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HomeMy WebLinkAboutORDINANCE 1087-1985Suggested by: Administretion CITY OF KENAI ORDINANCE NO. 1087-85 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, INCREASING ESTIMATED REVENUES AND APPROPRIATIONS IN THE AMOUNT OF $15,000 IN A NEW CAPITAL PROJECT FUND ENTITLED "AIRPORT MASTER PLAN UPDATE." WHEREAS, the U.S. Government (FAA) has awarded the City of Kenai a grant in the amount of $70,312, which represents 93.75% of costs, for an update to the Airport Master Plan; and, WHEREAS, the State of Alaska has indicated that they will participate in the project in the amount of $2,344, or 3.125% of the coats. 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: Airport Land System Increase Estimated Revenues: Appropriation of Fund Balance 2 3 4 Increase Appropriations: Airport Maintenance & Operations - Transfers Out S 2 34 Airport Master Plan Update Capital Project Fund Increase Estimated Revenues: Federal Grant $70,312 State Grant 2,344 Transfer From Airport Land System 2 344 75 000 Increase Appropriations: Engineering 000 1 t OF7 I PASSED 8Y THE COUNCIL OF TI1E CITY OF KENAI, ALA'JKA, this 18th �day of September, 1985. TOM WAGONER, YOR ATTEST: J et Whelan, City Clerk Approved by Finance: 8/29/85 First Reading: September 4, 1985 Second Reading: September 18, 1985 Effective Date: September 18, 1985 R7