HomeMy WebLinkAbout2022-10-13 Council on Aging PacketKENAI COUNCIL ON AGING
REGULAR MEETING
THURSDAY, OCTOBER 13, 2022 – 3:00 P.M.
KENAI SENIOR CENTER
361 SENIOR CT., KENAI, AK 99611
*Telephonic/Virtual Information Below*
http://www.kenai.city
1.CALL TO ORDER
a.Pledge of Allegiance
b.Roll Call
c.Agenda Approval
2.SCHEDULED PUBLIC COMMENTS (Public comment limited to ten (10) minutes per
speaker)
3.UNSCHEDULED PUBLIC COMMENT (Public comment limited to three (3) minutes
per speaker; thirty (30) minutes aggregated)
4.APPROVAL OF MEETING SUMMARY
a.July 14, 2022 ................................................................................................ Pg. 2
5.UNFINISHED BUSINESS
6.NEW BUSINESS
a.Discussion/Recommendation – Priority List for the City of Kenai Fiscal Year
2024-2028 Capital Improvement Plan ........................................................... Pg. 4
7.REPORTS
a.Senior Center Director
b.Council on Aging Chair
c.City Council Liaison .................................................................................... Pg. 12
8.NEXT MEETING ATTENDANCE NOTIFICATION – November 10, 2022
9.COMMISSION QUESTIONS AND COMMENTS
10.ADDITIONAL PUBLIC COMMENT
11.INFORMATION ITEMS
a.Ordinance No. 3318-2022 - Cone Memorial Donation Fund ........................ Pg. 22
12.ADJOURNMENT
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1
KENAI COUNCIL ON AGING
REGULAR MEETING
JULY 14, 2022 – 3:00 P.M.
KENAI SENIOR CENTER
CHAIR RACHAEL CRAIG, PRESIDING
MEETING SUMMARY
1.CALL TO ORDER
Chair Craig called the meeting to order at approximately 3:00 p.m.
a.Pledge of Allegiance
Chair Craig led those assembled in the Pledge of Allegiance.
b.Roll was confirmed as follows:
Members Present: R.Craig, R. Williams, C. Thornton, V. Geller, A. Heckert, J.
Straughn, B. Modigh
Members Absent: F.Kilfoyle
A quorum was present.
Staff/Council Liaison: Senior Center Director K. Romain, Administrative Assistant R.
Piersee, City Manager Paul Ostrander, and Council Liaison H.
Knackstedt
c.Agenda Approval
MOTION:
Member Thornton MOVED for approval of the agenda as presented and Member Williams
SECONDED the motion. There were no objections. SO ORDERED.
2.SCHEDULED PUBLIC COMMENTS – None.
3.UNSCHEDULED PUBLIC COMMENT -- None.
4.APPROVAL OF MEETING SUMMARY
a.June 9, 2022
MOTION:
Member Williams MOVED to approve the June 9, 2022 meeting summary. Member Straughn
SECONDED the motion. There were no objections. SO ORDERED.
5.UNFINISHED BUSINESS -- None.
6.NEW BUSINESS
a.Discussion – Update on the Bluff Stabilization Project
City Manager Ostrander provided a memo and a packet for the members giving the project
timeline and current funding for this project. Questions asked from the members were regarding
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Council on Aging Meeting Page 2 of 2
July 14, 2022
the location of the project, angle of the repost, construction costs, handicapped accessible trails,
and a possible river walk.
b. Discussion – Update on the Waterfront Revitalization Project
City Manager Ostrander provided information on the project and community participation in the
development process.
7. REPORTS
a. Senior Center Director – Director Romain reported on the following:
• New ARPA (American Rescue Plan Act) recently submitted for extra
personnel during the winter months, employee training, and funds for a raised
bed extension to the greenhouse.
• The Greenhouse Memorial Dedication was well attended. The Osborn family
presented a plaque commemorating the dedication.
b. Council on Aging Chair – Chair Craig reported on the following:
• The loss of four actively participating seniors during the past weeks.
• Expressed desire to see increased volunteering at the Center.
• Work session in September.
c. City Council Liaison – Council Member Knackstedt reported on the actions of the
July 6, 2022, City Council Meetings.
8. NEXT MEETING ATTENDANCE NOTIFICATION – September 8, 2022
It was noted that there will be no meeting in August.
9. COUNCIL MEMBERS COMMENTS AND QUESTIONS
MOTION:
Member Straughn MOVED to set the Council on Aging Work Session for Thursday, September
29, at 3:00 p.m. Member Thornton SECONDED the motion. There were no objections. SO
ORDERED.
10. ADDITIONAL PUBLIC COMMENT – None.
11. INFORMATION ITEMS – None.
12. ADJOURNMENT
There being no further business, the Council on Aging meeting adjourned at 4:10 p.m.
Meeting summary prepared and submitted by:
_____________________________________
Meghan Thibodeau
Deputy City Clerk
3
MEMORANDUM
TO: Council on Aging
THROUGH: Paul Ostrander, City Manager
FROM: Scott Curtin, Director of Public Works
DATE: October 7, 2022
SUBJECT: Senior Citizens Fund and Congregate Housing Fund Capital Projects
Priorities List
The purpose of this memo is to provide direction and clarification to commissions in submission
of Capital Projects for City Council consideration. The attached list of Senior Citizens Fund and
Congregate Housing Fund projects is intended to verify the recommendations of the Council on
Aging, and to establish a priority for one proposed project over another. The approved list will
then be considered for incorporation into the “Draft” FY2024-2028 Capital Improvement Plan
(CIP), which will highlight project priorities from all City Departments.
For this evening’s Council on Aging meeting please verify the attached list meets the intentions
of the Council on Aging and make the following motion:
Motion
The Council on Aging should understand this list does not mean these projects will be completed
within the indicated years. They are a request to the Administration and City Council for their
consideration, and the ability of the City to complete them will be subject to available funds. The
Council on Aging should expect that some or all of the projects may be moved with the overall
CIP plan in an effort to provide the best chance for their completion. Some of them may be
removed altogether, for reconsideration at a later date to allow others an opportunity to be funded.
I would like to say thank you to everyone for providing input toward the development of this plan.
Your efforts insure our resources are directed toward meeting the needs of our community. I
would like to encourage Council on Aging members to attend the annual Special Work Session
where City Council will be presented and discussing the Capital Improvement Plan. The Council
on Aging’s support is respectfully requested.
“I move to approve the Senior Citizens Fund and Congregate Housing Fund Capital
Improvement Projects Priority List for inclusion within the Draft FY2024-2028 Capital
Improvement Plan.”
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42
SENIOR CITIZENS FUND FY2023
Project Name
Project
No.
Total
Project
Cost
City
Funding
Grant
Funding Description
No Data
Total FY2024
Project Name
Project
No.
