HomeMy WebLinkAboutORDINANCE 1655-1995•
Suggested by: Public Works
City of Kenai
ORDINANCE N0. i655-95
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AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA
AUTHORIZING THE APPROPRIATION OF $76,000 IN THE BOATING
FACILITY ENTERPRISE FUND FOR A DOCK ACCESS RAMP.
WHEREAS, in FY95, money was appropriated to construct a dock
access ramp; and
WHEREAS, the lowest bid was over budget, the bid award could
not be made, and the appropriation lapsed; and
WHEREAS, in order to award the bid, money must be
appropriated in the FY96 budget.
WHEREAS, this authorization is a memo to the FY96 budget
because under generally accepted accounting principles this
is not an expense or expenditure. Rather, it is
authorization to spend money for a capital asset that will
be depreciated in future years.
NOW, THEREFORE, SE IT ORDAINED BY THE COUNCIL OF THE CITY OF
KENAI, ALASKA, that an appropriation be authorized for the
construction of a dock access ramp as follows:
Increase Appropriations:
Improvements other than
Buildings (memo only) 57~~,6 OQO
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PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this
19th day of July, 1995.
Approved by Finance: C~~~
(6/28/95) kl
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Introduced: July 5, 1995
Adopted: July 19, 1995
Effective: July 19, 1995