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HomeMy WebLinkAboutORDINANCE 0512-1979__ CITY OP KENAI ORDINANCE NO. 512-79 AN ORDINANCE OP THE COUNCIL OF THE CITY OP KELJAI, ALASKA CREATING A CAPITAL PROJECT PUND ENTI'PLED "EAST KENAI PARK TRAILS" AND INCREASING ESTIMATED REVENUES AND APPROPRIATIONS IN SUCH FUND BY $27,096. :iEREAB, the City of Kenai has been av~arded $28,225 from the tats of Alaska, Department of Natural Resources to build Park Trails in East Kenai, and WHEREAS, the terms of the grant allow for up to 4~ (or $1,129) of the total project cost for State administration, and WHEREAS, proper accounting practices require that all appropriations of t:ity monies be made by ordinance. NOW, THEREFORE, BE IT ORDAINED BY THE C~!.'"ICIL OF THE CITY OF KENAI, ALASKA that a Capital Project Fund entitled "East Kenai Park Trails" be established, and estimated revenues and appropriations in such f~.~nd be increased as follows: Increase Estimated Revenuers State Grants Increase Appropriations: Administration Construction ~< PASSED BY THE COUNCIL OF THE CITY day of July, 1979. _ $27,096 96 27 000 27,096 KENAI, ALASKA this 18th ~~, ~~ ATTESTS u C. Peter, C ty C erk Approved by Finances~~ First Readings July 5, 1979 Second Readings July 18, 1979 Effective Date: July 18, 1979 ~: ~;I 0