HomeMy WebLinkAboutORDINANCE 0323-1976CITY OF gENA!
ORDINANCE NO. 323-76
AN ORDINANCE OF THE COUNCIL OF THE CITY OF RENAl, ALASRA, APPROPRIATING
$25,151 TO THE CAPITAL PROJECT FUND ENTITLED PUBLIC SAFETY BUILDING FROM
THE GENERAL FUND BALANCE.
WHEREAS, the City of Renal constructed a Public Safety Building in FY 72-73,
and
WHEREAS, funds fro' this project were provided in the amounts of $450,000 from
G~ral Obligation Bonds, $227,202 from Federal Grants and $397,250 from State
monies, and
WHEREAS, the actual costs of construction exceeded these ~'evenues in the amount
of $25,151, and
WHEREAS, this deficit must be funded in order to close the project, and
WHEREAS, proper accounting practices require that appropriations of all City monies
be made by ordinance.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF TIlE CITY OF KENAI,
ALASF, A, that $25,151 be appropriated from the General Fund Balance to the Capital
Project fund entitled Public Safety {]uflding by tnereasinlT estimated revenues and
appropriations as follows:
Capital Projects Fund: Public Safety Building
F. stimated Revenues:
Contribution from General Fund
$25,151
Appropriations:
Construction 25,151
~ .- eter, CityClerk
PASSED BY TIlE COUNCIL OF THE CITY OF KENAI, ALASKA, this 5th day of
January, 1977.
'~AMBS A. f~LSO~, MAYOR
FIRST READING:
SECOND READING:
EFFECTIVE DATE:
December 15, 1976
January 5, 1977
Feb~arv 5, 1977