HomeMy WebLinkAboutResolution No. 2012-31the a0, of
KENAI, ALASKA
Suggested by: Administration
CITY OF KENAI
RESOLUTION NO. 2012 -31
A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, AUTHORIZING
A BUDGET TRANSFER WITHIN THE GENERAL FUND - FOR EXTERNAL LEGAL
ASSISTANCE RELATED TO LAND ISSUES.
WHEREAS, the City has retained outside legal counsel for assistance with land issues
related to the Cook Inlet Natural Gas Storage Alaska Facility; and,
WHEREAS, current budget is insufficient and an additional
services through June 30, 2012; and,
35,000 is needed for
WHEREAS, sufficient contingency funds are available for this unbudgeted
expenditure.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA, the following budget transfer be made:
General Fund -
From:
Non - Departmental - General Contingency
$35,000
To:
City Manager - Professional Services $35,000
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this sixth day of June,
2012.
ATTEST:
Sainds _ !odigh, City Cle
Approved by Finance:
PAT PORTER, MAYOR
tlrc city
KENAI, ALASKA
"Village with a Past, Cc et 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: May 29, 2012
Re: Resolution 2012 -31
At your request 1 have prepared Resolution 2012 -31 to provide additional funding for outside
legal services in connection with land issues regarding Cook Inlet Natural Gas Storage Alaska.
The resolution will provide an additional $35,000 for these services in you department's
professional services account.
Through April 30, 2012 the City has been invoiced $94,869.57 for legal services associated this
issue and expects additional activity in May and June. $35,000 should be sufficient for May and
June and an additional $40,000 was included in the FY2013 Budget for services after June 30.