Resolution 6200 - Authorizes TIF Funds for Public ProjectsRESOLUTION NO. 6200
A RESOLUTION AUTHORIZING THE USE OF WEST SIDE - CORE AREA TAX
INCREMENT FINANCING FOR VARIOUS PUBLIC ROAD AND STORM WATER
PROJECTS.
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. 5601A, 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 Plan conforms to the general
plan for the development of the City as a whole and the comprehensive plan of the City
for the area containing the Urban Renewal Area; and
WHEREAS, City Council adopted the West Side Urban Renewal/Core Area plan by Ordinance 1717
(Original Ordinance 1259); and
WHEREAS, in the West Side/Core Area Urban Renewal Plan there are Public Infrastructure
Projects which are eligible for Tax Increment Financing; and
WHEREAS, the projects, as enumerated on Exhibit "A", arc eligible projects per the adopted City
of Kalispell Public Infrastructure Program and State Urban Renewal Law; and
WHEREAS, an annual allocation of $200,000.00 of funds per year for five (5) years is requested
from the West Side — Core Area Tax Increment Finance District for the projects.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
KALISPELL AS FOLLOWS:
SECTION 1. That the listed projects on Exhibit "A" be funded by Tax Increment Financing
in the Core 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 3RD DAY OF JUNE, 2024.
ATTEST:
Aimc Brunckhorst, CMC
City Clerk
Mark Johnsok,�
Mayor %%j i i l i lii�,i
...0 AL�'•:en
EXHIBIT "A" •'•-?ONIR•'
Construction
Year Est.
CIP Name
24
Underhill Court W Arizona St to W Arizona St U)
24
W Center St 7th Ave W to 5th Ave W)
24
3rd Ave WN W Idaho to W Washington St
24
5th Ave E Center to I st St E)
25
3rd Ave E Center to 1st St E)
25
Two Mile Drainage, Street Improvements,
25
Glenwood Drive (Hwy 2 to Two Mile Drive
26
W Montana St(Main St to 1 st Ave W
26
7th Ave EN - Idaho to South end
26
5th Ave EN Idaho to E Montana
26
1st St E(Main to 3rd Ave E
27
6th Ave EN - Idaho St to Washington St
27
1 st Ave EN Montana to Washington)
27
Teton St from Hawthorn to Irish Ct(including Irish Ct
27
5th Ave WN Idaho to Center St
27
1 st St West -9th Ave W to I Oth Ave W
28
2nd Ave E Center St E to 1 STSt E
29
8th Ave WN- Idaho St to W Rail Road St
30
7th Ave WN - Idaho St to W Washington
30
1 st Ave WN - Idaho to Mall Parking Lot
30
W Montana St 8th Ave WN to 7th Ave
31
W Washington - 5th Ave WN to 6th Ave WN
32
1 st St West - 2ndAve W to 3rd Ave W