HomeMy WebLinkAboutOrdinance No. 2394-2009c
KENAI, ALASKA
CITY OF KENAI
ORDINANCE NO. 2394 -2009
SUBSTITUTE
Suggested by: Administration
AN ORDINANCE OF THE COUNCIL OF THE CITY OF' KENAI, ALASKA, INCREASING
ESTIMATED REVENUES AND APPROPRIATIONS BY $107,983 IN THE AIRPORT
FUND AND BY 54,319,316 IN THE RUNWAY IMPROVEMENT CAPITAL PROJECT
FUND FOR ADDITIONAL PHASES OF THE AIRPORT APRON PAVEMENT
REHABILITATION PROJECT.
WHEREAS, Ordinance No. 2386 -2009 and Ordinance No. 2395 -2009 appropriated
funds for Phase A and B of the Airport Apron Rehabilitation Project which is projected
to have a total project cost of $7,967,396.35; and,
WHEREAS, FAA 2008 -2009 Entitlement and Discretionary grant funds totaling
$4,319,316 are now available for the final phase of the project and the City has been
awarded a grant totaling $4,319,316 comprised of 95% FAA 54,103,350, 2.5% State of
Alaska S 107,983 and requiring a 2.5% local share of $107,983.
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
$107,983
Increase Appropriations:
Transfer to Capital Project Fund $107,983
Airport Runway Improvement Capital. Project Fund
Increase Estimated Revenues:
Federal Grant Revenue $4,103,350
State Grant Revenue 107,983
Transfer from Airport Fund 107,983
5 4,319,316
Increase Appropriations
Administration 75,891
Engineering 382,579
Construction 3,860,846
5 4,319,316
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SUBSTITUTE
Ordinance No. 2394 -2009
Page 2 of 2
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this first day of July,
2009.
ATTEST:
Carol L. Freas; City Clerk
Approved by Finance:
PAT PORTER, MAYOR
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Introduced: March 18, 2009
Postponed: April 1, 2009
Adopted: July 1, 2009
Effective: July 1, 2009