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FY2013-01B Amending FY2013 Budget by Increasing Landfill Lateral Expansion Project and LTC Budget Introduced by: Borough Manager Requested by: Borough Manager 1 Drafted by: Finance Director - 2 Introduced: 03/21/2013 3 Public Hearing: 04/04/2013 4 Adopted: 04/04/2013 5 KODIAK ISLAND BOROUGH 6 ORDINANCE NO. FY2013 -01B 7 8 AN ORDINANCE OF THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH 9 AMENDING ORDINANCE NO. 2013 -01 FISCAL YEAR 2013 BUDGET BY 10 INCREASING THE LANDFILL LATERERAL EXPANSION PROJECT BUDGET 11 (PROJECT 07013) BY $15,468,548 TO $24,113,548 AND INCREASING THE LONG 12 TERM CARE BUDGET (PROJECT 09010) BY $18,415,000 TO $19,865,000. 13 14 WHEREAS, the Borough has received an increase of $5,818,548 in the Alaska Clean 15 Water Fund Loan for the lateral expansion project; and 16 17 WHEREAS, the Borough has sold $3,650,000 in revenue bonds; and 18 19 WHEREAS, the Borough has been awarded a municipal matching grant of $3,000,000; 20 and 21 22 WHEREAS, the Borough received a $3,000,000 FY2012 legislative grant; and 23 24 WHEREAS, the Borough Assembly approved a $20,000,000 revenue Bond to construct 25 a Long Term Care Center; and 26 27 WHEREAS, the Long Term Care Center Bonds will be paid by Medicaid. 28 29 NOW, THEREFORE, BE IT ORDAINED BY THE ASSEMBLY OF THE KODIAK ISLAND 30 BOROUGH THAT: 31 32 Section 1: This ordinance is not of a general application and shall not be codified. 33 34 Section 2: The FY2013 budget will be amended by increasing the Long Term Care 35 Center (project #09010) by $18,415,000 to $19,865,000. 36 37 Section 3: The FY2013 budget will be amended by increasing the Landfill Lateral 38 Expansion project (project 07013) by $15,468,548 to $24,113,548. 39 40 ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH 41 THIS FOURTH DAY OF APRIL, 2013 42 43 KODIAK ISLAND BOROUGH 44 45 � 9) 46 �I 47 ATTEST: Je me M. Selby, B_ Tylayor 48 49 NI A 50 / I L 51 Nova M. Javier, MM /Borough Clerk Kodiak Island Borough, Alaska Ordinance No. FY2013 -01B Page 1 of 1