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Resolution 5894 - Budget - BID AppropriationReturn to: Kalispell City Clerk PO Box 1997 Kalispell, MT 59903 II IIII II II i I I II I IIIII IIII IIIII II IIIII II II IIIII IIII IIII HE IIII I I IIII IIII Page: Iof92 61 Debbie Pierson, Flathead County MT by DD 8/23/2018 11.15 AM RESOLUTION NO. 5894 A RESOLUTION MAKING THE ANNUAL TAX LEVY FOR THE BUSINESS IMPROVEMENT DISTRICT (BID) OF KALISPELL, MONTANA, FOR THE FISCAL YEAR 2018-2019 AND LEVYING AN ASSESSMENT FOR THE BID FOR FISCAL 2018-2019. WHEREAS, the assessment cost of the Business District for the fiscal year 2018-2019 is estimated to be $41,385, and the levy revenue will generate $73,499 for a total of $114,884. WHEREAS, at a public hearing held on the 2nd day of July, 2018, the City Council did consider all objections made to said estimates and to the basis of levy and assessments for payment for said costs (included as part of the City of Kalispell budget). BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL AS FOLLOWS: SECTION 1. That there is hereby levied upon each and every dollar of the taxable valuation of the Business Improvement District of Kalispell, Montana, for the fiscal year 2018-2019, the following levy: BUSINESS IMPROVEMENT DISTRICT LEVY 37.5 MILLS SECTION 2. That there is hereby levied upon each and every dollar of the taxable valuation within the Business Improvement District of the City of Kalispell, Montana, for the fiscal year 2018-2019, the following assessment: ASSESSMENT 015/SQ. FOOT SECTION 3. That the annual appropriation for the Business Improvement District of the City of Kalispell, Montana are hereby fixed as follows: BUSINESS IMPROVEMENT DISTRICT $147,183 SECTION 4. The Business Improvement District Board of Directors is hereby authorized to transfer any part of an unencumbered balance of an appropriation to a purpose or object for which the appropriation for the current year is insufficient or to transfer betweens items appropriated within the fund. PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE CITY OF KALISPELL THIS 20TH DAY OF AUGUST, 2018. Mark Johns Mayor ATTEST: 1111FIG,i,1�,; , ,`' 4Aiee Brunckhorst, CMC . BFPO , City Clerk SEA °WAND