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HomeMy WebLinkAboutORDINANCE 1552-1993'r a • Suggested by: Administration City of Kenai ORDI~CIR WO. 1'SSZ-93 u AN ORDINANCE 'OF THE COUNCIL OF THE CITY OF KENAI, ALASKA. INCREASING ESTIMATED REVENUES AND APPROPRIATIONS BY $95,172 IN THE CAPITAL PROJECT FUND ENTITLED "AIRPORT SAFETY/SECURITY GATES". WHEREAS, the City of Kenai has received a grant from the Federal Aviation Administration to replace existing safety/security gates; and WHEREAS, because the lowest bid exceeded project estimates, the City has applied for another grant in the amount of $85,068 and has divided the project into two phases; and WHEREAS, the City has further requested a grant increase to the existing grant (phase Ij in the amount of $10,104; however, the timing of the grant increase is doubtful, and the City will temporarily finance the proposed increase with City money. NOW THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that estimated revenues and appropriations be increased as follows: A rno _„~afety~Sec~rity ~a es Increase Estimated Revenues: FAA Grants State Grant Transfer from Airport Increase Appropriations: Phase I - Administration Phase I - Engineering Phase I -- Construction t Phase II - Inspection Phase II - Construction $79,751 2,658 ,_12 763 ~.~.~ $<2,600> <2,376> _.~~4$Q ~~ 2,376 82 ~~~~ ~,; ~ ~ . ~ , .:. ., .- ...~ ~. . . , ,.. „ .~. ... f .R+ .. ,. Ordinance No. 1552-93 Page Two AirR~,rt „~~d Svs~tem zn~rea~e Estitaated Revenues: Appropriation of fund balance increase Appropriations: M & O -Transfers out ;~ jam. PASSEQ BY THE COUNCIL OF THE CIT'f OF.~CENA2, ALASKA, this list day of July, 1993. ..- ATTEST: Carol L. Fr as, C ty Clerk t introduced: Adapted: Effective: July 7, 1993 July 21, 1993 July 21, 1993 Approved by Finance: ~ ~~ (6/24/93) kl • ~. ~:. ,~, ~; ~ jr. ... ~_ ~. ~It ~ ...~i. r