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HomeMy WebLinkAboutORDINANCE 1822-1999Suggested by: Administration City of Kenai ORDINANCE N0. 1822-99 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING ESTIMATED REVENUES AND APPROPRIATIONS BY X344,970 FOR THE PURCHASE OF A MULTIPURPOSE AIRPORT BROOM. WHEREAS, the Kenai Municipal Airport is in need of a Multipurpose Broom for runway maintenance; and WHEREAS, the FAA has awarded a grant in the amount of X267,816 for this equipment; and WHEREAS, the State of Alaska is expected to participate with a grant of X8,927; and WHEREAS, the remaining X68,227 is available in the Airport Land System Special Revenue Fund fund balance; and WHEREAS, a new capital project fund titled Airport Multipurpose Broom will be created to account for this purchase; and WHEREAS, award of this project is contingent upon State and FAA approval. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that estimated revenues and appropriations be increased as follows: Airport Land System Special Revenue Fund Increase Estimated Revenues: Appropriation of Fund Balance X68,227 Increase Appropriations: Transfer to Capital Project Fund X68,227 Ordinance No. 1822-99 Page Two Airport Multipurpose .Broom Capital Proiect Fund Increase Estimated Revenues; Federal Grant X267,816 State Grant g~927 Transfer from Airport Land System 68,227 344 970 PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 21St day of April, 1999. Increase Appropriations: Administration ~ 1,996 Equipment 342,974 344 970 Introduced: Adopted; Effective: Approved by Finance: (3/30/99) kl April 7, 1999 Apri121, 1999 Apri121, 1999 l;arol L, areas, t;ity clerk