaze 264) TOTAL DID FL0025MCE 9538 YOU will note that the boiler rocas and fan room are deleted as in the ,ast alttuxi ;h on the form these ware not checked ore an thcra to to eacted, ir these require Baily standard service, an nejustwont for tile s)3ce will nave to lie Cade on the total annual rate. rt is uty reei in- tllaL those should ric't re-juirs.• eany vervice, as.e I 'stave &-.(,t L12CIu(:cd thein. Fbdustrial / Commercial / Residential Custodial Service _)OX 627, SOLDOTNAF ALASKA 99669 fELEPHONE 1AREA CODE 907) 262.4611 • `IL t.._ F I r -� L-- ^KEE JANITORIAL SERVICE CID CVSTODM :L �: ^.•/ICi:S Zasic Dict---ru!A1c Safety 3uildin- TCTAL sZ FT ii70 Cost ;-or square foot y 2.20 T otal annual rate si,poe,Ch L� ""em T/7.& SJillia. 'I:�.o� t:cater • twCac 'anitorial aorvice Box 627 j S01dotna, AUska 9966; Ccta':or is 1974 ' -' i •Industrial / Commercial / Residential Custodial Seruice BOX 627, SOLDOTNA, ALASKA 99669 TELEPHONE (AREA -CODE 907) 262.4611 if t h - i... L:.WV,L 2 -IN I r I F IP )�;KEE JANITORIAL SERVICE • Cxte,!,cr a9 I(,w J ♦/4 { CITY cr i,.:!:►T i CL' TCLIAL .....:ti 1CZS Casic Did --curt I onai--1 dal ,.eek Cost .,or square foot R Total annual rate SIVIed ` IT3111an T. ::cr.ce, Oune*r Neroe Janitorial Service Cox 627 Soleatnas Alaska 9665 TCT::L S? F1' 3600 .lS t6:o.0c i -j ifnaustrial / Commercial / Residential Custodial Service ". 130X 627, SOLDOTNA, ALASKA 99669 •' ;TELEPHONE iAREA CODE 9071 262.4611 d F - k - .I r n j.. K E E JANITORIAL SERVICE ' Cct•Oi:Cr 11, 157 CITY 4^ Y• .'Al CTL CUSTMI :L i .VTC :a Basic Zic'--Li1crary--2 days week Cost ; or square foot TOTAL A?.:: ..L ;.;TZ sitnedatAM14IN e William T. Y.c.;ca, Oirvr ' Lel'.ce Janitorial Scrvice ' Box 627 • • . . Soldotna, Alaska ,+9669 it , • . • • • . • • . -i ndustrial / Commercial / Residential Custodial Service OX 627. SOLDOTNA, ALASKA 99669 ELEPHONE 1AREA CODE 907) 262.4611 t T . i TOTAL S2 FT 1776 1 ..2 2166.72 a] « - "•� ii!LJ1ik_.a -V.I I I I. ! I I ..!. .._. _. +1 _ e —..... , t'�KEE. JANITORIAL SERVICE CCL6::Gr lay 1574 CITY or- 131D *SIT CL'STCI•LiL =1VICE3 { Basic lid--Coffee shod--6 days neer; TOTAL S? PT 67S CCZT : = : SZ FT TOTAL 1::::L'iL UZ y ^�c^ nQ { i 1021f am T. i:ri:ee; Os:'ri'r • . ;:ct:ec Janitorial Service F•OX 627 t. Soldotnas Alaska 59669 f k�dustrla<l- / Comt mat t. Residential _C•ustodial Service : • . .AOX. :627..= SOLOOT11 &A -- -:.ALASKA:-99669 TELEPHONE iAREA CODE 907) 262-4611 - t , F � 4 _ a i SEALED ETD OPENING SUPJFCT: LU!'BER & MATERIALS FO!! BASF.P,'+LT, PARK. DATF OF OPENINI: 10-21-74 ------2:00 P.M. PUC®: CITY MALL -i PEOPLE PRESE!:T AT BID O?'L'P1TA'!+: Ted Vrningp-Snpe!rior p•:3lfiftrc David Chcn-Finance nirector i J{o Elson- Mayor Sharon J,onsl i- City ClprV Vi Cutsin,rr-Ptrci^3efnc. 1lre!�t Lillian Nrkkiren- Accruntnnt• • Penny Cnrty-Accountant DID mA"'L".ATI0N VP.NOOR # 1VEA'Df1R 2 VEMDOR f 3 SUrmsTrn Kenai FuFply Superior E:alders United Building VBNDAR 0 $6,108.64 $5,503.45 $4,853.25 .. part only L 1-1.5 Approval: . Hid awarded to: . } AL p { i i s No.I ; XrVAI SUPPLY • BOY 499 • xrNAI, ALASKA r)2 SUPrmoR BUIT,DCRS • 'PDX .5�-5 • KIMAI, ALASKA N0.3 IMITED BUILDING SUPPLY • 5011 Ji".1"LL LAKr- P.OAD • ANCHORAGE. ALASKA 99501 111 CITY OF KENAI RESERVE, TO ACCEPT OR REJECT 8105 01 OR AIA ITEMS. 191 PRICES QUOTED MUST DESTINATION. 131 CITY EXEMPT FROM FEDI TAX, BIDS RECEIVED BY T CHASING AGENT AFT SET FOR OPENING % No.4 . BE CONSIDERED AND RETURNED UNOPENED. " NAT[Of�NVIfAirON TUNEINOOAitOFOPENtNG ttOYftiT10N0 10-9-94 I I ... INVITATION TO BID NO. + ADDENDUM NO. �E 2 . "b••ndle wood shingle shims .. x 24" SS bar sink ;beset strainer _ •- 1 1/2" ABC Pipe 4 - 11/2" ABC Swivel Strainer adapter - 1 1/2" ABC Coupling - 3/8" copper flare nut 1/2" copper f&are nut 1/2" flare tee �.. 1/2" flare cap 1/2" X 3/8" flare union :abricate pitcher protector according to sketches enclosed- All material furnished. A ' CITY OF KENAI . On ttAw►otto� �wwct o�ttcfot ' a 4, i 1- 1 } I n = •. 1 Bilireu ar f twat- 404.14,42 • 00%500 KENAI,ALASKA99611 } N°' RENAI SUPPLY WIX 499 11 --NAI , ALASKA .SVPFRIOR BUILOF.RS ' BOX 545 XMIAI, ALSSKA N0.3 UNITED BUILDI"G SUPPLY ' 5011 JEIIELL LAXE ROAD • MCHOMIGE, ALASKA 99501 No. 4 .oa�h4 OATi{NiT•YITATION TiMIAKOOATtOi 4DiNING 10-9-74 OCTOBER 18, 1974 i I I-+ PAGE ONE 111 CITY Of KENA1 RESERVES T+•E POW TO ACCEPT OR REJECT BIDS ON ANY PART 02 ALL ITEMS. 01 PRICES QUOTED MUST BE F.O.B. DESTINATION. 131 CITY EXIMff FROM FEDERAL EXCISE TAX. N' BIDS RECEIVED BY IHE PUR• 1 CHASING AGENT AFTER. TIME SET FOR OPENING WILL NOT BE CONSIDERED AND WILL BE RETURNED UNOPENED. • , N Al :r f IM T10!l ttdEA 200 P.li. • ���s+� tr INVITATION TO BID No, rVY-7 41 1 ADDENDUM NO. 45- 1/2 X 4 X 8 C•D X Plywood / 17- 3/4 X 4 X $ CDY. plwjood j► I ,o"nsion lumber no. 2 or better firs 44�� r{� 2 x 4 x 8 52- 3/8" X 1 1/2" log screws- 2 crews-2 x 4 x 10 -12- 3/8" X 2" hexhead cap screws,. t ` 0- 2 x 4 x 12 12- 3/8" nutse �} - 2 x 4 x 14 12- 3/8" flat washers' 4 •, B2- 2 x 6 x 16 2- Claw hammers, wood handle, 16 oz heady' +�4 1 2 2/20 black iron coupling p• P- 2,x 6 x 12 5- 1/2" galy. couplings 0= 2 x 6 x 14 5- 1/2" boiler drains 4 2 x 6 x 16 1- roll tie wire ; - 2 x 6 x 20 1- 1/2" comp tee, 'copper �� P- 2 x 8 x 10 64 1/2 Foot- 3/8" type L soft copper t.4 '2 x 8 x 12 2- 1/2" flat washers 2 x 10 x 10 1- 1/2"x 1/2" copper comp, union f 2 x 10 x 12 1- tube permanent sealer2 x 12 x 12 1- 1/2" x 6" gals. nipple 2 x 12 x 14 1- 1/4" X 2 1/2" gals. nipple4 x 4 x 0 1-• SOA 160 gale. box nails x 4 x 14 1- 500 00 gale. comm. nails 4 x 6 x 12 20- 1/2"x 2" cap screws 4 60- 1/2" nuts 1� CIFY Of KENAI _• r it'TrMiiNliGlt "ixwactaac'7-� Sled to • -9 7� LJ • VJjtt•ipA . IIvjsLL� lyr 00 DRI[ . f off.. V -1t mo zip [ •J� OAPTIrAALL 1.94va . w R MIUDwz[ rt[= Pumps• s. snaws to whoa Trate delnere6• 't 1 atC[IK / Hon oewe s e.:.nses le on.r „ �. _ 61s Ir fLllYlt[f �' 2• shows is whom. dga,p wnert delhtrtt - '+ Kon ru•gtrr t atc�eatet Oni i< • Qtt1YER TQ'sOCtr[aft[ ONtr _ r •'«'•-'•• s 1oIClt1 r[Livlry 17 o -a -es or~wts' • .« ifs ' `• PCO rore13uo NO 185081 '.l CcvERA6E PROYIOEO— ''y 3959NOT FOR IMILMATIONAL MAIL w r5i' What two) •a. aws owe• .or•• NAh INN 7YN011VNI1111n •Set lON "'wD "sh —0101ADed ISMA07 33h•1rs0SN1 ONoaot of eN ' air "_....«.....«.......... «........ It111 r0 1LunC0 - ads � vp wit "S"J"t 07 .�Jat'�:01 it '! otrallep wove Pura" • f331„a3[' Rluo oast•rppr 03 alaursw YS�M ws T [11133f f~J Oir ~~•Z iworllto k” our Wtp Ot smovs '[ NLII12+Y f33/ 1,16011100j .BOA. •OIAtl f err•; j`w •fid �Jz �3� !Y � $002 dl= c )iris '•od • vivo go �w3v d /iP9't44Ga • ' Mpt►•Ylsod P • (8301sad Srt d) 1 t►.ss t •www. • .. • ... • 8061M Be sure to foR.-W ft -111:90=2 on other rids MASS FURNISSI SE ;': C_tS) 1::C1C.:T'sJ ZY CHECKED GLOCK(8) : (Ad"nolduroesm ked lar theaetads!) oShow to whom date and addressMIN-or ONLY !mere ClUxerea ❑ to elrt.'43a9 I RECEIPT Received the nlrr.Saredcr; :tt descrlb:d belovl i rst•4J;MM)tau 8;4:ATIiriEGKI�:iEOFbOC:.c:;;fE(1:utt°tugytbs/ilkdta) CER11F1¢D I10. + •�• �� 1 reli i-:1.� / SI3SJATti%B GrAOOSE3SEE'BlwElii.lF/iii(� a:SURED Ito. DATF GFdlY1 44 / StiOtflrY,ERtDsttrif.�al iOnl zwcw*) • • S.ME& Be vara !o follow f u+mcf-•ons o:t other aide PLEASL FURNMI-I SEMME(S) INDICATED BY CHECKED BLOCK(% (Additional chowset reocired /or these oavkew) r-� Show to vrt+om, ds:o and address 00:W?r OPSLY IJ vrhoro delivered to adire:aeo RECEIPT Received Me numbered awl:r!s de;cribmt b4ov SIGIAIURE 0R UM•.E OF A44Z;EE (:•:a:t e:. ere be!>l�ed in) 1/��'' j � C:,iuWliG:.J:OF/.L'r�:sJ:::i:vA:iJ.:�tf/:.! • Lill :s;V-ZMU44) Uhtlyitrel'Jcr:cd.indixfa.'•e«hi'Coctt) G 197{ /s i ' . e Is V -' --_ �-�-- __,•�•,. _.� - �. .� mar _ _ _ .- «.. _ f� .�� �.�.--�-_ T Oy Iv 'j C,i lod _ F•.., t(tik ; S.,f I �u�R►„r� tisr ibca,Ar we r •t ep% P,, #ku+o 7-44 All lfr: �•+ t 1131 All qo .A. x s 7 IVA ,�a 4CAiW {A 443 Al /,#9.1t? . 40 31 -YO 4 - fF1 ,� y Aty •'8 Naso ISS j x 'Y • tb it8st 3 x 4 t/o 9t x 4 "A 20 it 4 x f;, i:,i /g7 3-1 y 14 R, p 410 a JLG � rtf3jx x ' ,tr t s t ,• fat J•dv 9 .1.4 ,o c "a •• a�.�� ' 140 191A. jl� .{ Awq acidx rsZ efa"Z 233 Iti /y4.• i //c•46 t f` ¢ • y - 3iL d IQ JO t � • x $ x li X.s•� If vcm tt � It 1: ” too a 49&0.5 ca9tl q.t, ' � � _ _ •. r w � 1,'t � 4 oE� iItXNEA4 GLAD .iiC�'tstaS ,ad' A3 ."t(. � AMr% At ' �i s a iFv4Ttt31f5t1fcE: .a Al: •t% _ ►-- `. .;•. CtAw NAl1Y 'L,tdV&00&44L, 0609, 161) w' ;74 J! ' • � ' - . • • S w '� �14au. tcKPwa1G .sq • • atm' :r.�t/ _ .. x �Oi1.QiL 1*4; )z Am `.v .... ; . ... f Q*yet I•+Tal L1:w�• �s.Tit, •�u');Afi- tAr Al _ . ' __ : . ' .:.. • . ' ..� � � tuiT .RltlSitfiPs .Oi .i1/ , /aj .t • k a %ilA1J11T�' llsf' riJ..yt�i Alt T J TLbt. P80461. 'efl A " S &*A. j2 All -34 c -r / bo iGd cdav din maa.; --4a IF ,: • ' � J s?i � b'O gA�.rJ. Ccin01. /Airs �i • 9� it.•' ...i, �a c?o j ",ra" Cap Sceeti.:s ./o aa- i•so j�0. AIaTS .07 .e7? 3 -As— / �Fwo«, rc�oep 3N,+l�4tt� �Ir»ts /.83' as /s!i 1 Id" t 04sS ape i Afrc. 62-V Y) ".3C •aS aG•y8 1• 69sKc� sneslrr�:gr2, a.�br as .. a' 1.►" Ass :os. .69 A$— I' Wv Abs SW,,,vrs. :R,gosp .69 o2sJr AgooL cap - IGD ti .Go /. : 6Q►tr}7>:1� PiTeeJgrt, ?oGiEtT2>R &V-00 . All . Y / ; r ItWAL Ao tr : Jr ti Air 1 t ' F - ` • I 1 .. I �:4 �•• •t `. • /I I�{"4•'j,�"T'•7�.� tea. I N :k_..._..—?�"•ci�+-'''= ., ., �.. .. J .. _- ., . y���y_.f.; -- _ = — -' - ..+i!S!L I!IL y! fall_ _ r i { � - N SX Our &U to ft / Dole.—/ C! 19 No. 314 � . � � Figured By �..,C✓t ,;>j-' E to To ? Job t Chocked By Ao..:s..��, s..rf i • r.,1 �j '� t'xt.t Phone' Owner �Addless Evi.rl. I Pact$ S+:f II`w:r# OES:AV:!O^I � FEEI IOTALfit I ✓ RA:f AttCUPa 12 x ti x !`- x le .y x� Op �r._._. x! A7 VON I —�� 6z tri 2 .001-#7 x 3 ' x,1A i l s ? x /..Z/ r rfr x r . 'J✓. ter_._._.. Ol x }' to ^' f? , 12 x ti x !`- x le .y x� Op �r._._. x! A7 VON I —�� 6z tri i l r rfr .I . 'J✓. ter_._._.. r ^' f? , At/ �.._ % µ x i Agree Te Furnish The Above Itet4ls Forth" Sum 0 $ '- F. 0 Accepted T4 i;- VS Estimate Is Accepted Within .QFrom This Date a e'`'4 TMt4 ES11-MAX CARMI'V"Y AS wt: A;,='3 TO or dHt OMY 1Nf ,{AVIC.IS N -U-13 ANJ MZA,3161 K4:0.1V. _jACALEPA".NTS CCNt::..::Nt l'»CN ACCIUMS OR '`R C"Sa OF O"Y KYOND OUR COIF WL By or Ito ' .ESTIMATE "k 3 1 II 3� 1 I r -- vrx 3/iso Dole��. 0•—��- : �✓ Figured Byzk-111, fr- •te To ����.�!Job.J Checked By vor usf Phoro •� --_ - wner•s wr Addre:s WW il• i ECES ::: i'. ;' I LESC, %;icr4 FEEI IOIAL FEE[ ✓ "it AIaOLNT E,.'c 419 4 x y i s x �A i% ✓. a0h x �.. 16 J R Ax xVIt � a. 4-0 _ x x, I x7e 4 Agree To Furnish The Above Items For the Sum Of��. O. B Ameptori 19_ Tided This Estimate is Accepted Within_, „rQ�From ThisDate - 19., - I! MANE INS HSTSIATg CAREMLY AS WE AGM TO O •W.. HE AITICIN NA»1 -0 AFQ OU:U0I+E:T.CN. &ter ... �0 iS CCN1iN13:.Yf UiON SIR:.•¢$. ACGC7141S OA R OF DELAY WOND CUR CONIwCL Illy orp ESTIMATE 431 OU copy i' r: 3, •1 • 41 x I X J �i•'O�/ `�I�i� �I 7<— x x x / �;• y x ' x - /-� D. J R Ax xVIt � a. 4-0 _ x x, I x7e 4 Agree To Furnish The Above Items For the Sum Of��. O. B Ameptori 19_ Tided This Estimate is Accepted Within_, „rQ�From ThisDate - 19., - I! MANE INS HSTSIATg CAREMLY AS WE AGM TO O •W.. HE AITICIN NA»1 -0 AFQ OU:U0I+E:T.CN. &ter ... �0 iS CCN1iN13:.Yf UiON SIR:.•¢$. ACGC7141S OA R OF DELAY WOND CUR CONIwCL Illy orp ESTIMATE 431 OU copy i' r: 3, •1 • 41 1 -J i u a ii i iirrurrl OLD BUILDING FORT KENAY NOV. 4, 1974 Run gas line to building 96 feet - 1 Inch pipe black iron, wrapped, trench 2' deep @ 4.00 ; 384.00 Heater- 50, 000 BTU gas unit heater 160.00 Installation materials 75.00 Labor installing heater 250.00 13' 1 1j" rigid conduit .87 11.31 1 - Ila LB 9.90 1 - 1l" long sweep 1.85 S - 110 bushings .25 1.25 120' no. 2 aluminum 3 wire direct burial cable .42 50.40 70 amp. main disconnect 12.00 12 circuit panel 50.00 1 - 8' ground rod 11.50 6' no. 6 bare copper ground wire .SO 3.00 grounding clamp .85 3 connectors copper to aluminum .75 2.25 24 - 4 x 11 boxes .95 22.80 20 plaster rings .20 4.00 2 switches 1.85 3.70 2 switch plates .25 .50 Line voltage thermostat 30.00 15 duplex outlets .85 12.75 1S. plates .25 3.75 1 220 plate •75 4 - fluorescent light fixtures 4 tube 48" 30.00 120.00 4' 3/4 flex conduit .50 2.00 1 blank plate flex connection .30 1 roll no. 12 lwire with ground 54.00 40' no. 10-3 wire with ground 24.00 14 - 3/8 x 4 x 8 particle8oad-floor - 5.30 74.20 1 - 4 x 8 cement asbestos board 19.75 20 - 2 x 4 x 8 1.38 27.60 2 - 2 x 6 x 8 2.18 4.36 944 lin ft. 2 x 2 furring .12 113.28 2 bundles wood shingle shims 2.95 5.90 8 bales 6" x 15" foil face insulation ceiling - 16.10 128.80 7 rolls 2P foil face insulation - walls 12.50 87.50 39 - 1/2 x 4 x 8 sheetrock 4.90 191.10 250' roll tape 1.70 2S9 bag cement 5.40 2 - 2/8 x 6/8 13/8 HcMahog. doors 37.90 4 - 110 jamb nuts .18 .72 1 220 volt outlet 3.35 - 1 - I .....,.-1!'_!!YiW...1?:IJl!6.73i�14Ki01R'Ys�i-.n__- Old Bldg. Fort Kenay - Nov. 4, 1974 (cont.d) - 2 - M JO 2 pr. 3-1/2" butts 1.45 2.90 2 locksets 12.95 25.90 - 2 door bumpers .35 .70 2 glass DS 361' x 36" use existing frames 15.64 31.68 4 glass DS 36" x 48" use existing frames 28.00 112.00 100 lin. ft. 1 x 4 com. baseboard .17 17:00 1 gal. PVA sealer. sheetreck 5.85 1 gal. latex enamel, sheetreck 12.70 1 gal. oil base primer 10.75 -` 1 gal. porch E deck enamel 12.10 10# galy. box 6 .90 9.00 10# box 16 .75 7.50 5# sheetreck nails .90 4.50 box 1 /4 "slawR staples 1.10 misc. 100.00 Total $2,357.10 - 2 - M JO 1p w w fp fr .. �o _ L Q '��RµosrA� .._ � c p o G�5 • S FCS `��,�• cV . SCA le It : / A41 I F; i• i i f, I: i ■ ._.E+±•_LaF_...�_s - .`_. •. �—. l.n... .L .._.. -- --_ - " _ ._.. .-r-- II 11* I II ! I � � KRN.AI CITY COUNCIL lkl-r'l,> `� G z Mayor James James A. Elson �� Box 2788 283-7970 1 Councilman Ed Ambarian Rte #3 . 776-8121 - 283-4478 Councilman Doyle Bax 582 283-7655 Councilman Hudson = Box 651 283-7657 Councilman Morgan Box 1101 r 283-7727 - 283-7606 Councilman Steiner Drawer 66 776-8166 - 283-4339 Councilman Thomas Box 614 283-7"3-- 283-4708 du_l-e'e:eu k.l111-,- , ii r� . L1 . i Items to be ratified j North Kenai Fire Dept. 549.00 none fire school training pay for North Kenai Firemen Check ./ 10423 F wudeuaeAnwr+r...waw.rM gat- -"• '- - - - -- -- ---� _r—•- =ter.- -- :�: - -- ' LI. _!I . i I III ii I I IA n �' i NoverYber 6 Council tteeting r The following are disbursements over $500.00 which need Council approval: VENDOR AMOUNT P. O. 1 DEaCRIPTION IBM 574.80 none for 4th gY:arter lease of Dictating eauipment Homer Electric Association 3,200.88 none October consumption Kenai Utility Service Corp 1,080.37 none Consumption thru 10-19-74 National Bank Of Alaska 10732.80 none October Federal Taxes Anchorage, Federal Credit Union 1,906.00 none October With holding Travelers Insurance Co. 2,751.32 none November premum Marathon Oil Company 2,561.95 none September gas (middle man - check) Glacier State Telephone 2,023.05 none current billing b toll i Items to be ratified j North Kenai Fire Dept. 549.00 none fire school training pay for North Kenai Firemen Check ./ 10423 .,� _ — LL�..a.,. — unu MEMORANDUM TO: City Manager FROM: David T. Chen, Finance Director ►(_ SUBJECT: Delinquent Water/Sewer Account of Elmer Gagnon, $294.66. DATE: October 23, 1974 Attached is the letter from the attorney who handles the estate _ of Elmer Gagnon, deceased, stating that the estate would not �_ _,_,_ — -_.. .L- wO l9ah ra InAak#'.A fn fho rife V. %,„a MG....MMG.� M�.�.VMI.\ .. v... vow• v��..�. , 1 Encl . i DTC/le 1� it j.. ... is Z f �j ' LAW OFFICES WILSON AND WILSON SUITS 101 AUBTRAL^*0tA BUILDING T. STANTON WILSON 360 K8TR69T JULIANA 0. WILSON ANCHORAGE. ALASKA 99501 TZLePmoNe 907-279-8479 j 27 Sentember 1974 - City_ of Kenai Sox 580 Kenai, Alaska 99611 Attention: David T. Chen, Finance Director *tei Estate of Elmer Gagnon, Deceased near Mr. Chen: This will advise you that the inventory has been filed in the above entitles? matter. After expenses of administration, funeral and federal taxes have been paid, it appears there will be nothing left to apply to claims filed against the estate. Yours very truly, '1I�,cA`1 A`7D 'JILS7�i Juliana D. Wilson JDW :w . I'M '"---�..+mem-�... ' • . � . - _. __----_.. 'rte.- E 1 I 1 . f CITY OF KE/NAI WATER/SEWER •" NAmE ELVER GAGNONES -12 apts./-5= y Coram. water �►3:tifl -21; sewer'%pd42 AooREss yvo S 632 Christianson Rd. tax r.,*? CITY a STATE Anchorage 99581 uNE LocstioN Roslyn Apts. off Willo ' OATS COUMECTEO MEIER NUMBER DEPOSIT MURK] DATE PMD i AMOUNT PAID i DATE REFUYDEO 1 � Is U990 ' AMOUNT 1CODS, 1911 r l , OATS l Clot OTHER l CREDITS l DALAM M PREVIOUS BALANCE 109.42 y JUL 7717 f 3 -On 3 4 2.21 4 4.21 f till s, {71 1UI.27•n 1 q+�? .00 6 3.00 3 ' _ 4 2.29 4 4.21 6 %llr, j 79.20 3 i r --ti 5.243 fi 1n 9+4? 7 , 251,96 7 OCT 31.73 25196 * 251.96 7 NOV 3073 251.96'0 - i 251.96 T DEC 3173 251.96 * { 251.96 T JAN 31174 251.96 251.96 r FEB 28.74 251.96 C. ! � 251.96 7 MAR 3174 251.96 ! , • 251.96 ? 