HomeMy WebLinkAboutOrdinance No. 2806-2014Suggested by: Administration
CITY OF KENAI
ORDINANCE NO. 2806 -2014
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, INCREASING
ESTIMATED REVENUES AND APPROPRIATIONS BY $66,847 IN THE AIRPORT FUND
AND IN THE AIRPORT IMPROVEMENT CAPITAL PROJECT FUND AND REDIRECTING
PREVIOUSLY APPROPRIATED AMOUNTS FROM COMPLETED AIRPORT PROJECTS
OR PROJECTS WITH EXCESS AIRPORT MATCHING FUNDS FOR THE SMALL
TAXIWAYS AND AIRCRAFT TIE DOWN REHABILITATION PROJECT.
WHEREAS, the Airport is requesting funds to prepare the design and bidding of a
project for small taxiways and aircraft tie down rehabilitation at the Kenai Municipal
Airport; and,
WHEREAS, the administration has received confirmation these services will be eligible
for 93.75% FAA and 3.125% State of Alaska reimbursement upon completion of the
grant application and award for the small taxiways and aircraft tie down rehabilitation
project; and,
WHEREAS, project design and administration costs are estimated at $139,040 and
will be initially paid using airport funds but $130,350 (93.75 %) will be reimbursed
upon grant award by the FAA and an additional $4,345 will be reimbursed by the
State of Alaska Department of Transportation; and,
WHEREAS, excess Airport matching contributions are available from the Airfield
Marking Project ($10,991) and the Obstruction /Tree Removal Project, ($58,052) for
redirection to this project; and,
WHEREAS, Airport Improvement Capital Project Fund, Fund Balance in the amount of
$3,150 from various other completed projects is available for reappropriation; and,
WHEREAS, the remaining $66,847 is available in the Airport Special Revenue Fund to
complete the initial funding of the project.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA, that estimated revenues and appropriations be increased as follows:
Section 1. Form. That this is a non -code ordinance.
Section 2. That estimated revenues and appropriations be increased as follows:
Airport Fund
Increase Estimated Revenues:
Appropriation of Fund Balance $f
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Ordinance No. 2806 -2014
Page 2 of 2
Increase Appropriations
$10,991
Transfer to Capital Projects Fund
$66.847
Airport Improvement Capital Project Fund
58,052
Increase Estimated Revenues:
$
Transfer from Airport Fund
$66,847
Appropriation of Fund Balance
3.150
Increase authorized funding - Administration
$69.997
Increase Appropriations
Engineering
$69.997
Section 3. That previously appropriated fund be redirected as follows:
Airfield Marking Proiect -
Decrease authorized funding - Construction
$10,991
Obstruction /Tree Removal -
Decrease authorized funding - Construction
58,052
$
Small Taxiways and Aircraft Tie Down Rehabilitation
Increase authorized funding - Engineering
$62,282
Increase authorized funding - Administration
6,761
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 17th day of
December 2014.
PAT PORTER, MAYOR
ATTEST:
San M High, City Clerk
Approved by Finance:
Introduced: December 3, 2014
Adopted: December 17, 2014
Effective: December 17, 2014
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'lVillaye with a Past, C# with a Future"
FINANCE DEPARTMENT
210 Fidalgo Avenue, Kenai, Alaska 99611 -7794
Telephone: 907 - 283 -7535 / FAX: 907 - 283 -3014
AO: Rick Koch, City Manager
1/-From: Terry Eubank, Finance Director
Date: November 25, 2014
Re: Ordinance 2806 -2014
The purpose of this memo is to recommend passage of Ordinance 2806 -2014. Ordinance 2806-
2014 will appropriate fund for design and administration of a project to rehabilitate the asphalt of
taxiways F, G & H as well as the asphalt in the general aviation tie down area. The project has
been deemed eligible by the FAA for reimbursement. $139,040 is needed for this phase of the
project and must be initially provided using Airport Funds. Upon issuance of the project grant,
which will take place after design and bidding of the work, all project costs will be eligible for
93.75% federal participation and 3.125% state participation.
Funding for the $139,040 will come from a transfer from the Airport Special Revenue Fund in
the amount of $66,847, fund balance in the Airport Capital Project Fund, the result of excess
local funds from completed projects, $3,150, and excess local funds available in ongoing
projects, $10,991 from the Airfield Marking Project and $58,052 from the Obstruction/Tree
Removal Project.