HomeMy WebLinkAboutORDINANCE 1901-2001SUBSTITUTE
Suggested by: Administration
City of Kenai
ORDINANCE N0. 1901-2001
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING
ESTIMATED REVENUES AND APPROPRIATIONS BY X4,130,973.70 IN THE ARFF/SRE
CAPITAL PROJECT FUND.
WHEREAS, past appropriations to this project total ~ 1,004,072.30; and
WHEREAS, the site work portion of the project is complete and the City now desires to
construct the building and associated work; and
WHEREAS, the total project cost is estimated to be X4,935,046; and
WHEREAS, appropriating a contingency of X200,000, initially funded by the Airport
Land System Special Revenue Fund, is appropriate for this project; and
WHEREAS, the FAA has indicated they will participate with 93.75% of the funding as
follows:
2000 Entitlement 8/ 1 / 2000 ~ 671,853.00
Discretionary 3/2001 1,900,000.00
2001 Entitlement 3/2001 1,333,956.00
2002 Entitlement (when available after 10/2001) 720,796.00
X4,626,605.00
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA that estimated revenues and appropriations be increased as follows:
Airport Land System Fund
Increase Estimated Revenues:
Appropriation of Fund Balance 176 201.70
Increase Appropriations:
Land-Transfer to Capital Project 176,201.70
ARFF/SRE Capital Project Fund
Increase Estimated Revenues:
Federal Grant X3,954,772.00
Transfer from Airport Land System 176,201.70
4 130 973.70
Increase Appropriations:
Administration ~ 184, 018.00
Engineering 295,549.00
Construction 3,651,406.70
X4,130,973.70
~` Ordinance No. 1901-2001
~ Page 'l~vo
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this fourth day of April,
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ATTEST:
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Carol L. Freas, City Clerk
Introduced: March 7, 2001
Adopted: Apri14, 2001
Effective: April 4, 2001
Approved by Finance: