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I11. Res. 5939 - TBID Appropriations'104%904h%. City of Kalispell LISPELL post Office Box 1997 -Kalispell, Montana 59903-1997 Telephone (406) 758-7700 Fax - (406) 758-7758 REPORT TO: Doug Russell, City Manager FROM: Rick Wills, Finance Director SUBJECT: FY2020 Tourism Business Improvement District Appropriations MEETING DATE: August 19, 2019 BACKGROUND: The TBID annual appropriation request is $668,000. The TBID is a component unit of the City of Kalispell, and City Council approval of the appropriation is required. Collections for hotel assessments are passed through to the Chamber of Commerce from the City, but the City does not maintain a fund on its books to track their revenue or expenditures. RECOMMENDATION: It is recommended the City Council approve Resolution 5939, a resolution setting the annual appropriation for the Tourism Business Improvement District of the City of Kalispell, Montana, as set forth in the 2019- 2020 budget adopted by the City Council. ATTACHMENTS: Resolution 5939, Appropriations for TBID Return to: Kalispell City Clerk PO Box 1997 Kalispell, MT 59903 RESOLUTION NO. 5939 A RESOLUTION SETTING THE ANNUAL APPROPRIATION FOR THE TOURISM BUSINESS IMPROVEMENT DISTRICT OF THE CITY OF KALISPELL, MONTANA, AS SET FORTH IN THE 2019-2020 BUDGET ADOPTED BY THE CITY COUNCIL. SECTION 1. That the annual appropriations for the Tourism Business Improvement District of the City of Kalispell, Montana are hereby fixed as follows: TOURISM BUSINESS IMPROVEMENT DISTRICT $668,000 SECTION 2. The Tourism BID 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 between items appropriated within the fund. PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE CITY OF KALISPELL, THIS 19TH DAY OF AUGUST, 2019. Mark Johnson Mayor ATTEST: Aimee Brunckhorst, CMC City Clerk