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HomeMy WebLinkAboutORDINANCE 0511-1979 ~- -_ - .rte -- - -=- _-.~.~~_ -- ----- __ ,~- CI'PY OF KENAI ORDINANCE NU. SII-79 AN OPDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING ESTIMATED REVENUES AND APPROPRIATIONS IN THE CAPITAL PROJECT FUND ENTITLED "REDOUBT WAY PAVING." WHEREAS, the Redoubt Way Paving Capital Project is now complete, and WHEREAS, certain line items, as well as the total project, have incurred cost overruns for which appropriations should be made, and WHEREAS, proper accounting practices require that uII ap- propriations 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 ill estimated revenues and appropriations in the Capital Project Fund entitled "Redoubt Way Paving" be made: Increase Estimated Revenues: Contribution from Fund Balance, 1974 Refunded Bond Issue (Streets) $1,658 Increase Appropriations: ~ `" Engineering $ 305 Construction 1,353 -' ,658 PASSED BY THE COUNCIL dF THE CITY (.KENAI, ALASKA this 18th day of July, 1979. ~~~' ~~~ V NCENT O REILL R ATTEST_s `'f Slt Peter, C ty C erk ` First Readings June 20, 1979 Second ItQading s July 5, 1979 - TAALP.D THIRD READING: July 18, 1979 ;i Approved by Finance: l~ P,PFECTIVF, DATE: July 18, 1979 .,