Loading...
HomeMy WebLinkAboutORDINANCE 1446-1991 Suggested by: City Council CITY OF KENAI ORDINANCE 1~~6-91 • AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA AMENDING THE KENAI MUNICIPAL CODE, TITLE 7, CHAPTER 25, SECTION 090 ENTITLED "WHEN VOTER RATIFICATION REQUIRED FOR USE". WHEREAS, KMC 7.25.090 currently requires expenditures in excess of $1,000,000.00 for capital projects to be approved by a vote of the people when such expenditures are made from the capital improvement reserve; and WHEREAS, it is in the best interest of the people of the City.af Kenai that expenditures, excluding government grants and amounts to be reimbursed from benefitted properties, for capital projects from the capital improvement reserve in excess of $500,000 be approved by the voters. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that the Kenai Municipal Code, Title 7, Chapter 25, Section 090, entitled "When Voter Ratification Required For Use's be amended as set forth below. 7.25.090 Whe}~V,oter Ratification Required for Use: No capital project approved by Council which requires municipal. financing (excluding government grants and amounts to be reimbursed from benefitted properties) to be paid from capital improvement reserve monies in excess of [$1,000,000 S5o0,o00 shall be contracted unless desirability of such project fs ratified by the voters at a general or special election. PASSED BY THE CITY COUNCIL OF THE CITY OF day of August, 1991. ~ ~ ATTEST: ~.~.r,~, Introduced: Adopted: Effective Date: • ALASKA this 28th August 21, 1991 August 28, 1991 September 28, 1991 .. ~. ~ . t,~- ~_' • ~ ~ ~ • rbZ K , '' ~~~~g ,~ ti 1 • ''~, y~ INITLITIVB ~`' ~'i.~a ~~ . ~G the undersigned wish to place a. ballot initiative at the next City electio~~~~hich wou~ the figure in thQ paragraph below from 61,000,000 to 6500,000. ~<<91„t:=~=~ 7.25.090 When Vater Ratification Required far Use: No capital project approvQd by Council which requires municipal financ3,ng (excluding ggvernment grants and amounts to be reimbursed from benefited properties) to be paid from Capital Improvement Reserve monies in excess of 61,000,000 shall be contracted unless the desirability of such prn~®ct is ratified by the voters at $ general or special election. (Ord. 793) I .. ^. ... ' .,._,. . '.~, 8lgnatare Date ~,~q~ ., ~~ • .. . , . ., ~ : ' , , .. . ...~ ABPIOAQii' I, .swear that each of the signers who signed this petition, signed it in siy pres~nae, that I believe that each has stated hie nacre and address correctly. sad that I believe each signer is a qualified voter o! the City of ltenai.