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HomeMy WebLinkAboutRESOLUTION 1996-22Suggested By: Finance Departmen~ City of Kenai RESOLUTION NO. 96-22 A RESOLUTION OF THE COUNCIL OF ~ CITY OF KENAI, ALASKA:. ~/ CHA~GING APPROPRIATIONS BY $8,221.50 IN THE SHOP DEPARTMENT OF'-' THE GENERAL FUND. ' .~ · WHEREAS, the City of Kenai wishes to undertake a major overhaul of its Sh°p fuel' dispensing system; and .~'. ... " WHEREAS, major overhauls of fixed assets which significantly extend the service potential of the asset are termed betterments and should be accounted for under the Machinery and Equipment account; and WHEREAS, there are currently no funds budgeted in the Shop Department under the Machinery and Equipment account for the acquisition of new fuel dispensers; and WHEREAS, surplus funds are available in the Shop Department under the Repair and. Maintenance Supplies account. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITYOF KENAI, ALASKA that appropriations be increased or decreased as follows: Generffl Fund, Shop De_n*rtment Decrease Appropriations: Repair and Maintenance Supplies $8,221.50 Increase Appropriations: Machinery & Equipment $8,221.50 PASSED BY THE COUNCIL OF THE CITY OF KENAI, this 21st day of February, 1996. Attest: j. WmUA S, '- Carol L. Freas, City Clerk Approved By Finance: (2/16/96)