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HomeMy WebLinkAboutORDINANCE 1746-1997{ @088~b'ITN'1'~4 suggested by: Administration City of Kenai QRDI~ICS NO. 1748-47 . AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING ESTIMATED REVENUES AND APPROpRIATION3 BY $1,517,413 IN THE TAXIWAY EXTENSION NORTH CAPITAL PROJECT FUND. WHEREAS, the engineering design work for extensfc~n of Taxiway C which was authorized by Ordinance 1720-96 i8 complete; and WHEREAS, bids for the project were opened May 29, 1997; and WHEREAS, the FAA has indicated they will participate with 93.75$ of the financing, and that the State of Alaska will participate with 3.125$ of the financing. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that estimated revenues and appropriations be increased as follows: Increase Estimated Revenues:' Federal Grant $1,422,575 State Grant 47,419 Transfer from Airport Land System _ _ 47,, 419_ S1.517.413 Increase Appropriations: Administration $ 3,000 Engineering 195,815 Construction 1.318.598 51,517.413 Airport Land System Fund Increase Estimated Revenues: Appropriation of Fund Balance $ 47,419 Increase Appropriations: Airport M & O - Transfer $ 47,419 • PA~S~ED SY THE C4U~TCIL OF~THE CITY OF KENAI, ALASKA, this 18 .day of June, 1997.._ r,. ATTEST: Carol Freas, C ty C erk • Approved by Finance: (5/16/97) kl Introduced: May 21, 1997 Postponed: June 4, 1997 Adopted: June 18, 1997 Effective: June 18, 1997 ,, . , _ _ ... ;. .~ ....- . ,, . ,.. ....... .: r ..._.