HomeMy WebLinkAboutORDINANCE 0496-1979m . - -
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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rescinded.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
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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
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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
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