HomeMy WebLinkAboutORDINANCE 1755-1997Suggested by: Administration
City of Kenai
ORDINANCE NO.1755.97
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAt, ALASKA INCREASING
ESTIMATED REVENUES AND APPROPRIATIONS BY $3,8241N THE TAXIWAY
EXTENSION NORTH CAPITAL PROJECT FUND.
WHEREAS, the bid specifications for this project do not identify a certain vendor for
airport taxiway signage; and
WHEREAS, ail of the guidance signs at the Airport are manufactured by Lumacurve;
and
WHEREAS. the City has significant investment in inventories for Lumacurve signs; and
WHEREAS, it is in the best interest of the City to increase the project cost slightly to
purchase Lumacurve signs; and
:~~~~. WHEREAS, the FAA has indicated it wail pay 93.75% of the increased cost.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAi,
ALASKA, that estimated revenues and appropriations be increased as follows:
Tax iwav Extension North Capita, i Project Fund
Increase Estimated Revenues:
Federal Grant $3,585
State Grant 119
Transfer from Airport Land System i 20
$3,824
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increase Appropriations:
Construction 53.824
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increase Estimated Revenues:
Appropriation of Fund Balance $ 120
Increase Appropriations:
Airport M & O -Transfer $ 120
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Ordinance No. 1755-97
Page Two
PASSED BY THE COUNCIL OF THE CITY OF KENAi, ALASKA, this 20~' day of
August, 1997.
ATTEST:
. ~~;~
Carol L. Freas, ity Clerk
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introduced:
Adopted:
Effective:
August 6, 1897
August 20,1997
August 20, 1997
Approved by Finance:_,
(7/30/97)
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