Ordinance 14-28 Budget Amendment for Local Match for Deep Water Dock Feasibility Study

CITY OF HOMER
HOMER, ALASKA

City Manager/

Public Works Director

ORDINANCE 14-28

AN ORDINANCE OF THE CITY COUNCIL OF HOMER, ALASKA, AMENDING THE 2014 OPERATING BUDGET BY APPROPRIATING $179,892.97 FROM THE HARBOR RESERVE FUND FOR THE LOCAL MATCH ASSOCIATED WITH DEEP WATER DOCK FEASIBILITY STUDY AND AUTHORIZING THE CITY MANAGER TO EXECUTE ALL APPROPRIATE DOCUMENTS.

WHEREAS, Resolution 13-041 was adopted by the Homer City Council approving a Transfer of  Responsibility Agreement (TORA) between the City of Homer and the Alaska  Department of Transportation and Public Facilities (ADOT/PF) regarding federal funding and project management responsibilities for the Deep Water Dock  Improvements Feasibility Study; and

WHEREAS, The TORA agreement required a local match (9.03% of earmark allocation) in the amount of $179,892.97; and

WHEREAS, The Feasibility Study cannot be initiated until the local match lump sum payment has been provided to ADOT/PF.

NOW, THEREFORE, THE CITY OF HOMER ORDAINS:

Section 1. The FY 2014 Operating Budget is hereby amended by appropriating $179,892.97 from the Harbor Reserve fund for the local match associated with the ADOT/PF Deep Water Dock Feasibility Study TORA.

Expenditure:

Account No.                                  Description                                                   Amount

456-0380 (Harbor Reserve)     ADOT Deep Water Dock

Feasibility Study                                        $179,892.97

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

ENACTED BY THE CITY COUNCIL OF HOMER, ALASKA, this ________ day of ______________ 2014.

                                                                                                         CITY OF HOMER
 

                                                                                                         ______________________

                                                                                                         MARY E. WYTHE, MAYOR

ATTEST:

_____________________________

JO JOHNSON, MMC, 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: