HomeMy WebLinkAbout2020-05-06 Council Packet
Kenai City Council - Regular Meeting Page 1 of 148
May 06, 2020
Kenai City Council - Regular Meeting
May 06, 2020 ꟷ 6:00 PM
Kenai City Council Chambers
210 Fidalgo Avenue, Kenai, Alaska
*Telephonic/Virtual Information on Page 4*
www.kenai.city
Agenda
A. CALL TO ORDER
1. Pledge of Allegiance
2. Roll Call
3. Agenda Approval
4. Consent Agenda (Public comment limited to three (3) minutes) per speaker;
thirty (30) minutes aggregated)
*All items listed with an asterisk (*) are considered to be routine and non-controversial by the
council and will be approved by one motion. There will be no separate discussion of these items
unless a council member so requests, in which case the item will be removed from the consent
agenda and considered in its normal sequence on the agenda as part of the General Orders.
B. SCHEDULED PUBLIC COMMENTS
(Public comment limited to ten (10) minutes per speaker)
C. UNSCHEDULED PUBLIC COMMENTS
(Public comment limited to three (3) minutes per speaker; thirty (30) minutes aggregated)
D. PUBLIC HEARINGS
1. Ordinance No. 3117-2020 - Appropriating Funds in the Airport Fund, Accepting a Grant
From the Federal Aviation Administration and Appropriating Funds in the Airport Equipment
Capital Project Fund for the Purchase of Snow Removal Equipment (SRE) – Loader With
Attachments. (Administration)
2. Ordinance No. 3118-2020 - Increasing Estimated Revenues and Appropriations by
$1,287.44 in the General Fund – Police Department for State Traffic Grant Overtime
Expenditures. (Administration)
3. Ordinance No. 3119-2020 - Increasing General Fund Estimated Revenues and
Appropriations by $26,542 in the General Fund Parks, Recreation and Beautification
Department for an Increase of a Grant from the United States Environmental Protection
Agency Passed Through the State of Alaska Department of Environmental Conservation
for Bacteria Level Monitoring on the City’s Beaches from March 1, 2020 Through June 30,
2020. (Administration)
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May 06, 2020
4. Ordinance No. 3123-2020 - Accepting and Appropriating Funds in the Airport Fund, and
Accepting a Grant From the Federal Aviation Administration for a CARES Act
Grant. (Administration)
1. Motion for Introduction
2. Motion for Second Reading (Requires a Unanimous Vote)
3. Motion for Adoption (Requires Five Affirmative Votes)
5. Ordinance No. 3126-2020 - Accepting and Appropriating Federal CARES Act Funding
Passed Through the State of Alaska for Expenditures in Response to the COVID-19
Pandemic, Waiving the $5,000 Limitation in KMC 7.25.020 (A) on These Funds to Allow the
City Manager to Allocate the Funds to the Proper Account as Needs Arise and Declaring
an Emergency. (Administration)
1. Motion for Introduction
2. Motion for Second Reading (Requires a Unanimous Vote)
3. Motion for Adoption (Requires Five Affirmative Votes)
6. Resolution No. 2020-21 - Authorizing a Budget Transfer in the General Fund City Clerk
Department for a Software Add-On. (City Clerk)
7. Resolution No. 2020-22 - Authorizing the City of Kenai to Issue General Obligation
Refunding Bonds in the Principal Amount of Not to Exceed the Sum of $1,250,000 to Refund
Certain Outstanding General Obligation Bonds of the City, Fixing Certain Details of Such
Bonds and Authorizing Their Sale. (Administration)
8. Resolution No. 2020-23 - Approving an Exception to the Collections Policy for Delinquent
Ambulance Bills to Eliminate Out of Pocket Collection for COVID-19 Treatment/Transport
to Comply with Federal Funding Requirements. (Legal)
9. Resolution No. 2020-24 - Selecting the Successful Firm for the Professional Environmental
/ Civil Engineering & Construction Administration Services for Kenai Municipal Water,
Sewer and Wastewater Capital Improvement Projects Request for Proposals.
(Administration)
E. MINUTES
1. *Regular Meeting of April 15, 2020. (City Clerk)
2. *Special Meeting of April 16, 2020. (City Clerk)
3. *Work Session Summary of April 25, 2020. (City Clerk)
F. UNFINISHED BUSINESS
G. NEW BUSINESS
1. *Action/Approval - Bills to be Ratified. (Administration)
2. *Action/Approval - Purchase Orders Over $15,000. (Administration)
3. *Ordinance No. 3120-2020 - Accepting $26,545.90 in Asset Forfeiture Sharing Funds and
Appropriating those Funds into the Police Machinery & Equipment and Small Tools
Accounts for the Purpose of Purchasing Law Enforcement Equipment. (Administration)
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May 06, 2020
4. *Ordinance No. 3121-2020 - Adopting the Annual Budget for the Fiscal Year Commencing
July 1, 2020 and Ending June 30, 2021, Amending the Salary Schedule in Kenai Municipal
Code Chapter 23.55- Pay Plan and Amending Employee Classifications in Kenai Municipal
Code Chapter 23.50. (Administration)
5. *Ordinance No. 3122-2020 - Accepting and Appropriating a Volunteer Fire Assistance
(VFA) Grant From the United States Department of Agriculture Forest Service Passed
Through the State of Alaska Division of Forestry for the Purchase of Forestry Firefighting
Equipment. (Administration)
6. *Ordinance No. 3124-2020 - Accepting and Appropriating a Meals on Wheels COVID-19
Response Fund Grant From Meals on Wheels America for Kenai Senior Center
Expenditures in Support of COVID-19 Pandemic Response. (Administration)
7. *Ordinance No. 3125-2020 - Accepting and Appropriating Additional Nutrition,
Transportation and Support Services Grant Funds From the United Stat es Department of
Health and Human Services Passed Through the State of Alaska Department of Health and
Social Services for Kenai Senior Center Expenditures in Support of COVID-19 Pandemic
Response. (Administration)
8. Discussion – Election Method. (Mayor Gabriel)
9. Discussion - City Response to COVID-19. (Administration)
H. COMMISSION / COMMITTEE REPORTS
1. Council on Aging
2. Airport Commission
3. Harbor Commission
4. Parks and Recreation Commission
5. Planning and Zoning Commission
6. Beautification Committee
7. Mini-Grant Steering Committee
I. REPORT OF THE MAYOR
J. ADMINISTRATION REPORTS
1. City Manager
2. City Attorney
3. City Clerk
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Kenai City Council - Regular Meeting Page 4 of 148
May 06, 2020
K. ADDITIONAL PUBLIC COMMENT
1. Citizens Comments (Public comment limited to five (5) minutes per speaker)
2. Council Comments
L. EXECUTIVE SESSION
M. PENDING ITEMS
N. ADJOURNMENT
O. INFORMATION ITEMS
1. Purchase Orders Between $2,500 and $15,000.
2. Cook Inlet Regional Citizens Advisory Council Board of Directors Update
The agenda and supporting documents are posted on the City’s website at www.kenai.city. Copies of
resolutions and ordinances are available at the City Clerk’s Office or outside the Council Chamber prior
to the meeting. For additional information, please contact the City Clerk’s Office at 907-283-8231.
Join Zoom Meeting: https://us02web.zoom.us/j/82022095414
Meeting ID: 820 2209 5414
Password: 976726
Dial by your location: (253) 215 8782 -or- (301) 715 8592
Meeting ID: 820 2209 5414
Password: 976726
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Sponsored by: Administration
CITY OF KENAI
ORDINANCE NO. 3117-2020
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, APPROPRIATING
FUNDS IN THE AIRPORT FUND, ACCEPTING A GRANT FROM THE FEDERAL AVIATION
ADMINISTRATION AND APPROPRIATING FUNDS IN THE AIRPORT EQUIPMENT CAPITAL
PROJECT FUND FOR THE PURCHASE OF SNOW REMOVAL EQUIPMENT (SRE) – LOADER
WITH ATTACHMENTS.
WHEREAS, the 2002 521D Case loader at the airport is starting to require excessive and costly
repairs; and,
WHEREAS, new, upgraded and reliable equipment ensures the Airport’s capability to effectively
perform snow and ice control with dependable equipment; and,
WHEREAS, snow removal equipment is FAA eligible and grant funds are available and the City
has been awarded a grant totaling $ xxx,xxx comprised of 93.75% FAA $ xxx,xxx and requiring a
6.25% local share of $xx,xxx; and,
WHEREAS, the City advertised an Invitation to Bid on April 8, 2020 with bids due on April 21,
2020; and,
WHEREAS, the following bids were received:
Bidder Price
xxxxxxxxxxxx $ xxx,xxx
xxxxxxxxxxxx $ xxx,xxx
WHEREAS, xx bids were received and xxxxxxxxxxxxxxxxx was the lowest responsive bid; and,
WHEREAS, award of the bid to xxxxxxxxxxxxxxxxxxx is in the best interest of the City; and,
WHEREAS, the recommendation from City Administration is to award the contract to xxxxxxxxxxx
for the total cost of $ xxx,xxx.
NOW, T HEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA,
as follows:
Section 1. That the City Manager is authorized to accept grant funding for $xxx,xxx from the
Federal Aviation Administration and to execute a grant agreement and to expend grant funds to
fulfill the purpose and intent of this ordinance.
Section 2. That the estimated revenues and appropriations be increased as follows:
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Ordinance No. 3117-2020
Page 2 of 2
_____________________________________________________________________________________
New Text Underlined; [DELETED TEXT BRACKETED]
Airport Capital Equipment Fund:
Increase Estimated Revenues –
Federal Grant $XXX,XXX
Increase Appropriations –
Equipment $XXX,XXX
Section 3. That the City Manager is authorized to execute a purchase order to xxxxxxxxxxx
for $xxx,xxx.
Section 4. Severability: That if any part or provision of this ordinance or application thereof to
any person or circumstances is adjudged invalid by any court of competent jurisdiction, such
judgment shall be confined in its operation to the part, provision, or application directly involved
in all controversy in which this judgment shall have been rendered, and shall not affect or impair
the validity of the remainder of this title or application thereof to other persons or circumstances.
The City Council hereby declares that it would have enacted the remainder of this ordinance even
without such part, provision, or application.
Section 5. Effective Date: That pursuant to KMC 1.15.070(f), this ordinance shall take effect
immediately upon enactment.
ENACTED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 6th day of May, 2020.
BRIAN GABRIEL SR., MAYOR
ATTEST:
___________________________________
Jamie Heinz, CMC, City Clerk
Approved by Finance: _ __________
Introduced: April 15, 2020
Enacted: May 6, 2020
Effective: May 6, 2020
Page 6
MEMORANDUM
TO: Mayor Brian Gabriel and Kenai City Council
THROUGH: Paul Ostrander, City Manager
FROM: Mary Bondurant, Airport Manager
DATE: April 6, 2020
SUBJECT: Ordinance No. 3117-2020 – Acquire Snow Removal Equipment (SRE)
The 2002 521D Case loader is 18 years old with maintenance issues on the rise. A new loader
is grant eligible. Federal guidance requests a grant application based on hard bids by May 18,
2020.
In order to meet the deadline, the City issued the Invitation to Bid on April 8, 2020 with bids due
on April 21, 2020. The City will review the bids and Airport Administration will submit a grant
application with the lowest responsive bid by the FAA deadline.
A substitute ordinance will be included in the May 6, 2020 Council packet with the results of the
Invitation to Bid filling in the blanks on this ordinance.
Thank you for your consideration.
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MEMORANDUM
TO: Mayor Brian Gabriel and Kenai City Council
THROUGH: Paul Ostrander, City Manager
FROM: Scott Curtin, Director Public Works
DATE: April 28, 2020
SUBJECT: Ordinance No. 3117-2020 – Acquire Snow Removal Equipment (SRE)
*POSTPONEMENT*
The Federal Aviation Administration has requested the City to temporarily postpone the release
of this Bid as opportunities and requirements surrounding the CARES Act funding are being
determined. As a result we are requesting to delay Council’s action until the next meeting on May
20, 2020 when staff hopes to have more information from the Federal Aviation Administration on
this issue.
Thank you for your consideration.
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Sponsored by: Administration
CITY OF KENAI
ORDINANCE NO. 3118-2020
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, INCREASING
ESTIMATED REVENUES AND APPROPRIATIONS BY $1,287.44 IN THE GENERAL FUND –
POLICE DEPARTMENT FOR STATE TRAFFIC GRANT OVERTIME EXPENDITURES.
WHEREAS, the Kenai Police Department joins with other law enforcement agencies statewide to
support Alaska Highway Safety Office (AHSO) traffic safety programs to reduce fatalities and
injuries on roadways; and,
WHEREAS, AHSO traffic-related overtime funds require no local match and allow the department
to provide specific traffic safety patrols; and,
WHEREAS, actual AHSO overtime expenditures for traffic safety patrols totaled $1,287.44 from
December 11, 2019 through January 1, 2020; and,
WHEREAS, overtime for these additional traffic safety patrols was not budgeted and the
department is requesting appropriation into the overtime budget equal to the amount of the AHSO
grant funding received.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA,
as follows:
Section 1. That the City Manager is authorized to accept these grant funds from the State of
Alaska in the amount of $1,287.44 and to expend grant funds to fulfill the purpose and intent of
this ordinance.
Section 2. That the estimated revenues and appropriations be increased as follows:
General Fund:
Increase Estimated Revenues –
State Grants - Police $1,127.44
Increase Appropriations –
Police - Overtime $1,127.44
Section 3. Severability: That if any part or provision of this ordinance or application thereof to
any person or circumstances is adjudged invalid by any court of competent jurisdiction, such
judgment shall be confined in its operation to the part, provision, or application directly involved
in all controversy in which this judgment shall have been rendered, and shall not affect or impair
the validity of the remainder of this title or application thereof to other persons or circumstances.
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Ordinance No. 3118-2020
Page 2 of 2
_____________________________________________________________________________________
New Text Underlined; [DELETED TEXT BRACKETED]
The City Council hereby declares that it would have enacted the remainder of this ordinance even
without such part, provision, or application.
Section 4. Effective Date: That pursuant to KMC 1.15.070(f), this ordinance shall take effect
immediately upon enactment.
ENACTED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 6th day of May, 2020.
BRIAN GABRIEL SR., MAYOR
ATTEST:
___________________________________
Jamie Heinz, City Clerk
Approved by Finance: _ __________
Introduced: April 15, 2020
Enacted: May 6, 2020
Effective: May 6, 2020
Page 10
MEMORANDUM
TO: Mayor Brian Gabriel and Kenai City Council
THROUGH: Paul Ostrander, City Manager
FROM: David Ross, Police Chief
DATE: April 6, 2020
SUBJECT: Ordinance No. 3118-2020, Accepting AHSO Grant Funds
The Kenai Police Department continues to participate in traffic enforcement overtime patrols,
reimbursed to the City of Kenai through a grant by the Alaska Highway Safety Office (AHSO).
Actual overtime costs for traffic enforcement between December 11, 2019 and January 1, 2020,
which qualified for AHSO reimbursement, was $1,287.44.
AHSO overtime reimbursements are deposited into the general fund. I would respectfully
request consideration of the ordinance accepting and appropriating the grant amount to the
police overtime account.
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_____________________________________________________________________________________
New Text Underlined; [DELETED TEXT BRACKETED]
Sponsored by: Administration
CITY OF KENAI
ORDINANCE NO. 3119-2020
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, INCREASING
GENERAL FUND ESTIMATED REVENUES AND APPROPRIATIONS BY $26,542 IN THE
GENERAL FUND PARKS, RECREATION AND BEAUTIFICATION DEPARTMENT FOR AN
INCREASE OF A GRANT FROM THE UNITED STATES ENVIRONMENTAL PROTECTION
AGENCY PASSED THROUGH THE STATE OF ALASKA DEPARTMENT OF
ENVIRONMENTAL CONSERVATION FOR BACTERIA LEVEL MONITORING ON THE CITY’S
BEACHES FROM MARCH 1, 2020 THROUGH JUNE 30, 2020.
WHEREAS, the City of Kenai has a current Beach Grant Agreement in place with the Alaska
Department of Environmental Conservation for 2020 bacteria level monitoring; and,
WHEREAS, the State of Alaska Department of Environmental Conservation is amending the grant
amount to allow for additional sampling at the mouth of the Kenai river which is required to build
an adequate database for future modeling efforts and will be provided through a cooperative
agreement with the Kenai Watershed Forum; and,
WHEREAS, bacteria levels during the testing period in the past have exceeded water recreation
standards as established by the State of Alaska Department of Environmental Conservation in
Register 226 that could pose a health risk to the fishery participants and City residents utilizing
the beach; and,
WHEREAS, it is in the best interest of the City to monitor the bacteria level on its beaches.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA,
as follows:
Section 1. That the City Manager is authorized to accept a grant from the United States
Environmental Protection Agency passed through the State of Alaska Department of
Environmental Conservation and to expend the funds to fulfill the purpose the grant and of this
Ordinance.
Section 2. That FY2020 estimated revenues and appropriations be increased as follows:
General Fund:
Increase Estimated Revenues:
Federal Grants - Other $26,542
Increase Appropriations:
Parks, Recreation & Beautification –
Professional Services $26,542
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Ordinance No. 3119-2020
Page 2 of 2
_____________________________________________________________________________________
New Text Underlined; [DELETED TEXT BRACKETED]
Section 3. Severability: That if any part or provision of this ordinance or application thereof to
any person or circumstances is adjudged invalid by any court of competent jurisdiction, such
judgment shall be confined in its operation to the part, provision, or application directly involved
in all controversy in which this judgment shall have been rendered, and shall not affect or impair
the validity of the remainder of this title or application thereof to other persons or circumstances.
The City Council hereby declares that it would have enacted the remainder of this ordinance even
without such part, provision, or application.
Section 4. Effective Date: That pursuant to KMC 1.15.070(f), Section 1 of this ordinance shall
take effect upon adoption.
ENACTED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 6th day of May, 2020.
BRIAN GABRIEL SR., MAYOR
ATTEST:
___________________________________
Jamie Heinz, CMC, City Clerk
Approved by Finance: _____
Introduced: April 15, 2020
Enacted: May 6, 2020
Effective: May 6, 2020
Page 13
MEMORANDUM
TO: Mayor Brian Gabriel and Kenai City Council
THROUGH: Paul Ostrander, City Manager
FROM: Robert J. Frates, Parks & Recreation Director
DATE: April 7, 2020
SUBJECT: Ordinance No. 3119-2020
The purpose of this memorandum is to recommend passage of Ordinance No. 3119-2020
requesting an increase to the estimated revenue and appropriations in the Parks, Recreation &
Beautification Professional Services account to allow for additional water quality sampling on the
City’s beaches.
The State of Alaska Department of Environmental Conservation wishes to amend the current
Kenai Beach Monitoring and MST (Microbial Source Tracking) Grant to allow for additional
sampling to be performed through June 30, 2020. The additional parameters have not been
regularly collected in the past but are required for using predicative models developed by the
Environmental Protection Agency.
Approval of Ordinance No. 3119-2020 will add an additional $26,542 to the existing ACWA-19-
B11 grant and the new amended grant total will be $87,319.
Council’s support and approval is respectfully requested.
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P a g e 1 | 1
44129 Sterling Highway | Soldotna, AK 99669 | 907-260-5449 | www.kenaiwatershed.org
Working Together for Healthy Watersheds on the Kenai Peninsula
Amending ACWA-19-B11 Grant: Kenai Beach Monitoring and MST Assessment
Prepared for: Kenai City Council members
Prepared by: Maggie Harings and Branden Bornemann, Kenai Watershed Forum
Summary
The Kenai Watershed Forum (KWF) was contracted by the City of Kenai in 2019 to sample for bacteria
and microbial source tracking (MST) throughout the lower Kenai River and its beaches. It was recently
brought to light that DEC seeks a continuation of sampling through 2020 which would require the
following:
Passing an ordinance at the City Council meeting on May 6, 2020 to amend this grant, thereby
accepting an additional $26,542 from DEC for FY20. The amended grant total would then be
$87,319.
Passing an additional ordinance at a later date, thereby accepting funds from DEC for FY21 to
cover sampling throughout the second half of the summer.
o KWF will work with DEC to include a budget line item in the FY21 amendment for
administrative costs incurred while facilitating this grant
Intended outcome of 2020 Sampling
DEC reportedly intends to phase out of intensive summer sampling following 2020 data collected. In the
future, predictive modeling will replace previous sampling schedules and will only require occasional
sampling "spot checks" to confirm that the model is working correctly.
Background
Bacteria monitoring was initiated in Kenai in 2010
Bacteria grab samples describe "health" of river, providing snapshosts of bacteria concentrations
at a single moment in time once/week at each sampling location
Bacteria is present in the lower Kenai River + its beaches throughout the summer due to the
presence of gulls
o North, South Kenai Beaches generally see their highest bacteria concentrations of the
summer during the dipnet PUF
o Warren Ames Memorial Bridge sampling site serves as the "control" and results in few-
to-no bacteria exceedances each summer
Illness has never been linked publically to exposure from participating in the dipnet PUF
Positive outcomes of sampling
2010-2014 sampling results led to cooperative efforts between City of Kenai, DEC and KWF
resulting in:
o drastically improved best management practices (dumpsters, raking).
o thousands of fishermen educated about the importance of implementing proper washing,
filleting, storage techniques for their catch.
Ability to use predictive modeling in future years.
Higher bacteria spikes during dipnet PUF could be used to argue reduction or elimination of PUF
(should the city ever need to do so).
Should members of the Kenai City Council wish to seek more information regarding this topic, they may
access DEC reports published online here: https://dec.alaska.gov/water/water-quality/beach-program/ or
reach out to Sarah Apsens of DEC.
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1
Kenai BEACH Monitoring Program
Frequently Asked Questions
Alaska Department of Environmental Conservation
• What is the BEACH Program?
The Beaches Environmental Assessment and Coastal Health (BEACH) Act was passed by the U.S.
Congress in 2002 in response to increased occurrences of water-borne illnesses. The U.S. Environmental
Protection Agency (EPA) administers grant funds to states, tribes and territories under the Act to
establish monitoring and public notification programs. The BEACH program has established national
marine water quality monitoring and reporting standards for fecal waste contamination and notifies the
public when levels exceed state standards. The Department of Environmental Conservation (DEC) has
been implementing the BEACH program since 2002, and at Kenai Beaches since 2010.
• What Services Does the BEACH Program provide?
o DEC works with local partners to conduct sanitary surveys and water quality sampling
o DEC provides weekly updates on water quality to key stakeholders and members of the public
o DEC conducts outreach to inform beach users on how they can minimize bacteria level by
keeping the beach clean and how to keep themselves healthy while recreating
• Where does the funding come from?
The State of Alaska BEACH program receives funding from the EPA.
The 2020 BEACH sampling will be funded by two amendments, one for State Fiscal Year 2020 and one
for State Fiscal Year 2021 (the State Fiscal Year starts on July 1st). Ideally, we’d approve the two
amendments together, but the SFY21 BEACH funding is not yet available.
Unlike other DEC grants, no funding match is required for BEACH program grants.
• What is the plan for the 2020 recreation season?
In 2020 DEC plans to:
1) Continue to monitor bacteria at the north and south Kenai beaches, the gull rookery sites, and the
Warren Ames Memorial Bridge
2) Issue a general notification (press release) at the start of the recreation season
3) Provide weekly updates to stakeholders via listserv during the recreation season, and update the
Alaska Beach Monitoring webpage with monitoring results
Notifications are posted on the Alaska BEACH Monitoring webpage. Weekly results are distributed to
stakeholders.
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2
• What do these advisories look like? Who can view advisories and monitoring results?
Past advisories can be found here: htps://dec.alaska.gov/beaches/
DEC will post a general advisory at the start of the recreation season. Weekly monitoring results will be
posted on the Alaska Beach Program website https://dec.alaska.gov/beaches/. Weekly updates will be
forward weekly to Beach listserv par�cipants and posted on DEC social media.
The City and Borough may post an advisory sign at the affected beach.
The Alaska Beach Program website also will have a new interac�ve map showing advisories at specific
beaches, monitoring reports, press releases, and other project resources.
• How was the current sampling plan designed?
The monitoring locations on the north and south Kenai River beaches are used for recreation during the
personal use fishery season. The Warren Ames bridge location is a reference location, upstream of the
area most likely to be impacted by human activities on the Kenai Beaches. The monitoring locations by
the gull rookery serve as reference locations to determine fecal contamination close to area where the
gulls are nesting.
• What are the water quality criteria for Kenai Beaches?
DEC revised the water quality standards for bacteria for all state waters in 2016. DEC adopted revised
numeric values (i.e., criteria) based on EPA-recommended recreational criteria issued on a national basis
in 2012.
Exceedances are determined in two ways: statistical threshold value (STV) and geometric mean. The STV
value is used to determine if an individual sample exceeds criteria. The geometric mean is used to
determine if average bacteria levels over a 30-day period exceeds criteria.
These recreational water quality criteria were determined by the EPA to protect the public from
exposure to harmful levels of pathogens.
Water recreation, contact
In a 30-day period, the geometric mean of samples may not exceed 35 enterococci colony
forming units (CFU) /100 ml, and not more than 10% of the samples may exceed a statistical
threshold value of 130 CFU/100 ml.
Water recreation,
secondary
In a 30-day period, the geometric mean of samples may not exceed 200 fecal coliform/100
ml, and not more than 10% of the samples may exceed 400 fecal coliform/100 ml.
Harvest for consumption
of raw mollusks or other
raw seafood
The geometric mean of samples may not exceed 14 fecal coliform/100 ml; and not more
than 10% of the samples may exceed 31 CFU per 100 ml for a membrane filtration test.
Figure 1. Water quality standards for bacteria in recreational waters.
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• What are the bacteria levels on our beaches?
You can see past results on the DEC Beach Webpage: https://dec.alaska.gov/water/water-quality/beach-
program/
A final report for the 2019 season is available on the BEACH webpage.
• What are the sources of bacteria on Kenai Beaches?
Seagulls and other birds are a significant source of fecal waste on Kenai River beaches. We know this
because of Microbial Source Tracking (MST) used during the 2011, 2014, and 2019 seasons.
DEC’s key message to the public is to reduce attractants to birds by properly disposing of fish waste and
picking up trash off the beach.
MST sampling from past years indicated that dogs, an ungulate, and some human source bacteria were
also present. Beachgoers are highly encouraged to use provided outhouses and pick up after their pets.
• What is the plan for future seasons?
DEC intends to phase out active monitoring starting in 2021. Instead of weekly sampling events, DEC will
use predictive modeling to forecast bacteria levels. Occasional sampling will take place to spot check the
model.
Data collected during the 2020 season will be essential in developing a robust predictive modeling tool.
DEC updated the Kenai BEACH communication plan for 2020. The BEACH Program webpage is being
updated as well, and will include an interactive map of sampling sites and recent bacteria levels.
• Where else does BEACH Monitoring occur?
There is an active beach program in Ketchikan Alaska. Communities with past programs include: Anchor
Point, Anchorage, Dillingham, Douglas Island, Haines, Homer, Juneau, Kasilof, King Salmon, Naknek,
Nome, Petersburg, and Wrangell. Outside of Alaska, there are beach programs in Wisconsin,
Washington, Florida, and other coastal and Great Lakes states. The websites for some of these programs
are provided below:
o The State of Washington Beach webpage:
https://ecology.wa.gov/Water-Shorelines/Water-quality/Saltwater/BEACH-program
o The State of Wisconsin Beach Health webpage:
https://www.wibeaches.us/apex/f?p=BEACH:HOME
o The State of California Beach Report Card: https://beachreportcard.org/33.91029999999999/-
118.51929100000001/11
Page 18
Figure 1. Example of a public advisory from the 2019 monitoring season. Past advisories can be found on the DEC BEACH Program webpage:
https://dec.alaska.gov/water/water-quality/beach-program/
Page 19
Figure 2. A screen clip of the updated Kenai River Beaches monitoring page. The color coded map will be updated weekly (green = low bacteria, red = exceedances). Members of the public can view
past bacteria levels and learn about the BEACH program.
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Sponsored by: Administration
CITY OF KENAI
ORDINANCE NO. 3123-2020
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, ACCEPTING AND
APPROPRIATING FUNDS IN THE AIRPORT FUND, AND ACCEPTING A GRANT FROM THE
FEDERAL AVIATION ADMINISTRATION FOR A CARES ACT GRANT.
WHEREAS, on March 27, 2020 the Secretary of Transportation announced that nearly $10 billion
was being provided to eligible U.S. airports to prevent, prepare for, and respond to coronavirus
impacts, including for continuing airport operations; and,
WHEREAS, on April 14, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES
Act) Public Law 116-136 awarded the Kenai Municipal Airport $1,622,758 to keep the airport in
reliable, safe operation to serve the aviation industry, the travelling public, support the economy,
keep airport and aviation workers employed, and keep airport credit ratings stable; and,
WHEREAS, the funds are available for any purpose for which airport revenues may lawfully be
used; and,
WHEREAS, on April 24, 2020, the City Manager submitted a grant application to the Federal
Aviation Administration for $1,622,758 which may be used for any purpose for which airport funds
may be lawfully used, as found in the Office of Airports Revenue Use Policy, except airport
development or land acquisition; and
WHEREAS, legislative action designating authority for execution of the grant is required by end
of business on May 20, 2020 in order for the grant to be valid; and
WHEREAS, pursuant to KMC 1.15.70(d) the City may introduce and finally pass on the same day,
an ordinance making, repealing, transferring or otherwise changing an appropriation; and,
WHEREAS, keeping the airport in reliable, safe operation is in the best interest of the Kenai
Municipal Airport.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA,
as follows:
Section 1. That the City Manager is authorized to accept a grant in the amount of $ 1,622,758.
Section 2. That the estimated revenues and appropriations be increased as follows:
Airport Fund:
Increase Estimated Revenues –
Federal Grant $ 1,622,758
Page 21
Ordinance No. 3123-2020
Page 2 of 2
_____________________________________________________________________________________
New Text Underlined; [DELETED TEXT BRACKETED]
Increase Appropriations –
Administration - Contingency $ 1,622,758
Section 3. That the City Manager is authorized to accept grant funding for $ 1,622,758 from
the Federal Aviation Administration and to execute a grant agreement and to expend grant funds
to fulfill the purpose and intent of this ordinance.
Section 4. Severability: That if any part or provision of this ordinance or application thereof to
any person or circumstances is adjudged invalid by any court of competent jurisdiction, such
judgment shall be confined in its operation to the part, provision, or application directly involved
in all controversy in which this judgment shall have been rendered, and shall not affect or impair
the validity of the remainder of this title or application thereof to other persons or circumstances.
The City Council hereby declares that it would have enacted the remainder of this ordinance even
without such part, provision, or application.
Section 5. Effective Date: That pursuant to KMC 1.15.070(f), this ordinance shall take effect
immediately upon enactment.
ENACTED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 6th day of May, 2020.
BRIAN GABRIEL SR., MAYOR
ATTEST:
___________________________________
Jamie Heinz, CMC, City Clerk
Approved by Finance: _________________
Introduced: May 6, 2020
Enacted: May 6, 2020
Effective: May 6, 2020
Page 22
MEMORANDUM
TO: Mayor Brian Gabriel and Kenai City Council
THROUGH: Paul Ostrander, City Manager
FROM: Mary Bondurant, Airport Manager
DATE: April 27, 2020
SUBJECT: Ordinance No. 3123-2020 – CARES Act Grant
On April 14, 2020, the Secretary of Transportation announced that the Kenai Municipal Airport
was the recipient of $1,622,758 due to the Coronavirus Aid, Relief, and Economic Security Act
(CARES Act). Because the grant must be executed by the City Manager on or before May 20,
2020 after authorizing legislative action has been taken, I am requesting this Ordinance be read
twice and enacted at the same meeting to avoid any potential issues.
This grant is generally available for any purpose for which airport revenues may lawfully be used.
Thank you for your consideration.
Page 23
Sponsored by: Administration
CITY OF KENAI
ORDINANCE NO. 3126-2020
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, ACCEPTING AND
APPROPRIATING FEDERAL CARES ACT FUNDING PASSED THROUGH THE STATE OF
ALASKA FOR EXPENDITURES IN RESPONSE TO THE COVID-19 PANDEMIC, WAIVING THE
$5,000 LIMITATION IN KMC 7.25.020 (A) ON THESE FUNDS TO ALLOW THE CITY MANAGER
TO ALLOCATE THE FUNDS TO THE PROPER ACCOUNT AS NEEDS ARISE AND
DECLARING AN EMERGENCY.
WHEREAS, the World Health Organization declared COVID-19 as a pandemic on March 11,
2020; and,
WHEREAS, the first coronavirus patient in Alaska was diagnosed in Anchorage on March 12,
2020, and other positive diagnoses have since occurred on the Kenai Peninsula; and,
WHEREAS, Governor Mike Dunleavy issued a Declaration of Public Health Disaster
Emergency on March 11, 2020, and the President of the United States issued a Proclamation
Declaring a National Emergency on March 13, 2020; and,
WHEREAS, on March 18, 2020, the City Manager declared a local disaster emergency that was
extended the same day by the City Council; and,
WHEREAS, on March 24, 2020, the City Council enacted Ordinance 3115-2020 granting the City
Manager City certain emergency powers; and,
WHEREAS, on April 9, 2020 President Donald J. Trump approved a Disaster Declaration for the
State of Alaska; and,
WHEREAS, pursuant to KMC 1.15.70(d) the City may introduce and finally pass on the same day,
an ordinance making, repealing, transferring or otherwise changing an appropriation; and,
WHEREAS, state law and City Charter allow for emergency ordinances when necessary to
preserve public, peace health and safety; and,
WHEREAS, Kenai Municipal Code 7.25.020 – City Budget Control, limits the City Manager’s
authority to allocate funds in amounts $5,000 or greater; and,
WHEREAS, as federal CARES Act funds become available, the City Manager needs authority to
allocate funds as expenditures related to the COVID-19 Pandemic arise in a time sensitive
manner.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA,
as follows:
Page 24
Ordinance No. 3126-2020
Page 2 of 2
_____________________________________________________________________________________
New Text Underlined; [DELETED TEXT BRACKETED]
Section 1. Classification: that this Ordinance is not of a general and permanent nature and shall
not be codified.
Section 2. Declaration of Emergency: That the COVID-19 pandemic has created an emergency
recognized on the federal, state and local level and that this Ordinance is necessary to
immediately preserve public peace, health and safety.
Section 3. That the City Manager is authorized to accept a federal grant passed through the
State of Alaska for expenditures in support of the City’s response to the COVID-19 Pandemic.
Section 4. That the estimated revenues and appropriations be increased as follows:
General Fund:
Increase Estimated Revenues –
Federal Grants $50,000
Increase Appropriations –
Non-Departmental – General Contingency $50,000
Section 5. That the $5,000 limitation in KMC 7.25.020 is waived for these funds to allow the
City Manager to allocate funds to the correct accounts as expenditures arise.
Section 6. Severability: That if any part or provision of this ordinance or application thereof to
any person or circumstances is adjudged invalid by any court of competent jurisdiction, such
judgment shall be confined in its operation to the part, provision, or application directly involved
in all controversy in which this judgment shall have been rendered, and shall not affect or impair
the validity of the remainder of this title or application thereof to other persons or circumstances.
The City Council hereby declares that it would have enacted the remainder of this ordinance even
without such part, provision, or application.
Section 7. Effective Date: That pursuant to KMC 1.15.070(f), this ordinance shall take effect
immediately upon enactment.
ENACTED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 6th day of May, 2020.
