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HomeMy WebLinkAboutOrdinance No. 2558-2011fhcCL% 0( KENAI. ALASKA Suggested by: Administration CITY OF KENAI ORDINANCE NO. 2558 -2011 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, INCREASING ESTIMATED REVENUES AND APPROPRIATIONS BY $25,000 IN THE MULTI- PURPOSE FACILITY CAPITAL PROJECT FUND. WHEREAS, the City of Kenai previously received a grant from the State of Alaska for $1,000,000 of which $250,000 was appropriated for the City's Library Expansion Project, $150,000 was appropriated for construction of the Daubenspeck Family Park and the remaining $600,000 was appropriated for street and sewer projects; and, WHEREAS, $25,000 of the remaining grant funds has been identified to perform preliminary design for the construction of an multi - purpose, indoor, artificial turf facility; and, WHEREAS, preliminary design services are an eligible project under the state grant; and, WHEREAS, during the FY12 Budget preparation process it was discussed to redirect 525,000 of the State grant funds to the multipurpose, indoor, artificial turf facility project; and, WHEREAS, in concurrence with the direction given. by Council during the FY12 Budget process, the City Manager has authorized a budget revision and transfer of $25,000 to the Multi- purpose Facility Capital Project Fund from the Street, Water and Sewer Capital Project Fund; and, WHEREAS, it is in the best interest of the citizens of Kenai to explore the feasibility of constructing a multi - purpose, indoor, artificial turf facility. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA that estimated revenues and appropriations be increased as follows: Multi- purpose Capital Project Fund Increase Estimated Revenues: Transfer from Other Funds $ 25,000 Increase Appropriations: Engineering $ 25,000 New Text Underlined; [DELETED TEXT BRACKETED] Ordinance No. 2558 -2011 Page 2 of 2 PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this first day of June, 2011. ATTEST: Carol L. Freas, ` ity Clerk Approved by Finance: PAT PORTER, MAYOR Introduced: May 18, 2001 Adopted: June 1, 2011 Effective: June 1, 2011 New Text Underlined' (DELETED TEXT BRACKETED the city e KENAI, ALASKA To: Rick Koch, City Manager 7 /From: Terry Eubank, Finance Director Date: May 12, 2011 Re: Ordinance 2558 -2011 "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 At the April 19, 2011 Council budget work session Council directed the administration to utilize $25,000 of state grant 09 -DC -214 for completion of preliminary design of a multi- purpose, indoor, artificial turf facility. Grant 09 -DC -214 was previously appropriated for street and sewer improvements. Preliminary design of the facility is an allowable expenditure of the grant. Ordinance 2558 -2011 will appropriate $25,000 transferred from the Streets and Sewer Capital Project Fund to the Multi- purpose Facility Capital Project Fund for the facilities preliminary design. The $25,000 transfer from the Streets and Sewer Capital Project Fund was authorized via City Manager budget revision and is included in this packet as an informational item.