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Home My WebLink About2018-11-07 Council Packet KENAI CITY COUNCIL - REGULAR MEETING NOVEMBER 07, 2018 - 6:00 PM KENAI CITY COUNCIL CHAMBERS 210 FIDALGO AVE., KENAI, AK 99611 http://www.kenai.city A.CALL TO ORDER PLEDGE OF ALLEGIANCE ROLL CALL AGENDA APPROVAL ELECTION OF VICE MAYOR ADMINISTER OATH OF OFFICE - STUDENT REPRESENTATIVE CONSENT AGENDA (Public comment limited to three (3) minutes per speaker; thirty (30) minutes aggregated) *All items listed with an asterisk (*) are considered to be routine and non-controversial by the council and will be approved by one motion. There will be no separate discussion of these items unless a council member so requests, in which case the item will be removed from the consent agenda and considered in its normal sequence on the agenda as part of the General Orders. B.SCHEDULED PUBLIC COMMENTS (Public comment limited to ten (10) minutes per speaker) C.UNSCHEDULED PUBLIC COMMENTS (Public comment limited to three (3) minutes per speaker; thirty (30) minutes aggregated) D.PUBLIC HEARINGS D.1.Ordinance No. 3045-2018 – Accepting and Appropriating a Grant from the U.S. Department of Homeland Security Passed through the State of Alaska Department of Military and Veterans’ Affairs for the Purchase of Portable Police and Fire Department Radios and For the Purchase and Installation of Video Surveillance Cameras tor the City’s Public Safety Building. (Administration) Ordinance No. 3045-2018.pdf D.2.Resolution No. 2018-60 – Declaring a Thirty-Three Foot (33’) Wide Section Line Easement Along the Southern Boundary of Lot 2, Waterfront Estates, Not Needed for a Public Purpose and Consenting to the Vacation of the Section Line Easement as Set Forth in the Attached Exhibit “A”. (Administration) Resolution No. 2018-60.pdf E.MINUTES E.1.*Regular Meeting of October 17, 2018 10-17-18 Council Minutes - DRAFT.pdf 1 Kenai City Council Meeting Page 2 November 07, 2018 F.UNFINISHED BUSINESS G.NEW BUSINESS G.1.*Action/Approval – Bills to be Ratified. Payments over $15,000.pdf G.2.*Action/Approval – Purchase Orders Over $15,000 Purchase Orders over $15,000.pdf G.3.Action/Approval – Mayoral Nominations of Council Liaisons for Appointment to Committees and Commissions. Liaison Nominations Memo.pdf H.COMMISSION/COMMITTEE REPORTS H.1.Council on Aging H.2.Airport Commission 10-11-18 Airport Summary - DRAFT.pdf H.3.Harbor Commission • Sub-Committee Update 10-23-18 Sub-Committee Summary - DRAFT.pdf H.4.Parks and Recreation Commission H.5.Planning and Zoning Commission 10-10-18 P&Z Minutes - DRAFT.pdf 10-24-18 P&Z Minutes - DRAFT.pdf H.6.Beautification Committee H.7.Mini-Grant Steering Committee I.REPORT OF THE MAYOR J.ADMINISTRATION REPORTS J.1.City Manager Quarterly Financial Report.pdf Quarterly Investment Report.pdf J.2.City Attorney J.3.City Clerk 2 Kenai City Council Meeting Page 3 November 07, 2018 K.ADDITIONAL PUBLIC COMMENT K.1.Citizens Comments (Public comment limited to five (5) minutes per speaker) K.2.Council Comments L.EXECUTIVE SESSION M.PENDING ITEMS M.1.Action/Approval – Field of Flowers Signage (Council Member Knackstedt) [Clerk’s Note: This item was referred to the Beautification Committee and then the Airport Commission; a Motion to Construct a Sign as Outlined by the Airport Commission is on the Floor.] M.2.Ordinance No. 3044-2018 – Amending Kenai Municipal Code Section 3.05.070-Citation Procedure, Amending and Renaming Kenai Municipal Code Sections 13.10.015-Minor Offense Amendable to Disposition Without Court Appearance by Payment of a Fine, and 13.30.010-State Traffic Regulations Adopted, and Enacting a New Section of Kenai Municipal Code Section 13.30.015-State Traffic Bail Forfeiture Schedules Adopted by Reference, to Incorporate Additional Minor Offenses into Kenai City Code and Make Housekeeping Changes to Comply with Changes to State Law and Court Procedures Regarding Minor Offenses. (Legal) [Clerk’s Note: During the 10/17/18 Meeting, this Item was Postponed to the 12/5/18 Meeting; a Motion to Enact is On the Floor.] INFORMATION ITEMS Purchase Orders between $2,500 and $15,000 for Council Review Purchase Orders between $2,500 - $15,000.pdf PCHS Letter of Concern Regarding Inpatient Psychiatric Care in Alaska PCHS.pdf Kenai Historical Society Newsletter – October 2018 KHS Newsletter October 2018.pdf N.ADJOURNMENT The agenda and supporting documents are posted on the City’s website at www.kenai.city. Copies of resolutions and ordinances are available at the City Clerk’s Office or outside the Council Chamber prior to the meeting. For additional information, please contact the City Clerk’s Office at 907-283-8231. 3 _____________________________________________________________________________________ New Text Underlined; [DELETED TEXT BRACKETED] Sponsored by: Administration CITY OF KENAI ORDINANCE NO. 3045-2018 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, ACCEPTING AND APPROPRIATING A GRANT FROM THE U.S. DEPARTMENT OF HOMELAND SECURITY PASSED THROUGH THE STATE OF ALASKA DEPARTMENT OF MILITARY AND VETERANS’ AFFAIRS FOR THE PURCHASE OF PORTABLE POLICE AND FIRE DEPARTMENT RADIOS AND FOR THE PURCHASE AND INSTALLATION OF VIDEO SURVEILLANCE CAMERAS FOR THE CITY’S PUBLIC SAFETY BUILDING. WHEREAS, the City of Kenai received a notice from the State of Alaska Department of Military and Veterans’ Affairs that it was awarded $120,350 for grant projects under the 2018 State Homeland Security Program; and, WHEREAS, the projects that were awarded grant funding were a Public Safety Building Camera Project for $65,000 and the purchase of Police and Fire Portable radios for $55,350; and, WHEREAS, the public safety building is critical City infrastructure that houses the police department, fire department, emergency dispatch center, and the City’s data center and needs the added protections of a security camera system; and, WHEREAS, the portable public safety radios used by police and fire are reaching the end of their maintenance life, and this grant will replace approximately twenty percent of the portable radios; and, WHEREAS, the grant does not require a monetary match from the City. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, as follows: Section 1. That the City Manager is authorized to accept a grant from the U.S. Department of Homeland Security passed through the State of Alaska Department of Military and Veterans’ Affairs for the purchase of portable police and fire radios and for the purchase and installation of video surveillance cameras for the City’s Public Safety Building. Section 2. That the estimated revenues and appropriations be increased as follows: Public Safety Capital Project Fund: Increase Estimated Revenues – Federal Grants $120,350 Increase Appropriations – Machinery and Equipment $120,350 4 Ordinance No. 3045-2018 Page 2 of 2 _____________________________________________________________________________________ New Text Underlined; [DELETED TEXT BRACKETED] Section 3. That the City Manager is authorized to execute any required grant documents and expend the funds in accordance with grant provisions and conditions. Section 4. Severability: That if any part or provision of this ordinance or application thereof to any person or circumstances is adjudged invalid by any court of competent jurisdiction, such judgment shall be confined in its operation to the part, provision, or application directly involved in all controversy in which this judgment shall have been rendered, and shall not affect or impair the validity of the remainder of this title or application thereof to other persons or circumstances. The City Council hereby declares that it would have enacted the remainder of this ordinance even without such part, provision, or application. Section 5. Effective Date: That pursuant to KMC 1.15.070(f), this ordinance shall take effect upon adoption. ENACTED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 7th day of November, 2018. BRIAN GABRIEL SR., MAYOR ATTEST: ___________________________________ Jamie Heinz, CMC, City Clerk Introduced: October 17, 2018 Enacted: November 7, 2018 Effective: November 7, 2018 5 MEMORANDUM TO: Mayor Brian Gabriel and Kenai City Council THROUGH: Paul Ostrander, City Manager FROM: David Ross, Police Chief DATE: October 5, 2018 SUBJECT: Ordinance No. 3045-2018 - Ordinance accepting and appropriating a grant from the Department of Homeland Security ______________________________________________________________________ Grants were applied for by the police and fire departments, under the 2018 Homeland Security Program, and two of those grant requests were funded. The City received notice of award of a $65,000 grant for a security camera system to cover the public safety building that houses the police department, the fire department, the dispatch center, and the City’s data center. The City also received notice of award of a $55,350 grant to purchase replacement radios for the police and fire department. The portable radios currently in use are nearing the end of their maintenance life, and this grant will replace approximately twenty percent of the public safety portable radios. The grant does not require a monetary match by the City. I am respectfully requesting consideration of the ordinance accepting and appropriating those grant funds for the purpose they were intended. 6 _____________________________________________________________________________________ Sponsored by: Administration CITY OF KENAI RESOLUTION NO. 2018-60 A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, DECLARING A THIRTY-THREE FOOT (33’) WIDE SECTION LINE EASEMENT ALONG THE SOUTHERN BOUNDARY OF LOT 2, WATERFRONT ESTATES, NOT NEEDED FOR A PUBLIC PURPOSE AND CONSENTING TO THE VACATION OF THE SECTION LINE EASEMENT AS SET FORTH IN THE ATTACHED EXHIBIT “A”. WHEREAS, the section line easement listed below is no longer needed for a public purpose because Royal Street and Dunes Road have been developed to provide superior and safer access to the public beach; and, WHEREAS, Dragseth Subdivision 2016 Addition, Plat No. 2016-22, dedicated a 60 foot right-of way, expanding that portion of Royal Street to an 85 foot right-of-way to provide access from Old Cannery Road to the public beach; and, WHEREAS, Royal Street has been constructed and provides better access to the beach than the public access via the section line easement, with improvements including a turnaround area and during the dipnetting season portable bathrooms, waste removal, and fee shacks; and, WHEREAS, nearby Dunes Road also provides access to the public beach and includes a small parking lot; and, WHEREAS, the City of Kenai and the Kenai Peninsula Borough maintain roads on Royal Street and Dunes Road and do not maintain the road on the section line easement; and, WHEREAS, access to adjacent parcels would not be impacted by the vacation of the section line easement and the vacation would limit illegal trespassing on adjacent parcels; and, WHEREAS, on August 23, 2017, by Resolution PZ2017-28 the Planning and Zoning Commission of the City of Kenai recommended that the Kenai Peninsula Borough Planning Commission approve the Preliminary Plat of COOK INLET SHORES – 2017 ADDITION AND SECTION LINE EASEMENT VACATION; and, WHEREAS, on October 8, 2018, the Kenai Peninsula Borough Planning Commission met and approved the Preliminary Plat COOK INLET SHORES – 2017 ADDITION AND SECTION LINE EASEMENT VACATION, consistent with the recommendation of the Planning and Zoning Commission for the City of Kenai; and, WHEREAS, on October 22, 2018, the Kenai Peninsula Borough Plat Committee met and approved the Preliminary Plat COOK INLET SHORES – 2017 ADDITION AND SECTION LINE EASEMENT VACATION, consistent with the recommendation of the Planning and Zoning Commission for the City of Kenai; and, 7 Resolution No. 2018-60 Page 2 of 2 WHEREAS, the Council for the City of Kenai may declare an easement not needed for a public purpose by resolution, pursuant to Kenai Municipal Code Section 22.05.110(b) – Determination as to Need for Public Use states, “Whether land previously dedicated to a public use should be dedicated to a different public use or should no longer be needed for public use shall be determined by the City Council by ordinance, except in cases of vacation of rights-of-way or easements which may be determined by resolution, either of which shall contain the new public use for which the property is to be dedicated or the reason the land is no longer needed for public use, the legal description of the property, and the address or a general description of the property sufficient to provide the public with notice of its location”. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA: Section 1. That the thirty-three foot (33’) wide Section Line Easement, along the southern boundary of Lot Two (2), Waterfront Estates, within the City of Kenai is no longer needed for a public purpose and that the Council of the City of Kenai consents to the vacation. Section 2. That this resolution takes effect immediately upon passage. ADOPTED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 7th day of November, 2018. BRIAN GABRIEL SR., MAYOR ATTEST: ______________________________________ Jamie Heinz, CMC, City Clerk 8 Exhibit A9 MEMORANDUM TO: Mayor Brian Gabriel and Kenai City Council THROUGH: Paul Ostrander, City Manager FROM: Elizabeth Appleby, City Planner DATE: November 7, 2018 SUBJECT: Resolution 2018-60 – Consenting to the Vacation of a Section Line Easement The preliminary plat of Cook Inlet Shore – 2017 Addition and Section Line Easement Vacation vacates a thirty-three foot (33’) section line easement lying between Sections Seven (7) and Eighteen (18), Township Five (5) North, Range Eleven (11) West. The section line easement is located along the southern boundary of the property described as Lot Two (2), Waterfront Estates. The total width of the section line easement vacation is sixty-six feet, with the northern 33 feet being within the City of Kenai and the southern 33 feet being within the Kalifornsky area of the Kenai Peninsula Borough. Vacation of the section line easement would remove public access to the beach by continuing straight on Old Cannery Road. Access to the public beach via the section line easement continuing on Old Cannery Road is problematic because vehicles often get stuck and require assistance to be removed and it causes trespass issues with adjacent privately-owned parcels. The road within the section line easement is not maintained by the City of Kenai or the Kenai Peninsula Borough. Royal Street and Dunes Road provide superior access to the public beach. Royal Street is approximately 400 feet to the north of the section line easement and contains a turnaround, flat access with gravel to the beach, and is without visual obstructions. The Royal Street right-of-way expands from 60 feet to 85 feet just before reaching the public beach. During dipnetting season, there are portable bathrooms, waste removal, and fee shacks at the Royal Street beach access. Dunes Road is approximately 1,300 feet south of the section line easement proposed to be vacated and has a small parking lot. The City of Kenai maintains Old Cannery Road and the portion of Royal Street that heads north to the public beach. The Kenai Peninsula Borough maintains Dunes Road. Access to parcels adjacent to the vacated section line easement would not be impacted. 10 Page 2 of 2 Resolution 2018-60 The preliminary plat was submitted to the City of Kenai in August 2017 by Integrity Surveys, Incorporated. It was approved by the City of Kenai Planning & Zoning Commission on August 23, 2017 with Resolution PZ17-28. On October 8, 2018, the Kenai Peninsula Borough Planning Commission approved the plat and on October 22, 2018 the Kenai Peninsula Borough Plat Committee approved the plat. The approvals were made with an exception to the block length requirement. The two blocks affected by the platting action are both longer than allowed, but the Borough agreed to the exception request for longer block lengths. In addition, the Borough stated a condition of approval would be to grant utility easements as requested by utility providers, including a request for an easement centered on their existing facilities from Alaska Communications (ACS). The section line easement vacation must also be approved by the State of Alaska Department of Natural Resources. The State has expressed verbal support, but not yet issued a written preliminary finding. The State assigned EV-3-278 to this section line easement vacation plat. The Borough normally limits vacation approval to one year from the request, but grants a four-year approval time period for any plat requiring approval from the State of Alaska. Attached to this memorandum are the following documents: • Map with 2014 imagery prior to Royal Street construction/improvements • Map with 2016 imagery after Royal Street construction/improvements • City of Kenai Planning and Zoning Commission Resolution PZ2017-28 • City of Kenai preliminary plat submittal form Thank you for your consideration. 