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HomeMy WebLinkAboutResolution No. 2007-49Suggested by: Administration CITY OF KENAI RESOLUTION NO. 2007-49 A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, TRANSFERRING $140,000 IN THE RUNWAY IMPROVEMENT CAPITAL PROJECT FUND TO COVER ANTICIPATED CHANGE ORDERS. WHEREAS, the construction account for the Runway Improvement Capital Project fund is not sufficient to cover anticipated change orders on the project; and, WHEREAS, funds are available for transfer in the Administration and Engineering accounts; and, WHEREAS, change orders to the project are grant eligible. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that the following budget transfers be made: Runway Improvement Capital Project Fund From: Administration Engineering $40,000 100,000 140 000 To: Construction 140 000 PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this third day of July 2007. ATTEST Carol L. Freas, City Clerk ~, Approved by Finance: (06/27/2007) hl r ~' PAT PORTER, MAYOR