Resolution 6234 - TIF Grant Funding for Facade ImprRESOLUTION NO.6234
A RESOLUTION AUTHORIZING THE USE OF WEST SIDE - CORE AREA AND
DOWNTOWN TAX INCREMENT FINANCING FOR TECHNICAL ASSISTANCE
GRANT FUNDING FOR FAIrADE IMPROVEMENT 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, City Council adopted the Downtown Urban Renewal District by Ordinance 1816
on December 17, 2018, and the Downtown Urban Renewal Tax Increment District
by Ordinance 1820 on January 22, 2019; and
WHEREAS, on January 16, 2024, Council adopted Resolution 6180 adopting the Downtown
Kalispell and West Side Core Area Tax Increment Financing Assistance Program
providing guidelines for the purpose of offering monetary incentives for
development activities within the Urban Renewal Districts; and
WHEREAS, the Kalispell Business Improvement District has requested Tax Increment Finance
Assistance for Technical Assistance Grant Funding for Facade Improvements; and
WHEREAS, an annual allocation of $20,000.00 of funds per year for five (5) years is requested
from the Downtown and West Side — Core Area Tax Increment Finance District for
the Grant Assistance Funding.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
KALISPELL AS FOLLOWS:
SECTION 1. That the Technical Assistance Grant Funding on Exhibit"A", as requested
by the Business Improvement District, be funded by Tax Increment
Financing in the Downtown and 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 2ND DAY OF DECEMBER 2024.
Mark Johnson
ATTEST: Mayor
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EXHIBIT 4(A99
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$100,000 over 5 years ($20,000.00/year) with the following breakdown:
• Westside-Core Area:
o $5,000 per year for 5 years
• Downtown:
o $15,000 per year for 5 years
For the following assistance related to fagade improvement:
• Architectural Design
• Engineering
• Fagade Design
• Preliminary Cost Estimates