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HomeMy WebLinkAboutORDINANCE 1677-1996Suggested By: Finance Department City of Kenai ORDINANCE NO. 1677-96 AN ORDINANCE OF THE COUNCII. OF THE CITY OF KENAI, ALASKA INCREASING ESTIMATED REVENUES AND APPROPRIATIONS IN A NEW CAPITAL PROJECT FUND ENTITLED "WATER SYSTEM IMPROVEMENT PROJECT -FY96" AND IN A NEW CAPITAL PROJECT FUND ENTITLED "WATER SYSTEM IMPROVEMENT TELEMETRY PROJECT -FY96". WHEREAS, in August, 1994, the City received a Municipal Capital Project Matching Grant in the amount of $211,665 from the State of Alaska for a Water Quality Development Program, and, $100,074 in unencumbered grant funds remain after expenditures to dig a new production well; and WHEREAS, through Ordinance 1623-95 adopted on January 18, 1995, an amount of $90, 714 was transferred from the Water and Sewer Operating Fund to the Water Well Development - 1995 Capital Project Fund as a local match for the Municipal Capital Project Matching Grant for the Water Quality Development Program, and, $42,888 in unencumbered local matching funds remain after expenditures to dig the new production well; and ' WHEREAS, in August, 1995, the City received an additional Municipal Capital Project Matching Grant for the Water Quality Development Program in the amount of $211,665 from the State of Alaska for a Water Quality Development Program and has not encumbered or expended any of the grant funds; and WHEREAS, the City has pledged a local matching amount of $90,714 for the additional Municipal Capital Project Matching Grant for the Water Quality Development Program received in August, 1995 but has not yet passed a budget ordinance to authorize expenditure of the funds; and WHEREAS, on January 3, 1996 the Council accepted a legislative grant from the State of Alaska, Department of Administration for the "Kenai Water and Sewer System Improvement Project" in the amount of $355,975.74 and has not encumbered or expended any of the grant funds; and WHEREAS, on February 7, 1996 the Council accepted a grant from the State of Alaska, Department of Environmental Conservation for the "Thompson Park Water WeII No. 3 and Water System Improvements Project" in the amount of $683,017.00 and has not encumbered or expended any of the grant funds; and 1 (hdinance No. 1677-96 . Page Two ,. WHEREAS, the City desires to, use all unexpended grant and ~Qca1 im~atclung share- ~.:.. amounts as partial financing for a ~~es of ~apitat un~ravements to be known as the Water System.Improvement Project -FY96".and the. "Water Syster~ri.Improvement. Telemetry Project - FY9~". rTOW, THEREFORE, BH IT aRDA,INED BX' THE.CC)UNGIL OF THE CITY OF KENAI, ALASKA that estimated revenues and appropriations be increased or decreased as follows: Water We 1 Develo m n - 1995 ~api~~l proi~t F••n•~ Decrease Estimated Revenues Transfer From Water and Sewer State Grant Decrease Appropriations Administration Engineering Land Acquisition & Surveying Construction Water and Sewer Qpg ~~ Increase Estimated Revenues Appropriation of Fund Balance $ 42,888 $100,04 $ 1,541 $ 6,826 $ 3,700 $130,895 $ 90,714 Increase Appropriations Water -Transfers $ 90,714 Wa r ~gm,jmnrovement ~,CQ~ect -FY96 ~anitAt P,CQject Fnnd Increase Estimated Revenues Transfer From Water and Sewer $ 121,901 State Grant $1,232,432 Increase Appropriations Administration Engineering Construction Contingency '~.` ~ .t ~.:. _ _ i. .r~- t:. >7. ~;~ _ ~_ $ .10,000 $ 50,000 $1,000,000 $ 294,333 ~ i. f ~ .. +. 'r i.t "{- - r 1 Ordinance No. 1679-96 Page ~'hree . ~#er S~ tE111 ~ ~~rww~'~~ Increase Estimated Revenues. Trans#br.Fr~m'1~ater and .Sewer . State Crsrit Increase Appxopriatibns ~dministratio~ Engineering-. Construction Contingency Protect F_ and $ 11,701 $ 118,299 $ 5,000 $ 30,000 $ 80,000 $ 15,000 PASSED BY TIDE COUNCIL OF THE CITY OF KENAI, ALASKA,, this 6th day of March, 1996. Attest: w Carol L. Frees, City Clerk Introduced: February 2I, 1996 Adopted: March 6, 1996 Effective: March 6, 1996 • Approved By Finance: (2/16/96) jps i ., ~~~~ :~ "r 1, it ~ i . . ~' .~ .. .. .. ,.. ... .. .. ~ ... t - - 1 _.`