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HomeMy WebLinkAboutOrdinance No. 2510-2010c o( K NAL ALASKA CITY OF KENAI ORDINANCE NO. 2510 -2010 Suggested by: Administration AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, INCREASING ESTIMATED REVENUES AND APPROPRIATIONS IN THE AIRPORT IMPROVEMENT CAPITAL PROJECT FUND FOR PHASE 1 OF THE FLOAT PLANE BASIN DEVELOPMENT. WHEREAS, City of Kenai Ordinance 2431 -2009 appropriated $60,000 from the Airport Special Revenue Fund for completion of a supplemental environmental assessment at the Kenai Airport's Float Plane Basin; and, WHEREAS, the City has received a grant offer from the Federal Aviation Administration to fund the Supplemental Environmental Assessment and complete design on Phase 1 of the Basin's Development; and, WHEREAS, grant funds have been awarded totaling $204,867 comprised of 95% FAA $199,614, 2.5% State of Alaska $5,253 and requiring a 2.5% local share of $5,253; and, WHEREAS, funds appropriated by Ordinance 2431 -2009 are allowable as project match with the excess $54,747 ($60,000 original appropriation less $5,253 required matching funds) available to be returned to the Airport Special Revenue Fund. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that estimated revenues and appropriations be increased as follows: Airport Improvements Capital Project Fund Increase Estimated Revenues: Federal Grant State Grant Increase Estimated Appropriations: Transfer to Airport Special Revenue Fund 54,747 Administration 4,120 Engineering 146 000 $204,867 New Text Underlined; [DELETED TEXT BRACKETED] $199,614 5,253 $204,867 Ordinance No. 2510 -2010 Page 2 of 2 PASSED BY THE COUNCIL OF THE CITY OF NAI e SKA thi first day of September, 2010. air ATTEST: Carol L. Freas, City Clerk Approved by Finance: PAT PORTE', MAYOR New Text Underlined [DELETED TEXT BRACKETED] Introduced: August 18, 2010 Adopted: September 1, 2010 Effective: September 1, 2010 Memo Cc: Terry Eubank Finance Director "SevvCn'ihe/Gveater Kevta+. P e Lvtsula; 305 N. WILLOW ST. SUITE 200 KENAI, ALASKA 99611 TELEPHONE 907-283-7951 FAX 907 2833737 www.ci.kenai.ak.us. To: Rick R. Koch City Manager From: Mary Bondurant Airport Manag Date: August 11, 2010 Subject: FAA Grant Offer "Float Plane Basin Phase 1" In August of 2009, the City appropriated $60,000 to conduct a Supplemental Environmental Assessment to address the projects associated with the float plane basin development. The assessment is concluded and the FAA has been given approval to issue a grant. A federal grant application for $210,120 was submitted to the FAA on July 28, 2010 and the City has received the FAA's grant offer for $199,614 (95 The Airport and State of Alaska are each responsible for 2.5% of this project or $5,253. The grant reimburses the Airport's cost for the Supplemental Environmental Assessment and starts the design process.