HomeMy WebLinkAboutORDINANCE 1427-1991~ ;•
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Suggested by:
Administration
City of Kenai
ORDINANCE N0. 142791
AN ORDINANCE OF THE COUNCIL OF THE CITY OF.KENAI, ALASKA INCREASING
ESTIY~lATED REVENUES AND APPROPRIATIONS BY $244,000 IN THE GENERAL FUND
FOR THE PURCHASE OF PROPERTY AT THE SITE OF THE NEW VISITORS AND
CULTURAL CENTER.
WHEREAS, the City of Kenai is making plans to construct a visitors and
cultural center on Lot 1, Gusty Subdivision No. 8, and
WHEREAS, the City has obtained an appraisal of this lot, and
WHEREAS, the Federal Aviation Administration has concurred with the
appraised value of $244,000, and
WHEREAS, the General Fund should purchase this property fxom the
Airport.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA that estimated revenues and appropriations be increas®d as
follows:
General Fund
Increase Estimated Revenues:
Appropriation of Fund Balance ~24~4 000
Increase Appropriations:
Land Department - Land X24
Increase Estimated Revenues:
Land Sales ? 4 0 0
Increase Appropriations:
Reserved Fund Balance ~,z,?,44~ 000
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Ordinance No. 1427-91
Page Two
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Introduced:
Second Reading:
Effective:
Approved by Finance:_5~=~-
(3/25/91)
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April 3, 1991
April 17, 1991
April 17, 1991
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PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 17th day of
April, 1991. ~
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Alaskan Region
222 W. Tth Avenue # 14
Anchorage Alaska
99S 13.7687
U.S. Department
of Transportation
Federal Aviotion
Administration
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Ms. Kira Howard
City of Kenai
210 Fidalgo Street
$enai, Alaska 9961!
Dear Ma. Howard =
Kenai Airport
Lot !, Gusty Subdivision No. 8 -Sale
Lot 2, Guaty~Subdiviaion No. 8 -Lease
Appraisal Report
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The Federal Aviation Administration has reviewed an appraisal resort
submitted for Lots !and 2 and oonour with the fair market value of
~2$tt, 000 and ~0, 000, respectively.
Please oontact Carla Follett at 27l-5445, if you have any questions.
Sinoerely,
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Flo H. Pattiaon
Manager, Planning and Programming Braneh
Airports Division
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