HomeMy WebLinkAboutORDINANCE 0655-1981n
Is
CITY OF KENAI
ORDINANCE, NO. 655-81
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA,
INCREASING ESTIMATED REVENUES AND APPROPRIATIONS IN THE "YOUTH
CENTER" CAPITAL PROJECTS FUND FOR COMPLETION OF RACQUETBALL
COURTS.
WHEREAS, to complete the racquetball courts in the youth center,
the City expects to need approximately $57,000, and
WHEREAS, the balance of unencumbered monies in the "Youth Center"
Capital Project Fund is approximately $50,500, and
WHEREAS, the additional cost of $6,500 may be provided from the
General Fund Reserve for Capital Improvements, and
WHEREAS, proper accounting practices require that all
appropriations of City monies be made by ordinance.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF
KENAI, ALASKA, thats
Baction is Estimated Revenues and Appropriations be
increased as follows:
General Fund
Increase Estimated Revenuess
Appropriation of Reserve for
Capital Improvements .500
Increase Appropriations:
Non -Departmental -Transfer to
Youth Center Capital Project Fund 86.500
Youth Center Canit� al Project Fund
Increase Estimated Revenuess L—
Transfer from General Fund .500 ���5 53 1
Increase Appropriations:
Construction 06.500
9eotion.28 The following transfers of monies in the Youth
Center Capital Project Fund be made:
From$
Contingency ($12,0001
Engineering IS 4,7001
Tot
Administration $ 210
Construction $16.490
$161700
PASSED BY THE COUNCIL OF THE CITY OF KENAI-ALASKA, this 18th day
of February, 1981. /Y
` VINCENT O'REILLY, Mtroft
ATTESTS
J,oget vlhelan, City Clerk
First Reading: February 18, 1981
Second Reading: February 18, 1981
Effective Dates February 18, 1981
Approved by Finance: C