Total
Project
Cost
City
Funding
Grant
Funding Description
Emergency Backup
Power Generation 1 $125,000 $0 $125,000
Total $125,000 $0 $125,000 FY2025
Project Name
Project
No.
Total
Project
Cost
City
Funding
Grant
Funding Description
Senior Center
Landscaping
Project Phase I
2 $40,000 $0 $40,000
Landscape the south lawn of
the Senior Center to a level
area
Total $40,000 $0 $40,000
5
43
SENIOR CITIZENS FUND FY2026
Project Name
Project
No.
Total
Project
Cost
City
Funding
Grant
Funding Description
Senior Center
Landscaping
Project Phase II
3 $35,000 $0 $35,000 Create a community fire pit
area with memorial benches
Total $35,000 $0 $35,000
FY2027
Project Name
Project
No.
Total
Project
Cost
City
Funding
Grant
Funding Description
No Data
Total
6
44
SENIOR CITIZENS FUND PROJECTS
EMERGENCY BACKUP POWER GENERATION Department: Senior Center Total Project Cost: $125,000 Project Phased: Yes Project Type: Building Improvement Funding Source(s): Grant/ Donation Dependent Potential Grant Identified: State Operating Budget Impact: Slight Increase
2023 2024 2025 2026 2027
COST: $125,000 Details: This project would provide emergency backup power to the Senior Center. The facility is a gathering place for the community and provides needed meal services to the elderly. In the event of a major weather event, earthquake, etc., the ability to provide for the continued operation of the facility is an intricate resource for the City.
SENIOR CENTER LANDSCAPING - PHASE I Department: Senior Center Total Project Cost: $40,000 Project Phased: Yes Project Type: Land Improvement Funding Source(s): Grant/ Donation Dependent Potential Grant Identified: State Operating Budget Impact: Minimal or No Impact
2023 2024 2025 2026 2027
COST: $40,000 Details: This project would landscape the south lawn of the Senior Center to level the area, which now contains sunken areas which prohibit safe access and replant grass and trees as well as construct walkways for easy and safe maneuvering. This would improve lost access to the perimeter of the building, yard, and bluff areas for private rentals and the public, including wheelchair access. The project would be contingent on the construction of the Bluff Stabilization Project.
7
45
SENIOR CITIZENS FUND PROJECTS
SENIOR CENTER LANDSCAPING - PHASE II Department: Senior Center Total Project Cost: $35,000 Project Phased: Yes Project Type: Land Improvement Funding Source(s): Grant/ Donation Dependent Potential Grant Identified: State Operating Budget Impact: Minimal or No Impact
2023 2024 2025 2026 2027
COST: $35,000 Details: This project would create a community fire pit area with wooden all-weather park benches for easy access for seniors and private rentals. Memorial benches and greenery provide an opportunity to generate revenue and celebrate individuals in the community. The project would be contingent on the construction of the Bluff Stabilization Project.
8
46
CONGREGATE HOUSING FUND FY2023
Project Name
Project
No.
Total
Project
Cost
City
Funding
Grant
Funding Description
Apartment Kitchen
and Bathroom
Remodel
1 $100,000 $100,000 $0 Remodel the kitchen and
bathrooms in 3-6 apartments
Total $100,000 $100,000 $0 FY2024
Project Name
Project
No.
Total
Project
Cost
City
Funding
Grant
Funding Description
Apartment Kitchen
and Bathroom
Remodel
2 $100,000 $100,000 $0 Remodel the kitchen and
bathrooms in 3-6 apartments
Vintage Pointe
Elevator Major
Maintenance
3 $50,000 $50,000 $0
Major elevator maintenance
to allow for continued safe
operation
Total $150,000 $150,000 $0 FY2025
Project Name
Project
No.
Total
Project
Cost
City
Funding
Grant
Funding Description
Apartment Kitchen
and Bathroom
Remodel
4 $100,000 $100,000 $0 Remodel the kitchen and
bathrooms in 3-6 apartments
Total $100,000 $100,000 $0
9
47
CONGREGATE HOUSING FUND FY2026
Project Name
Project
No.
Total
Project
Cost
City
Funding
Grant
Funding Description
Apartment Kitchen
and Bathroom
Remodel
5 $100,000 $100,000 $0 Remodel the kitchen and
bathrooms in 3-6 apartments
Total $100,000 $100,000 $0 FY2027
Project Name
Project
No.
Total
Project
Cost
City
Funding
Grant
Funding Description
No Data
Total
10
48
CONGREGATE HOUSING FUND PROJECTS
APARTMENT KITCHEN AND BATHROOM REMODEL Department: Senior Center Total Project Cost: $500,000 Project Phased: Yes Project Type: Building Improvement Funding Source(s): Congregate Housing Fund Potential Grant Identified: None Operating Budget Impact: Minimal or No Impact
YEAR: 2023 2024 2025 2026 2027
COST: $100,000 $100,000 $100,000 $100,000 Details: This project remodels the kitchen and bathrooms in three to six apartments each year at Vintage Pointe. The project would replace original (1993) tile flooring, cabinetry, countertops, and fixtures in kitchens and bathrooms to bring apartments into compliance with the Americans with Disabilities Act. This project is not eligible for low-income housing grants.
VINTAGE POINTE ELEVATOR MAJOR MAINTENANCE Department: Public Works Total Project Cost: $50,000 Project Phased: Yes Project Type: Building Improvement Funding Source(s): Congregate Housing Fund Potential Grant Identified: None Operating Budget Impact: Minimal or No Impact
YEAR: 2023 2024 2025 2026 2027
COST: $50,000 Details: This project will provide for major maintenance of the Vintage Pointe elevator to allow for the continued safe operation of the City's most used elevator. The Vintage Pointe Senior Housing was constructed in 1993 and is approximately 40,450 square feet.
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Kenai City Council - Regular Meeting Page 1 of 3
September 07, 2022
Kenai City Council - Regular Meeting
September 07, 2022 ꟷ 6:00 PM
Kenai City Council Chambers
210 Fidalgo Avenue, Kenai, Alaska
** Telephonic/Virtual Information on Page 3**
www.kenai.city
Action Agenda
A.CALL TO ORDER
1.Pledge of Allegiance
2.Roll Call
3.Agenda Approval
4.Consent Agenda (Public comment limited to three (3) minutes per speaker; thirty (30) minutes
aggregated)
*All items listed with an asterisk (*) are considered to be routine and non-controversial by the council
and will be approved by one motion. There will be no separate discussion of these items unless a
council member so requests, in which case the item will be removed from the consent agenda and
considered in its normal sequence on the agenda as part of the General Orders.
