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HomeMy WebLinkAboutOrdinance No. 2417-2009the dy,f KENAI. ALASKA CITY OF KENAI ORDINANCE NO. 2417 -2009 Suggested by: Administration AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, AUTHORIZING A BUDGET TRANSFER OF $25,000 WITHIN THE GENERAL FUND AND INCREASING ESTIMATED REVENUES AND APPROPRIATIONS BY $25,000 TO PROVIDE FOR ADDITIONAL FUNDING FOR THE KENAI DOCK IMPROVEMENTS PROJECT. WHEREAS, as part of the Kenai Dock Improvements Project, the City will be replacing concrete planks on the boat launch; and, WHEREAS, the City has received bids to replace the damaged concrete planks at a cost of 562,800; and, WHEREAS, available project funds are insufficient by $25,000 to complete the project; and, WHEREAS, sufficient funds have been identified in the General Fund- Boating Facility Operating and Repair Supplies account to cover the additional funding needed. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, the following budget transfers be made and that estimated revenues and appropriations be increased as follows: Budget Transfer General Fund From: Boating Facility Operating Repair Supplies $25,000 To: Non Departmental Transfers 525,000 Appropriation Dock Improvements Capital Project Fund Increase Estimated Revenues: Transfer From General Fund $25,000 Increase Appropriations: Construction S25,000 New Text Underlined [DELETED TEXT BRACKETED] Ordinance No. 2417 -2009 Page 2 of 2 PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this seventeenth day of June, 2009. ATTEST: Carol L. Freas, City Clerk Approved by Finance:1_j..t.. -c_- PAT PORTER, MAYOR New Text Underlined [DELETED TEXT BRACKETED] Introduced: June 3, 2009 Adopted: June 17, 2009 Effective: June 17, 2009 Ike of KENAI, ALASKA "Village with a Past, Cc ty with a Future" 210 Fidalgo Avenue, Kenai, Alaska 99611 -7794 4�ra Telephone: (907) 283 -7535, Ext. 236 FAX: (907) 283 -3014 IV MEMORANDUM TO: Rick Koch, City Manager THRU: Wayne Ogle, Public Works Director FROM: Robert J. Frates, Parks Recreation Director DATE: May 28, 2009 SUBJECT: Kenai Boat Launch Ramp Replacement Project There is a projected $23,300 shortfall in the Kenai Boat Launch Ramp Replacement Project. It is anticipated a transfer of funds will be needed to meet project needs. I am projecting an excess in funds remaining in the FY09 Dock Operating /Supplies account due to the low volume of fuel sales last season. It is my recommendation we transfer $25,000 from this account to the project account. The remaining funds after transfer still allows us to meet the operational expenses for June, including projected fuel expenditures estimated at $17,500. It should be noted that administration has proposed a $30,000 reduction in fuel expenditures for Fy1 0 Operating /Supplies budget based on last year's sales. 1992