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06E. Resolution 4460 - SID BondsNOTICE OF PUBLIC HEARING RESOLUTION NO. 4460 A RESOLUTION CALLING FOR A PUBLIC HEARING TO AMEND THE ANNUAL APPROPRIATIONS OF THE CITY OF KALISPELL, MONTANA, AS SET FORTH IN THE 1998-99 BUDGET ADOPTED BY THE CITY COUNCIL FOR THE PAYMENT OF SID BONDS. WHEREAS, the annual appropriation for the payment of SID Bonds in SID #342 have proven inaccurate because of the prepayment of bonds held by the City, and said payment was made subsequent to the adoption of the Fiscal 1999 budget, in accordance with M.C.A. 7-6-4120, and WHEREAS, said prepayment is revenue accruing to the City not appropriated pursuant to Section 7-6-4271, and constitutes an overall increase in appropriate authority, and WHEREAS, the appropriate fund would be in Debt Service Funds, 3642, SID 342, with the appropriate expenditure line item for purpose of paying the outstanding bonds. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL AS FOLLOWS: SECTION I. That on April 19th, 1999 at 7:00 o'clock P.M., in the Council Chambers of City Hall, Kalispell, the City Council will hold a public -hearing on appropriating funds for the purpose of paying SID 342 Bonds due to a prepayment of indebtedness. SECTION U. 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 H :\attsect\wp\res'BONDS 342. wpd 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 H:\attsect\wp\res\BONDS342.wpd