HomeMy WebLinkAboutOrdinance No. 2589-2011Meat' of
Al.
Suggested by: Administration
CITY OF KENAI
ORDINANCE NO. 2589 -2011
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING
ESTIMATED REVENUES AND APPROPRIATIONS BY $1,750,000 IN THE KENAI
BLUFF STABILIZATION CAPITAL PROJECT FUND FOR A STATE GRANT.
WHEREAS, the City of Kenai received a grant from the State of Alaska for
for its Kenai River Bluff Erosion Project; and,
1,750,000
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:
Kenai Bluff Stabilization Capital Project Fund
Increase Estimated Revenues:
State Grant
Increase Appropriations:
Construction
$1,750,000
$1,750,000
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this second day of
November, 2011.
ATTEST:
Corene Hall, Deputy City Clerk
Approved by Finance: '
czt'
PAT PORTER, MAYOR
Introduced: October 19, 2011
Adopted: November 2, 2011
Effective: November 2, 2011
New Text Underlined. [DELETED TEXT BRACKETED]
"Village with a Past, Gi with a Future"
MEMO:
210 Fidalgo Avenue, Kenai, Alaska 99611 -7794
Telephone: 907- 283 -7535 / FAX: 907 - 283 -3014
ITO: City Council
FROM: Rick Koch
U DATE: October 27, 2011
SUBJECT: Ordinance 2589 -2011, Increasing Estimated Revenues and
Appropriations by $1,750,000 in the Kenai Bluff Stabilization Capital
Project Fund
The purpose of this correspondence is to submit for your action, and recommend approval of
the above referenced ordinance.
This ordinance will appropriate $1,750,000 from a State Grant to the Bluff Stabilization Project.
This appropriation increases the total State participation to $4,000,000.
Thank you for your attention in this matter. If you have any questions, please contact me at
your convenience.