HomeMy WebLinkAboutORDINANCE 1806-1998Suggested by: Administration
City of Kenai
ORDINANCE N0. 1806-98
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA
APPROPRIATING X900,000 IN THE WELL HOUSE 4 CAPITAL PROJECT FUND.
WHEREAS, the City is in need of a fourth water well and associated
infrastructure; and
WHEREAS, the State of Alaska Department of Environmental Conservation
(ADEC) has offered a X450,000 grant to pay for half of the project; and
WHEREAS, the matching money will come from a 1996 direct legislative grant
in the amount of X355,975 and a X94,025 contribution from the Water and
Sewer Special Revenue Fund; and
WHEREAS, a capital project fund titled 'Well House 4' will be used to account
for the project.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF
KENAI, ALASKA, that estimated revenues and appropriations be increased as
follows:
Section 1: In the Water and Sewer Special Revenue Fund
Increase Estimated Revenues:
Appropriation of Fund Balance 94 025
Increase Appropriations:
Transfer to Capital Project Fund 94 025
Section 2: In the Well House 4 Capital Project Fund
Increase Estimated Revenues:
State Grants ~ 805,975
Transfer from Water and Sewer Fund 94,025
900 000
Increase Appropriations:
Administration ~ 3,000
Engineering Design and Inspection 90,000
Construction 807,000
900 000
Ordinance No. 1806-98
~ Page Two
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 2nd day of
December, 1998.
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Introduced: November 18, 1998
Adopted: December 2, 1998
Effective: December 2, 1998
Approved by Finance:_
(11/13/98) kl