1 - Y �l: '• e. of �f F 16.98- S e r I 23.78 5 APR 3074 29 4.66 + 294,66 -•-Er MAY 31174 34 :3i F 294.66 7 JUN 30.74 294.66 0 ' 7 JUL 31174 294.660 j94.EE �b AUG 31174 294.66 0 1 � r YNIYFtif WOW. .. IRIC YEEO AMOUNT CODE �i1•t DAlE OTHER ChIDIT3 RALAMCE =� ! 10918IC — MAI$ +�—� WAtER 3 Sts1R 13 { ' {. •l•tOlYO1E E. ILL 1t1CiNIC T. NItON000 i. 1t1CMtC •. PENRN{IAI i110NEM •. PINLLIF /. NIIIO/At!•t NaCN T 1.111•• E 111lOIM!•t FI./N • 0•{ " !. COMYIIttAt •, 1tECIiUC IgAi • •1LI{ I1/ A•.IAN• { COMYt/Ct1t .ItIN 1 !A{//CIRRI CHAR" t • COMMINN1t NOt1 f0 0/0II 1t of Y f a I f ;i v- -- " PERIODIC COST E'STI11:ATE SUM.'4A.RY DATE %iOU 4-. Ig -14- ESTIMATE NO. 3 PROJECT NA14E AIQPnZT SEGU(�1'1� F�EtJGtI� . K�a�AI 1 PROJECTN0. g-0�" p14Z- O CONTRACT NO. CONTRACTOR NArm &ez vCc7T1S CoNSTevG-noo v.) c, CONTRACTOR ADDRESS: 2"70I • Lu C P aep y ill PERIOD COVERED BY THIS ESTIMATE: FROM9FfT 1S 1Q'14TO 000 5, CONTRACT COKPLETION DATE DEI. 1 %q-7 4 - ADDITION OR REDUCTION OF DAYS (C.O. NO. 1 THRI ____) mo of- REVISED %REVISED COMPLETION DATE No N16- 0 ONTRACT 6-CONTRACT AIrOUNT $ 340, 451 �= ADDITION OR REDUCTION (C.O. NO. 1 THRU REVISED CONTRACT AMOUNT 3 co, 314 1g C SS TOTAL AMOUNT FOR WORK COMPLETED TO DATE 2091 0 %0 .ALLOWANCE FORN�Lo t -IT 3 + 1`1 ' -7- SUB TOTAL --� LESS t0 % RETAINAGE �� G' '77�'�' ��"-791 640 . SUB TOTAL U 44 a �0 �& 9 W;LA—J M- LESS PREVIOUS PAYMENTS ESTIMATE NO. 1 THRU 2 14.1 . Zp(o l3 AMOUNT DUE CONTRACTOR ABOVE IMFORMATION PREPARED BY WINCE-CORTELLL AND ASSOCIATES P.O. BOX 1041 KENAI* ALASKA 99611 ' ls'1-ltt—t P �RYSoN a 9 f � 5 iE J' TOTAL AMOUNT FOR WORK COMPLETED TO DATE 2091 0 %0 .ALLOWANCE FORN�Lo t -IT 3 + 1`1 ' -7- SUB TOTAL --� LESS t0 % RETAINAGE �� G' '77�'�' ��"-791 640 . SUB TOTAL U 44 a �0 �& 9 W;LA—J M- LESS PREVIOUS PAYMENTS ESTIMATE NO. 1 THRU 2 14.1 . Zp(o l3 AMOUNT DUE CONTRACTOR ABOVE IMFORMATION PREPARED BY WINCE-CORTELLL AND ASSOCIATES P.O. BOX 1041 KENAI* ALASKA 99611 ' ls'1-ltt—t P �RYSoN a 9 V -- 7 EmbanIment 698 3.Y. 4,50 3,141,00 698 3,141.00 1005 6 Topsoiling 1312 S.Y. 1.25 1040.00 1312 19640.00 1005 16. CERTIFICATION ON CONTRACTOR - I HEREBY CERTIFY that the work performed and the materials supplied to date, as shown on this periodic cost estimate, represent the actual value of accomplishment under the terms of this contract in con- :ormily with approved plops and specifications; that the quantities shownwere properly determined and are correct; and that there has been full compliance with all labor provisions included in the contract identified above, and in all subcontracts made under that contract. UAtt CONTRACTOR'S NAME As000tis Constr ctl.Qj t . TITLB URB %) er Rosi'7 As11eg,{s - qct{y7'regA. s.et.«�tf ., Ct.e,iaai 17. CONCURRENCE ANO CERTIFICATION OF SPONSOR'S ENGINEER - I have eramiId this periodic cost estimate, and concur in the certificate of the contractor and certify that the material used and the construction accomplished meet the requirements of the plans and specifications, as evidenced by certified test and inspection reports included in the proiect Words, DAt Al I $I R 9 P0N9Of ' E N l'!' R FAA Ponn 5100.8 17.701 SUPBOUSCIES IAA FORM 1620 Y 1 At . ' DEPAOTMENT Of TnAry!PORTATIO#I f.,fm Ipprowed ! FEDERAL AVIATION AtWFJISTRATION flu,l.rt pureau ♦,,, Ips-filimrI PERIODIC COST ESTIMATE 1 2 PACE t of PAGE,, I ! 1. SPO14ORIS AME AND ADDRESS !1 CITY OF Y'IAI S. Pf/OJEGT rt0. P.O. BOK 58", K ."JAI, ALASKA 99611 ADAP 8-02-01112-^,2 6, ESTIMATE NO, 2. OFFICIAL NARPE AND LOCATION OF AIRPORT 3 Kenai Manicipil Airport 7. PEPIOD spoors Nov. 5t 1974 e 8. CONTRACTOR'S NAJAE ANO ADCRESS S. GATS ESTVAAT£ PREo:•r•.EO Aspeotia Construction, Inc. Nov. he 1974 2701 Blueberry ft?d. AnchorQF.e. Alaska 99503 9" PEPCENT OF PHYSICAL 4. DEPTN IOOF YORK SCLI CO►APLETION 70% SO- SPONSOR'S CONTPACT NO. _ NA Clearing, grading, drainage, seeding, install 11. AMOUNT OF CONTRACT signs and construct chain-link fence. .1 300011.78 12. COMPLETION TIME find/este whether work or calendar days) December 1. 197h 13, DATES 14. NO. OF DAYS CONTRACTOR IS A. WORK TO START 0. WORK STARTED C. COMPL9T10►1 DUED. EST, OR ACT, COMP. AHEAD IN ARREARS J111v 9, 19vb �Tta�1.v 12. 1971ll Dee;, 1. 197hI nee. 1. 1971 ( 15, f3RF_AKDOWN OF PERIODIC COST ESTIMATE rlt additional space N required, u,o eonanuotlon &hear, PAA Potrn 11004) ITEM LATEST REVISED DETAILBO BSTIMATE WORK PERFORMED TO DATE • No. OBSCRIPTION OF ITEM QUANTITY UNIT PRIca (s) (c1 AMOUNT (0 pUAN7tTv AMOUNT CENT lm1 (d) (ml (111 (h) (1) 1 Clearing 1 fob L.S. 100000, 109000.00 100% 10,000.00 100% 2 Remove Fence 485 L.Y. 4.5c 2,182.50 465 29182.50 100% 3 Grading Fence Line 1 fob L.S. 7,000 7,000.00 905 6000.00 90% j 4 24 x 18 Post We 13 Each 87.8 19142.44 13 1042.44 1005 f -signs ; 5 224 x18 Fence Mtd. 43 Each 41,2 1,775.04 38 1,568.64 905 Signs 6 8 x 8 Fence Mtd. 13 Each 33,60 436.80 13 436.80 1005 ► Signs 7 EmbanIment 698 3.Y. 4,50 3,141,00 698 3,141.00 1005 6 Topsoiling 1312 S.Y. 1.25 1040.00 1312 19640.00 1005 16. CERTIFICATION ON CONTRACTOR - I HEREBY CERTIFY that the work performed and the materials supplied to date, as shown on this periodic cost estimate, represent the actual value of accomplishment under the terms of this contract in con- :ormily with approved plops and specifications; that the quantities shownwere properly determined and are correct; and that there has been full compliance with all labor provisions included in the contract identified above, and in all subcontracts made under that contract. UAtt CONTRACTOR'S NAME As000tis Constr ctl.Qj t . TITLB URB %) er Rosi'7 As11eg,{s - qct{y7'regA. s.et.«�tf ., Ct.e,iaai 17. CONCURRENCE ANO CERTIFICATION OF SPONSOR'S ENGINEER - I have eramiId this periodic cost estimate, and concur in the certificate of the contractor and certify that the material used and the construction accomplished meet the requirements of the plans and specifications, as evidenced by certified test and inspection reports included in the proiect Words, DAt Al I $I R 9 P0N9Of ' E N l'!' R FAA Ponn 5100.8 17.701 SUPBOUSCIES IAA FORM 1620 Y 1 i I I II 11 II IIII III II II i II n,i •• •• • •..:.. unui �.�, , _ ___ OCNAkTMKNT OF TNAIISV6/1TA116N FOIIA /1l:l.ro.lyd FEDERAL AVIATION ADVIIti15TRAT1011 /ludirro Nnrrnn IJn. 0,0400011 ;i PERIODIC COST ESTIMATE PAGE 1 OF /, vAGrs ` ' /Cnnl14(MNnn +hull 5. PROJECT NO, Print or type d.01.1rrryuratod. lu�uuHiona tnbich uplllnr on Ilse revelae Olde of FAA ADAP E3 111?. -0? --� ®- O ' Porn Sloo-O are applicable. Nemo and columna on MW form corn•apond to NO, 6. EOTTMATO , IMooe on TINO, i .f,; fern 5100.8. 3 = 1. NAME OF SPONSOR Z. OPF#CIAA. HAMS OF AORPdaT CITY ON rRMAT I KK --Kt:11Ai WRIICIPAL AIRFORT 15, BREAKDOWN CO PCII OIC COST UOTIMATE ITlM LATEST n¢VIOSO DETAILED ESTIMATE , WORK PERFORMLO TO GATO NO OE5CaIPT1ONorMIIA UNIT 6tUANTITY UNIT ppleg AMoun1 QHANTITi AMouar PeR 6Pt.IT (a) (b) (C) (d) 9 Fertilizer 350 lbs. .25 87.50 350 87.50 100% 10 Seeding 30 lbs. 6.00 180.00 30 180.00 100% 11 36 -inch C27 30 1.t. 41.25 1,237.56 30 10237.50 100% 12 18 -inch CIV 24 lot. 29.00 696.00` 24 696.00 100% 13 Culvert Trash bek 1 each 300.00 300.00 1 300.00 100% 14 Chain-link Fence 29600 lot. 8.65 256,040.0') 165,976.20 65% 15 Driveway Oats 10 each 1287.00 12,870.00 10 120870.00 100% 20 feet ' 16 Walkway Gate 1 each 632.00 632.00 1 632.00 100% 6 feet 17 Maikway Gate 1 each 620.00 620.00 1 620.00 10or, 4 feet TOTALS 2990980.78 2090010.58 Amended By Change Order No. 1 e* See Attached CaUulatior and Invoicea Materiale On flats -Not T tal .ed 8280 lot. Chain U1 Pence 1 84.'9 lot. 150% ,;r47 ?60,�6✓�.,, ` <+ 5 Fence Mounted Sigm (2403) 0 114.59 C; 50% �� % / `!&;be •" � ` �8071�•14 r t i i -r PAA Pond 5100.9 IT•Tol SU'696609I IAA FOAM ISUA oro $040 too I I RESOLUTION NO. A RESOLUTION ACCEPTING AN OFFER TO TRANgFillt 7'lli; ASEl;TS OF KENA1 CONNUNITY LIBRARY, INC. TO I'illl CITY ©ii U -NAI. WHEREAS, the Konai Community Library, Inc. a non- 9rofit corporation duly incorporated under the laws of. tho State of Alaska, has offerod, by a resolution dated Novombcr 5, 1974, to transfer unto the City of Kenai all right, title and Interest to the assets now belonging to said corporation; and WHEREAS, the acceptance of, such offer by the City of Konai would benefit the citizens of the City; NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI: That the offer by Kenai Community Library, Inc. to transfer the assets of that corporation to the City of Konai is hereby accepted. 8asood this day of _ - , 1974. ATTESTS blisroa wosli, City Clerk' A r+lJOUC 06"ARY fit GERMS &MC9 1040 I box 167 KENAI, AL.AGKA 99311 The Vonrd of Di.roctorn of tho Kenai Community Library, Inc:, do hereby offer to tranafer to tho City of Konai all rir;htat t9.t10 and IntOrOnt to the acrsetn now belonginC to the Kenai Community 14brary, Inc., Oucb anootn including far-proximfatoly 15,000 volumes, valued in oxconra of 1;1.50vo)o,00, Z'ho aogeta above-Aorscribad nhall vorst in the City of Kenai upon agcolstance of thio offer ty thrj Memai City Council: PaGood thio Ah flay of NovBtribo>" o ra yvenonCa mI,�•moi '! 1 wolmd Lo— goo ./ Franco Flwolta# Vice M rea dont hfflryAMVOA 144ri�lyvnlanln. Treuriurex A icc ravo.o C I: n o :3oamo at y H ra Ward 7olhbff an i;mi ly crFor�sat tb� Jo ;rot ff4 n onorffr f�tomb©r G' y ' • a 3; un t3r�Y . non,oarotury �" , `, ....._. _.. � ..�•,,.-.., ��,�._ �,.� - - .,.dam � �---~�+r--,T-. —J. October 310, 1979 20s David Chest, Finance Director FRMS Robert Shlrnloory, Fire Ctdef SDP1►M=s uniform Roplacownt Sirs I am fomrding to you a lettor received fres Young's Fire douse in Anchorage. This latter is a proporsal to furnish fire on's uniforms for the Komi Fire Department. Included in the proposal are the it©ms that are carried in stock and the price per item. YouM I a Fire fiause is the only supplier in the state of Alaaka,,to my knowledge, that carries in stock firemen's uniforms. I request that an open purchaw ozdler cc wbatever that would be re*aired, be issued to Young's Fire H=se to enable us to purchase directly from them on an "as neode@" basis uniforms for meftrs of the Fire Department. I do not intend to mako a complete chang©owor htmediotelyt rather, replace from time to time the firemen's uniforms as trey wear out. R.R. Shirrtbarg, a 'Chief J�i~W ` to � z • r AV y October 310, 1979 20s David Chest, Finance Director FRMS Robert Shlrnloory, Fire Ctdef SDP1►M=s uniform Roplacownt Sirs I am fomrding to you a lettor received fres Young's Fire douse in Anchorage. This latter is a proporsal to furnish fire on's uniforms for the Komi Fire Department. Included in the proposal are the it©ms that are carried in stock and the price per item. YouM I a Fire fiause is the only supplier in the state of Alaaka,,to my knowledge, that carries in stock firemen's uniforms. I request that an open purchaw ozdler cc wbatever that would be re*aired, be issued to Young's Fire H=se to enable us to purchase directly from them on an "as neode@" basis uniforms for meftrs of the Fire Department. I do not intend to mako a complete chang©owor htmediotelyt rather, replace from time to time the firemen's uniforms as trey wear out. R.R. Shirrtbarg, a 'Chief J�i~W j i YOUNG'S FIRS HOUSE Young & Younteuns 11011 Dimond Blvd. ANCHORAGE, ALASKA 99502 Oct. 28, 1974 City of Kenai Finance Dept. Kenai, Ak. Dear Sir, This is an offer to furnish Fireman's Uniforms which we stock here In Anchorage. This,your department will find a great convenience, along with the fact we carry top -of -the-line merchandise with comparative stateside prices. SHIRTS by Wide Awake, dark navy blue, short sleeve, perma press 13.95 sizes 14 to 18 white, officers, same description 14.95 sizes 14-18 TROUSERS dark navy blue to match shirt, perms press $15.95, sizes 29-44 JACKETS Eisenhower style, dark navy blue to match trousers and V111Xft, perma press, wj zip -in -lining for warmth $27.95, sizes 38-44 HATS Fireman Oakland style, dark navy blue to match above $13.50 sizes 6 to 7 3/4 MITTENS NOM, these are waterproof, chemically and fire re- sistant, highly protective $9.95, sizes s,m,l,xl SUSPENDERS red, heavy duty , regualr sizes $5.900 x -!g. $6.45 In addition to the clothing listed above we also are stocking ties, belts, nomex & leather gloves, steel insoles, double wool mittens, all this due in within30 days or sooner and prices not yet established. We do carry an excellent stock of Boots and can give you a quote upon request. All merchandise shipped f.o.b. Achorage,prices subject to change if our suppliers increase prices to us. All price increases are reflective only at the same coat figure. A 504 increase to us, a 504 increase only to you. We are ex0aeding our building which will give a great deal more room for inventory and once completed we are stocking Policeman's Uniforms also and will contact you with prices once we have them In stock. However, please remember that we can still order these direct from the manufacturer for your dept. Thank you for your interest, We hope to hear from you soon. Our motto is spend your money in Alaska with Alaskan business- men. Our prices aro very fair, our service excellent. Te1ephons:907 3448312 Yours truly, Y0 G'S FRE OUSE ix ., .. .. - .- -...- - •^=sem-- ` ^7 Q ' - .!!.. ...Ll.-. i .._•=... .. I I II. I_ iAll■IA ill li ., .. ...- _.- _ ._ - _. -._ -•- -- VFRT{'JI';, C4,11ST �;�g�7;: ri',, SU'•'MIARY DATE October 229, 1974 ESTIMATE NO. 1 i PROJECT NUMBE Sever Service Line and Connections to Deep Severs PROD :CT ?:0. CONTRACT iIO. f CO"'rt?f C^OR NA.11 r', Doyle's Excavating and Construction Company COrmo CTOR ADD SSE: Rte. 1, Box 1225, Kenai, Alaska 99611 PBZ IOD COVER ,:1 BY THIS ESTIMATE: FROij Oct. $, 1974 TO Oct. 31, 1974 COi. R.iCT CCeZT TIG : DATP November 6, 1974 ADDITION OR REDUCTION OF DAYS (C.O. ;i0. 1 THAU �) .None REVISED COVPLETIO'N DATE None CONTRACT AMOUNT S 19.975.00 ADDITIO1 1 OR REDUCTION(C.O. NO. 1 THRU) None REVISED CONTRACT AMMUNT Same TOTAT# AMOUNT FOR ;CORK COMPLETED TO DATE 189652.10 AMMIANCE FOR MATERIALS ON SITE + 0 ► SUB TOTAL' 18,652.10 LESS 10 % RETAINAGE . SUB TOTAL 16,786:89 LESS PRMOUS PAY? :ITS ESTIMATE NO. 1 THRU 0 - AMOUNT DUE CONTRACTOR ABOVE It+t^r ORMAT10N PREPARED BY iI. _ WINCE•CORTHE'LL AND ASSOCIATES P.O' BOX 1041 Wil, ALASKA 99611 i 3 4' t F • 1 I r .— c ` OWNER: PERIODIC COST ESTIMATE PROJECT NO. City of Kenai ESTIMATE N0, 1 PERIOD ENDING l NAME OFJSewerService Lines and Connection to Deep Severs October 31, 1974 I = DATE EST. PkEPAREO r CON'TRACTOR'S NALIE AND ADDRESS Doyle Is Excavating and Constructi )n October 29, 1974 Company - Rt. 1, Box 1225 , Kenai Alaska 99611 PERCENT COMPLETED o 93.4 /o r OESCRIPTIOU OF YORK: CITY S CONTRACT 140. install Sewer Service Lines and Connection to Deep Severs AMOUNT OF CONTRACT $19,975.00 COMPLETION 711AE i 30 Calendar Days DATES CONTRACTOR IS Work to start Work started (Completion due Est. attic= Completion Ahead Behind Oct. 8. 1974 Oct. 8. 1474 I Nov. 6. 1474 I October 31, 1974 X BREAKDOWN OF PERIODIC COST ESTIMATE (It additional space is required, use continuation sheet) LATEST REVISED DETAILED ESTIMATE WORK PERFOPMEO TO D4TE ITEM DESCRIPTION OF ITEM Quantity Unit Unit Price Amount Quantity '-Amount Per cent 1 Dewatering, For 3 Each $1,500.00 $ 4,500.00 3 $ 4,500.00 lOC- Service Riser Sewer Service Riser 3 Esch 475.00 1,425.00 3 1,425.00 10C• 3 Sever Service Line,4' 650 L.F. 17.00 11,050.00 616.3 10,477.10 98.4 4 Sewer Service Cieancuit 6 Each 250.00 1,500.006 1,500.00 loci 1 5 Pit Run Gravel 125 CU -Yd 6.00 750.00 125 750.00 lOC- 6 Repair Existing 12-itych. 1 Job 750.00 750.00 0 0 • 0 A.C. Bever Pipe .. Tots` smot,it for work completed to date 4109652.10 Less 10% r tainage 1.86�.21 r. Amon It due Contractor *1697(16.69 . CERTIFICATION OF CONTRACTOR— I HEREBY CERTIFY that the work performed and the materials supplied ro dote, is Mown on this periodic cost .estimate, represent the aetuvl value of accomplishment ander the terms of this contract in Conformity with approved plans and specifications; that the quantities shown were properly determined and are correcti • - - and that there has been full, compliance with all labor provisions Included in the contract identified above, and In all subcontracts made under that contract. DATE CONTRACTORS NAME LOy'1e rxcavatiing ana Oct. 309 1974 Construc_U=,Comi -v TIT LE President SIGNAT yl, _ % / By /i .� r 1,/iMOte, CONCURRENCE AND CERTIFICATION OF CITY'S ENGINEER— t have exam ed this periadi Cost a and concur in the certificate of the contractor and certify that the materials used and the can Ion accomplished meet the 1. aon(rements of the plans end specifications, as evidenced by certified test onit InsKction reports included in the � t records. DATE SIGNATURE, CITY'S. ENGINE n (" "� v APPROVED FOR PAYMENT OF % C PH EN 1 •(� r— E PERIODIC COST ESTIMATE PROJECT NO, OV""' City of Kenai ESTIMATE NO. 1 PERIOD EflD114 NAGE OF FROJEC T 97October 31, 1 4 Sewer Service Lines and Connection to Deep Severs _ r) DATE EST, PREPARED CONTRACTORS UU E A14D ADDRESS Toylers Excavating and Constructi m October 29, 1;74 Company - Rt. 1, Box 1225 , Kenai Alaska 99611 PERCENT COMPLETED 9 ° DESCRIPTION Of WORK: CITY'S CONTRACT !o ACT N0. Install Sewer Service Lines and Connection to Deep Seders AMOUNT OF CONTRACT $19475.00 . COMPLETION TI..PAE 30 Calendar Days DATES CONTRACTOR iS ylork to start [tWork started (ICompletion doe est.