B.SCHEDULED PUBLIC COMMENTS (Public comment limited to ten (10) minutes per speaker)
C.UNSCHEDULED PUBLIC COMMENTS (Public comment limited to three (3) minutes per
speaker; thirty (30) minutes aggregated)
D.PUBLIC HEARINGS
1.ENACTED WITHOUT OBJECTION. Ordinance No. 3304-2022 - Increasing Estimated
Revenues and Appropriations in the Airport Special Revenue and Airport Improvements
Capital Project Funds for Kenai Municipal Airport Disadvantage Business Enterprise Program
Updates. (Administration)
2.ENACTED WITHOUT OBJECTION. 3305-2022 - Conditionally Granting Certain Foreclosed
City-Owned Properties Described as Lots 8 & 11, Block 9 and Lot 4, Block 10, Mommsen’s
Replat of Additions No. 1 & 2 (Parcel Numbers 03910211, 03910208 and 03910304) to Central
Peninsula Habitat for Humanity, Inc. for Construction of Housing. (Administration)
3.ADOPTED WITHOUT OBJECTION. Resolution No. 2022-62 - Supporting the Kenai
Peninsula Borough’s Application for a Safe Streets and Roads for All Action Plan Grant and
Authorizing the City of Kenai to be Included as a Joint Applicant. (Administration)
4.ADOPTED WITHOUT OBJECTION. Resolution No. 2022-63 - Awarding a Professional
Services Agreement and Corresponding Purchase Order for Professional Mechanical and
Electrical Engineering Services for the Kenai Municipal Airport (KMA) Operations Building
HVAC Controls and Boiler Replacement Project. (Administration)
E.MINUTES
1.*Regular Meeting of August 17, 2022. (City Clerk)
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Kenai City Council - Regular Meeting Page 2 of 3
September 07, 2022
F. UNFINISHED BUSINESS
G. NEW BUSINESS
1. *Action/Approval - Bills to be Ratified. (Administration)
2. *Action/Approval - Purchase Orders Over $15,000. (Administration)
3. *Ordinance No. 3306-2022 - Amending Kenai Municipal Code 7.15.020 Purchases Requiring
Council Approval, to Provide Increased Flexibility for the Administration to Conduct City
Business while Maintaining Sufficient Safeguards to Protect the Public Interest. (Baisden)
4. *Ordinance No. 3307-2022 - Amending Kenai Municipal Code 7.25.020 – City Budget Control,
to Provide Increased Flexibility in the Expenditure of Funds and Management of City Budgets
while Maintaining Adequate Internal Controls to Protect the Public’s Interest. (Baisden)
5. *Ordinance No. 3308-2022 - Accepting and Appropriating a Grant from the State of Alaska for
the Purchase of Library Materials. (Administration)
6. *Ordinance No. 3309-2022 - Accepting and Appropriating Funds from the Public Library
Association and AT&T for the Kenai Community Library’s Participation in the PLA Digital
Literacy Workshop Training Incentive. (Administration)
7. *Ordinance No. 3310-2022 - Increasing Estimated Revenues and Appropriations in the
General Fund, Police Department, for the Receipt of a Vehicle Forfeited to the State of Alaska.
(Administration)
8. *Ordinance No. 3311-2022 - Determining that Real Property Described as Lot 5, Block 1,
Gusty Subdivision Addition No. 1, According to Plat No. 83-126 KRD, City-Owned Airport Land
Located Outside the Airport Reserve, is not Needed for a Public Purpose, Waiving KMC
22.05.095 Methods of Sale or Disposal and Authorizing the Sale of the Property to Aaron
Swanson DBA Forever Business Plaza LLC. (Administration)
9. *Ordinance No. 3312-2022 - Determining Lot 4, Block 1, Gusty Subdivision Addition No. 1
Amended is not Needed for a Public Purpose and Approving the Execution of a Lease with an
Option to Purchase between the City of Kenai and Aaron Swanson for the Property.
(Administration)
10. *Ordinance No. 3313-2022 - Accepting and Appropriating Funds from the State of Alaska
Department of Natural Resources, Division of Forestry and the United States Department of
Agriculture, Forest Service to Support the City’s Spruce Beetle Mitigation and Hazard Fuel
Reduction Program and Authorizing the City Manager to Execute a Memorandum of
Agreement for this Funding. (Administration)
11. *Ordinance No. 3314-2022 - Extending the Time Period for Completion of the Action Items
Necessary for the Conditional Donation of an Approximate 2 Acre Parcel to be Subdivided from
a Portion of the 6.8 Acre More or Less Portion of the East of Tract 4A, Baron Park 2020 Replat
(KPB Parcel No. 04501035) to Triumvirate Theatre for the Development of a Theatre Facility.
(Administration)
12. *Ordinance No. 3315-2022 - Increasing Estimated Revenues and Appropriations in the
General Fund and Public Safety Capital Project Fund for Costs in Excess of Budgeted Amounts
for the fire Department Apparatus Bay Floor Refinishing Project. (Administration)
13. INTRODUCTED AND REFERRED TO THE PLANNING AND ZONING COMMISSION FOR
RECOMMENDATION/PUBLIC HEARING SET FOR 9/21/22. Ordinance No. 3316-2022 -
Amending Kenai Municipal Code 14.20.150-Conditional Use Permits, to Further Clarify Roles
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Kenai City Council - Regular Meeting Page 3 of 3
September 07, 2022
and Responsibilities of Applicants, the Planning Director, and the Planning Commission in the
Conditional Use Process. (Glendening)
H.COMMISSION / COMMITTEE REPORTS
1.Council on Aging
2.Airport Commission
3.Harbor Commission
4.Parks and Recreation Commission
5.Planning and Zoning Commission
6.Beautification Committee
7.Mini Grant Steering Committee
I.REPORT OF THE MAYOR
J.ADMINISTRATION REPORTS
1.City Manager
2.City Attorney
3.City Clerk
K.ADDITIONAL PUBLIC COMMENT
1.Citizens Comments (Public comments limited to five (5) minutes per speaker)
2.Council Comments
L.EXECUTIVE SESSION
M.PENDING ITEMS
N. ADJOURNMENT
O.INFORMATION ITEMS
1.Purchase Orders Between $2,500 and $15,000
The agenda and supporting documents are posted on the City’s website at www.kenai.city. Copies of
resolutions and ordinances are available at the City Clerk’s Office or outside the Council Chamber prior
to the meeting. For additional information, please contact the City Clerk’s Office at 907-283-8231.
