HomeMy WebLinkAboutORDINANCE 1393-1990Suggested by: Legal Department
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City of Kenai
ORDINANCB NO. 1393-90
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREI~SINa ~.
ESTIMATED REVENUES AND APPROPRIATIONS BY $61,254.75 IN THE DOCK
FACILITY CAPITAL PROJECT FUND TO 3ETT'.:,E A CONSTRUCTION CLAIM ON THE
PROJECT.
WHEREAS, the City has been involved in litigation involving claims by
Western Marine Construction, Inc. over the construction of a boating
facility in the Kenai River, and
WHEREAS, the plaintiffs have offered to settle the litigation for
payment of $65,000, and
WHEREAS, the City Council has determined that it is in the beat
interest of the City to settle the litigation for the amount offered.
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 Fund Balance X61.254,75
Increase Appropriations:
Non-Dept. - Transfers X61,254.75
Dock_Facility Capital Protect
Increase Estimated Revenues:
Transfer from General Fund $61,254,75
Increase Appropriations:
Improvements other than Buildings $ <987.68>
Administration <159.72>
Inspection <505.50>
Construction 62,907.65
X61.254.75
Carol L. Frees, City Clerk
Introduced: September 5, 19.90
Adopted: September 19, 1990 .
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Effectiv®: September 19, 1990
Approved by Finance:~ ~ -
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(8/29/90)
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 19th day of
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