HomeMy WebLinkAboutORDINANCE 0488-1979_. r ~_
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CITY OF KF,NAI
!)RI)iNANCR Nn, 488-?9
AN ORDINANCE OF THE COUNCIL OP THF, CITY OF KRNAI INCRF.Al4ING El3TIMATF.D
REVENUES AND APPROPRIATIONR IN THE t: n~ ~,:; i'i~L PItOJt?c;T FUND ENTITLF,A
rrWATER AND SEWER LINES" IN THE AMOU* :!' C-F $30,000 FOR THF. RENOVATION OF
FNE LIFT STATIONS .
WHEREAS, the City of Kenai has received bids for the renovation of five lift stations,
and
WHEREAS, the most favorable bid is in e::cess of the amount presently appropriated
for construction, and
WHEREAS, it is desirable that the City proceed with this project using water and
sewer bond monies as necessary, and
WHEREAS, proper accoisnting practices require that all appropriations of City monies
be made by ordinance .
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NOW, THEREFORE, BE IT ORDAINED by the Couneil of the city of Kenai that the following
ine~.•eases in estimated revenues and appropriations i» the Capital Project Fund entitled
"Water and Sewer Linee", I.I'W Project No. 07-51-26986 be made:
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Renovation of five lift stations: ti j ~
Increase Estimated Revenues:
Contribution from fund balance ,
1974 Refunded Bond Issue -Water & -Sewer Bonds $30,000
Inaraaso Appropriations:
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Construction $30, 000
PASSED BY THE COUNCIL OF THE CITY OF KENAI this 2n `''day of May, 1979.
/may`"' / C. ~-kZ
ATTES VINCENT O'REILLI R
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C . Potor, CS'y Clerk FIRST RRADING: Apri118, 1979
RFCONn RFADINti: May 2, :379
RFFRCTNF DATE: May 2 , 1979
Approved by Finance Director~_