Loading...
HomeMy WebLinkAboutORDINANCE 1830-1999Substitute Suggested by: Administration City of Kenai ORDINANCE N0. 1830-99 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING ESTIMATED REVENUES AND APPROPRIATIONS BY X724,467 IN THE '98 WATER SYSTEM IMPROVEMENTS CAPITAL PROJECT FUND. WHEREAS, Ordinances 1782-98 and 1805-98 appropriated a total of X745,650 for improvements to well houses, pump house, control s stems and other water Y system improvements; and WHEREAS, the total project is estimated to cost ~ 1,470,117; and WHEREAS, the City received Municipal Matching Grants in 1997 and 1998 for water system improvements; and WHEREAS, Ordinance 1806-98 appropriated ADEC grant #47547 in the Wellhouse 4 Capital Project Fund; and WHEREAS, ADEC has authorized the use of a portion of grant #47547 for this project instead of the Wellhouse 4 project; and WHEREAS, it is in the best interest of the City of Kenai to use these grants and the required 30% match for improvements to well houses, pump house, control systems and other water system improvements; and WHEREAS, the ~ 127,340 match is available in the Fund Balance of the Water and Sewer Special Revenue Fund; and NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that estimated revenues and appropriations be increased as follows: Water and Sewer Special Revenue Fund Increase Estimated Revenues: Appropriation of Fund Balance 127 340 Increase Appropriations: Water -Transfer to Capital Project Fund 127 340 Ordinance No. 1830-99 Page Two '98 Water System Improvement Capital Project Fund Increase Estimated Revenues: Transfer from Water ~ Sewer Special Revenue Fund ~ 127,340 Municipal Matching Grant 97 / 587 149, 947 Municipal Matching Grant 98/587 147,180 '99 ADEC Grant #47547 300,000 724 467 Increase Appropriations: Construction 724 467 Wellhouse 4 Capital Project Fund Decrease Estimated Revenues: ADEC Grant #47547 300 000 Decrease Appropriations: Construction 300 000 PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 16th day of June, 1999. ATTEST: r Carol L. Freas, City Clerk Introduced: June 2, 1999 Adopted: June 16, 1999 Effective: June 16, 1999 Approved by Finance:_ (5/27/99) kl