HomeMy WebLinkAboutOrdinance No. 2609-2012(..ry u(
KE AL ALASKA
Suggested by: Administration
CITY OF KENAI
ORDINANCE NO. 2609 -2012
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, AUTHORIZING
A BUDGET TRANSFER IN THE GENERAL FUND AND INCREASING ESTIMATED
REVENUES AND APPROPRIATIONS BY 5100,000 IN THE TRAILS CONSTRUCTION
CAPITAL PROJECT FUND.
WHEREAS, $100,000 was appropriated for Central Heights street lighting upgrades as
part of the FY2012 Budget; and,
WHEREAS, subsequent to passage of the FY2012 Budget, the City received a State of
Alaska Grant for roadway improvements for which Central Heights street lighting
upgrades would be an eligible project; and,
WHEREAS, utilization of grams funds for Central Heights street lighting upgrade will
allow the original $100,000 to be redirected to a trails construction project in the City;
and,
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA, that the following budget transfer be made:
General Fund - Non - Departmental
Decrease:
Transfer to Central Heights Street Lighting
Capital Improvement Fund
Increase:
Transfer to Trails Construction
Capital Project Fund
$100,000
100,000
BE IT FURTHER ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA,
that estimated revenues and appropriations be increased as follows:
Trails Construction Capital Project Fund
Increase Estimated Revenues:
Transfer In - General Fund
Increase Appropriations:
Construction
$100,000
100,000
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Ordinance No. 2609 -2012
Page 2 of 2
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this seventh day of
March, 2012.
ATTEST:
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PAT PORTER, MAYOR
Introduced: February 15, 2012
Approved by Finance: 7' Adopted: March 7, 2012
Effective: March 7, 2012
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he city a
KENAI, ALASKA
Nyer
"Village with a Past, Ci y with a Future"
FINANCE DEPARTMENT
210 Fidalgo Avenue, Kenai, Alaska 99611 -7794
Telephone: 907 - 283 -7535 ext 221 / FAX: 907 - 283 -3014
To: Rick Koch, City Manager
S. From: Terry Eubank, Finance Director
Date: February 9, 2012
Re: Ordinance 2609 -2012
Per your request I have prepared Ordinance 2609 -2012 which will redirect $100,000 previously
appropriated to Central Heights Street Lighting Upgrades to trails construction. The ordinance
will also appropriate the $100,000 in the Trails Improvement Capital Project Fund.
Subsequent to passage of the FY2012 Budget the City received a State of Alaska grant for
municipal roadway improvement. The lighting upgrade in Central Heights is an eligible project
and utilizing these grants funds rather than the previously appropriated General Fund monies will
allow for redirection of the General Funds to the planned trail construction project.
If Ordinance 2609 -2012 is approved, trail construction is planned for this corning summer.