HomeMy WebLinkAboutORDINANCE 0662-1981CITY OF KENAI
ORDINANCE NO. 662-81
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA,
INCREASING ESTIMATED REVENUES AND APPROPRIATIONS TN THE CAPITAL
PROTECT FUND ENTITLED "WATER AND SEWER, SECTION 361" IN THE
AMOUNT OF $750,000.
WHEREAS, the City has received a grant in the amount of $874,205
from the State of Alaska Department of Environmental Conservation
for water and sewer improvements along the Spur Road, known as
'Water and Sewer, Section 36," and
WHEREAS, at this time, only $750,000 of these monies are needed
to proceed with the project, and
WHEREAS, the City must match this grant with $750,000 of local
monies, of which State Municipal Grant No. 4-046 in the amount of
$750,000 has been appropriated as matching monies.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF
KENAI, ALASKA, that the following increases in estimated revenues
and appropriations be mades
Caput �rojgcts - "Water and Sewer. Section 36"
Increase Estimated Revenuess
State Grant $7506002
Increase Appropriationss
Construction
Contingency
$578,000
172,000
$75QxQQQ
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this lot day
of April, 1981.
VINCENT OIREILLY,,-MAftf
ATTESTS
et Whelan, City Clerk
First Readings March 18, 1981
Second Readings April 1, 1981
Effective Dates April 1, 1981
f1 Approved by Finances