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HomeMy WebLinkAboutORDINANCE 1326-1989C� Suggested by:. City Council : City .of Kenai OYtUIRMaWn NOA 1326-89 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING . ESTIMATED REVENUES AND .AFPROPRIATIONS.By.$105,000, IN•A NEW. CAPITAL PROJECT FUND ENTITLED "WILLOW STREET EXTENSION". WHEREAS, the City Council desires to co0struct a gravel extension of Willow Street north to connect with Marathon Road, and WHEREAS, this road will open additional Airport lands for development, and therefore, use of Airport monies for construction is justified. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA that estimated revenues and appropriations be increased as follows: Airport Land System. Increase Estimated Revenues: Appropriation of Fund Balance $1050000 Increase Appropriations: Airport Land- Transfers $105,000 Willow Street Extension. Increase Estimated Revenues: Transfer from Airport Land System $105,000 Increase Appropriations: Administration $ 2,000 Inspection 5,000 Construction 98.000 1105,000 PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, July1989this 5th day of , . ATTEST: /etatuo"isala; City Clerk First Reading: June 21, 1989 Second Reading: July S. 1989 Effective Date: Jtjly 5, 1989 Approved by Finance:(6/14/891