Loading...
11. Resolution 5233 - Budget Resolution - BIDCity of Kalispell Post Office Box 1997 - Kalispell, Montana 59903-1997 - Telephone (406)758-7700 Fax (406)758-7758 REPORT TO: Mayor Kennedy and City Council Members FROM: Amy Robertson, Finance Director James H. Patrick, City Manager SUBJECT; 2008 Business Improvement District budget MEETING BATE: August 20, 2007 BACKGROUND: The annual appropriations for the Business Improvement District budget are presented for Council consideration. The budget requested is $100,000. The BID will not levy a mill or assess a square footage assessment this year due to the legal challenge. This budget gives the District the ability to spend funds once the legal questions are resolved. This is money on hand carried over from the prior year. RECOMMENDATION: Adoption of Resolution 5233. FISCAL EFFECTS: $1 W000 Amy`H. Robertson Finance Director Report compiled: August 14, 2007 ames H. Patrick City Manager Return to: Theresa white Kalispell City Clerk P.O. Box 1997 Kalispell, MT 59903 RESOLUTION NO. 5233 A RESOLUTION SETTING THE ANNUAL APPROPRIATION FOR. THE BID (BUSINESS IMPROVEMENT DISTRICT) OF THE CITY OF KALISPELL, MONTANA, AS SET FORTIS IN THE 2007-2008 BUDGET ADOPTED BY THE CITY COUNCIL, SECTION I. That the annual appropriations for the Business Improvement District of the City of Kalispell, Montana are hereby fixed as follows: BUSINESS IMPROVEMENT DISTRICT $ 10000 SECTION II. The Business Improvement District Board of Directors is hereby authorized to transfer any part of an unencumbered balance of an appropriation to a purpose or object for which the appropriation for the current year is insufficient or to transfer between items appropriated within the fund. PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE CITY OF KALISPELL, THIS 20TH DAY OF AUGUST, 2007. Pamela B. Kennedy Mayor ATTEST: Theresa White City Clerk