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HomeMy WebLinkAboutORDINANCE 0491-1979-- ~....La-.,=Ja^-.r+c--~~=--azrr ....~r~~csc~: ~--- ~ __~c:.~c~.= "q ~~ CITY OF KENAI ORDINANCE N0. 491-79 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, INCREASING ESTIMATED REVENUES AND APPROPRIATIONS ZN THE CAPITAL PROJECT FUND ENTITLED "AIRPORT RUNWAY PAVING" IN THE AMOUNT OF $370,037. WHEREAS, Additive Alternate "A," the addition of a slurry seal coat, was not previously included in the Airport Runway Paving Project Construction bid award due to lack of available funding, and WHEREAS, the Council deemed Alternate Additive "A" a desirable portion of the project and urged the City Manager to seek additional funding, and WHEREAS, the Federal Aviation Administration has off'~:red the City of Kenai $346,910 (representing 93.75$ of this addition), and the State of Alaska Division of Aviation ttas offered the City of Kenai 511,563 (representing 3.125 of this addition), and WHEREAS, the City of Kenai's Airport Land System has suf- ficient monies in Unappropriated Fund Balance to fund the City's share - $11,564 of this project, 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: >; Air ort Land S stem Increase Est mated Revenues: Contribution from Fund Balance $11,564 `"~~~ ,:~ ly-~~ Increase Appropriations: ---- Transfer to Capital Projects $11,564 Capital Project Fund-Airport Runway Pavin Increase Estimated Revenues: Transfer from Airport Land System $11,54 Federal Grants-FAA 346,910 State Grants 11,563 X370,037 i~ ,. , I_ _ y ~, _= t i ~ I I I .- - . _ r ,,~ ~~ G -_ _._ . „~ Ordinance No. 491-79, Page 2 Increase Appropriations: Administration Expense $ 2,300 Basic Engineering 5,1:,4 Project Inspectioia 11,175 Construction 3i7,78y Contingency 33,639 370,037 PASSED BY THE COUNCIL OF TNF rimy nF K~gT, ArpcKA mHIS 5th day of inay, 1973. ~ ~-~D~ . .~- ,~ NCENT O'REILLY MAYS ATTE T : ~, C. Peter, C ty Clerk Approved by Ffnance: c'ri~ First Reading: May 2, 1979 Second Reading: May 5, 1979 Effective Date: May 5., 1979 i `' i .. ~ 1 I i r s° ~ i 1 I ~ ~ i