HomeMy WebLinkAboutOrdinance No. 2807-2014u
CITY OF KENAI
ORDINANCE NO. 2807 -2014
Suggested by: Mayor
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 THE KENAI
RIVER BLUFF EROSION PROJECT AND REDUCING APPROPRIATION FOR A STATE
FISCAL YEAR 2010 GRANT FROM THE STATE OF ALASKA, DEPARTMENT OF
COMMERCE, COMMUNITY, AND ECONOMIC DEVELOPMENT WHICH LAPSED AT
JUNE 30, 2014.
WHEREAS, as part of the State of Alaska, fiscal year 2015 budget, the City received a
grant in the amount of $2,000,000 for its Kenai River Bluff Erosion Project; and,
WHEREAS, this grant was the result of a reappropriation of an identical grant that
was awarded to the City in FY2010 which lapsed at June 30, 2014 with an
unexpended balance of $2,000,000; and,
WHEREAS, reappropriation by the State creates a new grant and a new five year time
period for expending of the funds; and,
WHEREAS, accepting and appropriating the new grant and reducing appropriation for
the lapsed grant is in the best interest of the City and its residents.
Section 1. Form. That this is a non -code ordinance
Section 2. That the City Manager is authorized to accept a grant from the State of
Alaska, Department of Commerce, Community and Economic Development in the
amounts of $2,000,000 and to expend the donated funds to fulfill the purpose and
intent of this ordinance.
Section 3. That estimated revenues and appropriations be increased as follows:
Kenai Bluff Erosion Capital Proiect Fund
Increase Estimated Revenues:
State Grant $2.000.000
Increase Appropriations:
Construction $2 000 0 0
Section 4. That estimated revenues and appropriations be decreased as follows due to
the lapsing of the FY2010 State Grand for the Kenai Bluff Erosion Control Project:
Kenai Bluff Erosion Capital Proiect Fund
Decrease Estimated Revenues:
l State Grant $2.000.000
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Ordinance No. 2807 -2014
Page 2 of 2
Decrease Appropriations:
Construction
PASSED BY THE COUNCIL OF THE
2015.
ATTEST: TU I U�&
Sanndr Modigh, ity Clerk
Approved by Finance:
$2.000.000
CITY OF /KENAI, ALASKA, this 7rdd day of January,
PAT PORTER, MAYOR
Introduced: December 17, 2014
Adopted: January 7, 2014
Effective: January 7, 015
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M
"Villaye with a Past, C# with a Future"
To: Rick Koch, City Manager
/ , From: Terry Eubank
Date: December 8, 2014
Re: Ordinance 2807 -2014
FINANCE DEPARTMENT
210 Fidalgo Avenue, Kenai, Alaska 99611 -7794
Telephone: 907 - 283 -7535 / FAX: 907 - 283 -3014
The purpose of this ordinance is to recommend adoption of Ordinance 2807 -2014. Ordinance
2807 -2014, if adopted, will accomplish two tasks. State of Alaska Department of Commerce,
Community and Economic Development (DCCED) grant 10 -DC -002 in the amount of
$2,000,000 was issued to the City in FY2010. DCCED grants have a five year period in which
to expend funds. At June 30, 2014 this grant had no expenditures to date and the grant lapsed.
Ordinance 2807 -2014 will reduce the available appropriations in Kenai Bluff Erosion Capital
Project Fund by $2,000,000 for the lapsing grant.
Ordinance 2807 -2014 will also appropriate the new grant issued by DCCED in the amount of
$2,000,000 for the Kenai Bluff Erosion Capital Project. At the request of the City, the Alaska
Legislature reappropriated the lapsing grant 10 -DC -002 to a new grant, 15 -RR -035, for the City.
The new grant will carry a five year period for expenditures which began on July 1, 2014.
The City has received two other DCCED Grants for this project, 11 -DC -248 and 12 -DC -377
which will undergo the same process at June 30, 2015 and June 30, 2016 respectively if the
funds have not been expended by that time.