CITY OF HOMER

HOMER, ALASKA

Wythe

ORDINANCE 07-51

 

AN ORDINANCE OF THE HOMER CITY COUNCIL AMENDING THE FY 2007 GENERAL FUND OPERATING BUDGET BY AUTHORIZING THE TRANSFER OF $55,000.00 FROM THE SALE OF LOT 18 MATTOX SUBDIVISION TO THE FIRE DEPARTMENT FLEET RESERVES.  

 

            WHEREAS, Lot 18 Mattox Subdivision was sold to the Kenai Peninsula Housing Initiatives in the amount of $55,000 under the provisions of HCC 18.12.060 as authorized by Resolution 06-87; and

 

            WHEREAS, State funding will not be adequate for replacement of Fire Engine No. 4 and transfer of funds to the Fire Department Fleet Reserves will differentiate the cost of a new fire engine.     

 

            NOW, THEREFORE, the City of Homer Ordains:

            Section 1. That the City Council hereby amends the FY 2007 Budget by authorizing the transfer of funds, from the sale of the Mattox Property to Vehicle Depreciation Reserves in the amount of $55,000.00:

 

Account No.                            Description                                           Amount

100.100.5990                          Proceeds from Mattox Property            $55,000.00
                                                Sale

Expense Acct.

152.381.4992                          Fire Department Fleet Reserves            $55,000.00                             

            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 ___________, 2006.

                                                                                    CITY OF HOMER



                                                                                    _____________________________

                                                                                    JAMES C. HORNADAY, MAYOR


ATTEST:

______________________________

JO JOHNSON, 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.