Ordinance 12-44(A)(S) Budget Amendment for Funds for the Nick Dudiak Dredging Project

CITY OF HOMER
HOMER, ALASKA

City Manager/
Public Works Director

ORDINANCE 12-44(A)(S)

AN ORDINANCE OF THE CITY COUNCIL OF HOMER, ALASKA, AMENDING THE 2012 OPERATING BUDGET BY APPROPRIATING $100,000 FROM THE FISHING HOLE MAINTENANCE FUND AND $167,500 FROM THE GENERAL FUND FOR THE NICK DUDIAK FISHING LAGOON DREDGING PROJECT.

WHEREAS, The Lagoon has accumulated material that has reduced its depth significantly; and

WHEREAS, A State legislative grant in the amount of $100,000 has been awarded to the City for the removal of this material; and

WHEREAS, An additional $267,500 will be required to complete the removal (see Memorandum #12-147 & Memorandum #12-156); and

WHEREAS, The sale of the removed material will ultimately reduce the cost of the project by $125,000 if the material can be sold for use off of the Spit; and

WHEREAS, The completion of this project benefits the entire community (not just Harbor users).

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

Section 1. The FY 2012 Operating Budget is hereby amended by appropriating $100,000 from the Fishing Hole Maintenance Fund and $167,500 from the General Fund for the Nick Dudiak Fishing Lagoon Dredging project.

Expenditure:

From Accounts:
Account No.   Description      Amount

156-397  Fishing Hole Maintenance   $100,000

100-100  General Fund     $167,500

To Account:
151-779   Nick Dudiak Fishing Lagoon Dredging  $267,500
    Fishing Lagoon Improvements
Section 2. This ordinance is a budget amendment only, is not of a permanent nature and is a non code ordinance.

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

        _____________________________
        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:__________________________