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1972-03 Transfer of Apportions From Working Capital to Purchase Transceiver for Village SchoolsKODIAK ISLAND BOROUGH ORDINANCE NUMBER 72 -3 -0 AN ORDINANCE OF THE KODIAK ISLAND BOROUGH ASSEMBLY AUTHORIZING THE TRANSFER OF APPROPRIATIONS FROM THE KODIAK ISLAND BOROUGH WORKING CAPITAL ACCOUNT NO. 143.35 TO THE KODIAK ISLAND BOROUGH SCHOOL ACCOUNT FOR USE FOR THE PURCHASE OF A TRANSCEIVER COMMUNICATION SYSTEM FOR VILLAGE SCHOOLS IN THE FORM OF A LOAN OVER THE FISCAL YEAR 72 -73 AND 73 -74 WHEREAS, the Kodiak Island Borough School District is in the process of installing a Transceiver Communication System for Village Schhols, and in order to do this, requires an additional TWELVE THOUSAND TWO HUNDRED EIGHTY -SEVEN and No /100ths ($12,287.00) DOLLARS, and WHEREAS, the Kodiak Island Borough, in order to make these funds available since they are over and above the amount budgeted for, would be required to transfer funds from the Kodiak Island Borough budget, and WHEREAS, the only funds available for such a purpose would have to be taken from the Kodiak Island Borough Working Capital Account No. 143.35. NOW, THEREFORE, BE IT ORDAINED by the Kodiak Island Borough Assembly as follows: Section 1: The sum of TWELVE THOUSAND TWO HUNDRED EIGHTY -SEVEN and No /100ths ($12,287.00) DOLLARS is hereby transferred from the Kodiak Island Borough Working Capital Account No. 143.35 to the Kodiak Island Borough School District, to be used for purchase of a Transceiver Communication System for Village Schools. Section 2: The Kodiak Island Borough School District will repay this sum to the Kodiak Island Borough over the fiscal years 1972 -73 and 1973 -74. Section 3: The Kodiak Island Borough budget and the Kodiak Island Borough School District budget will be Page One, ORDINANCE NO. 72 -3 -0 r) I 1 10 0 1 E 2? 7 amended to reflect the transfer of these appropriations from the Kodiak Island Borough as a supplemental appropriation to the Kodiak Island Borough School District. KODIAK ISLAND BOROUGH By j _ (t, - -- � Borough Chairman By Presi ing 0 er ATTEST: er FIRST READING AND APPROVAL DATE: January 20, 1972. SECOND READING AND PASSAGE DATE: February 3, 1972 EFFECTIVE DATE: March 3, 1972 Page Two, ORDINANCE NO. 72 -3 -0