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Resolution 5903 - Airport Master Plan AmendmentRESOLUTION NO.5903 A RESOLUTION APPROVING AN ADJUSTMENT TO THE LEASE AGREEMENT BETWEEN THE CITY OF KALISPELL AND THE KALISPELL AIRPORT USERS GROUP AUTHORIZING ADDITIONAL EXPENDITURES IN THE MASTER PLAN FOR CAPITAL IMPROVEMENTS. WHEREAS, on December 4, 2017 the Kalispell City Council passed Resolution No. 5848 approving the form of a lease between the City of Kalispell and the Kalispell Airport User's Association; and WHEREAS, the above -described lease contained a Master Plan for Capital Improvements to which the City Council agreed that the City, as owner of the property, would participate with funds from the South Kalispell Tax Increment Financing District for certain enumerated eligible projects; and WHEREAS, the Kalispell Airport User's Association has obtained bids for the approved projects and have determined that the total cost of the projects will exceed the cost estimates of the City's commitment and the Airport User's Association commitment by the sum of $54,254; and WHEREAS, the Kalispell Airport User's Association desires that the City consider adjusting its commitment to reflect the actual eligible costs of the projects rather than the earlier projected costs. NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL, MONTANA, AS FOLLOWS: SECTION 1. The Kalispell City Council hereby approves of the expenditure of funds for Kalispell City Airport capital improvements from the South Kalispell Tax Increment Financing District to pay for the additional eligible costs in excess of those projected costs associated with the approved projects set forth on the Master Plan for Capital Improvements incorporated in the Lease Agreement between the City of Kalispell and the Kalispell Airport User's Association dated December 4, 2017, in an amount not to exceed $54,254. PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE CITY OF KALISPELL, THIS 5TH DAY OF NOVEMBER, 2018. Mark Johnso Mayor ATTEST: Aimee Brunckhorst, CMC \\����X City Clerk 1a92 4.