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Resolution 4491 - MACI Grant - Street SweepersVV 1969 1 RESOLUTION NO. 4491 A RESOLUTION TO AMEND THE ANNUAL APPROPRIATIONS OF THE CITY OF KALISPELL, MONTANA, AS SET FORTH IN THE 1998-99 BUDGET ADOPTED BY THE CITY COUNCIL FOR THE 1998 MONTANA AIR QUALITY EQUIPMENT MATCHING FUNDS AGREEMENT (MAGI). WHEREAS, the annual appropriation for a MACI grant is a federal grant received subsequent to the adoption of the Fiscal 1998-99 budget, in accordance with M.C.A. 7-6-4271, and WHEREAS, the source of funds is federal money passed through the Montana Department of Transportation for the purchase of air quality equipment, specifically two street sweepers valued at $208,996. The Grant amount is $180,948.74, and WHEREAS, the equipment is provided from the state and the City's match amount of $28,047.26 is budgeted, accounting regulations require recording of the grant revenue and the recognition of the assets acquired a full value, and WHEREAS, said Grant is revenue of $180,948.74 accruing to the City was not appropriated pursuant to Section 7-6-4271, and constitutes An overall increase in appropriation authority, an WHEREAS, the appropria e fund is a Special Revenue Fund, 2625, with the appropriate expenditure line item 940 for capital equipment for $180,948.74. NOW, THEREFORE, BE IT R SOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL, AS FOLLOWS: SECTION I. That the annual appropriation for Fund 2825, Special Revenue Fund, is hereby amended by allocating an additional $180,948.74 for the purpose of purchasing two (2) street sweepers. SECTION II. This) Resolution shall take effect immediately up, passage by the City Council. PASSED AND APPROVED BY THE CITY OF KALISPELL, ATTEST: Theresa White City Clerk ' CITY COUNCIL AND SIGNED BY THE MAYOR OF IS 28TH DAY OF JUNE, 1999. wm.F-.bohar*i . Wm. E. Boharski Mayor