-
About Homer
-
- Americans with Disabilities Act Compliance Program City Campgrounds Community Recreation Hickerson Memorial Cemetery
- Library Parks & Trails Public Safety Fire Police Emergency Information
- Events & Activities City Calendar Library Calendar Recreation Calendar Doing Business in Homer Sister City Program Coast Guard City
-
- Departments
- Government
- How Do I?
Ordinance 14-05 Budget Amendment to Appropriate $500,000 from the Port and Harbor Enterprise Fund Depreciation Reserves for 25% Local Match for the New Port and Harbor Building
Summary
An Ordinance of the City Council of Homer, Alaska, Amending the FY 2014 Operating Budget by Appropriating $500,000 from the Port and Harbor Enterprise Fund Depreciation Reserves for the Purpose of Providing the City’s 25% Local Match for the New Port and Harbor Building. City Manager.
Ordinance/Resolution ID:
14-05
Ordinance/Resolution Status:
Adopted
Introduction Date:
01/27/2014
Effective Date:
02/11/2014
Public Hearing Date:
02/10/2014
Second Reading Date:
02/10/2014
Related Meetings
Details
CITY OF HOMER
HOMER, ALASKA
City Manager
ORDINANCE 14-05
AN ORDINANCE OF THE CITY COUNCIL OF HOMER, ALASKA, AMENDING THE FY 2014 OPERATING BUDGET BY APPROPRIATING $500,000 FROM THE PORT AND HARBOR ENTERPRISE FUND DEPRECIATION RESERVES FOR THE PURPOSE OF PROVIDING THE CITY’S 25% LOCAL MATCH FOR THE NEW PORT AND HARBOR BUILDING.
WHEREAS, The Port and Harbor Building Task Force has been meeting regularly and working with staff and the architects on building design and cost control; and
WHEREAS, The Task Force has been looking for efficiencies and cost cutting measures and has settled on a design and estimated project cost that is reasonable given the City’s budget and does not unduly compromise the building’s attractiveness, function and utility; and
WHEREAS, The City Council was briefed on the current status of the project by the Chair of the Task Force and it discussed back-up Memorandum 14-003 with recommendations at its regular meeting on January 13, 2014; and
WHEREAS, The Architects have been instructed to proceed to 65% plans which will result in even more precise cost estimating; and
WHEREAS, The current estimated project budget is $2,296,772 of which $1,500,000 will come from a re-appropriated Legislative grant; and
WHEREAS, As part of the Legislative capital request, the City pledged to provide a local match of 25% or $500,000.
NOW, THEREFORE, THE CITY OF HOMER ORDAINS:
Section 1. The City Council hereby amends the FY 2014 Operating Budget by appropriating $500,000 from the Port and Harbor Enterprise Fund Depreciation Reserve for the purpose of providing the City’s 25% local match for the new port and harbor building as follows:
Transfer From:
Account Description Amount
456-380 Port and Harbor Depreciation $500,000
Transfer To:
Account Description Amount
415-0935 Port and Harbor Building $500,000
Project Account
Section 2. This is a budget amendment ordinance only, 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:
Fiscal Note: Noted within ordinance.