Join Zoom Meeting OR
https://us02web.zoom.us/j/83817445954 Dial In: (253) 215-8782 or (301) 715-8592
Meeting ID: 838 1744 5954 Passcode: 821903 Meeting ID: 838 1744 5954 Passcode: 821903
14
Kenai City Council - Regular Meeting Page 1 of 4
September 21, 2022
Kenai City Council - Regular Meeting
September 21, 2022 ꟷ 6:00 PM
Kenai City Council Chambers
210 Fidalgo Avenue, Kenai, Alaska
www.kenai.city
**Telephonic/Virtual Information on Page 4**
Action Agenda
A. CALL TO ORDER
1. Pledge of Allegiance
2. Roll Call
3. Agenda Approval
4. Consent Agenda (Public comments limited to three (3) minutes per speaker; thirty (30) minutes
aggregated)
*All items listed with an asterisk (*) are considered to be routine and non-controversial by the council
and will be approved by one motion. There will be no separate discussion of these items unless a
council member so requests, in which case the item will be removed from the consent agenda and
considered in its normal sequence on the agenda as part of the General Orders.
B. SCHEDULED PUBLIC COMMENTS (Public comments limited to ten (10) minutes per speaker)
C. UNSCHEDULED PUBLIC COMMENTS (Public comments limited to three (3) minutes per speaker;
thirty (30) minutes aggregated)
D. PUBLIC HEARINGS
1. ENACTED WITHOUT OBJECTION. Ordinance No. 3306-2022 - Amending Kenai Municipal
Code 7.15.020 Purchases Requiring Council Approval, to Provide Increased Flexibility for the
Administration to Conduct City Business while Maintaining Sufficient Safeguards to Protect the
Public Interest. (Baisden)
2. ENACTED AS AMENDED WITHOUT OBJECTION. Ordinance No. 3307-2022 - Amending
Kenai Municipal Code 7.25.020 – City Budget Control, to Provide Increased Flexibility in the
Expenditure of Funds and Management of City Budgets while Maintaining Adequate Internal
Controls to Protect the Public’s Interest. (Baisden)
3. ENACTED WITHOUT OBJECTION. Ordinance No. 3308-2022 - Accepting and Appropriating
a Grant from the State of Alaska for the Purchase of Library Materials. (Administration)
4. ENACTED WITHOUT OBJECTION. Ordinance No. 3309-2022 - Accepting and Appropriating
Funds from the Public Library Association and AT&T for the Kenai Community Library’s
Participation in the PLA Digital Literacy Workshop Training Incentive. (Administration)
5. ENACTED WITHOUT OBJECTION. Ordinance No. 3310-2022 - Increasing Estimated
Revenues and Appropriations in the General Fund, Police Department, for the Receipt of a
Vehicle Forfeited to the State of Alaska. (Administration)
6. ENACTED AS AMENDED WITHOUT OBJECTION. Ordinance No. 3311-2022 - Determining
that Real Property Described as Lot 5, Block 1, Gusty Subdivision Addition No. 1, According to
Plat No. 83-126 KRD, City-Owned Airport Land Located Outside the Airport Reserve, is not
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Kenai City Council - Regular Meeting Page 2 of 4
September 21, 2022
Needed for a Public Purpose, Waiving KMC 22.05.095 Methods of Sale or Disposal and
Authorizing the Sale of the Property to Aaron Swanson DBA Forever Business Plaza LLC.
(Administration)
7. ENACTED AS AMENDED BY SUBSTITUTE WITHOUT OBJECTION. Ordinance No. 3312-
2022 - Determining Lot 4, Block 1, Gusty Subdivision Addition No. 1 Amended is not Needed
for a Public Purpose and Approving the Execution of a Lease with an Option to Purchase
between the City of Kenai and Aaron Swanson for the Property. (Administration)
• Substitute Ordinance No. 3312-2022 - Determining Lot 4, Block 1, Gusty Subdivision
Addition No. 1 Amended is not Needed for a Public Purpose and Approving the Execution
of a Lease with an Option to Purchase between the City of Kenai and Aaron Swanson DBA
Forever Business Plaza, LLC. for the Property. (Administration)
8. ENACTED WITHOUT OBJECTION. Ordinance No. 3313-2022 - Accepting and Appropriating
Funds from the State of Alaska Department of Natural Resources, Division of Forestry and the
United States Department of Agriculture, Forest Service to Support the City’s Spruce Beetle
Mitigation and Hazard Fuel Reduction Program and Authorizing the City Manager to Execute a
Memorandum of Agreement for this Funding. (Administration)
9. ENACTED AS AMENDED WITHOUT OBJECTION. Ordinance No. 3314-2022 - Extending
the Time Period for Completion of the Action Items Necessary for the Conditional Donation of
an Approximate 2 Acre Parcel to be Subdivided from a Portion of the 6.8 Acre More or Less
Portion of the East of Tract 4A, Baron Park 2020 Replat (KPB Parcel No. 04501035) to
Triumvirate Theatre for the Development of a Theatre Facility. (Administration)
10. ENACTED WITHOUT OBJECTION. Ordinance No. 3315-2022 - Increasing Estimated
Revenues and Appropriations in the General Fund and Public Safety Capital Project Fund for
Costs in Excess of Budgeted Amounts for the fire Department Apparatus Bay Floor Refinishing
Project. (Administration)
11. POSTPONED TO 10/5/2022 WITH A MOTION TO AMEND ON THE FLOOR. Ordinance No.
3316-2022 - Amending Kenai Municipal Code 14.20.150-Conditional Use Permits, to Further
Clarify Roles and Responsibilities of Applicants, the Planning Director, and the Planning
Commission in the Conditional Use Process. (Glendening)
12. POSTPONED TO 10/5/2022. Resolution No. 2022-64 - Approving the Renewal of a Lease
Utilizing a Non-Standard Lease Form on Airport Reserve Lands Between the City of Kenai and
the Federal Aviation Administration for the Automated Flight Service Station and Satellite
Communication Network Facilities on Lot 7A-1 FBO Subdivision No. 5. (Administration)
13. ADOPTED WITHOUT OBJECTION. Resolution No. 2022-65 - Approving the Use of the Fleet
Replacement Fund for the Purchase of Four Ford Police Interceptors Utilizing the State of
Alaska Equipment Fleet Contract. (Administration)
14. ADOPTED WITHOUT OBJECTION. Resolution No. 2022-66 - Amending the Kenai Municipal
Airport Aircraft Parking Fees. (Administration)
15. ADOPTED WITHOUT OBJECTION. Resolution No. 2022-67 - Allowing the City of Kenai, City
Manager to Execute Federal Aviation Administration Grant Agreement for Airport Improvement
Program Project No. 3-02-0142-072-2022 at the Kenai Municipal Airport. (Administration)
16. ADOPTED WITHOUT OBJECTION. Resolution No. 2022-68 - Authorizing A FY2022 Budget
Transfer in the Airport Fund, Airfield Department for Amounts in Excess of Budgeted Amounts
Caused by Employee Retirement and Above Average Snow Removal Activity During the Fiscal
Year. (Administration)
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Kenai City Council - Regular Meeting Page 3 of 4
September 21, 2022
17. ADOPTED WITHOUT OBJECTION. Resolution No. 2022-69 - Authorizing a FY2022 Budget
Transfer in the General Fund, Street Department for Amounts in Excess of Budgeted Amounts
Caused by Above Average Snow Removal Activity During the Fiscal Year. (Administration)
E. MINUTES
1. *Regular Meeting of September 7, 2022. (City Clerk)
F. UNFINISHED BUSINESS
G. NEW BUSINESS
1. *Action/Approval - Bills to be Ratified. (Administration)
2. *Action/Approval - Special Use Permit for Corvus Airlines, Inc. DBA Ravn Alaska, LLC. for
Use of 1,200 Square Feet of Warm Storage of a De-Ice Vehicle. (Administration)
3. *Ordinance No. 3317-2022 - Increasing Estimated Revenues and Appropriations in the Airport
Fund and Appropriating Funds in the Airport Snow Removal Equipment Capital Project Fund
for the Purchase of Snow Removal Equipment Attachments and Installation of a Gate.
