MEMORANDUM

TO: Pete Sprague, Assembly President

Members of the Kenai Peninsula Borough Assembly

THRU: Dale Bagley, Borough Mayor

Scott Holt, Finance Director

FROM: Bonnie L. Golden, Grants Manager

COPY: Dave Tressler, Maintenance Director

DATE: September 30, 2004

SUBJECT: Ordinance No. 2004-19-17: Accepting and appropriating a state grant for a school sign at Nikiski North Star Elementary School

Two elementary schools in the Nikiski area were recently consolidated into one. The School District wished to have a sign identifying the new name of the consolidated school - Nikiski North Star Elementary School. The new sign was installed prior to the school year.

Funding for the project was included in Senate Bill 283, which was passed by the Legislature and signed by the Governor in July 2004. The State Department of Community and Economic Development has notified the Borough of the availability of $7,000 for this project.

If the attached ordinance is enacted, the Borough will be able to request the State for reimbursement of costs already incurred on this project.

Attachments (ordinance; notification letter from DCED)