HomeMy WebLinkAboutORDINANCE 0702-1981CITY OF KENAI.
ORDINANCE NO. 702-81
AN ORDINANCE, OF THE COUNCIL OF THE CITY OF KENAI, ALASKA,
INCRP.Asina ESTIMATED REVENUES AND APPROPRIATIONS IN A NEW CAPITAL
j PROJECT FUND ENTITLED "LAWTON, WALKER, TINKER, AND ROGER, STREFTR
1 CAPITAL PROJECT FUND" IN THE AMOUNT OF $1.,219,824.
WHEREAS, the State of Alaska has offered the City 1981 Municipal
Aid in the amount of $2,313,340 for Capital Improvements, and
WHEREAS, there romains $95,700 of the 1980 Municipal Grant for
Road improvements, and
WHEREAS, the Council do -fires that the above -mentioned project be
financed by such grants, and
WHEREAS, the State of Alaska, D.E.C., has stated that they will
finance 50% of the water and sewer portion of this project, and
WHEREAS, proper accounting practices require that all c
appropriations of City monies be made by ordinance.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF
KENAI, ALASKA, that the following increases in Estimated Revenues
and Appropriations be made:
L�£an. Walkof, , Tinkarr��$agarD. �
capital Project Puna
Increace Estimated Revenues:
1980 Municipal Grant $ 95,700
1981 Municipal Aid 1,000,544
_ State of Alaska Grant (DEC) 61,790
1960 Municipal Grant (water & Sewer) 61.790
S1,, 214 J24
inaroase Appropriations:
Construction $1,214,824
PASSED 8Y THE COUNCIL OF THE CYTY OF KENAI ALASKA, this 16th day
of September, 1981.
dr
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VINCENT O'REI�OR
r
i ATTESTt
Viet Whelan, City Clerk
First Reading: August 19, 1981
Second Reading: September 16, 1981
Effective Date: September 16, 1981
i
Approved by Finance:.41,a_.