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HomeMy WebLinkAboutORDINANCE 0545-1980CITY OF KENAI L ORDINANCE. NO. 545-80 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING ESTIMATED REVENUES AND APPROPRIATIONS IN THE 1979-80 FEDERAL REVENUE SHARING FUND BUDGET RY $0,774. WHEREAS, the Council of the City of Kenai appropriated, by Ordinance 533-79, $20,000 for the purchase of a fire rescue vehicle, and WHEREAS, the City solicited bids for such a vehicle and the lowest bid, as accepted by Resolution No. 79-172, was in the amount of $28,774, and WHEREAS, based upon information from the U.S. Department of Treasury, adequate funds will be available in the form of Federal Revenue Sharing to appropriate the additional monies needed, and WHEREAS, proper accounting practices require that all appropriations of City monies be made by ordinance. i 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 Increase Estimated Revenues: Transfers from Federal R i , anue Sharing Fund $6 , 774 Increase Appropriations: Fire - Machinery & Equipment $8,774 Federal Revenue Sharing Fund Increase Estimated Revenues: Federal Revenue Sharing $8,774 - Increase Appropriations: Transfers to General Fund $8,774 PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA this 16th day of January 1980. VINCENT O'REILLY, MAYOR �J ATTEST: J"i t Whelan, City Clerk First Rc "Ing: January 2, 1980 Second Reading: January 16, 1980 Effective Date: January 16, 1980 Approved by Finance Director (r1 r1 N. M