HomeMy WebLinkAboutORDINANCE 1425-1991ti.
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Suggested by: Parks & Recreation Director
City of Kenai
NO. 1425-91
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAT, ALASKA INCREASING
ESTIMATED REVENUES AND APPROPRIATIONS BY $38,295 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 p,ovided 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, through June 30, 1990, the audited balance in the reserve for
athletic expenditures is $63,419, and an additional $20,165 has bean
received during the current fiscal year, and
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WHEREAS, the recreation center and the City's ballfields are integral
parts of the City's athletic programs, and
WHEREAS, the Parks and Recreation Director has requested that the
Council approve purchase of an exercise bicycle ($2,195), hand and
hair dryers {$2,600), and a front-mount reel mower ($33,500).
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:
Reserve for Athletic Expenditures 38 5
Increase Appropriations:
Recreation - Small Tools & Minor Equipment $ 2,600
Recreation - Machinery & Equipment 2,195
Parks - Machinery & Equipment 33,500
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Ordinance No. 1425-91
Page Two
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 3rd day of
April, 1991.
Introduced:
Adoptedr
Effective:
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Approved by Finance:
(3/14/91)
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March 20, 1991
April 3, 1991
April 3, 1991
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carol L. Freas, City Clerk