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HomeMy WebLinkAboutORDINANCE 0992-1984� * •.. ----ems- �----� Suqqested by: Administration CITY OF KENAI ORDINANCE NO. 992-64 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, INCREASING ESTIMATED REVENUES AND APPROPRIATIONS IN THE AIRPORT TERMINAL PARKING CAPITAL PROJECT FUND BY $29,000, AND TRANSFERRING $20,970 WITHIN THE FUND. WHEREAS, the Airport Terminal Parking Capital Project Fund has experienced cost overruns in construction in the amount of approximately $49,970, aad WHEREAS, $70,970 may be; provided by a transfer from the engineering design account, and WHEREAS, the balance should be provided by the Airport lerminal Enterprise Fund. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that: 1. The following increases in estimated revenues and appropriations be made: Airport Terminal Enterprise Fund Increase Estimated Revenues: Appropriations of Retained Earnings $29,000 Increase Appropriations: Transfer to Captital projects $29,000 _Airport Terminal Parking Capital Project Fund Increase Estimated Revenues: Transfer from Airport Terminal Enterprise Fund $29,000 Increase Appropriations: Construction $29,000 2. The following transfer of monies be made in the Airport Terminal Parking Capital Project Fund: From: Engineering $20,970 To: Construction $20,970 .AM PASSED 8Y THE COUNCIL OF THE C!tY Of KENAI, ALASKA, this 23rd day of October, 1984. TOM WAGONERP I MAYUR ATTESTt QA4J�T eWhelan, City Clerk First Reading: October 17, 1984 Second Reading: October 23, 1984 Effective Date: October 23, 1964 Approved by Finance: Cq