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3. Resolution 5471 - Resolution of Intent and Call for Public Hearing - Budget Amendment - Airport Tax Increment Financing District41 1WA SUBJECT: MEETING DATE: Amy Robertson, Finance Director Jane Howington, City Manager Call for Public Hearing Budget Amendment for FY2011 December 6, 2010 BACKGROUND: A public hearing is necessary prior to amending the City's fiscal 2011 budget for the Airport Tax Increment Fund. The Council recently approved a redevelopment project for Avail-TVN to bore under the highway and install fiber optics on the westside of Hwy 93 South. At the time the budget was adopted all redevelopment appropriations were removed. The cost of advertising will be paid out of the TI F district as well. RECOMMENDATION: Call for a public hearing for December 20, 2010 FISCAL IMPACT: $21,051 budget amendment Amy H. Robertson Jane Howington Finance Director City Manager Report compiled: November 30, 2010 A MSOLUTION OF INTENT CALLING FOR A PUBLIC HEARING TO AMEND THE ANNUAL APPROPRIATIONS OF THE CITY OF KALISPELL, MONTANA, AS SET 2011 FORTH BUDGET WHEREAS, in the budget adopted by the City of Kalispell for the 2010-2011 fiscal year, certain detailed and itemized estimates of expenditures of the Airport TIF Fund were not included at the time of adoption. NOW IT RESOLVED BY THE CITY THEREFORE,COUNCILOF KALISPELL AS --- - SECTION I. On the 20th day of December, 2010 at 7:00 o'clock P.M., in the Council Chambers, City Hall, 201 1st Avenue East, Kalispell, Montana, the City Council of the City of Kalispell shall bold a Public Hearing on the following amendment to the 2010-2011 fiscal budget: Avail-TVN $21,451 For line item 2185-480-470240-354 For the purpose of running a fiber optic line under Hierhway 93 South. SECTION II. That notice of the passage of this resolution shall be published pursuant to Section 7-1-4127, MCA. [�'ASSED?"­D APPROVED BY THE CITY COUNCIL t SIGNED BY THE MAYOR OF THE CITY OF KALISPELL, THIS 6TH DAY OF DECEMBER., Tammi Fisher Mayor ATTEST: Theresa White City Clerk NOTICE IS HEREBY GIVEN, that on the loth day of December, 2010 at 7:00 o'clock P.M., in the Council Chambers, City Hall, 201 1 st Avenue East, Kalispell, Montana, the City Council of the City of Kalispell shall hold a Public Hearing on the following amendments to the 2010-2011 fiscal budget: Airport T11F Fund 2185-480-470240-354 Avail-TVN redevelopment money $21 ,051 For more information or to comment contact Theresa White, City Clerk, PO Box 1997, Kalispell, MT 59903-1997, Telephone (406) 758-7756. Dated this 6th day of December, 2010. Theresa White City Clerk Publish: December 8, 2010 December 15, 2010