==. Completion Ahead Behind 174 I opt. 8, 10,74 1 rov._E,.,iq74 .October 31, 1gT4 X 13REAKDOWN OF PERIODIC COST ESTIMATE (if odditionol space is required, use continuation $beef 1 ITEM LATEST REVISED DETAILED ESTIMATE WORK PERFORMED TO DATE DESCRIPTION OF REM Quantity Unit Unit Price Amount Quantity Amount Per cent 1 Dewatering, For 3 Each $1,500.00 $ 4,500.00 3 $ 41,500.00 loC Service Riser. Sewer Service Riser 3 Each 475.00 1,425.00 3 10425.00 100 3 Sewer Service Line,4' 650 L. F. 1T.00 11,O5o.00 616.3 10,477.10 98.4 4 Sever Service Cleanout 6 Foch 250.00 19500.00 6 10500.00 100 ` 5 pit Run Gravel 125 W.Yd 6.00 750.00 125 TSo.00 loo 6 ' Repair Existing 124wb. 1 Job 750.00 750.00 0 0 . 0 A.C. Sewer Pipe Tota- am= t for work completed to date *160b52.10 • Less 10% rt tainage 1,80.21 Amaimt due Contractor *16#7b6 - 1b9 . CERTIFICATION OF CONTRACTOR -1 HEREBY CERTIFY snot the work performed an:1 the materials suoplied to date, ss shown on this periodic Cost ,estimate, reoresent the oetaal value of accomplishment under the terms of this contract in conformity with approved plans and specifications; that the quantities shown were property, determined and are correct+ and, that there has been full compliance with all labor provisions Included In the contract identified above, and in all subcontracts mode under that contract. _ DATE CONTRACTORS NAL "Oy1e• "cavaTIng lana -": Oct. 30, 19T4 Constructkmco= Sy IT'1'i LE SI GNAT / President CONCURRENCE AKD CERTIFICATION OF CITY'S ENGINEER— 1 have exam ed this oeriadi cost a imate, and concur in the certificate of the contractor one certify that flit materials used and the eonssru son accomplished meet the re ments of the plans opd specifications, as evidenced by certified fest and inspection reports included in the pr61'�.af records. DATE SIGNATURE, CITY'S ENGINEER.L w. rig �EN� T v APPROVED FOR PAYMENT OFA% CITY �t�EI_ 014 •. •' ': �• v •• J. a I ` — -P [R 10 UT C—CD.`;iT�L!J Oviram: City of Kenrii C".' tAIIE fjo, l NCil161U 00143 IJAGIE OF F#;O .CT= October 31, 1 (4 Sewer Service Lines and Connection to Deep Severs _ f 0141!DATE EST, PREPARED ..JNTRAC70R'S ilAf;.0 AND ADDfiCSS Toyle on Zxcavating and Construct! 3n October 29, :.274 Company - i'.t. 1, Box 1225 , Kenai Alackts 99611 PERCENT COMPLEsiD 93.4 iA o DESCRIPTIO14 of WOO -11's C17Y'8 COgTiiuCT fiA. Install Sever Service Lines and Connection to Deep Severs A/AOUfIT OF CONTRAC-s $19,975.00 COMPLETION TIME 30 Calehdar Days DATES COiITRA,TOR IV Work to staff `Work started duti Est, -WW o, Completion Ahess banrnd 0=".1974 I 0 8. 1974 lComplelion �fsv. �4 IOctdbQr 31��4 X I BREAKDOWN OF PERIODIC COST ESTIMATE I if additional afdee to re0julr9d, use Continuation ahoet ) ITEM LATEST REVISED DETAILED ESTIMATE WORK PERFORMED TO DATE DESCRIPTION OF ITEM per Quantity Unit Unit Price Amount Quantity Amount cant I Dewatering, For 3 . Each $1,500.00 $ 40500.00 3 $ 4,500.00 loc • Service Riser , 2 Sewer Service Riser 3 Each 475.00 1,425.00 3 1,425.00 100 Sever Service Liae,4' 650 L. P. 17.00 14050.00 616.3 10,417.10 58.4 b Sewer Service Cleanowt 6 Foch 250.00 19500.00 6 1,800.00 100 r `. 5 Pit Aur Gravel 125 CUM 6.00 750.00 125 750.00 100 f 6 !!;pair Existing 12iis>:ah• 1 Job 750.00 750.00 0 0. 0 A.C. Sever Pipe 6 Totes . emourt for work completed to date 1�ltl,by2.io . Less 10% r-tainage 1.86..21 Amouat due Contractor .. #164WA9 ta9 . CERTIFICATION OF CDfITRACTOR-1 HEREBY CERTIFY toot the work performed and the 620ferials supplied to date, os shown on this periodic cost AstimOto, rooresont the aetult value of accomplishment under the terms of this contract In conformity with approved plans and apecifiCationsi that the quantities shown were property determined and are eorrecti and that there has been full Compliance with all labor provisions included in the contract Identified above, and In all subaonfrocts matin under that contract. " DATE CONTRACTORS NAtr•EAQYLO D"av'"''eiag ana -- s Oct. 30, 1574 ConstructionCol. my /1 t `` fly 1,1111LiTLe President s G aaT T CONCURRENCE AND CENTIFICATIO14 OF CITY'$ ENG11`1EER- I have esamir AJ thta oeriadid cost dolima to, and Concur in the Certificate of the Contractor and certify that the materials used and the construction aeeomsrliehed "meet the aquiroments of the plans and specifications, as evidenced by certified toot and inspection reports included in the p `f records. omt SIGNATURE, CITY'S, ENGINE R APPROVED FOR PAYMENT OF i n % CITY' EP ESENTA i is / ✓ W J P - . " -, - - . - - _ y�WINCE • CORTHELL & ASSOCIATES CONSULIONG ENGINEERS Vo. so. 1041 217'4672 96MAI, MAIKA 99011 October 29, 1974 Doyle•s Excavating and Construction Company Rte, 1, Box 1225 Kenai, Alaska 99611 Subject: Kenai Serer Service Lines and Connections to Deep Govern Item No. 6, Repair BAsisting 12 -inch A,C, Sewer Pipe Attention: Mr, Patrick J. Doyle Dear Yx. Doyle: On Oct. 28, 1974, you began work at Riser no. 2 (Station 299 + 38) at which location you were to make repaire to tho existing 12 -inch A.C.. Omer Pipe, Having excavated to the depth of the 12 -inch cover pipe,and exposed the section of pipe where a former hookup connection had been attempted, it seemed evident that there was no damage to tho cover main. You proposed to put on a nev saddle and riser components, and continue with construction of Riser No. 2. You were at this time instructed to do whatever was necessary to expose one full length of sever pipe so as to facilitate thorough inspection of the pipe section, Having completed the additional work required to enable inspection of the full section of sever pipe, it was decided that the pipe section was not damaged and replacement, as called for under this contract item, would not be necossary and you were so informed. Because it was not necessary to repair the 12 -inch A.C. Sever Pipe, we cannot pay you for this item. If you feel that your coot for the work performed in making the inspection of the full section of pipe warrant consideration for payment, please furnish us with a summary of these costs. Very truly yours, ' Vince-Corthell and Associates 01 . �. Fleteiher I E I T7i: PAI A11/ INV, P I'1v 14''AP V R s 1,11'.11'1UVAVT 11101 P1f 11051P 101+4.1i'(°I': nnLICC, j11'1+,91•?`•fINT 1111f 61 1' • A1;"1Il'11fAl FIN 1,1141; 1TI:14 TRA91,fi1;1t I►ATI': (i 3011111 79, 1:194 The Acliewiny requent for fire Item tr•trsfer in the f+r1fre i 11cortr oW Bud -et fs mada fol,* your ro+tsideret+on• 1� trljlt4fnr I1p41,21th learn �nrr�ntnic'ttlmntl ��9r) to (/punting qoirpi ty• 01) y -e ;� v' 2) t-nr�"or 9Q 9:�U'1 fqm �r+m�fntrntiens (�2) to s W •.� Rep'lir a"41 %tn411ten7reA (24) .r p `1"1t4 rr1+artst fnr 1lno i' Am tr-naf-r 1r necc+atllta*ff(l Por the fa11c►aft11± rf�f+9vtlas i) in Onpfcwhar, $1,00 wag cl-nr-d agalnnt thn n;erotfrr, t <i111+r11c•ss bU('flPt creq«im; a �i�•p�cit. '1'h+f R,''"r"p via fpr NasRi+tie for ritrnt •►vhlptn,�* In the nrlica Ito. i ,yrs "ortmant b+tdget; "m ,1Movinton wa4 mgde fer tiN^ exrelt• 8iture. A 11,200 111-1• t•er trwfer will romr°,ly Ma litilvis'n ht' ! r --Ant. Ha--vpr It Nino, tint by re4plble � � t to c"'it irtue tov evvnr t111 A . npn-�ruAt,etnrl clxpen�li+faro throarh tho owt of 11•tp item tvitnsf9ro wfthr+t! cncott•tt• c+rl±tl; scrfour 01+2ratfor91 pra1h1f•ma, is at is prorentt y ahowinr i deficit. 40n the d^licit hn4 ner+.�rro 1' 1 ifs n reautt of nsft-bwlgytwl ita^s cha-zoq •t;�lns6 this caq�nr;�, ;•rf- prr+fy 4n v^hielo red • o%hf ,tr rodio ox, onditltr®o. A $901) ltno Item tonttafrr from C;emmtfnJ—tt1er4 to 03pair and �Nintvfipva t,itl hp;+efufiy remedy the moble+ one cnfln, : rei1, This Moryuvr*oft l tae ftew trpngenr np hl,'ol1 f*o- t'fp t;Amnlinl- ' C.`tI in,; W7,?t, V fir"t; fltlflrter •'ut9 of exp-i-lit!tp9 rfl,1 tv rnfr.•:°invd for 'hc �41nlavo of Ov fincul y:nr, slt'uid not result in buclNt+t deft -.it i.a thin c'jL^r9ry. IncontcrfencR coulj reot,11t fn rot Hrt1: Aitc t,! Windle Mdttora by the jonet er-vjd. ' ,%'ice'. !a•+s r+, anp; hacovt,c•r, a• ,.•,1•!• :►n t°rgc`ic"hl� a mc+rP atr!,etst POI +e;' in t'fa +•s - Of tern flis•Ance cello will be dovelopjil for /� ON department. r M (`tr 1 The Of'-s+art :•it will -?Rrttn�jc •o attempt t'► stay within ite,, b•+C,,c`. r o, +ti-.,vrrc :':rc car h:a tvm, 3n,l •4iit emtinuc t9 I- --in -ted in rcferv•:se tc t;:c tial+ in w%frh A;ticft sr^ri•lin h^ . 9z�urrc'cl, Itenov �, it i9 MN;:•^st:d that in the arca of the ••n~.-! u•1�;:ted ; ta914ne expeiditure:a that viable alterhati.P9 to Jibe item trnigfo- also be considored, t. (lti';Ilhl t� •"�'► ,�11(, 1':G l ttnT' Kaagi Poti�e U�rpartme:K • ft!t:isf 04 eei"m O••dm/ � A" _�!�!m!YYqIli , 1110 1Y nq=nYrli ui 11 �" V RESOLUTION NO. 74 -�44�- BE IT RESOLVED by the Council of the City of Kenai that: 1. Upon conveyance to the City by the State of the property within ATS 272 it is and will be the intent of the City to honor all existing rights-of-way and leases within that survey. 2. The City Manager is hereby authorized to prepare and send a letter of intent to the ? Alaska Division of Lands, expressing therein the intent of the City of Kenai to honor all such existing rights-of-way and leases. Passed this day of , 1974. JAMES A. ELSON , MAYOR ATTEST: Sharon Loosli, City Clerk 0 CITY OF KENAI WORK PROJECTS (As of 10/31/74) - PUBLIC WORKS STATUS 1. Boat ramp access road SSS completed 2. Timing of sewage lift stations Underway; engineering required to complete 3. Warm storage Exploring alternatives 4. Boat Harbor development Council guidance required S. Water -sewer hookups and sewer Completed except for repair in Davidson -Cone Subd. minor items. 6. Fort Kenay restoration Searching for funds 7. Airport control lighting In design S. Paint water markers, barricades, Underway etc. 9. Repair hockey rink Public Works, Fire Dept. $ Hockey Assoc. to work together 10. Foot bridge at beach Permanent replacement being"constructed. 11. Develop and update Capital Require a City Engineer Improvement Plan 12. Expansion of float plane basin Under evaluation by FAA PUBLIC SAFETY - 1. Tanker trucks Searching through Civil Defense a 2. Emergency Medical Training On-going - 3. Flags on fire hydrants to Fire Chief scheduling - warn equipment operators ADMINISTRATIVE 1. Recruit for Public Works Finalists being considered Director/Engineer i K t 4 `at F - .. .. _. — 4 I YI II 1111 11 II II I`� ■ II III IilY.11ll nll 1 IL ___ _ — I .. _--"—��_.._ _.�.+._. - I L AIL - i ADMINISTRATIVE - continued 2. Use Plan for FAA housing area 3. Annual Report 4. Zoning Ordinance; non- conforming uses S. Library construction 6. Wildwood contracts 7. Review salary schedules & fringe benefits S. Public Safety Program 9. Street naming and house numbering 10. Ordinance for Boat storage and berthing 11. Condemnation of old buildings 12. Ordinance pertaining to Parks usage 13. Review and revise Personnel Regulations 14. Finance Administration Ordinance 15. Close out remaining grant projects 16. Funding for Civic Center 17. Review leases and rate schedules 18. Land promotion 19. Prepare Capital Improvements program and submit application for funding of projects scheduled for 1975 20. Acquisition of gravel sources STATUS Appraisal ordered Being drafted Preparing litigation 6 Meeting with State Librarian scheduled for Nov. 14 in Kenai Under review Salary schedules being reviewed Underway No action Referred to City Attorney Fire Department to burn as training - City Attorney checking others No action Underway { Underway Complete'except for Municipal Ball Park Sources of funding being researched Revised lease rate to be presented as soon as appraisal. completed Schedule for early 1975 Agency personnel contacted; City'Engr. on staff would expedite by freeing CM for Grant Work, etc. Underway 11 CITY OF KENAI i WORK PROJECTS COMPLETED 6 PUBLIC WORKS ' 1. Fill water reservoir 0 2. Sign for Terminal Bldg. at Municipal Airport r 3. Transient aircraft tie -down 4. Winterize City equipment S. Sludge removal project 6. Waukesha engines at Treatment Plant - repair completed i. Fire reservoir pump house and equipment repair S. Remove boat harbor floats PUBLIC SAFETY I. Fire School . 1 .2. Fire inspection of City property 1 •3. Recruit for Fire Chief 4. Security lighting at Public Safety Building - ADMINISTRATIVE 4- 1. Citizen's Complaint Forms l f y -1 � 1 .E f -x.l-� I �- -I L --y -i ■ II CITY OF KENAI I I WORK PROJECTS DEFERRED UNTIL 1975 a PUBLIC WORKS STATUS 1. Beaver Creek Park Ready for seeding 2. Birch Drive Park Ready for seeding 3. Paving for Terminal Loop Under evaluation by FAA and Main Street Loop Spring construction 4. Install street signs and Erect in Spring; paint,' utility markers repair, etc. in winter S. Public Safety Building Ready for seeding and landscaping - spring 6. Repairs to Airport Parking Lot Spring 1975 7. Clean sewer lines Sprang 1975 S. Repair cracks at airport Spring 1975 9. Paint line designating ramp area, Deferred 1975 . gas pit, and helicopter landing area. ` PUBLIC SAFETY - 1. Paint Fire Hydrants Deferred until 1975 a r � n M-1 MEMORANDUM TO: Mayor and City Council ' FROM: Roland D. Lynn, City Manager DATE: November 4, 1974 SUBJECT: AREAS OF CHALLENGE REQUIRING LEGISLATIVE GUIDANCE o= I have discussed the specific areas of challenge in which I need Council guidance with some or all of e you at one time or another. However, I felt it _ would be advisable to present them to you in skeleton ' form so you will be aware of the areas where Council r =' guidance is required to permit the staff to progress. T, Prior to each meeting, I will prepare a memorandum !' discussing each topic in depth presenting all of the alternatives I am aware of and recommending courses ' of action. Hopefully, the Council will see fit to hold a work session as soon as possible after the November Sth election to discuss the alternatives regarding the . Library -Auditorium complex. I would then like to ' receive guidance from you concerning the other topics •� listed below; I am more than willing to spend as ► much time as required to discuss the alternatives to your satisfaction. � I ...continued F M-1 PRIORITY AREAS OF CHALLENGE AND ALTERNATIVE SOLUTIONS 1. Additional Police Officers - 3 or 4 required. Possible Alternatives a. Hire more Police; keep Fire Department the same size. b. Transfer 3 or 4 positions from Fire Department to Police Department -- total number of employees to remain the same. C. Reduce Fire Department and keep Police Department the same size. d. Take no action. 2. Maintain present "S" rating for fire insurance purposes. Alternatives a. Determine deficiencies listed by Insurance Services Office. b. Hire more Firemen if required by Insurance Services Office. c. Supplement -regular Firemen°. with volunteers if necessary. d. Cross -train an expanded Police Force to respond to fires and equip each patrol car with basic fire suppression equipment. e. Take no action. 3. Library -Auditorium Construction (Assume passage of bond proposal) . Alternatives a. Purchase existing Court House and convert to Library and City offices. b. Build Library and Auditorium on !top of Public Safety Building to reduce foundation costs. "NUA,,. e to X_ PRIORITY AREAS OF CHALLENGE AND ALTERNATIVE SOLUTIONS Page 2 C. Build on originally proposed site between Public Safety Building and new State Building; reduce size and combine facility as in completed design. d. Take no action at all. 4. Clerical support for City Attorney to increase his efficiency. Alternatives a. Disapprove request. b. Approve request. c. Table the request. S. Centralized Clerical Pool and Records Management System. Alternatives a. Authorize Administration to retain a consulting firm to perform a systems study on record keeping and clerical organization. (Cost can be estimated after meeting with Arthur Young personnel.) b. Take no action. 6. Acquire more office space for City Hall to permit greater efficiency. Alternatives a. Move all City Administrative offices to the south end of the Terminal Building by remodeling. b. Move all City offices from Terminal to Public Safety Building. c. Purchase old Court House and convert to City Hall. Roland D. Lynn, City Mgr. r f/�zl�.r a�- (, KEN41 PALE CE PEPARVENT September 1974 ` Monthly Report '1 /- 1 b ' -- �v VV F '1 /- 1 - � - During the month of September. 