11 DRAGSETHSUBDIVISIONKENAI SPIT NO. 2 WATERFRONT ESTATES NO. 25A 6A TR. A 123 4 2 1 1206 1204 1202 12071205 210111002280 232122901206 1204 1202 12071205 1201 11002280 232122901201 BOWPICKER LNDRAGNET CT ROYAL STOLD CANNERY RD 1206 1204 1202 12071205 210111002280 232122901206 1204 1202 12071205 1201 11002280 232122901201 . 250 ' Date: 8/18/2017 The information depicted hereon is for graphic representationonly of the best available sources. The City of Kenai assumes no responsibility for errors on this map. 1 inch equals 250 feet Lot 2, WATERFRONT ESTATES (2014 Imagery - prior to Royal Street improvements/ construction) 12 DRAGSETHSUBDIVISIONKENAI SPIT NO. 2 WATERFRONT ESTATES NO. 2 2 1 TR. A TR. A 210111002280 2321229011002270 23012290BOWPICKER LNDRAGNET CT ROYAL STOLD CANNERY RD 210111002280 2321229011002270 23012290 . 250 ' Date: 10/30/2018 The information depicted hereon is for graphic representationonly of the best available sources. The City of Kenai assumes no responsibility for errors on this map. 1 inch e quals 250 feet Lot 2, W ATERFRONT ESTATES (2016 Imagery - after Royal Street improvements/construction) 13 CITY OF KENAI PLANNING AND ZONING COMMISSION RESOLUTION NO. PZ17-28 the ry ( SUBDIVISION PLAT KENA\ALASKA A RESOLUTION OF THE PLANNING AND ZONING COMMISSION OF THE CITY OF KENAI RECOMMENDING THAT THE ATTACHED SUBDIVISION PLAT BE APPROVED SUBJECT TO THE FOLLOWING CONDITIONS: WHEREAS, the attached plat of COOK INLET SHORES — 2017 ADDITION AND SECTION LINE EASEMENT VACATION was referred to the City of Kenai Planning and Zoning Commission on August 23, 2017, and received from Integrity Surveys, Inc.; and, WHEREAS, the City of Kenai Planning and Zoning Commission finds: 1. Plat area is zoned Rural Residential and therefore subject to said zone conditions. 2. Plat does not subdivide property within a public improvement district subject to special assessments. There is not a delinquency amount owed to the City of Kenai for the referenced property. 3. Installation agreement or construction of improvements is not required. 4. Status of surrounding land is shown. 5. Utility easements, if required, shall be shown. 6. Surveyor shall verify that no encroachments exist. If an encroachment exists; the plat does not create nor increase the encroachment. 7. Street names designated on the plat are correct. 8. CONDITIONS: a. Further development of the property shall conform to all Federal, State and local regulations. NOW, THEREFORE, BE IT RESOLVED, THAT THE PLANNING AND ZONING COMMISSION OF THE CITY OF KENAI RECOMMENDS THE KENAI PENINSULA BOROUGH PLANNING COMMISSION APPROVE COOK INLET SHORES — 2017 ADDITION AND SECTION LINE EASEMENT VACATION, SUBJECT TO THE CONDITIONS OF APPROVAL SET FORTH ABOVE. PASSED BY THE PLANNING AND ZONING COMMISSION OF THE CITY OF KENAI, ALASKA, this 23rd day of August, 2017. CHAIRPERSON: A Je T i/ " t, Chairperson 14 15 KENAI CITY COUNCIL – REGULAR MEETING OCTOBER 17, 2018 – 6:00 P.M. KENAI CITY COUNCIL CHAMBERS 210 FIDALGO AVE., KENAI, AK 99611 MAYOR BRIAN GABRIEL, PRESIDING MINUTES A. CALL TO ORDER A Regular Meeting of the Kenai City Council was held on October 17, 2018, in City Hall Council Chambers, Kenai, AK. Mayor Gabriel called the meeting to order at approximately 6:00 p.m. 1. Pledge of Allegiance Mayor Gabriel led those assembled in the Pledge of Allegiance. 2. Roll Call There were present: Brian Gabriel, Mayor Robert Molloy Henry Knackstedt Tim Navarre Jim Glendening Mike Boyle (absent) Glenese Pettey Robert Peterkin A quorum was present. Also in attendance were: Paul Ostrander, City Manager Scott Bloom, City Attorney (telephonic) Jamie Heinz, City Clerk 3. Certification of Election MOTION: Vice Mayor Navarre MOVED to certify the election results of October 2, 2018 as presented and requested UNANIMOUS CONSENT. Council Member Knackstedt SECONDED the motion. VOTE: There being no objection; SO ORDERED. 4. Administer Oath of Office Mayor Gabriel administered the Oath of Office to Council Members Molloy and Peterkin. 5. Agenda Approval 16 City of Kenai Council Meeting Page 2 of 12 October 17, 2018 Mayor Gabriel noted the following revisions to the agenda and additions to the packet: Remove item B.1. Bryr Harris Add to item D.9. Resolution No. 2018-58 • Harvest Data Add to item D.10. Resolution No. 2018-59 • Public Comments • 2007 Election Certification Remove item G.2. Purchase Orders over $15,000 MOTION: Council Member Molloy MOVED to approve the agenda with noted revisions and additions, to move items D.7. – D.9. to be considered first under public hearings, and requested UNANIMOUS CONSENT. Council Member Knackstedt SECONDED the motion. VOTE: There being no objections, SO ORDERED. 6. Consent Agenda MOTION: Council Member Knackstedt MOVED to approve the consent agenda and requested UNANIMOUS CONSENT. Council Member Molloy SECONDED the motion. Mayor Gabriel opened for public hearing; there being no one wishing to be heard, the public hearing was closed. VOTE: There being no objections, SO ORDERED. *All items listed with an asterisk (*) are considered to be routine and non-controversial by the council and will be approved by one motion. There will be no separate discussion of these items unless a council member so requests, in which case the item will be removed from the consent agenda and considered in its normal sequence on the agenda as part of the General Orders. B. SCHEDULED PUBLIC COMMENTS 1. Bryr Harris, Kenai Peninsula Borough River Center – Overview of Floodplain Zones and the National Flood Insurance Program (NFIP). [Clerk’s Note: This item was removed from the agenda during approval of the agenda.] C. UNSCHEDULED PUBLIC COMMENTS – None. D. PUBLIC HEARINGS 17 City of Kenai Council Meeting Page 3 of 12 October 17, 2018 [Clerk’s Note: Items D.7., D.8., and D.9., were moved to be considered first under Public Hearings during approval of the agenda.] 7. Resolution No. 2018-56 – Authorizing a Six-Month Extension of a Facility Management Agreement for the Kenai Visitor and Cultural Center with the Kenai Chamber of Commerce and Visitor Center. (December 30, 2018 – June 30, 2019). (Administration) MOTION: Vice Mayor Navare MOVED to adopt Resolution No. 2018-56 and requested UNANIMOUS CONSENT. Council Member Molloy SECONDED the motion. Mayor Gabriel opened the public hearing; there being no one wishing to be heard, public comment was closed. VOTE: There being no objection; SO ORDERED. 8. Resolution No. 2018-57 – Commending The Kenai Central High School Girls As The Alaska Division II State Cross Country Champions For The Year 2018. (Mayor Gabriel) MOTION: Vice Mayor Navarre MOVED to adopt Resolution No. 2018-57 and requested UNANIMOUS CONSENT. Council Member Molloy SECONDED the motion. Mayor Gabriel opened the public hearing; there being no one wishing to be heard, public comment was closed. VOTE: There being no objection; SO ORDERED. Certificates of Achievement were presented to the members of the team. 9. Resolution No. 2018-58 – Requesting that Governor Bill Walker Declare an Economic Disaster for the Upper Cook Inlet Fisheries Region and Supporting a Recovery Plan. (Council Members Molloy and Glendening and Vice Mayor Navarre) MOTION: Council Member Molloy MOVED to adopt Resolution No. 2018-58 and Council Member Glendening SECONDED the motion. Mayor Gabriel opened the public hearing. Dave Martin, President of United Cook Inlet Drift Association, noted Department of Fish & Game data showed that, since statehood, the Upper Cook Inlet fishery has been an economic benefit to the state; further noted the 2018 season fell on hard times with thousands of small businesses, from processors to truck drivers being affected. There being no one else wishing to be heard, public comment was closed. 18 City of Kenai Council Meeting Page 4 of 12 October 17, 2018 Clarification was provided that it was the role of the Kenai Peninsula Borough Mayor to request the Governor for the declaration, the declaration provided an opportunity to delay a payment on revolving loans, preventing defaults which assisted a newer generation of fisherman, and funded research, and action plans. Mayor Gabriel declared a conflict, that he was a commercial fisherman and could benefit if he were to apply for assistance after the declaration had been made. It was ruled that Mayor Gabriel had a conflict; the gavel was passed to Vice Mayor Navarre MOTION TO AMEND : Council Member Glendening MOVED to amend by adding a 4th whereas clause that stated, “the Commercial Salmon Season Summary for Upper Cook Inlet commercial salmon harvest by species, 1970 – 2017, with handwritten notes for 2018 define the economic plight and puts a number to the disaster resolution we are requesting; and,” and Council Member Knackstedt SECONDED the motion. UNANIMOUS CONSENT was requested. VOTE ON THE AMENDMENT: There being no objection; SO ORDERED. UNANIMOUS CONSENT was requested on the main motion. VOTE ON THE AMENDED MAIN MOTION: There being no objection; SO ORDERED. The gavel was passed back to Mayor Gabriel. 1. Ordinance No. 3041-2018 – Making Housekeeping Amendments to Kenai Municipal Code 16.05.160-Ordinance Levying Assessments, and 16.15.050- Establishment of Amount, After Substantive Changes Were Recently Made to Kenai Municipal Code Title 16- Public Improvement And Special Assessments. (Administration) MOTION: Council Member Knackstedt MOVED to enact Ordinance No. 3041-2018 and Vice Mayor Navarre SECONDED the motion. Mayor Gabriel opened the public hearing; there being no one wishing to be heard, public comment was closed. VOTE: YEA: Molloy, Gabriel, Peterkin, Pettey, Navarre, Glendening, Knackstedt NAY: MOTION PASSED UNANIMOUSLY. 2. Ordinance No. 3042-2018 – Amending Kenai Municipal Code Section 14.20.151- Application For Conditional Use Permit For Surface Extraction Of Natural Resources, And 14.20.154-Issuance Of Permit for Surface Extraction of Natural Resources, to Provide Consistency in the Application and Permitting Process. (Administration) MOTION: 19 City of Kenai Council Meeting Page 5 of 12 October 17, 2018 Council Member Knackstedt MOVED to enact Ordinance No. 3042-2018 and Council Member Molloy SECONDED the motion. Mayor Gabriel opened the public hearing; there being no one wishing to be heard, public comment was closed. MOTION TO AMEND: Vice Mayor Navarre MOVED to amend 14.20.151(a)(7)(B) by replacing the word, “or,” with the word, “and,” after “0.2% Annual Chance Flood Zone,” and requested UNANIMOUS CONSENT. Council Member Molloy SECONDED the motion. VOTE ON THE AMENDMENT: There being no objection; SO ORDERED. VOTE ON THE MAIN MOTION AS AMENDED: YEA: Molloy, Gabriel, Peterkin, Pettey, Navarre, Glendening, Knackstedt NAY: MOTION PASSED UNANIMOUSLY. 3. Ordinance No. 3043-2018 – Accepting and Appropriating a Donation from Hilcorp Energy Company to Assist with the Annual Kenai Senior Center Thanksgiving Dinner. (Administration) MOTION: Council Member Molloy MOVED to enact Ordinance No. 3043-2018 and Council Member Glendening SECONDED the motion. Mayor Gabriel opened the public hearing; there being no one wishing to be heard, public comment was closed. Hilcorp was thanked for the donation. VOTE: YEA: Molloy, Gabriel, Peterkin, Pettey, Navarre, Glendening, Knackstedt NAY: MOTION PASSED UNANIMOUSLY. 4. Ordinance No. 3044-2018 – Amending Kenai Municipal Code Section 3.05.070-Citation Procedure, Amending and Renaming Kenai Municipal Code Sections 13.10.015-Minor Offense Amendable to Disposition Without Court Appearance by Payment of a Fine, and 13.30.010-State Traffic Regulations Adopted, and Enacting a New Section of Kenai Municipal Code Section 13.30.015-State Traffic Bail Forfeiture Schedules Adopted by Reference, to Incorporate Additional Minor Offenses into Kenai City Code and Make Housekeeping Changes to Comply with Changes to State Law and Court Procedures Regarding Minor Offenses. (Legal) 20 City of Kenai Council Meeting Page 6 of 12 October 17, 2018 MOTION: Council Member Knackstedt MOVED to enact Ordinance No. 3044-2018 and Council Member Molloy SECONDED the motion. Mayor Gabriel opened the public hearing; there being no one wishing to be heard, public comment was closed. The City Attorney provided a brief summary noting the ordinance incorporated all of the state traffic laws into City code, which would allow the attorney to represent the officer in court, and any fines associated would be routed to the City instead of the state. It was suggested the fine amount for property destruction was too low. MOTION TO AMEND: Council Member Knackstedt MOVED to amend the fine amount for number 6 under off-road vehicle operation from $100 to $300 and Council Member Pettey SECONDED the motion. There was discussion regarding the fine amount and civil action as an option for restitution. The Attorney clarified that amending the fee amounts had not been publicly noticed and if desired, the amounts should be addressed separately. VOTE ON THE AMENDMENT: YEA: Pettey, Glendening, Knackstedt NAY: Gabriel, Peterkin, Molloy, Navarre MOTION FAILED. MOTION TO POSTPONE: Vice Mayor Navarre MOVED to postpone to the 12/5/18 Council Meeting and Council Member Glendening SECONDED the motion. UNANIMOUS CONSENT was requested. VOTE: There being no objections; SO ORDERED. 5. Resolution No. 2018-54 – Amending its Comprehensive Schedule of Rates, Charges, and Fees to Incorporate Changes to Fees for Cemetery Gazebo Markers and Memorial Park Markers. (City Clerk) MOTION: Council Member Knackstedt MOVED to adopt Resolution No. 2018-54 and requested UNANIMOUS CONSENT. Council Member Molloy SECONDED the motion. Mayor Gabriel opened the public hearing; there being no one wishing to be heard, public comment was closed. 21 City of Kenai Council Meeting Page 7 of 12 October 17, 2018 VOTE: There being no objections; SO ORDERED. 6. Resolution No. 2018-55 – Approving a Memorandum of Agreement with the Kenai Peninsula Borough to be included in the Federal Emergency Management Agency Assistance to Firefighters Regional Grant Application. (Administration) MOTION: Council Member Molloy MOVED to adopt Resolution No. 2018-55 and requested UNANIMOUS CONSENT. Council Member Glendening SECONDED the motion. Mayor Gabriel opened the public hearing; there being no one wishing to be heard, public comment was closed. Clarification was provided that the agencies applied together however maintenance of the equipment was the responsibility of the individual agencies. VOTE: There being no objections; SO ORDERED. [Clerk’s Note: Agenda items D.7., D.8., and D.9. were considered first under public hearings.] 7. Resolution No. 2018-56 – Authorizing a Six-Month Extension of a Facility Management Agreement for the Kenai Visitor and Cultural Center with the Kenai Chamber of Commerce and Visitor Center. (December 30, 2018 – June 30, 2019). (Administration) 8. Resolution No. 2018-57 – Commending The Kenai Central High School Girls As The Alaska Division Ii State Cross Country Champions For The Year 2018. (Mayor Gabriel) 9. Resolution No. 2018-58 – Requesting that Governor Bill Walker Declare an Economic Disaster for the Upper Cook Inlet Fisheries Region and Supporting a Recovery Plan. (Council Members Molloy and Glendening and Vice Mayor Navarre) 10. Resolution No. 2018-59 – Opposing Ballot Measure 1, an Act Providing for the Protection of Wild Salmon and Fish and Wildlife Habitat. (Vice Mayor Navarre and Council Member Pettey) MOTION: Vice Mayor Navarre MOVED to adopt Resolution No. 2018-59 and Council Member Peterkin SECONDED the motion. Mayor Gabriel opened the public hearing. Clark Whitney, Jr., spoke in opposition of adoption of the resolution noting the long list of streams in the United States that no longer have salmon runs; two of which were in Alaska. Duane Cramer spoke against adoption of the resolution suggesting the City continue projects in a way that wouldn’t affect salmon; pointed out the decline in salmon in Slidecock Creek and encouraged protection of our fish sanctuary. Steve Stunemaker spoke in favor of the City remaining neutral suggesting leaders will have input in the future on the regulations. 