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IndexTRANSCRIPT IPT INDEX 4,5 09itit City of Kalispell, Montana Special Improvement District No. 344 Bands Series 2006 Dated Date: JUne 1 , -2100 Date of Oosin - JUn -? , -2100 PARTICIPANTS 'ity/Issr.~rcr: -'ity+ of Kalispell, Montana PUrc..hascr. D.A. Davidson & -,0. Financial Adviser: D.A. Davidson & 'o. Paying Agent/Registrar- U.S. Barry National Association its Seattle, Washington Bond 'OLInscl: Kennedy & Graven, Oartcrcd I. Documents Relating to the Bands 1. RCSo IUti()r1 Nc . 1 1 1. LlCic [)tCCi by the .'ity .'()U11Cil ()l' the .'ity ()n ApI-I1 ). 1006. RcL.-ttir1g) to S pCc i(:tl I111pr'mcillcilt District No). 344 Bo nci : AL1tl1()r-i ir1(( the ISSLILHICC L-HlCi l'()r- t1le Public: L-11c Ther-e(WL-mci AL1tl1()r-i ir1( the Pleci�g�• (Wthc l �•vo lvirl�. l' LIIICi to the CCLIr-itv There( l' ?. A lick.-ivit ()l'PU licc,.:ttI(m ()l'N()t[cc ()l' L-tic ()l'Bo nci l licIL-ll l rci Form SUbmitteci to the .'it by the Pl1t-Cl7C:1 CI- OP Jl1r7C 1 ). 2006. 4. l • c l��tic r� Nc . 1 ?{ . :tcic � •ci by the City .'c� incil c)l' the City ()n June 1 �. �'006. Rclf.ttir o to [)ccif:tl Imp-mcamit District No). 344 Bo nci . Scrics '100 :. the c:tic Thcr-co f cf--mci Appr-mirl�� cr-tc,--un l cf--ittcr- �-�-ith Rcs[) ct Thcrctc RCSo IUti()r1 N(). )12? ). �-Ki()[)tCCi by the .'ity .'()U11Cil ()l' the .'itV ()r1 JU11C 11). 2006. RcIL-ttir to) S pCciL-tl Imp-mcment District No). 344 Bo nci . Scrics ')0(') :. Fixing.) the Form L-mci Dcu.- it L-mci Pr-cmding.) l()r- thC l ;'XCCLlti()rl :t ci Delivery- y- There( l'L-tr1Ci SCCUrity Ther cl-Or c 6. PreIIrilrric:try II rcrL-ll S tc:ltcIiicIit. ck:ttcci ML-tv )1. 21006 7. l' ire :tl 111CIctl StLItCIII C11t. Cic'-ACCi JU11C 13. 2)006 S. OlItHIL11m. DISCIO UI-C [..ncicr-t(:tl ire.. ci',-:ttcci :t ()l'JLIIIC 211). 21006 Specimen Bo nci 1 { . .'er-tilic:ttc L-Is to r- :tr�i attic r� 1 1. .'el-tiliC:lte L-Is to i-llL: LII- • 01' 11 [CC[-S. Ck-ACCi L-IS OHMIC 1 . � 006 1 ? . ( I it i :l i(ml :l ll(i A i-k itr-�-t(C .'CI-t i I IC L C. CiLACCi L-1 S 0f J U11C 2 . 21006 1 .' •rtilic-:lti()I I :1 l( 1'li i :ll-ACITIC1lt. Ci'ACCi LI ()1'J1111C 29. -1006 14. Receipt ,---m ci D c l i vc r• ,-. e i-t i l c',--ite. ci "L.-iteci L-1 ()1' J L117C 21 . 2006 1 .'ei-til c',--ite (WRegm tr:lr-. ck:ltcci :1 ()1'JL117C 21 . � 006 16. .'ertil c',--ite L- lci Receipt ( fPL1r-CllC:l C1-. Ck-ACCi L-1 ()1'JL117C 2 . 