1974, Kenai Polico Department Issued 126 verbal trafgic warntn7, 63 ritltions. A totnl of 26 arrests were as follows: Assault With Dangevous Weapon 1 %W1 3 Reckless Driving 2 Drivir f While License Sus7erded 1 Joy Riding l DrrnV in Public i Disorderly Cond•ict s Contributing to the nelinq-iency of a Minor I Rurn+rhing Liquor to !finor 3 Minor Consuming I Possession of %fariju-sna 1 Petty L.'reeny .' Shopliftfng 7 Warrrrte 3 Su�anons � Total 26 'GPD investigated 1S traffic accid4nts resultin- in six in- juries and a tote! properly darn -o of 13,63S.00 dollars. There were no fatalities during. September. K4D officers put in a total nf- 181 hours of overtime during the wrath of September. KPD officer devoted 214 ho-irs of patrol a*.d complaint invertiga :ion at Wildwood. / .,�111RU RI�Sb, NC 1 ! NG LH 111+ KFVAI P0110E 1+EPARTlfIT PR:kf V 1 ` { ' i -i r { - � - 0 CITE' OF KENAI CAPITAL PROJECT BUDGET REPORT QUARTER ENDING SEPTEMBER 34, 1974 Letter of Transmittal October 15, 1974 Honorable Mayor t; City Council City Manager City of Kenai State of Alaska Gentlemen: Herewith submitted is the quarterly report on capital projects budget. Presently, the City has only one project (Airport Fencing Project) underway. The other projects In the report are nearly completc.4. Two projects, Civic Center and Watcr Well #3, are still In the planning stage. For your convenience, a summary of projects Is also prepared in addition to the detailed reports. Respectfully submitted, David T. Chen Finance Director DTC/le y 1 .. ..... _ -SFT-- .,.._ •__..— ..� ._. �-e..-._�..—.. _ . V i I 1 E t _ i }C v i V Y - aj 7 1 _ r CITY OF KENAI CAPITAL PROJECT BUDGET REPORT QUARTER ENDING SEPTEMBER 30, 1974 PREPARED BY DAVI D T.CHEN, FINANCE DIRECTOR _ Small Civic Parks/ Boat Airport Water/ Revenues Total Center Recreation Streets Harbor Fencinq Sewer Actual $2,914,777 $800,000 $149,071 $366,065 $ 32,378 $210,843 $1,354,420 Receivable 889,498 - 46,830 41,638 12,622 439,000 349,408 ` Total Revenue 3,804,275 800,000 195,901 409,703 45,000 649,843 1,703,828 Expenditures Actual/ Payables 1,666,350 193,559 138,595 97,932 41,465 195,030 999,769 Total Surplus (Deficit) $2,137,925 $606,441 $ 57306 $311,771 $ 3,535 $454,813 f- 704,059 6q i . t I CITY OF KENAI CAPITAL PROJECT BUDGET REPORT QUARTER ENDING SEPTEMBER 30, 1974 GENERAL CAPITAL PROJECT FUND PROJECT NAME - CIVIC CENTER PROJECT NUMBER - 27 DESCRIPTION To Date Revenue Budget Actual Bond Sale Proceeds $800,000 800,000 Total Revenue 800,000 800,000 To Date Expenditures Appropriation Actual Professional services 162,238 Administrative cost 31,321 Total Expenditures $800,000 193,559 Remarks: (1) Four projects were supposed to be completed under this bond sale commitment, namely, Library, Convention Center, Swimming Pool, and Health Center. (2) A $250,000 state grant for library construction may be approved contingent upon the referendum result. -2- Uncollected Balance 800,000 800.000 Available Balance 606,441 t GENERAL CAPITAL PROJECT FUND PROJECT NAME - PARKS/RECREATION PROJECT NUMBER - SEE BELOW DESCRIPTION _I Revenue Budget Bond Sale Proceeds # 79,682 Federal/State Grants 105,861 Local In-kind Contribution 10,358 f Total Revenue 195,901 i I Expenditures Appropriation -i Eleven completed projects # 94,241 54 Beaver Creek Park #1 10,800 55 Beaver Creek Park #2 9,360 .� 57 Comfort Stations 6,200 58 Birch Drive 5,300 70 Municipal Park Expansion 70,000 Total Expenditures fl 95,901 Remarks: - (1) Revenue - Federal/State Receivable Uncollected #46,830 No. Project Name Grant Amount ' 48 FAA Football Field # 3,670 - 54 Beaver Creek Park #1 5,184 57 Comfort Stations 2,976 . 70 Municipal Park Expansion 35,000 # 46,830 . i (2) Projects #55 B 58 were proposed but not approved yet. i -3- k ..._. � .Q.. -.rte• .�. .�....--...�.-M..._._....J.�...�._. __ ..-I-._..-..._.�..__�-y- _ To Date Uncollected Actual. Balance 79,682 - 59,031 46,630 10,358 - 149,071 46,830 To Dote Available Actual Balance 94,241 - 4,874 5,926 1,875 7,485 1,567 4,633 1,334 3,966 34,704 35,296 138,595 57306 Remarks Reimbursement requested Net completed Reimbursement requested Grant is not formally approved yet, but only waiver approved I CITY OF KENAI CAPITAL PROJECT BUDGET REPORT QUARTER ENDING SEPTEMBER 30, 1974 GENERAL CAPITAL PROJECT FUND PROJECT NAME - STREET IMPROVEMENTS DESCRIPTION To Date Uncollected Revenue Budget Actual Balance ! Bond Proceeds $347,449 347,449 - State Grants 62,254 20,616 41,630 Total Revenue 409,703 368,065 41,638 To Date Available Expenditures Appropriation Actual Balance Capitalized projects $ 97,932 97,932 - Princess Loop 26,486 - 26,486 Thompson Park 50,125 - 50,125 Cottonwood 23,750 - 23,750 Birch Drive 47,000 - 47,000 Forest Drive South 51,700 - 51,700 Candlelight Drive 42,840 - 42,840 Contingency 69,870 - 69,870 409,703 97,932 311,771 Remarks: (1) All the projects are only in the planning stage. (2) Access Road to Small Boat Harbor appears to be needed for this community. If the Council wishes to build the Access Road to Small Boat Harbor under the street programs, the Administration should file with the State for the change of priority. -4- CITY OF KENAI CAPITAL PROJECT BUDGET REPORT QUARTER ENDING SEPTEMBER 30, 1974 GENERAL CAPITAL PROJECT FUND PROJECT NAME - SMALL BOAT HARBOR PROJECT NUMBER - 32 DESCRIPTION 1 To Date Uncollected Revenue Budget Actual Balance i Bond Sale Proceeds $25,000 25,000 - General Fund Contribution 20,000 7,378 12,622 { Total Revenue $45,000 32� 12� To Date Available i Expenditures Appropriation Actual Balance Labor/Fringe Benefits 6,997 ' Supplies 4,769 Communication/Utl I ity 10 Professional Services 2.795 Equipment Rental 26,659 . Administrative 235 ►' Total Expenditures $45� 41® 3�® Remarks: General Fund Contribution is the work done by force account. 4 r P 1+ .L a: �i r 1 :I i CITY OF KENAI CAPITAL PROJECT BUDGET REPORT QUARTER ENDING SEPTEMBER 30, 1974 AIRPORT CAPITAL. PROJECT FUND PROJECT NAME - AIRPORT SECURITY FENCING #60 DESCRIPTION To Date Revenue Budget Actual Fund Balance $174,S44 174,S44 Federal Grants 274,375 36,299 State Grants 164,625 - Totai Revenues 613,544 210,843 Expenditures Land Construction Engineering 8 Supervision Administrative Costs Contingencies Total Expenditures Total Available Balance � f x� i F $174,544 1 -6- Uncollected Balance 238,076 164,625 402,701 Available Balance 40,822 159,109 16,496 3,858 23,685 243,970 158,731 To Date Appropriation Actual 64,000 23,178 300,315 141,206 46,000 29,504 5,000 1,142 23,685 - 439,000 195,030 $174,544 1 -6- Uncollected Balance 238,076 164,625 402,701 Available Balance 40,822 159,109 16,496 3,858 23,685 243,970 158,731 CITY OF KENAI CAPITAL PROJECT BUDGET REPORT QUARTER ENDING SEPTEMBER 30, 1974 WATER/SEWER CAPITAL PROJECT FUND DESCRIPTION Revenue Fund Balance Federal Grants State Grants Total Revenue Expenditures 052 Sewer Interceptors 056 Kaknu Korners Water (W2) 057 Mommsen/Bush Lane Water (W1) O58 Kaknu-Davidson-Cone Sewer (S1) 059 Willow St. Ext. (W4) OS3 Wildwood Connection 055 New Well 03) Contingencies Total Expenditures Remarks: (1) State Grants Mommsen/Bush Lane Davidson-Cone.K.K. Bush Lanes 74 New Well 03) Total Grants Applied (2) Cash on Hand - 6354, 651 75,000 50,000 37,500 81,000 243,500 2G To Date Uncollected Buffet Actual Balance $1,233,460 1,233,460 - 226,868 120,960 105,908 243,500 - 243,500 1,703,828 1,354,420 349,408 To Date Available Appropriation Actual Balance 563,733 563,733 - 67,402 67,402 - 270,000 266,784 3,216 P 68,728 68,728 - 23,221 23,221 15,000 8,183 6,817 324,000 1,718 322,282 371.744 - 371,744 61,703,828 999,769 704,059 75,000 50,000 37,500 81,000 243,500 2G /r r F , - MEMORANDUM TO: FROM: DATE: i i y T. Honorable Mayor and Kenai City Council Members Roland D. Lynn, City Manager October 23, 1974 Assistant Fire Chief Thomas has just completed a fire safety inspection of all City facilities and all have complied with the exception of the Airport Cafe located in the Kenai Municipal Airport Terminal building. They have been given until November S, 1974, to make necessary adjustments to come under acceptable - fire standards. If the Airport Cafe does not comply �by November Sth, they will be vacated from the pro- mises they now occupy. - r- - RDL : sp { { anH. Ann,Pyle---' 1W k i� ... ._ . Ilu iii it .....__�_. _ i•. E3,nc._nuin �i ,I i mnu i,-1 L I . SUGGESTIONS 8 RECOMMENDATION IN CONNECTION WITH THE CITY OF KENAI'S FINANCIAL PLANNING Prepared by: David T. Chen Finance Director November 8, 1974 1. ESTIMATED DEBT REQUIREMENT (Assuming Other Conditions Being Constant) 10 (F) (A) (e) (C) (6) (E) f 46 million Date payment Estimated Income for Estimated Sales Total Est, Estimated FY Required Special Assessment Tax Income Incomo Shortage 1975 : 482,922 ; 200,000 : 175,000 f 375,000 f 107,922 1976 511,008 200,000 192,500 392,500 1181508 1977 512,820 200,000 5 200,000 312,820 1978 $19,070 200,000 4 200,000 319,070 1979 519,070 200,000 1 200,000 319,070 1980 513,520 100,000 3/4 100,000 413,520 1981 502,382 100,000 100,000 402,382 1982 455,520 100,000 100,000 355,520 1983 392,875 100,000 100,000 292,875 1984 396,393 396,393 1985 389,070 389,070 ` 1986 396,230 390,230 1987 392,350 392,350 1988 392,605 392,605 1989 396,838 396,836 1990 189,885 389,885 1991 371,976 371,975 1992 354,362 354,362 1993 221,212 221,212 1994 86,815 88,815 ` 1995 09,973 69,973 j 1996 90,865 901865 1997 86,625 86,625 _ 1998 87,252 87,,252 $8,153,637 $1,,400 1000 }367 $1,767,500 116-706,137 _ 10 (F) ( Estimated Requiredtdillage for Property Evaluation Dow P»vrr±ent f 46 million 2} 51 " 6 51 " 6 4 57 " g} 57 57 " 7 64 64 64 " 6 71 " 5} 71 " g} 71 " 5} 80 "so 5 M R 80 " 5 j 90 " 4 90 " 4 90 " 2} 100 " 1 100 100 111 " 3/4 111 " 3/4 2 i f 11, DISCUSSION It appears to be, according to the above estimates, that the City would be in extreme financial difficulty especially from 1977 through 1992 If some plannings are not done in advance, it is also not realistic to assume that the City would not need any more capital improvement in the next twenty years, In addition, the present operation budget is too tight to meet most demands. Besides, the City may very well be going to have other booms (both economically and population -wise) in the next few yearn. The questionu are: 1, Now is the City going to meet the minimum requirements of debt payments in the next 20 years? , 2, Now is the City going to maintain the effective service to meet most reasonable demands from the taxpayers? 3. Now is the City going to handle the situation in case of boom or disaster? i It appears to be that an overall comprehensive planning, Including financial plannini, needs to be done intelligently. Financially, there are some suggestions and recommendations. In reality, even if tho suggestions and recommendations are taken, it still needs qood personnel to adminta:er them flexibly, 111 SUGGESTIONS 6 RECOMMENOA'r1ONS 1, To continue the sales taxation at 1$ to 2%, the Adminis- tration should recommend for voters' referendum no later than next election (because the present sales taxation will be terminated on July 1, 1976) . Reason: Tho property owners should not be the only tax payers to pay for the public facilities. The transients and temporary residents should pay their share for the public facilities which they also benefit from, 2. To propose Borough's sales tax be reduced from 3% to 1$. Reason: The property tax should pick up the major expenses for the school (not entirely supported by sales taxation.) I A - q IF e; ij 3. If sates taxation is to continue after 1976, then a certain portion should be reserved for capital improvements only (say, 1/5 of total sales taxes) . 4. The newly implemented budgetary control system (including centralized purchasing, revenue collection and budget abiding) should be continued and enforced to reduce the financial waste or abuse. S. To reinstate the proposed special assessments which failed to pass last year. ( Note: The City, without reimbursement from the benefited people, advanced more than $100, 000 for the above said districts) . Reason: The people in those special assessment districts have had the benefit of water/sewer improvements fcr some time without paying their share of cost. This means that the general taxpayers have paid this for the benefits the small group has received. 6. To re -organize the City in order to gain more efficiency, the City should be run like any other business. 7. Financial administration needs system refinement and Improvements. With sophisticated financial management, the City is able to wisely plan the revenue and expenditures for both the short-range and the long-range. S. Should the above suggestions and recommendations be adopted, then, budget certain reserve fund annually for the future debt payments. There may be two advantages by establishing debt reserve fund annually. (a) The City would be able to do some minor capital improvements from time to time with the current operating budget. (b) After a certain period, the City is financially and credibly able to Issue new bonds to meet now demands, If they arise. DTC/le Prepared by: d T. Chen Finance Director - -- -mlow ARTHUR YOUNG & COMPANY 730 T STREET ANCMORAGe. ALASKA 99501 November 6, 1974 The Honorable Janes A. Elson, Mayor Members of the City Council City of Kenai Kenai, Alaska Gentlemen: One of the natural byproducts of an audit is the auditor's observations regarding accounting practices and Internal controls. As a result of our examination of the financial statements of the City of Kenai for the year ended June 30, 1974, we made a number of such observations and we now present them for your consideration. Wherever possible, we have made recommendations for corrective or alternative actions. In addition, our comments should not be construed as embracing all areas of City govern- ment operations as the scope of our audit is limited primarily to accounting functions. Budget Budgets have been prepared as all-inclusive of the various funds of the City with the result that the General Fund has been treated as a central accounting fund. various revenue and expenditure items are reported in the General Fund and again in the fund to which they apply. In our opinion, financial reporting and accounting can be simplified by budgeting for each separate fund. For example, debt service in the General Fund should be budgeted for only the amount estimated to be required In excess of special assessments collectable and sales tax revenue. In addition, General Fund charges to other funds for operational costs should be clearly distinguishable for each Individual fund and not an overall combined percentage charge. We also feel that the budget should include provision for the General Fund to pay the Airport Terminal Revenue Fund gent for the space occupied by the City administration. Revenues of the Terminal Revenue Fund have been understated by this omission. . . '. iak ., ...___X 0 M a t . r ' ARTHUR YOUNG S COMPANY I 1 F_ The Honorable James A. Bison, Mayor Members of the City Council City of Kenai November 6, 1974 -2- - Special Assessments Considerable finance department and audit time could be saved by changing the procedures in accounting for special assessments. We feel that strong consideration should be given to the following suggestions: 1. Deferred interest should be eliminated from the receivable accounts and be recorded only when interest becomes due. 2. Subsidiary account cards should have the scheduled payments of principal and interest and due dates posted to them in advance. 3. A control listing of names and total assess- ments should be made and noted for advance r, payoffs to protect against lost cards. 4. Subsidiary cards of each fund should be reconciled to the control account totals at 30 days after payment due dates and year-end. r 5. Payments should be applied to assessments and interest before penalties and delinquent ` interest. This would eliminate costly errors A caused by the now required recomputations, oaccounting for partial balances and would encourage delinquent property -owners to pay full payments rather than partial payments. ' S. Refile the entire 1973 program subsidiary cards alphabetically rather than by assessment R districts. Payment in lieu of taxes ' Tax charges to other funds should be examined closely --- prior to budget approval to ensure that they are not a duplica-, tion of charges by the General Fund through the percentage charge of operational expenses. Fixed assets of all funds, except the Terminal Revenue Fund, are now a part of the City's general ' fixed assets. I 1 F_ _ � .... - �+ _ --- .., - - - . _ _„ -_ __� � .�sw. 'sc'��c���.vrf+�i K-'i•i.'.C�.AiSe' I i ARTHUR YOUNG S COMPANY The Honorable James A. Elson, Mayor Members of the City Council City of Kenai November 6, 1974 -3- Adjusting Journal Entries We noted that numerous journal entries were prepared during the year and make the following suggestions to reduce their number and clarify their interpretation: 1. Establishment of a suspense account for posting of items awaiting clarification. These should be cleared in one entry each month. A listing of the suspended items and their final disposi- tion should be attached to the entry. 