HomeMy WebLinkAboutORDINANCE 0372-1977 CITY OF KENAI
ORDINANCE NO. 372-77
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA,
APPROPRIATING $4,000 FROM 1974 REFUNDED BOND ISSUE MONIES
FOR PRELIMINARY ENGINEERING COSTS OF REDOUBT ACCESS ROAD.
WHEREAS, the City of Kenai has contracted with Wince-Corthell
and Associates, Consulting Engineers, to perform preliminary
engineering on the above project at a cost of $7,500, and
WHEREA~, the Economic Development Administration has authorized
grant funds in the amount of $3,500 to be spent toward preliminary
engineering on the above project, and
WHEREA~, the above-referenced grant funds were adopted by the
City of Kenai Ordinance No. 371-77, and
WHEREAS, preliminary engineering expenses incurred prior to
authorization of grant funds by the EDA are ineligible for
reimbursement by the EDA, 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 the City of Kenai,
Alaska, that the portion of p~'ellmlna~y engineering costs on the
above project that are ineligible for reimbursement by the EDA be
funded by 1974 refunded bond issue monies as follows~
Capita.1 Projects - Streets
Estimated Revenue
Fund Balance, 1974 Refunded Bond Issue (Streets)
Estimated Expenditures
Engineering, ineligible for EDA reimbursement
$4,000
$4,000
No. 372-7" ~
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, THIS 2nd
day of Novemb~ , 1977.
VINCENT O'REILgY, MAYOR
ATTEST~
Su~' C. Pe:er, City Cl~rk
FIRST READING~
SECOND READING:
EFFECTIVE DATE:
10/19/77