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HomeMy WebLinkAboutORDINANCE 0448-1978i CITY OF KENAI ORDINANCE NO. 445-78 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASIN~ ESTIMATED REVENUES AND APPROPRIATIONS BY $182 IN THE CAPITAL PROJECT FUND ENTITLED "FORBST DRIVE WATERLINE." WIIEREAS, the above-mentioned Capital Project Fund is complete, and the City has received final audit and final payment from the State of Alaska, and WHEREAS, the findings of the State auditors were that $2,793.69 of questioned costs relating to force account labor be excluded from eligible project costs, and WHEREAS, it is now desi~'~ble to close out this project, and WHEREAS, additional City monies are needed to fund the ineligible costs, and WHEREAS, proper a~ounting practices require that all appropriations of City monies be made by ordinance. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that estimated revenues and appropriations in the Capital Project Fund entitled "Fo~ast Drive Waterline" be increased as follows: Increase Estimated Revenues: Appropriation of Fund Balance 1974 Refunded Bond Issue $182 Increase Appropriations: Project Inspection $182 PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA THIS 19th day of November, 1978. ATTEST: Peter, City Clerk VINCENT O'REILLY, MAYOR Approved by Ftnanee: First Reading: November 1, 1978 Second Reading: November 15, 1978 Effective Date: November 15, 1978