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HomeMy WebLinkAboutORDINANCE 1629-1995Suggested by: Administration City of Kenai ORD1~TCa ItO. 1629-95 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING ESTIMATED REVENUES AND APPROPRIATIONS BY $40,000 IN THE GENERAL FUND FOR LEGAL EXPENSES RELATED TO INLET WOODS SPECIAL ASSESSMENTS. WHEREAS, the bankruptcy filings of the owners of inlet Woods have increased legal co~cts to the City; and WHEREAS, the Cfty Administration estimates that an additional $40,000 will be needed through June 30, 1995. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that estimated revenues and appropriations be increased as follows: G ner,~l Fund Increase Estimated Revenues: A ro riation of Fund Balance pP P Increase Appropriations: Legal -Professional Services Introduced: Adopted: Effective Approved by (2/10/95) kl Finance: ~ ~ .____ $40, 000 $40,000 February 15, 1995 March 1, 1995 March 1, 1995 ;: ,..... . ,, . . ,.. .... . ,. ... . , ., _ _ .. ,.... .. .. :. ..:. PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this lst Ants r.~ tut~,...L. y Aes