Resolution 4616 - Calling for PH - Budget Amendment - US Highway 93 North Water Bonds2302
RESOLUTION NO. 4616
A RESOLUTION CALLING FOR A PUBLIC HEARING TO AMEND THE ANNUAL
APPROPRIATIONS OF THE CITY OF KALISPELL, MONTANA, AS SET FORTH IN
THE 2 0 0 0 - 2 0 01 BUDGET ADOPTED BY THE CITY COUNCIL FOR THE PURPOSE OF
APPROPRIATING FUNDS FOR THE U.S. #93 NORTH WATER BOND.
WHEREAS, in the budget adopted by the City of Kalispell for the
2001 fiscal year, certain detailed and itemized estimates
of expenditures for installation of U.S. 493 North Water
Bond have proven inaccurate in the operation of the said
Water Fund for the 2001 fiscal year, and
WHEREAS, the overall expenditures of the said Water Fund are
currently not in excess of the total of such estimates of
expenditures adopted in the City's budget for the 2001
fiscal year, however, it does appear that the total of
the budgeted appropriations in said classification will
exceed such estimate for the balance of the 2001 fiscal
year, and
WHEREAS, Revenue bonds have been issued in the amount of $761,000.
Earlier estimates set the cost of the bonds at $660,000,
necessitating a $101,000 increase in appropriations, and
WHEREAS, the appropriate fund would be a Water Fund, 5220, with
the appropriate expenditure line item 5220-447-430550-
950.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
KALISPELL AS FOLLOWS:
SECTION 1. That on June 18, 2001 at 7:00 o'clock P.M., .in
the Council Chambers, City Hall, Kalispell,
the City Council will hold a public hearing on
appropriating funds from Water Fund in the
amount of $101,000 for U.S. #93 North Water
Bond.
SECTION II. That notice of the passage of this resolution
shall be published pursuant to Section 7-1-
4127, MCA.
PASSED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE CITY OF
KALISPELL, THIS 21ST DAY OF MAY, 2001.
Duane Larson
Mayor Council President
ATTEST:
Theresa White
City Clerk