HomeMy WebLinkAboutORDINANCE 0706-1981CITY OF KE?JAI
ORDINANCE N0, 706-81
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI,. ALASKA,
INCREASING ESTIMATED REVENUES AND APPROPRIATIONS IN THE
"GYMNASIUM" CAPITAL PROJECT FUND BY $800,000.
WHEREAS, the City of Kenai has received $2,313,340 as 1981
Municipal Aid Entitlement, and
WHEREAS, by resolution, the Council has designated $800,000 of
this entitlement to be spent toward the construction of a
gymnasium.
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 estimated revenues and appropriations in the
"Gymnasium" Capital Project Fund be increased as follows:
Increase Estimated Revenues:
1981 Municipal Aid Entitlement "00.000
Increase Appropriations:
Administration $ 500
Inspection 34,500
Construction 630,000
Land 100 , tt00
Contingency 35,000
$8004000 - —
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, thisl6th day �
of September, 1981.
VINCENT O'REILLY, MAYOR
ATTESTS
Janet Whelan, City Clerk
First Reading: August 19, 1981
Second Readings September 16,1981
Effective Dates September 16,1981
Approved by Finance: 6?,A'_