Loading...
HomeMy WebLinkAboutOrdinance No. 3421-2024KENAI CITY OF KENAI ORDINANCE NO. 3421-2024 Sponsored by: Administration AN ORDINANCE INCREASING ESTIMATED REVENUES AND APPROPRIATION IN THE KENAI CITY AIRPORT SNOW REMOVAL EQUIPMENT, VISITOR CENTER, AND PUBLIC SAFETY CAPITAL PROJECT FUNDS TO TRANSFER RESIDUAL BALANCE FROM COMPLETED PROJECTS BACK TO THEIR ORIGINAL FUNDING SOURCES. WHEREAS, $336.64 remains in Airport Snow Removal Equipment Capital Project Funds from completed capital projects for a snow removal attachment and gate installation; and, WHEREAS, transfer of the residual $336.64 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; and, WHEREAS, $1,191.66 remains in Visitor Center Capital Project Funds from completed capital project for roof replacement at the Visitor Center; and, WHEREAS, transfer of the residual $1,191.66 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, $11,966.90 remains in Visitor Center Capital Project Funds from completed capital project for the HVAC Control upgrade at the Visitor Center; and, WHEREAS, transfer of the residual $11,966.90 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, $2,843.10 remains in Public Safety Capital Project Funds from completed capital project for flooring replacement at the Fire Department; and, WHEREAS, transfer of the residual $2,843.10 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, $9,367.71 remains in Public Safety Capital Project Funds from completed capital project for the apparatus bay painting at the Fire Department; and, WHEREAS, transfer of the residual $9,367.71 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. 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 increased as follows: Airport Improvement Capital Project Fund: New Text Underlined; [DELETED TEXT BRACKETED] Ordinance No. 3421-2024 Page 2 of 2 Increase Estimated Revenues - Appropriation of Fund Balance $336.M Increase Appropriations — Transfer to Airport Fund $336.64 Section 2. That the estimated revenues and appropriations be increased as follows: Visitor Center Improvement Capital Project Fund: Increase Estimated Revenues — Appropriation of Fund Balance $ILL58,56 Increase Appropriations — Transfer to General Fund Section 3. That the estimated revenues and appropriations be increased as follows: Public Safety Capital Project Fund: Increase Estimated Revenues — Appropriation of Fund Balance $1212 210.81 Increase Appropriations — Transfer to General Fund 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 19T" DAY OF JUNE, 2024. ATTEST: ice S r, M C, City Clerk Approved by Finance: 13'rhan Gabriel Sr., Mayor Introduced: June 5, 2024 Enacted: June 19, 2024 Effective: June 19, 2024 New Text Underlined; [DELETED TEXT BRACKETED] City of Kenai 1 210 Fidalgo Ave, Kenai, AK 99611-7794 1907.283.75351 www.kenai.city MEMORANDUM TO: Mayor Gabriel and Council Members THROUGH: Terry Eubank, City Manager FROM: Dave Swarner, Finance Officer DATE: May 25, 2024 SUBJECT: Ordinance 3421-2024 Residual Capital Project Balance Transfer The purpose of this memo it to recommend the enactment of Ordinance 3421-2024 that will transfer remaining balances from completed 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 $25,369.37 will be returned to the General Fund from these completed capital projects: 1. Public Safety Capital Project — Apparatus bay painting at the Fire Department, $9,367.71 2. Public Safety Capital Project— Flooring replacement at the Fire Department, $2,843.10 3. Visitor Center Capital Project — HVAC control upgrade, $11,966.90 4. Visitor Center Capital Project — Roof replacement, $1,191.66 $336.64 will be returned to the Airport Fund from this completed project: 1. Airport Snow Removal Equipment Capital Project — Snow removal attachment and gate installation, $336.64 With the enactment of Ordinance 3421-2024, 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 3421-2024 is respectfully requested.