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HomeMy WebLinkAboutORDINANCE 0734-1981..m- :0 CITY OF KE'NA I ORDINANCE NO, 734 - 81 AN ORDINANCE. OF THE COUNCIL OF THE CITY OF KEiNA1, ALASKA, INCREASING ESTIMATED REVENUES ANTI APPROPRIATIONS IN THE; CITY ADMINISTRATION BUILDING PROJECT FUND BY $1,520.00. WHEREAS, the construction contractor on the City Administration Building did not complete the building within the original time frame allotted for construction and was given a contract time extension by the City Council, and WHEREAS, the Design/Inspection Architect contract cost to the City was based on the original time completion date, and he continued inspection services beyond this time due to a time extension granted to the construction contractor by the City Council, and WHEREAS, the Design/Inspection Architect is billing the City for this additional cost, and the Council is willing to pay this additional cost, and WHEREAS, monies are available in the General Fund Reserve for Capital Improvements for such purposes, and WHEREAS, proper accounting practices require that all appropriations of City monies be made by ordinance. r. 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: General Fund ncreastimated Revenues: Appropriation of Reservu for Capital Improvements $1,520.00 Increase Appropriations: _ Non -Departmental - Transfer to Capital Projects $1,520.00 City Administration Building Increase Estimated Revenues: Transfer from General Fund $1,520.00 Increase Appropriations: Project Inspection $1,520.00 PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 4th day of November, 1981. ATTEST: Janet Whelan, City Clerk Approved by Finance: 7INCENT O'RETELY, MAYOR First Reading: November 4, 1981 Second Reading: November 4, 1981 Effective Date: November 4, 1981