006 17. .'ei-tific',:tt • 70PSU1L:11lt. Ck-ACCi L-IS OHMIC 2 . � 006 18. rci 11 :l11cc N (). 751 . :lci()ptCCi bV tllC .' I t V .'01111C 11 0 f t I I C .' I t V 011 L-lV 13 . 11 ) S. .'r- • :lt l 11 t I I c S p C c IC,.:ll I mpi-oveamit l: i tr-ict l evo lv ill. FlllllCi 1 rci 111-:11icc N (). 94 8. Lici()pteci Fey the ." it 70U11C I ()f the .' ity ()ll 1 � c,-irch 17. 11 0. to Fi.stC,.i l 1 sll L1 tC,--m(k:lrci Fee SChCCiL11C to be :'llc:lr cci Fey- the :'ity lour C'ost L-lllci F'. [) ise of Fl(�r-lm,-:ltl(m of L-1 pecL--ll Impi-oveamit 1_ 1 tr1ct 0. Illl()nm,:ltl(}ll RCU1l-ll 1()l- T,-ix-FxcmpG( ' •t'lllll 'll :ll F}llti' :l l( 17 . Form {. - a (Rev. ovembei— ?{ 00). Ck-ACCi J1117C 2 . 006 1. BIL-mket I L1Cr Letter- ()f Rcp-cs •lltC:lti(m offhe l: cposlt( ry TrL1 t oll-i[xllly. 11. pim(m of Bo lxi 7(}MISC1. Cic'-ACCi L-IS OHMIC 2 . � 006 ' n. �)illi( 11 (1' .'i (l-ll�'y�. ci�:ltcci :1 ()1'JL117Cx 2 . 1006 24. :'10SIPL� 111 tr-11CUNI ? Fill :ll Debt CI-ViCC SChCCiL11C 11. Supporting Documentation Relating to the Old School Station Project 26. C.'ItV:'M111C1I IIICCUII( 11lll1LItC of(kto bcr- . '1005 ? RCSo 1L1ti(�ll (. 06. :l i( p• i ley .'lt .'0U11CI (ill (F •r- . 2005. . l •l :l mo to the [)CCI,'_:ll Ill pi-oveamit 1_ i ti-Ict No. )44: 1_ ecIL-lt'lll�g it to be the 111tClltl011 0f the .'ltV .'M111C11 to the D1strict loW the PLll-[)()SC 0f UnciertLikil7(? ill 1,()C:C.11 IIll pr-mcillents c.111Li Flil7-:mcin the (.'()sts there(W :lll i lllcl i •ll :ll Tll •veto Tlil'OL1011 the 1 11L-111C C Of [)CC1L-11 IlIl[)rMC IT-tem 1_ i trice F (�lxi CC LII-CCi ill P'11-t V the 'ity' pCr•clL-ll Ill pi-oveamit 1_ i ti-Ict FlllllCi {the 4"RCSO ll1U0ll 01}11ACIA1011") .'•rI -ICL,aof l:llllll (1' (1 (1' F':1:1 (1'll l(ll1l(11 (1' 1llxlll(ll. lll:lllC~i 1i1-1:1 A ]]-I cic,--iv1t 0f F'UF?11cc:ltl()ll (1'N otIcc ()f F' :1 c:1((c ( f the Rc s ()ll1tl011 0f IIAC11t101l. [)Ub11 sheci cto)be I- 1 { . :'itv :'(�1117�'1 ITIC�'UM.) IIIII711tC ()1' Ct(�bC[- 17. '100 1. RCSo lL1ti()1I NO. 5068. L-ld(�pted by the .'ity .'()LI[I .iI ()n October 17. 2005. (W Intention to Adopt. Revise ()I- ReJect A Recommended Amendillent to the KL-111 poll Grm-vth Policy. 2020 ?. RCSo IUt1011 N 0. 069. L-id()ptcd by the .'ity .'()U11CII ()n Octo bc1- 17. � 005. 111ng.) 101- L-1 PU b II c I IcL-1r111 to Amend the A17nUL-11 Appr()prl,,-:ltl()n ()f the .'It ()1' I ,,-:lll pcll. Mo ntc:117c:1. L-1 et 1(wth ill the 100-'1006 I- old o ct Adopted pted by the .' ity .'