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HomeMy WebLinkAboutOrdinance No. 2551-2011,ty KENAI, SKI! CITY OF KENAI ORDINANCE NO 2551 -2011 Suggested by: Administration AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, INCREASING ESTIMATED REVENUES AND APPROPRIATIONS BY S175,000 IN THE BRIDGE ACCESS WATER SEWER CAPITAL PROJECT FUND, $93,714 IN THE WATER SEWER SPECIAL REVENUE FUND, AND BY $895,714 IN THE WELLHOUSE 4 CAPITAL PROJECT FUNDS FOR A STATE OF ALASKA MUNICIPAL MATCHING GRANT FOR THE CONSTRUCTION OF A WATER TREATMENT FACILITY AND DRILLING OF A NEW WATER PRODUCTION WELL. WHEREAS, the City has received a $627,000 Municipal Matching Grant from the State of Alaska for construction of a new water treatment facility and drilling of a new production well. The grant requires a 30% match ($268,714) that will be provided by Water and Sewer funds; and, WHEREAS, the Bridge Access Water Sewer Capital Project Fund was fronted S 175,000 from the Water Sewer Special Revenue Fund for project start -up; and, WHEREAS, the Bridge Access Water Sewer Capital Project is near completion and the fronted $175,000 is no longer needed and is available for other projects; and, WHEREAS, sufficient funds, $93,714, exist in the Water Sewer and were identified in the City's recent Utility Rate Study as available for construction projects; and, WHEREAS, construction of the treatment facility and increasing the reliable supply of water with a new production well is in the best interest of the utility's rate payers and the citizens of Kenai. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that estimated revenues and appropriations be increased as follows: Bridge Access Water Sewer Capital Project Fund Increase Estimated Revenues: Appropriation of Fund Balance 175,000 Increase Expenditures: Transfer to Well House 4 Capital Project Fund $175,000 New Text Underlined [DELETED TEXT BRACKETED] Ordinance No. 2551 -2011 Page 2 of 2 Water Sewer Special Revenue Fund Increase Estimated Revenues: Appropriation of Fund Balance Increase Expenditures: Transfer to Wellhouse 4 Capital Project Fund $93,714 Wellhouse 4 Capital Project Fund Increase Estimated Revenues: State Grant Transfer from Other Funds 2011. A I'I'EST: Increase Appropriations: Construction $895,714 PASSED BY THE COUNCIL OF THE CITY OF KENAI,ALASKA this 20th day of April, Carol L. Freas, City Clerk Approved by Finance: PAT PORTER, MAYOR New Text Underlined; [DELETED TEXT BRACKETED] $93,714 $627,000 268,714 Introduced: April 6, 2011 Adopted: April 20, 2011 Effective: April 20, 2011 the ct y of KENA� SKA "Village with a Past, Gc with a Future 210 Fidalgo Avenue, Kenai, Alaska 99611 -7794 I I o„ Telephone: (907) 283 -7535, Ext. 236 FAX: (907) 283 -3014 t I I i MEMO NOUN/ TO: Rick Koch, City Manager FROM: Kevin Lyon, Capital Projects Manager DATE: March 31, 2011 SUBJECT: Ordinances 2549 -2011, 2550 -2011, and 2551 -2011 In 2009 the City of Kenai received a $945,000 appropriation for "New Water Transmission Mains (Phase II), Wellhouse" through the Department of Environmental Conservation Municipal Matching Grant Program. In 2010 the City of Kenai also received two more appropriations one of $2,070.100 for "New Water Transmission Mains (phase II), Wellhouse"; and one of $627,000 for "Water Treatment Plant Upgrades Phase III Both appropriations are through the Department of Environmental Conservation Municipal Matching Grant Program. All three of these grants have a 30% match requirement. Funds are available in the Water and Sewer fund to provide the required match. These grants will be used to fund construction of the new water treatment facility scheduled for construction to begin in May 2011. 1992