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HomeMy WebLinkAboutRes1988-074 . . . Sponsored by: Schaefermeyer CITY OF SEWARD, ALASKA RESOLUTION NO, 88-074 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, APPROPRIATING FUNDS FOR THE SMIC NORTH DOCK WHEREAS, the voters of the city of Seward sale of general obligation bonds to finance the of the Seward Marine Industrial Center (SMIC) and approved the construction North Dock; WHEREAS, the state legislature appropriated $100,000 to provide utility extensions to the new dock; and WHEREAS, expenditures and budgeted costs to construct a complete and usable facility to meet the commitments to potential commercial users exceeds available funds; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, that: Section 1. The city manager is hereby authorized to appropriate the sum of $36,000 from the General Fund Fund Balance to Project Account No. 232, and the budget is amended accordingly. Section 2. This resolution shall take effect immedi- ately upon its adoption. PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, this 13 day of June , 19 88. THE CITY OF SEWARD, ALASKA AYES: NOES: ABSENT: ABSTAIN: DUNHAM, GIESELER, HILTON, MEEHAN, NOLL & SIMUTIS NONE O'BRIEN NONE -1- . . . CITY OF SEWARD, ALASKA RESOLUTION NO. 88-074 ATTEST: (City Seal) APPROVED AS TO FORM: HUGHES, THORSNESS, GANTZ, POWELL & BRUNDIN, Attorneys for the City of Seward, AK Fre7~ Arr~ City Attorney -2-