HomeMy WebLinkAboutORDINANCE 1914-2001SUBSTITUTE
Suggested by: Administration
City of Kenai
ORDINANCE N0. 1914-2001
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING
ESTIMATED REVENUES AND APPROPRIATIONS BY ~ 1,745,000 IN THE GENERAL
FUND FOR TRANSFER TO THE MULTIPURPOSE FACILITY CAPITAL PROJECT FUND
AND THE SKATEBOARD PARK CAPITAL PROJECT FUND.
WHEREAS, it is in the best interest of the City of Kenai to provide for refrigerated ice at
the Multipurpose Facility and make other improvements including restrooms and
paving; and
WHEREAS, these improvements are expected to cost ~ 1,310,000; and
WHEREAS, it is in the best interest of the City of Kenai to exercise its option to
purchase the Maintenance Operation Agreement for the Kenai Multipurpose Facility
from Phase I LLC under the terms specified in the agreement; and
WHEREAS, the purchase of the agreement is expected to cost X400,000; and
WHEREAS, it is in the best interest of the City of Kenai to construct a skateboard park;
and
WHEREAS, the project is expected to cost X35,000 and will be accounted for in the
Skateboard Park Capital Project Fund; and
WHEREAS, funds are available in the fund balance of the General Fund.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA that estimated revenues and appropriations be increased as follows:
General Fund
Increase Estimated Revenues:
Appropriation of Fund Balance 1 745 000
Increase Appropriations:
Non-departmental -Miscellaneous ~ 400,000
Non-departmental -Transfer to Capital Project Fund 1,345,000
1 745 000
Multipurpose Facility Capital Project Fund
Increase Estimated Revenues:
Transfer from General Fund 1 310 000
Increase Appropriations:
Engineering ~ 60,000
Construction 1,250,000
1 310 000
Skateboard Park Capital Project Fund
Increase Estimated Revenues:
Transfer from General Fund X35 000
Increase Appropriations:
Admin. ~ 1,000
Construction 34,000
35 000
Ordinance No. 1914-2001
Page 'Iwo
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 20~ day of June,
2001.
ATTEST:
a
Carol L. Freas, City Clerk
Approved by Finance:
{06/ 15/2001) jl
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OHN ILLIAMS, MAYOR
Introduced: June 6, 2001
Adopted: June 20, 2001
Effective: June 20, 2001