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HomeMy WebLinkAboutORDINANCE 1117-1986Suggested bys Administration CITY OF KENAI ORDINANCE NOe IM-86 it,? AN ORDINANCE Or THE COUNCIL OF THE CITY OF KENAI ALASKAt RE -ALLOCATING $1017 OF THE 1990 MUNICIPAL ROAD GRANT, AND RETURNING $159296 TO THE GENERAL FUND FROM THE SPRUCE, SECOND AND THIRD STREET CAPITAL PROJECT FUND. VNEREAS9 Spruce, Second and Third Street Capital Project that the City will n. engineering is complete and It does not appear be proceeding with construction In the near futurel and, WHEREAS, $19517 of the 1980 Municipal Road Grant remains unspent In this project, and the Administration desires to close the grant by using the monies In the Highbushp Bumblebee, Swireet East Allak Capital Project Fund; end, WHEREAS, a General Fund appropriation of $15,298 was not spent and should be returned. NON, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA9 that the $15,298 of General Fund monies appropriated to the Spruce, Second and Third Street Project be returned to the General Fund, and that the following Increases (decreases> in estimated revenues and appropriations be modes Spruce, Second and Third Street Capital Pro act Decrease Estimated Rovenues, 1980 Municipal Road Grant Decrease Appropriationes Engineering I Kahbitoeha BumblebeeBumblebese Shires East Aliak Ca i al Project '^ Increase Estimated Revenues: ;v i980 Municipal Road Grant : 1,517 Increase Appropriatione: Construction : 19517 PASSED 8Y THE COUNCIL OF THE CITY OF KENAi 9 ALASKA 9 this 19th day :..:, '• .n ti . of March, 1966. 1 —T`OVr WAGONER,.1AMR via x ATTEST: et elan, -CityClerk :. First Reading: March 5o 1986 = :... Secund Reading: March 19, 1986 Effective Date: March 19, 1986 Approved by Finence:/0 - 2/25/86 r z f_, :i - o xp u - ---r-r•+'---'r-".r--rrYnrsc"-..'Y'^'�'r.a.. _,�7-�,"..- �i> . ..; -,���: Ir gnu .. .e}` 0.. .. �4'• �T. -n-