HomeMy WebLinkAboutORDINANCE 0920-1984r�
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Suggested y: Administration
Ci i f OF KENAI
ORDINANCE NO. ^20-84
AN ORDINANCE (If' THE COUNCIL OF THE CITY OF KENAI, ALASKA,
INCREASING ESTIMATED REVENUES AND APPROPRIATIONS BY $66,555 IN A
NEW CAPITAL PROJECT FUND ENTITIED "CAMAI CIRCLE".
WHEREAS, the City has ueen petitioned to form an dssessrrent
district on Camai Circle in Kiana Subdivision in Kenai, and
WHEREAS, $68,555 of water and sewer bonds is all that remains of
the 1974 Refunding bond issue, and
WHEREAS, the water and sewer portion of this project is a major
eismeut of the project, and Council finds that it is .r.. the
City's best interest to use the remaining bond monies for the
entire project, because any remaining water and sewer bond monies
would probably be insufficient Lo finance any other projects.
NOW, THEREFORE, 8L IT ORDAINED BY THE COUNCIL OF THE CITY OF
KENAI, ALASKA, that the r'ollowing increases in Estimated Revenues
` and Appropriations be made:
CAMAI CIRCLE CAPITAL PROJECT FUND
Increase Estimated Revenues:
1974 Refunding Bonds L48
Increase Appropriations:
Administration $ 555
Engineering/Inspection 9,000
Construction 53,930
F Contingency 6,000
F 6a 5
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 4th day
of April, 1984.
TOM WAGONER, MAYOR
ATTEST:
Janet Whelan, City Cleric
First Reading: March 21, 1984
Second Reading: April 4, 1984
Effective Date: April 4, 1984
Approved by Finance: e4„j
92,0�
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