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HomeMy WebLinkAboutOrdinance No. 2155-2006Suggested by: Council CITY OF KENAd ORDINANCE NO. 2155-2006 AN ORDINANGE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, INCREASING ESTIMATED REVENUES AND APPROPRIATIONS BY $24,000 FOR UTILITIES FOR THE CHALLENGER LEARNING CENTER (CHALLENGER CENTER) OF ALASKA. WHEREAS, the Challenger Center is a non-profit corporation dedicated to providing science and technology education; and, WHEREAS, the Challenger Center is currently suffering from a cash shortage; and, WHEREAS, the Challenger Center is trying to reorganize and streamline its operations in order to maintain its solvency; and, WHEREAS, the City of Kenai will receive the building if the Challenger Center is closed; and, WHEREAS, should the City receive the building, the City will incur costs in maintaining the building even without operating the facility; and, WHEREAS, assistance by the City in paying utilities of approximately $4,000 per- month for suc months will assist the Challenger Center in reorganizing in order to have it become both self-sufficient and solvent; and, WHEREAS, it is in the best interest of the City of Kenai to provide for payment of six months of utilities equaling approacimately $24,000 for the Challenger Center. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA that estimated revenues and appropriations are increased as follows: General Fund Increase Estimated Revenues: Appropriation of Fund Balance $24,000 Increase Appropriations: Legislative: Miscellaneous $24,000 PASSED BY THE COUNCIL OF THE CITY OF KENAI LASKA this 19th day of April, 2006. ~ ~~~~~~~~ ATTEST: PAT PORTER, MAYOR ~~~ ~ ~~~ Carol L. Freas, City Clerk Introduced: April S, 2006 Adopted: April 19, 2006 I' Effective: April 19, 2006 Approved by Finance: r~~ ~