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HomeMy WebLinkAboutORDINANCE 0811-1982CITY OF KENAI ORDINANCE NO. 811-82 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, INCREASING ESTIMATED REVENUES AND APPROPRIATIONS IN THE "2ND AVENUE - 1982" CAPITAL PROJECT FUND, AND IN A NEW CAPITAL PROJECT FUND ENTITLED "EVERGREEN, HALLER, MCKINLEY, 3RD AND 4TH". WHEREAS, the City has receiveci a municipal grant for street improvements in the amount of $2,690,000, of which $678,920 has been allocated to other capital projects, and WHEREAS, the City desires to use the balance of this grant for the above -mentioned street projects, and WHEREAS, proper accounting practices require that all appropriations of City monies be made by ordinance. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that the following increases in estimated revenues and appropriations be mades 2nd Avcnue 1982 capital Projact Fynds Increase Estimated Revenues: 1982 Municipal Road Grant increase Appropriations: Construction Contingency EYBzasSED�..ii011ex.,..�pISSlay- 3rd & 4tbs Increase Estimated Revenues: 1982 Municipal Road Grant Increase Appropriations: Administration Engineering Inspection Construction Contingency 0 225,000 _ 25.000 4 250.000 8 1,000 ; 50,000 50,000 10560,080 1000000 Y $1,761,080 $/�y PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 15th day of September, 1982. BETTY aLICK, VICE -MAYOR - 1 ATTESTS anet Whelan, City Clerb. First Reacting: September 15, 1982 Second Reading: October 6, 1982 Effective Date: October 6, 1982 Approved by Finance: F0 _