Loading...
HomeMy WebLinkAboutOrdinance No. 2630-2012the ei y of HEI A ALASKA Suggested by: Administration CITY OF KENAI ORDINANCE NO. 2630 -2012 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING ESTIMATED REVENUES AND APPROPRIATIONS IN THE GENERAL FUND FOR PROFESSIONAL SERVICES OBSERVING AND MONITORING THREE DIMENSIONAL SEISMIC SURVEYING BEING CONDUCTED ON CITY PROPERTY AND IN CITY RIGHT - OF -WAYS. WHEREAS, Buccaneer Alaska LLC has conducted three dimensional seismic surveying within the City for the purpose of mapping existing natural gas deposits as well as identifying new deposits for exploration and development; and, WHEREAS, the Oil &, Gas industry has a been critical in the success and development of the City; and, WHEREAS, the City issued an excavation permit allowing Buccaneer Alaska, LLC and its contractors access to City property and right -of -ways for the purpose of three dimensional seismic surveying; and, WHEREAS, in order to insure the safety of the public and the City's infrastructure, the excavation permit required Buccaneer Alaska LLC to reimburse the City for the cost of an independent third party to observe seismic surveying activity when in close proximity to public structures or City infrastructure; and, WHEREAS, future oil and gas exploration and development will be critical to the City in maintaining quality, high paying jobs for the citizens of Kenai and requiring a independent observer will help insure protection of public and private property during seismic surveying activity. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that estimated revenues and appropriations be increased as follows: General Fund Increase Estimated Revenues: Miscellaneous Income 16,005 Increase Appropriations: Manager - Professional Services $16,005 New Text Underlined- [DELETED TEXT BRACKETED] Ordinance No. 2630 -2012 Page 2 of 2 PASSED BY THE COUNCIL OF THE CITY OF ALASKA, t s 6th day of May, 2012. ATTEST: /! Corene Hall, CMC, Depu Approved by Finance: RYAN , VIC "-`1' YOR Introduced: May 2nd, 2012 Adopted: May 16th, 2012 Effective: May 16th, 2012 New Text Underlined' [DELETED TEXT BRACKETED] KENAI, A KA N✓ '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 From: Terry Eubank, Finance Director Date: April 24, 2012 Re: Ordinance 2630 -2012 The purpose of this memo is to provide additional information in support of Ordinance 2630- 2012 which will appropriate funds billed and to be received from Buccaneer Alaska LLC (BA LLC). BA LLC has conducted three dimensional seismic surveying of the Kenai area in an effort to map existing and identify new deposits of natural gas for exploration and development. BA LLC requested and was granted an excavation pennit for access to City owned lands and right -of- ways in performance of the seismic surveying. As a condition of that permit, and in an effort to protect public and private property, BA LLC was required to reimburse the City for an independent observer who was present during seismic mapping when in proximity to public structures or City infrastructure. The City contracted with the engineering firm of Hattenburg Dilley and Linnell for these observation services at a total cost of $16,005. This ordinance will appropriate the funds billed to BA LLC for the payment of these services.