HomeMy WebLinkAboutORDINANCE 1399-1990Suggested by: City Council
City of Kenai
OaDINAN~ N0. I399-90
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING
ESTIMATED REVENUES AND APPROPRIATIONS BY $3,800,000 IN A NEW CAPITA
PROJECT FUND ENTITLED "SENIOR CITIZEN CONGREGATE HOUSING."
WHEREAS, the City has received two grants totaling $3,800,00 from the
State of Alaska for construction of a senior citizen congregate . ..
housing facility, and
WHEREAS, this appropriation does not include cost of the land, which
will be financed at a later date by an appropriation from the General
Fund to the Airport Land Sale Trust Fund.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA that estimated revenues and appropriations be increased as
follows:
Senior Citizen Con9rea_ate Housin~t
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Increase Estimated Revenues:
State Grant #1 $ 500.,00.0.
State Grant #2 ~ 3,300,000
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$ 3.800.000
Increase Apprapriations: z
Administration $ 5,000
Design 350,000
Inspection 100,000
Construction 3,345,000
$ 3.800.000
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 19th day of
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Approved by Finance: ~~t
(8/30/90)
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Introduced: September 5, 2990
Adopted: September 19, 1990
Effective: September 19, 1990