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HomeMy WebLinkAboutORDINANCE 0993-1984--_-.,-�-----__ .�__. -.__ ._ - __ —. -_ __'_- _ �-- t=lvw?cDCJz•iTs.-sla.-: dGv'w.. �-P31�4 Suggested by: Mayor Wagoner CITY OF KENAI ORDINANCE NO. 993-84 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, APPROPRIATING $850,000 FROM THE GENERAL FUND CAPITAL IMPROVEt4ENT RESERVE FOR A GOLF COURSE. WHEREAS, the City Council has determined that it is most desirable to construct a municipal golf course, and WHEREAS, the Council wishes to immediately begin Phase 1 a. the project, which consists of a 9-hole course, with Phase 2, Which will increase the course to 18 holes, to be accomplished at a later date, and WHEREAS, the Council understands that, in accordance with KMC 7.25.090, the maximum amount that can be appropriated from the capital improvement reserve for any project is $1,000,000, without a vote of the electorate, and that the Finance Director believes that this includes all phases of a project. 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 Increase Estimated Revenues: Appropriation from Capital Improvement Reserve Increase Appropriation: Non -Departmental - Transfer to Capital Projects Golf Course Capital Project Increase is ima ad Re onUca : Transfer from General Fund Increase Appropriation: Administration Engineering Inspection Construction Contingency $850,000 $850,000 $850,000 $ 1,000 50,000 39,000 700,000 60,000 $850,000 yq3 ■ ,r1 PASSED BY THE COUNCIL OF THE C1iY OF KENAI, ALASKA, this 7th day of November, 1984. TOM G NER, f YOR ATTEST: Janet Whelan, City Clerk First Reading: October 17, 1964 Second Reading: November 7, 1984 Effective Date: November 7, 1984 Approved by Finance: cell