HomeMy WebLinkAboutOrdinance No. 2384-2009- ~~\
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Suggested by: Administration
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ORDINANCE NO. B3i34-009
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, REDUCING
ESTIMATED REVENUES AND APPROPRIATIONS PREVIOUSLY APPROPRIATED BY
ORDINANCE NO. 2342-2008 BY $63,609 IN THE AIRPORT FUND AND IN THE
AIRPORT EQUIPMENT CAPITAL PROJECT FUND FOR THE PURCHASE OF SNOW
REMOVAL EQUIPMENT.
WHEREAS, Ordinance No. 2342-2008 appropriated funds for the purchase of a new
plow for an existing piece of equipment at the airport; and,
WHEREAS, Ordinance No. 2342-2008 indicated that the purchase had been approved
for Federal Aviation Administration (FAA) grant funding but was awaiting the
availability of funds in order to award the grant; and,
WHEREAS, grant funds are now available and the City has been awarded a grant
totaling $54,230 comprised of 95% FAA $52,840, 2.5% State of Alaska $1,390 and
requiring a 2.5% local share of $1,391; and,
WHEREAS, the funding provided by Ordinance No. 2342-2008 may now be reduced as
intended by $63,609 leaving the required local match of $1,391 for the project.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA, that estimated revenues and appropriations be decreased as follows:
Airport Fund
Decrease Estimated Revenues:
Appropriation of Fund Balance $63,609
Decrease Appropriations
Transfer to Capital Projects Fund $63,609
Airport Equipment Capital Proiect Fund
Decrease Estimated Revenues:
Transfer from Airport Fund $63,609
Decrease Appropriations
Machinery & Equipment $63,609
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Ordinance No. 2384-2009
Page 2 of 2
PASSED BY THE COUNCIL OF THE CITY OF K NAI, ALASKA, this fourth day of
March, 2009. -~ /_ /,'- _ // /1
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PAT PORTER, MAYOR
Introduced: February 18, 2009
Adopted: March 4, 2009
Effective: March 4, 2009
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