HomeMy WebLinkAboutORDINANCE 1544-1993.. ,~.
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Suggested by:
Administration
City of Kenai
ORDIEA3ICE NO. 1944-93
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AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA
INCREASING ESTIMATED REVENUES AND APPROPRIATIONS BY $787,765
IN THE EVERGREEN/HALLER PAVING CAPITAL PROJECT FUND.
WHEREAS, the- City of Kenai is forming an assessment district
to pave Evergreen, Haller, McKinley, North Gill, Second
Avenue, Third Avenue, Fourth Avenue, Jefferson, and Eadies
Way; and
WHEREAS, the cost of the paving project is estimated to be
$740,405, of which 25$ will be assessed against benefitted
properties; and
WHEREAS, the City intends to develop, at an estimated cost
of $57,360, City-owned land to the west of Evergreen for
future sale.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF
KENAI, ALASKA, that estimated revenues and appropriations be
increased as follows:
Ge,Deral Fund
Increase Estimated Revenues:
Appropriation of Fund Balance $112,666
Appropriation of Capital
Improvement Reserve 680.925
Increase Appropriations:
Non-Departmental - Transfer to
Capital Projects ~
Airport Land Svstem
Increase Estimated Revenuers
Appropriation of Fund Balance ~4,~174
increase Appropriations:
Airport Land - Transf®r to
Capital Projects ~~~~
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y Ordinance No. 1544-93
Page Two
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Increase Estimated Revenues:
Transfer from General Fund $793,591
Tra..~sfer from Airport Land System ~4..i_7a
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Increase Appropriations:
Paving Project - Administration $ 3,000
Paving Project - Engineering and
inspection Services ?1,800
Paving Project - Construction 665.605
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City Land Development - Ad:ainistration $ 500
City Land Development - Engineering
and inspection Services 4,600
City Land Development - Construction 52.260
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Intzoduced:
Adopted:
Effective:
Approved by Finance: _ ~ sl.~____
(5/14/93)
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May 19, 1993
June 2, 1993
June 2, 1993
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PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 2nd
day of June. 1993. ~