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HomeMy WebLinkAboutORDINANCE 1060-1985_ _.. .. .m..-..._.._ _.:cam=c.:.-=nc-.—,�•-". �,_ :4. ---�.. -_ --�'-�•... ...�..�__. ___..�,. .���.:/?-�Sav3/Lwee�. Suggested by: City Council CITY OF KENAI ORDINANCE NO. 1060-85 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, INCREASING ESTIMATED REVENUES AND APPROPRIATIONS IN A NEW CAPITAL PROJECT FUND ENTITLED "GOLF COURSE WATER AND SEWER" BY $332,000. WHEREAS, at the June 5, 1985 City Council Meeting, the City Council authorized the administration to commit the City to installation of water and sewer mains along Lawton Drive to the proposed site of a golf course clubhouse, at a cost of about $325,000; and WHEREAS, KMC 7.25.030 specifies that authorizations fcE expenditures shall be made by ordinance; and WHEREAS, the City also needs to survey the area to be leased. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that the following increases in estimated revenues and appropriations be made: General Fund n� crease Estimated Revenues: Appropriation of Fund Balance $ 7,000 Appropriations from Capital Improvement Reserve $325,000 332 000 Increase Appropriations: Nun -Departmental -Transfer to Capital Projects $332,000 Golf Course Water and Sewer Increase Estimated Revenues: Transfer from General Fund $332.000 Increase Appropriations: Administration $ 1,000 Engineering (including boundary survey) 19,000 Inspection 20,000 Construction 265,000 Contingency 27,000 > 0� 1 e - - PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, thfR 19th day of .tune., 1985. V� TOM WAGONER, M OR ATTESTS et Whelan, City Clerk First Reading: June 19, 1985 Second Reading: June 19, 1985 Effective Date: June 19, 1985 Approved by Finance: C'041 R 2 7 TO CITY OF KENAI %Od G'd1a4l 4 4"„ Mo RMM ow"I. M.Mm 9MI TELEPHONE M-7M MEMO TO: Kenai City Council FROM: Charles A. Brown, Finance Director DATE: June 10, 1985 SUBJECT: Golf Course Water and Sewer An ordinance to appropriate the money for Water and Sewer along Lawton Drive is in your packet. I ask Council to hold the Public Hearing on this ordinance on June i9, 1985, the same night as introduction. If we wait until the following meeting for adoption (July 3, 1985), we will have an unfunded commitment at June 30, 1985, the end of our fiscal year. That would require disclosure in our annual financial report, which I believe is not desirable. You will note that I have included $7,000.00 in the appropriation for surveying the boundaries of the leased land. While not all of the cost is related to the water and sewer mains, it seems to be a convenient and reasonable place to finance this cost. The final item I'd like to address is the possibility of an assessment district for the water and sewer mains. Assessment districts are formed after petition from property owners or after resolution of Council. Then, about six weeks must elapse while we prepare a report and a preliminary assessment roll, and advertise for four weeks. A review of a plat of the area shows that over one-half of the land which could be assessed is City -owned. Attached is a rough draft sheet of a preliminary assessment roll for this project. My conclusion is that about $141,500.00 of the $178,000.00 cost would be paid by the City even with an assessment district. I ask Council not to form an assessment district, based upon: 1) The City will probably pay 802 of the cost anyway. 2) Assessment districts are time consuming to administer. 3) The project may be delayed while we. are waiting for public notices and the public hearing. 4) We would be forcing an assessment district on people who have not indicated a desire to have water and sewer. Ile off t:., So. % ti EST. 25% OF DESCRIP. FT. SHARE SHARE VALUE VALUE TOTAL CITY CITY ^^ 198,000 61.601% 109,650 1091,650 L4, DAY 10,637 3.309% 59891 20,000 5,000 891 LS , DAY--- L4, TERRA 10,661 13,251 3.-3 4.1230 9904 7,338 20-1000— -,20,000 5,000 5,000 904 2,338 L39 TERRA 13,125 4.083% 7,268 20,000 5,000 2,268 4. utial. 7-,2613r- 20,-000 9000 cgc-oo LI, TERRA 13,125 4.083% 7,268 20,000 5,000 2,268 GOV LT 176 499500 15.400% 27,412 30,000 7,500 19,912 JQTALS 3219424 100.000% 178,000 140,,4" LA