HomeMy WebLinkAboutOrdinance No. 2305-2008Suggested by: Administration
CI'SY OF KEN.9I
ORDINANCE NO. 23®5-2008
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING
ESTIMATED REVENUES AND APPROPRIATIONS BY $35,000 IN THE AIRPORT
SPECIAL REVENUE FUND AND THE AIRPORT STORAGE BUILDING CAPITAL
PROJECT FUND FOR BID AND CONSTRUCTION PHASE ENGINEERING.
WHEREAS, the Federal Aviation Administration has indicated their intent to provide a
grant for a urea storage building at the Airport; and,
WHEREAS, initial design work is done; and,
WHEREAS, the project must be bid prior to the Federal Aviation Administration
making the grant offer; and,
WHEREAS, the engineering budget needs to be increased for the bidding and
construction phases of the project; and,
WHEREAS, funds are available in the fund balance of the Airport Special Revenue
fund; and,
WHEREAS, these expenditures are grant eligible and will be reimbursed if the Federal
Aviation Administration offers a grant.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA that estimated revenues and appropriations be increased as follows:
Airport Special Revenue Fund
Increase Estimated Revenues:
Appropriation of Fund Balance $35,000
Increase Appropriations:
Transfers to Capital Project Fund $35,000
Airport Storage Buildings Capital Project Fund
Increase Estimated Revenues:
Transfers from Special Revenue Fund $35,000
Increase Appropriations:
Engineering $35,000
Ordinance No. 2305-2008
Page 2 of 2
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 20th day of May,
2008.
(CJG~,
\ ~1`~/
PAT PORTER, MAYOR
ATTEST: ~p p
Carol L. Freas, City Clerk ~ /
Approved by Finance:
(04/28/2007) hl
Introduced: May 7, 2008
Adopted: May 20, 2008
Effective: May 20, 2008