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HomeMy WebLinkAboutORDINANCE 2120-2005 SUBSTITUTE Suggested by: Council CITY OF KENAI ORDINANCE N0.2120-2005 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, AMENDING KMC 7.25.020(a) BY INCREASING THE AMOUNT OF UNENCUMBERED BALANCES THAT CAN BE TRANSFERRED IN LINE ITEM ACCOUNTS WITHOUT APPROVAL OF THE CITY COUNCIL FROM LESS THAN X2,500 TO LESS THAN X5,000. WHEREAS, KMC 7.25.020(a) limits the amount of money in unencumbered balances that can be transferred in line item accounts without approval of the City Council to X2,500; and, WHEREAS, operational efficiency will be improved by increasing the transfer limit to X5,000; and, WHEREAS, it is in the best interest of the City of Kenai to amend KMC 7.25.020(a) by raising the amount of money in unencumbered balances that can be transferred in line item accounts from X2,500 to X5,000. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA that KMC 7.25.020(a) is amended as follows: ?.25.020 City budget control. (a) After approval by the Finance Director as to availability of unencumbered balances, transfers in amounts less than [TWO THOUSAND FIVE HUNDRED (2,500.00) DOLLARS] 5 000 maybe made in line item accounts within a Fund without approval by the City Council. The City Clerk may make such transfers within the Department of the City Clerk, and the City Attorney may make such transfers within the Department of Law. The City Manager may make such transfers in all other areas except in the Legislative Department. PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 21St day of September, 2005. PAT PORTER, MAYOR ATTEST: Carol L. Freas, City Clerk Introduced: September 7, 2005 Adopted: September 21, 2005 Effective: October 21, 2005 ttie~~~of// KENAI,ALASI(A "I/c'f~a e wit~r a Past Gi u1~t~r a Fr~t~re" .9~ 210 Fidalgo Avenue, Kenai, Alaska 99611-7794 Telephone: 907-283-7535 /FAX: 907-283-3014 www.ci.kenai.ak.us MEMORANDUM T0: Chuck Kopp, Acting City Manager FROM:C' ~ Cary R. Graves, City Attorney DATE: September 15, 2005 RE: Ordinance No.2021-2005 -- SUBSTITUTE Attached is a substitute ordinance that includes a correction to the title of the ordinance only. The words "less than" were inserted before $2,500 and $5,000 to match the wording of the text of the ordinance. CRG/sp Attachment