HomeMy WebLinkAboutORDINANCE 1989-2003Suggested by: Administration
City of Kenai
ORDINANCE N0. 1989-2003
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING
ESTIMATED REVENUES AND APPROPRIATIONS BY X1,900,000 IN THE WELLHOUSE
4 CAPITAL PROJECT FUND AND X950,000 IN THE WATER AND SEWER SPECIAL
REVENUE FUND.
WHEREAS, the State of Alaska Department of Environmental Conservation has
increased their grant #47547 to the City by X950,000; and,
WHEREAS, the grant requires a 50% match; and,
WHEREAS, the funds required for the match are available in the fund balance of the
Water and Sewer Fund.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA that estimated revenues and appropriations be inc reased as follows:
Water and Sewer Fund
Increase Estimated Revenues:
Appropriation of Fund Balance 950 00
Increase Appropriations:
Transfer to Capital Project Fund 950 000
Wellhouse 4 Capital Project Fund
Increase Estimated Revenues:
State Grant X950,000
Transfer from Water and Sewer Fund ~ 950,000
1 900 00
Increase Appropriations:
Construction 1 900 000
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 5~ day of February,
2003. ~
A
/"
OHN J LIAMS, MAYOR
ATTEST:
Carol L. Freas, City Clerk
Approved by Finance:_
(01 / 08/ 2003) hl
Introduced: January 15, 2003
Adopted: February 5, 2003
Effective: February 5, 2003