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HomeMy WebLinkAboutORDINANCE 0731-1981CITY OF KENAI ORDINANCE NO. 731-81 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, INCREASING FaTIMATED REVENUES AND APPROPRIATIONS IN THE MAIN STREET LOOP AND BARNACLE WAY CAPITAL PROJECT FUND IN THE AMOUNT OF 0136,500. WHEREAS, the City of Kenai has received a 1981 Municipal Grant for road improvements in the amount of $2,272,000, and WHEREAS, the City has designated $136,500 of this grant to the Main Street Loop and Barnacle Way Street Improvement project, 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 fallowing increases in estimated .revenues and appropriations be made: Main treet Loon and Barnacle Way Capital Project Fund Increase Estimated Revenues: 1981 Municipal Grant (Roads) $1368500 Increase Appropriations: Administration $ 500 Inspection 99,000 Contingency 37.000 $136,500 PASSED BY THE COUNCIL OF THE CITY OF KENAI._ALASKA, this 21st day of October, 1981. 7 , VINCENT O'REILLY, MAYOR ATTESTs Ilet Whelan, City Clerk l Approved by Finances M, First Readings October 21, 1981 Second Readings October 21, 1981 Effective Dates October 21, 1981 s-