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HomeMy WebLinkAboutORDINANCE 1425-1991ti. 1 i~ 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 • 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 38 95 • { ~ ~, i• 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: • Approved by Finance: (3/14/91) kl March 20, 1991 April 3, 1991 April 3, 1991 .. :~ ' ~. •. .... _ carol L. Freas, City Clerk