HomeMy WebLinkAboutOrdinance No. 2377-2009~~.~
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CITY ®F KENAI
Suggested by: Administration
®RDINANCE NC>. 2377-2009
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, INCREASING
ESTIMATED REVENUES AND APPROPRIATIONS BY $200,500 IN THE AIRPORT
SPECIAL REVENUE FUND AND THE COURTHOUSE PARKING CAPITAL PROJECT
FUND FOR CONSTRUCTION.
WHEREAS, the State of Alaska has requested the City of Kenai to construct a parking
lot on City property adjacent to the Kenai Courthouse; and,
WHEREAS, the City previously appropriated $25,000 for design and engineering for
the project via Ordinance No. 2330-2008.
WHEREAS, the State of Alaska intends to lease the parking lot from the City on a long
term lease; and,
WHEREAS, this lease would provide revenue to the Airport Fund; and,
WHEREAS, it is in the best interest of the City of Kenai to construct the parking lot at
this time; and,
WHEREAS, funds are available in the fund balance of the Airport Fund.
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 $200,500
Increase Appropriations:
Transfer to Capital Project Fund $200,500
Courthouse Parking Capital Proiect Fund
Increase Estimated Revenues:
Transfer from Airport Special Revenue Fund $200,500
Increase Appropriations:
Construction $200,500
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this fourth day of
February, 2009.
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Ordinance No. 2377-2009
Page 2 of 2
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PAT PORTER, MAYOR
ATTEST: ~`'~
Yt-e-- I
Corene Hall, Acting City Clerk
Approved by Finance: - ~ ;~--~
Introduced: January 21, 2009
Adopted: February 4, 2009
Effective: February 4, 2009
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