HomeMy WebLinkAboutORDINANCE 1327-1989Suggested by: Administration
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City of Kenai
ORDINANCE NO. 1327-89
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING
ESTIMATED REVENUES AND APPROPRIATIONS BY $6,500, IN THE DOCK FACILITY
CAPITAL PROJECT FUND FOR QUANTITY OVERRUNS ON THE PARKING/STAGIf;G'ARLA.
WHEREAS, the City is experiencing quantity overruns on the Boating
Facility Parking/Staging area construction, and
WHEREAS, a portion of the overruns may be financed by transfers within
the project, with the balance requiring an appropriation from the
General Fund.
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 Capital Improvement Reserve $ 6,500
Increase Appropriations:
Non -Departmental - Transfers Out $ 60,500
Dock Facility Cataital Project
Increase Estimated Revenues:
Transfer from General Fund $ 6,500
Increase Appropriations:
Improvements Other than Buildings $ 6,500
Be it further resolved that the following transfers be made in the
Dock Facility Capital Project Fund:
Transfer From:
Inspection <$ 41500>
Contingency < 13,000>
Transfer To:
Improvements Other than Buildings $17,500
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PASSED By THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 19th day of
y, :1989. ..
ATTEST:
Ja` Ruotsala, City Clerk
APproved.by Finance:
(6/30/89)
Jal .
First Reading:
July
50
1989
Second Reading:
July
19,
1989
Effective Date:
July
19,
1989
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