HomeMy WebLinkAboutORDINANCE 1454-1991~ '.. ~'
Suggested by: Administration
City of Kenai
ORDINANCE N0. 1454-91
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAT, ALASKA INCREASING
ESTIMATED REVENUES AND APPROPRIATIONS BY $102,940 IN THE MARATHON ROAp
CAPITAL PROJECT FUND.
WHEREAS, in 1989, the City Council appropriated $105,000 of airport
money to extend Willow Street, and
WHEREAS, only $2,060 was expended in the Willow Street project, and
after nearly two years of inactivity, the project was administratively
closed, and the excess funds were returned to the airport on June 30,
1991, and
WHEREAS, subsequent to close-out, the Council has authorized extension
of Willow Street in conjunction with the Marathon Ruad project, and
the City administration is asking for expedited action by the Council
to reappropriate the unexpended funds for road construction, fence
relocation, and quantity overruns.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA that estimated revenues and appropriations be increased as
follows:
Ai~Land Svstem
Increase Estimated Revenues:
Appropriation of Fund Balance $ 102,940
Increase Appropriations:
Airport Land - Transfers $ 102,940
Marathon Road Capital Protect
Increase Estimated Revenues:
Transfer from Airport $ 102,940
Increase Appropriations:
Construction $ 102,940
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Orditnance No. 145491
Page Two
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 7th day of
August, 1991.
ATTEST:
Carol L. Freas, City Clerk
Introduced:
Adopted:
Effective:
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Approved by Finance: Cq
(?/31/91)
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August 7, 1991
August 7, 1991
August 7, 1991
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