BRIAN GABRIEL SR., MAYOR
ATTEST:
___________________________________
Jamie Heinz, CMC, City Clerk
Approved by Finance: _________________
Introduced: May 6, 2020
Enacted: May 6, 2020
Effective: May 6, 2020
Page 25
MEMORANDUM
TO: Mayor Brian Gabriel and Kenai City Council
THROUGH: Paul Ostrander, City Manager
FROM: Terry Eubank, Finance Director
DATE: April 29, 2020
SUBJECT: Ordinance 3126-2020
The purpose of this memo is to recommend enactment of Ordinance 3126-2020 which will
appropriate $50,000 of anticipated grant fund from the CARES Act passed through the State of
Alaska for COVID-19 Pandemic related expenditures and waive the $5,000 limitation of KMC
7.25.020 to provide the City Manager the authority to allocate the $50,000 to the necessary
accounts as expenditures are made.
To date the City has not received a formal grant award and this appropriation is being made in
anticipation of a grant. Should a grant not materialize any expenditures made from these funds
would be the responsibility of the City. The administration believes there is a strong likelihood a
grant is forthcoming and all expenditures being made by the City in response to COVID-19 will be
reimbursable from a CARES Act grant or funding from FEMA.
The request to waive the $5,000 limitation on budget adjustments for these funds provides the
administration the flexibility to allocate these funds where needed as those needs arise. The
administration’s traditional budgetary control is at the account level and in amounts of less than
$5,000. This ordinance expands the administration’s budgetary control for these funds to the
account level and the amount of the appropriation, $50,000.
Your support for enactment of Ordinance 3126-2020 is respectfully requested.
Page 26
_____________________________________________________________________________________
Sponsored by: City Clerk
CITY OF KENAI
RESOLUTION NO. 2020-21
A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, AUTHORIZING A
BUDGET TRANSFER IN THE GENERAL FUND - CITY CLERK DEPARTMENT FOR A
SOFTWARE ADD-ON.
WHEREAS, the City has utilized Laserfiche software since before 2001 and has historically
utilized it as a records repository for long-term or permanent records; and,
WHEREAS, Laserfiche has expanded its capabilities providing for increased efficiencies and data
tracking and reduction in paperwork circulation through automated processes which can be
utilized city-wide; and,
WHEREAS, the acquisition of the Laserfiche Forms Portal software add-on would allow for the
full realization of these efficiencies by providing a portal on our website for the public or staff
without Laserfiche seats to complete and submit forms, initializing automation processes; and,
WHEREAS, the cost of the software add-on is $7,995 and annual maintenance costs are $1,599;
and,
WHEREAS, the Clerk’s Office has been interested in the purchase of the software add-on for two
years, however, project funding made available for special projects within the City was utilized in
other ways; and,
WHEREAS, excess funding exists in the salaries budget due to Family Medical Leave and in the
transportation budget due to canceled conferences and a budget transfer would allow for the
purchase of the software add-on.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA:
Section 1. That the following budget amendment be approved:
General Fund
Decrease – City Clerk
Salaries $9,000
Transportation 1,000
$10,000
Increase – City Clerk
Software $10,000
Section 2. That this Resolution takes effect immediately upon passage.
Page 27
Resolution No. 2020-21
Page 2 of 2
_____________________________________________________________________________________
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 6th day of May, 2020.
__________________________________
BRIAN GABRIEL, SR., MAYOR
ATTEST:
______________________________________
Jamie Heinz, CMC, City Clerk
Approved by Finance: ___________
Page 28
MEMORANDUM
TO: Mayor Brian Gabriel and Kenai City Council
FROM: Jamie Heinz, City Clerk
DATE: April 25, 2020
SUBJECT: Resolution 2020-21
For two years, the City Clerk’s department has desired to purchase the Forms Portal Add-On to
our Laserfiche software; however, balancing the budget has been difficult and the funding hasn’t
been available. Because of Family Medical Leave utilization and canceled training conferences
within the City Clerk’s department, unspent salary and transportation funding could be transferred
to the software budget to purchase the add-on. Given the City’s focus on finding efficiencies,
combined with the current pandemic and the desire to significantly reduce shuffling paperwork, I
request to transfer the funds and purchase the software add-on.
This Forms Portal is a web portal that will allow for electronic submission of applications
eliminating the need for staff to enter the data from applications into spreadsheets, documents,
and other tracking methods. The electronic submission can also kick off automated processes,
creating efficiencies and a reduction in paperwork shuffling, city-wide. In the FY2020 budget, the
Planning & Zoning Department, Buildings Department, and Library Department all mentioned
future considerations for automating processes. The Fire Department has also expressed interest
in automating processes. Laserfiche and this web portal can be utilized to automate processes
for all departments city-wide, eliminating the need for each department to purchase their own
software. The records created will also be retained in what has been the record repository used
by the City since before 2001. Reporting capabilities can also be utilized to increase data used
in data driven decisions.
A few examples of processes that can benefit from automation include: public record requests,
mobile food vendor permits, burn permits, conditional use permits, variance applications, and
travel authorizations. Automation is already being utilized in liquor license renewal processing,
building maintenance requests, and will be soon utilized for the building permit process.
The cost of the portal is $7,995 and the annual maintenance is $1,599. Both staff members of
the Clerk’s office have been trained in creating forms and work flows within the software.
Thank you for your consideration.
Page 29
_____________________________________________________________________________________
Sponsored by: Administration
CITY OF KENAI
RESOLUTION NO. 2020-22
A RESOLUTION AUTHORIZING THE CITY OF KENAI TO ISSUE GENERAL OBLIGATION
REFUNDING BONDS IN THE PRINCIPAL AMOUNT OF NOT TO EXCEED THE SUM OF
$1,250,000 TO REFUND CERTAIN OUTSTANDING GENERAL OBLIGATION BONDS OF THE
CITY, FIXING CERTAIN DETAILS OF SUCH BONDS AND AUTHORIZING THEIR SALE.
WHEREAS, the City of Kenai, Alaska (the “City”) is a home rule City and under Section 11 of
Article X of the Alaska Constitution may exercise all legislative power not prohibited by law or the
charter of the City, and it has been determined that the matters set forth in this resolution are not
prohibited by law or the charter; and,
WHEREAS, there is now outstanding the General Obligation Bond, 2010 Series B (Taxable) of
the City maturing on March 1 in the years 2021 through 2030 in the aggregate principal amount
of $1,165,000 (the “2010 Bond”), issued under Resolution 2010-05 of the City; and,
WHEREAS, the Council finds that it is in the best interest of the City to provide for the refunding,
including the payment of principal of, and premium and interest on, those maturities of the 2010
Bond (the “Refunded Bond”) whose refunding the City Manager or Finance Director determines
will produce the percentage debt service savings specified in this resolution, by the issuance of
general obligation refunding bonds (the “Bonds”) in the aggregate principal amount of not to
exceed $1,250,000; and,
WHEREAS, Article IX, Section 11 of the Alaska Constitution and Section 29.47.320 of the Alaska
Statutes provide that general obligation refunding bonds may be issued without an election,
Section 29.47.300 of the Alaska Statutes provides that their issuance may be authorized by
resolution, and Section 29.47.410 of the Alaska Statutes provides that the Council by resolution
may provide for the form and manner of sale of bonds and notes; and,
WHEREAS, the Alaska Municipal Bond Bank and the City intend to enter into an Amendatory
Loan Agreement, which amends the Loan Agreement dated as of March 1, 2010, between the
Alaska Municipal Bond Bank and the City, to provide for the refunding of the Refunded Bond
through its exchange for the Bonds, and related matters; and,
WHEREAS, the Council finds that it is necessary and appropriate to delegate to the City Manager
and the Finance Director authority to determine the maturity amounts, interest rates and other
details of the Bonds, and to determine other matters that are not provided for in this resolution.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA:
Section 1. Definitions. The following terms shall have the following meanings in this resolution:
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Resolution No. 2020-22
Page 2 of 9
_____________________________________________________________________________________
A. “Amendatory Loan Agreement” means the Amendatory Loan Agreement between the City
and the Bond Bank, amending the 2010 Loan Agreement, to provide for the refunding of
the Refunded Bond through its exchange for the Bonds, and related matters.
B. “Bond” or “Bonds” means any of the “General Obligation Refunding Bonds” of the City of
Kenai the issuance and sale of which are authorized herein.
C. “Bond Bank” means the Alaska Municipal Bond Bank, a public corporation of the State of
Alaska.
D. “Bond Bank Bonds” means general obligation bonds issued by the Bond Bank to refund
all or part of its outstanding General Obligation Bonds, 2010B Series One (Taxable).
E. “Bond Register” means the registration books maintained by the Registrar, which include
the names and addresses of the Registered Owners of the Bonds or their nominees.
F. “City” means the City of Kenai, a municipal corporation of the State of Alaska, organized
as a home rule city under Title 29 of the Alaska Statutes.
G. “Council” means the Council of the City, as the general legislative authority of the City, as
the same shall be duly and regularly constituted from time to time.
H. “Code” means the Internal Revenue Code of 1986, as amended from time to time, together
with all regulations applicable thereto.
I. “Government Obligations” means obligations that are either (i) direct obligations of the
United States of America, or (ii) obligations of an agency or instrumentality of the United
States of America the timely payment of the principal of and interest on which is
unconditionally guaranteed by the United States of America
J. “Loan Agreement” means the 2010 Loan Agreement, as amended by the Amendatory
Loan Agreement.
K. “Refunded Bond” means the maturities of the 2010 Bond whose refunding is approved by
the City Manager or Finance Director under Section 12.
L. “Registered Owner” means the person named as the registered owner of a Bond in the
Bond Register.
M. “Registrar” means the City Finance Director, or any successor that the City may appoint
by resolution.
N. “Resolution” means this Resolution 20-__ of the City.
O. “2010 Loan Agreement” means the Loan Agreement dated as of March 1, 2010 between
the Bond Bank and the City.
Section 2. Authorization of Bonds and Purpose of Issuance. For the purpose of effecting the
refunding by exchange of the Refunded Bond in the manner set forth in this Resolution and the
Amendatory Loan Agreement, and to pay all costs incidental thereto and to the issuance of the
Bonds, the City hereby authorizes and determines to issue and sell the Bonds in the aggregate
principal amount of not to exceed $1,250,000.
Page 31
Resolution No. 2020-22
Page 3 of 9
_____________________________________________________________________________________
Section 3. Obligation of Bonds. The Bonds shall be direct and general obligations of the City
and the full faith and credit of the City are hereby pledged to the payment of the principal of and
interest on the Bonds. The City hereby irrevocably pledges and covenants that it will levy and
collect taxes upon all taxable property within the City without limitation as to rate or amount, in
amounts sufficient, together with other funds legally available therefor, to pay the principal of and
interest on the Bonds as the same become due and payable.
Section 4. Designation, Maturities, Interest Rates, and Other Details of Bonds. The Bonds shall
be designated “City of Kenai, Alaska, General Obligation Refunding Bonds.” The Bonds shall be
in the denomination of $5,000 or any integral multiple thereof, shall be numbered separately in
the manner and with such additional designation as the Registrar deems necessary for purposes
of identification, and may have endorsed thereon such legends or text as may be necessary or
appropriate to conform to the rules and regulations of any governmental authority or any usage
or requirement of law with respect thereto.
The Bonds shall mature in one or more years commencing no earlier than 2021 and ending no
later than 2030. The Bonds shall bear interest from their date, payable commencing on or after
July 1, 2020, and semiannually thereafter. Interest will be computed on the basis of a 360-day
year consisting of twelve 30-day months.
Subject to Section 2 and the remainder of this section, the aggregate principal amount, the
principal amount of each maturity, the interest rates, the dated date, the principal and interest
payment dates and the record dates for principal and interest payments on the Bonds shall be
determined at the time of execution of the Amendatory Loan Agreement under Section 16.
Section 5. Optional Redemption. The Bonds shall not be subject to optional redemption by the
City prior to maturity.
Section 6. Form of Bond. Each Bond shall be in substantially the following form, with such
variations, omissions and insertions as may be required or permitted by this Resolution:
UNITED STATES OF AMERICA
STATE OF ALASKA
CITY OF KENAI
(A Municipal Corporation of the State of Alaska)
NO. _____ $_______
GENERAL OBLIGATION REFUNDING BOND, 2020 SERIES __
Registered Owner
Principal Amount DOLLARS
The City of Kenai (the “City”), a municipal corporation of the State of Alaska, hereby
acknowledges itself to owe and for value received promises to pay to the Registered Owner
identified above, or registered assigns, the principal amount shown above in the following
installments on _______ 1 of each of the following years, and to pay interest on such installments
from the date hereof, payable on _____ 1, 2020 and semiannually thereafter on the ___ days of
__________ and ___________ of each year, at the rates per annum as follows:
Page 32
Resolution No. 2020-22
Page 4 of 9
_____________________________________________________________________________________
Year Principal Amount Interest Rate Year Principal Amount Interest Rate
When this Bond is owned by the Alaska Municipal Bond Bank (the “Bond Bank”), payment of
principal and interest shall be made as provided in the Loan Agreement between the Bond Bank
and the City dated as of March 1, 2010, as amended. When this Bond is not owned by the Bond
Bank, installments of principal and interest on this Bond shall be paid by check or draft mailed by
first class mail to the Registered Owner as of the close of business on the 15th day of the month
preceding each installment payment date; provided that the final installment of principal and
interest on this Bond shall be payable upon presentation and surrender of this Bond by the
Registered Owner at the office of the Registrar. Interest will be computed on the basis of a 360-
day year consisting of twelve 30-day months. Both principal of and interest on this Bond are
payable in lawful money of the United States of America which, on the respective dates of
payment thereof, shall be legal tender for the payment of public and private debts.
This Bond is one of the General Obligation Refunding Bonds, 2020 Series __ of the City of Kenai,
Alaska, of like tenor and effect except as to interest rate, serial number and maturity, aggregating
$__________ in principal amount, and constituting Bonds authorized for the purpose of refunding
certain general obligation bonds issued by the City, and is issued under Resolution No. 2020-__
of the City entitled:
A RESOLUTION AUTHORIZING THE CITY OF KENAI TO ISSUE GENERAL
OBLIGATION REFUNDING BONDS IN THE PRINCIPAL AMOUNT OF NOT TO
EXCEED THE SUM OF $1,250,000 TO REFUND CERTAIN OUTSTANDING
GENERAL OBLIGATION BONDS OF THE CITY, FIXING CERTAIN DETAILS OF
SUCH BONDS AND AUTHORIZING THEIR SALE.
(the “Resolution”).
Installments of principal of this Bond shall not be subject to prepayment at the option of the City
prior to maturity.
This Bond is transferable as provided in the Resolution, (i) only upon the bond register of the City,
and (ii) upon surrender of this Bond together with a written instrument of transfer duly executed
by the Registered Owner or the duly authorized attorney of the Registered Owner, and thereupon
a new fully registered Bond or Bonds in the same aggregate principal amount and maturity shall
be issued to the transferee in exchange therefor as provided in the Resolution and upon the
payment of charges, if any, as therein prescribed. The City may treat and consider the person in
whose name this Bond is registered as the absolute owner hereof for the purpose of receiving
payment of, or on account of, the principal or redemption price, if any, hereof and interest due
hereon and for all other purposes whatsoever.
This Bond is a general obligation of the City of Kenai and the full faith and credit of the City are
pledged for the payment of the principal of and interest on this Bond as the same shall become
due.
IT IS HEREBY CERTIFIED AND RECITED that all conditions, acts or things required by the
constitution or statutes of the State of Alaska and the home rule charter of the City to exist, to
have happened or to have been performed precedent to or in the issuance of this Bond exist,
have happened and have been performed, and that the series of Bonds of which this is one,
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Resolution No. 2020-22
Page 5 of 9
_____________________________________________________________________________________
together with all other indebtedness of the City, is within every debt and other limit prescribed by
said constitution, statutes or charter.
IN WITNESS WHEREOF, THE CITY OF KENAI, ALASKA, has caused this Bond to be signed in
its name and on its behalf by the manual or facsimile signature of its Mayor and its corporate seal
(or a facsimile thereof) to be impressed or otherwise reproduced hereon and attested by the
manual or facsimile signature of its Clerk, all as of the ____ day of ____________ 2020.
______________________________
Brian Gabriel, Mayor
A T T E S T:
_______________________________
Jamie Heinz, CMC, City Clerk
[ S E A L ]
ASSIGNMENT
For value received, the undersigned sells, assigns and transfers to (print or typewrite
name, address, zip code and Social Security number or other tax identification number of
Transferee)
this Bond and irrevocably constitutes and appoints
attorney to transfer this Bond on the Bond Register, with full power of substitution in the premises.
Dated:
Signature Guaranteed:
Notice: The assignor’s signature to this assignment must correspond with the name as it appears
upon the face of this Bond.
Section 7. Execution. The Bonds shall be executed in the name of the City by the manual or
facsimile signature of the Mayor, and its corporate seal (or a facsimile thereof) shall be impressed
or otherwise reproduced thereon and attested by the manual or facsimile signature of the City
Clerk. The execution of a Bond on behalf of the City by persons who at the time of the execution
are duly authorized to hold the proper offices shall be valid and sufficient for all purposes, although
any such person shall have ceased to hold office at the time of delivery of the Bond or shall not
have held office on the date of the Bond.
Section 8. Payment of Principal and Interest. The Bonds shall be payable in lawful money of
the United States of America which at the time of payment is legal tender for the payment of public
and private debts. When the Bond Bank is the Registered Owner of the Bonds, payment of
principal and interest on the Bonds shall be made as provided in the Loan Agreement. When the
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Resolution No. 2020-22
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_____________________________________________________________________________________
Bond Bank is not the Registered Owner of the Bonds, installments of principal and interest on the
Bonds shall be paid by check mailed by first class mail to the Registered Owner as of the record
date for the installment payment at the address appearing on the Bond Register; provided that
the final installment of principal and interest on a Bond shall be payable upon presentation and
surrender of the Bond by the Registered Owner at the office of the Registrar.
Section 9. Registration. The Bonds shall be issued only in registered form as to both principal
and interest. The City designates the City Finance Director as Registrar for the Bonds. The
Registrar shall keep, or cause to be kept, the Bond Register at the principal office of the City. The
City covenants that, until all Bonds have been surrendered and canceled, it will maintain a system
for recording the ownership of each Bond that complies with the provisions of Section 149 of the
Code. The City and the Registrar may treat the person in whose name any Bond shall be
registered as the absolute owner of such Bond for all purposes, whether or not the Bond shall be
overdue, and all payments of principal of and interest on a Bond made to the Registered Owner
thereof or upon its order shall be valid and effectual to satisfy and discharge the liability upon such
Bond to the extent of the sum or sums so paid, and neither the City nor the Registrar shall be
affected by any notice to the contrary.
Section 10. Transfer and Exchange. Bonds shall be transferred only upon the books for the
registration and transfer of Bonds kept at the office of the Registrar. Upon surrender for transfer
or exchange of any Bond at such office, with a written instrument of transfer or authorization for
exchange in form and with guaranty of signature satisfactory to the Registrar, duly executed by
the Registered Owner or the duly authorized attorney of the Registered Owner, the City shall
execute and deliver an equal aggregate principal amount of Bonds of the same maturity of any
authorized denominations, subject to such reasonable regulations as the City may prescribe and
upon payment sufficient to reimburse it for any tax, fee or other governmental charge required to
be paid in connection with such transfer or exchange. All Bonds surrendered for transfer or
exchange shall be canceled by the Registrar.
Section 11. Bonds Mutilated, Destroyed, Stolen or Lost. Upon surrender to the Registrar of a
mutilated Bond, the City shall execute and deliver a new Bond of like maturity and principal
amount. Upon filing with the Registrar of evidence satisfactory to the City that a Bond has been
destroyed, stolen or lost and of the ownership thereof, and upon furnishing the City with indemnity
satisfactory to it, the City shall execute and deliver a new Bond of like maturity and principal
amount. The person requesting the execution and delivery of a new Bond under this section shall
comply with such other reasonable regulations as the City may prescribe and pay such expenses
as the City may incur in connection therewith.
Section 12. Designation of Refunded Bond. The City Manager and the Finance Director each
is authorized to designate which, if any, maturities of the 2010 Bond authorized to be refunded in
this Resolution shall be refunded, provided that the refunding of the 2010 Bond so designated
shall realize a debt service savings in the aggregate of at least three percent of its principal
amount, net of all issuance costs and underwriting discount, on a present value basis.
Section 13. Tax Covenants. The City covenants to comply with any and all applicable
requirements set forth in the Code in effect from time to time to the extent that such compliance
shall be necessary for the exclusion of the interest on the Bonds from gross income for federal
income tax purposes. Without limiting the generality of the foregoing, the City covenants that it
will make no use or investment of the proceeds of the Bonds that will cause the Bonds to be
“arbitrage bonds” subject to federal income taxation by reason of section 148 of the Code, and
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Resolution No. 2020-22
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_____________________________________________________________________________________
that it will not take or permit any action that would cause the Bonds to be “private activity bonds”
as defined in Section 141 of the Code.
Section 14. Amendatory and Supplemental Resolutions.
A. The Council from time to time and at any time may adopt a resolution or resolutions
supplemental hereto, which resolution or resolutions thereafter shall become a part of this
Resolution, for any one or more of the following purposes:
1. To add to the covenants and agreements of the City in this Resolution other covenants
and agreements thereafter to be observed, or to surrender any right or power herein
reserved to or conferred upon the City.
2. To make such provisions for the purpose of curing any ambiguities or of curing,
correcting or supplementing any defective provision contained in this Resolution or in
regard to matters or questions arising under this Resolution as the Council may deem
necessary or desirable and not inconsistent with this Resolution and which shall not
adversely affect the interests of the Registered Owners of the Bonds.
Any such supplemental resolution may be adopted without the consent of the
Registered Owner of any of the Bonds at any time outstanding, notwithstanding any of
the provisions of subsection B of this section.
B. With the consent of the Registered Owners of not less than 60 percent in aggregate
principal amount of the Bonds at the time outstanding, the Council may adopt a resolution
or resolutions supplemental hereto for the purpose of adding any provisions to or
changing in any manner or eliminating any of the provisions of this Resolution or of any
supplemental resolution; provided, however, that no such supplemental resolution shall:
1. Extend the fixed maturity of any of the Bonds, or reduce the rate of interest thereon,
or extend the time of payments of interest from their due date, or reduce the amount
of the principal thereof, or reduce any premium payable on the redemption thereof,
without the consent of the Registered Owners of each Bond so affected (the Bond
Bank as Registered Owner of each Bond so affected may give such consent by
executing an amendment to the Loan Agreement that includes the changes that are
effected by such supplemental resolution); or
2. Reduce the aforesaid percentage of Registered Owners of Bonds required to approve
any such supplemental resolution without the consent of the Registered Owners of all
of the Bonds then outstanding.
It shall not be necessary for the consent of the Registered Owners of the Bonds under
this subsection to approve the particular form of any proposed supplemental
resolution, but it shall be sufficient if such consent approves the substance thereof.
C. Upon the adoption of any supplemental resolution under this section, this Resolution shall
be deemed to be modified and amended in accordance therewith, and the respective
rights, duties and obligations under this Resolution of the City and all Registered Owners
of outstanding Bonds shall thereafter be subject in all respects to such modification and
amendment, and all the terms and conditions of the supplemental resolution shall be
deemed to be part of the terms and conditions of this Resolution for any and all purposes.
Page 36
Resolution No. 2020-22
Page 8 of 9
_____________________________________________________________________________________
D. Bonds executed and delivered after the execution of any supplemental resolution
adopted under this section may bear a notation as to any matter provided for in such
supplemental resolution, and if such supplemental resolution shall so provide, new Bonds
modified so as to conform, in the opinion of the City, to any modification of this Resolution
contained in any such supplemental resolution may be prepared by the City and delivered
without cost to the Registered Owners of the Bonds then outstanding, upon surrender for
cancellation of such Bonds in equal aggregate principal amounts.
Section 15. Defeasance. In the event money and/or non-callable Government Obligations
maturing at such times and bearing interest to be earned thereon in amounts sufficient to redeem
and retire any or all of the Bonds in accordance with their terms are set aside in a special trust
account to effect such redemption or retirement and such moneys and the principal of and interest
on such Government Obligations are irrevocably set aside and pledged for such purpose, then
no further payments need be made to pay or secure the payment of the principal of and interest
on such Bonds and such Bonds shall be deemed not to be outstanding.
Section 16. Exchange of Bonds; Amendatory Loan Agreement. The Bonds shall be delivered
to the Bond Bank in exchange for the Refunded Bond. Subject to the limitations provided in
Sections 2 and 4, each of the City Manager and the Finance Director is hereby authorized to
determine the aggregate principal amount, maturity amounts, interest rates, yields, dated date,
principal and interest payment dates, record dates for principal and interest payments, and other
details of the Bonds; provided that: (i) the principal amount of each maturity of the Bonds shall
not exceed the principal amount of the portion of the corresponding maturity of the Bond Bank
Bonds that is allocated to the making of a loan to the City; and (ii) the interest rate on each maturity
of the Bonds shall not exceed the interest rate on the corresponding maturity of the Bond Bank
Bonds. Based upon the foregoing determinations, each of the City Manager and the Finance
Director is authorized to negotiate and execute the Amendatory Loan Agreement.
Section 17. Authority of Officers. The Mayor, the acting Mayor, the City Manager, the acting City
Manager, the Finance Director, the acting Finance Director, the City Clerk, and the acting City
Clerk each is authorized and directed to do and perform all things and determine all matters not
determined by this Resolution, to the end that the City may carry out its obligations under the
Bonds and this Resolution. The City Manager and the Finance Director each is further authorized
from time to time to approve a revised schedule of principal payment amounts and interest rates
for the Bonds, in accordance with the refinancing provisions of the Loan Agreement, in connection
with a refunding of the Bond Bank Bonds, so long as the said officer finds that the revised debt
service schedule is financially advantageous to the City. The City Manager and the Finance
Director, each is authorized to sign an amendment to the Loan Agreement that sets forth the
revised debt service schedule, and the City Manager, acting City Manager, the Finance Director,
acting Finance Director, , the City Clerk and the acting City Clerk and other appropriate officers
of the City are authorized and directed to take such steps, to do such other things, and to execute
such letters, certificates, agreements, or instruments as in their judgment may be necessary,
appropriate or desirable for refinancing the Bonds in connection with a refunding of the Bond Bank
Bonds.
Section 18. Prohibited Sale of Bonds. No person, firm or corporation, or any agent or employee
thereof, acting as financial consultant to the City under an agreement for payment in connection
with the sale of the Bonds, is eligible to purchase the Bonds as a member of the original
underwriting syndicate either at public or private sale.
Page 37
Resolution No. 2020-22
Page 9 of 9
_____________________________________________________________________________________
Section 19. Ongoing Disclosure. The City acknowledges that, under Rule 15c2-12 of the
Securities and Exchange Commission (the “Rule”), the City may now or in the future be an
“obligated person” with respect to the Bond Bank Bonds. In accordance with the Rule and as the
Bond Bank may require, the City shall enter into a continuing disclosure agreement and undertake
to provide certain annual financial information and operating data as shall be set forth in the
Amendatory Loan Agreement.
Section 20. Miscellaneous.
A. All payments made by the City of, or on account of, the principal of or interest on the
Bonds shall be made on the several Bonds ratably and in proportion to the amount due
thereon, respectively, for principal or interest as the case may be.
B. No recourse shall be had for the payment of the principal of or the interest on the Bonds
or for any claim based thereon or on this Resolution against any member of the Council
or officer of the City or any person executing the Bonds. The Bonds are not and shall not
be in any way a debt or liability of the State of Alaska or of any political subdivision thereof,
except the City, and do not and shall not create or constitute an indebtedness or
obligation, either legal, moral or otherwise, of said state or of any political subdivision
thereof, except the City.
Section 21. Severability. If any one or more of the provisions of this resolution shall be declared
by any court of competent jurisdiction to be contrary to law, then such provision shall be null and
void and shall be deemed separable from the remaining provisions of this Resolution and shall in
no way affect the validity of the other provisions of this Resolution or of the Bonds.
Section 22. Effective Date. This resolution shall take effect upon adoption.
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 6th day of May, 2020.
__________________________________
BRIAN GABRIEL, SR., MAYOR
ATTEST:
______________________________________
Jamie Heinz, CMC, City Clerk
Page 38
FORM OF
AMENDATORY LOAN AGREEMENT
THIS AMENDATORY LOAN AGREEMENT, dated as of the [___] day of [____]
20[__] (the “Loan Agreement”), between the Alaska Municipal Bond Bank (the “Bank”), a
body corporate and politic constituted as an instrumentality of the State of Alaska (the
“State”) exercising public and essential governmental functions, created pursuant to the
provisions of Chapter 85, Title 44, Alaska Statutes, as amended (the “Act”), having its
principal place of business at Juneau, Alaska, and [___________________], Alaska, a
duly constituted ______________ of the State (the “[City] [Borough]”):
WITNESSETH:
WHEREAS, pursuant to the Act, the Bank is authorized to issue bonds and loan
money (the “Loans”) to governmental units; and
WHEREAS, the [City] [Borough] is a “Governmental Unit” as defined in the General
Bond Resolution of the Bank hereinafter mentioned and is authorized to accept a Loan
from the Bank, evidenced by its municipal bond; and
WHEREAS, to provide for the issuance of bonds of the Bank to obtain from time
to time money with which to make, and or refinance, municipal Loans, the Board of
Directors of the Bank (the “Board”) adopted its General Obligation Bond Resolution on
July 13, 2005, as amended (the “General Bond Resolution”); and
WHEREAS, the Board approved certain modifications to the General Bond
Resolution, effective on the date when all bonds issued under the terms of the General
Bond Resolution, prior to February 19, 2013, cease to be outstanding; and
WHEREAS, the Bank made a Loan to the [City] [Borough] from proceeds of the
Bank’s _______________ Bonds, _____ Series __ (“_____ Series __ Bonds”) in the
amount of $_______________, evidenced by a Loan Agreement dated
________________ 1, ____ (the “Loan Agreement”) between the Bank and the [City]
[Borough]; and
WHEREAS, the Bank’s _____ Series ___ Bonds were issued pursuant to the
terms of the Bank’s General Bond Resolution, as amended and supplemented by a series
resolution; and
WHEREAS, as security for repayment of the Loan and as provided in the [_____]
Loan Agreement, the [City] [Borough] issued its __________________ Bond, ____
Series __, dated ________________ __, _____ (the “Municipal Bond”) of which the Bank
is the registered owner; and
Page 39
WHEREAS, the Bank has determined that refunding a portion of the outstanding
____ Series __ Bonds will result in a debt service savings thereon and on the Municipal
Bond; and
WHEREAS, on April 29, 2020, the Board adopted Series Resolution No. 2020-01
(the “Series Resolution” and, together with the General Bond Resolution, the “Bond
Resolution”) authorizing, among other things, the issuance of its General Obligation and
Refunding Bonds, 2020 Series One (the “Refunding Bonds”), in part to refund a portion
of the ____ Series __ Bonds; and
WHEREAS, to effect the proposed refunding and resulting debt service savings on
the ____ Series __ Bonds and the Municipal Bond, and to conform the terms of the Loan
Agreement to the current practices of the Bank, it is necessary to amend the terms of the
Loan Agreement and to provide for the issuance by the [City][Borough] to the Bank of the
[City’s][Borough’s] _________ Bond (the “_____ Municipal Bonds” and together with the
______ Municipal Bond, the “Municipal Bond”) and for the refunding of the
[City’s][Borough’s] Municipal Bond as provided herein.
NOW, THEREFORE, the parties agree as follows:
1. The Bank will refund a portion of the outstanding _____ Series __ Bonds as
provided in the Series Resolution. The amounts of the principal installments of the
Municipal Bond corresponding to the refunded maturities of the ____ Series __ Bonds,
and the interest payable thereon, shall be adjusted pro rata in accordance with the debt
service payable on the Refunding Bonds, as set forth in the ____ Municipal Bond
delivered to the Bank in exchange for the ____ Municipal Bond. The ____ Municipal
Bond shall mature in the principal amounts and bear interest at the rates per annum as
stated on Exhibit A appended hereto.
2. Section 2 of the ______ Loan Agreement is amended to include the
following paragraph:
The [City] [Borough] represents that it has duly adopted or will adopt all necessary
ordinances or resolutions, including [Ordinance] [Resolution] No. ________, adopted on
_________ __, 20__ (the “[City] [Borough] Refunding [Ordinance] [Resolution]” and
together with the [City’s][Borough’s] ____ [Resolution][Ordinance], the
“[City’s][Borough’s] [Resolution][Ordinance]”), and has taken or will take all proceedings
required by law to enable it to enter into this Amendatory Loan Agreement and to issue
its ____ Municipal Bond to the Bank and that the ____ Municipal Bond will constitute [a
general obligation bond, secured by the full faith and credit] [a revenue bond, a special
and limited obligation] of the [City] [Borough], all duly authorized by the [City] [Borough]
Refunding [Ordinance] [Resolution].
3. The ____ Municipal Bond shall be subject to optional prepayment prior to
maturity on and after the same date, and on the same terms as the Refunding Bonds may
be subject to optional redemption as set forth in Appendix A.
Page 40
4. [__] of the ____ Loan Agreement is amended to include the following
paragraph:
The [City][Borough] represents that the [City’s][Borough’s] [Resolution][Ordinance]
is in full force and effect and has not been amended, supplemented or otherwise modified,
other than by the [City][Borough] Refunding [Resolution]Ordinance] and as previously
certified by the [City][Borough] to the Bank.
5. [Section [ ] of the _____ Loan Agreement is amended by replacing the
current language with the following:
The [City] [Borough] agrees that if its bonds constitute twenty percent (20%) or
more of the outstanding principal of municipal bonds held by the Bank under its General
Bond Resolution it shall provide to the Bank for inclusion in future official statements of
the Bank and the Bank’s annual reports, to the extent required by the Bank’s continuing
disclosure undertakings, financial and operating information of the City of the type and in
the form requested by the Bank.
The [City] [Borough] further agrees that if its bonds constitute twenty percent (20%)
or more of the outstanding principal of municipal bonds held by the Bank under its General
Bond Resolution, it shall execute a continuing disclosure agreement prepared by the
Bank for purpose of Securities and Exchange Commission Rule 15c2-12, adopted under
the Securities and Exchange Act of 1934.]
[6. A new Section __ is added to the Loan Agreement, as follows:
The [City] [Borough] hereby agrees to keep and retain, until the date six years after
the retirement of the ____ Municipal Bond, or any bond issued to refund the ____
Municipal Bond, or such longer period as may be required by the [City’s] [Borough’s]
record retention policies and procedures, records with respect to the investment,
expenditure and use of the proceeds derived from the sale of its ____ Municipal Bond,
including without limitation, records, schedules, bills, invoices, check registers, cancelled
checks and supporting documentation evidencing use of proceeds, and investments
and/or reinvestments of proceeds. The [City] [Borough] agrees that all records required
by the preceding sentence shall be made available to the Bank upon request.]
[7. A new Section __ is added to the ____ Loan Agreement, as follows:
The [City] [Borough] hereby agrees that it shall fully fund, at the time of loan
funding, its debt service reserve fund (in an amount equal to $_____________ ) which
secures payment of principal and interest on its Municipal Bond, and that such fund shall
be held in the name of the [City] [Borough] with the Trustee. The [City] [Borough] further
agrees that the yield on amounts held in such debt service reserve account shall be
restricted to a yield not in excess of ______________ percent.]
