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HomeMy WebLinkAboutOrdinance No. 2150-2006Suggested by: Administration CITY OF KENAI ORDYNANCE NO. 2150-2006 AN ORDINANCE INCREASING ESTIMATED REVENUES AND APPROPRIATIONS BY $20,000 IN THE AIRPORT LAND SYSTEM SPECIAL REVENUE FUND AND THE RUNWAY SAFETY AREA IMPROVEMENTS CAPITAL PROJECT FUND. WHEREAS, the Airport Master Plan calls far certain improvements to the main runway including new runway lighting, overlay of runway pavement, pavement of runway shoulders, and a 200 foot extension of the runway to provide required safety area on the south end of the runway; and, WHEREAS, the FAA has included $8,800,000 for this project in their future financial plan; and, WHEREAS, additional money is needed to complete the design and engineering to develop bid documents and to actually obtain bids prior to submitting a final grant application to the FAA; and, WHEREAS, the Airport Land System Special Revenue F~and has sufficient money available in F~znd Balance. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that estimated revenues and appropriations be increased as follows: Airport Land Svstem Special Revenue Fund Increase Estimated Revenues: Appropriation of Fund Balance $20,000 Increase Appropriations: Transfer to Capital Project F~ind $20,000 Runwav Safetv Area Improvements Capital Proiect Fund Increase Estimated Revenues: Transfer from Special Revenue Fund $20,000 Increase Appropriations: Engineering $20,000 Ordinance No. 2150-2006 ' Page 'l~vo PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 15th day of March, 2006. ~ .---~ . ~ 1 / AT PORTER, MAYOR A1`TEST: -~~°U/~ Carol L. Freas, City Clerk Introduced: March 1, 2006 Adopted: March 15, 2006 Effective: March 15, 2006 Approved by Finance: a / (02/ 15/2006)hl