HomeMy WebLinkAboutORDINANCE 2105-2005
Suggested by: Administration
CITY OF KENAI
ORDINANCE N0.2105-2005
AN ORDINANCE INCREASING ESTIMATED REVENUES AND APPROPRIATIONS BY
X220,000 IN THE AIRPORT LAND SYSTEM SPECIAL REVENUE FUND AND THE
RUNWAY SAFETY AREA IMPROVEMENTS CAPITAL PROJECT FUND.
WHEREAS, the Airport Master Plan calls for certain improvements to the main runway
including new runway lighting, overlay of runway pavement, pavement of runway
shoulders, and a 200 foot extension of the runway to provide required safety area on
the south end of the runway; and,
WHEREAS, the FAA has included X8,800,000 for this project in their future financial
plan; and,
WHEREAS, the City must fund the cost of design and engineering to develop bid
documents and to actually obtain bids prior to submitting a final grant application to
the FAA; and, .
WHEREAS, the Airport Land System Special Revenue Fund has sufficient money
available in Fund Balance.
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 S j~stem Special Revenue Fund
Increase Estimated Revenues:
Appropriation of Fund Balance X220,000
Increase Appropriations: .
Transfer to Capital Project Fund X220,000
Runway Safety Area Improvements Capital Project Fund
Increase Estimated Revenues:
Transfer from Special Revenue Fund X220,000
Increase Appropriations:
Administration ~ 10,000
Engineering 210,000
Ordinance No. 2105-2005
Page Two
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 6th day of July,
2005.
PAT PORTER, MAYOR
ATTEST:
Carol L, Freas, City Clerk
Approved by Finance:
(06/09/2005) jl
Introduced: June 15, 2005
Adopted: July 6, 2005
Effective: July 6, 2005