8. A new Section __ is added to the ____ Loan Agreement, as follows:
Page 41
(a) The [City] [Borough] hereby certifies that all ____ Municipal Bond proceeds,
except for those proceeds that are accounted for as transferred proceeds in the arbitrage
certificate for its ____ Municipal Bond, have been expended prior to the date hereof.
(b) The [City] [Borough] hereby certifies that to date all required rebate
calculations relating to the ____ Municipal Bond have been timely performed and the
[City] [Borough] has remitted any necessary amount(s) to the Internal Revenue Service.
(c) The [City] [Borough] hereby certifies that (i) the ____ Municipal Bond was
issued exclusively for new money purposes; and (ii) the ____ Municipal Bond has not
previously been used to directly or indirectly advance refund a prior issue of any municipal
bonds of the [City][Borough].]
9. A new Section __ is added to the ____ Loan Agreement, as follows:
Except as heretofore amended and as amended hereby, the Loan Agreement will
remain in full force and effect so long as the ____ Municipal Bond remains outstanding.
IN WITNESS WHEREOF, the parties hereto have executed this Amendatory Loan
Agreement as of the date first set forth above.
ALASKA MUNICIPAL BOND BANK
By:
DEVEN MITCHELL
Executive Director
[CITY] [BOROUGH], ALASKA
By:
Its:
Page 42
EXHIBIT A
_________________, Alaska
____________________, ____ Series __, As Amended on _____________ __, 20__
Principal Sum of $_____________________
Principal Payment Date
( 1, 20 )
Principal
Amount
Interest
Rate
Principal installments shall be payable on __________ 1 in each of the years, and in the
amounts set forth above. Interest on the ____ Municipal Bond shall be payable on
_________ 1, 20__, and thereafter on ________ 1 and ________ 1 of each year.
[Prepayment Provisions: The Municipal Bond principal installments are not subject to
prepayment prior to maturity.]
Optional Prepayment: The Municipal Bond principal installments due on or after
___________ 1, 20__ are subject to prepayment in whole or in part at the option of the
[City] [Borough] on any date on or after __________ 1, 20__, at a price of 100% of the
principal amount thereof to be prepaid, plus accrued interest to the date of prepayment.
Page 43
MEMORANDUM
TO: Mayor Brian Gabriel and Kenai City Council
THROUGH: Paul Ostrander, City Manager
FROM: Terry Eubank
DATE: April 3, 2020
SUBJECT: Resolution 2020-22
The purpose of this memo is to recommend adoption of Resolution 2020-22 which will authorize
the advanced refunding of the City’s 2010 Library Expansion Bonds.
The 2010 Library Expansion Bonds totaled $2,000,000 and were issued for to expand the Kenai
Community Library. The original bonds were a combination of traditional tax-exempt bonds and
taxable Recovery Zone Economic Development Bonds. All tax-exempt bonds have been retired
leaving only the taxable Recovery Zone Economic Development Bonds. These bonds are
callable in October of this year.
Resolution 2020-22 will authorize the issuance of new tax-exempt bonds from which the
proceeds will used to retire the original bonds. The new bonds will be at a lower interest rate
resulting in lower debt service over the remaining ten years of the debt. Total savings are
estimated at $84,802.69 with a present value of $75,620.08. Future debt service will be reduced
by an average of $8,480 per year.
Your support is respectfully requested.
Page 44
_____________________________________________________________________________________
Sponsored by: Legal
CITY OF KENAI
RESOLUTION NO. 2020-23
A RESOLUTION OF THE CITY OF KENAI, ALASKA, APPROVING AN EXCEPTION TO THE
COLLECTIONS POLICY FOR DELINQUENT AMBULANCE BILLS TO ELIMINATE OUT OF
POCKET COLLECTION FOR COVID-19 TREATMENT/TRANSPORT TO COMPLY WITH
FEDERAL FUNDING REQUIREMENTS.
WHEREAS, the City of Kenai Fire Department provides emergency healthcare and ambulance
services with certain associated fees; and,
WHEREAS, Resolution No. 2011-06 approved a Collection Policy for Delinquent City Ambulance
Bills; and,
WHEREAS, $15,000 has been deposited in City accounts from the CARES Act Provider Relief
Fund; and,
WHEREAS, these funds are federal payments to healthcare providers, such as the City’s Fire
Department, conditioned on providers agreeing not to seek out-of-pocket payments from COVID-
19 patients; and,
WHEREAS, it is in the best interest of the City of Kenai to amend its Collection Policy for
Delinquent City Ambulance Bills to eliminate out-of-pocket collection for COVID-19 treatment and
transport.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA:
Section 1. That the City’s Collection Policy for Delinquent City Ambulance Bills is amended
by adding a new Section 4 to read as follows:
Patients who have an unpaid balance after receiving a minimum of two invoices, and after
receiving notification of the City’s Charity Care Policy, shall be subject to the following collection
procedures:
1. The City shall issue a demand for payment indicating the balance owed and providing
documentation of the City’s Charity Care Policy. The demand shall include a date by
which the City must be paid in full or by which the patent must make written repayment
arrangements with the City.
2. Patients may enter into a payment plan with the City for payment of their past-due balance.
A payment plan may include a signed confession of judgement, a written repayment
agreement, an assignment of their Alaska Permanent Fund dividend, or any combination
thereof.
Page 45
Resolution No. 2020-23
Page 2 of 2
_____________________________________________________________________________________
3. Patients failing to satisfy their account by payment, by approval for charity care, and/or by
entering into a repayment plan by the due date may be turned over to the City’s third-party
collection agent for further collection action.
4. As an exception to this Policy and any other billing policies or practices of the City of Kenai,
patients treated or transported for COVID-19 symptoms by the City of Kenai Fire
Department shall not be billed for out-of-pocket expenses.
Section 2. That this resolution takes effect immediately upon passage.
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 6th day of May, 2020.
__________________________________
BRIAN GABRIEL, SR., MAYOR
ATTEST:
______________________________________
Jamie Heinz, CMC, City Clerk
Page 46
MEMORANDUM
TO: Mayor Brian Gabriel and Kenai City Council
FROM: Scott Bloom, City Attorney
DATE: April 28, 2020
SUBJECT: Resolution 2020-23
The City received $15,000 from the CARES Act Provider Relief Fund for healthcare services
provided by the Fire Department. As a condition of acceptance of the funds, the City must agree
to forego out-of-pocket payments from patients treated and transported for COVID-19. Amending
the City’s current Collection Policy for Delinquent City Ambulance Bills to exclude out-of-pocket
collection from patients treated and transported for COVID-19 will assure compliance with the
CARES Act Provider Relief Fund. The proposed amendment is provided below in underline:
Patients who have an unpaid balance after receiving a minimum of two invoices, and after
receiving notification of the City’s Charity Care Policy, shall be subject to the following collection
procedures:
1. The City shall issue a demand for payment indicating the balance owed and providing
documentation of the City’s Charity Care Policy. The demand shall include a date by
which the City must be paid in full or by which the patent must make written repayment
arrangements with the City.
2. Patients may enter into a payment plan with the City for payment of their past-due
balance. A payment plan may include a signed confession of judgement, a written
repayment agreement, an assignment of their Alaska Permanent Fund dividend, or any
combination thereof.
3. Patients failing to satisfy their account by payment, by approval for charity care, and/or by
entering into a repayment plan by the due date may be turned over to the City’s third-party
collection agent for further collection action.
4. As an exception to this Policy and any other billing policies or practices of the City of Kenai,
patients treated or transported for COVID-19 symptoms by the City of Kenai Fire
Department shall not be billed for out-of-pocket expenses.
Your consideration is appreciated.
Page 47
_____________________________________________________________________________________
Sponsored by: Administration
CITY OF KENAI
RESOLUTION NO. 2020 - 24
A RESOLUTION OF THE CITY OF KENAI, ALASKA, SELECTING THE SUCCESSFUL FIRM
FOR THE PROFESSIONAL ENVIRONMENTAL / CIVIL ENGINEERING & CONSTRUCTION
ADMINISTRATION SERVICES FOR KENAI MUNICIPAL WATER, SEWER AND
WASTEWATER CAPITAL IMPROVEMENT PROJECTS REQUEST FOR PROPOSALS.
WHEREAS, the City of Kenai released a Request for Proposals on March 9, 2020 for a term
agreement to provide Professional Engineering Services for the Kenai Municipal Water, Sewer
and Wastewater Capital Improvement Projects; and,
WHEREAS, proposals were due on March 31, 2020; and,
WHEREAS, the City received proposals from HDL Engineering Consultants, HDR Engineering
and Jacobs; and,
WHEREAS, a selection committee reviewed all of the proposals with the scoring results indicated
below; and,
Firm Score
HDL Engineering Consultants 286
HDR Engineering 276
Jacobs 241.6
WHEREAS, Administration recommends retaining HDL Engineering Consultants, to provide the
requested Engineering Services from approximately May 18, 2020 through May18, 2023, with an
option to extend for two one year terms with both parties consent; and,
WHEREAS, each individual Project shall be negotiated separately with HDL Engineering
Consultants within budgeted amounts and with no minimum quantity of work guaranteed; and,
WHEREAS, Administration and the Public Works Department are in concurrence that award of
this agreement is in the best interest of the City.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA:
Section 1. That the Kenai City Council authorizes the City Manager to execute a term
agreement with HDL Engineering Consultants, to provide Professional Engineering Services to
the City for three years beginning on approximately May 18, 2020 with the option to extend for
two successive one-year terms by mutual consent of the parties at the discretion of the City
Manager. Each project shall be negotiated separately with HDL Engineering Consultants, within
budgeted amounts and no minimum quantity of work is guaranteed.
Section 2. That this Resolution takes effect immediately upon adoption.
Page 48
Resolution No. 2020-24
Page 2 of 2
_____________________________________________________________________________________
ADOPTED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 6th day of May, 2020.
BRIAN GABRIEL SR., MAYOR
ATTEST:
______________________________________
Jamie Heinz, CMC, City Clerk
Page 49
MEMORANDUM
TO: Mayor Brian Gabriel and Kenai City Council
THROUGH: Paul Ostrander, City Manager
FROM: Scott Curtin
DATE: May 6, 2020
SUBJECT: Resolution 2020-24
The City released a Request for Proposals on March 9, 2020 with Proposals due on March 31,
2020 for a term contract to provide Professional Engineering Services for the Kenai Municipal
Water, Sewer, and Wastewater Capital Improvement Projects.
Three proposals were received with HDL Engineering Consultants providing the highest scoring
proposal.
Administration recommends retaining HDL Engineering Consultants to provide the requested AE
Services from approximately May 18, 2020 through May 18, 2023, with an option to extend for
two one year terms with consent from both parties.
Each individual project that arises will be negotiated separately with HDL Engineering within
budgeted amounts with no minimum quantity of work guaranteed. Approval of this Resolution
will allow the Public Works Department to begin to address the City’s needs related to Water,
Sewer & Wastewater as detailed within the Capital Improvement Plan.
Council’s support is respectfully requested.
Page 50
KENAI CITY COUNCIL – REGULAR MEETING
APRIL 15, 2020 – 6:00 P.M.
KENAI CITY HALL
210 FIDALGO AVE., KENAI, AK 99611
MAYOR BRIAN GABRIEL, PRESIDING
MINUTES
A. CALL TO ORDER
A Regular Meeting of the Kenai City Council was held virtually on April 15, 2020, in City Hall,
Kenai, AK. Mayor Gabriel called the meeting to order at approximately 6:00 p.m.
1. Pledge of Allegiance
Mayor Gabriel led those assembled in the Pledge of Allegiance.
2. Roll Call
There were present:
Brian Gabriel, Mayor Robert Molloy
Henry Knackstedt Tim Navarre
Jim Glendening Robert Peterkin
Glenese Pettey
A quorum was present.
Also in attendance were:
Paul Ostrander, City Manager
Scott Bloom, City Attorney
Jamie Heinz, City Clerk
3. Agenda Approval
Mayor Gabriel noted the following revisions to the agenda and packet:
Add to item D.3. Resolution 2020-19
• Amendment Memo
• Amendment Memo
• Written Public Comments (two)
Add item D.4. Resolution No. 2020-20
Add to item J.1. Ordinance No. 3114-2020
• February KVCC Report
Page 51
City of Kenai Council Meeting Page 2 of 10
April 15, 2020
MOTION:
Vice Mayor Molloy MOVED to approve the agenda with the requested additions to the agenda
and packet. Council Member Knackstedt SECONDED the motion and requested UNANIMOUS
CONSENT.
VOTE: There being no objections, SO ORDERED.
4. Consent Agenda
MOTION:
Council Member Knackstedt MOVED to approve the consent agenda and requested
UNANIMOUS CONSENT. Vice Mayor Molloy SECONDED the motion.
The items on the Consent Agenda were read into the record.
Mayor Gabriel opened the floor for public comment; there being no one wishing to be heard, the
public comment period was closed.
VOTE: There being no objections, SO ORDERED.
*All items listed with an asterisk (*) are considered to be routine and non-controversial by the
council and will be approved by one motion. There will be no separate discussion of these items
unless a councilmember so requests, in which case the item will be removed from the consent
agenda and considered in its normal sequence on the agenda as part of the General Orders.
B. SCHEDULED PUBLIC COMMENTS
1. Tim Dillon, Kenai Peninsula Economic Development District - COVID-19
Economic Impact Survey.
Mr. Dillon reported that a survey was developed a couple of weeks ago to gather some baseline
data to estimate and the regional impact to our economy. Due to COVID-19, the survey was
conducted March 20 – 27 and was completed by 721 businesses across the Borough. He further
noted the federal emergency funding process and clarified that in the next 30-45 days another
survey was being conducted and he should have additional information, and could provide it to
the City Clerk.
C. UNSCHEDULED PUBLIC COMMENTS – None.
D. PUBLIC HEARINGS
1. Ordinance No. 3116-2020 - Increasing Estimated Revenues and Appropriations in
the Airport Special Revenue and Airport Improvements Capital Project Funds and
Authorizing a Professional Services Agreement for the Design of the Airport
Operations Sand Storage Facility Project. (Administration)
• Substitute Ordinance No. 3116-2020
Page 52
City of Kenai Council Meeting Page 3 of 10
April 15, 2020
MOTION:
Council Member Knackstedt MOVED to enact Ordinance No. 3116-2020 and Council Member
Navarre SECONDED the motion.
Mayor Gabriel opened for public hearing; there being no one wishing to be heard, the public
hearing was closed.
MOTION TO AMEND:
Council Member Navarre MOVED to amend by substitute Ordinance No. 3116-2020 and
requested UNANIMOUS CONSENT; Council Member Knackstedt SECONDED the motion.
VOTE ON THE AMENDMENT: There being no objections, SO ORDERED.
The City Manager noted the storage facility would have a dual-purpose use and was significantly
needed. It was clarified that some funding would be provided by the FAA and the location of the
storage facility would be just north of the existing Airport Operations Facility.
VOTE ON MAIN MOTION AS AMENDED:
YEA: Gabriel, Peterkin, Glendening, Pettey, Molloy, Navarre, Knackstedt
NAY:
MOTION PASSED UNANIMOUSLY.
2. Resolution No. 2020-18 - Awarding a Contract to Provide a Cybersecurity Audit.
(Administration)
MOTION:
Council Member Navarre MOVED to adopt Resolution No. 2020-18 and requested UNANIMOUS
CONSENT. Council Member Knackstedt SECONDED the motion.
Mayor Gabriel opened for public hearing; there being no one wishing to be heard, the public
hearing was closed.
The City Manager noted this was a grant from the Department of Homeland Security as part of a
larger grant that the City received, and Securance Consulting was deemed the best option for the
work . It was clarified the intent was for a one-time audit.
VOTE: There being no objections, SO ORDERED.
3. Resolution No. 2020-19 - Recognizing the Successful Efforts of the State
Leadership and Alaskan Residents to Slow the Spread of COVID-19 and
Encouraging the Governor to Rescind or Modify COVID-19 Health Mandates 003:
State Wide Closure Restaurants, Bars, Entertainment, 009: Personal Care Services
and Gatherings, and 012: Intrastate Travel, as Soon as Reasonably Practical to
Allow Alaskan Businesses to Resume Operations, Employees to Return to Work
and Residents to Receive Services in a Safe Manner Observing Social Distancing
Requirements. (Council Member Peterkin)
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MOTION:
Council Member Peterkin MOVED to adopt Resolution No. 2020-19 and Vice Mayor Molloy
SECONDED the motion.
Mayor Gabriel opened for public hearing; there being no one wishing to be heard, the public
hearing was closed.
MOTION TO AMEND:
Council Member Peterkin MOVED to amend by adding a new section 3 to read, “Upon passage,
a copy of this legislation shall be forwarded to Governor Mike Dunleavy and Kenai Peninsula
Legislators Senator Peter Micciche, Senator Gary Stevens, Representative Gary Knopp,
Representative Ben Carpenter and Representative Sarah Vance,” and requested UNANIMIOUS
CONSENT. Vice Mayor Molloy SECONDED the motion.
VOTE ON THE AMENDMENT: There being no objections, SO ORDERED.
MOTION TO AMEND :
Vice Mayor Molloy MOVED to amend Resolution No. 2020-19 by adding a whereas clause as the
last whereas clause on page 2 to read, “Whereas, the City Council recognizes that Governor
Dunleavy must make unprecedented, difficult decisions to limit the spread of COVID-19 virus
statewide while protecting Alaskans’ health and safety and Alaska’s economy, and that changes
to the restrictions in health mandates may be implemented in phases to meet the goal of flattening
the infection curve and disrupting the spread of this virus.” Council Member Peterkin SECONDED
the motion.
Vice Mayor Molloy clarified the purpose to this amendment was to include words of support and
compassion to the Governor and recognized the aggressive efforts to slow the spread of COVID-
19. He further clarified that the whereas placement in the resolution had no priority preference, it
did not affect the intent of the resolution.
The City Attorney noted there were no legal concerns with the resolution.
The City Manager noted the intent of the resolution was to recognize the Governor’s efforts and
efforts of all Alaskans in the aggressive actions, as well as suggested to specifically look at the
three mandates and consider modifying or rescinding them as soon as practical.
MOTION TO AMEND THE AMENDMENT:
Council Member Knackstedt MOVED to place the new whereas clause as the 11th clause and
Vice Mayor Molloy seconded. UNANIMOUS CONSENT was requested.
VOTE ON THE AMENDMENT TO THE AMENDMENT: There being no objections, SO
ORDERED.
UNANIMOUS CONSENT was requested on the motion to amend.
VOTE ON THE MAIN MOTION AS AMENDED: There being no objection; SO ORDERED.
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MOTION TO AMEND:
Council Member Navarre MOVED to amend Resolution No. 2020-19 by adding a whereas clause
to read, “Whereas, the Governor’s decision about when and how to re-open non-essential
businesses, along with schools and other issues should put the health of residents first, and rely
on science rather than politics;” and Vice Mayor Molloy SECONDED the motion.
Concern was expressed that it would make the message of urgency in getting people back to
work, ineffective. It was also noted that it implied that the Governor was being persuaded by
politics and not by science right now.
MOTION TO AMEND THE AMENDMENT:
Council Member Navarre MOVED to amend the amendment by removing “rather than politics”
and Council Member Knackstedt SECONDED the motion and requested UNANIMOUS
CONSENT.
The City Attorney noted that this whereas clause would need to be in conjunction with a title
change because it noted schools.
VOTE ON THE AMENDMENT TO THE AMENDMENT: There being no objections, SO
ORDERED.
MOTION TO AMEND THE AMENDMENT:
Council Member Navarre MOVED to amend the amendment by removing “along with schools and
other issues”, to now read as, “Whereas, the Governor’s decision about when and how to re-open
non-essential businesses should put the health of residents first, and rely on science.” Council
Member Knackstedt SECONDED the motion and requested UNANIMOUS CONSENT.
VOTE ON THE AMENDMENT TO THE AMENDMENT: There being no objections, SO
ORDERED.
VOTE ON THE AMENDMENT:
YEA: Molloy, Navarre, Knackstedt
NAY: Peterkin, Glendening, Pettey, Gabriel
MOTION FAILED.
MOTION TO AMEND:
Council Member Navarre MOVED to amend Resolution No. 2020-19 by moving language in the
title to read, “….Encouraging the Governor as Soon as Reasonably Practical to Rescind or
Modify…; and Vice Mayor Molloy SECONDED the motion.
It was clarified that the purpose of moving the wording was to put more emphasis on caution by
having it at the forefront, not change the intent of the resolution.
VOTE ON THE AMENDMENT:
YEA: Glendening, Pettey, Molloy, Navarre, Knackstedt, Gabriel
NAY: Peterkin
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MOTION PASSED.
5. Resolution No. 2020-20 – Supporting H.R. 6467-Coronavirus Community Relief Act,
Providing Enhanced Coronavirus Relief Funds to Units of Local Governments with a
Population of 500,000 or Less. (Mayor Gabriel)
[Clerk’s Note: This item was added during approval of the agenda.]
MOTION:
Council Member Knackstedt MOVED to adopt Resolution No. 2020-20 and Vice Mayor Molloy
SECONDED the motion. UNANIMOUS CONSENT was requested.
It was clarified that this would be in support of House Bill 6467 to allocate funding for smaller
communities across the country, a relief funding to help bridge the gap that was occurring with
COVID-19 and would make the City of Kenai eligible.
VOTE: There being no objections, SO ORDERED.
E. MINUTES
1. *Regular Meeting of March 18, 2020. (City Clerk)
Approved by the consent agenda.
2. *Special Meeting of March 24, 2020. (City Clerk)
Approved by the consent agenda.
3. *Regular Meeting of April 1, 2020. (City Clerk)
Approved by the consent agenda.
F. UNFINISHED BUSINESS – None.
G. NEW BUSINESS
1. *Action/Approval – Bills to be Ratified. (Administration)
Approved by the consent agenda.
2. *Action/Approval - Purchase Orders Over $15,000. (Administration)
Approved by the consent agenda.
3. *Ordinance No. 3117-2020 - Appropriating Funds in the Airport Fund, Accepting a
Grant from the Federal Aviation Administration and Appropriating Funds in the Airport
Equipment Capital Project Fund for the Purchase of Snow Removal Equipment (SRE)
– Loader With Attachments. (Administration)
Introduced by the consent agenda and public hearing set for May 6, 2020.
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4. *Ordinance No. 3118-2020 - Increasing Estimated Revenues and Appropriations By
$1,287.44 in the General Fund – Police Department for State Traffic Grant Overtime
Expenditures. (Administration)
Introduced by the consent agenda and public hearing set for May 6, 2020.
5. *Ordinance No. 3119-2020 - Increasing General Fund Estimated Revenues and
Appropriations by $26,542 in the General Fund Parks, Recreation and Beautification
Department for an Increase of a Grant from the United States Environmental
Protection Agency Passed Through the State of Alaska Department of Environmental
Conservation for Bacteria Level Monitoring on the City’s Beaches from March 1, 2020
Through June 30, 2020. (Administration)
Introduced by the consent agenda and public hearing set for May 6, 2020.
6. Discussion – Schedule a Work Session to Review and Discuss the Fiscal Year 2021
City of Kenai Budget. (Mayor Gabriel)
The work session was set for Saturday, April 25 beginning at 9 a.m. via Zoom virtual meeting.
The City Clerk noted hard copies of the budget would be mailed to Council Members.
7. Discussion - City Response to COVID-19. (Administration)
The City Manager reported COVID-19 was a primary focus with the health and safety of the
employees and continuing to provide critical support to the residents. He noted an update of the
114 employees, there was an increase for need in the workplace, reducing the employees at
home from 32 to 26 and the Governor’s Health Mandate 014 on April 13 would allow FEMA
reimbursement for those employees. He added that the next effort was with City of Kenai
Resolution 2020-20 supporting Legislative Bill 6467 offering financial support of lost revenues to
smaller municipalities. Additionally, the City of Kenai received $1.6 million from the CARES Act in
support of the Kenai Municipal Airport.
The City Manager reported that Department heads met to discuss how and when to begin bringing
employees back to work, with the health and safety as top priority. He clarified regarding the
Personal Use fishery this summer, noting measures taken to allow opening and safety for the
attendant such as a payment kiosk outside and a microphone system.
The City Attorney clarified the Governor had the ultimate authority in an emergency but because
the City declared a disaster declaration, the City could exercise police powers for the health and
safety of the residents and further regulate.
H. COMMISSION/COMMITTEE REPORTS
1. Council on Aging – No report; next meeting May 14.
2. Airport Commission – No report; next meeting May 14.
3. Harbor Commission – No report; next meeting May 11.
4. Parks and Recreation Commission – No report; next meeting May 7.
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April 15, 2020
5. Planning and Zoning Commission – Met on April 8 – approved two plats; next meeting
May 13.
6. Beautification Committee – No report; next meeting May 12.
7. Mini-Grant Steering Committee – No report.
I. REPORT OF THE MAYOR
Mayor Gabriel reported that Chamber luncheons were being canceled, but a joint proclamation
was declared through a Zoom meeting broadcast for National Public Safety Telecommunications
Week on April 12-18, 2020. He further thanked City Administration and the employees for their
dedication, proactiveness, and offered reassurance to residents during this trying time.
J. ADMINISTRATION REPORTS
1. City Manager – City Manager P. Ostrander reported on the following:
• Hired new Deputy Chief, Mark Anderson, a long -time employee of the Kenai Fire
Department;
• The new Fire Truck arrived today, provided by a grant several years ago; Fire
Department excited to have it here;
• Trying to determine how to best manage the Recreation Center and the Boys and
Girls Club for the remainder of this fiscal year;
• Provided an update on the Bluff Erosion Project - progressing forward; and
• In discussion with the City of Soldotna, there was interest in offering a financial
incentive to residents to spend locally and get a credit towards utilities accounts
or a refund check; he could bring forth a resolution for Council review at the next
meeting.
2. City Attorney – City Attorney S. Bloom reported Administration was working through
Ravn Airlines no longer working at the Kenai Municipal Airport; gathering information
to determine best path forward. He also reported that online tax was now being
collected through the Commission and should receive a report at the end of the month
to see what the financials look like for the City.
3. City Clerk – City Clerk J. Heinz provided a reminder that the findings of the feasibility
study on elections by mail would be presented to the Kenai Peninsula Borough
Assembly on May 5 and she would provide an update to Council. She shared concerns
by other municipalities regarding COVID-19 come election time.
K. ADDITIONAL PUBLIC COMMENT
1. Citizens Comments (Public comment limited to five (5) minutes per speaker) - None.
2. Council Comments
Council members expressed support of a resolution offering financial incentive to Kenai residents
that support local businesses and thanked the City Clerk with all her assistance and a smooth
meeting through Zoom.
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April 15, 2020
Council Member Peterkin thanked Administration for help with Resolution No. 2020-19 and noted
positively about seeing all members over video for the meeting.
Council Member Glendening spoke in favor of meeting in-person as soon as practical, noting
discussions without distraction in-person was more efficient.
Council Member Knackstedt expressed appreciation for the City Manager’s hard work, leadership,
and teamwork at the City especially right now.
Council Member Molloy thanked Administration for their thorough reports and Resolution No.
2020-20 brought forward, the benefit and information of COVID-19 on the agenda, and was
looking forward to meeting in Council Chambers again.
Council Member Navarre noted the concern about the schools and businesses shut down but the
benefits of the early decisions in hunkering down to address COVID-19, and encouraged
everyone to stay safe and follow the Governor’s recommendations while finding a best way
forward for businesses.
Council Member Pettey noted that the situation with COVID-19 illustrated the connectivity of the
community and the gain of an appreciation when getting to go in public or shaking a hand without
worry. She also noted excitement on the progress of the Kenai Municipal Airport. She thanked all
community members shopping locally, to stay safe and keep social distancing so that everyone
return to more normal activities sooner.
L. EXECUTIVE SESSION
1. Discussion of the City Manager’s Evaluation which may be a Subject that Tends to
Prejudice the Reputation and Character of the City Manager [AS 44.62.310(C)(2)].
MOTION:
Vice Mayor Molloy MOVED to enter into executive session to discuss the City Manager’s
Evaluation which may be a Subject that Tends to Prejudice the Reputation and Character of the
City Manager [AS 44.62.310(C)(2)], and requested the presence, as needed, of the City Manager.
Council Member Glendening SECONDED the motion.
VOTE:
YEA: Gabriel, Peterkin, Glendening, Pettey, Molloy, Navarre, Knackstedt
NAY:
MOTION PASSED UNANIMOUSLY.
Council reconvened in open session and it was noted for the record that Council met in executive
session and reviewed and discussed the City Manager’s performance evaluation with the City
Manager and reported the evaluation of his performance was positive.
M. PENDING ITEMS – None.
N. ADJOURNMENT
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April 15, 2020
There being no further business before the Council, the meeting was adjourned at 10:33 p.m.
I certify the above represents accurate minutes of the Kenai City Council meeting of April 15,
2020.
_____________________________
Jamie Heinz, CMC
City Clerk
Page 60
KENAI CITY COUNCIL – SPECIAL MEETING
APRIL 16, 2020 – 5:00 P.M.
KENAI CITY COUNCIL CHAMBERS
210 FIDALGO AVE., KENAI, AK 99611
MINUTES
A. CALL TO ORDER
A Special Meeting of the Kenai City Council was held on April 16, 2020, in City Hall Council
Chambers, Kenai, AK. Mayor Gabriel called the meeting to order at 5:00 p.m.
1. Pledge of Allegiance
Mayor Gabriel led those assembled in the Pledge of Allegiance.
2. Roll Call
There were present:
Brian Gabriel, Mayor Robert Molloy
Henry Knackstedt Tim Navarre
Jim Glendening Glenese Pettey
Robert Peterkin
A quorum was present.
Also in attendance were:
Scott Bloom, City Attorney
Jamie Heinz, City Clerk
3. Agenda Approval
MOTION:
Vice Mayor Molloy MOVED to approve the agenda and requested UNANIMOUS CONSENT.
Council Member Knackstedt SECONDED the motion.
VOTE: There being no objections, SO ORDERED.
B. PUBLIC COMMENT (Public comment limited to three (3) minutes per speaker; thirty (30)
minutes aggregated)
There was no one in attendance to provide public testimony.
C. EXECUTIVE SESSION
1. Review and Discussion of the City Attorney’s Evaluation which may be a Subject that
Tends to Prejudice the Reputation and Character of the City Attorney [AS
44.62.310(C)(2)].
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April 16, 2020
MOTION:
Vice Mayor Molloy MOVED to enter into executive session to review and discuss the City
Attorney’s evaluation which may be a subject that tends to prejudice the reputation and character
of the City Attorney [AS44.62.310(C)(2)]; requested the attendance of City Attorney, Scott Bloom,
as needed. Council Member Knackstedt SECONDED the motion.
VOTE:
YEA: Knackstedt, Gabriel, Glendening, Navarre, Molloy, Peterkin, Pettey
NAY:
MOTION PASSED UNANIMOUSLY.
Council reconvened in open session and it was noted for the record that Council met in executive
session and reviewed and discussed the City Attorney’s performance evaluation with the City
Attorney and reported the evaluation of his performance was positive.
City Attorney Bloom was dismissed from the meeting at 6:17 p.m.
2. Review and Discussion of the City Clerk’s Evaluation which may be a Subject that
Tends to Prejudice the Reputation and Character of the City Clerk [AS
44.62.310(C)(2)].
MOTION:
Vice Mayor Molloy MOVED to enter into executive session to review and discuss the City Clerk’s
evaluation which may be a subject that tends to prejudice the reputation and character of the City
Clerk [AS44.62.310(C)(2)]; requested the attendance of City Clerk, Jamie Heinz, as needed.
Council Member Navarre SECONDED the motion.
VOTE:
YEA: Knackstedt, Gabriel, Peterkin, Navarre, Glendening, Pettey, Molloy
NAY:
MOTION PASSED UNANIMOUSLY.
Council reconvened in open session and it was noted for the record that Council met in executive
session and reviewed and discussed the City Clerk’s performance evaluation with the City Clerk
and reported the evaluation of her performance was positive.
D. ADJOURNMENT
There being no further business before the Council, the meeting was adjourned at 7:13 p.m.
I certify the above represents accurate minutes of the Kenai City Council meeting of April 16,
2020.
_____________________________
Jamie Heinz, CMC
City Clerk
Page 62
KENAI CITY COUNCIL WORK SESSION
FY2121 BUDGET
APRIL 25, 2020 – 9:00 A.M.
KENAI CITY COUNCIL CHAMBERS
210 FIDALGO AVE., KENAI, AK 99611
MAYOR GABRIEL, PRESIDING
NOTES
Council present: Mayor Gabriel, Vice-Mayor Molloy, J. Glendening, H. Knackstedt, R.
Peterkin, G. Pettey, T. Navarre
Others present: City Manager P. Ostrander, Finance Director T. Eubank, City Attorney S.
Bloom, City Clerk J. Heinz, Human Resources Director S. Brown, City
Planner E. Appleby, Public Works Director S. Curtin, Buildings Official M.
Wesson, Airport Director M. Bondurant, Parks & Recreation Director B.
Frates, Senior Center Director K. Romain, Library Director K. Wolfe, Fire
Chief T. Prior, Police Chief D. Ross
A. Call to Order
Mayor Gabriel called the work session to order at approximately 9:00 a.m.
B. Budget Introduction – Paul Ostrander, City Manager
City Manager Ostrander provided an introduction on the FY2021 Budget process, noting the
difficulty in preparing the budget given the current pandemic and unknown levels of funding.
He added that the capital budget had been decreased and pushed out, a 14-hour per week
driver position was eliminated from the Senior Center, the staff share of health insurance
benefits was being increased by 1%, and the use of General Fund, Fund Balance of $XX.
Ostrander discussed the Capital Improvement Plan and a 0.9% seasonal sales tax, beginning
FY2022, to fund the plan. Focusing on keeping Kenai in the best position possible.
C. General and Revenue Overview Presentation – Terry Eubank, Finance Director
Finance Director Eubank provided a general overview including COVID-19 factors, Cost of
Living Allowance increase to salaries, health benefits, and on-behalf PERS funding. He also
discussed the Capital Projects Funding included in the budget. He also reviewed the transition
of staff share of health benefits from 10% to 15% in future years, the fleet replacement plan
and a reduction in vehicles being maintained, general fund revenues, special and capital
expenditures, and Fund Balance Policy compliance.
D. Department Presentations
1. City Manager
City Manager Ostrander provided an overview of his mission, FY20 Goals, FY21 Goals, and future
considerations from the draft budget noting changes in the marketing budget.
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April 18, 2019
Visitor Center – an overview of the visitor center mission, FY20 Goals, FY21 Goals, and future
considerations from the draft budget was provided.
Land Administration – overview of the land administration mission, FY20 Goals, FY21 Goals, and
future considerations from the draft budget was provided noting finalization of the land
management plan and leasing incentive implementation.
2. Human Resources
Human Resources Director Brown provided an overview of the Human Resources mission, FY20
Goals, FY21 Goals, and future considerations from the draft budget. Noting shifts in performance
measures and contracts for recruitment software.
3. Planning & Zoning
City Planner Appleby provided an overview of the Planning and Zoning mission, FY20 Goals,
FY21 Goals, and future considerations from the draft budget. Sign code and GIS mapping
projects were discussed.
4. Finance
Finance Director Eubank provided an overview of the Finance Department mission, FY20 Goals,
FY21 Goals, and future considerations from the draft budget noting the fleet replacement plan,
the need for additional IT staff, and introduction of electronic timekeeping. Technology protections
were discussed. Eubank also noted the possibility of the development of a fleet replacement
fund.
