HOMER,
City Manager/Finance
ORDINANCE 09-03(S)
AN ORDINANCE OF THE
THE 30% LOCAL MATCH,
WHEREAS, In accordance with AS 46.03.030, the Alaska Department of Environmental Conservation (DEC) recently offered the City an increase to its FY 2007 Legislative Appropriation Grant (#40907) for the Water Treatment Plant in the Amount of $1,680,000; and
WHEREAS,
This increase of $1,680,000 requires a 30% local match; and
WHEREAS, This funding was originally included in the FY 2008 State Capital Budget, was subsequently vetoed by the Governor, and then restored in a Supplemental Budget; and
WHEREAS,
DEC has determined that it is much easier and straightforward for a variety of
reasons to treat this funding as an increase to the FY 07 Grant rather than
enter into an entirely new Grant Agreement for 2008.
Section 1. That the City of
Account No.
Description
Amount
Revenue
ADEC
Grant
$1,680,000
215-865
Expenditure Homer
Water Treatment $1,680,000
215-865
Plant
Upgrade
Expenditure HAWSP
– City of
153-375 30%
Matching Funds $
504,000
Section
2. The City Manager is authorized to execute the appropriate documents.
Section 3. This ordinance is a budget amendment only, is not of a permanent nature and is a non code ordinance.
ENACTED
BY THE
JAMES C.
HORNADAY, MAYOR
ATTEST:
JO JOHNSON,
AYES:
NOES:
ABSTAIN:
ABSENT:
First
Public Hearing:
Second
Effective Date:
Reviewed as to form:
____________________________
Walt Wrede, City Manager Thomas F. Klinkner,
City Attorney
Date:__________________________ Date:________________________