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Resolution 3695 - Approving Emergency Expenditures - Comprehensive InsuranceRESOLUTION NO. 3695 A RESOLUTION AP�,ROVI NG EMERGENCY EXPENDITURES IN THE AMOUNT CE $21"P.78 1. 00 TO COVER THE ACTUA�'COST OF OBTAINING COMPREHENSIVE LIAB1Lny_rwURANCE FOR FISCAL YEAR 1986. WHEREAS, the City of Kali'4ell in Fiscal! Year 1986 app7uj)rriated $83,597.00 to coveer the cos of Comprehensi-ve Liabili-ty- In-surance incurred during said year, a 4n WHEREAS, for reasons that could not have been reasonaUv fforeseen at the time of the appropriating said amount, the aeftal anst of Comprehensive Liability Insurance was $104,378.00, and WHEREAS, it is estimated that $20,781..00 required to meet the emergency, and WHEREAS, the City Council of the City of:Kalispell, pum,=mTrt to Section 7-6-4252, M.C.A. , on the 11th day of August, 19864, p,4ssed Resolution No. 3682, and pursuant to said Resolution the City CO'uncil did set a Public Hearing to be held at 7:30 P.M. on the 15thdmy of September, 1986, at the Council Chambers, City Hall, Kalispell,\ftntana, and directed the City Clerk -Treasurer to publi-sh Notice ofs.-iffiroPublic Hearing in accordance with said section, and � WHEREAS, the City Council pursuant to said Notice did holda�Public Hearing at said time and place and provided an o:ppor tun ity ftrr --expayeTS and residents of the City of Kalispell to be heard for or agdhst the expenditure of money for the alleged emergency, and WHEREAS, the City Council at the conclusion of said hearing deermined that it was appropriate to approve the emergency -expevaltui-e of $20,781.00 to cover the actual cost of Comprehen:sive Liabiltry-�hsurance for Fiscal Year 1986. NOW THEREFORE BE IT RESOLVED BY THE CITY :COUNCIL OF THE'.CITY OF KALISPELL AS FOLLOWS: SECTION I. That an emergency exists in' the CompmrbETwive Liability Insurance ' Fund for the Fiscal Year 1986, amas�bmed by unanticipated rises in the'. cost. of : securing 11akdIt'.y. insurance resulting in a fiYnd deficft of $20, 781 DO - SECTION II. That the City Council does, hereby approwe,� the expendiEu—re of $20,781 . 00 and directs the: said expenkd funds be drawn on emergency warrants from the Comprehensive lawrance Fund. SECTION III. That this Resolution shall :be entered Wn the minutes of the Council meeting held this date and as such shall evidence compliance with Section 7-6-4252, N."_ PASSED BY UNANIMOUS VOTE OF THE CITY COUNCIL�OF THE CITTOF KALISPELL AND APPROVED BY THE MAYOR THIS 15th DAY OF SEPTEMBER, MID.. J n 'Ed Kennedy ATTEST: City Clerk -Treasurer 1, the undersigned, City Clerk of the City of Kalispell, Certifythzathe foregoing is a true COPY of the Resolution passed by the City Co City of Kalispell, Montana at a regular meeting held MR11 aL t.Le City C1 �rk -the CitY GrZalizgell.