Non-Departmental - an overview of the Non-Departmental budget was provided noting PERS on-
half funding, the use of airline mileage to reduce travel costs, library bonds, special projects, and
capital improvement projects. Eubank also discussed the plan to transition from janitorial
contracts to staffing three or four – fourteen hour positions for janitorial.
5. Legal
City Attorney Bloom highlighted the Legal Department’s mission, FY20 Goals and FY21 Goals
from the draft budget noting an increase to professional services for bond counsel as the library
bond is refinanced.
6. Police
Chief Ross provided an overview of the Police Department’s mission, FY20 Goals, FY21 Goals,
and future considerations from the draft budget noting statistics was difficult to track due to
changes in the law and now the pandemic. Also noted the school resource officer was able to
get back into schools since the department’s staffing is sufficient; investigators have caught up
on their work and are able to switch to crime prevention.
Communications – an overview of the Communication Department’s mission, FY20 Goals, FY21
Goals, and future considerations from the draft budget noting they were focusing on speed of
dispatching the department was facing loss of long-term staff. Ross also discussed grants.
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April 18, 2019
Animal Control - an overview of the Animal Control Department’s mission, FY20 Goals, FY21
Goals, and future considerations from the draft budget noting the number of animals taken in had
seen an uptick somewhat due to the collaboration with Soldotna Animal Control; continuously
trying to increase patrols and responsible ownership trainings.
7. Fire
Fire Chief Prior provided an overview of the Fire Department’s mission, FY20 Goals, FY21 Goals,
and future considerations from the draft budget noting the need for knowing what businesses
were located in Kenai to do fire inspections in those establishments, increasing collaboration with
senior and assisted living facilities, and with Home Depot for supply of fire alarms and CO
detectors.
8. Public Works
Public Works Director Curtin provided an overview of the Public Works Administration’s mission,
FY20 Goals, FY21 Goals, and future considerations from the draft budget noting the
implementation of the Capital Improvement Plan and the Fleet Replacement Plan to the best of
their ability.
Safety – an overview of the Safety Department’s mission, FY20 Goals, FY21 Goals, and future
considerations from the draft budget was provided noting communications testing due to the
pandemic.
Shop - an overview of the Shop Department’s mission, FY20 Goals, FY21 Goals, and future
considerations from the draft budget was provided noting the reduction in pieces of equipment in
the Fleet Replacement Plan and reduction in maintenance supplies.
Streets – an overview of the Streets Department’s mission, FY20 Goals, FY21 Goals, and future
considerations from the draft budget was provided noting an intention to lease two graders,
reducing the fleet; also Beaver Loop Road coming online, increasing the lane miles that are
maintained.
Buildings – an overview of the Buildings Department’s mission, FY20 Goals, FY21 Goals, and
future considerations from the draft budget was provided noting facility maintenance, city-wide,
was a focus.
Street Lighting - an overview of the Street Lighting Department’s mission, FY20 Goals, FY21
Goals, and future considerations from the draft budget was provided noting GIS system was being
updated on a regular basis with street light data.
Boating Facility – an overview of the Boating Facility Department’s mission, FY20 Goals, FY21
Goals, and future considerations from the draft budget was provided noting dock repairs and
cathodic protection would be accomplished soon.
9. Library
Director Wolfe provided an overview of the Library Department’s mission, FY20 Goals, FY21
Goals, and future considerations from the draft budget noting the increase in virtual programming
due to the pandemic.
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April 18, 2019
10. Parks, Recreation & Beautification
Director Frates provided an overview of the Parks, Recreation, & Beautification Department’s
mission, FY20 Goals, FY21 Goals, and future considerations from the draft budget noting some
of the planned changes to the dipnet fee shack operations which will help the department remain
fully staffed and the upcoming work to eliminate and reforest due to spruce bark beetle kill.
11. City Clerk
City Clerk Heinz provided an overview of the City Clerk Department’s mission, FY20 Goals, FY21
Goals, and future considerations from the draft budget noting the
Legislative – an overview of the Legislative Department’s mission, FY20 Goals, FY21 Goals, and
future considerations from the draft budget noting reductions to travel and grants.
It was asked that the travel and $2,000 for miscellaneous grants be put back into the budget.
12. Personal Use Fishery Fund
a. General, Revenue, and Department Overview
Director Eubank noted revenue projections for the Personal Use Fishery Fund for FY21. Capital
Improvements, efficiencies, and modifications to operations due to the pandemic were discussed.
13. Water & Sewer Fund
a. General and Revenue Overview
Director Eubank advised 97% of water & sewer fund revenues were usage fees and fees were
not being proposed to be changed. He also reviewed capital improvements and noted the rate
survey accomplished in 2011 provided a fund balance which would be utilized to maintain the
infrastructure.
b. Water & Sewer Departments
Public Works Director Curtin provided an overview of staffing, upcoming projects, and budget
reductions due to purchases made in FY2020. Curtin also noted the master plan documents were
set to be updated.
c. Wastewater Treatment Plant
An overview of staffing, operations, the plant’s capabilities, and proposed projects was provided.
14. Airport Fund
a. General and Revenue Overview
Director Eubank presented an overview of the Airport Fund, including revenue sources, CARES
Act funding, the fund balance, and special and capital projects.
b. Airport Departments
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April 18, 2019
Director Bondurant provided an overview of the five Airport Department budgets missions, FY20
Goals, FY21 Goals, and future considerations from the draft budget noting the desire to bring and
keep concessions and leasing to 100%. Bondurant also discussed special project requests,
maintaining certain FAA certification, and positive feedback on the new training props at the
training facility.
15. Senior Citizen Fund
a. General and Revenue Overview
Director Eubank provided an overview of revenue sources noting most funding came from state
and other grants, explained a discrepancy in the grant from Kenai Peninsula Borough,
expenditures, and fund balance supplements.
b. Senior Citizen Fund Departments
Director Romain provided an overview of the Senior Citizen Fund Departments missions, FY20
Goals, FY21 Goals, and future considerations from the draft budget noting cost savings realized
in the fleet and the opportunity to make food selections at the Food Bank. Romain also explained
a past increase in drivers due to the choice waiver program noting the program had significantly
reduced and the reduction in meals drivers followed suit and combining job duties would eliminate
any shortfall in the meals delivery. She also explained the reasons behind cancelling the March
for Meals fundraiser.
16. Congregate Housing
a. General and Revenue Overview
Director Eubank provided an overview of revenue sources, occupancy, and capital projects
related to the congregate housing fund.
b. Congregate Housing Fund Departments
Director Romain provided an overview of the Senior Citizen Fund Departments missions, FY20
Goals, FY21 Goals, and future considerations from the draft budget noting occupancy and
turnover which impacted maintenance costs; also noted a possible internal move policy and
discussed the waiting list maintenance they have conducted.
17. Employee Health Care Fund
a. General, Revenue, and Department Overview
Director Eubank provided an overview of the Employee Health Care Fund, which was an internal
service fund, noting it was in its fourth year and was created to offset annual increases. Projected
revenue sources, the need for protecting the reserves, utilization, and fund balance were
discussed. The transition to increased staff share was discussed.
18. Equipment Replacement Fund
a. General, Revenue, and Department Overview
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April 18, 2019
Director Eubank provided an overview of the Equipment Replacement Fund noting it funds
equipment replacements for General Fund departments; explained how the fund worked and
provided an overview of the schedule of replacement.
19. Fleet Replacement Fund
a. General, Revenue, and Department Overview
Director Eubank provided an overview of the Fleet Replacement Fund, explaining its inception,
efficiency adjustments made, and a utilization plan. An overview of the amount the fund charged
departments and the schedule of replacement was provided.
20. Permanent Funds
a. General, Revenue, and Department Overview
Director Eubank provided an overview of the General Land Sale Permanent Fund noting how it
can be utilized and reviewed projected revenues; also explained the recent sharp decline was not
reflected in the projections. He also noted the need to maintain in the market despite sharp
reductions. Director Eubank also provided an overview of the Airport Land Sale Permanent Fund
and the projected revenues for the fund. He also noted the projected draw from the Airport Land
Sale Permanent Fund.
21. Debt Service
Director Eubank provided an overview of the debt service methodology noting it was currently
being refinanced.
E. Public Comment
There was no one wishing to be heard.
F. Council Comments
The exceptional work of the staff was noted
Council Member Knackstedt expressed gratitude for the process noting he expected a mil rate
increase; will be interested in hearing more on the seasonal sales tax in future years; appreciated
the fund balance.
Council Member Peterkin expressed gratitude for the work accomplished.
Council Member Pettey expressed appreciation for the budget process and safeguards in place
that kept the City financially secure.
Council Member Navarre noted great job on the budget; hopes forecasts are off; believes
residents will be happy with the budget.
Council Member Glendening noted he was pleased with what he heard; suggested other agencies
might be able to assist with parks and sidewalks.
Page 68
City of Kenai Council Work Session Page 7 of 7
April 18, 2019
Vice Mayor Molloy expressed gratitude to staff for the work of administration for the thoughtful
budget; appreciated the slides ahead of time; noted good discussion.
Mayor Gabriel expressed appreciation for time spent producing the budget despite the trying
circumstances; are on the right course as well as we can be at this time.
G. Adjournment
The work session adjourned at 5:55 p.m.
Notes were prepared by:
_______________________________
Jamie Heinz, CMC
City Clerk
Page 69
PAYMENTS OVER $15 ,000 .00 WHICH NEED COUNCIL RATIFICATION
COUNCIL MEETING OF: MAY 6, 2020
VENDOR DESCRIPTION DEPARTMENT ACCOUNT AMOUNT
PERS PERS VARIOUS LIABILITY 91,444.95
HOMER ELECTRIC ELECTRIC USAGE VARIOUS UTILIT IES 100,756.77
ENSTAR NATURAL GAS GAS USAGE VARIOUS UTILITIES 46,407 .26
INTEGRITY JANITORIAL MARCH SERVICE AT CITY HALL NON-DEPT. REPAIR & MAINTENANCE 1,389.00
PRECIOUS JANITORIAL MARCH SERVICE AT LIBRARY LIBRARY REPAIR & MAINTENANCE 2,795.00
PRECIOUS JANITORIAL MARCH SERVICE AT TERMINAL AIRPORT REPA IR & MAINTENANCE 4,495.00
PRECIOUS JANITORIAL MARCH SERVICE AT POLICE POLICE REPAIR & MAINTENANCE 978 .00
INVESTMENTS
VENDOR DESCRIPTION MATURITY DATE AMOUNT Effect. Int.
Page 70
PURCHASE ORDERS OVER $15,000.00 W HI CH NEED COUNCIL APPROVAL
COUNCIL MEETING OF: MAY 6, 2020
VENDOR DESCRIPTION DEPT. ACCOUNT AMOUNT
INCREASE OF EXISTING PURCHASE ORDER
VENDOR DESCRIPTION P.O.# -DEPT. REASON AMOUNT TOTAL PO AMT
EMERGENCY REPAIRS &
118373 -CONGREGATE COVI D-19 RELATED
SADLER PROPERTY MGMT FY20 CONTRACTOR'S FEE HOUSING SERVICES 4,999.99 68,409.55
Page 71
MEMORANDUM
TO: Mayor Brian Gabriel and Kenai City Council
THROUGH: Paul Ostrander, City Manager
FROM: Kathy Romain, Senior Center Director
DATE: April 3, 2020
SUBJECT: Purchase Order Increase to Sadler Property Management
The purpose of this memo is to request a change order to purchase order #118373 to Sadler
Property Management for the FY20 Contractor’s Fee for Vintage Pointe Manor.
Due to the increased amount of snow fall during the winter months requiring more time and the
extra services provided for the COVID-19 Pandemic, the purchase order requires additional
funds and would be broken down as follows:
*Emergency Repairs and Parts $1,999.99
COVID-19 Related Services 3,000.00
Total $4,999.99
*Emergency parts and repairs historically were paid through the department. The current
contract dated October 1, 2019, allows these to be paid through the Contractor.
Thank you for your consideration.
Page 72
Sponsored by: Administration
CITY OF KENAI
ORDINANCE NO. 3120-2020
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, ACCEPTING
$26,545.90 IN ASSET FORFEITURE SHARING FUNDS AND APPROPRIATING THOSE
FUNDS INTO THE POLICE MACHINERY & EQUIPMENT AND SMALL TOOLS ACCOUNTS
FOR THE PURPOSE OF PURCHASING LAW ENFORCEMENT EQUIPMENT.
WHEREAS, In March of 2020 the Kenai Police Department received asset forfeiture sharing funds
in the amount of $26,545.90 from the United States Drug Enforcement Administration (DEA); and,
WHEREAS, the Police Department, pursuant to conditions of acceptance, will utilize the forfeiture
funds to purchase law enforcement equipment for use by the Police Department.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA,
as follows:
Section 1. That the City Manager is authorized to accept these Equitable Sharing Funds in
the amount of $26,545.90 and to expend the funds to fulfill the purpose and intent of this
ordinance.
Section 2. That the estimated revenues and appropriations be increased as follows:
General Fund:
Increase Estimated Revenues –
Forfeitures $26,545.90
Increase Appropriations –
Police – Small Tools $ 376.35
Police – Machinery & Equipment 26,169.55
$26,545.90
Section 3. Severability: That if any part or provision of this ordinance or application thereof to
any person or circumstances is adjudged invalid by any court of competent jurisdiction, such
judgment shall be confined in its operation to the part, provision, or application directly involved
in all controversy in which this judgment shall have been rendered, and shall not affect or impair
the validity of the remainder of this title or application thereof to other persons or circumstances.
The City Council hereby declares that it would have enacted the remainder of this ordinance even
without such part, provision, or application.
Section 4. Effective Date: That pursuant to KMC 1.15.070(f), this ordinance shall take effect
immediately upon enactment.
Page 73
Ordinance No. 3120-2020
Page 2 of 2
_____________________________________________________________________________________
New Text Underlined; [DELETED TEXT BRACKETED]
ENACTED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 20th day of May, 2020.
BRIAN GABRIEL SR., MAYOR
ATTEST:
___________________________________
Jamie Heinz, City Clerk
Approved by Finance: _________________
Introduced: May 6, 2020
Enacted: May 20, 2020
Effective: May 20, 2020
Page 74
MEMORANDUM
TO: Mayor Brian Gabriel and Kenai City Council
THROUGH: Paul Ostrander, City Manager
FROM: David Ross, Police Chief
DATE: April 20, 2020
SUBJECT: Ordinance No. 3120-2020, Accepting Drug Forfeiture Funds
The Kenai Police Department received $26,545.90 in asset forfeiture sharing funds from the
United States Drug Enforcement Administration (DEA). Those funds were shared with the Kenai
Police Department after being forfeited to the DEA and are subject to federal “Equitable Sharing”
requirements to be used for Law Enforcement. The funds were forfeited in connection with drug
investigation cases, for which the regional drug task force (including the Kenai Police Department)
was involved.
I am respectfully requesting consideration of the ordinance appropriating $26,545.90 into the
General Fund Accounts: Police- Small Tools - $376.35 and Police – Machinery & Equipment -
$25,545.90 accounts to pay for law enforcement equipment. The primary purchases made with
these funds are anticipated to be a new recording system for the dispatch center that will record
911 calls and radio traffic, and two new mobile radios to go in anticipated FY21 purchased police
vehicles.
Page 75
_____________________________________________________________________________________
Sponsored by: Administration
CITY OF KENAI
ORDINANCE NO. 3121-2020
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA ADOPTING THE
ANNUAL BUDGET FOR THE FISCAL YEAR COMMENCING JULY 1, 2020 AND ENDING JUNE
30, 2021, AMENDING THE SALARY SCHEDULE IN KENAI MUNICIPAL CODE CHAPTER
23.55- PAY PLAN AND AMENDING EMPLOYEE CLASSIFICATIONS IN KENAI MUNICIPAL
CODE CHAPTER 23.50.
WHEREAS, it is a requirement of the Code of the City of Kenai, Alaska, that the City Council, not
later than the tenth day of June, adopt a budget for the following fiscal year and make
appropriation of the monies needed; and,
WHEREAS, the fiscal year 2021 Budget includes a 0.22% increase to the City’s Salary Schedule;
and,
WHEREAS, the pay increase will go into effect beginning July 1, 2020.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA,
as follows:
Section 1. That certain document entitled "City of Kenai Fiscal Year 2021 Annual Budget"
which is available for examination by the public in the Office of the City Clerk, the City’s website
and is incorporated herein by reference is hereby adopted as the budget for the City of Kenai for
the fiscal year commencing July 1, 2020 and ending June 30, 2021.
Section 2. The following sums of money are hereby appropriated for the operations of the
City of Kenai for the fiscal year commencing on the first day of July, 2020, and ending the 30th
day of June, 2021, to be expended consistent with and subject to the restrictions, procedures,
and purposes set forth in the Code of the City of Kenai and to be expended substantially by line
item in the manner shown in the budget adopted by Section 1 hereof:
General Fund $ 16,890,473
Enterprise Fund –
Congregate Housing Fund 755,181
Internal Service Funds:
Equipment Replacement Fund 590,633
Fleet Replacement Fund 74,811
Employee Health Care Fund 3,133,762
Total Internal Service Funds 3,799,206
Special Revenue Funds:
Personal Use Fishery Fund 478,062
Page 76
Ordinance No. 3121-2020
Page 2 of 3
_____________________________________________________________________________________
Water & Sewer Fund 3,492,330
Airport Fund 3,109,245
Senior Citizen Fund 935,002
Total Special Revenue Funds 8,014,639
Permanent Funds:
Airport Land Sale Permanent Fund 955,050
General Land Sale Permanent Fund 139,523
Total Permanent Revenue Funds 1,094,573
Debt Service Fund – Library Expansion Bonds 172,011
Total All Funds $30,726,083
Section 3. Amendment of Salary Schedule in Chapter 23.55 of the Kenai Municipal Code: That
the Salary Schedule in Kenai Municipal Code Chapter 23.55-Pay Plan, is hereby replaced in its
entirety to read as follows:
Classified employees excluding those engaged in fire protection activities.
Range A B C D E F AA BB CC
Step
1 $10.52 $10.78 $11.05 $11.31 $11.57 $11.84 $12.10 $12.36 $12.62
1.1 11.04 11.32 11.59 11.87 12.14 12.42 12.70 12.97 13.25
2 11.75 12.04 12.34 12.63 12.93 13.22 13.51 13.81 14.10
2.1 12.37 12.68 12.99 13.30 13.61 13.92 14.23 14.53 14.84
2.2 13.08 13.41 13.73 14.06 14.39 14.72 15.04 15.37 15.70
2.3 13.74 14.08 14.43 14.77 15.11 15.46 15.80 16.14 16.49
2.4 16.04 16.44 16.84 17.24 17.64 18.05 18.45 18.85 19.25
2.5 18.18 18.63 19.09 19.54 20.00 20.45 20.91 21.36 21.82
3 18.29 18.75 19.20 19.66 20.12 20.58 21.03 21.49 21.95
4 19.21 19.69 20.17 20.65 21.13 21.61 22.09 22.57 23.05
5 20.16 20.66 21.17 21.67 22.18 22.68 23.18 23.69 24.19
6 21.16 21.69 22.22 22.75 23.28 23.81 24.33 24.86 25.39
7 22.24 22.80 23.35 23.91 24.46 25.02 25.58 26.13 26.69
8 23.36 23.94 24.53 25.11 25.70 26.28 26.86 27.45 28.03
9 24.52 25.13 25.75 26.36 26.97 27.59 28.20 28.81 29.42
10 25.73 26.37 27.02 27.66 28.30 28.95 29.59 30.23 30.88
11 27.02 27.70 28.37 29.05 29.72 30.40 31.07 31.75 32.42
12 28.40 29.11 29.82 30.53 31.24 31.95 32.66 33.37 34.08
13 29.79 30.53 31.28 32.02 32.77 33.51 34.26 35.00 35.75
14 31.29 32.07 32.85 33.64 34.42 35.20 35.98 36.77 37.55
15 32.84 33.66 34.48 35.30 36.12 36.95 37.77 38.59 39.41
16 34.49 35.35 36.21 37.08 37.94 38.80 39.66 40.53 41.39
17 36.21 37.12 38.02 38.93 39.83 40.74 41.64 42.55 43.45
18 38.01 38.96 39.91 40.86 41.81 42.76 43.71 44.66 45.61
19 39.92 40.92 41.92 42.91 43.91 44.91 45.91 46.91 47.90
20 41.92 42.97 44.02 45.06 46.11 47.16 48.21 49.26 50.30
21 44.04 45.14 46.24 47.34 48.44 49.55 50.65 51.75 52.85
22 46.20 47.36 48.51 49.67 50.82 51.98 53.13 54.29 55.44
23 48.53 49.74 50.96 52.17 53.38 54.60 55.81 57.02 58.24
24 51.02 52.30 53.57 54.85 56.12 57.40 58.67 59.95 61.22
Page 77
Ordinance No. 3121-2020
Page 2 of 3
_____________________________________________________________________________________
Classified employees engaged in fire protection activities Range A B C D E F AA BB CC
Step
13 21.28 21.81 22.34 22.88 23.41 23.94 24.47 25.00 25.54
14 22.35 22.91 23.47 24.03 24.59 25.14 25.70 26.26 26.82
15 23.47 24.06 24.64 25.23 25.82 26.40 26.99 27.58 28.16
16 24.64 25.26 25.87 26.49 27.10 27.72 28.34 28.95 29.57
17 25.88 26.53 27.17 27.82 28.47 29.12 29.76 30.41 31.06
Department Head Service employees Range Minimum Maximum
18 $79,084 $104,382
19 81,108 109,586
20 87,201 115,117
21 91,591 120,903
22 96,108 126,857
23 100,944 133,256
24 106,120 140,076
Section 4. Severability: That if any part or provision of this ordinance or application thereof to
any person or circumstances is adjudged invalid by any court of competent jurisdiction, such
judgment shall be confined in its operation to the part, provision, or application directly involved
in all controversy in which this judgment shall have been rendered, and shall not affect or impair
the validity of the remainder of this title or application thereof to other persons or circumstances.
The City Council hereby declares that it would have enacted the remainder of this ordinance even
without such part, provision, or application.
Section 5. Effective Date: That pursuant to KMC 1.15.070(f), this ordinance shall take effect
July 1, 2020.
ENACTED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 20th day of May, 2020.
BRIAN GABRIEL SR., MAYOR
ATTEST:
___________________________________
Jamie Heinz, City Clerk
Approved by Finance: _________________
Introduced: May 6, 2020
Enacted: May 20, 2020
Effective: July 1, 2020
Page 78
MEMORANDUM
TO: Mayor Brian Gabriel and Kenai City Council
THROUGH: Paul Ostrander, City Manager
FROM: Terry Eubank
DATE: April 3, 2020
SUBJECT: Ordinance 3121-2020 Adopting the FY2021 City of Kenai Budget
The purpose of this memo is to summarize the changes that have been proposed to the FY2021
Budget since disbursement of work session materials on April 15th, and to communicate the
result of these changes on each of the City’s operating funds. The following are the
Administration’s recommended changes that have been incorporated into the draft budget and
appropriating ordinance. Amounts in brackets ( ) are decreases and amounts without bracket
are increases. New summary pages for the all funds, after incorporating the changes, are
attached for your review.
Administration Recommended Amendments:
General Fund
Expenditures:
Clerk – Health & Life Insurance $( 574)
Legal – Health & Life Insurance (574)
Manager – Health & Life Insurance (574)
Human Resources – Health & Life Insurance (287)
Finance – Health & Life Insurance (1,363)
Non-Departmental Transfers Out (1,225)
Planning & Zoning – Health & Life Insurance (488)
Police – Health & Life Insurance (5,453)
Fire – Health & Life Insurance (5,740)
Communications – Health & Life Insurance (2,296)
Animal Control – Health & Life Insurance (861)
Public Works Administration – Health & Life Insurance (418)
Shop – Health & Life Insurance (861)
Streets – Health & Life Insurance (1,559)
Buildings – Health & Life Insurance (665)
Library – Health & Life Insurance (1,865)
Parks, Recreation & Beautification – Health & Life Insurance (1,251)
Boating Facility – Health & Life Insurance (80)
$(26,134)
Page 79
Page 2 of 4
These changes are the result of increasing the employee’s share of health and life insurance
costs by 1% to 11% from 10%.
General Fund
Expenditures:
Visitor Center – Professional Services $10,000
This increase is needed to reflect the negotiated amount for the facility management services to
be provided by the Kenai Chamber of Commerce
General Fund
Expenditures:
Manager – Travel & Transportation $(3,000)
Recommended reduction by City Manager.
General Fund
Expenditures:
Non-Departmental – Salaries $ 21,948
Non-Departmental - Medicare 318
Non-Departmental – Social Security 1,361
Non-Departmental – Unemployment Insurance 110
Non-Departmental – Workers Compensation 345
Non-Departmental – Repair & Maintenance Supplies 1,228
Non-Departmental – Small Tools 610
Non-Departmental – Repair & Maintenance (20,000)
Police – Salaries 10,609
Police - Medicare 154
Police – Social Security 658
Police – Unemployment Insurance 53
Police – Workers Compensation 167
Police – Repair & Maintenance Supplies 1,176
Police – Small Tools 305
Police – Repair & Maintenance (11,736)
Library – Salaries 10,609
Library - Medicare 154
Library – Social Security 658
Library – Unemployment Insurance 53
Library – Workers Compensation 167
Library – Repair & Maintenance Supplies 1,176
Library – Small Tools 305
Library – Repair & Maintenance (33,540)
$(13,112)
These changes are needed to implement the plan to hire four (4), fourteen (14) hour per week
janitors to provide janitorial services to the Kenai Community Library, Kenai City Hall, and Kenai
Police Department in lieu of contracting these services out.
Page 80
Page 3 of 4
General Fund
Expenditures:
Non-Departmental – Machinery & Equipment $14,000
Non-Departmental – Printing & Binding ( 2,900)
$11,100
To provide for the purchase of a replacement copier for City Hall with a payback period of less
than four years because of lower per copy costs for maintenance and supplies.
General Fund
Expenditures:
Shop – Operating Supplies $(7,400)
Recommended reduction by department because of reductions in the size of the City’s overall
fleet which it is maintaining.
General Fund
Expenditures:
Streets – Rentals $48,800
The cost for rental of two (2) moto graders for five months each year was inadvertently omitted
from the draft document. Its inclusion is critical to the plan to sell two (2) existing moto graders
and replace with rented units annually.
General Fund
Total Administration Recommended Expenditure Changes $20,254
Personal Use Fishery Fund
Expenditures:
Streets – Health & Life Insurance $( 44)
Parks, Recreation & Beautification – Health & Life Insurance (182)
Dock – Health & Life Insurance ( 33)
Total Administration Recommended Expenditure Changes $(259)
These changes are the result of increasing the employee’s share of health and life insurance
costs by 1% to 11% from 10%.
Airport Fund
Revenues:
Terminal Rents & Leases $(107,856)
Terminal Parking Fees (25,000)
Usage Fees – Landing ( 56,626)
Total Administration Recommended Revenue Changes $(189,482)
Revision to original revenue estimates projecting no second signatory airline for one-half (1/2) of
the fiscal year.
Expenditures:
Terminal – Health & Life Insurance $( 479)
Page 81
Page 4 of 4
Airfield – Health & Life Insurance ( 573)
Administration – Health & Life Insurance ( 479)
Other Buildings & Areas – Health & Life Insurance ( 184)
Total Administration Recommended Expenditure Changes $(1,715)
These changes are the result of increasing the employee’s share of health and life insurance
costs by 1% to 11% from 10%.
Congregate Housing Fund
Expenditures -
Congregate Housing – Health & Life Insurance $(172)
These changes are the result of increasing the employee’s share of health and life insurance
costs by 1% to 11% from 10%.
Water & Sewer Fund
Expenditures:
Water – Health & Life Insurance $( 703)
Sewer – Health & Life Insurance (670)
Wastewater Treatment Plant– Health & Life Insurance ( 895)
Total Administration Recommended Expenditure Changes $(2,268)
These changes are the result of increasing the employee’s share of health and life insurance
costs by 1% to 11% from 10%.
Senior Citizen Fund
Revenues -
Transfer From General Fund $(1,225)
Senior Citizen Fund
Expenditures:
Access – Health & Life Insurance $( 359)
Congregate Meals – Health & Life Insurance (334)
Home Meals – Health & Life Insurance (285)
Transportation – Health & Life Insurance (86)
Choice Waiver– Health & Life Insurance ( 199)
Total Administration Recommended Expenditure Changes $(1,263)
These changes are the result of increasing the employee’s share of health and life insurance
costs by 1% to 11% from 10%.
Employee Health Care Fund
Revenues:
Charge for Services $(30,619)
Participant Premiums 30,960
Total Administration Recommended Revenue Changes $ 341
These are the revenue impacts of increasing the employee’s share of health and life insurance
costs by 1% to 11% from 10%.
