HomeMy WebLinkAboutORDINANCE 0617-1980/ P4
CITY OF KENAI
ORDINANCE NO. 617-80
AN ORDINANCE OF THE COUNCIL OF THE CITY OP KENAI, ALASKA,
INCREASING ESTIMATED REVENUES AND APPROPRIATIONS IN THE 1980-81
AIRPORT LAND SYSTEM FUND BUDGET BY $3,850 TO RETURN A PORTION OF
TIE -DOWN PEES WITHHELD PROM MCNAMARA AND ASSOCIATES, INC.
WHEREAS, in fiscal year 1979-80, the City of Kenai withheld from
a cash bond placed by McNamara and Associates, Inc. for removal
of an aircraft, $7,050 in tie -down fees, and
WHEREAS, the City Council has decided to reduce the amount of
tie -down fees to $3,200, which results in a return to McNamara
and Associates, Inc. of $3,850, and
WHEREAS, due to the ending of the City's fiscal year at June 30,
1980, the monies have been included in Fund Balanace at July 1,
1980 , 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 in the 1980-81 Airport Land System Fund Budget
be made:
Increase Estimated Revenues:
Appropriation from Fund Balance $3,850
Increase Appropriations:
Airport Maintenance and Operation -
Miscellaneous $3,850
PASSED BY THE COUNCIL OF THE CITY OF KENAI ASKA, this 1st day
of October, 1980.
VINCENT O'REILLY,r .: YOR
' ATTEST:
Y#Iert Whelan, City Clerk
First Readings October 1, 1980
Second Readings October 1, 1980
Effective Dates October 1, 1980
Approved by Finances
6/7 .i