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1. Hilton Garden Inn Request for Further Airport Tax Increment Financing ReimbursementCity of Kalispell Charles A. Harball office of City Attorney City Attorney 201 First Avenue East P.O. Box 1997 Kalispell, MT 59903--1997 MEMORANDUM TO: Mayor Pamela B. Kennedy and Kalispell City Council ''ROM: Charles Harball, City Attorney James H. Patrick, City Manager Tel 406.758.7977 Fax 406.758.7979 charball@kalispell.com SUBJECT: Request by Hilton Garden Inn for Further Airport TIF Reimbursement MEETING DATE: Monday, April 14, 2008 — work session BACKGROUND: As a part of the City's purchase and sale negotiation for the Armory property, the City agreed to provide $880,000 of eligible Airport TIF funds to the project. These funds have been paid. The owners of the Hilton Garden Inn would like the City Council to consider paying up to the maximum eligible amount of Airport TIF funds which appear, at this time, to be an additional amount of approximately $520,000. The construction ran into unforeseen project costs related to the poor soils and creating a proper base involved removing and replacing a large amount of soil material. The owners will present their case to Council regarding the benefits the facility is providing to the City. REC0 NDATION: That Council take into consideration the request of the Hilton Garden Inn owners as it reviews and plans the use of the cash flows created by the Airport TIF district. Respectfully submitted, .Ile) r Charles all, City Attorney awes H. Patrick, City Manager