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1983-14 To Effect Transfers Between FundsC) AN ORDINANCE OF THE KODIAK ISLAND BOROUGH ASSEMBLY TO EFFECT TRANSFERS BETWEEN FUNDS. WHEREAS, the Assembly of the Kodiak Island Borough has appropriated certain fixed sums of money and issued bonds to complete specific school capital projects, and WHEREAS, certain projects are nearing completion with some amounts of unexpended funds, and WHEREAS, certain other projects are in their initial stages without funding or with insufficient funding. NOW, THEREFORE, BE IT ORDAINED, that staff is hereby authorized and directed to effect the following project and fund level changes: Current Revised Budget Amendment Budget TRANSFERS FROM.... Akhiok School $ 2,296,600 $(122,600) $ 2,174,000 Kodiak High School Roof 541,500 (34,730) 506,770 East PE Building 1,530,680 45,000) 1,485,680 Total (fund 045) [ ) TRANSFERS TO High School Locker Room $ 490,400 $ 202,330 Total (fund 043) $ 202,330 BE IT FURTHER ORDAINED that staff is authorized and directed to effect the necessary line item changes within the limits established above by project to properly monitor, account and report for the expenditures of these funds. All ordinances or parts of ordinances found to be in conflict with this ordinance are hereby explicitly rescinded. PASSED AND APPROVED this 3rd day or March , 1983 by the Kodiak Island Borough Assembly. ATTEST: KODIAK ISLAND BOROUGh ORDINANCE NO. 83 -14-0 KODIAK ISLAND BOROUGH By A /(/� :�roug ayor First Reading, Approval Date: February 3, 1983 Second Reading, Public Hearing, Approval Date: March 3, 1983 Passage Date: March 3, 1983 Effective Date: March 3, 1983 Recommended By: Finance Director $ 692,730