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HomeMy WebLinkAboutORDINANCE 1792-1998Suggested by: Administration City of Kenai ORDINANCE N0. 1792-98 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA APPROPRIATING ~ 15,000 FOR GAS LINE EXTENSION TO BLOCKS ONE AND TWO OF FIVE IRONS HEIGHTS SUBDIVISION. WHEREAS, the City is selling Lots 1-6, Block 1 and Lots 1-7, Block 2 of Five Irons Heights Subdivision; and WHEREAS, the value of the property would be enhanced if natural gas was available; and WHEREAS, funds are available in the General Fund fund balance; and WHEREAS, the City will recoup the cost of the gas line extension as hookups are made. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA: Section 1: that estimated revenues and appropriations be increased as follows: General Fund Increase Estimated Revenues: Appropriation of Fund Balance ~ 15,000 Increase Appropriations: Land Administration -Improvements ~ 15,000 Section 2: that the City Manager is authorized to contract with Enstar for extension of the gas line. Ordinance No. 1792-98 Page Two PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 5~ day of August, 1998. ATTEST: Carol L. Freas, City Clerk Approved by Finance: (7/29/98) kl Introduced: August 5, 1998 Adopted: August 5, 1998 Effective: August 5, 1998