HomeMy WebLinkAboutORDINANCE 2096-2005~~~~ SUBSTITUTE
Suggested by: Administration
CITY OF KENAI
ORDINANCE N0.209b-2005
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING
ESTIMATED REVENUES AND APPROPRIATIONS BY X55,112 IN THE AIRPORT LAND
SYSTEM SPECIAL REVENUE FUND AND X2,204,456 IN THE PARALLEL TAXIWAY
CAPITAL PROJECT FUND.
WHEREAS, the Federal Aviation Administration recommends that commercial airports
have a full length parallel taxiway; and,
WHEREAS, the airport master plan includes this project; and,
WHEREAS, the FAA has offered a grant of X2,094,233 to fund 95% of the project cost;
and,
WHEREAS, the State of Alaska is expected to offer a grant for 2.5% of the project cost;
and,
WHEREAS, funds are available in the fund balance of the Airport Land System Special
Revenue Fund for the remaining 2.5%.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA that estimated revenues and appropriations be increased as follows:
Airport Land Special Revenue Fund
Increase Estimated Revenues:
Appropriation of Fund Balance 55 112
Increase Appropriations:
M8~0 -Transfer to Capital Projects 5 112
Parallel Taxiway Capital Proiect Fund
Increase Estimated Revenues:
FAA Grant X2,094,233
State of Alaska Grant 55,111
Transfer from Special Revenue Fund 55,112
X2,204,456
Increase Appropriations:
Administration X53,855
Engineering 292,625
Construction 1,857,976
2.204.456
Ordinance No. 2096-2005 (SUBSTITUTE)
Page 2 of 2
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 18th day of May,
2005.
PAT PORTER, MAYOR
ATTEST:
Y
Carol L. Freas, City Clerk
Approved by Finance:
(05/09/2005) hl
Introduced: April 20, 2005
Adopted: May 18, 2005
Effective: May 18, 2005