()LI1I�. i l RCSo lL1ti()1I NO. 5070. C.-ido�pted by the .' ity .'()LI[I . i l OP October 17. 2005. N' Intent to F tc.-i l i h Cm 111dU S tr-1 :lI T :1 x I llCI-CIII C[it D1 s tI-Ict ,-..it 0 lei Sc11()()I St,-:lti()17 L117d CLIII 1()r PU b I I I II-ing.) t .- ncieI- M ntL-117L-1 :'()cis~ Anno u.-ited Title~ 7. .'h :iptcr- 15. P :irt 42 34. RCSo lUtKMI N (). 071. L-ld(�pted by the .'itv '.'()LI PC II NI Ct(�bC[- 17. 200 . ()f I17 ent to F tc:lt 11sh L-1 Tcchno l()()y TL-ix Increment District trict La Old ClI()()lSu.-ItiO11 C'El i .'L-111 1()r- PU lic I IcLu-ing t.j ider Mo ntc:117c:1 Cmic A17no u.-lted Title 7. 71 Lipter 1 �. P,--irt 4? A 1 idC,--ivit 0f PU licc:ltMn ()f L-1 N Ot[CC 0f PU lip. I In�( sClICdL1led ]()r N member 7. 21006, to con s ider pr-()p()sCd ()I-diIIC,1IICC estLi lishing :117 ilIdUStr-L-11 tLIX i17Cr-ClllCIIt dIStl-iCt. [)U lished October ? 5. � 005 -md 6. A ffiickwit Of PU licc:lti(m (W L-1 NOUCC Of PU lip. I sclICdL1lCd 1()r Nmember 7. 2006. to consider [)r-()[)()Scci ()I-dIIIC,1IICC esucit li him. :111 tC lI[I()l(w)y u.-IX i17CrCIIIC17t di triCt. [)U li hed October 215. 200 37. A 1 ick.-ivit Of PU licc:ltlmi (W L-1 N OUCC Of PU lip. I sClIC L1lCd 1()r N member 7. 21006. to consider '1111cili111cl7t to 44T .11 i pelI a r-m-VII7 Po l iCy 20-20°'. [Ni l i hed October 2 200 �--m i ()v C[Ilbcl- 1. 200 A d'--ivlt ()f PU li�.C:lti()n (W �.1 (UCC Of PU lip. I I�•�:lril��� clICdL1lCd 1()r (���'�•1l� bei �. ?{�{� �. �(� �(�17 i�i�•r '1111cil ill ent to the � 005-� 006 1 sc'--d bL1d��Ct." [)U li hed October 25. � 005 --md Nmember 1. � 00 .'()1117C11 ITICCU172 111111LItC (f1 member 7. 005 40. RCSo llltl()17 NO. '5073). ,--ido�pted bV the ('.'ItV CO1117C1I NI ()VC[TIbCi- 7. � 005. Adopting) �:1 Recommended AIII c17dIII cnt to the i L-lli s peII G I-()�-v-th P()Iicy 2020. to be K 17(1-v-n L-1 s the I Iigh y 1) ) Uth aI-()�N-t11 Policy- Amendment 41. Reso lUtiO11 NO. 074. L-ld(�pted by the .'ity .'()LI[I .iI ()n Nmember 7. � 005. ReLcltim) to [)Cci"-:ll I mprmement District o). 44:. 're',--ain the District 1()[- the PUrp()sc (W t .j ideru.-i ing.) .'eru--u 7 L()cL-11 Imp1'mcment cand the :'() t There(W L-ind Ilic:identL-il Thereto Thr-OLH 11 UIC I uL-111C • Of [)cci,,-:ll Imprmell ent District Bonds nd CCUred I}V the .'1t ' [)cci,,-:ll Imprmell elit District I ev(�lvII70 l' UIld 42. '1t .'()1117C11 IIICCUII( 11111711tC (f1 member 11. 