Loading...
HomeMy WebLinkAboutORDINANCE 1820-1999Suggested by: Administration City of Kenai ORDINANCE N0. 1820-99 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING ESTIMATED REVENUES AND APPROPRIATIONS BY ~ 114,000 FOR THE SOUTH SPRUCE STREEfi PARKING PROJECT. WHEREAS, it is in the best interest of the City of Kenai to expand the recreational parking area at the end of South Spruce Street; and WHEREAS, the project will facilitate the future expansion of the Sewer Treatment Plant; and WHEREAS, funds are available in the General Fund fund balance and the Water and Sewer Special Revenue Fund fund balance; and WHEREAS, the expenditures for the project will be accounted for in a new capital project fund titled South Spruce Street Parking Capital Project 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 ~ s~,ooo Increase Appropriations: Transfer to Capital Project Fund ~ 57,000 Water and Sewer Special Revenue Fund Increase Estimated Revenues: Appropriation of Fund Balance ~ 57, 000 Increase Appropriations: Transfer to Capital Project Fund ~ 57,000 Ordinance No. 1820-99 Page Two South Spruce Street Parking_Capital Protect Fund Increase Estimated Revenues: Transfer from General Fund ~ 57,000 Transfer from Water and Sewer Special Revenue Fund 57,000 ~ 114,000 Increase Appropriations: Administration ~ 1,000 Engineering 4,000 Construction 99,000 Contingency 10,000 $114,000 PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 21st day of April, 1999. ~~ ATTEST: Carol L. Freas, City Clerk Approved by Finance: (3/29/ 1999) kl Introduced: Adopted: Effective: Apri17, 1999 April 21, 1999 Apri121, 1999