HomeMy WebLinkAboutORDINANCE 1448-1991M ~. ~ `~
Suggested by: Administration
City of Kenai
ORDINANCE N0. 1448-91
AN ORDINANCE OF THE COUNCIL OF THE CITY 4F KENAI, ALASKA INCREASING
E3TTMATED REVENUES ADD A1~PROPRIATIONB $Y $160,000 IN A NEW CAPITAL
PROJECT FUND ENTITLED "KENAI RIVER VIEWING AREA".
WHEREAS, the State of Alaska, through the National Park Service, has
offered the City of Kenai a grant in the amount of $72,000 to
construct a Kenai River Viewing Area, and
WHEREAS, the grant must be matched with City money and in-kind
services, and
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WHEREAS, in 1986, the City Council appropriated $25,000 of Federal
Revenue Sharfng money to be used for ballfield improvements. The
unspent balance, $10,765.32, may be reappropriated by the Council, and
WHEREAS, in 1983, the City Council appropriated $18,056 of 1974 bond
money to be used for recreation improvements related to ballfields.
The unspent balance, $9,952.42, may be reappropriated by the Council.
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:
Appropriation of Capital
Improvement Reserve $ 88.000.00
Increase Appropriations:
Non-Departmental - Transfers $ 88.000.00
Kenai River Viewing Area
Increase Estimated Revenues:
State Grant $ 72,000.00
Transfer from General Fund 88,000.00
$160.000.00
Increase Appropriations:
Construction $160.000.00
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Ordinance No. 1448-91
Page Two
PASSED BY THE COUNCIL OF THE CITY OF KHNAI, ALASKA, this 7th day of
August, 1991..
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ATTEST:
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. Frees, C..ty Clerk
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Approved by Finance: C~_ Q-
(7/10/91)
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Introduced: July 17, 1991
Adopted: August 7, 1991
Effective: August ~, 1991
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