2. Use of a recurring journal for posting of items of a repetitive nature. 3. Separation of entries on the forms presently in use with more detailed explanations and support documentation or computations attached. Use of City Owned Equipment As mentioned in last year's report to the Council, costs for use of City equipment are not being charged to capital projects for force account work and to the Airport M&O Fund for snow removal from the runways, except the portion of General Fund charge on an overall percentage basis. We feel that equip- ment logs should be maintained to form a basis for allocation of Maintenance Department costs to other funds and projects. Such costs in prior years have been borne by the General Fund because of the lack of such information and are now included as part of restricted cash in the Capital Projects Funds. Trust and Agency Funds In several cases, Department of Revenue receipts for vehicle licenses were erroneously deposited with City funds as fish and game licenses. Some of these errors existed at 6/30/73 and were not cleared as of 6/30/74. We recommend that all trust and agency accounts be examined on closing of the books each month and that each account that does not zero out be thoroughly analyzed and researched. I ir- . ARswuR Youmo a CompAnr - F I ! The Honorable James A. Elson, Mayor Members of the City Council City of Kenai -4- Restricted Cash November 6, 1974 The central treasury contains all cash of the City Including bond proceeds and federal revenue sharing receipts. Restricted cash exceeds available cash at June 30, 1974 by $431,731 which indicates unauthorized borrowing of such restricted cash. During the past fiscal year, such borrowing was reduced by $241,531; however, as mentioned in our last year's letter, we again recommend that restricted cash be maintained separately. The comments herein are submitted solely for the Information of the City's management and Council; they should not be presented or quoted to anyone outside the City's financial management because of the possibility of misunderstanding by other persons who may not be aware of the objectives and limita- tions of internal controls and accounting procedures. In summary, the accounting records reflected improve- ment over the prior year. We appreciate the cooperation and assistance we received in the performance of our duties and would be pleased to discuss the above comments with you and assist in their adoption at any time. Very tru y yours, t ARTHUR YOUNG CAMP fti /ba 4 "r r ANNUAL FINANCIAL REPORT r 3 CITY OF KENAI STATE OF ALASKA for the Fiscal Year Ended ` June 30, 1974 Submitted by NAI Finance Department - ..•'�••.., City of Kenai David T. Chen _ Director of Finance POP c CITY OF KENAI KENAI, ALASKA w 3 ' itl t _ I, F th r c- f. 3 Y � � p •t f I low ANNUAL FINANCIAL REPORT it CITY OF KENAI for the Fiscal Year Ended June 30, 1974 TABLE OF CONTENTS - Exhibit Paqe Lecllslative & Administrative Officials 3 Finance Director's Letter of Transmittal, 4-12 -- Auditors' Oolnion 14 All Funds Combined, Balance Sheet - All Funds A-1 IS -16 Combined Statement of Cash Receipts and Disbursements - All Funds A-2 18 Combined Schedule of Bonds Payable A-3 19-20 "neral Fund Balance Sheet 8-1 21 Analysis of Changes In Fund Balance 8-2 22 Statement of Revenue -Estimated and Actual B-3 23-24 '. Statement of Expenditures Compared - with Authorizations 6-4 25 . Special Revenue Funds _ Balance Sheet C=1 1 26 Analysis of Changes In Fund Balance C-2 - 27 _. Statement of Revenue - Estimated and Actual C-3 - 28 _ -� Statement of Expenditures Compare with Authorizations C-4 29 t � r jt d E ' i k r 1 . ! 30 D-2 32 s E-1 33-34 t � . 111 1 i E-3 37-38 r — ' F-2 39 _ y 40 F-4 I 7 .i TABLE OF CONTENTS (Continued) Debt Service Funds Balance Sheet Statement of Revenue, Expenditures and Fund Balance Capital Projects Funds Balance Sheet Statement of Revenues, Expenditures and Fund Balance Statement of Revenues, Estimated and Actual Enterprise Funds Airport Terminal Revenue Fund: Balance Sheet Statement of Revenue and Expense - Actual and Budgeted and Retained Earnings Statement of Sources and Applications of Cash Funds Statement of Changes in Assets Restricted for Revenue Bond Debt Service Trust and Aqency Funds Balance Sheet Analysis of Changes in Fund Balance Statement of Cash Receipts and Disbursements Special Assessment Funds Balance Sheet Analysis of Changes in Fund Balance Statement of Cash Receipts and Disbursements General Fixed Assets Statement of General Fixed Assets Statement of Changes In General Fixed Assets by Function and Activity Other Statements Statement of General Long -Term Debt Notes to Financial Statements Supplementary Information Schedule of General Fixed Assets by Functions and Activities Schedule of Bond and Interest Amortization to Maturity: General Obligation Bonds Electric Revenue Bonds Airport Terminal Revenue Bonds ---------, -- - u_I IN111111u1 Exhibit Paqe D-1 30 D-2 32 E-1 33-34 E-2 35-36 111 1 i E-3 37-38 F-1 38 ' F-2 39 _ F-3 40 F-4 41 G-1 42 G-2 43 G-3 44 1 H-1 45-46 r H-2 47-48 H-3 49-50 I-1 51 1-2 52 r - J 53 i 54-58 Schedules Page L 1 59-60 j a 2 61-62 3 63-64 d 4 65 11 X. i I I '- I I .• .• _ _- .. _.- - -_ - - -_ ...•.. .1 11!_JA,L 1.!614-.1'A_d-.1. III I I I I ANNUAL FINANCIAL REPORT pi CITY OF KENAI ° for the _ Fiscal Year Ended ; June 30, 1974 I ^ MAYOR/CITY COUNCIL Clarence E. Johnson Mayor ` Robert Bielefeld Councilman _ James Doyle Councilman A. L. Hudson Councilman `1 Tru McGrady Councilman - Robert Norene Councilman H. J. Steiner Councilman ADMINISTRATION i George A. Navarre David T. Chen City Manager Finance Director Sharon Loosii City Clerk James E. Fisher Barry Pegram City Attorney Police Chief ►• - . ' Frank Wisecarver Fire Chief MAYOR'S FINANCE 8 AUDIT COMMITTEE Carl L. Hille Kenai Peninsula Borough { Finance Qirector H. J. Steiner Councilman i I i • r t 4— ti' I + s = 1 I i I G• I LETTER OF TRANSMITTAL September 30, 1974 Mr. Roland D. Lynn, City Manager City of Kenai Kenai, Alaska Dear Mr. Lynn: The Annual Financial Report of the City of Kenai, Alaska, for the fiscal year ended June 30, 1974 is submitted herewith. ACCOUNTING SYSTEM AND REPORTS The City's accounting records for general governmental operations are maintained on a modified accrued basis, with the most important revenues being recorded when earned and expenditures being recorded when incurred. Accounting records for the City's Airport Terminal Revenue Fund is maintained on a full accrued basis. Budgetary control is maintained by a monthly allotment system and the encumbrance of allotment balances purchase order prior to their release to vendors. Purchase orders which exceed allot- ment balances are not released until additional appropriations are made available. The FY1974 Annual Financial Report submitted herewith tries to meet the standards set up by the Municipal Finance Officers Association of the United States and Canada. GENERAL GOVERNMENTAL FUNCTIONS -Revenues for general governmental functions totaled $1,318,654 In FY 1974, an increase -of 16.1 percent over FY1973. General property taxes produced 37.6 percent of general revenues compared to 28.7 percent last year. The amount of revenue from various sources and increase over last year are shown in the following 4 _u7 L1 .... 3( �.�1 um u.wm iium imi ipiNfilliFillipikM ai Iu� �i Mr. Roland D. Lynn S-?ptetnher 30, 1974 , r( tabulation: Increase Percent (Decrease) Revenue Service Amount of Total Over FY1973 Property Taxes & Penalties $ 496,245 37.6 $ 168,270 Franchise & Other Taxes 210,256 15.9 57,981' ; ` Intergovernmental Revenues 315,759 24.0 57,964 Permits, Licenses & Fees 17,506 1.3 5;S82 Fines & Forfeits 24,028 1.8 0, SOX - Charges for Services 117,098 8.9 (26;906) Matching Funds 29,887 2.3 (95;029) ' Other Revenues 107,795 8.2 8;954 is " $1,318,654 100.0 $183,319 Assessed valuations of $49.1 million represent a decrease of i 0.01 percent under the preceding year. The assessed vatue.at. 1, 1974, relating to the fiscal year 1975 is $46.1' Wilion,." � .January + a decrease of 6 percent over the assessment at January 1; 197.3. � A substantial part of this decrease Is due to deletion of Inventory - values. Current property tax collections were 94.3 percent of the tax'; levy, up 0.2 percent over last year. Allocations of proO�rty._-.,, tax levy by purpose for FY1974 and the preceding fiscal year - are as follows: (Amounts per $100/assessed value) . ; Purpose FY1974 F1I'1973 _ - General Fund $0.1555 General Obligatlon Debt 0.8945 O.SB�S:;. - Total Tax Rate $1.0500 $0.700,0 - Current one -percent sales tax collections were up 16 percent7. - over last year. The entire proceeds of sales taxes were all", ed` for the purpose of general obligation debt payments. Expenditures for general governmental purposes totaled a decrease of 23.7 percent under FY1973. Decreases or Inicreases In levels of expenditure for major functions of the City over the a , l Fft FM Mr. Roland D. Lynn September 30, 1974 preceding year are shown in the following tabulation: Increase Percent (Decrease) Function Amount Of Total Over FY1973 General Government $ 210,812 18.2 $(61,998) Public Safety 443,416 38.3 (105,653) Street 78,967 6.8 ( 1,331) _ Public Works 141,200 12.2 6,079 Public Welfare 16,047 1.4 (84,634) Library 18,916 1.7 3,829 Parks 8 Recreation 5,227 0.5 (21, 261) Bonded Debt Services 242,239* 20.9 (94,617)* $1,1S6,824 100.00 ($359,S86) *Note: Both years include sales taxes for debt services. General Fund Balance which used to bear a huge deficit level in the preceding years has shown a great deal of improvements on Its status. The General Fund Balance showed a total redaction of deficit of $514,983 within the current fiscal year. Of the total reduction of $514,983, an amount of $359,586 was saved from the operation (see above tabulation) . pEBT ADMINISTRATION The ratio of net bonded debt to assessed valuation and the amount of bonded debt per capita are useful indicators of the City's debt position to municipal management, citizens, and investors. These data for the City of Kenai at the end of 1974 fiscal year were as follows: 1974 Certified Assessed Valuation (100% of actual value) $46,145,017 i Estimated population 4,028 6 r Mr. Roland D. Lynn September 30, 1974 General Obligation Bonds Outstanding $5,410,000 ; Less: Assessments Receivable 2,195,793 `a i Estimated Sales Tax Receivable 350,000 t Debt Service Reserve 133,121 F Net Direct Debt $2,731,086 ci u Kenai Peninsula Borough Overlapping Debt 11,300,000 Total Net E Overlapping Debt $14,031,086 y . a Ratio of Debt Debt k (Q Assessed Value Per Caolta r� Net Direct Debt 5.92% $ 678 t� - Overlapping Debt 5.44 706 Total $1 384 Outstanding general obligation indebtedness at June 30, 1974 totaled $8,553,637 was down $787,500. - During the last year, $190,000 of tax bonds were retired, and $269,738 Interest of tax bonds were paid. On April 1, 1974, $4,050,000 of tax bonds were refunded at a favorable effective Interest rate of 5.575 per cent, which was approximately 2 percent lower than the refunded bonds and It saved the City a total of $228,537. The following tabulation compares general obligation bonds Issued during the past five fiscal years: Effective Interest Cost Date Average Interest Per Borrowed Issue Amount Life in Yrs. Rate Dollar 4-1-70 340,000 13.103 7.2754$ 95.34 8-1-71 1,000,000 5.995 5.8175 34.94 1-1-72 2,000,000 12.66 6.1383 77.74 10-1-72 1,000,000 12.70 5.711535 72.54 4-1-74 4,050,000* 9.38 5.575 53.434 (*Note: The last issue of $4,050,000 was the advance refunding bonds to refund the preceding four Issues.) 7 r� �I .i Mr. Roland D. Lynn September 30, 1974 a. _ The City's bond continue to have the same rating (Baa) which they have carried for the past several years. Cash temporarily idle during the year was Invested in time deposits ranging from 60 to 365 days to maturity. During the fiscal year ended on June 30, 1974, the City's cash resources were divided between demand deposits and investments as follows: In demand deposits 0% In bank time deposits 100% Notice that the City in the last year practically invested all the cash and kept the demand deposit with zero or negative balance most of the time. The average yield on maturing investments during the year was 9 percent and the amount of interest received was $76,203. The latter amount was $15,438 less than interest on temporary Investments in the fiscal year 1973. CAPITAL PROJECTS FUNDS The proceeds of general obligation bond issues are accounted for In capital projects funds until improvement projects are completed. At the end of the fiscal year, completed projects are transferred to general fixed assets. During FY1974, projects financed by general obligation bonds and grants were completed at a cost of $5,329,947. Authorized but unissued bonds were all formally cancel led . Capital project fund on hand at June 30, 1974 consisted of $53,905 In cash and $905,000 in time deposits. GENERAL FIXED ASSETS The general fixed assets of the City are those fixed assets used in the performance of general governmental functions and exclude the fixed assets of Airport Terminal Revenue Fund but include the fixed assets of Water 6 Sewer System because the Water Sewer Fund was reclassified as special revenue fund instead of utility fund. As of June 30, 1974, the general fixed assets of the City amounted to $12,799,007. This amount represents the original cost of the assets and is considerably less than their present value. Depreciation of 8 a Mr. Roland D. Lynn September 30, 1974 general fixed assets is not recognized In the City's accounting system. WATER B SEWER SYSTEM The City's water and sewer utility used to be treated as a utility fund and was reclassified last year as a special revenue fund. The main reason for this accounting change is the Water/Sewer Fund has received the contribution from General Fund more than its gross sales. In addition, all the water and sewer systems were built through the financing of general obligation bonds (other than We portion financed by State and/or Federal grants) which later were partially paid by General Fund. The records show that the Water/Sewer Fund has not been self-supporting. However, the Fund had a better year and continued to show gains in gross sales. Comparative data for the past two fiscal years are presented in the following tabulation: FY1974 FYI 973 Gross Income (excluding Intergovern- mental Contribution) $177,538 $109,874 Operating Expenses (excluding depreciation) 122,568 103,605 Net Income $ 54,970 6,269 Average Annual Debt Services (All G.O. Bonds) $275,201 302,899 During the year, $105,821 of regularly maturing G. 0. bonds were retired in the Water and Sewer Fund. At the end of the fiscal year, completed projects and fixed assets were completely transferred to General Fixed Assets. During FY1974, projects financed by general obligation bonds and grants were completed at a cost of $1,406,786. AIRPORT SYSTEM The City is one of the few municipalities I'n the State of Alaska owning an airport system. The system is supported by three 9 r L 4 fr Mr. Roland D. Lynn i September 30, 1974 i T funds, Airport Terminal Revenue Fund (Enterprise Fund) , Airport Maintenance E Operation Fund (Special Revenue Fund) and Airport Land Fund (Special Revenue Fund) . The Airport Terminal Revenue Fund had a better year than the preceding one and showed gains in gross income. Comparative data for the past two fiscal years are presented in the following tabulation: FY1974 FYI 973 Gross Income $56,029 $47,578 Net Income (loss) : After depreciation (excluding General Fund Charges) (11,593) (23,863) Average Annual .Debt Services 15,406 15,812 For the past few years, the Airport Terminal Revenue Fund has not been quite self-supporting. Accounting -wise, the Airport Terminal Fund is separately maintained from other two Airport funds. Actually, all three funds are established and managed for the same airport operation. Airport Maintenance 8 Operation Fund 8 Airport Land Fund have been treated as special revenue funds due to some restrictions by City's ordinance. The following is the tabulation of comparative data for the past two years. 10 i 4 Airport Airport M/0 Fund Land Fund FY1974 Revenue $26,315 $75,280 Expenditure 26,801 68922 Net ( 486) 6,358 FY1973 Revenue 31,751 26,741 Expenditure 76,234 9,975 Net :.