HomeMy WebLinkAboutOrdinance No. 2591-2011the ally o/
KENAI, ALASKA
Suggested by: Administration
CITY OF KENAI
ORDINANCE NO. 2591 -2011
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING
ESTIMATED REVENUES AND APPROPRIATIONS BY $761,650 IN THE KENAI
INDUSTRIAL PARK CAPITAL PROJECT FUND FOR A STATE GRANT.
WHEREAS, the City of Kenai received a grant from the State of Alaska for $761,650 for
Kenai Industrial Park Development; 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:
Kenai Industrial Park Capital Project Fund
Increase Estimated Revenues:
State Grant
$761,650
Increase Appropriations:
Construction $761,650
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:
PAT PORTER, MAYOR
Introduced: October 19, 2011
Adopted: November 2, 2011
Effective: November 2, 2011
New Text Underlined; [DELETED TEXT BRACKETED]
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KENAI ALASKA
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"Village with a Past, a with a Future"
MEMO:
210 Fidalgo Avenue, Kenai, Alaska 99611 -7794
Telephone: 907 - 283 -7535 / FAX: 907 - 283 -3014
TO: City Council
AlFROM: Rick Koch
DATE: October 27, 2011
SUBJECT: Ordinance 2591-2011, increasing Estimated Revenues and
Appropriations by $761,650 in the Kenai Industrial Park 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 $761,650 from a State Grant for construction of the Kenai
Industrial Park located along marathon Road in proximity to the Kenai Municipal Airport.
Thank you for your attention in this matter. If you have any questions, please contact me at
your convenience.
Sal
11111:
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