HomeMy WebLinkAboutORDINANCE 0596-1980CITY OF KENAI
ORDINANCE NO. 596-80
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA
INCREASING ESTIMATED REVENUES AND APPROPRIATIONS IN THE
CAPITAL PROJECT FUND ENTITLED "BIDARKA, BARNACLE WAY, CAVIAR,
REDOUBT AND FIDALGO STREETS" BY $1,040,000.
WHEREAS, the State of Alaska has offered the City of Kenai
a grant in the amount of $2,100,000 for road improvements,
and
WHEREAS, it is the City Council's desire to construct road
improvements, including water and sewer, on Bidarka, Barnacle
Way, Caviar, Redoubt and Fidalgo Streets, and
WHEREAS, the estimated cost of this project is $1,091,000,
of which $51,000 has been previously appropriated by
Ordinance No. 557-80.
'I{ WHEREAS, proper accounting practices require that all ap-
II propriations of City monies be made by ordinance.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY
OF KENAI, ALASKA that estimated revenues and appropriations
in the Capital Project fund entitled "Bidarka, Barnacle
Way, Caviar, Redoubt and Fidalgo Streets' be increased
as followss
Increase Estimated Revenuess
State Grants $1,040,000
Increase Appropriationss
Inspection $ 72,740
Construction 900,000
Contingency
,5 0,000
PASSED BY THE COUNCIL OF THE CITY KENAI, ALASKA this
6th day of August, 1980.
VINCENT O REILL , MA
ATTEST:
net Whelan, City C erk First Readings July 16, 1980
Second Readings August 6, 1980
Effective Dates August 6, 1980
Approved by Finances e `7 g%O'