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HomeMy WebLinkAboutORDINANCE 0496-1979m . - - .. CITY QF KENAI ORDINANCE NO. 496-79 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA RESCINDING ORDINANCES N0. 373-77 AND 374-77 ESTABLISHING A CAPITAL PROJECT FUND ENTITLED "STREET IMPROVEMENTS," AND INCREASING ESTIMATED REVENUES AND APPROPRIATIONS IN THE AMOUNT OF $441,800 FOR EDA PROJECT NO. 07-51-26998. WHEREAS, the City of Kenai has determined that the following construction projects are warranted and in the best interest of the City: (1) Five Street improvements--Lilac, Walker, Lupine, Fourth and Kaknu, and (2) Airport Way Realignment, and WHEREAS, the local public corks program of EDA has authorized grant funds in the amount of $190,000, and WHEREAS, the State of Alaska has authorized Local Service Roads and Trails funds i:n the amount of $142,076, and ' WHEREAS, Ordinances No. 373-77 and 374-77 previously ap- propriated $109,724 of 1974 Refunded Bonds (Streets), and no additional City funds will be r?ctuired to add Airpoi°t Way Realignment to this project, and WHEREAS, this ordinance is a codification of Ordinances No. 373-77 and 374-77, with an authorization of an additional phase of the project, namely Airport Way Realignment, and „ WHEREAS, proper accounting practices require that all ap- propriatfons of City monies be made by ordinance. NOW, THEREFORE, Br; IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA that: Section 1. Ordinances No. 373-77 and 374-77 are hereby rescinded. _`_-_ Section 2. The following increases in estimated revenues and appropriations are hereby made: Street Im rovements Increase Est mated Revenues: ~- Fund Balance, 1974 Refunded Bond Issue (Streets) $109,724 - Federal Grants-EDA 190,000 State Grants-LSR & T 142 076 "` 4 1, 800 .. 7 "~ 9~!. 4 ' ~`. r- f... Ordinance No. 496-79, Paqe 2 Increase Appropriations: Administration $ 4,000 Engineering-Bas~.c 30,815 Engineering-Other 5,222 Inspection 51,111 Construction 330,027 Contingency 20 625 441, 80~~ Section 3. For administrative control, the following subprojects are hereby established: (a) Five Street Improvements (Lilac, Walker, Lupine, Fourth and Kaknu): Estimated Revenues: 1974 Refunded Bonds $109,724 Federal Grant-EDA 79,200 State Grant-LSR & T 142,076 33~, 000 Appropriations: Administration S 3,000 Engineering-Basic 23,815 Engineering-Ot~ier 5,222 Inspection 32,611 Construction 261,132 Contingency 5 220 331,000 (b) Airport Way Realignment: Estimated Revenues: Federal Grant-EDA $110,800 Appropriations: Administration $ 1,000 Engineering 7,000 Inspection 18,500 Construction 68,895 Contingency 15 405 110 800 , -. i - - -- ---- -_- - --- ~-_~~~ - ~ ~A~:311f~ilC/ - - - - _ - - - - - - - --- - . ~ ,~ I Ordinance No. 49679, Page 3 j PASSED BY THE COUNCIL Op THE CI7": (!F KEiJAI, ALASKA thifi 6th day of rune, 1979. VINCENT O REILL , YOh ATTES s 8 C. Peter, C ty C erk Approved by Finance s C~i First headi~nc~ s May 16, 1979 Second headings June 6, 1979 Effective Date: .7une 6, 1979 ~, , ~, .~, i 1 ~; f G I ~~~~~ ~I 'I .~