Kenai tightens finance rules: City disclosure requirements aligned with state's

Posted: Thursday, July 24, 2008

The city of Kenai last week aligned its financial reporting requirements for municipal officers and candidates for office with newly revised state reporting requirements.

The state of Alaska tightened its rules, particularly in the wake of corruption detected among several state legislators, and the Kenai City Council voted unanimously to update its requirements along the same lines.

Under the city change, members of the Planning and Zoning Commission are now required to make financial disclosures along with the mayor, city manager, city attorney, city clerk and members of the city council as well as candidates running for office.

The financial report also must reflect the financial affairs of the municipal officers' spouse, domestic partner, dependent children and non-dependent children residing with the officer or candidate.

The officials need to report the source of all income over $1,000 during the preceding year. However, if the source of income is a gift, it must be reported if the amount exceeds $250.

Although the municipal code change is effective Aug. 16, Kenai officials other than Planning and Zoning members have already filed their financial disclosures for 2007 under the state's more stringent rules.

In other business, the city council approved a $25,000 appropriation for engineering of a new parking lot to be built next to the Kenai Courthouse.

The Alaska Court System has approved leasing the Kenai Airport land from the city and the city has agreed to build a parking lot to augment the courthouse lot reduced in size due to expansion of the courthouse.

Approval of the court system's lease application is pending, according to City Manager Rick Koch.

The council also unanimously approved awarding a $1 million contract to Southcentral Construction, Inc. for bringing a section of Marathon Road up to urban standards.

The affected section is between the new Lowe's Home Improvement Center and the proposed Wal-Mart superstore.

Koch said the road will be paved and include curbs and gutters, sidewalks, landscaping and lighting from the Kenai Spur Highway to the access road into the Homer Electric Association storage yard.

At $1,016,265, the Southcentral bid was the lowest among bidders Wolverine Supply, Inc., North Star Paving and Construction, Inc., and Alaska Roadbuilders, Inc.

The city engineer's estimate for the work was $982,230.

Phil Hermanek can be reached at

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