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HomeMy WebLinkAboutOrdinance No. 2374-2009// el~~\ ~~ the c<b a~ Suggested by: Administration CITY OF KEN1~I OI2ISIKANCE NO. 2374-2®®9 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING ESTIMATED REVENUES AND APPROPRIATIONS BY $130,000 IN THE CONGREGATE HOUSING ENTERPRISE FUND AND THE CONGREGATE HOUSING CAPITAL PROJECT FUND FOR REPLACEMENT OF THE DRY PIPE SPRINKLER SYSTEM AT THE CITY'S VINTAGE POINTE MANOR CONGREGATE HOUSING FACILITY. WHEREAS, the existing dry pipe system at the Congregate Housing has experienced air leakage and general deterioration; and, WHEREAS, the City's consulting engineer examined the system and issued a report recommending its replacement; and, WHEREAS, system replacement will ensure the dry pipe sprinkler system for Congregate Housing remains in good operating condition for the protection of the residents; and, WHEREAS, funds are available in the retained earnings of the Congregate Housing Enterprise Fund. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA that estimated revenues and appropriations be increased as follows: Congregate Housing Enterprise Fund Increase Estimated Revenues: Appropriation of Retained Earnings $130,000 Increase Appropriations: Transfer to Congregate Housing Capital Projects Fund $130,000 Congregate Housing Capital Proiects Fund Increase Estimated Revenues: Transfer from Congregate Housing Capital Projects Fund $130,000 Increase Appropriations: Construction $130,000 New Text Underlined; [DELRTED TEXT BRACKETED] Ordinance No. 2374-2009 Page 2 of 2 PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 21s~ day of January, 2009. PAT PORTER, MAYOR ATTEST: ~~~ Carol L. Freas, Clity Clerk Approved by Finance: ;~~'~ Introduced: January 7, 2009 Adopted: January 21, 2009 Effective: January 21, 2009 New Text Underlined; [DELETED TEXT BRACKETED]