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HomeMy WebLinkAboutORDINANCE 1841-1999SUBSTITUTE Suggested by: Administration City of Kenai ORDINANCE N0. 1841-99 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING ESTIMATED REVENUES AND APPROPRIATIONS BY ~ 140,000 IN THE FOREST/REDOUBT W & S CROSSINGS CAPITAL PROJECT FUND, WHEREAS, the State of Alaska is upgrading Forest Drive and Redoubt Avenue; and WHEREAS, water and sewer main line crossings are much less expensive if installed during the project; and WHEREAS, water and sewer main line crossings installed after this project would require cutting and patching the new asphalt, which is undesirable; and WHEREAS, funds are available in the fund balance of the Water and Sewer System Special Revenue Fund. 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 System Special Revenue Fund Increase Estimated Revenues: ,Appropriation of Fund Balance ~ 140,000 Increase Appropriations: Transfer to Capital Project Fund ~ 140,000 Forest / Redoubt W 8~ S Crossings Capital Project Fund Increase Estimated Revenues: Transfer from Water and Sewer System Special Revenue Fund ~ 140,000 Increase Appropriations: Construction ~ 140,000 Ordinance No. 1841-99 Page Two PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 15th day of September, 1999. Introduced: September 1, 1999 Adopted: September 15, 1999 Effective: September 15, 1999 Approved by Finance: (8/25/99) kl Carol L. Freas, City Clerk