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HomeMy WebLinkAboutORDINANCE 1678-1996Suggested By: Finance Department City of Kenai O~tUINANCR NO. 167896 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KBNAI, ALASKA INCREASING ESTIMATED REVENUES AND APPROPRIATIONS BY $21,000 ~N THE GENERAL FUND FOR THE PURCHASE OF PLAYGROUND AND BASKETBALL COURT EQUIPMENT. WHEREAS, the Recreation Department desires to purchase playground equipment for Beaver Creek Park and sports equipment for the basketball court in Municipal Park; and WHEREAS, the Recreation Department desires to order the equipment immediately in order to have it available to be installed as soon as the weather turns warm in the spring; and WHEREAS, the Recreation Department does not currently have appropriations budgeted for the proposed purchases; and WHEREAS, the Kenai Rotary Club has agreed to donate $5,000 to the City of Kenai to be used for the purchase of park and recreational equipment and the donation requires~a matching contribution in the same amount; and WHEREAS, the City of Kenai has a designation of General Fund fund balance for athletic expenditures which was as a result of a donation to the City of Kenai intended for such purposes. 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 Miscellaneous Donations $5,000 Appropriation Of Designated Fund Balance Designation for Athletic Expenditures $16,000 -._.:- .. ,.~,, ,. .. ,, ~ .>. • Attest: Carol L. Freas, City Clerk Approved By Finance: (2/29/96) jps . WILLIAMS, MAYOR Introduced: March 6, 1996 Adopted: March 20, 1996 Effective: March 20, 1996