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HomeMy WebLinkAboutOrdinance No. 2341-2008~. ~s ~, ~, the ~~[y a f KENA~ SKA CITY ®F KENAI Suggested by: Administration 1V0. 2341-2008 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, INCREASING ESTIMATED REVENUES AND APPROPRIATIONS BY $198,000 IN THE AIRPORT FUND AND IN THE AIRPORT IMPROVEMENT CAPITAL PROJECT FUND FOR THE DESIGN OF. THE AIRPORT APRON PAVEMENT REHABILITATION. WHEREAS, the Airport is requesting to commence engineering and design of the Kenai Municipal Airport Apron Pavement Rehabilitation Project; and, WHEREAS, the FAA requires the City to complete the design and bid process prior to completing the grant application; and, WHEREAS, the administration has received confirmation that these services will be eligible for 95% FAA and 2.5% State of Alaska reimbursement upon completion of the grant application and awarding of the 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 Fund Increase Estimated Revenues: Appropriation of Fund Balance $198,000 Increase Appropriations Transfer to Capital Projects Fund $198,000 Airport Improvement Capital Project Fund Increase Estimated Revenues: Transfer from Airport Fund X198,000 Increase Appropriations Engineering $198,000 PASSED BY. THE COUNCIL OF THE CITY OF NAIL-S- ,this hird day of September, 2008. (~C~.J~/~~~ PAT PORTER, MAYOR ATTEST®~ p ~j~' Carol L. Freas, City Clerk /} Approved by Finance: Z Introduced: August 20, 2008 Adopted: September 3, 2008 Effective: September 3, 2008 New Text Underlined; [DELETED TEXT I3FLACKETED]