HomeMy WebLinkAboutORDINANCE 0613-1980ti
CITY OF KENAI
ORDINANCE NO. 613-80
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI. ALASKA INCREASING,
ESTIMATED REVENUES AND APPROPRIATIONS IN A NEW CAPITAL PROJECT FUND
ENTITLED "WARIM STORAGE BUILDING" BY $250,000.
WHEREAS, the Federal Aviation Administration has awarded the City
of Kenai a grant 1n the amount of $234,375 for construction of a
warm storage building, and
WHEREAS, the City expects to receive a grant from the State of Alaska
in the amount of $7,812 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:
Warm Storage Building Capital Project Fund
Increase Estimated Revenues:
Federal Grant $ 234,375
State Grant 7,812
Transfer from Airport Land System
Increase Appropriations:
Administration $ 1,000
Inspection 14,000
Construction 206,000
Contingency 30 000
Airport Land System
Increase Estimated Revenues:
Appropriation from Fund Balance $ 7,813
Increase Appropriations:
Transfer to Capital Projects 7,813
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA this 17th day of
September 1980.
,ice,-v Y �/ff7l
ATTEST FIRST READING: Sep ember 17, 1980
SECOND READING: September 17, 1980
EFFECTIVE DATE: September 17, 1980
?5ienelan, City Clerk
ApproYed b; Finance _,