Ordinance 15-21 Budget Amendment to Appropriate Funds for Homer Natural Gas Special Assessment District Assessments of 85 City Lots

CITY OF HOMER

HOMER, ALASKA

                                                            City Manager

ORDINANCE 15-21

AN ORDINANCE OF THE CITY COUNCIL OF HOMER, ALASKA, AMENDING THE FY 2015 OPERATING BUDGET BY APPROPRIATING $277,335.45 TO PAY FOR HOMER NATURAL GAS SPECIAL ASSESSMENT DISTRICT ASSESSMENTS OF 85 CITY LOTS FROM VARIOUS CITY RESERVE FUNDS. 

WHEREAS, In compliance with Homer City Code Chapter 17, Improvement Districts, the Homer City Council initiated a Homer Natural Gas Special Assessment District on July 23, 2012, via Resolution 12-069 assessing all parcels equally that benefited from the natural gas distribution system; and

WHEREAS, Construction of 73 miles of natural gas distribution system was complete in 2014; and

WHEREAS, The City has benefited from the construction of the natural gas distribution system with a cost savings and reduced carbon emissions for facilities that have been hooked up to natural gas; and

WHEREAS, The final assessment roll for the Homer Natural Gas Special Assessment District was adopted on March 23, 2015, via Resolution 15-017; and

WHEREAS, The total project cost for the Homer Natural Gas Special Assessment District was $12,359,388 divided among 3,788 parcels at a cost of $3,262.77 per parcel; and

WHEREAS, The City of Homer owns 85 parcels that are included in the Homer Natural Gas Special Assessment District; and

WHEREAS, It is in the City’s best interest to pay the assessments off in full as soon as possible to avoid accruing interest.

NOW, THEREFORE, THE CITY OF HOMER ORDAINS:

Section 1. The FY 2015 Operating Budget is hereby amended by appropriating $3,262.77 from the Animal Shelter Reserve fund for the assessment associated with the Animal Shelter parcel.

Section 2. The FY 2015 Operating Budget is hereby amended by appropriating $3,262.77 from the City Hall Reserve fund for the assessment associated with the City Hall parcel.

Section 3. The FY 2015 Operating Budget is hereby amended by appropriating $32,627.70 from the General Fund Reserve fund for the assessment associated with 10 miscellaneous City parcels.

Section 4. The FY 2015 Operating Budget is hereby amended by appropriating $13,051.08 from the Library Reserve fund for the assessment associated with the Library building, old library parcel and 2 adjacent parcels.

Section 5. The FY 2015 Operating Budget is hereby amended by appropriating $6,525.54 from the Parks and Recreation Reserve fund for the assessment associated with Ohlson Lane and Jack Gist Parks.

Section 6. The FY 2015 Operating Budget is hereby amended by appropriating $1,631.39 from the Police Reserve fund and $1,631.39 from the Fire Reserve fund for the assessment associated with the Fire and Police Station parcel.

Section 7. The FY 2015 Operating Budget is hereby amended by appropriating $6,525.54 from the Public Works Reserve fund for the assessment associated with the 2 Public Works Administration building parcels.

Section 8. The FY 2015 Operating Budget is hereby amended by appropriating $6,525.54 from the Water Reserve fund for the assessment associated with the Water Treatment Plant and parcel reserved for a new water tank.

Section 9. The FY 2015 Operating Budget is hereby amended by appropriating $202,291.74 from the Port and Harbor Reserve fund for the assessment associated with 62 parcels on the Homer Spit.

Expenditure:

Account                                                                 Description                                                   Amount

156-0370 (Animal Shelter Reserve)           1 Parcel                                                           $3,262.77

156-0384 (City Hall Reserve)                         1 Parcel                                                           $3,262.77

156-0375 (General Fund Reserve)              10 Parcels                                                      $32,627.70

156-0390 (Library Reserve)                            4 Parcels                                                         $13,051.08

156-0385 (Park & Rec Reserve)                    2 Parcels                                                         $6,525.54

156-0394 (Police Reserve)                              ½ Parcel                                                         $1,631.39

156-0393 (Fire Reserve)                                  ½ Parcel                                                         $1,631.38

156-0395 (Public Works Reserve)                              2 Parcels                                                         $6,525.54

256-0378 (Water Reserve)                              2 Parcels                                                         $6,525.54

456-0380 (Port and Harbor Reserve)         62 Parcels                                                      $202,291.74

Total                                                                        85 Parcels                                                      $277,335.45

Section 10. This is a budget amendment ordinance, is temporary in nature, and shall not be codified.

ENACTED BY THE CITY COUNCIL OF HOMER, ALASKA, this ___day of _______, 2015.

                                                                                          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:

Review and approved as to form:

_________________________                                                          ____________________________

Mary K. Koester, City Manager                                                          Thomas F. Klinkner, City Attorney

Date: ____________________                                                          Date: ________________________

Fiscal Note: Fiscal information included in body of Ordinance.