HomeMy WebLinkAboutRESOLUTION 1998-49Suggested by: Administration
City of Kenai
RESOLUTION NO. 98-49
A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA
FORMALLY ACCEPTING FY99 MUNICIPAL MATCHING GRANT NUMBER
99/587-8-001 FROM THE STATE OF ALASKA, DEPARTMENT OF
ADMINISTRATION IN THE AMOUNT OF $214,248.00 FOR A STREET
IMPROVEMENT PROGRAM.
WHEREAS, the State of Alaska has established the Municipal Capital Matching
Grant Program under AS 37.06.010; and
WHEREAS, the State of Alaska has offered the City of Kenai a grant in the
amount of $214,248.00 for a street improvement program; and
WHEREAS, the State requires that the Kenai City Council formally accept the
grant and the conditions of the grant by ordinance or resolution; and
WHEREAS, the City has agreed to contribute $91,821.00 as its share of this
project; this share will be in the form of cash.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
KENAI, ALASKA that the City formally accepts FY99 Municipal Matching Grant
Number 99/587-8-001 from the State of Alaska, Department of Administration
in the amount of $214,248.00 for a street improvement program, and accepts
the conditions of the grant agreement.
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 15th day of
July, 1998. .~
fiN J./~I,~MS, MAYOR
ATTEST'
Carol L. Freas, City Clerk
Approved by Finance: ~
(7/9/98) Icl