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HomeMy WebLinkAboutORDINANCE 1909-2001Suggested by: Administration City of Kenai ORDINANCE N0. 1909-2001 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING ESTIMATED REVENUES AND APPROPRIATIONS BY X50,000 IN THE WATER AND SEWER FUND AND THE GILL STREET CROSSING CAPITAL PROJECT FUND FOR A NEW WATER MAIN. WHEREAS, there is only one water main serving all of Redoubt Terrace Subdivision; and WHEREAS, the City's previous "Water System Study" recommended a new water main into Redoubt Terrace Subdivision at Gill Street; and WHEREAS, the State of Alaska DOT will be rebuilding the Kenai Spur Highway at Gill Street this summer; and WHEREAS, it is in the best interest of the City to install a water main across the Kenai Spur Highway at Gill Street before DOT repaves the Kenai Spur. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA that estimated revenues and appropriations be increased as follows: Water and Sewer Special Revenue Fund Increase Estimated Revenues: Appropriation of Fund Balance 50 000 Increase Appropriations: Transfer to Capital Projects 50 000 Gill Street Crossing Capital Project Fund Increase Estimated Revenues: Transfer from Special Revenue Fund 50 000 Increase Appropriations: Admin. ~ 1,000 Engineering 5,000 Construction 44.000 50 00 PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 16~,day of May, 2001. ATTEST: Carol L. Freas, City Clerk Approved by Finance: (04/26/2001) jl Introduced: May 2, 2001 Adopted: May 16, 2001 Effective: May 16, 2001