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HomeMy WebLinkAboutORDINANCE 0642-1981r� i CIT`_' OF KENAI ORDINANCE NO. 642-81 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, INCREASING ESTIMATED REVENUES AND APPROPRIATIONS IN A NEW CAPITAL PROJECT FUND ENTITLED "PORT FACILITIES GRANT" BY $715,000. WHEREAS, the State of Alaska has awarded a grant to the City of lo¢a Kenai in the amount of $643,500 (which represents 90% of the estimated project costs) to be used for port facilities development in Kenai, and WHEREAS, the City's 10% local contribution, $71,500, may be provided from the State of Alaska Municipal Grant No. 8-054, which was granted to the City in July, 1980, in the amount of $500,000 for harbor study and design, and WHEREAS, proper accounting practices require that all appropriations of City monies be made by ordinance. i NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that: section is Estimated revenues and appropriations in a now capital project fund entitled "Port Facilities Grant" be increased as follows: Increase Lstimated Revenuess Transfer from Harbor Study Capital Project Fund $ 71,500 State Grant 643,500 $715 ,000 Increase Appropriations: Site Acquisition Cost $250,000 Other Engineering (Planning) 25,000 Engineering 150,000 Construction 200,000 Contingency g0.000 $7156000 Section 2s The following transfers of monies be made in the "Harbor Study" Capital Project Funds ti Ord. 642-81, Page 2 Proms Personal Services I$61,1681 Office Supplies I 1,0001 Operating Supplies f 7321 Professional Services I 651 Communications I 1,0001 Transportation I 2,9081 Advertising I 1,0001 Printing & Binding I 1,5001 Miscellaneous I 1501 Contingency Tos Transfer to "Port Facilities Grant" Capital Project Pund $71,1500 PASSED BY THE COUNCIL OF THE CITY OF KENAI, LASKA, this 27th day of PebruaLy, 1981. VINCENT O'REILLY, OR ATTESTS D net Whelan, City Clerk Approved by Finances C First Readings January 21 1981 second Readings February 23 1981 Effective Dates February 27,1981