Ordinance 18-05(S) Funding Necessary Seawall Repairs

CITY OF HOMER

HOMER, ALASKA

City Manager

ORDINANCE 18-05(S)

AN ORDINANCE OF THE CITY COUNCIL OF HOMER, ALASKA, AMENDING THE FY 2017 OPERATING BUDGET TO FUND NECESSARY REPAIRS TO SEAWALL BY APPROPRIATING $83,743 FROM THE OCEAN DRIVE LOOP SPECIAL SERVICE DISTRICT AND $18,382 FROM THE SEAWALL RESERVE ACCOUNT FOR THE PURPOSE OF FUNDING EMERGENCY REPAIRS TO THE SEAWALL.  

WHEREAS, The Homer City Council adopted Emergency Ordinance 11-49(S) which created the Ocean Drive Loop Special Service District; and

WHEREAS, The Special Service District was created to raise tax revenues from benefitted property owners to support maintenance and repair of the seawall they own which is located on their properties; and

WHEREAS, In addition, the City contributes $10,000 annually to a Seawall Reserve Account for the City’s portion of repairs to the seawall; and

WHEREAS, Repairs to the seawall have to be performed on an emergency basis in order to prevent further damage and remain in compliance with the Army Corps of Engineers permit for the seawall; and

WHEREAS, A number of winter storm events in 2017 caused damage to the seawall totaling $102,125; and

WHEREAS, The assessment methodology for funding the construction of the seawall was based on linear footage. Based on this established methodology, property owners are responsible for 82% of the cost of repair, and the City as a property owner is responsible for $18,382.

NOW, THEREFORE, THE CITY OF HOMER ORDAINS:

Section 1. The Homer City Council hereby amends the FY 2017 Operating Budget by appropriating $102,125 from the Seawall Maintenance Reserve and Ocean Drive Loop Special Service District for the purpose of repairing and maintaining the seawall as follows:

Appropriation/Transfer From:

                Account                              Description                                                          Amount

                808-0375                            Ocean Drive Loop Special Service District     $83,743

                156-0369                            Seawall Maintenance Reserve                         $18,382

Section 2.  This ordinance is a budget amendment ordinance only, is not permanent in nature, shall not be codified, and shall become effective January 1, 2017.

                ENACTED BY THE CITY COUNCIL OF HOMER, ALASKA, this ____ day of _______, 2018.

CITY OF HOMER

_____________________________

BRYAN ZAK, MAYOR

ATTEST:

_____________________________

MELISSA JACOBSEN, MMC, CITY CLERK

YES:

NO:

ABSTAIN:

ABSENT:

First Reading:

Public Hearing:

Second Reading:

Effective Date: 

Reviewed and approved as to form.

Mary K. Koester, City Manager                                                              Holly C. Wells, City Attorney

Date:                                                                                                          Date: