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Resolution 3757 - Public Hearing Notice - Emergency Budget AmendmentNOTICE OF PUBLIC HEARING NOTICE IS HEREBY GIVEN THAT the City Council of the City of Kalispell shall hold a Public Hearing on the 8th day of September, 1987. The subject of said Public. Hearing shall be the following: 1 RESOLUTION NO. 3757 A RESOLUTION DECLARING AN EMERGENCY BUDGET FOR THE COMPREHENSIVE INSURANCE FUND TO COVER A DEFICIT IN SAID ACCOUNT FOR. FISCAL YEAR 1987 AND SETTING A DATE FOR PUBLIC HEARING THEREON. WHEREAS, the City of Kalispell in Fiscal Year 1987 appropriated $144,356.00 to cover the cost of Comprehensive Liabiliity Insurance incurred during said year, and WHEREAS, for reasons that could not have been reasonably foreseen at the time of appropriating said amount, the actual cost of Comprehen- sive Liability Insurance was $244,078.00, and WHEREAS, it is estimated that $99,722.00 is required to meet the emergency, and WHEREAS, it appears that emergency warrants may properly be drawn against the Comprehensive Liability Insurance Fund. NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL AS FOLLOWS: SECTION I. That an emergency appears to exist in the Comprehen- sive Liability Insurance Fund for the Fiscal Year 1987, occasioned by unanticipated rises in the cost of securing liability insurance resulting in a fund deficit of approxi- mately $99,722.00. SECTION II. That a Public Hearing shall be held by the City Counci at the regularly scheduled Council meeting to be held at 7:30 P.M. on the 8th day of September, 1987, at the Council Chambers, City Hall, Kalispell, Montana. SECTION III. That at said hearing any taxpayer or resident o Kalispe l may appear and be heard regarding the expenditure of money for the alleged emergency. SECTION IV. That at the conclusion b.f said hearing the Council may, by unanimous vote, declare an Emergency Budget Appropriation to adequately fund the Comprehensive Liability Insurance Fund and authorize the expenditure of necessary funds drawn on emergency warrants from the Comprehensive Insurance Fund to meet the emergency. SECTION V. The City Clerk -Treasurer is hereby authorized and directed to publish notice of the above set public hearing by publishing a copy of the Resolution together with a Notice of Public Hearing in the Da-i1v Tnter Lake. said publication to appear on time at least seven (7) days prior to the time set for hearing. PASSED BY THE CITY COUNCIL OF THE CITY OF KALISPELL AND APPROVED BY THE MAYOR THIS loth DAY OF August 1987. /s/ John "Ed" Kennedy Jr., Mayor ATTEST; I, the undersigned, City Clerk of the City of Kalispell, certify that the foregoing is a true copy of the Resolution passed by the City /s/ Don Halver Council of the City of Kalispell, Montana on City Clerk -Treasurer City o This Notice is Published pursuant to Section 7-6-4252the MontanafC dlespell Annotated. , Done by Order of,the City Council of the City of Kalispell this loth day of _ August 1987. City Cler -Tre surer Publish: August 28,, 1987