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4. Resolution 4393 - Budget Amendment - CDBGAgenda -February 2, 1998 AGENDA ITEM 4 -RESOLUTION 4393-BUDGET AMENDMENT After the completion of the hearing, Item No. 3, RESOLUTION 4393 needs to be approved to complete the budgeting process. I recommend the approval of the resolution as presented. RESOLUTION NO.4393 A RESOLUTION TO AMEND THE ANNUAL APPROPRIATIONS OF THE CITY OF KALISPELL, MONTANA, AS SET FORTH IN THE 1997-98 BUDGET ADOPTED BY THE CITY COUNCIL FOR THE CDBG HOUSING & NEIGHBORHOOD REVITALIZATION GRANT. WHEREAS, the annual appropriation for the CDBG Housing & Neighborhood Revitalization Grant is a federal grant received subsequent to the adoption of the Fiscal 1997-98 budget, in accordance with M.C.A. 7-6-4271, and WHEREAS, the source of funds is federal money passed through the U.S. Department of Justice in the amount of $400,000.00, and WHEREAS, the Planning, Economic and Community Development Department is a recipient of the CDBG Housing & Neighborhood Revitalization Grant on behalf of Samaritan House, and WHEREAS, said Grant 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 Special Revenue fund, 2940, with the appropriate expenditure line item for construction of a 35-bed shelter, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL AS FOLLOWS: SECTION I. That the annual appropriation for Special Revenue Fund, 1940, as a result of the CDBG Housing & Neighborhood Revitalization Grant Award on behalf of Samaritan House, is hereby increased by the sum of $400,000.00. SECTION II. This Resolution shall become effective immediately upon its passage by the City Council. j:\wp\res\sam\cdbg2budg S\ PASSED BY THE CITY COUNCIL AND APPROVED BY THE MAYOR OF THE CITY OF KALISPELL, THIS DAY OF FEBRUARY, 1998. Wm. E. Boharski, Mayor ATTEST: Debbie Gifford, CMC/AAE Clerk of Council j:\wp\res\sam\cdbg2budg