11. Resolution 5142 - Budget Resolution - BIDt,,ity of Kali'spell
Post ffic Box 9 ? � .��� i l � t£ ".990 �- .9 - r el �.� � . 0 - �
REPORT TO. Mayor Kennedy and City Council Members
ROM; Amy Robertson, Finance Director
James H. Patrick., City Manager
SUBJECT; 2007 Business Improvement District budget
MEETING DATE* August 21, 2006
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 funs once the legal
questions are resolved. This is money on hand.
RECOMMENDATION: Adoption of Resolution
FISCAL .AFFECTS: $ l WPM
iV
Amy H. Robertson
Finance Director
Report compiled: August 16, 2006
James H. Patrick
City Manager
RESOLUTION NO, 5142
A RESOLUTION SETTING THE ANNUAL APPROPRIATION FOR THE BID (BUSINESS
IMPROVEMENT DISTRICT) RIC OF THE CITY OF K S 'E ., MONTANA, AS SET
FORTH IN THE 2006-2007 BUDGETADOPTED BY THE CITY COUNCIL,
SECTION 1. That the annual appropfiations for the Business Improvement District of the City of
Kalispell, Montana .r hereby fixed as follows:
BUSINESS IMPROVEMENT DISTRICT $ 10000
SECTION 1, The Business Improvement District Board of Directors is hereby authorized t
transfer any part of an unencumbered balance of an appropfiation to a prose or
object for which the appropriation for the current year is insufficient r to transfer
between items appropriated within the fan ..
PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED Y THE MAYOR OF THE
CITY OF KALISPELL, THIS ST DAY OF AUGUST, 2006.
Pamela B. Kennedy
Mayor
TEST:
Therese. White
City Clerk