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HomeMy WebLinkAboutRes1986-088 . . . . . Sponsored by: Garzini CITY OF SEWARD, ALASKA RESOLUTION NO. 86-88 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, APPROPRIATING MATCHING FUNDS FOR THE SEWARD MARINE INDUSTRIAL CENTER RAILS AND CRADLES PROJECT WHEREAS, the City of Seward has been awarded a $600,000 grant from the Federal Economic Development Administration for construction of a rails and cradles system for the Seward Marine Industrial Center shiplift facility; and WHEREAS, EDA regulations require that the City provide matching funds for the project; 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 transfer $600,000 from the General Fund Fund Balance Account No. 101-000-271-00-00 to the SMIC Rails and Cradles Capital Project Account No. 221000. 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 22 day of September , 1986 THE CITY OF SEWARD, ALASKA P~c;~~RL. HARRY . GIESELER, MAYOR AYES: NOES: ABSENT: ABSTAIN: BOOHER, GIESELER, GILLESPIE, HILTON, MEEHAN, SCHOLL & SIMUTIS NONE NONE NONE -1- . . CITY OF SEWARD, ALASKA RESOLUTION NO. 86-88 ATTEST: . . (City Seal) . APPROVED AS TO FORM: HUGHES, THORSNESS, GANTZ, POWELL & BRUNDIN, Attorneys for the City of Seward, AK 7~ f1/~ Fred B. Arvidson City Attorney -2-