HomeMy WebLinkAboutORDINANCE 0656-1981-- -
CITY OF KENAI
ORDINANCE NO. 656 -81
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA,
INCREASING ESTIMATED REVENUES AND APPROPRIATIONS IN THE CAPITAL
PROTECT FUND ENTITLED "CEIP STREETS - 1980" TO PROVIDE MONIES FOR
RELOCATION OF FAA RADIO EQUIPMENT.
WHEREAS, in order to proceed with improvements to Main Street
Loop, the City must relocate FAA radio antennas and associated
equipment, and
WHEREAS, the City of Kenai received Grant 98-055 from the State
of Alaska in the amount of $2,100,000 for road improvements, of
which $1,940,i00 has been appropriated, leaving an available
i
balance of $159,900, and
WHEREAS, under the terms of Grant 98-055, the use of those monies
toward the CEIP Streets - 1980 Capital Project Fund is
permissable, and
WHEREAS, proper accounting practices require that all
i appropriations of City monies be made by ordinance.
i
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;
CEIP Streets-1980
Increase Estimated Revenues:
State Grants (Municipal Grant #8-055) ,$25,000
Increase Appropriations:
Engineering $ 5,000
Construction $20,000
525,000
PASSED BY THE COUNCIL OF THE CIT:OF KENA ASKA, this 18th day
of March, 1981.
V INCENT 0' REI LLY, YfJR"
ATTEST s
et Whelan, City Clerk
First- Readings February 18, 1981
Second Reading: March 18,1981
Effective Dates March 18,1981
Approved by Finances