(Administration)
4. APPROVED AS AMENDED WITHOUT OBJECTION. Action/Approval - Appointment of the
October 4, 2022 Election Precinct Boards for the October 4, 2022 Regular City Election. (City
Clerk)
5. APPROVED WITHOUT OBJECTION. Action/Approval - Kenai Senior Center as a Residual
Beneficiary of the Tamera Diane Cone Testamentary Trust – Options for Management of Funds.
(Administration)
H. COMMISSION / COMMITTEE REPORTS
1. Council on Aging
2. Airport Commission
3. Harbor Commission
4. Parks and Recreation Commission
5. Planning and Zoning Commission
6. Beautification Committee
7. Mini Grant Steering Committee
I. REPORT OF THE MAYOR
1. Childhood Cancer Awareness Proclamation
2. Government Finance Officers Association Letter
J. ADMINISTRATION REPORTS
1. City Manager
2. City Attorney
3. City Clerk
K. ADDITIONAL PUBLIC COMMENTS
1. Citizens Comments (Public comments limited to five (5) minutes per speaker)
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Kenai City Council - Regular Meeting Page 4 of 4
September 21, 2022
2.Council Comments
L.EXECUTIVE SESSION
1.Discussion for Resolving Delinquent Special Assessment Districts. Pursuant to AS
44.62.310(c)(1) a Matter of which the Immediate Knowledge may have an Adverse Effect
upon the Finances of the City. (Administration)
M.PENDING ITEMS
N. ADJOURNMENT
O.INFORMATION ITEMS
1.Purchase Orders Between $2,500 and $15,000.
The agenda and supporting documents are posted on the City’s website at www.kenai.city. Copies of
resolutions and ordinances are available at the City Clerk’s Office or outside the Council Chamber prior
to the meeting. For additional information, please contact the City Clerk’s Office at 907-283-8231.
Join Zoom Meeting OR
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Kenai City Council - Regular Meeting Page 1 of 3
October 05, 2022
Kenai City Council - Regular Meeting
October 05, 2022 ꟷ 6:00 PM
Kenai City Council Chambers
210 Fidalgo Avenue, Kenai, Alaska
www.kenai.city
**Telephonic/Virtual Information on Page 3**
Agenda
A. CALL TO ORDER
1. Pledge of Allegiance
2. Roll Call
3. Agenda Approval
4. Consent Agenda (Public comments limited to three (3) minutes per speaker; thirty (30) minutes
aggregated)
*All items listed with an asterisk (*) are considered to be routine and non-controversial by the council
and will be approved by one motion. There will be no separate discussion of these items unless a
council member so requests, in which case the item will be removed from the consent agenda and
considered in its normal sequence on the agenda as part of the General Orders.
B. SCHEDULED PUBLIC COMMENTS (Public comments limited to ten (10) minutes per speaker)
1. "Kenai Police Department Accreditation" Scott Hayes, Executive Director of Oregon
Accreditation Alliance.
C. UNSCHEDULED PUBLIC COMMENTS (Public comments limited to three (3) minutes per speaker;
thirty (30) minutes aggregated)
D. PUBLIC HEARINGS
1. ENACTED WITHOUT OBJECTION. Ordinance No. 3317-2022 - Increasing Estimated
Revenues and Appropriations in the Airport Fund and Appropriating Funds in the Airport Snow
Removal Equipment Capital Project Fund for the Purchase of Snow Removal Equipment
Attachments and Installation of a Gate. (Administration)
2. ADOPTED WITHOUT OBJECTION. Resolution No. 2022-70 - Authorizing Changes to the
Payment Terms of the Set Net Drive Street Improvement Special Assessment District, the Aliak,
Mccollum, Japonski Streets Improvement Special Assessment District, the Thompson Park,
Beaver Creek Alaska, Mack, Valhalla Heights and Sunset Rim Subdivisions Street
Improvement Special Assessment District, the South Ames Road LID Street Improvement
District, and the James Street and Kiana Lane Improvement Special Assessment District in an
Effort to Resolve the Remaining Delinquent Accounts of the Districts. (Administration)
3. ADOPTED WITHOUT OBJECTION. Resolution No. 2022-71 - Authorizing the City Manager
to Execute a Grant from the Alaska Department of Commerce, Community, and Economic
Development, Division of Community and Regional Affairs for the Kenai Bluff Stabilization
Project. (Administration)
4. ADOPTED WITHOUT OBJECTION. Resolution No. 2022-72 - Authorizing a Budget Transfer
on the General Fund Decreasing City Manager Contingency, Increasing Non-Departmental
19
Kenai City Council - Regular Meeting Page 2 of 3
October 05, 2022
Professional Services, and Authorizing a Change to a Purchase Order to Larson Engineering &
Design for Tower Study. (Administration)
E. MINUTES
1. *Joint Work Session of September 21, 2022. (City Clerk)
2. *Regular Meeting of September 21, 2022. (City Clerk)
F. UNFINISHED BUSINESS
1. ENACTED. Ordinance No. 3316-2022 - Amending Kenai Municipal Code 14.20.150-
Conditional Use Permits, to Further Clarify Roles and Responsibilities of Applicants, the
Planning Director, and the Planning Commission in the Conditional Use Process.
(Glendening) [Clerk's Note: At the September 21, 2022 City Council Meeting, this Ordinance
was Postponed to this Meeting; Motions to Enact and a Motion to Amend are on the Floor.]
2. POSTPONED TO 10/19/2022. Resolution No. 2022-64 - Approving the Renewal of a Lease
Utilizing a Non-Standard Lease Form on Airport Reserve Lands Between the City of Kenai and
the Federal Aviation Administration for the Automated Flight Service Station and Satellite
Communication Network Facilities on Lot 7A-1 FBO Subdivision No. 5. (Administration) [Clerk's
Note: At the September 21, 2022 City Council Meeting, this Resolution was Postponed to this
Meeting; a Motion to Adopt is on the Floor.]
