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HomeMy WebLinkAboutORDINANCE 1502-1992Suggested by: • City of Kenai ORDINANCE NO. 15Q2-92 City Council AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA TNCREASxNG ESTIMATED REVENUES AND APPROPRIATIONS BY $196,600 IN THE GENERAL FUND TO PURCHASE LAND FROM THE AIRPORT FOR THE NEW COURT FACILITY. WHEREAS, the City of Kenai, in cooperation with the State of Alaska, will be constructing a new court facility on Airport Land System property; and WHEREAS, the City has pledged to purchase the property as its contribution to the project; and WHEREAS, the appraised values of Lots 10, 11, and 12, Block 1, Cook Inlet Industrial Air Park total $196,600. 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 Estimated Revenues: Appropriation of Fund Balance $196,600 Increase Appropriations: Land Administration - Land $196,600 PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 17th day of Approved by Finance : i,c--~- ~5/28/92) kl • Introduced: June 2, 1992 Adopted: June 17, 1992 Effective: June 17, 1992