HomeMy WebLinkAboutRES2023-090 Accept Appropriate KPB Flood Project Fund1
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CITY OF SEWARD, ALASKA
RESOLUTION 2023-090
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD,
ALASKA, ACCEPTING THE RETURN OF $56,310.58 IN FUNDS FROM
THE KENAI PENINSULA BOROUGH THAT WAS INTENDED FOR THE
JAPANESE CREEK FEASIBILITY STUDY PROJECT, AND
APPROPRIATING FUNDS
WHEREAS, Resolution 2020-009 authorized matching funds towards the Japanese
Creek Feasibility Study; and
WHEREAS, The project was devoted to obtaining better data on the flooding
potential of Japanese Creek and possible mitigation measures; and
WHEREAS, The City of Seward contributed $135,000 towards the Japanese Creek
Feasibility Study; and
WHEREAS, The project was completed below the projected cost and the Kenai
Peninsula Borough is returning $58,310.58 to the City of Seward; and
WHEREAS, The returned funds will be appropriated back to the Capital Acquisition
Account.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF SEWARD, ALASKA that:
Section 1. Funding in the amount of $58,310.58 is accepted and appropriated from
Japanese Creek Flood Mitigation — City account no. 80117-0000-3710 to Capital Acquisition
Fund reserves account no. 80010-0000-3700.
Section 2. This resolution is effective upon adoption.
PASSED AND APPROVED by the City Council of the City of Seward, Alaska, this 14th
day of August, 2023.
THE CITY OF SEWARD, ALASKA
Sue McClure, Mayor
CITY OF SEWARD, ALASKA
RESOLUTION 2023-090
AYES: DeMoss, Finch, Barnwell, Calhoon, Osenga, McClure
NOES: None
ABSENT: Wells
ABSTAIN: None
ATTEST:
Kris Peck
City Clerk
City Council Agenda Statement
Meeting Date: August 14, 2023
To: City Council
From: Norm Regis, Acting City Manager
Subject:
Resolution 2023-090: Accepting The Return Of $56,310.58 In Funds From The
Kenai Peninsula Borough That Was Intended For The Japanese Creek Feasibility
Study Project, And Appropriating Funds
Background and justification:
Resolution 2020-009 authorized matching funds towards the Japanese Creek Feasibility Study, which
was devoted to obtaining better data on the flooding potential of Japanese Creek and possible
mitigation measures. The City of Seward contributed $135,000 towards the Japanese Creek
Feasibility Study. Kenai Peninsula Borough Emergency Operations Manager Brenda Ahlberg
notified the City of Seward on June 20 that $58,310.58 in funding would be returned and on July 17,
the City received the funds. In order to "accept" the return of funds and place the funding back into
the Capital Acquisition Account, the City must pass a Resolution Accepting and Appropriating the
funds.
Comprehensive and Strategic Plan Consistency Information
This legislation is consistent with (citation listed):
Comprehensive Plan:
Strategic Plan:
Other:
Total amount of funds listed in this legislation: $ 58,310.58
This legislation (✓):
Creates revenue in the amount of:
Creates expenditure in the amount of:
Creates a savings in the amount of:
Has no fiscal impact
x
Funds are (/):
Budgeted Line item(s):
Not budgeted
Not applicable
x
$ 58,310.58
$
$
Affected Fund (✓):
General
Boat Harbor
Motor Pool
x
SMIC Electric Wastewater
Parking Water Healthcare
Other Capital Acquisition
Note: amounts are unaudited
Available Fund Balance/ Net Position $ 200,999
Finance Director Signature:
Attorney Review
5', 51zi4ate'
Yes
Attorney Signature:
Not applicable Comments:
Administration Recommendation
x
Adopt Res.
Other: