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HomeMy WebLinkAboutORDINANCE 2123-20051 Suggested by: Administration CITY OF KENAI ORDINANCE N0.2123-2005 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING ESTIMATED REVENUES AND APPROPRIATIONS BY X790,000 FOR A STATE OF ALASKA GRANT FOR ROAD AND SEWER IMPROVEMENTS. WHEREAS, the State of Alaska awarded a grant of X790,000 to the City of Kenai for Road and Sewer; and, WHEREAS, the City Council identified the following improvements: LID's X640,000 City Parking Lot 100,000 New Street Lights 50,000 Total X790,000 and, WHEREAS, it is the best interest of the City of Kenai to utilize these grant funds for these improvements. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that estimated revenues and appropriations be increased as follows: FY 2006 Street f Sewer Capital Proiect Fund Increase Estimated Revenues: State Grant X790,000 Increase Appropriations: Construction X790,000 PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 21St day of Se tember 2005. p r...,.,.... ~~ PAT PORTER, MAYOR ATTEST: Carol L. Freas, City Clerk Approved by Finance: ~z'°V (09/01/2005) hl Introduced: September 7, 2005 Adopted: September 21, 2005 Effective: September 21, 2005