HomeMy WebLinkAboutORDINANCE 1975-2002Suggested by: Administration..
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City of Kenai
ORDINANCE N0. 19?5-2002
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING
ESTIMATED REVENUES AND APPROPRIATIONS BY X955,000 FOR AIRPORT GRANTS.
WHEREAS, where as the FAA has offered grants for:
Equipment X215,625
Security Improvements X328,125
Environmental Feasibility for Runway extension X351,562
and,
WHEREAS, the State of Alaska is providing matching grants of X29,844; and,
WHEREAS, it is in the best interest of the City of Kenai to accept these grants and abide
by the grant conditions; and,
WHEREAS, the required local match of 3.125% is X29,844, which is available in the
fund balance of the Airport Land System Special Revenue Fund.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA that estimated revenues and appropriations be increased as follows:
2002 Airport SRE Capital Project Fund
Increase Estimated Revenues:
FAA Grant
State Grant
Transfer from Airport Fund
Increase Appropriations:
Equipment
Airport Security Improvements Capitol Project Fund
Increase Estimated Revenues:
FAA Grant
State Grant
Transfer from Airport Fund
Increase Appropriations:
Administration
Engineering
Construction
~ 215,625
7,187
7,188
230 000
$ 230,000
~ 328,125
10,938
10,937
350 000
~ 5,250
22, 500
322,250
350 000
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Ordinance No. 1972002
Page Two
Airport Environmental Assessment Capital Project Fund
Increase Estimated Revenue;
FAA Grant ~ 351,562
State Grant 11, 719
Transfer from Airport Fund 11, 719
375 000
Increase Appropriations:
Administration ~ 5,625
Engineering 369,375
.375,000
Airport Land System Special Revenue Fund
Increase Estimated Revenue:
Appropriations of Fund Balance 29 844
Increase Appropriations:
Transfer to Capital Projects Funds 29 844
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 2nd day of October,
2002.
ATTEST:
Carol L. Freas, City Clerk
Approved by Finance:
(09/ 13/2002) hl
Introduced: September 18, 2002
Adopted: October 2, 2002
Effective: October 2, 2002