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HomeMy WebLinkAboutOrdinance No. 2321-2008Suggested by: Administration CITY OF KENAI ORDINANCE NO. 2321-2008 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING ESTIMATED REVENUES AND APPROPRIATIONS BY $250,000 IN THE LIBRARY EXPANSION CAPITAL PROJECT FUND AND $'750,000 IN THE STREET AND SEWER CAPITAL PROJECT FUND FOR PUBLIC IMPROVEMENTS. WHEREAS, the City of Kenai was awarded a grant from the State of Alaska for $1,000,000 for public improvements; and, WHEREAS, the $1,000,000 can be used for any public improvement; and, WHEREAS, the Library Expansion Project is grant eligible; and, WHEREAS, it is in the best interest of the City of Kenai to use $250,000 of this grant as funding for the Library Expansion Project; and, WHEREAS, the City's Capital Improvement Plan has identified street improvements that need to be funded; and, WHEREAS, it is in the best interest of the City of Kenai to appropriate $750,000 in the Street and Sewer Capital Project Fund. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA that estimated revenues and appropriations be increased as follows: Librarv Expansion Capital Proiect Fund Increase Estimated Revenues: State Grants $250,000 Increase Appropriations: Construction $250,000 Street and Sewer Capital Project Fund Increase Estimated Revenues: State Grants $750,000 Increase Appropriations: Construction $750,000 Ordinance 2321-2008 Page 2 PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this second day of July, 2008. ~~~ P\~AT~/PORTER, MAYOR ATTEST: f~ i°'f ~ ~ ~;~~1~-~1~ Carol L. Freas, City Clerk Approved by Finance: ~:'a (06/ 10/2008) hl Introduced: June 18, 2008 Adopted: July 2, 2008 Effective: July 2, 2008 ~~~\ ,~,~~ , tl~eclyaf KENA~ SKA "V°r'la~ye went a Past, Gc'ty wit~i a Fr~t~v~e~~ 210 Fidalgo Avenue, Kenai, Alaska 99611-7794 ~ II~r Telephone: 907-283-7535 /FAX: 907-283-3014 1992 MEMO: TO: City Council FROM: Rick Koch DATE: June 12, 2008 SUBJECT: Ordinance Number 2321-2008, State Grant, $ 1 Million for Public Improvements Administration recommends Council approval of the above referenced ordinance. The purpose of this action is to appropriate a state grant contained in the SFY 09 capital budget that becomes effective July 1, 2008. In a communication to Governor Pa13n and Office of Management and Budget Director Rehfeldt regarding the anticipated use of the State grant, we identified using $ 250,000 for design activities associated with the Library expansion, $ 250,000 for the Bluff Erosion Project, and $ 500,000 for roadway improvements. This appropriation provides $ 250,000 for the Library expansion and $ 750,000 for roadway improvements. At this time we are not recommending appropriatilg funds to the Bluff Erosion Project until the U.S. Corp of Engi2eers completes the pre-engineering, preliminary environmental report, and their report has been presented to the administration and Council. Thank you for your attention in this matter. If you have any questions please contact me at your earliest convenience.