Page 82
City of Kenai
Fiscal Year 2021 Operating Budget
General Fund
Budget Projection
Original
Actual Actual Budget Projection Proposed Projection Projection
FY2018 FY2019 FY2020 FY2020 FY2021 FY2022 FY2023
TAXABLE VALUES (000'S) 871,076$ 871,829$ 892,023$ 894,277$ 907,656$ 921,528$ 935,891$
MILL RATE 4.35 4.35 4.35 4.35 4.35 4.35 4.35
REVENUES
Property & Sales Taxes
Property Tax 3,868,445 3,890,087 3,940,692 3,950,304 3,977,338 4,078,474 4,139,703
Sales Tax 6,854,253 7,159,094 7,387,175 6,988,193 7,116,759 8,856,364 9,077,773
Total Property & Sales Taxes 10,722,698 11,049,181 11,327,867 10,938,497 11,094,097 12,934,838 13,217,476
Intergovernmental Revenue:
PERS Funding 218,726 414,458 470,553 470,553 634,517 653,553 673,160
Community Assistance 250,852 210,345 171,001 174,116 76,068 76,068 76,068
Fish Tax 118,543 128,413 130,000 61,077 100,000 103,000 106,090
Other 101,120 140,088 60,500 210,428 110,300 115,815 121,606
Total State/Federal Revenue 689,241 893,304 832,054 916,174 920,885 948,436 976,924
Other Revenue
Licenses and Permits 93,863 85,212 105,500 111,000 86,000 88,580 91,237
Ambulance Fees 443,544 410,409 500,000 450,000 500,000 515,000 530,450
Interest 45,801 378,064 180,000 150,000 150,000 90,084 92,131
Other 585,268 652,774 659,146 713,045 659,911 679,708 700,099
Total Other Revenue 1,168,476 1,526,459 1,444,646 1,424,045 1,395,911 1,373,372 1,413,917
Total Revenues 12,580,415 13,468,944 13,604,567 13,278,716 13,410,893 15,256,646 15,608,317
Transfer From Other Funds
Charges to other funds 1,542,390 1,568,593 1,596,000 1,596,000 1,681,100 1,731,533 1,783,479
Capital Projects / Special Revenue - 283,221 50,000 50,000 50,000 50,000 50,000
Enterprise 400,000 - - - - - -
Trust Fund 161,561 - 124,252 137,239 139,523 142,313 145,159
Total Transfers 2,103,951 1,851,814 1,770,252 1,783,239 1,870,623 1,923,846 1,978,638
Total Revenues and Transfers 14,684,366 15,320,758 15,374,819 15,061,955 15,281,516 17,180,492 17,586,955
EXPENDITURES/APPROPRIATIONS
General Government 2,347,926 2,905,898 3,397,394 3,424,760 3,711,889 3,788,535 3,860,369
Public Safety 7,075,417 7,227,836 7,733,840 7,889,718 7,975,853 8,120,733 8,268,511
Public Works 2,270,210 2,267,632 2,399,834 2,416,629 2,511,588 2,455,007 2,500,534
Parks, Recreation & Cultural 2,134,422 2,117,734 2,244,028 2,289,066 2,172,565 2,076,262 2,114,527
Total Operating Expenditures 13,827,975 14,519,100 15,775,096 16,020,173 16,371,895 16,440,537 16,743,941
Transfers or Non-Operating 833,913 622,298 781,205 794,114 518,578 1,357,219 1,554,358
Total Expenditures/Appropriations 14,661,888 15,141,398 16,556,301 16,814,287 16,890,473 17,797,756 18,298,299
Total Surplus (Deficit) 22,478 179,360 (1,181,482) (1,752,332) (1,608,957) (617,264) (711,344)
Projected Lapse - 5% - - 788,755 801,009 818,595 822,027 837,197
Adjusted Surplus (Deficit) 22,478 179,360 (392,727) (951,323) (790,362) 204,763 125,853
Beginning Fund Balance 10,548,206 10,570,684 10,240,277 10,750,044 9,798,721 9,008,359 9,213,122
Ending Fund Balance 10,570,684 10,750,044 9,847,550 9,798,721 9,008,359 9,213,122 9,338,975
Restricted (682,068) (741,748) (754,068) (781,748) (817,748) (853,748) (889,748)
Committed (6,976,762) (7,116,039) (6,841,807) (7,048,917) (6,081,646) (6,738,914) (6,992,196)
Assigned (2,416,658) (2,418,240) (2,251,675) (1,968,056) (2,108,965) (1,620,460) (1,457,031)
Unassigned Fund Balance 495,196$ 474,017$ -$ -$ -$ -$ -$
Page 83
City of Kenai
Fiscal Year 2021 Operating Budget
Budget Projection
Fund: 006 - Personal Use Fishery Fund
Original
Actual Actual Budget Projection Proposed
FY2018 FY2019 FY2020 FY2020 FY2021
Revenues
PERS Grant 1,546$ 2,743$ 4,637$ 4,169$ 5,688$
Usage Fees
Beach Parking 174,613 118,309 146,460 144,330 146,460
Beach Camping 210,269 129,938 170,100 149,788 164,900
Dock Launch & Park 111,528 91,358 101,600 105,515 106,000
Dock Parking Only 12,010 9,547 10,800 11,736 12,000
Participant Drop-off Fee 7,481 5,943 6,715 4,698 6,715
Total Usage Fees 515,901 355,095 435,675 416,067 436,075
Miscellaneous Revenues
Investment earnings 1,522 7,624 750 750 750
Other 674 (3,250) (3,500) (4,208) (4,000)
Total Miscellaneous Revenues 2,196 4,374 (2,750) (3,458) (3,250)
Total Revenue 519,643 362,212 437,562 416,778 438,513
Expenditures
Public Safety 114,542 92,515 88,051 88,146 81,211
Streets 32,938 42,695 55,235 55,290 50,389
Boating Facility 56,380 45,077 64,161 64,279 90,850
Parks, Recreation & Beautification 225,445 277,025 241,588 245,362 205,612
Total Expenditures 429,305 457,312 449,035 453,077 428,062
Transfers - General Fund - - 50,000 50,000 50,000
Total Expenditures & Transfers 429,305 457,312 499,035 503,077 478,062
Contribution To/(From) Fund Balance: 90,338 (95,100) (61,473) (86,299) (39,549)
Projected Lapse - - 18,722 83,327 15,428
Adjusted (Deficit)/Surplus 90,338 (95,100) (42,751) (2,972) (24,121)
Beginning Fund Balance 203,556 293,894 169,622 198,794 195,822
Ending Fund Balance 293,894$ 198,794$ 126,871$ 195,822$ 171,701$
Page 84
City of Kenai
Fiscal Year 2021 Operating Budget
Budget Projection
Fund: 010 - Water and Sewer Fund
Original
Actual Actual Budget Projection Proposed
FY2018 FY2019 FY2020 FY2020 FY2021
Revenues
PERS Grant 17,347$ 35,066$ 42,205$ 42,205$ 55,288$
Usage Fees
Service Hook-up 2,608 2,408 3,063 3,063 3,185
Residential Water 830,102 832,835 872,821 872,821 872,822
Commercial Water 327,519 328,718 349,128 349,128 349,129
Residential Sewer 1,182,083 1,183,824 1,245,429 1,245,429 1,245,430
Commercial Sewer 453,930 467,204 484,901 484,901 484,901
Total Usage Fees 2,796,242 2,814,989 2,955,342 2,955,342 2,955,467
Miscellaneous Revenues
Penalty and Interest 36,959 43,415 41,600 41,600 41,600
Interest Earnings 11,775 108,222 12,480 12,480 12,480
Other 24,775 14,916 3,000 3,000 3,000
Total Miscellaneous Revenues 73,509 166,553 57,080 57,080 57,080
Total Revenues 2,887,098 3,016,608 3,054,627 3,054,627 3,067,835
Expenditures
Water Department 841,231 898,037 1,037,087 1,098,432 919,415
Sewer Department 456,195 394,495 594,826 594,826 588,881
Wastewater Treatment Plant Department 1,116,312 1,141,780 2,055,544 2,055,544 1,984,034
Total Expenditures 2,413,738 2,434,312 3,687,457 3,748,802 3,492,330
Contribution To/(From) Fund Balance: 473,360 582,296 (632,830) (694,175) (424,495)
Projected Lapse (6%) - - 140,997 144,078 137,895
Adjusted (Deficit)/Surplus (491,833) (550,097) (286,600)
Beginning Fund Balance 2,070,432 2,543,792 2,936,894 3,126,088 2,575,991
Ending Fund Balance 2,543,792$ 3,126,088$ 2,445,061$ 2,575,991$ 2,289,391$
Page 85
City of Kenai
Fiscal Year 2021 Operating Budget
Fund: 008 - Airport Fund
Department: Airport Fund Summary
Original
Actual Actual Budget Projection Proposed
FY2018 FY2019 FY2020 FY2020 FY2021
Revenues
State & Federal Grants 21,891$ 36,883$ 42,663$ 1,665,421$ 55,254$
Usage Fees
Fuel Sales 10,685 21,650 17,500 28,000 28,000
Fuel Flowage 12,093 9,571 15,000 10,000 15,000
Float Plane 722 1,554 750 750 750
Tie Down 6,832 7,130 7,500 7,500 7,500
Landing 401,556 410,697 505,500 307,500 300,874
Plane Parking 9,018 10,287 10,000 10,000 10,000
Total Usage Fees 440,906 460,889 556,250 363,750 362,124
Rents and Leases
Land 691,152 570,675 563,293 563,293 504,665
Total Rents and Leases 691,152 570,675 563,293 563,293 504,665
Miscellaneous
Penalty and Interest 7,513 4,926 5,000 5,000 5,000
Interest on Investments 20,563 155,283 35,000 35,000 35,000
Other 9,769 23,285 10,000 10,000 10,000
Total Miscellaneous 37,845 183,494 50,000 50,000 50,000
Terminal Revenue
Parking Fees 223,360 229,757 250,000 175,000 200,000
Rents and Leases 317,431 355,868 395,344 355,344 367,645
Penalty and Interest 3,989 7,516 4,500 7,500 7,500
Car Rental Commissions 171,096 178,767 180,000 200,000 120,000
Advertising Commissions 10,648 13,940 9,000 9,000 12,000
Miscellaneous 3,983 3,366 1,500 3,000 3,000
Total Terminal Revenue 730,507 789,214 840,344 749,844 710,145
Transfers In
Airport Land Trust Fund 1,210,348 1,203,690 908,811 928,251 955,050
Total Transfers In 1,210,348 1,203,690 908,811 928,251 955,050
Total Revenues 3,132,649 3,244,845 2,961,361 4,320,559 2,637,238
Expenditures
Airport Terminal 578,328 2,121,504 616,753 617,312 666,607
Airport Airfield 1,631,810 1,744,189 1,750,795 1,776,919 1,874,687
Airport Administration 621,759 533,185 348,507 340,024 358,462
Airport Other Buildings and Areas 261,943 152,640 248,777 256,036 171,014
Airport Training Facility 36,125 257,088 38,474 507,209 38,475
Total Expenditures 3,129,965 4,808,606 3,003,306 3,497,500 3,109,245
Contribution To/(From) Fund Balance: 2,684 (1,563,761) (41,945) 823,059 (472,007)
Projected Lapse (6%) - - 116,016 116,015 122,079
Adjusted (Deficit)/Surplus 74,071 939,074 (349,928)
Beginning Fund Balance 5,076,306 5,078,990 3,592,404 3,515,229 4,454,303
Ending Fund Balance 5,078,990$ 3,515,229$ 3,666,475$ 4,454,303$ 4,104,375$
Page 86
City of Kenai
Fiscal Year 2021 Operating Budget
Fund: 019 - Senior Citizens Fund
Department: Title III Summary
Original
Actual Actual Budget Projection Proposed
FY2018 FY2019 FY2020 FY2020 FY2021
Revenues
State Grants 198,577$ 204,464$ 205,831$ 205,831$ 212,504$
USDA Grant 18,958 24,938 20,000 20,000 20,000
Choice Waiver 195,012 135,444 125,000 125,000 125,000
KPB Grant 126,207 126,207 126,207 126,207 161,612
United Way 9,598 3,631 15,000 - -
Rents and Leases 8,324 8,174 13,000 13,000 13,000
Donations 47,668 8,494 32,000 32,500 32,500
Donation - Senior Connection 50,000 100,000 50,000 50,000 50,000
Meal Donations 82,837 67,998 82,500 72,500 72,500
Transfer from General Fund - Operations 176,739 182,027 239,208 239,899 224,801
Transfer from General Fund - Capital - - 14,100 14,100 -
Other (42) (9) 300 300 300
Total Revenue 913,878 861,368 923,146 899,337 912,217
Expenditures
Senior Citizen Access 157,065 140,539 191,256 191,415 180,075
Congregate Meals 220,661 231,082 261,266 264,057 262,518
Home Meals 205,562 202,637 223,664 224,663 230,951
Senior Transportation 80,087 80,929 104,527 104,596 100,417
Choice Waiver 250,503 232,910 165,893 166,066 161,041
Total Expenditures 913,878 888,097 946,606 950,797 935,002
Contribution To/(From) Fund Balance: - (26,729) (23,460) (51,460) (22,785)
Projected Lapse (3%) - - 23,460 23,586 22,785
Adjusted (Deficit)/Surplus - (26,729) - (27,874) -
Beginning Fund Balance - - - (26,729) (54,603)
Ending Fund Balance -$ (26,729)$ -$ (54,603)$ (54,603)$
Page 87
City of Kenai
Fiscal Year 2021 Operating Budget
Budget Projection
Fund: 009 - Congregate Housing Fund
Original
Actual Actual Budget Projection Proposed
FY2018 FY2019 FY2020 FY2020 FY2021
Revenues
PERS Grant 1,153$ 1,995$ 2,865$ 2,865$ 3,909$
Rents and Leases 394,618 407,714 406,145 401,145 417,533
Interest on Investments 2,558 21,630 4,000 4,000 4,000
Miscellaneous (300) 474 - (707) -
Total Revenues 398,029 431,813 413,010 407,303 425,442
Expenses 475,300 455,468 496,568 496,568 495,181
Net Income (loss) (77,271) (23,655) (83,558) (89,265) (69,739)
Beginning Retained Earnings 506,832 570,007 482,690 679,542 609,723
Capital Asset Acquistions - (7,256) - (121,000) -
Allocated to Capital Projects - (121,000) - - (260,000)
Credit for Depreciation 140,446 140,446 140,446 140,446 140,446
Available Retained Earnings 570,007$ 558,542$ 539,578$ 609,723$ 420,430$
Page 88
City of Kenai
Fiscal Year 2021 Operating Budget
Fund: 011 - Employee Health Care Fund
Department: 18 - Health Care Fund Summary
Original
Actual Actual Budget Projection Proposed
FY2018 FY2019 FY2020 FY2020 FY2021
Revenues
Charge for Services 1,903,581$ 2,148,495$ 2,436,200$ 2,436,200$ 2,636,734$
Participant premiums 236,949 258,664 282,312 252,345 369,849
Transfer from Other Funds - - - - -
Interest Earnings 836 9,285 1,000 4,000 6,000
Total Revenues 2,141,366 2,416,444 2,719,512 2,692,545 3,012,583
Expenses 2,010,581 2,257,555 2,598,511 2,598,511 3,133,762
Net Income (loss) 130,785 158,889 121,001 94,034 (121,179)
Beginning Retained Earnings 117,637 248,422 100,000 407,311 501,345
Available Retained Earnings 248,422$ 407,311$ 221,001$ 501,345$ 380,166$
FY2019 FY2020 FY2021 Difference % Change
Employer cost per position:
Full-time 20,031$ 22,715$ 24,700$ 1,985$ 8.74%
Part-time 10,016 11,358 12,350 992 8.73%
Employee monthly premiums:
Employee only 98.00$ 102.00$ 129.00$ 27.00$ 26.47%
Employee with child(ren) 178.00 204.00 234.00 30.00 14.71%
Employee with spouse 196.00 185.00 257.00 72.00 38.92%
Employee with family 268.00 278.00 353.00 75.00 26.98%
Part-time employee only 455.00 469.00 567.00 98.00 20.90%
Part-time employee w/Children 1,173.00 1,394.00 1,436.00 42.00 3.01%
Part-time employee w/Spouse 1,349.00 1,212.00 1,649.00 437.00 36.06%
Part-time employee w/Family 2,070.00 2,141.00 2,522.00 381.00 17.80%
Page 89
City of Kenai
Fiscal Year 2021 Operating Budget
Fund: 061 - Equipment Replacement Fund
Department: 59 - Equipment Replacement Fund Summary
Original
Actual Actual Budget Projection Proposed
FY2018 FY2019 FY2020 FY2020 FY2021
Revenues
Rents & Leases 324,104$ 369,949$ 321,754$ 321,326$ 314,507$
Interest Earnings 7,006 40,479 14,000 25,000 30,000
Other income - - 25,000 513,750 75,000
Total Revenues 331,110 410,428 360,754 860,076 419,507
Expenses - Depreciation 160,125 162,060 190,000 190,000 190,633
Net Income (loss) 170,985 248,368 170,754 670,076 228,874
Transfers out (400,000) - - - (400,000)
Total net income (loss) and transfers out (229,015) 248,368 170,754 670,076 (171,126)
Beginning Net Position 3,157,316 2,928,301 4,136,538 3,176,669 3,846,745
Ending Net Position 2,928,301 3,176,669 4,307,292 3,846,745 3,675,619
Invested in Capital Assets (1,754,920) (2,578,197) (2,404,366) (2,583,643) (2,393,010)
Unrestricted Net Position 1,173,381$ 598,472$ 1,902,926$ 1,263,102$ 1,282,609$
Page 90
City of Kenai
Fiscal Year 2021 Operating Budget
Fund: 063 - Fleet Replacement Fund
Department: 59 - Fleet Replacement Fund Summary
Original
Actual Actual Budget Projection Proposed
FY2018 FY2019 FY2020 FY2020 FY2021
Revenues
Rents & Leases -$ -$ -$ -$ 147,821$
Interest Earnings - - - - 8,000
Other income - - - - 62,589
Transfer In - - - - 400,000
Captial Contribution - - - 269,693 -
Total Revenues - - - 269,693 618,410
Expenses - Depreciation - - - - 74,811
Net Income (loss) - - - 269,693 543,599
Transfers out - - - - -
Total net income (loss) and transfers out - - - 269,693 543,599
Beginning Net Position - - - - 269,693
Ending Net Position - - - 269,693 813,292
Invested in Capital Assets - - - - (491,652)
Unrestricted Net Position -$ -$ -$ 269,693$ 321,640$
Page 91
City of Kenai
Fiscal Year 2021 Operating Budget
Budget Projection
Land Sales Permanent Funds
Original
Actual Actual Budget FY2020 Proposed
FY2018 FY2019 FY2020 Projection FY2021
FUND 082-52 Airport Land Sales Permanent Fund
Revenues
Acct. 36610 Investments Earnings 1,513,454$ 1,279,938$ 1,333,556$ 3,891,464$ 1,486,160$
Acct. 36645 Interest on Land Sale Contracts - 14,276 10,000 10,000 10,000
Acct. 33640 Land Sales 9,234 455,207 - - -
Total Revenue 1,522,688 1,749,421 1,343,556 3,901,464 1,496,160
Expenses
Transfer to Airport Land System Fund 1,210,348 1,203,690 908,811 928,251 955,050
Contributions To/(From) Fund Balance 312,340 545,731 434,745 2,973,213 541,110
Beginning Fund Balance 24,280,015 24,592,355 24,892,866 25,138,086 28,111,299
Ending Fund Balance 24,592,355$ 25,138,086$ 25,327,611$ 28,111,299$ 28,652,409$
FUND 081-52 General Land Sales Permanent Fund
Revenues
Acct. 36610 Investments Earnings 187,598$ 164,838$ 175,829$ 578,494$ 194,330$
Acct. 36645 Interest on Land Sale Contracts - - - - -
Acct. 33640 Land Sales 54,001 775 - - -
Total Revenue 241,599 165,613 175,829 578,494 194,330
Expenses
Transfer to General Fund 161,561 - 124,252 137,239 139,523
Contributions To/(From) Fund Balance 80,038 165,613 51,577 441,255 54,807
Beginning Fund Balance 3,049,939 3,129,977 3,156,822 3,295,590 3,736,845
Ending Fund Balance 3,129,977$ 3,295,590$ 3,208,399$ 3,736,845$ 3,791,652$
Page 92
City of Kenai
Fiscal Year 2021 Operating Budget
Fund 048 - Debt Service
Original
Actual Actual Budget Projection Proposed
FY2018 FY2019 FY2020 FY2020 FY2021
Revenues
Bond Interest Subsidy 34,996 35,127 32,607 32,607 30,493
Transfer from General Fund 142,002 143,271 140,097 140,097 141,518
Total Revenue 176,998 178,398 172,704 172,704 172,011
Expenditures
Parks, Recreation & Culture 176,998 178,398 172,704 172,704 172,011
Contributions To/From Fund Balance - - - - -
Beginning Fund Balance - - - - -
Ending Fund Balance -$ -$ -$ -$ -$
Page 93
Sponsored by: Administration
CITY OF KENAI
ORDINANCE NO. 3122-2020
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, ACCEPTING AND
APPROPRIATING A VOLUNTEER FIRE ASSISTANCE (VFA) GRANT FROM THE UNITED
STATES DEPARTMENT OF AGRICULTURE FOREST SERVICE PASSED THROUGH THE
STATE OF ALASKA DIVISION OF FORESTRY FOR THE PURCHASE OF FORESTRY
FIREFIGHTING EQUIPMENT.
WHEREAS, City of Kenai Fire Department is a cooperator with Division of Forestry and has
contracted personnel and equipment on major fire incidents on the Kenai Peninsula; and,
WHEREAS, grant funding will be used to purchase personal protective equipment (PPE) for our
personnel, to be used while responding to Forest Fire Incidents; and,
WHEREAS, additional equipment will be purchased to improve response capabilities in our
service area and assist Division of Forestry on incidents as a cooperator; and,
WHEREAS, the State of Alaska Division of Forestry has provided a grant in the amount of
$7,398.90 to assist the City of Kenai Fire Department in purchasing forestry firefighting gear, and,
WHEREAS, appropriation of this grant for its intended purpose is in the best interest of the City
and its residents.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA,
as follows:
Section 1. That the City Manager is authorized to accept a grant from the United States
Department of Agriculture Forest Service passed through the State of Alaska Division of Forestry
in the amount of $7,398.90 for the purchase of forestry firefighting equipment and is authorized
to execute a grant agreement and to expend the grant funds to fulfill the purpose and intent of
this Ordinance.
Section 2. That the estimated revenues and appropriations be increased as follows:
General Fund:
Increase Estimated Revenues –
Federal Grant – Fire $7,398.90
Increase Appropriations –
Fire – Small Tools/Minor Equipment $7,398.90
Section 4. Severability: That if any part or provision of this ordinance or application thereof to
any person or circumstances is adjudged invalid by any court of competent jurisdiction, such
Page 94
Ordinance No. 3122-2020
Page 2 of 2
_____________________________________________________________________________________
New Text Underlined; [DELETED TEXT BRACKETED]
judgment shall be confined in its operation to the part, provision, or application directly involved
in all controversy in which this judgment shall have been rendered, and shall not affect or impair
the validity of the remainder of this title or application thereof to other persons or circumstances.
The City Council hereby declares that it would have enacted the remainder of this ordinance even
without such part, provision, or application.
Section 5. Effective Date: That pursuant to KMC 1.15.070(f), this ordinance shall take effect
immediately upon enactment.
ENACTED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 20th day of May, 2020.
BRIAN GABRIEL SR., MAYOR
ATTEST:
___________________________________
Jamie Heinz, CMC, City Clerk
Approved by Finance: _________________
Introduced: May 6th, 2020
Enacted: May 20th, 2020
Effective: May 20th, 2020
Page 95
MEMORANDUM
TO: Mayor Brian Gabriel and Kenai City Council
THROUGH: Paul Ostrander, City Manager
FROM: Tony Prior, Fire Chief
DATE: April 3, 2020
SUBJECT: Ordinance No. 3122-2020
The City of Kenai Fire Department has been awarded a Volunteer Fire Assistance (VFA) grant
in the amount of $7,398.90 for the purchase of forestry firefighting gear from the United States
Department of Agriculture Forest Service through State of Alaska Division of Forestry. The grant
will fund the purchase of forestry firefighting pants and shirts for our newest personnel, along
with equipment to place on our designated forestry response apparatus. This gear and
equipment will enable us to respond in the appropriately with tools needed on forestry incidents.
Your consideration is appreciated.
Page 96
Sponsored by: Administration
CITY OF KENAI
ORDINANCE NO. 3124-2020
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, ACCEPTING AND
APPROPRIATING A MEALS ON WHEELS COVID-19 RESPONSE FUND GRANT FROM
MEALS ON WHEELS AMERICA FOR KENAI SENIOR CENTER EXPENDITURES IN SUPPORT
OF COVID-19 PANDEMIC RESPONSE.
WHEREAS, the Kenai Senior Center is a long-standing member of the Meals on Wheels
Association America; and,
WHEREAS, Meals on Wheels America launched its COVID-19 Response Fund and the
corresponding grant program provides “stop-gap” emergency grants of up to $25,000 to members
working to secure additional food and supplies and adapt to new procedures and delivery
methods, all while experiencing a rapid increase in demand for services; and,
WHEREAS, the Kenai Senior Center has been providing additional home meals through the
COVID-19 Pandemic and has increased costs for food and supplies; and,
WHEREAS, acceptance of this grant is in the best interest of the City and its residents.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA,
as follows:
Section 1. That the City Manager is authorized to accept a grant in the amount of $20,000
from the Meals on Wheels COVID-19 Response Fund of Meals on Wheels America for Kenai
Senior Center expenditures in support of its response to the COVID-19 Pandemic.
Section 2. That the estimated revenues and appropriations be increased as follows:
Senior Citizen Fund:
Increase Estimated Revenues –
Miscellaneous Grants $20,000
Increase Appropriations –
Home Meals – Operating & Repair Supplies $15,000
Congregate Meals – Operating & Repair Supplies 5,000
$20,000
Section 3. Severability: That if any part or provision of this ordinance or application thereof to
any person or circumstances is adjudged invalid by any court of competent jurisdiction, such
judgment shall be confined in its operation to the part, provision, or application directly involved
in all controversy in which this judgment shall have been rendered, and shall not affect or impair
the validity of the remainder of this title or application thereof to other persons or circumstances.
Page 97
Ordinance No. 3124-2020
Page 2 of 2
_____________________________________________________________________________________
New Text Underlined; [DELETED TEXT BRACKETED]
The City Council hereby declares that it would have enacted the remainder of this ordinance even
without such part, provision, or application.
Section 4. Effective Date: That pursuant to KMC 1.15.070(f), this ordinance shall take effect
immediately upon enactment.
ENACTED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 20th day of May, 2020.
BRIAN GABRIEL SR., MAYOR
ATTEST:
___________________________________
Jamie Heinz, CMC, City Clerk
Approved by Finance: _________________
Introduced: May 6, 2020
Enacted: May 20, 2020
Effective: May 20, 2020
Page 98
MEMORANDUM
TO: Mayor Brian Gabriel and Kenai City Council
THROUGH: Paul Ostrander, City Manager
FROM: Kathy Romain
DATE: April 27, 2020
SUBJECT: Ordinance No. 3124-2020
The Kenai Senior Center has received a $20,000 COVID-19 Response grant from Meals On
Wheels America in support of the services provided to Meals On Wheels recipients through this
pandemic.
I respectfully request consideration of the ordinance accepting and appropriating these grant
funds.
Page 99
Sponsored by: Administration
CITY OF KENAI
ORDINANCE NO. 3125-2020
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, ACCEPTING AND
APPROPRIATING ADDITIONAL NUTRITION, TRANSPORTATION AND SUPPORT SERVICES
GRANT FUNDS FROM THE UNITED STATES DEPARTMENT OF HEALTH AND HUMAN
SERVICES PASSED THROUGH THE STATE OF ALASKA DEPARTMENT OF HEALTH AND
SOCIAL SERVICES FOR KENAI SENIOR CENTER EXPENDITURES IN SUPPORT COVID-19
PANDEMIC RESPONSE.
WHEREAS, the City of Kenai receives funding for the Senior Center through the State of Alaska
Title III Nutrition, Transportation and Services Grant; and,
WHEREAS, the State of Alaska received additional COVID-19 Pandemic funding for the provision
of meals, food boxes and other forms of nutrition for Alaskan seniors; and,
WHEREAS, the Senior Center has been providing additional home meals through the COVID-19
Pandemic; and,
WHEREAS, the Senior Center applied for a supplemental grant through the State of Alaska and
has been awarded a grant in the amount of $18,375; and,
WHEREAS, acceptance of this grant is in the best interest of the City and its residents.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA,
as follows:
Section 1. That the City Manager is authorized to accept a grant in the amount of $18,375
from the United States Department of Health and Human Services passed through the State of
Alaska Department of Health and Social Services for Kenai Senior Center expenditures in support
of its response to the COVID-19 Pandemic.
Section 2. That the estimated revenues and appropriations be increased as follows:
Senior Citizen Fund:
Increase Estimated Revenues –
Federal Grants $18,375
Increase Appropriations –
Home Meals – Operating & Repair Supplies $13,781
Congregate Meals – Operating & Repair Supplies 4,594
$18,375
Page 100
Ordinance No. 3125-2020
Page 2 of 2
_____________________________________________________________________________________
New Text Underlined; [DELETED TEXT BRACKETED]
Section 3. Severability: That if any part or provision of this ordinance or application thereof to
any person or circumstances is adjudged invalid by any court of competent jurisdiction, such
judgment shall be confined in its operation to the part, provision, or application directly involved
in all controversy in which this judgment shall have been rendered, and shall not affect or impair
the validity of the remainder of this title or application thereof to other persons or circumstances.
The City Council hereby declares that it would have enacted the remainder of this ordinance even
without such part, provision, or application.
Section 4. Effective Date: That pursuant to KMC 1.15.070(f), this ordinance shall take effect
immediately upon enactment.
ENACTED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 20th day of May, 2020.
BRIAN GABRIEL SR., MAYOR
ATTEST:
___________________________________
Jamie Heinz, CMC, City Clerk
Approved by Finance: _________________
Introduced: May 6, 2020
Enacted: May 20, 2020
Effective: May 20, 2020
Page 101
MEMORANDUM
TO: Mayor Brian Gabriel and Kenai City Council
THROUGH: Paul Ostrander, City Manager
FROM: Kathy Romain, Senior Center Director
DATE: April 27, 2020
SUBJECT: Ordinance No. 3125-2020
The Kenai Senior Center has received a supplemental funding appropriation through the State
of Alaska Title III - Nutrition, Transportation and Services in the amount of $18,374.00. These
funds are a pass-through grant from the United States Department of Health and Human
Services in support of the COVID-19 Pandemic.
I respectfully request consideration of the Ordinance accepting and appropriating these grant
funds.
Page 102
KENAI PLANNING & ZONING COMMISSION
REGULAR MEETING
APRIL 8, 2020 – 7:00 P.M.
KENAI CITY COUNCIL CHAMBERS
210 FIDALGO AVENUE, KENAI, ALASKA
CHAIR JEFF TWAIT, PRESIDING
MINUTES
A. CALL TO ORDER
Commission Chair J. Twait called the meeting to order at 7:02 p.m.
1. Pledge of Allegiance
Commission Chair J. Twait led those assembled in the Pledge of the Allegiance.
2. Roll Call
Commissioners present: J. Twait, D. Fikes, G. Greenberg, V. Askin, R. Springer, J.
Commissioners absent: T. McIntyre, Halstead
Staff/Council Liaison present: City Planner E. Appleby, Deputy Clerk J. LaPlante, Council
Liaison H. Knackstedt
A quorum was present.
3. Agenda Approval
MOTION:
Commissioner Askin MOVED to approve the agenda as presented and Commissioner Fikes
SECONDED the motion. There were no objections; SO ORDERED.
4. Consent Agenda
MOTION:
Commissioner Askin MOVED to approve the consent agenda and Commissioner Fikes
SECONDED the motion. There were no objections; SO ORDERED.
*All items listed with an asterisk (*) are considered to be routine and non-controversial by the
Commission and will be approved by one motion. There will be no separate discussion of
these items unless a Commission Member so requests, in which case the item will be
removed from the Consent Agenda and considered in its normal sequence on the agenda
as part of the General Orders.
5. *Excused absences – T. McIntyre, J. Halstead
Page 103
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Planning and Zoning Commission Meeting Page 2 of 4
April 8, 2020
B. APPROVAL OF MINUTES
1. *March 11, 2020
The minutes were approved by the Consent Agenda.
C. SCHEDULED PUBLIC COMMENT – None.
D. UNSCHEDULED PUBLIC COMMENT – None.
E. CONSIDERATION OF PLATS
1. Resolution PZ2020-05 - Preliminary Subdivision Plat of Kristine Subdivision No. 1,
submitted by McLane Consulting, Inc., P.O. Box 468, Soldotna AK 99669, on behalf of
the Estate of Donald Frederickson, P.O. Box 770987, Eagle River, AK 99577.
MOTION:
Commissioner Springer MOVED to approve Resolution PZ2020-05 and Commissioner Fikes
SECONDED the motion.
The City Planner provided the staff report noting the owner was subdividing the two larger parcels
into three smaller lots to be described as Lots 1, 2, and 3, Kristine Subdivision No. 1, adding the
street name would be corrected from Child Street to Child Avenue to accurately reflect the street
name. It was further noted that water and sewer lines were within the right-of-way of Bridge
Access Road but the existing facilities located on the property were not connected to City water
and sewer services.
Approval of the plat was recommended, subject to the following conditions:
• Further development of the property shall conform to all federal, State of Alaska, and local
regulations; and
• Childs Street was incorrectly referenced on the plat and should be changed to Childs
Avenue.
Commission Chair Twait opened the floor for public testimony. There being no one wishing to be
heard, public comment was closed.
It was clarified if there was development on the property within 200 feet of the City water and
sewer lines, the owner would need to either connect or request to use their own source on the
property and pay a fee.
VOTE:
YEA: Greenberg, Springer, Fikes, Askin, Twait
NAY:
MOTION PASSED UNANIMOUSLY.
2. Resolution PZ2020-06 - Preliminary Plat of General Aviation Apron Tract A, submitted
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Planning and Zoning Commission Meeting Page 3 of 4
April 8, 2020
by Segesser Surveys, Inc., 30485 Roseland St., Soldotna AK 99669, on behalf of the
City of Kenai, 210 Fidalgo Ave., Kenai, AK 99611.
The City Planner provided the staff report noting the parcel would be divided into two separate
lots. The new Tract A1 would be retained by the City as it was part of the runway while the new
Tract A2 would be leased to SOAR International Ministries, LLC. It was further noted that the 10-
foot utility easement on North Willow Street would remain the same.
City staff recommended approval of the preliminary plat of General Aviation Apron Tract A subject
to the following condition:
• Further development of the property shall conform to all federal, State of Alaska, and local
regulations.
MOTION:
Commissioner Springer MOVED to approve Resolution PZ2020-05 and Commissioner Fikes
SECONDED the motion.
Commission Chair Twait opened the floor for public testimony. There being no one wishing to be
heard, public comment was closed.
It was agreed it met City standards.
VOTE:
YEA: Fikes, Springer, Askin, Greenberg, Twait
NAY:
MOTION PASSED UNANIMOUSLY.
F. PUBLIC HEARINGS – None.
G. UNFINISHED BUSINESS – None.
H. NEW BUSINESS – None.
I. PENDING ITEMS – None.
J. REPORTS
1. City Council – Council Member Knackstedt reported on the actions from the March 18,
March 23, and April 1, 2020 City Council meetings, including the new logo and
information on the City actions in response to COVID-19, as updated on the City of Kenai
website.
2. Borough Planning – The next Planning Commission meeting was scheduled for April
13 and would also be done virtually.
3. Administration – City Planner Appleby reported on the following:
• All of the Planning and Zoning forms were updated with the new logo and most of
Page 105
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Planning and Zoning Commission Meeting Page 4 of 4
April 8, 2020
the forms were now fillable online;
• Letters were sent to lessees noting the individual lease rate changes, effective July
1, 2020;
• Most of the assisting staff were teleworking from home but were available and
moving City business forward as best as possible; and
• She encouraged supporting local businesses and restaurants that are open for take-
out during this trying time.
K. ADDITIONAL PUBLIC COMMENT
L. INFORMATIONAL ITEMS
M. NEXT MEETING ATTENDANCE NOTIFICATION – April 22, 2020
N. COMMISSION COMMENTS & QUESTIONS
Commissioners Fikes and Askin expressed appreciation for the ease and smooth meeting in a
virtual setting, thanking the City Clerk.
O. ADJOURNMENT
There being no further business before the Commission, the meeting was adjourned at 7:41 p.m.
Minutes prepared and submitted by:
____________________________
Jacquelyn LaPlante
Deputy City Clerk
Page 106
MEMORANDUM
TO: Mayor Brian Gabriel and Kenai City Council
THROUGH: Paul Ostrander, City Manager
FROM: Terry Eubank
DATE: April 29, 2020
SUBJECT: March 31, 2020 Quarterly Financial Report
Attached is a relatively easily produced quarterly financial report for the General Fund, Personal
Use Fishery Fund, Airport Fund, Water/Sewer Fund, and Senior Fund as of March 31, 2020.
This report is essentially on a cash basis, so there are accounts that may not look reasonable. In
the General Fund for example, sales and property tax revenue only includes payments made to
the City by the Borough through February. The first calendar quarter 2020 sales tax filings and
tax payments are not in at this point and we will not be received for this quarter until the end of
April or early May.
State and Federal is below budget in all funds because of PERS aid. The State doesn’t actually
give us any money. Instead they make an ‘on-behalf’ payment to the pension system. Similarly
we have not booked expenditures for the PERS the State is covering, so the Non-Departmental
department is way under budget. At year-end we will record revenue and expenditures for these
items.
Page 107
Quarterly General Fund
Expenditure Report
For Quarter Ended March 31, 2020
Original *
FY2019 FY2020 Amended YTD
Actual Budget Budget Actual Variance %
REVENUES
Appropriation of Fund Balance -$ 1,222,687$ 1,263,158$ -$ (1,263,158)$ 0.00%
Taxes 11,049,181 11,327,867 11,327,867 8,355,616 (2,972,251) 73.76%
Licenses/Permits and Ambulance 535,038 647,500 647,500 462,637 (184,863) 71.45%
State/Federal 943,704 982,382 1,030,531 442,992 (587,539) 42.99%
Dock/Multipurpose/Miscellaneous 144,574 138,500 138,500 117,742 (20,758) 85.01%
Fines and Forfeitures 92,076 93,000 93,000 81,106 (11,894) 87.21%
Interest and Miscellaneous 704,371 515,346 543,479 698,556 155,077 128.53%
Transfers/Central Admin Fees 1,851,814 1,770,252 1,770,252 1,268,750 (501,502) 71.67%
Total Revenues 15,320,758 16,697,533 16,814,287 11,427,399 (5,386,888) 67.96%
EXPENDITURES & TRANSFERS
General Government
01 City Clerk 298,831$ 301,564$ 301,564$ 194,251$ 107,313$ 35.59%
11 Legislative 162,769 162,868 162,868 134,198 28,670 17.60%
12 Legal 326,469 348,786 348,786 234,296 114,490 32.83%
13 City Manager 334,928 364,214 369,114 259,199 109,915 29.78%
14 Human Resources 113,691 173,045 173,045 122,237 50,808 29.36%
15 Finance 670,699 739,025 744,025 515,392 228,633 30.73%
16 Land Administration 12,878 21,354 21,354 2,087 19,267 90.23%
18 Non-Departmental 772,823 1,048,345 1,049,633 537,146 512,487 48.83%
19 Planning and Zoning 208,010 235,222 235,222 155,158 80,064 34.04%
20 Safety 4,800 19,150 19,150 460 18,690 97.60%
Total General Government 2,905,898 3,413,573 3,424,761 2,154,424 1,270,337 37.09%
Public Safety
21 Police 2,996,873 3,298,413 3,317,900 2,322,406 995,494 30.00%
22 Fire 3,038,836 3,234,703 3,262,836 2,244,231 1,018,605 31.22%
23 Communications 789,112 867,178 867,178 612,162 255,016 29.41%
29 Animal Control 403,015 441,804 441,804 301,313 140,491 31.80%
Total Public Safety 7,227,836 7,842,098 7,889,718 5,480,112 2,409,606 30.54%
Public Works
31 Public Works Administration 128,129 194,711 194,711 120,044 74,667 38.35%
32 Shop 609,296 644,715 644,715 419,886 224,829 34.87%
33 Streets 1,017,766 1,013,174 1,013,174 548,327 464,847 45.88%
34 Buildings 337,504 373,427 373,427 260,910 112,517 30.13%
35 Street Lighting 174,937 190,602 190,602 114,851 75,751 39.74%
60 Dock 35,018 66,066 66,066 33,803 32,263 48.83%
Total Public Works 2,302,650 2,482,695 2,482,695 1,497,821 984,874 39.67%
Parks and Recreation & Culture
03 Visitor Center 175,310 173,198 175,818 121,890 53,928 30.67%
40 Library 831,690 903,284 910,284 604,757 305,527 33.56%
45 Parks, Recreation & Beautification 1,075,716 1,101,480 1,136,898 784,398 352,500 31.01%
Total Parks and Recreation & Culture 2,082,716 2,177,962 2,223,000 1,511,045 711,955 32.03%
Total Operating Expenditures 14,519,100 15,916,328 16,020,173 10,643,402 5,376,771 33.56%
Transfer to other funds
Street Improvement Capital Project Fund 200,000 200,000 200,000 200,000 - 0.00%
Senior Center Impr. Capital Projects 34,500 - - - - -
Kenai Recreation Center Capital Project Fund 27,500 100,000 100,000 100,000 - 0.00%
Trail Construction Capital Project Fund - 37,800 37,800 37,800 - 0.00%
Public Safety Building Capital Proj. Fund 35,000 - - - - -
Public Safety Capital Project Fund - - 12,218 12,218 - 0.00%
Library Improvement Capital Proj. Fund - 50,000 50,000 50,000 - 0.00%
Senior Citizen Special Revenue Fund 182,027 253,308 253,999 60,493 193,506 76.18%
Debt Service 143,271 140,097 140,097 139,853 244 0.17%
Total Transfer to other funds 622,298 781,205 794,114 600,364 193,750 24.40%
Total Expenditures & Transfers 15,141,398 16,697,533 16,814,287 11,243,766 5,570,521 33.13%
Net Revenues over(under) Expenditures 179,360$ -$ -$ 183,633$ 183,633$
* Note: The original budget includes outstanding encumbrances at 6/30/2019.
