HomeMy WebLinkAboutORDINANCE 2064-2004Suggested by' Administration
City of Kenai
ORDINANCE NO. 2064-2004
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING
ESTIMATED REVENUES AND APPROPRIATIONS BY $368,945 FOR AIRPORT GRANTS.'
WHEREAS, the FAA has offered a $350,498 matching grant for Supplemental Master
Plan; and,
WHEREAS, the State of Alaska is providing a matching grant of $9,223; and,
WHEREAS, it is in the best interest of the City of Kenai to accept these grants and abide
by the grant conditions; and,
WHEREAS, the required local match of 2.5% is $9,224, which is available in the fund
balance of the Airport Land System Special Revenue Fund.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF I<ENAI,
ALASKA that estimated revenues and appropriations be increased as follows:
Supplemental Master Plan Capital Project Fund
Increase Estimated Revenues:
FAA Grant
State Grant
Transfer from Airport Fund
$ 350,498
9,223
9,224
$ 368;945
Increase Appropriations:
Administration
Professional Services
Airport Land System Special Revenue Fund
Increase Estimated Revenue:
Appropriation of Fund Balance
Increase Appropriations:
Airport M&O- Transfer to Capital Projects Funds
$ 15,000
353,945_
$ 368,945
$ 9,224
$ 9,224
PASSED BY THE COUNCIL OF THE CITY OF
September 2004.
ATTEST:
Carol L. Freas, City Clerk
Approved by Finance'_~~
(0S/27 / 2004) hl
KE , ALA 's 15th of
Introduced:
Adopted:
Effective:
September 1, 2004
September 15, 2004
September 15, 2004