HomeMy WebLinkAboutOrdinance No. 2223-2007Suggested by: Administration
CITY OF KENAI
ORDINANCE NO. 2223-2007
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING
ESTIMATED REVENUES AND APPROPRIATIONS BY $75,000 IN THE SOCCER PARK
CAPITAL PROJECT FUND.
WHEREAS, bids for the Soccer Park and additive alternates exceeded funds
appropriated to the project; and,
WHEREAS, it is in the best interest of the City of Kenai to complete all four soccer
fields and the parking lot; and,
WHEREAS, $75,000 in additional funds are necessary to complete the project and
provide a $20,000 contingency.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA that estimated revenues and appropriations be increased as follows:
General Fund
Increase Estimated Revenues:
Appropriation of Fund Balance -Reserved for Athletics X75,000
Increase Appropriations:
Transfer to Capital Projects Fund $75,000
Soccer Park Capital Project Fund
Increase Estimated Revenues:
Transfer from General Fund $75,000
Increase Appropriations:
Construction $75,000
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 18th day of April,
2007. / -~{ s ~y
l '~~ ~A-d~CX/"~J
PAT PORTER, MAYOR
ATT/E/ST:
Carol L. Freas, City Clerk
Introduced: April 4, 2007
Adopted: April 18, 2007
,,, '1 Effective: April 18, 2007
Approved by Finance:--'~~--
(03/30/2007) hl