07/25/89 SP City Council Minutes15 4
154
A SPECIAL MEETING OF THE KALISPELL CITY COUNCIL TtaS HELD AT 7:30 P.M. TUESDAY DULY 25,
1989 IN THE COUNCILCIDERS AT 'CITY HALL. MAYOR KENNEDY PRESIDED.
SCHINDLER, GUNNERz50N AMID NYSTUL WERE ABSENT. CDUNCIrZEMBERS HAFFERMAN
SAVERUD, ATKINSON, FURLONG AND HOPKINS WERE PRESENT.
Mayor Kennedy called the meeting to order and led the Pledge of Allegiance.
APPROVAL OF PRELIMINARY BUDGET
Oouncilman Hopkins moved approval of the Preliminary Budgets for FY 1989--90.
Councilman Atkinson seconded.
Clerk/Treasurer Halver reported the Preliminary Budget was not balanced but the Final
Budget approved would have to be.
The motion carried unanimously.
RESOLUTION #3890 - TAX ANTICIPATION MAE
Clerk/Treasurer-Halver explained this resolution is similar to one passed last year.
It allows us to participate in low interest state funding of registered warrants
Councilman Saverud moved adoption of Resolution #3890, a resolution relating to Tax and
Revenue Anticipation Note, Series 1989; authorizing the issuance and sale thereof to
The Board of Investments of The State of Montana, fixing the form and terms thereof and
authorizing the execution and delivery of documents related thereto.
Councilman Hopkins seconded and the motion carried unanimously upon roll call vote f
councilmembers present.
BUDGET HEARING MEETING
Clerk/Treasurer Halver suggested the Council consider holding the Budget Hearing
in conjunction with the Regular Meeting of August 7, 1989, which would eliminate the
need for a Special Meeting scheduled for August 9, 1989.
Councilman Hopkins so moved and the rest of the council seconded in unison. The motion.
carried.
ADJOURN
The meeting adjourned at 7:45.
hn "Ed" Kennedy, Jr., Mayor
AT=:
Approved as presented August 7, 1989
Don. Halver, C.M.C., Clerk/Treasurer