HomeMy WebLinkAboutRESOLUTION 1999-05Suggested by: Administration
City of Kenai
RE~OLUTION NO. 99-5
A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA
TRANSFERRING $35,822.15 TO THE '98 WATER SYSTEM IMPROVEMENT
CAPITAL PROJECT FUND.
WHEREAS, the Water and Sewer Special Revenue Fund contributed matching
funds for the 1996 municipal matching grant; and
WHEREAS, the contribution was recorded in the Water System Improvement
'96 and the Water System Telemetry '96 Capital Project Funds; and
WHEREAS, these two capital project funds need to be closed out; and
WHEREAS, this housekeeping measure transfers the remaining balance of the
water and sewer matching contribution to the '98 Water System Improvement
Capital Project Fund.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
KENAI, ALASKA:
Section 1' That the remaining balances of the Water and Sewer Special
Revenue Fund matching contributions totaling $35,822.15 in the Water System
Improvement '96 and Water System Telemetry '96' Capital Project Funds be
transferred to the '98 Water System Improvement Capital Project Fund.
Section 2: That estimated revenue in the '98 Water System Improvement
Capital Project Fund reflect $35,822.15 from the Water and Sewer Special
Revenue Fund and $83,584.85 from State Grant #96-587.
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ~LASKA, this 3ra day of
February. 1999. ~/-~ ~ ,
~OHN j/4
ATTEST: /
CarofL~' '/ '
Freas, City Clerk
..~
Approved by Finance: ~
(1/21/99) kl