Item Coversheet

ASSEMBLY AGENDA/MANAGER'S REPORT
THE CITY AND BOROUGH OF JUNEAU, ALASKA

Ordinance 2013-11(AJ) An Ordinance Appropriating To The Manager The Sum Of $350,604 As Funding To Pay Bond Debt, Funding Provided By General Obligation Bond Interest Income

MANAGER'S REPORT:

This ordinance would appropriate $350,604 in bond interest income to pay bond debt. 

Funding provided by unexpended bond interest income from the following completed school district capital projects.  These projects will be closed when this ordinance is approved: 

Dzantik’i Heeni Covered Play Area                       $   3,794 
Adair Kennedy Turf Field Resurfacing                   $     414 

Additional funding provided by unexpended bond interest income from the following active school district capital projects.  The funding for these projects exceeds the amount needed to complete the projects: 

New High School in the Mendenhall Valley        $69,339 
Districtwide Major Maintenance Upgrades            $9,656 
Glacier Valley School Renovation                     $257,357 
Harborview School Renovation                             $7,724 
Juneau School District Site Improvements            $2,320  

The Public Works and Facilities Committee approved this action at its January 13, 2014 meeting.

The Juneau School Board approved this action at its February 11, 2014 meeting.

RECOMMENDATION:

The Manager recommends adoption of Ordinance 2013-11(AJ).

ATTACHMENTS:
DescriptionUpload DateType
ordinance 2013-11(AJ)2/19/2014By-Laws