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HomeMy WebLinkAboutORDINANCE 1559-1993~ ~': • • Suggested by: Parks & Recreation Director City of Kenai ORDINANCE NO. i8S9-93 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING ESTIMATED REVENUES AND APPROPRIATIONS BY $4,050 IN THE GENERAL FUND FROM THE RESERVE FOR ATHLETIC EXPENDITURES. WHEREAS, in 1980, the City Council adopted Resolution No. 80-178 that accepted land from Harold A. and Rita Daubenspeck; and WHEREAS, that resolution provided that revenues derived from the oil, gas, and mineral rights of the land "be dedicated to athletic programs sponsored by the City of Kenai"; and WHEREAS, at June 30, 1993, the balance in the reserve for athletic expenditures is $76,088; and WHEREAS, the City's ballfields and parks are, integral parts of the City's athletic programs; and WHEREAS, the Parks and Recreation Director has requested that the Council approve the purchase of a water reel traveling sprinkler. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that estimated revenues and appropriations be increased as follows: General Fund Increase Estimared Revenues: Reserve for Athletic Expenditures Increase Appropriations: Parks - Machinery & Equipment U S 4.050 ~g5~ . i.~ i ;~ r `~._ y • C?xdin~~ce No. 159-9~ gage Two Approved by Finance: G,gll (7/14/93) kl ~_J Introduced: July 21, 1993 Adopted: August 4, 1993 Effective: August 4, 1993 PA3~ED SY THE COUNCII~~3F THE CITY OF KENAI, ALASKA, this 4th .'t.... ~.d ti..~.....~< ~ www