HomeMy WebLinkAboutORDINANCE 0522-1979a
CITY OF KENAI
ORDINANCE ':O. 522-79
AN ORDINANCE OF THE COUNCIL OF THE CZTY CiF KENAI, ALASKA
INCREASING ESTIMATED REVENUES AND APPRnPRIATIONS IN THE
CAPITAL PROJECT FUND ENTITLED "A~RPORT RUNWAY PAVING" IN
THE AMOUNT OF $65,000.
WHEREAS, the Airport Runway Paving Project, ADAP 6-02-0142-04,
has experienced cost overruns in construction of approximately
$85,000, and
WHEREAS, there are sufficient monies ~n contingency to fund
approximately $20,000 of these overruns, and
'AHEREAS, correspondence and discussion with the Federal Aviation
Administration indicates that a grant increase will be granted
to the City for these cost overruns, and
WHEREAS, the State of Alaska Division of Aviation is expected
to participate in the increase, and
WHEREAS, proper accounting practices require that all 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 in estimated revenues
and appropriations be made:
Capital Projects-Airport Runway Paving
Increase Est mated Revenues:
Transfer from Airport Land System $2,031
State Grants 2,031
Federal Grants 60 938
65,000
Increase Appropriations:
Construction
$65,000
Be it further ordained that the following transfer of monies
be made f~ the 1979-80 Airport Land System to fund the City's
share of this increase:
From:
Airport Land-Contingency $2,031
TO:
Airport Land-Transfers $2,031
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Ordinance 522-79, page 2
PASSED BY THE COUNCIL OF THE CITY O KENAI, ALASKA this
19th day of September, 1979.
/ ~~~~~.
v NCENT O'REILLY R
ATTEST:
a
' Su C. Peter, City Clerk
First Reading: September 5, 1979
Second Reading: September 19, 1979
Effective Date: September 19, 1979
Approved by Finance:
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