HomeMy WebLinkAboutORDINANCE 0324-1976CITY OF KEI~IAI
ORDINANCE NO. 324-76
AN ORDINANCE OF THE COUNCIL OF TIIE CITY OF KENAI, ALASKA, APPROPRIATING
$6,250 TO THE CAPITAL PROJECT ENTITLED SMALL BOAT I~ARBOR FROM THF.
GENERAL FUND BALANCE.
WItEREAS, the City of Kenai constructed a Small Boat Harbor, and
WHEREAS, funding in the amount of $25,000 was provided by the 1974 Refunded Bond
Issue, and
I~EREAS, expenditures exceeded revenues by $6,250, and
WHEREAS, this deficit must be funded in order to close this project, and
WHEREAS, proper aeeountlng practices require that all appropriations of City monies
be made by ordinance.
~OW, THEREFORE, BE IT ORDAINED by the Council of the City of Kenai, Alaska, that
$6,250 be appropriated from General Fund Balance to the Capital Project Fund entitled
Small Boat Harbor by tnereasing estimated revenues and appropriations as follows:
Capital Project Fund: Small Boat Harbor
Estimated Revenue:
Contribution from General Fund
Appropriations:
Construction
$6,250
$6,250
PAS~ED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 5th day of
January, 1977.
.~ JAMES A. ELSON, MAYOR
ATTEST:
· u~' Peter, CiG' Clerk
FIRST READING: December 15, 1976
SECOND READING: .!snuary 5, 1977
EFFECTIVE DATE: Februa~/ 5, 1977