HomeMy WebLinkAboutORDINANCE 0603-1980CITY OF KENAI
ORDINANCE NO. 603-80
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA,
INCREASING ESTIMATED REVENUES AND APPROPRIATIONS IN A NEW CAPITAL
PROJECT FUND ENTITLED "AIRPORT ELECTRICAL IMPROVEMENTS- BY
$786,495 SUBJECT TO AWARD OF GRANT BY FAA.
WHEREAS, the Federal Aviation Administration has indicated on
intent to grant to the City of Kenai in the amount of $737,339
for airport electrical improvements, and
WHEREAS, the State of Alaska has awarded,a grant to the City of
Kenai in the amount of $24,578 for the same purpose, 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 award of grant by :AA:
Airgart Land System Fund
Increase Estimated Revenues:
Appropriation of Fund Balance $24.579
Increase Appropriations:
Airport Land -Transfer to
Capital Projects $24,578
Airport Electrical Improvements
Capita 1 project Puna
Increase Estimated Revenues:
Transfer from Airport
Land System Fund $24,578
State Grant 24,578
Federal Grant 77,,
$796 ,495
Increase Appropriations:
Administration
$ 50000
Engineering
50,000
Inspection
30,000
Construction
631,495
Contingency
70"000
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PASSED BY THE COUNCIL OF THE CITY OF KENAI LASKA,�thhis 6th day
of August, 1980.
VINCENT O' REILLYyD4 OR
ATTESTS (/
Jul et Whelan, City Clerk
First Readings August 6, 1980
Second Readings August 6, 1980
Effective Dates August 6, 1980
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