Ordinance 12-57(S) Budget Amendment for Additional $69,768 from the General Fund Balance for Completion of the Nick Dudiak Fishing Lagoon Dredging Project

CITY OF HOMER
HOMER, ALASKA
                                                                                               City Manager/Public Works Director/
Port and Harbor Director
ORDINANCE 12-57(S)
                                                                                                               
AN ORDINANCE OF THE CITY COUNCIL OF HOMER, ALASKA, AMENDING THE FY 2012 CAPITAL BUDGET BY APPROPRIATING AN ADDITIONAL $69,768 FROM THE GENERAL FUND BALANCE FOR COMPLETION OF THE NICK DUDIAK FISHING LAGOON DREDGING PROJECT.

WHEREAS, The Homer City Council adopted Ordinance 12-43 and Ordinance 12-44 (A)(S) which together appropriated $376,500 for the Fishing Lagoon Dredging Project; and

WHEREAS, The approved project budget/appropriation was based upon the removal of 25,000 cubic yards of material and it is now apparent that $30,168 cubic yards of material will need to be removed if the Lagoon is to be dredged to its original design depth; and

WHEREAS, Dredging an additional 5,168 cubic yards will cost $69,768; and

WHEREAS, Homer City Council adopted emergency Ordinance 12-52 on November 2, 2012 to allocate an additional $101,250 to the Fishing Lagoon Dredging Project.

NOW, THEREFORE, BE IT ORDAINED by the City of Homer:

Section 1: The City Council hereby amends the FY 2012 Capital Budget by appropriating an additional $69,768 from the General Fund Balance for completing the Nick Dudiak Fishing Lagoon Dredging Project as follows:

Expenditure:
From Account:
Account No.                                Description                                    Amount
100-100                                            Fishing Hole Dredging                   $69,768

To Account:
Account No.    Description    Amount
151-779                                      Nick Dudiak Fishing   $69,768
      Lagoon Dredging            

Section 2.  This ordinance is a budget amendment ordinance only, is not of a permanent nature, and shall not be codified.

Section 3. The material generated by this project can be sold for use off the Spit.

PASSED AND ADOPTED by the Homer City Council this ________ day of _________________, 2012.

      CITY OF HOMER

      _________________________
      MARY E. WYTHE, MAYOR

ATTEST:

______________________________
JO JOHNSON, CMC, CITY CLERK

YES:
NO:
ABSTAIN:
ABSENT:

First Reading:
Public Hearing:
Second Reading:
Effective Date: 

Reviewed and approved as to form:

________________________   ____________________________
Walt Wrede, City Manager    Thomas F. Klinkner, City Attorney

Date: ___________________    Date: _______________________