HomeMy WebLinkAboutORDINANCE 1668-1995Suggested by: Public Works Director.
City of Kenai
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AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, AL1k3R~A
AUTHORIZING THE APPROPRIATION OF $3,645 IN THE CONGREGATE
HOUSING FAC=CITY ENTERPRISE FUND FOR ADDITIONAL COSTS FOR
THE STORAGE SHED.
WHEREAS, 'a custom built storage shed will be a more
desirable addition to the congregate housing grounds; and
WHEREAS, additional money fs needad to relocate the old
shed, and to run power, add a ramp, and skirting to the new
building; and
WHEREAS, the Storage Shed project costs are capitalized as
an asset in the enterprise fund; and
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, BE IT ORDAINED SY THE COUNCIL OF THE CITY OF
KENAI, ALASKA, that an appropriation be authorized in the
Congregate Housing Enterprise Fund for the construction of a
solarium and storage shed, as follows:
Increase Appropriations:
Buildings (memo only)
Approved by Finance:
(10/13/95 k1
Introduced:
Adopted:
Effective
October 19, 1995
October i9, 1995
October 19, 1995
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PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this