HomeMy WebLinkAboutResolution No. 2014-05Suggested by: Administration
CITY OF KENAI
RESOLUTION NO. 2014 -05
• RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, AUTHORIZING
• BUDGET TRANSFER WITHIN THE GENERAL FUND - NON - DEPARTMENTAL AND
STREETS DEPARTMENTS FOR THE PURCHASE OF A REPLACEMENT PLOW TRUCK.
WHEREAS, a Streets Department plow truck was destroyed in late December leaving
the Department short one plow truck; and,
WHEREAS, per the City's insurance policy, the City does not purchase comprehensive
or collision coverage for vehicles with a value of less than $50,000 and as such there
are no insurance proceeds available for the purchase of a replacement truck; and,
WHEREAS, the Streets Department has identified $18,053 in previously appropriated
funds that can be used for replacement of the truck and the remaining funds are
available in the City Manager's Contingency account; and,
WHEREAS, pursuant to Kenai Municipal code 7.25.00 City Budget Control, a budget
transfer over $5,000 requires Council approval; and
WHEREAS, no budget transfer is required for the funds identified by the Streets as
they are already in the proper account but the remaining $17,500 from the City
Manager's Contingency will require Council action.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA, the following budget transfer be made:
General Fund:
From:
Non - Departmental - Contingency $17,500
To:
Streets Department - Machinery 8s Equipment $17,500
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 15th day of
January, 2014.
( � ��
PAT PORTER, MAYOR
ATT S .
Sand t di gh, Clerk
Approved by Finance:
/ "I/'�lage with a Past, C# with a Future"
210 Fidalgo Avenue, Kenai, Alaska 99611 -7794
Telephone: (907) 283 -7535, Ext. 236 / FAX: (907) 283 -3014 �IIIL�
1992
�� Meayof Z� MEMORANDUM
KEKALALA SKA
TO: Terry Eubank, Finance Director
FROM: Sean Wedemeyer, Public Works Director
DATE: January 7, 2014
SUBJECT: Available funds to purchase truck
Terry,
Per discussions with the City Manager, the Streets Department should and can
fund 50% of the cost to replace the truck that dropped through the ice and sank
to the bottom of Daubenspeck pond. I propose using the funds in the 8064
Machinery & Equipment account in the total of $18,053. The 3 pieces of
equipment that these funds are currently appropriated for are not as critical as
replacing the truck, and can be requested again during next year's budget
process.