HomeMy WebLinkAboutRes2003-138
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Sponsored by: Shealy
CITY OF SEWARD, ALASKA
RESOLUTION 2003-138
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD,
ALASKA, ADOPTING THE CAPITAL IMPROVEMENT PLAN BUDGET
FOR CALENDAR YEAR 2004 AND TWO SUBSEQUENT CALENDAR
YEARS
WHEREAS, on October 10, 2003, the City Manager submitted to the City Council a
proposed budget for the City of Seward for Calendar Year 2004; and
WHEREAS, the budget was introduced to the public at the regularly scheduled Council
meeting on October 13, 2003, and through a fiscal condition review at the regularly scheduled
Council meeting on November 3, 2003, and the City Council met in work sessions to review the
proposed budget on October 27, November 7, 17, 18 and 19; and
WHEREAS, public hearings are to be held on the proposed budget on November 24, and
December 8, 2003; and
WHEREAS, there are no monies designated in the Calendar Year 2004 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 FY2004 as partial repayment of a FY1990 loan from the General
Fund, due to a deficit in the Sewer Enterprise Fund's FY2004 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 2004, 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, 2004.
PASSED AND APPROVED by the City Council ofthe City of Seward, Alaska, this 8th day
of December, 2003.
CITY OF SEWARD, ALASKA
RESOLUTION 2003-138
THE CITY OF SEWARD, ALASKA
DGMJ~~~
David Brossow, Mayor
AYES:
NOES:
ABSENT:
ABSTAIN:
Shafer, Branson, Clark, Valdatta, Amberg, Brossow
None
Dunham
None
ATTEST:
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