21{ 0{ ) 4 1. RCSo llltl()17 O. 5080. C--1do [)tcd lJ}�.: t17�• :'ity :'(�lll7� 11 (�l7 (��'�•lllt)�'r � 1. �{�{��, �' �i(��)tll7�� �:1 l �•�'�•1()�)III �'llt PI :117 1()r- :1 Tcclili( I()(..)' TL-ix Increment District [.jndcr Mo ntc:117c:1 :'()cis• A171 o u.-lted Title 7. :I :1pter- 15. PL-irt 2 L-in i ML-ik ing .'cru:lin 0 thcI- l' I n d 1 n (..) s \-v-Ith Rcsp ct Thcret( 44. rd wc,--mcc o). 1 5 56.--ipprmCd try the .' ity .'()LI[I . i l ()n Nmember 211. 2005. to Amend cctI()n 2 7. 021.0 10. 11 lC 1 ()17117mc'...1p. C.,ItV ()f l L-lll s pc11 ()17117g rd117L-11ICC. { rd117c:117cc 17(). 14 6{.��. by (.'crtc:lIII rcc:tl PI-()pcrt. y DcscI-i bed L-t s F'C:lrccI A ()f .'CrtiliCL-ttC ()f S LII- V CN" 16 3) 3)7 icL-itcd 111 cctI n � �, To wnsh1p) 8 No)rth. l C.tn(cx 21 Wc st. P.M.M., Fk--ithcc,--id .'()U11ty. MNIU-1rIL-t (I P I-C V I ( )LI S 7 ()IIC .'()LIllty I-1. i � WAlt. I IIdL1 tr-i(:tl) to .' ity 1-1 (i � WAlt. 1 IIdL1 tr-i�:tl ). i i III Acco rck.- cc �.v. ith the i c'.:tl i pell arc vv-th Policy 1020. L-ind to Pr(wide l ;'.11ective 1: c:ttc 4 )rdillclillce 1) 7) C � row • i by tl� • :'ity :'c ��r� it cry c •rll •r- ? 1. ?{ { t :tt li l�ir� :try Ire i�� tr-i :tl TC,..ix Increment District trict to Assist III l' inc,-- c ing.) IIIdL1 tt-IC'1l I 11l'r-L-t ti-LIC ll-C to l ;' IICo�L1r-C--W-)C the 2{ ttr- :tc;ti(mi. Grmx---th. -inn Retenti(m cal' cco ndc':tr- . L-IlLic-Adding IIIdL1 tr-IC to the .'ity cal' i ,:tl[S[)Cll. l c rat :try :t: Prcwl& ]()r- Defiriti(m ()f Terms:. F tLi li hirl�L� the ('.'()sts Which Be F'',-:tid by the IIICiL1 trlC:tl TC,..ix Increment District trict to be .'reL:t cd y- This ',cm i i ppi-ming.) the Old C11001 St. �:tti()r1 1Ild U St.r-TC:t x Increm c n t D i st.r-Ict cal' the .'ity ()f I ,,-..i 11 s pc 11. M ntc:tnc:t: L-ind l st.L-ib11shir1�� the B()UIldi-:tr-iC S ()f the ICi S C11001 St. :tti()r1 I11CiU St.r-i :tI T :i x Increrl crat D i s tr-ict: F s tc,--ib li shin g) 11U :tr--V 1. 2{0:tthe B,:t�T,:t,:tlec'-tr- l)r- the IIIdL1tr-1,:tT,:t Increment District 46. rdir1C111cc 155 8. {-1ppI-()ved by the C.,it .,OUr1Cil ()n N ()v crl bet- 11. 2005. E stc,-& li shin g) {:t Techn l�g)v TC,..ix Increment District trict to Assist ire CCCSSC'.lrV III fi-C:t tI-L1CtL1I-C to l;'IICo�L1r-C--W-)C the L( CLIti011 ClUl i Retentimi ()f Tccliric l()(..)v 1: cvcl()pm cnt. Pr()Jjccts III the tc:ttc ()1' L-tr1d the :'ity ()f i ,,-:tli s pc11. M()ntc:tPI-()v1d1ng I'() I- De Initi()n ()f Terms.-. l ;'. s tc:ib11sh1ng.) the ('.'