CITY OF HOMER

City Manager

HOMER, ALASKA

ORDINANCE 05-05

AN ORDINANCE OF THE CITY COUNCIL OF HOMER, ALASKA ACCEPTING AND APPROPRIATING A $1.2 MILLION GRANT FROM THE RASMUSON FOUNDATION FOR THE CONSTRUCTION OF A COMMUNITY LIBRARY, CONFIRMING THAT THE CITY HAS RAISED AND COMMITTED THE BALANCE NEEDED TO COMPLETE THE PROJECT FUNDING AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE APPROPRIATE DOCUMENTS

WHEREAS, The Rasmuson Foundation notified the City of Homer via Letter dated December 8, 2004 that the City had been awarded a $1.2 million grant for the construction of the new Homer Public Library; and

WHEREAS, The grant is contingent upon receipt of written documentation that the City has raised or committed the balance needed to complete project funding.

NOW, THEREFORE, the City of Homer Ordains:

Section 1. That the City Council hereby accepts and appropriates $1.2 million from the Rasmuson Foundation for the New Homer Public Library, confirms that the City has raised and committed the balance needed to complete the project funding and that the City Manager is hereby authorized to execute the appropriate documents:

Account No. Description Amount

Funding 151-722 Rasmuson Foundation Grant $1,200,000.00

Expenditure: 151-722 Add to New Homer Library Project Budget $1,200,000.00

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 ___________, 2005

CITY OF HOMER

_____________________________ JAMES C. HORNADAY, MAYOR

Page Two

Ordinance 05-05

City of Homer

ATTEST:

_____________________________________

MARY L. CALHOUN, CMC, CITY CLERK

Introduction:

Public Hearing:

Second Reading:

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