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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