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Resolution 6167 - Authorizes TIF Funds for Public ProjectsRESOLUTION NO. 6167 A RESOLUTION AUTHORIZING THE USE OF DOWNTOWN KALISPELL AND WEST SIDE - CORE AREA TAX INCREMENT FINANCING FOR FOUR PUBLIC PROJECTS INCLUDING THE DEPOT PARK BUILDING, WYE TRACK PURCHASE, WELCOME TO KALISPELL SIGNAGE, AND POLICE EVIDENCE FACILITY. WHEREAS, the City of Kalispell, Montana (the "City") is authorized by Montana Code Annotated, Title 7, Chapter 15, Parts 42 and 43, as amended (the "Act"), to create an urban renewal area, to undertake urban renewal projects therein, to provide for the segregation and collection of tax increment with respect to property taxes collected in the urban renewal area, to issue its bonds to pay the costs of such projects and to pledge to the repayment of the bonds the tax increment derived from the urban renewal area; and WHEREAS, in accordance with the provisions of the Act, on December 17, 2012, Kalispell City Council adopted the Core Area Plan as an amendment to the City of Kalispell Growth Policy 2020 by Resolution No. 5601 A, and on December 4, 2017, Council adopted The Downtown Plan as an amendment to the City of Kalispell Growth Policy Plan -It 2035 by Resolution No. 5846, both after duly mailed and published notice and a public hearing and receipt of recommendations from the Kalispell City Planning and Zoning Board, which certified that the Urban Renewal Plans conform to the general plan for the development of the City as a whole and the comprehensive plan of the City for the areas containing the Urban Renewal Areas; and WHEREAS, City Council adopted the West Side Urban Renewal/Core Area plan by Ordinance 1717 (Original Ordinance 1259) and the Downtown Urban Renewal Plan by Ordinance 1816; and WHEREAS, in both the Downtown and West Side/Core Area Urban Renewal Plans there are Public Infrastructure Projects which are eligible for Tax Increment Financing; and WHEREAS, each project is able to be funded under the adopted Urban Renewal Plan under MCA Title 7, Chapter 12, Chapter 13, or Chapter 14; as follows: a. In the Wcstsidc Urban Renewal Area, rehabilitating the building in Depot Park in anticipation of relocating the Parks and Recreation Department to that facility is eligible under MCA 7-15-4288 (4), "public improvements of infrastructure or publicly owned buildings;" and b. In the Wcstsidc Urban Renewal Area, the acquisition of land adjacent to the Parkline Trail for further redevelopment as part of the trail connections which lead to the bypass trail, making safety improvements along the trail, are eligible under MCA 7-15- 4288(1), "land acquisition;" and under MCA 7-15-4288(10), "the connection of the urban renewal area or targeted economic development district to existing infrastructure outside the area or district;" and In the Westside Urban Renewal Area, signagc on the bridge at the eastern entrance of the trail, visually defining the boundary of the Core Area is eligible under MCA 7-15- 4288(1), "land acquisition;" and under MCA 7-15-4288(10), "the connection of*lhe urban renewal area or targeted economic development district to existing infraslruclatre outside the area or district;" and d. In the Downtown Urban Renewal Area, renovating the current Parks and Recreation building into an evidence facility for the Kalispell Police Department is eligible under MCA 7-15-4288 (4), "publicly owned buildings." NOW, THEREFORE, BE 1T RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL AS FOLLOWS: SECTION 1. That the above listed projects be funded by Tax Increment Financing in the Core Area and the Downtown Urban Renewal Area. SECTION 2. This Resolution shall become effective immediately upon its passage by the City Council. PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE CITY OF KALISPELL, THIS 16TH DAY OF OCTOBER, 2023. ATTEST: Mark Johnson Mayor Ai ce Brunckhorst, CMC City Clerk ```�� r ► r ri���� 0.....9 c,SEAL�% . m U: 1892 •.ONT P�'