HomeMy WebLinkAboutORDINANCE 0492-1979~~
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CITY OF KENAI
ORDINANCE NO. 492-79
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA
INCREASING ESTIMATED REVENUES AND APPROPRIATIONS IN THE
FEDERAL REVENUE SHARING SPECIAL REVENUE FUND BY $24,000.
WHEREAS, the City of Kenai is in need of a buila~ng with
a grease rack and hoist available to the City Shop in
order to properly service City equipment, and
WHEREAS, bids have been receive3 and opened, and the
lowest bi.d on the project is $74,000, and
WHEREAS, Ordinance No. 452-78 appropriated $50,000 for
this project, and .
WHEREAS, in order to accept the low bid, another $24,000 must
be appropriated, and
WHEREAS, based upon information from the U. S. Department of
' the Treasury, adequate funds will be available in the form of
Federal Revenue Sharing for these improvements, and ,
WHEREAS, proper accounting practices require that all appropriations q
of City monies be made by ordinance. j
- NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF ,
KENAI, ALASKA that the following increases in estimated revenues
g and appropriations be made:
$, Federal Revenue Sharin Fund
Increase Est mate Revenues:
Federal Revenue Sharing $24,000
Increase Appropriations:
Transfer to General Fund $24,000
__ _ General Fund
Increase Estimated Revenues:
Transfer from Federal Revenue
Sharing Fund $24,000
Increase Appropriations: --J
City Shop-Buildings $24,000
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 8th
day of June,1979•
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__ VINCENT O'REZL ~ R
f, ATTES ( ~~ .
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Stt C. Peter, City Clerk First Reading: May 2, 1979
.~pProved by Finance : L'~ Second Reading : May 16 , 19 79 'Tabled
THIRD READING: June 6, 1979
EFFECTIVE DATE: June R, t4~4
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