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1989-26 Increasing Funding for Exxon Oil Spill Clean-upKODIAK ISLAND BOROUGH ORDINANCE NO. 89 -26 -0 By: Mayor Selby Recommended by:Finance Director Introduced: 9/03/89 Public Hearing: 10/05/89 Amended: 10/05/89 Adopted: 10/05/89 AN ORDINANCE INCREASING FUNDING FOR OIL SPILL CLEAN -UP WHEREAS, the Kodiak Island Borough Assembly adopted Ordinance No. 89 -15 -0, on May 18, 1989, to establish proper accounts to facilitate the receipt and disbursement of funds in regard to the Exxon oil spill; and WHEREAS, to date the oil spill related clean -up expenditures have exceeded one million dollars and continue to escalate and the amount of further expenditures are not definitive at this time: NOW, THEREFORE, BE IT ORDAINED by the Kodiak Island Borough Assembly that staff is hereby authorized and directed to effect the following project level changes in the 1990 budget: Current Revised Fund Budget Amendment Budget lnue Source 066 -334 DEC $ 500,000 -0- $ 500,000 066 -334 C &RA -0- $ 500,000 500,000 066 -367 Exxon 500,000 1,500,000 2,000,000 $1,000,000 $2,000,000 $3,000,000 Expenditures 066 -297 Spill Cleanup 500,000 1,150,000 1,650,000 066 -298 Spill Clnup. CRA -0- 500,000 500,000 066 -299 Spill Clnup. DEC 500,000 -0- 500,000 066 -300 Administrative reimbursement -0- 350,000 350,000 $1,000,000 $2,000,000 $3,000,000 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. ATTEST: Boro Clerk PASSED AND APPROVED THIS 5th DAY OF OCTOBER, 1989. Kodiak Island Borough B oughMayor g Of icer Ordinance No. 89 -26 -0 Page 1 of 1