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HomeMy WebLinkAboutORDINANCE 1308-19890 0 sir, fw4aw: April *I ivaq EFFECTIVE DATE: April 5s,-1989 Approved by Finainna: ni ."Aaf.q+ _IX Suggested-by-Adminiptration CITY OF-KRNAI ORDINANCE No* 1308-89 AN ORDINANCE OF THE COUNCIL 'OF THE, Cjty� OF, 'KENAI` ALASKA INCREASING ESTIMATED REVENUE:.- ' 0 - 9. ANAPPROP�IATIOMS � IN A" NEW CAPITAL PROJECT FUND -ENTITLED .," AIRPORT, 'DRAtNAGE STUDY/SAFETY ZONES WHEREASo the City has applied to the FAA fora grant to' provide 9 3. 7 5% funding . for an ai ripert. drain' study age s and safety zones design',, funding . WHEREAS,, the State of Alaska has tentatively awarded the City a grant to provide 3.125% funding for the project. NOW THEREFORE BE IT ORDAINED BY THE COUNCIL, OF THE CITY OF KENAI,r ALASKAo, that estimated revenues and :appropriations be increased as follows: Airport Land System Increase Estimated Revenues-0 Appropriation of Fund Balance 10,775- al e Increase Appropr lations. Airport, 'K.& b Transfers $ 10775 Airport Drainage StMftjS.af1e&X Bones Increase.Estimated:Revenues:. Federal grant $53,242 State Grant Transfer from Airport Land System . 1,775 56,792