(44,483) $=16,761 10 i 4 Mr. Roland D. Lynn September 30, 1974 -'"' -=•----�-%^��aIIIIILII I III 61� Y��� The entire Airport system, supported by three Airport funds, _ started a new capital Improvement of $439,000 which was 100 percent financed by the federal and state governments. It is anticipated = •i INDEPENDENT AUDIT Mr. Roland D. Lynn September 30, 1974 -'"' -=•----�-%^��aIIIIILII I III 61� Y��� The entire Airport system, supported by three Airport funds, _ started a new capital Improvement of $439,000 which was 100 percent financed by the federal and state governments. It is anticipated that the project will be completed in fiscal year 1975. INDEPENDENT AUDIT The City Charter requires an annual audit to be made of the books of account, financial records, and transactions of all administrative i1 departments of the City by a Certified Public Accountant selected by the City Council. This requirement has been complied with and the auditor's opinion has been included in this report. ACKNOWLEDGEMENTS The preparation of this report on a timely basis could not have been accomplished without the efficient and dedicated services of the entire staff of the Finance Department. I should like to express my ' appreciation to all members of the department who assisted and contributed to its preparation. P At the beginning of last fiscal year, certain funds of the City=+ . reflected $1.495 million in deficits. To date the deficit was reduced by $1.405 million by operating surpluses and adjustment in prior accounting methods. Excluding grants, interfund transfers and { adjustments, the significant net financial improvements are tabulated = ` as follows: Percent - Description Amount of Net Gain (1) Current Operating Surplus $ 216,600 7 (2) Special Assessment Revenue 685,109 21. (3) Capital Improvements 1,511,587 47 _ ___ (4) Long -Term Liability 012,313 25 - •- $3,225,809 100 In other words, the City's financial condition appears to be $3 million — ;° _ better than last year. The $3 -million -financial -improvements were _ accomplished by hard -work and better management. Without City 11 41 �a��l I.I l,l IV.II :• -dl i uo,.io�..L1jUdlils-�.:,:......zc�.....r.::—�y�ll. � ffiFX_- _, f i� P f • Mr. Roland D. Lynn September 30, 1974 �i Management's and City Council's support, it would not have been possible to achieve the substantial financial improvements for the City. I should especially like to thank Mr. George A. Navarre - (then City Manager), Mr. Clarence E. Johnson (then Mayor) and - two Finance and Audit Committee members, Mr. H. J. Steiner (also City Councilman) and Mr. Carl Hille (Kenai Peninsula Borough Finance Director) for their interest and support In planning and conducting the financial operation of the City in a responsible and progressive manner. R ectfully submitted, PDVI T. Chen Finance Director ' DTC/le n . Q p 12 1 • y i' 4 d � , 'i f r F +-��• 1 1 ARTHUR YOUNG COMPANY �s 730 1 STREET ANCHORAGE. ALASKA 99801 i l i J The Honorable James A. Elson, Mayor Members of the City Council City of Kenai Kenai, Alaska _ - Gentlemen: We have examined the balance sheets of the various funds of the City of Kenai, Alaska, as of June 30, 1974, and the related statements of operations for the year then ended. Our examination was made in accordance with generally accepted auditing standards, -� and accordingly included such tests of the accounting records and such other auditing procedures as we considered necessary in the . circumstances. In our opinion, except for the valuation of general fixed assets at appraisal (Note 9), and subject to resolution of the un- certainties involved with collection of assessments on state and federal properties (Note 8), the accompanying balance sheets present fairly the financial position of the various funds and balanced account groups for the City of Kenai, Alaska at June 30, 1974, in �- conformity with generally accepted accounting principles applicable to governmental entities applied on a basis consistent with that of the preceding year except for the changes in accounting for the 1 assets and operations of the Water and Sewer Fund, advances to Special Assessment Fund for delinquent collections, and revenue recognition in the Airport Funds (Note 1), in which we concur, October 10, 1974 C� u'7 � �3 ARTi &. & COMPANY' 14 CITY OF KENAI COMBINED BALANCE SHEET - ALL FUNDS June 30, 1974 Special Debt Revenue Service Funds Funds C-1 D-1 $ 33,049 $ 133,121 78,755 - 13,681 - 4,087,916 7,084 20,000 - $145,465 $4,228,121 $ 82,764 $ 8,995 = 5,000 4,095,000 96,759 4,095,000 48,726 133,121 $145,485 $4,228,121 General ASSETS AND OTHER DEBITS Fund EXHIBIT B-1 Cash and investments $ - Taxes Receivable - Net 59,055 Accounts Receivable - Net 339,146 Materials Inventory - - Special Assessments Receivable - Prepaid Expense and Deposits 638 Restricted Assets: Sinking Funds - - Unamortized Bond Premium - Land - Buildings - Improvements Other Than Buildings - Equipment, Machinery and Vehicles - Less Accumulated Depreciation - Construction Work in Process - Investments - Amount Available for Bond Retirement - Amount to be Provided for Bond Retirement - Amount to be Provided for Notes and Contracts - .. - . $398,839 LIABILITIES 1 ; Due to Central Treasury $352,229 Contracts and Retainage Payable - Notes and Contracts Payable Accounts and Sales Taxes Payable 5,333 I Accrued Liabilities 40,639 ► Unearned and Deferred Revenues - Customer Deposits 322 Due State of Alaska - - ; General Obligation Bonds Payable - Revenue Bonds Payable - 398,523 - RESERVES AND FUND BALANCES/RETAINED - EARNINGS - --- Reserves 24,646 Contribution from General Obligation Bonds - j Contribution from Federal 6 State Governments - _, Contribution from City and Miscellaneous - Appraisal Increase in Fixed Assets - - Fund Balance (Deficit) (24, 330) Retained Earnings (Deficit) - _$398,839 See accompanying notes. F 15 '7 � 3 • :i ` '•T 1 i Special Debt Revenue Service Funds Funds C-1 D-1 $ 33,049 $ 133,121 78,755 - 13,681 - 4,087,916 7,084 20,000 - $145,465 $4,228,121 $ 82,764 $ 8,995 = 5,000 4,095,000 96,759 4,095,000 48,726 133,121 $145,485 $4,228,121 EXHIBIT A-1 ,f Capital Trust Special General General i' Projects Enterprise and Agency Assessment Fixed Long-term Funds Fund Funds Funds Assets Debt E_1 FF=1 G-1 H-1 1-1 J $1,306,245 $ - $ 4,681 $ 940,358 13,842 598,767 570 - - -; - - - 2,195,223 - - .0 -, - 69,500 220,233 - - - = 23,650 - - 2,068,350 - - - 450,000 - - 1,248,871 - ' L - 3,761 - - 7,939,520 - - 12,425 - - 1,281,470 - (88,858) 260,796 - j - - - - - 133,121 - - - - - 5,276,879 i ` - - - - 33,681 --: $2,246,603 $484,320 $823,681 $2,19S,793 $12,799,007 $5,443,681 124,923 $ 9,255 $ - $ 17,7S2 $ - $ - . 33,979 - - - - - - - - - - 33,681 ;`'� 37,434 1,493 4,681 276,916 - - �i - 1,219 - - - - - 243,500 - - 396,785 - - ' 69,750 t 5,410,000 390,000 819,000 509,586 401,967 823,681 691,453 - 5,443,681 -_--i 317,276 69,500 - - - - ' - - - -- 3,738,097 - 30,273 - - 4,777,187 - `' - 23,381 - - 1,199,666 - - - - - 3,084,057 - 1,419,741 - - 1,504,340 - - - (40, 801) - - - - $2,246,603 $484,320 $823,681 $2,195,793 $12,799,007 $5,443,681 16 r - EXHIBIT A-2 CITY OF KENAI STATEMENT OF CENTRAL TREASURY BALANCES June 30, 1974 --- _ __ ....._,.._V 4 Exhibit Restricted Unrestricted Total General Fund B-1 ; ;( 352,229] ;( 352,229) - Special Revenue Funds C-1 20,532 ( 70,247) ( 49,715) Debt Service Funds D -i 133,121 - 133,121 " 1 Capital Projects Funds E-1 1,161,322 - 1,181,322 Enterprise Funds: Airport Terminal Revenue Fund F-1 - ( 9,2551 ( 9,255) +� Airport Terminal Revenue Bond Reserve Airport Terminal Repair and F-1 57,500 57,500 t� Replacement Reserves F-1 12,000 - 12,000 ' Trust and Agency Funds G-1 224,914 - 224,914 ' Special Assessment Funds 1H-1 17,752) - S 17,752) .. ;1,611,637 ;( 431,731) ;1,179,906 ` Investments Cash and and time Demand BALANCES CLASSIFIED BY DEPOSITARY Deposits Deposits Total Alaska Statebank ; 290,000 ; - ; 290,000 National Bank of Alaska400,000 53,900 453,900 r� National Bank of Alaska - Homer Electric Association and Kenai City Light Escrow 155,000 65,231 220,231 r First Federal Savings and Loan 215,000 - 215,000 Petty Cash and Change•Funds- 775 77S . • f , ;1.060.000 ; 119,906 ;1,179.906 - See accompanying notes. --- _ __ ....._,.._V 4 CITY OF KENAI COMBINED SCHEDULE OF BONDS PAYABLE Year Ended June 30, 1974 i f - GENERAL OBLIGATION BONDS 1964 Water and Sewer 1967 Water and Sewer 1967 Streets 1969 Water 1974 Advance Refunding Total General Obligation Bonds (Exhibit J) REVENUE BONDS Electric Utility: (Note 7 ) 1963 1967 1970 Total electric utility (Exhibit G-1) Airport Terminal: 1965 Airport Terminal Building (Exhibit IF -1) Total Revenue Bonds t Note: Does not include Advance Refunded Bonds _i 'i = - See accompanying notes. Interest r Rate 5% 5.3%-6% 6% 5.1% - 5.9% 19 5% 5.9% 1 r 7-1/2$ 6$ 3-3/4% i.; r-, Interest r Rate 5% 5.3%-6% 6% 5.1% - 5.9% = r- 5% 5.9% 7-1/2$ 6$ 3-3/4% i.; r-, i ' EXHIBIT A-3 i i Final Issue Maturity Date Date Authorized Issued Retired Outstandinq September 1964 September 1979 $ 150,000 a 150,000 $ 90,000 60,000 1,000,000 September 1967 September 1997 400,000 1,400,000 140,000 1,260,000 a October 1.969 October 1981 60,000 60,000 • 20, 000 40,000 April 1974 July 1992 4.05Q.000 4,050,000 - 4,050,000 ` $5,660,000 $5,660,000 S 250.000 $5,410,000 ' � . 1 - October 1963 October 1977 $ 450,000 # 450,000 $ 54,000 396,000 October 1967 October 1985 300,000 300,000 177,000 123,000 i June 1970 October 1993 300,000 275,000 275,000 November 1969 November 1978 - 25,000 - 25,000 1.050,000 11050,000 231,000 819,000 December 1965 December 1995 450,000 450,000 60,000 390,000 $1,500,000 $1,500,000 291,000 $1,209,000 r . 20 r., _ t j L' 11 - r I $398,839 EXHIBIT B-1 CITY OF KENAI _ ' GENERAL FUND BALANCE SHEET June 30, 1974 ASSETS I� Accounts receivable:I - Real estate taxes $46,474 _ Personal property taxes 25,081 71,555 Less allowance for uncollectable taxes (12,500) 59,055 { Kenai Peninsula Borough 7,064 State of Alaska 28,855 ; Employees and other 7,649 Notes . Receivable 3,390 Accrupd Interest receivable 15,272 $121,285 Due from Special Assessment Funds 276,916 _ Prepaid expenses 588 P Deposits 50 f $398,839 LIABILITIES, RESERVE AND FUND BALANCE ,. _ ...: flue to Central Treasury $352,229 • Accounts payable 5,333 Other deposits 322 • Payroll taxes and other accrued liabilities 40.639 - 398,523 -' Reserves: -� Public Health Service $12,607 - Library 7,911 ' Parks S00 --- ' Encumbrances 3.628 24,646 ` - - Fund Balance (deficit) (24, 330) U $398,839 r z ' L.A Ell 101 ..L!.-. • .-.----L'''-"" '� -' -`• "•' •' .. -._ . -L_ A. .1 -III! dtsrel . 1111 .. I Il 111111 1111 11111111 11 I I nr�rlilil } �+ EXHIBIT B-2 CITY OF KENAI GENERAL FUND ANALYSIS OF CHANGES IN FUND BALANCE Year ended June 30, 1974 Fund balance (deficit), July 1, 1973 $(539,313) Add: 1) Adjustment to reclassify prior year debt service payments as advances to Special Assessment Funds for delinquent uncollected assessments. 175,264 j2) Adjustment to reinstate prior year Airport Funds expenditures 177,889 Adjusted fund balance (deficit), July 1, 1973 (186,160) Less: Excess of revenues over expenditures: Revenues (Exhibit B-3) 1,318,654 Expenditures (Exhibit B-4) 1,156, 824 161,830 Fund balance (deficit), June 30, 1974 $( 24,330) i i J ' I 1 See accompanying notes. I� _ 22 F r , i CITY OF KENAI EXHIBIT 8-3 GENERAL FUND STATEMENT OF REVENUE - ESTIMATED AND ACTUAL F _, Year ended June 30, 1974 Actual Estimated over Revenue Actual (under) (Revised) Revenue Estimated 3,730 13,366 9,636 See accompanying notes. 23 Taxes: ;S t Real and personal property $482,877 $496,245 $13,368 Payments in lieu of taxes (Other Funds) 61,444 34,494 (26,950) ' r, Sales Taxes 145,000 168,728 23,728 Franchise Tax 6,900 7,034 134 696,221 706,501 10,280 Intergovernmental revenue: State of Alaska: Business license tax 38,000 48,243 10,243 Fish tax 10,875 19,718 8,843 Liquor licenses 9,100 13,900 4,800 Shared revenue 135,000 133,621 ( 1,379) Electric and telephone cooperatives 14,000 15,409 1,409 Amusement devices 11088 1,768 680 Federal - shared revenue (Exhibit C-2) 83,100 83,100 - ` 291,163 315,759 24,596 Permits, licenses and fees: Licenses, impound fees and other permits 750 666 (84) Building permits 4,000 6,287 2,287 Taxi permits 270 370 100 City dump fees 81000 10,263 2,263 �.... "= 13,020 17,586 4,566 Charges for services: Wildwood - fire and police protection 85,000 85,000 - i - commissions Department of Revenue co 1 200 3, 16 893 3 693 , Ambulance/rescue 2, 500 11,696 9,396 ` Other Services 2,000 3,309 1,309 r ` ! 102,700 117,098 14,398 - Matching Funds: ` State Senior Citizens 12,646 29,637 16,991 Library - 250 250 --- 12,646 29,887 17,241 t- Rents and Leases: - { Property Rental - 1,499 1,499 Tidelands 2,750 2,790 40 Equipment Rental - 4,806 4,806 Other 980 4,271 3,291 3,730 13,366 9,636 See accompanying notes. 23 ;S t I t r, i i r, 3,730 13,366 9,636 See accompanying notes. 23 EXHIBIT B-3 r Continued CITY OF KENAI GENERAL FUND i f STATEMENT OF REVENUE - ESTIMATED AND ACTUAL Year ended June 30, 1974 71 Actual ` Estimated over . Revenue Actual (under) (Revised) Revenue Estimated Penalties and fines: Municipal court (forfeitures) $ 18,600 22,356 3,756 - Library fines 1,400 1,672 272 J 20,000 24,028 Other revenues: 4,028 i (ti Interest 92,000 76,203 Miscellaneous (15,797) 8,000 18,226 10,226 100,000 94,429 ( 5,571) I Total revenue $1,239,480 $1,318,654 $79,174 - :d . I , See accompanying notes. 24 t • 1• F` a S , , ' I 1 1 . I lF i 1 EXHIBIT B-4 7 Y _v Is CITY OF KENAI GENERAL FUND -- STATEMENT OF EXPENDITURES -COMPARED WITH AUTHORIZATIONS Year ended June 30, 1974 Actual over Authorization Actual (under) (Revised) Expenditures Authorizations Non -departmental $ 607,224 $ 623,444 $ 16,220 Communications 44,473 42,897 ( 1,576) Council on Aging 12,900 13,217 317 City Council 30,306 27,916 ( 2,390) Attorney 41,369 29,320 (12,049) Manager 84,255 82,282 ( 1,973) Finance 78,882 73,851 ( 5,031) Police 153,226 149,003 ( 4,223) Fire 260,651 268,014 7,363 Public Works 56,325 40,513 (15,812) Street Maintenance 112,520 113,989 1,469 Health Center 2,800 2,830 30 Inspection 18,400 18,273 ( 127) Fort Kenay 2,500 1,713 ( 787) Library 19,317 18,916 ( 401) Recreation 1,273 1,273 - Fine Arts 2,194 2,241 47 Municipal Shop 87,613 82,414 ( 51199) Department of Revenue 16,284 15,556 ( 728) '.... , Total Expenditures 1,632,512 1,607,662 (24, 850) I Less: Reimbursements from . Other Funds - Special Assessment Fund -Debt Service 231,731 274,019 42,288 Airport Land Fund - Debt Service 34,713 .34,713 - ' - Airport Land Fund - Debt Service, Revenue Bonds 24,625 24,625 - Airport Terminal Fund 49,175 28,283 ROAM --^ Airport M60 Fund 35,976 20,866 (15,110) _ Capital Projects - 35,022 36,022 ---- Fire Department - 16,498 16,498 - Water and Sewer Fund 16,812 16,812 - - 393,032 450,838 57,806 '. General Fund Expendi- tures $1,239,480 $1,156,824 ;(82,656) See accompanying notes. j 2S M ' W I - � 1 7 Y _v Is See accompanying notes. J L.., i 4 I mll. I II Id _ II i i _ ._ . i_ S. y . _ ate--: -, ... �e-.•. . �_ 26 I ' Y f p y , j f EXHIBIT C-1 r CITY OF KENA1 SPECIAL REVENUE FUNDS i �i BALANCE SHEET ' Jame 30, 1974 i i ASSETS - - Airport Water Federal -- Maintenance Airport and Revenue Total E Operation Land Sewer Sharinq -� Equity in Central Treasury ; 33,049 ; 2,355 ; - ; - $ 30,694 - Accounts Receivable 83,589 5,635 23,255 42,416 12,263 Less: Estimated Uncollectable ( 4,834) - ( 4,834) - - Investments 20, 000 - 20,000 - - Inventory 13,681 - - 13,681 - $145,485 # 7,990 ; 38,421 ; 56,097 ; 42,977 - LIABILITIES AND FUND BALANCES Accounts Payable ; 8,995 ; 370 ; 2,707 $ 5,918 $ - ,_ Unearned Revenues Due to Central Treasury 51000 - 82,764 - 12,517 51000 70,247 '. .96,759 370 15,224 81,165 - Fund Balance- 48,726 7,620 23,197 (25,068) 42,977 $145,485 ; 7,990 ; 38,421 ; 56,097 ; 42,977 See accompanying notes. J �.' 26 I ' Y p y , j f A - } EXHIBIT C-2 CITY OF KENAI SPECIAL REVENUE FUNDS ANALYSIS OF CHANGES IN FUND BALANCE Year ended June 30, 1974 Airport Water Federal i Maintenance Airport and Revenue i.-. = Total and Operation Land Sewer Sharinq Fund balance, July 1, 1973 $287,854 75,006 # 138,361 $ - $ 74,487 Add (deduct) adjust- _ " ments to beginning Fund Balances (Note 1) (268,463) (66,900) (121,522) (80,041) - Adjusted Fund Balances, July 1. 1973 19,391 8,106 16,839 (80,041) 74,487 `J Revenues 330,723 26,315 75,280 177,538 51,590 Expenditures 301,391 26,801 68,922 122,568 83,100 _ .. Excess (deficiency) of Revenue over expendi- tures 29,332 ( 486) 6,358 54,970 (31,510) `-� Fund Balance, (Deficit) i June 30, 1974 $48,723 $7,620 $23,197 $(2S,071) 42,977 p� r ( I r . 1 See accompanying notes. y 27 `- r . IL � I� I 1111 li IIIIIl11 1 1 1111111 711 11 11111. 