HomeMy WebLinkAboutResolution No. 2014-03M
Suggested by: Administration
CITY OF KENAI
RESOLUTION NO. 2014 -03
• RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, AUTHORIZING
• BUDGET TRANSFER WITHIN THE AIRPORT FUND - TERMINAL DEPARTMENT.
WHEREAS, the Airport Terminal Department's FY14 budget had $192,000 in the
repair and maintenance account for contracted services and miscellaneous repairs;
and,
WHEREAS, miscellaneous repairs have exceeded the estimated budget amount and
the account balance is depleted and additional funding is required to cover the
remainder of FY14; and,
WHEREAS, the department's - Buildings account has $60,000 budgeted for carpet
and boiler repairs that can be transferred to repairs & maintenance; and,
WHEREAS, the carpet project has been delayed and the boiler repairs were paid from
the repair and maintenance account; and,
WHEREAS, transferring the funds will allow the Airport to complete any necessary
repairs that may arise during the remainder of this fiscal year; and,
WHEREAS, pursuant to Kenai Municipal code 7.25.00 City Budget Control, a budget
transfer over $5,000 requires Council approval.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA, the following budget transfer be made:
Airport Fund - Terminal Department
From:
Buildings
To:
Repairs & Maintenance
PASSED BY THE COUNCIL OF THE CITY
January, 2014.
c
ATI tEs
S r Mo igh, City Clerk
Approved by Finance� �-
$ 60,000
$ 60,000
OF KENAI, ALASKA, this 15th day of
PAT PORTER, MAYOR
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Municipal Airport
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305 N. WILLOW ST. SURE 200 K OW A AS A 99611
TELEPHONE 907- 2637951
FAX 9072833737
�TO: Rick R. Koch — City Manager
Terry Eubank — Finance Director
From: Mary L. Bondurant - Airport Manager
Date: January 3, 2014
Subject: Resolution 2014 -03 — Transfer Funds within Terminal Account
Due to unexpected and unbudgeted expenses, the repair and maintenance budget for the terminal
account is exhausted.
The terminal has experienced two flooding incidents in addition to major repair costs related to
mechanical/structure failures. There is also pending repair work to the sidewalk snow melt
system and a rooftop air handling unit.
There is $60,000 in the terminal- buildings account that was allocated to re- carpet the terminal
and boiler repairs. The re- carpet has been pushed back since the FAA has agreed to a terminal
rehabilitation project in FY2014 and boiler repairs have been completed through the repairs and
maintenance account already.
There is a need to transfer $60,000 to cover the remainder of FY14 budget for the terminal —
repairs and maintenance account.
If you have any questions, please contact me.
www.kenaiairport.com