Page 108
Quarterly Personal Use Fishery Fund
Expenditure Report
For Quarter Ended March 31, 2020
Original *
FY2019 FY2020 Amended YTD
Actual Budget Budget Actual Variance %
REVENUES
Appropriation of Fund Balance -$ 64,973$ 65,515$ -$ (65,515)$ -100.00%
Beach Parking 118,308 146,460 146,460 144,330 (2,130) -1.45%
Beach Camping 129,939 170,100 170,100 149,788 (20,312) -11.94%
Dock Launch & Park 91,358 101,600 101,600 105,395 3,795 3.74%
Dock Parking Only 9,547 10,800 10,800 11,736 936 8.67%
Participant Drop-off Fee 5,943 6,715 6,715 4,698 (2,017) -30.04%
Interest Earnings 7,624 750 750 - (750) -100.00%
PERS Grant 2,743 4,637 4,637 - (4,637) -100.00%
Credit Card Fees (3,250) (3,500) (3,500) (4,283) (783) 22.37%
Total Revenue 362,212 502,535 503,077 411,664 (91,413) -18.17%
EXPENDITURES & TRANSFERS
Public Safety 92,515$ 88,051$ 88,146$ 74,147$ 13,999$ 15.88%
Streets 42,695 55,235 55,290 28,465 26,825 48.52%
Boating Facility 45,077 64,161 64,279 48,672 15,607 24.28%
Parks, Recreation & Beautification 227,025 245,088 245,362 195,575 49,787 20.29%
Total Operating Expenditures 407,312 452,535 453,077 346,859 106,218 23.44%
Transfers to Other Funds - General Fund 50,000 50,000 50,000 50,000 - 0.00%
Total Expenditures & Transfers 457,312 502,535 503,077 396,859 106,218 21.11%
Net Revenues over Expenditures (95,100)$ -$ -$ 14,805$ (197,631)$
* Note: The original budget includes outstanding encumbrances at 6/30/2019.
Page 109
Quarterly Airport Fund
Expenditure Report
For Quarter Ended March 31, 2020
Original *
FY2019 FY2020 Amended YTD
Actual Budget Budget Actual Variance %
REVENUES
Appropriation of Fund Balance -$ 41,945$ 536,139$ 536,139$ -$ 0.00%
State/Federal 36,883 42,663 42,663 - (42,663) 0.00%
Interest , Leases & Fees 728,771 737,260 737,260 533,926 (203,334) 72.42%
Terminal Revenues 864,804 767,127 767,127 540,773 (226,354) 70.49%
Landing Fees 410,697 505,500 505,500 290,563 (214,937) 57.48%
Transfers In 1,203,690 908,811 908,811 - (908,811) 0.00%
Total Revenues 3,244,845 3,003,306 3,497,500 1,901,401 (1,596,099) 54.36%
EXPENDITURES & TRANSFERS
Terminal Area 550,783$ 616,753$ 617,312$ 385,354$ 231,958$ 37.58%
Airfield 1,691,992 1,750,795 1,751,460 1,241,057 510,403 29.14%
Administration 299,964 348,507 340,024 203,837 136,187 40.05%
Other Buildings & Areas 152,640 208,777 216,036 104,959 111,077 51.42%
Training Facility 41,088 38,474 38,474 12,198 26,276 68.30%
Total Expenditures 2,736,467 2,963,306 2,963,306 1,947,405 1,015,901 34.28%
Transfer to other funds
Airport Improvement Capital Projects 2,072,139 40,000 534,194 494,194 40,000 0.00%
Total Transfer to other funds 2,072,139 40,000 534,194 494,194 40,000 7.49%
Total Expenditures & Transfers 4,808,606 3,003,306 3,497,500 2,441,599 1,055,901 30.19%
Net Revenues over Expenditures (1,563,761)$ -$ -$ (540,198)$ (540,198)$
* Note: The original budget includes outstanding encumbrances at 6/30/2019.
Page 110
Quarterly Water Sewer Fund
Expenditure Report
For Quarter Ended March 31, 2020
Original *
FY2019 FY2020 Amended YTD
Actual Budget Budget Actual Variance %
REVENUES
Appropriation of Fund Balance -$ 1,699,830$ 1,699,830$ 385,390$ (1,314,440)$ 22.67%
State/Federal 35,066 42,205 42,205 - (42,205) 0.00%
Water/Sewer Fees 2,814,989 2,955,342 2,955,342 2,219,166 (736,176) 75.09%
Penalty and Interest 43,415 41,600 41,600 35,916 (5,684) 86.34%
Interest and Miscellaneous 123,138 15,480 15,480 10,355 (5,125) 66.89%
Total Revenues 3,016,608 4,754,457 4,754,457 2,650,827 (2,103,630) 55.75%
EXPENDITURES & TRANSFERS
Water 787,637$ 1,044,087$ 1,044,087$ 549,846$ 494,241$ 47.34%
Sewer 394,495 594,826 594,826 265,342 329,484 55.39%
Wastewater Treatment Plant 1,141,780 2,055,544 2,055,544 765,639 1,289,905 62.75%
Total Expenditures 2,323,912 3,694,457 3,694,457 1,580,827 2,113,630 57.21%
Transfer to other funds -
Water & Sewer Capital Projects 110,400 1,060,000 1,060,000 1,070,000 (10,000) -
Total Transfer to other funds 110,400 1,060,000 1,060,000 1,070,000 (10,000) -
Total Expenditures & Transfers 2,434,312 4,754,457 4,754,457 2,650,827 2,103,630 44.25%
Net Revenues over Expenditures 582,296$ -$ -$ -$ -$
* Note: The original budget includes outstanding encumbrances at 6/30/2019.
Page 111
Quarterly Senior Fund
Expenditure Report
For Quarter Ended March 31, 2020
Original *
FY2019 FY2020 Amended YTD
Actual Budget Budget Actual Variance %
REVENUES
Appropriation of Fund Balance -$ 23,460$ 23,460$ -$ (23,460)$ 0.00%
State Grants 204,464 205,831 205,831 143,885 (61,946) 69.90%
USDA Grant 24,938 20,000 20,000 11,207 (8,793) 56.04%
Choice Waiver 135,444 125,000 125,000 92,871 (32,129) 74.30%
KPB Grant 126,207 126,207 126,207 126,207 - 100.00%
United Way 3,631 15,000 15,000 - (15,000) 0.00%
Rents & Leases 8,174 13,000 13,000 9,471 (3,529) 72.85%
Miscellaneous Donations 4,278 25,000 28,500 18,806 (9,694) 65.99%
Donations - Senior Connection 100,000 50,000 50,000 430 (49,570) 0.86%
Meal Donations 67,997 82,500 82,500 47,613 (34,887) 57.71%
Ride Donations 4,215 7,000 7,000 2,570 (4,430) 36.71%
Transfer from General Fund - Operations 170,857 239,208 239,899 179,925 (59,974) 75.00%
Transfer from General Fund - Capital 11,170 14,100 14,100 - (14,100) 0.00%
Other (7) 300 300 95 (205) 31.67%
Total Revenues 861,368 946,606 950,797 633,080 (317,717) 66.58%
EXPENDITURES & TRANSFERS
Senior Citizen Access 140,539$ 191,256$ 191,415$ 122,485$ 68,930$ 36.01%
Congregate Meals 231,082 261,266 264,057 176,569 87,488 33.13%
Home Meals 202,637 223,664 224,663 147,999 76,664 34.12%
Senior Transportation 80,929 104,527 104,596 73,507 31,089 29.72%
Choice Waiver 232,910 165,893 166,066 105,974 60,092 36.19%
Total Expenditures 888,097 946,606 950,797 626,534 324,263 34.10%
Transfer to other funds -
- - - - - -
Total Transfer to other funds - - - - - -
Total Expenditures & Transfers 888,097 946,606 950,797 626,534 324,263 34.10%
Net Revenues over Expenditures (26,729)$ -$ -$ 6,546$ 6,546$
* Note: The original budget includes outstanding encumbrances at 6/30/2019.
Page 112
MEMORANDUM
TO: Mayor Brian Gabriel and Kenai City Council
THROUGH: Paul Ostrander, City Manager
FROM: Terry Eubank
DATE: April 29, 2020
SUBJECT: March 31, 2020 Quarterly Investment Report
City of Kenai Investment Portfolio
At March 31, 2020 the City had investments with a market value of $21,555,810. That is down
from $24,265,086 at December 31, 2019. The total portfolio size is decreasing as it typically does
this time of year when tax revenues from the fall, which were greater than expenditures for those
months, are utilized because current tax revenues are less than current expenditures. The
portfolio is also being impacted by large expenditures on capital projects for which grant
reimbursement has yet to be received. The City’s portfolio is yielding 2.04% that is up from 2.02%
at December 31, 2019. The Federal Reserve reduced the Federal Funds Rate twice in March
2020 in response to the COVID-19 Pandemic Emergency. The result is an increase in the
portfolios change in fair market value which was $9,752 at June 30, 2019 and $181,378 at the
end of March 2020. There is an inverse relationship between bond values and interest rates
meaning when interest rates decrease, bond values increase. When interest rates decrease the
market value of existing bonds increases. Unfortunately, as higher yielding securities mature they
will be replaced at lower yields, causing the portfolio’s rate of return to decrease in the future
City’s Investment Portfolio
US Agency Securities $ 2,510,545
AML Investment Pool 2,961,122
Wells Fargo Money Market 2,118,749
FDIC Insured Certificates of Deposit 15,367,993
Bank Balance 1,306,677
Total $ 24,265,086
Permanent Fund Investments
The first quarter 2020 was like no other quarter in the history of the United States Economy. The
Standard and Poor’s Stock Market Index (S&P 500) was down 12.35% in the month of March
Page 113
Page 2 of 2
alone and down 19.60% for the quarter, the price of oil plunged more than 60%, and the yield on
the 10-year US Treasuries dropped to an all-time low. All related to the COVID-19 Pandemic
Emergency. Returns for the first quarter of 2020 were (11.86)%. Since inception the portfolio
has returned 6.86%. As of March 31, 2020 the portfolio value was $27,065,756, comprised of
$23,018,744 (85.05%) Airport Land Sale Permanent Fund, $3,023,914 (11.17%) General Land
Sale Permanent Fund monies, $141,709 (0.52%) Kenai Community Foundation holdings, and
$881,359 (3.26%) Kenai Senior Connection holdings. The annual transfers for the City’s
permanent funds have not been made to date but will be made prior to year end.
Funds were received from the Kenai Senior Connection in December 2019 and incorporated into
the portfolio in January 2020 with the start of the new quarter.
While not a prediction of future performance, it should be noted that the market has recovered
some in April 2020 with some federal stimulus packages and the easing of COVID-19 restrictions
and mandates. Through April 29, 2020 the S&P 500 was up 13.81% for the month which is
13.31% below its previous high but significantly better than where it was on March 31, 2020.
Page 114
CITY OF KENAI
INVESTMENT PORTFOLIO SUMMARY
March 31, 2020
Fair Market Current
Value Yield
Cash & Cash Equivalents
Wells Fargo Checking 190,118$ 0.40%
Wells Fargo Secured Money Market 2,722,797 1.44%
FDIC Insured Certificates of Deposit 14,949,050 2.22%
Alaska Municipal League Investment Pool 1,173,960 1.08%
Total Cash & Cash Equivalents 19,035,925 2.02%
Average
Yield
Government Securities
Maturities Less than 1 Year 1,518,790 2.44%
Maturities 1 to 2 Years 500,800 1.50%
Maturities Greater than 2 Years 500,295 2.00%
Total Government Securities 2,519,885 2.17%
Total Portfolio 21,555,810$ 2.04%
Investment Portfolio - Purchase Price 21,375,899$
Investment Portfolio - Fair Value 06/30/19 21,385,651
Fair Value Adjustment - 06/30/19 9,752
Fair Value Adjustment thru - 3/31/2020 171,626
Cummulative Change in Fair Value 181,378$
March 31, 2020
$0
$4,000,000
$8,000,000
$12,000,000
$16,000,000
Liquidity 20%
Minimum
Maturity 1 - 2 years Maturity over 2 years
30% Maximum
Portfolio Liquidity
Policy Minimum/Maximum Actual
Page 115
CITY OF KENAI
Investments 03-31-20 COK
CITY OF KENAI
INVESTMENTS
3/31/2020
Current year cost or Unrealized
Expected Call 06/30/19 03/31/20 Gain Accrued EFFECT.
SECURITY or Maturity CUSIP original cost Market Value Market Value or Loss Interest RATE
FHLB 2.0 10/17/22 Qtrly w/ 5 days 4/17/20 3130AHCZ4 500,000 500,000.00 500,295.00 295.00 4,555.56 2.000
FHLMC 1.70 8/24/20
1 TIME 5/24/18 w/ 5
days 3134GBMD1 1,000,000 997,600.00 1,005,070.00 7,470.00 1,747.22 1.700
FNMA 1.50 5/25/21 11/25/2016 Quarterly
w/10 days.3136G3MW2 502,479 494,930.00 500,800.00 5,870.00 2,625.00 1.500
TVA 3.875 2/15/21 Bullet 880591EL2 555,678 515,870.00 513,720.00 (2,150.00) 2,475.69 3.875
TOTAL 2,558,156.88 2,508,400.00 2,519,885.00 11,485.00 11,403.47 2.269
FDIC Insured CD's CD - 12/31/10
2.45 GMATBK 5/3/21 57803 02007GJR5 245,082 246,109.85 248,153.15 2,043.30 2,483.23 2.450
3.55 AXP 12/4/23 27471 02589AA28 249,998 254,721.60 263,061.40 8,339.80 2,829.70 3.160
1.50 AMERPL 4/26/21 58469 02905LBK0 245,000 245,000.00 245,634.55 634.55 80.55 1.500
2.45 BWW 5/10/22 35141 05580ARK2 245,000 246,325.45 250,532.10 4,206.65 2,351.66 2.450
1.65 BAC 10/23/20 3510 06051VP34 245,000 245,000.00 245,810.95 810.95 764.20 1.650
1.65 BOBIN 12/11/20 33681 06063HJH7 247,000 247,000.00 247,960.83 960.83 1,228.23 1.650
1.75 SECSTB 12/18/24 8941 062163BN9 245,000 245,000.00 247,386.30 2,386.30 164.45 1.750
3.10 BANK MIDWEST CD 9/15/23 5170 063615BM9 245,000 250,130.30 258,465.20 8,334.90 312.12 3.100
1.60 OZK 11/6/20 110 06417NPQ0 247,000 247,000.00 247,780.52 780.52 281.51 1.600
2.45 SONHBT 5/23/22 24540 06426KBB3 245,000 246,332.80 250,625.20 4,292.40 148.01 2.450
2.30 BACR 10/18/22 57203 06740KLD7 245,000 244,605.55 250,473.30 5,867.75 2,562.77 2.300
2.85 BAY ST. SVGS BK 4/6/20 90311 072623AK7 245,000 246,271.55 245,078.40 (1,193.15) 2,238.23 2.850
1.65 BSVBK 4/8/20 57833 07370YS37 247,000 247,000.00 247,037.05 37.05 1,250.56 1.650
1.60 BRKL 2/12/21 17798 11373QHS0 245,000 245,000.00 245,901.60 901.60 204.05 1.600
2.4 COF 4/19/22 33954 1404202E9 247,000 247,995.41 252,206.76 4,211.35 2,679.78 2.400
2.4 COF 8/30/22 4297 14042RHS3 245,000 245,656.60 250,875.10 5,218.50 483.29 2.400
2.60 CENBKK 6/18/20 35450 156444BG5 245,000 245,999.60 245,857.50 (142.10) 244.33 2.600
3.15 CFBANK 9/18/23 28263 15721UCQ0 245,000 250,632.55 258,874.35 8,241.80 296.01 3.150
3.30 C 9/7/23 7213 17312QS34 245,000 252,053.55 259,986.65 7,933.10 553.77 3.300
1.75 CNBMIL 12/9/24 3814 17801GBW8 245,000 245,000.00 247,388.75 2,388.75 270.17 1.750
1.55 CONTUT 3/29/21 57571 211163JT8 245,000 245,000.00 245,735.00 735.00 655.46 1.550
1.65 NCBKPA 3/29/21 34444 23204HHX9 245,000 245,000.00 245,977.55 977.55 55.38 1.650
2.75 DISCOVER BANK 9/21/20 5649 254673TS5 245,000 246,685.60 247,006.55 320.95 239.97 2.750
2.55 CMS 1/18/22 57293 29278TAK6 245,000 246,908.55 250,311.60 3,403.05 273.86 2.550
1.65 ESSA 7/29/21 28262 29667RSB0 245,000 245,000.00 246,183.35 1,183.35 697.75 1.650
2.85 FIBIND 6/30/20 34607 32056GDE7 245,000 246,643.95 246,131.90 (512.05) 19.13 2.850
1.70 FNLC 7/30/21 4256 32117BDW5 245,000 245,000.00 246,349.95 1,349.95 353.74 1.700
2.70 FRC 7/7/20 59017 33616CBR0 245,000 246,308.30 246,127.00 (181.30) 453.08 2.700
3.10 SRCE 10/21/22 9087 33646CKJ2 245,000 250,808.95 255,427.20 4,618.25 228.89 3.100
2.80 FIRST WESTN TR BK 57607 337504AE4 245,000 246,225.00 245,264.60 (960.40) 206.74 2.800
2.35 GS 8/30/22 33124 38148PNS2 245,000 245,281.75 250,583.55 5,301.80 473.22 2.350
1.80 JPM 12/13/21 Quarterly after 6/30/20 628 48128LRG6 247,000 247,000.00 247,422.37 422.37 231.44 1.800
2.30 KENNEB 08/24/20 17897 489265AZ1 245,000 245,333.20 246,254.40 921.20 602.10 2.300
1.85 LIVOAK 12/11/24 58665 538036HF4 245,000 245,000.00 248,496.15 3,496.15 384.95 1.850
1.65 MEDBNK 12/6/21 57449 58404DFV8 247,000 247,000.00 248,363.44 1,363.44 290.31 1.650
1.60 MONONA 10/21/20 33458 610092CU0 245,000 245,021.48 245,737.45 715.97 762.52 1.600
2.60 MS 2/15/22 32992 61747MK83 245,000 247,236.85 250,720.75 3,483.90 802.79 2.600
1.75 MS 12/6/21 34221 61760A3R8 247,000 247,000.00 248,770.99 1,770.99 1,397.41 1.750
2.05 NTLNYC 8/30/22 18734 634116CM7 245,000 243,040.00 248,831.80 5,791.80 27.52 2.050
3.40 NCBSVG 12/21/23 32612 635573AL2 247,234 253,219.75 261,936.85 8,717.10 2,327.84 3.220
2.15 NRTHFL 10/25/22 28710 66612ABX5 245,000 243,390.35 249,576.60 6,186.25 2,294.61 2.150
2.80 ORIENTAL BANK 9/14/20 31469 68621KCC3 245,000 246,805.65 246,986.95 181.30 375.89 2.800
1.65 PARKBT 4/2/20 19008 70153RJU3 247,000 247,000.00 247,009.88 9.88 1,071.91 1.650
1.70 RCKCAN 12/20/23 33542 77183VAD0 245,000 245,000.00 246,896.30 1,896.30 136.93 1.700
1.60 SAFR 1/4/21 26876 78658RBF7 245,000 245,000.00 245,908.95 908.95 1,275.36 1.600
2.80 SALLMA 4/17/24 58177 7954502H7 245,000 246,771.35 257,438.65 10,667.30 3,138.68 2.590
1.65 SMARTB 4/16/20 58463 83172HFJ4 247,000 247,000.00 247,076.57 76.57 212.15 1.650
1.65 SOME 4/30/21 11112 835104BX7 245,000 245,000.00 246,031.45 1,031.45 686.67 1.650
1.75 SOWNAT 5/8/20 4801 845182BA1 245,000 244,105.75 245,205.80 1,100.05 281.92 1.750
2.75 SBIIN 02/16/23 33682 856285HZ7 245,000 247,572.50 254,042.95 6,470.45 830.65 2.750
1.60 10/27/20 1833 856309BR9 245,000 245,000.00 245,749.70 749.70 53.70 1.600
1.65 SNV 12/9/21 873 87164DPS3 245,000 245,000.00 246,352.40 1,352.40 254.73 1.650
2.35 SYF 10/20/22 27314 87164WTC2 245,000 244,980.40 250,786.90 5,806.50 2,583.01 2.350
2.15 EVER 10/28/22 34775 87270LAV5 245,000 243,360.95 249,601.10 6,240.15 2,222.45 2.150
1.7 TCBI 5/11/20 34383 88224PLC1 247,000 247,000.00 247,209.95 209.95 1,288.46 1.700
2.05 THFDSL 10/27/21 30012 88413QBT4 245,000 244,039.60 247,824.85 3,785.25 2,160.36 2.050
3.00 TOWN 9/27/21 35095 89214PCA5 245,000 249,184.60 251,169.10 1,984.50 120.82 3.000
2.80 UBS 9/14/20 57565 90348JDQ0 245,000 246,810.55 246,955.10 144.55 338.30 2.800
3.25 VYSTAR CREDIT UNION 12/11/20 68490 92891CCB6 245,000 248,719.10 248,672.55 (46.55) 21.82 3.250
1.60 ZION 11/25/20 2270 98970LA45 247,087 247,086.62 247,832.39 745.77 1,361.56 1.600
TOTAL FDIC Insured CD's 14,729,400.84 14,790,375.61 14,949,050.25 158,674.64 52,620.70 2.218
WELLS MONEY MKT 2,722,797.12 2,722,797.12 2,722,797.12 1,487.38 1.443
AML POOL - City ACCT Agreed to Amlip 1,173,959.68 1,173,959.68 1,173,959.68 1,421.43 1.080
Agreed to GL 21,184,314.52 21,195,532.41 21,365,692.05 170,159.64 66,932.98
WF Cash Agreed to WF 190,118.45 190,118.45 190,118.45 - - 0.400
TOTAL 21,374,432.97 21,385,650.86 21,555,810.50 170,159.64 66,932.98
MONTHS 181,377.53
TOTAL CURRENT YIELD 2.0353%
Max/Min Return Actual Difference
Maturity over 2 years 30% Maximum 6,466,743.15 2.4449% 6,063,788 402,954.99 OK
Liquidity 20% Minimum 4,311,162.10 1.8558% 11,767,934 (7,456,772.29) OK
Maturity 1 - 2 years 1.9353% 3,724,088
2.0353% 21,555,811
Page 116
CITY OF KENAI
PERMANENT FUND
INVESTMENT PORTFOLIO SUMMARY
March 31, 2020
Current or Current
Average Portfolio Target Portfolio
31-Mar-19 30-Jun-19 30-Sep-19 31-Dec-19 31-Mar-20 Yield Weight Weight Maximum
Fixed Income
Cash & Cash Equivalents 1,545,212 1,431,086 1,560,919 1,687,069 1,643,681 1.79% 6.07%
Total Cash & Cash Equivalents 1,545,212 1,431,086 1,560,919 1,687,069 1,643,681
Government & Corporate Securities
Government Securities 6,821,504 9,265,968 9,099,594 9,439,519 9,104,954 2.04% 33.64%
Corporate Securities 4,570,777 1,984,868 2,007,674 2,026,809 2,644,059 2.68%9.77%
Total Government & Corporate Securities 11,392,281 11,250,836 11,107,268 11,466,328 11,749,013 2.31%43.41%
Total Fixed Income 12,937,493 12,681,922 12,668,187 13,153,397 13,392,694 2.29% 49.48% 45.00% 65.00%
Equities
Domestic Equities
Large-Cap Index 5,751,108 5,619,537 5,704,808 6,005,088 5,188,021 19.17% 20.00% 25.00%
Small-Cap Index 1,323,301 1,385,556 1,445,878 1,557,514 1,179,713 4.36% 5.00% 10.00%
Mid-Cap Index 2,807,855 2,818,713 2,885,890 2,986,448 2,412,532 8.91%10.00%15.00%
Total Domestic Equities 9,882,264 9,823,806 10,036,576 10,549,050 8,780,266 32.44% 35.00% 50.00%
International Equities
Europe Pacific ETF 2,845,695 2,800,691 2,908,363 2,963,145 2,514,175 9.29% 10.00% 15.00%
Vanguard Emerging Market ETF 1,449,173 1,432,090 1,432,364 1,570,867 1,182,533 4.37%5.00%10.00%
Total International Equities 4,294,868 4,232,781 4,340,727 4,534,012 3,696,708 13.66%15.00% 25.00%
Real Estate
Vanguard REIT ETF 1,443,620 546,130 585,455 576,946 456,116 1.69%2.00%7.00%
Total Real Estate 1,443,620 546,130 585,455 576,946 456,116 1.69%2.00%7.00%
Infrastructure
Flexshares Stoxx Global Broad Infrastucture - 847,875 860,178 895,755 739,971 2.73%3.00%8.00%
Total Infrastructure - 847,875 860,178 895,755 739,971 2.73%3.00%8.00%
Total Equities 15,620,752 15,450,592 15,822,936 16,555,763 13,673,061
Total Portfolio 28,558,245 28,132,514 28,491,123 29,709,160 27,065,755 -11.86%100.00%100.00%155.00%
Total ALSPF Balance 25,251,842 24,731,368 25,046,623 26,117,403 23,018,774
Total GLSPF Balance 3,158,393 3,248,893 3,290,307 3,430,972 3,023,913
Total Kenai Community Foundation 148,011 152,252 154,193 160,785 141,709
Total Kenai Senior Connection - - - - 881,359
Fair Market Value
0.00%
25.00%
50.00%
75.00%
Fixed Income Large-Cap Index Small-Cap Index Mid-Cap Index Europe Pacific ETF Vanguard Emerging
Market ETF
Vanguard REIT ETF
Portfolio Composition
Current Portfolio Weight Target Portfolio Weight Maximum Portfolio Weight
Current Month Current Quarter Year to Date Last 1 Year Inception to Date
Portfolio -8.40% -11.86% -11.86% -4.27% 6.86%
Benchmark -8.40% -12.43% -12.43% -4.57% 6.95%
-5.00%
0.00%
5.00%
10.00%
15.00%
Portfolio Performance
Page 117
$15,000,000
$17,000,000
$19,000,000
$21,000,000
$23,000,000
$25,000,000
$27,000,000 Total ALSPF Balance
Transfer of $1,195,313
to Airport Operations.
Transfer of $1,147,714
to Airport Operations.
Transfer of $1,184,356
to Airport Operations.
Transfer of $1,210,348
to Airport Operations.
$‐
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
$3,000,000
$3,500,000
$4,000,000 Total GLSPF Balance
Transfer of $1,158,473
to Airport Operations.
Transfer of $154,172 to
General Fund Operations.
Transfer of $153,493 to
General Fund Operations.
$‐
$20,000
$40,000
$60,000
$80,000
$100,000
$120,000
$140,000
$160,000
$180,000
Total Kenai Community Foundation Balance
$50,000 investment.
Initial investment of
$66,143.
Transfer of $149,802 to
General Fund Operations.
Transfer of $1,203,690
to Airport Operations.
Transfer of $161,561 to
General Fund Operations.
$‐
$200,000
$400,000
$600,000
$800,000
$1,000,000
Total Kenai Senior Connection Balance
Initial investment.
Page 118
Clients are encouraged to compare this report with the official statement from their custodian.INVESTMENT PERFORMANCECurrentMonthCurrentQuarterYear toDateLatest 1YearInception toDatePortfolio-8.40 -11.86 -11.86 -4.27 6.86Benchmark-8.80 -12.43 -12.43 -4.57 6.95-15.00-10.00-5.000.005.0010.00Percent Total Return (Gross)Performance is Annualized for Periods Greater than One YearCurrent Account Benchmark:Equity BlendPORTFOLIO COMPOSITIONFixed Income50%US Lg Cap19%US Md Cap9%US Sm Cap4%Int'l9%Emer Mkts4%Real Estate5%MANAGEMENT TEAMClient Relationship Manager: Amber Frizzell, AIF®Amber@apcm.netYour Portfolio Manager: Bill Lierman, CFA®Contact Phone Number: 907/272 -7575ACCOUNT ACTIVITYPortfolio Value on 02-29-20 29,547,931Contributions 0Withdrawals -438Change in Market Value -2,562,618Interest 29,167Dividends 51,714Portfolio Value on 03-31-20 27,065,756CITY OF KENAI PERMANENT FUNDSAccount Statement - Period Ending March 31, 2020Page 119
Alaska Permanent Capital Management Co.
