FY2008-39 BMX Track RefundATTEST:
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Nova M. Javi 7 r : orough Clerk
Kodiak Island Borough
KODIAK ISLAND BOROUGH
RESOLUTION NO. FY2008 -39
Introduced by: Manager Gifford
Requested by: Bill Hinkle
Drafted by: Finance Director Karl Short
Introduced: 06/05/2008
Adopted: 06/05/2008
A RESOLUTION OF THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH
REFUNDING CONTRIBUTIONS FROM ORGANIZATIONS AND INDIVIDUALS FOR
CONSTRUCTION OF A BMX TRACK. WORK ON THIS PROJECT HAS CEASED.
WHEREAS, the Kodiak Island Borough appropriated $55,000 from the General Fund; and
received $39,667 in contributions from several different organizations and individuals over the
years for a new BMX track; and
WHEREAS, the total budget of this project is $94,667; and
WHEREAS, $49,275 of this budget has been spent; and
WHEREAS, there is a balance of $45,392 of available funds for this project; and
WHEREAS, work on the BMX track has ceased;
NOW, THEREFORE BE IT RESOLVED BY THE ASSEMBLY OF THE KODIAK ISLAND
BOROUGH that the following funds will be refunded as follows:
Donator Refund To Amount
SK8Board Cycling Assoc. $ 952.77
CHAR CHAR 5,000.00
Elks Elks 8,000.00
Lions Lions Club 12,964.00
Nielsen Cycling Assoc. 2,750.00
City of Kodiak City of Kodiak 10,000.00
Total $ 39,666.77
ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH
THIS FIFTH DAY OF JUNE, 2008
KODIAK ISLAND BOROUGH
ome M. Selby, Boroug
Resolution No. FY2008 -39
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