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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.