22 City of Kenai Council Meeting Page 8 of 12 October 17, 2018 Linda Hutchings spoke in favor of adoption of the resolution noting her family had homesteaded in the area and she has watched responsible development over the years with the regulations as they are. She suggested a better way to protect salmon would be to look at warming and illegal salmon fishing by other countries. Matt Schmidt spoke in opposition of adoption of the resolution noting habitat needed to be protected. He pointed out Beaver Creek and Slidecock Creek had king salmon runs in the past, as did Cooper Creek, which was de-watered, for a hydroelectric project. He noted he understood the desire to not pay more for the projects than necessary, but suggested doing it in a way that supported salmon habitat. Mike Dye spoke in support of adoption of the resolution noting he was supportive of protecting salmon but through the legislature where laws can be developed and evolve. John Hammilman spoke in opposition of adoption of the resolution, encouraging the City to remain neutral and not influence voters. Bob Shavelson spoke in opposition of adoption of the resolution suggesting Alaska shouldn’t make the same mistakes made elsewhere with protection of fish habitat. Owen Phillips spoke in support of adoption of the resolution noting the City cares about its fish and also cares about land use rights, and projects. He added the lack of a grandfather clause had the potential to stall or shut down economic growth. Laura Rhyner spoke in opposition of the adoption of the resolution questioning if people truly cared about protection of salmon if laws weren’t passed to protect them. She encouraged refraining from taking a stance and letting the voters make the decision. Caitlyn Vadla spoke in opposition of the adoption of the resolution noting the current law was old and vague whereas the new law came from sustainable fish policy developed by the Department of Fish & Game. Johna Beech spoke in support of the adoption of the resolution suggesting the ballot measure was harmful due to loss of jobs and the effects on the Liquefied Natural Gas project. Paula Murray spoke in opposition of adoption of the resolution suggesting that development can happen sustainably and sustainable development is difficult to achieve without standards. Clark Whitney, Jr. spoke again noting the City received economic benefit from salmon and questioned why the City didn’t come out in favor of the ballot measure. There being no one else wishing to be heard, public comment was closed. Gratitude was expressed for the testimony. There was discussion about the ballot measure impacting not only the Bluff Erosion Project but the sewer treatment plant, docks that need maintenance, any airport projects due to wetlands surrounding it, and road projects due to their filtering to river systems. Concerns were expressed regarding what would and wouldn’t happen, the fact that all waters would be deemed anadromous until proven otherwise which may or may not be easy to do, and whether or not the ballot measure was in the best interest of salmon. 23 City of Kenai Council Meeting Page 9 of 12 October 17, 2018 It was pointed out that both residents and businesses benefitted from fisheries as well as oil and gas production. VOTE: YEA: Gabriel, Peterkin, Pettey, Navarre, Glendening, Knackstedt NAY: Molloy MOTION PASSED. E. MINUTES 1.*Regular Meeting of October 4, 2018 Approved by the consent agenda. F. UNFINISHED BUSINESS – None. G. NEW BUSINESS 1. *Action/Approval – Bills to be Ratified. Approved by the consent agenda. 2. *Action/Approval – Purchase Orders Over $15,000 [Clerk’s Note: This item was removed from the agenda during approval of the agenda.] 3. *Ordinance No. 3045-2018 – Accepting and Appropriating a Grant from the U.S. Department of Homeland Security Passed through the State of Alaska Department of Military and Veterans’ Affairs for the Purchase of Portable Police and Fire Department Radios and For the Purchase and Installation of Video Surveillance Cameras tor the City’s Public Safety Building. (Administration) Introduced by the consent agenda and public hearing set for November 7. 4. Action/Approval – Mayoral Nominations of Mary Rhyner for Appointment to the Beautification Committee and Jennifer Dennis for Appointment to the Parks & Recreation Commission. (Mayor Gabriel) MOTION: Council Member Molloy MOVED to appoint Mary Rhyner to the Beautification Committee and Jennifer Dennis to the Parks & Recreation Commission and requested UNANIMOUS CONSENT. Council Member Glendening SECONDED the motion. VOTE: There being no objections; SO ORDERED. 5. Action/Approval – Authorize a Donation of $500 to the Boys and Girls Club of the Kenai Peninsula for Supplies for the Fall Pumpkin Festival. (Mayor Gabriel) 24 City of Kenai Council Meeting Page 10 of 12 October 17, 2018 MOTION: Council Member Knackstedt MOVED to donate $500 to the Boys and Girls Club of the Kenai Peninsula for Supplies for the Fall Pumpkin Festival and requested UNANIMOUS CONSENT. Council Member Molloy SECONDED the motion. VOTE: There being no objections; SO ORDERED. H. COMMISSION/COMMITTEE REPORTS 1. Council on Aging – It was reported there was no quorum at the last meeting; next meeting November 8. 2. Airport Commission – It was reported that on October 11 the Commission noted enplanements were down and recommended keeping security issues in mind for future grants; next meeting November 8. 3. Harbor Commission – It was reported the Commission heard from a member of the public how to provide access to the city dock with a card lock option; also discussed dredging issues; next meeting November 13. It was further reported the subcommittee was about finished reviewing code and developing report to commission; next meeting October 23 4. Parks and Recreation Commission – No report; next meeting November 1. 5. Planning and Zoning Commission – It was reported that at their October 10 meeting the Commission approved a preliminary plat; next meeting October 24. 6. Beautification Committee – It was reported that the committee met October 9 and discussed a rock garden at Leif Hansen Park, plantings and flowers for next year, and the fall pumpkin festival; next meeting January 8. 7. Mini-Grant Steering Committee – No report. I. REPORT OF THE MAYOR Mayor Gabriel reported on the following: • Jointly proclaimed October as Domestic Violence Awareness Month with Mayor Anderson; thanked Vice Mayor Navarre for presenting on his behalf; • Attended the annual Chamber of Commerce Beer & Wine Experience; • Noted he had been appointed by the Governor to a task force that was looking at Cook Inlet fisheries issues that divided user groups; • Attended the Fall Pumpkin Festival and started the pumpkin races. J. ADMINISTRATION REPORTS 1. City Manager – P. Ostrander reported on the following: • Welcomed Council Member Peterkin; • The City would be partnering with Soldotna on a salary survey for police officers; • A property owner in the Bluff Erosion Project had issues with granting easements for the project if the project included trails; 25 City of Kenai Council Meeting Page 11 of 12 October 17, 2018 • Airport Terminal Rehab Project had begun and a quilt donated to the City Council in 2001 would be removed - Council may want to consider another location for the quilt; • Recruitment for Human Resources Director to close soon; • American Red Cross considering opening a local office in the Beacon building; • Final package for Bluff Erosion Project had not been submitted as expected. 2. City Attorney – No report. 3. City Clerk – No report. K. ADDITIONAL PUBLIC COMMENT 1. Citizens Comments (Public comment limited to five (5) minutes per speaker) Johna Beech thanked Council for approving Resolutions No. 2018-56 & 2018-59. She added that good things were happening in Kenai, commended City staff, and thanked the City for partnering with the Chamber. 2. Council Comments All welcomed Council Member Peterkin and welcomed back Council Member Molloy. Knackstedt noted he attended the Chamber’s Beer & Wine Experience. Council Member Molloy thanked Council for support of Resolution No. 2018-58 and thanked the voters for voting him on to Council for another term. Council Member Peterkin noted he was honored to be voted in; looked forward to learning more; was glad to see both sides of an issue debated ending in a service to the community. Council Member Pettey thanked the citizens for written and verbal testimony on Resolution No. 2018-59. Council Member Glendening noted he attended the Fall Pumpkin Festival and the Chamber’s annual Beer and Wine Experience. L. EXECUTIVE SESSION – None. M. PENDING ITEMS 1. Action/Approval – Field of Flowers Signage (Council Member Knackstedt) [Clerk’s Note: This item was referred to the Beautification Committee and then the Airport Commission.] N. ADJOURNMENT There being no further business before the Council, the meeting was adjourned at 9:42 p.m. 26 City of Kenai Council Meeting Page 12 of 12 October 17, 2018 I certify the above represents accurate minutes of the Kenai City Council meeting of October 17, 2018. _____________________________ Jamie Heinz, CMC City Clerk 27 PAYMENTS OVER $15,000 .00 WHICH NEED COUNCIL RATIFICATION COUNCIL MEETING OF: NOVEMBER 7, 2018 VENDOR DESCRIPTION PERS PERS INTEGRITY JANITORIAL SEPT. SERVICE AT CITY HALL PRECIOUS JANITORIAL SEPT. SERVICE AT LIBRARY PRECIOUS JANITORIAL SEPT. SERVICE AT TERMINAL PRECIOUS JANITORIAL SEPT. SERVICE AT POLICE PRECIOUS JANITORIAL SEPT. SERVICE AT VISITOR CENTER INVESTMENTS VENDOR DESCRIPTION PIPER JAFFRAY U.S. GOVT SECURITY PIPER JAFFRAY U .S. GOVT SECURITY PIPER JAFFRAY U.S. GOVT SECURITY PIPER JAFFRAY U .S. GOVT SECURITY PIPER JAFFRAY U .S. GOVT SECURITY THE BAKER GROUP U .S. GOVT SECURITY THE BAKER GROUP U .S. GOVT SECURITY DEPARTMENT ACCOUNT AMOUNT VARIOUS LIABILITY 90,785.50 NON-DEPARTMENTAL REPAIR & MAINTENANCE 1,389.00 LIBRARY REPAIR & MAINTENANCE 2 ,795 .00 AIRPORT REPAIR & MAINTENANCE 4,495.00 POLICE REPAIR & MAINTENANCE 978.00 VISITOR CENTER REPAIR & MAINTENANCE 928 .00 MATURITY DATE AMOUNT Effect. Int. 7/31/2019 245,000.00 2.5% 7/30/2019 245,000.00 2.4% 7/31/2019 245,000 .00 2.45% 5/1/2019 245,000 .00 2 .35% 6/26/2019 245,000.00 2.35% 4/30/2019 245,000.00 2.3% 4/30/2019 245,000.00 2 .3% 28 PURCHASE ORDERS OVER $15,000.00 WHICH NEED COUNCIL APPROVAL COUNCIL MEETING OF: NOVEMBER 7, 2018 VENDOR YUKON EQUIPMENT DESCRIPTION TRACKLESS SNOQUIP SNOWBLOWER HEAD INCREASE OF EXISTING PURCHASE ORDER VENDOR DESCRIPTION CH2M HILL 100% DD'S & CA SERVICES DEPT. STREETS P.O. # -DEPT. 11288-WWTP FACILITY IMPRS. ACCOUNT AMOUNT MACHINERY & EQUIPMENT 25,543.00 REASON AMOUNT TOTAL PO AMT AMEND. NO. 5 90 ,000 .00 236 ,902.73 29 MEMORANDUM TO: Mayor Brian Gabriel and Kenai City Council THROUGH: Paul Ostrander, City Manager FROM: Scott Curtin – Public Works Director DATE: November 1, 2018 SUBJECT: Purchase Orders over $15,000 The purpose of this memo is to request approval for the purchase of a 79” Snow Blower attachment, model XX79 Snoquip, for the City’s existing Trackless Municipal Tractor. The Street’s Department current budget has $24,907.00 in account 8064 Machinery & Equipment, which was the estimated cost at the time the Budget was created. Actual cost to order the equipment in November 2018 is slightly higher at $25,543.00. We are proposing to transfer $636.00 from account 4538 Repair & Maintenance to cover the additional costs. New funding will not be required for this purchase. This is an essential piece of equipment for the Streets Department to effectively maintain our roadways, parking areas and sidewalks. Use of the this equipment minimizes damage to existing concrete curbs and sidewalks, and during heavy snow falls allows personnel to place the snow further from the roadways than a plow. This piece of equipment is specific to the City’s Trackless Tractor, and as such is only available from one Manufacturer. Yukon Equipment, Inc. is the only in State distributor for this unit, and as a result a Sole Source purchase request has been submitted to the Administration. The Public Works Department respectfully requests your consideration and approval for this purchase. 30 Page 2 of 2 Subject 31 MEMORANDUM TO: Mayor Brian Gabriel and Kenai City Council THROUGH: Paul Ostrander, City Manager FROM: Scott Curtin – Public Works Director DATE: November 1, 2018 SUBJECT: Purchase Orders over $15,000 The purpose of this memo is to request approval to issue Amendment No. 5 to our Professional Services Agreement with CH2M Hill Engineers, Inc. for Design Services at our Waste Water Treatment Plant. The existing Agreement to date is $326,902.73. The costs associated with this Amendment include the following: • $62,000 Completion of 100% Design Documents for the Aeration and Digester Blowers • $4,000 Bid Phase Services • $24,000 Construction Admin Services during Construction The total cost of Amendment No. 5 will be $90,000. The new Total Cost of CH2M Agreement to date will be $416,902.73. The additional costs associated with this Amendment are eligible under DEC Grant #47555. Additional funding for this work will not be required at this time. Approval of the is Amendment will allow the Waste Water Treatment Plant to issue an Invitation to Bid in late November to replace the existing 40+ year old blowers. The blowers are the largest consumer of electricity at the facility, and there will be immediate utility cost savings upon their replacement. The Public Works Department respectfully requests your consideration and approval for this Amendment. 32 MEMORANDUM TO: Mayor Brian Gabriel and Kenai City Council FROM: Jamie Heinz, City Clerk DATE: October 31, 2018 SUBJECT: Liaison Nominations Pursuant to KMC 1.90.010, “….At the organizational meeting of Council, or as soon thereafter as practicable, the Mayor, after consultation with Council, shall nominate Council Members as a council liaison to any board, commission or committee.” The following individuals are being nominated pursuant to KMC 1.90.010. Your consideration is appreciated. Council on Aging Council Member Jim Glendening Airport Commission Council Member Glenese Pettey Harbor Commission Council Member Robert Peterkin Parks and Recreation Commission Council Member Henry Knackstedt Planning and Zoning Commission Council Member Bob Molloy Beautification Committee Council Member Tim Navarre Mini-Grant Steering Committee Mayor Brian Gabriel Supervisory Sub-Committee Mayor Brian Gabriel, Vice Mayor TBA, Council Member TBA 33 KENAI AIRPORT COMMISSION REGULAR MEETING OCTOBER 11, 2018 – 6:00 P.M. KENAI CITY COUNCIL CHAMBERS CHAIR GLENDA FEEKEN, PRESIDING MEETING SUMMARY 1. CALL TO ORDER Chair Feeken called the meeting to order at 6:00 p.m. a. Pledge of Allegiance Chair Feeken led those assembled in the Pledge of Allegiance. b. Roll was confirmed as follows: Commissioners Present: Commissioners Absent: G. Feeken, C. Henry, J. Bielefeld, P. Minelga, K. Dodge J. Zirul, D. Pitts Staff/Council Liaison Present: Airport Manager M. Bondurant, Administrative Assistant E. Shinn, Council Member J. Glendening A quorum was present. c. Agenda Approval MOTION: Commissioner Bielefeld MOVED to approve the agenda and Commissioner Minelga SECONDED the motion. There were no objections; SO ORDERED. 2. SCHEDULED PUBLIC COMMENT – None. 3. UNSCHEDULED PUBLIC COMMENT – None. 4. APPROVAL OF MEETING SUMMARY a. September 13, 2018 MOTION: Commissioner Bielefeld MOVED to approve the meeting summary of September 13, 2018 and Commissioner Minelga SECONDED the motion. There were no objections; SO ORDERED. 5. UNFINISHED BUSINESS a. Action/Approval – Field of Flowers Sign 34 ____________________________________________________________________________________ Airport Commission Meeting Page 2 of 2 October 11, 2018 The Commission reviewed and discussed the design recommendations of the Beautification Committee and were in support. MOTION: Commissioner Bielefeld MOVED to approve the design recommendations by the Beautification Committee and Commissioner Minelga SECONDED the motion. There were no objections; SO ORDERED. b. Discussion – Terminal Rehabilitation Project Update by Wince-Corthell Bryson Wince-Corthell Bryson Representative, Kirk Hollingsworth provided an update on the Terminal Rehabilitation Project, specifically noting the project commenced today, and provided the opportunity for a questions and answers session with the Commission. 6. NEW BUSINESS – None. 7. REPORTS a. Airport Manager – Bondurant reported on the October activities happening at the Kenai Airport, and noted she had an interview with Channel 11 regarding the Terminal Rehabilitation Project. b. City Council Liaison – Glendening reported on the October 3 City Council meeting actions. 