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HomeMy WebLinkAboutORDINANCE 1599-1994.,. t,, Suggested by: Airport Manager City of Kenai ORDI~TCl4 NO. iS99-94 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING ESTIMATED REVENUES AND APPROPRIATIONS BY $81,584 IN THE AIRPORT FRONT-END LOADER CAPITAL PROJECT FUND. WHEREAS, in February, 1993, the City appropriated $140,222 in FAA, State, and City funds to purchase a front-end loader for the Airport; and ~, L~ WHEREAS, the cost of the front-end loader is now estimated to be $221,806, and the FAA and State of Alaska will participate in the extra costs. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that estimated revenues and appropriations be f ncreased as follows Front-End Loader - 1993 Increase Estimated Revenues: Federal Grant $76,485 State Grant 2,549 Transfer from Airport w2 ,, 5, ~p Increase Appropriations: Administration $<1,000> Machinery & Equipment 5 ~7 Airport Land Svstem Increase Estimated Revenues: Appropriation of Fund Balance ,~~Q Increase Appropriations: M & O - Transfers p .~. _. _. ~. .:. . .. ~,,~ 'r Ordinance No. 1599-94 Page Two r PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 20th day of July, 1994. Introduced: Adopted: Effective: Approved by Finance:,,,,,_,_e~,~_ ~fi/22/94~ kl July 6, 1994 July 20, 1994 July 20, 1994 ., .. ,. s ... ~~ .. ~. ,..:. Actinq City Clerk