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HomeMy WebLinkAboutORDINANCE 1855-2000Suggested by: Administration City of Kenai ORDINANCE N0. 1855-2000 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING ESTIMATED REVENUES AND APPROPRIATIONS BY X90,000 IN THE GENERAL FUND AND FAA HQ SITE CLEANUP CAPITAL PROJECT FUND FOR ENVIRONMENTAL SITE ASSESSMENT AND UNDERGROUND STORAGE TANK CLOSURE. WHEREAS, the City desires to develop the property known as Daubenspeck Property Tract C and Spur Subdivision Senior Citizen Addition Unsubdivided Remainder (also known as the FAA Headquarters Site); and WHEREAS, prior to development, the City must conduct an environmental assessment, remove an underground storage tank and quonset huts; and WHEREAS, funds for the project are available in the General Fund fund balance; and WHEREAS, this work is expected to cost X90,000; and WHEREAS, after the work is completed, the Airport Special Revenue Fund will reimburse the General Fund for the costs of this work attributable to Airport owned land; and WHEREAS, the City will seek recovery of these funds from the FAA. 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 X90,000 Increase Appropriations: Non Departmental -Transfers X90,000 FAA HQ Site Cleanup Capit~j ect Fund Increase Estimated Revenues: Transfer from General Fund X90,000 Increase Appropriations: Professional Services X90,000 Ordinance No. 1855-2000 Page Two PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 19th day of April, 2000. ~ ATTEST: Carol L. Freas, City Clerk Introduced: Apri15, 2000 Adopted: April 19, 2000 Effective: April 19, 2000 Approved by Finance: (3/29/2000) kl