HomeMy WebLinkAboutORDINANCE 0709-1981CITY OF KENAI
ORDINANCE NO. 709-81
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA,
INCREASING ESTIMATED REVENUES AND APPROPRIATIONS IN A NEW CAPITAL
PROJECT FUND ENTITLED "CANDLELIGHT AND LINWOOD* IN THE AMOUNT OF
$340t260.
WHEREAS, the State of Alaska has offered the City 1981 Municipal
Aid in the amount of $2,313,340 for Capital Improvements, and
WHEREAS, the Council desires that the above -mentioned project be
financed by such grant, and
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:
Candlelight and Linwood
In%,.tease Estimated Revenues:
1981 Municipal Aid $340,260
Increase Appropriationss
Administration $ 500
Inspection 300,000
Construction 295,760
Contingency 14,000
$340, 260
PASSED BY THE COUNCIL OF THE CITY OF KENAIALASKA, this 16th day
of Septemâ–ºaer, 1981.
VINCENT O'REIL , AYOR {.70
ATTESTS
J et Whelan, City Clerk
First Readings September 2. 1981
Second Readings September 16, 1981
Effective Dates September 16, 1981
Approved by Finances 1_'a