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HomeMy WebLinkAboutORDINANCE 1328-1989Suggested by: City Council City of Kenai ORDINANCE NO. 1328-89 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING ESTIMATED REVENUES AND APPROPRIATIONS BY $46,000 IN THE "LAWTON-►CANDLELIGHT TO GOLF COURSE" AND "FATHOM/TOYON INTERSECTION'S FUNDS FOR ENGINEERING DESIGN. WHEREAS, the City Council desires to form assessment districts to Partially finance the above construction projects, and WHEREAS, engineering must begin immediately for there to be any possibility for construction to be completed in 1989, and WHEREAS, appropriate portions of design costs will be allocated to assessable costs if, and when, assessment districts are formed, and WHEREAS, grant monies are available due to projected under -runs in the VIP project. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI#, AI,ASKA that estimated revenues and appropriations be increased <dncreased> as follows: Lawton -Candlelight to Golf .Course Increase Estimated Revenues: 1986 Road Grant $20,000 Increase Appropriations: Engineering $200000 Fathom/Toyon Intersection: Increase Estimated Revenues: 1986 Road Grant $260000 Increase Appropriations: Engineering $260000 VIP Pa„ avi_na: Decrease Estimated Revenues: 1986 Road Grant <$46,000> Decrease Appropriations: Construction <$460000> 1 0 • et Ruotsala, City:Clerk First Reading: July 5, 1989 Second Reading: July 5, 1989 Effective Date: July 5, 1989 Approved by Finance: jal