PORTFOLIO SUMMARY AND TARGET
CITY OF KENAI PERMANENT FUNDS
March 31, 2020
%
Asset Class & Target Market Value Assets Range
FIXED INCOME (45%)
US Fixed Income (40.0%) 11,757,872 43.4 35% to 65%
Cash (5.0%) 1,661,254 6.1 0% to 10%
Subtotal: 13,419,126 49.6
EQUITY (50%)
US Large Cap (20.0%) 5,161,590 19.1 15% to 25%
US Mid Cap (10.0%) 2,412,532 8.9 5% to 15%
US Small Cap (5.0%) 1,179,713 4.4 0% to 10%
Developed International Equity (10.0%) 2,514,175 9.3 5% to 15%
Emerging Markets (5.0%) 1,182,533 4.4 0% to 10%
Subtotal: 12,450,543 46.0
ALTERNATIVE INVESTMENTS (5%)
Real Estate (2.0%) 456,116 1.7 0% to 5%
Infrastructure (3.0%) 739,971 2.7 0% to 6%
Subtotal: 1,196,088 4.4
TOTAL PORTFOLIO 27,065,756 100
Page 120
Alaska Permanent Capital Management Co.PORTFOLIO APPRAISALCITY OF KENAI PERMANENT FUNDSMarch 31, 2020YieldAverage Total Market Pct. Annual Accrued toQuantity Security Cost Average Cost Price Value Assets Income Interest MaturityFNMA & FHLMC15,375 FHLMC POOL G14203 104.56 16,076 105.45 16,212 0.06 615 51 1.074.000% Due 04-01-26127,148 FG POOL C91270 105.67 134,359108.87 138,423 0.51 5,722 477 1.134.500% Due 10-01-29122,823 FG POOL J30401 101.30 124,416105.54 129,631 0.48 3,685 307 1.203.000% Due 01-01-30129,210 FG POOL G16255 99.70 128,826104.06 134,453 0.50 3,230 269 1.362.500% Due 07-01-32126,489 FNCL POOL 995373 106.72 134,987109.40 138,375 0.51 5,692 474 2.114.500% Due 02-01-39361,953 FN POOL AJ1405 104.48 378,184 108.10 391,260 1.45 14,478 1,207 1.374.000% Due 09-01-41165,769 FN POOL AT2324 100.20 166,106105.77 175,331 0.65 4,973 83 1.803.000% Due 01-01-43230,989 FG POOL V80057 100.23 231,531106.16 245,220 0.91 6,930 577 1.893.000% Due 05-01-43150,670 FN POOL AL3180 100.20 150,976105.77 159,362 0.59 4,520 377 1.823.000% Due 05-01-43275,682 FG POOL G08722 102.09 281,432106.59 293,841 1.09 9,649 804 1.203.500% Due 09-01-4695,101 FN AS8483 102.95 97,909 105.41 100,244 0.37 2,853 238 1.573.000% Due 12-01-46102,320 FN POOL BD2453 99.89 102,208105.61 108,060 0.40 3,070 256 1.853.000% Due 01-01-47523,410 FN POOL AS8810 102.04 534,082 106.01 554,856 2.05 18,319 1,527 1.003.500% Due 02-01-47184,988 FN POOL MA2930 103.56 191,578107.21 198,328 0.73 7,400 617 1.304.000% Due 03-01-47130,016 FG G61893 101.14 131,499 105.48 137,137 0.51 3,900 325 1.463.000% Due 07-01-4795,971 FN MA3276 105.75 101,490 105.56 101,311 0.37 3,359 280 0.843.500% Due 02-01-48177,165 FN MA3305 103.02 182,507 105.56 187,018 0.69 6,201 517 0.983.500% Due 03-01-4868,713 FN POOL MA3638 103.09 70,839 106.54 73,207 0.27 2,749 229 0.944.000% Due 04-01-4997,341 FR RA1343 104.69 101,904 105.08 102,284 0.38 2,920 243 1.303.000% Due 09-01-4997,743 FN MA3834 101.90 99,598 104.80 102,438 0.38 2,932 244 1.003.000% Due 11-01-4998,465 FN MA3871 101.91 100,342 104.78 103,176 0.38 2,954 246 1.023.000% Due 12-01-4998,419 FR QA5517 102.31 100,695 105.25 103,587 0.38 2,953 246 1.113.000% Due 12-01-49Page 121
Alaska Permanent Capital Management Co.PORTFOLIO APPRAISALCITY OF KENAI PERMANENT FUNDSMarch 31, 2020YieldAverage Total Market Pct. Annual Accrued toQuantity Security Cost Average Cost Price Value Assets Income Interest Maturity99,694 FN MA3960 102.31 102,000 104.86 104,537 0.39 2,991 249 1.113.000% Due 03-01-50Accrued Interest9,843 0.043,663,546 3,808,136 14.07 9,843CORPORATE BONDS100,000 ABBVIE INC 101.31 101,307 101.09 101,090 0.37 2,900 1,168 2.462.900% Due 11-06-22100,000 GOLDMAN SACHS GROUP INC 101.98101,985 102.62 102,622 0.38 3,625 695 2.653.625% Due 01-22-2375,000 STARBUCKS CORP 98.54 73,902 101.83 76,370 0.28 2,325 194 2.443.100% Due 03-01-23100,000 AVALONBAY COMMUNITIES 100.82 100,816 98.87 98,875 0.37 2,850 127 3.252.850% Due 03-15-23100,000 AFLAC INC 104.97 104,975 99.8299,817 0.37 3,625 1,067 3.683.625% Due 06-15-23200,000 BANK OF NEW YORK MELLON 97.83195,666 100.44 200,890 0.74 4,400 550 2.062.200% Due 08-16-23200,000 JPMORGAN CHASE & CO 105.18 210,362 107.09 214,190 0.79 7,750 1,292 1.943.875% Due 02-01-24100,000 MORGAN STANLEY IND FINANCIAL SRV103.71 103,711 105.06 105,0580.39 3,875 1,636 2.563.875% Due 04-29-24100,000 WELLS FARGO & COMPANY 99.8899,882 104.12 104,119 0.38 3,300 202 2.323.300% Due 09-09-24150,000 KIMCO REALTY CORP 94.92 142,377 97.92 146,881 0.54 4,950 825 3.773.300% Due 02-01-25150,000 REYNOLDS AMERICAN INC108.47 162,700 100.60 150,8950.56 6,675 2,021 4.324.450% Due 06-12-25150,000 CITIGROUP INC 101.65 152,470 103.26 154,890 0.57 5,550 1,218 3.083.700% Due 01-12-26100,000 KROGER CO 99.82 99,820 101.47 101,466 0.37 2,650 1,222 2.412.650% Due 10-15-26100,000 GENERAL DYNAMICS CORP106.12 106,120 107.62 107,618 0.40 3,500 58 2.313.500% Due 04-01-27100,000 ENBRIDGE INC 101.13 101,135 94.92 94,916 0.35 3,700 781 4.523.700% Due 07-15-27100,000 ANHEUSER-BUSCH INBEV WORLDWIDE114.31 114,309 105.43 105,4300.39 4,000 1,867 3.234.000% Due 04-13-28100,000 INTEL CORP 105.62 105,622 102.42 102,420 0.38 2,450 885 2.172.450% Due 11-15-29100,000 AT&T INC 119.32 119,320 128.21 128,213 0.47 6,375 531 4.316.375% Due 03-01-41100,000 HOME DEPOT INC 115.63 115,627123.60 123,602 0.46 4,875 623 3.424.875% Due 02-15-44100,000 CARDINAL HEALTH 111.47 111,470102.21 102,214 0.38 4,900 218 4.754.900% Due 09-15-45Page 122
Alaska Permanent Capital Management Co.PORTFOLIO APPRAISALCITY OF KENAI PERMANENT FUNDSMarch 31, 2020YieldAverage Total Market Pct. Annual Accrued toQuantity Security Cost Average Cost Price Value Assets Income Interest Maturity100,000 BANK OF AMERICA CORP 106.31 106,308 117.76 117,764 0.44 4,443 876 3.444.443% Due 01-20-48100,000 Sysco Corporation 120.54 120,536 95.18 95,184 0.35 4,450 198 4.764.450% Due 03-15-48Accrued Interest18,253 0.072,650,421 2,652,778 9.80 18,253DOMESTIC LARGE CAP EQUITY FUNDS/ETF3,350 FLEXSHARES QUAL DIV ETF 40.58 135,935 35.96 120,466 0.45 NA1,505 ISHARES EDGE MSCI USA QUALITY FACTOR ETF 101.40 152,607 81.04 121,965 0.45 NA19,085 SPDR S&P 500 ETF 185.51 3,540,431 257.75 4,919,159 18.17 NA3,828,972 5,161,590 19.07DOMESTIC MID CAP EQUITY FUNDS/ETF16,770 ISHARES CORE S&P MIDCAP 400 ETF 89.17 1,495,411 143.86 2,412,532 8.91 NADOMESTIC SMALL CAP EQUITY FUNDS/ETF21,025 ISHARES S&P SMALLCAP 600 INDEX ETF 39.83 837,519 56.11 1,179,713 4.36 NAINTERNATIONAL EQUITY FUNDS/ETF20,080 ISHARES ETF CORE MSCI EAFE 55.58 1,115,985 49.89 1,001,791 3.70 NA28,290 ISHARES MSCI EAFE INDEX FUND 63.36 1,792,521 53.46 1,512,383 5.59 NA2,908,506 2,514,175 9.29EMERGING MARKET FUNDS/ETF29,220 ISHARES ETF CORE MSCI EMERGING MKTS 42.36 1,237,704 40.47 1,182,533 4.37 NAREAL ESTATE & INFRASTRUCTURE17,125 FLEXSHAR STX GLOBAL BROAD INF ETF 49.61 849,64643.21 739,971 2.73 NA7,065 JPMORGAN BETABUILDERS MSCI US REIT ETF 77.47 547,326 64.56 456,116 1.69 NA1,396,972 1,196,088 4.42U.S. TREASURY 235,000 US TREASURY NOTES 99.34 233,439102.50 240,884 0.89 4,994 1,262 0.122.125% Due 06-30-21240,000 US TREASURY NOTES 99.18 238,021 101.27 243,055 0.90 2,700 452 0.171.125% Due 07-31-21200,000 US TREASURY NOTES 100.66 201,312 102.55 205,110 0.76 4,000 348 0.192.000% Due 08-31-2150,000 US TREASURY NOTES 99.80 49,898 101.95 50,974 0.19 750 2 0.201.500% Due 09-30-21340,000 US TREASURY NOTES 100.66 342,258102.82 349,588 1.29 6,800 2,858 0.212.000% Due 10-31-21Page 123
Alaska Permanent Capital Management Co.PORTFOLIO APPRAISALCITY OF KENAI PERMANENT FUNDSMarch 31, 2020YieldAverage Total Market Pct. Annual Accrued toQuantity Security Cost Average Cost Price Value Assets Income Interest Maturity40,000 US TREASURY NOTES 101.31 40,524 103.11 41,244 0.15 800 202 0.222.000% Due 12-31-21150,000 US TREASURY NOTES 100.09 150,129 103.03 154,552 0.57 2,812 471 0.221.875% Due 01-31-22325,000 US TREASURY NOTES 97.12 315,644104.30 338,991 1.25 6,906 1,746 0.212.125% Due 06-30-22280,000 US TREASURY NOTES 99.72 279,213 106.80 299,043 1.10 7,350 639 0.282.625% Due 02-28-23150,000 US TREASURY NOTES 99.41 149,109104.69 157,036 0.58 2,437 1,025 0.311.625% Due 10-31-23425,000 US TREASURY NOTES 101.53 431,507108.74 462,136 1.71 10,094 1,276 0.362.375% Due 08-15-2475,000 US TREASURY NOTES 99.71 74,780 112.09 84,064 0.31 2,062 521 0.422.750% Due 06-30-25210,000 US TREASURY NOTES 99.75 209,482 111.71 234,593 0.87 5,250 457 0.492.500% Due 02-28-26200,000 US TREASURY NOTES 95.63 191,269106.72 213,446 0.79 3,250 1,232 0.511.625% Due 05-15-26250,000 US TREASURY NOTES 95.26 238,145109.52 273,800 1.01 5,000 1,896 0.542.000% Due 11-15-26300,000 US TREASURY NOTES 102.38 307,141120.72 362,169 1.34 9,375 3,554 0.653.125% Due 11-15-28240,000 US TREASURY NOTES 101.74 244,179 116.88 280,519 1.04 6,300 796 0.662.625% Due 02-15-29325,000 US TREASURY NOTES 127.11 413,113150.09 487,792 1.80 12,594 1,592 1.123.875% Due 08-15-4055,000 US TREASURY NOTES 117.36 64,546 136.97 75,333 0.28 1,719 217 1.263.125% Due 02-15-43525,000 US TREASURY NOTES 102.98 540,653136.45 716,357 2.65 15,094 5,722 1.362.875% Due 05-15-49Accrued Interest26,268 0.104,714,362 5,296,958 19.57 26,268CASH AND EQUIVALENTSDIVIDEND ACCRUAL 26,432 26,432 0.10WF ADV GOVT MM FD-INSTL #1751 1,634,823 1,634,823 6.041,661,254 1,661,254 6.14TOTAL PORTFOLIO 24,394,668 27,065,756 100 325,549 54,364
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Alaska Permanent Capital Management Co.TRANSACTION SUMMARY CITY OF KENAI PERMANENT FUNDSFrom 03-01-20 To 03-31-20Trade Settle TradeDate Date Security Quantity AmountPURCHASESCORPORATE BONDS03-03-20 03-05-20 ANHEUSER-BUSCH INBEV WORLDWIDE100,000 114,309.004.000% Due 04-13-2803-03-20 03-05-20 INTEL CORP 100,000 105,622.002.450% Due 11-15-2903-19-20 03-23-20 STARBUCKS CORP 75,000 73,902.003.100% Due 03-01-2303-26-20 03-30-20 KROGER CO 100,000 99,820.002.650% Due 10-15-2603-26-20 03-30-20 GENERAL DYNAMICS CORP100,000 106,120.003.500% Due 04-01-27499,773.00DOMESTIC LARGE CAP EQUITY FUNDS/ETF03-05-20 03-09-20 SPDR S&P 500 ETF 790.0000 241,207.2203-27-20 03-31-20 FLEXSHARES QUAL DIV ETF140.0000 5,014.8003-27-20 03-31-20 SPDR S&P 500 ETF 280.0000 71,570.52317,792.54DOMESTIC MID CAP EQUITY FUNDS/ETF03-05-20 03-09-20 ISHARES CORE S&P MIDCAP 400 ETF955.0000 175,984.5403-27-20 03-31-20 ISHARES CORE S&P MIDCAP 400 ETF865.0000 123,612.91299,597.45DOMESTIC SMALL CAP EQUITY FUNDS/ETF03-05-20 03-09-20 ISHARES S&P SMALLCAP 600 INDEX ETF580.0000 42,450.20
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Alaska Permanent Capital Management Co.TRANSACTION SUMMARY CITY OF KENAI PERMANENT FUNDSFrom 03-01-20 To 03-31-20Trade Settle TradeDate Date Security Quantity Amount03-27-20 03-31-20 ISHARES S&P SMALLCAP 600 INDEX ETF1,870.0000 103,966.95146,417.15FNMA & FHLMC03-20-20 03-24-20 FN MA3960 99,694.18 101,999.613.000% Due 03-01-5003-20-20 03-24-20 FR QA5517 98,419.16 100,695.103.000% Due 12-01-4903-24-20 03-26-20 FR RA1343 97,340.77 101,903.623.000% Due 09-01-4903-24-20 03-26-20 FN MA3276 95,971.29 101,489.643.500% Due 02-01-48406,087.97INTERNATIONAL EQUITY FUNDS/ETF03-05-20 03-09-20 ISHARES MSCI EAFE INDEX FUND1,275.0000 80,407.7503-05-20 03-09-20 ISHARES ETF CORE MSCI EAFE895.0000 52,957.15133,364.901,803,033.01DEPOSITS AND EXPENSESMANAGEMENT FEES03-31-20 03-31-20 MANAGEMENT FEES 3,922.153,922.15DividendDOMESTIC LARGE CAP EQUITY FUNDS/ETF03-20-20 04-30-20 SPDR S&P 500 ETF 26,431.5403-26-20 03-26-20 FLEXSHARES QUAL DIV ETF845.74Page 126
Alaska Permanent Capital Management Co.TRANSACTION SUMMARY CITY OF KENAI PERMANENT FUNDSFrom 03-01-20 To 03-31-20Trade Settle TradeDate Date Security Quantity Amount03-31-20 03-31-20 ISHARES EDGE MSCI USA QUALITY FACTOR ETF617.5727,894.85DOMESTIC MID CAP EQUITY FUNDS/ETF03-31-20 03-31-20 ISHARES CORE S&P MIDCAP 400 ETF12,738.28DOMESTIC SMALL CAP EQUITY FUNDS/ETF03-31-20 03-31-20 ISHARES S&P SMALLCAP 600 INDEX ETF4,824.49REAL ESTATE & INFRASTRUCTURE03-26-20 03-26-20 FLEXSHAR STX GLOBAL BROAD INF ETF3,742.6503-27-20 03-27-20 JPMORGAN BETABUILDERS MSCI US REIT ETF2,513.806,256.4551,714.07InterestCASH AND EQUIVALENTS03-02-20 03-02-20 WF ADV GOVT MM FD-INSTL #17511,935.36CORPORATE BONDS03-02-20 03-02-20 AT&T INC 3,187.506.375% Due 03-01-4103-09-20 03-09-20 WELLS FARGO & COMPANY1,650.003.300% Due 09-09-2403-16-20 03-16-20 AVALONBAY COMMUNITIES1,425.002.850% Due 03-15-23Page 127
Alaska Permanent Capital Management Co.TRANSACTION SUMMARY CITY OF KENAI PERMANENT FUNDSFrom 03-01-20 To 03-31-20Trade Settle TradeDate Date Security Quantity Amount03-16-20 03-16-20 CARDINAL HEALTH 2,450.004.900% Due 09-15-4503-16-20 03-16-20 Sysco Corporation 2,225.004.450% Due 03-15-4810,937.50FNMA & FHLMC03-16-20 03-16-20 FHLMC POOL G14203 52.664.000% Due 04-01-2603-16-20 03-16-20 FG POOL G16255 272.732.500% Due 07-01-3203-16-20 03-16-20 FG POOL G08722 819.913.500% Due 09-01-4603-16-20 03-16-20 FG POOL C91270 485.864.500% Due 10-01-2903-16-20 03-16-20 FG POOL J30401 316.013.000% Due 01-01-3003-16-20 03-16-20 FG POOL V80057 580.863.000% Due 05-01-4303-16-20 03-16-20 FG G61893 328.723.000% Due 07-01-4703-25-20 03-25-20 FN POOL AJ1405 1,219.514.000% Due 09-01-4103-25-20 03-25-20 FN POOL AT2324 418.983.000% Due 01-01-4303-25-20 03-25-20 FN AS8483 240.413.000% Due 12-01-4603-25-20 03-25-20 FN POOL AS8810 1,562.823.500% Due 02-01-4703-25-20 03-25-20 FN POOL AL3180 383.263.000% Due 05-01-4303-25-20 03-25-20 FN POOL BD2453 258.023.000% Due 01-01-4703-25-20 03-25-20 FNCL POOL 995373 477.814.500% Due 02-01-39Page 128
Alaska Permanent Capital Management Co.TRANSACTION SUMMARY CITY OF KENAI PERMANENT FUNDSFrom 03-01-20 To 03-31-20Trade Settle TradeDate Date Security Quantity Amount03-25-20 03-25-20 FN POOL MA2930 636.374.000% Due 03-01-4703-25-20 03-25-20 FN MA3305 527.343.500% Due 03-01-4803-25-20 03-25-20 FN POOL MA3638 239.904.000% Due 04-01-4903-25-20 03-25-20 FN MA3834 246.113.000% Due 11-01-4903-25-20 03-25-20 FN MA3871 247.303.000% Due 12-01-499,314.58U.S. TREASURY 03-31-20 03-31-20 US TREASURY NOTES 375.001.500% Due 09-30-2122,562.44PRINCIPAL PAYDOWNSFNMA & FHLMC03-15-20 03-16-20 FHLMC POOL G14203 422.44 422.444.000% Due 04-01-2603-15-20 03-16-20 FG POOL G16255 1,699.58 1,699.582.500% Due 07-01-3203-15-20 03-16-20 FG POOL G08722 5,430.86 5,430.863.500% Due 09-01-4603-15-20 03-16-20 FG POOL C91270 2,416.16 2,416.164.500% Due 10-01-2903-15-20 03-16-20 FG POOL J30401 3,581.36 3,581.363.000% Due 01-01-3003-15-20 03-16-20 FG POOL V80057 1,353.61 1,353.613.000% Due 05-01-4303-15-20 03-16-20 FG G61893 1,470.28 1,470.283.000% Due 07-01-4703-25-20 03-25-20 FN POOL AJ1405 3,900.71 3,900.714.000% Due 09-01-41Page 129
Alaska Permanent Capital Management Co.TRANSACTION SUMMARY CITY OF KENAI PERMANENT FUNDSFrom 03-01-20 To 03-31-20Trade Settle TradeDate Date Security Quantity Amount03-25-20 03-25-20 FN POOL AT2324 1,822.78 1,822.783.000% Due 01-01-4303-25-20 03-25-20 FN AS8483 1,063.01 1,063.013.000% Due 12-01-4603-25-20 03-25-20 FN POOL AS8810 12,414.04 12,414.043.500% Due 02-01-4703-25-20 03-25-20 FN POOL AL3180 2,633.20 2,633.203.000% Due 05-01-4303-25-20 03-25-20 FN POOL BD2453 889.53 889.533.000% Due 01-01-4703-25-20 03-25-20 FNCL POOL 995373 926.88 926.884.500% Due 02-01-3903-25-20 03-25-20 FN POOL MA2930 5,924.11 5,924.114.000% Due 03-01-4703-25-20 03-25-20 FN MA3305 3,636.28 3,636.283.500% Due 03-01-4803-25-20 03-25-20 FN POOL MA3638 3,257.27 3,257.274.000% Due 04-01-4903-25-20 03-25-20 FN MA3834 700.87 700.873.000% Due 11-01-4903-25-20 03-25-20 FN MA3871 456.76 456.763.000% Due 12-01-4953,999.7353,999.73Purchased Accrued InterestCORPORATE BONDS03-03-20 03-05-20 ANHEUSER-BUSCH INBEV WORLDWIDE1,577.784.000% Due 04-13-2803-03-20 03-05-20 INTEL CORP 707.782.450% Due 11-15-2903-19-20 03-23-20 STARBUCKS CORP 142.083.100% Due 03-01-2303-26-20 03-30-20 KROGER CO 1,214.582.650% Due 10-15-26Page 130
Alaska Permanent Capital Management Co.TRANSACTION SUMMARY CITY OF KENAI PERMANENT FUNDSFrom 03-01-20 To 03-31-20Trade Settle TradeDate Date Security Quantity Amount03-26-20 03-30-20 GENERAL DYNAMICS CORP48.613.500% Due 04-01-273,690.83FNMA & FHLMC03-20-20 03-24-20 FN MA3960 191.083.000% Due 03-01-5003-20-20 03-24-20 FR QA5517 188.643.000% Due 12-01-4903-24-20 03-26-20 FR RA1343 202.793.000% Due 09-01-4903-24-20 03-26-20 FN MA3276 233.263.500% Due 02-01-48815.774,506.60SALES, MATURITIES, AND CALLSU.S. TREASURY 03-03-20 03-05-20 US TREASURY NOTES 200,000 229,078.132.625% Due 02-15-2903-05-20 03-06-20 US TREASURY NOTES 170,000 259,462.504.375% Due 11-15-3903-05-20 03-06-20 US TREASURY NOTES 130,000 133,250.002.000% Due 12-31-2103-20-20 03-23-20 US TREASURY NOTES 70,000 74,284.772.625% Due 02-28-2303-20-20 03-23-20 US TREASURY NOTES 45,000 64,717.383.875% Due 08-15-4003-20-20 03-23-20 US TREASURY NOTES 55,000 62,865.432.625% Due 02-15-2903-20-20 03-23-20 US TREASURY NOTES 75,000 83,220.702.750% Due 06-30-2503-24-20 03-25-20 US TREASURY NOTES 100,000 102,644.531.875% Due 01-31-22Page 131
Alaska Permanent Capital Management Co.TRANSACTION SUMMARY CITY OF KENAI PERMANENT FUNDSFrom 03-01-20 To 03-31-20Trade Settle TradeDate Date Security Quantity Amount03-24-20 03-25-20 US TREASURY NOTES 100,000 115,324.222.625% Due 02-15-2903-26-20 03-27-20 US TREASURY NOTES 200,000 203,710.941.500% Due 09-30-2103-27-20 03-30-20 US TREASURY NOTES 340,000 344,077.341.125% Due 07-31-211,672,635.941,672,635.94Sold Accrued InterestU.S. TREASURY 03-03-20 03-05-20 US TREASURY NOTES 274.042.625% Due 02-15-2903-05-20 03-06-20 US TREASURY NOTES 2,288.464.375% Due 11-15-3903-05-20 03-06-20 US TREASURY NOTES 471.432.000% Due 12-31-2103-20-20 03-23-20 US TREASURY NOTES 114.842.625% Due 02-28-2303-20-20 03-23-20 US TREASURY NOTES 177.253.875% Due 08-15-4003-20-20 03-23-20 US TREASURY NOTES 146.752.625% Due 02-15-2903-20-20 03-23-20 US TREASURY NOTES 470.302.750% Due 06-30-2503-24-20 03-25-20 US TREASURY NOTES 278.161.875% Due 01-31-2203-24-20 03-25-20 US TREASURY NOTES 281.252.625% Due 02-15-2903-26-20 03-27-20 US TREASURY NOTES 1,467.211.500% Due 09-30-2103-27-20 03-30-20 US TREASURY NOTES 619.991.125% Due 07-31-216,589.686,589.68Page 132
Alaska Permanent Capital Management Co.TRANSACTION SUMMARY CITY OF KENAI PERMANENT FUNDSFrom 03-01-20 To 03-31-20Trade Settle TradeDate Date Security Quantity AmountWithdrawCASH AND EQUIVALENTS03-02-20 03-02-20 CASH RECEIVABLE 4,593.7503-02-20 03-02-20 CASH RECEIVABLE 2,625.0003-02-20 03-02-20 CASH RECEIVABLE 2,000.0003-20-20 03-20-20 WF ADV GOVT MM FD-INSTL #1751437.959,656.709,656.70Page 133
Alaska Permanent Capital Management Co.REALIZED GAINS AND LOSSESCITY OF KENAI PERMANENT FUNDSFrom 03-01-20 Through 03-31-20Avg. CostDate Quantity Security Basis Proceeds Gain Or Loss03-03-20 200,000 US TREASURY NOTES 203,482.54 229,078.13 25,595.592.625% Due 02-15-2903-05-20 170,000 US TREASURY NOTES 219,089.84 259,462.50 40,372.664.375% Due 11-15-3903-05-20 130,000 US TREASURY NOTES 131,703.35 133,250.00 1,546.652.000% Due 12-31-2103-15-20 422.44 FHLMC POOL G14203 441.71 422.44 -19.274.000% Due 04-01-2603-15-20 1,699.58 FG POOL G16255 1,694.53 1,699.58 5.052.500% Due 07-01-3203-15-20 5,430.86 FG POOL G08722 5,544.14 5,430.86 -113.283.500% Due 09-01-4603-15-20 2,416.16 FG POOL C91270 2,553.20 2,416.16 -137.044.500% Due 10-01-2903-15-20 3,581.36 FG POOL J30401 3,627.81 3,581.36 -46.453.000% Due 01-01-3003-15-20 1,353.61 FG POOL V80057 1,356.78 1,353.61 -3.173.000% Due 05-01-4303-15-20 1,470.28 FG G61893 1,487.05 1,470.28 -16.773.000% Due 07-01-4703-20-20 70,000 US TREASURY NOTES 69,803.13 74,284.77 4,481.642.625% Due 02-28-2303-20-20 45,000 US TREASURY NOTES 57,200.31 64,717.38 7,517.073.875% Due 08-15-4003-20-20 55,000 US TREASURY NOTES 55,957.70 62,865.43 6,907.732.625% Due 02-15-2903-20-20 75,000 US TREASURY NOTES 74,780.27 83,220.70 8,440.422.750% Due 06-30-2503-24-20 100,000 US TREASURY NOTES 100,085.94 102,644.53 2,558.591.875% Due 01-31-2203-24-20 100,000 US TREASURY NOTES 101,741.27 115,324.22 13,582.952.625% Due 02-15-2903-25-20 3,900.71 FN POOL AJ1405 4,075.63 3,900.71 -174.924.000% Due 09-01-4103-25-20 1,822.78 FN POOL AT2324 1,826.48 1,822.78 -3.703.000% Due 01-01-43Page 134
Alaska Permanent Capital Management Co.REALIZED GAINS AND LOSSESCITY OF KENAI PERMANENT FUNDSFrom 03-01-20 Through 03-31-20Avg. CostDate Quantity Security Basis Proceeds Gain Or Loss03-25-20 1,063.01 FN AS8483 1,094.40 1,063.01 -31.393.000% Due 12-01-4603-25-20 12,414.04 FN POOL AS8810 12,667.17 12,414.04 -253.133.500% Due 02-01-4703-25-20 2,633.20 FN POOL AL3180 2,638.55 2,633.20 -5.353.000% Due 05-01-4303-25-20 889.53 FN POOL BD2453 888.56 889.53 0.973.000% Due 01-01-4703-25-20 926.88 FNCL POOL 995373 989.16 926.88 -62.284.500% Due 02-01-3903-25-20 5,924.11 FN POOL MA2930 6,135.16 5,924.11 -211.054.000% Due 03-01-4703-25-20 3,636.28 FN MA3305 3,745.94 3,636.28 -109.663.500% Due 03-01-4803-25-20 3,257.27 FN POOL MA3638 3,358.04 3,257.27 -100.774.000% Due 04-01-4903-25-20 700.87 FN MA3834 714.18 700.87 -13.313.000% Due 11-01-4903-25-20 456.76 FN MA3871 465.47 456.76 -8.713.000% Due 12-01-4903-26-20 200,000 US TREASURY NOTES 199,593.75 203,710.94 4,117.191.500% Due 09-30-2103-27-20 340,000 US TREASURY NOTES 337,196.17 344,077.34 6,881.171.125% Due 07-31-21TOTAL GAINS 122,007.69TOTAL LOSSES -1,310.251,605,938.23 1,726,635.67 120,697.44
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Alaska Permanent Capital Management Co.CASH LEDGERCITY OF KENAI PERMANENT FUNDSFrom 03-01-20 To 03-31-20Trade Settle TranDate Date Code Activity Security AmountCASH RECEIVABLE03-01-20 Beginning Balance 9,218.7503-02-20 03-02-20 wd Transfer to WF ADV GOVT MM FD-INSTL #1751-4,593.7503-02-20 03-02-20 wd Transfer to WF ADV GOVT MM FD-INSTL #1751-2,625.0003-02-20 03-02-20 wd Transfer to WF ADV GOVT MM FD-INSTL #1751-2,000.0003-31-20 Ending Balance 0.00WF ADV GOVT MM FD-INSTL #175103-01-20 Beginning Balance 1,652,511.1503-02-20 03-02-20 dp Interest AT&T INC 3,187.506.375% Due 03-01-4103-02-20 03-02-20 dp Interest WF ADV GOVT MM FD-INSTL #17511,935.3603-02-20 03-02-20 dp Transfer from CASH RECEIVABLE 4,593.7503-02-20 03-02-20 dp Transfer from CASH RECEIVABLE 2,625.0003-02-20 03-02-20 dp Transfer from CASH RECEIVABLE 2,000.0003-03-20 03-05-20 wd Purchase ANHEUSER-BUSCH INBEV WORLDWIDE-114,309.004.000% Due 04-13-2803-03-20 03-05-20 wd Accrued Interest ANHEUSER-BUSCH INBEV WORLDWIDE-1,577.784.000% Due 04-13-2803-03-20 03-05-20 wd Purchase INTEL CORP -105,622.002.450% Due 11-15-2903-03-20 03-05-20 wd Accrued Interest INTEL CORP -707.782.450% Due 11-15-2903-03-20 03-05-20 dp Sale US TREASURY NOTES 229,078.132.625% Due 02-15-29Page 136
Alaska Permanent Capital Management Co.CASH LEDGERCITY OF KENAI PERMANENT FUNDSFrom 03-01-20 To 03-31-20Trade Settle TranDate Date Code Activity Security Amount03-03-20 03-05-20 dp Accrued Interest US TREASURY NOTES 274.042.625% Due 02-15-2903-05-20 03-09-20 wd Purchase SPDR S&P 500 ETF -241,207.2203-05-20 03-09-20 wd Purchase ISHARES MSCI EAFE INDEX FUND-80,407.7503-05-20 03-09-20 wd Purchase ISHARES CORE S&P MIDCAP 400 ETF-175,984.5403-05-20 03-09-20 wd Purchase ISHARES S&P SMALLCAP 600 INDEX ETF-42,450.2003-05-20 03-09-20 wd Purchase ISHARES ETF CORE MSCI EAFE -52,957.1503-05-20 03-06-20 dp Sale US TREASURY NOTES 259,462.504.375% Due 11-15-3903-05-20 03-06-20 dp Accrued Interest US TREASURY NOTES 2,288.464.375% Due 11-15-3903-05-20 03-06-20 dp Sale US TREASURY NOTES 133,250.002.000% Due 12-31-2103-05-20 03-06-20 dp Accrued Interest US TREASURY NOTES 471.432.000% Due 12-31-2103-09-20 03-09-20 dp Interest WELLS FARGO & COMPANY 1,650.003.300% Due 09-09-2403-15-20 03-16-20 dp Paydown FHLMC POOL G14203 422.444.000% Due 04-01-2603-15-20 03-16-20 dp Paydown FG POOL G16255 1,699.582.500% Due 07-01-3203-15-20 03-16-20 dp Paydown FG POOL G08722 5,430.863.500% Due 09-01-4603-15-20 03-16-20 dp Paydown FG POOL C91270 2,416.164.500% Due 10-01-2903-15-20 03-16-20 dp Paydown FG POOL J30401 3,581.363.000% Due 01-01-30Page 137
Alaska Permanent Capital Management Co.CASH LEDGERCITY OF KENAI PERMANENT FUNDSFrom 03-01-20 To 03-31-20Trade Settle TranDate Date Code Activity Security Amount03-15-20 03-16-20 dp Paydown FG POOL V80057 1,353.613.000% Due 05-01-4303-15-20 03-16-20 dp Paydown FG G61893 1,470.283.000% Due 07-01-4703-16-20 03-16-20 dp Interest AVALONBAY COMMUNITIES 1,425.002.850% Due 03-15-2303-16-20 03-16-20 dp Interest CARDINAL HEALTH 2,450.004.900% Due 09-15-4503-16-20 03-16-20 dp Interest Sysco Corporation 2,225.004.450% Due 03-15-4803-16-20 03-16-20 dp Interest FHLMC POOL G14203 52.664.000% Due 04-01-2603-16-20 03-16-20 dp Interest FG POOL G16255 272.732.500% Due 07-01-3203-16-20 03-16-20 dp Interest FG POOL G08722 819.913.500% Due 09-01-4603-16-20 03-16-20 dp Interest FG POOL C91270 485.864.500% Due 10-01-2903-16-20 03-16-20 dp Interest FG POOL J30401 316.013.000% Due 01-01-3003-16-20 03-16-20 dp Interest FG POOL V80057 580.863.000% Due 05-01-4303-16-20 03-16-20 dp Interest FG G61893 328.723.000% Due 07-01-4703-19-20 03-23-20 wd Purchase STARBUCKS CORP -73,902.003.100% Due 03-01-2303-19-20 03-23-20 wd Accrued Interest STARBUCKS CORP -142.083.100% Due 03-01-2303-20-20 03-23-20 dp Sale US TREASURY NOTES 74,284.772.625% Due 02-28-23Page 138
Alaska Permanent Capital Management Co.CASH LEDGERCITY OF KENAI PERMANENT FUNDSFrom 03-01-20 To 03-31-20Trade Settle TranDate Date Code Activity Security Amount03-20-20 03-23-20 dp Accrued Interest US TREASURY NOTES 114.842.625% Due 02-28-2303-20-20 03-24-20 wd Purchase FN MA3960 -101,999.613.000% Due 03-01-5003-20-20 03-24-20 wd Accrued Interest FN MA3960 -191.083.000% Due 03-01-5003-20-20 03-24-20 wd Purchase FR QA5517 -100,695.103.000% Due 12-01-4903-20-20 03-24-20 wd Accrued Interest FR QA5517 -188.643.000% Due 12-01-4903-20-20 03-23-20 dp Sale US TREASURY NOTES 64,717.383.875% Due 08-15-4003-20-20 03-23-20 dp Accrued Interest US TREASURY NOTES 177.253.875% Due 08-15-4003-20-20 03-23-20 dp Sale US TREASURY NOTES 62,865.432.625% Due 02-15-2903-20-20 03-23-20 dp Accrued Interest US TREASURY NOTES 146.752.625% Due 02-15-2903-20-20 03-23-20 dp Sale US TREASURY NOTES 83,220.702.750% Due 06-30-2503-20-20 03-23-20 dp Accrued Interest US TREASURY NOTES 470.302.750% Due 06-30-2503-20-20 03-20-20 wd Withdrawal from Portfolio -437.9503-24-20 03-26-20 wd Purchase FR RA1343 -101,903.623.000% Due 09-01-4903-24-20 03-26-20 wd Accrued Interest FR RA1343 -202.793.000% Due 09-01-4903-24-20 03-26-20 wd Purchase FN MA3276 -101,489.643.500% Due 02-01-4803-24-20 03-26-20 wd Accrued Interest FN MA3276 -233.263.500% Due 02-01-48Page 139
Alaska Permanent Capital Management Co.CASH LEDGERCITY OF KENAI PERMANENT FUNDSFrom 03-01-20 To 03-31-20Trade Settle TranDate Date Code Activity Security Amount03-24-20 03-25-20 dp Sale US TREASURY NOTES 102,644.531.875% Due 01-31-2203-24-20 03-25-20 dp Accrued Interest US TREASURY NOTES 278.161.875% Due 01-31-2203-24-20 03-25-20 dp Sale US TREASURY NOTES 115,324.222.625% Due 02-15-2903-24-20 03-25-20 dp Accrued Interest US TREASURY NOTES 281.252.625% Due 02-15-2903-25-20 03-25-20 dp Interest FN POOL AJ1405 1,219.514.000% Due 09-01-4103-25-20 03-25-20 dp Paydown FN POOL AJ1405 3,900.714.000% Due 09-01-4103-25-20 03-25-20 dp Paydown FN POOL AT2324 1,822.783.000% Due 01-01-4303-25-20 03-25-20 dp Interest FN POOL AT2324 418.983.000% Due 01-01-4303-25-20 03-25-20 dp Interest FN AS8483 240.413.000% Due 12-01-4603-25-20 03-25-20 dp Paydown FN AS8483 1,063.013.000% Due 12-01-4603-25-20 03-25-20 dp Paydown FN POOL AS8810 12,414.043.500% Due 02-01-4703-25-20 03-25-20 dp Interest FN POOL AS8810 1,562.823.500% Due 02-01-4703-25-20 03-25-20 dp Interest FN POOL AL3180 383.263.000% Due 05-01-4303-25-20 03-25-20 dp Paydown FN POOL AL3180 2,633.203.000% Due 05-01-4303-25-20 03-25-20 dp Paydown FN POOL BD2453 889.533.000% Due 01-01-47Page 140
Alaska Permanent Capital Management Co.CASH LEDGERCITY OF KENAI PERMANENT FUNDSFrom 03-01-20 To 03-31-20Trade Settle TranDate Date Code Activity Security Amount03-25-20 03-25-20 dp Interest FN POOL BD2453 258.023.000% Due 01-01-4703-25-20 03-25-20 dp Interest FNCL POOL 995373 477.814.500% Due 02-01-3903-25-20 03-25-20 dp Paydown FNCL POOL 995373 926.884.500% Due 02-01-3903-25-20 03-25-20 dp Paydown FN POOL MA2930 5,924.114.000% Due 03-01-4703-25-20 03-25-20 dp Interest FN POOL MA2930 636.374.000% Due 03-01-4703-25-20 03-25-20 dp Interest FN MA3305 527.343.500% Due 03-01-4803-25-20 03-25-20 dp Paydown FN MA3305 3,636.283.500% Due 03-01-4803-25-20 03-25-20 dp Interest FN POOL MA3638 239.904.000% Due 04-01-4903-25-20 03-25-20 dp Paydown FN POOL MA3638 3,257.274.000% Due 04-01-4903-25-20 03-25-20 dp Paydown FN MA3834 700.873.000% Due 11-01-4903-25-20 03-25-20 dp Interest FN MA3834 246.113.000% Due 11-01-4903-25-20 03-25-20 dp Interest FN MA3871 247.303.000% Due 12-01-4903-25-20 03-25-20 dp Paydown FN MA3871 456.763.000% Due 12-01-4903-26-20 03-30-20 wd Purchase KROGER CO -99,820.002.650% Due 10-15-2603-26-20 03-30-20 wd Accrued Interest KROGER CO -1,214.582.650% Due 10-15-26Page 141
Alaska Permanent Capital Management Co.CASH LEDGERCITY OF KENAI PERMANENT FUNDSFrom 03-01-20 To 03-31-20Trade Settle TranDate Date Code Activity Security Amount03-26-20 03-30-20 wd Purchase GENERAL DYNAMICS CORP -106,120.003.500% Due 04-01-2703-26-20 03-30-20 wd Accrued Interest GENERAL DYNAMICS CORP -48.613.500% Due 04-01-2703-26-20 03-27-20 dp Sale US TREASURY NOTES 203,710.941.500% Due 09-30-2103-26-20 03-27-20 dp Accrued Interest US TREASURY NOTES 1,467.211.500% Due 09-30-2103-26-20 03-26-20 dp Dividend FLEXSHAR STX GLOBAL BROAD INF ETF3,742.6503-26-20 03-26-20 dp Dividend FLEXSHARES QUAL DIV ETF 845.7403-27-20 03-31-20 wd Purchase ISHARES CORE S&P MIDCAP 400 ETF-123,612.9103-27-20 03-31-20 wd Purchase FLEXSHARES QUAL DIV ETF -5,014.8003-27-20 03-31-20 wd Purchase SPDR S&P 500 ETF -71,570.5203-27-20 03-31-20 wd Purchase ISHARES S&P SMALLCAP 600 INDEX ETF-103,966.9503-27-20 03-30-20 dp Sale US TREASURY NOTES 344,077.341.125% Due 07-31-2103-27-20 03-30-20 dp Accrued Interest US TREASURY NOTES 619.991.125% Due 07-31-2103-27-20 03-27-20 dp Dividend JPMORGAN BETABUILDERS MSCI US REIT ETF2,513.8003-31-20 03-31-20 dp Dividend ISHARES CORE S&P MIDCAP 400 ETF12,738.2803-31-20 03-31-20 dp Dividend ISHARES S&P SMALLCAP 600 INDEX ETF4,824.4903-31-20 03-31-20 dp Dividend ISHARES EDGE MSCI USA QUALITY FACTOR ETF617.57Page 142
