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HomeMy WebLinkAboutORDINANCE 1296-1988.' Suggested by: Administration - - City of Kenai _T ORDINANCB No. 1296-88 T! AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING _ ESTIMATED REVENUES AND APPROPRIATIONS BY $87,438.48 IN THE FLOAT PLANE BASIN CAPITAL PROJECT FUND FOR DEVELOPMENT OF F.B.O. LOTS ON THE WEST -- ----$ SIDE OF THE FLOAT PLANE BASIN. WHEREAS, in 1984 the City received a grant in the amount of s2,750,000, from the State of Alaska for Airport development, and WHEREAS, $87,438.48 is unappropriated at this time due to closing the R. GAA/Safety Zone project at costs under original estimates, and WHEREAS, the Airport Manager desires to use these monies for development of F.B.O. lots on the west side of the Float Plane Basin. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA that estimated revenues and appropriations be increased as .ti follows: Float -Plane Basin Increase Estimated Revenues: 1984 Municipal Grant $87,436.48 ,.. Increase Appropriations: Engineering $20,000.00 Construction 67,438.48 PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, " October, 1988. , $87,438.48 i 19th day of l' z;p .. I,f First Reading: October 5, 1988 Second -Reading: October 19, 1988....._ _ . -- `_ Effective Date: October 19, 1988 ;•-� Approved by Finance: G'R _ _.... (9/30/86) 1 t I ` - J