HomeMy WebLinkAboutORDINANCE 1834-1999Suggested by: Administration
City of Kenai
ORDINANCE N0. 1834-99
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA
INCREASING ESTIMATED REVENUES AND APPROPRIATIONS BY X214,159
FOR STREET IMPROVEMENT GRANTS.
WHEREAS, the State of Alaska has offered a matching grant for street
improvements in the amount of ~ 149,911; and
WHEREAS, the City accepted the grant with its conditions and agreed to
provide a 30% match in the amount of X64,248 from General Fund Fund
Balance; and
WHEREAS, the money will be used for future street improvement projects,
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 64 248
Increase Appropriations:
Non-Departmental -Transfer to
Capital Project Fund ~ 64,248
Street Improvement Capital Project Fund
Increase Estimated Revenues:
Transfer from General Fund ~ 64,248
State Grant 149,911
214 159
Increase Appropriations:
Construction 214 159
Ordinance No. 1834-99
Page ~vo
Approved by Finance:
(7/8/99) kl
Introduced: July 21, 1999
Adopted: August 4, 1999
Effective: August 4, 1999
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 4th day of
August. 1999.