HomeMy WebLinkAboutORDINANCE 0774-1982CITY OF KENAI
ORDINANCE NO. 774-82
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA,
INCREASING ESTIMATED REVENUES AND APPROPRIATIONS IN THE
CANDLELIGHT AND LINWOOD CAPITAL PROJECT FUND BY $793,040 FOR AN ��
INCREASE IN THE SCOPE OF THE CONSTRUCTION PROJECT TO INCLUDE WATER
• AND SEWER.
WHEREAS, the Council desires to increase the scope of the
Candlelight and Linwood Capital Project by including water and
sewer, and
( WHEREAS, it is estimated that the project will need an additional
appropriation of $793,040 to accomplish this additional work,
after taking into effect excess monies available in the
Engineering account, and
WHEREAS, water and sewer bond monies are available from the 1974
Refunding issue in the amount of $148,861, and
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WHEREAS, the additional $644,179 needed is available in the
General Fund Capital Improvement Reserve.
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NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF
KENAI, ALASKA, that estimated revenues and appropriations be
increased (decreased) as followss
Increase Estimated Revenues:
Appropriation of Reserve for Capital Improvements $§t44..1.Z1
Increase Appropriations:
Non -Departmental -Transfers out 16AL 1Z2
Increase Estimated Revenues:
_ - Transfer from General Fund $644,179
1974 Refunding Bonds -Water and Sewer 1As.11fil
€� $Z23s.g44
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Increase (Decrease) Appropriationss
Engineering $(13,200)
Inspection 83,100
Construction 665,240
Contingency IZ,AQQ
171Is- Q4Q
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 5th day
of May, 1982.
VINCENT�O'REILLY,^I4AYOR���
ATTESTS
Janet whelanTCity Clerk
First Readings May 5, 1982
Second Readings May 19, 1982
Approved by Finance L112
Effective Dates May 19, 1982
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