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HomeMy WebLinkAboutORDINANCE 0705-1981a - CITY OF KENAI ORDINANCE N0, 705-81 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, INCREASING ESTIMATED REVENUES AND APPROPRIATIONS IN A NEW CAPITAL PROJECT FUND ENTITLED "AIRPORT TERMINAL RENOVATION AND EXPANSION" IN THE AMOUNT OF $2,000400. WHEREAS, the State of Alaska has offered the City of Kenai a 1981 Municipal Grant in the amount of $2,000,000 for Airport Terminal renovation and expansion. WHEREAS, proper accounting practices require that all appropriations of City monies be made by ordinance. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that the following increases in Estimated Revenues and Appropriations be made contingent upon State signing grant agreements Increase Estimated Revenuess 1901 Municipal Grant Increase Appropriationss Administration Engineering/Inspection Construction Contingency $ 750 190,250 1,645,000 164,000 02,0001000 PASSED BY THE COUNCIL OF THE CITY OF KENA ALASKA, this 2nd day of September, 1981, VINCENT O'REIL , MAYOR ATTEST: net Whelan, City Clerk Approved by Finance: M& First Readings August 19, 1981 Second Readings September 16, 1981 Effective Dates September 16, 1981