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01. Resolution 5634 - FY2013 Budget AmendmentCity of Kalispell Post Office Box 1997 - Kalispell, Montana 59903-1997 Telephone (406) 758-7000 Fax - (406) 758-7758 REPORT TO: Doug Russell, City Manager bX FROM: Rick Wills, Finance Director SUBJECT: Budget Amendment for FY2013 MEETING DATE: August 19, 2013 BACKGROUND: The Airport TIF Special Revenue Fund budget needs to be amended by $2,166,336 to accommodate the purchase of the permanent easement on the Kidsports property. RECOMMENDATION: Approve Resolution 5634 amending the Airport TIF budget by $2,166,336. FISCAL IMPACT: $2,166,336 budget amendment for Fund 2185. /ick Wills Finance Director A RESOLUTION TO AMEND THE ANNUAL APPROPRIATIONS OF THE CITY OF KALISPELL, MONTANA, AS SET FORTH IN THE 2012-2013 BUDGET ADOPTED BY THE CITY COUNCIL. WHEREAS, on August 20, 2012, the City Council adopted Resolution 5581 adopting the annual appropriations of the City of Kalispell for fiscal year 2012-2013; and WHEREAS, in the budget adopted by the City of Kalispell for the 2012-2013 fiscal year, certain detailed and itemized estimates of expenditures were not included in the operation of the Airport TIF Special Revenue Fund for the 2012-2013 fiscal year; and WHEREAS, the City of Kalispell will use the funds to purchase a permanent easement on the Kidsports property; and WHEREAS, at a public hearing held on August 19, 2013, the City Council did consider all objections made to said budget. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL AS FOLLOWS: SECTION 1. Amendments to the 2012-2013 fiscal budget as follows: Airport TIF Special Revenue Fund $2,166,336 For line item 2185 SECTION 2. That on August 19, 2013 at 7:00 o'clock P.M., the City Council authorized and directed the Finance Director to increase the appropriations. PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE CITY OF KALISPELL, THIS 19TH DAY OF AUGUST, 2013. Tammi Fisher Mayor F.-N-99=9 Theresa White City Clerk