11111111 lilII 11111 1 1 .i1ih. EXHIBIT C-3 r ! - CITY OF KENAI = SPECIAL REVENUE FUNDS STATEMENT OF REVENUE - ESTIMATED AND ACTUAL Year ended June 30, 1974 ' Actual Estimated Over - Revenue Actual (under) (Revised) Revenue Estimate Airport Maintenance and Operation Fund Rents and leases $ 15,600 $ 9,753 $( 5,847) Landing and other fees 12,500 16,562 4,062 —1 $ 28,100 $26,315 $( 1,785) Airport Land. Fund Rents and leases $ 40,000 $ 33,053 $( 6,947) Land sales 42,000 42,227 227 $ 82,000 $ 75,280 $ ( 6,720) Water and Sewer Fund Charges for services $130,000 $173,462 $43,482 Other Revenue 3,000 4,056 1,056 $133,000 $177,538 $ 44,538 Federal Revenue Sharing Fund QEntitlement period - July 1, 1973 to June 30, 1974 $ 49,132 Interest 2,458 - See accompanying notes. k 28 M4 1 EXHIBIT C-4 CITY OF KENAI SPECIAL REVENUE FUNDS STATEMENT OF EXPENDITURES COMPARED WITH AUTHORIZATIONS Year ended June 30, 1974 Actual over Expend- (under) itures Budget 965 Budget 1,587 Appro- 3,200 riations 169 (Revised) Airport Maintenance and 13 Operation Fund (11,616) Supplies and equipment ; 4,630 Repairs and maintenance 710 Utilities and communications 3,420 - Professional services - Travel and entertainment - Generai Fund charge 32,483 - Payment in lieu of taxes 26,951 66,194 Airport Land Fund - Supplies and equipment ; - a Payment in lieu of taxes 6,153 Professional services - Debt Service Terminal Revenue Bonds 24,625 Debt Service -General Obligation Bonds 34,713 65,491 = Water 6 Sewer Labor and benefits ; S1,998 �. Supplies and equipment 10,000 :.Repairs and Maintenance 8,670 "- - Utilities and communications 19,500 .. _ Rents and Leases 1,113 Travel and entertainment SOO . Payment in lieu of taxes 23,881 General Fund Charge 16,812 Professional Services 526 - - - $133,000 - -- Federal Revenue Sharinq i t _ ( ` Transfer to General Fund for: Public Safety : 55,677 Financial Administration 27,423 ` ; 83,100 See accompanying notes. 29 Actual over Expend- (under) itures Budget 965 ; ( 3,665) 1,587 877 3,200 ( 220) 169 169 13 13 20,867 (11,616) - (26, 951) 26,801 ; (41,393) ; 27 ; 27 6,153 - 3,404 3,404 24,625 - 34,713 - ; 68,922 ; 3,431 $S1,954 ; ( 44) 1,783 ( 8,217) 7,076 ( 1,592) 19,526 26 1,039 ( 74) 495 ( 5) 23,881 16,812 - ( 526) ;122,568 ; (10,432) 55,677 $ - 27,423 83,100 ; t li iiilf i n f i h t i. I tai IuT l u !, t i IL". PIji. _. A. a.eei,ntu n. - 71, EXHIBIT D-1 CITY OF KENAI DEBT SERVICE FUNDS 7 ` BALANCE SHEET June 30, 1974 1971-1972 1964 1967 Advance Water Water, Sewer Refunded Total and Sewer and Streets Bonds Equity in Central Treasury $ $ $ ; cash and Investments 133,121 20,976 112,145 - '4 Cash and Investments escrow Refunded bonds 4,087,916 4,087,916 Unamortized premium 7,084 7,084 , 7 $4,228,121 $20,976 $112,145 $4,095,000 j LIABILITIES AND FUND BALANCES c = -, Advance Refunded Bonds Payable $4,095,000 $ $ $4,095,000 Fund balances 133,121 20,976 112,145 - t $4,228,121 $20,976 $112,145 $4,095,000 t i 30 N ' •' t� r • i 1 t See accompanying notes. .M - •• IIII A.I,I!is. .. II '�'_'_-. .'"'_..- -' -' _" -� n mto.II ^.I 1.11. .. 1. J 1. _. .1 1!1.11! I .. .I Ii I I I ^I II II I Ilr!-I r =r I . 1 ~!! �I EXHIBIT D-2 CITY OF KENAI DEBT SERVICE FUNDS "- STATEMENT OF REVENUES, EXPENDITURES AND FUND BALANCE Year ended June 30, 1974 Advance i 1964 1967 Refunded 1 Water Water, Sewer 1969 Bonds Notes Total and Sewer and Streets Water (Note ) Payable _., Revenues: Special Assessment Funds transfer { 274,019 = 13,S74 $130,429 f $.130,016 $ General Fund contribution Including Sales tax of;168,728 242,239 7,623 216,758 17,858 i ^� Airport Land Fund contribution 34,713 34,713 J Advance Refunding Bond Proceeds 4,050,000 4,050.000 Total Revenues 4.600.971 13,574 130,429 7.623 4.421,487 17.868 . Expenditures: Redemption of serial bonds 190,000 10,000 25,000 5,000 150,000 Interest on bonds. 269,738 3,250 69,740 2,555 194,193 Fiscal agent's fees 1,351 153 424 68 706 Payments on bank notes 15,168 150168 Other Interest 21690 2,690 ► - Establish Refunded bonds escrow cash and investments 4.087,916 4,087,916 Total Expenditures 4.S66.863 13.403 95.164 7-623 4,432,815 17,858 " Excess (deficit) to fund balance 34,108 171 3S,265 - ( 1,328) - Fund balance. July 1, 1973 99,013 201805 76,880 1,328 Fund balance, June 30, 1974 $ 133,121 f 20,976 5112,145- i , See accompanying notes. .M CITY OF KENAI CAPITAL PROJECTS FUNDS BALANCE SHEET June 30, 1974 r, - Total Public �! All Safety Civic J - ASSETS Funds Building Center n. Equity in central treasury (restricted) $1,306,245 $ - $642,945 �- Due from State government 511,364 103,239 - " Due from Federal government 428,994 21,684 - $2,246,603 $124,923 $642,945 ' LIABILITIES AND FUND BALANCES I ' Due to central treasury 1 $ 124,923 $124,923 $ - " _ Due State of Alaska 69,750 - - r- :. Contracts payable 33,979 Accounts payable 37,434 - 36,505 Reserve for encumbrances 317,276 - - ' - Deferred credits 243,500 - - , 826,862 124,923 36,505 -.r. Fund Balance 1,419,741 - 606,440 j i $2,246,603 $124,923 $642,945 r L See _ accompanying notes. 33 II II Mal III IIIIIILWAVMM�L II I II IILtI .I JI .!!I lI.IRI!IRllu - •-�-: -- ----------- - - `r I j I� EXHIBIT E-1 i � r t I � r Small Boat Airport Water and Parks Harbor Streets Improvements Sewer 20,049 $544 $281,538 $111,457 $249,712 _ - - - 164,625 243,500 -" 8,235 - - 304,035 95,040 $ 28,284 $544 $281,538 $580,117 $588,252 i -, - - - - 69,750 - - - 33,979 929 - - - - _ -, 16,825 - - 300,451 - - - - - 243,500 ' - 17,754 - 300,451 347,229 _.: 10,530 544 261,538 279,666 241,023 $28,284 $544 $281,538 $580,117 $588,252 t i � Ll I • I 1 1 I J � I -i I .I 34 i I i' 1 CITY OF KENAI CAPITAL PROJECTS FUNDS ANALYSIS OF CHANGES IN FUND BALANCES Year Ended June 30, 1974 Total Public }' All Safety Civic Funds Buildinq Center f �j Bond Authorizations $4,000,000 $ 450,000 $ 800,000 Grants 2,608,481 679,708 - { Total Authorizations $6,608,481 $1,129,708 $ 800,000 Fund Balance (Deficit) July 1, 1973 $1,385,394 $( 394, 362) $ 643.538 Add: - Revenues 915.421 394.395 - _ Total 2.300.815 33 643.538 Deduct: Expenditures: . Completed Construction Contracts 397,203 - - --, Other Project Expenditures 166,594 33 37,098 Reserve for Expenditures 317,276- - - Total Deductions 881.073 37.098 Fund Balances $1,419,742 $ - $ 606,440 i .'t Li .... moi! . i 35 M I ` PF 1,,, waftWiF, EXHIBIT E- J Small Water Boat Airport and Sewer Parks Harbor Streets Improvements (Note $ 79,682 $2S.000 $ 347,449 $ 526,567 $1,771,282 67,267 - 996,494 865,012 ;146,949 $2S,000 $ 347,449 $1,,523.081 $2,636,294 42,766 22,456 282,855 $ 155.361 632,760 12,205 - - 07.59 51.262 54,971 22.06 282,80 612,940 684,022 1,269 26,346 - 21,912 - 1,317 32,823 395,934 47,065 16.825 - - 300,451 - 44,440 21,912 1.317 333.274 442.999 $10.531 $ S44 $281538 279,666 $241.023 y � . 36 .1 M { EXHIBIT E-3 CITY OF KENAI CAPITAL PROJECTS FUNDS STATEMENT OF REVENUE - ESTIMATED AND ACTUAL Year ended June 30, 1974 Prior Current Estimated Years Year Revenue Actual Actual Public Safetv Building Bond Proceeds 8 450,000 8450,000 $ - Federal and State Grants 679,708 285,313 394,395 1,129,708 735,313 394,395 Civic Center Bond Proceeds 800,000 800,000 - Parks Bond Proceeds 79,682 79,682 - Federal and State Grants 67,267 55,062 12,205 146,949 134,744 12,205 Small Boat Harbor Bond Proceeds 25,000 25,000 - Streets Bond Proceeds 347,449 347,449 - Airport Improvements Bond Proceeds 526,587 526,587 - Federal and State Grants 996,494 538,935 457,559 1,523,081 1,065,522 457,559 Water and Sewer Bond Proceeds 1,771,282 1,771,282 - Federal and State Grants 865,012 813,750 51,262 2,636,294 2,585,032 51,2.62 $6,608,481 $5,693,060 $915,421 q] i . 69,500 400,978 $484,320 $ 9,255 1;264 229 10,748 1,219 10,000 360,000 69,500 53,654 540, 801) $484,320 CITY OF KENAI AIRPORT TERMINAL REVENUE FUND BALANCE SHEET ! June 30, 1974 ASSETS Current assets: Accounts receivable Restricted assets: Equities in Central Treasury cash and l investments: _ Revenue Bond debt service $ S7,500 Repair and replacement reserve 12,000 Plant in service - at appraisal valuation: Buildings 450,000 Equipment 12,42S Improvements other than buildings 3.761 466,186 _ Less accumulated depreciation 88,858 . 377,328 Land 23.6SO " LIABILITIES, RESERVES, CONTRIBUTIONS AND DEFICIT Current liabilities (payable from current assets): Due to Central Treasury Accounts payable Sales tax payable Current liabilities (payable from restricted assets) : Accrued revenue bond interest payable Current portions - Bonds .Payable Other Liabilities: Revenue bonds payable (Exhibit A-3) i Reserves: Reserve for revenue bond debt service $ 57,500 Repair and replacement reserve 12,000 `j Contributions: • .' Contribution from City of Kenai 23,381 Contribution from Federal Government 30,273 -� . i Retained Earnings (deficit) See accompanying notes. ' - f 36 r i s i . 69,500 400,978 $484,320 $ 9,255 1;264 229 10,748 1,219 10,000 360,000 69,500 53,654 540, 801) $484,320 v f EXHIBIT F-1 CITY OF KENAI TERMINAL REVENUE FUND STATEMENT OF REVENUE AND EXPENSE - ACTUAL AND BUDGETED AND RETAINED EARNINGS DEFICIENCY j Year ended June 30, 1974 Actual over (under Budgeted Actual Budqel Operating revenues: Rents and lease $ 44,000 $ 56,029 $ 12,04 Less: Operating revenue deductions before depreciation: Supplies and equipment Repairs and maintenance Utilities and communication Debt service Professional services Other contract services Payment in lieu of taxes General Fund Charge - (Note 1) $ Operating income (loss) before Depreciation Less: Depreciation Net (deficit) Add: Grant from Airport Land Fund for Debt Service Balance to Retained Earnings Retained earnings (deficiency) , July 1, 1973 Add: 1) Adjustment to reinstate prior years' expenditures in Airport Funds (Note 1 ) 2) Effect of accounting principle change In revenue recognition (Note 1 ) Adjusted Retained Earnings (Deficiency) , July 1, 1973 Retained Earnings (Deficiency) , June 30, 1974 39 510 S10 4,770 4,774 4 '- 13,580 14,258 678 - 15,406 15,406 260 259 ( 1) kT 16,000 16,086 86 4,460 4,460 - 1 52.668 28.283 (24.385► 92,248 $84,036 $,( 8.2121 48x248) (28,007) $ (20.241) ^I 11.869 -- i (39,876) 24.813 (15.063) (64,010) i 35,478 is i 2,794 L: (25,738) -' $(40,801) v J 11.1-j'1101 Al I I 1 II. 1 .I 1111 W I N*4 o 1 .. I I _.�—...-•--•— —.�.- EXHIBIT F-3 _ _ CITY OF KFNAI I AIRPORT TERMINAL REVENUE FUND I STATEMENT OF SOURCES AND APPLICATIONS OF CASH FUNDS Year Ended June 30, 1974 Cash funds were provided by: Grant from Land Fund $ 24,813 Increase in current liabilities 836 Adjustment to reinstate prior years' expenditures 35"47 61,127 Cash Funds were applied to: Support operations 28,007 Increase current assets 1,681 Retire revenue bonds payable 10.000 39,688 - Increase in cash funds 21,439 Amount due Central Treasury, July 1, 1973 (30"6941 � June 30 1974 Amount due Central Treasury, , S ( 9, 255) f 1 I I� I �I - - - - ' See accompanying notes. -j- 40 I: 4 1 , J EXHIBIT F-4 CITY OF KENAI AIRPORT TERMINAL REVENUE FUND STATEMENT OF CHANGES IN ASSETS RESTRICTED FOR REVENUE BOND DEBT SERVICE Year ended June 30, 1974 1• • k. ment Service r ti. $ 57,500 $12,000 $69,500 24,813 r =f 82,313 J 94,313 10,000 10,000 w 14,813 24,813 24,813 $57,500 $12,000 $ 69, 500 x r Cash balance, July 1, 1973 Cash receipts: Transfers from operating cash Total cash available Cash disbursements: Revenue bonds redeemed Bond interest Total disbursements Cash balance, June 30, 1974 Repair and Replace - Debt ment Service Reserve Total $ 57,500 $12,000 $69,500 24,813 24,813 82,313 12,000 94,313 10,000 10,000 14,813 14,813 24,813 24,813 $57,500 $12,000 $ 69, 500 I - See accompanying notes. _ 41 F J •I EXHIBIT G -i - CITY OF KENAI TRUST AND AGENCY FUNDS ` BALANCE SHEET June 30, 1974 ASSETS Total Kenai Union and Department All City Marathon of Funds Lights Oil Companies Revenue r , Equity In Central Treasury f 4,681 $ 2,549 f 2,132 " Kenai City Light and Homer Electric Association - Escrow Cash and _ Investments 220,233 220,233 ' Contract Receivable - Homer Electric Association 598,767 598,767 $ 819,000 f 2 f 21132 /G • • tJ • LIABILITIES AND FUND BALANCES r1 �.. Revenue Bonds Payable (Exhibit A-3) $819,000 $819,000 f - f - Accounts Payable 4.6812,549 2,132 Fund balances - v $ 623,681 (819,000 12,S49 f 2,132 See accompanying notes. i' 42 i ... _ 1 J CITY OF KENAI TRUST AND AGENCY FUNDS ANALYSIS OF CHANGES IN FUND BALANCE Year Ended June 30, 1974 Fund balance, July 1, 1973 Less: Transfers: To General Fund __ .. To Airport Land Fund Fund balance, June 30, 1974 EXHIBIT G-9 Total P, All 'Etolln Senior Funds Subdivision Citizens D # 22,707 $ 7,801 1 " 14,906 - 5,906 7,801 7,801 - f' 7,801 5,906 u� F _ 11 ti { V i t 1 EXHIBIT G-9 Total P, All 'Etolln Senior Funds Subdivision Citizens D # 22,707 $ 7,801 $ 5,906 1 14,906 - 5,906 7,801 7,801 - 22,707 7,801 5,906 P, See accompanying notes. r� 43 u� 0 i� r r, e, I EXHIBIT C-3 r CITY OF KENAI r -' TRUST AND AGENCY FUNDS STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS Year Ended June 30, 1974 Equity in Equity In Central Central Treastiry , Add Less Lass Treasury �-j July 1, 1973 Receipts Disbursements Transfers June 30, 1974 Etotin Subdivision, Improvements :' 7,801 f - f - ; 7,801 f - Senior C1412ens. Transportation Kenai Fire Department, Ambulance Acquisition 5,906 9.000 = 51906 91000 - Department of Revenue. Fish and Came Ucenses 2,182 36,506 36,556 - 21132 Horner Electric Association, Wildwood Power ' Collection - 4,008 4,008 Kenai Utility Service Co.. Wildwood Gas Collections - 2,835 2,835 - - Union and Marathon Oil Companies. Sales to Kenai Utility Service Co. - 114,102 111,553 - 2,549 Kenai City Ughts 181,841 103,188 117.363 167,666 i., :20- 616 : 28® i 272 315 $.2.21.707 ; 1.72.147 L See accompanying notes. ri '.. _ 4. 1 44 F U " i 1 f - 1 t t ' ' 0 a/ a e1 CITY OF KENAI '- r SPECIAL ASSESSMENT FUNDS j I BALANCE SHEET ,- June 30, 1974 ASSETS ii. - - #00271 0 1973 1967 Water Water, Sewer Total and Sewer and Streets tt Assessments Receivable: - Delinquent $ 281,090 $ 70,005 $ 188,476 - Deferred 1,282,988 867,250 415,738 City Share 526,034 153,515 348,072 - Penalty, Interest and Court Costs 28,095 8,442 14,900 Special Deferred 77,016 77,016 - . 2,195,793 1,176,228 967,186 Hook-ups receivable 570 - - - $2,195,793 $ 1,176,228 $ 967,186 1 ` LIABILITIES AND FUND BALANCES L Due to Central Treasury $ 17,752 Due to General Fund 276,916 70,349 188,476 Deferred Interest 311,496 255,179 55,593 ► : - Deferred Interest, City Share 85,269 67,174 181115 '- _.. 691,453 392',702 262,184 - Fund Balance - Appropriated 1,SO4,340 783,526 705,002 . i ,...; $ 2,195,793 $1,176,228 $967,186 ,- i See accompanying notes. J 45 ,. La �S r F • I. h I �., EXHIBIT H-1 r- _ Cook '- 1964 Inlet - - Water Alyeska Industrial ' r- and Sewer Subdivision Air Park S 18,091 $ 4,518 - - 10,489 3,165 10,793 4,753 33,333 7,683 10,793 S70 - - 33,903 S 7,683 s 10,793 r $ - ; 6,959 ; 10,793 18,091 - - 724 - ;`.: 18,091 7,683 10,793 15,812 - - - 33,903 S�7,683_ $10,793 J 46 I i; • z CITY OF KENAI SPECIAL ASSESSMENT FUNDS ANALYSIS OF CHANGES IN FUND BALANCE j Year Ended June 30, 1974 #00271 1973 1967 _ Water Water, Sewer Total and Sewer and Streets Fund Balance, July 1, 1973 994,495 - 949,296 Less: Prior Period Debt Service Paid by General Fund for Special Assess- ' ment Fund (Note 1) 175,264 - 157,173 • Adjusted Fund Balance, July 1, 1973 819,231 - 792,123 Additions: ` 1973 Water and Sewer Assessment ' Established 860,942 860,942 - Interest on Current Year u Assessments 100,963 62,754 36,332 Delinquency Interest, Penalties and Court Costs 19,217 8,873 9,027 . Total Additions 981,122 932,569 45,359 Deductions: Transfers to Debt Service Funds 274,019 129,100 130,429 Interest Rebates on Advance �:- Pay-offs 21,994 19,943 2,051 Total Deductions 296,013 149,043 132,480 Fund Balance, June 30, 1974 $1,504,340 $ 783,526 S 705,002 • , i See accompanying notes. f 47 k r is f� f N. ,..3 EXHIBIT H-2 .s Cook 1964 Inlet ` Water Alyeska Industrial and Sewer Subdivision Park $45,199 $ - - 18,091 - - 27,108 - - 96 1 178 7 8 3 1,317 - - " 2,278 178 738 I -- 3-1 13,574 178 738 H 13,574 178 738 15,812 - . r i - 48 I• a ti N. F CITY OF KENAI i SPECIAL ASSESSMENT FUNDS F STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS '! Year Ended June 30, 1974 t� i, - 1973 #00271, 1967 Water Water, Sewer Total and Sewer and Streets ' Equity (deficit) .in Central Treasury ; July 1, 1973 (26, 955) Prior Year Adjustment (Note 1) 6,600 (20, 355) Receipts: `- Current and delinquent assess- ments and Interest 167,876 58,320 93 ,014 f Penalties, interest and court `y costs 6,911 431 6,112 Hook-up fees 183 - - r General Fund Advances 101,6S2 70,349 31,303 `9 Total receipts 276,622 129,100 130,429 Disbursements: Transfers to Debt Service Funds ' for Debt Service 274,019 129,100 130,429 `l Balance of Equity or (Deficit) in Central Treasury, June 30, 1974 ;(17,752) See accompanying notes. 49 F . - m moi..«.��_ PM I s _ I �1 EXHIBIT H-3 n _ 1964 Cook Inlet Water Alyeska Industrial and Sewer Subdivision Air Park r- •. - (7,911) (19,044) 6,600 ' (7,911) (12,444) -, 13,023 1,130 2,389 368 - - 183 - - 13,574 1,130 2,389 13,574 178 738 6,959) ;(10,793) e • Ir 1 i Ir E I Irks ' .J . s.0 M '. ff e - _ 11 r1 . t 1 r k 4 � -• y . i I . - m I1 II i EXHIBIT I-1 , I CITY OF KENAI '- STATEMENT OF GENERAL FIXED ASSETS June 30, 1974 General fixed assets: (Schedule 1) Land $2,068,350 Buildings 1,248,871 Land Improvements 4,038,853 Machinery and equipment 811,141 Vehicles 470,329 - Water and Sewer System 3,900,667 - Construction work in process 260,796 $ 12,799,007 ` Investment in general fixed assets from: Appraisal increase $ 3,084,057 General Obligation Bonds 3,738,097 Federal and State grants 4,777,187 City and miscellaneous 1,199, 666 $12,799,007 Q. r lY t4 See accompanying notes.; - - o f i - 1 h �""'..