HomeMy WebLinkAboutORDINANCE 0322-1976CITY OF KENAI
ORDINANCE NO. 322-76
~ ORDIN/~J~TCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, ESTABLISHING
A CAPITAL PROJECTS FUND ENTITLED "KENAI WATER PROJL';T NO. 07-01-01684"
AND INCREASING ESTIMATED REVENUES AND APPROPRIATION8 IN THE AMOUNT OF
$1.392,000.
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WHEREAS, the City of Kenai is desirous of constructing a new water well and
transmission lines, and
WHEREAS, the Economic Development Administration has granted funds in the amount
of $696,000 for this project, and
WHEREAS, the State of Alaska has also obligated $348,000, and
WHEREAS, the City of Kenai's mstehing share for these grants is $348,000 financed
by the 1974 Refunded Bond Issue, and
WHEREAS, proper accounting practices require that all appropriations and transfers
of City monies be made by ordinance.
NOW, THEREFORE, BP. IT ORDAINED by the Council of the City of Kenal, Alaska,
that the following increases in estimated revenues and appropriations are hereby made:
Capital Projects Fund: Kenat Water
Increase Estimated Revenues
BDA Project No. 07-01-01684
Pro, eot No. 07-01-01684
State of Alaska,
Department of Environmental Conservation
Water and Sewer 1974 Refunded Bonds
City Contribution to Kenai Water Project
Increase Appropriations
Kenai Water Project No. 07-01-01684
Administrative Expense
a. Interest
b. Other
Preliminary Expense
Land, Structures, Rights-of-way
Architectural/Engineering Basic Fees
$696,000
$348,000
(348,000)
$348,000
17,000
8,H2
$00
100
98,900
OR.nINANCE NO. 32 16 - Pagfe Two
Other Architectural/Engineering Fees
Project Inspection Fees
a. Construction Inspection
O. Project Audit
Construction
Contingencies
36,900
34,600
1,000
1,068.900
125,888
1,392,000
Water and Sewer 1974 Refunded Bonds
(348,000)
PASSED BY THE COUNCIL OF THE CITY OF KF. NAI, ALASKA, this 15th
of Deeembeu ,1976.
day
ATTEST:
8~ C. Peter, City Clerk
/~// -JAMESA.£L~J~ON, MAYOR
FIRST READING: December I, 1976
SECOND READING: ~eeember 15, 1976
EFFECTIVE DATE: _ January 15, 1977