Resolution 4945 - TIF Monies for AirportRESOLUTION NO.4945
A RESOLUTION TO APPROVE THE EXPENDITURE OF FUNDS FOR THE
INSTALLATION OF CERTAIN INFRASTRUCTURE AT THE KALISPELL CITY
AIRPORT.
WHEREAS, on July 17, 1997 the City Council, by Ordinance 1242, approved the Kalispell
City Airport/Athletic Complex Redevelopment Plan as an Urban Renewal Plan;
and
WHEREAS, certain goals identified in the plan included the development of the airport in
accordance to an airport layout plan; and
WHEREAS, the installation of certain infrastructure at the airport, such as the installation of
utilities and asphalt paving, has been identified as necessary regardless of whether
the airport will ultimately be upgraded to a Class B-II designation; and
WHEREAS, the installation of certain infrastructure is necessary to the development of the
airport that will attract private investment in the airport property; and
WHEREAS, funds derived from the sale of airport properties are better used to purchase other
needed airport properties as these funds may be at least partially reimbursed to the
City of Kalispell through FAA programs; and
WHEREAS, it is appropriate to use tax increment funds from the Airport Tax Increment
District for the funding source of installation of infrastructure.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
KALISPELL AS FOLLOWS:
SECTION I. That the City is authorized to expend funds from the Airport Tax
Increment Financing Fund for the payment to install certain infrastructure
at the Kalispell City Airport, described as underground utilities,
engineering and local utility fees, chain link fencing, automatic vehicle
gate and access road, with the anticipated cost of approximately $230,000.
SECTION II. This resolution will become effective upon passage and approval by City
Council.
PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF
THE CITY OF KALISPELL, THIS IST DAY OF
ATTEST:
Theresa White
City Clerk