Alaska Permanent Capital Management Co.CASH LEDGERCITY OF KENAI PERMANENT FUNDSFrom 03-01-20 To 03-31-20Trade Settle TranDate Date Code Activity Security Amount03-31-20 03-31-20 dp Interest US TREASURY NOTES 375.001.500% Due 09-30-2103-31-20 Ending Balance 1,634,822.66DIVIDEND ACCRUAL03-01-20 Beginning Balance 0.0003-20-20 04-30-20 dp Dividend SPDR S&P 500 ETF 26,431.5403-31-20 Ending Balance 26,431.54
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Alaska Permanent Capital Management Co.PORTFOLIO APPRAISAL sort by CUSIPCITY OF KENAI PERMANENT FUNDSMarch 31, 2020Unit Total Market Accrued AnnualCusip9 Original Face Quantity Security Cost Cost Price Value Interest IncomeFNMA & FHLMC3128MC3L7 256,397.0000 15,374.8500 FHLMC POOL G14203104.562501 16,076.33 105.4470016,212.32 51.25 614.993128MFE46 190,000.0000 129,209.9500 FG POOL G16255 99.703123 128,826.36 104.05800 134,453.29 269.19 3,230.253128MJYU8 477,000.0000 275,681.7000 FG POOL G08722 102.085937 281,432.25 106.58700 293,840.85 804.07 9,648.863128P7MT7 2,000,000.0000 127,147.8000 FG POOL C91270 105.671877 134,359.47 108.86800 138,423.27 476.80 5,721.6531307LNS3 301,000.0000 122,823.1900 FG POOL J30401 101.296875 124,416.05 105.54300 129,631.28 307.06 3,684.703132L5B28 450,000.0000 230,989.2300 FG POOL V80057 100.234376 231,530.61 106.16100 245,220.48 577.47 6,929.6831335CC69 150,000.0000 130,016.1600 FG G61893 101.140626 131,499.16 105.47700 137,137.15 325.04 3,900.483133A0DW1 100,000.0000 98,419.1600 FR QA5517 102.312497 100,695.10 105.25100 103,587.15 246.05 2,952.573133KGP44 100,000.0000 97,340.7700 FR RA1343 104.687501 101,903.62 105.07800 102,283.73 243.35 2,920.223138ASR38 1,500,000.0000 361,952.6700 FN POOL AJ1405 104.484375 378,183.98 108.09700 391,259.98 1,206.51 14,478.113138EKRA5 374,582.0000 165,769.4300 FN POOL AT2324 100.203126 166,106.15 105.76800 175,331.01 82.88 4,973.083138WJM96 125,000.0000 95,101.0000 FN AS8483 102.953126 97,909.45 105.40800 100,244.06 237.75 2,853.033138WJYG7 783,285.0000 523,409.8100 FN POOL AS8810 102.039062534,082.46 106.00800 554,856.27 1,526.61 18,319.343138WPSN5 335,507.0000 150,669.6400 FN POOL AL3180 100.203125 150,975.69 105.76900 159,361.77 376.67 4,520.093140F9WP6 139,000.0000 102,319.6500 FN POOL BD2453 99.890625 102,207.74 105.61000 108,059.78 255.80 3,069.5931416BXA1 4,000,000.0000 126,488.8400 FNCL POOL 995373 106.718781 134,987.35 109.39700 138,375.00 474.33 5,692.0031418CHG2 148,000.0000 184,988.1400 FN POOL MA2930 103.562500 191,578.34 107.21100 198,327.63 616.63 7,399.5331418CU77 225,000.0000 177,164.5600 FN MA3305 103.015627 182,507.18 105.56200 187,018.45 516.73 6,200.7631418CUA0 125,000.0000 95,971.2900 FN MA3276 105.750001 101,489.64 105.56400 101,311.13 279.92 3,359.0031418DBG6 101,000.0000 68,713.3200 FN POOL MA3638 103.093756 70,839.14 106.54000 73,207.17 229.04 2,748.5331418DHL9 100,000.0000 97,742.5500 FN MA3834 101.898438 99,598.13 104.80400 102,438.10 244.36 2,932.2831418DJR4 100,000.0000 98,465.1400 FN MA3871 101.906254 100,342.14 104.78400 103,175.71 246.16 2,953.9531418DMJ8 100,000.0000 99,694.1800 FN MA3960 102.312502 101,999.61 104.85800 104,537.32 249.24 2,990.83Accrued I9,842.923,663,545.95 3,808,135.84 9,842.92 122,093.52CORPORATE BONDS001055AL6 100,000.0000 100,000.0000 AFLAC INC 104.975000 104,975.00 99.81700 99,817.00 1,067.36 3,625.0000206RDG4 100,000.0000 100,000.0000 AT&T INC 119.320000119,320.00 128.21300 128,213.00 531.25 6,375.0000287YAL3 100,000.0000 100,000.0000 ABBVIE INC 101.307000101,307.00 101.09000 101,090.00 1,168.06 2,900.00035240AL4 100,000.0000 100,000.0000 ANHEUSER-BUSCH INBEV WORLDWIDE114.309000 114,309.00 105.43000 105,430.00 1,866.67 4,000.0005348EAR0 100,000.0000 100,000.0000 AVALONBAY COMMUNITIES 100.816000 100,816.00 98.87500 98,875.00 126.67 2,850.0006051GGG8100,000.0000 100,000.0000 BANK OF AMERICA CORP 106.308000 106,308.00 117.76400 117,764.00 876.26 4,443.0006406FAD5 200,000.0000 200,000.0000 BANK OF NEW YORK MELLON 97.833000 195,666.00 100.44500 200,890.00 550.00 4,400.0014149YBD9 100,000.0000 100,000.0000 CARDINAL HEALTH 111.470000 111,470.00 102.21400 102,214.00 217.78 4,900.00172967KG5 150,000.0000 150,000.0000 CITIGROUP INC 101.647000 152,470.50 103.26000 154,890.00 1,217.92 5,550.0029250NAR6 100,000.0000 100,000.0000 ENBRIDGE INC101.135000 101,135.00 94.91600 94,916.00 781.11 3,700.00369550BL1 100,000.0000 100,000.0000 GENERAL DYNAMICS CORP106.120000 106,120.00 107.61800 107,618.00 58.33 3,500.0038141GRD8 100,000.0000 100,000.0000 GOLDMAN SACHS GROUP INC 101.985000 101,985.00 102.62200 102,622.00 694.79 3,625.00437076BD3 100,000.0000 100,000.0000 HOME DEPOT INC 115.627000 115,627.00 123.60200 123,602.00 622.92 4,875.00458140BH2 100,000.0000 100,000.0000 INTEL CORP 105.622000105,622.00 102.42000 102,420.00 884.72 2,450.0046625HJT8 200,000.0000 200,000.0000 JPMORGAN CHASE & CO105.181000 210,362.00 107.09500 214,190.00 1,291.67 7,750.0049446RAU3 150,000.0000 150,000.0000 KIMCO REALTY CORP94.918000 142,377.00 97.92100 146,881.50 825.00 4,950.00501044DE8 100,000.0000 100,000.0000 KROGER CO 99.820000 99,820.00 101.46600 101,466.00 1,221.94 2,650.0061746BDQ6 100,000.0000 100,000.0000 MORGAN STANLEY IND FINANCIAL S103.711000 103,711.00 105.05800 105,058.00 1,636.11 3,875.00761713BG0 150,000.0000 150,000.0000 REYNOLDS AMERICAN INC108.467000 162,700.50 100.59700 150,895.50 2,021.04 6,675.00
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Alaska Permanent Capital Management Co.PORTFOLIO APPRAISAL sort by CUSIPCITY OF KENAI PERMANENT FUNDSMarch 31, 2020Unit Total Market Accrued AnnualCusip9 Original Face Quantity Security Cost Cost Price Value Interest Income855244AN9 75,000.0000 75,000.0000 STARBUCKS CORP 98.53600073,902.00 101.82700 76,370.25 193.75 2,325.00871829BH9 100,000.0000 100,000.0000 Sysco Corporation 120.536000 120,536.00 95.18400 95,184.00 197.78 4,450.0094974BGA2 100,000.0000 100,000.0000 WELLS FARGO & COMPANY 99.882000 99,882.00 104.11900 104,119.00 201.67 3,300.00Accrued I18,252.792,650,421.00 2,652,778.04 18,252.79 93,168.00DOMESTIC LARGE CAP EQUITY FUNDS/ETF33939L860 3,350.0000 3,350.0000 FLEXSHARES QUAL DIV ETF 40.577600 135,934.96 35.96000 120,466.00 0.0046432F339 1,505.0000 1,505.0000 ISHARES EDGE MSCI USA QUALITY 101.399900 152,606.85 81.04000121,965.20 0.0078462F103 19,085.0000 19,085.0000 SPDR S&P 500 ETF 185.508545 3,540,430.57 257.75000 4,919,158.75 0.003,828,972.38 5,161,589.95 0.00DOMESTIC MID CAP EQUITY FUNDS/ETF464287507 16,770.0000 16,770.0000 ISHARES CORE S&P MIDCAP 400 ET89.171815 1,495,411.34143.86000 2,412,532.20 0.00DOMESTIC SMALL CAP EQUITY FUNDS/ETF464287804 21,025.0000 21,025.0000 ISHARES S&P SMALLCAP 600 INDEX39.834450 837,519.31 56.11000 1,179,712.75 0.00INTERNATIONAL EQUITY FUNDS/ETF464287465 28,290.0000 28,290.0000 ISHARES MSCI EAFE INDEX FUND 63.362347 1,792,520.80 53.46000 1,512,383.40 0.0046432F842 20,080.0000 20,080.0000 ISHARES ETF CORE MSCI EAFE 55.576938 1,115,984.91 49.89000 1,001,791.20 0.002,908,505.71 2,514,174.60 0.00EMERGING MARKET FUNDS/ETF46434G103 29,220.0000 29,220.0000 ISHARES ETF CORE MSCI EMERGING42.358113 1,237,704.0540.47000 1,182,533.40 0.00REAL ESTATE & INFRASTRUCTURE33939L795 17,125.0000 17,125.0000 FLEXSHAR STX GLOBAL BROAD INF 49.614380 849,646.25 43.21000739,971.25 0.0046641Q738 7,065.0000 7,065.0000 JPMORGAN BETABUILDERS MSCI US 77.470004 547,325.58 64.56000456,116.40 0.001,396,971.83 1,196,087.65 0.00U.S. TREASURY 912810QK7 325,000.0000 325,000.0000 US TREASURY NOTES 127.111805 413,113.37 150.09000 487,792.50 1,591.52 12,593.75912810QZ4 55,000.0000 55,000.0000 US TREASURY NOTES 117.355473 64,545.51 136.96900 75,332.95 217.20 1,718.75912810SH2 525,000.0000 525,000.0000 US TREASURY NOTES 102.981445 540,652.59 136.44900 716,357.25 5,722.36 15,093.759128284A5 280,000.0000 280,000.0000 US TREASURY NOTES 99.718751 279,212.50 106.80100 299,042.80 639.13 7,350.009128285M8 300,000.0000 300,000.0000 US TREASURY NOTES 102.380210 307,140.63 120.72300 362,169.00 3,554.26 9,375.009128286B1 240,000.0000 240,000.0000 US TREASURY NOTES 101.741271 244,179.05 116.88300 280,519.20 796.15 6,300.009128286F2 210,000.0000 210,000.0000 US TREASURY NOTES 99.753551 209,482.46 111.71100 234,593.10 456.52 5,250.00912828D56 425,000.0000 425,000.0000 US TREASURY NOTES 101.531020 431,506.83 108.73800 462,136.50 1,275.58 10,093.75912828D72 200,000.0000 200,000.0000 US TREASURY NOTES 100.656250 201,312.50 102.55500 205,110.00 347.83 4,000.00912828F96 340,000.0000 340,000.0000 US TREASURY NOTES 100.664062 342,257.81 102.82000 349,588.00 2,858.24 6,800.00912828R36 200,000.0000 200,000.0000 US TREASURY NOTES 95.634709 191,269.42 106.72300 213,446.00 1,232.14 3,250.00912828S76 240,000.0000 240,000.0000 US TREASURY NOTES 99.175343 238,020.82 101.27300 243,055.20 452.47 2,700.00912828T91 150,000.0000 150,000.0000 US TREASURY NOTES 99.406253 149,109.38 104.69100 157,036.50 1,024.55 2,437.50912828U24 250,000.0000 250,000.0000 US TREASURY NOTES 95.257812 238,144.53 109.52000 273,800.00 1,895.60 5,000.00
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Alaska Permanent Capital Management Co.PORTFOLIO APPRAISAL sort by CUSIPCITY OF KENAI PERMANENT FUNDSMarch 31, 2020Unit Total Market Accrued AnnualCusip9 Original Face Quantity Security Cost Cost Price Value Interest Income912828U81 40,000.0000 40,000.0000 US TREASURY NOTES 101.310269 40,524.11 103.10900 41,243.60 202.20 800.00912828V72 150,000.0000 150,000.0000 US TREASURY NOTES 100.085940 150,128.91 103.03500 154,552.50 471.33 2,812.50912828WR7 235,000.0000 235,000.0000 US TREASURY NOTES 99.335939 233,439.46 102.50400 240,884.40 1,262.16 4,993.75912828XG0 325,000.0000 325,000.0000 US TREASURY NOTES 97.121094 315,643.56 104.30500 338,991.25 1,745.54 6,906.25912828XZ8 75,000.0000 75,000.0000 US TREASURY NOTES 99.707033 74,780.27 112.08600 84,064.50 521.29 2,062.50912828YJ3 50,000.0000 50,000.0000 US TREASURY NOTES 99.796876 49,898.44 101.94900 50,974.50 2.05 750.00Accrued I26,268.124,714,362.14 5,296,957.87 26,268.12 110,287.50CASH AND EQUIVALENTSDIVIDEND ACCRUAL 26,431.54 26,431.54 0.00VP4560000 WF ADV GOVT MM FD-INSTL #1751 1,634,822.66 1,634,822.66 0.001,661,254.20 1,661,254.20 0.00TOTAL PORTFOLIO24,394,667.91 27,065,756.49 54,363.83 325,549.02
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PURCHASE ORDERS BETWEEN $2,500.00 AND $15,000.00 FOR COUNCIL REVIEW
COUNCIL MEETING OF: MAY 6, 2020
VENDOR DESCRIPTION DEPT. ACCOUNT AMOUNT
OVERDRIVE ECONTENT LIBRARY BOOKS 4,000.00
MUNICIPAL CODE CORP. WEBSITE HOSTING MAINTENANCE CLERK SOFTWARE 2 ,900.00
HOME DEPOT SUPPLIES -SOUTH BEACH SHACK MUNICIPAL ROADWAY CONSTRUCTION 3 ,551.99
SOUTHCENTRAL COMMUNICATIONS TOWER WIRE REPLACEMENT COMMUNICATIONS REPAIR & MAINTENANCE 4 ,900.00
KENAI FEED & SUPPLY FERTILIZER RECREATION OPERATING SUPPLIES 4,548.00
ALASKA GARDEN & PET SUPPLY FERTILIZER RECREATION OPERATING SUPPLIES 2,560.29
TECH LOGIC CORP. SELF-CHECKOUT LIBRARY SMALL TOOLS 3 ,436 .00
DETROIT HUAFONE TECHNOLOGY INTERCOM KIT MUNICIPAL ROADWAY CONSTRUCTION 3,540 .00
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Due to the Covid-19 virus, we were unable to gather in Kenai for our annual meeting on April 3rd.
Like everyone, we’re learning to adjust to this new reality. Beginning March 16th, CIRCAC staff
began working from the home. The safety and health of our staff and council members is our top
priority, and so council business is being conducted remotely via teleconference for the foreseeable
future while we continue reviewing options for video conferencing.
Though brief, we were still able to complete important work at the annual meeting, including board
elections and appointments. We’re happy to welcome Mr. Scott Arndt to the Council, who will be
representing the Kodiak Island Borough. And Dr. John Morton is a welcome addition to the
Environmental Monitoring Committee.
Our outreach campaign regarding the Department of Environmental Conservation’s proposed
changes to spill response regulations also continues. The public comment period closed in March.
We are analyzing those comments which, by a heavy majority, called on the state to leave current
regulations intact or expand on them. Staying engaged in this process remains one of our top goals
in 2020.
We are nearing completion of an assessment of Cook Inlet pipeline infrastructure, working in
partnership with ADEC and several local, state and federal entities. We brought together a panel of
experts from a variety of fields to analyze the 300-plus miles of land and subsea pipelines within the
Cook Inlet basin. Now in the third phase, the panel is working on proposals for specific, practical
risk reduction measures with measurable outcomes. Recommendations from the panel will create
the framework to address any potential concerns that could compromise the integrity of critical
infrastructure.
A complete board packet is available online at: https://www.circac.org/who-we-are/council-
meetings-minutes/
We are looking forward to our next board meeting in Seldovia on August 28th, contingent on any
public health or travel mandates in effect at that time. Please stay safe and healthy as we all look
forward to a quick end to the current public health emergency.
Update from the Board of Directors
Cook Inlet Regional Citizens Advisory Council
John Williams, President, representing the City of Kenai
Page 148
MAY 6 , 2020
CITY COUNCIL MEETING
ADDITIONAL MATERIAL/REVISIONS
REQUESTED REVISIONS TO THE AGENDA/PACKET:
ACTION ITEM REQUESTED BY
Add to item D.6. Resolution No. 2020-21 City Clerk
• Supplemental Information Memo
MEMORANDUM
TO: Mayor Brian Gabriel and Kenai City Council
FROM: Jamie Heinz, City Clerk
DATE: May 6, 2020
SUBJECT: Resolution No. 2020-21 Software Add-on – Additional Information
I apologize for not providing a more thorough analysis on the ability to recoup the costs of the
forms portal and its annual maintenance fee.
After looking at some “low hanging fruit” this morning I’ve compiled the following:
Based on 2019 data for 6 types of forms (Conditional Use Permit Application, Variance Permit
Application, Preliminary Plat Applications, Home Occupation Permits, Building Permits, and Burn
Permits) we would save approximately 52 hours of time or $1,639 annually between
Administrative Assistants, the City Planner, and the Building Inspector in manually transferring
data from an application form to spreadsheets, databases, memos, legislation, and inspection
forms. This does not take into account the automation of emailing correspondence regarding
receipt of applications, emailing completed inspection reports to the owner and/or builder, or
emailing finalized permits.
The example above is based on data for 6 types of forms. Additional processes not reviewed
above include public record requests, mobile food vendor permits, travel authorizations,
passenger vehicle for hire permits, land leasing, liquor license processing, marijuana license
processing, and some human resource processes; this list is also not exhaustive of processes
city-wide.
Your consideration is appreciated.
Kenai City Council - Regular Meeting Page 1 of 4
May 06, 2020
Kenai City Council - Regular Meeting
May 06, 2020 ꟷ 6:00 PM
Kenai City Council Chambers
210 Fidalgo Avenue, Kenai, Alaska
*Telephonic/Virtual Information on Page 4*
www.kenai.city
Action Agenda
A. CALL TO ORDER
1. Pledge of Allegiance
2. Roll Call
3. Agenda Approval
4. Consent Agenda (Public comment limited to three (3) minutes) per speaker;
thirty (30) minutes aggregated)
*All items listed with an asterisk (*) are considered to be routine and non-controversial by the
council and will be approved by one motion. There will be no separate discussion of these items
unless a council member so requests, in which case the item will be removed from the consent
agenda and considered in its normal sequence on the agenda as part of the General Orders.
B. SCHEDULED PUBLIC COMMENTS
(Public comment limited to ten (10) minutes per speaker)
C. UNSCHEDULED PUBLIC COMMENTS
(Public comment limited to three (3) minutes per speaker; thirty (30) minutes aggregated)
D. PUBLIC HEARINGS
1. POSTPONED TO 05/20/2020. Ordinance No. 3117-2020 - Appropriating Funds in the
Airport Fund, Accepting a Grant From the Federal Aviation Administration and Appropriating
Funds in the Airport Equipment Capital Project Fund for the Purchase of Snow Removal
Equipment (SRE) – Loader With Attachments. (Administration)
2. ENACTED UNANIMOUSLY. Ordinance No. 3118-2020 - Increasing Estimated Revenues
and Appropriations by $1,287.44 in the General Fund – Police Department for State Traffic
Grant Overtime Expenditures. (Administration)
3. ENACTED UNANIMOUSLY. Ordinance No. 3119-2020 - Increasing General Fund
Estimated Revenues and Appropriations by $26,542 in the General Fund Parks, Recreation
and Beautification Department for an Increase of a Grant from the United States
Environmental Protection Agency Passed Through the State of Alaska Department of
Environmental Conservation for Bacteria Level Monitoring on the City’s Beaches from
March 1, 2020 Through June 30, 2020. (Administration)
Kenai City Council - Regular Meeting Page 2 of 4
May 06, 2020
4. ENACTED UNANIMOUSLY. Ordinance No. 3123-2020 - Accepting and Appropriating
Funds in the Airport Fund, and Accepting a Grant From the Federal Aviation Administration
for a CARES Act Grant. (Administration)
1. Motion for Introduction
2. Motion for Second Reading (Requires a Unanimous Vote)
3. Motion for Adoption (Requires Five Affirmative Votes)
5. ENACTED UNANIMOUSLY. Ordinance No. 3126-2020 - Accepting and Appropriating
Federal CARES Act Funding Passed Through the State of Alaska for Expenditures in
Response to the COVID-19 Pandemic, Waiving the $5,000 Limitation in KMC 7.25.020 (A)
on These Funds to Allow the City Manager to Allocate the Funds to the Proper Account as
Needs Arise and Declaring an Emergency. (Administration)
1. Motion for Introduction
2. Motion for Second Reading (Requires a Unanimous Vote)
3. Motion for Adoption (Requires Five Affirmative Votes)
6. ADOPTED UNANIMOUSLY. Resolution No. 2020-21 - Authorizing a Budget Transfer in
the General Fund City Clerk Department for a Software Add-On. (City Clerk)
7. ADOPTED UNANIMOUSLY. Resolution No. 2020-22 - Authorizing the City of Kenai to
Issue General Obligation Refunding Bonds in the Principal Amount of Not to Exceed the
Sum of $1,250,000 to Refund Certain Outstanding General Obligation Bonds of the City,
Fixing Certain Details of Such Bonds and Authorizing Their Sale. (Administration)
8. ADOPTED UNANIMOUSLY. Resolution No. 2020-23 - Approving an Exception to the
Collections Policy for Delinquent Ambulance Bills to Eliminate Out of Pocket Collection for
COVID-19 Treatment/Transport to Comply with Federal Funding Requirements. (Legal)
9. ADOPTED UNANIMOUSLY. Resolution No. 2020-24 - Selecting the Successful Firm for
the Professional Environmental / Civil Engineering & Construction Administration Services
for Kenai Municipal Water, Sewer and Wastewater Capital Improvement Projects Request
for Proposals. (Administration)
E. MINUTES
1. APPROVED BY THE CONSENT AGENDA. *Regular Meeting of April 15, 2020. (City
Clerk)
2. APPROVED BY THE CONSENT AGENDA. *Special Meeting of April 16, 2020. (City
Clerk)
3. APPROVED BY THE CONSENT AGENDA. *Work Session Summary of April 25, 2020.
(City Clerk)
F. UNFINISHED BUSINESS
G. NEW BUSINESS
1. APPROVED BY THE CONSENT AGENDA. *Action/Approval - Bills to be Ratified.
(Administration)
Kenai City Council - Regular Meeting Page 3 of 4
May 06, 2020
2. APPROVED BY THE CONSENT AGENDA. *Action/Approval - Purchase Orders Over
$15,000. (Administration)
3. INTRODUCED BY THE CONSENT AGENDA; PUBLIC HEARING SET FOR 05/20/2020.
*Ordinance No. 3120-2020 - Accepting $26,545.90 in Asset Forfeiture Sharing Funds and
Appropriating those Funds into the Police Machinery & Equipment and Small Tools
Accounts for the Purpose of Purchasing Law Enforcement Equipment. (Administration)
4. INTRODUCED BY THE CONSENT AGENDA; PUBLIC HEARING SET FOR 05/20/2020.
*Ordinance No. 3121-2020 - Adopting the Annual Budget for the Fiscal Year Commencing
July 1, 2020 and Ending June 30, 2021, Amending the Salary Schedule in Kenai Municipal
Code Chapter 23.55- Pay Plan and Amending Employee Classifications in Kenai Municipal
Code Chapter 23.50. (Administration)
5. INTRODUCED BY THE CONSENT AGENDA; PUBLIC HEARING SET FOR 05/20/2020.
*Ordinance No. 3122-2020 - Accepting and Appropriating a Volunteer Fire Assistance
(VFA) Grant From the United States Department of Agriculture Forest Service Passed
Through the State of Alaska Division of Forestry for the Purchase of Forestry Firefighting
Equipment. (Administration)
6. INTRODUCED BY THE CONSENT AGENDA; PUBLIC HEARING SET FOR 05/20/2020.
*Ordinance No. 3124-2020 - Accepting and Appropriating a Meals on Wheels COVID-19
Response Fund Grant From Meals on Wheels America for Kenai Senior Center
Expenditures in Support of COVID-19 Pandemic Response. (Administration)
7. INTRODUCED BY THE CONSENT AGENDA; PUBLIC HEARING SET FOR 05/20/2020.
*Ordinance No. 3125-2020 - Accepting and Appropriating Additional Nutrition,
Transportation and Support Services Grant Funds From the United States Department of
Health and Human Services Passed Through the State of Alaska Department of Health and
Social Services for Kenai Senior Center Expenditures in Support of COVID-19 Pandemic
Response. (Administration)
8. Discussion – Election Method. (Mayor Gabriel)
9. Discussion - City Response to COVID-19. (Administration)
H. COMMISSION / COMMITTEE REPORTS
1. Council on Aging
2. Airport Commission
3. Harbor Commission
4. Parks and Recreation Commission
5. Planning and Zoning Commission
6. Beautification Committee
7. Mini-Grant Steering Committee
Kenai City Council - Regular Meeting Page 4 of 4
May 06, 2020
I. REPORT OF THE MAYOR
J. ADMINISTRATION REPORTS
1. City Manager
2. City Attorney
3. City Clerk
K. ADDITIONAL PUBLIC COMMENT
1. Citizens Comments (Public comment limited to five (5) minutes per speaker)
2. Council Comments
L. EXECUTIVE SESSION
M. PENDING ITEMS
N. ADJOURNMENT
O. INFORMATION ITEMS
1. Purchase Orders Between $2,500 and $15,000.
2. Cook Inlet Regional Citizens Advisory Council Board of Directors Update
The agenda and supporting documents are posted on the City’s website at www.kenai.city. Copies of
resolutions and ordinances are available at the City Clerk’s Office or outside the Council Chamber prior
to the meeting. For additional information, please contact the City Clerk’s Office at 907-283-8231.
Join Zoom Meeting: https://us02web.zoom.us/j/82022095414
Meeting ID: 820 2209 5414
Password: 976726
Dial by your location: (253) 215 8782 -or- (301) 715 8592
Meeting ID: 820 2209 5414
Password: 976726
CITY OF KENAI
NOTICE OF ORDINANCES AND RESOLUTIONS
ADOPTED AT THE MAY 6, 2020
KENAI CITY COUNCIL MEETING
NOTICE IS HEREBY GIVEN the City of Kena i Council passed the following Ordinance(s)
and/or Resolution(s) at the above-referenced meeting.
1. POSTPONED TO 0512012020. Ordinance No. 3117-2020 -Appropriating Funds in the
Airport Fund, Accepting a Grant From the Federal Aviation Administration and
Appropriating Funds in the Airport Equipment Capital Project Fund for the Purchase of
Snow Removal Equipment (SRE) -Loader With Attachments. (Administration)
2. ENACTED UNANIMOUSLY. Ordinance No. 3118-2020 -Increasing Estimated
Revenues and Appropriations by $1 ,287.44 in the General Fund -Police Department for
State Traffic Grant Overtime Expenditures . (Administration)
3. ENACTED UNANIMOUSLY. Ordinance No. 3119-2020 -Increasing General Fund
Estimated Revenues and Appropriations by $26 ,542 in the General Fund Parks,
Recreation and Beautification Department for an Increase of a Grant from the United
States Environmental Protection Agency Passed Through the State of Alaska Department
of Environmental Conservation for Bacteria Level Monitoring on the City's Beaches from
March 1, 2020 Through June 30, 2020. (Administration)
4. ENACTED UNANIMOUSLY. Ordinance No. 3123-2020 -Accepting and Appropriating
Funds in the Airport Fund, and Accepting a Grant From the Federal Aviation
Administration for a CARES Act Grant. (Administration)
5. ENACTED UNANIMOUSLY. Ordinance No. 3126 -2020 -Accepting and Appropriating
Federal CARES Act Funding Passed Through the State of Alaska for Expenditures in
Response to the COVID-19 Pandemic, Waiving the $5,000 Limitation in KMC 7 .25.020 (A)
on These Funds to Allow the City Manager to Allocate the Funds to the Proper Account as
Needs Arise and Declaring an Emergency. (Administration)
6. ADOPTED UNANIMOUSLY. Resolution No. 2020-21 -Authorizing a Budget Transfer in
the General Fund City Clerk Department for a Software Add-On. (City Clerk)
7 . ADOPTED UNANIMOUSLY. Resolution No. 2020-22 -Authorizing the City of Kenai to
Issue General Obligation Refunding Bonds in the Principal Amount of Not to Exceed the
Sum of $1,250,000 to Refund Certain Outstanding General Obligation Bonds of the City,
Fixing Certain Details of Such Bonds and Authorizing Their Sale. (Administration)
8. ADOPTED UNANIMOUSLY. Resolution No. 2020-23 -Approving an Exception to the
Collections Policy for Delinquent Ambulance Bills to Eliminate Out of Pocket Collection for
COVID-19 Treatment/Transport to Comply with Federal Funding Requirements . (Legal)
9 . ADOPTED UNANIMOUSLY. Resolution No. 2020-24 -Selecting the Successful Firm
for the Professional Environmental I Civil Engineering & Construction Administration
Services for Kenai Municipal Water, Sewer and Wastewater Capital Improvement Projects
Request for Proposals. (Administration)
Copies of the ordinances and/or resolutions are available in the Office of the Kenai City Clerk.
Please be advised, subject to legal limitations , ordinances and/or resolutions may have been
amended by the Council prior to adoption without further public notice.
ami Heinz, CMC, City Clerk
d : May 7, 2020
NOTICE OF PUBLIC HEARING
MAY 6, 2020
CITY OF KENAI COUNCIL MEETING
NOTICE IS HEREBY GIVEN the City Council of the City of Kenai will conduct a public hearing
on the following Ordinance(s) and/or Resolution(s) on the above-noted meeting date:
1. Ordinance No. 3117-2020 -Appropriating Funds in the Airport Fund, Accepting a
Grant From the Federal Aviation Administration and Appropriating Funds in the
Airport Equipment Capital Project Fund for the Purchase of Snow Removal
Equipment (SRE)-Loader With Attachments. (Administration)
2. Ordinance No. 3118-2020 -Increasing Estimated Revenues and Appropriations
by $1,287.44 in the General Fund -Police Department for State Traffic Grant
Overtime Expenditures. (Administration)
3. Ordinance No. 3119-2020 -Increasing General Fund Estimated Revenues and
Appropriations by $26,542 in the General Fund Parks, Recreation and
Beautification Department for an Increase of a Grant from the United States
Environmental Protection Agency Passed Through the State of Alaska Department
of Environmental Conservation for Bacteria Level Monitoring on the City 's Beaches
from March 1, 2020 Through June 30, 2020. (Administration)
4. Ordinance No. 3123-2020 -Accepting and Appropriating Funds in the Airport
Fund, and Accepting a Grant From the Federal Aviation Administration for a
CARES Act Grant. (Administration)
1. Motion for Introduction
2. Motion for Second Reading (Requires a Unanimous Vote)
3. Motion for Adoption (Requires Five Affirmative Votes)
5. Ordinance No. 3126-2020 -Accepting and Appropriating Federal CARES Act
Funding Passed Through the State of Alaska for Expenditures in Response to the
COVID-19 Pandemic, Waiving the $5 ,000 Limitation in KMC 7 .25 .020 (A) on
These Funds to Allow the City Manager to Allocate the Funds to the Proper
Account as Needs Arise and Declaring an Emergency. (Administration)
1. Motion for Introduction
2. Motion for Second Reading (Requires a Unanimous Vote)
3. Motion for Adoption (Requires Five Affirmative Votes)
6. Resolut ion No. 2020-21 -Authorizing a Budget Transfer in the General Fund City
Clerk Department for a Software Add-On. (City Clerk)
7. Resolution No. 2020-22 -Authorizing the City of Kenai to Issue General
Obligation Refunding Bonds in the Principal Amount of Not to Exceed the Sum of
$1 ,250,000 to Refund Certain Outstanding General Obligation Bonds of the City,
Fixing Certain Details of Su c h Bonds and Authorizing Their Sale . (Adm inistration)
8. Resolution No. 2020-23 -Approv ing an Exception to the Collections Policy for
Delinquent Ambulance Bills to Eliminate Out of Pocket Collection for COVID-19
Treatment/Transport to Comply with Federal Funding Requirements . (Legal)
9. Resolution No . 2020-24 -Selecting the Successful Firm for the Professional
Environmental I Civil Engineering & Construction Administration Servi ces for Kenai
Municipal Water, Sewer and Wastewater Capital Improvement Projects Request
for Proposals . (Administration)
The public hearing will commence at 6:00 p.m ., or as soon thereafter as business permits . All
interested persons are invited to attend the meeting telephonically/virtually and participate in the
public discussion . See the agenda for additional information. Written comments may be sent to
the Kenai City Council, c/o Kenai City Clerk, 210 Fidalgo Avenue , Kenai , AK, 99611 .
Copies of the ordinances and/or resolutions are available in the Office of the Kenai City Clerk
and will be available at the meeting for public review. Please be advised , subject to legal
limitations, ordinances and/or resolutions may be amended by the Council prior to adoption
without further public no ·ce.