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HomeMy WebLinkAboutResolution No. 2007-50Suggested by: Administration CYTY OF KENAI RESOLUTION NO. 200'7-50 A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, TRANSFERRING $18,340.24 IN THE 99 STREET IMPROVEMENTS CAPITAL PROJECT FUND TO CLOSE OUT A GRANT. WHEREAS, the 99 Street Improvement Capital Project Fund accounts for a state grant for street improvement projects; and, WHEREAS, the grant needs to be closed out; and, WHEREAS, all remaining funds in the Administration and Engineering accounts need to be moved to Construction so that anticipated road construction expenditures can be charged to the grant. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that the following budget transfers be made: 99 Street Improvement Capital Project Fund From: Administration $4,178.64 Engineering 14,161.60 $18.340.24 To: Construction $18.340.24 PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this third day of July 2007. ~~~ ~°.~- PAT PORTER, MAYOR ATTEST Carol L. Freas, City Clerk Approved by Finance:-~ "~" (06/27/2007) hl