HomeMy WebLinkAboutORDINANCE 0439-1978CITY OF KENAI
ORDINANCE NO. 439-78
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, RESCINDING
ORDINANCE ~422-78 AND I~CREASlNG ESTIMATED REVENUES AND APPROPRIATIONS
BY $968,000 IN THE CAPITAL PROJECT FUND ENTITLED "AIRPORT RUNWAY
PAVING ,"ADAP PROJECT ~06-02-0142-04, AND BY $28,022 IN THE AIRPORT
LAND SYSTEM 1978/79 BUDGET.
WHEREAS, the Federal Aviation Administration (FAA) has offered the City
of Kenai $909,656 (representing 93.75% of the project) as their share of the
cost of the project, and the City, by Resolution #78-153, has a~cepted
this grant offer, and
WHI~tNYt,9, the State of Alaska has indioated their approval of funding $30,322
(3.125%) of the project, and
WHEREAS, by previous legislation, i.e., Ordinances #410-78 and #422-78, the
City has appropriated mace City funds than required to meet our sha~e of
the project, and
WHEREAS, proper Recounting practices require that all appropriations of City
monies be made by ordinan~e.
NOW, THEREFORE, be it ordained by the Council of the City of Kenal as
follows:
Section 1: Ordinance #422-?8 be hereby raseinded, and
Seotion 2:
Albert Land System
Increase Estimated Revenues:
Contribution from Fund Balance
Increase Appropriations:
Transfers to Capital Projects
C_~p~ttal ProJeet Fund-Airport Runway Paving
Increase Estimated Revenues:
Transfers from Ah. port Land
System
Federal Grants - FAA
State Grants
$29,022
909,656
30,322
$968~000
Ord. #439-?8,
Inet'ease Appropriations:
Admintstretton Expense
Basic Engineering
Other Engineering
Project Inspection
Construction
Contingency
$ 3,000
39,700
26,000
38,000
815,550
45,750
$968,000
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 18th day
of October, 1978.
ATTEST:
"Stt~ C. Petex*~ City Clex'k
VINCEN'T O'REILL¥, MAYOR
FIRST READING: October 4, 1978
SECOND READING: October 18, 1978
EFFECTIVE DATE: October 18, 1978
Approved by Finsnce ,-~ ~,