G. NEW BUSINESS
1. *Action/Approval - Bills to be Ratified. (Administration)
2. *Action/Approval - Purchase Orders Over $15,000. (Administration)
3. *Action/Approval – Consent to Assignment and Assumption of Lease Agreement of ADL
37765, ATS 770, to TK Enterprises, LLC. (Administration)
4. *Ordinance No. 3318-2022 – Renaming and Amending Kenai Municipal Code Chapter 7.30
Land Sale Permanent Funds to Establish the Kenai Senior Center Cone Memorial Trust and
Directing All Proceeds Received as a Residual Beneficiary from the Tamara Diane Cone
Testamentary Trust to be Deposited into such Fund. (Administration)
5. *Ordinance No. 3319-2022 - Increasing Estimated Revenues and Appropriations in the Kenai
Bluff Erosion Capital Project Fund for Construction of the Kenai Bluff Stabilization Project.
(Administration)
6. REFERRED TO EMPLOYEE SUBCOMMITTEE. Discussion – City Manager Job Description
(Mayor Gabriel)
H. COMMISSION / COMMITTEE REPORTS
1. Council on Aging
2. Airport Commission
3. Harbor Commission
4. Parks and Recreation Commission
5. Planning and Zoning Commission
6. Beautification Committee
7. Mini Grant Steering Committee
20
Kenai City Council - Regular Meeting Page 3 of 3
October 05, 2022
I.REPORT OF THE MAYOR
J.ADMINISTRATION REPORTS
1.City Manager
2.City Attorney
3.City Clerk
K.ADDITIONAL PUBLIC COMMENTS
1.Citizens Comments (Public comments limited to five (5) minutes per speaker)
2.Council Comments
L.EXECUTIVE SESSION
M.PENDING ITEMS
N. ADJOURNMENT
O.INFORMATION ITEMS
1.Purchase Orders Between $2,500 and $15,000.
2.CIRCAC Director’s Report
The agenda and supporting documents are posted on the City’s website at www.kenai.city. Copies of
resolutions and ordinances are available at the City Clerk’s Office or outside the Council Chamber prior
to the meeting. For additional information, please contact the City Clerk’s Office at 907-283-8231.
Join Zoom Meeting OR
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Meeting ID: 846 1046 7586 Passcode: 499690 Meeting ID: 846 1046 7586 Passcode: 499690
21
Sponsored by: Administration
New Text Underlined; [DELETED TEXT BRACKETED]
CITY OF KENAI
ORDINANCE NO. 3318-2022
AN ORDINANCE RENAMING AND AMENDING KENAI MUNICIPAL CODE CHAPTER 7.30 LAND
SALE PERMANENT FUNDS TO ESTABLISH THE KENAI SENIOR CENTER CONE MEMORIAL
TRUST AND DIRECTING ALL PROCEEDS RECEIVED AS A RESIDUAL BENEFICIARY FROM THE
TAMARA DIANE CONE TESTAMENTARY TRUST TO BE DEPOSITED INTO SUCH FUND.
WHEREAS, Chester Cone moved to Shungnack, Alaska from Arkansas in 1949 to teach at a Bureau of
Indian Affairs school; and,
WHEREAS, Chester moved to the Kenai area in 1950 seeking a warmer climate and to work in the
commercial fishing industry; and,
WHEREAS, in the fall of 1950 Chester sent a one-way ticket and an invitation to his old girlfriend, Mavis
Stepp, to move to Alaska; and,
WHEREAS, Chester and Mavis were married and in 1957 began homesteading off of what is now Beaver
Loop Road; and,
WHEREAS, Chester was a business man who formed Better Concrete Corporation and owned and
operated Beaver Loop Laundromat and Cleaners; and,
WHEREAS, the Cone’s had two children, Tammy and Curtis; and,
WHEREAS, Curtis Cone passed on August 19, 1986; and,
WHEREAS, the Cone’s established the Tamara Diane Cone Testamentary Trust to provide for Tammy
until her passing on July 2, 2022; and,
WHEREAS, the Kenai Senior Center was named a residual beneficiary of the Tamara Diane Cone
Testamentary Trust and to date has received disbursements from the trust totaling $715,585.23; and,
WHEREAS, it is the intent of the City Council to establish a permanent fund with the proceeds and where
the fund’s earnings, in excess of inflation, may be appropriated for the acquisition of capital items or
capital projects for the Kenai Senior Center; and,
WHEREAS, establishment of the Kenai Senior Center, Cone Memorial Trust honors the wishes and
legacy of the Cone Family, will provide a lasting benefit to the Kenai Senior Center, and is in the best
interest of the City.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, AS
FOLLOWS:
Section 1. Amendment of Chapter 7.30 of Kenai Municipal Code: That Kenai Municipal Code,
Section 7.30 Land Sale Permanent Funds is hereby amended as follows:
Chapter 7.30
[L AND SALE] PERMANENT FUNDS
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Ordinance No. 3318-2022
Page 2 of 6
New Text Underlined; [DELETED TEXT BRACKETED]
7.30.005 - General Fund Land Sale Permanent Fund.
(a) A separate fund of the City of Kenai is hereby established as the General Fund Land Sale Permanent
Fund. The purpose of the fund is to account for the principal proceeds of the sale of City-owned non-
trust lands that are not subject to deed or other conveyance restrictions that require the funds be used
for specific other uses or benefits (General Fund lands).
(b) The General Fund Land Sale Permanent Fund shall be a restricted fund. City Charter prescribes the
establishment of a separate City account for the principal proceeds from sales of City-owned, non-
trust lands; however, the establishment of the investment guidelines for that account is within the
discretion of the Kenai City Council.
(c) The net proceeds received by the City on closing sale of non-trust lands shall be deposited in the
General Fund Land Sale Permanent Fund. Where notes are taken in payment for General Fund
lands, all principal payments on said notes shall be deposited in the General Fund Land Sale
Permanent Fund. Interest on notes taken in payment for General Fund lands shall be recorded as
investment earnings in the General Fund Land Sale Permanent Fund.
(d) Money placed in the General Fund Land Sale Permanent Fund shall not be available for use by the
City for any purpose other than for investments in accordance with City Charter and ordinances.
(e) Interest or income earned by the General Fund Land Sale Permanent Fund shall be recorded as
investment earnings in the General Fund Land Sale Permanent Fund and can be deposited in the
General Fund or held in reserve in the fund. The City Council may, by ordinance, transfer funds from
the General Fund to the General Fund Land Sale Permanent Fund. After such a transfer, the money
will become a part of the General Fund Land Sale Permanent Fund to be used only for the investment
purposes for which the fund is established.
7.30.010 - Airport Land Sale Permanent Fund.
(a) A separate fund of the City of Kenai is hereby established as the Airport Land Sale Permanent Fund.
