HomeMy WebLinkAboutOrdinance No. 2387-2009"4,ti'~\
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Suggested by: Administration
cYTY OF KEI3E~I
oYtnalvalvcE No. 23~~-2009
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, REDUCINCI
ESTIMATED REVENUES AND APPROPRIATIONS PREVIOUSLY APPROPRIATED BY
ORDINANCE NO. 2341-2008 BY $179,004 IN THE AIRPORT FUND AND IN THE
AIRPORT EQUIPMENT CAPITAL PROJECT FUND FOR THE APRON PAVEMENT
REHABILITATION PROJECT.
WHEREAS, Ordinance No. 2341-2008 appropriated funds for the design phase of the
Airport Apron Pavement Rehabilitation Project and,
WHEREAS, Ordinance No. 2341-2008 indicated that the project 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 $740,832 comprised of 95% FAA $721,837, 2.5% State of Alaska $18,995 and
requiring a 2.5% local share of $18,996; and,
WHEREAS, the funding provided by Ordinance No. 2341-2008 may now be reduced as
intended by $179,004 leaving the required local match of $18,996 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 $179,004
Decrease Appropriations
Transfer to Capital Projects Fund $179,004
Airport Equipment Capital Project Fund
Decrease Estimated Revenues:
Transfer from Airport Fund $179,004
Decrease Appropriations
Engineering $1.79,004
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Ordinance No. 2387-2009
Page 2 of 2
PASSED BY THE COUNCIL OF THE CITY OF ENAI, ALASKA, this fourth day of
March, 2009. __.~ ~--~
PAT PORTER, MAYOR
ATTEST:
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Carol L. Freas, City Clerk
Approved by Finance: .~ ~ ~~~ ~
Introduced: February 18, 2009
Adopted: March 4, 2009
Effecfive: March 4, 2009
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