3. Resolution 5069 - Resolution of Intent & Call for PH - Budget Amendment, Old School Station SID 344City of Kalispell
Post Office Box 1. 997 - Kalispell, Montana 9 -1 7 - I lh - 7 -7700 Fax 6 7 -77
REPOT Mayor Kennedy and City Council Members
FROM: Amy Robertson, Finance Director
James s H. Patrick., City Manager
SUBJECT: Budget Amendment S D 3 — Old School Station
MEETING DATE: October 17, 2005
BACKGROUND: t is necessary to amend the City"s budget for appropriation authority
for SID 3, Old School Station. These numbers were not available at the time we adopted the
City budget. Budget amendments is require a public hearing and a resolution adopting the budget
for all Ends except grants.
FISCAL IMPACT:
Amy H. Robertson.
'ran.ce Dit c r
Adopt Resolution. 5070
$4,5501000
Report compiled: October 1, 2005
t
` x . a e0l atri k
City Manager
RESOLUTION NO. 5069
A RESOLUTION CALLING FOR A PUBLIC HEARING TO AMEND THE ANNUAL
APPRO RIAONS OF THE CITY of KALISPELL, MONTANA, AS SET FORTH IN
THE 2005-2006 BUDGET ADOPTED BY THE CITY COUNCIL.
WHEREAS, in the budget adopted by the City of Kalispell for the 2005-2006 fiscal year, certain
detailed and itemized estimates of expenditures have proven inaccurate in the
operation of said Funds for the 2005-2006 fiscal year.
NOW THERE RE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY of
KALISPELL AS FOLLOWS:
SECTION I. on the 7th day of November, 2005 at :00 o'clock P.M., in the Council
Chambers, City Ball, 312 Ist Avenue East, Kalispell, Montana, the City
Council of the City of Kalispell shall hold a Public Hearing on the following
amendment to the 2005-2006 fiscal budget:
4244-000-381030-000 Proceeds of Bonds $4,5501000
424 -4 0-43 3 1-9 0 Construction Account $31963,100
2 - 1 -203 -352 Bond issue costs 131, 0
4244-410-430315-820 Transfer to Debt Service Reserve 227,500
4244- -4303 5- 3o Transfer to SID Revolving Frond 22 00
Total Budget $4,5501000
SECTION I.. That notice of the passage of this resolution shall be published pursuant to
Section -1-4.2 , MCA.
PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE .MAYOR OF THE
CITY OF KALISPELL, THIS 1-7TH DAY OF OCTOBER, 2005.
Pamela B. Kennedy
Mayor
ATTEST:
......................... ... ....
Theresa White
City Clergy.