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Memo Robertson to Kukulski/Urban Renewal District ClaimsON of KaHSDell Post Office Box 1997 • Kalispell, Montana 59903-1997 • Telephone (406) 758-7700 • FAX (406) 758-7758 Date: July 5, 2000 TO: Chris Kukulski City Manager From: Amy Robertson Finance Director RE: Airport Urban Renewal District Claims related to Rosauers redevelopment. Rosauers billed us for our share of the costs associated with the street and storm sewer costs paid Oct. 5, 1999 in the amount of $41,654.80. Additional costs for the installation of the temporary street signal amounted to $28,867.63 - a listing is attached. Total cost to date is $70,513.43. The Urban Renewal District revenue has been insufficient to meet the needs of the Rosauers development or other airport development. We have cut off all spending within the district including all administrative costs. Future costs of maintaining the signal exist but have not been anticipated here. The Council recently loaned the district $40,000 from the General Fund to cover the claims for the signal. n v S O A 7C O 05 � O � f < t�0 $ CD .Z v � n 7C n ,1k) 0 1 3 11) m <O CL �w m r °o g T '�B °' m a? n r r U3M 3 CD O o 3� i V v �► c N m A o 0 D c a v y D X n C G. A Z o 3 N \ G t CD_ 0 � D OO c�i O � c 4 � � c o co S 0 Account Inquiry (97.02) Account: 2185-410-430264-943 Starting Date: 07/01/99 Ending Date: 06/30/00 Beginning: 0.00 Debits: 28,867.63 Credits: 0.00 Net Change: 28,867.63 Ending: 28,867.63 Budget: 150,000.00 Expended: 2�7.3 Encumberd: 0.00 Remaining: 121,132.37 Reference Posting Src Clifford of Vermont Inc 06/30/00 AP McCain Traffic Supply 06/30/00 AP Cardinal True Value 06/16/00 AP City Treasurer/Petty Cash 05/31/00 AP A-1 Paving Inc 05/31/00 AP Consolidated Electric Dis 05/31/00 AP Cook Painting 05/31/00 AP Harp Line Const Inc 05/31/00 AP Marathon Electric 05/31/00 AP Pacific Steel & Recycling 05/31/00 AP Flhd Electric Coop Inc 05/31/00 AP Forsgren Assc. Inc. 12/17/99 AP Consolidated Electric Dis 08/13/99 AP Cardinal True Value 08/13/99 AP AIRPORT TAX INCREMENT DIR. PUBLIC WORKS TRAFFIC SIGNALS TRAFFIC SIGNAL PDoc SDoc -------------- Amount 668.00 650.00 83.03 95.95 174.57 264.40 4,150.00 12,271.48 3,892.02 81.00 1,359.00 4,997.50 138.54 42.14