8. NEXT MEETING ATTENDANCE NOTIFICATION – November 8, 2018 Commissioner Minelga noted he would not be at the next meeting. 9. COMMISSIONER COMMENTS AND QUESTIONS Commissioner Minelga noted the need for the corporate Shell Fleet card to be valid at the Float Plane Basin pumps and expressed interest in more tires on the docks at the pumps. 10. ADDITIONAL PUBLIC COMMENT – None. 11. INFORMATION ITEMS a. 2018 Float Plane Basin Activity b. August 2018 Enplanements 12. ADJOURNMENT There being no further business before the Commission, the meeting was adjourned at 6:28 p.m. Meeting summary prepared and submitted by: ___________________________________ Jacquelyn Kennedy, Deputy City Clerk 35 KENAI HARBOR COMMISSION SUB-COMMITTEE OCTOBER 23, 2018 – 6:00 P.M. KENAI CITY COUNCIL CHAMBERS 210 FIDALGO AVE., KENAI, AK 99611 MEETING SUMMARY 1. CALL TO ORDER Commissioner DuPerron called the meeting to order at 6:02 p.m. a. Pledge of Allegiance Commissioner DuPerron led those assembled in the Pledge of Allegiance. b. Roll Call Commissioners present: N. DuPerron, C. Crandall Commissioners absent: M. Dunn Staff/Council Liaison present: Public Works Assistant K. Feltman, Council Member J. Glendening A quorum was present. c. Agenda Approval MOTION: Commissioner Crandall MOVED to approve the agenda and Commissioner DuPerron SECONDED the motion. There were no objections; SO ORDERED. 2. SCHEDULED PUBLIC COMMENTS – None. 3. UNSCHEDULED PUBLIC COMMENT – None. 4. APPROVAL OF MEETING SUMMARY a. September 18, 2018 MOTION: Commissioner Crandall MOVED to approve the meeting summary of September 18, 2018 and Commissioner DuPerron SECONDED the motion. There were no objections; SO ORDERED. 5. UNFINISHED BUSINESS a. Discussion – Identification of Harbor Commission Duties and Responsibilities 36 ____________________________________________________________________________________ Harbor Sub-Committee Meeting Page 2 of 2 October 23, 2018 The Sub-Committee reviewed the remaining sections of Title 11 and confirmed all of the recommended edits. It was agreed the emphasis would be a Harbor Economic Development Plan, a Personal Use Fishery Report, and Bluff Erosion. It was further recommended to change the number of Harbor Commission meetings to eight meetings in 2019. 6. NEW BUSINESS – None. 7. DISCUSS PURPOSE OF NEXT MEETING The Sub-Committee members agreed that no future meetings were necessary. 8. SET NEXT MEETING / ATTENDANCE NOTIFICATION – Not applicable. 9. ADDITIONAL PUBLIC COMMENTS – None. 10. MEMBER COMMENTS AND QUESTIONS Commissioner DuPerron thanked everyone for attending the Harbor Commission Sub-Committee meetings. 11. ADJOURNMENT There being no further business before the Sub-Committee, the meeting was adjourned at 6:49 p.m. Meeting summary prepared and submitted by: _____________________________________ Jacquelyn Kennedy Deputy City Clerk 37 KENAI PLANNING & ZONING COMMISSION REGULAR MEETING OCTOBER 10, 2018 – 7:00 P.M. KENAI CITY COUNCIL CHAMBERS 210 FIDALGO AVENUE, KENAI, ALASKA CHAIR JEFF TWAIT, PRESIDING MINUTES 1. CALL TO ORDER Commission Chair Twait called the meeting to order at 7:00 p.m. a. Pledge of Allegiance Commission Chair Twait led those assembled in the Pledge of the Allegiance. b. Roll Call Commissioners present: Chair J. Twait, Vice-Chair R. Springer, D. Fikes, K. Peterson, G. Greenberg, J. Halstead, V. Askin Commissioners absent: Staff/Council Liaison present: City Planner E. Appleby, Deputy City Clerk J. Kennedy, Council Liaison H. Knackstedt A quorum was present. c. Agenda Approval MOTION: Commissioner Peterson MOVED to approve the agenda and Commissioner Halstead SECONDED the motion. There were no objections; SO ORDERED. d. Consent Agenda MOTION: Commissioner Peterson MOVED to approve the consent agenda and Commissioner Askin SECONDED the motion. There were no objections; SO ORDERED. *All items listed with an asterisk (*) are considered to be routine and non-controversial by the Commission and will be approved by one motion. There will be no separate discussion of these items unless a Commission Member so requests, in which case the item will be removed from the Consent Agenda and considered in its normal sequence on the agenda as part of the General Orders. e. *Excused absences – None. 38 ___________________________________________________________________________________ Planning and Zoning Commission Meeting Page 2 of 4 October 10, 2018 2. *APPROVAL OF MINUTES: September 26, 2018 The minutes were approved by the Consent Agenda. 3. SCHEDULED PUBLIC COMMENT - None scheduled. 4. UNSCHEDULED PUBLIC COMMENT - None. 5. CONSIDERATION OF PLATS: a. Resolution PZ2018-25 Original Preliminary Plat of Shadura Subdivision Nilchil Addition, submitted by McLane Consulting, Inc., P.O. Box 468, Soldotna, Alaska 99669, on behalf of Nilchil Solutions LLC, 508 S.Willow, Suite A, Kenai, Alaska The City Planner reviewed the staff report as provided in the meeting packet and noted staff recommended approval of this plat, subject to the following conditions: • Further development of the property shall conform to all federal, State of Alaska, and local regulations; • The Kenai City Council shall declare the twenty-five (25) foot alley not needed for a public use and approve the vacation of the alley as shown on the preliminary plat; • A signature line and notary block shall be added to the plat for the beneficiaries of the Deed of Trust encumbering the property to approve the plat; and • The twenty (20) foot building front setback shall be delineated on the plat. MOTION: Commissioner Askin MOVED to adopt Resolution No. PZ2018-25 with staff recommendations and Commissioner Halstead SECONDED the motion. Chair Twait opened the floor for public testimony. McLane Consulting, Jason Nielman clarified they intended to upgrade the structure and currently are finalizing the engineering plans. He noted the plan was to lease to four businesses, move their office on-site, and potentially build other buildings on the lot. There being no one else wishing to be heard, public comment was closed. VOTE: YEA: Springer, Halstead, Peterson, Fikes, Askin, Greenberg, Twait NAY: MOTION PASSED UNANIMOUSLY. 6. PUBLIC HEARINGS – None. 7. UNFINISHED BUSINESS – None. 8. NEW BUSINESS – None. 39 ___________________________________________________________________________________ Planning and Zoning Commission Meeting Page 3 of 4 October 10, 2018 9. PENDING ITEMS: None. 10. REPORTS: a. City Council – Council Member Knackstedt reviewed the action agenda from the October 3 City Council Meeting. He specifically noted there was an executive session to discuss financial renegotiation of the bowling alley with more information to come February 3, 2019; and the certification of the elections would occur at the October 17 City Council meeting. b. Borough Planning – Fikes reported the Commission met on October 8; nine plats were reviewed and eight of them were approved, and one was postponed; specifically approved in Kenai was the vacation of a portion of a section-line easement off Cannery Road, near Dunes Road Access. She further reported that the Material Site Plan Committee was starting back up and planned to meet in November. c. Administration – City Planner Appleby reported on the following: • The Planning and Zoning Department approved a Landscape Site Plan to Kenai Mini-Storage for an addition to the building; • The last TRASHercize event was spent at Millennium Square Park in preparation for the Pumpkin Festival on October 13; • A Kenai Area Start-Up Week Event was developed to support and celebrate local businesses as well as encourage new businesses, and scheduled for the week of November 11. The City of Kenai planned to sponsor an event, discussing City- owned lands and City land policies, themed Policy with a Pint; and • She attended a meeting this week for a potential Kenai Area Coordinated Transportation Plan and she would provide more information as it comes available. The City Planner also provided an update on the Kenai Code enforcement cases from this summer through September. 11. ADDITIONAL PUBLIC COMMENT – None. 12. INFORMATIONAL ITEMS a. Planning and Zoning Resolutions – Third Quarter 2018 b. Code Enforcement – Third Quarter 2018 c. Building Permits – Third Quarter 2018 13. NEXT MEETING ATTENDANCE NOTIFICATION: October 24, 2018 14. COMMISSION COMMENTS & QUESTIONS – None. 15. ADJOURNMENT There being no further business before the Commission, the meeting was adjourned at 7:37 p.m. 40 ___________________________________________________________________________________ Planning and Zoning Commission Meeting Page 4 of 4 October 10, 2018 Minutes prepared and submitted by: ____________________________ Jacquelyn Kennedy Deputy City Clerk 41 KENAI PLANNING & ZONING COMMISSION REGULAR MEETING OCTOBER 24, 2018 – 7:00 P.M. KENAI CITY COUNCIL CHAMBERS 210 FIDALGO AVENUE, KENAI, ALASKA CHAIR JEFF TWAIT, PRESIDING MINUTES 1. CALL TO ORDER Commission Chair Twait called the meeting to order at 7:00 p.m. a. Pledge of Allegiance Commission Chair Twait led those assembled in the Pledge of the Allegiance. b. Roll Call Commissioners present: Chair J. Twait, Vice-Chair R. Springer, D. Fikes, K. Peterson, G. Greenberg, J. Halstead, V. Askin Commissioners absent: Staff/Council Liaison present: City Planner E. Appleby, Deputy City Clerk J. Kennedy, Council Liaison H. Knackstedt A quorum was present. c. Agenda Approval MOTION: Commissioner Halstead MOVED to approve the agenda and Commissioner Askin SECONDED the motion. There were no objections; SO ORDERED. d. Consent Agenda MOTION: Commissioner Halstead MOVED to approve the consent agenda and Commissioner Askin SECONDED the motion. There were no objections; SO ORDERED. *All items listed with an asterisk (*) are considered to be routine and non-controversial by the Commission and will be approved by one motion. There will be no separate discussion of these items unless a Commission Member so requests, in which case the item will be removed from the Consent Agenda and considered in its normal sequence on the agenda as part of the General Orders. e. *Excused absences – None. 42 ___________________________________________________________________________________ Planning and Zoning Commission Meeting Page 2 of 4 October 24, 2018 2. *APPROVAL OF MINUTES: October 10, 2018 The minutes were approved by the Consent Agenda. 3. SCHEDULED PUBLIC COMMENT - None scheduled. 4. UNSCHEDULED PUBLIC COMMENT - None. 5. CONSIDERATION OF PLATS: a. Resolution PZ2018-26 - Original Preliminary Plat of Anglers Acres Subdivision Shuey Addition, submitted by McLane Consulting, Inc., P.O. Box 468, Soldotna, Alaska 99669, on behalf of Curtis C. and Debra L. Shuey, 1530 Angler Drive, Kenai, Alaska 99611 The City Planner reviewed the staff report as provided in the meeting packet and specifically noted the reason for the subdividing of Tract 3, Anglers Acres Subdivision Lowe Subdivision into Tract 3A and Tract 3B was to allow the property owners to sell Tract 3B to the State of Alaska for habitat protection. It was further noted on September 19, Kenai City Council approved the City Manager to sign a letter of support for this purchase. The City Planner clarified that if Tract 3A would be developed, the property owners would be required to obtain additional permits form the City. The City Planner reported that staff recommended approval of this preliminary plat, subject to the following conditions: • Further development of the property shall conform to all federal, State of Alaska, and local regulations; and • That the word “Owners” be changed to “Owner” below the signature line for property owner, Curtis C. Shuey. MOTION: Commissioner Askin MOVED to approve Resolution No. PZ2018-26 with staff recommendations and Commissioner Halstead SECONDED the motion. Chair Twait opened the floor for public testimony. Owner, Curt Shuey clarified the pedestrian access easement was a public access easement. He added that Tract 3A was not planned for development and he intended to conserve the wetlands. Mr. Shuey noted he did not expect any change to the neighborhood except possibly preserving the natural setting around the other properties. He clarified that the dock was not suitable for boat launch and not highly desired for public access shore fishing. Mr. Shuey expressed appreciation for the attention by the City Planner and other Administration that visited the property, noting the thoroughness and professionalism. There being no one else wishing to be heard, public comment was closed. Additionally, it was clarified it was designated as a pedestrian access to deter off-road vehicles for habitat conservation and road access to the property would be via Angler Drive, a paved and City-maintained road. 43 ___________________________________________________________________________________ Planning and Zoning Commission Meeting Page 3 of 4 October 24, 2018 VOTE: YEA: Springer, Halstead, Peterson, Fikes, Askin, Greenberg, Twait NAY: MOTION PASSED UNANIMOUSLY. 6. PUBLIC HEARINGS – None. 7. UNFINISHED BUSINESS – None. 8. NEW BUSINESS – None. 9. PENDING ITEMS: None. 10. REPORTS: a. City Council – Council Member Knackstedt reviewed the action agenda from the October 17 City Council Meeting. He specifically noted the elections were certified, recognized the new Council Member, Robert Peterkin II, as well as the appointment of Jennifer Dennis to the Parks and Recreation Commission and Mary Rhyner to the Beautification Committee. b. Borough Planning – Fikes reported the Commission met on October 22 for a plat meeting only and reviewed nine plats but due to a lack of agenda items, the meeting was canceled; the next meeting was scheduled for November 13. c. Administration – City Planner Appleby reported on the following: • A reminder that the early registration deadline for the Alaska Chapter of the American Planning Association (APA) Conference was October 31, if any members were interested in attending let staff know; • A reminder to complete the survey that was emailed to determine potential businesses and industries that were suitable and desirable in the City of Kenai, the deadline is October 31; • There was a recent article in the Peninsula Clarion of the Kenai Area Coordinated Transportation Plan, regarding public transportation in the Kenai; if interested, contact the City Planner for additional information; and • A flyer was posted for Start-Up Week happening on November 11 - 16, and the events specifically in Kenai were on November 13, a morning event at Veronica’s Café while the Policy with a Pint event with City Administration would be in the evening at Main Street Tap & Grill to discuss recent change to the airport land use and answer questions. 11. ADDITIONAL PUBLIC COMMENT – None. 12. INFORMATIONAL ITEMS – None. 13. NEXT MEETING ATTENDANCE NOTIFICATION: November 14, 2018 44 ___________________________________________________________________________________ Planning and Zoning Commission Meeting Page 4 of 4 October 24, 2018 14. COMMISSION COMMENTS & QUESTIONS Commissioner Halstead noted concern that was brought to him regarding the marijuana shop, East Rip regarding the fragrance and loitering occurring to nearby businesses. Commissioner Fikes noted caution, suggesting loitering may be due to homelessness versus a new business social situation. 15. ADJOURNMENT There being no further business before the Commission, the meeting was adjourned at 7:45 p.m. Minutes prepared and submitted by: ____________________________ Jacquelyn Kennedy Deputy City Clerk 45 MEMORANDUM TO: Mayor Brian Gabriel and Kenai City Council THROUGH: Paul Ostrander, City Manager FROM: Terry Eubank, Finance Director DATE: October 22, 2018 SUBJECT: Quarterly Financial Report Attached is a relatively easily produced quarterly financial report for the General Fund, Personal Use Fishery Fund, Airport Fund, Water/Sewer Fund, and Senior Fund as of September 30, 2018. This report is essentially on a cash basis, so there are accounts that may not look reasonable. In the General Fund for example, sales and property tax revenue only includes payments made to the City by the Borough through August. The third calendar quarter 2018 sales tax filings and tax payments are not in at this point and we will not be received for this quarter until the end of October or early November. State and Federal is below budget in all funds because of PERS aid. The State doesn’t actually give us any money. Instead they make an ‘on-behalf’ payment to the pension system. Similarly we have not booked expenditures for the PERS the State is covering, so the Non-Departmental department is way under budget. At year-end we will record revenue and expenditures for these items. 