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CITY OF SEWARD, ALASKA
RESOLUTION 2006-117
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD,
ALASKA, ADOPTING THE CAPITAL IMPROVEMENT PLAN BUDGET
FOR CALENDAR YEAR 2007 AND TWO SUBSEQUENT CALENDAR
YEARS
WHEREAS, on October 9, 2006, the City Manager submitted to the City Council a
proposed budget for the City of Seward for Calendar Year 2007; and
WHEREAS, the budget was introduced at the regularly scheduled Council meeting of
October 9, 2006, and work sessions conducted on October 16, 17, 19, and 20, 2006 were
televised; and
WHEREAS, a public hearing is being held on the proposed budget on October 23, 2006,
with final adoption scheduled for November 27,2006; and
WHEREAS, there are no monies designated in the Calendar Year 2007 General Fund
.... Budget to finance capital improvements; and
WHEREAS, the Capital Acquisition Fund will not receive funding in the amount of
$76,840 from the Sewer Enterprise Fund in 2007 as partial repayment of a 1990 loan from the
General Fund, due to insufficient revenues in the Sewer Enterprise Fund's 2007 Budget.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF SEWARD, ALASKA, that:
Section 1. The Capital Improvement Plan Budget for Calendar Year 2007, and the two
subsequent fiscal years, which is attached hereto and made a part hereof by reference, is
HEREBY ADOPTED.
Section 2. This resolution shall take effect January 1, 2007.
PASSED AND APPROVED by the City Council of the City of Seward, Alaska, this 2ih
day of November, 2006.
....
CITY OF SEWARD, ALASKA
RESOLUTION 2006-117
j
THE CITY OF SEWARD, ALASKA
~~~~
Vanta Shafer, Mayor
AYES:
NOES:
ABSENT:
ABSTAIN:
Dunham, Valdatta, Schafer, Bardarson, Thomas, Amberg, Shafer
None
None
None
ATTEST:
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~t4-td.dC t1cPhlftf~
UJean Lewis, CMC I J
City Clerk
(City Seal)
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