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06D. Resolution 4459 - Big Sky ManorNOTICE OF PUBLIC HEARING RESOLUTION NO. 4459 A RESOLUTION CALLING FOR A PUBLIC HEARING TO AMEND THE ANNUAL APPROPRIATIONS OF THE CITY OF KALISPELL, MONTANA, AS SET FORTH IN THE 1998-1999 BUDGET ADOPTED BY THE CITY COUNCIL FOR THE PURPOSE OF APPROPRIATING FOR THE BIG SKY MANOR LOAN. WHEREAS, in the budget adopted by the City of Kalispell for the 1998 fiscal year, certain detailed and itemized estimates of expenditures for the use of proceeds connected with the UDAG Loan Repayment for the 1999 fiscal year have proven inaccurate because of a commitment to assist the Big Sky Manor, and WHEREAS, the overall expenditures of the said UDAG Loan Repayment are currently not in excess of the total of such estimates of expenditures adopted in the City's budget for the 1999 fiscal year, however, it does appear that the total of the budgeted appropriations in said classification will exceed such estimate for the balance of the 1999 fiscal year, and WHEREAS, program income within the UDAG Loan Repayment Fund classification will have cash not appropriated and said excess may be utilized, to that, the respective budget appropriations are not exceeded by expenditures, and WHEREAS, said program income is revenue accruing to the City not appropriated pursuant to Section 7-6-4271, and constitutes an overall increase in appropriation authority, and WHEREAS, the appropriate fund would be a UDAG Fund, 2886, with the appropriate expenditure line item. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL AS FOLLOWS: SECTION I. That on April 19, 1999 at 7:00 o'clock P.M., in the Council Chambers, City Hall, Kalispell, the City Council will hold a public hearing on appropriating funds from the UDAG Loan Repayment Fund in the amount of $124,000 for j:\wp\res\BIGSKY.wpd the purpose of loaning Hampstead Partners money in order to refinance Big Sky Manor. SECTION II. That notice of the passage of this resolution shall be published pursuant to Section 7-1- 4127, MCA. PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE CITY OF KALISPELL, MONTANA, THIS 5th DAY OF APRIL, 1999. Wm. E. Boharski Mayor ATTEST: Theresa White Clerk of Council STATE OF MONTANA ) ss County of Flathead ) COMES NOW Theresa White, Clerk of the Council for the City of Kalispell, Montana and states as follows: 1. That she is the Clerk of the Council for the City of Kalispell, Montana. 2. That she caused to be published in the Daily Inter Lake, the above Resolution and Notice of Public Hearing, pursuant to Section 7-1-4128, MCA on April 7, 1999, and April 14, 1999. Dated this 5th day of April, 1999. Theresa White Clerk of Council }:\wp\res\BIGSKY.wpd