HomeMy WebLinkAboutORDINANCE 1487-1992SUBSTITUTE
Suggested by: Airport Manager
City of Kenai
ORDINANCE N0. 1487-92
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AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING
ESTIMATED REVENUES AND APPROPRIATIONS HY $1,530,307 IN THE AIRPORT
DRAINAGE AND SAFETY ZONE IMPROVEMENTS PROJECT.
WHEREAS, the City of Kenai has received an allocation from the FAA to
provide funds for airport drainage and safety zone improvements; and
WHEREAS, the State of Alaska and the City of Kenai will each provide
3.125, or $48,603 and $48,604, respectively, as matching shares.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA that estimated revenues and appropriations be increased
<dncreased> as follows:
Air rt Land System
Increase Estimated Revenues:
Appropriation of Fund Balance ~ 23--~
Increase Appropriations:
M & o - Transfer to Capital Project $ 23.6
Airport Drainage and Saf e_ tY Zone ,_Im,~-ro,~„y, emerits
Increase Estimated Revenues: 23,604
Transfer from Airport ~
FAA Grant 1,458,100
State DOT Grant 48,603
x.5'0. 07
Increase Appropriations:
Administration $ 5,000
Professional Services <1,877>
Inspection 167,013
Construction 1,360,1?1
~1~530.3Q7
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA,
May, 1992. !'') „ r,~'
J.
ATTEST:
~~/ c.~ v iii, ~ Y
Carol L. Freas, City
Approved by Finance: ~'- `j
(4/28/92)
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Introduced:
Adopted:
Effective:
this 19th day of
MAYOR
May 6, 1992
May 19, 1992
May 19, 1992
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