Ordinance 10-15 Appropriating Stimulus Funds for the Purchase of Electric and Heating Fuel

CITY OF HOMER
HOMER, ALASKA

City Manager

ORDINANCE 10-15

AN ORDINANCE OF THE CITY COUNCIL OF HOMER, ALASKA, ACCEPTING AND APPROPRIATING AN AMERICAN RECOVERY AND REINVESTMENT ACT (ARRA) COMMUNITY ECONOMIC STIMULUS GRANT ADMINISTERED BY THE STATE OF ALASKA DEPARTMENT OF COMMERCE, COMMUNITY AND ECONOMIC DEVELOPMENT IN THE AMOUNT OF $161,979.77 FOR THE PURCHASE OF ELECTRIC AND HEATING FUEL AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE APPROPRIATE DOCUMENTS.

WHEREAS, The City submitted an application for an American Recovery and Reinvestment Act (ARRA) Community Economic Stimulus Grant being administered by the State of Alaska, Department of Commerce, Community and Economic Development (ADCED) for municipalities to address anticipated shortfalls in tax revenues due to the downturn in the economy; and

WHEREAS, The State approved the City of Homer’s grant application in the amount of $161,979.77 to be utilized for the purchase of heating fuel and electrical services.

NOW, THEREFORE, THE CITY OF HOMER ORDAINS:

Section 1. The Homer City Council hereby accepts and appropriates a grant of $161,979.77 from the ARRA ADCED Community Economic Stimulus Grant Program as follows:

Account Description Amount
157-713 ARRA ADCED $161,979.77
Community Economic Stimulus Grant

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

ENACTED BY THE HOMER CITY COUNCIL this ___ day of ______________, 2010.

CITY OF HOMER

______________________________
JAMES C. HORNADAY, MAYOR

ATTEST:

______________________________
JO JOHNSON, CMC, CITY CLERK

YES:
NO:
ABSENT:
ABSTAIN:

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:_________________________