46 Quarterly General Fund Expenditure Report For Quarter Ended September 30, 2018 Original * FY2018 FY2019 Amended YTD Actual Budget Budget Actual Variance % REVENUES Appropriation of Fund Balance -$ 1,024,939$ 1,024,939$ -$ (1,024,939)$ 0.00% Taxes 10,722,698 10,980,713 10,980,713 2,560,100 (8,420,613) 23.31% Licenses/Permits and Ambulance 580,156 528,000 528,000 142,419 (385,581) 26.97% State/Federal 740,441 885,464 928,460 281,315 (647,145) 30.30% Dock/Multipurpose/Miscellaneous 152,902 119,500 119,500 36,511 (82,989) 30.55% Fines and Forfeitures 67,347 93,000 93,000 12,870 (80,130) 13.84% Interest and Miscellaneous 316,871 531,741 531,741 150,993 (380,748) 28.40% Transfers/Central Admin Fees 2,103,951 2,020,420 2,020,420 366,500 (1,653,920) 18.14% Total Revenues 14,684,366 16,183,777 16,226,773 3,550,708 (12,676,065) 21.88% EXPENDITURES & TRANSFERS General Government 01 City Clerk 247,305$ 311,005$ 311,005$ 70,882$ 240,123$ 77.21% 11 Legislative 158,693 174,150 174,150 35,954 138,196 79.35% 12 Legal 297,294 359,998 359,998 80,458 279,540 77.65% 13 City Manager 327,461 352,446 352,446 77,751 274,695 77.94% 14 Human Resources - 169,809 169,809 4,888 164,921 97.12% 15 Finance 635,325 709,531 709,531 174,420 535,111 75.42% 16 Land Administration 1,333 24,337 24,337 1,213 23,124 95.02% 18 Non-Departmental 478,599 903,077 903,077 376,857 526,220 58.27% 19 Planning and Zoning 198,156 226,876 226,876 45,825 181,051 79.80% 20 Safety 3,760 19,150 19,150 - 19,150 100.00% Total General Government 2,347,926 3,250,379 3,250,379 868,248 2,382,131 73.29% Public Safety 21 Police 2,852,647 3,107,201 3,107,201 658,572 2,448,629 78.80% 22 Fire 3,052,652 3,171,122 3,171,122 672,523 2,498,599 78.79% 23 Communications 788,262 858,551 858,551 183,145 675,406 78.67% 29 Animal Control 381,856 422,192 422,192 124,805 297,387 70.44% Total Public Safety 7,075,417 7,559,066 7,559,066 1,639,045 5,920,021 78.32% Public Works 31 Public Works Administration 196,415 185,811 185,811 33,569 152,242 81.93% 32 Shop 617,384 669,652 669,652 118,003 551,649 82.38% 33 Streets 961,944 1,077,437 1,077,437 131,326 946,111 87.81% 34 Buildings 320,542 386,950 386,950 66,676 320,274 82.77% 35 Street Lighting 173,925 172,819 172,819 22,803 150,016 86.81% 60 Dock 52,665 74,783 74,783 5,805 68,978 92.24% Total Public Works 2,322,875 2,567,452 2,567,452 378,182 2,189,270 85.27% Parks and Recreation & Culture 03 Visitor Center 179,048 180,251 180,251 36,101 144,150 79.97% 40 Library 893,001 892,033 899,033 183,154 715,879 79.63% 45 Parks, Recreation & Beautification 1,009,708 1,112,167 1,148,163 266,889 881,274 76.76% Total Parks and Recreation & Culture 2,081,757 2,184,451 2,227,447 486,144 1,741,303 78.17% Total Operating Expenditures 13,827,975 15,561,348 15,604,344 3,371,619 12,232,725 78.39% Transfer to other funds Street Improvement Capital Project Fund 75,172 200,000 200,000 - 200,000 100.00% Senior Center Impr. Capital Projects - 45,670 45,670 - 45,670 100.00% Kenai Recreation Center Capital Project Fund - 27,500 27,500 27,500 - 0.00% New City Shop Capital Project Fund 35,000 - - - - - Public Safety Building Capital Proj. Fund 120,000 35,000 35,000 35,000 - Kenai Animal Shelter Capital Proj. Fund 35,000 - - - - Cemetery Improvements Capital Proj. Fund 250,000 - - - - Senior Citizen Special Revenue Fund 176,739 170,857 170,857 - 170,857 100.00% Debt Service 142,002 143,402 143,402 24,173 119,229 83.14% Total Transfer to other funds 833,913 622,429 622,429 86,673 535,756 86.08% Total Expenditures & Transfers 14,661,888 16,183,777 16,226,773 3,458,292 12,768,481 78.69% Net Revenues over(under) Expenditures 22,478$ -$ -$ 92,416$ 92,416$ * Note: The original budget includes outstanding encumbrances at 6/30/2018. 47 Quarterly Personal Use Fishery Fund Expenditure Report For Quarter Ended September 30, 2018 Original * FY2018 FY2019 Amended YTD Actual Budget Budget Actual Variance % REVENUES Beach Parking 174,614$ 175,000$ 175,000$ 118,307$ (56,693)$ -32.40% Beach Camping 210,269 225,000 225,000 129,939 (95,061) -42.25% Dock Launch & Park 111,528 115,000 115,000 91,718 (23,282) -20.25% Dock Parking Only 12,009 15,000 15,000 9,547 (5,453) -36.35% Participant Drop-off Fee 7,481 8,000 8,000 5,943 (2,057) -25.71% Interest Earnings 1,522 750 750 - (750) -100.00% PERS Grant 1,546 4,169 4,169 - (4,169) -100.00% Credit Card Fees 674 (1,500) (1,500) (3,295) (1,795) 119.67% Total Revenue 519,643 541,419 541,419 352,159 (189,260) -34.96% EXPENDITURES Public Safety 114,542$ 96,686$ 96,686$ 86,431$ 10,255$ 10.61% Streets 32,938 61,066 61,066 41,621 19,445 31.84% Boating Facility 56,380 72,137 72,137 38,875 33,262 46.11% Parks, Recreation & Beautification 225,445 328,712 328,712 234,016 94,696 28.81% Total Expenditures 429,305 558,601 558,601 400,943 157,658 28.22% Net Revenues over Expenditures 90,338$ (17,182)$ (17,182)$ (48,784)$ (31,602)$ * Note: The original budget includes outstanding encumbrances at 6/30/2018. 48 Quarterly Airport Fund Expenditure Report For Quarter Ended September 30, 2018 Original * FY2018 FY2019 Amended YTD Actual Budget Budget Actual Variance % REVENUES Appropriation of Fund Balance -$ -$ 1,568,590$ -$ (1,568,590)$ 0.00% State/Federal 21,891 36,385 36,385 - (36,385) 0.00% Interest , Leases & Fees 797,425 716,745 716,745 396,980 (319,765) 55.39% Terminal Revenues 701,429 748,025 748,025 199,520 (548,505) 26.67% Landing Fees 401,556 432,500 432,500 84,067 (348,433) 19.44% Transfers In 1,210,348 1,230,025 1,230,025 - (1,230,025) 0.00% Total Revenues 3,132,649 3,163,680 4,732,270 680,567 (4,051,703) 14.38% EXPENDITURES & TRANSFERS Terminal Area 578,328$ 630,109$ 630,109$ 115,096$ 515,013$ 81.73% Airfield 1,631,810 1,731,779 1,731,779 377,021 1,354,758 78.23% Administration 287,537 596,199 358,478 68,539 289,939 80.88% Other Buildings & Areas 199,008 (68,278) 169,443 38,228 131,215 77.44% Training Facility 36,125 38,474 38,474 314 38,160 99.18% Total Expenditures 2,732,808 2,928,283 2,928,283 599,198 2,329,085 79.54% Transfer to other funds Airport Improvement Capital Projects 397,157 233,221 1,803,987 1,570,721 233,266 0.00% Total Transfer to other funds 397,157 233,221 1,803,987 1,570,721 233,266 12.93% Total Expenditures & Transfers 3,129,965 3,161,504 4,732,270 2,169,919 2,562,351 54.15% Net Revenues over Expenditures 2,684$ 2,176$ -$ (1,489,352)$(1,489,352)$ * Note: The original budget includes outstanding encumbrances at 6/30/2018. 49 Quarterly Water Sewer Fund Expenditure Report For Quarter Ended September 30, 2018 Original * FY2018 FY2019 Amended YTD Actual Budget Budget Actual Variance % REVENUES Appropriation of Fund Balance -$ -$ -$ -$ -$ 0.00% State/Federal 17,347 33,668 33,668 - (33,668) 0.00% Water/Sewer Fees 2,796,242 2,863,453 2,863,453 772,390 (2,091,063) 26.97% Penalty and Interest 36,959 43,250 43,250 12,076 (31,174) 27.92% Interest and Miscellaneous 36,550 19,000 19,000 975 (18,025) 5.13% Total Revenues 2,887,098 2,959,371 2,959,371 785,441 (2,173,930) 26.54% EXPENDITURES & TRANSFERS Water 841,231$ 967,771$ 967,771$ 294,685$ 673,086$ 69.55% Sewer 310,002 499,384 499,384 87,581 411,803 82.46% Wastewater Treatment Plant 1,116,312 1,208,057 1,208,057 214,676 993,381 82.23% Total Expenditures 2,267,545 2,675,212 2,675,212 596,942 2,078,270 77.69% Transfer to other funds - Water & Sewer Capital Projects 146,193 - - - - - Total Transfer to other funds 146,193 - - - - - Total Expenditures & Transfers 2,413,738 2,675,212 2,675,212 596,942 2,078,270 77.69% Net Revenues over Expenditures 473,360$ 284,159$ 284,159$ 188,499$ (95,660)$ * Note: The original budget includes outstanding encumbrances at 6/30/2018. 50 Quarterly Senior Fund Expenditure Report For Quarter Ended September 30, 2018 Original * FY2018 FY2019 Amended YTD Actual Budget Budget Actual Variance % REVENUES Appropriation of Fund Balance -$ 24,354$ 24,354$ -$ (24,354)$ 0.00% State Grants 198,577 203,626 203,626 47,712 (155,914) 23.43% USDA Grant 18,958 15,000 15,000 - (15,000) 0.00% Choice Waiver 195,012 200,000 200,000 37,577 (162,423) 18.79% KPB Grant 126,207 126,207 126,207 - (126,207) 0.00% United Way 9,598 15,000 15,000 822 (14,178) 5.48% Rents & Leases 8,324 13,000 13,000 2,062 (10,938) 15.86% Miscellaneous Donations 40,797 25,000 25,000 50 (24,950) 0.20% Donations - Senior Connection 50,000 50,000 50,000 - (50,000) 0.00% Meal Donations 82,836 82,500 82,500 17,025 (65,475) 20.64% Ride Donations 6,870 7,000 7,000 1,285 (5,715) 18.36% Transfer from General Fund - Operations 176,739 170,857 170,857 - (170,857) 0.00% Transfer from General Fund - Capital - 45,670 45,670 - (45,670) 0.00% Other (40) 300 300 15 (285) 5.00% Total Revenues 913,878 978,514 978,514 106,548 (871,966) 10.89% EXPENDITURES & TRANSFERS Senior Citizen Access 157,065$ 157,364$ 157,364$ 31,527$ 125,837$ 79.97% Congregate Meals 220,661 285,370 285,370 48,147 237,223 83.13% Home Meals 205,563 209,875 209,875 39,835 170,040 81.02% Senior Transportation 80,086 81,234 81,234 18,283 62,951 77.49% Choice Waiver 250,503 244,671 244,671 52,065 192,606 78.72% Total Expenditures 913,878 978,514 978,514 189,857 788,657 80.60% Transfer to other funds - - - - - - - Total Transfer to other funds - - - - - - Total Expenditures & Transfers 913,878 978,514 978,514 189,857 788,657 80.60% Net Revenues over Expenditures -$ -$ -$ (83,309)$ (83,309)$ * Note: The original budget includes outstanding encumbrances at 6/30/2017. 51 MEMORANDUM TO: Mayor Brian Gabriel and Kenai City Council THROUGH: Paul Ostrander, City Manager FROM: Terry Eubank, Finance Director DATE: October 23, 2018 SUBJECT: September 2018 Quarterly Investment Report City of Kenai Investment Portfolio At September 30, 2018 the City had investments with a market value of $22,219,299 that is up from $20,753,883 at June 30, 2018. The City’s portfolio is yielding 1.89% that is up from 1.66% at June 30, 2018. The Federal Reserve (Fed) increased the Federal Funds Rate again in September, the third rate hike in 2018 and fourth in the last year, which has pushed the portfolio’s yield higher but devalued many of the assets held in the portfolio. There is an inverse relationship between bond values and interest rates meaning when interest rates increase, bond values decrease. Fair market value adjustments to the portfolio through September 30, 2018 are a negative $260,273. The relative short duration of the portfolio has limited the negative adjustment and rising interest rates are a welcome event and should increase the City’s investment revenues in years to come. City’s Investment Portfolio US Agency Securities $ 3,951,025 AML Investment Pool 2,987,043 Wells Fargo Money Market 1,862,051 FDIC Insured Certificates of Deposit 12,360,495 Bank Balance 1,058,685 Total $ 22,219,299 Permanent Fund Investments The third quarter 2018 saw significant volatility in the equity markets fueled by U.S. trade war concerns and the fourth increase in the Federal Funds Rate in less than a year. Current projections show a 72% chance of another short term interest rate increase in December 2018. Equities rallied in the third quarter and propelled the portfolio which had a return of 2.21% for the third quarter 2018 and a year to date return of 2.53%. Since inception the portfolio has returned 8.36%. As of September 30, 2018 the portfolio value was $28,450,719, comprised of $25,156,764 (88.42%) Airport Land Sale Permanent Fund, $3,146,501 (11.06%) General Land Sale Permanent Fund monies, and $147,454 (0.50%) Kenai Community Foundation holdings. 52 CITY OF KENAI Investments 09-30-18 COK CITY OF KENAI INVESTMENTS 9/30/2018 Current year cost or Unrealized Expected Call 06/30/18 09/30/18 Gain Accrued EFFECT. SECURITY or Maturity CUSIP original cost Market Value Market Value or Loss Interest RATE FHLMC 1.35 12/17/18 1 TIME 12/17/15 3134G6S95 1,498,500 1,494,750.00 1,497,135.00 2,385.00 5,850.00 1.380 FHLMC 1.70 8/24/20 1 TIME 5/24/18 w/ 5 days 3134GBMD1 1,000,000 978,760.00 979,010.00 250.00 1,747.22 1.700 FNMA 1.375 3/30/21 9/30/2016 Quarterly w/10 days. Step 3/17 1.50, 3/18 1.75, 3/19 2.0, 3/20 3.25 3136G3DV4 500,000 485,080.00 483,840.00 (1,240.00) 3,456.60 1.750 FNMA 1.50 5/25/21 11/25/2016 Quarterly w/10 days. 3136G3MW2 502,479 481,300.00 480,135.00 (1,165.00) 2,625.00 1.500 TVA 3.875 2/15/21 Bullet 880591EL2 555,678 514,815.00 510,905.00 (3,910.00) 2,475.69 1.370 TOTAL 4,056,656.88 3,954,705.00 3,951,025.00 (3,680.00) 16,154.51 1.540 FDIC Insured CD's CD - 12/31/10 1.95 AXP 11/20/18 35328 02587CCV0 247,106 246,938.25 247,004.94 66.69 1,768.25 1.950 2.00 AXP 11/28/18 27471 02587DWJ3 247,000 246,881.44 246,977.77 96.33 1,705.32 2.000 3.10 BANK MIDWEST CD 9/15/23 5170 063615BMP 245,000 245,000.00 242,331.95 (2,668.05) 291.32 3.100 1.60 BPRN 10/28/19 58513 064520AH2 245,000 242,040.40 242,518.15 477.75 42.96 1.600 2.30 BACR 10/18/22 57203 06740KLD7 245,000 236,385.80 236,532.80 147.00 2,562.77 2.300 1.65 BHLB 10/28/19 23621 084601KU6 245,000 242,199.65 242,660.25 460.60 1,749.90 1.650 1.35 BRKL 12/28/18 17798 11373QCQ9 247,000 246,063.87 246,543.05 479.18 27.41 1.350 2.4 COF 4/19/22 33954 1404202E9 247,000 240,825.00 240,780.54 (44.46) 2,679.78 2.400 2.4 COF 8/30/22 4297 14042RHS3 245,000 237,809.25 237,828.85 19.60 467.18 2.400 1.65 CATY 10/28/19 18503 149159LK9 245,000 242,199.65 242,648.00 448.35 1,738.83 1.650 2.60 CENBKK 6/18/20 35450 156444BG5 245,000 245,000.00 244,186.60 (813.40) 226.88 2.600 3.15 CFBANK 9/18/23 28263 15721UCQ0 245,000 245,000.00 242,866.05 (2,133.95) 274.87 3.150 3.30 C 9/7/23 7213 17312QS34 245,000 245,000.00 244,595.75 (404.25) 531.62 3.300 1.70 ADS 8/28/19 57570 20033AWB8 245,000 242,885.65 243,341.35 455.70 34.23 1.700 1.65 CWBKNA 12/30/19 57176 20084TJW4 247,000 243,549.41 244,055.76 506.35 357.30 1.650 2.75 DISCOVER BANK 9/21/20 5649 254673TS5 245,000 245,000.00 244,301.75 (698.25) 221.51 2.750 2.55 CMS 1/18/22 57293 29278TAK6 245,000 240,724.75 240,597.35 (127.40) 256.75 2.550 2.55 FRMRBT 3/19/20 1291 309162AE5 245,000 245,000.00 244,465.90 (534.10) 205.40 2.550 1.60 FRME 12/30/19 4365 32082BEL9 247,000 243,369.10 243,902.62 533.52 346.48 1.600 2.30 FINN 02/21/20 5452 332135HH8 245,000 243,576.55 243,750.50 173.95 154.38 2.300 2.70 FRC 7/7/20 59017 33616CBR0 245,000 245,000.00 244,505.10 (494.90) 434.96 2.700 3.10 SRCE 10/21/22 9087 33646CKJ2 245,000 245,000.00 245,513.06 513.06 324.82 3.100 1.50 FSBDQN 6/28/19 21805 336460CC2 247,000 244,858.51 243,922.00 (936.51) 208.08 1.500 1.80 FFIC 12/10/18 58564 34387ABA6 247,000 246,540.58 246,819.69 279.11 194.89 1.800 2.35 GS 8/30/22 33124 38148PNS2 245,000 237,333.95 237,380.50 46.55 457.45 2.350 2.30 HSBC 7/14/22 57890 40434YLE5 245,000 237,341.30 237,329.05 (12.25) 1,219.63 2.300 2.60 IBKC 3/23/20 28100 45083AKP6 245,000 245,000.00 244,625.15 (374.85) 174.52 2.600 1.65 ILBKIL 10/31/19 33708 45906ABU0 245,000 242,177.60 242,628.40 450.80 343.34 1.650 2.30 KENNEB 08/24/20 17897 489265AZ1 245,000 242,243.75 242,420.15 176.40 617.53 2.300 1.65 KEY 10/25/19 17534 49306SZA7 245,000 242,226.60 242,684.75 458.15 1,760.98 1.650 2.25 MBFI 2/14/20 3628 55266CYJ9 245,030 243,432.00 243,625.55 193.55 256.75 2.250 1.70 MSBKGR 10/24/19 5766 56062HAD1 245,000 242,395.65 242,812.15 416.50 79.88 1.700 1.70 MERICK 8/30/19 34519 59013JA25 245,000 242,868.50 243,321.75 453.25 365.15 1.700 2.60 MS 2/15/22 32992 61747MK83 245,000 240,996.70 240,832.55 (164.15) 820.25 2.600 1.75 MS 9/30/19 34221 61760ADR7 245,000 242,981.20 243,392.80 411.60 399.38 1.700 2.05 NTLNYC 8/30/22 18734 634116CM7 245,000 234,438.05 234,643.85 205.80 440.33 2.050 2.15 NRTHFL 10/25/22 28710 66612ABX5 245,000 234,842.30 235,077.50 235.20 2,294.61 2.150 2.80 ORIENTAL BANK 9/14/20 31469 68621KCC3 245,000 245,000.00 244,576.15 (423.85) 357.10 2.750 2.00 SALLMA 2 11/26/18 58177 795450VE2 247,000 246,854.27 246,967.89 113.62 1,732.38 2.000 2.10 SMARTB 11/27/19 58463 83172HDR8 245,000 243,436.90 243,647.60 210.70 42.29 2.100 1.75 SOWNAT 5/8/20 4801 845182BA1 245,000 240,563.05 241,129.00 565.95 270.17 1.750 1.35 STBFLO 12/28/18 15146 856191AY7 247,000 246,063.87 246,543.05 479.18 292.34 1.350 2.75 SBIIN 02/16/23 33682 856285HZ7 245,000 239,877.05 239,913.80 36.75 849.11 2.750 2.35 SYF 10/20/22 27314 87164WTC2 245,000 236,856.20 236,978.70 122.50 2,586.93 2.350 2.15 EVER 10/28/22 34775 87270LAV5 245,000 234,785.95 235,023.60 237.65 2,222.45 2.150 2.05 THFDSL 10/27/21 30012 88413QBT4 245,000 237,356.00 237,532.40 176.40 2,160.36 2.050 1.60 TWNBNK 