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HomeMy WebLinkAboutOrdinance No. 2316-2008Suggested by: Administration CITY OF KENAI ORDINANCE NO. 2316-2008 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING ESTIMATED REVENUES AND APPROPRIATIONS BY $24,800 FOR REPAIR OF THE RETAINING WALL ON SOUTH FOREST DRIVE. WHEREAS, the retaining wall at the end of South Forest Drive was damaged; and, WHEREAS, the persons responsible for the damage will make restitution through their insurance companies; and, WHEREAS, the street department repairs and maintenance account does not have sufficient funds to meet this and other needs through the end of the year: and, WHEREAS, the administration recommends the estimated insurance proceeds be appropriated for the repair project. 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: Restitution Increase Appropriations: Street Department -Repair and Maintenance $24,800 $24,800 PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this fourth day of June, 2008. ~~ i ~~~'~i4~~C PAT PORTER, MAYOR ATTEST: Carol L. Freas, City Clerk Approved by Finance: (~;~, V (OS/ 14/2008) ch Introduced: Adopted: Effective: May 20, 2008 June 4, 2008 June 4, 2008