HomeMy WebLinkAboutOrdinance No. 2271-2007Suggested by: Administration
CITY OF KENAI
ORDINANCE NO. 2271-2007
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING
ESTIMATED REVENUES AND APPROPRIATIONS BY $1,254,000 IN THE WELLHOUSE
4 CAPITAL PROJECT FUND FOR WATER SYSTEM UPGRADES AND $627,000 IN THE
WATER AND SEWER FUND TO PROVIDE MATCHING FUNDS FOR A STATE GRANT.
WHEREAS, the City of Kenai received a grant of $627,000 from the Alaska Department
of Environmental Conservation for Water Treatment Plant upgrades; and,
WHEREAS, the grant requires an equal match; and,
WHEREAS, funds are available in the Water and Sewer Fund 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:
Water and Sewer Fund
Increase Estimated Revenues:
Appropriation of Fund Balance
$627,000
Increase Appropriations:
Transfer to Capital Project $627,000
Wellhouse 4 Capital Proiect Fund
Increase Estimated Revenues:
State Grant $627,000
Transfer from Special Revenue Fund 627,000
$1,254,000
Increase Appropriations:
Construction $1,254,000
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this fifth day of
December, 2007.
PAT PORTER. MAYOR
ATTEST:
Carol L. Freas, City Clerk
Introduced: November 21, 2007
Adopted: December 5, 2007
a/ Effective: December 5, 2007
Approved by Finance:_ ~`~'~`~
(11/9/2007)hl