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HomeMy WebLinkAboutOrdinance No. 2572-2011theceyof KENAI, ALASKA CITY OF KENAI ORDINANCE NO. 2572 -2011 Suggested by: Administration AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING ESTIMATED REVENUES AND APPROPRIATIONS BY $1,000,000 IN THE MUNICIPAL ROADWAY PAVING CAPITAL PROJECT FUND FOR A STATE GRANT. WHEREAS, the City of Kenai received a grant from the State of Alaska for $1,000,000 to pave municipal roadways; and, WHEREAS, it is in the best interest of the City of Kenai to appropriate these grant funds for the purpose intended. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA that estimated revenues and appropriations be increased as follows: Municipal Roadway Paving Capital Project Fund Increase Estimated Revenues: State Grant $1,000,000 Increase Appropriations: Construction $1,000,000 PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this third day of August, 2011. ATTE T: Corene Hall, Deputy City Clerk Approved by Finance: y�2tifi� JOE -TORE, PRESIDENT PRO TEMPORE Introduced: July 20, 2011 Adopted: August 3, 2011 Effective: August 3, 2011 New Text Underlined' [DELETED TEXT BRACKETED]