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HomeMy WebLinkAboutORDINANCE 0586-1980CITY OF KENAI ORDINANCE NO. 586-80 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING ESTIMATED REVENUES AND APPROPRIATIONS BY $525,000 IN A NEW CAPITAL PROJECT FUND ENTITLED "YOUTH CENTER." WHEREAS, the State of Alaska has offered the City of Kenai a grant in the amount of $600,000 for the construction of a youth center and a softball field complex, and WHEREAS, the Kenai Recreation Commission has requested that $525,000 of these monies be appropriated toward construction of a youth center, 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 subject to funding and authorization by the State: Youth Center Increase Estimated Revenues: State Grants $525,000 Increase Appropriations: Administration $ 300 Engineering 4,700 Inspection 15,000 Construction 480,000 Contingency 25,000 525,000 PASSED BY THE COUNCIL OF THE CITY KENAI, ALASKA this 16th day of July, 1980. VINCENT O REILLY,, tWCR ATTEST: et Whelan, City Clerk Approved by Finance: First Reading: July 2, 1980 Second Reading: July 16, 1980 Effective Date: July 16, 1980