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HomeMy WebLinkAboutORDINANCE 1642-1995Suggested by: Administration City of Kenai o~~~tca ~Q. is~z-9s • AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAT, ALASNA-.:~ INCREASING ESTIMATED REVENUES AND APPROPRIATIONS SY,$60,000 IN THL GENERAL FUND FOR LEGAL EXPENSES RELATED TO INLET.' WOQDS SPECIAL ASSESSMENTS. WHEREAS, the. bankruptcy filings of the owners of Yxilet Woods have increased legal costs to the City; and WHEREAS, the City Administration estimates that an additional $60,000 will be needed through June 30, 1995. NOW, THEREFORE, BE IT ORDAINED 8Y THE COUNCIL OF THE CITY OF KENAI, ALASKA, that estimated revenues and appropriations be increased as follows: General Fund Increase Estimated Revenues: Appropriation of Fund Balance $60,000 Increase Appropriations: Legal - Professional Services $60,000 PASSED BY THE COUNCIL OIr THE CITY OF KENAI, ALASKA, this 19th day of April, 1995. ~ ATTEST: Carol L. Freas, C t~* Clerk introduced: April 5, 1995 Adopted: April~l9, 1995 Effective: April 19, 1995 C~ Approved by Financeo_ X3/31/95) kl ,.,. :... .. ._. } ,:..