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HomeMy WebLinkAboutOrdinance No. 3352-2023KENAI CITY OF KENAI ORDINANCE NO. 3362-2023 Sponsored by: Administration AN ORDINANCE INCREASING ESTIMATED REVENUES AND APPROPRIATION IN THE KENAI CITY DOCK IMPROVEMENT, ANIMAL CONTROL IMPROVEMENT, AND AIRPORT SNOW REMOVAL EQUIPMENT IMPROVEMENT CAPITAL PROJECT FUNDS TO TRANSFER RESIDUAL BALANCE FROM COMPLETED PROJECTS BACK TO THEIR ORIGINAL FUNDING SOURCES. WHEREAS, $28,266 remains in Kenai City Dock Improvement, and Animal Control Improvement Capital Project Funds from completed capital projects, including Earthquake Damage Repairs, and Epoxy Floor Recoating; and, WHEREAS, transfer of the residual $28,266 to the General Fund, the fund from which the funds originated, will allow future appropriation of the funds for operations or future capital projects and is in the best interest of the City; and, WHEREAS, $286 remains in different Airport Capital Project Funds from the completed projects including the Airport Snow Removal Equipment Runway Broom Replacement; and, WHEREAS, transfer of the residual $286 to the Airport Fund, the fund from which the funds originated, will allow future appropriation of the funds for operations or future capital projects 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. That the estimated revenues and appropriations be increase as follows: Animal Control Improvement Capital Project Fund: Increase Estimated Revenues — Appropriation of Fund Balance $3,364 Increase Appropriations — Transfer to General Fund $3,364 Section 2. That the estimated revenues and appropriations be increase as follows: Kenai City Dock Improvement Capital Project Fund: Increase Estimated Revenues — Appropriation of Fund Balance $24,902 Increase Appropriations — Transfer to General Fund $24,902 Section 3. That the estimated revenues and appropriations be increase as follows Airport Snow Removal Equipment Improvement Capital Project Fund: Increase Estimated Revenues — Appropriation of Fund Balance $286 New Text Underlined; [DELETED TEXT BRACKETED] Ordinance No. 3352-2023 Page 2 of 2 Increase Appropriations — Transfer to Airport Fund $286 Section 4. 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 5. Effective Date: That pursuant to KMC 1.15.070(f), this ordinance shall take effect immediately upon enactment. ENACTED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, THIS 17T" DAY OF MAY, 2023. ATTEST: L'/Y� .- S- - Michelle M. Saner, MMC, City Clerk Approved by Finance: U` '-6f -,- �c4 Brian Gabriel Sr., Mayor Introduced: Enacted: Effective: New Text Underlined; [DELETED TEXT BRACKETED] May 3, 2023 May 17, 2023 May 17, 2023 lba. 7/ KFNA, City of Kenai 1210 Fidalgo Ave, Kenai, AK 99611-7794 1907.283.7535 1 wwwlenaixity MEMORANDUM TO: Mayor Gabriel and Council Members THROUGH: Terry Eubank, City Manager FROM: Lana Metcalf, Controller/Acting Finance Director DATE: April 13, 2023 SUBJECT: Ordinance 3352-2023 Transferring Remaining Funds from Completed Capital Projects back to Original Funding Source The purpose of this memo is to recommend the enactment of Ordinance 3352-2023 that will transfer remaining balances from completed capital projects back to their original funding source. These transfers will allow the residual funds to be appropriated for operations or new capital projects in the future. In total, $28,266 will be returned to the General Fund from these completed capital projects: 1. Kenai City Dock Earthquake Damage Repairs, $24,902. 2. Animal Control Epoxy Floor Recoating, $3,364 $286 will be returned to the Airport Fund from these completed capital projects - 1. Airport Snow Removal Equipment Runway Broom Replacement, $286 We will also be administratively transferring back $705,792 to the Airport fund from the following completed projects or projects for which Federal Airport Improvement Grant Funds have been awarded for expenditures previously paid by the City for design services: 1. Fire Training Facility Rehabilitation Project, $292,111 2. Sand Storage Facility Project, $114,451 3. KMA Airfield Drainage Improvements Project, $299,230 With the enactment of Ordinance 3352-2023, these funds will be returned to their original funding source, where they will reside in fund balance until the passage of future ordinances appropriating the funds for operations or other capital projects. No authorization to spend is created by this appropriation, rather only the authority to transfer between funds is being provided. Your support for the enactment of Ordinance 3352-2023 is respectfully requested.