()sts Which Be F',---u i by the Techno l(m. TC,.ix Increment District to Be .'reLited by this rciilIc:111ce: ',--m i Apprmi112) the Old cho ()l ucal(m Tccliric�l()�(v TC,..ix Increment District trict ()f the .'itv ()f i ,,-:tli [)cll. L-tr1d l ;'. tLi li ling the Bo LIllCi,'-:triCOf the Old ClI()()l u-iti(ml TC,.ix Increment District: trict: l ;'.tc:tlil�ir� .1:tr���:tr-v 1. �'{{:t tl�• B:t• TC:t:ll}l' "r':lr lcr- tl�• lil�ccl t:tticri T•liricicv T:t Increment District trict 47. RCSo IUti()r1 N (). 5)0 2. Lld()[)tcd by the .'itv .'()LI11 Cil ()n F eb RUIry )1. )006. A p p Ing.) the l' InL-il F'lL-tt cal' Old cho ()l ucal(mi. Described '-.-IS Assessor .s Tr,:tct 2 111 ecti(m 33. Tmv-ns yip 2(wth. RL-m�(c 21 West, P.M.M., l' lL-tthec'.-td Mc�rAL-trlL.t 48. C.,c1-t11 is-:ttc ()f M--lilirIrdin c c 1 �57. rdin c c 15 S. ,..in d Re So IUtINI N (). 080. rIl-.trlCCi III -St. Clc'-.ISS ()n X member 2 S. 1006. to tc:ttc ()f Mc�nu--mc:t De ent. ()f l cVCIILIC. c�r11CI- cho ()l District trict 21 . ',cm i i ,,-:tli [)cll cho ()l District .15-1 (BW.1) 2112v,I 4 DISTRIBUTION N LIST City of Kalispell, Montana Special Improvement District No. 344 Bands Series 2006 -'harles I Iar all James Patrick Amy Robertson Theresa White ity+ of Kalispell, Montana 3 12 1st Ave. E. PO Box 1997 Kalispell, MT 03-1 7 Tel: 406 7 5 8-770 I Iar all 406 7 -7 70 3(Patrick) 406 7 -7 7 6 White Fax: 406 7 -7771 Finail: char all i.l alis ellxo jpatrick( lea1ispell.co aro ertson(� tt l al is ell coo tw h i to.la l i c e 11. c crrt PAYING AGENT Sherrie L. Pantle, -'(ITS Vice President U.S. Bank National Association -'or orate TrLlst Services PIS- A-T7 -'T 1420 Fifth A ven Lie, 7th Floor Seattle, Washington 98 101 Tel: 206- 344-4676 Fax: 2 06- 3 44 -46 3 2 Finail: sherrie. antle I)Lis an .co 2 5-1 (BWJ) 270399 v.1 FINANCIAL ADVISOR Aaron RLidio PLibl is Finance Department D.A. Davidson idson & -'o. Third Street North The Davidson idson BUildin Great Falls, MT 59401 Tel: 00 332-5915 Finail: arLid o(� t)dadcoxo Bridget Fl strom D.A. Davidson idson & -'o. 402 Fast Main SDI to .202 Bozeman', an, MT 59715 Tel: 406 6-6 6 Fax: 406 6-2 160 Fmail: bekstrom(�7t�dadco.com BOND COUNSEL Bergjamin W. Johnson, Fsq. Sofia Fstrellado (Paralegal) Kennedy & Graven, -'hartered 470 US Bank Plaza 200 SOLith Sixth Street Minneapolis, MN 55402 Tel: 61 2- 3 37- 2Johnson 612-337- 2 4 Fstrellado Fax: 61.2 3 3 7- 3 10 Finail: b'ohnson(��tkennedy-gravenxom sestrel lado(tt) ennedy+- ra erg.co