The purpose of the fund is to account for the principal proceeds of the sale of Airport Land. Airport
Lands shall consist of all land owned by the City of Kenai and held by it for the use or benefit of the
Kenai Municipal Airport under the terms of the 1963 Quitclaim Deed from United States of America
recorded at Book 27, Page 303 at the Kenai Recording District, Kenai, Alaska. Additionally, any other
land owned by the City and acquired with airport funds shall be Airport Lands.
(b) The Airport Land Sale Permanent Fund shall be a restricted fund. The establishment of the fund
known as the Airport Land Sale Permanent Fund is within the discretion of the Kenai City Council.
Deed restrictions, Federal regulations and grant assurances require that airport funds be used for the
use and benefit of the Kenai Municipal Airport.
(c) The net proceeds received by the City on closing sale of Airport Lands shall be deposited in the
Airport Land Sale Permanent Fund. Where notes are taken in payment for Airport Lands, all payments
on said notes shall be deposited in the Airport Land Sale Permanent Fund.
(d) Money placed in the Airport Land Sale Permanent Fund shall not be available for use by the City for
any purpose other than for investments in accordance with City ordinances.
(e) The City Council may, by ordinance, transfer funds from the Airport Special Revenue Fund to the
Airport Land Sale Permanent Fund. After such a transfer, the money will become a part of the Airport
Land Sale Permanent Fund to be used only for the investment purposes for which the fund is
established.
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Ordinance No. 3318-2022
Page 3 of 6
New Text Underlined; [DELETED TEXT BRACKETED]
7.30.015 - Kenai Senior Center, Cone Memorial Trust Permanent Fund.
(a) A separate fund of the City of Kenai is hereby established as the Kenai Senior Center, Cone Memorial
Trust Permanent Fund. The purpose of the fund is to account for the proceeds received from the
Tamara Diane Cone Testamentary Trust.
(b) The Cone Memorial Trust Permanent Fund shall be a restricted fund. The establishment of the fund
known as the Kenai Senior Center, Cone Memorial Trust Permanent Fund is within the discretion of
the Kenai City Council. Trust language requires the funds be used for the use and benefit of the Kenai
Senior Center
(c) The proceeds received by the City from disbursement of the trust shall be deposited in the Kenai
Senior Center, Cone Memorial Trust Permanent Fund.
(d) Money placed in the Kenai Senior Center, Cone Memorial Trust Permanent Fund shall not be
available for use by the City for any purpose other than for investments in accordance with City
ordinances.
7.30.020 - Investments.
(a) The [LAND SALE] Permanent Funds shall be managed by the Finance Director, with the following
conditions:
(1) The City will contract for the management of the investments for each [LAND SALE]
Permanent Fund with one (1) or more professional investment managers with experience
handling institutional endowment investments subject to Council approval.
(2) The [LAND SALE] Permanent Funds shall be invested in such types of income producing
investments as limited by subsection (b) of this section, Authorized Investments for the [LAND
SALE] Permanent Funds. The investments for each [LAND SALE] Permanent Fund shall be
approved by resolution annually, usually during the City budget process, in the form of an
asset allocation plan, with each [LAND SALE] Permanent Fund following the same asset
allocation plan. The asset allocation plan shall have specific categories of investments for the
funds with percentage targets that allow for reasonable fluctuations above and below the
target percentage. The plan will establish benchmarks for evaluating the performance of each
investment manager and asset classification. Investments shall be managed such that the
target ranges of the asset allocation plan are adhered to.
(3) Investments of the [LAND SALE] Permanent Funds will take a conservative posture on
derivative securities by recognizing that derivatives may be utilized within investment vehicles
as a portfolio management tool to create or enhance exposure to an asset class or
implementation strategy while requiring that any embedded leverage created by their use be
fully collateralized. Net exposure exceeding the asset value of the investment vehicle is
prohibited. Exposure must be net long at all times.
(4) All income derived from investment of each [LAND SALE] Permanent Fund, including interest
income, realized gains, and undistributed earnings, can be distributed or reinvested into the
respective [LAND SALE] Permanent Fund and shall be invested in accordance with
subsection (b) of this section, Authorized Investments for the [LAND SALE] Permanent Funds.
(5) Appropriations from the Airport Land Sale Permanent Fund may be made as follows:
(i) In any fiscal year, the amount available for appropriation for airport operations and capital
needs will be based upon the five (5) year average of the fund’s calendar year end market
24
Ordinance No. 3318-2022
Page 4 of 6
New Text Underlined; [DELETED TEXT BRACKETED]
value. An amount not to exceed three and four-fifths percent (3.8%) of the five (5) year
average market value may be distributed if the average market value is less than the
fund’s inflation adjusted principal balance. An amount not to exceed four and one-fifth
percent (4.2%) of the five (5) year average market value may be distributed if the average
market value is greater than the fund’s inflation adjusted principal balance.
(6) Appropriations from the General Fund Land Sale Permanent Fund shall be limited to the
lesser of the cumulative earnings at calendar year end for the fund or four percent (4%) of the
fund’s fair market value as of December 31st of each year. “Cumulative earnings” is defined
as the market value at calendar year end minus the fund’s inflation adjusted principal balance.
(7) Appropriations from the Kenai Senior Center, Cone Memorial Trust Permanent Fund may be
made as follows:
(i) In any fiscal year, the amount available for appropriation for Kenai Senior Center capital
needs shall be limited to the Funds cumulative earnings at the previous calendar year
end for the fund. “Cumulative earnings” is defined as the market value at calendar year
end minus the fund’s inflation adjusted principal balance.
(b) Authorized Investments for the [LAND SALE] Permanent Funds.
(1) Investments authorized by KMC 7.22.030.
(2) Corporate obligations of investment-grade quality as recognized by a nationally recognized
rating organization. If, after purchase, these obligations are downgraded below investment
grade, the obligations shall be sold in an orderly manner within ninety (90) days of
downgrading.
(3) Domestic equities which, taken as a whole, attempt to mirror the characteristics or replicate
the Standard and Poor’s 500 Index or another index of similar characteristics and approved
by resolution of the Council as a component of the annual [LAND SALE] Permanent Funds
Asset Allocation Plan, including both mutual funds and exchange traded funds (ETFs).
(4) Domestic equities which, taken as a whole, attempt to replicate the Standard and Poor’s 400
Mid-Cap Index or another index of similar characteristics and approved by resolution of the
Council as a component of the annual [LAND SALE] Permanent Funds Asset Allocation Plan,
including both mutual funds and exchange traded funds (ETFs).
(5) Domestic equities which, taken as a whole, attempt to replicate the Standard and Poor’s 600
Small-Cap Index or another index of similar characteristics and approved by resolution of the
Council as a component of the annual [LAND SALE] Permanent Funds Asset Allocation Plan,
including both mutual funds and exchange traded funds (ETFs).
