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FY2008-08 Moving Money inFund 410A RESOLUTION OF THE KODIAK ISLAND BOROUGH ASSEMBLY MOVING MONEY FROM UNDESIGNATED PROJECTS IN FUND 410 BOROUGH CAPITAL PROJECTS TO THE KODIAK MIDDLE SCHOOL ASBESTOS ABATEMENT PROJECT, THE MAIN ELEMENTARY ASBESTOS ABATEMENT PROJECT, AND THE KODIAK HIGH SCHOOL SOIL REMEDIATION PROJECT WHEREAS, the Kodiak Middle School has significant issues with asbestos and needs $155,000 to abate this hazard; and WHEREAS, the Main Elementary School has significant issues with asbestos and needs $43,000 to abate this hazard; and WHEREAS, the Kodiak High School oil tank, located under the parking lot, developed a leak and contaminated the soil under the parking lot and needs $190,000 for clean up: and WHEREAS, Fund 410 has $739,254 in undesignated projects. NOW, THEREFORE, BE IT ORDAINED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THAT: 1. New project 08001, Kodiak Middle School Asbestos Abatement, will be established in Fund 410. $155,000 will be moved from undesignated projects to this project. 2. New project 08002, Main elementary Asbestos Abatement, will be established in Fund 410. $43,000 will be moved from undesignated projects to this project. 3. New project 08003, Kodiak High School Soil Remediation, will be established in Fund 410. $215,000 will be moved from undesignated projects to this project ATTEST: ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THIS TWENTY SEVENTH DAY OF SEPTEMBER, 2007 fr Nova M. Javier, CMC, Kodiak Island Borough, Alaska orough Clerk KODIAK ISLAND BOROUGH RESOLUTION NO. FY2008 -08 Introduced by: Manager Gifford Requested by: E &F Director Koning Drafted by: Finance Director Short Introduced: 09/27/2007 Adopted: 09/27/2007 KODIAK ISLAND BOROUGH Resolution No. FY2008 -08 Page 1 of 1