10/28/19 18487 89210PBL6 245,000 242,040.40 242,518.15 477.75 42.96 1.600 3.00 TOWN 9/27/21 35095 89214PCA5 245,000 245,000.00 244,412.00 (588.00) 100.68 3.000 2.80 UBS 9/14/20 57565 90348JDQ0 245,000 245,000.00 244,573.70 (426.30) 319.51 2.800 1.70 WEX 10/18/19 34697 92937CGA0 245,000 242,449.55 242,873.40 423.85 1,894.22 1.700 2.00 WFC 10/27/22 3511 94986T2N6 245,000 240,016.70 240,381.75 365.05 2,107.67 2.000 TOTAL FDIC Insured CD's 12,515,135.78 12,360,425.40 12,360,495.12 69.72 41,013.86 2.176 WELLS MONEY MKT 1,862,051.23 1,862,051.23 1,862,051.23 - 4,171.84 1.605 AML POOL - City ACCT Agreed to Amlip 2,987,042.57 2,987,042.57 2,987,042.57 - 3,985.68 2.020 Agreed to GL 21,420,886.46 21,164,224.20 21,160,613.92 (3,610.28) 65,325.89 WF Cash Agreed to WF 1,058,684.71 1,058,684.71 1,058,684.71 - - 0.000 TOTAL 22,479,571.17 22,222,908.91 22,219,298.63 (3,610.28) 65,325.89 MONTHS (260,272.54) TOTAL CURRENT YIELD 1.8865% Max/Min Return Actual Difference Maturity over 2 years 30% Maximum 6,665,789.59 2.2898% 6,025,432 640,357.54 OK Liquidity 20% Minimum 4,443,859.73 1.5454% 9,616,355 (5,172,495.28) OK Maturity 1 - 2 years 2.0156% 6,577,512 1.8865% 22,219,299 53 CITY OF KENAI PERMANENT FUND INVESTMENT PORTFOLIO SUMMARY September 30, 2018 Current or Current Average Portfolio Target Portfolio 30-Sep-17 31-Dec-17 31-Mar-18 30-Jun-18 30-Sep-18 Yield Weight Weight Maximum Fixed Income Cash & Cash Equivalents 1,477,048 1,800,796 2,100,230 1,403,998 90,388 1.61% 0.32% Total Cash & Cash Equivalents 1,477,048 1,800,796 2,100,230 1,403,998 90,388 Government & Corporate Securities Government Securities 4,757,095 4,868,584 4,902,429 5,372,788 7,514,414 2.72% 26.41% Corporate Securities 5,738,396 5,851,724 5,661,962 5,577,526 5,166,325 3.40%18.16% Total Government & Corporate Securities 10,495,491 10,720,308 10,564,391 10,950,314 12,680,739 3.00%44.57% Total Fixed Income 11,972,539 12,521,104 12,664,621 12,354,312 12,771,127 2.96% 44.89% 45.00% 65.00% Equities Domestic Equities Standard & Poor's 500 Index 5,692,088 5,813,002 5,529,449 5,579,731 5,702,415 20.04% 20.00% 25.00% Standard & Poor's 600 Small-Cap Index 1,734,893 1,795,434 1,459,340 1,412,562 1,402,625 4.93% 5.00% 10.00% Standard & Poor's 400 Mid-Cap Index 3,126,278 3,264,216 2,879,200 2,802,375 2,819,740 9.91%10.00%15.00% Total Domestic Equities 10,553,259 10,872,652 9,867,989 9,794,668 9,924,780 34.88% 35.00% 50.00% International Equities Vanguard Europe Pacific ETF 3,182,832 3,192,147 3,335,175 2,957,795 2,893,212 10.17% 10.00% 15.00% Vanguard Emerging Market ETF 1,458,540 1,462,330 1,940,340 1,588,428 1,451,135 5.10%5.00%10.00% Total International Equities 4,641,372 4,654,477 5,275,515 4,546,223 4,344,347 15.27%15.00% 25.00% Real Estate Vanguard REIT ETF 1,080,170 1,078,740 1,056,580 1,140,300 1,410,465 4.96%5.00%10.00% Total Real Estate 1,080,170 1,078,740 1,056,580 1,140,300 1,410,465 4.96%5.00%10.00% Total Equities 16,274,801 16,605,869 16,200,084 15,481,191 15,679,592 Total Portfolio 28,247,340 29,126,973 28,864,705 27,835,503 28,450,719 2.53%100.00%100.00%150.00% Total ALSPF Balance 24,974,224 25,751,998 25,520,119 24,612,777 25,156,764 Total GLSPF Balance 3,133,627 3,231,125 3,202,031 3,078,461 3,146,501 Total Kenai Community Foundation 139,488 143,850 142,554 144,265 147,454 Fair Market Value 0.00% 25.00% 50.00% 75.00% Fixed Income Standard & Poor's500 Index Standard & Poor's600 Small-CapIndex Standard & Poor's400 Mid-Cap Index Vanguard EuropePacific ETF Vanguard EmergingMarket ETF Vanguard REIT ETF Portfolio Composition Current Portfolio Weight Target Portfolio Weight Maximum Portfolio Weight Current Month Current Quarter Year to Date Last 1 Year Inception to Date Portfolio -0.44% 2.21% 2.53% 5.73% 8.36% Benchmark -0.38% 2.40% 2.96% 5.97% 8.47% -5.00% 0.00% 5.00% 10.00% 15.00%Portfolio Performance 54 $15,000,000 $17,000,000 $19,000,000 $21,000,000 $23,000,000 $25,000,000 $27,000,000 Total ALSPF Balance Transfer of $1,195,313 to Airport Operations. Transfer of $1,147,714 to Airport Operations. Transfer of $1,184,356 to Airport Operations. Transfer of $1,210,348 to Airport Operations. $‐ $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 $3,500,000 Total GLSPF Balance Transfer of $1,158,473 to Airport Operations. Transfer of $154,172 to General Fund Operations. Transfer of $153,493 to General Fund Operations. $‐ $20,000 $40,000 $60,000 $80,000 $100,000 $120,000 $140,000 $160,000 Total Kenai Community Foundation Balance $50,000 investment. $5,000 investment. Initial investment of $66,143. Transfer of $149,802 to General Fund Operations. Transfer of $161,561 to General Fund Operations. 55 Clients are encouraged to compare this report with the official statement from their custodian.INVESTMENT PERFORMANCECurrentMonthCurrentQuarterYear toDateLatest 1YearInception toDatePortfolio-0.44 2.21 2.53 5.73 8.36Benchmark-0.38 2.40 2.96 5.97 8.47-1.000.001.002.003.004.005.006.007.008.009.00Percent Total Return (Gross)Performance is Annualized for Periods Greater than One YearCurrent Account Benchmark:Equity BlendPORTFOLIO COMPOSITIONFixed Income45%US Lg Cap20%US Md Cap10%US Sm Cap5%Int'l10%Emer Mkts5%Real Estate5%MANAGEMENT TEAMClient Relationship Manager: Amber Frizzell, AIF®Amber@apcm.netYour Portfolio Manager: Bill Lierman, CFA®Contact Phone Number: 907/272 -7575ACCOUNT ACTIVITYPortfolio Value on 08-31-18 28,577,314Contributions 0Withdrawals -403Change in Market Value -211,732Interest 25,307Dividends 60,233Portfolio Value on 09-30-18 28,450,719CITY OF KENAI PERMANENT FUNDSAccount Statement - Period Ending September 30, 201856 Alaska Permanent Capital Management Co. PORTFOLIO SUMMARY AND TARGET CITY OF KENAI PERMANENT FUNDS September 30, 2018 % Asset Class & Target Market Value Assets Range FIXED INCOME (45%) US Fixed Income (40.0%) 11,378,835 40.0 35% to 65% Cash (5.0%) 1,430,629 5.0 0% to 10% Subtotal: 12,809,464 45.0 EQUITY (50%) US Large Cap (20.0%) 5,680,427 20.0 15% to 25% US Mid Cap (10.0%) 2,807,995 9.9 5% to 15% US Small Cap (5.0%) 1,398,021 4.9 0% to 10% Developed International Equity (10.0%) 2,893,212 10.2 5% to 15% Emerging Markets (5.0%) 1,451,134 5.1 0% to 10% Subtotal: 14,230,790 50.0 ALTERNATIVE INVESTMENTS (5%) Real Estate (5.0%) 1,410,464 5.0 0% to 10% Subtotal: 1,410,464 5.0 TOTAL PORTFOLIO 28,450,719 100 57 Alaska Permanent Capital Management Co.PORTFOLIO APPRAISALCITY OF KENAI PERMANENT FUNDSSeptember 30, 2018YieldAverage Total Market Pct. Annual Accrued toQuantity Security Cost Average Cost Price Value Assets Income Interest MaturityFNMA & FHLMC23,636 FHLMC POOL G14203 104.5624,714 102.31 24,182 0.08 945 79 1.434.000% Due 04-01-26Accrued Interest79 0.0024,714 24,261 0.09 79CASH AND EQUIVALENTSCASH RECEIVABLE 2,635 2,635 0.01 NADIVIDEND ACCRUAL 38,337 38,337 0.13WF ADV GOVT MM FD-INSTL #1751 89,878 89,878 0.32130,850 130,850 0.46CORPORATE BONDS200,000 TOYOTA MOTOR CREDIT CORP 100.48200,958 99.91 199,828 0.70 4,200 863 2.382.100% Due 01-17-19200,000 MICROSOFT CORP 117.24 234,472 100.96 201,928 0.71 8,400 2,800 2.734.200% Due 06-01-19200,000 TORONTO-DOMINION BANK 101.89203,782 99.37 198,7360.70 4,500 75 2.902.250% Due 09-25-19200,000 HSBC USA INC 99.61 199,216 99.34 198,676 0.70 4,750 1,821 2.982.375% Due 11-13-19250,000 CAPITAL ONE 99.94 249,850 98.89 247,220 0.87 5,875 995 3.212.350% Due 01-31-20200,000 ENTERPRISE PRODUCTS OPER 112.75 225,494 103.60 207,194 0.73 10,400 867 3.255.200% Due 09-01-20250,000 PNC BANK NA 99.72 249,30098.34 245,855 0.86 6,125 2,484 3.272.450% Due 11-05-20200,000 NBC UNIVERSAL MEDIA LLC 109.20 218,408 102.45 204,904 0.72 8,750 4,375 3.354.375% Due 04-01-21200,000 AMERICAN EXPRESS CREDIT 99.92 199,850 97.47 194,950 0.69 4,500 1,825 3.272.250% Due 05-05-21200,000 MORGAN STANLEY 114.98 229,964 105.27 210,532 0.74 11,000 1,925 3.535.500% Due 07-28-21200,000 GILEAD SCIENCES INC 96.28 192,564 95.66 191,322 0.67 3,900 325 3.301.950% Due 03-01-22200,000 BANK AMER CORP 99.34 198,686 98.61 197,224 0.69 6,600 1,467 3.653.300% Due 01-11-23200,000 AVALONBAY COMMUNITIES 100.82 201,632 96.95 193,894 0.68 5,700 253 3.602.850% Due 03-15-23150,000 DISCOVERY COMMUNICATIONS 98.88 148,320 96.41 144,619 0.51 4,875 2,437 4.133.250% Due 04-01-23150,000 NEWELL BRANDS INC 106.01 159,022 97.87 146,812 0.52 5,775 2,887 4.383.850% Due 04-01-23158 Alaska Permanent Capital Management Co.PORTFOLIO APPRAISALCITY OF KENAI PERMANENT FUNDSSeptember 30, 2018YieldAverage Total Market Pct. Annual Accrued toQuantity Security Cost Average Cost Price Value Assets Income Interest Maturity200,000 AFLAC INC 104.97 209,950100.21 200,430 0.70 7,250 2,135 3.573.625% Due 06-15-23200,000 BANK OF NEW YORK MELLON 97.83195,666 93.90 187,792 0.66 4,400 550 3.572.200% Due 08-16-23200,000 JPMORGAN CHASE & CO 105.18 210,362 100.74 201,478 0.71 7,750 1,292 3.723.875% Due 02-01-24200,000 METLIFE INC 105.46 210,930 100.35 200,708 0.71 7,200 3,420 3.533.600% Due 04-10-24175,000 PRUDENTIAL FINANCIAL INC 103.15 180,505 99.98 174,972 0.62 6,125 2,314 3.503.500% Due 05-15-24200,000 WELLS FARGO & COMPANY 99.88 199,764 96.94 193,876 0.68 6,600 403 3.883.300% Due 09-09-24150,000 KIMCO REALTY CORP 94.92 142,377 94.88 142,323 0.50 4,950 825 4.233.300% Due 02-01-25150,000 REYNOLDS AMERICAN INC 108.47 162,700 100.74 151,105 0.53 6,675 2,021 4.324.450% Due 06-12-25200,000 APPLIED MATERIALS INC 107.96 215,912 100.42 200,844 0.71 7,800 3,900 3.833.900% Due 10-01-25150,000 CITIGROUP INC 101.65 152,470 97.03 145,539 0.51 5,550 1,218 4.183.700% Due 01-12-26150,000 ANHEUSER-BUSCH INBEV FIN 103.01 154,519 97.17 145,755 0.51 5,475 912 4.103.650% Due 02-01-26200,000 LOWE'S COS INC 100.05 200,098 95.43 190,868 0.67 6,200 2,549 3.733.100% Due 05-03-27Accrued Interest46,939 0.165,346,773 5,166,325 18.16 46,939DOMESTIC LARGE CAP EQUITY FUNDS/ETF17,900 FLEXSHARES QUAL DIV ETF 40.67 727,921 47.33 847,207 2.98 NA16,625 SPDR S&P 500 ETF 135.18 2,247,390 290.72 4,833,220 16.99 NA2,975,311 5,680,427 19.97DOMESTIC MID CAP EQUITY FUNDS/ETF13,950 ISHARES CORE S&P MIDCAP 400 ETF 66.27 924,472 201.29 2,807,995 9.87 NADOMESTIC SMALL CAP EQUITY FUNDS/ETF16,025 ISHARES S&P SMALLCAP 600 INDEX ETF 31.00 496,780 87.24 1,398,021 4.91 NAINTERNATIONAL EQUITY FUNDS/ETF45,150 ISHARES ETF CORE MSCI EAFE 51.54 2,327,251 64.08 2,893,212 10.17 NAEMERGING MARKET FUNDS/ETF28,025 ISHARES ETF CORE MSCI EMERGING MKTS 42.08 1,179,249 51.78 1,451,134 5.10 NA259 Alaska Permanent Capital Management Co.PORTFOLIO APPRAISALCITY OF KENAI PERMANENT FUNDSSeptember 30, 2018YieldAverage Total Market Pct. Annual Accrued toQuantity Security Cost Average Cost Price Value Assets Income Interest MaturityREAL ESTATE18,275 JPMORGAN BETABUILDERS MSCI US REIT ETF 76.55 1,399,035 77.18 1,410,464 4.96 NAU.S. TREASURY 25,000 US TREASURY NOTES 99.9424,984 99.89 24,974 0.09 312 118 2.081.250% Due 11-15-18200,000 US TREASURY NOTES 99.64 199,281 98.47 196,946 0.69 2,500 1,046 2.691.250% Due 10-31-19525,000 US TREASURY NOTES 99.53 522,519 98.43 516,757 1.82 7,219 2,130 2.701.375% Due 12-15-19125,000 US TREASURY NOTES 99.85 124,807 97.92 122,402 0.43 1,562 144 2.761.250% Due 02-29-20170,000 US TREASURY NOTES 100.04 170,060 99.67 169,442 0.60 4,462 752 2.812.625% Due 07-31-20150,000 US TREASURY NOTES 100.06 150,094 95.40 143,097 0.50 1,687 426 2.881.125% Due 06-30-21375,000 US TREASURY NOTES 99.34 372,510 98.02 367,575 1.29 7,969 2,014 2.882.125% Due 06-30-21750,000 US TREASURY NOTES 100.59 754,414 97.39 730,402 2.57 15,000 6,311 2.892.000% Due 10-31-21525,000 US TREASURY NOTES 101.31 531,879 97.21 510,379 1.79 10,500 2,668 2.902.000% Due 12-31-21425,000 US TREASURY NOTES 97.12 412,765 97.19 413,049 1.45 9,031 2,282 2.922.125% Due 06-30-22350,000 US TREASURY NOTES 99.72 349,016 98.72 345,516 1.21 9,187 787 2.942.625% Due 02-28-23300,000 US TREASURY NOTES 98.24 294,727 97.97 293,907 1.03 7,500 958 2.952.500% Due 08-15-23500,000 US TREASURY NOTES 100.23 501,133 96.70 483,495 1.70 11,875 1,517 2.992.375% Due 08-15-24150,000 US TREASURY NOTES 99.71 149,561 98.39 147,592 0.52 4,125 1,042 3.012.750% Due 06-30-25105,000 US TREASURY NOTES 92.80 97,440 90.46 94,984 0.33 1,706 644 3.041.625% Due 05-15-26250,000 US TREASURY NOTES 95.26 238,145 92.52 231,290 0.81 5,000 1,889 3.052.000% Due 11-15-26190,000 US TREASURY NOTES 95.29 181,049 93.60 177,844 0.63 4,275 1,615 3.062.250% Due 11-15-27220,000 US TREASURY NOTES 98.74 217,225 97.50 214,491 0.75 6,050 773 3.062.750% Due 02-15-28Accrued Interest27,117 0.105,291,607 5,211,261 18.32 27,117360 Alaska Permanent Capital Management Co.PORTFOLIO APPRAISALCITY OF KENAI PERMANENT FUNDSSeptember 30, 2018YieldAverage Total Market Pct. Annual Accrued toQuantity Security Cost Average Cost Price Value Assets Income Interest MaturityAGENCIES250,000 FHLMC 99.73 249,32597.66 244,142 0.864,250 24 2.921.700% Due 09-29-20250,000 FEDERAL HOME LOAN BANK - STEP UP 99.85 249,625 96.60 241,507 0.85 5,000 1,889 2.882.000% Due 11-14-22300,000 FEDERAL FARM CREDIT BANK 100.00300,000 96.34 289,035 1.02 8,550 3,729 3.482.850% Due 04-24-25200,000 FHLB 99.79 199,580 98.21 196,420 0.69 7,250 242 3.873.625% Due 03-19-27Accrued Interest5,883 0.02998,530 976,988 3.43 5,883TREASURY BILLS1,300,000 US TREASURY BILLS 99.54 1,294,026 99.98 1,299,779 4.57 NA 0 1.560.000% Due 10-04-18TOTAL PORTFOLIO 22,388,600 28,450,719 100 307,283 80,018461 Alaska Permanent Capital Management Co.TRANSACTION SUMMARY CITY OF KENAI PERMANENT FUNDSFrom 09-01-18 To 09-30-18Trade Settle TradeDate Date Security Quantity AmountPURCHASESDOMESTIC LARGE CAP EQUITY FUNDS/ETF09-18-18 09-20-18 SPDR S&P 500 ETF 1,850.0000 538,547.95REAL ESTATE09-26-18 09-28-18 JPMORGAN BETABUILDERS MSCI US REIT ETF18,275.0000 1,399,035.32U.S. TREASURY 09-26-18 09-27-18 US TREASURY NOTES 425,000 412,764.652.125% Due 06-30-222,350,347.92DEPOSITS AND EXPENSESEXPENSE ACCOUNTS09-20-18 09-20-18 CUSTODIAN FEE 403.18MANAGEMENT FEES09-30-18 09-30-18 MANAGEMENT FEES 4,037.564,440.74DividendDOMESTIC LARGE CAP EQUITY FUNDS/ETF09-21-18 10-31-18 SPDR S&P 500 ETF 21,988.4109-24-18 09-28-18 FLEXSHARES QUAL DIV ETF5,883.9327,872.34DOMESTIC MID CAP EQUITY FUNDS/ETF09-26-18 10-02-18 ISHARES CORE S&P MIDCAP 400 ETF11,744.57162 Alaska Permanent Capital Management Co.TRANSACTION SUMMARY CITY OF KENAI PERMANENT FUNDSFrom 09-01-18 To 09-30-18Trade Settle TradeDate Date Security Quantity AmountDOMESTIC SMALL CAP EQUITY FUNDS/ETF09-26-18 10-02-18 ISHARES S&P SMALLCAP 600 INDEX ETF4,604.17REAL ESTATE09-24-18 09-27-18 VANGUARD REIT ETF 16,011.8060,232.88InterestAGENCIES09-19-18 09-19-18 FHLB 3,625.003.625% Due 03-19-2709-29-18 10-01-18 FHLMC 2,125.001.700% Due 09-29-205,750.00CASH AND EQUIVALENTS09-30-18 10-01-18 WF ADV GOVT MM FD-INSTL #1751510.08CORPORATE BONDS09-01-18 09-01-18 ENTERPRISE PRODUCTS OPER5,200.005.200% Due 09-01-2009-01-18 09-01-18 GILEAD SCIENCES INC 1,950.001.950% Due 03-01-2209-09-18 09-09-18 WELLS FARGO & COMPANY3,300.003.300% Due 09-09-2409-15-18 09-15-18 AVALONBAY COMMUNITIES2,850.002.850% Due 03-15-23263 Alaska Permanent Capital Management Co.TRANSACTION SUMMARY CITY OF KENAI PERMANENT FUNDSFrom 09-01-18 To 09-30-18Trade Settle TradeDate Date Security Quantity Amount09-24-18 09-25-18 TORONTO-DOMINION BANK2,250.002.250% Due 09-25-1915,550.00FNMA & FHLMC09-15-18 09-15-18 FHLMC POOL G14203 81.714.000% Due 04-01-2621,891.79PRINCIPAL PAYDOWNSFNMA & FHLMC09-15-18 09-17-18 FHLMC POOL G14203 876.46 876.464.000% Due 04-01-26876.46Purchased Accrued InterestU.S. TREASURY 09-26-18 09-27-18 US TREASURY NOTES 2,184.192.125% Due 06-30-222,184.19SALES, MATURITIES, AND CALLSDOMESTIC LARGE CAP EQUITY FUNDS/ETF09-18-18 09-20-18 FLEXSHARES QUAL DIV ETF12,175.0000 581,471.66DOMESTIC MID CAP EQUITY FUNDS/ETF09-18-18 09-20-18 ISHARES CORE S&P MIDCAP 400 ETF375.0000 76,397.84DOMESTIC SMALL CAP EQUITY FUNDS/ETF09-18-18 09-20-18 ISHARES S&P SMALLCAP 600 INDEX ETF850.0000 75,556.46364 Alaska Permanent Capital Management Co.TRANSACTION SUMMARY CITY OF KENAI PERMANENT FUNDSFrom 09-01-18 To 09-30-18Trade Settle TradeDate Date Security Quantity AmountEMERGING MARKET FUNDS/ETF09-18-18 09-20-18 ISHARES ETF CORE MSCI EMERGING MKTS2,225.0000 112,728.16INTERNATIONAL EQUITY FUNDS/ETF09-18-18 09-20-18 ISHARES ETF CORE MSCI EAFE1,525.0000 97,181.96REAL ESTATE09-26-18 09-28-18 VANGUARD REIT ETF 14,000.0000 1,109,065.58TREASURY BILLS09-27-18 09-28-18 US TREASURY BILLS 100,000 99,967.750.000% Due 10-04-182,152,369.41WithdrawCASH AND EQUIVALENTS09-04-18 09-04-18 CASH RECEIVABLE 367.09367.09465 Alaska Permanent Capital Management Co.REALIZED GAINS AND LOSSESCITY OF KENAI PERMANENT FUNDSFrom 09-01-18 Through 09-30-18Avg. CostDate Quantity Security Basis Proceeds Gain Or Loss09-15-18 876.46 FHLMC POOL G14203 916.45 876.46 -39.994.000% Due 04-01-2609-18-18 1,525.0000 ISHARES ETF CORE MSCI