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HomeMy WebLinkAboutORDINANCE 1930-2001Suggested by: Administration City of Kenai ORDINANCE N0. 1930-2001 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING ESTIMATED REVENUES AND APPROPRIATIONS BY ~ 183,000 IN THE BRIDGE ACCESS/FRONTAGE WATER MAIN CAPITAL PROJECT FUND, WHEREAS, Ordinance 1920-2001 appropriated X21,000 for design of a water main project on Bridge Access and Frontage Roads; and WHEREAS, the construction phase of the project is expected to cost X183,000; and WHEREAS, the cost is shared between the General Fund and the Airport Land System Special Revenue Fund; and WHEREAS, monies are available in Fund Balance in each of these funds to finance the project. 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 87 000 Increase Appropriations: Transfer to Capital Project Fund 87 000 Airport Land System Special Revenue Fund Increase Estimated Revenues: Appropriation of Fund Balance 96 000 Increase Appropriations: Transfer to Capital Project Fund 96 000 Brid e Access / Frontage Water Main Capital Proi ect Fund Increase Estimated Revenues: Transfer from General Fund ~ 87,000 Transfer from Special Revenue Fund 96,000 183 000 Increase Appropriations: Engineering ~ 21,000 Construction 162,000 183 000 Ordinance 1930-2001 Page 2 PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 5th day of September, 2001. '~ ATTEST: Carol L. Freas, City Clerk Approved by Finance: (08/ 10/2001) jl Introduced: August 15, 2001 Adopted: September 5, 2001 Effective: September 5, 2001