HomeMy WebLinkAboutORD 4733 CITY OF RENTON, WASHINGTON
ORDINANCE NO. 4 7 3 3
I AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON,
PROVIDING FOR 1998 BUDGET AMENDMENTS FOR CAPITAL
IMPROVEMENT PROJECTS FOR THE RENTON MUNICIPAL
AIRPORT.
WHEREAS, it is necessary and advisable to amend the 1998 Budget to accommodate
planned and unplanned expenditures for the Renton Municipal Airport; and
WHEREAS, the Council authorized the Airport Manager to contract for design services
for two projects; a Runway Safety Area Improvements Project, a Federal Aviation Administration
grant project eligible for 90% reimbursement, and a Control Tower Heating and Ventilation
Equipment Replacement Project; and
WHEREAS, the.Federal Aviation Administration has agreed to provide an Airport
Improvement Program Grant, eligible for 90% reimbursement of actual construction costs, for
airport drainage improvements, which will be conducted by the Corps of Engineers in connection
with the Cedar River Dredging Project; and
WHEREAS, engineering estimates have been received for the construction hases of the j
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three projects: Airport Runway 15 Safety Area- $460,000; Corps of Engineers Airport Drainage
Improvements - $275,000; and Airport Control Tower HVAC Upgrade - $55,000.
, SECTION I. The followin ad'ustments are hereb allowed and made to the Air ort
g J Y P
' Capital Improvements Fund, Fund Number 402.
1998 Bud�et Adjustments 1998
Ado ted Bud et Per this Ordinance Ad'usted Bud et
$491,500 $790,000 $1,281,500
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ORDINANCE NO. 4 7 3 3
The $780,000 will be from the Airport Fund Undesignated Fund Balance and the
Avigation Easement Reserve Account. The use of the Avigation Easement Reserve Account is
necessary because of the unexpected and unprogrammed Airport Drainage Improvements Project.
This reserve account will be reconstituted upon receipt of Federal Aviation Administration
reimbursements of appro�mately $661,500.
SECTION II. This ordinance shall be effective upon its passage, approval, and five days
after publication.
PASSED BY THE CITY COLJNCIL this 2 athday of July , 1998.
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Marilyn J. e r en, City Clerk
APPROVED BY THE MAYOR this 20thday of July , 1998.
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Jess anner, Mayor
roved as to ` �I
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Lawrence J. Wa n, City Attorney �
Date of Publication: July 2 4, 19 9 8 -
ORD.727:7/06/98.
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