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Borough Appropriates Previous Capital Project Funds To FY21 Borough Road Improvement Project

The Kenai Peninsula Borough Assembly enacted an ordinance appropriating road service area capital project funds from previously appropriated projects to the FY21 Borough Road Improvement Project to fund the Mansfield Avenue, Ferrin Road and Old Exit Glacier, Fish Passage Projects. During the FY19 and FY20 annual budget processes, funds in the amount of $2.78 million and $2.55 million were appropriated for road capital improvement projects.

 

Kenai Peninsula Borough Mayor Charlie Pierce tells the Assembly:

This request, that $735,000 of the remaining available funds be de-obligated from the completed FY19 and FY20 boroughwide road improvement projects and redirected and appropriated to the FY21 projects.”

 

The projects funded in each of the fiscal years have all been completed, or are in the process, apart from the Tern Circle, JacNJill Circle, and Jitney Circle Projects. Currently, there isn’t enough right-of-way to complete the required upgrades to the project. Bids were requested to construct Mansfield Avenue and Ferrin Road and the bids received are higher than the initially appropriated amount. In addition, the Old Exit Glacier, Fish Passage Culvert Project, located in the Seward/Bear Creek area, was also in need of supplemental funding based on the engineer’s estimate to complete the project.

 

It’s estimated that additional funds of $230,000 will be added to the Ferrin Road project, making the estimated total project $469,000; additional funds of $230,000 will be added to the Mansfield Avenue project, making the estimated total project $902,700; and additional funds of $275,000 will be added to the old Exit Glacier, Fish Passage project, making the estimated total project $385,000.

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