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HomeMy WebLinkAboutOrdinance No. 2753-2014Suggested by: Administration CITY OF KENAI ORDINANCE NO. 2753 -2014 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, ACCEPTING AND APPROPRIATING A GRANT FROM THE STATE OF ALASKA DEPARTMENT OF COMMERCE COMMUNITY AND ECONOMIC DEVELOPMENT FOR $250,000 IN THE KENAI BLUFF STABILIZATION CAPITAL PROJECT FUND FOR THE KENAI BLUFF EROSION CONTROL PROJECT. WHEREAS, the City of Kenai received a $250,000 grant from the State of Alaska Department of Commerce Community and Economic Development in 2010 for the Kenai River Bluff Erosion Control Project; and, WHEREAS, due to delays in the project no expenditures have been required and the grant has remained unappropriated; and, WHEREAS, recent advancements in the project will result in the City expending $327,000 for the Non - Federal Sponsor's contribution to complete the projects final feasibility study to be performed by the Army Corp of Engineers; and, WHEREAS, it is in the best interest of the City of Kenai to accept and appropriate these grant funds for the purpose intended. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA: Section 1. Form: That this is a non -code ordinance. Section 2. That the City Manager is authorized to accept a grant in the amounts of $250,000 from the State of Alaska Department of Community Commerce and Economic Development and to expend the grant funds to fulfill the purpose and intent of this ordinance. Section 3. That estimated revenues and appropriations be increased as follows: Kenai Bluff Stabilization Capital Proiect Fund Increase Estimated Revenues: State Grant $250,000 Increase Appropriations: Engineering $250,000 New Text Underlined; [DELETED TEXT BRACKETED] Ordinance No. 2753 -2014 Page 2 of 2 PASSED BY THE COUNCIL OF THE CITY 2014. ATTE Sand digh, City Clerk Approved by Financ� OF KENAI, ALASKA, this 201h day of May, PAT PORTER, MAYOR Introduced: May 7, 2014 Adopted: May 20, 2014 Effective: May 20, 2014 New Text Underlined; [DELETED TEXT BRACKETED] M "Villaye with a Past, C# with a Future fl To: Rick Koch, City Manager —/ fFrom: Terry Eubank, Finance Director FINANCE DEPARTMENT 210 Fidalgo Avenue, Kenai, Alaska 99611 -7794 Telephone: 907 - 283 -7535 / FAX: 907 - 283 -3014 Date: May 1, 2014 Re: Ordinance 2753 -2014 The purpose of this memo is to recommend passage of Ordinance 2753 -2014. Ordinance 2753- 2014 will appropriate a 2010 grant from the State of Alaska, Department of Commerce, Community and Economic Development ( DCCED) in the amount of $250,000 and for the Kenai Bluff Stabilization Capital Project. To date the City has received three grants totaling $4,000,000 from DCCED for the Kenai Bluff Stabilization Capital Project. The other two grants have been appropriated but because of project delays this grant has yet to be appropriated. Proceeds from this grant will be used to pay the City's 50% cost share in the projects final feasibility study to be performed by the United States Army Corp of Engineers. This grant is scheduled to lapse at June 30, 2015 and would require an extension or re- appropriation by the Alaska Legislature to avoid lapsing. Total cost share for the feasibility study is $327,000 and will fully expend this grant and eliminate any lapse issues.