EAFE78,605.94 97,181.96 18,576.0209-18-18 375.0000 ISHARES CORE S&P MIDCAP 400 ETF24,851.40 76,397.84 51,546.4409-18-18 2,225.0000 ISHARES ETF CORE MSCI EMERGING MKTS93,624.55 112,728.16 19,103.6109-18-18 850.0000 ISHARES S&P SMALLCAP 600 INDEX ETF26,350.27 75,556.46 49,206.1909-18-18 12,175.0000 FLEXSHARES QUAL DIV ETF495,108.55 581,471.66 86,363.1109-26-18 14,000.0000 VANGUARD REIT ETF 540,100.05 1,109,065.58 568,965.5309-27-18 100,000 US TREASURY BILLS 99,540.50 99,967.75 427.250.000% Due 10-04-18TOTAL GAINS 794,188.15TOTAL LOSSES -39.991,359,097.71 2,153,245.87 794,148.16 66 Alaska Permanent Capital Management Co.CASH LEDGERCITY OF KENAI PERMANENT FUNDSFrom 09-01-18 To 09-30-18Trade Settle TranDate Date Code Activity Security AmountCASH RECEIVABLE09-01-18 Beginning Balance 367.0909-04-18 09-04-18 wd Transfer to WF ADV GOVT MM FD-INSTL #1751-367.0909-29-18 10-01-18 dp Interest FHLMC 2,125.001.700% Due 09-29-2009-30-18 10-01-18 dp Interest WF ADV GOVT MM FD-INSTL #1751510.0809-30-18 Ending Balance 2,635.08WF ADV GOVT MM FD-INSTL #175109-01-18 Beginning Balance 248,048.0709-01-18 09-01-18 dp Interest ENTERPRISE PRODUCTS OPER 5,200.005.200% Due 09-01-2009-01-18 09-01-18 dp Interest GILEAD SCIENCES INC 1,950.001.950% Due 03-01-2209-04-18 09-04-18 dp Transfer from CASH RECEIVABLE 367.0909-09-18 09-09-18 dp Interest WELLS FARGO & COMPANY 3,300.003.300% Due 09-09-2409-15-18 09-15-18 dp Interest AVALONBAY COMMUNITIES 2,850.002.850% Due 03-15-2309-15-18 09-15-18 dp Interest FHLMC POOL G14203 81.714.000% Due 04-01-2609-15-18 09-17-18 dp Paydown FHLMC POOL G14203 876.464.000% Due 04-01-2609-18-18 09-20-18 wd Purchase SPDR S&P 500 ETF -538,547.9509-18-18 09-20-18 dp Sale ISHARES ETF CORE MSCI EAFE 97,181.9609-18-18 09-20-18 dp Sale ISHARES CORE S&P MIDCAP 400 ETF76,397.84167 Alaska Permanent Capital Management Co.CASH LEDGERCITY OF KENAI PERMANENT FUNDSFrom 09-01-18 To 09-30-18Trade Settle TranDate Date Code Activity Security Amount09-18-18 09-20-18 dp Sale ISHARES ETF CORE MSCI EMERGING MKTS112,728.1609-18-18 09-20-18 dp Sale ISHARES S&P SMALLCAP 600 INDEX ETF75,556.4609-18-18 09-20-18 dp Sale FLEXSHARES QUAL DIV ETF 581,471.6609-19-18 09-19-18 dp Interest FHLB 3,625.003.625% Due 03-19-2709-20-18 09-20-18 wd Expense CUSTODIAN FEE -403.1809-24-18 09-25-18 dp Interest TORONTO-DOMINION BANK 2,250.002.250% Due 09-25-1909-24-18 09-27-18 dp Dividend VANGUARD REIT ETF 16,011.8009-24-18 09-28-18 dp Dividend FLEXSHARES QUAL DIV ETF 5,883.9309-26-18 09-27-18 wd Purchase US TREASURY NOTES -412,764.652.125% Due 06-30-2209-26-18 09-27-18 wd Accrued Interest US TREASURY NOTES -2,184.192.125% Due 06-30-2209-26-18 09-28-18 wd Purchase JPMORGAN BETABUILDERS MSCI US REIT ETF-1,399,035.3209-26-18 09-28-18 dp Sale VANGUARD REIT ETF 1,109,065.5809-27-18 09-28-18 dp Sale US TREASURY BILLS 99,967.750.000% Due 10-04-1809-30-18 Ending Balance 89,878.18DIVIDEND ACCRUAL09-01-18 Beginning Balance 0.0009-21-18 10-31-18 dp Dividend SPDR S&P 500 ETF 21,988.4109-26-18 10-02-18 dp Dividend ISHARES CORE S&P MIDCAP 400 ETF11,744.57268 Alaska Permanent Capital Management Co.CASH LEDGERCITY OF KENAI PERMANENT FUNDSFrom 09-01-18 To 09-30-18Trade Settle TranDate Date Code Activity Security Amount09-26-18 10-02-18 dp Dividend ISHARES S&P SMALLCAP 600 INDEX ETF4,604.1709-30-18 Ending Balance 38,337.15369 Alaska Permanent Capital Management Co.PORTFOLIO APPRAISALCITY OF KENAI PERMANENT FUNDSSeptember 30, 2018Security Unit Total Market Accrued AnnualCusip9 Original Face QuantitySecurity Symbol Cost Cost Price Value Interest IncomeFNMA & FHLMC3128MC3L7 256,397.0000 23,636.0000 FHLMC POOL G14203 3128MC3L7 104.5625013 24,714.39 102.31000 24,181.99 78.79 945.444.000% Due 04-01-26Accrued I78.7924,714.39 24,260.78 78.79 945.44CASH AND EQUIVALENTSCASH RECEIVABLE RECEIVABLE 2,635.08 2,635.08 0.00DIVIDEND ACCRUAL divacc 38,337.15 38,337.15 0.00VP4560000 WF ADV GOVT MM FD-INSTL #1751 WFAGM 89,878.18 89,878.18 0.00130,850.41 130,850.41 0.00CORPORATE BONDS001055AL6 200,000.0000 200,000.0000 AFLAC INC 001055AL6 104.9750000 209,950.00 100.21500 200,430.00 2,134.72 7,250.003.625% Due 06-15-230258M0EB1 200,000.0000 200,000.0000 AMERICAN EXPRESS CREDIT 0258M0EB1 99.9250000 199,850.00 97.47500 194,950.00 1,825.00 4,500.002.250% Due 05-05-21035242AP1 150,000.0000 150,000.0000 ANHEUSER-BUSCH INBEV FIN 035242AP1 103.0130000 154,519.50 97.17000 145,755.00 912.50 5,475.003.650% Due 02-01-26038222AJ4 200,000.0000 200,000.0000 APPLIED MATERIALS INC 038222AJ4 107.9560000 215,912.00 100.42200 200,844.00 3,900.00 7,800.003.900% Due 10-01-2505348EAR0 200,000.0000 200,000.0000 AVALONBAY COMMUNITIES 05348EAR0 100.8160000 201,632.00 96.94700 193,894.00 253.33 5,700.002.850% Due 03-15-2306051GEU9 200,000.0000 200,000.0000 BANK AMER CORP 06051GEU9 99.3430000 198,686.00 98.61200 197,224.00 1,466.67 6,600.003.300% Due 01-11-2306406FAD5 200,000.0000 200,000.0000 BANK OF NEW YORK MELLON 06406FAD5 97.8330000 195,666.00 93.89600 187,792.00 550.00 4,400.002.200% Due 08-16-2314042RFH9 250,000.0000 250,000.0000 CAPITAL ONE 14042RFH9 99.9400000 249,850.00 98.88800 247,220.00 995.49 5,875.002.350% Due 01-31-20172967KG5 150,000.0000 150,000.0000 CITIGROUP INC 172967KG5 101.6470000 152,470.50 97.02600 145,539.00 1,217.92 5,550.003.700% Due 01-12-2625470DAH2 150,000.0000 150,000.0000 DISCOVERY COMMUNICATIONS25470DAH298.8800000 148,320.00 96.41300 144,619.50 2,437.50 4,875.003.250% Due 04-01-2329379VAP8 200,000.0000 200,000.0000 ENTERPRISE PRODUCTS OPER 29379VAP8 112.7470000 225,494.00 103.59700 207,194.00 866.67 10,400.005.200% Due 09-01-20375558BH5 200,000.0000 200,000.0000 GILEAD SCIENCES INC 375558BH5 96.2820000 192,564.00 95.66100 191,322.00 325.00 3,900.001.950% Due 03-01-2240428HPN6 200,000.0000 200,000.0000 HSBC USA INC 40428HPN6 99.6080000 199,216.00 99.33800 198,676.00 1,820.83 4,750.002.375% Due 11-13-1946625HJT8 200,000.0000 200,000.0000 JPMORGAN CHASE & CO 46625HJT8 105.1810000 210,362.00 100.73900 201,478.00 1,291.67 7,750.003.875% Due 02-01-2449446RAU3 150,000.0000 150,000.0000 KIMCO REALTY CORP 49446RAU3 94.9180000 142,377.00 94.88200 142,323.00 825.00 4,950.003.300% Due 02-01-25548661DP9 200,000.0000 200,000.0000 LOWE'S COS INC 548661DP9 100.0490000 200,098.00 95.43400 190,868.00 2,548.89 6,200.003.100% Due 05-03-2759156RBH0 200,000.0000 200,000.0000 METLIFE INC 59156RBH0 105.4650000 210,930.00 100.35400 200,708.00 3,420.00 7,200.003.600% Due 04-10-24594918AC8 200,000.0000 200,000.0000 MICROSOFT CORP 594918AC8 117.2360000 234,472.00 100.96400 201,928.00 2,800.00 8,400.004.200% Due 06-01-1961747WAL3 200,000.0000 200,000.0000 MORGAN STANLEY 61747WAL3 114.9820000 229,964.00 105.26600 210,532.00 1,925.00 11,000.005.500% Due 07-28-2163946BAE0 200,000.0000 200,000.0000 NBC UNIVERSAL MEDIA LLC 63946BAE0 109.2040000 218,408.00 102.45200 204,904.00 4,375.00 8,750.004.375% Due 04-01-21170 Alaska Permanent Capital Management Co.PORTFOLIO APPRAISALCITY OF KENAI PERMANENT FUNDSSeptember 30, 2018Security Unit Total Market Accrued AnnualCusip9 Original Face QuantitySecurity Symbol Cost Cost Price Value Interest Income651229AV8 150,000.0000 150,000.0000 NEWELL BRANDS INC651229AV8 106.0150000 159,022.50 97.87500 146,812.50 2,887.50 5,775.003.850% Due 04-01-2369353REU8 250,000.0000 250,000.0000 PNC BANK NA 69353REU8 99.7200000 249,300.00 98.34200 245,855.00 2,484.03 6,125.002.450% Due 11-05-2074432QBZ7 175,000.0000 175,000.0000 PRUDENTIAL FINANCIAL INC 74432QBZ7 103.1460000 180,505.50 99.98400 174,972.00 2,313.89 6,125.003.500% Due 05-15-24761713BG0 150,000.0000 150,000.0000 REYNOLDS AMERICAN INC 761713BG0 108.4670000 162,700.50 100.73700 151,105.50 2,021.04 6,675.004.450% Due 06-12-2589236TBB0 200,000.0000 200,000.0000 TOYOTA MOTOR CREDIT CORP 89236TBB0 100.4790000 200,958.00 99.91400 199,828.00 863.33 4,200.002.100% Due 01-17-1994974BGA2 200,000.0000 200,000.0000 WELLS FARGO & COMPANY 94974BGA2 99.8820000 199,764.00 96.93800 193,876.00 403.33 6,600.003.300% Due 09-09-24C8888LBA7 200,000.0000 200,000.0000 TORONTO-DOMINION BANK C8888LBA7 101.8910000 203,782.00 99.36800 198,736.00 75.00 4,500.002.250% Due 09-25-19Accrued I46,939.315,346,773.50 5,166,324.81 46,939.31 171,325.00DOMESTIC LARGE CAP EQUITY FUNDS/ETF33939L860 17,900.0000 17,900.0000 FLEXSHARES QUAL DIV ETF QDF 40.6660000 727,921.40 47.33000 847,207.00 0.0078462F103 16,625.0000 16,625.0000 SPDR S&P 500 ETF SPY 135.1813502 2,247,389.95 290.72000 4,833,220.00 0.002,975,311.35 5,680,427.00 0.00DOMESTIC MID CAP EQUITY FUNDS/ETF464287507 13,950.0000 13,950.0000 ISHARES CORE S&P MIDCAP 400 ETF IJH 66.2703926 924,471.98 201.29000 2,807,995.50 0.00DOMESTIC SMALL CAP EQUITY FUNDS/ETF464287804 16,025.0000 16,025.0000 ISHARES S&P SMALLCAP 600 INDEX ETF IJR 31.0003210 496,780.14 87.24000 1,398,021.00 0.00INTERNATIONAL EQUITY FUNDS/ETF46432F842 45,150.0000 45,150.0000 ISHARES ETF CORE MSCI EAFE IEFA 51.5448766 2,327,251.18 64.08000 2,893,212.00 0.00EMERGING MARKET FUNDS/ETF46434G103 28,025.0000 28,025.0000 ISHARES ETF CORE MSCI EMERGING MKTS IEMG 42.0784500 1,179,248.56 51.78000 1,451,134.50 0.00REAL ESTATE46641Q738 18,275.0000 18,275.0000 JPMORGAN BETABUILDERS MSCI US REIT ETF BBRE 76.5546003 1,399,035.32 77.18000 1,410,464.50 0.00U.S. TREASURY 9128283F5 190,000.0000 190,000.0000 US TREASURY NOTES 9128283F5 95.2890632 181,049.22 93.60200 177,843.80 1,614.74 4,275.002.250% Due 11-15-279128283W8 220,000.0000 220,000.0000 US TREASURY NOTES 9128283W8 98.7386364 217,225.00 97.49600 214,491.20 772.69 6,050.002.750% Due 02-15-289128284A5 350,000.0000 350,000.0000 US TREASURY NOTES 9128284A5 99.7187514 349,015.63 98.71900 345,516.50 786.77 9,187.502.625% Due 02-28-23912828D56 500,000.0000 500,000.0000 US TREASURY NOTES 912828D56 100.2265620 501,132.81 96.69900 483,495.00 1,516.64 11,875.002.375% Due 08-15-24912828F96 750,000.0000 750,000.0000 US TREASURY NOTES 912828F96 100.5885427 754,414.07 97.38700 730,402.50 6,311.48 15,000.002.000% Due 10-31-21912828M64 25,000.0000 25,000.0000 US TREASURY NOTES 912828M64 99.9375018 24,984.38 99.89500 24,973.75 118.04 312.501.250% Due 11-15-18912828R36 105,000.0000 105,000.0000 US TREASURY NOTES 912828R36 92.8002280 97,440.24 90.46100 94,984.05 644.48 1,706.251.625% Due 05-15-26271 Alaska Permanent Capital Management Co.PORTFOLIO APPRAISALCITY OF KENAI PERMANENT FUNDSSeptember 30, 2018Security Unit Total Market Accrued AnnualCusip9 Original Face QuantitySecurity Symbol Cost Cost Price Value Interest Income912828S27 150,000.0000 150,000.0000 US TREASURY NOTES 912828S27 100.0625000 150,093.75 95.39800 143,097.00 426.46 1,687.501.125% Due 06-30-21912828TV2 200,000.0000 200,000.0000 US TREASURY NOTES 912828TV2 99.6406229 199,281.25 98.47300 196,946.00 1,046.20 2,500.001.250% Due 10-31-19912828U24 250,000.0000 250,000.0000 US TREASURY NOTES 912828U24 95.2578120 238,144.53 92.51600 231,290.00 1,888.59 5,000.002.000% Due 11-15-26912828U73 525,000.0000 525,000.0000 US TREASURY NOTES 912828U73 99.5273429 522,518.55 98.43000 516,757.50 2,130.12 7,218.751.375% Due 12-15-19912828U81 525,000.0000 525,000.0000 US TREASURY NOTES 912828U81 101.3102686 531,878.91 97.21500 510,378.75 2,668.03 10,500.002.000% Due 12-31-21912828UQ1 125,000.0000 125,000.0000 US TREASURY NOTES 912828UQ1 99.8453152 124,806.64 97.92200 122,402.50 144.36 1,562.501.250% Due 02-29-20912828VS6 300,000.0000 300,000.0000 US TREASURY NOTES 912828VS6 98.2422791 294,726.84 97.96900 293,907.00 957.88 7,500.002.500% Due 08-15-23912828WR7 375,000.0000 375,000.0000 US TREASURY NOTES 912828WR7 99.3359387 372,509.77 98.02000 367,575.00 2,013.84 7,968.752.125% Due 06-30-21912828XG0 425,000.0000 425,000.0000 US TREASURY NOTES 912828XG0 97.1210941 412,764.65 97.18800 413,049.00 2,282.35 9,031.252.125% Due 06-30-22912828XZ8 150,000.0000 150,000.0000 US TREASURY NOTES 912828XZ8 99.7070333 149,560.55 98.39500 147,592.50 1,042.46 4,125.002.750% Due 06-30-25912828Y46 170,000.0000 170,000.0000 US TREASURY NOTES 912828Y46 100.0351588 170,059.77 99.67200 169,442.40 751.83 4,462.502.625% Due 07-31-20Accrued I27,116.975,291,606.55 5,211,261.42 27,116.97 109,962.50AGENCIES3130ACNX8 250,000.0000 250,000.0000 FEDERAL HOME LOAN BANK - STEP UP 3130ACNX8 99.8500000 249,625.00 96.60300 241,507.50 1,888.89 5,000.002.000% Due 11-14-223130ADUE0 200,000.0000 200,000.0000FHLB 3130ADUE0 99.7900000 199,580.00 98.21000 196,420.00 241.67 7,250.003.625% Due 03-19-273133EHGK3 300,000.0000 300,000.0000 FEDERAL FARM CREDIT BANK 3133EHGK3 100.0000000 300,000.00 96.34500 289,035.00 3,728.75 8,550.002.850% Due 04-24-253134GBH21 250,000.0000 250,000.0000 FHLMC 3134GBH21 99.7300000 249,325.00 97.65700 244,142.50 23.61 4,250.001.700% Due 09-29-20Accrued I5,882.92998,530.00 976,987.92 5,882.92 25,050.00TREASURY BILLS912796QB8 1,300,000.0000 1,300,000.0000 US TREASURY BILLS 912796QB8 99.5404971 1,294,026.46 99.98300 1,299,779.00 0.00 0.000.000% Due 10-04-18TOTAL PORTFOLIO22,388,599.84 28,450,718.83 80,017.98 307,282.94372 PURCHASE ORDERS BETWEEN $2,500 .00 AND $15,000.00 FOR COUNCIL REVIEW COUNC IL MEETING OF: NOVEMBER 7, 2018 VENDOR DESCRIPTION DEPT . ALASKA SURE SEAL SNOW PLOWING/SANDING VINTAGE POINTE INGRAM LIBRARY SERVICES BOOKS LIBRARY PENINSULA CONSTRUCTION CLEAN WATER RESERVOIR #1 W/S IMPS. ACCOUNT AMOUNT PROFESSIONAL SERVICES 3,600.00 BOOKS 4,500 .00 CONSTRUCTION 2,913 .06 73 G Peninsula Community Health Services of Alaska MEDICAL• DENTAL• BEHAVIORAL HEALTH October 16 , 2018 Brian Gabriel Mayor, City of Kenai 210 Fidalgo A venue Kenai, AK 9961 I 230 East Marydale Avenue · So ldotna, Alaska· 99669 • www.pchsak.org We are a 501(c)(3) nonprofit. Please consider a donation. ADMINISTRATION Soldotna tel 907.260.7300 ·fax 907.260.7301 MEDI CAL Soldotna tel 907.262.3119 • fax 907.262 .9290 BEHAVIORAL HEAL TH Soldotna tel 907.260.3691 ·fax907.262.9290 MEDICAL Kenai tel 907.283.3600 ·fax 907.283.3601 DENT AL Kenai t e l 907.283.7759 •fax 907.283.4883 Received OCT l S 2018 RE: Letter of Concern, Inpatient Psychiatric Care in Alaska Dear Mayor Gabriel, I am writing to express my grave concern regarding the current issues surround ing inpatient p sychiatric care in the State of Alaska. Peninsula Community Health Services is the la rgest p sychiatri c provider on the Kenai Peninsula , serving over 3,000 individual s a nnually. Further, we are the Psych i atric Emergency Services provider for this area and perfonn a ll psy chiatric evaluations for the purpose of detennining the need for inpatient psychiatric care. Ov er the last year, the lack of available beds for care for this most critical population has become a daily barrier to care and beco me significantly worse over time. It is not unusual for an indi v idual that has been declared "a danger to themsel ves and others" to sit in the Emergency Department for days waiting for the appropriate level of care to be available. While waiti ng, they expose themselves, other patients , and s taff in local faci lities, to potential danger and do not receive the care they need. Alaska P sychiatric In stitute has been plagued with the clo sure of beds, and the only other beds in the system of care (those at Des ignated Evaluation and Treatment locations li ke Fairbanks Memorial Hospital) are no w threatened with the same instability. The State of Alaska i s statutoril y an d m orall y obligated to care for those who require inpatient psychiatric care and is failing in its resp onsibi lity. Please consider all owing local ho spitals to upgrade small units of inpa tient care to a lev el safe for psychiatric need s, allow them to bill their day rate for services, and allow them to care for these patients in local hospitals for stabili zation near friends and family. This course of action would both decrease th e cost of care to the stat e, and increase accessibility to care for this critical population. Sincerely, 'flk&~~"-tvi--- Melody Douglas Chairperson of the Bo ard Board of Directors A ~.L~ J, ~ A lb ert E. Wall Chief Executive Officer 74 Officers: President—June Harris Vice President—Virginia Walters Secretary—Sharon Fisher Treasurer—Katherine Thompson Board of Directors: Joe Harris Betty Idleman Bill Nelson Dave Thompson Frosty Walters KENAI HISTORICAL SOCIETY NEWSLETTER Written by Sharon Fisher If you would like to contribute ideas and information to the newsletter, please contact me at 776-8254. I welcome and would entertain any ideas you may have for articles, and would appreciate being contacted if you see errors in the information con- tained in the newsletter. August 2018 Newsletter Kenai Historical Society P.O. Box 1348 Kenai, Alaska 99611 Preserving History The Society was asked by Phil Morin if we could assist them in locat- ing photos, news articles, and historic information on some of the characters