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HomeMy WebLinkAboutORDINANCE 0339-1977CITY OF KENAI ORDINANCE NO. 339-77 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA REPEALING ORDINANCES 132-68 AND 213-73 AND A{VI]~NDING ORDINANCE 99-66 ~VD ESTABLISHING THE AIRPORT TERMINAL FUND AND THE AIRPORT LAND 1;'UND. WHEREAS, the City of Kenai has been using three funds (the Land Fund, the Maintenance and Operations Fund, and the Terminal Fund) to operate the Kenai Municipal Airport, and WHEREAS, the Council finds that there is no necessity for having three funds, either from the viewpoint of the City's operations or from the FAA or from the Loan Agreement with the Department of Housing & Urban Development, and WHEREAS, the bond covenants and Loan Agreement with HUD only require the maintenance of two funds, and WHEREAS, none of the airport funds have been established by ordinance as a part of the Code of the City of Kenai, NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF HENAI as follows: Section I: Ordinances 132-68 and 213-73 ~u'e hereby rescinded and Ordinance 91~-66 shall read as adopted except as hereinafter mended, Section 2: ~n its entirety as follows; Section 2 of Ordinance 99-66 is hereby amended to read "Section 2: The Airport Land System of the City is hereby created, which shall consist of that part of the Kenai Airport area (hereinafter defined) not needed for, airport terminal facilities, ai~o~t terminal buildings and pedestrian and motor vehicle approaches thereto, motor vehicle parking area, necessary, utility systems and other atrpoi, t terminal related fno. ilkles, and all other land which may be added to such AL,~y~rt Land 5ystem, for as lone as any of the Bonds and any Parity Bonds (as hereinafter defined) ere outstand~i;~." Section 3: Section 2 of the Ordinance 99-66, as amended by Section 2 hereof, is hereby incerpora~'ed into the Code of the City of Kenai as Section 7-85. Section 4: Section 13, deleting the words "non-operating", and the first paragraph of Section 14 of Ordinance 99-66 is hereby incorporated into the Code of the City of Kenai as Section 7-86. Section 5: Section 3 of Ordinance 99-66 is hereby amended to read in its entirety as follows: ORDINANCE NO. 339-77, Page Two "Section 3: The Airport Terminal Facilities System (hereinafter called the "Terminal System';) of the City is hereby created, which shall oonst~t of the airport terminal facilities, airport terminal buildings pad motor vehicle and pedestrian approaches thereto, motor veh~le parking areas, necessary utility systems and airport terminal related facilities, and ali other related facilities which may be added to the Terminal System for as long as any of the Bonds and any Parity Bonds are outstanding I) in accordance with the provisions of this ordinance hereinafter set forth relating to the issuance of Parity Bonds, or 2) by other lawful proceedings in which such additional related facilities are specifically declared to be a part of the Temtnal System by the City Council." Section 6: Section 3 of Ordinance 99-66, as amended by Section 5 hereof, is hereby incorporated into the Code of the City of Kenai as Section 7-87. Section 7: Section 15 and the first paragraph of Section 16 of Ordinance 99-66 are hareby ineerporated into the Cede of the City of I(enat as Section 7-$$, except that such fund shall be designated in the Code as the AL'port Terminal Enterprise Fund. Section 6: The first, fou~h, fifth and sixth paragraphs of Section 17 of Ordinance 99-66 are hereby incorporated into the Code of the City of Kenat as Section 7-69. Seotion 9: Section 18 of Ordinance 99-66 is hereby ineorporated into the Code of the City of Kenai as Section 7-90. PASBED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this of June, 1977. 1st day ATTEST: Su~ C. Peter, City Clar-k JAMES A. ELSON, MAYOR FIRST READING: SECOND READING: EFFECTIVE DATE: · la.F 18, 1977 June I, 1977 July 1, I977 D£PA~TU£NT OF TRANSPO~ITATI~N June 2, 1977 N~. Jants C. Williams City Attorney Box 580 Kenai, Alaska 99511 Dear~s. ~illiams: I~ rasponse to your letter dated Iiay 24, 1977 we have no objection to proposed City Ordinance No. 339-77 which repeals Ordinances 132-68 and 213-73, amends Ordinance 99-66, and establishes the airport term/hal fund and the airport land fund. Sincerely,' ! DONALD GLEN ~I~X ~iei~ Prosr~s Bran~ ~rpbrts 9ivi~ion