HomeMy WebLinkAboutORDINANCE 0374-1977 CITY OF KENAI
ORDINANCE NO. 374-77
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, APPROPRIATING
$19,800 FROM 1974 REFUNDED BOND ISSUE MONIES FOR PRELIMINARY ENGINEERING
COSTS OF THE FOLLOWING PROJECTS: LILAC STREET, FOURTH STREET - WEST
OF FOREST DRIVE, WALKER LIME, KAKNU WAY AND THOMPSON PARK.
WHEREAS, the City of Kenai has contracted with Wince-Corthell and
Associates, Consulting Engineers, to perform preliminary engineering
on the above projects at a cost of $34,800, and
WHEREAS, the Economic Development Administration has authorized grant
funds in the amount of $15,000 to be spent toward preliminary
engineering on the above projects, and
WHEREAS, the above-referenced grant funds were adopted by City of
Kenai Ordinance No. 373-77, 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, T~EREFORE, BE IT ORDAINED by the Council of the City of Kenai,
Alaska, that the portion of preliminary engineering costs on the
above-referenced projects that are ineligible for reimbursement by
the EDA by funded by 1974 Refunded Bond Issue monies as follows:
gapital Pro~ects - Streets
Estimated Revenue
Fund Balance, 1974 Refunded Bond Issue (Streets)
Estimated Expenditures
Engineering, ineligible for EDA reimbursement
$19,800
$19,800
Ordinance 14o. 374-7 ....
Page 2
PASSED by the Council of the City of Kenai, Alaska, this
day of November , 1977.
2nd
ATTEST:
S~/C. Peter, City Clerk
VINCENT O 'REIL~~,-~AYOR
FIRST READING: 10/19/77
SECOND READING: 11/2/??
EFFECTIVE DATE: 19!?!??