HomeMy WebLinkAboutORDINANCE 1111-1986xi
Suggested by: AdMiniatratia:c r
CITY OF KENAI ,; }
ORDINANCE NO. 1111-96
AN ORDINANCE OF THE CODNCIL OF THE CITY OF KENAI, ALASKA, t•:`
ESTABLISHING A SPECIAL ASSESSMENT FUND ENTITLED "OENA'INA POINT \•."
ESTATES" AND AUTHORIZING APPROPRIATION FOR THE PR03ECT IN THE
AMOUNT OF s1,1069000.
MHEREAS, the City has been petitioned to establish an assessment
district in Dena'Ine Point Estatea, Tracts A-1 through A-59 for
street improvements, water and sewer mains, storm drains, and'
other improvements: and,
WHEREAS, the City intends to finance the project with a future
sale of bonds, which were approved by the voters of Kenai on
October 4, 19031 end,
WHEREAS, interest on monies, used for construction of the project Y"-$
prior to the,sele of bonds is to be a cost of the project, in "
accordance with KMC 16.05.050.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY Of '== _•_ •
KENAI, ALASKA, that:
Section 1: A special assessment fund for the construction
in Dena Point Estates established.
Section 2: Appropriation, on a project basis, be
author za , as follows:
Dena'Ine Point Estates
Administration = 51000s
Inspection 100,000
Construction 910,000
Contingency 91,000
�.-+r•-.r .......may.-+-+...+..,�.�+A. _ ._."_ ^ r-.r
:..epv... `_ ,:;1 � 4;. r -•-•• F.. <• kl �i _ ._ a s,,,F a ! > ., r.-.':
-1 -
lid
AA
pp
v of ... - l_ SN. ''�^ • -.
^�+-a __. _.-'.'•—�_"__.� ...� _�-.��,..--_._�_ _ __ �_�.- _ _--,`._..�._J_tl'761
L
PASSED BY THE COUNCIL OF THE CITY Of ,KENA;, AdASKAt this fifth
day of February, 1906.
TOM WACONER-9 MAYOR
ATTESTt,
Menot Whelan#y ClerkoY.
Firet Readings January 22# 1986
Second Readings February S, 1986
Effective Dates February Sv 1966
Approved by Finances C1ca
----- '777,5
:(
I
O,
r `� �+- ((rZ.��/ �•-G"..,n ,-y _tea u•��tty�
..�---...-r<: 7�ti•R�� --_�- - ._._,
J.
fAi
is t�3 �• ,.
ate.