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Resolution 6203 - Adopts Assessment Increase for Street MaintenanceRESOLUTION NO. 6203 A RESOLUTION TO ADOPT AN INCREASE IN ASSESSMENTS ON REAL PROPERTY WITHIN THE CITY OF KALISPELL FOR THE COSTS OF THE STREET MAINTENANCE DISTRICT (SPECIAL :MAINTENANCE DISTRICT NO. 1). WHEREAS, a study of the City of Kalispell Street Maintenance Division has determined that the current structure will not provide the finances to maintain the same level of service for the upcoming fiscal years; and WHEREAS, Public Works staff has determined that the proposed assessment increase incorporates revenue requirements to generate adequate funds through fiscal year 2031; and WHEREAS, on May 6, 2024 the City Council passed Resolution No. 6194 stating its intent to adopt the recommendations of city staff and set a public hearing for June 3, 2024 on the proposed amendments to the assessment of real property in the street maintenance district of the City of Kalispell and gave the necessary Notice thereof as required by Section 7-12-4426, MCA; and WHEREAS, the public hearing was duly held by the Kalispell City Council at a public meeting thereof in the Kalispell City Hall beginning at 7:00 o'clock P.M. on June 3, 2024, and all persons appearing at the hearing and expressing a desire to be heard were heard, and all written comments thereon furnished to the City Clerk at the meeting prior thereto were also given full consideration by the Council; and WHEREAS, the Kalispell City Council hereby finds the proposed amended assessment on real property in the street maintenance district to be reasonable and just; and WHEREAS, the Kalispell City Council therefore considers it proper and necessary at this time to amend the assessment on real property imposed for street maintenance to its inhabitants and other persons served by the City of Kalispell Special Street Maintenance District. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL: SECTION 1. That the assessment on real property applicable to the City of Kalispell Special Street Maintenance District as set forth in Exhibit "A", attached hereto and by this reference made a part hereof, are found to be just and are hereby established and adopted to be imposed for the street maintenance service to the inhabitants of the City of Kalispell as set forth in Exhibit "A". SECTION 2. This decision is final ten (10) days after filing of this Resolution with the City Clerk. PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE CITY OF KALISPELL, THIS 17TH DAY OF JUNE, 2024. Mark Johns Mayor Attest: oRqr Airqee Brunckhorst, CMC City Clerk Exhibit A Assessment increase with caps remaining in place: Categories Current Proposed Proposed Proposed Proposed Proposed Proposed Proposed 2032- FY 24 FY 25 FY 26 FY 27 FY 28 FY 29 FY 30 FY 31 Future % Increase 15% 10% 7% 7% 5% 3% 3°io CCI % Category I 0.017776 0.020442 0.022487 0.024061 0.025745 0.027032 0.027843 0.028678 TBD Category 2 0.017776 0.020442 1 0.022487 1 0.024061 1 0.025745 1 0.027032 1 0.027843 1 0.028678 1 TBD Category 3 0.026226 0.030160 0.033176 0.035498 0.037983 0.039882 0.041079 0.042311 TBD Category 4 0.027637 0.031783 0.034961 0.037408 0.040027 0.042028 0.043289 0.044587 TBD Category 1. Residential Vacant land up to 2 acres then capped at 2 acres Category 2. Residential land up to 1/2 acre. Residential land over /z acre capped at %: acre Category 3. Commercial Up To 90% Covered Category 4. Commercial 100% Covered CC[ = pervious years average construction cost index, To be Determined TBD annually thereafter starting in FY 2032.