Resolution 6330 - TIF Fund Loan to Station Kalispell (40 Appleway)RESOLUTION NO.6330
A RESOLUTION AUTHORIZING THE KALISPELL URBAN RENEWAL AGENCY
AND THE KALISPELL REVOLVING LOAN FUND COMMITTEE TO DETERMINE
THE USE OF UP TO $113,700 OF WEST SIDE -CORE AREA TAX INCREMENT FUNDS
TO ASSIST THE REDEVELOPMENT OF BLIGHTED PROPERTY AT 40 APPLEWAY
DRIVE, KALISPELL, MONTANA.
WHEREAS, the Kalispell Urban Renewal Agency (URA) has been discussing the potential
expenditure of West Side -Core Area Tax Increment Funds to assist in the
redevelopment of blighted property at 40 Appleway Drive, Kalispell, Montana; and
WHEREAS, the URA is recommending, based upon the application of Station Kalispell, LLC
(MACH 1 Outpost LLC), owner of the subject property, that up to $113,700 of tax
increment funds be considered to assist in this redevelopment project; and
WHEREAS, the URA has worked with the owner of the subject property to construct a
redevelopment agreement within the above described financial parameters that
offers grant funding to meet the goals of the urban renewal plan, is otherwise
consistent with state tax increment financing law and loan support that meets the
criteria of the Kalispell Revolving Loan Fund (RLF) committee; and
WHEREAS, the Kalispell City Council finds that the subject property is blighted, is located
within the West Side -Core Area Urban Renewal TIF District and is eligible for
assistance from the increment funds.
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
KALISPELL, MONTANA, AS FOLLOWS:
SECTION 1. The Kalispell Urban Renewal Agency has developed an agreement with the
owner of the property at 40 Appleway Drive, Kalispell, Montana for the
purpose of removing blight through the redevelopment and rehabilitation of
the property and is further authorized to commit the use of up to $113,700
of West Side -Core Area Tax Increment Funds to this purpose.
SECTION 2. The City Manager is authorized on behalf of the City to execute the TIF
assistance and the redevelopment agreement documents as proposed for this
property.
PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF
THE CITY OF KALISPELL THIS 15TH DAY OF JUKE, 2026.
ATTEST,;
Ai e Brunckhorst
City Clerk
Ryan unter
Mayor