�..:.+. I.IIl ..-�.i it l.• _ _ C. ., .I�7--5---��. P r EXHIBIT 1-2 CITY OF KENAI rt STATEMENT OF CHANGES IN GENERAL FIXED ASSETS BY FUNCTIONS AND ACTIVITIES ,.� Year Ended June 30, 1974 �i General ' General Additions Deductions June 30, 1974 Fixed $ - 317,001 - Assets - - 43,586 July 1, 1973 r- City Manager $ 317,001 - Finance 10,373 - 1,316,252 Police 43,586 - Fire 362,801 - 25,200 Public Safety 63,924 24,923 Public Works 12,114 r't Streets and Maintenance 1,295,795 - Sanitation 2,750 - 4,019,13S Health Center 17,900 4,154,859 Harbors 25,200 Fort Kenay 45,943 Municipal Parks, Recreation r' and Race Track 209,146 ;r Municipal Shop and Central r Equipment Pool 95,272 FAA Complex 97,327 +� Revenue 797 Airport (M 6 O Fund) 4,019,135 Airport (Land Fund) 589,200 Water and Sewer Construction Work in Progress 1,331,083 $8,539,347 104,800 1,175,087 260,796 $5,434,747. $1,175,087 $12,799,007 A L' (1) Includes Transfer from Water -Sewer Fund of $4,154, 659 (Note 1) . i See accompanying notes. 52 General Fixed Assets Additions Deductions June 30, 1974 $ - $ - 317,001 - - 10,373 - - 43,586 - - 362,801 1,129,708 - 1,193,632 - - 12,114 20,457 - 1,316,252 - - 2,750 - - 17,900 - - 25,200 - - 45,943 24,923 - 234,069 - - 95,272 - - 97,327 - - 797 - - 4,019,13S - 589,200 4,154,859 - 4,154,859 104,800 1,175,087 260,796 $5,434,747. $1,175,087 $12,799,007 A L' (1) Includes Transfer from Water -Sewer Fund of $4,154, 659 (Note 1) . i See accompanying notes. 52 I, .1111 I. !1111 .II... �i._,_r. ie,��s=:_ __.:•_. - __t _,_:. , ., .. .. .. _. EXHIBIT J �I v n J o _ CITY OF KENAI STATEMENT OF GENERAL LONG-TERM DEBT June 30, 1974 Amount Available and to be Provided for the Payment of General Lonq-term Debt General Obligation Serial bonds: Amount available in Debt Service Funds (Exhibit D-1) Amounts to be provided Notes and contracts: Amounts to be provided General Lonq-term Debt Payable General obligation bonds (Exhibit A-3) Advance Refunded bonds (Exhibit A-3) (Note 5 ) Less: Escrow cash, investments and unamortized premium Notes payable: National Bank of Alaska - Mack Fire truck, payable $8,510 annually plus interest at 5-3/4% National Bank of Alaska - Seagrave Fire truck payable $3,329 semi-annually with interest at S-3/4% See accompanying notes. S3 $ 133,121 $ 5,276,879 5,410 33 $5,443 $ 5,410 4,095,000 (4,095,000) - 17,030 16,651 33,681 „ 5.443, 681 1 it I IMI S I � ; CITY OF KENAI NOTES TO FINANCIAL STATEMENTS June 30, 1974 A 1 r3 ' 1. Accountina policies y Q: PZ The City of Kenai maintains its records on a modified accrual basis of accounting. Major revenues are recorded when earned and expenditures are reflected in the year materials or services are received. Ad3ustment to Fund Balances A) General Fund fund balance - Exhibit B-2 was increased by $175,264 for the portion of prior year expenditures for debt service on general obligation bonds accounted for in the General Fund and represented by the amount of special assess- ments due and not collected. This change in accounting principle is also reflected in the General Fund receivable from Special Assessments - Exhibit B-1, Special Assessment Fund changes in fund balance - Exhibit 11-2, and Special Assess- ment Fund liability to General Fund - Exhibit H-1. B) General Fund fund balance - Exhibit B-2 was additionally Increased by $177,889 for reinstatement of expenditures within the various Airport Funds which were transferred to the General Fund at June 30, 1971. The expenditures were deemed to be in violation of the Terminal Revenue bond ordinances, however, they are accountable for within the various Airport Funds. E C) Airport Funds: Terminal =� Revenue Land M. & 0. Exhibit F-2 Exhibit C-2 Exhibit C-2 1) Reinstatement of prior ' years expenditures which had been transferred to ' _. General Fund at June 30, 1971 $35,478 $(138,361) $(75,006) i "i 2) Change in accounting ; r-7 principle to recognize revenues when billed and collectible, previously y. recognized in the period earned. Rentals deferred at June 30, 1973 2,794 23,439 8,106 3) 1971 Assessments col- ' lection recorded as revenue ..` in error - Exhibit H-3 - (6.600) - F $38A72 8(121,522) kf66„900) 54 CITY OF KENAI NOTES TO FINANCIAL STATEMENTS (Continued) June 30, 1974 1. Accountine Policies - (continued) Adiustments to Fund Balances - (continued) D) The accounting for the Water and Sewer Fund was changed from an enterprise fund to a special revenue fund. The change in accounting principle is due to the continuing support required from General Fund revenues to sustain the Water and Sewer Fund which occurs because of the large area served for a scattered population. In addition, the plant was substantially financed by various grants and depreciation on the overall system was continually in excess of operating revenues. The change results In the following transfers: Water and Sewer Fund fund balance, July 1, 1973 (deficit) $(497,705) Cancel accumulated depreciation 499,374 Water and Sewer Fund investment in fixed assets from revenues transferred to general fixed assets - Exhibit I-2 (81.710) Fund balance (deficit) transfer to Special Revenue Fund - Exhibit C-2 80.041) Transfer the July 1, 1973 assets restricted for construction of $797,249 less their related liabilities of $164,489 to beginning fund balance in the Capital Projects Fund - Exhibit E-2 $632,760.• Vacation Pav The City records the costs of vacation pay as expenditures at the time of payment and not when earned. 'At June 30, 1974 the liability for earned vacations approximated $42,000. Federal Revenue Sharing $$83,100 of federal revenue sharing revenues was appropriated for operating and maintenance expenditures for public safety - two-thirds and financial administration one-third. The expendi- tures are within the requirements of the State and Local Assistance Act of 1972. . 55 r IL i t r CITY OF KKNAI NOTES TO FINANCIAL STATEMENTS r (Continued) p- June 30, 1974 2. Restricted cash - Exhibit A-2 Cash restricted by bond ordinances, grants, and other restricted revenues have been maintained in a central treasury account. This central treasury account has been the depositary for both restricted and non -restricted funds received by the City. Due to the co --mingling of funds, the total cash available at June 30, 1974 is $431,731 less than the required amount for restricted purposes. Based on the above, the City is not in compliance with the restriction requirements of the bond ordinances relating to the G R O bonds and Terminal Revenue bonds outstanding; at - June 30, 1974. 3. Contingent liabilities The State of Alaska has made demand for reimbursement of approximately $64,000 from the City with respect to the PEP Program funding for the year ended June 30, 1973. Legal counsel for the City advises that the City will have cross-claims against the bonding company for any sums which it is adjudged to owe the State. 4. Retirement plan All full time City employees are included in a contributory and mandatory retirement plan administered by the State of Alaska. Expenditures for retirement benefits for the year ended June 30, 1974 were $36,596. 5, Advance Refunding Bonds - Exhibits D-1. D-2 and J: Advance refunding bonds for $4,050,000 dated April 1, 1974 were issued. Proceeds of the sale were used to purchase Federal securities and placed in escrow to service and retire the follow - Ing balances of general obligation bonds as they mature: Issues of: 1970 $ 310,000 1971 845,000 1972 1,940,000 1973 1.000.000 4, 095_. 000 56 F_ L F_ i _ .- _._ ._ �,..::_�.. -. _. _:..._ter__.—_y - -_.'-' .. sem...,.... _ _ •' _—, CITY OF KENAI NOTES TO FINANCIAL STATEMENTS i (Continued) June 30, 1974 6. Grant Receivable - Exhibit E-1 Certain water and sewer capital projects are eligible for grants from the State Department of Environmental Conservation. The amount applied for has been deferred in full pending the determination of eligibility. 7. Kenai Citv Light - Exhibits G-1 and G-3 A. Agreement for Operation and Eventual Sale of Svstem On August 10, 1971, the City of Kenai and Homer Electric Association, Inc. reached an agreement whereby the City sold certain assets of the electric system to Homer Electric Association, Inc. and granted the Association the right to operate the remainder of such system. The electric revenue bonds payable remain as an obligation of the City of Kenai. The Association deposits $8,000 monthly into a debt service escrow account which amount Is in excess of the average 1.4 times net revenue re- quirement of the various bond ordinances. Title to the electric system will pass to the' Association when the revenue bonds have been fully retired. At June 30, 1974 financial statements furnished by Homer Electric Associ- ation, Inc. indicate net profits from operations of this system for the year of $91,458 after depreciation of $51,980 and long-term interest of $75,451. B, Electric Revenue Bond Redemption and Sinking Funds Ordinances authorizing the.issuance of Electric Revenue Bonds created bond and interest redemption reserves and Sinking Fund reserves. At June 30, 1974, funds available In the Homer Electric and City of Kenai joint escrow ac- count was in excess of these requirements. 57 W L eq ��"' .amu _' Y_� /`_. .._� _ ..-•-. _ ___ .- ^- CITY OF KENAI NOTES TO FINANCIAL. STATEMENTS f (Continued) June 30, 1974 8. Snecial Assessments Receivable Exhibit H-1 Delinquent and deferred assessments receivable include the Federal Government and the State of Alaska as follows: 1964 1967 Total Federal $4,802 $ 32,490 $ 37,292 State 134.058 134.058 _U;802 8166.548 A17L350 In addition, the amount due from the City included in Receivables is $10.489 of 1964 assessments, $348,072 of 1967 assessments and $153,515 of 1973 assessments. 9. General fixed assets All fixed assets of the City of Kenai were appraised and classified by the General Appraisal Company of Seattle, Wash- ington as of June 30, 1972. The values assigned to fixed assets were original costs or estimates thereof. Investment from appraisal increase represents the excess of the above original costs and estimates of fixed assets over the previous recorded values. 5-.8 W ! CITY OF KENAI SCHEDULE OF GENERAL FIXED ASSETS - BY FUNCTIONS AND ACTIVITIES June 30, 1974 i _ Function and Activity Total Land Buildings City Manager $ 317,001 $ 224,500 $ 15,512 Finance 10,373 - - Police 43,586 - - Fire 362,801 - - Pubiic Safety 1,193,632 - 1,037,014 Public Works 12,114 - - Streets and Maintenance 1,316,252 - - Sanitation 2,750 - 2,750 " Health Center 17,900 - 14,315 Harbors 25,200 - - Fort Kenay 45,943 - 42,000 Municipal parks, recreation - and race track 234,069 60,000 12,298 Municipal shop and Central ,n equipment pool 95,272 - 32,056 FAA complex 97,327 - 92,926 Revenue 797 - - Airport (MFA Fund) 4,019,135 1,206,150 - Airport (Land Fund) 589,200 570,200 - I.." Water and Sewer 4,154,859 71500 - _ Total . General Fixed Assets Allocated to Functions 12,538,211 $2,068,35Q 1,248,871 - Construction Work in Progress 26� 0-79_6 " $ 12,799,007 See accompanying notes. 59 t' s _- s -a " 1 9. 4 I r ! , I, 0 IL -, II - .III I IIIA I! .. ,i _ I..- I...J_ u•+•----- ---'�•'r-.:sesC. �+yl II ,I.,. II: Y. .I 111 !1 II I I I I I, I I I 1 I .— --_ SCHEDULE 1 I, s � f I i I I I } 1 Improvements Machinery Water r Other than and and Sewer i ` Buildings Eauioment Vehicles Systems T _ 76,989 Z - - - 10,373 - - - 26,937 16,649 - - 157,161 205,640 - 18,200 138,418 - - �} - 7,269 4,845 - 1,183,817 850 131,585 25,200 - _ - 3,943 - 127,041 30,845 3,885 14,000 28,226 20,990 - 4,401 ;-. 797 - - 2,651,595 74,655 86,735 - =— 19,000 - 246,692 - - - - 3,900,667 4.038,853 811,,141 S 470,329 3 3,900,667 I 60 I; 6 r It 1 ' ` f It t •f IL CITY OF KENAI f M SCHEDULE OF GENERAL OBLIGATION BONDS AND INTEREST AMORTIZATION TO MATURITY • 4 • 1964 Issue 1967 Issue 1969 Issue Due FYE June 30 Bonds Interest Bonds Interest 8• onds Interest March 1 March 1 October 1' ' September 1 September 1 September 1 September 1 October 1 April 1. 1975 $10,000 $ 2,750 $ 30,000 $ 681090 $ 5,000 f 2.250 1976 10,000 2,250 30,000 66,290 51000 11950 1977 10,000 1,750 30,000 64,490 51000 11650 1978 10,000 1,250 35,000 62,540 5,000 1,350 - - 1979 10,000 750 35,000 60,440 51000 1,050 1980 10,000 250 3S,000 $6,340 5,000 750 1981 40,000 56,090 51000 450 1982 40,000 $3,690 51000 150 } 1983 40,000 $1,410 1984 45,000 49,115 ; 1985 45,000 46,685 1906 501000 44,120 1987 $0,000 41,420 t ' 1988 55,000 38,585 # 1989 551000 35,643 1990 60,000 32,595 p 1991 60,000 29,415 1992 65,000 26,102 i 1993 70,000 22,525 1994 . 70,000 18,815! " 1995 75,000' 14,973 ". 1996 801000 10.865 i 1997 80,000 6,625 85,000 2,252 r� Tont f 60.000 f 9,000. $1,260,000 f 961,115 $ 40,000 $ 9,600 r • . b W E 61 �.. f" 1 f 1 I - f YE: SCHEDULE 2 Memo Refunded Issues 1 Note 1 Bonds Interest 190,000 : 244,761 200,000 232,475 210,000 219,510 225,000 7 t 245,000 392,570 255,000 178,008 265,000 is 290,000 146,619 165,000 133,018 175,000 123,487 , 1851000 '113,215 200,000 IS 210,000 90,070 230,000 77,030 235,000 62,756 250,000 47,934 235,000 32,162 245,000 17,657 85,000 2,497 3 1974 Issue Total lRefunding) -' Bonds Interest July 1, July 1, l January 1 January 1 200,000 $164A32 $ 482,922 "185,000 210,518 $11,008 200,000 199,930 512,820 .., 215,000 188,930 519,070 2301000 176,830 $19,070 -� 240,000 164,180 5131520 _._ 250,000 150,842 502,382 r -t 220,000 136,680 455,520 175,000 126,465 392,875 185,000 117,278 396,393 100,000 1071385 389,070 r� 205,000 97,110 396,230 215,000 85,930 392,350 225,000 74,020 392,605• ' 245,000 61,195 396,838 , 250,000 47,290 3891885 250,000 32,560 371,975 245,000 18,260 354,362 125,000 3,687 221,212 88,615 89,973 ` 90,865 r 86,625 87.252 $4,050,000 52,163,922 10,553,637 ISI � • I i. J i _ d 1 - ' SCHEDULE 2 Memo Refunded Issues 1 Note 1 Bonds Interest 190,000 : 244,761 200,000 232,475 210,000 219,510 225,000 206,420 245,000 392,570 255,000 178,008 265,000 162,870 290,000 146,619 165,000 133,018 175,000 123,487 , 1851000 '113,215 200,000 102,307 210,000 90,070 230,000 77,030 235,000 62,756 250,000 47,934 235,000 32,162 245,000 17,657 85,000 2,497 $4,095,000 $2,385,394 62 _ Due FYE , � June 30 1975 1976 1977 j 1978 j 1979 1980 1981 1902 1983 1984 1985 -. 1986 1987 1988 1989 1990 1991 1992 CITY OF KENAI SCHEDULE OF ELECTRIC REVENUE BONDS AND INTEREST AMORTIZATION TO MATURITY ' 1963 Issue 1967 Issue Bonds Pr�emlum Interest Bonds Interest R October 1, October 1, �; 1 October 1, October 1 April. 1, October 1, April 1, i 12,000 240 $19,S00 $ : 71257 13,000 195 18,875 - 7,2571. i 13,000 130 18,225 - 7,267 14,000 70 17,550 11,000 61933 15,000 16,825 11,000 6,284 16,000 16,050 12,000 51605 16,000 15,250 13,000 41868 17,000 14,425 14,000 4,071 j 18,000 13,550 14,000 2,245 19,000 12,62$ 15,600 21390. 20,000 11,650 16,000 1,475 21,000 10,625 17,000 $02 22,000 91550 23,000 8,425 24,000 7,250 25,000 6,025 26,000 4,750 27,000 3,425 28,000 2,OS0 27.000 675 $396,000 ; 635 $227,300 $123,000 $ 5'!,144 . f ' 1 r� i • isJ L 1 63 t, • �I• I I i I II�� I � ,i � II � 4� SCHEDULE 3 1 1 _k 1969 Issue 1972 Issue Total ' Bonds Interest Bonds Interest ovember 1, October 1, November 1, Mav i, October 1, April 1, ' T $ 5,000 (•1,350 $ 20,628 f 65,972 51000 1,050- .• 20,625 661002 51000 750 20,625 64,987 51080 450 - 20,625 75,628 8,600 150 20,625 74,884 20,625 70,260 20,625 69,743 20,625 70,121 20,625 69,420 20,625 69,640 20,625 69,750 ' 20,625 69,752 25,000 19,688 76,238 90,000 17,625 79,050 801000 15,375 76,625 301000 13,125 74,1$0 30,000 10,688 76,438 40,000 71875 78,300 40,000 4,875 74,925 ILI 45,000 11688 74,363 < . tAi00 UJXf 278„000 f33�4�9 f1,446,268 64 t SCHEDULE 4 CITY OF KENAI SCHEDULE OF AIRPORT TERMINAL REVENUE BONDS AND INTEREST AMORTIZATION TO MATURITY i l.' Due 1965 Issue Total i ,.., FYE Interest June 30 Bonds December 1 December 1 June 1 r, i 1975 $ 10,000 $ 14,438 $ 24,438 1976 10,000 14,063 24,063 t 1977 15,000 13,594 28,594 - 1978 15,000 13,031 28,031 1979 15,000 12,469 27,469 1980 151000 11,906 26,906 . 1981 15,000 11,344 26,344 1982 15,000 10,781 25,781 1983 .15,000 10,219 25,219 1984 15,000 9,656 24,656 " 1985 15,000 9,094 24,094 ILI 1986 151000 8,531 23,531 1987 20,000 7,875 27,875 c� 1988 20,000 7,125 27,125 1989 20,000 6,375 26,375 1990 20,000 5,625 25,625 1991 20,000 4,675 24,875 !r 1992 20,000 4,125 24,125 1993 25,000 3,281 28,281 _ 1994 25,000 2,344 27,344 1995 25,000 1,406 26,406 1996 25,000 469 25,469 :- Total $390,000 $182,626 $572,626 ..� 615 t