CITY OF HOMER Finance/PWD/City Manager

HOMER, ALASKA

ORDINANCE 03-56

AN ORDINANCE OF THE CITY COUNCIL APPROPRIATING UP TO $17,000.00 FROM PUBLIC WORKS RESERVE FUND FOR A COMPRESSOR REPLACEMENT

WHEREAS, Public Works' 1989 Model Ingersoll Rand mobile air compressor quit working and the estimated parts cost to repair this unit are in excess of $10,000.00; and

WHEREAS, Public Works recommends, due to the age of the unit and repair costs, that a new or used, with low hours, unit be purchased; and

WHEREAS, A replacement compressor will cost between $12,000.00 and $17,000.00 and was not budgeted.

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

Section 1. Appropriating up to $17,000.00 from the Public Works Reserve Fund for a replacement compressor as follows:

Account No. Description Amount

Revenue Public Works Reserve Fund $17,000.00

Expenditure Public Works $17,000.00

151-395 Compressor

Section 2. This ordinance is a budget amendment only, is not of a permanent nature and is a non code ordinance.

PASSED AND ENACTED by the Homer City Council this ___ day of ___________, 2003.

CITY OF HOMER

_____________________________ JACK CUSHING, MAYOR

ATTEST:

___________________________________

MARY L. CALHOUN, CMC, CITY CLERK

Page Two

Ordinance 03-56

City of Homer

Introduction: 09/08/03

Public Hearing: 09/22/03

Second Reading: 09/22/03

Effective Date:

Ayes:

Noes:

Abstain:

Absent:

Reviewed and approved as to form and content:

___________________________ Walt E. Wrede City Manager Gordon Tans, City Attorney

__________________ _________________

Date Date

Fiscal Note: Fiscal information included in body of Ordinance.

MLC/mlc