HomeMy WebLinkAboutRESOLUTION 1967-48I_
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RESOLUTIOU fi0. 67.48.
RESOLUTIOf~ OF THE CITY COUP~CIL OF THE CITY OF KENAI,
ALASKA, PLEDGING fUP3DS TO COf~?PLETE THE IiATEFt, SEt1ER AND
RELATED STREET It1PR0VEPIENT PROJECT (EDA PROJECT 07-1-00271)
WHEREAS, the City of Kenai, Alaska, has received valid bids
for the construction of water, sewer and related street
improvements under the EDA Protect 07-1-00271; ilnd
41NEREAS, the total project wilt cost E1,083,830.00; and
itHEREAS, the E. D.A. Portion nust not exceed 5500,000.
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF TFIE
CITY OF KENAI, ALASKA, THAT;
1. The City of Kenai hereby pledges to spend from the
bond funds of the City of Kenai the sum of 5581,330.30
for the water and sewer portion of the above mentioned
project.
2. The City of Kenai further resolves and declares that
there is available in said bond fund sufficient moneys to
pay the abovementioned sum plus the sum necessary to acc-
omplish the related street improvements referred to.
PASSED THIS THE lOTll DAY OF AUGUST, 1967, AT KENAI, ALASKA.
ATTEST: Chester Cane, Acting Mayor
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rances orc sen, C ty lerk