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HomeMy WebLinkAboutRESOLUTION 1977-58 .v. _ CITY OF KENAI RESOLUTION NO. 77-58 BE IT RESOLVED BY THE COUNCIL OF THE CITY (1F KENAI , ALASKA , THAT 5120,000 FROM THE STREET PORTION OF THE 1974 REFU'JDF,D BOND ISSUE BE ALLOCATED FOR PRELIININARY ENGINEERING ON VARIOUS STREET PROJECTS . WHEREAS, funds are needed for preliminary engineering to enable the City to plan for the expenditures of State Local Roads 8 Trails monies, and WHEREAS, funds are also needed far preliminary engineering on a reimbursable basis for road projects that the benefitted property owners will fully fund, and WHEREAS, it is not econom;caUy feasible for the City to retain afull-time pro- fessional engineer , and WHEREAS, funds are available in the Street Fund Balance from the 1974 Refunded Bond Issue . NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Kenai, Alaska, that =120,000 of the monies available for streets in the 1974 Refunded Bond Issue be allocated for professional services to develop preliminary engineering on road projects as approved by Council. PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 20th day of April, 1977. ATTEST: Su .Peter, City Clerk JAMES A. ELSON, MAYOR ~_ ._ ~b