HomeMy WebLinkAboutORDINANCE 0540-1979.~
_~,,.
'
J
1
CITY OF IfENAI
ORDINANCE NO. 540-79
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA
ESTABLISHING A CAPITAL PROJECT FUND ENTITLED "FRONTAGE
ROAD" AND INCREASING ESTIMATED REVENUES AND APPROPRI*TIONS
IN SUCH FUND BY $18,000.
WHEREAS, it is desirable that Frontage Road in the City
of Kenai be upgraded, and
~9HEREAS, engineering design is necessary to acquire cost
estimates of completing the upgrading, and
Wi3EREA8, some 531,720 of 1974 Refunded Street Bond monies
are as yet unappropriated, and
WHEREAS, proper accounting practices require that all
appropriations of City monies be made by ordinance.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF :iiE CITY
OF KEiJAI, ALASKA that estimated revenues and appropriations
be increased as follows:
I?rnntage Road Capital Project Fund
Increase Estimated Revenues:
1974 Refunded Bonds (Streets) 518,000
Increase Ap~+ropriations:
Engineering $18,000
PASSED BY THE COUN.^_ZL OF THE CITY OF KENAI, ALASKA this 5th
day of December, 1979. ~ _ ,
~- -~- ;,~- l~~
VINCENT O'REILLY R
ATTESTS
~? ~ ~c.
J et Whe an, C ty Clerk
First Reading: November 21, 1979
Second Reading: December 5, 1979
Effective Dates December 5, 1979
Approved by Finance:c-
r; ,
..--ti.
~'~~j,~