(6) International equities which, taken as a whole, attempt to replicate the Financial Times Stock
Exchange Developed ex North America Index or another index of similar characteristics and
approved by resolution of the Council as a component of the annual [LAND SALE] Permanent
Funds Asset Allocation Plan, including both mutual funds and exchange traded funds (ETFs).
(7) Equities which, taken as a whole, attempt to replicate the universe of domestic real estate
investment trusts as represented by the Standard and Poor’s REIT composite index or another
index of similar characteristics and approved by resolution of the Council as a component of
the annual [LAND SALE] Permanent Funds Asset Allocation Plan, including both mutual funds
and exchange traded funds (ETFs).
25
Ordinance No. 3318-2022
Page 5 of 6
New Text Underlined; [DELETED TEXT BRACKETED]
(8) Emerging market equities which, taken as a whole, attempt to replicate the Financial Times
Stock Exchange Emerging Index or another index of similar characteristics and approved by
resolution of the Council as a component of the annual [LAND SALE] Permanent Funds Asset
Allocation Plan, including both mutual funds and exchange traded funds (ETFs).
(9) Global infrastructure equities which, taken as a whole, attempt to replicate the STOXX Global
Broad Infrastructure Index, or a substantially similar index, including both mutual funds and
exchange traded funds.
(10) Investment grade domestic bonds which, taken as a whole, attempt to mirror the
characteristics or replicate the Bloomberg Barclays Aggregate bond index or another index of
similar characteristics and approved by resolution of the Council as a component of the annual
[LAND SALE] Permanent Funds Asset Allocation Plan, including individual securities, mutual
funds and exchange traded funds (ETFs).
(11) High yield domestic bonds which, taken as a whole, attempt to mirror the characteristics or
replicate the Bloomberg Barclays U.S. Corporate High Yield Very Liquid bond index or another
index of similar characteristics and approved by resolution of the Council as a component of
the annual [LAND SALE] Permanent Funds Asset Allocation Plan, utilizing mutual funds
and/or exchange traded funds (ETFs).
(12) Alternative beta funds which, taken as a whole, attempt to provide systematic exposure to
trading strategies included in, or similar to, those within the Wilshire Liquid Alternatives Index,
or another index of similar characteristics and approved by resolution of the Council as a
component of the annual [LAND SALE] Permanent Funds Asset Allocation Plan, utilizing
mutual funds and/or exchange traded funds (ETFs) that adhere to the limitations identified in
subsection (a)(3) of this section.
(c) Officers and employees involved in the investment process shall refrain from personal business
activity that could conflict with proper execution of the investment program, or that could impair their
ability to make impartial investment decisions. Such employees and officers shall disclose to the City
Manager any material financial interests in financial institutions that conduct business with the City
and such information shall be kept confidential to the extent otherwise allowed by law. Employees
and officers shall subordinate their personal investment transactions to those of the City, particularly
with regard to the timing of purchases and sales. A “material financial interest” in an entity is a financial
interest of any kind, which, in view of all the circumstances, is substantial enough that it would, or
reasonably could, affect the employee’s or officer’s judgment with respect to transactions to which
the entity is a party.
(d) The Finance Director shall submit to the City Council a quarterly investment report that summarizes
recent and anticipated market conditions and that describes the City’s investment portfolio in terms
of transactions during the quarter, maturities, risk characteristics, and investment return compared
with both benchmark performance returns and with the City’s budgetary expectations.
(e) The Finance Director shall establish custody and safekeeping procedures with regard to all
investments authorized by this chapter. All such investment securities, or their related collateral
securities, shall be either held by the City or by a custodial agent for the City.
Section 2. Direct the $715,585.23 received to date and any addition proceed the City receives as a
residual beneficiary of the Tamara Diane Cone Testamentary Trust be deposited into and accounted for
in the Kenai Senior Center, Cone Memorial Trust Permanent Fund.
26
Ordinance No. 3318-2022
Page 6 of 6
New Text Underlined; [DELETED TEXT BRACKETED]
Section 3. Severability: That if any part or provision of this ordinance or application thereof to any
person or circumstances is adjudged invalid by any court of competent jurisdiction, such judgment shall
be confined in its operation to the part, provision, or application directly involved in all controversy in
which this judgment shall have been rendered, and shall not affect or impair the validity of the remainder
of this title or application thereof to other persons or circumstances. The City Council hereby declares
that it would have enacted the remainder of this ordinance even without such part, provision, or
application.
Section 4. Effective Date: That pursuant to KMC 1.15.070(f), this ordinance shall take effect 30 days
after enactment.
ENACTED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, THIS 19TH DAY OF OCTOBER, 2022.
___________________________________
Brian Gabriel Sr., Mayor
ATTEST:
___________________________________
Michelle M. Saner, MMC, City Clerk
Introduced: October 5, 2022
Enacted: October 19, 2022
Effective: November 18, 2022
27
MEMORANDUM
TO: Mayor Gabriel and Council Members
THROUGH: Paul Ostrander, City Manager
FROM: Terry Eubank, Finance Director
DATE: September 29, 2022
SUBJECT: Ordinance 3318-2022 Amending KMC 7.30 to Establish the Kenai
Senior Center Cone Memorial Trust.
The purpose of this memo is to recommend passage of Ordinance 3318-2022 which will amend
KMC 7.30 Land Sale Permanent Funds to establish the Kenai Senior Center Cone Memorial Trust
and codify a restriction that cumulative earnings of the fund may only be used for Kenai Senior
Center Capital Projects. Cumulative earnings is defined as the market value at calendar year end
minus the fund’s inflation adjusted principal balance. In other words, only the investment earnings
of the fund less the amount needed to inflation proof the fund, inflation is measured by the annual
change in the Anchorage, Alaska Consumer Price Index for All Urban Consumers (CPI-U), may
be used for acquisition of capital items or capital projects of the Kenai Senior Center.
As a residual beneficiary, the City has received to date $715,585.23 in disbursements from the
Tamara Diane Cone Testamentary Trust. The trust was established by the Chester and Mavis
Cone for the benefit of their daughter. Tamara Cone passed on July 2, 2022 and the City was
named as a 1/3 beneficiary of any remaining trust assets. Chester and Mavis were longtime
Kenai residents who homesteaded in the Beaver Loop area of Kenai. Chester and Mavis owned
and operated Better Concrete Corporation and the Beave Loop Laundromat and Cleaners.
Chester was actively involved in the founding and formation of the City.
Establishing the Kenai Senior Center Cone Memorial Trust Permanent Fund will honor Chester
and Mavis’s wishes in leaving these funds to the Kenai Senior Center and ensure the lasting
benefit of their gift for this and future generations of Kenai residents. Your support for passage
or Ordinance 3318-2022 is respectfully requested.
28