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HomeMy WebLinkAboutRes1983-060 . . . - e CITY OF SEWARD, ALASKA RESOLUTION NO. 83-60 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, APPROPRIATING FUNDS FROM THE GENERAL FUND-FUND BALANCE TO THE GATEWAY SUBDIVISION ACCOUNT 225 WHEREAS, there are funds available in the General Fund-Fund Balance as the result of unspent money in previous fiscal years; and WHEREAS, the City Council did direct the City Manager to enter into contracts with various engineering and construction firms to design, survey and clear rights of way for the Gateway Subdivision (formerly Terminal Addition); and WHEREAS, over the past three years a total of THREE HUNDRED TWENTY THOUSAND FOUR HUNDRED TWENTY-NINE AND 67/100THS DOLLARS ($320,- 429.67) has been expended in the development of this project; and WHEREAS, to date only ONE HUNDRED EIGHTY SIX THOUSAND AND TWENTY-ONE DOLLARS ($186,021.00) has actually been appropriated to this project; and WHEREAS, in order to complete the project, an estimated additional TWENTY-FOUR THOUSAND DOLLARS ($24,000.00) will be needed to complete a land purchase, land exchange and final platting; and WHEREAS, when the Gateway Subdivision property is sold, these funds will be returned to the City treasury; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, that: Section 1. The sum of ONE HUNDRED FIFTY-EIGHT THOUSAND FOUR HUNDRED TEN DOLLARS ($158,410.00) is hereby appropriated from the General Fund-Fund Balance Account No. 101-000-271-00-00 to the Gateway Subdivision Project Account 225. Section 2. This resolution shall take effect immediately upon its adoption. PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, this 22 day of August , 1983. -1- . e CITY OF SEWARD, ALASKA RESOLUTION NO. 83-60 AYES: NOES: ABSENT: ABSTAIN: ATTEST: . O:;;RD':AS~ DDNALD w. CRIPPS'~ 'l Burgess, Cripps, Gillespie, Meehan, O'Brien and Wilson None Swartz None . . (City '-' APPROVED AS TO FORM: HUGHES, THORSNESS, GANTZ, POWELL AND BRUNDIN, Attorneys for the City of Seward, Alaska 7~ fl/~ Fred B. Arvidson, City Attorney -2-