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HomeMy WebLinkAboutORDINANCE 1518-1992 Suggested by: Administration City of Kenai ORDINANCE N0. 1518-92 AN ORDINANCE OF THE COUNCIL '4F THE CITY Of' KR~II., ALASKA INCREASING ESTIMATED REVENUES AND APPROPRIATT~NS BY $1,118,660 IN THE CAPITAL PROJECT FUND ENTITLED EAST KENAI SLWER INTERCEPTQR - 1992. WHEREAS, the City has received a grant offer from the State of Alaska, Department of Environmental Conservation, to construct a sewer interceptor line to Thompson Park; and WHEREAS, estimated project costs require a City of Kenai contribution. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that estimated revenues and appropriations be increased as follows: Water and Sewer Operating Fund Increase Estimated Revenues: Appropriation of Fund Balance $ 268,660 Increase Appropriations: Sewer - Transfers ~ $ 268,660 East Kenai Sewer Interce for - 1992 Increase Estimated Revenues: Transfer from Water and Sewer Fund $ 268,660 State D.E.C. Grant 850,000 $ 1.118.660 Increase Appropriations: Construction ~ 1.118.660 PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, his 21st day of October, 1992. HN ILLIAMS, MAYOR ATTEST: Carol L. Freas, City Clerk Introduced: October 7, 1992 Adopted: October 21, 1992 Effective: October 21, 1992 Approved by Finance:~4 (9/17/92) kl :. . . ,. ,. ,. ,,