HomeMy WebLinkAboutOrdinance No. 2451-2009hi "i
KENAI, ALASKA
Kenai Bluff Erosion Capital Projects Fund
Increase Estimated Revenues:
State Grants
ATTEST:
Carol L. Freas, City Clerk
Approved by Finance:
CITY OF KENAI
ORDINANCE NO. 2451 -2009
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, INCREASING
ESTIMATED REVENUES AND APPROPRIATIONS BY $2,000,000 IN THE KENAI
BLUFF STABILIZATION CAPITAL PROJECTS FUND FOR A GRANT RECEIVED FROM
THE STATE OF ALASKA DEPARTMENT OF COMMERCE AND COMMUNITY AND
ECONOMIC DEVELOPMENT.
WHEREAS, as part of the State of Alaska, fiscal year 2010 budget, the City received a
grant in the amount of S2,000,000 for its Kenai River Bluff Erosion Project;" and,
WHEREAS, the grant requires no local match; and,
WHEREAS, provisions require that prior to expending any grant funds sufficient
funding must be secured to complete the project.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA, that estimated revenues and appropriations be increased as follows:
Increase Appropriations:
Construction $2,000,000
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 21st day of
October, 2009.
CuLe.„.7 o_A -t- Qom, c
Suggested by: Administration
PAT PORTER, MAYOR
$2,000,000
Introduced: October 7, 2009
Adopted: October 21, 2009
Effective: October 21, 2009