HomeMy WebLinkAboutOrdinance No. 2539-2011he d l y of
KENAI, ALASKA
CITY OF KENAI
ORDINANCE NO. 2539 -2011
Suggested by: Administration
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, INCREASING
ESTIMATED REVENUES AND APPROPRIATIONS BY $300,000 IN THE GENERAL
FUND AND BY $401,500 IN THE LIBRARY IMPROVEMENTS CAPITAL PROJECT
FUND TO PROVIDE ADDITIONAL FUNDING FOR COMPLETION OF THE LIBRARY
EXPANSION PROJECT.
WHEREAS, the total cost of the proposed 10,000 square foot expansion and
renovation of the existing section of the Kenai Library is projected to be 6,113,411;
and,
WHEREAS, additional funding is needed to assure adequate funds are available to
furnish the new section of the library and to complete the remaining construction and
renovation; and,
WHEREAS, the City has received an additional $95,000, bringing the project total to
5510,000, from the Friends of Kenai Community Library (The Friends) for the project.
Included in The Friends donation total of $510,000 is $150,000 from the British
Petroleum Foundation, $25,000 from Conoco Phillips, S20,000 from Brown Insurance,
$10,000 from Jim and Nedra Evenson, S10,000 from First National Bank Alaska, and
$5,000 from Cliff and Kathy Heus; and,
WHEREAS, the City received an additional $1,500, bringing the project total to
$5,500, donation from the Wal -Mart Corporation for the project; and,
WHEREAS, to date the City has earned approximately
unspent project funds; and,
WHEREAS, the remaining $300,000 for the project will come from General Fund's
Capital Reserve Fund.
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 Estimate Revenues:
Appropriation of Designated Fund Balance
Capital Improvement Reserve Fund
New Text Underlined [DELETED TEXT BRACKETED]
5,000 in interest earnings on
$300,000
Increase Appropriations:
Transfer to Library Improvements Capital Project Fund $300,000
Ordinance No. 2539 -2010
Page 2 of 2
Library Improvements Capital Project Fund
Increase Estimated Revenues:
Transfer In General Fund
Donations Friends of the Kenai Community Library
Donations Wal -Mart Corporation
Interest Earnings
Increase Appropriations:
Machinery Equipment
Charges From Other Departments
Construction
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this second day of
March, 2011.
ATTEST:
Carol L. Freas, City Clerk
Approved by Finance:
PAT PORTER,
New Text Underlined; [DELETED TEXT BRACKETED]
$300,000
95,000
1,500
5,000
$401 500
AYOR
$215,000
52,000
143,500
$401,_500
Introduced: February 16, 2011
Adopted: March 2, 2011
Effective: March 2, 2011
the cuyof
KENAI, ALASKA
"l/cflaye with a Past, Git with a Future
210 Fidalgo Avenue, Kenai, Alaska 99611- 7794i
Telephone: (907) 283 -7535, Ext. 236 FAX: (907) 283 -3014 tl 1t
TO: Rick Koch, City Manager
FROM: Kevin Lyon, Capital Projects Manager
DATE: February 9, 2011
SUBJECT: Ordinance 2539- 2011
MEMO' •,\DUM
This Ordinance is to appropriate funds to the Kenai Library Improvements Capital Fund received
from donations and general funds necessary to complete the project. With the passage of
Ordinance 2491 -2010 and Ordinance 2492 -2010 the City has contributed $40,000 from the
general fund to the project.
In the memo provided to Council, dated August 24, 2010 it was detailed that the estimated
contingency would be depleted with the award of construction change order #2 the existing
library re -roof. The re -roof costs were approximately $100,000 higher than what was
appropriated for both the re -roof and the circulation desk due to the roof containing asbestos and
dry rot located in the soffits. Change order #2 was approved by Council on September 1, 2010.
To date an additional $95,000 been raised through Friends of the Library Donations, $1,500 from
Wal -Mart These donations were intended to help complete and furnish the building. There is
$5,000 in interest earnings for a total of $101,500 that is available for the project.
Below it the projected use of these funds, as necessary to complete the remodel and to provide
furnishings for the facility:
It should be noted that the appropriation of the additional $300,000 from the Capital improvement
Reserve Fund will require five affirmative votes of the Council for passage.
/1
1992
Expenditures To Date
Budget Increase
Project Total
Design
$743,476.00
$47,044.39
$790,520.39
Contract Admin
541,163.25
$25,000.00
566,163.25
Construction
$4,737,527.70
$147,000.00
$4,884,527.70
Utilities
$38,263.43
$6,400.00
$44,663.43
FF &E
5215,000.00
5215,000.00
Contingency
$112,536.23
$112,536.23
Total
$552,980.62
$6,113,411.00
the cuyof
KENAI, ALASKA
"l/cflaye with a Past, Git with a Future
210 Fidalgo Avenue, Kenai, Alaska 99611- 7794i
Telephone: (907) 283 -7535, Ext. 236 FAX: (907) 283 -3014 tl 1t
TO: Rick Koch, City Manager
FROM: Kevin Lyon, Capital Projects Manager
DATE: February 9, 2011
SUBJECT: Ordinance 2539- 2011
MEMO' •,\DUM
This Ordinance is to appropriate funds to the Kenai Library Improvements Capital Fund received
from donations and general funds necessary to complete the project. With the passage of
Ordinance 2491 -2010 and Ordinance 2492 -2010 the City has contributed $40,000 from the
general fund to the project.
In the memo provided to Council, dated August 24, 2010 it was detailed that the estimated
contingency would be depleted with the award of construction change order #2 the existing
library re -roof. The re -roof costs were approximately $100,000 higher than what was
appropriated for both the re -roof and the circulation desk due to the roof containing asbestos and
dry rot located in the soffits. Change order #2 was approved by Council on September 1, 2010.
To date an additional $95,000 been raised through Friends of the Library Donations, $1,500 from
Wal -Mart These donations were intended to help complete and furnish the building. There is
$5,000 in interest earnings for a total of $101,500 that is available for the project.
Below it the projected use of these funds, as necessary to complete the remodel and to provide
furnishings for the facility:
It should be noted that the appropriation of the additional $300,000 from the Capital improvement
Reserve Fund will require five affirmative votes of the Council for passage.
/1
1992