and events depicted in their upcoming production of “The Ballad of Kenai”. After reading the script to get a sense of what would be portrayed in the production, we began to pull information from our files about the building of Wildwood, the history of the oil indus- try, the formation of the City of Kenai, and information on Joe Con- ciel, Eadie Henderson, and Bertha Porter. Our files did reveal some information and photos, which will be used as a historic display in the lobby of Kenai Central High School during the November perfor- mance. This has presented us with an opportunity to move forward on a pro- ject that I have had in mind for some time, that of doing an interview with the descendants of Bertha and Morris Porter. Bertha is the basis of the character of “Gert” in The Ballad of Kenai who is the pro- vider of local taxi service. My interest in Bertha and Morrie has been from researching local business history and learning of the numerous enterprises that were developed by the Porters. Years ago, I had the pleasure of interviewing Eadie Henderson for Once Upon the Kenai. The character of Kitty is based on Eadie. While I never had the pleasure of meeting Joe Consiel (who is the basis of “Joe” in the play), his history of commercial enterprise in Ke- nai is well known, having started the first Roadhouse in the area. INSIDE THIS ISSUE: • PRESERVING HISTORY— • Kenai Performers presents “THE BALLAD OF KENAI” • Minutes of the September 2018 meeting • Announcements 75 2 “The Ballad of Kenai” by Phil Morin (director) Kenai Performers will be presenting “The Ballad of Kenai” November 15-18th at the Ke- nai Central High Auditorium. This play, written by Lance Petersen, tells a story of our local history. The story includes characters based on composites of local homesteaders, fishermen, and Native Alaskans. “The Ballad of Kenai” examines the notion of ‘progress’ and how people and cultures are affected by the changes incurred as places are populated by different groups. The play has music and song to better communicate certain aspects of the play, particularly the local Natives’ history. The songs were com- posed by Bob Richardson and lyrics were written by Frank Malone with contributions by Pat Malone, Peter Kalifornsky, Don Nickel, Doug Capra and Bunny Swan. This up - coming show will feature a song by Bunny Swan titled, “Where are the Drums” that re- inforces the existing story’s observation of the Dena’ina’s perspective of Kenai’s history. “The Ballad of Kenai” was originally conceived by Jean Mc Master in 1969 as a dance- drama. Lance Petersen, Jean’s son, developed the original concept into a two-act play with music in 1975. In 1981, Petersen re -wrote the play into a one-act play for the Alas- ka State Community Theater Festival competition. The play won both the state and re- gional competition that year winning the right to represent our state and the North - West region at the national Festival of American Community Theater competition in Kalamazoo, Michigan. “The Ballad of Kenai” earned second place in the National com- petition and received the only standing ovation of the festival. “The Ballad of Kenai” was last performed here in Kenai in 1991 when Petersen again re -wrote the play into an up-dated two-act version. This year, the Kenai Performers are pleased to produce this award-winning play to share with our community and to explore and re -examine our past, understand our present and consider our future as a community. 76 3 A scene from an earlier production of Ballad of Kenai. Left to right the characters are Kitty, Joe, Gert, and Rapid Robert. Gert was played by Marge O’Reilly. Having the opportunity to play the same part my Mom played in Ballad of Kenai is truly special. My mom played Gert three different times in this production. I have such fond memories of practicing lines with her when I was a little kid and she was in the show in 1975. Theater and the arts were an outlet for my Mom to tell stories, be creative and be part of something in the community. When Phil announced that he was going to direct Ballad, my brother Sean, sister Patty and I decided this was some- thing we want to do. The time together working on this production has been fabu- lous. I’m looking forward to a terrific show and an opportunity to tell the rich story of Kenai to old timers and Cheechackos! Margaret Gilman 77 4 Photo by D.H. Sanders The acting cast, orchestra and directors for the 1981 version of “The Ballad of Kenai.” Front left, sitting on floor: Lance Petersen, Robert Richardson; behind them: Jean McMaster, Alexander “Sascha” Petersen; standing behind McMas- ter, in white blouse: Wanda Nickel; standing, next to Nickel: Don Nickel, holding Brandi Florendo; seated, at left of table: Dave Forbes; to his right: Marj O ’Reilly; be- hind O’Reilly standing: Stan Sanders; center, between tables: Ralph Fandel, with arms around Cindy Florendo; sitting in front of right table: Brent Florendo, Rosie Murphy; seated behind right table: Barbara Petersen; standing behind Petersen: Mike Sheppard, with arm around Jean Brockel; standing on table: Lorrene Forbes; seated, to right of table: Dale Curtis; kneeling in right foreground: Barry Beckett, Ray Burton (farthest right); standing with head averted: Karen Syvrud. McMaster served as cho- reographer, Lance Petersen was the director and Richardson was conductor, and Cur- tis, Beckett, Burton and Syvrud were the orchestra. Photo by D.H. Sanders. Lance Petersen, author of “The Ballad of Kenai,” watches a rehearsal in 1981. The photos on this page and credits are from the Redoubt Reporter in an February 17, 2001 article written by Clark Fair. 78 5 P.O. Box 1348 Kenai, AK 99611 kenaihistory@gmail.com ABBREVIATED MINUTES *** SEPTEMBER 2018 On Sunday, September 9, 2018, the Kenai Historical Society met at the Kenai Visitor ’s and Convention Center in Kenai. President June Harris opened the meeting at 1:52 p.m. April 2018 minutes were reviewed and approved with a minor correction. A treasure report showed a checking balance of $11,817.08, a Money Market balance of $10,311.26 and the Edward Jones Account balance at $26,865.. The Kenai Community Foundation balance is $58.860.23. This financial report was accepted unanimously. Old Business: June Harris reported a Cabins Park Fund Balance of $11,258.30 , with $3,233.25 paid for cabin guide salary through July. Our current docent will be leaving, so will be hiring a new docent for next sum- mer. The 3 Scandinavians cabin had broken windows this summer, and the young culprits have been identified. Dr. Peter Hansen will be building his Medical History Cabin on the grounds of the KVCC. The small cabin next to Veronica’s is being “rebuilt”, thanks to Tim Wisnewski. New Business: An issue with the Civic League Building was addressed and will be taken up by the Board of Directors before January. The issue required that keys to the building be changed. The Moosemeat John cabin has received a donation of a carving of Moosemeat John Hedberg, which was donated by Marv Hedbert of Minnesota. This scupture resides in the main room of the MMJ cab- in. The Columbia Ward Cannery dismantle by Robert Peterkin resulted in a donation of several “signed” boards and a window. Plans are being made to use these materials in a display of cannery history. The Kenai Peninsula Builders have indicated a possible interest in assisting us in a building project. Sharon Fisher will follow up on a proposal to them regarding the cannery boards. The membership approved two $2000-scholarships for this next year. Money is to be taken out of the checking/savings account, allowing our investments to grow for another year. Our meeting next month is November 4, 2018, since the Kenai Peninsula Historical Association will be holding their semi-annual meeting on October 6, hosted by the Soldotna Historical Society. Respectfully submitted by Sharon Fisher, Secretary. 79 KENAI HISTORIC SOCIETY Our Organization There has been a Historic Society since the days before Kenai becom- ing a city. The Society was formed a few years before Statehood in 1959, and then went inactive in the early 60’s. It restarted in the latter part of the 60’s and has met regularly since. The Society had a museum in Fort Kenay for some years, and then continued to meet after that closed. The non-profit Society implemented and operates the Kenai Historic Cabins Park, open for tours in the summer months. We have office space at the Moosemeat John cabin, but are not open to the public in that building. Our member meetings are Sept., Nov., Dec., Jan., Feb., Mar., and April at the Kenai Visitor Center. For Oct. and May, we meet with the Kenai Peninsula Historical Association. Please check the Meet- ings and Announcements section on this page for date information. MEETINGS AND ANNOUNCEMENTS Kenai Historical Society November 4, 2018 1:30 p.m.—Open to the Public Speaker will be a selected performance from the upcoming show THE BALLAD OF KENAI A Kenai Performers Show directed by Phil Morin Kenai Central High School Auditorium November 15, 16, 17, and 18, 2018 PLEASE PLACE STAMP HERE Kenai Historic Society P.O. Box 1348 Kenai, AK 99611 Phone: 283-1946 Phone: 776-8254 E-mail: ak.kyaker@yahoo.com www.facebook.com/Kenai- Historical-Society 80 ACTION AGENDA KENAI CITY COUNCIL -REGULAR MEETING NOVEMBER 7, 2018-6:00 P.M. KENAI CITY COUNCIL CHAMBERS 210 FIDALGO AVE., KENAI, AK 99611 http ://www. kena i. city A. CALL TO ORDER 1. Pledge of Allegiance 2 . Roll Call 3 . Agenda Approval 4 . TIM NAVARRE ELECTED VICE MAYOR. Election of Vice Mayor 5 . OATH OF OFFICE ADMINISTERED TO TRISTAN SUMMERS. Administer Oath of Office -Student Representative 6. Consent Agenda (Public comment limited to three (3) minutes per speaker; thirty (30) minutes aggregated) *All items listed with an asterisk(*) are considered to be routine and non-controversial by the council and will be approved by one motion . There will be no separate discussion of these items unless a council member so requests , in which case the item will be removed from the consent agenda and considered in its normal sequence on the agenda as part of the General Orders. B. SCHEDULED PUBLIC COMMENTS (Public comment limited to ten (10) minutes per speaker) C. UNSCHEDULED PUBLIC COMMENTS (Public comment limited to three (3) minutes per speaker; thirty (30) minutes aggregated) D. PUBLIC HEARINGS 1. ENACTED UNANIMOUSLY. Ordinance No. 3045-2018 -Accepting and Appropriating a Grant from the U.S . Department of Homeland Security Passed through the State of Alaska Department of Military and Veterans' Affairs for the Purchase of Portable Police and Fire Department Radios and For the Purchase and Installation of Video Surveillance Cameras tor the City's Public Safety Building . (Administration) 2 . ADOPTED UNANIMOUSLY. Resolution No. 2018-60 -Declaring a Thirty-Three Foot (33') Wide Section Line Easement Along the Southern Boundary of Lot 2 , Waterfront Estates, Not Needed for a Public Purpose and Consenting to the Vacation of the Section Line Easement as Set Forth in the Attached Exhibit "A". {Administration) E. MINUTES 1. APPROVED BY THE CONSENT AGENDA. *Regular Meeting of October 17 , 2018 F. UNFINISHED BUSINESS -None. Kena i City Council Meeting Nov ember 7, 2018 Page 1 of 3 G. NEW BUSINESS 1. APPROVED BY THE CONSENT AGENDA. *Action/Approval -Bills to be Ratified . 2. APPROVED BY THE CONSENT AGENDA. *Action/Approval -Purchase Orders Over $15 ,000 3 . NOMINATIONS CONFIRMED. Action/Approval -Mayoral Nominations of Council Liaisons for Appointment to Committees and Commissions . H. COMMISSION/COMMITTEE REPORTS 1. Council on Ag ing 2. Airport Comm ission 3. Harbor Commission • Sub-Committee Update 4. Parks and Recreation Commission 5. Planning and Zoning Commission 6. Beautification Committee 7. Mini-Grant Steering Committee I. REPORT OF THE MAYOR J. ADMINISTRATION REPORTS 1. City Manager 2 . City Attorney 3. City Clerk K. ADDITIONAL PUBLIC COMMENT 1. Citizens Comments (Public comment limited to five (5) minutes per speaker) 2. Council Comments L. EXECUTIVE SESSION -None. M. PENDING ITEMS 1 . Action/Approval -Field of Flowers Signage (Council Member Knackstedt) [Clerk 's Note : This item was referred to the Beautification Committee and then the Airport Commission; a Motion to Construct a Sign as Outlined by the Airport Commission is on the Floor.] 2. Ordinance No. 3044-2018 -Amend ing Kenai Municipal Code Section 3 .05 .070- Citation Procedure , Amending and Renaming Kenai Municipal Code Sections 13.10.015-Minor Offense Amendable to Disposition Without Court Appearance by Payment of a Fine , and 13.30 .010-State Traffic Regulations Adopted , and Enacting a New Section of Kenai Municipal Code Section 13 .30 .015-State Traffic Bail Forfeiture Schedules Adopted by Reference , to Incorporate Additional Minor Offenses into Kenai City Code and Make Housekeeping Changes to Comply with Changes to Sta te Law and Court Procedures Regarding Minor Offenses. (Legal) [Clerk 's Note : During the Ke nai City Counci l Meeting November 7 , 2018 Page 2 of 3 10117118 Meeting, this Item was Postponed to the 1215118 Meeting; a Motion to Enact is On the Floor.] N. ADJOURNMENT INFORMATION ITEMS 1. Purchase Orders between $2,500 and $15,000 for Council Review 2. PCHS Letter of Concern Regarding Inpatient Psychiatric Care in Alaska 3. Kenai Historical Society Newsletter -October 2018 The agenda and supporting documents are posted on the City's website at www.kenai.citv. Copies of resolutions and ordinances are available at the City Clerk's Office or outside the Council Chamber prior to the meeting. For additional information, please contact the City Clerk's Office at 907-283-8231 . Kenai City Council Meeting November 7 , 2018 Page 3 of 3 CITY OF KENAI NOTICE OF ORDINANCES AND RESOLUTIONS ADOPTED AT THE NOVEMBER 7, 2018 KENAI CITY COUNCIL MEETING NOTICE IS HEREBY GIVEN the City of Kenai Council passed the following Ordinance(s) and/or Resolution(s) at the above-referenced meeting . 1. ENACTED UNANIMOUSLY. Ordinance No. 3045-2018 -Accepting and Appropriating a Grant from the U.S . Department of Homeland Security Passed through the State of Alaska Department of Military and Veterans' Affairs for the Purchase of Portable Police and Fire Department Radios and For the Purchase and Installation of Video Surveillance Cameras tor the City's Public Safety Building . (Administration) 2. ADOPTED UNANIMOUSLY. Resolution No. 2018-60 -Declaring a Thirty-Three Foot (33 ') Wide Section Line Easement Along the Southern Boundary of Lot 2, Waterfront Estates, Not Needed for a Public Purpose and Consenting to the Vacation of the Section Line Easement as Set Forth in the Attached Exhibit "A". (Administration) Copies of the ordinances and/or resolutions are available in the Office of the Kenai City Clerk. Please be advised, subject to legal limitations, ordinances and/or resolutions may have been amended by the Council prior to adoption without further public notice . NOTICE OF PUBLIC HEARING NOVEMBER 2, 2018 CITY OF KENAI COUNCIL MEETING NOTICE IS HEREBY GIVEN the City Council of the City of Kenai will conduct a public hearing on the following Ordinance(s) and/or Resolution(s) on the above-noted meeting date: 1. Ordinance No. 3045-2018 -Accepting and Appropriating a Grant from the U.S. Department of Homeland Security Passed through the State of Alaska Department of Military and Veterans ' Affairs for the Purchase of Portable Police and Fire Department Radios and For the Purchase and Installation of Video Surveillance Cameras tor the City's Public Safety Building. (Administration) 2. Resolution No. 2018-60 -Declaring a Thirty-Three Foot (33') Wide Section Line Easement Along the Southern Boundary of Lot 2, Waterfront Estates , Not Needed for a Public Purpose and Consenting to the Vacation of the Section Line Easement as Set Forth in the Attached Exhibit "A". (Administration) The public hearing will commence at 6:00 p.m., or as soon thereafter as business permits, in the Kenai City Council Chambers, 21 O Fidalgo Avenue, Kenai, Alaska, 99611 . All interested persons are invited to attend the meeting and participate in the public discussion. Written comments may be sent to the Kenai City Council, c/o Kenai City Clerk , 210 Fidalgo Avenue, Kenai, AK , 99611 . Copies of the ordinances and/or resolutions are available in the Office of the Kenai City Clerk and will be available at the meeting for public review. Please be advised, subject to legal limitations, ordinances and/or resolutions may be amended by the Council prior to adoption without further public notice .